Gebruiksaanwijzing SONY ERICSSON T39M

JeHandleiding biedt een gemeenschapsdienst van aandeel, archivering on line en van opzoeking van documentatie betreffende het gebruik van materialen of software : handleiding, gebruiksaanwijzing, installatiegids, technisch handboek… VERGEET NIET: ALTIJD DE HANDLEIDING LEZEN ALVORENS TE KOPEN!
Welk reserveonderdeel zoekt u?

Indien de inhoud van dit document met de handleiding overeenstemt, met de gebruiksaanwijzing, met de instructielijst, de installatielijst, of gebruikerslijst, met de handboek, met de montageschema of met de gids die u zoekt, aarzel niet die te teleladen. JeHandleiding laat u toe gemakkelijk toegang te hebben tot de informaties over de gebruiksaanwijzing SONY ERICSSON T39M. Wij hopen dat dit SONY ERICSSON T39M handleiding nut zal zijn voor jou.

JeHandleiding laat toe de gebruiksaanwijzing SONY ERICSSON T39M te teleladen.


Mode d'emploi SONY ERICSSON T39M
Download

U mag de volgende handleidingen teleladen die in verband staan met dit product :

   SONY ERICSSON T39M (2370 ko)
   SONY ERICSSON T39M SONY VAIO QUICK GUIDE (486 ko)
   SONY ERICSSON T39M GENERAL WAP INTRODUCTION (78 ko)
   SONY ERICSSON T39M GENERAL EMAIL INTRODUCTION (83 ko)
   SONY ERICSSON T39M GENERAL BLUETOOTH INTRODUCTION (74 ko)

Handleiding samenvatting: gebruikershandleiding SONY ERICSSON T39M

Uitgebreide gebruiksaanwijzingen staan in de gebruikershandleiding.

[. . . ] (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 7 7HOHIRRQ ERHN 'H WHOHIRRQ YRRUEHUHLGHQ 0RQWDJH 6, 0NDDUW %DWWHULM +HW NOHPPHWMH , QKRXGV RSJDYH /HWWHUV LQYRHUHQ , QYRHUWDOHQ 7HNVWLQYRHU GRRU PHHUGHUH WRHWVDDQVODJHQ PXOWLWRHWV 7WHNVWLQYRHU %HOOHQ 'H WHOHIRRQ DDQ]HWWHQ (HQ JHVSUHN YRHUHQ (HQ LQNRPHQG JHVSUHN 'H WHOHIRRQ XLWVFKDNHOHQ &RQWDFWHQ RSVODDQ (HQ FRQWDFW EHOOHQ +HW WHOHIRRQERHN EHZHUNHQ 9DQ HQ QDDU GH 6, 0NDDUW NRSLsUHQ 9LVLWHNDDUWMHV *URHSHQ 7RHWVWRRQVHUYLFHV +HW JHKHXJHQ FRQWUROHUHQ 7HNVWEHULFKWHQ 7LMGHQV HHQ JHVSUHN 2RUWHOHIRRQYROXPH 0LFURIRRQ 1RWLWLHEORN 7RHWVWRRQVLJQDOHQ YHU]HQGHQ (QFU\SWLH 9RRUGDW X EHULFKWHQ YHU]HQGW %HULFKWHQ YHU]HQGHQ 6WDWXVUDSSRUW %HULFKWHQ RQWYDQJHQ /LMVW PHW RSWLHV 5HJLRLQIRUPDWLH %OXHWRRWK GUDDGOR]H WHFKQRORJLH 7RHWVIXQFWLHV 0HQX V 'RRU GH PHQX V ORSHQ $DQZLM]LQJHQ 'LVSOD\WHNVW +HOSWHNVWHQ 7DDO ZDDULQ GH PHQX V ZRUGHQ ZHHUJHJHYHQ 0LMQ WDEEODG 9RRUGDW X EHJLQW :HUNLQJVPRGL =RHNHQ QDDU DQGHUH WRHVWHOOHQ 9HU]HQGHQ HQ RQWYDQJHQ , QIUDURRGSRRUW 'H , 5SRRUW DFWLYHUHQ , 5DSSDUDWHQ DDQVOXLWHQ . DOHQGHU 'H WHOHIRRQ DDQ XZ SHUVRRQOLMNH ZHQVHQ DDQSDVVHQ %HOVLJQDOHQ $IEHHOGLQJHQ 'LVSOD\ 7LMG HQ GDWXP . OHSMHLQVWHOOLQJHQ )DEULHNVLQVWHOOLQJHQ KHUVWHOOHQ $IVSUDNHQ HQ WDNHQ 'H NDOHQGHU EHNLMNHQ %HZHUNHQ HQ YHUZLMGHUHQ 'H OLMVW PHW RSWLHV . DOHQGHULQVWHOOLQJHQ . DOHQGHUJHJHYHQV XLWZLVVHOHQ 6\QFKURQLVDWLH %HJLQQHQ PHW GH V\QFKURQLVDWLH 6\QFKURQLVDWLH PHW HHQ , QWHUQHWNDOHQGHU :$3 HQ HPDLO LQVWHOOHQ , QVWHOOLQJHQ YRRU GDWDDFFRXQWV :$3SURILHOLQVWHOOLQJHQ , QVWHOOLQJHQ YRRU HPDLODFFRXQWV (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :$3 'H :$3EURZVHU VWDUWHQ 'H :$3EURZVHU DIVOXLWHQ 2SWLHV ELM KHW EURZVHQ $DQYXOOHQGH :$3RSWLHV %HYHLOLJLQJ :$3SXVKEHULFKWHQ 9RLFHPHPR V EHZHUNHQ 'H RSQDPHNZDOLWHLW , QVWHOOLQJHQ 9RLFHPDLOVHUYLFH 8Z YRLFHPDLO EHOOHQ :DDUVFKXZLQJ ELM EHULFKW 'RRUVFKDNHOHQ (PDLO 9HU]HQGHQ HQ RQWYDQJHQ 2SVWHOOHQ HQ YHU]HQGHQ $IEHHOGLQJHQ ELMVOXLWHQ 2QWYDQJHQ HQ OH]HQ %HDQWZRRUGHQ 9HUZLMGHUHQ $UFKLYHUHQ 'H IXQFWLH YRRU JHVSUHNV GRRUVFKDNHOLQJ DFWLYHUHQ 'RRUVFKDNHOHQ YDQ JHVSUHNNHQ DQQXOHUHQ 'H GRRUVFKDNHOVWDWXV FRQWUROHUHQ 0HHU GDQ pp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pQ OLMQ EORNNHUHQ :DFKWZRRUG HQ EHYHLOLJLQJ 'H IXQFWLH &RGHPHPR JHEUXLNHQ &RGHV YHUZLMGHUHQ HQ EHZHUNHQ +HW ZDFKWZRRUG ZLM]LJHQ :DFKWZRRUG YHUJHWHQ" 'H VWRSZDWFK 7LPHU 5HNHQPDFKLQH 3UREOHPHQ RSORVVHQ )RXWPHOGLQJHQ 2YHULJH SUREOHPHQ 7HFKQLVFKH JHJHYHQV 9HLOLJ HQ HIILFLsQW JHEUXLN *HVSUHNNHQ PHW WHOHIRRQNDDUWHQ 7HOHIRRQNDDUWHQ 7HOHIRRQNDDUWQXPPHUV RSVODDQ (HQ NDDUW NLH]HQ %HOOHQ PHW GH WHOHIRRQNDDUW %HSHUNWH JDUDQWLH 5HJHOJHYLQJ 6SHOOHWMHV 7HQQLV (UL[ 3LFWRJUDPPHQ 6QHOWRHWVHQ , QGH[ +XOSPLGGHOHQ :HNNHU (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (ULFVVRQ 7 (HUVWH XLWJDYH PDDUW 'H]H JHEUXLNHUVKDQGOHLGLQJ LV HHQ SXEOLFDWLH YDQ (ULFVVRQ 0RELOH &RPPXQLFDWLRQV $% ]RQGHU JDUDQWLH 7H DOOHQ WLMGH HQ ]RQGHU YRRUDIJDDQGH ZDDUVFKXZLQJ NXQQHQ YHUEHWHULQJHQ HQ ZLM]LJLQJHQ GRRU (ULFVVRQ 0RELOH &RPPXQLFDWLRQV $% ZRUGHQ DDQJHEUDFKW LQ GH]H JHEUXLNHUVKDQGOHLGLQJ RS JURQG YDQ W\SRJUDILVFKH IRXWHQ RQMXLVWH RI DFKWHUKDDOGH JHJHYHQV RI YHUEHWHULQJHQ DDQ SURJUDPPDWXXU HQRI DSSDUDWXXU 'HUJHOLMNH ZLM]LJLQJHQ ZRUGHQ QDWXXUOLMN YHUZHUNW LQ QLHXZH XLWJDYHQ YDQ GH]H JHEUXLNHUVKDQGOHLGLQJ $OOH UHFKWHQ YRRUEHKRXGHQ (ULFVVRQ 0RELOH &RPPXQLFDWLRQV $% 3XEOLFDWLHQXPPHU 1//=7 5$ , 1129$7521 3$7(176 1RWD EHQH (QNHOH LQ GH]H JHEUXLNHUVKDQGOHLGLQJ EHVFKUHYHQ VHUYLFHV ZRUGHQ QLHW GRRU DOOH QHWZHUNHQ RQGHUVWHXQG 'HUJHOLMNH VHUYLFHV ZRUGHQ DDQJHJHYHQ PHW HHQ SLFWRJUDP LQ GH OLQNHUPDUJH 'LW JHOGW RRN YRRU GH LQWHUQDWLRQDOH *60DODUPQXPPHUV 1HHP FRQWDFW RS PHW XZ QHWZHUNRSHUDWRU RI VHUYLFHSURYLGHU DOV X WZLMIHOW RI X HHQ EHSDDOGH VHUYLFH DO GDQ QLHW NXQW JHEUXLNHQ /HHV GH KRRIGVWXNNHQ 9HLOLJ HQ HIILFLsQW JHEUXLN HQ *DUDQWLH YRRUGDW X GH PRELHOH WHOHIRRQ JDDW JHEUXLNHQ 'H %/8(7227+ KDQGHOVPHUNHQ ]LMQ HLJHQGRP YDQ 7HOHIRQDNWLHERODJHW / 0 (ULFVVRQ 6ZHGHQ 7 LV HHQ JHGHSRQHHUG KDQGHOVPHUN YDQ 7HJLF &RPPXQLFDWLRQV 7 KHHIW HHQ OLFHQWLH RQGHU HHQ RI PHHU YDQ GH YROJHQGH SDWHQWHQ 86 3DW 1RV HQ &DQDGLDQ 3DW 1R 8QLWHG . LQJGRP 3DW 1R % +RQJ . RQJ 6WDQGDUG 3DW 1R +. [. . . ] B $%&cbjd 012fgz 3456 789h :;<= ## ?;<: KHW YHUZLMGHUHQ YDQ OHWWHUV HQ FLMIHUV VFKDNHOHQ WXVVHQ KRRIGOHWWHUV HQ NOHLQH OHWWHUV FLMIHUV GUXN RS GH UHOHYDQWH WRHWVHQ HQ KRXGW GH]H LQJHGUXNW /HWWHUV LQYRHUHQ PHW GH PXOWLWRHWVPHWKRGH YRRU WHNVWLQYRHU *D QDDU 7HOHIRRQERHN < ( 6 &RQWDFW WRHY < ( 6 'UXN QRJPDDOV RS <( 6 'UXN HHQ DDQWDO PDOHQ RS GH UHOHYDQWH WRHWV RI WRWGDW KHW JHZHQVWH WHNHQ RS KHW GLVSOD\ ZRUGW ZHHUJHJHYHQ =LH GH YROJHQGH WDEHO YDQ KHW /DWLMQVH DOIDEHW 9RRUEHHOG $OV X HHQ $ ZLOW LQYRHUHQ GUXNW X pp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pp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ppQ SOHN NXQW RSVODDQ 7HOHIRRQ ERHN &RQWDFWHQ RSVODDQ 9RRU LHGHU FRQWDFW NXQW X GH YROJHQGH JHJHYHQV LQYXOOHQ YRRUQDDP DFKWHUQDDP EHGULMI IXQFWLH SULYpQXPPHU QXPPHU RS KHW ZHUN PRELHO WHOHIRRQQXPPHU ID[QXPPHU DQGHU WHOHIRRQQXPPHU HQ HPDLODGUHV 'H FRQWDFWHQ ZRUGHQ RSJHVODJHQ LQ GH WHOHIRRQ =LH &RQWDFWHQ QDDU GH 6, 0NDDUW NRSLs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sUHQ RS SDJLQD YRRU PHHU LQIRUPDWLH DOV X FRQWDFWHQ YDQXLW GH WHOHIRRQ QDDU GH 6, 0NDDUW ZLOW NRSLs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sUHQ 9DQ HQ QDDU GH 6, 0NDDUW NRSLsUHQ 'H FRQWDFWHQ ]LMQ RSJHVODJHQ LQ GH WHOHIRRQ $OV X GH IXQFWLH 6QHONLH]HQ ZLOW JHEUXLNHQ RI DOV X GH FRQWDFWHQ LQ HHQ DQGHUH WHOHIRRQ ZLOW JHEUXLNHQ PRHW X GH FRQWDFWHQ QDDU GH 6, 0NDDUW NRSLsUHQ 'H FRQWDFWHQ RS GH 6, 0NDDUW ZRUGHQ YHUYROJHQV YHUYDQJHQ GRRU GH FRQWDFWHQ LQ GH WHOHIRRQ &RQWDFWHQ QDDU GH 6, 0NDDUW NRSLsUHQ *D QDDU 7HOHIRRQERHN < ( 6 2SWLHV < ( 6 . RSLH QDDU 6, 0 < ( 6 7HOHIRRQ ERHN (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% &RQWDFWHQ QDDU GH WHOHIRRQ NRSLsUHQ *D QDDU 7HOHIRRQERHN < ( 6 2SWLHV < ( 6 . RSLs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sUHQ Y 6, 0 9LVLWHNDDUWMHV 8 NXQW XZ HLJHQ YLVLWHNDDUWMH DOV FRQWDFW DDQ KHW WHOHIRRQERHN WRHYRHJHQ ZDDUQD X YLVLWHNDDUWMHV YLD GH WHOHIRRQ PHW ELMYRRUEHHOG XZ FROOHJD V NXQW XLWZLVVHOHQ 8Z YLVLWHNDDUWMH WRHYRHJHQ RI EHZHUNHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMH < ( 6 0LMQ HLJHQ < ( 6 6HOHFWHHU (LJHQ WRHY HQ GUXN RS < ( 6 *D YHUGHU ]RDOV EHVFKUHYHQ ELM (HQ QLHXZ FRQWDFW WRHYRHJHQ RS SDJLQD $OV X XZ JHJHYHQV DO DOV FRQWDFW KHEW LQJHYRHUG ZLOW X GH]H JHJHYHQV ZHOOLFKW DOV YLVLWHNDDUWMH JHEUXLNHQ (HQ FRQWDFW DOV XZ YLVLWHNDDUWMH JHEUXLNHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMH < ( 6 0LMQ HLJHQ < ( 6 6HOHFWHHU *HEUXLN FRQWDFW HQ GUXN RS <( 6 7\S GH HHUVWH OHWWHU YDQ GH QDDP YDQ KHW FRQWDFW GDW X DOV YLVLWHNDDUWMH ZLOW JHEUXLNHQ HQ GUXN RS < ( 6 $OV KHW JHVHOHFWHHUGH FRQWDFW QLHW KHW JHZHQVWH LV ORRSW X GRRU GH OLMVW WRWGDW X ELM KHW MXLVWH FRQWDFW NRPW 'UXN GDQ RS < ( 6 8Z YLVLWHNDDUWMH YHUZLMGHUHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMH < ( 6 0LMQ HLJHQ < ( 6 6HOHFWHHU (LJHQ YHUZ HQ GUXN RS < ( 6 'H JHJHYHQV VWDDQ QX QRJ ZHO LQ KHW WHOHIRRQERHN DOV QRUPDOH FRQWDFWJHJHYHQV 7HOHIRRQ ERHN (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 8Z HLJHQ YLVLWHNDDUWMH YHU]HQGHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMH < ( 6 =HQG PLMQ NUW < ( 6 6HOHFWHHU HHQ YHU]HQGPHWKRGH HQ GUXN RS < ( 6 *D YHUGHU ]RDOV EHVFKUHYHQ ELM %HULFKWHQ YHU]HQGHQ RS SDJLQD 9HU]HQGHQ HQ RQWYDQJHQ RS SDJLQD RI , 5DSSDUDWHQ DDQVOXLWHQ RS SDJLQD :DQQHHU X HHQ YLVLWHNDDUWMH RQWYDQJW YLD HHQ WHNVWEHULFKW DFFHSWHHUW X KHW NDDUWMH GRRU RS < ( 6 WH GUXNNHQ $OV X HHQ YLVLWHNDDUWMH ZLOW NXQQHQ RQWYDQJHQ YLD GH LQIUDURRGSRRUW RI %OXHWRRWK GUDDGOR]H WHFKQRORJLH VHOHFWHHUW X HHUVW KHW PHQX 2QWYDQJHQ RP GH LQIUD URRGSRRUW WH DFWLYHUHQ RI RP GH WHOHIRRQ YLQGEDDU WH PDNHQ (HQ YLVLWHNDDUWMH RQWYDQJHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMHV < ( 6 2QWYDQJHQ < ( 6 6HOHFWHHU HHQ YHU]HQGPHWKRGH HQ GUXN RS < ( 6 $OV X KHW YLVLWHNDDUWMH RQWYDQJW GUXNW X RS < ( 6 RP KHW NDDUWMH LQ KHW WHOHIRRQERHN RS WH VODDQ 'H WHNVW $OOHV WRHYRHJHQ DDQ WHOHIRRQERHN" YHUVFKLMQW 'UXN RS < ( 6 +HW EHULFKW $QWZRRUGHQ PHW HLJHQ NDDUWMH" ZRUGW ZHHUJHJHYHQ 'UXN RS < ( 6 DOV X ZLOW DQWZRRUGHQ (HQ FRQWDFW YHU]HQGHQ *D QDDU 7HOHIRRQERHN < ( 6 9LVLWHNDDUWMHV < ( 6 &RQWDFW ]HQGHQ < ( 6 9RHU GH HHUVWH OHWWHU YDQ GH QDDP YDQ KHW FRQWDFW LQ HQ GUXN RS < ( 6 6HOHFWHHU KHW FRQWDFW GDW X ZLOW YHU]HQGHQ HQ GUXN RS < ( 6 6HOHFWHHU HHQ YHU]HQGPHWKRGH HQ GUXN RS < ( 6 *D YHUGHU ]RDOV EHVFKUHYHQ ELM %HULFKWHQ YHU]HQGHQ RS SDJLQD 9HU]HQGHQ HQ RQWYDQJHQ RS SDJLQD RI , 5DSSDUDWHQ DDQVOXLWHQ RS SDJLQD 6HOHFWHHU 7HOERHN ]HQGHQ DOV X KHW JHKHOH WHOHIRRQERHN ZLOW YHU]HQGHQ 8 NXQW KHW JHKHOH WHOHIRRQERHN YHU]HQGHQ YLD GH LQIUDURRGSRRUW RI %OXHWRRWK GUDDGOR]H WHFKQRORJLH 7HOHIRRQ ERHN 9LVLWHNDDUWMHV XLWZLVVHOHQ 8 NXQW FRQWDFWHQ HQ YLVLWHNDDUWMHV WXVVHQ XZ WHOHIRRQ HQ HHQ VRRUWJHOLMNH WHOHIRRQ HHQ SDOPWRS RI HHQ SF XLWZLVVHOHQ PHW %OXHWRRWK GUDDGOR]H WHFKQRORJLH GH LQIUDURRGSRRUW RI HHQ WHNVWEHULFKW 7LS X NXQW YLVLWHNDDUWMHV HQ FRQWDFWHQ QDDU HHQ EHSDDOGH %OXHWRRWK (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% *URHSHQ 8 NXQW HHQ JURHS PHW FRQWDFWHQ PDNHQ =R NXQW X HHQ WHNVWEHULFKW JHOLMNWLMGLJ DDQ YHUVFKLOOHQGH JHDGUHVVHHUGHQ VWXUHQ =LH %HULFKWHQ YHU]HQGHQ RS SDJLQD YRRU PHHU LQIRUPDWLH (HQ QLHXZH JURHS PDNHQ *D QDDU 7HOHIRRQERHN < ( 6 *URHSHQ < ( 6 6HOHFWHHU *URHS WRHY HQ GUXN RS < ( 6 9RHU HHQ QDDP YRRU GH JURHS LQ HQ GUXN RS < ( 6 *D QDDU /LG WRHYRHJHQ HQ GUXN RS < ( 6 7\S GH HHUVWH OHWWHU YDQ GH QDDP YDQ KHW FRQWDFW GDW X ZLOW WRHYRHJHQ 'UXN RS < ( 6 $OV KHW FRQWDFW GDW ZRUGW ZHHUJHJHYHQ QLHW KHW JHZHQVWH FRQWDFW RI WRWGDW X ELM KHW MXLVWH FRQWDFW NRPW LV GUXNW X RS 'UXN RS < ( 6 6HOHFWHHU HHQ QXPPHU HQ GUXN RS < ( 6 *D WHUXJ QDDU /LG WRHYRHJHQ HQ GUXN RS < ( 6 RP KHW YROJHQGH OLG WRH WH YRHJHQ (HQ QLHXZ OLG WRHYRHJHQ DDQ HHQ EHVWDDQGH JURHS *D QDDU 7HOHIRRQERHN < ( 6 *URHSHQ < ( 6 6HOHFWHHU GH JURHS GLH X ZLOW EHZHUNHQ HQ GUXN RS < ( 6 *D QDDU %HZHUNHQ < ( 6 /LG WRHYRHJHQ < ( 6 9HUYROJ RS GH]HOIGH ZLM]H DOV YRRU KHW WRHYRHJHQ YDQ HHQ QLHXZ OLG DDQ HHQ QLHXZH JURHS ]LH KLHUERYHQ 'H QDDP YDQ HHQ JURHS EHZHUNHQ *D QDDU 7HOHIRRQERHN < ( 6 *URHSHQ < ( 6 6HOHFWHHU GH QDDP YDQ GH JURHS GLH X ZLOW EHZHUNHQ HQ GUXN RS <( 6 6HOHFWHHU *URHSQDDP EHZ HQ GUXN RS < ( 6 9RHU GH QLHXZH QDDP YDQ GH JURHS LQ HQ GUXN RS < ( 6 (HQ OLG XLW HHQ JURHS YHUZLMGHUHQ *D QDDU 7HOHIRRQERHN < ( 6 *URHSHQ < ( 6 6HOHFWHHU GH JURHS GLH X ZLOW EHZHUNHQ HQ GUXN RS < ( 6 6HOHFWHHU %HZHUNHQ HQ GUXN RS < ( 6 *D QDDU KHW OLG GDW X ZLOW YHUZLMGHUHQ HQ GUXN RS 'UXN RS < ( 6 RP XZ NHX]H WH EHYHVWLJHQ 7HOHIRRQ ERHN SULQWHU VWXUHQ HQ RS GH]H SULQWHU DIGUXNNHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 7RHWVWRRQVHUYLFHV 8 NXQW HHQ WHOHIRRQQXPPHU VDPHQ PHW WRRQVLJQDOHQ HQ FRGHV RSVODDQ LQ KHW WHOHIRRQERHN :DQQHHU X GLW LQYRHUJHJHYHQ EHOW ZRUGHQ DXWRPDWLVFK KHW WHOHIRRQQXPPHU HQ DOOH WRRQVLJQDDOFRGHV JHNR]HQ 'LW NDQ KDQGLJ ]LMQ ZDQQHHU X ELMYRRUEHHOG XZ DQWZRRUG DSSDUDDW ZLOW DIOXLVWHUHQ RI ZLOW WHOHEDQNLHUHQ (HQ JURHS YHUZLMGHUHQ *D QDDU 7HOHIRRQERHN < ( 6 *URHSHQ < ( 6 6HOHFWHHU GH JURHS GLH X ZLOW YHUZLMGHUHQ HQ GUXN RS < ( 6 6HOHFWHHU *URHS YHUZ HQ GUXN RS < ( 6 'UXN RS < ( 6 RP XZ NHX]H WH EHYHVWLJHQ 2SPHUNLQJ KHW RSVODDQ YDQ SHUVRRQOLMNH FRGHV LQ KHW WHOHIRRQ ERHN LV ULVNDQW LQ YHUEDQG PHW PRJHOLMNH GLHIVWDO YDQ GH WHOHIRRQ +HW LV YHLOLJHU RP SHUVRRQOLMNH FRGHV RS WH VODDQ LQ GH IXQFWLH &RGHPHPR =LH &RGHPHPR RS SDJLQD YRRU PHHU LQIRUPDWLH (HQ WHOHIRRQQXPPHU PHW LQEHJULS YDQ WRRQVLJQDOHQ HQ FRGHV RSVODDQ *D QDDU 7HOHIRRQERHN < ( 6 &RQWDFW WRHY < ( 6 'UXN RS < ( 6 HQ W\S GH QDDP GLH ELM KHW WHOHIRRQQXPPHU HQ GH FRGH KRRUW 'UXN RS < ( 6 *D QDDU 2YHULJH HQ GUXN RS < ( 6 7\S KHW WHOHIRRQQXPPHU 'UXN RS HQ KRXG GH WRHWV LQJHGUXNW WRW KHW SDX]HWHNHQ S LQ KHW GLVSOD\ YHUVFKLMQW 7\S GH FRGH YRHU LQGLHQ QRGLJ QRJ HHQ SDX]HWHNHQ LQ QRJ HHQ FRGH HQ]RYRRUW 'UXN RS < ( 6 *D QDDU 2SVODDQ $IVO HQ GUXN RS < ( 6 +HW JHKHXJHQ FRQWUROHUHQ 0HW GH IXQFWLH *HKHXJHQVWDWXV LQ KHW WHOHIRRQERHN NXQW X FRQWUROHUHQ KRHYHHO JHKHXJHQSRVLWLHV HU QRJ LQ KHW JHKHXJHQ EHVFKLNEDDU ]LMQ 'H VWDWXV YDQ KHW WHOHIRRQERHNJHKHXJHQ FRQWUROHUHQ *D QDDU 7HOHIRRQERHN < ( 6 *HKHXJHQVWDWXV < ( 6 RI %ODGHU GRRU GH OLMVW PHW 7HOHIRRQ ERHN (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 8 NXQW WHNVWEHULFKWHQ PHW GH 606 6KRUW 0HVVDJH 6HUYLFH YLD XZ PRELHOH WHOHIRRQ YHU]HQGHQ HQ RQWYDQJHQ 8 NXQW RRN HPDLO YHU]HQGHQ HQ RQWYDQJHQ =LH (PDLO RS SDJLQD YRRU PHHU LQIRUPDWLH 7HNVWEHULFKWHQ 9RRUGDW X EHULFKWHQ YHU]HQGW 9RRUGDW X YRRU KHW HHUVW HHQ WHNVWEHULFKW YHU]HQGW GRHW X HU YHUVWDQGLJ DDQ WH FRQWUROHUHQ RI X GH RQGHUVWDDQGH LQVWHOOLQJHQ KHEW RSJHJHYHQ 6HUYLFHFHQWUXP $OV X HHQ WHNVWEHULFKW ZLOW YHU]HQGHQ RI EHDQWZRRUGHQ PRHW KHW QXPPHU YDQ KHW VHUYLFHFHQWUXP YDQ XZ QHWZHUNRSHUDWRU ]LMQ RSJHJHYHQ 2S GH PHHVWH 6, 0NDDUWHQ LV GLW QXPPHU DO LQJHVWHOG , Q HHQ DDQWDO JHYDOOHQ PRHW X GLW QXPPHU ]HOI DFWLYHUHQ +HW QXPPHU NXQW X ELM XZ QHWZHUNRSHUDWRU RSYUDJHQ +HW QXPPHU YDQ KHW VHUYLFHFHQWUXP RS GH 6, 0NDDUW DFWLYHUHQ *D QDDU %HULFKWHQ <(6 2SWLHV < ( 6 606 <(6 6HUYLFHFHQWUD <(6 *D QDDU KHW JHZHQVWH QXPPHU HQ GUXN RS < ( 6 6HOHFWHHU $FWLYHUHQ HQ GUXN RS < ( 6 +HW WHOHIRRQQXPPHU YDQ KHW VHUYLFHFHQWUXP LQYRHUHQ *D QDDU %HULFKWHQ < ( 6 2SWLHV < ( 6 606 < ( 6 6HUYLFHFHQWUD < ( 6 1LHXZH WRHYRHJHQ" < ( 6 9RHU KHW QXPPHU LQ LQFOXVLHI GH LQWHUQDWLRQDOH SUHIL[ HQ GH ODQGFRGH 'UXN YHUYROJHQV RS < ( 6 $OV LQ GH OLMVW JHHQ QXPPHU ZRUGW JHYRQGHQ PRHW X GLW ]HOI LQVWHOOHQ $OV X HHQ WHNVWEHULFKW DOV HPDLOEHULFKW ZLOW YHU]HQGHQ PRHW X DOV HHUVWH HHQ HPDLOJDWHZD\QXPPHU LQYRHUHQ 1HHP YRRU PHHU LQIRUPDWLH FRQWDFW RS PHW GH QHWZHUNRSHUDWRU =LH RRN %HULFKWRSWLHV RS SDJLQD YRRU PHHU LQIRUPDWLH (HQ HPDLOJDWHZD\QXPPHU LQYRHUHQ *D QDDU %HULFKWHQ < ( 6 2SWLHV < ( 6 606 < ( 6 (PDLOJDWHZD\V < ( 6 1LHXZ WRHY" < ( 6 9RHU KHW QXPPHU YDQ GH HPDLOJDWHZD\ LQ HQ GUXN RS < ( 6 7HNVWEHULFKWHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% *356 DOV KHW FRPPXQLFDWLHVRRUW VHOHFWHUHQ =RUJ HUYRRU GDW X HHQ GDWDDFFRXQW KHEW JHPDDNW HQ *356 *60 DOV YRRUNHXUVHUYLFH KHEW JHVHOHFWHHUG =LH , QVWHOOLQJHQ YRRU GDWD DFFRXQWV RS SDJLQD HQ , QVWHOOLQJHQ YRRU *356 HQ *60 GDWD RS SDJLQD YRRU PHHU LQIRUPDWLH *D QDDU , QVWHOOLQJHQ < ( 6 'DWDFRPP < ( 6 606WRHJDQJ < ( 6 6HOHFWHHU 9RRUNHXU *356 HQ GUXN RS < ( 6 %HULFKWRSWLHV 8 NXQW RQGHUVWDDQGH LQVWHOOLQJHQ DOV VWDQGDDUG RSJHYHQ YRRU DO XZ EHULFKWHQ RI X NXQW GH RSWLH %LM YHU]HQGHQ" LQVFKDNHOHQ , Q GDW JHYDO NLHVW X GH LQVWHOOLQJHQ ELM HON EHULFKW GDW X ZLOW YHU]HQGHQ %HULFKWW\SH 8 NXQW RSJHYHQ KRH HHQ WHNVWEHULFKW GRRU GH JHDGUHVVHHUGH PRHW ZRUGHQ JHw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ppQ SHUVRRQ RI DDQ HHQ YRRUDI JHGHILQLHHUGH JURHS GLH LQ KHW WHOHIRRQERHN LV RSJHJHYHQ HQ RSJHVODJHQ =LH *URHSHQ RS SDJLQD YRRU PHHU LQIRUPDWLH RYHU KHW PDNHQ YDQ JURHSHQ :DQQHHU X WHNVWEHULFKWHQ DDQ HHQ JURHS YHU]HQGW ZRUGHQ NRVWHQ LQ UHNHQLQJ JHEUDFKW YRRU HONH SHUVRRQ LQ GH JURHS 8 NXQW DIEHHOGLQJHQ HQ PHORGLHsQ LQ HHQ WHNVWEHULFKW LQYRHJHQ :DQQHHU X HHQ WHNVWEHULFKW YHU]HQGW GDW DIEHHOGLQJHQ RI PHORGLHs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s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s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p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sQ HQ RSGUDFKWHQ YRRU VSHOOHWMHV 8 NXQW GH LQIRUPDWLH LQ XZ WHOHIRRQ V\QFKURQLVHUHQ PHW XZ SF 8 NXQW HHQ YHUELQGLQJ PDNHQ PHW YHUVFKLOOHQGH %OXHWRRWK DSSDUDWHQ PDDU VOHFKWV PHW pp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s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s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s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sQ HQ RSGUDFKWHQ YRRU VSHOOHWMHV YHU]HQGHQ HQ RQWYDQJHQ 8 NXQW SDV FRPPXQLFHUHQ PHW HHQ DQGHU , 5WRHVWHO DOV DDQ GH YROJHQGH YRRUZDDUGHQ LV YROGDDQ 'H LQIUDURRGSRRUW PRHW ]LMQ JHDFWLYHHUG 'H , 5WRHVWHOOHQ PRHWHQ PHW GH , 5SRRUWHQ QDDU HONDDU WRH OLJJHQ 'H VRIWZDUH YRRU LQIUDURRGFRPPXQLFDWLH PRHW ]LMQ JHwQVWDOOHHUG 8 YLQGW GH LQVWDOODWLHVRIWZDUH RS GH (ULFVVRQFG GLH ELM GH PRELHOH WHOHIRRQ ZRUGW JHOHYHUG , QIUDURRGSRRUW 2SPHUNLQJ X NXQW DOOHHQ HPDLOHQ HQ EURZVHQ DOV GH SURJUDPPD V YRRU GH GHVEHWUHIIHQGH VHUYLFHV RS GH SF ]LMQ JHw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m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s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sUHQ 8 NXQW HHQ RXGH DIVSUDDN RI WDDN DOV VMDEORRQ JHEUXLNHQ GRRU GH]H WH NRSLs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p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sUHQ PHW YHUVFKLOOHQGH LQVWHOOLQJHQ YRRU GLYHUVH GRHOHLQGHQ 3UREHHU YRRU VQHOOH HQ HIILFLs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pp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s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sQWH WRHJDQJ *356 *HQHUDO 3DFNHW 5DGLR 6HUYLFH DOV FRPPXQLFDWLHVRRUW 'H :$3EURZVHU VWDUWHQ %HJLQQHQ PHW EURZVHQ *D QDDU :$3VHUYLFHV HQ GUXN RS < ( 6 6HOHFWHHU HHQ YDQ GH YROJHQGH PDQLHUHQ RP WH EHJLQQHQ PHW EURZVHQ 2SHQ XZ KRPHSDJH (ULFVVRQ 0RELOH , QWHUQHW LV GH KRPHSDJH GLH RS KHW PRPHQW YDQ DDQVFKDI LV LQJHVWHOG *D QDDU HHQ YDQ XZ EODGZLM]HUV *D QDDU %ODGZLM]HUV < ( 6 6HOHFWHHU HHQ EODGZLM]HU LQ GH OLMVW HQ GUXN RS < ( 6 9RHU KHW DGUHV YDQ HHQ :$3SDJLQD LQ *D QDDU 9RHU 85/ LQ < ( 6 1LHXZ DGUHV" <( 6 7\S KHW :$3DGUHV ELMYRRUEHHOG PRELOHLQWHUQHWHULFVVRQFRP 8 KRHIW DOOHHQ HHQ SUHIL[ LQ WH YRHUHQ DOV X HHQ DQGHUH SURWRFRO GDQ KWWS JHEUXLNW ELMYRRUEHHOG IWS :$3 'H :$3EURZVHU DIVOXLWHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 2SWLHV ELM KHW EURZVHQ :DQQHHU X DDQ KHW EURZVHQ EHQW NXQW X GH YHUVFKLOOHQGH RSWLHV YRRU EURZVHQ NLH]HQ ]RDOV NRSSHOLQJHQ RI VSHFLDOH IXQFWLHV GRRU RS < ( 6 WH GUXNNHQ HQ GH]H WRHWV LQJHGUXNW WH KRXGHQ WRW KHW PHQX 2SWLHV ZRUGW ZHHUJHJHYHQ 'H RSWLHV NXQQHQ YDULs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s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wQLWLHHUG GRRU KHW EHWUHIIHQGH FRPSXWHU SURJUDPPD 9RRU GDWDRSURHSHQ PRHW X GH WHOHIRRQ DDQVOXLWHQ RS HHQ FRPSXWHU YLD %OXHWRRWK GUDDGOR]H WHFKQRORJLH HHQ LQIUDURRGSRRUW RI HHQ NDEHO 'DDUQD VWDUW X KHW FRPSXWHUSURJUDPPD 'DWDRSURHSHQ RQWYDQJHQ $OV X DI]RQGHUOLMNH QXPPHUV KHEW YRRU JHVSUHNNHQ HQ GDWDRSURHSHQ ZRUGW KHW VRRUW RSURHS GRRU GH WHOHIRRQ KHUNHQG 'DWDRSURHSHQ RQWYDQJHQ $I]RQGHUOLMNH QXPPHUV $OV RS KHW QHWZHUN HQ PHW XZ DERQQHPHQW DI]RQGHUOLMNH QXPPHUV YRRU GH YHUVFKLOOHQGH VRRUWHQ RSURHSHQ ZRUGHQ RQGHUVWHXQG ZRUGW RS KHW GLVSOD\ ZHHUJHJHYHQ ZHON VRRUW RSURHS HU ELQQHQNRPW (HQ GDWDRSURHS RQWYDQJHQ 6OXLW GH WHOHIRRQ DDQ RS GH FRPSXWHU %HDQWZRRUG GH RSURHS YDQXLW KHW FRPSXWHUSURJUDPPD DOV GH]H QLHW DXWRPDWLVFK ZRUGW EHDQWZRRUG 2SPHUNLQJ X NXQW HHQ LQNRPHQGH GDWDRSURHS QLHW EHDQWZRRUGHQ GRRU RS GH WRHWV < ( 6 RS GH WHOHIRRQ WH GUXNNHQ 8 NXQW GH RSURHS ZHO ZHLJHUHQ GRRU RS 1 2 WH GUXNNHQ 'DWDRSURHSHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (HQ VSUDDN RI GDWDRSURHS RQWYDQJHQ *D QDDU *HVSUHNVLQIR < (6 9OJQGH JHVSUHN < ( 6 9OJQG LQNRPHQG < ( 6 6HOHFWHHU KHW JHZHQVWH RSURHSW\SH 6SUDDN RI 'DWD RI )D[ HQ GUXN RS < ( 6 RP XZ NHX]H WH EHYHVWLJHQ 6OXLW GH WHOHIRRQ DDQ RS GH FRPSXWHU %HDQWZRRUG GH RSURHS YDQXLW KHW SURJUDPPD :DQQHHU X GH WHOHIRRQ KHEW LQJHVWHOG RS HHQ EHSDDOG W\SH LQNRPHQGH RSURHS EOLMIW GH]H LQVWHOOLQJ JHKDQGKDDIG WRWGDW X GH]H ZLM]LJW 'DWDRSURHSHQ RQWYDQJHQ (p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yyU DDQNRSSHOLQJ YDQ KHW DFFHVVRLUH RSQLHXZ LQJHVWHOG 2SPHUNLQJ QHHP FRQWDFW RS PHW GH (ULFVVRQOHYHUDQFLHU YRRU PHHU LQIRUPDWLH RYHU DFFHVVRLUHV 3URILHOHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :DQQHHU X HHQ DFFHVVRLUH DDQ HHQ VSHFLILHN SURILHO ZLOW WRHYRHJHQ PRHW X KHW EHWUHIIHQGH SURILHO HHUVW DFWLYHUHQ =LH (HQ SURILHO VHOHFWHUHQ RS SDJLQD YRRU PHHU LQIRUPDWLH (HQ DFFHVVRLUH DDQ HHQ SURILHO WRHYRHJHQ *D QDDU , QVWHOOLQJHQ < ( 6 3URILHOHQ < ( 6 3URILHO EHZHUNHQ < ( 6 $FFHVVRLUHV < (6 8 ]LHW QX GH OLMVW PHW DFFHVVRLUHV GLH UHHGV DDQ KHW SURILHO ]LMQ JHNRSSHOG 6HOHFWHHU $FFHVV WRHY" HQ GUXN RS < ( 6 6HOHFWHHU HHQ DFFHVVRLUH HQ GUXN RS < ( 6 NRSSHOHQ $FFHVVRLUHV WRHYRHJHQ DDQ HHQ SURILHO 8 NXQW pp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p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s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sLQGLJHQ 'UXN RS < ( 6 2S KHW GLVSOD\ YHUVFKLMQW 6SUDDNPHPR RSJHVODJHQ 7LS X NXQW GH RSQDPH RI KHW EHOXLVWHUHQ YDQ YRLFHPHPR V DFWLYHUHQ PHW HHQ VSUDDNRSGUDFKW =LH 9RLFHPHPR V RSQHPHQ RS SDJLQD YRRU PHHU LQIRUPDWLH 'H RSQDPH VWRSW DXWRPDWLVFK ZDQQHHU X JHEHOG ZRUGW RI YRRU RSQDPH YDQ JHVSUHNNHQ ZDQQHHU KHW JHVSUHN WHQ HLQGH LV 7ZHH VHFRQGHQ YRRUGDW KHW VSUDDNJHKHXJHQ YRO LV KRRUW X HHQ WRRQ :LH ZRUGW HU WLMGHQV HHQ JHVSUHN RSJHQRPHQ" $OV HHQ JHVSUHN DO JDDQGH LV ZDQQHHU X HHQ YRLFHPHPR VWDUW ZRUGW DXWRPDWLVFK GH JHVSUHNVSDUWQHU RSJHQRPHQ 8 NXQW NLH]HQ RI X X]HOI ZLOW RSQHPHQ RI GHJHQH PHW ZLH X WLMGHQV HHQ JHVSUHN VSUHHNW 6HOHFWHUHQ ZLH ZRUGW RSJHQRPHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 7LMGHQV JHVSUHN < ( 6 6HOHFWHHU =HOI RSQHPHQ RI $QGHU RSQ HQ GUXN RS < ( 6 2SPHUNLQJ LQ HHQ DDQWDO ODQGHQ LV KHW ZHWWHOLMN YHUSOLFKW GH JHVSUHNVSDUWQHU LQ WH OLFKWHQ GDW X HHQ RSQDPH YDQ KHP RI KDDU PDDNW 'H IXQFWLH 9RLFHPHPR /XLVWHUHQ QDDU YRLFHPHPR V (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 9RLFHPHPR V EHOXLVWHUHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 0HPROLMVW < ( 6 *D QDDU GH YRLFHPHPR GLH X ZLOW EHOXLVWHUHQ 'UXN RS < ( 6 RP DI WH VSHOHQ *D DOV YROJW WH ZHUN 8 ZLOW SDX]HUHQ 'UXN RS <( 6 'UXN QRJPDDOV RS < ( 6 DOV X RSQLHXZ ZLOW DIVSHOHQ 8 ZLOW QDDU GH YROJHQGH RI YRULJH YRLFHPHPR JDDQ 'UXN UHVSHFWLHYHOLMN RS RI 8 ZLOW YRRUXLW VSRHOHQ RI WHUXJVSRHOHQ 'UXN UHVSHFWLHYHOLMN RI RS 'UXN RS 1 2 DOV X ZLOW VWRSSHQ 8 NXQW XZ YRLFHPHPR V RS HON JHZHQVW PRPHQW EHOXLVWHUHQ EHKDOYH WLMGHQV HHQ JHVSUHN 7LS JD QDDU GH JHKHXJHQLQGLFDWLHEDON ERYHQ LQ GH PHPROLMVW HQ GUXN RS <( 6 DOV X ZLOW ]LHQ KRHYHHO VHFRQGHQ X RYHU KHEW YRRU RSQDPH 9RLFHPHPR V EHZHUNHQ (HQ YRLFHPHPR ZLVVHQ RI HHQ QLHXZH QDDP JHYHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 0HPROLMVW < ( 6 *D QDDU GH YRLFHPHPR GLH X ZLOW ZLVVHQ RI HHQ QLHXZH QDDP ZLOW JHYHQ 'UXN RS < ( 6 RP DI WH VSHOHQ HQ GUXN QRJPDDOV RS < ( 6 RP HHQ NHX]HOLMVW WH RSHQHQ 6HOHFWHHU :LVVHQ RI 1DDP ZLM]LJHQ HQ GUXN RS < ( 6 $OOH YRLFHPHPR V ZLVVHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 $OOHV ZLVVHQ < ( 6 'H RSQDPHNZDOLWHLW , Q VWDQGE\PRGXV NXQW X YRLFHPHPR V RS WZHH PDQLHUHQ RSQHPHQ 8 NXQW VHFRQGHQ JHOXLG YDQ ]HHU JRHGH NZDOLWHLW RSQHPHQ RI VHFRQGHQ JHOXLG YDQ HHQ QRUPDOH NZDOLWHLW 'H RSQDPHNZDOLWHLW LQVWHOOHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 . ZDO LQVWHOOHQ < ( 6 6HOHFWHHU HHQ RSQDPHNZDOLWHLW HQ GUXN RS < ( 6 'H IXQFWLH 9RLFHPHPR , QVWHOOLQJHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 'H ZHHUJDYH YDQ GH YRLFHPHPR V LQVWHOOHQ *D QDDU ([WUD IXQFWLHV < ( 6 9RLFHPHPR < ( 6 %HHOG LQVWHOOHQ < ( 6 *D QDDU 'DWXP HQ GUXN RS DOV X GH]H LQIRUPDWLH QLHW ZLOW ZHHUJHYHQ +HW YDNMH ZRUGW JHGHVHOHFWHHUG 'UXN QRJPDDOV RS DOV X GH LQIRUPDWLH ZHO ZLOW ZHHUJHYHQ +HW YDNMH ZRUGW RSQLHXZ JHVHOHFWHHUG +HUKDDO GH SURFHGXUH YRRU 7LMG HQ /HQJWH 'UXN RS < ( 6 'H IXQFWLH 9RLFHPHPR 8 NXQW GDWXP WLMG RI OHQJWH YDQ GH YRLFHPHPR ZHHUJHYHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% %HOOHUV NXQQHQ HHQ EHULFKW LQVSUHNHQ ELM GH DQWZRRUGVHUYLFH YDQ XZ QHWZHUN ZDQQHHU X GH WHOHIRRQ QLHW RSQHHPW 6RPPLJH RSHUDWRUV OLFKWHQ X KLHURYHU LQ GRRU HHQ VSHFLILHNH 9RLFHPDLOLQGLFDWLH WH YHU]HQGHQ $OV GLW KHW JHYDO LV ]LHW X RS KHW GLVSOD\ HHQ YRLFHPDLOSLFWRJUDP VWDDQ 'H PHHVWH RSHUDWRUV OLFKWHQ X HFKWHU LQ GRRU HHQ WHNVWEHULFKW WH YHU]HQGHQ PHW KHW YHU]RHN XZ 9RLFHPDLOVHUYLFH WH EHOOHQ 9RLFHPDLOVHUYLFH 8Z YRLFHPDLO EHOOHQ 8 NXQW KHW QXPPHU YDQ XZ YRLFHPDLOVHUYLFH RSVODDQ ]RGDW X GH VHUYLFH NXQW EHOOHQ GRRU RS WH GUXNNHQ HQ GH]H WRHWV LQJHGUXNW WH KRXGHQ +HW YRLFHPDLOQXPPHU RSVODDQ *D QDDU %HULFKWHQ < ( 6 2SWLHV < ( 6 9RLFHPDLOQU < ( 6 9RHU XZ YRLFHPDLOQXPPHU LQ HQ GUXN RS < ( 6 2SPHUNLQJ XZ YRLFHPDLOVHUYLFH NDQ HHQ DQGHU QXPPHU KHEEHQ DOV X YDQDI HHQ DQGHU QHWZHUN EHOW GDQ XZ HLJHQ QHWZHUN :DQQHHU X HHQ YRLFHPDLO RQWYDQJW NOLQNW HU HHQ JHOXLGVVLJQDDO HQ YHUVFKLMQW KHW EHULFKW 1ZH YRLFHPDLO RS KHW GLVSOD\ DOOHHQ DOV X GH VSHFLILHNH YRLFHPDLODDQGXLGLQJ RQWYDQJW $OV X GH YRLFHPDLO PHWHHQ ZLOW FRQWUROHUHQ GUXNW X RS < ( 6 RP XZ YRLFHPDLOVHUYLFH WH EHOOHQ $OV X RS 1 2 GUXNW NXQW X XZ YRLFHPDLOVHUYLFH ODWHU EHOOHQ RP QDDU GH RSJHQRPHQ EHULFKWHQ WH OXLVWHUHQ 'H YRLFHPDLOVHUYLFH EHOOHQ 'UXN YDQXLW VWDQGE\PRGXV RS HQ KRXG GH]H WRHWV LQJHGUXNW RI *D QDDU %HULFKWHQ < ( 6 9RLFHPDLO EHOOHQ < ( 6 9RLFHPDLOVHUYLFH :DDUVFKXZLQJ ELM EHULFKW (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% +HW ZDDUVFKXZLQJVVLJQDDO ELM EHULFKWHQ ZLM]LJHQ *D QDDU %HULFKWHQ < ( 6 2SWLHV < ( 6 606 < ( 6 %HULFKWVLJQDDO < ( 6 6HOHFWHHU HHQ VLJQDDO HQ GUXN RS < ( 6 9RLFHPDLOVHUYLFH 8 NXQW KHW VLJQDDO ZDDUPHH X RS GH KRRJWH ZRUGW JHVWHOG YDQ HHQ QLHXZ EHULFKW ZLM]LJHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 0HW GH VHUYLFH 'RRUVFKDNHOHQ NXQW X LQNRPHQGH JHVSUHNNHQ GRRUVFKDNHOHQ QDDU HHQ DQGHU QXPPHU ZDQQHHU X QLHW NXQW RSQHPHQ 9RRU JHVSUHNNHQ NXQW X NLH]HQ WXVVHQ GH YROJHQGH GRRUVFKDNHOPRJHOLMNKHGHQ $OOH VSUDDNRSGU KLHUPHH ZRUGHQ DOOH JHVSUHNNHQ GRRUJHVFKDNHOG , QGLHQ EH]HW KLHUPHH ZRUGHQ JHVSUHNNHQ GRRUJHVFKDNHOG DOV X LQ JHVSUHN EHQW *HHQ DQWZRRUG KLHUPHH ZRUGHQ JHVSUHNNHQ GRRUJHVFKDNHOG GLH X GH]H QLHW ELQQHQ HHQ JHVWHOGH WLMGVOLPLHW EHDQWZRRUGW 1LHW EHUHLNEDDU KLHUPHH ZRUGHQ JHVSUHNNHQ GRRUJHVFKDNHOG DOV GH WHOHIRRQ XLW VWDDW RI DOV X QLHW EHUHLNEDDU EHQW $OV X HHQ DERQQHPHQW QHHPW RS GH VHUYLFH 7ZHH OLMQHQ NXQW X YHUVFKLOOHQGH GRRUVFKDNHOQXPPHUV YRRU GH WZHH VSUDDNOLMQHQ OLMQ HQ OLMQ LQVWHOOHQ , Q GDW JHYDO EHVFKLNW X RYHU WZHH GRRUVFKDNHORSWLHV LQ KHW PHQX $OOH JVSU OLMQ HQ $OOH JVSU OLMQ LQ SODDWV YDQ $OOH VSUDDNRSU 'RRUVFKDNHOHQ 7LS DOV X GH WHOHIRRQ LQ HHQ (ULFVVRQEXUHDXODGHU SODDWVW NXQQHQ JHVSUHNNHQ DXWRPDWLVFK ZRUGHQ GRRUJHVFKDNHOG 'H IXQFWLH YRRU JHVSUHNVGRRUVFKDNHOLQJ DFWLYHUHQ 'H IXQFWLH 'RRUVFKDNHOHQ DFWLYHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 'RRUVFKDNHOHQ < ( 6 6HOHFWHHU HHQ JHVSUHNVW\SH HQ GUXN RS < ( 6 6HOHFWHHU HHQ GRRUVFKDNHORSWLH HQ GUXN RS < ( 6 6HOHFWHHU $FWLYHUHQ HQ GUXN RS < ( 6 9RHU KHW WHOHIRRQQXPPHU LQ LQFOXVLHI KHW QHWQXPPHU ZDDUQDDU X GH JHVSUHNNHQ ZLOW GRRUVFKDNHOHQ HQ GUXN YHUYROJHQV RS < ( 6 2SPHUNLQJ ZDQQHHU GH IXQFWLH *HVSU EHSHUNHQ DFWLHI LV NDQ HHQ DDQWDO GRRUVFKDNHORSWLHV QLHW ZRUGHQ JHNR]HQ 'RRUVFKDNHOHQ 'RRUVFKDNHOHQ YDQ JHVSUHNNHQ DQQXOHUHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 'H GRRUVFKDNHOVWDWXV FRQWUROHUHQ 'H VWDWXV YDQ GH GRRUVFKDNHOIXQFWLH FRQWUROHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 'RRUVFKDNHOHQ < ( 6 6HOHFWHHU HHQ JHVSUHNVW\SH HQ GUXN RS < ( 6 *D QDDU GH GRRUVFKDNHOLQJ GLH X ZLOW FRQWUROHUHQ HQ GUXN RS < ( 6 6HOHFWHHU 6WDWXV RSKDOHQ HQ GUXN RS < ( 6 'H VWDWXV YDQ DOOH JHVSUHNVGRRUVFKDNHOLQJHQ FRQWUROHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 'RRUVFKDNHOHQ < ( 6 &RQWUROHHU DOOHV < ( 6 'RRUVFKDNHOHQ 'RRUVFKDNHOHQ DQQXOHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 'RRUVFKDNHOHQ < ( 6 6HOHFWHHU HHQ JHVSUHNVW\SH HQ GUXN RS < ( 6 *D QDDU GH GRRUVFKDNHOLQJ GLH X ZLOW DQQXOHUHQ HQ GUXN RS < ( 6 6HOHFWHHU $QQXOHUHQ HQ GUXN RS < ( 6 (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 8 NXQW PHHUGHUH JHVSUHNNHQ WHJHOLMNHUWLMG DIKDQGHOHQ 8 NXQW GHJHQH GLH X ]HOI JHEHOG KHEW LQ GH ZDFKWVWDQG ]HWWHQ WHUZLMO X ]HOI LHPDQG DQGHUV EHOW RI HHQ WZHHGH JHVSUHN DDQQHHPW 9HUYROJHQV NXQW X WXVVHQ GH WZHH JHVSUHNNHQ KHHQ HQ ZHHU VFKDNHOHQ 8 NXQW RRN HHQ &RQIHUHQWLHJHVSUHN EHOHJJHQ ZDDUELM X PHW YLHU DQGHUHQ WHJHOLMN NXQW SUDWHQ 0HHU GDQ ppQ JHVSUHN WHJHOLMNHUWLMG 2SPHUNLQJ DO QDDU JHODQJ HU RS GDW PRPHQW ZHO RI QLHW HHQ JHVSUHN ZRUGW JHYRHUG ZRUGW KHW PHQX *HVSUHNVLQIR RI KHW PHQX *HVSUHN ZHHUJHJHYHQ 'H IXQFWLH *HVSUHN LQ ZDFKW 2P WLMGHQV HHQ JHVSUHN HHQ WZHHGH JHVSUHN WH NXQQHQ DDQQHPHQ PRHW X GH IXQFWLH *HVSU LQ ZDFKW DFWLYHUHQ 2SPHUNLQJ DOV X EH]LJ EHQW PHW HHQ ID[ RI GDWDRSURHS ZRUGHQ DOOH LQNRPHQGH JHVSUHNNHQ JHZHLJHUG 'H IXQFWLH *HVSUHN LQ ZDFKW LQVFKDNHOHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 *HVSU LQ ZDFKW < ( 6 $FWLYHUHQ <( 6 +HW NDQ HYHQ GXUHQ YRRUGDW KHW QHWZHUN UHDJHHUW 'H IXQFWLH *HVSUHN LQ ZDFKW DQQXOHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 *HVSU LQ ZDFKW < ( 6 $QQXOHUHQ < ( 6 &RQWUROHUHQ RI GH IXQFWLH *HVSUHN LQ ZDFKW LV LQJHVFKDNHOG *D QDDU , QVWHOOLQJHQ < ( 6 *HVSUHNVRSWLHV < ( 6 *HVSU LQ ZDFKW < ( 6 6WDWXV RSKDOHQ < ( 6 0HHU GDQ ppQ JHVSUHN WHJHOLMNHUWLMG (HQ WZHHGH JHVSUHN YRHUHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (HQ WZHHGH JHVSUHN YRHUHQ =HW KHW KXLGLJH JHVSUHN LQ GH ZDFKWVWDQG GRRU RS < ( 6 WH GUXNNHQ 7\S KHW QXPPHU GDW X ZLOW EHOOHQ HQ GUXN RS < ( 6 RI GUXN RS HQ KRXG GH]H WRHWV LQJHGUXNW RP KHW QXPPHU XLW KHW WHOHIRRQERHN RS WH KDOHQ 8 NXQW VOHFKWV ppQ JHVSUHN LQ GH ZDFKWVWDQG ]HWWHQ WHUZLMO X HHQ WZHHGH JHVSUHN JDDW YRHUHQ (HQ WZHHGH JHVSUHN RQWYDQJHQ $OV GH IXQFWLH *HVSU LQ ZDFKW LV LQJHVFKDNHOG KRRUW X ELM RQWYDQJVW YDQ HHQ WZHHGH JHVSUHN HHQ WRRQ GRRU GH WHOHIRRQOXLGVSUHNHU +HW QXPPHU RI GH QDDP YDQ GH EHOOHU ZRUGW QRUPDDO JHVSURNHQ ERYHQ DDQ KHW GLVSOD\ ZHHUJHJHYHQ VDPHQ PHW HHQ OLMVW YDQ NHX]HPRJHOLMNKHGHQ $QWZRRUGHQ %H]HW HQ 9ULMJ EHDQWZ $OV KHW LQNRPHQGH JHVSUHN HHQ EHSHUNW QXPPHU LV ]LHW X RS KHW GLVSOD\ 3ULYp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sLQGLJHQ HQ KHW ZDFKWHQGH JHVSUHN EHDQWZRRUGHQ 6HOHFWHHU 9ULMJ EHDQWZ HQ GUXN RS < ( 6 2PJDDQ PHW WZHH JHVSUHNNHQ WHJHOLMN :DQQHHU X ppQ DFWLHI JHVSUHN KHEW HQ ppQ LQ GH ZDFKWVWDQG NXQW X HHQ YDQ GH YROJHQGH GLQJHQ GRHQ +HHQ HQ ZHHU VFKDNHOHQ WXVVHQ GH WZHH JHVSUHNNHQ 'UXN RS < ( 6 0HHU GDQ ppQ JHVSUHN WHJHOLMNHUWLMG (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% %HLGH JHVSUHNNHQ EHsLQGLJHQ *D QDDU *HVSUHN < ( 6 $OOHV YULMJHYHQ < ( 6 'H WZHH JHVSUHNNHQ YHUELQGHQ *D QDDU *HVSUHN < ( 6 *HVSU GRRU]HWW < (6 'H WZHH JHVSUHNNHQ ]LMQ QX DDQ HONDDU JHNRSSHOG HQ XZ YHUELQGLQJ PHW EHLGH JHVSUHNNHQ ZRUGW YHUEURNHQ 1HHP FRQWDFW RS PHW XZ QHWZHUNRSHUDWRU YRRU PHHU LQIRUPDWLH RYHU GH NRVWHQ 'H WZHH JHVSUHNNHQ LQ HHQ FRQIHUHQWLHJHVSUHN WHOHIRQLVFKH YHUJDGHULQJ VDPHQYRHJHQ *D QDDU *HVSUHN < ( 6 *HVSU NRSSHOHQ < ( 6 =LH 7HOHIRQLVFKH YHUJDGHULQJHQ KLHURQGHU +HW DFWLHYH JHVSUHN EHsLQGLJHQ HQ WHUXJNHUHQ QDDU KHW JHVSUHN LQ GH ZDFKWVWDQG 'UXN RS 1 2 'H YUDDJ *HVSU RSYUJQ" ZRUGW RS KHW GLVSOD\ ZHHUJHJHYHQ 'UXN RS < ( 6 $OV X RS 1 2 GUXNW ZRUGW RRN KHW JHVSUHN LQ GH ZDFKWVWDQG EHsLQGLJG (HQ GHUGH LQNRPHQG JHVSUHN $OV GH IXQFWLH *HVSUHN LQ ZDFKW DFWLHI LV NXQW X HHQ GHUGH JHVSUHN RQWYDQJHQ WHUZLMO ppQ JHVSUHN DFWLHI LV HQ ppQ LQ GH ZDFKWVWDQG VWDDW 9DQDI GDW PRPHQW NXQW X HFKWHU JHHQ JHVSUHNNHQ PHHU DDQQHPHQ ]RQGHU HHQ JHVSUHN WH EHsLQGLJHQ WHQ]LM X HU HHQ FRQIHUHQWLHJHVSUHN YDQ PDDNW 8 KRRUW HHQ WRRQ LQ GH OXLGVSUHNHU HQ X ]LHW %H]HW HQ 9ULMJ EHDQWZ RS KHW GLVSOD\ VWDDQ +HW KXLGLJH JHVSUHN EHsLQGLJHQ HQ KHW ZDFKWHQGH JHVSUHN EHDQWZRRUGHQ 6HOHFWHHU 9ULMJ EHDQWZ HQ GUXN RS < ( 6 +HW ZDFKWHQGH JHVSUHN ZRUGW DFWLHI HQ KHW DQGHUH JHVSUHN EOLMIW LQ GH ZDFKWVWDQG +HW ZDFKWHQGH JHVSUHN ZHLJHUHQ 6HOHFWHHU %H]HW HQ GUXN RS < ( 6 'H EHOOHU KRRUW QX HHQ EH]HWWRRQ +HW GHUGH JHVSUHN ZRUGW JHZHLJHUG 0HHU GDQ ppQ JHVSUHN WHJHOLMNHUWLMG (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% , Q HHQ FRQIHUHQWLHJHVSUHN NXQW X PHW PD[LPDDO YLHU DQGHUHQ SHUVRQHQ WHJHOLMN SUDWHQ (HQ FRQIHUHQWLHJHVSUHN EHOHJJHQ $OV X HHQ FRQIHUHQWLHJHVSUHN ZLOW EHOHJJHQ PRHW X ppQ DFWLHI JHVSUHN KHEEHQ HQ ppQ JHVSUHN GDW LQ GH ZDFKWVWDQG VWDDW 'H WZHH JHVSUHNNHQ LQ HHQ FRQIHUHQWLHJHVSUHN VDPHQYRHJHQ *D QDDU *HVSUHN < ( 6 *HVSU NRSSHOHQ < ( 6 1LHXZH GHHOQHPHUV WRHYRHJHQ 8 NXQW GH GHHOQHPHUV DDQ KHW FRQIHUHQWLHJHVSUHN LQ GH ZDFKWVWDQG ]HWWHQ HQ YHUYROJHQV QLHXZH GHHOQHPHUV WRHYRHJHQ (HQ QLHXZH GHHOQHPHU WRHYRHJHQ 'UXN RS < ( 6 RP KHW FRQIHUHQWLHJHVSUHN LQ GH ZDFKWVWDQG WH ]HWWHQ %HO GH YROJHQGH SHUVRRQ GLH X DDQ KHW FRQIHUHQWLHJHVSUHN ZLOW ODWHQ GHHOQHPHQ *D QDDU *HVSUHN < ( 6 *HVSU NRSSHOHQ < ( 6 'H GHHOQHPHUV DDQ KHW FRQIHUHQWLHJHVSUHN EHNLMNHQ *D QDDU *HVSUHN < ( 6 'HHOQPUV FRQI < ( 6 +HW WHOHIRRQQXPPHU YDQ GH HHUVWH GHHOQHPHU ZRUGW ZHHUJHJHYHQ DOV GLW EHVFKLNEDDU LV $QGHUV ]LHW X RS KHW GLVSOD\ GH YROJQXPPHUV YDQ GH GHHOQHPHUV VWDDQ HQ]RYRRUW RP GH DQGHUH GHHOQHPHUV WH EHNLMNHQ 'UXN RS (HQ SULYpJHVSUHN YRHUHQ 8 NXQW PHW HHQ YDQ GH GHHOQHPHUV HHQ SULYpJHVSUHN YRHUHQ HQ GH DQGHUH GHHOQHPHUV LQ GH ZDFKWVWDQG ]HWWHQ (HQ GHHOQHPHU DSDUW QHPHQ *D QDDU *HVSUHN < ( 6 $SDUW < ( 6 6HOHFWHHU GH GHHOQHPHU HQ GUXN RS < ( 6 8 NXQW QX PHW HHQ YDQ GH GHHOQHPHUV HHQ SULYpJHVSUHN YRHUHQ 'H GHHOQHPHU RSQLHXZ DDQ GH WHOHIRQLVFKH YHUJDGHULQJ WRHYRHJHQ *D QDDU *HVSUHN < ( 6 *HVSU NRSSHOHQ < ( 6 0HHU GDQ pp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sLQGLJHQ HQ WHUXJNHUHQ QDDU GH WHOHIRQLVFKH YHUJDGHULQJ 'UXN RS 1 2 HQ YHUYROJHQV RS < ( 6 'H WHOHIRQLVFKH YHUJDGHULQJ EHsLQGLJHQ 'UXN RS 1 2 0HHU GDQ pp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p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p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pQ OLMQ EORNNHUHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (HQ WHOHIRRQOLMQ EORNNHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 %ORNNHULQJHQ < ( 6 6HOHFWHHU GH WHOHIRRQOLMQ GLH X ZLOW EORNNHUHQ /LMQ EORNNHUHQ RI /LMQ EORNNHUHQ 'UXN RS < ( 6 9RHU XZ 3, 1FRGH LQ HQ GUXN RS < ( 6 (HQ WHOHIRRQOLMQ GHEORNNHUHQ *D QDDU , QVWHOOLQJHQ < ( 6 %ORNNHULQJHQ < ( 6 6HOHFWHHU GH WHOHIRRQOLMQ GLH X ZLOW GHEORNNHUHQ /LMQ GHEORNN RI /LMQ GHEORNN 'UXN RS < ( 6 9RHU XZ 3, 1FRGH LQ HQ GUXN RS < ( 6 7ZHH OLMQHQ YRRU VSUDDN JHEUXLNHQ 8 NXQW HHQ YDQ GH OLMQHQ EORNNHUHQ ]RGDW GH]H DOOHHQ NDQ ZRUGHQ JHEUXLNW DOV X GH 3, 1FRGH LQYRHUW (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :DQQHHU X LQWHUQDWLRQDDO RI LQWHUORNDDO EHOW NXQW X HHQ WHOHIRRQNDDUW JHEUXLNHQ RP GH NRVWHQ GRRU WH EHUHNHQHQ QDDU HHQ FUHGLWFDUG UHNHQLQJ LQ SODDWV YDQ QDDU XZ QRUPDOH UHNHQLQJ *HVSUHNNHQ PHW WHOHIRRQNDDUWHQ 2SPHUNLQJ X NXQW JHHQ WHOHIRRQNDDUW JHEUXLNHQ YRRU ID[ RI GDWDRSURHSHQ 7HOHIRRQNDDUWHQ 8 NXQW DOOHHQ PHW HHQ WHOHIRRQNDDUW RI HHQ FUHGLWFDUG EHOOHQ DOV GH VHUYLFH YRRU WHOHIRRQNDDUWHQ LV JHDFWLYHHUG 'H WHOHIRRQNDDUWVHUYLFH LQVFKDNHOHQ *D QDDU 7HOHIRRQERHN < ( 6 2SWLHV < ( 6 7HONDDUWHQ LQVW < ( 6 9RHU GH WHOHIRRQEORNNHULQJVFRGH LQ HQ GUXN RS < ( 6 6HOHFWHHU $DQ HQ GUXN RS < ( 6 'H WHOHIRRQNDDUWVHUYLFH LV QX DFWLHI HQ KHW VXEPHQX 7HOHIRRQNDDUWHQ LV EHVFKLNEDDU LQ KHW PHQX 7HOHIRRQERHN 7HOHIRRQNDDUWQXPPHUV RSVODDQ 8 NXQW LQ GH WHOHIRRQ WZHH DI]RQGHUOLMNH NDDUWQXPPHUV RSVODDQ (HQ NDDUWQXPPHU RSVODDQ *D QDDU 7HOHIRRQERHN < ( 6 7HOHIRRQNDDUWHQ < ( 6 9RHU GH WHOHIRRQEORNNHULQJVFRGH LQ HQ GUXN RS < ( 6 6HOHFWHHU 1LHXZ WRHY" HQ GUXN RS < ( 6 9RHU KHW WRHJDQJVQXPPHU YDQ GH WHOHIRRQNDDUWVHUYHU LQ HQ GUXN RS <( 6 9RHU HHQ QDDP YRRU GH WHOHIRRQNDDUWVHUYHU LQ HQ GUXN RS < ( 6 9RHU GH YHULILFDWLHFRGH YDQ GH WHOHIRRQNDDUWVHUYHU LQ HQ GUXN RS <( 6 6HOHFWHHU RI X HHUVW KHW WH EHOOHQ QXPPHU ZLOW YHU]HQGHQ RI HHUVW GH YHULILFDWLHFRGH HQ GUXN RS < ( 6 RP GH]H NHX]H WH EHYHVWLJHQ XLWJHJHYHQ 2SPHUNLQJ YHULILFDWLHFRGHV ZRUGHQ GRRU GH QHWZHUNRSHUDWRU *HVSUHNNHQ PHW WHOHIRRQNDDUWHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (HQ NDDUWQXPPHU EHZHUNHQ *D QDDU 7HOHIRRQERHN < ( 6 7HOHIRRQNDDUWHQ < ( 6 *D QDDU KHW WHOHIRRQNDDUWQXPPHU GDW X ZLOW EHZHUNHQ HQ GUXN RS <( 6 6HOHFWHHU %HZHUNHQ HQ EHZHUN KHW NDDUWQXPPHU 'UXN RS < ( 6 RP KHW QLHXZH QXPPHU WH EHYHVWLJHQ (HQ WHOHIRRQNDDUWQXPPHU YHUZLMGHUHQ *D QDDU 7HOHIRRQERHN < ( 6 7HOHIRRQNDDUWHQ < ( 6 *D QDDU KHW WHOHIRRQNDDUWQXPPHU GDW X ZLOW YHUZLMGHUHQ HQ GUXN RS 'UXN RS < ( 6 (HQ NDDUW NLH]HQ $OV X WZHH NDDUWQXPPHUV KHEW RSJHVODJHQ PRHW X YRRUGDW X PHW HHQ WHOHIRRQNDDUW HHQ QXPPHU JDDW EHOOHQ NLH]HQ ZHONH NDDUW X ZLOW JHEUXLNHQ (HQ NDDUW VHOHFWHUHQ *D QDDU 7HOHIRRQERHN < ( 6 7HOHIRRQNDDUWHQ < ( 6 9RHU GH WHOHIRRQEORNNHULQJVFRGH LQ HQ GUXN RS < ( 6 6HOHFWHHU GH NDDUW GLH X ZLOW JHEUXLNHQ HQ GUXN RS < ( 6 6HOHFWHHU $FWLYHHU NDDUW HQ GUXN RS < ( 6 %HOOHQ PHW GH WHOHIRRQNDDUW 9RHU KHW WHOHIRRQQXPPHU GDW X ZLOW EHOOHQ LQ RI KDDO GLW RS XLW KHW WHOHIRRQERHN GRRU RS WH GUXNNHQ HQ GH WRHWV LQJHGUXNW WH KRXGHQ 'UXN RS < ( 6 HQ KRXG GH WRHWV LQJHGUXNW +HW WRHJDQJVQXPPHU YDQ GH WHOHIRRQNDDUWVHUYHU ZRUGW JHNR]HQ 7HUZLMO GH YHUELQGLQJ WRW VWDQG ZRUGW JHEUDFKW ZRUGW X JHYUDDJG RP KHW WHOHIRRQQXPPHU YDQ GHJHQH GLH X ZLOW EHOOHQ HQ GH YHULILFDWLHFRGH WH YHU]HQGHQ 'LW GRHW X LQ GH HHUGHU JHNR]HQ YROJRUGH ]LH KLHUERYHQ 'UXN RS < (6 ZDQQHHU X RS KHW GLVSOD\ =HQGHQ ]LHW VWDDQ RI ZDFKW HHQ SDDU VHFRQGHQ WRW KHW QXPPHU HQ GH FRGH DXWRPDWLVFK ZRUGHQ YHU]RQGHQ *HVSUHNNHQ PHW WHOHIRRQNDDUWHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 8 NULMJW WZHH VSHOOHWMHV ELM GH WHOHIRRQ 7HQQLV HQ (UL[ 6SHOOHWMHV 7HQQLV 8 NXQW 7HQQLV LQ XZ HHQWMH VSHOHQ RI WHJHQ GH JHEUXLNHU YDQ HHQ DQGHUH 7WHOHIRRQ YLD %OXHWRRWK GUDDGOR]H WHFKQRORJLH RI GH LQIUDURRGSRRUW 8 VSHHOW VHWV RS SDJLQD HQ , QIUDURRGSRRUW RS SDJLQD 7LS ]LH YRRU PHHU LQIRUPDWLH %OXHWRRWK GUDDGOR]H WHFKQRORJLH 7HQQLV VWDUWHQ *D QDDU ([WUD IXQFWLHV < ( 6 6SHOOHWMHV < ( 6 7HQQLV < ( 6 'UXN RS DOV X HHQ QLHXZ VSHO ZLOW VWDUWHQ 'UXN RS DOV X HHQ VSHO ZLOW KHUYDWWHQ HQ GUXN RS YRRU KXOS 'UXN RS DOV X PHW JHOXLGVHIIHFWHQ ZLOW VSHOHQ =R QLHW GUXN GDQ RS 6HOHFWHHU HHQ VSHHOZLM]H 6LQJOH 8Z WHJHQVSHOHU LV GH WHOHIRRQ 6HOHFWHHU HHQ PRHLOLMNKHLGVJUDDG GRRU RS RI WH GUXNNHQ 'UXN RS HQ EHJLQ PHW VSHOHQ 7ZR RQH SKRQH 8 VSHHOW WHJHQ LHPDQG DQGHUV RS GH]HOIGH WHOHIRRQ 'UXN RS HQ EHJLQ PHW VSHOHQ 7ZR WZR SKRQHV 8 VSHHOW WHJHQ LHPDQG DQGHUV GLH RS GH HLJHQ WHOHIRRQ VSHHOW YLD %OXHWRRWK GUDDGOR]H WHFKQRORJLH RI YLD GH LQIUDURRGSRRUW 'UXN RS $OV X 7ZR WZR SKRQHV VHOHFWHHUW JDDW X DOV YROJW YHUGHU 6HOHFWHHU HHQ YHU]HQGPHWKRGH GRRU RS LQIUDURRGSRRUW RI %OXHWRRWK WH GUXNNHQ *HHI RS RI X HHQ VSHO ZLOW VWDUWHQ RI GDW X LQ HHQ VSHO ZLOW LQVWDSSHQ , QYLWH RWKHUV GH WHOHIRRQ ]RHNW QDDU DQGHUH VSHOHUV GLH $FFHSW RWKHUV KHEEHQ JHVHOHFWHHUG ]LH YHUGHURS GUXN RS :DQQHHU HHQ VSHOHU ZRUGW JHYRQGHQ EHJLQW KHW VSHO DXWRPDWLVFK $FFHSW RWKHUV 8Z WHOHIRRQ ZDFKW WRWGDW GH]H ZRUGW JHYRQGHQ GRRU HHQ DQGHUH VSHOHU GLH , QYLWH RWKHUV KHHIW JHVHOHFWHHUG RP HHQ VSHO WH VWDUWHQ GUXN RS $OV GH WHOHIRRQV HONDDU JHYRQGHQ KHEEHQ NDQ KHW VSHO EHJLQQHQ 6SHOOHWMHV (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% $OV WZHH SHUVRQHQ RS GH]HOIGH WHOHIRRQ VSHOHQ YHUSODDWVW GH WHQQLVVHU DDQ GH UHFKWHU]LMGH GH VSHOHU DOV YROJW RPKRRJ RI RPODDJ 6SHOKDQGHOLQJHQ YRRU WHQQLV 8 EHQW GH WHQQLVVHU DDQ GH OLQNHU]LMGH RI WHQQLVVHU RPKRRJ RI WHQQLVVHU RPODDJ (UL[ 'H EHGRHOLQJ YDQ (UL[ LV RP KHW GLVSOD\ WH YXOOHQ 8 WHNHQW HHQ OLMQ HQ ZDQQHHU GH OLMQ DDQ EHLGH NDQWHQ LV YHUERQGHQ ZRUGW KHW GHVEHWUHIIHQGH JHELHG JHYXOG :DQQHHU X RQJHYHHU YDQ KHW GLVSOD\ KHEW JHYXOG JDDW X QDDU KHW YROJHQGH QLYHDX $OV X RI GH OLMQ GRRU GH EDO ZRUGW JHUDDNW YHUOLHVW X HHQ OHYHQ (UL[ VWDUWHQ *D QDDU ([WUD IXQFWLHV < ( 6 6SHOOHWMHV < ( 6 (UL[ < (6 'UXN RS < ( 6 RP KHW VSHO WH VWDUWHQ 6HOHFWHHU HHQ PRHLOLMNKHLGVJUDDG RI KHUYDW KHW VSHO GRRU RS WH GUXNNHQ , Q SODDWV YDQ 6WDUW WH VHOHFWHUHQ NXQW X RRN +HOS RI +LJKVFRUHV VHOHFWHUHQ ELM VWDS QDDU OLQNV QDDU UHFKWV 6SHOKDQGHOLQJHQ YRRU (UL[ RPKRRJ RPODDJ 6SHOOHWMHV (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :HNNHU 'H WHOHIRRQ KHHIW HHQ ZHNNHU GLH NDQ ZRUGHQ LQJHVWHOG RP RS HHQ EHSDDOG WLMGVWLS ELQQHQ YLHUHQWZLQWLJ XXU DI WH JDDQ 8 NXQW GH ZHNNHU ERYHQGLHQ ]R LQVWHOOHQ GDW KLM HHQ DDQWDO GDJHQ RS HHQ EHSDDOG PRPHQW DIJDDW 'H ZHNNHU NDQ ELMYRRUEHHOG RS PDDQGDJ ZRHQVGDJ HQ YULMGDJ RP XXU V RFKWHQGV HHQ VLJQDDO JHYHQ %HLGH LQVWHOOLQJHQ NXQQHQ WHJHOLMNHUWLMG ]LMQ JHGHILQLHHUG 2RN ZDQQHHU X GH WHOHIRRQ RS 6WLO KHEW JH]HW KRRUW X GH ZHNNHU HQ GH WLPHUVLJQDOHQ (HQ ZHNWLMG LQVWHOOHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 :HNNHU < ( 6 9RHU GH WLMG LQ 'UXN RS < ( 6 RP GH LQVWHOOLQJ RS WH VODDQ 'H WLMG YDQ HHQ ZHNIXQFWLH ZLM]LJHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 :HNNHU < ( 6 1LHXZH WLMG < ( 6 9RHU GH WLMG LQ HQ GUXN RS < ( 6 RP GH LQVWHOOLQJ WH EHYHVWLJHQ +HW ZHNNHUVLJQDDO XLW]HWWHQ 'UXN RS HHQ ZLOOHNHXULJH WRHWV RP KHW ULQNHOHQGH VLJQDDO XLW WH ]HWWHQ $OV X KHW DODUPVLJQDDO QLHW ZLOW ODWHQ KHUKDOHQ GUXNW X RS < ( 6 (HQ ZHNWLMG DQQXOHUHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 :HNNHU < ( 6 6HOHFWHHU $QQXOHUHQ HQ GUXN RS < ( 6 (HQ VSHFLDOH ZHNWLMG LQVWHOOHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 +HUK ZHNNHU < ( 6 9RHU GH WLMG LQ HQ GUXN RS < ( 6 6HOHFWHHU GH GDJHQ ZDDURS X GH ZHNWLMG ZLOW LQVWHOOHQ GRRU RS WH GUXNNHQ HQ LQJHGUXNW WH KRXGHQ 'UXN RS < ( 6 RP KHW PHQX WH YHUODWHQ 8 NXQW GH GDJHQ EHNLMNHQ LQ KHW VXEPHQX +HUKDOLQJVUHJHO +XOSPLGGHOHQ +XOSPLGGHOHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% +HW ZHNNHUVLJQDDO XLW]HWWHQ 'UXN RS HHQ ZLOOHNHXULJH WRHWV RP KHW ULQNHOHQGH VLJQDDO XLW WH ]HWWHQ $OV X KHW DODUPVLJQDDO QLHW ZLOW ODWHQ KHUKDOHQ GUXNW X RS < ( 6 (HQ VSHFLDOH ZHNWLMG DQQXOHUHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 +HUK ZHNNHU < ( 6 6HOHFWHHU $QQXOHUHQ HQ GUXN RS < ( 6 :HNNHUVLJQDDO +HW ZHNNHUVLJQDDO ZLM]LJHQ *D QDDU , QVWHOOLQJHQ < ( 6 *HOXLG VLJQDDO < ( 6 :HNNHUVLJQDDO <( 6 6HOHFWHHU HHQ VLJQDDO HQ GUXN RS < ( 6 'H WLMG YRRU HHQ VSHFLDOH ZHNIXQFWLH ZLM]LJHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 :HNNHU < ( 6 +HUK ZHNNHU < ( 6 6HOHFWHHU 1LHXZH WLMG HQ GUXN RS < ( 6 9RHU GH QLHXZH WLMG YRRU GH VSHFLDOH ZHNIXQFWLH LQ HQ GUXN RS <( 6 'H VWRSZDWFK 'H WHOHIRRQ KHHIW HHQ LQJHERXZGH VWRSZDWFK 'H VWRSZDWFK VWDUWHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 6WRSZDWFK < ( 6 'UXN RS < ( 6 RP GH VWRSZDWFK WH VWDUWHQ 'UXN QRJPDDOV RS <( 6 RP GH VWRSZDWFK WH VWRSSHQ 'RRU RS WH GUXNNHQ ZDQQHHU GH VWRSZDWFK ORRSW NXQW X PD[LPDDO QHJHQ SUHVWDWLHWLMGHQ RSVODDQ 'UXN RS RI RP GH RSJHVODJHQ SUHVWDWLHWLMGHQ WH EHNLMNHQ 'H VWRSZDWFK UHVHWWHQ 'UXN RS ZDQQHHU GH VWRSZDWFK QLHW ORRSW 2SPHUNLQJ GH VWRSZDWFK ZRUGW XLWJH]HW ZDQQHHU X HHQ LQNRPHQG EHULFKW EHDQWZRRUGW RI ZDQQHHU X KHW VWRSZDWFKPHQX YHUODDW +XOSPLGGHOHQ 7LPHU (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 'H WLPHU LQVWHOOHQ *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 7LPHU < ( 6 9RHU GH XUHQ PLQXWHQ HQ VHFRQGHQ LQ HQ GUXN RS < ( 6 +HW DIWHOOHQ EHJLQW 'H WLPHU ZRUGW LQ VWDQGE\PRGXV ZHHUJHJHYHQ :DQQHHU KHW VLJQDDO NOLQNW GUXNW X RS HHQ ZLOOHNHXULJH WRHWV RP GH WLPHU XLW WH ]HWWHQ (HQ QLHXZH WLMG LQVWHOOHQ WHUZLMO GH WLPHU ORRSW *D QDDU ([WUD IXQFWLHV < ( 6 7LMG < ( 6 7LPHU < ( 6 1LHXZH WLMG < ( 6 9RHU GH WLMG LQ HQ GUXN RS < ( 6 +HW DIWHOOHQ EHJLQW 'H WLPHU ZRUGW LQ VWDQGE\PRGXV ZHHUJHJHYHQ :DQQHHU KHW VLJQDDO NOLQNW GUXNW X RS HHQ ZLOOHNHXULJH WRHWV RP GH WLPHU XLW WH ]HWWHQ 'H WHOHIRRQ KHHIW HHQ LQJHERXZGH XXUV WLPHU 5HNHQPDFKLQH 'H WHOHIRRQ KHHIW HHQ LQJHERXZGH UHNHQPDFKLQH ZDDUPHH X NXQW RSWHOOHQ DIWUHNNHQ GHOHQ HQ YHUPHQLJYXOGLJHQ 'UXN RS YRRU HHQ [ 'UXN RS RP KHW FLMIHU WH YHUZLMGHUHQ 'UXN RS DOV X HHQ GHFLPDDOWHNHQ ZLOW LQYRHUHQ 'H UHNHQPDFKLQH JHEUXLNHQ , Q GLW YRRUEHHOG ZRUGW GRRU JHGHHOG *D QDDU ([WUD IXQFWLHV < ( 6 5HNHQPDFKLQH < ( 6 7\S 'UXN KHUKDDOGHOLMN RS WRWGDW KHW GHHOWHNHQ RS KHW GLVSOD\ ZRUGW ZHHUJHJHYHQ 7\S 'UXN RS < ( 6 YRRU GH XLWNRPVW YDQ GH VRP 'UXN RS RP KHW GLVSOD\ WH ZLVVHQ +XOSPLGGHOHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 2Q OLQH GLHQVWHQ ]LMQ DDQJHSDVWH GLHQVWHQ GLH GRRU QHWZHUNRSHUDWRUV ZRUGHQ DDQJHERGHQ RQDIKDQNHOLMN YDQ PRELHOH WHOHIRRQV RI YDQ IDEULNDQWHQ YDQ PRELHOH WHOHIRRQV (HQ 6, 0NDDUW ZDDUPHH RQ OLQH GLHQVWHQ ZRUGHQ RQGHUVWHXQG ZHUNW QHW DOV HHQ QRUPDOH 6, 0NDDUW :DQQHHU X GH 6, 0NDDUW LQ GH WHOHIRRQ KHEW JHSODDWVW HQ GH WHOHIRRQ KHEW DDQJH]HW NDQ XZ QHWZHUNRSHUDWRU JHJHYHQV QDDU XZ 6, 0NDDUW GRZQORDGHQ 1DGDW GH HHUVWH JHJHYHQV ]LMQ JHGRZQORDG HQ X GH WHOHIRRQ RSQLHXZ KHEW JHVWDUW ZRUGW RS GH WHOHIRRQ HHQ QLHXZ PHQX DOV HHUVWH VXEPHQX ZHHUJHJHYHQ RQGHU ([WUD IXQFWLHVPHQX +HW QLHXZH PHQXV\VWHHP LQYRHUHQ *D QDDU ([WUD IXQFWLHV < ( 6 2Q OLQH GLHQVWHQ < ( 6 2Q OLQH GLHQVWHQ 2SPHUNLQJ GLW PHQX ZRUGW DOOHHQ ZHHUJHJHYHQ DOV GH]H GLHQVW GRRU GH 6, 0NDDUW ZRUGW RQGHUVWHXQG 1LHW DOOH RSHUDWRUV JHEUXLNHQ GH QDDP RQ OLQH GLHQVWHQ +HW NDQ ]LMQ GDW RS XZ WHOHIRRQ QLHW DOOH JHERGHQ GLHQVWHQ ZRUGHQ RQGHUVWHXQG 'H QHWZHUNRSHUDWRU NDQ RS LHGHU JHZHQVW PRPHQW QLHXZH JHJHYHQV QDDU XZ 6, 0NDDUW GRZQORDGHQ ELMYRRUEHHOG HHQ QLHXZH IXQFWLH +HW NDQ ]LMQ GDW X GDDURYHU HHQ EHULFKW RS KHW GLVSOD\ NULMJW 2Q OLQH GLHQVWHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :DQQHHU X RQGHUZHJ EHQW LV (ULFVVRQ 0RELOH , QWHUQHW KHW DQWZRRUG RS XZ FRPPXQLFDWLH HQ LQIRUPDWLHEHKRHIWH (ULFVVRQ 0RELOH , QWHUQHW LV HHQ GLHQVW YDQ (ULFVVRQ ZDDUPHH X JHPDNNHOLMNHU NXQW FRPPXQLFHUHQ HQ LQIRUPDWLH NXQW RSYUDJHQ ZDDU X RRN EHQW 0HW 0RELOH , QWHUQHW NULMJW X WRHJDQJ WRW GLYHUVH EHULFKWHQVHUYLFHV RQ OLQH NODQWHQGLHQVWHQ JHEUXLNHUVKDQGOHLGLQJHQ HQ RYHULJH QXWWLJH LQIRUPDWLH 8 NXQW EHSDDOGH :$3SURILHOHQ LQVWHOOHQ YDQDI GH SF RS KHW (ULFVVRQ 0RELOH , QWHUQHW 9HUGHU NXQW X FRPPXQLFDWLHVRIWZDUH GRZQORDGHQ ]RGDW X DOWLMG RSWLPDDO JHEUXLN NXQW PDNHQ YDQ XZ (ULFVVRQSURGXFWHQ 8 NULMJW WRHJDQJ WRW KHW (ULFVVRQ 0RELOH , QWHUQHW YLD GH :$3EURZVHU LQ GH WHOHIRRQ HQ YLD GH , QWHUQHWEURZVHU RS XZ FRPSXWHU +HW DGUHV YDQ (ULFVVRQ 0RELOH , QWHUQHW LV KWWSPRELOHLQWHUQHWHULFVVRQFRP (ULFVVRQ 0RELOH , QWHUQHW (ULFVVRQ 0RELOH , QWHUQHW (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% , Q GLW KRRIGVWXN NULMJW X HHQ NRUW RYHU]LFKW YDQ HHQ DDQWDO SUREOHPHQ GLH X ELM KHW JHEUXLN YDQ GH WHOHIRRQ NXQW WHJHQNRPHQ 9RRU VRPPLJH SUREOHPHQ LV KHW QRGLJ GDW X GH VHUYLFHSURYLGHU EHOW PDDU GH PHHVWH SUREOHPHQ NXQW X PRHLWHORRV ]HOI RSORVVHQ 3UREOHPHQ RSORVVHQ )RXWPHOGLQJHQ 3ODDWV NDDUW (U ]LW JHHQ 6, 0NDDUW LQ GH WHOHIRRQ RI X KHEW GH]H QLHW JRHG DDQJHEUDFKW 3ODDWV HHQ 6, 0NDDUW LQ GH WHOHIRRQ =LH 6, 0NDDUW RS SDJLQD 3ODDWV MXLVWH 6, 0NDDUW +HW NDQ ]LMQ GDW GH WHOHIRRQ GRRU GH QHWZHUNRSHUDWRU LV JHEORNNHHUG HQ DOOHHQ PHW HHQ EHSDDOGH 6, 0NDDUW ZHUNW 3ODDWV GH MXLVWH 6, 0NDDUW $OOHHQ QRRGRSURHSHQ 8 EHYLQGW ]LFK ELQQHQ EHUHLN YDQ HHQ QHWZHUN PDDU X PDJ GLW QHWZHUN QLHW JHEUXLNHQ , Q QRRGJHYDOOHQ NXQW X ELM HHQ DDQWDO RSHUDWRUV HFKWHU ZHO HHQ QRRGRSURHS GRHQ =LH $ODUPQXPPHUV EHOOHQ RS SDJLQD *HHQ QHWZHUN (U LV JHHQ QHWZHUN ELQQHQ EHUHLN RI KHW RQWYDQJHQ VLJQDDO LV WH ]ZDN 8 PRHW HUJHQV DQGHUV KHHQ RP HHQ VLJQDDO WH RQWYDQJHQ GDW VWHUN JHQRHJ LV 3, 1 LV RQMXLVW 3, 1 LV RQMXLVW 8 KHEW HHQ RQMXLVWH 3, 1 RI 3, 1FRGH LQJHYRHUG 9RHU GH MXLVWH 3, 1 RI 3, 1FRGH LQ HQ GUXN RS < ( 6 =LH 'H 6, 0NDDUW EORNNHUHQ RS SDJLQD &RGHV NRPHQ QLHW RYHUHHQ :DQQHHU X HHQ EHYHLOLJLQJVFRGH ZLOW ZLM]LJHQ ELMYRRUEHHOG XZ 3, 1FRGH PRHW X GH QLHXZH FRGH EHYHVWLJHQ GRRU GH]H QRJPDDOV LQ WH YRHUHQ $OV X GLW EHULFKW NULMJW NRPHQ GH WZHH FRGHV GLH X KHEW LQJHYRHUG QLHW RYHUHHQ =LH 'H 6, 0NDDUW EORNNHUHQ RS SDJLQD 3UREOHPHQ RSORVVHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 38. JHEORNN 1HHP FRQWDFW RS P RSHUDWRU 8 KHEW GH SHUVRRQOLMNH FRGH YRRU KHW RSKHIIHQ YDQ EORNNHULQJHQ 38. FRGH NHHU DFKWHU HONDDU YHUNHHUG LQJHYRHUG 1HHP FRQWDFW RS PHW XZ QHWZHUNRSHUDWRU 7HO JHEORNNUG 'H WHOHIRRQ LV JHEORNNHHUG =LH 'H WHOHIRRQ EORNNHUHQ RS SDJLQD YRRU KHW RSKHIIHQ YDQ GH WHOHIRRQEORNNHULQJ %ORNN FRGH 8Z WHOHIRRQ ZRUGW JHOHYHUG PHW GH VWDQGDDUGEHYHLOLJLQJVFRGH 8 NXQW GH]H FRGH YHUDQGHUHQ LQ HHQ SHUVRRQOLMNH FRGH YDQ GULH WRW DFKW FLMIHUV =LH 'H WHOHIRRQ EORNNHUHQ RS SDJLQD 1XPPHU QLHW WRHJHVWDDQ 'H IXQFWLH 9DVWH QXPPHUV LV DFWLHI HQ KHW QXPPHU GDW X KHEW JHNR]HQ NRPW QLHW YRRU LQ GH OLMVW PHW YDVWH QXPPHUV =LH 9DVWH QXPPHUV RS SDJLQD /DGHQ RQEHNHQGH EDWWHULM 'H EDWWHULM GLH X JHEUXLNW LV JHHQ GRRU (ULFVVRQ JRHGJHNHXUGH EDWWHULM HQ ZRUGW RP YHLOLJKHLGVUHGHQHQ YHLOLJ YHUWUDDJG RSJHODGHQ 3, 1 JHEORNNUG3, 1 JHEORNNUG 8 KHEW XZ 3, 1 RI 3, 1FRGH GULH NHHU DFKWHU HONDDU YHUNHHUG LQJHYRHUG =LH 'H 6, 0NDDUW EORNNHUHQ RS SDJLQD YRRU RSKHIILQJ YDQ GH EORNNHULQJ 2YHULJH SUREOHPHQ *HHQ DDQGXLGLQJ YDQ ODGHQ :DQQHHU X EHJLQW PHW KHW RSODGHQ YDQ HHQ EDWWHULM GLH YROOHGLJ OHHJ LV RI ODQJ QLHW LV JHEUXLNW NDQ KHW HHQ PD[LPDDO PLQXWHQ GXUHQ YRRUGDW KHW ODPSMH ERYHQ RS GH WHOHIRRQ URRG JDDW EUDQGHQ HQ GH EDWWHULMPHWHU YHUVFKLMQW *HHQ WRHJDQJ WRW EHSDDOGH IXQFWLH +HW NDQ DDQ XZ 6, 0NDDUW RI KHW QHWZHUN OLJJHQ GDW HHQ EHSDDOGH IXQFWLH RI GLHQVW YRRU X QLHW WRHJDQNHOLMN LV 1HHP FRQWDFW RS PHW GH QHWZHUNRSHUDWRU 3UREOHPHQ RSORVVHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 'H IXQFWLH 6QHONLH]HQ ZHUNW QLHW 'H FRQWDFWHQ ]LMQ QLHW RSJHVODJHQ RS GH 6, 0NDDUW =LH &RQWDFWHQ QDDU GH 6, 0NDDUW NRSLsUHQ RS SDJLQD YRRU PHHU LQIRUPDWLH RYHU KHW NRSLsUHQ YDQ GH FRQWDFWHQ QDDU GH 6, 0NDDUW , N KHE JHHQ WRHJDQJ WRW PLMQ FRQWDFWHQ 'H FRQWDFWHQ ]LMQ QLHW LQ GH WHOHIRRQ RSJHVODJHQ =LH &RQWDFWHQ QDDU GH WHOHIRRQ NRSLsUHQ RS SDJLQD YRRU PHHU LQIRUPDWLH RYHU KHW NRSLsUHQ YDQ GH FRQWDFWHQ QDDU GH WHOHIRRQ 3UREOHPHQ RSORVVHQ . DQ JHHQ JHVSUHNNHQ RQWYDQJHQ 8 KHEW LQNRPHQGH JHVSUHNNHQ PRJHOLMN QDDU HHQ DQGHU QXPPHU GRRUJHVFKDNHOG =LH 'RRUVFKDNHOHQ YDQ JHVSUHNNHQ DQQXOHUHQ RS SDJLQD YRRU PHHU LQIRUPDWLH RYHU KHW XLWVFKDNHOHQ YDQ GH VHUYLFH 'RRUVFKDNHOHQ 8 KHEW GH RSWLH )LOWHU LQN JHVSU PLVVFKLHQ LQJHVWHOG RS 1LHPDQG RI 9DQ OLMVW 6HOHFWHHU 9DQ DOOHQ =LH 'H DFFHSWDWLHRSWLHV LQVWHOOHQ RS SDJLQD YRRU PHHU LQIRUPDWLH 8 KHEW PRJHOLMN )D[ RI 'DWD JHVHOHFWHHUG DOV KHW YROJHQGH LQNRPHQGH JHVSUHN 6HOHFWHHU 6SUDDN =LH (HQ VSUDDN RI GDWDRSURHS RQWYDQJHQ RS SDJLQD YRRU PHHU LQIRUPDWLH 0RJHOLMN KHEW X *HVSUHNNHQ WRHVWDDQ LQJHVWHOG RS 8LW YRRU HHQ GDWDDFFRXQW 6HOHFWHHU LQ SODDWV GDDUYDQ $DQ =LH (HQ GDWD DFFRXQW PDNHQ RS SDJLQD YRRU PHHU LQIRUPDWLH $OV X QRJ VWHHGV JHHQ LQNRPHQGH JHVSUHNNHQ NXQW RQWYDQJHQ LV GLW PRJHOLMN KHW JHYROJ YDQ QHWZHUNEHSHUNLQJHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% $OJHPHHQ 6\VWHHP 3URGXFWQDDP 6, 0NDDUW 7 *60 *60*60 . OHLQH LQVWHHNNDDUW W\SH 9 RI 9 7\SHQXPPHU %9 6SUHHNWLMG PHW HHQ 8OWUD 6OLPEDWWHULM 0D[LPDDO XXU 6WDQGE\WLMG PHW HHQ 8OWUD 0D[LPDDO XXU ! GDJHQ 6OLPEDWWHULM $IPHWLQJHQ *URRWWH [ [ PP J *HZLFKW PHW HHQ 8OWUD 6OLPEDWWHULM 2PJHYLQJVWHPSHUDWXXU 0D[ 0LQ & & *60ID[ HQ GDWD 6QHOKHLG YDQ JHJHYHQVRYHUGUDFKW 0D[LPDDO NEV RS QHWZHUNHQ GLH +6&6' +LJK 6SHHG &LUFXLW 6ZLWFKHG 'DWD RQGHUVWHXQHQ 0HW 9ELVFRPSUHVVLH NXQW X YLHU PDDO KRJHUH VQHOKHGHQ EHUHLNHQ ELM JHJHYHQVRYHUGUDFKW DIKDQNHOLMN YDQ KHW VRRUW JHJHYHQV HQ KHW QHWZHUN )D[ 0D[LPDDO NEV *URHS , , , NODVVH HQ . ODVVH ZRUGW DDQEHYROHQ 7HFKQLVFKH JHJHYHQV 7HFKQLVFKH JHJHYHQV (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 6QHOKHLG YDQ JHJHYHQVRYHUGUDFKW 0D[LPDDO NEV , QIUDURRGFRPPXQLFDWLH 'HNNLQJVJHELHG 6WDQGDDUGHQ YRRU RYHUGUDFKW 0D[LPDDO PHWHU 'RRU GH 7 ZRUGW YROOHGLJH LPSOHPHQWDWLH YDQ VWDQGDDUG, U'$ HQ VWDQGDDUG, U'$8OWUD RQGHUVWHXQG 0D[LPDDO 0%V 6QHOKHLG YDQ JHJHYHQVRYHUGUDFKW <1m 3' 3" < 30 *356 *HQHUDO 3DFNHW 5DGLR 6HUYLFHV &/$66 /(' 352'8&7 +HW KDQGHOVPHUN YDQ GH IXQFWLH , U'$ LV KHW HLJHQGRP YDQ GH , QIUDUHG 'DWD $VVRFLDWLRQ HQ ZRUGW RQGHU OLFHQWLH JHEUXLNW . DEHO . DEHOW\SH 56 9 6QHOKHLG YDQ JHJHYHQVRYHUGUDFKW 0D[LPDDO NEV %OXHWRRWK GUDDGOR]H WHFKQRORJLH 'HNNLQJVJHELHG 9HUPRJHQ YDQ JHJHYHQVRYHUGUDFKW )UHTXHQWLHEDQG 0D[LPDDO PHWHU P: G%P *+] GH QLHWJHOLFHQWLHHUGH , 60EDQG (QHUJLHYHUEUXLN 6WDQGE\PRGXV P$ PDDQGHQ 6SUDDNPRGXV P$ XXU 'DWDPRGXV JHPLGGHOG P$ > P$ NEV @ XXU 6QHOKHLG YDQ JHJHYHQVRYHUGUDFKW 0D[LPDDO NEV PHW ppQ WLMGVORW 7HFKQLVFKH JHJHYHQV (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 'H YROJHQGH %OXHWRRWK IXQFWLHV ZRUGHQ RQGHUVWHXQG *HQHULHN WRHJDQJVSURILHO 3URILHO VHULs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sQW JHEUXLN YDQ GH PRELHOH WHOHIRRQ GRRU WH OH]HQ ]RGDW X PD[LPDDO SURILMW YDQ XZ DDQVFKDI NXQW KHEEHQ 9HLOLJ HQ HIILFLs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sQW JHEUXLN 'H DQWHQQH (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (IILFLsQW JHEUXLN +DQGHO DOV YROJW RP YHU]HNHUG WH ]LMQ YDQ HHQ RSWLPDOH SUHVWDWLH ELM PLQLPDDO HQHUJLHYHUEUXLN +RXG GH PRELHOH WHOHIRRQ YDVW ]RDOV X HONH DQGHUH WHOHIRRQ ]RX YDVWKRXGHQ 6SUHHN UHFKWVWUHHNV LQ KHW PRQGVWXN HQ ULFKW GDDUELM GH DQWHQQH RPKRRJ ]RGDW GH]H RYHU XZ VFKRXGHU ZLMVW $OV GH DQWHQQH NDQ ZRUGHQ XLWJHWURNNHQ PRHW GH]H JHGXUHQGH HHQ JHVSUHN ]LMQ XLWJHWURNNHQ +RXG GH DQWHQQH QLHW YDVW WLMGHQV JHEUXLN YDQ GH PRELHOH WHOHIRRQ 9DVWKRXGHQ YDQ GH DQWHQQH EHw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s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sQW JHEUXLN $OOH PRELHOH WHOHIRRQPRGHOOHQ YDQ (ULFVVRQ ]LMQ RQWZRUSHQ RP ELQQHQ GH DDQEHYROHQ JUHQ]HQ YRRU EORRWVWHOOLQJ DDQ UDGLRIUHTXHQWLH YHOGHQ WH ZHUNHQ GLH GRRU QDWLRQDOH DXWRULWHLWHQ HQ LQWHUQDWLRQDOH JH]RQGKHLGVRUJDQLVDWLHV ZRUGHQ DDQEHYROHQ 'H]H JUHQ]HQ PDNHQ GHHO XLW YDQ XLWJHEUHLGH ULFKWOLMQHQ HQ YDVWJHVWHOGH DDQEHYROHQ QLYHDXV YRRU EORRWVWHOOLQJ YDQ KHW SXEOLHN DDQ UDGLRJROYHQ 'H ULFKWOLMQHQ ]LMQ RQWZLNNHOG GRRU RQDIKDQNHOLMNH ZHWHQVFKDSSHOLMNH RUJDQLVDWLHV ]RDOV GH , QWHUQDWLRQDO &RPPLVVLRQ RQ 1RQ, RQL]LQJ 5DGLDWLRQ 3URWHFWLRQ , &1, 53 RS EDVLV YDQ SHULRGLHNH HQ JURQGLJH HYDOXDWLH YDQ ZHWHQVFKDSSHOLMNH RQGHU]RHNHQ 'H JUHQ]HQ YRRU]LHQ LQ HHQ UXLPH YHLOLJKHLGVPDUJH GLH GH YHLOLJKHLG YDQ DOOH SHUVRQHQ JDUDQGHHUW RQJHDFKW OHHIWLMG HQ JH]RQGKHLG HQ UHNHQLQJ KRXGW PHW DOOH PRJHOLMNH YDULDWLHV YRRUWYORHLHQG XLW DIZLMNHQGH PHHWPHWKRGHQ $XWRULMGHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% 5)HQHUJLH NDQ LQYORHG KHEEHQ RS EHSDDOGH HOHNWURQLVFKH V\VWHPHQ LQ PRWRUYRHUWXLJHQ ]RDOV VWHUHRDSSDUDWXXU LQ GH DXWR YHLOLJKHLGV DSSDUDWXXU HQ]RYRRUW 'DDUQDDVW YHUELHGHQ VRPPLJH IDEULNDQWHQ KHW JHEUXLN YDQ PRELHOH WHOHIRRQV LQ KXQ YRHUWXLJHQ WHQ]LM GDDUELM JHEUXLN ZRUGW JHPDDNW YDQ HHQ KDQGVIUHHFDUNLW PHW HHQ H[WHUQH DQWHQQH , QIRUPHHU ELM GH YHUWHJHQZRRUGLJHU YDQ XZ DXWROHYHUDQFLHU RI XZ PRELHOH WHOHIRRQ ZHO RI JHHQ LQYORHG KHHIW RS GH HOHNWURQLVFKH V\VWHPHQ YDQ XZ DXWR 9RHUWXLJHQ GLH ]LMQ XLWJHUXVW PHW HHQ DLUEDJ (HQ DLUEDJ YXOW ]LFK PHW JURWH NUDFKW 3ODDWV JHHQ YRRUZHUSHQ LQFOXVLHI YDVWH RI GUDDJEDUH GUDDGOR]H DSSDUDWXXU LQ GH UXLPWH ERYHQ GH DLUEDJ RI LQ GH UXLPWH ZDDU GH DLUEDJ ]LFK RQWYRXZW , QGLHQ GUDDGOR]H DSSDUDWXXU YRRU YRHUWXLJHQ RS HHQ YHUNHHUGH PDQLHU ZRUGW JHw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wPSODQWHHUGH SDFHPDNHUV HQ DQGHUH JHwPSODQWHHUGH PHGLVFKH DSSDUDWXXU 3DFHPDNHUSDWLsQWHQ PRHWHQ HU UHNHQLQJ PHH KRXGHQ GDW KHW JHEUXLN YDQ HHQ PRELHOH WHOHIRRQ YODNELM HHQ SDFHPDNHU VWRULQJ YDQ KHW DSSDUDDW NDQ YHURRU]DNHQ 'UDDJ GH PRELHOH WHOHIRRQ QLHW WHU KRRJWH YDQ GH SDFHPDNHU ELMYRRUEHHOG LQ HHQ ERUVW]DN :DQQHHU X GH PRELHOH WHOHIRRQ JHEUXLNW SODDWVW X GH]H DDQ KHW RRU 9HLOLJ HQ HIILFLs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sHUG GRRU XZ PRELHOH WHOHIRRQ RI GH ELMEHKRUHQGH DFFHVVRLUHV , Q HHQ GHUJHOLMNH RPJHYLQJ NXQQHQ YRQNHQ HHQ H[SORVLH RI EUDQG YHURRU]DNHQ KHWJHHQ NDQ OHLGHQ WRW GRGHOLMN OHWVHO *HELHGHQ PHW PRJHOLMN H[SORVLHYH JDVVHQ ]LMQ PHHVWDO PDDU QLHW DOWLMG GXLGHOLMN DDQJHJHYHQ +LHURQGHU YDOOHQ EHQ]LQHVWDWLRQV KHW EHQHGHQGHN YDQ ERWHQ IDFLOLWHLWHQ YRRU RYHUGUDFKW RI RSVODJ YDQ EUDQGVWRI RI FKHPLFDOLsQ HQ JHELHGHQ ZDDU GH OXFKW FKHPLFDOLsQ RI GHHOWMHV ]RDOV NRUUHOV VWRI RI PHWDDOSRHGHU EHYDW 9HUYRHU RI EHZDDU JHHQ RQWYODPEDUH JDVVHQ YORHLVWRIIHQ RI H[SORVLHYHQ LQ GH UXLPWH YDQ XZ YRHUWXLJ ZDDU ]LFK RRN XZ PRELHOH WHOHIRRQ HQ GH ELMEHKRUHQGH DFFHVVRLUHV EHYLQGHQ 9HLOLJ HQ HIILFLs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s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sQW JHEUXLN , QIRUPDWLH RYHU GH EDWWHULM (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% *HEUXLN HQ RQGHUKRXG YDQ GH EDWWHULM (HQ RSODDGEDUH EDWWHULM JDDW ODQJ PHH DOV HU JRHG PHH ZRUGW RPJHJDDQ (HQ QLHXZH EDWWHULM RI HHQ EDWWHULM GLH ODQJ QLHW LV JHEUXLNW KHHIW GH HHUVWH SDDU NHHU GDW GH]H ZRUGW JHEUXLNW PLQGHU YHUPRJHQ 'H VSUHHN HQ VWDQGE\WLMG KDQJHQ DI YDQ GH GDDGZHUNHOLMNH ]HQGRPVWDQGLJKHGHQ RS KHW PRPHQW GDW X GH WHOHIRRQ JHEUXLNW $OV GH WHOHIRRQ GLFKWELM HHQ EDVLVVWDWLRQ ZRUGW JHEUXLNW LV PLQGHU HQHUJLH QRGLJ HQ ZRUGW GH VSUHHN HQ VWDQGE\WLMG YHUOHQJG *HEUXLN XLWVOXLWHQG RULJLQHOH (ULFVVRQEDWWHULMHQ HQ EDWWHULMODGHUV +HW JHEUXLN YDQ QLHW(ULFVVRQ EDWWHULMHQ HQ ODGHUV NDQ JHYDDUOLMN ]LMQ %RYHQGLHQ GHNW GH JDUDQWLH JHHQ SURGXFWSUREOHPHQ GLH ]LMQ YHURRU]DDNW GRRU JHEUXLN YDQ QLHWRULJLQHOH EDWWHULMHQ HQ ODGHUV 6WHO GH EDWWHULM QLHW EORRW DDQ H[WUHPH WHPSHUDWXUHQ ERYHQ & ) 9RRU HHQ PD[LPDDO EDWWHULMYHUPRJHQ NXQW X GH EDWWHULM KHW EHVWH ELM NDPHUWHPSHUDWXXU JHEUXLNHQ *HEUXLN ELM ODJH WHPSHUDWXUHQ YHUPLQGHUW KHW YHUPRJHQ YDQ GH EDWWHULM =HW XZ WHOHIRRQ XLW YRRUGDW X GH EDWWHULM YHUZLMGHUW *HEUXLN GH EDWWHULM DOOHHQ YRRU KHW GRHO ZDDUYRRU GH]H LV EHVWHPG 'RH JHHQ SRJLQJHQ RP GH EDWWHULM XLW HONDDU WH KDOHQ =RUJ GDW GH PHWDOHQ FRQWDFWHQ RS GH EDWWHULM QLHW LQ DDQUDNLQJ NRPHQ PHW HHQ DQGHU PHWDOHQ YRRUZHUS 'LW NDQ NRUWVOXLWLQJ YHURRU]DNHQ HQ GH EDWWHULM EHVFKDGLJHQ 6WHO GH EDWWHULM QLHW EORRW DDQ RSHQ YXXU +LHUGRRU ]RX GH EDWWHULM NXQQHQ H[SORGHUHQ 6WHO GH EDWWHULM QLHW EORRW DDQ HHQ YORHLVWRI =RUJ GDW GH EDWWHULM QLHW LQ GH PRQG ZRUGW JHQRPHQ 'H HOHNWURO\WHQ YDQ GH EDWWHULM NXQQHQ JLIWLJ ]LMQ LQGLHQ ]LM ZRUGHQ GRRUJHVOLNW 9HLOLJ HQ HIILFLs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sQW JHEUXLN 8 PDJ GH EDWWHULM QRRLW ELM KHW KXLVYXLO ZHJJRRLHQ +RXG X DDQ GH SODDWVHOLMNH UHJHOJHYLQJ YRRU KHW ZHJJRRLHQ YDQ EDWWHULMHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% :LM GDQNHQ X YRRU GH DDQNRRS YDQ GLW (ULFVVRQSURGXFW 2P ]R YHHO PRJHOLMN SURILMW YDQ XZ QLHXZH DDQVFKDI WH KHEEHQ ZRUGW X DDQJHUDGHQ HHQ DDQWDO HHQYRXGLJH VWDSSHQ XLW WH YRHUHQ /HHV GH ULFKWOLMQHQ YRRU YHLOLJ HQ HIILFLs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ppQ MDDU (ON (ULFVVRQDFFHVVRLUH ZRUGW JHGHNW GRRU HHQ JDUDQWLHSHULRGH YDQ pp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pQXPPHU LQ KHW WHOHIRRQERHN (HQ ZHUNQXPPHU LQ KHW WHOHIRRQERHN (HQ PRELHO QXPPHU LQ KHW WHOHIRRQERHN (HQ ID[QXPPHU LQ KHW WHOHIRRQERHN (HQ DQGHU QXPPHU LQ KHW WHOHIRRQERHN (HQ HPDLODGUHV LQ KHW WHOHIRRQERHN (U LV HHQ VSUDDNODEHO YDVWJHOHJG YRRU GH QDDP YDQ HHQ FRQWDFW 8 KHEW HHQ VSUDDNPHPR RSJHQRPHQ (U LV HHQ RQJHOH]HQ HPDLOEHULFKW (U LV HHQ JHOH]HQ HPDLOEHULFKW (U LV VOHFKWV HHQ GHHO YDQ HHQ HPDLOEHULFKW LQ GH WHOHIRRQ RSJHVODJHQ (U LV HHQ RQJHOH]HQ HPDLOEHULFKW YHUZLMGHUG (HQ KRRIGWHOHIRRQ YRRU %OXHWRRWK QLHW JHVFKLNW YRRU XZ WHOHIRRQ (HQ KRRIGWHOHIRRQ YRRU %OXHWRRWK JHVFKLNW YRRU XZ WHOHIRRQ (HQ WHOHIRRQ YRRU %OXHWRRWK JHVFKLNW YRRU XZ WHOHIRRQ (HQ SF YRRU %OXHWRRWK JHVFKLNW YRRU XZ WHOHIRRQ (HQ SULQWHU YRRU %OXHWRRWK JHVFKLNW YRRU XZ WHOHIRRQ (HQ SDOPWRS YRRU %OXHWRRWK JHVFKLNW YRRU XZ WHOHIRRQ 'H DIVSUDDN LV HHQ YHUJDGHULQJ 'H DIVSUDDN LV HHQ GDWXP 'H DIVSUDDN LV HHQ UHLV 3LFWRJUDPPHQ 3LFWRJUDP 2PVFKULMYLQJ 'H DIVSUDDN LV HHQ YDNDQWLH 'H DIVSUDDN LV HHQ MXELOHXP (HQ DQGHUH DIVSUDDN (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% (HQ DIVSUDDN GLH HHQ JHKHOH NDOHQGHUGDJ GXXUW (HQ UHJHOPDWLJ WHUXJNHUHQGH DIVSUDDN LQ GH NDOHQGHU (U LV HHQ KHULQQHULQJ LQJHVWHOG YRRU HHQ DIVSUDDN LQ GH NDOHQGHU (HQ WDDN LQ XZ NDOHQGHU (HQ WDDN PHW KRJH SULRULWHLW (HQ WDDN PHW ODJH SULRULWHLW 'H WDDN EHVWDDW XLW KHW YRHUHQ YDQ HHQ WHOHIRRQJHVSUHN 'H WDDN EHVWDDW XLW KHW VFKULMYHQ YDQ HHQ EHULFKW 'LW LV KHW YRRUNHXUVQHWZHUN 8 NXQW GLW JHEUXLNHQ 'LW LV HHQ YHUERGHQ QHWZHUN 8 NXQW GLW QLHW JHEUXLNHQ 8Z QHWZHUN LV ELQQHQ EHUHLN HQ NDQ ZRUGHQ JHEUXLNW 3LFWRJUDPPHQ (U LFV 1R VR W IR Q0 U RE &RP LOH PH &R UFL PP DO XQ 8VH LFD WLR QV $% , Q GH YROJHQGH WDEHO ZRUGW HHQ DDQWDO YDQ GH PHHVW JHEUXLNWH WRHWVFRPELQDWLHV EHVFKUHYHQ *HZHQVWH DFWLH 8LW WH YRHUHQ KDQGHOLQJ YDQXLW GH VWDQGE\PRGXV 8 ZLOW HHQ DODUPQXPPHU EHOOHQ 8 YRHUW KHW LQWHUQDWLRQDOH DODUPQXPPHU LQ HQ GUXNW RS < ( 6 8 GUXNW RS RI 8 ZLOW QDDU GH KRRIG HQ VXEPHQX V JDDQ HQ KLHU GRRUKHHQ QDYLJHUHQ 8 ZLOW GH *HVSUHNNHQOLMVW RSHQHQ 8 GUXNW RS < ( 6 8 ZLOW VSUDDNJHVWXXUG EHOOHQ 8 GUXNW RS < ( 6 HQ KRXGW GH]H WRHWV LQJHGUXNW RI X ]HJW KHW WRYHUZRRUG 8 ZLOW XZ YRLFHPDLOVHUYLFH EHOOHQ 8 GUXNW RS HQ KRXGW GH]H WRHWV LQJHGUXNW 8 ZLOW KHW WHNHQ LQYRHUHQ YRRU HHQ LQWHUQDWLRQDDO JHVSUHN 8 ZLOW GH WHOHIRRQ JHOXLGORRV PDNHQ 8 GUXNW RS HQ KRXGW GH]H WRHWV LQJHGUXNW 8 GUXNW RS HQ KRXGW GH]H WRHWV LQJHGUXNW 8 ZLOW QDDU HHQ FRQWDFWSHUVRRQ JDDQ ZDDUYDQ GH QDDP EHJLQW PHW HHQ VSHFLILHNH OHWWHU 8 GUXNW RS ppQ YDQ GH YROJHQGH WRHWVHQ HQ KRXGW GH]H LQJHGUXNW 8 ZLOW HHQ WHOHIRRQQXPPHU 8 GUXNW KHW SRVLWLHQXPPHU EHUHLNHQ RS HHQ EHSDDOGH SRVLWLH HQ WHJHOLMNHUWLMG LQ 8 ZLOW VQHONLH]HQ 8 GUXNW JHOLMNWLMGLJ RS pp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pp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sQ *HZHQVWH DFWLH *D DOV YROJW WH ZHUN DOV X GH IXQFWLH 7WHNVWLQYRHU JHEUXLNW 8 GUXNW RS 8 GUXNW RS $QGHUH ZRRUGHQ ZHHUJHYHQ 8 ZLOW HHQ ZRRUG DFFHSWHUHQ HQ HHQ VSDWLH WRHYRHJHQ 8 ZLOW HHQ SXQW LQYRHUHQ 8 GUXNW RS 8 ZLOW DOWHUQDWLHYH OHHVWHNHQV EHNLMNHQ 8 ZLOW VFKDNHOHQ WXVVHQ KRRIGOHWWHUV HQ NOHLQH OHWWHUV 8 ZLOW FLMIHUV LQYRHUHQ 8 GUXNW RS HQ YHUYROJHQV KHUKDDOGHOLMN RS 8 GUXNW RS RS GH OHWWHU HQ YHUYROJHQV 8 GUXNW RS pp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s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s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

VOORWAARDEN VAN TELELADING VAN DE HANDLEIDING SONY ERICSSON T39M

JeHandleiding biedt een gemeenschapsdienst van aandeel, archivering on line en van opzoeking van documentatie betreffende het gebruik van materialen of software : handleiding, gebruiksaanwijzing, installatiegids, technisch handboek…
In geen enkel geval zal JeHandleiding verantwoordelijk zijn indien het document dat u zoekt niet beschikbaar is, onvolledig is, in een andere taal is dan de uwe of indien de benaming en de taal niet overeenstemmen. JeHandleiding, in het bijzonder, verzekert geen vertalingsdienst.

Klik op "De handleiding teleladen" indien u de formulering van dit contract aanvaardt. De telelading van de handleiding SONY ERICSSON T39M zal dan beginnen.

Een gebruiksaanwijzing opzoeken

 

Copyright © 2015 - JeHandleiding - Alle rechten voorbehouden
De aangehaalde merknamen behoren tot hun respectieve eigenaars toe.

flag