&21',7,216'(/$*$5$17,(
&KqUHFOLHQWHFKHUFOLHQW
1RVSURGXLWVVRQWVRXPLVjGHVFRQWU{OHVGHTXDOLWpULJRXUHX[6LPDOJUpFHV
FRQWU{OHVYRWUHDSSDUHLOQHIRQFWLRQQHSDVFRUUHFWHPHQWQRXVYRXVGHPDQGRQV
GHFRQWDFWHUOHVHUYLFHDSUqVYHQWHLQGLTXpFLGHVVRXV
'DQVOHFDVGµXQHUpFODPDWLRQYHXLOOH]FRQWDFWHUQRWUHKRWOLQHGHVHUYLFHDSUqV
YHQWHDXSUpDODEOHSDUWpOpSKRQHTXLYRXVUHQVHLQJHUDVXUOHVPRGDOLWpV6µLO
YRXVSODvWQµHQYR\H]SDVYRWUHDUWLFOHVDQVDSSHOSUpDODEOH
+RWOLQHGHVHUYLFH
]HLWORVVHUYLFH
FR.OH\OLQJ6$67UDQVSRUWV,QWHUQDWLRQDX[
51
)$OJROVKHLP
&RQGLWLRQVGHJDUDQWLHVDQVSRXUDXWDQWUpGXLUHOHVGURLWVOpJDX[
/DJDUDQWLHDXQHGXUpHPD[LPXPGHDQVjFRPSWHUGHODGDWHGµDFKDWGX
SURGXLW/DJDUDQWLHFRQVLVWHVRLWHQODUpSDUDWLRQGHVGpIDXWVGHPDWpULDX[HW
GHIDEULFDWLRQRXHQOµpFKDQJHGXSURGXLW&HVHUYLFHHVWJUDWXLW
/HVGpIDXWVGRLYHQWrWUHVLJQDOpVUDSLGHPHQW7RXWHUpFODPDWLRQDXGHOjGH
ODGXUpHGHODJDUDQWLHQHSHXWrWUHSULVHHQFRPSWHVDXIVLHOOHLQWHUYLHQWGDQV
XQGpODLGHVHPDLQHVjOµH[SLUDWLRQGHFHOOHFL
9RXV GHYH] HQYR\HU OH SURGXLW GpIHFWXHX[ DFFRPSDJQp GH OD FDUWH GH
JDUDQWLHHWGXWLFNHWGHFDLVVHDXVHUYLFHDSUqVYHQWHVDQVSD\HUOHSRUW6LOH
GpIDXWHVWFRXYHUWSDUODJDUDQWLHYRXVUHFHYUH]OµDSSDUHLOUpSDUpRXXQQRXYHO
DSSDUHLO&HFLHVWpJDOHPHQWYDODEOHSRXUOHVUpSDUDWLRQVjGRPLFLOH
'DQV OH FDV GµXQ GpIDXW QRQ JDUDQWL OHV IUDLV GH UpSDUDWLRQV VHURQW j YRWUH
FKDUJH,OHVWQpDQPRLQVSRVVLEOHGHVµDGUHVVHUDX6$9PHQWLRQQp