Instruktionsbok KONICA MINOLTA DI3510

Lastmanuals erbjuder en användarunderstödd plattform för att dela, lagra och söka manualer för hård- och mjukvara: instruktionsböcker, bruksanvisningar, snabbstarter, datablad... Glöm inte: läs alltid instruktionsboken innan du köper något!

Om det här dokumentet innehåller det du söker kan du ladda ner det direkt. Lastmanuals erbjuder dig snabb och enkel tillgång till KONICA MINOLTA DI3510 instruktionsboken Vi hoppas att den här KONICA MINOLTA DI3510 manualen blir till nytta för dig

Hjälp med att ladda ner manualen för KONICA MINOLTA DI3510


Mode d'emploi KONICA MINOLTA DI3510
Download

De här bruksanvisningarna kanske också kan vara intressanta:

   KONICA MINOLTA DI3510 (2278 ko)
   KONICA MINOLTA DI3510 annexe 4 (2036 ko)
   KONICA MINOLTA DI3510 annexe 5 (4524 ko)
   KONICA MINOLTA DI3510 annexe 3 (277 ko)
   KONICA MINOLTA DI3510 annexe 1 (4548 ko)
   KONICA MINOLTA DI3510 annexe 2 (268 ko)
   KONICA MINOLTA DI3510 PI3505E ADVANCED INFORMATION (3751 ko)
   KONICA MINOLTA DI3510 SU-3 IP SCANNER OPERATOR MANUAL (667 ko)
   KONICA MINOLTA DI3510 SU-3 NETWORK FAX OPERATOR MANUAL (3602 ko)
   KONICA MINOLTA DI3510 PI3505E OPERATOR MANUAL VERSION 2 (5178 ko)
   KONICA MINOLTA DI3510 PI3505E SCANNER MODE OPERATOR MANUAL (5226 ko)
   KONICA MINOLTA DI3510 SU-2/3 PAGESCOPE ADVANCED INFORMATION (2919 ko)
   KONICA MINOLTA DI3510 PI3505E PAGESCOPE LIGHT OPERATOR MANUAL VERSION 2 (3216 ko)
   KONICA MINOLTA DI3510 SU-2/3 PAGESCOPE LIGHT & SCANNER MODE OPERATOR MANUAL (1578 ko)
   KONICA MINOLTA DI3510 DI2510/DI3010/ ADVANCED INFORMATION PHASE 1 & PHASE 2 (8401 ko)
   KONICA MINOLTA DI3510 IT SECURITY CERTIFICATE (ISO 15408, ETC.) FOR , F SERIES (579 ko)

Utdrag ur manual: manual KONICA MINOLTA DI3510

Detaljerade användarinstruktioner finns i bruksanvisningen

[. . . ] Användarhandbok Di2510/Di3010/Di3510 www. minoltaeurope. com The essentials of imaging , QQHKnOOVI|UWHFNQLQJ , QWURGXNWLRQ 9L YLOO DWW GX VND YDUD HQ Q|MG NXQG )|UNODULQJ DY DQYlQGDUKDQGERNHQV XWIRUPQLQJ , QVWUXNWLRQVERNHQ ± 7U\FNW RFK GLJLWDO , QVWUXNWLRQVERN WU\FNW YHUVLRQ 8W|NDG LQVWUXNWLRQVERN GLJLWDO YHUVLRQ Sn &'5 )|UNODULQJ DY JUXQGOlJJDQGH EHJUHSS RFK V\PEROHU 3DSSHUVPDWQLQJ %UHGG RFK OlQJG /lQJVJnHQGH 7YlUJnHQGH 6WnHQGH RFK OLJJDQGH IRUPDW 'LVSOD\LNRQHU , NRQHU I|U SDSSHUVSnI\OOQLQJ (QHUJ\ 6WDU 9DG PHQDV PHG HQ (1(5*< 67$5SURGXNW" 9DUXPlUNHQ RFK UHJLVWUHUDGH YDUXPlUNHQ . RPSRQHQWHU RFK GHUDV IXQNWLRQHU 'HODUQDV QDPQ RFK IXQNWLRQHU . RSLDWRU 7LOOYDO 6lNHUKHW 9DUQLQJV RFK I|UVLNWLJKHWVV\PEROHU 6\PEROHUQDV LQQHE|UG 9$51, 1* )g56, . 7, *7 )|UVLNWLJKHWVnWJlUGHU YLG QRUPDO DQYlQGQLQJ $QYlQGDULQVWUXNWLRQHU &(PlUNQLQJ |YHUHQVVWlPPHOVH PHG NUDY RFK I|UHVNULIWHU 'L'L'L /DVHUVlNHUKHW , QYlQGLJ ODVHUVWUnOQLQJ &'5+ 5HJXODWLRQ )|U HXURSHLVND DQYlQGDUH )|U GDQVND DQYlQGDUH )|U ILQVND RFK VYHQVND DQYlQGDUH )|U QRUVND DQYlQGDUH /DVHUVlNHUKHW 2]RQXWVOlSS $NXVWLVNW OMXG )|UVLNWLJKHWVnWJlUGHU YLG LQVWDOODWLRQHQ , QVWDOODWLRQVSODWV 6WU|PI|UV|UMQLQJ 8WU\PPHVNUDY $WW WlQND Sn YLG DQYlQGDQGHW 'ULIWPLOM| . RUUHNW DQYlQGQLQJ )O\WWD NRSLDWRUQ +DQWHULQJ DY I|UEUXNQLQJVPDWHULDO )|UYDULQJ DY NRSLRU /DJVWLIWQLQJ DQJnHQGH NRSLHULQJ &' 7LOOJlQJOLJD IXQNWLRQHU , QQDQ GX NRSLHUDU . RQWUROOSDQHOHQV GHODU QDPQ RFK IXQNWLRQHU . RQWUROO DY LQVWlOOQLQJDUQD &' $QYlQGDUHQV nWNRPVWnWJlUGHU &' )|UVWRUD SHNVNlUPHQV ELOG &' . RSSOD Sn RFK VWlQJD DY NRSLDWRUQ 6On Sn NRSLDWRUQ 1lU NRSLDWRUQ NRSSODV Sn 6WlQJD DY NRSLDWRUQ 1lU NRSLDWRUQ VWlQJV DY $XWRPDWLVN SDQHOnWHUVWlOOQLQJ (QHUJLVSDUOlJH 9LOROlJH -XVWHULQJ DY NRQWUROOSDQHOHQV YLQNOLQJ &' 'L'L'L $QYlQGD SHNVNlUPHQ %HVNULYQLQJ DY SHNVNlUPHQ *UXQGLQVWlOOQLQJDU 3HNVNlUPHQV DQYlQGQLQJ %HVNULYQLQJ DY VNlUPELOGHUQD 6NlUPELOGHQ 8WVNULIWVOLVWD -RE /LVW &' +lPWD IUnQ PLQQHW &' )XQNWLRQHU I|U VWDQGDUGNRSLHULQJ 6WDQGDUGNRSLHULQJ 6WRSSD NRSLHULQJ )|U DWW VWRSSDVWDUWD RPUDGHUD HQ NRSLHULQJ $YEU\WD HQ NRSLHULQJ &' . RSLHUD PRW NRQWR &' &' &' &' ([WUDIXQNWLRQHU $QYlQGDUIXQNWLRQHU +XYXGRSHUDW|UVIXQNWLRQHU . RSLHULQJVSDSSHU 3DSSHUVVSHFLILNDWLRQHU 3DSSHUVW\SHU 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 2OlPSOLJW SDSSHU 8WVNULIWVRPUnGH 3DSSHUVI|UYDULQJ $XWRPDWLVNW YDO DY SDSSHUVNlOOD &' 3nI\OOQLQJ DY SDSSHU )\OOD Sn SDSSHU L SDSSHUVNDVVHWWHUQD RFK )\OOD Sn SDSSHU L VWRUNDVVHWWHQ 3nI\OOQLQJ DY SDSSHU L PXOWLLQPDWQLQJVERUGHW )\OOD Sn YDQOLJW SDSSHU )\OOD Sn Y\NRUW &' )\OOD Sn NXYHUW &' )|U DWW I\OOD Sn 2+DUN &' 'L'L'L )\OOD Sn HWLNHWWHU )|U DWW VWlOOD LQ HWW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW )|U DWW ODJUD HWW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW )|U DWW YlOMD HWW ODJUDW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW &' &' &' &' 9DO DY SDSSHUVLQVWlOOQLQJ &' 2ULJLQDOGRNXPHQW 0DWD GRNXPHQW $QYlQGD GXSOH[GRNXPHQWPDWDUH 'RNXPHQWW\SHU 'RNXPHQW PHG VDPPD IRUPDW )XQNWLRQHQ $YNlQQLQJ ROLND RULJ &' 'RNXPHQWIRUPDW PHG ROLND EUHGG &' )|UVLNWLJKHWVnWJlUGHU I|U GRNXPHQW 0DWD LQ GRNXPHQW JHQRP GXSOH[GRNXPHQWPDWDUHQ /DGGD GRNXPHQWHW /DGGD GRNXPHQW DY ROLND IRUPDW IXQNWLRQHQ $YNlQQLQJ ROLND RULJ &' 3ODFHUD GRNXPHQW Sn H[SRQHULQJVERUGHW 3ODFHUD DUN 3ODFHUD WUDQVSDUHQWD HOOHU JHQRPVNLQOLJD GRNXPHQW Sn H[SRQHULQJVERUGHW 3ODFHUD E|FNHU HOOHU WLGVNULIWHU Sn H[SRQHULQJVERUGHW /DGGD GRNXPHQW I|U VSHFLILND IXQNWLRQHU &' 6WRUD GRNXPHQW &' $QJH NRSLHULQJVLQVWlOOQLQJDU $QJH HIWHUEHKDQGOLQJVLQVWlOOQLQJDU 7LOOJlQJOLJD HIWHUEHKDQGOLQJVLQVWlOOQLQJDU $QPlUNQLQJDU I|U DQYlQGQLQJ DY LQVWlOOQLQJDUQD 6RUW RFK *UXSS 9l[HOYLV VRUWHULQJ . RUV RFK WYlUVVRUWHULQJ 9l[HOYLV JUXSSHULQJ . RUV RFK WYlUVJUXSSHULQJ $WW NRSLHUD PHG HQ KlIWLQVWlOOQLQJ $WW NRSLHUD PHG IXQNWLRQHQ +nOVODJ $WW NRSLHUD RFK DQYlQGD LQVWlOOQLQJHQ 9LND &' $QPlUNQLQJDU DQJnHQGH KlIWSRVLWLRQHQ &' 'L'L'L $QPlUNQLQJDU DQJnHQGH DQWDO P|MOLJD KlIWDGH XSSVlWWQLQJDU $QPlUNQLQJDU DQJnHQGH KnOVODJVSRVLWLRQHQ &' $QJH ]RRPLQVWlOOQLQJ 9lOMD ]RRPLQVWlOOQLQJ 6WlOOD LQ $QSDVVDG ]RRP &' /DJUD $QSDVVDG ]RRP RFK 0LQLPDO ]RRP &' 7D IUDP HQ ODJUDG DQSDVVDG ]RRP &' $QJH ROLND YHUWLNDOD RFK KRULVRQWDOD JUDGHULQJVSURSRUWLRQHU LQVWlOOQLQJHQ ;<]RRP &' 9lOMD RULJ ! [. . . ] NRSLHULQJVLQVWlOOQLQJDU´ Sn VLGD 'L'L'L H H )XQNWLRQHU I|U VWDQGDUGNRSLHULQJ )|U DWW lQGUD NRSLDQV GHQVLWHW WU\FN Sn >'(16, 7(7@ )|U GHWDOMHU KlQYLVDU YL WLOO ³$QJH NRSLHGHQVLWHW´ Sn VLGD )|U DWW WD ERUW HQ PDUJLQDO Sn NRSLDQ I|U DWW LQWHUIROLHUD Sn 2+ XQGHU NRSLHULQJ HOOHU I|U DWW DQYlQGD DQQDQ VSHFLHOO IXQNWLRQ WU\FN Sn >(;75$@ )|U GHWDOMHU KlQYLVDU YL WLOO NDSLWOHW ³ ([WUDIXQNWLRQHU´ $QYlQG WDQJHQWHUQD I|U DWW DQJH |QVNDW DQWDO NRSLRU H H H 3n 'L NDQ XSS WLOO NRSLRU VNULYDV XW 3n 'L RFK 'L NDQ XSS WLOO NRSLRU VNULYDV XW )|U DWW lQGUD LQVWlOOQLQJ WU\FN Sn WDQJHQWHQ >&@ FOHDU RFK lQGUD LQVWlOOQLQJHQ (Q JUlQV I|U DQWDOHW NRSLRU NDQ DQJHV Sn VNlUPELOGHQ +XYXGRSHUDW|UVIXQNWLRQHQ I|U DQYlQGDUIXQNWLRQHUQD )|U GHWDOMHU KlQYLVDU YL WLOO NDSLWHO ³ +XYXGRSHUDW|UVIXQNWLRQHU´ 7U\FN Sn WDQJHQWHQ >67$57@ 1X J|UV GH Q\D NRSLRUQD 'L'L'L )XQNWLRQHU I|U VWDQGDUGNRSLHULQJ 6WRSSD NRSLHULQJ )|OM WLOOYlJDJnQJVVlWWHW QHGDQ I|U DWW DYEU\WD NRSLHULQJHQ )|U DWW VWRSSDVWDUWD RPUDGHUD HQ NRSLHULQJ 7U\FN Sn WDQJHQWHQ >67233@ PHGDQ MREEHW VNULYV XW . RSLHULQJHQ DYEU\WV 0HGGHODQGHW ³. RSLHULQJVF\NHOQ lU WHPSRUlUW DYEUXWHQ´ YLVDV Sn WDQJHQWHQ >67$57@ . RSLHULQJHQ IRUWVlWWHU )|U DWW IRUWVlWWD NRSLHULQJHQ WU\FN )|U DWW UDGHUD GHQ DYEUXWQD -REEHW KDU UDGHUDWV NRSLHULQJHQ YlOMHU PDQ NQDSSHQ I|U GHW MREE PDQ YLOO UDGHUD 7U\FN Sn >$96/87@ 'L'L'L $YEU\WD HQ NRSLHULQJ )XQNWLRQHU I|U VWDQGDUGNRSLHULQJ (Q SnJnHQGH NRSLHULQJ NDQ SDXVDV Vn DWW HQ NRSLD DY HWW DQQDW GRNXPHQW NDQ J|UDV 'HWWD lU EHNYlPW RP GX VQDEEW YLOO NRSLHUD HWW OLWHW GRNXPHQW VDPWLGLJW VRP HWW VWRUW MREE NRSLHUDV )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ . RSLHUD PRW NRQWR $QWDOHW WLOOnWQD NRSLRU I|U YDUMH HQVNLOW NRQWR NDQ EHJUlQVDV )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L ([WUDIXQNWLRQHU ([WUDIXQNWLRQHU 'HWWD NDSLWHO LQQHKnOOHU EHVNULYQLQJDU I|U KXU PDQ J|U NRSLRU PHG KMlOS DY H[WUDIXQNWLRQHUQD )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L ([WUDIXQNWLRQHU 'L'L'L $QYlQGDUIXQNWLRQHU $QYlQGDUIXQNWLRQHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QYlQGDUIXQNWLRQHU 'L'L'L +XYXGRSHUDW|UVIXQNWLRQHU +XYXGRSHUDW|UVIXQNWLRQHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L +XYXGRSHUDW|UVIXQNWLRQHU 'L'L'L . RSLHULQJVSDSSHU . RSLHULQJVSDSSHU 3DSSHUVVSHFLILNDWLRQHU $QYlQG SDSSHU PHG I|OMDQGH VSHFLILNDWLRQHU 3DSSHUVW\SHU cWHUYXQQHW SDSSHU JP 2 2 2 2 2 2 2 9DQOLJW SDSSHU 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHW 'XEEHOVLGLJD NRSLRU JP 2 2 2 2 2 2 2 6SHFLDODUN JP 2 ² ² ² ² ² ² 9\NRUW 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 'XEEHOVLGLJD NRSLRU 2 ² ² ² ² ² ² 2+ILOP 2 ² ² ² ² ² ² (WLNHWWDUN 2 ² ² ² ² ² ² . XYHUW 2 ² ² ² ² ² ² /&& 6WRUNDVVHWW 2 7LOOJlQJOLJ ² (M WLOOJlQJOLJ 'L'L'L 3DSSHUVIRUPDW (M VWDQGDUGIRUPDWSDSSHU 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUHWV EUHGG PP WLOO PP ² ² ² ² ² . RSLHULQJVSDSSHU 3DSSHUHWV OlQJG PP WLOO PP ² ² ² ² ² /&& 6WRUNDVVHWW ² (M WLOOJlQJOLJ 6WDQGDUGIRUPDWSDSSHU 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 'XEEHOVLGLJD NRSLRU 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 'XEEHOVLGLJD NRSLRU $ / 2 2 2 ² 2 2 2 % / 2 2 2 ² 2 2 2 $ / 2 2 2 ² 2 2 2 % / 2 ² ² ² ² ² 2 $ & % / 2 2 2 2 2 2 2 2 2 2 ² 2 2 2 % & $ / 2 2 2 ² 2 2 2 2 2 2 ² 2 2 2 $ & 2 ² ² ² ² ² ² . XYHUW 2 ² ² ² ² ² ² /&& 6WRUNDVVHWW 2 7LOOJlQJOLJ ² (M WLOOJlQJOLJ 'L'L'L . RSLHULQJVSDSSHU 3DSSHUVNDSDFLWHW 3DSSHUVW\S 9DQOLJW SDSSHU JP DUN DUN DUN DUN DUN DUN 6SHFLDODUN 6SHFLDODUN VW ² ² ² ² ² 9\NRUW VW ² ² ² ² ² (WLNHWWDUN VW ² ² ² ² ² . XYHUW VW ² ² ² ² ² cWHUYXQQHW SDSSHU 6SHFLDODUN JP DUN ² ² ² ² ² 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVW\S 3DSSHUVNlOOD 0DQXHOOW LQPDWQLQJVERUG 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW /&& 3DSSHUVNDVVHWW 3DSSHUVNDVVHWW JP DUN DUN DUN DUN DUN DUN /&& 6WRUNDVVHWW ² (M WLOOJlQJOLJ 2EVHUYHUD (Q H SDSSHUVNDVVHWW QRUPDO HOOHU VWRUNDVVHWW VDPW HQ H RFK HQ H SDSSHUVNDVVHWW lU H[WUD WLOOEHK|U 2P GXSOH[HQKHWHQ DQYlQGV I|U DWW J|UD GXEEHOVLGLJD NRSLRU NDQ YDQOLJW SDSSHU RFK nWHUYXQQHW SDSSHU DQYlQGDV 2P GHQ H[WUD HIWHUEHKDQGODUHQ DQYlQGV I|U VRUWHULQJJUXSSHULQJ KnOVODJQLQJ RFK KlIWQLQJ NDQ HQGDVW YDQOLJW SDSSHU DQYlQGDV , QVWlOOQLQJHQ I|U SDSSHUVVWRUOHN I|U SDSSHUVNDVVHWW VWRUNDVVHWWHQ NDQ lQGUDV WLOO /HWWHUIRUPDW . RQWDNWD GLQ VHUYLFHWHNQLNHU I|U DWW lQGUD LQVWlOOQLQJHQ I|U SDSSHUVVWRUOHN 'L'L'L 2OlPSOLJW SDSSHU . RSLHULQJVSDSSHU )|U EUD NYDOLWHW Sn NRSLRUQD RFK I|U DWW XQGYLND SDSSHUVVWRSS HOOHU VNDGRU Sn PDVNLQHQ E|U I|OMDQGH W\SHU DY SDSSHU LQWH DQYlQGDV G G G G G G G G G G G G G G G G G 2+DUN VRP UHGDQ KDU PDWDWV LJHQRP PDVNLQHQ bYHQ RP DUNHW IRUWIDUDQGH lU WRPW VND GHW LQWH nWHUDQYlQGDV 3DSSHU VRP KDU VNULYLWV XW PHG HQ WHUPR HOOHU EOlFNVWUnOHVNULYDUH 0\FNHW NUDIWLJW HOOHU WXQW SDSSHU 3DSSHU VRP lU YLNW UXOODW VNU\QNOLJW HOOHU KDU UHYRU 3DSSHU VRP WDJLWV XU I|USDFNQLQJHQ I|U HQ OnQJ WLG VHGDQ )XNWLJW SDSSHU 3HUIRUHUDW HOOHU KnOVODJHW SDSSHU 3DSSHU PHG P\FNHW VOlW VWUlY HOOHU RMlPQ \WD %HVWUXNHW SDSSHU WH[ NDUERQSDSSHU WHUPRSDSSHU HOOHU WU\FNNlQVOLJW SDSSHU 3DSSHU PHG PHWDOOWUnG HOOHU YDWWHQPlUNHQ 3DSSHU DY ROLND IRUPDW 3DSSHU PHG DQQDQ IRUP lQ UHNWDQJXOlU /LPPDW KlIWDW HOOHU JHPI|UVHWW SDSSHU 3DSSHU PHG SnNOLVWUDGH HWLNHWWHU 3DSSHU PHG UHPVRU KDNDU HOOHU NQDSSDU 5XOODW HOOHU VNU\QNODW SDSSHU . RQVWQlUVSDSSHU EHVWUXNHW SDSSHU HOOHU EOlFNVWUnOHVNULYDUSDSSHU 'L'L'L . RSLHULQJVSDSSHU 8WVNULIWVRPUnGH 1nJRQ GHO DY ELOGHQ LQRP RPUnGHW QHGDQ KDU LQWH EOLYLW NRSLHUDG G G G (Q PDUJLQDO Sn PP L VNDOD IUnQ SDSSHUHWV IUDPNDQW $ (Q PDUJLQDO Sn PP L VNDOD IUnQ SDSSHUHWV EDNNDQW % (Q PDUJLQDO Sn PP L VNDOD Sn EnGD VLGRUQD DY SDSSHUHW & )|U PHU LQJnHQGH LQIRUPDWLRQ RP KXU NRSLDWRUQ DQYlQGV I|U DWW VNULYD XW IUnQ HQ GDWRU QlU VNULYDUNRQWUROOHQKHWHQ KDU LQVWDOOHUDWV VH VNULYDUNRQWUROOHQKHWHQV DQYlQGDUKDQGERN 3DSSHUVXWPDWQLQJVULNWQLQJ $ PP L VNDOD % PP L VNDOD & PP L VNDOD 3DSSHUVI|UYDULQJ 9LGWD I|OMDQGH I|UVLNWLJKHWVnWJlUGHU YLG I|UYDULQJ DY SDSSHU G H H H H G G )|UYDUD SDSSHUHW Sn HQ SODWV VRP XSSI\OOHU I|OMDQGH NUDY (M XWVDWW I|U GLUHNW VROOMXV 8WDQ EUDQGULVN /nJ OXIWIXNWLJKHW (M H[WUHPW GDPPLJW 3DSSHU VRP WDJLWV XU I|USDFNQLQJHQ E|U I|UYDUDV L HQ SODVWSnVH Sn HQ VYDO RFK P|UN SODWV )|UYDUD SDSSHU RnWNRPOLJD I|U EDUQ $XWRPDWLVNW YDO DY SDSSHUVNlOOD )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L 3nI\OOQLQJ DY SDSSHU . RSLHULQJVSDSSHU 9LG SnI\OOQLQJ DY SDSSHU REVHUYHUD I|OMDQGH I|UVLNWLJKHWVnWJlUGHU G 2P SDSSHUHW lU UXOODW VOlWD XW GHW LQQDQ GHW OlJJV L PDVNLQHQ G )\OO LQWH Sn Vn P\FNHW SDSSHU DWW EXQWHQ lU K|JUH lQ PDUNHULQJHQ Ä HOOHU |YHUVNULGHU GHW DQJLYQD DQWDOHW DUN G . RQWUROOHUD DWW SDSHUVOHGDUQD OLJJHU DQ PRW SDSSHUHWV NDQWHU G 1lU GX I\OOHU Sn PHG \WWHUOLJDUH SDSSHU WDU GX I|UVW ERUW HYHQWXHOOW NYDUYDUDQGH SDSSHU L NDVVHWWHQ SODFHUDU GHW RYDQSn GHW Q\D SDSSHUHW RFK MlPQDU WLOO NDQWHUQD Sn EXQWHQ LQQDQ GX OlJJHU GHQ L NDVVHWWHQ 7LSV 9L UHNRPPHQGHUDU DWW GX LQWH I\OOHU Sn SDSSHU LQQDQ NDVVHWWHQ lU KHOW WRP 'L'L'L . RSLHULQJVSDSSHU )\OOD Sn SDSSHU L SDSSHUVNDVVHWWHUQD RFK )\OO Sn SDSSHU L SDSSHUVNDVVHWW HOOHU GHQ H[WUD PDWQLQJVHQKHWHQ HOOHU SDSSHUVNDVVHWWHQ HQOLJW EHVNULYQLQJHQ QHGDQ 'UD XW SDSSHUVNDVVHWWHQ VRP VND I\OODV Sn PHG SDSSHU -XVWHUD SDSSHUVOHGDUQD Vn DWW GH SDVVDU SDSSHUHWV VWRUOHN . RQWUROOHUD DWW SDSSHUVOHGDUQD VLWWHU H[DNW L VSnUHQ /lJJ SDSSHUHW L NDVVHWWHQ Vn DWW SDSSHUHWV IUDPVLGD OLJJHU XSSnW GHQ VLGDQ VRP OLJJHU XSSnW QlU I|USDFNQLQJHQ |SSQDV 5|U HM P\ODUHQ 0\ODU -XVWHUD SDSSHUVOHGDUQD Vn DWW GH SDVVDU SDSSHUHWV VWRUOHN 6WlQJ SDSSHUVNDVVHWWHQ 'L'L'L )\OOD Sn SDSSHU L VWRUNDVVHWWHQ . RSLHULQJVSDSSHU )\OO Sn SDSSHU L VWRUNDVVHWWHQ HQOLJW EHVNULYQLQJHQ QHGDQ 7U\FN Sn IULJ|ULQJVNQDSSHQ I|U NDVVHWWHQ )\OO Sn SDSSHU Sn GHQ K|JUD VLGDQ DY NDVVHWWHQ I|UVW /lJJ SDSSHUHW WLOO K|JHU L NDVVHWWHQ Vn DWW SDSSHUHWV IUDPVLGD GHQ VLGD VRP OLJJHU XSSnW QlU I|USDFNQLQJHQ EU\WV lU YlQG XSSnW 5|U HM P\ODUHQ 0\ODU /lJJ SDSSHUHW WLOO YlQVWHU L NDVVHWWHQ Vn DWW SDSSHUHWV IUDPVLGD GHQ VLGD VRP OLJJHU XSSnW QlU I|USDFNQLQJHQ EU\WV lU YlQG XSSnW 0\ODU 'L'L'L . RSLHULQJVSDSSHU 3nI\OOQLQJ DY SDSSHU L PXOWLLQPDWQLQJVERUGHW $QYlQG PXOWLLQPDWQLQJVERUGHW YLG NRSLHULQJ Sn YDQOLJW SDSSHU Y\NRUW NXYHUW 2+DUN RFK HWLNHWWDUN . RSLDQ J|UV Sn GHQ VLGD VRP lU QHGnWULNWDG )\OOD Sn YDQOLJW SDSSHU gSSQD PXOWLLQPDWQLQJVERUGHW 9LG SnI\OOQLQJ DY VWRUD SDSSHU |SSQDV NDVVHWWI|UOlQJQLQJHQ . DVVHWWI|UOlQJQLQJ -XVWHUD SDSSHUVOHGDUQD Vn DWW GH SDVVDU SDSSHUHWV VWRUOHN RFK VWLFN VHGDQ LQ SDSSHUHW Vn OnQJW VRP P|MOLJW L LQPDWQLQJVVSnUHW 3DSSHUVOHGDUH 2EVHUYHUD )\OO LQWH Sn Vn P\FNHW SDSSHU DWW EXQWHQ lU K|JUH lQ PDUNHULQJHQ Ä . RQWUROOHUD DWW SDSSHUVOHGDUQD OLJJHU DQ PRW SDSSHUHWV NDQWHU 'L'L'L )\OOD Sn Y\NRUW . RSLHULQJVSDSSHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )\OOD Sn NXYHUW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )|U DWW I\OOD Sn 2+DUN )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )\OOD Sn HWLNHWWHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )|U DWW VWlOOD LQ HWW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )|U DWW ODJUD HWW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )|U DWW YlOMD HWW ODJUDW SDSSHUVIRUPDW VRP LQWH lU VWDQGDUG VSHFLDOIRUPDW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 9DO DY SDSSHUVLQVWlOOQLQJ 3DSSHU VRP I\OOWV Sn L HQ SDSSHUVNDVVHWW HOOHU PXOWLLQPDWQLQJVERUGHW NDQ YlOMDV I|U DWW J|UD NRSLRU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L 2ULJLQDOGRNXPHQW 2ULJLQDOGRNXPHQW 0DWD GRNXPHQW $QYlQGD GXSOH[GRNXPHQWPDWDUH 'XSOH[GRNXPHQWPDWDUHQ PDWDU LQ VNDQQDU RFK PDWDU VHGDQ XW DOOD VLGRU L HWW IOHUVLGLJW GRNXPHQW DXWRPDWLVNW HQ VLGD L WDJHW )|U DWW GXSOH[GRNXPHQWPDWDUHQ VND IXQJHUD Sn UlWW VlWW PnVWH UlWW W\S DY GRNXPHQW PDWDV LQ 2P IHO W\S DY GRNXPHQW ODGGDV NDQ GRNXPHQW VNDGDV HOOHU SDSSHUVVWRSS XSSVWn 'RNXPHQWW\SHU 'XEEHOVLGLJD GRNXPHQW 'RNXPHQW DY ROLND VWRUOHN (QNHOVLGLJD GRNXPHQW 'RNXPHQW PHG VDPPD IRUPDW 'XEEHOVLGLJD GRNXPHQW 9DQOLJW SDSSHU JP (QNHOVLGLJD GRNXPHQW 3DSSHUVW\S 'RNXPHQWIRUPDW 9DQOLJW SDSSHU JP $ / % / $ /& % /& $ /& % / )XQNWLRQHQ $YNlQQLQJ ROLND RULJ )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'RNXPHQWIRUPDW PHG ROLND EUHGG )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L )|UVLNWLJKHWVnWJlUGHU I|U GRNXPHQW 2ULJLQDOGRNXPHQW )|OMDQGH GRNXPHQWW\SHU VND LQWH ODGGDV L GXSOH[GRNXPHQWPDWDUHQ Gn SDSSHUVVWRSS HOOHU VNDGRU Sn GRNXPHQWHQ NDQ XSSVWn 'HVVD GRNXPHQWW\SHU VND LVWlOOHW SODFHUDV Sn H[SRQHULQJVERUGHW 'RNXPHQW Sn VSHFLDOSDSSHU G G G G G G G 9LNWD GRNXPHQW YLNWD Sn PLWWHQ HOOHU GUDJVSHOVYLNWD 0\FNHW JHQRPVNLQOLJD HOOHU JHQRPV\QOLJD GRNXPHQW VRP IRWRNlQVOLJW R]DOLGSDSSHU 'RNXPHQW PHG SlUPKnO 'RNXPHQW PHG PnQJD SlUPKnO VRP O|VEODGVSDSSHU %HVWUXNQD GRNXPHQW VRP YlUPHNlQVOLJD SDSSHU HOOHU NDUERQSDSSHU 3DSSHU I|U EOlFNVWUnOHVNULYDUH 'RNXPHQW VRP MXVW VNULYLWV XW PHG GHQQD NRSLDWRU 5XOODGH GRNXPHQW 6NU\QNOLJD HOOHU WUDVLJD GRNXPHQW 2+DUN 'RNXPHQW Sn SDSSHU VRP LQWH NDQ PDWDV LQ G G G 2P PDQ NDQ IDVWVWlOOD DWW SDSSHU VRP LQWH lU DY VWDQGDUGIRUPDW OLJJHU P\FNHW QlUD VWDQGDUGIRUPDW NDQ PDQ NRSLHUD PHG LQVWlOOQLQJDUQD ³$XWR SDSSHU´ HOOHU ³$XWRIRUPDW´ 'L'L'L 2ULJLQDOGRNXPHQW 0DWD LQ GRNXPHQW JHQRP GXSOH[GRNXPHQWPDWDUHQ /DGGD GRNXPHQWHW 6NMXW GRNXPHQWOHGDUHQ Vn DWW GHQ PRWVYDUDU GRNXPHQWHQV VWRUOHN /DGGD GRNXPHQWHQ PHG IUDPVLGDQ YlQG XSSnW L GXSOH[GRNXPHQWPDWDUHQ 'RNXPHQW Sn XSS WLOO VLGRU NDQ ODGGDV /DGGD LQWH Vn PnQJD VLGRU Vn DWW EXQWHQ QnU K|JUH lQ PDUNHULQJHQ Ä -XVWHUD GRNXPHQWOHGDUQD Vn DWW GH PRWVYDUDU GRNXPHQWHWV VWRUOHN . RQWUROOHUD DWW GRNXPHQWHW ODGGDV NRUUHNW DQQDUV NDQVNH LQWH VLGRUQD PDWDV LQ UDNW 'L'L'L 7U\FN Sn >25, *, 1$/5, . 71, 1*@ RFK YlOM VHGDQ OlPSOLJ LQVWlOOQLQJ I|U GRNXPHQWHW 2P GRNXPHQWHWV RULHQWHULQJ VNLOMHU VLJ IUnQ GHQ YDOGD LQVWlOOQLQJHQ I|U RULJLQDOHWV ULNWQLQJ XWI|UV LQWH YLVVD NRSLHULQJVIXQNWLRQHU VRP WH[ LNRSLHULQJ HOOHU LNRSLHULQJ NRUUHNW 2ULJLQDOGRNXPHQW 7U\FN Sn WDQJHQWHQ >67$57@ 6LGRUQD L GRNXPHQWHW PDWDV LQ PHG E|UMDQ PHG GHQ |YHUVWD VLGDQ /DGGD GRNXPHQW DY ROLND IRUPDW IXQNWLRQHQ $YNlQQLQJ ROLND RULJ 0HG IXQNWLRQHQ I|U DYNlQQLQJ DY GRNXPHQW PHG ROLND EUHGG NDQ GRNXPHQW VRP EHVWnU DY ROLND VWDQGDUGIRUPDW VNDQQDV RFK NRSLHUDV L HQ XSSVlWWQLQJ PHG GXSOH[GRNXPHQWPDWDUHQ )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L 2ULJLQDOGRNXPHQW 3ODFHUD GRNXPHQW Sn H[SRQHULQJVERUGHW 7LOOYlJDJnQJVVlWWHW I|U DWW SODFHUD GRNXPHQW Sn H[SRQHULQJVERUGHW YDULHUDU EHURHQGH Sn GRNXPHQWHW VRP NRSLHUDV NRQWUROOHUD GlUI|U DWW GRNXPHQWHW lU NRUUHNW SODFHUDW )|U LQIRUPDWLRQ RP KXU PDQ DQYlQGHU GXSOH[GRNXPHQWPDWDUHQ KlQYLVDU YL WLOO ³0DWD GRNXPHQW JHQRP GXSOH[GRNXPHQWPDWDUHQ´ VLGD 1lU PDQ SODFHUDU GRNXPHQWHW GLUHNW Sn H[SRQHULQJVERUGHW VND PDQ SODFHUD GHW VRP GHW YLVDV QHGDQ gSSQD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ RP GHQ lU LQVWDOOHUDG HOOHU PHU 9LG KRULVRQWDO ODGGQLQJ 9LG YHUWLNDO ODGGQLQJ 15 15 'L'L'L 3ODFHUD DUN 2ULJLQDOGRNXPHQW *n WLOO YlJD HQOLJW WLOOYlJDJnQJVVlWWHW VRP EHVNULYV QHGDQ YLG NRSLHULQJ DY YDQOLJW SDSSHU HOOHU GRNXPHQW VRP LQWH NDQ PDWDV JHQRP GXSOH[GRNXPHQWPDWDUHQ gSSQD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ RP GHQ lU LQVWDOOHUDG RFK SODFHUD GRNXPHQWHW QHGnWYlQW Sn H[SRQHULQJVERUGHW 3ODFHUD GRNXPHQWHW Vn DWW GHW OLJJHU L OLQMH PHG SLOHQ L GHW |YUH YlQVWUD K|UQHW Sn GRNXPHQWOLQMDOHUQD GXSOH[GRNXPHQWPDWDUHQ 6WlQJ RULJLQDOORFNHW HOOHU 3ODFHUD WUDQVSDUHQWD HOOHU JHQRPVNLQOLJD GRNXPHQW Sn H[SRQHULQJVERUGHW )|OM WLOOYlJDJnQJVVlWWHW VRP EHVNULYV QHGDQ YLG NRSLHULQJ DY GRNXPHQW VRP WH[ 2+DUN NDONHUSDSSHU HOOHU IRWRNlQVOLJW R]DOLGSDSSHU gSSQD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ RP GHQ lU LQVWDOOHUDG RFK SODFHUD GRNXPHQWHW QHGnWYlQW Sn H[SRQHULQJVERUGHW L OLQMH PHG SLOHQ L GHW |YUH YlQVWUD K|UQHW Sn GRNXPHQWOLQMDOHQ VDPPD IRUPDW |YHU GRNXPHQWHW GXSOH[GRNXPHQWPDWDUHQ 3ODFHUD GRNXPHQWHW Vn DWW GHW OLJJHU 3ODFHUD HWW WRPW SDSSHUVDUN DY 6WlQJ RULJLQDOORFNHW HOOHU 'L'L'L 2ULJLQDOGRNXPHQW 3ODFHUD E|FNHU HOOHU WLGVNULIWHU Sn H[SRQHULQJVERUGHW )|OM WLOOYlJDJnQJVVlWWHW VRP EHVNULYV QHGDQ YLG NRSLHULQJ DY LQEXQGQD GRNXPHQW VRP WH[ E|FNHU RFK WLGVNULIWHU gSSQD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ H[SRQHULQJVERUGHW PHG ERNHQV |YUH NDQW L ULNWQLQJ PRW NRSLDWRUQV EDNUH GHO RFK PHG ERNHQV PLWW L OLQMH PHG ERNPDUNHULQJHQ Sn GRNXPHQWOLQMDOHQ 3ODFHUD GRNXPHQWHW QHGnWYlQW Sn 6WlQJ RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ 2EVHUYHUD 9LG WMRFND GRNXPHQW J|U PDQ NRSLDQ XWDQ DWW VWlQJD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ 0HGDQ GRNXPHQWHW VNDQQDV LQ PHG RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ |SSHQ VND PDQ XQGYLND DWW VH GLUHNW Sn GHW VWDUND OMXVHW IUnQ H[SRQHULQJVERUGHW 2P GRNXPHQWHW LQWH lU NRUUHNW SODFHUDW NRPPHU NRSLRUQD LQWH DWW J|UDV L NRUUHNW RUGQLQJVI|OMG gSSQD RULJLQDOORFNHW HOOHU GXSOH[GRNXPHQWPDWDUHQ RP GHQ lU LQVWDOOHUDG HOOHU PHU DQQDUV NlQQV LQWH GRNXPHQWIRUPDWHW DY RFK NRUUHNW SDSSHUVVWRUOHN HOOHU ]RRPJUDG NDQ LQWH YlOMDV 3ODFHUD LQWH I|UHPnO VRP YlJHU PHU lQ NJ Sn H[SRQHULQJVERUGHW 7U\FN LQWH I|U KnUW Sn E|FNHU Sn H[SRQHULQJVERUGHW Gn NDQ H[SRQHULQJVERUGHW VNDGDV 'L'L'L 2ULJLQDOGRNXPHQW /DGGD GRNXPHQW I|U VSHFLILND IXQNWLRQHU 'HQ OlPSOLJDVWH GRNXPHQWPDWQLQJVPHWRGHQ RFK NRSLHULQJVLQVWlOOQLQJDUQD I|U VSHFLILND IXQNWLRQHU EHVNULYV QHGDQ )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 6WRUD GRNXPHQW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU $QJH NRSLHULQJVLQVWlOOQLQJDU $QJH HIWHUEHKDQGOLQJVLQVWlOOQLQJDU 'HW ILQQV ROLND HIWHUEHKDQGOLQJVLQVWlOOQLQJDU I|U VRUWHULQJ HOOHU JUXSSHULQJ KlIWQLQJ HOOHU KnOVODJQLQJ L NRSLRU 7U\FN Sn >67$1'$5'@ Sn SHNVNlUPHQ RFK WU\FN GlUHIWHU Sn >()7(5%(+$1'/, 1*@ (Q VNlUPELOG YLVDU GH WLOOJlQJOLJD HIWHUEHKDQGOLQJVLQVWlOOQLQJDUQD 7LOOJlQJOLJD HIWHUEHKDQGOLQJVLQVWlOOQLQJDU (IWHUEHKDQGOLQJVLQVWlOOQLQJDU G , FNH6RUWHULQJ . RSLRUQD PDWDV XW RFK EXQWDV Sn YDUDQGUD L VDPPD RUGQLQJ VRP GH NRSLHUDV G 6RUWHULQJ . RSLRUQD GHODV DXWRPDWLVNW XSS L GHW DQJLYQD DQWDOHW EXQWDU PHG HQ NRSLD DY YDUMH VLGD SHU EXQW 'L'L'L G $QJH NRSLHULQJVLQVWlOOQLQJDU *UXSSHULQJ . RSLRUQD GHODV DXWRPDWLVNW XSS L EXQWDU VRP LQQHKnOOHU NRSLRU DY VDPPD VLGD (QGDVW RP HIWHUEHKDQGODUHQ lU LQVWDOOHUDG G +|UQKlIWQLQJ . RSLRU VRP lU JMRUGD PHG LQVWlOOQLQJHQ ³6RUW´ HOOHU ³*UXSS´ KlIWDV DXWRPDWLVNW LKRS L GHW |YUH YlQVWUD K|UQHW 2EVHUYHUD 7MRFNW SDSSHU NXYHUW RFK 2+DUN NDQ LQWH KlIWDV (QGDVW RP HIWHUEHKDQGODUHQ lU LQVWDOOHUDG G SXQNWVKlIWQLQJ . RSLRU VRP WDJLWV PHG LQVWlOOQLQJHQ ³6RUW´ HOOHU ³*UXSS´ KlIWDV DXWRPDWLVNW LKRS Sn WYn VWlOOHQ Sn YlQVWHU NDQW 2EVHUYHUD 7MRFNW SDSSHU NXYHUW RFK 2+DUN NDQ HM KlIWDV 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU (QGDVW RP HIWHUEHKDQGODUHQ RFK KnOVODJVHQKHWHQ lU LQVWDOOHUDGH G +nOVODJQLQJ +nO J|UV L NRSLRUQD Vn DWW GH NDQ VlWWDV LQ L SlUPDU 'HQQD LQVWlOOQLQJ NDQ NRPELQHUDV PHG LQVWlOOQLQJDUQD ³, FNH6RUW´ ³6RUW´ ³*UXSS´ HOOHU +lIWQLQJ 2EVHUYHUD +nO NDQ LQWH J|UDV L NXYHUW HOOHU 2+DUN 7LSV *UXQGLQVWlOOQLQJHQ ³, FNH6RUW´ HOOHU ³6RUW´ YlOMV DXWRPDWLVNW EHURHQGH Sn DQWDOHW VLGRU L GRNXPHQWHW , FNH6RUW lU JUXQGLQVWlOOQLQJHQ 0DQ NDQ lQGUD JUXQGLQVWlOOQLQJHQ JHQRP DWW DQYlQGD IXQNWLRQHU Sn VNlUPELOGHQ I|U DQYlQGDULQVWlOOQLQJDU (QGDVW RP HIWHUEHKDQGODUHQ RFK PLWWKlIWQLQJVDQRUGQLQJHQ lU LQVWDOOHUDGH G )DOV SXQNWVKlIWQLQJ . RSLRU XWVNULYQD PHG KlIWIXQNWLRQ NDQ IDOVDV RFK KlIWDV LKRS Sn WYn VWlOOHQ DXWRPDWLVNW 2EVHUYHUD )XQNWLRQHUQD )DOVQLQJ SXQNWVKlIWQLQJ NDQ LQWH DQYlQGDV I|U WMRFNW SDSSHU NXYHUW RFK 2+DUN 'L'L'L 2EVHUYHUD I|OMDQGH G $QJH NRSLHULQJVLQVWlOOQLQJDU $QPlUNQLQJDU I|U DQYlQGQLQJ DY LQVWlOOQLQJDUQD 6RUW RFK *UXSS 1lU HWW GRNXPHQW VRP SODFHUDWV Sn H[SRQHULQJVERUGHW NRSLHUDV PHG LQVWlOOQLQJHQ ³6RUW´ VNHU NRSLHULQJHQ DXWRPDWLVNW PHG GHQ IXQNWLRQHQ ³VHSDUDW VNDQQLQJ´ )|U GHWDOMHU KlQYLVDU YL WLOO NDSLWOHW ³ ([WUDIXQNWLRQHU´ 2P HIWHUEHKDQGODUHQ HOOHU HIWHUEHKDQGODUHQ PHG SRVWIDFN lU LQVWDOOHUDG PDWDV YDUMH XSSVlWWQLQJ DY NRSLRU XW Yl[HOYLV PHG ROLND VLGRU XSSnW 2P DUEHWVIDFNHW lU LQVWDOOHUDW PHQ HIWHUEHKDQGODUHQ HOOHU HIWHUEHKDQGODUHQ PHG SRVWIDFN LQWH lU GHW PDWDV YDUMH XSSVlWWQLQJ DY NRSLRU XW PHG NRUV RFK WYlUVVRUWHULQJ 3DSSHU DY $ HOOHU %VWRUOHN PnVWH SODFHUDV KRULVRQWDOW L HQ SDSSHUVNDVVHWW RFK YHUWLNDOW L HQ DQQDQ 3DSSHU DY VDPPD VRUW PnVWH OlJJDV KRULVRQWDOW L HQ SDSSHUVNDVVHWW RFK YHUWLNDOW L HQ DQQDQ )XQNWLRQHQ ³$YNlQQLQJ ROLND RULJ´ VND LQWH YlOMDV , QJHQ DY I|OMDQGH IXQNWLRQHU NDQ YlOMDV , QEODGQLQJ RFK 2PVODJ 3DSSHUVNDVVHWW NDQ HM YlOMDV G G )|UXWVlWWQLQJDU I|U NRUV RFK WYlUVVRUWHULQJ G G G G G 9l[HOYLV VRUWHULQJ 9DUMH XSSVlWWQLQJ NRSLRU PDWDV XW Yl[HOYLV PHG ROLND VLGRU XSSnW . RUV RFK WYlUVVRUWHULQJ 9DUMH XSSVlWWQLQJ NRSLRU PDWDV XW Yl[HOYLV PHG NRUV RFK WYlUVVRUWHULQJ 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU 9l[HOYLV JUXSSHULQJ 9DUMH XSSVlWWQLQJ VLGRU PDWDV XW Yl[HOYLV PHG ROLND VLGRU XSSnW . RUV RFK WYlUVJUXSSHULQJ 9DUMH XSSVlWWQLQJ VLGRU PDWDV XW Yl[HOYLV NRUV RFK WYlUV 'L'L'L $WW NRSLHUD PHG HQ KlIWLQVWlOOQLQJ $QJH NRSLHULQJVLQVWlOOQLQJDU 3ODFHUD GHW HOOHU GH RULJLQDO VRP VND NRSLHUDV 9lOM ³, FNH6RUW´ ³6RUW´ HOOHU ³*UXSS´ RFK YlOM VHGDQ HQ KlIWLQVWlOOQLQJ H H 2P GX YDOGH ³+lIWD L K|UQ´ Jn YLGDUH WLOO VWHJ 2P GX YDOGH ³ SXQNWVKlIWQLQJ´ IRUWVlWW PHG VWHJ 7U\FN Sn >b1'5$ 326, 7, 21@ 7U\FN Sn NQDSSHQ I|U |QVNDG KlIWSRVLWLRQ 7U\FN Sn >5(785@ 7U\FN Sn WDQJHQWHQ >67$57@ 1X J|UV GH Q\D NRSLRUQD 2EVHUYHUD (Q KlIWLQVWlOOQLQJ NDQ LQWH YlOMDV RP HWW DQQDW MREE KDU DYEUXWLWV WLOOIlOOLJW 1lU PDQ NRSLHUDU RFK DQYlQGHU HQ KlIWLQVWlOOQLQJ VND PDQ YDUD XSSPlUNVDP Sn GHQ YDOGD KlIWSRVLWLRQHQ )|U GHWDOMHU KlQYLVDU YL WLOO VLGD 2P ³+lIWD L K|UQ´ YDOWV NDQ KlIWSRVLWLRQHQ HM DQJHV 2P ³+lIWD L K|UQ´ DQYlQGV WLOOVDPPDQV PHG ³+nOVODJ´ NDQ KlIWSRVLWLRQHQ DQJHV 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU 1lU HWW GRNXPHQW VRP SODFHUDWV Sn H[SRQHULQJVERUGHW NRSLHUDV PHG KlIWLQVWlOOQLQJHQ VNHU NRSLHULQJHQ DXWRPDWLVNW PHG IXQNWLRQHQ ³VHSDUDW VNDQQLQJ´ )|U GHWDOMHU KlQYLVDU YL WLOO NDSLWOHW ³ ([WUDIXQNWLRQHU´ . RQWUROOHUD DWW PD[ DQWDO VLGRU VRP NDQ KlIWDV LKRS LQWH |YHUVNULGV YLG NRSLHULQJ PHG KlIWLQVWlOOQLQJ 'L'L'L $WW NRSLHUD PHG IXQNWLRQHQ +nOVODJ $QJH NRSLHULQJVLQVWlOOQLQJDU 3ODFHUD GHW HOOHU GH RULJLQDO VRP VND NRSLHUDV 9lOM ³, FNH6RUW´ ³6RUW´ HOOHU ³*UXSS´ RFK WU\FN VHGDQ Sn >+c/6/$*@ 7U\FN Sn >b1'5$ 326, 7, 21@ 7U\FN Sn NQDSSHQ I|U |QVNDGH KnOVODJVSRVLWLRQHU 7U\FN Sn >$9@ I|U DWW DQJH KnOVODJVSRVLWLRQHQ DXWRPDWLVNW 7U\FN Sn >5(785@ 7U\FN Sn WDQJHQWHQ >67$57@ 1X J|UV GH Q\D NRSLRUQD 7LSV 2P NRSLHULQJHQ VWDUWDGH XWDQ DQJLYHQ KnOVODJVSRVLWLRQ HOOHU RP $9 YDOWV DQJHV KnOVODJVSRVLWLRQHQ DXWRPDWLVNW EHURHQGH Sn GRNXPHQWHWV RULHQWHULQJ VH QHGDQ )|U DWW DQSDVVD SRVLWLRQHQ I|U VODJQD KnO NRQWDNWD GLQ VHUYLFHWHNQLNHU 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU $WW NRSLHUD RFK DQYlQGD LQVWlOOQLQJHQ 9LND 2P HIWHUEHKDQGODUHQ HOOHU PLWWKlIWDUHQ lU LQVWDOOHUDG NDQ NRSLRUQD YLNDV Sn PLWWHQ QlU IXQNWLRQHQ ³6NDSD HWW KlIWH´ YDOWV )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ $QPlUNQLQJDU DQJnHQGH KlIWSRVLWLRQHQ 3RVLWLRQHQ VRP NDQ KlIWDV VNLOMHU VLJ EHURHQGH Sn SDSSHUVVWRUOHN RFK RULHQWHULQJHQ DY SDSSUHW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ $QPlUNQLQJDU DQJnHQGH DQWDO P|MOLJD KlIWDGH XSSVlWWQLQJDU 9LG NRSLHULQJ PHG HQ KlIWLQVWlOOQLQJ NDQ VLGRUQD OlJJDV RMlPQW HOOHU IDOOD 9L UHNRPPHQGHUDU DWW LQWH IOHU XSSVlWWQLQJDU lQ YDG VRP DQJHV QHGDQ KlIWDV (IWHUEHKDQGODUH $ / % & $QWDO LQEXQGQD VLGRU DUN DUN DUN DUN DUN DUN DUN 0D[ DQWDO XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU XSSVlWWQLQJDU $QPlUNQLQJDU DQJnHQGH KnOVODJVSRVLWLRQHQ 2EHUYHUD RULHQWHULQJHQ DY GRNXPHQWHW YLG NRSLHULQJ PHG LQVWlOOQLQJHQ +nOVODJ )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QJH ]RRPLQVWlOOQLQJ $QJH NRSLHULQJVLQVWlOOQLQJDU . RSLRU DY GRNXPHQW NDQ I|UVWRUDV HOOHU I|UPLQVNDV 7U\FN Sn >67$1'$5'@ Sn SHNVNlUPHQ RFK VHGDQ Sn >=220@ (Q VNlUPELOG PHG GH WLOOJlQJOLJD ]RRPLQVWlOOQLQJDUQD YLVDV 'H ILQQV ROLND VlWW DWW lQGUD ]RRPJUDG G $XWRIRUPDW 'HQ OlPSOLJDVWH ]RRPJUDGHQ EDVHUDG Sn GHW LODJGD GRNXPHQWHWV VWRUOHN RFK GHQ DQJLYQD SDSSHUVVWRUOHNHQ YlOMV DXWRPDWLVNW 6NDOD (Q NRSLD VRP lU DY VDPPD VWRUOHN VRP GRNXPHQWHW YlOMV )|UVWRUD 'HW ILQQV ROLND ]RRPLQVWlOOQLQJDU I|U DWW J|UD I|UVWRUDGH NRSLRU DY YDQOLJD VWDQGDUGGRNXPHQWIRUPDW WLOO VWDQGDUGSDSSHUVVWRUOHNDU ([HPSHO (WW $GRNXPHQW NDQ NRSLHUDV L GHW VW|UUH $IRUPDWHW (WW %GRNXPHQW NDQ NRSLHUDV L GHW VW|UUH $IRUPDWHW )|UPLQVND 'HW ILQQV ROLND ]RRPLQVWlOOQLQJDU I|U DWW J|UD I|UPLQVNDGH NRSLRU IUnQ YDQOLJD VWDQGDUGGRNXPHQWIRUPDW WLOO VWDQGDUGSDSSHUVVWRUOHNDU ([HPSHO (WW $GRNXPHQW NDQ NRSLHUDV WLOO GHW PLQGUH $IRUPDWHW (WW %GRNXPHQW NDQ NRSLHUDV WLOO GHW PLQGUH $IRUPDWHW 0LQGUH . RSLDQ I|UPLQVNDV HQ DQLQJ , QVWlOOQLQJHQ ³0LQGUH´ J|U Vn DWW GHQ GHO DY HWW RULJLQDO VRP SODFHUDV OlQJV VLGDQV NDQW LQWH EHVNlUV YLG NRSLHULQJHQ =RRPJUDGHQ I|U LQVWlOOQLQJHQ ³0LQGUH´ NDQ lQGUDV WLOO HQ ]RRPJUDG PHOODQ RFK G G H H G H H G H H 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU G H =RRPQLQJ 9LONHQ ]RRPJUDG VRP KHOVW PHOODQ RFK NDQ DQJHV 7U\FN Sn SLOWDQJHQWHUQD I|U DWW YlOMD |QVNDG ]RRPJUDG 9DUMH JnQJ PDQ WU\FNHU Sn HQ SLOWDQJHQW |NDU HOOHU PLQVNDU ]RRPJUDGHQ PHG 6SHF ]RRP (Q ]RRPJUDG PHOODQ RFK NDQ DQJHV $QYlQG WDQJHQWHUQD I|U DWW DQJH |QVNDG ]RRPJUDG 8SS WLOO WYn ]RRPJUDGHU NDQ ODJUDV QlU PDQ DQYlQGHU WDQJHQWHUQD ;<]RRP 'X NDQ lQGUD NRSLDQV IRUPDW JHQRP DWW DQJH SURSRUWLRQHUQD I|U VNDOQLQJHQ PHOODQ RFK DY GH YHUWLNDOD RFK KRULVRQWHOOD PnWWHQ G H H G 9lOMD ]RRPLQVWlOOQLQJ 7U\FN Sn >=220@ (Q VNlUPELOG PHG GH WLOOJlQJOLJD ]RRPLQVWlOOQLQJDUQD YLVDV 9lOM |QVNDG ]RRPLQVWlOOQLQJ 6WlOOD LQ $QSDVVDG ]RRP )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ /DJUD $QSDVVDG ]RRP RFK 0LQLPDO ]RRP )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 7D IUDP HQ ODJUDG DQSDVVDG ]RRP )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ $QJH ROLND YHUWLNDOD RFK KRULVRQWDOD JUDGHULQJVSURSRUWLRQHU LQVWlOOQLQJHQ ;<]RRP )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU 9lOMD RULJ !NRSLHULQJVLQVWlOOQLQJDU 7U\FN Sn >25, * !. 23, $@ Sn SHNVNlUPHQ (Q VNlUPELOG XSSWUlGHU VRP YLVDU WLOOJlQJOLJD GRNXPHQW RFK NRSLHULQJVLQVWlOOQLQJDU 2ULJLQDO!NRSLHULQJVLQVWlOOQLQJDU , QVWlOOQLQJDU G (QNHOVLGLJ Ö (QNHOVLGLJ (Q HQNHOVLGLJ NRSLD J|UV DY HWW HQNHOVLGLJW GRNXPHQW G (QNHOVLGLJ Ö 'XEEHOVLGLJ (Q GXEEHOVLGLJ NRSLD J|UV DY WYn HQNHOVLGLJD GRNXPHQW G (QNHOVLGLJ Ö (QNHOL (Q HQNHOVLGLJ NRSLD J|UV DY WYn HQNHOVLGLJD GRNXPHQW G (QNHOVLGLJ Ö 'XEEHOL (Q GXEEHOVLGLJ NRSLD J|UV DY I\UD HQNHOVLGLJD GRNXPHQW G 'XEEHOVLGLJ Ö (QNHOVLGLJ (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG 7Yn HQNHOVLGLJD NRSLRU J|UV DY HWW GXEEHOVLGLJW GRNXPHQW 'XEEHOVLGLJ Ö 'XEEHOVLGLJ (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG (Q GXEEHOVLGLJ NRSLD J|UV DY HWW GXEEHOVLGLJW GRNXPHQW G 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU G 'XEEHOVLGLJ Ö (QNHOL (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG (Q HQNHOVLGLJ NRSLD J|UV DY HWW GXEEHOVLGLJW GRNXPHQW 'XEEHOVLGLJ Ö 'XEEHOL (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG (Q GXEEHOVLGLJ NRSLD J|UV DY WYn GXEEHOVLGLJD GRNXPHQW (QNHOVLGLJ Ö (QNHOL (Q HQNHOVLGLJ NRSLD J|UV DY I\UD HQNHOVLGLJD GRNXPHQW G G G (QNHOVLGLJ Ö 'XEEHOL (Q GXEEHOVLGLJ NRSLD J|UV DY nWWD HQNHOVLGLJD GRNXPHQW G (QNHOVLGLJ Ö 6NDSD HWW KlIWH (Q GXEEHOVLGLJ NRSLD J|UV DY I\UD HQNHOVLGLJD GRNXPHQW G 'XEEHOVLGLJ Ö (QNHOL (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG (Q HQNHOVLGLJ NRSLD J|UV DY WYn GXEEHOVLGLJD GRNXPHQW 'L'L'L G $QJH NRSLHULQJVLQVWlOOQLQJDU 'XEEHOVLGLJ Ö 'XEEHOL (QGDVW RP GXSOH[GRNXPHQWPDWDUHQ lU LQVWDOOHUDG (Q GXEEHOVLGLJ NRSLD J|UV DY I\UD GXEEHOVLGLJD GRNXPHQW G %RN VHSDUDWLRQ Ö (QNHOVLGLJ 7Yn HQNHOVLGLJD NRSLRU J|UV DY HWW LQEXQGHW GRNXPHQW G %RN XSSVODJ Ö (QNHOVLGLJ (Q HQNHOVLGLJ NRSLD J|UV DY HWW LQEXQGHW GRNXPHQW G %RN VHSDUDWLRQ Ö 'XEEHOVLGLJ (Q GXEEHOVLGLJ NRSLD J|UV DY HWW LQEXQGHW GRNXPHQW G %RN XSSVODJ Ö 'XEEHOVLGLJ (Q GXEEHOVLGLJ NRSLD J|UV DY HWW LQEXQGHW GRNXPHQW 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU $QJH 2ULJLQDO !. RSLHULQJVLQVWlOOQLQJDU 3ODFHUD GHW HOOHU GH RULJLQDO VRP VND NRSLHUDV )|U PHU LQJnHQGH LQIRUPDWLRQ VH NDSLWHO ³ 2ULJLQDOGRNXPHQW´ 7U\FN Sn >25, * !. 23, $@ 9lOM LQVWlOOQLQJ I|U GHQ W\S DY GRNXPHQW VRP VND NRSLHUDV )|U H[HPSOHW WLOO K|JHU WU\FN Sn >(1. (/6, ', *@ 9lOM LQVWlOOQLQJ I|U |QVNDG W\S DY NRSLD )|U H[HPSOHW WLOO K|JHU WU\FN Sn >'8%%(/6, ', *@ 'L'L'L )|U DWW YlOMD LQVWlOOQLQJDUQD I|U ³'XEEHOL´ ³6NDSD HWW KlIWH´ ³(QNHOL´ HOOHU ³'XEEHOL´ WU\FNHU PDQ Sn >, +b)7(@ $QJH NRSLHULQJVLQVWlOOQLQJDU 7U\FN Sn >25, *, 1$/5, . 71, 1*@ 9lOM RULJLQDOHWV ULNWQLQJVLQVWlOOQLQJ RP GRNXPHQWHW lU LODJW L HQ DQQDQ ULNWQLQJ lQ VWDQGDUG 9lOM OlPSOLJ LQVWlOOQLQJ I|U 7U\FN Sn >5(785@ RULHQWHULQJHQ DY GRNXPHQWHW 7U\FN Sn WDQJHQWHQ >67$57@ 1X J|UV GH Q\D NRSLRUQD . RSLHULQJ DY HWW LQEXQGHW GRNXPHQW 6NDQQLQJSRVLWLRQHQ I|U LQEXQGQD GRNXPHQW NDQ VWlOODV LQ )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ . RSLHULQJ DY E|FNHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ . RSLHULQJ DY ERNVLGRU WLOO VHSDUDWD GXEEHOVLGLJD VLGRU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QJH NRSLHULQJVLQVWlOOQLQJDU 6QDEEYDO DY JUXQGLQVWlOOQLQJDU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L $QJH NRSLHGHQVLWHW 9lOMD GHQVLWHWLQVWlOOQLQJ $QJH NRSLHULQJVLQVWlOOQLQJDU 7U\FN Sn >'(16, 7(7@ Sn SHNVNlUPHQ (Q VNlUPELOG XSSWUlGHU VRP YLVDU WLOOJlQJOLJD GHQVLWHWLQVWlOOQLQJDU 9lOM OlPSOLJ LQVWlOOQLQJ I|U GRNXPHQWHW VRP VND NRSLHUDV ³7H[W´ ³)RWR´ HOOHU ³7H[WIRWR´ 6WlOO VHGDQ LQ GHQVLWHWHQ YLG EHKRY 7LSV 'HQVLWHWLQVWlOOQLQJHQ ³$XWR´ lU JUXQGLQVWlOOQLQJHQ 'HQVLWHWJUXQGLQVWlOOQLQJHQ NDQ lQGUDV QlU HQ IXQNWLRQ Sn VNlUPELOGHQ I|U DQYlQGDULQVWlOOQLQJDU DQYlQGV 9lOMD LQVWlOOQLQJHQ 7H[W 9lOM LQVWlOOQLQJHQ ³7H[W´ I|U DWW I|UVWlUND NRQWXUHU RFK In ElWWUH VNlUSD Sn WH[WGRNXPHQW ³$XWR´ 'HQVLWHW 'HQVLWHWHQ DQSDVVDV DXWRPDWLVNW I|U GRNXPHQWHW )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 9lOMD LQVWlOOQLQJHQ )RWR 9lOM LQVWlOOQLQJHQ ³)RWR´ YLG NRSLHULQJ DY GRNXPHQW PHG JUnVNDOD VRP IRWRJUDILHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 9lOMD LQVWlOOQLQJHQ 7H[WIRWR 9lOM LQVWlOOQLQJHQ ³7H[WIRWR´ YLG NRSLHULQJ DY GRNXPHQW VRP LQQHKnOOHU EnGH WH[W RFK IRWR )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 0HGGHODQGHQ Sn SHNVNlUPHQ 1lU PHGGHODQGHW )\OO Sn WRQHU YLVDV 0HGGHODQGHW )\OO Sn WRQHU YLVDV QlU WRQHUQLYnQ lU OnJ &D NRSLRU $ NDQ J|UDV HIWHU GHW DWW PHGGHODQGHW RYDQ KDU YLVDWV 9L UHNRPPHQGHUDU HPHOOHUWLG DWW WRQHUEHKnOODUHQ E\WV XW Vn VQDUW VRP P|MOLJW 0HGGHODQGHW )\OO Sn WRQHU YLVDV QlU WRQHUQ WDJLW VOXW RFK NRSLHULQJ LQWH OlQJUH NDQ VNH %\W XW WRQHUEHKnOODUHQ HQOLJW QHGDQVWnHQGH SURFHGXUHU %\WD WRQHUEHKnOODUH gSSQD IURQWOXFNDQ 'UD XW WRQHUF\OLQGHUQ Vn OnQJW VRP P|MOLJW 'L'L'L )lOO XSS KnOODUHQ I|U WRQHUEHKnOODUHQ XSSnW 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD I|UVLNWLJW XW GHQ WRPPD WRQHUEHKnOODUHQ . DVWD LQWH GHQ WRPPD WRQHUEHKnOODUHQ /lPQD GHQ LVWlOOHW WLOO GLQ VHUYLFHWHNQLNHU 6On GHQ Q\D WRQHUEHKnOODUHQV HQD lQGH PRW HQ KnUG \WD WH[ HQ ElQN HOOHU HWW ERUG I\UD HOOHU IHP JnQJHU RFK J|U VHGDQ Sn VDPPD VlWW PHG GHQ DQGUD lQGHQ (IWHUVRP WRQHUQ L EHKnOODUHQ NDQ KD SDFNDW LKRS VLJ VND PDQ VH WLOO DWW GHQ OXFNUDV XSS XQGHU GHWWD PRPHQW 6NDND GHQ Q\D WRQHUEHKnOODUHQ XSS RFK QHU FD IHP JnQJHU 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 6lWW L WRQHUEHKnOODUHQ PHG I|UVOXWQLQJHQ XSSnW )lOO QHU KnOODUHQ I|U WRQHUEHKnOODUHQ WLOOV GHQ IDVWQDU L UlWW OlJH 7D WDJ L WRQHUEHKnOODUHQV I|UVOXWQLQJ RFK GUD DY GHQ OnQJVDPW L ULNWQLQJ PRW GLJ )lOO QHG KnOODUHQ I|U WRQHUEHKnOODUHQ RFK WU\FN VHGDQ LQ WRQHUF\OLQGHUQ 6WlQJ IURQWOXFNDQ H H 1lU IURQWOXFNDQ VWlQJV I\OOV WRQHUQ Sn DXWRPDWLVNW 6WlQJ LQWH DY NRSLDWRUQ HOOHU |SSQD QnJUD DQGUD OXFNRU PHGDQ WRQHUQ I\OOV Sn 7LSV 2P NRSLRUQD EOLU VYDJD GLUHNW HIWHU GHW DWW WRQHUEHKnOODUHQ E\WWV XW I\OO Sn WRQHU 9L KlQYLVDU WLOO VLGD 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 1lU PHGGHODQGHW +lIWNODPUDUQD lU VOXW YLVDV 1lU KlIWNODPPHUEHKnOODUHQ lU WRP YLVDV HWW PHGGHODQGH VH QHGDQ RFK KlIWQLQJ NDQ HM OlQJUH VNH )|OM WLOOYlJDJnQJVVlWWHW VRP EHVNULYV QHGDQ I|U DWW E\WD XW KlIWNODPPHUEHKnOODUHQ 2EVHUYHUD %\W KlIWNODPPHUEHKnOODUHQ HQGDVW HIWHU GHW DWW PHGGHODQGHW YLVDWV 'HW ILQQV ULVN I|U DWW PDVNLQHQ VNDGDV RP KlIWNODPPHUEHKnOODUHQ WDV ERUW LQQDQ PHGGHODQGHW YLVDV %\WD XW KlIWNODPPHUEHKnOODUHQ I|U HIWHUEHKDQGODUHQ )1 gSSQD IURQWOXFNDQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD XW KnOODUHQ I|U KlIWNODPPHUEHKnOODUHQ PRW GLJ 7U\FN Sn RPUnGHW VRP lU PlUNW PHG ³386+´ I|U DWW OnVD XSS KlIWNODPPHUKnOODUHQ 7D ERUW GHQ WRPPD KlIWNODPPHUEHKnOODUHQ IUnQ KnOODUHQ 6lWW L GHQ Q\D KlIWNODPPHUEHKnOODUHQ L KnOODUHQ RFK WD VHGDQ OnQJVDPW ERUW I|UVHJOLQJHQ 'L'L'L 7U\FN LQ GHQ SnI\OOGD KlIWNODPPHUEHKnOODUHQ WLOOV GHQ IDVWQDU L UlWW OlJH 0HGGHODQGHQ Sn SHNVNlUPHQ 6WlQJ IURQWOXFNDQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ %\WD KlIWNODPPHUEHKnOODUHQ I|U PLWWKlIWDUHQ 6. )g56, . 7, *7 9DU I|UVLNWLJ YLG LQVWDOODWLRQHQ DY KnOODUHQ I|U KlIWNODPPHUEHKnOODUHQ § . RQWUROOHUD DWW KnOODUHQ I|U KlIWNODPPHUEHKnOODUHQ lU ULNWDG nW UlWW KnOO 7D ERUW KlIWNODPPHUEHKnOODUHQ PHGDQ GX KnOOHU XSS XWPDWQLQJVIDFNHW 7U\FN Sn RPUnGHW VRP lU PDUNHUDW PHG ³386+´ I|U DWW OnVD XSS KlIWNODPPHUKnOODUHQ 7D ERUW GHQ WRPPD KlIWNODPPHUEHKnOODUHQ IUnQ KnOODUHQ 'L'L'L 6lWW L GHQ Q\D KlIWNODPPHUEHKnOODUHQ L KnOODUHQ 0HGGHODQGHQ Sn SHNVNlUPHQ 7D I|UVLNWLJW ERUW I|UVHJOLQJHQ 7U\FN LQ GHQ SnI\OOGD KnOODUHQ WLOOV GHQ IDVWQDU L UlWW OlJH 6lQN QHG XWPDWQLQJIDFNHW 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 2P HWW SDSSHUVVWRSS XSSVWnU /lJHQ I|U SDSSHUVVWRSS 0HGGH ODQGH %HVNULYQLQJ 3DSSHUVVWRSS L GXSOH[GRNXPHQWPDWDUHQ VLGD 3DSSHUVVWRSS L IL[HULQJVGHOHQ VLGD 3DSSHUVVWRSS L GXSOH[HQKHWHQ VLGD 3DSSHUVVWRSS L PXOWL LQPDWQLQJVERUGHW VLGD 3DSSHUVVWRSS L SDSSHUVNDVVHWW HOOHU VLGD 0HGGH ODQGH %HVNULYQLQJ 3DSSHUVVWRSS L SDSSHUVNDVVHWW HOOHU VLGD 3DSSHUVVWRSS L VWRUNDVVHWWHQ VLGD 3DSSHUVVWRSS L HIWHUEHKDQGODUHQ VLGD 3DSSHUVVWRSS L SRVWIDFNHW VLGD 3DSSHUVVWRSS L PLWWKlIWQLQJVDQRUGQLQJHQ VLGD 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L GXSOH[GRNXPHQWPDWDUHQ )|OM LQVWUXNWLRQHUQD VRP YLVDV Sn SHNVNlUPHQ I|U DWW |SSQD GRNXPHQWOHGDUHQ RFK WD ERUW SDSSHU VRP IDVWQDW 'UD XSS VSDNHQ I|U SDSSHUVVWRSSVOXFNDQ RFK |SSQD VHGDQ ORFNHW 'UD I|UVLNWLJW XW GRNXPHQW VRP IDVWQDW 6YlQJ GRNXPHQWOHGDUVSDNHQ XSSnW 9ULG UDWWHQ I|U DWW PDWD XW SDSSHU VRP IDVWQDW 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW PHGDQ GX VW|GHU RULJLQDOLQPDWQLQJVERUGHW PHG GLQ K|JUD KDQG GHVV UlWWD OlJH RFK VWlQJ VHGDQ SDSSHUVVWRSSVOXFNDQ )|U WLOOEDND GRNXPHQWOHGDUHQ WLOO 'L'L'L cWJlUGD SDSSHUVVWRSS L IL[HULQJVGHOHQ 0HGGHODQGHQ Sn SHNVNlUPHQ )g56, . 7, *7 2PUnGHW NULQJ IL[HULQJVHQKHWHQ lU P\FNHW YDUPW § 2P PDQ YLGU|U QnJRQ GHO VRP LQWH lU DYVHGG I|U GHWWD NDQ PDQ EUlQQD VLJ 2P GX EUlQQHU GLJ VND GX JHQDVW VN|OMD PHG VWRUD PlQJGHU NDOOW YDWWHQ RFK VHGDQ XSSV|ND OlNDUH )g56, . 7, *7 2P PDQ YLGU|U \WDQ Sn ELOG|YHUI|ULQJVYDOVHQ WUDQVIHUUXOOH NDQ NRSLHULQJVNYDOLWHWHQ I|UVlPUDV § 5|U HM \WDQ Sn ELOG|YHUI|ULQJVYDOVHQ 7UDQVIHUUXOOH 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD XSS IULJ|ULQJVKDQGWDJHW Sn GHQ K|JUD VLGROXFNDQ RFK |SSQD GHQ VHGDQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW gSSQD IL[HULQJVHQKHWHQV VW\UVNHQD 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 'L'L'L gSSQD SDSSHUVIULJ|UDUHQ RFK GUD VHGDQ I|UVLNWLJW XW SDSSHU VRP IDVWQDW L YlQGHQKHWHQ 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD I|UVLNWLJW XW SDSSHU XU IL[HULQJVGHOHQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW UXQW ELOG|YHUI|ULQJVYDOVHQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 6WlQJ GHQ K|JUD OXFNDQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 2EVHUYHUD . RQWDNWD GLQ VHUYLFHWHNQLNHU RP SDSSHUHW IDVWQDW VRP L EHVNULYQLQJHQ QHGDQ 3DSSHUHW lU OLQGDW UXQW ELOG|YHUI|ULQJVYDOVHQ 3DSSHUHW KDU YLNWV HOOHU ULYLWV V|QGHU DY ELOG|YHUI|ULQJVYDOVHQ 3DSSHUHW VRP WRJV ERUW JLFN V|QGHU RFK VLWWHU GHOYLV NYDU L IL[HULQJVHQKHWHQ 'L'L'L cWJlUGD SDSSHUVVWRSS L GXSOH[HQKHWHQ 0HGGHODQGHQ Sn SHNVNlUPHQ gSSQD GXSOH[HQKHWHQV OXFND 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 6WlQJ GXSOH[HQKHWHQV OXFND cWJlUGD SDSSHUVVWRSS L PXOWLLQPDWQLQJVERUGHW 'UD XW SDSSHU VRP IDVWQDW IUnQ PXOWLLQPDWQLQJVERUGHW 2P SDSSHU VRP IDVWQDW LQWH JnU DWW GUD XW GUD L VSDNHQ I|U GHQ VNMXWEDUD SODWWDQ Sn PXOWL LQPDWQLQJVERUGHW RFK GUD VHGDQ SODWWDQ HPRW GLJ 7U\FN QHGnW Sn IULJ|UDUHQ PHG YlQVWUD KDQGHQ RFK GUD I|UVLNWLJW XW SDSSHU VRP IDVWQDW WLOO GHVV UlWWD OlJH )|U WLOOEDND PXOWLLQPDWQLQJVERUGHW 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L SDSSHUVNDVVHWW HOOHU gSSQD PXOWLLQPDWQLQJVERUGHW 'UD XSS IULJ|ULQJVKDQGWDJHW Sn GHQ QHGUH OXFNDQ WLOO K|JHU RP SDSSHUVPDWQLQJVHQKHWHQ RFK |SSQD GHQ YLVDV Sn SHNVNlUPHQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 6WlQJ GHQ QHGUH K|JUD OXFNDQ 6WlQJ PXOWLLQPDWQLQJVERUGHW 'L'L'L 'UD XSS IULJ|ULQJVKDQGWDJHW Sn GHQ QHGUH OXFNDQ WLOO K|JHU RP SDSSHUVPDWQLQJVHQKHWHQ RFK |SSQD GHQ YLVDV Sn SHNVNlUPHQ 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L SDSSHUVNDVVHWW HOOHU 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 6WlQJ GHQ QHGUH K|JUD OXFNDQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L VWRUNDVVHWWHQ 'UD XSS IULJ|ULQJVKDQGWDJHW Sn GHQ QHGUH OXFNDQ WLOO K|JHU RP SDSSHUVPDWQLQJVHQKHWHQ VRP DQJHV L PHGGHODQGHW YLVDV Sn SHNVNlUPHQ 'UD I|UVLNWLJW XW SDSSHU VRP IDVWQDW 6WlQJ GHQ QHGUH K|JUD OXFNDQ 'L'L'L gSSQD IURQWOXFNDQ 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L HIWHUEHKDQGODUHQ )1 7U\FN QHG VSDNHQ )1 RFK GUD VHGDQ XW SDSSHUHW VRP IDVWQDW 9ULG NQDSSHQ )1 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 2P KnOVODJVHQKHWHQ lU LQVWDOOHUDG 'UD XW OnGDQ I|U KnOVODJQLQJVUHVWHU 7U\FN QHG VSDNHQ )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW GHUDV UlWWD OlJHQ cWHUVWlOO VSDNDUQD )1 RFK )1 WLOO 2P KnOVODJVHQKHWHQ lU LQVWDOOHUDW 6lWW WLOOEDND OnGDQ I|U KnOVODJQLQJVUHVWHU L UlWW OlJH 7U\FN QHG VSDNHQ )1 9ULG UDWWHQ )1 HOOHU )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW UlWWD OlJH 9ULG WLOOEDND VSDNHQ )1 WLOO GHVV 6WlQJ IURQWOXFNDQ 'L'L'L gSSQD IURQWOXFNDQ 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L SRVWIDFNHW 0. 9ULG UDWWHQ )1 HOOHU )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW 7U\FN QHG VSDNHQ )1 RFK GUD VDPWLGLJW XW SDSSHU VRP IDVWQDW 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 'UD L KDQGWDJHW )1 I|U DWW |SSQD SDSSHUVVWRSSVOXFNDQ 'UD XW SDSSHU VRP IDVWQDW L SRVWIDFNHW 6WlQJ SDSSHUVVWRSSVOXFNDQ 6WlQJ IURQWOXFNDQ 'L'L'L gSSQD IURQWOXFNDQ 0HGGHODQGHQ Sn SHNVNlUPHQ cWJlUGD SDSSHUVVWRSS L PLWWKlIWQLQJVDQRUGQLQJHQ 6. 9ULG UDWWHQ )1 HOOHU )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW 7D ERUW DOOW SDSSHU IUnQ XWPDWQLQJVIDFNHW gSSQD SDSSHUVVWRSSVOXFNDQ RFK 6WlQJ SDSSHUVVWRSSVOXFND 6WlQJ IURQWOXFNDQ GUD VHGDQ XW SDSSHU VRP IDVWQDW 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 1lU PHGGHODQGHW . DQ HM KlIWD YLVDV cWJlUGD KlIWNODPPHUVWRSS 2P HQ HIWHUEHKDQGODUH ILQQV RFK HWW KlIWNODPPHUVWRSS KDU XSSVWnWW YLVDV PHGGHODQGHW QHGDQ )|OM WLOOYlJDJnQJVVlWWHW QHGDQ I|U DWW nWJlUGD VWRSSHW )|OM WLOOYlJDJnQJVVlWWHW QHGDQ I|U DWW WD ERUW SDSSHU RFK KlIWNODPUDU )g56, . 7, *7 . DQ HM KlIWD § 2P PHGGHODQGHW ³. DQ HM KlIWD´ YLVDV nWJlUGD KlIWNODPPHUVWRSSHW HQOLJW EHUNULYQLQJHQ QHGDQ § 2P I|OMDQGH EHVNULYQLQJ LQWH I|OMV RFK SDSSHUHW GUDV XW PHG I|U VWRU NUDIW NDQ KlIWIXQNWLRQHQ VNDGDV 7D ERUW DOOW SDSSHU IUnQ HIWHUEHKDQGODUHQ 'L'L'L gSSQD IURQWOXFNDQ 0HGGHODQGHQ Sn SHNVNlUPHQ 7U\FN QHG VSDNHQ )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW 9ULG UDWWHQ )1 2P KnOVODJVHQKHWHQ lU LQVWDOOHUDG 'UD XW OnGDQ I|U KnOVODJQLQJVUHVWHU 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 7U\FN QHG VSDNHQ )1 RFK GUD VHGDQ XW SDSSHU VRP IDVWQDW GHUDV UlWWD OlJHQ cWHUVWlOO VSDNDUQD )1 RFK )1 WLOO 2P KnOVODJVHQKHWHQ lU LQVWDOOHUDG 6lWW OnGDQ I|U KnOVODJQLQJVUHVWHU L UlWW OlJH 7U\FN QHG VSDNHQ )1 9ULG Sn UDWWHQ )1 HOOHU )1 RFK 9ULG WLOOEDND VSDNHQ )1 WLOO GHVV UlWWD OlJH GUD VHGDQ XW SDSSHU VRP IDVWQDW 9ULG UDWWHQ nW YlQVWHU I|U DWW IO\WWD KlIWDUHQ IUDPnW 'L'L'L 'UD XW KnOODUHQ I|U KlIWNODPPHUEHKnOODUHQ PRW GLJ 0HGGHODQGHQ Sn SHNVNlUPHQ 7U\FN KlIWNODPPHUEHKnOODUHQV OHGDUH XSSnW RFK GUD XW HQ NODPPHUUHPVD OlJH )|U WLOOEDND VW\UVNHQDQ WLOO GHVV UlWWD 7U\FN LQ KnOODUHQ I|U KlIWNODPPHUEHKnOODUHQ WLOOV GHQ IDVWQDU 6WlQJ IURQWOXFNDQ 2EVHUYHUD . RQWDNWD GLQ VHUYLFHWHNQLNHU RP KlIWQLQJHQ IRUWIDUDQGH LQWH IXQJHUDU WURWV GHQ RYDQQlPQGD SURFHGXUHQ 'L'L'L 0HGGHODQGHQ Sn SHNVNlUPHQ 2P PHGGHODQGHW +nOVODJHW WRPW YLVDV 2P KnOVODJVHQKHWHQ lU LQWHJUHUDG L HIWHUEHKDQGODUHQ YLVDV I|OMDQGH PHGGHODQGH QlU OnGDQ I|U KnOVODJQLQJVUHVWHU lU IXOO )|OM SURFHGXUHQ VRP EHVNULYV QHGDQ I|U DWW W|PPD OnGDQ I|U KnOVODJQLQJVUHVWHU 7|PPD OnGDQ I|U KnOVODJQLQJVUHVWHU 7|P OnGDQ RFK VlWW WLOOEDNV GHQ HQOLJW EHVNULYQLQJHQ QHGDQ gSSQD IURQWOXFNDQ 'UD XW OnGDQ 'L'L'L 7|P OnGDQ 6lWW WLOOEDND OnGDQ L UlWW OlJH 6WlQJ IURQWOXFNDQ 0HGGHODQGHQ Sn SHNVNlUPHQ 'L'L'L )HOV|NQLQJ )HOV|NQLQJ +XYXGPHGGHODQGHQ RFK UHVSHNWLYH nWJlUGHU 0HGGHODQGH (WW IHO KDU XSSWlFNWHV 7LOONDOOD VHUYLFH RFK WDOD RP QHGDQVWnHQGH NRG )\OO Sn WRQHU 2UVDN . RSLDWRUQ lU XU IXQNWLRQ RFK NRSLHULQJ lU HM P|MOLJ (IWHUVRP WRQHUQ lU VOXW NDQ NRSLDWRUQ LQWH J|UD NRSLRU (IWHUVRP WUXPPDQ lU XWVOLWHQ NDQ NRSLDWRUQ LQWH J|UD NRSLRU (IWHUVRP ELOGHQKHWHQ lU XWVOLWHQ NDQ NRSLDWRUQ LQWH J|UD NRSLRU +lIWNODPUDUQD lU VOXW cWJlUG 7LOONDOOD RFK LQIRUPHUD VHUYLFHWHNQLNHUQ RP NRGHQ VRP YLVDV Sn SHNVNlUPHQ %\W WRQHUEHKnOODUH ³1lU PHGGHODQGHW )\OO Sn WRQHU YLVDV´ Sn VLGD . RQWDNWD VHUYLFH 7UXPPDQ PnVWH E\WDV 7LOONDOOD VHUYLFH )UDPNDOOQLQJVHQKHWHQ PnVWH E\WDV XW 7LOONDOOD VHUYLFH +lIWNODPUDUQD lU VOXW %\W XW KlIWNODPPHUEHKnOODUHQ . RQWDNWD VHUYLFH %\W XW KlIWNODPPHUEHKnOODUHQ ³1lU PHGGHODQGHW +lIWNODPUDUQD lU VOXW YLVDV´ Sn VLGD . RQWDNWD VHUYLFH 7U\FN Sn I|U DWW YLVD NRGHQ $QJH NRGHQ QlU GX NRQWDNWDU VHUYLFH 'HW lU GDJV I|U VHUYLFH DY NRSLDWRUQ /lJJ L I|OMDQGH DQWDO GRNXPHQWVLGRU 22 (IWHU GHW DWW HWW SDSSHUV /lJJ L GH GRNXPHQW VLGRU VRP YLVDV L GXSOH[ VWRSS nWJlUGDWV PnVWH GRNXPHQWPDWDUHQ YLVVD GRNXPHQWVLGRU PDWDV LQ LJHQ VRP UHGDQ EOLYLW PDWDGH JHQRP GHQ GXSOH[GRNXPHQW PDWDUHQ (IWHUVRP PLQQHW lU IXOOW NDQ LQJD IOHU VLGRU VNDQQDV 6NULY XW VLGRU HOOHU UDGHUD N|DQGH MREE I|U DWW W|PPD GHODU DY PLQQHW 'HW JnU LQWH ;;;;;; RWLOOUlFNOLJW PHG PLQQH 7U\FN Sn VWDUW I|U DWW IRUWVlWWD 'L'L'L 0HGGHODQGH 'HQQD IXQNWLRQ NDQ LQWH DQYlQGDV WLOOVDPPDQV PHG IXQNWLRQHQ ;;;;;; 3DXVD 2UVDN )XQNWLRQHU VRP LQWH NDQ NRPELQHUDV KDU YDOWV 9LG LNRSLHULQJHQ NXQGH GHQ DQGUD GRNXPHQWVLGDQ LQWH VNDQQDV LQ PHG PDQXHOO VNDQQLQJ /XFNDQ HOOHU ORFNHW VRP YLVDV PHG SLOHQ lU |SSHQ|SSHW cWJlUG )HOV|NQLQJ . RSLHUD PHG HQGDVW HQ DY IXQNWLRQHUQD DNWLYD /lJJ L GHQ DQGUD GRNXPHQWVLGDQ HOOHU WU\FN Sn >$96/87$@ 6WlQJ GHODU VRP LQGLNHUDV PHG SLODU RUGHQWOLJW . RQWUROOHUD DWW DOOD OXFNRU RFK ORFN lU VWlQJGD RUGHQWOLJW 'L'L'L )HOV|NQLQJ 2P IHODNWLJD NRSLRU NRSLHUDV 3UREOHP . RSLDQ lU I|U OMXV 0|MOLJ RUVDN ³$XWR´ 'HQVLWHW LQVWlOOQLQJHQ lU I|U OMXVW LQVWlOOG cWJlUG -XVWHUD IXQNWLRQHQ I|U ³JUXQGLQVWlOOQLQJHQ I|U XWPDWQLQJVQLYnHU DY NRSLRU´ Sn VNlUPHQ I|U DQYlQGDULQVWlOOQLQJDU (OOHU DYEU\W GHQVLWHWLQVWlOOQLQJHQ ³$XWR´ RFK YlOM VHGDQ |QVNDG LQVWlOOQLQJ (Q GHQVLWHWLQVWlOOQLQJ 7U\FN Sn >'HQVLWHW@ RFK VRP lU I|U OMXV KDU YDOWV YlOM VHGDQ HQ P|UNDUH GHQVLWHWLQVWlOOQLQJ 0nQJD GRNXPHQW VRP LQQHKnOOHU IRWRQ HOOHU VWRUD WU\FNWD ELOGHU NRSLHUDGHV . RSLHGHQVLWHWHQ YDU I|U P|UN RFK WRQHUQ PLQVNDGH $QYlQG IXQNWLRQHQ ³7RQHUSnI\OOQLQJ´ L $QYlQGDUIXQNWLRQHU I|U DWW I\OOD Sn WRQHUQ 7RQHUQ PLQVNDGH $QYlQG IXQNWLRQHQ ³7RQHUSnI\OOQLQJ´ L $QYlQGDUIXQNWLRQHU I|U DWW I\OOD Sn WRQHUQ WLOOV NRSLHGHQVLWHWHQ EOLU P|UNDUH %\W XW WRQHUEHKnOODUHQ 7RQHUEHKnOODUHQ KDU MXVW E\WWV XW 7RQHUQ lU WRP RFK PHGGHODQGHW ³)\OO Sn WRQHU´ YLVDV Sn SHNVNlUPHQ 3DSSHUHW lU IXNWLJW %\W XW SDSSHUHW 'L'L'L 3UREOHP . RSLDQ lU I|U P|UN 0|MOLJ RUVDN ³$XWR´ 'HQVLWHW LQVWlOOQLQJHQ I|U P|UNW LQVWlOOG cWJlUG )HOV|NQLQJ -XVWHUD IXQNWLRQHQI|U ³JUXQGLQVWlOOQLQJHQ I|U XWPDWQLQJVQLYnHU DY NRSLRU´ Sn VNlUPHQ I|U DQYlQGDULQVWlOOQLQJDU (OOHU DYEU\W GHQVLWHWLQVWlOOQLQJHQ ³$XWR´ RFK YlOM VHGDQ |QVNDG LQVWlOOQLQJ 7U\FN Sn >'HQVLWHW@ RFK YlOM VHGDQ HQ OMXVDUH GHQVLWHWVLQVWlOOQLQJ 5HQJ|U H[SRQHULQJVERUGHW PHG HQ PMXN RFK WRUU WUDVD 3ODFHUD GRNXPHQWHW Vn DWW GHW OLJJHU WlWW DQ PRW H[SRQHULQJVERUGHW %\W XW SDSSHUHW 3ODFHUD GRNXPHQWHW Vn DWW GHW OLJJHU WlWW DQ PRW H[SRQHULQJVERUGHW (Q I|U P|UN GHQVLWHWLQVWlOOQLQJ KDU YDOWV ([SRQHULQJVERUGHW lU VPXWVLJW 'RNXPHQWHW OnJ LQWH WLOOUlFNOLJW WlWW DQ PRW H[SRQHULQJVERUGHW . RSLDQ lU RW\GOLJ 3DSSHUHW lU IXNWLJW 'RNXPHQWHW OnJ LQWH WLOOUlFNOLJW WlWW DQ PRW H[SRQHULQJVERUGHW 'L'L'L )HOV|NQLQJ 3UREOHP 'HW ILQQV P|UND SULFNDU HOOHU IOlFNDU |YHU KHOD NRSLDQ 0|MOLJ RUVDN ([SRQHULQJVERUGHW lU VPXWVLJW 2ULJLQDOORFNHW lU VPXWVLJ cWJlUG 5HQJ|U H[SRQHULQJVERUGHW PHG HQ PMXN RFK WRUU WUDVD 7RUND DY RULJLQDOORFNHW PHG HQ PMXN WUDVD IXNWDG PHG PLOW UHQJ|ULQJVPHGHO /lJJ HWW WRPW SDSSHUVDUN RYDQSn RULJLQDOHW 'HW ILQQV VWUHFN Sn NRSLDQ 2ULJLQDOGRNXPHQWHW lU WU\FNW Sn HWW JHQRPVNLQOLJW PDWHULDO VRP WH[ IRWRNlQVOLJW R]DOLGSDSSHU HOOHU 2+ DUN 'RNXPHQWHW VRP NRSLHUDV lU GXEEHOVLGLJW 2P GHW RULJLQDO VRP NRSLHUDV lU P\FNHW WXQW PHG WU\FN Sn EnGD VLGRUQD NDQVNH LQIRUPDWLRQHQ Sn EDNVLGDQ RFNVn NRSLHUDV 7U\FN Sn >'HQVLWHW@ RFK YlOM VHGDQ HQ OMXVDUH GHQVLWHW I|U EDNJUXQGHQ 'L'L'L 3UREOHP . RSLDQ lU VQHG 0|MOLJ RUVDN 'RNXPHQWHW lU LQWH NRUUHNW SODFHUDW cWJlUG )HOV|NQLQJ 3ODFHUD GRNXPHQWHW PRW GRNXPHQWOLQMDOHU QD 2P GXSOH[GRNXPHQW PDWDUHQ lU LQVWDOOHUDG MXVWHUD GRNXPHQWOHGDU QD HIWHU GRNXPHQWHWV VWRUOHN gSSQD GXSOH[GRNX PHQWPDWDUHQ RFK SOD FHUD GRNXPHQWHW PRW GRNXPHQWOLQMDOHUQD 'RNXPHQWHW OLJJHU LQWH UlWW L GXSOH[GRNXPHQW PDWDUHQ 5HQJ|U ([SRQHULQJVERUGHW lU VPXWVLJW QlU GX DQYlQ H[SRQHULQJVERUGHW PHG HQ PMXN RFK WRUU WUDVD GHU GXSOH[GRNXPHQW PDWDUHQ 'RNXPHQWOHGDUQD OLJJHU LQWH DQ PRW GRNXPHQWHWV NDQWHU 3DSSHUHW L SDSSHUVNDVVHWWHQ lU UXOODW 'HQ NRSLHUDGH VLGDQ lU UXOODG 3DSSHUHW VRP DQYlQGHV WH[ nWHUYXQQHW SDSSHU EOLU OlWW UXOODW -XVWHUD GRNXPHQWOHGDUQD HIWHU GRNXPHQWHWV NDQWHU 6OlWD XW SDSSHUHW LQQDQ GX OlJJHU L GHW 7D ERUW SDSSHUHW IUnQ NDVVHWWHQ YlQG Sn GHW RFK OlJJ VHGDQ L GHW LJHQ %\W XW SDSSHUHW PRW SDSSHU VRP LQWH lU IXNWLJW 'L'L'L )HOV|NQLQJ 3UREOHP . RSLRUQD KDU VPXWVLJD NDQWHU 0|MOLJ RUVDN 2ULJLQDOORFNHW lU VPXWVLJ cWJlUG 7RUND DY RULJLQDOORFNHW PHG HQ PMXN WUDVD IXNWDG PHG PLOW UHQJ|ULQJVPHGHO 9lOM HWW SDSSHUVIRUPDW VRP lU GHWVDPPD VRP RULJLQDOHWV (OOHU VWlOO LQ ]RRPHQ Sn ³$XWRIRUPDW´ I|U DWW I|UVWRUD NRSLDQ WLOO |QVNDG SDSSHUVVWRUOHN 9lOM HWW SDSSHUVIRUPDW VRP lU GHWVDPPD VRP RULJLQDOHWV 9lOM L DQQDW IDOO HQ SDSSHUVRULHQWHULQJ VRP lU GHQVDPPD VRP RULJLQDOHWV 9lOM HQ ]RRPJUDG VRP MXVWHUDU RULJLQDOHWV IRUPDW WLOO GHW KRV GHW YDOGD SDSSHUHW (OOHU VWlOO LQ ]RRPHQ Sn ³$XWRIRUPDW´ I|U DWW I|UPLQVND NRSLDQ WLOO |QVNDG SDSSHUVVWRUOHN 'HW YDOGD SDSSHUVIRUPDWHW lU VW|UUH lQ GRNXPHQWHW PHG HQ ]RRPJUDG Sn ³×´ 'RNXPHQWHWV RULHQWHULQJ VNLOMHU VLJ IUnQ NRSLDQV RULHQWHULQJ PHG ]RRPHQ LQVWlOOG Sn ³×´ . RSLDQ I|UPLQVNDGHV Vn DWW GHQ EOHY PLQGUH lQ SDSSHUHW HQ DQSDVVDG ]RRP KDU DQJLYLWV 2P SUREOHPHW HM nWJlUGDWV WURWV DWW RYDQQlPQGD PRPHQW XWI|UWV NRQWDNWD GLQ VHUYLFHWHNQLNHU 'L'L'L 2P NRSLDWRUQ LQWH IXQJHUDU NRUUHNW 3UREOHP , QJHQWLQJ YLVDV Sn SHNVNlUPHQ 0|MOLJ RUVDN 2P HQGDVW GHQ JU|QD LQGLNDWRUQ O\VHU Sn WDQJHQWHQ >6WDUW@ lU NRSLDWRUQ L HQHUJLVSDUOlJH HOOHU YLOROlJH . RSLDWRUQ KDU LQWH NRSSODWV WLOO cWJlUG )HOV|NQLQJ 7U\FN Sn YDOIUL WDQJHQW Sn PDQ|YHUSDQHOHQ I|U DWW DYEU\WD HQHUJLVSDUOlJHW . RQWUROOHUD DWW NRSLDWRUQV KXYXGVWU|PEU\WDUH KDU VWlOOWV Sn ³, ´ RFK DWW GHQ VHNXQGlUD VWU|PEU\WDUHQ lU LQWU\FNW 9ULG Sn NRQWUDVWUDWWHQ VDPWLGLJW VRP GX WLWWDU Sn VNlUPHQ 6WlOO NRSLDWRUQV VWU|PEU\WDUH L OlJHW ³2´ RFK DQVOXW VNDQQHUQV QlWNDEHO RFK JUlQVVQLWWVNDEHO LJHQ $QJH nWNRPVWNRGHQ HQOLJW SURFHGXUHQ VRP EHVNULYV L ³. RSLHUD PRW NRQWR´ 7U\FN Sn >-REEOLVWD@ I|U DWW VH YLOND MREE VRP VWnU L N| 9lQWD WLOOV XWVNULIWHQ SnE|UMDV 'HW WDU FD VHNXQGHU I|U NRSLDWRUQ DWW EOL YDUP HIWHU GHW DWW GHQ VWDUWDWV 9lQWD WLOOV NRSLDWRUQ KDU YlUPWV XSS )|OM GH HYHQWXHOOD LQVWUXNWLRQHU VRP YLVDV Sn SHNVNlUPHQ 7U\FN Sn WDQJHQWHQ >3DXV@ I|U DWW DYEU\WD SDXVOlJHW 3HNVNlUPHQV NRQWUDVWNQDSS lU I|U OMXV HOOHU P|UN 6NDQQHUQV QlWVODGG HOOHU JUlQVVQLWWVNDEHO lU LQWH DQVOXWHQ , QGLNDWRUQ Sn WDQJHQWHQ >6WDUW@ O\VHU LQWH JU|QW , QJHQ nWNRPVWNRG KDU DQJHWWV bYHQ RP WDQJHQWHQ >6WDUW@ WU\FNWV QHU J|UV LQJD NRSLRU . RSLHULQJV XWVNULIWVMREEHW VWnU Sn N| RFK YlQWDU Sn XWVNULIW . RSLDWRUQ KnOOHU IRUWIDUDQGH Sn DWW YlUPDV XSS 'HW lU IHO Sn NRSLDWRUQ . RSLDWRUQ NDQ LQWH VWlOODV LQ Sn NRSLHULQJVIXQNWLRQHQ . RSLDWRUQ lU L SDXVOlJH LQGLNDWRUQ ³3DXV´ O\VHU 'L'L'L )HOV|NQLQJ 3UREOHP . RSLDWRUQ NDQ LQWH NRSSODV WLOO 0|MOLJ RUVDN 1lWVODGGHQ KDU GUDJLWV XW XU HOXWWDJHW %U\WDUHQ I|U VWU|PNUHWVHQ KDU XWO|VWV cWJlUG $QVOXW QlWVODGGHQ WLOO HWW YlJJXWWDJ 6WlQJ EU\WDUHQ I|U VWU|PNUHWVHQ 2P SUREOHPHW NYDUVWnU WURWV GH EHVNULYQD DUEHWHQD NRSSOD LIUnQ NRSLDWRUQ GUD XU QlWVODGGHQ RFK NRQWDNWD GLQ VHUYLFHWHNQLNHU 'L'L'L )HOV|NQLQJ 'L'L'L %LODJD %LODJD 7HNQLVND VSHFLILNDWLRQHU . RSLDWRU 'L'L'L 6SHFLILNDWLRQ 7\S %RUG 7UXPPD . RSLHULQJVV\VWHP )UDPNDOOQLQJVV\VWHP )L[HULQJVV\VWHP 8SSO|VQLQJ 'RNXPHQW 3DSSHUVW\SHU 6NULYERUG )DVW H[SRQHULQJVERUG VSHJHOVNDQQLQJ 2UJDQLVN 'LJLWDO ODVHUNRSLHULQJ 07+*IUDPNDOOQLQJ 7U\FNYDOVIL[HULQJVV\VWHP GSL 7\SHU DUN E|FNHU 6WRUOHN PD[ $ / 9LNW NJ 9DQOLJW SDSSHU JPa JP 5HWXUSDSSHU JPa JP 6SHFLDOSDSSHU WMRFNW SDSSHU JPa JP 2+DUN Y\NRUW NXYHUW RFK HWLNHWWHU . DQ HQGDVW PDWDV LQ YLD GHW PDQXHOOD LQPDWQLQJVERUGHW 3DSSHUVPDWDUH 0HWULVNW $ / % / $ /& $ / %UHGG PPa PP /lQJG PPa PP , WXP /HGJHU / × / /HJDO / × / /HWWHU /& × /& %UHGG WLOO WXP /lQJG WLOO WXP 2P OlQJGHQ lU LQVWlOOG PHOODQ PP RFK PP VWlOO LQ HQ EUHGG Sn PLQGUH lQ PP 2P EUHGGHQ lU LQVWlOOG Sn PP RFK PP VWlOO EUHGGHQ Sn PLQGUH lQ PP 0DQXHOOW LQPDWQLQJVERUG %UHGG PPa PP /lQJG PPa PP 3DSSHUVIRUPDW 'L'L'L 6SHFLILNDWLRQ 3DSSHUVNDSDFLWHW %LODJD 3DSSHUVPDWDUH 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU DUN JP 0DQXHOOW LQPDWQLQJVERUG 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU DUN 6SHFLDOSDSSHU DUN . XYHUW DUN 0LQGUH lQ VHNXQGHU YLG UXPVWHPSHUDWXU & 'L 0LQGUH lQ VHNXQGHU )|U $ &SDSSHU ODGGDG L NDVVHWW 'L'L 0LQGUH lQ VHNXQGHU )|U $ &SDSSHU L NDVVHWW 'L )|U $ &SDSSHU L NDVVHWW DUNPLQ 'L )|U $ &SDSSHU L NDVVHWW DUNPLQ 'L )|U $ &SDSSHU ODGGDGH L NDVVHWW DUNPLQ 6NDOD î )|UVWRULQJVJUDGHU î î î RFK î )|UPLQVNQLQJVJUDGHU î î î î =RRPJUDGHU IUnQ î WLOO î L VWHJ RP î WLOO DUN 'L WLOO DUN 'L 'L $XWRPDWLVN PDQXHOO RFK PDQXHOOW IRWR )UDPNDQW PP %DNNDQW PP %DNNDQW PP 6LGNDQW PP 9 $ +] 0LQGUH lQ : 'L ZKK 'L ZKK 'L ZKK PP î PP î PP 0% NJ RKP RP HQ GDWDHQKHW ILQQV 8SSYlUPQLQJVWLG )|UVWD NRSLDQ . RSLHULQJVKDVWLJKHW )|UVWRULQJVJUDGHU 0XOWLNRSLHULQJ 7lWKHWVNRQWUROO %LOGI|UOXVW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ (QHUJLI|UEUXNQLQJ 'LPHQVLRQHU 0LQQH 9LNW '&UHVLVWDQV (QHUJLHIIHNWLYLWHW QlU HQHUJLVSDUOlJHW lU LQVWlOOW Sn PLQXW RFK YLOROlJHW lU LQVWlOOW Sn PLQXW 'L'L'L %LODJD 'XSOH[GRNXPHQWPDWDUH $)5 6SHFLILNDWLRQ 'RNXPHQWPDWQLQJV PHWRGHU 3DSSHUVW\S 9DQOLJW SDSSHU HQNHO RFK GXEEHOVLGLJD GRNXPHQW ³$YNlQQLQJ ROLND RULJ´ (QNHO RFK GXEEHOVLGLJD GRNXPHQW DY ROLND IRUPDW 9DQOLJW SDSSHU JPa JP ³)XQNWLRQHQ´ $YNlQQLQJ ROLND RULJ JPa JP 9DQOLJW SDSSHU $ / % / $ /& % /& $ & 2OLND GRNXPHQWIRUPDW ³)XQNWLRQHQ´ $YNlQQLQJ ROLND RULJ 0D[ DUN JP )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ 3DSSHUVIRUPDW 'RNXPHQWPDWDUHQV NDSDFLWHW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 'XSOH[HQKHW $' 6SHFLILNDWLRQ 3DSSHUVW\S 3DSSHUVIRUPDW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 9DQOLJW SDSSHU JPa JP $ / % / $ /& $ / )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ 'L'L'L 9lQGHQKHW 6% 6SHFLILNDWLRQ 3DSSHUVW\S 3DSSHUVIRUPDW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 9DQOLJW SDSSHU JPa JP $ / % / $ /& $ / )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ %LODJD 3DSSHUVNDVVHWWVNnS 3) 6SHFLILNDWLRQ 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP $ / % / $ /& % /& DUN JP )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ YlJDUV SDSSHUVNDVVHWWVNnS 3) 6SHFLILNDWLRQ 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP $ / % / $ /& % /& DUN JP î NDVVHWWHU )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ 'L'L'L %LODJD 6WRUNDVVHWW 3) 6SHFLILNDWLRQ 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 9DQOLJW SDSSHU JPa JP $ & DUN JP )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP &D NJ 'L'L'L , QE\JJG HIWHUEHKDQGODUH )1 6SHFLILNDWLRQ 8WPDWQLQJVIDFN , QVWlOOQLQJDU . DVVHWW %LODJD 1RUPDOD IXQNWLRQHU , QVWlOOQLQJDU I|U ³, FNH6RUW´ ³6RUW´ ³6RUW´³+lIWQLQJ´ ³*UXSS´ RFK ³0LWWKlIWQLQJ´ +nOVODJVIXQNWLRQHU ³, FNH6RUW´³+nOVODJ´ ³6RUW´ ³+nOVODJ´ RFK ³6RUW´³+lIWQLQJ´³+nOVODJ´ 9DQOLJW SDSSHU JPa JP 9\NRUW JP . XYHUW 2+DUN RFK HWLNHWWHU $ / % / $ /& % /& $ /& % / $ / . DVVHWW 9DQOLJW SDSSHU $ / HOOHU PLQGUH 0D[ DUN 9\NRUW NXYHUW 2+DUN RFK HWLNHWWHU 0D[ DUN . DVVHWW 9DQOLJW SDSSHU $ / HOOHU PLQGUH 0D[ DUN % / 0D[ DUN 9\NRUW NXYHUW 2+DUN RFK HWLNHWWHU 0D[ DUN 7lWWVNULYHW SDSSHU DUN $QWDO KnO VRP VOnV )UnQ NRSLDWRUQ 0LQGUH lQ : PP î PP î PP 9lUGHQD LQRP SDUHQWHV JlOOHU RP HQ PHGLDNDVVHWW ILQQV LQVWDOOHUDG &D NJ LQNOXVLYH GHQ KRULVRQWDOD WUDQVSRUWHQKHWHQ KlIWNODPPHUEHKnOODUH 06' KlIWNODPUDU 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW ³+lIWQLQJVLQVWlOOQLQJDU´ ³+nOVODJQLQJVLQVWlOOQLQJ´ WLOOYDO 6WU|PI|UV|UMQLQJ (IIHNWI|UEUXNQLQJ 'LPHQVLRQHU 9LNW 7LOOEHK|U 'L'L'L %LODJD ([WUD IDFNHQKHW $. 6SHFLILNDWLRQ $QWDO IDFN 3DSSHUVNDSDFLWHW 'LPHQVLRQHU 9LNW IDFN 9DQOLJW SDSSHU JPa JP 0D[ DUN 9\NRUW NXYHUW 2+DUN HWLNHWWHU 0D[ DUN PP î PP î PP &D NJ 3RVWIDFNVHQKHW 0. 6SHFLILNDWLRQ $QWDO IDFN 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 'LPHQVLRQHU 9LNW 6WU|PI|UV|UMQLQJ IDFN 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP $ & % & $ / 0D[ DUN JP î PP î PP î PP &D NJ YLNW HQVNLOG HQKHW PLQGUH lQ NJ WRWDO YLNW . RPPHU IUnQ HIWHUEHKDQGODUH +nOVODJVHQKHW 3. 6SHFLILNDWLRQ $QWDO KnO VRP VOnV 3DSSHUVIRUPDW 3DSSHUVW\S 6WU|PI|UV|UMQLQJ 'LPHQVLRQHU 9LNW KnO $ / $ & % / 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP . RPPHU IUnQ HIWHUEHKDQGODUH PP î PP î PP &D NJ 'L'L'L 0LWWKlIWQLQJVDQRUGQLQJ 6. 6SHFLILNDWLRQ $QWDO IDFN 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 'LPHQVLRQHU IDFN %LODJD 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP $ / % / $ / % / 9DQOLJW SDSSHU JPa JP DUN PP î PP î PP 9lUGHQD LQRP SDUHQWHV JlOOHU RP HQ PHGLDNDVVHWW ILQQV LQVWDOOHUDG NJ 0$; KlIWNODPPHUEHKnOODUH QU KlIWNODPUDU . RPPHU IUnQ HIWHUEHKDQGODUHQ 9LNW 7LOOEHK|U 6WU|PI|UV|UMQLQJ -REEVHSDUHUDUH -6 6SHFLILNDWLRQ $QWDO IDFN 3DSSHUVW\S 3DSSHUVIRUPDW 3DSSHUVNDSDFLWHW 'LPHQVLRQHU 9LNW IDFN NRSLDWRUQV NDVVHWWHU EHKDQGODV VRP IDFN 9DQOLJW SDSSHU nWHUYXQQHW SDSSHU JPa JP $ / % / $/& %/& $ /& -6 DUN . RSLHXWPDWQLQJVIDFN DUN PP î PP î PP &D NJ 'L'L'L %LODJD 8QGHUKnOO DY NRSLDWRUQ 5HQJ|ULQJ 6WlOO NRSLDWRUQV KXYXGVWU|PEU\WDUH Sn ³2´ LQQDQ GHQ UHQJ|UV 8WYlQGLJD GHODU § 5HQJ|U \WDQ Sn DOOD XWYlQGLJD GHODU PHG HQ PMXN IXNWLJ WUDVD $QYlQG HWW PLOW UHQJ|ULQJVPHGHO ([SRQHULQJVERUG § 5HQJ|U H[SRQHULQJVERUGHW PHG HQ PMXN WRUU WUDVD 0DQ|YHUSDQHO § 5HQJ|U PDQ|YHUSDQHOHQ PHG HQ PMXN WRUU WUDVD 2EVHUYHUD 7U\FN LQWH I|U KnUW Sn PDQ|YHUSDQHOHQ HOOHU SHNVNlUPHQ HIWHUVRP GH Gn NDQ VNDGDV $QYlQG DOGULJ UHQJ|ULQJVPHGHO HOOHU JODVUHQJ|ULQJVPHGHO YLG UHQJ|ULQJ DY PDQ|YHUSDQHOHQ HOOHU SHNVNlUPHQ 'L'L'L ([SRQHULQJVERUG %LODJD 5HQJ|U H[SRQHULQJVERUGHW PHG HQ PMXN WRUU WUDVD )XQNWLRQVNRPELQDWLRQVWDEHOO )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ 7DEHOOHU |YHU SDSSHUVIRUPDW RFK ]RRPJUDGHU )|U \WWHUOLJDUH LQIRUPDWLRQ VH NDSLWHO L GHQ XW|NDGH LQVWUXNWLRQVERNHQ Sn &'5VNLYDQ )|UEUXNQLQJVPDWHULDO )|U DWW KnOOD PDVNLQHQ L JRWW VNLFN EHK|YV I|OMDQGH I|UEUXNQLQJVPDWHULDO )|U ElVWD NYDOLWHW Sn NRSLRUQD UHNRPPHQGHUDU YL DWW GHW DQJLYQD I|UEUXNQLQJVPDWHULDOHW DQYlQGV . RQWDNWD GLQ VHUYLFHUHSUHVHQWDQW I|U LQIRUPDWLRQ HOOHU LQN|S DY I|UEUXNQLQJVPDWHULDO 3DSSHU )|UXWRP YDQOLJW SDSSHU ILQQV RFNVn WMRFNW SDSSHU RFK 2+ILOP 2EVHUYHUD 2|SSQDW SDSSHU E|U VN\GGDV IUnQ IXNW JHQRP DWW I|UYDUDV L HQ SODVWSnVH Sn HQ P|UN RFK VYDO SODWV 'L'L'L %LODJD 7RQHUEHKnOODUH 7RQHU lU GHW VYDUWD SXOYHU VRP ELOGDU WH[W RFK OLQMHU 2EVHUYHUD $QYlQG EDUD WRQHU VRP lU VSHFLHOOW DQSDVVDG I|U GHQ KlU NRSLDWRUQ . DVWD LQWH DQYlQGD WRQHUSDWURQHU /nW GHP YDUD NYDU L I|USDFNQLQJHQ RFK OlPQD LQ GHP WLOO GLQ VHUYLFHWHNQLNHU +lIWNODPPHUEHKnOODUH 06' I|U HIWHUEHKDQGODUHQ +lIWNODPUDU +lIWNODPPHUEHKnOODUHQ U\PPHU KlIWNODPUDU 06& I|U PLWWKlIWQLQJVDQRUGQLQJHQ +lIWNODPUDU +lIWNODPPHUEHKnOODUHQ U\PPHU KlIWNODPUDU 'L'L'L , QGH[ %LODJD SXQNWVKlIWQLQJ YlJDUV SDSSHUVNDVVHWW $ cWJlUGD KlIWNODPPHUVWRSS cWNRPVW $WW WlQND Sn YLG DQYlQGDQGHW $XWRPDWLVN SDQHOnWHUVWlOOQLQJ $XWRPDWLVNW YDO DY SDSSHUVNlOOD $YEU\WD HQ NRSLHULQJ % %RN %\WD WRQHUEHKnOODUH %\WH DY KlIWNODPPHUEHKnOODUH (IWHUEHKDQGODUH 0LWWKlIWDUH ' 'RNXPHQWIRUPDW PHG ROLND EUHGG 'RNXPHQWOHGDUH 'RNXPHQWOLQMDOHU 'RNXPHQWXWPDWQLQJVERUG 'ULIWPLOM| 'XEEHOL 'XEEHOL 'XEEHOVLGLJ 'XSOH[GRNXPHQWPDWDUH 'XSOH[GRNXPHQWPDWDUH $)5 'XSOH[HQKHW 'XSOH[HQKHW $' 'XSOH[HQKHWHQV OXFND 'L'L'L %LODJD ( (IWHUEHKDQGODUH (JHQ SDSSHUVVWRUOHN (QHUJLVSDUOlJH (QNHOL (QNHOL (QNHOVLGLJ ([SRQHULQJVERUG ([WUD IDFNHQKHW ([WUD IDFNHQKHW $. ) )DOVLQVWlOOQLQJ )|UEUXNQLQJVPDWHULDO )|UVWRUD SHNVNlUPHQV ELOG )ULJ|ULQJVKDQGWDJ Sn GHQ QHGUH OXFNDQ WLOO K|JHU )ULJ|ULQJVKDQGWDJHW Sn GHQ K|JUD VLGROXFNDQ )ULJ|ULQJVNQDSS I|U NDVVHWWHQ )URQWOXFND )XQNWLRQHU I|U VWDQGDUGNRSLHULQJ )XQNWLRQVNRPELQDWLRQVWDEHOO * *UXQGLQVWlOOQLQJDU *UXSSHULQJ + +lIWNODPPHUEHKnOODUH +nOVODJQLQJ +nOVODJVHQKHW +nOVODJVHQKHW 3. [. . . ] 6 6NnS 6NlUPELOGHQ 8WVNULIWVOLVWD 6NlUPIOLNDU 6NULYDUNRQWUROOHQKHW 6RUWHULQJ 6WRSSD NRSLHULQJ 'L'L'L %LODJD 6WRUNDVVHWW 6WRUNDVVHWW 3) 6WU|PEU\WDUH 6WU|PI|UV|UMQLQJ 7 7HNQLVND VSHFLILNDWLRQHU 7LOOJlQJOLJD IXQNWLRQHU RFK LQVWlOOQLQJDU 7|PPD OnGDQ I|U KnOVODJQLQJVUHVWHU 7RQHUEHKnOODUH 8 8QGHUKnOO DY NRSLDWRUQ 8WPDWQLQJVIDFN 8WPDWQLQJVIDFN 8WPDWQLQJVIDFN 8WPDWQLQJVIDFN 8WU\PPHVNUDY 8WVNULIWVLQGLNDWRU 8WVNULIWVRPUnGH 9 9DOGD LQVWlOOQLQJDU 9lQGHQKHW 9l[HOYLV JUXSSHULQJ 9l[HOYLV VRUWHULQJ 9LOROlJH < <WWHUOLJDUH PHGGHODQGHI|QVWHU = =RRPLQVWlOOQLQJ 'L'L'L %LODJD 'L'L'L [. . . ]

ANVÄNDARVILLKOR FÖR ATT LADDA NER INSTRUKTIONSBOKEN KONICA MINOLTA DI3510

Lastmanuals erbjuder en användarunderstödd plattform för att dela, lagra och söka manualer för hård- och mjukvara: instruktionsböcker, bruksanvisningar, snabbstarter, datablad...
Lastmanuals kan inte på något sätt hållas ansvarigt för att det dokument du söker saknas, är inkomplett, på ett annat språk än ditt eget eller om modellbeteckning eller språk inte stämmer med beskrivningen. Lastmanuals tillhandahåller ingen översättningsservice.

Klicka på ”Ladda ner manualen” i slutet av texten för att godkänna användarvillkoren. Nedladdningen startar genast.

Leta efter manual

 

Copyright © 2015 - LastManuals - Med ensamrätt.
Varumärken och produktnamn är respektive rättsinnehavares egendom.

flag