z ,Q GHU 3URJUDPPZLHGHUJDEH ]HLJHQ 6LH ,KUH 9RUSURJUDPPLHUXQJ PLW
GHU 352*
352*
352*
352*7DVWH ]XU %HDUEHLWXQJ DQ =XU /|VFKXQJ GHU
9RUSURJUDPPLHUXQJ JHKHQ 6LH PLW GHQ 1DYLJDWLRQVWDVWHQ DXI >&/($5
&/($5
&/($5
&/($5@
XQG GUFNHQ GLH 2.
2.
2.
2.7DVWH RGHU GUFNHQ 6LH HLQIDFK GLH 6723
6723
6723
67237DVWH ]XU
%HHQGLJXQJ GHV 3URJUDPPV 'UFNHQ 6LH GLH 3/$<3$86(
3/$<3$86(
3/$<3$86(
3/$<3$86(7DVWH
HUQHXW XP GLH 6HTXHQ] GHU 'LVF ZLHGHU]XJHEHQ
z ,Q GHU 3URJUDPPZLHGHUJDEH ZHUGHQ
µ35* 3/$<¶
VRZLH DNWXHOOH 7LWHO
XQG .DSLWHOQXPPHU DQJH]HLJW
+,1:(,6
+,1:(,6
+,1:(,6
+,1:(,6
9(568&+(1
9(568&+(1
9(568&+(1
9(568&+(1 6,(
6,(
6,(
6,( .(,1(
.(,1(
.(,1(
.(,1( &0
&0
&0
&0 ',6&6
',6&6
',6&6
',6&6 $%=863,(/(1
$%=863,(/(1
$%=863,(/(1
$%=863,(/(1 ',(6(
',(6(
',(6(
',(6( %/(,%(1
%/(,%(1
%/(,%(1
%/(,%(1
,0
,0
,0
,0 /$8):(5.
/$8):(5.
/$8):(5.
/$8):(5. 67(&.(1
67(&.(1
67(&.(1
67(&.(1
'9'
'9'
'9'
'9' )81.7,21(1
)81.7,21(1
)81.7,21(1
)81.7,21(1
:LHGHUJDEH
:LHGHUJDEH
:LHGHUJDEH
:LHGHUJDEH
D
D
D
D %HL '9'¶V GUFNHQ 6LH GLH 3/$<3$86(
3/$<3$86(
3/$<3$86(
3/$<3$86(7DVWH LP 6WDPP RGHU
7LWHOPHQ :lKUHQG GHU '9' :LHGHUJDEH N|QQHQ 6LH ,KUHQ
/LHEOLQJVWLWHO GLUHNW PLW GHU 7,7/(
7,7/(
7,7/(
7,7/(7DVWH ZLHGHUJHEHQ
E
E
E
E %HL 69&' XQG 9&' 'LVFV ZlKOHQ 6LH ,KUH /LHEOLQJVWUDFNV ZlKUHQG GHU
:LHGHUJDEH PLW GHQ =,))(51
=,))(51
=,))(51
=,))(517DVWHQ DXV
+,1:(,6
+,1:(,6
+,1:(,6
+,1:(,6 ,Q
,Q
,Q
,Q 3URJUDPPZLHGHUJDEH
3URJUDPPZLHGHUJDEH
3URJUDPPZLHGHUJDEH
3URJUDPPZLHGHUJDEH RGHU
RGHU
RGHU
RGHU PLW
PLW
PLW
PLW ¶
3&%
3&%
3&%
3&%
¶¶
21
21
21
21
¶ 6WDWXV
6WDWXV
6WDWXV
6WDWXV N
N
N
N|
|
|
|QQHQ
QQHQ
QQHQ
QQHQ
6LH
6LH
6LH
6LH GLH
GLH
GLH
GLH 7UDFNV
7UDFNV
7UDFNV
7UDFNV QXU
QXU
QXU
QXU PLW
PLW
PLW
PLW GHU
GHU
GHU
GHU 6.,3
6.,3
6.,3
6.,3 925
925
925
925 RGHU
RGHU
RGHU
RGHU 5
5
5
5h
h
h
h&.:
&.:
&.:
&.:b
b
b
b5767DVWH
5767DVWH
5767DVWH
5767DVWH
XPVFKDOWHQ
XPVFKDOWHQ
XPVFKDOWHQ
XPVFKDOWHQ
F
F
F
F %HL &'¶V ZlKOHQ 6LH ,KUH /LHEOLQJVWUDFNV ZlKUHQG GHU :LHGHUJDEH PLW
GHQ =,))(51
=,))(51
=,))(51
=,))(517DVWHQ DXV
G
G
G
G %HL 03-3(* 'LVFV ZlKOHQ 6LH ,KUH /LHEOLQJVWUDFNV ZlKUHQG GHU
:LHGHUJDEH PLW GHQ =,))(51
=,))(51
=,))(51
=,))(517DVWHQ LP 9HU]HLFKQLV DXV
+,1:(,6
+,1:(,6
+,1:(,6
+,1:(,6 8QJOWLJH 7UDFNQXPPHUQ ZHUGHQ YHUZRUIHQ
6NLS
6NLS
6NLS
6NLS 9RUZ
9RUZ
9RUZ
9RUZl
l
l
lUWV
UWV
UWV
UWV XQG
XQG
XQG
XQG 6NLS
6NLS
6NLS
6NLS 5
5
5
5
FNZ
FNZ
FNZ
FNZl
l
l
lUWV
UWV
UWV
UWV
D
D
D
D :lKUHQG GHU :LHGHUJDEH ZLUG PLW GHU 6.,3
6.,3
6.,3
6.,3 5
5
5
5h
h
h
h&.:
&.:
&.:
&.:b
b
b
b576
576
576
5767DVWH GHU
YRUKHULJH 7LWHO.DSLWHO7UDFN DEJHVSLHOW PLW GHU 6.,3
6.,3
6.,3
6.,3
925:
925:
925:
925:b
b
b
b576
576
576
5767DVWH GHU QlFKVWH 7LWHO.DSLWHO7UDFN
E
E
E
E )U 69&' XQG 9&' 'LVFV PLW
¶3%&¶
LQ
¶2))¶
6WDWXV ,VW GHU DNWXHOOH
7UDFN GHU HUVWH 7UDFN GDQQ KDOWHQ 6LH PLW GHU 6.,3
6.,3
6.,3
6.,3
5
5
5
5h
h
h
h&.:
&.:
&.:
&.:b
b
b
b576
576
576
5767DVWH GLH :LHGHUJDEH DQ ,VW GHU DNWXHOOH 7UDFN GHU
OHW]WH 7UDFN GDQQ KDOWHQ 6LH PLW GHU 6.,3
6.,3
6.,3
6.,3 925:
925:
925:
925:b
b
b
b576
576
576
5767DVWH GLH
:LHGHUJDEH DQ
F
F
F
F :HJHQ XQWHUVFKLHGOLFKHU '9' (LJHQVFKDIWHQ VLQG QLFKW LPPHU DOOH
)XQNWLRQHQ YHUIJEDU RGHU ZHUGHQ DQGHUV ZLHGHUJHJHEHQ
6FKQHOOHU
6FKQHOOHU
6FKQHOOHU
6FKQHOOHU 9RUODXI
9RUODXI
9RUODXI
9RUODXI XQG
XQG
XQG
XQG 6FKQHOOHU
6FKQHOOHU
6FKQHOOHU
6FKQHOOHU 5
5
5
5
FNODXI
FNODXI
FNODXI
FNODXI
D
D
D
D 0LW GHU 6&+1(//
6&+1(//
6&+1(//
6&+1(// 925/$8)
925/$8)
925/$8)
925/$8)7DVWH VFKDOWHQ 6LH ]ZLVFKHQ