Professional Documents
Culture Documents
(1
7HFKQLFDO0DQXDO
9HUVLRQ
JKN
#+.
19'40#.;<'4
6KDQJKDL6WDQGDUGHO&R/WG
,1'(;
*HQHUDO3DJH
)XQFWLRQV3DJH
)HDWXUHV3DJH
,QVWDOODWLRQ3DJH
'LPHQVLRQ 3DJH
,QVWDOODWLRQ 3DJH
:LULQJ3DJH
6HWWLQJ6RIWZDUH3DJH
'LVSOD\3DJH
0RGEXV3URWRFRO3DJH
5HJLVWRU0DS 3DJH
,QWHUIDFH 3DJH
3URWRFROH 3DJH
([DPSOHV 3DJH
)HHGEDFN3DJH
*XDUDQWHH3DJH
JKN19'40#.;<'4'%*0+%#.#07#.
*HQHUDO
63'',1UDLOSRZHUDQDO\]HULVGHVLJQHGVSHFLDOIRUHQHUJ\PDQDJPHQWV\VWHP(06%\LWV',1UDLO
LQVWDOODWLRQLWLVYHU\VXLWDEOHWREHXVHGZLWKEUHDNHUVFRQWDFWRUV%HVLGHVHOHFWULFDOHQHUJLHVLWPD\PHDVXUH
DOO WKH SDUDPHWHUV RQ WKH HOHFWULFDO QHWZRUNV VXFK DV FXUUHQWV YROWDJHV DFWLYH SRZHUV UHDFWLYH SRZHUV
DSSDUHQWSRZHUVIUHTXHQF\SRZHUIDFWRUVDQGTXDGUDQWHQHUJLHV
,WGRHVQ
WQHHG&7EXWZHPD\FRQQHFWLWWRXSWR$PSGLUHFWO\,WKDVDGLJLWV/&'GLVSOD\%\LWVIURQW
NH\DQGXVHUVPD\HDVLO\FKDQJHGLVSOD\GDWD(YHU\6'7KDVD56LQWHUIDFHDQGLPSXOVHRXWSXWVWR
WUDQVIHULWVPHDVXULQJGDWDWRRWKHUPDVWHUGHYLFHVVXFKDV3/&GDWDFHQWHUFRPSXWHUV
6'7KDVJRRGFRVWSHUIRUPDQFHDVDQLQWHOOLJHQWXQLWDQGDGLJLWDOHOHFWULFDOGDWDFROOHFWLRQXQLWLWKDV
EHHQZLGHO\XVHGLQPDQ\LQWHOOLJHQWV\VWHPV
)XQFWLRQV
0HDVXULQJSDUDPHWHUVRQ$&HOHFWULFDOQHWZRUN
$/$/$/FXUUHQWVHQVHV9/9/9/9/9/9/)U
3/3/3/3/4/4/4/4/6/6/6/6/3)3)3)3)
LPS H[SN:K/ &NYDUK
:LWKGLJLWV/&'
,QSXW[$&RQQHFW&7[$$[$$[$$[$
/LQH3/[99
3/[9[99[99
3/[9
7KH[$W\SHFDQEHXVHGZLWK&7DQG&7UDWLRLVSURJUDPPDEOH
:LWKLPSXOVHRXWSXWVN:KNYDUKDQGZLUHEUHDNDJHDODUP
:LWK56LQWHUIDFHU0RGEXV578SURWRFRO
PPVWDQGDUG',1UDLOLQVWDOODWLRQ
:LWK 6WDQGDUGH/ 3& VRIWZDUH WKH XVHU PD\ HDVLO\ UHDG DQG 6'7 GDWD DQG SURJUDP LWV
SDUDPHWHUVE\FRPSXWHU
)HDWXUHV
7HFKQLFDO)HDWXUH 3DUDPHWHUV
:LULQJ 3/3/3/
[99
[9[99[99
9ROWDJH [9
&RQVXPSWLRQ9$OLQH
,QSXW 5DWLQJa8QPD[LPDOa8Q
[$[$[$[$[$
&XUUHQW 0LQLPDOFXUUHQWP$
&RQVXPSWLRQ9$OLQH
)UHTXHQF\ a+]
3UHFLVLRQ N9DUK
56LQWHUIDFH FDEOHV560RGEXV578SURWRFRO
LPSXOVHRSHQFROOHFWRUIRUN:K NYDUK
(QHUJ\,PSXOVH &RQVWDQW>6HHVLGHODEHO@
:LGWKRISXOVHPVPV
N9$&PLQLQSXWRXWSXWSRZHUVXSSO\
,VRODWLRQ
LQSXWKRXVLQJDQGRXWSXWKRXVLQJ!0ȍ
,QVWDOODWLRQ 6WDQGDUGPP',1UDLO
6WDQGDUG (1(1
:RUN7HPSHUDWXUH&a&
6WRUDJH7HPSHUDWXUH&a&
(QYLURQPHQW
5HODWLYHKXPLGLW\aQRFRQGHQVDWLRQ
$OWLWXGHP
'LPHQVLRQîîPP
2WKHUV
:HLJKWJ
6KDQJKDL6WDQGDUGHO&R/WG
6KDQJKDL6WDQGDUGH/&R/WG
*HQHUDO
,QVWDOODWLRQ
'LPHQVLRQ
,QVWDOOLQJ
V
ULH
V 6H
HULH 7
76 6'
6'
]HU U
QDO\ ]H
\$ DO\
QHUJ $Q
LO( UJ\
5D QH
',1 DLO
(
5
',1
7
7 7
7 7
7
7
7
1RWH
6'7LVHDVLO\¿[HGRQWKHPPVWDQGDUG',1UDLO
7KHUHDUHVHDOVSRLQWVRQWKHLUIURQWWUDQVSDUHQWFRYHU$IWHU:LULQJPRXQWVHDOVWKH\FDQEHJRRG
DQWLVWHDOLQJ
:KHQ WKH FXUUHQW LV PRUH WKDQ $PS SOHDVH XVH VSHFLDO FRQQHFWRU WR PDNH VXUH WKH ZLULQJ
VHFXULW\
:LULQJ
3/ZLULQJGLUHFW
/
/
/
56 N:K2XWSXW N9DUK2XWSXW
1
,
,
,
1
',15DLO(QHUJ\$QDO\]HU
6'76HULHV
7777
, , , 1
8 8 $WWHQWLRQ
: K H Q Z L U L Q J G L U H F W O \ Y R O W
9ROW 9ROW 9ROW F R Q Q H F W R U V 8 8 8
/ PXVW EH VKRUWHG ZLWK WKHLU
/ F R U U H V S R Q G L Q J F X U U H Q W
/ FRQQHFWRUV ,,, 2WKHUZLVH
1 6'7FDQ
WZRUN
6PDUW(OHFWULFDO0HDVXULQJ
JKN19'40#.;<'4'%*0+%#.#07#.
3/ZLULQJZLWKH[WHUQDO&7
56 N:K2XWSXW N9DUK2XWSXW
, , , 1
',15DLO(QHUJ\$QDO\]HU
6'76HULHV
7777
, , , 1
8 8
(DUWKHG 9ROW
9ROW 9ROW
/ /
Ğį
/ /
&7
/ /
&7
1 1
3/ZLULQJ /
/
/
56
N:K2XWSXW N9DUK2XWSXW
,
,
,
1
',15DLO(QHUJ\$QDO\]HU
6'76HULHV
7777
, , , 1
8 8
9ROW 9ROW
/
/
/
3/ZLULQJZLWKH[WHUQDO&7
56 N:K2XWSXW N9DUK2XWSXW
, , , 1
',15DLO(QHUJ\$QDO\]HU
6'76HULHV
7777
, , , 1
8 8
(DUWKHG 9ROW
9ROW 9ROW
/ /
Ğį
/ /
/ /
&7
6KDQJKDL6WDQGDUGHO&R/WG
6KDQJKDL6WDQGDUGH/&R/WG
56LQWHUIDFHZLULQJ
5ȍ
1RWH
2QWKHVDPH56OLQHWKHUHDUHQ
WPRUHWKDQGHYLFHV
$WWKHHQGRI56OLQHSOHDVHFRQQHFWDȍUHVLVWRUWRWKHODVWGHYLFH
(YHU\6'7KDVRZQGLIIHUHQWVODYHDGGUHVV<RXPD\VHW6'7DGGUHVVE\RXUVRIWZDUH
6HWWLQJ6RIWZDUH
6'77HVWLQJ6RIWZDUHFDQFKHFNDOOWKHVWDWHRI6'7E\56FRPPXQLFDWLRQ
LWFDQJHWDOOGDWDPHDVXUHGE\6'7
LWFDQPDNHPDVVVHWWLQJRI6'7
V0RGEXVVODYHDGGUHVVDQGEDXGUDWH
LWFDQHDVLO\FOHDU6'7
VHQHUJLHVGDWD
6PDUW(OHFWULFDO0HDVXULQJ
JKN19'40#.;<'4'%*0+%#.#07#.
$ODUPRIEUHDNOLQH
'LVSOD\
3XOVHRIN:K
3XOVHRIN9DUK
$WWHQWLRQ
:KHQ 6'7 FRPPXQLFDWHV QRUPDOO\
ZLOOJOLWWHUDWWKHERWWRPRIVFUHHQ
,I WKHUH LVQ
W FXUUHQW RU YROWDJH RQ WKH DQ\
RISKDVHV///WKHOLJKW>$ODUPRIEUHDN
OLQH@ZLOOEHWXUQRQ
,IWKHUHLVQ
WORDGRQOLQHVWKHOLJKW>$ODUPRI
EUHDNOLQH@ZLOOEHWXUQRQ
,I /// HUURU ZLULQJ>$ODUP RI EUHDN OLQH@
ZLOOEHWXUQRQ
7KHWKUHHFXUUHQWVKDVGLUHFWLRQLIFXUUHQWLV
/&'GLVSOD\HU
LQYHUVH ZLOO GLVSOD\ DW WKH ERWWRP RI
FXUUHQWYDOXH
%XWWRQIRUFKDQJHGLVSOD\3DJH 'LVSOD\0HQX
,QGXFWLYHUHDFWLYHHQHUJ\
N9DUK 8QLWN9DUK SW N: 7RWDO$FWLYH3RZHU
8QLWN:
&DSDFLWLYHUHDFWLYHHQHUJ\
N9DUK 8QLWN9DUK TW N9DU
7RWDO5HDFWLYH3RZHU
8QLWN9DU
8D 9
9ROWDJHRI3KDVH$
8QLW9 SI 7RWDO3RZHU)DFWRU
8E 9
9ROWDJHRI3KDVH%
8QLW9 +]
)UHTXHQF\
8QLW+]
8F 9
9ROWDJHRI3KDVH&
8QLW9 $GGU
0RGEXV6ODYH$GGUHVV
'HIDXOW
6HWE\6'07VRIWZDUH
,D $ &XUUHQWRI3KDVH$
8QLW$ 0RGEXV%DXGUDWH
'HIDXOWESV
6HWE\6'07VRIWZDUH
FW &75DWLR
'HIDXOW
$&7
1RWH
6'7FDQGLVSOD\PDLQSDUDPHWHUVWKHXVHUPD\FKDQJHGLVSOD\SDJHE\EXWWRQ
)RU WKH RWKHU SKDVH SDUDPHWHUV OLQH YROWDJHV SKDVH DFWYLFH SRZHUV SKDVH UHDFWLYH
SRZHUVSKDVHSRZHUIDFWRUVWKHXVHUPD\UHDGWKHPE\0RGEXV0DS6HH3DJHRUWKH
XVHUPD\UHDGWKHPE\RXUVRIWZDUH
7KHFXUUHQWVKDYHWKHVHQVHLIFXUUHQWLVLQYHUVHLWZLOOGLVSOD\
6KDQJKDL6WDQGDUGHO&R/WG
6KDQJKDL6WDQGDUGH/&R/WG
0RGEXV3URWRFRO
5HJLVWRU0DS
5HJLVWRU&RGH 5HDG
,WHPV )RUPDW ([SODQDWLRQ
'HF +H[ :ULWH
KLJK KLJK 6ODYH$GGUHVV &KDU 5: 5DQJHa'HIDXOW
ESV
ESV
ORZ ORZ %DXGUDWH &KDU 5:
ESV
ESV'HIDXOW
Q'HIDXOW
H
KLJK KLJK 'DWD)UDPHIRUPDW &KDU 5:
R
Q
ORZ ORZ /LQH0RGH &KDU 5 3/3/'HIDXOW
a a (PSW\
1R$ODUP
KLJK KLJK (UURU$ODUP0HVVDJH &KDU 5
(U3KDVHV8/8/8/
SRVWLYHQHJDWLYH
ORZ ORZ &XUUHQWVHQVH &KDU 5
,/,/,/
(PSW\
&7UDWLR2SWLRQ :RUG 5: a([WHUQDO&7$UDWLR
(PSW\
$% ,PSRUWDFWLYHHQHUJ\ ':RUG 5: 5HDO9DOXH
5HJLVWRUB+5HJLVWRUB/
&' ([SRUWDFWLYHHQHUJ\ ':RUG 5: 8QLWHN:K
() ,QGXFWLYHUHDFWLYHHQHUJ\ ':RUG 5: 5HDO9DOXH
5HJLVWRUB+5HJLVWRUB/
&DSDFLWLYHUHDFWLYHHQHUJ\ ':RUG 5: 8QLWHN9DUK
a a (PSW\
9ROWDJHEHWZHHQ/ 1HXWUDO :RUG 5
9ROWDJHEHWZHHQ/ 1HXWUDO :RUG 5
9ROWDJHEHWZHHQ/ 1HXWUDO :RUG 5 5HDO9DOXH 5HJLVWRU9DOXH
9ROWDJHEHWZHHQ/ / :RUG 5 8QLW9
9ROWDJHEHWZHHQ/ / :RUG 5
9ROWDJHEHWZHHQ/ / :RUG 5
&XUUHQWRQSKDVH/ :RUG 5
5HDO9DOXH 5HJLVWRU9DOXH
&XUUHQWRQSKDVH/ :RUG 5
8QLWH$
$ &XUUHQWRQSKDVH/ :RUG 5
% $FWLYHSRZHURQSKDVH/ :RUG 5
& $FWLYHSRZHURQSKDVH/ :RUG 5 5HDO9DOXH 5HJLVWRU9DOXH
' $FWLYHSRZHURQSKDVH/ :RUG 5 8QLWHN:
( 7RWDO$FWLYHSRZHU :RUG 5
) 5HDFWLYHSRZHURQSKDVH/ :RUG 5
5HDFWLYHSRZHURQSKDVH/ :RUG 5 5HDO9DOXH 5HJLVWRU9DOXH
5HDFWLYHSRZHURQSKDVH/ :RUG 5 8QLWHN9DU
7RWDO5HDFWLYHSRZHU :RUG 5
$SSDUHQWSRZHURQSKDVH/ :RUG 5
$SSDUHQWSRZHURQSKDVH/ :RUG 5 5HDO9DOXH 5HJLVWRU9DOXH
$SSDUHQWSRZHURQSKDVH/ :RUG 5 8QLWHN9$
7RWDO$SSDUHQWSRZHU :RUG 5
3RZHUIDFWRURQSKDVH/ :RUG 5
3RZHUIDFWRURQSKDVH/ :RUG 5
5HDO9DOXH 5HJLVWRU9DOXH
3RZHUIDFWRURQSKDVH/ :RUG 5
$ 7RWDO3RZHUIDFWRU :RUG 5
% )UHTXHQF\ :RUG 5 5HDO9DOXH 5HJLVWRU9DOXH8QLWH+]
6PDUW(OHFWULFDO0HDVXULQJ
JKN19'40#.;<'4'%*0+%#.#07#.
,QWHUIDFH
6'7 LV HTXLSSHG ZLWK FDEOHV KDOIGXSOH[ 56 LQWHUIDFH DQG LW LV EXLOWLQ VWDQGDUG 0RGEXV578
SURWRFROWKHFDEOHVVKRXOGEH6KLHOGHG7ZLVWHG3DLUDQGLWVGLDPHWHUVKRXOGDERYHPP
2QRQH56OLQHWKHUHDUHDEOHWRFRQQHFWPD[LPDQGHYLFHVHYHU\6'7PXVWKDYHRZQGLIIHUHQW
VODYHDGGUHVV
7KHZLULQJRI56FDEOHVVKRXOGEHIDUDZD\+9FDEOHVRU+9HQYLURQPHQWZHVXJJHVWZLULQJRI0RGH7
QRW0RGH6WDU
3URJUDPPDEOH%DXGUDWHESV
GHIDXOWLVESV
'DWD7UDQVPLW)RUPDWVWDUWELWGDWDELWVWRSELWQRSDULW\
3URWRFRO
0RGEXV578LWLVWKHFRPPXQLFDWLRQPRGHEHWZHHQPDVWHUGHYLFHDQGVODYHGHYLFHRQRQH56OLQH$W
¿UVWWKHPDVWHUGHYLFHUHTXHVWVRQHVROHVODYHGHYLFHWKHQWKLVVODYHGHYLFHUHSRQVHVPDVWHUGHYLFH
0RGEXV578 DOORZ WR FRPPQXQLFDWH RQO\ EHWZHHQ PDVWHU GHYLFH DQG VODYH GHYLFH DQG GRQ¶W DOORZ WR
FRPPXQLDWHDPRQJVODYHGHYLFHV7KHUHIRUHWKHVODYHGHYLFHVGRQ¶WRFFXS\WKHFRPPXQLFDWLRQOLQHZKHQLW
LQLWLDOL]H
0DVWHUUHTXHVWUHTXHVWIUDPHLQFOXGHVVODYHDGGUHVVIXQFWLRQFRGHGDWDDQG&5&FKHFN
6ODYH$GGUHVV )XQFWLRQ&RGH 'DWD &5&&KHFN
E\WH E\WH 1E\WHV E\WHV
6ODYH$GGUHVVHYHU\DQDO\]HUKDVRQHDGGUHVVGLIIHUHQWIURPRWKHUVRQRQH56OLQHUDQJHIURPa
RQO\UHTXHVWHGDQDO\]HUZLOOUHVSRQVHPDVWHU
)XQFWLRQ&RGH
+H[RUGHU )XQFWLRQ
+ 5HDGGDWDIURPRQHRUVHYHUDOUHJLVWRUV
+ :ULWHGDWDLQWRRQHRUVHYHUDOUHJLVWRUV
'DWDLQFOXGLQJUHDGRUZULWHGDWD
&5&FKHFN[ [ [
([DPSOHV
5HDGUHJLVWRUVZDQWWRUHDGWKHFXUUHQWVRISKDVHVRIDQDO\]HU
VVODYHDGGUHVV
0DVWHUUHTXHVW
6ODYH$GGUHVV )XQFWLRQ 6WDUW5HJLVWRU 5HJLVWRU1XPEHU &5&
+ + ++ ++ ++
6'7UHVSRQVH
6ODYH$GGUHVV )XQFWLRQ %\WH1XPEHU 'DWD &5&
+ + + +++++$+ '+(+
$/ +[++ $
$/ +[++ $
$/ +[+$+ $
5HDGUHJLVWRUVZDQWWRUHDGWKHLPSRUWUHDFWLYHHQHUJ\RIDQDO\]HU
VVODYHDGGUHVV
0DVWHUUHTXHVW
6ODYH$GGUHVV )XQFWLRQ 6WDUW5HJLVWRU 5HJLVWRU1XPEHU &5&
$+ + ++ ++ &++
6'7UHVSRQVH
6ODYH$GGUHVV )XQFWLRQ %\WH1XPEHU 'DWD &5&
$+ + + ++++ (+)&+
,PSRUWN9DUK +[+[+++[++ N9DUK
6KDQJKDL6WDQGDUGHO&R/WG
6KDQJKDL6WDQGDUGH/&R/WG
)HHGEDFN
56&RPPXQLFDWLRQ(UURU
6'7GRHVQ
WUHVSRQVH
3OHDVH PDNH VXUH WKH FRUUHFW 56 FRPPXQLFDWLRQ VHWWLQJ RI 6'7 WKH\ VODYH
DGGUHVVEDXGUDWHGDWD IUDPH IRUPDWH PXVW EH ZHOO FRUUHVSRQGLQJ WR PDVWHU GHYLFHV 3&3/& ,I
WKHUHDUHVHYHUDO6'7GRQ
WUHVSRQVHRQDVDPH56OLQHSOHDVHFKHFNZKHWKHUWKLV56
OLQHLVDYDLEOHRUZKHWKHUWKH56FRQYHUWHU7&3VHUYHUZRUNZHOO,IRQO\RQH6'7GRHVQ
W
UHVSRQVHSOHDHVFKHFNWKH56FDEOH
6'7UHVSRQVHVHUURUGDWD
3OHDVH UHDG 6'7 UHJLVWHU PDS DJDLQ PDNH FKHFN WKH JRRG SRVLWLRQGDWD IRUPDW RI WKH
UHJLVWHU:HVXJJHVWXVLQJRXU6'7WHVWLQJVRIWZDUHWRWHVWDQGVHW6'7DIWHULQVWDOODWLRQ
(OHFWULFDOYDOXHHUURU
3OHDVHPDNHVXUHRIFRUUHFWZLULQJRILQSXWFXUUHQWDQGRILQSXWYROWDJHWR6'7DIWHUZLULQJ\RX
PD\XVHPXOWLPHWHUWRFKHFNZKHWKHUWKHLQSXWYDOXHVDUHFRUUHFW
3OHDVHPDNHVXUHRISKDVHVHTXHQFHLVFRUUHFWWKDW
VWRVD\WKDW/FXUUHQWLQSXWPXVWEHPDWFKHG
WR/YROWDJHLQSXW
7KHPHDVXUHGYDOXHVE\6'7DUH506WKH\DUHDOLWWOHGLIIUHUHQWIURPWKHPHDVXUHGYDOXHVE\
PXOWLPHWHU,WLVQRUPDO
(QHUJ\YDOXHHUURU
6'7
VDFFXPXODWHGHQHUJ\YDOXHVDUHEDVHGRQDFWLYHSRZHUYDOXHVLIHQHUJ\YDOXHVDUHQ
W
FRUUHFWSOHDVHFKHFNZKHWKHUDFWLYHSRZHUYDOXHVDQG3)YDOXHVDUHFRUUHVSRGLQJWRUHDOYDOXHV
6'7FRXQWVELGLUHFWLRQDODFWLYHHQHUJLHVLIWKHFXUUHQWZLULQJRU&7VHFRQGDU\ZLULQJLVLQYHUVH
WKHDFWLYHHQHUJ\ZLOOEHFRXQWHGRQH[SRUWDFWLYHHQHUJ\6R\RXKDYHWRPDNHFXUUHQWZLULQJDJDLQ
6'7GRHVQ
WZRUN
6'7PXVWEHZLUHGYROWDJHOLQHVWKHSDLUHVRIJUHHQFRQQHFWRUVWKHUZLVHLWFDQ
WZRUNLI
WKHLQSXWYROWDJHLVEHORZWKHUDWLQJYROWDJH6'7FDQ
WZRUNWRRLIWKHLQSXWYROWDJHLVDERYH
WKHUDWLQJYROWDJHLWZLOOGRPDJH6'7,ILQSXWYROWJHLV2NEXW6'7FDQ
WZRUNSOHDVH
FRQWDFWRXUVHUYLFHDIWHUVDOVH
6'7(UU$ODUPV/('
7KHUHLVQRFXUUHQWRUQRYROWDJHRQDQ\RQHRISKDVH
$Q\FXUUHQWLQSXWGRQHVQ
WPDWFKLWVYROWDJHLQSXW
2Q3/ZULQJ(UU$ODUP/('ZLOOWXUQRQ
7RPHDVXUH8QEDODQFHSKDVHVORDG(UU$ODUP/('ZLOOWXUQRQ
6PDUW(OHFWULFDO0HDVXULQJ
JKN19'40#.;<'4'%*0+%#.#07#.
6KDQJKDL6WDQGDUGHO&R/WG
9HUVLRQ
6KDQJKDL6WDQGDUGHO&R/WG
$GGU12+XWDL5RDG%DRVKDQ'LVWULFW
LQ6KDQJKDL&KLQD
7HO
)D[
:HEKWWSZZZVWDQGDUGHOFRP
(PDLOLQIR#VWDQGDUGHOFRP
6PDUW(OHFWULFDO0HDVXULQJ