NODQWHQRQGHUVWHXQLQJ
+3 LQVWDQW VXSSRUW
WHOHIRRQ
ZHEVLWHV
.ODQWHQRQGHUVWHXQLQJ +3
NOHSSHQ
IRXWEHUL.KWHQ
SODDWVHQ
NOHXU SUREOHPHQ RSORVVHQ
NQLSSHUHQGH OL.KWMHV
NQRS $DQXLW
NQRSSHQ /&' EHGLHQLQJVSDQHHO
NRUWH ]LMGH DIGUXNRSWLHV
NZDOLWHLW
LQVWHOOLQJHQ
VSH.LIL.DWLHV
/
ODGH
.DSD.LWHLW
.RQILJXUHUHQ YDQ GH LQVWHOOLQJ ³6HOH.WHHU
GXEEHO]LMGLJ DIGUXNNHQ YDQ
HQYHORSSHQ DIGUXNNHQ
IRXWEHUL.KWHQ
LQVWDOOHUHQ
PHGLD ZLMNW DI
RQGHUVWHXQGH PHGLD
RQMXLVW PHGLDW\SH RI IRUPDDW
SDSLHU ODGHQ
SDSLHULQYRHU WHVWHQ
SODDWVHQ
SUREOHPHQ RSORVVHQ
VHOH.WHUHQ
VSH.LDOH PHGLD ODGHQ
VWRULQJHQ
WUDQVSDUDQWHQ DIGUXNNHQ
ODGH
.DSD.LWHLW
.RQILJXUHUHQ YDQ GH LQVWHOOLQJ ³6HOH.WHHU
GXEEHO]LMGLJ DIGUXNNHQ YDQ
IRXWEHUL.KWHQ
LQVWDOOHUHQ
PHGLD ZLMNW DI
RQGHUVWHXQGH PHGLD
RQMXLVW PHGLDW\SH RI IRUPDDW
SDSLHU ODGHQ
SODDWVHQ
SUREOHPHQ RSORVVHQ
VHOH.WHUHQ
VWRULQJHQ
WHVWHQ
1/::
DQGHUH ODGH LQGLHQ OHHJ´
DQGHUH ODGH LQGLHQ OHHJ´
ODGHV
.DSD.LWHLWHQ
.RQILJXUHUHQ YDQ GH LQVWHOOLQJ ³6HOH.WHHU
DQGHUH ODGH LQGLHQ OHHJ´
GXEEHO]LMGLJ DIGUXNNHQ YDQ
HQYHORSSHQ DIGUXNNHQ
IRXWEHUL.KWHQ
LQVWDOOHUHQ
PHGLD ZLMNW DI
RQGHUVWHXQGH PHGLD
SDSLHU ODGHQ
SODDWVHQ
SUREOHPHQ RSORVVHQ
VHOH.WHUHQ
VSH.LDOH PHGLD ODGHQ
VWRULQJHQ
WHVWHQ
WUDQVSDUDQWHQ DIGUXNNHQ
ODQJH PHGLD XLWEUHLGHQ ODGHV
ODQJH ]LMGH DIGUXNRSWLHV
/DVHU-HW SURJUDPPD 0D. 26
/DVHU:ULWHU GULYHU 0D. 26
/&' EHGLHQLQJVSDQHHO
$IGUXNPHQX
EHUL.KWHQ
&RQILJXUDWLHPHQX
(,2PHQX
+HUVWHOPHQX
,20HQX
,QIRUPDWLHPHQX
LQVWHOOLQJHQ YRRU
D.KWHUJURQGYHUOL.KWLQJ
NQRSSHQ
OL.KWMHV
0HQX 3DSLHUYHUZHUNLQJ
PHQXRYHU]L.KW DIGUXNNHQ
2QGHUKRXGVPHQX
WDDO ZLM]LJHQ
OHJH SDJLQD¶V
OHQJWH SDJLQD
LQVWHOOLQJHQ
XLWEUHLGHQ ODGHV
OHWWHUW\SHQ
OLMVWHQ DIGUXNNHQ
3&/ LQVWHOOLQJHQ
SUREOHPHQ RSORVVHQ
VSH.LIL.DWLHV
:LQGRZV
OL.KWMHV /&' EHGLHQLQJVSDQHHO
OLJJHQG
/LQX[
LQVWHOOLQJHQ ZLM]LJHQ
RQGHUVWHXQLQJ
,5