Istruzioni per l'uso PANASONIC TX26LE7L

[. . . ] Gvth PT9 !# Avhr W8S 9W9S !$ Avhr qv Uryrvqr !% 8yyrthrv 6qvWvqr !( 6HOH]LRQQH VRUJHQWH $9 H IXQ]LRQL , QJUHVVR SHU OH FXIILH 3UHVH SRVWHULRUL , QIRUPD]LRQL VXOOD SUHVD 6&$57 H 69LGHR Bvqh hyyh yvr qrv iyrv "!Ir vqvphvr "" 8hhrvvpur rpvpur "" Dvv hyyvrhr "# 3DQDVRQLF $9& 1HWZRUNV &]HFK V U R GLFKLDUD FKH TXHVWR DSSDUHFFKLR PRGHOOR 7; /$) ý FRQIRUPH DO '0 1U RWWHPSHUDQGR DOOH SUHVFUL]LRQL GL FXL DO '0 SDU $OO$ HG DO '0 SDU $OO O 4XHVWL DSSDUHFFKL 7; /$) VRQR IDEEULFDWL LQ SDHVH &(( QHOO ULVSHWWR GHOOH GLVSRVL]LRQL GL FXL DO '0 HG LQ SDUWLFRODUH ý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Ä 5LPXRYHQGR LO SDQQHOOR SRVWHULRUH VL HVSRQJRQR SDUWL VRJJHWWH DG DOWD WHQVLRQH $VWHQHUVL GDO IDUOR LQ TXDQWR DOO LQWHUQR QRQ FL VRQR SDUWL ULSDUDELOL GDOO XWHQWH - (YLWDUH GL HVSRUUH LO WHOHYLVRUH DOOD OXFH VRODUH GLUHWWD R DG DOWUH IRQWL GL FDORUH 3HU SUHYHQLUH RJQL ULVFKLR GL LQFHQGLR HYLWDUH GL FROORFDUH FDQGHOH R ILDPPH OLEHUH VRSUD R QHL SUHVVL GHOO DSSDUHFFKLR 79 - $VVLFXUDWHYL FKH FL VLD XQ DFFHVVR IDFLOH DOOD VSLQD GHO FDYR GL DOLPHQWD]LRQH - / LQWHUUXWWRUH GL DFFHQVLRQH 2Q H VSHJQLPHQWR 2II GL TXHVWR DSSDUHFFKLR QRQ HVFOXGH FRPSOHWDPHQWH O DSSDUHFFKLR 79 GDOOD VRUJHQWH GL DOLPHQWD]LRQH 3ULPD GL FROOHJDUH R VFROOHJDUH TXDOVLDVL FDYR R TXDORUD LO WHOHYLVRUH QRQ YHQJD XWLOL]]DWR SHU OXQJKL SHULRGL GLVLQVHULUH OD VSLQD GHOO DOLPHQWD]LRQH GDOOD SUHVD GHOOH UHWH HOHWWULFD 18VS6 9@G 8PIU@IDUPS@ @ 9@G Q6II@GGP 9@GGP T8C@SHP 6 8SDTU6GGD GDRVD9D 5LPXRYHUH OD VSLQD GL UHWH GDOOD SUHVD GL UHWH D PXUR ü SRVVLELOH SXOLUH LO FRQWHQLWRUH H LO SDQQHOOR D FULVWDOOL OLTXLGL FRQ XQ SDQQR PRUELGR LPEHYXWR GL GHWHUJHQWH GHOLFDWR H DFTXD 1RQ XWLOL]]DUH VROX]LRQL FRQWHQHQWL EHQ]ROR R SHWUROLR - 6H OD WHPSHUDWXUD GHOO DPELHQWH ý IUHGGD ý SRVVLELOH FKH O LPPDJLQH LPSLHJKL XQ EUHYH WHPSR SHU UDJJXLQJHUH OD OXPLQRVLW QRUPDOH PD QRQ VL WUDWWD GL XQ PDOIXQ]LRQDPHQWR 'RSR XQ EUHYH PRPHQWR O LPPDJLQH UDJJXLQJH OD OXPLQRVLW QRUPDOH - ü QHFHVVDULD XQ DGHJXDWD YHQWLOD]LRQH SHU HYLWDUH GDQQL DL FRPSRQHQWL HOHWWULFL 6L UDFFRPDQGD GL ODVFLDUH XQR VSD]LR GL DOPHQR FP LQWRUQR DOO DSSDUHFFKLR DQFKH TXDQGR VLD FROORFDWR DOO LQWHUQR GL XQ PRELOH R IUD GXH VFDIIDOL - 1RQ RVWDFRODUH YHQWLOD]LRQH FRSUHQGR L IRUL GL YHQWLOD]LRQH FRQ GHJOL RJJHWWL TXDOL JLRUQDOL WRYDJOLH H WHQGH 1HP9P @8PGPBD8P Q@S @GDHDI6S@ SDADVUD 1RQ EXWWDUH EDWWHULH LPEDOODJJL HG DWWUH]]DWXUH YHFFKLH FRPH ULILXWL GRPHVWLFL PD SURYYHGHUH DOOD UDFFROWD GLIIHUHQ]LDWD GHJOL VWHVVL FRQIRUPHPHQWH DOOH YLJHQWL GLVSRVL]LRQL GL OHJJH GHO SURSULR 3DHVH 1 WD9@PBDP8CD 8PHQVU@S Q@S VTP 9PH@TUD8P / XVR SUROXQJDWR GL YLGHRJLRFKL H FRPSXWHU GRPHVWLFL FRQ TXDOVLDVL WHOHYLVRUH SXÌ GDU OXRJR D SHUPDQHQWL ]RQH G RPEUH VXOOR VFKHUPR 3HU OLPLWDUH TXHVWR GDQQR LUUHYHUVLELOH DO SDQQHOOR GHOOR VFKHUPR D FULVWDOOL OLTXLGL RVVHUYDUH OH VHJXHQWL SUHFDX]LRQL - 5LGXUUH DO PLQLPR LQGLVSHQVDELOH SHU OD YLVXDOL]]D]LRQH L OLYHOOL GL OXPLQRVLW H FRQWUDVWR - 1RQ XWLOL]]DUH LO WHOHYLVRUH SHU SHULRGL GL WHPSR SUROXQJDWL SHU O XVR GL YLGHRJLRFKL R FRPSXWHU GRPHVWLFL - 1RQ ODVFLDUH XQ IHUPR LPPDJLQH YLVXDOL]]DWR SHU XQ OXQJR SHULRGR SHUFK FLÌ FDXVD OD SHUPDQHQ]D VXOOR VFKHUPR D FULVWDOOL OLTXLGL GHO WHOHYLVRUH GL XQ UHVLGXR GL LPPDJLQH SHUPDQHQWH - (VHPSL GL IHUPR LPPDJLQH VRQR ORJR YLGHRJLRFKL LPPDJLQL GLJLWDOL]]DWH 7HOHYLGHR H LPPDJLQL YLVXDOL]]DWH LQ PRGR - 4XHVWR GDQQR DO SDQQHOOR D FULVWDOOL OLTXLGL QRQ ý GRYXWR D XQ GLIHWWR GL IDEEULFD]LRQH SHUWDQWR QRQ ý FRSHUWR GDOOD JDUDQ]LD 3DQDVRQLF 1 AVIaDPI@ 9D TQ@BIDH@IUP) 6H O DSSDUHFFKLR QRQ YLHQH VSHQWR TXDQGR OD VWD]LRQH WHOHYLVLYD WHUPLQD OH WUDVPLVVLRQL SDVVD DXWRPDWLFDPHQWH LQ PRGR 6WDQGE\ GRSR PLQXWL 4XHVWD FDUDWWHULVWLFD QRQ ý GLVSRQLELOH TXDQGR O DSSDUHFFKLR IXQ]LRQD LQ PRGDOLW $9 $&&(6625, 9HULILFDUH GL GLVSRUUH GL WXWWL JOL DFFHVVRUL H FRPSRQHQWL TXL LOOXVWUDWL T 0DQXDOH GL LVWUX]LRQL 6FKHPD HOHWWULFR *DUDQ]LD SDQHXURSHD 7HOHFRPDQGR (85  %DWWHULH GHO WHOHFRPDQGR [ PLVXUD 5 80 %DWWHULH GHO WHOHFRPDQGR $VVLFXUDUVL FKH OH EDWWHULH VLDQR FROORFDWH ULVSHWWDQGR OD FRUUHWWD SRODULW - 1RQ PHWWHUH LQVLHPH EDWWHULH YHFFKLH H QXRYH 5LPXRYHUH LPPHGLDWDPHQWH OH EDWWHULH YHFFKLH HG HVDXULWH - 1RQ PHVFRODUH WLSL GL EDWWHULH GLYHUVL DG HVHPSLR EDWWHULH DOFDOLQH FRQ EDWWHULH DO PDQJDQHVH Q XWLOL]]DUH EDWWHULH ULFDULFDELOL 1L &G 1L0+ - , 167$//$=, 21( 6pprv rrv vhyv &ROORFDWH O DSSDUHFFKLR LQ XQ OXRJR LGRQHR DG XQD YLVLRQH FRPIRUWHYROH (YLWDWH GL SRVL]LRQDUOR Oó GRYH OD OXFH VRODUH R DOWUR WLSR GL OXPLQRVLW LQWHQVD LQFOXVL L ULIOHVVL VL SURLHWWLQR GLUHWWDPHQWH VXOOR VFKHUPR / XVR GL DOFXQL WLSL GL LOOXPLQD]LRQH D IOXRUHVFHQ]D SXR ULGXUUH LO UDJJLR GL WUDVPLVVLRQH GHO WHOHFRPDQ GR 8QD DGHJXDWD YHQWLOD]LRQH ý IRQGDPHQWDOH SHU SUHYHQLUH HYHQWXDOL JXDVWL GL FRPSRQHQWL LQWHUQL 7HQHUH O DSSDUHFFKLR ORQWDQR GD ]RQH GL HFFHVVLYR FDORUH H XPLGLW Shpphqvh qv hr yhhrppuv rpyvhrr p v v svv v qhvr r p yhvh r qv httv h hrr 8yyphvr qryyhhrppuv vprrr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ý HVSRVWR GLUHWWDPHQWH DOOD OXFH VRODUH R DOOD LOOXPLQD ]LRQH DUWLILFLDOH GHOO DPELHQWH OH LPPDJLQL DG DOWR FRQWUDVWR SRWUHEEHUR QRQ HVVHUH YLVLELOL LQ PDQLHUD FKLDUD 3HU TXHVWR PRWLYR FRQVLJOLDPR GL FROORFDUH LO WHOHYLVRUH FRQ VFKHUPR D FULVWDOOL OLTXLGL LQ XQ OXRJR QRQ HVSRVWR GLUHWWDPHQWH DL UDJJL VRODUL H GL VSHJQHUH OH ODPSDGH D IOXRUHVFHQ]D QHOOH VXH YLFLQDQ]H Pvvhvr qryyh hyv qryyvhtvr Hqhyv qvvrt qrv v r vy ryrvr p pur h pvhyyv yvvqv E E 5HJRODWH L VXSSRUWL VHFRQGR O DQJROR GHVLGHUDWR /D UHJROD]LRQH GHOO DQJROR SXR HVVHUH FRPSUHVD WUD LQ DYDQWL H LQGLHWUR )URQWDOH E E 3RVWHU 0$187(1=, 21( Qr yvr rh v vyvhr h ivq hpv 6H OH VXSHUILFL VRQR HVWUHPDPHQWH VSRUFKH XWLOL]]DUH XQ SDQQR PRUELGR LPEHYXWR GL VROX]LRQH GL DFTXD H VDSRQH R GL VROX]LRQH GL XQ GHWHUJHQWH GHOLFDWR - 3HU ULPXRYHUH OR VSRUFR SLÖ UHVLVWHQWH GDOOR VFKHUPR D FULVWDOOL OLTXLGL XWLOL]]DUH XQ SUHSDUDWR SHU OD SXOL]LD GHJOL RFFKLDOL - 3HU SXOLUH TXHVW XQLW QRQ XWLOL]]DUH PDL DOFRO GLOXHQWH SHU YHUQLFH R EHQ]LQD - 3ULPD GL XWLOL]]DUH SDQQL WUDWWDWL FKLPLFDPHQWH OHJJHUH FRQ DWWHQ]LRQH OH LVWUX]LRQL FKH DFFRPSDJQDQR LO SDQQR - 1RQ SXOLUH OR VFKHUPR D FULVWDOOL OLTXLGL FRQ DFTXD Qyvr vy prvr p h ivq 6UU@IaDPI@) 6H LO FRQWHQLWRUH ý PROWR VSRUFR SXOLUOR FRQ XQ SDQQR PRUELGR EHQ VWUL]]DWR LPEHYXWR GL GHWHUVL YR SHU SXOL]LD LQ FXFLQD QHXWUR GLOXLWR FRQ DFTXD 6H DFTXD R VRVWDQ]H VLPLOL SHQHWUDQR DOO LQWHUQR GHO PRQLWRU WUDPLWH OD VXSHUILFLH GHO SDQQHOOR D FULVWDOOL OLTXLGL QH SRVVRQR GHULYDUH PDOIXQ]LRQDPHQWL *8, '$ 5$3, '$ &ROOHJDUH O DQWHQQD H JOL DSSDUHFFKL DFFHVVRUL 5, &(9, 725( '$ 6$7(//, 7( $9 2 $9 2 9&5 '9'5 $9 2 $9 $VVLFXUDUVL LQQDQ]LWXWWR FKH LO YLGHRUHJLVWUDWRUH '9'5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ý SRVVLELOH JXDUGDUH L SURJUDPPL , FRPDQGL GHO FXUVRUH FRQWUROODQR GXH IXQ]LRQL EDVH 5HJROD YROXPH &DPELD SURJUDPPD &20$1', )21'$0(17$/, &RQWUROOL VXOOD SDUWH VXSHULRUH GHO FDELQHW , QWHUUXWWRUH 2Q2II FRUUHQWH GL UHWH 675 7DVWR GL QRUPDOL]]D]LRQH 8WLOL]]DWR SHU PHPRUL]]DUH OH VLQWRQL]]D]LRQL H DOWUH LPSRVWD]LRQL GL IXQ]LRQL ) 6HOH]LRQH GHOOD IXQ]LRQH 9LVXDOL]]D OH IXQ]LRQL GHL PHQX D VFKHUPR 3UHPHUH ULSHWXWDPHQWH SHU SDVVDUH GD XQD IXQ]LRQH DOO DOWUD 9ROXPH 5HWUR LOOXPLQD]LRQH &RQWUDVWR /XPLQRVLW &RORUH 1LWLGH]]D 7LQWD LQ PRGDOLW 176& %DVVL $FXWL %LODQFLDPHQWR H 6LQWRQLD , QWHUUXWWRUH 6WDQGE\ 2Q2II $WWLYD R GLVDWWLYD OD SRVL]LRQH 6WDQGE\ GHO WHOHYLVRUH 7DVWR GL 6WDWR 3UHPHUH SHU YLVXDOL]]DUH OD SRVL]LRQH GHO SURJUDPPD LO QRPH GHO SURJUDPPD LO QXPHUR GL FDQDOH LO VLVWHPD WHOHYLVLYR OD PRGDOLW RUDVWHUHR H OD WDEHOOD GHL SURJUDPPL SDJLQD  7DVWL GL FRPDQGR $VSHFW SDJLQD  7DVWR 2. [. . . ] + £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à - 2. + £ 6HOH]LRQDUH &DPELR 3HU XVFLUH $FFHGHUH DO PHQX , PPDJLQH 3RVL]LRQDUVL VXOOD VHOH]LRQH GHVLGHUDWD $XPHQWDUH R GLPLQXLUH L OLYHOOL R VHOH]LRQDUH OH RS]LRQL 3UHPHUH LO WDVWR 79$9 SHU XVFLUH GDO PHQX , PDJLQH 3UHPHUH LO WDVWR 1 SHU LO ULWRUQR DOO LPSRVWD]LRQH SUHVWDELOLWD LQ IDEEULFD 0RGR LPPDJLQH 0HQX LPPDJLQH 79$9 1 0RGR LPPDJLQH 'LQDPLFR 5HWUR LOOXPLQD] &RQWUDVWR /XPLQRVLWj &RORUH 1LWLGH]]D 7HPS FRORUH 1RUPDOH 315 $XWR 0HQX LPPDJLQH 5HWUR LOOXPLQD]LRQH &RQWUDVWR /XPLQRVLW &RORUH 7LQW VROR 176& 1LWLGH]]D 7HPS FRORUH 3 15 , O PRGR LPPDJLQH QHO PHQX LPPDJLQH 9L SHUPHWWH GL VFHJOLHUH UHJRODUH H PHPRUL]]DUH WUH GLIIHUHQWL LPSRVWD]LRQL GHOO LPPDJLQH GHOOR VFKHUPR r GLQDPLFR QRUPDOH H FLQHPD , Q RJQL LPSRVWD]LRQH GHO PRGR , PPDJLQH SRVVRQR HVVHUH 0HQX LPPDJLQH LPSRVWDWL H PHPRUL]]DWL UHWUR 0RGR LPPDJLQH &LQHPD LOOXPLQD]LRQH FRQWUDVWR OLPLQRVLW FRORUH QLWLGH]]D H WLQWD 5HWUR LOOXPLQD] VROR 176& LQ EDVH DOOH 9RVWUH &RQWUDVWR /XPLQRVLWj ULFKLHVWH &RORUH SHUVRQDOL]]DWHULJXDUGDQWH O LPPDJLQHOR VFKHUPR SHV 1LWLGH]]D 1RUPDOH SRWHWH ULFKLHGHUH GLYHUVH 7HPS FRORUH 315 $XWR LPSRVWD]LRQL SHU JXDUGDUH OH WUDVPLVVLRQL VSRUWLYH ILOP WHOHJLRQDOH HFF , O PRGR , PPDJLQH 9L RIIUH DO PDVVLPR WUH LPSRVWDWXUH VHSDUDWH SHU RJQL IRQWH GHO VHJQDOH 5) $9 LQFOXVR 5*% $9 $QDOL]]DQGR H WUDWWDQGR O LPPDJLQHOR VFKHUPR LQ DUULYR WXWL L WUH PRGL GLVSRQJRQR GHOO DFFUHVFLPHQWR DXWRPDWLFR GHOO LPPDJLQH 3UHPHQGR LO WDVWR 1 VXO WHOHFRPDQGR SRWHWH WRUQDUH DOO LPSRVWD]LRQH RULJLQDOH GHOOD IDEEULFD GHO SURILOR SUHVFHOWR , OLYHOOL GL 5HWUR LOOXPLQD]LRQH &RQWUDVWR /XPLQRVLW &RORUH H 1LWLGH]]D SRVVRQR HVVHUH UHJRODWL VHFRQGR LO JXVWR SHUVRQDOH H OH FRQGL]LRQL GL YLVLRQH / LPSRVWD]LRQH GHO ELODQFLDPHQWR GHO FRORUH SHUPHWWH GL VWDELOLUH OD WRQDOLW FRPSOHVVLYD GHOO LPPDJLQH 315 ULGXFH DXWRPDWLFDPHQWH OH LQWHUIHUHQ]H LQGHVLGHUDWH GHOO LPPDJLQH 0RGR LPPDJLQH 1RUPDOH 5HWUR LOOXPLQD] &RQWUDVWR /XPLQRVLWj &RORUH 1LWLGH]]D 7HPS FRORUH 1RUPDOH 315 $XWR 0(18 $8', 2 , O PHQX $XGLR SHUPHWWH GL LPSRVWDUH OH SUHIHUHQ]H SHUVRQDOL SHU WXWWL JOL DVSHWWL UHODWLYL DOOD TXDOLW GHOO DXGLR $SULUH LO PHQX 3ULQFLSDOH 3RVL]LRQDUVL VXO PHQX $XGLR $FFHGHUH DO PHQX $XGLR 3RVL]LRQDUVL VXOOD VHOH]LRQH GHVLGHUDWD $XPHQWDUH R GLPLQXLUH L OLYHOOL R VHOH]LRQDUH OH RS]LRQL 3UHPHUH LO WDVWR 79$9 SHU XVFLUH GDO PHQX $XGLR 9ROXPH %DVVL 0(18 5LWRUQR à - 2. + £ 6HOH]LRQDUH 5HJROD]LRQH 3HU XVFLUH + 0HQX DXGLR 79$9 9ROXPH %DVVL $FXWL %LODQFLDPHQWR 03; 0RGR DXGLR 3UHVHQ]D - 0RQR 0XVLFD 2II 4XHVWD UHJROD]LRQH LPSRVWD O XVFLWD FRPSOHVVLYD GHO YROXPH /D UHJROD]LRQH GHL EDVVL SRWHQ]LD OH IUHTXHQ]H SLÖ EDVVH H SURIRQGH HG LO ORUR OLYHOOR SXÌ HVVHUH DXPHQWDWR R GLPLQXLWR /D UHJROD]LRQH GHJOL DFXWL DFFHQWXD OH IUHTXHQ]H SLÖ DOWH H DFXWH HG LO ORUR OLYHOOR SXÌ HVVHUH DXPHQWDWR R GLPLQXLWR $FXWL %LODQFLDPHQWR 4XHVWD UHJROD]LRQH DJLVFH VXO OLYHOOR GHO VXRQR IUD O DOWRSDUODQWH GL GHVWUD H TXHOOR GL VLQLVWUD ü SRVVLELOH HIIHWWXDUH XQD UHJROD]LRQH LQ PRGR FKH LO OLYHOOR VRQRUR GDJOL DOWRSDUODQWL VLD DGDWWR DOOD SRVL]LRQH GL DVFROWR 03; 03; YLHQH JHQHUDOPHQWH LPSRVWDWR VX 6WHUHR SHU RWWHQHUH OD ULSURGX]LRQH RWWLPDOH WXWWDYLD VH OD ULFH]LRQH VL GHWHULRUD R VH LO VHUYL]LR QRQ ý GLVSRQLELOH VL FRQVLJOLD GL LPSRVWDUH TXHVWR YDORUH VX 0RQR ü SRVVLELOH LQROWUH VHOH]LRQDUH 0RQR 0 H 0 VH YHQJRQR WUDVPHVVL L UHODWLYL VHJQDOL / DXGLR SXÌ HVVHUH PLJOLRUDWR PHGLDQWH OH RS]LRQL 0XVLFD R 3DUODWR VHOH]LRQDQGR OD IXQ]LRQH DSSURSULDWD / RS]LRQH 3UHVHQ]D PLJOLRUD GLQDPLFDPHQWH LO VXRQR PHGLDQWH OD VLPXOD]LRQH GL GLYHUVL HIIHWWL GL VSD]LR 0RGR DXGLR 3UHVHQ]D 0(18 )81=, 21, , O PHQX )XQ]LRQL SHUPHWWH GL DFFHGHUH D GLYHUVH IXQ]LRQL DYDQ]DWH H DO PHQX 6LQWRQLD $SULUH LO PHQX 3ULQFLSDOH 3RVL]LRQDUVL VXO PHQX )XQ]LRQL $SULUH LO PHQX )XQ]LRQL 3RVL]LRQDUVL VXOOD VHOH]LRQH GHVLGHUDWD $XPHQWDUH R GLPLQXLUH L OLYHOOL LPSRVWDUH RS]LRQL R DFFHGHUH DG DOWUL PHQX 3UHPHUH LO WDVWR 79$9 SHU XVFLUH GDO PHQX )XQ]LRQL $9 RXW 0(18 à - 2. + £ 6HOH]LRQDUH &DPELR 3HU XVFLUH 5LWRUQR 0HQX IXQ]LRQL 79$9 $9 RXW 79 7HOHYLGHR )/2) /LQJXD WHOHYLGHR 2YHVW 0HQX VLQWRQLD /LQJXD 26' 2IIUH XQD VHOH]LRQH GL VHJQDOL GD LQYLDUH DOOD SUHVD 6FDUW $9 ü SRVVLELOH VHOH]LRQDUH IUD OD SRVL]LRQH RFFXSDWD DWWXDOPHQWH GDO SURJUDPPD 79 LO VHJQDOH LQ LQJUHVVR LQ $9 R 0RQLWRU FLRý O LPPDJLQH YLVXDOL]]DWD D VFKHUPR / RS]LRQH 7HOHYLGHR SHUPHWWH GL VHOH]LRQDUH IUD OH PRGDOLW 723 )/2) H /, 67 1RUPDOH 9HGHUH SDJLQD  7HOHYLGHR 6WDQGDUG FRO &RU 9ROXPH 6WDQGDUG FRORUH H FRUUH]LRQH YROXPH YHGHUH SDJLQD VROR $9 /LQJXD WHOHYLGHR 6HOH]LRQD O LPSRVWD]LRQH GHO FDUDWWHUH DIILQFK WXWWL L FDUDWWHUL QHFHVVDUL VLDQR GLVSRQLELOL SHU OH SDJLQH GHO WHOHYLGHR DG HVHPSLR L FDUDWWHUL FLULOOLFL HFF Hq 2YHVW, QJOHVH IUDQFHVH WHGHVFR JUHFR LWDOLDQR VSDJQROR VYHGHVH WXUFR (VW , QJOHVH HVWRQH OHWWRQH UXPHQR UXVVR XFUDLQR (VW &HFR WHGHVFR XQJKHUHVH OHWWRQH SRODFFR UXPHQR 0HQX VLQWRQLD , O PHQX 6LQWRQLD SHUPHWWH GL DFFHGHUH D PROWH IXQ]LRQL IUD FXL 6HOH]LRQH FDQDOL Gvtr $73 6LQWRQLD ILQH 6LQWRQLD PDQXDOH 6WDQGDUG FRORUH H &RUUH]LRQH YROXPH 9HGHUH SDJLQD  / RS]LRQH /LQJXD 26' SHUPHWWH GL VHOH]LRQDUH OD OLQJXD XWLOL]]DWD QHL PHQX D VFKHUPR 9HGHUH SDJLQD  /LQJXD 26' 0(18 6, 1721, $ , O PHQX 6LQWRQLD SHUPHWWH GL DFFHGHUH DL PHQX GL VLQWRQLD PDQXDOH DXWRPDWLFD H ILQH $SULUH LO PHQX 3ULQFLSDOH 3RVL]LRQDUVL VXO PHQX )XQ]LRQL $FFHGHUH DO PHQX )XQ]LRQL 3RVL]LRQDUVL VXO PHQX 6LQWRQLD $FFHGHUH DO PHQX 6LQWRQLD 3RVL]LRQDUVL VXOOD VHOH]LRQH GHVLGHUDWD $XPHQWDUH R GLPLQXLUH L OLYHOOL LPSRVWDUH OH RS]LRQL R DFFHGHUH DG DOWUL PHQX 3UHPHUH LO WDVWR 79$9 SHU XVFLUH 0(18 0HPRULD 5LWRUQR à - 2. + £ 6HOH]LRQDUH $FFHGHUH 3HU XVFLUH 0HQX VLQWRQLD 6HOH]LRQH FDQDOL $FFHGHUH $73 6LQWRQLD PDQXDOH 6LQWRQLD ILQH 6WDQGDUG FRO $XWR &RU 9ROXPH 79$9 6HOH]LRQH FDQDOL $73 6LQWRQLD PDQXDOH 6LQWRQLD ILQH 6WDQGDUG FRO , O PHQX 6HOH]LRQH FDQDOL SHUPHWWH GL FDPELDUH DJJLXQJHUH FDQFHOODUH GHQRPLQDUH R EORFFDUH VWD]LRQL WHOHYLVLYH H IRUQLVFH DFFHVVR DO VLVWHPD 79 9HGHUH SDJLQD  , O PHQX $73 SHUPHWWH GL ULVLQWRQL]]DUH DXWRPDWLFDPHQWH O DSSDUHFFKLR 79 9HGHUH SDJLQD  , O PHQX 6LQWRQLD PDQXDOH SHUPHWWH GL VLQWRQL]]DUH PDQXDOPHQWH OD SRVL]LRQH GL VLQJROL SURJUDPPL 9HGHUH SDJLQD  ü SRVVLELOH VLQWRQL]]DUH OH VWD]LRQL FRQ SUHFLVLRQH XWLOL]]DQGR OD UHJROD]LRQH GL 6LQWRQLD ILQH , O PHQX 6WDQGDUG FRORUH SHUPHWWH GL VWDELOLUH LO FRUUHWWR OLYHOOR GL WUDVPLVVLRQH GHO FRORUH , O PHQX &RUUH]LRQH YROXPH SHUPHWWH GL UHJRODUH LO OLYHOOR GHO YROXPH GHOOH VLQJROH VWD]LRQL &RU 9ROXPH 0(18 6, 1721, $ 6(/(=, 21( &$1$/, , O PHQX 6HOH]LRQH FDQDOL SHUPHWWH GL VHOH]LRQDUH WXWWH OH LPSRVWD]LRQL UHODWLYH DOOD SRVL]LRQH GHL SURJUDPPL $SULUH LO PHQX 3ULQFLSDOH 3RVL]LRQDUVL VXO PHQX )XQ]LRQL $FFHGHUH DO PHQX )XQ]LRQL 3RVL]LRQDUVL VXO PHQX 6LQWRQLD $FFHGHUH DO PHQX 6LQWRQLD 3RVL]LRQDUVL VXO PHQX 6HOH]LRQH FDQDOL $FFHGHUH DO PHQX 6HOH]LRQH FDQDOL (IIHWWXDUH OH LPSRVWD]LRQL GHVLGHUDWH YHGHUH OH SRVVLELOLW SLÖ LQ DOWR 3UHPHUH LO WDVWR 2. SHU PHPRUL]]DUH OH PRGLILFKH &RPSOHWDWH OH PRGLILFKH QHO PHQX 6HOH]LRQH FDQDOL SUHPHUH LO WDVWR 79$9 SHU XVFLUH 0(18 0HPRULD 5LWRUQR à 2. + £ 6HOH]LRQDUH $FFHGHUH 3HU XVFLUH 0HQX VLQWRQLD 6HOH]LRQH FDQDOL $73 6LQWRQLD PDQXDOH $FFHGHUH 6LQWRQLD ILQH 6WDQGDUG FRO $XWR &RU 9ROXPH 0HPRULD 5LWRUQR &+ à - 2. + £ &DPELR SURJUDPD 6LQWRQLD 3HU XVFLUH 6LQWRQLD PDQXDOH 79$9 0(18 6, 1721, $ 6, 1721, $ 0$18$/( 5LFHUFD 6LQWRQLD 3UHPHUH LO WDVWR ) SDQQHOOR IURQWDOH ILQR D YLVXDOL]]DUH OD IXQ]LRQH 6LQWRQLD 3UHPHUH L WDVWL R SHU DFFHGHUH DOOD IXQ]LRQH 6LQWRQLD 3UHPHUH LO WDVWR 79$9 SHU DOWHUQDUH IUD FDPELR SURJUDPPD ULFHUFD H FDPELR VLVWHPD 79 3UHPHUH L WDVWL R SHU PRGLILFDUH OD SRVL]LRQH GHO SURJUDPPD DYYLDUH OD ULFHUFD R FDPELDUH LO VLVWHPD 79 4XDQGR OD VWD]LRQH GHVLGHUDWD YLHQH LQGLYLGXDWD SUHPHUH 675 SHU PHPRUL]]DUH OH LPSRVWD]LRQL 5LSHWHUH TXHVWD SURFHGXUD SHU VLQWRQL]]DUH XOWHULRUL SURJUDPPL DOWULPHQWL SUHPHUH LO WDVWR ) SHU XVFLUH ) 79$9 675 ) )XQ]LRQH VLQWRQLD ) 1R 6L 675 ) 9 à 79$9 &+ 6& 5LFHUFD 6LQWRQLD , QL]LR ULFHUFD 79$9 &XUVRUH 675 0HPRULD ) 3HU XVFLUH 675 ) 9 à 79$9 /, 1*8$ 26' 4XDQGR VL ý LQVWDOODWR O DSSDUHFFKLR 79 SHU OD SULPD YROWD OD OLQJXD SHU OD YLVXDOL]]D]LRQH D VFKHUPR ý VWDWD LPSRVWDWD LQ IXQ]LRQH GHO SDHVH VHOH]LRQDWR 3HU VHOH]LRQDUH XQD OLQJXD GLYHUVD ý QHFHVVDULR DFFHGHUH DO PHQX /LQJXD 26' $SULUH LO PHQX 3ULQFLSDOH 3RVL]LRQDUVL VXO PHQX )XQ]LRQL $FFHGHUH DO PHQX )XQ]LRQL 3RVL]LRQDUVL VXO PHQX /LQJXD 26' $FFHGHUH DO PHQX /LQJXD 26' 6HOH]LRQDUH OD OLQJXD GHVLGHUDWD 3UHPHUH LO WDVWR 79$9 SHU VHOH]LRQDUH H XVFLUH 0(18 5LWRUQR à - 2. + £ 6HOH]LRQDUH $FFHGHUH 3HU XVFLUH 0HQX IXQ]LRQL $9 2XW 7HOHYLGHR /LQJXD WHOHYLGHR 0HQX VLQWRQLD /LQJXD 26' 0RQLWRU )/2) 2YHVW $FFHGHUH 79$9 5LWRUQR /LQJXD 26' à - 2. + £ 6FHOWD 6FHOWD 3HU XVFLUH 'HXWVFK (QJOLVK )UDQoDLV , WDOLDQR (//+1, . $ ýHãWLQD 5RPkQ 3ROVNL (VSDxRO 1HGHUODQGV 1RUVN 6XRPL 'DQVN 7UNoH 6YHQVND 3RUWXJXrV 0DJ\DU +UYDWVNL 5XVVNLM %XOJDULDQ 6ORYHQVN\ 6ORYHQVNR 6USVNL )81=, 21$0(172 9&5 '9'5 , O WHOHFRPDQGR SXÌ HVVHUH XWLOL]]DWR SHU HVHJXLUH DOFXQH RSHUD]LRQL LQ GHWHUPLQDWL DSSDUHFFKL 9&5 H '9' 'LJLWDO 9HUVDWLOH 'LVF 3DQDVRQLF 1RQ WXWWL JOL DSSDUHFFKL 9&5 H '9' GLVSRQJRQR GHOOH VWHVVH FDUDWWHULVWLFKH SHUWDQWR SHU RWWHQHUH GHWWDJOL H DVVLFXUDUVL GHOOD ORUR FRPSDWLELOLW ý QHFHVVDULR FRQVXOWDUH L ULVSHWWLYL PDQXDOL R ULYROJHUVL DO SURSULR ULYHQGLWRUH 6WDQGE\ 3UHPHUH TXHVWR WDVWR SHU DWWLYDUH LO PRGR 6WDQGE\ GHO 9&5 R GHO '9'5 3UHPHUH QXRYDPHQWH SHU ULDFFHQGHUH O DSSDUHFFKLR 9&5 '9' , QWHUUXWWRUH 9&5 '9' 4XHVWR LQWHUUXWWRUH VHUYH SHU DOWHUQDUH IUD LO IXQ]LRQDPHQWR GHO 9&5 H GHO '9' 3OD\ 5LSURGX]LRQH 3UHPHUH TXHVWR WDVWR SHU ULSURGXUUH OD YLGHRFDVVHWWD R LO '9' 6WRS $UUHVWR 3UHPHUH TXHVWR WDVWR SHU LQWHUURPSHUH OD ULSURGX]LRQH GHOOD YLGHRFDVVHWWD R GHO '9' 6NLS )DVW )RUZDUG &XH $YDQWL YHORFH$FFHOHUDWR 9&5 3UHPHUH SHU IDU DYDQ]DUH UDSLGDPHQWH LO QDVWUR , Q PRGDOLW GL ULSURGX]LRQH SUHPHUH SHU YHGHUH OH LPPDJLQL LQ PRYLPHQWR YHORFH '9'5 3UHPHUH XQD YROWD SHU SDVVDUH DOOD WUDFFLD VXFFHVVLYD , Q PRGDOLW GL ULSURGX]LRQH SUHPHUH H WHQHUH SUHPXWR SHU YHGHUH OH LPPDJLQL LQ PRYLPHQWR YHORFH 6NLS 5HZLQG 5HYLHZ 5LDYYROJLPHQWR, QGLHWUR 9&5 3UHPHUH SHU ULDYYROJHUH LO QDVWUR , Q PRGDOLW GL ULSURGX]LRQH SUHPHUH SHU YHGHUH OH LPPDJLQL DOO LQGLHWUR LQ PRYLPHQWR YHORFH '9'5 3UHPHUH XQD YROWD SHU WRUQDUH DOOD WUDFFLD SUHFHGHQWH , Q PRGDOLW GL ULSURGX]LRQH SUHPHUH H WHQHUH SUHPXWR SHU YHGHUH OH LPPDJLQL DOO LQGLHWUR LQ PRYLPHQWR YHORFH 3DXVH 6WLOO 3DXVD)UHPR 3UHPHQGR LQ PRGDOLW GL ULSURGX]LRQH O LPPDJLQH VL IHUPD 3UHPHUH QXRYDPHQWH SHU ULDYYLDUH OD ULSURGX]LRQH 352*5$00( 3URJUDPPH 8S 'RZQ 3URJUDPPD $XPHQWR'LPLQX]LRQH 3UHPHUH TXHVWR WDVWR SHU DXPHQWDUH R GLPLQXLUH OD SRVL]LRQH GHO SURJUDPPD 9&5 '9'5 GL XQD XQLW 5HFRUG 5HJLVWUD]LRQH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Ì HVVHUH UHJRODWR VHFRQGR L OLYHOOL GHVLGHUDWL , Q PRGDOLW /, 67 TXDWWUR QXPHUL GL SDJLQD LQ FRORUL GLYHUVL DSSDLRQR LQ EDVVR DOOR VFKHUPR 2JQXQR GL TXHVWL QXPHUL SXÌ HVVHUH PRGLILFDWR H FRQVHUYDWR QHOOD PHPRULD GHO WHOHYLVRUH 8ur pý yh qhyv GDTU4 8ur pý AGPA A6TU@YU4 8ur pý UPQ Uryrvqr4 8r svh4 , Q PRGDOLW )$67(;7 TXDWWUR DUJRPHQWL LQ FRORUL GLYHUVL DSSDLRQR LQ EDVVR DOOR VFKHUPR 3HU XOWHULRUL LQIRUPD]LRQL VX WDOL DUJRPHQWL SUHPHUH LO WDVWR FRORUDWR GHVLGHUDWR *UD]LH D TXHVWD IXQ]LRQH ý SRVVLELOH DFFHGHUH UDSLGDPHQWH DOOH LQIRUPD]LRQL UHODWLYH DJOL DUJRPHQWL YLVXDOL]]DWL 723 7HOHYLGHR UHQGH IDFLOH H UDSLGD OD VHOH]LRQH GHOOH SDJLQH 7HOHYLGHR GHVLGHUDWH , QIDWWL O DFFHVVR DOOD SDJLQD ý TXDVL LVWDQWDQHR EDVWD SUHPHUH LO WDVWR H OD SDJLQD DSSDUH 723 XWLOL]]D L TXDWWUR WDVWL FRORUDWL 5RVVR 9HUGH *LDOOR H %OX SHU VHOH]LRQDUH OH VHJXHQWL LQIRUPD]LRQL - 3HU VSRVWDUVL GD XQ EORFFR DOO DOWUR GL DUJRPHQWL DG HVHPSLR 63257 XVDUH LO WDVWR %OX $OO LQWHUQR GHOO DUJRPHQWR 63257 ý SRVVLELOH VHOH]LRQDUH VH]LRQL GLYHUVH DG HVHPSLR 7HQQLV )RRWEDOO %DVHEDOO HFF PHGLDQWH LO WDVWR *LDOOR 4XDQGR VL UDJJLXQJH O XOWLPD VH]LRQH GHOO DUJRPHQWR LO WDVWR *LDOOR VL SRVL]LRQD VXOO DUJRPHQWR VXFFHVVLYR - , O WDVWR 9HUGH ULFKLDPD OD SDJLQD GLVSRQLELOH SUHFHGHQWH - , O WDVWR 5RVVR ULFKLDPD OD SDJLQD GLVSRQLELOH VHJXHQWH Rhyv v hhttv4 - 6HOH]LRQH GHOOD SDJLQD FRQ XQ VHPSOLFH WDVWR )DFLOH VHOH]LRQH GHOO DUJRPHQWR GHVLGHUDWR PHGLDQWH XQD SURFHGXUD SDVVR D SDVVR 5LGX]LRQH GHO WHPSR GL DWWHVD 6H YLHQH LQVHULWR XQ QXPHUR GL SDJLQD LQHVLVWHQWH DSSDUH XQ SXQWR LQWHUURJDWLYR LQ EDVVR DOOR VFKHUPR - /D EDUUD GL VWDWR GHOOD SDJLQD ý VHPSUH YLVXDOL]]DWD LQ EDVVR DOOR VFKHUPR SHUWDQWR O XWHQWH VD VHPSUH TXDOH WDVWR XVDUH SHU DFFHGHUH DOOH LQIRUPD]LRQL GHVLGHUDWH 797(;7 0RGR 79 7HOHYLGHR 3UHPHUH LO WDVWR UWU@YU 6XOOR VFKHUPR DSSDUH OD SDJLQD GL 7HOHYLGHR 3UHPHUH QXRYDPHQWH SHU ULWRUQDUH DOOD PRGDOLW 79 6HOH]LRQH GHOOD SDJLQD ü SRVVLELOH VHOH]LRQDUH OH SDJLQH LQ GXH PRGL D 3UHPHQGR L WDVWL GLUH]LRQDOL à £ SHU DXPHQWDUH R GLPLQXLUH LO QXPHUR GL SDJLQD GL XQD XQLW E , QVHUHQGR LO QXPHUR GL SDJLQD PHGLDQWH L WDVWL QXPHULFL VXO WHOHFRPDQGR )81=, 21$0(172 ', 7(/(9, '(2 1RQ ý SRVVLELOH FDPELDUH OD SRVL]LRQH GHO SURJUDPPD TXDQGR FL VL WURYD QHOOH PRGDOLW 1RWL]LH IODVK $JJLRUQDPHQWR H $FFHVVR D SDJLQH VRWWRFRGLILFDWH 3DJLQD FRPSOHWDSDUWH VXSHULRUHSDUWH LQIHULRUH 0(18 3UHPHUH LO WDVWR H@IV SHU YLVXDOL]]DUH IXQ]LRQL VSHFLDOL GRSRGLFK SUHPHUH LO WDVWR Wrqr 3UHPHUH QXRYDPHQWH LO WDVWR Wrqr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Ì SUHPHUH XQR GHL WDVWL FRORUDWL H LQVHULUH LO QXRYR QXPHUR GL SDJLQD 7HQHQGR SUHPXWR PF L QXPHUL GL SDJLQD FDPELDQR FRORUH +2/' &RQVHUYD 3HU PDQWHQHUH OD SDJLQD GL 7HOHYLGHR PHQWUH VL FRQVXOWDQR OH LQIRUPD]LRQL PXOWLSDJLQD 3UHPHUH QXRYDPHQWH SHU ULWRUQDUH DOO DJJLRUQDPHQWR DXWRPDWLFR GHOOD SDJLQD 3DJLQD SUHIHULWD )3 )3 *UD]LH D TXHVWD IXQ]LRQH ý SRVVLELOH FXVWRGLUH XQD GHWHUPLQDWD SDJLQD QHOOD PHPRULD GHO WHOHYLVRUH SHU SRWHUOD ULFKLDPDUH LVWDQWDQHDPHQWH 3HU PHPRUL]]DUH WDOH SDJLQD LO WHOHYLVRUH GHYH WURYDUVL LQ PRGDOLW /, 67 H OD SRVL]LRQH GHO SURJUDPPD GHYH HVVHUH FRPSUHVD IUD H 3UHPHUH LO WDVWR 7y VHOH]LRQDUH LO QXPHUR GL SDJLQD TXLQGL SUHPHUH H WHQHUH SUHPXWR LO WDVWR PF , O QXPHUR GL SDJLQD YLHQH LQ TXHVWR PRGR PHPRUL]]DWR 3UHPHUH AQ SHU ULFKLDPDUH WDOH SDJLQD 3UHPHUH DI9@Y SHU ULWRUQDUH DOOD SDJLQD G LQGLFH SULQFLSDOH $ VHFRQGD GHOOD PRGDOLW LQ FXL VRQR WUDVPHVVH OH LQIRUPD]LRQL TXHVWR WDVWR GRYU HVVHUH SUHPXWR SLÖ GL XQD YROWD SHU ULWRUQDUH DOOD SDJLQD G LQGLFH SULQFLSDOH , QGLFH , 1'(; )81=, 21$0(172 ', 7(/(9, '(2 $JJLRUQDPHQWR GHO GLVSOD\ 0(18 Ivvr syhu 3UHPHUH LO WDVWR H@IV SHU YLVXDOL]]DUH OH RS]LRQL VSHFLDOL H TXLQGL SUHPHUH LO WDVWR Bvhyy SHU YLVXDOL]]DUH O LPPDJLQH 79 GXUDQWH OD ULFHUFD GL XQD SDJLQD GL 7HOHYLGHR 7URYDWD OD SDJLQD LO VXR QXPHUR YLHQH YLVXDOL]]DWR LQ DOWR DOOR VFKHUPR D VLQLVWUD 3UHPHUH LO WDVWR Bvhyy SHU YLVXDOL]]DUH WDOH SDJLQD 3UHPHUH QXRYDPHQWH UWU@YU SHU ULWRUQDUH DOOD QRUPDOH PRGDOLW 79 4XDQGR VL VHOH]LRQD XQD SDJLQD GL 1RWL]LH IODVK SUHPHUH H@IV Bvhyy SHU YLVXDOL]]DUH O LPPDJLQH 79 2JQL YROWD FKH YHQJRQR WUDVPHVVL DJJLRUQDPHQWL LO QXPHUR GL SDJLQD YLHQH YLVXDOL]]DWR VXOOR VFKHUPR 3UHPHUH LO WDVWR Bvhyy SHU YLVXDOL]]DUH 1RWL]LH IODVK 3UHPHUH QXRYDPHQWH UWU@YU SHU ULWRUQDUH DOOD QRUPDOH PRGDOLW 79 6ttvhr 3UHPHUH H@IV Bvhyy SHU YLVXDOL]]DUH OH LQIRUPD]LRQL DJJLRUQDWH VX GHWHUPLQDWH SDJLQH 2JQL YROWD FKH YHQJRQR WUDVPHVVL DJJLRUQDPHQWL LO QXPHUR GL SDJLQD YLHQH YLVXDOL]]DWR VXOOR VFKHUPR 3UHPHUH LO WDVWR Bvhyy SHU YLVXDOL]]DUH OD SDJLQD 3UHPHUH QXRYDPHQWH UWU@YU SHU ULWRUQDUH DOOD QRUPDOH PRGDOLW 79 $FFHVVR DOOH SDJLQH VRWWRFRGLILFDWH 0(18 4XDQGR OH LQIRUPD]LRQL GL 7HOHYLGHR ULFKLHVWH HFFHGRQR LO IRUPDWR GL XQD SDJLQD OH RSHUD]LRQL DXWRPDWLFKH GL FDPELR SDJLQD SRVVRQR ULFKLHGHUH SLÖ WHPSR ü SRVVLELOH WXWWDYLD DFFHGHUH DOOH SDJLQH VHFRQGDULH GHVLGHUDWH FRQWLQXDQGR D JXDUGDUH L QRUPDOL SURJUDPPL WHOHYLVLYL ILQR D TXDQGR OD SDJLQD VHFRQGDULD ULFKLHVWD QRQ YLHQH WURYDWD 6HOH]LRQDUH LO QXPHUR GL SDJLQD ULFKLHVWR PHGLDQWH L WDVWL QXPHULFL 3UHPHUH LO WDVWR H@IV H TXLQGL SUHPHUH LO WDVWR 7y 6XOOR VFKHUPR LQ DOWR D GHVWUD YLHQH YLVXDOL]]DWD OD VFULWWD 7 , QVHULUH LO QXPHUR GHOOD SDJLQD VHFRQGDULD GHVLGHUDWD SULPD FKH OD VFULWWD 7 VFRPSDLD 3HU VHOH]LRQDUH OD SDJLQD LQVHULUH H TXLQGL 3UHPHUH LO WDVWR Bvhyy SHU JXDUGDUH XQ QRUPDOH SURJUDPPD 79 , Q PRGDOLW /, 67 SUHPHUH H@IV Bvhyy 4XDQGR OD SDJLQD ý GLVSRQLELOH SUHPHUH LO WDVWR Bvhyy SHU YLVXDOL]]DUOD 3HU HOLPLQDUH OD SDJLQD HVHJXLUH XQD GHOOH VHJXHQWL RSHUD]LRQL 3UHPHUH H@IV 6HOH]LRQDUH 3UHPHUH UWU@YU SHU ULWRUQDUH DOOD QRUPDOH PRGDOLW 79 XQ QXRYR QXPHUR GL SDJLQD 1 1RUPDOL]]D]LRQH 3UHPHUH LO SXOVDQWH k1l SHU ULWRUQDUH DOOD PRGDOLW 79 &2//(*$0(17, $8', 2 9, '(2 6HOH]LRQQH VRUJHQWH $9 H IXQ]LRQL ü SRVVLELOH FROOHJDUH D TXHVWR WHOHYLVRUH XQ JUDQ QXPHUR GL DSSDUHFFKLDWXUH 1HOOH SDJLQH FKH VHJXRQR YLHQH VSLHJDWR QHO GHWWDJOLR FRPH FROOHJDUH GLVSRVLWLYL HVWHUQL VLD DOOD SDUWH SRVWHULRUH GHO WHOHYLVRUH 8QD YROWD FROOHJDWR O DSSDUHFFKLR XWLOL]]DUH OH VHJXHQWL SURFHGXUH SHU YLVXDOL]]DUH OH LPPDJLQL 79$9 3UHPHUH LO WDVWR UW6W 6HOH]LRQDUH LO WDVWR D VFKHUPR LQ ULOLHYR SHU VFHJOLHUH OD VRUJHQWH $9 FKH VL GHVLGHUD YLVXDOL]]DUH DG HVHPSLR SUHPHUH LO SXOVDQWH URVVR VH SHU VHOH]LRQDUH $9 VH VL ý FROOHJDWR XQ YLGHRUHJLVWUDWRUH DOOD SUHVD 6FDUW $9 , WDVWL GL VHOH]LRQH D VFKHUPR VSDULVFRQR LQ SRFKL VHFRQGL 6H VL GHVLGHUD VHOH]LRQDUH XQ LQSXW TXDQGR L SXOVDQWL QRQ VRQR YLVXDOL]]DWL SUHPHUH LO WDVWL FRORUDWL DQFRUD XQD YROWD H L WDVWL YHUUDQQR YLVXDOL]]DWL QXRYDPHQWH - 4XHVWR WHOHYLVRUH SXÌ FDPELDUH DXWRPDWLFDPHQWH DOOD PRGDOLW $9 VH LO GLVSRVLWLYR FROOHJDWR LQYLD DO FRQQHWWRUH GHO FDYR 6&$57 FROOHJDWR XQ VHJQDOH GL FRPPXWD]LRQH 4XDQGR LO SURJUDPPD WHOHYLVLYR YLHQH FDPELDWR O LPPDJLQH ULFHYXWD ULPDUU OD VWHVVD - ü SRVVLELOH ULWRUQDUH DO WHOHYLVRUH SUHPHQGR LO SXOVDQWH UW6W R VFROOHJDQGR LO GLVSRVLWLYR $9õ - ü SRVVLELOH VHOH]LRQDUH OD IRQWH $9 XWLOL]]DQGR LO SXOVDQH UW6W VXO SDQQHOOR FRPDQGL GHO ODWR DQWHULRUH GHOO DSSDUHFFKLR 79 3UHPHUH ULSHWXWDPHQWH LO SXOVDQWH UW6W ILQR D UDJJLXQJHUH OD IRQWH $9 FKH VL GHVLGHUD YLVXDOL]]DUH - 4XDQGR VL ý SRVL]LRQDWL LQ PRGR $9 VRQR GLVSRQLELOL VROR XQ QXPHUR OLPLWDWR GL RS]LRQL GHL PHQX $XGLR H )XQ]LRQL DG HVHPSLR QHO PHQX )XQ]LRQL QRQ ý GLVSRQLELOH O RS]LRQH GL PHQX 6LQWRQLD , QJUHVVR SHU OH FXIILH Ir) 8VFLWD GDOOD SUHVD 8ssvr 6SLQD VWHUHR PP &8)), ( 67(5(2 FRQ SUHVD PP 1RWH - *OL DSSDUHFFKL DFFHVVRUL H L FDYL LOOXVWUDWL QRQ VRQR IRUQLWL FRQ TXHVWR WHOHYLVRUH &2//(*$0(17, $8', 2 9, '(2 3UHVH SRVWHULRUL , QJUHVVR DXGLR DOOH SUHVH 9 T 5 / 9 , QJUHVVR YLGHR DOOD SUHVD W 69 &DYR 6&$57 , QJUHVVR YLGHR DOOD SUHVD 6 9LGHR 9&5 , QJUHVVR8VFLWD GD SUHVD 6FDUW 6W [ FDYL DXGLR 5&$ &DYR YLGHR 5&$ '(&2'(5 '9' 5 9, '(2&$0(5$ 9, '(2&$0(5$ &2162/(&20387(5 9, '(2*, 2&+, 5*% 1RWH - *OL DSSDUHFFKL HG L FDYL DFFHVVRUL LOOXVWUDWL QRQ VRQR IRUQLWL FRQ TXHVWR WHOHYLVRUH - 1RQ FROOHJDUH XQ FRPSXWHU FRQ XVFLWD 773 9 D TXHVWR DSSDUHFFKLR 79 - 3HU LQIRUPD]LRQL VXL FROOHJDPHQWL GHOOD SUHVD 69LGHR YHGHUH SDJLQD &2//(*$0(17, $8', 2 9, '(2 , QIRUPD]LRQL VXOOD SUHVD 6FDUW H 6 9LGHR 3UHVH 6FDUW $9 D SLQ 3UHVD 7HUUD 8VFLWD &9%6 YLGHR 7HUUD &9%6 , QJUHVVR 5RVVR 7HUUD 5RVVR , QJUHVVR 9HUGH 7HUUD 9HUGH , QJUHVVR %OX 7HUUD %OX 8VFLWD $XGLR 6 8VFLWD $XGLR ' , QJUHVVR &9%6 YLGHR 7HUUD VWDWR 5*% 6WDWR 5*% 7HUUD 6WDWR &9%6 , QJUHVVR DXGLR 6 7HUUD DXGLR , QJUHVVR DXGLR ' , Q LQJUHVVL DGDWWL SHU 6W LQFOXGRQR 59% 5RVVR9HUGH%OX 3UHVD D SLQ 69LGHR &KURPLQDQ]D LQ /XPLQDQ]D LQ &KURPLQDQ]D WHUUD /XPLQDQ]D WHUUD *8, '$ $//$ 62/8=, 21( '(, 352%/(0, Wvqr Tv 6qv Wrvsvph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ý FRQVWUXLWR FRQ WHFQRORJLD DG DOWLVVLPD SUHFLVLRQH FKH FRQVHQWH GL RWWHQHUH GHWWDJOL GL SUHFLVLRQH GHOOH LPPDJLQL $ YROWH VXOOR VFKHUPR SRVVRQR DSSDULUH DOFXQL SL[HO QRQ DWWLYL LQ XQ SXQWR ILVVR GL EOX YHUGH R URVVR 4XHVWR QRQ LQIOXLVFH VXOOH SUHVWD]LRQL GHOOR VFKHUPR D FULVWDOOL OLTXLGL /D ULFH]LRQH GHO VXRQR VL ý GHWHULRUDWD , PSRVWDUH 03; PHQX DXGLR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yvrhvr 8 rrtrvp 8 v Thqi G89 Ah pur GLDJRQDOH YLVLELOH 9 +] $& : : [ 9*$ PP $ / 3 $ / 3 , PSHGHQ]D [ : 506 W PP PP PP PP PP PP NJ 9+) + + , 7$/, $ 8+) ( ( &$79 6 6 0 0 &$79 6 6 +\SHUEDQG Vpvh hqv 9vrvv 9vrvv 6ROR 79 &RPSUHVVR VXSSRUWR 79 SRWHQ]D PXVLFD Qr Q6G 7B Q6G D T@86H 7B T@86H GG 9+) ( ( 9+) $ + , 7$/, $ &$79 6 6 &$79 6 6 8 8 Tvrv qv vprvr Ir qryyh ihqh Q6G 9F T@86H 9F 8+) 9+) 7HPSHUDWXUD p& p& 8qvvv rhvr 8PLGLW 8PLGLW UHODWLYD È È VHQ]D FRQGHQVD 8ssvr 6rvr PP , PSHGHQ]D W 6W 3UHVD D SLQ , QJUHVVR8VFLWD $XGLR9LGHR , QJUHVVR 5*% 6W! , QJUHVVR 69LGHR , QJUHVVR DXGLR [ 5&$ 6W Qrvr , QJUHVVR YLGHR [ 5&$ /H FDUDWWHULVWLFKH WHFQLFKH VRQR VRJJHWWH D PRGLILFKH VHQ]D SUHDYYLVR , O SHVR H OH GLPHQVLRQL LQGLFDWL VRQR DSSURVVLPDWLYL Ir qv vvv qry thh Ir qryyr htvr ryrr 6rh Qrvr 9+) 5 5 9+) 5 5 9+) 5 5 8+) ( ( Q6G $!$% 5LSURGX]LRQH GD QDVWUR 176& GD DOFXQL YLGHRUHJLVWUDWRUL 3$/ 9&5 HIUT8 y vtr 6W 5LSURGX]LRQH GD YLGHRUHJLVWUDWRUL 9&5 176& 0+] IUT8 y vtr 6W 5LSURGX]LRQH GD YLGHRUHJLVWUDWRUL 9&5 176& 9&5 , 6758=, 21, $//, 1($0(172 0DQXDOH GL $OOLQHDPHQWR $77(1=, 21( G 6hrppuv qrr rrr pyyrth qhyyh rr hq vyvh WHODLR 1 */3 6WW@SU@Ia6) Iry yh qv hvrh vyvhr vphrr v prv r yr hv qv vphiv svr qhy shiivphr Iry ph rth vvrthr hv qvssrrv qh ryyr pvtyvhr vy vyh h vsrvr h ryy rpvsvph yhssvqvivyv r yh vprh prr vyr yh thhvh rrr vhyvqhh Drqrh qryy hrh ) 8 QRQ ELODQFLDWD Tvrh qv Svprvr &&, 5 /LQHH Arrr vrrqvr ) 9LGHR $XGLR &RORUH 0+] 0+] 0+] %* 0+] $ 0+] 1, &$0 %* / 0+] / 0+] &= 67(5(2 0+] 1, &$0 0+]  0+] 3$/ 0+] 0+] 6(&$0 0+] 0+] 6(&$0  9LGHR SLQ  9 SS 8 $XGLR SLQ  P9 UPV N8 5 9 % SLQ  9 SS 8 9LGHR SLQ  9 SS 8 $XGLR SLQ  P9 UPV N8 $XGLR 5&$ [  P9 UPV N8 9LGHR 5&$ [  9 SS 8 69LGHR , 1 < 9 SS 8 SLQ  & 9 SS 8 Wvqr 6qv Qrr ) $9 , 1*5(662 $9 86&, 7$ $9 , 1*5(662 3RVL]LRQH LO 79 QHO 0RGR 6HUYLFH 3UHPHUH LO WDVWR 52662 R 9(5'( SHU VHOH]LRQDUH OH )XQ]LRQL 3UHPHUH LO WDVWR *, $//2 R %/8 SHU UHJRODUH L YDORUL 3UHPHUH LO WDVWR 0HPRULD VXOOD WDVWLHUD GRSR FKH RJQL UHJROD]LRQH ý VWDWD PHPRUL]]DWD Avr qv prhvr '9&2 +LJKOLJKW /RZOLJKW Dqvphrpvrpv rrv) I7) , YDORUL LQGLFDWL VXOOR Qhvppyhvh qryyh vvhh Whyv qv VFKHUPR DSSURVLPDUWLYL '9&2 3UHPHUH LO WDVWR EOX SRL 2. +LJK 3RVL]LRQH RWWLPDOH /RZ , 6758=, 21, $//, 1($0(172 6(59, &( 02'( 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 237, 21 /LIH 7LPHU +RXUV Pv 7r 7v I Tpryh Pv 7r Uhiryyh Avhr 6WDQGDUG FRORUH $XWR 6WDQGDUG FRORUH 6(&$0 6WDQGDUG FRORUH 176& 6WDQGDUG FRORUH 0176& 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH Pv 7r! [. . . ] Pv 7r Uhiryyh 7v I Tpryh Avhr 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH , 6758=, 21, $//, 1($0(172 Pv 7r" Pv 7r Uhiryyh 7v I Tpryh Pv 7r# Pv 7r Uhiryyh 7v I Tpryh Avhr 3, 3 7XQHUV 'LVDELOLWDWR $ELOLWDWR Avhr 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH $ (QDEOH 'LVDELOLWDWR $ELOLWDWR 1RQ 8VDUH 1RQ 8VDUH &57 +\SHU 6, ) 8+) 9+) , %* , %* '. // %* '. 1, &$0 (QDEOH 'LVDELOLWDWR $ELOLWDWR 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH Pv 7r$ Pv 7r Uhiryyh 7v I Tpryh Pv 7r% Pv 7r Uhiryyh 7v I Tpryh Avhr 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH 1RQ 8VDUH Avhr 0+] $ELOLWDWR $FWLYDWHG RQ V:DUH 6$62 , )& 'LVDELOLWDWR $ELOLWDWR 0RQ$9 PXWH 'LVDELOLWDWR $ELOLWDWR & 7XQHU 6ODYH 'LVDELOLWDWR $ELOLWDWR 7XQHU 0$&2 $/36 1RQ 8VDUH 1RQ 8VDUH , 6758=, 21, $//, 1($0(172 Pv 7r& Pv 7r Uhiryyh 7v I Tpryh Pv 7r' Pv 7r Uhiryyh 7v I Tpryh Avhr 3RZHU RQ (& 'LVDELOLWDWR $ELOLWDWR &+ %ODQNLQJ 'LVDELOLWDWR $ELOLWDWR $9 %ODQNLQJ 'LVDELOLWDWR $ELOLWDWR Avhr 1RQ 8VDUH *HRPDJQHWLF FRUUHFWLRQ 'LVDELOLWDWR $ELOLWDWR $XWR :, '( $FWLYH LQ $872 RQO\ $OZD\V DFWLYH 79 9ROXPH FRUUHFWLRQ 'LVDELOLWDWR $ELOLWDWR $9 /LQN 1R 6L 03;1, &$0 %DFNOLJKW 1, &$0 03; 5) $WW )LQH 7XQLQJ 'LVDELOLWDWR $ELOLWDWR 'LVDELOLWDWR $ELOLWDWR )DVW 6ORZ 6HDUFK 6SHHG 7H[W )/2) 7H[W 723 'LVDELOLWDWR $ELOLWDWR 'LVDELOLWDWR $ELOLWDWR Pv 7r( Pv 7r Uhiryyh 7v I Tpryh Pv 7r Pv 7r Uhiryyh 7v I Tpryh Avhr '2/%< ' :RRIHU '2/%< (;3 ' :RRIHU OLQH RXW ([WHUQDO :RRIHU ' /RXGQHVV (['$& YRO Avhr 1RQ 8VDUH 26' /DQJXDJH $UDELF 26' /DQJXDJH 5XVVLDQ 26' /DQJXDJH &KLQHVH 1RQ 8VDUH %& 6DIHW\ 1RQ 8VDUH 3URWHFW 9 'HWHFW $ELOLWDWR 5HVHUYHG , 6758=, 21, $//, 1($0(172 Pv 7r 7v I Tpryh Pv 7r Uhiryyh Avhr 6KRS PRGH $ELOLWDWR 'LVDELOLWDWR Pv 7r ! [. . . ]