/RJHPHQW
&RQFRXUV
7KULOOHU ¢ FLQT PDLQV
1RXYHOOH DVVRFLDWLRQ
*DJQH] GHV LQYLWDWLRQV SRXU 6KLUOH\ 6RXDJQRQ HW
SRXU OH %LFHQWHQDLUH GH OD SROLFH JHQHYRLVH SDJH
GH G«IHQVH GHV ORFDWDLUHV ¢ *HQªYH SDJH
&DPLOOH &KDPRX[ ¢ OD &RP«GLH GH OD *DUH SDJH
/H MRXUQDO PDOLQ GHV *HQHYRLV
0HUFUHGL MHXGL VHSWHPEUH
',725,$/
*$*1(= 7 %,//( 6
'5
'5
'5
&ULPHV SRODUV
Qr ZZZ JKL FK
'DQJHU GH SROOXWLRQ j OD FDVHUQH GHV 9HUQHWV
*LDQFDUOR 0DULDQL U«GDFWHXU HQ FKHI
/HFWRUDW Oö«FDUW VH FUHXVH $ORUV TXH OH OHFWRUDW GH OD SUHVVH «FULWH FKXWH SUHVTXH SDUWRXW HQ 6XLVVH URPDQGH FHOXL GH m*+,} VH SRUWH ELHQ &öHVW FH TXH U«YªOHQW OHV GHUQLHUV FKLIIUHV SXEOL«V SDU OD 5(03 LQVWLWXW LQG«SHQGDQW TXL PHVXUH OHV WDX[ GöDXGLHQFH HQ 6XLVVH OLUH HQ SDJH $LQVL WRXV W\SHV GH SXEOLFDWLRQV FRQIRQGXV YRWUH MRXUQDO SU«I«U« UHVWH SOXV TXH MDPDLV OHDGHU VXU OH FDQWRQ GH *HQªYH DYHF ö OHFWHXUV /RLQ GHYDQW m PLQXWHV} ö OD m7ULEXQH GH *HQªYH} ö HW m/H 0DWLQ} VHPDLQH ö (W RQ QH SDUOH SDV LFL GHV ö OHFWHXUV VXSSO«PHQWDLUHV TXL QRXV OLVHQW HQ )UDQFH YRLVLQH 3RXU OHV PRLV ¢ YHQLU QRWUH REMHFWLI HVW GH WRXW PHWWUH HQ ÈXYUH SRXU FRQVHUYHU FH OHDGHUVKLS «GLWRULDO &RPPHQW" (Q FRQWLQXDQW ¢ YRXV LQIRUPHU DYHF OH P¬PH HVSULW FULWLTXH HW ¢ UHFKHUFKHU FR½WH TXH FR½WH OD Y«ULW« GDQV OöLQW«U¬W J«Q«UDO 3RXUTXRL" 3DUFH TXH mVL HOOH SHUG VD FU«GLELOLW« OD SUHVVH ILQLUD HQ SDLOODVVRQ} «FULYDLW QRWDPPHQW IHX 5RJHU GH 'LHVEDFK EULOODQW MRXUQD OLVWH HW DQFLHQ U«GDFWHXU HQ FKHI GH m/D /LEHUW«} &RPSWH] VXU QRWUH U«GDFWLRQ SRXU TXH m*+,} QH GHYLHQQH SDV SODW HW UDPSDQW (QFRUH XQ LPPHQVH PHUFL Gö¬WUH DXVVL QRPEUHX[ ¢ QRXV OLUH HW ¢ QRXV IDLUH FRQILDQFH FKDTXH VHPDLQH
3HWLWHV DQQRQFHV
$GUHVVHV XWLOHV
$XWRV
(PSORL
(QVHLJQHPHQW
,PPRELOLHU
9DFDQFHV
%HDXW«
&RQWDFWV
3+2720217$*( 3$6&$/ %,77+,1.,672&.
3(7,7(6 $1121&(6
8Q G«SXW« ODQFH XQH DOHUWH OHV VRXV VROV GH OD FDVHUQH GHV 9HUQHWV SRXUUDLHQW ¬WUH FRQWDPLQ«V SDU XQH DQFLHQQH G«PROLWLRQ /ö(WDW D W LO VRQG« OH VLWH DYDQW GH ODQFHU VHV SURMHWV GH ORJHPHQWV" 3DJH
38%
38%
*(1 9( 0$/,1 )LQDQFH /H MRXU R» OD )UDQFH DEDQGRQQD OöHXUR *QLROX 6DQGULQH 6DOHUQR VHUDLW «FRQRPH *HQªYH HQ SDUOH %LVWURWV VXUYHLOO«V ¢ Oö(FROH GH 0«GHFLQH &RXUULHU )UDLV GH FKDXIIDJH HW GöHDX FKDXGH +DSS\ LQIRV 'XR GH U¬YH SRXU OD &RXSH 'DYLV &RLQ &RLQ /D IROLH GHV KDXWHXUV JDJQH XQ DFUREDWH %RQV SODQV /D 9LOOH HVW ¢ YRXV ¢ &KDPSHO 6RUWH] ¢ OÈLO .HUPHVVH GHV VDORSHV ¢ OD SODFH GHV 9RORQWDLUHV /RLVLU m)HYHU} VH MRXH DX 7K«¤WUH /H 3RFKH %HDXW« )DLWHV OH SOHLQ Gö«QHUJLH &RQVHLO VH[R 0RQ «SRXVH QH YHXW SOXV GH PRL