Pol-Skone-drzwi wewnętrzne

Page 1

2011 KATALOG PRODUKTÓW RERZLĈ]XMH RG GQLD U

www.pol-skone.eu Laureat XI i XII edycji

Dotyczy wyrobów R]QDF]RQ\FK ]QDNLHP )6&®


=$.창$' 15 : /8%/,1,(

=$.창$' 15 : 1,(0&$&+

=$.창$' 15 : %,창*25$-8 2


,QVSLUXMĈ QDV PDU]HQLD QDV]\FK .OLHQWyZ :LHOROHWQLH GRĤZLDGF]HQLH Z SURGXNFML GU]ZL Z\]QDF]DQLH WUHQGyZ SRSU]H] RU\JLQDOQH L QLHSRZWDU]DOQH PRGHOH WR SRZyG GR GXP\ DOH UyZQLHİ ]RERZLĈ]DQLH GR QLHXVWDQQHM SUDF\ QDG QDV]Ĉ RIHUWĈ 2G ODW UHDOL]XMHP\ QDV] JãyZQ\ FHO ² GRVWDUF]D QLH Z\UREyZ ]JRGQ\FK ] RF]HNLZDQLDPL .OLHQWyZ =DãRJD OLF]ĈFD EOLVNR W\VLĈF RVyE ]DWUXGQLRQD Z WU]HFK QRZR F]HVQ\FK ]DNãDGDFK SURGXNF\MQ\FK RUD] VXURZFH L PDWHULDã\ SR]\VNLZDQH ] QDMOHSV]\FK ĮUyGHã SR]ZDODMĈ QDP WZRU]\þ V]HURNL ZDFKODU] UR]ZLĈ]Dę Z]RUQLF]\FK L NRQVWUXNF\MQ\FK 1DV]H VXNFHV\ ZH ZVSyãSUDF\ ] 'RVWDZFDPL L 2GELRUFDPL SRWZLHUG]DMĈ OLF]QH QDJURG\ EUDQİRZH L FHUW\ÀNDW\ QLH]DOHİQ\FK MHGQRVWHN EDGDZF]R UR]ZRMRZ\FK Z W\P SRWZLHUG]RQ\ FHUW\ ÀNDWHP V\VWHP ]DU]ĈG]DQLD MDNRĤFLĈ ]JRGQ\ ] QRUPĈ ,62

63,6 75(ģ&,

6.5=<'â$ , '5=:, :(:1ć75=/2.$/2:(

,QWHU $PEHU 4 '\QDPLF '\QDPLF 9DULR 6 ,PSXOV 8 (WLXGD *UDYL 'HFR 'HFR 9DULR ODPLQRZDQH 6LPSOH *UDI $VWRU +DSS\ &ODVVLF &ODVVLF /X[ )LRUG 3ã\WRZH 0RGHUQ 'HFR /X[ 'HFR /X[ 6RIW 'HFR /X[ 6RIW 9DULR SHPSUH 12:$ .2/25<67<.$ 6HPSUH $OX 12:2ģý 6HPSUH )LRUL 12:2ģý SHPSUH /X[ 12:2ģý 6HPSUH ,QVHUWR 12:2ģý 6HPSUH 6HQVH 12:2ģý 6HPSUH 9HUVH 12:2ģý 7DQJDQLND 6DKDUD .RQJR 44 4XDWWUR IRUQLURZDQH 6RIW 46 ,QWHUVROLG ,QWHUVROLG 6RIW 48 ,QWHUVROLG ,, 9LWWRULD : IRUQLURZDQD 9HQD IRUQLURZDQD 54 *UDQG 0LOHQLXP IRUQLURZDQH 56 %XHQR 58 $UJHQW 1REOH , 1REOH ,, 64 3DVVR ),(67$· 66 3DVVR $OWR ),(67$· 68 &DO\SVR ),(67$· 6DELD ),(67$· )RUP 74 / 3URMHNW 76 9HUWR ),(67$· 78 /XPHQ ),(67$· 6NãDGDQH 12:2ģý 84 6NãDGDQH &ODVVLF 87 3U]HVXZQH GR ]DEXGRZ\ Z ĤFLDQLH 88 3U]HVXZQH QDĤFLHQQH 3U]HVXZQH QDĤFLHQQH 3UHPLXP 7XQHOH =DEXGRZD PXUX 1DĤZLHWOD GR GU]ZL ZHZQĈWU]ORNDORZ\FK ,QIRUPDFMH GRGDWNRZH 2ĤFLHİQLFH 2ĤFLHİQLFD PHWDORZD 12:2ģý .RURQ\ /LVWZ\ $NFHVRULD 2SFMH ZHQW\ODFML 5RG]DMH V]NãD

'5=:, :(:1Č75=1( :(-ģ&,2:(

&HUEHU ,, % &

'5=:, 7(&+1,&=1(

2ĤFLHİQLFH GR GU]ZL WHFKQLF]Q\FK (, GU]ZL WHFKQLF]QH L QDĤZLHWOD 3U]HFLZSRİDURZH '\PRV]F]HOQH 'ĮZLčNRL]RODF\MQH .2/25<67<.$ .RORU\VW\ND

'5=:, =(:1Č75=1(

1RUGLF (OHJDQW 2ULRQ 1DĤZLHWOD GR GU]ZL ]HZQčWU]Q\FK

2.1$

3RO 6NRQH 7\S & 6\VWHP VNDQG\QDZVNL 3RO 6NRQH 6 V\VWHP 2NQR (& 2NQR (& 65 12:2ģý 2NQR (& DOX HIIHFW 12:2ģý 6\VWHP GUHZQR DOXPLQLXP GXDO VWDQGDUG 6\VWHP GUHZQR DOXPLQLXP DOX HIIHFW GXDO QRUG

2NQR SDWLR VNãDGDQH 2NQR SDWLR SU]HVXZQH 2NQR SDWLR OLIH &HQQLN RNLHQ 2NLHQQLFH 12:2ģý 'U]ZL EDONRQRZH .RORU\VW\ND .ODPNL 6]SURV\ RNLHQQH L DNFHVRULD

2.8&,$

%XODMH .ODPNL $SUREDW\ WHFKQLF]QH FHUW\ÀNDW\ L UDSRUW\ 5HIHUHQFMH

3


,17(5 $0%(5 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') R SRZLHU]FKQL (&2 723 Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ VNU]\GãR XVãRMHQLH SLRQRZH SDQHOH XVãRMHQLH SLRQRZH Z]yU $ % XVãRMHQLH SR]LRPH Z]yU & ' ( )

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

VWDQGDUG V]NãR RUQDPHQW SRLQW V R JUXERĤFL PP GOD VNU]\GHã Z NRORU\VW\FH ELDã\ EXN EDZDULD GĈE FDOYDGRV PDODJD RU]HFK NDXNDVNL RU]HFK ZãRVNL ZLĤQLD MDSRęVND GĈE FRXQWU\ ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW ]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR ² ZHUVMD $6 %6 ]ã ]ã 6'

:<3(â1,(1,$ 30

32

PP

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã Å µ Å µ Å µ GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH ]ã ]ã GR PP

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

]ã ]ã Z]PRFQLHQLH SRG VDPR]DP\NDF] ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +100%

:<0,$5< ÅSODVWHU PLRGXµ

4

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


,17(5 $0%(5

$0 $

AP4

$

AS4

$30

$60

6'

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK $ GRSãDWD 270

VNU]\GãR SU]\OJRZH

VNU]\GãR SU]\OJRZH

VNU]\GãR SU]\OJRZH

$

$

AP4

AS4

$30

$60

6'

113

139

195

&

&

&

&

&

&

&

&

294

294

294

294

(

(

(

(

(

(

(

(

(

(

(

(

VNU]\GãR SU]\OJRZH

'

'

'

'

'

'

'

'

294

294

294

294

%3

%6

%3

%6

314 314 314 314 314 314 )

VNU]\GãR SU]\OJRZH

)

)

)

)

VNU]\GãR SU]\OJRZH

314 314

)

)

)

)

)

)

)

)

)

314

314

314

314

314

314

314

(&2 723

.2/25<67<.$

ELDã\

GĈE

EXN EDZDULD

FDOYDGRV

RU]HFK NDXNDVNL

RU]HFK ZãRVNL

ZLĤQLD MDSRęVND

PDODJD

12:2ģý

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

(&2 723 (NRORJLF]QD SRZLHU]FKQLD FKDUDNWHU\]X MĈFD VLč RGSRUQRĤFLĈ QD ĤFLHUDQLH

&HQ\ ]ã 1(772 EUXWWR 9$7

GĈE FRXQWU\

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

GU]ZL MHGQRVNU]\GãRZH GU]ZL GZXVNU]\GãRZH GU]ZL SU]HVXZQH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK [ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

5


'<1$0,& 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

VWDQGDUG '<1$0,& PDãD V]\ED GXİD V]\ED V]\E

V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP VWDQGDUG '<1$0,& 9$5,2 ZHUVMD $ ZHUVMD % ZHUVMD & ZHUVMD ' ZHUVMD (

V]NãR RUQDPHQWRZH SRLQW V R JUXERĤFL PP

:<3(â1,(1,$ 30

32

PP

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã ]ã ]ã UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +100%

:<0,$5<

ÅSODVWHU PLRGXµ

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


'<1$0,&

723 5(6,67

'0

0

'

S6

SURÀO UDPNL '<1$0,& PDãD V]\ED GXİD V]\ED V]\E

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

VNU]\GãR SU]\OJRZH

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

ELDãH

208

301

327

GUHZQRSRGREQH EXN ROFKD MDEãRę ZLĤQLD ZHQJH

'<1$0,& 9$5,2

723 5(6,67

'9 $

%

%

%

%

SURÀO UDPNL '<1$0,& 9DULR :(56-$ $ % & (

VNU]\GãR SU]\OJRZH

:(56-$ $

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ %

ELDãH

274

274

392

&

&

&

GUHZQRSRGREQH EXN ROFKD MDEãRę ZLĤQLD ZHQJH

'

' SURÀO UDPNL '<1$0,& 9DULR :(56-$ '

VNU]\GãR SU]\OJRZH

:(56-$ &

:(56-$ &

:(56-$ &

:(56-$ '

:(56-$ '

ELDãH

274

274

274

(

(

(

(

(

(

VNU]\GãR SU]\OJRZH

:(56-$ (

:(56-$ (

:(56-$ (

:(56-$ (

:(56-$ (

:(56-$ (

ELDãH

392

392

392

392

392

392

GUHZQRSRGREQH EXN ROFKD MDEãRę ZLĤQLD ZHQJH

GUHZQRSRGREQH EXN ROFKD MDEãRę ZLĤQLD ZHQJH

.2/25<67<.$

ELDã\

EXN

ROFKD

MDEãRę

ZLĤQLD

ZHQJH

= XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQ WRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK

3 2 : , ( 5 = & + 1 , $

T O P

R E S I S T

3RZLHU]FKQLD ] SRZãRNĈ R Z\VRNLHM RGSRUQRĤFL QD ]DU\VRZDQLD L ĤFLHUDQLH

&HQ\ ]ã 1(772 EUXWWR 9$7

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

7


,038/6 6.5=<'â$ :(:1ć75=/2.$/2:(

GRVWčSQH URG]DMH V]NãD

%,$â< 0$7

%5ć= 0$7

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$ V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') R SRZLHU]FKQL /$0,6721( 6,/.6721( Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ 2.8&,$ ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,( ZHUVMD VWDQGDUG V]NãR KDUWRZDQH ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH ELDã\ GĈE ]ãRW\ GĈE VRVQD SDW\QD VRVQD VHSLD JUXV]D MDEãRę V]DIUDQ GĈE 5R\DO GĈE SROVNL MHVLRQ 5R\DO RU]HFK DQW\F]Q\ DQWUDF\W 5R\DO V]NãR KDUWRZDQH EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH F]DUQ\ GĈE RU]HFK SUHPLXP WHDN ZHQJH ĤOLZD F\QDPRQ LPELU RU]HFK 5R\DO NDV]WDQ 5R\DO NDV]WDQ DQW\F]Q\ PHUEDX 5R\DO SR]RVWDãH ZHUVMH VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH ELDã\ GĈE ]ãRW\ GĈE VRVQD SDW\QD VRVQD VHSLD JUXV]D MDEãRę V]DIUDQ GĈE 5R\DO GĈE SROVNL MHVLRQ 5R\DO RU]HFK DQW\F]Q\ DQWUDF\W 5R\DO V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH F]DUQ\ GĈE RU]HFK SUHPLXP WHDN ZHQJH ĤOLZD F\QDPRQ LPELU RU]HFK 5R\DO NDV]WDQ 5R\DO NDV]WDQ DQW\F]Q\ PHUEDX 5R\DO ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW ]ã ]ã ]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR ² ZHUVMD

:<3(â1,(1,$ 30

ÅSODVWHU PLRGXµ

8

32

Sã\WD ZLyURZD RWZRURZDQD

33

Sã\WD ZLyURZD SHãQD

:<326$į(1,( '2'$7.2:( 23&-(

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX EUXWWR EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH GR ]ã ]ã PP QLH GRW\F]\ ZHUVML

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP QLH GRW\F]\ ZHUVML

Z]PRFQLHQLH SRG VDPR]DP\NDF] QLH GRW\F]\ ZHUVML

]ã ]ã ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P ]ã ]ã G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ODF\MQ\P RUD] ZHUVML

IDEU\F]QH VNUyFHQLH GU]ZL GR PP QLH GRW\F]\ ZHUVML

VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH QLH GRW\F]\ ZHUVML

]ã ]ã ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK RVãRQNL QD ]DZLDV\ VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML QLH GRW\F]\ Å µ Z ZHUVML

VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU QLH GRW\F]\ ZHUVML

RĤFLHİQLFH VWDãD OXE UHJXORZDQD :<0,$5< VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

netto

+20% +40%

+20% +100%


,038/6

,8

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

VNU]\GãR SU]\OJRZH

ZHUVMD

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

204

272

SURÀO V]SURVX ,038/6 :(56-$

VNU]\GãR SU]\OJRZH

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$

:(56-$

454

454

454

454

454

375

:(56-$ '

:(56-$

:(56-$

:(56-$ &

:(56-$ &

:(56-$ &

:(56-$ &

272

341

431

431

431

431

SURÀO UDPNL ,038/6

ZHUVMD

VNU]\GãR SU]\OJRZH

.2/25<67<.$

VRVQD SDW\QD

ELDã\ GĈE

VRVQD VHSLD

F\QDPRQ Y

]ãRW\ GĈE F]DUQ\ GĈE

LPELU Y

JUXV]D

RU]HFK SUHPLXP

WHDN

MDEãRę

ĤOLZD

V]DIUDQ Y

ZHQJH

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

3 2 : , ( 5 = & + 1 , $

LAMISTONE

SILKSTONE 3RZLHU]FKQLD R FKDUDNWHU\VW\FH /$0,6721( ] GRGDWNRZ\P QLHSRZWDU]DOQ\P HIHNWHP VWUXNWXU\ SUDZG]LZHJR GUHZQD &HQ\ ]ã 1(772 EUXWWR 9$7

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

GĈE SROVNL

NDV]WDQ DQW\F]Q\

RU]HFK DQW\F]Q\

= XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQWRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK

3RZLHU]FKQLD ] SRZãRNĈ ]DEH]SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF]Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\ WHF]QRĤFL SXEOLF]QHM L VWRVRZDQD Z ZDUXQ NDFK LQWHQV\ZQHM HNVSORDWDFML VWRODUNL GU]ZLRZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

12:2ģý

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

9


(7,8'$ 6.5=<'â$ :(:1ć75=/2.$/2:(

GRVWčSQH URG]DMH V]NãD

%,$â< 0$7

%5ć= 0$7

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ JyUQD NUDZčGĮ VNU]\GãD Z V\VWHPLH EH]SU]\OJRZ\P UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') R SRZLHU]FKQL /$0,6721( 6,/.6721( Z\SHãQLHQLH Sã\WD ZLyURZD SHãQD ZHUVMD % % % % VWUXNWXUD ÅSODVWUD PLRGXµ ZHUVMD % $ $ $

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

ZHUVMD $ $

VWDQGDUG V]NãR KDUWRZDQH ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH ELDã\ GĈE ]ãRW\ GĈE VRVQD SDW\QD VRVQD VHSLD JUXV]D MDEãRę V]DIUDQ GĈE 5R\DO GĈE SROVNL MHVLRQ 5R\DO RU]HFK DQW\F]Q\ DQWUDF\W 5R\DO V]NãR KDUWRZDQH EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH F]DUQ\ GĈE RU]HFK SUHPLXP WHDN ZHQJH ĤOLZD F\QDPRQ LPELU RU]HFK 5R\DO NDV]WDQ 5R\DO NDV]WDQ DQW\F]Q\ PHUEDX 5R\DO

Z\PLDU V]NOHQLD QLH]DOHİQ\ RG Z\PLDUX GU]ZL PP

V]HURNRĤþ V]NOHQLD Z ZHUVML $ PP V]HURNRĤþ V]NOHQLD Z ZHUVML $ PP V]HURNRĤþ V]NOHQLD Z ZHUVML $ PP

:<3(â1,(1,$ 30

PP

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ UR]PLDU Å µ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã QLH GR PP ZHUVMD % %

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP ZHUVMD % %

Z]PRFQLHQLH SRG VDPR]DP\NDF] QLH GRW\F]\ ZHUVML $ ]ã ]ã $ $

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P ]ã ]ã G]LDãDQLHP ZLOJRFL QLH GRW\F]\ ZHUVML $ $ $

IDEU\F]QH VNUyFHQLH GU]ZL GR PP QLH GRW\F]\ ZHUVML $ $ $

VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ZHUVMD % % % % %

]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU EXODM ZHUVMD %

VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH QLH GRW\F]\ $ Å µ $ $

VWU WXOHMH ZHQW\ODF\MQH ZHUVMD $ % %

V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU QLH GRW\F]\ ZHUVML $

RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +40%

+20% +100%

:<0,$5< ÅSODVWHU PLRGXµ

10

Sã\WD ZLyURZD SHãQD

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


(7,8'$

(8 %

%

%

%

%

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ %

204

440

440

440

440

$

$

$

VNU]\GãR SU]\OJRZH

OLVWZ\ DOXPLQLRZH SU]\V]\ERZH

OLVWZ\ DOXPLQLRZH

VNU]\GãR SU]\OJRZH

:(56-$ $

:(56-$ $

:(56-$ $

JyUQD NUDZčGĮ VNU]\GãD Z V\VWHPLH EH]SU]\OJRZ\P

.2/25<67<.$

VRVQD SDW\QD

VRVQD VHSLD

F\QDPRQ Y

LPELU Y

JUXV]D

ELDã\ GĈE

]ãRW\ GĈE F]DUQ\ GĈE

RU]HFK SUHPLXP

WHDN

ZHQJH

MDEãRę

ĤOLZD

V]DIUDQ Y

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

GĈE SROVNL

NDV]WDQ DQW\F]Q\

RU]HFK DQW\F]Q\

12:2ģý

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

= XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQWRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

3 2 : , ( 5 = & + 1 , $

LAMISTONE 3RZLHU]FKQLD ] SRZãRNĈ ]DEH]SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF]Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\ WHF]QRĤFL SXEOLF]QHM L VWRVRZDQD Z ZDUXQ NDFK LQWHQV\ZQHM HNVSORDWDFML VWRODUNL GU]ZLRZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

SILKSTONE 3RZLHU]FKQLD R FKDUDNWHU\VW\FH /$0,6721( ] GRGDWNRZ\P QLHSRZWDU]DOQ\P HIHNWHP VWUXNWXU\ SUDZG]LZHJR GUHZQD &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

11


*5$9, 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\WH SRZLHU]FKQLĈ *5$9,6721( Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ VNU]\GãR XVãRMHQLH SLRQRZH SDQHOH XVãRMHQLH SR]LRPH

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

2.8&,$ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ ]ã ]ã 6=./(1,( GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP GOD VNU]\GHã Z NRORU\VW\FH ODWWH QLH GR PP

NDUPHO GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP GR VNU]\GHã Z NRORU\VW\FH VNUyFHQLH GR PP

F]HNRODGD Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã 30 32 PP SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD 0') OXE UHJXORZDQD ',1

+20% +40%

:<3(â1,(1,$ :<3(â1,(1,$

+20%

:<0,$5<

ÅSODVWHU PLRGXµ

12

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


*5$9,

07 $3

%6

%6

%6

%6

$3

%6

%6

%6

%6

180

345

345

345

345

$

$

$

$

$

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK $3 GRSãDWD 270

VNU]\GãR SU]\OJRZH

VNU]\GãR SU]\OJRZH

$

$

$

$

$

$

$

490

490

490

490

490

490

*5$9,6721(

.2/25<67<.$

ODWWH

NDUPHO

F]HNRODGD

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

*5$9,6721( 3RZLHU]FKQLD ] Z\UDĮQĈ SU]HVWU]HQQĈ VWUXN WXUĈ QDWXUDOQHJR GUHZQD R SRGZ\İV]RQHM RGSRUQRĤFL QD XV]NRG]HQLD PHFKDQLF]QH

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ',1 =3 RUD] VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

13


'(&2 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< :<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã 2.8&,$ UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH 6=./(1,( ]ã ]ã Å µ Å µ Å µ VWDQGDUG '(&2 PDãD V]\ED GXİD V]\ED V]\E

V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]UR GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã QLH GR PP

F]\VWH R JUXERĤFL PP GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VWDQGDUG '(&2 9$5,2 ZHUVMD $ ZHUVMD % ZHUVMD &

]ã ]ã V]NãR RUQDPHQWRZH SRLQW V R JUXERĤFL PP VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU 30 32 33 EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<3(â1,(1,$

:<0,$5<

ÅSODVWHU PLRGXµ

14

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


'(&2

ODPLQRZDQH

'&

60

6'

6

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

243

291

321

389

ODPLQDW &3/ PP

389

500

EXN

V]DU\

ZLĤQLD

RU]HFK

GĈE

'(&2 9$5,2

&3/ PP

3(â1(

ODPLQDW &3/ PP

&3/ PP

VNU]\GãR SU]\OJRZH

EXN

GĈE

ODPLQRZDQH

&9

$

%

%

%

%

%

&

&

&

:(56-$ $

:(56-$ % 6

:(56-$ % 6

:(56-$ % 6

:(56-$ % 6

:(56-$ % 6

:(56-$ &

:(56-$ &

:(56-$ &

VNU]\GãR SU]\OJRZH

:(56-$ $

:(56-$ %

:(56-$ &

:(56-$ &

:(56-$ &

ODPLQDW &3/ PP

328

407

449

EXN

V]DU\

ZLĤQLD

RU]HFK

GĈE

2SFMRQDOQLH PRİOLZRĤþ ]DVWRVRZDQLD ODPLQDWyZ +3/ PP

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

= XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQWRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK

SURÀO UDPNL '(&2 9DULR :(56-$ $ % &

&HQ\ ]ã 1(772 EUXWWR 9$7

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

15


6,03/( $6725 *5$) 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM QLH GRW\F]\ GU]ZL ]ã ]ã V\VWHP SU]\OJRZ\ $6725

UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ Å µ Å µ Å µ

GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH 2.8&,$ ]ã ]ã QLH GR PP

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDOR GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

Z\FK F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P 6=./(1,( G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã VWDQGDUG V]NãR RUQDPHQWRZH $/,*2 R JUXERĤFL PP ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP ]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR ² 6,03/( ZHUVMD Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã :<326$į(1,( '2'$7.2:( 23&-(

VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM QLH GRW\F]\ ]ã ]ã RVãRQNL QD ]DZLDV\ VWU GU]ZL $6725

V]NOHQLH RSFMRQDOQH VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH GOD VWDQGDUGRZHM Z\VRNRĤFL

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU QLH GRW\F]\ Å µ

RĤFLHİQLFH VWDãD OXE UHJXORZDQD UHJXORZDQD 4 6<67(0 VWU NRURQD GR RĤFLHİQLF\ 6<67(0 ',1 4 6<67(0 ² V]W ]ã ]ã

+10% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ

Å µ QLHW\SRZD V]HURNRĤþ ĤZLDWãR SU]HMĤFLD PP

Z\PLDU SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ VWDãD PP V]NãR RUQDPHQWRZH $/,*2

UHJXORZDQD PP UHJXORZDQD ',1 PP

Z\PLDU VNU]\GD Z GU]ZLDFK Å µ [ PP

GZXVNU]\GãRZH QLH GRW\F]\ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

VWU


6,03/(

SRZLHU]FKQLD JãDGND

60

438

312

VNU]\GãR SU]\OJRZH

*5$)

SRZLHU]FKQLD JãDGND

*) 6

6

6

6

6

6

6

6

312

354

VNU]\GãR SU]\OJRZH

$6725

S4

0

0

VNU]\GãR SU]\OJRZH

PDORZDQH

S5

S4

S5

438

481

SRZLHU]FKQLD JãDGND

$7

PDORZDQH

6S

6

8S

6S

8S

6

431

455

479

NRURQD

PDORZDQH

RSDVND RĤFLHİQLF\ 4 6<67(0 =-

2ĤFLHİQLFD UHJXORZDQD 4 6<67(0 2ĤFLHİQLFD UHJXORZDQD 4 6<67(0 =- VWU .RURQD GR RĤFLHİQLF\ 6<67(0 ',1 4 6<67(0 ]ã ]ã V]W

.2/25<67<.$

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

ELHO 1&6 V 1

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHÄ°QLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHÄ°QLFH VWDãH GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

17


+$33< 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL VRVQRZHM REãRİRQ\ PDORZDQ\PL Sã\WDPL +') Z\SHãQLH QLH VWDQRZL Sã\FLQD PDORZDQD REXVWURQQLH ² MHGQD VWURQD Sã\FLQ\ SHãQL IXQNFMč 0$*1(7<&=1(- 7$%/,&< 6=.2/1(- WDEOLFD Z NRORU]H F]DUQ\P GUXJD VWURQD Sã\FLQ\ PDORZDQD Z NRORU]H GU]ZL OXE REXVWURQQLH PDORZDQD Z NRORU]H GU]ZL EH] WDEOLF\ PDJQHW\F]QHM

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

2.8&,$ IDEU\F]QH VNUyFHQLH GU]ZL GR PP ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP ]DZLDV\ F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ Å µ ² V]W SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã Å µ ² V]W

]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK 6=./(1,( RVãRQNL QD ]DZLDV\ VWU Z]yU V]NãR EH]SLHF]QH PDWRZH R JUXERĤFL PP NODPNL VWU NUDWNL ZHQW\ODF\MQH VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

18

VWU


+$33<

SRZLHU]FKQLD JãDGND

+<

3(â1(

6=./21(

821

821

VNU]\GãR SU]\OJRZH

PDORZDQH

.2/25<67<.$

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

ELHO 1&6 V 1

YZ WDEOLFD RG VWURQ\ ]DZLDVRZHM

<1 WDEOLFD RG VWURQ\ SU]HFLZQHM GR ]DZLDVRZHM

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

19


&/$66,& &/$66,& /8;

),25'

6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< :<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã 2.8&,$ GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]ã ]ã ]DZLDV\ F]RSRZH ZNUčFDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDOR QLH GR PP

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH Z\FK F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

]ã ]ã VNUyFHQLH GR PP

6=./(1,( VWDQGDUG &/$66,& &/$66,& /8; PDãD V]\ED GXİD V]\ED V]\E ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã V]\E

ZHQW\ODF\MQ\P

VWDQGDUG ),25' PDãD V]\ED GXİD V]\ED V]\E\ V]\E

V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH EH] IDEU\F]QH VNUyFHQLH GU]ZL GR PP EDUZQH SU]H]URF]\VWH %% R JUXERĤFL PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã V]SURV\ GUHZQLDQH V\VWHP 32/ 6.21( VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH GOD VWDQGDUGRZHM Z\VRNRĤFL

VWU 30 33 WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD :<0,$5< VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

+10% +30%

:<3(â1,(1,$

ÅSODVWHU PLRGXµ

20

Sã\WD ZLyURZD SHãQD


&/$66,&

0

S6

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

6=<%

302

324 SRZLHU]FKQLD JãDGND

&;

0

'

S6

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

6=<%

431

SRZLHU]FKQLD JãDGND

)'

0

6'

6

PDORZDQH

6

),25'

PDORZDQH

6

3(â1(

&/$66,& /X[

VNU]\GãR SU]\OJRZH

'

172

VNU]\GãR SU]\OJRZH

VNU]\GãR SU]\OJRZH

SRZLHU]FKQLD ]H VWUXNWXUĈ GUHZQD

&/

PDORZDQH

S8

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%<

6=<%

431

431

.2/25<67<.$

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

ELHO 1&6 V 1

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

SURÀO UDPNL &/$66,& &/$66,& /X[

SURÀO UDPNL ),25'

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

21


3â<72:( 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< :<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

]ã ]ã 2.8&,$ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã 6=./(1,( GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH VWDQGDUG 3â<72:( PDãD V]\ED GXİD V]\ED V]\E

]ã ]ã V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]UR QLH GR PP

F]\VWH R JUXERĤFL PP GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW ]ã ]ã VNUyFHQLH GR PP

]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR ² ZHUVMD 6' ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU 30 32 33 EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD :<0,$5< VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

+10% +30%

:<3(â1,(1,$

ÅSODVWHU PLRGXµ

22

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD


3â<72:(

VNU]\GãR SU]\OJRZH

SRZLHU]FKQLD JãDGND

3/

PDORZDQH

60

60

6'

6'

6'

6

6

3(â1(

0$â$ 6=<%$

0$â$ 6=<%$

'8į$ 6=<%$

'8į$ 6=<%$

'8į$ 6=<%$

6=<%

6=<%

205 341 341 434 434

ZHUVMH 60 6' 6 ² V]SURV ãXNRZ\ ZHUVMH 60 6' 6' 6 ² V]SURV SURVW\ 60 ² PDãD V]\ED 6' ² GXİD V]\ED 6 ² V]\E

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

.2/25<67<.$

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

ELHO 1&6 V 1

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

-$.2 :<326$į(1,( '2'$7.2:( 3523218-(0< VDPR]DP\NDF]

SDQHO ]H VWDOL QLHUG]HZQHM

SDWU] VWU

NUDWND ]H VWDOL QLHUG]HZQHM

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

SURÀO UDPNL 3â<72:(

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

23


02'(51 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') PDORZDQD Sã\ FLQD ] 0')

35=(.5Ð- '5=:, 02'(51 PDORZDQD Sã\FLQD ] 0')

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL NRPSOHW VNU]\GãR ] RĤFLHİQLFĈ GUHZQLDQĈ ² F]RSRZH ZNUčFDQH UHJXORZDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK ² F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

VWDQGDUG 02'(51 V]\E V]\E V]\E

V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]UR F]\VWH R JUXERĤFL PP V]SURV\ GUHZQLDQH V\VWHP 32/ 6.21(

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

RĤFLHİQLFD ] GUHZQD VRVQRZHJR

Z\SHãQLHQLH 0')

PDORZDQH Sã\W\ +')

UDPLDN GUHZQLDQ\

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LD ãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ ]ã ]ã ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM %5 VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH GOD VWDQGDUGRZHM Z\VRNRĤFL QLH GRW\F]\ Å µ

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

24

VWU


02'(51

6=<%

VNU]\GãR SU]\OJRZH

3(â1(

6=<%

6

3(â1(

6=<%

750 999

6

3(â1(

6=<%

02'(51

6

3(â1(

6=<%

750 999

6

6=<%

6

3(â1(

6=<%

3(â1(

6=<%

750 999

750 999

.2/25<67<.$

6

3(â1(

6=<%

750 999

ZLGRN RG VWURQ\ ]DZLDVyZ

%8/$-

ELHO 1&6 V 1

3(â1(

750 999

750 999

02'(51

6

02'(51

750 999

02'(51

750 999

02'(51

VNU]\GãR SU]\OJRZH

6

PDORZDQH

02'(51

3(â1(

02'(51

6

02'(51

02'(51

VNU]\GãR SU]\OJRZH

SRZLHU]FKQLD JãDGND

0'

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

PRİOLZRĤþ ]DVWRVRZDQLD EXODMD GR GU]ZL SHãQ\FK EXODM PP JUXERĤþ PP

NRORU VWDO QLHUG]HZQD PP PP

%5

ZLGRN RG VWURQ\ ]DZLDVyZ

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF L UDPHN

%8/$-

SURÀO UDPNL 02'(51

EXODM PP JUXERĤþ PP

EXODM PP JUXERĤþ PP

:\VWčSXMH Z NRORU\VW\FH VWDO QLHUG]HZQD PDW

FKURP PRVLĈG] V]NãR ODNRPDW

NRORU VWDO QLHUG]HZQD PP

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

25


'(&2 /X[

'(&2 /X[ VRIW

6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ '(&2 /X[ UDPND SURÀORZDQD '(&2 /X[ 6RIW UDPND SyãRNUĈJãD

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ NROHNFMD 5(752 /,0%$ ² F]RSRZH ZNUčFDQH UHJXORZDQH NROHNFMD , ,, ,,, ² F]RSRZH ZNUčFDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

PDãD V]\ED GXİD V]\ED V]\E

VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH] EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW ]DOHFD ]ã ]ã VWRVRZDQLH V]NãD KDUWRZDQHJR SRLQW V NXUD ² ZHUVMD 6'

:<3(â1,(1,$

30

32

33

:<326$į(1,( '2'$7.2:( 23&-(

netto

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX EUXWWR EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH GR PP

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK RVãRQNL QD ]DZLDV\ V]NOHQLH RSFMRQDOQH EXODM NODPNL RSFMH ZHQW\ODFML V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP RĤFLHİQLFH VWDãD OXE UHJXORZDQD

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

ÅSODVWHU PLRGXµ

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

+20% +40%

]ã ]ã ]ã ]ã ]ã ]ã ]ã ]ã ]ã ]ã ]ã ]ã

+10% +30%

]ã ]ã ]ã ]ã ]ã ]ã VWU VWU VWU VWU VWU VWU VWU


'(&2 /X[

'(&2 /X[ soft DS

';

60

IRUQLU\ QDWXUDOQH

6'

IRUQLURZDQH

ODNLHU 89

6

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

3(â1( VNU]\GãR SU]\OJRZH

3(â1(

'8į$ 6=<%$

6=<%

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

MDVQ\ GĈE

OLPED

'(&2 Retro VNU]\GãR SU]\OJRZH

';

3(â1(

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

'(&2 /X[ soft Retro 0$â$ 6=<%$

'8į$ 6=<%$

DS

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

5(752 IRUQLU GĈE

IRUQLURZDQH

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

6=<%

498 570 781

'(&2 /LPED VNU]\GãR SU]\OJRZH

.2/(.&-$ ,,,

.2/(.&-$ ,, .2/(.&-$ ,,,

.2/(.&-$ ,,

355 391 454 559 373 412 477 587 409 450 522

.2/(.&-$ ,

.2/(.&-$ ,

0$â$ 6=<%$

';

3(â1(

'(&2 /X[ soft /LPED DS 0$â$ 6=<%$

'8į$ 6=<%$

/,0%$ IRUQLU OLPED

IRUQLURZDQH

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

6=<%

498 570 781

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

3URÀO UDPNL GR VNU]\GHã '(&2 /X[

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

3URÀO UDPNL GR VNU]\GHã '(&2 /X[ 6RIW

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

27


'(&2 /X[ VRIW 9DULR 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1<

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

.216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL IRUQLURZDQH NROHNFMD , ,, ,,, ² ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK F]RSRZH ZNUčFDQH

6=./(1,(

VWDQGDUG '(&2 /X[ VRIW 9DULR V]NãR RUQDPHQWRZH SRLQW V R JUXERĤFL PP

:<3(â1,(1,$ 30

32

PP

ÅSODVWHU PLRGXµ

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

UR]PLDU Å µ Z\VWUyM V]NOHQLD VWRVRZDQ\ MDN Z Å µ

Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã Å µ Å µ Å µ

GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã QLH GR PP

GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +40%

+10% +30% /

:<0,$5<

28

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


'(&2 /X[ VRIW Vario

69

VNU]\GãR SU]\OJRZH .2/(.&-$ ,

.2/(.&-$ ,,

%

%

%

%

&

%

%

%

%

&

411

411 521

428 483 538 594 428

.2/(.&-$ ,,,

519 574

&

&

'

VNU]\GãR SU]\OJRZH

&

&

'

.2/(.&-$ ,

'

'

521 521

.2/(.&-$ ,,

483 538 538 483

.2/(.&-$ ,,,

519 574 574 519

IRUQLURZDQH

MDVQ\ GĈE

OLPED

GĈE SDOLVDQGHU

GĈE UXVWLNDO

F]HUHĤQLD

EXN

.2/(.&-$ ,,,

.2/(.&-$ ,

.2/(.&-$ ,,

.2/25<67<.$

ODNLHU 89

RU]HFK HXURSHMVNL

NORQ

GĈE HXURSHMVNL

RU]HFK WXUHFNL

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

3URÀO UDPNL GR VNU]\GHã '(&2 /X[ 6RIW 9DULR

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFč VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

29


6(035( 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1<

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

.216758.&-$ 6.5=<'â$

7$%(/$ 6=./(1,$ 6(035(

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM V\VWHP SU]\OJRZ\ IDEU\F]QH VNUyFHQLH GU]ZL GR PP UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRZLHU]FKQLĈ /$0,6721( 6,/.6721( WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã Z]yU : : Z NRORUDFK RVãRQNL QD ]DZLDV\ VWU SDQHOH XVãRMHQLH SLRQRZH Z NRORUDFK SDQHOH NODPNL VWU XVãRMHQLH SR]LRPH WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU Z]yU : : $ : : $ SDQHOH XVãRMHQLH SR]LRPH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU 2.8&,$ SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] RĤFLHİQLFH VWDãD OXE UHJXORZDQD ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

:<0,$5< VWU 6=./(1,( MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ Z\PLHQQLH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD SDWU] WDEHOND V]NOHQLD

GZXVNU]\GãRZH

30

+20% +30%

'RVWčSQH UyZQLHİ Z NRORU\VW\FH IRUQLUyZ QDWXUDOQ\FK SDWU] VWU 6(035( /X[ :=Ð5 52'=$- 6=.â$ .2/25<

6(035( Z]yU 6]NãR JUXERĤþ PP ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD ;

; ; ; ; ;

;

;

; ; [ ;

;

; ; ; ;

; ; ;

6(035( Z]yU 6]NãR JUXERĤþ PP KDUWRZDQH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD

;

;

;

;

; ; [ ;

;

; ; ; ;

; ; ;

6(035( Z]yU : : $ : : $ 6]NãR JUXERĤþ PP ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD

;

;

;

; ; [ ;

; ; ;

;

;


6(035(

$9 :

:

VNU]\GãR SU]\OJRZH /$0,6721(

6,/.6721(

:

:

:

:

:

511 511 511 : 3

: 3

VNU]\GãR SU]\OJRZH /$0,6721(

6,/.6721(

:

:

: 6

:

: 6

: S

: 6

: 6

: 6

: 6

: $

: S4

SDQHO XVãRMHQLH SR]LRPH Sã\FLQD XVãRMHQLH SR]LRPH

: $

511 511 511 511 511 511 511 : 3

:

: 6

: 6

: 6

: 6

: $

SDQHO XVãRMHQLH SR]LRPH Sã\FLQD XVãRMHQLH SR]LRPH

: 3

VNU]\GãR SU]\OJRZH /$0,6721(

6,/.6721(

:

: S

: 6

: 6

: S4

: $

511 511 511 511 511 511 511

/$0,6721(

.2/25<67<.$

]ãRW\ GĈE

RU]HFK SUHPLXP

ZHQJH

VRVQD SDW\QD

VRVQD VHSLD

LPELU K

V]DIUDQ K

6,/.6721(

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

12:2ģý

.2/25<67<.$

GĈE SROVNL

NDV]WDQ DQW\F]Q\

RU]HFK DQW\F]Q\

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

NRORU LPELU K XNãDG KRU\]RQWDOQ\

3 2 : , ( 5 = & + 1 , $

LAMISTONE 3RZLHU]FKQLD ] SRZãRNĈ ]DEH]SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF]Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\ WHF]QRĤFL SXEOLF]QHM L VWRVRZDQD Z ZDUXQ NDFK LQWHQV\ZQHM HNVSORDWDFML VWRODUNL GU]ZLRZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

SILKSTONE 3RZLHU]FKQLD R FKDUDNWHU\VW\FH /$0,6721( ] GRGDWNRZ\P QLHSRZWDU]DOQ\P HIHNWHP VWUXNWXU\ SUDZG]LZHJR GUHZQD &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

31


6(035( $OX 6.5=<'â$ :(:1ć75=/2.$/2:(

ģý 2 : 2 1 23,6 7(&+1,&=1<

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

.216758.&-$ 6.5=<'â$

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRZLHU]FKQLĈ /$0,6721( 6,/.6721( WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã SDQHOH XVãRMHQLH SR]LRPH GHNRUDF\MQH OLVWZ\ DOXPLQLRZH RVãRQNL QD ]DZLDV\ VWU 2.8&,$ NODPNL VWU ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU 6=./(1,( SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU Z\PLHQQLH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD SDWU] WDEHOND V]NOHQLD

RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +30%

:<0,$5<

7$%(/$ 6=./(1,$ 6(035(

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

32

Z]yU URG]DM V]NãD NRORU\

6(035( Z]yU : : $ : : $ V]NãR JUXERĤþ PP ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD ;

; ; ; ; ;

;

; ; [ ;

; ; ;

;

;

VWU


6(035( $OX

$/

VNU]\GãR SU]\OJRZH /$0,6721(

6,/.6721(

: 3

:

: 6

: 6

: 6

: 6

: $

: 3

:

: S

: 6

: 6

: S4

: $

: 3

: 3

VNU]\GãR SU]\OJRZH /$0,6721(

6,/.6721(

:

: 6

:

: 6

: S

: 6

: 6

: 6

: 6

GHNRUDF\MQH OLVWZ\ DOXPLQLRZH

: $

: S4

SDQHO XVãRMHQLH SR]LRPH Sã\FLQD XVãRMHQLH SR]LRPH

: $

/$0,6721(

.2/25<67<.$

]ãRW\ GĈE

RU]HFK SUHPLXP

ZHQJH

VRVQD SDW\QD

VRVQD VHSLD

LPELU K

V]DIUDQ K

6,/.6721(

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

12:2ģý

.2/25<67<.$

GĈE SROVNL

NDV]WDQ DQW\F]Q\

RU]HFK DQW\F]Q\

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

GHNRUDF\MQH OLVWZ\ DOXPLQLRZH

3 2 : , ( 5 = & + 1 , $

LAMISTONE 3RZLHU]FKQLD ] SRZãRNĈ ]DEH]SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF]Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\ WHF]QRĤFL SXEOLF]QHM L VWRVRZDQD Z ZDUXQ NDFK LQWHQV\ZQHM HNVSORDWDFML VWRODUNL GU]ZLRZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

SILKSTONE 3RZLHU]FKQLD R FKDUDNWHU\VW\FH /$0,6721( ] GRGDWNRZ\P QLHSRZWDU]DOQ\P HIHNWHP VWUXNWXU\ SUDZG]LZHJR GUHZQD &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

33


6(035( )LRUL 6.5=<'â$ :(:1ć75=/2.$/2:(

ģý 2 : 2 1 23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ SRZLHU]FKQLĈ 6,/.6721(

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,( EUĈ] PDW

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã RVãRQNL QD ]DZLDV\ VWU NODPNL VWU WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

34

VWU


6(035( )LRUL

$) :

:

:

:

SDQHOH ÀRUL Sã\FLQD NDV]WDQ 5R\DO

:

VNU]\GãR SU]\OJRZH

:

:

:

511 511 511 : 3

: 3

VNU]\GãR SU]\OJRZH

:

: 6

:

: S

: 6

: 6

: 6

: 6

: 6

: $

: S4

: $

SDQHO ÀRUL Sã\FLQD NDV]WDQ 5R\DO

511 511 511 511 511 511 511 : 3

:

: 6

: 6

: 6

: 6

: $

SDQHO ÀRUL Sã\FLQD NDV]WDQ 5R\DO

: 3

VNU]\GãR SU]\OJRZH

:

: S

: 6

: 6

: S4

: $

511 511 511 511 511 511 511

6,/.6721(

.2/25<67<.$

ÀRUL

NDV]WDQ 5R\DO

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

3 2 : , ( 5 = & + 1 , $

SILKSTONE 3RZLHU]FKQLD R FKDUDNWHU\VW\FH /$0,6721( ] GRGDWNRZ\P QLHSRZWDU]DOQ\P HIHNWHP VWUXNWXU\ SUDZG]LZHJR GUHZQD

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ L VWDãĈ ] 0') FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

35


6(035( /X[ 6.5=<'â$ :(:1ć75=/2.$/2:(

ģý 2 : 2 1 23,6 7(&+1,&=1<

6=./(1,(

Z\PLHQQLH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD SDWU] WDEHOND V]NOHQLD

:<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

V\VWHP SU]\OJRZ\ EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ IDEU\F]QH VNUyFHQLH GU]ZL GR PP SRZLHU]FKQLĈ IRUQLURZDQĈ VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SDQHOH XVãRMHQLH SR]LRPH WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã 2.8&,$ RVãRQNL QD ]DZLDV\ VWU ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] NODPNL VWU ]DZLDV\ VWU NROHNFMD 5(752 /,0%$ , ,, ,,, ,9 F]RSRZH ZNUčFDQH UHJXORZDQH WXOHMH ZHQW\ODF\MQH 7. 71 71

Å µ Å µ Å µ V]W Å µ V]W

V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

7$%(/$ 6=./(1,$ 6(035( /X[

'RVWčSQH UyZQLHİ Z NRORU\VW\FH /$0,6721( 6,/.6721( SDWU] VWU 6(035(

:=Ð5 52'=$- 6=.â$ .2/25<

6(035( Z]yU : 6]NãR JUXERĤþ PP ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD ; ; ; ; ; ; ; ; ; ; ; ; ; ;

6(035( :=Ð5 : : 6]NãR JUXERĤþ PP KDUWRZDQH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD ; ; ; ; ; ; ; ; ; ; ; ; ; ;

6(035( Z]yU : : $ : : $ 6]NãR JUXERĤþ PP ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD ; ; ; ; ; ; ; ; ; ; ; ; ; ;

VWU


6(035( /X[

$; :

:

:

:

0RİOLZRĤþ ]DVWRVRZDQLD GHNRUDF\MQ\FK OLVWHZ DOXPLQLRZ\FK ]ã QHWWR ]ã EUXWWR

:

VNU]\GãR SU]\OJRZH )251,52:$1( )251,52:$1(

:

:

:

790 790 790 790 : 3

:

: 6

: 6

: 6

: 6

: $

SDQHO XVãRMHQLH SR]LRPH Sã\FLQD XVãRMHQLH SR]LRPH

: 3

VNU]\GãR SU]\OJRZH )251,52:$1( )251,52:$1(

:

: S

: 6

: 6

: S4

: $

790 790 790 790 790 790 790 : 3

:

: 6

: 6

: 6

: 6

: $

SDQHO XVãRMHQLH SR]LRPH Sã\FLQD XVãRMHQLH SR]LRPH

: 3

VNU]\GãR SU]\OJRZH )251,52:$1( )251,52:$1(

:

: S

: 6

: 6

: S4

: $

790 790 790 790 790 790 790 IRUQLURZDQH

OLPED

GĈE SDOLVDQGHU

GĈE UXVWLNDO

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

GĈE HXURSHMVNL

.2/(.&-$ ,9

MDVQ\ GĈE

.2/(.&-$ ,,,

.2/(.&-$ ,,

JUDÀW

PDUURQH

QHUR

FDSSXFLQR

PRNND

WHDN

ODNLHU 89

/,0%$

5(752

.2/(.&-$ ,

.2/25<67<.$

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

37


6(035( ,QVHUWR 6.5=<'â$ :(:1ć75=/2.$/2:(

ģý 2 : 2 1 23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

:<326$į(1,( '2'$7.2:( 23&-(

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM SRZLHU]FKQLĈ IRUQLURZDQĈ SDQHOH SRZLHU]FKQLD U\ÁRZDQD IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP 2.8&,$ WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] RVãRQNL QD ]DZLDV\ VWU ]DZLDV\ NROHNFMD 5(752 NROHNFMD ,,, F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ NODPNL VWU Å µ V]W Å µ V]W

WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU 6=./(1,( V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE HXURSHMVNL SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ RĤFLHİQLFH VWDãD OXE UHJXORZDQD RU]HFK FLHPQ\ RU]HFK

+20% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

38

VWU


6(035( ,QVHUWR

$,

:

:

:

:

VNU]\GãR SU]\OJRZH

:

:

:

:

:

)251,52:$1(

990

990

990

990

990

SDQHO U\ÁRZDQ\

:

Sã\FLQD IRUQLURZDQD SDQHO U\ÁRZDQ\

IRUQLURZDQH

.2/25<67<.$

KHEDQ

FLHPQ\ RU]HFK UHWUR

MDVQ\ RU]HFK UHWUR

5(752

.2/(.&-$ ,,,

ODNLHU 89

GĈE HXURSHMVNL

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

39


6(035( 6HQVH 6.5=<'â$ :(:1ć75=/2.$/2:(

ģý 2 : 2 1 23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP 2.8&,$ VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DZLDV\ NROHNFMD ,9 9 F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ Å µ V]W RVãRQNL QD ]DZLDV\ VWU Å µ V]W

NODPNL VWU 6=./(1,( WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE QDWXUDOQ\ V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH RU]HFK ĤUHGQL SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ

VWU RU]HFK F]DUQ\ RĤFLHİQLFH VWDãD OXE UHJXORZDQD VWDQGDUG V]NãR JUDÀW PDW R JUXERĤFL PP Z NRORU\VW\FH JUDÀW :<0,$5< VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

40

+20% +30%


6(035( Sense

$(

VNU]\GãR SU]\OJRZH

:

:

:

:

)251,52:$1(

990

990

990

990

VNU]\GãR SU]\OJRZH

:

:

:

:

)251,52:$1(

990

990

990

990

IRUQLURZDQH

.2/25<67<.$

JUDÀW

.2/(.&-$ 9

.2/(.&-$ ,9

GĈE QDWXUDOQ\

RU]HFK ĤUHGQL

RU]HFK F]DUQ\

ODNLHU 89

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

41


6(035( 9HUVH 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\WH SRZLHU]FKQLĈ IRUQLURZDQĈ OXE SRNU\W\ SRZLHU]FKQLĈ /$0,6721( 6,/.6721(

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] IRUQLURZDQH ]DZLDV\ F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ V]W Å µ V]W

/$0,6721( 6,/.6721( ]DZLDV\ F]RSRZH ZNUčFDQH Å µ Å µ V]W Å µ V]W

6=./(1,(

Z\PLHQQLH ELDã\ PDW EUĈ] PDW JUDÀW VDW\QD SDWU] WDEHOND V]NOHQLD

Z\PLHQQLH ELDã\ EUĈ] W\ONR Z]yU : : : :

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP QLH GRW\F]\ : :

VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ

]ã ]ã RVãRQNL QD ]DZLDV\ VWU NODPNL VWU WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU SRGFLčFLH ZHQW\ODF\MQH W\ONR Å µ Å µ QLH GRW\F]\ VWU : : : : :

RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ GZXVNU]\GãRZH

42

VWU

7$%(/$ 6=./(1,$ 6(035( 9HUVH :=Ð5 52'=$- 6=.â$ .2/25<

Z]yU : : : : 6]NãR JUXERĤþ PP KDUWRZDQH JUDÀW ELDã\ PDW EUĈ] PDW VDW\QD ; ; ; ; [ ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ;

Z]yU : 6]NãR JUXERĤþ PP KDUWRZDQH JUDÀW ELDã\ PDW EUĈ] PDW VDW\QD ; ; ; ; [ ; ; ; ; ; ; ; ; [ ; ; ; ; ; ; ; ; [ ; ; ; ; ; ; ;


6(035( 9HUVH

$6 : 3

:

:

:

:

VNU]\GãR SU]\OJRZH

: 3

:

:

:

:

/$0,6721( 6,/.6721(

890

890

890

890

)251,52:$1(

790

990

990

990

990

:

:

:

:

:

V]NOHQLH Z]yU : :

:

:

9$ %,5$,1

9& %/85

:

VNU]\GãR SU]\OJRZH

:

:

:

:

:

/$0,6721( 6,/.6721(

)251,52:$1(

790

990

990

990

990

:

67$&&$772

9,

9*

6=./(1,( ELDã\ EUĈ]

/$0,6721(

.2/25<67<.$

]ãRW\ GĈE

RU]HFK SUHPLXP

ZHQJH

6,/.6721(

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

12:2ģý

.2/25<67<.$

GĈE SROVNL

NDV]WDQ DQW\F]Q\

RU]HFK DQW\F]Q\

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

IRUQLURZDQH

GĈE UXVWLNDO

GĈE HXURSHMVNL

JUDÀW

PDUURQH

QHUR

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

/,0%$

GĈE SDOLVDQGHU

5(752

OLPED

.2/(.&-$ ,9

MDVQ\ GĈE

.2/(.&-$ ,,,

.2/(.&-$ ,,

.2/(.&-$ ,

.2/25<67<.$

0(5/(772

SU]H]URF]\VWH

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH UHJXORZDQD 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] RĤFLHİQLFH VWDãH VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

43


7$1*$1,.$ 6$+$5$ .21*2 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ ZHUVMD $ % & UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z NRORU]H WHDN ELDã\ GĈE ZHQJH Z\SHã QLHQLH Sã\WĈ ZLyURZĈ RWZRURZDQĈ ZHUVMD ' UDPLDN ] NOHMRQNL VRVQRZHM ] IUH]RZDQĈ Sã\FLQĈ 0') UDPLDNL RUD] Sã\FLQ\ IRUQLURZDQH

6=./(1,(

ZHUVMD ' V]\ED V]\E\ V]\E\ V]\E\

V]NãR RUQDPHQWRZH SRLQW V R JUXERĤFL PP

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ZHUVMD $ % &

]ã ]ã 2.8&,$ WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã ]DZLDV\ GU]ZL VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH UHJXORZDQH QLH GR PP ZHUVMD $ % &

VNU]\GãR GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK ² F]RSRZH ZNUčFDQH GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã Å µ Å µ Å µ ² V]W Å µ ² V]W

VNUyFHQLH GR PP ZHUVMD $ % &

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P Sã\FLQD ] 0') IRUQLURZDQD G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã QDWXUDOQĈ RNOHLQĈ ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP ZHUVMD '

IDEU\F]QH VNUyFHQLH GU]ZL GR PP ZHUVMD $ % &

RĤFLHİQLFD ] GUHZQD VRVQRZHJR Z]PRFQLHQLH SRG VDPR]DP\NDF] ZHUVMD $ % &

]ã ]ã IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM ZHUVMD $ % &

VWU NODPNL VWU UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') NUDWNL ZHQW\ODF\MQH ZHUVMD ' W\ONR GOD VWDQGDUGRZHM IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z\VRNRĤFL QLH GRW\F]\ Å µ

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +10% +30%

)251,52:$1( = 3â<&,1ć )5(=2:$1ć :(56-$ '

44

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


7*

6$+$5$

6+

.21*2

IRUQLURZDQH

.1

7$1*$1,.$

7$1*$1,.$

ODNLHU 89

D5=:, 'ĭ:,Č.2,=2/$&<-1(

.21*2

6$+$5$

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK $ % & GRSãDWD 270

VNU]\GãR SU]\OJRZH :(56-$ $

:(56-$ %

508

:(56-$ &

:(56-$ ' 6

:(56-$ ' 6

:(56-$ ' 6

:(56-$ ' 6

:(56-$ ' 6

550 803 803 803 803 803 :(56-$ $

:(56-$ $

:(56-$ $

:(56-$ %

:(56-$ %

:(56-$ %

:(56-$ & :(56-$ '

:(56-$ & :(56-$ '

:(56-$ & :(56-$ '

:<3(â1,(1,$ :(56-$ $ % &

352),/ 5$0.,

PP

32

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

Sã\WD ZLyURZD RWZRURZDQD

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

Sã\WD ZLyURZD SHãQD

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

:(56-$ $ % & GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

45


48$7752 VRIW 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM Sã\FLQD IUH]RZDQD ² UDPLDNL RUD] Sã\FLQ\ IRU QLURZDQH

35=(.5Ð- '5=:, 48$7752 VRIW ] Sã\FLQĈ IUH]RZDQĈ Sã\FLQD ] 0') IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ

RĤFLHİQLFD ] GUHZQD VRVQRZHJR IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ

UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL VNU]\GOR RĤFLHİQLFD F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ Å µ V]W Å µ V]W

6=./(1,(

V]\ED V]\E\ V]\E\ V]\E\

VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH SRLQW V R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ UR]PLDU Å µ ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã Å µ Å µ Å µ ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH VWDQGDUGRZD Z\VRNRĤþ VNU]\GãD QLH GRW\F]\ Å µ

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD :<0,$5< VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

+20% +40% +10% +30%


48$7752 soft

IRUQLU\ QDWXUDOQH

3(â1(

6=<%$

6=<%<

6=<%<

6=<%< .2/(.&-$ ,,

VNU]\GãR SU]\OJRZH

721 721 829

.2/(.&-$ , .2/(.&-$ ,,

.2/(.&-$ ,,,

.2/(.&-$ ,,,

48$7752 5HWUR soft

VNU]\GãR SU]\OJRZH

3(â1(

6=<%$

MDVQ\ GĈE

OLPED

6=<%<

ODNLHU 89

3(â1(

6=<%$

6=<%<

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

IRUQLURZDQH

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

6

ODNLHU 89

6=<%$

6=<%<

6

/LPED IRUQLU OLPED

6=<%<

3(â1(

48$7752 /LPED soft SQ VNU]\GãR SU]\OJRZH

5HWUR IRUQLU GĈE

SQ

6=<%<

IRUQLURZDQH

.2/(.&-$ ,

64

IRUQLURZDQH

FDSSXFLQR

PRNND

WHDN

ODNLHU 89

6=<%<

6=<%<

6

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

6=<%<

4S

6=<%<

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

47


,17(562/,'

,17(562/,' VRIW

6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM Sã\FLQD IUH]RZDQD ² UDPLDNL RUD] Sã\FLQ\ IRU QLURZDQH

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL VNU]\GOR RĤFLHİQLFD F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ Å µ V]W Å µ V]W

35=(.5Ð- '5=:, ,17(562/,' ,17(562/,'

,17(562/,' soft Sã\FLQD ] 0') IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ RĤFLHİQLFD ] GUHZQD VRVQRZHJR IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ

UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ

48

6=./(1,(

VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQD PHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP V]SURV\ GUHZQLDQH 6\VWHP 32/ 6.21(

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ UR]PLDU Å µ ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã Å µ Å µ Å µ ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU V]NOHQLH RSFMRQDOQH VWU EXODM %5 VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH VWDQGDUGRZD Z\VRNRĤþ VNU]\GãD QLH GRW\F]\ Å µ

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+20% +40% +10% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU


VNU]\GãR SU]\OJRZH

,17(562/,' soft

,6

3(â1(

IRUQLU\ QDWXUDOQH IRUQLURZDQH

SS

6=<% 6=<% 6=<%

823 745 905 779 947

.2/(.&-$ , .2/(.&-$ ,, .2/(.&-$ ,,,

ODNLHU 89

MDVQ\ GĈE

OLPED

.2/(.&-$ ,,

VNU]\GãR SU]\OJRZH

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

,17(562/,' soft Retro SS

5(752 IRUQLU GĈE

830 994

VNU]\GãR SU]\OJRZH

,17(562/,' 6

6=<%

IRUQLURZDQH

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

3(â1(

6=<%

,17(562/,' 6

3(â1(

6=<%

,17(562/,' 6

3(â1(

6=<%

,17(562/,' 6

6=<% 6=<% 6=<%

3(â1(

,17(562/,' /LPED ,6

3(â1(

,17(562/,' 6

.2/(.&-$ ,,,

,17(562/,' Retro ,6

,17(562/,' 6

.2/(.&-$ ,

,17(562/,'

/,0%$

,17(562/,' soft /LPED SS IRUQLU IRUQLURZDQH OLPED

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

3(â1(

6=<%

,17(562/,' 6

3(â1(

6=<%

,17(562/,' 6

6=<% 6=<% 6=<%

3(â1(

830 994

3(â1(

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

6=<%

3(â1(

6=<%

,17(562/,' 6

%8/$-

ZLGRN RG VWURQ\ ]DZLDVyZ

PRİOLZRĤþ ]DVWRVRZDQLD EXODMD GR GU]ZL SHãQ\FK NRORU VWDO QLHUG]HZQD PP PP

%5

%8/$-

ZLGRN RG VWURQ\ ]DZLDVyZ

3(â1(

6=<%

EXODM PP JUXERĤþ PP

EXODM PP JUXERĤþ PP

SURÀO UDPNL

EXODM PP JUXERĤþ PP

:\VWčSXMH Z NRORU\VW\FH VWDO QLHUG]HZQD PDW

FKURP PRVLĈG] V]NãR ODNRPDW

NRORU VWDO QLHUG]HZQD PP

,17(562/,' VRIW

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

49


,17(562/,' ,, 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$ V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM Sã\FLQD IUH]RZDQD ² UDPLDNL RUD] Sã\FLQ\ IRU QLURZDQH

35=(.5Ð- '5=:, ,17(562/,' ,, Sã\FLQD ] 0') IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ

RĤFLHİQLFD ] GUHZQD VRVQRZHJR IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ

UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\

GU]ZL VNU]\GOR RĤFLHİQLFD F]RSRZH ZNUčFDQH UHJXORZDQH Å µ Å µ Å µ V]W Å µ V]W

6=./(1,( VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH] EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP V]SURV\ GUHZQLDQH 6\VWHP 32/ 6.21(

:<326$į(1,( '2'$7.2:( 23&-(

netto

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX EUXWWR EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM UR]PLDU Å µ UR]PLDU Å µ ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK RVãRQNL QD ]DZLDV\ V]NOHQLH RSFMRQDOQH EXODM %5 QLH GRW\F]\ ZHUVML

NODPNL NUDWNL ZHQW\ODF\MQH VWDQGDUGRZD Z\VRNRĤþ VNU]\GãD QLH GRW\F]\ Å µ

WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP RĤFLHİQLFH VWDãD OXE UHJXORZDQD

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

50

+20% +40% ]ã ]ã ]ã ]ã

+10% +30%

]ã ]ã ]ã ]ã VWU VWU VWU VWU VWU VWU VWU


,17(562/,' ,,

-6

3(â1(

.2/(.&-$ ,

759 794

.2/(.&-$ ,,

6=<% 6=<% 6=<%

838

EXN

.2/(.&-$ ,,, VNU]\GãR SU]\OJRZH

-6

GĈE UXVWLNDO

NORQ

5(752 IRUQLU GĈE

RU]HFK HXURSHMVNL

IRUQLURZDQH

ODNLHU 89

,17(562/,' ,, 6

,17(562/,' ,, 6

3(â1(

3(â1(

OLPED

6=<%

6=<%

,17(562/,' ,, 6

,17(562/,' ,, 6

3(â1(

3(â1(

GĈE SDOLVDQGHU

RU]HFK WXUHFNL

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

6=<%

6=<%

,17(562/,' ,, 6

,17(562/,' ,, 6

3(â1(

3(â1(

6=<% 6=<% 6=<%

3(â1(

830 994

,17(562/,' ,, /LPED VNU]\GãR SU]\OJRZH

F]HUHĤQLD

GĈE HXURSHMVNL

,17(562/,' ,, Retro

MDVQ\ GĈE

.2/(.&-$ ,,

.2/(.&-$ ,,,

IRUQLURZDQH

.2/(.&-$ ,

VNU]\GãR SU]\OJRZH

IRUQLU\ QDWXUDOQH

-6

/,0%$ IRUQLU OLPED

IRUQLURZDQH

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

6=<%

6=<%

,17(562/,' ,, 6

,17(562/,' ,, 6

3(â1(

3(â1(

6=<% 6=<% 6=<%

3(â1(

830 994 6=<%

6=<%

,17(562/,' ,, 6

,17(562/,' ,, 6

PRİOLZRĤþ ]DVWRVRZDQLD EXODMD GR GU]ZL SHãQ\FK ]D Z\MĈWNLHP Z]RUX

3(â1(

3(â1(

NRORU VWDO QLHUG]HZQD PP PP

EXODM PP JUXERĤþ PP

,17(562/,' ,, 6

ZLGRN RG VWURQ\ ]DZLDVyZ

EXODM PP JUXERĤþ PP

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

%8/$-

ZLGRN RG VWURQ\ ]DZLDVyZ

EXODM PP JUXERĤþ PP

:\VWčSXMH Z NRORU\VW\FH VWDO QLHUG]HZQD PDW

FKURP PRVLĈG] V]NãR ODNRPDW

%8/$-

%5

6=<%

3(â1(

NRORU VWDO QLHUG]HZQD PP

6=<%

GRVWčSQH V]HURNRĤFL Å µ Å µ

6=<%

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

51


9,7725,$ : 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< :<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM RNOHLQĈ Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM 2.8&,$ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã Å µ Å µ Å µ ]DZLDV\ GU]ZL 5(752 /,0%$ NRPSOHW VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH ]ã ]ã UHJXORZDQH GR PP

GU]ZL IRUQLURZDQH .2/(.&-$ , ,, ,,, ² F]RSRZH ZNUčFDQH GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK ² F]RSRZH ZNUčFDQH ]ã ]ã VNUyFHQLH GR PP

Å µ Å µ Å µ ² V]W Å µ ² V]W

Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã 6=./(1,( ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P V]\E V]\E

G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQD ZHQW\ODF\MQ\P

PHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL IDEU\F]QH VNUyFHQLH GU]ZL GR PP PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU 30 32 PP V]NOHQLH RSFMRQDOQH VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ VWU

+10% +30%

:<3(â1,(1,$

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

ÅSODVWHU PLRGXµ

52

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

VWU


VNU]\GãR SU]\OJRZH

9;

3(â1(

IRUQLU\ QDWXUDOQH

6=<% 6=<%

795 1042 838 1097

.2/(.&-$ , .2/(.&-$ ,,

.2/(.&-$ ,,,

.2/(.&-$ ,,

.2/(.&-$ ,,,

VNU]\GãR SU]\OJRZH

3(â1(

MDVQ\ GĈE

OLPED

D5=:, 'ĭ:,Č.2,=2/$&<-1( ] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

3(â1( NORQ

5(752 IRUQLU GĈE

RU]HFK HXURSHMVNL

IRUQLURZDQH

RU]HFK WXUHFNL

S6

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

6=<% 6=<%

1050 1320

9,7725,$ : /LPED VNU]\GãR SU]\OJRZH

9;

ODNLHU 89

GĈE HXURSHMVNL

9,7725,$ : Retro

IRUQLURZDQH

.2/(.&-$ ,

9,7725,$ :

3(â1(

9;

/,0%$ IRUQLU OLPED

IRUQLURZDQH

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

6=<%

6

6=<% 6=<%

1050 1320

6=<% QLH GRW\F]\ V]HURNRĤFL Å µ

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

SURÀO OLVWZ\ Z\VWURMX 9,7725,$ :

SURÀO UDPNL 9,7725,$ :

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

53


9(1$ 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< :<326$į(1,( '2'$7.2:( 23&-(

.216758.&-$ 6.5=<'â$

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM RNOHLQĈ Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã 2.8&,$ ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] Å µ Å µ Å µ ]DZLDV\ GU]ZL 5(752 /,0%$ NRPSOHW VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã UHJXORZDQH QLH GR PP

GU]ZL IRUQLURZDQH .2/(.&-$ , ,, ,,, ² F]RSRZH ZNUčFDQH GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK F]RSRZH ZNUčFDQH ]ã ]ã VNUyFHQLH GR PP

Å µ Å µ Å µ ² V]W Å µ ² V]W

Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã 6=./(1,( ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P PDãD V]\ED GXİD V]\ED V]\E V]\E

VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQD G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

PHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL IDEU\F]QH VNUyFHQLH GU]ZL GR PP PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK RVãRQNL QD ]DZLDV\ VWU 30 32 PP V]NOHQLH RSFMRQDOQH VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ VWU

+10% +30%

:<3(â1,(1,$

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

ÅSODVWHU PLRGXµ

54

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

VWU


9(1$

IRUQLU\ QDWXUDOQH

91

0

'

IRUQLURZDQH

ODNLHU 89

6

S6

D5=:, 'ĭ:,Č.2,=2/$&<-1( ] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

SURÀO UDPNL 9(1$

VNU]\GãR SU]\OJRZH

3(â1(

'8į$ 6=<%$

6=<%

6=<%

MDVQ\ GĈE

OLPED

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

9(1$ Retro VNU]\GãR SU]\OJRZH

0$â$ 6=<%$

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

'8į$ 6=<%$

6=<%

IRUQLURZDQH

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

6=<%

752 859 902 902 902

9(1$ /LPED VNU]\GãR SU]\OJRZH

5(752 IRUQLU GĈE

91

3(â1(

.2/(.&-$ ,,,

.2/(.&-$ ,,

743

.2/(.&-$ ,, .2/(.&-$ ,,,

.2/(.&-$ ,

0$â$ 6=<%$

519

.2/(.&-$ ,

/,0%$ IRUQLU OLPED

91

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

IRUQLURZDQH

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

6=<%

752 859 902 902 902

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

55


0,/(1,80

*5$1'

6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã 2.8&,$ ]DZLDV\ F]RSRZH UHJXORZDQH WU]HFL ]DZLDV Z VNU]\GOH ]ã ]ã ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] Å µ Å µ Å µ

]DZLDV\ GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFH ]ã ]ã GU]ZL 5(752 /,0%$ NRPSOHW VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH QLH GR PP

UHJXORZDQH GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH GU]ZL IRUQLURZDQH .2/(.&-$ , ,, ,,, ² F]RSRZH ZNUčFDQH ]ã ]ã VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK F]RSRZH ZNUčFDQH VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P Å µ Å µ Å µ ² V]W Å µ ² V]W

G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã 6=./(1,( ZHQW\ODF\MQ\P

PDãD V]\ED GXİD V]\ED V]\E V]\E

VWDQGDUG IRUQLU\ QDWXUDOQH .2/(.&-$ , ,, ,,, ² V]NãR RUQDPHQWRZH RUQDPHQW IDEU\F]QH VNUyFHQLH GU]ZL GR PP NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã 5(752 /,0%$ ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU 30 32 PP V]NOHQLH RSFMRQDOQH VWU EXODM VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<3(â1,(1,$

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH ÅSODVWHU PLRGXµ

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

VWU


0,/(1,80

0;

*5$1' IRUQLURZDQ\

0

IRUQLU\ QDWXUDOQH

*;

'

S6

IRUQLURZDQH

ODNLHU 89

6

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

*5$1'

0,/(1,80

D5=:, 'ĭ:,Č.2,=2/$&<-1(

SURÀO OLVWZ\ Z\VWURMX 0,/(1,80

0,/(1,80 *5$1' VNU]\GãR SU]\OJRZH

3(â1(

'8į$ 6=<%$

6=<%

SURÀO UDPNL *5$1'

*5$1' 6=<%

MDVQ\ GĈE

OLPED

0,/(1,80

0;

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

*5$1' Retro

*;

.2/(.&-$ ,,,

.2/(.&-$ ,,

.2/(.&-$ ,

*5$1'

811 811 811

.2/(.&-$ ,, .2/(.&-$ ,,,

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

5(752 IRUQLU GĈE

0,/(1,80 *5$1'

*5$1'

*5$1'

*5$1'

*5$1'

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

6=<%

752 821 903 903 903

0,/(1,80

VNU]\GãR SU]\OJRZH

0$â$ 6=<%$

*5$1'

534

.2/(.&-$ ,

VNU]\GãR SU]\OJRZH

*5$1'

0;

*5$1' /LPED

*;

/,0%$ IRUQLU OLPED

0,/(1,80 *5$1'

*5$1'

*5$1'

*5$1'

*5$1'

3(â1(

0$â$ 6=<%$

'8į$ 6=<%$

6=<%

6=<%

752 821 903 903 903

IRUQLURZDQH

ODNLHU 89

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

IRUQLURZDQH

ODNLHU 89

FDSSXFLQR

PRNND

WHDN

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH 5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

57


%8(12 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ 2.8&,$ ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ VWDQGDUGRZR F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

32

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM RWZRURZDQHM ]ã ]ã Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã ]DZLDV ZHUVMD EH]SU]\OJRZD VWU GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH ]ã ]ã GR PP GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU NODPNL VWU RSFMH ZHQW\ODFML VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<3(â1,(1,$ 30

:<326$į(1,( '2'$7.2:( 23&-(

PP

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

ÅSODVWHU PLRGXµ

58

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

VWU


%8(12

IRUQLURZDQH

%;

ODNLHU 89

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

VNU]\GãR SU]\OJRZH

:(56-$

:(56-$

397

737

:]RU\ IRUQLUyZ HJ]RW\F]Q\FK

.2/(.&-$ 9,

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈ SLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

'267Č31( 23&-(

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

=DZLDV EH]SU]\OJRZ\ UHJXORZDQ\ Z SãDV]F]\]QDFK NU\W\ W\S + ]H VWDãĈ RĤFLHİQLFĈ GUHZQLDQĈ

GRSãDWD 290 ]ã ]ã

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

GU]ZL SU]HVXZQH

SDWU] VWU

GU]ZL (, (, (, GU]ZL % &

GU]ZL 3(â1( 6=./21( R NODVLH RGSRUQRĤFL RJQLRZHM PLQ VWU

GU]ZL 3â$6.,( R RGSRUQRĤFL QD ZãDPDQLH NODV\ % L & VWU

59


$5*(17 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQLURZDQ\PL QDWXUDOQĈ RNOHLQĈ Z NRORU]H WHDN ELDã\ GĈE ZHQJH Z\SHãQLHQLH Sã\WĈ ZLyURZĈ RWZRURZDQĈ GRNRUDF\MQH OLVWZ\ DOXPLQLRZH

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL NRPSOHW VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH UHJX ORZDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK ² F]RSRZH ZNUč FDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM Z\SHãQLHQLH ] Sã\W\ ZLyURZHM SHãQHM ]ã ]ã WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]ã ]ã GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH VNUyFHQLH ]ã ]ã GR PP GUXJL GRGDWNRZ\ UDPLDN XPRİOLZLDMĈF\ VDPRG]LHOQH ]ã ]ã VNUyFHQLH GR PP

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ]ã ]ã ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNUDFDQLH UHDOL]RZDQH MHVW RG GROQHM NUDZčG]L VNU]\GãD Z]PRFQLHQLH SRG VDPR]DP\NDF] ]ã ]ã VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK ]ã ]ã RVãRQNL QD ]DZLDV\ VWU NODPNL VWU NUDWNL ZHQW\ODF\MQH ZHUVMD : : : QLH GRW\F]\ Å µ

VWU WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU RĤFLHİQLFH VWDãD OXE UHJXORZDQD

+10% +30%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU

RGOHJãRĤþ RG GROQHM NUDZčG]L VNU]\GãD EčG]LH LQQD QLİ SU]\ SR]RVWDã\FK OLVWZDFK DOXPLQLRZ\FK


$5*(17

IRUQLURZDQH

$*

ODNLHU 89

D5=:, 'ĭ:,Č.2,=2/$&<-1(

] RĤFLHİQLFĈ UHJXORZDQĈ PHWDORZĈ G% ] RĤFLHİQLFĈ GUHZQLDQĈ VWDãĈ G% ] RĤFLHİQLFĈ UHJXORZDQĈ ',1 G% Sã\WD SHãQD XV]F]HOND RSDGDMĈFD FHQD GU]ZL SHãQ\FK GRSãDWD 270

VNU]\GãR SU]\OJRZH

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

779

:<3(â1,(1,$ 32

PP

Sã\WD ZLyURZD RWZRURZDQD

Sã\WD ZLyURZD SHãQD

.2/25<67<.$ .2/(.&-$ 9,

2./(,1$ : .2/25<67<&( :(1*(

2./(,1$ : .2/25<67<&( %,$â< 'ć%

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

2./(,1$ : .2/25<67<&( 7($. 5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW /$ F

5: & &WU G% ZVSyãF]\QQLN L]RODF\MQRĤFL DNXVW\F]QHM ZãDĤFLZHM GOD GU]ZL R V]HURNRĤFL µ UDSRUW 15 /$ 5 1$

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 32/ 6.21( == ',1 =3 RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU


12%/( , 6.5=<'â$ :(:1ć75=/2.$/2:(

GRVWčSQH URG]DMH V]NãD

%,$â< 0$7

%5ć= 0$7

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM SDQHO IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP 2.8&,$ ]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ .UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPy ZLHQLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM PP QD NOXF] RĤFLHİQLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GROQHJR ]DZLDV\ Å µ Å µ Å µ Å µ V]W

SROHFDP\ NODPNL ] V]\OGHP G]LHORQ\P ² 1(5,6 ² 5 ,0$*( 2 ,12; (17(52 ]DZLDVX 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD SURSRUFML GROQHM F]čĤFL GU]ZL Z VWRVXQNX GR (175< 0< 75,1,7< 7(55< FDãRĤFL 6=./(1,( SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE HXURSHMVNL VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ NODPNL NUDWNL ZHQW\ODF\MQH WZRU]\ZRZH PHWDORZH GRW\F]\ RU]HFK FLHPQ\ RU]HFK VWU VWDQGDUGRZHM Z\VRNRĤFL VNU]\GãD

ELDã\ PDW WXOHMH ZHQW\ODF\MQH VWU ]ã ]ã ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGX V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU FHQD V]\E\ FHQW ]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR Z ZHUVML RĤFLHİQLFD EH]SU]\OJRZD 12%/( VWU EUĈ] PDW ]ã ]ã RĤFLHİQLFD VWDãD EH]SU]\OJRZD GUHZQLDQD ]ã ]ã FHQD V]\E\ :<0,$5< MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ VWU GZXVNU]\GãRZH

+20%


12%/( , ] ãĈF]QLNLHP DOXPLQLRZ\P

VNU]\GãR EH]SU]\OJRZH

:(56-$

:(56-$

IRUQLURZDQH

1.

:(56-$

:(56-$

:(56-$

:(56-$

ODNLHU 89

:(56-$

1432 1432 1432 1432 1432 1432 1432

.2/25<67<.$

5(752

.2/(.&-$ ,,,

GĈE HXURSHMVNL

KHEDQ

FLHPQ\ RU]HFK MDVQ\ RU]HFK UHWUR UHWUR

&(&+< 6=&=(*Ð/1(

=$:,$6 %(=35=</*2:< VWDQGDUG FKURP PDW RVãRQNL VWDQGDUG FKURP PDW RSFMD EUĈ] F]DUQH ]DPHN PDJQHW\F]Q\ Z NRORU]H FKURP VDW\QD

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\

SDQHO U\ÁRZDQ\ RUD] ãĈF]QLN DOXPLQLRZ\

2ĤFLHİQLFD VWDãD EH]SU]\OJRZD GUHZQLDQD FHQD 300 ]ã ]ã

'R PRGHOX 1REOH , SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =7 2. ] OLVWZDPL SãDVNLPL L =7 2. ] OLVWZDPL U\ÁRZDQ\PL VWU

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNRORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLD WãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LRQ\FK QDZHW NLONXZDUVWZRZR 3R ZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLHUHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGNDPL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ EH]SU]\OJRZHM 12%/(

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ EH]SU]\OJRZHM 12%/(

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 12%/( SDWU] VWU


12%/( ,, 6.5=<'â$ :(:1ć75=/2.$/2:(

GRVWčSQH URG]DMH V]NãD

%,$â< 0$7

%5ć= 0$7

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM SDQHO IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP 2.8&,$ ]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ .UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPy ZLHQLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM PP QD NOXF] RĤFLHİQLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GROQHJR ]DZLDV\ Å µ Å µ Å µ Å µ V]W

SROHFDP\ NODPNL ] V]\OGHP G]LHORQ\P ² 1(5,6 ² 5 ,0$*( 2 ,12; (17(52 ]DZLDVX 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD SURSRUFML GROQHM F]čĤFL GU]ZL Z VWRVXQNX GR (175< 0< 75,1,7< 7(55< FDãRĤFL 6=./(1,( SRGFLčFLH ZHQW\ODF\MQH ]ã ]ã VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE HXURSHMVNL NODPNL VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ NUDWNL ZHQW\ODF\MQH WZRU]\ZRZH PHWDORZH GRW\F]\ RU]HFK FLHPQ\ RU]HFK VWDQGDUGRZHM Z\VRNRĤFL VNU]\GãD

VWU ELDã\ PDW WXOHMH ZHQW\ODF\MQH ]ã ]ã V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU FHQD V]\E\ ]H Z]JOčGX QD EH]SLHF]HęVWZR Xİ\WNRZDQLD SURGXFHQW RĤFLHİQLFD EH]SU]\OJRZD 12%/( VWU ]DOHFD VWRVRZDQLH V]NãD KDUWRZDQHJR EUĈ] PDW RĤFLHİQLFD VWDãD EH]SU]\OJRZD GUHZQLDQD ]ã ]ã ]ã ]ã :<0,$5< FHQD V]\E\ MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ VWU GZXVNU]\GãRZH

+20%


12%/( ,,

VNU]\GãR EH]SU]\OJRZH

1&

IRUQLURZDQH

ODNLHU 89

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

1432

1432

1432

1432

1432

1432

1432

1432

1432

.2/25<67<.$

5(752

.2/(.&-$ ,,,

GĈE HXURSHMVNL

KHEDQ

FLHPQ\ RU]HFK MDVQ\ RU]HFK UHWUR UHWUR

&(&+< 6=&=(*Ð/1(

=$:,$6 %(=35=</*2:< VWDQGDUG FKURP PDW RVãRQNL VWDQGDUG FKURP PDW RSFMD EUĈ] F]DUQH ]DPHN PDJQHW\F]Q\ Z NRORU]H FKURP VDW\QD

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\

SDQHO U\ÁRZDQ\

2ĤFLHİQLFD VWDãD EH]SU]\OJRZD GUHZQLDQD FHQD 300 ]ã ]ã

'R PRGHOX 1REOH , SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =7 2. ] OLVWZDPL SãDVNLPL L =7 2. ] OLVWZDPL U\ÁRZDQ\PL VWU

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNRORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLD WãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LRQ\FK QDZHW NLONXZDUVWZRZR 3R ZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLHUHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGNDPL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ EH]SU]\OJRZHM 12%/(

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ EH]SU]\OJRZHM 12%/(

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 12%/( SDWU] VWU


3$662 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM V\VWHP EH]SU]\OJRZ\ IDEU\F]QH VNUyFHQLH GU]ZL GR PP UDPLDN ] NOHMRQNL GUHZQLDQHM REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQL .UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPy URZDQ\PL QDWXUDOQĈ RNOHLQĈ OXE SRNU\WH SRZLHU]FKQLĈ /$0,6721( ZLHQLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM RĤFLHİQLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GROQHJR 2.8&,$ ]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ ]DZLDVX 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD SURSRUFML GROQHM F]čĤFL GU]ZL Z VWRVXQNX GR PP QD NOXF] FDãRĤFL ]DZLDV\ Å µ Å µ Å µ Å µ V]W

SRGFLčFLH ZHQW\ODF\MQH EUDN PRİOLZRĤFL ]DVWRVRZDQLD ]ã ]ã 6=./(1,( NUDWHN ZHQW\ODF\MQ\FK

ZHUVMD NODPNL QD V]\OG]LH G]LHORQ\P VWU VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH OLPED GĈE HXUR WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU SHMVNL ELDã\ GĈE ]ãRW\ GĈE VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP RU]HFK FLHPQ\ RU]HFK FDSSXFFLQR PRNND WHDN F]DUQ\ GĈE RU]HFK RĤFLHİQLFD EH]SU]\OJRZD ),(67$ SUHPLXP ZHQJH :<0,$5< VWU ZHUVMD MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ VWDQGDUG V]NãR KDUWRZDQH ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH OLPED GZXVNU]\GãRZH GĈE HXURSHMVNL ELDã\ GĈE ]ãRW\ GĈE VWDQGDUG V]NãR KDUWRZDQH EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ RU]HFK FLHPQ\ RU]HFK FDSSXFFLQR PRNND WHDN F]DUQ\ GĈE RU]HFK SUHPLXP ZHQJH

+20%

]DPHN PDJQHW\F]Q\

V]HURNLH SDQHOH


3$662

PP

/$0,6721(

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1329

1329

1329

IRUQLURZDQH

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1535

1535

1535

/$0,6721(

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1329

1329

1329

1329

IRUQLURZDQH

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1535

1535

1535

1535 /$0,6721(

.2/25<67<.$

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

ELDã\ GĈE

]ãRW\ GĈE

F]DUQ\ GĈE

RU]HFK SUHPLXP

WHDN

ZHQJH

3RZLHU]FKQLD ] SRZãRNĈ ]DEH] SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF] Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\WHF]QRĤFL SXEOLF]QHM L VWRVR ZDQD Z ZDUXQNDFK LQWHQV\Z QHM HNVSORDWDFML VWRODUNL GU]ZLR ZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

IRUQLURZDQH

OLPED

5(752

GĈE HXURSHMVNL

KHEDQ

FLHPQ\ RU]HFK

FDSSXFLQR

PRNND

WHDN

MDVQ\ RU]HFK

/,0%$

.2/(.&-$ ,

.2/(.&-$ ,,,

.2/25<67<.$

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNRORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LD ãDQLH ĤZLDWãD RG ODNLHUyZ VWDQ GDUGRZ\FK NãDG]LRQ\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLHUHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGNDPL SU]H]QD F]RQ\PL GR WHJR FHOX

3U]\ ]ãRİHQLX ]DPyZLHQLD EH]Z]JOčGQLH QDOHİ\ SRGDþ NRG NRORUX = XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQWRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK

'HG\NRZDQ\ PRGHO NODPNL NODPND 3$662 V]\OG G]LHORQ\ VWU

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL GZXVNU]\GãRZ\FK VWU

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ),(67$ FHQ\ SU]HNURMH VFKHPDW\ SDWU] VWU


3$662 $OWR 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

:<326$į(1,( '2'$7.2:( 23&-(

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP .UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPyZLH QLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM RĤFLHİ 2.8&,$ +20% QLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GROQHJR ]DZLDVX ]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD PP QD NOXF] SURSRUFML GROQHM F]čĤFL GU]ZL Z VWRVXQNX GR FDãRĤFL ]DZLDV\ Å µ Å µ Å µ Å µ V]W

SRGFLčFLH ZHQW\ODF\MQH EUDN PRİOLZRĤFL ]DVWRVRZDQLD ]ã ]ã 6=./(1,( NUDWHN ZHQW\ODF\MQ\FK

ZHUVMD NODPNL QD V]\OG]LH G]LHORQ\P VWU VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH OLPED GĈE HXUR WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU SHMVNL ELDã\ GĈE ]ãRW\ GĈE V\VWHP SU]HVXZQ\ 3UHPLXP VWU VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ RU]HFK FLHPQ\ RU]HFK FDSSXFFLQR PRNND WHDN F]DUQ\ GĈE RU]HFK RĤFLHİQLFD EH]SU]\OJRZD ),(67$ :<0,$5< SUHPLXP ZHQJH VWU MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ ZHUVMD VWDQGDUG V]NãR KDUWRZDQH ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH OLPED GZXVNU]\GãRZH GĈE HXURSHMVNL ELDã\ GĈE ]ãRW\ GĈE VWDQGDUG V]NãR KDUWRZDQH EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH KHEDQ MDVQ\ RU]HFK FLHPQ\ RU]HFK FDSSXFFLQR PRNND WHDN F]DUQ\ GĈE RU]HFK SUHPLXP ZHQJH V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') IRUQL URZDQ\PL QDWXUDOQĈ RNOHLQĈ OXE SRNU\WH SRZLHU]FKQLĈ /$0,6721(

]DPHN PDJQHW\F]Q\

:\VRNRĤþ GU]ZL Z\QRVL 2283 mm.

V]HURNLH SDQHOH


3$662 Alto

3$

3$662

3$662 $OWR

PP

/$0,6721(

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

IRUQLURZDQH

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1844

1844

1844

1844

/$0,6721(

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

IRUQLURZDQH

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1844

1844

1844

1844

1844 /$0,6721(

.2/25<67<.$

'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã RĤFLHİQLF

ELDã\ GĈE

]ãRW\ GĈE

F]DUQ\ GĈE

RU]HFK SUHPLXP

WHDN

ZHQJH

3RZLHU]FKQLD ] SRZãRNĈ ]DEH] SLHF]DMĈFĈ SU]HG Z\FLHUDQLHP L G]LDãDQLHP ĤURGNyZ FKHPLF] Q\FK 3ROHFDQD GR EXG\QNyZ Xİ\WHF]QRĤFL SXEOLF]QHM L VWRVR ZDQD Z ZDUXQNDFK LQWHQV\Z QHM HNVSORDWDFML VWRODUNL GU]ZLR ZHM QS KRWHOH ELXUD 63$ Sã\ZDOQLH

IRUQLURZDQH

OLPED

5(752

GĈE HXURSHMVNL

KHEDQ

FLHPQ\ RU]HFK

FDSSXFLQR

PRNND

WHDN

MDVQ\ RU]HFK

/,0%$

.2/(.&-$ ,

.2/(.&-$ ,,,

.2/25<67<.$

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNRORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LD ãDQLH ĤZLDWãD RG ODNLHUyZ VWDQ GDUGRZ\FK NãDG]LRQ\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLHUHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGNDPL SU]H]QD F]RQ\PL GR WHJR FHOX

3U]\ ]ãRİHQLX ]DPyZLHQLD EH]Z]JOčGQLH QDOHİ\ SRGDþ NRG NRORUX = XZDJL QD MDNRĤþ GUXNX ZLHONRQDNãDGRZHJR SUH]HQWRZDQH NRORU\ PRJĈ VLč UyİQLþ RG U]HF]\ZLVW\FK

'HG\NRZDQ\ PRGHO NODPNL NODPND 3$662 V]\OG G]LHORQ\ VWU

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL MHGQRVNU]\GãRZ\FK VWU

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL GZXVNU]\GãRZ\FK VWU

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ),(67$ FHQ\ SU]HNURMH VFKHPDW\ SDWU] VWU


&$/<362 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

2.8&,$

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ PP QD NOXF] ]DZLDV\ Å µ Å µ Å µ Å µ V]W

6=./(1,(

ZHUVMD VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE QDWXUDOQ\ VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH RU]HFK ĤUHGQL RU]HFK F]DUQ\

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP W\ONR RG GRãX

.UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPy ZLHQLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM RĤFLHİQLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GRO QHJR ]DZLDVX 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD SURSRUFML GROQHM F]čĤFL GU]ZL Z VWR VXQNX GR FDãRĤFL SRGFLčFLH ZHQW\ODF\MQH EUDN PRİOLZRĤFL ]DVWRVR ]ã ]ã ZDQLD NUDWHN ZHQW\ODF\MQ\FK

NODPNL QD V]\OG]LH G]LHORQ\P VWU WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UH VWU PLXP RĤFLHİQLFD EH]SU]\OJRZD ),(67$

]DPHN PDJQHW\F]Q\

JãčERND VWUXNWXUD GUHZQD

V]HURNLH RSDVNL

]DZLDV EH]SU]\OJRZ\

+20%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

70

VWU


&$/<362

IRUQLURZDQH

&&

IRUQLURZDQH

:(56-$

:(56-$

:(56-$

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1535

1535

1535

1535

1535

.2/(.&-$ 9

.2/25<67<.$

GĈE QDWXUDOQ\

RU]HFK ĤUHGQL

RU]HFK F]DUQ\

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH 3U]\ ]ãRİHQLX ]DPyZLHQLD EH]Z]JOčGQLH QDOHİ\ SRGDþ NRG NRORUX

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

'HG\NRZDQ\ PRGHO NODPNL NODPND &$/<362 V]\OG G]LHORQ\ VWU

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL MHGQRVNU]\GãRZ\FK VWU

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL GZXVNU]\GãRZ\FK VWU

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ),(67$ FHQ\ SU]HNURMH VFKHPDW\ SDWU] VWU

71


6$%,$ 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

2.8&,$

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ PP QD NOXF] ]DZLDV\ Å µ Å µ Å µ Å µ V]W

6=./(1,(

ZHUVMD VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE QDWXUDOQ\ VWDQGDUG V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH RU]HFK ĤUHGQL RU]HFK F]DUQ\

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP .UyWV]H VNU]\GãR L RĤFLHİQLFD ² EUDN PRİOLZRĤFL ]DPy ZLHQLD Z\ãĈF]QLH NUyWV]HJR VNU]\GãD L VWDQGDUGRZHM RĤFLHİQLF\ ]H Z]JOčGX QD VSRVyE PRFRZDQLD GRO QHJR ]DZLDVX 'U]ZL QLİV]H VĈ ]PQLHMV]RQH VNUDFDQH RG GRãX ² ]PLDQD SURSRUFML GROQHM F]čĤFL GU]ZL Z VWR VXQNX GR FDãRĤFL SRGFLčFLH ZHQW\ODF\MQH EUDN PRİOLZRĤFL ]DVWRVR ]ã ]ã ZDQLD NUDWHN ZHQW\ODF\MQ\FK

NODPNL QD V]\OG]LH G]LHORQ\P VWU WXOHMH ZHQW\ODF\MQH 7. 71 71

VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UH VWU PLXP RĤFLHİQLFD EH]SU]\OJRZD ),(67$

]DPHN PDJQHW\F]Q\

JãčERND VWUXNWXUD GUHZQD

V]HURNLH RSDVNL

]DZLDV EH]SU]\OJRZ\

+20%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

72

VWU


6$%,$

IRUQLURZDQH

6%

IRUQLURZDQH

:(56-$

:(56-$

VNU]\GãR EH]SU]\OJRZH

1535

1535

.2/(.&-$ 9

.2/25<67<.$

GĈE QDWXUDOQ\

RU]HFK ĤUHGQL

RU]HFK F]DUQ\

=H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH 3U]\ ]ãRİHQLX ]DPyZLHQLD EH]Z]JOčGQLH QDOHİ\ SRGDþ NRG NRORUX

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

'HG\NRZDQ\ PRGHO NODPNL NODPND 6$%,$ V]\OG G]LHORQ\ VWU

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL MHGQRVNU]\GãRZ\FK VWU

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL GZXVNU]\GãRZ\FK VWU

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ),(67$ FHQ\ SU]HNURMH VFKHPDW\ SDWU] VWU

73


)250 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN ] NOHMRQNL GčERZHM SDQHO IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GčERZĈ

35=(.5Ð- '5=:, )250

2.8&,$

]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ UR]VWDZ PP QD NOXF] ]DZLDV\ GU]ZL NRPSOHW VNU]\GãR RĤFLHİQLFD ² F]RSRZH ZNUčFDQH UHJXOR ZDQH VNU]\GãD GR VWDQGDUGRZ\FK IXWU\Q PHWDORZ\FK ² F]RSRZH ZNUčFDQH Å µ Å µ Å µ ² V]W Å µ ² V]W

6=./(1,(

'8į$ 6=<%$ 6=<%< 6=<%< VWDQGDUG V]NãR EH]SLHF]QH PDWRZH R JUXERĤFL PP V]SURV\ GčERZH 6\VWHP 32/ 6.21( %8/$- %5 V]NãR /$.20$7 R JUXERĤFL PP

SDQHO IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GĈE RĤFLHİQLFD GUHZQLDQD IRUQLURZDQD QDWXUDOQĈ RNOHLQĈ GĈE

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM WU]HFL ]DZLDV Z VNU]\GOH Å µ Å µ Å µ

]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LDãDQLHP ZLO JRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ODF\MQ\P

IDEU\F]QH VNUyFHQLH GU]ZL GR PP VNU]\GãR R QLHW\SRZHM JãčERNRĤFL ZUčEX PLQ PP SRGFLčFLH ZHQW\ODF\MQH SUyJ GčERZ\ ODNLHURZDQ\ GR GU]ZL MHGQRVNU]\GãRZ\FK RVãRQNL QD ]DZLDV\ V]NOHQLH RSFMRQDOQH NODPNL NUDWNL ZHQW\ODF\MQH VWDQGDUGRZD Z\VRNRĤþ VNU]\GãD QLH GRW\F]\ Å µ

WXOHMH ZHQW\ODF\MQH V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP RĤFLHİQLFH VWDãD OXE UHJXORZDQD

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

74

]ã ]ã ]ã ]ã

+10% +30%

]ã ]ã ]ã ]ã VWU VWU VWU VWU VWU VWU

UDPLDN GčERZ\ IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ GĈE


)250

)0 )0

0$6<: 'Č%2:<

)0 0%

)0 '%

ODNLHU 89

)0 %%

3(â1(

%8/$-

%8/$-

%8/$-

1287

1450

1504

)0 '

)0 6

)0 6

VNU]\GãR SU]\OJRZH

IRUQLURZDQH

SURÀO UDPNL )250

'8į$ 6=<%$

6=<%<

6=<%<

1243

1330

1330

VNU]\GãR SU]\OJRZH

KHEDQ

FLHPQ\ RU]HFK UHWUR

MDVQ\ RU]HFK UHWUR

5(752

.2/(.&-$ ,,,

.2/25<67<.$

GĈE HXURSHMVNL

= H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL 5]HF]\ZLVWH NRORU\ IRUQLUyZ PRJĈ VLč UyİQLþ RG ]DPLHV]F]RQ\FK Z RIHUFLH

%8/$-

ZLGRN RG VWURQ\ ]DZLDVyZ

PRİOLZRĤþ ]DVWRVRZDQLD EXODMD GR GU]ZL SHãQ\FK EXODM PP JUXERĤþ PP

NRORU VWDO QLHUG]HZQD PP PP

%5

%8/$-

ZLGRN RG VWURQ\ ]DZLDVyZ

EXODM PP JUXERĤþ PP

EXODM PP JUXERĤþ PP

:\VWčSXMH Z NRORU\VW\FH VWDO QLHUG]HZQD PDW

FKURP PRVLĈG] V]NãR ODNRPDW

NRORU VWDO QLHUG]HZQD PP

lakier UV 'U]ZL IRUQLURZDQH 32/ 6.21( SRNU\WH VĈ HNR ORJLF]Q\P ODNLHUHP 89 0D RQ ]GHF\GRZDQLH ZLčNV]Ĉ RGSRUQRĤþ QD ]DU\VRZDQLD L G]LDãDQLH ĤZLDWãD RG ODNLHUyZ VWDQGDUGRZ\FK NãDG]LR Q\FK QDZHW NLONXZDUVWZRZR 3RZLHU]FKQLD Z\NRęF]RQD QDWXUDOQĈ RNOHLQĈ SRNU\WD ODNLH UHP 89 SRZLQQD E\þ SLHOčJQRZDQD ĤURGND PL SU]H]QDF]RQ\PL GR WHJR FHOX &HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ VWDãHM OXE UHJXORZDQHM GR GU]ZL SU]\OJRZ\FK GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH 5(752 =5 0RGHO =0 32/ 6.21( == ',1 =3 4 6<67(0 =- RUD] VWDãĈ GUHZQLDQĈ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

75


/ 352-(.7 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') SRNU\W\ SRZLHU]FKQLĈ ODPLQRZDQĈ +3/ Z\SHãQLHQLH Sã\WD ZLyURZD RWZR URZDQD 6 Sã\WD ZLyURZD SHãQD Z]yU 6 6 NUDZčGĮ VNU]\GãD ]DEH]SLH F]RQD REU]HİHP DOXPLQLRZ\P NRORU DQRGD V]F]RWNRZDQD OXE REU]HİHP ] RNOHLQ\ QDWXUDOQHM GĈE

2.8&,$

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ PP QD NOXF] ]DZLDV\ EH]SU]\OJRZH UHJXORZDQH NU\WH Å µ V]W L Å µ V]W

2ģ&,(į1,&$

ODPLQDW V]DU\ &3/ NUDZčGĮ VNU]\GãD ]DEH]SLHF]RQD REU]HİHP DOX PLQLRZ\P RNOHLQD QDWXUDOQD GĈE NUDZčGĮ VNU]\GãD ]DEH]SLHF]RQD REU]HİHP ] RNOHLQ\ QDWXUDOQHM GĈE

6=./(1,(

VWDQGDUG V]NãR ELDã\ PDW R JUXERĤFL PP UDPND DOXPLQLRZD

:<326$į(1,( '2'$7.2:( 23&-(

netto EUXWWR

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX

EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM IDEU\F]QH VNUyFHQLH GU]ZL GR PP NODPND QD V]\OG]LH G]LHORQ\P VWU WXOHMH ZHQW\ODF\MQH NUDWNL ZHQW\ODF\MQH VWU SRGFLčFLH ZHQW\ODF\MQH ]DEH]SLHF]HQLH GROQHJR UDPLDND SU]HG QDGPLHUQ\P G]LD ãDQLHP ZLOJRFL QLH GRW\F]\ VNU]\GHã ] SRGFLčFLHP ZHQW\ ]ã ]ã ODF\MQ\P

V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ VWU

+20%

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ GZXVNU]\GãRZH NUDZčG]LH VNU]\GHã Z\NRęF]RQH QDWXUDOQĈ RNOHLQĈ GčERZĈ

RSFMD SHãQD GRVWDZND Å µ FHQD VNU]\GãD SHãQHJR ² LORĤþ ]DZLDVyZ OXE V]WXNL MDN Z VNU]\GOH JãyZQ\P

SRãĈF]HQLH VNU]\GHã QD SU]HIHOF

VWU


/ 352-(.7

VNU]\GãR EH]SU]\OJRZH :HUVMD SRGVWDZRZD VNU]\GãR NRORU ODPLQDW &3/ V]DU\

/3 6

6

6

6

S4

S5

S6

:=Ð5 6

:=Ð5 6

:=Ð5 6

:=Ð5 6

:=Ð5 6

:=Ð5 6

:=Ð5 6

900 900 900 900 900 900 900 23&-( .2/25<67<&=1( '23â$7$ '2 :(56-, 32'67$:2:(-

.RORU / 3 0

.RORU / 3 0

.RORU / 3 * . $5 SRã\VN .RORU / 3 6 . VWUXNWXUD

3500 3500 3500 3500 3500 3500 3500 2500 2500 2500 2500 2500 2500 2500 1000 1000 1000 1000 1000 1000 1000

.RORU / 3 * ) SRã\VN

1000 1000 1000 1000 1000 1000 1000 2500 2500 2500 2500 2500 2500 2500 900 900 900 900 900 900 900

.RORU / 3 6 ) VWUXNWXUD

900 900 900 900 900 900 900

.RORU / 3 6 ) VWUXNWXUD

900 900 900 900 900 900 900

.RORU / 3 6 ) VWUXNWXUD

900 900 900 900 900 900 900

.RORU / 3 * +: SRã\VN

.RORU / 3

.RORU / 3 6 $- VWUXNWXUD

1900 1900 1900 1900 1900 1900 1900

.RORU / 3 6 $- VWUXNWXUD

1900 1900 1900 1900 1900 1900 1900

.RORU / 3 3,

.RORU / 3

3000 3000 3000 3000 3000 3000 3000

.RORU / 3

3000 3000 3000 3000 3000 3000 3000

.RORU / 3 0

23&-( .2/25<67<&=1( 0

0

.

. $5

0

)

)

)

)

/ 3

/ 3

/ 3 6

/ 3 *

/ 3

/ 3 6

/ 3 *

/ 3 6

/ 3 6

+:

$-

$-

3,

/ 3 *

/ 3

/ 3 6

/ 3 6

/ 3

2SFMRQDOQLH LQQH NRORU\ ODPLQDWyZ +3/ NRQVXOWDFMD ] G]LDãHP KDQGORZ\P 32/ 6.21(

&(1$ .203/(78 &(1$ 6.5=<'â$ 32'67$:2:$ 2ģ&,(į1,&$ VWU OXE

&(1$ 6.5=<'â$ 32'67$:2:$ '23â$7$ '2 23&-, .2/25<67<&=1(- 2ģ&,(į1,&$ VWU

/ 3

/ 3

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD ZHUVML SRGVWDZRZHM GRSãDWD ZJ WDEHOL NRORU\VW\F]QHM FHQD RĤFLHİQLF\ UHJXORZDQHM / 352-(.7 GR GU]ZL MHGQRVNU]\GãRZ\FK

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD GRSãDWD ZJ WDEHOL NRORU\VW\F]QHM FHQD RĤFLHİQLF\ UHJXORZDQHM / 352-(.7 GR GU]ZL GZXVNU]\GãRZ\FK

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFč UHJXORZDQĈ / 352-(.7 FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

ODPLQDW &3/ ZHUVMD SRGVWDZRZD V]DU\ &HQ\ ]ã 1(772 EUXWWR 9$7

77


9(572 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP EH]SU]\OJRZ\ UDPLDN ] NOHMRQNL GUHZQLDQHM IRUQLURZDQ\ QDWXUDOQĈ RNOHLQĈ OXE SRNU\W\ SRZLHU]FKQLĈ /$0,6721( 6,/.6721(

2.8&,$

]DPHN PDJQHW\F]Q\ ZSXV]F]DQ\ :. :& UR]VWDZ PP :% UR]VWDZ PP QD NOXF] ]DZLDV\ Å µ Å µ Å µ Å µ V]W

6=./(1,(

V]NãR KDUWRZDQH Z NRORU]H ELDã\P OXE EUĈ]RZ\P R JUXERĤFL PP VWURQD JãDGND RG VWURQ\ ]DZLDVyZ RUQDPHQW RG VWURQ\ SU]HFLZQHM GR ]DZLDVyZ

:<326$į(1,( '2'$7.2:( 23&-(

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR EH] GRSãDW\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQNRZHM ]ã ]ã SRGFLčFLH ZHQW\ODF\MQH W\ONR WDÁH , 9,

NODPNL QD V]\OG]LH G]LHORQ\P VWU V\VWHP SU]HVXZQ\ GR ]DEXGRZ\ QDĤFLHQQ\ 3UHPLXP VWU GRGDWNRZ\ HOHPHQW R]GREQ\ GR VNU]\GHã 9(572 ² GRGDWNRZH OLVWZ\ Z NRORU]H DOXPLQLXP QD NDİGĈ ]ã ]ã VWURQč PRQWRZDQH QD UDPLDNX SLRQRZ\P SU]\ V]\ELH RĤFLHİQLFD EH]SU]\OJRZD ),(67$

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH

VWU

0RGHO 9(572 W\ONR Z Z\PLDUDFK NDWDORJRZ\FK %5$. 02į/,:2ģ&, 32'&,Č&,$ :(17</$&<-1(*2 Z]yU ; ;,;

78


9(572

97 ,

6,/.6721(

7$)/$ 6=./$1$ ,

/$0,6721(

,,

,,,

,9

9

7$)/$ 6=./$1$ ,,

7$)/$ 6=./$1$ ,,,

7$)/$ 6=./$1$ ,9

9,

7$)/$ 6=./$1$ 9

7$)/$ 6=./$1$ 9,

VNU]\GãR EH]SU]\OJRZH

1329

1123

IRUQLURZDQH

7$)/$ 6=./$1$ ,

7$)/$ 6=./$1$ ,,

7$)/$ 6=./$1$ ,,,

7$)/$ 6=./$1$ ,9

7$)/$ 6=./$1$ 9

7$)/$ 6=./$1$ 9,

VNU]\GãR EH]SU]\OJRZH

1329

1535

1329

1329

1329

1329

;

;,

;,,

;,,,

;,9

V\VWHP SU]HVXZQ\

VSHFMDOQ\ DOXPL QLRZ\ HOHPHQW Z V\VWHPLH SU]HVXZQ\P

;9

;9,

;9,,

;9,,,

;,;

SRGFLčFLH ZHQW\ODF\MQH W\ONR WDÁH , 9,

GRSãDWD 150 ]ã ]ã

6=./(1,( ELDã\ EUĈ]

6,/.6721( /$0,6721( VNU]\GãR EH]SU]\OJRZH )251,52:$1( VNU]\GãR EH]SU]\OJRZH

%,5$,1

&5266(' )8==<

%/85

%,/$85(/

75((

'5236

:(56-$ ;

:(56-$ ;,

:(56-$ ;,,

:(56-$ ;,,,

:(56-$ ;,9

:(56-$ ;9

0(5/(772

SU]H]URF]\VWH

:(56-$ ;9,

0(5/(772 67$&&$772 VDW\QD

:(56-$ ;9,,

:(56-$ ;9,,,

:((' :(56-$ ;,;

1290 1290 1290 1290 1290 1290 1290 1290 1290 1290 :(56-$ ;

:(56-$ ;,

:(56-$ ;,,

:(56-$ ;,,,

:(56-$ ;,9

:(56-$ ;9

:(56-$ ;9,

:(56-$ ;9,,

:(56-$ ;9,,,

:(56-$ ;,;

1490 1490 1490 1490 1490 1490 1490 1490 1490 1490

.RORU\VW\ND /$0,6721( ELDã\ GĈE ]ãRW\ GĈE F]DUQ\ GĈE RU]HFK SUHPLXP WHDN ZHQJH

.RORU\VW\ND 6,/.6721( GĈE SROVNL NDV]WDQ DQW\F]Q\ RU]HFK DQW\F]Q\ GĈE 5R\DO RU]HFK 5R\DO NDV]WDQ 5R\DO DQWUDF\W 5R\DO MHVLRQ 5R\DO PHUEDX 5R\DO

.RORU\VW\ND IRUQLURZDQH OLPED GĈE HXURSHMVNL KHEDQ FLHPQ\ RU]HFK MDVQ\ RU]HFK FDSSXFLQR PRNND WHDN

0RİOLZD UyİQLFD Z RGFLHQLDFK QD VNU]\GãDFK RĤFLHİQLFDFK

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã L RĤFLHİQLF =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

&HQ\ ]ã 1(772 EUXWWR 9$7

GU]ZL MHGQRVNU]\GãRZH

FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL MHGQRVNU]\GãRZ\FK VWU

GU]ZL GZXVNU]\GãRZH

[ FHQD VNU]\GãD FHQD RĤFLHİQLF\ UHJXORZDQHM EH]SU]\OJRZHM ),(67$ GR GU]ZL GZXVNU]\GãRZ\FK VWU

GU]ZL SU]HVXZQH

SDWU] VWU

RĤFLHİQLFH

SROHFDP\ RĤFLHİQLFH UHJXORZDQH ),(67$ FHQ\ SU]HNURMH VFKHPDW\ ² SDWU] VWU

79


6=./(1,(

7$)/$ 6=./$1$ , VDW\QD

7$)/$ 6=./$1$ ,,

7$)/$ 6=./$1$ ,,,

7$)/$ 6=./$1$ ,9

7$)/$ 6=./$1$ 9

7$)/$ 6=./$1$ 9,

;

%,5$,1

;,

;9

'5236

;9,

&5266(' )8==<

0(5/(772 SU]H]URF]\VWH

;,,

;9,,

%/85

0(5/(772 VDW\QD

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH 'RSXV]F]DOQD UyİQLFD Z RGFLHQLX VNU]\GHã L RĤFLHİQLF =H Z]JOčGX QD QDWXUDOQ\ FKDUDNWHU IRUQLUyZ LVWQLHMH PRİOLZRĤþ Z\VWĈSLHQLD UyİQ\FK LFK RGFLHQL

80

;,,,

;9,,,

%,/$85(/

;,9

75((

67$&&$772

;,;

:(('


/80(1 6.5=<'â$ :(:1ć75=/2.$/2:(

23,6 7(&+1,&=1< 2ģ&,(į1,&$

UHJXORZDQD V\VWHP /80(1 Z\VWčSXMĈFD Z NRORU\VW\FH (&2 723 723 5(6,67 /$0,6721( 6,/.6721( *5$9,6721( PDORZDQH ODPLQRZDQH L IRUQLURZDQH

2.8&,$

'250$ 6WXGLR $UFRV PDã\ ]DPHN QD ZNãDGNč RUD] GR EORNDG\ ãD]LHQ NRZHM

6=./(1,(

V]NãR KDUWRZDQH Z NRORU]H ELDã\P OXE EUĈ]RZ\P R JUXERĤFL PP VWURQD JãDGND RG VWURQ\ ]DZLDVyZ RUQDPHQW RG VWURQ\ SU]HFLZQHM GR ]DZLDVyZ

:<326$į(1,( '2'$7.2:( 23&-(

GRSãDWD GR FHQ\ Z\EUDQHJR PRGHOX netto EUXWWR

SRGFLčFLH ZHQW\ODF\MQH W\ONR WDÁH , ,;

RĤFLHİQLFD UHJXORZDQD /80(1

:<0,$5<

]ã ]ã VWU

SRGFLčFLH ZHQW\ODF\MQH GRSãDWD ]ã ]ã

MHGQRVNU]\GãRZH Å µ QLH GRW\F]\ WDÁL ; ;,; Å µ Å µ Å µ VNU]\GãR /80(1 NRPSOHWXMH VLč ] RĤFLHİQLFĈ UHJXORZDQĈ /80(1 0RGHO /80(1 W\ONR Z Z\PLDUDFK NDWDORJRZ\FK %5$. 02į/,:2ģ&, 32'&,Č&,$ :(17</$&<-1(*2 Z]yU ; ;,;

&HQ\ ]ã 1(772 EUXWWR 9$7

81


/80(1

/8

,

6=./(1,(

ELDã\ EUĈ]

,,

7$)/$ 6=./$1$ ,

,9

9

9,

9,,

9,,,

,;

7$)/$ 6=./$1$ ,, 7$)/$ 6=./$1$ ,,, 7$)/$ 6=./$1$ ,9 7$)/$ 6=./$1$ 9 7$)/$ 6=./$1$ 9, 7$)/$ 6=./$1$ 9,, 7$)/$ 6=./$1$ 9,,, 7$)/$ 6=./$1$ ,;

1020

;

,,,

;,

855

855

855

;,,

855

;,,,

1298

855

;,9

2.8&,$ '250$ '2 '5=:, 6=./$1<&+

;9

;9,

;9,,

;9,,,

;,;

$OXPLQLXP (9 'HFR

$OXPLQLXP SRã\VN

$OXPLQLXP PRVLĈG] (9

$OXPLQLXP VWDO QLHUG]HZQD

6=./(1,( ELDã\ EUĈ]

%,5$,1 6=./(1,( ELDã\ EUĈ]

7$)/$ 6=./$1$ ;

&5266(' )8==< 7$)/$ 6=./$1$ ;,

%/85

%,/$85(/

75((

'5236

7$)/$ 6=./$1$ ;,,

7$)/$ 6=./$1$ ;,,,

7$)/$ 6=./$1$ ;,9

7$)/$ 6=./$1$ ;9

0(5/(772 0(5/(772 67$&&$772 :((' SU]H]URF]\VWH VDW\QD 7$)/$ 7$)/$ 7$)/$ 7$)/$ 6=./$1$ ;9, 6=./$1$ ;9,, 6=./$1$ ;9,,, 6=./$1$ ;,;

2300 2300 2300 2300 2300 2300 2300 2300 2300 2300

2.8&,$ '250$

DOXPLQLXP (9 'HFR

DOXPLQLXP SRã\VN

DOXPLQLXP PRVLĈG] (9

DOXPLQLXP VWDO QLHUG]HZQD

NODPND PDã\ ]DPHN ]DZLDV\

789

899

979

979

NODPND ZE ]DZLDV\

789

899

979

979

NODPND ZF ]DZLDV\

949

1099

1190

1190

82

&(1$ .203/(78 &(1$ 7$)/, 6=./$1(- &(1$ 2.8&,$ &(1$ 2ģ&,(į1,&< 5(*8/2:$1(- /80(1 =/


2ģ&,(į1,&$ 5(*8/2:$1$ /80(1

6=./(1,(

'2 '5=:, 6=./$1<&+

7$)/$ 6=./$1$ , VDW\QD

7$)/$ 6=./$1$ ,,

RSDVND NĈWRZD

PP

RĤFLHİQLFD ] 0')

XV]F]HOND

7$)/$ 6=./$1$ ,,,

7$)/$ 6=./$1$ ,9

6V 6G 6R 6RS

GU]ZL MHGQRVNU]\GãRZH VWURQD JãDGND RG VWURQ\ ]DZLDVRZHM

7$)/$ 6=./$1$ 9

7$)/$ 6=./$1$ 9,

V]HURNRĤþ W\S

6R

6G

6V

6RS

Å µ 6V +V Z\PLDU\ VNU]\GãD 6G +G Z\PLDU\ GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ Å µ 6R +R SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ Å µ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL Å µ

676

646

746

776

746

846

876

846

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

7$)/$ 6=./$1$ 9,,

VWRSLHę /80(1 UHJXODFML PP

7$)/$ 6=./$1$ 9,,,

IROLD ELDãD GR GU]ZL PDORZDQ\FK

Z\VRNRĤþ +R +G +V

IROLD GUHZ /$0,6721( QRSRGREQD 6,/.6721( 723 5(6,67

IROLD ELDãD 723 5(6,67

(&2 723

225

225

5(752 /,0%$ IRUQLURZDQH 7$1*$1,.$ *5$9,6721( NROHNFMH 6$+$5$ , ,, ,,, .21*2 ODPLQDW GUHZQRSR $5*(17 GREQ\

7$)/$ 6=./$1$ ,;

;

%,5$,1

;,,,

;9,

;, &5266(' )8==<

%,/$85(/

;,9

0(5/(772

;9,,

SU]H]URF]\VWH

75((

0(5/(772

VDW\QD

;,,

;9

%/85

'5236

;9,,, 67$&&$772

;,;

=/

=/

=/

=/

=/

=/

=/

=/

=/

=/

=/

234

241

247

273

284

292

303

317

234

241

247

273

284

292

303

317

233

241

247

272

282

291

302

311

374

398

410

422

437

454

485

499

523

431

445

458

472

504

521

541

559

:(('

5]HF]\ZLVWH NRORU\ PRJĈ UyİQLþ VLč RG ]DPLHV]F]RQ\FK Z RIHUFLH

&HQ\ ]ã 1(772 EUXWWR 9$7

83


6<67(0 35=</*2:<

6.â$'$1( '5=:, :(:1ć75=/2.$/2:(

VNãDGDQH

'5=:, ':86.5=<'â2:(

'5=:, -('126.5=<'â2:( 'U]ZL OHZH

'U]ZL SUDZH

6.â$'$1(

ODPLQRZDQH

(&2 723

/$0,6721(

723 5(6,67

6,/.6721(

32-('<1&=(

1

ý 2:2ģ

'

3(â1(

'8į$ 6=<%$ 32':Ð-1(

'

23,6 7(&+1,&=1< .216758.&-$ 6.5=<'â$

V\VWHP SU]\OJRZ\ UDPLDN GUHZQLDQ\ REãRİRQ\ GZLHPD JãDGNLPL Sã\WDPL +') ODPLQRZDQ\PL IRUQLURZDQ\PL Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ RSFMRQDOQLH Sã\WD ZLyURZD SHãQD OXE RWZRUR ZDQD EUDN SURJX

2.8&,$

SURZDGQLFD L ]DZLDV\ NU\WH Z VNU]\GOH RUD] ]DZLDV\ F]RSRZH ZNUčFDQH UHJXORZDQH ]DPHN MHGQRSXQNWRZ\ ZSXV]F]DQ\ KDNRZ\ :% W\ONR GU]ZL MHGQRVNU]\ GãRZH ]ã ]ã

3(â1(

'8į$ 6=<%$

6=./(1,(

'8į$ 6=<%$ 6WDQGDUG VNU]\GãD ODPLQRZDQH L IRUQLURZDQH ² V]NãR RUQDPHQWRZH RUQD PHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP VNU]\GãD R SRZLHU]FKQL (&2 723 723 5(6,67 V]NãR RUQDPHQWRZH SRLQW 6 R JUXERĤFL PP 5(752 /,0%$ V]NãR RUQDPHQWRZH RUQDPHQW NXUD EUĈ] R JUXERĤFL PP VNU]\GãD Z Z\NRęF]HQLX /$0,6721( 6,/.6721( V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH ELDã\ GĈE ]ãRW\ GĈE VRVQD SDW\QD VRVQD VHSLD JUXV]D MDEãRę V]DIUDQ GĈE 5R\DO GĈE SROVNL RU]HFK DQW\F]Q\ MHVLRQ 5R\DO V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH F]DUQ\ GĈE RU]HFK 3UHPLXP WHDN ZHQJH VOLZD F\QDPRQ LPELU RU]HFK 5R\DO NDV]WDQ 5R\DO NDV]WDQ DQW\F]Q\ PHUEDX 5R\DO V]NãR JUDÀW VDW\QD R JUXERĤFL PP Z NRORU\VW\FH DQWUDF\W 52<$/ .2/(.&-$ 9 ² V]NãR ELDã\ PDW R JUXERĤFL PP Z NRORU\VW\FH GĈE QDWX UDOQ\ V]NãR EUĈ] PDW R JUXERĤFL PP Z NRORU\VW\FH RU]HFK ĤUHGQL RU]HFK F]DUQ\ RSFMD LQQH URG]DMH V]NãD VWU

:<326$į(1,( '2'$7.2:( 23&-(

WXOHMH ZHQW\ODF\MQH :<0,$5<

VWU

MHGQRVNU]\GãRZH L GZXVNU]\GãRZH ] RĤFLHİQLFĈ VWDãĈ GUHZQLDQĈ QLH GRW\F]\ ODPLQDWyZ &3/ L VWDãĈ ] 0') UHJXORZDQĈ GUHZQLDQĈ == =0 =5 UHJXOR ZDQĈ V\VWHP ',1 6WDQGDUGRZR GU]ZL VNãDGDQH VĈ Z\SRVDİRQH Z XFKZ\W RNUĈJã\ SODVWLNRZ\ RSFMRQDOQH XFKZ\W\ GR VNU]\GHã VNãDGDQ\FK ² VWU

84

'RSXV]F]DOQD UyİQLFD Z RGFLHQLDFK QD VNU]\GãDFK RĤFLHİQLFDFK RUD] UDPNDFK

:<3(â1,(1,$ 30

ÅSODVWHU PLRGXµ

32

Sã\WD ZLyURZD RWZRURZDQD

33

Sã\WD ZLyURZD SHãQD


6.â$'$1( Z\PLDU\

RĤFLHİQLFD VWDãD ] 0')

RĤFLHİQLFD VWDãD V\VWHP 3RO 6NRQH

2ĤFLHİQLFD VWDãD 0') V]HURNRĤþ 6G 6R

W\S Ã… µ

2ĤFLHİQLFD VWDãD 32/ 6.21( 6RS

W\S Ã… µ

V]HURNRĤþ 6G

6R

Ã… µ

Ã… µ

Ã… µ

Ã… µ

Ã… µ

Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Z\VRNRĤþ +R +G

RĤFLHİQLFD UHJXORZDQD V\VWHP ',1

Z\VRNRĤþ +R +G

RĤFLHİQLFD UHJXORZDQD V\VWHP 3RO 6NRQH

2ĤFLHÄ°QLFD UHJXORZDQD ',1 W\S Ã… µ

V]HURNRĤþ 6G

6R

2ĤFLHİQLFD UHJXORZDQD 32/ 6.21(

6RS

V]HURNRĤþ 6G

6R

646

676

746

W\S Ã… µ

Ã… µ

746

776

846

Ã… µ

Ã… µ

846

876

Ã… µ

Ã… µ

Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Ã… µ Ã… µ

Z\VRNRĤþ +R +G

6RS

Z\VRNRĤþ +R +G 6S

8:$*$ .RQLHF]QRĤþ SU]\JRWRZDQLD Z\İV]HJR RWZRUX PRQWDİRZHJR

6FKHPDW\ SU]HGVWDZLDMĈ GU]ZL OHZH

&(1$ '5=:, 6.â$'$1<&+ -('126.5=<'â2:<&+ FHQD SRMHG\QF]HJR VNU]\GãD VNãDGDQHJR VWU FHQD RĤFLHİQLF\ GR GU]ZL MHGQRVNU]\GãRZ\FK

&(1$ '5=:, 6.â$'$1<&+ ':86.5=<'â2:<&+ FHQD SRGZyMQ\FK VNU]\GHã VNãDGDQ\FK VWU FHQD RĤFLHİQLF\ GR GU]ZL GZXVNU]\GãRZ\FK

VWDãHM 0') VWDãHM 32/ 6.21( UHJXORZDQHM 32/ 6.21( UHJXORZDQHM ',1 ]ã

VWDãHM 0') VWDãHM 32/ 6.21( UHJXORZDQHM 32/ 6.21( UHJXORZDQHM ',1 ]ã

&HQ\ ]ã 1(772 EUXWWR 9$7

85


6.â$'$1(

/0 32-('<1&=(

32':Ð-1(

'

3(â1(

'8į$ 6=<%$

3(â1(

'

'8į$ 6=<%$

352),/( 5$0(. '2 6.5=<'(â 6=./21<&+ 32-('<1&=(

'<1$0,& 9$5,2 '(&2 9$5,2 6$+$5$ 7$1*$1,.$ .21*2 %8(12 $5*(17 6(035(

352),/ $

3(â1(

'8į$ 6=<%$

3(â1(

'8į$ 6=<%$

723 5(6,67

370 370

(&2 723

185 185

VNU]\GãD

3(â1(

'8į$ 6=<%$

3(â1(

'8į$ 6=<%$

/$0,6721(

214 214

335 335

427 427

6,/.6721(

32':Ð-1(

'8į$ 6=<%$

3(â1(

'8į$ 6=<%$

255

509

751

ODPLQDW &3/ PP

373

VNU]\GãD

3(â1(

'8į$ 6=<%$

3(â1(

'8į$ 6=<%$

.2/(.&-$ ,

493

.2/(.&-$ ,,

372 391

.2/(.&-$ ,,,

VNU]\GãD 5(752 /,0%$ .2/(.&-$ 9

3(â1(

'8į$ 6=<%$

32-('<1&=(

32':Ð-1(

32-('<1&=(

: SU]\SDGNX Z\VWĈSLHQLD Z MHGQ\P ]DPyZLHQLX QLİHM Z\PLHQLRQ\FK Z]RUyZ RUD] GU]ZL 6NãDGDQ\FK V]NORQ\FK WR SURÀO UDPNL GU]ZL 6NãDGD Q\FK GREUDQ\ EčG]LH ZJ SRQLİV]HJR RSLVX : SU]\SDGNX Z\VWĈSLHQLD Z ]DPyZLHQLX Z]RUyZ QLH XMčW\FK Z ]HVWDZLHQLX L GU]ZL 6NãDGDQ\FK V]NORQ\FK GREyU UDPNL SR NRQVXOWDFML ] G]LDãHP KDQGORZ\P

6.â$'$1(

32':Ð-1(

ELDã\

GĈE

ELDã\

EXN

ROFKD

MDEãRę

ZLĤQLD

ZHQJH

RU]HFK ZãRVNL

ZLĤQLD MDSRęVND

PDODJD

'8į$ 6=<%$

723 5(6,67

12:2ģý

3(â1(

(&2 723

/0

3(â1(

'(&2 '(&2 /8; ,17(562/O' 9,7725,$ 9(1$ *5$1' 0,/(1,80

352),/ '

32':Ð-1(

32-('<1&=( VNU]\GãD ODPLQDW &3/ PP

'<1$0,&

352),/ &

32-('<1&=(

,17(5 $0%(5 ,038/6 *5$ 9, '(&2 /8; 62)7 ,17(562/O' 62)7 48$7752 62)7

352),/ %

32':Ð-1(

VNU]\GãD

6.â$'$1(

GĈE FRXQWU\

ODPLQRZDQH

V]DU\

EXN

GĈE

ZLĤQLD

RU]HFK

&3/ PP

&3/ PP

/0

'RSXV]F]DOQD UyİQLFD Z RGFLHQLDFK VNU]\GHã RĤFLHİQLF L UDPHN

EXN FDOYDGRV RU]HFK EDZDULD NDXNDVNL

EXN

GĈE


6.â$'$1(

/0

ELDã\ GĈE ]ãRW\ GĈE

/$0,6721(

F]DUQ\ GĈE

RU]HFK SUHPLXP

WHDN

ZHQJH

VRVQD SDW\QD

VRVQD VHSLD

GĈE SROVNL

12:2ģý

6,/.6721(

F\QDPRQ Y

LPELU Y

JUXV]D

MDEãRę

ĤOLZD

V]DIUDQ Y

GĈE 5R\DO

RU]HFK 5R\DO

NDV]WDQ 5R\DO

NDV]WDQ RU]HFK DQW\F]Q\ DQW\F]Q\

DQWUDF\W 5R\DO

MHVLRQ 5R\DO

PHUEDX 5R\DO

'RSXV]F]DOQD UyİQLFD Z RGFLHQLDFK VNU]\GHã RĤFLHİQLF L UDPHN

OLPED

EXN

F]HUHĤQLD

GĈE UXVWLNDO

GĈE SDOLVDQGHU

6.â$'$1( 5HWUR /LPED

GĈE HXURSHMVNL

NORQ

RU]HFK HXURSHMVNL

RU]HFK WXUHFNL

WHDN

ODNLHU 89

IRUQLURZDQH

KHEDQ

FLHPQ\ RU]HFK

MDVQ\ RU]HFK

5(752

FDSSXFLQR PRNND

/0

/,0%$

JUDÀW

PDUURQH

QHUR

.2/(.&-$ 9

MDVQ\ GĈE

.2/(.&-$ ,,,

.2/(.&-$ ,9

ODNLHU 89

IRUQLURZDQH

IRUQLU\ QDWXUDOQH

/0 .2/(.&-$ ,,

.2/(.&-$ ,

6.â$'$1( /X[

GĈE QDWXUDOQ\

RU]HFK ĤUHGQL

RU]HFK F]DUQ\

&HQD GU]ZL VNãDGDQ\FK MHGQRVNU]\GãRZ\FK FHQD SRMHG\QF]HJR VNU]\GãD VNãDGDQHJR VWU FHQD RĤFLHİQLF\ GR GU]ZL MHGQRVNU]\GãRZ\FK

&HQD GU]ZL VNãDGDQ\FK GZXVNU]\GãRZ\FK FHQD SRGZyMQ\FK VNU]\GHã VNãDGDQ\FK VWU FHQD RĤFLHİQLF\ GR GU]ZL GZXVNU]\GãRZ\FK

VWDãHM 0') VWDãHM 32/ 6.21( UHJXORZDQHM 32/ 6.21( UHJXORZDQHM ',1 ]ã

VWDãHM 0') VWDãHM 32/ 6.21( UHJXORZDQHM 32/ 6.21( UHJXORZDQHM ',1 ]ã

6.â$'$1( &ODVVLF

/0

SRZLHU]FKQLD ]H VWUXNWXUĈ GUHZQD

V\VWHP EH]SU]\OJRZ\

PDORZDQH

.216758.&-$ 6.5=<'â$

VNãDGDQH PDORZDQH UDPLDN GUHZQLDQ\ REãRİRQ\ WãRF]RQ\PL Sã\ WDPL +') SRZLHU]FKQLD ]H VWUXNWXUĈ GUHZQD Z\SHãQLHQLH ZDUVWZĈ VWDELOL]XMĈFĈ R VWUXNWXU]H ÅSODVWUD PLRGXµ

2.8&,$

32':Ð-1(

32-('<1&=(

'

'

3(â1(

'8į$ 6=<%$

3(â1(

SURZDGQLFD L ]DZLDV\

2ģ&,(į1,&$

VWDãD GUHZQLDQD

6=./(1,(

'8į$ 6=<%$ 6WDQGDUG VNU]\GãD PDORZDQH ² V]NãR RUQDPHQWRZH RUQDPHQW NXUD EH]EDUZQD OXE V]NãR JãDGNLH SU]H]URF]\VWH R JUXERĤFL PP RSFMD LQQH URG]DMH V]NãD VWU

:<0,$5<

MHGQRVNU]\GãRZH Å µ Å µ Å µ Å µ GZXVNU]\GãRZH ,VWQLHMH PRİOLZRĤþ ]DVWRVRZDQLD WXOHMHN PRVLčİQ\FK 7.

SDWU] WDEHOND VWU

'8į$ 6=<%$

.RPSOHW GU]ZL ]H VWDãĈ RĤFLHİQLFĈ EH]SU]\OJRZĈ L SURJLHP

32-('<1&=(

OHZH

GU]ZL

32':Ð-1(

3(â1(

'8į$ 6=<%$

541

3(â1(

'8į$ 6=<%$

1080 1374

SUDZH

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6G +G

SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6R +R

W\S Å µ Å µ Å µ Å µ

V]HURNRĤþ 6R

6G

GU]ZL GZXVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6G +G

SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6R +R

W\S Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

V]HURNRĤþ 6R

6G

ELHO 1&6 V 1

NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

Z\VRNRĤþ +R +G &HQ\ ]ã 1(772 EUXWWR 9$7

87


35=(68:1(

FHQD V\VWHPX ]DEXGRZ\ FHQD Z\EUDQHJR VNU]\GãD FHQD RĤFLHİQLF\ ',1 ]ã ]ã FHQD V\VWHPX ]DEXGRZ\ 12%/( ),(67$ FHQD 12%/( ),(67$ FHQD RĤFLHİQLF\ ',1 ]ã ]ã

'5=:, :(:1ć75=/2.$/2:(

,VWQLHMH PRİOLZRĤþ Z\NRQDQLD VDPHJR VNU]\GãD GR SU]HVXZX GRSãDWD ]ã ]ã FHQD XFKZ\WX Z NRPSOHFLH ]DPHN KDNRZ\ VUHEUQ\ QD EORNDGč RUD] V]F]RWNL GR V\VWHPX PRİOLZRĤþ Z\PLDQ\ ]DPND QD EORNDGč ] ]DPNLHP QD NOXF] ( ]ã ]ã

.$6(7< GR V\VWHPX GU]ZL SU]HVXZQ\FK GR ]DEXGRZ\ Z ĤFLDQLH PLQLPDOQD JUXERĤþ NDVHW\ SRMHG\QF]HM OXE SRGZyMQHM ZUD] ] REXGRZĈ * . Z\QRVL PP

8FKZ\W\ GR GU]ZL SU]HVXZQ\FK GR ]DEXGRZ\ Z ĤFLDQLH VWU NDVHWD SRMHG\QF]D Z\PLDU\ VNU]\GHã

NDVHWD SRGZyMQD

FHQD

Z\PLDU\ VNU]\GHã

Å µ *

FHQD

Å µ Å µ *

Å µ *

Å µ Å µ *

+725

Å µ *

Å µ Å µ *

Å µ *

Å µ Å µ *

Å µ *

Å µ Å µ *

GRSãDW\

FHQD PE

DVRUW\PHQW GRGDWNRZ\

124

]D V\VWHP V\QFKUR QL]DFML MHGQRF]HVQHJR RWZDUFLD

Z GU]ZLDFK GZXVNU]\GãRZ\FK

V]F]RWND ELDãD 6% V]F]RWND F]DUQD 6%

GR FHQ\ NDVHW\ SRGZyMQHM

+11

35$:(

:(:1ć75= %/2.$'$

251$0(17 =(:1ć75=

/(:(

:(:1ć75=

%/2.$'$

251$0(17 =(:1ć75=

6<67(0 '2 =$%8'2:< : ģ&,$1,( 1,( '27<&=< 12%/( ),(67$ C / 352-(.7

: GU]ZLDFK V]NORQ\FK RUQDPHQW RG ]HZQĈWU] Z GU]ZLDFK ] ]DPNLHP EORNDGD RG ZHZQĈWU] : GU]ZLDFK GZXVNU]\GãRZ\FK SUDZ\FK ]DPHN Z VNU]\GOH SUDZ\P OHZ\FK ]DPHN Z VNU]\GOH OHZ\P

02'(/( 12%/( ),(67$ C / 352-(.7

6R ĤZLDWãR SU]HMĤFLD Z NDVHFLH 6RN V]HURNRĤþ RWZRUX NDVHW\

GU]ZL MHGQRVNU]\GãRZH

6R ĤZLDWãR SU]HMĤFLD Z NDVHFLH 6RN V]HURNRĤþ RWZRUX NDVHW\

GU]ZL GZXVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE GU]ZL 6G +G

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE GU]ZL 6G +G

V]HURNRĤþ

GU]ZL GZXVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE GU]ZL 6G +G

V]HURNRĤþ

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE GU]ZL 6G +G

V]HURNRĤþ

V]HURNRĤþ

W\S

6VE

6G

6R

6RN

W\S

6VE

6G

6R

6RN

W\S

6VE

6G

6R

6RN

W\S

6VE

6G

6R

6RN

Å µ Å µ Å µ Å µ Å µ

644 744 844

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +VE +G +R +RN GU]ZL (7,8'$ QLHW\SRZD Z\VRNRĤþ VNU]\GãD PP L ĤZLDWãD SU]HMĤFLD Z NDVHFLH PP

88

Z\VRNRĤþ +VE +G +R


35=(68:1( '5=:, :(:1ć75=/2.$/2:( FHQD ]DZLHUD SURZDGQLFč PDVNRZQLFč L VãXS GRMD]GRZ\ 723 5(6,67

PDORZDQ\FK ELDã\FK GR GU]ZL MHGQR VNU]\GãRZ\FK

IROLD ELDãD

(&2 723 IROLD GUHZQRSR GREQD

ODPLQRZDQ\FK IRUQLURZDQ\FK /$0,6721( 6,/.6721( ODPLQDW GUHZQRSR GREQ\

ODNLHU 89

5(752 /,0%$ .2/(.&-$ ,9 9 9,

IRUQLURZDQH NROHNFMH , ,, ,,,

GRSãDWD GR Z\EUDQHJR PRGHOX VNU]\GãD ZHZQ

488

488

488

759

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD RSFMRQDOQLH ZHUVMD ] V\VWHPHP ]DEXGRZ\ ĤFLDQ\ ÅWXQHO Z\NRęF]HQLRZ\µ ² FHQD Z ]DOHİQRĤFL RG JUXERĤFL PXUX NRORU\ SDOHW 5$/ 1&6 GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM ,VWQLHMH PRİOLZRĤþ Z\NRQDQLD VDPHJR VNU]\GãD GR SU]HVXZX GRSãDWD ]ã ]ã FHQD XFKZ\WX

VWDQGDUGRZR VNU]\GãD V\VWHPX QDĤFLHQQHJR VĈ Z\SRVDİRQH Z PRVLčİQ\ XFKZ\W SRGãXİQ\ VUHEUQ\ 8 RSFMRQDOQH XFKZ\W\ OXE ]DPHN KDNRZ\ GR VNU]\GHã SU]HVXZQ\FK ² VWU

1,( '27<&=< 12%/( ),(67$ C / 352-(.7

8FKZ\W\ GR GU]ZL SU]HVXZQ\FK Z V\VWHPLH QDĤFLHQQ\P VWU

WDEHOD

QD ]GMčFLX GU]ZL OHZH EH] ]DEXGRZ\ RUQDPHQW SR VWURQLH PDVNRZQLF\

6<67(0 1$ģ&,(11<

GU]ZL GZXVNU]\GãRZH

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

EH] VãXSD GRMD]GRZHJR

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

W\S

6VE

6R

W\S

6VE

6R

Å µ Å µ Å µ Å µ Å µ

644 744 844

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +R +VE

WDEHOD

02'(/( 12%/( ),(67$ C / 352-(.7

GU]ZL SU]HVXZQH ² V\VWHP QDĤFLHQQ\ EH] ]DEXGRZ\ Z\VRNRĤþ RG SR]LRPX SRGãRJL GR JyUQHM NUDZčG]L PDVNRZQLF\ ² PP WDEHOD PP WDEHOD

GU]ZL GZXVNU]\GãRZH

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

EH] VãXSD GRMD]GRZHJR

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

W\S

6VE

6R

W\S

6VE

6R

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +R +VE

WDEHOD

1,( '27<&=< 12%/( ),(67$ C / 352-(.7

GU]ZL SU]HVXZQH ² V\VWHP QDĤFLHQQ\ ] ]DEXGRZĈ WXQHORZĈ =1 2.

35$:(

/(:(

%/2.$'$

%/2.$'$

251$0(17

251$0(17 =(:1ć75=

: GU]ZLDFK V]NORQ\FK RUQDPHQW RG ]HZQĈWU] Z GU]ZLDFK ] ]DPNLHP EORNDGD RG ZHZQĈWU] : GU]ZLDFK GZXVNU]\GãRZ\FK SUDZ\FK ]DPHN Z VNU]\GOH SUDZ\P OHZ\FK ]DPHN Z VNU]\GOH OHZ\P

&HQ\ ]ã 1(772 EUXWWR 9$7

V]HURNRĤþ

W\S

6VE

6R

6G

W\S

6VE

6R

6G

Å µ Å µ Å µ Å µ Å µ

644 744 844

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

02'(/( 12%/( ),(67$ C / 352-(.7 WDEHOD

:(:1ć75=

=(:1ć75=

V]HURNRĤþ

EH] VãXSD GRMD]GRZHJR

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

Z\VRNRĤþ +VE +R +G

Z\VRNRĤþ RG SR]LRPX SRGãRJL GR JyUQHM NUDZčG]L PDVNRZQLF\ ² PP WDEHOD PP WDEHOD

'R V\VWHPX QDĤFLHQQHJR SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =1 2. VWU

:(:1ć75=

GU]ZL GZXVNU]\GãRZH

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

GU]ZL GZXVNU]\GãRZH

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

EH] VãXSD GRMD]GRZHJR

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

W\S

6VE

6R

6G

W\S

6VE

6R

6G

Å µ Å µ Å µ Å µ

655 755 855

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +VE +R +G

89


35=(68:1( '5=:, :(:1ć75=/2.$/2:(

.RPSOHW V\VWHPX SU]HVXZQHJR 35(0,80 ]DZLHUD PDVNRZQLFč ] SURZDGQLFĈ HOHPHQW\ ] DOXPLQLXP

&HQD V\VWHPX SU]HVXZQHJR 35(0,80 GU]ZL MHGQRVNU]\GãRZ\FK Z\QRVL ]ã ]ã 6WDQGDUGRZR VNU]\GãD V\VWHPX QDĤFLHQQHJR 35(0,80 VĈ Z\SRVDİRQH Z XFKZ\W SRGãXİQ\ Z NRORU]H FKURP VDW\QD 8 RSFMRQDOQH XFKZ\W\ GR VNU]\GHã SU]HVXZQ\FK VWU

6<67(0 1$ģ&,(11< 35(0,80

,VWQLHMH PRİOLZRĤþ Z\NRQDQLD VDPHJR VNU]\GãD GR SU]HVXZX GRSãDWD ]ã ]ã FHQD XFKZ\WX

1,( '27<&=< 12%/( ),(67$ C / 352-(.7 Z\VRNRĤþ RG SR]LRPX SRGãRJL GR JyUQHM NUDZčG]L PDVNRZQLF\ PP

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

GU]ZL GZXVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

V]HURNRĤþ

W\S

6VE

6R

W\S

6VE

6R

Å µ Å µ Å µ Å µ

644 744 844

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +VE +R

02'(/( 12%/( ),(67$ C / 352-(.7 Z\VRNRĤþ RG SR]LRPX SRGãRJL GR JyUQHM NUDZčG]L PDVNRZQLF\ PP

GU]ZL MHGQRVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

GU]ZL GZXVNU]\GãRZH

Z\PLDU\ SR ]HZQčWU]QHM VWURQLH VNU]\GHã 6VE +VE RUD] RWZRUX PRQWDİRZHJR 6R +R

V]HURNRĤþ

%UDN PRİOLZRĤFL ]DVWRVRZDQLD Z RĤFLHİQLF\ WXQHORZHM

V]HURNRĤþ

W\S

6VE

6R

W\S

6VE

6R

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

Z\VRNRĤþ +VE +R V\VWHP VNãDGD VLč ] SURZDGQLF GR GU]ZL MHGQRVNU]\GãRZ\FK 8:$*$ SR PRQWDİX EčG]LH ZLGRF]QH PLHMVFH ãĈF]HQLD SURZDGQLF

90


781(/( =$%8'2:$ 0858 781(/ :<.2Ę&=(1,2:< '2 =$%8'2:< 0858 =1 ]DEXGRZD SU]\ V\VWHPLH SU]HVXZQ\P QDĤFLHQQ\P L =7 ]DEXGRZD RWZRUX EH] VWRVRZDQLD GU]ZL

6\PERO

=DNUHV UHJXOFML

.RPSOHWDFMD

:\PLDU\ VWDQGDUGRZH

723 5(6,67

ODPLQRZDQ\FK

(&2 723

6,/.6721(

IROLD ELDãD

/$0,6721( *5$9,6721(

2SDVND

5HWUR /LPED NROHNFMH ,9 9 9,

IRUQLURZDQH NROHNFMH , ,, ,,,

ODPLQDW GUHZQRSRGREQ\

=1

=7

3DQHO PP RSDVNL PP

=1

=7

3DQHO PP RSDVNL PP

=1

=7

3DQHO PP RSDVNL PP

=1

=7

3DQHO PP RSDVNL PP

310 310

=1

=7

3DQHO PP RSDVNL PP

=1

=7

3DQHO PP RSDVNL PP

=1

=7

3DQHO PP RSDVNL PP

375 375

=1

=7

3DQHO PP RSDVNL PP

2ģ&,(į1,&( 781(/2:( =1 ]DEXGRZD PXUX SU]\ V\VWHPLH SU]HVXZQ\P QDĤFLHQQ\P L RĤFLHİQLFDFK ',1

V]HURNRĤþ

6G

6R

6RS

W\S

Å µ Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

746 846

V]HURNRĤþ

6G 6R 6RS

3DQHO

2SDVND

2SDVND

2SDVND

3DQHO

2SDVND

'RVWčSQH W\ONR Z NRORU\VW\FH IRUQLUyZ QDWXUDOQ\FK 5(752 /,0%$

2ģ&,(į1,&( 781(/2:( =7 ]DEXGRZD PXUX EH] VWRVRZDQLD GU]ZL

V]HURNRĤþ

W\S

2SDVND

3DQHO

W\S 6G 6R

Å µ Å µ Å µ Å µ

Z\VRNRĤþ +G +R +RS

6RS

6RS

W\S Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

V]HURNRĤþ 6G

6R

6RS

6RS

Z\VRNRĤþ +G +R +RS +RS

=DNUHV =1 =1

=DNUHV =7 =7

2SDVND NĈWRZD 3DQHO

2SDVND NĈWRZD

3DQHO

7XQHO =1 ] RSDVNDPL 2.

2SDVND NĈWRZD

3DQHO

7XQHO =7 ] RSDVNDPL 2.

3DQHO

7XQHO =7 ] RSDVNDPL 2.

7XQHO =7 ] RSDVNDPL 2.

'RVWčSQH W\ONR Z NRORU\VW\FH IRUQLUyZ QDWXUDOQ\FK

781(/ =; '2 '5=:, 12%/( ),(67$ ¶ / 352-(.7 ]DEXGRZD PXUX SU]\ V\VWHPLH SU]HVXZQ\P QDĤFLHQQ\P

V]HURNRĤþ V]HURNRĤþ

W\S 6G

Å µ Å µ Å µ Å µ

6R 6RS

655 755 855

6RS

W\S Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

6G

6R

6RS

6RS

781(/ =< '2 '5=:, 12%/( ),(67$ ¶ / 352-(.7 ]DEXGRZD PXUX EH] VWRVRZDQLD GU]ZL

V]HURNRĤþ

W\S 6G 6R

Å µ Å µ Å µ Å µ

Z\VRNRĤþ +G +R +RS +RS

3DQHO

7XQHO =; =< ] RSDVNDPL 2.

6RS 6RS

846

876

W\S Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ

V]HURNRĤþ 6G

6R

6RS

6RS

Z\VRNRĤþ +G +R +RS +RS

3DQHO

2ĤFLHİQLFD ] 0')

7XQHO =; =< ] RSDVNDPL 2.

QLH GRW\F]\ RSDVHN PP :\PLDU\ Å µ Å µ 20 7XQHOH GZXVNU]\GãRZH 50 7XQHO ] RSDVNDPL 2. Z NRORUDFK 5$/ OXE 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZJ JUXS GR PDORZDQ\FK :HUVMD ] RSDVNDPL GR GU]ZL 1REOH , 1REOH ,, ),(67$· 30 GR FHQ WXQHOL ] 2. Z\VWčSXMH W\ONR Z NRORU\VW\FH 12%/( %H] QDZLHUWyZ SRG ]DZLDV\ QDIUH]RZDQLD SRG EODFKč EH] XV]F]HOHN &HQ\ ]ã 1(772 EUXWWR 9$7

91


1$ģ:,(7/$ '2 '5=:, :(:1ć75=/2.$/2:<&+ 1$ģ:,(7/$ QD SURÀOX RĤFLHİQLF\ ',1 FHQD ]D PE QDĤZLHWOD OLF]RQ\ SR ]HZQčWU]Q\P REZRG]LH QDĤZLHWOD

GR GU]ZL MHGQR VNU]\GãRZ\FK

PDORZDQ\FK ELDã\FK

723 5(6,67 (&2 723 IROLD GUHZQRSR GREQD

ODPLQRZDQ\FK /$0,6721( 6,/.6721( *5$9,6721( ODPLQDW GUHZQRSR GREQ\

IRUQLURZDQ\FK

IRUQLURZDQH NROHNFMH , ,, ,,,

ODNLHU 89

5(752 /,0%$ NROHNFMD ,9 9 9,*

V\PERO

]DNUHV Z PP

IROLD ELDãD

13

84

84

100

112

13

90

90

105

119

13

115

129

13

101

101

120

13

105

105

129

13

114

114

135

151

13

118

118

142

13

125

125

149

13

130

130

157

177

13

184

13

142

142

193

171

129 137 147 158

175

194 205 212 221

FHQD QDĤZLHWOD FHQD PE RĤFLHİQLF\ [ REZyG ]HZQčWU]Q\ FHQD P V]NãD [ SRZLHU]FKQLD QDĤZLHWOD

1$ģ:,(7/$ QD SURÀOX RĤFLHİQLF\ VWDãHM 32/ 6.21( FHQD ]D PE QDĤZLHWOD OLF]RQ\ SR ]HZQčWU]Q\P REZRG]LH QDĤZLHWOD

VWDãD PP

102

102

122

137

159

6XJHURZDQ\ VSRVyE SRãĈF]HQLD QDĤZLHWOL QD SURÀOX RĤFLHİQLF\ ',1 SU]\ Xİ\FLX NORFNyZ PRQWDİRZ\FK

]DOHFDQH V]NãR EH]SLHF]QH GR QDĤZLHWOL

FHQD ]D P

V]\ED EH]SLHF]QD PP SU]H]URF]\VWD

217

V]\ED EH]SLHF]QD PP PDWRZD

RSFMRQDOQLH V]NãR RUQDPHQWRZH PP FHQD ]D P

SU]\ V]NOHQLX V]NãR JãDGNLH SU]H]URF]\VWH 50 .85$ EH]EDUZQD .85$ EUĈ] /$.20$7 %,$â< 0$7 80 %5ć= 0$7 120 0$67(5 &$55( 220 *5$),7 120

92

FHQD QDĤZLHWOD FHQD PE [ $ % FHQD P V]NãD [ $ [ %


:<0,$5< 6.5=<'(â :(:1ć75=/2.$/2:<&+

3U]HĤZLW PLčG]\ VNU]\GãHP D SRGãRJĈ

'OD SUDZLGãRZHJR PRQWDİX GU]ZL UR]ZLHUDQ\FK VNãDGDQ\FK RWZyU Z ĤFLDQLH 6R SRZLQLHQ E\þ ZLčNV]\ R PP QD VWURQč RG Z\PLDUyZ GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6G

VNU]\GãR GU]ZLRZH

3ROHFDP\ V]F]HJyãRZĈ LQVWUXNFMč PRQWDİX GU]ZL Å$NDGHPLD 'REUHJR 0RQWDİX 32/ 6.21(µ QD Sã\FLH '9'

SR]LRP SRGãRJL

$GUHV\ DXWRU\]RZDQ\FK HNLS PRQWDİRZ\FK QD ZZZ SRO VNRQH HX

VNU]\GãR GU]ZLRZH ZHUVMD ] SURJLHP V]ZDMFDUVNLP RSFMD

SUyJ GUHZQLDQ\

,VWQLHMH PRİOLZRĤþ ]DPyZLHQLD VNU]\GHã NUyWV]\FK ZHGãXJ LQIRUPDFML QD VWURQDFK NDWDORJRZ\FK RUD] VNU]\GHã GR VDPRG]LHOQHJR VNUyFHQLD ZHGãXJ LQIRUPDFML QD VWURQDFK NDWDORJRZ\FK SU]H] HNLSč PRQWDİRZĈ

SR]LRP SRGãRJL

.LHUXQNL RWZLHUDQLD ² GU]ZL MHGQRVNU]\GãRZH SU]\OJRZH

UR]ZLHUDQH

6<67(0 35=</*2:< VNU]\GãR GU]ZLRZH

JãčERNRĤþ ZUčEX PP 6V V]HURNRĤþ VNU]\GãD ZH ZUčELH

GU]ZL OHZH VWURQD ] ZLGRF]Q\PL ]DZLDVDPL

GU]ZL SUDZH VWURQD ] ZLGRF]Q\PL ]DZLDVDPL

.LHUXQNL RWZLHUDQLD ² GU]ZL GZXVNU]\GãRZH SU]\OJRZH

VNU]\GãD SU]\OJRZH 32/ 6.21( SDVXMĈ GR ZV]\VWNLFK RĤFLHİQLF ]JRGQ\FK ] SROVNLPL QRUPDPL EUDQİRZ\PL

V]HURNRĤþ 6V

Z\VRNRĤþ ZH ZUčELH

6WDãD ] 0')

GU]ZL OHZH VNU]\GãR JãyZQH OHZH SUDZD EORNDGD

VWDQGDUG

GU]ZL MHGQRVNU]\GãRZH W\S Å µ Å µ

Å µ

Å µ

2ģ&,(į1,&(

GR VNU]\GHã SU]\OJRZ\FK SURÀO ]DRNUĈJORQ\

Sop

V]HURNRĤþ 6R 6G

6V

GU]ZL SUDZH VNU]\GãR JãyZQH SUDZH OHZD EORNDGD

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S $

GU]ZL GZXVNU]\GãRZH W\S Å µ Å µ

V]HURNRĤþ 6R

6G

6RS

Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

6RS

Å µ Å µ

Å µ Å µ

GOD VNU]\GHã 6,03/( $6725 *5$) 6R 6G 6V 6RS &HQ\ ]ã 1(772 EUXWWR 9$7

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S '

(&2 723 ,17(5 $0%(5

GR 723 5(6,67 '<1$0,&

IROLD GUHZ QRSRGREQD

Z\VRNRĤþ +R +G +V 6V ² V]HURNRĤþ VNU]\GãD +V Z\VRNRĤþ VNU]\GãD 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL

RSFMD

GR GU]ZL MHGQRVNU]\GãRZ\FK

/$0,6721( 6,/.6721( *5$9,6721( ODPLQDW GUHZQR SRGREQ\

IROLD ELDãD GR GU]ZL PDOR ZDQ\FK IROLD ELDãD 723 5(6,67

ELDã\ (&2 723

123

123

138

123

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD RSFMD OLVWZ\ PDVNXMĈFH /' /' 2SFMRQDOQLH Å µ ² GRSãDWD ]ã QHWWR ]ã EUXWWR Å µ GRSãDWD ]ã QHWWR ]ã EUXWWR

93


2ģ&,(į1,&(

5HJXORZDQD 6<67(0 ',1 ODPLQRZDQ\FK GR GU]ZL MHGQRVNU]\GãRZ\FK

V\PERO

]DNUHV Z PP

ZP1

ZP2

ZP3

ZP4

ZP5

=3

ZP7

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S %

GR VNU]\GHã SU]\OJRZ\FK

ZP8

ZP9

ZP10

ZP11

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S .

0RİOLZRĤþ ]DVWRVRZDQLD Z]PRFQLHQLD SRG VDPR]DP\NDF] GRSãDWD ]ã QHWWR EUXWWR 8:$*$ =DOHFDQ\ Z\PLDU Z\VRNRĤFL RWZRUX PRQWDİRZHJR SRZLčNV]RQ\ R PP ,VWQLHMH PRİOLZRĤþ ]DPyZLHQLD RĤFLHİQLF\ WXQHORZHM 0RİOLZRĤþ ]DVWRVRZDQLD HOHNWUR]DF]HSX Z RĤFLHİQLF\ ',1

(&2 723 ,17(5 $0%(5

723 5(6,67

/$0,6721(

IRUQLU\ QDWX *5$9,6721( UDOQH IROLD ELDãD 723 5(6,67 NROHNFMH ODPLQDW GUHZ , ,, ,,, QRSRGREQ\ ELDã\ (&2 723 6,/.6721(

IROLD GUHZQR SRGREQD

ODNLHU 89 IRUQLURZDQ\FK

IROLD ELDãD GR GU]ZL PDORZDQ\FK

NROHNFMH ,9 9 9, 5(752 /,0%$

193

193

209

193

374

431

199

199

218

199

445

205

205

223

205

398

458

210

210

230

210

410

472

218

218

237

218

422

225

225

225

437

504

233

233

255

233

454

521

242

242

242

541

249

249

272

249

485

559

258

258

281

258

499

293

523

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD NRORU\ SDOHW 5$/ 1&6 GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM

5HJXORZDQD 6<67(0 ',1 60 mm

GU]ZL MHGQRVNU]\GãRZH W\S Å µ

Sop

V]HURNRĤþ 6R 6G

6V

676 646

GU]ZL GZXVNU]\GãRZH 6RS

746

V]HURNRĤþ 6R

6G

6RS

Å µ

776

746

846

Å µ Å µ

Å µ

876

846

Å µ Å µ Å µ Å µ

Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ

Å µ Å µ

Z\VRNRĤþ +R +G +V

'R RĤFLHİQLF\ UHJXORZDQHM 6\VWHP ',1 SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =1 2.

2SFMRQDOQLH Å µ ² GRSãDWD ]ã QHWWR ]ã EUXWWR Å µ GRSãDWD ]ã QHWWR ]ã EUXWWR 6V ² V]HURNRĤþ VNU]\GãD ZH ZUčELH +V Z\VRNRĤþ VNU]\GãD ZH ZUčELH 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL GOD VNU]\GHã 6,03/( $6725 *5$) 6R 6G 6V 6RS

(/(.752=$&=(3<

'2 '5=:, :(:1Č75=1<&+

W\S Å µ Å µ

$ZHUV\MQ\ PRGHO $& EH] QDSLčFLD ]DPNQLčW\ SR SRGDQLX QDSLčFLD RWZDUW\ 5HZHUV\MQ\ PRGHO '& EH] QDSLčFLD RWZDUW\ SR SRGDQLX QDSLčFLD ]DPNQLčW\ 6\PEROH $& '& R]QDF]DMĈ SUĈG ]PLHQQ\ OXE VWDã\ (OHNWUR]DF]HS DZHUV\MQ\

(OHNWUR]DF]HS UHZHUV\MQ\

Z ]DPHN $EOR\

Z ]DPHN $EOR\

220

320

(/(.752=$&=(3< W\S $& '& GR GU]ZL ZHZQčWU]Q\FK GR VNU]\GHã Z\SRVDİRQ\FK GR VNU]\GHã Z\SRVDİRQ\FK GR RĤFLHİQLF\ UHJXOR ZDQHM ',1 =3

NRQLHF]QRĤþ ]ZLčNV]H QLD RWZRUX PRQWDİR ZHJR R PP ] XZDJL QD GUHZQLDQH Z]PRFQLHQLH RĤFLHİQL F\ Z PLHMVFX PRQWDİX HOHNWUR]DF]HSX IUH]RZDQLH Z RSDVNDFK Z\NRQD QH IDEU\F]QLH

HOHNWUR]DF]HS DZHUV\MQ\

94

&HQD ]DZLHUD GUHZQLDQH Z]PRFQLHQLH RĤFLHİQLF\ Z PLHMVFX ]DPRQWRZDQLD HOHNWUR]DF]HSX


5HJXORZDQD 6<67(0 32/ 6.21(

GR VNU]\GHã SU]\OJRZ\FK ODPLQRZDQ\FK GR GU]ZL MHGQRVNU]\GãRZ\FK

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S '

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S $

V\PERO

]DNUHV Z PP

ZZ1

ZZ2

ZZ3

ZZ4

ZZ5

==

ZZ7

ZZ8

ZZ9

ZZ10

ZZ11

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S &

6<67(0 35=</*2:< 60 mm

Sop GU]ZL MHGQRVNU]\GãRZH W\S Å µ

V]HURNRĤþ 6R 6G

6V

Å µ

GU]ZL GZXVNU]\GãRZH 6RS

W\S Å µ Å µ

V]HURNRĤþ 6R

Å µ Å µ

6G 6RS

Å µ

Å µ Å µ Å µ Å µ

Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ

Å µ Å µ

723 5(6,67

(&2 723 ,17(5 $0%(5

6,/.6721( IROLD ODPLQDW GUHZ GUHZQRSR QRSRGREQ\ GREQD

IROLD ELDãD GR GU]ZL PDOR ZDQ\FK IROLD ELDãD 723 5(6,67 ELDã\ (&2 723

ODNLHU 89 GR IRUQLURZDQ\FK IRUQLU\ QDWXUDOQH NROHNFMH , ,, ,,,

NROHNFMH ,9 9 9, 5(752 /,0%$

331

331

455

523

331

331

455

523

299

357

357

299

490

299

357

357

299

490

390

390

390

390

355

355

355

355

382

458

458

382

725

382

458

458

382

725

420

420

797

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH

Z\VRNRĤþ +R +G +V : VWDQGDUG]LH SU]\ RĤFLHİQLFDFK GUHZQLDQ\FK ]QDMGXMĈ VLč RWZRU\ PRQWDİRZH ZUD] ] ]HVWDZHP ]DĤOHSHN =D GRGDWNRZĈ GRSãDWĈ LVWQLHMH PRİOLZRĤþ ]DPyZLHQLD RĤFLHİQLF EH] RWZRUyZ ]ã netto ]ã EUXWWR

2SFMRQDOQLH Å µ ² GRSãDWD ]ã QHWWR ]ã EUXWWR Å µ GRSãDWD ]ã QHWWR ]ã EUXWWR 6V ² V]HURNRĤþ VNU]\GãD ZH ZUčELH +V Z\VRNRĤþ VNU]\GãD ZH ZUčELH 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL ? GOD VNU]\GHã 6,03/( $6725 *5$) 6R 6G 6V 6RS 0RİOLZRĤþ ]DVWRVRZDQLD HOHNWUR]DF]HSX Z RĤFLHİQLF\ 32/ 6.21(

6WDãD 6<67(0 32/ 6.21(

/$0,6721(

(/(.752=$&=(3< GR RĤFLHİQLF\ UHJXORZDQHM 32/ 6.21( ==

NRQLHF]QRĤþ VDPRG]LHOQH JR IUH]RZDQLD RSDVHN Z PLHMVFX PRQWDİX HOHNWUR ]DF]HSX

(OHNWUR]DF]HS DZHUV\MQ\ -L6 W\S $& GR VNU]\GHã Z\SRVDİRQ\FK Z ]DPHN $EOR\

(OHNWUR]DF]HS UHZHUV\MQ\ /2&.32/ '& GR VNU]\GHã Z\SRVDİRQ\FK Z ]DPHN $EOR\

190

290

GR VNU]\GHã SU]\OJRZ\FK UR]PLDU [ PP

6<67(0 35=</*2:<

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S $

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S &

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S '

ODPLQRZDQ\FK

/$0,6721( (&2 723 ,17(5 $0%(5

6,/.6721(

GR 723 5(6,67 '<1$0,&

ODPLQDW GUHZQRSR GREQ\

IROLD GUHZQRSR GREQD

IROLD ELDãD GR GU]ZL PDORZD Q\FK IROLD ELDãD 723 5(6,67

ELDã\ (&2 723

ODNLHU 89 GR IRUQLURZDQ\FK IRUQLU\ QDWXUDOQH NROHNFMH , ,, ,,,

NROHNFMH ,9 9 9, 5(752 /,0%$

GR GU]ZL MHGQRVNU]\GãRZ\FK

181

210

210

181

250

293

GR GU]ZL GZXVNU]\GãRZ\FK

309

324

324

309

350

414

GU]ZL MHGQRVNU]\GãRZH V]HURNRĤþ W\S 6R 6G 6V

Å µ Å µ Å µ Å µ

GU]ZL GZXVNU]\GãRZH V]HURNRĤþ W\S 6R

Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Å µ Z\VRNRĤþ +R +G +V

GOD VNU]\GHã 6,03/( $6725 *5$) 6R 6G 6V

RSFMD OLVWZ\ PDVNXMĈFH /' /' NRORU\ SDOHW 5$/ L 1&6 RSUyF] PHWDOLF]Q\FK GRSãDWD ZHGãXJ WDEHOL NRORU\VW\F]QHM VWU PLQ V]W

HNRORJLF]QH IDUE\ DNU\ORZH : VWDQGDUG]LH SU]\ RĤFLHİQLFDFK GUHZQLDQ\FK ]QDMGXMĈ VLč RWZRU\ PRQWDİRZH ZUD] ] ]HVWDZHP ]DĤOHSHN =D GRGDWNRZĈ GRSãDWĈ LVWQLHMH PRİOLZRĤþ ]DPyZLHQLD RĤFLHİQLF EH] RWZRUyZ ]ã QHWWR ]ã EUXWWR

&HQ\ ]ã 1(772 EUXWWR 9$7

6G

(/(.752=$&=(3< GR GU]ZL ZHZQčWU]Q\FK GR RĤFLHİQLF\ VWDãHM

(OHNWUR]DF]HS DZHUV\MQ\ W\S $& GR VNU]\GHã Z\SRVDİRQ\FK Z ]DPHN $EOR\

190

(OHNWUR]DF]HS UHZHUV\MQ\ '& GR VNU]\GHã Z\SRVDİRQ\FK Z ]DPHN $EOR\

290

2SFMRQDOQLH Å µ ² GRSãDWD ]ã QHWWR ]ã EUXWWR Å µ GRSãDWD ]ã QHWWR ]ã EUXWWR

95


2ģ&,(į1,&( 5HJXORZDQD 02'(/

GR VNU]\GHã SU]\OJRZ\FK

5HJXORZDQD 02'(/ 5(752

GR VNU]\GHã SU]\OJRZ\FK

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S &

6WRVRZDQH ]DZLDV\ F]RSRZH ZNUčFDQH W\S '

0RGHO : VWDQGDUG]LH SU]\ RĤFLHİQLFDFK GUHZQLDQ\FK ]QDMGXMĈ VLč RWZRU\ PRQWDİRZH ZUD] ] ]HVWDZHP ]DĤOHSHN =D GRGDWNRZĈ GRSãDWĈ LVWQLHMH PRİOLZRĤþ ]DPyZLHQLD RĤFLHİQLF EH] RWZRUyZ ]ã ]ã

0RGHO 5(752 'R RĤFLHİQLF\ UHJXORZDQHM 0RGHO SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =7 2. GR 0RGHOX 5(752 =7 2. VWU

6<67(0 35=</*2:< RSDVND NĈWRZD SDQHO UHJXODF\MQ\

SDQHO UHJXODF\MQ\

RĤFLHİQLFD GUHZQLDQD

XV]F]HOND

RSDVND NĈWRZD

Sop

Sop

GU]ZL ] RĤFLHİQLFĈ 5HJXORZDQĈ 0RGHO

W\S Å µ

V]HURNRĤþ 6R 6G

6V

GU]ZL ] RĤFLHİQLFĈ 5HJXORZDQĈ 0RGHO 5(752

Å µ

Å µ

Å µ

GU]ZL GZXVNU]\GãRZH W\S Å µ Å µ

V]HURNRĤþ 6R

6G

6RS

Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ

Å µ Å µ

6RS

Z\VRNRĤþ +R +G +V

5HJXORZDQD 1REOH

02'(/ 5(752

2SFMRQDOQLH Å µ ² GRSãDWD ]ã ]ã Å µ GRSãDWD ]ã ]ã 6V ² V]HURNRĤþ VNU]\GãD ZH ZUčELH +V Z\VRNRĤþ VNU]\GãD ZH ZUčELH 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL

NROHNFMH 5(752 /,0%$

=0

=5

PP

455

522

=0

=5

PP

492

=0

=5

PP

492

=0

=5

PP

537

=0

=5

PP

=0

=5

PP

584

=0

=5

PP

=0

=5

PP

=0

=5

PP

=0

=5

PP

=0

=5

PP

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD

GR GU]ZL MHGQRVNU]\GãRZ\FK

:(56-$ %

63262%< âć&=(1,$ 23$6(.

:(56-$ $ PP

:(56-$ % PP

GU]ZL MHGQRVNU]\GãRZH

GU]ZL GZXVNU]\GãRZH

V]HURNRĤþ

V]HURNRĤþ W\S

IRUQLU\ QDWXUDOQH NROHNFMH , ,, ,,,

GR VNU]\GHã EH]SU]\OJRZ\FK 12%/(

:(56-$ $

W\S

]DNUHV Z PP

ODNLHU 89

XV]F]HOND

RĤFLHİQLFD GUHZQLDQD

GU]ZL MHGQRVNU]\GãRZH

IRUQLURZDQ\FK

V\PERO

Z\VRNRĤþ +R +G +V

6V ² V]HURNRĤþ VNU]\GãD 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RSD 6RSE ² V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVHN 'R RĤFLHİQLF\ EH]SU]\OJRZHM 12%/( SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =7 2. 2. VWU

ODNLHU 89 IRUQLURZDQ\FK

V\PERO

]DNUHV Z PP

GĈE HXURSHMVNL KHEDQ MDVQ\ RU]HFK UHWUR FLHPQ\ RU]HFK UHWUR

1%

538

1%

538

1%

1%

1%

1%

1%

1%

1%

1%

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD

2ĤFLHİQLFD VWDãD EH]SU]\OJRZD GUHZQLDQD ]ã ]ã


5HJXORZDQD ),(67$

GR GU]ZL EH]SU]\OJRZ\FK

5HJXORZDQD / 352-(.7

GR GU]ZL EH]SU]\OJRZ\FK

6<67(0 %(=35=</*2:< '2 .2/(.&-, / 352-(.7 ),(67$·

3$662 $/72

),(67$· RĤFLHİQLFD UHJXORZDQD )% GU]ZL MHGQRVNU]\GãRZH

GU]ZL GZXVNU]\GãRZH

V]HURNRĤþ

V]HURNRĤþ W\S

6326Ð% âć&=(1,$ 23$6(.

W\S

6R

6G

6V

6RS

6R

6G

Å

847

Å µ Å

6RS

Å

Å Å

Å

Å Å Å Å

Å

Å Å Å Å

Å Å Å Å

Å Å

Å Å

),(67$

/ 352-(.7

:(56-$ % PP

PP

3$662 &$/<362 6$%,$ 9(572 Z\VRNRĤþ +R +G +V 3$662 $/72 Z\VRNRĤþ +R +G +V 6S V]HURNRĤþ SDQHOD

/ 352-(.7 RĤFLHİQLFD UHJXORZDQD )3 GU]ZL MHGQRVNU]\GãRZH

GU]ZL GZXVNU]\GãRZH

V]HURNRĤþ W\S

V]HURNRĤþ

6R

6G

6V

6RS

W\S

6R

6G

6RS

Å µ

Å µ

/ 352-(.7 Z\VRNRĤþ +R +G +V 6S V]HURNRĤþ SDQHOD

/ 352-(.7 ),(67$·

ODPLQDW V]DU\

)3 )3 )3 )3 )3 )3 )3

)% )% )% )% )% )% )% )%

)3

)%

)3

)%

V\PERO

VWRSLHę UHJXODFML PP

)$

)$

)$

)$

)$

)$

)$

)$

)$

)$

IRUQLURZDQH

]DNUHV Z PP

)3

2ģ&,(į1,&$ 5(*8/2:$1$ '2 6.5=<'(â %(=35=</*2:<&+ 3$662 $/72 ),(67$

RNOHLQD GčERZD

ODNLHU 89

/$0,6721(

6V ² V]HURNRĤþ VNU]\GãD +V Z\VRNRĤþ VNU]\GãD 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL

485

538

485

538

530

588

530

588

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD

/$0,6721(

RNOHLQRZDQH

582

582

743

825

743

825

821

912

821

912

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD

'R RĤFLHİQLF\ EH]SU]\OJRZHM / 352-(.7 ),(67$· SURSRQXMHP\ ]DEXGRZč WXQHORZĈ =7 2. &HQ\ ]ã 1(772 EUXWWR 9$7

97


2ģ&,(į1,&( '2 '5=:, :(:1ć75=/2.$/2:<&+

5HJXORZDQD PHWDORZD .216758.&-$ 2ģ&,(į1,&< 2ĤFLHİQLFD UHJXORZDQD MHVW Z\NRQDQD ] QDMZ\İV]HM MDNRĤFL EODFK\ VWDORZHM R JUXERĤFL PP 2ĤFLHİQLFD VNãDGD VLč ] RĤFLHİQLF\ ]DVDGQLF]HM UDP\ UHJXORZDQHM XV]F]HONL REZLHGQLRZHM ]DZLDVyZ F]RSRZ\FK 32.5<&,( 2ĤFLHİQLFD PDORZDQD IDUEĈ SURV]NRZĈ NRORU\ VWDQGDUG ELDã\ 5$/ V]DU\ 5$/ EUĈ] 5$/ EHİ 5$/ 3R]RVWDãH NRORU\ ZJ SDOHW\ 5$/ GRVWčSQH ]D GRSãDWĈ PLQLPXP V]WXN RĤFLHİQLF NRORUX 2.8&,$ =DZLDV\ F]RSRZH ² V]W GOD V]HURNRĤFL Å µ Å µ V]W GOD V]H URNRĤFL Å µ Å µ Å µ 8V]F]HOND REZLHGQLRZD Z NRORU]H ELDã\ V]DU\ EUĈ] $.&(625,$ : &(1,( 2ģ&,(į1,&< .OXF] LPEXVRZ\ .RãNL UR]SRURZH RĤFLHİQLFD PRQWRZDQD GR ĤFLDQ\ PXURZD QHM

:NUčW\ VDPRZLHUFĈFH RĤFLHİQLFD PRQWRZDQD GR ĤFLDQ\ NDU WRQRZR JLSVRZHM 23&-( '2'$7.2:( :]PRFQLHQLH SRG VDPR]DP\NDF] :\NRQDQLH ] EODFK\ RF\QNRZDQHM 6WDQGDUGRZR RĤFLHİQLFD SU]H]QDF]RQD GR PRQWDİX ] RVWD WHF]QLH Z\NRęF]RQ\PL ĤFLDQDPL RUD] SRGãRJDPL

SRZLHU]FKQLD SyãSRã\VN VDW\QD

+R

+F

6R 6F

GU]ZL MHGQRVNU]\GãRZH

GU]ZL GZXVNU]\GãRZH

V]HURNRĤþ W\S

6R

6F

Å µ

684

Å µ

784

V]HURNRĤþ W\S

6R

6F

Å µ

Å µ

Å µ

884

Å µ

Å µ

Å µ

+R

+F

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

6G

6RS

=DNUHV\ V]HURNRĤFL PXUX >PP@

6R ² V]HURNRĤþ RWZRUX PP PP 6F ² V]HURNRĤþ FDãNRZLWD RĤFLHİQLF\ +R ² Z\VRNRĤþ RWZRUX PP PP +F ² Z\VRNRĤþ FDãNRZLWD RĤFLHİQLF\

98

&(11,. 1(772 3/1

6]HURNRĤþ RĤFLHİQLF\ 61 µ µ¸µ µ

µ µ¸µ µ

µ µ¸µ µ

'RSãDWD ]D RF\QNRZD QLH RSFMD

=2

¸

380

444

571

110

=2

¸

=2

¸

432

494

121

=2

¸

482

723

127

=2

¸

515

571

132

=2

¸

533

597

800

138

=2

¸

558

838

143


5HJXORZDQD 4 6<67(0

GR VNU]\GHã SU]\OJRZ\FK

VWURQD UHJXODF\MQD

85

GR GU]ZL MHGQRVNU]\GãRZ\FK

V\PERO

]DNUHV Z PP

=-

=-

=-

=-

6RS

=-

=-

=-

=-

=-

=-

=-

VWURQD ]DZLDVRZD

6V 6G So

Sop

GU]ZL MHGQRVNU]\GãRZH

GU]ZL GZXVNU]\GãRZH

V]HURNRĤþ 6R 6G

6V

V]HURNRĤþ 6R

W\S Å µ

6RS

W\S Å µ Å µ

6G

Å µ

Å µ Å µ

Å µ

Å µ Å µ Å µ Å µ

Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ Å µ Å µ

Å µ Å µ

Å µ Å µ

Z\VRNRĤþ +R +G +V : VWDQGDUG]LH SU]\ RĤFLHİQLFDFK GUHZQLDQ\FK ]QDMGXMĈ VLč RWZRU\ PRQWDİRZH ZUD] ] ]HVWDZHP ]DĤOHSHN =D GRGDWNRZĈ GRSãDWĈ LVWQLHMH PRİOLZRĤþ ]DPyZLHQLD RĤFLHİQLF EH] RWZRUyZ ]ã netto ]ã EUXWWR

2SFMRQDOQLH Å µ ² GRSãDWD ]ã QHWWR ]ã EUXWWR Å µ GRSãDWD ]ã QHWWR ]ã EUXWWR 6V ² V]HURNRĤþ VNU]\GãD ZH ZUčELH +V Z\VRNRĤþ VNU]\GãD ZH ZUčELH 6G +G ² Z\PLDU GU]ZL SR ]HZQčWU]QHM VWURQLH RĤFLHİQLF\ 6R +R ² SURSRQRZDQ\ Z\PLDU PRQWDİRZ\ 6RS V]HURNRĤþ SR ]HZQčWU]QHM VWURQLH RSDVNL GOD VNU]\GHã 6,03/( $6725 *5$) 6R 6G 6V 6RS

IROLD ELDãD GR GU]ZL PDORZDQ\FK

IROLD ELDãD

301

301

325

325

354

354

387

387

459

IRUQLURZDQ\FK

IRUQLU\ QDWXUDOQH NROHNFMH , ,, ,,,

ODNLHU 89

NROHNFMH 9, 5(752 /,0%$

455

492

492

537

537

584

584

522

722

722

798

798

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD 5$/ 1&6 GRSãDWD Z ]DOHİQRĤFL RG JUXS\ NRORU\VW\F]QHM

0RİOLZRĤþ ]DVWRVRZDQLD HOHNWUR]DF]HSX Z RĤFLHİQLF\ 32/ 6.21(

.2521< .RURQD GR GU]ZL MHGQRVNU]\GãRZ\FK SU]\OJRZ\FK Å µ Å µ QD MHGQĈ VWURQč V]W

2NOHLQ\ NROHNFMD , ,, ,,, GR RĤFLHİQLF\ 5(752 /,0%$ 6(035( /X[ 7$1*$1,.$ UHJXORZDQHM 6$+$5$ .21*2

4 6<67(0 =-

GR RĤFLHİQLF\ UHJXORZDQHM 6<67(0 ',1 =3

NRURQD GR GU]ZL MHGQRVNU]\GãRZ\FK SU]\OJRZ\FK QD MHGQĈ VWURQč

3RZLHU]FKQLD PDORZDQD

100

.ROHNFMD ,17(5 $0%(5 ² SRZLHU]FKQLD (&2 723

100

.ROHNFMD '<1$0,& ² SRZLHU]FKQLD 723 5(6,67

100

3RZLHU]FKQLD /$0,6721( 6,/.6721(

3RZLHU]FKQLD PDORZDQD

100

GR GU]ZL GZXVNU]\GãRZ\FK GRSãDWD

RSDVND RĤFLHİQLF\ 4 6<67(0 =-

=DPDZLDMĈF NRURQč GR RĤFLHİQLF\ 4 6<67(0 =- QDOHİ\ SRGDþ VWURQč GU]ZL QD NWyUHM EčG]LH ]DPRQWRZDQD VWURQD ]DZLDVRZD UHJXODF\MQD

:\PLDU ]HZQčWU]Q\ NRURQ\ GR RĤFLHİQLF 4 6<67(0 6WURQD ]DZLDVRZD ]DNUHV =- =- 6WURQD UHJXODF\MQD ]DNUHV =- =- V]HURNRĤþ

:\PLDU ]HZQčWU]Q\ NRURQ\ GR RĤFLHİQLF 4 6<67(0 6WURQD UHJXODF\MQD ]DNUHV =- =- V]HURNRĤþ

:\PLDU ]HZQčWU]Q\ NRURQ\ GR RĤFLHİQLF ',1 VWDQGDUG SROVNL V]HURNRĤþ

W\S

6N

W\S

6N

W\S

6N

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ

Å µ Å

Å µ Å

Å µ Å

Å Å

Å Å

Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å Å Å

Å Å

Å Å

Å Å

Å Å

Å Å

Z\VRNRĤþ +N

Z\VRNRĤþ +N

Å Å

Z\VRNRĤþ +N

GOD GU]ZL 6,03/( $6725 *5$) GOD GU]ZL 6,03/( $6725 *5$) GOD GU]ZL 6,03/( $6725 *5$) &HQ\ ]ã 1(772 EUXWWR 9$7

99


/,67:<

NRPSOHW GR GU]ZL MHGQRVNU]\Gã OLVWZ\ Gã PP OLVWZD Gã PP NRPSOHW GR GU]ZL GZXVNU]\GãRZ\FK OLVWZ\ Gã PP NRPSOHW GR GU]ZL MHGQRVNU]\Gã OLVWZ\ Gã PP OLVWZD Gã PP NRPSOHW GR GU]ZL GZXVNU]\GãRZ\FK OLVWZ\ Gã PP

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/& )

IROLRZDQD (&2 723 PDORZDQD

ODNLHU 89

/& 2

IRUQLURZDQD

18 24 35

23

/& 0

ODNLHU 89

/& 5

5HWUR /LPED

52 73

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

ODNLHU 89

/' 2

IRUQLURZDQD

ODNLHU 89

/' 5

5HWUR /LPED

91

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/' 0

IROLD ELDãD

53

/' )

IROLD GUHZQRSRGREQD

53

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/' 0

IROLD ELDãD

/' )

IROLD GUHZQRSRGREQD (&2 723

31 31 48

37 37 81

/,67:$ 2:$/1$ /&

/,67:$ 0$6.8-ć&$ /'

/,67:$ 0$6.8-ć&$ /'

/,67:$ 0$6.8-ć&$ /'

ODNLHU 89

/' 2

IRUQLURZDQD

ODNLHU 89

/' 7

%8(12 7$1*$1,.$ 6$+$5$ .21*2 QHUR PDUURQH JUDÀW

ODNLHU 89

/' 5

5HWUR /LPED

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/' 0

IROLD ELDãD

/' )

IROLD GUHZQRSRGREQD (&2 723

49 49

ODNLHU 89

/' 2

IRUQLURZDQD

40 40 48

ODNLHU 89

/' 5

5HWUR /LPED QHUR PDUURQH JUDÀW

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/' 2

IRUQLURZDQH GĈE HXURSHMVNL KHEDQ MDVQ\ RU]HFK FLHPQ\ RU]HFK

150

224

/,67:$ 0$6.8-ć&$ /'

/,67:$ 0$6.8-ć&$ 12%/( /' ODNLHU 89

.RPSOHW ]DZLHUD OLVWZ\ SLRQRZH R JUXERĤFL PP L OLVWZč SR]LRPĈ R JUXERĤFL PP

/,67:$ 0$6.8-ć&$ 12%/( /' ODNLHU 89

V\PERO

URG]DM Z\NRęF]HQLD

]D NRPSOHW GR MHGQRVNU]\Gã

]D NRPSOHW GR GZXVNU]\Gã

/' 2

IRUQLURZDQH GĈE HXURSHMVNL KHEDQ MDVQ\ RU]HFK FLHPQ\ RU]HFK

207

.RPSOHW ]DZLHUD OLVWZ\ SLRQRZH R JUXERĤFL PP L OLVWZč SR]LRPĈ R JUXERĤFL PP

=$:,$6< GR GU]ZL ZHZQĈWU]ORNDORZ\FK V\VWHP SU]\OJRZ\

]DZLDV F]RSRZ\ ZNUčFDQ\ W\S $

V\VWHP EH]SU]\OJRZ\

]DZLDV F]RSRZ\ ZNUčFDQ\ W\S %

V\VWHP EH]SU]\OJRZ\ ]DZLDV W\S + ]D GRSãDWĈ ]ã ]ã ]D NRPSOHW V]W

100

V\VWHP SU]\OJRZ\

V\VWHP SU]\OJRZ\

]DZLDV F]RSRZ\ ZNUčFDQ\ W\S &

V\VWHP EH]SU]\OJRZ\ ]DZLDV W\S ) ),6.$56 1

]DZLDV 6)6

V\VWHP SU]\OJRZ\

]DZLDV F]RSRZ\ ZNUčFDQ\ W\S '

V\VWHP SU]\OJRZ\

35232=<&-( 32âć&=(1,$ /,67(:

]DZLDV F]RSRZ\ ZNUčFDQ\ W\S .


$.&(625,$ =$0(. +$.2:< GR GU]ZL SU]HVXZQ\FK

8&+:<7< GR GU]ZL VNãDGDQ\FK

VWDQGDUG

RSFMD ]DPHN :. FKURP FKURP VDW\QD ]ãRW\ ]ãRW\ PDW SDW\QD

8&+:<7< GR GU]ZL VNãDGDQ\FK

RSFMD

PRVLčİQH

]ãRW\ ]ãRW\ VDW\QD SDW\QD

PP

PP

] WZRU]\ZD V]WXF]QHJR

2 ELDã\

120

2 EHİ

2 V]DU\

2 EUĈ]

2 ]ãRW\

79

2 SDW\QD

2 ]ãRW\ VDW\QD

FKURP VDW\QD FKURP

FHQD XFKZ\WyZ RSFMRQDOQ\FK GR GU]ZL VNãDGDQ\FK L SU]HVXZQ\FK SRGDQD MHVW ]D NSO V]W

129

2 FKURP

2 FKURP VDW\QD

8&+:<7< GR GU]ZL SU]HVXZQ\FK QLNLHO VDW\QD

8 ]ãRW\ PDW

8 FKURP

8 FKURP VDW\QD

8 SDW\QD

PP

8 ]ãRW\

PP

PP

QLNLHO VDW\QD

]ãRW\ ]ãRW\ PDW FKURP FKURP VDW\QD SDW\QD

99 8FKZ\W 0$<$

8FKZ\W (17(52

ZNãDGND [ QHWWR EUXWWR

8FKZ\W

:. GR NOXF]D :% GR ZNãDGNL :& GR EORNDG\ ãD]LHQNRZHM

:. :% :&

299 299 385

8FKZ\W :&

119 322

6$02=$0<.$&= Z\PDJDQH Z]PRFQLHQLH SRG VDPR]DP\NDF] RUD] Z]PRFQLHQLH SRG RSDVNĈ RĤFLHİQLF\ 6$02=$0<.$&= FHQD RG

129 280

$6<67(17 27:,(5$1,$

6$02=$0<.$&= .5<7<

86=&=(/.$ 23$'$-ć&$

3159

819

130

(, (, (,

]DNXS OX]HP

180

NRORU\VW\ND VUHEUQ\ ELDã\ EUĈ]

]DPRQWRZDQD Z GU]ZLDFK

2'%2-1,., '5=:,2:( 7<3 32'â2*2:<

7<3 32'â2*2:<

7<3 32'â2*2:<

7<3 32'â2*2:<

PRVLĈG] QLNLHO FKURP EUĈ]

]ãRW\ ]ãRW\ PDW SDW\QD FKURP FKURP PDW

]ãRW\ ]ãRW\ PDW SDW\QD FKURP FKURP PDW

PRVLĈG] QLNLHO FKURP EUĈ]

25

25

25

25

26â21., 1$ =$:,$6< 7<3 , .RORU\ ]ãRW\ ]ãRW\ VDW\QD FKURP FKURP PDW SDW\QD

26â21., 1$ =$:,$6< 7<3 ,, NSO V]W QD MHGHQ ]DZLDV

10

2VãRQNL W\S , VWRVRZDQH VĈ GR ]DZLDVyZ W\S & RUD] W\S . .RPSOHW RVãRQHN QD MHGHQ ]DZLDV VNãDGD VLč ] GZyFK MHGQDNRZ\FK RVãRQHN

&HQ\ ]ã 1(772 EUXWWR 9$7

.RORU\ ELDã\ EUĈ] ]ãRW\ ]ãRW\ VDW\QD FKURP FKURP PDW SDW\QD

8

2VãRQNL W\S ,, VWRVRZDQH VĈ GR ]DZLDV W\S $ W\S % W\S ' .RPSOHW RVãRQHN QD MHGHQ ]DZLDV VNãDGD VLč ] RVãRQNL NUyWNLHM F]čĤþ JyUQD RUD] RVãRQNL GãXJLHM F]čĤþ GROQD

101


;

;

; ; ; ; ; ; ; ; ; ;

;

;

; ; ; ; ; ; ; ; ; ;

; ; ; ; ; ; ; ; ; ;

; ; ; ;

; ; ; ;

; ; ; ;

; ;

; ;

; ; ; ;

; ; ; ;

; ; ; ; ; ; ; ; ; ; ; ; ;

; ;

; ;

; ; ; ; ; ; ; ; ; ; ; ; ;

; ; ;

; ; ;

; ; ;

; ; ;

; ; ;

;

;

;

SRGFLčFLH W\ONR Z V]HURNRĤFLDFK Å µ Å µ Z V]HURNRĤFL Å µ VWDQGDUGRZR WXOHMH

;

;

;

SRGFLčFLH W\ONR Z V]HURNRĤFLDFK Å µ Å µ Z V]HURNRĤFL Å µ VWDQGDUGRZR WXOHMH

; ; ; ; ;

; ; ; ; ;

; ; ; ;

; ;

;

;

; ; ;

;

;

;

; ; ; ; ; ;

; ; ; ; ;

; ; ; ; ;

QLHUG]HZQHM

KUDWND ]H VWDOL

;

; ; ; ; ; ; ; ; ; ;

KUDWND ] WZRU]\ZD

;

; ; ; ; ; ; ; ; ; ;

6(035(

;

),(67$

7XOHMH PRVLčİQH 7. ; ; ; ; ; ; ; ; ;

; ;

; ; ; ; ; ;

; ; ; ; ; ; ; ; ;

VWDQGDUG

7XOHMH 71 71

UDPLDND SU]HG ZLOJRFLĈ

(7,8'$ $ % (7,8'$ Z]yU % % ),25' )250 *5$1' ,038/6 ,038/6 ,17(562/,' ,17(562/,' ,, ,17(562/,' 62)7 .21*2 /80(1 0,/(1,80 02'(51 12%/( , 12%/( ,, 3$662 3$662 $/72 3â<72:( 48$7752 62)7 6$%,$ 6$+$5$ 6.â$'$1( 7$1*$1,.$ 9(1$ 9(572 9,7725,$ : IRUQLURZDQD ,17(5 $0%(5 *5$9, 6(035( /X[ 6(035( 6(16( 6(035( ,16(572 6(035( 6(035( $/8 6(035( )LRUL 6(035( 9(56( NRORU\VW\ND /DPLVWRQH NRORU\VW\ND 6LONVWRQH 6,03/( $6725 *5$) +$33< / 352-(.7

ZDEH]SLHF]HQLH GROQHJR

; ; ; ; ; ;

PRGFLčFLH ZHQW\ODF\MQH

; ; ; ; ; ;

PRGFLčFLH ZHQW\ODF\MQH

; ;

PRGFLčFLH ZHQW\ODF\MQH

7XOHMH PRVLčİQH 7 7

; ;

7XOHMH WZRU]\ZRZH 7 7

; ;

7XOHMH WZRU]\ZRZH 7

$5*(17 %8(12 &$/<362 &/$66,& &/$66,& /8; '(&2 '(&2 /8; '(&2 62)7 '<1$0,& (7,8'$ % %

7XOHMH WZRU]\ZRZH 7 7

7XOHMH WZRU]\ZRZH 7. 7.

63262%< 52=:,ć=$1,$ :(17</$&-, : '5=:,$&+ 32/ 6.21(

7XOHMH WZRU]\ZRZH 7 7 7 7 7 7 7 7 7 7

23&-( :(17</$&-,

; ;

; ;

; ;

; ; ; ; ; ;

; ; ; ; ; ;

; ; ; ; ; ; ;

;

;

;

;

; ; ; ; ;

; ; ; ; ; ; ; ; ; ;

; ; ; ; ; ; ; ; ; ;

; ; ; ; ;

; ; ; ;

; ; ; ;

; ; ; ;

; ;

; ;

; ;

;

;

;

; ;

; ;

; ;

; ; ;

; ; ;

; ; ;

;

; ; ; ; ; ; ;

; ; ; ;

; ; ; ; ;

; ;

;

; ; ;

;

; ; ; ;

; ; ; ; ;

;

; ; ; ; ;

8:$*,

QLH GRW\F]\ V]HURNRĤFL Å µ ZH Z]RUDFK

W\ONR Z ZHUVML E W\ONR Z V]HURNRĤFLDFK Å µ Å µ Å µ NUDWND ZHQW\ODF\MQD W\ONR GOD VWDQGDUGRZHM Z\VRNRĤFL

NUDWND ZHQW\ODF\MQD W\ONR Z V]HURNRĤFLDFK Å µ Å µ Å µ

; ; ; ;

SRGFLčFLH GRVWčSQH W\ONR ZH Z]RUDFK L L[ NUDWND ZHQW\ODF\MQD W\ONR Z V]HURNRĤFLDFK Å µ Å µ NUDWND ZHQW\ODF\MQD W\ONR Z V]HURNRĤFLDFK Å µ Å µ

QLH GRW\F]\ V]HURNRĤFL Å µ W\ONR Z PRGHOX FODVVLF SRGFLčFLH GRVWčSQH W\ONR ZH Z]RUDFK L LY

; ; ; ; ;

QLH GRW\F]\ Z]RUX V V

GRW\F]\ VNU]\GHã 6(035( Z NRORU\VW\FH GRVWčSQHM Z NDWDORJX

32'&,Č&,( :(17</$&<-1( ),(67$ 12%/(

67$1'$5'

SRGFLčFLH ZHQW\ODF\MQH Z VNU]\GãDFK EH]SU]\OJRZ\FK ] NROHNFML ),(67$ · L 12%/( GRSãDWD ]ã ]ã

SRGFLčFLH ZHQW\ODF\MQH Z VNU]\GãDFK SU]\OJRZ\FK IRUQLURZDQ\FK GRSãDWD ]ã ]ã SRGFLčFLH ZHQW\ODF\MQH Z SR]RVWDã\FK ZHUVMDFK VNU]\GHã GRSãDWD ]ã ]ã

3U]\ V]W WXOHL SRZLHU]FKQLD RWZRUyZ GOD GRSã\ZX SRZLHWU]D SU]\ Å µ Z\QRVL P

3U]\ V]W WXOHL SRZLHU]FKQLD RWZRUyZ GOD GRSã\ZX SRZLHWU]D SU]\ Å µ Z\QRVL P

WXOHMH ZHQW\ODF\MQH Z VNU]\GOH

GRGDWNRZ\ U]ĈG WXOHMHN ZHQW\ODF\MQ\FK Z VNU]\GOH

6(035(

9(572 /80(1

SRGFLčFLH ZHQW\ODF\MQH Z VNU]\GãDFK /8 0(1 9(572 Z\EUDQH PRGHOH GRSãDWD ]ã ]ã

SRGFLčFLH ZHQW\ODF\MQH Z VNU]\GãDFK 6(035( GRSãDWD IRUQLURZDQH ]ã ]ã SR]RVWDãH ZHUVMH VNU]\GHã ]ã ]ã

VNU]\GãR 6(035( Å µ ] SRGFLčFLHP ZHQW\ODF\MQ\P

VNU]\GãR 6(035( Å µ ] SRGFLčFLHP ZHQW\ODF\MQ\P

.5$7., :(17</$&<-1( ] WZRU]\ZD V]WXF]QHJR

ELDã\

15

]H VWDOL QLHUG]HZQHM

EHİ

15

2SFMRQDOQLH PRİOLZRĤþ ]DPyZLHQLD NUDWHN L SDQHOL ]H VWDOL QLHUG]HZQHM 3RZLHU]FKQLD RWZRUyZ GOD GRSã\ZX SRZLHWU]D Z\QRVL SRZ\İHM P

EUĈ]

15

+ PRFRZDQLH QD ]DWU]DVNL NZDVRRGSRUQD PRFRZDQLH QD ]DWU]DVNL

129

=JRGQLH ] 5R]SRU]ĈG]HQLHP 0LQLVWUD ,QIUDVWUXNWXU\ ] GQLD NZLHWQLD U Z VSUDZLH ZDUXQNyZ WHFKQLF]Q\FK MDNLP SRZLQQ\ RGSRZLDGDþ EXG\QNL L LFK XV\WXRZDQLH '] 8 ] U SR] ] SyĮQLHMV]\PL ]PLDQDPL '] 8 1U ] U SR] '] 8 1U ] U SR] 5R]G]LDã Å'U]ZL GR ãD]LHQNL XP\ZDOQL L Z\G]LHORQHJR XVWčSX SRZLQQ\ RWZLHUDþ VLč QD ]HZQĈWU] SRPLHV]F]HQLD PLHþ ] ]DVWU]HİHQLHP XVW FR QDMPQLHM V]HURNRĤþ P L Z\VRNRĤþ P Z ĤZLHWOH RĤFLHİQLF\ D Z GROQHM F]čĤFL ² RWZRU\ R VXPDU\F]Q\P SU]HNURMX QLH PQLHMV]\P QLİ P GOD GRSã\ZX SRZLHWU]Dµ

102


23&-( :(17</$&-, 78/(-( :(17</$&<-1( NSO V]W

U]ĈG WXOHMHN V]W

U]ĈG WXOHMHN V]W

89 T5

T7

T6

FKURP

SDW\QD

FKURP VDW\QRZDQ\

159

7 ]ãRW\ VDW\QRZDQ\

T8

]ãRW\

TK5

FKURP PDW

U]ĈG WXOHMHN V]W

74 71 FKURP PDW

71 FKURP SRã\VN

71 QLNLHO VDW\QD

71 HIHNW VWDOL V]ODFKHWQHM

71 SDW\QD

78/(-( :(17</$&<-1( ] WZRU]\ZD V]WXF]QHJR NSO V]W

U]ĈG WXOHMHN V]W

59 7. QLNLHO VDW\QD

7. FKURP VDW\QD

7. ]ãRW\ VDW\QD

U]ĈG WXOHMHN V]W

19 7 ]ãRW\

7 EHİ

7 EUĈ]

T4

ELDã\

7 ZLĤQLD

7 MDVQ\ EUĈ]

7 İyãW\ WHUUD

7 MDVQ\ EHİ

7 V]DU\

7 F]DUQ\

/$0,6721(

78/(-( :(17</$&<-1( ] WZRU]\ZD V]WXF]QHJR NSO V]W ,038/6 (7,8'$ ,17(5 $0%(5 *5$9,

7 ELDã\ GĈE

7 ]ãRW\ GĈE

7 7 F]DUQ\ GĈE RU]HFK SUHPLXP

7 VRVQD VHSLD

7 JUXV]D

7 GĈE

7 EXN EDZDULD

7 FDOYDGRV

7 ODWWH

7 NDUPHO

7 F]HNRODGD

7 MDEãRę

7 ZHQJH

7 ĤOLZD

7 V]DIUDQ

7 F\QDPRQ

7 LPELU

6,/.6721(

*5$9,6721(

(&2 723

7 VRVQD SDW\QD

7 WHDN

7 7 7 RU]HFK NDXNDVNL RU]HFK ZãRVNL ZLĤQLD MDSRęVND

7 PDODJD

7 GĈE FRXQWU\

U]ĈG WXOHMHN V]W

7 GĈE 5R\DO

7 RU]HFK 5R\DO

&HQ\ ]ã 1(772 EUXWWR 9$7

7 NDV]WDQ 5R\DO

7 DQWUDF\W 5R\DO

7 MHVLRQ 5R\DO

7 PHUEDX 5R\DO

7 GĈE SROVNL

7 NDV]WDQ DQW\F]Q\

7 RU]HFK DQW\F]Q\

44 103


52'=$-( 6=.â$

GRSãDW\ GR FHQ VNU]\GHã OXE GU]ZL MHGQRVNU]\GãRZ\FK GR GU]ZL GZXVNU]\GãRZ\FK FHQD [

QLH GRW\F]\ PRGHOL )250 12%/( ,038/6 NROHNFML ),(67$ (7,8'$ $ $ *5$9, 6(035( +$33<

JUXERĤþ V]\E\ PP

*583$ ,

KP

AT

.%

.85$

EH]EDUZQD EUĈ]

&5

&3

$7/$17,&

EH]EDUZQD EUĈ]

:'

&5(3,

&%

&+,1&+,/$

%%

:$7(5 '523

*â$'.,( %(=%$5:1( 35=(=52&=<67(

*583$ ,,

07

0$57(/(

*583$ ,,,

PS

32,17 6

*583$ ,9 JUXERĤþ V]\E\ PP VWDQGDUG Z GU]ZLDFK 12%/( L ,038/6

0&

0$67(5 &$55(

104

$/

$/,*2

EH]EDUZQH

/.

%,

/$.20$7

%5

0$72:(

ELDã\ PDW EUĈ] PDW


52'=$-( 6=.â$ JUXERĤþ V]\E\ PP

9$

9%

%,5$,1

9(

9&

&5266(' )8==<

9)

75((

9,

'5236

67$&&$772

9'

%/85

9*

%,/$85(/

9+

0(5/(772

SU]H]URF]\VWH

9-

0(5/(772 VDW\QD

:(('

GRVWčSQH W\ONR Z PRGHODFK 9(572 /80(1 6(035( 9HUVH Z]yU : 9$ : 9& : 9* : 9,

52'=$- 6=./(1,$

*583$ ,

*583$ ,,

*583$ ,,,

*583$ ,9

PDãD V]\ED ,17(5 $0%(5 ZHUVMD $

20

20

32

'XİD V]\ED V]\E 9$5,2 ZHUVMD $ ' ,17(5 $0%(5 ZHUVMD %6 $6 $60 6,03/( ZHUVMD

V]\E V]\E

MHGQD V]\ED GR ),25' 0 6

9$5,2 ZHUVMD % & ' 48$7752 7$1*$1,.$ 6$+$5$ .21*2 *5$) 6,03/( ZHUVMD ,17(5 $0%(5 ZHUVMD & ' ( )

38

&(1< '5=:, 6.5=<'(â :(:1ć75=/2.$/2:<&+ 35=</*2:<&+ 2%1,į$ 6,Č : 35=<3$'.8 5(=<*1$&-, = 26=./(1,$ 15 ]ã

&HQ\ ]ã 1(772 EUXWWR 9$7

105


%8/$-(

.RQLHF]QRฤครพ ]DPDZLDQLD Sรฃ\W\ ZLyURZHM SU]\ ]DVWRVRZDQLX EXODMD

6]NรฃR PDWRZH Z VWDQGDUG]LH KRQLHF]QRฤครพ ]DPDZLDQLD Sรฃ\W\ ZLyURZHM SU]\ ]DVWRVRZDQLX EXODMD ZLGRN RG VWU ]DZLDVyZ

UHZHUV

%0'

ZLGRN RG VWU ]DZLDVyZ

UHZHUV

%0-

ZLGRN RG VWU ]DZLDVyZ

UHZHUV

%01

$5*(17

%0' %0- %01

7</.2 : :(56-$&+

%8(12

%0' %0- %01

&/$66,&

%0' %0- %01

&/$66,& /8;

%0' %0- %01

'(&2

%0' %0- %01

'(&2 /8;

%0' %0- %01

189

EXODM ย PP JUXERฤครพ PP

250 VWDO QLHUG]HZQD

EXODM ย PP JUXERฤครพ PP

300 V]NรฃR ODNRPDW

'(&2 62)7

%0' %0- %01

EXODM ย PP JUXERฤครพ PP

350

'<1$0,&

%0' %0- %01

(7,8'$ %

%0' %0- %01

PDW

)250

%5

EXODM ย PP JUXERฤครพ PP

199

*5$1'

%0' %0- %01

EXODM ย PP JUXERฤครพ PP

280 VWDO QLHUG]HZQD

*5$9,

%0' %0- %01

EXODM ย PP JUXERฤครพ PP

325 V]NรฃR ODNRPDW

,038/6

%0' %0- %01

7</.2 : :(56-,

EXODM ย PP JUXERฤครพ PP

380

,17(5 $0%(5

%0' %0- %01

7</.2 : :(56-, $

PDW

7</.2 :

,17(562/,'

%5

7</.2 :

,17(562/,' ,,

%5

7</.2 :

%5

7</.2 :

EXODM ย PP JUXERฤครพ PP

,17(562/,' 62)7

EXODM ย PP JUXERฤครพ PP

299 VWDO QLHUG]HZQD

.21*2

%0' %0- %01

EXODM ย PP JUXERฤครพ PP

350 V]NรฃR ODNRPDW

/ 352-(.7

%0' %0- %01

EXODM ย PP JUXERฤครพ PP

399

0,/(1,80

%0' %0- %01

7</.2 :

02'(51

%5

7</.2 :

3รข<72:(

%0' %0- %01

6$+$5$

%0' %0- %01

6,03/(

%0' %0- %01

PDW

EXODM ย PP JUXERฤครพ OXE PP 450 ย PP PP

8:$*,

EXODM ย PP JUXERฤครพ PP

EXODM ย PP JUXERฤครพ OXE PP 300 VWDO QLHUG]HZQD PDW FKURP PRVLฤ G] EXODM ย PP JUXERฤครพ OXE PP 500 V]NรฃR ODNRPDW

%5

%8/$-( 7</.2 : :(56-$&+ 3(รข1<&+

02'(/( '5=:,

'2 '5=:, :(:1ฤ 75=/2.$/2:<&+

7$1*$1,.$

7</.2 : :(56-$&+ $ % &

%0' %0- %01

9(1$

ย PP

7</.2 : :(56-$&+ $ % &

7</.2 : :(56-$&+ $ % &

%0' %0- %01

7</.2 :

%XODMH Z\NOXF]RQH Z SR]RVWDรฃ\FK PRGHODFK GU]ZL

./$0., 5RG]DM NODPNL '<1$0,& V]\OG SRGรฃXฤฐQ\ '<1$0,& V]\OG G]LHORQ\ ./$5$ V]\OG G]LHORQ\ ./$5$ V]\OG SRGรฃXฤฐQ\ /$9,1,$ :,1* V]\OG SRGรฃXฤฐQ\ :,1* V]\OG G]LHORQ\ $5&86 0(16$ $;$ 1(5,6 5 ,0$*( 2 ,12; ,0$*( 45 /8&.< (17(52 (175< 75,1,7< 7(55< 0< 35,02 ,, 35(67,*( *$5'$ -$1( 6,*0$ 48$'5$ &$5%2 /$7,12 3$662 7:,67 /,1($ 6$%,$ &58; $,'$ (51$1, 75$9,$7$ 3$/(502 35(0,80 648$5( 6(035( *5$9, $6725 $1'520('$ 9(56$

140

'U]ZL ZHZQฤ WU] ORNDORZH [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [

NODPNL PRJฤ E\รพ ]DVWRVRZDQH SR ]DPLDQLH ฤคUXE QD ZNUฤ W\ [ PP RUD] WU]SLHQLD QD GรฃXฤฐV]\ PP W\ONR ] ]DPNLHP VWDQGDUGRZ\P NODPNL PRJฤ E\รพ ]DVWRVRZDQH SR ]PLDQLH WU]SLHQLD QD GรฃXฤฐV]\ PP NODPND QLH PRฤฐH E\รพ VWRVRZDQD Z 25,21 : RUD] Z GU]ZLDFK ] ZรฃyNQD ] ]DPNLHP ),;

)5 (,

)5 (, 65

)5 (,

)5 (,

[ [ [ [ [ [ [

[ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [

[ [

[ [ [

[ [ [ [

[

[

[

[ [ [ [ [ [

[

[ [ [ [

[

[

[ [ [ [ [

[

[

[

[

[ [ [ [

65 '\PRV] F]HOQH [

[ [ [ [

[

[

[ [ [ [ [ [ [ [ [ [ [ [

[ [

[ [ [

25,21 :รขร .1$

&(5%(5 ,,

&(5%(5 ,, '%

% &

125',&

(/(*$17

[ [ [

[ [

[ [ [ [ [ [

[ [ [ [ [ [

[ [

[ [ [

[


./$0., =(67$:,(1,( :.â$'(.

:LOND

[

[

[ *

:LOND

*[

:LOND

[

[

:LOND

[

*[

:LOND

[ *

:LOND

[ *

:LOND

[ *

:LOND

[ *

:LOND

[ *

:LOND

[ *

:LOND

*[

:LOND

[

[

] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL RUD] NODPND *DUGD ] ]DEH]SLHF]HQLHP ZNODGNL

] NODPNĈ 3ULPR ,,

] NODPNĈ 3ULPR ,,

] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL RUD] NODPND *DUGD ] ]DEH]SLHF]HQLHP ZNODGNL

] NODPNĈ 3ULPR ,, [

RWZLHUDQH QD ]HZ

[

[

RWZLHUDQH GR ZHZ

[

RWZLHUDQH QD ]HZ

:LOND

RWZLHUDQH GR ZHZ

*[

(/(*$17

ZV]\VWNLH ZHUVMH RSUyF] ] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL RUD] NODPND *DUGD ] ZHUVMD ]DEH]SLHF]HQLHP ZNODGNL

ZHUVMD

/2%

125',&

ZV]\VWNLH ZHUVMH RSUyF]

[

RWZLHUDQH QD ]HZ

RWZLHUDQH GR ZHZ

/2%

RWZLHUDQH QD ]HZ

[

% &

RWZLHUDQH GR ZHZ

RWZLHUDQH QD ]HZ

/2%

RWZLHUDQH GR ZHZ

[

] NODPNĈ 3ULPR ,,

/2%

[

] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL

&(5%(5 ,, '%

] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL

/2%

[

[

] NODPNĈ 3ULPR ,,

[

[

RWZLHUDQH QD ]HZ

RWZLHUDQH QD ]HZ

RWZLHUDQH GR ZHZ

'R GĮZLJQL DQW\SDQLF]QHM

[

)5 (,

[

/2%

)5 (,

/2%

[

/XPHQ

[

EH]SU]\OJRZH

MHGQRVNU]\GãRZH

GZXVNU]\GãRZH

/S

3URGXFHQW

65 '\PRV]F]HOQH

] NODPNĈ 3UHVWLJH ] ]DEH]SLHF]H QLHP RUD] EH] ]DEH]SLHF]HQLD ZNãDGNL

&(5%(5 ,,

5R]PLDU ZNãDGNL

)5 (, 65 QRZD NRQVWUXNFMD

)5 (, 65 QRZD NRQVWUXNFMD

25,21

RWZLHUDQH GR ZHZ

'U]ZL ZHZQĈWU]OR NDORZH

[

[ [

[ [ [ [ [

[ [

[ [ [ [ [ [

[ [

[

:,=-(5<

GU]ZL ZHZQĈWU]ORNDORZH 2ULRQ :ãyNQD &HUEHU ZL]MHU /2% R ]DNUHVLH PP GU]ZL WHFKQLF]QH ZL]MHU 3DQRUDPD R ]DNUHVLH PP GU]ZL ]HZQčWU]QH 1RUGLF ZL]MHU 3DQRUDPD R ]DNUHVLH PP 125',& Z]yU NODPND 3ULPR ,, *DUGD 3UHVWLJH ]H ĤUXEDPL PP NODPND *DUGD ] WU]SLHQLHP PP

$1'520('$ V]\OG G]LHORQ\

NRORU .ODPND :. :% :&

QLNLHO V]F]RW NRZDQ\

FKURP

42 9 20

45 10 22

$5&86

FKURP VDW\QRZ\

44 10 22

9(56$ V]\OG G]LHORQ\

NRORU

.ODPND

:. :%

:&

UR]VWDZ PP

QLNLHO VDW\QRZ\

48 12 22

QLNLHO V]F]RW NRZDQ\

13 22

NRORU .ODPND :. :% :&

&HQ\ ]ã 1(772 EUXWWR 9$7

48 12 22

QLNLHO V]F]RWNRZDQ\

48 13 22

48 12 22

0(16$

V]\OG G]LHORQ\

QLNLHO VDW\QRZ\

FKURP VDW\QRZ\

V]\OG G]LHORQ\

NRORU

.ODPND

:. :%

:&

FKURP

54 11 20

FKURP VDW\QRZ\

PRVLĈG] DQW\F]Q\

55 12 22

57 13 22

141


&58;

$,'$ V]\OG G]LHORQ\

QLNLHO VDW\QRZ\

FKURP VDW\QRZ\

PRVLĈG] DQW\F]Q\

45 10 22

45 10 22

47 10 22

NRORU .ODPND :. :% :&

V]\OG G]LHORQ\

FKURP FKURP VDW\QD

NRORU

.ODPND

5R]HWD :. :%

5R]HWD :&

205 38

75$9,$7$

(51$1,

V]\OG G]LHORQ\

V]\OG G]LHORQ\

FKURP FKURP VDW\QRZ\

NRORU

117 38

.ODPND 5R]HWD :. :%

5R]HWD :&

]ãRW\ ]ãRW\ VDW\QRZ\

98 35 51

FKURP FKURP VDW\QD

NRORU

.ODPND

5R]HWD :. :%

5R]HWD :&

211 53 92

'<1$0,&

'<1$0,&

UR]VWDZ PP V]\OG SRGãXİQ\

V]\OG G]LHORQ\

]ãRW\

NRORU

51

:. :%

72 89

:&

FKURP

./$5$

SDW\QD

55

NRORU

:. :%

:&

/$9,1,$

UR]VWDZ PP

QLNLHO SDW\QD

]ãRW\

38 52 52

:. :% :& GR OHZ\FK :& GR SUDZ\FK

48 59 59

NRORU .ODPND

5R]HWD :. :%

32

5R]HWD :&

50 59

SDW\QD

48 57

V]\OG G]LHORQ\

FKURP QLNLHO

44 49

FKURP

:,1*

V]\OG G]LHORQ\

V]\OG SRGãXİQ\

NRORU

]ãRW\

]ãRW\ ]ãRW\ VDW SDW\QD

NRORU

FKURP

FKURP PDW

:. :%

:&

72

85

72 90

8:$*$ ² UyİQH ZHUVMH :& Z ]DOHİQRĤFL RG NLHUXQNX RWZLHUDQLD GU]ZL

:,1*

$;$

UR]VWDZ PP V]\OG SRGãXİQ\

]ãRW\ ]ãRW\ VDW

NRORU

39

:. :% :& GR OHZ\FK :& GR SUDZ\FK

V]\OG G]LHORQ\

QLNLHO SDW\QD

47 57 57

:. :%

:&

) FKURP

) ]ãRW\

ELDã\

NRORU

18 24

22 30

) SDW\QD

) W\WDQ

27 32

8:$*$ ² UyİQH ZHUVMH :& Z ]DOHİQRĤFL RG NLHUXQNX RWZLHUDQLD GU]ZL

1(5,6 5

,0$*( 45

,0$*( 2 ,12; V]\OG G]LHORQ\

V]\OG G]LHORQ\

QLNLHO

NRORU

131 131

:. :% :&

NRORU

:.

:%

:&

V]\OG G]LHORQ\

QLNLHO

140 140 173

.ODPND

5R]HWD :. :%

5R]HWD :&

13 41

./$5$ ]ãRW\

.ODPND 5R]HWD :. :% 5R]HWD :&

40 12 29

(17(52

QLNLHO SDW\QD

48 13 31

V]\OG G]LHORQ\

NRORU

:. :%

:&

(175<

NRORU :. :% :&

142

289 349

W\WDQ

379 439

QLNLHO VDW

249 289

W\WDQ

299 399

75,1,7<

V]\OG G]LHORQ\

QLNLHO PDWRZLRQ\

/8&.<

V]\OG G]LHORQ\

NRORU

LQR[

NRORU

V]\OG G]LHORQ\

NRORU .ODPND

QLNLHO PDW

389

5R]HWD :. :%

5R]HWD :&

145

W\WDQ

449 85 155

:. GR NOXF]D :% GR ZNãDGNL :& GR EORNDG\ ãD]LHQNRZHM

V]\OG G]LHORQ\

QLNLHO PDW

NRORU

349

.ODPND

5R]HWD :. :%

5R]HWD :&

145

W\WDQ

399 85 155

&HQ\ ]ã 1(772 EUXWWR 9$7


0<

7(55<

3$/(502

V]\OG G]LHORQ\

V]\OG G]LHORQ\

.ODPND :. :%

72

.ODPND :&

QLNLHO PDW

NRORU

QLNLHO

NRORU

349

.ODPND

V]\OG G]LHORQ\

W\WDQ

5R]HWD :. :%

5R]HWD :&

145

399 85 155

QLNLHO PDWRZLRQ\

NRORU

:. :%

:&

349 428

W\WDQ

428 499

.ODPNL GR GU]ZL ]HZQčWU]Q\FK -$1(

6,*0$ FKURP QLNLHO

NRORU

EUĈ] JUDÀDWR

.ODPND

5R]HWD :. :%

27 15

27 15

5R]HWD :&

./$6$ , VWDUH ]ãRWR

NRORU

74 29

KODPND NODPND QD V]\OG]LH

5R]HWD JyUQD

VWDUH ]ãRWR

NRORU

139 45

5R]HWD JyUQD

48$'5$ NRORU KODPND SRFKZ\W QD V]\OG]LH

5R]HWD JyUQD

VWDUH ]ãRWR

W\WDQ

139 148 45

W\WDQ

139 45

FKURP

.ODPND

79

5R]HWD GR ZNãDGNL GR GROQHJR ]DPND NSO V]W

5R]HWD GR ZNãDGNL GR JyUQHJR ]DPND NSO V]W

29

39

29

39

UR]VWDZ PP

NRORU

]ãRW\

./$0.$ ./$0.$

NODV\ &

153

NODV\ & ] ]DEH]SLHF]HQLHP ZNãDGNL

174

./$0.$ *$â.$

NODV\ &

NODV\ & ] ]DEH]SLHF]HQLHP ZNãDGNL

184

52=(7$

FKURP

NODV\ &

80

NODV\ & ] ]DEH]SLHF]HQLHP ZNãDGNL

101

*$5'$

UR]VWDZ PP

NRORU

) FKURP ) ]ãRW\

ZL]MHU ] QDGUXNLHP 'HG\NRZDQ\ GR GU]ZL ZHMĤFLRZ\FK &(5%(5 ,, :L]MHU GRVWčSQ\ Z NV]WDãWDFK RGSR ZLDGDMĈF\FK NODPNRP *DUGD L 3UHVWLJH .RORU VUHEUQ\ ) ]ãRW\ )

50 8:$*$ 'R GU]ZL 125',& Z]yU QLH]EčGQ\

]ãRW\

NRORU

35(67,*(*

.ODPND NODV\ & ] ]DEH]SLHF]HQLHP ZNãDGNL 5R]HWD NODV\ & ] ]DEH]SLHF]HQLHP ZNãDGNL

35,02 ,,

./$6$ ,,,

139 148 45

W\WDQ

74 29

./$6$ ,,, KODPND NODPND QD V]\OG]LH

KODPND NODPND QD V]\OG]LH

1DGUXN ZH ZãDVQ\P ]DNUHVLH Z\NRQ\ ZDQ\ SU]H] .OLHQWD

NRPSOHW DGDSWDF\MQ\ GR NODPNL 35,02 ,, 35(67,*( ĤUXE\ PP

NRPSOHW DGDSWDF\MQ\ GR NODPNL *$5'$ ĤUXE\ PP WU]SLHę PP

&HQ\ ]ã 1(772 EUXWWR 9$7

143


.ODPNL 6(035(

*5$9, V]\OG G]LHORQ\

V]\OG G]LHORQ\

QLNLHO

NRORU

.ODPND

5R]HWD :. :%

5R]HWD :&

23

5R]HWD :. :%

5R]HWD :&

23

V]\OG G]LHORQ\ V]\OG G]LHORQ\

224 52 87

.ODPND 5R]HWD :. :% 5R]HWD :&

QLNLHO VDW\QD

NRORU

FKURP

NRORU

479

NODPND UR]HWD :%

398

479

NODPND UR]HWD :&

492

585

/,1($ V]\OG G]LHORQ\

NRORU

'2 '5=:, :(:1ć75=/2.$/2:<&+

NODPND UR]HWD :. UR]HWD :% UR]HWD :&

UR]HWD :% UR]HWD :&

79 39 39 49

FKURP PDW

79 39 39 49

79 39 39 49

79 39 39 49

NODPND UR]HWD :.

NODPND UR]HWD :%

NODPND UR]HWD :&

339

NODPND UR]HWD :%

339

NODPND UR]HWD :&

459

499

QLNLHO V]F]RWNRZDQ\

79 39 39 49

NRORU NODPND UR]HWD :. UR]HWD :% UR]HWD :&

&$5%2 V]\OG G]LHORQ\

FKURP DOXPLQLXP

NRORU NODPND UR]HWD :% NODPND UR]HWD :&

/$7,12 VWDO QLHUG]HZQD FKURP

79 39 39 49

V]\OG G]LHORQ\

VWDO QLHUG]HZQD

NRORU

NODPND UR]HWD :.

NODPND UR]HWD :%

NODPND UR]HWD :&

99 99 129

:NãDGNL GR GU]ZL ]HZQčWU]Q\FK L ZHMĤFLRZ\FK

:NãDGNL GR GU]ZL ZHZQ

V]W

ZNãDGND NODV\ NODVD &

ZNãDGND NODV\ %

219 219 245

NODPND UR]HWD :.

V]\OG G]LHORQ\

FKURP FKURP VDW\QD

NODPND UR]HWD :.

209 209 239

7:,67

V]\OG G]LHORQ\

]ãRW\ ]ãRW\ VDW\QD

EUĈ] PDW FKURP VDW\QD QLNLHO QLNLHO YHOYHW

NRORU

6$%,$

V]W

V]W ] JDãNĈ

NRPSOHW ² V]W ] JDãNĈ

]ãRWD VUHEUQD

]ãRWD VUHEUQD

]ãRWD QLNLHO VDW\QD

GR GU]ZL 25,21 %

39

49

109

GR GU]ZL &(5%(5 ,,

39

49

109

SU]\ ]DPyZLHQLX ZNãDGHN ] JDãNĈ QDOHİ\ ]D]QDF]\þ NLHUXQHN RWZLHUDQLD GU]ZL

144

QLNLHO VDW\QRZ\

V]\OG G]LHORQ\

V]\OG G]LHORQ\

NODPND

PRVLĈG] DQW\F]Q\

648$5(

3$662

UR]HWD :.

SDW\QD

398

./$0., )LHVWD

QLNLHO PDW

W\WDQ

NODPND UR]HWD :.

SUDZD OHZD

NRORU

35(0,80

$6725

NRORU

QLNLHO

NRORU

.ODPND

]ãRWD VUHEUQD GR SU]\OJRZ\FK GR EH]SU]\OJRZ\FK GZXVNU]\GãRZ\FK

19

19

&HQ\ ]ã 1(772 EUXWWR 9$7


$352%$7< 7(&+1,&=1( &(57<),.$7< , 5$3257<

ยฎ

INSTYTUT TECHNIKI BUDOWLANEJ PL 00-611 W ARSZAW A, ul. FILTROWA 1 tel.: (48 22) 825-04-71; (48 22) 825-76-55; fax: (48 22) 825-52-86

&]รกRQHN (XURSHMVNLHM 8QLL $SUREDW 7HFKQLF]Q\FK Z %XGRZQLFWZLH ยฑ 8($WF &]รกRQHN (XURSHMVNLHM 2UJDQL]DFML GV $SUREDW 7HFKQLF]Q\FK ยฑ (27$

6HULD $352%$7< 7(&+1,&=1(

(J]HPSODU] DUFKLZDOQ\ APROBATA TECHNICZNA ITB AT-15-6411/2010 1D SRGVWDZLH UR]SRU]ฤ G]HQLD 0LQLVWUD ,QIUDVWUXNWXU\ ] GQLD OLVWRSDGD U Z VSUDZLH DSUREDW WHFKQLF]Q\FK RUD] MHGQRVWHN RUJDQL]DF\MQ\FK XSRZDฤชQLRQ\FK GR LFK Z\GDZDQLD '] 8 1U ] U SR] Z Z\QLNX SRVWฤ SRZDQLD DSUREDF\MQHJR GRNRQDQHJR Z ,QVW\WXFLH 7HFKQLNL %XGRZODQHM Z :DUV]DZLH QD ZQLRVHN ILUP\

POL-SKONE Sp. z o.o. ul. Lucyny Herc 8, 20-328 Lublin VWZLHUG]D VLฤ SU]\GDWQRฤ รผ GR VWRVRZDQLD Z EXGRZQLFWZLH Z\UREyZ SRG QD]Zฤ

Drzwi wewnฤ trzlokalowe UR]ZLHUDQH L VNรกDGDQH V\VWHPX POL-SKONE Z ]DNUHVLH L QD ]DVDGDFK RNUHฤ ORQ\FK Z =Dรกฤ F]QLNX NWyU\ MHVW LQWHJUDOQฤ F]ฤ ฤ FLฤ QLQLHMV]HM $SUREDW\ 7HFKQLF]QHM ,7%

7HUPLQ ZDฤชQRฤ FL F]HUZFD U

=Dรกฤ F]QLN 3RVWDQRZLHQLD RJyOQH L WHFKQLF]QH

:DUV]DZD F]HUZFD U

$SUREDWD 7HFKQLF]QD ,7% $7 MHVW QRZHOL]DFMฤ $SUREDW\ 7HFKQLF]QHM ,7% $7 'RNXPHQW $SUREDW\ 7HFKQLF]QHM ,7% $7 ]DZLHUD VWURQ\ 7HNVW WHJR GRNXPHQWX PRฤชQD NRSLRZDรผ W\ONR Z FDรกRฤ FL 3XEOLNRZDQLH OXE XSRZV]HFKQLDQLH Z NDฤชGHM LQQHM IRUPLH IUDJPHQWyZ WHNVWX $SUREDW\ 7HFKQLF]QHM Z\PDJD SLVHPQHJR X]JRGQLHQLD ] ,QVW\WXWHP 7HFKQLNL %XGRZODQHM

ยฎ

INSTYTUT TECHNIKI BUDOWLANEJ PL 00-611 W ARSZAW A, ul. FILTROWA 1 tel.: (48 22) 825-04-71; (48 22) 825-76-55; fax: (48 22) 825-52-86

&]รกRQHN (XURSHMVNLHM 8QLL $SUREDW 7HFKQLF]Q\FK Z %XGRZQLFWZLH ยฑ 8($WF &]รกRQHN (XURSHMVNLHM 2UJDQL]DFML GV $SUREDW 7HFKQLF]Q\FK ยฑ (27$

6HULD $352%$7< 7(&+1,&=1(

6HULD $352%$7< 7(&+1,&=1(

(J]HPSODU] DUFKLZDOQ\

(J]HPSODU] DUFKLZDOQ\

APROBATA TECHNICZNA ITB AT-15-8368/2010

APROBATA TECHNICZNA ITB AT-15-6473/2010

1D SRGVWDZLH UR]SRU]ฤ G]HQLD 0LQLVWUD ,QIUDVWUXNWXU\ ] GQLD OLVWRSDGD U Z VSUDZLH DSUREDW WHFKQLF]Q\FK RUD] MHGQRVWHN RUJDQL]DF\MQ\FK XSRZDฤชQLRQ\FK GR LFK Z\GDZDQLD '] 8 1U ] U SR] Z Z\QLNX SRVWฤ SRZDQLD DSUREDF\MQHJR GRNRQDQHJR Z ,QVW\WXFLH 7HFKQLNL %XGRZODQHM Z :DUV]DZLH QD ZQLRVHN ILUP\

1D SRGVWDZLH UR]SRU]ฤ G]HQLD 0LQLVWUD ,QIUDVWUXNWXU\ ] GQLD OLVWRSDGD U Z VSUDZLH DSUREDW WHFKQLF]Q\FK RUD] MHGQRVWHN RUJDQL]DF\MQ\FK XSRZDฤชQLRQ\FK GR LFK Z\GDZDQLD '] 8 1U ] U SR] Z Z\QLNX SRVWฤ SRZDQLD DSUREDF\MQHJR GRNRQDQHJR Z ,QVW\WXFLH 7HFKQLNL %XGRZODQHM Z :DUV]DZLH QD ZQLRVHN ILUP\

POL-SKONE Sp. z o.o. ul. Lucyny Herc 8, 20-328 Lublin

POL-SKONE Sp. z o.o. ul. Lucyny Herc 8, 20-328 Lublin

VWZLHUG]D VLฤ SU]\GDWQRฤ รผ GR VWRVRZDQLD Z EXGRZQLFWZLH Z\UREyZ SRG QD]Zฤ

VWZLHUG]D VLฤ SU]\GDWQRฤ รผ GR VWRVRZDQLD Z EXGRZQLFWZLH Z\UREyZ SRG QD]Zฤ

'UHZQLDQH GU]ZL SU]HFLZSRฤชarowe V\VWHPX 32/ 6.21( )5 (, z naฤ ZLHWODPL OXE EH] QDฤ wietli

Drzwi wewnฤ trzlokalowe SU]HVXZQH L VNรกDGDQH V\VWHPX 32/ 6.21( Z ]DNUHVLH L QD ]DVDGDFK RNUHฤ ORQ\FK Z =Dรกฤ F]QLNX NWyU\ MHVW LQWHJUDOQฤ F]ฤ ฤ FLฤ QLQLHMV]HM $SUREDW\ 7HFKQLF]QHM ,7%

Z ]DNUHVLH L QD ]DVDGDFK RNUHฤ ORQ\FK Z =Dรกฤ F]QLNX NWyU\ MHVW LQWHJUDOQฤ F]ฤ ฤ FLฤ QLQLHMV]HM $SUREDW\ 7HFKQLF]QHM ,7%

7HUPLQ ZDฤชQRฤ FL JUXGQLD U

7HUPLQ ZDฤชQRฤ FL F]HUZFD U

=Dรกฤ F]QLN 3RVWDQRZLHQLD RJyOQH L WHFKQLF]QH

=Dรกฤ F]QLN 3RVWDQRZLHQLD RJyOQH L WHFKQLF]QH

:DUV]DZD JUXGQLD U

:DUV]DZD F]HUZFD U

$SUREDWD 7HFKQLF]QD ,7% $7 MHVW QRZHOL]DFMฤ $SUREDW\ 7HFKQLF]QHM ,7% $7 'RNXPHQW $SUREDW\ 7HFKQLF]QHM ,7% $7 ]DZLHUD VWURQ 7HNVW WHJR GRNXPHQWX PRฤชQD NRSLRZDรผ W\ONR Z FDรกRฤ FL 3XEOLNRZDQLH OXE XSRZV]HFKQLDQLH Z NDฤชGHM LQQHM IRUPLH IUDJPHQWyZ WHNVWX $SUREDW\ 7HFKQLF]QHM Z\PDJD SLVHPQHJR X]JRGQLHQLD ] ,QVW\WXWHP 7HFKQLNL %XGRZODQHM

'RNXPHQW $SUREDW\ 7HFKQLF]QHM ,7% $7 ]DZLHUD VWURQ 7HNVW WHJR GRNXPHQWX PRฤชQD NRSLRZDรผ W\ONR Z FDรกRฤ FL 3XEOLNRZDQLH OXE XSRZV]HFKQLDQLH Z NDฤชGHM LQQHM IRUPLH IUDJPHQWyZ WHNVWX $SUREDW\ 7HFKQLF]QHM Z\PDJD SLVHPQHJR X]JRGQLHQLD ] ,QVW\WXWHP 7HFKQLNL %XGRZODQHM

3RO 6NRQH 6 6\VWHP

3RO 6NRQH 7\S &

6NDQG\QDZVNL %

(QHUJ\ &RQFHSW

%

% % %

%

% % % %

145


35=<.â$'2:( 5()(5(1&-(

&HQWUXP .U\]\VRZH :DUV]DZD

.RPSOHNV %RWDQLF]Q\ 6]ZHFMD

.RPSOHNV %RWDQLF]Q\ 6]ZHFMD

ASDUWDPHQWRZLHF Å0DULWLPRµ .RãREU]HJ

'RP SWXGHQFNL Å-DJLHQNDµ 3R]QDę

6]NRãD 3RGVWDZRZD Z 6WUDV]\QLH

S]SLWDO +&3 PR]QDę

&HQWUXP .RQJUHVRZH 3R]QDę

+RWHO Å5HVLGHQWµ ģZLQRXMĤFLH

$SDUWDPHQWRZLHF 0LčG]\]GURMH

,QVW\WXW 6WRPDWRORJLL 3R]QDę

+RWHO Å6UHEUQH TDUDV\µ SDUELQRZR

AUND 0HJD KRãREU]HJ

+RWHO Å'HOÀQµ 'ĈENL

+RWHO Å,ORQµ 3R]QDę

6DQDWRULXP Å*5<)µ 3RãF]\Q =GUyM

.RPSOHNV EDVHQyZ 6XFK\ /DV

Å,NDU POD]Dµ KRãREU]HJ

+RWHO ZãRVNL 3R]QDę

6SyãG]LHOF]D *UXSD %DQNRZD Z 3R]QDQLX

8U]ĈG 0LDVWD :URFãDZ

:RMVNRZ\ 6ĈG $GPLQLVWUDF\MQ\ *RU]yZ

$SDUWDPHQWRZLHF Å3HOLNDQµ PR]QDę


ZZZ SRO VNRQH HX 5(*,21$/1, 35=('67$:,&,(/( +$1'/2:,

*RU]yZ :ONS

2

1 3

4

5DGRP

5 5(*,21 SK #SRO VNRQH HX 5(*,21 SK #SRO VNRQH HX 5(*,21 SK #SRO VNRQH HX 5(*,21 SK #SRO VNRQH HX 5(*,21 SK #SRO VNRQH HX 5(*,21 SK #SRO VNRQH HX SHãQH GDQH WHOHDGUHVRZH SXQNWyZ VSU]HGDİ\ GRVWčSQH QD ZZZ SRO VNRQH HX L ZZZ ]XPL SO DGUHV\ DXWRU\]RZDQ\FK HNLS PRQWDİRZ\FK QD ZZZ SRO VNRQH HX 147


Dotyczy wyrobów

R]QDF]RQ\FK ]QDNLHP )6&®

PARTNER HANDLOWY

POL-SKONE Sp. z o.o.

ul. Lucyny Herc 8 20-328 Lublin tel.: +48 81 744 30 11 –: 13 fax: +48 81 744 24 89; +48 81 744 39 12 e-mail: poczta@pol-skone.eu www.pol-skone.eu

1LQLHMV]\ .DWDORJ 3URGXNWyZ RERZLĈ]XMH RG GQLD U ] GQLHP W\P ZF]HĤQLHMV]H NDWDORJL 32/ 6.21( WUDFĈ ZDİQRĤþ

Publikacja ta nie stanowi oferty w rozumieniu prawa i ma charakter jedynie informacyjny. Producent zastrzega sobie prawo do zmian.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.