92/80(5(*(/,1*(;7(51(&20321(17(1
2SGH03$NDQORVVHDSSDUDWXXUZRUGHQDDQJHVORWHQ'HQNKLHUELMDDQHHQ
'9'VSHOHUNDUDRNHPLQLGLVNVSHOHURIHHQORVVHPSVSHOHU'H]HDSSDUDWHQ
KHEEHQHHQOLQHXLWJDQJ'H]HNXQQHQPHWGHMXLVWHNDEHOVQLHWPHHJHOHYHUG
DDQJHVORWHQZRUGHQRSGH$8;LQJDQJHQYDQGHVHW
$8;92/80(5(*(/,1*
-DFNPPLVHHQPRQRLQJDQJ&LQFKRIWXOSLVHHQVWHUHRLQJDQJ
+HWLVDDQWHUDGHQRPRIGHMDFNLQSXWRIGH&LQFKLQSXWVHSDUDDWWHJHEUXLNHQ
%LMJHEUXLNYDQEHLGHLQJDQJHQWHJHOLMNHUWLMGNXQQHQYHUYRUPLQJHQLQKHWJHOXLG
RQWVWDDQ0HWYROXPHUHJHODDU³$8;92/´NXQWXKHWYROXPHYDQGH]HLQJDQJ
UHJHOHQ/HWHURSGDWGHPDVWHUYROXPHUHJHODDULHWVRSHQVWDDWDQGHUVKRRUWX
QLHWV
0,&52)22192/80(5(*(/,1*
2SGHLQJDQJHQ³0,&´HQ³0,&¶NXQQHQWZHHH[WHUQHPLFURIRRQVPHWNDEHOV
ZRUGHQDDQJHVORWHQ0HWYROXPHUHJHODDUV³0,&92/´HQ³0,&92/´NDQYDQ
GHGHVEHWUHIIHQGHLQJDQJHQKHWYROXPHZRUGHQJHUHJHOG
/HWHURSGDWGHPDVWHUYROXPHUHJHODDULHWVRSHQVWDDWDQGHUVKRRUWXQLHWV
())(&75(*(/,1*
'H03$LVYRRU]LHQYDQHHQHFKRHQWRRQUHJHOLQJ
7UHEOH0HWGH]HUHJHODDUNXQWXGHKRJHWRQHQVWHUNWHUHJHOHQ
%DVV0HWGH]HUHJDODDUNXQWXGHODJHWRQHQVWHUNWHUHJHOHQ
(FKR+LHUPHHYRHJWXHFKRWRHRSGHPLFURIRRQNDQDOHQ'HUHJHODDUUHFKWVRP
GUDDLHQRPKHWHFKRHIIHFWWHYHUJURWHQOLQNVRPGUDDLHQRPKHWHIIHFWWHYHUNOHL
QHQRIRPQDGHNOLNGH]HIXQFWLHXLWWHVFKDNHOHQ
35,25,7<6&+$.(/$$5
$OVXGHSULRULW\VFKDNHODDUDDQ]HWGDQ]DOKHWJHOXLGYDQDOOHEURQQHQYHU]ZDN
NHQDOVHULQHHQPLFURIRRQZRUGWJHVSURNHQ2RNGHLQJDQJHQYRRUH[WHUQHDS
SDUDWHQ]XOOHQZRUGHQYHU]ZDNW0HWGHYROXPHUHJHODDUVYDQGHPLFURIRRQVNXQW
XKHWPRPHQWEHSDOHQZDQQHHUGHPX]LHNZRUGWYHU]ZDNW$OVXGHPLFURIRRQRS
PXWH]HW]DOGHPX]LHNDXWRPDWLVFKZHHUQDDUKHWLQJHVWHOGHYROXPHWHUXJNHUHQ
'HSULRULW\DFWLYHULQJVUHJHOLQJZHUNWRSGHGUDDGOR]HPLFURIRRQHQRSH[WHUQDDQ
JHVORWHQPLFURIRRQV$OVGHSULRULW\IXQFWLHZRUGWJHDFWLYHHUG]DOGH³YRLFHSULRULW\´
OHGJDDQRSOLFKWHQ