'(5*,*$17921$7/$17,6 $OVGLHEHLGHQ6FKHLQZHUIHUVWUDKOHQGXUFKGDVHLQJHVFKDOWHWH )HUQOLFKW]XJUHOOHQ/LFKWVSHHUHQZ...
12 downloads
442 Views
248KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
'(5*,*$17921$7/$17,6 $OVGLHEHLGHQ6FKHLQZHUIHUVWUDKOHQGXUFKGDVHLQJHVFKDOWHWH )HUQOLFKW]XJUHOOHQ/LFKWVSHHUHQZXUGHQXQGPLFKEOHQGHWHQGD ZXWHLFKGDPDQPLFKW|WHQZROOWH :HUUDVWHVFKRQPLWVROFKKRKHU*HVFKZLQGLJNHLWGXUFKGLH HQJH6WUDH"'DVEXFNOLJH.RSIVWHLQSIODVWHU]HUVW|UWHGRFKMHJ OLFKH)DKUIUHXGH 'LFKWDQGLFKWVWDQGHQGLH+lXVHU]XEHLGHQ6HLWHQ'DJDEHV NHLQH(LQIDKUWXQGDXFKNHLQH/FNHLQGLHLFKPLFKKlWWHKLQHLQ ZHUIHQN|QQHQ 'LH/LFKWNHJHOH[SORGLHUWHQYRUPHLQHQ$XJHQ]XJUHOOHQ 6RQQHQXQGZHQQPLULQGHQQlFKVWHQ]ZHL6HNXQGHQQLFKWVHLQ ILHOZUGHPLFKGLHVHVVFKZDU]HUDVHQGH8QJHKHXHUEHUUROOHQ (LQIDKUWHQJDEHVQLFKWDEHU7UHQ 8QGLQHLQHOLHLFKPLFKKLQHLQIDOOHQ6LHEHJUHQ]WHGLH 5FNVHLWHHLQHU1LVFKHLFKNUDFKWHJHJHQGDV+RO]XQGKDWWH $QJVWGDLFKGXUFKGLH*HJHQUHDNWLRQZLHGHUQDFKYRUQJHZRU IHQZXUGH'RFKGDQQK|UWHLFKGDV6SOLWWHUQDOVGDV7UKRO] EUDFKXQGLFKPLWGHP(OOERJHQGXUFKHLQHgIIQXQJVWLH ,PQlFKVWHQ$XJHQEOLFNZDUGHU:DJHQYRUEHL (LQ6FKDWWHQDXVGHPJUHOOGLHEHLGHQ/LFKWHUVWDFKHQ,FKVSU WHGHQ/XIW]XJGHUPLFKQRFKVWlUNHULQGLH1LVFKHSUHWHXQG PHLQH.OHLGXQJIODWWHUQOLH'DQDFKU|KUWHQXUQRFKGHU0RWRU XQGDXFKGLHVHV*HUlXVFKYHUNODQJ 'DIUMHGRFKTXLHWVFKWHQGLHGLFNHQ5HLIHQXQGUXWVFKWHQEHU GDV3IODVWHU+DUWZXUGHGHU:DJHQDEJHEUHPVW(UVFKLHQKLHULQ GHU6WUDHVHLQ=LHOJHIXQGHQ]XKDEHQ ,FKODJQRFKXQWHUGHQ%UHWWHUQKDOEEHJUDEHQXQGKDWWH0KH PLFK]XEHIUHLHQ +LQWHUPLUEHJDQQHLQGVWHUHU)OXULQGHPHVPXIILJVWDQN $XFKK|UWHLFKHLQH6WLPPH ª9HUGDPPWQRFKPDOZHUKDWGHQQMHW]WVFKRQZLHGHUGLH VFKHL7UHLQJHKDXHQ.ULHJWPDQGHQQKLHUQLH5XKH"© ,FKJDEOLHEHUNHLQH$QWZRUWVRQGHUQEHPKWHPLFKZHLWHUKLQ DXVGHQ7UPPHUQ]XNOHWWHUQ :lKUHQGGLHVHV9HUVXFKVGDFKWHLFKGDUEHUQDFKZHVKDOELFK HLJHQWOLFKLQGLHVHUPLHVHQ*DVVHJHODQGHWZDU (VJLQJXP0RQVWHUPHQVFKHQ6RMHGHQIDOOVEHKDXSWHWHQHLQLJH =HXJHQ/DXWLKUHU$XVVDJHQVROOWHQGLH0RQVWHUPHQVFKHQDQJHE
OLFKLQGLHVHP9LHUWHODXIJHWDXFKWVHLQ(VZDUHQ]ZDUNHLQH JUQHQ0lQQFKHQYRP0DUVQXU7\SHQGLHHLQHQQRUPDOHQ PHQVFKOLFKHQ.|USHUEHVDHQDEHUHLQ*HVLFKWGDVDQHLQH 0LVFKXQJ]ZLVFKHQ1DVKRUQXQG'UDFKHQHULQQHUWH*UQ VFKXSSLJXQGLQGHU*HVLFKWVPLWWHPLWHLQHP+RUQYHUVHKHQGDV OHLFKWQDFKREHQJHERJHQKHUYRUVWDFK$XJHQKDWWHQGLHVH:HVHQ HEHQIDOOV.OHLQHIXQNHOQGH3XSLOOHQGLHHLQH)DUEPLVFKXQJ ]ZLVFKHQ6FKZDU]XQG%UDXQ]HLJWHQ 6RHU]lKOWHQGLH=HXJHQ 'LH0HOGXQJKDWWH]XHUVWGDV]XVWlQGLJH3ROL]HLUHYLHULQGLHVHU *HJHQGHQWJHJHQJHQRPPHQ'LH%HDPWHQODFKWHQGDUEHUPHO GHWHQGHQ9RUIDOODEHUWURW]GHPZHLWHUXQGVFKOLHOLFKODQGHWHGLH 6DFKHDXIPHLQHP6FKUHLEWLVFK 9RQ6XSHULQWHQGHQW6LU-DPHV3RZHOOHUKLHOWLFKGHQ$XIWUDJ PLFKGDUXP]XNPPHUQ 8QGGHVKDOEZDULFKKLHU $OOHUGLQJVQLFKWDOOHLQ0HLQ)UHXQGXQG3DUWQHU6XNRKLHOWVLFK HLQHQ+lXVHUEORFNHQWIHUQWDXIZR=HXJHQHEHQIDOOVGLHVHNRPL VFKHQ0RQVWHUJHVHKHQKDWWHQ *UQXQGVFKXSSLJPLWHLQHP+RUQYHUVHKHQ 6DFKHQJDEHV$EHULFKZXQGHUWHPLFKEHUQLFKWV 1RFKZDUQLFKWVEHZLHVHQGHQQGHU$QJULIIDXIPLFKNRQQWH DXFKY|OOLJDQGHUH*UQGHJHKDEWKDEHQ$EHUPLUZDUHVLQ]ZL VFKHQJHOXQJHQPLFKDXVGHQ7UPPHUQ]XEHIUHLHQ ,FKNORSIWHPHLQHQ0DQWHODE(LQLJH6Sl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
'HU,QQHQUDXPZDUOHHU 'HQ:DJHQLGHQWLIL]LHUWHLFKDOVHLQHQVFKZDU]HQ0HUFHGHVGHU REHUHQ3UHLVNODVVH:DKUVFKHLQOLFKZDUHUJHVWRKOHQ ,FKSURELHUWHGLH7U]X|IIQHQ 6LHZDURIIHQ ,FKNRQQWHHVQLFKWODVVHQXQGVWHFNHPHLQHQ.RSILQGDV,QQHUH 6RIRUWILHOPLUGHU*HUXFKDXI (UZDULUJHQGZLHVHOWVDPPLWEHNDQQWHQ*HUFKHQXQG'IWHQ EHUKDXSWQLFKW]XYHUJOHLFKHQ(VURFKDXFKQLFKWQDFK0RGHU RGHU9HUZHVXQJHKHUQDFKHLQHPUDQ]LJHQ.FKHQGXIW ,FKVFKORGLH7UZLHGHU /HLGHUKDWWHLFKQLFKWJHVHKHQZLHYLHOH3HUVRQHQLQGHP:DJHQ JHVHVVHQKDWWHQDEHUYRQDOOHLQZDUHUVLFKHUOLFKQLFKWJHIDKUHQ ,FKGUHKWHPLFKXPXQGOLHPHLQHQ%OLFNEHUGLH+DXVIURQWHQ JOHLWHQ 8PGLHVH=HLWIDVWHLQH6WXQGHQDFK0LWWHUQDFKWEUDQQWHKLQWHU GHQPHLVWHQ6FKHLEHQNDXP/LFKW$OOHVZDUGXQNHOQXUKLQXQG ZLHGHUVDKLFKHLQHQKHOOHUHQ6FKHLQ 'DGLH+lXVHUVHKUHQJQHEHQHLQDQGHUVWDQGHQKDWWHLFKSUDN WLVFKGUHL7UHQ]XU$XVZDKOZRGLH)DKUHURGHU0LWIDKUHUKlWWHQ YHUVFKZLQGHQN|QQHQ 'DZDUJXWHU5DWWHXHU $OVLFKPLFKQLFKWGLUHNWHQWVFKHLGHQNRQQWHQDKPLFKGLHPLWW OHUH7U 0LWGHP+DQGEDOOHQGHU/LQNHQGUFNWHLFKVLHDXIZlKUHQG LFKPHLQH5HFKWHLQGLH7DVFKHYHUVHQNWKDWWHXQGGLH)LQJHUGRUW GHQ*ULIIGHU%HUHWWDXPNODPPHUWHQ 'XQNHOKHLW ,UJHQGZLHZDWWLJXQGJHVSHQVWLVFKNDPVLHPLUYRU(LQ6FKDXHU OLHIPLUEHUGHQ5FNHQKLHUNRQQWHDOOHVODXHUQQXUQLFKWV *XWHV,FKKROWHPHLQH0LQLODPSHKHUYRUVFKDOWHWHVLHHLQXQGOLH GHQILQJHUEUHLWHQ6WUDKOODQJVDPZDQGHUQ (UVWULFKEHUHLQHQVFKPXW]LJHQ)XERGHQDXIGHPLFKNHLQHU OHL6SXUHQRGHU+LQZHLVHHUNHQQHQNRQQWH=DKOUHLFKH+DXV EHZRKQHUKDWWHQKLHULKUHQ$EIDOOKLQWHUODVVHQ (LQH7UHSSH $OWEUFKLJK|O]HUQ6LHVWDFKLQGLH+|KH,KUJHJHQEHUODJHQ PHKUHUH7UHQKLQWHUGHQHQLFKNHLQHUOHL*HUlXVFKHYHUQDKP
,FKZROOWHGDV+DXVGXUFKVXFKHQXQGVFKULWWODQJVDPGLHPRU VFKHQ6WXIHQKRFK 6LHlFK]WHQXQWHUPHLQHP*HZLFKWERJHQVLFKGXUFKKLHOWHQ DEHU$XIGHPHUVWHQ$EVDW]EOLHELFKVWHKHQXQGEOLFNWHKRFK (VZDUKLHUQLFKWPHKUVRGXQNHODEHUDXFKQLFKWVWLOO8QWHU PHKUHUHQ7UHQGUDQJ/LFKWVFKHLQKHUYRUGHUHLQ6WUHLIHQPXVWHU DXIGHQ%RGHQ]HLFKQHWH 'DQQK|UWHLFKGDV6W|KQHQ 'DV*HUlXVFKNDQQWHLFKXQGPHLQHU$QVLFKWQDFKZDUHVKLQ WHUGHUHUVWHQ7UOLQNVKHUYRUJHGUXQJHQ 6ROOWHQGLHXQEHNDQQWHQ)DKUHUGHV:DJHQVVLFKGRUWYLHOOHLFKW YHUVWHFNWKDOWHQ" ,FKZROOWHHVJHQDXZLVVHQ %HYRULFKMHGRFKJLQJK|UWHLFKGDVOHLVH3LHSHQ6XNRPHOGHWH VLFK:LUVWDQGHQSHU:DONLHWDONLHPLWHLQDQGHULQ9HUELQGXQJ ,FK]RJGDVIODFKH*HUlWDXVGHU7DVFKHXQGZLVSHUWH ª:DVLVW ORV"© ª%HLPLULVWDOOHVUXKLJ© ª+LHUDEHUQLFKW©,Q6WLFKZRUWHQHUNOlUWHLFKGHP&KLQHVHQ ZDVVLFKHUHLJQHWKDWWH ª6ROOLFKNRPPHQ"© ª:lUHEHVVHU© ª2ND\-RKQ:LOOVWGXZDUWHQ"© ª1HLQLFKGULQJHLQGLH:RKQXQJHLQ'DV6W|KQHQNODQJPLU YHUGDPPWHFKW© ª9LHO*OFN(QGH© ,FKVWHFNWHGDV*HUlWZLHGHUZHJ0LW]ZHL6FKULWWHQVWDQGLFK YRUGHUEHZXWHQ7U 0HLQH+DQGOHJWHVLFKZLHYRQVHOEVWDXIGLH.OLQNH ,FKGUFNWHVLHQDFKXQWHQXQGNRQQWHGLH7UDXIVWRHQ 0LWVFKXEHUHLWHU%HUHWWDEHWUDWLFKGHQ5DXP (LQH/DPSHEUDQQWH,KU/LFKWZXUGHGXUFKHLQHQJUQHQ 6FKLUPJHGlPSIWVRGDGDV=LPPHUQLFKWYROOVWlQGLJHUOHXFKWHW ZXUGH 'LH/DPSHVWDQGDXIHLQHPNOHLQHQ7LVFKGHUZLHGHUXPVHLQHQ 3ODW]]ZLVFKHQGHPDOWHQ0HWDOOEHWWXQGHLQHPZDFNOLJHQ 6FKUDQNJHIXQGHQKDWWH 9RQGHP%HZRKQHUNHLQH6SXU
$EHUHVJDEQRFKHLQH7U]XP1HEHQUDXP6LHVWDQGVSDOWEUHLW RIIHQ9RQGRUWK|UWHLFKDXFKGLH*HUlXVFKH .HKOLJH/DXWHNUlFK]HQGDXVJHVSURFKHQQLFKW]XYHUVWHKHQ PLUDEHUGHQQRFKEHNDQQW 6RVSUDFKHQ'lPRQHQ 3O|W]OLFKVWHFNWHLFKZLHGHUPLWWHQLQHLQHP)DOO0HLQ.|USHU VSDQQWHVLFKLFKZDUlXHUVWNRQ]HQWULHUWDOVLFKPLFKGHU]ZHL WHQ7UQlKHUWH 0HLQH*XPPLVRKOHQYHUXUVDFKWHQNHLQ*HUlXVFKVRGDLFK XQJHK|UWELV]XU7UJHODQJWHXQGVLHDXIVWRHQNRQQWH $XFKLQGHP]ZHLWHQ=LPPHUEUDQQWHHLQH/DPSH6LHJDEQRFK ZHQLJHU/LFKW 7URW]GHPVDKLFKGLHEHLGHQ*HVWDOWHQGLHPLUGHQ5FNHQ ]XZDQGWHQXQGDXIHLQHQGULWWHQ0DQQVWDUUWHQGHUDP%RGHQ ODJGLH%HLQHDQJH]RJHQKDWWHXQGVW|KQWH 'LHEHLGHQPXWHQLKQJHTXlOWKDEHQ ,QPLUYHUHLVWHHWZDVGHQQZHQQLFKHLQVQLFKWOHLGHQNRQQWH ZDUHVGLH8QWHUGUFNXQJ6FKZlFKHUHU ª:DVJHKWKLHUYRU"©SHLWVFKWHPHLQH6WLPPH 'LHEHLGHQ(LQGULQJOLQJHUHDJLHUWHQHUVWHLQPDOJDUQLFKW6WHLI EOLHEHQVLHVWHKHQ 6LHZDQGWHQPLUGHQ5FNHQ]XXQGLFKNRQQWHHLQHQ6FKULWWLQ GDV=LPPHUJHKHQ 'DQQHUVWGUHKWHQVLHVLFKXP /DQJVDPDOVZROOWHQVLHGDVULFKWLJDXVNRVWHQZDVVLHPLU]X ELHWHQKDWWHQ ,FKZDUDXIHLQLJHVJHIDWDEHUGHU$QEOLFNGHQPLUGLH.|SIH GHUEHLGHQERWHQHUVFKUHFNWHPLFKGRFK 'LH=HXJHQKDWWHQQLFKWJHORJHQ ,FKVDKPLFKWDWVlFKOLFK]ZHL0RQVWHUQJHJHQEHUGHUHQ 6FKlGHOJUQVFKLOOHUWHQPLW]DKOUHLFKHQ6FKXSSHQEHVHW]WZDUHQ XQGDXVGHVVHQ*HVLFKWVPLWWHWDWVlFKOLFKHLQQDFKREHQJHNUPP WHV+RUQZXFKVZLHEHLHLQHP1DVKRUQ ,FKVFKOXFNWH 'DQQVFKWWHOWHLFKGHQ.RSI'LHVH0RQVWHUZDUHQZLUNOLFK HLQPDOLJ,FKKDWWHVFKRQYLHOH'lPRQHQJHVHKHQDEHUNHLQH
1DVK|UQHULQ0HQVFKHQJHVWDOWQXUHLQPDODXIGHU%KQHEHL HLQHP7KHDWHUVWFN$EHUGDZDUDOOHV3DSSPDFKHJHZHVHQ+LHU MHGRFKVDKLFKGDGLH.|SIHHFKWZDUHQ6LHVDHQDXIGHQQRU PDOHQ+lOVHQXQGZDUHQHLQVPLWGHP2EHUN|USHU 6LHVWDUUWHQPLFKDQ 'DEHLVDJWHQVLHNHLQ:RUWGRFKLQLKUHQWFNLVFKHQ$XJHQODV LFKPHLQ6FKLFNVDO 6LHZROOWHQPLFKW|WHQ ,FKEHVFKULHEPLWGHU%HUHWWDHLQHQ+DOENUHLVGHUDXFKYRQGHQ 'lPRQHQYHUVWDQGHQZHUGHQPXWH 6LHUKUWHQVLFKQLFKW ª$QGLH:DQG© 'DV*HJHQWHLOWDWHQVLH'LHEHLGHQJLQJHQODQJVDPYRU6LH KDWWHQQRUPDOH+lQGHGHUHQ)LQJHUDEHUEHUGXUFKVFKQLWWOLFK ODQJZDUHQ 8QGGDQQZDUIHQVLHVLFKDXIPLFK ,FKIHXHUWH 'LH6LOEHUNXJHOWUDI(LQHQ]ZHLWHQ6FKXNRQQWHLFKQLFKWPHKU DEIHXHUQZHLOPLFKGLH:XFKWGHVDQVWUPHQGHQ0RQVWHUV ]XUFNJHJHQGDV+RO]ZDUI'LH7UNQDOOWHLQV6FKOR 3O|W]OLFKVSUWHLFK]ZHL3UDQNHQDXIPHLQHQ6FKXOWHUQGLH PLFKKDUWJHJHQGDV7UEODWWGUFNWHQ*OHLFK]HLWLJVHQNWHGHU 'lPRQYRUPLUVHLQHQ6FKlGHOXQGDXIHLQPDOZXUGHPLUNODU ZDVHUYRUKDWWH (UZROOWHPLUVHLQ+RUQLQGHQ/HLEVWRHQ 0LWDOOHU.UDIWVWHPPWHLFKPLFKJHJHQGDV8QWLHUYHUVXFKWHHV ]XUFN]XGUFNHQVWLHLKPPHLQH.QLHLQGHQ/HLEYHUVFKDIIWH PLUHWZDV3ODW]XQGNRQQWHHLQ%HLQDQZLQNHOQ 'DVVWLHLFKYRU :XFKWLJUDPPWHLFKHVGHP8QWLHULQGHQ/HLE0HLQ7ULFNKDWWH (UIROJGLH+lQGHUXWVFKWHQKHUDEXQGGDVXQKHLPOLFKH0RQVWHU ZXUGHTXHUGXUFKGDV=LPPHUJHVFKOHXGHUWVRGDHVGLFKWQHEHQ GHP)HQVWHUJHJHQGLH:DQGNUDFKWH $EHUZRVWHFNWHGDV]ZHLWH" ,FKVDKHVQLFKWPHKU6WDWWGHVVHQMHGRFKHLQHJUQOLFK VFKLPPHUQGH:RONHGLHWUlJHGXUFKGDV=LPPHU]RJ0HLQH 6LOEHUNXJHOKDWWHGHQ8QKHLPOLFKHQ]HUVW|UW 'DV]ZHLWH0RQVWHUUHDJLHUWHLQVWLQNWLY1RFKPHKUGXFNWHHV
VLFK]XVDPPHQGDQQVSUDQJHV]XU6HLWHXQGZDULPQlFKVWHQ $XJHQEOLFNYHUVFKZXQGHQ'RUWZRHVJHVWDQGHQKDWWHVFKOXJ GLH/XIWPLWHLQHPSIHLIHQGHQ*HUlXVFK]XVDPPHQ 'HU9HUOHW]WHXQGLFKEOLHEHQDOOHLQLP=LPPHU]XUFN ,FKEHXJWHPLFKEHULKQXQGHUVFKUDN=XPHUVWHQPDOVDKLFK VHLQH9HUOHW]XQJHQJHQDXHU 'HP0DQQNRQQWHZRKOQLHPDQGPHKUKHOIHQ'LHEHLGHQ 0RQVWHUPXWHQLKQJUDXVDPJHIROWHUWKDEHQ(UVWDQGEHUHLWVDXI GHU6FKZHOOH]XP7RG,FKEHUKUWHVHLQHQ.RSIXQGOHJWHLKQVR GDGHU6FKZHUYHUOHW]WHPLFKDQVHKHQPXWH ª+|UHQ6LHPLFK"©IUDJWHLFKLKQ ª-D©'LH$QWZRUWZDUHLQ+DXFK ª:HUKDWGDVJHWDQ"©IUDJWHLFKª8QGZDUXPLVWGDVJHWDQ ZRUGHQ".|QQHQ6LHPLUHLQH$XVNXQIWJHEHQ"© 5DVVHOQGH$WHP]JHGUDQJHQDXVGHP0XQGGHV7RG JHZHLKWHQ%OXWLJH%OlVFKHQVWDQGHQYRUVHLQHQ/LSSHQ,FK UHFKQHWHVFKRQQLFKWPHKUPLWHLQHU$QWZRUWDOVGHU0DQQVHLQH $XJHQQRFKHLQPDO|IIQHWHXQGVLFKVHLQ%OLFNNOlUWH ª6LHZROOHQGLH)LJXU© ª:HOFKH)LJXU"© ª'LHNOHLQHLQGHU6FKXEODGH,FKKDEHVLHDXI9RUVLFKW 0LVWHUVLHVFKHLQWJHIlKUOLFK]XVHLQODQJHJHVXFKWHVPVVHQ PHKUHUH)LJXUHQGDVHLQGLH0RQVWHUIDOOHDQGHUH'LPHQVLRQHQ 6LHZROOHQVLH]XUFNKDEHQ© ª:DVZROOHQVLH]XUFNKDEHQ"©IUDJWHLFKª'LH)LJXU"© ,FKHUKLHOWNHLQH$QWZRUWPHKU'LH$XJHQGHV0DQQHVEUDFKHQ ,FKNDQQWHGHQ%OLFN6RVFKDXWHQQXU6WHUEHQGH(LQOHW]WHU $WHP]XJHLQYHU]ZHLIHOWHV/XIWKROHQDOVVLFKGHU.|USHUJHJHQ GHQGURKHQGHQ7RGVWHPPWH ,FKHUKREPLFK-HW]WVWHFNWHLFKPLWWHQLQGHPQHXHQ)DOO :RUXPHVJLQJZXWHLFKQLFKWDEHULFKKDWWHHLQHQ+LQZHLV 'DJLQJHVXPHLQH)LJXUXQGXP%HVXFKHDXVHLQHUDQGHUHQ 'LPHQVLRQ 'DKHUVWDPPWHQDOVRGLHVHVFKUHFNOLFKHQ'lPRQHQPLWGHQ PHQVFKOLFKHQ.|USHUQXQGGHQ1DVKRUQVFKlGHOQ $EHUDXVZHOFKHU'LPHQVLRQ" (VJDEXQ]lKOLJH-HQVHLWVZHOWHQ0DQNRQQWHVLHZLUNOLFKQLFKW HUIDVVHQ8QGMHGHV5HLFKZDULUJHQGZLHDQGHUVYLHOVFKLFKWLJ
PDQFKHVWDQGHQDXFKXQWHUHLQDQGHULQ9HUELQGXQJ(VH[LVWLHUWHQ hEHUODSSXQJVJHJHQGHQZRVLFKGLH'LPHQVLRQHQWUDIHQXQGZR HVPDQFKPDO5LVVHLP*HIJHJDE 'DQQZDUHVP|JOLFKGD:HVHQDXVHLQHUDQGHUHQ'LPHQVLRQ DXIGLH(UGHJHODQJHQNRQQWHQXQGDXFKXPJHNHKUW 'LHVH*HGDQNHQJLQJHQPLUGXUFKGHQ.RSIDOVLFKGDVHUVWH =LPPHUGLHVHUNOHLQHQ:RKQXQJEHWUDW 'HU6WHUEHQGHKDWWHLQGHQOHW]WHQ6HNXQGHQVHLQHV/HEHQVYRQ HLQHU6FKXEODGHJHVSURFKHQ :RIDQGLFKGLH" hEHUGLH(LQULFKWXQJKDEHLFKMDVFKRQEHULFKWHWXQGDXFKEHU GLHPLHVH%HOHXFKWXQJ'HU7LVFKVWDFKPLULQV$XJH6LFKHUOLFK ZDUHUGDVHLQ]LJH0|EHOVWFNGDVHLQH6FKXEODGHKDWWH9RUKHU MHGRFKVFKORLFKGLH7UGHQQLFKKDWWHDXIGHP*DQJ6WLPPHQ JHK|UW8QG=XVFKDXHUZDUHQGDVOHW]WHZDVLFKJHEUDXFKHQ NRQQWH 'LH6FKXEODGHZDUNDXPJHIOOW=XHUVWVDKLFKGHQVFKZDU]HQ .XJHOVFKUHLEHUGDQQVWDFKPLUHLQSRSXOlUZLVVHQVFKDIWOLFKHV 0DJD]LQLQV$XJHGDVLQGHQ86$HUVFKLHQ ,FKEOlWWHUWHHVGXUFK (LQ$UWLNHOZDUURWDQJHVWULFKHQ $7/$17,6 (5%(,67817(58166RODXWHWHGLHhEHUVFKULIW ,FKZDUVLFKHUGDGLHVHU%HULFKWHWZDVPLWGHQYHUJDQJHQHQ (UHLJQLVVHQ]XWXQKDWWHGHVKDOEVWHFNWHLFKGLH=HLWVFKULIWHLQ 'DQQ]RJLFKGLH6FKXEODGHZHLWDXIXQGGDUROOWHPLUVFKRQ HLQHNOHLQH)LJXUHQWJHJHQ ,FKQDKPVLHLQGLH+DQGXQGGUHKWHVLHVRGDLFKGDV9RUGHU WHLODQVHKHQNRQQWH 'LH)LJXU]HLJWHHLQHKDDUJHQDXH$EELOGXQJGHV0RQVWHUVPLW GHPLFKJHNlPSIWKDWWH,FKVDKGLHPHQVFKOLFKH*HVWDOWDEHUHLQ QDVKRUQlKQOLFKHV*HVLFKW6RJDUGLHNOHLQHQ$XJHQZDUHQJXW]X HUNHQQHQXQGGDVXQWHUGHP+RUQEHILQGOLFKHEUHLWH0DXO 'LH)LJXUZDUQLFKWJU|HUDOVPHLQ0LWWHOILQJHUGRFKXQJH Z|KQOLFKVFKZHU ,FKEHVDKPLUGDV0DWHULDOJHQDXHU$XV+RO]EHVWDQGGLHVHU NOHLQH7DOLVPDQQLFKWDXV(LVHQHEHQIDOOVQLFKW(UPXWHDXVHLQHU /HJLHUXQJEHVWHKHQGLHLFKQLFKWNDQQWH8QVHUH&KHPLNHU ZUGHQVLHDEHUVLFKHUOLFKKHUDXVILQGHQ
$XFKVSUWHLFKGLHVHOWVDPH:lUPHGLHYRQGHU)LJXUDXVJLQJ (WZDVRZLHPHLQ.UHX]ZHQQHVVLFKOHLFKWHUZlUPWHXQG GDGXUFKDQ]HLJWHGDVLFKILQVWHUH0lFKWHLQGHU1lKHEHIDQGHQ ,FKOLHGHQ)XQGLQPHLQHU7DVFKHYHUVFKZLQGHQEOLFNWH]X IlOOLJ]XU7UVDKVLHVSDOWEUHLWRIIHQXQGHQWGHFNWHDXFKHLQQHX JLHULJHV$XJHQSDDU 5DVFKJLQJLFKKLQ 'DV$XJHQSDDUYHUVFKZDQGGRFKDOVLFKGLH7UDXIUL VFKDXWHLFKLQGLH*HVLFKWHUYRQIQI0HQVFKHQ 'UHL0lQQHUXQG]ZHL)UDXHQ'LH)UDXHQWUXJHQ0RUJHQ PlQWHOEHULKUHQ1DFKWKHPGHQ )LQVWHUVDKHQVLHPLFKDQ,FK]HLJWHLKQHQPHLQHQ$XVZHLV ª'HU0LHWHUGLHVHU:RKQXQJLVWWRW©HUNOlUWHLFKXQGVDKZLHGLH 0HQVFKHQEODZXUGHQª.DQQPLUHLQHUYRQ,KQHQGHQ1DPHQ GHV0DQQHVYHUUDWHQ"© ª-DHUKLH5LS*DOHZVN\9RUGUHL-DKUHQLVWHUDXV3ROHQJH IORKHQ©'HU0DQQGHUPLUGLH)UDJHEHDQWZRUWHWHNQHWHWHVHLQH DEJHDUEHLWHWHQ+lQGH ª8QGPHKUZLVVHQ6LHQLFKWEHULKQ"© ª'RFKHUZDUHLQVHOWVDPHU.DX]© ª,QZLHIHUQ"© ª'HUKDWWHVROFKHLQNRPLVFKHV+REE\© ª:HOFKHV+REE\"© ª)UXQVZDUHUYHUUFNW©HUNOlUWHGHU0DQQPLWEHU]HXJWHU 6WLPPHª'HUVSUDFKLPPHUYRQDQGHUHQ:HOWHQ9RQ'lPRQHQ XQGVRHLQHP=HXJ(UZDUGDYRQEHU]HXJWGDHVGLHWDWVlFK OLFKJDE(UVWYRUJHVWHUQNDPHU]XPHLQHU$OWHQXQGPLU(UVDJWH HUKlWWHMHW]WGDVJURH*HKHLPQLVJHIXQGHQ© ª-HW]WK|UGRFKDXI©PLVFKWHVLFKVHLQHEHVVHUH+lOIWHHLQ ª0U*DOHZVN\ZDUVFKRQLQ2UGQXQJ8QGMHGHUNDQQMDHLQ +REE\KDEHQ'XKDVWHEHQGLH6DXIHUHLHUZDUDQGHUVDOVGX HLQIHLQHU0HQVFKVRZLHGXQLHZHUGHQZLUVW© ª0LVFKGXGLFKQLFKWHLQ$OWH©]LVFKWHGHU0DQQ 'LHDQGHUHQODFKWHQEHUGDV(KHSDDU'LHEHLGHQVDKHQDXFK ZLUNOLFKVWDUNDXVª6LHVSUDFKHQYRUKLQYRQHLQHP*HKHLPQLV ZHQQLFK6LHUHFKWYHUVWDQGHQKDEH"© ª-DGDVVWLPPW© ª.|QQHQ6LHGDUDXIQlKHUHLQJHKHQ"©
ª1HLQ0LUKDWGHU.HUOQLFKWVHU]lKOW'DPVVHQ6LHPHLQH$OWH IUDJHQ'LHYHUVWDQGVLFKEHVVHUPLWLKPZHLOVLHLPPHUGHQNWVLH ZlUHZDV%HVVHUHV© ,FKOlFKHOWHGHU)UDX]Xª0DGDPZHQQ6LHPLUYLHOOHLFKWKHOIHQ N|QQWHQ"© 6RKDWWHVLHZRKOVHOWHQMHPDQGDQJHVSURFKHQ'LH)UDXZXUGH GLUHNWURWXQGZDUILKUHP*DWWHQHLQHQWULXPSKLHUHQGHQ%OLFN]X ª*HQDXHVNDQQLFK,KQHQQDWUOLFKDXFKQLFKWVDJHQDEHU 0U*DOHZVN\VSUDFKLPPHUGDYRQGDZLUQLFKWDOOHLQDXIGHU :HOWZlUHQ8QGHUUHGHWHYRQYHUVXQNHQHQ.RQWLQHQWHQXQG -HQVHLWVUHLFKHQ(UZDUHLQVHKUJHELOGHWHU0HQVFKZLVVHQ6LH© ª(LQ4XDWVFKNRSIZDUHU©EUXPPWHGHU'LFNHXQGGLHDQGHUHQ =XK|UHUODFKWHQ ª:DVZHLWGXGHQQVFKRQ"© %HYRUGLHEHLGHQLKUHQJURHQ(KHNUDFKDQIDQJHQNRQQWHQ VWRSSWHLFKVLHª0RPHQWMHW]WPDOLP.ODUWH[W:LVVHQ6LH NRQNUHWZRPLWVLFKGHU0DQQEHVFKlIWLJWKDW"© ª1HLQ© ª+DWHUMHPDOVHWZDVYRQHLQHUNOHLQHQ)LJXUPLWHLQHP 1DVKRUQNRSIHUZlKQW"© ª$XFKQLFKW© ª+DEHQ6LHGHQQVROFKH:HVHQJHVHKHQ"©IUDJWHLFKZHLWHU 'LH)UDXQLFNWHª:LUDOOHUGLQJVQLFKW©VFKZlFKWHVLHGDQQDE ª:LUKDEHQGDYRQJHK|UW© ª-DVFKRQJXW© 6FKULWWHHUW|QWHQDXIGHU7UHSSH,FKSHLOWHDQPHLQHUNRUSXOHQ WHQ=HXJLQYRUEHLXQGVDK6XNRGLH6WXIHQKRFKZHW]HQ,FKKRE GLH+DQGXQGZLQNWHDEª$OOHVNODU$OWHU© ª8QG"©6XNREOLHEQHEHQPLUVWHKHQ ª6DJHLFKGLUJOHLFK ©,FKZDQGWHPLFKDQGDVQHWWH=HXJHQHKH SDDUª'DQQGDQNHLFK,KQHQVHKU0DGDP8QGDXFK,KQHQ 0LVWHU6LHZDUHQPLUEHLGHHLQHJURH+LOIH© 'DVWDWLKQHQJXWXQGZUGHZDKUVFKHLQOLFKHLQHQ6WUHLWYRQ YRUQKHUHLQDXVVFKOLHHQ 0LW6XNRJLQJLFKLQGLH:RKQXQJZRGHUWRWH5LS*DOHZVN\ ODJ1HEHQGHU/HLFKHEOLHEHQZLUVWHKHQ ª0DQQ©IOVWHUWH6XNRªGDVLVWHLQ'LQJ:DVKDEHQ6LHPLW GHPDUPHQ.HUOJHPDFKWXQGZHUZDUHV"©
ª'LH]ZHLWH)UDJHNDQQLFKGLUEHDQWZRUWHQ©HUZLGHUWHLFKª(V ZDUHQWDWVlFKOLFKGLH1DVKRUQPHQVFKHQ© 6XNRVWDUUWHPLFKJURDQª:LUNOLFK"© ª-D© 'HU&KLQHVHVFKWWHOWHGHQ.RSIª:LHLVWGDVP|JOLFK"©IUDJWH HUOHLVH ,FKKREGLH6FKXOWHUQª9LHOOHLFKWJLEWXQVGDVHLQH(UNOlUXQJ© HUZLGHUWHLFKXQGKROWHGLH=HLWVFKULIWKHUYRUGLHLFKLQGHU6FKXE ODGHJHIXQGHQKDWWH5DVFKVFKOXJLFKGHQ$UWLNHODXI ª$WODQWLV (UEHLVWXQWHUXQV©EXFKVWDELHUWH6XNR'DQQVDKHU PLFKDQª6ROOWHQGLH6SXUHQZLHGHUQDFK$WODQWLVIKUHQ"© ª6LHKWVRDXV©,FKUlXVSHUWHPLFKXQGVWHFNWHGLH=HLWVFKULIW ZLHGHUZHJª'DUEHUPWHQHLJHQWOLFK0\[LQXQG.DUDEHVVHU %HVFKHLGZLVVHQ© ª:HQQZLUVLHILQGHQ© 'DKDWWH6XNRHLQZDKUHV:RUWJHVSURFKHQ0\[LQXQG.DUD KDWWHQVLFKYRUNXU]HPJHWURIIHQ'LH6FK|QHDXVGHP7RWHQUHLFK JHK|UWH]XGHQ0HQVFKHQGLHGLHJURH.DWDVWURSKHYRQ$WODQWLV EHUOHEWKDWWHQ.DUDZDUVFKRQHLQPDOJHVWRUEHQ,KU*HLVWKDWWH GDV7RWHQUHLFKGXUFKZDQGHUWXQGHUZDUDXFKMHW]WLQGHU/DJH GLH'LPHQVLRQHQ]XGXUFKGULQJHQ)UKHUZDUHQ0\[LQXQGVLH )HLQGHJHZHVHQGRFKLQGHU*HJHQZDUWKDWWHQVLHVLFK]XVDP PHQJHWDQXPJHJHQGDV%|VH]XNlPSIHQ6LHELOGHWHQHLQ7HDP GDVXQDEKlQJLJYRQXQVJHJHQGLH0lFKWHGHU)LQVWHUQLVDQWUDW ,FKZDUIURKGDUEHUGDGHUNOHLQH0DJLHUHLQH$XIJDEHJHIXQ GHQKDWWHGHQQHUZROOWHVLFKQLFKWVRUHFKWDQXQVELQGHQREZRKO HUGLH6FKZDU]EOWHUPLW$VPRGLQDDQGHU6SLW]HVHKUKDWH ,FK]HLJWH6XNRGLH)LJXUª'LHKDEHLFKDXFKQRFKJHIXQGHQ6LH LVWGLHHUVWH6SXU© 6XNRVDKVLFKGDV.OHLQRGDQXQGZRJHVLQGHU+DQGª=LHP OLFKVFKZHUQLFKW"© ,FKQLFNWH ª8QGDXVZHOFKHP0DWHULDOEHVWHKWVLH"© 'DPXWHLFKGLH6FKXOWHUQKHEHQ ª'DVZHUGHQXQVHUH&KHPLNHUKHUDXVILQGHQ©VDJWHLFK ª.ODU©'HU&KLQHVHJDEPLUGLH)LJXUZLHGHU]XUFN ,FKZDQGWHPLFK]XP*HKHQXQGVDJWH ª%OHLEGXKLHUZlKUHQG LFKGLH0RUGNRPPLVVLRQDODUPLHUH©
,P)OXUVWDQGHQQRFKLPPHUGLH*DIIHU,FKVDK]ZDUGLH 1HXJLHUGHDXILKUHQ*HVLFKWHUQDEHUHVWUDXWHVLFKQLHPDQGPLFK DQ]XVSUHFKHQ,FKKlWWHDXFKNHLQH$QWZRUWHQJHJHEHQ 0HLQHQ%HQWOH\KDWWHLFKLQHLQHU1HEHQVWUDHDEJHVWHOOW 2EZRKOLFKJDUQLFKWODQJHXQWHUZHJVJHZHVHQZDUKDWWHVLFKDXI GHP'DFKXQGGHQ6FKHLEHQVFKRQHLQH(LVVFKLFKWJHELOGHW 'HU:LQWHUPHLQWHHVEHVRQGHUVJXWLQGLHVHP-DKU$OVLFKEHLP
