Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

  EAD@DEMXK T EZGCUGFDÖM GC RCGM HE @ENK_G@ DEMXK DM XDXUFDKMGC ?2?2 - ?2?6

AE XDKM HD_EFXDZG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN> Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
EWUDRK HE X_GOGNK
M K @ O_ E FG_AK J D_ @ G
 

R cg z k E s t g h k h e e ne f u f dö m Koservgfdkmes / suaeremfdgs he `enkrg`demtk

`enkrg`demtk
F k ` p k m e m te @ e tg s G f tdv dh g h e s
Dm df dk J dm g c MD E R FGMF J DM EN % EN

Fkmjkr`gfdöm y reumdöm he equdpk he trgognk 

 G hdfde`ore he ?2?2, cg dmstdtufdöm ehufgtdvg 
fkm cg pgrtdfdppgfdöm
gfdöm he pghres he jg`dcddg,
g,
fkmtgr
fkmtgrçç fkm cg gftgftugc
ugcddzgfdö
zgfdömm hec `gmugc
`gmugc he  hkfemtess y estuhdggmtes
hkfemte mtes pgrg hejdmdr cgs 
fkmvdvemfdg fk`k lerrg`demtg pgrg ec hesgrrkcck  `etgs dmstdtufdkmgces
lu`g
lu`gmk
mk y skfdgc que pktemf
pktemfdede ec respe
respeftk
ftk y cg 
hejemsg
hejemsg he cks hereflks
hereflks lu`gmks, sexugce
sexugcess y  Ecgokrgfdöm hec pcgm he gffdöm hec equdpk he 
reprkhuftdvks he cks estuhdgmtes  trgognk pgrg cg rejkr`ucgfdöm he cgs `etgs 
H dmstdtufdkmgces 
re Rgrg ec g÷k ?2?7, cg dmstdtufdöm Ehufgtdvg lgorç 
 
@ rehejdmdhk cgs `etgs dmstdtufdkmgces em um 12% que 
Vkfdgcdzgfdöm
dzgfdöm he cgs `etgs dmstdtufdk
dmstdtufdkmgces 
mgces 
k fkrrecgfdkme y grtdfuck cgs pkcàtdfgs dmstdtufdkmgces 
g em fghg umk he sus fk`pkmemtes y prkfesks. g 
prkpuestgs
` `ehd
`ehdgm
gmkk pcgz
pcgzkk y serç
serçmm fkmk
fkmkfd
fdhg
hgss pkr
pkr cg 
m e fk`umdhgh ehufgtdvg  _egcdzgfdöm he reumdkmes he trgognk fkm cks 
`de`orks he cg fk`umdhgh ehufgtdvg pgrg cg 
u k  G hdfde`ore he ?2??, cg dmstdtufdöm ehufgtdvg lgorç  rehejdmdfdöm he cgs `etgs dmstdtufdkmgces 
k m fkmskcdhghk he `gmerg estrgtäadfg ec 722% he cgs 
`etgs dmstdtufdkmgces fkm cg pgrtdfdpgfdöm gftdvg he  Emtrea
e u
Emtreagg he dmjkr`es
dmjkr`es k gftgs hespuäs he 
cg fk`umdhgh ehufgtdvg 
fghg gftdvdhgh regcdzghg 
k
 G hdfde`ore he ?2?6, cg dmstdtufdöm ehufgtdvg 
Enefufdöm
Enefufdöm hec Rcgm he Gffdöm hec Rrkarg`g 
temhrç hejdmdhhkk y fkmskcdhghk
dhghk ec prkfes
prkfeskk he 
he Fk`umdfgfdkmes (D`pce`emtgfdöm) 
sea
seaud`
ud`dem
demtk
tk y evgcug
evgcugfdö
fdömm he cgs `etgs 
`etgs 
dmstdtufdkmgces fkm cg pgrtdfdpgfdöm gftdvg he 
Veaud`demtk y gnustes em cg d`pce`emtgfdöm 
cg fk`umdhgh ehufgtdvg 
 
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

  EAD@DEMXK T EZ
EZGCUGFDÖM
GCUGFDÖM GC RC
RCGM
GM HE @ENK_G@DEMXK DDM
M XDXUFKMGC ?2?2 - ?2?6

AE XDKM HD_EFXDZG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF > Fgmfecghg JDM > Jdmgcdzghg EN > Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 

R cg z k E s tg h k h e E ne f u f dö m
F k ` p k m e m te @ e tg s G ft dv dh g h e s Koservgfdkmes / suaeremfdgs he `
`enkrg`demtk
enkrg`demtk
Dm df dk J dm g c MD E R F GM F J DM EN % EN

Fkmjkr`gfdöömm hec Fk`dtä he fkmvdvemfdg

Fkmjkr`gfd fkmvdvemfdg y 
estgocefer su reacg`emtk dmtermk 

Rrk`
Rrk`kfkfdö
dömm y hd hdju
jusd
sdöm
öm he hecc fk`d
fk`dttää he 
fkmvdvemfdg
vemfdg g trgväs he cg regcdzgfdöm
zgfdöm he 
 G Numdk he ?2?2, cg Dmstdtufdöm Ehufgtdvg  fg`pg÷gs jkr`gtdvgs he cg fkmvdvemfdg fkm 
fkmtgrç fkm um `gmugc he fkmvdvemfdg fk`k  tkh tkhks
ks cks `de`orks
e `orks he cg fk`umdfk`umdhgh 
h gh 
resuct
resuctghk
ghk he cg pgrtdfdpgf
pgrtdfdpgfdöm
döm gftdvg he tkhks  Ehufgtdvg.
cks estg`emtks he cg Fk`umdhgh Ehufgtdvg,
hkmhe
hkmhe se fkmhem
fkmhemsgm
sgm cks gfuerh
gfuerhks
ks que  Hdjusd
j usdöm
öm y gprkgprkpd
pdgf
gfdö
dömm hec
hec pg
pgft
ftkk he 
`ktdvem cg fkmvdvemfdg pgfàjdfg y cg vdvemfdg  Fkmvdv
Fkmvdvemf
emfdgdg pkr pgrte
pgrte he cks hdj hdjere
eremtes 
mtes 
he cks hereflks lu`gmks  estg`emtks he cg fk`umdhgh ehufgtdvg 
 
@
 G jdmgc he ?2?7, ec :2% he cks `de`orks he  _eum _eumdö
dömm od`em emsu
sugc
gc hehecc fk`
fk` dtä
t ä he 
F cg fk`umdhgh ehufgtdvg utdcddzgrgm
zgrgm ec `gmugc  fkmvdvemfdg.
he fkmvdvemfdg
vemfdg fk`k um dm dmstru`
stru`emtk
emtk he 
h ` aestdöm em ec fcd`g esfkcgr y lgrçm gpkrtes  _e`dsdöm kpkrtumg he cks fgsks g trgtgr 
F E pgrg su `enkrg`demtk 
_eadstrk
_eadstrk hec estuhdk y reskcufdöm
reskcufdöm he cks 
v g
 G jdmgc he ?2??,cg dmstdtufdöm ehufgtdvg lgorç  fgsks que ce segm re`dtdhks 
gnustghk
gnustg hk ec `gm`gmugc
ugc he fkmvdvemf
fkmvdvemfdg
dg que 
respkmhg
respkm hg g requerd`dem
requerd`demtks
tks y mefesdhghe
mefesdhghes s  Ecgokrg
Ecgokrgfdö
fdömm he gftgs
gftgs he fk`prk
fk`prk`ds`dskk y 
g hec
hec fcd`
fcd`gg esfk
esfkcg
cgrr fkm
fkm ogse em cgs  pcgmes he gpkyk.
kr
krde
demt
mtgf
gfdk
dkme
mess hec
hec @EM@EM y gc lkrd lkrdzk
zkmte 
mte 
Dmstdtufdkmgc  Veaud`demtk pumtugc g cks fgsks hdjàfdces

Rgrg ?2?6 ec 722% he cks `de`orks he cg   Gpkyk g cks prkyeftks dmstdtufdkmgces he 
fk
fk`u
`umd
mdhgh
h gh ehuf
ehufgt
gtdv
dvgg fkmk
fkmkfe
ferç
rçmm y  pgrtdfdpgfdöm y fkmvdvemfdg 
pgrtdf
pgrtdfdpgrgm
dpgrgm he cgs gffdkm
gffdkmes
es he revdsdömöm y 
gnuste hec `gmugc he fkmvdvemfdg  Veaud`demtk y evgcugfdöm
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

  EAD@DEMXK T EZG
EZGCUGFDÖM
CUGFDÖM GC RCG
RCGM
M HE @ENK_G@DEMXK DDM
M XDXUFKMGC ?2?2 --?2?6
?2?6

AE XDKM HD_EFXDZG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN> Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
R cg z k E s tg h k h e e ne f u f dö m
Fk `pkmemte @etgs G f t dv dh g h e s Koservgfdkmes / suaeremfdggss he `enkr
`enkrg`demtk
g`demtk
Dm df dk J dm g c MD E R FG M F J DM EN % EN

Fkmjkr`gfdöm
Fkmjkr`gfd öm he cks hdstdmtks equdpks he 
trgognk Dmstdtufdkmgc 

Em ec g÷k ?2?2 se lgorç fkmskcdhghk em um  Rresemtgfdöm hdgamöstdfk Dmstdtufdkmgc 

52% ec trgognk em equdpk fk`k jumhg`emtk 
esemfdgc hec quelgfer pehgaöadfk em tkhgs  Hesgrrkcck tgccer pehgaöadfk he `ktdvgfdöm y 
cgs
cgs gf gftd
tdvd
vdhg
hghe
hess hesgr
hesgrrk
rkccccghgs em cg  prk`kfdöm hec trgognk em equdpk.
ghgs
dmstdtufdöm 
_eumdöm perdöhdfg he cks equdpks he trgognk 
 G jdmgc he ?2?7, se temhrç gjdgmzghk ec  pgrg ecgokrgr pcgm he gffdöm y frkmkarg`g 
trgo
trgogn
gnkk em equdpk p k em um 12% fkm fkm cg 
orks  Ecgokrgfdöm he gftgs he fghg umg he cgs 
X F pgrtdf
pgrtdfdpgfdö
dpgfdömm gftdvg he tkhks cks `de`
`de`orks 
reumdkmes 
g he cg fk`umdhgh ehufgtdvg 
u
 
k g Rg
Rgrg
rg ?2
?2???? ec <2 <2%% he cg fk`u fk`umd mdhg h  Ecgokrgr
hgh  Ecgokrgr dmstru`emt
dmstru`emtks
ks he seaud`demtk
seaud`demtk y 
e m ehufgtdvg refkmkferç ec trgognk em equdpk  evgcugfdöm.
E u fk`k juemte he umdhgh Dmstdtufdkmgc.
 Gpcdfgfdöm em dmstru`emtks he evgcugfdöm,
p k Rg
Rgrg
rg jdmg
jdmgce
cess he ?2?6?2?6,, cg Dm Dmstd
stdtufdö m  seaud`demtk y skfdgcdzgfdöm he resuctghks.
t ufdöm 
Ehufgtdvg lgorç fkmskcdhghk ec trgognk em 
equdpk emtre tkhks cks dmtea rgmtes he cg  Emtreag Dmjkr`es perdöhdfks he cks equdpks 
dmteargmtes
fk`umdhgh ehufgtdvg fk`k estrgteadg fcgve  he trgognk.
em ec hesgrr
hesgrrkcc
kcck dms
dmstdtu
tdtufdk
fdkmgc
mgc he fgrg
fgrg gc 
`enkrg`demtk  _egcdzgfdöm gutkevgcugfdöm 
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

 
.
 
EAD@DEMXK T EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFDKMGC ?2?2 -?2?6

AE XDKM HD_EFXDZG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN> Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
R cg z k E st g h k h e e ne f u f dö m
Fk `pkmemte @etgs G ft dv dh g h e s Koservgfdkmes / suaeremfdggss he `enkrg`demtk
Dm df dk J dm g c MD E R FGMF J DM EN % EN

 G hdfde`ore he ?2?2, cg dmstdtufdöm ehufgtdvg  Jkrtgcefd`demtk he cg dmteargfdöm heodhg hec 

fkmtgrg fkm um fkmsenk gfghä`dfk càher em  Fkmsenk he Gfghä`dfk 
cks prkfesks
prkfesks he hesgrrkcck
hesgrrkcck dmstdtufdkm
dmstdtufdkmgc 
gc 
`etgs dmstdtufdkmgces  _evdsdöm y gnuste hec _eacg`emtk Dmtermk 

 G jdmgces he ?2?7 ec Fkmsenk Gfghä`dfk  Ecgokrgfdöm hec pcgm he gffdöm pgrg ec g÷k
fkmtgrç fkm um fk`dtä dmtermk que lgag ec 
seaud`demtk g cgs hefdsdkmes tk`ghgs  Eceffdkkmes
mes respkmsgoce
respkmsgocess em ec Fkmsenkk  
 
 Gfghä`dfk pgrg ec seaud`demtk he cgs 
 
F A  G hdfde`ore he ?2?? tkhgs cgs hefdsdkmes  hefdsdkmes tk`ghgs 
hec Fkmsenk Gfghä`dfk serçm `kmdtkreghgs.
Rres
Rresem
emtg
tgfd
fdöm
öm he dm dmjk
jkr`
r`es
es skor
skoree cgcgs 
s 
e
k m  G hdfde`ore he ?2?6 Cg Dmstdtufdöm  he hefd
fdsd
sdkm
kmes
es tk tk`g
`ghg
hgss em ec Fk Fkms
msen
enk 
k 
G Ehufgtdvg fkmtgrç fkm Fkmsenk Gfghä`dfk   Gfghä`dfk 
E <2% prkgftdvk em ec hesgrrkcck
hesgrrkcck he pkcàtdffgs 
gs 
he `enkrg`demtk dmstdtufdkmgc Veaud`demtk, evgcugfdöm e Dmjkr`e jdmgc he 
` g equdpk he trgognk.
f
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

EAD@DEMXK T EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFDKMGC ?2?2 - ?2?6

AE XDKM HD_EFXDZG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF > Fgmfecghg JDM > Jdmgcdzghg EN > Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
R cg z k E s tg h k h e e ne f u f dö m
F k ` p k m e m te @ e tg s G ftdv dh g h e s Koservgfdkmes / suaeremfdgs he `enkrg`demtk
`enkrg`demtk
D m df dk J dm g c MD E R FGMF JD M EN % EN
 G `gyk he ?2?2, ec :2% he cks hkfemtes 
he cg Dmstdtufdöm fkmkferçm y temhrçm em 
fc
fcgr
grkk ec em
emjk
jkqu
quee `e
`etk
tkhk
hkcö
cöad
adfk 
fk 
Fkmjkr`gfdöm Equdpk he trgognk 
Dmstdtufdkmgc.
Rresemtgfdöm pcgm he trgognk.
 G Mkvde`ore he ?2?7, cg dmstdtufdöm 
te
temhr
mhrçç hejdhejdmdh
mdhkk y kper kpergtd
gtdvdzg
v dzghk
hk ec 
Es
Estu
tuhd
hdkk y hejd
hejdmd
mdfd
fdöm
öm hec Emjk
Emjkqu
que 
e 
emjkque
emjkque `etk `etkhkcö
hkcöadf
adfkk gfk
gfkrhe
rhe g cgs 
@etkhkcöadfk Dmstdtufdkmgc 
mefesdhghes,
hghes, dmteräs y pktemfdgcdhghes 
gcdhghes 
hec fkmtextk 
 Ghkpfdöm hec emjkque pehgaöadfk 
Dmstdtufdkmgc 
 G mkvde`ore he ?2??, cg Dmstdtufdöm 
ehufg
ehufgtdtdvg
vg fk fkmt
mtgrç
grç fkfkmm ec em emjk
jkqu
que 
e 
 
Hdvucagfdöm
Hdvuca gfdöm e D`pce`emtgfdöm
D`pce`emtgfdöm Emjkque 
`e
`etk
tkhkc
hkcöadf
ö adfkk hejdm
hejdmdh
dhkk y se serçrç he 
`etkhkcöadfk.
fkmkfd`demtk hec <2% he cks `de`orks 
he cg fk`umdhgh ehufgtdvg.
Veaud`demtk Vdste`çtdfk g cg gpcdfgfdöm 
hec emjkque `etkhkcöadfk dmstdtufdkmgc 
 G mkvde`ore he ?2?6, ec <2% he cks 
hkfem
hkfemtestes lgo lgorç
rç ghkpt
ghkptgh
ghkk em su sus 
s 
Veaud`demtk y Evgcugfdöm 
pr
prçft
çftdfdfgs
gs peh pehga
gaöad
öadffgs
gs y he gucg gucg,,
pkcàtdffgs
gs fcgrgs y fkleremtes
fkleremtes hejdmdhgs hgs 
dmstdtufdkmgc
dmstdtufdkmgc`emte
`emte em ec `grfk he su 
fk`pkmemte
fk`pkme mte tecekcöadfk y su `kheck 
pehgaöadfk 

.  
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

EAD@DEMXK T EZGCUGFDÖM
EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFKMGC ?2?2 -?2?
-?2?66

AE XDKM GFGHÄ@DFG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN > Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
EWUDRK HE X_GOGNK
MK@O_E F G_ A K J D_ @ G
 

R cg z k E stg h k h e e ne f u f dö m Koservgfdkmes / suaeremfdgs he `enkrg`demtk

`enkrg`demtk
Fk` pkmemte @ e tg s G f tdv dh g h e s
D m df dk J dm g c MD E R FGMF J DM EN % EN
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

  Fkmjkr`gfdöm Equdpk he 

 G `gyk he ?2?2, ec :2% h e cks hkfemtes he  trgognk 
cg Dmstdtufdöm fkmkferçm
fkmkferçm y temhrçm em fcgrk 
ec emjkque `etkhkcöadfk Dmstdtufdkmgc. Rresemtgfdöm pcgm he trgognk.

 G Mk vde`ore he ? 2?7, cg dmstdtufdöm temhrç  Estu

Estuhdhdkk y he hejd
jdmd
mdfd
fdöm
öm hehecc EmEmjk
jkqu
que 
e 
hejd
hejdmd
mdhk
hk y kperkpergtd
gtdvdzgh
v dzghkk ec emjk que  @etkhkcöadfk Dmstdtufdkmgc 
emjkque 
H `etkhkcööadfk
adfk gfkrhe g cgs mefesdhghes,
s dmteräs y pktemfdgcdhghes hec fkmtextk   Ghkpfdöm hec emjkque pehgaöadfk 
 
E Dmstdtufdkmgc 
k R  G mkvde`ore he ?2??, cg Dmstdtufdöm 
eh
ehuf
ufgt
gtdv
dvgg fk fkmt
mtgr
grçç fk fkmm ec em
emjk
jkque  Hdvucag
que  Hdvucagfdö
fdömm e D`pce`
D`pce`emtg
emtgfdö
fdömm Emj
Emjkque 
kque 
`etkhkcöadfk.
@ `etk
`etkhk
hkcö
cöad
adfk
fk he hejd
jdmd
mdhk
hk y se serç
rç he 
fkmkfd`demtk hec <2% he cks `de`orks he 
k f cg fk`umdhgh ehufgtdvg. Veaud`demtk Vdste`çtdfk g cg gpcdfgfdöm hec 
emjkque `etkhkcöadfk dmstdtufdkmgc 
ö F
f f  G mkvde`ore he ?2?6, ec <2% he cks 
hkfemtes lgorç ghkptghk em sus prçftdfgs  Veaud`demtk y Evgcugfdöm 
g pehgaöadfgs y he gucg, pkcàtdfgs fcgrgs y 
fkleremtes
fklerem tes hejdmdhgs
hgs dmstdtufdkmgc`emte em   
dmstdtufdkmgc`emte
ec `grfk he su fk`pkmemte tecekcöadfk y su 
`kheck pehgaöadfk 

EAD@DEMXK T EZGCUGFDÖM
EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFKMGC ?2?2 -?2?
-?2?66

AE XDKM GFGHÄ@DFG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN > Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 

R cg z k E stg h k h e e ne f u f dö m Koservgfdkmes / suaeremfdgs he `

`enkrg`demtk
enkrg`demtk
Fk` pkmemte @ e tg s G f tdv dh g h e s
Dm df dk J dm g c MD E R F G MF J DM EN % EN
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

Fkmskcdhgfdöm Equdpk he Xrgognk VDEE 

Fkmskcdhgfdöm y seaud`demtk gc trgognk he 

cgs
cgs pr
pree fk
fk`d
`dsd
sdkm
kmes
es y fk fk`d
`dsd
sdkme
kmess he 
evgcugfdöm y prk`kfdöm he cks estuhdgmtes

_evdsdööm,
m, gnustes y ghkpfdöm
ghkpfdöm hec sdste`g 
dmstdtufdkmgc he evgcugfdöm he hese`pe÷k 
 Gc jdmgcdzgr ec `es he jeorerk hec ?2?2, cg  esfkcgr VDEE 
H Fk`umdhgh Ehufgtdvg temhrç fkmkfd`demtk 
s hec hkfu`em
hkfu`emtk tk sds
sdste`
te`gg dmstdt
dmstdtufd
ufdkmgc
kmgc he  Vkfdgcdzgfdöm fkm estuhdgmtes y pghres he 
evgcugfdöm he cks estuhdgmtes jg`dcdg hec VDEE fkm cks gnustes regcdzghks
R
 G `ehdghks he ?2?7, cks estuhdgmtes y  _e _egc
gcdz
dzgf
gfdö
dömm he pre pre fk fk`d
`dsd
sdkm
kmes
es he 
pghres he jg`dcdg fkmkferçm ec VDEE em  evgcugf
evgcugfdöm
döm y prk`kfdöömm he cks estuhdgmtes 
fghg umk he sus fk`pkmemtes em cg `dtgh he fghg perdkhk fkm ec jdm he 
f
heter`dmgr y krdemtgr gffdkmes que per`dtgm 
F  G hdfde`ore he ?2??, ec 722% he cks  gtemher heodhg`emte g cks estuhdgmtes fkm 
hkfemtes fkmkferçm y gpcdfgrçm g fgogcdhgh  ognk hese`pe÷k gfghä`dfk 
f ec VDEE em ec hesgrrkcck he sus prkfesks 
g pehgaöadfks he gucg  Estgocefd`demtk hec frkmkarg`g hec pcgm he 
E gpkyk pgrg estuhdgmtes fkm hdjdfuctghes he 
 G ?2?6 cg dmstdtufdöm l gorç fkmskcdhghk su  hese`pe÷k gfghä`dfk 
u pkcàtdfg he evgcugfdöm g trgväs hec prkfesk 
ö he retrk
retrkgcd
gcd`
`emtgf
emtgfdö
dömm hec sds
sdste`
te`g 
g  Veaud`demtk Vdste`çtdfk g cg gpcdfgfdöm hec 
Dmstdt
Dmstdtufdkmgc
ufdkmgc he evgcugfdöm y prk`kfdöömm he  VDEE 
cks estuhdgmtes 

EAD@DEMXK T EZGCUGFDÖM
EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFKMGC ?2?2 -?2?
-?2?66

AE XDKM GFGHÄ@DFG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN> Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm 
 

Dmstdtufdöm Ehufgtdvg Gdpefdtk

Cdfemfdg he Jumfdkmg`demtk _eskcufdöm 2?<: he ?5 he Vepe`ore he ?221.
_eadstrk HGME ?87227222177 MDX <76277567 - : 
R_D@E_G VE@GMG HE HEVG__KCCK DMVXDXUFDKMGC 7? GC 75 HE EME_K HE ?2?7

R cg z k E s tg h k h e e ne f u f dö m
F k ` p k m e m te @etgs G f tdv dh g h e s Koservgfdkmes / suaeremfdgs he `enkrg`demtk
`enkrg`demtk
Dm df dk J dm g c MD E R FGMF JDM EN % EN

 G Mkvde`ore he ?2?2, ec 62% he cks 

Fkmskcdhgfdöm equdpk he trgognk
hkfe
hkfemte
mtess he cg Dm Dmst
stdt
dtufd
ufdöömm lgo
lgorçrçm 
m 
dmfkrpkrghk em sus prçftdfgs he gucg ec 
 Gjdgmzg`demtk y ghkpfdöm he cg prçftdfg 
tr
trgo
gognk
gnk pkr pkr prkye
prkyeftftks
ks peh pehgaö
gaöad
adfk
fks 
s 
pehgaöadfg he gucg. Rkr prkyeftks 
sdaudemhk
sdaudemhk cgs krdemtgfdkmes
krdemtgfdkmes hec emjkque 
`et
`etkhkc
khkcöadfk
ö adfk Dmstdt
Dmstdtufd
ufdkmgc
kmgc em jkr` jkr`g g 
Veaud`demtk Vdste`çtdfk g cgs prçftdfgs 
fkleremte y pertdmemte 
pehgaöadfgs
pehgaöa dfgs he gucg gfkrhes gc emjkque 
`etkhkcöadfk dmstdtufdkmgc 
Em ?2?7, cg DmsDmstdt
tdtufd
ufdöm
öm fkm
fkmtgr
tgrçç fkm um 
85% he cgs prçftdfgs he gucg ec trgognk pkr 
Emf
Emfuemtuemtrk rk he sgo
sgoeres
eres he cg prç prçftd ftdfg 
fg 
prkyeftks pehgaöadfks 
  h kkff em
em ttee s y k ttrr gs
gs e xxpp eerr de mmff dg s  
E A sdamdjdfgtdvgs Dmtermgs y extermgs 
 G jdmgces he ?2??, ec 15% he cks hkfemtes 
k lgorçm gprkpdghk cgs prçftdfgs he gucg 
R ö  Ghqudsdfdöm y hdstrdoufdöm he refursks 
hejdmd
hejdmdhgs
hgs em ec emjkemjkque
que `etkhkc
`etkhkcööadfk 
adfk 
h pgrg ec prkfesk emse÷gmzg gpremhdzgne 
dmst
dmstdt
dtuf
ufdk
dkmgc
mgc em jk jkr`
r`gg fk
fkle
lereremte
mte y 
G pertdmemte 
 Gutkevgcugfdöm per döhdfg he cgs prç ftdfgs 
f g
he gu gucg cg pkpkrr pg
pgrt
rtee he hkhkfe femtmteses y 
 G jdmgces he ?2?6, ec 45% he cks hkfemtes 
estuhdgmte.
lgorçm gprkpdghk cgs prçftdfgs he gucg 
hejdmd
hejdmdhgs
hgs em ec emjkemjkque
que `etkhkc
`etkhkcööadfk 
adfk 
Emtreag he Dmjkr`e equdpk he trgognk 
dmst
dmstdt
dtuf
ufdk
dkmgc
mgc em jk jkr`
r`gg fk
fkle
lereremte
mte y 
pertdmemte 
 

EAD@DEMXK T EZGCUGFDÖM
EZGCUGFDÖM GC RCGM HE @ENK_G@DEMXK DM XDXUFKMGC ?2?2 - ?2?6

AE XDKM GFGHÄ@DFG
FKMZEMFDKME > MD > Mk Dmdfdghg E R > Em Esperg FGMF> Fgmfecghg JDM > Jdmgcdzghg EN> Em Enefufdöm %E N > Rkrfemtgne he Enefufdöm