You are on page 1of 44

8Îíj?ÈGJ@L´·??eÃb?c£?



 :HE6W#U
  

(BPDLO:HEBVWDU#\DKRRFRP

 :HE6W#U
 λc°š?
º º º º
 º º º º  º º º º º º º º

º º º º º º º º º º

 ººººººººº ººººº
 ºº ºº  ºº ºº ºº  ºº ºº ºº  ºº ºº ºº ºº
 
 
 º º º º º º 
º º º º
º º º º º º º º º º º º

º º º º º
º º º º º º
º º º º º
º º º º º º º º º º º º


ººººººººººººººº

 

 :HE6W#U


 

 8FC4U!S
GOCKNYGDBUVCT#[CJQQEQO
0QDKNG


 :HE6W#U
8Ò?dÄÙ?

 

ÎÊ·@¨·?Ë»A
iÉi¤·?Ìc·?Ç

ËÒ@¯crA’E

 ËKÙÊ»hÇËÒÙ»h’E

 ËW@ng·?gÃ@|8 gÉc°·?fÈL³c·@G


ÌK@˂

 :HE6W#U
 ''/
'*$ '*$

&5($7(7$%/(

&5($7(7$%/( 

6TO!&5($7(7$%/(3+21( 3(5621B1$0(&+$5  

 3(5621B12180%(5  35,0$5<.(<3(5621B$''9$5&+$5  


 7(/B12180%(5  12718// 

3KRQH

 3(5621B1$0( 
3(5621B12 
 3(5621B$'' 
7(/B12 

35,0$5<.(< 

,QGH[HG 1RW1XOO 8QLTXH

12718// 

 :HE6W#U
'URSWDEOH

64/! GURSWDEOHSKRQH

7DEOH GURSSHG

$OWHUWDEOH $GG 

64/! DOWHUWDEOHSKRQHDGG ID[BQRQXPEHU  

7DEOH DOWHUHG


64/!GHVFSKRQH
1DPH1XOO"7\SH

3(5621B1$0(&+$5  
3(5621B1212718//180%(5  
3(5621B$''9$5&+$5  
7(/B1212718//180%(5  
)$;B12180%(5  

 :HE6W#U
 

$OWHUWDEOH PRGLI\ 

64/! DOWHUWDEOHSKRQHPRGLI\ WHOBQRQXPEHU  

7DEOH DOWHUHG

64/!FUHDWHWDEOHSKRQHDVVHOHFW IURPSKRQH

&5($7(7$%/( 5()(5(1&(6

6TO!&5($7(7$%/(3+21( 3(5621(B12QXPEHU  5()(5(1&(63(5621(

 3(5621(B12 

 :HE6W#U


x 1RW1XOO
 x 8QLTXH
 x 'HIDXOW
 x &KHFN
 x 3ULPDU\.H\
 x )RUHLJQ.H\



 

 

 'HIDXOW


1RW1XOO 
 
 

64/!FUHDWHWDEOHFXVWRPHU 
 FXVWBQRQXPEHU  QRWQXOO
 FXVWBQDPHYDUFKDU  QRWQXOO
 FXVWBDGGUHVVYDUFKDU  
 

 FXVWBQR 
 FXVWBQDPH
FXVWBDGGUHVV  

QRWQXOO


 :HE6W#U

64/!FUHDWHWDEOHFXVWRPHU 
 FXVWBQRQXPEHU  
 FXVWBQDPHYDUFKDU  
 FXVWBDGGUHVVYDUFKDU  
 FRQVWUDLQWFXVWBQRBQW
 FKHFN FXVWBQRLVQRWQXOO 
 FRQVWUDLQWFXVWBQDPHBQW
 FKHFN FXVWBQDPHLVQRWQXOO
 


 
FXVWBQRBQW  FRQVWUDLQW
 FXVWBQR FKHFN FXVWBQRLVQRWQXOO
 

 8QLTXH 
 

64/!FUHDWHWDEOHFXVWRPHU 
 FXVWBQRQXPEHU  XQLTXH
 FXVWBQDPHYDUFKDU  QRWQXOO
 FXVWBDGGUHVVYDUFKDU  
 


64/!FUHDWHWDEOHFXVWRPHU 
 FXVWBQRQXPEHU  
 FXVWBQDPHYDUFKDU  QRWQXOO
 FXVWBDGGUHVVYDUFKDU  
 FRQVWUDLQWFXVWBQRBXQL
 XQLTXH FXVWBQR 
 

 :HE6W#U
 'HIDXOW  

 


FUHDWHWDEOHVWXGHQW 
VWGBQRQXPEHU  QRWQXOO
VWGBQDPHYDUFKDU  QRWQXOO
VWGBDJHQXPEHU  
GHIDXOW
VWGBQDWLRQYDUFKDU  
GHIDXOW
<DPDQL




VWGBQR
 
VWGBQDWLRQ

<HPHQL

 &+(&. 


64/!FUHDWHWDEOHVWXGHQW 
 VWGBQRQXPEHU  QRWQXOO
 VWGBQDPHYDUFKDU  QRWQXOO
 VWGBVH[YDUFKDU  
 FKHFN VWGBVH[LQ
P

I

 VWGBFDVHYDUFKDU  
 FKHFN VWGBFDVHLQ
V

P

Z

G

 VWGBDJHQXPEHU  
 FKHFN VWGBDJHEHWZHHQDQG
 
FKHFN VWGBVH[
  P
I

 :HE6W#U
VWGBFDVH
  FKHFN
V 
 Z
P 
 G
 FKHFN VWGBDJH
  

64/!FUHDWHWDEOHVWXGHQW
 VWGBQRQXPEHU  QRWQXOO
 VWGBQDPHYDUFKDU  QRWQXOO
 VWGBVH[YDUFKDU  
 VWGBFDVHYDUFKDU  
 VWGBDJHQXPEHU  
 FRQVWUDLQWVWGBVH[BFKN
 FKHFN VWGBVH[LQ
P

I

 FRQVWUDLQWVWGBFDVHBFKN
FKHFN VWGBFDVHLQ
V

P

Z

G

FRQVWUDLQWVWGVWGBDJHBFKN
FKHFN VWGBDJHEHWZHHQDQG
 

 3ULPDU\.H\ 
 

1XOO


64/!FUHDWHWDEOHVWXGHQW
 VWGBQRQXPEHU  
 SULPDU\NH\
 VWGBQDPHYDUFKDU  
 

64/!FUHDWHWDEOHVWXGHQW
 VWGBQRQXPEHU  
 VWGBQDPHYDUFKDU  
 FRQVWUDLQWSNBVWGB
 SULPDU\NH\ VWGBQR 
 

 :HE6W#U
 )RUJHLQ.H\ 


7\SH'DWD

 0LVWHU
64/!FUHDWHWDEOHVHFWLRQ
 VHFBQRQXPEHU  
 SULPDU\NH\
 VHFBQDPHYDUFKDU  QRWQXOO
 

'HWDLO 
64/!FUHDWHWDEOHVWXGHQW 
 VWGBQRQXPEHU  
 SULPDU\NH\
 VWGBQDPHYDUFKDU  QRWQXOO
 VHFBQRQXPEHU  UHIHUHQFHV
 VHFWLRQ VHFBQR
 
VHFBQR


  
UHIHUHQFHV
  VHFBQR 6HFWLRQ

 :HE6W#U
64/!FUHDWHWDEOHVWXGHQW 
 VWGBQRQXPEHU  SULPDU\NH\
 VWGBQDPHYDUFKDU  QRWQXOO
 VHFBQRQXPEHU  
 VWGBDJHQXPEHU  
 FRQVWUDLQWINBVWGB
 IRUHLJQNH\ VHFBQR 
 UHIHUHQFHVVHFWLRQ VHFBQR 
 

VHFBQR VWGBQR
 


 

 VHFWLRQ  VWXGHQW VHFBQR


 VWXGHQW
 VHFWLRQ 


PDQDJHU V\VWHP 64/ 3OXV 
WLJHU VFRWW
 64/ 3OXV
64/!FUHDWHXVHUQDPHXVHULGHQWLILHGE\SDVVZRUG
 SDVVZRUG QDPHXVHU

 
64/!FRQQHFW

64/!JUDQWFRQQHFWWRQDPHXVHU
QDPHXVHU

 
64/!JUDQWUHVRXUFHWR 
 
*UDQWVXFFHHGHG
 

 :HE6W#U
'0/
'*$ '*$

 6(/(&7

  6(/(&7

6(/(&7 _^>',67,1&7@FROXPQ_H[SUHVVLRQ>DOLDV@`
)520WDEOH


',67,1&7

FROXPQ

  DOLDV

7DEOH

6TO!6(/(&7 )520GHSDUWPHQWV


6TO!6(/(&7GHSDUWPHQWBLGORFDWLRQBLG
 )520GHSDUWPHQWV
 

6TO!6(/(&7ODVWBQDPHVDODU\VDODU\
 )520HPSOR\HHV
 

 :HE6W#U






 $6 

6TO!6(/(&7ODVWBQDPH$6QDPHFRPPLVVLRQBSFW$6FRPP)520HPSOR\HHV
   6SDFH 

 6TO!6(/(&7ODVWBQDPH1DPH
 VDODU\ $QQXDO6DODU\)520HPSOR\HHV



6TO!6(/(&7ODVWBQDPH__MREBLG$6(PSOR\HHV
 )520HPSOR\HHV

6TO!6(/(&7ODVWBQDPH__
LVD
__MREBLG$6(PSOR\HH'HWDLOV
 )520HPSOR\HHV


 ',67,1&7

6TO!6(/(&7',67,1&7GHSDUWPHQWBLG)520HPSOR\HHV


6(/(&7 _^>',67,1&7@FROXPQ_H[SUHVVLRQ>DOLDV@`
)520 WDEOH
>:+(5(FRQGLWLRQ V @

 :HE6W#U
6TO!6(/(&7HPSOR\HHBLGODVWBQDPHMREBLGGHSDUWPHQWBLG
 )520HPSOR\HHV
 :+(5(GHSDUWPHQWBLG 


*R\DO


6TO!6(/(&7ODVWBQDPHMREBLGGHSDUWPHQWBLG
 )520HPSOR\HHV
 :+(5(ODVWBQDPH 
*R\DO


6TO!6(/(&7ODVWBQDPHVDODU\
 )520HPSOR\HHV
 :+(5(VDODU\ 

 

!
!


 !

 %(7:((1$1'
 ,1 VHW 
 /,.(
 ,618//

 

 :HE6W#U


6TO!6(/(&7HPSOR\HHBLGODVWBQDPHVDODU\PDQDJHUBLG
 )520HPSOR\HHV
 :+(5(PDQDJHUBLG,1  



6TO!6(/(&7ILUVWBQDPH
 )520HPSOR\HHV
 :+(5(ILUVWBQDPH/,.(
6



$ 
$

$ 
$

$ 
$

$ 
B$

6TO!6(/(&7ODVWBQDPHPDQDJHUBLG
 )520HPSOR\HHV
 :+(5(PDQDJHUBLG,618//

 :HE6W#U


$1'

6TO!6(/(&7HPSOR\HHBLGODVWBQDPHMREBLGVDODU\
 )520HPSOR\HHV
 :+(5(VDODU\! 
 $1'MREBLG/,.(
0$1


0$1 

 25

6TO!6(/(&7HPSOR\HHBLGODVWBQDPHMREBLGVDODU\
 )520HPSOR\HHV
 :+(5(VDODU\! 
 25MREBLG/,.(
0$1

 0$1 

 127

6TO!6(/(&7ODVWBQDPHMREBLG
 )520HPSOR\HHV
 :+(5(MREBLG127,1
,7B352*

67B&/(5.

6$B5(3



,7B352*

67B&/(5.

6$B5(3
 

 :HE6W#U
25'(5%<

 $6& 

'(6& 

$6& 

6(/(&7 _^>',67,1&7@FROXPQ_H[SUHVVLRQ>DOLDV@`
)520WDEOH
>:+(5(FRQGLWLRQ V @
>25'(5%<^FROXPQH[SUDOLDV` >$6&_'(6&@@


64/!6(/(&7ODVWBQDPHMREBLGGHSDUWPHQWBLGKLUHBGDWH
 )520HPSOR\HHV
 25'(5%<KLUHBGDWH


64/!6(/(&7ODVWBQDPHMREBLGGHSDUWPHQWBLGKLUHBGDWH
 )520HPSOR\HHV
 25'(5%<KLUHBGDWH'(6&

 '(6&

VT/!6(/(&7ODVWBQDPHGHSDUWPHQWBLGVDODU\
 )520HPSOR\HHV
 25'(5%<GHSDUWPHQWBLGVDODU\'(6&

 :HE6W#U


6TO!6(/(&7HPSOR\HHBLG&21&$7 ILUVWBQDPHODVWBQDPH 1$0(MREBLG


 /(1*7+ ODVWBQDPH ,1675 ODVWBQDPH
D
&RQWDLQV
D
"
 )520HPSOR\HHV
 :+(5(68%675 MREBLG  
5(3




0217+6B%(7:((1
6(3

-$1
Î 
‡ $''B0217+6
-$1
 Î
-8/

‡ 1(;7B'$<
6(3

)5,'$<
Î
6(3

‡ /$67B'$<
)(%
Î
)(%

$VVXPH6<6'$7( 
-8/



‡ 5281' 6<6'$7(
0217+
Î $8*
‡ 5281' 6<6'$7(
<($5
Î -$1
‡ 7581& 6<6'$7(
0217+
Î -8/
‡ 7581& 6<6'$7(
<($5
Î -$1


 :HE6W#U


6TO!6(/(&7WDEOHFROXPQWDEOHFROXPQ
 )520WDEOHWDEOH
 :+(5(WDEOHFROXPQ WDEOHFROXPQ

)RUHLJQNH\ 3ULPDU\NH\

6TO!6(/(&7HPSOR\HHVHPSOR\HHBLGHPSOR\HHVODVWBQDPH
 HPSOR\HHVGHSDUWPHQWBLGGHSDUWPHQWVGHSDUWPHQWBLG
 GHSDUWPHQWVORFDWLRQBLG
 )520HPSOR\HHVGHSDUWPHQWV
 :+(5(HPSOR\HHVGHSDUWPHQWBLG GHSDUWPHQWVGHSDUWPHQWBLG

 

6TO!6(/(&7WDEOHFROXPQWDEOHFROXPQ
 )520WDEOHWDEOH
 :+(5(WDEOHFROXPQ   WDEOHFROXPQ


 :HE6W#U


6TO!6(/(&7HODVWBQDPHHGHSDUWPHQWBLGGGHSDUWPHQWBQDPH
 )520HPSOR\HHVHGHSDUWPHQWVG
 :+(5(HGHSDUWPHQWBLG   GGHSDUWPHQWBLG


6TO!6(/(&7HODVWBQDPHHGHSDUWPHQWBLGGGHSDUWPHQWBQDPH
 )520HPSOR\HHVH
 /()7287(5-2,1GHSDUWPHQWVG
 21 HGHSDUWPHQWBLG GGHSDUWPHQWBLG 



6TO!6(/(&7HODVWBQDPHHGHSDUWPHQWBLGGGHSDUWPHQWBQDPH
 )520HPSOR\HHVH
 5,*+7287(5-2,1GHSDUWPHQWVG
 21 HGHSDUWPHQWBLG GGHSDUWPHQWBLG 


6TO!6(/(&7ZRUNHUODVWBQDPH__
ZRUNVIRU
__PDQDJHUODVWBQDPH
 )520HPSOR\HHVZRUNHUHPSOR\HHVPDQDJHU
 :+(5(ZRUNHUPDQDJHUBLG PDQDJHUHPSOR\HHBLG

6TO!6(/(&7GHSDUWPHQWBLGGHSDUWPHQWBQDPHORFDWLRQBLGFLW\
 )520GHSDUWPHQWV
 1$785$/-2,1ORFDWLRQV

 :HE6W#U
 *URXS%\ +DYLQJ

6TO!VHOHFWGHSWQR$YJ DJH )URPHPS

 *URXSE\GHSWQR

6TO!VHOHFWGHSWQR$YJ DJH IURPHPS

 ZKHUHFLW\ µ5L\DGK¶*URXSE\GHSWQR

6TO!6HOHFWMRE$YJ VDO IURPHPS*URXS%\MRE+DYLQJ$YJ VDO !

 :HE6W#U
*5283
$9* 
‡ &2817
‡ 0$;
‡ 0,1
‡ 67''(9
‡ 680
‡ 9$5,$1&(

6(/(&7>FROXPQ@JURXSBIXQFWLRQ FROXPQ 
)520WDEOH
>:+(5(FRQGLWLRQ@
>*5283%<FROXPQ@
>25'(5%<FROXPQ@


6TO!6(/(&7$9* VDODU\ 0$; VDODU\ 
 0,1 VDODU\ 680 VDODU\ 
 )520HPSOR\HHV
 :+(5(MREBLG/,.(
5(3



 *5283%<

6(/(&7FROXPQJURXSBIXQFWLRQ FROXPQ 
)520WDEOH
>:+(5(FRQGLWLRQ@
>*5283%<JURXSBE\BH[SUHVVLRQ@
>25'(5%<FROXPQ@
 
6TO!6(/(&7GHSDUWPHQWBLG$9* VDODU\ 
 )520HPSOR\HHV
 *5283%<GHSDUWPHQWBLG
 

 :HE6W#U

6TO!6(/(&7$9* VDODU\ 
 )520HPSOR\HHV
 *5283%<GHSDUWPHQWBLG

6TO!6(/(&7GHSDUWPHQWBLGGHSWBLGMREBLG680 VDODU\ 
 )520HPSOR\HHV
 *5283%<GHSDUWPHQWBLGMREBLG

 :+H5( +$9,1*

6TO!6(/(&7MREBLG680 VDODU\ 3$<52//


 )520HPSOR\HHV
 :+(5(MREBLG127/,.(
5(3

 *5283%<MREBLG
 +$9,1*680 VDODU\ !
 25'(5%<680 VDODU\ 

6TO!77,7/(
6DODU\_5HSRUW


 

6TO!%7,7/(
&RQILGHQWLDO


 :HE6W#U
,QVHUW

,QVHUW,QWR  YDOXHV 

6TO!,QVHUWLQWRHPS HQDPHMREFLW\DJHGHSWQR 

 9DOXHV µ0RKDPPHG¶¶0DQDJHU¶¶5L\DGK¶ 

6TO!,QVHUWLQWRHPS HQDPHMREFLW\DJHGHSWQR 

 6HOHFWHQDPHMREFLW\DJHGHSWQRIURPHPS
 ZKHUHHQDPH µ0RKDPPHG¶

6TO!,QVHUW,QWR&LW\ FLW\ 6HOHFWFLW\IURPHPS

 :HE6W#U
8SGDWH

8SGDWH 6HW FROXPQ QHZBYDOXH> FROXPQ YDOXH @:+(5( FRQGLWLRQ

6TO!8SGDWHHPS

 6HW FLW\ µ5L\DGK¶


 ZKHUHGHSW 

6TO!8SGDWHHPS6HWVDO  VDO  

6TO!8SGDWHHPS6HW&RPP  VHOHFWFRPPIURPHPSZKHUHHQDPH µ0RKDPPHG¶ 

6TO!XSGDWHHPS

 VHW MREGHSWQR VHOHFWMREGHSWQR


 IURPHPS 
 ZKHUHHPSQR  
 ZKHUHHPSQR  

 :HE6W#U
'HOHWH

'HOHWH)URP 

6TO!'HOHWH)URPHPS

6TO!'HOHWH)URPHPS :KHUHHQDPH µ0RKDPPHG¶

6TO!'HOHWH)URPHPS :KHUH&RPP  6HOHFWFRPP)URPHPS:KHUHVDO  

 :HE6W#U
6TO!VHOHFWHQDPHMREFLW\)URPHPS

 ZKHUHVDO  VHOHFWPD[ VDO IURPHPS 

 6TO!VHOHFWHQDPHMREFLW\PD[ VDO )URPHPS

VHOHFW  

6HOHFW  

6HOHFW 

6TO!6HOHFWHQDPHVDOMRE)URPHPS

 :KHUHGHSWQR 6HOHFWGHSWQRIURPHPS
 ZKHUH&LW\ VHOHFW&LW\)URPHPS
 :KHUH&LW\ µ5L\DGK¶ 

6TO!6HOHFWHQDPHMREVDO)URPHPS

 :KHUH6DO  6HOHFWPD[ VDO IURPHPS


 ZKHUHMRE µVDOHVPDQ¶ 

 :HE6W#U
 8QLRQ

6TO!6HOHFWHQDPHVDOMREVHSWQRIURPHPS

 ZKHUH6DOLQ 6HOHFWVDOIURPHPS
 ZKHUHHQDPH µ0RKDPPHG¶RUHQDPH µ.KDOLG¶ 

,Q 
 

6TO!6HOHFWHQDPHVDOMREVHSWQRIURPHPS

 ZKHUH6DOLQ 
 VHOHFWVDOIURPHPS
 ZKHUHHQDPH µ0RKDPPHG¶8QLRQ
 VHOHFWVDOIURPHPS
 ZKHUHHQDPH µ.KDOLG¶ 

 :HE6W#U
,QGH[
'*$ '*$

&5($7(,1'(;

&5($7(,1'(;,1 21

64/!FUHDWHLQGH[DDDRQ SKRQH SHUVRQBQDPH 

64/!FUHDWHXQLTXHLQGH[DDDRQSKRQH SHUVRQBQDPH 

64/!GURSLQGH[DDD

 :HE6W#U
9LHZ
'*$ '*$

 9,(:
 

&5($7(9,(:

&5($7(9,(: $66(/(&7

6TO!&5($7(9,(:666$66(/(&7 )520(03

9,(:

&UHDWH9,(:YLHZQDPH$6 6(/(&7^ ` ^
`^«`«)520WDEOHQDPH:+(5( FRQGLWLRQ

 :HE6W#U


6TO!&5($7(9,(:
 $66(/(&7HPSOR\HHBLG,'B180%(5ODVWBQDPH1$0(
 VDODU\ $11B6$/$5<
 )520HPSOR\HHV
 :+(5(GHSDUWPHQWBLG 


6TO!6(/(&7 )520VDOYX

 

'523YLHZVDOYX

 :HE6W#U
6(/(&7 )52086(5B7$%/(6

6(/(&7 )520'%$B86(56

6(/(&7 )520$//B86(56

6(/(&7 )52086(5B,1'(;(6

6(/(&7 )52086(5B9,(:6
6(/(&7JUDQWHGBUROH)520
XVHUBUROHBSULYV
6(/(&7&2817 )520
6<67(0B35,9,/(*(B0$3
6(/(&786(5)520'8$/
6(/(&7RZQHUWDEOHBQDPH)520
DOOBWDEOHV:+(5(RZQHU127
,1
6<6

6<67(0

6(/(&7V\QRQ\PBQDPH)520
DOOBV\QRQ\PV
6(/(&7 IURP9'%),/(
VHOHFW9$/8(IURP93$5$0(7(5:KHUH
1DPH 
FRQWUROBILOHV

6HOHFW )URP9'$7$%$6(
6HOHFW )URP9%$&.83
6HOHFW )URP95(&29(5<B),/(

6HOHFW IURP86(5B)5((B63$&(

VHOHFW IURP$//B7$%/(6

VHOHFW7$%/(B1$0(IURP$//B7$%/(6

6HOHFW IURP$//B86(56

6HOHFW IURP$//B9,(:6

6HOHFW9,(:B1$0(IURP$//B9,(:6

VHOHFW64/B7(;7IURP964/

 :HE6W#U
64/ 6WUXFWXUHG4XHU\/DQJXDJH
''/ 'DWD'HILQLWLRQ/DQJXDJH
'0/ 'DWD0DQLSXODWLRQ/DQJXDJH
'% 'DWD%DVH
'%$ 'DWD%DVH$GPLQLVWUDWRU
'%06 'DWD%DVH0DQDJHPHQW6\VWHP
2'%& 2SHQ'DWD%DVH&RQQHFWLYLW\
9/'% 9HU\/DUJH'DWD%DVH
5HODWLRQDO'DWD%DVH0DQDJHPHQW
5'0'
6\VWHP
2EMHFW5HODWLRQDO'DWD%DVH
25'%06
0DQDJHPHQW6\VWHP
/2% /DUJH2EMHFW%LQDU\
*8, *UDSKLF8VHU,QWHUIDFH
3/ 3URFHGXUH/DQJXDJH
2/$3 2QOLQH$QDO\WLFDO3URFHVVLQJ
6*$ 6\VWHP*OREDO$UHD
3*$ 3URJUDP*OREDO$UHD
6,' 6\VWHP,GHQWLILHU
$'2 $FWLYH;'DWD2EMHFWV
'$2 'DWD$FFHVV2EMHFW
''( '\QDPLF'DWD([FKDQJH
9%$ 9LVXDO%DVLFIRU$SSOLFDWLRQ
5'2 5HPRWH'DWD2EMHFWV
9%6 9LVXDO%DVLF6FULEW
271 2UDFOH7HFKQRORJ\1HWZRUN
:<6,:<* :KDW<RX6HH,V:KDW<RX*HW

::: :RUOG:LGH:HE
FRP &RPPHUFLDO%XVLQHVVHV
HGX +LJKHU(GXFDWLRQ
RUJ 2UJDQL]DWLRQ
JRY *RYHUQPHQW
QHW 1HWZRUN

 :HE6W#U
PLO 0LOLWDU\
+773 +\SHUWH[W7UDQVIHU3URWRFRO
+70/ +\SHUWH[W0DUNXS/DQJXDJH
'+70/ '\QDPLF+70/ +70/
)73 )LOH7UDQVHIHU3URWRFRO
,3$GGUHVV ,QWHUQHW3URWRFRO$GGUHVV
,63 ,QWHUQHW6HUYHU3URYLGHU
:& :RUOG:LGH:HE&RQVRUWLXP
&*, &RPPRQ*DWHZD\,QWHUIDFH
333 3RLQWWR3RLQW3URWRFRO
7UDQVIHU&RQWURO3URWRFRO,QWHUQHW
7&3,3
3URWRFRO
6/,3 6HULVO/LQH,QWHUIDFH3URWRFRO
&66 &DVFDGLQJ6W\OH6KHHWV
66, 6HUYHU6LGH,QFOXGH
'20 'RFXPHQW2EMHFW0RGDO
,,6 ,QWHUQHW,QIRUPDWLRQ6HUYHU
3:6 3HUVRQDO:HE6HUYHU
,33 ,QWHUQHW3UHVHQFH3URYLGHU
3*3 3UHWW\*RRG3ULYDF\
;0/ H;WQVLEOH0DNXS/DQJXDJH +70/ 
$63 $FWLYH6HUYHU3DJH
66/ 6HFXUH6RFNHW/D\HU
6(7 6HFXUH(OHFURQLF7UDQVDFWLRQ
6073 6LPSOH0DLO7UDQVIHU3URWRFRO
1173 1HWZRUN1HZV7UDQVIHU3URWRFRO
)$4 )UHTXHQWO\$VNHG4XHVWLRQV
,6'1 ,QWHJUDWHG6HUYLFHV'LJLWDO1HWZRUN
1173 1HWZRUN1HZV7UDQVSRUW3URWRFRO
323 3RVW2IILFH3URWRFRO
6/,3 6HULDO/LQH,QWHUQHW3URWRFRO
85/ 8QLIRUP5HVRXUFH/RFDWRU
,5& ,QWHUQHW5HOD\&KDW
7)73 7ULYLDO)LOH7UDQVIHU)73
3+3 +\SHUWH[W3UHSURFHVVRU +70/

$53$QHW $GYDQFHG5HVHDUFK3URMHFWV$JHQF\
%%6 %XOOHWLQ%RDUG6\VWHP
&(57 &RPSXWHU(PHUJHQF\5HVSRQVH7HDP
(XURSHDQ/DERUDWRU\IRU3DUWLFOH
&(51 :::
3K\VLFV
&,; &RPPHUFLDO,QWHUQHW([FKDQJH
''1 'HIHQVH'DWD1HWZRUN

 :HE6W#U
'2' 'HSDUWPHQWRI'HIHQVH
()) (OHFWURQLF)URQWLHU)RXQGDWLRQ
,$% ,QWHUQHW$UFKLWHFWXUH%RDUG
,(7) ,QWHUQHW(QJLQHHULQJ7DVN)RUFH
,62& 7KH,QWHUQHW6RFLHW\
1,& 1HWZRUN,QIRUPDWLRQ&HQWHU
1,& 1HWZRUN,QWHUIDFH&DUG
931 9LUWXDO3ULYDWH1HWZRUN
$&+ $XWRPDWHG&OHDULQJ+RXVH
3DODP:LQGRZV&(:$3

3DODP 
:LQGRZV&( 
:$3 :LUHOHVV$SSOLFDWLRQ3URWRFRO
+70/
+'0/ +DQG+HOG'HYLFH0DUNXS/DQJXDJH
:&$ :HE&OLSSLQJ$SSOLFDWLRQ
326( 3DODP26(PXDWRU
34$ 3DODP4XHU\$SSOLFDWLRQ
*36 *OREDO3RVLWLRQLQJ6\VWHP
:0/ :LUHOHVV0DUNXS/DQJXDJH
'7'V 'RFXPHQW7\SH'HILQLWLRQ
V

3& 3HUVRQDO&RPSXWHU
5$0 5DQGRPH$FFHVV0HPRU\
520 5HDG2QO\0HPRU\
&38 &HQWUDO3URFHVVLQJ8QLW
&' &RPSDFW'LVF
&'5 &':ULWH
&'5H &'5HZULWH
+' +DUG'LVF
0% 0RWKHU%RDUG
.% .H\%RDUG
.ESV .HORELWV3HU6HFRQG

$16, $PHULFDQ1DWLRQDO6WDQGDUGV,QVWLWXWH
8QLFRGH:RUOG:LGH&KDUDFWHU
8&6
6WDQGDUG
5*% 5HG *UHHQ %OXH
%LW %LW
%\WH  %LW &KDUDFWHU 

 :HE6W#U
.% %\WH .HOR%\WH 
0% .%0LJD%\WH
*% 0%*LJD%\WH 
7% *%7LWUD%\WH
950/ 9LUWXDO5HDOLW\0DUNXS/DQJXDJH
$3, $SSOLFDWLRQ3URJUDPPLQJ,QWHUIDFH
&/6,' &ODVV,GHQWLILHU
'&20 'LVWULEXWHG&RPSRQHQW2EMHFW0RGHO
,06 ,QIRUPDWLRQ0DQDJHPHQW6\VWHP
,,6 ,QWHUQHW,QIRUPDWLRQ6HUYHU
&,&6 &XVWRPHU,QIRUPDWLRQ&RQWURO6\VWHP
&207, &207UDQVDFWLRQ,QWHJUDWRU
'$2 'DWD$FFHVV2EMHFWV
'%&6 'RXEOH%\WH&KDUDFWHUV6HW
''( '\QDPLF'DWD([FKDQJH
'// '\QDPLF/LQN/LEUDU\
([WHQGHG%LQDU\&RGHG'HFLPDO
(%&',&
,QWHUFKDQJH&RGH
(5$ (QWLW\5HODWLRQVKLS$QDO\VLV
*8,' *OREDOO\8QLTXH,GHQWLILHU
,3& ,QWHU3URFHVV&RPPXQLFDWLRQ
,6$3, ,QWHUQHW6HUYHU$3,
0'$& 0LFURVRIW'DWD$FFHVV&RPSRQHQWV
0', 0XOWLSOH'RFXPHQW,QWHUIDFH
6', 6LQJOH'RFXPHQW,QWHUIDFH
06) 0LFURVRIW6ROXWLRQ)UDPHZRUN
0604 0LFURVRIW0HVVDJH4XHXH6HUYHU
076 0LFURVRIW7UDQVDFWLRQ6HUYHU
2/( 2EMHFW/LQNLQJDQG(PEHGGLQJ
606 6\VWHP0DQDJHPHQW6HUYHU
61$ 6\VWHP1HWZRUN$UFKLWHFWXUH
8'$ 8QLYHUVDO'DWD$FFHVV
$&,' &RQVLVWHQF\,VRODWLRQDQG'XUDELOLW\
$'2 $FWLYH;'DWD2EMHFWV
8'7 8QLIRUP'DWD7UDQVIHU
&20 &20 &20

&20'26 &RPPDQG
&20,QWHUQHW &RPPHUFLDO
&20$FWLYH; &RPSRQHQW2EMHFW0RGHO

(;( ([HFXWDEOH)LOH
%$7 %DWFK)LOH
&20 &RPPDQG)LOH

 :HE6W#U
7;7 7H[W)LOH
6<6 6\VWHP)LOH
:$9 :DYH)LOH
0,', 0XVLF,QVWUXPHQW'LJLWDO,QWHUIDFH)LOH
0,' 0XVLF,QVWUXPHQW'LJLWDO)LOH
47 4XLFN7LPH)LOH
%03 %LWPDS)LOH
(0) (QKDQFHG0HWD)LOH
:0) :LQGRZV0HWD)LOH
*,) *UDSKLF,QWHUFKDQJH)RUPDW)LOH
$9, $XGLR9LGHR,QWHUOHDYH)LOH
'2& 'RFXPHQW)LOH
0'% 0LFURVRIW'DWDEDVH)LOH
03(* 0RYLQJ3LFWXUHV([SHUWV*URXS)LOH
3,& 3&3DLQW
75& $XGLR7UDF)LOH
-3(* -RLQW3KRWRJUDSKLF(SHUWV*URXS)LOH
31* 3RUWDEOH1HWZRUN*UDSKLFV)LOH
7,)) 7DJJHG,PDJH)LOH)RUPDW)LOH
3') 3RUWDEOH'RFXPHQW)RUPDW)LOH
03 03(*/D\HUDXGLR)LOH

 :HE6W#U


)LOH
2SHQ
6DYH
 &UHDWH
 5HSODFH
 $SSHQG
6DYH$V
6SRRO
 6SRRO)LOH
 6SRRO2II
5XQ
&DQFHO
([LW
(GLW
&RS\
3DVWH
&OHDU
(GLWRU
 ,QYRNH(GLWRU

 'HILQH(GLWRU
6HUFK
)LQG
)LQG 1H[W
2SWLRQV

(QYLURQPHQW

 :HE6W#U
(G ,QYRNH
5  581
&OHDU6&5  &/6
6DYH:::
*HW:::
6WDUW:::
6DYH::: 5HSODFH
5ROO%DFN
&RPPLW
'HVF71DPH
'LVF
&RQQHFW
6SRRO)1DPH
6SRRO2II

***?d½


 :HE6W#U
3/64/



 ±64/L
 3UL\D1DWKDQ 1DQF\*UHHQEHUJ
²

 :HE6W#U
nhÅ­¸?

 ''/ 

 '0/ 
 6(/(&7
 25'(5%<

 
 *5283%< +$9,1*
 ,16(57
 83'$7(
 '(/(7(

 ,1'(; 
 9,(: 


 :HE6W#U
 8:HE6W#U]G®Êh¥L¸?
 ¾k@°̹¤d™?̹¤8¾kÙ?
 ÏËÁ½Ë¸?ÏÊgÉŽ„?
 Ï_Ɇ?ÏÊhÊd¼ÎdÊd…?Ï¡¬@ˆd˸?ɼ
 ÆÁk0.8h½¥¸?
 JÉk@…?ÏkdÁÄȿɹ¤Ï˹´Ì¥¼@SI¸@}
 ¦°?ɼ¾½t¼±JÉk@…?ÏÀ@ËsÈχhG8NÚÄ؛?
#
=՚E‹D


 

 :HE6W#U

You might also like