5pIULJpUDWLRQ
3RXUREWHQLUOHPHLOOHXUUHQGHPHQWGXFRPSDUWLPHQW
UpIULJpUDWHXU
QLQWURGXLVH] SDV GDOLPHQWV HQFRUHFKDXGV RX GH
OLTXLGHVHQpYDSRUDWLRQGDQVODFXYH
FRXYUH] OHV DOLPHQWV VXUWRXW VLOV VRQW
DURPDWLTXHV
SODFH] OHV GHQUpHV GHIDoRQ j FH TXH ODLU SXLVVH
FLUFXOHUWRXWDXWRXU
0LVHHQVHUYLFH
%UDQFKH]ODSULVHGHFRXUDQWHWRXYUH]ODSRUWH
7RXUQH]OH ERXWRQ GXWKHUPRVWDW GDQV OHVHQV GHV
DLJXLOOHVGXQHPRQWUHDXGHOjGHODSRVLWLRQ©2ª
DUUrW /DSSDUHLO HVW DLQVL HQ pWDW GH
IRQFWLRQQHPHQW
5pJODJHGHODWHPSpUDWXUH
/DWHPSpUDWXUH HVW UpJOpH DXWRPDWLTXHPHQW HW SHXW
rWUHDXJPHQWpH PRLQV IURLG HQ WRXUQDQW OH ERXWRQ
YHUVOHVQXPpURVOHVSOXVEDVRXELHQGLPLQXpHSOXV
IURLGHQOHWRXUQDQWYHUVOHVQXPpURVOHVSOXV
pOHYpV(QWRXWFDV,H[DFWHSRVLWLRQGRLWrWUH
UHSpUpHHQ FRQVLGpUDQW TXHODWHPSpUDWXUH LQWHUQH
GpSHQGGHVIDFWHXUVVXLYDQWV
WHPSpUDWXUHDPELDQWH
IUpTXHQFHGRXYHUWXUHGHVSRUWHV
TXDQWLWpGDOLPHQWVFRQVHUYpV
HPSODFHPHQWGHODSSDUHLO
8QHSRVLWLRQPR\HQQHHVWODSOXVLQGLTXpH
3RXUDUUrWHUOHIRQFWLRQQHPHQWSODFH]OLQGLFDWHXUGX
ERXWRQHQFRUUHVSRQGDQFHGXV\PEROH©2ª
$WWHQWLRQ
6LOHWKHUPRVWDWHVWUpJOpVXUODSRVLWLRQGH
IURLGPD[LPXPORUVTXHODWHPSpUDWXUH
DPELDQWHHVWpOHYpHHWTXHODSSDUHLOHVW
SOHLQLOHVWSRVVLEOHTXHOHFRPSUHVVHXU
IRQFWLRQQHHQUpJLPHFRQWLQX
'DQVFHFDV LO \ DXQULVTXH GH IRUPDWLRQ
H[FHVVLYHGHJLYUHVXUODSDURLSRVWpULHXUH
jOLQWpULHXUGHODSSDUHLO
3RXUpYLWHUFHWLQFRQYpQLHQWSODFH]OH
WKHUPRVWDWVXU XQH SRVLWLRQ PRLQV pOHYpH
GH IDoRQ j SHUPHWWUH XQ GpJLYUDJH
DXWRPDWLTXHHW SDU FRQVpTXHQW GHV
pFRQRPLHVGHFRXUDQW
1HWWR\DJHLQWpULHXU
/DSSDUHLOpWDQW FRQYHQDEOHPHQW LQVWDOOp QRXV YRXV
FRQVHLOORQVGHOH QHWWR\HU VRLJQHXVHPHQW DYHFGH
OHDXWLqGHVDYRQQHXVHSRXUHQOHYHUORGHXU
FDUDFWpULVWLTXHGH©QHXIª
1XWLOLVH]SDVGHSURGXLWVDEUDVLIVGH
SRXGUHjUpFXUHUQLGpSRQJHPpWDOOLTXH
TXLULVTXHQWGHQGRPPDJHUOHVILQLWLRQV
7DEOHWWHVDPRYLEOHV
/HVJOLVVLqUHV VH WURXYDQWVXU OHV SDURLV GH OD FXYH
SHUPHWWHQWGH SRVLWLRQQHU OHV WDEOHWWHV j GLIIpUHQWHV
KDXWHXUVVHORQYRVEHVRLQV
3RXUXQHPHLOOHXUHXWLOLVDWLRQGHO¶HVSDFHYRXV
SRXYH]VXSHUSRVHUOHVGHPLWDEOHWWHVDQWpULHXUHVVXU
OHVGHPLWDEOHWWHVSRVWpULHXUHV
3RXUSHUPHWWUH XQH ERQQH FLUFXODWLRQ GH O¶DLU
Q¶HQOHYH]SDVODFOD\HWWH LQIpULHXUH HQYHUUH
DXGHVVXVGXGHVEDFVjOpJXPHVHWOH
EDOFRQQHWSRUWHERXWHLOOH