=
0DL
0DL
| 5R[WHF,QWHUQDWLRQDO$% |
|
| .$5/6.521$ |
|
| 6&+: ('(1 |
|
)HXHUZLGHUVWDQGVIlKLJH$EVFKRWWXQJIUHOHNWULVFKH/HLWXQJHQXQGRGHU5RKUOHLWXQJHQDXV
.XQVWVWRIIRGHU0HWDOO5R[WHF6\VWHP%:%(
'HUREHQJHQDQQWH5HJHOXQJVJHJHQVWDQGZLUGKLHUPLWDOOJHPHLQEDXDXIVLFKWOLFKJHQHKPLJW
'LHVHU%HVFKHLGXPIDVVW]HKQ6HLWHQXQG]ZHL$QODJHQ
'LHVHDOOJHPHLQH%DXDUWJHQHKPLJXQJHUVHW]WGLH]XU%DXDUWHQWKDOWHQHQ%HVWLPPXQJHQGHU
DOOJHPHLQHQEDXDXIVLFKWOLFKHQ=XODVVXQJ1UeYRP0DL
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
| | 0LWGHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJLVWGLH$QZHQGEDUNHLWGHV5HJHOXQJVJHJHQVWDQGHV |
LP6LQQHGHU/DQGHVEDXRUGQXQJHQQDFKJHZLHVHQ
|
'LHVHU %HVFKHLG HUVHW]W QLFKW GLH IU GLH 'XUFKIKUXQJ YRQ %DXYRUKDEHQ JHVHW]OLFK YRUJH |
| VFKULHEHQHQ*HQHKPLJXQJHQ=XVWLPPXQJHQXQG%HVFKHLQLJXQJHQ |
|
|
'LHVHU %HVFKHLG ZLUG XQEHVFKDGHW GHU 5HFKWH 'ULWWHU LQVEHVRQGHUH SULYDWHU6FKXW]UHFKWH |
| HUWHLOW |
|
|
'HP $QZHQGHU GHV 5HJHOXQJVJHJHQVWDQGHV VLQG XQEHVFKDGHW ZHLWHUJHKHQGHU 5HJHOXQ |
| JHQLQGHQ%HVRQGHUHQ%HVWLPPXQJHQ.RSLHQGLHVHV%HVFKHLGHV]XU9HUIJXQJ]XVWHO |
|
| OHQ=XGHPLVWGHU$QZHQGHUGHV5HJHOXQJVJHJHQVWDQGHVGDUDXIKLQ]XZHLVHQGDVVGLHVHU |
|
| %HVFKHLG DQ GHU $QZHQGXQJVVWHOOH YRUOLHJHQ PXVV $XI $QIRUGHUXQJ VLQG GHQ EHWHLOLJWHQ |
|
| %HK |
UGHQHEHQIDOOV.RSLHQ]XU9HUIJXQJ]XVWHOOHQ |
| | 'LHVHU %HVFKHLG GDUI QXU YROOVWlQGLJ YHUYLHOIlOWLJW ZHUGHQ (LQH DXV]XJVZHLVH 9HU|IIHQW |
|—|—|
OLFKXQJEHGDUIGHU=XVWLPPXQJGHV’HXWVFKHQ,QVWLWXWVIU%DXWHFKQLN7H[WHXQG=HLFKQXQ
JHQ YRQ : HUEHVFKULIWHQ GUIHQ GLHVHP %HVFKHLG QLFKW ZLGHUVSUHFKHQ hEHUVHW]XQJHQ
PVVHQGHQ+LQZHLV9RP’HXWVFKHQ,QVWLWXWIU%DXWHFKQLNQLFKWJHSUIWHhEHUVHW]XQJGHU
GHXWVFKHQ2ULJLQDOIDVVXQJHQWKDOWHQ
| | 'LHVHU %HVFKHLG ZLUG ZLGHUUXIOLFK HUWHLOW 'LH %HVWLPPXQJHQ N|QQHQ QDFKWUlJOLFK HUJlQ]W |
|—|—|
XQGJHlQGHUWZHUGHQLQVEHVRQGHUHZHQQQHXHWHFKQLVFKH(UNHQQWQLVVHGLHVHUIRUGHUQ
|
'LHVHU%HVFKHLGEH]LHKWVLFKDXIGLHYRQGHP$QWUDJVWHOOHULP*HQHKPLJXQJVYHUIDKUHQ]XP |
| 5HJHOXQJVJHJHQVWDQG JHPDFKWHQ $QJDEHQ XQG YRUJHOHJWHQ 'RNXPHQWH (LQH bQGHUXQJ |
|
| GLHVHU *HQHKPLJXQJVJUXQGODJHQ ZLUG YRQ GLHVHP %HVFKHLG QLFKW HUIDVVW XQG LVW GHP |
|
| 'HXWVFKHQ,QVWLWXWIU%DXWHFKQLNXQYHU]JOLFKRIIHQ]XOHJHQ |
|
| e |
'LH YRQ GLHVHP %HVFKHLG XPIDVVWH DOOJHPHLQH %DXDUWJHQHKPLJXQJ JLOW ]XJOHLFK DOV DOOJH |
| PHLQHEDXDXIVLFKWOLFKH=XODVVXQJIUGLH%DXDUW |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
| | 5HJHOXQJVJHJHQVWDQGXQG$QZHQGXQJVEHUHLFK |
| | 'LHDOOJHPHLQH%DXDUWJHQHKPLJXQJ D%* JLOWIUGLH(UULFKWXQJGHU$EVFKRWWXQJ5R[WHF |
6\VWHP%*±: %*(JHQDQQWDOV%DXDUW]XP9HUVFKOLHHQYRQgIIQXQJHQLQIHXHUZLGHU
VWDQGVIlKLJHQ: lQGHQQDFK$EVFKQLWWGXUFKGLHHOHNWULVFKH/HLWXQJHQXQGRGHU5RKU
OHLWXQJHQ QDFK $EVFKQLWW KLQGXUFKJHIKUW ZXUGHQ VRJ .RPELDEVFKRWWXQJ ZREHL GLH
$XIUHFKWHUKDOWXQJGHU)HXHUZLGHUVWDQGVIlKLJNHLWLP%HUHLFKGHU’XUFKIKUXQJHQEHLHLQVHL
WLJHU%UDQGEHDQVSUXFKXQJ±XQDEKlQJLJYRQGHUHQ5LFKWXQJ±IU0LQXWHQDOVQDFKJH
ZLHVHQJLOW IHXHUEHVWlQGLJ
|
'LH.RPELDEVFKRWWXQJEHVWHKWLP:HVHQWOLFKHQDXVHLQHPPLW3DFNVWFNHQEDXNDVWHQDUWLJ |
| DXVJHIOOWHQ5DKPHQDXVHLQHPPLW0LQHUDOZROOHDXVJHVWRSIWHQ6WDKOEOHFKNDVWHQRGHUDXV |
|
| HLQHU$XVIOOXQJPLW0LQHUDOZROOHVRZLH±LQ$EKlQJLJNHLWYRQGHQGXUFKJHIKUWHQ,QVWDOOD |
|
| WLRQHQ±JJIDXV6WUHFNHQLVROLHUXQJHQ’LH.RPELDEVFKRWWXQJLVWJHPl$EVFKQLWWDXV |
|
| GHQ%DXSURGXNWHQQDFK$EVFKQLWW]XHUULFKWHQ |
|
|
'LH$EVFKRWWXQJGDUILP,QQHUQYRQ*HElXGHQ±DXFK]X$XIHQWKDOWVUlXPHQXQG]XJHK |
| — |
— |
| JHQ1HEHQUlXPHQKLQ±HUULFKWHWZHUGHQ |
|
|
'LH LQ GLHVHU DOOJHPHLQHQ %DXDUWJHQHKPLJXQJ EHVFKULHEHQHQ XQG LQ GHQ $QODJH]HLFKQXQ |
| — |
— |
| JHQGDUJHVWHOOWHQ$XVIKUXQJHQVWHOOHQ0LQGHVWDQIRUGHUXQJHQ]XU(UIOOXQJGHU$QIRUGHUXQ |
|
| JHQDQGHQ%UDQGVFKXW]GDU’LH9RUVFKULIWHQDQGHUHU5HFKWVEHUHLFKHEOHLEHQXQEHUKUW,P |
|
| 5DKPHQ GHV *HQHKPLJXQJVYHUIDKUHQV ZXUGHQ LQVEHVRQGHUH NHLQH 1DFKZHLVH ]XP :lU |
|
| PH RGHU 6FKDOOVFKXW] VRZLH ]XU 'DXHUKDIWLJNHLW GHU DXV GHQ %DXSURGXNWHQ HUULFKWHWHQ |
|
$EVFKRWWXQJJHIKUW
|
%HVWLPPXQJHQIU3ODQXQJ%HPHVVXQJXQG$XVIKUXQJ |
| | %HVWLPPXQJHQIUGLH]XYHUZHQGHQGHQ%DXSURGXNWH |
| | 5DKPHQ |
| | 'LH5DKPHQ52;7(&5DKPHQ7\S%E]Z52;7(&5DKPHQ7\S*JHQDQQWPVVHQ |
GHQ %HVWLPPXQJHQ GHU DOOJHPHLQHQ EDXDXIVLFKWOLFKHQ =XODVVXQJ 1U= HQW
VSUHFKHQ
|
(V GUIHQ DXFK 5DKPHQJUXSSHQ DXV HLQ ELV VHFKV QHEHQHLQDQGHU OLHJHQGHQ 5DKPHQHOH |
| PHQWHQYHUZHQGHWZHUGHQ |
|
|
%HL9HUZHQGXQJYRQ5DKPHQ52;7(&5DKPHQ7\S*GUIHQDXFK5DKPHQJUXSSHQDXV |
| — |
— |
| PD[LPDOGUHLQHEHQHLQDQGHUOLHJHQGHQXQGLQPD[LPDO]ZHL5HLKHQEHUHLQDQGHUDQJHRUG |
|
QHWHQ5DKPHQHOHPHQWHQYHUZHQGHWZHUGHQ
| | =XEHK|UWHLOH |
|—|—|
3DFNVWFNHXQG.RPSUHVVLRQVHLQULFKWXQJ
|
'LH 3DFNVWFNH ]XP $XVIOOHQ GHU 5DKPHQ 500RGXOH JHQDQQW PVVHQ GHQ %HVWLP |
| PXQJHQGHUDOOJHPHLQHQEDXDXIVLFKWOLFKHQ=XODVVXQJ1U=HQWVSUHFKHQ |
|
|
‘LH .RPSUHVVLRQVHLQULFKWXQJ 52;7(&:(’*( JHQDQQW PXVV GHQ %HVWLPPXQJHQ GHU |
| — |
— |
| DOOJHPHLQHQEDXDXIVLFKWOLFKHQ=XODVVXQJ1U=HQWVSUHFKHQ |
|
$QNHUVFKHLEHQXQG$EGHFNSODWWH
|
'LH $QNHUVFKHLEHQ ]XU 6WDELOLVLHUXQJ GHU $EVFKRWWXQJ PVVHQ GHQ %HVWLPPXQJHQ GHU DOO |
| JHPHLQHQEDXDXIVLFKWOLFKHQ=XODVVXQJ1U=HQWVSUHFKHQ |
|
|
‘LH $EGHFNSODWWH ’'&RYHU JHQDQQW ]XP 9HUVFKOLHHQ YRQ QLFKW PLW .DEHOQ EHOHJWHQ |
| — |
— |
| $EVFKRWWXQJHQ PXVV GHQ %HVWLPPXQJHQ GHU DOOJHPHLQHQ EDXDXIVLFKWOLFKHQ =XODVVXQJ |
|
1U=HQWVSUHFKHQ
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
|
6WDKOEOHFKNDVWHQXQG6WDKOEOHFKGHFNHO |
|
'HU 6WDKOEOHFKNDVWHQ :%*(%UDQGVFKXW]JHJHQUDKPHQ JHQDQQW PXVV GHQ %H |
| VWLPPXQJHQGHUDOOJHPHLQHQEDXDXIVLFKWOLFKHQ=XODVVXQJ1U=HQWVSUHFKHQ |
|
|
'HU6WDKOEOHFKGHFNHO]XP9HUVFKOLHHQYRQQLFKWPLW.DEHOQEHOHJWHQ$EVFKRWWXQJHQPXVV |
| — |
— |
| GHQ %HVWLPPXQJHQ GHU DOOJHPHLQHQ EDXDXIVLFKWOLFKHQ =XODVVXQJ 1U= HQW |
|
VSUHFKHQ
|
0LQHUDOZROOH |
| ,P*HQHKPLJXQJVYHUIDKUHQZXUGHORVH0LQHUDOZROOH 6WRSIZROOH PLWIROJHQGHQ.HQQZHUWHQ |
|
| DOVJHHLJQHWQDFKJHZLHVHQQLFKWEUHQQEDU6FKPHO]SXQNW&QDFK’,1 |
|
|
0LQHUDOZROOH6FKDOHQ |
| — |
— |
|
'LH0LQHUDOZROOH6FKDOHQ3UR5R[36JHQDQQWPVVHQPPGLFNVHLQHLQH1HQQ |
| URKGLFKWH YRQ NJPð ELV NJPñ DXIZHLVHQ XQG GHU ',1(1 VRZLH GHU |
|
| /HLVWXQJVHUNOlUXQJ1U352361/YRPHQWVSUHFKHQ |
|
| ,P *HQHKPLJXQJVYHUIDKUHQ ZXUGHQ 0LQHUDOZROOH6FKDOHQ PLW IROJHQGHQ .HQQZHUWHQ DOV |
|
| JHHLJQHW QDFKJHZLHVHQ QLFKWEUHQQEDU 1HQQURKGLFKWH YRQ NJPð ELV NJPñ, |
|
6FKPHO]SXQNW&QDFK’,1
|
%DXVWRIIHIUGHQ)XJHQYHUVFKOXVV |
| 'HU )XJHQYHUVFKOXVV PXVV PLW IRUPEHVWlQGLJHQ QLFKWEUHQQEDUHQ %DXVWRIIHQ ZLH ]% |
|
%HWRQRGHU=HPHQWP|UWHOHUIROJHQ
|
%DXSODWWHQIU5DKPHQXQG$XIOHLVWXQJHQ |
|
)U5DKPHQXQG$XIOHLVWXQJHQVLQGPLQGHVWHQVPPGLFNHQLFKWEUHQQEDUH %DXSODWWHQ |
| .)LSVIDVHURGHU.DO]LXP6LOLNDW3ODWWHQ ]XYHUZHQGHQ |
|
|
:lQGHgIIQXQJHQ |
| — |
— |
|
'LH $EVFKRWWXQJ GDUI LQ :lQGHQ HUULFKWHW ZHUGHQ GLH GHQ $QJDEHQ GHU 7DEHOOH HQW |
| VSUHFKHQXQGGLHgIIQXQJHQJHPlGHQ$QJDEHQGHU7DEHOOHQXQGHQWKDOWHQ’LH: lQ |
|
| GH PVVHQ GHQ 7HFKQLVFKHQ %DXEHVWLPPXQJHQ HQWVSUHFKHQ %HL (UULFKWXQJ LQ OHLFKWHQ |
|
| 7UHQQZlQGHQVLQGGLH$QJDEHQGHV$EVFKQLWWV]XEHDFKWHQ |
|
|
=XRUGQXQJ GHU NODVVLIL]LHUWHQ (LJHQVFKDIWHQ GHV %UDQGYHUKDOWHQV ]X GHQ EDXDXIVLFKWOLFKHQ $QIRUGHUXQJHQ HUIROJW |
| JHPl 7HFKQLVFKHU 5HJHO $ %DXDXIVLFKWOLFKH $QIRUGHUXQJHQ =XRUGQXQJ GHU .ODVVHQ 9HUZHQGXQJ YRQ |
|
| %DXSURGXNWHQ $QZHQGXQJ YRQ %DXDUWHQ GHU 0XVWHU9HUZDOWXQJVYRUVFKULIW 7HFKQLVFKH %DXEHVWLPPXQJHQ 099 |
|
| 7% $XVJDEH$QKDQJ$EVFKQLWW VZZZGLEWGH |
|
|
',1 |
%UDQGYHUKDOWHQ YRQ %DXVWRIIHQ XQG %DXWHLOHQ 6FKPHO]SXQNW YRQ 0LQHUDOZROOH |
| 'lPPVWRIIHQ%HJULIIH$QIRUGHUXQJHQ3UIXQJ |
|
|
|
',1(1e |
:lUPHGlPPVWRIIH IU GLH WHFKQLVFKH *HElXGHDXVUVWXQJ XQG IU EHWULHEV |
| — |
— |
— |
| WHFKQLVFKH $QODJHQ LQ GHU ,QGXVWULH :HUNPlLJ KHUJHVWHOOWH 3URGXNWH DXV |
|
|
| 0LQHUDOZROOH 0: ±6SH]LILNDWLRQ |
|
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
7DEHOOH
| %DXWHLO | EDXDXIVLFKWOLFKH | %DXWHLOGLFNH | PD[gIIQXQJVJU|H |
|—|—|—|—|
| $QIRUGHUXQJDQGLH | FP@ | %[+>FP@ |
)HXHUZLGHUVWDQGV
IlKLJNHLW
| OHLFKWH7UHQQZDQG |
|
HQWVSUHFKHQGGHUYHUZHQ |
| IHXHUEHVWlQGLJ |
|
|
| 0DVVLYZDQG |
|
|
| — |
— |
— |
| | 'HU$EVWDQGGHU]XYHUVFKOLHHQGHQ%DXWHLO|IIQXQJ]XDQGHUHQgIIQXQJHQRGHU(LQEDXWHQ |
PXVVGHQ$QJDEHQGHU7DEHOOHHQWVSUHFKHQ
7DEHOOH
| $EVWDQGGHU%DXWHLO | *U|HGHUQHEHQHLQDQGHUOLHJHQGHQ | $EVWDQG]ZLVFKHQGHQ |
|—|—|—|
| |IIQXQJ]X | gIIQXQJHQ %>FP@[+>FP@ | gIIQXQJHQ>FP@ |
| $EVFKRWWXQJHQQDFK | HQWVSUHFKHQGGHQ$EPHVVXQJHQ | ≥ |
| GLHVHUD%* | JHPl7DEHOOHJHPHVVHQ]ZLVFKHQ |
GHQ)ODQVFKHQ
| DQGHUHQ |
HLQHEHLGHgIIQXQJ HQ |
![ |
≥ |
| $EVFKRWWXQJHQ |
|
|
|
| EHLGHgIIQXQJHQ |
≤[ |
≥ |
|
| — |
— |
— |
|
| DQGHUHQgIIQXQJHQ |
HLQHEHLGHgIIQXQJ HQ |
![ |
≥ |
| RGHU(LQEDXWHQ |
|
|
|
| EHLGHgIIQXQJHQ |
≤[ |
≥ |
|
| — |
— |
— |
|
| | 'DV 6WlQGHUZHUN GHU OHLFKWHQ 7UHQQZDQG QDFK 7DEHOOH PXVV EHL %DXWHLO|IIQXQJHQ |
!FP [ FP GXUFK ]XVlW]OLFK DQJHRUGQHWH :DQGVWLHOH XQG GXUFK 5LHJHO VR HUJlQ]W
VHLQGDVVGLHVHGLH%HJUHQ]XQJGHU: DQG|IIQXQJIUGLHYRUJHVHKHQH$EVFKRWWXQJELOGHQ
'LH : DQGEHSODQNXQJ PXVV DXI GLHVHQ 6WDKOEOHFKSURILOHQ LQ EHVWLPPXQJVJHPlHU :HLVH
EHIHVWLJWVHLQ
| | ,Q GHU :DQG|IIQXQJ LVW HLQ 5DKPHQ JHPl $EVFKQLWW E]Z EHL :lQGHQ RKQH LQQHQ |
|—|—|
OLHJHQGH 'lPPXQJ HLQ EHLGVHLWLJ ]X GHQ :DQGREHUIOlFKHQ EQGLJHU 5DKPHQ GHU LP $XI
EDXGHP$XIEDXGHUMHZHLOLJHQ: DQGEHSODQNXQJHQWVSUHFKHQGPXVVDQ]XRUGQHQ
| | 'HU6WXU]RGHUGLH’HFNHEHUGHU%DXWHLO|IIQXQJPXVVVWDWLVFKXQGEUDQGVFKXW]WHFKQLVFK |
|—|—|
VREHPHVVHQVHLQGDVVGLH$EVFKRWWXQJ DXHULKUHP(LJHQJHZLFKW NHLQH]XVlW]OLFKHYHU
WLNDOH%HODVWXQJHUKlOW
|
,QVWDOODWLRQHQ |
|
$OOJHPHLQHV |
| 'XUFKGLH]XYHUVFKOLHHQGH%DXWHLO |
IIQXQJGUIHQHLQHRGHUPHKUHUHGHULQGHQIROJHQGHQ |
| $EVFKQLWWHQ JHQDQQWHQ ,QVWDOODWLRQHQ /HLWXQJHQ 7UDJHNRQVWUXNWLRQHQ KLQGXUFKJHIKUW |
|
|
'LH =XRUGQXQJ GHU )HXHUZLGHUVWDQGVNODVVHQ ]X GHQ EDXDXIVLFKWOLFKHQ $QIRUGHUXQJHQ HUIROJW JHPl GHU |
| 7HFKQLVFKHQ 5HJHO $ %DXDXIVLFKWOLFKH $QIRUGHUXQJHQ =XRUGQXQJ GHU .ODVVHQ 9HUZHQGXQJ YRQ |
|
| %DXSURGXNWHQ $QZHQGXQJ YRQ %DXDUWHQ GHU 0XVWHU9HUZDOWXQJVYRUVFKULIW 7HFKQLVFKH %DXEHVWLPPXQJHQ |
|
| 0997% $XVJDEH$QKDQJ$EVFKQLWW VZZZGLEWGH |
|
|
1LFKWWUDJHQGH 7UHQQZlQGH LQ 6WlQGHUEDXDUW PLW 6WDKOXQWHUNRQVWUXNWLRQ XQG EHLGVHLWLJHU %HSODQNXQJ DXV |
| — |
— |
| QLFKWEUHQQEDUHQ ]HPHQW E]Z JLSVJHEXQGHQHQ %DXSODWWHQ ]% *.) *LSVIDVHUSODWWHQ RGHU .DO]LXP6LOLNDW |
|
| 3ODWWHQ $XIEDX GHU : DQG XQG .ODVVLIL]LHUXQJ GHU )HXHUZLGHUVWDQGVIlKLJNHLW QDFK ',1 RGHU QDFK |
|
DOOJHPHLQHPEDXDXIVLFKWOLFKHQ3UI]HXJQLV
|
'LH 'LFNH GHU $EVFKRWWXQJ PXVV PLQGHVWHQV FP EHWUDJHQ 'LH $EPHVVXQJHQ HUJHEHQ VLFK DXV GHQ 0DHQ |
| GHVYHUZHQGHWHQ5DKPHQVJHPl$EVFKQLWW |
|
|
:lQGHDXV%HWRQE]Z6WDKOEHWRQRGHU3RUHQEHWRQXQG0DXHUZHUNVZlQGHDXVQLFKWEUHQQEDUHQ%DXVWRIIHQRKQH |
| — |
— |
| +RKOUlXPHLP%HUHLFKGHU’XUFKIKUXQJ |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
VHLQZHUGHQe $QGHUH 7HLOH RGHU+LOIVNRQVWUXNWLRQHQVRZLH DQGHUH /HLWXQJHQ VLQG QLFKW ]X
OlVVLJ
'HUJHVDPWH]XOlVVLJH4XHUVFKQLWWGHU,QVWDOODWLRQHQ EH]RJHQDXIGLHMHZHLOLJHQ$XHQDE
PHVVXQJHQ GLH GXUFK GLH ]X YHUVFKOLHHQGH %DXWHLO|IIQXQJ JHPHLQVDP KLQGXUFKJHIKUW
ZHUGHQ GUIHQ HUJLEW VLFK LQ $EKlQJLJNHLW YRQ GHU MHZHLOLJHQ *U|H GHV 5DKPHQV
VDOOJHPHLQHEDXDXIVLFKWOLFKH=XODVVXQJ1U= XQGULFKWHWVLFKQDFKGHQ0|J
OLFKNHLWHQGHUV\VWHPEHGLQJWHQ$XVIOOXQJGHV5DKPHQVPLW3DFNVWFNHQXQWHU%HDFKWXQJ
− GHUJHOWHQGHQ9RUVFKULIWHQGHU(OHNWURWHFKQLNLQVEHVRQGHUHEH]JOLFKGHUHUIRUGHUOLFKHQ
0LQGHVWDEVWlQGH]ZLVFKHQGHQHLQ]HOQHQ.DEHOQVRZLH
− GHU JHOWHQGHQ $EVWDQGVIRUGHUXQJHQ ]ZLVFKHQ HOHNWULVFKHQ $QODJHQ XQG 5RKUOHLWXQJV
DQODJHQ QLFKWHOHNWULVFKHWHFKQLVFKH$QODJHQ GLHVR]XZlKOHQVLQGGDVVVLFKGLH6\V
WHPHJHJHQVHLWLJQLFKWEHHLQIOXVVHQN|QQHQ
'LH $EVFKRWWXQJ GDUI DXFK ]XP 6FKOLHHQ YRQ gIIQXQJHQ DQJHZHQGHW ZHUGHQ GXUFK GLH
QRFK NHLQH ,QVWDOODWLRQHQ KLQGXUFKJHIKUW ZXUGHQ VRJ 5HVHUYHDEVFKRWWXQJHQ 1DFKWUlJ
OLFKHbQGHUXQJHQDQGHU6FKRWWEHOHJXQJGUIHQYRUJHQRPPHQZHUGHQ V$EVFKQLWW
%HLGHU’XUFKIKUXQJYRQ.XQVWVWRIIURKUHQJLOW
| | 'LH $EVFKRWWXQJ GDUI DQ SQHXPDWLVFKHQ )|UGHUDQODJHQ 'UXFNOXIWOHLWXQJHQ Rb QXU DQJH |
|—|—|
ZHQGHWZHUGHQZHQQVLFKHUJHVWHOOWLVWGDVVGLH5RKUOHLWXQJVDQODJHLP%UDQGIDOODEJHVFKDO
WHWZLUG
'LH 9HUKLQGHUXQJ GHU %UDQGEHUWUDJXQJ EHU GLH 0HGLHQ LQ GHQ 5RKUOHLWXQJHQ GLH 9HU
KLQGHUXQJGHV$XVWUHWHQVJHIlKUOLFKHU)OVVLJNHLWHQRGHU*DVHEHL=HUVW|UXQJGHU/HLWXQJHQ
XQWHU %UDQGHLQZLUNXQJ XQG GLH 9HUKLQGHUXQJ YRQ =HUVW|UXQJHQ DQ GHQ DQJUHQ]HQGHQ
UDXPDEVFKOLHHQGHQ %DXWHLOHQ VRZLH DQ GHQ 5RKUOHLWXQJHQ VHOEVW KHUYRUJHUXIHQ GXUFK
WHPSHUDWXUEHGLQJWH=ZlQJXQJVNUlIWHVLQGPLWGLHVHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJQLFKW
QDFKJHZLHVHQ’LHVHQ5LVLNHQLVWGXUFK$QRUGQXQJJHHLJQHWHU0DQDKPHQEHLGHU.RQ]HS
WLRQE]ZEHLGHU,QVWDOODWLRQGHU5RKUOHLWXQJHQ5HFKQXQJ]XWUDJHQ
|
.DEHOXQG.DEHOWUDJHNRQVWUXNWLRQHQ |
| : HUNVWRIIHXQG$EPHVVXQJHQGHU.DEHO |
|
| 'XUFKGLH]XYHUVFKOLHHQGH%DXWHLO |
IIQXQJGUIHQ.DEHODOOHU$UWHQ DXFK/LFKWZHOOHQOHLWHU |
| KLQGXUFKJHIKUWVHLQZHUGHQVRIHUQVLHLP,QQHUQNHLQH+RKOUlXPHDXIZHLVHQ’HU$XHQ |
|
| GXUFKPHVVHU GHU .DEHO GDUI PD[LPDO ePP EHWUDJHQ 'LH *U |
H GHV *HVDPWOHLWHUTXHU |
| VFKQLWWVGHVHLQ]HOQHQ.DEHOVLVWQLFKWEHJUHQ]W |
|
9HUOHJXQJVDUWHQGHU.DEHO
|
'LH.DEHOGUIHQDXHUKDOEGHV’XUFKIKUXQJVEHUHLFKHVDXI.DEHOWUDJHNRQVWUXNWLRQHQYHU |
| OHJWVHLQ’LH.DEHOWUDJHNRQVWUXNWLRQHQ .DEHOULQQHQSULWVFKHQOHLWHUQ GUIHQQLFKWGXUFK |
|
| GLH]XYHUVFKOLHHQGH%DXWHLO |
IIQXQJKLQGXUFKJHIKUWZHUGHQ |
|
+RKOOHLWHUNDEHO |
| — |
— |
|
$EZHLFKHQG]X$EVFKQLWWGUIHQGLHQDFKIROJHQGEHVFKULHEHQHQ+RKOOHLWHUNDEHOGXUFK |
| GLH%DXWHLO |
IIQXQJIKUHQ |
| D 7\SHQ (: (: (: /‘)$ XQG /’)$ GHU )LUPD $QGUHZ |
|
,OOLQRLV 86$
E 7\SHQ ( ( ( (3 /&)e-$ XQG /&)- GHU )LUPD
5)6+DQQRYHU
'LH+RKOOHLWHUNDEHOYRP7\S(PVVHQEHLGVHLWLJGHU$EVFKRWWXQJYROOVWlQGLJPLWGHQ
0LQHUDOZROOH6FKDOHQJHPl$EVFKQLWWLVROLHUWGXUFKGLHDQGDV%DXWHLODQJUHQ]HQGHQ
%UDQGDEVFKQLWWHKLQGXUFKJHIKUWZHUGHQ V$EVFKQLWW
| e |
7HFKQLVFKH%HVWLPPXQJHQIUGLH$XVIKUXQJGHU/HLWXQJVDQODJHQXQGGLH=XOlVVLJNHLWYRQ/HLWXQJVGXUFKIKUXQ |
| JHQEOHLEHQXQEHUKUW |
|
|
.DEHOPLWPHWDOOLVFKHQRGHUQLFKWPHWDOOLVFKHQHOHNWULVFKHQRGHURSWLVFKHQ/HLWHUQMHGRFK]%NHLQH+RKOOHLWHURGHU |
| — |
— |
| .RD[LDONDEHOPLWKRKOHP,QQHQOHLWHUE]ZPLW/XIWLVROLHUXQJ |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
|
.XQVWVWRIIURKUH |
| 'LH 5RKUH PVVHQ DXV ZHLFKPDFKHUIUHLHP 3RO\YLQ\OFKORULG 39&8 QDFK ',1e |
|
| EHVWHKHQXQGHLQHQ5RKUDXHQGXUFKPHVVHUELVPPXQGMHZHLOVHLQH5RKUZDQGVWlUNH |
|
YRQPPDXIZHLVHQ
'LH 5RKUH PVVHQ IU 5RKUOHLWXQJVDQODJHQ IU QLFKWEUHQQEDUH )OVVLJNHLWHQ XQG IU QLFKW
EUHQQEDUH *DVH PLW $XVQDKPH YRQ /IWXQJVOHLWXQJHQ IU 5RKUSRVWOHLWXQJHQ )DKUURKUH
RGHUIU6WDXEVDXJOHLWXQJHQEHVWLPPWVHLQ
'LH5RKUHPVVHQVHQNUHFKW]XU%DXWHLOREHUIOlFKHDQJHRUGQHWVHLQ
6RQGHUGXUFKIKUXQJHQYRQ5RKUHQ±]%6FKUlJGXUFKIKUXQJRGHU0HKUIDFKGXUFKIKUXQJ
YRQ5RKUHQ±VLQGPLWGLHVHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJQLFKWQDFKJHZLHVHQ
|
0HWDOOURKUH |
| 'LH5RKUHGUIHQDXV6WDKO(GHOVWDKO6WDKOJXVVRGHUDXV.XSIHUEHVWHKHQ |
|
|
'LH5RKUHPVVHQHLQHQ5RKUDXHQGXUFKPHVVHUELVePPXQG5RKUZDQGVWlUNHQYRQ |
| — |
— |
| PPDXIZHLVHQ |
|
| 'LH5RKUHPVVHQIU5RKUOHLWXQJVDQODJHQIUQLFKWEUHQQEDUHRGHUEUHQQEDUH)OVVLJNHLWHQ |
|
| RGHU *DVH PLW $XVQDKPH YRQ /IWXQJVOHLWXQJHQ IU 5RKUSRVWOHLWXQJHQ )DKUURKUH RGHU |
|
IU6WDXEVDXJOHLWXQJHQEHVWLPPWVHLQ
'LH 5RKUH PVVHQ EHLGVHLWLJ GHU $EVFKRWWXQJ YROOVWlQGLJ PLW GHQ 0LQHUDOZROOH6FKDOHQ
JHPl$EVFKQLWWLVROLHUWGXUFKGLHDQGDV%DXWHLODQJUHQ]HQGHQ%UDQGDEVFKQLWWHKLQ
GXUFKJHIKUWZHUGHQ V$EVFKQLWW
'LH5RKUHPVVHQVHQNUHFKW]XU%DXWHLOREHUIOlFKHDQJHRUGQHWVHLQ
| | $EVWlQGH$UEHLWVUlXPHLQQHUKDOEGHU%DXWHLO|IIQXQJ |
|—|—|
| | 'LH $EVWlQGH $UEHLWVUlXPH ]ZLVFKHQ GHQ ,QVWDOODWLRQHQ XQG GHQ gIIQXQJVODLEXQJHQ |
PVVHQPLQGHVWHQVPPEHWUDJHQ V$QODJH
|
+DOWHUXQJHQ 8QWHUVWW]XQJHQ |
| 'LH%HIHVWLJXQJGHU/HLWXQJHQ.DEHOWUDJHNRQVWUXNWLRQHQPXVVDQGHQXPJHEHQGHQ%DXWHL |
|
| OHQ]XEHLGHQ6HLWHQGHVIHXHUZLGHUVWDQGVIlKLJHQ%DXWHLOVQDFK GHQHLQVFKOlJLJHQ5HJHOQ |
|
| HUIROJHQ 'LH %HIHVWLJXQJ PXVV VR DXVJHELOGHW VHLQ GDVV LP %UDQGIDOO HLQH ]XVlW]OLFKH |
|
| PHFKDQLVFKH%HDQVSUXFKXQJGHU$EVFKRWWXQJQLFKWDXIWUHWHQNDQQ |
|
| %HL GHU (UULFKWXQJ GHU $EVFKRWWXQJ LQ :lQGH PVVHQ VLFK GLH HUVWHQ +DOWHUXQJHQ 8QWHU |
|
| VWW]XQJHQ GHU,QVWDOODWLRQHQEHLGVHLWLJGHU: DQGLP$EVWDQGFPEHILQGHQ |
|
| 'LH+DOWHUXQJHQPVVHQLQLKUHQZHVHQWOLFKHQ7HLOHQQLFKWEUHQQEDUVHLQ |
|
|
9RUDXVVHW]XQJHQIUGLH(UULFKWXQJGHU$EVFKRWWXQJ |
| — |
— |
|
$OOJHPHLQHV |
| 'LHIUGLH(UULFKWXQJGHU$EVFKRWWXQJ]XYHUZHQGHQGHQ%DXSURGXNWHPVVHQYHUZHQGEDU |
|
| VHLQLP6LQQHGHU%HVWLPPXQJHQ]XGHQMHZHLOLJHQ%DXSURGXNWHQLQGHUMHZHLOLJHQ/DQGHV |
|
EDXRUGQXQJ
'LH (UULFKWXQJ GHU $EVFKRWWXQJ PXVV JHPl GHU (LQEDXDQOHLWXQJ GHV $QWUDJVWHOOHUV
V$EVFKQLWW HUIROJHQ’LHIUGLH%DXVWRIIH%DXSURGXNWHDQJHJHEHQHQ9HUDUEHLWXQJV
EHGLQJXQJHQVLQGHLQ]XKDOWHQ
(V LVW VLFKHU]XVWHOOHQ GDVV GXUFK GLH (UULFKWXQJ GHU $EVFKRWWXQJ GLH 6WDQGVLFKHUKHLW GHV
DQJUHQ]HQGHQ%DXWHLOV±DXFKLP%UDQGIDOO±QLFKWEHHLQWUlFKWLJWZLUG
|
(LQEDXDQOHLWXQJ |
|
'HU$QWUDJVWHOOHUGLHVHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJKDWMHGHP$QZHQGHUQHEHQHLQHU |
| .RSLHGHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJHLQH(LQEDXDQOHLWXQJ]XU9HUIJXQJ]XVWHOOHQ |
|
|
',1e |
5RKUHDXVZHLFKPDFKHUIUHLHP3RO\YLQ\OFKORULG 39&8 0DH |
|
5RKUDXHQGXUFKPHVVHU G$ XQG 5RKUZDQGVWlUNH V 1HQQZHUWH QDFK GHQ 1RUPHQ E]Z DOOJHPHLQHQ |
|
| EDXDXIVLFKWOLFKHQ=XODVVXQJHQ |
|
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHeYRQ_$SULO |
| — |
— |
|
|
GLH HU LQ hEHUHLQVWLPPXQJ PLW GLHVHU DOOJHPHLQHQ %DXDUWJHQHKPLJXQJ HUVWHOOW KDW XQG GLH
DOOH ]XU 0RQWDJH XQG ]XU 1XW]XQJ HUIRUGHUOLFKHQ 'DWHQ 0DJDEHQ XQG +LQZHLVH HQWKlOW
]%
− $UWXQG0LQGHVWGLFNHQGHU%DXWHLOHLQGHQHQGLH$EVFKRWWXQJHUULFKWHWZHUGHQGDUI±EHL
IHXHUZLGHUVWDQGVIlKLJHQOHLFKWHQ7UHQQZlQGHQDXFKGHQ$XIEDXXQGGLH%HSODQNXQJ
− $UWXQG$EPHVVXQJHQGHU,QVWDOODWLRQHQGLHGXUFKGLH]XYHUVFKOLHHQGH%DXWHLO|IIQXQJ
IKUHQE]ZJHIKUWZHUGHQGUIHQ
− *UXQGVlW]H IU GLH (UULFKWXQJ GHU $EVFKRWWXQJ PLW $QJDEHQ EHU GLH GDIU ]X YHUZHQ
GHQGHQ%DXSURGXNWH
− +LQZHLVH]XU$XIVWHOOXQJGHU.XQVWVWRIIURKUH $QJDEHQ]X5RKUZHUNVWRIIHQ5RKUDXHQ
GXUFKPHVVHU5RKUZDQGGLFNH
− +LQZHLVHDXI]XOlVVLJH,VROLHUXQJHQXQG$XIVWHOOXQJGHU0HWDOOURKUH $QJDEHQ]X5RKU
ZHUNVWRIIHQ 5RKUDXHQGXUFKPHVVHU 5RKUZDQGGLFNH VRZLH $QJDEHQ ]X ,VROLHUGLFNHQ
XQGOlQJHQ
− $QZHLVXQJHQ]XU(UULFKWXQJGHU$EVFKRWWXQJXQG+LQZHLVH]XQRWZHQGLJHQ$EVWlQGHQ
− +LQZHLVHDXI]XOlVVLJH9HUDQNHUXQJVRGHU%HIHVWLJXQJVPLWWHO
− +LQZHLVHDXIGLH5HLKHQIROJHGHU$UEHLWVYRUJlQJH
− +LQZHLVHDXI]XOlVVLJHbQGHUXQJHQ ]%1DFKEHOHJXQJ
|
6FKXOXQJ |
|
'HU $QWUDJVWHOOHU GLHVHU DOOJHPHLQHQ %DXDUWJHQHKPLJXQJ PXVV GLH DXVIKUHQGHQ 8QWHU |
| QHKPHQ (UULFKWHU EHU GLH %HVWLPPXQJHQ GLHVHU DOOJHPHLQHQ %DXDUWJHQHKPLJXQJ XQWHU |
|
| ULFKWHQ VFKXOHQ XQG LKQHQ LQ VWlQGLJHP (UIDKUXQJVDXVWDXVFK ]XU 9HUIJXQJ VWHKHQ 'LH |
|
| DXVIKUHQGHQ 8QWHUQHKPHQ PVVHQ ]X GLHVHP =ZHFN PLW GHP $QWUDJVWHOOHU LQ .RQWDNW |
|
| WUHWHQ 'HU $QWUDJVWHOOHU KDW HLQH /LVWH GHU 8QWHUQHKPHQ ]X IKUHQ GLH DXIJUXQG VHLQHU |
|
| 8QWHUZHLVXQJHQDXVUHLFKHQGH)DFKNHQQWQLVVHEHVLW]HQGHQ*HQHKPLJXQJVJHJHQVWDQG]X |
|
| HUULFKWHQ 'LHVH /LVWH LVW GHP 'HXWVFKHQ ,QVWLWXW IU %DXWHFKQLN YRU]XOHJHQ bQGHUXQJHQ |
|
GDUDQVLQGLKPPLW]XWHLOHQ
|
%HVWLPPXQJHQIUGLH$XVIKUXQJ |
|
$OOJHPHLQHV |
| 9RUGHP9HUVFKOXVVGHU5HVW |
IIQXQJLVWLQMHGHP)DOO]XNRQWUROOLHUHQREGLH%HOHJXQJGHU |
| $EVFKRWWXQJGHQ%HVWLPPXQJHQGHV$EVFKQLWWVHQWVSULFKW |
|
| 9RUGHU(UULFKWXQJGHU$EVFKRWWXQJVLQGGLH%DXWHLOODLEXQJHQ]XUHLQLJHQ |
|
| %HL GHU %HIHVWLJXQJ GHU 5DKPHQ E]Z GHU 6WDKOEOHFKNlVWHQ PLW 'EHOQ VLQG GLH IU GLH |
|
'EHOJHIRUGHUWHQ5DQGDEVWlQGHHLQ]XKDOWHQ
|
5DKPHQ |
|
%HLGHU(UULFKWXQJGHU$EVFKRWWXQJLQOHLFKWHQ7UHQQZlQGHQLVW±VRIHUQNHLQ5DKPHQQDFK |
| $EVFKQLWWDQJHRUGQHWZXUGH±LQQHUKDOEGHU5RKEDX |
IIQXQJHLQXPODXIHQGHU5DKPHQ |
| GHVVHQ %UHLWH GHU : DQGGLFNH HQWVSUHFKHQ PXVV DXV PLQGHVWHQV PP GLFNHQ QLFKW |
|
| EUHQQEDUHQ%DXSODWWHQJHPl$EVFKQLWWDQ]XRUGQHQ |
|
|
9HUVFKOXVVGHU%DXWHLO |
| — |
— |
| %HL GHU (UULFKWXQJ GHU $EVFKRWWXQJ LQ :lQGHQ PXVV HLQ 5DKPHQ (LQ]HO RGHU .RPELQD |
|
| WLRQVUDKPHQ JHPl $EVFKQLWW LQ GLH :DQG HLQJHVHW]W XQG EHU GHQ 5DKPHQIODQVFK |
|
| PLW GHP %DXWHLO YHUVFKUDXEW ZHUGHQ ,Q 0DVVLYZlQGHQ NDQQ GHU 5DKPHQ ZDKOZHLVH DXFK |
|
| PLWGHU: DQGIOlFKHEQGLJ±GHP5DKPHQIODQVFKQDFKLQQHQ±PLW%DXVWRIIHQJHPl$E |
|
| VFKQLWWHLQEHWRQLHUWE]ZHLQJHP |
UWHOWZHUGHQ V$QODJH |
| $XI GHU GHP 5DKPHQ JHJHQEHUOLHJHQGHQ :DQGVHLWH LVW HLQ HQWVSUHFKHQG GHU *U |
H GHV |
| 5DKPHQV SDVVHQGHU 6WDKOEOHFKNDVWHQ JHPl $EVFKQLWW EHU GHQ )ODQVFK PLW GDIU |
|
| JHHLJQHWHQ6FKUDXEHQ0XQGJJI’EHOQDP%DXWHLO]XEHIHVWLJHQ V$QODJH |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
|
%HLGHU(UULFKWXQJGHU$EVFKRWWXQJLQ:lQGHQPLWHLQHU’LFNH!FPGDUIZDKOZHLVHDXI |
| GLH$QRUGQXQJGHV6WDKOEOHFKNDVWHQVYHU]LFKWHWZHUGHQ V$EVFKQLWW |
|
|
'LH:DKOGHUJJIYHUVFKLHGHQJURHQ3DFNVWFNHQDFK$EVFKQLWWPXVVVRHUIROJHQ |
| — |
— |
| GDVVMHGHV.DEHOE]Z5RKUGLFKWXPVFKORVVHQXQGGHU5DKPHQYROOVWlQGLJGDPLWDXVJHIOOW |
|
| ZLUG’LHIUGLH3DFNVWFNH]XOlVVLJHQ.DEHOE]Z5RKUTXHUVFKQLWWHVLQGGHUDOOJHPHLQHQ |
|
| EDXDXIVLFKWOLFKHQ=XODVVXQJ1U=]XHQWQHKPHQ |
|
|
'LH+DOEVFKDOHQGHU3DFNVWFNHVLQGVRHLQ]XEDXHQGDVVGLH)XJHQLQIROJHGHUHQWVWHKHQ |
| — |
— |
| GHQ 4XHUGHKQXQJ EHLP =XVDPPHQSUHVVHQ PLW GHU .RPSUHVVLRQVHLQULFKWXQJ GLFKW |
|
JHVFKORVVHQZHUGHQ
|
'LH$QNHUVFKHLEH]XU$EOHLWXQJPHFKDQLVFKHU%HODVWXQJHQDXVGHQ.DEHOQE]Z5RKUHQDXI |
| GHQ5DKPHQGDUIQLFKWYHUNDQWHWZHUGHQ |
|
|
'LH.RPSUHVVLRQVHLQULFKWXQJLVW]ZLVFKHQ5DKPHQREHUNDQWHXQG3DFNVWFNHQHLQ]XVHW]HQ |
| — |
— |
| V$QODJH 6LH PXVV PLW +LOIH GHU ]ZHL 'UXFNVFKUDXEHQ VHQNUHFKW ]XU 6FKRWWHEHQH VR |
|
| IHVWYHUSUHVVWZHUGHQGDVVDOOHgIIQXQJHQXQG)XJHQLQIROJHGHUGDEHLHQWVWHKHQGHQ4XHU |
|
GHKQXQJGLFKWYHUVFKORVVHQZHUGHQ
|
'HULQGHU:DQGXQGLP6WDKOEOHFKNDVWHQJHPl$EVFKQLWWYHUEOHLEHQGH+RKOUDXP |
| ]ZLVFKHQ GHQ .DEHOQ E]Z 5RKUHQ LVW PLW 0LQHUDOZROOH JHPl $EVFKQLWW YROOVWlQGLJ |
|
XQGIHVWDXV]XVWRSIHQ
|
6RIHUQ EHL GHU (UULFKWXQJ GHU $EVFKRWWXQJ LQ :lQGHQ PLW HLQHU 'LFNH !FP DXI GLH |
| $QRUGQXQJ GHV 6WDKOEOHFKNDVWHQV YHU]LFKWHW ZLUG LVW GHU YHUEOHLEHQGH+RKOUDXP ]ZLVFKHQ |
|
| GHQ.DEHOQXQG5RKUHQVRZLH]ZLVFKHQGHQ.DEHOQE]Z5RKUHQXQGGHU%DXWHLOODLEXQJLQ |
|
| %DXWHLOGLFNHPLW0LQHUDOZROOHJHPl$EVFKQLWWYROOVWlQGLJXQGIHVWDXV]XVWRSIHQ’HU |
|
| $EVWDQGJHPl$EVFKQLWWLVWHLQ]XKDOWHQ V$QODJH |
|
|
'LH 0LQHUDOZROOH LVW PLW HLQHP 'UDKWQHW] 0DVFKHQEUHLWH PP[PP JHJHQ +HUDXV |
| — |
— |
| IDOOHQ]XVLFKHUQ V$QODJH |
|
|
:DKOZHLVH GUIHQ HLQ]HOQH 5DKPHQ RKQH %HOHJXQJ PLW HLQHU $EGHFNSODWWH QDFK $E |
| — |
— |
| VFKQLWW YHUVFKORVVHQ XQG GHU YHUEOHLEHQGH +RKOUDXP LQ GHU :DQG PLW 0LQHUDOZROOH |
|
| JHPl$EVFKQLWWYROOVWlQGLJIHVWDXVJHVWRSIWZHUGHQ V$QODJH |
|
|
6RIHUQDXIGHUGHP5DKPHQDEJHZDQGWHQ6HLWHNHLQPLW0LQHUDOZROOHDXVJHVWRSIWHU6WDKO |
| — |
— |
| EOHFKNDVWHQ DQJHRUGQHW ZLUG LVW GRUW HLQ 6WDKOEOHFKGHFNHO QDFK $EVFKQLWW VR PLW GHU |
|
| : DQG]XYHUVFKUDXEHQGDVVHUGLHgIIQXQJYROOVWlQGLJYHUGHFNW V$QODJH |
|
|
0DQDKPHQDQ+RKOOHLWHUNDEHOQ |
| — |
— |
|
'LH +RKOOHLWHUNDEHO YRP 7\S ( JHPl $EVFKQLWW PVVHQ EHLGVHLWLJ GHU $E |
| VFKRWWXQJYROOVWlQGLJPLWGHQ0LQHUDOZROOH6FKDOHQJHPl$EVFKQLWWLVROLHUWGXUFKGLH |
|
| DQ GDV %DXWHLO DQJUHQ]HQGHQ %UDQGDEVFKQLWWH KLQGXUFKJHIKUW ZHUGHQ 'LH 0LQHUDOZROOH |
|
| 6FKDOHQ VLQG PLW 5 |
GHOGUDKW ]XVDPPHQ]XKDOWHQ 'HU $EVWDQG GHU %HIHVWLJXQJ PXVV |
FDFPEHWUDJHQ V$QODJH
|
0DQDKPHQDQ0HWDOOURKUHQ |
|
'LH 0HWDOOURKUH JHPl $EVFKQLWW PVVHQ EHLGVHLWLJ GHU $EVFKRWWXQJ YROOVWlQGLJ PLW |
| GHQ 0LQHUDOZROOH6FKDOHQ JHPl $EVFKQLWW LVROLHUW GXUFK GLH DQ GDV %DXWHLO DQJUHQ |
|
| ]HQGHQ%UDQGDEVFKQLWWHKLQGXUFKJHIKUWZHUGHQ’LH0LQHUDOZROOH6FKDOHQVLQGPLW5 |
GHO |
| GUDKW ]XVDPPHQ]XKDOWHQ 'HU $EVWDQG GHU %HIHVWLJXQJ PXVV FD FP EHWUDJHQ V$Q |
|
ODJH
|
.HQQ]HLFKQXQJGHU$EVFKRWWXQJ |
|
-HGH$EVFKRWWXQJQDFKGLHVHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJLVWYRP(UULFKWHUPLWHLQHP |
| 6FKLOGGDXHUKDIW]XNHQQ]HLFKQHQGDVIROJHQGH$QJDEHQHQWKDOWHQPXVV |
|
| − )HXHUZLGHUVWDQGVIlKLJH $EVFKRWWXQJ IU HOHNWULVFKH /HLWXQJHQ XQGRGHU 5RKUOHLWXQJHQ |
|
| DXV0HWDOORGHU.XQVWVWRII5R[WHF6\VWHP%*: %*( |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
|
|
| 1U= |
6HLWHYRQ_$SULO |
| — |
— |
|
|
QDFKD%*1U=
)HXHUZLGHUVWDQGVIlKLJNHLWIHXHUEHVWlQGLJ
− 1DPHGHV(UULFKWHUVGHU$EVFKRWWXQJ
− 0RQDW-DKUGHU(UULFKWXQJ
'DV6FKLOGLVWMHZHLOVQHEHQGHU$EVFKRWWXQJDQGHU: DQG]XEHIHVWLJHQ
|
hEHUHLQVWLPPXQJVHUNOlUXQJ |
|
'HU8QWHUQHKPHU (UULFKWHU GHUGLH$EVFKRWWXQJ *HQHKPLJXQJVJHJHQVWDQG HUULFKWHWRGHU |
| bQGHUXQJHQDQGHU$EVFKRWWXQJYRUQLPPW ]%1DFKEHOHJXQJ PXVVIUMHGHV%DXYRUKD |
|
| EHQ HLQH hEHUHLQVWLPPXQJVHUNOlUXQJ DXVVWHOOHQ PLW GHU HU EHVFKHLQLJW GDVV GLH YRQ LKP |
|
| HUULFKWHWH $EVFKRWWXQJ GHQ %HVWLPPXQJHQ GLHVHU DOOJHPHLQHQ %DXDUWJHQHKPLJXQJ HQW |
|
| VSULFKW HLQ 0XVWHU IU GLHVH (UNOlUXQJ V$QODJH 'LHVH (UNOlUXQJ LVW GHP %DXKHUUQ ]XU |
|
| JJIHUIRUGHUOLFKHQ: HLWHUOHLWXQJDQGLH]XVWlQGLJH%DXDXIVLFKWVEHK |
UGHDXV]XKlQGLJHQ |
|
%HVWLPPXQJHQIUGLH1XW]XQJ |
| | $OOJHPHLQHV |
| | %HL MHGHU $XVIKUXQJ GHU $EVFKRWWXQJ KDW GHU 8QWHUQHKPHU (UULFKWHU GHQ $XIWUDJJHEHU |
VFKULIWOLFKGDUDXIKLQ]XZHLVHQGDVVGLH%UDQGVFKXW]ZLUNXQJGHU$EVFKRWWXQJDXIGLH’DXHU
QXU VLFKHUJHVWHOOW LVW ZHQQ GLH $EVFKRWWXQJ VWHWV LQ RUGQXQJVJHPlHP =XVWDQG JHKDOWHQ
XQG QDFK HYWO YRUJHQRPPHQHU %HOHJXQJVlQGHUXQJ GHUEHVWLPPXQJVJHPlH =XVWDQG GHU
$EVFKRWWXQJZLHGHUKHUJHVWHOOWZLUG
,PhEULJHQJHOWHQGLH%HVWLPPXQJHQJHPl$EVFKQLWW
|
%HVWLPPXQJHQIUGLH1DFKEHOHJXQJ |
|
)U 1DFKEHOHJXQJHQ GUIHQ gIIQXQJHQ KHUJHVWHOOW ZHUGHQ ]% GXUFK / |
| VFKUDXEHQVRIHUQGLH%HOHJXQJGHU$EVFKRWWXQJGLHVJHVWDWWHW V$EVFKQLWW |
|
|
1DFK GHU 1DFKEHOHJXQJ PLW /HLWXQJHQ JHPl $EVFKQLWW LVW GHU EHVWLPPXQJVJHPlH |
| — |
— |
| =XVWDQGGHU$EVFKRWWXQJZLHGHUKHU]XVWHOOHQ V$EVFKQLWW |
|
| 0DQXHOD%HUQKRO] |
%HJODXELJW |
| 5HIHUDWVOHLWHULQ |
+HUVFKHOPDQQ |
| =e |
|
| $OOJHPHLQH%DXDUWJHQHKPLJXQJ |
|
1U=YRP$SULO
$QVLFKW6FKQLWW %HLVSLHO
| 'HWDLO,VROLHUXQJJHPlGHQ$EVFKQLWWHQ |
'HWDLO$EGHFNSODWWHJHPl$EVFKQLWW |
| XQG |
|
| 'HWDLO’UDKWQHW]JHPl$EVFKQLWW |
'HWDLO’UDKWQHW]JHPl$EVFKQLWW |
| )HXHUZLGHUVWDQGVIlKLJH$EVFKRWWXQJIUHOHNWULVFKH/HLWXQJHQXQGRGHU5RKUOHLWXQJHQ | |
| DXV.XQVWVWRIIRGHU0HWDOO5R[WHF6\VWHP%:%( | |
$QODJH
$QODJH
$QODJH
$QODJH
$QODJH
$QODJH
$1+$1*±$XIEDXGHU$EVFKRWWXQJ
52;7(&5DKPHQ7\S*
(LQEDXYDULDQWH52;7(&5DKPHQ7\S*
.RPSUHVVLRQVHLQULFKWXQJXQG$QNHUVFKHLEH
6WDKOEOHFKNDVWHQ
3DFNVWFNH500RGXOH
52;7(&5DKPHQ7\S%
(UULFKWXQJLQ:lQGHQ $QVLFKW6FKQLWW’HWDLOV
$OOJHPHLQH%DXDUWJHQHKPLJXQJ
1U=YRP$SULO
hEHUHLQVWLPPXQJVHUNOlUXQJ
− 1DPHXQG$QVFKULIWGHV8QWHUQHKPHQVGDVGLH$EVFKRWWXQJ HQ *HQHKPLJXQJVJHJHQVWDQG HUULFKWHWKDW
− %DXVWHOOHE]Z*HElXGH
− 'DWXPGHU(UULFKWXQJ
− JHIRUGHUWH)HXHUZLGHUVWDQGVIlKLJNHLW
+LHUPLWZLUGEHVWlWLJWGDVV
− GLH$EVFKRWWXQJ HQ ]XU(UULFKWXQJLQ: lQGHQ XQG’HFNHQ GHU)HXHUZLGHUVWDQGVIlKLJNHLWKLQVLFKWOLFK
DOOHU(LQ]HOKHLWHQIDFKJHUHFKWXQGXQWHU(LQKDOWXQJDOOHU%HVWLPPXQJHQGHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJ
1U=GHV’HXWVFKHQ,QVWLWXWVIU%DXWHFKQLNYRP XQGJJIGHU%HVWLPPXQJHQGHUbQGHUXQJV
XQG(UJlQ]XQJVEHVFKHLGHYRP HUULFKWHWVRZLHJHNHQQ]HLFKQHWZXUGH Q XQG
− GLH IU GLH (UULFKWXQJ GHV *HQHKPLJXQJVJHJHQVWDQGV YHUZHQGHWHQ %DXSURGXNWH HQWVSUHFKHQG GHQ
%HVWLPPXQJHQGHUDOOJHPHLQHQ%DXDUWJHQHKPLJXQJJHNHQQ]HLFKQHWZDUHQ
|
BBBBBBBB |
|
1LFKW]XWUHIIHQGHVVWUHLFKHQ |
|
|
2UW’DWXP )LUPD8QWHUVFKULIW
'LH%HVFKHLQLJXQJLVWGHP%DXKHUUQ]XUJJIHUIRUGHUOLFKHQ: HLWHUJDEHDQGLH]XVWlQGLJH%DXDXIVLFKWVEHK|UGH
DXV]XKlQGLJHQ
| )HXHUZLGHUVWDQGVIlKLJH$EVFKRWWXQJIUHOHNWULVFKH/HLWXQJHQXQGRGHU5RKUOHLWXQJHQ |
|
| DXV.XQVWVWRIIRGHU0HWDOO5R[WHF6\VWHP%:%( |
|
| $QODJH |
|
$1+$1*±0XVWHUIUGLHhEHUHLQVWLPPXQJVHUNOlUXQJ