Page 32 - C:\Users\MK\AppData\Local\Temp\msoE350.tmp

3
$EELJOLDPHQWR URWH]LRQL

7
7XWWL L SUH]]L VRQR FRPSUHQVLYL G¶,9$ XWWL L SUH]]L VRQR FRPSUHQVLYL G¶,9$

/
,QWURGX]LRQH DOOD ³/LQHD $EELJOLDPHQWR´ D -. 6SRUWV KD RWWHQXWR WXWWH OH
HORJLDQGRQH OH FDUDWWHULVWLFKH SULQFLSDOL 8W HUWLILFD]LRQL GL 2PRORJD]LRQH (XURSHD
F
L
YLWDH WHPSRU YHOLW 9LYDPXV DQWH PL VXVFLSLW QHUHQWL OH SURWH]LRQL LQGLYLGXDOL QRUPDWLYH
(
HJHW SRUWD LQ LPSHUGLHW HW SXUXV 9LYDPXV D 1 - - - - - - SHUWDQWR SRVVRQR
QHTXH HJHW HURV PROHVWLH SRVXHUH DW HW XUQD VVHUH XWLOL]]DWH QHOOH FRPSHWL]LRQL XIILFLDOL
H
GL
3URLQ FRQGLPHQWXP DGLSLVFLQJ WHPSXV TXDOVLDVL RUJDQL]]D]LRQH VSRUWLYD TXDOL
D 3URWHJJ 6ORJDQ SULPDULR D ULFKLDPR GHOOD OLQHD HUH LQ TXHVWD SDUROD XQD IRU]D HOHPHQWDUH H
(WLDP DF ORUHP MXVWR XW XOODPFRUSHU HOLW VVROXWD JDUDQ]LD GL VDOYDJXDUGLD
0RUEL DW PDJQD VHP FRORVVDOH XQD WHQVLRQH FRPXQH XQ LVWLQWR DWDYLFR
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼

$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
$UW
-XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H
SHVR PHGLR PT
$57 *XDQWLQL .DUDWH (OLWH PRG :.) LQ SDQJROLQR QDSSDWR LQ YDUL FRORUL H PLVXUH - RPRORJDWL ¼ ¼

$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
3DUD $YDPEUDFFLR WHVVXWR HODVWLFL]]DWR ELDQFR GL YDULH PLVXUH - LPERWWLWXUD LQWHUQD ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL .LFN 3XJLODWR MXQLRU R= LQ VLPLOSHOOH ELDQFKL GL YDULH PLVXUH - LPERWWLWL DQWLVKRFN ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 00$ LQ SHOOH QDWXUDOH QHUD - PLVXUH 0 _ / FRQ FKLXVXUD LQ YHOFUR ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 6HPLFRQWDFW LQ PRUELGR SDQJROLQR LQ YDUL FRORUL H PLVXUH - LPERWWLWL DQWLVKRFN ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL (VFULPD LQ SHOOH GL YLWHOOR ELFRORUH - LPERWWLWXUH LQWHUQH - SROOLFH SURWHWWR ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL .XQJ )X LQ SDQJROLQR QDSSDWR QHUR SURILODWR LQ URVVR - LPERWWLWXUD DQWLVKRFN ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL .XQJ )X PRG %UXFH /HH LQ SHOOH ELFRORUH LPERWWLWXUD LQWHUQD PLVXUD XQLFD ¼ HVDXULWR
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL -X -LWVX LQ SHOOH GL YLWHOOR LQ YDUL FRORUL PLVXUH 0 _ / LPERWWLWXUD LQWHUQD ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL -HW .XQH 'R LQ SHOOH GL YLWHOOR QHUD PLVXUH 0 _ / LPERWWLWXUD LQWHUQD ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 6KRRW %R[H LQ SHOOH GL YLWHOOR QHUD PLVXUH 0 _ / LPERWWLWXUD LQWHUQD H IDVFLDWXUD ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 6DFFR PRG 0H[LFDQ LQ SHOOH GL YLWHOOR QHUD DQDWRPLFL PLVXUH 6 _ 0 _ / ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 0DNLZDUD )RFXV OLQHDUL SHOOH QDWXUDOH ELFRORUH LPERWWLWXUD LQWHUQD - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
*XDQWL 0DNLZDUD )RFXV FXUYL SHOOH QDWXUDOH ELFRORUH LPERWWLWXUD LQWHUQD - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
&DO]DUL .LFN LQ PRUELGR SDQJROLQR QHUR - DQWLVKRFN PLVXUH 6_0_/_;/ - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
&DO]DUL .LFN $FWLYH LQ SDQJROLQR QHUR - LPERWWLWL DQWLVKRFN PLVXUH 0 _ / - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
7KDL 3DUDWLELD 3HOOH SHU 7KDL %R[H SHOOH QDWXUDOH QHUD LQERWWLWD PLVXUH 0 _ / - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
3DUDWLELD FRQ SLHGH PRG :.) SDQJROLQR DQWLVKRFN LQ YDUL FRORUL H PLVXUH - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
3DUDWLELD FRQ SLHGH HODVWLFL]]DWL LPERWWLWXUD LQWHUQD LQ YDUL FRORUL H PLVXUH - RPRORJDWL ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
3DUDWLELD FRQ SLHGH LQ FRWRQH LPERWWLWXUD DQWLVKRFN FRORUH GRXEOH IDFH PLVXUH 6 _ 0 _ / ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼
3DUDWLELD 6HPSOLFH HODVWLFL]]DWL LPERWWLWXUD DQWLVKRFN FRORUH ELDQFR PLVXUH 0 _ / ¼
$UW -XGRJL OLQHD FXFFLROR ELDQFR FDQGLGR VL]H SHVR PHGLR PT ¼

/,67,12 ,//8675$72 -. 632576 3$*,1$
&$7$/2*2 -. 632576 - 3$*,1$