Detaljne informacije o uporabi so v uporabniških navodilih.
[. . . ] 1HNDWHULK VWRULWHY Y WHP SULURQLNX QH SRGSLUDMR YVD RPUHMD 7R YHOMD WXGL ]D PHGQDURGQR WHYLONR ]D NOLFH Y VLOL DOL Y $PHULNDK H QLVWH SUHSULDQL DOL ODKNR XSRUDEOMDWH GRORHQR VWRULWHY VH REUQLWH QD RSHUDWHUMD RPUHMD DOL SRQXGQLND VWRULWHY 542-, 3UHG XSRUDER YDHJD PRELOQHJD WHOHIRQD SUHEHULWH SRJODYMD 1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER LQ *DUDQFLMD 542-, 7D SULURQLN MH QD YROMR Y YH MH]LNLK QD &'520X NL MH SULORHQ WHOHIRQX
6LPERO QD QDLK L]GHONLK R]QDXMH GD VR SUHL]NXHQL Y VNODGX V VPHUQLFR (0& ((& WHOHNRPXQLNDFLMVNR VPHUQLFR ((& LQ VPHUQLFR R QL]NRQDSHWRVWQLK QDSUDYDK ((& , ]GHONL XVWUH]DMR ]DKWHYDP QDVOHGQMLK VWDQGDUGRY 0RELOQL WHOHIRQL LQ SULNOMXHQD RSUHPD (76 (0& ]D HYURSVNH GLJLWDOQH PRELOQH NRPXQLNDFLMH 'RGDWQD RSUHPD NL QL QHSRVUHGQR SULNOMXHQD QD WHOHIRQ (1 HOHNWURPDJQHWQD ]GUXOMLYRVW VSORQL VWDQGDUG R HPLVLMDK LQ (1 HOHNWURPDJQHWQD ]GUXOMLYRVW VSORQL VWDQGDUG R QHREXWOMLYRVWL RSUHPH
3UYL NRUDNL
3ULSUDYD WHOHIRQD ]D XSRUDER 9NORS LQ L]NORS WHOHIRQD , QIRUPDFLMH QD ]DVORQX LQ GHORYDQMH WLSN . OLFDQMH LQ VSUHMHPDQMH NOLFHY 0HG NOLFHP
3ULSUDYD WHOHIRQD ]D XSRUDER
3UHJOHG
6SUHGQMD VWUDQ 7LSND ]D QDVWDYOMDQMH JODVQRVWL $QWHQD /XND 6OXDOND *XPE ]D YNORSL]NORS =DVORQ *XPE ]D RGSLUDQMH SRNURYND
7LSNRYQLFD 0LNURIRQ 3RNURYHN
=DGQMD VWUDQ 3ULNOMXHN ]D ]XQDQMR DQWHQR =DSRQND ]D VSURVWLWHY EDWHULMH /XNQMD ]D SULWUGLWHY ]DSRQNH ]D SDV %DWHULMD 3ULNOMXHN ]D VOXDONH *XPE ]D RGSLUDQMH SRNURYND 3ULNOMXHN ]D SROQMHQMH
3ULSUDYD WHOHIRQD ]D XSRUDER
6HVWDYOMDQMH
3UHG XSRUDER WHOHIRQD PRUDWH VWRULWL QDVOHGQMH YVWDYLWL NDUWLFR 6, 0 QD WHOHIRQ SULNOMXLWL EDWHULMR QDSROQLWL EDWHULMR
. DUWLFD 6, 0
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
H MH EDWHULMD SULNOMXHQD MR RGVWUDQLWH . DUWLFR 6, 0 SRWLVQLWH Y UHR SRG GUDOL VUHEUQH EDUYH =ODWL NRQWDNWL QDM ERGR REUQMHQL QDY]GRO SULUH]DQ YRJDO SD Y GHVQR
'YLJQLWH URE NDUWLFH 6, 0 LQ MR SRWHJQLWH L] UHH
3, 1 9HLQD NDUWLF 6, 0 XSRUDEOMD ]DLWQR NRGR NL MH ]QDQD NRW 3, 1 3HUVRQDO , GHQWLW\ 1XPEHU NL MR SRWUHEXMHWH ]D GRVWRS GR RPUHMD 2E YVDNHP YNORSX ER WHOHIRQ ]DKWHYDO GD YSLHWH YDR NRGR 3, 1 . RGR 3, 1 QDMGHWH Y QDYRGLOLK NL VWH MLK SUHMHOL RG RSHUDWHUMD 1HNDWHUL RSHUDWHUML SRQXMDMR VWRULWYH ]D NDWHUH MH SRWUHEQD H HQD NRGD 3, 1 NRGD 3, 1 3UL XSRUDEL NRGH 3, 1 ERGLWH SD]OMLYL VDM MH WR YDD ]DLWD SUHG QHSRREODHQR XSRUDER QDURQLQH
3ULSUDYD WHOHIRQD ]D XSRUDER
H WULNUDW ]DSRUHGRPD QDSDQR YSLHWH NRGR 3, 1 VH NDUWLFD 6, 0 EORNLUD H VH WR ]JRGL MR ODKNR GHEORNLUDWH ] XSRUDER NRGH 38. [. . . ] B
GRNOHU VH QD ]DVORQX QH L]SLH UND
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
6KUDQMHYDQMH WHYLON ] LPHQRP
9VDND WHYLOND NL MR VKUDQLWH GREL WHYLONR PHVWD NDPRU MH VKUDQMHQD WHYLONH ODKNR VKUDQLWH WXGL ] LPHQRP NDU RODMD QMLKRYR XSRUDER
9D RVHEQL LPHQLN
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
. OLFDQMH WHYLONH VKUDQMHQH Y LPHQLNX
WHYLONR ODKNR SRNOLHWH SR LPHQX DOL SR WHYLONL PHVWD NMHU MH VKUDQMHQD 9UVWQL UHG LVNDQMD MH RGYLVHQ RG YUVWQHJD UHGD NL VWH JD L]EUDOL , ]ELUD YUVWQHJD UHGD LVNDQMD 3RLLWH , PHQLN < ( 6 0RQRVWL < ( 6 9UVWQL UHG LVN < ( 6 , ]EHULWH YUVWQL UHG . OLFDQMH WHYLONH VKUDQMHQH Y LPHQLNX 3RLLWH , PHQLN < ( 6 3RLL LQ NOLL < ( 6 9SLLWH PHVWR YSLVD DOL SUYLK QHNDM UN LPHQD
9D RVHEQL LPHQLN
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
+LWUR NOLFDQMH
7HOHIRQVNH WHYLONH NL VWH MLK VKUDQLOL QD PHVWD Y SRPQLOQLNX ODKNR SRNOLHWH WDNR GD SULWLVQHWH QD XVWUH]QR WLSNR LQ SRWHP QD < ( 6 3ULPHU 9SLLWH WHYLONR 3ULWLVQLWH < ( 6 ]D ]DHWHN NOLFD
3RVRGDEOMDQMH LPHQLND
2EDVQR ERVWH PRUDOL LPH DOL WHYLONR WXGL VSUHPHQLWL DOL YSLV VKUDQLWL QD GUXJR PHVWR Y SRPQLOQLNX 8UHMDQMH WHYLONH Y LPHQLNX 3RLLWH YSLV NL JD HOLWH XUHGLWL 3RLHWH JD ODKNR SR PHVWX DOL LPHQX *OHMWH . OLFDQMH WHYLONH VKUDQMHQH Y LPHQLNX QD VWUDQL 8UHMDQMH YSLVD 3RLLWH , PHQLN < ( 6 3RLL LQ XUHGL < ( 6 9SLLWH WHYLONR SRORDMD DOL LPH YSLVD NL JD HOLWH XUHGLWL 3ULWLVQLWH < ( 6 H VH QH L]SLH SUDYR LPH JD SRLLWH V WLSNDPD LQ , ]EHULWH YSLV V SULWLVNRP QD < ( 6 , ]EHULWH 8UHGL
9D RVHEQL LPHQLN
8UHGLWH WHYLONR LQ SULWLVQLWH QD < ( 6 . XU]RU ODKNR SUHPLNDWH V WLSNDPD LQ 1DSDQR YSLVDQR WHYLONR ]EULLWH V & 8UHGLWH LPH LQ SULWLVQLWH QD < ( 6 8UHGLWH WHYLONR SRORDMD LQ SULWLVQLWH QD < ( 6
=DLWD SUHG SUHSLVRYDQMHP
H SRVNXVLWH WHYLONR VKUDQLWL Y H ]DVHGHQR ORNDFLMR VH VNXSDM ] LPHQRP VKUDQMHQLP Y QMHM L]SLH REYHVWLOR 3UHSLHP" =GDM ODKNR L]ELUDWH PHG GYHPD PRQRVWLPD WHYLONR ODKNR VKUDQLWH Y L]EUDQR ORNDFLMR 3ULWLVQLWH < ( 6 GD EL WHYLONR ]DPHQMDOL ] QRYR
WHYLONR ODKNR VKUDQLWH Y GUXJR ORNDFLMR 3ULWLVQLWH 1 2 9SLLWH QRYR WHYLONR ORNDFLMH WHYLONR VKUDQLWH V WLSNR < ( 6
. R MH SRPQLOQLN SROQ
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
=EULHP YVH Y WHOHIRQX"
9D RVHEQL LPHQLN
7HOHIRQVNR EDQQLWYR
H XSRUDEOMDWH VWRULWHYH WHOHIRQVNHJD EDQQLWYD ODKNR VKUDQLWH WHYLONR EDQNH VNXSDM ] YDLPL RVHEQLPL NRGDPL LQ WHYLONDPL UDXQRY DOL SD ODKNR VKUDQLWH VDPR NRGH 0HG WHOHIRQVNR WHYLONR WHYLONR UDXQD LQ ]DLWQR NRGR PRUDWH YVWDYLWL ]DNDVQLWHY S =DNDVQLWHY YVWDYLWH ] GDOMLP SULWLVNRP QD 2ELDMQR MH ]D YVDNR NRGR WUHED SULWLVQLWL H 9H informacij o pravilnem zaporedju pritiskov na in pavz (S) boste dobili na svoji banki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
0HG NOLFHP ODKNR SULNOLHWH WH NRGH L] LPHQLND LQ MLK SROMHWH 3RLOMDQMH NRG PHG NOLFHP 3RLLWH , PHQLN < ( 6 3RLL LQ SROML < ( 6 9SLLWH SUYLK QHNDM UN LPHQD NRG DOL PHVWR NMHU VR VKUDQMHQH LQ SULWLVQLWH QD < ( 6 . RGH SROMLWH V SULWLVNRP QD < ( 6
9D RVHEQL LPHQLN
6NXSLQH
7HOHIRQ 7 :25/' YDP RPRJRD L]GHODYR VNXSLQ YSLVRY Y LPHQLNX 1D WD QDLQ ODKNR SROMHWH VSRURLOR FHOL VNXSLQL SUHMHPQLNRY KNUDWL *OHMWH 3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606 QD VWUDQL , ]GHODYD QRYH VNXSLQH , ]EHULWH , PHQLN < ( 6 6NXSLQH < ( 6 'RGDP QRYR" < ( 6 9SLLWH LPH ]D VNXSLQR LQ SULWLVQLWH < ( 6 , ]EHULWH 'RGDP QRYR" < ( 6 , ]EHULWH YSLV Y LPHQLNX 1DVOHGQMHJD ODQD GRGDWH WDNR GD VSHW SULWLVQHWH < ( 6 NR VH L]SLH YSUDDQMH 'RGDP QRYR"
'RGDMDQMH QRYHJD ODQD H L]GHODQL VNXSLQL , ]EHULWH , PHQLN < ( 6 6NXSLQH < ( 6 , ]EHULWH VNXSLQR NL MR HOLWH XUHGLWL , ]EHULWH 8UHGL < ( 6 'RGDP QRYR" < ( 6 , ]EHULWH YSLV Y LPHQLNX %ULVDQMH ODQD L] VNXSLQH , ]EHULWH , PHQLN < ( 6 6NXSLQH < ( 6 , ]EHULWH VNXSLQR NL MR HOLWH XUHGLWL , ]EHULWH 8UHGL 3RLLWH HOHQR WHYLONR LQ SULWLVQLWH QD & 3ULWLVQLWH < ( 6 %ULVDQMH VNXSLQH , ]EHULWH , PHQLN < ( 6 6NXSLQH < ( 6 , ]EHULWH HOHQR VNXSLQR , ]EHULWH =EULL 3ULWLVQLWH < ( 6
1DVORYL ]D HOHNWURQVNR SRWR
6KUDQMXMHWH ODKNR WXGL QDVORYH ]D HOHNWURQVNR SRWR H HOLWH SRLOMDWL VSRURLOD Y REOLNL HOHNWURQVNH SRWH *OHMWH 3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606 QD VWUDQL 6KUDQLWH ODKNR HOHNWURQVNLK QDVORYRY GROJLK GR ]QDNRY
9D RVHEQL LPHQLN
6KUDQMHYDQMH QDVORYD ]D HOHNWURQVNR SRWR , ]EHULWH , PHQLN < ( 6 (PDLO QDVORYL < ( 6 'RGDP QRYR" < ( 6 9SLLWH QDVORY ]D HOHNWURQVNR SRWR LQ SULWLVQLWH < ( 6 9SLLWH LPH LQ SULWLVQLWH < ( 6 1DVYHW =QDN # YSLHWH WDNR GD WULNUDW SULWLVQHWH QD WLSNR
8UHMDQMH QDVORYRY ]D HOHNWURQVNR SRWR , ]EHULWH , PHQLN < ( 6 (PDLO QDVORYL < ( 6 , ]EHULWH YSLV NL JD HOLWH XUHGLWL , ]EHULWH 8UHGL 8UHGLWH QDVORY LQ SULWLVQLWH < ( 6 8UHGLWH LPH LQ SULWLVQLWH < ( 6 %ULVDQMH QDVORYD ]D HOHNWURQVNR SRWR , ]EHULWH , PHQLN < ( 6 (PDLO QDVORYL < ( 6 , ]EHULWH YSLV NL JD HOLWH ]EULVDWL , ]EHULWH =EULL 3ULWLVQLWH < ( 6
3UHYHUMDQMH VWDQMD SRPQLOQLND
)XQNFLMD 6WDQMH SRPQ Y YDHP LPHQLNX YDP RPRJRD GD SUHYHULWH NROLNR SURVWRUD ]D QRYH YSLVH MH H QD YROMR Y YDHP LPHQLNX 3UHYHUMDQMH VWDQMD REHK SRPQLOQLNRY , ]EHULWH , PHQLN < ( 6 6WDQMH SRPQ < ( 6 3R VH]QDPX VH SRPLNDMWH V WLSNDPD LQ
9D RVHEQL LPHQLN
8SRUDED 6H]QDPD NOLFHY
6H]QDP NOLFHY EHOHL LQIRUPDFLMH DV GDWXP WHYLOND LQ LPH ]D ]DGQMLK YKRGQLK LQ L]KRGQLK NOLFHY . R WHYLOR NOLFHY SUHVHH VH ]DQHMR EULVDWL QDMVWDUHML NOLFL
. DWHUL NOLFL ERGR VKUDQMHQL
WHYLONH NL VWH MLK NOLFDOL VH YHGQR VKUDQLMR H YDD QDURQLQD YNOMXXMH LGHQWLILNDFLMR NOLFQH OLQLMH &/, LQ YDP RPUHMH NOLRHJD SROMH WHYLONR ERGR Y 6H]QDP NOLFHY VKUDQMHQH WXGL WHYLONH SUHMHWLK LQ QHVSUHMHWLK NOLFHY H MH NOLRL VNULO VYRMR WHYLONR VH QD ]DVORQX L]SLH W VNULWD H SD WHYLOND QL QD YROMR VH L]SLH 1H]QDQR . DWHURNROL WHYLONR Y 6H]QDP NOLFHY ODKNR NDGDUNROL SRNOLHWH
6H]QDP NOLFHY KUDQL , NRQD ]D NOLFDQH WHYLONH VH SRMDYL SROHJ GDWXPD DOL DVD NOLFDQLK WHYLON , NRQD ]D RGJRYRUMHQH NOLFH VH SRMDYL SROHJ GDWXPD DOL DVD RGJRYRUMHQLK NOLFHY , NRQD ]D QHVSUHMHWH NOLFH VH SRMDYL SROHJ GDWXPD DOL DVD QHVSUHMHWLK NOLFHY
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
8SRUDED 6H]QDPD NOLFHY
%ULVDQMH WHYLON L] VH]QDPD NOLFHY , ]EHULWH , QIR R NOLFX < ( 6 6H]QDP NOLFHY < ( 6 3RLLWH WHYLONR NL MR HOLWH ]EULVDWL LQ SULWLVQLWH & 1D ]DVORQX VH L]SLH YSUDDQMH =EULHP" WHYLONR ]EULHWH V WLSNR < ( 6 %ULVDQMH VH]QDPD NOLFHY , ]EHULWH , QIR R NOLFX < ( 6 =EU VH]Q NOLF < ( 6 1D ]DVORQX VH L]SLH YSUDDQMH 6H]QDP NOLFHY =EULL" 6H]QDP ]EULHWH V WLSNR < ( 6 9NORS LQ L]NORS VH]QDPD NOLFHY , ]EHULWH , QIR R NOLFX < ( 6 0RQRVWL < ( 6 1DVW VH]Q NOLF < ( 6 , ]EHULWH 9NOMXL DOL , ]NOMXL H L]EHUHWH , ]NOMXL VH QD ]DVORQX L]SLH YSUDDQMH 6H]QDP NOLFHY =EULL" =EULLWH VH]QDP NOLFHY V SULWLVNRP QD < ( 6 1HVSUHMHWL NOLFL H QLVWH VSUHMHOL NOLFD VH QD ]DVORQX L]SLH VSRURLOR 1HVSUHMHWL NOLFL NMHU WHYLOND R]QDXMH WHYLOR QHVSUHMHWLK NOLFHY 6H]QDP QHVSUHMHWLK NOLFHY SULNDHWH V WLSNR < ( 6 H HOLWH SRNOLFDWL QD WHYLONR Y VH]QDPX QHVSUHMHWLK NOLFHY SULWLVQLWH < ( 6 2SRPED 6H]QDP QHVSUHMHWLK NOLFHY QDMGHWH WXGL Y PHQLMX , QIR R NOLFX 1HVSUHMHWL NOLFL VH VKUDQLMR WXGL Y 6H]QDP NOLFHY 'D EL ODKNR WHOHIRQ EHOHLO QHVSUHMHWH NOLFH PRUD ELWL YNOMXHQ 6H]QDP NOLFHY
1HVSUHMHWL NOLFL
3ULND]RYDQMH LQ VNULYDQMH YDH WHYLONH
1HNDWHUL RSHUDWHUML SRQXMDMR QDURQLQH NMHU MH YDD WHYLOND RELDMQR VNULWD WHYLONR ODKNR VNULMHWH DOL SULNDHWH WXGL ]D SRVDPH]HQ NOLF H YDD QDURQLQD YVHEXMH VWRULWHY &/, 5 6NULYDQMH YDH WHYLONH ]D SRVDPH]HQ NOLF 9SLLWH HOHQR WHYLONR 3RLLWH 'HOR V NOLFL < ( 6 6NULM PRMR WHY < ( 6 3RNOLLWH V SULWLVNRP QD < ( 6 3ULND]RYDQMH YDH WHYLONH ]D SRVDPH]HQ NOLF 9SLLWH HOHQR WHYLONR 3RLLWH 'HOR V NOLFL < ( 6 3RNDL PRMR W < ( 6 3RNOLLWH V SULWLVNRP QD < ( 6
8SRUDED 6H]QDPD NOLFHY
9D WHOHIRQVNL SUHGDO
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
8SRUDED YDHJD WHOHIRQVNHJD SUHGDOD
H VL HOLWH RODMDWL XSRUDER WHOHIRQVNHJD SUHGDOD VKUDQLWH WHYLONR WHOHIRQVNHJD SUHGDOD Y WHOHIRQ WHYLONR LQ QDSRWNH GRELWH SUL RPUHQHP RSHUDWHUMX 6KUDQMHYDQMH WHYLONH WHOHIRQVNHJD SUHGDOD , ]EHULWH 6SRURLOD < ( 6 0RQRVWL < ( 6 W WHO SUHGDOD < ( 6 9SLLWH WHYLONR WHOHIRQVNHJD SUHGDOD LQ SULWLVQLWH < ( 6 2SRPED WHYLOND WHOHIRQVNHJD SUHGDOD XWHJQH ELWL GUXJDQD H NOLHWH L] WXMHJD RPUHMD
. OLF QD WHOHIRQVNL SUHGDO
. R SUHMPHWH VSRURLOR Y WHOHIRQVNL SUHGDO YDV ER WHOHIRQ ]DHO ]YRQR RSR]DUMDWL QD ]DVORQX SD VH ER L]SLVDOR REYHVWLOR 6SRURLOR DND VDPR H YDV RPUHMH REYHD ] ]QDNRP QD ]DVORQX H HOLWH WDNRM SRVOXDWL VSRURLOR SULWLVQLWH QD < ( 6 ]D NOLF QD YD WHOHIRQVNL SUHGDO H SULWLVQHWH 1 2 ODKNR SRNOLHWH QD WHOHIRQVNL SUHGDO WXGL NDVQHMH
9D WHOHIRQVNL SUHGDO
. OLFDQMH QD WHOHIRQVNL SUHGDO , ]EHULWH 6SRURLOD < ( 6 3RNOLL SUHGDO < ( 6
1DVYHW 9D WHOHIRQVNL SUHGDO ODKNR SRNOLHWH WXGL ] GDOMLP SULWLVNRP QD Y VWDQMX SULSUDYOMHQRVWL
6SUHPLQMDQMH WHYLONH LQ RSR]RULOQHJD VLJQDOD
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
9D WHOHIRQVNL SUHGDO
3ULODJDMDQMH YDHJD WHOHIRQD
7LKR
9D WHOHIRQ ODKNR SRSROQRPD XWLDWH WR SRPHQL GD VH L]NOMXLMR YVL ]YRQL VLJQDOL UD]HQ DODUPD LQ WHYFD . DNR XWLDWH WHOHIRQ 9 VWDQMX SULSUDYOMHQRVWL ]D GDOM DVD SULWLVQLWH QD & , ]SLH VH REYHVWLOR , ]NOMXLP ]YRNH" 3ULWLVQLWH QD < ( 6 9 VWDQMX SULSUDYOMHQRVWL VH SULNDH LNRQD =YRNH YNOMXLWH WDNR GD SRQRYLWH SUYL NRUDN LQ SULWLVQHWH < ( 6 NR VH L]SLH 9NOMXLP ]YRNH"
*ODVQRVW ]YRQMHQMD
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
3ULODJDMDQMH YDHJD WHOHIRQD
5DVWRH ]YRQMHQMH
, ]EHUHWH ODKNR WXGL ]YRQMHQMH NL NRUDNRPD QDUDD RG QDMWLMHJD GR QDMJODVQHMHJD 5DVWRH ]YRQM 1DVWDYOMDQMH UDVWRHJD ]YRQMHQMD , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 5DVWRH ]YRQM < ( 6 , ]EHULWH 9NOMXL *ODVQRVW ]YRQMHQMD ODKNR QDVWDYOMDWH OH H QLVWH YNOMXLOL QDUDDMRHJD ]YRQMHQMD 2SRPED H MH ]YRQMHQMH L]NOMXHQR VH L]NOMXL WXGL UDVWRH ]YRQMHQMH
7LS ]YRQMHQMD
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
3ULODJDMDQMH YDHJD WHOHIRQD
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
. RPSRQLUDQMH QDLQRY ]YRQMHQMD
6NRPSRQLUDWH ODKNR WLUL UD]OLQH WLSH ]YRQMHQMD . RPSRPLUDQMH WLSD ]YRQMHQMD , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 =YRQMHQMH < ( 6 8UHGL PHORGLMH < ( 6 , ]EHULWH /DVWQD /DVWQD /DVWQD RU /DVWQD =DVORQ ]EULHWH V WLSNR & 6 WLSNRYQLFR ODKNR ]GDM YSLVXMHWH QRWH 7LSNRYQLFD ]GDM GHOXMH NRW NODYLDWXUD JOHMWH VOLNR ]JRUDM RE UREX 'ROJR QRWR YSLHWH WDNR GD GDOM DVD GULWH WLSNR 1RWR ODKNR GYLJQHWH ]D HQR RNWDYR V WLSNR
3ULWLVQLWH QD GD EL ]YLDOL QRWR ]D HQ SROWRQ 'YDNUDW SULWLVQLWH QD GD EL ]QLDOL QRWR ]D HQ SROWRQ 0HORGLMR ODKNR SRVOXDWH V WLSNR < ( 6 H MR HOLWH VKUDQLWL H HQNUDW SULWLVQLWH < ( 6 H SD MR HOLWH H VSUHPHQLWL SULWLVQLWH 1 2
9LEUDWRU
7HOHIRQ YDV ODKNR QD NOLF RSR]RUL WXGL ] YLEULUDQMHP 9LEUDWRU ODKNR QDVWDYLWH QD QDVOHGQMH QDLQH 9NOMXL YHGQR 9NOMX H WLK YNOMXHQR H MH ]YRQMHQMH L]NOMXHQR DOL H VWH XWLDOL WHOHIRQ , ]NOMXL YHGQR
3ULODJDMDQMH YDHJD WHOHIRQD
2SRPED . R WHOHIRQ SULNOMXLWH QD QDPL]QL SROQLOQLN DOL NRPSOHW ]D SURVWRURQR XSRUDER VH YLEUDWRU VDPRGHMQR L]NOMXL 9NORS YLEUDWRUMD , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 9LEUDWRU < ( 6 , ]EHULWH HOHQR QDVWDYLWHY
2SR]DUMDQMH QD VSRURLOD
, ]ELUDWH ODKNR PHG WUHPL QDLQL RSR]DUMDQMD QD VSRURLOD 606 NOLNL WRQL LQ EUH] RSR]DUMDQMD 9NORS RSR]DUMDQMD QD VSRURLOD , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 =YRQMHQMH < ( 6 2SR] QD VSRU < ( 6 , ]EHULWH HOHQL VLJQDO 2SR]DUMDQMH QD VSRURLOR QDMGHWH WXGL Y PHQLMLK 0RQRVWL LQ 1DVWDYLWYH
6LJQDO DODUPD
6SUHPLQMDQMH VLJQDOD DODUPD , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 =YRQMHQMH < ( 6 6LJQDO DODUPD < ( 6 , ]EHULWH HOHQL VLJQDO
=YRN WLSNH
. R SULWLVNDWH WLSNH VH ODKNR WHOHIRQ RJODD V NOLNL WRQL DOL SD VSORK QH 1DVWDYOMDQMH ]YRNRY WLSNH , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 =YRN WLSNH < ( 6 , ]EHULWH HOHQ ]YRN WLSNH
0LQXWQL RSRPQLN
. R MH PLQXWQL RSRPQLN YNORSOMHQ YDP YVDNR PLQXWR PHG NOLFHP ]DSLVND 9NORS LQ L]NORS PLQXWQHJD RSRPQLND , ]EHULWH 1DVWDYLWYH < ( 6 =YRNL LQ RSR]RU < ( 6 0LQXWQL RSRPQLN < ( 6 , ]EHULWH 9NOMXL DOL , ]NOMXL 0LQXWQL RSRPQLN QDMGHWH WXGL Y 0RQRVWL Y SRGPHQLMX , QIR R NOLFX
3ULODJDMDQMH YDHJD WHOHIRQD
, ]NORS WRQRY
H VL HOLWH PHG SRJRYRURP ]DSLVDWL WHYLONR MR YSLLWH V WLSNDPL QD ]DVORQ *OHMWH %HOHQLFD QD VWUDQL 6RJRYRUQLN ER PHG YDLP WLSNDQMHP ]DVOLDO SLVNH H HOLWH ODKNR WH SLVNH WXGL L]NOMXLWH 2SRPED 7RQH ODKNR YNOMXLWH DOL L]NOMXLWH OH PHG NOLFHP , ]NORS WRQRY PHG NOLFHP , ]EHULWH 'HOR V NOLFL < ( 6 , ]EHULWH 7LKD EHOHQLFD 9NORS WRQRY PHG NOLFHP , ]EHULWH 'HOR V NOLFL < ( 6 , ]EHULWH '70) QDLQ
2VYHWOLWHY ]DVORQD
2VYHWOLWHY ODKNR QDVWDYLWH QD DYWRPDWVNR L]NOMXHQR DOL YNOMXHQR $YWRPDWVNL QDLQ SRPHQL GD VH RVYHWOLWHY DYWRPDWVNR L]NOMXL QHNDM VHNXQG SR ]DGQMHP SULWLVNX QD WLSNR 9NOMXL VH NR SULWLVQHWH QD WLSNR RGSUHWH SRNURYHN DOL SUHMPHWH NOLF DOL VSRURLOR 1DVWDYLWHY RVYHWOLWYH ]DVORQD , ]EHULWH 1DVWDYLWYH < ( 6 =DVORQ < ( 6 2VYHWOLWHY < ( 6 , ]EHULWH HOHQR QDVWDYLWHY ]D RVYHWOLWHY
-H]LN REYHVWLO QD ]DVORQX
9HLQD PRGHUQLK NDUWLF 6, 0 VDPRGHMQR QDVWDYL MH]LN REYHVWLO QD ]DVORQX QD MH]LN GUDYH Y NDWHUL VWH NXSLOL VYRMR NDUWLFR 6, 0 6DPRGHMQR H VH WR QH ]JRGL MH MH]LN QDVWDYOMHQ QD DQJOHLQR 6SUHPLQMDQMH MH]LND REYHVWLO QD ]DVORQX , ]EHULWH 1DVWDYLWYH < ( 6 -H]LN < ( 6 , ]EHULWH HOHQ MH]LN 1DVYHW . DGDUNROL ODKNR L]EHUHWH DQJOHNL MH]LN V SULWLVNRP QD Y VWDQMX SULSUDYOMHQRVWL $YWRPDWVNR ODKNR L]EHUHWH V SULWLVNRP QD
3ULODJDMDQMH YDHJD WHOHIRQD
3R]GUDYQR VSRURLOR
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
3ULND] WHYLON
9 PHQLMX 0RMH WHYLONH ODKNR SUHYHULWH VYRMH WHYLONH H WHYLONH QH PRUHWH SUHEUDWL V NDUWLFH 6, 0 MR ODKNR YSLHWH VDPL 9SLVRYDQMH ODVWQH WHYLONH , ]EHULWH 1DVWDYLWYH < ( 6 =DVORQ < ( 6 0RMH WHYLONH < ( 6 *RYRU < ( 6 9SLLWH WHYLONR LQ SULWLVQLWH < ( 6 1DVYHW H WR RPRJRD YDD QDURQLQD ODKNR YSLHWH WXGL WHYLONL ]D IDNV LQ SRGDWNRYQH NOLFH WHU ]D OLQLMR LQ
8UD
. R MH WHOHIRQ Y VWDQMX SULSUDYOMHQRVWL MH XUD YHGQR SULND]DQD 1DVWDYOMDQMH ]DSLVD DVD , ]EHULWH 1DVWDYLWYH < ( 6 8UDGDWXP < ( 6 =DSLV DVD < ( 6 , ]EHULWH XUQL DOL XUQL ]DSLV 1DVWDYOMDQMH WRQHJD DVD , ]EHULWH 1DVWDYLWYH < ( 6 8UDGDWXP < ( 6 1DVWDYL XUR < ( 6 9SLLWH DV Y XUDK LQ PLQXWDK LQ SULWLVQLWH QD < ( 6 0HG WHYLONDPL VH ODKNR SRPLNDWH V WLSNDPD LQ H VWH L]EUDOL XUQL ]DSLV ODKNR L]ELUDWH PHG DP LQ SP V WLSNR
3ULODJDMDQMH YDHJD WHOHIRQD
DVRYQL SDVRYL
)XQNFLMD DVRYQL SDVRYL YDV RE YVWRSX Y QRY DVRYQL SDV YSUDD H HOLWH QDVWDYLWL WRHQ DV )XQNFLMR ODKNR L]NOMXLWH , ]NORS IXQNFLMH DVRYQL SDVRYL , ]EHULWH 1DVWDYLWYH < ( 6 8UDGDWXP < ( 6 DVRYQL SDVRYL < ( 6 , ]EHULWH , ]NOMXL 2SRPED 7D VWRULWHY MH RGYLVQD RG RPUHMD
'DWXP
. R MH WHOHIRQ Y VWDQMX SULSUDYOMHQRVWL ODKNR YLGLWH GDQDQML GDWXP Y PHQLMX 6WDQMH WDNR GD SRWLVQHWH WLSNR ]D QDVWDYOMDQMH JODVQRVWL QDY]GRO DOL QDY]JRU 1DVWDYOMDQMH ]DSLVD GDWXPD , ]EHULWH 1DVWDYLWYH < ( 6 8UD LQ GDWXP < ( 6 'DWXPVNL QDLQ < ( 6 , ]EHULWH HOHQ ]DSLV GDWXPD 1DVWDYOMDQMH GDWXPD , ]EHULWH 1DVWDYLWYH < ( 6 8UD LQ GDWXP < ( 6 1DVWDYL GDWXP < ( 6 9SLLWH OHWR GYH PHVWL PHVHF LQ GDQ LQ SULWLVQLWH QD < ( 6 H VWH L]EUDOL GUXJ ]DSLV GDWXPD PRUDWH GDWXP YSLVDWL QD GUXJ QDLQ
3RQDVWDYLWHY
9VH QDVWDYLWYH WHOHIRQD ODKNR SRYUQHWH QD WDNQH YUHGQRVWL NRW VR ELOH RE QDNXSX WHOHIRQD 3RQDVWDYLWHY WHOHIRQD , ]EHULWH 1DVWDYLWYH < ( 6 3RQDVWDYLWHY < ( 6 9SLLWH NRGR ]D ]DNOHSDQMH WHOHIRQD LQ SULWLVQLWH < ( 6 H VWH NRGR ]D ]DNOHSDQMH VSUHPHQLOL YSLLWH VSUHPHQMHQR
3ULODJDMDQMH YDHJD WHOHIRQD
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
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
9SLV LQ YNORS WHYLONH FHQWUD ]D VSRURLOD
6SRURLOD ODKNR SRLOMDWH OH H WHOHIRQ SR]QD WHYLONR FHQWUD ]D VSRURLOD 9HLQD PRGHUQLK NDUWLF 6, 0 WR WHYLONR H YVHEXMH RE QDNXSX GUXJDH SD MR ODKNR GRELWH SUL VYRMHP RPUHQHP RSHUDWHUMX 9NORS WHYLONH VWRULWYH NL MH QD VH]QDPX , ]EHULWH 6SRURLOD < ( 6 0RQRVWL < ( 6 6HUYLVQL FHQWUL < ( 6 , ]EHULWH HOHQR WHYLONR LQ SULWLVQLWH < ( 6 , ]EHULWH 9NOMXL H MH VH]QDP SUD]HQ PRUDWH YSLVDWL WHYLONR VDPL 9SLVRYDQMH WHYLONH FHQWUD ]D VSRURLOD , ]EHULWH 6SRURLOD < ( 6 0RQRVWL < ( 6 6HUYLVQL FHQWUL < ( 6
'RGDP QRYR" < ( 6 9SLLWH WHYLONR VNXSDM ] PHGQDURGQR SUHGSRQR GUDYH LQ SULWLVQLWH QD < ( 6
LQ YVWRSQR NRGR
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
3LVDQMH VSRURLO
9H QDSRWNRY R YSLVRYDQMX EHVHGLOD QDMGHWH Y 9SLVRYDQMH UN QD VWUDQL 3ULPHU $ YSLHWH WDNR GD SULWLVQHWH QD % YSLHWH WDNR GD GYDNUDW SULWLVQHWH QD 0DOH UNH YSLHWH WDNR GD YSLHWH UNR $" in pritisnete na , ]SLH VH PDOD UND D =GDM ERVWH YSLVRYDOL PDOH UNH GRNOHU VSHW QH SULWLVQHWH QD . WHYLONH YSLHWH ] GDOMLP SULWLVNRP QD XVWUH]QR WLSNR UNH LQ WHYLONH ]EULHWH V WLSNR & 9SLVRYDQMH EHVHG ODKNR SRVSHLWH V WLSNR ]D QDVWDYOMDQMH JODVQRVWL % YSLHWH WDNR GD SRWLVQHWH WLSNR ]D QDVWDYOMDQMH JODVQRVWL QDY]JRU LQ SULWLVQHWH QD & YSLHWH WDNR GD SRWLVQHWH WLSNR ]D QDVWDYOMDQMH JODVQRVWL QDY]GRO LQ SULWLVQHWH QD 2SRPED 6 SULWLVNRP QD ODKNR L]EHUHWH GUXJR DEHFHGR
3RLOMDQMH QRYHJD VSRURLOD
, ]EHULWH 6SRURLOD < ( 6 3ROML QRYR < ( 6 9SLLWH VSRURLOR LQ SULWLVQLWH < ( 6 9SLLWH SUHMHPQLNRYR WHYLONR DOL MR SULNOLLWH L] LPHQLND V WLSNR 3ROMLWH VSRURLOR V WLSNR < ( 6 1D ]DVORQX VH L]SLH REYHVWLOR 3RLOMDP VSRURLOR NDWHUHPX VOHGL H
6SRURLOR MH SRVODQR
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
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
3ULWLVQLWH < ( 6 , ]EHULWH 3ROML H HOLWH ODKNR VSRURLOR WXGL XUHGLWH 3ULWLVQLWH < ( 6 LQ ]DQLWH SUL WUHWMHP NRUDNX SRVWRSND NL MH RSLVDQ ]JRUDM SRG 3RLOMDQMH QRYHJD VSRURLOD 2SRPED , VWL SRVWRSHN XSRUDELWH ]D YVH WLSH VSRURLO QD SULPHU HOHNWURQVNR SRWR IDNV LWG 3UL RSHUDWHUMX RPUHMD SUHYHULWH NDWHUH WLSH VSRURLO ODKNR XSRUDEOMDWH
3RLOMDQMH VSRURLO VNXSLQL
= YDLP WHOHIRQRP 7 :25/' ODKNR SRLOMDWH VSRURLOD SUHM GRORHQLP VNXSLQDP 3UHG SRLOMDQMHP PRUDWH GRORLWL VNXSLQR LQ MR VKUDQLWL Y LPHQLN 9H LQIRUPDFLM R L]GHODYL VNXSLQ GRELWH Y 6NXSLQH QD VWUDQL 3RLOMDQMH VSRURLO VNXSLQL , ]EHULWH 6SRURLOD < ( 6 3ROML QRYR < ( 6 9SLLWH VSRURLOR LQ SULWLVQLWH < ( 6 =D YVWRS Y LPHQLN SULWLVQLWH 3RLLWH 6NXSLQH LQ SULWLVQLWH < ( 6 , ]EHULWH HOHQR VNXSLQR LQ SROMLWH VSRURLOR V WLSNR < ( 6
2SRPED . R SRLOMDWH VSRURLOD VNXSLQL RVHE YDP RPUHMH ]DUDXQD YVDNR VSRURLOR SRVHEHM
3ULODJDMDQMH VSRURLO
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
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
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
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
3UHGORJH
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
6SUHMHP VSRURLOD
1RYR VSRURLOR 3ULNDHP"
. R VSUHMPHWH VSRURLOR ERVWH ]DVOLDOL SLVN OXND QD YUKX WHOHIRQD ER ]DHOD KLWUR XWULSDWL Y ]HOHQL EDUYL QD ]DVORQX SD VH L]SLH REYHVWLOR
1RYR VSRURLOR 3ULNDHP"
2SRPED 9VD RPUHMD YDV QD VSRURLOR QH ERGR RSR]RULOD V SLVNRP
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
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
RGJRYRU 2GJRYRULP" NR SULWLVQHWH QD < ( 6 H WR RPRJRD YD RPUHQL
RSHUDWHU H QH HOLWH RGJRYRULWL SULWLVQLWH 1 2 3R]QHMH EUDQMH VSRURLO . R VH L]SLH YSUDDQMH 1RYR VSRURLOR 3ULNDHP" SULWLVQLWH QD 1 2 6SRURLOR ER VKUDQMHQR Y SRPQLOQLN WHOHIRQD QD ]DVORQX SD VH ER SULND]DOD RYRMQLFD 2YRMQLFD L]JLQH WDNRM NR SUHEHUHWH VSRURLOR H HOLWH VSRURLOR SUHEUDWL SR]QHMH JD ODKNR QDMGHWH Y PHQLMX 3UHMHWR JOHMWH VSRGDM
. OLF QD WHYLONR NL VH QDKDMD Y VSRURLOX 3ULWLVQLWH < ( 6 NR MH WHYLOND R]QDHQD , ]EHULWH 3RNOLL . OLF QD WHYLONR SRLOMDWHOMD . R SUHEHUHWH VSRURLOR SULWLVQLWH QD < ( 6 9 VH]QDPX PRQRVWL SULWLVQLWH QD 3RNOLL H VWH WHYLONR H VKUDQLOL Y LPHQLN VNXSDM ] LPHQRP VH VNXSDM V 3RNOLL L]SLH H LPH RVHEH
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
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
6KUDQMHYDQMH GRKRGQLK VSRURLO
H QH HOLWH WDNRM SUHEUDWL VSRURLOD VH WR VDPRGHMQR VKUDQL Y SRPQLOQLN WHOHIRQD 7R YDP RPRJRD GD JD SUHEHUHWH NDVQHMH H MH Y WHP SRPQLOQLNX NDWHUR QHSUHEUDQR VSRURLOR VH QD ]DVORQX L]ULH RYRMQLFD 9 SRPQLOQLN ODKNR VKUDQLWH GR VSRURLO . R VH SRPQLOQLN ]DSROQL ER QDMQRYHMH VSRURLOR ]DPHQMDOR QDMVWDUHMHJD
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
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
6KUDQ QD 6, 0 "
%UDQMH VKUDQMHQLK VSRURLO
, ]EHULWH 6SRURLOD < ( 6 3UHMHWR < ( 6 R]QDXMH QHSUHEUDQR VSRURLOR R]QDXMH VSRURLOR VKUDQMHQR QD NDUWLFL 6, 0 , ]EHULWH VSRURLOR NL JD HOLWH SUHEUDWL 3UHEHULWH VSRURLOR NRW MH WR RSLVDQR Y 6SUHMHP VSRURLOD QD VWUDQL H HOLWH SUHEUDWL QDVOHGQMH VSRURLOR SULWLVQLWH RE NRQFX VSRURLOD < ( 6 9 VH]QDPX PRQRVWL L]EHULWH 3ULNDL QDVO
3RGURQH LQIRUPDFLMH
2ELDMQD VWRULWHY 606 MH RVHEQD VWRULWHY QDPHQMHQD SRLOMDQMX RVHEQLK VSRURLO 3RGURQH LQIRUPDFLMH VR GUXJD YUVWD VSRURLO NL MLK SUHMPHMR YVL QDURQLNL Y GRORHQL FHOLFL , QIRUPDFLMH ODKNR YVHEXMHMR VWDQMH Y SURPHWX DOL WHOHIRQVNR WHYLONR WDNVLMD 2SRPED 7D IXQNFLMD PRUGD QL QD YROMR Y YVHK RPUHMLK 9NORS LQ L]NORS SRGURQLK LQIRUPDFLM , ]EHULWH 6SRURLOD < ( 6 0RQRVWL < ( 6 3RGURQH LQIR < ( 6 6SUHMHP < ( 6 , ]EHULWH 9NOMXL DOL , ]NOMXL
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
7LSL SRGURQLK VSRURLO 9VDN WLS SRGURQLK LQIRUPDFLM MH R]QDHQ V WULPHVWQR NRGR 6SRGQML VH]QDP SRMDVQMXMH SRPHQ SRVDPH]QLK NRG NL VH WUHQXWQR XSRUDEOMDMR
. RGD 7LS SRGURQHJD VSRURLOD . D]DOR 1RYLFH %ROQLQLFH =GUDYQLNL /HNDUQH 3RURLOD R VWDQMX QD FHVWDK Y YVHM GUDYL 3RURLOD R VWDQMX QD ORNDOQLK FHVWDK 7DNVLML 9UHPH , QIRUPDFLMD Y FHOLFL , QIRUPDFLMH R RPUHMX 6WRULWYH RSHUDWHUMD , VNDQMH SR LPHQLNX GUDYQR , VNDQMH SR LPHQLNX PHGQDURGQR 6NUE ]D SRWURQLNH GUDYQR 6NUE ]D SRWURQLNH PHGQDURGQR
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
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
6SUHMHP SRGURQLK LQIRUPDFLM . R SUHMPHWH REYHVWLOR SRGURQLK LQIRUPDFLM VH WR VDPRGHMQR SULNDH QD ]DVORQX 3UHEHUHWH JD QD HQDN QDLQ NRW RELDMQR VSRURLOR JOHMWH 6SUHMHP VSRURLOD QD VWUDQL . R SUHEHUHWH REYHVWLOR SULWLVQLWH QD < ( 6 2EYHVWLOR VH ]EULH
, QIRUPDFLMH Y FHOLFL
. DQDO , QIRUPDFLMH Y FHOLFL JOHMWH 6H]QDP SRGURQLK LQIRUPDFLM QD VWUDQL XSRUDEOMDMR RSHUDWHUML RPUHLM ]D SRLOMDQMH VSRURLO VYRMLP QDURQLNRP Y GRORHQHP REPRMX RPUHMD 2SHUDWHU YDV ODKNR QD SULPHU REYHVWL GD VWH Y GRPDHP RPUHMX LQ GD ODKNR NOLHWH FHQHMH 2SRPED 9D RSHUDWHU RPUHMD WH IXQNFLMH PRUGD QH RPRJRD 9NORS LQ L]NORS LQIRUPDFLM Y FHOLFL , ]EHULWH 6SRURLOD < ( 6 0RQRVWL < ( 6 , QIR R FHOLFL < ( 6 , ]EHULWH 9NOMXL DOL , ]NOMXL
3RLOMDQMH LQ VSUHMHPDQMH VSRURLO 606
3UHXVPHUMDQMH YKRGQLK NOLFHY
9DVLK NOLFHY QH PRUHWH VSUHMHWL H NOMXE WHPX QRHWH GD EL NOLRL NOLFDO ]DPDQ MLK ODKNR SUHXVPHULWH QD SROMXEQR WHYLONR V IXQNFLMR 3UHXVPHULWYH 2SRPED 3UHXVPHUMDQMH QL QD YROMR Y YVHK RPUHMLK 3UHXVPHULWYH YDP RPRJRDMR SUHXVPHUMDQMH JRYRUQLK IDNV LQ SRGDWNRYQLK NOLFHY H YDD QDURQLQD SRGSLUD IDNV LQ SRGDWNRYQH NOLFH =D JRYRUQH NOLFH VR YDP QD YROMR QDVOHGQMH SUHXVPHULWYH SUHXVPHUMDQMH YVHK NOLFHY 9VL JRYRU NOLFL SUHXVPHUMDQMH H MH WHOHIRQ ]DVHGHQ . R MH ]DVHGHQ SUHXVPHUMDQMH NOLFHY NL MLK QH VSUHMPHWH Y GRORHQHP DVX NL MH RGYLVHQ RG RSHUDWHUMD 1L RGJRYRUD SUHXVPHUMDQMH H MH WHOHIRQ L]NOMXHQ DOL ]XQDM GRVHJD RPUHMD 1L GRVHJOMLY 2SRPED 7H PRQRVWL VR QD YROMR VDPR ]D JRYRUQH NOLFH H VWH QDURHQL QD VWRULWHY DOWHUQDWLYQH OLQLMH ODKNR QDVWDYOMDWH SUHXVPHULWYH ]D YVDNR OLQLMR SRVHEHM 9 WHP SULPHUX YDP ER QD YROMR GRGDWQD PRQRVW ]D SUHXVPHUMDQMH 9VL NO QD OLQ 1DVYHW . R YD WHOHIRQ 7 :25/' QDPHVWLWH Y ]DQM SULUHMHQL QDPL]QL SROQLOQLN VH NOLFL ODKNR SUHXVPHUMDMR DYWRPDWVNR *OHM 1DPL]QL SROQLOQLN QD VWUDQL . DGDU NOLHWH LQ VH NOLF SUHXVPHUL QD GUXJR WHYLONR VH WR L]SLH QD ]DVORQX H YDP WR RPRJRD QDURQLQD 3UDY WDNR VH QD ]DVORQX L]SLH REYHVWLOR NR SUHMPHWH NOLF NL MH ELO SUHXVPHUMHQ ] GUXJH WHYLONH H YDP WR RPRJRD QDURQLQD
9NODSOMDQMH SUHXVPHULWYH
3UHXVPHULWHY NOLFD , ]EHULWH 1DVWDYLWYH < ( 6 . OLFQH QDVWDY < ( 6 3UHXVPHULWYH < ( 6 , ]EHULWH HOHQR SUHXVPHULWHY 9VL JRYRU NOLFL . R MH ]DVHGHQ 1L RGJRYRUD 1L GRVHJOMLY )DNV NOLFL DOL 3RGDWNRYQL NOLFL LQ SULWLVQLWH < ( 6 , ]EHULWH 9NOMXL
3UHXVPHUMDQMH YKRGQLK NOLFHY
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
3UHNOLF SUHXVPHULWHY
3UHNOLF GRORHQLK SUHXVPHULWHY , ]EHULWH 1DVWDYLWYH < ( 6 . OLFQH QDVWDY < ( 6 3UHXVPHULWYH < ( 6 3RLLWH SUHXVPHULWHY NL MR HOLWH SUHNOLFDWL LQ SULWLVQLWH < ( 6 , ]EHULWH 3UHNOLL , ]SLH VH REYHVWLOR 3RDNDMWH NDWHUHPX VOHGL H SRWUGLOR GD MH SUHXVPHULWHY SUHNOLFDQD
3UHYHUMDQMH VWDQMD SUHXVPHULWHY
3UHYHUMDQMH VWDQMD GRORHQLK SUHXVPHULWHY , ]EHULWH 1DVWDYLWYH < ( 6 . OLFQH QDVWDY < ( 6 3UHXVPHULWYH < ( 6 3RLLWH HOHQR SUHXVPHULWHY LQ SULWLVQLWH < ( 6 , ]EHULWH 6WDQMH , ]SLH VH REYHVWLOR 3RDNDMWH NDWHUHPX VOHGL REYHVWLOR NL YDP SRYH DOL MH SUHXVPHULWHY YNOMXHQD 3UHYHUMDQMH VWDQMD YVHK SUHXVPHULWHY , ]EHULWH 1DVWDYLWYH < ( 6 . OLFQH QDVWDY < ( 6 3UHXVPHULWYH < ( 6 3UHYHUL YVH < ( 6
3UHXVPHUMDQMH YKRGQLK NOLFHY
=DLWD YDHJD WHOHIRQD LQ QDURQLQH
9D WHOHIRQ ODKNR SUHG QHSRREODHQR XSRUDER ]DLWLWH QD YH QDLQRY 7L YNOMXXMHMR YVH RG ]DNOHSDQMD NDUWLFH 6, 0 GR SRSROQHJD QDG]RUD QDG WHOHIRQVNLPL WHYLONDPL
=DNOHSDQMH NDUWLFH
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
7HO ]DNOHQMHQ
9SLL NRGR ]DNO
WHYLOND QL GRYROMHQD
1H]QDQD EDW 3RDVQR SROQM
7HOHIRQD QH PRUHWH YNOMXLWL
5RQL WHOHIRQ 1DSROQLWH DOL ]DPHQMDMWH EDWHULMR *OHMWH %DWHULMD QD VWUDQL 3URVWRURQL WHOHIRQ Y YR]LOX 7HOHIRQ SUDYLOQR YVWDYLWH Y GUDOR *OHMWH 2SUHPD ]D SURVWRURQR WHOHIRQLUDQMH Y YR]LOX QD VWUDQL
'UXJH WHDYH
1L ]QDND ]D SROQMHQMH . R ]DQHWH SROQLWL SUD]QR DOL ]HOR GROJR QHXSRUDEOMHQR EDWHULMR QHNDM DVD QH ER ]QDND ]D SROQMHQMH 6DVRPD VH ER VHYHGD SRMDYLO 7HOHIRQ QH EHOHL QHVSUHMHWLK NOLFHY 7HOHIRQ ER EHOHLO QHVSUHMHWH NOLFH OH H MH YNOMXHQ 6H]QDP NOLFHY
2GSUDYOMDQMH PDQMLK QDSDN
(ULFVVRQ 0RELOH , QWHUQHW
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
(ULFVVRQ 0RELOH , QWHUQHW
7HKQLQL SRGDWNL
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
*ORVDU
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1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
2SRPED 1DYRGLOD SUHEHULWH SUHG ]DHWNRP XSRUDEH WHOHIRQD
1HJD LQ Y]GUkHYDQMH L]GHOND
3UHQRVQL WHOHIRQ MH ]HOR ]DSOHWHQD LQ QDSUHGQD HOHNWULQD QDSUDYD H JD HOLWH NDU QDMEROMH L]NRULVWLWL SUHEHULWH EHVHGLOR R VNUEL ]D L]GHOHN WHU YDUQL LQ XLQNRYLWL XSRUDEL L]GHOND
6NUE ]D L]GHOHN
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
9]GUkHYDQMH LQ ]DPHQMDYD DQWHQH
1H XSRUDEOMDMWH ]YLWH DOL SRNRGRYDQH DQWHQH VDM WR ]PDQMD XLQNRYLWRVW WHOHIRQD $QWHQH QH RGVWUDQMXMWH VDPL 7HOHIRQ V SRNRGRYDQR DQWHQR RGQHVLWH GR SRREODHQHJD VHUYLVD
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
8SRUDEOMDMWH OH WHOHIRQX QDPHQMHQR (ULFVVRQRYR DQWHQR . DNUQH NROL GUXJH DQWHQH SULODJRGLWYH DOL GRGDWNL XWHJQHMR SRNRGRYDWL WHOHIRQ LQ ODKNR SRPHQLMR NUHQMH XVWUH]QLK SUHGSLVRY VDM ODKNR ]PDQMDMR XLQNRYLWRVW LQ HQHUJLMR UDGLMVNH IUHNYHQFH SRYHDMR SUHNR SULSRURHQLK PHMD
8LQNRYLWD XSRUDED WHOHIRQD
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
9LVRNRIUHNYHQQD HQHUJLMD
3UHQRVQL WHOHIRQ MH UDGLMVNL RGGDMQLN LQ VSUHMHPQLN . DGDU MH YNOMXHQ VSUHMHPD LQ RGGDMD YLVRNRIUHNYHQQR 9) HQHUJLMR *OHGH QD YUVWR SUHQRVQHJD WHOHIRQD NL VWH JD NXSLOL ODKNR GHOXMH Y UD]OLQLK IUHNYHQQLK SRGURMLK LQ SUL WHP XSRUDEOMD PRGXODFLMVNH WHKQLNH NL VR RELDMQH ]D WR SRGURMH . DGDU XSRUDEOMDWH WHOHIRQ VLVWHP NL YRGL YD NOLF QDG]LUD UDYHQ RGGDMQH PRL
, ]SRVWDYLWHY YLVRNRIUHNYHQQL HQHUJLML
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
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
9RQMD
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
(OHNWURQVNH QDSUDYH
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
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
3UHQRVQL WHOHIRQL ODKNR RYLUDMR QHNDWHUH VOXQH DSDUDWH H SULKDMD GR LQWHUIHUHQF VH REUQLWH QD YDHJD SRQXGQLND VWRULWYH DOL SRNOLLWH OLQLMR ]D VWUDQNH
/HWDOR
L]NORSLWH WHOHIRQ SUHGHQ VH YNUFDWH QD OHWDOR 'RNOHU MH OHWDOR QD WOHK WHOHIRQ XSRUDEOMDMWH OH H WR GRYROL SRVDGND
3UHQRVQHJD WHOHIRQD QH VPHWH XSRUDEOMDWL PHG OHWRP GD QH EL SULOR GR LQWHUIHUHQF V NRPXQLNDFLMVNLP VLVWHPRP
5D]VWUHOLWYHQD SRGURMD
'D EL SUHSUHLOL PRWHQMH UD]VWUHOMHYDQM L]NORSLWH HQRWR Y EOLLQL SRGURMD UD]VWUHOMHYDQMD DOL QD SRGURMLK NMHU MH R]QDHQR , ]NORSLWH QDSUDYH ] UDGLMVNLPL RGGDMQLNL *UDGEHQLNL SRJRVWR XSRUDEOMDMR GDOMLQVNR YRGHQH 9) QDSUDYH SUL SURHQMX HNVSOR]LYQLK WHOHV
3RWHQFLDOQR HNVSOR]LYQD R]UDMD
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
1DSDMDOQLN
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
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
2WURFL
1H GRYROLWH GD EL VH RWURFL LJUDOL V WHOHIRQRP VDM ODKNR SULGH GR ]DGXLWYH ] PDMKQLPL OROMLYLPL GHOL WHOHIRQD
. OLFL Y VLOL
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
, QIRUPDFLMH R EDWHULML
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
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
. RYLQVNL VWLNL QD EDWHULML VH QH VPHMR GRWDNQLWL GUXJLK NRYLQVNLK SUHGPHWRY VDM ODKNR SULGH GR NUDWNHJD VWLND LQ SRNRGRYDQMD EDWHULMH %DWHULMH QH L]SRVWDYOMDMWH RJQMX VDM EL ODKNR HNVSORGLUDOD %DWHULMD QH VPH SULWL Y VWLN V WHNRLQDPL %DWHULMD QH VPH SULWL Y XVWD =DXLWL EDWHULMVNL HOHNWUROLWL VR ODKNR VWUXSHQL
5HFLNOLUDQMH EDWHULMH
, ]UDEOMHQH EDWHULMH PRUDWH RGODJDWL QD SULPHUHQ QDLQ 1H VPH VH MLK RGODJDWL PHG JRVSRGLQMVNH RGSDGNH 8SRWHYDMWH YHOMDYQH SUHGSLVH LQ VH UDYQDMWH SR QMLK
1DYRGLOD ]D YDUQR LQ XLQNRYLWR XSRUDER
*DUDQFLMD
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
1D D JDUDQFLMD
(ULFVVRQ MDPL GD WD L]GHOHN RE QDNXSX LQ H GYDQDMVW PHVHFHY SRWHP QLPD RNYDU Y PDWHULDOX REOLNL LQ L]GHODYL 9VL GRGDWNL ]D L]GHOHN LPDMR RE QDNXSX LQ H GYDQDMVW PHVHFHY SRWHP JDUDQFLMR
=D NDM VH REYH]XMHPR
H WD L]GHOHN Y JDUDQFLMVNHP URNX SUL QRUPDOQL XSRUDEL LQ VWRULWYDK ]DQH GHORYDWL QHSUDYLOQR ]DUDGL VODEHJD PDWHULDOD DOL L]GHODYH ERGR (ULFVVRQRYH SRGUXQLFH SRREODHQL SURGDMDOFL DOL SRREODHQL VHUYLVL QD VYRMH VWURNH SRSUDYLOL DOL ]DPHQMDOL L]GHOHN SRG VSRGDM QDYHGHQLPL SRJRML
3RJRML
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
*DUDQFLMD
*DUDQFLMD QH YHOMD ]D QDSDNH L]GHOND NL VR SRVOHGLFD QHVUH VSUHPHPE DOL SULODJRGLWHY YLMH VLOH QHSULPHUQHJD SUH]UDHYDQMD LQ SRNRGE ]DUDGL WHNRLQ RELDMQH REUDEH QHSD]OMLYHJD UDYQDQMD YNOMXQR ] QHXSRWHYDQMHP (ULFVVRQRYLK QDYRGLO ]D XSRUDER LQ Y]GUHYDQMH L]GHOND *DUDQFLMD QH YHOMD ]D QDSDNH L]GHOND NL VR SRVOHGLFD SRSUDYLO QDPHVWLWHY VSUHPHPE DOL QHSULPHUQHJD VHUYLVLUDQMD NL MLK L]YDMDMR QHSRREODHQL VHUYLVHUML LQ GHODYQLFH WHU RGSLUDQMD L]GHOND NL JD L]YDMDMR QHSRREODHQH RVHEH *DUDQFLMD QH YHOMD ]D RNYDUH NL VR SRVOHGLFD XSRUDEH GRGDWNRY GUXJLK SURL]YDMDOFHY 8QLHQMH NDWHUHJD NROL SHDWD QD L]GHONX L]QLL JDUDQFLMR 267$/, + , =5(&1, + *$5$1&, - 3, 61, + $/, 8671, + 5$=(1 =*25$- 1$3, 6$1( 20(-(1( *$5$1&, -( 1, 96( 8325$%/-(1( *$5$1&, -( 9. /-812 = %5(= 20(-, 7(9 8325$%/-(12 *$5$1&, -2 $/, '2%$9/-, 9267-2 $/, 8675(=$1-( '2/2(1, 0 1$0(120 62 20(-(1( 1$ $6 75$-$1-$ 20(-(1( *$5$1&, -( (5, &6621 1, 9 12%(1(0 35, 0(58 2'*2925(1 =$ 1$. /-812 $/, 326/(', 12 2. 2'29$1-( . $7(5(*$ . 2/, 35(02e(1-$ 9. /-812 = $ 1( 20(-(12 1$ , =*8%2 '2%, . $ $/, , =*8%2 326/$ 7$. $ 2. 2'29$1-$ 6( /$+. 2 9 96(+ 35, 0(5, + , =32'%, -$ = =$. 21, H MH Y YDL GUDYL ] ]DNRQL SUHSRYHGDQD L]ORLWHY DOL RPHMHYDQMH QDNOMXQHJD DOL SRVOHGLQHJD RNRGRYDQMD DOL RPHMHYDQMH WUDMDQMD JDUDQFLMH SRWHP SUHMQMH RPHMLWYH DOL L]ORLWYH ]D YDV QH YHOMDMR H QL YHOMDYQHJD QDFLRQDOQHJD ]DNRQD MH WD JDUDQFLMD HGLQR SRYUDLOR
*DUDQFLMD
Izjava o ustreznosti
Druzba Ericsson Mobile Communications AB, Nya Vattentornet 221 83 Lund, Svedska izjavlja, da je njen izdelek Ericsson tip 114 1101-BV na katerega se ta izjava nanasa, ustreza standardom TBR 19, TBR 20, NATWG. 03, ETS 300 342-1 in EN 60950, po zakonu o teleterminalih 91/263/EEC, zakonu 89/336/EEC in zakonu o nizki napetosti 73/23/EEC.
Stockholm January 17, 2000
(Mesto & datum izzida)
/Johan Siberg/
Johan Siberg, predsednik
122
Izjava o ustreznosti
. D]DOR
$ %
$ODUP 84 %DQQLWYR V WHOHIRQRP 32 %DWHULMD 6 SROQMHQMH 6 7 SULNOMXHYDQMH 6 %HOHQLFD 18
,
DV QDVWDYOMDQMH 44 ]DSLV 44 UNH YSLVRYDQMH 28
'
'DWXP 45 QDVWDYOMDQMH 45 ]DSLV 45 'HORYDQMH WLSN 12 'RGDMDQMH GRGDWQH RSUHPH SURILOX 97 'YRMQR IUHNYHQQR REPRMH 110
, GHQWLILNDFLMD NOLFQH OLQLMH &/, 35 , JUH 86 , PH WHYLONH 28 , PHQLN 27 EULVDQMH WHYLONH 31 L]GHODYD 27 PHGQDURGQH WHYLONH 27 QDVORYL ]D HOHNWURQVNR SRWR 33 SRPQLOQLN 27 SRPQLOQLN SROQ 31 SUHYHUMDQMH VWDQMD SRPQLOQLND 34 VNXSLQH 33 YSLVRYDQMH UN 28 ]DLWD SUHG SUHSLVRYDQMHP 29 31 , ]ELUDQMH NDUWLFH 81 , ]NOMXHQR ]YRQMHQMH 11 , ]NORS PLNURIRQD 17 , ]NORS WHOHIRQD 10
-
-H]LN REYHVWLO QD ]DVORQX 10 43
.
)
)DNV SRLOMDQMH LQ VSUHMHPDQMH 82 )XQNFLMH 20
*
*ODVQRVW VSUHPLQMDQMH 17 *ORVDU 110 *RYRUQD R]QDND 77 *RYRUQL QDG]RU NOLFDQMH 77 78 R]QDNH 77 VSUHMHP 77 VSUHMHP NOLFHY 79 WHDYH SUL VQHPDQMX 78 ]DYUQLWHY 77
. DONXODWRU 84 . DUWLFD 6, 0 5 GHEORNLUDQMH 58 IXQNFLMH NL MLK L]YDMD 101 RGVWUDQMHYDQMH 5 SRQDVWDYLWHY 100 . D]DOFL QD ]DVORQX PHULOQLN R QDSROQMHQRVWL EDWHULMH 11 . OLF DND 66 . OLFDQMH 14 L] VH]QDPD NOLFHY 35 . OLFDQMH V NOLFQLPL NDUWLFDPL YNORS 80
. D]DOR
. OLFL NOLFDQMH 14 SRQRYQR NOLFDQMH 14 3UHNODSOMDQMH PHG NOLFL 67 VSUHMHP 15 16 VSUHMHPDQMH 12 ]DGUHYDQMH 17 66 67 69 70 ]DYUQLWHY 16 . OLFL Y VLOL 15 . OLFQD NDUWLFD VKUDQMHYDQMH WHYLONH 80 . RQIHUHQQL NOLFL 68 GRGDMDQMH QRYLK XGHOHHQFHY 69 L]ORDQMH XGHOHHQFD 69 L]ORHYDQMH XGHOHHQFD 69 SUHJOHG XGHOHHQFHY 69 Y]SRVWDYLWHY 68 . UHGLWQD NDUWLFD VKUDQMHYDQMH WHYLONH 80
2
2GSUDYOMDQMH PDQMLK QDSDN 106 2PUHMD QDVWDYLWYH 71 2PUHMH L]ELUDQMH 71 QDLQL LVNDQMD 73 SUHGQRVWQD RPUHMD 72 2QOLQH VWRULWYH 99 2SR]DUMDQMH QD VSRURLOD 42 2SR]DUMDQMH ] YLEULUDQMHP 41 2SUHPD ]D SURVWRURQR WHOHIRQLUDQMH Y YR]LOX 94 2VHEHQ WLS ]YRQMHQMD 40
3
/
/LQLMD L]ELUD OLQLMH 76
0
0HGQDURGQD WHYLOND ]D NOLF Y VLOL 15 0HGQDURGQL NOLFL 15 0HQMDYDQMH OLQLM 76 0LNURIRQ L]NORS 17 0LQXWQL RSRPQLN 42 PRGHP , 5 97
1
1DLQ VSUHMHPD 96 1DG]RU NOLFHY 64 1DPL]QL SROQLOQLN 92 1DVWDYLWYH 39 ]DHWQH 10 1HVSUHMHWL NOLFL 36
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
. D]DOR
3UHXVPHUMDQMH SUHNOLF 57 YKRGQLK NOLFL 56 YNORS 56 3UHXVPHUMDQMH NOLFHY ]QDN ]D SUHXVPHULWHY 11 3URILOL 88 93 L]ELUD 89 VDPRGHMQD L]ELUD 88 VSUHPLQMDQMH LPHQD 90 VSUHPLQMDQMH QDVWDYLWHY 90 38. [. . . ] 03, ETS 300 342-1 in EN 60950, po zakonu o teleterminalih 91/263/EEC, zakonu 89/336/EEC in zakonu o nizki napetosti 73/23/EEC.
Stockholm January 17, 2000
(Mesto & datum izzida)
/Johan Siberg/
Johan Siberg, predsednik
122
Izjava o ustreznosti
. D]DOR
$ %
$ODUP 84 %DQQLWYR V WHOHIRQRP 32 %DWHULMD 6 SROQMHQMH 6 7 SULNOMXHYDQMH 6 %HOHQLFD 18
,
DV QDVWDYOMDQMH 44 ]DSLV 44 UNH YSLVRYDQMH 28
'
'DWXP 45 QDVWDYOMDQMH 45 ]DSLV 45 'HORYDQMH WLSN 12 'RGDMDQMH GRGDWQH RSUHPH SURILOX 97 'YRMQR IUHNYHQQR REPRMH 110
, GHQWLILNDFLMD NOLFQH OLQLMH &/, 35 , JUH 86 , PH WHYLONH 28 , PHQLN 27 EULVDQMH WHYLONH 31 L]GHODYD 27 PHGQDURGQH WHYLONH 27 QDVORYL ]D HOHNWURQVNR SRWR 33 SRPQLOQLN 27 SRPQLOQLN SROQ 31 SUHYHUMDQMH VWDQMD SRPQLOQLND 34 VNXSLQH 33 YSLVRYDQMH UN 28 ]DLWD SUHG SUHSLVRYDQMHP 29 31 , ]ELUDQMH NDUWLFH 81 , ]NOMXHQR ]YRQMHQMH 11 , ]NORS PLNURIRQD 17 , ]NORS WHOHIRQD 10
-
-H]LN REYHVWLO QD ]DVORQX 10 43
.
)
)DNV SRLOMDQMH LQ VSUHMHPDQMH 82 )XQNFLMH 20
*
*ODVQRVW VSUHPLQMDQMH 17 *ORVDU 110 *RYRUQD R]QDND 77 *RYRUQL QDG]RU NOLFDQMH 77 78 R]QDNH 77 VSUHMHP 77 VSUHMHP NOLFHY 79 WHDYH SUL VQHPDQMX 78 ]DYUQLWHY 77
. DONXODWRU 84 . DUWLFD 6, 0 5 GHEORNLUDQMH 58 IXQNFLMH NL MLK L]YDMD 101 RGVWUDQMHYDQMH 5 SRQDVWDYLWHY 100 . D]DOFL QD ]DVORQX PHULOQLN R QDSROQMHQRVWL EDWHULMH 11 . OLF DND 66 . OLFDQMH 14 L] VH]QDPD NOLFHY 35 . OLFDQMH V NOLFQLPL NDUWLFDPL YNORS 80
. D]DOR
. OLFL NOLFDQMH 14 SRQRYQR NOLFDQMH 14 3UHNODSOMDQMH PHG NOLFL 67 VSUHMHP 15 16 VSUHMHPDQMH 12 ]DGUHYDQMH 17 66 67 69 70 ]DYUQLWHY 16 . OLFL Y VLOL 15 . OLFQD NDUWLFD VKUDQMHYDQMH WHYLONH 80 . RQIHUHQQL NOLFL 68 GRGDMDQMH QRYLK XGHOHHQFHY 69 L]ORDQMH XGHOHHQFD 69 L]ORHYDQMH XGHOHHQFD 69 SUHJOHG XGHOHHQFHY 69 Y]SRVWDYLWHY 68 . UHGLWQD NDUWLFD VKUDQMHYDQMH WHYLONH 80
2
2GSUDYOMDQMH PDQMLK QDSDN 106 2PUHMD QDVWDYLWYH 71 2PUHMH L]ELUDQMH 71 QDLQL LVNDQMD 73 SUHGQRVWQD RPUHMD 72 2QOLQH VWRULWYH 99 2SR]DUMDQMH QD VSRURLOD 42 2SR]DUMDQMH ] YLEULUDQMHP 41 2SUHPD ]D SURVWRURQR WHOHIRQLUDQMH Y YR]LOX 94 2VHEHQ WLS ]YRQMHQMD 40
3
/
/LQLMD L]ELUD OLQLMH 76
0
0HGQDURGQD WHYLOND ]D NOLF Y VLOL 15 0HGQDURGQL NOLFL 15 0HQMDYDQMH OLQLM 76 0LNURIRQ L]NORS 17 0LQXWQL RSRPQLN 42 PRGHP , 5 97
1
1DLQ VSUHMHPD 96 1DG]RU NOLFHY 64 1DPL]QL SROQLOQLN 92 1DVWDYLWYH 39 ]DHWQH 10 1HVSUHMHWL NOLFL 36
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
. D]DOR
3UHXVPHUMDQMH SUHNOLF 57 YKRGQLK NOLFL 56 YNORS 56 3UHXVPHUMDQMH NOLFHY ]QDN ]D SUHXVPHULWHY 11 3URILOL 88 93 L]ELUD 89 VDPRGHMQD L]ELUD 88 VSUHPLQMDQMH LPHQD 90 VSUHPLQMDQMH QDVWDYLWHY 90 38. [. . . ]