SEDQC\XD@J@ PCHEIGØMDHJ @C XJEPDJMI (SPCXJ)

XDXPCOJ HI\RI\JPDQI
\CHDEPI XJEPI @IODEMI @C MS[OÊE

PCOJ

H\CJHDIE @C SEJ AJL\DHJ @C RJEPJGIE KCJEX

EIOL\C T OJP\ÏHSGJ;
Agir`jgds Ocgi <:6-332<

JXDMEJPS\J
Cvjgujhdøe `c priychtis

XCHHDIE
CHI <32-2:2

R\IACXI\/J;
Ldcevced`i Eûúcz

Odrjljg Xjeti @iodemi \

@, Eivdcolrc, <2<:

Ajlrdhj `c gis pjetjgiecs Kcjes

 

Hjpdtugi Ei. :

@cshrdphdøe `cg priychti

Gj Coprcsj Cg Sedvcrsi `cg Kcjes, X\G airougø ue priychti `c devcrsdøe pjrj gj destjgjhdøe `c uej aêlrdhj
`c pjetjgiecs Kcjes, hie cg pripøsdti `c dehursdiejr ce cg ocrhj`i hie ue eucvi pri`uhti y ceaihj`is ce gj
hieachhdøe, pri`uhhdøe, hiocrhdjgdzjhdøe, `dstrdluhdøe, hiocrhdjgdzjhdøe `c hioprj y vcetjs `c ti`js
 prce`js `c vcstdr, cspchdjgocetc ce ojtcrdjg `c kcjes

C e cg t c r r d ti r d i e j h d i e j g c De tc r e j h d i e j g l u s h j o s gj
ti ` i r c a c r c e t c j g j a j l rd h j h dø e ` c c s t c t d p i ` c pri ` u h
o c ki r o j e c j ` c t rj e s p i rt j r e u cs tr j s o c r h j e h ïj js , s i
t i, v dc e c j pr c s c e t j r u e j e u c v j i ac r tj qu c s c s u o j r ê
l rc
y ojrhjrê gj `dacrcehdj ce gj prcacrcehdj `c gis hiesuod`ircs, Seis `c eucstri vjgir jmrcmj`i cs tcecr
ue mrje dopjhtis ce gis vjrdis yj quc gc vjois j `dstrdludr j gj Liutdquc.

@cs`c fjhc tdcopi Ce gj \cpûlgdhj @iodedhjej cxdstc uej de`ustrdj agirchdcetc, yj quc cs uei `c gis
pri`uhtis
`c vcstdr `c ojyir hiesuoi ce cg oue`i.

Gjs cstj`ïstdhjs `cg Hiescki Ejhdiejg `c [iej Arjehj rcmdstrje quc jeujgocetc gj de`ustrdj pri`uhc
jgrc`c`ir
`c 82 odggiecs `c ued`j`cs, pjrj ue hiesuoi pcrhjpdtj `c 3 ued`j`cs jeujgcs.
Hjlc `cstjhjr quc ce cg priychti sc vje mcecrjr ce uej prdocrj ctjpj <2 copgcis, hie ue demrcsi prioc`di
`c \@$ :4,344 222 pcsis pir pcrsiejs. J cstis sc suoje gis copgcis de`drchtis i hioi gis vce`c`ircs
deairojgcs, quc mcecrjrêe demrcsis pjrj sjtdsajhcr sus echcsd`j`cs.

.
 
Cstc priychti cstjrê gihjgdzj`i Ce cg schtir `c Lcggj Qdstj, sjeti `iodemi Icstc, Eucstri tcgäaiei pjrj
ojyir deairojhdøe cs , Eucstri hirrci cgchtrøedhi cs ajlrdpjetjgiecskcjesBmojdg.hio 

Pdpigimïj `cg priychti

Hie gj hrcjhdøe `c aêlrdhj `c gis pjetjgiecs Kcjes, Xc lushj tcecr uej lucej rcetjldgd`j` chieøodhj ce hj`j
schtir, Rjrj iltcecr gis lcecadhdis chieøodhis oc`djetc gjs devcrsdiecs rcjgdzj`js. Cg prioitir `c
cstc
 priychti cs cg kivce. Cstc priychti sc cstjrê rcjgdzje`i ce cg schtir XCHSE@J\DI @C GJ CHIEIODJ,
@ie`c sc rcjgdzje ti`is prihcsis `c pri`uhhdøe y trjesairojhdøe `c ojtcrdjs prdojs. Devcrsdøe `cg

priychti Gj Devcrsdøe `c cstc priychti cstjrê jgrc`c`ir `c \@$ 8,222,222 odggiecs

Hjpïtugi Ei. <

 Eucstrj coprcsj tuvi uej mrje jpriljhdøe pir IEJRD, Tj quc auc rcmdstrj`j Hie cg eiolrc hiocrhdjg Cg
Sedvcrsi `cg Kcjes, Tj j`qudrdois eucstri rcmdstri `c hietrdluycetcs (\EH; :8:22248 ce gj `drchhdøe
mcecrjg `c dopucstis detcrei @MDD).

Cstjrcois gjlirje`i ti`i tdpis `c pjetjgiecs pjrj Edúis/js, Oukcrcs y Fiolrcs, hie cg ade `c quc cstäe
 ldce hieachhdiej`is j gj firj `c vcstdr, Pcecois uej octj j gjrmi pgjzi `c scr gj ockir coprcsj `c
Ajlrdhjhdiecs `c Kcjes
`dscúje`i gi quc `c gj \cpûlgdhj
ei puc`ce @iodedhj jgmûe
jyu`jr j rchie`uhdr pjrj gucmi hcetrjreis
jspchti ce cg
hiocrhdjg, pgje detcrejhdiejg,
pri`uhtdvi, irmjedzjtdvi i
adejehdcri.
J`coês, puc`c utdgdzjrsc hioi ljsc silrc gj quc sc gcvjetce priychtis `c hrchdodceti i `dvcrsdadhjhdøe `c
gj jhtdvd`j` prdehdpjg.

Hjpdtjg
jutirdzj`i; :22,222.22
Hjpdtjg pir sushrdldr;
32,222.22
Hjpdtjg sushrdti pir
hilrjr; :<,322.22

Hucetj @äldti Hrä`dti

 

8:2323  :22,222.22 

8:23:2 32,222.22 

8:23:3 :<,322.22 

Hjpïtugi Ei. 8, Devcstdmjhdøe `cg ocrhj`i;

  

¹= pjsis pjrj fjhcr tu devcstdmjhdøe `c ocrhj`i9

:. @cadedr gis ilkctdvis `c tu devcstdmjhdøe

Rjrj hiocezjr, cs echcsjrdi quc tc pgjetccs huêgcs sie gis ilkctdvis `c tu devcstdmjhdøe> cs `chdr, gjs

rjziecs i gj echcsd`j` pir gj hujg fjs `chd`d`i rcjgdzjr cstj devcstdmjhdøe.

<. @cadedr cg pûlgdhi ilkctdvi `c gj devcstdmjhdøe `c ocrhj`i.

 Ei sc puc`c rcjgdzjr edemuej devcstdmjhdøe sde quc cg pûlgdhi ilkctdvi cstä ldce `caded`i. Xï, ¡cs ilgdmjtirdi!

Rjrj jyu`jr ce cstj tjrcj, cs cscehdjg hrcjr tu luycr pcrsiej, cs `chdr, gj rcprcscetjhdøe `cg hgdcetc d`cjg y

qudäe
 priljlgcocetc hioprjrê tus pri`uhtis / scrvdhdis. Cstj hioprcesdøe oês `ctjggj`j jyu`jrê j
hiestrudr
 prcmuetjs oês jscrtdvjs y gis `jtis rchipdgj`is scrêe oês ûtdgcs.

8. @chd`dr cg oäti`i

Jfirj quc hieihcs cg ilkctdvi `c tu devcstdmjhdøe, cs cg oioceti `c `chd`dr quä oäti`i utdgdzjrês pjrj
rchigchtjr gis `jtis. ¹Cehucstjs ce gïecj9 ¹Ilscrvjhdøe9 ¹Cetrcvdstjs9 ¡Xie ouhfjs gjs jgtcrejtdvjs
`dspiedlgcs y quc tc pcrodtce iltcecr `jtis `c tus hgdcetcs i pisdlgcs hgdcetcs `c airoj `drchtj!
0. \chigchtjr gis `jtis

Gucmi `c tcecr ouy hgjri cg oäti`i j utdgdzjr y gj hjetd`j` `c pcrsiejs quc utdgdzjrês hioi oucstrj, cs
oioceti `c rchigchtjr gis `jtis y, pjrj cggi, echcsdtjs `dscújr tu destruoceti.

Rir ckcopgi, sd fjs scgchhdiej`i hioi oäti`i `c rchigchhdøe `c `jtis gj cetrcvdstj i gj cehucstj, cs
echcsjrdi quc `dscúcs ue hucstdiejrdi

3. Cstu`dj j gis hiopctd`ircs

@cetri `c gj devcstdmjhdøe `c ocrhj`i, cg cstu`di `c gis hiopctd`ircs cs uej pjrtc aue`jocetjg. @cspuäs `c
ti`i, sd tdcece äxdti y cstêe prcscetcs ce cg ocrhj`i, sdmedadhj quc gi fdhdcrie ldce. T ei fjy ej`j `c ojgi ce
`cshulrdr quä cs y sdcoprc trjtjr `c fjhcrgi ockir.
1. \chipdgj `jtis `c itrjs aucetcs .

Hruzjr `jtis cs dopirtjetc pjrj sjlcr sd tu ecmihdi sc cstê oivdce`i kueti hie cg ocrhj`i ce mcecrjg. Rir
gi tjeti, puc`cs jejgdzjr gj devcstdmjhdøe `c itrjs aucetcs (hieadjlgcs) y rchipdgjr itris `jtis pjrj
hiopgctjr tu devcstdmjhdøe.

=. Jejgdzjr gis `jtis y prcscetjr gis rcsugtj`is

Sej vcz rchjlj`j ti`j gj deairojhdøe y `jtis jhcrhj `c tu ocrhj`i, cs oioceti `c jejgdzjrgis. Cstc cs ue

 pjsi ouy dopirtjetc; `c ej`j sdrvc `dscújr ue mrje destruoceti y `c`dhjr tdcopi j rcuedr ti`j gj
deairojhdøe, sd gis `jtis ei scrêe jejgdzj`is `c airoj hirrchtj i, ce cg pcir `c gis hjsis, tcrodejrêe
cshie`d`is ce uej
hjrpctj. 

Gjs prcmuetjs Rjrj Jejgdzjr `c od prcacrcehdj sie gj : y gj 0

Cg prdocr pjsi fjhc rcacrcehdjs jg ilkctdhi `c devcstdmjhdøe, hie cg ade `c pgjetcjr gjs rjziecs pir gj hujgcs
qudcrcs rcjgdzjr cstc priychti pjrj quc tcemj ojyir cadhjz y cg hujtri pjsi cs gj rchigchhdøe `c `jtis,
utdgdzjrês jgmueis destruocetis pjrj rchipdgjr deairojhdiecs, y csti scrïj `c mrje dopirtjehdjs.
J`dhdiejg j csti cs dopirtjetc rcsjgtjr quc gis ojyircs rjemis `c pilgjhdøe ce c`j` pri`uhtdvj sc
sdtûje ce gjs sdmudcetcs c`j`cs;

<3 y 84 júis ? :2:.322 oukcrcs

82 y 80 júis ? 44.303

oukcrcs 83 y 84 júis ?

4:.4<= oukcrcs 02 y 00 júis ?

6:.664 oukcrcs 03 y 04 júis ?

6<.862 oukcrcs
cg 03% `c gj hdu`j` cs `c hgjsc Oc`dj y hirrcspie`c j ue jopgdi rjemi quc dehguyc gis cstrjtis 8, 0 y
3, sdce`i cg cstrjti 8, gj hgjsc oc`dj ljkj gj hujg jljrhj cg 82.1% `c gj hdu`j`, cg hujg cs pjrtc `cg
scmoceti ilkctdvi `c Oue`i Kcjes.

@c jhucr`i j csti ce cg rjemi `c c`j` `c <3 y 03 júis `c c`j` fjy 033.44: oukcrcs `ie`c :84.388

sRietc `ech dcjsgt.rjti sihdjg 8, pir gi tjeti, sc puc`c hiehgudr quc cg Ocrhj`i Ilkctdvi cs cg <% `cg

Ocrhj`i

Hjghugi `c oucstrjs

z< ∝ R ∝ Z e ? C<

Hie cstj Oucstrj hjtcmørdhj cehietrjois cg tjojúi `c gj pilgjhdøe cg hujg hirrcspie`c j 16

oukcrcs j cehucstjr.

Jeêgdsds `c gj cehucstj;

C`j` `c gjs cehucstj`js

 

Cstrjti

Gj pilgjhdøe j gj hujg sc `clc fjhcr äeajsds sie gjs oukcrcs `c cstrjti 8 yj quc cs cg schtir hie cg
 pirhcetjkc oês jgti.
Ihupjhdøe

Oês `cg 62% `c gis cehucstj`is sc cehucetrje ce c`j` pri`uhtdvj gjlirje`i hie ue cstrjti
sihdjg cetrc 8,0 y 3, gis hujgcs sie eucstri ocrhj`i ilkctdvi pjrj `csjrriggjr cg
pgje `c coprcsj.

Xu demrcsi sjgjrdjg ishdgj cetrc.

J pjrtdr `c cstj mrjadhj sc puc`c vdsujgdzjr quc cg 61. % `c gjs cehucstj`js tdcece demrcsis `c
:,< y 8 sjgjrdis oïedois, pir gi quc sie ue ocrhj`i jtrjhtdvi pjrj eucstri pri`uhti y puc`ce
`cstdejr uej pjrtc `c su sjgjrdi pjrj devcrtdr ce prce`js `c vcstdr hioi gjs iacrtj`js pir Oue`i
Kcjes.
Hjpïtugi Ei, 0. Cstu`di tähedhi `cg priychti;
  Cg SEDQC\XI @CG KCJEX, X.\.G :- Demcedcrïj `cg Rriychti
R\I@SHPI; Rjetjgiecs Kcjes
Huj`ri D
@ctjggc Hjetd`j` Sed`j` Qjgir uedtjrdi
Qjgir titjg
`c \@$ \@$
oc`d`j
Pcrrcri <,222 Ot< <22.22 <32,222
C`dadhjhdøe =22 Ot< :,=22.22 =22,222
Oêqudejs y cqudpis :3 Sed`j` :3,222.22 :32,222
Destjgjhdøe `c ojqudejrdjs y cqudpis :3 Sed`j` :32,222.22 :32,222
oceircs
Itris Cqudpis 6 Sed`j` 6,222.22 <6,222
Pitjg \@$
:,<=6,222

Cg SEDQC\XI @CG KCJEX, X.\.G <- Jeêgdsds `c Histis `c

Rri`uhhdøe R\I@SHPI; Rjetjgiecs Kcjes
Huj`ri <
@ctjggc Hjetd`j` Sed`j` Qjgir uedtjrdi
Qjgir titjg
`c oc`d`j \@$ \@$

:- Ojtcrdj Rrdoj
Pcgj 8 yjr`js :22.22 822.22
Fdgi 8 ued`j` <3.22 =3.22
[dppcr : ued`j` 82.22 82.22
Littie 8 ued`j` 3.22 :3.22
Xultitjg <32.22
<- Ojeis `c ilrj (sjstrc) : F/F <32.22 <32.22
8- Mjstis Mcecrjgcs
Cecrmïj :2 Nw :2.22 :22.22
Qdêtdhis : Jgoucrzi :22.22 :22.22
Itris mjstis < ued`j` <3.22 32.22
Xultitjg `c mjstis :=3.22
Pitjg Mcecrjg 1=3.22
Aucetc; Cgjlirjhdøe Rripdj @ctcrodejhdøe `cg prchdi `cg pri`uhti
RQH? Rrchdi `c vcetj jg hiesuod`ir
HR? Histi `c pri`uhhdøe
SP? utdgd`j` 82% ?1=3 x 82% ?<28.22

Aørougj pjrj `ctcrodejr cg prchdi `c vcetjs

RQH? HR+SP ? 1=3.22 +<28? 6=6.22

Cstc priychti cstjrê gihjgdzj`i Ce cg schtir `c Lcggj Qdstj, sjeti `iodemi Icstc, Eucstri tcgäaiei
 pjrj ojyir deairojhdøe cs 6<4-=2=-:::4, Eucstri hirrci cgchtrøedhi cs
ajlrdpjetjgiecskcjesBmojdg.hio 

Hjpïtugi Ei, 3. Jeêgdsds adejehdcri y chieøodhi `cg

priychti;

JEJGDXDX ADEJEHDC\I T CHIEIODHI

Cg SEDQC\XI @CG KCJEX, X\G
JEJGDXDX ADEJEHDC\I T CHIEIODHI
\@$ :- Devcrsdøe `cg priychti

@ctjggc Qjgir
Pcrrcei :<3,222
C`dadhjhdøe 132,222
Ojqudejrdjs y Cqudpis :23,222
Qcfïhugi `c trjespirtc :43,222
Rgjetj cgähtrdhj :12,222
Cqudpis oceircs `c gj ajlrdhjs Oildgdjrdis `c iadhdej 12,222
Destjgjhdøe `c cqudpi `c deairoêtdhj 82,222
Hjpdtjg oïedoi cachtdvi `c trjljki :3,222
:22,222

Itris cqudpis :3,222

Pitjg :,033,222

<- Juoceti `c Hjpdtjg

Jei Hjpdtjg dedhdjg Rirhcetjkc `c Qjgir Pitjg

juoceti juocetj`i
: :22,222 :2% -2- :22,222
< :22,222 :2% :2,222 ::2,222
8 ::3,222 :2% ::,322 :<1,322
0 :<3,222 :2% :<,322 :8=,322
3 :8<,:22 :2% :8,<:2 :03,8:2

8- Adejehdjodceti `cg priychti

@cshrdphdøe % `c adejehdjodceti Pitjg

:- Rrioitircs 32% =<=,322
<- Ljehi J 32% =<=,322
Pitjg :22% :,033,222
@cg :22% `c gj devcrsdøe `cg priychti quc jshdce`c j suoj `c (:,033,222), cg 32% (=<=,322)
` c o ds o i , s cr ê a d e j e h d j ` i c e c g L j e hi J, j uej tjsj `c detcräs
hu j tri jú i s y h i e u e j ú i ` c m r j h dj s .
`c :<%, `urjetc `c pcrdi`i
0- Rriychhdøe `c demrcsi
 Júis Rri`uhhdøe Rrchdi Juoceti % Demrcsi titjg
jeujg uedtjrdi `c gj pri`uhhdøepriychtj`i

: :,222 <62 <62,222

< :,::2 <62 :2% 8:2,622
8 :,<64 <62 :2% 812,4<2
0 :,8<2 <62 :2% 814,122
3 :,800 <62 :2% 8=1,8<2

3- Csg tSj`EiD Q`cC m\jXeIje @hdCjG y KpCäJr`Ed`Xj, Xp\

riGychtj`i
\@$

@cshrdphdøe Júis priychtj`is

:<80 3 Pitjg
Demrcsis
Qcetjs <62,222 8:2,622 812,4<2 814,1228=1,8<2 :,14=,102
Itris demrcsis Xultitjg `c demrcsis Oceis
2 2 2 2 22
Histis `c pri`uhhdøe 02% <62,222 8:2,622
812,4<2 814,122 8=1,8<2 :,14=,102
|||||||||||||||||||||||||||||||||||Oceis
Mjstis j`odedstrjtdvis :3% ::<,222 :<0,8<2 :00,816 :0=,602 :32,3<6 1=4,231
@cprchjhdøe `c jhtdvis Mjstis adejehdcris :% Xultitjg
Stdgd`j` Lrutj 82,222 82,222 82,222 82,222 82,222 :32,222
Oceis :322 :322 :322 :322 :322 =322
Dopucstis silrc gj rcetj <=%» <,222 <,222 <,222 <,222 <,222 :2,222
Stdgd`j` ectj :<8,322 :<8,322:<8,322 :<8,322 :<8,322 1:=,322
:31,322 :6=,822<8=,0<2 <01,:22<3<,6<2 :,262,:02

0<,<33 32,3=: 10,:28 11,00= 16,<1: <4:,18=

::0,<03 :81,=<4 :=8,8:= :=4,138 :60,334 =66,328
Hjpdtjg `c trjljki
 OI@  XJGJ\DI  OCXCX  PIPJG JÚI : 
JÚI 
IRC\J\DI OJZSDEJ HIGGJ\DE $ :.:2=.0=< :2 $ ::.2=0.=:4

IRC\J\DI OJZSDEJ R\CXDGGJ@I\J $ :.:2=.0=< :2 $ ::.2=0.=:4

IRC\J\DI OJZSDEJ ADGCPCJ@I\J $ :.:2=.0=< :2 $ ::.2=0.=:4

IRC\J\DI OJZSDEJ @IX JMSKJX $ :.:2=.0=< :2 $ ::.2=0.=:4

IRC\J\DI OJZSDEJ RGJEJ $ :.:2=.0=< :2 $ ::.2=0.=:4

IRC\J\DI OJZSDEJ RGJEJ $ :.:2=.0=< :2 $ ::.2=0.=:4

KCAC @C HIOR\JX $ :.88<.620 :2 $ :8.8<6.200

PIPJG OCX $ =.4==.181PIPJG JÚI $ =4.==1.833

XDXPCOJ @C ADEJEHDJODCEPI

•   Hgdcetcs pir prdocrj vcz sc rcjgdzjrê pjmis `c 32% jetdhdpi pjrj pc`d`i y 32% Hietrj Cetrcmj.
•   Hgdcetcs hie pc`d`is ocesujgcs, scojejgcs hietjetcocetc, sc rcjgdzjrêe gis pjmis hie hrä`dti j 82
`ïjs achfj ajhturj.

Rriychhdøe `c vcetjs

Gjs vcetjs dedhdje ce cg júi : `cg <2<2. Ce cg prdocr júi sc cspcrj vce`cr <62,222 `c pcsis.
Xc hieaïj tcecr gj ojyir vcetj ce cg júi 3 `cg <2<3`c gj priychhdøe, pir vjgir `c 8=1, 8<2

Ce cg scmue`i júi sc prcsupucstj dehrcocetje gjs vcetjs ce ue 32,1=% tcedce`i vcetjs prioc`di
ocesujgcs `c 8:2,622. Rjrj cg tcrhcr júi sc cspcrj tcecr vcetjs pir 812,4<2. Hirrcspie`dcetc j ue
hrchdodceti `cg 3,4<% hie rcspchti jg júi jetcrdir

HIXPIX @C R\I@SHHDIE RI\ SED@J@

Histi
Histis
`c Ojtcrdj Sed`j`cs Histis Jeujg Ojei `c uedtjrdi `c
Rrdoj Rri`uhd` js`c Ojtcrdj Ilrj pri`uhhdie uedtjrdi

Rrdoj `drchtj
 Kcjes $ :0.022 <.0=1 $ 83.130.022 $
Fiolrcs $ 82.<:: 
4<.633.0<
Kcjes $ :3.=32 8.=:0 $ 36.043.322 8
Oukcrcs
Pitjg 1.:42 $ 40.:04.422

Cg ljgjehc mcecrjg priychtj`i sc jejgdzj lêsdhjocetc hie `is de`dhj`ircs, cg prdocri `c cggis cs gj
rjzøe `c gdqud`cz. Cstc de`dhj`ir cs uej lucej oc`d`j `c gj hjpjhd`j` `c pjmi `c gj coprcsj ce cg
hirti pgjzi. Cetrc "oês gïqud`i" scj cg jhtdvi hirrdcetc oês sdmedadhjtdvi cs su rcsugtj`i. Rjrj su
 jeêgdsds `clc tcecrsc ce hucetj gj hjgd`j` y cg hjrêhtcr `c gis jhtdvis hirrdcetcs, ce tärodeis `c su
ajhdgd`j` `c hievcrsdøe ce `decri y gjs achfjs `c vcehdodceti `c gjs ilgdmjhdiecs ce cg
pjsdvi hirrdcetc.

Hjpdtugi Ei. 1 cvjgujhdøe chieøodhj;

1. Cvjgujhdøe Chieøodhj (De`dhj`ircs/vjrdjlgcs)

:- Pjsj Detcrej `c \ctirei (PD\)

  

PD\?   ? =66,328 /:,14=,102? 2.0100=*:22?01.00= Pjsj Detcrej `c 

\ctirei 

<- Pdcopi `c \chupcrjhdøe `c gj Devcrsdøe (P\D)

P\D?
?:,14=,102 /= 
66,328 ? <.:3<44::*:22?61.::410 Pdcopi `c 
\chupcrjhdøe `c gj Devcrsdøe 8-  \cgjhdøe Lcecadhdi/ Histis  
(L/H)

\LH? ? 

1=4,231 /=66,328? 61.::410 \cgjhdøe Lcecadhdis  

 Gj hrcjhdøe `c Oue`i Kcjes adejehdcrjocetc eis oucstrj quc cs ue ecmihdi rcetjlgc yj quc gj
devcrsdøe sc rchupcrj ce cg júi <.
Xc `clc rcjgdzjr vcetjs jeujgcs pir 812,4<2 $ pjrj ojetcecr eucstri pueti `c cqudgdlrdi.

Pcecois ue PD\ `c 61.::410 % gi hujg sdmedadhj quc sc iltdcec uej mjejehdj. Hie cstc priychti
sc iltce`rê uej mjejehdj i QJE `c $ 61.::410
Cg ojrmce `c hietrdluhdøe `c gj Ajlrdhj `c gis pjetjgiecs cs 61.::410 % gi hujg sdmedadhj quc; pir hj`j
 pcsi quc vce`j gj coprcsj sc iltdcece 61 hcetjvis pjrj hulrdr gis histis y mjstis adkis `c gj coprcsj
y mcecrjr utdgd`j`. Cg pri`uhti hie ojyir ojrmce `c hietrdluhdøe cs kcjes `c fiolrc hie 02,40%,
odcetrjs cg kcjes oukcr tdcec ue ojrmce `c hietrdluhdøe `cg <8,01%.

 
Ojrmce `c hietrdluhdøe

MJXPIXPIPJG
R\CHDIOJPC\DJ
O.I. @C HIXPIX OJ\MCE @C HIEP\DLSHDIE J
R\DOJQJ\DJLGC QCEPJ QJ\DJLG HIEP\DLSHDIE QCEPJX
R\I@SHPIX @C QCEPJ PIPJG
CX

KCJEX Fiolrcs =2.222  :3.=32  4.222  8.322  <6.<32  0:.=32  34,10%  84,88%  <8,01% 
KCJEX Oukcr 63.222  :0.022  4.222  0.<32  <=.132  3=.832  1=,0=%  12,1=%  02,40% 

 J I <  :22,22%  10,84%