KitchenAid CFS 800 W - Side-by-Side - CFS 800 W - Side-by-Side DE (853965711000) Istruzioni per l'Uso
KitchenAid CFS 800 W - Side-by-Side - CFS 800 W - Side-by-Side DE (853965711000) Istruzioni per l'Uso
KitchenAid CFS 800 W - Side-by-Side - CFS 800 W - Side-by-Side DE (853965711000) Istruzioni per l'Uso
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
63733126D.fm Page 4 Tuesday, February 22, 2005 10:44 AM<br />
*(%5$8&+6$1:(,681*<br />
%(6&+5(,%81*'(6*(5b76<br />
925'(5,1%(75,(%1$+0('(6*(5b7(6<br />
,1)250$7,21(1=8080:(/76&+87=<br />
$//*(0(,1(+,1:(,6(81'5$76&+/b*(<br />
%(187=81*921.h+/*()5,(55$80<br />
(,1)5,(5(1<br />
,11(1$8667$7781*<br />
5(,1,*81*81'3)/(*(<br />
9256,&+760$‰1$+0(1%(,/b1*(5(5<br />
$%:(6(1+(,7<br />
67g581*:$6781".81'(1',(167
63733126D.fm Page 5 Tuesday, February 22, 2005 10:44 AM<br />
%(6&+5(,%81*'(6*(5b76<br />
7LHIN KOWHLO<br />
7 5RVWH<br />
8 8QWHUHU.RUEQXUEHLHLQLJHQ0RGHOOHQ<br />
9 2EHUHU.RUE<br />
< $EVWHOOIDKLQGHU*HIULHUIDKW U<br />
= 2EHUHXQGEHLHLQLJHQ0RGHOOHQXQWHUH<br />
,QQHQEHOHXKWXQJ<br />
. KO<strong>DE</strong>WHLO<br />
$ %HOHXKWXQJLQQHUHV%HGLHQIHOG<br />
% =HQWUDOH%HOHXKWXQJEHLHLQLJHQ0RGHOOHQ<br />
& 9HUVWHOOEDUH$EODJH<br />
' 6KDOHQ<strong>DE</strong>GHNXQJ<br />
( =XVDW]IDKEHLHLQLJHQ0RGHOOHQ<br />
) *HP VHVKDOH<br />
* 6KLHEHUHJOHU*HP VHVKDOH<br />
+ )OHLVKVKDOH<br />
, 6KLHEHUHJOHU)OHLVKVKDOH<br />
/ %XWWHUIDK<br />
0 )ODVKHQ<strong>DE</strong>ODJHPLW)ODVKHQVLKHUXQJEHL<br />
HLQLJHQ0RGHOOHQ<br />
1 )ODVKHQ<strong>DE</strong>ODJHI U/LWHU)ODVKHQ<br />
PLW)ODVKHQVLKHUXQJEHLHLQLJHQ0RGHOOHQ<br />
2 )ODVKHQ<strong>DE</strong>ODJHI U/LWHU)ODVKHQ<br />
3 7UHQQZDQGEHLHLQLJHQ0RGHOOHQ<br />
4 (LHUEHKlOWHU
63733126D.fm Page 6 Tuesday, February 22, 2005 10:44 AM<br />
925'(5,1%(75,(%1$+0('(6*(5b7(6<br />
,1)250$7,21(1=8080:(/76&+87=<br />
<br />
‡ 'DVYRQ,KQHQJHNDXIWH*HUlWLVWDXVVKOLH‰OLK<br />
I UGHQ+DXVJHEUDXK<br />
) UGLHRSWLPDOH1XW]XQJ,KUHV*HUlWHV<br />
OHVHQ6LHELWWHDXIPHUNVDPGLH<br />
%HGLHQXQJVDQOHLWXQJLQGHU6LHGLH<br />
*HUlWHEHVKUHLEXQJVRZLHQ W]OLKH<br />
5DWVKOlJH]XU$XIEHZDKUXQJGHU<br />
/HEHQVPLWWHOILQGHQ<br />
+HEHQ6LHGLHVH$QOHLWXQJ]XP<br />
1DKVKODJHQJXWDXI<br />
9HUSDNXQJ<br />
'DV9HUSDNXQJVPDWHULDOLVW]XZLHGHU<br />
YHUZHUWEDUXQGGXUKHLQ5H\OLQJV\PERO<br />
JHNHQQ]HLKQHW) UGLH(QWVRUJXQJGLH|UWOLKHQ<br />
9RUVKULIWHQEHDKWHQ'DV9HUSDNXQJVPDWHULDO<br />
3ODVWLNEHXWHO6W\URSRUWHLOHXVZDX‰HUKDOEGHU<br />
5HLKZHLWHYRQ.LQGHUQDXIEHZDKUHQGDHVHLQH<br />
P|JOLKH*HIDKUHQTXHOOHGDUVWHOOW<br />
(QWVRUJXQJ<br />
'DV*HUlWZXUGHDXVZLHGHUYHUZHUWEDUHQ<br />
0DWHULDOLHQKHUJHVWHOOW<br />
,QhEHUHLQVWLPPXQJPLWGHQ$QIRUGHUXQJHQGHU<br />
(XURSlLVKHQ5LKWOLQLH(* EHU(OHNWUR<br />
XQG(OHNWURQLN$OWJHUlWH:(((LVWYRUOLHJHQGHV<br />
*HUlWPLWHLQHU0DUNLHUXQJYHUVHKHQ<br />
6LHOHLVWHQHLQHQSRVLWLYHQ%HLWUDJI UGHQ6KXW]<br />
GHU8PZHOWXQGGLH*HVXQGKHLWGHV0HQVKHQ<br />
ZHQQ6LHGLHVHV*HUlWHLQHUJHVRQGHUWHQ<br />
$EIDOOVDPPOXQJ]XI KUHQ,PXQVRUWLHUWHQ<br />
6LHGOXQJVP OON|QQWHHLQVROKHV*HUlWGXUK<br />
XQVDKJHPl‰H(QWVRUJXQJQHJDWLYH<br />
.RQVHTXHQ]HQQDKVLK]LHKHQ<br />
$XIGHP3URGXNWRGHUGHUEHLOLHJHQGHQ<br />
3URGXNWGRNXPHQWDWLRQLVWIROJHQGHV6\PERO <br />
HLQHUGXUKJHVWULKHQHQ$EIDOOWRQQH<strong>DE</strong>JHELOGHW<br />
(VZHLVWGDUDXIKLQGDVVHLQH(QWVRUJXQJLP<br />
QRUPDOHQ+DXVKDOWV<strong>DE</strong>IDOOQLKW]XOlVVLJLVW<br />
(QWVRUJHQ6LHGLHVHV3URGXNWLP5H\OLQJKRIPLW<br />
HLQHUJHWUHQQWHQ6DPPOXQJI U(OHNWURXQG<br />
(OHNWURQLNJHUlWH(QWIHUQHQ6LHYRUGHU<br />
%HVHLWLJXQJGHV*HUlWVGLH7 UHQXQGVKQHLGHQ<br />
6LHGDV6WURPN<strong>DE</strong>HOGXUKXPGDV*HUlW<br />
IXQNWLRQVXQW KWLJ]XPDKHQ%HODVVHQ6LHGLH<br />
$EODJHIOlKHQLP*HUlWVRGDVV.LQGHUQLKW<br />
XQJHKLQGHUWLQGDV*HUlWHLQQHUHNOHWWHUQN|QQHQ<br />
'LH(QWVRUJXQJPXVVJHPl‰GHQ|UWOLKHQ<br />
%HVWLPPXQJHQ]XU$EIDOOEHVHLWLJXQJHUIROJHQ<br />
(QWVRUJHQ6LHGDV*HUlWEHLGHQVSH]LHOOHQ<br />
6DPPHOVWHOOHQXQGODVVHQ6LHHVQLKWHLQPDO<br />
YRU EHUJHKHQGXQEHDXIVLKWLJWGDHVHLQH<br />
SRWHQWLHOOH*HIDKUHQTXHOOHI U.LQGHUGDUVWHOOW<br />
%LWWHZHQGHQ6LHVLKDQGLH]XVWlQGLJHQ<br />
%HK|UGHQ,KUHU*HPHLQGHYHUZDOWXQJDQGHQ<br />
ORNDOHQ5H\OLQJKRII U+DXVKDOWVP OORGHUDQ<br />
GHQ+lQGOHUEHLGHP6LHGLHVHV*HUlWHUZRUEHQ<br />
K<strong>DE</strong>HQXPZHLWHUH,QIRUPDWLRQHQ EHU<br />
%HKDQGOXQJ9HUZHUWXQJXQG<br />
:LHGHUYHUZHQGXQJGLHVHV3URGXNWV]XHUKDOWHQ<br />
hEHUSU IHQ6LHGDV*HUlWQDKGHP<br />
$XVSDNHQDXI%HVKlGLJXQJHQXQG<br />
NRQWUROOLHUHQ6LHREGLH7 UHLQZDQGIUHL<br />
VKOLH‰W0|JOLKH6KlGHQP VVHQGHP<br />
+lQGOHULQQHUKDOEYRQ6WXQGHQQDK<br />
$QOLHIHUXQJJHPHOGHWZHUGHQ<br />
:DUWHQ6LHYRUGHU,QEHWULHEQDKPHGHV*HUlWHV<br />
PLQGHVWHQV]ZHL6WXQGHQGDPLWGHU. KONUHLV<br />
VHLQHYROOH)XQNWLRQVW KWLJNHLWHUUHLKHQNDQQ<br />
'LH,QVWDOODWLRQXQGGHUHOHNWULVKH$QVKOXVV<br />
P VVHQYRQHLQHU)DKNUDIWJHPl‰GHQ<br />
+HUVWHOOHUDQZHLVXQJHQXQGGHQJ OWLJHQ<br />
|UWOLKHQ%HVWLPPXQJHQDXVJHI KUWZHUGHQ<br />
5HLQLJHQ6LHGLH*HUlWHLQQHQUlXPHEHYRU6LH<br />
VLHLQ*HEUDXKQHKPHQ<br />
,QIRUPDWLRQ<br />
'LHVHV*HUlWLVW)&.:IUHLGHU.lOWHNUHLVODXI<br />
HQWKlOW5DRGHU).:IUHLGHU<br />
.lOWHNUHLVODXIHQWKlOW5D<br />
) U*HUlWHPLW,VREXWDQ5D<br />
,VREXWDQLVWHLQ1DWXUJDVRKQH<br />
XPZHOWVKlGLJHQGH$XVZLUNXQJHQHVLVWMHGRK<br />
HQWIODPPEDU'LH/HLWXQJHQGHV.lOWHNUHLVHV<br />
P VVHQGDKHUXQEHGLQJWDXILKUH8QYHUVHKUWKHLW<br />
EHUSU IWZHUGHQ<br />
.RQIRUPLWlWVHUNOlUXQJ<br />
‡ 'LHVHV*HUlWLVWI UGLH$XIEHZDKUXQJYRQ<br />
/HEHQVPLWWHOQEHVWLPPWXQGHQWVSULKWGHU<br />
(85LKWOLQLH(:*(:*XQG<br />
(:*<br />
‡ 'LHVHV*HUlWZXUGHJHPl‰IROJHQGHU<br />
5LKWOLQLHQHQWZRUIHQKHUJHVWHOOWXQGDXIGHQ<br />
0DUNWJHEUDKW<br />
6LKHUKHLWVDQIRUGHUXQJHQGHU<br />
1LHGHUVSDQQXQJVULKWOLQLH(:*<br />
(095LKWOLQLH(:*VRZLHGHU<br />
QDKIROJHQGHQ$ElQGHUXQJGXUK5LKWOLQLH<br />
(:*<br />
‡ 'LHHOHNWULVKH6LKHUKHLWGHV*HUlWHVLVWQXU<br />
GDQQJHZlKUOHLVWHWZHQQHVNRUUHNWDQHLQH<br />
IXQNWLRQVW KWLJHXQGGHQJHVHW]OLKHQ<br />
%HVWLPPXQJHQHQWVSUHKHQGH(UGXQJ<br />
DQJHVKORVVHQLVW
63733126D.fm Page 7 Tuesday, February 22, 2005 10:44 AM<br />
$//*(0(,1(+,1:(,6(81'5$76&+/b*(<br />
‡ 'HQ. KOUDXPQXU]XU/DJHUXQJIULVKHU<br />
/HEHQVPLWWHOXQGGHQ*HIULHUUDXPQXU]XU<br />
/DJHUXQJYRQ7LHIN KOZDUH]XP*HIULHUHQ<br />
IULVKHU/HEHQVPLWWHOXQG]XP+HUVWHOOHQYRQ<br />
(LVZ UIHOQYHUZHQGHQ<br />
‡ 1DKGHU,QVWDOODWLRQVLKHUVWHOOHQGDVVGDV<br />
*HUlWQLKWDXIGHP6WURPN<strong>DE</strong>HOVWHKW<br />
‡ .HLQH*ODVEHKlOWHUPLWIO VVLJHP,QKDOWLQGHQ<br />
*HIULHUUDXPVWHOOHQGDGLHVHSODW]HQN|QQHQ<br />
‡ (LVZ UIHORGHU:DVVHUHLVQLKWVRIRUWQDK<br />
GHU(QWQDKPHDXVGHP*HIULHUUDXP<br />
YHU]HKUHQGDVLH.lOWHYHUEUHQQXQJHQ<br />
KHUYRUUXIHQN|QQHQ<br />
‡ 9RUMHGHU5HLQLJXQJVRGHU:DUWXQJVDUEHLW<br />
GHQ1HW]VWHNHU]LHKHQRGHUGLH<br />
6WURPYHUVRUJXQJXQWHUEUHKHQ<br />
‡ 'DV*HUlWQLKWQHEHQHLQHU:lUPHTXHOOH<br />
DXIVWHOOHQ<br />
‡ .HLQ%HQ]LQ*DVRGHUDQGHUHHQWIODPPEDUH<br />
6WRIIHLQGHU1lKHGHV. KOVKUDQNVRGHU<br />
DQGHUHU+DXVKDOWVJHUlWHDXIEHZDKUHQRGHU<br />
YHUZHQGHQ'XUKGLHDXVVWU|PHQGHQ<br />
'lPSIHEHVWHKW%UDQGRGHU<br />
([SORVLRQVJHIDKU<br />
‡ /DVVHQ6LHDXIEHLGHQ6HLWHQXQG EHUGHP<br />
*HUlWPLQGHVWHQVP5DXPIUHLXPHLQH<br />
DXVUHLKHQGH%HO IWXQJ]XJHZlKUOHLVWHQ<br />
‡ 'LH%HO IWXQJV|IIQXQJHQG UIHQDXKEHL<br />
YHUNOHLGHWHQ*HUlWHQRGHU(LQEDXJHUlWHQ<br />
QLKWYHUGHNWZHUGHQ<br />
‡ 6lPWOLKH*HUlWHPLW(LVDXWRPDWXQG<br />
:DVVHUVSHQGHUP VVHQDQHLQH<br />
:DVVHUOHLWXQJDQJHVKORVVHQZHUGHQGLH<br />
DXVVKOLH‰OLK7ULQNZDVVHU<strong>DE</strong>JLEW1LKW<br />
GLUHNWDQGLH:DVVHUOHLWXQJDQJHVKORVVHQH<br />
(LVDXWRPDWHQE]Z:DVVHUVSHQGHUG UIHQ<br />
QXUPLW7ULQNZDVVHUJHI OOWZHUGHQ<br />
‡ 'DV*HUlWDXIHLQHUWUDJIlKLJHQ)OlKH<br />
QLYHOOLHUHQXQGLQHLQHPVHLQHQ$EPHVVXQJHQ<br />
XQGVHLQHP9HUZHQGXQJV]ZHN<br />
HQWVSUHKHQGHQ5DXPDXIVWHOOHQ<br />
‡ 9HUZHQGHQ6LHGDV. KOJHUlWQLKWDQHLQHP<br />
2UWDQGHPGLH8PJHEXQJVWHPSHUDWXUXQWHU<br />
ƒ&<strong>DE</strong>IlOOW'DV*HUlWLQHLQHPWURNHQHQ<br />
XQGJXWEHO IWHWHQ5DXPDXIVWHOOHQ<br />
‡ %HLP$XIE]Z8PVWHOOHQGHV*HUlWHVGDUDXI<br />
DKWHQGDVVGHU)X‰ERGHQQLKWEHVKlGLJW<br />
ZLUG]%3DUNHWW<br />
‡ =XP%HVKOHXQLJHQGHV$EWDXYRUJDQJHV<br />
QLHPDOVPHKDQLVKHRGHUDQGHUHDOVGLHYRP<br />
+HUVWHOOHUHPSIRKOHQHQ8WHQVLOLHQEHQXW]HQ<br />
‡ 'HQ.lOWHPLWWHONUHLVQLKWEHVKlGLJHQ<br />
‡ ,QGHQ]XU$XIEHZDKUXQJYRQ7LHIN KOJXW<br />
EHVWLPPWHQ$EWHLOHQ)lKHUQGHV*HUlWHV<br />
G UIHQQXUGLHYRP+HUVWHOOHUHPSIRKOHQHQ<br />
(OHNWURJHUlWHEHQXW]WZHUGHQ<br />
‡ 'DV*HUlWVROOWHYRQNOHLQHQ.LQGHUQRGHU<br />
%HKLQGHUWHQQXUXQWHU$XIVLKWEHQXW]W<br />
ZHUGHQ<br />
‡ .LQGHUQGDV6SLHOHQXQG9HUVWHNHQLP*HUlW<br />
QLKWJHVWDWWHQXP(UVWLNXQJVXQG<br />
(LQVKOLH‰JHIDKU]XYHUPHLGHQ<br />
‡ 'DV1HW]N<strong>DE</strong>HOGDUIQXUGXUKHLQH)DKNUDIW<br />
HUVHW]WZHUGHQ<br />
‡ .HLQH9HUOlQJHUXQJVN<strong>DE</strong>HORGHU<br />
0HKUIDKDGDSWHUYHUZHQGHQ<br />
‡ 'LH$EVKDOWXQJGHU6WURPYHUVRUJXQJPXVV<br />
GXUK=LHKHQGHV1HW]VWHNHUVRGHUGXUK<br />
HLQHQGHU6WHNGRVHYRUJHVKDOWHWHQ<br />
=ZHLSROVKDOWHUP|JOLKVHLQ<br />
‡ 'LHLQGHQ.lOWHDNNXVHQWKDOWHQHXQJLIWLJH<br />
)O VVLJNHLWQLKWYHUVKOXNHQ
63733126D.fm Page 8 Tuesday, February 22, 2005 10:44 AM<br />
%(187=81*921.h+/*()5,(55$80<br />
‡ 'DV*HUlWDQGLH:DVVHUXQGGLH6WURPOHLWXQJDQVKOLH‰HQ<br />
VLHKH,QVWDOODWLRQVKDQGEXK<br />
‡ 1DKGHP$QVKOXVVDQGDV6WURPQHW]]HLJWGDV'LVSOD\GHV<br />
7LHIN KOWHLOVVRODQJH]ZHL%lONKHQDQELVGLHRSWLPDOH<br />
. KOWHPSHUDWXUHUUHLKWLVWGDV'LVSOD\GHV. KOWHLOV]HLJWGLH<br />
ZHUNVHLWLJYRUHLQJHVWHOOWH7HPSHUDWXUYRQƒ&DQ<br />
‡ .XU]QDKGHP$QVKOLH‰HQEOLQNWGLHURWH$ODUPOHXKWHXQG<br />
HVHUW|QWHLQDNXVWLVKHV:DUQVLJQDO'LHVEHGHXWHWGDVVGDV<br />
*HUlWGLHI UHLQHNRUUHNWH9HUZDKUXQJGHU/HEHQVPLWWHO<br />
HUIRUGHUOLKH7HPSHUDWXUHQQRKQLKWHUUHLKWKDW<br />
‡ 'U NHQ6LHGLH5HVHWWDVWH XPGHQDNXVWLVKHQ$ODUP<br />
<strong>DE</strong>]XVKDOWHQ<br />
‡ 'LHURWH$Q]HLJH K|UW]XEOLQNHQDXIZHQQGLH<br />
7HPSHUDWXULP*HIULHUUDXPHLQHQ]XU9HUZDKUXQJGHV<br />
*HIULHUJXWVJHHLJQHWHQ:HUWHUUHLKWKDWXQGQXQN|QQHQGLH<br />
/HEHQVPLWWHOLQGHQ*HIULHUUDXPHLQJHODJHUWZHUGHQ<br />
‡ 1DKGHP(LQVKDOWHQGHV*HUlWVGDXHUWHVD6WXQGHQ<br />
ELVGLHI UHLQHQRUPDOH%HODGXQJGHV. KOVKUDQNUDXPV<br />
HUIRUGHUOLKH7HPSHUDWXUHUUHLKWLVW<br />
%,77(%($&+7(16,(/HEHQVPLWWHOGLHYRUGHP<br />
(UUHLKHQGHU. KOWHPSHUDWXUHLQJHI KUWZHUGHQN|QQHQ<br />
YHUGHUEHQ'XUKGDV(LQVWHOOHQYRQWLHIHUHQDOVZLHGHQ<br />
HPSIRKOHQHQ7HPSHUDWXUHQN KOHQVLK. KOXQG<br />
*HIULHUUDXPMHGRKQLKWVKQHOOHU<strong>DE</strong><br />
‡ 9HUPHLGHQ6LH. KOJXWLQGHQ. KOVKUDQNUDXPLQ1lKHGHU<br />
%HO IWXQJV|IIQXQJHQHLQ]XODJHUQ<br />
‡ (LQHHLQJHEDXWH9RUULKWXQJ]XU.RQWUROOHGHU<br />
5DXPIHXKWLJNHLWYHUKLQGHUWGLH%LOGXQJYRQ)HXKWLJNHLWDQ<br />
GHQIURQWVHLWLJHQ*HUlWHNDQWHQ6LQGGLHVH.DQWHQPDQKPDO<br />
ZDUPLVWGLHVNHLQ*UXQG]XU%HXQUXKLJXQJ<br />
‡ %HLPgIIQHQEHLGHU7 UHQVKDOWHWVLKGLH,QQHQEHOHXKWXQJ<br />
HLQ
63733126D.fm Page 9 Tuesday, February 22, 2005 10:44 AM<br />
$QOHLWXQJ]XU:KDOGHU)XQNWLRQHQ<br />
6WDQGE\<br />
'XUK'U NHQGHU7DVWH VKDOWHWGDV*HUlWLQGHQ<br />
6WDQGE\%HWULHE,QGLHVHU%HWULHEVDUWZHUGHQVRZRKOGHU<br />
. KODOVDXKGHU7LHIN KOWHLO<strong>DE</strong>JHVKDOWHW<br />
$XIEHLGHQ'LVSOD\VHUVKHLQHQ]XU%HVWlWLJXQJGHV6WDQGE\<br />
%HWULHEV]ZHLJU QH3XQNWH<br />
=XP:LHGHUKHUVWHOOHQGHVQRUPDOHQ. KOEHWULHEVGU NHQ<br />
6LHGLH7DVWHHUQHXW$XIEHLGHQ'LVSOD\VZHUGHQZLHGHUGLH<br />
YRUKHUHLQJHVWHOOWHQ7HPSHUDWXUHQDQJH]HLJW<br />
,P6WDQGE\%HWULHEIXQNWLRQLHUWGLH,QQHQEHOHXKWXQJQLKW<br />
%HDKWHQ6LHELWWHGDVVGDV*HUlWWURW]GHPPLW6WURP<br />
YHUVRUJWZLUG<br />
6KQHOOJHIULHUHQ<br />
'LHVH)XQNWLRQPXVVYRUGHP(LQIULHUHQYRQIULVKHQ<br />
/HEHQVPLWWHOQDNWLYLHUWZHUGHQ'LHVJHVKLHKWGXUK<br />
'U NHQGHU6KQHOOJHIULHUWDVWHGLHG<strong>DE</strong>HLJHOEDXIOHXKWHW<br />
'LH6KQHOOJHIULHUIXQNWLRQVKDOWHWVLKDXWRPDWLVKQDK<br />
6WXQGHQRGHUQDKHUQHXWHP'U NHQGHU7DVWH<strong>DE</strong><br />
:HQQGLHVH)XQNWLRQDNWLYLHUWLVWPXVVVLKGHU6KLHEHUHJOHU<br />
GHU)OHLVKVKDOHLQGHU6WHOOXQJ´*HP VHµEHILQGHQ<br />
'LVSOD\GHV7LHIN KOWHLOV<br />
(V]HLJWGLHI UGHQ7LHIN KOWHLOHLQJHVWHOOWH7HPSHUDWXUDQ<br />
'LHHLQJHVWHOOWH7HPSHUDWXUZLUGJHVSHLKHUWXQGQDKHLQHP<br />
HYHQWXHOOHQ6WURPDXVIDOORGHU$EVKDOWHQGHV*HUlWVGXUK<br />
'U NHQGHU6WDQGE\7DVWHDXWRPDWLVKZLHGHUKHUJHVWHOOW<br />
(LQVWHOOHQGHU7HPSHUDWXULP7LHIN KOWHLO<br />
0LWGHQ7DVWHQ NDQQGLH,QQHQWHPSHUDWXUDXIGHQ<br />
JHZ QVKWHQ:HUWHLQJHVWHOOWZHUGHQGHUDXIGHP'LVSOD\<br />
DQJH]HLJWZLUG<br />
'LVSOD\GHV. KOWHLOV<br />
(V]HLJWGLHI UGHQ. KOWHLOHLQJHVWHOOWH7HPSHUDWXUDQ<br />
'LHHLQJHVWHOOWH7HPSHUDWXUZLUGJHVSHLKHUWXQGQDKHLQHP<br />
HYHQWXHOOHQ6WURPDXVIDOORGHU$EVKDOWHQGHV*HUlWVGXUK<br />
'U NHQGHU6WDQGE\7DVWHDXWRPDWLVKZLHGHUKHUJHVWHOOW<br />
(LQVWHOOHQGHU7HPSHUDWXULP. KOWHLO<br />
0LWGHQ7DVWHQ NDQQGLH,QQHQWHPSHUDWXUDXIGHQ<br />
JHZ QVKWHQ:HUWHLQJHVWHOOWZHUGHQGHUDXIGHP'LVSOD\<br />
DQJH]HLJWZLUG<br />
6KQHOON KOHQ<br />
'XUK'U NHQGLHVHU7DVWHZLUGGLH)XQNWLRQ)DVW&RROLQJ<br />
HLQJHVKDOWHWXQGDQJH]HLJW'LHVH)XQNWLRQEHVKOHXQLJWGDV<br />
$EN KOHQYRQIULVKHQ/HEHQVPLWWHOQLP. KOWHLO'LHV<br />
JHVKLHKWGXUK'U NHQGHU6KQHOOJHIULHUWDVWHGLHG<strong>DE</strong>HL<br />
JHOEDXIOHXKWHW'LH6KQHOON KOIXQNWLRQVKDOWHWVLK<br />
DXWRPDWLVKQDK6WXQGHQRGHUHUQHXWHP'U NHQGHU<br />
7DVWH<strong>DE</strong>
63733126D.fm Page 10 Tuesday, February 22, 2005 10:44 AM<br />
$QOHLWXQJ]XU:KDOGHU)XQNWLRQHQ<br />
<br />
)HULHQ<br />
'LHVH)XQNWLRQVKDOWHWGHQ. KOWHLO<strong>DE</strong>XQGLVWLP)DOOHHLQHU<br />
OlQJHUHQ$EZHVHQKHLWQ W]OLK'LHVJHVKLHKWGXUK<br />
'U NHQGHU7DVWH GLHG<strong>DE</strong>HLJHOEDXIOHXKWHW<br />
'DV'LVSOD\]HLJWMHW]WVWDWWGHU7HPSHUDWXUHLQHQJU QHQ<br />
3XQNWDQ8PGHQ. KOWHLOZLHGHUHLQ]XVKDOWHQGU NHQ6LH<br />
HUQHXWGLH7DVWH <br />
%LWWHEHDKWHQ<br />
1DK$NWLYLHUHQGLHVHU)XQNWLRQVROOWHQ6LHDOOH<br />
YHUGHUEOLKHQ/HEHQVPLWWHODXVGHP. KOWHLOKHUDXVQHKPHQ<br />
XQGGLH7 UVKOLH‰HQ<br />
$ODUPPHOGXQJHQ<br />
'DV*HUlWYHUI JW EHUDNXVWLVKHXQGRSWLVKH<br />
$ODUPPHOGXQJHQ<br />
'HUDNXVWLVKH$ODUPZLUGGXUK'U NHQGHU7DVWH <br />
<strong>DE</strong>JHVKDOWHW<br />
$ODUP7LHIN KOWHLOWHPSHUDWXU<br />
(LQDNXVWLVKHV6LJQDOHUW|QWXQGGLHURWH:DUQOHXKWH<br />
EOLQNWVWDWWGHU7HPSHUDWXUDQ]HLJHHUVKHLQHQDXIGHP<br />
'LVSOD\]ZHL%lONKHQ<br />
'HU$ODUPZLUGDNWLYLHUWZHQQ<br />
‡ 'DV*HUlWZLU]XPHUVWHQ0DORGHUQDKHLQHPOlQJHUHQ<br />
5XKH]XVWDQGDQGDV6WURPQHW]DQJHVKORVVHQ<br />
‡ 'LH7HPSHUDWXULP7LHIN KOWHLOLVWQLKWNRUUHNWHLQJHVWHOOW<br />
‡ 'LHHLQJHOHJWH0HQJHHLQ]XIULHUHQGHU6SHLVHQ<br />
EHUVKUHLWHWGLHDXIGHP7\SHQVKLOGDQJHJHEHQH0HQJH<br />
‡ 'LH7 UGHV*HIULHUWHLOVEOHLEWODQJHJH|IIQHW<br />
6WURPDXVIDOO$ODUP<br />
$XIGHP'LVSOD\GHV7LHIN KOWHLOVHUVKHLQWGLHZlKUHQGGHV<br />
6WURPDXVIDOOVPD[LPDOHUUHLKWH7HPSHUDWXUXQGEOLQNW<br />
*OHLK]HLWLJOHXKWHWGLHURWH$ODUPOHXKWHDXIXQGHLQ<br />
DNXVWLVKHV6LJQDOHUW|QW<br />
'HU$ODUPZLUGDNWLYLHUWZHQQ<br />
‡ VLKHLQOlQJHUHU6WURPDXVIDOOHUHLJQHWKDWXQGGLH<br />
7HPSHUDWXULP,QQHUHQGHV7LHIN KOWHLOVDXI:HUWH<br />
DQJHVWLHJHQLVWZHOKHGLHHLQZDQGIUHLHQ.RQVHUYLHUXQJ<br />
GHU/HEHQVPLWWHOQJHIlKUGHQ<br />
$EVKDOWHQGHU$ODUPIXQNWLRQ<br />
‡ 'U NHQ6LHGLH5HVHWWDVWH <br />
‡ 'DV'LVSOD\]HLJWGLHYRUHLQJHVWHOOWH7HPSHUDWXUDQ<br />
+LQZHLV<br />
(VZLUGJHUDWHQGHQHLQZDQGIUHLHQ=XVWDQGGHULQEHLGHQ<br />
7HLOHQHLQJHODJHUWHQ/HEHQVPLWWHO]XNRQWUROOLHUHQEHYRU<br />
GLHVHZLHGHUHLQJHIURUHQRGHUYHU]HKUWZHUGHQ<br />
'XUK%HWULHEVVW|UXQJHQDXVJHO|VWH$ODUPH<br />
6ROOWHQ]XVDPPHQPLWHLQHPDNXVWLVKHQ6LJQDOEHVWLPPWH<br />
%XKVW<strong>DE</strong>HQIROJHQDXIGHQ'LVSOD\VHUVKHLQHQZHQGHQ6LH<br />
VLKDQHLQHQDXWRULVLHUWHQ:KLUOSRRO.XQGHQGLHQVW
63733126D.fm Page 11 Tuesday, February 22, 2005 10:44 AM<br />
$QOHLWXQJ]XU:KDOGHU)XQNWLRQHQ<br />
7 UDODUP7 UGHV7LHIN KO. KOWHLOVRIIHQ<br />
'DV6\PEROI UGLH. KOWHLOXQGRGHU7LHIN KOWHLOW UEOLQNW<br />
JU QH:DUQOHXKWHJOHLK]HLWLJHUW|QWHLQ:DUQWRQXQGGLH<br />
URWH:DUQOHXKWHOHXKWHWDXI<br />
'HU$ODUPZLUGDNWLYLHUWZHQQ<br />
‡ HLQHRGHUEHLGH7 UHQOlQJHUDOV 0LQXWHQRIIHQVWHKHQ<br />
%OHLEWEOHLEHQGLH7 UHQQRKZHLWHUH0LQXWHQJH|IIQHW<br />
ZLUGGHU$ODUPHUQHXWDNWLYLHUW<br />
$EVKDOWHQGHV$ODUPV<br />
6KOLH‰HQ6LHGLH7 UHQRGHUGU NHQ6LHGLH5HVHWWDVWH <br />
(,1)5,(5(1<br />
'DVPLWGHP6\PERO YHUVHKHQH7LHIN KOIDKHLJQHWVLK<br />
]XU/DJHUXQJYRQ7LHIN KONRVWXQG]XP(LQIULHUHQYRQIULVKHQ<br />
RGHUYRUJHNRKWHQ/HEHQVPLWWHOQ$X‰HUGHPLVWGLH%HUHLWXQJ<br />
YRQ(LVZ UIHOQP|JOLK'LHPLWGHP6\PEROJHNHQQ]HLKQHWH<br />
,QQHQW UGHV*HIULHUWHLOVHLJQHWVLKKHUYRUUDJHQG]XU<br />
NXU]]HLWLJHQ$XIEHZDKUXQJYRQ6SHLVHHLVRGHU7LHIN KONRVW<br />
'DVPD[LPDOH*HIULHUYHUP|JHQZlKUHQG6WXQGHQEHLHLQHU<br />
8PJHEXQJVWHPSHUDWXUYRQƒ&LVWDXIGHP7\SHQVKLOGLP<br />
. KOVKUDQNDQJHJHEHQ<br />
'LHEHVWHQ5HVXOWDWHEHLP(LQIULHUHQZHUGHQHU]LHOWZHQQ6LHGLH<br />
6KQHOOJHIULHUWDVWH GU NHQ1DK$EODXIYRQ6WXQGHQ<br />
N|QQHQGLH6SHLVHQDXIGLHREHUVWH$EODJHGHV7LHIN KOIDKV<br />
JHOHJWZHUGHQ<br />
‡ :HQQGLHVH)XQNWLRQDNWLYLHUWLVWPXVVVLKGHU6KLHEHUHJOHU<br />
GHU)OHLVKVKDOHLQGHU6WHOOXQJ´*HP VHµEHILQGHQ
63733126D.fm Page 12 Tuesday, February 22, 2005 10:44 AM<br />
,11(1$8667$7781*<br />
(QWIHUQHQXQG1HXDQRUGQHQGHU$EODJHQYRQ. KOXQG<br />
*HIULHU<strong>DE</strong>WHLO<br />
6LHN|QQHQGLH. KOVKUDQN<strong>DE</strong>ODJHQQDK%HOLHEHQDQRUGQHQ<br />
'LH*ODV<strong>DE</strong>ODJHQWUDJHQ)ODVKHQ0LOKNDUWRQVRGHUVKZHUH<br />
/HEHQVPLWWHO/HJHQ6LHGLHVH<strong>DE</strong>HUELWWHWURW]GHPQLKWPLW<br />
:XKWDXIGLH)OlKHQ<br />
(QWIHUQHQGHU$EODJHQ<br />
=LHKHQ6LHGLH$EODJHQELV]XP$QVKODJKHUDXVKHEHQ6LHVLH<br />
DQXQGHQWIHUQHQ6LHVLH<br />
(QWIHUQHQGHU2EVWXQG*HP VHVKDOHRGHUGHU<br />
)OHLVKVKDOH6<br />
‡ =LHKHQ6LHGLH6KDOHELV]XP$QVKODJKHUDXV<br />
‡ I KUHQ6LHGD]XHLQH+DQGXQWHUGLH6KDOHKHEHQ6LHVLHDQ<br />
XQG]LHKHQ6LHVLHKHUDXV<br />
‡ GLH6KDOHIlOOWYRQGHQ*OHLWVKLHQHQ<strong>DE</strong>XQGNDQQQRKZHLWHU<br />
KHUDXVJH]RJHQZHUGHQ<br />
‡ ]XUYROOVWlQGLJHQ(QWQDKPHGUHKHQ6LHGLH6KDOH<br />
9RUGHUVHLWHDXI5 NVHLWH<strong>DE</strong><br />
(QWIHUQHQGHU*ODV<strong>DE</strong>GHNXQJGHU6KDOH<br />
‡ 'HQ5DKPHQYRUQHPDQKHEHQXQGGDQQPLWGHUDQGHUHQ<br />
+DQGGHQ5DKPHQKLQWHQDQKHEHQXQGGLH$EGHNXQJ<br />
KHUDXV]LHKHQ<br />
(LQVHW]HQGHU*ODV<strong>DE</strong>GHNXQJ<br />
‡ 6HW]HQ6LH]XQlKVWGLH5DKPHQU NVHLWHLQGLH+DOWHUXQJHQ<br />
DQGHQ. KOVKUDQNZlQGHQHLQXQGVHQNHQ6LHGHQ5DKPHQ<br />
ZLHGHULQVHLQH3RVLWLRQ<strong>DE</strong><br />
7HPSHUDWXUUHJHOXQJLQGHU)OHLVKVKDOH<br />
‡ 'LH.DOWOXIWZLUG EHUHLQHgIIQXQJ]ZLVKHQ. KO<strong>DE</strong>WHLOXQG<br />
*HIULHU<strong>DE</strong>WHLOLQGLH)OHLVKODGHJHOHLWHW'DGXUKKHUUVKWLQ<br />
GLHVHUHLQHQLHGULJHUH7HPSHUDWXUDOVLP EULJHQ<br />
. KOVKUDQN6WHOOHQ6LHPLWGHP6KLHEHUHJOHUGLH<br />
JHZ QVKWH/XIWVWU|PXQJHLQ<br />
‡ 6ROOLQGHU)OHLVKVKDOH*HP VHHLQJHODJHUWZHUGHQLVWGHU<br />
5HJOHUJDQ]QDKOLQNVDXIGLH*HP VHSRVLWLRQ]XVKLHEHQ<br />
'LHVYHUKLQGHUW*HIULHUVKlGHQDP*HP VH<br />
‡ :HQQGLHVH)XQNWLRQDNWLYLHUWLVWPXVVVLKGHU6KLHEHUHJOHU<br />
GHU)OHLVKVKDOHLQGHU6WHOOXQJ´*HP VHµEHILQGHQ<br />
)HXKWLJNHLWVUHJOHUI U2EVWXQG*HP VHVKDOH<br />
‡ 'HU5HJOHUNDQQVWXIHQORVYRQQLHGULJ ELVKRK YHUVWHOOW<br />
ZHUGHQ<br />
‡ VRUJWI UQLHGULJH)HXKWLJNHLWLP%HKlOWHUXP2EVWRGHU<br />
*HP VHPLW6KDOHQEHVVHUDXI]XEHZDKUHQ<br />
‡ VRUJWI UKRKH)HXKWLJNHLWLP%HKlOWHUXP%ODWWJHP VH<br />
IULVK]XKDOWHQ<br />
(QWIHUQHQGHU.|UEHLP*HIULHUIDK<br />
‡ =LHKHQ6LHGHQ.RUEELV]XP$QVKODJKHUDXV<br />
‡ KHEHQ6LHGLH9RUGHUVHLWHDQXPGHQ.RUEDXVGHU+DOWHUXQJ<br />
]XO|VHQ<br />
‡ ]LHKHQ6LHGHQ.RUEYROOVWlQGLJKHUDXV
63733126D.fm Page 13 Tuesday, February 22, 2005 10:44 AM<br />
5(,1,*81*81'3)/(*(<br />
9RUMHGHU5HLQLJXQJVRGHU:DUWXQJVDUEHLWGHQ1HW]VWHNHU<br />
]LHKHQRGHUGLH6WURPYHUVRUJXQJXQWHUEUHKHQ<br />
. KOXQG*HIULHUUDXPUHJHOPl‰LJPLWHLQHP6KZDPPWXK<br />
XQGHLQHU/|VXQJDXVODXZDUPHP:DVVHUXQGHLQHPVSH]LILVK<br />
I UGLH5HLQLJXQJYRQ. KOVKUlQNHQJHHLJQHWHQQHXWUDOHQ<br />
5HLQLJXQJVPLWWHOVlXEHUQ9HUZHQGHQ6LHQLHPDOV6S ORGHU<br />
6KHXHUPLWWHO'LHHLQ]HOQHQ*HUlWHWHLOHQLHPDOVPLW<br />
EUHQQEDUHQ)O VVLJNHLWHQUHLQLJHQ'XUKGLHDXVVWU|PHQGHQ<br />
'lPSIHEHVWHKW%UDQGRGHU([SORVLRQVJHIDKU<br />
'DV*HUlWDX‰HQXQGGLH7 UGLKWXQJHQPLWHLQHPZHLKHQPLW<br />
:DVVHUEHIHXKWHWHQ7XKUHLQLJHQ<br />
‡ 9HUZHQGHQ6LHNHLQH'DPSIUHLQLJHU<br />
‡ (VZLUGHPSIRKOHQGHQ.RQGHQVDWRUPLWHLQHP6WDXEVDXJHU<br />
<strong>DE</strong>]XVDXJHQ=XPEHVVHUHQ=XJDQJ]XQlKVWGHQ)URQWVRNHO<br />
<strong>DE</strong>QHKPHQVLHKH,QVWDOODWLRQVDQZHLVXQJHQ<br />
+,1:(,6'LH6KOlXKHGHV. KOV\VWHPVYHUODXIHQLQGHU<br />
1lKHGHU$EWDXVKDOHXQGN|QQHQKHL‰ZHUGHQ5HLQLJHQ6LHGLH<br />
6KOlXKHUHJHOPl‰LJPLWHLQHP6WDXEVDXJHU<br />
=LHKHQ6LHVWHWVYRUGHP(UVHW]HQHLQHU*O KELUQHGHQ<br />
1HW]VWHNHU<br />
(QWIHUQHQGHU/DPSHQ<strong>DE</strong>GHNXQJLP. KOWHLO<br />
‡ 'UHKHQ6LHGLH+DOWHVKUDXEHGHU/DPSHQ<strong>DE</strong>GHNXQJKHUDXV<br />
‡ =LHKHQ6LHGLH$EGHNXQJQDKXQWHQXQG]XP<br />
. KOWHLOLQQHUHQKLQKHUDXV<br />
‡ (UVHW]HQ6LHGLH%LUQHGXUKHLQHQHXH(UVDW]ELUQHQVLQGQXU<br />
EHLXQVHUHQ6HUYLHVWHOOHQHUKlOWOLK6HUYLHVWHOOH<br />
‡ %ULQJHQ6LHGLH/DPSHQ<strong>DE</strong>GHNXQJLQXPJHNHKUWHU<br />
5HLKHQIROJHZLHGHUDQ<br />
$XVZHKVHOQGHUREHUHQ*O KELUQHGHV*HIULHU<strong>DE</strong>WHLOV<br />
‡ 'LH$EGHNXQJVHLWOLKOHLKW]XVDPPHQGU NHQXQG<br />
KHUDXVQHKPHQ<br />
‡ :HKVHOQ6LHGLH/DPSHDXV9HUZHQGHQ6LHDXVVKOLH‰OLK<br />
/DPSHQGHVVHOEHQ7\SV(UVDW]ELUQHQVLQGEHLXQVHUHQ<br />
6HUYLHHQWHUQXQGDXWRULVLHUWHQ+lQGOHUQHUKlOWOLK<br />
‡ 6HW]HQ6LHGLH$EGHNXQJZLHGHUDXI<br />
$XVZHKVHOQGHUXQWHUHQ*O KELUQHYRQ. KOXQG<br />
*HIULHU<strong>DE</strong>WHLOQLKWEHLDOOHQ0RGHOOHQ<br />
‡ )DVVHQ6LHGLH/DPSHQ<strong>DE</strong>GHNXQJLPREHUHQ0LWWHOWHLOXQG<br />
HQWIHUQHQ6LHVLH<br />
‡ =LHKHQ6LHGLH/DPSHQ<strong>DE</strong>GHNXQJQDKYRUQHXQGGUHKHQ6LH<br />
VLHJOHLK]HLWLJOHLKW]XU6HLWH<br />
‡ (UVHW]HQ6LHGLHGXUKJHEUDQQWH%LUQHGXUKHLQHQHXH<br />
(UVDW]ELUQHQVLQGQXUEHLXQVHUHQ6HUYLHVWHOOHQRGHUEHLP<br />
DXWRULVLHUWHQ)DKKDQGHOHUKlOWOLK<br />
:LHGHUDQEULQJHQGHU/DPSHQ<strong>DE</strong>GHNXQJ<br />
‡ )DVVHQ6LHGHQREHUHQ0LWWHOWHLOGHU/DPSHQ<strong>DE</strong>GHNXQJ<br />
‡ I KUHQ6LHGLH/DVKHQDXIHLQHU6HLWHGHU$EGHNXQJLQGLH<br />
HQWVSUHKHQGHQ$XVVSDUXQJHQHLQ<br />
‡ ELHJHQ6LHGLH$EGHNXQJVDQIWLQGHU0LWWHGDPLW6LHDXKGLH<br />
/DVKHQDXIGHUDQGHUHQ6HLWHHLQI KUHQN|QQHQ
63733126D.fm Page 14 Tuesday, February 22, 2005 10:44 AM<br />
9256,&+760$‰1$+0(1%(,/b1*(5(5<br />
$%:(6(1+(,7<br />
.XU]H$EZHVHQKHLW<br />
%HL$EZHVHQKHLWYRQZHQLJHUDOVGUHL:RKHQEUDXKWGDV<br />
*HUlWQLKWYRP6WURPQHW]JHWUHQQW]XZHUGHQ.RQVXPLHUHQ<br />
6LHDOOHYHUGHUEOLKHQ/HEHQVPLWWHOXQGIULHUHQ6LHGLHDQGHUHQ<br />
HLQ<br />
/lQJHUH$EZHVHQKHLW<br />
%HL$EZHVHQKHLWYRQGUHL:RKHQRGHUPHKUDOOH/HEHQVPLWWHO<br />
DXVGHQ5lXPHQHQWQHKPHQ'HQ1HW]VWHNHU]LHKHQGLH<br />
,QQHQUlXPHUHLQLJHQPLWNODUHP:DVVHUQDKZLVKHQXQG<br />
JU QGOLKWURNHQUHLEHQ$QEHLGHQ7 UHQREHQHLQHQ+RO]<br />
RGHU.XQVWVWRIINHLOPLW.OHEHVWUHLIHQEHIHVWLJHQGDPLWGLH<br />
7 UHQRIIHQEOHLEHQXQGI UHLQHDXVUHLKHQGH/XIW]LUNXODWLRQLQ<br />
EHLGHQ5lXPHQJHVRUJWLVW'DGXUKZLUGGLH%LOGXQJYRQ<br />
6KLPPHORGHUXQDQJHQHKPHQ*HU KHQYHUPLHGHQ<br />
7UDQVSRUW<br />
‡ $OOHEHZHJOLKHQ*HUlWHWHLOHKHUDXVQHKPHQJXWYHUSDNHQ<br />
XQGPLW.OHEHEDQG]XVDPPHQKDOWHQGDPLWVLHQLKWYHUORUHQ<br />
JHKHQRGHUJHJHQHLQDQGHUVKODJHQ<br />
‡ =LHKHQ6LHGLH1LYHOOLHUVKUDXEHQDXIGHU)URQWVHLWHDQ<br />
‡ %HLGH7 UHQVKOLH‰HQPLW.OHEHEDQGYHUVLHJHOQXQGGDV<br />
6WURPN<strong>DE</strong>HOHEHQIDOOVDP*HUlWDQNOHEHQ<br />
6WURPDXVIDOO<br />
(UNXQGLJHQ6LHVLKEHL6WURPDXVIDOOEHLGHU2UWVQLHGHUODVVXQJ<br />
GHV6WURPOLHIHUDQWHQZLHODQJHGLH8QWHUEUHKXQJ<br />
YRUDXVVLKWOLKGDXHUQZLUG<br />
%HL6WURPDXVIDOOYRQ6WXQGHQRGHUZHQLJHUKDOWHQ6LH<br />
EHLGH7 UHQJXWJHVKORVVHQ$XIGLHVH:HLVHEOHLEHQGLH<br />
HLQJHODJHUWHQ/HEHQVPLWWHOVRODQJZLHP|JOLKN KO<br />
'DXHUWGLH6W|UXQJOlQJHUDOV6WXQGHQQHKPHQ6LHGDV<br />
*HIULHUJXWKHUDXVXQGODJHUQHVLQHLQHU<strong>DE</strong>VKOLH‰EDUHQ<br />
&DPSLQJ*HIULHUER[6WHKWNHLQH&DPSLQJ*HIULHUER[RGHU<br />
NHLQ7URNHQHLV]XU9HUI JXQJVROOWHQ6LHOHLKWYHUGHUEOLKH<br />
/HEHQVPLWWHO]XHUVWYHUZHUWHQ<br />
%HU NVLKWLJHQ6LHGDVVHLQYROOHU*HIULHUUDXPOlQJHUNDOW<br />
EOHLEWDOVHLQQXU]XU+lOIWHJHI OOWHU5DXP<br />
(QWOHHUHQ6LHGHQ(LVEHKlOWHU<br />
$X‰HUGHPEOHLEWHLQPLWJHIURUHQHP)OHLVKJHI OOWHU<br />
*HIULHUUDXPOlQJHUNDOWDOVHLQHUPLWYRUJHNRKWHQ6SHLVHQ<br />
/HEHQVPLWWHODXIGHQHQVLKDXKQDKGHP6WURPDXVIDOO<br />
QRK(LVNULVWDOOHEHILQGHQN|QQHQRKQH5LVLNRZLHGHU<br />
HLQJHIURUHQZHUGHQP|JOLKHUZHLVHlQGHUQVLKMHGRK<br />
*HVKPDNXQG)DUEH:HQQGLH/HEHQVPLWWHOQLKWPHKULQ<br />
2UGQXQJVKHLQHQG UIHQVLHQLKWPHKUYHU]HKUWZHUGHQ
63733126D.fm Page 15 Tuesday, February 22, 2005 10:44 AM<br />
67g581*:$6781".81'(1',(167<br />
%HYRU6LHGHQ.XQGHQGLHQVWUXIHQ<br />
%HWULHEVVW|UXQJHQK<strong>DE</strong>HQLQGHQPHLVWHQ)lOOHQ<br />
XQEHGHXWHQGH8UVDKHQXQGN|QQHQVHOEVW<br />
HUPLWWHOWXQGRKQH:HUN]HXJEHKREHQZHUGHQ<br />
'DV*HUlWIXQNWLRQLHUWQLKW<br />
‡ ,VWGDV6WURPN<strong>DE</strong>HODQHLQHPLW6WURPYHUVRUJWH<br />
6WHNGRVHPLWGHUULKWLJHQ6SDQQXQJ<br />
DQJHVKORVVHQ"<br />
‡ 6LQGGLH6LKHUXQJHQLQ,KUHU:RKQXQJLQ2UGQXQJ"<br />
%HL*HUlXVKHQRGHU9LEUDWLRQHQ<br />
'LHPHLVWHQ*HUlXVKHVLQGGXUKDXVQRUPDO+DUWH<br />
2EHUIOlKHQZLH)X‰E|GHQ:lQGHXQG6KUlQNH<br />
ODVVHQ*HUlXVKHODXWHUHUVKHLQHQ+LHUILQGHQ6LH<br />
HLQ9HU]HLKQLVPLWGHQDPKlXILJVWHQDXIWUHWHQGHQ<br />
*HUlXVKHQXQGLKUHQ8UVDKHQ<br />
‡ /HLKWHV%UXPPHQ<br />
(VN|QQWHVLKXPGHQ/ IWHUXQGGLH<br />
/XIW]LUNXODWLRQKDQGHOQ<br />
‡ .OLNHQ<br />
%HLP(LQXQG$EVKDOWHQGHV.RPSUHVVRUVLVWZLH<br />
DXKZHQQHLQ$EWDX]\NOXVEHJLQQWXQGHQGHWX8<br />
HLQ.OLNHQ]XK|UHQ'LHVLVWY|OOLJQRUPDO<br />
:DVVHULQGHU$EWDXVKDOH<br />
‡ 'DVLVWEHLIHXKWZDUPHP:HWWHUQRUPDO'LH<br />
6KDOHNDQQVLKVRJDUELV]XU+lOIWHI OOHQ<br />
9HUJHZLVVHUQ6LHVLKGDVVGDV*HUlWWDWVlKOLK<br />
HEHQIOlKLJVWHKWVRGDVVNHLQ:DVVHUDXVGHU<br />
6KDOH EHUODXIHQNDQQ<br />
'LH.DQWHQGHV*HUlWHVKUDQNVGLHPLWGHU<br />
7 UGLKWXQJLQ%HU KUXQJNRPPHQI KOHQ<br />
VLKZDUPDQ<br />
‡ 'LHVLVWEHLZDUPHP:HWWHUXQGODXIHQGHP<br />
.RPSUHVVRUQRUPDO<br />
'LH,QQHQEHOHXKWXQJIXQNWLRQLHUWQLKW<br />
‡ 6LQGGLH6LKHUXQJHQLQ,KUHU:RKQXQJLQ<br />
2UGQXQJ"<br />
‡ ,VWGDV6WURPN<strong>DE</strong>HODQHLQHPLW6WURPYHUVRUJWH<br />
6WHNGRVHPLWGHUULKWLJHQ6SDQQXQJ<br />
DQJHVKORVVHQ"<br />
‡ ,VWGLH/DPSHGXUKJHEUDQQW"<br />
'LH/DPSHLVWGXUKJHEUDQQW<br />
9RUMHGHP(LQJULIIGHQ1HW]VWHNHU]LHKHQ<br />
6LHKH$EVKQLWW´:DUWXQJXQG5HLQLJXQJµ<br />
'HU.RPSUHVVRUOlXIW]XKlXILJ<br />
‡ ,VWGHU.RQGHQVDWRUIUHLYRQ6WDXEXQG)XVVHOQ"<br />
‡ 6KOLH‰HQGLH7 UHQNRUUHNW"<br />
‡ 6LQGGLH7 UGLKWXQJHQHLQZDQGIUHLGLKW"<br />
‡ %HLZDUPHP:HWWHURGHULQEHKHL]WHQ5lXPHQ<br />
LVWHVQRUPDOGDVVGHU0RWRUOlQJHUOlXIW<br />
:HQQGLH7 UOlQJHURIIHQEOHLEWRGHUJU|‰HUH<br />
0HQJHQ/HEHQVPLWWHOHLQJHODJHUWZXUGHQLVWHV<br />
QRUPDOGDVVGHU0RWRUOlQJHUDUEHLWHQPXVVXPGLH<br />
7HPSHUDWXULP,QQHQUDXPHQWVSUHKHQG<strong>DE</strong>]XN KOHQ<br />
%LWWHEHDKWHQ<br />
'LH/DXI]HLWGHV.RPSUHVVRUVKlQJWYRQ<br />
YHUVKLHGHQHQ8PVWlQGHQ<strong>DE</strong>+lXILJNHLWGHV<br />
7 U|IIQXQJHQHLQJHODJHUWH/HEHQVPLWWHOPHQJH<br />
5DXPWHPSHUDWXU(LQVWHOOXQJGHU<br />
7HPSHUDWXUUHJOHU<br />
$UEHLWHWGDV*HUlWWURW]YRUJHQDQQWHU.RQWUROOHQ<br />
ZHLWHUKLQQLKWNRUUHNWVHW]HQ6LHVLKELWWHPLWGHP<br />
.XQGHQGLHQVWLQ9HUELQGXQJ(UNOlUHQ6LHGLH$UWGHU<br />
%HWULHEVVW|UXQJXQGJHEHQ6LH0RGHOOXQG<br />
6HULHQQXPPHUGHV*HUlWHVVLHKH7\SHQVKLOGDQ<br />
'LH7HPSHUDWXULP*HUlWLVW]XKRK<br />
‡ 6LQGGLH. KOVKUDQNUHJOHUULKWLJHLQJHVWHOOW"<br />
‡ :XUGHQJU|‰HUH/HEHQVPLWWHOPHQJHQLP. KO<br />
RGHU*HIULHUUDXPHLQJHODJHUW"<br />
‡ 9HUPHLGHQ6LHHLQ]XKlXILJHVgIIQHQGHU7 UHQ<br />
‡ 6WHOOHQ6LHVLKHUGDVVGLH7 UHQHLQZDQGIUHL<br />
VKOLH‰HQ<br />
‡ 6LQGGLH%HO IWXQJV|IIQXQJHQLP,QQHQUDXP<br />
YHUGHNW":HQQMDNDQQNHLQHNDOWH/XIW<br />
]LUNXOLHUHQ<br />
)HXKWLJNHLWVELOGXQJ<br />
‡ 6WHOOHQ6LHVLKHUGDVVGLH%HO IWXQJV|IIQXQJHQ<br />
LP$EWHLOQLKWYHUGHNWVLQGVRQVWNDQQGLHNDOWH<br />
/XIWQLKW]LUNXOLHUHQ<br />
‡ 6WHOOHQ6LHVLKHUGDVVGLHHLQJHODJHUWHQ<br />
/HEHQVPLWWHOULKWLJYHUSDNWVLQG)HXKWH<br />
%HKlOWHUYRUGHP(LQODJHUQWURNHQUHLEHQ<br />
‡ 9HUPHLGHQ6LHHLQ]XKlXILJHVgIIQHQGHU7 UHQ<br />
%HLMHGHPgIIQHQGHU7 UJHODQJWIHXKWH<br />
$X‰HQOXIWLQGDV*HUlW-HKlXILJHUGLH7 U<br />
JH|IIQHWZLUGGHVWRVKQHOOHUELOGHWVLK<br />
)HXKWLJNHLWLP,QQHUHQEHVRQGHUVGDQQZHQQ<br />
GLH5DXPOXIWVHOEVWVHKUIHXKWLVW<br />
‡ ,QVHKUIHXKWHQ5lXPHQLVWGLH<br />
)HXKWLJNHLWVELOGXQJLP*HUlWGXUKDXVQRUPDO<br />
‡ 1DKGHP6HOEVW<strong>DE</strong>WDXHQGHV*HUlWVLVWGLH<br />
%LOGXQJYRQ:DVVHUWURSIHQDQGHU5 NZDQG<br />
QRUPDO<br />
'LH7 UHQODVVHQVLKQLKWNRUUHNW|IIQHQ<br />
RGHUVKOLH‰HQ<br />
‡ 6WHOOHQ6LHVLKHUGDVVNHLQH<br />
/HEHQVPLWWHOSDNXQJHQGLH7 UEORNLHUHQ<br />
‡ 6WHOOHQ6LHVLKHUGDVVGLH$EODJHQ6KDOHQRGHU<br />
GHU(LVDXWRPDWULKWLJSRVLWLRQLHUWVLQG<br />
‡ 6WHOOHQ6LHVLKHUGDVVGLH7 UGLKWXQJHQQLKW<br />
YHUVKPXW]WRGHUNOHEULJVLQG<br />
‡ 6WHOOHQ6LHVLKHUGDVVGDV*HUlWHEHQVWHKW
Change language