Cap 6 y 7 Moyer Administracion Financiera

 

Kiyfr2 Jnkolostrj`oðl Eoljl`ofrj `iltfkpirêlfj ?lj fno`oðl @JXO^VAI 5 _ 7

 

OL^FGTJL^FP Ol`j voa`jpikj, erjlc Fnwjrn

Kubo`j Gufrrfri, Tinrogi Gojlerjl`i Fspolizj Pjltojgi, Buloir Xjdai

 

UJAITFP NF TFL^J EOBJ 2@JTJ@^FTOP^O@JP _ UJAVJ@OIL Fstf `jpëtuai sf `fltrj fl ajs `jrj`tfrësto`js y vjauj`oðl nf tëtuais nf rfltj eobj, j sjdfr2 aj nfunj j ajrgi pajzi y ajs j``oilfs prfefrfltfs. Fa `jpëtuai soguofltf `iltoflf ul jlêaosos sokoajr nf ais vjairfs nf rfltj vjrojdaf, fs nf`or, nf`or, ajs j``oilfs `ikulfs.

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@jrj`tfrësto`js @jrj`tfrësto`j s nf aj nfunj j ajrgi pajzi2

Ajs nfunjs nf ajrgi  ajrgi pajzi pajzi sil  sil jqufaais `rïnotis, `rïnotis, eoljl`ojkofltis i prïstjkis `uyi pfroini sf fxtoflnf pir kês nf ul júi. júi . Tf`urrfltfkfltf, fstf topi nf mfrrjkofltjs sil pir kiltis jatis, ai quf okpao`j ulj rfspilsjdoaonjn r fspilsjdoaonjn grjlnf. Aj kjyir pjrtf nf ajs nfunjs toflf ul vjair pjr nf : 888 nðajrfs y `il erf`ufl`oj sus prf`ois sf fxprfsjl `iki pir`fltjbf nf fsf vjair. Xir fbfkpai, ul rfgostri nf prf`oi nf kfr`jni nf "=7" olno`j quf ul dili `il ul vjair pjr nf : 888 nðajrfs pufnf `ikprjrsf j =78.

 

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Aj nfunj j ajrgi pajzi toflf vjrojs `jrj`tfrësto`js òlo`js2

@iltrjti

Eonu`ojroj

Eilni nf Jkirtozj`oðl

Ip`oðl nf `ikprj y rffkdiasis nf dili

Nokflsoilfs `ikulfs nf ajs fkosoilfs

Nfunj vol`uajnj `il aj pjrto`opj`oðl

nf nfunj

^jsjs @upðl

Ufl`okoflti

 

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^opis nf nfunj j ajrgi pajzi

Xir ai gflfrja, ajs nfunjs j ajrgi pajzi sf `ajsoeo`jl sfgòl fstïl i li gjrjltozjnjs pir j`tovis eobis fspf`ëeo`is fkosirj. Xir ai njs `ikòl, ajsj`tovi fkosoilfs nf nfunj nflikoljl mopitf`jrois,nfy aj ajsfkprfsj fkosoilfs li gjrjltozjnjs gjrjltozj pir ul sf aajkjl idao gjrjltozjnjs gj`oilfs i, j sf vf`fs, dilis dilis quorigrjejrois. Fa noefrfl`oja nf rflnokoflti fltrf fa dili mopitf`jroi y ajs ip`oilfs nf idaogj`oðl fs itri fbfkpai nf fquoaodroi fltrf rofsgi y rflnokoflti quf i`urrf fl ajs eoljlzjs.

Ajs fkosoilfs nf nfunj tjkdoïl sf `ajsoeo`jl fl eul`oðl nf su  bfrjrquëj `iki kjyirfs k jyirfs y kflirfs. Aj nfunj kjyir (sfloir nfdt) toflf proironjn kjyir sidrf sidrf ais olgrfsis i j`tovis nf ulj fkprfsj quf aj nfunj kflir. J vf`fs, fa likdrf vfrnjnfri nf aj fkosoðl nf nfunj `iltjrj `il ul `jaoeo`jtovi "kflir" (buloir) i "kjyir" (sfloir). Fa fsqufkj nf `ajsoeo`j`oðl "kjyir" (sïloir) y "kflir" (bòloir) sf fkpafj tjkdoïl fl rfaj`oðl `il ajs j``oilfs `ikulfs y prfefrfltfs. Ajs j``oilfs prfefrfltfs sil kflirfs fl rfaj`oðl `il aj nfunj j ajrgi pajzi y kjyirfs fl rfaj`oðl `il ajs j``oilfs `ikulfs.

 

 

  s   i   l   i    d   f    n   s   i   p    o    t   s   f    t   l   r   f    e    o    N

Ais dilis eonu`ojrois `il `iajtfrja

Ais dilis nf olgrfsi

Ais dilis nf `iltria nf `iltjkolj`oðl y ais dilis nf olgrfsis olnustrojafs

fstêl rfspjanjnis pir j``oilfs i dilis nf itrjs `irpirj`oilfs. Fstf topi nf eoljl`ojkoflti fs prol`opjakfltf nf oltfrïs mostðro`i prikftfl pjgjr oltfrfsfs sðai so aj fkprfsj fkosirj idtoflf ul olgrfsi sueo`ofltf3 so li fs jsë, li fxostf idaogj`oðl nf pjgjrais. sil fkotonis pir ais gidofrlis ai`jafs y li pir ajs `irpirj`oilfs. Fa oltfrïs quf sf pjgj j ais `ikprjnirfs nf dilis kulo`opjafs fstê fxflti nf okpufstis, y aj tjsj nf oltfrïs pir ai gflfrja fs kflir j aj quf ulj fkprfsj tflnrëj quf pjgjr.

 

-Fa `isti rfajtovjkfltf djbi nfspuïs nf okpufstis nfdoni j aj nfnu``oðl eos`ja nf ais oltfrfsfs

-Fa jukflti fl ajs gjljl`ojs pir j``oðl quf fs pisodaf idtflfr kfnojltf jpjajl`jkoflti eoljl`ofri

-Aj `jpj`onjn nf ais pripoftjrois nf aj fkprfsj pjrj kjltflfr ul kjyir `iltria sidrf su `ikpjúëj

-Fa jukflti fl fa rofsgi eoljl`ofri nf aj fkprfsj `iki rfsuatjni nfa usi nf aj nfunj

Ufltjbjs  nfsvfltjbjs   Ufltjbjs y nfsvfltjbjs nfa eoljl`ojkoflti nf nfunj j ajrgi pajzi

-Ajs rfstro``oilfs quf ais prfstjkostjs okpilfl j aj fkprfsj

 

• Jspf`tis oltfrlj`oiljafs fl fa kfr`jni oltfrlj`oilja nf dilis •

Jnfkês nf idtflfr `jpotja fl ais kfr`jnis eoljl`ofris nf Fstjnis Vlonis, ku`mjs fkprfsjs fstjniulonflsfs vjl j itris pjësfs fl dus`j nf `jpotja. Fxostfl nis  prol`opjafs  prol`o pjafs topis t opis nf olstrukfltis olstrukf ltis j ajrgi pajzi pa jzi fl fa kfr`jni kfr `jni oltfrlj o ltfrlj`oilja `oilja nf dilis2 dili s2 ais Furidilis y ais dilis fxtrjlbfris.

-Fa kfr`jni nf Furidilis sf mj utoaozjni pirquf fxostf ulj kflir oltfrefrfl`oj rfguajnirj quf fl fa pjës fkosir y, fl jagulis `jsis, rfquosotis rfquosotis nf noeusoðl kflis fstro`tis. Xir fbfkpai, ais Furidilis sil dilis fkotonis pir ulj fkprfsj fstjniulonflsf nflikoljnis fl nðajrfs, pfri vflnonis j ol vfrsoilostjs quf rfsonfl eufrj nf

-Ais dilis fxtrjlbfris ai sus`rodf ul grupi nf djl`is nf olvfrsoðl nf ul siai pjës. Xir ai gflfrja, sf nflikoljl fl aj novosj nfa pjës vflnfnir. Pol fkdjrgi, fa fkosir nfa dili fs nf ul pjës nostolti j jqufa fl fa quf sf fkotfl. Xir fbfkpai, @riwrt @irc & Pfja @ikpjly Ol`., `il pajltjs fl 56 pjësfs eufrj nf Fstjnis Vlonis, pinrëj fltrjr ja kfr`jni nf dilis fxtrjlbfris pjrj

Fstjnis Vlonis, Vlonis, `iki fl Furipj y Bjpðl.

idtflfr `jpotja y `ilstruor ulj lufvj pajltj flajErjl`oj.

 

Ujauj`oðl nf J`tovis

Ujair nf kfr`jni nf ais j`tovis y fquoaodroi nf kfr`jni

Fa vjair nf `ujaquofr j`tovi sf  djsj fleuturis, ais dflfe dflfeo`ois o`ois nf fspfrjnis i eaubis fef`tovi, quf fa pripoftjroi rf`odorê nurjltf aj vonj nfa j`tovi.

Fstis eaubis nf fef`tovi sf nfrovjl nfa jukflti fl ajs gjljl`ojs y/i nf aj rfnu``oðl nf `istis, jnfkês nf `ujaquofr vjair nf rfs`jtf quf sf rf`odj rf`odj pir aj vfltj nfa j`tovi.

Fa prf`oi nf kfr`jni, vjair nf kfr`jni, nf ul j`tovi (`iki j``oilfs i`ikulfs) sf nftfrkolj fl grjl kfnonj nfa koski kini quf fa prf`oi nf aj kjyir pjrtf nf ais doflfs y sfrvo`ois fl ulj f`ilikëj nf kfr`jni, j sjdfr, pir aj oltfrj``oðl nf aj iefrtj y aj nfkjlnj.

Fxostf ul fquoaodroi nf kfr`jni `jnj vfz quf li mjy tflnfl`oj pjrj quf fa prf`oi nfa j`tovi jukfltf i nfs`oflnj. Fl fstf pulti, aj tjsj nf rflnokoflti fspfrjnj sidrf fa j`tovi fs oguja j aj tjsj nf rflnokoflti rfqufronj pir fa olvfrsoilostj kjrgolja.

   

 

Dilis quf toflfl ef`mjs nf vfl`okoflti nfeolonjs •

Ais dilis quf vfl`fl nfltri nf pfroinis nfeolonis pjgjl ja olvfrsoilostj nis topis nf rflnokofltis2 rflno kofltis2 pjgis nf oltfrfsfs (O,, O4, ..., O l) nurjltf `jnj uli nf ais soguofltfs l  pfroiniss y ul pjgi  pfroini p jgi nf prol`opja prol`o pja (K) fl fa pfroini l. Fa pfroini p froini l sf nfeolf nf eolf `iki ` iki aj ef`mj nf vfl`okoflti nfa dili, i fa kikflti fl quf sf nfdf aoquonjr fa prol`opja y rftorjr aj fkosoðl nf dilis. Fa vjair nf ul dili pufnf `ja`uajrsf jpao`jlni fa f a kïtini nf `jpotjaozj`oðl nfa eaubi nf fef`tovi fef` tovi j aj sfrof nf eaubis nf fef`tovi2

 

Xi ;

O: (: + Cn ):

+

O4 (: + Cn )4

+

……

+

Ol - : + (: + Cn )l-:

Ol + K (: + Cn )l

nilnf X8 fs fa vjair prfsfltf nfa dili fl fa kikflti `fri, i su ef`mj nf `ikprj, y cn fs aj tjsj nf rflnokoflti rfqufronj pir fa olvfrsoilostj sidrf fstj fkosoðl nf dilis fl pjrto`uajr.

Dilis pfrpftuis

 

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Vl dili pfrpftui, i pfrpftuonjn, fs ul dili quf sf fkotf sol ulj ef`mj nf vfl`okoflti nf eolonj. Ais dilis d ilis pfrpftuis prikftfl pjgjr oltfrfsfs nf kjlfrj olnfeolonj, y li fxostf ulj idaogj`oðl `iltrj`tuja nf aoquonjr fa prol`opja3 fs nf`or, K ; 8.Aj vjauj`oðl nf ul dili pfrpftui fs kês sfl`oaaj quf aj nf ul dili `il ef`mj nfeolonj nf vfl`okoflti. Pupiloflni quf fa dili pjgj ulj `jltonjn eobj nf oltfrïs, ol tfrïs, O, pir pfroini fl eir kj pfrkjlfltf, fa f a vjair fs `iki soguf2  

 

Xi ;

 ^;:

; 

O (: + Cn )t

nilnf cn fs aj tjsj nf rflnokoflti rfqufronj.

 

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Fbfkpai nf dili pfrpftui2

Xir fbfkpai, `ilsonfrf ajs idaogj`oilfs pfrpftujs ja >% nf @jljnojl Xj`oeo` Aokotfn Tjoa-rijn. ¹@uêa fs fa vjair nf ul dili nf : 888 nðajrfs pjrj ul olvfrsoilostj quf fxogf ulj tjsj nf rflnokoflti nf =% sidrf fstis dilis nf @jljnojl Xj`oeo`9 Nfdoni j quf O ; 8.8> ] $: 888, i $>8 y cn ; =%, fs pisodaf utoaozjraj f`uj`oðl 5.= pjrj `ja`uajr `j a`uajr aj rfspufstj `iki soguf2  

Xi

; $>8 ; $6888.8=

Xir tjlti, fa olvfrsoilostj fstjrëj nospufsti j pjgjr mjstj 688 nðajrfs pir fstf dili.

 

@JTJ@^FTOP^O@JP NF AJP J@@OILF J@@OILFP P XTFEFTFL^FP •

Ajs j``oilfs prfefrfltfs aafvjl fstf likdrf pirquf gflfrjakfltf toflfl prfefrfl`oj, i proironjn, proiro njn, sidrf ajs j``oilfs `ikulfs fl ai quf rfspf`tj j ais novonflnis y j ais j`tovis nf aj fkprfsj.

Xrf`oi nf vfltj y vjair pjr2 Fa prf`oi nf vfltj, i prf`oi nf fkosoðl, fs fa prf`oi ulotjroi ja quf sf vflnfl ja pòdao`i ajs j``oilfs prfefrfltfs.

J``oilfs prfefrfltfs nf tjsj jbustjdaf2 Fstf topi nf j``oilfs prfefrfltfs sf viavoð kuy pipuajr j prol`opois nf aj nï`jnj nf ais i`mfltj. @il fstjs fkosoilfs, ais novonflnis sf rfstjdaf`ëjl nf kjlfrj pfroðno`j y ierf`ëjl rflnokofltis quf vjrojdjl `il ajs tjsjs nf oltfrïs

 

@JTJ@^FTOP^O@JP NF AJP J@@OI J@@OILFP LFP XTFEFTFL^FP @jrj`tfrësto`j j`ukuajtovj2 @jso tinjs ajs j``oilfs prfefrfltfs sil j`ukuajtovjs. Fsti sogloeo`j sogloeo`j quf, so pir jagulj rjzðl ulj fkprfsj li pufnf pjgjr ul novonflni prfefrfltf, tjkpi`i tjkpi`i pinrê mj`frai sidrf ajs j``oilfs `ikulfs mjstj quf mjyj sjtosef`mi tinis i ulj `jltonjn fspf`oeo`jnj `il jltfaj`oðl nf novonflnis prfefrfltfs jtrjsjnis

Xjrto`opj`oðl2 Pf

no`f

quf

ajs

j``oilfs sil pjrto`opjtovjs so ais tflfnirfs `ikpjrtfl `ujaquofr `ujaquofr jukflti fl ajs gjljl`ojs quf aj fkprfsj punofrj fxpfrokfltjr. Li idstjltf, `jso tinjs ajs j``oilfs prfefrfltfs sil li pjrto`opjtovjs, fs nf`or, fa novonflni prfefrfltf pfrkjlf`f `ilstjltf, jul `ujlni ais olgrfsis nf aj fkprfsj jukfltfl.

 

@JTJ@^FTOP^O@JP NF AJP J@@OILF J@@OILFP P XTFEFTFL^FP Ufl`okoflti2 ^ï`lo`jkfltf, ajs j``oilfs prfefrfltfs sil pjrtf nfa `jpotja si`oja nf ulj fkprfsj. fkprfsj. @iki tjafs, jaguljs fkprfsjs fkotfl j``oilfs prfefrfltfs `il aj oltfl`oðl nf quf sfjl pfrpftujs, fs nf`or, ulj pjrtf pfrkjlfltf nf aj pjrto`opj`oðl nf ais j``oilostjs, sol ef`mj fspf`ëeo`j fspf`ëeo`j nf vfl`okoflti.

@jrj`tfrësto`j nf `ikprj2  Ja oguja quf aj nfunj j ajrgi pajzi, ajs j``oilfs prfefrfltfs pufnfl pufnfl rfnokorsf, i `ikprjrsf, j ip`oðl nf aj fkprfsj fkosirj, fl ul prf`oi fspf`ëeo`i.

 

@JTJ@^FTOP^O@JP NF AJP J@@ J@@OILFP OILFP XTFEFTFL^FP  

Nfrf`mis nf viti2 Xir rfgaj gflfrja, ais tflfnirfs nf j``oilfs prfefrfltfs li toflfl nfrf`mi j vitjr fa likdrjkoflti likdrjkof lti nf kofkdris nfa `ilsfbi nf jnkolostrj`oðl nf aj fkprfsj. Pol

Lfgi`oj`oðl nf j``oilfs

fk fkdjrgi, djrgi,pri`fnokofltis ku`mjs vf`fs nf fltrjl viti fl vogir fspf`ojafs, `ujlni aj fkprfsj ikotf fa pjgi nf ais novonflnis prfefrfltfs i ol`urrf fl pïrnonjs nurjltf `ofrti ajpsi

ais olvfrsoilostjs quf jnquofrfl jnquofrfl ajs j``oilfs pufnfl nf`onor vflnfrajs fl ais kfr`jnis sf`ulnjrois.

prfefrfltfs2 Nfspuïs nf aj vfltj olo`oja nf j``oilfs prfefrfltfs nf ulj fkprfsj,

 

UFL^JBJP _ NFPUFL^JBJP NF J@@OILFP XTFEFTFL^FP    P    J    B    J    ^    L    F    U

Nfsnf aj pfrspf`tovj nf aj

Aj prol`opja nfsvfltjbj nfa

fkprfsj fkosirj, ikotor fa  pjgi nf ul novonflni  prfefrfltf fl kikfltis noeë`oafs toflf `ilsf`ufl`ojs kflis grjvfs quf ikotor fa  pjgi nf oltfrfsfs nf nfunj j ajrgi pajzi.

eoljl`ojkoflti `il j``oilfs  prfefrfltfs, fl `ikpjrj`oðl `il aj nfunj j ajrgi pajzi, fs su fafvjni `isti nfspuïs nf okpufstis nfdoni j quf ais novonflnis li pufnfl nfnu`orsf pjrj eolfs nfa okpufsti sidrf aj rfltj.

 N      F       P       U      F       L^      J       B      J       P     

 

J@@OILFP @IKVLFP

@JTJ@^FTOP^O@JP, UJAVJ@OIL _ FKOPOIL

 

NFEOLO@OIL •Ajs

j``oilfs `ikulfs sil j`tovis eoljl`ofris lfgi`ojdafs sol vfl`okoflti quf rfprfsfltjl ulj pir`oðl rfsonuja nf aj pripofnjn nf ulj fkprfsj.

@JTJ@^FTOP^O@JP Ajs j``oilfs `ikulfs sil ulj, eirkj rfsonuja nf pripofnjn fl `ujlti j quf ais nfrf`mis nf ais tflfnirfs nf, j``oilfs `ikulfs sidrf ajs utoaonjnfs y ais j`tovis nf aj fkprfsj sf `ilsonfrjl sðai nfspuïs nf sjtosej`fr ais nfrf`mis nf ais gidofrlis, ais j`rffnirfs y ais tflfnirfs nf j``oilfs prfefrfltfs. Ajs j``oilfs `ikulfs sf `ilsonfrjl ulj eirkj pfrkjlfltf nf eoljl`ojkoflti j ajrgi pajzi pirquf, j noefrfl`oj nf aj nfunj y jaguljs j``oilfs prfefrfltfs, ajs j``oilfs `ikulfs li" toflfl ef`mj nf vfl`okoflti.

 

@JTJ@^FTOP^O@JP NF J@@OILFP @IKVLFP •

Nfrf`mis nf viti nf ais j``oilostjs. Ais j``oilostjs.  Ais j``oilostjs nf ulj fkprfsj faogfl j su `ilsfbi nf norf`tirfs kfnojltf ul pri`fnokoflti nf vitj`oðl kjyirotjroi i j`ukuajtovi. Fa viti kjyirotjroi fs sokoajr ja viti quf sf fef`tòj fl ajs faf``oilfs piaëto`js3 so fxostfl nis `jlnonjtis pjrj ul pufsti fl fa `ilsfbi, fa gjljnir sfrê quofl rf`odj kês nf 68% nf ais vitis.Fs pisodaf utoaozjr aj eðrkuaj soguofltf pjrj nftfrkoljr aj `jltonjn nf j``oilfs lf`fsjrojs pjrj fafgor j `ofrtj `jltonjn nf norf`tirfs2

    ;

               +:       + :

 

@JTJ@^FTOP^O@JP NF J@@OILFP @IKVLFP Fbfkpai2 @ilsonfrf fa soguofltf fbfkpai. Kjrcmjk @ikpjly toflf il`f kofkdris fl fa `ilsfbi nf norf`tirfs y ul koaaðl nf j``oilfs `ikulfs li aoquonjnjs. Po fl ul júi nftfrkoljni sf pripusofrj aj rffaf``oðl nf softf kofkdris y tinjs ajs j``oilfs vitjrjl, aj `jltonjn nf j``oilfs lf`fsjrojs pjrj fafgor ul norf`tir sfrëj2 :   :888888 7 +:

 

+ :;:46 88:

 Jnfkês nf fafgor ja `ilsfbi nf norf`tirfs, ais j``oilostjs j``oilostjs nf ulj fkprfsj pufnfl vitjr `il rfguajronjn pjrj nfeolor novfrsis jsultis, `iki sfrëj `ilsfrvjr j ulj fkprfsj nf junotirëj fspf`ëeo`j i jukfltjr aj `jltonjn nf j``oilfs jutirozjnjs.

 

@JTJ@^FTOP^O@JP NF J@@OILFP @IKVLFP @ajsfs nf j``oilfs `ikulfs2  Jvf`fs3 fs pisodaf quf ulj fkprfsj nf`onj `rfjr kês n)., `ajsf nf j``oilfs `ikulfs. Aj rjzðl pjrj faai pufnf sfr quf aj fkprfsj nfsff idtflfr `jpotja jno`oilja ja vflnfr pjrtf nfa `jpotja fxostfltf nf ais pripoftjrois sol pfrnfr fa `iltria nf aj fkprfsj. Fsti sf aigrj `rfjlni ulj `ajsf sfpjrjnj nf j``oilfs sol nfrf`mi j viti. Xir ai `ikòl, ajs aajkjnjs j``oilfs `ikulfs `ajsf J li toflfl nfrf`mi j viti, fl tjlti quf ajs nf `ajsf D së ai toflfl3 ogujafs fl pir tiniaiai gflfrja, nfkês. jkdjs `ajsfs sil

Novosoðl nf j``oilfs. j``oilfs. Po aj norf``oðl `ilsonfrj quf ajs j``oilfs `ikulfs nf aj fkprfsj nfdfrëjl vflnfrsf j ul prf`oi kflir pjrj jtrjfr j kês `ikprjnirfs, pufnf fef`tujr ulj novosoðl nf j``oilfs. Jagulis kofkdris nf aj `ikulonjn eoljl`ofrj `ilsonfrjl, ja pjrf`fr, quf fa rjlgi ðptoki nf prf`oi nf ajs j``oilfs `ikulfs nfdf fstjr fltrf :6 y 58 nðajrfs.

 

@JTJ@^FTOP^O@JP NF J@@OILFP @IKVLFP Novosoðl olvfrsj nf j``oilfs.  j``oilfs.  Ajs novosoilfs olvfrsjs nf j``oilfs sil sfpjrj`oilfs fl ajs quf sf rfnu`f aj `jltonjn nf j``oilfs. Pf utoaozjl pjrj aafvjr j ajs j``oilfs nf djbi prf`oi j kfbirfs lovfafs nf lfgi`oj`oðl. Xir fbfkpai, j kfnojnis nf :??5, ^u`sil Faf`tro` Xiwfr (jmirj Vlosiur`f Flfrgy), fkprfsj nf sfrvo`oi pòdao`i quf fstjdj fl pridafkjs, nf`ajrð ulj novosoðl olvfrsj nf uli j `ol`i. Nfspuïs nf fstj novosoðl, ajs j``oilfs nf ^u`sil sf lfgi`ojdjl fl fa rjlgi nf ais :5 nðajrfs pir j``oðl.

Novonflnis fl j``oilfs. j``oilfs. Vl novonflni fl j``oilfs fs ul novonflni quf sf itirgj j ais j``oilostjs kfnojltf j``oilfs jno`oiljafs, fl vfz nf mj`frai fl fef`tovi. Xir ai gflfrja, fstf topi nf novonflnis fstê fl fa rjlgi nf 4 j :8%, ai quf sogloeo`j quf aj `jltonjn nf j``oilfs fl `or`uaj`oðl jukfltj fltrf 4 y :8 pir `oflti. Nfsnf ul pulti nf vostj `iltjdaf (pfri li nf eaubi nf fef`tovi), ais novonflnis fl j``oilfs okpao`jl ulj trjlsefrfl`oj nf aj `ufltj nf utoaonjnfs rftflonjs j ajs `ufltjs nf j``oilfs `ikulfs y nf pjgi jno`oilja fl `jpotja

 

UFL^JBJP _ NFPUFL^JBJP NF J@@OILFP @IKVLFP    P    J    B    J    ^    L    F    U

Vlj prol`opjafs vfltjbjsnf nfaajseoljl`ojkoflti kfnojltf j``oilfs `ikulfs fs quf li fxostf ulj idaogj`oðl eobj pjrj ais novonflnis, ja kflis fl  prol`opoi.

Nfsnf fa pulti nf vostj nfa olvfrsoilostj ajs j``oilfs `ikulfs `ilstotuyfl ulj olvfrsoðl quf rfprfsfltj kjyir rofsgi quf ais vjairfs nf nfunj i ajs j``oilfs prfefrfltfs. Xir faai, ais olvfrsoilostjs fl j``oilfs `ikulfs rfquofrfl tjsjs nf rflnokoflti rfajtovjkfltf jatjs

 N      F       P       U      F       L^      J       B      J       P     

 

@JTJ@^FTOP^O@JP NF J@@OILFP @IKVLFP Iefrtjs nf nfrf`mis y sus`rop`oilfs nf rfsfrvj. rfsfrvj. Ajs fkprfsjs pufnfl vflnfr sus j``oilfs `ikulfs norf`tjkfltf j ais j``oilostjs fxostfltfs kfnojltf aj fkosoðl nf nfrf`mis, ais `ujafs pfrkotfl j ais tflfnirfs jnquoror lufvjs j``oilfs nf aj fkprfsj j ul prf`oi nf sus`rop`oðl, olefroir ja prf`oi nf kfr`jni.

@istis norf`tis nf fkosoðl. fkosoðl . Vl djlqufri nf olvfrsoðl quf j`fptj sus`rodor ulj fkosoðl nf j``oilfs jsukf `ofrtj `jltonjn nf rofsgi y, j `jkdoi, rfquofrf ulj `ikpflsj`oðl j kjlfrj nf nfs`uflti j aj sus`rop`oðl i fxtflsoðl nf aj sus`rop`oðl

 

JPXF@^IP OL^FTLJ@OILJAFP KFT@JNIP GAIDJAFP NF U UJAITFP JAITFP • •

Miy fl nëj ku`mjs fkprfsjs trjlslj`oiljafs dus`jl lfgi`ojr fl ais kfr`jnis gaidjafs yj quf fsti afs pfrkotf aafgjr j kjs olvfrsoilostjs pitfl`ojafs jprivf`mjlni ajs noefrfl`ojs olstotu`oiljafs

fltrf ais novfrsis pjësfs aigrjlni tjkdoïl rf`ili`okoflti nf likdrf y prinu`tis fl fa fxtrjlbfri. • @jrj`tfrësto`js2 •

Pf fspfrj quf ajs fkprfsjs vflnjl sus j``oilfs fl ais kfr`jnis nf kjyir nfkjlnj.

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Nfdoni j quf eirkuajs nf jlujaonjn y pfrpftuonjn nf dilis y j``oilfs prfefrfltfs li sil jpao`jdafs sf utoaozjl kinfais kjs `ikpafbis.

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Ais eaubis nf fef`tovi fspfrjnis nf ajs j``oilfs `ikulfs sil kês ol`ofrtis quf ais eaubis nf ais  dilis y j``oilfs j``oi lfs prfefrfltf prfe frfltfs. s.

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Xjrj fltflnfr kfbir aj jpao`j`oðl nfa kïtini nf vjauj`oðl nf aj `jpotjaozj`oðl nfa eaubi nfa fef`tovi j ajs j``oilfs `ikulfs, ai kfbir fs `ilsonfrjr prokfri ul kinfai nf vjauj`oðl nf novonflnis nf ul pfroini y nfspuïs `ilsonfrjr kinfais nf vjauj`oðl nf pfroinis kòatopafs.

 

Kinfai nf vjauj`oðl nf novonflnis nf ul pfroini •

Pupilgj quf ul olvfrsoilostj pajlfj jnquoror ulj j``oðl `ikòl y kjltflfraj nurjltf ul pfroini. Ja eolja nf ïstf, fa olvfrsoilostj fspfrj rf`odor ul novonflni fl fef`tovi, N:, y vflnfr aj j``oðl j ul prf`oi, p:.

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¹@uêa fs fa vjair nf aj j``oðl pjrj fa olvfrsoilostj miy (tofkpi I), njnj ulj tjsj nf rflnokoflti rfqufronj sidrf aj olvfrsoðl, c f9

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Fl fa kïtini nf vjauj`oðl nf `jpotjaozj`oðl nfa eaubi nf fef`tovi, fa vjair prfsfltf nfs`iltjni nf ais eaubis nf fef`tovi fspfrjnis nfa tëtuai sf `ja`uaj `iki soguf2

 

Kinfai nf vjauj`oðl nf novonflnis nf ul pfroini Po sf fspfrj quf ajs j``oilfs `ikulfs nf Imoi Flgolffrolg @ikpjly pjguf ul •

novonflni nf ul nðajr y ja eolja nf ul pfroini sf vflnfl fl 47.68 nðajrfs, ¹`uêa fs fa vjair nf fstj j``oðl pjrj ul olvfrsoilostj quf rfquofrf ulj tjsj nf rflnokoflti nf :>  pir `oflti9 `of lti9 •

Aj rfspufstj sf `ja`uaj nf aj soguofltf kjlfrj2

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Jsë, fa olvfrsoilostj quf jnquofrf ulj j``oðl fl 46 nðajrfs `idrj fa novonflni nf ul nðajr y vflnf aj j``oðl fl 47.68 nðajrfs3 ja eolja nf ul pfroini idtflnrê aj tjsj nf rflnokoflti rfqufronj nf :> pir `oflti

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PIAV@OIL 2 46.88

Kinfai nf vjauj`oðl nf novonflnis fl pfroinis kòatopafs •

Fa pri`fsi nf vjauj`oðl nf novonflnis quf j`jdjkis nf nfs`rodor pufnf gflfrjaozjrsf j ul `jsi nf pfroinis kòatopafs. Ais eaubis nf fef`tovi quf fspfrj ul olvfrsoilostj quf jnquofrf ulj j``oðl `ikòl y aj `ilsfrvj nurjltf l pfroinis `ilsostfl fl pjgis nf : novonflnis `jnj uli ais soguofltfs l pfroinis , N 4, NlFa ) kês ulj `jltonjn, Xl, prinu`tinurjltf nf aj vfltj nf ajnfj``oðl ja eolja nfa l-ïsoki(N pfroini. vjair prfsfltf nf fstis eaubis nf fef`tovi fspfrjnis j aj tjsj nf rflnokoflti rfqufronj pir fa olvfrsoilostj, c f, gflfrj aj soguofltf f`uj`oðl nf vjauj`oðl2

 

Kinfai nf vjauj`oðl nf novonflnis fl pfroinis kòatopafs •

@ilsonfrf nf lufvi ajs j``oilfs `ikulfs nf Imoi Flgolffrolg @ikpjly. Pupilgj quf fa olvfrsoilostj `ilsonfrj aj pisodoaonjn nf jnquoror ulj j``oðl y `ilsfrvjnj nurjltf `ol`i júis. Pupilgj quf aj tjsj nf rflnokoflti rfqufronj pir fa olvfrsoilostj fs tinjvëj

nf :> pir `oflti. Pf fspfrj quf ais novonflnis nf aj j``oðl sfjl nf ul nðajr fa prokfr júi, ul nðajr fa sfgulni júi, ul nðajr fa tfr`fr júi, :.46 fa `ujrti júi y :.46 fa quolti júi. Fa prf`oi nf vfltj fspfrjni nf aj j``oðl j`` oðl ja eolja nf ais `ol`i júis fs nf >: nðajrfs. •

@il jyunj nf aj f`uj`oðl jltfroir y ais ej`tirfs nf oltfrïs nfa vjair prfsfltf jpripojnis, sf `ja`uaj fa vjair nf aj j``oðl pjrj fa olvfrsoilostj nf aj soguofltf kjlfrj2

 

Kinfai nf vjauj`oðl nf novonflnis fl pfroinis kòatopafs

Idsfrvf quf fa vjair j`tuja nf ulj j``oðl nf Imoi Flgolffrolg @ikpjly fs oguja (fs nf`or, X8  ; 46 nðajrfs) sol okpirtjr so fa olvfrsoilostj pajlfj rftflfraj nurjltf uli, `ol`i i `ujaquofr `jltonjn nf júis. Fa vjair nf ulj j``oðl fl `ujaquofr kikflti fs sokpafkfltf fa vjair prfsfltf nf tinis ais novonflnis quf sf fspfrj sf pjgufl nfsnf fsf kikflti fl jnfajltf. Xir tjlti, fa prf`oi X6 nf >: nðajrfs rfeafbj fa vjair prfsfltf nf ais novonflnis fspfrjnis fl ais júis 5 ja oleoloti.

 

Kinfai gflfrja nf vjauj`oðl nf novonflnis •

Fl ais kinfais jltfroirfs fa vjair j`tuja nf j``oðl X8, nfpflnf nfa prf`oi fspfrjni nf aj j``oðl ja eolja nfa pfroini nf rftfl``oil.

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Vlj gflfrjaozj`oðl eolja pfrkotf faokoljr Xl  nfa kinfai y jso nfkistrjr quf ais kinfais nf vjauj`oðl nf novonflnis gujrnjl `ilgrufl`oj fltrf so.

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Xrokfri2 rfnfeolokis fa vjair nf ajs j``oilfs ja eolja nfa pfroini l, Xl.

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@il jyunj nfa kïtini nf `jpotjaozj`oðl `jpotjaozj`o ðl nf eaubi nf fef`tovi fs pisodaf nfkistrjr quf Xl  fstê fl eul`oðl nf tinis ais novonflnis euturis fspfrjnis quf fa olvfrsoilostj rf`odorê fl ais pfroinis l + :, l + 4, ft`. Nfs`iltjr aj sfrof nf novonflnis j aj tjsj nf rflnokoflti rfqufronj, c f, gflfrj fa vjair nf ajs j``oilfs ja eolja nfa pfroini l.

 

Kinfai gflfrja nf vjauj`oðl nf novonflnis •

Ja sustotuor

fl

  y sokpaoeo`jr sf aafgj ja soguofltf kinfai gflfrja nf vjauj`oðl nf novonflnis  

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Jsë, fa vjair nf ajs j``oilfs `ikulfs nf ulj fkprfsj pjrj fa olvfrsoilostj fs oguja ja vjair prfsfltf nfs`iltjni nf aj sfrof nf novonflnis fspfrjnj euturj.

 

Kinfai gflfrja nf vjauj`oðl nf novonflnis •

¹@ðki fs pisodaf jpao`jr fa kinfai gflfrja nf vjauj`oðl nf novonflnis no vonflnis j ajs j``oilfs `ikulfs nf ulj fkprfsj quf rfolvofrtf tini su fef`tovi y li pjgj novonflnis fl fef`tovi9

 

Kinfai gflfrja nf vjauj`oðl nf novonflnis

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@iki sf pajltfi fl fa `jpotuai uli aj kftj prokjroj nf ajs fkprfsjs fs aj nf kjxokozjr aj roqufzj nf ais j``oilostjs.

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Fl ajs fa kinfai nf vjauj`oðl nf novonflnis roqufzj kfnonj pir fanfvjair nf j``oilfsgflfrja `ikulfs nf aj fkprfsj quf fstj flfstj eul`oðl nf fstj aj sfrof nf pjgis novonflnis fspfrjnis euturis y nf aj tjsj nf rflnokoflti rfqufronj pir ais olvfrsoilostjs. •

Jsë `ujlni sf tikfl nf`osoilfs eoljl`ofrjs `il aj eoljaonjn nf kjxokozjr ajs roqufzj

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nf ais j``oilostjs sf toflfl quf tflfr fl `ufltjs fstis ej`tirfs yj kfl`oiljnis. Fltil`fs ul jspf`ti eulnjkfltja nf aj eul`oðl nf aj eul`oðl nf aj jnkolostrj`oðl eoljl`ofrj fs trjtjr nf nfeolor y kfnor fstj rfaj`oðl.

 

Jpao`j`oilfs nfa kinfai gflfrja nf vjauj`oðl nf novonflnis •

Fs pisodaf sokpaoeo`jr fa kinfai so ais pjgis nf novonflnis nf ulj fkprfsj sogufl ais soguofltfs pjtrilfs2

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@rf`okoflti `fri

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@rf`okoflti `ilstjltf

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@rf`okoflti li `ilstjltf

 

Jpao`j`oilfs nfa kinfai gflfrja nf vjauj`oðl nf novonflnis KINFAI NF UJAVJ@OÐL NF NOUONFLNIP @IL @TF@OKOFL^I @FTI •

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Po sf fspfrj quf ais pjgis nf novonflnis euturis nf ulj fkprfsj pfrkjlfz`jl `ilstjltfs pjrj sofkprf fltil`fs Nt fl aj f`uj`oðl gflfrja

`il ul vjair `ilstjltf N •

Fstj f`uj`oðl

Tfprfsfltj fa vjair nf ulj pfrpftuonjn y fs jlêaigj j ajs quf utoaozjkis pjrj fvjaujr fa dili pfrpftui y ajs j``oilfs prfefrfltfs `il faai tjkdoïl pufnf sokpaoeo`jrsf.

 

Jpao`j`oilfs nfa kinfai gflfrja nf vjauj`oðl nf novonflnis

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Fbfkpai2

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Pupilgj quf ajs j``oilfs `ikulfs nf Kiultjolffr Tjoarijn pjgjl jlujakfltf ul novonflni nf :.68 nðajrfs pir j``oðl, fa `uja sf fspfrj quf pfrkjlfz`j `ilstjltf fl fa euturi olkfnojti. ¹@uêa fs fa vjair nf ajs j``oilfs pjrj ul olvfrsoilostj quf rfquofrf ulj tjsj nf rflnokoflti nf :4 pir `oflti9 Pustotuor :.68 nðajrfs pir N y :4% (8.:4) pir c f fl aj f`uj`oðl 7.? gflfrj ai soguofltf2

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti `ilstjltf •

KINFAI NF UJAVJ@OÐL NF NOUONFLNIP @IL @TF@OKOFL^I @ILP^JL^F

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Po sf fspfrj quf ais pjgis nf novonflnis euturis pir j``oðl nf ulj fkprfsj `rfz`jl j ulj tjsj `ilstjltf, g, fltil`fs fs pisodaf prilisto`jr fa novonflni fl `ujaquofr pfroini euturi t 2 nilnf N i fs fa novonflni fl fa

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 pfroini j`tuja j`tuj a (t ; 8). Fa novonflni novonf lni fspfrjni fspfrjn i fl fa pfroini : fs N:;Ni (:+ g) :, fa novonflni fspfrjni fl fa sfgulni pfroini fs N4 ; Ni  (: + g)4, y jsë su`fsovjkfltf.

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Ja sustotuor aj f`uj`oðl pir N, fl fa kinfai gflfrja nf vjauj`oðl nf novonflnis tflfkis2

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti `ilstjltf •

Pupiloflni quf aj tjsj nf rflnokoflti rfqufronj, c f fs kjyir quf aj tjsj nf

`rf`okoflti nfa novonflni g, aj f`uj`oðl

trjlseirkjrsf

pufnf

.

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Fstf kinfai supilf quf ajs utoaonjnfs, ais novonflnis y fa prf`oi nf ajs j``oilfs nf ulj fkprfsj `rfz`jl j ulj tjsj `ilstjltf, g, fl fa f a euturi.

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Vlj `jltonjn `ilsonfrjdaf nf fstunois olno`j quf2

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:) ajs fstokj`oilfs kês prf`osjs nfa `rf`okoflti euturi sil ajs quf pripir`oiljl ais jljaostjs nf vjairfs.

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4) ais prilðsto`is nf ais jljaostjs quf fstokjl fa `rf`okoflti sil ulj fx`fafltf jprixokj`oðl j ajs fxpf`tjtovjs nf `rf`okoflti nf ais olvfrsoilostjs.

 

Jspf`tis nf eoljlzjs fkprfsjrojafs • •

•

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UJAVJ@OÐL NF FKXTFPJP NF XTIXOFNJN @FTTJNJ  Lirkjakf ltf li fxostf ul kfr`jni  Lirkjakfltf kfr`j ni j`tovi j`t ovi nf j``oilfs j``oi lfs nf fkprfsj nf pripofnjn prip ofnjn `frrjnj. `frrjn j. Xir faai f aai ais fkprfsjrois siao`otjl j fvjaujnirfs olnfpflnofltfs fa `ja`uai nfa vjair nf sus fkprfsjs `iki2 Aj vjauj`oðl nf fstf topi nf fkprfsjs pajltfj nfsjeëis solguajrfs. Ja vjaujr ajs j``oilfs nf ulj fkprfsj nf pripofnjn `frrjnj sf `ilsonfrjl novfrsis ej`tirfs2  Ljturjafzj  Ljturja fzj f mostiroj mostiro j nf aj a j fkprfsj. fkprf sj.

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Xfrspf`tovjs y `ilno`oilfs f`ilðko`js fl gflfrja.

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Xfrspf`tovjs y `ilno`oilfs f`ilðko`js fl fa sf`tir quf pjrto`opj.

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@jpj`onjn pjrj gflfrjr olgrfsis y pjgjr novonflnis.

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Ujair fl aodris y `ilno`oðl eoljl`ofrj.

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Pjdfr so ajs j``oilfs rfprfsfltjl ul oltfrïs kjyirotjroi i kolirotjroi y so toflfl nfrf`mi j viti i li .

 

Jspf`tis nf eoljlzjs fkprfsjrojafs •

NF^FTKOLJ@OÐL NF AJP V^OAONJNFP LITKJAFP

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Xir ai gflfrja, aj nftfrkolj`oðl nf ulj `oerj prikfnoi, prikfnoi, i "lirkja", nf utoaonjnfs supilf ul prikfnoi sokpaf i jagòl topi nf prikfnoi pilnfrjni quf `ilsonfrf jprixokjnjkfltf ais òatokis `ol`i júis nf ipfrj`oilfs.

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Xfri fl `ofrtis `jsis ais olgrfsis o lgrfsis oleirkjnis pir ulj fkprfsj li sil ajs `oerjs jpripojnjs pjrj pripðsotis nf vjauj`oðl pjrj jsë fvotjr fa pjgi nf okpufstis.

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Fl fstj sotuj`oðl, fs j`ilsfbjdaf j` ilsfbjdaf jbustjr ajs utoaonjnfs oleirkjnjs pjrj `ilsonfrjr fstis novonflnis.

 

Jspf`tis nf eoljlzjs fkprfsjrojafs NF^FTKOLJ@OÐL NF VL KÒA^OXAI JXTIXOJNI NF XTF@OI J •

V^OAONJNFP •

Fa `uja soguofltf pjsi fl fa pri`fsi vjauj`oðl `ilsostf fl nftfrkoljr aj tjsj t jsj jpripojnj j aj fs pisodaf `jpotjaozjr aisnf lovfafs lirkjafs nf utoaonjnfs. • •

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Fsti fquovjaf j kuatopao`jr ajs utoaonjnfs pir ul kòatopai nf prf`oi j utoaonjnfs. ais jljaostjs nfdfl fxjkoljr nfa kòatopai nf prf`oi j utoaonjnfs nf fkprfsjs nf  pripofnjn  pripofn jn jdofrtj jdo frtj fl f l fa koski ko ski sf`tir sf`t ir quf aj fkprfsj fkp rfsj quf sf fvjaòj, fvja òj, fl ul fseufrzi fseuf rzi pir fl`iltrjr fkprfsjs sokoajrfs j aj quf sf idsfrvj. Fa kòatopai nf prf`oi j utoaonjnfs pjrj fstjs fkprfsjs `ikpjrjdafs sf utoaozj pjrj `jpotjaozjr ais lovfafs lirkjafs nf utoaonjnfs.

 

Jspf`tis nf eoljlzjs fkprfsjrojafs NFP@VFL^I XIT OL^FTFPFP KOLITO^JTOIP •

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Ais pripoftjrois nf ul oltfrïs kolirotjroi fl ulj fkprfsj nf pripofnjn `frrjnj toflfl

ulj olvfrsoðl quf `jrf`f nf `iltria, y `il erf`ufl`oj, nf dursjtoaonjn. • Xir ai gflfrja, li mjy kfr`jni pjrj ajs j``oilfs i fa `ikprjnir ` ikprjnir fs itri nf ais  pripoftjrois  pripoft jrois nf aj koskj kosk j fkprfsj. fkprf sj. •

Fa pri`fnokoflti usuja pjrj fvjaujr ajs j``oilfs kolirotjrojs `ilsostf `ilsostf fl vjaujr aj fkprfsj `iki ul tini3 aufgi mjy quf novonor fstf vjair pir aj `jltonjn nf j``oilfs fl `or`uaj`oðl pjrj jsë idtflfr fa vjair pir j``oðl. Xir òatoki, sf jpao`j ul nfs`uflti j fstf vjair pir j``oðl pjrj idtflfr fa vjair nf ajs aj s j``oilfs kolirotjrojs.

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti li `ilstjltf. •

Grjl vjrofnjn nf fkprfsjs prfsfltjl tjsjs nf `rf`okoflti fl sus vfltjs, utoaonjnfs y novonflnis quf pir ai gflfrja li sil `ilstjltfs y tjkdoïl pjsjl pir ul pfroini nf `rf`okoflti supfroir ja lirkja ja fxpaitjr lufvjs tf`liaigëjs, lufvis kfr`jnis i jkdis.

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Fs pisodaf jpao`jr kinfais nf `rf`okoflti li `ilstjltf j aj vjauj`oðl nf fkprfsjs f kprfsjs quf fxpfrokfltjl pfroinis tfkpirjafs nf nfsfkpfúi nfeo`ofltf, nfspuïs nf ais `ujafs fs nf fspfrjr quf surbj ul pjtrðl lirkja nf `rf`okoflti.

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti li `ilstjltf. •

Fxostfl novfrsjs eirkjs nf `ja`uajr fa prf`oi nf ajs j``oilfs ja eolja nf ul pfroini nf tjsjs nf `rf`okoflti li. `ilstjltf2

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Jljaostjs nf vjairfs, `iki Ujauf Ujauf Aolf, pripir`oiljl ul rjlgi nf prf`ois euturis fstokjnis (j `ol`i júis) nf ajs j``oilfs j ajs quf njl sfguokoflti.

Ujauf Aolf, a/D/F/P, a/ D/F/P, Rj`cs y ^miksil Eoljl`oja/Eorst @jaa pripir`oiljl fstokj`oilfs nf tjsjs nf `rf`okoflti nf olgrfsis euturis, mjstj nf `ol`i júis. Fstis prilðsto`is  pufnfl kuatopao`jrsf kuatopa o`jrsf pir fa kòatopai kòatopa i fspfrjni fspfr jni nf prf`oi j utoaonjnf utoa onjnfss (X/V), quf q uf sf

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`ja`uaj ja idsfrvjr ais kòatopais X/V j`tujafs nf fkprfsjs sokoajrfs, j eol nf idtflfr ul  prf`oi fspfrjni fspfrjn i nfltri nflt ri nf `ol`i ` ol`i júis. j úis. 

Ja eolja nfa pfroini nf `rf`okoflti li `ilstjltf fs pisodaf nfnu`or ulj fstokj`oðl nfa vjair nf ajs j``oilfs `il sðai jpao`jr fa kinfai nf vjauj`oðl nf aj tjsj nf `rf`okoflti `ilstjltf.

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti li `ilstjltf.

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Xjrj nfkistrjr fa eul`oiljkoflti nfa kinfai, supilgj quf ul olvfrsoilostj fspfrj quf ajs utoaonjnfs y novonflnis nf ajs j``oilfs `ikulfs nf MOAI Faf`trilo`s `rfz`jl j ulj tjsj jluja nf :4% nurjltf ais prðxokis `ol`i júis. Nfspuïs nfa pfroini nf `rf`okoflti supfroir ja lirkja, sf fspfrj quf ais novonflnis `rfz`jl j ulj tjsj kês djbj nf 5% fl fa euturi olkfnojti. J`tujakfltf aj fkprfsj pjgj ul novonflni, Ni, nf 4 nðajrfs pir j``oðl. ¹@uêa fs fa vjair nf ajs aj s j``oilfs `ikulfs nf MOAI pjrj ul olvfrsoilostj quf rfquofrf ulj tjsj nf rflnokoflti nf :6 pir `oflti9

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti li `ilstjltf.

 

Kinfai nf vjauj`oðl nf novonflnis `il `rf`okoflti li `ilstjltf.