A EST N A2U - BMW Motorrad

#.8.PUPSSBE
CNXNPUPSSBEFT
:"&45/"26
/07&%"%&4
%&4&3*&&/50%04
-04.0%&-04
5FHVTUBDPOEVDJS
4"-&"-"-6;-0
26&--&(""-"
$"33&5&3"
"CSJSOVFWPTDBNJOPT"MDBO[BSOVFWPTEFTUJOPT&YQMPSBSOVFWPTIPSJ[POUFT1BSBMBTNPUPDJDMFUBT#.8TPMPIBZVOB
EJSFDDJ³ODPSSFDUBIBDJBBEFMBOUF5BNCJ©OFOTVEFTBSSPMMP-BQBTJ³OZDVSJPTJEBEDPOTJHVFOOPWFEBEFTRVFBDFMFSBO
FMQVMTPEFQJMPUPTZGBOTEFMNPUPDJDMJTNP$JODPOVFWBTNPUPDJDMFUBT&RVJQBNJFOUPBDUVBMQBSBNPUPSJTUBT:MBOVFWB
DPMFDDJ³O4UZMFEF#.8.PUPSSBE
:BFTU¡OBRV­aEFTDVCS¡NPTMBT
163"-*#&35"%"
13*.&3"7*45"
&TUFFTVOOVFWPDBQ­UVMPEFVOBIJTUPSJBEF©YJUPTRVFWJFOFEFBOUFTDPOMB
3OJOF5#.8.PUPSSBEIBSFEFTDVCJFSUPFM#PYFSVOBWF[N¡T:MPIBSFEVDJEPB
MPFTFODJBM1VSPEJTF±PZQVSBU©DOJDBRVFDPOWJFSUFOMB3OJOF5FOVOOVFWPDM¡TJDP
FOUSFMBTSPBETUFS3FMBKBEBQPTJDJ³OEFMBTJFOUPSPODPTPOJEP#PYFSTPCFSCJBT
DVBMJEBEFTEFNBSDIBFTEFDJSNPUPDJDMJTNPFOFTUBEPQVSP
3OJOF5
.PUPS
.PUPSCJDJM­OESJDP#PYFSEFDVBUSPUJFNQPTSFGSJHFSBEPQPSBJSFBDFJUF
EPT¡SCPMFTEFMFWBTZDVBUSPW¡MWVMBTSBEJBMFTQPSDJMJOESPFKFEF
DPNQFOTBDJ³ODFOUSBM
$JMJOESBEB
贵贵贻贾DN贷
1PUFODJBOPNJOBM
贵贵贾$7B贻费贾贾SQN
1BSN¡YJNP
贵贵贽/NB贺贾贾贾SQN
$BKBEFDBNCJPT5SBOTNJTJ³O
%FTFJTWFMPDJEBEFTTFDVFODJBMDPOEFOUBEPPCMJDVP$BSE¡O
.FEJEBEFMMBOUBEFMBOUFSBUSBTFSB
贷费贾Y贵贻ѷ费费贾Y贵贻ѷ
'SFOPEFMBOUFSPUSBTFSP
'SFOPEFEPTEJTDPT趒PUBOUFT贷贶贾NNEFEJ¡NFUSPQJO[B趑KBEF
贸©NCPMPT'SFOPNPOPEJTDP贶贺费NNEFEJ¡NFUSPQJO[B趒PUBOUF
EFEPT©NCPMPT
贵
1FTPFOWBD­PFOEJTQPTJDJ³OEFNBSDIBDPOFMEFQ³TJUPMMFOP
贶贶贶LH
"MUVSBEFMBTJFOUP
贻贼费NN
&RVJQBNJFOUPEFTFSJFFOUSFPUSPTFMFNFOUPT
#.8.PUPSSBE"#4PSEFOBEPSEFBCPSEPFTUSVDUVSBUSBTFSBWBSJBCMF
$PMPS
/FHSP5PSNFOUBNFUBMJ[BEP
CNXNPUPSSBEFT
&-&4$&/"3*0
&446:0
-B4贵贾贾贾3EPNJOBMBDBSSFUFSB$POMPTHFOFTEFVOBTVQFSCJLFZMBN¡YJNB
QSFDJTJ³OFTUBFYDFQDJPOBMSPBETUFSFTBEFDVBEBUBOUPQBSBMBDJVEBEDPNPQBSB
MBDBSSFUFSB%FKBBUS¡TBTVTQFSTFHVJEPSFTZBUSBFUPEBTMBTNJSBEBT-B4贵贾贾贾3
FODBSOBTJODPODFTJPOFTZEFGPSNBTPCFSCJBFMJODSFNFOUPEFMBGVFS[BDPOUSPMBEB
DPOVOBQSFDJTJ³OFYUSBPSEJOBSJB
4ꕍꕖꕖꕖ3
.PUPS
.PUPSEFDVBUSPUJFNQPTZDVBUSPDJMJOESPTFOM­OFBSFGSJHFSBEPQPS
BHVBBDFJUFDVBUSPW¡MWVMBTQPSDJMJOESPEPT¡SCPMFTEFMFWBT
$JMJOESBEB
贽贽贽DN贷
1PUFODJBOPNJOBM
贵贺贾$7B贵贵贾贾贾SQN
1BSN¡YJNP
贵贵贶/NB贽贶费贾SQN
$BKBEFDBNCJPT5SBOTNJTJ³O
%FTFJTNBSDIBTTFDVFODJBMDPOEFOUBEPSFDUPDBEFOB贵贻贸费
.FEJEBEFMMBOUBEFMBOUFSBUSBTFSB
贷费贾Y贵贻ѷ贺贾贾Y贵贻ѷ
'SFOPEFMBOUFSPUSBTFSP
'SFOPEFEPTEJTDPT趒PUBOUFTQJO[B趑KBEFDVBUSP©NCPMPT贷贶贾NN
EFEJ¡NFUSP费NNEFHSPTPSGSFOPNPOPEJTDPQJO[B趒PUBOUFEFVO
©NCPMP贶贶贾NNEFEJ¡NFUSP费NNEFHSPTPS
贵
1FTPFOWBD­PFOEJTQPTJDJ³OEFNBSDIBDPOFMEFQ³TJUPMMFOP
贶贾贻LH
"MUVSBEFMBTJFOUP
贼贵贸NN
&RVJQBNJFOUPEFTFSJFFOUSFPUSPTFMFNFOUPT
3BDF"#4"4$贶NPEPTEFDPOEVDDJ³O3BJO3PBE
&RVJQBNJFOUPPQDJPOBMFOUSFPUSPTFMFNFOUPT
%%$BTJTUFOUFEFDBNCJP%5$ZNPEPTEFDPOEVDDJ³O1SP
5FNQPNBUJOUFSNJUFOUFT-&%TQPJMFS
$PMPSFT
3PKP3BDJOHT³MJEP#MBODP-VNJOPTPT³MJEP'SP[FO%BSL#MVFNFUBMJ[BEP
CNXNPUPSSBEFT
1"3"*.13&4*0/"3
"50%04
-PTEFTUJOPTN¡TSFNPUPT -B3贵贶贾贾(4"EWFOUVSFPGSFDFVOBBVUPOPN­B
JNQSFTJPOBOUF3VUBTEJG­DJMFT -BQPUFOUFNPUPDJDMFUBEPNJOBUPEPUJQPEF
UFSSFOPDPOVODPOGPSUFYDFQDJPOBMQBSBQJMPUPZBDPNQB±BOUF$POTVSPCVTUP
EJTF±PFOEVSPQBSBWJBKFMB3贵贶贾贾(4"EWFOUVSFTFFOGSFOUBBDVBMRVJFSEFTBG­P
DPOMBTVQFSJPSJEBEEFVOBBWFOUVSFSB
3ꕍꕎꕖꕖ(4"%7&/563&
.PUPS
.PUPSCJDM­OESJDP#PYFSEFDVBUSPUJFNQPTSFGSJHFSBEPQPSBJSFM­RVJEP
DPOEPT¡SCPMFTEFMFWBTDPOFOHSBOBKFTSFDUPTZVOFKFEF
DPNQFOTBDJ³O
$JMJOESBEB
贵贵贻贾DN贷
1PUFODJBOPNJOBM
贵贶费$7DPO贻贻费贾SQN
1BSN¡YJNP
贵贶费/NB贺费贾贾SQN
$BKBEFDBNCJPT5SBOTNJTJ³O
%FTFJTWFMPDJEBEFTTFDVFODJBMDPOEFOUBEPPCMJDVP$BSE¡O
.FEJEBEFMMBOUBEFMBOUFSBUSBTFSB
贷贾贾Y贵贽ѷ贸费贾Y贵贻ѷ
'SFOPEFMBOUFSPUSBTFSP
'SFOPEFEPTEJTDPT趒PUBOUFT贷贾费NNEFEJ¡NFUSPQJO[BSBEJBMEF
贸©NCPMPT'SFOPNPOPEJTDP贶贻贺NNEFEJ¡NFUSPQJO[B趒PUBOUF
EFEPT©NCPMPT
贵
1FTPFOWBD­PFOEJTQPTJDJ³OEFNBSDIBDPOFMEFQ³TJUPMMFOP
贶贺贾LH
"MUVSBEFMBTJFOUP
贼贽贾贽贵贾NN
&RVJQBNJFOUPEFTFSJFFOUSFPUSPTFMFNFOUPT
#.8.PUPSSBE*OUFHSBM"#4"4$ZNPEPTEFDPOEVDDJ³O
DPNQBSUJNFOUP
&RVJQBNJFOUPPQDJPOBMFOUSFPUSPTFMFNFOUPT
'BSP-&%%ZOBNJD&4"NPEP1SP
$PMPSFT
0MJWBT³MJEPNBUF"[VM3BDJOHNBUFNFUBMJ[BEP#MBODP"MQJOPT³MJEP
CNXNPUPSSBEFT
"33*#"&-5&-“/1"3"
%*4'365"3%&.4
*.13&4*0/&4103,*-“.&530
1MBDFSEFDPOEVDJSTJO趑OTPCSFMB3贵贶贾贾35FMQJMPUPZTVBDPNQB±BOUFEJTGSVUBS¡O
EFVOWJBKFQFSGFDUPDPODVBMRVJFSDMJNBUPMPH­B.BOFKP¡HJMHSBOEJOBNJTNPZ
FMN¡YJNPDPOGPSUTPMPPBDPNQB±BEP2VJFORVJFSBWJBKBSEFGPSNBTP趑TUJDBEB
FODPOUSBS¡BRV­MPRVFCVTDB:IBS¡BDPQJPEFVOBHSBODBOUJEBEEFJNQSFTJPOFT
3ꕍꕎꕖꕖ35
.PUPS
.PUPSCJDM­OESJDP#PYFSEFDVBUSPUJFNQPTSFGSJHFSBEPQPSBJSFM­RVJEP
DPOEPT¡SCPMFTEFMFWBTDPOFOHSBOBKFTSFDUPTZVOFKFEF
DPNQFOTBDJ³O
$JMJOESBEB
贵贵贻贾DN贷
1PUFODJBOPNJOBM
贵贶费$7DPO贻贻费贾SQN
1BSN¡YJNP
贵贶费/NB贺费贾贾SQN
$BKBEFDBNCJPT5SBOTNJTJ³O
%FTFJTWFMPDJEBEFTTFDVFODJBMDPOEFOUBEPPCMJDVP$BSE¡O
.FEJEBEFMMBOUBEFMBOUFSBUSBTFSB
贷费贾Y贵贻ѷ费费贾Y贵贻ѷ
'SFOPEFMBOUFSPUSBTFSP
'SFOPEFEPTEJTDPT趒PUBOUFT贷贾费NNEFEJ¡NFUSP'SFOP
NPOPEJTDP贶贻贺NNEFEJ¡NFUSPQJO[B趒PUBOUFEFEPT©NCPMPT
贵
1FTPFOWBD­PFOEJTQPTJDJ³OEFNBSDIBDPOFMEFQ³TJUPMMFOP
贶贻贸LH
"MUVSBEFMBTJFOUP
贼贾费贼贶费NN
&RVJQBNJFOUPEFTFSJFFOUSFPUSPTFMFNFOUPT
"#4DPOUSPMEFUSBDDJ³O"4$NPEPTEFDPOEVDDJ³O
NVMUJDPOUSPMBEPSUSBOTNJTJ³ODBSE¡OQBSBCSJTBTBKVTUBCMF
FM©DUSJDBNFOUF
&RVJQBNJFOUPPQDJPOBMFOUSFPUSPTFMFNFOUPT
%ZOBNJD&4"TJTUFNBEFBVEJPDJFSSFDFOUSBMJ[BEP
$PMPSFT
"[VM$VBS[PNFUBMJ[BEP(SJT,BMMJTUPNBUFNFUBMJ[BEP‰CBOPNFUBMJ[BEP
CNXNPUPSSBEFT
&-*/*$*0%&6//6&70
.07*.*&/50
$POFM$FWPMVUJPOFNQJF[BVOBOVFWBGPSNBEFNPWJMJEBE5FDOPMPH­BZFGFDUP
TPSQSFTBFMQSJNFSNBYJTDPPUFSFM©DUSJDPEFMNVOEPRVFFOUVTJBTNBDBEBE­B
DPNPMBQSJNFSBWF[$POVOBBDFMFSBDJ³OFYDFQDJPOBMIBTUB费贾LNIFONFOPT
EFUSFTTFHVOEPT$POVOQMBDFSEFDPOEVDJSFMFDUSJ[BOUFFOMPTDVBUSPNPEPTEF
DPOEVDDJ³OGVODJPOBMJEBEQBSBMBWJEBEJBSJBEJTF±PVSCBOPZUPUBMNFOUFMJCSFEF
FNJTJPOFT
$FWPMVUJPO
$BQBDJEBEEFMBCBUFS­B
贼L8I
1PUFODJBOPNJOBM
贵费$7)PNPMPHBDJ³OTFHºO&$&3贼费QFSNJTPEFDPOEVDJS"贵
1PUFODJBN¡YJNB
贸贻$7
1BSN¡YJNP
贻贶/N
"VUPOPN­B
BQSPY贵贾贾LNFONPEP$PNNVUJOHFONPEP3PBEN¡TFO
NPEP&DP1SP
TFHºO*&$贵贷贾贺贸
5JFNQPEFDBSHBDPO贶贶贾7贵贶"
BQSPY贸IQBSBFM贵贾贾贶贸费IQBSBFM贼贾
$PMPSFT
#MBODP-VNJOPTPT³MJEP7FSEF&M©DUSJDP
CNXNPUPSSBEFT
&-/6&70:"
&45"26
-*4501"3"
50%0
1BTFMPRVFQBTFFMOVFWP4USFFU(VBSEFTU¡TJFNQSF
QSFQBSBEP$PODVBMRVJFSDMJNBUPMPH­BZFTUBEPEFMB
DBSSFUFSB$POVOMBNJOBEPFM¡TUJDPEF贷DBQBTZQSPUFDUPSFT
/1贶FYUSB­CMFTNBSDBMBQBVUBFODVBOUPBTFHVSJEBE
ZDPNPEJEBE3FTJTUFOUFBMWJFOUPJNQFSNFBCMFZ
USBOTQJSBCMF6OBVU©OUJDPUPEPUFSSFOPFOUSFTMMBNBUJWPT
EJTF±PTEJTQPOJCMFTQBSBTF±PSBZDBCBMMFSPDPODIBRVFUB
DPSUBPMBSHB
$)"26&5"-"3("453&&5(6"3%
$"#"--&30/&(30
%JTQPOJCMFUBNCJ©OQBSBTF±PSB
$)"26&5"453&&5(6"3%4&‘03"
"/53"$*5"30+0
%JTQPOJCMFUBNCJ©OQBSBDBCBMMFSP
53"+&%&5&-"453&&5(6"3%
$)"26&5"453&&5(6"3%$"#"--&30"/53"$*5"
%JTQPOJCMFUBNCJ©OQBSBTF±PSB
Ѽ.BUFSJBMFYUFSJPS1FSGPSNMBNJOBEPEFDBQBT
$PSEVSBFMBTU¡O
Ѽ.BUFSJBMEFSFMMFOP1SPUFDUJPO(VBSEFOMPTQVOUPTN¡T
WVMOFSBCMFTFODBTPEFDB­EB
Ѽ1SPUFDUPSFT/1FOFTQBMEBIPNCSPTDPEPTDBEFSBT
ZSPEJMMBT
Ѽ1SPUFDUPSEFDPYJTJODPSQPSBCMF
Ѽ.FNCSBOB#.8$MJNBUFJNQFSNFBCMFZFTUBODBBMWJFOUP
BT­DPNPTVNBNFOUFUSBOTQJSBCMF
Ѽ&GFDUJWBTDSFNBMMFSBTEFWFOUJMBDJ³OFOMBTQBSUFTEFMBOUFSB
ZUSBTFSBEFMBDIBRVFUBBT­DPNPFOMBQBSUFTVQFSJPSEF
MBTQJFSOBT
1"/5"-“/453&&5(6"3%$"#"--&30/&(30
1"/5"-“/453&&5(6"3%4&‘03"/&(30
&TUJMPJOGPSNBMZQSPUFDDJ³O趑BCMF&TUPOPEFCFTFSPQDJPOBMOJDVFTUJPOBCMF-B
NPEFSOBDIBRVFUBEFDVFSP#MBDL-FBUIFSZMPTD³NPEPT'JWF1PDLFUFOFTUJMP
WBRVFSPUJFOFOUPEPMPRVFMBSPQBTFHVSBQBSBNPUPSJTUBOFDFTJUB$POQSPUFDUPSFT
MJHFSPTZFYUSB­CMFTZNBUFSJBMSFTJTUFOUFBMBBCSBTJ³OMPTGBOTEF#.8.PUPSSBE
DPOUBS¡ODPOFMNFKPSFRVJQBNJFOUPQBSBMBDBSSFUFSBZFMUJFNQPMJCSF
$00-/&44
6//6&70
%&4$6#3*.*&/50
&OMBT©QPDBTN¡TD¡MJEBTFMUSBKFEFWFSBOP"JS'MPXQSPQPSDJPOBVOBHSBEBCMF
GSFTDPS-BTJOTFSDJPOFTFM¡TUJDBTZEFNBMMBFOFMNBUFSJBMFYUFSJPSSFTJTUFOUFBM
SPDFHBSBOUJ[BOVOBWFOUJMBDJ³O³QUJNBZHSBOMJCFSUBEEFNPWJNJFOUP&OOFHSP
DPOTP趑TUJDBEPDPMECMBDLn&RVJQBNJFOUPDPOUSBFMDBMPS
1"/5"-“/1"3".050'*7&10$,&5
&/$0-037"26&300/&(30
Ѽ.F[DMBEFBMHPE³O$PSEVSBZFMBTU¡OSFTJTUFOUF
BMBBCSBTJ³O
Ѽ$³NPEPTQSPUFDUPSFT/1-FYUSB­CMFTFOMBT
SPEJMMBT
Ѽ1SPUFDUPSFTFYUSB­CMFTFOMBTDBEFSBT
Ѽ$PSUFFTUSFDIPDPOMBSHPFYUSBQBSBEPCMBS
53"+&%&5&-""*3'-08
Ѽ.BUFSJBMFYUFSJPS%ZOBUFDSFTJTUFOUFBMBBCSBTJ³O
Ѽ$PNPEJEBEHSBDJBTBMFM¡TUJDPEF%ZOBUFDFOMB
FTQBMEB
Ѽ&YDFMFOUFDJSDVMBDJ³OEFMBJSF
Ѽ1SPUFDUPSFT/1FOFTQBMEBIPNCSPTDPEPT
DBEFSBTZSPEJMMBT
Ѽ.BUFSJBMSF趒FDUBOUFFOMBDIBRVFUBZFMQBOUBM³O
Ѽ$PODIBRVFUB$PWFSFTUBODBBMWJFOUPQBSBMMFWBS
FODJNB
$)"26&5"%&.050#-"$,-&"5)&3
%&$"#"--&30
$)"26&5":1"/5"-“/"*3'-08
$"#"--&30/&(30
%JTQPOJCMFUBNCJ©OQBSBTF±PSB
$)"26&5":1"/5"-“/"*3'-084&‘03"
(3*430+0
%JTQPOJCMFUBNCJ©OQBSBDBCBMMFSP
Ѽ$VFSPEFCºGBMPEFBHVBSFTJTUFOUFBMSPDFZBM
EFTHBSSBNJFOUPBQSPYJNBEBNFOUFѭNN
Ѽ$VFSPOBUVSBMUSBOTQJSBCMFDPOBTQFDUPVTBEP
Ѽ$³NPEPTQSPUFDUPSFT/1-FOIPNCSPTZDPEPT
Ѽ1SPUFDUPSEFFTQBMEB/1-JODPSQPSBCMF
Ѽ$SFNBMMFSBTNFU¡MJDBTZDJOUBQBSBBKVTUBSMBDJOUVSB
DPOCPUPOFTBQSFTJ³O
$"4$03"$&
Ѽ$BMPUBFYUFSJPSEFMDBTDPFO趑CSBEFWJESJP(',
FOUBMMBT
Ѽ$BMPUBJOUFSJPSEF&14TFHNFOUBEB
Ѽ&YDFQDJPOBMBCTPSDJ³OEFJNQBDUPT
Ѽ7JTJ³OEFTQFKBEBJODMVTPFOIPSJ[POUBM
Ѽ1PTJDJ³OFTUBCMFJODMVTPBWFMPDJEBEFTFMFWBEBT
Ѽ7JTFSBDPOSFDVCSJNJFOUPBOUJBSB±B[PTQPS
BNCPTMBEPT
$0-03
#-"/$0"-1*/0
$0-03
/&(30503.&/5".&5"-*;"%0
$"4$0-&(&/%/&(30
Ѽ%JTF±PSFUSPDPOBQMJDBDJPOFTEFDVFSP
BVU©OUJDP
Ѽ$BMPUBFYUFSJPS(',DBMPUBJOUFSJPS&14
Ѽ1FTPSFEVDJEPHSBODBQBDJEBEEFBCTPSDJ³O
EFJNQBDUPT
Ѽ#BSCPRVFKPDPOCBOEBEFOVDBJOUFHSBEB
Ѽ'PSSPJOUFSJPSBDPMDIBEPFONFKJMMBZDBCF[B
FYUSB­CMFZMBWBCMF
Ѽ1BOUBMMBPQDJPOBMHBGBTBKVFHP
%&$03"
$*“/
/JOF5
$"4$0-&(&/%
$0/1"3"#3*4"4:
("'"401$*0/"-&4
%&$03"$*“/$0.1&5*5*0/
&/-"4$"#&;"4
-*4504:"
&TUJMPDM¡TJDPDVFSPEFHSBODBMJEBETJOWJTFSBTJODPODFTJPOFT&MOVFWP
DBTDP-FHFOEFTUPEBVOBEFDMBSBDJ³OEFQSJODJQJPT5BNCJ©OFODVBOUP
BTFHVSJEBEHSBDJBTBTVFYDFQDJPOBMDBQBDJEBEEFBCTPSDJ³OEFJNQBDUPT
ZBMBCBOEBJOUFHSBEBQBSBMBOVDB"EFN¡TFMDBTDPKFUOPFTU¡TPMPDPO
TVQPEFSPTPEJTF±PUBNCJ©OFMDBTDPJOUFHSBM3BDFEF#.8.PUPSSBETF
PGSFDFBIPSBDPODVBUSPOVFWBTEFDPSBDJPOFT
%&$03"$*“/#-"$,."53*9
$0-03/&(30."5&
%&$03"$*“/50326&
)0:/6&70
."‘"/"
7*&+04".*(04
$)"26&5"7*/5"(&6/*4&9
贵贾贾BMHPE³O94ѭ贸9-
6OBDPMFDDJ³OOVFWBEFOUSPEFMBNFKPSUSBEJDJ³O5PEBTMBTQSFOEBT
EFFTUJMP7JOUBHFSFQSFTFOUBO趑FMNFOUFFMFTQ­SJUVEF#.8.PUPSSBE
1SFOEBTJOEFQFOEJFOUFTRVFTFQVFEFODPNCJOBSDPO趒FYJCJMJEBEZ
NPEFSOPTBDDFTPSJPTRVFBDBCBOQPSDPOWFSUJSTFTJFNQSFFOMBSPQB
QSFGFSJEBEFMPTHSBOEFTZQFRVF±PTGBOTEF#.8.PUPSSBE
--"7&307*/5"(&
$PSSFBEFDVFSPDPOHSBCBEP#.8.PUPSSBE
Z贷DIBSNTEFNFUBM
5017*/5"(&4&‘03"
贽费BMHPE³O费4QBOEFY
4JOHMF+FSTFZ94ѭ贷9-BOUSBDJUB
$".*4&5"7*/5"(&$"#"--&30
贵贾贾BMHPE³O4JOHMF+FSTFZ
4ѭ贸9-OFHSP
("'"4%&40-7*/5"(&
贵贾贾EFQSPUFDDJ³O6767贷
OFHSP
$".*4&5"7*/5"(&4&‘03"
贵贾贾WJTDPTB4JOHMF+FSTFZ94ѭ贷9-
WFSEFPMJWB
$".*4"7*/5"(&$"#"--&30
贵贾贾BMHPE³O4ѭ贸9-
DVBESPTSPKPTZNBSS³O
$".*4"7*/5"(&%&."/("$035"
$"#"--&30
贵贾贾BMHPE³O4ѭ贸9-NBSS³OPTDVSP
46%"%&3"7*/5"(&$"#"--&30
贼贾BMHPE³O贶贾QPMJ©TUFS4ѭ贸9-HSJTPTDVSP
#-64"7*/5"(&%&."/("$035"4&‘03"
贵贾贾BMHPE³O94ѭ贷9-DVBESPTCMBODPTZSPKPT
$)"26&5"40'54)&---0(0$"#"--&30
贽贼QPMJ©TUFS贶FMBTU¡O4ѭ贸9-OFHSP
10-0-0(0$"#"--&30
贵贾贾BMHPE³OQJRV©4ѭ贸9-CMBODP
/6/$")"
3&46-5"%0
.4
"(3"%"#-&
3&$0/0$&3
$0-03&4
-BGBTDJOBDJ³OEFMNPUPDJDMJTNPUBNCJ©OTF
QVFEFTFOUJSTJOTVCJSTFBVOBNPUPDJDMFUB
"T­MPEFNVFTUSBMBOVFWBDPMFDDJ³O-PHPEF
#.8.PUPSSBE4UZMF$POTVDPOTFDVFOUF
DPODFQUPDSPN¡UJDPZTVDMBSBJEFOUJEBEEF
NBSDBFTVOBEFDMBSBDJ³OFOGBWPSEFMB
DPNVOJEBEZFMQMBDFSEFWJWJS
$)"26&5"63#"/4&‘03"
贸贽QPMJ©TUFS贷贺BMHPE³O贵费OZMPO
94ѭ贷9-HSJTWFSEPTP
'6-"363#"/
贵贾贾BMHPE³O4JOHMF+FSTFZ
CMBODP
#"/%0-&3"63#"/
.F[DMBEFNBUFSJBMFTEFQPMJ©TUFS
BMHPE³OZOZMPONBSS³O
$)"-&$0-0(04&‘03"
贵贾贾QPMJ©TUFS94ѭ贷9-B[VM
$".*4&5"-0(04&‘03"
贽贻BMHPE³O贷FMBTU¡O94ѭ贷9-
SPKP
7"26&30-0(06/*4&9
贵贾贾BMHPE³O8贶贻ѭ贷贶FO-贷贶
Z-贷贸8贷贸ѭ贸贾FO-贷贸Z-贷贺
EFOJNJOEJHP
;"1"5*--"4-0(06/*4&9
贷费ѭ贸贼
$)"26&5"%&16/5063#"/
$"#"--&30
费贾MBOB费贾BDS­MJDP4ѭ贸9-HSJTPTDVSP
50163#"/4&‘03"
贽费NPEBM费4QBOEFY
4JOHMF+FSTFZ4ѭ贷9-CMBODP
$".*4&5"4,:-*/&$"#"--&30
贺贾BMHPE³O贸贾QPMJ©TUFS4JOHMF+FSTFZ
4ѭ贸9-WFSEF
-BNPEBRVFDPOWJFSUFMBWJEBEJBSJBFOVOHSBOWJBKF$POMBDPMFDDJ³O6SCBO
EF#.8.PUPSSBE4UZMFMBNBSDBTJFNQSFUFBDPNQB±BS¡DPOEJTDSFDJ³O
QFSPDPODMBSJEBEEFTEFMBM­OFBEFTBMJEB3PQBZBDDFTPSJPTFODPMPSFT
QPDPMMBNBUJWPTRVFNVFTUSBODPOFMFHBODJBRVFFMNJUP#.8.PUPSSBE
FOUVTJBTNBBMM­EPOEFWB
1-"$&3"/5*$*1"%0
1-"$&3%&$0/%6$*3
4&15*&.#3&
ꕎꕖꕍꕐ
/"7&("%037
&MOVFWP/BWFHBEPS#.8.PUPSSBE7EFNVFTUSBTV
HSBOEF[BFOUPEPTMPT¡NCJUPTVOBQBOUBMMBDMBSBEF
QVMHBEBTZBCVOEBOUFFTQBDJPEFBMNBDFOBNJFOUP
HSBDJBTBMBSBOVSBBEJDJPOBMQBSBUBSKFUBT4%*OUFHSBDJ³O
FOFMWFI­DVMPDPOMBQSFQBSBDJ³OQBSBFMTJTUFNBEF
OBWFHBDJ³OEFG¡CSJDBZD³NPEPNBOFKPEFTEFFMNBOJMMBS
PTPQPSUFDPODVBUSPCPUPOFTBEJDJPOBMFT*OOPWBEPS
BEFMBOUPEFJOGPSNBDJ³OBUSBW©TEF4NBSUQIPOF-JOL
PQDJPOBM
QBSBJOGPSNBDJ³OTPCSFBUBTDPTFOUJFNQPSFBM
JOGPSNFTNFUFPSPM³HJDPTBDUVBMJ[BEPTZNVDIPN¡T1PS
TVQVFTUPDPO-JGFUJNF.BQ6QEBUF
*OU(45SPQIZꕎꕖꕍꕐ/PSUI"NFSJDB
"WFOUVSBEJWFSTJ³OEFTBG­PBNJTUBEZQMBDFSEFDPOEVDJS
FOHSBOEFTDBOUJEBEFTFM(45SPQIZFTVOBFYQFSJFODJB
EFNPUPDJDMJTNPºOJDB-BMFOHFOEBSJBBWFOUVSB&OEVSP
EF#.8.PUPSSBEOPTPMPTFUSBUBEFIBCJMJEBEFTEF
DPOEVDDJ³OZSFTJTUFODJBTJOPUBNCJ©OEFEFTUSF[B
TFOUJEPEFMBPSJFOUBDJ³OZTPCSFUPEPDBQBDJEBEEF
USBCBKBSFOFRVJQP
CNXNPUPSSBEDPNHTUSPQIZ
/"7&("%037
DPOTPQPSUFQBSB
NPUPDJDMFUB
ꕖꕐѭꕖꕒ
+6-*0%&ꕎꕖꕍꕐ
#.8.PUPSSBE%BZTꕎꕖꕍꕐ
-BNBZPSSFVOJ³O#.8.PUPSSBEEFMNVOEPUSFTE­BT
QBSBDFMFCSBSWJBKBSTPSQSFOEFSTFZIBDFSBNJHPT&O
贶贾贵贸TFFTQFSBSFDJCJSOVFWBNFOUFBN¡TEF贷贾贾贾贾
DPOEVDUPSFTZGBOTEF#.8.PUPSSBEFO(BSNJTDI
1BSUFOLJSDIFO-PFTQFSBNPTDPOJNQBDJFODJBDVSTPT
QSVFCBTEFDPOEVDDJ³OFYIJCJDJPOFTFTQFDU¡DVMPT
EFBDSPCBDJBTIPHVFSBT趑FTUBTZWJBKFTKVOUPT
/"7&("%037
#PMTBEFUSBOTQPSUF
ZTPQPSUFQBSBDPDIF
PQDJPOBM
CNXNPUPSSBEDPNNPUPSSBEEBZT
/"7&("%03"%7&/563&
)BTUBFM趑OEFMNVOEPJEBZWVFMUB$POFMOBWFHBEPS
"EWFOUVSFOPIBZQSPCMFNB&MOVFWPTJTUFNBEF
OBWFHBDJ³O&OEVSPEF#.8.PUPSSBEFTNVZ
SPCVTUPZFTQFDJBMNFOUFDPODFCJEPQBSBFMVTP
FOFMDBNQP-BNFNPSJB趒BTIEF(#PGSFDF
TV趑DJFOUFFTQBDJPQBSBUPEPTMPTNBQBTRVFTF
QVFEFOOFDFTJUBSEVSBOUFFMWJBKF:HSBDJBTBMB
BDUVBMJ[BDJ³OEFNBQBT-JGFUJNF.BQ6QEBUF
UPEPFTU¡TJFNQSFBMBºMUJNB&ODBTPEFOP
UFOFSOJOHºOFODIVGFBNBOPQBSBMBSFDBSHBFM
OBWFHBEPS"EWFOUVSFGVODJPOBUBNCJ©ODPOQJMBT
DPOWOFDJPOBMFT
/"7&("%03"%7&/563&
)1贸
,贵贺贾贾(5-
4贵贾贾贾33
,贵贺贾贾(5
,贵贷贾贾4
3贵贶贾贾35
'贼贾贾(5
,贵贷贾贾3
3贵贶贾贾(4"%7&/563&
'贻贾贾(4
$贺贾贾41035
3贵贶贾贾(4
(贺费贾(4
$贺费贾(5
3OJOF5
'贼贾贾(4"%7&/563&
(贺费贾(44FSU£P
$FWPMVUJPO
3贵贶贾贾3
'贼贾贾(4
4贵贾贾贾3
'贼贾贾3
#.8.PUPSSBE
CNXNPUPSSBEFT
5FHVTUBDPOEVDJS
CNXNPUPSSBEFT
贵
4FHºOMBEJSFDUJWB贽贷贽贷$&&DPOUPEPTMPTM­RVJEPTZFMEFQ³TJUPMMFOPBMNFOPTFOVO贽贾EFMWPMVNFOºUJM
4BMWPFSSPSFTPNJTJPOFTPNPEJ趑DBDJPOFTi#.8.PUPSSBE697#贵.ºOJDI"MFNBOJB4PMPTFQFSNJUFMBSFQSPEVDDJ³OJODMVTPEFGPSNBSFTVNJEBDPOBVUPSJ[BDJ³OFTDSJUBEF#.8"(
.ºOJDI&OMBJNQSFTJ³OEFFTUFDBU¡MPHPTFIBVUJMJ[BEPQBQFMCMBORVFBEP贵贾贾FYFOUPEFDMPSP1SJOUFEJO(FSNBOZ贵贾贶贾贵贷
贸贵贵贽贽贽贾贵贸ꕑꕑ贵贶贾贵贸