SlideShare a Scribd company logo
1 of 164
Download to read offline
%HONL FKïRG]ÈFH )OH[LFRRO
GDQH WHFKQLF]QH
)OÄNW %RYHQW 6S ] RR
1RZH QDU]ÚG]LH GRERUX
GOD EHOHN FKïRG]ÈFFK
L QDZLHZQLNöZ
([6HO$LU ]DZLHUD
ľ WUöMZPLDURZH SUH]HQWDFMH ZV]VWNLFK SURGXNWöZ
ľ WUöMZPLDURZH SUH]HQWDFMH PRGHOX SU]HSïZX
Z ZEUDQFK SRPLHV]F]HQLDFK
ľ QDU]ÚG]LD GR REOLF]Hñ L ZPLDURZDQLD
ľ LQVWUXNFMH REVïXJL L LQVWDODFML
([6HO$LU WR QRZH LQWHUQHWRZH QDU]ÚG]LH )OÄNW :RRGV
GRbGRERUX XU]ÈG]Hñ XPRĝOLZLDMÈFH REOLF]HQLD LbGRNXPHQWDFMÚ
=DSHZQLD ZL]XDOQÈ SUH]HQWDFMÚ ZV]VWNLFK SURGXNWöZ IXQNFML
L FHFK FR EDUG]R XïDWZLD XĝWNRZDQLH
ZZZĠDNWZRRGVFRPH[VHODLU
%HONL FKïRG]ÈFH )OH[LFRRO
GDQH WHFKQLF]QH
'DQH DNWXDOL]RZDQH ZJ VWDQX QD VWF]Hñ 
)OÄNW :RRGV ]DVWU]HJD PRĝOLZRĂÊ ZSURZDG]DQLD ]PLDQ EH] XSU]HG]HQLD
6SLV WUHĂFL
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH  
3RGVWDZRZH IXQNFMH  
)XQNFMD UHJXODFML NRPIRUWX
)XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX  
)XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
)XQNFMD RJU]HZDQLD  
)XQNFMD RĂZLHWOHQLD  
)XQNFMD LQVWDODFML WUVNDF]RZHM  
0RGXï GHGNRZDQH GR EHOHN FKïRG]ÈFFK  
RPEL RROHU  
7ZLQ :KHHO  
:EUDQH UHDOL]DFMH  
%HONL GR VXğWöZ SRGZLHV]DQFK  
,4$  
,4,'  
,46$  
%HONL ZROQRZLV]ÈFH  
,4)  
,4)'  
,4)(  
,47$  
%HONL SDVZQH  
436%'
$  
%HONL ]H ]PLHQQP SU]HSïZHP  
%HOND FKïRG]ÈFD L4 6WDU $675$  
%HOND FKïRG]ÈFD L4 6WDU 67(//$  
:SRVDĝHQLH VWHUXMÈFH  
:SRVDĝHQLH VWHUXMÈFH )OÄNW :RRGV
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
):*BKLOOHG%HDPVB3URMHFWGHVLJQJXLGH7HFKQLFDOGDWDBB*%B
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
,4,' ,4)'
436$ 43%$
,46$
43'$ ,47$
,4)(
,4$
5RG]DM EHONL
KïRG]HQLH ] ZNRU]VWDQLHP GRSURZDG]DQHJR SRZLHWU]D ļ
EHONL QDZLHZDMÈFH SRZLHWU]H
KïRG]HQLH EH] GRSURZDG]DQHJR SRZLHWU]D ļ
SDVZQH EHONL FKïRG]ÈFH
)XQNFMD L XVWXRZDQLH ,4,' ,4)',4)( ,46$ ,47$ ,4$ 436$ 43%$ 43'$
=DNUWD SRZLHU]FKQLD JöUQD ļ SRZLHWU]H
] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG GRïX
O O O O O ļ ļ ļ
2GNUWD SRZLHU]FKQLD JöUQD ļ SRZLHWU]H
] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG JöU
ļ ļ ļ ļ ļ O O O
:EXGRZDQH Z VXğW SRGZLHV]DQ O O ļ O O
O
6ZRERGQLH ]DZLHV]RQH ļ O ļ O  O O O
2EZöG JU]HZF] MDNR RSFMD O O O O  ļ ļ ļ
)XQNFMD RĂZLHWOHQLD MDNR RSFMD O O ļ ļ  ļ O
0DNVPDOQD GïXJRĂÊ Z P        
:LGRF]QD V]HURNRĂÊ Z PP        
DïNRZLWD V]HURNRĂÊ Z PP        
5RG]LQD EHOHN )OH[LFRRO
%HONL FKïRG]ÈFH
%HONL V]HUHJX ,4 Vć EHONDPL FKãRG]ćFPL ] ]DNUWć
SRZLHU]FKQLć JyUQć FR SR]ZDOD QD REQLŧHQLH SR]LRPX
KDãDVX RUD] SU]HVãXFKX 3RVLDGDMć RQH IXQNFMĕ UHJXODFML
VWRSQLD NRPIRUWX UHJXORZDQH GãXJRŋFL RWZRUyZ GOD
SRZLHWU]D QDZLHZDQHJR
NWyUD XPRŧOLZLD GRVWUDMDQLH
ZGDMQRŋFL RUD] ]DVLĕJX QDZLHZX D SRQDGWR ]DSHZQLD
X]VNDQLH ZVRNLHJR NRPIRUWX SRZLHWU]D Z SRPLHV]
F]HQLX
3RZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH SU]H]
RWZLHUDQć GROQć F]ĕŋþ REXGRZ FR XPRŧOLZLD ãDWZ
GRVWĕS SRGF]DV F]QQRŋFL LQVSHNFMQFK L NRQVHUZDFM
QFK
%HONL V]HUHJX 43 Vć EHONDPL SDVZQPL IXQNFMRQX
MćFPL QD ]DVDG]LH NRQZHNFML EH] QDZLHZX ŋZLHŧHJR
SRZLHWU]D
2NUHŋODQLH ZPLDUyZ EHOHN FKãRG]ćFFK QDMãDWZLHM MHVW
SU]HSURZDG]Dþ Z RSDUFLX R RSUDFRZDQ SU]H] ÀUPĕ
)OlNW :RRGV SURJUDP GRERUX SURGXNWX  ([6HO$LU
%HONL FKïRG]ÈFH ļ RIHURZDQ DVRUWPHQW
'REyU VSRVREX SUDF GRVWĕSQFK IXQNFML L PLHMVFD LQVWDORZDQLD
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
,4$ 436%'
$
,4,'
,46$
,4)'
,4)(
,47$
)XQNFMH EHOHN FKïRG]ÈFFK ļ V]ENL GREöU
)XQNFMH EHOHN FKïRG]ÈFFK
6VWHP Z NWyUP SUDFXMć EHONL FKãRG]ćFH IXQNFMRQXMH
QD ]DVDG]LH GVWUEXFML FKãRG]HQLD SU] ZNRU]VWD
QLX ]LPQHM ZRG RUD] Z]QDF]HQLD ZPLDUyZ NDQDãX
QDZLHZDQHJR SRZLHWU]D SRG NćWHP VSHãQLHQLD ZPDJDĸ
GOD X]VNDQLD GREUHM MDNRŋFL SRZLHWU]D
%HONL ]ZDQH DNWZQPL G]LDãDMć QD ]DVDG]LH LQGXNFML
'RSURZDG]DQH SRZLHWU]H QDZLHZDQH ] LQVWDODFML ZHQ
WODFMQHM SRFLćJD ]D VREć SRZLHWU]H ] SRPLHV]F]HQLD
NWyUH MHVW ]DVVDQH SRSU]H] ZĕŧRZQLFĕ EHONL
DãNRZLWH QDWĕŧHQLH SU]HSãZX EĕGćFH VXPć QDWĕ
ŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR RUD] QDWĕŧHQLD
SU]HSãZX SRZLHWU]D FUNXOXMćFHJR SU]HSãZD SU]H]
V]F]HOLQĕ ZMŋFLRZć EHONL 1DWĕŧHQLH SU]HSãZX
SRZLHWU]D LQGXNRZDQHJR ] SRPLHV]F]HQLD MHVW  UD]
ZLĕNV]H RG QDWĕŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR
3DVZQH EHONL FKãRG]ćFH SUDFXMć QD ]DVDG]LH ]MDZLVND
RGZURWQHJR FLćJX NRPLQRZHJR FR R]QDF]D ŧH FKãRGQLHM
V]H SRZLHWU]H ZHZQćWU] EHONL PD ZŧV]ć JĕVWRŋþ DQLŧHOL
SRZLHWU]H RWDF]DMćFH 5yŧQLFD JĕVWRŋFL SRZLHWU]D Z SRãć
F]HQLX ] ZVRNRŋFLć EHONL ZPXV]D SU]HSãZ SRZLHWU]D
FUNXOXMćFHJR SU]H] ZĕŧRZQLFĕ EHONL
)LUPD )OlNW :RRGV RIHUXMH SHãQ DVRUWPHQW EHOHN
FKãRG]ćFFK GR VVWHPyZ NOLPDW]DFMQFK PRJćFFK
VSHãQLþ ZLĕNV]Rŋþ VSRWNDQFK ZPDJDĸ ] NWyUFK GR
QDMZDŧQLHMV]FK QDOHŧ ]DOLF]þ IXQNFMĕ X]VNDQLD RSW
PDOQHJR NRPIRUWX Z SRPLHV]F]HQLX
%HONL QDZLHZDMÈFH SRZLHWU]H DNWZQH
%HONL ,4,' ,4)' ,4)( ,47$ ,46$ L ,4$ Vć HIHNWHP ZGURŧHQLD QRZHM NRQFHSFML FKDUDNWH
U]XMćFHM VLĕ ZLHORPD ]DOHWDPL 0DMć RQH ]DNUWć SRZLHU]FKQLĕ JyUQć FR SR]ZDOD QD REQLŧHQLH
SR]LRPX KDãDVX L SU]HVãXFKX RUD] Vć ZSRVDŧRQH Z IXQNFMĕ UHJXODFML NRPIRUWX UHJXORZDQH
GãXJRŋFL RWZRUyZ GOD SRZLHWU]D QDZLHZDQHJR
FR XãDWZLD GRVWUDMDQLH ZGDMQRŋFL RUD] ]DVLĕJX
QDZLHZX 3RZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH SU]H] RWZLHUDQć GROQć F]ĕŋþ REXGRZ
FR XPRŧOLZLD ãDWZ GRVWĕS SRGF]DV F]QQRŋFL LQVSHNFMQFK L NRQVHUZDFMQFK
%HONL ,4,' Vć SU]HZLG]LDQH GR PRQWDŧX Z SãDV]F]ťQLH VXÀWX SRGZLHV]DQHJR
,FK V]HURNRŋþ MHVW GRSDVRZDQD GR  PP SDQHOL VXÀWX SRGZLHV]DQHJR %HONL FKãRG]ćFH ,4,' Vć
RIHURZDQH MDNR PRGHO SRGVWDZRZ DOH PRJć Eþ RQH GRGDWNRZR ZSRVDŧRQH Z V]HUHJ IXQNFML
SU]HNV]WDãFDMćFFK MH Z ZLHORIXQNFMQH EHONL FKãRG]ćFH : SU]SDGNX EHOHN ,4,' GRVWĕSQH
Vć QDVWĕSXMćFH IXQNFMH JU]DQLH UHJXODFMD NRPIRUWX ODPHOOH IXQNFML VWHURZDQLD NLHUXQNLHP
QDZLHZX )3
IXQNFMD ]ZLĕNV]RQHJR QDWĕŧHQLD SU]HSãZX SRZLHWU]D ZSRVDŧHQLH NRQWUROQR
VWHUXMćFH IXQNFMD RŋZLHWOHQLD RUD] GRVWRVRZDQLH GR LQVWDODFML WUVNDF]RZHM
%HONL ,4)' L ,4)( Vć SU]HZLG]LDQH GR LQVWDORZDQLD MDNR HOHPHQW VZRERGQLH SRGZLHV]DQH
FR SU]QRVL LVWRWQć NRU]ŋþ ² SRZLHWU]H ] EHONL MHVW NLHURZDQH XNRŋQLH Z JyUĕ Z NLHUXQNX VXÀWX
D WR SR]ZDOD X]VNDþ RSWPDOQH QDWĕŧHQLH SU]HSãZX SRZLHWU]D Z SRPLHV]F]HQLX %HONL FKãR
G]ćFH Vć RIHURZDQH WDNŧH Z ZHUVML ] RŋZLHWOHQLHP SRŋUHGQLP LOXE RŋZLHWOHQLHP EH]SRŋUHGQLP
%HOND ,47$ MHVW MHGQRGURJRZć EHONć DNWZQć SU]HZLG]LDQć GR LQVWDORZDQLD Z QDURŧQLNX
VXÀWX UNXOXMćFH SRZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG VSRGX QDWRPLDVW
SRZLHWU]H ZSãZDMćFH ] EHONL MHVW NLHURZDQH Z]GãXŧ VXÀWX GR SRPLHV]F]HQLD
%HOND ,46$ MHVW SU]HZLG]LDQD GR LQVWDORZDQLD Z SãDV]F]ťQLH VXÀWX SRGZLHV]DQHJR L PD
V]HURNRŋþ GZD UD] PQLHMV]ć Z SRUyZQDQLX ] EHONć ,4,'
%HOND ,4$ VWDQRZL ]LQWHJURZDQ VVWHP ZHQWODFMQRFKãRG]ćF .DVHWD PD ZPLDU
GRVWRVRZDQH GR  PP SDQHOL VXÀWX SRGZLHV]DQHJR 0RŧH Eþ SRQDGWR ZSRVDŧRQD Z XNãDG
XVSUDZQLDMćF ZNRU]VWXMćF HIHNW RDQG RDQGD 6DIHW RQWURO ² 6
JZDUDQWXMćF
SU]OHJDQLH VWUXPLHQLD SRZLHWU]D GR VXÀWX
.RQZHNFMQH EHONL FKïRG]ÈFH SDVZQH
3DVZQH EHONL FKãRG]ćFH EHONL NRQZHNFMQH
QLH SRVLDGDMć NDQDãX GRSURZDG]DMćFHJR SRZLHWU]H
SLHUZRWQH OHF] G]LDãDMć G]LĕNL JUDZLWDFMQHM QDWXUDOQHM FUNXODFML NRQZHNFMQHM NWyUD ZPXV]D
SU]HSãZ SRZLHWU]D FUNXOXMćFHJR Z Gyã SRSU]H] ZĕŧRZQLFĕ FKãRG]ćFć 1DWĕŧHQLH SU]HSãZX
SRZLHWU]D SU]H] EHONĕ FKãRG]ćFć MHVW RNUHŋORQH SU]H] UyŧQLFĕ WHPSHUDWXU D IDNWF]QLH ² SU]H]
UyŧQLFĕ JĕVWRŋFL SRZLHWU]D
ZHZQćWU] L QD ]HZQćWU] EHONL Z SRãćF]HQLX ] ZVRNRŋFLć EHONL
-HVW PRŧOLZH X]VNLZDQLH Z]JOĕGQLH GXŧFK HIHNWyZ FKãRG]HQLD DOH SRQLHZDŧ QLH PD
PRŧOLZRŋFL VWHURZDQLD QDZLHZDQP SRZLHWU]HP ]LPQP ZLĕF EHONL WH QLH SRZLQQ Eþ
XPLHV]F]DQH EH]SRŋUHGQLR QDG VWDQRZLVNDPL SUDF
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
1RPLQDOQD GïXJRĂÊ VWDQGDUGRZD
SU] GZXGURJRZP QDZLHZLH SRZLHWU]D
 P  P  P  P  P
 OV  OV  OV  OV  OV
,4,' VSDGHN FLĂQLHQLD  3D
ļ    
,4)'( VSDGHN FLĂQLHQLD  3D
ļ
,46$     ļ
,47$ MHGQRGURJRZ QDZLHZ SRZLHWU]D
ļ   OV
OV
OV
ļ
%HONL SDVZQH EH] QDZLHZX SRZLHWU]D
436$ 43'$     
43%$     
= REZRGHP JU]DQLD 3U]EOLĝRQD ZDUWRĂÊ 3FRLO
FLHSïD ZMĂFLRZHJR Z :
,4,' ,4)'( ,46$     ļ
,47$ MHGQRGURJRZ QDZLHZ SRZLHWU]D
ļ
LĂQLHQLH VWDWF]QH SR VWURQLH SRZLHWU]D
GURJRZ SU]HSïZ SRZLHWU]D
 3D  3D  3D  3D
 OV  OV  OV  OV
,4$    
,4$    
6]ENL GREöU URG]DMX EHONL
%HONL FKïRG]ÈFH ļ V]ENL GREöU URG]DMX EHONL
3U]EOLĝRQ HIHNW FKïRG]HQLD 3WRW
Z : SU] QDWÚĝHQLX SU]HSïZX ZRG TY
 OV L UöĝQLF WHPSHUDWXU
6W Ş VSDGNX FLĂQLHQLD  3D SR VWURQLH SRZLHWU]D L PDNVPDOQP SR]LRPLH FLĂQLHQLD DNXVWF]QHJR  G%$
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
=DOHFHQLD VVWHPRZH L SURMHNWRZH
8ZDJL RJöOQH
6VWHP ZHQWODFML RSDUWH QD EHONDFK FKãRG]ćFFK Vć VWRVRZDQH
Z SU]SDGNDFK JG ZVWĕSXMH GXŧH ]DSRWU]HERZDQLH QD FKãR
G]HQLH LOXE JG ZPDJDQD MHVW LQGZLGXDOQD UHJXODFMD WHP
SHUDWXU Z SRV]F]HJyOQFK SRPLHV]F]HQLDFK 1D SU]NãDG GOD
SRPLHV]F]Hĸ ELXURZFK R QRUPDOQHM ZVRNRŋFL PDNVPDOQ
HIHNW FKãRG]HQLD ZQRVL  :P SRZLHU]FKQL SRGãRJL
2JUDQLF]HQLH WR MHVW QDU]XFRQH SU]H] PDNVPDOQć GRSXV]F]DOQć
SUĕGNRŋþ SRZLHWU]D Z XŧWNRZDQFK SU]H] OXG]L SRPLHV]
F]HQLDFK D ]DWHP ZLĕNV]H ZVRNRŋFL SRPLHV]F]Hĸ VWZDU]DMć
PRŧOLZRŋþ GRVWDUF]DQLD ZLĕNV]HJR HIHNWX FKãRG]HQLD
: WUDNFLH ZV]HONLFK REOLF]Hĸ ]DSRWU]HERZDQLD QD FKãRG]H
QLH QDOHŧ XZ]JOĕGQLDþ ZãDŋFLZRŋFL GQDPLF]QH EXGQNX RUD]
MHJR ]GROQRŋþ DNXPXODFML 3URVWH GRGDQLH ZV]VWNLFK ÅHIHNWyZ
EUXWWRµ UD]HP GDMH ZDUWRŋþ NWyUD PRŧH SU]HNUDF]Dþ U]HF]ZLVWH
]DSRWU]HERZDQLH QD FKãRG]HQLH PQLHM ZLĕFHM R  
6WUXPLHĸ SRZLHWU]D QDZLHZDQHJR PD LVWRWQ ZSãZ QD MDNRŋþ
SRZLHWU]D Z SRPLHV]F]HQLX D SRQDGWR UHDOL]XMH W]Z FKãRG]HQLH
SRGVWDZRZH =DOHFD VLĕ DE WHPSHUDWXUD SRZLHWU]D QDZLHZDQHJR
EãD QLŧV]D PDNVPDOQLH R ƒ RG WHPSHUDWXU SRPLHV]F]HQLD
1LHNLHG ]DFKRG]L NRQLHF]QRŋþ VNRPSHQVRZDQLD WHPSHUDWXU
SRZLHWU]D QDZLHZDQHJR W]Q SRGZŧV]HQLD JR R NLOND VWRSQL
Z SU]SDGNX VSDGNX WHPSHUDWXU QD GZRU]H %HOND FKãRG]ćFD SR
NUMH UHV]Wĕ ]DSRWU]HERZDQLD QD FKãRG]HQLH 1DWĕŧHQLH SU]HSãZX
ZRG ]PLHQLD VLĕ Z ]DOHŧQRŋFL RG ]DSRWU]HERZDQLD ]JRGQLH ]H
ZVND]DQLDPL F]XMQLND WHPSHUDWXU Z GDQP SRPLHV]F]HQLX
: SRUyZQDQLX ] VVWHPHP Z NWyUP MHGQP F]QQLNLHP
FKãRG]ćFP Z SRPLHV]F]HQLDFK MHVW SRZLHWU]H VVWHP RSDUW
QD EHONDFK FKãRG]ćFFK ZPDJD ]QDF]QLH PQLHM SRZLHU]FKQL
]DMPRZDQHM SU]H] XU]ćG]HQLD GR X]GDWQLDQLD SRZLHWU]D RUD]
NDQDã UR]SURZDG]DMćFH
3RZLHWU]H QDZLHZDQH  SRZLHWU]H ]QDMGXMÈFH
VLÚ Z SRPLHV]F]HQLX
%HONL QDZLHZDMÈFH SRZLHWU]H
%HONL QDZLHZDMćFH SRZLHWU]H ZSRVDŧRQH Z QDZLHZQLNL V]F]HOLQRZH
SR]ZDODMć QD X]VNDQLH PDNVPDOQHJR HIHNWX FKãRG]HQLD ] SRZLHWU]D
QDZLHZDQHJR SU] ]DFKRZDQLX SUĕGNRŋFL SRZLHWU]D ]DSHZQLDMćFHM
NRPIRUWRZH ZDUXQNL Z XŧWNRZDQFK SRPLHV]F]HQLDFK
:QLND WR ] IDNWX ŧH SRZLHWU]H QDZLHZDQH ]D SRPRFć
EHONL RVLćJD EDUG]R GXŧ VWRSLHĸ ZPLHV]DQLD ] SRZLHWU]HP
]QDMGXMćFP VLĕ Z SRPLHV]F]HQLX JGŧ SRZLHU]FKQLD VWNX
] SRZLHWU]HP Z SRPLHV]F]HQLX MHVW EDUG]R GXŧD : VNUDMQP
SU]SDGNX UR]SURZDG]DQH SRZLHWU]H SRNUZD ]QDF]Qć F]ĕŋþ
SRZLHU]FKQL VXÀWX
%HONL MHGQRVWURQQHJR G]LDãDQLD Vć PRQWRZDQH QD ŋFLDQDFK
QDWRPLDVW EHONL GZXGURJRZH Vć LQVWDORZDQH ZHZQćWU]
SRPLHV]F]HQLD
5VXQHN 
%HONL QDZLHZDMćFH SRZLHWU]H LQVWDORZDQH Z VXÀWDFK SRGZLH
V]DQFK ZNRU]VWXMć ]MDZLVNR RDQG GOD X]VNDQLD WDNLHJR
HIHNWX DE VWUXPLHĸ SRZLHWU]D SU]OHJDã GR VXÀWX QD SHZQP
RGFLQNX SU]HG VNLHURZDQLHP VLĕ Z Gyã
5VXQHN 
%HONL QDZLHZDMćFH SRZLHWU]H SU]NUWH RG JyU SU]H]QDF]RQH
GR ]DLQVWDORZDQLD MDNR VZRERGQLH SRGZLHV]RQH UyZQLHŧ
Z ]QDF]QP VWRSQLX ZNRU]VWXMć ]MDZLVNR RDQG 2JyOQLH
SU]MĕWD ]DVDGD VWDQRZL ŧH Z SU]SDGNX SR]LRPHJR QD
ZLHZDQLD SRZLHWU]D L SU] PDNVPDOQHM RGOHJãRŋFL  PP
SRPLĕG] GROQć NUDZĕG]Lć EHONL L VXÀWHP VWUXPLHĸ SRZLHWU]D
EĕG]LH NLHURZDQ Z JyUĕ NX VXÀWRZL L EĕG]LH SU]OHJDã GR MHJR
SRZLHU]FKQL
3UDZGRSRGRELHĸVWZR SU]OHJDQLD VWUXPLHQLD SRZLHWU]D ]RVWDMH
]ZLĕNV]RQH SU]H] QDZLHZ SRZLHWU]D VNLHURZDQ Z JyUĕ SRG
RNUHŋORQP NćWHP 2SUDFRZDQ SU]H] )OlNW :RRGV SURJUDP
GRERUX SURGXNWX SR]ZDOD RNUHŋOLþ U]HF]ZLVW ]DVLĕJ QDZLHZX
SU] UyŧQFK RGOHJãRŋFLDFK SRPLĕG] EHONć D VXÀWHP
5VXQHN 
-HGQRVWURQQD QDGPXFKRZD EHOND QDZLHZDMćFD SRZLHWU]H
QDGDMH VLĕ GR RNUHŋORQFK WSyZ SRPLHV]F]Hĸ WDNLFK MDN QS
SRNRMH KRWHORZH 1DMNRU]VWQLHMV]H UH]XOWDW Vć RVLćJDQH JG
]RVWDQLH RQD ]DLQVWDORZDQD Z QDURŧQLNX VXÀWX VćVLDGXMćFP ]
ãD]LHQNć  NRUWDU]HP L QDZLHZD SRZLHWU]H Z NLHUXQNX IDVDG
EXGQNX 7DNLH UR]ZLć]DQLH ]DSHZQLD SRQDGWR SURVW L ãDWZR
GDMćF VLĕ DGDSWRZDþ VSRVyE SRGãćF]DQLD ZRG L SRZLHWU]D
GRSURZDG]DQHJR
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
 P PHWU ELHĝÈF EHONL


 PPHWU ELHĝÈF EHONL
'RVWUDMDQLH ]DVLÚJX QDZLHZX Z SRPLHV]F]HQLX
'RVWUDMDQLH ]DVLÚJX QDZLHZX Z SRPLHV]F]HQLX
%HONL )OlNW :RRGV ] URG]LQ ,4 SRVLDGDMć RGG]LHOQLH UHJXORZDQH
GãXJRŋFL RWZRUyZ SR REX VWURQDFK 2]QDF]D WR ŧH QDWĕŧHQLD VWUX
PLHQLD SRZLHWU]D ZSãZDMćFHJR ] OHZHM L SUDZHM VWURQ PRJć
Eþ UHJXORZDQH GOD X]VNDQLD RSWPDOQHM SURSRUFML
1D SU]NãDG JG EHONL Vć XPLHV]F]RQH Z SREOLŧX ŋFLDQ WR VWUX
PLHĸ SRZLHWU]D Z NLHUXQNX ŋFLDQ PRŧH ]RVWDþ RJUDQLF]RQ GR
  D Z SR]RVWDãP NLHUXQNX VWDQRZLþ EHG]LH  
3RGF]DV SU]HEXGRZ LQVWDODFML F]ĕVWR PD PLHMVFH SU]HVWD
ZLDQLH ŋFLDQHN G]LDãRZFK L ZWHG ]D SRPRFć UHJXORZDQFK
GãXJRŋFL RWZRUyZ UR]SãZ VWUXPLHQLD SRZLHWU]D ZSãZDMćFHJR
] NDŧGHM EHONL PRŧH Eþ Z ãDWZ VSRVyE ]PLHQLDQ DE XQLNQćþ
SUREOHPyZ ]ZLć]DQFK ] SRZVWDZDQLHP SU]HFLćJyZ 1LH]DOHŧ
QLH RG WHJR VDP VWUXPLHĸ SRZLHWU]D PRŧH Eþ WDNŧH ]ZLĕNV]DQ
OXE ]PQLHMV]DQ Z ]DOHŧQRŋFL RG SRWU]HE 'ODWHJR EDUG]R U]DGNR
SRMDZLD VLĕ SUREOHP GRWF]ćF ]PLDQ XVWXRZDQLD EHOHN
0RŧOLZRŋþ UHJXODFML GãXJRŋFL V]F]HOLQ R]QDF]D ŧH EHOND
SRVLDGD ZEXGRZDQć IXQNFMĕ SU]HSXVWQLF 0RJć Eþ GRNRQZD
QH XPLDUNRZDQH ]PLDQ FLŋQLHQLD  QDWĕŧHQLD SU]HSãZX EH]
ZZLHUDQLD ]QDF]QHJR ZSãZX QD HIHNW FKãRG]HQLD
0LPR ŧH EHONL FKãRG]ćFH PDMć NUyWNL ]DVLĕJ WR Z SRPLHV]
F]HQLDFK R ]QDF]QP ]DSRWU]HERZDQLX QD FKãRG]HQLH RUD]
R GXŧFK QDWĕŧHQLDFK SU]HSãZX SRZLHWU]D PRŧH ZVWĕSRZDþ
QLHEH]SLHF]HĸVWZR SRZVWDZDQLD SU]HFLćJyZ $E WHJR XQLNQćþ
EHONL )OlNW :RRGV ] URG]LQ ,4 SRVLDGDMć WDN ]ZDQć IXQNFMĕ
)3 )ORZ 3DWHUQ RQWURO ² UHJXODFMD ]DVLĕJX QDZLHZX
-HVW
RQD UHDOL]RZDQD SRSU]H] ZEXGRZDQH ŧHEHUND Z ]HZQĕWU]QFK
V]F]HOLQDFK : ZQLNX SURVWFK RSHUDFML QD RGFLQNDFK  PP
PRJć RQH ]PLHQLDþ NLHUXQHN ZSãZDMćFHJR SRZLHWU]D SRSU]H]
VNRNRZH ]PLDQ NćWRZHJR XVWDZLHQLD ŧHEHUHN Dŧ GR ƒ
.RQVHNZHQFMć NćWRZHJR ZSãZX SRZLHWU]D ] EHONL MHVW
VNUyFHQLH ]DVLĕJX PLHU]RQHJR SURVWRSDGOH Z]JOĕGHP EHONL
6NUyFHQLH ]DVLĕJX R  PRŧH Eþ SU]MĕWH MDNR UHJXãD
VWRVRZDQD Z SUDNWFH 7DN ZLĕF EHOND ] IXQNFMć )3 PRŧH Eþ
XPLHV]F]DQD EOLŧHM ŋFLDQ RUD] EOLŧHM LQQFK EHOHN QLŧ EHONL QLH
SRVLDGDMćFH IXQNFML )3
5VXQHN 
=ZLÚNV]DQLH QDWÚĝHQLD SU]HSïZX QDZLHZDQHJR
SRZLHWU]D
$E ]ZLĕNV]þ PDNVPDOQH QDWĕŧHQLH SU]HSãZX SRZLHWU]D
EHOHN V]HUHJX ,4 PRJć Eþ RQH ZSRVDŧRQH Z SRGZyMQH U]ĕG
RWZRUyZ SR REX VWURQDFK : SRUyZQDQLX ] EHONDPL ,4 ] SRMH
GQF]PL U]ĕGDPL RWZRUyZ SRGZyMQH U]ĕG RWZRUyZ SRZR
GXMć ]ZLĕNV]HQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D RUD] HIHNWX
FKãRG]HQLD GOD GDQHJR VSDGNX FLŋQLHQLD 2SUDFRZDQ SU]H]
)OlNW :RRGV SURJUDP GRERUX ZUREX GDMH PRŧOLZRŋþ RNUHŋOHQLD
SDUDPHWUyZ EHOHN ] SRGZyMQPL U]ĕGDPL RWZRUyZ
%HONL SDVZQH
%HONL SDVZQH ]DVDGQLF]R NLHUXMć VWUXPLHĸ SRZLHWU]D Z SR
PLHV]F]HQLX Z Gyã : SU]SDGNX QLH]EW ZVRNLFK SRPLHV]
F]Hĸ QLH MHVW ]DWHP GR SU]MĕFLD DŧHE WDNLH EHONL XPLHV]F]Dþ
EH]SRŋUHGQLR QDG VWDQRZLVNLHP SUDF ]ZãDV]F]D MHŋOL MHVW WR
SUDFD VLHG]ćFD DE QLH QDUDŧDþ SUDFRZQLND QD SU]HFLćJL
: SRPLHV]F]HQLDFK ] EHONDPL SDVZQPL SRZLHWU]H MHVW
GRSURZDG]DQH SRSU]H] RGG]LHOQH XU]ćG]HQLD GR NRĸFRZHJR
X]GDWQLDQLD GRSURZDG]DQHJR SRZLHWU]D 7HJR WSX HOHPHQW
LQVWDODFML UHDOL]XMćFH ]DUyZQR IXQNFMH ZPLHV]DQLD MDN L ZSR
UX SRZLHWU]D Z SRãćF]HQLX ] EHONDPL SDVZQPL ]DSHZQLDMć
QDOHŧW NRPIRUW Z SRPLHV]F]HQLX
:UD] ] ZSLHUDQLHP X]GDWQLRQHJR SRZLHWU]D UyŧQLFD
WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP XOHJD ]PQLHMV]HQLX
FKRFLDŧ IXQNFMD ZSRUX ]RVWDQLH XWU]PDQD : SRPLHV]F]H
QLDFK Z NWyUFK QLH PD VXÀWX SRGZLHV]DQHJR ZDŧQH MHVW DE
VWUXPLHĸ SRZLHWU]D ] XU]ćG]Hĸ ]HZQĕWU]QFK UHDOL]XMćFFK
ZPLHV]DQLH GRSURZDG]DQHJR SRZLHWU]D ] SRZLHWU]HP
Z SRPLHV]F]HQLX QLH ]DNãyFDã GRSãZX SRZLHWU]D GR EHONL
FR REQLŧDãRE HIHNW FKãRG]HQLD X]VNLZDQ Z EHOFH
: SU]SDGNX EHOHN SDVZQFK ZEXGRZDQFK Z VXÀW
SRGZLHV]DQH )OlNW :RRGV ]DOHFD DE ]DFKRZDþ ZROQ REV]DU
QD NUDZĕG]L VXÀWX SRGZLHV]DQHJR ZQRV]ćF PLQLPXP  P
QD PHWU ELHŧćF EHONL RUD] ZROQć SU]HVWU]Hĸ SRPLĕG] VWURSHP
L JyUQć NUDZĕG]Lć EHONL ZQRV]ćF  PP Z SU]SDGNX
EHOHN V]HURNLFK SDWU] ² UV
RUD]  PP Z SU]SDGNX EHOHN
ZćVNLFK SDWU] ² UV
5VXQHN  6]HURNLH EHONL SDVZQH ]DLQVWDORZDQH QD VXğFLH
SRGZLHV]DQP
5VXQHN  :ÈVNLH EHONL SDVZQH ]DLQVWDORZDQH QD VXğFLH
SRGZLHV]DQP
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
W]Q Z SU]SDGNX  ZROQHM SRZLHU]FKQL VXILWX
SRGZLHV]DQHJR L EHONL R V]HURNRŋFL  PP RWU]PDP
FF  [  [ 

 PP
FF  [ V]HURNRŋþ
EHONL
[ 
ZROQD SRZLHU]FKQLD VXILWX
SRGZLHV]DQHJR
=DOHFHQLD VVWHPRZH L SURMHNWRZH
.DQDï GRSURZDG]DMÈFH SRZLHWU]H
= SUDNWNL ZQLND ŧH QDMF]ĕŋFLHM VWRVXMH VLĕ MHGQć SU]HSXVWQLFĕ
ZUyZQDZF]ć QD NDŧGć EHONĕ D ZLHONRŋFL QDWĕŧHQLD SU]HSãZX
Vć RNUHŋODQH SRSU]H] SRPLDU FLŋQLHQLD QD ZORFLH EHONL
5R]ZLć]DQLH WDNLH MHVW V]F]HJyOQLH NRU]VWQH JG ZPDJDQD
MHVW GXŧD HODVWF]QRŋþ SR]ZDOD RQR ERZLHP QD VZRERGQć
UHJXODFMĕ QDWĕŧHQLD SU]HSãZX Z ]DOHŧQRŋFL RG SRWU]HE
6SDGHN FLŋQLHQLD QD EHOFH ZQRVL ]D]ZF]DM  3D
2]QDF]D WR ŧH QDZHW  EHOHN ] UR]JDãĕ]LHQLDPL PRŧH Eþ
SRGãćF]RQFK GR MHGQHJR NDQDãX ] PDNVPDOQP RGFKOHQLHP
QDWĕŧHQLD SU]HSãZX ZQRV]ćFP “ SU] QRUPDOQP
SU]HSãZLH SRZLHWU]D ZHZQćWU] NDQDãX 3R]ZDOD WR QD
]DVWRVRZDQLH MHGQHJR XU]ćG]HQLD GR SRPLDUX RUD] UHJXODFML
SU]HSãZX QS SU]HSXVWQLF VRF]HZNRZHM
GOD NLONX EHOHN -HVW
WR RGSRZLHGQLH UR]ZLć]DQLH Z SU]SDGNX RNUHŋOHQLD QLVNLFK
ZPDJDĸ RGQRV]ćFFK VLĕ GR HODVWF]QRŋFL
6WRVXMćF EHONL )OlNW :RRGV ] ZEXGRZDQć IXQNFMć UHJXODFML
NRPIRUWX QLH PD SRWU]HE VWRVRZDQLD SU]HSXVWQLF GOD NDŧGHM
EHONL SRQLHZDŧ UHGXNFMD SU]HSãZX MHVW ZEXGRZDQD Z NRQ
VWUXNFMĕ EHONL
3R]ZDOD WR ]DUyZQR QD GXŧć HODVWF]QRŋþ MDN L QD PRŧOL
ZRŋþ ZERUX QDMWDĸV]HJR UR]ZLć]DQLD ] SRMHGQF]ć SU]HSXVWQL
Fć Z NDQDOH GOD NLONX EHOHN
(XURSHMVNLH VWDQGDUG GRWF]ÈFH WHVWRZDQLD
EHOHN FKïRG]ÈFFK
:VSyãSUDFD Z UDPDFK 8QLL (XURSHMVNLHM GRSURZDG]LãD GR
VWDQGDU]DFML PHWRG WHVWRZDQLD NWyUH PXV]ć Eþ VWRVRZDQH
SU]H] SURGXFHQWyZ Z NUDMDFK 8(
1RUPD (1  RGQRVL VLĕ GR EHOHN SDVZQFK QDWRPLDVW
QRUPD SU(1  RGQRVL VLĕ GR EHOHN QDZLHZDMćFFK SRZLHWU]H
EHOHN DNWZQFK
3RQLHZDŧ FLHSãR RGSURZDG]DQH GR SRPLHV]F]HQLD W]Q
QDGPLDU FLHSãD XVXZDQ Z EHOFH ZVNXWHN FKãRG]HQLD MHVW
UR]SURZDG]DQ UyZQRPLHUQLH QD ŋFLDQ L QD SRGãRJĕ ZDUXQNL
WHPSHUDWXURZH GOD SRZLHWU]D Z SRPLHV]F]HQLX SR]RVWDMć
EDUG]R VWDELOQH L X]VNLZDQH Vć WDNLH VDPH ZQLNL WHVWyZ
QLH]DOHŧQLH RG SU]HSURZDG]DMćFHJR MH ODERUDWRULXP 0HWRG
WHVWyZ ZND]XMć GOD SRZLHWU]D Z SRPLHV]F]HQLX QLH]QDF]Q
JUDGLHQW WHPSHUDWXU Z XNãDG]LH SLRQRZP
KïRG]HQLH
(IHNW FKãRG]HQLD SU] ]DVWRVRZDQLX EHONL FKãRG]ćFHM ]DOHŧ
RG UyŧQLF WHPSHUDWXU SRPLĕG] WHPSHUDWXUć SRPLHV]F]HQLD
L ŋUHGQLć WHPSHUDWXUć ZRG FKãRG]ćFHM Z ZĕŧRZQLF RUD] RG
QDWĕŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR
%DUG]R ZDŧQH MHVW DE QD ZĕŧRZQLF RUD] QD UXU]H GRSUR
ZDG]DMćFHM QLH GRFKRG]LãR GR VNUDSODQLD 3UDNWND SRND]XMH
ŧH WHPSHUDWXUD ZRG QD ZHMŋFLX SRZLQQD ZQRVLþ ƒ
2JU]HZDQLH
'R RJU]HZDQLD SRPLHV]F]HQLD ZNRU]VWXMH VLĕ JU]HMQLN OXE
REZyG JU]HZF] ]DPRQWRZDQ Z EHOFH 6WRVRZDQLH JU]HMQLND
]DSHZQL QDMPQLHMV]ć UyŧQLFĕ WHPSHUDWXU SRPLĕG] SRGãRJć
L VXÀWHP
:ĕŧRZQLFD ]DLQVWDORZDQD Z EHOFH PRŧH Eþ ZSRVDŧRQD
Z GRGDWNRZ REZyG UXURZ QD ZRGĕ JU]HZF]ć NWyU PRŧH
SUDFRZDþ ] GXŧć ZGDMQRŋFLć FLHSOQć SU] XWU]PDQLX
QRUPDOQHM WHPSHUDWXU GRVWDUF]DQHM ZRG
'RNãDGQLH WDN VDPR MDN Z SU]SDGNX GIX]RUD VXÀWRZHJR
ZPLDU EHOHN Vć RNUHŋODQH SRG NćWHP ]DSHZQLHQLD RGSRZLHG
QLHJR UXFKX SRZLHWU]D Z SRPLHV]F]HQLX SRGF]DV SUDF Z UHŧL
PLH FKãRG]HQLD : VWXDFML JG WHPSHUDWXUD GRSURZDG]DQHJR
SRZLHWU]D MHVW QDGPLHUQLH ZVRND MDN WR PD PLHMVFH Z UHŧLPLH
RJU]HZDQLD
WR ZHQWODFMD ÅSU]HORWRZDµ Z SRPLHV]F]HQLX
*UDGLHQW WHPSHUDWXU Z SRPLHV]F]HQLX
: U]HF]ZLVWFK LQVWDODFMDFK ťUyGãD FLHSãD R ZVRNLP QDWĕŧHQLX
SU]HSãZX NRQZHNFMQHJR EĕGć ZSãZDþ QD ]ZLĕNV]HQLH UyŧQL
F SRPLĕG] WHPSHUDWXUć SRZLHWU]D FUNXOXMćFHJR GRSãZDMć
FHJR GR ZĕŧRZQLF EHONL FKãRG]ćFHM RUD] WHPSHUDWXUć SRZLHWU]D
Z SRPLHV]F]HQLX PLHU]RQć QD ZVRNRŋFL  P SRQDG SRGãRJć
-DNR WHPSHUDWXUĕ SRPLHV]F]HQLD SU]MPXMH VLĕ WHPSHUDWXUĕ
SDQXMćFć QD ZVRNRŋFL  P QDG SRGãRJć : VWXDFMDFK JG
WHPSHUDWXUD SU] EHOFH MHVW ZŧV]D QLŧ QD SR]LRPLH  P WD
ZŧV]D WHPSHUDWXUD PXVL Eþ XZ]JOĕGQLDQD SU] REOLF]HQLDFK
UyŧQLF WHPSHUDWXU SRPLĕG] WHPSHUDWXUć SRZLHWU]D L ŋUHGQLć
WHPSHUDWXUć ZRG ¨W
:ŧV]D ZDUWRŋþ ¨W EĕG]LH SRZRGRZDãD
]ZLĕNV]HQLH HIHNWX FKãRG]HQLD HPLWRZDQHJR SU]H] ZĕŧRZQLFĕ
EHONL 7HPSHUDWXUD SU] EHOFH MHVW SU]MPRZDQD MDNR WHPSHUDWX
UD SU] VXÀFLH
6WRVRZDQD MHVW SUDNWF]QD ]DVDGD ŧH Z RGQLHVLHQLX GR
EHOHN QDZLHZDMćFFK SRZLHWU]H UyŧQLFD WHPSHUDWXU SRPLĕG]
SRZLHWU]HP SU] EHOFH L SRZLHWU]HP QD SR]LRPLH  P
SU]MPRZDQD MHVW MDNR ZLHONRŋþ U]ĕGX  ² ƒ: RGQLHVLHQLX
GR EHOHN SDVZQFK WD ZDUWRŋþ ZQRVL  ² ƒ
%HONL LQVWDORZDQH SRZĝHM SHUIRURZDQHJR
JïDGNLHJR
VXğWX SRGZLHV]DQHJR
: SHZQFK VWXDFMDFK SRMDZLD VLĕ ZPyJ DE EHONL FKãRG]ćFH
Eã XNUWH SRZŧHM SHUIRURZDQHJR VXÀWX SRGZLHV]DQHJR
3UyE SU]HSURZDG]DQH Z ZDUXQNDFK U]HF]ZLVWFK ZND
]Dã ŧH EHONL FKãRG]ćFH )OlNW :RRGV SU]HZLG]LDQH GOD PRQWDŧX
VZRERGQLH ]DZLHV]RQHJR EHONL ,4)' L ,4)(
SR]ZDODMć
X]VNDþ QDMOHSV]H ZQLNL ]DUyZQR SRG Z]JOĕGHP ZGDMQRŋFL
MDN L VWUXPLHQLD SRZLHWU]D Z SRPLHV]F]HQLX
$ŧHE X]VNDþ SHãQ HIHNW FKãRG]HQLD ] EHONL VXÀW
SRGZLHV]DQ PXVL PLHþ FR QDMPQLHM  ZROQHM SRZLHU]FKQL
D RGOHJãRŋþ SRPLĕG] VXÀWHP SRGZLHV]DQP L EHONć SRZLQQD
ZQRVLþ FR QDMPQLHM  PP 6WUXPLHĸ SRZLHWU]D ] EHONL
,4)' L ,4)( MHVW NLHURZDQ XNRŋQLH Z JyUĕ D WR SRZRGXMH ŧH
SRZLHWU]H PXVL PLHþ PQLHMV]ć SUĕGNRŋþ JG GRFLHUD GR VXÀWX
SRGZLHV]DQHJR 5H]XOWDWHP WDNLHM VWXDFML MHVW ãDJRGQ GRSãZ
SRZLHWU]D GR SRPLHV]F]HQLD EH] QLHEH]SLHF]HĸVWZD SRZVWDZD
QLD SU]HFLćJyZ
%HONL SDVZQH PXV]ć Eþ LQVWDORZDQH FR QDMPQLHM  PP
SRZŧHM VXÀWX SRGZLHV]DQHJR NWyU Z WP SU]SDGNX UyZ
QLHŧ PXVL PLHþ FR QDMPQLHM  ZROQHM SRZLHU]FKQL 6FKãRG]RQH
SRZLHWU]H ] EHONL EĕG]LH SU]HSãZDãR SU]H] WDNL SHUIRURZDQ
VXÀW SRGZLHV]DQ L UR]SãZDãR VLĕ QD FDãH SRPLHV]F]HQLH SU]H]
REV]DU NWyU MHVW WU]NURWQLH ZLĕNV] QLŧ QRUPDOQLH 'RSãZ
SRZLHWU]D GR XŧWNRZDQHM VWUHI Z SRPLHV]F]HQLX EĕG]LH EDU
G]LHM ãDJRGQ QLŧ Z SU]SDGNX ]ZNãHJR VXÀWX SRGZLHV]DQHJR
3RZLHWU]H ] SRPLHV]F]HQLD NWyUH PXVL SU]HSãZDþ Z
JyUĕ SU]H] VXÀW SRGZLHV]DQ QLH PRŧH Eþ ]DEXU]DQH SU]H]
SRZLHWU]H SãQćFH ] EHONL FKãRG]ćFHM Z Gyã L SRZLQQR PLHþ
GR VZRMHM GVSR]FML WDNć VDPć ZROQć SRZLHU]FKQLĕ VXÀWX
SRGZLHV]DQHJR
0RŧOLZH MHVW VWRVRZDQLH SUDNWF]QHM ]DVDG JãRV]ćFHM
ŧH PLQLPDOQD RGOHJãRŋþ FF SRPLĕG] EHONDPL PXVL ZQRVLþ
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5VXQHN  =DVLÚJL QDZLHZX
5VXQHN  'DQH DNXVWF]QH
XOHJQLH QLH]QDF]QHPX SRJRUV]HQLX Z SRUyZQDQLX ] VWXDFMć
ZVWĕSXMćFć Z UHŧLPLH FKãRG]HQLD D UyŧQLFD WHPSHUDWXU
SRPLĕG] SRGãRJć L VXÀWHP Z]URŋQLH
([6HO$LU
([6HO$LU MHVW SURJUDPHP XPRŧOLZLDMćFP GREyU QDZLHZQLNyZ
EHOHN FKãRG]ćFFK F] NOLPDNRQZHNWRUyZ -HVW WR SURJUDP
SUDFXMćF Z VLHFL ,QWHUQHW UHJXODUQLH DNWXDOL]RZDQ EH]
NRQLHF]QRŋFL ]DSDPLĕWZDQLD SU]H] XŧWNRZQLND L LQVWDORZDQLD
SU]H] QLHJR DNWXDOQFK ZHUVML
3URJUDP REHMPXMH
‡ GDQH WHFKQLF]QH Z WP WDNŧH GDQH DNXVWF]QH SDWU] ² UVX
QHN 
‡ REOLF]HQLD ZPDJDĸ GRWF]ćFFK RJU]HZDQLD L FKãRG]HQLD
‡ SOLNL ';) NWyUH PRJć ]RVWDþ ZHNVSRUWRZDQH GR RSURJUD
PRZDQLD $'
‡ WUyMZPLDURZH PRGHOH ZV]VWNLFK SURGXNWyZ
‡ ]DVLĕJL QDZLHZX SU]HGVWDZLRQH Z XNãDG]LH GZX L WUyMZ
PLDURZP SDWU] ² UVXQHN 
‡ LQVWUXNFMH LQVWDODFML L NRQVHUZDFML
%HONL ZSRVDĝRQH Z IXQNFMÚ RĂZLHWOHQLD
1LHNWyUH WS EHOHN FKãRG]ćFFK PRJć SRVLDGDþ ZEXGR
ZDQć IXQNFMH RŋZLHWOHQLD .RU]ŋþ ] WHJR MHVW WDND ŧH ZLĕFHM
SRZLHU]FKQL VXÀWX SR]RVWDMH ZROQHM G]LĕNL WHPX ŧH EHONL
FKãRG]ćFH ]RVWDã ZSRVDŧRQH Z UyŧQH IXQNFMH $ WR R]QDF]D
ŧH F]QQRŋFL LQVWDODFMQH PRJć Eþ ZNRQZDQH V]EFLHM SU]
MHGQRF]HVQP REQLŧHQLX NRV]WyZ WDNLHM LQVWDODFML JGŧ WU]HED
]DLQVWDORZDþ PQLHM XU]ćG]Hĸ
$E X]VNDþ QDMEDUG]LHM RSWPDOQH GOD GDQHJR SRPLHV]
F]HQLD UR]ZLć]DQLH REHMPXMćFH IXQNFMH RŋZLHWOHQLD L ZHQWOD
FML QDOHŧ ]DGEDþ R ŋFLVãć ZVSyãSUDFĕ SRPLĕG] HNVSHUWHP RG
ZHQWODFML RUD] HNVSHUWHP RG RŋZLHWOHQLD ERZLHP ZHQWODFMD
L RŋZLHWOHQLH WR GZLH ]XSHãQLH RGUĕEQH JDãĕ]LH ÅQDXN WHFK
QLF]QFKµ
1DMSURVWV]P UR]ZLć]DQLHP MHVW RŋZLHWOHQLH SRŋUHGQLH JG
ŋZLDWãR ] ŧDUyZHN ]DPRFRZDQFK Z XFKZWDFK EĕG]LH NLH
URZDQH Z JyUĕ Z NLHUXQNX VXÀWX L RGELMDQH RG QLHJR EĕG]LH
UR]SUDV]DQH Z Gyã QD FDãH SRPLHV]F]HQLH (IHNWHP WDNLHJR
SRGHMŋFLD EĕG]LH JHQHUDOQLH ÅRŋZLHWOHQLH ZLWUDŧRZHµ 1LH]EĕGQH
MHVW ]DSHZQLHQLH RGSRZLHGQLHM RGOHJãRŋFL SRPLĕG] JyUQć NUD
ZĕG]Lć EHONL L VXÀWHP DE ]DFKRG]LãR RGSRZLHGQLH UR]SURV]H
QLH ŋZLDWãD -HŋOL FKRG]L R LQQH Z]JOĕG WR ZPDJDQLD ]ZLć]DQH
] ZHQWODFMć PRJć ZSãZDþ QD XVWXRZDQLH EHONL
6ZRERGQLH ]DZLHV]RQH EHONL FKãRG]ćFH )OlNW :RRGV ² PRGHOH
,4)' L ,4)( ² Vć RIHURZDQH ] RŋZLHWOHQLHP SRŋUHGQLP LOXE
] RŋZLHWOHQLHP EH]SRŋUHGQLP
:LĕNV]H ZPDJDQLD ZVWĕSXMć Z SU]SDGNX RŋZLHWOHQLD EH]
SRŋUHGQLHJR
'RWF]ć RQH ]DUyZQR ZLĕNV]HJR QDWĕŧHQLD RŋZLHWOHQLD VNLHURZD
QHJR QD SU]NãDG QD SRZLHU]FKQLĕ PLHMVFD SUDF MDN L SRZLHWU]D
ZSãZDMćFHJR ] EHONL L VNXWHF]QLH ZHQWOXMćFHJR XŧWNRZDQć
VWUHIĕ SRPLHV]F]HQLD EH] SRMDZLDQLD VLĕ SU]HFLćJyZ
: ZLĕNV]RŋFL SU]SDGNyZ GRSXV]F]DOQH MHVW SRãćF]HQLH WFK
REX WHFKQLN FKRFLDŧ Z SHZQFK VWXDFMDFK PRŧH ZVWćSLþ WXWDM
NRQÁLNW LQWHUHVyZ L WU]HED EĕG]LH ]QDOHťþ LQQH UR]ZLć]DQLH
3ãWD GROQD EHOHN )OlNW :RRGV PRGHOH ,4,' L 43'$ PRŧH Eþ
ZSRVDŧRQD Z XFKZW GR RŋZLHWOHQLD EH]SRŋUHGQLHJR
:LHORIXQNFMQH EHONL FKïRG]ÈFH
: QLHNWyUFK VWXDFMDFK LVWQLHMH SRWU]HED ]DLQVWDORZDQLD
EHONL NWyUD SRVLDGDãDE IXQNFMH GRWćG LQVWDORZDQH Z GDQP
SRPLHV]F]HQLX RGG]LHOQLH 7DNLH UR]ZLć]DQLH MHVW QD]ZDQH
ZLHORIXQNFMQć EHONć FKãRG]ćFć
%HOND FKãRG]ćFD )OlNW :RRGV PRGHO ,4,' MHVW SU]NãDGHP
ZLHORIXQNFMQHM EHONL FKãRG]ćFHM NWyUD Z SHãQP ZSRVDŧHQLX
SRVLDGD QDVWĕSXMćFH IXQNFMH
1DZLHZDQLH SRZLHWU]D
KãRG]HQLH L RJU]HZDQLH
5HJXODFMD NRPIRUWX ]PLHQQH GãXJRŋFL RWZRUyZ GOD QDZLHZD
QHJR SRZLHWU]D
)XQNFMD )3 )ORZ 3DWWHUQ RQWURO
² VWHURZDQLH NLHUXQNLHP
QDZLHZX
=ZLĕNV]DQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D
:SRVDŧHQLH NRQWUROQRVWHUXMćFH
2ŋZLHWOHQLH
'RVWRVRZDQLH GR LQVWDODFML WUVNDF]RZHM
=DOHFHQLD VVWHPRZH L SURMHNWRZH
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD











EHONL FKïRG]ÈFH EHONL FKïRG]ÈFH
EHONL FKïRG]ÈFH EHONL FKïRG]ÈFH
REZöG RELHJX SLHUZRWQHJR
ļ FKïRG]LDUND ļ VWDïH QDWÚĝHQLH SU]HSïZX
ļ FKïRG]HQLH ]GDOQH ļ ]PLHQQH QDWÚĝHQLH SU]HSïZX
]DZöU VWHUXMÈF
ļ FKïRG]LDUND ļ ]DZöU WUöMGURJRZ
ļ FKïRG]HQLH ]GDOQH ļ ]DZöU
GZXGURJRZ
]DZöU
EH]SLH
F]HñVWZD
REHMĂFLH

  



UHJXODWRU VWDïHJR
FLĂQLHQLD
REZöG ] ZÚĝRZQLFÈ FKïRG]ÈFÈ
ļ VWDïH QDWÚĝHQLH SU]HSïZX
REZöG ] EHONÈ FKïRG]ÈFÈ
ļ ]PLHQQH QDWÚĝHQLH SU]HSïZX
5VXQHN  5VXQHN 
 
5VXQHN  6FKHPDW VVWHPX PHGLöZ RGELHUDMÈFFK FLHSïR
=DOHFHQLD VVWHPRZH L SURMHNWRZH
6VWHP SRïÈF]Hñ UXURZFK
6VWHP PHGLöZ RGELHUDMÈFFK
FLHSïR
6VWHP PHGLyZ RGELHUDMćFFK FLHSãR VNãDGD
VLĕ ] REZRGX RELHJX SLHUZRWQHJR SU]HG
VWDZLRQHJR QD UVXQNX
REHMPXMćFHJR
SRPSĕ JãyZQć QDF]QLH Z]ELRUF]H RUD]
² MHŋOL WR NRQLHF]QH ² ]ELRUQLN DNXPXODFMQ
LWS 3URFHV FKãRG]HQLD ZRG RGEZD VLĕ
Z REZRG]LH RELHJX SLHUZRWQHJR Z SD
URZQLNX FKãRG]LDUNL OXE SR VWURQLH ZWyUQHM
ZPLHQQLND FLHSãD
'R REZRGX RELHJX SLHUZRWQHJR Vć
SRGãćF]HQL UyŧQHJR URG]DMX RGELRUF
WZRU]ćF W]Z REZRG RELHJX ZWyUQHJR
V]F]HJyã ² SDWU] UVXQHN
NWyUH Vć
ZSRVDŧRQH Z ZĕŧRZQLFH FKãRG]ćFH
]QDMGXMćFH VLĕ Z XU]ćG]HQLDFK X]GDWQLDQLD
SRZLHWU]D RUD] Z EHONDFK FKãRG]ćFFK
= SXQNWX ZLG]HQLD VWHURZDQLD REZyG
RELHJX SLHUZRWQHJR MHVW VVWHPHP QD
WRPLDVW NDŧG SRGãćF]RQ RGELRUFD MHVW
VVWHPHP GVNUHWQP
2EZyG RELHJX SLHUZRWQHJR MHVW ]DZV]H
ZSRVDŧRQ Z XU]ćG]HQLD GR UHJXOD
FML WHPSHUDWXU PHGLXP RGELHUDMćFHJR
FLHSãR D QLHNLHG WDNŧH Z XU]ćG]HQLD GR
UHJXORZDQLD FLŋQLHQLD D ZLĕF L QDWĕŧHQLD
SU]HSãZX
6WHURZDQLH ZGDMQRŋFLć FLHSãD RGEZD
VLĕ ]D SRPRFć ]DZRUyZ GZX OXE WUyMGUR
JRZFK V]F]HJyã ² SDWU] UVXQHN
6WHURZDQLH Z REZRG]LH ZWyUQP
RGEZD VLĕ SU]H] UHJXORZDQLH WHPSHUDWXU
Z SRPLHV]F]HQLX Z NDQDOH OXE Z UXU]H
3RGF]DV ]DPNDQLD ]DZRUX GZXGUR
JRZHJR Z]UDVWD VSDGHN FLŋQLHQLD D PDOHMH
QDWĕŧHQLH SU]HSãZX : SU]SDGNX LQVWDOD
FML SRND]DQHM QD UVXQNX  QDWĕŧHQLH SU]H
SãZX EĕG]LH XOHJDþ ]PLDQRP Z REX RE
ZRGDFK : SU]SDGNX LQVWDODFML SRND]DQHM
QD UVXQNX  QDWĕŧHQLH SU]HSãZX PRŧH
SR]RVWDZDþ VWDãH Z REZRG]LH ZWyUQP
QDWRPLDVW XOHJDþ ]PLDQRP Z REZRG]LH
SLHUZRWQP
=DZyU WUyMGURJRZ SRND]DQ QD U
VXQNX  PRŧH Eþ LQVWDORZDQ MDNR ]DZyU
PLHV]DMćF GZD ZORW L MHGHQ ZORW UVX
QHN
OXE MDNR ]DZyU UR]G]LHOF] MHGHQ
ZORW L GZD ZORW UVXQHN
=DZyU WUyMGURJRZ ]D]ZF]DM MHVW
LQVWDORZDQ MDNR ]DZyU PLHV]DMćF 1DWĕŧH
QLH ZSãZX QD ZORFLH SR]RVWDMH VWDãH QD
WRPLDVW QD ZORWDFK PRŧH XOHJDþ ]PLDQRP
: SU]SDGNX LQVWDODFML SRND]DQHM QD U
VXQNX  QDWĕŧHQLH SU]HSãZX Z REZRG]LH
ZWyUQP MHVW ]PLHQQH QDWRPLDVW QDWĕŧHQLH
SU]HSãZX Z REZRG]LH SLHUZRWQP SR]R
VWDMH VWDãH : SU]SDGNX LQVWDODFML SRND
]DQHM QD UVXQNX  QDWĕŧHQLH SU]HSãZX
SR]RVWDMH VWDãH Z REX REZRGDFK
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5VXQHN  =DZöU PLHV]DMÈF 5VXQHN  =DZöU UR]G]LHOF]
5VXQHN  5VXQHN 



=DOHFHQLD VVWHPRZH L SURMHNWRZH
:PDJDQLD GOD SU]HSãZX VWDãHJR
‡ 3RPSD SUDFXMćFD ]H VWDãć SUĕGNRŋFLć REURWRZć
‡ 6VWHP ] ]DZRUDPL WUyMGURJRZPL
:DULDQW SU]HSãZX VWDãHJR MHVW ] UHJXã ZELHUDQ Z REZRG]LH
RELHJX SLHUZRWQHJR Z VWXDFML JG LQVWDODFMD ]DZLHUD VZRMć
ZãDVQć FKãRG]LDUNĕ ] XZDJL QD QLHEH]SLHF]HĸVWZR ]DPDU]DQLD
SDURZQLND SU] EDUG]R PDãP QDWĕŧHQLX SU]HSãZX
:PDJDQLD GOD SU]HSãZX ]PLHQQHJR
‡ 3RPSD ] UHJXODFMć SUĕGNRŋFL QDMF]ĕŋFLHM VWHURZDQć FLŋQLH
QLRZR
‡ OXE SRPSD ] SãDVNć NU]Zć SRPS L RGSRZLHGQLR QLVNLP
FLŋQLHQLHP Z SXQNFLH ]DSRURZP W]Q SU] ]HURZP QDWĕ
ŧHQLX SU]HSãZX
‡ 6VWHP ] ]DZRUDPL GZXGURJRZPL
=DZRU GZXGURJRZH Vć ]D]ZF]DM ZPDJDQH Z VVWHPDFK
SRGãćF]RQFK GR VLHFL NOLPDW]DFML ]GDOQHM
8NïDG ZWöUQ
2EZyG SLHUZRWQ SUDFXMH ]D]ZF]DM SU] WHPSHUDWXU]H ZHM
ŋFLRZHM U]ĕGX ƒ 7HPSHUDWXUD ZRG ]DVLODMćFHM GRSURZD
G]DQHM GR EHOHN FKãRG]ćFFK QLH PRŧH Eþ QLŧV]D DQLŧHOL ƒ
] XZDJL QD U]NR VNUDSODQLD = WHJR Z]JOĕGX LQVWDOXMH VLĕ
]HVSyã ERF]QLNyZ XSXVWyZ
SDWU] ² UVXQHN  HOHPHQW
Z FHOX PLHV]DQLD SRGJU]DQHM ZRG SRZURWQHM ]H VFKãRG]RQć
ZRGć ]DVLODMćFć GOD X]VNDQLD VWDãHM WHPSHUDWXU
=DZRU VWHUXMćFH VWRVRZDQH Z EHONDFK FKãRG]ćFFK Vć ]D
ZRUDPL GZXGURJRZPL ] VLãRZQLNLHP WHUPLF]QP 1DWĕŧHQLH
SU]HSãZX PHGLXP RGELHUDMćFHJR FLHSãR Z REZRG]LH RELHJX
ZWyUQHJR MHVW ]DWHP ]PLHQQH
3R]LRP KDïDVX
6VWHP PHGLyZ RGELHUDMćFFK FLHSãR ]D]ZF]DM QLH MHVW REFLć
ŧRQ Z QRF 'ODWHJR UDQNLHP ZV]VWNLH ]DZRU Vć ]DPNQLĕWH
W]Q QDWĕŧHQLH SU]HSãZX Z REZRG]LH MHVW ]HURZH 3RPSD SUD
FXMH Z SXQNFLH ]DSRURZP *G REFLćŧHQLH Z]UDVWD ZãćF]DQH
MHVW RŋZLHWOHQLH XUXFKDPLDQH Vć NRPSXWHU GR SUDF SU]FKR
G]ć SUDFRZQLF
]DZRU ]DF]QDMć VLĕ RWZLHUDþ
.LHG FLŋQLHQLH QD ]DZRUDFK SU]HNURF] RNRãR  N3D RWZLH
UDMćFH VLĕ ]DZRU PRJć SRZRGRZDþ KDãDV :EyU MHGQHJR
] SRQLŧV]FK UR]ZLć]Dĸ SR]ZDOD MHGQDN ZHOLPLQRZDþ SUREOHP
KDãDVX
3RPSD ] UHJXODFMÈ FLĂQLHQLRZÈ
=DVDGD G]LDãDQLD SRPS ] UHJXODFMć FLŋQLHQLRZć SROHJD QD
DXWRPDWF]QP REQLŧDQLX SUĕGNRŋFL REURWRZHM Z PLDUĕ MDN
]PQLHMV]D VLĕ QDWĕŧHQLH SU]HSãZX SDWU] ² UVXQHN  HOHPHQW
 1DMWDĸV]P L QDMSURVWV]P UR]ZLć]DQLHP MHVW SRPSD
] ZEXGRZDQP SU]HPLHQQLNLHP F]ĕVWRWOLZRŋFL
6WHUXMH RQ DXWRPDWF]QLH QDVWDZć FLŋQLHQLD QD SRPSLH
XWU]PXMćF DOER ZDUWRŋþ VWDãć DOER ZDUWRŋþ ZQLNDMćFć ] NU]
ZHM XZ]JOĕGQLDMćFHM VSDGHN FLŋQLHQLD SRZRGRZDQ WDUFLHP
Z REZRG]LH
2JUDQLF]HQLH FLĂQLHQLD Z SXQNFLH ]DSRURZP
$OWHUQDWZć GOD SRPS ] UHJXODFMć FLŋQLHQLRZć PRŧH Eþ Z
EyU SRPS NWyUD Z VWXDFML JG QDWĕŧHQLH SU]HSãZX VSDGQLH
GR ]HUD ZWZDU]D FLŋQLHQLH QLH]QDF]QLH PQLHMV]H QLŧ  N3D
ŦDGHQ ] ]DZRUyZ Z VVWHPLH QLH MHVW ZyZF]DV QDUDŧRQ QD
G]LDãDQLH FLŋQLHQLD SU]HNUDF]DMćFHJR  N3D D WP VDPP XQLND
VLĕ SUREOHPyZ ]ZLć]DQFK ] QDGPLHUQP KDãDVHP 7DNLH UR]
ZLć]DQLH PRŧH Eþ MHGQDN VWRVRZDQH WONR Z VVWHPDFK NWyUH
Vć GRVWDWHF]QLH PDãH DE GR LFK REVãXJL ZVWDUF]DãR XŧFLH
QLHZLHONLHM SRPS
=DZöU EH]SLHF]HñVWZD
QDGPLDURZRFLĂQLHQLRZ
7U]HFLć PRŧOLZRŋFLć MHVW ]DVWRVRZDQLH W]Z ]DZRUX QDGPLD
URZRFLŋQLHQLRZHJR QD NRĸFX VVWHPX SDWU] UVXQHN  HOHPHQW
 *G FLŋQLHQLH QD ]DZRU]H QDGPLDURZRFLŋQLHQLRZP
RVLćJQLH ZVWĕSQLH XVWDZLRQć ZDUWRŋþ PDNVPDOQLH  N3D
]DZyU RWZRU] VLĕ GRSURZDG]DMćF GR SRãćF]HQLD SU]HZRGX ]D
VLODMćFHJR L SRZURWQHJR ']LĕNL WHPX SRPSD QLJG QLH RVLćJQLH
SXQNWX ]DSRURZHJR
5HJXODWRU VWDïHJR FLĂQLHQLD
5HJXODWRU VWDãHJR FLŋQLHQLD SDWU] ² UVXQHN  HOHPHQW
GRNRQXMH SRPLDUX UyŧQLF FLŋQLHĸ SRPLĕG] SU]HZRGHP ]DVL
ODMćFP L SRZURWQP L XWU]PXMH Mć QD VWDãP SR]LRPLH SU]H]
GãDZLHQLH ZV]HONLHM ÅQDGZŧNL FLŋQLHQLDµ
-HVW WR UHJXODWRU VDPRF]QQ 'XŧH VVWHP PHGLyZ
RGELHUDMćFFK FLHSãR PRŧQD SRG]LHOLþ QD RGSRZLHGQLH JUXS
NWyUH Vć ZSRVDŧRQH Z UHJXODWRU VWDãHJR FLŋQLHQLD SR]ZDODMćFH
RJUDQLF]þ FLŋQLHQLH QD ]DZRUDFK VWHUXMćFFK
2SöěQLHQLH F]DVRZH
: REZRG]LH ] ]DPNQLĕWPL ]DZRUDPL GZXGURJRZPL ZRGD
RELHJRZD MHVW Z FDãNRZLWP EH]UXFKX *G ]DF]QLH VLĕ RWZLHUDþ
SLHUZV] ]DZyU GR EHONL FKãRG]ćFHM ]DF]QLH GRSãZDþ ZRGD
NWyUD SR]RVWDZDãD Z EH]UXFKX Z SU]HZRGDFK L VWDZDãD VLĕ FRUD]
FLHSOHMV]D : SU]SDGNX GXŧFK VVWHPyZ PRŧH XSãQćþ VSRUR
F]DVX ]DQLP Z XNãDG]LH SRMDZL VLĕ ]LPQD ZRGD
3RSU]H] SRãćF]HQLH ]H VREć VWRVXMćF SRãćF]HQLH ERF]QLNRZH
SU]H] ]DZyU VWHUXMćF
SU]HZRGX ]DVLODMćFHJR L SRZURWQHJR
Z QDMEDUG]LHM RGOHJãP SXQNFLH REZRGX SDWU] ² UVXQHN 
HOHPHQW
]DSHZQLD VLĕ ŧH FUNXODFMD QLJG QLH XVWDQLH
L Z HIHNFLH ZRGD FKãRGQD EĕG]LH ]DZV]H RVLćJDOQD
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
 
 

 
 

=DOHFHQLD VVWHPRZH L SURMHNWRZH
2GSRZLHWU]DQLH
.DŧG VVWHP JU]DQLD OXE FKãRG]HQLD VNãDGDMćF VLĕ ] UXU ZPDJD
RGSRZLHWU]DQLD 6VWHP Vć ZSRVDŧRQH Z FHQWUDOQH XNãDG
RGSRZLHWU]DQLD NWyUH Z VSRVyE FLćJã L DXWRPDWF]QLH XVXZDMć
ZV]HONLH SĕFKHU]NL SRZLHWU]D SRMDZLDMćFH VLĕ Z ZRG]LH Z WUDNFLH
SUDF VVWHPX 2GSRZLHWU]DQLH VVWHPyZ PHGLyZ RGELHUDMćFFK
FLHSãR MHVW QLHFR WUXGQLHMV]H QLŧ RGSRZLHWU]DQLH VVWHPyZ PHGLyZ
RJU]HZDMćFFK ] WHJR Z]JOĕGX ŧH SRZLHWU]H ãDWZLHM MHVW XZROQLþ
Z ZŧV]HM WHPSHUDWXU]H 'ODWHJR WHŧ QDOHŧWH ]DSURMHNWRZDQLH
RGSRZLHWU]DQLD GOD VVWHPX PHGLyZ RGELHUDMćFFK FLHSãR PD WXWDM
GXŧR ZLĕNV]H ]QDF]HQLH DQLŧHOL Z SU]SDGNX VVWHPyZ RJU]HZDQLD
R SRGREQFK SDUDPHWUDFK
*G VVWHP MHVW QDSHãQLDQ ZRGć SRPSD ]QDMGXMH VLĕ Z VWDQLH
VSRF]QNX :H ZV]VWNLFK QDMZŧHM SRãRŧRQFK SXQNWDFK VVWHPX
]QDMGXMH VLĕ ZyZF]DV XZLĕ]LRQH SRZLHWU]H
'ODWHJR ZV]VWNLH QDMZŧHM SRãRŧRQH SXQNW VVWHPX
SRZLQQ Eþ ZSRVDŧRQH Z ]DZRU RGSRZLHWU]DMćFH : FHOX
RJUDQLF]HQLD OLF]E ]DZRUyZ RGSRZLHWU]DMćFFK GR PLQLPXP
VVWHP UXU QDOHŧ ]DSURMHNWRZDþ Z XNãDG]LH ÅPRFQR RSDGDMć
FPµ Z]JOĕGHP SRMHGQF]HJR SXQNWX RGSRZLHWU]DQLD F]OL
Z XNãDG]LH ÅPRFQR Z]QRV]ćFPµ Z]JOĕGHP EHONL FKãRG]ćFHM
WR ]QDF] Z WDNL VSRVyE DE EHONL FKãRG]ćFH VWDQRZLã QDMQLŧHM
SRãRŧRQH SXQNW VVWHPX
5XU ãćF]ćFH VVWHP PHGLyZ RGELHUDMćFFK FLHSãR PXV]ć
Eþ SU]PRFRZDQH GR VNLHURZDQFK Z Gyã ZVWDMćFFK HOHPHQ
WyZ ]QDMGXMćFFK VLĕ QD SU]HZRGDFK ERF]QFK D ŋFLŋOH PyZLćF
² QD LFK VSRGQLHM F]ĕŋFL
= NROHL SU]HZRG ERF]QH Vć SRGãćF]DQH GR VNLHURZDQFK
Z Gyã ZVWDMćFFK HOHPHQWyZ ]QDMGXMćFFK VLĕ QD SU]HZRGDFK
JãyZQFK LWG
=DZyU RGSRZLHWU]DMćF QDOHŧ LQVWDORZDþ ]DZV]H JG PDMć
PLHMVFD RGVWĕSVWZD RG SRGDQFK ZŧHM ]DVDG L JG Z XNãDG]LH
ZVWĕSXMć WDNLH QDMZŧHM SRãRŧRQH SXQNW
5HJXODFMD
6VWHP PHGLyZ RGELHUDMćFFK FLHSãR PXV]ć Eþ Z
SRVDŧRQH Z XU]ćG]HQLD GR SRPLDUX L UHJXORZDQLD QDWĕŧHQLD
SU]HSãZX =DZRU UHJXODFMQH ] JQLD]GDPL SRPLDURZPL Vć
LQVWDORZDQH Z NDQDOH JãyZQP RUD] Z RGJDãĕ]LHQLDFK ERF]
QFK SDWU] ² UVXQHN  HOHPHQW  =DOHFD VLĕ UyZQLHŧ DE
NDŧGD EHOND EãD ZSRVDŧRQD Z ]DZyU UHJXODFMQ ] JQLD]GHP
SRPLDURZP SDWU]  UVXQHN  HOHPHQW  FKRFLDŧ Z SUDNWFH
]D]ZF]DM VWRVXMH VLĕ ]DZRU UHJXODFMQH EH] JQLD]GD SRPLD
URZHJR : WDNLP SU]SDGNX ZLHONRŋþ QDWĕŧHQLD SU]HSãZX
UHJXOXMH VLĕ Z RSDUFLX R ZOLF]RQH ZDUWRŋFL V]DFXQNRZH
5VXQHN 
3U]HSïXNLZDQLH
=DZRU QD EHONDFK FKãRG]ćFFK VãXŧć GR UHJXODFML VWRVXQNRZR
QLHGXŧFK QDWĕŧHĸ SU]HSãZX FLHF] 3U]HSXVWRZRŋþ ]DZRUX
MHVW ERZLHP QLHZLHOND 6VWHP WDNLH Vć ]DWHP EDUG]R F]XãH QD
ZV]HONLH ]DQLHF]V]F]HQLD ]QDMGXMćFH VLĕ Z ZRG]LH 'ODWHJR
ZVND]DQH MHVW DE UXURFLćJL Eã ]DRSDWU]RQH Z VSHFMDOQH VWRS
QLH XPRŧOLZLDMćFH SãXNDQLH SDWU] ² UVXQHN  HOHPHQW  QD
VWURQLH 
,]RODFMD
3U]HZRG SU]H]QDF]RQH GOD PHGLyZ FKãRG]ćFFK PXV]ć
SRVLDGDþ GIX]MRV]F]HOQć L]RODFMĕ ]DEH]SLHF]DMćFć SR]ZDODMćFć
XQLNQćþ VNUDSODQLD PHGLXP 1DMF]ĕŋFLHM L]RODFMD SU]HZRGyZ
NWyUPL SãQć PHGLD RGELHUDMćFH FLHSãR MHVW ZNRQDQD ] JXP
SRURZDWHM
,]RODFMĕ WDNć SRZLQQ SRVLDGDþ ]DUyZQR SU]HZRG ZRG ]DVLOD
MćFHM MDN L SRZURWQHM R SUDZGD SU]HZRG SRZURWQH Vć ]D]Z
F]DM WDN JRUćFH ŧH QLHEH]SLHF]HĸVWZR VNUDSODQLD SUDNWF]QLH
WDP QLH ZVWĕSXMH QLHPQLHM MHGQDN Z ZQLNX DZDULL Z WUDNFLH
SUDF VVWHPX OXE XVWHUNL ZSRVDŧHQLD VWHUXMćFHJR WHPSHUDWXUD
PRŧH QDJOH REQLŧþ VLĕ SRQLŧHM SXQNWX URV FR Z NRQVHNZHQFML
PRŧH GRSURZDG]Lþ GR SRZVWDQLD VNURSOLQ 3RQDGWR QDGPLHUQH
VWUDW HQHUJLL QD UXURFLćJDFK Vć ]DEURQLRQH SU]HSLVDPL XQLMQPL
L ORNDOQPL UR]SRU]ćG]HQLDPL QS .UDMRZHM 6]ZHG]NLHM .RPLVML
GV 5R]ZRMX %XGRZQLFWZD %RYHUNHWV %JJUHJOHU %%5
=DZRU
=HVWDZ ]DZRUöZ
0XVL LVWQLHþ PRŧOLZRŋþ ZãćF]HQLD NDŧGHM EHONL FKãRG]ćFHM
D WDNŧH ]DGDZDQLD L EDUG]R F]ĕVWR WDNŧH UHJXORZDQLD QDWĕŧH
QLD SU]HSãZX 1D NDŧGHM EHOFH MHVW ZLĕF LQVWDORZDQ ]HVWDZ
]DZRUyZ SR]ZDODMćF QD UHDOL]DFMĕ WFK IXQNFML =DZyU VWHUXMćF
PRŧH SRVLDGDþ UHJXORZDQć ZDUWRŋþ ZVSyãF]QQLND SU]HSãZX
NYV FR R]QDF]D ŧH WDNL ]DZyU VWHUXMćF XPRŧOLZLD UHJXODFMĕ
QDWĕŧHQLD SU]HSãZX ZRG
: WDNLP SU]SDGNX ]HVWDZ ]DZRUyZ VNãDGD VLĕ ] GZyFK
]DZRUyZ RGFLQDMćFFK V]F]HJyã ²SDWU] HOHPHQW  RUD] ] MHG
QHJR ]DZRUX VWHUXMćFHJR V]F]HJyã ² SDWU] HOHPHQW  =DZyU
VWHUXMćF MHVW LQVWDORZDQ QDMF]ĕŋFLHM QD ZORFLH -HŋOL ]DZyU
VWHUXMćF SRVLDGD VWDãć ZDUWRŋþ ZVSyãF]QQLND SU]HSãZX NYV
WR LQVWDOXMH VLĕ GRGDWNRZ ]DZyU UHJXODFMQ XPRŧOLZLDMćF
]DGDZDQLH QDWĕŧHQLD SU]HSãZX SDWU] ² UVXQHN  HOHPHQW
 0RŧH RQ SUDFRZDþ MDNR ]DZyU RGFLQDMćF L ]DVWĕSXMH ZWHG
MHGHQ ] ]DZRUyZ RGFLQDMćFFK
=HVWDZ ]DZRUyZ VNãDGD VLĕ ZWHG ] MHGQHJR ]DZRUX RGFLQD
MćFHJR QD ZORFLH HOHPHQW  MHGQHJR ]DZRUX VWHUXMćFHJR QD
SU]HZRG]LH SRZURWQP HOHPHQW  RUD] ] MHGQHJR ]DZRUX
VWHUXMćFHJR QD ZORFLH HOHPHQW 
=DLQVWDORZDQLH ]DZRUX RGFLQDMćFHJR QD ZORFLH SDWU] ² U
VXQHN  HOHPHQW  PRŧH Eþ NRU]VWQH ] XZDJL QD ]QDMGXMćF
VLĕ Z WHJR WSX ]DZRU]H PDã ÀOWU VLDWNRZ Z NXOL 7HQ ÀOWU
VLDWNRZ FKURQL ]DZRU UHJXODFMQH L VWHUXMćFH SU]HG ZV]HONLPL
]DQLHF]V]F]HQLDPL MDNLH PRJć ]QDMGRZDþ VLĕ Z ZRG]LH
-HŋOL EHOND FKãRG]ćFD VWDQRZL QDMZŧV] SXQNW Z VVWH
PLH WR Z VNãDG ]HVWDZX ]DZRUyZ PXVL ZFKRG]Lþ WDNŧH ]DZyU
RGSRZLHWU]DMćF QD SU]HZRG]LH SRZURWQP MDN SRND]DQR QD
UVXQNX  HOHPHQW 
3RïÈF]HQLH ]D SRPRFÈ SU]HZRGX JLÚWNLHJR
'OD XPRŧOLZLHQLD UHJXODFML SRãRŧHQLD EHONL FKãRG]ćFHM Z SLRQLH
L Z SR]LRPLH NRU]VWQH PRŧH RND]Dþ VLĕ ZNRQDQLH SRãćF]Hĸ ]D
SRPRFć SU]HZRGX JLĕWNLHJR ]JRGQLH ] UVXQNLHP  HOHPHQW
 3U]HZRG JLĕWNLH FKDUDNWHU]XMć VLĕ ZLĕNV]P RSRUHP
KGUDXOLF]QP WDUFLHP ZHZQĕWU]QP
QLŧ UXU FR R]QDF]D ŧH
QLHNLHG NRQLHF]QH PRŧH RND]Dþ VLĕ ]DVWRVRZDQLH SU]HZRGyZ
JLĕWNLFK R ZPLDUDFK ZLĕNV]FK QLŧ ZPLDU UXU
=DZöU VWHUXMÈF
3U]HSXVWRZRŋþ EHONL FKãRG]ćFHM PRŧH Eþ UHJXORZDQD Z ]DOHŧ
QRŋFL RG SRWU]HE SRSU]H] ]PLDQĕ QDWĕŧHQLD SU]HSãZX ZRG
SU]H] EHONĕ 6SDGHN FLŋQLHQLD QD ]DZRU]H PXVL Eþ FR QDMPQLHM
WDN GXŧ MDN VSDGHN FLŋQLHQLD QD EHOFH DOH QLH PRŧH SU]HNUDF]Dþ
 N3D
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5VXQHN 
5VXQHN 
5VXQHN 





=DOHFHQLD VVWHPRZH L SURMHNWRZH
-HGHQ ]DZöU QD EHONÚ 3RGãćF]HQLH NLONX EHOHN GR ZVSyOQHJR ]DZRUX VWHUXMćFHJR
PRŧH ZLć]Dþ VLĕ ] NRQLHF]QRŋFLć ]EXGRZDQLD GRGDWNRZHJR
XNãDGX UXURFLćJyZ MDN SRND]DQR QD UVXQNX 
5VXQHN 
1DMZLĕNV]ć HODVWF]QRŋþ X]VNXMH VLĕ SU] ]DLQVWDORZDQLX
MHGQHJR ]DZRUX QD NDŧGHM EHOFH MDN SRND]DQR QD UVXQNX 
-HGHQ ]HVSyã VWHUXMćF PRŧH VWHURZDþ SUDFć MHGQHM OXE ZLĕFHM
EHOHN : UD]LH HZHQWXDOQHM SU]V]ãHM SU]HEXGRZ XNãDGX Z
PDJDQH EĕG]LH GRNRQDQLH SU]HãćF]HQLD HOHNWUF]QHJR SRPLĕG]
]HVSRãDPL VWHUXMćFPL
=DVDGD WD GRWF] EXGQNyZ ELXURZFK ] UXUDPL VVWHPX PH
GLyZ RGELHUDMćFFK FLHSãR SRSURZDG]RQPL QD NRUWDU]X RUD]
SRPLHV]F]Hĸ ELXURZFK Z XNãDG]LH ÅFHOO RIÀFHµ SRPLHV]F]HQLD
ELXURZH WSX ÅMHGQD RVRED Z SRNRMXµ@ OXE SU]V]ãHJR XNãDGX
ÅFHOO RIÀFHµ Z]GãXŧ IDVDG EXGQNX ] SRG]LDãHP QD PRGXã
)LUPD )OlNW :RRGV RIHUXMH UHJXODWRU SR]ZDODMćFH QD VWHURZDQLH
ZLHORPD ]DZRUDPL NDŧG ]QDMGXMćFPL VLĕ SR VWURQLH FKãR
G]HQLD L JU]DQLD 3RSU]H] ]EXGRZDQLH VVWHPX ] UHJXODWRUDPL
SRGU]ĕGQPL SRMHGQF] UHJXODWRU PRŧH XUXFKDPLDþ GR 
]DZRUyZ Z OLQLL FKãRG]HQLD L  ]DZRUyZ Z OLQLL JU]DQLD
:VSöOQ ]DZöU VWHUXMÈF GOD NLONX EHOHN
.LOND EHOHN FKãRG]ćFFK PRŧH ]RVWDþ SRGãćF]RQFK UD]HP GR
ZVSyOQHJR ]DZRUX VWHUXMćFHJR ]JRGQLH ] UVXQNLHP 
3RQLHZDŧ ]PLDQ VWUHI UHJXODFML ZPDJDMć SU]HEXGRZ
VVWHPX UXU ZLĕF PHWRGD WDND MHVW ZNRU]VWZDQD WONR
Z SU]SDGNX RELHNWyZ JG]LH QLH PD ZPRJX ]DSHZQLHQLD
HODVWF]QRŋFL 1D SU]NãDG Z SU]SDGNX GXŧFK SRPLHV]F]Hĸ
ELXURZFK ORNDOL KDQGORZFK V]Nyã LWS
3RUyZQDQLH NRV]WyZ
] VWRVRZDþ ZVSyOQ ]DZyU GOD NLONX EHOHN F] SRMHGQF] ]DZyU GOD
NDŧGHM EHONL
=DZRU VWHUXMćFH RUD] VLãRZQLNL VWRVRZDQH Z SU]SDGNX
SRMHGQF]FK EHOHN Vć XU]ćG]HQLDPL VWRVXQNRZR PDãR VNRPSOL
NRZDQPL L WDQLPL QDWRPLDVW GXŧH ]DZRU SR]ZDODMćFH QD VWH
URZDQLH NLONRPD EHONDPL MHGQRF]HŋQLH Vć HOHPHQWDPL R ]XSHãQLH
LQQHM NRQVWUXNFML L GXŧR GURŧV]PL
]ĕVWR RND]XMH VLĕ ŧH Z VVWHPDFK VNãDGDMćFFK VLĕ ] SR
PLHV]F]Hĸ ELXURZFK WSX ÅFHOO RIÀFHµ Z]GãXŧ NRUWDU]D NRV]W
]DVWRVRZDQLD RGG]LHOQHJR ]DZRUX VWHUXMćFHJR GOD NDŧGHM EHONL
RNDŧć VLĕ QLHZLHOH ZŧV]H D SR]ZROL WR GRGDWNRZR QD VWZRU]H
QLH VVWHPX R GXŧHM HODVWF]QRŋFL
6VWHP VWHURZDQLD
2JU]HZDQLH L FKïRG]HQLH
: SRPLHV]F]HQLDFK ZPDJDMćFFK ]DUyZQR RJU]HZDQLD MDN
L FKãRG]HQLD ] XZDJL QD RV]F]ĕGQRŋþ HQHUJLL ZVND]DQH MHVW
]DLQVWDORZDQLH VVWHPX VWHURZDQLD NWyU XQLHPRŧOLZL MHG
QRF]HVQH IXQNFMRQRZDQLH XNãDGX JU]HZF]HJR L FKãRG]ćFHJR
2JU]HZDQLH PRŧH Eþ UHDOL]RZDQH ]D SRPRFć JU]HMQLNyZ OXE
REZRGyZ JU]HZF]FK Z EHOFH FKãRG]ćFHM
=DUyZQR JU]HMQLN MDN L ZĕŧRZQLFD JU]HZF]D EHONL PRJć Eþ
ZSRVDŧRQH Z ]DZyU VWHUXMćF 6WHURZDQLH ]DZRUDPL RGEZD
VLĕ VHNZHQFMQLH ]H ZVSyOQHJR XU]ćG]HQLD VWHUXMćFHJR WR
]QDF] ŧH DE PRŧQD EãR RWZRU]þ ]DZyU FKãRG]ćF QDMSLHUZ
PXVL ]RVWDþ ]DPNQLĕW ]DZyU JU]HZF] ]ĕVWR SRPLĕG]
VWUHIDPL JU]DQLD L FKãRG]HQLD MHVW GRGDWNRZR Z]QDF]DQD VWUHID
QHXWUDOQD Z NWyUHM GOD RNUHŋORQHJR SU]HG]LDãX WHPSHUDWXU RED
]DZRU SR]RVWDMć ]DPNQLĕWH SDWU] ² UVXQHN 
3U]HFLÈJL
: QRZRF]HVQFK EXGQNDFK FKDUDNWHU]XMćFFK VLĕ GREUHM
MDNRŋFL L QLH]EW GXŧFK UR]PLDUyZ RNQDPL ZVND]DQH MHVW VWRVR
ZDQLH VVWHPX VWHURZDQLD VHNZHQFMQHJR ]H VWUHIć QHXWUDOQć
-HŋOL MHGQDNŧH RNQD Vć ZLHONRZPLDURZH LOXE JRUV]HM
MDNRŋFL ]DVWRVRZDQLH VVWHPX VWHURZDQLD VHNZHQFMQHJR PRŧH
Eþ ťUyGãHP SRZVWDZDQLD SUREOHPyZ ] SU]HFLćJDPL Z ]ZLć]NX
] DXWRPDWF]QP ZãćF]DQLHP JU]HMQLND Z PRPHQFLH SRMDZLH
QLD VLĕ ]DSRWU]HERZDQLD QD FKãRG]HQLH :VWĕSXMć ERZLHP GãX
JLH RNUHV F]DVX JG JU]HMQLN MHVW ZãćF]RQ D RNQR MHVW ]LPQH
,VWQLHMH NLOND UyŧQFK PHWRG SR]ZDODMćFFK ZHOLPLQRZDþ WHQ
SUREOHP
=DZyU VWHUXMćF GOD JU]HMQLND MHVW FHORZR QLHV]F]HOQ D ZLĕF
]DZyU WHQ QLJG QLH EĕG]LH FDãNRZLFLH ]DPNQLĕW SDWU]
² UVXQHN  HOHPHQW
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5VXQHN 
5VXQHN 
5
69
69


69
69
QDWÚĝHQLH
SU]HSïZX
ZRG
REFLÈĝHQLH SRPLHV]F]HQLD
*7
*7 *0
5
*7
ZLOJRWQRĂÊ
Z]JOÚGQD ļ *0
SXQNW URV
VNUDSODQLH
WHPSHUD
WXUD ļ *7
=DOHFHQLD VVWHPRZH L SURMHNWRZH
*U]HMQLN PRŧH Eþ ZNRU]VWZDQ MDNR ÅF]VWµ VSRVyE
QD ]DEH]SLHF]HQLH SU]HG SU]HFLćJDPL SRSU]H] VWHURZDQLH
WHPSHUDWXUć ZRG ]DVLODMćFHM ZãćF]QLH Z RGQLHVLHQLX GR
WHPSHUDWXU SDQXMćFHM QD ]HZQćWU] SRPLHV]F]HQLD *U]HMQLN
MHVW ZWHG ZSRVDŧRQ Z ]DZyU UĕF]Q D WHPSHUDWXUD ZRG
]DVLODMćFHM MHVW UHJXORZDQD ]JRGQLH ] NU]Zć WHPSHUDWXU QD
]HZQćWU] SRPLHV]F]HQLD
6NUDSODQLH
1DMQLŧV]D GRSXV]F]DOQD WHPSHUDWXUD PHGLXP RGELHUDMćFHJR FLH
SãR PXVL Eþ WDN GREUDQD DE RVLćJDQ Eã QDMZLĕNV] PRŧOLZ
GR RVLćJQLĕFLD HIHNW FKãRG]HQLD Z GDQHM EHOFH FKãRG]ćFHM
7D GROQD JUDQLFD MHVW Z]QDF]DQD SU]H] QLHEH]SLHF]HĸVWZR
SRMDZLHQLD VLĕ VNURSOLQ PRJćFFK VLĕ SRMDZLþ Z WHM F]ĕŋFL
VVWHPX PHGLyZ RGELHUDMćFFK FLHSãR Z NWyUHM WHPSHUDWXUD
SRZLHU]FKQLRZD VSDGQLH SRQLŧHM SXQNWX URV GOD RWDF]DMćFHJR
SRZLHWU]D
: RGQLHVLHQLX GR PHGLXP RGELHUDMćFHJR FLHSãR SU]MPXMH
VLĕ ŧH WHPSHUDWXUD ƒ MHVW ZVWDUF]DMćFR ZVRND DE ]DSR
ELHF SRZVWDZDQLX VNURSOLQ Z ZDUXQNDFK QRUPDOQFK
0RJć ]GDU]þ VLĕ MHGQDN WDNLH GQL Z URNX ]ZãDV]F]D
Z VLHUSQLX NLHG ZLOJRWQRŋþ SRZLHWU]D MHVW WDN ZVRND ŧH ]MD
ZLVNR VNUDSODQLD PRŧH ZVWćSLþ MXŧ Z WHPSHUDWXU]H ƒ
6SRVRE ]DSRELHJDQLD SUREOHPRP ]ZLć]DQP ]H VNUDSOD
QLHP Vć QDVWĕSXMćFH
]XMQLN VNUDSODQLD QD UXUDFK GRFKRG]ÈFFK GR EHONL
FKïRG]ÈFHM
'R XU]ćG]HQLD VWHUXMćFHJR SUDFć ]DZRUX FKãRG]ćFHJR QD EHOFH
FKãRG]ćFHM PRŧH Eþ SRGãćF]RQ F]XMQLN VNUDSODQLD SDWU] ² HOH
PHQW
]DPRQWRZDQ QD UXU]H GRSURZDG]DMćFHM PHGLXP
RGELHUDMćFH FLHSãR GR EHONL FKãRG]ćFHM *G F]XMQLN ZNUMH
QLHEH]SLHF]HĸVWZR SRMDZLHQLD VLĕ VNUDSODQLD QD UXU]H W]Q JG
ZLOJRWQRŋþ Z]JOĕGQD SU]HNURF]   ]DZyU VWHUXMćF ]DPNQLH
VLĕ Z ZQLNX F]HJR Z]URŋQLH WHPSHUDWXUD SRZLHU]FKQLRZD QD
UXU]H GRFKRG]ćFHM GR EHONL RUD] QD ZĕŧRZQLF L ]QLNQLH QLHEH]
SLHF]HĸVWZR SRZVWDZDQLD NRQGHQVDFML
=DOHWD =DQLN FKãRG]HQLD ZVWćSL WONR GOD WFK SRPLHV]F]Hĸ
NWyUH EĕGć QDUDŧRQH QD QLHEH]SLHF]HĸVWZR SRMDZLHQLD
VLĕ VNUDSODQLD
:DGD %UDN FKãRG]HQLD Z SRPLHV]F]HQLX
=ZLÚNV]HQLH WHPSHUDWXU PHGLXP RGELHUDMÈFHJR
FLHSïR
:LOJRWQRŋþ SRZLHWU]D MHVW PLHU]RQD ]D SRPRFć F]XMQLND ZLO
JRWQRŋFL Z]JOĕGQHM *0
RUD] F]XMQLND WHPSHUDWXU SRZLHWU]D
*7
3R RNUHŋOHQLX ]DZDUWRŋFL ZRG Z SRZLHWU]X D WP
VDPP SXQNWX URV Z]QDF]RQD ZF]HŋQLHM ZDUWRŋþ RGQLHVLHQLD
WHPSHUDWXU PHGLXP RGELHUDMćFHJR FLHSãR *7
MHVW SU]HVX
ZDQD Z JyUĕ ]JRGQLH ] NU]Zć WDN DE ]DSRELHF SRZVWDQLX
]MDZLVND NRQGHQVDFML SDWU] ² UVXQHN  SRQLŧHM
: ]DOHŧQRŋFL RG ]DVWRVRZDQLD SRPLDU ZLOJRWQRŋFL SRZLHWU]D
PRŧH Eþ GRNRQZDQ Z SRPLHV]F]HQLX DOER QD ]HZQćWU]
3U]HG GRNRQDQLHP WDNLHJR SRPLDUX ZHZQćWU] SRPLHV]F]HQLD
QS GOD SRZLHWU]D XVXZDQHJR QDOHŧ VLĕ XSHZQLþ ŧH ZV]VWNLH
GU]ZL L RNQD Vć ]DPNQLĕWH DE SRZLHWU]H ]HZQĕWU]QH QLH PLDãR
VWF]QRŋFL ] VVWHPHP PHGLyZ RGELHUDMćFFK FLHSãR : LQVWDOD
FMDFK Z NWyUFK RNQD L GU]ZL PRJć Eþ F]ĕVWR RWZLHUDQH WDNL
SRPLDU SRZLQLHQ Eþ SU]HSURZDG]DQ QD ]HZQćWU] SRPLHV]
F]HQLD
=DOHWD -HVW WR SRPLDU RJyOQ NWyU SR]ZDOD QD XQLNQLĕFLH
QLHEH]SLHF]HĸVWZD SRZVWDZDQLD NRQGHQVDFML GOD
FDãHJR EXGQNX MHGQRF]HŋQLH
:DGD (IHNW FKãRG]HQLD XOHJD ]PQLHMV]HQLX Z FDãP EX
GQNX D ZLĕF WDNŧH Z SRPLHV]F]HQLDFK ZPDJDMć
FFK VWDãHJR FKãRG]HQLD Z SHãQP ]DNUHVLH WDNLFK MDN
SRNRMH Z NWyUFK ]QDMGXMć VLĕ NRPSXWHU 3UREOHP
WHQ QLH ZVWĕSXMH MHGQDNŧH Z SU]SDGNX EDUG]R
NUyWNLFK RNUHVyZ WDNLFK SRJRUV]Hĸ
2VXV]DQLH
: EXGQNDFK Z NWyUFK RNQD L GU]ZL Vć ]D]ZF]DM ]DPNQLĕWH
U]NR VNUDSODQLD PRŧQD ZHOLPLQRZDþ SRSU]H] RVXV]DQLH SR
ZLHWU]D QDZLHZDQHJR 6VWHPDWF]QH SU]HSURZDG]DQLH SURFHVX
RVXV]DQLD SRZLHWU]D ZPDJD ]DPRQWRZDQLD ZĕŧRZQLF JU]HZ
F]HM ]D ZĕŧRZQLFć FKãRG]ćFć 3R]ZDOD WR ]DSRELHF ]EW GXŧHPX
VFKãRG]HQLX SRZLHWU]D SR SU]HMŋFLX SU]H] ZĕŧRZQLFĕ FKãRG]ćFć
: FHOX XQLNQLĕFLD U]ND VNUDSODQLD Z GQL R V]F]HJyOQLH GXŧHM
ZLOJRWQRŋFL SRZLHWU]D GOD OHSV]HJR XVXV]HQLD PRŧQD ]DVWRVR
ZDþ GRGDWNRZH FKãRG]HQLH SRZLHWU]D QDZLHZDQHJR EH] SRQRZ
QHJR SRGJU]HZDQLD
=DOHWD 8WU]PDQLH SHãQHM ZGDMQRŋFL FKãRG]HQLD
:DGD 3RPLHV]F]HQLD R QLHZLHONLP REFLćŧHQLX WHUPLF]QP
QS QLH XŧZDQH VDOH NRQIHUHQFMQH ]QDMGXMćFH VLĕ
Z JãĕEL EXGQNX PRJć XOHF ]QDF]QHPX ZFKãRG]HQLX
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5VXQHN  6SRVöE ]DLQVWDORZDQLD VZRERGQLH ]DZLHV]RQHM
EHONL FKïRG]ÈFHM
5VXQHN  6SRVöE ]DLQVWDORZDQLD EHOHN EH]SRĂUHGQLR
Z VXğFLH SRGZLHV]DQP

5VXQHN  6SRVöE ]DLQVWDORZDQLD EHOHN Z VXğFLH SRGZLHV]DQP
SU] XĝFLX VSHFMDOQFK ZLHV]DNöZ
=DOHFHQLD VVWHPRZH L SURMHNWRZH
,QVWDODFMD
%HONL VZRERGQLH ]DZLHV]RQH
%HONL ]DZLHV]RQH VZRERGQLH Vć PRQWRZDQH ]D SRPRFć
VSHFMDOQFK ZLHV]DNyZ LOXE ZVSRUQLNyZ PRFXMćFFK
:V]ĕG]LH JG]LH ZJOćG LQVWDODFML FKãRG]ćFHM PD LVWRWQH
]QDF]HQLH ]DOHFD VLĕ DE ZELHUDþ EHONĕ ] ZGãXŧRQć
REXGRZć SR VWURQLH SRGãćF]DQLD OXE REãRŧHQLH NDQDãyZ
L SU]HZRGyZ UXURZFK WDNć RNãDG]LQć NWyUD ]DNUMH
V]F]HOLQ SRPLĕG] EHONć L ŋFLDQć
7DP JG]LH QLH ]RVWDQLH ]DVWRVRZDQ ŧDGHQ ] SRZŧ
V]FK VSRVREyZ QLH MHVW ]DOHFDQH VWRVRZDQLH SU]HZRGX
JLĕWNLHJR SR VWURQLH SRZLHWU]D D ZV]HONLH SU]HSXVWQLFH
L WãXPLNL DNXVWF]QH SRZLQQ Eþ XPLHV]F]DQH R LOH WR
PRŧOLZH QDG VXÀWHP SRGZLHV]DQP QD NRUWDU]X
-HŋOL VWRVRZDQD MHVW L]RODFMD WSX $UPDÁH[ WR LQVWDODFMD
PRŧH ]RVWDþ SRPDORZDQD :V]HONLH ]HVWDZ ]DZRUyZ
SRZLQQ Eþ R LOH WR PRŧOLZH LQVWDORZDQH QDG VXÀWHP
SRGZLHV]DQP QD NRUWDU]X
,QVWDODFMD ZSXV]F]RQD Z VXğW SRGZLHV]DQ
%HONL NWyUH PDMć Eþ ZSXV]F]RQH Z VXÀW SRGZLHV]DQ
PRJć Eþ LQVWDORZDQH ]D SRPRFć VSHFMDOQFK ZLHV]DNyZ
OXE EH]SRŋUHGQLR GR VWUXNWXU QRŋQHM VXÀWX SRGZLHV]DQHJR
3URFHGXUD LQVWDODFML MHVW QDVWĕSXMćFD
 =DZLHV]HQLH EHONL L ZVWĕSQH MHM XVWDZLHQLH Z REX
SãDV]F]]QDFK
 ,QVWDODFMD NRQVWUXNFML QRŋQHM VXÀWX SRGZLHV]DQHJR
 'RSDVRZDQLH EHOHN GR VWUXNWXU QRŋQHM VXÀWX SRG
ZLHV]DQHJR Z ]DOHŧQRŋFL RG ZPDJDĸ
3RZŧV]D PHWRGD SU]MPXMH MDNR ]DVDGĕ NRQLHF]QRŋþ
SU]HSURZDG]HQLD GZyFK RSHUDFML GOD X]VNDQLD ZãDŋFL
ZHJR ]DPRFRZDQLD EHONL
-HVW LVWRWQH DE ]DUyZQR VDPD EHOND MDN L RVSU]ĕW
LQVWDODFMQ XPRŧOLZLDã UHJXODFMĕ SRãRŧHQLD EHONL
Z NLHUXQNX SLRQRZP ERF]QP L Z]GãXŧQP
%HONL PRJć Eþ XVWXRZDQH Z VWUXNWXU]H QRŋQHM VX
ÀWX SRGZLHV]DQHJR :PLDU HOHPHQWyZ ]DZLHV]HQLD
VWUXNWXU QRŋQHM Vć WDN GREUDQH DE XPRŧOLZLDã RQH
UyZQLHŧ ]DPRQWRZDQLH EHONL FKãRG]ćFHM D WR EDUG]R
F]ĕVWR R]QDF]D ŧH ZPDJDQH EĕGć GRGDWNRZH HOHPHQW
]DZLHV]HQLD
3URFHGXUD LQVWDODFML MHVW QDVWĕSXMćFD
 =DLQVWDORZDQLH NRQVWUXNFML QRŋQHM
 8VWXRZDQLH EHOHN FKãRG]ćFFK
 =DPRFRZDQLH EHOHN FKãRG]ćFFK ]D SRPRFć ŋUXE
GR SURÀOL 7NV]WDãWQFK VWUXNWXU QRŋQHM VXÀWX
3RZŧV]D PHWRGD SU]MPXMH MDNR ]DVDGĕ ŧH GR ]DPRQWR
ZDQLD EHOHN QD VZRLP PLHMVFX ZVWDUF] MHGQD RSHUDFMD
3U]ïÈF]HQLH UXURFLÈJX
1LH]DOHŧQLH RG VSRVREX PRQWDŧX EHOHN FKãRG]ćFFK
]QDF]QH XGRJRGQLHQLH VWDQRZL ]DVWRVRZDQLH SU]HZRGyZ
JLĕWNLFK GR SRãćF]Hĸ : SU]SDGNX PRQWDŧX SRGZLHV]D
QHJR F]ĕVWR ZPDJDQD MHVW SRQRZQD UHJXODFMD : REX
SU]SDGNDFK ]DVWRVRZDQLH SU]HZRGyZ JLĕWNLFK SR]ZDOD
QD ZNRQDQLH LQVWDODFML UXURFLćJX ZUD] RGJDãĕ]LHQLDPL
Z WUDNFLH SRMHGQF]HM RSHUDFML QLH]DOHŧQHM RG PRQWDŧX
VDPHM EHONL 'ãXJRŋþ SU]HZRGX JLĕWNLHJR QDOHŧ ]DZV]H
GRVWRVRZDþ GR ZPDJDĸ GDQHM LQVWDODFML Z WDNL VSRVyE
DE XQLNQćþ QLHSRWU]HEQFK L SRSURZDG]RQFK Z SRSU]HN
ZJLĕþ
3U]ïÈF]HQLH NDQDïX GRSURZDG]DMÈFHJR
SRZLHWU]H
3RGREQLH MDN SU] SU]ãćF]DQLX UXURFLćJX ZNRQDQLH
PRQWDŧX RNDŧH VLĕ SURVWV]H MHŧHOL EHONL EĕGć SRãćF]RQH
] NDQDãHP ]D SRPRFć SU]HZRGX JLĕWNLHJR
3U]HZyG JLĕWNL SRZLQLHQ ZWHG Eþ XãRŧRQ PRŧOL
ZLH Z OLQLL SURVWHM L EH] ZJLĕþ SRSU]HF]QFK XQLNDMćF
Z WHQ VSRVyE QLHSU]HZLGZDOQFK VSDGNyZ FLŋQLHQLD
RUD] GRGDWNRZFK ťUyGHã KDãDVX
%HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
6]HUHJRZH SRïÈF]HQLH EHOHN FKïRG]ÈFFK
%HONL FKãRG]ćFH ]QDMGXMćFH VLĕ Z MHGQP SRPLHV]F]HQLX
PRQWRZDQH Vć QDMF]ĕŋFLHM UyZQROHJOH ] ]DFKRZDQLHP
MHGQDNRZHJR XNãDGX VWURQ GOD SRZLHWU]D L ZRG 1LH
NLHG MHGQDN PRŧQD GZLH EHONL FKãRG]ćFH SRãćF]þ ]H
VREć V]HUHJRZR
: WDNLP SU]SDGNX SLHUZV]D EHOND ]DPRQWRZDQD
]JRGQLH ] NLHUXQNLHP SU]HSãZX SRZLHWU]D PXVL SR
VLDGDþ VSHFÀF]Qć NRQVWUXNFMĕ 3RZLHWU]H PXVL ERZLHP
ZFKRG]Lþ SU]H] MHM GUXJL NRQLHF SDWU]ćF Z NLHUXQNX
SU]HSãZX SRZLHWU]D
D QDVWĕSQLH ZSãZDþ GR QDVWĕSQHM
EHONL
$QDORJLF]QLH ZĕŧRZQLFD ]QDMGXMćFD VLĕ Z SLHUZV]HM
EHOFH PXVL Eþ RGSRZLHGQLR ]DSURMHNWRZDQD DE XPRŧ
OLZLþ SU]HSãZ ZRG GR QDVWĕSQHM EHONL : ]ZLć]NX
] WP SU] VNãDGDQLX ]DPyZLHQLD QDOHŧ ZUDťQLH
]D]QDF]þ ŧH GDQH EHONL PDMć Eþ SRãćF]RQH V]HUHJRZR
3RQDGWR QDOHŧ SDPLĕWDþ ŧH SU] V]HUHJRZP SRãćF]H
QLX EHOHN ] XZDJL QD VSDGHN FLŋQLHQLD SR VWURQLH ZRG
PRŧOLZH MHVW ãćF]HQLH PDNVPDOQLH GZyFK EHOHN
.RQVHUZDFMD
:ĕŧRZQLFD PXVL Eþ ]DPRQWRZDQD Z VSRVyE XPRŧOL
ZLDMćF MHM F]V]F]HQLH 'RWF] WR Z V]F]HJyOQRŋFL WHM
VWURQ ZĕŧRZQLF QD NWyUć QDSãZD FUNXOXMćFH SRZLH
WU]H ] SRPLHV]F]HQLD
: SU]SDGNX EHOHN QDZLHZDMćFFK SRZLHWU]H )OlNW
:RRGV SRZLHWU]H ]QDMGXMćFH VLĕ Z SRPLHV]F]HQLX
GRSãZD GR EHONL RG GRãX 6SRGQLD F]ĕŋþ EHONL MHVW ãDWZR
GRVWĕSQD GR F]V]F]HQLD SR RGFKOHQLX ]DZLDVRZR
]DPRFRZDQHM SãW GROQHM OXE RGVXQLĕFLX MHM QD ERN
: SU]SDGNX EHOHN SDVZQFK JyUQD SRZLHU]FKQLD
ZĕŧRZQLF PXVL Eþ F]V]F]RQD RGNXU]DF]HP
-HŋOL EHOND MHVW ZEXGRZDQD Z VXÀW SRGZLHV]DQ WR
QDMSLHUZ QDOHŧ ]GHPRQWRZDþ NLOND SDQHOL VXÀWRZFK
: SUDNWFH RND]XMH VLĕ ŧH F]V]F]HQLH EDWHULL
SRZLQQR Eþ SU]HSURZDG]DQH FR  ODW
.DQDã SRZLHWU]D QDZLHZDQHJR Z EHONDFK ,4 MHVW GRVWR
VRZDQ GR SU]HSURZDG]DQLD F]V]F]HQLD G]LĕNL ]GHMPR
ZDOQP SRNUZRP GR NWyUFK PRŧQD X]VNDþ GRVWĕS
SR RGFKOHQLX ]DZLDVRZR XPRFRZDQHM GROQHM SãW OXE
RGVXQLĕFLX MHM QD ERN ']LĕNL ]DVWRVRZDQLX ZVRNLHM
MDNRŋFL ÀOWUD GRNãDGQHJR RF]V]F]DQLD Z XU]ćG]HQLX
QDZLHZDMćFP SRZLHWU]H WDNLH F]V]F]HQLH SRZLQQR VLĕ
SU]HSURZDG]Dþ PQLHM ZLĕFHM FR  ODW
2]QDF]HQLD L QD]Z VWRVRZDQH Z RGQLHVLHQLX
GR HOHPHQWöZ VVWHPX
2EZöG RELHJX SLHUZRWQHJR L ZWöUQHJR
: VVWHPDFK FKãRG]HQLD ]GDOQHJR VWURQć SLHUZRWQć
QD]ZD VLĕ VWURQĕ GRVWDUF]DMćFć HQHUJLĕ GR ZPLHQQLND
FLHSãD QDWRPLDVW VWURQć ZWyUQć RNUHŋOD VLĕ VWURQĕ ZãDŋFL
FLHOD EXGQNX
: VVWHPDFK SRVLDGDMćFFK VZRMH ZãDVQH XU]ćG]HQLH
FKãRG]ćFH REZyG RELHJX JãyZQHJR W]Q REZyG
Z NWyUP ]QDMGXMH VLĕ FKãRG]LDUND WDNŧH PRŧH Eþ
QD]ZDQ REZRGHP SLHUZRWQP
: NDŧGP VVWHPLH XSXVWyZ PRŧQD UyZQLHŧ PyZLþ
R VWURQLH SLHUZRWQHM L VWURQLH ZWyUQHM SU] F]P VWURQD
SLHUZRWQD MHVW SRGãćF]DQD GR VVWHPX ]DVLODQLD QDWR
PLDVW VWURQD ZWyUQD ² GR RGELRUF
2EZöG JïöZQ
2EZyG Z VNãDG NWyUHJR ZFKRG]L SRPSD JãyZQD
/LQLD JïöZQD
-HVW WR SU]HZyG Z REZRG]LH JãyZQP OXE GXŧ SU]HZyG
]DVLODMćF SURZDG]ćF GR EXGQNX OXE F]ĕŋFL EXGQNX
/LQLD ERF]QD
-HVW WR SU]HZyG SLRQRZ RVDG]RQ Z RWZRU]H NROXPQ
OXE UXU SU]H] DQDORJLĕ GR SQLD GU]HZD
2GJDïÚ]LHQLH
7DN QD]ZDP SU]HZRG RGJDãĕťQH RG PDJLVWUDOL JãyZ
QHM UR]FKRG]ćFH VLĕ QD SR]LRPLH SRGãRJL SU]H] DQDORJLĕ
GR JDãĕ]L GU]HZD
.RPSRQHQW
=DZyU VWHUXMćF 69
]DZyU ] VLãRZQLNLHP
GR VWHURZDQLD DXWRPD
WF]QHJR
=DZyU VWHUXMćF 59
]DZyU XPRŧOLZLDMćF
GRUHJXORZDQLH
=DZyU RGFLQDMćF $9
]DZyU VãXŧćF GR ]D
PNQLĕFLH SU]HZRGX
=DZyU RGSRZLHWU]DMćF $/
]DZyU VãXŧćF GR RGSR
ZLHWU]DQLD SU]HZRGX
3RGVWDZRZHIXQNFMH
)XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
LN† FN†
LN† FN†IN† IN†
LN† FN†FN† LN†
I .f5f /
EI .f5f/
)XQNFMD UHJXODFML NRPIRUWX
'RVWÚSQD Z EHONDFK
FKïRG]ÈFFK
‡ ,4,'
‡ ,4)'
‡ ,4)(
‡ ,46$
‡ ,47$
‡ ,4$
2SUDFRZDQD SU]H] ÀUPĕ )OlNW :RRGV XQLNDOQD PHWRGD UHJXODFML NRPIRUWX
XãDWZLD GRVWURMHQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D
3U] XŧFLX RSDWHQWRZDQFK V]Q GRSDVRZXMćFFK QDWĕŧHQLH SU]HSãZX
SRZLHWU]D PRŧH Eþ UHJXORZDQH SRSU]H] ]PLHQLDQLH GãXJRŋFL RWZRUyZ
QDZLHZQFK 'RGDWNRZH VWRVRZDQLH SU]HSXVWQLF UHJXODFMQHM ]D]ZF]DM QLH
MHVW NRQLHF]QH
5HJXORZDQH GãXJRŋFL RWZRUyZ SR]ZDODMć QD ]UyŧQLFRZDQLH VSRVREyZ
UR]SURZDG]DQLD SRZLHWU]D SRãRŧHQLH MHGQRGURJRZH GZXGURJRZH L SRãRŧH
QLD SRŋUHGQLH
3URVWD UHJXODFMD GVWUEXFML SRZLHWU]D L ZGDMQRŋFL XPRŧOLZLD
SU]V]ãH ]DDGDSWRZDQLH XU]ćG]HQLD GR ]PLHQLRQFK ZDUXQNyZ 3U]HG
GRVWDZć GãXJRŋFL RWZRUyZ Vć XVWDZLDQH QD PDNVPDOQH PRŧOLZH RWZDUFLH
FR VWDQRZL SXQNW ZMŋFLD GR HZHQWXDOQFK SyťQLHMV]FK GRVWURMHĸ
:ïDVQRĂFL
‡ 8SURV]F]RQH GRVWUDMDQLH
QDWĕŧHQLD SU]HSãZX SRZLHWU]D
‡ 5HJXODFMD NRPIRUWX MHVW
GRVWRVRZDQD GR RGSRZLHGQLHJR
URG]DMX EHONL FKãRG]ćFHM D ZLĕF GOD
UyŧQFK EHOHN FKãRG]ćFFK QLH MHVW
UHDOL]RZDQD Z VSRVyE LGHQWF]Q
‡ âDWZRŋþ ]PLDQ QDWĕŧHQLD
SU]HSãZX SRZLHWU]D Z SU]SDGNX
]PLHQLRQFK ZDUXQNyZ
‡ 5HJXORZDQH GãXJRŋFL RWZRUyZ
XPRŧOLZLDMć X]VNDQLH UyŧQFK
VSRVREyZ UR]SURZDG]DQLD
SRZLHWU]D SRãRŧHQLH MHGQRGUR
JRZH GZXGURJRZH L SRãRŧHQLD
SRŋUHGQLH
3U]NïDG NRGX ZUREX
0RŧOLZRŋþ PRQWDŧX Z PRGHODFK
,4)' ,4)( ,4$ ,47$ RUD]
,46$ : SU]SDGNX PRGHOX ,4,'
² ZEyU Z UDPDFK NRGX JãyZQHJR
)XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
zETF
zETL
zFTH
zGTN
zGTJ
ENxEN
IxI
GxG
EKxEK
MxM
JxJ
HxH
EGxEG
LxL
JxJ
IxI
EKxEK
EExEE
MxM
KxK
EHxEH
EExEE
MxM
EJxEJ
EGxEG
EExEE
EIxEI
EGxEG
ELxEL
EHxEH
 j/ k
I
EN
EN
FN
EI
GN
FN
HN
FI
IN
GN
JN
GI
KN
HN
LN
HI
MN 3 j.f5 k
E // F //
GEJNGLJhFENE
IN II
ExF j62zKN # k
EJxEJ ELxEL
HxH


5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH
GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D
5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,4,'
3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR
QD FDãHM GãXJRŋFL EHONL ZQRV]ćF  3D
'ïXJRĂÊ
EHONL P
1DWÚĝHQLH SU]H
SïZX SRZLHWU]D
GRSURZDG]DQHJR OV
VWDQGDUGRZHZVRNLH
'ïXJRĂÊ RWZRUX PP
'VWUEXFMD
GZXGURJRZD
'VWUEXFMD
  
'VWUEXFMD
MHGQRGURJRZD

         
         
     

         
         
       
     

      
         
         
       
      
     

         
         
         
       
       
     
     

         
         
         
       
       
       
     
     

 )XQNFMD ķ:ĝV]H QDWÚĝHQLD SU]HSïZX SRZLHWU]Dĵ GOD PRGHOX ,4,' MHVW
RIHURZDQD QD ĝÈGDQLH
6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD
GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL
RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 
2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM
VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX FLŋQLHQLD QD
FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH SU]HSãZX
SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX SRZLHWU]D
1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH VLĕ
HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ ]D]QD
F]þ XVWDZLRQH GãXJRŋFL RWZRUyZ SDWU] ² UVXQHN 
5VXQHN  'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR VXPD GïXJRĂFL GZöFK
SU]HFLZOHJïFK RWZRUöZ
5VXQHN  (WNLHWND GR UHMHVWURZDQLD ]PLHQLRQFK GïXJRĂFL RWZRUöZ
'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX
SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD
ZbPRGHOX ,4,'
%HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL
ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ
SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã
F]QQLN HIHNWX PRŧQD ]QDOHťþ Z WDEHOL SRQLŧHM
'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD
GRSURZDG]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN
NRUJXMćF MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć
Z WDEHODFK URG]DMX GVWUEXFML NWyUH PRŧQD ]QDOHťþ
Z GRNXPHQWDFML EHONL FKãRG]ćFHM ,4,'
5RG]DM
GVWUEXFML
'ïXJRĂÊ
EHONL P
0DNVPDOQH
QDWÚĝHQLH SU]HSïZX
GRSURZDG]DQHJR
SRZLHWU]D OV
:VSöïF]QQLN
NRUJXMÈF
VSUDZQRĂÊ
-HGQRGURJRZD
  
  
  
  
  
 ļ
)XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
/ 
/ 
/ 
/ 
/ 













 // 3  3D
/ P
TOV
/ PP / PP




















-
/ /
5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH
GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D
5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,46$
3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR
QD FDãHM GãXJRŋFL EHONL ZQRV]ćF  3D
'ïXJRĂÊ
EHONL P
1DWÚĝHQLH
SU]HSïZX
SRZLHWU]D
GRSURZD
G]DQHJR OV
VWDQGDUGR
ZHZVRNLH
'ïXJRĂÊ RWZRUX PP
'VWUEXFMD
GZXGURJRZD
'VWUEXFMD
  
'VWUEXFMD
MHGQRGURJRZD
         
        
     

         
         
     
     

         
         
     
     

     
         
         
       
     
     
         
         
         
        
       
     
     
6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD
GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL
RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 
2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR
SUDZHM VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX
FLŋQLHQLD QD FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH
SU]HSãZX SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX
SRZLHWU]D
1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH
VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ
]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ SDWU] ² UVXQHN 
5VXQHN  8VWDZLDQLH GïXJRĂFL RWZRUX 'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR
VXPD GïXJRĂFL GZöFK SU]HFLZOHJïFK RWZRUöZ
,46$
5VXQHN  (WNLHWND GR UHMHVWURZDQLD ]PLHQLRQFK GïXJRĂFL RWZRUöZ
'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX
SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD
Z PRGHOX ,46$
%HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL
ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ
SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã
F]QQLN HIHNWX PRŧQD ]QDOHťþ Z WDEHOL SRQLŧHM
'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD
GRSURZDG]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN
NRUJXMćF MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć
Z WDEHODFK URG]DMX GVWUEXFML NWyUH PRŧQD ]QDOHťþ
Z GRNXPHQWDFML EHONL FKãRG]ćFHM ,46$
5RG]DM
GVWUEXFML
'ïXJRĂÊ
EHONL P
0DNVPDOQH
QDWÚĝHQLH SU]HSïZX
GRSURZDG]DQHJR
SRZLHWU]D OV
:VSöïF]QQLN
NRUJXMÈF
VSUDZQRĂÊ
-HGQRGURJRZD
  
  
  
  
 ļ
)XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH
GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D
5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,4)',4)(
3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD
FDãHM GãXJRŋFL EHONL ZQRV]ćF  3D
'ïXJRĂÊ
EHONL P
1DWÚĝHQLH
SU]HSïZX
SRZLHWU]D
GRSURZD
G]DQHJR OV
VWDQGDUGR
ZHZVRNLH
'ïXJRĂÊ RWZRUX PP
'VWUEXFMD
GZXGURJRZD
'VWUEXFMD
  
'VWUEXFMD
MHGQRGURJRZD
   
    
   

   
   
   
   

   
   
   
   
   
   
    
   
   
   
   
6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD
GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL
RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 
2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM
VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX FLŋQLHQLD QD
FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH SU]HSãZX
SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX SRZLHWU]D
1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH
VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ
]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ
5VXQHN  'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR VXPD GïXJRĂFL GZöFK
SU]HFLZOHJïFK RWZRUöZ
'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX
SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD
Z PRGHOX ,4)' ,4)(
%HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL
ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ
SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã
F]QQLN HIHNWX PRŧQD ]QDOHťþ Z NROXPQLH SR SUDZHM
'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD GRSURZD
G]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN NRUJXMćF
MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć Z WDEHODFK URG]DMX
GVWUEXFML QD SRSU]HGQLHM VWURQLH
5RG]DM
GVWUEXFML
'ïXJRĂÊ
EHONL P
0DNVPDOQH
QDWÚĝHQLH SU]HSïZX
GRSURZDG]DQHJR
SRZLHWU]D OV
:VSöïF]QQLN
NRUJXMÈF
VSUDZQRĂÊ
-HGQRGURJRZD
  
  
  
  
  
  
  
  
  
5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,47$
3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD
FDãHM GãXJRŋFL EHONL ZQRV]ćF  3D
'ïXJRĂÊ
EHONL P
1DWÚĝHQLH
SU]HSïZX SRZLHWU]D
GRSURZDG]DQHJR OV
VWDQGDUGRZHZVRNLH
'ïXJRĂÊ RWZRUX PP
'VWUEXFMD MHGQRGURJRZD

 
 
 
 

 
 
 
 
 
 
 
 
 
  
 
 
 
1D EHOFH QD ZHZQĕWU]QHM ŋFLDQFH GU]ZLF]HN LQVSHN
FMQFK ]QDMGXMH VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX
UHJXODFML QDOHŧ ]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
)XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX '$1( 7(+1,=1(
)XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX
:ïDVQRĂFL
‡ 8PRŧOLZLD ]ZLĕNV]HQLH QDWĕŧH
QLD SU]HSãZX SRZLHWU]D L PRF
FKãRGQLF]HM EHONL GOD GDQHJR VSDG
NX FLŋQLHQLD Z SRUyZQDQLX ]H
VWDQGDUGRZć EHONć
‡ =ZLĕNV]D HODVWF]QRŋþ EHONL FKãR
G]ćFHM
3U]NïDG ]DPöZLHQLD
.RG GOD WHM IXQNFML RGSRZLDGDMćFH
ZHUVML EHONL ] SRGZyMQP U]ĕGHP
RWZRUyZ QDZLHZQFK Vć ]UyŧQLFRZD
QH Z ]DOHŧQRŋFL RG NRQNUHWQHJR WSX
EHONL 'RNãDGQH NRG Vć ]GHÀQLRZDQH
Z NDUFLH NDWDORJRZHM GDQHM EHONL
: FHOX X]VNDQLD ]ZLĕNV]RQHJR QDWĕŧHQLD SU]HSãZX EHONL VHULL ,4 PRJć Eþ
GRVWDUF]RQH ] GZRPD U]ĕGDPL RWZRUyZ QDZLHZQFK SR REX VWURQDFK EHONL
=ZLĕNV]RQ SU]HSãZ PRŧH Eþ ZPDJDQ JG LQGZLGXDOQH ]DSRWU]HER
ZDQLH QD LORŋþ SRZLHWU]D Z SRPLHV]F]HQLX MHVW EDUG]LHM LVWRWQH QLŧ ZPDJDQD
GOD WHJR SRPLHV]F]HQLD PRF FKãRGQLF]D L ]ZLć]DQD ] QLć ZGDMQRŋþ EHONL
: SRUyZQDQLX GR EHOHN ,4 ] SRMHGQF]PL U]ĕGDPL RWZRUyZ QDZLHZQFK
EHONL GZXU]ĕGRZH RVLćJDMć ZŧV]H ZGDMQRŋFL SRZLHWU]D SLHUZRWQHJR RUD]
ZŧV]H PRFH FKãRGQLF]H ]ZLć]DQH ] PRFć FKãRGQLF]ć SRZLHWU]D QDZLHZDQH
JR
GOD GDQHJR VSDGNX FLŋQLHQLD KGUDXOLF]QHJR
=ZLĕNV]RQH QDWĕŧHQLH SU]HSãZX SRGZyMQ U]ćG RWZRUyZ QDZLHZQFK
PRŧH Eþ GREUDQH ]D SRPRFć SURJUDPX GRERUX ([6HO$LU GRVWĕSQHJR QD VWUR
QLH LQWHUQHWRZHM ÀUP )OlNW :RRGV
'RVWÚSQD
Z EHONDFK
FKïRG]ÈFFK
O ,4,'
O ,4)'
O ,4)(
O ,47$
O ,46$
: FHOX X]VNDQLD GRNïDGQFK GDQFK GRWF]ÈFFK ZDUWRĂFL SU]HSïZX L PRF FKïRGQLF]HM GOD EHOHN VHULL ,4 SURVLP VNRU]VWDÊ ] SURJUDPX GRERUX
([6HO$LU ZZZĠDNWZRRGVFRPH[VHODLU
3U]NïDGRZH VFKHPDW GRERUX
,4,'
:NUHV SRND]XMÈ SU]EOLĝRQ HIHNW FKïRG]HQLD 3WRW Zb: SU] QDWÚĝHQLX SU]HSïZX ZRG TZ  OV UöĝQLF WHPSHUDWXU SRPLÚG]
SRZLHWU]HP ZbSRPLHV]F]HQLX DbSRZLHWU]HP QDZLHZDQP 6W Ş SU] VSDGNX FLĂQLHQLD  3D SR VWURQLH SRZLHWU]D LbSU]
PDNVPDOQP SR]LRPLH FLĂQLHQLD DNXVWF]QHJR /$  G%$
500
0
2010 30 40 50 60 9070 80
1000
1500
2000
IQID-300
IQID-240
IQID-180
IQID-120
Efekt chłodzenia w W z uwzględnieniem powietrza nawiewanego
Natężenie przepływu powietrza nawiewanego, l/s
):*BKLOOHG%HDPVB)XQFWLRQ+LJKDLUĠRZ7HFKQLFDOGDWDBB*%B
0
0 10 20 30 40 50 60
500
1000
1400
Efekt chłodzenia w W z uwzględnieniem powietrza nawiewanego
Natężenie przepływu powietrza nawiewanego, l/s
IQFD/E-300
IQFD/E-240
IQFD/E-180
IQFD/E-120
,4)',4)(
)XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
'$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
)XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
'RVWÚSQD Z EHONDFK
FKïRG]ÈFFK
‡ ,4,'
‡ ,4) ,4)' ,4)(
‡ ,47$
‡ $675$
‡ 67(//$
)XQNFMD )3 )ORZ 3DWWHUQ RQWURO ² VWHURZDQLH NLHUXQNLHP QDZLHZX
SU]H
ZLG]LDQD GOD EHOHN FKãRG]ćFFK ,4 ]DSHZQLD ZVRNć HODVWF]QRŋþ G]LDãDQLD
3RãćF]HQLH IXQNFML VWHURZDQLD NLHUXQNLHP QDZLHZX )3
L RSDWHQWRZDQHM
IXQNFML UHJXODFML NRPIRUWX SR]ZDOD QD X]VNLZDQLH SU]H] EHONL ,4 XQLNDOQFK
FKDUDNWHUVWN SUDF
)XQNFMD )3 GDMH PRŧOLZRŋþ VWHURZDQLD UR]SãZHP SRZLHWU]D SRG Uyŧ
QPL NćWDPL
SRSU]H] ZEXGRZDQH ãRSDWNL L V]Q GRSDVRZXMćFH
5yŧQH NLHUXQNL UR]SãZX PRJć Eþ X]VNLZDQH GOD  PP RGFLQNyZ EHONL
5R]SãZ SRZLHWU]D QD EHOFH PRŧH Eþ ãDWZR UHJXORZDQ
%HONL ,4 ] IXQNFMć )3 Vć ]RSWPDOL]RZDQH SRG NćWHP PLQLPDOQHJR
SR]LRPX KDãDVX L VSDGNX FLŋQLHQLD
:ïDVQRĂFL SURGXNWX
‡ )XQNFMD )3 VWHURZDQLH NLHUXQ
NLHP QDZLHZX
MHVW GRVWĕSQD Z
DNWZQFK EHONDFK FKãRG]ćFFK
VHULL )OH[LFRRO L L4 6WDU
‡ 1DWĕŧHQLH SU]HSãZX SRZLHWU]D
PRŧH Eþ UHJXORZDQH Z ]DNUHVLH
GR ƒ ]D SRPRFć ZEXGRZDQFK
ãRSDWHN L V]Q GRSDVRZXMćFFK
‡ 5yŧQH NLHUXQNL UR]SãZX PRJć
Eþ X]VNLZDQH GOD  PP
RGFLQNyZ EHONL
3U]NïDG NRGX ZUREX
:EyU IXQNFML RJU]HZDQLD QDOHŧ
]D]QDF]þ Z NRG]LH JãyZQP
RGSRZLHGQLHM EHONL FKãRGQLF]HM
)XQNFMD )3 PRŧH ]RVWDþ ]DPyZLR
QD RGG]LHOQLH WDNŧH Z SyťQLHMV]P
WHUPLQLH :LĕFHM LQIRUPDFML QD WHQ
WHPDW PRŧQD X]VNDþ Z QDV]FK
SU]HGVWDZLFLHOVWZDFK KDQGORZFK
)XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
'$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
5V 
5V 
5V 
5V 
Ş
       
ŞŞ Ş
Ş Ş
3U]NïDG PRQWDĝX ZGDMQRĂÊ FKïRG]HQLD
.LHURZQLFD SRZLHWU]D )OlNW :RRGV ZNRU]VWZDQD
SU]H] IXQNFMĕ )3 MHVW HOHPHQWHP SR]ZDODMćFP QD
XVWDZLDQLH NLHUXQNX SRZLHWU]D SRG UyŧQPL NćWDPL
)XQNFMD )3 MHVW ãDWZD Z REVãXG]H L PRŧH Z SURVW
VSRVyE UHDOL]RZDþ ]PLDQ UR]SãZX SRZLHWU]D
3U]NïDGRZ PRQWDĝ EHONL ] NLHURZQLFÈ SRZLHWU]D
GOD IXQNFML )3 RUD] UHJXODFMÈ VWRSQLD NRPIRUWX
1D UVXQNX  SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF XVWD
ZLHQLH NLHUXQNX SRZLHWU]D SRG NćWHP ƒ Z REX NLH
UXQNDFK RUD] QDWĕŧHQLH SU]HSãZX SRZLHWU]D Z UDPDFK
IXQNFML UHJXODFML NRPIRUWX ² QD ZDUWRŋþ Å   µ
7DNLH XVWDZLHQLD ]DSHZQLć ZGDMQć L NRPIRUWRZć GV
WUEXFMĕ SRZLHWU]D Z SRPLHV]F]HQLX
1D UVXQNX  SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF X]
VNDQLH ZVRNLHJR QDWĕŧHQLD SU]HSãZX SRZLHWU]D 1D
VWDZD IXQNFML UHJXODFML NRPIRUWX GDOHM SR]RVWDMH Z SR
ãRŧHQLX Å   µ QDWRPLDVW NLHURZQLFH SRZLHWU]D Vć
XVWDZLRQH RGSRZLHGQLR QD ƒ Z REX NLHUXQNDFK RUD]
QD ƒ Z MHGQP NLHUXQNX
1D UVXQNX  SU]HGVWDZLRQR PRQWDŧ UHDOL]XMćF SU]HEXGR
Zĕ XNãDGX QD SU]NãDG SR SRGMĕFLX GHF]ML R XPLHV]F]HQLX
EHONL FKãRG]ćFHM ]D ÀODUHP 1DVWDZ UHJXODFML NRPIRUWX Vć
XVWDZLRQH RGSRZLHGQLR QD  L   NLHURZQLFH SRZLH
WU]D Vć XVWDZLRQH SRG NćWDPL ƒ L ƒ
1D UVXQNX  SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF
XVWDZLHQLH QDVWDZ UHJXODFML NRPIRUWX RGSRZLHGQLR QD
 L   7DNL PRQWDŧ MHVW RGSRZLHGQL Z VWXDFML JG
FKFHP XQLNQćþ SU]HFLćJyZ QS JG EHOND FKãRG]ćFD MHVW
XVWXRZDQD Z SREOLŧX ELXUND .LHURZQLFH SRZLHWU]D Vć
XVWDZLRQH SRG NćWHP ƒ Z REX NLHUXQNDFK
:GDMQRĂÊ FKïRG]HQLD
)XQNFMD )3 REQLŧD ZGDMQRŋþ FKãRG]HQLD EHONL FKãRG]ć
FHM R RNRãR   Z ]DOHŧQRŋFL RG QDWĕŧHQLD SU]HSãZX
VSDGNX FLŋQLHQLD RUD] NćWD XVWDZLHQLD )3 )XQNFMD )3
QLH ZSãZD QD SR]LRP KDãDVX
: FHOX X]VNDQLD GRGDWNRZFK LQIRUPDFML QDOHŧ
]DSR]QDþ VLĕ ] QDV]P SURJUDPHP GRERUX SURGXNWX
OXE VNRQWDNWRZDþ ] MHGQP ] QDV]FK SU]HGVWDZLFLHOVWZ
KDQGORZFK
)XQNFMD RJU]HZDQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
):*BKLOOHG%HDPVB)XQFWLRQ+HDWLQJ7HFKQLFDOGDWDBB*%B
)XQNFMD RJU]HZDQLD
'RVWÚSQD Z EHONDFK
FKïRG]ÈFFK
‡ ,4,'
‡ ,4) ,4)' ,4)(
‡ ,46$
‡ ,47$
‡ $675$
‡ 67(//$
%HONL FKãRG]ćFH Vć QLHNLHG VWRVRZDQH ]DPLDVW JU]HMQLNyZ OXE MDNR X]XSHã
QLDMćFH ťUyGãR JU]HZF]H GOD RJU]HZDQLD SRPLHV]F]Hĸ : WDNLFK SU]SDGNDFK
RSU]U]ćGRZDQLH EHONL MHVW ZSRVDŧRQH Z GRGDWNRZ REZyG RELHJX JRUćFHM
ZRG NWyU FKDUDNWHU]XMH VLĕ ZVRNć ZGDMQRŋFLć FLHSOQć SU] XWU]PDQLX
QRUPDOQHM WHPSHUDWXU GRVWDUF]DQHM ZRG *G REZyG JU]DQLD Z EHOFH
FKãRG]ćFHM MHVW ZNRU]VWZDQ WR WHPSHUDWXUD GRSURZDG]DQHJR SRZLHWU]D
MHVW ]EW ZVRND D ZHQWODFMD ÅSU]HORWRZDµ Z SRPLHV]F]HQLX XOHJD QLH]QDF]
QHPX SRJRUV]HQLX Z SRUyZQDQLX ] VWXDFMć ZVWĕSXMćFć SRGF]DV FKãRG]HQLD
5yŧQLFD WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP QLH]QDF]QLH Z]URŋQLH
)XQNFMD RJU]HZDQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
   
'DQH WHFKQLF]QH GRWF]ÈFH HIHNWX JU]HZF]HJR
,4)' L ,4)(
(IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM
SU] VSDGNX FLĂQLHQLD VWDWF]QHJR  3D
SR VWURQLH SRZLHWU]D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
,4,'
(IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM
SU] VSDGNX FLĂQLHQLD VWDWF]QHJR  3D
SR VWURQLH SRZLHWU]D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
)XQNFMD RJU]HZDQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
TO OV
3FRLO : ļ 6W Ş
  
   
   
   
   
   
   
   
,47$
(IHNW JU]DQLD GOD MHGQRGURJRZHM EHONL
FKïRG]ÈFHM SU] VSDGNX FLĂQLHQLD VWDWF]QHJR
 3D SR VWURQLH SRZLHWU]D
'ïXJRĂÊ EHONL
 P GïXJRĂÊ ZÚĝRZQLF  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL    P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
,,46$
(IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM
SU] VSDGNX FLĂQLHQLD VWDWF]QHJR  3D
SR VWURQLH SRZLHWU]D
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL
 P GïXJRĂÊ ZÚĝRZQLF  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'ïXJRĂÊ EHONL
 P GïXJRĂÊ ZÚĝRZQLF  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
%H] SU]HGãXŧRQHM REXGRZ
'ïXJRĂÊ EHONL  P
1DWĕŧHQLH SU]HSãZX ZRG TZ
 OV
6SDGHN FLŋQLHQLD ZRG ¨SZ
 N3D
'DQH WHFKQLF]QH GRWF]ÈFH HIHNWX JU]HZF]HJR
)XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
)XQNFMD RĂZLHWOHQLD
'RVWÚSQD Z EHONDFK
FKïRG]ÈFFK
‡ ,4,'
‡ ,4) ,4)' ,4)(
‡ 43'$
‡ $675$
‡ 67(//$
: QLHNWyUFK VWXDFMDFK SRMDZLD VLĕ ZPDJDQLH DE EHONL FKãRG]ćFH Eã
ZSRVDŧRQH Z IXQNFMĕ RŋZLHWOHQLD 3RMHGQF]D EHOND EĕG]LH ZWHG SRVLDGDþ
NLOND UyŧQFK IXQNFML D RG]VNDQD SRZLHU]FKQLD VXÀWX EĕG]LH PRJãD Eþ
ZNRU]VWDQD GR LQQFK FHOyZ 7DNLH UR]ZLć]DQLH SR]ZROL ]UHGXNRZDþ
NRV]W ERZLHP PRŧQD ]DLQVWDORZDþ PQLHM UyŧQFK HOHPHQWyZ
1DMSURVWV]P UR]ZLć]DQLHP MHVW RŋZLHWOHQLH SRŋUHGQLH JG ŋZLDWãR
] ŧDUyZHN ]DPRFRZDQFK Z XFKZWDFK EĕG]LH NLHURZDQH Z JyUĕ
Z NLHUXQNX VXÀWX L RGELMDQH RG QLHJR Z Gyã QD FDãH SRPLHV]F]HQLH :LĕNV]H
ZPDJDQLD ZVWĕSXMć Z SU]SDGNX RŋZLHWOHQLD EH]SRŋUHGQLHJR 'RWF]ć
RQH ]DUyZQR ZLĕNV]HJR QDWĕŧHQLD RŋZLHWOHQLD VNLHURZDQHJR QD SU]NãDG
QD SRZLHU]FKQLĕ PLHMVFD SUDF MDN L SRZLHWU]D ZSãZDMćFHJR ] EHONL
L VNXWHF]QLH ZHQWOXMćFHJR XŧWNRZDQć VWUHIĕ SRPLHV]F]HQLD EH] SRMDZLDQLD
VLĕ SU]HFLćJyZ : WDNLP SU]SDGNX QLH]EĕGQH MHVW ]QDOH]LHQLH ZãDŋFLZHJR
XVWXRZDQLD EHONL DE MHM SUDFD JZDUDQWRZDãD ]DUyZQR ZãDŋFLZH QDWĕŧHQLH
RŋZLHWOHQLD MDN L RGSRZLHGQL NRPIRUW ZHQWODFML
:ïDVQRĂFL
‡ /DPSD ÁXRUHVFHQFMQD
ŋZLHWOyZND
7 GR RŋZLHWOHQLD
EH]SRŋUHGQLHJR OXE SRŋUHGQLHJR
‡ 3U]HZyG ]DVLODMćF PRŧH Eþ
GRVWDUF]DQ ZUD] ]H ]ZNãć
ZWF]Nć ] ZWF]Nć VVWHPX
(QVWR OXE ZWF]Nć :LHODQGD
‡ /DPSD ÁXRUHVFHQFMQD MHVW
RIHURZDQD Z GZyFK ZHUVMDFK
SR]LRPX PRF +( QRUPDOQ
VWUXPLHĸ ŋZLHWOQ
RUD] +2
]ZLĕNV]RQ VWUXPLHĸ ŋZLHWOQ
Z ]DOHŧQRŋFL RG WHJR MDNLH QDWĕ
ŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH
3U]NïDG ]DPöZLHQLD
,4$=
)XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
'ïXJRĂÊ
EHONL P
'ïXJRĂÊ
RSUDZNL PP
,ORĂÊ
RSUDZHN
0RF
ZMĂFLRZD :
   
   
   
   
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş Ş Ş ŞŞ
Ş Ş Ş ŞŞ





FG  OP
/06

.U]ZD UR]VïX ĂZLDWïD
/ 
/ 
/ 
/ 
%HOND ,4,' ] RĂZLHWOHQLHP EH]SRĂUHGQLP
%HOND ,4,' PRŧH Eþ ZSRVDŧRQD Z IXQNFMĕ RŋZLHWOHQLD
2SUDZND ŧDUyZNL MHVW XPLHV]F]RQD FHQWUDOQLH Z EHOFH
FKãRG]ćFHM 2SUDZND PD DOER  PP DOER 
PP GãXJRŋFL Z ]DOHŧQRŋFL RG GãXJRŋFL VDPHM EHONL
: SRQLŧV]HM WDEHOL SRGDQR LORŋFL RUD] GãXJRŋFL RSUDZHN
Z ]DOHŧQRŋFL RG GãXJRŋFL EHONL FKãRG]ćFHM
2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ
FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK
SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
RUD]
+2 ]ZLĕNV]RQ VWUXPLHĸ ŋZLHWOQ
Z ]DOHŧQRŋFL RG
WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +(
MHVW SU]HZLG]LDQ GOD RSUDZHN  PP  : RUD] GOD
RSUDZHN  PP  : 7S +2 MHVW SU]HZLG]LDQ GOD
RSUDZHN  PP  : RUD] GOD RSUDZHN  PP
 : 7HPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFMQHM
ZQRVL  . 3U]HZyG ]DVLODMćF PRŧH Eþ
GRVWDUF]DQ ZUD] ]H ]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX
(QVWR OXE ZWF]Nć :LHODQGD
=DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD
ZGDMQRŋþ EHONL FKãRG]ćFHM
:PLDU
)XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
0D[    
0D[    

Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş
Ş Ş Ş ŞŞ
Ş Ş Ş ŞŞ





FG OP
/06

.U]ZD UR]VïX ĂZLDWïD
 
0RGHO ,46$ ZSURGXNRZDQ QD ]DPöZLHQLH
NOLHQWD ZSRVDĝRQ Z RĂZLHWOHQLH EH]SRĂUHGQLH
'ïXJRĂÊ
EHONL P
'ïXJRĂÊ
RSUDZNL PP
,ORĂÊ
RSUDZHN
0RF
ZMĂFLRZD :
3DVZQD EHOND FKãRG]ćFD 43'$ MHVW ZWZDU]DQD QD
]DPyZLHQLH NOLHQWD L PRŧH ]RVWDþ ZSRVDŧRQD Z IXQNFMĕ
RŋZLHWOHQLD 2SUDZND ODPS MHVW XPLHV]F]DQD SRŋURGNX
EHONL FKãRG]ćFHM 2SUDZND PD GãXJRŋþ  PP
: SRQLŧV]HM WDEHOL SRGDQR LORŋFL RSUDZHN Z ]DOHŧQRŋFL
RG GãXJRŋFL EHONL FKãRG]ćFHM
2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ
FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK
SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
RUD]
+2 ]ZLĕNV]RQ VWUXPLHĸ ŋZLHWOQ
Z ]DOHŧQRŋFL RG
WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +(
PD PRF  : D WS +2 PRF  : 7HPSHUDWXUD EDUZR
ZD ODPS ÁXRUHVFHQFMQHM ZQRVL  .
3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H
]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć
:LHODQGD
=DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD
ZGDMQRŋþ EHONL FKãRG]ćFHM
:PLDU
%HOND 43'$ ] RĂZLHWOHQLHP EH]SRĂUHGQLP
)XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
$
$
'ïXJRĂÊ EHONL
((
  
 
  
 
  
 

 SR MHGQHM RSUDZFH Z NDĝGP VNU]GOH
 Ş  Ş  Ş  Ş Ş








Ş Ş Ş Ş Ş ŞŞ
Ş
Ş
Ş
Ş
Ş
Ş
FG OP
.U]ZD UR]VïX ĂZLDWïD
'ïXJRĂÊ
EHONL P
'ïXJRĂÊ
RSUDZNL PP
,ORĂÊ
RSUDZHN
0RF
ZMĂFLRZD :
%HOND ,4) ,4)' ,4)(
] RĂZLHWOHQLHP SRĂUHGQLP
'ZLH RSUDZNL RŋZLHWOHQLRZH Vć VFKRZDQH Z JyUQFK
ÅVNU]GãDFKµ EHONL FKãRG]ćFHM ŊZLDWãR MHVW NLHURZDQH
Z JyUĕ L Z WHQ VSRVyE ]DSHZQLRQH MHVW SRŋUHGQLH L QLH
SRZRGXMćFH RGELþ RG SRZLHU]FKQL DQWUHÁHNVMQH
RŋZLHWOHQLH SRPLHV]F]Hĸ
=DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD
ZGDMQRŋþ EHONL FKãRG]ćFHM 2SUDZND PD DOER  PP
DOER  PP GãXJRŋFL Z ]DOHŧQRŋFL RG GãXJRŋFL VDPHM
EHONL : SRQLŧV]HM WDEHOL SRGDQR LORŋFL RUD] GãXJRŋFL
RSUDZHN Z ]DOHŧQRŋFL RG GãXJRŋFL EHONL FKãRG]ćFHM
2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ
FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK
SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
RUD]
+2 ]ZLĕNV]RQ VWUXPLHĸ ŋZLHWOQ
Z ]DOHŧQRŋFL RG
WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +(
MHVW SU]HZLG]LDQ GOD RSUDZHN  PP  : RUD] GOD
RSUDZHN  PP  : 7S +2 MHVW SU]HZLG]LDQ
GOD RSUDZHN  PP  : RUD] GOD RSUDZHN  PP
 : 7HPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFMQHM
ZQRVL  .
3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H
]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć
:LHODQGD
:PLDU
)XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
0RF ZMĂFLRZD :
+( +2
'ïXJRĂÊ RSUDZNL PP
  
  
.RG SURGXNWX
.RG SURGXNWX
$NFHVRULD IXQNFML ,4$=   EEE  FF  GG ² HH  II
RŋZLHWOHQLD
'ãXJRŋþ EEE
FP
RGSRZLDGD ZPLDURZL DDD Z NRG]LH EHONL
FKãRG]ćFHM
.RG ZNRQDQLD FF
6WDQGDUG
:MŋFLH GG
+( +LJK HIÀFLHQF ZVRND VSUDZQRŋþ
1RUPDOQ VWUXPLHĸ ŋZLHWOQ

 +2 +LJK RXWSXW ZVRND ZGDMQRŋþ
=ZLĕNV]RQ VWUXPLHĸ ŋZLHWOQ

3U]HZyG ]DVLODMćF HH
3U]HZyG ]DVLODMćF ] ZWF]Nć X]LHPLRQć  P
 3U]HZyG ]DVLODMćF ] ZWF]Nć :LHODQGD  P
 3U]HZyG ]DVLODMćF ] ZWF]Nć VVWHPX (QVWR1HW  P
7S EHONL FKãRG]ćFHM II
,4,'


 ,4)
 43'$

 6WDQGDUG WHPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFM
QHM  .





 0RGHO ,4,' ] ZGãXŧRQć REXGRZć ZSRVDŧRQ
Z IXQNFMĕ RŋZLHWOHQLD QLH MHVW RIHURZDQ MDNR SURGXNW
VWDQGDUGRZ :LĕFHM LQIRUPDFML QD WHQ WHPDW PRŧQD
X]VNDþ Z QDV]FK SU]HGVWDZLFLHOVWZDFK KDQGORZFK
)XQNFMD LQVWDODFML WUVNDF]RZHM '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
)XQNFMD LQVWDODFML WUVNDF]RZHM
'RVWÚSQD Z EHONDFK
FKïRG]ÈFFK
‡ ,4,'
‡ $675$
‡ 67(//$
: EHONDFK FKãRG]ćFFK ,4,' PRŧQD SU]HZLG]LHþ PLHMVFH QD ]DãRŧHQLH LQVWDODFML
WUVNDF]RZHM FR XSURŋFL QLHNWyUH ]DJDGQLHQLD ] WHFKQLF]QHJR SXQNWX ZLG]HQLD
RUD] ]DSHZQL EDUG]LHM HVWHWF]Q ZJOćG FDãRŋFL LQVWDODFML ERZLHP QLH EĕG]LH
SRWU]HE ]DMPRZDQLD SãDV]F]]Q VXÀWX GRGDWNRZPL HOHPHQWDPL
*G LQVWDODFMD WUVNDF]RZD EĕG]LH SRSURZDG]RQD SU]H] EHONĕ FKãRG]ćFć
QLH WU]HED EĕG]LH GRGDWNRZR ]DMPRZDþ SRZLHU]FKQL VXÀWX D MHGQRF]HŋQLH Z
WP VDPP XU]ćG]HQLX EĕG]LHP PLHOL GR GVSR]FML GRGDWNRZH IXQNFMH
']LĕNL WHPX VDP PRQWDŧ EĕG]LH ãDWZLHMV] L RJUDQLF]RQ MHGQLH GR SRMHGQ
F]HJR REV]DUX Z SRPLHV]F]HQLX
=LQWHJURZDQLH LQVWDODFML WUVNDF]RZHM ] EHONć FKãRG]ćFć MHVW V]F]HJyOQLH
NRU]VWQH ZWHG JG LFK ]DãRŧHQLH PD Eþ GRNRQDQH Z QLHZLHONLFK SR
PLHV]F]HQLDFK OXE ELXUDFK JG]LH EHONL FKãRG]ćFH Vć ]D]ZF]DM XPLHV]F]DQH
SRŋURGNX SRPLHV]F]HQLD ERZLHP MHVW WR QDMOHSV]H PLHMVFH UyZQLHŧ GOD
LQVWDODFML WUVNDF]RZHM
2WZyU Z SãFLH F]RãRZHM GOD LQVWDODFML WUVNDF]RZHM MHVW XVWXRZDQ
SRŋURGNX EHONL FKãRG]ćFHM L PD ŋUHGQLFĕ  PP QDWRPLDVW RWZyU SU]H] NDQDã
SRZLHWU]Q EHONL FKãRG]ćFHM PD ŋUHGQLFĕ  PP
:ïDVQRĂFL SURGXNWX
)XQNFMD XPRŧOLZLD ]DVWRVRZDQLH
LQVWDODFML WUVNDF]RZHM Z EHOFH
FKãRG]ćFHM
‡ : MHGQP PLHMVFX SRPLHV]
F]HQLD ]RVWDMH ]JURPDG]RQFK
ZLĕFHM HOHPHQWyZ LQVWDODFML
‡ 1D VXÀFLH SR]RVWDMH ZLĕFHM
ZROQHM SRZLHU]FKQL SR]RVWDMH
QD VXÀFLH
‡ *ãRZLFD WUVNDF]D LOXE
HOHPHQW SRGãćF]HQLRZH QLH Vć
ZãćF]RQH GR GRVWDZ
‡ 2WZyU Z SãFLH F]RãRZHM PD
ŋUHGQLFĕ ‘ PP QDWRPLDVW
RWZyU Z NDQDOH SRZLHWU]QP
EHONL FKãRG]ćFHM PD ŋUHGQLFĕ
‘ PP
3U]NïDG NRGX ZUREX
,4$=
6WDQGDUGRZD EHOND FKãRG]ćFD
,4,' SU]VWRVRZDQD GR LQVWDODFML
WUVNDF]RZHM
)XQNFMD LQVWDODFML WUVNDF]RZHM '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
:PLDU
  PP
  PP
,4$=EE
%
$
$
%
 
 
3U]HNUöM % ļ %
:PLDU L NRG SURGXNWX
.RG SURGXNWX
%HOND FKãRG]ćFD SU]VWRVRZDQD
GR LQVWDODFML WUVNDF]RZHM
:NRQDQLH EE
VWDQGDUGRZ PRGHO ,4,'
RWZyU Z SãFLH F]RãRZHM ‘ PP RWZyU Z NDQDOH
SRZLHWU]QP ‘ PP
8:$*$
0RŧOLZRŋþ SU]HZLG]LDQD MHGQLH GOD ÅSU]HORWRZHMµ
OHDGWKURXJK
LQVWDODFML WUVNDF]RZHM
*ãRZLFD WUVNDF]D LOXE HOHPHQW SRGãćF]HQLRZH QLH Vć
ZãćF]RQH GR GRVWDZ
,QVWDODFMD WUVNDF]RZD QLH PRŧH Eþ PRQWRZDQD
MHGQRF]HŋQLH ] IXQNFMć RŋZLHWOHQLD LOXE ] ]DNãDGDQLHP
SU]HGãXŧRQHM REXGRZ
,4,' :PLDU $
0RGXïGHGNRZDQHGREHOHNFKïRG]ÈFFK
RPEL RROHU
7ZLQ :KHHO
RPEL RROHU
0RGXï VSHFMDOQH '$1( 7(+1,=1(
)OÄNW :RRGV  'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD
28
26
24
22
20
18
16
14
12
Temperatura, °C
Nawiew schładzany
do 18 °C
Energia niezbędna do schłodzenia powietrza nawiewanego
Nawiew schładzany
do 15 °C
4900 kWh
12 000 kWh
(8.1 RPEL RROHU
3RGVWDZRZH LQIRUPDFMH
0RGXã RPEL RROHU MHVW RSDWHQWRZDQP SU]H] ÀUPĕ )OlNW
:RRGV DJUHJDWHP ZRG ORGRZHM ]LQWHJURZDQP ] FHQWUDOć
ZHQWODFMQć =RVWDã ]RSWPDOL]RZDQ SRG NćWHP ZVSyãSUDF
] VVWHPDPL EHOHN FKãRG]ćFFK RPEL RROHU SU]JRWRZXMH
ZRGĕ ORGRZć NWyUD MHVW QDVWĕSQLH ZNRU]VWZDQD GR ]DVLODQLD
FKãRGQLF SRZLHWU]D L RELHJX EHOHN FKãRG]ćFFK
RPEL RROHU PRŧH UyZQLHŧ ZWDU]Dþ ZRGĕ ORGRZć GOD
RELHJX EHOHN FKãRG]ćFFK L MHGQRF]HŋQLH RJU]HZDþ SRZLHWU]H
QDZLHZDQH G]LĕNL FLHSãHM ZRG]LH GRVWDUF]DQHM ] ]HZQĕWU]QHJR
VVWHPX
)XQNFMH
.RQWUROD WHPSHUDWXU SRZLHWU]D QDZLHZDQHJR FKãRG]HQLH
L RJU]HZDQLH
:WZDU]DQLH ZRG ORGRZHM GOD ZEXGRZDQHM FKãRGQLF
SRZLHWU]D
:WZDU]DQLH ZRG ORGRZHM GOD EHOHN FKãRG]ćFFK OXE
IDQFRLOL
KãRG]HQLH PRŧH Eþ UHDOL]RZDQH SRSU]H] VWRVRZDQLH EHOHN
FKãRG]ćFFK OXE NRQZHNWRUyZ ZHQWODWRURZFK IDQFRLOL
RPEL RROHU SRVLDGD ZĕŧRZQLFĕ NWyUD PRŧH SUDFRZDþ
]DUyZQR MDNR FKãRGQLFD SRZLHWU]D QDZLHZDQHJR MDN WHŧ MDNR
QDJU]HZQLFD =LQWHJURZDQ ]HVSyã ]DZRUyZ UHJXOXMH WHPSHUD
WXUĕ SRZLHWU]D QDZLHZDQHJR Z ]DOHŧQRŋFL RG ]DSRWU]HERZDQLD
2ELHJ EHOHN FKãRG]ćFFK SRGãćF]D VLĕ SRSU]H] SU]JRWRZDQ
Z WP FHOX VVWHP UXU GR RGSRZLHGQLFK NUyþFyZ RPEL
RROHUD NWyU ZWZDU]D ZRGĕ ORGRZć QD SRWU]HE XNãDGX
FKãRG]HQLD SRPLHV]F]Hĸ
= XZDJL QD WR ŧH PRGXã RPEL RROHU QLH ZPDJD VWRVR
ZDQLD QLHNWyUFK HOHPHQWyZ WDNLFK MDN DJUHJDW FKãRGQLF]H
L VNUDSODF]H ]HZQĕWU]QH WDND MHGQRVWND ]DMPXMH PQLHM PLHMVFD
0RGXã RPEL RROHU MHVW VFDODQ ] FHQWUDOć ZHQWODFMQć Z WDNL
VSRVyE ŧH ZV]VWNLH HOHPHQW ]QDMGXMć VLĕ Z REUĕELH MHM REXGR
Z EH] NRQLHF]QRŋFL PRQWRZDQLD HOHPHQWyZ GDFKRZFK F]
VWRMćFFK QD RWZDUWP SRZLHWU]X DãD LQVWDODFMD XOHJD UyZQLHŧ
XSURV]F]HQLX SRQLHZDŧ QLH Vć ZPDJDQH ŧDGQH GRGDWNRZH
XNãDG UXU F] SRPS NWyUH ]ZNOH Vć QLH]EĕGQH Z VWDQGDUGR
ZHM LQVWDODFML : UH]XOWDFLH ZJOćG EXGQNX QLH XOHJD ŧDGQP
]PLDQRP FR MHVW LVWRWQH ]ZãDV]F]D SU] SUDFDFK UHQRZDFMQFK
7DNLH UR]ZLć]DQLH HOLPLQXMH UyZQLHŧ NRQLHF]QRŋþ VWRVRZDQLD
KDãDŋOLZFK FKãRGQLF ZHQWODWRURZFK
RPEL RROHU MHVW GRVWDUF]DQ Z IRUPLH JRWRZHJR GR
LQVWDODFML PRGXãX ] ZEXGRZDQć V]DINć VWHURZQLF]ć ]DZLHUDMćFć
ZV]VWNLH QLH]EĕGQH HOHPHQW ]DEH]SLHF]Hĸ L DXWRPDWNL
: PLHMVFX PRQWDŧX ZPDJDQH MHVW MHGQLH SRGãćF]HQLH
]DVLODQLD L SRGDQLH VJQDãyZ VWHUXMćFFK ] QDGU]ĕGQHJR
VVWHPX DXWRPDWNL
.DŧG PRGXã RPEL RROHU MHVW IDEUF]QLH WHVWRZDQ
D ZQLNL WHVWX Vć ]DãćF]DQH GR GRNXPHQWyZ GRVWDZ
3U]H]QDF]HQLH
RPEL RROHU MHVW GHGNRZDQ GR REVãXJL SRPLHV]F]Hĸ
FKãRG]RQFK ]D SRŋUHGQLFWZHP EHOHN FKãRG]ćFFK Z NWyUFK
]VNL FLHSãD QLH SU]HNUDF]DMć :Pò =ZNOH PRF FKãRGQLF]D
MHGQRVWNL MHVW ZLĕF RGSRZLHGQLD GOD ]QDNRPLWHM ZLĕNV]RŋFL
]DVWRVRZDĸ ELXURZFK F] EXGQNyZ XŧWHF]QRŋFL SXEOLF]QHM
(IHNWZQRĂÊ HQHUJHWF]QD
: WUDGFMQFK UR]ZLć]DQLDFK WHPSHUDWXUD SRZLHWU]D QDZLHZ
QHJR ZQRVL   ƒ SRGF]DV JG RPEL RROHU SU]JRWR
ZXMH SRZLHWU]H R WHPSHUDWXU]H ƒ 3RQLHZDŧ WHPSHUDWXUD
QDZLHZX MHVW QLH]QDF]QLH ZŧV]D ZLĕF Z SRPLHV]F]HQLDFK
WDNLFK MDN SXVWH VDOH NRQIHUHQFMQH Z NWyUFK QLH ZVWĕSXMH
REFLćŧHQLH FLHSOQH XWU]PZDQD MHVW NRPIRUWRZD WHPSHUDWXUD
L XQLND VLĕ LFK ]EĕGQHJR FKãRG]HQLD
2V]F]ĕGQRŋFL HQHUJLL Vć WDNŧH RVLćJDQH G]LĕNL UHGXNFML
VNRNyZ WHPSHUDWXU Z SRPLHV]F]HQLX 8QLND VLĕ UyZQLHŧ
HQHUJRFKãRQQHM NRQGHQVDFML ZLOJRFL QD FKãRGQLF SRZLHWU]D
QDZLHZDQHJR
,VWQLHMH ]DVDGQLF]D UyŧQLFD Z ]XŧFLX HQHUJLL SU]
VFKãDG]DQLX SRZLHWU]D GR ƒ L VFKãDG]DQLX JR GR ƒ =VNL
HQHUJHWF]QH SU] SRGZŧV]HQLX WHPSHUDWXU FKãRG]HQLD
LOXVWUXMH ]DPLHV]F]RQ SRQLŧHM ZNUHV QU 
8]VNDQH WD GURJć RV]F]ĕGQRŋFL HQHUJLL QLH PRJć Eþ
MHGQDN WUDNWRZDQH MDNR FDãNRZLW ]VN HQHUJHWF]Q LQVWDODFML
JGŧ REZyG EHOHN FKãRG]ćFFK PXVL SUDFRZDþ ] ZLĕNV]ć PRFć
FKãRGQLF]ć DE VNRPSHQVRZDþ ZŧV]ć WHPSHUDWXUĕ QDZLHZX
=XĝFLH HQHUJLL QDZLHZ
:NUHV  5RF]QD UHGXNFMD ]XĝFLD HQHUJLL
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009
Belki chłodzące 2009 / Chilled beams 2009

More Related Content

What's hot

20 09 12 tresc projektu rozporzadzenia
20 09 12 tresc projektu rozporzadzenia20 09 12 tresc projektu rozporzadzenia
20 09 12 tresc projektu rozporzadzenia
Nowa Stepnica
 
Electroforesis de proteinas y acidos nucleicos
Electroforesis de proteinas y acidos nucleicosElectroforesis de proteinas y acidos nucleicos
Electroforesis de proteinas y acidos nucleicos
Y A Ti Que Te Importa
 
Documento estatica
Documento estaticaDocumento estatica
Documento estatica
Jorge Castro
 
Przedluzenie wiza krajowa
Przedluzenie wiza krajowaPrzedluzenie wiza krajowa
Przedluzenie wiza krajowa
kimtan124
 
Panspermia y partenogénesis
Panspermia y partenogénesisPanspermia y partenogénesis
Panspermia y partenogénesis
autobombo
 
Proyecto facebook y la Postuniversidad
Proyecto facebook y la PostuniversidadProyecto facebook y la Postuniversidad
Proyecto facebook y la Postuniversidad
Felipe Pineda
 
Etiquettes for teachers
Etiquettes for teachersEtiquettes for teachers
Etiquettes for teachers
Hammaduddin
 

What's hot (20)

Dekarz 713[01] z1.13_u
Dekarz 713[01] z1.13_uDekarz 713[01] z1.13_u
Dekarz 713[01] z1.13_u
 
20 09 12 tresc projektu rozporzadzenia
20 09 12 tresc projektu rozporzadzenia20 09 12 tresc projektu rozporzadzenia
20 09 12 tresc projektu rozporzadzenia
 
Electroforesis de proteinas y acidos nucleicos
Electroforesis de proteinas y acidos nucleicosElectroforesis de proteinas y acidos nucleicos
Electroforesis de proteinas y acidos nucleicos
 
Documento estatica
Documento estaticaDocumento estatica
Documento estatica
 
Eric
Eric Eric
Eric
 
Manual del usuario brocas triconicas
Manual del usuario brocas triconicasManual del usuario brocas triconicas
Manual del usuario brocas triconicas
 
Przedluzenie wiza krajowa
Przedluzenie wiza krajowaPrzedluzenie wiza krajowa
Przedluzenie wiza krajowa
 
Nasilje nad muskarcima
Nasilje nad muskarcimaNasilje nad muskarcima
Nasilje nad muskarcima
 
Panspermia y partenogénesis
Panspermia y partenogénesisPanspermia y partenogénesis
Panspermia y partenogénesis
 
Taller para la busqueda de empleo
Taller para la busqueda de empleoTaller para la busqueda de empleo
Taller para la busqueda de empleo
 
El pèsol. Negre Nº 38. Juny-Juliol-Agost 2008
El pèsol. Negre Nº 38. Juny-Juliol-Agost 2008El pèsol. Negre Nº 38. Juny-Juliol-Agost 2008
El pèsol. Negre Nº 38. Juny-Juliol-Agost 2008
 
R5 intervalos de confianza
R5 intervalos de confianzaR5 intervalos de confianza
R5 intervalos de confianza
 
Proyecto facebook y la Postuniversidad
Proyecto facebook y la PostuniversidadProyecto facebook y la Postuniversidad
Proyecto facebook y la Postuniversidad
 
R6 test de hipótesis
R6 test de hipótesisR6 test de hipótesis
R6 test de hipótesis
 
Capítulo 2. Métodos de Esterilización
Capítulo 2.  Métodos de EsterilizaciónCapítulo 2.  Métodos de Esterilización
Capítulo 2. Métodos de Esterilización
 
28 19 la muerte mistica hdean www.gftaognosticaespiritual.org
28 19 la muerte mistica hdean www.gftaognosticaespiritual.org28 19 la muerte mistica hdean www.gftaognosticaespiritual.org
28 19 la muerte mistica hdean www.gftaognosticaespiritual.org
 
Etiquettes for teachers
Etiquettes for teachersEtiquettes for teachers
Etiquettes for teachers
 
Ongules
OngulesOngules
Ongules
 
Investor Awareness and Investment on Equity in Nepalese Capital Market
Investor Awareness and Investment on Equity in Nepalese Capital MarketInvestor Awareness and Investment on Equity in Nepalese Capital Market
Investor Awareness and Investment on Equity in Nepalese Capital Market
 
R3
R3R3
R3
 

Viewers also liked

School project ......Finall seo plan
School project ......Finall seo planSchool project ......Finall seo plan
School project ......Finall seo plan
Kimberley Puffer
 
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systems
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systemsEnergooszczędne systemy wentylacyjne / Energy efficient ventilation systems
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systems
FläktGroup Poland Sp. z o.o.
 
Belka chłodząca / Chilled beam IQ Star Stella 2012
Belka chłodząca / Chilled beam IQ Star Stella 2012Belka chłodząca / Chilled beam IQ Star Stella 2012
Belka chłodząca / Chilled beam IQ Star Stella 2012
FläktGroup Poland Sp. z o.o.
 
Active Record Data Modeling
Active Record Data ModelingActive Record Data Modeling
Active Record Data Modeling
Hannah Howard
 

Viewers also liked (15)

System Optymalizacji IPSUM / IPSUM Optimising System 2013
System Optymalizacji IPSUM / IPSUM Optimising System 2013System Optymalizacji IPSUM / IPSUM Optimising System 2013
System Optymalizacji IPSUM / IPSUM Optimising System 2013
 
Greenhouse supplies
Greenhouse suppliesGreenhouse supplies
Greenhouse supplies
 
Combi cooler 2009
Combi cooler 2009Combi cooler 2009
Combi cooler 2009
 
School project ......Finall seo plan
School project ......Finall seo planSchool project ......Finall seo plan
School project ......Finall seo plan
 
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systems
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systemsEnergooszczędne systemy wentylacyjne / Energy efficient ventilation systems
Energooszczędne systemy wentylacyjne / Energy efficient ventilation systems
 
Présentation de la plate formwww.egabon.com
Présentation de la plate formwww.egabon.com Présentation de la plate formwww.egabon.com
Présentation de la plate formwww.egabon.com
 
Belka chłodząca / Chilled beam IQ Star Stella 2012
Belka chłodząca / Chilled beam IQ Star Stella 2012Belka chłodząca / Chilled beam IQ Star Stella 2012
Belka chłodząca / Chilled beam IQ Star Stella 2012
 
Présentation de la plateforme www.egabon.com
Présentation de la plateforme www.egabon.comPrésentation de la plateforme www.egabon.com
Présentation de la plateforme www.egabon.com
 
Jat holdings (pvt) ltd annual report 2014-15 lowres (2)
Jat holdings (pvt) ltd   annual report 2014-15 lowres (2)Jat holdings (pvt) ltd   annual report 2014-15 lowres (2)
Jat holdings (pvt) ltd annual report 2014-15 lowres (2)
 
Flaktwoods fire ventilation guide PORADNIK WENTYLACJI POŻAROWEJ
Flaktwoods fire ventilation guide PORADNIK WENTYLACJI POŻAROWEJFlaktwoods fire ventilation guide PORADNIK WENTYLACJI POŻAROWEJ
Flaktwoods fire ventilation guide PORADNIK WENTYLACJI POŻAROWEJ
 
Active Record Data Modeling
Active Record Data ModelingActive Record Data Modeling
Active Record Data Modeling
 
Jat corporate brochute for web
Jat corporate brochute for webJat corporate brochute for web
Jat corporate brochute for web
 
S3 et3 psim2_h_accumulation
S3 et3 psim2_h_accumulationS3 et3 psim2_h_accumulation
S3 et3 psim2_h_accumulation
 
Qué animal es
Qué animal esQué animal es
Qué animal es
 
Bilzemfit presentation
Bilzemfit presentationBilzemfit presentation
Bilzemfit presentation
 

Similar to Belki chłodzące 2009 / Chilled beams 2009

Dokumentowanie wycieczek szkolnych gp29
Dokumentowanie wycieczek szkolnych gp29Dokumentowanie wycieczek szkolnych gp29
Dokumentowanie wycieczek szkolnych gp29
Aga Szajda
 
Komu przysługuje urlop szkoleniowy nr 21 gp
Komu przysługuje urlop szkoleniowy nr 21 gpKomu przysługuje urlop szkoleniowy nr 21 gp
Komu przysługuje urlop szkoleniowy nr 21 gp
Aga Szajda
 
Nauczyciel na zastępstwie gp23
Nauczyciel na zastępstwie gp23Nauczyciel na zastępstwie gp23
Nauczyciel na zastępstwie gp23
Aga Szajda
 
Del ¡! al ¿?
Del ¡! al ¿?Del ¡! al ¿?
Del ¡! al ¿?
xavierxia
 
Ratoniano, Lotizne de Brea
Ratoniano, Lotizne de BreaRatoniano, Lotizne de Brea
Ratoniano, Lotizne de Brea
autobombo
 
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_ReglamentoVoleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
ZONIAA
 
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REYPROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
Alcaldia El Rosal
 
Don Exclamencio
Don ExclamencioDon Exclamencio
Don Exclamencio
autobombo
 
Don Exclamencio
Don ExclamencioDon Exclamencio
Don Exclamencio
autobombo
 
23 infoturist octubre2013
23 infoturist octubre201323 infoturist octubre2013
23 infoturist octubre2013
viuvallmoll
 
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdfModelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
MarinJoja1
 
Astas del II Congreso Internacional Autobombástico
Astas del II Congreso Internacional AutobombásticoAstas del II Congreso Internacional Autobombástico
Astas del II Congreso Internacional Autobombástico
autobombo
 
Apresentação seasons mai12(reduzida)
Apresentação seasons mai12(reduzida)Apresentação seasons mai12(reduzida)
Apresentação seasons mai12(reduzida)
Mad Mary
 
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 31 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
jeramon
 
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 32 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
jeramon
 
Verbigràcia3
Verbigràcia3Verbigràcia3
Verbigràcia3
autobombo
 

Similar to Belki chłodzące 2009 / Chilled beams 2009 (20)

Dokumentowanie wycieczek szkolnych gp29
Dokumentowanie wycieczek szkolnych gp29Dokumentowanie wycieczek szkolnych gp29
Dokumentowanie wycieczek szkolnych gp29
 
Komu przysługuje urlop szkoleniowy nr 21 gp
Komu przysługuje urlop szkoleniowy nr 21 gpKomu przysługuje urlop szkoleniowy nr 21 gp
Komu przysługuje urlop szkoleniowy nr 21 gp
 
Nauczyciel na zastępstwie gp23
Nauczyciel na zastępstwie gp23Nauczyciel na zastępstwie gp23
Nauczyciel na zastępstwie gp23
 
Del ¡! al ¿?
Del ¡! al ¿?Del ¡! al ¿?
Del ¡! al ¿?
 
Ratoniano, Lotizne de Brea
Ratoniano, Lotizne de BreaRatoniano, Lotizne de Brea
Ratoniano, Lotizne de Brea
 
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_ReglamentoVoleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
Voleibol y Baloncesto_-_Fundamentos_Técnicos_y_Reglamento
 
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REYPROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
PROGRAMA DE GOBIERNO NESTOR FABIO RICO REY
 
Don Exclamencio
Don ExclamencioDon Exclamencio
Don Exclamencio
 
Don Exclamencio
Don ExclamencioDon Exclamencio
Don Exclamencio
 
23 infoturist octubre2013
23 infoturist octubre201323 infoturist octubre2013
23 infoturist octubre2013
 
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdfModelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
Modelarstvo_Izrada uporabnih tehnickih tvorevina_CD-01.pdf
 
Astas del II Congreso Internacional Autobombástico
Astas del II Congreso Internacional AutobombásticoAstas del II Congreso Internacional Autobombástico
Astas del II Congreso Internacional Autobombástico
 
Apresentação seasons mai12(reduzida)
Apresentação seasons mai12(reduzida)Apresentação seasons mai12(reduzida)
Apresentação seasons mai12(reduzida)
 
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 31 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
1 debate gaceta 850 (3 11-10) seguridad ciudadana.pdf.nivel 3
 
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 32 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
2 debate gaceta 975 (26 11-10) seguridad ciudadana.pdf.nivel 3
 
Korean Education
Korean EducationKorean Education
Korean Education
 
Strokovne podlage za vključitev Slovenije v PEFC certifikacijsko shemo (Techn...
Strokovne podlage za vključitev Slovenije v PEFC certifikacijsko shemo (Techn...Strokovne podlage za vključitev Slovenije v PEFC certifikacijsko shemo (Techn...
Strokovne podlage za vključitev Slovenije v PEFC certifikacijsko shemo (Techn...
 
Verbigràcia3
Verbigràcia3Verbigràcia3
Verbigràcia3
 
LIBRO DE EMBRIOLOGIA MEDICA PARA DESCRIPCION DE LA CRECIMIENTO Y DESAROLLO DE...
LIBRO DE EMBRIOLOGIA MEDICA PARA DESCRIPCION DE LA CRECIMIENTO Y DESAROLLO DE...LIBRO DE EMBRIOLOGIA MEDICA PARA DESCRIPCION DE LA CRECIMIENTO Y DESAROLLO DE...
LIBRO DE EMBRIOLOGIA MEDICA PARA DESCRIPCION DE LA CRECIMIENTO Y DESAROLLO DE...
 
Presentazione Correzionebozze.it
Presentazione Correzionebozze.itPresentazione Correzionebozze.it
Presentazione Correzionebozze.it
 

Recently uploaded

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 

Recently uploaded (20)

DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu SubbuApidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
Apidays Singapore 2024 - Modernizing Securities Finance by Madhu Subbu
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 

Belki chłodzące 2009 / Chilled beams 2009

  • 1. %HONL FKïRG]ÈFH )OH[LFRRO GDQH WHFKQLF]QH )OÄNW %RYHQW 6S ] RR
  • 2. 1RZH QDU]ÚG]LH GRERUX GOD EHOHN FKïRG]ÈFFK L QDZLHZQLNöZ ([6HO$LU ]DZLHUD ľ WUöMZPLDURZH SUH]HQWDFMH ZV]VWNLFK SURGXNWöZ ľ WUöMZPLDURZH SUH]HQWDFMH PRGHOX SU]HSïZX Z ZEUDQFK SRPLHV]F]HQLDFK ľ QDU]ÚG]LD GR REOLF]Hñ L ZPLDURZDQLD ľ LQVWUXNFMH REVïXJL L LQVWDODFML ([6HO$LU WR QRZH LQWHUQHWRZH QDU]ÚG]LH )OÄNW :RRGV GRbGRERUX XU]ÈG]Hñ XPRĝOLZLDMÈFH REOLF]HQLD LbGRNXPHQWDFMÚ =DSHZQLD ZL]XDOQÈ SUH]HQWDFMÚ ZV]VWNLFK SURGXNWöZ IXQNFML L FHFK FR EDUG]R XïDWZLD XĝWNRZDQLH ZZZĠDNWZRRGVFRPH[VHODLU
  • 4. 'DQH DNWXDOL]RZDQH ZJ VWDQX QD VWF]Hñ )OÄNW :RRGV ]DVWU]HJD PRĝOLZRĂÊ ZSURZDG]DQLD ]PLDQ EH] XSU]HG]HQLD
  • 5. 6SLV WUHĂFL %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH 3RGVWDZRZH IXQNFMH )XQNFMD UHJXODFML NRPIRUWX
  • 6. )XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX )XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
  • 7. )XQNFMD RJU]HZDQLD )XQNFMD RĂZLHWOHQLD )XQNFMD LQVWDODFML WUVNDF]RZHM 0RGXï GHGNRZDQH GR EHOHN FKïRG]ÈFFK RPEL RROHU 7ZLQ :KHHO :EUDQH UHDOL]DFMH %HONL GR VXğWöZ SRGZLHV]DQFK ,4$ ,4,' ,46$ %HONL ZROQRZLV]ÈFH ,4) ,4)' ,4)( ,47$ %HONL SDVZQH 436%'
  • 8. $ %HONL ]H ]PLHQQP SU]HSïZHP %HOND FKïRG]ÈFD L4 6WDU $675$ %HOND FKïRG]ÈFD L4 6WDU 67(//$ :SRVDĝHQLH VWHUXMÈFH :SRVDĝHQLH VWHUXMÈFH )OÄNW :RRGV
  • 9.
  • 10. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD ):*BKLOOHG%HDPVB3URMHFWGHVLJQJXLGH7HFKQLFDOGDWDBB*%B %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH
  • 11. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD ,4,' ,4)' 436$ 43%$ ,46$ 43'$ ,47$ ,4)( ,4$ 5RG]DM EHONL KïRG]HQLH ] ZNRU]VWDQLHP GRSURZDG]DQHJR SRZLHWU]D ļ EHONL QDZLHZDMÈFH SRZLHWU]H KïRG]HQLH EH] GRSURZDG]DQHJR SRZLHWU]D ļ SDVZQH EHONL FKïRG]ÈFH )XQNFMD L XVWXRZDQLH ,4,' ,4)',4)( ,46$ ,47$ ,4$ 436$ 43%$ 43'$ =DNUWD SRZLHU]FKQLD JöUQD ļ SRZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG GRïX O O O O O ļ ļ ļ 2GNUWD SRZLHU]FKQLD JöUQD ļ SRZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG JöU ļ ļ ļ ļ ļ O O O :EXGRZDQH Z VXğW SRGZLHV]DQ O O ļ O O
  • 12. O
  • 13. 6ZRERGQLH ]DZLHV]RQH ļ O ļ O O O O 2EZöG JU]HZF] MDNR RSFMD O O O O ļ ļ ļ )XQNFMD RĂZLHWOHQLD MDNR RSFMD O O ļ ļ ļ O 0DNVPDOQD GïXJRĂÊ Z P :LGRF]QD V]HURNRĂÊ Z PP DïNRZLWD V]HURNRĂÊ Z PP 5RG]LQD EHOHN )OH[LFRRO %HONL FKïRG]ÈFH %HONL V]HUHJX ,4 Vć EHONDPL FKãRG]ćFPL ] ]DNUWć SRZLHU]FKQLć JyUQć FR SR]ZDOD QD REQLŧHQLH SR]LRPX KDãDVX RUD] SU]HVãXFKX 3RVLDGDMć RQH IXQNFMĕ UHJXODFML VWRSQLD NRPIRUWX UHJXORZDQH GãXJRŋFL RWZRUyZ GOD SRZLHWU]D QDZLHZDQHJR
  • 14. NWyUD XPRŧOLZLD GRVWUDMDQLH ZGDMQRŋFL RUD] ]DVLĕJX QDZLHZX D SRQDGWR ]DSHZQLD X]VNDQLH ZVRNLHJR NRPIRUWX SRZLHWU]D Z SRPLHV] F]HQLX 3RZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH SU]H] RWZLHUDQć GROQć F]ĕŋþ REXGRZ FR XPRŧOLZLD ãDWZ GRVWĕS SRGF]DV F]QQRŋFL LQVSHNFMQFK L NRQVHUZDFM QFK %HONL V]HUHJX 43 Vć EHONDPL SDVZQPL IXQNFMRQX MćFPL QD ]DVDG]LH NRQZHNFML EH] QDZLHZX ŋZLHŧHJR SRZLHWU]D 2NUHŋODQLH ZPLDUyZ EHOHN FKãRG]ćFFK QDMãDWZLHM MHVW SU]HSURZDG]Dþ Z RSDUFLX R RSUDFRZDQ SU]H] ÀUPĕ )OlNW :RRGV SURJUDP GRERUX SURGXNWX ([6HO$LU %HONL FKïRG]ÈFH ļ RIHURZDQ DVRUWPHQW 'REyU VSRVREX SUDF GRVWĕSQFK IXQNFML L PLHMVFD LQVWDORZDQLD
  • 15. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD ,4$ 436%'
  • 16. $ ,4,' ,46$ ,4)' ,4)( ,47$ )XQNFMH EHOHN FKïRG]ÈFFK ļ V]ENL GREöU )XQNFMH EHOHN FKïRG]ÈFFK 6VWHP Z NWyUP SUDFXMć EHONL FKãRG]ćFH IXQNFMRQXMH QD ]DVDG]LH GVWUEXFML FKãRG]HQLD SU] ZNRU]VWD QLX ]LPQHM ZRG RUD] Z]QDF]HQLD ZPLDUyZ NDQDãX QDZLHZDQHJR SRZLHWU]D SRG NćWHP VSHãQLHQLD ZPDJDĸ GOD X]VNDQLD GREUHM MDNRŋFL SRZLHWU]D %HONL ]ZDQH DNWZQPL G]LDãDMć QD ]DVDG]LH LQGXNFML 'RSURZDG]DQH SRZLHWU]H QDZLHZDQH ] LQVWDODFML ZHQ WODFMQHM SRFLćJD ]D VREć SRZLHWU]H ] SRPLHV]F]HQLD NWyUH MHVW ]DVVDQH SRSU]H] ZĕŧRZQLFĕ EHONL DãNRZLWH QDWĕŧHQLH SU]HSãZX EĕGćFH VXPć QDWĕ ŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR RUD] QDWĕŧHQLD SU]HSãZX SRZLHWU]D FUNXOXMćFHJR SU]HSãZD SU]H] V]F]HOLQĕ ZMŋFLRZć EHONL 1DWĕŧHQLH SU]HSãZX SRZLHWU]D LQGXNRZDQHJR ] SRPLHV]F]HQLD MHVW UD] ZLĕNV]H RG QDWĕŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR 3DVZQH EHONL FKãRG]ćFH SUDFXMć QD ]DVDG]LH ]MDZLVND RGZURWQHJR FLćJX NRPLQRZHJR FR R]QDF]D ŧH FKãRGQLHM V]H SRZLHWU]H ZHZQćWU] EHONL PD ZŧV]ć JĕVWRŋþ DQLŧHOL SRZLHWU]H RWDF]DMćFH 5yŧQLFD JĕVWRŋFL SRZLHWU]D Z SRãć F]HQLX ] ZVRNRŋFLć EHONL ZPXV]D SU]HSãZ SRZLHWU]D FUNXOXMćFHJR SU]H] ZĕŧRZQLFĕ EHONL )LUPD )OlNW :RRGV RIHUXMH SHãQ DVRUWPHQW EHOHN FKãRG]ćFFK GR VVWHPyZ NOLPDW]DFMQFK PRJćFFK VSHãQLþ ZLĕNV]Rŋþ VSRWNDQFK ZPDJDĸ ] NWyUFK GR QDMZDŧQLHMV]FK QDOHŧ ]DOLF]þ IXQNFMĕ X]VNDQLD RSW PDOQHJR NRPIRUWX Z SRPLHV]F]HQLX %HONL QDZLHZDMÈFH SRZLHWU]H DNWZQH
  • 17. %HONL ,4,' ,4)' ,4)( ,47$ ,46$ L ,4$ Vć HIHNWHP ZGURŧHQLD QRZHM NRQFHSFML FKDUDNWH U]XMćFHM VLĕ ZLHORPD ]DOHWDPL 0DMć RQH ]DNUWć SRZLHU]FKQLĕ JyUQć FR SR]ZDOD QD REQLŧHQLH SR]LRPX KDãDVX L SU]HVãXFKX RUD] Vć ZSRVDŧRQH Z IXQNFMĕ UHJXODFML NRPIRUWX UHJXORZDQH GãXJRŋFL RWZRUyZ GOD SRZLHWU]D QDZLHZDQHJR
  • 18. FR XãDWZLD GRVWUDMDQLH ZGDMQRŋFL RUD] ]DVLĕJX QDZLHZX 3RZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH SU]H] RWZLHUDQć GROQć F]ĕŋþ REXGRZ FR XPRŧOLZLD ãDWZ GRVWĕS SRGF]DV F]QQRŋFL LQVSHNFMQFK L NRQVHUZDFMQFK %HONL ,4,' Vć SU]HZLG]LDQH GR PRQWDŧX Z SãDV]F]ťQLH VXÀWX SRGZLHV]DQHJR ,FK V]HURNRŋþ MHVW GRSDVRZDQD GR PP SDQHOL VXÀWX SRGZLHV]DQHJR %HONL FKãRG]ćFH ,4,' Vć RIHURZDQH MDNR PRGHO SRGVWDZRZ DOH PRJć Eþ RQH GRGDWNRZR ZSRVDŧRQH Z V]HUHJ IXQNFML SU]HNV]WDãFDMćFFK MH Z ZLHORIXQNFMQH EHONL FKãRG]ćFH : SU]SDGNX EHOHN ,4,' GRVWĕSQH Vć QDVWĕSXMćFH IXQNFMH JU]DQLH UHJXODFMD NRPIRUWX ODPHOOH IXQNFML VWHURZDQLD NLHUXQNLHP QDZLHZX )3
  • 19. IXQNFMD ]ZLĕNV]RQHJR QDWĕŧHQLD SU]HSãZX SRZLHWU]D ZSRVDŧHQLH NRQWUROQR VWHUXMćFH IXQNFMD RŋZLHWOHQLD RUD] GRVWRVRZDQLH GR LQVWDODFML WUVNDF]RZHM %HONL ,4)' L ,4)( Vć SU]HZLG]LDQH GR LQVWDORZDQLD MDNR HOHPHQW VZRERGQLH SRGZLHV]DQH FR SU]QRVL LVWRWQć NRU]ŋþ ² SRZLHWU]H ] EHONL MHVW NLHURZDQH XNRŋQLH Z JyUĕ Z NLHUXQNX VXÀWX D WR SR]ZDOD X]VNDþ RSWPDOQH QDWĕŧHQLH SU]HSãZX SRZLHWU]D Z SRPLHV]F]HQLX %HONL FKãR G]ćFH Vć RIHURZDQH WDNŧH Z ZHUVML ] RŋZLHWOHQLHP SRŋUHGQLP LOXE RŋZLHWOHQLHP EH]SRŋUHGQLP %HOND ,47$ MHVW MHGQRGURJRZć EHONć DNWZQć SU]HZLG]LDQć GR LQVWDORZDQLD Z QDURŧQLNX VXÀWX UNXOXMćFH SRZLHWU]H ] SRPLHV]F]HQLD MHVW GRSURZDG]DQH RG VSRGX QDWRPLDVW SRZLHWU]H ZSãZDMćFH ] EHONL MHVW NLHURZDQH Z]GãXŧ VXÀWX GR SRPLHV]F]HQLD %HOND ,46$ MHVW SU]HZLG]LDQD GR LQVWDORZDQLD Z SãDV]F]ťQLH VXÀWX SRGZLHV]DQHJR L PD V]HURNRŋþ GZD UD] PQLHMV]ć Z SRUyZQDQLX ] EHONć ,4,' %HOND ,4$ VWDQRZL ]LQWHJURZDQ VVWHP ZHQWODFMQRFKãRG]ćF .DVHWD PD ZPLDU GRVWRVRZDQH GR PP SDQHOL VXÀWX SRGZLHV]DQHJR 0RŧH Eþ SRQDGWR ZSRVDŧRQD Z XNãDG XVSUDZQLDMćF ZNRU]VWXMćF HIHNW RDQG RDQGD 6DIHW RQWURO ² 6
  • 20. JZDUDQWXMćF SU]OHJDQLH VWUXPLHQLD SRZLHWU]D GR VXÀWX .RQZHNFMQH EHONL FKïRG]ÈFH SDVZQH
  • 21. 3DVZQH EHONL FKãRG]ćFH EHONL NRQZHNFMQH
  • 22. QLH SRVLDGDMć NDQDãX GRSURZDG]DMćFHJR SRZLHWU]H SLHUZRWQH OHF] G]LDãDMć G]LĕNL JUDZLWDFMQHM QDWXUDOQHM FUNXODFML NRQZHNFMQHM NWyUD ZPXV]D SU]HSãZ SRZLHWU]D FUNXOXMćFHJR Z Gyã SRSU]H] ZĕŧRZQLFĕ FKãRG]ćFć 1DWĕŧHQLH SU]HSãZX SRZLHWU]D SU]H] EHONĕ FKãRG]ćFć MHVW RNUHŋORQH SU]H] UyŧQLFĕ WHPSHUDWXU D IDNWF]QLH ² SU]H] UyŧQLFĕ JĕVWRŋFL SRZLHWU]D
  • 23. ZHZQćWU] L QD ]HZQćWU] EHONL Z SRãćF]HQLX ] ZVRNRŋFLć EHONL -HVW PRŧOLZH X]VNLZDQLH Z]JOĕGQLH GXŧFK HIHNWyZ FKãRG]HQLD DOH SRQLHZDŧ QLH PD PRŧOLZRŋFL VWHURZDQLD QDZLHZDQP SRZLHWU]HP ]LPQP ZLĕF EHONL WH QLH SRZLQQ Eþ XPLHV]F]DQH EH]SRŋUHGQLR QDG VWDQRZLVNDPL SUDF
  • 24. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 1RPLQDOQD GïXJRĂÊ VWDQGDUGRZD SU] GZXGURJRZP QDZLHZLH SRZLHWU]D P P P P P OV OV OV OV OV ,4,' VSDGHN FLĂQLHQLD 3D
  • 25. ļ ,4)'( VSDGHN FLĂQLHQLD 3D
  • 26. ļ ,46$ ļ ,47$ MHGQRGURJRZ QDZLHZ SRZLHWU]D
  • 27. ļ OV
  • 28. OV
  • 29. OV
  • 30. ļ %HONL SDVZQH EH] QDZLHZX SRZLHWU]D
  • 31. 436$ 43'$ 43%$ = REZRGHP JU]DQLD 3U]EOLĝRQD ZDUWRĂÊ 3FRLO FLHSïD ZMĂFLRZHJR Z : ,4,' ,4)'( ,46$ ļ ,47$ MHGQRGURJRZ QDZLHZ SRZLHWU]D
  • 32. ļ LĂQLHQLH VWDWF]QH SR VWURQLH SRZLHWU]D GURJRZ SU]HSïZ SRZLHWU]D 3D 3D 3D 3D OV OV OV OV ,4$ ,4$ 6]ENL GREöU URG]DMX EHONL %HONL FKïRG]ÈFH ļ V]ENL GREöU URG]DMX EHONL 3U]EOLĝRQ HIHNW FKïRG]HQLD 3WRW Z : SU] QDWÚĝHQLX SU]HSïZX ZRG TY OV L UöĝQLF WHPSHUDWXU 6W Ş VSDGNX FLĂQLHQLD 3D SR VWURQLH SRZLHWU]D L PDNVPDOQP SR]LRPLH FLĂQLHQLD DNXVWF]QHJR G%$
  • 33. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD =DOHFHQLD VVWHPRZH L SURMHNWRZH 8ZDJL RJöOQH 6VWHP ZHQWODFML RSDUWH QD EHONDFK FKãRG]ćFFK Vć VWRVRZDQH Z SU]SDGNDFK JG ZVWĕSXMH GXŧH ]DSRWU]HERZDQLH QD FKãR G]HQLH LOXE JG ZPDJDQD MHVW LQGZLGXDOQD UHJXODFMD WHP SHUDWXU Z SRV]F]HJyOQFK SRPLHV]F]HQLDFK 1D SU]NãDG GOD SRPLHV]F]Hĸ ELXURZFK R QRUPDOQHM ZVRNRŋFL PDNVPDOQ HIHNW FKãRG]HQLD ZQRVL :P SRZLHU]FKQL SRGãRJL 2JUDQLF]HQLH WR MHVW QDU]XFRQH SU]H] PDNVPDOQć GRSXV]F]DOQć SUĕGNRŋþ SRZLHWU]D Z XŧWNRZDQFK SU]H] OXG]L SRPLHV] F]HQLDFK D ]DWHP ZLĕNV]H ZVRNRŋFL SRPLHV]F]Hĸ VWZDU]DMć PRŧOLZRŋþ GRVWDUF]DQLD ZLĕNV]HJR HIHNWX FKãRG]HQLD : WUDNFLH ZV]HONLFK REOLF]Hĸ ]DSRWU]HERZDQLD QD FKãRG]H QLH QDOHŧ XZ]JOĕGQLDþ ZãDŋFLZRŋFL GQDPLF]QH EXGQNX RUD] MHJR ]GROQRŋþ DNXPXODFML 3URVWH GRGDQLH ZV]VWNLFK ÅHIHNWyZ EUXWWRµ UD]HP GDMH ZDUWRŋþ NWyUD PRŧH SU]HNUDF]Dþ U]HF]ZLVWH ]DSRWU]HERZDQLH QD FKãRG]HQLH PQLHM ZLĕFHM R 6WUXPLHĸ SRZLHWU]D QDZLHZDQHJR PD LVWRWQ ZSãZ QD MDNRŋþ SRZLHWU]D Z SRPLHV]F]HQLX D SRQDGWR UHDOL]XMH W]Z FKãRG]HQLH SRGVWDZRZH =DOHFD VLĕ DE WHPSHUDWXUD SRZLHWU]D QDZLHZDQHJR EãD QLŧV]D PDNVPDOQLH R ƒ RG WHPSHUDWXU SRPLHV]F]HQLD 1LHNLHG ]DFKRG]L NRQLHF]QRŋþ VNRPSHQVRZDQLD WHPSHUDWXU SRZLHWU]D QDZLHZDQHJR W]Q SRGZŧV]HQLD JR R NLOND VWRSQL Z SU]SDGNX VSDGNX WHPSHUDWXU QD GZRU]H %HOND FKãRG]ćFD SR NUMH UHV]Wĕ ]DSRWU]HERZDQLD QD FKãRG]HQLH 1DWĕŧHQLH SU]HSãZX ZRG ]PLHQLD VLĕ Z ]DOHŧQRŋFL RG ]DSRWU]HERZDQLD ]JRGQLH ]H ZVND]DQLDPL F]XMQLND WHPSHUDWXU Z GDQP SRPLHV]F]HQLX : SRUyZQDQLX ] VVWHPHP Z NWyUP MHGQP F]QQLNLHP FKãRG]ćFP Z SRPLHV]F]HQLDFK MHVW SRZLHWU]H VVWHP RSDUW QD EHONDFK FKãRG]ćFFK ZPDJD ]QDF]QLH PQLHM SRZLHU]FKQL ]DMPRZDQHM SU]H] XU]ćG]HQLD GR X]GDWQLDQLD SRZLHWU]D RUD] NDQDã UR]SURZDG]DMćFH 3RZLHWU]H QDZLHZDQH SRZLHWU]H ]QDMGXMÈFH VLÚ Z SRPLHV]F]HQLX %HONL QDZLHZDMÈFH SRZLHWU]H %HONL QDZLHZDMćFH SRZLHWU]H ZSRVDŧRQH Z QDZLHZQLNL V]F]HOLQRZH SR]ZDODMć QD X]VNDQLH PDNVPDOQHJR HIHNWX FKãRG]HQLD ] SRZLHWU]D QDZLHZDQHJR SU] ]DFKRZDQLX SUĕGNRŋFL SRZLHWU]D ]DSHZQLDMćFHM NRPIRUWRZH ZDUXQNL Z XŧWNRZDQFK SRPLHV]F]HQLDFK :QLND WR ] IDNWX ŧH SRZLHWU]H QDZLHZDQH ]D SRPRFć EHONL RVLćJD EDUG]R GXŧ VWRSLHĸ ZPLHV]DQLD ] SRZLHWU]HP ]QDMGXMćFP VLĕ Z SRPLHV]F]HQLX JGŧ SRZLHU]FKQLD VWNX ] SRZLHWU]HP Z SRPLHV]F]HQLX MHVW EDUG]R GXŧD : VNUDMQP SU]SDGNX UR]SURZDG]DQH SRZLHWU]H SRNUZD ]QDF]Qć F]ĕŋþ SRZLHU]FKQL VXÀWX %HONL MHGQRVWURQQHJR G]LDãDQLD Vć PRQWRZDQH QD ŋFLDQDFK QDWRPLDVW EHONL GZXGURJRZH Vć LQVWDORZDQH ZHZQćWU] SRPLHV]F]HQLD 5VXQHN %HONL QDZLHZDMćFH SRZLHWU]H LQVWDORZDQH Z VXÀWDFK SRGZLH V]DQFK ZNRU]VWXMć ]MDZLVNR RDQG GOD X]VNDQLD WDNLHJR HIHNWX DE VWUXPLHĸ SRZLHWU]D SU]OHJDã GR VXÀWX QD SHZQP RGFLQNX SU]HG VNLHURZDQLHP VLĕ Z Gyã 5VXQHN %HONL QDZLHZDMćFH SRZLHWU]H SU]NUWH RG JyU SU]H]QDF]RQH GR ]DLQVWDORZDQLD MDNR VZRERGQLH SRGZLHV]RQH UyZQLHŧ Z ]QDF]QP VWRSQLX ZNRU]VWXMć ]MDZLVNR RDQG 2JyOQLH SU]MĕWD ]DVDGD VWDQRZL ŧH Z SU]SDGNX SR]LRPHJR QD ZLHZDQLD SRZLHWU]D L SU] PDNVPDOQHM RGOHJãRŋFL PP SRPLĕG] GROQć NUDZĕG]Lć EHONL L VXÀWHP VWUXPLHĸ SRZLHWU]D EĕG]LH NLHURZDQ Z JyUĕ NX VXÀWRZL L EĕG]LH SU]OHJDã GR MHJR SRZLHU]FKQL 3UDZGRSRGRELHĸVWZR SU]OHJDQLD VWUXPLHQLD SRZLHWU]D ]RVWDMH ]ZLĕNV]RQH SU]H] QDZLHZ SRZLHWU]D VNLHURZDQ Z JyUĕ SRG RNUHŋORQP NćWHP 2SUDFRZDQ SU]H] )OlNW :RRGV SURJUDP GRERUX SURGXNWX SR]ZDOD RNUHŋOLþ U]HF]ZLVW ]DVLĕJ QDZLHZX SU] UyŧQFK RGOHJãRŋFLDFK SRPLĕG] EHONć D VXÀWHP 5VXQHN -HGQRVWURQQD QDGPXFKRZD EHOND QDZLHZDMćFD SRZLHWU]H QDGDMH VLĕ GR RNUHŋORQFK WSyZ SRPLHV]F]Hĸ WDNLFK MDN QS SRNRMH KRWHORZH 1DMNRU]VWQLHMV]H UH]XOWDW Vć RVLćJDQH JG ]RVWDQLH RQD ]DLQVWDORZDQD Z QDURŧQLNX VXÀWX VćVLDGXMćFP ] ãD]LHQNć NRUWDU]HP L QDZLHZD SRZLHWU]H Z NLHUXQNX IDVDG EXGQNX 7DNLH UR]ZLć]DQLH ]DSHZQLD SRQDGWR SURVW L ãDWZR GDMćF VLĕ DGDSWRZDþ VSRVyE SRGãćF]DQLD ZRG L SRZLHWU]D GRSURZDG]DQHJR
  • 34. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD P PHWU ELHĝÈF EHONL PPHWU ELHĝÈF EHONL 'RVWUDMDQLH ]DVLÚJX QDZLHZX Z SRPLHV]F]HQLX 'RVWUDMDQLH ]DVLÚJX QDZLHZX Z SRPLHV]F]HQLX %HONL )OlNW :RRGV ] URG]LQ ,4 SRVLDGDMć RGG]LHOQLH UHJXORZDQH GãXJRŋFL RWZRUyZ SR REX VWURQDFK 2]QDF]D WR ŧH QDWĕŧHQLD VWUX PLHQLD SRZLHWU]D ZSãZDMćFHJR ] OHZHM L SUDZHM VWURQ PRJć Eþ UHJXORZDQH GOD X]VNDQLD RSWPDOQHM SURSRUFML 1D SU]NãDG JG EHONL Vć XPLHV]F]RQH Z SREOLŧX ŋFLDQ WR VWUX PLHĸ SRZLHWU]D Z NLHUXQNX ŋFLDQ PRŧH ]RVWDþ RJUDQLF]RQ GR D Z SR]RVWDãP NLHUXQNX VWDQRZLþ EHG]LH 3RGF]DV SU]HEXGRZ LQVWDODFML F]ĕVWR PD PLHMVFH SU]HVWD ZLDQLH ŋFLDQHN G]LDãRZFK L ZWHG ]D SRPRFć UHJXORZDQFK GãXJRŋFL RWZRUyZ UR]SãZ VWUXPLHQLD SRZLHWU]D ZSãZDMćFHJR ] NDŧGHM EHONL PRŧH Eþ Z ãDWZ VSRVyE ]PLHQLDQ DE XQLNQćþ SUREOHPyZ ]ZLć]DQFK ] SRZVWDZDQLHP SU]HFLćJyZ 1LH]DOHŧ QLH RG WHJR VDP VWUXPLHĸ SRZLHWU]D PRŧH Eþ WDNŧH ]ZLĕNV]DQ OXE ]PQLHMV]DQ Z ]DOHŧQRŋFL RG SRWU]HE 'ODWHJR EDUG]R U]DGNR SRMDZLD VLĕ SUREOHP GRWF]ćF ]PLDQ XVWXRZDQLD EHOHN 0RŧOLZRŋþ UHJXODFML GãXJRŋFL V]F]HOLQ R]QDF]D ŧH EHOND SRVLDGD ZEXGRZDQć IXQNFMĕ SU]HSXVWQLF 0RJć Eþ GRNRQZD QH XPLDUNRZDQH ]PLDQ FLŋQLHQLD QDWĕŧHQLD SU]HSãZX EH] ZZLHUDQLD ]QDF]QHJR ZSãZX QD HIHNW FKãRG]HQLD 0LPR ŧH EHONL FKãRG]ćFH PDMć NUyWNL ]DVLĕJ WR Z SRPLHV] F]HQLDFK R ]QDF]QP ]DSRWU]HERZDQLX QD FKãRG]HQLH RUD] R GXŧFK QDWĕŧHQLDFK SU]HSãZX SRZLHWU]D PRŧH ZVWĕSRZDþ QLHEH]SLHF]HĸVWZR SRZVWDZDQLD SU]HFLćJyZ $E WHJR XQLNQćþ EHONL )OlNW :RRGV ] URG]LQ ,4 SRVLDGDMć WDN ]ZDQć IXQNFMĕ )3 )ORZ 3DWHUQ RQWURO ² UHJXODFMD ]DVLĕJX QDZLHZX
  • 35. -HVW RQD UHDOL]RZDQD SRSU]H] ZEXGRZDQH ŧHEHUND Z ]HZQĕWU]QFK V]F]HOLQDFK : ZQLNX SURVWFK RSHUDFML QD RGFLQNDFK PP PRJć RQH ]PLHQLDþ NLHUXQHN ZSãZDMćFHJR SRZLHWU]D SRSU]H] VNRNRZH ]PLDQ NćWRZHJR XVWDZLHQLD ŧHEHUHN Dŧ GR ƒ .RQVHNZHQFMć NćWRZHJR ZSãZX SRZLHWU]D ] EHONL MHVW VNUyFHQLH ]DVLĕJX PLHU]RQHJR SURVWRSDGOH Z]JOĕGHP EHONL 6NUyFHQLH ]DVLĕJX R PRŧH Eþ SU]MĕWH MDNR UHJXãD VWRVRZDQD Z SUDNWFH 7DN ZLĕF EHOND ] IXQNFMć )3 PRŧH Eþ XPLHV]F]DQD EOLŧHM ŋFLDQ RUD] EOLŧHM LQQFK EHOHN QLŧ EHONL QLH SRVLDGDMćFH IXQNFML )3 5VXQHN =ZLÚNV]DQLH QDWÚĝHQLD SU]HSïZX QDZLHZDQHJR SRZLHWU]D $E ]ZLĕNV]þ PDNVPDOQH QDWĕŧHQLH SU]HSãZX SRZLHWU]D EHOHN V]HUHJX ,4 PRJć Eþ RQH ZSRVDŧRQH Z SRGZyMQH U]ĕG RWZRUyZ SR REX VWURQDFK : SRUyZQDQLX ] EHONDPL ,4 ] SRMH GQF]PL U]ĕGDPL RWZRUyZ SRGZyMQH U]ĕG RWZRUyZ SRZR GXMć ]ZLĕNV]HQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D RUD] HIHNWX FKãRG]HQLD GOD GDQHJR VSDGNX FLŋQLHQLD 2SUDFRZDQ SU]H] )OlNW :RRGV SURJUDP GRERUX ZUREX GDMH PRŧOLZRŋþ RNUHŋOHQLD SDUDPHWUyZ EHOHN ] SRGZyMQPL U]ĕGDPL RWZRUyZ %HONL SDVZQH %HONL SDVZQH ]DVDGQLF]R NLHUXMć VWUXPLHĸ SRZLHWU]D Z SR PLHV]F]HQLX Z Gyã : SU]SDGNX QLH]EW ZVRNLFK SRPLHV] F]Hĸ QLH MHVW ]DWHP GR SU]MĕFLD DŧHE WDNLH EHONL XPLHV]F]Dþ EH]SRŋUHGQLR QDG VWDQRZLVNLHP SUDF ]ZãDV]F]D MHŋOL MHVW WR SUDFD VLHG]ćFD DE QLH QDUDŧDþ SUDFRZQLND QD SU]HFLćJL : SRPLHV]F]HQLDFK ] EHONDPL SDVZQPL SRZLHWU]H MHVW GRSURZDG]DQH SRSU]H] RGG]LHOQH XU]ćG]HQLD GR NRĸFRZHJR X]GDWQLDQLD GRSURZDG]DQHJR SRZLHWU]D 7HJR WSX HOHPHQW LQVWDODFML UHDOL]XMćFH ]DUyZQR IXQNFMH ZPLHV]DQLD MDN L ZSR UX SRZLHWU]D Z SRãćF]HQLX ] EHONDPL SDVZQPL ]DSHZQLDMć QDOHŧW NRPIRUW Z SRPLHV]F]HQLX :UD] ] ZSLHUDQLHP X]GDWQLRQHJR SRZLHWU]D UyŧQLFD WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP XOHJD ]PQLHMV]HQLX FKRFLDŧ IXQNFMD ZSRUX ]RVWDQLH XWU]PDQD : SRPLHV]F]H QLDFK Z NWyUFK QLH PD VXÀWX SRGZLHV]DQHJR ZDŧQH MHVW DE VWUXPLHĸ SRZLHWU]D ] XU]ćG]Hĸ ]HZQĕWU]QFK UHDOL]XMćFFK ZPLHV]DQLH GRSURZDG]DQHJR SRZLHWU]D ] SRZLHWU]HP Z SRPLHV]F]HQLX QLH ]DNãyFDã GRSãZX SRZLHWU]D GR EHONL FR REQLŧDãRE HIHNW FKãRG]HQLD X]VNLZDQ Z EHOFH : SU]SDGNX EHOHN SDVZQFK ZEXGRZDQFK Z VXÀW SRGZLHV]DQH )OlNW :RRGV ]DOHFD DE ]DFKRZDþ ZROQ REV]DU QD NUDZĕG]L VXÀWX SRGZLHV]DQHJR ZQRV]ćF PLQLPXP P QD PHWU ELHŧćF EHONL RUD] ZROQć SU]HVWU]Hĸ SRPLĕG] VWURSHP L JyUQć NUDZĕG]Lć EHONL ZQRV]ćF PP Z SU]SDGNX EHOHN V]HURNLFK SDWU] ² UV
  • 36. RUD] PP Z SU]SDGNX EHOHN ZćVNLFK SDWU] ² UV
  • 37. 5VXQHN 6]HURNLH EHONL SDVZQH ]DLQVWDORZDQH QD VXğFLH SRGZLHV]DQP 5VXQHN :ÈVNLH EHONL SDVZQH ]DLQVWDORZDQH QD VXğFLH SRGZLHV]DQP
  • 38. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD W]Q Z SU]SDGNX ZROQHM SRZLHU]FKQL VXILWX SRGZLHV]DQHJR L EHONL R V]HURNRŋFL PP RWU]PDP FF [ [ PP FF [ V]HURNRŋþ EHONL [ ZROQD SRZLHU]FKQLD VXILWX SRGZLHV]DQHJR =DOHFHQLD VVWHPRZH L SURMHNWRZH .DQDï GRSURZDG]DMÈFH SRZLHWU]H = SUDNWNL ZQLND ŧH QDMF]ĕŋFLHM VWRVXMH VLĕ MHGQć SU]HSXVWQLFĕ ZUyZQDZF]ć QD NDŧGć EHONĕ D ZLHONRŋFL QDWĕŧHQLD SU]HSãZX Vć RNUHŋODQH SRSU]H] SRPLDU FLŋQLHQLD QD ZORFLH EHONL 5R]ZLć]DQLH WDNLH MHVW V]F]HJyOQLH NRU]VWQH JG ZPDJDQD MHVW GXŧD HODVWF]QRŋþ SR]ZDOD RQR ERZLHP QD VZRERGQć UHJXODFMĕ QDWĕŧHQLD SU]HSãZX Z ]DOHŧQRŋFL RG SRWU]HE 6SDGHN FLŋQLHQLD QD EHOFH ZQRVL ]D]ZF]DM 3D 2]QDF]D WR ŧH QDZHW EHOHN ] UR]JDãĕ]LHQLDPL PRŧH Eþ SRGãćF]RQFK GR MHGQHJR NDQDãX ] PDNVPDOQP RGFKOHQLHP QDWĕŧHQLD SU]HSãZX ZQRV]ćFP “ SU] QRUPDOQP SU]HSãZLH SRZLHWU]D ZHZQćWU] NDQDãX 3R]ZDOD WR QD ]DVWRVRZDQLH MHGQHJR XU]ćG]HQLD GR SRPLDUX RUD] UHJXODFML SU]HSãZX QS SU]HSXVWQLF VRF]HZNRZHM
  • 39. GOD NLONX EHOHN -HVW WR RGSRZLHGQLH UR]ZLć]DQLH Z SU]SDGNX RNUHŋOHQLD QLVNLFK ZPDJDĸ RGQRV]ćFFK VLĕ GR HODVWF]QRŋFL 6WRVXMćF EHONL )OlNW :RRGV ] ZEXGRZDQć IXQNFMć UHJXODFML NRPIRUWX QLH PD SRWU]HE VWRVRZDQLD SU]HSXVWQLF GOD NDŧGHM EHONL SRQLHZDŧ UHGXNFMD SU]HSãZX MHVW ZEXGRZDQD Z NRQ VWUXNFMĕ EHONL 3R]ZDOD WR ]DUyZQR QD GXŧć HODVWF]QRŋþ MDN L QD PRŧOL ZRŋþ ZERUX QDMWDĸV]HJR UR]ZLć]DQLD ] SRMHGQF]ć SU]HSXVWQL Fć Z NDQDOH GOD NLONX EHOHN (XURSHMVNLH VWDQGDUG GRWF]ÈFH WHVWRZDQLD EHOHN FKïRG]ÈFFK :VSyãSUDFD Z UDPDFK 8QLL (XURSHMVNLHM GRSURZDG]LãD GR VWDQGDU]DFML PHWRG WHVWRZDQLD NWyUH PXV]ć Eþ VWRVRZDQH SU]H] SURGXFHQWyZ Z NUDMDFK 8( 1RUPD (1 RGQRVL VLĕ GR EHOHN SDVZQFK QDWRPLDVW QRUPD SU(1 RGQRVL VLĕ GR EHOHN QDZLHZDMćFFK SRZLHWU]H EHOHN DNWZQFK
  • 40. 3RQLHZDŧ FLHSãR RGSURZDG]DQH GR SRPLHV]F]HQLD W]Q QDGPLDU FLHSãD XVXZDQ Z EHOFH ZVNXWHN FKãRG]HQLD MHVW UR]SURZDG]DQ UyZQRPLHUQLH QD ŋFLDQ L QD SRGãRJĕ ZDUXQNL WHPSHUDWXURZH GOD SRZLHWU]D Z SRPLHV]F]HQLX SR]RVWDMć EDUG]R VWDELOQH L X]VNLZDQH Vć WDNLH VDPH ZQLNL WHVWyZ QLH]DOHŧQLH RG SU]HSURZDG]DMćFHJR MH ODERUDWRULXP 0HWRG WHVWyZ ZND]XMć GOD SRZLHWU]D Z SRPLHV]F]HQLX QLH]QDF]Q JUDGLHQW WHPSHUDWXU Z XNãDG]LH SLRQRZP KïRG]HQLH (IHNW FKãRG]HQLD SU] ]DVWRVRZDQLX EHONL FKãRG]ćFHM ]DOHŧ RG UyŧQLF WHPSHUDWXU SRPLĕG] WHPSHUDWXUć SRPLHV]F]HQLD L ŋUHGQLć WHPSHUDWXUć ZRG FKãRG]ćFHM Z ZĕŧRZQLF RUD] RG QDWĕŧHQLD SU]HSãZX SRZLHWU]D QDZLHZDQHJR %DUG]R ZDŧQH MHVW DE QD ZĕŧRZQLF RUD] QD UXU]H GRSUR ZDG]DMćFHM QLH GRFKRG]LãR GR VNUDSODQLD 3UDNWND SRND]XMH ŧH WHPSHUDWXUD ZRG QD ZHMŋFLX SRZLQQD ZQRVLþ ƒ 2JU]HZDQLH 'R RJU]HZDQLD SRPLHV]F]HQLD ZNRU]VWXMH VLĕ JU]HMQLN OXE REZyG JU]HZF] ]DPRQWRZDQ Z EHOFH 6WRVRZDQLH JU]HMQLND ]DSHZQL QDMPQLHMV]ć UyŧQLFĕ WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP :ĕŧRZQLFD ]DLQVWDORZDQD Z EHOFH PRŧH Eþ ZSRVDŧRQD Z GRGDWNRZ REZyG UXURZ QD ZRGĕ JU]HZF]ć NWyU PRŧH SUDFRZDþ ] GXŧć ZGDMQRŋFLć FLHSOQć SU] XWU]PDQLX QRUPDOQHM WHPSHUDWXU GRVWDUF]DQHM ZRG 'RNãDGQLH WDN VDPR MDN Z SU]SDGNX GIX]RUD VXÀWRZHJR ZPLDU EHOHN Vć RNUHŋODQH SRG NćWHP ]DSHZQLHQLD RGSRZLHG QLHJR UXFKX SRZLHWU]D Z SRPLHV]F]HQLX SRGF]DV SUDF Z UHŧL PLH FKãRG]HQLD : VWXDFML JG WHPSHUDWXUD GRSURZDG]DQHJR SRZLHWU]D MHVW QDGPLHUQLH ZVRND MDN WR PD PLHMVFH Z UHŧLPLH RJU]HZDQLD
  • 41. WR ZHQWODFMD ÅSU]HORWRZDµ Z SRPLHV]F]HQLX *UDGLHQW WHPSHUDWXU Z SRPLHV]F]HQLX : U]HF]ZLVWFK LQVWDODFMDFK ťUyGãD FLHSãD R ZVRNLP QDWĕŧHQLX SU]HSãZX NRQZHNFMQHJR EĕGć ZSãZDþ QD ]ZLĕNV]HQLH UyŧQL F SRPLĕG] WHPSHUDWXUć SRZLHWU]D FUNXOXMćFHJR GRSãZDMć FHJR GR ZĕŧRZQLF EHONL FKãRG]ćFHM RUD] WHPSHUDWXUć SRZLHWU]D Z SRPLHV]F]HQLX PLHU]RQć QD ZVRNRŋFL P SRQDG SRGãRJć -DNR WHPSHUDWXUĕ SRPLHV]F]HQLD SU]MPXMH VLĕ WHPSHUDWXUĕ SDQXMćFć QD ZVRNRŋFL P QDG SRGãRJć : VWXDFMDFK JG WHPSHUDWXUD SU] EHOFH MHVW ZŧV]D QLŧ QD SR]LRPLH P WD ZŧV]D WHPSHUDWXUD PXVL Eþ XZ]JOĕGQLDQD SU] REOLF]HQLDFK UyŧQLF WHPSHUDWXU SRPLĕG] WHPSHUDWXUć SRZLHWU]D L ŋUHGQLć WHPSHUDWXUć ZRG ¨W
  • 42. :ŧV]D ZDUWRŋþ ¨W EĕG]LH SRZRGRZDãD ]ZLĕNV]HQLH HIHNWX FKãRG]HQLD HPLWRZDQHJR SU]H] ZĕŧRZQLFĕ EHONL 7HPSHUDWXUD SU] EHOFH MHVW SU]MPRZDQD MDNR WHPSHUDWX UD SU] VXÀFLH 6WRVRZDQD MHVW SUDNWF]QD ]DVDGD ŧH Z RGQLHVLHQLX GR EHOHN QDZLHZDMćFFK SRZLHWU]H UyŧQLFD WHPSHUDWXU SRPLĕG] SRZLHWU]HP SU] EHOFH L SRZLHWU]HP QD SR]LRPLH P SU]MPRZDQD MHVW MDNR ZLHONRŋþ U]ĕGX ² ƒ: RGQLHVLHQLX GR EHOHN SDVZQFK WD ZDUWRŋþ ZQRVL ² ƒ %HONL LQVWDORZDQH SRZĝHM SHUIRURZDQHJR JïDGNLHJR
  • 43. VXğWX SRGZLHV]DQHJR : SHZQFK VWXDFMDFK SRMDZLD VLĕ ZPyJ DE EHONL FKãRG]ćFH Eã XNUWH SRZŧHM SHUIRURZDQHJR VXÀWX SRGZLHV]DQHJR 3UyE SU]HSURZDG]DQH Z ZDUXQNDFK U]HF]ZLVWFK ZND ]Dã ŧH EHONL FKãRG]ćFH )OlNW :RRGV SU]HZLG]LDQH GOD PRQWDŧX VZRERGQLH ]DZLHV]RQHJR EHONL ,4)' L ,4)(
  • 44. SR]ZDODMć X]VNDþ QDMOHSV]H ZQLNL ]DUyZQR SRG Z]JOĕGHP ZGDMQRŋFL MDN L VWUXPLHQLD SRZLHWU]D Z SRPLHV]F]HQLX $ŧHE X]VNDþ SHãQ HIHNW FKãRG]HQLD ] EHONL VXÀW SRGZLHV]DQ PXVL PLHþ FR QDMPQLHM ZROQHM SRZLHU]FKQL D RGOHJãRŋþ SRPLĕG] VXÀWHP SRGZLHV]DQP L EHONć SRZLQQD ZQRVLþ FR QDMPQLHM PP 6WUXPLHĸ SRZLHWU]D ] EHONL ,4)' L ,4)( MHVW NLHURZDQ XNRŋQLH Z JyUĕ D WR SRZRGXMH ŧH SRZLHWU]H PXVL PLHþ PQLHMV]ć SUĕGNRŋþ JG GRFLHUD GR VXÀWX SRGZLHV]DQHJR 5H]XOWDWHP WDNLHM VWXDFML MHVW ãDJRGQ GRSãZ SRZLHWU]D GR SRPLHV]F]HQLD EH] QLHEH]SLHF]HĸVWZD SRZVWDZD QLD SU]HFLćJyZ %HONL SDVZQH PXV]ć Eþ LQVWDORZDQH FR QDMPQLHM PP SRZŧHM VXÀWX SRGZLHV]DQHJR NWyU Z WP SU]SDGNX UyZ QLHŧ PXVL PLHþ FR QDMPQLHM ZROQHM SRZLHU]FKQL 6FKãRG]RQH SRZLHWU]H ] EHONL EĕG]LH SU]HSãZDãR SU]H] WDNL SHUIRURZDQ VXÀW SRGZLHV]DQ L UR]SãZDãR VLĕ QD FDãH SRPLHV]F]HQLH SU]H] REV]DU NWyU MHVW WU]NURWQLH ZLĕNV] QLŧ QRUPDOQLH 'RSãZ SRZLHWU]D GR XŧWNRZDQHM VWUHI Z SRPLHV]F]HQLX EĕG]LH EDU G]LHM ãDJRGQ QLŧ Z SU]SDGNX ]ZNãHJR VXÀWX SRGZLHV]DQHJR 3RZLHWU]H ] SRPLHV]F]HQLD NWyUH PXVL SU]HSãZDþ Z JyUĕ SU]H] VXÀW SRGZLHV]DQ QLH PRŧH Eþ ]DEXU]DQH SU]H] SRZLHWU]H SãQćFH ] EHONL FKãRG]ćFHM Z Gyã L SRZLQQR PLHþ GR VZRMHM GVSR]FML WDNć VDPć ZROQć SRZLHU]FKQLĕ VXÀWX SRGZLHV]DQHJR 0RŧOLZH MHVW VWRVRZDQLH SUDNWF]QHM ]DVDG JãRV]ćFHM ŧH PLQLPDOQD RGOHJãRŋþ FF SRPLĕG] EHONDPL PXVL ZQRVLþ
  • 45. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5VXQHN =DVLÚJL QDZLHZX 5VXQHN 'DQH DNXVWF]QH XOHJQLH QLH]QDF]QHPX SRJRUV]HQLX Z SRUyZQDQLX ] VWXDFMć ZVWĕSXMćFć Z UHŧLPLH FKãRG]HQLD D UyŧQLFD WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP Z]URŋQLH ([6HO$LU ([6HO$LU MHVW SURJUDPHP XPRŧOLZLDMćFP GREyU QDZLHZQLNyZ EHOHN FKãRG]ćFFK F] NOLPDNRQZHNWRUyZ -HVW WR SURJUDP SUDFXMćF Z VLHFL ,QWHUQHW UHJXODUQLH DNWXDOL]RZDQ EH] NRQLHF]QRŋFL ]DSDPLĕWZDQLD SU]H] XŧWNRZQLND L LQVWDORZDQLD SU]H] QLHJR DNWXDOQFK ZHUVML 3URJUDP REHMPXMH ‡ GDQH WHFKQLF]QH Z WP WDNŧH GDQH DNXVWF]QH SDWU] ² UVX QHN ‡ REOLF]HQLD ZPDJDĸ GRWF]ćFFK RJU]HZDQLD L FKãRG]HQLD ‡ SOLNL ';) NWyUH PRJć ]RVWDþ ZHNVSRUWRZDQH GR RSURJUD PRZDQLD $' ‡ WUyMZPLDURZH PRGHOH ZV]VWNLFK SURGXNWyZ ‡ ]DVLĕJL QDZLHZX SU]HGVWDZLRQH Z XNãDG]LH GZX L WUyMZ PLDURZP SDWU] ² UVXQHN ‡ LQVWUXNFMH LQVWDODFML L NRQVHUZDFML %HONL ZSRVDĝRQH Z IXQNFMÚ RĂZLHWOHQLD 1LHNWyUH WS EHOHN FKãRG]ćFFK PRJć SRVLDGDþ ZEXGR ZDQć IXQNFMH RŋZLHWOHQLD .RU]ŋþ ] WHJR MHVW WDND ŧH ZLĕFHM SRZLHU]FKQL VXÀWX SR]RVWDMH ZROQHM G]LĕNL WHPX ŧH EHONL FKãRG]ćFH ]RVWDã ZSRVDŧRQH Z UyŧQH IXQNFMH $ WR R]QDF]D ŧH F]QQRŋFL LQVWDODFMQH PRJć Eþ ZNRQZDQH V]EFLHM SU] MHGQRF]HVQP REQLŧHQLX NRV]WyZ WDNLHM LQVWDODFML JGŧ WU]HED ]DLQVWDORZDþ PQLHM XU]ćG]Hĸ $E X]VNDþ QDMEDUG]LHM RSWPDOQH GOD GDQHJR SRPLHV] F]HQLD UR]ZLć]DQLH REHMPXMćFH IXQNFMH RŋZLHWOHQLD L ZHQWOD FML QDOHŧ ]DGEDþ R ŋFLVãć ZVSyãSUDFĕ SRPLĕG] HNVSHUWHP RG ZHQWODFML RUD] HNVSHUWHP RG RŋZLHWOHQLD ERZLHP ZHQWODFMD L RŋZLHWOHQLH WR GZLH ]XSHãQLH RGUĕEQH JDãĕ]LH ÅQDXN WHFK QLF]QFKµ 1DMSURVWV]P UR]ZLć]DQLHP MHVW RŋZLHWOHQLH SRŋUHGQLH JG ŋZLDWãR ] ŧDUyZHN ]DPRFRZDQFK Z XFKZWDFK EĕG]LH NLH URZDQH Z JyUĕ Z NLHUXQNX VXÀWX L RGELMDQH RG QLHJR EĕG]LH UR]SUDV]DQH Z Gyã QD FDãH SRPLHV]F]HQLH (IHNWHP WDNLHJR SRGHMŋFLD EĕG]LH JHQHUDOQLH ÅRŋZLHWOHQLH ZLWUDŧRZHµ 1LH]EĕGQH MHVW ]DSHZQLHQLH RGSRZLHGQLHM RGOHJãRŋFL SRPLĕG] JyUQć NUD ZĕG]Lć EHONL L VXÀWHP DE ]DFKRG]LãR RGSRZLHGQLH UR]SURV]H QLH ŋZLDWãD -HŋOL FKRG]L R LQQH Z]JOĕG WR ZPDJDQLD ]ZLć]DQH ] ZHQWODFMć PRJć ZSãZDþ QD XVWXRZDQLH EHONL 6ZRERGQLH ]DZLHV]RQH EHONL FKãRG]ćFH )OlNW :RRGV ² PRGHOH ,4)' L ,4)( ² Vć RIHURZDQH ] RŋZLHWOHQLHP SRŋUHGQLP LOXE ] RŋZLHWOHQLHP EH]SRŋUHGQLP :LĕNV]H ZPDJDQLD ZVWĕSXMć Z SU]SDGNX RŋZLHWOHQLD EH] SRŋUHGQLHJR 'RWF]ć RQH ]DUyZQR ZLĕNV]HJR QDWĕŧHQLD RŋZLHWOHQLD VNLHURZD QHJR QD SU]NãDG QD SRZLHU]FKQLĕ PLHMVFD SUDF MDN L SRZLHWU]D ZSãZDMćFHJR ] EHONL L VNXWHF]QLH ZHQWOXMćFHJR XŧWNRZDQć VWUHIĕ SRPLHV]F]HQLD EH] SRMDZLDQLD VLĕ SU]HFLćJyZ : ZLĕNV]RŋFL SU]SDGNyZ GRSXV]F]DOQH MHVW SRãćF]HQLH WFK REX WHFKQLN FKRFLDŧ Z SHZQFK VWXDFMDFK PRŧH ZVWćSLþ WXWDM NRQÁLNW LQWHUHVyZ L WU]HED EĕG]LH ]QDOHťþ LQQH UR]ZLć]DQLH 3ãWD GROQD EHOHN )OlNW :RRGV PRGHOH ,4,' L 43'$ PRŧH Eþ ZSRVDŧRQD Z XFKZW GR RŋZLHWOHQLD EH]SRŋUHGQLHJR :LHORIXQNFMQH EHONL FKïRG]ÈFH : QLHNWyUFK VWXDFMDFK LVWQLHMH SRWU]HED ]DLQVWDORZDQLD EHONL NWyUD SRVLDGDãDE IXQNFMH GRWćG LQVWDORZDQH Z GDQP SRPLHV]F]HQLX RGG]LHOQLH 7DNLH UR]ZLć]DQLH MHVW QD]ZDQH ZLHORIXQNFMQć EHONć FKãRG]ćFć %HOND FKãRG]ćFD )OlNW :RRGV PRGHO ,4,' MHVW SU]NãDGHP ZLHORIXQNFMQHM EHONL FKãRG]ćFHM NWyUD Z SHãQP ZSRVDŧHQLX SRVLDGD QDVWĕSXMćFH IXQNFMH 1DZLHZDQLH SRZLHWU]D KãRG]HQLH L RJU]HZDQLH 5HJXODFMD NRPIRUWX ]PLHQQH GãXJRŋFL RWZRUyZ GOD QDZLHZD QHJR SRZLHWU]D
  • 46. )XQNFMD )3 )ORZ 3DWWHUQ RQWURO
  • 47. ² VWHURZDQLH NLHUXQNLHP QDZLHZX =ZLĕNV]DQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D :SRVDŧHQLH NRQWUROQRVWHUXMćFH 2ŋZLHWOHQLH 'RVWRVRZDQLH GR LQVWDODFML WUVNDF]RZHM =DOHFHQLD VVWHPRZH L SURMHNWRZH
  • 48. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD EHONL FKïRG]ÈFH EHONL FKïRG]ÈFH EHONL FKïRG]ÈFH EHONL FKïRG]ÈFH REZöG RELHJX SLHUZRWQHJR ļ FKïRG]LDUND ļ VWDïH QDWÚĝHQLH SU]HSïZX ļ FKïRG]HQLH ]GDOQH ļ ]PLHQQH QDWÚĝHQLH SU]HSïZX ]DZöU VWHUXMÈF ļ FKïRG]LDUND ļ ]DZöU WUöMGURJRZ ļ FKïRG]HQLH ]GDOQH ļ ]DZöU GZXGURJRZ ]DZöU EH]SLH F]HñVWZD REHMĂFLH UHJXODWRU VWDïHJR FLĂQLHQLD REZöG ] ZÚĝRZQLFÈ FKïRG]ÈFÈ ļ VWDïH QDWÚĝHQLH SU]HSïZX REZöG ] EHONÈ FKïRG]ÈFÈ ļ ]PLHQQH QDWÚĝHQLH SU]HSïZX 5VXQHN 5VXQHN 5VXQHN 6FKHPDW VVWHPX PHGLöZ RGELHUDMÈFFK FLHSïR =DOHFHQLD VVWHPRZH L SURMHNWRZH 6VWHP SRïÈF]Hñ UXURZFK 6VWHP PHGLöZ RGELHUDMÈFFK FLHSïR 6VWHP PHGLyZ RGELHUDMćFFK FLHSãR VNãDGD VLĕ ] REZRGX RELHJX SLHUZRWQHJR SU]HG VWDZLRQHJR QD UVXQNX
  • 49. REHMPXMćFHJR SRPSĕ JãyZQć QDF]QLH Z]ELRUF]H RUD] ² MHŋOL WR NRQLHF]QH ² ]ELRUQLN DNXPXODFMQ LWS 3URFHV FKãRG]HQLD ZRG RGEZD VLĕ Z REZRG]LH RELHJX SLHUZRWQHJR Z SD URZQLNX FKãRG]LDUNL OXE SR VWURQLH ZWyUQHM ZPLHQQLND FLHSãD 'R REZRGX RELHJX SLHUZRWQHJR Vć SRGãćF]HQL UyŧQHJR URG]DMX RGELRUF WZRU]ćF W]Z REZRG RELHJX ZWyUQHJR V]F]HJyã ² SDWU] UVXQHN
  • 50. NWyUH Vć ZSRVDŧRQH Z ZĕŧRZQLFH FKãRG]ćFH ]QDMGXMćFH VLĕ Z XU]ćG]HQLDFK X]GDWQLDQLD SRZLHWU]D RUD] Z EHONDFK FKãRG]ćFFK = SXQNWX ZLG]HQLD VWHURZDQLD REZyG RELHJX SLHUZRWQHJR MHVW VVWHPHP QD WRPLDVW NDŧG SRGãćF]RQ RGELRUFD MHVW VVWHPHP GVNUHWQP 2EZyG RELHJX SLHUZRWQHJR MHVW ]DZV]H ZSRVDŧRQ Z XU]ćG]HQLD GR UHJXOD FML WHPSHUDWXU PHGLXP RGELHUDMćFHJR FLHSãR D QLHNLHG WDNŧH Z XU]ćG]HQLD GR UHJXORZDQLD FLŋQLHQLD D ZLĕF L QDWĕŧHQLD SU]HSãZX 6WHURZDQLH ZGDMQRŋFLć FLHSãD RGEZD VLĕ ]D SRPRFć ]DZRUyZ GZX OXE WUyMGUR JRZFK V]F]HJyã ² SDWU] UVXQHN
  • 51. 6WHURZDQLH Z REZRG]LH ZWyUQP RGEZD VLĕ SU]H] UHJXORZDQLH WHPSHUDWXU Z SRPLHV]F]HQLX Z NDQDOH OXE Z UXU]H 3RGF]DV ]DPNDQLD ]DZRUX GZXGUR JRZHJR Z]UDVWD VSDGHN FLŋQLHQLD D PDOHMH QDWĕŧHQLH SU]HSãZX : SU]SDGNX LQVWDOD FML SRND]DQHM QD UVXQNX QDWĕŧHQLH SU]H SãZX EĕG]LH XOHJDþ ]PLDQRP Z REX RE ZRGDFK : SU]SDGNX LQVWDODFML SRND]DQHM QD UVXQNX QDWĕŧHQLH SU]HSãZX PRŧH SR]RVWDZDþ VWDãH Z REZRG]LH ZWyUQP QDWRPLDVW XOHJDþ ]PLDQRP Z REZRG]LH SLHUZRWQP =DZyU WUyMGURJRZ SRND]DQ QD U VXQNX PRŧH Eþ LQVWDORZDQ MDNR ]DZyU PLHV]DMćF GZD ZORW L MHGHQ ZORW UVX QHN
  • 52. OXE MDNR ]DZyU UR]G]LHOF] MHGHQ ZORW L GZD ZORW UVXQHN
  • 53. =DZyU WUyMGURJRZ ]D]ZF]DM MHVW LQVWDORZDQ MDNR ]DZyU PLHV]DMćF 1DWĕŧH QLH ZSãZX QD ZORFLH SR]RVWDMH VWDãH QD WRPLDVW QD ZORWDFK PRŧH XOHJDþ ]PLDQRP : SU]SDGNX LQVWDODFML SRND]DQHM QD U VXQNX QDWĕŧHQLH SU]HSãZX Z REZRG]LH ZWyUQP MHVW ]PLHQQH QDWRPLDVW QDWĕŧHQLH SU]HSãZX Z REZRG]LH SLHUZRWQP SR]R VWDMH VWDãH : SU]SDGNX LQVWDODFML SRND ]DQHM QD UVXQNX QDWĕŧHQLH SU]HSãZX SR]RVWDMH VWDãH Z REX REZRGDFK
  • 54. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5VXQHN =DZöU PLHV]DMÈF 5VXQHN =DZöU UR]G]LHOF] 5VXQHN 5VXQHN =DOHFHQLD VVWHPRZH L SURMHNWRZH :PDJDQLD GOD SU]HSãZX VWDãHJR ‡ 3RPSD SUDFXMćFD ]H VWDãć SUĕGNRŋFLć REURWRZć ‡ 6VWHP ] ]DZRUDPL WUyMGURJRZPL :DULDQW SU]HSãZX VWDãHJR MHVW ] UHJXã ZELHUDQ Z REZRG]LH RELHJX SLHUZRWQHJR Z VWXDFML JG LQVWDODFMD ]DZLHUD VZRMć ZãDVQć FKãRG]LDUNĕ ] XZDJL QD QLHEH]SLHF]HĸVWZR ]DPDU]DQLD SDURZQLND SU] EDUG]R PDãP QDWĕŧHQLX SU]HSãZX :PDJDQLD GOD SU]HSãZX ]PLHQQHJR ‡ 3RPSD ] UHJXODFMć SUĕGNRŋFL QDMF]ĕŋFLHM VWHURZDQć FLŋQLH QLRZR ‡ OXE SRPSD ] SãDVNć NU]Zć SRPS L RGSRZLHGQLR QLVNLP FLŋQLHQLHP Z SXQNFLH ]DSRURZP W]Q SU] ]HURZP QDWĕ ŧHQLX SU]HSãZX ‡ 6VWHP ] ]DZRUDPL GZXGURJRZPL =DZRU GZXGURJRZH Vć ]D]ZF]DM ZPDJDQH Z VVWHPDFK SRGãćF]RQFK GR VLHFL NOLPDW]DFML ]GDOQHM 8NïDG ZWöUQ 2EZyG SLHUZRWQ SUDFXMH ]D]ZF]DM SU] WHPSHUDWXU]H ZHM ŋFLRZHM U]ĕGX ƒ 7HPSHUDWXUD ZRG ]DVLODMćFHM GRSURZD G]DQHM GR EHOHN FKãRG]ćFFK QLH PRŧH Eþ QLŧV]D DQLŧHOL ƒ ] XZDJL QD U]NR VNUDSODQLD = WHJR Z]JOĕGX LQVWDOXMH VLĕ ]HVSyã ERF]QLNyZ XSXVWyZ
  • 55. SDWU] ² UVXQHN HOHPHQW
  • 56. Z FHOX PLHV]DQLD SRGJU]DQHM ZRG SRZURWQHM ]H VFKãRG]RQć ZRGć ]DVLODMćFć GOD X]VNDQLD VWDãHM WHPSHUDWXU =DZRU VWHUXMćFH VWRVRZDQH Z EHONDFK FKãRG]ćFFK Vć ]D ZRUDPL GZXGURJRZPL ] VLãRZQLNLHP WHUPLF]QP 1DWĕŧHQLH SU]HSãZX PHGLXP RGELHUDMćFHJR FLHSãR Z REZRG]LH RELHJX ZWyUQHJR MHVW ]DWHP ]PLHQQH 3R]LRP KDïDVX 6VWHP PHGLyZ RGELHUDMćFFK FLHSãR ]D]ZF]DM QLH MHVW REFLć ŧRQ Z QRF 'ODWHJR UDQNLHP ZV]VWNLH ]DZRU Vć ]DPNQLĕWH W]Q QDWĕŧHQLH SU]HSãZX Z REZRG]LH MHVW ]HURZH 3RPSD SUD FXMH Z SXQNFLH ]DSRURZP *G REFLćŧHQLH Z]UDVWD ZãćF]DQH MHVW RŋZLHWOHQLH XUXFKDPLDQH Vć NRPSXWHU GR SUDF SU]FKR G]ć SUDFRZQLF
  • 57. ]DZRU ]DF]QDMć VLĕ RWZLHUDþ .LHG FLŋQLHQLH QD ]DZRUDFK SU]HNURF] RNRãR N3D RWZLH UDMćFH VLĕ ]DZRU PRJć SRZRGRZDþ KDãDV :EyU MHGQHJR ] SRQLŧV]FK UR]ZLć]Dĸ SR]ZDOD MHGQDN ZHOLPLQRZDþ SUREOHP KDãDVX 3RPSD ] UHJXODFMÈ FLĂQLHQLRZÈ =DVDGD G]LDãDQLD SRPS ] UHJXODFMć FLŋQLHQLRZć SROHJD QD DXWRPDWF]QP REQLŧDQLX SUĕGNRŋFL REURWRZHM Z PLDUĕ MDN ]PQLHMV]D VLĕ QDWĕŧHQLH SU]HSãZX SDWU] ² UVXQHN HOHPHQW 1DMWDĸV]P L QDMSURVWV]P UR]ZLć]DQLHP MHVW SRPSD ] ZEXGRZDQP SU]HPLHQQLNLHP F]ĕVWRWOLZRŋFL 6WHUXMH RQ DXWRPDWF]QLH QDVWDZć FLŋQLHQLD QD SRPSLH XWU]PXMćF DOER ZDUWRŋþ VWDãć DOER ZDUWRŋþ ZQLNDMćFć ] NU] ZHM XZ]JOĕGQLDMćFHM VSDGHN FLŋQLHQLD SRZRGRZDQ WDUFLHP Z REZRG]LH 2JUDQLF]HQLH FLĂQLHQLD Z SXQNFLH ]DSRURZP $OWHUQDWZć GOD SRPS ] UHJXODFMć FLŋQLHQLRZć PRŧH Eþ Z EyU SRPS NWyUD Z VWXDFML JG QDWĕŧHQLH SU]HSãZX VSDGQLH GR ]HUD ZWZDU]D FLŋQLHQLH QLH]QDF]QLH PQLHMV]H QLŧ N3D ŦDGHQ ] ]DZRUyZ Z VVWHPLH QLH MHVW ZyZF]DV QDUDŧRQ QD G]LDãDQLH FLŋQLHQLD SU]HNUDF]DMćFHJR N3D D WP VDPP XQLND VLĕ SUREOHPyZ ]ZLć]DQFK ] QDGPLHUQP KDãDVHP 7DNLH UR] ZLć]DQLH PRŧH Eþ MHGQDN VWRVRZDQH WONR Z VVWHPDFK NWyUH Vć GRVWDWHF]QLH PDãH DE GR LFK REVãXJL ZVWDUF]DãR XŧFLH QLHZLHONLHM SRPS =DZöU EH]SLHF]HñVWZD QDGPLDURZRFLĂQLHQLRZ
  • 58. 7U]HFLć PRŧOLZRŋFLć MHVW ]DVWRVRZDQLH W]Z ]DZRUX QDGPLD URZRFLŋQLHQLRZHJR QD NRĸFX VVWHPX SDWU] UVXQHN HOHPHQW *G FLŋQLHQLH QD ]DZRU]H QDGPLDURZRFLŋQLHQLRZP RVLćJQLH ZVWĕSQLH XVWDZLRQć ZDUWRŋþ PDNVPDOQLH N3D
  • 59. ]DZyU RWZRU] VLĕ GRSURZDG]DMćF GR SRãćF]HQLD SU]HZRGX ]D VLODMćFHJR L SRZURWQHJR ']LĕNL WHPX SRPSD QLJG QLH RVLćJQLH SXQNWX ]DSRURZHJR 5HJXODWRU VWDïHJR FLĂQLHQLD 5HJXODWRU VWDãHJR FLŋQLHQLD SDWU] ² UVXQHN HOHPHQW
  • 60. GRNRQXMH SRPLDUX UyŧQLF FLŋQLHĸ SRPLĕG] SU]HZRGHP ]DVL ODMćFP L SRZURWQP L XWU]PXMH Mć QD VWDãP SR]LRPLH SU]H] GãDZLHQLH ZV]HONLHM ÅQDGZŧNL FLŋQLHQLDµ -HVW WR UHJXODWRU VDPRF]QQ 'XŧH VVWHP PHGLyZ RGELHUDMćFFK FLHSãR PRŧQD SRG]LHOLþ QD RGSRZLHGQLH JUXS NWyUH Vć ZSRVDŧRQH Z UHJXODWRU VWDãHJR FLŋQLHQLD SR]ZDODMćFH RJUDQLF]þ FLŋQLHQLH QD ]DZRUDFK VWHUXMćFFK 2SöěQLHQLH F]DVRZH : REZRG]LH ] ]DPNQLĕWPL ]DZRUDPL GZXGURJRZPL ZRGD RELHJRZD MHVW Z FDãNRZLWP EH]UXFKX *G ]DF]QLH VLĕ RWZLHUDþ SLHUZV] ]DZyU GR EHONL FKãRG]ćFHM ]DF]QLH GRSãZDþ ZRGD NWyUD SR]RVWDZDãD Z EH]UXFKX Z SU]HZRGDFK L VWDZDãD VLĕ FRUD] FLHSOHMV]D : SU]SDGNX GXŧFK VVWHPyZ PRŧH XSãQćþ VSRUR F]DVX ]DQLP Z XNãDG]LH SRMDZL VLĕ ]LPQD ZRGD 3RSU]H] SRãćF]HQLH ]H VREć VWRVXMćF SRãćF]HQLH ERF]QLNRZH SU]H] ]DZyU VWHUXMćF
  • 61. SU]HZRGX ]DVLODMćFHJR L SRZURWQHJR Z QDMEDUG]LHM RGOHJãP SXQNFLH REZRGX SDWU] ² UVXQHN HOHPHQW
  • 62. ]DSHZQLD VLĕ ŧH FUNXODFMD QLJG QLH XVWDQLH L Z HIHNFLH ZRGD FKãRGQD EĕG]LH ]DZV]H RVLćJDOQD
  • 63. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD =DOHFHQLD VVWHPRZH L SURMHNWRZH 2GSRZLHWU]DQLH .DŧG VVWHP JU]DQLD OXE FKãRG]HQLD VNãDGDMćF VLĕ ] UXU ZPDJD RGSRZLHWU]DQLD 6VWHP Vć ZSRVDŧRQH Z FHQWUDOQH XNãDG RGSRZLHWU]DQLD NWyUH Z VSRVyE FLćJã L DXWRPDWF]QLH XVXZDMć ZV]HONLH SĕFKHU]NL SRZLHWU]D SRMDZLDMćFH VLĕ Z ZRG]LH Z WUDNFLH SUDF VVWHPX 2GSRZLHWU]DQLH VVWHPyZ PHGLyZ RGELHUDMćFFK FLHSãR MHVW QLHFR WUXGQLHMV]H QLŧ RGSRZLHWU]DQLH VVWHPyZ PHGLyZ RJU]HZDMćFFK ] WHJR Z]JOĕGX ŧH SRZLHWU]H ãDWZLHM MHVW XZROQLþ Z ZŧV]HM WHPSHUDWXU]H 'ODWHJR WHŧ QDOHŧWH ]DSURMHNWRZDQLH RGSRZLHWU]DQLD GOD VVWHPX PHGLyZ RGELHUDMćFFK FLHSãR PD WXWDM GXŧR ZLĕNV]H ]QDF]HQLH DQLŧHOL Z SU]SDGNX VVWHPyZ RJU]HZDQLD R SRGREQFK SDUDPHWUDFK *G VVWHP MHVW QDSHãQLDQ ZRGć SRPSD ]QDMGXMH VLĕ Z VWDQLH VSRF]QNX :H ZV]VWNLFK QDMZŧHM SRãRŧRQFK SXQNWDFK VVWHPX ]QDMGXMH VLĕ ZyZF]DV XZLĕ]LRQH SRZLHWU]H 'ODWHJR ZV]VWNLH QDMZŧHM SRãRŧRQH SXQNW VVWHPX SRZLQQ Eþ ZSRVDŧRQH Z ]DZRU RGSRZLHWU]DMćFH : FHOX RJUDQLF]HQLD OLF]E ]DZRUyZ RGSRZLHWU]DMćFFK GR PLQLPXP VVWHP UXU QDOHŧ ]DSURMHNWRZDþ Z XNãDG]LH ÅPRFQR RSDGDMć FPµ Z]JOĕGHP SRMHGQF]HJR SXQNWX RGSRZLHWU]DQLD F]OL Z XNãDG]LH ÅPRFQR Z]QRV]ćFPµ Z]JOĕGHP EHONL FKãRG]ćFHM WR ]QDF] Z WDNL VSRVyE DE EHONL FKãRG]ćFH VWDQRZLã QDMQLŧHM SRãRŧRQH SXQNW VVWHPX 5XU ãćF]ćFH VVWHP PHGLyZ RGELHUDMćFFK FLHSãR PXV]ć Eþ SU]PRFRZDQH GR VNLHURZDQFK Z Gyã ZVWDMćFFK HOHPHQ WyZ ]QDMGXMćFFK VLĕ QD SU]HZRGDFK ERF]QFK D ŋFLŋOH PyZLćF ² QD LFK VSRGQLHM F]ĕŋFL
  • 64. = NROHL SU]HZRG ERF]QH Vć SRGãćF]DQH GR VNLHURZDQFK Z Gyã ZVWDMćFFK HOHPHQWyZ ]QDMGXMćFFK VLĕ QD SU]HZRGDFK JãyZQFK LWG =DZyU RGSRZLHWU]DMćF QDOHŧ LQVWDORZDþ ]DZV]H JG PDMć PLHMVFD RGVWĕSVWZD RG SRGDQFK ZŧHM ]DVDG L JG Z XNãDG]LH ZVWĕSXMć WDNLH QDMZŧHM SRãRŧRQH SXQNW 5HJXODFMD 6VWHP PHGLyZ RGELHUDMćFFK FLHSãR PXV]ć Eþ Z SRVDŧRQH Z XU]ćG]HQLD GR SRPLDUX L UHJXORZDQLD QDWĕŧHQLD SU]HSãZX =DZRU UHJXODFMQH ] JQLD]GDPL SRPLDURZPL Vć LQVWDORZDQH Z NDQDOH JãyZQP RUD] Z RGJDãĕ]LHQLDFK ERF] QFK SDWU] ² UVXQHN HOHPHQW =DOHFD VLĕ UyZQLHŧ DE NDŧGD EHOND EãD ZSRVDŧRQD Z ]DZyU UHJXODFMQ ] JQLD]GHP SRPLDURZP SDWU] UVXQHN HOHPHQW FKRFLDŧ Z SUDNWFH ]D]ZF]DM VWRVXMH VLĕ ]DZRU UHJXODFMQH EH] JQLD]GD SRPLD URZHJR : WDNLP SU]SDGNX ZLHONRŋþ QDWĕŧHQLD SU]HSãZX UHJXOXMH VLĕ Z RSDUFLX R ZOLF]RQH ZDUWRŋFL V]DFXQNRZH 5VXQHN 3U]HSïXNLZDQLH =DZRU QD EHONDFK FKãRG]ćFFK VãXŧć GR UHJXODFML VWRVXQNRZR QLHGXŧFK QDWĕŧHĸ SU]HSãZX FLHF] 3U]HSXVWRZRŋþ ]DZRUX MHVW ERZLHP QLHZLHOND 6VWHP WDNLH Vć ]DWHP EDUG]R F]XãH QD ZV]HONLH ]DQLHF]V]F]HQLD ]QDMGXMćFH VLĕ Z ZRG]LH 'ODWHJR ZVND]DQH MHVW DE UXURFLćJL Eã ]DRSDWU]RQH Z VSHFMDOQH VWRS QLH XPRŧOLZLDMćFH SãXNDQLH SDWU] ² UVXQHN HOHPHQW QD VWURQLH ,]RODFMD 3U]HZRG SU]H]QDF]RQH GOD PHGLyZ FKãRG]ćFFK PXV]ć SRVLDGDþ GIX]MRV]F]HOQć L]RODFMĕ ]DEH]SLHF]DMćFć SR]ZDODMćFć XQLNQćþ VNUDSODQLD PHGLXP 1DMF]ĕŋFLHM L]RODFMD SU]HZRGyZ NWyUPL SãQć PHGLD RGELHUDMćFH FLHSãR MHVW ZNRQDQD ] JXP SRURZDWHM ,]RODFMĕ WDNć SRZLQQ SRVLDGDþ ]DUyZQR SU]HZRG ZRG ]DVLOD MćFHM MDN L SRZURWQHM R SUDZGD SU]HZRG SRZURWQH Vć ]D]Z F]DM WDN JRUćFH ŧH QLHEH]SLHF]HĸVWZR VNUDSODQLD SUDNWF]QLH WDP QLH ZVWĕSXMH QLHPQLHM MHGQDN Z ZQLNX DZDULL Z WUDNFLH SUDF VVWHPX OXE XVWHUNL ZSRVDŧHQLD VWHUXMćFHJR WHPSHUDWXUD PRŧH QDJOH REQLŧþ VLĕ SRQLŧHM SXQNWX URV FR Z NRQVHNZHQFML PRŧH GRSURZDG]Lþ GR SRZVWDQLD VNURSOLQ 3RQDGWR QDGPLHUQH VWUDW HQHUJLL QD UXURFLćJDFK Vć ]DEURQLRQH SU]HSLVDPL XQLMQPL L ORNDOQPL UR]SRU]ćG]HQLDPL QS .UDMRZHM 6]ZHG]NLHM .RPLVML GV 5R]ZRMX %XGRZQLFWZD %RYHUNHWV %JJUHJOHU %%5
  • 65. =DZRU =HVWDZ ]DZRUöZ 0XVL LVWQLHþ PRŧOLZRŋþ ZãćF]HQLD NDŧGHM EHONL FKãRG]ćFHM D WDNŧH ]DGDZDQLD L EDUG]R F]ĕVWR WDNŧH UHJXORZDQLD QDWĕŧH QLD SU]HSãZX 1D NDŧGHM EHOFH MHVW ZLĕF LQVWDORZDQ ]HVWDZ ]DZRUyZ SR]ZDODMćF QD UHDOL]DFMĕ WFK IXQNFML =DZyU VWHUXMćF PRŧH SRVLDGDþ UHJXORZDQć ZDUWRŋþ ZVSyãF]QQLND SU]HSãZX NYV FR R]QDF]D ŧH WDNL ]DZyU VWHUXMćF XPRŧOLZLD UHJXODFMĕ QDWĕŧHQLD SU]HSãZX ZRG : WDNLP SU]SDGNX ]HVWDZ ]DZRUyZ VNãDGD VLĕ ] GZyFK ]DZRUyZ RGFLQDMćFFK V]F]HJyã ²SDWU] HOHPHQW RUD] ] MHG QHJR ]DZRUX VWHUXMćFHJR V]F]HJyã ² SDWU] HOHPHQW =DZyU VWHUXMćF MHVW LQVWDORZDQ QDMF]ĕŋFLHM QD ZORFLH -HŋOL ]DZyU VWHUXMćF SRVLDGD VWDãć ZDUWRŋþ ZVSyãF]QQLND SU]HSãZX NYV WR LQVWDOXMH VLĕ GRGDWNRZ ]DZyU UHJXODFMQ XPRŧOLZLDMćF ]DGDZDQLH QDWĕŧHQLD SU]HSãZX SDWU] ² UVXQHN HOHPHQW 0RŧH RQ SUDFRZDþ MDNR ]DZyU RGFLQDMćF L ]DVWĕSXMH ZWHG MHGHQ ] ]DZRUyZ RGFLQDMćFFK =HVWDZ ]DZRUyZ VNãDGD VLĕ ZWHG ] MHGQHJR ]DZRUX RGFLQD MćFHJR QD ZORFLH HOHPHQW MHGQHJR ]DZRUX VWHUXMćFHJR QD SU]HZRG]LH SRZURWQP HOHPHQW RUD] ] MHGQHJR ]DZRUX VWHUXMćFHJR QD ZORFLH HOHPHQW =DLQVWDORZDQLH ]DZRUX RGFLQDMćFHJR QD ZORFLH SDWU] ² U VXQHN HOHPHQW PRŧH Eþ NRU]VWQH ] XZDJL QD ]QDMGXMćF VLĕ Z WHJR WSX ]DZRU]H PDã ÀOWU VLDWNRZ Z NXOL 7HQ ÀOWU VLDWNRZ FKURQL ]DZRU UHJXODFMQH L VWHUXMćFH SU]HG ZV]HONLPL ]DQLHF]V]F]HQLDPL MDNLH PRJć ]QDMGRZDþ VLĕ Z ZRG]LH -HŋOL EHOND FKãRG]ćFD VWDQRZL QDMZŧV] SXQNW Z VVWH PLH WR Z VNãDG ]HVWDZX ]DZRUyZ PXVL ZFKRG]Lþ WDNŧH ]DZyU RGSRZLHWU]DMćF QD SU]HZRG]LH SRZURWQP MDN SRND]DQR QD UVXQNX HOHPHQW 3RïÈF]HQLH ]D SRPRFÈ SU]HZRGX JLÚWNLHJR 'OD XPRŧOLZLHQLD UHJXODFML SRãRŧHQLD EHONL FKãRG]ćFHM Z SLRQLH L Z SR]LRPLH NRU]VWQH PRŧH RND]Dþ VLĕ ZNRQDQLH SRãćF]Hĸ ]D SRPRFć SU]HZRGX JLĕWNLHJR ]JRGQLH ] UVXQNLHP HOHPHQW 3U]HZRG JLĕWNLH FKDUDNWHU]XMć VLĕ ZLĕNV]P RSRUHP KGUDXOLF]QP WDUFLHP ZHZQĕWU]QP
  • 66. QLŧ UXU FR R]QDF]D ŧH QLHNLHG NRQLHF]QH PRŧH RND]Dþ VLĕ ]DVWRVRZDQLH SU]HZRGyZ JLĕWNLFK R ZPLDUDFK ZLĕNV]FK QLŧ ZPLDU UXU =DZöU VWHUXMÈF 3U]HSXVWRZRŋþ EHONL FKãRG]ćFHM PRŧH Eþ UHJXORZDQD Z ]DOHŧ QRŋFL RG SRWU]HE SRSU]H] ]PLDQĕ QDWĕŧHQLD SU]HSãZX ZRG SU]H] EHONĕ 6SDGHN FLŋQLHQLD QD ]DZRU]H PXVL Eþ FR QDMPQLHM WDN GXŧ MDN VSDGHN FLŋQLHQLD QD EHOFH DOH QLH PRŧH SU]HNUDF]Dþ N3D
  • 67. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5VXQHN 5VXQHN 5VXQHN =DOHFHQLD VVWHPRZH L SURMHNWRZH -HGHQ ]DZöU QD EHONÚ 3RGãćF]HQLH NLONX EHOHN GR ZVSyOQHJR ]DZRUX VWHUXMćFHJR PRŧH ZLć]Dþ VLĕ ] NRQLHF]QRŋFLć ]EXGRZDQLD GRGDWNRZHJR XNãDGX UXURFLćJyZ MDN SRND]DQR QD UVXQNX 5VXQHN 1DMZLĕNV]ć HODVWF]QRŋþ X]VNXMH VLĕ SU] ]DLQVWDORZDQLX MHGQHJR ]DZRUX QD NDŧGHM EHOFH MDN SRND]DQR QD UVXQNX -HGHQ ]HVSyã VWHUXMćF PRŧH VWHURZDþ SUDFć MHGQHM OXE ZLĕFHM EHOHN : UD]LH HZHQWXDOQHM SU]V]ãHM SU]HEXGRZ XNãDGX Z PDJDQH EĕG]LH GRNRQDQLH SU]HãćF]HQLD HOHNWUF]QHJR SRPLĕG] ]HVSRãDPL VWHUXMćFPL =DVDGD WD GRWF] EXGQNyZ ELXURZFK ] UXUDPL VVWHPX PH GLyZ RGELHUDMćFFK FLHSãR SRSURZDG]RQPL QD NRUWDU]X RUD] SRPLHV]F]Hĸ ELXURZFK Z XNãDG]LH ÅFHOO RIÀFHµ SRPLHV]F]HQLD ELXURZH WSX ÅMHGQD RVRED Z SRNRMXµ@ OXE SU]V]ãHJR XNãDGX ÅFHOO RIÀFHµ Z]GãXŧ IDVDG EXGQNX ] SRG]LDãHP QD PRGXã )LUPD )OlNW :RRGV RIHUXMH UHJXODWRU SR]ZDODMćFH QD VWHURZDQLH ZLHORPD ]DZRUDPL NDŧG ]QDMGXMćFPL VLĕ SR VWURQLH FKãR G]HQLD L JU]DQLD 3RSU]H] ]EXGRZDQLH VVWHPX ] UHJXODWRUDPL SRGU]ĕGQPL SRMHGQF] UHJXODWRU PRŧH XUXFKDPLDþ GR ]DZRUyZ Z OLQLL FKãRG]HQLD L ]DZRUyZ Z OLQLL JU]DQLD :VSöOQ ]DZöU VWHUXMÈF GOD NLONX EHOHN .LOND EHOHN FKãRG]ćFFK PRŧH ]RVWDþ SRGãćF]RQFK UD]HP GR ZVSyOQHJR ]DZRUX VWHUXMćFHJR ]JRGQLH ] UVXQNLHP 3RQLHZDŧ ]PLDQ VWUHI UHJXODFML ZPDJDMć SU]HEXGRZ VVWHPX UXU ZLĕF PHWRGD WDND MHVW ZNRU]VWZDQD WONR Z SU]SDGNX RELHNWyZ JG]LH QLH PD ZPRJX ]DSHZQLHQLD HODVWF]QRŋFL 1D SU]NãDG Z SU]SDGNX GXŧFK SRPLHV]F]Hĸ ELXURZFK ORNDOL KDQGORZFK V]Nyã LWS 3RUyZQDQLH NRV]WyZ ] VWRVRZDþ ZVSyOQ ]DZyU GOD NLONX EHOHN F] SRMHGQF] ]DZyU GOD NDŧGHM EHONL =DZRU VWHUXMćFH RUD] VLãRZQLNL VWRVRZDQH Z SU]SDGNX SRMHGQF]FK EHOHN Vć XU]ćG]HQLDPL VWRVXQNRZR PDãR VNRPSOL NRZDQPL L WDQLPL QDWRPLDVW GXŧH ]DZRU SR]ZDODMćFH QD VWH URZDQLH NLONRPD EHONDPL MHGQRF]HŋQLH Vć HOHPHQWDPL R ]XSHãQLH LQQHM NRQVWUXNFML L GXŧR GURŧV]PL ]ĕVWR RND]XMH VLĕ ŧH Z VVWHPDFK VNãDGDMćFFK VLĕ ] SR PLHV]F]Hĸ ELXURZFK WSX ÅFHOO RIÀFHµ Z]GãXŧ NRUWDU]D NRV]W ]DVWRVRZDQLD RGG]LHOQHJR ]DZRUX VWHUXMćFHJR GOD NDŧGHM EHONL RNDŧć VLĕ QLHZLHOH ZŧV]H D SR]ZROL WR GRGDWNRZR QD VWZRU]H QLH VVWHPX R GXŧHM HODVWF]QRŋFL 6VWHP VWHURZDQLD 2JU]HZDQLH L FKïRG]HQLH : SRPLHV]F]HQLDFK ZPDJDMćFFK ]DUyZQR RJU]HZDQLD MDN L FKãRG]HQLD ] XZDJL QD RV]F]ĕGQRŋþ HQHUJLL ZVND]DQH MHVW ]DLQVWDORZDQLH VVWHPX VWHURZDQLD NWyU XQLHPRŧOLZL MHG QRF]HVQH IXQNFMRQRZDQLH XNãDGX JU]HZF]HJR L FKãRG]ćFHJR 2JU]HZDQLH PRŧH Eþ UHDOL]RZDQH ]D SRPRFć JU]HMQLNyZ OXE REZRGyZ JU]HZF]FK Z EHOFH FKãRG]ćFHM =DUyZQR JU]HMQLN MDN L ZĕŧRZQLFD JU]HZF]D EHONL PRJć Eþ ZSRVDŧRQH Z ]DZyU VWHUXMćF 6WHURZDQLH ]DZRUDPL RGEZD VLĕ VHNZHQFMQLH ]H ZVSyOQHJR XU]ćG]HQLD VWHUXMćFHJR WR ]QDF] ŧH DE PRŧQD EãR RWZRU]þ ]DZyU FKãRG]ćF QDMSLHUZ PXVL ]RVWDþ ]DPNQLĕW ]DZyU JU]HZF] ]ĕVWR SRPLĕG] VWUHIDPL JU]DQLD L FKãRG]HQLD MHVW GRGDWNRZR Z]QDF]DQD VWUHID QHXWUDOQD Z NWyUHM GOD RNUHŋORQHJR SU]HG]LDãX WHPSHUDWXU RED ]DZRU SR]RVWDMć ]DPNQLĕWH SDWU] ² UVXQHN 3U]HFLÈJL : QRZRF]HVQFK EXGQNDFK FKDUDNWHU]XMćFFK VLĕ GREUHM MDNRŋFL L QLH]EW GXŧFK UR]PLDUyZ RNQDPL ZVND]DQH MHVW VWRVR ZDQLH VVWHPX VWHURZDQLD VHNZHQFMQHJR ]H VWUHIć QHXWUDOQć -HŋOL MHGQDNŧH RNQD Vć ZLHONRZPLDURZH LOXE JRUV]HM MDNRŋFL ]DVWRVRZDQLH VVWHPX VWHURZDQLD VHNZHQFMQHJR PRŧH Eþ ťUyGãHP SRZVWDZDQLD SUREOHPyZ ] SU]HFLćJDPL Z ]ZLć]NX ] DXWRPDWF]QP ZãćF]DQLHP JU]HMQLND Z PRPHQFLH SRMDZLH QLD VLĕ ]DSRWU]HERZDQLD QD FKãRG]HQLH :VWĕSXMć ERZLHP GãX JLH RNUHV F]DVX JG JU]HMQLN MHVW ZãćF]RQ D RNQR MHVW ]LPQH ,VWQLHMH NLOND UyŧQFK PHWRG SR]ZDODMćFFK ZHOLPLQRZDþ WHQ SUREOHP
  • 68. =DZyU VWHUXMćF GOD JU]HMQLND MHVW FHORZR QLHV]F]HOQ D ZLĕF ]DZyU WHQ QLJG QLH EĕG]LH FDãNRZLFLH ]DPNQLĕW SDWU] ² UVXQHN HOHPHQW
  • 69. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5VXQHN 5VXQHN 5 69 69 69 69 QDWÚĝHQLH SU]HSïZX ZRG REFLÈĝHQLH SRPLHV]F]HQLD *7 *7 *0 5 *7 ZLOJRWQRĂÊ Z]JOÚGQD ļ *0 SXQNW URV VNUDSODQLH WHPSHUD WXUD ļ *7 =DOHFHQLD VVWHPRZH L SURMHNWRZH
  • 70. *U]HMQLN PRŧH Eþ ZNRU]VWZDQ MDNR ÅF]VWµ VSRVyE QD ]DEH]SLHF]HQLH SU]HG SU]HFLćJDPL SRSU]H] VWHURZDQLH WHPSHUDWXUć ZRG ]DVLODMćFHM ZãćF]QLH Z RGQLHVLHQLX GR WHPSHUDWXU SDQXMćFHM QD ]HZQćWU] SRPLHV]F]HQLD *U]HMQLN MHVW ZWHG ZSRVDŧRQ Z ]DZyU UĕF]Q D WHPSHUDWXUD ZRG ]DVLODMćFHM MHVW UHJXORZDQD ]JRGQLH ] NU]Zć WHPSHUDWXU QD ]HZQćWU] SRPLHV]F]HQLD 6NUDSODQLH 1DMQLŧV]D GRSXV]F]DOQD WHPSHUDWXUD PHGLXP RGELHUDMćFHJR FLH SãR PXVL Eþ WDN GREUDQD DE RVLćJDQ Eã QDMZLĕNV] PRŧOLZ GR RVLćJQLĕFLD HIHNW FKãRG]HQLD Z GDQHM EHOFH FKãRG]ćFHM 7D GROQD JUDQLFD MHVW Z]QDF]DQD SU]H] QLHEH]SLHF]HĸVWZR SRMDZLHQLD VLĕ VNURSOLQ PRJćFFK VLĕ SRMDZLþ Z WHM F]ĕŋFL VVWHPX PHGLyZ RGELHUDMćFFK FLHSãR Z NWyUHM WHPSHUDWXUD SRZLHU]FKQLRZD VSDGQLH SRQLŧHM SXQNWX URV GOD RWDF]DMćFHJR SRZLHWU]D : RGQLHVLHQLX GR PHGLXP RGELHUDMćFHJR FLHSãR SU]MPXMH VLĕ ŧH WHPSHUDWXUD ƒ MHVW ZVWDUF]DMćFR ZVRND DE ]DSR ELHF SRZVWDZDQLX VNURSOLQ Z ZDUXQNDFK QRUPDOQFK 0RJć ]GDU]þ VLĕ MHGQDN WDNLH GQL Z URNX ]ZãDV]F]D Z VLHUSQLX NLHG ZLOJRWQRŋþ SRZLHWU]D MHVW WDN ZVRND ŧH ]MD ZLVNR VNUDSODQLD PRŧH ZVWćSLþ MXŧ Z WHPSHUDWXU]H ƒ 6SRVRE ]DSRELHJDQLD SUREOHPRP ]ZLć]DQP ]H VNUDSOD QLHP Vć QDVWĕSXMćFH ]XMQLN VNUDSODQLD QD UXUDFK GRFKRG]ÈFFK GR EHONL FKïRG]ÈFHM 'R XU]ćG]HQLD VWHUXMćFHJR SUDFć ]DZRUX FKãRG]ćFHJR QD EHOFH FKãRG]ćFHM PRŧH Eþ SRGãćF]RQ F]XMQLN VNUDSODQLD SDWU] ² HOH PHQW
  • 71. ]DPRQWRZDQ QD UXU]H GRSURZDG]DMćFHM PHGLXP RGELHUDMćFH FLHSãR GR EHONL FKãRG]ćFHM *G F]XMQLN ZNUMH QLHEH]SLHF]HĸVWZR SRMDZLHQLD VLĕ VNUDSODQLD QD UXU]H W]Q JG ZLOJRWQRŋþ Z]JOĕGQD SU]HNURF] ]DZyU VWHUXMćF ]DPNQLH VLĕ Z ZQLNX F]HJR Z]URŋQLH WHPSHUDWXUD SRZLHU]FKQLRZD QD UXU]H GRFKRG]ćFHM GR EHONL RUD] QD ZĕŧRZQLF L ]QLNQLH QLHEH] SLHF]HĸVWZR SRZVWDZDQLD NRQGHQVDFML =DOHWD =DQLN FKãRG]HQLD ZVWćSL WONR GOD WFK SRPLHV]F]Hĸ NWyUH EĕGć QDUDŧRQH QD QLHEH]SLHF]HĸVWZR SRMDZLHQLD VLĕ VNUDSODQLD :DGD %UDN FKãRG]HQLD Z SRPLHV]F]HQLX =ZLÚNV]HQLH WHPSHUDWXU PHGLXP RGELHUDMÈFHJR FLHSïR :LOJRWQRŋþ SRZLHWU]D MHVW PLHU]RQD ]D SRPRFć F]XMQLND ZLO JRWQRŋFL Z]JOĕGQHM *0
  • 72. RUD] F]XMQLND WHPSHUDWXU SRZLHWU]D *7
  • 73. 3R RNUHŋOHQLX ]DZDUWRŋFL ZRG Z SRZLHWU]X D WP VDPP SXQNWX URV Z]QDF]RQD ZF]HŋQLHM ZDUWRŋþ RGQLHVLHQLD WHPSHUDWXU PHGLXP RGELHUDMćFHJR FLHSãR *7
  • 74. MHVW SU]HVX ZDQD Z JyUĕ ]JRGQLH ] NU]Zć WDN DE ]DSRELHF SRZVWDQLX ]MDZLVND NRQGHQVDFML SDWU] ² UVXQHN SRQLŧHM : ]DOHŧQRŋFL RG ]DVWRVRZDQLD SRPLDU ZLOJRWQRŋFL SRZLHWU]D PRŧH Eþ GRNRQZDQ Z SRPLHV]F]HQLX DOER QD ]HZQćWU] 3U]HG GRNRQDQLHP WDNLHJR SRPLDUX ZHZQćWU] SRPLHV]F]HQLD QS GOD SRZLHWU]D XVXZDQHJR QDOHŧ VLĕ XSHZQLþ ŧH ZV]VWNLH GU]ZL L RNQD Vć ]DPNQLĕWH DE SRZLHWU]H ]HZQĕWU]QH QLH PLDãR VWF]QRŋFL ] VVWHPHP PHGLyZ RGELHUDMćFFK FLHSãR : LQVWDOD FMDFK Z NWyUFK RNQD L GU]ZL PRJć Eþ F]ĕVWR RWZLHUDQH WDNL SRPLDU SRZLQLHQ Eþ SU]HSURZDG]DQ QD ]HZQćWU] SRPLHV] F]HQLD =DOHWD -HVW WR SRPLDU RJyOQ NWyU SR]ZDOD QD XQLNQLĕFLH QLHEH]SLHF]HĸVWZD SRZVWDZDQLD NRQGHQVDFML GOD FDãHJR EXGQNX MHGQRF]HŋQLH :DGD (IHNW FKãRG]HQLD XOHJD ]PQLHMV]HQLX Z FDãP EX GQNX D ZLĕF WDNŧH Z SRPLHV]F]HQLDFK ZPDJDMć FFK VWDãHJR FKãRG]HQLD Z SHãQP ]DNUHVLH WDNLFK MDN SRNRMH Z NWyUFK ]QDMGXMć VLĕ NRPSXWHU 3UREOHP WHQ QLH ZVWĕSXMH MHGQDNŧH Z SU]SDGNX EDUG]R NUyWNLFK RNUHVyZ WDNLFK SRJRUV]Hĸ 2VXV]DQLH : EXGQNDFK Z NWyUFK RNQD L GU]ZL Vć ]D]ZF]DM ]DPNQLĕWH U]NR VNUDSODQLD PRŧQD ZHOLPLQRZDþ SRSU]H] RVXV]DQLH SR ZLHWU]D QDZLHZDQHJR 6VWHPDWF]QH SU]HSURZDG]DQLH SURFHVX RVXV]DQLD SRZLHWU]D ZPDJD ]DPRQWRZDQLD ZĕŧRZQLF JU]HZ F]HM ]D ZĕŧRZQLFć FKãRG]ćFć 3R]ZDOD WR ]DSRELHF ]EW GXŧHPX VFKãRG]HQLX SRZLHWU]D SR SU]HMŋFLX SU]H] ZĕŧRZQLFĕ FKãRG]ćFć : FHOX XQLNQLĕFLD U]ND VNUDSODQLD Z GQL R V]F]HJyOQLH GXŧHM ZLOJRWQRŋFL SRZLHWU]D GOD OHSV]HJR XVXV]HQLD PRŧQD ]DVWRVR ZDþ GRGDWNRZH FKãRG]HQLH SRZLHWU]D QDZLHZDQHJR EH] SRQRZ QHJR SRGJU]HZDQLD =DOHWD 8WU]PDQLH SHãQHM ZGDMQRŋFL FKãRG]HQLD :DGD 3RPLHV]F]HQLD R QLHZLHONLP REFLćŧHQLX WHUPLF]QP QS QLH XŧZDQH VDOH NRQIHUHQFMQH ]QDMGXMćFH VLĕ Z JãĕEL EXGQNX PRJć XOHF ]QDF]QHPX ZFKãRG]HQLX
  • 75. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5VXQHN 6SRVöE ]DLQVWDORZDQLD VZRERGQLH ]DZLHV]RQHM EHONL FKïRG]ÈFHM 5VXQHN 6SRVöE ]DLQVWDORZDQLD EHOHN EH]SRĂUHGQLR Z VXğFLH SRGZLHV]DQP 5VXQHN 6SRVöE ]DLQVWDORZDQLD EHOHN Z VXğFLH SRGZLHV]DQP SU] XĝFLX VSHFMDOQFK ZLHV]DNöZ =DOHFHQLD VVWHPRZH L SURMHNWRZH ,QVWDODFMD %HONL VZRERGQLH ]DZLHV]RQH %HONL ]DZLHV]RQH VZRERGQLH Vć PRQWRZDQH ]D SRPRFć VSHFMDOQFK ZLHV]DNyZ LOXE ZVSRUQLNyZ PRFXMćFFK :V]ĕG]LH JG]LH ZJOćG LQVWDODFML FKãRG]ćFHM PD LVWRWQH ]QDF]HQLH ]DOHFD VLĕ DE ZELHUDþ EHONĕ ] ZGãXŧRQć REXGRZć SR VWURQLH SRGãćF]DQLD OXE REãRŧHQLH NDQDãyZ L SU]HZRGyZ UXURZFK WDNć RNãDG]LQć NWyUD ]DNUMH V]F]HOLQ SRPLĕG] EHONć L ŋFLDQć 7DP JG]LH QLH ]RVWDQLH ]DVWRVRZDQ ŧDGHQ ] SRZŧ V]FK VSRVREyZ QLH MHVW ]DOHFDQH VWRVRZDQLH SU]HZRGX JLĕWNLHJR SR VWURQLH SRZLHWU]D D ZV]HONLH SU]HSXVWQLFH L WãXPLNL DNXVWF]QH SRZLQQ Eþ XPLHV]F]DQH R LOH WR PRŧOLZH QDG VXÀWHP SRGZLHV]DQP QD NRUWDU]X -HŋOL VWRVRZDQD MHVW L]RODFMD WSX $UPDÁH[ WR LQVWDODFMD PRŧH ]RVWDþ SRPDORZDQD :V]HONLH ]HVWDZ ]DZRUyZ SRZLQQ Eþ R LOH WR PRŧOLZH LQVWDORZDQH QDG VXÀWHP SRGZLHV]DQP QD NRUWDU]X ,QVWDODFMD ZSXV]F]RQD Z VXğW SRGZLHV]DQ %HONL NWyUH PDMć Eþ ZSXV]F]RQH Z VXÀW SRGZLHV]DQ PRJć Eþ LQVWDORZDQH ]D SRPRFć VSHFMDOQFK ZLHV]DNyZ OXE EH]SRŋUHGQLR GR VWUXNWXU QRŋQHM VXÀWX SRGZLHV]DQHJR 3URFHGXUD LQVWDODFML MHVW QDVWĕSXMćFD =DZLHV]HQLH EHONL L ZVWĕSQH MHM XVWDZLHQLH Z REX SãDV]F]]QDFK ,QVWDODFMD NRQVWUXNFML QRŋQHM VXÀWX SRGZLHV]DQHJR 'RSDVRZDQLH EHOHN GR VWUXNWXU QRŋQHM VXÀWX SRG ZLHV]DQHJR Z ]DOHŧQRŋFL RG ZPDJDĸ 3RZŧV]D PHWRGD SU]MPXMH MDNR ]DVDGĕ NRQLHF]QRŋþ SU]HSURZDG]HQLD GZyFK RSHUDFML GOD X]VNDQLD ZãDŋFL ZHJR ]DPRFRZDQLD EHONL -HVW LVWRWQH DE ]DUyZQR VDPD EHOND MDN L RVSU]ĕW LQVWDODFMQ XPRŧOLZLDã UHJXODFMĕ SRãRŧHQLD EHONL Z NLHUXQNX SLRQRZP ERF]QP L Z]GãXŧQP %HONL PRJć Eþ XVWXRZDQH Z VWUXNWXU]H QRŋQHM VX ÀWX SRGZLHV]DQHJR :PLDU HOHPHQWyZ ]DZLHV]HQLD VWUXNWXU QRŋQHM Vć WDN GREUDQH DE XPRŧOLZLDã RQH UyZQLHŧ ]DPRQWRZDQLH EHONL FKãRG]ćFHM D WR EDUG]R F]ĕVWR R]QDF]D ŧH ZPDJDQH EĕGć GRGDWNRZH HOHPHQW ]DZLHV]HQLD 3URFHGXUD LQVWDODFML MHVW QDVWĕSXMćFD =DLQVWDORZDQLH NRQVWUXNFML QRŋQHM 8VWXRZDQLH EHOHN FKãRG]ćFFK =DPRFRZDQLH EHOHN FKãRG]ćFFK ]D SRPRFć ŋUXE GR SURÀOL 7NV]WDãWQFK VWUXNWXU QRŋQHM VXÀWX 3RZŧV]D PHWRGD SU]MPXMH MDNR ]DVDGĕ ŧH GR ]DPRQWR ZDQLD EHOHN QD VZRLP PLHMVFX ZVWDUF] MHGQD RSHUDFMD 3U]ïÈF]HQLH UXURFLÈJX 1LH]DOHŧQLH RG VSRVREX PRQWDŧX EHOHN FKãRG]ćFFK ]QDF]QH XGRJRGQLHQLH VWDQRZL ]DVWRVRZDQLH SU]HZRGyZ JLĕWNLFK GR SRãćF]Hĸ : SU]SDGNX PRQWDŧX SRGZLHV]D QHJR F]ĕVWR ZPDJDQD MHVW SRQRZQD UHJXODFMD : REX SU]SDGNDFK ]DVWRVRZDQLH SU]HZRGyZ JLĕWNLFK SR]ZDOD QD ZNRQDQLH LQVWDODFML UXURFLćJX ZUD] RGJDãĕ]LHQLDPL Z WUDNFLH SRMHGQF]HM RSHUDFML QLH]DOHŧQHM RG PRQWDŧX VDPHM EHONL 'ãXJRŋþ SU]HZRGX JLĕWNLHJR QDOHŧ ]DZV]H GRVWRVRZDþ GR ZPDJDĸ GDQHM LQVWDODFML Z WDNL VSRVyE DE XQLNQćþ QLHSRWU]HEQFK L SRSURZDG]RQFK Z SRSU]HN ZJLĕþ 3U]ïÈF]HQLH NDQDïX GRSURZDG]DMÈFHJR SRZLHWU]H 3RGREQLH MDN SU] SU]ãćF]DQLX UXURFLćJX ZNRQDQLH PRQWDŧX RNDŧH VLĕ SURVWV]H MHŧHOL EHONL EĕGć SRãćF]RQH ] NDQDãHP ]D SRPRFć SU]HZRGX JLĕWNLHJR 3U]HZyG JLĕWNL SRZLQLHQ ZWHG Eþ XãRŧRQ PRŧOL ZLH Z OLQLL SURVWHM L EH] ZJLĕþ SRSU]HF]QFK XQLNDMćF Z WHQ VSRVyE QLHSU]HZLGZDOQFK VSDGNyZ FLŋQLHQLD RUD] GRGDWNRZFK ťUyGHã KDãDVX
  • 76. %HONL FKïRG]ÈFH ļ ]DOHFHQLD SURMHNWRZH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 6]HUHJRZH SRïÈF]HQLH EHOHN FKïRG]ÈFFK %HONL FKãRG]ćFH ]QDMGXMćFH VLĕ Z MHGQP SRPLHV]F]HQLX PRQWRZDQH Vć QDMF]ĕŋFLHM UyZQROHJOH ] ]DFKRZDQLHP MHGQDNRZHJR XNãDGX VWURQ GOD SRZLHWU]D L ZRG 1LH NLHG MHGQDN PRŧQD GZLH EHONL FKãRG]ćFH SRãćF]þ ]H VREć V]HUHJRZR : WDNLP SU]SDGNX SLHUZV]D EHOND ]DPRQWRZDQD ]JRGQLH ] NLHUXQNLHP SU]HSãZX SRZLHWU]D PXVL SR VLDGDþ VSHFÀF]Qć NRQVWUXNFMĕ 3RZLHWU]H PXVL ERZLHP ZFKRG]Lþ SU]H] MHM GUXJL NRQLHF SDWU]ćF Z NLHUXQNX SU]HSãZX SRZLHWU]D
  • 77. D QDVWĕSQLH ZSãZDþ GR QDVWĕSQHM EHONL $QDORJLF]QLH ZĕŧRZQLFD ]QDMGXMćFD VLĕ Z SLHUZV]HM EHOFH PXVL Eþ RGSRZLHGQLR ]DSURMHNWRZDQD DE XPRŧ OLZLþ SU]HSãZ ZRG GR QDVWĕSQHM EHONL : ]ZLć]NX ] WP SU] VNãDGDQLX ]DPyZLHQLD QDOHŧ ZUDťQLH ]D]QDF]þ ŧH GDQH EHONL PDMć Eþ SRãćF]RQH V]HUHJRZR 3RQDGWR QDOHŧ SDPLĕWDþ ŧH SU] V]HUHJRZP SRãćF]H QLX EHOHN ] XZDJL QD VSDGHN FLŋQLHQLD SR VWURQLH ZRG PRŧOLZH MHVW ãćF]HQLH PDNVPDOQLH GZyFK EHOHN .RQVHUZDFMD :ĕŧRZQLFD PXVL Eþ ]DPRQWRZDQD Z VSRVyE XPRŧOL ZLDMćF MHM F]V]F]HQLH 'RWF] WR Z V]F]HJyOQRŋFL WHM VWURQ ZĕŧRZQLF QD NWyUć QDSãZD FUNXOXMćFH SRZLH WU]H ] SRPLHV]F]HQLD : SU]SDGNX EHOHN QDZLHZDMćFFK SRZLHWU]H )OlNW :RRGV SRZLHWU]H ]QDMGXMćFH VLĕ Z SRPLHV]F]HQLX GRSãZD GR EHONL RG GRãX 6SRGQLD F]ĕŋþ EHONL MHVW ãDWZR GRVWĕSQD GR F]V]F]HQLD SR RGFKOHQLX ]DZLDVRZR ]DPRFRZDQHM SãW GROQHM OXE RGVXQLĕFLX MHM QD ERN : SU]SDGNX EHOHN SDVZQFK JyUQD SRZLHU]FKQLD ZĕŧRZQLF PXVL Eþ F]V]F]RQD RGNXU]DF]HP -HŋOL EHOND MHVW ZEXGRZDQD Z VXÀW SRGZLHV]DQ WR QDMSLHUZ QDOHŧ ]GHPRQWRZDþ NLOND SDQHOL VXÀWRZFK : SUDNWFH RND]XMH VLĕ ŧH F]V]F]HQLH EDWHULL SRZLQQR Eþ SU]HSURZDG]DQH FR ODW .DQDã SRZLHWU]D QDZLHZDQHJR Z EHONDFK ,4 MHVW GRVWR VRZDQ GR SU]HSURZDG]DQLD F]V]F]HQLD G]LĕNL ]GHMPR ZDOQP SRNUZRP GR NWyUFK PRŧQD X]VNDþ GRVWĕS SR RGFKOHQLX ]DZLDVRZR XPRFRZDQHM GROQHM SãW OXE RGVXQLĕFLX MHM QD ERN ']LĕNL ]DVWRVRZDQLX ZVRNLHM MDNRŋFL ÀOWUD GRNãDGQHJR RF]V]F]DQLD Z XU]ćG]HQLX QDZLHZDMćFP SRZLHWU]H WDNLH F]V]F]HQLH SRZLQQR VLĕ SU]HSURZDG]Dþ PQLHM ZLĕFHM FR ODW 2]QDF]HQLD L QD]Z VWRVRZDQH Z RGQLHVLHQLX GR HOHPHQWöZ VVWHPX 2EZöG RELHJX SLHUZRWQHJR L ZWöUQHJR : VVWHPDFK FKãRG]HQLD ]GDOQHJR VWURQć SLHUZRWQć QD]ZD VLĕ VWURQĕ GRVWDUF]DMćFć HQHUJLĕ GR ZPLHQQLND FLHSãD QDWRPLDVW VWURQć ZWyUQć RNUHŋOD VLĕ VWURQĕ ZãDŋFL FLHOD EXGQNX : VVWHPDFK SRVLDGDMćFFK VZRMH ZãDVQH XU]ćG]HQLH FKãRG]ćFH REZyG RELHJX JãyZQHJR W]Q REZyG Z NWyUP ]QDMGXMH VLĕ FKãRG]LDUND WDNŧH PRŧH Eþ QD]ZDQ REZRGHP SLHUZRWQP : NDŧGP VVWHPLH XSXVWyZ PRŧQD UyZQLHŧ PyZLþ R VWURQLH SLHUZRWQHM L VWURQLH ZWyUQHM SU] F]P VWURQD SLHUZRWQD MHVW SRGãćF]DQD GR VVWHPX ]DVLODQLD QDWR PLDVW VWURQD ZWyUQD ² GR RGELRUF 2EZöG JïöZQ 2EZyG Z VNãDG NWyUHJR ZFKRG]L SRPSD JãyZQD /LQLD JïöZQD -HVW WR SU]HZyG Z REZRG]LH JãyZQP OXE GXŧ SU]HZyG ]DVLODMćF SURZDG]ćF GR EXGQNX OXE F]ĕŋFL EXGQNX /LQLD ERF]QD -HVW WR SU]HZyG SLRQRZ RVDG]RQ Z RWZRU]H NROXPQ OXE UXU SU]H] DQDORJLĕ GR SQLD GU]HZD
  • 78. 2GJDïÚ]LHQLH 7DN QD]ZDP SU]HZRG RGJDãĕťQH RG PDJLVWUDOL JãyZ QHM UR]FKRG]ćFH VLĕ QD SR]LRPLH SRGãRJL SU]H] DQDORJLĕ GR JDãĕ]L GU]HZD
  • 80. ]DZyU ] VLãRZQLNLHP GR VWHURZDQLD DXWRPD WF]QHJR =DZyU VWHUXMćF 59
  • 82. ]DZyU VãXŧćF GR ]D PNQLĕFLH SU]HZRGX =DZyU RGSRZLHWU]DMćF $/
  • 83. ]DZyU VãXŧćF GR RGSR ZLHWU]DQLD SU]HZRGX
  • 84.
  • 86.
  • 87. )XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD LN† FN† LN† FN†IN† IN† LN† FN†FN† LN† I .f5f / EI .f5f/ )XQNFMD UHJXODFML NRPIRUWX 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK ‡ ,4,' ‡ ,4)' ‡ ,4)( ‡ ,46$ ‡ ,47$ ‡ ,4$ 2SUDFRZDQD SU]H] ÀUPĕ )OlNW :RRGV XQLNDOQD PHWRGD UHJXODFML NRPIRUWX XãDWZLD GRVWURMHQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D 3U] XŧFLX RSDWHQWRZDQFK V]Q GRSDVRZXMćFFK QDWĕŧHQLH SU]HSãZX SRZLHWU]D PRŧH Eþ UHJXORZDQH SRSU]H] ]PLHQLDQLH GãXJRŋFL RWZRUyZ QDZLHZQFK 'RGDWNRZH VWRVRZDQLH SU]HSXVWQLF UHJXODFMQHM ]D]ZF]DM QLH MHVW NRQLHF]QH 5HJXORZDQH GãXJRŋFL RWZRUyZ SR]ZDODMć QD ]UyŧQLFRZDQLH VSRVREyZ UR]SURZDG]DQLD SRZLHWU]D SRãRŧHQLH MHGQRGURJRZH GZXGURJRZH L SRãRŧH QLD SRŋUHGQLH
  • 88. 3URVWD UHJXODFMD GVWUEXFML SRZLHWU]D L ZGDMQRŋFL XPRŧOLZLD SU]V]ãH ]DDGDSWRZDQLH XU]ćG]HQLD GR ]PLHQLRQFK ZDUXQNyZ 3U]HG GRVWDZć GãXJRŋFL RWZRUyZ Vć XVWDZLDQH QD PDNVPDOQH PRŧOLZH RWZDUFLH FR VWDQRZL SXQNW ZMŋFLD GR HZHQWXDOQFK SyťQLHMV]FK GRVWURMHĸ :ïDVQRĂFL ‡ 8SURV]F]RQH GRVWUDMDQLH QDWĕŧHQLD SU]HSãZX SRZLHWU]D ‡ 5HJXODFMD NRPIRUWX MHVW GRVWRVRZDQD GR RGSRZLHGQLHJR URG]DMX EHONL FKãRG]ćFHM D ZLĕF GOD UyŧQFK EHOHN FKãRG]ćFFK QLH MHVW UHDOL]RZDQD Z VSRVyE LGHQWF]Q ‡ âDWZRŋþ ]PLDQ QDWĕŧHQLD SU]HSãZX SRZLHWU]D Z SU]SDGNX ]PLHQLRQFK ZDUXQNyZ ‡ 5HJXORZDQH GãXJRŋFL RWZRUyZ XPRŧOLZLDMć X]VNDQLH UyŧQFK VSRVREyZ UR]SURZDG]DQLD SRZLHWU]D SRãRŧHQLH MHGQRGUR JRZH GZXGURJRZH L SRãRŧHQLD SRŋUHGQLH
  • 89. 3U]NïDG NRGX ZUREX 0RŧOLZRŋþ PRQWDŧX Z PRGHODFK ,4)' ,4)( ,4$ ,47$ RUD] ,46$ : SU]SDGNX PRGHOX ,4,' ² ZEyU Z UDPDFK NRGX JãyZQHJR
  • 90. )XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD zETF zETL zFTH zGTN zGTJ ENxEN IxI GxG EKxEK MxM JxJ HxH EGxEG LxL JxJ IxI EKxEK EExEE MxM KxK EHxEH EExEE MxM EJxEJ EGxEG EExEE EIxEI EGxEG ELxEL EHxEH j/ k I EN EN FN EI GN FN HN FI IN GN JN GI KN HN LN HI MN 3 j.f5 k E // F // GEJNGLJhFENE IN II ExF j62zKN # k EJxEJ ELxEL HxH 5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D 5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,4,' 3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD FDãHM GãXJRŋFL EHONL ZQRV]ćF 3D 'ïXJRĂÊ EHONL P 1DWÚĝHQLH SU]H SïZX SRZLHWU]D GRSURZDG]DQHJR OV VWDQGDUGRZHZVRNLH 'ïXJRĂÊ RWZRUX PP 'VWUEXFMD GZXGURJRZD 'VWUEXFMD 'VWUEXFMD MHGQRGURJRZD )XQNFMD ķ:ĝV]H QDWÚĝHQLD SU]HSïZX SRZLHWU]Dĵ GOD PRGHOX ,4,' MHVW RIHURZDQD QD ĝÈGDQLH 6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX FLŋQLHQLD QD FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH SU]HSãZX SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX SRZLHWU]D 1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ ]D]QD F]þ XVWDZLRQH GãXJRŋFL RWZRUyZ SDWU] ² UVXQHN 5VXQHN 'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR VXPD GïXJRĂFL GZöFK SU]HFLZOHJïFK RWZRUöZ 5VXQHN (WNLHWND GR UHMHVWURZDQLD ]PLHQLRQFK GïXJRĂFL RWZRUöZ 'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD ZbPRGHOX ,4,' %HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã F]QQLN HIHNWX PRŧQD ]QDOHťþ Z WDEHOL SRQLŧHM 'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD GRSURZDG]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN NRUJXMćF MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć Z WDEHODFK URG]DMX GVWUEXFML NWyUH PRŧQD ]QDOHťþ Z GRNXPHQWDFML EHONL FKãRG]ćFHM ,4,' 5RG]DM GVWUEXFML 'ïXJRĂÊ EHONL P 0DNVPDOQH QDWÚĝHQLH SU]HSïZX GRSURZDG]DQHJR SRZLHWU]D OV :VSöïF]QQLN NRUJXMÈF VSUDZQRĂÊ -HGQRGURJRZD ļ
  • 91. )XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD / / / / / // 3 3D
  • 92. / P
  • 93. TOV
  • 94. / PP / PP - / / 5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D 5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,46$ 3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD FDãHM GãXJRŋFL EHONL ZQRV]ćF 3D 'ïXJRĂÊ EHONL P 1DWÚĝHQLH SU]HSïZX SRZLHWU]D GRSURZD G]DQHJR OV VWDQGDUGR ZHZVRNLH 'ïXJRĂÊ RWZRUX PP 'VWUEXFMD GZXGURJRZD 'VWUEXFMD 'VWUEXFMD MHGQRGURJRZD 6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX FLŋQLHQLD QD FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH SU]HSãZX SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX SRZLHWU]D 1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ ]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ SDWU] ² UVXQHN 5VXQHN 8VWDZLDQLH GïXJRĂFL RWZRUX 'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR VXPD GïXJRĂFL GZöFK SU]HFLZOHJïFK RWZRUöZ ,46$ 5VXQHN (WNLHWND GR UHMHVWURZDQLD ]PLHQLRQFK GïXJRĂFL RWZRUöZ 'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD Z PRGHOX ,46$ %HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã F]QQLN HIHNWX PRŧQD ]QDOHťþ Z WDEHOL SRQLŧHM 'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD GRSURZDG]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN NRUJXMćF MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć Z WDEHODFK URG]DMX GVWUEXFML NWyUH PRŧQD ]QDOHťþ Z GRNXPHQWDFML EHONL FKãRG]ćFHM ,46$ 5RG]DM GVWUEXFML 'ïXJRĂÊ EHONL P 0DNVPDOQH QDWÚĝHQLH SU]HSïZX GRSURZDG]DQHJR SRZLHWU]D OV :VSöïF]QQLN NRUJXMÈF VSUDZQRĂÊ -HGQRGURJRZD ļ
  • 95. )XQNFMD UHJXODFML NRPIRUWX '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5HJXODFMD GïXJRĂFL RWZRUX RUD] GDQH WHFKQLF]QH GOD LQQFK VFKHPDWöZ UR]SïZX SRZLHWU]D 5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,4)',4)( 3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD FDãHM GãXJRŋFL EHONL ZQRV]ćF 3D 'ïXJRĂÊ EHONL P 1DWÚĝHQLH SU]HSïZX SRZLHWU]D GRSURZD G]DQHJR OV VWDQGDUGR ZHZVRNLH 'ïXJRĂÊ RWZRUX PP 'VWUEXFMD GZXGURJRZD 'VWUEXFMD 'VWUEXFMD MHGQRGURJRZD 6FKHPDW UR]SãZX SRZLHWU]D LQQH QLŧ GVWUEXFMD GZXGURJRZD Vć X]VNLZDQH SU]H] UHJXORZDQLH GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH SDWU] ² UVXQHN 2NUHŋORQD VXPD GãXJRŋFL RWZRUyZ SR OHZHM L SR SUDZHM VWURQLH ZUD] ] RNUHŋORQć ZDUWRŋFLć VSDGNX FLŋQLHQLD QD FDãHM GãXJRŋFL EHONL GDMH WDNLH VDPR QDWĕŧHQLH SU]HSãZX SRZLHWU]D QLH]DOHŧQLH RG VFKHPDWX UR]SãZX SRZLHWU]D 1D ZHZQĕWU]QHM ŋFLDQFH SãW F]RãRZHM ]QDMGXMH VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ ]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ 5VXQHN 'ïXJRĂÊ RWZRUX MHVW UR]XPLDQD MDNR VXPD GïXJRĂFL GZöFK SU]HFLZOHJïFK RWZRUöZ 'DQH WHFKQLF]QH GOD VFKHPDWöZ UR]SïZX SRZLHWU]D LQQFK QLĝ GVWUEXFMD GZXGURJRZD Z PRGHOX ,4)' ,4)( %HONL ] GZXGURJRZć GVWUEXFMć SRZLHWU]D Z SU]HFL ZLHĸVWZLH GR GVWUEXFML MHGQRGURJRZHM OXE SRãRŧHĸ SRŋUHGQLFK Z SHãQL ZNRU]VWXMć ZĕŧRZQLFĕ :VSyã F]QQLN HIHNWX PRŧQD ]QDOHťþ Z NROXPQLH SR SUDZHM 'OD NRQNUHWQHM EHONL L RNUHŋORQHJR QDWĕŧHQLD GRSURZD G]DQHJR SRZLHWU]D X]VNDQ ZVSyãF]QQLN NRUJXMćF MHVW PQRŧRQ SU]H] ZDUWRŋþ SRGDQć Z WDEHODFK URG]DMX GVWUEXFML QD SRSU]HGQLHM VWURQLH 5RG]DM GVWUEXFML 'ïXJRĂÊ EHONL P 0DNVPDOQH QDWÚĝHQLH SU]HSïZX GRSURZDG]DQHJR SRZLHWU]D OV :VSöïF]QQLN NRUJXMÈF VSUDZQRĂÊ -HGQRGURJRZD 5HJXODFMD GïXJRĂFL RWZRUX Z PRGHOX ,47$ 3RQLŧV]D WDEHOD ]DNãDGD VSDGHN FLŋQLHQLD VWDWF]QHJR QD FDãHM GãXJRŋFL EHONL ZQRV]ćF 3D 'ïXJRĂÊ EHONL P 1DWÚĝHQLH SU]HSïZX SRZLHWU]D GRSURZDG]DQHJR OV VWDQGDUGRZHZVRNLH 'ïXJRĂÊ RWZRUX PP 'VWUEXFMD MHGQRGURJRZD 1D EHOFH QD ZHZQĕWU]QHM ŋFLDQFH GU]ZLF]HN LQVSHN FMQFK ]QDMGXMH VLĕ HWNLHWND QD NWyUHM SR GRNRQDQLX UHJXODFML QDOHŧ ]D]QDF]þ XVWDZLRQH GãXJRŋFL RWZRUyZ
  • 96. )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD )XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX '$1( 7(+1,=1( )XQNFMD ZVRNLHJR QDWÚĝHQLD SU]HSïZX :ïDVQRĂFL ‡ 8PRŧOLZLD ]ZLĕNV]HQLH QDWĕŧH QLD SU]HSãZX SRZLHWU]D L PRF FKãRGQLF]HM EHONL GOD GDQHJR VSDG NX FLŋQLHQLD Z SRUyZQDQLX ]H VWDQGDUGRZć EHONć
  • 97. ‡ =ZLĕNV]D HODVWF]QRŋþ EHONL FKãR G]ćFHM 3U]NïDG ]DPöZLHQLD .RG GOD WHM IXQNFML RGSRZLDGDMćFH ZHUVML EHONL ] SRGZyMQP U]ĕGHP RWZRUyZ QDZLHZQFK Vć ]UyŧQLFRZD QH Z ]DOHŧQRŋFL RG NRQNUHWQHJR WSX EHONL 'RNãDGQH NRG Vć ]GHÀQLRZDQH Z NDUFLH NDWDORJRZHM GDQHM EHONL : FHOX X]VNDQLD ]ZLĕNV]RQHJR QDWĕŧHQLD SU]HSãZX EHONL VHULL ,4 PRJć Eþ GRVWDUF]RQH ] GZRPD U]ĕGDPL RWZRUyZ QDZLHZQFK SR REX VWURQDFK EHONL =ZLĕNV]RQ SU]HSãZ PRŧH Eþ ZPDJDQ JG LQGZLGXDOQH ]DSRWU]HER ZDQLH QD LORŋþ SRZLHWU]D Z SRPLHV]F]HQLX MHVW EDUG]LHM LVWRWQH QLŧ ZPDJDQD GOD WHJR SRPLHV]F]HQLD PRF FKãRGQLF]D L ]ZLć]DQD ] QLć ZGDMQRŋþ EHONL : SRUyZQDQLX GR EHOHN ,4 ] SRMHGQF]PL U]ĕGDPL RWZRUyZ QDZLHZQFK EHONL GZXU]ĕGRZH RVLćJDMć ZŧV]H ZGDMQRŋFL SRZLHWU]D SLHUZRWQHJR RUD] ZŧV]H PRFH FKãRGQLF]H ]ZLć]DQH ] PRFć FKãRGQLF]ć SRZLHWU]D QDZLHZDQH JR
  • 98. GOD GDQHJR VSDGNX FLŋQLHQLD KGUDXOLF]QHJR =ZLĕNV]RQH QDWĕŧHQLH SU]HSãZX SRGZyMQ U]ćG RWZRUyZ QDZLHZQFK
  • 99. PRŧH Eþ GREUDQH ]D SRPRFć SURJUDPX GRERUX ([6HO$LU GRVWĕSQHJR QD VWUR QLH LQWHUQHWRZHM ÀUP )OlNW :RRGV 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK O ,4,' O ,4)' O ,4)( O ,47$ O ,46$ : FHOX X]VNDQLD GRNïDGQFK GDQFK GRWF]ÈFFK ZDUWRĂFL SU]HSïZX L PRF FKïRGQLF]HM GOD EHOHN VHULL ,4 SURVLP VNRU]VWDÊ ] SURJUDPX GRERUX ([6HO$LU ZZZĠDNWZRRGVFRPH[VHODLU 3U]NïDGRZH VFKHPDW GRERUX ,4,' :NUHV SRND]XMÈ SU]EOLĝRQ HIHNW FKïRG]HQLD 3WRW Zb: SU] QDWÚĝHQLX SU]HSïZX ZRG TZ OV UöĝQLF WHPSHUDWXU SRPLÚG] SRZLHWU]HP ZbSRPLHV]F]HQLX DbSRZLHWU]HP QDZLHZDQP 6W Ş SU] VSDGNX FLĂQLHQLD 3D SR VWURQLH SRZLHWU]D LbSU] PDNVPDOQP SR]LRPLH FLĂQLHQLD DNXVWF]QHJR /$ G%$
  • 100. 500 0 2010 30 40 50 60 9070 80 1000 1500 2000 IQID-300 IQID-240 IQID-180 IQID-120 Efekt chłodzenia w W z uwzględnieniem powietrza nawiewanego Natężenie przepływu powietrza nawiewanego, l/s ):*BKLOOHG%HDPVB)XQFWLRQ+LJKDLUĠRZ7HFKQLFDOGDWDBB*%B 0 0 10 20 30 40 50 60 500 1000 1400 Efekt chłodzenia w W z uwzględnieniem powietrza nawiewanego Natężenie przepływu powietrza nawiewanego, l/s IQFD/E-300 IQFD/E-240 IQFD/E-180 IQFD/E-120 ,4)',4)(
  • 101.
  • 103. '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD )XQNFMD VWHURZDQLD NLHUXQNLHP QDZLHZX )3
  • 104. 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK ‡ ,4,' ‡ ,4) ,4)' ,4)( ‡ ,47$ ‡ $675$ ‡ 67(//$ )XQNFMD )3 )ORZ 3DWWHUQ RQWURO ² VWHURZDQLH NLHUXQNLHP QDZLHZX
  • 105. SU]H ZLG]LDQD GOD EHOHN FKãRG]ćFFK ,4 ]DSHZQLD ZVRNć HODVWF]QRŋþ G]LDãDQLD 3RãćF]HQLH IXQNFML VWHURZDQLD NLHUXQNLHP QDZLHZX )3
  • 106. L RSDWHQWRZDQHM IXQNFML UHJXODFML NRPIRUWX SR]ZDOD QD X]VNLZDQLH SU]H] EHONL ,4 XQLNDOQFK FKDUDNWHUVWN SUDF )XQNFMD )3 GDMH PRŧOLZRŋþ VWHURZDQLD UR]SãZHP SRZLHWU]D SRG Uyŧ QPL NćWDPL
  • 107. SRSU]H] ZEXGRZDQH ãRSDWNL L V]Q GRSDVRZXMćFH 5yŧQH NLHUXQNL UR]SãZX PRJć Eþ X]VNLZDQH GOD PP RGFLQNyZ EHONL 5R]SãZ SRZLHWU]D QD EHOFH PRŧH Eþ ãDWZR UHJXORZDQ %HONL ,4 ] IXQNFMć )3 Vć ]RSWPDOL]RZDQH SRG NćWHP PLQLPDOQHJR SR]LRPX KDãDVX L VSDGNX FLŋQLHQLD :ïDVQRĂFL SURGXNWX ‡ )XQNFMD )3 VWHURZDQLH NLHUXQ NLHP QDZLHZX
  • 108. MHVW GRVWĕSQD Z DNWZQFK EHONDFK FKãRG]ćFFK VHULL )OH[LFRRO L L4 6WDU ‡ 1DWĕŧHQLH SU]HSãZX SRZLHWU]D PRŧH Eþ UHJXORZDQH Z ]DNUHVLH GR ƒ ]D SRPRFć ZEXGRZDQFK ãRSDWHN L V]Q GRSDVRZXMćFFK ‡ 5yŧQH NLHUXQNL UR]SãZX PRJć Eþ X]VNLZDQH GOD PP RGFLQNyZ EHONL 3U]NïDG NRGX ZUREX :EyU IXQNFML RJU]HZDQLD QDOHŧ ]D]QDF]þ Z NRG]LH JãyZQP RGSRZLHGQLHM EHONL FKãRGQLF]HM )XQNFMD )3 PRŧH ]RVWDþ ]DPyZLR QD RGG]LHOQLH WDNŧH Z SyťQLHMV]P WHUPLQLH :LĕFHM LQIRUPDFML QD WHQ WHPDW PRŧQD X]VNDþ Z QDV]FK SU]HGVWDZLFLHOVWZDFK KDQGORZFK
  • 110. '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 5V 5V 5V 5V Ş ŞŞ Ş Ş Ş 3U]NïDG PRQWDĝX ZGDMQRĂÊ FKïRG]HQLD .LHURZQLFD SRZLHWU]D )OlNW :RRGV ZNRU]VWZDQD SU]H] IXQNFMĕ )3 MHVW HOHPHQWHP SR]ZDODMćFP QD XVWDZLDQLH NLHUXQNX SRZLHWU]D SRG UyŧQPL NćWDPL )XQNFMD )3 MHVW ãDWZD Z REVãXG]H L PRŧH Z SURVW VSRVyE UHDOL]RZDþ ]PLDQ UR]SãZX SRZLHWU]D 3U]NïDGRZ PRQWDĝ EHONL ] NLHURZQLFÈ SRZLHWU]D GOD IXQNFML )3 RUD] UHJXODFMÈ VWRSQLD NRPIRUWX 1D UVXQNX SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF XVWD ZLHQLH NLHUXQNX SRZLHWU]D SRG NćWHP ƒ Z REX NLH UXQNDFK RUD] QDWĕŧHQLH SU]HSãZX SRZLHWU]D Z UDPDFK IXQNFML UHJXODFML NRPIRUWX ² QD ZDUWRŋþ Å µ 7DNLH XVWDZLHQLD ]DSHZQLć ZGDMQć L NRPIRUWRZć GV WUEXFMĕ SRZLHWU]D Z SRPLHV]F]HQLX 1D UVXQNX SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF X] VNDQLH ZVRNLHJR QDWĕŧHQLD SU]HSãZX SRZLHWU]D 1D VWDZD IXQNFML UHJXODFML NRPIRUWX GDOHM SR]RVWDMH Z SR ãRŧHQLX Å µ QDWRPLDVW NLHURZQLFH SRZLHWU]D Vć XVWDZLRQH RGSRZLHGQLR QD ƒ Z REX NLHUXQNDFK RUD] QD ƒ Z MHGQP NLHUXQNX 1D UVXQNX SU]HGVWDZLRQR PRQWDŧ UHDOL]XMćF SU]HEXGR Zĕ XNãDGX QD SU]NãDG SR SRGMĕFLX GHF]ML R XPLHV]F]HQLX EHONL FKãRG]ćFHM ]D ÀODUHP 1DVWDZ UHJXODFML NRPIRUWX Vć XVWDZLRQH RGSRZLHGQLR QD L NLHURZQLFH SRZLH WU]D Vć XVWDZLRQH SRG NćWDPL ƒ L ƒ 1D UVXQNX SU]HGVWDZLRQR PRQWDŧ ]DSHZQLDMćF XVWDZLHQLH QDVWDZ UHJXODFML NRPIRUWX RGSRZLHGQLR QD L 7DNL PRQWDŧ MHVW RGSRZLHGQL Z VWXDFML JG FKFHP XQLNQćþ SU]HFLćJyZ QS JG EHOND FKãRG]ćFD MHVW XVWXRZDQD Z SREOLŧX ELXUND .LHURZQLFH SRZLHWU]D Vć XVWDZLRQH SRG NćWHP ƒ Z REX NLHUXQNDFK :GDMQRĂÊ FKïRG]HQLD )XQNFMD )3 REQLŧD ZGDMQRŋþ FKãRG]HQLD EHONL FKãRG]ć FHM R RNRãR Z ]DOHŧQRŋFL RG QDWĕŧHQLD SU]HSãZX VSDGNX FLŋQLHQLD RUD] NćWD XVWDZLHQLD )3 )XQNFMD )3 QLH ZSãZD QD SR]LRP KDãDVX : FHOX X]VNDQLD GRGDWNRZFK LQIRUPDFML QDOHŧ ]DSR]QDþ VLĕ ] QDV]P SURJUDPHP GRERUX SURGXNWX OXE VNRQWDNWRZDþ ] MHGQP ] QDV]FK SU]HGVWDZLFLHOVWZ KDQGORZFK
  • 111. )XQNFMD RJU]HZDQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD ):*BKLOOHG%HDPVB)XQFWLRQ+HDWLQJ7HFKQLFDOGDWDBB*%B )XQNFMD RJU]HZDQLD 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK ‡ ,4,' ‡ ,4) ,4)' ,4)( ‡ ,46$ ‡ ,47$ ‡ $675$ ‡ 67(//$ %HONL FKãRG]ćFH Vć QLHNLHG VWRVRZDQH ]DPLDVW JU]HMQLNyZ OXE MDNR X]XSHã QLDMćFH ťUyGãR JU]HZF]H GOD RJU]HZDQLD SRPLHV]F]Hĸ : WDNLFK SU]SDGNDFK RSU]U]ćGRZDQLH EHONL MHVW ZSRVDŧRQH Z GRGDWNRZ REZyG RELHJX JRUćFHM ZRG NWyU FKDUDNWHU]XMH VLĕ ZVRNć ZGDMQRŋFLć FLHSOQć SU] XWU]PDQLX QRUPDOQHM WHPSHUDWXU GRVWDUF]DQHM ZRG *G REZyG JU]DQLD Z EHOFH FKãRG]ćFHM MHVW ZNRU]VWZDQ WR WHPSHUDWXUD GRSURZDG]DQHJR SRZLHWU]D MHVW ]EW ZVRND D ZHQWODFMD ÅSU]HORWRZDµ Z SRPLHV]F]HQLX XOHJD QLH]QDF] QHPX SRJRUV]HQLX Z SRUyZQDQLX ] VWXDFMć ZVWĕSXMćFć SRGF]DV FKãRG]HQLD 5yŧQLFD WHPSHUDWXU SRPLĕG] SRGãRJć L VXÀWHP QLH]QDF]QLH Z]URŋQLH
  • 112. )XQNFMD RJU]HZDQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş 'DQH WHFKQLF]QH GRWF]ÈFH HIHNWX JU]HZF]HJR ,4)' L ,4)( (IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM SU] VSDGNX FLĂQLHQLD VWDWF]QHJR 3D SR VWURQLH SRZLHWU]D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D ,4,' (IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM SU] VSDGNX FLĂQLHQLD VWDWF]QHJR 3D SR VWURQLH SRZLHWU]D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D
  • 113. )XQNFMD RJU]HZDQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş TO OV 3FRLO : ļ 6W Ş ,47$ (IHNW JU]DQLD GOD MHGQRGURJRZHM EHONL FKïRG]ÈFHM SU] VSDGNX FLĂQLHQLD VWDWF]QHJR 3D SR VWURQLH SRZLHWU]D 'ïXJRĂÊ EHONL P GïXJRĂÊ ZÚĝRZQLF P
  • 114. 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D ,,46$ (IHNW JU]DQLD GOD GZXGURJRZHM EHONL FKïRG]ÈFHM SU] VSDGNX FLĂQLHQLD VWDWF]QHJR 3D SR VWURQLH SRZLHWU]D 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P GïXJRĂÊ ZÚĝRZQLF P
  • 115. 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'ïXJRĂÊ EHONL P GïXJRĂÊ ZÚĝRZQLF P
  • 116. 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D
  • 117. %H] SU]HGãXŧRQHM REXGRZ 'ïXJRĂÊ EHONL P 1DWĕŧHQLH SU]HSãZX ZRG TZ OV 6SDGHN FLŋQLHQLD ZRG ¨SZ N3D 'DQH WHFKQLF]QH GRWF]ÈFH HIHNWX JU]HZF]HJR
  • 118.
  • 119. )XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD )XQNFMD RĂZLHWOHQLD 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK ‡ ,4,' ‡ ,4) ,4)' ,4)( ‡ 43'$ ‡ $675$ ‡ 67(//$ : QLHNWyUFK VWXDFMDFK SRMDZLD VLĕ ZPDJDQLH DE EHONL FKãRG]ćFH Eã ZSRVDŧRQH Z IXQNFMĕ RŋZLHWOHQLD 3RMHGQF]D EHOND EĕG]LH ZWHG SRVLDGDþ NLOND UyŧQFK IXQNFML D RG]VNDQD SRZLHU]FKQLD VXÀWX EĕG]LH PRJãD Eþ ZNRU]VWDQD GR LQQFK FHOyZ 7DNLH UR]ZLć]DQLH SR]ZROL ]UHGXNRZDþ NRV]W ERZLHP PRŧQD ]DLQVWDORZDþ PQLHM UyŧQFK HOHPHQWyZ 1DMSURVWV]P UR]ZLć]DQLHP MHVW RŋZLHWOHQLH SRŋUHGQLH JG ŋZLDWãR ] ŧDUyZHN ]DPRFRZDQFK Z XFKZWDFK EĕG]LH NLHURZDQH Z JyUĕ Z NLHUXQNX VXÀWX L RGELMDQH RG QLHJR Z Gyã QD FDãH SRPLHV]F]HQLH :LĕNV]H ZPDJDQLD ZVWĕSXMć Z SU]SDGNX RŋZLHWOHQLD EH]SRŋUHGQLHJR 'RWF]ć RQH ]DUyZQR ZLĕNV]HJR QDWĕŧHQLD RŋZLHWOHQLD VNLHURZDQHJR QD SU]NãDG QD SRZLHU]FKQLĕ PLHMVFD SUDF MDN L SRZLHWU]D ZSãZDMćFHJR ] EHONL L VNXWHF]QLH ZHQWOXMćFHJR XŧWNRZDQć VWUHIĕ SRPLHV]F]HQLD EH] SRMDZLDQLD VLĕ SU]HFLćJyZ : WDNLP SU]SDGNX QLH]EĕGQH MHVW ]QDOH]LHQLH ZãDŋFLZHJR XVWXRZDQLD EHONL DE MHM SUDFD JZDUDQWRZDãD ]DUyZQR ZãDŋFLZH QDWĕŧHQLH RŋZLHWOHQLD MDN L RGSRZLHGQL NRPIRUW ZHQWODFML :ïDVQRĂFL ‡ /DPSD ÁXRUHVFHQFMQD ŋZLHWOyZND
  • 120. 7 GR RŋZLHWOHQLD EH]SRŋUHGQLHJR OXE SRŋUHGQLHJR ‡ 3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H ]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć :LHODQGD ‡ /DPSD ÁXRUHVFHQFMQD MHVW RIHURZDQD Z GZyFK ZHUVMDFK SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
  • 122. Z ]DOHŧQRŋFL RG WHJR MDNLH QDWĕ ŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 3U]NïDG ]DPöZLHQLD ,4$=
  • 123. )XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 'ïXJRĂÊ EHONL P 'ïXJRĂÊ RSUDZNL PP ,ORĂÊ RSUDZHN 0RF ZMĂFLRZD : Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş ŞŞ Ş Ş Ş ŞŞ FG OP /06 .U]ZD UR]VïX ĂZLDWïD / / / / %HOND ,4,' ] RĂZLHWOHQLHP EH]SRĂUHGQLP %HOND ,4,' PRŧH Eþ ZSRVDŧRQD Z IXQNFMĕ RŋZLHWOHQLD 2SUDZND ŧDUyZNL MHVW XPLHV]F]RQD FHQWUDOQLH Z EHOFH FKãRG]ćFHM 2SUDZND PD DOER PP DOER PP GãXJRŋFL Z ]DOHŧQRŋFL RG GãXJRŋFL VDPHM EHONL : SRQLŧV]HM WDEHOL SRGDQR LORŋFL RUD] GãXJRŋFL RSUDZHN Z ]DOHŧQRŋFL RG GãXJRŋFL EHONL FKãRG]ćFHM 2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
  • 125. Z ]DOHŧQRŋFL RG WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +( MHVW SU]HZLG]LDQ GOD RSUDZHN PP : RUD] GOD RSUDZHN PP : 7S +2 MHVW SU]HZLG]LDQ GOD RSUDZHN PP : RUD] GOD RSUDZHN PP : 7HPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFMQHM ZQRVL . 3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H ]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć :LHODQGD =DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD ZGDMQRŋþ EHONL FKãRG]ćFHM :PLDU
  • 126. )XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 0D[ 0D[ Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş ŞŞ Ş Ş Ş ŞŞ FG OP /06 .U]ZD UR]VïX ĂZLDWïD 0RGHO ,46$ ZSURGXNRZDQ QD ]DPöZLHQLH NOLHQWD ZSRVDĝRQ Z RĂZLHWOHQLH EH]SRĂUHGQLH 'ïXJRĂÊ EHONL P 'ïXJRĂÊ RSUDZNL PP ,ORĂÊ RSUDZHN 0RF ZMĂFLRZD : 3DVZQD EHOND FKãRG]ćFD 43'$ MHVW ZWZDU]DQD QD ]DPyZLHQLH NOLHQWD L PRŧH ]RVWDþ ZSRVDŧRQD Z IXQNFMĕ RŋZLHWOHQLD 2SUDZND ODPS MHVW XPLHV]F]DQD SRŋURGNX EHONL FKãRG]ćFHM 2SUDZND PD GãXJRŋþ PP : SRQLŧV]HM WDEHOL SRGDQR LORŋFL RSUDZHN Z ]DOHŧQRŋFL RG GãXJRŋFL EHONL FKãRG]ćFHM 2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
  • 128. Z ]DOHŧQRŋFL RG WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +( PD PRF : D WS +2 PRF : 7HPSHUDWXUD EDUZR ZD ODPS ÁXRUHVFHQFMQHM ZQRVL . 3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H ]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć :LHODQGD =DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD ZGDMQRŋþ EHONL FKãRG]ćFHM :PLDU %HOND 43'$ ] RĂZLHWOHQLHP EH]SRĂUHGQLP
  • 129. )XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD $ $ 'ïXJRĂÊ EHONL (( SR MHGQHM RSUDZFH Z NDĝGP VNU]GOH Ş Ş Ş Ş Ş Ş Ş Ş Ş Ş ŞŞ Ş Ş Ş Ş Ş Ş FG OP .U]ZD UR]VïX ĂZLDWïD 'ïXJRĂÊ EHONL P 'ïXJRĂÊ RSUDZNL PP ,ORĂÊ RSUDZHN 0RF ZMĂFLRZD : %HOND ,4) ,4)' ,4)(
  • 130. ] RĂZLHWOHQLHP SRĂUHGQLP 'ZLH RSUDZNL RŋZLHWOHQLRZH Vć VFKRZDQH Z JyUQFK ÅVNU]GãDFKµ EHONL FKãRG]ćFHM ŊZLDWãR MHVW NLHURZDQH Z JyUĕ L Z WHQ VSRVyE ]DSHZQLRQH MHVW SRŋUHGQLH L QLH SRZRGXMćFH RGELþ RG SRZLHU]FKQL DQWUHÁHNVMQH
  • 131. RŋZLHWOHQLH SRPLHV]F]Hĸ =DLQVWDORZDQLH IXQNFML RŋZLHWOHQLD QLH PD ZSãZX QD ZGDMQRŋþ EHONL FKãRG]ćFHM 2SUDZND PD DOER PP DOER PP GãXJRŋFL Z ]DOHŧQRŋFL RG GãXJRŋFL VDPHM EHONL : SRQLŧV]HM WDEHOL SRGDQR LORŋFL RUD] GãXJRŋFL RSUDZHN Z ]DOHŧQRŋFL RG GãXJRŋFL EHONL FKãRG]ćFHM 2SUDZND MHVW SU]HZLG]LDQD GR ODPS ÁXRUHVFHQ FMQHM 7 /DPSD 7 MHVW RIHURZDQD Z GZyFK ZHUVMDFK SR]LRPX PRF +( QRUPDOQ VWUXPLHĸ ŋZLHWOQ
  • 133. Z ]DOHŧQRŋFL RG WHJR MDNLH QDWĕŧHQLH RŋZLHWOHQLD MHVW ZPDJDQH 7S +( MHVW SU]HZLG]LDQ GOD RSUDZHN PP : RUD] GOD RSUDZHN PP : 7S +2 MHVW SU]HZLG]LDQ GOD RSUDZHN PP : RUD] GOD RSUDZHN PP : 7HPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFMQHM ZQRVL . 3U]HZyG ]DVLODMćF PRŧH Eþ GRVWDUF]DQ ZUD] ]H ]ZNãć ZWF]Nć ] ZWF]Nć VVWHPX (QVWR OXE ZWF]Nć :LHODQGD :PLDU
  • 134. )XQNFMD RĂZLHWOHQLD '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 0RF ZMĂFLRZD :
  • 135. +( +2 'ïXJRĂÊ RSUDZNL PP .RG SURGXNWX .RG SURGXNWX $NFHVRULD IXQNFML ,4$= EEE FF GG ² HH II RŋZLHWOHQLD 'ãXJRŋþ EEE
  • 136. FP RGSRZLDGD ZPLDURZL DDD Z NRG]LH EHONL FKãRG]ćFHM
  • 139. +( +LJK HIÀFLHQF ZVRND VSUDZQRŋþ
  • 140. 1RUPDOQ VWUXPLHĸ ŋZLHWOQ +2 +LJK RXWSXW ZVRND ZGDMQRŋþ
  • 142. 3U]HZyG ]DVLODMćF ] ZWF]Nć X]LHPLRQć P 3U]HZyG ]DVLODMćF ] ZWF]Nć :LHODQGD P 3U]HZyG ]DVLODMćF ] ZWF]Nć VVWHPX (QVWR1HW P 7S EHONL FKãRG]ćFHM II
  • 143. ,4,' ,4) 43'$ 6WDQGDUG WHPSHUDWXUD EDUZRZD ODPS ÁXRUHVFHQFM QHM . 0RGHO ,4,' ] ZGãXŧRQć REXGRZć ZSRVDŧRQ Z IXQNFMĕ RŋZLHWOHQLD QLH MHVW RIHURZDQ MDNR SURGXNW VWDQGDUGRZ :LĕFHM LQIRUPDFML QD WHQ WHPDW PRŧQD X]VNDþ Z QDV]FK SU]HGVWDZLFLHOVWZDFK KDQGORZFK
  • 144.
  • 145. )XQNFMD LQVWDODFML WUVNDF]RZHM '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD )XQNFMD LQVWDODFML WUVNDF]RZHM 'RVWÚSQD Z EHONDFK FKïRG]ÈFFK ‡ ,4,' ‡ $675$ ‡ 67(//$ : EHONDFK FKãRG]ćFFK ,4,' PRŧQD SU]HZLG]LHþ PLHMVFH QD ]DãRŧHQLH LQVWDODFML WUVNDF]RZHM FR XSURŋFL QLHNWyUH ]DJDGQLHQLD ] WHFKQLF]QHJR SXQNWX ZLG]HQLD RUD] ]DSHZQL EDUG]LHM HVWHWF]Q ZJOćG FDãRŋFL LQVWDODFML ERZLHP QLH EĕG]LH SRWU]HE ]DMPRZDQLD SãDV]F]]Q VXÀWX GRGDWNRZPL HOHPHQWDPL *G LQVWDODFMD WUVNDF]RZD EĕG]LH SRSURZDG]RQD SU]H] EHONĕ FKãRG]ćFć QLH WU]HED EĕG]LH GRGDWNRZR ]DMPRZDþ SRZLHU]FKQL VXÀWX D MHGQRF]HŋQLH Z WP VDPP XU]ćG]HQLX EĕG]LHP PLHOL GR GVSR]FML GRGDWNRZH IXQNFMH ']LĕNL WHPX VDP PRQWDŧ EĕG]LH ãDWZLHMV] L RJUDQLF]RQ MHGQLH GR SRMHGQ F]HJR REV]DUX Z SRPLHV]F]HQLX =LQWHJURZDQLH LQVWDODFML WUVNDF]RZHM ] EHONć FKãRG]ćFć MHVW V]F]HJyOQLH NRU]VWQH ZWHG JG LFK ]DãRŧHQLH PD Eþ GRNRQDQH Z QLHZLHONLFK SR PLHV]F]HQLDFK OXE ELXUDFK JG]LH EHONL FKãRG]ćFH Vć ]D]ZF]DM XPLHV]F]DQH SRŋURGNX SRPLHV]F]HQLD ERZLHP MHVW WR QDMOHSV]H PLHMVFH UyZQLHŧ GOD LQVWDODFML WUVNDF]RZHM 2WZyU Z SãFLH F]RãRZHM GOD LQVWDODFML WUVNDF]RZHM MHVW XVWXRZDQ SRŋURGNX EHONL FKãRG]ćFHM L PD ŋUHGQLFĕ PP QDWRPLDVW RWZyU SU]H] NDQDã SRZLHWU]Q EHONL FKãRG]ćFHM PD ŋUHGQLFĕ PP :ïDVQRĂFL SURGXNWX )XQNFMD XPRŧOLZLD ]DVWRVRZDQLH LQVWDODFML WUVNDF]RZHM Z EHOFH FKãRG]ćFHM ‡ : MHGQP PLHMVFX SRPLHV] F]HQLD ]RVWDMH ]JURPDG]RQFK ZLĕFHM HOHPHQWyZ LQVWDODFML ‡ 1D VXÀFLH SR]RVWDMH ZLĕFHM ZROQHM SRZLHU]FKQL SR]RVWDMH QD VXÀFLH ‡ *ãRZLFD WUVNDF]D LOXE HOHPHQW SRGãćF]HQLRZH QLH Vć ZãćF]RQH GR GRVWDZ ‡ 2WZyU Z SãFLH F]RãRZHM PD ŋUHGQLFĕ ‘ PP QDWRPLDVW RWZyU Z NDQDOH SRZLHWU]QP EHONL FKãRG]ćFHM PD ŋUHGQLFĕ ‘ PP 3U]NïDG NRGX ZUREX ,4$= 6WDQGDUGRZD EHOND FKãRG]ćFD ,4,' SU]VWRVRZDQD GR LQVWDODFML WUVNDF]RZHM
  • 146. )XQNFMD LQVWDODFML WUVNDF]RZHM '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD :PLDU   PP   PP ,4$=EE % $ $ %     3U]HNUöM % ļ % :PLDU L NRG SURGXNWX .RG SURGXNWX %HOND FKãRG]ćFD SU]VWRVRZDQD GR LQVWDODFML WUVNDF]RZHM :NRQDQLH EE
  • 147. VWDQGDUGRZ PRGHO ,4,' RWZyU Z SãFLH F]RãRZHM ‘ PP RWZyU Z NDQDOH SRZLHWU]QP ‘ PP
  • 148. 8:$*$ 0RŧOLZRŋþ SU]HZLG]LDQD MHGQLH GOD ÅSU]HORWRZHMµ OHDGWKURXJK
  • 149. LQVWDODFML WUVNDF]RZHM *ãRZLFD WUVNDF]D LOXE HOHPHQW SRGãćF]HQLRZH QLH Vć ZãćF]RQH GR GRVWDZ ,QVWDODFMD WUVNDF]RZD QLH PRŧH Eþ PRQWRZDQD MHGQRF]HŋQLH ] IXQNFMć RŋZLHWOHQLD LOXE ] ]DNãDGDQLHP SU]HGãXŧRQHM REXGRZ ,4,' :PLDU $
  • 151.
  • 152. 0RGXï VSHFMDOQH '$1( 7(+1,=1( )OÄNW :RRGV 'DQH WHFKQLF]QH PRJÈ XOHF ]PLDQLH EH] XSU]HG]HQLD 28 26 24 22 20 18 16 14 12 Temperatura, °C Nawiew schładzany do 18 °C Energia niezbędna do schłodzenia powietrza nawiewanego Nawiew schładzany do 15 °C 4900 kWh 12 000 kWh (8.1 RPEL RROHU 3RGVWDZRZH LQIRUPDFMH 0RGXã RPEL RROHU MHVW RSDWHQWRZDQP SU]H] ÀUPĕ )OlNW :RRGV DJUHJDWHP ZRG ORGRZHM ]LQWHJURZDQP ] FHQWUDOć ZHQWODFMQć =RVWDã ]RSWPDOL]RZDQ SRG NćWHP ZVSyãSUDF ] VVWHPDPL EHOHN FKãRG]ćFFK RPEL RROHU SU]JRWRZXMH ZRGĕ ORGRZć NWyUD MHVW QDVWĕSQLH ZNRU]VWZDQD GR ]DVLODQLD FKãRGQLF SRZLHWU]D L RELHJX EHOHN FKãRG]ćFFK RPEL RROHU PRŧH UyZQLHŧ ZWDU]Dþ ZRGĕ ORGRZć GOD RELHJX EHOHN FKãRG]ćFFK L MHGQRF]HŋQLH RJU]HZDþ SRZLHWU]H QDZLHZDQH G]LĕNL FLHSãHM ZRG]LH GRVWDUF]DQHM ] ]HZQĕWU]QHJR VVWHPX )XQNFMH
  • 153. .RQWUROD WHPSHUDWXU SRZLHWU]D QDZLHZDQHJR FKãRG]HQLH L RJU]HZDQLH
  • 154. :WZDU]DQLH ZRG ORGRZHM GOD ZEXGRZDQHM FKãRGQLF SRZLHWU]D
  • 155. :WZDU]DQLH ZRG ORGRZHM GOD EHOHN FKãRG]ćFFK OXE IDQFRLOL KãRG]HQLH PRŧH Eþ UHDOL]RZDQH SRSU]H] VWRVRZDQLH EHOHN FKãRG]ćFFK OXE NRQZHNWRUyZ ZHQWODWRURZFK IDQFRLOL
  • 156. RPEL RROHU SRVLDGD ZĕŧRZQLFĕ NWyUD PRŧH SUDFRZDþ ]DUyZQR MDNR FKãRGQLFD SRZLHWU]D QDZLHZDQHJR MDN WHŧ MDNR QDJU]HZQLFD =LQWHJURZDQ ]HVSyã ]DZRUyZ UHJXOXMH WHPSHUD WXUĕ SRZLHWU]D QDZLHZDQHJR Z ]DOHŧQRŋFL RG ]DSRWU]HERZDQLD 2ELHJ EHOHN FKãRG]ćFFK SRGãćF]D VLĕ SRSU]H] SU]JRWRZDQ Z WP FHOX VVWHP UXU GR RGSRZLHGQLFK NUyþFyZ RPEL RROHUD NWyU ZWZDU]D ZRGĕ ORGRZć QD SRWU]HE XNãDGX FKãRG]HQLD SRPLHV]F]Hĸ = XZDJL QD WR ŧH PRGXã RPEL RROHU QLH ZPDJD VWRVR ZDQLD QLHNWyUFK HOHPHQWyZ WDNLFK MDN DJUHJDW FKãRGQLF]H L VNUDSODF]H ]HZQĕWU]QH WDND MHGQRVWND ]DMPXMH PQLHM PLHMVFD 0RGXã RPEL RROHU MHVW VFDODQ ] FHQWUDOć ZHQWODFMQć Z WDNL VSRVyE ŧH ZV]VWNLH HOHPHQW ]QDMGXMć VLĕ Z REUĕELH MHM REXGR Z EH] NRQLHF]QRŋFL PRQWRZDQLD HOHPHQWyZ GDFKRZFK F] VWRMćFFK QD RWZDUWP SRZLHWU]X DãD LQVWDODFMD XOHJD UyZQLHŧ XSURV]F]HQLX SRQLHZDŧ QLH Vć ZPDJDQH ŧDGQH GRGDWNRZH XNãDG UXU F] SRPS NWyUH ]ZNOH Vć QLH]EĕGQH Z VWDQGDUGR ZHM LQVWDODFML : UH]XOWDFLH ZJOćG EXGQNX QLH XOHJD ŧDGQP ]PLDQRP FR MHVW LVWRWQH ]ZãDV]F]D SU] SUDFDFK UHQRZDFMQFK 7DNLH UR]ZLć]DQLH HOLPLQXMH UyZQLHŧ NRQLHF]QRŋþ VWRVRZDQLD KDãDŋOLZFK FKãRGQLF ZHQWODWRURZFK RPEL RROHU MHVW GRVWDUF]DQ Z IRUPLH JRWRZHJR GR LQVWDODFML PRGXãX ] ZEXGRZDQć V]DINć VWHURZQLF]ć ]DZLHUDMćFć ZV]VWNLH QLH]EĕGQH HOHPHQW ]DEH]SLHF]Hĸ L DXWRPDWNL : PLHMVFX PRQWDŧX ZPDJDQH MHVW MHGQLH SRGãćF]HQLH ]DVLODQLD L SRGDQLH VJQDãyZ VWHUXMćFFK ] QDGU]ĕGQHJR VVWHPX DXWRPDWNL .DŧG PRGXã RPEL RROHU MHVW IDEUF]QLH WHVWRZDQ D ZQLNL WHVWX Vć ]DãćF]DQH GR GRNXPHQWyZ GRVWDZ 3U]H]QDF]HQLH RPEL RROHU MHVW GHGNRZDQ GR REVãXJL SRPLHV]F]Hĸ FKãRG]RQFK ]D SRŋUHGQLFWZHP EHOHN FKãRG]ćFFK Z NWyUFK ]VNL FLHSãD QLH SU]HNUDF]DMć :Pò =ZNOH PRF FKãRGQLF]D MHGQRVWNL MHVW ZLĕF RGSRZLHGQLD GOD ]QDNRPLWHM ZLĕNV]RŋFL ]DVWRVRZDĸ ELXURZFK F] EXGQNyZ XŧWHF]QRŋFL SXEOLF]QHM (IHNWZQRĂÊ HQHUJHWF]QD : WUDGFMQFK UR]ZLć]DQLDFK WHPSHUDWXUD SRZLHWU]D QDZLHZ QHJR ZQRVL ƒ SRGF]DV JG RPEL RROHU SU]JRWR ZXMH SRZLHWU]H R WHPSHUDWXU]H ƒ 3RQLHZDŧ WHPSHUDWXUD QDZLHZX MHVW QLH]QDF]QLH ZŧV]D ZLĕF Z SRPLHV]F]HQLDFK WDNLFK MDN SXVWH VDOH NRQIHUHQFMQH Z NWyUFK QLH ZVWĕSXMH REFLćŧHQLH FLHSOQH XWU]PZDQD MHVW NRPIRUWRZD WHPSHUDWXUD L XQLND VLĕ LFK ]EĕGQHJR FKãRG]HQLD 2V]F]ĕGQRŋFL HQHUJLL Vć WDNŧH RVLćJDQH G]LĕNL UHGXNFML VNRNyZ WHPSHUDWXU Z SRPLHV]F]HQLX 8QLND VLĕ UyZQLHŧ HQHUJRFKãRQQHM NRQGHQVDFML ZLOJRFL QD FKãRGQLF SRZLHWU]D QDZLHZDQHJR ,VWQLHMH ]DVDGQLF]D UyŧQLFD Z ]XŧFLX HQHUJLL SU] VFKãDG]DQLX SRZLHWU]D GR ƒ L VFKãDG]DQLX JR GR ƒ =VNL HQHUJHWF]QH SU] SRGZŧV]HQLX WHPSHUDWXU FKãRG]HQLD LOXVWUXMH ]DPLHV]F]RQ SRQLŧHM ZNUHV QU 8]VNDQH WD GURJć RV]F]ĕGQRŋFL HQHUJLL QLH PRJć Eþ MHGQDN WUDNWRZDQH MDNR FDãNRZLW ]VN HQHUJHWF]Q LQVWDODFML JGŧ REZyG EHOHN FKãRG]ćFFK PXVL SUDFRZDþ ] ZLĕNV]ć PRFć FKãRGQLF]ć DE VNRPSHQVRZDþ ZŧV]ć WHPSHUDWXUĕ QDZLHZX =XĝFLH HQHUJLL QDZLHZ :NUHV 5RF]QD UHGXNFMD ]XĝFLD HQHUJLL