.DOXVWHHQYDOPLVWHOX
9DOPLVWDDVHQQXVDXNNRW\|WDVRRQDVHQQXVSLLUURNVHQPXNDDQ
NXYD
+XRPDXWXV /HLNNXXSLQQDQ NXOPDQ W\|WDVRRQ QlKGHQ SLWll ROOD
6LYXLOOD ROHYLHQ DVHQQXVDXNRQ UHXQRMHQ SLWll ROOD WDVDLVHW
-RVW\|WDVRRQPRQLNHUURNVLQHQNLLQQLWlWDUYLWWDHVVDDXNRQ
VLYXLKLQOLVWDW
-RWWDODLWWHHQRLNHDWRLPLQWDYRLGDDQWDDWDNHLWWRWDVRDRQ
WXXOHWHWWDYDDVLDQPXNDLVHVWL7HHVLWlYDUWHQDODNDDSSLLQ
LOPDQSRLVWRDXNNRMRQNDSRLNNLOHLNNDXVRQYlKLQWllQ FPò
1RXGDWDYlKLPPlLVHWlLV\\NVLlNXQDVHQQXVWHKGllQ
YHWRODDWLNRQ\OlSXROHOOH NXYD &
3RLVWD \OLQ YHWRODDWLNNR MD NLLQQLWl NDOXVWHHVHHQ YDVWDDYD VRSLYD
YHUKRXV
.DOXVWHHQMDODLWWHHQYDOPLVWHOXNLHUWRLOPDNl\WW|lYDUWHQ
.DOXVWHDXNRQYDOPLVWDPLQHQ
7HHNDOXVWHHQVRNNHOLOLVWDDQLOPDQSRLVWRDXNNR
+XRPDXWXV 6XXQQLWWHOHLOPDQSRLVWRDXNROOHYlKLQWllQ
Q FPòQSRLNNLOHLNNDXV7HHVRNNHOLSDQHHOLLQ
PDKGROOLVLPPDQVXXULSRLVWRDXNNRMRWWDYHWRMDNl\QWLllQL
S\V\YlWSLHQLQl
3RLVWDNDOXVWHHQWDNDVHLQl
3RLVWDWDUYLWWDHVVDNDOXVWHHQWDNDVHLQlQ\OlOLVWD
0llULWlW\|WDVRQDXNRQWDNDUHXQDVVDNHVNLNRKWDMDSLLUUlVHMD
PROHPPDWYLLYDWS\VW\VXRUDDQDODVSlLQNDOXVWHHQSRKMDDQ
NXYD D
6XRULVWDNLLQQLW\VOHY\NDOXVWHHQSRKMDDQNHVNLOLQMDDQ NXYD E
-RVNDOXVWHHVVDRQYHWRODDWLNRWVXOMHDOLQYHWRODDWLNNR
NRNRQDDQ -RV NLLQQLW\VOHY\ NDWRDD OLLDQ SLWNlOOH YHWRODDWLNRQ DOOH
VLLUUlVLWlNDOXVWHHQWDNDVLYXQVXXQWDDQ6XRULVWDNLLQQLW\VOHY\
VLLQl ROHYLHQ PHUNLQW|MHQ DYXOOD VDPDQVXXQWDLVHVWL NHVNLOLQMDDQ
NXYD F
+XRPDXWXNVLD
■ -RVYHWRODDWLNRQMDNDOXVWHHQSRKMDQYlOLQHQHWlLV\\VRQOLLDQ
SLHQLNLLQQLW\VOHY\QNLLQQLWWlPLVHNVLUXXYHLOODNDOXVWHHQ
SRKMDDQNllQQlNLLQQLW\VOHY\lMDNLLQQLWlDOKDDOWDSlLQ
UXXYHLOODNDOXVWHHQSRKMDDQ NXYD E6XRULVWDNLLQQLW\VOHY\
HQVLQ\OKllOWlSlLQNDOXVWHHQSRKMDDQMRWWDYRLWPllULWWll
NLLQQLW\VOHY\QRLNHDQVLMDLQQLQ NXYD F
■ 9DOLWVHNLLQQLW\VOHY\QVLMDLQQLVWDULLSSXHQYDVWDDYD
MDWNRNDSSDOH
■ -RVNLLQQLW\VOHY\lHLVDDW\|QQHWW\lWDUSHHNVLSDOMRQ
WDDNVHSlLQNl\WlYHWRODDWLNNRDMRQNDV\Y\\VRQSLHQHPSL
3LLUUl WDUYLWWDHVVD NLLQQLW\VOHY\Q DYXOOD DXNNR NDOXVWHHQ SRKMDDQ
MDWHHDXNNR NXYD G
3RLVWDODVWXWDXNRQWHNHPLVHQMlONHHQ
+XRPDXWXV .lVLWWHOHOHLNNXXSLQQDWNXXPXXWWDNHVWlYLNVLMD
YHGHQSLWlYLNVL
.LLQQLWlNLLQQLW\VOHY\UXXYHLOODMDNLLQQLWlGLIIXXVRUL
SDLNDOOHHQ
-RVHWlLV\\VYHWRODDWLNRQMDNDOXVWHHQSRKMDQYlOLOOlRQULLWWlYl
NLLQQLWlNLLQQLW\VOHY\PXRYLUXXYHLOOD\OKllOWlSlLQODDNHDQ
NDQDYDQDOHPSDDQNDDULRVDDQ NXYD D
+XRPDXWXV .llQQlWDUYLWWDHVVDODDNHDQNDQDYDQNDDULRVDD
MRWWDLOPDQXORVWXORDXNNRRQYDVWDNNDLVHOODVLYXOOD
.LLQQLWlNLLQQLW\VOHY\SXXUXXYHLOOD\OKllOWlSlLQNDOXVWHHQ
SRKMDDQ NXYD D
+XRPDXWXV -RVYHWRODDWLNRQMDNDOXVWHHQSRKMDQYlOLQHQ
HWlLV\\VRQOLLDQSLHQLNLLQQLW\VOHY\QNLLQQLWWlPLVHNVLUXXYHLOOD
NDOXVWHHQSRKMDDQNllQQlNLLQQLW\VOHY\lMDNLLQQLWl
DOKDDOWDSlLQUXXYHLOODNDOXVWHHQSRKMDDQ NXYD E
.LLQQLWlGLIIXXVRULODDNHDQNDQDYDQDOHPSDDQNDDULRVDDQ
NXYD F
/DDNHDQNDQDYDQ\OHPPlQNDDULRVDQDVHQQXV
9DOLWVHWDUYLWWDHVVDMDWNRNDSSDOHNLLQQLW\VOHY\QSDLNDVWDMD
NDOXVWHHQV\Y\\GHVWlULLSSXHQ0LWlSLGHPSLMDWNRNDSSDOHVLWl
V\YHPSLYRLODDWLNNRROOD.LLQQLWlMDWNRNDSSDOHQHOMlOOl
PXRYLUXXYLOODNHLWWRWDVRQSRLVWRDXNNRRQ NXYD
.LLQQLWlODDNHDQNDQDYDQ\OHPSLNDDULRVDNHLWWRWDVRQ
SRLVWRDXNNRRQWDLMDWNRNDSSDOHHVHHQ
.DOXVWHHQMDODLWWHHQYDOPLVWHOXSRLVWRLOPDNl\WW|lYDUWHQ
.LLQQLWlVXSLVWXVNDSSDOHWDLODDNHDQNDQDYDQNDDULRVDQHOMlOOl
PXRYLUXXYLOODNHLWWRWDVRQSRLVWRDXNNRRQWDLMDWNRNDSSDOHHVHHQ
NXYD
+XRPDXWXV .LLQQLWlWDUYLWWDHVVDMDWNRNDSSDOHUXXYHLOOD
NHLWWRWDVRRQ 0LWWDD YHWRODDWLNRQ VDOOLWWX V\Y\\V 6 QRXGDWD WlOO|LQ
PPHWlLV\\WWlSRLVWRSXWNHHQ9HWRODDWLNRQV\Y\\VYRL
YDLKGHOODNl\WHW\VWlMDWNRNDSSDOHHVWDULLSSXHQ NXYD
7HHSRLVWRLOPDQODLWHNRNRRQSDQRVWDULLSSXHQSRLVWRLOPDSXWNHOOH
DXNNRNDOXVWHHQWDNDVHLQllQSRLVWDWDNDVHLQlWDLWHHDXNNR
NDOXVWHHQSRKMDDQ
3RLVWDODVWXWDXNRQWHNHPLVHQMlONHHQ
+XRPDXWXV .lVLWWHOHOHLNNXXSLQQDWNXXPXXWWDNHVWlYLNVLMD
YHGHQSLWlYLNVL
6lKN|OLLWlQQlQYDOPLVWHOX
+XRPDXWXV 1RXGDWD NDSSDOHHVVD 6lKN|OLLWlQWl OXYXVVD <OHLVLl
RKMHLWDROHYLDRKMHLWD
-RVODLWWHHVVDHLROHYDOPLLNVLDVHQQHWWXDMRKWRDYLH
YHUNNRMRKWROLLWlQWlUDVLDDQ
.llQQlNHLWWRWDVR\O|VDODLVLQMDDVHWDVHSDNNDXNVHQSRKMDQ
SllOOHOLLQDOOHWDLPXXOOHSLQQDOOHMRWWDYlOWlWQDDUPXXQWXPLVHQ
1RVWDOLLWlQWlUDVLDQNDQWWDUXXYLPHLVVHOLQDYXOOD NXYD
,UURWDNLLQQLW\VUXXYLMDQRVWDNLULVWLQWlUXXYLPHLVVHOLQDYXOOD
NXYD
/LLWlOLLWlQWlUDVLDDQYDLQNXYDQRVRLWWDPDOODWDYDOOD NXYD
%1UXVNHD
%8VLQLQHQ
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%.PXVWD
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■ $VHQQDWDUYLWWDHVVDPXNDQDWRLPLWHWXWNXSDULOLLWWLPHW
OLLWlQWlNXYDQPXNDDQ
■ 9DUPLVWDHWWlOLLWlQWlUDVLDVVDROHYDWUXXYLNLULVWHWllQVHQ
MlONHHQNXQMRKGRWRQOLLWHWW\
■ /LLWlQQlQ1a1a\KWH\GHVVlYDVWDDYDLKH/KDUPDD
WXXOHWLQPRRWWRULD
.LLQQLWlYHUNNRMRKWRNLULVWLPHOOlMDNLULVWlNLLQQLW\VUXXYL NXYD
6XOMHOLLWlQWlUDVLDQNDQVL
+XRPDXWXV 6LMRLWDMRKGRWOLLWlQWlUDVLDQNHVNHOOHMRWWD
VXONHPLQHQRQKHOSRPSDD
+XRPDXWXV -RVWDUYLWVHWSLGHPPlQYHUNNROLLWlQWlMRKGRQRWD
\KWH\VKXROWRSDOYHOXXQ.l\WHWWlYLVVlRQOLLWlQWlMRKWRMDDLQD
PVDDNND
/DLWWHHQDVHQWDPLQHQ
: (OHNWURQLVWHQLPSODQWWLHQNl\WWlMlW
/DLWWHHVVDYRLROODNHVWRPDJQHHWWHMDMRWNDYRLYDWYDLNXWWDD
HOHNWURQLVLLQLPSODQWWHLKLQHVLPHUNLNVLV\GlPHQWDKGLVWLPLLQWDL
LQVXOLLQLSXPSSXLKLQ3LGlVHQWlKGHQDVHQQXNVHQ\KWH\GHVVl
YlKLQWllQFPQHWlLV\\VHOHNWURQLVLLQLPSODQWWHLKLQ
: 6lKN|LVNXQYDDUD
/DLWWHHQVLVlSXROHOODROHYDWUDNHQQHRVDWYRLYDWROOD
WHUlYlUHXQDLVHW/LLWlQWlMRKWRYRLYDXULRLWXD9DUPLVWDHWWl
OLLWlQWlMRKWRHLWDLYXM\UNlOOHPXWNDOOHWDLMllSXULVWXNVLLQ
DVHQQXNVHQDLNDQD
: /RXNNDDQWXPLVYDDUD
5DNHQQHRVDW MRLKLQ SllVHW DVHQQXNVHQ DLNDQD NlVLNVL YRLYDW ROOD
WHUlYlUHXQDLVLD.l\WlVXRMDNlVLQHLWl
.HLWWRWDVRQDVHQQXV
bOlNl\WlWLLYLVWlPLVHHQVLOLNRQLD NXYD D
$VHWDODLWHNHVNHOOHDVHQQXVWLODD NXYD E
.LLQQLWlPXNDQDWRLPLWHWXWNLLQQLNNHHWSDLNRLOOHHQMDNLULVWl
YDURYDVWL.RKGLVWDNHLWWRWDVRNLLQQLNNHLGHQDYXOODVDPDDQ
WDVRRQW\|WDVRQNDQVVD NXYD F
+XRPDXWXV bOlNl\WlVlKN|WRLPLVWDUXXYLQYllQQLQWl