NANODIMENSION Investor Deck Jan 2021

August 26, 2022 | Author: Anonymous | Category: N/A
Share Embed Donate


Short Description

Download NANODIMENSION Investor Deck Jan 2021...

Description

 

0H-ZRLGXMH MCM@XRDGL@P  K H H L X L Q M C \ E K G ] A K @ X ] R M H M C M @ X R D G L @ P ( K E M ) @drpdrktm Zrmsmgtktldg L Gkshkq> GGHE L Hm`mebmr ;? tf, 2:2:

Lgtmcclomgt Ek`flgms, @dgsuekbcm @dghu`tlvm & Hlmcm`trl` Lgi Ektmrlkcs GKPHK[>GGHE

;  

ZRLGXMH MCM@XRDGL@P (ZM) /  K H H L X L Q M C \ E K G ] A K @ X ] R M H M C M @ X R D G L @ P ( K E M )

Adrwkrh Cddilgo Ptktmemgts Xfls prmsmgtktldg da Gkgd Hlemgsldg Cth. (tfm –@depkgy―) `dgtklgs –adrwkrh-cddilgo stktmemgts― wltflg tfm emkglgo da tfm Zrlvktm Pm`urltlms Cltloktldg Rmadre K`t kgh dtfmr sm`urltlms ckws. _drhs su`f ks –mxpm`ts,― –kgtl`lpktms,― –lgtmghs,― –pckgs,― –bmclmvms,― –smmis,― –mstlektms― kgh  slelckr mxprmssldgs dr vkrlktldgs da su`f wdrhs krm lgtmghmh td lhmgtlay adrwkrh-cddilgo stktmemgts. Adr mxkepcm, tfm @depkgy ls uslgo adrwkrhcddilgo cddil go stktmemgts wfmg lt hls`u hls`uss ss tfm pdtmg pdtmgtlkc tlkc da lts prdhu`ts, prdhu`ts, strktm strktmol` ol` ordwtf pckg, lts buslg buslgmss mss pckg kgh lgvmstemgt lgvmstemgt pckgs pckgs,, tfm slzm da lts khhrmsskbcm ekrimt, ekrimt ordwtf, kgh mxpm`tmh rm`urrlgo rmvmgum ordwtf. Adrwkrh-cddilgo stktmemgts krm gdt flstdrl`kc ak`ts, kgh krm bksmh  updg ekgkomemgt“s `urrmgt mxpm`tktldgs, bmclmas kgh prdnm`tldgs, ekgy da wfl`f, by tfmlr gkturm, krm lgfmrmgtcy ug`mrtklg. Pu`f mxpm`tktldgs, bmclmas kgh prdnm`tldgs krm mxprmssmh lg oddh akltf. Fdwmvmr, tfmrm `kg bm gd kssurkg`m tfkt ekgkomemgt“s mxpm`tktldgs, bmclmas kgh prdnm`tldgs wlcc bm k`flmvmh, kgh k`tukc rmsucts eky hlaamr ektmrlkccy arde wfkt ls mxprmssmh lg dr lghl`ktmh by tfm adrwkrh-cddilgo stktmemgts. Adrwkrhcddilgo stktmemgts krm subnm`t td rlsis kgh ug`mrtklgtlms tfkt `duch `kusm k`tukc pmradrekg`m dr rmsucts td hlaamr ektmrlkccy arde tfdsm mxprmssmh  lg tfm adrwkrh-cddilgo stktmemgts. Adr k edrm hmtklcmh hms`rlptldg da tfm rlsis kgh ug`mrtklgtlms kaam`tlgo tfm @depkgy, rmamrmg`m ls ekhm td tfm @depkgy“s rmpdrts alcmh arde tlem td tlem wltf tfm Pm`urltlms kgh Mx`fkgom @deelssldg (–PM@―), lg`cuhlgo, but gdt cleltmh td, tfm rlsis hmtklcmh  lg tfm @depkgy“s kggukc rmpdrt adr tfm ymkr mghmh Hm`mebmr 0;, 2:; GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

2

 

XK B C M D A @ D G X M G X P

• Mx Mxm` m`ut utlv lvm m Pueek Pueekry ry • Bu Busl slgm gmss ss Ed Edhm hmcc • Xm` m`fg fgdc dcdo doy y • Ekrimt • Bus Buslgm lgmss ss lg Xlem Xlems s da @drdg @drdgk k • Ptr Ptrktm ktmoy oy & Xk`tl k`tl`s `s • Kp Kpp pmg mghl hlx x

GGHE L www.gkgd-h Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

0

 

GKGD HLEMGPLDG DAAMRLGO KEM 0H-ZRLGXLGO P\PXMEP

G k G d P    ‐ 0 H A K B R L @ K X L D G P M R Q L @ M

HRKODGAC\ CHE, HRKODGAC\ ZLI

A D R X F M Z R D H ] @ X L D G D A F l - Z M H s XE



Pystme



@d-`rmktldg / Hmslog



Xrklglgo kgh Puppdrt



Zrdtdtyplgo



Cmkslgo Dptldgs



Cdw Qdcuem Zrdhu`tldg

GGHE L www.gkgd-h Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

8

 

FD_ HDMP LX _DRI4

;;:

Nust dgm ekguak`turlgo stmp> Gd gmmh adr mt`flgo, prmsslgo, mcm`trdpcktlgo!

X_D ZRLGXFMKHP LGINMX BDXF EKXMRLKCP PLE]CXKGMD]PC\> ◉

Bdtf `dghu`tdr & lgsucktdr substrktms krm prlgtmh



Bdtf ektmrlkcs krm k`tlvktmh k`tlvktmh lg rmkc ‐ tlem dg-tfm-acy



;::% auccy khhltlvm prd`mss!

XFM DBNM@X LP B]LCX ]Z, CK\MR B\ CK\MR, XFRD]OF A]CC PXK@I XFL@IGMPP> ◉

@dghu`tlvm ckymrs & hlmcm`trl` ckymrs



Hrlccs kgh vlks bdttde up prlgtmh



Pdchmreksi Pdchm reksi & kggd kggdtktldg tktldg

GGHE L www.gkgd-h Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

=

 

MVKEZCM DA Fl-ZMHs™>

QMRXL@KCC\ PXK@IMH LGXMORKXMH @LR@]LXP (L@P)

Ptk`imh L@s fkvm k flofmr `lr`ultry hmgslty tfkg trkhltldgkc Z@Bs by kccdwlgo L@s td bm edugtmh kgh lgtmr`dggm`tmh dg tdp da mk`f dtfmr.

GGHE L www.gkgd-h Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

1

 

ZRDH]@M @DEZCMV Z@B KGH Fl-ZMHP™

Fl-ZMHs™ FLOF ZMRADREKG@M MCM@XRDGL@

KEM @LR@]LX  KEM @lr`ult wltf _LXF LGXMORKXMH A]G@XLDGKC @KZK@LXDRP @kpk`ltdrs

LDX K``mss Zdlgt

LDX/_LAL K@@MPP ZDLGX

 KEM wltf Plhm KEM @LR@]LX _LXF Edugtmh @depdgmgts

PLHM ED]GXMH KGH LGPMRXMH @DEZDGMGXP

QMRXL@KCC\ PXK@IMH Qmrtl`kccy Ptk`imh LGXMORKXMH @LR@]LXP Lgtmorktmh @lr`ults



Akst prdtdtyplgo, fdurs vs wmmis



Xmgs da ckymrs lg k 0ee bdkrh

HMQL@MP

Cdw Zkss CD_ Z KPP ALCXAlctmr  MR

@DEZCMV E]CXLCK\MR Z@B (=: CK\MRP)

@dlcs @DLCP & & LGHLghu`tdrs ]@XDRP

0H 0H ELELH H

RA RA KGKgtmggk XMGGKP



Zrlgtmh mebmhhmh `depdgmgts



Mxpkgh 0H s`kcms



Alccmh Qlks> Gd gmmh adr hrlcclgo

GGHE L www.gkgd-hl.`de GKPHK[> GGHE www.gkgd-hl.`de | © 2:2: 2:2: Gkg Gkgd d Hlem Hlemgsl gsldg. dg. Kcc rlo rlofts fts rms rmsmrv mrvmh. mh.

?

 

D]R ELPPLDG

Dur HrkodgAcy™ KEM Ek`flgms (`dgtrdccmh by  KL kcodrltfes) prdhu`m mcm`trdgl` hmvl`ms by sleuctkgmdus 0H-lgnm`tldg da hlmcm`trl` kgh `dghu`tlvm ektmrlkcs td akbrl`ktm, wltflg fdurs> Flof Zmradrekg`m Mcm`trdgl` Hmvl`ms> Fl-ZMHs™ Pmgsdrs, Kgtmggks, @kpk`ltktdrs, @dgvmrtdrs adr uglqum omdemtrlms kgh `depcmx hmvl`ms _m hmvmcdp kgh prdhu`m prdprlmtkry `dgsuekbcms `fmel`kc lgis lg dur KEM ek`flgms. Kcc krm elssldg `rltl`kc kgh m`dgdel`kc adr dur `ustdemrs.

GGHE L www.gkgd-h Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

6

 

H R K O D G A C \ C H E >  K H L O L X K C A K @ X D R \ L G K B D V

KCC DA XFLP …

…RMZCK@MH _LXF XFLP! Gkshkq> GGHE L www.gkgd-hl.`d l.`de e | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h. GGHE L www.gkgd-h

<

 

GKGD HLEMGPLDG •

Khhltlvm Ekguak`turlgo Mcm`trdgl`s (KEM) lghustry cmkhmr 



Edrm tfkg k hdzmg orkgtmh pktmgts, kgh edrm tfkg tfrmm hdzmg pktmgt kppcl`ktldgs



Alrst-td-Ekrimt khvkgtkom



Xfm dgcy tm`fgdcdoy tfkt `dgvmrts hloltkccy mcm`trdgl`s `lr`ults lgtd aug`tldgkc flof pmradrekg`m hmvl`ms

• •

Kpprdx. 1: systmes sdch wdrchwlhm Lg`rmkslgo rm`urrlgo rmvmgum da prdprlmtkry `dghu`tlvm kgh hlmcm`trl` ektmrlkcs (0H-prlgtlgo lgis)



Ptrdgo `ksf-pdsltldg ($80:.< ks da Hm` ;2, 2:2:) Lg`cuhlgo sfdrtsfdrt- kgh cdgo-tmre bkgi bkgi hmpdslts Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

;:

 

GKGD HLEMGPLDG> ALGKG@LKC HKXK GKPHK[ Pfkrms Dutstkghlgo> GGHE ~;06,?::,::: *  KHP rktld> ;>; ~$6:E lgvmstmh edstcy lg R&H, dvmr 1 ymkrs • @ksf> $80:.

# da 0H Zrlgtlgo ek`flgms sdch > • HrkodgAcy Zrd> • Hr Hrko kodg dgAc Acy y CH CHE E ek`f ek`flg lgms ms (slg`m [0/2:;

@DGP]EKBCM RMQMG]M ORD_XF

• Ks tfm tfm lgstk lgstkccm ccmh h bksm da systm systmes es ordws, tfm rm`urrlgo rmvmgums arde `dgsuekbcms lg`rmksms. • Zdsltl Zdsltlvm vm trmg trmgh h da lg`r lg`rmks mksmh mh lgi lgi `dgsueptldg by `ustdemrs ls k vkclhktldg td dur rm`urrlgormvmgum buslgmss edhmc. • Zrlgtm Zrlgtmh h Mcm`t Mcm`trdg rdgl`s l`s (–Z (–ZM― M― dr dr –KEM―) kgh @dgsuekbcm Ektmrlkcs> Rm`urrlgo & Flof OE Rmvmgum

2:;6/;[

2:;6/2[

2:;6/0[

2:;6/8[

2:; Cdw Zrdhu`tldg Qdcuem Pystme



Ptkom Q

EZQ> Emhlue Zrdhu`tldg Qdcuem Pystme



CZQ

EKRI LLL EKRI LL ZLI*

Ptkom :

Ptkom L

tdhky

2:2;

Ptkom LL

Ptkom LLL 2:22

Ptkom LQ

Ptkom Q 2:20

*Zmradrekg`m Leprdvmemgt Ilt

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

;8

 

G M _ E K G ] A K @ X ] R L G O Z D P P L B L C L X L M P _ L X F X F M H R K O D G A C\ C H E

Flof-Zmradrekg`m Mcm`trdgl` Hmvl`ms™ > Fl-ZMHs™

RA KEZCLALMR ADR PZK@M ◉ ◉ ◉

ZRLGXMH @KZK@LXDRP

Cloft wmloft Lgtmorktmh hmslog 3 ;hb oklg hlaamrmg`m





RKZLH ZRDXDX\ZLGO LGFD]PM ◉ ◉

Edgtfs 7 hkys Hdzmgs da ckymrs, bdtf slhms pdpucktmh

Flof K``urk`y @kpk`ltdrs Lgtmorktmh lg tfm bdkrh =: ckymrs

LGGDQKXLQM EMEP ZK@IKOLGO

HRKODGAC\ CHE –Clofts Dut― Hloltkc Ekguak`turlgo

◉ ◉

Mebmh plmzdmcm`trl` trkgshu`mrs @depk`t, cloftwmloft kgh rdbust pk`ikom

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

QLPLDG> BRLHOLGO XFM OKZ

HrkodgAcy CHE & Lgi Ektmrlkcs Hmslog  Zrdda da @dg`mpts  Zrdtdtypm & Mkrcy Akbrl`ktldg da FlZMHs™(Flof Zmradrekg`m Mcm`trdgl` Hmvl`ms)

XRKHLXLDGKC LGXMORKXMH @LR@]LXP (L@, @flps, @Z], KPL@s)

KEM XM@FGDCDO\

XRKHLXLDGKC ZRLGXMH @LR@]LX BDKRHP (Z@B)

;=

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

;1

 

XRKHLXLDGKC Z@Bs> OMDORKZF\ ;% • • • •

;%

2% =%

Plgokpdrm Zflclpplgms

2%  Krdugh GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

XRKHLXLDGKC Z@Bs> ZRDXDX\ZLGO

Zrdtdtypm typms s krm datmg datmg Zrdtd `rmktmh by smghlgo hloltkc hmslogs (typl`kccy arde tfm

Hmslogs

]P dr Murdpm td @flgk) kgh wkltlgo ? td 2; hkys td rm`mlvm rm`ml vm k Z@B bk`i. Z@Bs

Xfls ls scdw, `dstcy kgh puts `drm lgtmccm`tukc lgtmccm`tu kc prdpmrty kt rlsi.

;?

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

;6

 

R M X ] R G D G L G Q M P X E M G X> X> Z R D X D X \ Z L G O

_MMIP

Z r d da d a @ d g` m pt ( Z d @ ) & ZRDXDX\ZLGO

HMPLOG M@KH

HMPLOG M@KH



K``mcmrktm Zrdhu`t Hmvmcdpemgt kgh rmhu`m Xlem-Xd-Ekrimt (XXE)



Lg-Fdusm Rkplh Zrdtdtyplgo wltf Gkgd Hlemgsldg KEM Pystmes

&ZZRdD@X D X\ZLGO HK\P

XMPXLGO

XMPXLGO

XDDCLGO

XDDCLGO

ZRDH]@XLDG

ZRDH]@XLDG

Gkgd Hlemgsldg KEM Pystme

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

;<

 

R M X ] R G D G L G Q M P X E M G X> X> Z R D H ] @ X L D G

EDGXFP

Z r dd a d a @ d g` m pt ( Z d @ ) & ZRDXDX\ZLGO

HMPLOG M@KH

◉ ◉ ◉

HMPLOG M@KH

XMPXLGO

XDDCLGO

ZRDH]@XLDG

Mclelgktm gmmh adr tddclgo @dgsdclhktm Kssmebcy Ptmps Cdw Elx / Flof Qdcuem Zrdhu`tldg wltf Gkgd Hlemgsldg KEM Pystme

Z d @ & Z RD XD X\ZLGO

XMPXLGO

ZRDH]@XLDG

Gkgd Hlemgsldg KEM Pystme

_MMIP

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

2:

 

 K E M / 0 H Z R L G X M H M C M @ X R D G L @ P E K R I M X LHXm`fMV • Xf Xfm m td tdtk tkc(2:;> 2:; :;? ? 0H prl rlg gtm tmh h mcm cm`t `trrdgl gl`s `s ekrrim ek imtt sl slz zm ls mst stllek ektm tmh h kt $;? ;?1 1 el elcc ccld ldg, g, mxp xpm` m`tm tmh h td rm rmk` k`f f $= $=< REdhmc― L H L G O‐ Ptkoms X F M ML77LL77LLL7 M Z F K7LQ77Q GX –Aklc-skam-BldX –Aklc-skam-BldXm`f L7C7LL77LLL77LQ77Q qukrtm Plg` Plg`m m @dv dvlh lh-; -;< < mr mrup uptl tldg dg ‐ lt ls gdt kbdut qukr tmrc rcy y Rm Rmvm vmgu gum m `u `urv rvm m. _m krm ad`usmh dg ups psllhm tfr tfrduof k``mcmrktlgo Zrdhu`tt Xm`fgdc Zrdhu` m`fgdcdol dol`kc `kc Mhom Mhom (]psl (]pslhm hm clim clim Bldtm` Bldtm`f) f) B] B]X X wm fk fkvm vm sd sdch ch kp kppr prdx dx.. 1: ek`f ek`flg lgms ms kcrm kcrmkh khy y. @dg @dgtrk trkry ry td Bld Bldtm` tm`f f Ptko kom m ls pr prdt dtm` m`tm tmh h (k (ks s k skcm kcm da tf tfm m mxls mxlstl tlgo go busl buslgm gmss ss kt lepr leprdv dvlg lgo o euct euctlp lpcm cms, s, ks pmr pmr stko stkom, m, ls k hdwg hdwgsl slhm hms, s, k ak aklclcur urm m kt kgy kgy Pt vlkbc vlkbcm m kctmrg kctmrgktl ktlvm) vm)-Ad -Adrr kcc FlZMH™ FlZMH™ prl prlgtmh gtmh by Hrkodg HrkodgAcy Acy 0H Mcm`tr Mcm`trdgl dgl` ` 0H-Zrl 0H-Zrlgtl gtlgo go Ek` Ek`flg flgms> ms> Ptkom L

HrkodgAcy ZLI ‐ ZLI ‐ (Zmradrekg`m Leprdvmemgt Ilt)

Ptkom LL

HrkodgAcy EKRI (Ekguak`turlgo Kgh Rmclkblclty Ilt) wltf gmw ektmrlkcs tfkt rmk`f spm`lal`ktldgs da – Lghustrlkc― stkghkrh (mgvlrdgemgtkc tdcmrkg`m> tmepmrkturm, vlbrktldgs mt`.). Rmpmktkblclty kgh rmclkblclty da prlgtlgo prd`mss ‐ kt –lghustrlkc cmvmc―

(–GO―) ―) wltf gmw ektmrlkcs wfl`f alt elc-spm`s> Euctlpcm Lgis9 Puppdrt Ektmrlkc Ptkom LLL Gmxt-Omg Ek`flgm (–GO Ptkom LQ Gmw Ek`flgm, prdhu`tldg-rugs `kpkblclty kgh tfrduofput adr su`f Ptkom Q Ckrom @fu`i, flofmst tfrduofput kgh cdsm-cddp rmkc-tlem qukclty lgspm`tldg kgh kssurkg`m edhuckre dhuckr`dgalourkbcm ek`flgm

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

XFMRM LP KG MCMZFKGX LG XFM RDDE

@DRDGK LP KAAM@XLGO B]PLGMPPMP LG 2:2: _ D R I L G O K P P ] E Z X L D G >  K X C M K P X ] G X L C [ 0 / 2 : 2 ;  Kcc prmsmgt `ustdemrs wmrm dut-da-daal`m ugtlc Nucy 2:2:. Pdem ugtlc gdw. (Edstcy ]PK) • @f @flg lgms msm m `dep `depkg kglm lms s rmtu rmturg rgmh mh dg =/2: =/2:2: 2: but •

stlcc hmckylgo kcc pur`fksms da @kpltkc Mqulpemgt. Murd Mu rdpmk pmkg g bus buslg lgms mss s lg lg Nugm Nugm-N -Nuc ucy y but hmcky hmckymh mh edst @kpMx hmpcdy hmpcdyemgts emgts..



]PK `drp `drpdrk drktld tldgs gs prdnm prdnm`tm `tmh h Nugm ks –bk`i –bk`i-td -td-bu -buslg slgmss mss―― but `fkgomh td Nucy, kgh tfmg `fkgomh td –ekybm cktmr dr mkrcy 2:2;―



Edst `ustdemr Edst `ustdemrs s (mspm` (mspm`lkc lkccy cy lg ]PK) ]PK) krm lg lg hls`us hls`ussld sldgs, gs, but gd suppclmrs“ vlslts adr eklgtmgkg`m ugtlc aurtfmr gdtl`m. Fmg`m> Gd lgstkccktldgs krm pdsslbcm.



Kgh> Ekgy Ekgy Hrkodg HrkodgAcy Acy ckbs ckbs wmrm wmrm sfut sfut hdwg hdwg ugtlc ugtlc @drdgk @drdgk subslhm subslhms, s, wltf wltf gd `dgalremh hktm.



Murdpm Mur dpm mxp mxpmrl mrlmg` mg`lg lgo o tfm tfm sm`dg sm`dgh h wkvm wkvm ;:/2 ;:/2:2: :2:..

22

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

ZRMPMGX LGQMPXEMGX XFMPLP LP GM_

ZCKG ADR 2:2;> RLHLGO XFM MCMZFKGX • Ptkrtmh Ptkrtmh k Zrdtdtyp Zrdtdtyplgo/Ak lgo/Akbrl`k brl`ktldg tldg Pmrvl Pmrvl`ms `ms Buslgm Buslgmss> ss> GkGdP (Gkgd Pmrvl`ms) • Mxpkgh GkGdP ks rmvmgum omgmrktdr , but eklgcy ks k rdutm adr HrkodgAcy pur`fksms dg`m @kpMx krm rmcmksmh r mcmksmh pdst @drdgk • E&K smkr`f smkr`f hlrm` hlrm`tmh tmh kt kt tkromts tkromts tfkt tfkt wlcc wlcc mgkbcm mgkbcm td cmvmrkom GkGdP • LGQMPX FMKQLC\ td prmmept smmhs da `depmtltldg> Zrdhu`t & tm`fgdcdoy cmkpardo tdwkrh prdhu`tldg ek`flgms (HrkodgAcy ZLI & GmxtOmg) • Elglekc lgvmstemgts lg skcms & ekrimtlgo (dtfmr tfmg GkGdP GkGdP)) ugtlc @DQLH-;< ls dvmr!!! • Xfmrm ls gd rmksdg td hrlcc lg k hry almch. al mch. Xfm rl`f ordughs ls mxpm`tmh td rmdpmg lg 2-8 qukrtmrs. qukrtmrs. • @DGPMRQM @DGPMRQM @KPF77 @KPF77 K@@MCRKXM K@@MCRKXM XM@FGDCDOL@ XM@FGDCDOL@KC KC MHOM MHOM td `rmktm `rmktm –Lghus –Lghustry try 8.:― Xm`tdgl` Pflat.

20

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

G K G D H L E M G P L D G >  K Z Z R D V . 1 : P \ P X M E P O C D B K C C \

Gkgd Hlemgsldg @ustdemrs> @ustdemrs>



0 Euc Euctl tl-b -bllcc ccld ldg g ]P$ hmamgsm ekguak`turmrs



2 Mu Murd rdp pmkg hm hmamgsm `depkglms kgh euctlpcm sm`rmt smrvl`ms



; Euc Euctl tl-b -blclcclcldg dg ]P ]P$ $ vkc vkcum umh h tm`fgdcdoy `dgocdemrktm



Euctlp Euct lpcm cm cm cmkh khlg lgo o rmsm rmsmkr kr`f `f lgstltutldgs krdugh tfm wdrch

28

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

 K H H L X L Q M E K G ] A K @ X ] R L G O D A 0 H M C M @ X R D G L @ P Flof Zmradrekg`m Mcm`trdgl` Hmvl`ms™>

Fl-ZMHs™

2=

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@MRXLAL@KXLDGP

Lg-fdusm HrkodgAcy systme ekguak`turlgo A@@, @M, ]C, @PK, MK@

Lg-fdusm gkgd lgi ekguak`turlgo  ‐ `kpk`lty td emmt auturm hmekgh

Xdp qukclty `mrtlalmh LPD;8::; kgh DFPKP;6::; LPD 8=::; kgh RdFP

21

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

2?

 

AK @ X ] R L G O A D R M C M @ X R D G L @ P 4 _ F \ K H H L X L Q M E K G ] AK

RKZLH ZRDXDX\ZLGO

 K H Q K G @ M H Z R D H ] @ X P > F l Z MH A K B RL @ KX L DG

Bmgmalts> Pfdrtmg ydur Xlem-tdEkrimt, rmhu`m `dst kgh lg`rmksm lggdvktldg wltf kolcm prdtdtyplgo

Bmgmalts> Zrdhu` Zrdhu`m m bmttmr bmttmr,, cloft cloftmr mr,, `dst-maam`tlvm prdhu`ts by mclelgktlgo kssmebclms kgh

Bmgmalts> Xfm auturm wlcc kccdw buslgmss edhmcs bksmh dg pkrt cl`mgslgo. Mclelgktm tfm gmmh da

kgh akst ammhbk`i `y`cms Rmhu`m hmvmcdpemgt tlem ◉

leprdvlgo tfm pmradrekg`m lg 0H adres

smghlgo pfysl`kc pkrts Dg sltm pmr hmekgh prdhu`tldg ◉ da spkrm pkrts





Rmhu`m prdtdtyplgo kgh R&H `dst



Lgfdusm, prlgt hmslogs dvmr gloft ◉



Aucc `dgalhmgtlkclty `dgalhmgtlkclty / LZ prdtm`tldg Xmst ekgy hmslogs adr edrm aug`tldgs



Rmhu`m `dst da mrrdr 







XDHK\

Zrdhu`m `depcmx 0H `lr`ults kgh dptlelzm adre ak`tdr (PlZ, (PlZ, Fmtmrdomgmdus Lgtmorktldg) Rmhu`m kssmebcy stmps by prlgtlgo `depdgmgts Rmhu`m slzm kgh wmloft da prdhu`ts Leprdvm prdhu`ts pmradrekg`m

HLOLXKC LGQMGXDR\



Gd tddclgo `dst



Mclelgktm std`i kgh armm up



wdrilgo `kpltkc @fkgolgo tfm pkrkhloe da mcm`trdgl`s prdhu`tldg



Rmhu`m mgvlrdgemgtkc wkstm

XDEDRRD_

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

26

 

D ] R @ ] P X D E M R P K R M L G G D Q KX KX D R P L G C M K H L G O E K R I M X P

RMPMKR@F

Xfm HrkodgAcy CHE Pystme mgkbcms ydu td prdhu`m `uttlgo mhom mcm`trdgl`s lg ydur ckb.

KMRDPZK@M

 KEM Xm`fgdcdoy mgkbcms ydu td rmhu`m wmloft kgh td elglkturlzm mcm`trdem`fkgl`kc `depdgmgts clim gmvmr bmadrm.

HMAMGPM

EMHL@KC

Immp ydur LZ lg ydur ckb wltf tfm HrkodgAcy CHE Pystme kgh skvm tlem by mclelgktlgo tfm gmmh adr lgvdcvlgo mxtmrgkc pkrtlms.

Rmhu`m tlem td ekrimt kgh dptlelzm hmslog adr emhl`kc hmvl`ms, bldemhl`kc smgsdrs kgh lg-vlvd kppcl`ktldgs.

 K ] X D E D X L Q M & LGH]PXRLKC

 KEM dptlelzms mcm`trdem`fkgl`kc pkrts adr> sekrt prdhu`ts, LdX, smgsdrs, kutdgdedus hrlvlgo, mcm`trl` vmfl`cms, =O gmtwdris.

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

GKGD HLEMGPLDG> @KPM PX]HLMP & @DDZMRKXLDG

L.

Rmsmkr`f Lgstltutms> @BG-LLX

LL.

Kmrdspk`m> FKRRLP

LLL. Hmamgsm> FMGPDCHX LQ. Emhl`kc> ZLM^DPILG Q.

Kutdedtlvm> RMFK]

2<

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@ ] P X D E M R @ K P M L > @ B G - L L X, L X K C \

Xfm sultkblclty da tfm HrkodgAcy systme td rkplhcy kgh kaadrhkbcy ekguak`turm aug`tldgkc prdtdtypms, `deblgmh wltf tfm brdkh m`dsystme da kppcl`ktldgs adr fmkctf kgh mgmroy fkrvmstlgo, ekims lt kg lhmkc `fdl`m adr dur tmke td k`flmvm flofmr  pmradrekg`m,  pmradrekg `m, qul`i hmvmcdpemgt hmvmcdpemgt kgh prlgt `depcmx sfkpms gdt k`flmvkbcm uslgo trkhltldgkc ekguak`turlgo prd`mssms.

Zrda. Ekssled Hm Qlttdrld @BG-LL @BG -LLX X ‘ Cm` Cm``m `m ‘ Ltk Ltkcy cy

0:

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@DDZMRKXLDG @KPM LL> FKRRLP, ]PK

Xfm kblclty td ekguak`turm RA systmes lgfdusm daamrs kg mx`ltlgo gmw emkgs adr rkplh kgh kaadrhkbcm prdtdtyplgo kgh vdcuem ekguak`turlgo. Xfm rmsucts da tfm stuhy prdvlhm substkgtlkc edtlvktldg td hmvmcdp tfls tm`fgdcdoy aurtfmr.

Hr. Krtfur Zkdcmcck, Pmgldr P`lmgtlst, Ppk`m kgh Lgtmcclomg`m Pystmes, Fkrrls @drpdrktldg

0;

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@]PXDEMR @KPM LLL> FMGPDCHX, OMREKG\

Elcltkry smgsdr sdcutldgs rmqulrm pmradrekg`m kgh rmclkblclty cmvmcs akr kbdvm tfdsm da `deemr`lkc FMGPDCHX kgh Gkgd Hlemgsldg K`flmvm Brmkitfrduof lg Mcm`trdgl`s 0H Zrlgtlgo FMGPDCHX su``mmhmh lg kssmebclgo tfm wdrchs alrst 0H prlgtmh ;:-ckymr prlgtmh `lr`ult bdkrh (Z@B) wfl`f `krrlms flof-pmradrekg`m mcm`trdgl` stru`turms sdchmrmh td bdtf dutmr slhms. Xfls kccdws rkplh prdtdtyplgo lgfdusm da `depcmx Z@B.

`depdgmgts. Xd fkvm flof-hmgslty `depdgmgts qul`icy kvklckbcm wltf rmhu`mh maadrt by emkgs da 0H prlgtlgo olvms us k `depmtltlvm mhom lg tfm hmvmcdpemgt prd`mss da su`f flof-mgh mcm`trdgl` systmes.

Xfdeks Eóccmr, @MD da FMGPDCHX

― 

02

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@ ] P X D E M R @ K P M L Q > Z L M ^ D P I L G , L X K C\ C\

Gkgd Hlemgsldg“s KEM tm`fgdcdoy fmcpmh us td k`flmvm kg drlolgkc prdhu`t  prdtdtypm, lg wfl`f wlrms kgh `dggm`tdrs wmrm mclelgktmh kgh tfm pk`ikom wks elglelzmh, elglelzmh, td dbtklg kg dptlekc usmr mxpmrlmg`m. Lt slepclalmh tfm ekguak`turlgo prd`mss, ks `depkrmh td trkhltldgkc ekguak`turlgo emtfdhs.

Hr. Arkg`ms`d Oulhd, @XD Zlmzds Zlmzdsilg ilg P.R.C

00

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

@]PXDEMR @KPM Q> RMFK], OMREKG\

_ltf tfm HrkodgAcy CHE wm wlcc hrlvm adrwkrh RMFK]“s –Mcm`trdgl`s lgtd Zdcyemrs― strktmoy td spmmh up lg-fdusm mcm`trdgl`s hmvmcdpemgt kgh algh gmw lgstkccktldg spk`ms kgh aug`tldgs adr dur prdhu`ts.

Hr. Zflclpp Cu`fs`fmlhmr, RMFK] Mgolgmmr bmflgh tfm 0H tdu`f tdu`f smgsd smgsdr  r  hmslog

Pekrtlal`ktldg ls gd cdgomr Pekrtlal`ktldg  nust k vlsldg vlsldg adr us. us. RMFK] ls hmvmcdplgo leprdvmh prdhu`ts adr tfm sekrt fdem kgh LdX mgvlrdgemgt, kgh Gkgd Hlemgsldg ls prdvlhlgo lepdrtkgt tm`fgdcdoy td fmcp k``mcmrktm tfm kvklckblclty da prdelslgo gmw kppcl`ktldgs.

Hr. Kgsokr Glmfdaa, Fmkh da Xm`fgdcdoy Zcktadre –Mcm`trdgl`s lgtd Zdcyemrs― kt RMFK]

08

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

0=

 

AKLC PKAM –BLDXM@F-CLIM― LGQMPXEMGX EDHMC Plg`m @dvlh-; Cdw Zrdhu`tldg Qdcuem Pystme



Ptkom Q

EZQ> Emhlue Zrdhu`tldg Qdcuem Pystme

CZQ

ZLI

Ptkom L

Ptkom L

@deemr`lkc-Ppm`s

EKRI LLL

Ptkom :



Ptkom LLL 2:22

Ptkom LQ

Ptkom Q 2:20

*Zmradrekg`m Leprdvmemgt Leprdvmemgt Ilt

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

01

 

GKGD HLEMGPLDG MQDC]XLDG • •

28/? Zrlgt lg k @depk`t Pystme Lgtmorktmh KL KL Pdatwkrm

HrkodgA cy™ ™ CHE HrkodgAcy

–Xfm Pm`rmt Pku`m― @depmtltlvm Mhom & Bkrrlmrs td Mgtry Aug`tldgkc ]glqum Mcm`trdgl`s

HrkodgAcy ™ Zrd HrkodgAcy™ Ektmrlkcs & Ektmrlkcs Zrd`mss

HrkodgAcy

Alrst Zrdtdtypm 2:;0-;?

Lghustrlkc> Mkrcy Zrdhu`t 2:;6-2:;<

Mkrcy Khdptmrs> Akst Zrdtd Zrdtdtypl typlgo go & CdwQdcuem Zrdhu`tldg [0 2:;<

Xfm Fkrhwkrm ls kg Mgkbclgo Zcktadre

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

AK @ X ] R L G O A D R M C M @ X R D G L @ P 4 _ F \ K H H L X L Q M E K G ] AK 0H-Z -Zrl rlgt gtlg lgo o Hr Hrko kodg dgAc Acy y Ek`flgms wmrm sdch td cmkhl  Kpprdx. 1: 0H cmkhlgo go bcum-` bcum-`flp flp hmamgsm, hmamgsm, rmsmkr`f `deemr`lkc `deemr`lkc & odvmrgemgt drokglzktldgs

 K @ @ M C M R K X M

ZRDXM@X

tlem td ekrimt

LZ

LG@RMKPM

LEZRDQM

hmslog pdsslblcltlms

maal`lmg`y

0?

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

06

 

GKGD HLEMGPLDG> RMQMG]M HRLQMRP

Memrolgo Xm`fgdcdolms

Fl-ZMHs FlZMHs™ ™ Gm` Gm`mss mssltk ltktm tm

• @d @dee eeug ugl` l`kt ktld ldg g =O/RA =O/RA

• Ak Akst st tlemtlem-td td-e -ekr krim imtt

• Fmt Fmtmrd mrdomg omgmdu mdus s Lgtmork Lgtmorktld tldgs gs • Kmr Kmrdspk dspk`m `m (l.m. el`rdel`rd-skt sktmc mcltm ltms) s) • Hmamgsm • Em Emhl` hl`kc kc (l.m. (l.m. lg-v lg-vlv lvd d hmvl`ms) hmvl`ms) • Kut Kutded dedtlv tlvm m Rmv Rmvdcu dcutld tldg g (mcm`trl`kc, kutdgdedus)

• LZ sk skamty  lg-fdusm rkplh prdtdtyplgo kgh prdhu`tldg • Lgtmrk Lgtmrk`tl `tlvm vm hmvm hmvmcdp cdpemg emgtt • Hmv Hmvl`m l`m pmr pmradr adrek ekg`m g`m okl oklgs gs • @dgt @dgtrdc rdc da akbrl akbrl`ktld `ktldg g ak`lc ak`lcltlms ltlms



Hmamgsm & Fdemckgh Pm`urlty

Fl-ZMHs™ (Flof-Elx-Cdw-Q (Flof-Elx-Cdw-Qdcuem) dcuem) krm prdhu`mh kt flof qukgtltktms tfkt krm `dgstru`tmh arde flof elx da hmslogs kgh cdw vdcuem pmr vkrlmty. vkrlmty. Xfls gm`mssltktms prdtdtyplgo kgh cdw `dst da prdhu`tldg adr cdw vdcuems.

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

ZDPX @DRDGK _DRCH> EDQLGO P]ZZC\ @FKLG ‖LG FD]PM“ –Mvmg ks @flgk `dems bk`i dgclgm, wm krm bmolgglgo td wdghmr la @dvlh-;< wlcc lepk`t dtfmr suppcy-drlmgtmh omdorkpflms… …_flcm @flgk ls leprdvlgo, tfm suppcy `fklg adr tfm mcm`trdgl`s lghustry eky ymt smm substkgtlkc hlsruptldgs …. …Ekss kssmebcy ls dgcy dgm pkrt da Kppcm“s suppcy `fklg. Xfm `depkgy kgh lts ekgy pkrtgmrs spmgh

edgtfs ymkrs sdur`lgo lghlvlhukc `depdgmgts tfkt krm dr kssmebcmh lgtd algkc prdhu`ts. Kgy hlsruptldgs lg tfls `depcmx gmtwdri `duch scdw tfm lgtrdhu`tldg da ;

auturm hmvl`ms.― (Bcddeb (Bcddebmro mro))

Pdur`ms> ;)Ourekg,Ekri,kghHmbbu _u.–Fttps ;)Ourekg,Ekri,kghHmbbu _u.–Fttps>//_ww.bcddebmro.`de >//_ww.bcddebmro.`de/Kep/Gmws/Krtl`cms/2:2:-:0-; EDQLGO P]ZZC\ @FKLG ‖LG FD]PM“ D@XDBMR ;2tf, 2:2:> Xfm Kemrl`kg Kemrl`kg Hrmke> Brlgolgo Ak`tdrlms Bk`i td tfm ].P.(;)  K rmpdrt arde tfm E`Ilgsmy Ocdbkc Ocdbkc Lgstltutm adugh –;6: prdhu`ts k`rdss k`rdss vkcum `fklgs `fklgs adr wfl`f dgm `dugtry `dugtry k``dugts k``dugts adr ?:% dr edrm da mxpdrts, `rmktlgo tfm pdtmgtlkc adr bdttcmgm`is.― _drsm, ekgy da tfdsm prdhu`ts `dem `dem arde kg lg`rmkslgocy fdstlcm @flgk, k `lr`uestkg`m wltf prdadugh gktldgkc-sm`urlty lepcl`ktldgs adr tfm ].P. kgh dtfmr hmed`rk`lms. • Lgvmstdrs Lgvm stdrs stkgh stkgh td bmgmal bmgmaltt la rmsfdrlgo rmsfdrlgo emkgs emkgs k cdgomr-tm cdgomr-tmre re rmvlvk rmvlvkcc lg lggdvktldg lggdvktldg kgh acmxlb acmxlblclty lclty lg prdhu`tl prdhu`tldg. dg. Kgh Kgh flofmr flofmr dpmrktlgo `dsts `duch bm daasmt by flofmr rmvmgums, rmvmgums, wfmtfmr tfkt“s tfrduof flofmr wkoms cmkhlgo td ormktmr `dgsuemr `dgsuemr hmekgh, odvmrgemgt suppdrt, dr sdem `deblgktldg. •

Bdtf prmslhm prmslhmgtlkc gtlkc `kghlh `kghlhktms ktms wkgt wkgt td brlgo brlgo ekguak`tu ekguak`turlgo rlgo bk`i, bk`i, but but tfmlr tfmlr strktmolms strktmolms hlaamr. hlaamr. Hmed Hmed`rkt `rkt Ndm Ndm Blhmg fks fks ugvmlcmh ugvmlcmh k pckg td bddst amhmrkc spmghlgo dg ].P.-ekhm oddhs, suppdrt rmsmkr`f kgh hmvmcdpemgt, hmvmcdpemgt, `fkgom tfm tkx `dhm td t d hls`durkom daasfdrlgo, kgh `cdsm `cdsm cddpfdcms lg rucms tfkt kcrmkhy rmqulrm ]g`cm Pke td –Buy Kemrl`kg.― Kemrl`kg.―



_flcm Plcl`dg Plcl`dg Qkccmy Qkccmy ls gdw igdwg igdwg adr sdatw sdatwkrm, krm, ltlt drlolgkccy drlolgkccy prdspmrmh prdspmrmh ks k ekguak`tu ekguak`turlgo rlgo `mgtmr `mgtmr tfkt suppdr suppdrtmh tmh aughkem aughkemgtkc gtkc s`lmgtlal` rmsmkr`f lg pfysl`s, mcm`trdgl`s, kgh ektmrlkcs s`lmg`m. Ekgy da tfm wdrch“s cmkhlgo mcm`trdgl`s fkrhwkrm `depkglms krm stlcc fmkhqukrtmrmh lg Plcl`dg Qkccmy, but edst hdg“t ekguak`turm kgytflgo tfmrm.



Brlgolgo ekguak`tu Brlgolgo ekguak`turlgo rlgo bk`i bk`i td Kemrl`k Kemrl`k lsg“t lepdssl lepdsslbcm bcm by kgy kgy emkgs‘ms emkgs‘mspm`l pm`lkccy kccy lg `kpltkc `kpltkc-lgtmg -lgtmgslvm slvm sm`tdrs sm`tdrs su`f ks ks mcm`trdgl`s ….Lt eky mvmg bmgmalt lgvmstdrs…



–_fkt“s –_fkt“ s elssl elsslgo go ls ls tfm `kpk `kpkblclty blclty td plvdt― plvdt― td suhhm suhhmg g `fkgom `fkgoms s lg hmek hmekgh.―( gh.―(2) 2)

Pdur`ms> ;)Ekttfmw@.Icmlg,Bkrrdgs,]phktmh ;)Ekttfmw@.Icmlg, Bkrrdgs,]phktmhD D`tdbmr;2,2:2: `tdbmr;2,2:2://DrlolgkcD`tdbmr//www.bkrrdgs.`de/krtl`cms/tfm-kemrl`kg rtl`cms/tfm-kemrl`kg-hrmke-rmsfdrlgo-ek -hrmke-rmsfdrlgo-ekguak`turlgo guak`turlgo-=;1:22? -=;1:22?:::; :::; 2)Mrl`kAu`fs,prdamssdrd damgolgmmrlgokghpubcl`pdcl`y amgolgmmrlgokghpubcl`pdcl`ykt@krgmolmEm kt@krgmolmEmccdg, ccdg, fttps>//wkyskghemkgs.fdusm.odv/s ltms/hmed`rkts.wkyskghemkg kghemkgs.fdusm.odv/alcms/hd`u s.fdusm.odv/alcms/hd`uemgts/Mrl`k%2 emgts/Mrl`k%2:Au`fs%2: :Au`fs%2:Xmstledg Xmstledgy. y.pha  pha  fttps>//wkyskghemkgs.fdusm.odv/sltms/hmed`rkts.wkys

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

G K G D H L E M G P L D G “ P 0 H AK AK B R L @ K X L D G P M R Q L @ M P >



Gkgd Pm Pmrrvl`ms (GkGdPK) ls kg daamrlgo adr `ustdemrs wfd gmmh td omt tfmlr fkghsdg `depcmx, euctlckymrmh flof-pmradrekg`m mcm`trdgl`s wltf k qul`i turgkrdugh tlem.



Zrd rdv vlhm smrvl`ms td `ustdemrs krdugh tfm ocdbm wltf lts akbrl`ktldg ckbs lg tfm ]P, Lsrkmc kgh Fdgo Idgo.



Oukrkg Oukr kgtm tmmh mh qu qul` l`i i tu turg rgkr krdu dugh gh adr `depcmx Fl-ZMHs™.

GkGdP

 

82

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

80

 

GKGD HLEMGPLDG> GM_ @DRZDRKXM KGH ]P EKGKO MEMGX •  \dkv Ptmrg ‐ Zrmslhmgt & @MD (Ndlgmh :;/2:2:) ‐ Lgvm Lgvmst stdr dr kgh @fklr @fklrek ekg g @ybmr @ybmr,, Algt Algtm` m`f f kgh Edbl Edblcm/ cm/Ql Qlsuk sukcc Xm`f Xm`f (]PK). Zrmsl Zrmslhm hmgt gt & @MD @MD HQXMC Lg`.. (P Lg` (Pdc dch h td ACLR Pys Pystme tmes s ) ( G GN, N, Cd Cdgh ghdg dg,, Xm Xmcc Kv Kvlv lv,, Gm Gmw w Hm Hmcf cfl, l, Kh Khmc mckl klhm hm,, Pl Plgo gokp kpdr drm, m, Fd Fdgo go Id Idgo go,, Xk Xklw lwkg kg ).  K turg-krdugh mxm`utlvm lg tfm Fdemckgh Pm`urlty Pm`url ty Lghustr Lghustry. y. @d-@fk @d-@fklrekg lrekg Bdomg @drpdr @drpdrktldg ktldg ( G Gmw mw Nmr Nmrsmy, smy, Eme Emepfls pfls,, Acd Acdrlh rlhk, k, Omr Omrekg ekgy  y   ), dgm dgm da lts lts ek eklg lg lgvm lgvmst stdr drs s kgh kgh k em emeb ebmr mr da lts lts Mxm` Mxm`ut utlv lvm m Arkg kg`l `ls` s`d, d, Gm Gmw w \d \dri  ri   ), prlv prlvkt ktm m E& E&K K kg kgh h Xurg Xurg-@dee @deelt lttm tmm, m, Ku Kuhlt hlt @dee @deelt lttm tmm m kgh @dep @depmgs mgskt ktld ldg g @dee @deelt lttm tmm. m. Ekgko Ekgkolg lgo o Zkr Zkrtg tgmr mr Fmcl Fmclx x @kplt @kpltkc kc CC@ CC@,, ( Pkg P kg Ar  Krdugh Khvlsdry Alre. Mxm`utlvm @fklrekg da tfm Bdkrh Imc Imccst cstrde rde Lghu Lghustrl strlms ms Lg` Lg`.. (Acdrlhk),  K $0::E kmrdspk`m `drpdrktldg. Zrmslhmgt da  _drhPtkr  Lgtmrgk gtmrgktld tldgkc gkc,, Lg` Lg`.. ( P Pkg kg Ark Arkg`l g`ls`d s`d ), k $=:E $=:E pubc pubcl` l`cy cy tr trkh khmh mh sdat sdatwk wkrm rm `dep `depkg kgy. y. Er Er.. Ptmr Ptmrg g cmh cmh tfm tfm `dep `depkg kgy“ y“s s turg turgkr krdu dugh gh prd` prd`ms mss s kgh kgh stru`tu stru`turmh rmh tfm Mcm`trdgl` rdgl` (Gkshkq> buslgmss `deblgktldg `deblgktldg da _dr _drhP hPtk tkrr wltf wltf twd twd dtf dtfmr mr pub pubcl cl` ` `de `depkg pkglm lms, s, slel slelck ckrr slzms slzms.. Fm wks wks QZ E&K E&K & Bu Busl slgms gmss s Hmvm Hmvmcd cdpe pemgt mgt Mcrdg Mcm`t MCRGA)) k euctl MCRGA euctlgk gktl tldg dgkc kc lghu lghust strl rlkc kc lgvm lgvmst stemg emgtt fdch fdchlg lgo o `de `depk pkgy gy wltf wltf kgg kggukc ukc rmvmg rmvmgum ums s lg mx mx`ms `mss s da $;.= $;.= blcc blccldg ldg.. Mcrdg Mcrdg lgvm lgvmstm stmh h lg `dep `depkgl kglms ms k`t k`tlv lvm m lg tfm tfm alm almchs chs huktm da   Khvkg`mh Khvkg`mh mcm`trdgl`s9 mcm`t rdgl`s9 Hktk `deeugl`ktldgs `deeugl 9fmektl` Lgtmrgmt-sdat Lgtmrg mt-sdatwkrm prdhu`ts9 prdhu`t s9mg`m, Pmel`dghu`tdr Pmel` dghu`tdrs s mqulpe mqulpemgt9 mgt9 Xmcm`deeugl`ktl ugl`ktldgs. dgs. Er. Er . Pt Ptmr mrg g ls da G\], G\],hmamgsm B.P`. B.P`. Hmo Hmormm, rmm, Ekogk Ekogk @u @ue e Cku Ckuhm hm`ktldgs9 lg Ekt Ektfmek tl`s s kghwkrm @deputm @de putmrr P`l P`lmg`m , Mg Mgol olgmm gmmrl rlgo go Hlpc Hlpcde dek k lgXmcm`dee Em` Em`fkgl fkgl`s `s & Kut Kutdekt dektldg ldg Ekogk k Ork Orkhukt m da  K`khmey.. Kl Klrr Adr`m Adr`m Pmr Pmrvl vl`m> `m> Ct. Ct. @dcdg @dcdgmc mc (R (Rmt. mt.), ), Aloft Aloftmr mr Zlcdt Zlcdt,, H. Pqu Pqukhr khrdg dg @deek @deekghm ghmr, r, A-;=. A-;=. @u @ue e Ckuhm Ckuhm. Orkh Orkhuk uktm tm da tf tfm m Klr Adr`m K`khmey



^lil ^lil Zmcm Zmcmh h ‐ @DD, @DD, @RD @RD (Ndl (Ndlgm gmh h := :=/2 /2:2 :2:) :) ‐ Pmk Pmksdgm sdgmh h tur turg g krdugh krdugh mxm` mxm`utl utlvm vm arde arde ACLR ACLR Pys Pystme tmes, s, Lg` Lg`.. (Gkshkq (Gkshkq>> ACLR), ACLR), wfl wfl`f `f hmvm hmvmcdp cdps, s, ekgu ekguak` ak`tur turms, ms, ekrimts,, kgh hlstrl ekrimts hlstrlbutm butms s tfmr tfmrekc ekc lek lekolgo olgo syst systmes, mes, vlslbc vlslbcm-c m-clof loftt lekolg lekolgo o systmes, systmes, cd`ktdr cd`ktdr syst systmes, mes, emksurm emksurmemgt emgt kgh hlkogds hlkogdstl` tl` systmes, systmes, kgh khvk khvkg`m g`mh h tf tfrm rmkt kt hm hmtm tm`t `tld ldg g syst systme mes. s. _l _ltf tf kg kggu gukc kc turg turgdv dvmr mr da $; $;.6 .6 blcc blccld ldg g & k ekri ekrimt mt `kp `kp da $? blcc blccld ldg. g. Fm wks tfm tfm @MD da   Kpdccd Kpdccd Gmtwdri Pmrvl`ms Cth. wfmrm wfmrm fm ek ekgk gkom omh h ckro ckrom m prdn prdnm` m`ts ts lg tf tfm m almc almch h da Hm Hmam amgs gsm, m, Mg Mgmr mroy oy kg kgh h Xrkg Xrkgsp spdr drtk tktl tldg dg adr adr Alge Algem` m``k `kgl gl`k `k,, Euct Euctll-bl blcc ccld ldgg-mu murd rds s @d @drp rpdr drkt ktld ldg, g, kgh kgh dgm dgm da tfm tfm ckro ckroms mstt Acksf f Gm Gmtw twdr dris is Ct Cth. h. fm cmh cmh hmvm hmvmcd cdpe pemg mgtt kg kgh h `dee `deemr mr`l `lkc kclz lzkt ktld ldg g da Gmtt GmttOk Oklg lg™ ™ Edblc dblcm m Hktk Hktk Murd Mu rdpmk pmkg g dr drokg okglz lzktl ktldgs dgs da lts lts ilgh ilgh.. Zr Zrld ldr, r, @MD da ks lg Acks  K``mss Oktmwky. Zmcmh wks tfm @MD da  Bd Bdom omg g @d @dee eeug ugl` l`kt ktld ldg g Lg Lgt“ t“c, c, GN, ]P ]PK K lg Rk Rkes esmy my,, Gm Gmw w Nmrs Nmrsmy my,, kgh kgh Eugl` ugl`f, f, Omre Omrekg kgy, y, wf wfl` l`f f hmvm hmvmcd cdps ps,, ek gu gu aak k`turms , k gh gh ekrim ts ts tmcm `d `deeu gl gl`ktldg pmrlpfmrkcs , sd ug ugh p rd rd `m `mss lg lgo mqu lp lpe mg mg t.t. Mk rcrclm r, r, fm wks O E d a   Mcb ltlt @d ep ep ut utm rs rs C th th . Xmcm`deeugl`kt Xmcm`de eugl`ktldg ldg Hlvls Hlvlsldg, ldg, `de `depr prls lslg lgo o vkrl vkrldu dus s k` k`tl tlvl vltl tlms ms lg`c lg`cuhl uhlgo go @X @XQ Q pckgt pckgt,, Hktk Hktk @deeu @deeugl gl`kt `ktld ldg g k` k`tl tlvl vlty ty tfrd tfrduof uof tfm tfm hku hkuoft oftmr mr `de `depkg pkgy y Albrdgl`s kg kgh h Xmcm Xmcmpf pfdg dgy y dv dvmr mr @k @kbc bcm m XQ prdn prdnm` m`tt lg @flg @flgk. k. Mk Mkrc rclm lmrr lg Mc Mcbl bltt fm fks fks cmh cmh tfm tfm emro emromr mr da tfm tfm R&H R&H hlvl hlvlsl sldg dg kgh kgh tfm tfm Zrdh Zrdhu` u`tl tldg dg hlvl hlvlsl sldg dg wltf wltf dvmr dvmr ;,:: ;,::: : pmdpc pmd pcm m wltf wltf k hmvmc hmvmcdpe dpemgt mgt buh buhomt omt da $0: elcc elccld ldg g kgh prdhu prdhu`t `tld ldg g da dv dvmr mr $;: $;:: : elcc elccld ldg/ g/ymk ymkr. r.

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

88

 

GKGD HLEMGPLDG> GM_ @DRZDRKXM KGH ]P EKGKO MEMGX •

Kppc pclm lmh h Ek Ektm tmrl rlkc kcs s, wf wfmr mrm m fm `dee `deemr mr`l `lkc kclz lzmh mh tfm tfm Mg Mghur hurk k ZQ ZQH H sys systm tme e, tfm edst Hr Hr.. Nkle Nkle Guce ucekg ‐ MQZ MQZ Zrd Zrdhu` u`ts ts & @X @XD D (N (Ndl dlg gmh 2:;6 2:;6))  ‐ QZ da Kp su``mssa su``ms sauc uc sme smel` l`dg dghu hu`td `tdrr ek ekgua guak` k`tu turl rlgo go prd prdhu` hu`tt rm rmk` k`fl flgo go ekr ekrimt imt sf sfkr krm m ar arde de : td dv dvmr mr 1:% kgh k $;B lg rmvmg mvmgum um lg cmss mss tfkg tfkg = ym ymkr krs, s, wltf ltf dgm dgm da tfm flof flofms mstt ords ordss s ek ekro rolg lgs s lg tf tfm m `dep `depkg kgy. y. _fl _flcm cm kt Kp Kppc pclm lmh h fm kcsd kcsd rm rmpr prms msmg mgtm tmh h tfm tfm `dep `depkg kgy y dg tfm tfm bd bdkr krh h da hlrm hlrm`t `tdr drs s da sdem sdem da tfm tfm `dep `depkg kglm lms s lg wf wfl` l`f f  Kppclmh lgvmstmh ks wmcc ks hmvmcdpmh prdhu`t `deemr`lkclzktldg emtfdhs tfkt rmhu`m tfm `dst kgh tlem td ekrimt. Hr. Gucekg smrvmh ks rmsmkr`f kss kssd`l d`lkt ktm m kt tfm tfm Pub Pubel` el`rdg rdg `mgt `mgtmr mr kt @dr @drgmcc gmcc ]gl ]glvmrs vmrslty lty wfmr wfmrm m fm pldgm pldgmmrm mrmh h rkpl rkplh h tfmr tfmrekc ekc prd` prd`mss mssms ms adr adr tfm tfm smel smel`dg `dghu` hu`td tdrr lghus lghustr try. y. Fm wks wks kg lgvl lgvltmh tmh Cm`tu rmrr kt GK GKXD XD Kh Khvk vkg`m g`mh h Pt Ptuhl uhlms ms Lg Lgst stlt ltut utm m kg kgh h tfm tfm ]gl ]glvmr vmrslt slty y da Bmr Bmrimcm imcmy y Mxt Mxtmgsl mgsldg dg.. Hr Hr.. Guce Gucekg kg fks fks pubc pubcls lsfm fmh h dvmr  dvmr ;:: ;:: pubc pubcl`k l`ktld tldgs gs,, k gh gh d vm vmr  =:  =: Cm`turm pktmgts.. F m l s k g EP pktmgts EP` ` kgh Zf ZfH H ar arde de @d @drgm rgmcc cc ]g ]glv lvmr mrsl slty ty kcc lg mcm` mcm`trl trl`kc `kc mgol mgolgmmr gmmrlgo lgo,, kgh kg Mxm Mxm`ut `utlvm lvm EBK ard arde e Ptk Ptkgadr gadrh h ]glvmrslty.



@XD, D, `d`d-adu adughm ghmrr kg kgh h K` K`tl tlgo go Hr Hr.. Ndsm Ndsmpf pf Ikpc Ikpcug ug QZ R& R&H H & @X @XD D Ek Ektm tmrl rlkc kcs s (N (Ndl dlgm gmh h ;:/2: :/2:2: 2:)) ‐ Hr. Ik pc pcu g fk s sp mg mgt 2= ym kr krs wltf tfm LKL ks tfm @X Omgmrk Omgm rkcc Ek Ekgk gkom omrr da Ok Okcc-Mc Mc,, ug uglq lqum um Ok OkKs Ks,, Ok OkG, G, Lg LgZ Z kg kgh h EM EMEP EP hm hmvl vl`m `ms s kg kgh h EE EEL@ L@s s AK AKB B. Lt ls k pkrt pkrtgm gmrs rsfl flp p bmt bmtwmmg mmg tfm tfm MCXK MCXK/L /LKL KL kgh kgh tfm tfm _m _mkp kpdg dg Hmvmc mvmcdp dpem emgt gt Kutfd utfdrl rlty ty (RKA (RKAK KMC) MC) lg Lsr srkm kmc. c. Lg tfm tfm Xm`f Xm`fg gdcdo dcdoy y Hm Hmv vmcdp mcdpem emgt gt @m @mg gtmr tmr da Xfm Plcl Plcl`d `dg g AKB AKB lg ]P ]PP PR, Hr. Ikpc Ikpcug ug wks tfm tfm Fmkh d a Ldg Zrd`mss Zrd `mssms ms Hmp Hmpkrt krtemgt emgt.. Hr. Ikpcug mkrgmh fls Zf.H. arde GZD –@mgtmr da P`lmg`ms― lg Eds`dw kgh B.P`. & E.P`. lg Ektmrlkc P`lmg`m lg El`rdmcm`trdgl`s arde arde tf tfm m Ed Eds` s`dw dw Lgstltu Lgstltutm tm da Mcm Mcm`tr `trdgl dgl` ` Xm`f Xm`fglq glqum um,, ^mcmgdo ^mcmgdorkh rkh,, Ektmrl Ektmrlkc kc P`l P`lmg`m mg`m Hmp Hmpkrt krtemg emgtt. Fls Fls pu pubc bcl` l`kt ktld ldgs gs lg`c lg`cuh uhm m bd bddi dis s kbdu kbdutt Flof Flof Qk`uue Qk`uue Xm` Xm`fgd fgdcd cdoy, oy, kg kgh h Pt Ptkt ktls lstl tl`kc `kc Zr Zrd`m d`mss ss @dgt @dgtrd rdcc ks wmcc wmcc ks krt krtl` l`cm cms s dg B@ B@B B mt`fl mt`flgo go Zr Zrd`m d`mss ss us uslgo lgo Flof Flof Hmgsl Hmgslty ty Zckse Zcksek, k, @rlt @rltl` l`kc kc hlem hlemgsl gsldg dg le lepr prdv dvme memg mgtt da pcks pcksek ek mg mgfk fkg` g`mh mh `fme `fmel` l`kc kc vkpd vkpdrr hmpd hmpdsl sltl tldg dg sl slcl cl`d `dg g gltr gltrlh lhm m tflg tflg al alce ces s lg OkKs OkKs hmvl hmvl`m `ms, s, Flof Flof Zdwm Zdwmrr Ik ‐ Bkgh Bkgh ZLG ZLG Hl Hldh dhm m Xm`f Xm`fgd gdcd cdoy oy,, Lgvms Lgvmstl tlokt oktldg ldg da @dgt @dgtk`t k`t Emtk Emtkcc Pt Ptk` k`is is adr adr Pu Pube bel`r l`rdg dg Ok OkG G FMEX FMEX,, Dr Drlo lolg lg kgh mcle mclelg lgkt ktld ldg g emtfd emtfdh h da pkrksl pkrksltl tl` ` oktm oktm cmkik cmkikom om `urrmgt `urrmgt adr KcO KcOkG/ kG/OkG OkG fmt fmtmrd mrd-stru`tu str u`turm rm alm almch ch maa maam`t m`t trk trkgsls gslstdr tdr,, RmRm-`dga `dgalour lourkbcm kbcm EE EEL@> L@> dg-w dg-wkamr kamr alg algm m tugl tuglgo go `kpkb `kpkblcl lcltlm tlms s kgh Ptm Ptmppmr ppmr-bks -bksmh mh lgt lgtmork morktmh tmh prd` prd`mss mss dg wka wkamr mr plm` plm`ms. ms.

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

8=

 

 K E M / 0 H Z R L G X M H M C M @ X R D G L @ P E K R I M X LHXm`fMV (2:;> 2: 2:;? ;? 0H prlg prlgtm tmh h mc mcm` m`tr trdg dgl` l`s s ekr ekrim imtt sl slzm zm ls ms mstl ektm hccld kt $;?1 ?12: elcc el ccld ldg, mxpm pm`t `tmh mh td rm rmk` k`f f $= $= Ordwtf `depkgy wltf sloglal`kgt tm`fgdcdoy kgh alrst edvmr khvkgtkom. • Kpprdx. 1: 0H-Zrlgtlgo HrkodgAcy Ek`flgms wltf cmkhlgo hmamgsm & rmsmkr`f drokglzktldgs kgh Lg`rmkslgo rm`urrlgo rmvmgum da prdprlmtkry lgis • Pfdrt Pfdrtmglg mglgo o prdtdtyplg prdtdtyplgo o tlem wflc wflcm m `rmktlgo `rmktlgo euctl-cky euctl-ckymr mr Fl-ZMHs™ lg fdusm. • R&H da uglqum sdcutldgs, elglkturlzmh, elglkturlzmh, cdwmr wmloft wmloft wfl`f `kg bm akbrl`ktmh lg flof elx/cdw vdcuem kcedst kcedst dgcy by 0Hprlgtlgo. Gmw Lgvmstemgt Xfmsls> Bldtm`f lgvmstemgt lgvmstemgt edhmc ‐ wltf fmhomh hdwgslhms hdwgslhms • Plg Plg`m `m @dv @dvlhlh-;< ;< mru mruptl ptldg dg ‐ lt ls gdt kbdut qukrtmrcy rmvmgum `urvm. • Ad`usmh Ad`usmh dg k``mcmrktl k``mcmrktlgo go prdhu`t prdhu`t tm`fgdcdol tm`fgdcdol`kc `kc mhom (upslhm (upslhm clim Bldtm`f) Bldtm`f).. @dgtrkry td Bldtm`f hdwgslhms, k aklcurm kt kgy stkom ls prdtm`tmh (ks k skcm da tfm mxlstlgo buslgmss kt leprdvlgo euctlpcms, ks pmr stkom, ls k vlkbcm kctmrgktlvm) Gmw GkGdP 5 Zrdtdtyplgo Pmrvl`ms Buslgmss Edhmc (akbrl`ktldg ckbs dg tfrmm t frmm `dgtlgmgts). K

Mxpm`tmh td rmk`f lgacm`tldg pdlgt updg `dgvmrsldg arde prdtdtyplgo td sfdrt prdhu`tldg rugs. Ptrdgo `ksf-pdsltldg, `ksf-pdsltldg, mgduof td khvkg`m tfm buslgmss pckg tdwkrhs `deemr`lkc su``mss, kt elglekc rlsi.

81

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

 Kppmghlx  Khhltlvm Ekguak`turlgo adr Mcm`trdgl`s

8?

GKPHK[>GGHE

86

 

XRKHLXLDGKC Z@Bs> FLPXDR\ Zrm-Z@B Zrm-Z@ B mcm`trdgl` mcm`trdgl` `lr`ult `lr`ult wltf rkt's gmst wlrlg wlrlgo. o.

Bmadrm tfm ; GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

XRKHLXLDGKC Z@Bs> P_DX KGKC\PLP Ptrmgotfs

_mkigmssms

• • •

Mstkbclsfmh tm`fgdcdoy> ~$1:bg lghustry. Zfysl`kccy Zfysl` kccy strdgo.



Mltfmr mxpmgslvm td prdtdtypm cd`kccy dr scdw td prdtdtypm rmedtmcy (? td 2; hky turgkrdugh arde @flgk).

Flof mcm`trl`kc `dghu`tlvlty (π 5=. ~$=: adr adr k 1―x=― euctl euctlckymr ckymr bdkrh.





@kg wltfstkgh tmepmrkturm mxtrmems, fue lhlty, em`fkgl`kc sfd`i kgh vlbrktldg, ktedspfmrl` vkrlktldgs, fkreauc `fmel`kcs, kgh mcm`trdekogmtl` rkhlktldg. Ordugh pcktms pcktms krm `fmkp. Euctlckymr Euctl ckymr bdkrhs krm `deedgpck` `deedgpck`m. m.

Zddr tfmrekc `dghu`tlvlty da tfm albmrockss dr mpdxy substrktm substrkt m `rmktms fmkt ekgkomemgtprdbcmes. ekgkomemgtprdbcmes.



Mt`flgo usms fkzkrhdus `fmel`kcs tfkt krm vmry bkh adr tfm mgvlrdgemgt td tfm mxtmgt tfkt tfkt tfm wdrch“s ckromst Z@B ekguak`turmr, ekguak`turmr, @flgk, fkvm dutckwmh mt`flgo lg `dkstkcrmoldgs.

• •

Dppdrtugltlms



Pdem pdtmgtlkc td lg`cuhm `depdgmgts clim supmr`kpk`ltdrs lgslhm tfm Z@B.

Xfrmkts

• • •

Acmxlbcm Acmxlb cm `lr`ul `lr`ultt bdkrhs. Zrlgtmh Zrlgt mh `dghu`tlvm lgis kgh pkstms. 0H prlgtmhmcm`trdgl` prlgtmhmcm`trdgl`s s.

==

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

=1

 

 K H H L X L Q M E K G ] A K @ X ] R L G O D A 0 H M C M @ X R D G L @ P Rmkc 0H Mebmhhmh Mcm`trdgl`s adr Fmtmrdomgdus Lgtmorktldg

0H Zrlgtmh Mcm`trdgl`s @depdgmgts

Mcm`trdgl`s lgtmorktldg (EMEP, Pmgsdrs, Xrkgslstdrs, L@s, Dptd, Zlmzd Zlmzd,, @fme-Mcm`trd, Ekogmtl`s, Edtldg)

KEM Fl-ZMHs™

(@kpk`ltdr, Lghu`tdr, Xrkgsadremr, Kgtmggk)

Plhm Edugt & @dgtk`ts, Armm Adre da Qlks

Gdg Zckgkr Pfkpm kgh 0H Ptru`turkc Ptru`turkc Mcmemgts (@kvltlms, Ppm`lkc Pfkpms)

Euctl Ptk`ilgo L@s, Zk`ikoms,

Flof Ckymr @dugt @lr`ults 7 =: bmydgh trkhltldgkc ekguak`turlgo

RA&E_ Mebmhhmh @depdgmgts

@dgvmrtmr kgh @fkromrs (H@, K@)

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

0H-Zrlgtmh Fl-ZMHs™

=?

GKPHK[>GGHE

=6

Gkgd Hlemgsldg® @dgalhmgtlkc kgh Zrdprlmtkry

 

GKGD HLEMGPLDG> 0H-ZRLGXMH Fl-ZMHs™

Mxkepcm Mxkep cm da Fl-ZMHs™ Fl-ZMHs™ >

• • • • • • •

CD_ ZKPP ALCXMR (CZA) QMRXL@KCC\ PXK@IMH LGXMORKXMH @LR@]LXP (L@P) RA KGXMGGKP & KEZCLALMRP ]Z XD 1OF^ A]G@XLDGKC @KZK@LXDRP B\ KHHLXLQM EKG]AK@X]RLGO LG Z@B ZCKGKR H@-H@ ]Z @DGQMRXMR XRKGPADREMR PLHM ED]GX/@DGXK@X ED]GX/@DGXK@X KGH LGPMRXMH @DEZDGMGXP B]LCX LG ZD_MR XRKGPADREMRP

GKPHK[> GGHE L GGHE L www.gkgd-hl.`de www.gkgd-hl.`de | © 2:2: 2:2: Gkg Gkgd d Hlem Hlemgsl gsldg. dg. Kcc rlo rlofts fts rms rmsmrv mrvmh. mh.  

MVKEZCM DA Fl-ZMHs™>

C D _ Z K P P A L CX M R ( C Z A )

CZA usms KEM `kpk`ltdrs akbrl`ktmh sleuctkgmduscy lgslhm tfm KEM bdkrh tdomtfmr wltf strlp clgms. Xfm KEM `kpk`ltdr kgh tfm strlp clgm `kg bm pck`mh dg kgy ckymr dr dg hlaamrmgt ckymrs lg tfm KEM bdkrh

KEM

-0:hB

Zrlgtmh CZ

_ltf @deemr`lkc @kpk`ltdrs

V-rky da  Zrlgtmh CZ CZA wltf KEM @kpk`ltdrs alctmrs tfm slogkc kt cmkst up td 2:OFz. (cmss tfkg -0:hb) CZA wltf @deemr`lkc @kpk`ltdrs @kpk`ltdrs stdps alctmrlgo kt 1OFz

=<

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

MVKEZCM DA Fl-ZMHs™>

RA KGXMGGKP & KEZCLALMRP ]Z XD 1OF^

GKGD HLEMGPLDG @KG HD LX Dur `kpkblclty td prlgt ]FA & PFA RA slogkc trkgselssldg clgm kgh kgtmggks. RA kgtmggks & kepclalmr kppcl`ktldgs wltf up td 1OFz armqumg`y.

1:

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

MVKEZCM DA Fl-ZMHs™>

A]G@XLDGKC @KZK@LXDRP B\  K H H L X L Q M E K G ] A K @ X ] R L G O

• Zrdh Zrdhu`mh u`mh sleuctkgmd sleuctkgmduscy uscy hurlg hurlgo o tfm khhltlvm ekguak`turlgo da Z@Bs • Rmh Rmhu`m u`m tfm tfm tdtkc tdtkc slzm slzm da tfm tfm Z@B • Armm Armmlgo lgo surak`m surak`m krmk krmk adr edugtl edugtlgo go dtfmr dtfmr Z@B `depdgmgts Hmslog

K`tukc

1;

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

MVKEZCM DA Fl-ZMHs™>

LG Z@B ZCKGKR H@-H@ ]Z @DGQMRXMR XRKGPADREMR

• Xfm edst edst `deed `deedg g H@-H@ H@-H@ ]p ]p @dgvmrtmrs krm uglts edugtmh dg k Z@B • By p prdhu rdhu`lgo `lgo tfm hmvl`m hmvl`m ks kg lgtmorktmh pkrt da tfm Z@B, surak`m krmk uskom, kssmebcy tlem, kgh dtfmr dvmrfmkh `dsts krm rmhu`mh.

12

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

10

 

MVKEZCM DA Fl-ZMHs™>

P L H M E D ] G X / @ D G XK @ X K G H LGPMRXMH @DEZDGMGXP

• Mgkb Mgkbcms cms tfm usm usm da kg krmk krmk gdt gdt `deedg `deedg adr Z@B Z@B `depdgmgts • Mgkb Mgkbcms cms tfm `rmktldg `rmktldg da da `ustdelzmh `ustdelzmh sekcc Z@Bs Z@Bs tfkt `kg bm lgsmrtmh lgtd k sd`imt

k) b) Alourm ; V-rky vlmw da k) lgsmrtmh, kgh b) slhm edugtmh `depdgmgts sdchmrmh td vmrtl`kc `dgtk`ts ekguak`turmh ks pkrt da tfm Z@B XE

khhltlvm ekguak`turlgo tm`fgdcdoy lg tfm HrkodgAcy CHE XE

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

MVKEZCM DA Fl-ZMHs™>

B]LCX LG ZD_MR XRKGPADREMRP

Lg Bdkrh Zdwmr H@‐H@ ]p Qdctkom @dgvmrtmr

K@-K@ Xrkgsadremr Xr kgsadremr wltf wl tf amrrltm `drm

K@-K@ ]p @dgvmrtmr x;:)

18

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.

1=

 

GKGD HLEMGPLDG> CMKHLGO XFM KEM RMQDC]XLDG  Khhltlvm Ekguak`turlgo Ekguak`turlgo (Emtkc & Zdcyemrs)

Khhltlvm Ekguak`turlgo da Mcm`trdgl`s (KEM) $;2,:::

$;:,:::

$6,:::

28% @KOR

28% @KOR

$1,:::

$8,:::

$2,:::

$: ;6

Ekrimt Ordwtf ‐ Khhltlvm Ekguak`turlgo Xfls `fkrt prdvlhms rmvmgums (lg elccldgs da hdcckrs) adr KE prdhu`ts kgh smrvl`ms wdrchwlhm. Xfm cdwmr (bcum) smoemgt da tfm bkrs rmprmsmgts prdhu`ts, wflcm tfm uppmr (orky) smoemgt rmprmsmgts smrvl`ms. Gmltfmr `ktmodry lg`cuhms sm`dghkry

2:

22

28

21

26

0:

02

08

01

Ekrimt Ordwtf ‐ Khhltlvm Ekguak`turlgo da Mcm`trdgl`s Xfls `fkrt prdvlhms rmvmgums (lg elccldgs da hdcckrs) adr KEM prdhu`ts kgh smrvl`ms wdrchwlhm. Xfm prdnm`tldg ls hmrlvmh adre vkrldus ekrimt stuhlms prdnm`tldg ls bksmh dg k @KOR da 28%

pkrts dr prd`mssms, su`f ks edchmh pkrts kgh `kstlgos. Pdur`m> _dfcmrs Kssd`lktms

Gkshkq> GGHE L www.gkgd-h www.gkgd-hl.`de l.`de |  | © 2:2: 2:2: Gk Gkgd gd Hl Hlem emgs gsld ldg. g. Kc Kccc rlo rloft ftss rms rmsmr mrvm vmh. h.  

XFKGI \D] GKPHK[> GGHE Adccdw us>

11

View more...

Comments

Copyright ©2017 KUPDF Inc.
SUPPORT KUPDF