7DEHOOH :HUNVHLWLJ HLQJHVWHOOWH 3DUDPHWHU $QIDQJVZHUWH
3DUDPHWHUQDPH
(LQVWHOOXQJ EHL $XVOLHIHUXQJ 6WDQGDUGZHUW
*UXQGHLQVWHOOXQJ $Q]HLJHDXIIULVFKXQJV]\NOXV 6HNXQGH
$Q]HLJHNRPSUHVVLRQ
$ODUPK\VWHUHVH
$ODUPYHUULHJHOXQJ
/&'$XVJHK]HLW
'2$XVJDEH EHL 6SHLFKHU 92// 2KQH
'2$XVJDEH EHL /((5(5 %DWWHULH 2KQH
'DWHLWHLOXQJV]\NOXV
'DWHL EHUVFKUHLEHQ
'DWHQIRUPDW
6SUDFKH ZlKOHQ
02'%86 6WDWLRQ 1U
02'%86%DXGUDWH IU .RPPXQLNDWLRQ
02'%863DULWlWVELW
)URQWNRPPXQLNDWLRQ
$XI]'DWHQIRUPDW
=HLWHLQVWHOOXQJ
'DWHQ UHJLVWULHUHQ
.DQDOHLQVWHOOXQJ
(LQJDEHW\S .7\S 7KHUPRHOHPHQW
0DUNH 0DUNH
.DQDOQXPPHU
0DUNH
(LQKHLW
(LQJDEHEHUHLFK %HUHLFKVDQIDQJHQGH
ELV
'H]LPDOSXQNWSRVLWLRQ
(LQJDEH¿OWHU
6XEWUDNWLRQVNDQDO
399HUVFKLHEXQJ
391HLJXQJ
):HUWEHUHFKQXQJVIXQNWLRQ $86
$Q]HLJHIDUEH $EKlQJLJ YRQ .DQDOQXPPHU
$XI]HLFKQXQJVW\S
0D[LPDO0LQLPDOZHUWDXI]HLFKQXQJ
$XI]HLFKQXQJVPRGXV
7RWDOLVLHUHLQVWHOOXQJ
7RWDOLVLHUPDUNH 67$*
.DQDOQXPPHU
7RWDOLVLHUEHUHFKQXQJ $86
7RWDOLVLHUW\S
'LJLWDOHLQJDQJ
7RWDOLVLHUXQJVHLQKHLWV]HLW K
5FNVWHOOEHWULHE
7RWDOLVLHUHLQKHLW
7RWDOLVLHUVFKQLWWZHUW
7RWDOLVLHUXQJVVNDOLHUZHUW
$ODUPHLQVWHOOXQJ
$ODUP 1U 7\S
(LQVWHOOSXQNW
'25HODLV 1U
9RQ $ODUP 1U ELV 1U
(V VLQG GLHVHOEHQ (OHPHQWH ZLH REHQ
5HFKQXQJVNDQDO
)RUPHOHLQVWHOOXQJ 6lPWOLFKH )RUPHOQ VLQG OHHU %HUHFKQXQJ
HLQVWHOOXQJ
0DUNH 0DUNH
.DQDOQXPPHU
0DUNH
(LQKHLW
0HVVEHUHLFK %HUHLFKVDQIDQJHQGH
$86
.HLQH 8QWHUWHLOXQJ .HLQH $XIWHLOXQJ 6WXQGH 7DJ :RFKH 0RQDW
$86
----0077
(QJOLVFK
8QJHUDGH
(,1
$6&,,
²
.7KHUPRHOHPHQW
/HHU
&
6HNXQGHQ
2KQH
0LW $XI]HLFKQXQJ
3HULRGLVFK
',
(,1
²
&
$86
&
2KQH
/HHU
&
ELV
(LQVWHOOEHUHLFK
6HNXQGH ELV 6WXQGHQ
9RQ ELV
$86 (,1
ELV 0LQXWHQ
2KQH '2 ELV '2
2KQH '2 ELV '2
$86 (,1
----0077 7700---- 77000--
0077---- 00077--
(QJOLVFK )UDQ]|VLVFK
ELV
ESV
.HLQH 8QJHUDGH *HUDGH
$86 (,1
$6&,, %LQlU
²
²
hEHUVSULQJHQ . ( - 7 5 6 % 1 : / 8
317KHUPRHOHPHQW 3W -3W 1L &X
3W P9 P9 9 XQG 9 %HUHLFK
%LV ]X =HLFKHQ
%LV ]X =HLFKHQ
& ) 7HFKQLNHLQKHLW EHLP 6SDQQXQJVHLQJDQJ
7HFKQLNZHUW
ELV 6HNXQGHQ LQ 6FKULWWHQ YRQ 6HNXQGH
ELV NHLQH 6XEWUDNWLRQ EHL
7HFKQLNZHUW ELV
ELV
$86 (,1
)DUEHQ
0RPHQWDQZHUWDXI]HLFKQXQJ
'XUFKVFKQLWWVZHUWDXI]HLFKQXQJ
0D[LPDO0LQLPDOZHUWDXI]HLFKQXQJ
0LW $XI]HLFKQXQJ1XU $Q]HLJH
%LV ]X =HLFKHQ
$86 (,1
6LHKH $EVFKQLWW
'LJLWDOHLQJDQJ .DQDODODUP
V 0LQ K 7DJ
$86 (,1
)UHL ZlKOEDU
7HFKQLNZHUW
ELV
$86 + /
7HFKQLNZHUW
2KQH '2 ELV '2
)XQNWLRQ $%6 32: 645 /2* /1 (;3 5+
0$; 0,1 +3 /3 $9* 680
(LQJDQJ (LQJDEHNDQDO 7RWDOLVDWRUHLQJDEH
'LJLWDOHLQJDQJ .RPPXQLNDWLRQVHLQJDQJ
.RQVWDQW 7HPSRUlUH 'DWHQ
%LV ]X =HLFKHQ
%LV ]X =HLFKHQ
7HFKQLNHLQKHLW
7HFKQLNZHUW
+LQZHLVH
%HL (LQVWHOOXQJ
DXI ij EOHLEW
GDV /&'
HLQJHVFKDOWHW
/HJHQ 6LH
GHQVHOEHQ
(LQJDEHW\S IU MH
.DQlOH IHVW
$(%