Uputstva za korisnike PHILIPS HQ6710

[. . . ] GD EL SRWYUGLOL L]ERU LOL SURPHQX 0HQL QD HNUDQX 1D GRQMRM VNLFL SULND]DQD MH RSåWD VWUXNWXUD PHQLMD QD HNUDQX 0RçHWH MH NRULVWLWL NDR UHIHUHQFX NDGD XEXGX H EXGHWH çHOHOL GD QD HWH VRSVWYHQL SXW ]D UD]QD SRGHåDYDQMD 0DLQ PHQX 6XE PHQX 9*$ '9, 3LFWXUH 3RZHU 6HQVRU &RORU 2Q a 2II DYDLODEOH IRU VHOHFWLYH PRGHOV , QSXW 9*$ '9, DYDLODEOH IRU VHOHFWLYH PRGHOV /DQJXDJH 26' 6HWWLQJV +'0, DYDLODEOH IRU VHOHFWLYH PRGHOV 3LFWXUH )RUPDW %ULJKWQHVV :LGH 6FUHHQ a a Off Fast Faster Fastest (available for selective models) 2Q 2II a DYDLODEOH IRU VHOHFWLYH PRGHOV 2Q 2II 2Q 2II . [. . . ] 7HVWLUDMWH QRYR SRGHåDYDQMH GD YLGLWH GD OL YDV 3RZHU6HQVRU LVSUDYQR GHWHNWXMH X YDåHP WUHQXWQRP SRORçDMX %HOHåND 5X QR RGDEUDQ 3RZHU6HQVRU UHçLP H RVWDWL GD UDGL RVLP XNROLNR VH L GRN VH QH SRGHVL SRQRYR LOL VH SUL]RYH SRGUD]XPHYDQL UHçLP 8NROLNR RWNULMHWH GD MH 3RZHU6HQVRU L] QHNRJ UD]ORJD L]X]HWQR RVHWOMLY QD SRNUHWH X EOL]LQL PROLPR SRGHVLWH QD VODELMX MD LQX VLJQDOD 7HKQL NH VSHFLÀNDFLMH 7HKQL NH VSHFLILNDFLMH 6OLND3ULND] 7LS /&' SDQHOD 3R]DGLQVNR VYHWOR 9HOL LQD SDQHOD 2SVHJ DVSHNWD 5D]GREOMH SLNVHOD 6YHWORVW 6PDUW&RQWUDVW 2SVHJ NRQWUDVWD WLS 9UHPH RGJRYRUD WLSL QR 2SWLPDOQD UH]ROXFLMD 8JDR JOHGDQMD 3REROMåDQMH VOLNH 3ULND] ERMD 9HUWLNDOQD IUHNYHQFLMD RVYHçDYDQMD +RUL]RQWDOQD IUHNYHQFLMD V5%* 3RYH]LYRVW 8OD] ]D VLJQDO 8OD]QL VLJQDO 8JRGQRVW 3RJRGQRVWL ]D NRULVQLND -H]LFL PHQLMD QD HNUDQX 'UXJH SRJRGQRVWL 3OXJ 3OD\ SULNOMX L L SXVWL GD UDGL NRPSDWLELOQRVW 6WDODN 1DJLE 6QDJD 5HçLP MH XNOMX HQ 3RWURåQMD HQHUJLMH (QHUJ\6WDU PHWRG WHVWLUDQMD 1RUPDODQ UDG WLSL QR 6SDYDQMH , VNOMX HQR 7)7/&' /(' FP [ PP FGPô PV [ # +] + 9#&5!6PDUW, PDJH /LWH 0 +] +] N+] N+] '$ '9, ' GLJLWDOQR 9*$ DQDORJQR +'0, GRVWXSQR ]D PRGHO (/+ (/3+ 2GYRMHQL 6\QF 6\QF QD ]HOHQRP (/ (/+ (/3+ (QJOHVNL IUDQFXVNL QHPD NL LWDOLMDQVNL UXVNL åSDQVNL SRMHGQRVWDYOMHQL NLQHVNL SRUWXJDOVNL WXUVNL . HQVLQJWRQ EUDYD ''&&, V5*% :LQGRZV 9LVWD;3 0DF 26; /LQX[ (/ : WLS (/+ : WLS : PD[ (/3+ : WLS : PD[ 8OD]QL QDSRQ $& QD 8OD]QL QDSRQ $& QD 9$& 9$& 9$& 9$& +] +] +] +] : : : : : : 8OD]QL QDSRQ $& QD 9$& 9$& +] +] : : : 7HKQL NH VSHFLÀNDFLMH 5DVLSDQMH WRSORWH 1RUPDODQ UDG 6SDYDQMH , VNOMX HQR , QGLNDWRU QDSDMDQMD 1DSDMDQMH 'LPHQ]LMH 3URL]YRG VD SRVWROMHP ä[9[' 3URL]YRG EH] SRVWROMD ä[9[' 7HçLQD 3URL]YRG VD SRVWROMHP 3URL]YRG EH] SRVWROMD 3URL]YRG VD SDNRYDQMHP 6WDQMH UDGD 5DVSRQ WHPSHUDWXUH UDGD 5DVSRQ WHPSHUDWXUH EH] UDGD 5HODWLYQD YODçQRVW 1DGPRUVND YLVLQD 07%) 2NUXçHQMH 52+6 (3($7 3DNRYDQMH 8VNODGHQRVW VD VWDQGDUGLPD 5HJXODWRUQD RGREUHQMD . XWLMD %RMD =DYUåL 8OD]QL QDSRQ $& QD 8OD]QL QDSRQ $& QD 8OD]QL QDSRQ $& QD 9$& 9$& 9$& 9$& 9$& 9$& +] +] +] +] +] +] %78KU %78KU %78KU %78KU %78KU %78KU %78KU %78KU %78KU 5HçLP MH XNOMX HQ%HOR HNDQMHVSDYDQMH %HOR WUHS X H 8JUD HQR 9$& +] [ [ PP [ [ PP NJ NJ NJ & WR & & WR & WR 2SHUDFLMD IW P . DGD QH UDGL IW P VDWL '$ 6LOYHU ZZZHSHDWQHW VH PRçH UHFLNOLUDWL &( R]QDND )&& NODVD % *267 6(0. 2 7&2 VHUWLILNDW 8/F8/ %60, , 62 &UQR QD]DG 3ODYR QDSUHG 6MDMQR %HOHåND (3($7 *ROG LOL 6LOYHU YDçL VDPR WDPR JGH 3KLOLSV UHJLVWUXMH SURL]YRG 0ROLPR YDV SRVHWLWH ZZZ HSHDWQHW ]D UHJLVWUDFLRQL VWDWXV X YDåRM ]HPOML 2YL SRGDFL VH PRJX PHQMDWL EH] REDYHåWHQMD , GL QD ZZZSKLOLSVFRPVXSSRUW GD SUHX]PHWH QDMQRYLMX YHU]LMX SDPÁHWD 7HKQL NH VSHFLÀNDFLMH 5H]ROXFLMD L XQDSUHG SRGHåHQL UHçLPL 0DNVLPDOQD UH]ROXFLMD [ QD +] DQDORJQL XOD] [ QD +] GLJLWDOQL XQRV 3UHSRUX HQD UH]ROXFLMD [ QD +] GLJLWDOQL XQRV )RUPDW L S L S S L S 5H]ROXFLMD [ [ [ [ [ [ [ 7LS 9 IUHNYHQFLMD +] 6' 6' 6' 6' +' +' +' %HOHåND 0ROLPR LPDMWH X YLGX GD YDå HNUDQ UDGL QDMEROMH X RVQRYQRM UH]ROXFLML RG ; # +] =D QDMEROML NYDOLWHW SULND]D PROLPR SUDWLWH SUHSRUXNX ]D RYX UH]ROXFLMX äWHGQMD HQHUJLMH äWHGQMD HQHUJLMH 8NROLNR LPDWH 9(6$ '30 NDUWLFX R VDJODVQRVWL VD HNUDQRP LOL VRIWYHU LQVWDOLUDQ QD VYRP UD XQDUX PRQLWRU PRçH DXWRPDWVNL VPDQMLWL SRWURåQMX HOHNWUL QH HQHUJLMH NDGD JD QH NRULVWLWH 8NROLNR VH GHWHNWXMH XQRV VD WDVWDWXUH PLåD LOL VD GUXJRJ XUH DMD ]D XQRV PRQLWRU H VH DXWRPDWVNL SUREXGLWL 1DUHGQD WDEHOD SRND]XMH SRWURåQMX HOHNWULFQH VWUXMH L VLJQDOL]DFLMX RYH RVRELQH DXWRPDWVNH åWHGQMH HOHNWULFQH HQHUJLMH 'HILQLFLMD XSUDYOMDQMD SRWURåQMRP HOHNWUL QH HQHUJLMH 9(6$ UHçLP $NWLYQR 6SDYDQMH , VNOMX L 9LGHR 8. /-8 (12 , 6. /-8 (12 , 6. /-8 (12 +V\QF 9V\QF 'D 1H 'D 1H (OHNWUL QD HQHUJLMD X XSRWUHEL : WLS : WLS : WLS %RMD VYHWOH H GLRGH %HOR %HOR WUHS X H , 6. /-8 (12 6OHGH H SRGHåDYDQMH VH NRULVWL GD L]PHUL SRWURåQMX HQHUJLMH RYRJ PRQLWRUD 1DWLYQD UH]ROXFLMD [ . RQWUDVW 2VYHWOMHQMH QLWD 7HPSHUDWXUD ERMH N VD SXQRP EHORP åHPRP %HOHåND 2YL SRGDFL VH PRJX PHQMDWL EH] REDYHåWHQMD 5HJXODWLYQH LQIRUPDFLMH 5HJXODWLYQH LQIRUPDFLMH /HDGIUHH 3URGXFW /HDG IUHH GLVSOD\ SURPRWHV HQYLURQPHQWDOO\ VRXQG UHFRYHU\ DQG GLVSRVDO RI ZDVWH IURP HOHFWULFDO DQG HOHFWURQLF HTXLSPHQW 7R[LF VXEVWDQFHV OLNH /HDG KDV EHHQ HOLPLQDWHG DQG FRPSOLDQFH ZLWK (XURSHDQ FRPPXQLW\·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 6RPH RI WKH (QYLURQPHQWDO IHDWXUHV RI WKH 7&2 &HUWLILHG IRU GLVSOD\V 7KH EUDQG RZQHU GHPRQVWUDWHV FRUSRUDWH VRFLDO UHVSRQVLELOLW\ DQG KDV D FHUWLILHG HQYLURQPHQWDO PDQDJHPHQW V\VWHP (0$6 RU , 62  9HU\ ORZ HQHUJ\ FRQVXPSWLRQ ERWK LQ RQ DQG VWDQGE\ PRGH PLQLPL]H FOLPDWH LPSDFW 5HVWULFWLRQV RQ FKORULQDWHG DQG EURPLQDWHG IODPH UHWDUGDQWV SODVWLFL]HUV SODVWLFV DQG KHDY\ PHWDOV VXFK DV FDGPLXP PHUFXU\ DQG OHDG 5R+6 FRPSOLDQFH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 ´7KH (3($7 (OHFWURQLF 3URGXFW (QYLURQPHQWDO $VVHVVPHQW 7RRO SURJUDP HYDOXDWHV FRPSXWHU GHVNWRSV ODSWRSV DQG PRQLWRUV EDVHG RQ HQYLURQPHQWDO FULWHULD GHYHORSHG WKURXJK DQ H[WHQVLYH VWDNHKROGHU FRQVHQVXV SURFHVV VXSSRUWHG E\ 86 (3$ (3($7 V\VWHP KHOSV SXUFKDVHUV LQ WKH SXEOLF DQG SULYDWH VHFWRUV HYDOXDWH FRPSDUH DQG VHOHFW GHVNWRS FRPSXWHUV QRWHERRNV DQG PRQLWRUV EDVHG RQ WKHLU HQYLURQPHQWDO DWWULEXWHV (3($7 DOVR SURYLGHV D FOHDU DQG FRQVLVWHQW VHW RI SHUIRUPDQFH FULWHULD IRU WKH GHVLJQ RI SURGXFWV DQG SURYLGHV DQ RSSRUWXQLW\ IRU PDQXIDFWXUHUV WR VHFXUH PDUNHW UHFRJQLWLRQ IRU HIIRUWV WR UHGXFH WKH HQYLURQPHQWDO LPSDFW RI LWV SURGXFWVµ %HQHILWV RI (3($7 5HGXFH XVH RI SULPDU\ PDWHULDOV 5HGXFH XVH RI WR[LF PDWHULDOV $YRLG WKH GLVSRVDO RI KD]DUGRXV ZDVWH (3($7·6 UHTXLUHPHQW WKDW DOO UHJLVWHUHG SURGXFWV PHHW (1(5*< 67$5·V HQHUJ\ HIILFLHQF\ VSHFLILFDWLRQV PHDQV WKDW WKHVH SURGXFWV ZLOO FRQVXPH OHVV HQHUJ\ WKURXJKRXW WKHLU OLIH &( 'HFODUDWLRQ RI &RQIRUPLW\ 7KLV SURGXFW LV LQ FRQIRUPLW\ ZLWK WKH IROORZLQJ VWDQGDUGV (1 6DIHW\ UHTXLUHPHQW RI , QIRUPDWLRQ 7HFKQRORJ\ (TXLSPHQW (1 5DGLR 'LVWXUEDQFH UHTXLUHPHQW RI , QIRUPDWLRQ 7HFKQRORJ\ (TXLSPHQW (1$$ , PPXQLW\ UHTXLUHPHQW RI , QIRUPDWLRQ 7HFKQRORJ\ (TXLSPHQW (1 /LPLWV IRU +DUPRQLF &XUUHQW (PLVVLRQ (1$$ /LPLWDWLRQ RI 9ROWDJH )OXFWXDWLRQ DQG )OLFNHU IROORZLQJ SURYLVLRQV RI GLUHFWLYHV DSSOLFDEOH (& /RZ 9ROWDJH 'LUHFWLYH (& (0& 'LUHFWLYH (& (X3 'LUHFWLYH (& 1R PSOHPHQWLQJ 'LUHFWLYH IRU 6WDQGE\ DQG 2II PRGH SRZHU FRQVXPSWLRQ DQG LV SURGXFHG E\ D PDQXIDFWXULQJ RUJDQL]DWLRQ RQ , 62 OHYHO 7KH SURGXFW DOVR FRPSO\ ZLWK WKH IROORZLQJ VWDQGDUGV , 62 (UJRQRPLF UHTXLUHPHQW $QDO\VLV DQG FRPSOLDQFH WHVW PHWKRGV IRU HOHFWURQLF YLVXDO GLVSOD\V *6 (. *6 PDUN UHTXLUHPHQW SU(1 /RZ )UHTXHQF\ (OHFWULF DQG 0DJQHWLF ILHOGV IRU 9LVXDO 'LVSOD\ 035, , 035 /RZ )UHTXHQF\ (OHFWULF DQG 0DJQHWLF ILHOGV 7&2 &(57, ), (' 5HTXLUHPHQW IRU (QYLURQPHQW /DEHOLQJ RI (UJRQRPLFV (QHUJ\ (FRORJ\ DQG (PLVVLRQ 7&2 6ZHGLVK &RQIHGHUDWLRQ RI 3URIHVVLRQDO (PSOR\HHV IRU 7&2 YHUVLRQV 5HJXODWLYQH LQIRUPDFLMH (QHUJ\ 6WDU 'HFODUDWLRQ ZZZHQHUJ\VWDUJRY $V DQ (1(5*< 67$5 3DUWQHU ZH KDYH GHWHUPLQHG WKDW WKLV SURGXFW PHHWV WKH (1(5*< 67$5 JXLGHOLQHV IRU HQHUJ\ HIILFLHQF\ 1RWH :H UHFRPPHQG \RX VZLWFK RII WKH PRQLWRU ZKHQ LW LV QRW LQ XVH IRU D ORQJ WLPH )HGHUDO &RPPXQLFDWLRQV &RPPLVVLRQ )&& 1RWLFH 86 2QO\ 7KLV HTXLSPHQW KDV EHHQ WHVWHG DQG IRXQG WR FRPSO\ ZLWK WKH OLPLWV IRU D &ODVV % GLJLWDO GHYLFH SXUVXDQW WR 3DUW RI WKH )&& 5XOHV 7KHVH OLPLWV DUH GHVLJQHG WR SURYLGH UHDVRQDEOH SURWHFWLRQ DJDLQVW KDUPIXO LQWHUIHUHQFH LQ D UHVLGHQWLDO LQVWDOODWLRQ 7KLV HTXLSPHQW JHQHUDWHV XVHV DQG FDQ UDGLDWH UDGLR IUHTXHQF\ HQHUJ\ DQG LI QRW LQVWDOOHG DQG XVHG LQ DFFRUGDQFH ZLWK WKH LQVWUXFWLRQV PD\ FDXVH KDUPIXO LQWHUIHUHQFH WR UDGLR FRPPXQLFDWLRQV +RZHYHU WKHUH LV QR JXDUDQWHH WKDW LQWHUIHUHQFH ZLOO QRW RFFXU LQ D SDUWLFXODU LQVWDOODWLRQ , I WKLV HTXLSPHQW GRHV FDXVH KDUPIXO LQWHUIHUHQFH WR UDGLR RU WHOHYLVLRQ UHFHSWLRQ ZKLFK FDQ EH GHWHUPLQHG E\ WXUQLQJ WKH HTXLSPHQW RII DQG RQ WKH XVHU LV HQFRXUDJHG WR WU\ WR FRUUHFW WKH LQWHUIHUHQFH E\ RQH RU PRUH RI WKH IROORZLQJ PHDVXUHV 5HRULHQW RU UHORFDWH WKH UHFHLYLQJ DQWHQQD , QFUHDVH WKH VHSDUDWLRQ EHWZHHQ WKH HTXLSPHQW DQG UHFHLYHU &RQQHFW WKH HTXLSPHQW LQWR DQ RXWOHW RQ D FLUFXLW GLIIHUHQW IURP WKDW WR ZKLFK WKH UHFHLYHU LV FRQQHFWHG &RQVXOW WKH GHDOHU RU DQ H[SHULHQFHG UDGLR79 WHFKQLFLDQ IRU KHOS &KDQJHV RU PRGLILFDWLRQV QRW H[SUHVVO\ DSSURYHG E\ WKH SDUW\ UHVSRQVLEOH IRU FRPSOLDQFH FRXOG YRLG WKH XVHU V DXWKRULW\ WR RSHUDWH WKH HTXLSPHQW 8VH RQO\ 5) VKLHOGHG FDEOH WKDW ZDV VXSSOLHG ZLWK WKH PRQLWRU ZKHQ FRQQHFWLQJ WKLV PRQLWRU WR D FRPSXWHU GHYLFH 7R SUHYHQW GDPDJH ZKLFK PD\ UHVXOW LQ ILUH RU VKRFN KD]DUG GR QRW H[SRVH WKLV DSSOLDQFH WR UDLQ RU H[FHVVLYH PRLVWXUH 7+, 6 &/$66 % ', *, 7$/ $33$5$786 0((76 $// 5(48, 5(0(176 2) 7+( &$1$', $1 , 17(5)(5(1&(&$86, 1* (48, 30(17 5(*8/$7, 216 )&& 'HFODUDWLRQ RI &RQIRUPLW\ 'HFODUDWLRQ RI &RQIRUPLW\ IRU 3URGXFWV 0DUNHG ZLWK )&& /RJR 8QLWHG 6WDWHV 2QO\ 7KLV GHYLFH FRPSOLHV ZLWK 3DUW RI WKH )&& 5XOHV 2SHUDWLRQ LV VXEMHFW WR WKH IROORZLQJ WZR FRQGLWLRQV  WKLV GHYLFH PD\ QRW FDXVH KDUPIXO LQWHUIHUHQFH DQG  WKLV GHYLFH PXVW DFFHSW DQ\ LQWHUIHUHQFH UHFHLYHG LQFOXGLQJ LQWHUIHUHQFH WKDW PD\ FDXVH XQGHVLUHG RSHUDWLRQ &RPPLVVLRQ )HGHUDOH GH OD &RPPXQLFDWLRQ )&& 'HFODUDWLRQ &HW pTXLSHPHQW D pWp WHVWp HW GpFODUp FRQIRUPH DX[OLPLWHV GHV DSSDUHLOV QXPpULTXHV GH FODVV %DX[ WHUPHV GH O DUWLFOH 'HV UqJOHV GH OD )&& &HV OLPLWHV VRQW FRQoXHV GH IDoRQ j IRXULU XQH SURWHFWLRQ UDLVRQQDEOH FRQWUH OHV LQWHUIpUHQFHV QXLVLEOHV GDQV OH FDGUH G XQH LQVWDOODWLRQ UpVLGHQWLHOOH &(7 DSSDUHLO SURGXLW XWLOLVH HW SHXW pPHWWUH GHV K\SHUIUpTXHQFHV TXL VL O DSSDUHLO Q HVW SDV LQVWDOOp HW XWLOLVp VHORQ OHV FRQVLJQHV GRQQpHV SHXYHQW FDXVHU GHV LQWHUIpUHQFHV QXLVLEOHV DX[ FRPPXQLFDWLRQV UDGLR 5HJXODWLYQH LQIRUPDFLMH &HSHQGDQW ULHQ QH SHXW JDUDQWLU O DEVHQFH G LQWHUIpUHQFHV GDQV OH FDGUH G XQH LQVWDOODWLRQ SDUWLFXOLqUH 6L FHW DSSDUHLO HVW OD FDXVH G LQWHUIpUHQFHV QXLVLEOHV SRXU OD UpFHSWLRQ GHV VLJQDX[ GH UDGLR RX GH WpOpYLVLRQ FH TXL SHXW rWUH GpFHOp HQ IHUPDQW O pTXLSHPHQW SXLV HQ OH UHPHWWDQW HQ IRQFWLRQ O XWLOLVDWHXU SRXUUDLW HVVD\HU GH FRUULJHU OD VLWXDWLRQ HQ SUHQDQW OHV PHVXUHV VXLYDQWHV 5pRULHQWHU RX GpSODFHU O·DQWHQQH GH UpFHSWLRQ $XJPHQWHU OD GLVWDQFH HQWUH O·pTXLSHPHQW HW OH UpFHSWHXU %UDQFKHU O·pTXLSHPHQW VXU XQ DXWUH FLUFXLW TXH FHOXL XWLOLVp SDU OH UpFHSWHXU 'HPDQGHU O·DLGH GX PDUFKDQG RX G·XQ WHFKQLFLHQ FKHYURQQp HQ UDGLRWpOpYLVLRQ 7RXWHV PRGLILFDWLRQV Q D\DQW SDV UHoX O DSSUREDWLRQ GHV VHUYLFHV FRPSpWHQWV HQ PDWLqUH GH FRQIRUPLWp HVW VXVFHSWLEOH G LQWHUGLUH j O XWLOLVDWHXU O XVDJH GX SUpVHQW pTXLSHPHQW 1 XWLOLVHU TXH GHV FkEOHV 5) DUPpV SRXU OHV FRQQHFWLRQV DYHF GHV RUGLQDWHXUV RX SpULSKpULTXHV &(7 $33$5(, / 180(5, 48( '( /$ &/$66( % 5(63(&7( 7287(6 /(6 (;, *(1&(6 '8 5(*/(0(17 685 /( 0$7(5, (/ %528, //(85 '8 &$1$'$ (1 &RPSOLDQFH &]HFK 5HSXEOLF 2QO\ 3ROLVK &HQWHU IRU 7HVWLQJ DQG &HUWLILFDWLRQ 1RWLFH 7KH HTXLSPHQW VKRXOG GUDZ SRZHU IURP D VRFNHW ZLWK DQ DWWDFKHG SURWHFWLRQ FLUFXLW D WKUHHSURQJ VRFNHW $OO HTXLSPHQW WKDW ZRUNV WRJHWKHU FRPSXWHU PRQLWRU SULQWHU DQG VR RQ VKRXOG KDYH WKH VDPH SRZHU VXSSO\ VRXUFH 7KH SKDVLQJ FRQGXFWRU RI WKH URRP V HOHFWULFDO LQVWDOODWLRQ VKRXOG KDYH D UHVHUYH VKRUWFLUFXLW SURWHFWLRQ GHYLFH LQ WKH IRUP RI D IXVH ZLWK D QRPLQDO YDOXH QR ODUJHU WKDQ DPSHUHV $ 7R FRPSOHWHO\ VZLWFK RII WKH HTXLSPHQW WKH SRZHU VXSSO\ FDEOH PXVW EH UHPRYHG IURP WKH SRZHU VXSSO\ VRFNHW ZKLFK VKRXOG EH ORFDWHG QHDU WKH HTXLSPHQW DQG HDVLO\ DFFHVVLEOH $ SURWHFWLRQ PDUN % FRQILUPV WKDW WKH HTXLSPHQW LV LQ FRPSOLDQFH ZLWK WKH SURWHFWLRQ XVDJH UHTXLUHPHQWV RI VWDQGDUGV 31 7 DQG 31( 5HJXODWLYQH LQIRUPDFLMH 1RUWK (XURSH 1RUGLF &RXQWULHV , QIRUPDWLRQ 3ODFHULQJ9HQWLODWLRQ 9$51, 1* )À56±. 5$ ', * 20 $77 +898'%5<7$5( 2&+ 877$* ±5 /±7³7. 20/, *$ 1±5 '8 67±//(5 ', 1 8758671, 1* 3³3/$76 3ODFHULQJ9HQWLODWLRQ $'9$56(/ 65* 9(' 3/$&(5, 1*(1 )25 $7 1(7/('1, 1*(16 67, . 2* 67, . . 217$. 7 (5 1(07 7, /*1*(/, *( 3DLNND, OPDQNLHUWR 9$52, 786 6, -2, 7$ /$, 7( 6, 7(1 (77± 9(5. . 2-2+72 92, '$$1 7$59, 77$(66$ +(/3267, , 55277$$ 3, 6725$6, $67$ 3ODVVHULQJ9HQWLODVMRQ $'9$56(/ 1³5 '(77( 8767<5(7 3/$66(5(6 0³ '8 3$66( 3³ $7 . 217$. 7(1( )25 6707, /)56(/ (5 /(77( ³ 1³ %60, 1RWLFH 7DLZDQ 2QO\ (UJRQRPLH +LQZHLV QXU 'HXWVFKODQG 'HU YRQ XQV JHOLHIHUWH )DUEPRQLWRU HQWVSULFKW GHQ LQ GHU 9HURUGQXQJ EHU GHQ 6FKXW] YRU 6FKlGHQ GXUFK 5|QWJHQVWUDKOHQ IHVWJHOHJWHQ 9RUVFKULIWHQ $XI GHU 5FNZDQG GHV *HUlWHV EHILQGHW VLFK HLQ $XINOHEHU GHU DXI GLH 8QEHGHQNOLFKNHLW GHU , QEHWULHEQDKPH KLQZHLVW GD GLH 9RUVFKULIWHQ EHU GLH %DXDUW YRQ 6W|UVWUDKOHUQ QDFK $QODJH , , , $EV GHU 5|QWJHQYHURUGQXQJ HUIOOW VLQG 'DPLW , KU 0RQLWRU LPPHU GHQ LQ GHU =XODVVXQJ JHIRUGHUWHQ :HUWHQ HQWVSULFKW LVW GDUDXI ]X DFKWHQ GD 5HSDUDWXUHQ QXU GXUFK )DFKSHUVRQDO GXUFKJHIKUW ZHUGHQ QXU RULJLQDO(UVDW]WHLOH YHUZHQGHW ZHUGHQ EHL (UVDW] GHU %LOGU|KUH QXU HLQH EDXDUWJOHLFKH HLQJHEDXW ZLUG $XV HUJRQRPLVFKHQ *UâQGHQ ZLUG HPSIRKOHQ GLH *UXQGIDUEHQ %ODX XQG 5RW QLFKW DXI GXQNOHP 8QWHUJUXQG ]X YHUZHQGHQ VFKOHFKWH /HVEDUNHLW XQG HUKÜKWH $XJHQEHODVWXQJ EHL ]X JHULQJHP =HLFKHQNRQWUDVW ZÍUHQ GLH )ROJH 'HU DUEHLWVSODW]EH]RJHQH 6FKDOOGUXFNSHJHO QDFK ', 1 EHWUÍJW G% $ RGHU ZHQLJHU $&+781* %(, 0 $8)67(//(1 ', (6(6 *(5b7(6 '$5$8) $&+7(1 '$ 1(7=67(&. (5 81' 1(7=. $%(/$16&+/8 /(, &+7 =8*b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åHJ NYDOLWHWD 0L NRULVWLPR QHNH RG QDMVDYUHPHQLMLK SURL]YRGQLK SURFHVD X QDåRM EUDQåL L VSURYRGLPR VWURJX NRQWUROX NYDOLWHWD , SDN QHGRVWDMDQMH SLNVHOD LOL SRG SLNVHOD QD 7)7 /&' SDQHOLPD NRML VH NRULVWH QD PRQLWRULPD UDYQRJ SDQHOD MH SRQHNDG QHL]EHçQR 1LMHGDQ SURL]YR D QH PRçH JDUDQWRYDWL GD SDQHOL QH H LPDWL GHIHNWQH SLNVHOH D 3KLOLSV JDUDQWXMH GD H VYDNL PRQLWRU NRML LPD QHSULKYDWOMLY EURM GHIHNDWD SRSUDYLWL LOL ]DPHQLWL SRG JDUDQFLMRP 8 RYRP REDYHåWHQMX RSLVDQL VX WLSRYL GHIHNDWD SLNVHOD L GHILQLVDQ SULKYDWOMLY QLYR GHIHNDWD ]D VYDNL WLS 'D EL VH NYDOLILNRYDOL ]D SRSUDYNX LOL ]DPHQX SRG JDUDQFLMRP EURM SLNVHOD NRML QHGRVWDMX QD 7)7 /&' SDQHOX PRUD GD SUHYD]L H WUL SULKYDWOMLYD QLYRD 1D SULPHU QH VPH GD QHGRVWDMH YLåH RG SRG SLNVHOD QD PRQLWRUX 3RåWR VH QHNL WLSRYL L NRPELQDFLMH WLSRYD GHIHNDWD SLNVHOD YLåH SULPH XMX QHJR GUXJL 3KLOLSV MH ]D QMLK SRVWDYLR DN L YLåH VWDQGDUGH NYDOLWHWD 2YD SROLFD YDç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 3LNVHOL 'YD VXVHGQD RVYHWOMHQD VXESLNVHOD FUYHQL SODYL SXUSXUQL FUYHQL ]HOHQL çXWL ]HOHQL SODYL FLMDQ VYHWORSODYL 3LNVHOL L VXESLNVHOL 3LNVHO LOL HOHPHQW VOLNH VDVWRML VH RG WUL VXE SLNVHOD SULPDUQH ERMH FUYHQH ]HOHQH L SODYH 9HOLNL EURM SLNVHOD ]DMHGQR LQL VOLNX . DGD VX VYL VXESLNVHOL MHGQRJ SLNVHOD RVYHWOMHQL WUL RERMHQD VXESLNVHOD ]DMHGQR L]JOHGDMX NDR MHGLQVWYHQL SLNVHO EHOH ERMH . DGD VX VYL WDPQL WUL RERMHQD VXESLNVHOD ]DMHGQR L]JOHGDMX NDR MHGLQVWYHQL SLNVHO FUQH ERMH 'UXJH NRPELQDFLMH RVYHWOMHQLK 7UL VXVHGQD RVYHWOMHQD VXESLNVHOD MHGDQ EHOL SLNVHO %ULJD R NXSFLPD *DUDQFLMD %HOHåND &UYHQD LOL SODYD VYHWOD WD ND PRUD GD EXGH YLåH RG SURFHQDWD VYHWOLMD X RGQRVX QD VXVHGQH WD NH GRN MH ]HOHQD VYHWOD WD ND SURFHQDWD VYHWOLMD RG VXVHGQLK WD DND 'HIHNWL FUQH WD NH 'HIHNWL FUQH WD NH VH SRMDYOMXMX NDGD VX SLNVHOL LOL SRGSLNVHOL XYHN LVNOMX HQL LOL WDPQL 7R MHVW WDPQD WD ND MH SRGSLNVHO NRML MH SULND]DQ QD HNUDQX NDGD MH QD PRQLWRUX VYHWOL GLMDJUDP 2YR VX WLSRYL GHIHNDWD FUQH WD NH %OL]LQD GHIHNWQLK SLNVHOD 3RåWR VH GHIHNWQL SLNVHOL L VXESLNVHOL LVWRJ WLSD YLåH SULPH XMX NDG VX EOL]X MHGDQ GR GUXJRJD 3KLOLSV MH VSHFLILFLUDR L WROHUDQFLMH ]D EOL]LQX GHIHNWQLK SLNVHOD 7ROHUDQFLMH ]D GHIHNWQH SLNVHOH 'D EL VH NYDOLILNRYDOL ]D SRSUDYNX LOL ]DPHQX ]ERJ SLNVHOD NRML QHGRVWDMX X SHULRGX JDUDQFLMH 7)7 /&' SDQHO QD 3KLOLSV PRQLWRUX UDYQRJ SDQHOD PRUD GD LPD YLåH SLNVHOD LOL SRG SLNVHOD NRML QHGRVWDMX L SUHYD]LOD]H WROHUDQFLMX QDYHGHQX X VOHGH LP WDEHODPD 2ä7( (1-$ 69(7/( 7$ . ( VYHWOL SRGSLNVHO VXVHGQD VYHWOD SRGSLNVHOD VXVHGQD VYHWOD SRGSLNVHOD MHGDQ EHOL SLNVHO 5DVWRMDQMH L]PHGX GYD RåWH HQMD VYHWOH WD NH 8NXSQR RåWH HQMD VYHWOH WD NH VYLK YUVWD 2ä7( (1-$ &51( 7$ . ( WDPQL SRGSLNVHO VXVHGQD WDPQD SRGSLNVHOD VXVHGQD WDPQD SRGSLNVHOD 5D]GDOMLQD L]PH X GYD RåWH HQMD FUQH WD NH 8NXSQR RåWH HQMD VYHWOH WD NH VYLK YUVWD 8. 8312 2ä7( (1-$ 7$ . ( 8NXSQR RåWH HQMD VYHWOH LOL FUQH WD NH VYLK YUVWD 35, +9$7/-, 9 1, 92 !PP 35, +9$7/-, 9 1, 92 LOL PDQMH LOL PDQMH !PP LOL PDQMH 35, +9$7/-, 9 1, 92 LOL PDQMH %HOHåND LOL RåWH HQD VXVHGQLK SRGSLNVHOD RåWH HQMH WD NH 2YDM PRQLWRU MH X VDJODVQRVWL VD , 62 , 62 (JURQRPVNL ]DKWHY DQDOL]H L PHWRGD WHVWLUDQMD VDJODVQRVWL ]D HOHNWURQVNR YL]XHOQL SULND] %ULJD R NXSFLPD *DUDQFLMD %ULJD R NXSFLPD *DUDQFLMD =D LQIRUPDFLMH R SRNUL X JDUDQFLMH L ]DKWHYX ]D GRGDWQX SRGUåNX ]D YDå UHJLRQ PROLPR SRVHWLWH LQWHUQHW SUH]HQWDFLMX ZZZSKLOLSVFRPVXSSRUW ]D GHWDOMH 7DNR H PRçHWH NRQWDNWLUDWL VYRM ORNDOQL EURM 3KLOLSV FHQWUD ]D EULJX R SRWURåD LPD NRML VH QDOD]L LVSRG . RQWDNW LQIRUPDFLMH ]D UHJLRQ =$3$'1( (9523( 'UçDYD *HUPDQ\ 8QLWHG . LQJGRP , UHODQG 6SDLQ )LQODQG )UDQFH *UHHFH , WDO\ 1HWKHUODQGV 'HQPDUN 1RUZD\ 6ZHGHQ 3RODQG $XVWULD %HOJLXP /X[HPERXUJ 3RUWXJDO 6ZLW]HUODQG $6& 6LHPHQV , 6 , QYHF 6FRWODQG , QYHF 6FRWODQG (DWVD 6SDLQ $QRYR $QRYR $OOPDQ +HOODV $QRYR ( &DUH $QRYR $QRYR $QRYR =ROWHU 6LHPHQV , 6 ( &DUH ( &DUH (DWVD 6SDLQ $QRYR %URM VHUYLVD ]D NXSFH &HQD ¼ /RFDO FDOO WDULII /RFDO FDOO WDULII ¼ /RFDO FDOO WDULII ¼ )UHH RI FKDUJH ¼ ¼ /RFDO FDOO WDULII /RFDO FDOO WDULII /RFDO FDOO WDULII /RFDO FDOO WDULII ¼ ¼ /RFDO FDOO WDULII /RFDO FDOO WDULII /RFDO FDOO WDULII %ULJD R NXSFLPD *DUDQFLMD . RQWDNW LQIRUPDFLMH ]D UHJLRQ &(175$/1( , =$3$'1( (9523( 'UåDYD 3R]LYQL FHQWDU $6& %URM VHUYLVD ]D NXSFH %(/$586 %8/*$5, $ &52$7, $ (6721, $ /$79, $ /, 7+8$1, $ 520$1, $ 6(5%, $ 0217(1(*52 6/29(1, $ 8. 5$, 1( 5XVVLD 6ORYDNLD 7XUNH\ &]HFK 5HS +XQJDU\ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ 1$ , %$ /$1 6HUYLFH 5HQRSURP )8-, 768 k6HUYLFH1HW /9y /WG 8$% 6HUYLFHQHW %OXH 5LGJH , QWO . LP 7HF GRR 3& +DQG &RPHO 7RSD]6HUYLFH &RPSDQ\ &36 &((( 3DUWQHUV 'DWDODQ 6HUYLFH 7HFKSUR $VXSSRUW 6HUZDUH 3URIL 6HUYLFH  IRU UHSDLU  IRU VDOHV . RQWDNW LQIRUPDFLMH ]D UHJLRQ /$7, 16. ( $0(5, . ( 'UçDYD 3R]LYQL FHQWDU %URM VHUYLVD ]D NXSFH %UD]LO $UJHQWLQD 9HUPRQW . RQWDNW LQIRUPDFLMH ]D . LQX . LQD %URM VHUYLVD ]D NXSFH . RQWDNW LQIRUPDFLMH ]D 6(9(518 $0(5, . 8 'UçDYD 86$ &DQDGD 3R]LYQL FHQWDU 726 6XSHUFRP $6& 7HOHSODQ 6XSHUFRP %URM VHUYLVD ]D NXSFH   %ULJD R NXSFLPD *DUDQFLMD . RQWDNW LQIRUPDFLMH ]D $30($ UHJLRQ 'UåDYD $XVWUDOLD 1HZ =HDODQG +RQJ . RQJ 0DFDX , QGLD , QGRQHVLD 6RXWK . RUHD 0DOD\VLD 3DNLVWDQ 6LQJDSRUH 3R]LYQL FHQWDU $6& $*26 1(7:25. HNUDQ L]JOHGD WRSOR VD WRQRP FUYHQREHOH ERMH GRN WHPSHUDWXUD RG . GDMH KODGDQ SODYREHOL WRQ V5*% RYR MH VWDQGDUGQR SRGHåDYDQMH ]D REH]EH LYDQMH WD QH UD]PHQH ERMD L]PH X UD]OL LWLK XUH DMD QSU GLJLWDOQL 5Hå 'UDMYHU ]D YDåX YLGHR NDUWLFXJUDILNX L 5HåDYDQMH SUREOHPD L QDM Hå H SRVWDYOMDQD SLWDQMD )$4 IRWRDSDUDWL PRQLWRUL åWDPSD L VNHQHUL LWG 8VHU 'HILQH . RULVQL NL GHILQLVDQR NRULVQLN PRçH ELUDWL VYRMX RPLOMHQX ERMX SRGHåDYDQMD SRGHåDYDQMHP FUYHQH ]HOHQH SODYH ERMH %HOHåND 0HUHQMH ERMH VYHWOD NRMH ]UD L QHNL SUHGPHW GRN VH ]DJUHYD 2YR PHUHQMH VH L]UDçDYD DSVROXWQRP VNDORP VWHSHQL X . HOYLQLPD 1LçH WHPSHUDWXUH X . HOYLQLPD NDR åWR VX RQH RG . VX FUYHQH YLåH WHPSHUDWXUH NDR åWR VX RQH RG . VX SODYH 1HXWUDOQD WHPSHUDWXUD MH EHOD QD . 8SR]RUHQMH 2]ELOMQL VLPSWRPL XUH]LYDQMD VOLNH LOL VOLNH NRMD RVWDMH QD HNUDQX LOL IDQWRPQH VOLNH QH H QHVWDWL L QH PRJX VH SRSUDYLWL 2åWH HQMH SRPHQXWR JRUH QLMH SRNULYHQR JDUDQFLMRP 3ULOLNRP VYDNRJ QDSXåWDQMD PRQLWRUD SRNUHQLWH XYDUD HNUDQD 8YHN DNWLYLUDMWH DSOLNDFLMX ]D RVYHçDYDQMH SHULRGL QRJ HNUDQD XNROLNR YDå /&' PRQLWRU SRND]XMH QHSURPHQOMLY VWDWL QL VDGUçDM 3 =DåWR PRM HNUDQ QH SULND]XMH RåWDU WHNVW D SULND]XMH ]XS DVWD VORYD" 3 'D OL PRJX GD SRYHçHP PRM /&' PRQLWRU ]D ELOR NRML NRPSMXWHU UDGQX VWDQLFX LOL 0DF" 5Hå 'D 6YL 3KLOLSV /&' PRQLWRUL VX X SRWSXQRVWL NRPSDWLELOQL VD VWDQGDUGQLP NRPSMXWHULPD 0DFRYLPD L UDGQLP VWDQLFDPD 0RçH YDP ]DWUHEDWL DGDSWHU ]D NDEO GD SRYHçHWH PRQLWRU VD VYRMLP PHNLQWRå VLVWHPRP . RQWDNWLUDMWH VYRJ SUHGVWDYQLND ]D 3KLOLSV SURGDMX ]D YLåH LQIRUPDFLMD 3 'D OL VX 3KLOLSV PRQLWRUL XNOMX L L UHSURGXNXM" 5Hå 9Då /&' PRQLWRU UDGL QDMEROMH QD VYRMRM QDWLYQRM UH]LOXFLML RG [ #+] =D QDMEROML SULND] PROLPR NRULVWLWH RYX UH]ROXFLMX 5Hå 'D PRQLWRUL VX 3OXJDQG3OD\ NRPSDWLELOQL VD :LQGRZV 9LVWD;317 0DF 26; L /LQXNVRP 3 6WD MH VHQND VOLNH QD /&' SDQHOLPD" 5Hå 1HSUHNLGQR SULND]LYDQMH VWDWL QH VOLNH WRNRP GXçHJ YUHPHQVNRJ SHULRGD PRçH GD L]D]RYH HIHNDW XUH]DQH VOLNH SR]QDWLML L NDR VHQND VOLNH NRMD RVWDMH QD HNUDQX LOL IDQWRPVND VOLND XUH]DQD VOLND VHQND VOLNH LOL WDNR]YDQL IDQWRPQD VOLND VOLNH MH YUOR SR]QDW IHQHPHQ X WHKQRORJLML /&' SDQHOD 8 YH LQL VOX DMHYD XUH]DQD VOLND LOL IDQWRPVND VOLND LOL VHQND VOLNH NRMD RVWDMH QD HNUDQX QHVWD H SRVWHSHQR WRNRP QHNRJ SHULRGD QDNRQ LVNOMX HQMD VWUXMH . RQLQNOLMNH 3KLOLSV (OHFWURQLFV 1 9 6YD SUDYD VX ]DGUçDQD 3KLOLSV L 3KLOLSV 6KLHOG (PEOHP VX UHJLVWURYDQH WUJRYD NH PDUNH NRPSDQLMH . QRLQNOMNH 3KLOLSV (OHFWURQLFV 19 L NRULVWH VH SRG OLFHQFRP . QRLQNOMNH 3KLOLSV (OHFUWRQLFV 19 6SHFLILNDFLMH VX SRGORçQH SURPHQDPD EH] REDYHåWHQMD 9HU]LMD 0(7 [. . . ] VX FUYHQH YLåH WHPSHUDWXUH NDR åWR VX RQH RG . [. . . ]