Wheel Loader Liebherr L 512-L 514 Stereo - Service Manual [PDF]
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Service Manual (20
Wheel loader (10 points)
L512 - L514 Stereo (10
en
Service Manual (20
Wheel loader (10 points)
L512 - L514 Stereo (10
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Service manual
Index A Accessories
18.0 - 1
Air filter
16.2 - 4
Switching on the brake lights
9.1 - 5
Technical data
9.1 - 5
Brake system
9.0 - 1
Function description
16.2 - 5
Basic function
9.0 - 4
Layout
16.2 - 5
Layout
9.0 - 3
Technical data
16.2 - 5
Air filter system
4.3 - 1
Bearing sealing
17.1 - 5
Function description
4.3 - 1
Function description
17.1 - 5
Layout
4.3 - 1
Layout
Technical data
Bucket bearing
4-in-1 bucket
4.3 - 2
17.1 - 5
17.1 - 5 18.3 - 1
2.1 - 20 16.3 - 1
Function description
18.3 - 1
Layout
18.3 - 1
Basic refrigeration function
16.3 - 2
Layout
16.3 - 1
4-in-1 bucket (optional) (ID 9607757)
Re-heat mode
16.3 - 3
Technical data
16.3 - 3
Temperature control
16.3 - 3
Air-conditioning system
Articulation lock
13.3 - 1
Layout
13.3 - 1 18.0 - 1
B Ballast weight
4-in-1 bucket (optional) (ID 9607758) Technical data
13.3 - 1
Basic function Attachments
Technical data
2.1 - 20 13.4 - 1
Layout
13.4 - 1
Technical data (ID 9654274)
13.4 - 1
Technical data (ID 9654275)
13.4 - 1
2.1 - 23 18.3 - 2 18.3 - 2 2.1 - 23 18.3 - 3 18.3 - 3
C Cab
16.0 - 1
Cab windows
16.0 - 4
Layout
16.0 - 1
Cab access
15.2 - 1
Layout
15.2 - 1
Cab roof wiring harness Layout Cab wiring harness Layout
10.1 - 5 10.1 - 5 10.1 - 3 10.1 - 3
Batteries
10.4 - 1
Layout
10.4 - 1
Cardan shafts
12.3 - 1
2.1 - 18 10.4 - 1
Central lubrication
14.1 - 1
Basic function
14.1 - 1
Layout
14.1 - 1
Battery Technical data
10.4 - 1
Bleeder filter
7.5 - 12
Central lubrication system
14.0 - 1
Function
7.5 - 13
Central wiring harness
10.1 - 6
Layout
7.5 - 12
Technical data
7.5 - 13
Blower
2.1 - 20 16.2 - 2
Layout Cold start solenoid valve (ID 5716155)
10.1 - 6 8.1 - 6
Basic function
8.1 - 6
Basic function
16.2 - 3
Cold start solenoid valve
8.1 - 6
Layout
16.2 - 2
Layout
8.1 - 6
Technical data
16.2 - 3
Technical data
8.1 - 7
Brake light pressure switch
9.1 - 4
Basic function
9.1 - 5
Layout
9.1 - 4
L512-466 / from 0501 L514-467 / from 0501
Cold start solenoid valve (ID 5716694) Basic function
8.1 - 8 8.1 - 8 1 of 10
Service manual
Index
Cold start solenoid valve
8.1 - 8
Layout
8.1 - 8
Technical data
8.1 - 9
Collector pipe
7.5 - 13
Function
7.5 - 14
Layout
7.5 - 13
Technical data
7.5 - 14
Complete machine
2.1 - 1
Wheel loader with P-lift arms (L512466/0501)
2.1 - 3
Wheel loader with P-lift arms (L514467/0501-0786)
2.1 - 9
Wheel loader with P-lift arms (L514467/0787-)
2.1 - 11
Wheel loader with Z-bar lift arm (L512-466/0501)
2.1 - 1
Wheel loader with Z-bar lift arm (L514-467/0501-0786)
2.1 - 5
Wheel loader with Z-bar lift arm (L514-467/0787-)
2.1 - 7
Control board A2 Layout Control electronics A1
Working hydraulics in inactive condition
7.2 - 3
Working hydraulics in the float position
7.2 - 4
Cooling system
5.0 - 1
Basic function
5.0 - 3
Electric control of the fan speed
5.0 - 4
Hydraulic control of the fan speed
5.0 - 4
Layout
5.0 - 3
Coupling
2.1 - 13 4.4 - 1
Function description
4.4 - 1
Layout
4.4 - 1
Technical data (ID 5715895)
4.4 - 1
Technical data (ID 5717325)
4.4 - 2
Covering
15.1 - 1
Layout
15.1 - 1
D 10.1 - 2
Dashboard wiring harness 10.2 - 1 10.2 - 1
Layout
10.1 - 2 2.1 - 12 4.1 - 1
Diesel engine
10.3 - 1
Emergency steering check
10.3 - 4
Basic function
4.1 - 2
Emergency steering pump
10.3 - 5
Layout
4.1 - 1
Emergency steering pump control
10.3 - 4
Technical data (ID 9739000)
4.1 - 3
Fan control
10.3 - 3
Technical data (ID 9739001)
4.1 - 4
Function description
10.3 - 3
Layout
10.3 - 1
LED display
10.3 - 5
Plug assignment
10.3 - 2
Control panel
12.1 - 3 12.2 - 3
Differential Differential speed locking function
12.1 - 4 12.2 - 4
Function description
12.1 - 4 12.2 - 4
16.1 - 1
Adjustable steering column with steering wheel and steering column switch
16.1 - 1
Layout
12.1 - 3 12.2 - 3
Layout
16.1 - 1
Speed balance of the right and left wheels
12.1 - 4 12.2 - 4
Rear part of the control panel
16.1 - 2
Right side cover (control panel)
16.1 - 1
Control valve block
7.2 - 1
Basic function
7.2 - 2
Layout
7.2 - 1
Primary pressure relief valve
7.2 - 5
Secondary pressure relief valves
7.2 - 5
Technical data
7.2 - 5
Working hydraulics in active condition
7.2 - 3
2 of 10
2.1 - 18 9.3 - 1
Disc brake Function description
9.3 - 1
Layout
9.3 - 1
Technical data
9.3 - 2 16.1 - 2
Display unit Air filter contamination display
16.1-11
Coolant temperature display function
16.1 - 6
Direction indicator display
16.1-11
L512-466/ab 0501 L514-467/ab 0501
Service manual
Displaying / reporting emergency steering
16.1-10
Basic function
8.4 - 7
16.1-11
Checking the emergency steering system
8.4 - 7
Displaying / reporting the braking system accumulator pressure
Layout
8.4 - 6
Technical data
8.4 - 7
Displaying and reporting the engine oil 16.1 - 7 pressure
Emergency steering pressure switch
2.1 - 17 8.4 - 5
Displaying forward / reverse travel direction
16.1 - 7
Displaying or reporting engine overheating
16.1 - 9
Displaying parking brake activation
16.1 - 8
Displaying speed, operating hours or time
16.1 - 6
Displaying the battery charge control
16.1 - 7
Displaying working hydraulics lockout activation
16.1 - 9
Displaying/reporting hydraulic oil overheating
16.1 - 8
Fuel supply indicator
16.1 - 5
Function description
16.1 - 4
High beam display
16.1-11
Instruction to use the safety belt
16.1 - 9
Basic function
9.1 - 4
Lamp check during the starting procedure
16.1 - 5
Layout
9.1 - 3
Layout
16.1 - 2
Pressure balance in the equalising reservoir
9.1 - 4
Preglow monitoring
16.1-10
Technical data
9.1 - 4
Special function
16.1 - 9
Travel range display
16.1 - 8
Basic function
8.4 - 6
Layout
8.4 - 5
Switching on the emergency steering function
8.4 - 6
Technical data
8.4 - 6
Emergency steering pump
2.1 - 17 8.4 - 3
Basic function
8.4 - 4
Gear pump with pressure relief valve
8.4 - 4
Layout
8.4 - 3
Relay and overheating protection
8.4 - 4
Technical data
8.4 - 5
Equalising reservoir
9.1 - 3
F Fine fuel filter
E
2.1 - 13 4.2 - 6
Electrical system
10.0 - 1
Function description
4.2 - 6
Circuit diagrams
10.0 - 1
Layout
4.2 - 6
Electric switching of the travel hydraulics
10.0 - 5
Technical data
4.2 - 7
Electric switching of the working hydraulics
10.0-10
Function description
10.0 - 2
How the parking brake switch S17 works
10.0 - 7
Layout
10.0 - 1
Forklift Layout
18.2 - 1 18.2 - 1
Forklift (optional)
2.1 - 22 18.2 - 2
Technical data
18.2 - 2
Front axle
2.1 - 19 12.1 - 1
8.4 - 1
Axle lubrication
12.1 - 2
Activated emergency steering system
8.4 - 2
Basic function
12.1 - 2
Basic function
8.4 - 1
Layout
12.1 - 1
Emergency steering function check
8.4 - 2
Service brake and parking brake
12.1 - 2
Layout
8.4 - 1
Technical data (ID 5716735)
12.1 - 2
2.1 - 17 8.4 - 6
Technical data (ID 5716736)
12.1 - 2
Wheel attachment
12.1 - 2
Emergency steering
Emergency steering check pressure switch
L512-466 / from 0501 L514-467 / from 0501
3 of 10
Service manual
Index
2.1 - 19 12.3 - 1
Heater/ventilation basic function
16.2 - 2
Layout
16.2 - 1
Function
12.3 - 1
Technical data
16.2 - 2
Layout
12.3 - 1
Technical data
12.3 - 1
Uniformity of torque transmission
12.3 - 1
Front drive shaft
10.1 - 4
Heating wiring harness Layout
10.1 - 4 18.5 - 1
High dump bucket
4.2 - 3
Function description
18.5 - 2
Function description
4.2 - 3
Layout
18.5 - 1
Layout
4.2 - 3
Fuel level sensor
Fuel pre-filter
2.1 - 13 4.2 - 5
2.1 - 23 18.5 - 3
High dump bucket (optional) (ID 9608916) Technical data
18.5 - 3
Function description
4.2 - 5
Layout
4.2 - 5
Basic function
7.5 - 15
Technical data
4.2 - 5
Hydraulic oil overheat warning function
7.5 - 15
4.2 - 1
Function description
4.2 - 1
Layout
7.5 - 14
Layout
4.2 - 1
Technical data
7.5 - 15
Fuel tank
2.1 - 13 4.2 - 2
Basic function
7.6 - 1
Layout
4.2 - 2
Layout
7.6 - 1
Technical data
4.2 - 2
Releasing the quick-change device
7.6 - 2
The quick-change device when locked
7.6 - 2
Fuel system
G Gear motor
2.1 -14 5.2 - 1
Basic function
5.2 - 2
Fail-safe function (breakdown safety)
5.2 - 3
Fan speed control
5.2 - 3
Layout
5.2 - 1
Pressure control with the proportional pressure relief valve
5.2 - 3
Proportional pressure relief valve Technical data
Hydraulic oil temperature switch
Hydraulic quick-change device
Hydraulic quick-change device for Plift arm Technical data
7.5 - 14
7.6 - 1
2.1 - 21 17.3 - 3 17.3 - 3
Hydraulic quick-change device for Zlift arm Technical data
2.1 - 21 17.3 - 2 17.3 - 2 7.5 - 1
Hydraulic tank Basic function
7.5 - 1
5.2 - 2
Bleeder filter
7.5 - 2
5.2 - 4
Collector pipe
7.5 - 2
Gearwheel pump
2.1 -14 5.1 - 1
Layout
7.5 - 1
Return strainer
7.5 - 2
Basic function
5.1 - 1
Return suction filter
7.5 - 1
Layout
5.1 - 1
Technical data
7.5 - 2
Pressure relief
5.1 - 2
Technical data
5.1 - 2
Basic function
7.3 - 13
Heat exchanger
16.2 - 3
Layout
7.3 - 13
16.2 - 3
Storing pressure for the pilot control
7.3 - 14
16.2 - 3
Technical data
7.3 - 14
2.1 - 20 16.2 - 1
Inching function
6.3 - 1
H Basic function of the heat exchanger Layout Heating
4 of 10
Hydro accumulator – pilot control (ID 5719063)
Function description
2.1 - 15 7.3 - 13
6.3 - 1 L512-466/ab 0501 L514-467/ab 0501
Service manual
3.7 - 1
Inching valve
6.3 - 2
Function
6.3 - 3
Layout
6.3 - 2
Lubricants and fuels Conversion from mineral oils to environmentally compatible hydraulic fluids Disposing of used materials
4.1 - 5
Environmental protection measures
3.7 - 1
Function description
4.1 - 5
Handling lubricants and fuels
3.7 - 1
Layout
4.1 - 5
Lubricant and fuel specifications
3.7 - 2
Anti-seize agent for bolt fitting
3.7 - 9
16.1-15
Bl * standard lubricants
3.7 - 9
Function description
16.1-17
Brake oil
3.7 - 7
Layout
16.1-15
Coolants for diesel engines
3.7 - 5
17.0 - 1
Corrosion protection grease
3.7 - 9
Diesel fuels
3.7 - 4
Grease for general lubrication points
3.7 - 8
Hydraulic oils
3.7 - 6
Layout
Injection pump
6.3 - 1
L LH control lever
Lift arm Lift cylinder and tilt cylinder Lift cylinder / P-bar kinematics
7.4 - 1 2.1 - 16 7.4 - 3
3.7 - 1
3.7 - 1
Extending and retracting
7.4 - 3 7.4 - 3
Lubricant grease for the automatic central lubrication system
3.7 - 8
Layout Piston rod guide
7.4 - 3
Lubricating oils for the diesel engine
3.7 - 2
Sealing
7.4 - 3
Lubricating oils for the transmission
3.7 - 8
Technical data
7.4 - 4
Lift cylinder / Z-bar kinematics
2.1 - 16 7.4 - 1
Lubrication chart
3.4 - 4
M Main brake cylinder
2.1 - 18 9.1 - 3
Extending and retracting
7.4 - 1
Layout
7.4 - 1
Basic function
9.1 - 3
Piston rod guide
7.4 - 1
Layout
9.1 - 3
Sealing
7.4 - 2
Technical data
9.1 - 3
Technical data (ID 9913473)
7.4 - 2
Maintenance and inspection schedule
3.1 - 1
Technical data (ID 9925130)
7.4 - 2
Maintenance tasks
3.5 - 1
Loading bucket Layout Loading bucket (ID 9657896) Technical data Loading bucket (ID 9608528) Technical data Loading bucket (ID 9657894) Technical data
Loading bucket (ID 9657898) Technical data
L512-466 / from 0501 L514-467 / from 0501
18.1 - 1
O
18.1 - 1
Oscillating axle mount
13.2 - 1
2.1 - 22 18.1 - 2
Function description
13.2 - 2
Layout
13.2 - 1
Technical data
13.2 - 2
18.1 - 2 2.1 - 22 18.1 - 3 18.1 - 3
P Parking brake
9.2 - 1
2.1 - 22 18.1 - 4
Basic function
9.2 - 2
How the parking brake switch works
9.2 - 3
18.1 - 4
Hydraulic tank
9.2 - 3
Layout
9.2 - 1
Parking brake solenoid valve and hydro accumulator Valve block
9.2 - 4
2.1 - 22 18.1 - 5 18.1 - 5
Working hydraulics pump
9.2 - 3
9.2 - 3
5 of 10
Service manual
Index
9.2 - 5
Electromagnetic lock
7.3 - 8
Basic function
9.2 - 5
Layout
7.3 - 5
Layout
9.2 - 5
Regulating phase
7.3 - 8
Storing pressure for the parking brake
9.2 - 5
Resting condition
7.3 - 7
Technical data
9.2 - 6
Technical data
7.3 - 8
Parking brake hydro accumulator
2.1 - 18 9.2 - 11
Parking brake pressure switch
7.3 - 9
Pilot control solenoid valve (ID 5716155)
Basic function
9.2 - 11
Basic function
7.3 - 9
Layout
9.2 - 11
Layout
7.3 - 9
Parking brake monitoring function
9.2 - 11
Pilot control solenoid valve
7.3 - 9
Technical data
9.2 - 11
Technical data
9.2 - 7
Parking brake solenoid valve (ID 5716155) Basic function
9.2 - 7
Layout
9.2 - 7
Parking brake solenoid valve
9.2 - 7
Technical data
9.2 - 8 9.2 - 9
Parking brake solenoid valve (ID 5716694)
7.3 - 10 7.3 - 11
Pilot control solenoid valve (ID 5716694) Basic function
7.3 - 11
Layout
7.3 - 11
Pilot control solenoid valve
7.3 - 11
Technical data
7.3 - 12
Q
Basic function
9.2 - 9
Quick-change device
17.3 - 1
Layout
9.2 - 9
Function description
17.3 - 2
Parking brake solenoid valve
9.2 - 9
Layout
17.3 - 1
Technical data
Quick-change device cylinder
9.2 - 10
7.6 - 5
2.1 - 21 17.2 - 1
Extending and retracting
7.6 - 5
Layout
7.6 - 5
Basic function
17.2 - 2
Piston rod guide
7.6 - 6
Layout
17.2 - 1
Sealing
7.6 - 6
Movements of the bucket arm
17.2 - 2
Technical data
7.6 - 6
Movements of the working attachment
17.2 - 2
Technical data (ID 9658040)
17.2 - 4
Basic function
7.6 - 4
Technical data (ID 9658060)
17.2 - 3
Layout
7.6 - 4
P-bar lift arm
Pilot control
Quick-change device pressure switch
7.3 - 1
7.6 - 4
7.3 - 2
Quick-change device monitoring function
7.6 - 4
Basic function Control valve block
7.3 - 3
Technical data
7.6 - 5
Hydro accumulator with check valve
7.3 - 4
Layout
7.3 - 1
Basic function
7.6 - 3
Pilot control solenoid valve
7.3 - 4
7.6 - 3
Pilot control solenoid valve and hydro accumulator
7.3 - 4
Hydraulic quick-change device solenoid valve Layout
7.6 - 2
Pilot control unit
7.3 - 3
Technical data
7.6 - 3
Variable displacement pump with replenishing pump
7.3 - 3
Quick-change device solenoid valve
7.6 - 2
R Rear axle
2.1 - 19 12.2 - 1
Pilot control unit
2.1 - 15 7.3 - 5
Axle lubrication
12.2 - 2
Basic function
7.3 - 7
Basic function
12.2 - 2
6 of 10
L512-466/ab 0501 L514-467/ab 0501
Service manual
Layout
12.2 - 1
Replenishing function
8.2 - 4
Technical data (ID 5716858)
12.2 - 2
Steering in active condition
8.2 - 3
Technical data (ID 5716862)
12.2 - 2
Steering in inactive condition
8.2 - 2
Return strainer
2.1 - 16 7.5 - 11
Technical data
8.2 - 4
Basic function
7.5 - 12
Layout
7.5 - 11
Technical data
7.5 - 12
Return suction filter (ID 7621815)
2.1 - 16 7.5 - 3
Basic function
7.5 - 5
Layout
7.5 - 3
Pressure preloading on the suction side
7.5 - 5
Pressure relief by the bypass valve
7.5 - 5
Technical data
7.5 - 5
Return suction filter (ID 7623206)
7.5 - 7
Basic function
7.5 - 9
Layout
7.5 - 7
Pressure preloading on the suction side and replenishing function
7.5 - 9
Pressure relief by the bypass valve
7.5 - 10
Technical data
7.5 - 10
RPM sensor
2.1 - 19 11.1 - 2
Side cover switch wiring harness Layout Side dump bucket
10.1 - 1 10.1 - 1 18.4 - 1
Function description
18.4 - 1
Layout
18.4 - 1
Side dump bucket (optional) (ID 9608605) Technical data
2.1 - 23 18.4 - 2 18.4 - 2
Side dump bucket (optional) (ID 9608985)
2.1 - 23 18.4 - 3
Technical data Special tools for maintenance and repair work Special electrical tools
18.4 - 3
Special tools for Liebherr diesel engines
1.2 - 2
Special tools for the hydraulic cylinders
1.2 - 2
Special tools for ZF axles
1.2 - 3
Special tools, general
1.2 - 1
Steering axle wheel hub
12.2 - 5
1.2 - 1 1.2 - 1
11.1 - 3
Layout
12.2 - 5
Layout
11.1 - 2
Wheel attachment
12.2 - 5
Technical data
11.1 - 3
Safety regulations
1.1 - 1
Basic function
S Introduction
1.1 - 1
Overview of safety regulations
1.1 - 2
Service brake
9.1 - 1
Basic function
9.1 - 1
Disc brake
9.1 - 2
Equalising reservoir
9.1 - 2
Layout
9.1 - 1
Main brake cylinder
9.1 - 2
Servostat
2.1 - 17 8.2 - 1
Steering cylinder
2.1 - 17 8.3 - 1
Extending and retracting
8.3 - 1
Layout
8.3 - 1
Piston rod guide
8.3 - 1
Sealing
8.3 - 1
Technical data
8.3 - 2
Steering pump Steering system oil supply Steering system
8.1 - 1 8.1 - 1 8.0 - 1
Basic function
8.0 - 5
Emergency steering function
8.0 - 7
Emergency steering pump
8.0 - 7
Basic function
8.2 - 2
Hydraulic tank
8.0 - 6
Flow demand control (load sensing)
8.2 - 2
Layout
8.0 - 3
Layout
8.2 - 1
Servostat
8.0 - 7
Pressure relief
8.2 - 3
Steering cylinder
8.0 - 7
Valve block
8.0 - 6
L512-466 / from 0501 L514-467 / from 0501
7 of 10
Service manual
Index
Working hydraulics pump
Layout
6.0 - 3
16.1-12
Variable displacement motor
6.0 - 6
Engaging and releasing the parking brake
16.1-13
Variable displacement pump
6.0 - 5
Function description
16.1-13
Layout
16.1-12
Switches on the instrument panel
Switches on the side cover Layout
8.0 - 6
V
16.1-14 16.1-14
T Table of filling quantities (L512466/0501)
3.4 - 1
Table of filling quantities (L514467/0501)
3.4 - 2
Temperature sensor
5.3 - 1
Function description
5.3 - 1
Layout
5.3 - 1
Technical data
5.3 - 1
Temperature measurement
5.3 - 1
Tests, adjustments
3.6 - 1
Testing and adjustment checklists
3.3 - 1
Testing and adjustment plan
3.2 - 1
Tilt cylinder / P-bar kinematics
2.1 - 16 7.4 - 6
Extending and retracting
7.4 - 6
Layout
7.4 - 6
Piston rod guide
7.4 - 6
Sealing
7.4 - 6
Technical data
7.4 - 7
Tilt cylinder / Z-bar kinematics
2.1 - 16 7.4 - 4
Extending and retracting
7.4 - 5
Layout
7.4 - 4
Piston rod guide
7.4 - 5
Sealing
7.4 - 5
Technical data (ID 9913469)
7.4 - 5
Transfer gear
2.1 - 17 7.1 - 2 8.1 - 1 9.2 - 4
Valve block
2.1 - 18 11.1 - 1
Basic function
7.1 - 2 8.1 - 2 9.2 - 4
Charging the accumulator for the parking brake
9.2 - 4
Diesel engine starting procedure
8.1 - 3
Distribution of the oil flow in the working hydraulics pump
7.1 - 2 8.1 - 2
Filling the parking brake hydro accumulator
8.1 - 4
Layout
8.1 - 1
Pressure relief for the steering
8.1 - 4
Technical data
8.1 - 5
Variable displacement motor
2.1 - 15 6.2 - 1
Basic function
6.2 - 4
Cooling by the discharge valve
6.2 - 6
Layout
6.2 - 1
Machine in travel range 1
6.2 - 5
Speed-dependent control (DA control)
6.2 - 5
Technical data (ID 5716672)
6.2 - 6
Technical data (ID 5716674)
6.2 - 7
Variable displacement pump
2.1 - 14 6.1 - 1
Basic function
6.1 - 5
Control by the operating pressure
6.1 - 8
Control of the pump
6.1 - 7
Layout
6.1 - 1
Pressure cut-off
6.1 - 10
Pressure relief and replenishing valve
6.1 - 11 6.1 - 10
Layout
11.1 - 1
Replenishing pressure relief valve
Basic function
11.1 - 2
Replenishing pump
6.1 - 9
Technical data
11.1 - 2
Servo piston and swash plate
6.1 - 6
Travel hydraulics
6.0 - 1
Speed-dependent control (DA control)
6.1 - 7
Basic function
6.0 - 4
Technical data (ID 5716673)
6.1 - 12
Hydraulic tank
6.0 - 6
Technical data (ID 5717296)
6.1 - 12
Inching valve
6.0 - 6
Travel direction valve
8 of 10
6.1 - 9
L512-466/ab 0501 L514-467/ab 0501
Service manual
13.1 - 1
Technical data (ID 9657855)
17.1 - 4
Basic function
13.1 - 1
Technical data (ID 9657865)
17.1 - 3
Layout
13.1 - 1
Ventilation
2.1 - 20 16.2 - 1
Vehicle frame
Heater/ventilation basic function
16.2 - 2
Layout
16.2 - 1
Technical data
16.2 - 2
W Water valve
16.2 - 4
Function description
16.2 - 4
Layout
16.2 - 4
Wheel hub
12.1 - 5 12.1 - 6
Windscreen wiper and washer system 16.4 - 1 Front and rear windshield washer system
16.4 - 1
Function description
16.4 - 2
Layout
16.4 - 1
Wiring harnesses Working hydraulics
10.1 - 1 7.0 - 1
Basic function
7.0 - 4
Control valve block
7.0 - 6
Hydraulic quick-change device
7.0 - 7
Hydraulic tank
7.0 - 6
Layout
7.0 - 3
Oil cooler
7.0 - 6
Pilot control
7.0 - 7
Valve block
7.0 - 6
Working hydraulics pump
7.0 - 6
Working hydraulics pump
2.1 -15 7.1 - 1
Basic function
7.1 - 1
Layout
7.1 - 1
Oil supply for the working hydraulics, steering system and brake system
7.1 - 1
Technical data
7.1 - 2
Z Z-bar lift arm
2.1 - 21 17.1 - 1
Basic function
17.1 - 2
Layout
17.1 - 1
Movements of the bucket arm
17.1 - 2
Movements of the working attachment
17.1 - 2
L512-466 / from 0501 L514-467 / from 0501
9 of 10
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8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI
SJ
9RMXW
3TIVEXMRK [IMKLX
OK
8VEGXMZI JSVGI
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
;LIIP PSEHIV [MXL 4PMJX EVQW
:EPMH JSV
0
8LI ZEPYIW WXEXIH VIJIV XS XLI WXERHEVH ZIVWMSR SJ XLI QEGLMRI z ;MXL 4FEV PMJX EVQ QQ ERH [MXL L]HVEYPMG UYMGOGLERKI HIZMGI z ;MXL )1 (YRPST ) X]VIW z 8LI WTIGMJMIH XMTTMRK PSEHW ERH [IMKLX MRGPYHI EPP PYFVMGERXW JYPP JYIP XERO 6347*347 GEF ERH HVMZIV
(MQIRWMSRW SJ QEGLMRI [MXL 4FEV PMJX EVQW 2EQI
:EPYI
&YGOIX GETEGMX] EW TIV (-2 &YGOIX [MHXL
Q
QQ
XQ
% (YQT LIMKLX EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
& 1E\ HYQTMRK LIMKLX
QQ
' 1E\ LIMKLX SJ FYGOIX FEWI
QQ
( 1E\ LIMKLX SJ FYGOIX TMZSX TSMRX
QQ
) 1E\ LIMKLX SJ FYGOIX YTTIV IHKI
QQ
QQ
QQ
, ,IMKLX EFSZI GEF
QQ
- ,IMKLX EFSZI I\LEYWX
QQ
QQ
7TIGMJMG QEXIVMEP [IMKLX
* 6IEGL EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI + (MKKMRK HITXL
. +VSYRH GPIEVERGI 0JVSQ 0JVSQ
9RMXW
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
2EQI
:EPYI
/ ;LIIP FEWI
QQ
0 3ZIVEPP PIRKXL
QQ
8YVRMRK VEHMYW SZIV FYGOIX SYXIV IHKI
QQ
0MJXMRK JSVGI 7%)
O2
&VIEOSYX JSVGI 7%)
O2
8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI 3TIVEXMRK [IMKLX 8VEGXMZI JSVGI
SJ
9RMXW
OK
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
;LIIP PSEHIV [MXL >FEV PMJX EVQ
:EPMH JSV
0
8LI ZEPYIW WXEXIH VIJIV XS XLI WXERHEVH ZIVWMSR SJ XLI QEGLMRI z ;MXL >FEV PMJX EVQ QQ [MXLSYX L]HVEYPMG UYMGOGLERKI HIZMGI z [MXL 6 )1 (YRPST ) X]VIW z 8VEZIP WTIIHW [MXL 6 X]VIW z
8LI WXEXIH XMTTMRK PSEHW ERH [IMKLXW y -RGPYHI EPP PYFVMGERXW JYPP JYIP XERO 6347*347 GEF ERH HVMZIV y ;MXL OK EHHMXMSREP FEPPEWX
(MQIRWMSRW SJ QEGLMRI [MXL >FEV PMJX EVQW 2EQI
:EPYI
&YGOIX GETEGMX] EW TIV (-2 &YGOIX [MHXL
Q
QQ
XQ
% (YQT LIMKLX EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
& 1E\ HYQTMRK LIMKLX
QQ
' 1E\ LIMKLX SJ FYGOIX FEWI
QQ
( 1E\ LIMKLX SJ FYGOIX TMZSX TSMRX
QQ
) 1E\ LIMKLX SJ FYGOIX YTTIV IHKI
QQ
* 6IEGL EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
+ (MKKMRK HITXL
QQ
QQ
7TIGMJMG QEXIVMEP [IMKLX
, ,IMKLX EFSZI GEF
0JVSQ 0JVSQ
9RMXW
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
2EQI
:EPYI
- ,IMKLX EFSZI I\LEYWX
QQ
QQ
/ ;LIIP FEWI
QQ
0 3ZIVEPP PIRKXL
QQ
8YVRMRK VEHMYW SZIV FYGOIX SYXIV IHKI
QQ
. +VSYRH GPIEVERGI
0MJXMRK JSVGI 7%)
O2
&VIEOSYX JSVGI 7%)
O2
8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI 3TIVEXMRK [IMKLX 8VEGXMZI JSVGI
SJ
9RMXW
OK
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
;LIIP PSEHIV [MXL >FEV PMJX EVQ
:EPMH JSV
0
8LI ZEPYIW WXEXIH VIJIV XS XLI WXERHEVH ZIVWMSR SJ XLI QEGLMRI z ;MXL >FEV PMJX EVQ QQ [MXLSYX L]HVEYPMG UYMGOGLERKI HIZMGI z ;MXL 6 +SSH=IEV +4& X]VIW z 8LI WTIGMJMIH XMTTMRK PSEHW ERH [IMKLX MRGPYHI EPP PYFVMGERXW JYPP JYIP XERO 6347*347 GEF ERH HVMZIV
(MQIRWMSRW SJ QEGLMRI [MXL >FEV PMJX EVQW 2EQI
:EPYI
&YGOIX GETEGMX] EW TIV (-2 &YGOIX [MHXL
Q
QQ
XQ
% (YQT LIMKLX EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
& 1E\ HYQTMRK LIMKLX
QQ
' 1E\ LIMKLX SJ FYGOIX FEWI
QQ
( 1E\ LIMKLX SJ FYGOIX TMZSX TSMRX
QQ
) 1E\ LIMKLX SJ FYGOIX YTTIV IHKI
QQ
QQ
QQ
, ,IMKLX EFSZI GEF
QQ
- ,IMKLX EFSZI I\LEYWX
QQ
QQ
7TIGMJMG QEXIVMEP [IMKLX
* 6IEGL EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI + (MKKMRK HITXL
. +VSYRH GPIEVERGI 0JVSQ 0JVSQ
9RMXW
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
2EQI
:EPYI
/ ;LIIP FEWI
QQ
0 3ZIVEPP PIRKXL
QQ
8YVRMRK VEHMYW SZIV FYGOIX SYXIV IHKI
QQ
0MJXMRK JSVGI 7%)
O2
&VIEOSYX JSVGI 7%)
O2
8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI
SJ
9RMXW
3TIVEXMRK [IMKLX
OK
8VEGXMZI JSVGI
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
;LIIP PSEHIV [MXL 4PMJX EVQW
:EPMH JSV
0
8LI ZEPYIW WXEXIH VIJIV XS XLI WXERHEVH ZIVWMSR SJ XLI QEGLMRI z ;MXL 4FEV PMJX EVQ QQ ERH [MXL L]HVEYPMG UYMGOGLERKI HIZMGI z ;MXL 6 )1 (YRPST ) X]VIW z 8VEZIP WTIIHW [MXL 6 X]VIW z
8LI WXEXIH XMTTMRK PSEHW ERH [IMKLXW y -RGPYHI EPP PYFVMGERXW JYPP JYIP XERO 6347*347 GEF ERH HVMZIV y ;MXL OK EHHMXMSREP FEPPEWX
(MQIRWMSRW SJ QEGLMRI [MXL 4FEV PMJX EVQW 2EQI
:EPYI
&YGOIX GETEGMX] EW TIV (-2 &YGOIX [MHXL
Q
QQ
XQ
% (YQT LIMKLX EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
& 1E\ HYQTMRK LIMKLX
QQ
' 1E\ LIMKLX SJ FYGOIX FEWI
QQ
( 1E\ LIMKLX SJ FYGOIX TMZSX TSMRX
QQ
) 1E\ LIMKLX SJ FYGOIX YTTIV IHKI
QQ
QQ
QQ
QQ
7TIGMJMG QEXIVMEP [IMKLX
* 6IEGL EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI + (MKKMRK HITXL , ,IMKLX EFSZI GEF
0JVSQ 0JVSQ
9RMXW
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
2EQI
:EPYI
- ,IMKLX EFSZI I\LEYWX
QQ
QQ
/ ;LIIP FEWI
QQ
0 3ZIVEPP PIRKXL
QQ
8YVRMRK VEHMYW SZIV FYGOIX SYXIV IHKI
QQ
. +VSYRH GPIEVERGI
0MJXMRK JSVGI 7%)
O2
&VIEOSYX JSVGI 7%)
O2
8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI 3TIVEXMRK [IMKLX 8VEGXMZI JSVGI
SJ
9RMXW
OK
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
;LIIP PSEHIV [MXL 4PMJX EVQW
:EPMH JSV
0
8LI ZEPYIW WXEXIH VIJIV XS XLI WXERHEVH ZIVWMSR SJ XLI QEGLMRI z ;MXL 4FEV PMJX EVQ QQ ERH [MXL L]HVEYPMG UYMGOGLERKI HIZMGI z ;MXL 6 +SSH=IEV +4& X]VIW z 8LI WTIGMJMIH XMTTMRK PSEHW ERH [IMKLX MRGPYHI EPP PYFVMGERXW JYPP JYIP XERO 6347*347 GEF ERH HVMZIV
(MQIRWMSRW SJ QEGLMRI [MXL 4FEV PMJX EVQW 2EQI
:EPYI
&YGOIX GETEGMX] EW TIV (-2 &YGOIX [MHXL
Q
QQ
XQ
% (YQT LIMKLX EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI
QQ
& 1E\ HYQTMRK LIMKLX
QQ
' 1E\ LIMKLX SJ FYGOIX FEWI
QQ
( 1E\ LIMKLX SJ FYGOIX TMZSX TSMRX
QQ
) 1E\ LIMKLX SJ FYGOIX YTTIV IHKI
QQ
QQ
QQ
, ,IMKLX EFSZI GEF
QQ
- ,IMKLX EFSZI I\LEYWX
QQ
QQ
7TIGMJMG QEXIVMEP [IMKLX
* 6IEGL EX QE\ PMJXMRK LIMKLX ERH XMPXSYX ERKPI + (MKKMRK HITXL
. +VSYRH GPIEVERGI 0JVSQ 0JVSQ
9RMXW
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
2EQI
:EPYI
/ ;LIIP FEWI
QQ
0 3ZIVEPP PIRKXL
QQ
8YVRMRK VEHMYW SZIV FYGOIX SYXIV IHKI
QQ
0MJXMRK JSVGI 7%)
O2
&VIEOSYX JSVGI 7%)
O2
8MTTMRK PSEH [LIR WXVEMKLX
OK
8MTTMRK PSEH EVXMGYPEXIH
OK
%RKPI SJ EVXMGYPEXMSR XS IEGL WMHI %RKPI SJ W[MRK XS IEGL WMHI
(MIWIP IRKMRI
3TIVEXMRK [IMKLX
OK
8VEGXMZI JSVGI
O2
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
8VEZIP WTIIH z XVEZIP VERKI JSV[EVH ERH VIZIVWI
z
OQL
:EPYI
9RMXW
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV :EPMH JSV
0
2EQI )RKMRI X]TI
( 2%
2YQFIV SJ G]PMRHIVW ']PMRHIV ZSPYQI 6EXIH TS[IV EGGSVHMRK XS -73 6EXIH WTIIH 1E\ XSVUYI EX QMR 0S[IV MHPMRK WTIIH 9TTIV MHPMRK WTIIH
GQ O; LT QMR 2Q
QMR
QMR
-RPIX ZEPZI TPE] GSPH
QQ
3YXPIX ZEPZI TPE] GSPH
QQ
'SSPERX XLIVQSWXEX STIRMRK XIQTIVE XYVI -RGPMREFMPMX] z PSRKMXYHMREP XVEZIVWI
'
3TIVEXMRK ZSPXEKI SJ XLI WXEVXIV
:
4S[IV GSRWYQTXMSR SJ XLI WXEVXIV
O;
3YXTYX ZSPXEKI SJ EPXIVREXSV
:
'YVVIRX SYXTYX JVSQ EPXIVREXSV
%
)QMWWMSR PMQMX ZEPYIW MR EGGSVHERGI [MXL
SJ
9RMXW
0-)&,)66
-73 )4%
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
(MIWIP IRKMRI
:EPMH JSV
0
2EQI
:EPYI
)RKMRI X]TI
( 8
2YQFIV SJ G]PMRHIVW
']PMRHIV ZSPYQI
6EXIH TS[IV EGGSVHMRK XS -73
6EXIH WTIIH
1E\ XSVUYI EX QMR
QMR
-RPIX ZEPZI TPE] GSPH
QQ
3YXPIX ZEPZI TPE] GSPH
QQ
'
3TIVEXMRK ZSPXEKI SJ XLI WXEVXIV
:
4S[IV GSRWYQTXMSR SJ XLI WXEVXIV
O;
3YXTYX ZSPXEKI SJ EPXIVREXSV
:
'YVVIRX SYXTYX JVSQ EPXIVREXSV
%
-73 )4%
2EQI
:EPYI
9RMXW
8ERO PIZIP *900
P
8ERO 6)7)6:)
P
:EPMH JSV
0 0 :EPYI
*MPXIV X]TI
-RPMRI JMPXIV
*MPXIV REQI
%0
2EQI
:EPYI
8]TI
9RMXW
9RMXW
*MRI JYIP JMPXIV [MXL [EXIV WITEVEXSV
2EQI
:EPYI
8]TI
0JVSQ 0JVSQ
2Q
9TTIV MHPMRK WTIIH
2EQI
'SYTPMRK
QMR
QMR
)QMWWMSR PMQMX ZEPYIW MR EGGSVHERGI [MXL
*MRI JYIP JMPXIV
O; LT
-RGPMREFMPMX] z PSRKMXYHMREP XVEZIVWI
*YIP TVIJMPXIV
GQ
0S[IV MHPMRK WTIIH
'SSPERX XLIVQSWXEX STIRMRK XIQTIVE XYVI
*YIP XERO
9RMXW
9RMXW
'*/ %
0-)&,)66
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
+IEV[LIIP TYQT
'SSPMRK W]WXIQ 2EQI
:EPYI
(MWTPEGIQIRX +IEV QSXSV
2EQI
:EPYI
(MWTPEGIQIRX SJ XLI KIEV QSXSV 4VIWWYVI VIPMIJ ZEPZI
:EVMEFPI HMWTPEGIQIRX TYQT
:EPMH JSV
GQ
FEV
:EPYI
9RMXW
%:+ (%
1E\ HMWTPEGIQIRX *PS[ EX VEXIH IRKMRI WTIIH
GQ
PQMR
4S[IV SYXTYX
O;
(MWTPEGIQIRX SJ XLI VITPIRMWLMRK TYQT
GQ
1EWW
OK
FEV
4VIWWYVI GYXSJJ :EPMH JSV
0
2EQI
:EPYI
8]TI
9RMXW
%:+ (%
1E\ HMWTPEGIQIRX *PS[ EX VEXIH IRKMRI WTIIH
GQ
PQMR
4S[IV SYXTYX
O;
(MWTPEGIQIRX SJ XLI VITPIRMWLMRK TYQT
GQ
1EWW
OK
FEV
4VIWWYVI GYXSJJ :EPMH JSV
0
2EQI
:EPYI
8]TI
SJ
9RMXW
0 0
8]TI
:EVMEFPI HMWTPEGIQIRX QSXSV
GQ
8VEZIP L]HVEYPMGW
2EQI
:EVMEFPI HMWTPEGIQIRX TYQT
9RMXW
9RMXW
%:1 (%
1E\ HMWTPEGIQIRX
GQ
1MR HMWTPEGIQIRX
GQ
1E\WTIIH
QMR
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
2EQI
:EPYI
8SVUYI (T FEV
:EVMEFPI HMWTPEGIQIRX QSXSV
OK
'SRXVSP VERKI [LIR XVEZIPPMRK
FEV
:EPMH JSV
'SRXVSP ZEPZI FPSGO
:EPYI
1E\ HMWTPEGIQIRX
GQ
1MR HMWTPEGIQIRX
GQ
1E\WTIIH
QMR
8SVUYI (T FEV
2Q
1EWW
OK
'SRXVSP VERKI [LIR XVEZIPPMRK
FEV
2EQI
:EPYI
8]TI
4
9RMXW
(MWTPEGIQIRX
GQ
*PS[ EX VEXIH IRKMRI WTIIH
PQMR
4S[IV SYXTYX
O;
2EQI
:EPYI
8]TI
71
9RMXW
QQ
4VMQEV] TVIWWYVI VIPMIJ ZEPZI 0
FEV
4VMQEV] TVIWWYVI VIPMIJ ZEPZI 0
FEV
2EQI
:EPYI
9RMXW
8,*
2EQI
:EPYI
,]HVS EGGYQYPEXSV ZSPYQI 4VIPSEH TVIWWYVI RMXVSKIR JMPPMRK
0JVSQ 0JVSQ
;SVOMRK L]HVEYPMGW
8]TI ,]HVS EGGYQYPEXSV z TMPSX GSRXVSP
9RMXW
%:1 (%
'SRXVSP TMWXSR HMEQIXIV
4MPSX GSRXVSP YRMX
0
8]TI
;SVOMRK L]HVEYPMGW TYQT
2Q
1EWW
2EQI
9RMXW
0-)&,)66
9RMXW
GQ
FEV
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
0MJX G]PMRHIV >FEV OMRIQEXMGW
:EPMH JSV
0 0
2EQI
:EPYI
4MWXSR HMEQIXIV
0MJX G]PMRHIV >FEV OMRIQEXMGW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
:EPMH JSV
0
2EQI
:EPYI
4MWXSR HMEQIXIV
0MJX G]PMRHIV 4FEV OMRIQEXMGW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
2EQI
:EPYI
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
:EPMH JSV
0 :EPYI
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
:EPMH JSV
0 :EPYI
4MWXSR HMEQIXIV
6IXYVR WYGXMSR JMPXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
2EQI
:EPYI
9RMXW
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
2EQI
:EPYI
9RMXW
76 0
*MPXVEXMSR KVEHI 2EQI
:EPYI
8]TI
Q 9RMXW
7/
*MPXVEXMSR KVEHI
SJ
9RMXW
8]TI
6IXYVR WXVEMRIV
9RMXW
2EQI
8MPX G]PMRHIV 4OMRIQEXMGW
9RMXW
2EQI
8MPX G]PMRHIV >FEV OMRIQEXMGW
9RMXW
4MWXSR HMEQIXIV
8MPX G]PMRHIV >FEV OMRIQEXMGW
9RMXW
0-)&,)66
Q
0JVSQ 0JVSQ
7IVZMGI QERYEP
8IGLRMGEP HEXE 8IGLRMGEP HEXE
:EPZI FPSGO
7IVZSWXEX
7XIIVMRK W]WXIQ 2EQI
:EPYI
8]TI
78%'
%GGYQYPEXSV GLEVKI ZEPZI W[MXGLSR TSMRX
FEV
%GGYQYPEXSV GLEVKI ZEPZI W[MXGLSJJ TSMRX
FEV
7XIIVMRK TVIWWYVI VIPMIJ ZEPZI
FEV
2EQI
:EPYI
8]TI
7IGSRHEV] TVIWWYVI VIPMIJ
)QIVKIRG] WXIIVMRK TYQT
2EQI
9RMXW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
2EQI
:EPYI
9RMXW
&SWGL %
4VIWWYVI VIPMIJ ZEPZI
GQ
FEV
2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI Switching point
5 :EPYI
8]TI
7YGS
7[MXGLMRK TSMRX
0-)&,)66
9RMXW
23 W[MXGL
2EQI
7[MXGL X]TI
0JVSQ 0JVSQ
FEV
4MWXSR HMEQIXIV
(MWTPEGIQIRX
)QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL
GQ
:EPYI
8]TI
)QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL
9RMXW
)EXSR
(MWTPEGIQIRX
7XIIVMRK G]PMRHIV
9RMXW
FEV 9RMXW
23 W[MXGL
FEV
SJ
8IGLRMGEP HEXE
7IVZMGI QERYEP
8IGLRMGEP HEXE
1EMR FVEOI G]PMRHIV
&VEOI W]WXIQ 2EQI
:EPYI
8]TI
7EJMQ
&VEOI TVIWWYVI EX OK TIHEP JSVGI 4EVOMRK FVEOI TVIWWYVI W[MXGL
2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI
(MWO FVEOI
)PIGXVMGEP W]WXIQ
8VERWJIV KIEV
SJ
23 W[MXGL FEV
2EQI
:EPYI
9RMXW
QQ
7IVZMGI FVEOI PMRMRK XLMGORIWW 2);
QQ
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7IVZMGI QERYEP
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8IGLRMGEP HEXE
7IVZMGI QERYEP
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0
2EQI
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2EQI
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9RMXW O;
>FEV PMROEKI ERH GSRRIGXMRK PMRO >FEV PMJX EVQ
8MPX G]PMRHIV ^FEV PMROEKI ERH GSRRIGXMRK PMRO PYFVMGEXMSR TSMRXW >FEV PMROEKI PYFVMGEXMSR TSMRX *VSRX XMPX G]PMRHIV PYFVMGEXMSR TSMRX
SJ
6IEV XMPX G]PMRHIV PYFVMGEXMSR TSMRX 'SRRIGXMRK PMRO PYFVMGEXMSR TSMRX
y y
+VIEWI SRI PYFVMGEXMSR TSMRX SR XLI >FEV PMROEKI
y
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI GSRRIGXMRK PMRO
0YFVMGEXI XLI FIEVMRK SR XLI XMPX G]PMRHIV F] KVIEWMRK XLI JVSRX PYFVMGE XMSR TSMRX ERH XLI VIEV PYFVMGEXMSR TSMRX
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 1EMRXIRERGI XEWOW
4FEV PMJX EVQ
8MPX G]PMRHIV >FEV PMROEKI ERH GSRRIGXMRK PMRO PYFVMGEXMSR TSMRXW *VSRX GSRRIGXMRK PMRO PYFVMGE XMSR TSMRXW *VSRX >FEV PMROEKI PYFVMGEXMSR TSMRXW *VSRX XMPX G]PMRHIV PYFVMGEXMSR TSMRX
0JVSQ 0JVSQ
6IEV >FEV PMROEKI PYFVMGEXMSR TSMRXW 6IEV GSRRIGXMRK PMRO PYFVMGE XMSR TSMRX 6IEV XMPX G]PMRHIV PYFVMGEXMSR TSMRX
y
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI VMKLX ERH PIJX >FEV PMROEKI EX XLI JVSRX
y
0YFVMGEXI X[S PYFVMGEXMSR TSMRXW SR XLI PIJX ERH VMKLX GSRRIGXMRK PMRO EX XLI JVSRX
y
0YFVMGEXI XLI FIEVMRKW SR XLI XMPX G]PMRHIVW F] KVIEWMRK XLI JVSRX PYFVMGE XMSR TSMRX ERH XLI VIEV PYFVMGEXMSR TSMRX
y
0YFVMGEXI X[S PYFVMGEXMSR TSMRXW SR XLI VMKLX ERH PIJX VIEV >FEV PMROEKI
y
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI VIEV PIJX ERH VMKLX GSRRIGXMRK PMRO
0-)&,)66
SJ
1EMRXIRERGI
7IVZMGI QERYEP
1EMRXIRERGI XEWOW
'LIGOMRK ERH PYFVMGEXMRK XLI FYGOIX FIEVMRK 8LI PS[IV FYGOIX FIEVMRKW WLSYPH FI PYFVMGEXIH HEMP] MJ RIGIWWEV]
>FEV PMJX EVQW [MXLSYX UYMGOGLERKI HIZMGI 'LIGOMRK XLI FYGOIX FIEVMRK
&YGOIX FIEVMRK &IEVMRK FYWLMRK JSV FYGOIX EVQ &IEVMRK FYWLMRK JSV GSRRIGX MRK PMRO
%%
6EHMEP WIEPMRK VMRK &YGOIX EVQ &YGOIX FIEVMRK TPEXI 'VSWWWIGXMSR
y
'LIGO XLI FIEVMRK FYWLIW SR XLI FYGOIX EVQ JSV [IEV ERH VITPEGI [MXL XLI VEHMEP WIEPMRK VMRKW MJ RIGIWWEV]
y
'LIGO XLI FIEVMRK FYWL SR XLI GSRRIGXMRK PMRO JSV [IEV ERH VITPEGI [MXL XLI VEHMEP WIEPMRK VMRKW MJ RIGIWWEV]
0YFVMGEXMRK XLI FYGOIX FIEVMRK
&YGOIX GSYTPMRK PYFVMGEXMSR TSMRXW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 1EMRXIRERGI XEWOW
'SRRIGXMRK PMRO PYFVMGEXMSR TSMRX
&YGOIX FIEVMRK PYFVMGEXMSR TSMRX
y y y
%% 'VSWWWIGXMSR
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI GSRRIGXMRK PMRO 0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI FSXXSQ PIJX FYGOIX FIEVMRK 0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI FSXXSQ VMKLX FYGOIX FIEVMRK
4PMJX EVQW [MXL UYMGOGLERKI HIZMGI
5YMGOGLERKI HIZMGI PYFVMGEXMSR TSMRXW
y y
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI PIJX FIEVMRK
'LIGOMRK XLI PMJX EVQW ERH FYGOIX WXSTW
y
0JVSQ 0JVSQ
0YFVMGEXI SRI PYFVMGEXMSR TSMRX SR XLI VMKLX FIEVMRK
'LIGO XLI WXSTW JSV [IEV
0-)&,)66
SJ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
8IWXW EHNYWXQIRX
4VITEVEXSV] XEWOW FIJSVI GLIGOMRK ERH EHNYWXMRK 3RP] XVEMRIH ERH EYXLSVMWIH WTIGMEPMWX XIGLRMGMERW QE] TIVJSVQ EHNYWXQIRX [SVO SR XLI QEGLMRI HYVMRK XLI KYEVERXII TIVMSH 1EOI WYVI XLEX z 8LI QEGLMRI MW MR QEMRXIRERGI TSWMXMSR z 8LI QEGLMRI MW [EVQ I\GITX JSV XLI JER XIWX z =SY ORS[ XLI XLI EHNYWXQIRX HEXE WTIGMJMG XS XLI HIZMGIW SV LEZI MX EX LERH z 7IEPW ERH WEJIX] GETW EVI VIEH] z =SY LEZI XLI JSPPS[MRK WTIGMEP XSSPW
2YQFIV
7TIGMEP XSSPW (IWGVMTXMSR FEV GPEWW TVIWWYVI KEYKI FEV GPEWW TVIWWYVI KEYKI QQ XIWX PIEH QQ XIWX PIEH 8EGLSQIXIV 3RS 7SOOM 8IQTIVEXYVI QIEWYVMRK HIZMGI 017 EPXIVREXMZI
-( RS
7EJIX] TVIGEYXMSRW FIJSVI GLIGOMRK ERH EHNYWXMRK %GGMHIRX TVIZIRXMSR VIKYPEXMSRW QYWX FI SFWIVZIH EX EPP XMQIW HYVMRK QEMRXIRERGI [SVO 7II XLI w1IEWYVIW XS IRWYVI WEJI QEMRXIRERGIx MR XLI w7EJIX] VIKYPEXMSRWx WIGXMSR 1EOI WYVI XLEX ZMWYEP GSRXEGX FIX[IIR XLI STIVEXSV MR XLI GEF ERH QEMRXIRERGI TIVWSRRIP MW EP[E]W QEMRXEMRIH
:MWYEP GSRXEGX
'LIGOMRK XLI WTIIH SJ XLI HMIWIP IRKMRI 8LI WTIIH SJ XLI HMIWIP IRKMRI GER FI GLIGOIH YWMRK E XEGLSQIXIV F] XEOMRK E TYPWI WMKREP JVSQ XLI MRNIGXMSR PMRI
0JVSQ 0JVSQ
0-)&,)66
SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
4VSGIHYVI
1IEWYVMRK XLI IRKMRI WTIIH
y
'PIER ER] TEMRX JVSQ XLI MRNIGXMSR PMRI SJ XLI JSYVXL G]PMRHIV JVSQ XLI JP][LIIP WMHI
y
'SRRIGX XLI TYPWI HIXIGXSV SJ XLI XEGLSQIXIV 3RS 7SOOM XS XLI MRNIGXMSR PMRI SJ XLI JSYVXL G]PMRHIV
y
7XEVX XLI HMIWIP IRKMRI ERH GLIGO XLI XST ERH FSXXSQ IRKMRI WTIIHW
%HNYWXMRK XLI IRKMRI WTIIH
%HNYWXMRK PIZIV 'SQTIRWEXMRK WTVMRK 1E\MQYQ PMQMX WXST 1MRMQYQ PMQMX WXST
W
7TMRHPI 4IHEP WXST +EW TIHEP 4PE]
y
-J XLI IRKMRI WTIIH MW XSS PS[ 1EOI GSVVIGXMSRW XS XLI WXSTW SR XLI KEW TIHEP ERH XLI MRNIGXMSR TYQT
y y
7IX XLI FSXXSQ MHPMRK WTIIH SR XLI QMRMQYQ PMQMX WXST 7IX XLI XST MHPMRK WTIIH SR XLI QE\MQYQ PMQMX WXST
%HNYWX XLI PIRKXL GSQTIRWEXMSR TPE] EW JSPS[W
y
4YWL XLI KEW TIHEP HS[R F] LERH YRXMP ]SY JIIP XLI WTIIH EHNYWX QIRX PIZIV XSYGL XLI PMQMX WXST WGVI[
8LI TPE] z W FIX[IIR XLI PMQMX WXST WGVI[ ERH XLI KEW TIHEP WLSYPH FI z QQ 8LI z QQ TPE] F] [LMGL XLI KEW TIHEP GER WXMPP FI TYWLIH HS[R MW FEPERGIH F] XLI GSQTIRWEXMRK WTVMRK
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
y
-J XLI TPE] z W MW RSX z QQ %HNYWX XLI PMQMX WXST WGVI[ EGGSVHMRKP]
'LIGO ERH EHNYWX XLI KEW TIHEP ERKPI EW JSPS[W z 1IEWYVI XLI HMWXERGI JVSQ XLI XST SJ XLI TIHEP XS XLI GEF JPSSV [MXLSYX XLI JPSSV QEX 8LI WXERHEVH JEGXSV] WIXXMRK MW QQ z =SY GER EHNYWX XLI KEW TIHEP ERKPI MJ RIGIWWEV] YWMRK XLI WTMRHPI
y
-J ]SY RIIH XS GSVVIGX XLI TIHEP ERKPI 9RTMR XLI WTMRHPI SR XLI KEW TIHEP ERH XYVR XLI WTMRHPI GPSGO[MWI SV ERXMGPSGO[MWI XS VEMWI SV PS[IV XLI ERKPI SJ XLI TIHEP
y
%JXIV WIXXMRK XLI ERKPI SJ XLI KEW TIHEP VIEHNYWX XLI PMQMX WXST WGVI[ EW HIWGVMFIH EFSZI
2EQI 0S[IV MHPMRK WTIIH 9TTIV MHPMRK WTIIH
:EPYI 9RMX QMR QMR
'LIGOMRK XLI TVIWWYVI VIPMIJ ZEPZI SJ XLI JER QSXSV ERH XLI JER GSRXVSP 8LI JSPPS[MRK XIWXW QYWX FI TIVJSVQIH SR XLI JER HVMZI z 'LIGOMRK XLI TVIWWYVI VIPMIJ ZEPZI SJ XLI JER QSXSV [MXL XLI TVSTSV XMSREP QEKRIX HMWGSRIGXIH z 'LIGOMRK XLI JER [MXL XLI XIQTIVEXYVI WIRWSV HMWGSRRIGXIH z 'LIGOMRK XLI JER [MXL XLI HMIWIP IRKMRI VYRRMRK EX XST WTIIH
'LIGO XLI JER YWMRK XLI W]WXIQ TVIWWYVI EX XLI QIEWYVMRK GSRRIGXMSR SJ XLI KIEV TYQT SR XLI HMIWIP IRKMRI 8LI JPYMHW QYWX FI [MXLMR XLI XIQTIVEXYVI VERKIW PMWXIH FIPS[ [LIR ]SY GLIGO XLI JER
0JVSQ 0JVSQ
0-)&,)66
SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
1EOI WYVI XLEX z 8LI L]HVEYPMG SMP XIQTIVEXYVI MW FIX[IIR ' ERH ' z 8LI GSSPERX XIQTIVEXYVI MW FIX[IIR ' ERH ' -J XLI L]HVEYPMG SMP XIQTIVEXYVI MW EFSZI ' SV XLI GSSPERX XIQTIVEXYVI MW EFSZI ' XLI JER WTIIH MRGVIEWIW 8LMW QEOIW MX MQTSWWMFPI XS EGGYVEXIP] XIWX XLI JER GSRXVSPW 'LIGOMRK XLI TVIWWYVI VIPMIJ ZEPZI SR XLI JER QSXSV
y
'SRRIGX XLI TVIWWYVI KEYKI FEV XS XLI QIEWYVMRK GSRRIGXMSR SR XLI KIEV TYQT
y y y y
(MWGSRRIGX XLI TPYK SR XLI TVSTSVXMSREP ZEPZI SJ XLI JER QSXSV 7XEVX XLI HMIWIP IRKMRI ERH XEOI MX XS YTTIV MHPMRK WTIIH 'LIGO [LIXLIV XLI TVIWWYVI MW EW WTIGMJMIH EX XLI YTTIV MHPMRK WTIIH -J XLI TVIWWYVI MW RSX EW WTIGMJMIH %HNYWX XLI TVIWWYVI VIPMIJ ZEPZI EX XLI TVSTSVXMSREP ZEPZI YWMRK E QQ STIR IRHIH [VIRGL JSV XLI EHNYWXMRK WGVI[ 8LI GSYRXIV RYX MW E VSYRH RYX
8YVR XLI WGVI[ GPSGO[MWI XS MRGVIEWI XLI TVIWWYVI ERH ERXMGPSGO[MWI XS VIHYGI XLI TVIWWYVI
y y y
8EOI SJJ XLI TVSXIGXMZI GET 7IX XLI EHNYWXMRK WGVI[ SR XLI TVSTSVXMSREP ZEPZI 6IGSRRIGX XLI TPYK SJ XLI TVSTSVXMSREP ZEPZI
2EQI 4VIWWYVI EX XLI JER TYQT *ER WTIIH
:EPYI 9RMX FEV QMR
'LIGOMRK XLI JER [MXL XLI XIQTIVEXYVI WIRWSV HMWGSRRIGXIH 8LMW XIWX WMQYPEXIW E WIRWSV JEMPYVI 8LI JER VYRW YT XS E LMKL WTIIH
y
SJ
(MWGSRRIGX XLI TPYK SJ XLI L]HVEYPMG SMP XIQTIVEXYVI WIRWSV WII XLI HMEKVEQ EFSZI
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
y y y
7XEVX XLI HMIWIP IRKMRI ERH XEOI MX XS YTTIV MHPMRK WTIIH
y
4PYK XLI L]HVEYPMG SMP XIQTIVEXYVI WIRWSV MR EKEMR
'LIGO [LIXLIV XLI TVIWWYVI MW EW WTIGMJMIH EX XLI YTTIV MHPMRK WTIIH -J XLI TVIWWYVI MW RSX EW WTIGMJMIH -HIRXMJ] XLI JEYPX ERH VIGXMJ] MX
2EQI 4VIWWYVI EX XLI JER TYQT *ER WTIIH
:EPYI 9RMX FEV QMR
'LIGOMRK XLI JER [MXL XLI HMIWIP IRKMRI VYRRMRK EX XST WTIIH 8LI TVSTSVXMSREP ZEPZI ERH XLI L]HVEYPMG SMP XIQTIVEXYVI WIRWSV QYWX FI TPYKKIH MR EKEMR JSV XLMW XIWX
y y y
7XEVX XLI HMIWIP IRKMRI ERH XEOI MX XS YTTIV MHPMRK WTIIH 'LIGO [LIXLIV XLI TVIWWYVI MW EW WTIGMJMIH EX XLI YTTIV MHPMRK WTIIH -J XLI TVIWWYVI MW RSX EW WTIGMJMIH -HIRXMJ] XLI JEYPX ERH VIGXMJ] MX
2EQI 4VIWWYVI EX XLI JER TYQT *ER WTIIH
:EPYI 9RMX FEV QMR
'LIGOMRK XLI XVEZIP L]HVEYPMGW MR XLI FPSGO GSRHMXMSR 8LI FPSGO GSRHMXMSR MW VIUYMVIH JSV XLI JSPPS[MRK XIWXMRK TVSGIHYVIW z 'LIGOMRK GSRXVSP FIKMR z 'LIGOMRK XLI TYQT SYXTYMX EX FEV z 'LIGOMRK XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI z 'LIGOMRK XLI TVIWWYVI GYXSJJ z 'LIGOMRK XLI ZEVMEFPI HMWTPEGIQIRX QSXSV [MXLMR XLI GSRXVSP VERKI &PSGO GSRHMXMSR QIERW XLEX XLI QEGLMRI MW MR E FPSGOIH WXEXI 8LMW QIERW ]SY QYWX WXST XLI QEGLMRI YWMRK XLI WIVZMGI FVEOI ERH EX XLI WEQI XMQI HVMZI EKEMRWX E WSPMH SFWXEGPI *SV FPSGO GSRHMXMSR XLI MRGLMRK JYRGXMSR QYWX FI HIEGXMZEXIH 4VSGIHYVI y 8EOI SYX XLI VIXEMRMRK TMR JVSQ XLI FEPP NSMRX
y y y
0JVSQ 0JVSQ
(IXEGL XLI FEPP NSMRX JVSQ XLI MRGLFVEOI TIHEP 7XEVX XLI QEGLMRI ERH WIPIGX XLI JSV[EVH XVEZIP HMVIGXMSR (VMZI XLI QEGLMRI EKMRWX E WSPMH SFWXEGPI ERH JYPP] IRKEKI XLI WIVZMGI FVEOI
0-)&,)66
SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
7PMTTMRK SJJ XLI FVEOI TIHEP [MPP GEYWI XLI QEGLMRI XS HVMZI SJJ UYMGOP] &I[EVI RSX XS HVMZI SZIV TISTPI ERH SFWXEGPIW (S RSX EPPS[ ER]SRI MRXS XLI HERKIV EVIE [LMPI XLI XIWX MW FIMRK GSRHYGXIH
(ERKIV
y y
(ITIRHMRK SR XLI XIWX TVSGIHYVI MRGVIEWI XLI HMIWIP IRKMRI WTIIH %JXIV GSQTPIXMRK XLI XIWX EXXEGL XLI NSMRX XS XLI MRGLFVEOI TIHEP EKEMR
'LIGOMRK XLI VITPIRMWLMRK TVIWWYVI SJ XLI XVEZIP TYQT 4VSGIHYVI 8LI VITPIRMWLMRK TVIWWYVI MW QIEWYVIH EX XIWX GSRRIGXMSR +
y y y y
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR + 7XEVX XLI IRKMRI ERH PIX MX VYR EX YTTIV MHPMRK WTIIH 'LIGO [LIXLIV XLI VITPIRMWLMRK TVIWWYVI MW EW WTIGMJMIH -J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI YRXMP XLI VITPIRMWLMRK TVIWWYVI VIEGLIW XLI WTIGMJMIH ZEPYI
2EQI 6ITPIRMWLMRK TVIWWYVI
:EPYI 9RMX FEV
'LIGOMRK XLI VIKYPEXMSR FIKMR SJ XLI XVEZIP TYQT ;LIR XLI ZEVMEFPI HMWTPEGIQIRX TYQT VIEGLIW VIKYPEXMSR FIKMR XLI TYQT FIKMRW XS HIPMZIV SMP ;LIR MR FPSGO GSRHMXMSR LMKL TVIWWYVI VMWIW MR TVSTSVXMSR XS HMIWIP IRKMRI WTIIH ;LIR XLI VIKYPEXMSR FIKMR MW WIX GSVVIGXP] FEV LMKL TVIWWYVI [MPP FI TVSHYGIH EX E WTIGMJMG HMIWIP IRKMRI WTIIH 4VSGIHYVI y %XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1%
y y
4YX XLI QEGLMRI MR FPSGO GSRHMXMSR
y y
'LIGO [LIXLIV XLI VITPIRMWLMRK TVIWWYVI MW EW WTIGMJMIH
y
8LI GSRXVSP TVIWWYVI WLSYPH FI [MXLMR XLI WXEXIH VERKI
;LIR MR FPSGO GSRHMXMSR WPS[P] MRGVIEWI XLI IRKMRI WTIIH YRXMP XLI TVIWWYVI KEYKI VIEHW TVIGMWIP] FEV
-J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI GSRXVSP ZEPZI YRXMP XLI IRKMRI WTIIH VIEGLIW XLI WTIGMJMIH ZEPYI
2EQI (MIWIP IRKMRI WTIIH 'SRXVSP TVIWWYVI
SJ
0-)&,)66
:EPYI 9RMX QMR FEV 0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
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
4VSGIHYVI y %XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1%
y y
4YX XLI QEGLMRI MR FPSGO GSRHMXMSR
y
'LIGO [LIXLIV XLI HMIWIP IRKMRI WTIIH GSVVIWTSRHW XS XLI WTIGMJMIH ZEPYI
y
-J XLI IRKMRI WTIIH MW RSX EW WTIGMJMIH 8YVR XLI X[MWX WGVI[ YRXMP XLI IRKMRI WTIIH VIEGLIW XLI WTIGMJMIH ZEPYI
y
8LI GSRXVSP TVIWWYVI WLSYPH FI [MXLMR XLI WXEXIH VERKI
;LIR MR FPSGO GSRHMXMSR WPS[P] MRGVIEWI XLI HMIWIP IRKMRI WTIIH YRXMP XLI TVIWWYVI KEYKI 1% VIEHW TVIGMWIP] FEV
2EQI (MIWIP IRKMRI WTIIH 'SRXVSP TVIWWYVI
0JVSQ 0JVSQ
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SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
'LIGOMRK XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW SJ XLI XVEZIP TYQT 8LI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW TVSXIGX XLI ZEVMEFPI HMWTPEGI QIRX TYQT JVSQ TVIWWYVI TIEOW 8LIWI GER EVMWI [LIR XLI QEGLMRI MW FVEOIH ;LIR XLIWI TVIWWYVI TIEOW EVI VIEGLIH SMP JPS[W JVSQ XLI LMKL TVIWWYVI WMHI XS XLI PS[ TVIWWYVI WMHI MR E GPSWIH GMVGYMX ZME XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI 4VSGIHYVI 8S SFXEMR XLI EHNYWXQIRX ZEPYI SJ XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW XLI TVIWWYVI GYXSJJ QYWX FI VIEHNYWXIH XS E LMKLIV ZEPYI
'EYXMSR
:EPMH JSV
y y y
8MKLXIR XLI EHNYWXMRK WGVI[ SR XLI TVIWWYVI GYXSJJ F] X[S XYVRW
z
8LI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI JSV XLI VIZIVWI XVEZIP HMVIGXMSR QYWX SRP] FI GLIGOIH HYVMRK VITEMVW SV MR XLI IZIRX SJ E JEYPX
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1% 4YX XLI QEGLMRI MR FPSGO GSRHMXMSR
,IEX MW VETMHP] KIRIVEXIH EW XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW EVI XIWXIH )\GIWWMZI XIQTIVEXYVIW GER MVVITEVEFP] HEQEKI XLI TYQT 8IWX XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW JSV E WLSVX TIVMSH SRP]
y
;MXL XLI QEGLMRI MR FPSGO GSRHMXMSR MRGVIEWI XLI IRKMRI WTIIH XS XLI LMKLIWX WTIIH
y y
'LIGO [LIXLIV XLI LMKL TVIWWYVI MW EW WTIGMJMIH
y
9RWGVI[ XLI EHNYWXMRK WGVI[ F] X[S XYVRW ERH GLIGO XLI TVIWWYVI GYXSJJ
-J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI YRXMP XLI LMKL TVIWWYVI VIEGLIW XLI WTIGMJMIH ZEPYI
0 0 2EQI ,MKL TVIWWYVI
:EPMH JSV
0 2EQI ,MKL TVIWWYVI
SJ
:EPYI 9RMX FEV
0-)&,)66
:EPYI 9RMX FEV
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
'LIGOMRK XLI TVIWWYVI GYXSJJ SJ XLI XVEZIP TYQT 8LI TVIWWYVI GYXSJJ PMQMXW XLI QE\MQYQ TVIWWYVI MR XLI ZEVMEFPI HMWTPEGI QIRX TYQT ;LIR XLMW TVIWWYVI MW VIEGLIH XLI TYQT EYXSQEXMGEPP] VIKY PEXIW XLI TYQT JPS[ MR SVHIV XS QEMRXEMR XLI TVIWWYVI 8LMW VIHYGIW XLI IRKMRI PSEH F] E GIVXEMR HIKVII % WPMKLX VIHYGXMSR MR IRKMRI PSEH ETTVS\ QMR MRHMGEXIW WPMKLX PIEOEKI MR XLI GPSWIH GMVGYMX % KVIEXIV VIHYGXMSR MR IRKMRI PSEH GER MRHMGEXI XLEX XLIVI MW I\GIWWMZI PIEOEKI XLEX XLI TVIWWYVI GYXSJJ MW RSX [SVOMRK TVSTIVP] SV XLEX WSQI SXLIV JEYPX MW TVIWIRX 4VSGIHYVI y %XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1%
:EPMH JSV
y y
4YX XLI QEGLMRI MR FPSGO GSRHMXMSR
y
'LIGO [LIXLIV XLI LMKL TVIWWYVI SR XLI TVIWWYVI KEYKI 1% MW EW WTIGMJMIH
y
-J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI TVIWWYVI GYXSJJ YRXMP XLI TVIWWYVI KEYKI 1% VIEGLIW XLI WTIGMJMIH ZEPYI
y
8LI IRKMRI TVIWWYVI WLSYPH FI [MXLMR XLI WXEXIH VERKI
;MXL XLI QEGLMRI MR FPSGO GSRHMXMSR MRGVIEWI XLI IRKMRI WTIIH XS XLI LMKLIWX WTIIH
0 0 2EQI ,MKL TVIWWYVI 1E\MQYQ IRKMRI TVIWWYVI XS XLI XST MHPMRK WTIIH
:EPMH JSV
QMR
0 2EQI ,MKL TVIWWYVI 1E\MQYQ IRKMRI TVIWWYVI XS XLI XST MHPMRK WTIIH
0JVSQ 0JVSQ
:EPYI 9RMX FEV
0-)&,)66
:EPYI 9RMX FEV QMR
SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
'LIGOMRK XLI ZEVMEFPI HMWTPEGIQIRX QSXSV [MXLMR XLI GSRXVSP VERKI 4VSGIHYVI 8IWX XLI ZEVMEFPI HMWTPEGIQIRX QSXSV [LMPI EGGIPIVEXMRK XLI QEGLMRI ;MXLMR E GIVXEMR WTIIH VERKI XLI ZEVMEFPI HMWTPEGIQIRX QSXSV VIKYPEXIW HS[R JVSQ 5QE\ XS 5QMR 8LI LMKL TVIWWYVI QYWX FI EW WTIGMJMIH HYVMRK XLI VIKYPEXMRK TLEWI
:EPMH JSV
y
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1% SR XLI %:+ ZEVMEFPI HMWTPEGIQIRX TYQT
y
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1 SR XLI ZEVMEFPI HMWTPEGIQIRX QSXSV
y y y
7XEVX XLI IRKMRI WIPIGX XLI JSV[EVHW XVEZIP HMVIGXMSR ERH XVEZIP VERKI
y
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y
-J XLI LMKL TVIWWYVI MR XLI GSRXVSP VERKI MW XSS PS[ 8MKLXIR XLI EHNYWXMRK WGVI[
%GGIPIVEXI XLI QEGLMRI EX JYPP XLVSXXPI SR E PIZIP XVEGO 'LIGO XLEX XLI LMKL TVIWWYVI EX XLI XIWX GSRRIGXMSR 1% MW EW WTIGMJMIH [MXLMR XLI GSRXVSP VERKI SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV OQL
0 2EQI ,MKL TVIWWYVI
:EPMH JSV
0 2EQI ,MKL TVIWWYVI
:EPYI 9RMX FEV
:EPYI 9RMX FEV
'LIGOMRK XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZIW SR XLI GSRXVSP ZEPZI FPSGO 4VSGIHYVI -R SVHIV XS GLIGO XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI ]SY QYWX MRGVIEWI XLI WIXXMRK SJ XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZI
SJ
y
8MKLXIR XLI EHNYWXMRK WGVI[ SR XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZI SR XLI GSRXVSP ZEPZI FPSGO F] X[S XYVRW
y
&IJSVI XIWXMRK PSSWIR XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI F] E UYEVXIV XYVR
y
'SRRIGX XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1 SR XLI GSRXVSP ZEPZI FPSGO
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 8IWXW EHNYWXQIRX
%GXMZEXMRK XLI w0S[IV PMJX EVQWx JYRGXMSR EX XLMW TSMRX QE] GEYWI MVVITEVEFPI HEQEKI XS XLI TYQT 8LMW JYRGXMSR MW RSX IUYMTTIH [MXL E WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI (S RSX PS[IV XLI PMJX EVQW
'EYXMSR
y y
7XEVX XLI IRKMRI ERH PIX MX VYR EX YTTIV MHPMRK WTIIH
y
'LIGO [LIXLIV XLI TVIWWYVI MR IEGL WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI MW EW WTIGMJMIH
y
-J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI MR UYIWXMSR YRXMP XLI WTIGMJMIH TVIWWYVI MW VIEGLIH
y
%JXIV XIWXMRK XMKLXIR XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI F] E UYEVXIV XYVR
y
6IEHNYWX XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZI XS XLI WTIGMJMIH ZEPYI 7II w'LIGOMRK XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZIx
%GXMZEXI XLI w6EMWI PMJX EVQWx w8MPX SYX FYGOIXx ERH w8MPX MR FYGOIXx JYRGXMSRW MR WYGGIWWMSR XS XLI IRH TSWMXMSRW
2EQI 6EMWI PMJX EVQW 4SW 8MPX MR FYGOIX TSW 8MPX SYX FYGOIX TSW > OMRIQEXMGW 8MPX SYX FYGOIX TSW 4 OMRIQEXMGW
:EPYI
9RMX FEV FEV FEV FEV
'LIGOMRK XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZI SR XLI GSRXVSP ZEPZI FPSGO 4VSGIHYVI y %XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1
y y y y
7XEVX XLI IRKMRI ERH PIX MX VYR EX YTTIV MHPMRK WTIIH %GXMZEXI XLI w6EMWI PMJX EVQWx JYRGXMSR XS XLI PMQMX TSWMXMSR 'LIGO [LIXLIV XLI TVIWWYVI MW EW WTIGMJMIH -J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8YVR XLI EHNYWXMRK WGVI[ SR XLI TVMQEV] TVIWWYVI VIPMIJ ZEPZI YRXMP XLI TVIWWYVI MW GSVVIGX
2EQI 4VMQEV] ZEPZI TSW 0 4VMQEV] ZEPZI TSW 0
0JVSQ 0JVSQ
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SJ
1EMRXIRERGI
7IVZMGI QERYEP
8IWXW EHNYWXQIRX
'LIGOMRK XLI TVIWWYVI VIPMIJ ZEPZI SJ XLI WXIIVMRK W]WXIQ 4VSGIHYVI 8LI TVIWWYVI VIPMIJ ZEPZI PMQMXW XLI QE\MQYQ TVIWWYVI SJ XLI WXIIVMRK W]WXIQ
y
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR 1 SR XLI ZEPZI FPSGO
y y
7XEVX XLI IRKMRI ERH PIX MX VYR EX PS[IV MHPMRK WTIIH
y
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8YVR XLI WXIIVMRK JYPP] XS XLI PIJX SV VMKLX ERH XIWX XLI LMKL TVIWWYVI YWMRK XLI TVIWWYVI KEYKI
2EQI ,MKL TVIWWYVI
:EPYI 9RMX FEV
'LIGOMRK XLI GYXSJJ TVIWWYVI SJ XLI EGGYQYPEXSV GLEVKI ZEPZI 4VSGIHYVI 8LI EGGYQQYPEXSV GLEVKI ZEPZI JMPPW XLI L]HVS EGGYQQYPEXSV SJ XLI TEVOMRK FVEOI [MXL SMP -J E GIVXEMR TVIWWYVI MW VIEGLIH MR XLI L]VS EGGY QYPEXSV XLI JMPPMRK TVSGIWW MW GYX SJJ
y
%XXEGL XLI TVIWWYVI KEYKI FEV XS XLI XIWX GSRRIGXMSR + SR XLI ZEPZI FPSGO
y y
7XEVX XLI IRKMRI ERH PIX MX VYR EX PS[IV MHPMRK WTIIH
y
;LIR XLI LMKL TVIWYVI WXEVXW XS MRGVIEWI EKEMR GLIGO [LIXLIV MX VIEGLIW XLI VIUYMVIH ZEPYI
y
-J XLI TVIWWYVI MW RSX EW WTIGMJMIH 8EOI SJJ XLI WEJIX] GET JVSQ XLI EGGYQYPEXSV GLEVKI ZEPZI ERH XYVR XLI EHNYWXMRK WGVI[ SR XLI EGGYQYPEXSV GLEVKI ZEPZI YRXMP XLI GYXSJJ TVIWWYVI MW EW WTIGMJMIH
)RKEKI ERH VIPIEWI XLI TEVOMRK FVEOI WIZIVEP XMQIW XLYW PS[IVMRK XLI TVIWWYVI MR XLI L]HVS EGGYQYPEXSV
2EQI 'YXSJJ TVIWWYVI
SJ
0-)&,)66
:EPYI 9RMX FEV
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 0YFVMGERXW ERH JYIPW
0YFVMGERXW ERH JYIPW
,ERHPMRK PYFVMGERXW ERH JYIPW 'SRWGMIRXMSYW SFWIVZERGI SJ XLI VIKYPEXMSRW JSV LERHPMRK PYFVMGERXW ERH JYIPW [MPP MRGVIEWI XLI VIPMEFMPMX] ERH WIVZMGI PMJI SJ XLI QEGLMRI -X MW IWTIGMEPP] MQTSVXERX XLEX XLI WTIGMJMIH PYFVMGERX UYEPMXMIW EVI SFWIVZIH =SY GER JMRH XLI ZEVMSYW WTIGMJMGEXMSRW EFSYX XLI TVIWGVMFIH MRXIVZEPW MR XLI w1EMRXIRERGI ERH MRWTIGXMSR WGLIHYPIx ERH w0YFVMGEXMSR GLEVXx =SY GER JMRH HIXEMPW SR PYFVMGEXMSR GLIGOMRK XLI SMP PIZIP ERH GLERKMRK STIVEXMRK JPYMHW MR XLI w1EMRXIRERGIx WIGXMSR YRHIV w1EMRXIRERGI XEWOWx 3FWIVZI XLI VYPIW JSV XLI TVSTIV LERHPMRK SJ PYFVMGERXW ERH JYIPW IWTI GMEPP] XLI IRZMVSRQIRXEP VIKYPEXMSRW
)RZMVSRQIRXEP TVSXIGXMSR QIEWYVIW
y y y
%P[E]W MQTPIQIRX ERH SFWIVZI IRZMVSRQIRXEP TVSXIGXMSR QIEWYVIW 3FWIVZI REXMSREP VIKYPEXMSRW )RWYVI XLEX PMUYMHW GER FI TVSTIVP] HMWTSWIH SJ FIJSVI HVEMRMRK XLIQ
(MWTSWMRK SJ YWIH QEXIVMEPW 8LMW ETTPMIW XS XLI JSPPS[MRK X]TIW SJ YWIH QEXIVMEPW z 3MPW PYFVMGERXW FVEOI JPYMHW VIJVMKIVERXW IXG z *YIPW z *MPXIVW SMP GEVXVMHKIW IXG z 6YFFIV X]VIW MRWYPEXMRK QEXIVMEPW IXG z &EXXIVMIW y 3FWIVZI XLI IRZMVSRQIRX VIKYPEXMSRW [LIR HMWTSWMRK SJ YWIH QEXIVMEPW
y
'SPPIGX ERH WXSVI YWIH QEXIVMEPW WITEVEXIP] MR WYMXEFPI VIGITXEGPIW ERH SRP] HMWTSWI SJ XLIQ EX SJJMGMEP HITSXW MR ER IRZMVSRQIRXEPP] JVMIRHP] QERRIV
y
3FWIVZI REXMSREP VIKYPEXMSRW
(MWTSWEP
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0JVSQ 0JVSQ
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SJ
1EMRXIRERGI
7IVZMGI QERYEP
0YFVMGERXW ERH JYIPW
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'EYXMSR
y
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y
1EOI WYVI XS EWO 0-)&,)66 JSV XLI -27869'8-32 7,))8 ERH JSPPS[ XLI '32:)67-32 +9-()0-2)7 MX GSRXEMRW
0YFVMGERX ERH JYIP WTIGMJMGEXMSRW 8LI JMPPMRK UYERXMXMIW PMWXIH MR XLI XEFPIW EVI SRP] KYMHIPMRIW z 8LI HMTWXMGO SV PIZIP QEVOMRKW EVI EP[E]W QERHEXSV] z 'LIGO XLI PIZIP MR XLI YRMX MR UYIWXMSR IEGL XMQI ]SY VITPEGI SV XST YT XLI PYFVMGERX SV JYIP z *SV QSVI HIXEMPIH MRJSVQEXMSR EFSYX XLI VIUYMVIH PYFVMGERXW JYIPW ERH JMPPMRK UYERXMXMIW WII XLI w0YFVMGEXMSR GLEVX JMPPMRK UYERXMXMIWx ERH w0YFVMGERXW ERH JYIPWx WIGXMSRW
0YFVMGEXMRK SMPW JSV XLI HMIWIP IRKMRI
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3RP] LMKLEPPS] PYFVMGEXMRK SMPW EVI YWIH MR QSHIVR HMIWIP IRKMRIW 8LI] GSRWMWX SJ FEWMG SMPW FPIRHIH [MXL EHHMXMZIW 8LI PYFVMGEXMRK SMP VIKYPEXMSR JSV 0-)&,)66 HMIWIP IRKMRIW MW FEWIH SR XLI JSPPS[MRK WTIGMJMGEXMSRW ERH VIKYPEXMSRW 2EQI 7TIGMJMGEXMSRW %')% ''1' 'PEWWMJMGEXMSR %WWSGM EXMSR HIW 'SRWXVYGXIYVW )YVSTÍIRW HI ) ) ( ( P %YXSQSFMPI %4- 'PEWWMJMGEXMSR %QIVMGER 4IXVS '+ '* PIYQ -RWXMXYXI 7TIGMJMGEXMSRW ERH VIKYPEXMSRW JSV HMIWIP IRKMRI PYFVMGEXMRK SMPW
SJ
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1EMRXIRERGI 0YFVMGERXW ERH JYIPW
0YFVMGEXMRK SMP ZMWGSWMX]
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
7IPIGXMSR SJ XLI 7%) GPEWW EGGSVHMRK XS XIQTIVEXYVI 0YFVMGERX SMP GLERKMRK MRXIVZEPW
'LERKMRK MRXIVZEPW z *MVWX SMP GLERKI ERH JMPXIV GLERKI YWMRK XLI SVMKMREP JMPPMRK SMP WII XLI w1EMRXIRERGI ERH MRWTIGXMSR WGLIHYPIx z 3MP GLERKI EGGSVHMRK XS GPMQEXI ^SRI WYPTLYV GSRXIRX MR XLI JYIP ERH SMP UYEPMX] EGGSVHMRK XS XLI JSPPS[MRK XEFPI )ZIR MJ XLI WTIGMJMIH RYQFIV SJ WIVZMGI LSYVW L MW RSX VIEGLIH MR E KMZIR ]IEV XLI IRKMRI SMP ERH JMPXIV WLSYPH FI VITPEGIH EX PIEWX SRGI E ]IEV
'SQTPMGEXMRK JEGXSVW
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1EMRXIRERGI
7IVZMGI QERYEP
0YFVMGERXW ERH JYIPW
(MIWIP JYIPW
7TIGMJMGEXMSRW
8LI HMIWIP JYIPW QYWX QIIX XLI QMRMQYQ VIUYMVIQIRXW MR XLI JYIP WTIGM JMGEXMSRW PMWXIH FIPS[ %YXLSVMWIH JYIP WTIGMJMGEXMSRW z (-2 )2 z %781 ( E ( ERH ( 3XLIV JYIP WTIGMJMGEXMSRW EVI SRP] TIVQMWWMFPI EJXIV GSRWYPXEXMSR [MXL XLI (MIWIP )RKMRI (IZIPSTQIRX HITEVXQIRX 8LI WYPTLYV GSRXIRX WLSYPH RSX I\GIIH F] [IMKLX ,MKLIV WYPTLYV GSRXIRX EJJIGXW XLI SMP GLERKI MRXIVZEPW ERH XLI IRKMRI PMJIXMQI
0YFVMGMX]
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
(MIWIP JYIP EX ZIV] PS[ XIQTIVEXYVIW
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 0YFVMGERXW ERH JYIPW
(MIWIP JYIP QM\XYVI VEXMS ZSP 3YXWMHI XIQTIVEXYVI 7YQQIV HMIWIP ' XS XS XS XS 1M\MRK VEXMS JSV WYQQIV HMIWIP JYIP
%HHMXMZI
-J ER EHHMXMZI SJ MW RIGIWWEV] SRP] TEVEJJMR QE] FI YWIH RSX X[SWXEV TIXVSP
3YXWMHI XIQTIVEXYVI ' XS XS XS XS
;MRXIV HMIWIP JYIP
%HHMXMZI
' ' ' 1M\MRK VEXMS JSV [MRXIV HMIWIP JYIP
'
-J ER EHHMXMZI SJ MW RIGIWWEV] SRP] TEVEJJMR QE] FI YWIH RSX X[SWXEV TIXVSP %HHMXMZIW JSV HMIWIP JYIP JPS[ MQTVSZIVW
*PS[ MQTVSZIVW EZEMPEFPI SR XLI QEVOIX [MPP EPWS MQTVSZI XLI GSPH [IEXLIV TIVJSVQERGI SJ XLI HMIWIP JYIP 8LIMV YWI VIUYMVIW XLI SFWIVZERGI SJ UYERXMX] ERH ETTPMGEXMSR VIGSQQIRHEXMSRW WXMTYPEXIH F] XLI QERYJEGXYVIV
'SSPERXW JSV HMIWIP IRKMRIW
'SSPERX
8LI GSSPERX QYWX GSRXEMR EX PIEWX ZSP ERXMJVII^I ERH GSVVSWMSR TVSXIGXMSR EKIRX EPP ]IEV VSYRH 8LMW TVSXIGXW EKEMRWX JVII^MRK HS[R XS EVSYRH '
1M\MRK VEXMS
7IPIGXMSR SJ QM\MRK VEXMS SJ GSVVSWMSR ERH ERXMJVII^I TVSXIGXMSR EKIRXW EGGSVHMRK XS XIQTIVEXYVI + 4VSXIGXMSR EKEMRWX JVII^MRK MR '
0JVSQ 0JVSQ
0-)&,)66
% 4VSTSVXMSR SJ ERXMJVII^I MR
SJ
1EMRXIRERGI
7IVZMGI QERYEP
0YFVMGERXW ERH JYIPW
*VIWL [EXIV UYEPMX] [LIR YWMRK ERXMJVII^I ERH GSVVSWMSR TVSXIGXMSR EKIRX 2EQI ;EXIV LEVHRIWW T, ZEPYI EX ' 'LSVMHI MSR GSRXIRX 7YPTLEXI MSR GSRXIRX
%RXMJVII^I ERH GSVVSWMSR TVSXIGXMSR EKIRX UYEPMX]
:EPYI ERH YRMX XS QQSPP XS H XS QE\ QKP QE\ QKP *VIWL [EXIV UYEPMX]
)XL]P KP]GSP FEWI [MXL PS[ WMPMGEXI GSRXIRX
,]HVEYPMG SMPW
1MRIVEP SMPW 7TIGMJMGEXMSRW
3RP] IRKMRI SMPW QIIXMRK XLI 1IVGIHIW &IR^ WIVZMGI JYIPW WTIGMJMGEXMSRW EVI TIVQMXXIH
1IVGIHIW&IR^ MRJS WLIIX RS ERH WMRKPIKVEHI SMPW ERH QYPXMKVEHI SMPW
7TIGMJMGEXMSRW %4- '' 7* '( 7* ') 7* '( 7* ') 7* '(%4- '' 7* 1-00 & '( 7* ') 7* 1-00 ( '( 7* 1-00 ( ') 7* '( 1-00 & 1IVGIHIW&IR^ WIVZMGI JYIPW VIUYMVIQIRXW
:MWGSWMX]
8LI ZMWGSWMX] MW WIPIGXIH EGGSVHMRK XS XLI 7%) 7SGMIX] SJ %YXSQSXMZI )RKMRIIVW GPEWWMJMGEXMSR 8LI HIGMWMZI JEGXSV JSV XLI WIPIGXMSR SJ XLI GSVVIGX 7%) GPEWW MW XLI EQFMIRX XIQTIVEXYVI 8LI WIPIGXMSR SJ XLI 7%) GPEWWMJMGEXMSR LEW RS FIEVMRK SR XLI UYEPMX] SJ E L]HVEYPMG SMP 8LI XIQTIVEXYVI VERKIW TVIWIRXIH MR XLI KVETLMG EVI SRP] TVSZMHIH EW KYMHIPMRIW
7IPIGXMSR SJ XLI 7%) GPEWW EGGSVHMRK XS XIQTIVEXYVI &- ! GSHI HIWMKREXMSR ! GSRXEMRIV PEFIPPMRK WII XLI w&P 7XERHEVH PYFVMGERXWx WIGXMSR
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 0YFVMGERXW ERH JYIPW
;EVQMRK YT
*SV XIQTIVEXYVIW YT XS ' FIPS[ XLI WTIGMJMIH PMQMX z %HNYWX XLI HMIWIP IRKMRI XS VSYKLP] LEPJ WTIIH EJXIV WXEVXMRK z %GXMZEXI XLI L]HVEYPMG G]PMRHIVW ERH IRKMRIW ERH FVMIJP] QSZI XLI G]PMRHIVW XS XLIMV WXSTW z ;EVQMRK YT XEOIW VSYKLP] QMRYXIW %X IZIR PS[IV XIQTIVEXYVIW z &IJSVI WXEVXMRK XLI IRKMRI TVI[EVQ XLI SMP XERO ! )\GITXMSR JSV XVERWJIV KIEV %:+ TS[IVWLMJX XVERWQMWWMSR z 7%) z QE] SRP] FI YWIH MJJ XLI SYXWMHI XIQTIVEXYVI MW RSX FIPS[ '
)RZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPYMHW
;LIR STIVEXMRK 0-)&,)66 IEVXL QSZMRK QEGLMRIW [MXL IRZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPYMHW [I VIGSQQIRH %:-% 7=283*09-( [MXL XLI ZMWGSWMX] WTIGMJMIH F] 0-)&,)66 'EYXMSR z *EMPYVI XS GEVV] SYX XLI GSRZIVWMSR SJ XLI L]HVEYPMG W]WXIQ XS ER IRZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPYMH QE] GEYWI HEQEKI XS XLI QEGLMRI W L]HVEYPMG W]WXIQ 7II XLI w'SRZIVWMSR JVSQ QMRIVEP SMPW XS IRZMVSRQIRXEPP] LEVQPIWW L]HVEYPMG JPYMHWx WIGXMSR 1EGLMRIW [LMGL [IVI JMPPIH [MXL IRZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPYMHW EX XLI JEGXSV] LEZI ER ETTVSTVMEXI WMKR '%98-32 HIGEP EX XEGLIH XS XLI HVMZIVvW GEF ERH L]HVEYPMG XERO 'SRZIVWMSR SJ XLI L]HVEYPMG W]WXIQ z 7II XLI WIGXMSR SR w'SRZIVWMSR SJ XLI L]HVEYPMG W]WXIQ JVSQ QMRIVEP SMPW XS IRZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPYMHWx JSV KYMHIPMRIW SR VIXVSJMXXMRK ]SYV QEGLMRI XS EHETX MX XS ER IRZMVSRQIRXEPP] GSQTEXMFPI L]HVEYPMG JPY-(
&VEOI SMP
7IVZMGI FVEOI
0JVSQ 0JVSQ
9WI 7%) ; IRKMRI SMP EW FVEOI SMP JSV EPP EQFMIRX XIQTIVEXYVIW
0-)&,)66
SJ
1EMRXIRERGI
7IVZMGI QERYEP
0YFVMGERXW ERH JYIPW
0YFVMGEXMRK SMPW JSV XLI XVERWQMWWMSR
%\PIW
+IEV SMPW QYWX GSQTP] [MXL XLI %4-+0 ERH 1-00 & ' SV ( WTIGMJMGEXMSRW ERH XLI ZMWGSWMX] GPEWW 7%) 07 ! +IEV SMP [MXL PMQMXIHWPMT EHHMXMZIW JSV HMWG FVEOIW ERH WIPJPSGOMRK HMJJIVIRXMEPW *SV XLI ZMWGSWMX] GPEWW 7%) ER SMP SJ XLI ZMWGSWMX] GPEWW 7%) ; GER EPWS FI YWIH 'SQTEVMWSR XS &P z GSHI HIWMKREXMSR z 7%) 07 &P z +3 07 z 7%) ; &P z +3 &- ! GSHI HIWMKREXMSR ! GSRXEMRIV PEFIPPMRK WII XLI w&P 7XERHEVH PYFVMGERXWx WIGXMSR
8VERWJIV KIEV
9WI PYFVMGEXMSR SMP JSV XLI XVERWJIV KIEV EW PMWXIH MR XLI w%\PIWx WIGXMSR
+VIEWI JSV KIRIVEP PYFVMGEXMSR TSMRXW 8LMW KVIEWI QYWX QIIX XLI /4O WTIGMJMGEXMSR z GSRWMWXIRG] SJ XLI 20 +- GPEWW EGGSVHMRK XS (-2 ERH (-2 SV )4 EGGSVHMRK XS 2*8 8LI KVIEWI QYWX FI QEHI SJ E PMXLMYQ GSQTPI\ [MXL E E JSYV FEPP XIWXIV ZEPYI SJ EX PIEWX 2 EGGSVHMRK XS (-2 SV %781 ( 'SQTEVMWSR XS &P z GSHI HIWMKREXMSR z 20 +- GPEWW &P z 14+ % &- ! GSHI HIWMKREXMSR ! GSRXEMRIV PEFIPPMRK WII XLI w&P 7XERHEVH PYFVMGERXWx WIGXMSR 0-)&,)66 '8/ WTIGMEP TEWXI
&SRHMRK [EXIV VIWMWXERX GSQTPI\ WETSRMJMIH TEWXI [MXL LMKLTVIWWYVI EHHMXMZIW ERH MQTVSZIH GSVVSWMSR TVSXIGXMSR GLEVEGXIVMWXMGW 'SRXEMRW MRKVIHMIRXW [LMGL GSYRXIVEGX JVMGXMSREP ERH ZMFVEXMSREP GSVVSWMSR )WTIGMEPP] VIGSQQIRHIH JSV YWI MR VSPPIV PMZI VMRK GSRRIGXMSRW 6ERKI SJ ETTPMGEXMSR ' XS ' 6ISVHIV JVSQ ]SYV 0-)&,)66 HIEPIV YRHIV -( RS 8LMW KVIEWI MW RSX WYMXEFPI JSV YWI MR EYXSQEXMG GIRXVEP PYFVMGEXMRK W]WXIQW
0YFVMGERX KVIEWI JSV EYXSQEXMG GIRXVEP PYFVMGEXMSR W]WXIQW 9WI KVIEWI GSQTP]MRK [MXL XLI /4O WTIGMJMGEXMSR z GSRWMWXIRG] SJ XLI 20 +P GPEWW EGGSVHMRK XS (-2 MW WYMXEFPI 'SQTSWMXMSR 0MXLMYQWETSRMJMIH QYPXMTYVTSWI KVIEWI [MXL E QMRIVEP SMP FEWI [MXL )4 EGXMZI MRKVIHMIRXW [MXLSYX GSPSYVMRK +VIEWI [MXL LMKLTVIWWYVI EHHMXMZIW )4 KVIEWIW EVI VIGSQQIRHIH 3RP] YWI KVIEWIW [MXL XLI WEQI X]TI SJ WETSRMJMGEXMSR +VIEWIW [MXL WSPMH PYFVMGERX TEVXMGPIW WYGL EW KVETLMXI QE] RSX FI YWIH
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
1EMRXIRERGI 0YFVMGERXW ERH JYIPW
%TTVSZIH KVIEWIW
0-)&,)66 WTIGMEP KVIEWI MW E QMPPMRK VIWMWXERX EKMRK VIWMWXERX PMXLMYQ KVIEWI TVSZMHMRK TVSXIGXMSR EKEMRWX GSVVSWMSR [MXL I\GIPPIRX PYFVMG MX] SZIV E [MHI XIQTIVEXYVI VERKI 8LI QSPIGYPEV GSQTSWMXMSR ]MIPHW LMKL HIKVIIW SJ WLIEVMRK ERH QMPPMRK WXEFMPMX] ERH KSSH JPS[ TVSTIVXMIW MR PSRK TMTIW (IWGVMTXMSR -( RS 0, WTIGMEP KVIEWI 0, WTIGMEP KVIEWI
5YERXMX] OK HVYQ K GEVXVMHKI
'SVVSWMSR TVSXIGXMSR KVIEWI 2SREGMHMG GSVVSWMSR TVSXIGXMSR KVIEWIW WLSYPH FI YWIH XS TVSXIGX I\TSWIH TMWXSR VSHW 0-)&,)66 '8/ WTIGMEP TEWXI MW IWTIGMEPP] VIGSQQIRHIH 6IJIV XS XLI w0-)&,)66 '8/ WTIGMEP TEWXIx WIGXMSR
%RXMWIM^I EKIRX JSV FSPX JMXXMRK % QSP]FHIRYQ WYPTLMHI TEWXI MW VIGSQQIRHIH EW ERXMWIM^I EKIRX JSV XLI FSPXW
&P WXERHEVH PYFVMGERXW 7II XLI w78%2(%6( 09&6-'%287 JSV GSRWXVYGXMSR QEGLMRIW ERH ZILMGPIWx FVSGLYVI 4YFPMWLIH F] XLI +IVQER 'SRWXVYGXMSR -RHYWXV] *IHIVEXMSR ,EYTXZIVFERH HIV (IYXWGLIR &EYMRHYWXVMI I: &EYZIVPEK +QF, z ;MIWFEHIR ERH &IVPMR
0JVSQ 0JVSQ
0-)&,)66
SJ
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV 'LETXIV GSRXIRXW
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV
(MIWIP IRKMRI -(
0JVSQ 0JVSQ
-RNIGXMSR TYQT
*YIP W]WXIQ
*YIP XERO -(
*YIP PIZIP WIRWSV -(
*YIP TVIJMPXIV -(
*MRI JYIP JMPXIV -(
%MV JMPXIV W]WXIQ
'SYTPMRK -(
0-)&,)66
SJ
7IVZMGI QERYEP
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV (MIWIP IRKMRI
(MIWIP IRKMRI -( 0E]SYX 8LI HMIWIP IRKMRI MW E [EXIVGSSPIH JSYV WXVSOI MRPMRI IRKMRI [MXL HMVIGX MRNIGXMSR ERH XYVFSGLEVKIV 0 SRP] 8LI HMIWIP IRKMRI MW MRWXEPPIH XVERWZIVWIP] SR XLI VIEV WIGXMSR ERH IPEW XMGEPP] QSYRXIH SR VYFFIV FIEVMRKW 8LI JP][LIIP IRH JEGIW XS XLI PIJX ']PMRHIV MW SR XLI [EXIV TYQT WMHI ERH G]PMRHIV MW SR XLI JP][LIIP WMHI
(MIWIP IRKMRI GSQTSRIRXW WIIR JVSQ XLI WXEVXIV VIEV ZMI[ *P][LIIP WMHI JPERKI JSV XLI XVEZIP ERH [SVOMRK TYQT *YIP [EXIV WITEVEXSV *MRI JYIP JMPXIV *MPXIV FPIIHIV WGVI[ *YIP HIPMZIV] TYQT -RXEOI QERMJSPH %MV TVILIEXIV 8YVFSGLEVKIV 0 SRP] 0YFVMGEXMRK SMP JMPPIV RIGO )RKMRI TVILIEXIV VIPE] 8LVIITLEWI EPXIVREXSV :FIPX XIRWMSRIV
0JVSQ 0JVSQ
0-)&,)66
;EXIV TYQT ,IEX I\GLERKIV MRXEOI -RXEOI WMHI [EXIV TYQT 'SSPMRK [EXIV HVEMR ZEPZI *ER KIEV TYQT )RKMRI SMP GSSPIV 3MP TER )RKMRI SMP JMPXIV (MTWXMGO )RKMRI SMP HVEMR ZEPZI 7XEVXIV 'VEROGEWI ZIRXMPEXMSR
SJ
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV
7IVZMGI QERYEP
(MIWIP IRKMRI
(MIWIP IRKMRI GSQTSRIRXW WIIR JVSQ XLI MRNIGXMSR TYQT JVSRX ZMI[
'VEROGEWI 'SPH WXEVX WSPIRSMH ZEPZI = -RNIGXMSR TYQT 1SXSV WXST WSPIRSMH = ' GSPH WXEVX XLIVQS W[MXGL &E 8LIVQSWXEX ;EXIV TYQT SYXPIX )\LEYWX QERMJSPH 8YVFSGLEVKIV 0 SRP]
-RNIGXMSR RS^^PI 7IRHIV YRMX ERH XLIVQS W[MXGL GSSPERX XIQTIVEXYVI & :EPZI GSZIV ']PMRHIV LIEH :EPZI FPSGO *PERKI JSV XLI XVEZIP ERH [SVO MRK TYQT 1SXSV FIEVMRK JM\MRK 3MP TVIWWYVI W[MXGL &
(IWMKR JIEXYVIW SJ XLI HMIWIP IRKMRI z ;EXIVGSSPIH JSYVWXVSOI HMIWIP IRKMRI [MXL HMVIGX MRNIGXMSR z 8YVFSGLEVKIV 0 SRP] z 1EMRXIRERGIJVII PYFVMGERX TYQT KIEV HVMZI ERH EY\MPMEV] TS[IV XEOI SJJ JSV KIEV TYQTW z &PSGO G]PMRHIV LIEH z ;IX G]PMRHIV PMRIVW z 3MP GSSPIH PMKLX EPPS] TMWXSRW z )RKMRI SMP GSSPIV z )RKMRI SMP JMPXIV z 8MPXTVSSJ SMP TER z *MRI JYIP JMPXIV z 'EWX GVEROWLEJX SR WPMHMRK FIEVMRKW z *SVKIH GSRRIGXMRK VSHW SR WPMHMRK FIEVMRKW z &EPERGIV WLEJXW
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI HMIWIP IRKMRI GSRZIVXW XLI GLIQMGEP IRIVK] MR XLI JYIP MRXS QIGLERMGEP IRIVK] ERH XVERWJIVW MX ZME XLI JP][LIIP ERH XSVWMSR EFWSVFIV XS XLI XVEZIP L]HVEYPMGW ERH [SVOMRK L]HVEYPMGW TYQTW % WQEPP TVSTSVXMSR SJ XLI TS[IV MW XEOIR SJJ EX XLI EGGIWWSV] HVMZI WMHI SJ XLI HMIWIP IRKMRI XS HVMZI XLI KIEV TYQTW SJ XLI L]HVEYPMG JER HVMZI
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV (MIWIP IRKMRI
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
)RKMRI X]TI
(MIWIP JSYV WXVSOI HMVIGX MRNIGXMSR
2YQFIV SJ G]PMRHIVW
']PMRHIV ZSPYQI
GQ
&SVI HMEQIXIV
QQ
7XVSOI
QQ
6EXIH TS[IV EGGSVHMRK XS -73 6EXIH WTIIH 1E\ XSVUYI EX QMR 0S[IV MHPMRK WTIIH 9TTIV MHPMRK WTIIH &IKMR HIPMZIV] FIJSVI 8(' 'SQTVIWWMSR TVIWWYVI
O; LT QMR 2Q
QMR
QMR
FEV
-RNIGXMSR TVIWWYVI NIX TVIWWYVI
FEV
-RPIX ZEPZI TPE] GSPH
QQ
3YXPIX ZEPZI TPE] GSPH
QQ
'SSPERX XLIVQSWXEX STIRMRK XIQTIVEXYVI (MVIGXMSR SJ VSXEXMSR PSSOMRK XS[EVHW JP][LIIP 2YQFIV SJ XIIXL SR JP][LIIP VMRK KIEV 'SSPERX XLIVQSWXEX STIRMRK XIQTIVEXYVI -RGPMREFMPMX] z PSRKMXYHMREP XVEZIVWI (MWXVMFYXSV MRNIGXMSR TYQT
'
%RXMGPSGO[MWI
'
7XEREH]RI
3TIVEXMRK ZSPXEKI SJ WXEVXIV
:
4S[IV GSRWYQTXMSR SJ WXEVXIV
O;
3YXTYX ZSPXEKI SJ EPXIVREXSV
:
'YVVIRX SYXTYX JVSQ EPXIVREXSV
%
'SSPERX UYERXMX] MR IRKMRI
P
%Y\MPMEV] SYXTYX VEXMS 1EWW
)QMWWMSR PMQMX ZEPYIW GSQTP] [MXL
0JVSQ 0JVSQ
( 2%
'SQFYWXMSR TVSGIWW
-KRMXMSR WIUYIRGI
9RMXW
0-)&,)66
OK
-73 )4%
SJ
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV
7IVZMGI QERYEP
(MIWIP IRKMRI
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
)RKMRI X]TI
(MIWIP JSYV WXVSOI HMVIGX MRNIGXMSR XYVFSGLEVKIV
2YQFIV SJ G]PMRHIVW
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GQ
&SVI HMEQIXIV
QQ
7XVSOI
QQ
6EXIH TS[IV EGGSVHMRK XS -73 6EXIH WTIIH 1E\ XSVUYI EX QMR 0S[IV MHPMRK WTIIH 9TTIV MHPMRK WTIIH &IKMR HIPMZIV] FIJSVI 8(' 'SQTVIWWMSR TVIWWYVI
O; LT QMR 2Q
QMR
QMR
FEV
-RNIGXMSR RS^^PIW NIX TVIWWYVI
FEV
-RPIX ZEPZI TPE] GSPH
QQ
3YXPIX ZEPZI TPE] GSPH
QQ
(MVIGXMSR SJ VSXEXMSR PSSOMRK XS[EVHW JP][LIIP 2YQFIV SJ XIIXL SR JP][LIIP VMRK KIEV 'SSPERX XLIVQSWXEX STIRMRK XIQTIVEXYVI -RGPMREFMPMX] z PSRKMXYHMREP XVEZIVWI (MWXVMFYXSV MRNIGXMSR TYQT
%RXMGPSGO[MWI
'
7XEREH]RI
3TIVEXMRK ZSPXEKI SJ WXEVXIV
:
4S[IV GSRWYQTXMSR SJ WXEVXIV
O;
3YXTYX ZSPXEKI SJ EPXIVREXSV
:
'YVVIRX SYXTYX JVSQ EPXIVREXSV
%
%Y\MPMEV] SYXTYX VEXMS 1EWW
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SJ
( 8
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9RMXW
0-)&,)66
OK
-73 )4%
0JVSQ 0JVSQ
7IVZMGI QERYEP
(MIWIP IRKMRI TYQT HMWXVMFYXSV KIEV (MIWIP IRKMRI
-RNIGXMSR TYQT 0E]SYX
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0JVSQ 0JVSQ
7IVZMGI QERYEP
'SSPMRK W]WXIQ
2SXI 8LMW [EVRMRK WSYRHW MW RSX EGGSQTERMIH F] E W]QFSP JMIPH SR XLI HMWTPE] YRMX PMKLXMRK YT 8S WII [LMGL WIRWSV & SV & LEW XVMKKIVIH XLI [EVRMRK WSYRH PSSO EX XLI 0)(W SR XLI GSRXVSP FSVEH % , 8LI VIH 0)( MRHMGEXIW SZIVLIEXMRK SJ XLI GSSPERX & , 8LI KVIIR 0)( MRHMGEXIW SZIVLIEXMRK SJ XLI L]HVEYPMG SMP & *ER GSRXVSP %X PS[ IRKMRI WTIIH L]HVEYPMG SMP YT XS ' ERH GSSPERX YT XS ' %X LMKL IRKMRI WTIIH L]HVEYPMG SMP YT XS ' ERH GSSPERX YT XS ' ,]HVEYPMG SMP ' GSSPERX ' %X PS[ IRKMRI WTIIH L]HVEYPMG SMP EFSZI ' ERH GSSPERX EFSZI ' %X XST IRKMRI WTIIH L]HVEYPMG SMP EFSZI ' ERH GSSPERX EFSZI ' 4VSTSVXMSREP QEKRIX RSX IRIVKMWIH
0JVSQ 0JVSQ
7]WXIQ TVIWWYVI FEV
'YVVIRX Q%
*ER WTIIH QMR
FEV
Q%
QMR
FEV FEV
Q% Q%
QMR QMR
FEV
Q%
QMR
FEV
Q%
QMR
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SJ
7IVZMGI QERYEP
'SSPMRK W]WXIQ +IEV TYQT
+IEV TYQT -( 0E]SYX
%VVERKIQIRX SJ KIEV TYQTW 7]WXIQ TVIWWYVI XIWX GSRRIGXMSR 4VIWWYVI PMRI
*ER KIEV TYQT 7YGXMSR PMRI
8LI JER KIEV TYQT MW QSYRXIH SR XLI EY\MPMEV] HVMZI SJ XLI HMIWIP IRKMRI ERH HVMZIR EX E WIX VEXMS ZME XLI WTYV KIEV XVERWQMWWMSR 8LI JER KIEV TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH TYQTW MX XS XLI KIEV QSXSV
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
+IEV TYQT GSQTSRIRXW 0JVSQ 0JVSQ
+IEV[LIIP JM\MRK RYX 7RET VMRK 7LEJX WIEP VMRK *PERKI 7IEPW &IEVMRK FYWLMRKW
0-)&,)66
*IEXLIV OI] +IEV[LIIPW ,SYWMRK ,SYWMRK GSZIV 7GVI[
SJ
'SSPMRK W]WXIQ
7IVZMGI QERYEP
+IEV TYQT
8LI KIEV TYQT GSRWMWXW SJ X[S QIWLMRK KIEV[LIIPW IRGPSWIH MR E LSYWMRK 3RI SJ XLI X[S KIEVW MW HVMZIR F] XLI I\XIVREP WLEJX HVMZMRK KIEV XLI SXLIV MW HVMZIR ZME XLI QIWLIH XIIXL HVMZIR [LIIP 8LI L]HVEYPMG JPYMH HVE[R MR MW XVETTIH MR XLI KETW FIX[IIR XLI XIIXL ERH MW TYQTIH SYXWMHI EPSRK XLI LSYWMRK JVSQ XLI WYGXMSR TSVX XS XLI SYXPIX TSVX
4VIWWYVI VIPMIJ 8LI TVIWWYVI MR XLI KIEV TYQT GSSPMRK W]WXIQ MW VIPMIZIH F] XLI TVIWWYVI VIPMIJ ZEPZI SR XLI KIEV QSXSV
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
&SWGL
(MWTPEGIQIRX
GQ
*PS[ EX VEXIH IRKMRI WTIIH
PQMR
7TIIH EX VEXIH IRKMRI WTIIH
QMR
6EXMS
SJ
9RMXW
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0JVSQ 0JVSQ
7IVZMGI QERYEP
'SSPMRK W]WXIQ +IEV QSXSV
+IEV QSXSV -( 8LI KIEV QSXSV MW QSYRXIH SR XLI TVSXIGXMZI KVMPPI SJ XLI GSSPIV 8LI KIEV QSXSV HVMZIW XLI JER FPEHI ZME E WLEJX 8LI TVSTSVXMSREP TVIWWYVI PMQMXMRK ZEPZI QSYRXIH SR XLI KIEV[LIIP QSXSV GSRXVSPW XLI JER WTIIH
0E]SYX
+IEV QSXSV [MXL TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI +IEV QSXSV *ER HVMZI WLEJX
4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI
+IEV QSXSV [MXL TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI
&IEVMRK GSZIV 7IEP WIX &IEVMRK FYWLMRKW +IEV[LIIPW &IEVMRK FYWLMRKW 1SXSV LSYWMRK
0JVSQ 0JVSQ
7IEP WIX 4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI GSRRIGXMSR LSYWMRK 4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI 3VMRK
0-)&,)66
3VMRK 7LEJX 6SPPIV FIEVMRK 7LEJX WIEP VMRK &IEVMRK GSZIV
SJ
'SSPMRK W]WXIQ
7IVZMGI QERYEP
+IEV QSXSV
4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI
4VIWWYVI VIPMIJ EHNYWXMRK WGVI[ 'SYRXIV RYX 4VSXIGXMZI GET )PIGXVSQEKRIX 'SRRIGXMSR JSV IPIGXVSQEKRIX
7IGSRHEV] WTVMRK ,SYWMRK 7IGSRHEV] TMWXSR 7IGSRHEV] VIWXVMGXSV ,SYWMRK
4VMQEV] WTVMRK 1EMR TMWXSR 4VMQEV] VIWXVMGXSV 7XVEMRIV
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI KIEV QSXSV MW HVMZIR F] XLI KIEV TYQT JPS[ 8LI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI MRXIKVEXIH SR XLI KIEV QSXSV GSRXVSPW XLI WTIIH SJ XLI KIEV QSXSV ERH LIRGI XLI JER WTIIH
+IEV QSXSV 4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI GSQTP 4VSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI
SJ
0-)&,)66
4VIWWYVI VIPMIJ ZEPZI 4 -RPIX JVSQ XLI TYQT 8 6IXYVR JPS[ XS XLI XERO
0JVSQ 0JVSQ
7IVZMGI QERYEP
'SSPMRK W]WXIQ +IEV QSXSV
4VIWWYVI GSRXVSP [MXL XLI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI
,S[ XLI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI [SVOW ;LIR XLI WSPIRSMH MW RSX IRIVKMWIH XLI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI [SVOW PMOI E TMPSXGSRXVSPPIH TVIWWYVI VIPMIJ ZEPZI 8LI TVIWWYVI EX w4x TEWWIW XLVSYKL XLI TVMQEV] VIWXVMGXSV XS XLI WTVMRK EVIE SJ XLI QEMR TMWXSR ERH MW EPWS TVIWIRX ZME XLI WIGSRHEV] VIWXVMGXSV EX XLI WIGSRHEV] TMWXSR 8LI TVIWWYVI VIPMIJ EX XLI QEMR TMWXSR GEYWIW XLI TVMQEV] WTVMRK XS GPSWI XLI QEMR TMWXSR -J XLI TVIWWYVI EX XLI WIGSRHEV] TMWXSR VIEGLIW WYGL E PIZIP XLEX XLI WIX JSVGI SJ XLI WIGSRHEV] WTVMRK MW I\GIIHIH XLI WIGSRHEV] TMWXSR STIRW ERH SMP GER JPS[ MRXS XLI XERO GLEQFIV 8LMW GEYWIW E HMJJIVIRGI MR TVIWWYVI SR IMXLIV WMHI SJ XLI QEMR TMWXSR [LMGL GEYWIW XLI QEMR TMWXSR XS STIR -J XLI WSPIRSMH MW IRIVKMWIH E HMJJIVIRX QEKRIXMG JSVGI MW KIRIVEXIH EGGSVHMRK XS XLI WXVIRKXL SJ XLI GYVVIRX 8LMW QEKRIXMG JSVGI EJJIGXW XLI MVSR GSVI ERH TYPPW MX FEGO [MXL E JSVGI TVSTSVXMSREP XS XLI WXVIRKXL SJ XLI GYVVIRX 8LI QEKRIXMG JSVGI VIHYGIW XLI WIX WTVMRK JSVGI SJ XLI WIGSRHEV] WTVMRK F] XLI WXVIRKXL SJ XLI QEKRIXMG JSVGI 8LMW STIRW XLI TVSTSVXMSREP ZEPZI [LIR XLI W]WXIQ TVIWWYVI MW PS[
*ER WTIIH GSRXVSP 8LI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI STIRW E F]TEWW SR XLI KIEV QSXSV ;LIR XLI XIQTIVEXYVI MW PS[ XLI F]TEWW MW EPQSWX GSQTPIXIP] STIR 1SWX SJ XLI TYQT JPS[ MW HIPMZIVIH XS XLI XERO ZME XLI F]TEWW ZEPZI 8LI JER VSXEXIW EX E VIHYGIH VEXI QMRMQYQ WTIIH ! HVEKKMRK WTIIH %W XLI XIQTIVEXYVI VMWIW XLI F]TEWW ZEPZI GPSWIW MR TVSTSVXMSR XS XLI XIQTIVEXYVI 8LI KIEV QSXSV XYVRW XLI JER EX E LMKLIV WTIIH
*EMPWEJI JYRGXMSR 8LI JEMPWEJI JYRGXMSR QIERW XLEX [LIR E TS[IV JEMPYVI SGGYVW MR XLI TVSTSVXMSREP TVIWWYVI VIPMIJ ZEPZI XLI F]TEWW ZEPZI GPSWIW 8LI KIEV QSXSV MW HVMZIR F] XLI JYPP JPS[ SJ XLI KIEV TYQT 8LI JER VSXEXIW EX XLI QE\MQYQ WTIIH
0JVSQ 0JVSQ
0-)&,)66
SJ
'SSPMRK W]WXIQ
7IVZMGI QERYEP
+IEV QSXSV
8IGLRMGEP HEXE 2EQI
:EPYI
(MWTPEGIQIRX SJ XLI KIEV QSXSV (MVIGXMSR SJ VSXEXMSR SJ KIEV QSXSV PSSOMRK XS[EVHW XLI WLEJX 4VIWWYVI VIPMIJ ZEPZI
FEV
%
z
%
'SMP VIWMWXERGI EX '
3LQ
7GVI[ XMKLXIRMRK XSVUYI
2Q
QQ
7TERRIV WM^I
SJ
GQ
'PSGO[MWI
7SPIRSMH GYVVIRX GSPH QIHMYQ 7SPIRSMH GYVVIRX LSX QIHMYQ EPWS WIRWSV JEMPYVI
9RMXW
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
'SSPMRK W]WXIQ 8IQTIVEXYVI WIRWSV
8IQTIVEXYVI WIRWSV -( 8LI XIQTIVEXYVI WIRWSV MW YWIH XS QIEWYVI XLI XIQTIVEXYVI SJ XLI GSSPERX ERH XLI L]HVEYPMG SMP
0E]SYX 8LI WIRWSV IPIQIRX SJ XLI XIQTIVEXYVI WIRWSV GSRWMWXW SJ E XLMRPE]IV RMGOIP VIWMWXSV IRGETWYPEXIH MR ITS\] VIWMR
8IQTIVEXYVI WIRWSV
*YRGXMSR HIWGVMTXMSR 8IQTIVEXYVI QIEWYVIQIRX
8IQTIVEXYVI VIWMWXERGI GYVZI %W XLI XIQTIVEXYVI VMWIW WS HSIW XLI VIWMWXERGI MR XLI WIRWSV 8LI VIWMWXERGI GYVZI SJ XLI XIQTIVEXYVI WIRWSV MW EPQSWX E WXVEMKLX PMRI
8IGLRMGEP HEXE 2EQI
:EPYI
1IEWYVMRK VERKI
0JVSQ 0JVSQ
QMR QE\
9RMXW ' '
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
6IWMWXERGI EX '
3LQ
0-)&,)66
SJ
'SSPMRK W]WXIQ
7IVZMGI QERYEP
8IQTIVEXYVI WIRWSV
2EQI 6IWMWXERGI EX ' 8ETTIH FSVI 'SRRIGXSV
SJ
0-)&,)66
:EPYI
9RMXW
3LQ
1 \ &SWGL .IX TPYK TMR
0JVSQ 0JVSQ
8VEZIP L]HVEYPMGW 'LETXIV GSRXIRXW
8VEZIP L]HVEYPMGW
:EVMEFPI HMWTPEGIQIRX TYQT -(
:EVMEFPI HMWTPEGIQIRX QSXSV -(
-RGLMRK JYRGXMSR
0JVSQ 0JVSQ
-RGLMRK ZEPZI -(
0-)&,)66
SJ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW
0E]SYX
1EMR GSQTSRIRXW SJ XLI XVEZIP L]HVEYPMGW ,]HVEYPMG XERO :EVMEFPI HMWTPEGIQIRX TYQT
0JVSQ 0JVSQ
;SVOMRK L]HVEYPMGW TYQT :EVMEFPI HMWTPEGIQIRX QSXSV
0-)&,)66
-RGLMRK ZEPZI -RGLFVEOI TIHEP
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI XVEZIP L]HVEYPMGW
,]HVEYPMG XERO 6IXYVR WXVEMRIV &PIIHIV JMPXIV 6IXYVR WYGXMSR JMPXIV 6ITPIRMWLMRK ZEPZI 4VIWWYVI VIXIRWMSR ZEPZI &]TEWW ZEPZI -RGLMRK ZEPZI 8IQTIVEXYVI W[MXGL :EVMEFPI HMWTPEGIQIRX TYQT GSQTPIXI :EVMEFPI HMWTPEGIQIRX TYQT 8VEZIP HMVIGXMSR ZEPZI 7[MZIP VIWXVMGXSV 7IVZS G]PMRHIV 4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI %
SJ
4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI & 4VIWWYVI GYXSJJ 6IWXVMGXSV 6ITPIRMWLMRK TYQT 6ITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 3VMJMGI 'SRXVSP ZEPZI 3VMJMGI 'LIGO ZEPZI FEV 3VMJMGI :EVMEFPI HMWTPEGIQIRX TYQT GSQTPIXI :EVMEFPI HMWTPEGIQIRX QSXSV 'LIGO ZEPZI 8VEZIP HMVIGXMSR WSPIRSMH ZEPZI
0-)&,)66
1% 1& + 478 1
8VEZIP VERKI WSPIRSMH ZEPZI 'SRXVSP TMWXSR 7IVZS TMWXSR 7[MZIP VIWXVMGXSV (MWGLEVKI ZEPZI 3VMJMGI 4VIWWYVI VIPMIJ ZEPZI ,MKL TVIWWYVI XIWX GSRRIGXMSR JSV[EVHW ,MKL TVIWWYVI XIWX TSMRX VI ZIVWI 6ITPIRMWLMRK TVIWWYVI XIWX GSRRIGXMSR 'SRXVSP TVIWWYVI XIWX GSRRIGXMSR 7IVZS TVIWWYVI XIWX GSRRIGXMSR
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW
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w:EVMEFPI HMWTPEGIQIRX TYQTx GLETXIV
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
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w:EVMEFPI HMWTPEGIQIRX QSXSVx GLETXIV
-RGLMRK ZEPZI ;LIR XLI MRGLFVEOI TIHEP MW EGXYEXIH XLI MRGLMRK ZEPZI STIRW 'SRXVSP SMP JPS[W MRXS XLI L]HVEYPMG XERO 8LI GSRXVSP TVIWWYVI MW GSRXMRYSYWP] VIHYGIH ERH XLI ZEVMEFPI HMWTPEGIQIRX TYQT MW XYVRIH WS XLEX MX HIPMZIVW E WQEPPIV ZSPYQI 8LI WTIIH ERH XVEGXMZI JSVGI SJ XLI QEGLMRI GER EPWS FI GSRXMRYSYWP] EHNYWXIH 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w-RGLMRK ZEPZIx GLETXIV
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w,]HVEYPMG XEROx GLETXIV
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
:EVMEFPI HMWTPEGIQIRX TYQT -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT 6ITPIRMWLMRK TYQT 'SRRIGXMSR LSYWMRK 4YQT LSYWMRK
7IVZS G]PMRHIV 8VEZIP HMVIGXMSR ZEPZI
8LI ZEVMEFPI HMWTPEGIQIRX TYQT MW JPERKIQSYRXIH SR XLI JP][LIIP LSYW MRK SJ XLI HMIWIP IRKMRI 8LI ZEVMEFPI HMWTPEGIQIRX TYQT MW ER E\MEP TMWXSR TYQT [MXL E W[EWL TPEXI HIWMKR 8LI ZEVMEFPI HMWTPEGIQIRX TYQT GSRXEMRW E TVIWWYVI GYXSJJ ZEPZI GSRXVSP ZEPZI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW ERH E VITPIRMWLMRK TYQT 8LI JSPPS[MRK HMEKVEQW MPPYWXVEXI XLI HIWMKR SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
'SQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT WMHI ZMI[
(VMZI WLEJX 7RET VMRK 7LEJX WIEP VMRK 4YQT LSYWMRK 7IVZS G]PMRHIV 8VEZIP HMVIGXMSR ZEPZI 7[MZIP VIWXVMGXSV 4VIWWYVI GYXSJJ 'SRRIGXMSR LSYWMRK ;EWLIV 6ITPIRMWLMRK TYQT LSYWMRK
SJ
*IEXLIV OI] &IEVMRK FYWLMRK -RXIVREP KIEV )\XIVREP KIEV &IEVMRK FYWLMRK 'SYTPMRK LYF &IEVMRK FYWLMRK &YWLMRK 'SRXVSP PIRW 4VIWWYVI WTVMRK ']PMRHIV
0-)&,)66
4MWXSR 6IXYVR FEPP (MWG WTVMRKW 6IXYVR TPEXI +PMHI WLSI 7[EWL TPEXI 7[EWL TPEXI FIEVMRK +YMHI TMR 4MR 6SPPIV FIEVMRK 7RET VMRK
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
'SQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT WIVZS G]PMRHIV ERH WIVZS ZEPZI ZMI[
7IVZS G]PMRHIV 4YQT LSYWMRK (MWG WTVMRK 4VIWWYVI WTVMRK 4VIWWYVI WTVMRK 8YVGSR+P]H WIEP +YMHI VMRK 7SPIRSMH
0JVSQ 0JVSQ
4VIWWYVI GYXSJJ 8VEZIP HMVIGXMSR ZEPZI 'SRRIGXMSR LSYWMRK 4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI 'SRXVSP ZEPZI 8[MWX WGVI[ 7SPIRSMH
0-)&,)66
6IGITXEGPI VMRK 4YQT ^IVS TSWMXMSR EHNYWXMRK WGVI[ 'SYRXIV RYX (MWG WTVMRK 7RET VMRK 'SZIV
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
'SQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT JVSRX ZMI[ 4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI 6ITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI
SJ
'SRXVSP ZEPZI 6IWXVMGXSV 4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI
0-)&,)66
4VIWWYVI GYXSJJ
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT
:EVMEFPI HMWTPEGIQIRX TYQT 8VEZIP HMVIGXMSR ZEPZI 7[MZIP VIWXVMGXSV 7IVZS G]PMRHIV 4VIWWYVI VIPMIJ ERH VITPIRMWL MRK ZEPZI % 4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI & 4VIWWYVI GYXSJJ 6IWXVMGXSV
6ITPIRMWLMRK TYQT 6ITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 3VMJMGI 'SRXVSP ZEPZI 'LIGO ZEPZI 'SRXVSP SMP XS XLI MRGLMRK ZEPZI 6IWXVMGXSV :EVMEFPI HMWTPEGIQIRX QSXSV FIEVMRK PYFVMGEXMSR
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
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
7IVZS TMWXSR ERH W[EWL TPEXI 8LI WIVZS TMWXSR XYVRW XLI W[EWL TPEXI SR MXW VSPPIV FIEVMRK ERH XLYW GSRXVSPW XLI TYQT JPS[
7IVZS TMWXSR ERH W[EWL TPEXI 7[EWL TPEXI FIEVMRK 7[EWL TPEXI
7IVZS TMWXSR ']PMRHIV [MXL TMWXSR
%W XLI W[MZIP ERKPI MRGVIEWIW XLI TYQT JPS[ MW MRGVIEWIH 8LI HVMZI XSVUYI MW MRGVIEWIH ;LIR XLI W[MZIP ERKPI MW VIHYGIH XLI JPS[ SJ XLI TYQT MW EPWS VIHYGIH 8LI HVMZI XSVUYI MW VIHYGIH ;LIR MR XLI ^IVS TSWMXMSR XLI TYQT JPS[ MW EPWS ^IVS 8LI WXVSRK WTVMRK GIRXIVMRK MR XLI WIVZS G]PMRHIV OIITW XLI W[EWL TPEXI MR XLI ^IVS TSWMXMSR MJ RS GSRXVSP WMKREPW EVI TVIWIRX 8LI ^IVS TSWMXMSR GER FI QIGLERMGEPP] EHNYWXIH
7IGXMSREP ZMI[ SJ XLI WIVZS G]PMRHIV
SJ
7IVZS G]PMRHIV 4VIWWYVI WTVMRK 7IVZS G]PMRHIV 'SRXVSP SMP WYTTP] JSV JSV[EVH XVEZIP HMVIGXMSR
0-)&,)66
'SRXVSP SMP WYTTP] JSV VIZIVWI XVEZIP HMVIGXMSR 4VIWWYVI WTVMRK >IVS TSWMXMSR EHNYWXMRK WGVI[
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
3R XVEZIVWMRK XLI ^IVS TSWMXMSR XLI JPS[ HMVIGXMSR SJ XLI L]HVEYPMG SMP MW WQSSXLP] VIZIVWIH
'SRXVSP SJ XLI TYQT 8LI TYQT MW VIKYPEXIH F] XLI JSPPS[MRK JEGXSVW z -RTYX WTIIH z 3TIVEXMRK TVIWWYVI z 8VEZIP HMVIGXMSR ZEPZI 7TIIHHITIRHIRX GSRXVSP (% GSRXVSP
8LI WTIIHHITIRHIRX JPS[ SJ XLI VITPIRMWLMRK TYQT MW GLERRIPPIH XLVSYKL XLI XIWX SVMJMGI SR XLI GSRXVSP ZEPZI -R XLI WTIIHHITIRHIRX GSRXVSP ZEPZI XLI GSRXVSP TVIWWYVI MW HIXIVQMRIH F] XLI TVIWWYVI HMJJIVIRGI EX XLI QIEWYVMRK SVMJMGI
7IGXMSREP ZMI[ SJ XLI GSRXVSP ZEPZI
%HYWXMRK WGVI[ :EPZI LSYWMRK :EPZI TMWXSR 6ITPIRMWLMRK TVIWWYVI GSRRIGXMSR
3MP VIXYVR JPS[ XS XLI L]HVEYPMG XERO 'SRXVSP TVIWWYVI GSRRIGXMSR 8IWX SVMJMGI 3MP JVSQ XLI VITPIRMWLMRK TYQT
8LI GSRXVSP ZEPZI MW WIX WS XLEX [LIR XLI HMIWIP IRKMRI MW MHPMRK XLI GSRXVSP TVIWWYVI HSIW RSX I\GIIH XLI JSVGI SJ XLI WIVZS TMWXSR WTVMRKW 8LMW QIERW XLEX [LIR XLI ZEVMEFPI HMWTPEGIQIRX TYQT MW EX MHPMRK WTIIH MX HSIW RSX HIPMZIV ER] SMP ;LIR XLI IRKMRI WTIIH MRGVIEWIW XLI GSRXVSP TVIWWYVI EPWS VMWIW XLI ZEVMEFPI HMWTPEGIQIRX TYQT W[MZIPW SYX ERH WXEVXW TYQTMRK SMP
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
*YRGXMSREP HMEKVEQ [MXL GSRXVSP SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT
6ITPIRMWLMRK TYQT 8IWX SVMJMGI 'SRXVSP ZEPZI 6IWXVMGXSV 6ITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI
4VIWWYVI GYXSJJ -RGLMRK ZEPZI 8VEZIP HMVIGXMSR ZEPZI *SV[EVH XVEZIP HMVIGXMSR WSPIRSMH
6IZIVWI XVEZIP HMVIGXMSR WSPIRSMH 'SRXVSP SMP XS XLI WIVZS G]PMRHIV JSV JSV[EVH XVEZIP 6IXYVR JPS[ SMP JVSQ XLI WIVZS G]PMRHIV JSV VIZIVWI XVEZIP
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
SJ
8LI STIVEXMRK TVIWWYVI EGXW SR XLI TYQT TMWXSRW [LMGL VIWX SR XLI W[EWL TPEXI ERH I\IVX E VIEGXMSR JSVGI 8LMW JSVGI MRLMFMXW XLI W[EWL TPEXI JVSQ XYVRMRK %W XLI XVEZIP VIWMWXERGI MRGVIEWIW XLI STIVEXMRK TVIWWYVI MRGVIEWIW EW HSIW XLI HVMZI XSVUYI SJ XLI TYQT -J XLI XSVUYI I\GIIHW MXW TIVQMXXIH ZEPYI XLI WTIIH SJ XLI HMIWIP IRKMRI HVSTW 8LI GSRXVSP TVIWWYVI MW XLIVIF] VIHYGIH 8LI TMWXSR JSVGIW VIEGXMSR JSVGIW EGXMRK SR XLI W[EWL TPEXI RS[ I\GIIH XLI GSRXVSP TVIWWYVI 8LI TYQT W[MZIPW FEGO
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
8VEZIP HMVIGXMSR ZEPZI
8LI XVEZIP HMVIGXMSR ZEPZI HIXIVQMRIW XLI HMVIGXMSR MR [LMGL XLI TYQT W[MZIPW SYX 8LI XVEZIP HMVIGXMSR ZEPZI HMVIGXW XLI GSRXVSP TVIWWYVI MRXS SRI SJ XLI X[S WIVZS GLEQFIVW MR XLI WIVZS G]PMRHIV 8LI STTSWMXI GLEQFIV VIQEMRW GSRRIGXIH XS XLI HVEMR
7IGXMSREP ZMI[ SJ XLI XVEZIP HMVIGXMSR ZEPZI *SV[EVH XVEZIP HMVIGXMSR WSPIRSMH 'SRXVSP SMP WYTTP] 6IZIVWI XVEZIP HMVIGXMSR WSPIRSMH 7[MZIP VIWXVMGXSV
'SRXVSP SMP WYTTP] JSV JSV[EVH XVEZIP HMVIGXMSR 'SRXVSP SMP WYTTP] JSV VIZIVWI XVEZIP HMVIGXMSR 7IVZS G]PMRHIV
;LIR XLI ZEVMEFPI HMWTPEGIQIRX TYQT MW W[MZIPPMRK FEGO XLI W[MZIP VIWXVMGXSV TVIZIRXW MX JVSQ QSZMRK XSS UYMGOP]
6ITPIRMWLMRK TYQT 8LI VITPIRMWLMRK TYQT MW ER MRXIVREP KIEV TYQT 8LI VITPIRMWLMRK TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH HIPMZIVW MX XS XLI GSRXVSP ZEPZI 8LI HIPMZIV] ZSPYQI SJ XLI TYQT MW TVSTSVXMSREP XS XLI HVMZI WTIIH
*VSRX ZMI[ SJ XLI VITPIRMWLMRK TYQT 'SRXVSP ZEPZI -RXIVREP KIEV TYQT
7YGXMSR WMHI SJ XLI VITPIRMWL MRK TYQT
8LI QE\MQYQ VITPIRMWLMRK TVIWWYVI MW PMQMXIH F] XLI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
6ITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 8LMW HMVIGXP] EGXYEXIH TVIWWYVI VIPMIJ ZEPZI TVSXIGXW XLI VITPIRMWLMRK TYQT EKEMRWX I\GIWW TVIWWYVI
'VSWW WIGXMSR SJ XLI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 8ERO SYXPIX 3MP JVSQ XLI GSRXVSP ZEPZI %HYWXMRK WGVI[
3MP XS XLI TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI :EPZI TMWXSR
)\GIWW SMP XLEX MW RSX JIH MRXS XLI GPSWIH GMVGYMX JPS[W ZME XLI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI XS XLI TYQT LSYWMRK %X XLI WEQI XMQI XLMW SMP GSSPW XLI VSXEV] KVSYT SJ XLI ZEVMEFPI HMWTPEGIQIRX TYQT
4VIWWYVI GYXSJJ 8LI TVIWWYVI GYXSJJ ZEPZI PMQMXW XLI STIVEXMRK TVIWWYVI MR XLI GPSWIH GMVGYMX
7IGXMSREP ZMI[ SJ XLI TVIWWYVI GYXSJJ
4VIWWYVI WTVMRK :EPZI TMWXSR 'SRXVSP SMP WYTTP] 'SRXVSP IHKI
8ERO SYXPIX 8ETTIX 0S[ TVIWWYVI GPSWIH GMVGYMX 'LIGO ZEPZI
&SVI LSPI ,MKL TVIWWYVI GPSWIH GMVGYMX
8LI STIVEXMRK TVIWWYVI GSRXVSPW XLI ZEPZI ;LIR XLI QE\MQYQ STIVEXMRK TVIWWYVI MW VIEGLIH XLI XETTIX ERH XLI ZEPZI TMWXSR EVI TVIWWIH EKEMRWX XLI TVIWWYVI WTVMRKW 8LI GSRXVSP TVIWWYVI GLERRIP MW PMROIH XS XLI XERO SYXPIX ERH WIVZS SMP HVEMRW SJJ 8LI GSRXVSP TVIWWYVI HVSTW ERH XLI ZEVMEFPI HMWTPEGIQIRX TYQT W[MZIPW FEGO XS VIHYGI XLI JPS[ 8LI ZEVMEFPI HMWTPEGIQIRX TYQT XLIR HIPMZIVW NYWX IRSYKL SMP XS EXXEMR XLI QE\MQYQ TVIWWYVI
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI 8LI TMPSXGSRXVSPPIH TVIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW TVIZIRX I\GIWW TVIWWYVI EVMWMRK MR XLI GPSWIH GMVGYMX 8LI LMKL TVIWWYVI JVSQ XLI W]WXIQ EGXW ZME XLI RS^^PI SR XLI TMPSX GSRXVSP TMWXSR ;LIR XLI WIX ZEPYI MW I\GIIHIH XLI TMPSX GSRXVSP TMWXSR STIRW %X XLI WEQI XMQI XLI VIEV TMWXSR GLEQFIV MW STIRIH ZME XLI VIPMIJ GLERRIP XS[EVHW XLI PS[ TVIWWYVI WMHI 8LI QEMR TMWXSR RS[ STIRW ERH XLI LMKL TVIWWYVI SMP GER JPS[ XS XLI PS[ TVIWWYVI WMHI
4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI EX LMKL TVIWWYVI
4VIWWYVI WTVMRK 4MPSX GSRXVSP TMWXSR 6IEV TMWXSR GLEQFIV 1EMR TMWXSR
0S[ TVIWWYVI WMHI 2S^^PI ,MKL TVIWWYVI 6IPMIJ GLERRIP
%X XLI WEQI XMQI XLI ZEPZIW EGX EW VITPIRMWLMRK ZEPZIW JSV XLI GPSWIH GMVGYMX -R XLI TVSGIWW XLI SMP PIEOEKI PSWWIW MR XLI GPSWIH GMVGYMX GEYWI E TVIWWYVI HVST SR XLI PS[ TVIWWYVI WMHI 8LMW STIRW QEMR TMWXSR ERH VITPIRMWLMRK SMP GER RS[ JPS[ MRXS XLI GPSWIH GMVGYMX
4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZI HYVMRK VITPIRMWLQIRX 1EMR TMWXSR 4VIWWYVI WTVMRK 1EMR G]PMRHIV GSRXVSP IHKI
0JVSQ 0JVSQ
0-)&,)66
6ITPIRMWLMRK SMP MRXEOI 6ITPIRMWLMRK GPSWIH GMVGYMX
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX TYQT
8IGLRMGEP HEXE :EPMH JSV
0 0 2EQI
:EPYI
8]TI
9RMXW
%:+ (%
1E\ HMWTPEGIQIRX *PS[ EX VEXIH IRKMRI WTIIH
GQ
PQMR
1E\ W[MZIP ERKPI SR FSXL WMHIW
4S[IV SYXTYX
O;
(MWTPEGIQIRX SJ XLI VITPIRMWLMRK TYQT
GQ
'SRXVSP ZEPZI SVMJMGI HMEQIXIV
QQ
7[MZIP VIWXVMGXSV HMEQIXIV
QQ
-RPIX VIWXVMGXSV HMEQIXIV
QQ
'YVVIRX GSRWYQTXMSR SJ XVEZIP HMVIGXMSR WSPIRSMH ZEPZI
%
6IWMWXERGI SJ XVEZIP HMVIGXMSR WSPIRSMH ZEPZI 1EWW 6ITPIRMWLMRK TVIWWYVI 6IKYPEXMSR FIKMR EX FEV 4YQT SYXTYX EX FEV 4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW 4VIWWYVI GYXSJJ
3LQ
OK
FEV
QMR
QMR
FEV
FEV
:EPYI
9RMXW
8IGLRMGEP HEXE :EPMH JSV
0 2EQI 8]TI
%:+ (%
1E\ HMWTPEGIQIRX *PS[ EX VEXIH IRKMRI WTIIH
GQ
PQMR
1E\ W[MZIP ERKPI SR FSXL WMHIW
4S[IV SYXTYX
O;
(MWTPEGIQIRX SJ XLI VITPIRMWLMRK TYQT
GQ
'SRXVSP ZEPZI SVMJMGI HMEQIXIV
QQ
7[MZIP VIWXVMGXSV HMEQIXIV
QQ
-RPIX VIWXVMGXSV HMEQIXIV
QQ
'YVVIRX GSRWYQTXMSR SJ XVEZIP HMVIGXMSR WSPIRSMH ZEPZI
%
6IWMWXERGI SJ XVEZIP HMVIGXMSR WSPIRSMH ZEPZI
SJ
0-)&,)66
3LQ
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX TYQT
2EQI
:EPYI
1EWW
6ITPIRMWLMRK TVIWWYVI 6IKYPEXMSR FIKMR EX FEV 4YQT SYXTYX EX FEV 4VIWWYVI VIPMIJ ERH VITPIRMWLMRK ZEPZIW 4VIWWYVI GYXSJJ
0JVSQ 0JVSQ
0-)&,)66
9RMXW OK FEV
QMR
QMR
FEV
FEV
SJ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX QSXSV
:EVMEFPI HMWTPEGIQIRX QSXSV -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV
(MWGLEVKI ZEPZI 'SRXVSP YRMX 1SXSV LSYWMRK (VMZI WLEJX
8VEZIP HMVIGXMSR WSPIRSMH ZEPZI 8VEZIP VERKI WSPIRSMH ZEPZI 6IKYPEXMRK YRMX
8LI ZEVMEFPI HMWTPEGIQIRX QSXSV MW JPERKIQSYRXIH SR XLI XVERWJIV KIEV 8LI MRGPMRIH E\MEP XETIVIH TMWXSR VSXEV] KVSYT ERH XLI ZEVMEFPI HMWTPEGI QIRX EVI EPP MRXIKVEXIH MR XLI ZEVMEFPI HMWTPEGIQIRX QSXSV 8LI XVEZIP HMVIGXMSR WSPIRSMH ZEPZI ERH XLI XVEZIP VERKI WSPIRSMH ZEPZI EVI JMXXIH MR XLI VIKYPEXMRK YRMX
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX QSXSV
'SQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV
(VMZI WLEJX 7RET VMRK 7LEJX WIEP VMRK 9GSRRIGXMSR 1SXSV LSYWMRK 8GSRRIGXMSR 4MWXSR ']PMRHIV 'SRXVSP PIRW 5 QMR EHNYWXMRK WGVI[ 8VEZIP HMVIGXMSR ZEPZI 'SRXVSP LSYWMRK 8VEZIP VERKI ZEPZI 'SRXVSP FYWLMRK 'SRXVSP TMWXSR %HNYWXMRK WGVI[ JSV VIKYPEXMSR FIKMR
SJ
7TVMRK FSPX 6IKYPEXMRK WTVMRK 7TVMRK FYWLMRK 6IXYVR WTVMRK 'SRRIGXMRK LSYWMRK 'SRXVSP TMR 8LVIEHIH TMR 7IVZS TMWXSR 7SGOIXLIEH WGVI[ 7IVZS TMWXSR WIEP (MWGLEVKI ZEPZI LSYWMRK (MWGLEVKI ZEPZI 3VMJMGI 4VIWWYVI VIPMIJ ZEPZI 4VIWWYVI WTVMRK :EPZI MRWIVX 4VIWWYVI WTVMRK
0-)&,)66
'IRXVI TMR 8GSRRIGXMSR (VMZI WLEJX FIEVMRK %HNYWXMRK [EWLIV 7RET VMRK 8VEZIP VERKI WSPIRSMH 8VEZIP HMVIGXMSR WSPIRSMH ZEPZI :EPZI MRWIVX 'LIGO ZEPZI 8IWX GSRRIGXMSR 1 ;EWLIV 6IXYVR WTVMRK -RXIVREP ERH I\XIVREP VIWXVMGXSV WGVI[ 7[MZIP VIWXVMGXSV
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX QSXSV
'SQTSRIRXW SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV
0JVSQ 0JVSQ
0-)&,)66
SJ
8VEZIP L]HVEYPMGW
7IVZMGI QERYEP
:EVMEFPI HMWTPEGIQIRX QSXSV
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV
:EVMEFPI HMWTPEGIQIRX QSXSV 'LIGO ZEPZI 8VEZIP HMVIGXMSR WSPIRSMH ZEPZI 8VEZIP VERKI WSPIRSMH ZEPZI 'SRXVSP TMWXSR 7IVZS TMWXSR
7[MZIP VIWXVMGXSV (MWGLEVKI ZEPZI 3VMJMGI 4VIWWYVI VIPMIJ ZEPZI 'SRXVSP SMP GSRRIGXMSR &IEVMRK PYFVMGEXMSR GSRRIGXMSR
8LI ZEVMEFPI HMWTPEGIQIRX QSXSV HVMZIW XLI XVERWJIV KIEV 8LI JPS[ JVSQ XLI HMWTPEGIQIRX TYQT VIEGLIW XLI ZEVMEFPI HMWTPEGIQIRX QSXSV ZME TVIWWYVI GSRRIGXMSR % SV & -R XLI TVSGIWW XLI VIKYPEXMRK TMWXSRW [LMGL QSZI EPSRK XLI G]PMRHIV SJ XLI VSXEV] KVSYT EVI WYFNIGXIH XS TVIWWYVI 8LI VIWYPXMRK JSVGI XYVRW XLI HVMZI WLEJX ERH KIRIVEXIW E GIVXEMR XSVUYI 8LI XSVUYI EX XLI HVMZI WLEJX HITIRHW SR XLI W[MZIP ERKPI ERH SR XLI STIVEXMRK TVIWWYVI MR XLI GPSWIH GMVGYMX 8LI WTIIH SJ XLI HVMZI WLEJX HITIRHW SR XLI TYQT JPS[ ERH SR XLI W[MZIP ERKPI SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV z %W XLI W[MZIP ERKPI HIGVIEWIW XLI WTIIH MRGVIEWIW ERH XLI TSXIRXMEP XSVUYI MW VIHYGIH z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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
8VEZIP L]HVEYPMGW :EVMEFPI HMWTPEGIQIRX QSXSV
7TIIHHITIRHIRX GSRXVSP (% GSRXVSP 8LI VIKYPEXMSR ERH GSRXVSP YRMX ERH XLI wWTIIHHITIRHIRX GSRXVSPx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wJPSEX TSWMXMSRx JYRGXMSR
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO 8LI L]HVEYPMG XERO TVSZMHIW JMPXIVIH SMP JSV XLI [SVOMRK L]HVEYPMGW 8LI [SVOMRK L]HVEYPMGW TYQT HVE[W YT SMP JVSQ XLI L]HVEYPMG XERO ZME XLI GSRRIGXMSR 8LI VIXYVRMRK SMP MW TYQTIH XLVSYKL XLI VIXYVR WYGXMSR JMPXIV FEGO XS XLI L]HVEYPMG XERO 8LI FPIIHIV JMPXIV GSQTIRWEXIW JSV TVIWWYVI HMJJIVIRGIW MRWMHI XLI L]HVEYPMG XERO F] TVSZMHMRK ETTVSTVMEXI ZIRXMPEXMSR 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w,]HVEYPMG XEROx GLETXIV
;SVOMRK L]HVEYPMGW TYQT 8LI [SVOMRK L]HVEYPMGW TYQT MW E KIEV TYQT -X HVE[W XLI SMP JVSQ XLI L]HVEYPMG XERO ERH HIPMZIVW MX ZME XLI ZEPZI FPSGO XS XLI GSRXVSP ZEPZI FPSGO 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w;SVOMRK L]HVEYPMGW TYQTx GLETXIV
:EPZI FPSGO 8LI ZEPZI FPSGO HMWXVMFYXIW XLI SMP JPS[ JVSQ XLI [SVOMRK L]HVEYPMGW TYQT XS XLI WXIIVMRK W]WXIQ XLI [SVOMRK L]HVEYPMGW ERH XLI TEVOMRK FVEOI 8LI WXIIVMRK W]WXIQ ERH XLI TEVOMRK FVEOI EVI XLI TVMQEV] GSQTSRIRXW JSV XLI SMP WYTTP] 8LI VIQEMRMRK SMP JPS[W XS XLI [SVOMRK L]VEYPMGW 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w:EPZI FPSGOx GLETXIV
'SRXVSP ZEPZI FPSGO 8LI WTSSP ZEPZIW JSV XLI PMJX G]PMRHIV ERH XMPX G]PMRHIV EVI MRXIKVEXIH MR XLI GSRXVSP ZEPZI FPSGO 8LI WTSSP ZEPZIW MR XLI GSRXVSP ZEPZI FPSGO EVI L]HVEYPMGEPP] GSRXVSPPIH F] XLI TMPSX GSRXVSP YRMX 8LI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZIW TVSXIGX XLI L]HVEYPMG W]WXIQ JVSQ TVIWWYVI TIEOW JVSQ XLI GSRWYQIV YRMXW 8LI TVMQEV] TVIWWYVI VIPMIJ ZEPZI TVSXIGXW XLI [SVOMRK L]HVEYPMGW TYQT JVSQ I\GIWW TVIWWYVI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w'SRXVSP ZEPZI FPSGOx GLETXIV
3MP GSSPIV 8LI SMP VIXYVRMRK JVSQ XLI GSRXVSP ZEPZI FPSGO MW TYQTIH XLSYKL XLI GSRRIGXMSR XS XLI SMP GSSPIV 8LI L]HVSWXEXMGEPP] HVMZIR JER GSSPW XLI SMP 8LI GSSPIH SMP JPS[W FEGO XS XLI L]HVEYPMG XERO ZME XLI GSRRIGXMSR 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w'SSPMRK W]WXIQx GLETXIV
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW
4MPSX GSRXVSP
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w4MPSX GSRXVSPx GLETXIV
,]HVEYPMG UYMGOGLERKI HIZMGI 8LI L]HVEYPMG UYMGOGLERKI HIZMGI MW MRWXEPPIH EW WXERHEVH SR QEGLMRIW [MXL 4FEV OMRIQEXMGW ERH EW ER STXMSR SR QEGLMRIW [MXL >FEV OMRIQEX MGW
8LI UYMGOGLERKI HIZMGI MW WYTTPMIH [MXL SMP ZME XLI ZEPZI FPSGO F] XLI [SVOMRK L]HVEYPMGW TYQT 4VIWWYVI MW GSRXMRYSYWP] ETTPMIH XS XLI FSXXSQ SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV 8LMW IRWYVIW XLEX XLI UYMGOGLERKI HIZMGI MW WEJIP] PSGOIH 8LI UYMGOGLERKI HIZMGI MW QSRMXSVIH F] QIERW SJ XLI UYMGOGLERKI HIZMGI TVIWWYVI W[MXGL -J XLI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI MW EGXMZEXIH TVIWWYVI MW ETTPMIH XS XLI VSH WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV 8LMW YRPSGOW XLI [SVOMRK EXXEGLQIRX 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w,]HVEYPMG UYMGOGLERKI HIZMGIx GLET XIV
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ;SVOMRK L]HVEYPMGW TYQT
;SVOMRK L]HVEYPMGW TYQT -( 0E]SYX
;SVOMRK L]HVEYPMGW TYQT GSQTSRIRXW
(VMZI WLEJX ERH KIEV[LIIP ,SYWMRK 7LEJX WIEP VMRK &YWLMRK 7IEPMRK TPEXI
3VMRK 1MHHPI LSYWMRK WIGXMSR ,SYWMRK GSZIV 7IEP [MXL WYTTSVX VMRK
8LI [SVOMRK L]HVEYPMGW TYQT MW JPERKIQSYRXIH SR XLI XVEZIP L]HVEYPMGW TYQT ERH MW HVMZIR ZME XLMW YRMX F] XLI HMIWIP IRKMRI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI KIEV TYQT GSRWMWXW SJ X[S QIWLMRK KIEVW IRGPSWIH MR E LSYWMRK 3RI SJ XLI X[S KIEV[LIIPW XLI HVMZMRK KIEV MW HVMZIR F] XLI I\XIVREP WLEJX [LMPI XLI SXLIV MW HVMZIR ZME XLI QIWLIH XIIXL 8LI MRGSQMRK L]HVEYPMG JPYMH MW XVETTIH MR XLI KETW FIX[IIR XLI XIIXL ERH MW TYQTIH SYXWMHI EPSRK XLI LSYWMRK JVSQ XLI MRXEOI XS XLI HMWGLEVKI GSRRIGXMSR
3MP WYTTP] JSV XLI [SVOMRK L]HVEYPMGW WXIIVMRK W]WXIQ ERH FVEOI W]WXIQ 8LI [SVOMRK L]HVEYPMGW TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH TYQTW MX XS XLI ZEPZI FPSGO 8LI WTIIHHITIRHIRX TYQT JPS[ MW HMWXVMF YXIH F] XLI ZEPZI FPSGO XS XLI [SVOMRK L]HVEYPMGW WXIIVMRK W]WXIQ ERH TEVOMRK FVEOI 8LI WXIIVMRK ERH FVEOI W]WXIQW EVI JMVWX WYTTPMIH [MXL SMP ERH XLI VIQEMR HIV MW TYQTIH XS XLI [SVOMRK L]HVEYPMGW
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW TYQT
3MP WYTTP] JSV XLI [SVOMRK L]HVEYPMGW WXIIVMRK W]WXIQ ERH FVEOI W]WXIQ
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
4
(MWTPEGIQIRX
GQ
*PS[ EX VEXIH IRKMRI WTIIH
PQMR
4S[IV SYXTYX
O;
1EWW
9RMXW
OK
:EPZI FPSGO -( *YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR *YRGXMSRW SJ XLI ZEPZI FPSGO z (MWXVMFYXIW SMP XS XLI WXIIVMRK W]WXIQ TEVOMRK FVEOI ERH [SVOMRK L]HVEYPMGW z 4VIWWYVI VIPMIJ JSV XLI WXIIVMRK z 'LEVKMRK XLI L]HVS EGGYQYPEXSV JSV XLI TEVOMRK FVEOI
(MWXVMFYXMSR SJ XLI SMP JPS[ MR XLI [SVOMRK L]HVEYPMG TYQT 8LI TVMSVMX] ZEPZI MR XLI ZEPZI FPSGO HMWXVMFYXIW XLI SMP JPS[ JVSQ XLI [SVOMRK L]HVEYPMGW TYQT XS XLI WXIIVMRK W]WXIQ XLI [SVOMRK L]HVEYPMGW ERH XLI TEVOMRK FVEOI 8LI WXIIVMRK W]WXIQ ERH XLI TEVOMRK FVEOI EVI WYTTPMIH [MXL SMP JMVWX 8LI VIQEMRMRK SMP JPS[W XS XLI [SVOMRK L]VEYPMGW 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w7XIIVMRK W]WXIQx GLETXIV YRHIV w:EPZI FPSGOx
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 'SRXVSP ZEPZI FPSGO
'SRXVSP ZEPZI FPSGO -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI GSRXVSP ZEPZI FPSGO 4VMQEV] TVIWWYVI VIPMIJ ZEPZI *PSEX TSWMXMSR GSZIV 7IGSRHEV] TVIWWYVI VIPMIJ ZEPZIW
0MJX G]PMRHIV WTSSP ZEPZI 8MPX G]PMRHIV WTSSP ZEPZI )RH TPEXI 'SRRIGXMRK LSYWMRK
8LI GSRXVSP ZEPZI FPSGO MW MRWXEPPIH MR XLI JVSRX WIGXMSR SJ XLI QEGLMRI *YVXLIV IPIQIRXW JSV EGXMZEXMRK E VH ERH XL GSRXVSP GMVGYMX GER FI EHHIH XS XLI I\MWXMRK GSRXVSP G]PMRHIV FPSGO MJ RIGIWWEV]
7IGXMSREP ZMI[ SJ XLI GSRXVSMP ZEPZI FPSGO % %
8MPXMR TVIWWYVI VIPMIJ ZEPZI 0SEH VIXEMRMRK ZEPZI 8MPXSYX TVIWWYVI VIPMIJ ZEPZI ,SYWMRK GSZIV
0JVSQ 0JVSQ
8MPX G]PMRHIV WTSSP ZEPZI 7TSSP ZEPZI LSYWMRK 4PYK -RXIVMSV WTVMRK GYT
0-)&,)66
,SYWMRK GSZIV )\XIVMSV WTVMRK GYT 4VIWWYVI WTVMRKW
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
'SRXVSP ZEPZI FPSGO
'SRXVSP ZEPZI FPSGO GVSWWWIGXMSR
)\XIVMSV WTVMRK GYT 4VIWWYVI WTVMRKW -RXIVMSV WTVMRK GYT 7TSSP ZEPZI LSYWMRK 'PSWMRK IPIQIRX 8MPX G]PMRHIV WTSSP ZEPZI
,SYWMRK GSZIV 0MJX G]PMRHIV WTSSP ZEPZI 7TSSP ZEPZI LSYWMRK 'SRRIGXMRK IPIQIRX 4VMQEV] ZEPZI ,SYWMRK GSZIV
*PSEX TSWMXMSR WTVMRK GYT 4VIWWYVI WTVMRK %HYWXMRK WGVI[ 'SYRXIV RYX
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI GSRXVSP ZEPZI FPSGO
SJ
'SRXVSP ZEPZI FPSGO 4VMQEV] TVIWWYVI VIPMIJ ZEPZI 0MJX G]PMRHIV WTSSP ZEPZI 0SEH VIXEMRMRK ZEPZI
0-)&,)66
6ITPIRMWLMRK ZEPZI 8MPX G]PMRHIV WTSSP ZEPZI %HHMXMSREP IUYMTQIRX WTSSP ZEPZI 0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 'SRXVSP ZEPZI FPSGO
%HHMXMSREP IUYMTQIRX TVIWWYVI VIPMIJ ZEPZI %HHMXMSREP IUYMTQIRX TVIWWYVI VIPMIJ ZEPZI 8MPXSYX TVIWWYVI VIPMIJ ZEPZI 8MPXMR TVIWWYVI VIPMIJ ZEPZI 0MJXMRK TVIWWYVI VIPMIJ ZEPZI
,]HVEYPMG XERO GSRRIGXMSR 4YQT GSRRIGXMSR 0MJX G]PMRHIV GSRRIGXMSR 8MPX G]PMRHIV GSRRIGXMSR %HHMXMSREP IUYMTQIRX GSRRIGXMSR
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
;SVOMRK L]HVEYPMGW MR MREGXMZI GSRHMXMSR
'SRXVSP ZEPZI FPSGO MR MREGXMZI GSRHMXMSR ;LIR XLI HMIWIP IRKMRI MW VYRRMRK ERH XLI [SVOMRK L]VEYPMGW EVI RSX EGXMZEXIH XLI [SVOMRK L]HVEYPMGW TYQT HIPMZIVW SMP XS XLI GSRXVSP ZEPZI FPSGO 8LI TYQTIH SMP JPS[W JVSQ GSRRIGXMSR 4 ZME XLI ETTVSTVMEXI WTSSP ZEPZI XS XLI GPSWMRK IPIQIRX ERH FEGO ZME GSRRIGXMSR 8 XS XLI L]HVEYPMG XERO 'SRRIGXMSRW ERH XS XLI PMJXMRK G]PMRHIV EVI GPSWIH
;SVOMRK L]HVEYPMGW MR EGXMZI GSRHMXMSR 8LI WTSSP ZEPZIW MR XLI GSRXVSP ZEPZI FPSGO EVI L]HVEYPMGEPP] GSRXVSPPIH F] XLI TMPSX GSRXVSP YRMX
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
'SRXVSP ZEPZI FPSGO
7TSSP ZEPZI JSV XMPXMRK JYRGXMSR MR EGXMZI GSRHMXMSR ;LIR XLI XMPXMR JYRGXMSR MW EGXMZEXIH GSRXVSP SMP JPS[W JVSQ XLI TMPSX GSRXVSP YRMX XS GSRRIGXMSR F 8LI WTSSP ZEPZI MW TYWLIH XS XLI VMKLX 8LI WTSSP ZEPZI GYXW SJJ XLI GSRRIGXMSR JVSQ XLI TYQT GLERRIP XS XLI XERO GLERRIP 2S[ TVIWWYVI GER EGGYQYPEXI MR XLI TYQT GLERRIP [LMGL STIRW XLI PSEH VIXEMRMRK ZEPZI 3MP JPS[W JVSQ XLI TYQT GLERRIP ZME XLI PSEH VIXEMRMRK ZEPZI ERH XLI WTSSP ZEPZI XS GSRRIGXMSR & ERH XS XLI XMPX G]PMRHIV 8LI SMP VIXYVRMRK JVSQ XLI XMPX G]PMRHIV JPS[W XLSYKL GSRRIGXMSR % ERH XLI WTSSP ZEPZI XS XLI XERO GLERRIP -J XLI WTSSP ZEPZI MW SRP] WPMKLXP] EGXMZEXIH SRP] E TEVX SJ XLI TYQTIH SMP JPS[W XS XLI GSRWYQIV YRMX XMPX G]PMRHIV 8LI I\GIWW JPS[ MW HMZIVXIH ZME XLI GSRXVSP RSXGL XS XLI XERO GLERRIP
;SVOMRK L]HVEYPMGW MR XLI JPSEX TSWMXMSR -R XLI JPSEX TSWMXMSR XLI JYPP [IMKLX SJ XLI [SVOMRK EXXEGLQIRX PMIW SR XLI KVSYRH 8LI PMJX EVQ GER QSZI JVIIP] YT ERH HS[R HITIRHMRK SJ XLI YRIZIRRIWW SJ XLI KVSYRH
'SRXVSP ZEPZI FPSGO MR XLI JPSEX TSWMXMSR %X XLI QE\MQYQ HIJPIGXMSR SJ XLI 0, GSRXVSP PIZIV JSV PS[IVMRK XLI PMJX EVQ XLI QE\MQYQ GSRXVSP TVIWWYVI MW TVIWIRX EX XLI GSRRIGXMSR E 8LI WTSSP ZEPZI MW TYWLIH EPP XLI [E] XS XLI PIJX EKEMRWX XLI VIKYPEXMRK WTVMRKW ERH JPSEX TSWMXMSR WTVMRK ;LIR XLI WTSSP ZEPZI MW MR XLMW TSWMXMSR XLI FSXXSQ SJ XLI PMJXMRK G]PMRHIV & ERH XLI VSH WMHI SJ XLI PMJXMRK G]PMRHIV % EVI GSRRIGXIH XS XLI XERO GLERRIP
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 'SRXVSP ZEPZI FPSGO
4VMQEV] TVIWWYVI VIPMIJ ZEPZI 8LI TVMQEV] ZEPZI TVSXIGXW XLI [SVOMRK L]HVEYPMGW TYQT JVSQ I\GIWW TVIWWYVI -J XLIVI MW I\GIWW TVIWWYVI TEVX SJ XLI SMP JPS[W FEGO XS XLI XERO GLERRIP 8LI TVMQEV] TVIWWYVI VIPMIJ ZEPZI MW E TMPSX GSRXVSPPIH ZEPZI [MXL E VITPIR MWLMRK JYRGXMSR
7IGSRHEV] TVIWWYVI VIPMIJ ZEPZIW 8LI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZIW TVIZIRX I\GIWW TVIWWYVI [LIR XLI PMJX EVQW EVI VEMWIH SV XLI FYGOIX MW XMPXIH MR SV SYX ,MKL TVIWWYVI GER FI GEYWIH F] I\XIVREP JSVGIW JSV I\EQTPI MJ E PEVKI VSGO JEPPW MRXS XLI FYGOIX 2S WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI MW RIGIWWEV] JSV PS[IVMRK XLI PMJX EVQW 8LI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZIW EVI TMPSX STIVEXIH ZEPZIW [MXL ER MRXIKVEXIH VITPIRMWLMRK JYRGXMSR -J XLI TVIWWYVI MW XSS LMKL XLI WIGSRHEV] TVIWWYVI VIPMIJ ZEPZI SR XLI GSRWYQIV YRMX WMHI STIRW XS[EVHW XLI XERO GSRRIGXMSR
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
71
'SRXVSP TMWXSR HMEQIXIV
QQ
4MWXSR WXVSOI SR FSXL WMHIW
QQ
4VMQEV] TVIWWYVI VIPMIJ ZEPZI 0
FEV
4VMQEV] TVIWWYVI VIPMIJ ZEPZI 0
FEV
7IGSRHEV] TVIWWYVI VIPMIJ ZEPZI JSV PMJXMRK
FEV
7IGSRHEV] TVIWWYVI VIPMIJ ZEPZI JSV XMPXMRK MR
FEV
7IGSRHEV] TVIWWYVI VIPMIJ ZEPZI JSV XMPXMRK SYX >FEV OMRIQEXMGW
FEV
7IGSRHEV] TVIWWYVI VIPMIJ ZEPZI JSV XMPXMRK SYX 4FEV OMRIQEXMGW
FEV
1EWW
0JVSQ 0JVSQ
9RMXW
0-)&,)66
OK
SJ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
4MPSX GSRXVSP 0E]SYX :EPMH JSV
0 0
'SQTSRIRXW SJ XLI TMPSX GSRXVSP 4MPSX GSRXVSP YRMX 'LIGO ZEPZI 4MPSX GSRXVSP L]HVS EGGYQYPEXSV
0JVSQ 0JVSQ
:EVMEFPI HMWTPEGIQIRX TYQT [MXL VITPIRMWLMRK TYQT 4MPSX GSRXVSP WSPIRSMH ZEPZI
0-)&,)66
'SRXVSP ZEPZI FPSGO
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
:EPMH JSV
0 0
'SQTSRIRXW SJ XLI TMPSX GSRXVSP 4MPSX GSRXVSP YRMX :EVMEFPI HMWTPEGIQIRX TYQT [MXL VITPIRMWLMRK TYQT
7SPIRSMH ZEPZI FPSGO 4MPSX GSRXVSP L]HVS EGGYQYPEXSV 4MPSX GSRXVSP WSPIRSMH ZEPZI
'SRXVSP ZEPZI FPSGO
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
4MPSX GSRXVSP L]HVS EGGYQYPEXSV
4MPSX GSRXVSP YRMX %HHMXMSREP IUYMTQIRX ZEPZI %HHMXMSREP IUYMTQIRX ZEPZI 8MPXMR ZEPZI 0MJXMRK ZEPZI 8MPXSYX ZEPZI
SJ
0S[IVMRK ZEPZI 4MPSX GSRXVSP WSPIRSMH ZEPZI 4MPSX GSRXVSP L]HVS EGGYQYPEXSV 'LIGO ZEPZI 6ITPIRMWLMRK TYQT 'SRXVSP ZEPZI FPSGO
0-)&,)66
%HHMXMSREP IUYMTQIRX WTSSP ZEPZI 8MPX G]PMRHIV WTSSP ZEPZI 0MJX G]PMRHIV WTSSP ZEPZI
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
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
4MPSX GSRXVSP YRMX 8LI TMPSX GSRXVSP YRMX EGXYEXIW XLI WTSSP ZEPZIW MR XLI GSRXVSP ZEPZI FPSGO 8LI GSRXVSP TVIWWYVI FYMPHW YT WQSSXLP] EGGSVHMRK XS XLI PIZIV HIJPIGXMSR 6IXEMRMRK QEKRIXW JSV FYGOIX VIXYVRXSHMK PMJX OMGOSYX ERH JPSEX TSWMXMSR EVI MRXIKVEXIH MR XLI TMPSX GSRXVSP YRMX 8LIWI QEKRIXW LSPH XLI GSRXVSP PIZIV MR XLI QE\MQYQ HIJPIGXIH TSWMXMSR YRXMP XLI WSPIRSMH GYVVIRX MW W[MXGLIH SJJ 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI 4MPSX GSRXVSP YRMX GLETXIV
:EVMEFPI HMWTPEGIQIRX TYQT [MXL VITPIRMWLMRK TYQT 8LI VITPIRMWLMRK TYQT MW MRXIKVEXIH MR XLI ZEVMEFPI HMWTPEGIQIRX TYQT JSV XLI XVEZIP L]HVEYPMGW 8LI SMP JVSQ XLI VITPIRMWLMRK TYQT JPS[W XLVSYKL XLI TMPSX GSRXVSP GSRRIGXMSR FEGO XS XLI [SVOMRK L]HVEYPMGW 8LI JSPPS[MRK GSQTSRIRXW ERH JYRGXMSRW EVI WYTTPMIH [MXL SMP JVSQ XLI VITPIRMWLMRK TYQT z 'SRXVSP GMVGYMX SJ XLI XVEZIP L]HVEYPMGW z 4MPSX GSRXVSP SJ XLI [SVOMRK L]HVEYPMGW z &IEVMRK PYFVMGEXMSR SJ XLI ZEVMEFPI HMWTPEGIQIRX QSXSV 8LI QE\MQYQ VITPIRMWLMRK TYQT TVIWWYVI MW PMQMXIH F] XLI VITPIRMWLMRK TVIWWYVI VIPMIJ ZEPZI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w8VEZIP L]HVEYPMGWx GLETXIV YRHIV w:EVM EFPI HMWTPEGIQIRX TYQTx
'SRXVSP ZEPZI FPSGO 8LI WTSSP ZEPZIW JSV XLI PMJX G]PMRHIV ERH XMPX G]PMRHIV EVI MRXIKVEXIH MR XLI GSRXVSP ZEPZI FPSGO 8LI WTSSP ZEPZIW MR XLI GSRXVSP ZEPZI FPSGO EVI L]HVEYPMGEPP] GSRXVSPPIH F] XLI TMPSX GSRXVSP YRMX 8LI WTSSP ZEPZIW EVI WQSSXLP] QSZIH MR XLI ETTVSTVMEXI HMVIGXMSR EGGSVH MRK XS XLI PIZIP SJ XLI TMPSX GSRXVSP TVIWWYVI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w'SRXVSP ZEPZI FPSGOx GLETXIV
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
:EPMH JSV
0 0
,]HVS EGGYQYPEXSV [MXL GLIGO ZEPZI 8LI L]HVS EGGYQYPEXSV [MXL GLIGO ZEPZI IREFPIW XLI PMJX EVQ XS FI PS[IVIH ERHSV XLI [SVOMRK EXXEGLQIRX XS FI XMPXIH SYX IZIR [LIR XLI HMIWIP IRKMRI MW RSX VYRRMRK 8LI GLIGO ZEPZI TVIZIRXW SMP JPS[MRK FEGO JVSQ XLI L]HVS EGGYQYPEXSV XS XLI VITPIRMWLMRK TYQT 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w,]HVS EGGYQYPEXSV [MXL GLIGO ZEPZIx GLETXIV
:EPMH JSV
0 0
4MPSX GSRXVSP WSPIRSMH ZEPZI ;LIR XLI HMIWIP IRKMRI MW WXEVXIH XLI TMPSX GSRXVSP WSPIRSMH ZEPZI MW EYXSQEXMGEPP] EGXMZEXIH 8LI TMPSX GSRXVSP YRMX MW WYTTPMIH [MXL WIVZS SMP ZME XLI GSRRIGXMSR ERH XLI [SVOMRK L]HVEYPMGW GER XLYW FI STIVEXIH 8LI [SVOMRK L]HVEYPMGW PSGOSYX W[MXGL HIEGXMZEXIW XLI TMPSX GSRXVSP WSPI RSMH ZEPZI 'SRRIGXMSR JVSQ XLI TMPSX GSRXVSP YRMX XS XLI L]HVEYPMG XERO MW VIPMIZIH SJ TVIWWYVI ZME GSRRIGXMSR XLYW FPSGOMRK XLI STIVEXMSR SJ XLI [SVOMRK L]HVEYPMGW
8LI TMPSX GSRXVSP L]HVS EGGYQYPEXSV EPWS IREFPIW XLI PMJX EVQ XS FI PS[IVIH ERHSV XLI [SVOMRK EXXEGLQIRX XS FI XMPXIH SYX IZIR [LIR XLI MKRMXMSR MW SJJ 8S HS XLMW TVIWW ERH LSPH HS[R [SVOMRK L]HVEYPMGW PSGOSYX W[MXGL ERH EX XLI WEQI QSZI XLI GSRXVSP PIZIV MR XLI ETTVSTVMEXI HMVIGXMSR 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w4MPSX GSRXVSP WSPIRSMH ZEPZIx GLETXIV :EPMH JSV
0 0
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
7II XLI HIXEMPIH HIWGVMTXMSRW MR XLI w4MPSX GSRXVSP WSPIRSMH ZEPZIx ERH wTMPSX GSRXVSP L]HVS EGGYQYPEXSVx GLETXIVW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
4MPSX GSRXVSP YRMX -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI TMPSX GSRXVSP YRMX ,SYWMRK 'SRXVSP ZEPZI )PIGXVSQEKRIXMG PSGO
'SRXVSP TPEXI 'SRXVSP PIZIV
8LI TMPSX GSRXVSP YRMX MW MRXIKVEXIH MR XLI STIVEXMRK TERIP XS XLI VMKLX SJ XLI HVMZIV W WIEX % JYVXLIV TMPSX GSRXVSP YRMX JSV STXMSREP JYRGXMSRW VH GSRXVSP GMVGYMX GER FI JMXXIH SR XLI I\MWXMRK TMPSX GSRXVSP
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
'SQTSRIRXW SJ XLI TMPSX GSRXVSP YRMX
SJ
4VIWWYVI WTVMRK 7TVMRK WPIIZI 3VMRK &VEWW FYWLMRK 7IEPMRK VMRK 3VMRK 4PEWXMG FYWLMRK 3VMRK 8ETTIX KYMHI 6IXEMRMRK VMRK )PIGXVSQEKRIX [MXL FYWLMRKW 8LVIEHIH VSH [MXL YRMZIVWEP NSMRX 6MRK 8ETTIX [MXL YRMZIVWEP NSMRX ;EWLIV 0SGO RYX 'SRRIGXMRK TMIGI 'SYRXIV RYX 'SRXVSP PIZIV
0-)&,)66
'SRXVSP TPEXI 7LMQ %HNYWXMRK WPIIZI 2YX 'SYRXIV RYX %HYWXMRK WGVI[ 7RET VMRK 8ETTIX +YMHI FYWLMRK 8ETTIX 6IXEMRMRK TPEXIW 7TVMRK GYT 6IXYVR WTVMRK 6IKYPEXMRK WTVMRK 6IKYPEXMRK TMWXSR 4PYK &SVI LSPI ,SYWMRK 'SRRIGXMSR 'SRRIGXMSR
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI TMPSX GSRXVSP YRMX
0S[IVMRK ZEPZI 8MPXSYX ZEPZI 0MJXMRK ZEPZI 8MPXMR ZEPZI
*PSEX TSWMXMSR WSPIRSMH 0MJXMRK PMQMX W[MXGL WSPIRSMH &YGOIX VIXYVRXSHMK WSPIRSMH
8LI TMPSX GSRXVSP YRMX L]HVEYPMGEPP] EGXYEXIW XLI GSRXVSP TMWXSR MR XLI GSRXVSP ZEPZI FPSGO -X STIVEXIW ZME HMVIGXP] EGXYEXIH TVIWWYVI VIPMIJ ZEPZIW ;LIR XLI GSRXVSP PIZIV MW HIJPIGXIH GSRXVSP TVIWWYVI MW WYTTPMIH WQSSXLP] XS XLI VIWTIGXMZI GSRRIGXMSR 4VIWWYVI VIKYPEXMSR SJ XLI MRHMZMHYEP ZEPZIW MR XLI TMPSX GSRXVSP YRMX HITIRHW SR z 8LI HIJPIGXMSR SJ XLI GSRXVSP PIZIV z 8LI GLEVEGXIVMWXMGW SJ XLI MRHMZMHYEP VIKYPEXMRK WTVMRKW 6IXEMRMRK WSPIRSMHW IREFPI IEGL JYRGXMSR XS FI IPIGXVSQEKRIXMGEPP] PSGOIH 8LMW QIERW XLEX QEKRIXMG JSVGI LSPHW XLI GSRXVSP PIZIV MR XLI IRH TSWMXMSR 6IWXMRK GSRHMXMSR
-R MXW VIWXMRK TSWMXMSR XLI GSRXVSP PIZIV MW LIPH MR XLI ^IVS TSWMXMSR F] XLI VIXYVR WTVMRKW 8LI GSRRIGXMSR MW PMROIH ZME XLI FSVI LSPI XS XLI XERO GSRRIGXMSR 8
'SRXVSP ZEPZI EX VIWX GSRXVSP ZEPZI MR XLI VIKYPEXMRK TLEWI
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
6IKYPEXMRK TLEWI
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
)PIGXVSQEKRIXMG PSGO 8LI JSPPS[MRK JYRGXMSRW LEZI ER IPIGXVSQEKRIXMG PSGO z 0MJXMRK PMQMX W[MXGL z &YGOIX VIXYVRXSHMK z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
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
SJ
9RMXW
8,*
6IXEMRMRK WSPIRSMH ZSPXEKI
6IXEMRMRK WSPIRSMH GYVVIRX GSRWYQTXMSR
Q%
1EWW
OK
0-)&,)66
:
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
4MPSX GSRXVSP WSPIRSMH ZEPZI -( 0E]SYX
4MPSX GSRXVSP WSPIRSMH ZEPZI 4MPSX GSRXVSP WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI 4EVOMRK FVEOI WSPIRSMH ZEPZI
*VSQ XLI L]HVS EGGYQYPEXSV 8ERO GSRRIGXMSR 8S XLI TMPSX GSRXVSP YRMX
8LI WSPIRSMH ZEPZIW EVI QSYRXIH SR XLI PIJX MR XLI VIEV WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI TMPSX GSRXVSP WSPIRSMH ZEPZI MW E [E] ZEPZI 8LI TMPSX GSRXVSP WSPIRSMH ZEPZI QEOIW MX TSWWMFPI XS FPSGO XLI [SVOMRK L]HVEYPMGW JSV I\EQTPI [LIR HVMZMRK SR VSEHW SV HYVMRK QEMRXIRERGI [SVO 8LI TMPSX GSRXVSP YRMX MW HITVIWWYVMWIH ERH XLI STIVEXMSR SJ XLI [SVOMRK L]HVEYPMGW XLYW PSGOIH
4MPSX GSRXVSP WSPIRSMH ZEPZI ;LIR XLI TMPSX GSRXVSP WSPIRSMH ZEPZI MW RSX IRIVKMWIH GSRRIGXMSR & XS XLI XERO GSRRIGXMSR MW STIR 8LI TMPSX GSRXVSP YRMX MW HITVIWWYVMWIH ERH XLI STIVEXMSR SJ XLI [SVOMRK EXXEGLQIRX XLYW PSGOIH
,]HVEYPMG TPER [MXL TMPSX GSRXVSP WSPIRSMH ZEPZI 4MPSX GSRXVSP YRMX 4MPSX GSRXVSP WSPIRSMH ZEPZI
0 0
0-)&,)66
4MPSX GSRXVSP L]HVS EGGYQYPEXSV 'LIGO ZEPZI
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
;LIR XLI TMPSX GSRXVSP WSPIRSMH ZEPZI MW IRIVKMWIH GSRRIGXMSR 4 MW GSRRIGXIH XS GSRRIGXMSR & 3MP MW TYQTIH JVSQ XLI TMPSX GSRXVSP L]HVS EGGYQYPEXSV XS XLI TMPSX GSRXVSP YRMX ERH XLI STIVEXMSR SJ XLI [SVOMRK EXXEGLQIRX XLYW PSGOIH
8IGLRMGEP HEXE 2EQI
:EPYI
'YVVIRX GSRWYQTXMSR 6IWMWXERGI
SJ
0-)&,)66
9RMXW % 3LQ
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
4MPSX GSRXVSP WSPIRSMH ZEPZI -( 0E]SYX
4MPSX GSRXVSP WSPIRSMH ZEPZI
4MPSX GSRXVSP L]HVS EGGYQYPEXSV 7SPIRSMH ZEPZI FPSGO 4EVOMRK FVEOI WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI
4MPSX GSRXVSP WSPIRSMH ZEPZI *VSQ XLI VITPIRMWLMRK TYQT 8ERO GSRRIGXMSR 8S XLI TMPSX GSRXVSP YRMX
8LI WSPIRSMH ZEPZI FPSGO MW QSYRXIH SR XLI PIJX MR XLI VIEV WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI TMPSX GSRXVSP WSPIRSMH ZEPZI MW E [E] ZEPZI 8LI TMPSX GSRXVSP WSPIRSMH ZEPZI QEOIW MX TSWWMFPI XS FPSGO XLI [SVOMRK L]HVEYPMGW JSV I\EQTPI [LIR HVMZMRK SR VSEHW SV HYVMRK QEMRXIRERGI [SVO 8LI TMPSX GSRXVSP YRMX MW HITVIWWYVMWIH ERH XLI STIVEXMSR SJ XLI [SVOMRK L]HVEYPMGW XLYW PSGOIH
4MPSX GSRXVSP WSPIRSMH ZEPZI ;LIR XLI TMPSX GSRXVSP WSPIRSMH ZEPZI MW RSX IRIVKMWIH GSRRIGXMSR & XS XLI XERO GSRRIGXMSR MW STIR 8LI TMPSX GSRXVSP YRMX MW HITVIWWYVMWIH ERH XLI STIVEXMSR SJ XLI [SVOMRK EXXEGLQIRX XLYW PSGOIH
,]HVEYPMG TPER [MXL TMPSX GSRXVSP WSPIRSMH ZEPZI 4MPSX GSRXVSP YRMX 4MPSX GSRXVSP WSPIRSMH ZEPZI
0 0
0-)&,)66
4MPSX GSRXVSP L]HVS EGGYQYPEXSV 'LIGO ZEPZI
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
;LIR XLI TMPSX GSRXVSP WSPIRSMH ZEPZI MW IRIVKMWIH GSRRIGXMSR 4 MW GSRRIGXIH XS GSRRIGXMSR & 3MP MW TYQTIH JVSQ XLI TMPSX GSRXVSP L]HVS EGGYQYPEXSV XS XLI TMPSX GSRXVSP YRMX ERH XLI STIVEXMSR SJ XLI [SVOMRK EXXEGLQIRX XLYW PSGOIH
8IGLRMGEP HEXE 2EQI
:EPYI
'YVVIRX GSRWYQTXMSR 6IWMWXERGI
SJ
0-)&,)66
9RMXW % 3LQ
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 4MPSX GSRXVSP
4MPSX GSRXVSP L]HVS EGGYQYPEXSV -( 0E]SYX
'SQTSRIRXW SJ XLI L]HVS EGGYQYPEXSV 4PYK 1IQFVERI
'PSWMRK FYXXSR %GGYQYPEXSV
% QIQFVERI WXVIXGLIH MR XLI EGGYQYPEXSV EGXW EW ER IPEWXMG HMZMHMRK [EPP FI[XIIR XLI L]HVEYPMG JPYMH ERH XLI RMXVSKIR 8LI GPSWMRK FYXXSR TVIZIRXW XLI QIQFVERI JVSQ FIMRK TVIWWIH MRXS XLI MRXEOI STIRMRK [LIR XLI L]HVS EGGYQYPEXSV MW GSQTPIXIP] IQTX] 8LI TPYK TIVQMXW XLI TVIW WYVI SJ XLI GSRXIRXW XS FI GLIGOIH ERH XLI EGGYQYPEXSV XS FI VIJMPPIH YWMRK XLI JMPPMRK ERH GLIGOMRK HIZMGI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI TYVTSWI SJ XLI L]HVS EGGYQYPEXSV MW XS WXSVI L]HVEYPMG IRIVK] ERH VIPIEWI MX EW RIIHIH 8LIVI EVI ZEVMSYW WTIGMJMG EVIEW SJ ETTPMGEXMSR z %W ER EXXIRYEXSV XS WQSSXL SJJ TVIWWYVI TIEOW JSV I\EQTPI MR XLI VMHI GSRXVSP SV XLI WXIIVMRK HEQTIV z %W ER IRIVK] EGGYQYPEXSV XS VIPIEWI IRIVK] EW RIIHIH JSV I\EQTPI MR XLI FVEOI W]WXIQ
0EF 0EF
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
4MPSX GSRXVSP
7XSVMRK TVIWWYVI JSV XLI TMPSX GSRXVSP
,]HVEYPMG TPER [MXL TMPSX GSRXVSP L]HVS EGGYQYPEXSV 8LI L]HVS EGGYQYPEXSV TIVQMXW STIVEXMSR SJ XLI [SVOMRK L]HVEYPMGW IZIR [LIR XLI HMIWIP IRKMRI MW RSX VYRRMRK -R XLMW GEWI SRP] XLI PS[IVMRK SJ XLI PMJX EVQ SV XLI XMPXMRK SYX SJ XLI [SVOMRK EXXEGLQIRX EVI TSWWMFPI 4VIWW ERH LSPH HS[R XLI [SVOMRK L]HVEYPMGW PSGOSYX W[MXGL ERH EX XLI WEQI QSZI XLI GSRXVSP PIZIV MR XLI ETTVSTVMEXI HMVIGXMSR
8IGLRMGEP HEXE 2EQI
:EPYI
,]HVS EGGYQYPEXSV ZSPYQI 4VIPSEH TVIWWYVI RMXVSKIR JMPPMRK
SJ
0-)&,)66
9RMXW
GQ
FEV
0EF 0EF
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 0MJX G]PMRHIV ERH XMPX G]PMRHIV
0MJX G]PMRHIV ERH XMPX G]PMRHIV
0MJX G]PMRHIV >FEV OMRIQEXMGW -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI PMJX G]PMRHIV 6SHIRH G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK
']PMRHIV XYFI 4MWXSR VSH
4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHIRH G]PMRHIV FIEVMRK MW WLETIH PMOI E JSVO 8LI FSXXSQ G]PMRHIV FIEVMRK MW MR XLI JSVQ SJ E FVEGOIX [MXL E FIEVMRK FYWLMRK 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI TMWXSR ERH TMWXSR VSH FIEVMRK EVI JMXXIH [MXL 3VMRKW ERH KP]H VMQWIEP ERH WXITWIEP WIEPMRK VMRKW 8LI 3VMRKW EVI JMXXIH [MXL WYTTSVX VMRKW
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
0JVSQ 0JVSQ
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRKW SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
0MJX G]PMRHIV ERH XMPX G]PMRHIV
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 8LI 3VMRKW ERH +P]H 6MQWIEP ERH 7XITWIEP WIEPMRK VMRKW WIEP XLI TVIW WYVI GLEQFIVW MRWMHI ERH SYX
8IGLRMGEP HEXE :EPMH JSV
0 0 2EQI
:EPYI
4MWXSR HMEQIXIV
9RMXW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
1EWW
OK
0MJXMRK XMQI EX RSQMREP PSEH
WIGW
0S[IVMRK XMQI YRPSEHIH
WIGW
8IGLRMGEP HEXE :EPMH JSV
0 2EQI
:EPYI
4MWXSR HMEQIXIV
SJ
9RMXW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
1EWW
OK
0MJXMRK XMQI EX RSQMREP PSEH
WIGW
0S[IVMRK XMQI YRPSEHIH
WIGW
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 0MJX G]PMRHIV ERH XMPX G]PMRHIV
0MJX G]PMRHIV 4FEV OMRIQEXMGW -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI PMJX G]PMRHIV 6SHIRH G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK
']PMRHIV XYFI 4MWXSR VSH
4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHIRH G]PMRHIV FIEVMRK MW WLETIH PMOI E JSVO 8LI FSXXSQ G]PMRHIV FIEVMRK MW MR XLI JSVQ SJ E FVEGOIX [MXL E FIEVMRK FYWLMRK 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI TMWXSR ERH TMWXSR VSH FIEVMRK EVI JMXXIH [MXL 3VMRKW ERH KP]H VMQWIEP ERH WXITWIEP WIEPMRK VMRKW 8LI 3VMRKW EVI JMXXIH [MXL WYTTSVX VMRKW
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
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRKW SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 8LI 3VMRKW ERH +P]H 6MQWIEP ERH 7XITWIEP WIEPMRK VMRKW WIEP XLI TVIW WYVI GLEQFIVW MRWMHI ERH SYX
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
0MJX G]PMRHIV ERH XMPX G]PMRHIV
8IGLRMGEP HEXE 2EQI
:EPYI
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
QQ
1MR MRWXEPPEXMSR PIRKXL
9RMXW
1EWW
OK
0MJXMRK XMQI EX RSQMREP PSEH
WIGW
0S[IVMRK XMQI YRPSEHIH
WIGW
8MPX G]PMRHIV >FEV OMRIQEXMGW -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI XMPX G]PMRHIV 6SHIRH G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK
']PMRHIV XYFI 4MWXSR VSH
4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHIRH G]PMRHIV FIEVMRK MW WLETIH PMOI E FVEGOIX 8LI FSXXSQ G]PMRHIV FIEVMRK MW MR XLI JSVQ SJ E FVEGOIX [MXL E W[MZIP FIEVMRK 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI TMWXSR ERH TMWXSR VSH FIEVMRK EVI JMXXIH [MXL 3VMRKW ERH KP]H VMQWIEP ERH WXITWIEP WIEPMRK VMRKW 8LI 3VMRKW EVI JMXXIH [MXL WYTTSVX VMRKW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 0MJX G]PMRHIV ERH XMPX G]PMRHIV
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
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRKW SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 8LI 3VMRKW ERH +P]H 6MQWIEP ERH 7XITWIEP WIEPMRK VMRKW WIEP XLI TVIW WYVI GLEQFIVW MRWMHI ERH SYX
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
4MWXSR HMEQIXIV
9RMXW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
1EWW
OK
8MPXMRK SYX XMQI EX RSQMREP PSEH
WIGW
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
4MWXSR HMEQIXIV
0JVSQ 0JVSQ
9RMXW
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
1EWW
OK
8MPXMRK SYX XMQI EX RSQMREP PSEH
WIGW
8MPXMRK MR XMQI EX RSQMREP PSEH
WIGW
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
0MJX G]PMRHIV ERH XMPX G]PMRHIV
8MPX G]PMRHIV 4OMRIQEXMGW -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI XMPX G]PMRHIV 6SHIRH G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK
']PMRHIV XYFI 4MWXSR VSH
4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHIRH G]PMRHIV FIEVMRK MW WLETIH PMOI E FVEGOIX 8LI FSXXSQ G]PMRHIV FIEVMRK MW MR XLI JSVQ SJ E FVEGOIX [MXL E FIEVMRK FYWLMRK 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI TMWXSR ERH TMWXSR VSH FIEVMRK EVI JMXXIH [MXL 3VMRKW ERH KP]H VMQWIEP ERH WXITWIEP WIEPMRK VMRKW 8LI 3VMRKW EVI JMXXIH [MXL WYTTSVX VMRKW
*YRGXMSR HIWGVMTXMSR )\XIRHMRK ERH VIXVEGXMRK 8LI L]HVEYPMG G]PMRHIV MW E HSYFPIEGXMSR G]PMRHIV [MXL E TMWXSR VSH EX SRI IRH 8LI QE\MQYQ JSVGIW MR XLI G]PMRHIV HITIRH SR XLI QE\MQYQ STIVEXMRK TVIWWYVI ERH XLI EGXMZI WYVJEGIW ;LIR I\XIRHMRK XLI TMWXSR JEGI MW EGXMZI [LIR VIXVEGXMRK XLI WQEPPIV VMRK JEGI MW EGXMZI 8LMW QIERW XLI JSVGI [LIR I\XIRHMRK MW KVIEXIV XLER [LIR VIXVEGXMRK 8LI TMWXSR WTIIH MW MRZIVWIP] TVSTSVXMSREP XS XLI JSVGI 8LI WTIIH MW LMKLIV [LIR VIXVEGXMRK XLER [LIR I\XIRHMRK
SJ
4MWXSR VSH KYMHI
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRKW SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 8LI 3VMRKW ERH +P]H 6MQWIEP ERH 7XITWIEP WIEPMRK VMRKW WIEP XLI TVIW WYVI GLEQFIVW MRWMHI ERH SYX
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW 0MJX G]PMRHIV ERH XMPX G]PMRHIV
8IGLRMGEP HEXE 2EQI
:EPYI
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
QQ
1MR MRWXEPPEXMSR PIRKXL
0JVSQ 0JVSQ
9RMXW
1EWW
OK
8MPXMRK SYX XMQI EX RSQMREP PSEH
WIGW
0-)&,)66
SJ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
,]HVEYPMG XERO -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI L]HVEYPMG XERO
6IXYVR WYGXMSR JMPXIV &PIIHIV JMPXIV 6IXYVR WXVEMRIV 'SPPIGXSV TMTI
3MP PIZIP WMKLX KPEWW 7XIIP GSRXEMRIV *M\MRK FVEGOIXW
8LI L]HVEYPMG XERO MW QSYRXIH SR XLI VIEV WIGXMSR 8LI JM\MRK FVEGOIXW JSV XLI I\LEYWX W]WXIQ ERH JSV XLI GSSPMRK W]WXIQ EVI MRXIKVEXIH SR XLI WXIIP WIGXMSR SJ XLI L]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI L]HVEYPMG XERO GSRXEMRW XLI L]HVEYPMG SMP VIUYMVIH F] XLI L]HVEYPMG W]WXIQ -X WYTTPMIW XLI XVEZIP L]HVEYPMGW XLI [SVOMRK L]HVEYPMGW WXIIVMRK W]WXIQ ERH TEVOMRK FVEOI [MXL L]HVEYPMG SMP
6IXYVR WYGXMSR JMPXIV 8LI VIXYVR WYGXMSR JMPXIV GPIERW XLI SMP EW MX JPS[W FEGO JVSQ XLI [SVOMRK L]HVEYPMGW 8LI SMP JPS[W JVSQ XLI MRWMHI SYX[EVHW XLVSYKL XLI JMPXIV 8LI JMPXIV EGXW WMQYPXERISYWP] EW E WYGXMSR JMPXIV JSV XLI VITPIRMWLMRK TYQT SJ XLI L]HVSWXEXMG XVEZIP HVMZI % QEKRIXMG VSH MW JMXXIH SR XLI GSZIV SJ XLI VIXYVR WYGXMSR JMPXIV 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w6IXYVR WYGXMSR JMPXIVx GLETXIV
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
6IXYVR WXVEMRIV 8LI VIXYVR WXVEMRIV JMPXIVW WSQI SJ XLI SMP VIXYVRMRK JVSQ XLI L]HVEYPMG W]WXIQ 8LI JMPXIVIH SMP XLIR JPS[W FEGO XS XLI L]HVEYPMG XERO 8LI FPIIHIV JMPXIV MW WGVI[IH XS XLI VIXYVR WYGXMSR JMPXIV LSYWMRK 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w6IXYVR WYGXMSR JMPXIVx GLETXIV
&PIIHIV JMPXIV %R I\GLERKI SJ EMV [MXL XLI SYXWMHI EXQSWLTLIVI MW VIUYMVIH MR SVHIV XS TVIZIRX I\GIWWMZI TVIWWYVI GLERKIW MRWMHI XLI L]HVEYPMG XERO 8S TVIZIRX SMP GSRXEQMREXMSR XLI EMV HVE[R MR JVSQ SYXWMHI MW TEWWIH XLVSYKL E JMRI JMPXIV 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w&PIIHIV JMPXIVx GLETXIV
'SPPIGXSV TMTI 8LI GSPPIGXSV TMTI HMVIGXW XLI SMP VIXYVRMRK JVSQ XLI ZEVMSYW GSRWYQIV YRMXW XS XLI VIXYVR WXVEMRIV 8LI JMPXIVIH SMP XLIR JPS[W MRXS XLI L]HVEYPMG XERO 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w'SPPIGXSV TMTIx GLETXIV
8IGLRMGEP HEXE 2EQI
SJ
:EPYI
,]HVEYPMG XERO
7XIIP GSRXEMRIV
*MPPMRK UYERXMX]
0-)&,)66
9RMXW
P
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
6IXYVR WYGXMSR JMPXIV -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI VIXYVR WYGXMSR JMPXIV 'SZIV [MXL QEKRIXMG VSH *MPXIV LSYWMRK
*MPXIV GEWMRK *MPXIV IPIQIRX
8LI VIXYVR WYGXMSR JMPXIV MW MRXIKVEXIH MR XLI L]HVEYPMG XERO 8LI WIEPMRK [MXL XLI WXIIP GSRXEMRIV MW F] QIERW SJ ER 3VMRK
0 0
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
'SQTSRIRXW SJ XLI VIXYVR WYGXMSR JMPXIV
SJ
*MPXIV LSYWMRK 'SZIV 3VMRK 4VIWWYVI WTVMRK 3MP VIXYVR JPS[ GSRRIGXMSR 3VMRK ,]HVEYPMG XERO 1EKRIXMG VSH *MPXIV GEWMRK 1ERMJSPH
0-)&,)66
7EJIX] WXVEMRIV *MPXIV IPIQIRX &]TEWW ZEPZI 7YGXMSR XYFI 6ITPIRMWLMRK TYQT MRPIX GSRRIGXMSR 6IXYVR JPS[ F]TEWW ZEPZI 6IXYVR JPS[ TVIXIRWMSR ZEPZI 4VIXIRWMSR ZEPZI
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
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
4VIWWYVI TVIPSEHMRK SR XLI WYGXMSR WMHI 8LI TVIXIRWMSR ZEPZI TVIPSEHW XLI MRXEOI WMHI SJ XLI VITPIRMWLMRK TYQT [MXL E TVIWWYVI SJ FEV 8LI VIQEMRMRK UYERXMX] MW HMVIGXIH ZME XLI TVIXIRWMSR ZEPZI MRXS XLI L]HVEYPMG XERO 8LI VITPIRMWLMRK TYQT MW FIXXIV EFPI XS HVE[ YT XLI SMP JSV GSPHWXEVXW 8LMW QIERW XLI TVIWWYVI MR XLI L]HVSWXEX GSRXVSP GMVGYMX MRGVIEWIW QSVI UYMGOP] ERH E FIXXIV HVMZI TIVJSVQERGI MW EGLMIZIH
4VIWWYVI VIPMIJ F] XLI F]TEWW ZEPZI 8LI F]TEWW ZEPZI TVIZIRXW I\GIWW TVIWWYVI MR XLI VIXYVR JPS[ W]WXIQ -J E GIVXEMR I\GIWW TVIWWYVI MW VIEGLIH XLI F]TEWW ZEPZI STIRW 8LI SMP RS[ JPS[W XLVSYKL XLI VIXYVR WXVEMRIV XLI F]TEWW ZEPZI ERH XLI GSRRIGXMSR MRXS XLI L]HVEYPMG XERO )\GIWW TVIWWYVI GER EVMWI MJ XLI JMPXIV IPIQIRX MW HMVX] SV XLI ZMWGSWMX] SJ XLI SMP MW PS[
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
0 0
9RMXW
76 0
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
2EQI
SJ
:EPYI
9RMXW
*MPXVEXMSR KVEHI
Q
4VIXIRWMSR ZEPZI
FEV
&]TEWW ZEPZI
FEV
0-)&,)66
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
6IXYVR WYGXMSR JMPXIV -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI VIXYVR WYGXMSR JMPXIV 'SZIV [MXL QEKRIXMG VSH *MPXIV LSYWMRK
*MPXIV GEWMRK *MPXIV IPIQIRX
8LI VIXYVR WYGXMSR JMPXIV MW MRXIKVEXIH MR XLI L]HVEYPMG XERO 8LI WIEPMRK [MXL XLI WXIIP GSRXEMRIV MW F] QIERW SJ ER 3VMRK
0 0
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
'SQTSRIRXW SJ XLI VIXYVR WYGXMSR JMPXIV
SJ
*MPXIV LSYWMRK 'SZIV 3VMRK 4VIWWYVI WTVMRK 3MP VIXYVR JPS[ GSRRIGXMSR 3VMRK ,]HVEYPMG XERO 1EKRIXMG VSH *MPXIV GEWMRK 1ERMJSPH
0-)&,)66
7EJIX] WXVEMRIV *MPXIV IPIQIRX &]TEWW ZEPZI 7YGXMSR XYFI 6ITPIRMWLMRK TYQT MRPIX GSRRIGXMSR 6ITPIRMWLMRK WXVEMRIV [MXL VI TPIRMWLMRK ZEPZI 6IXYVR JPS[ TVIXIRWMSR ZEPZI 4VIXIRWMSR ZEPZI
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI JMPXIV EGXW EW E VIXYVR WYGXMSR JMPXIV ERH VITPIRMWLMRK JMPXIV JSV XLI L]HVSWXEXMG XVEZIP HVMZI W]WXIQ VITPIRMWLMRK TYQT 8LI SMP VIXYVRMRK JVSQ XLI [SVOMRKR L]HVEYPMGW JPS[W XLVSYKL XLI GSRRIGXMSR XS XLI JMPXIV IPIQIRX 8LI SMP JPS[W JVSQ XLI MRWMHI SYX[EVHW XLVSYKL XLI JMPXIV ERH MW GPIERIH MR XLI TVSGIWW 8LI QEKRIXMG VSH EXXVEGXW PEVKIV QIXEP TEVXMGPIW JVSQ XLI SMP JPS[MRK TEWX 8LMW JYVXLIV MRGVIEWIW XLI PMJIXMQI SJ XLI JMPXIV 8LI SYXWMHI SJ XLI JMPXIV MW GSRRIGXIH XS XLI MRXEOI GSRRIGXMSR SJ XLI VITPIRMWLMRK TYQT 1SVI SMP JPS[W JVSQ XLI [SVOMRK L]HVEYPMGW XS XLI VIXYVR WYGXMSR JMPXIV XLER MW HVE[R MR F] XLI VITPIRMWLMRK TYQT 8LI I\GIWW JYIP JPS[W XLVSYKL XLI TVIXIRWMSR ZEPZI MRXS XLI XERO
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
0 0
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
4VIWWYVI VIPMIJ F] XLI F]TEWW ZEPZI 8LI F]TEWW ZEPZI TVIZIRXW I\GIWW TVIWWYVI MR XLI VIXYVR JPS[ W]WXIQ -J E GIVXEMR I\GIWW TVIWWYVI MW VIEGLIH XLI F]TEWW ZEPZI STIRW 8LI SMP RS[ JPS[W XLVSYKL XLI WEJIX] WXVEMRIV XLI F]TEWW ZEPZI ERH XLI TVIXIRWMSR ZEPZI MRXS XLI L]HVEYPMG XERO 8LI WEJIX] WXVEMRIV GEXGLIW HMVX TEVXMGPIW MR XLI JMPXIV 8LMW TVIZIRXW GSRXEQMREXMSR SJ XLI L]HVEYPMG XERO )\GIWW TVIWWYVI GER EVMWI MJ XLI JMPXIV IPIQIRX MW HMVX] SV XLI ZMWGSWMX] SJ XLI SMP MW PS[
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
SJ
9RMXW
76 0
*MPXVEXMSR KVEHI
Q
4VIXIRWMSR ZEPZI
FEV
6ITPIRMWLMRK ZEPZI
FEV
6ITPIRMWLMRK WXVEMRIV
Q
&]TEWW ZEPZI
FEV
0-)&,)66
0 0
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
6IXYVR WXVEMRIV -( 0E]SYX
'SQTSRIRXW SJ XLI VIXYVR WXVEMRIV
*PEX WIEP 7RET VMRK ,SYWMRK 3VMRK
'SZIV &PIIHIV JMPXIV 7XVEMRIV MRWIVX
8LI VIXYVR WXVEMRIV MW MRXIKVEXIH MR XLI L]HVEYPMG XERO %R JPEX WIEP MW JMXXIH FIX[IIR XLI VIXYVR WXVEMRIV ERH XLI WXIIP GSRXEMRIV XS WIVZI EW E WIEPMRK
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI L]HVEYPMG SMP MW TYQTIH XLVSYKL XLI GSPPIGXSV TMTI XS XLI VIXYVR WXVEMRIV 8LI VIXYVR WXVEMRIV JMPXIVW E TEVX SJ XLI VIXYVRMRK SMP SJ XLI IRXMVI L]HVEYPMG W]WXIQ 8LI JMPXIVIH SMP XLIR JPS[W FEGO XS XLI L]HVEYPMG XERO ,]HVEYPMG SMP MW XSTTIH YT ZME XLI VIXYVR WXVEMRIV 8LI FPIIHIV JMPXIV MW EXXEGLIH XS XLI VIXYVR WYGXMSR JMPXIV LSYWMRK
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7/
*MPXVEXMSR KVEHI
9RMXW
Q
&PIIHIV JMPXIV -( 0E]SYX 8LI FPIIHIV JMPXIV GSRWMWXW SJ E WXEVJSVQ JSPHIH JMPXIV IPIQIRX QSYRXIH MR ER SMPVIWMWXERX RSRGSVVSHMRK TPEWXMG LSYWMRK 8LI FPIIHIV JMPXIV MW WGVI[IH SR XS XLI VIXYVR WXVEMRIV % JPEX WIEP WIEPW XLI FVIEXLIV JMPXIV XS XLI VIXYVR WXVEMRIV LSWMRK
SJ
,SYWMRK 3VMRK 4VIWWYVI WTVMRK -RPIX ZEPZI %MV MRPIX STIRMRK
0-)&,)66
3VMRK 3YXPIX ZEPZI 4VIWWYVI WTVMRK *MRI JMPXIV ,SYWMRK GSZIV
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR *YRGXMSR %R I\GLERKI SJ EMV [MXL XLI SYXWMHI EXQSWLTLIVI MW VIUYMVIH MR SVHIV XS TVIZIRX I\GIWWMZI TVIWWYVI GLERKIW MRWMHI XLI L]HVEYPMG XERO 8S TVIZIRX SMP GSRXEQMREXMSR XLI EMV HVE[R MR JVSQ SYXWMHI MW TEWWIH XLVSYKL XLI JMRI JMPXIV 8LI WTVMRKPSEHIH SYXPIX ZEPZI ERH MRPIX ZEPZI VIHYGI XLI I\GLERKI SJ EMV 8LMW QMRMQMWIW ER] SMP GSRXEQMREXMSR ERH MRGVIEWIW XLI PMJIXMQI SJ XLI JMRI JMPXIV IPIQIRX
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
0
*MPXVEXMSR KVEHI
9RMXW
Q
-RPIX STIRMRK TVIWWYVI
FEV
3YXPIX STIRMRK TVIWWYVI
FEV
'SPPIGXSV TMTI -( 0E]SYX
'SQTSRIRXW SJ XLI GSPPIGXSV TMTI 8LI GSPPIGXSV TMTI MW JMXXIH XS XLI VIXYVR WXVEMRIV 8LI GSPPIGXSV TMTI MW MRXIKVEXIH MR XLI F]TEWW ZEPZI
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR *YRGXMSR
'SRRIGXMSRW SR XLI GSPPIGXSV TMTI
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
8IGLRMGEP HEXE 2EQI
:EPYI
&]TEWW ZEPZI
9RMXW FEV
,]HVEYPMG SMP XIQTIVEXYVI W[MXGL -( 0E]SYX
'SQTSRIRXW SJ XLI XIQTIVEXYVI W[MXGL 'SRRIGXMSR GSRXEGX 7[MXGL LSYWMRK 7[MXGL GSRXEGXW
8VERWJIV TMWXSR 1IQFVERIW ,IEXI\TERHMRK QEXIVMEP
8LI L]HVEYPMG SMP XIQTIVEXYVI JMPXIV MW MRWXEPPIH MR XLI WYGXMSR PMRI SJ XLI VITPIRMWLMRK TYQT
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG XERO
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8IQTIVEXYVI W[MXGLIW EVI YWIH XS W[MXGL ER IPIGXVMGEP GMVGYMX SR ERH SJJ 8LI XIQTIVEXYVI SJ XLI TYQTIH JPYMH EGXW SR XLI LIEXI\TERHMRK QEXIVMEP ZME E QIQFVERI EKEMRWX ER EHNYWXEFPI WTVMRK ;LIR E GIVXEMR XIQTIVE XYVI MW VIEGLIH XLI LIEXI\TERHMRK QEXIVMEP TVIWWIW EKEMRWX XLI QIQ FVERI XLI XVERWJIV TMWXSR ERH XLI W[MXGL PIZIV 8LI IPIGXVSRMG W[MXGL GSRXEGXW EVI GPSWIH ERH XLI GMVGYMX MW EGXMZEXIH 8LI XIQTIVEXYVI W[MXGL MW ER 23 X]TI W[MXGL
,]HVEYPMG SMP SZIVLIEX [EVRMRK JYRGXMSR 8LI XIQTIVEXYVI W[MXGL XVMKKIVW E [EVRMRK WMKREP MJ E GIVXEMR L]HVEYPMG SMP XIQTIVEXYVI MW VIEGLIH 8LI QEGLMRI EPWS W[MXGLIW XS XVEZIP VERKI -J XLI XIQTIVEXYVI SJ XLI L]HVEYPMG SMP VMWIW EFSZI XLI W[MXGLMRK TSMRX SJ XLI XIQTIVEXYVI W[MXGL XLI IPIGXVMGEP GSRXEGXW MR XLI XIQTIVEXYVI W[MXGL EVI GPSWIH 8LMW KIRIVEXIW E RIKEXMZI WMKREP XS XLI IPIGXVSRMG GSRXVSP YRMX % ERH XLI VIPE] / 8LI HMWTPE] YRMX XLIR W[MXGLIW SR XLI FY^^IV ERH XLI L]HVEYPMG SMP SZIVLIEX W]QFSP JMIPH -R EHHMXMSR XS XLMW XLI / VIPE] W[MXGLIW XLI XVEZIP VERKI WSPIRSMH ZEPZI ERH XLI QEGLMRI HVMZIW WPS[P]
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
&ILV8LSQWSR
7[MXGL X]TI 7[MXGLMRK TSMRX 'SRRIGXMRK XLVIEH
0JVSQ 0JVSQ
9RMXW
0-)&,)66
23 W[MXGL 1 \
' QQ
SJ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG UYMGOGLERKI HIZMGI
,]HVEYPMG UYMGOGLERKI HIZMGI -( 8LI L]HVEYPMG UYMGOGLERKI HIZMGI MW MRWXEPPIH EW WXERHEVH SR QEGLMRIW [MXL 4FEV OMRIQEXMGW ERH EW ER STXMSR SR QEGLMRIW [MXL >FEV OMRIQEX MGW
0E]SYX
'SQTSRIRXW SJ XLI L]HVEYPMGUYMGO GLERKI HIZMGI 5YMGOGLERKI HIZMGI 5YMGOGLERKI HIZMGI TVIWWYVI W[MXGL 5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI
FEV GLIGO ZEPZI 8ERO GSRRIGXMSR QQ SVMJMGI :EPZI FPSGO
8LI UYMGOGLERKI HIZMGI G]PMRHIV MW MRXIKVEXIH MR XLI WXIIP JVEQI SJ XLI UYMGOGLERKI HIZMGI 8LI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI MW WMXYEXIH MR XLI JVSRX WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI L]HVEYPMG UYMGOGLERKI HIZMGI MW YWIH JSV EXXEGLMRK ERH HIXEGLMRK ZEVMSYW [SVOMRK EXXEGLQIRXW
,]HVEYPMG TPER SJ XLI UYMGOGLERKI HIZMGI 5YMGOGLERKI HIZMGI G]PMRHIV 5YMGOGLERKI HIZMGI TVIWWYVI W[MXGL 5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI
0JVSQ 0JVSQ
0-)&,)66
QQ SVMJMGI FEV GLIGO ZEPZI :EPZI FPSGO ;SVOMRK L]HVEYPMGW TYQT
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG UYMGOGLERKI HIZMGI
8LI UYMGOGLERKI HIZMGI MW WYTTPMIH [MXL SMP ZME XLI ZEPZI FPSGO F] XLI [SVOMRK L]HVEYPMGW TYQT 3MP JPS[W XLVSYKL XLI SVMJMGI XS XLI UYMGO GLERKI HIZMGI WSPIRSMH ZEPZI ERH XLI UYMGOGLERKI HIZMGI G]PMRHIV 8LI NSF SJ XLI UYMGOGLERKI HIZMGI TVIWWYVI W[MXGL MW XS QSRMXSV XLI UYMGOGLERKI HIZMGI -J E JEYPX SGGYVW SV XLI UYMGOGLERKI HIZMGI MW YRPSGOIH E [EVRMRK WMKREP WSYRHW
8LI UYMGOGLERKI HIZMGI [LIR PSGOIH ;LIR XLI HMIWIP IRKMRI MW VYRRMRK XLIVI MW E GSRWXERX TVIWWYVI SJ EVSYRH FEV EX XLI FSXXSQ WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV -J XLI WXIIVMRK SV XLI [SVOMRK L]HVEYPMGW EVI EGXMZEXIH XLI TVIWWYVI MRGVIEWIW XS E QYGL LMKLIV ZEPYI HITIRHMRK SR XLI PSEH 8LMW IRWYVIW XLEX XLI UYMGOGLERKI HIZMGI MW WEJIP] PSGOIH -J XLI TVIWWYVI EX XLI FSXXSQ WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV JEPPW FIPS[ FEV JSV I\EQTPI MJ E PMRI VYTXYVIW XLI UYMGOGLERKI HIZMGI TVIWWYVI W[MXGL STIRW MXW IPIGXVMGEP GSRXEGX % [EVRMRK WMKREP WSYRHW
6IPIEWMRK XLI UYMGOGLERKI HIZMGI ;LIR XLI UYMGO GLERKI HIZMGI MW TVIWWIH XLI UYMGOGLERKI HIZMGI WSPI RSMH ZEPZI MW IRIVKMWIH 8LI FSXXSQ WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV MW GSRRIGXIH XS XLI L]HVEYPMG XERO ZME XLI GLIGO ZEPZI 8LI VSH WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV MW GSRRIGXIH XS XLI 4 GSRRIG XMSR -J EGXYEXMSR SJ XLI [SVOMRK L]HVEYPMGW JSV I\EQTPI XMPXMRK MR XLI FYGOIX GEYWIW XLI TVIWWYVI XS MRGVIEWI XLI UYMGOGLERKI HIZMGI G]PMRHIV YRPSGOW XLI [SVOMRK EXXEGLQIRX
5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI -( 0E]SYX
5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI 5YMGOGLERKI HIZMGI TVIWWYVI W[MXGL
5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI
8LI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI MW WMXYEXIH MR XLI JVSRX WIGXMSR
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG UYMGOGLERKI HIZMGI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI MW E [E] ZEPZI 8LI UYMGOGLERKI HIZMGI MW EGXMZEXIH F] TVIWWMRK XLI UYMGOGLERKI HIZMGI W[MXGL ;LIR MX MW RSX IRIVKMWIH XLI 4 % GLERRIP ERH XLI & 8 GLERRIP EVI GSRRIGXIH
5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI
8LI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI ERH L]HVEYPMG TPER 5YMGOGLERKI HIZMGI G]PMRHIV 5YMGOGLERKI HIZMGI TVIWWYVI W[MXGL 5YMGOGLERKI HIZMGI WSPIRSMH ZEPZI
FEV GLIGO ZEPZI QQ SVMJMGI 3MP WYTTP] JVSQ ZEPZI FPSGO
;LIR MX MW RSX IRIVKMWIH XLI UYMGOGLERKI HIZMGI WSPIRSMH ZEPZI HMVIGXW SMPH XS XLI FSXXSQ WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV 8LI VSH WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV MW VIPMIZIH SJ TVIWWYVI ZME XLI WSPIRSMH ZEPZI ERH XLI GLIGO ZEPZI XS[EVHW XLI XERO 8LI UYMGOGLERKI HIZMGI MW PSGOIH ;LIR MX MW IRIVKMWIH GSRRIGXMSR 4 MW GSRRIGXIH XS GSRRIGXMSR & 8LI VSH WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV MW TVIWWYVMWIH ERH XLI FSXXSQ WMHI SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV MW GSRRIGXIH XS XLI XERO ;LIR XLI TVIWWYVI MRGVIEWIW XLI [SVOMRK EXXEGLQIRX MW YRPSGOIH
8IGLRMGEP HEXE 2EQI
:EPYI
'YVVIRX GSRWYQTXMSR 6IWMWXERGI
0JVSQ 0JVSQ
0-)&,)66
9RMXW % 3LQ
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG UYMGOGLERKI HIZMGI
5YMGOGLERKI HIZMGI TVIWWYVI W[MXGL -( 0E]SYX
'SQTSRIRXW SJ XLI TVIWWYVI W[MXGL 'SRRIGXMSR GSRXEGX %HYWXMRK WGVI[ 4VIWWYVI WTVMRK
7[MXGL GSRXEGX 1IQFVERIW ,SYWMRK
8LI UYMGOGLERKI HIZMGI TVIWWYVI W[MXGL MW MRWXEPPIH SR XLI UYMGO GLERKI HIZMGI WSPIRSMH ZEPZI MR XLI JVSRX WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI QIQFVERI TVIWWYVI W[MXGLIW EVI YWIH XS XYVR ER IPIGXVMGEP GMVGYMX SR ERH SJJ ,]HVEYPMG TVIWWYVI EGXW ZME E QIQFVERI SR ER EHNYWXEFPI WTVMRK ;LIR XLI VIUYMVIH ZEPYI MW VIEGLIH XLI IPIGXVMGEP GSRXEGX GPSWIW ERH XLI GMVGYMX MW GSQTPIXIH 8LMW QIQFVERI W[MXGL MW ER 23 X]TI W[MXGL
5YMGOGLERKI HIZMGI QSRMXSVMRK JYRGXMSR 8LI TVIWWYVI W[MXGL QSRMXSVW XLI UYMGOGLERKI HIZMGI 8LMW JYRGXMSR IR WYVIW XLEX XLI UYMGOGLERKI HIZMGI MW WEJIP] PSGOIH -J XLI TVIWWYVI EX GSRRIGXMSR % JEPPW FIPS[ FEV JSV I\EQTPI HYI XS E VYTXYVIH TMTI XLI TVIWWYVI W[MXGL STIRW MXW GSRXEGX %R EYHMFPI [EVRMRK WMKREP WSYRHW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
;SVOMRK L]HVEYPMGW ,]HVEYPMG UYMGOGLERKI HIZMGI
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI
23 W[MXGL
7[MXGLMRK TSMRX 'SRRIGXMRK XLVIEH
9RMXW
FEV
1 \
QQ
5YMGOGLERKI HIZMGI G]PMRHIV -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI UYMGOGLERKI HIZMGI G]PMRHIV 6SHIRH G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK ']PMRHIV XYFI
4MWXSR VSH 4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHIRH G]PMRHIV FIEVMRK ERH XLI FSXXSQ G]PMRHIV FIEVMRK EVI WLETIH PMOI JSVOW 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI UYMGOGLERKI HIZMGI G]PMRHIV MW MRWXEPPIH MR XLI WXIIP GSQTSRIRX SJ XLI UYMGOGLERKI HIZMGI
*YRGXMSR HIWGVMTXMSR )\XIRHMRK ERH VIXVEGXMRK 8LI L]HVEYPMG G]PMRHIV MW E HSYFPIEGXMSR G]PMRHIV [MXL E TMWXSR VSH EX SRI IRH 8LI QE\MQYQ JSVGIW MR XLI G]PMRHIV HITIRH SR XLI QE\MQYQ STIVEXMRK TVIWWYVI ERH XLI EGXMZI WYVJEGIW ;LIR I\XIRHMRK XLI TMWXSR JEGI MW EGXMZI [LIR VIXVEGXMRK XLI WQEPPIV VMRK JEGI MW EGXMZI 8LMW QIERW XLI JSVGI [LIR I\XIRHMRK MW KVIEXIV XLER [LIR VIXVEGXMRK 8LI TMWXSR WTIIH MW MRZIVWIP] TVSTSVXMSREP XS XLI JSVGI 8LI WTIIH MW LMKLIV [LIR VIXVEGXMRK XLER [LIR I\XIRHMRK
0JVSQ 0JVSQ
0-)&,)66
SJ
;SVOMRK L]HVEYPMGW
7IVZMGI QERYEP
,]HVEYPMG UYMGOGLERKI HIZMGI
4MWXSR VSH KYMHI
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRK SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 7IEPMRK VMRKW WIEP XLI TVIWWYVI GLEQFIVW MR[EVH ERH SYX[EVH
8IGLRMGEP HEXE 2EQI
SJ
:EPYI
9RMXW
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
0-)&,)66
0JVSQ 0JVSQ
7XIIVMRK W]WXIQ 'LETXIV GSRXIRXW
7XIIVMRK W]WXIQ
0JVSQ 0JVSQ
7XIIVMRK TYQT
:EPZI FPSGO -(
'SPH WXEVX WSPIRSMH ZEPZI -(
'SPH WXEVX WSPIRSMH ZEPZI -(
7IVZSWXEX -(
7XIIVMRK G]PMRHIV -(
)QIVKIRG] WXIIVMRK
)QIVKIRG] WXIIVMRK TYQT -(
)QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL -(
)QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL -(
0-)&,)66
SJ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ
0E]SYX
1EMR GSQTSRIRXW SJ XLI WXIIVMRK W]WXIQ
7XIIVMRK G]PMRHIV 7IVZSWXEX ,]HVEYPMG XERO )QIVKIRG] WXIIVMRK TYQT
;SVOMRK L]HVEYPMGW TYQT :EPZI FPSGO )QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL
)QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL
8LI QEGLMRI MW EVXMGYPEXIH [MXL EHHMXMSREP VIEV E\PI WXIIVMRK 8LI WXIIVMRK G]PMRHIV TYWLIW XLI JVSRX ERH VIEV WIGXMSR XSKIXLIV ZME XLI EVXMGYPEXIH NSMRX 8LI OMRKTMR WXIIVMRK SJ XLI VIEV E\PI MW EGXYEXIH F] GSRRIGXMRK VSHW
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
%VXMGYPEXIH WXIIVMRK [MXL VIEV E\PI WXIIVMRK *VSRX WIGXMSR 6IEV WIGXMSR 7XIIVMRK VSHW
SJ
0-)&,)66
6IEV E\PI 7XIIVMRK G]PMRHIV
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI WXIIVMRK W]WXIQ
,]HVEYPMG XERO 6IXYVR WXVEMRIV &PIIHIV JMPXIV 6IXYVR WYGXMSR JMPXIV 6ITPIRMWLMRK ZEPZI 4VIWWYVI VIXIRWMSR ZEPZI &]TEWW ZEPZI ;SVOMRK L]HVEYPMGW TYQT )QIVKIRG] WXIIVMRK TYQT )PIGXVMG QSXSV +IEV TYQT 4VIWWYVI VIPMIJ ZEPZI )QIVKIRG] WXIIVMRK TYQT GLIGO TVIWWYVI W[MXGL
0JVSQ 0JVSQ
'LIGO ZEPZI 6IWXVMGXSV GLIGO ZEPZI )QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL :EPZI FPSGO 3VMJMGI *PS[ HMZMHMRK ZEPZI *MPXIV 4VIWWYVI VIPMIJ ZEPZI %GGYQYPEXSV GLEVKI ZEPZI 3VMJMGI 3VMJMGI 'LIGO ZEPZI 3VMJMGI
0-)&,)66
*MPXIV ;SVOMRK L]HVEYPMGW GSRRIGXMSR 'SPH WXEVX WSPIRSMH ZEPZI GSRRIGXMSR 4EVOMRK FVEOI EGGYQYPEXSV GSRRIGXMSR 7IVZSWXEX 6MKLX VITPIRMWLMRK ZEPZI 0IJX VITPIRMWLMRK ZEPZI 6MKLX TVIWWYVI VIPMIJ ZEPZI 0IJX TVIWWYVI VIPMIJ ZEPZI 1IXIVMRK TYQT 7TSSP 7XIIVMRK G]PMRHIV
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
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
,]HVEYPMG XERO 8LI L]HVEYPMG XERO TVSZMHIW JMPXIVIH SMP JSV XLI WXIIVMRK W]WXIQ 8LI [SVO MRK L]HVEYPMGW TYQT HVE[W YT SMP JVSQ XLI L]HVEYPMG XERO ZME XLI GSRRIGXMSR 8LI IQIVKIRG] WXIIVMRK TYQT HVE[W YT SMP JVSQ XLI L]HVEY PMG XERO ZME XLI GSRRIGXMSR 8LI SMP VIXYVRMRK JVSQ XLI WIVZSWXEX MW TYQTIH XLVSYKL XLI GSRRIGXMSR FEGO XS XLI L]HVEYPMG XERO ZME XLI VIXYVR WXVEMRIV 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w,]HVEYPMG XEROx GLETXIV
;SVOMRK L]HVEYPMGW TYQT 8LI [SVOMRK L]HVEYPMGW TYQT TVSZMHIW XLI WXIIVMRK W]WXIQ [SVOMRK L] HVEYPMGW ERH TEVOMRK FVEOI [MXL SMP 8LI TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH HIPMZIVW MX ZME XLI ZEPZI FPSGO XS XLI WIVZSWXEX ERH XLI SXLIV GSRWYQIV YRMXW 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w;SVOMRK L]HVEYPMGW TYQTx GLETXIV
:EPZI FPSGO 8LI NSF SJ XLI ZEPZI FPSGO MW XS HMWXVMFYXI XLI SMP JPS[ JVSQ XLI [SVOMRK L]HVEYPMGW TYQT XS XLI WXIIVMRK [SVOMRK L]HVEYPMGW ERH XLI TEVOMRK FVEOI 8LI JPS[ HMZMHMRK ZEPZI JMVWX WYTTPMIW XLI WXIIVMRK W]WXIQ ERH XLI TEVOMRK FVEOI [MXL SMP 8LI PSEH WIRWMRK W]WXIQ IRWYVIW XLEX XLI WXIIVMRK W]WXIQ ERH TEVOMRK FVEOI SRP] VIGIMZI EW QYGL SMP EW XLI] EGXYEPP] RIIH 8LI VIQEMRMRK SMP JPS[W XS XLI [SVOMRK L]VEYPMGW % TVIWWYVI VIPMIJ ZEPZI MR XLI ZEPZI FPSGO PMQMXW XLI QE\MQYQ TVIWWYVI MR XLI WXIIVMRK W]WXIQ 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w:EPZI FPSGOx GLETXIV
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ
7IVZSWXEX 8LI WIVZSWXEX MW GSRRIGXIH XS XLI WXIIVMRK GSPYQR 8LI QIXIVMRK TYQT ERH XLI WTSSP MR XLI WIVZSWXEX EVI EGXYEXIH ERH XLI WXIIVMRK QSZIQIRX MRMXMEXIH ZME XLI WXIIVMRK [LIIP 8LI TVIWWYVI VIPMIJ ZEPZIW TVSXIGX XLI WXIIVMRK G]PMRHIV ERH XLI WIVZSWXEX JVSQ I\GIWWMZI TVIWWYVI TIEOW 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w7IVZSWXEXx GLETXIV
7XIIVMRK G]PMRHIV 8LI WXIIVMRK G]PMRHIV MW GSRRIGXIH XS XLI JVSRX ERH VIEV WIGXMSRW 8LI WXIIVMRK G]PMRHIV TYWLIW XLI JVSRX ERH VIEV WIGXMSR XSKIXLIV ZME XLI EVXMGY PEXIH NSMRX ;LIR WXIIVMRK XLI WXIIVMRK G]PMRHIV MW EGXYEXIH F] SMP JVSQ XLI WIVZSWXEX ;LIR WXIIVMRK XS XLI VMKLX TVIWWYVI MW ETTPMIH XS XLI XLI FSXXSQ WMHI SJ XLI WXIIVMRK G]PMRHIV ERH XS XLI VSH IRH [LIR WXIIVMRK XS XLI PIJX 8LI HMJJIVIRX TMWXSR WYVJEGIW SJ XLI WXIIVMRK G]PMRHIV QIER XLEX XLI WXIIVMRK WTIIH MW WPMKLXP] HMJJIVIRX XS XLI PIJX ERH VMKLX 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w7XIIVMRK G]PMRHIVx GLETXIV
)QIVKIRG] WXIIVMRK JYRGXMSR 8LI IQIVKIRG] WXIIVMRK JYRGXMSR IREFPIW XLI WXIIVMRK XS FI STIVEXIH MJ XLI HMIWIP IRKMRI SV [SVOMRK L]HVEYPMGW TYQT JEMP 8LI IQIVKIRG] WXIIVMRK TYQT MW EGXMZEXIH F] XLI GSRXVSP IPIGXVSRMGW 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w)QIVKIRG] WXIIVMRKx GLETXIV
)QIVKIRG] WXIIVMRK TYQT 8LI KIEV TYQT SJ XLI IQIVKIRG] WXIIVMRK TYQT MW HVMZIR F] XLI IPIGXVMG QSXSV 8LI IPIGXVMG QSXSV MW W[MXGLIH SR ZME XLI VIPE] *SV IQIVKIRG] WXIIVMRK XLI IQIVKIRG] WXIIVMRK TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH HIPMZIVW MX ZME E GLIGO ZEPZI XS XLI WIVZSWXEX 8LI TVIWWYVI VIPMIJ ZEPZI TVSXIGXW XLI TYQT JVSQ I\GIWW TVIWWYVI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w)QIVKIRG] WXIIVMRK TYQTx GLETXIV
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK TYQT
7XIIVMRK TYQT *YRGXMSR HIWGVMTXMSR 7XIIVMRK W]WXIQ SMP WYTTP] 8LI WXIIVMRK W]WXIQ MW WYTTPMIH [MXL SMP ZME XLI [SVOMRK L]HVEYPMGW TYQT 8LI JPS[ SJ SMP JVSQ XLI TYQT MW HMWXVMFYXIH EX XLI ZEPZI FPSGO EW VIUYMVIH XS XLI [SVOMRK L]HVEYPMGW WXIIVMRK W]WXIQ ERH TEVOMRK FVEOI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w;SVOMRK L]HVEYPMGW TYQTx GLETXIV
:EPZI FPSGO -( 0E]SYX
'SQTSRIRXW SJ XLI ZEPZI FPSGO
:EPZI FPSGO LSYWMRK 4VIWWYVI WTVMRK 4PYK :EPZI MRWIVX [MXL GLIGO ZEPZI 7XVEMRIV 7IEPMRK GET
:EPZI MRWIVX [MXL WXVEMRIV 4VIWWYVI VIPMIJ ZEPZI %GGYQYPEXSV GLEVKI ZEPZI 4PYK 4VMSVMX] ZEPZI
8LI ZEPZI FPSGO MW QSYRXIH SR XLI JP][LIIP LSYWMRK SJ XLI HMIWIP IRKMRI
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK TYQT
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER ERH GSRRIGXMSRW SR XLI ZEPZI FPSGO
3VMJMGI *PS[ HMZMHMRK ZEPZI *MPXIV 4VIWWYVI VIPMIJ ZEPZI %GGYQYPEXSV GLEVKI ZEPZI 3VMJMGI 3VMJMGI 'LIGO ZEPZI
3VMJMGI *MPXIV 4VIWWYVI GSRRIGXMSR JVSQ KIEV TYQT ;SVOMRK L]HVEYPMGW GSRRIGXMSR 'SPH WXEVX WSPIRSMH ZEPZI GSRRIGXMSR
6IXYVR JPS[ XS XLI L]HVEYPMG XERO 7IVZSWXEX 07 GSRRIGXMSR 4EVOMRK FVEOI EGGYQYPEXSV GSRRIGXMSR 7IVZSWXEX GSRRIGXMSR
*YRGXMSRW SJ XLI ZEPZI FPSGO z (MWXVMFYXIW SMP XS XLI WXIIVMRK W]WXIQ TEVOMRK FVEOI ERH [SVOMRK L]HVEYPMGW z 4VIWWYVI VIPMIJ JSV XLI WXIIVMRK z 'LEVKMRK XLI L]HVS EGGYQYPEXSV JSV XLI TEVOMRK FVEOI 8LI ZEPZI FPSGO TVSZMHIW E TVMSVMX] JPS[ JSV XLI WXIIVMRK W]WXIQ ERH GLEVKIW XLI L]HVS EGGYQYPEXSV JSV XLI TEVOMRK FVEOI ;LIR XLI L]HVS EGGYQYPEXSV MW JMPPIH SV XLI WXIIVMRK EGXYEXIH XLI VIQEMRMRK TYQTIH JPS[ MW EZEMPEFPI JSV XLI [SVOMRK L]HVEYPMGW -J XLI TEVOMRK FVEOI L]HVS EGGYQYPEXSV MW JYPP ERH XLI WXIIVMRK MW RSX EGXYEXIH XLIR EPP SJ XLI TYQTIH JPS[ MW EZEMPEFPI XS XLI [SVOMRK L]HVEY PMGW ;LIR XLI WXIIVMRK MW EGXYEXIH TEVX SJ XLI TYQT JPS[ MW HMVIGXIH XS XLI WXIIVMRK W]WXIQ HITIRHMRK SR XLI PSEH WIRWMRK WMKREP ERH XLI VIQEMRMRK JPS[ MW EZEMPEFPI JSV XLI [SVOMRK L]HVEYPMGW 8LI SMP JPS[ XS XLI WXIIVMRK MW PMQMXIH XS E WIX ZEPYI F] E TVIWWYVI VIPMIJ ZEPZI 8LI EGGYQQYPEXSV GLEVKI ZEPZI JMPPW XLI L]HVS EGGYQQYPEXSV SJ XLI TEVO MRK FVEOI ;LIR E GIVXEMR SMP TVIWWYVI MW VIEGLIH XLI EGGYQYPEXSV GLEVK MRK JYRGXMSR MW W[MXGLIH SJJ
(MWXVMFYXMSR SJ XLI SMP JPS[ MR XLI [SVOMRK L]HVEYPMGW TYQT 8LI TVMSVMX] ZEPZI WYTTPMIW XLI WXIIVMRK W]WXIQ ERH XLI TEVOMRK FVEOI [MXL SMP JMVWX 8LI VIQEMRMRK JPS[ SJ XLI [SVOMRK L]HVEYPMGW TYQT MW EZEMP EFPI JSV XLI [SVOMRK L]HVEYPMGW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK TYQT
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
(MIWIP IRKMRI WXEVXMRK TVSGIHYVI 8LI GSPH WXEVX WSPIRSMH ZEPZI QEOIW MX IEWMIV XS WXEVX XLI HMIWIP IRKMRI
,]HVEYPMG TPER [MXL ZEPZI FPSGO ERH GSPH WXEVX ZEPZI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW RSX IRIVKMWIH HYVMRK XLI HMIWIP IRKMRI WXEVXMRK TVSGIHYVI 8LMW VIPMIZIW XLI 07 GSRRIGXMSR ZME XLI GSPH WXEVX WSPIRSMH ZEPZI XS XLI XERO 3MP JVSQ XLI [SVOMRK L]HVEYPMGW TYQT JPS[W XLVSYKL XLI JPS[ HMZMHMRK ZEPZI ERH ETTPMIW TVIWWYVI SR XLI VMKLX WMHI SJ XLI TVIWWYVI HMZMHMRK ZEPZI 8LMW TYWLIW XLI JPS[ HMZMHMRK ZEPZI XS XLI PIJX EKEMRWX XLI WTVMRK JSVGI
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK TYQT
8LI IRXMVI SMP JPS[ SJ XLI [SVOMRK L]HVEYPMGW TYQT GER RS[ JPS[ XLVSYKL XLI )* GSRRIGXMSR XS XLI GSRXVSP ZEPZI FPSGO ERH SR XS XLI [SVOMRK L]HVEYPMGW 8LMW GEYWIW E PS[ GYVVIRX GSRWYQTXMSR MR XLI [SVOMRK L]HVEY PMGW TYQT ERH LIRGI E PS[ HVEKKMRK PSEH EX XLI HMIWIP QSXSV HYVMRK XLI WXEVXMRK TVSGIHYVI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW IRIVKMWIH EJXIV XLI HMIWIP IRKMRI WXEVXMRK TVSGIHYVI 8LI GSPH WXEVX WSPIRSMH ZEPZI GPSWIW XLI GSRRIGXMSR XS XLI L]HVEYPMG XERO 8LI FYMPHYT SJ TVIWWYVI EX XLI 07 GSRRIGXMSR ERH XLI WTVMRK JSVGI TYWL XLI JPS[ HMZMHMRK ZEPZI WPMKLXP] XS XLI VMKLX 8LMW QIERW XLI TYQT JPS[ MW EZEMPEFPI JSV GLEVKMRK XLI EGGYQYPEXSV ERH JSV XLI WXIIVMRK W]WXIQ 8LI VIQEMRMRK SMP VIXYVRMRK MW TYQTIH XLSYKL XLI )* GSRRIGXMSR XS XLI GSRXVSP ZEPZI [SVOMRK L]HVEYPMGW
4VIWWYVI VIPMIJ JSV XLI WXIIVMRK 8LI TVIWWYVI VIPMIJ ZEPZI TVSXIGXW XLI WXIIVMRK W]WXIQ JVSQ I\GIWW TVIW WYVI
7XIIVMRK W]WXIQ TVIWWYVI VIPMIJ ZEPZI ERH L]HVEYPMG TPER -J XLI TVIWWYVI MR XLI WXIIVMRK W]WXIQ VIEGLIW XLI QE\MQYQ ZEPYI XLI TVIWWYVI VIPMIJ ZEPZI STIRW 8LMW TVIWWYVI EGXW ZME XLI PIJX GLERRIP SR XLI TVMSVMX] ZEPZI 8LI WPMKLXP] LMKLIV TVIWWYVI SR XLI VMKLX WMHI SJ XLI TVMSVMX] ZEPZI TYWLIW MX XS XLI PIJX WS XLEX SRP] XLI SMP XLEX MW VIUYMVIH XS QEMRXEMR XLI QE\MQYQ TVIWWYVI JPS[W XS XLI WXIIVMRK W]WXIQ 8LI WXVEMRIV TVSXIGXW XLI TVIWWYVI VIPMIJ ZEPZI JVSQ GSRXEQMREXMSR ;LIR XLI TVIWWYVI VIPMIJ ZEPZI MW STIRIH SMP JPS[W XLVSYKL XLI GLERRIP XS XLI L]HVEYPMG XERO
*MPPMRK XLI TEVOMRK FVEOI L]HVS EGGYQYPEXSV 8LI EGGYQQYPEXSV GLEVKI ZEPZI JMPPW XLI TEVOMRK FVEOI L]HVS EGGYQ QYPEXSV XS E WIX TVIWWYVI
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK TYQT
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
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
78%'
%GGYQYPEXSV GLEVKI ZEPZI GYXMR TSMRX
FEV
%GGYQYPEXSV GLEVKI ZEPZI GYXSJJ TSMRX
FEV
7XIIVMRK TVIWWYVI VIPMIJ ZEPZI
FEV
1EWW
0JVSQ 0JVSQ
9RMXW
0-)&,)66
OK
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK TYQT
'SPH WXEVX WSPIRSMH ZEPZI -( 0E]SYX
'SPH WXEVX WSPIRSMH ZEPZI 4EVOMRK FVEOI WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI 4MPSX GSRXVSP WSPIRSMH ZEPZI
8ERO GSRRIGXMSR :EPZI FPSGO GSRRIGXMSR 4EVOMRK FVEOI TVIWWYVI W[MXGL
8LI WSPIRSMH ZEPZIW EVI QSYRXIH SR XLI PIJX MR XLI VIEV WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI GSPH WXEVX WSPIRSMH ZEPZI MW E [E] ZEPZI 8LI GSPH WXEVX WSPIRSMH ZEPZI QEOIW MX IEWMIV XS WXEVX XLI HMIWIP IRKMRI -X TVIZIRXW TVIWWYVI JVSQ FYMPHMRK YT MR XLI L]HVEYPMG W]WXIQ HYVMRK XLI WXEVXMRK TVSGIHYVI ;LMPI XLI HMIWIP IRKMRI MW FIMRK WXEVXIH XLI SMP JPS[ SJ XLI L]HVEYPMG TYQT MW W[MXGLIH XS E TVIWWYVIPIWW GMVGYMX
'SPH WXEVX WSPIRSMH ZEPZI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW RSX IRIVKMWIH HYVMRK XLI HMIWIP IRKMRI WXEVXMRK TVSGIHYVI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW SRP] EGXMZEXIH [LIR XLI HMIWIP IRKMRI MW VYRRMRK ERH XLI EPXIVREXSV ZSPXEKI JVSQ XIVQMREP MW TVIWIRX
SJ
0-)&,)66
0 0
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK TYQT
,]HVEYPMG TPER [MXL GSPH WXEVX WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI ,]HVEYPMG XERO
:EPZI FPSGO *PS[ HMZMHMRK ZEPZI
;LIR XLI GSPH WXEVX WSPIRSMH ZEPZI MW RSX IRIVKMWIH GSRRIGXMSR 4 MW GSRRIGXIH XS GSRRIGXMSR % ERH LIRGI EPWS XS XLI L]HVEYPMG XERO 8LI PIJX JEGI SJ XLI JPS[ HMZMHMRK ZEPZI MW VIPMIZIH SJ TVIWWYVI ERH XLI SMP JPS[ SJ XLI [SVOMRK L]HVEYPMGW TYQT GER JPS[ XLVSYKL XLI GSRXVSP ZEPZI FPSGO YRHIV RS TVIWWYVI ;LIR XLI GSPH WXEVX WSPIRSMH ZEPZI MW IRIVKMWIH GSRRIGXMSR 4 MW GSR RIGXIH XS GSRRIGXMSR & %X XLI WEQI XMQI TVIWWYVI GER FYMPH YT EX XLI PIJX JEGI SJ XLI JPS[ HMZMHMRK ZEPZI [LMGL QIERW XLI JPS[ HMZMHMRK ZEPZI MW VIEH] JSV STIVEXMSR 8LI WXIIVMRK W]WXIQ ERH FVEOI W]WXIQ EVI RS[ WYTTPMIH [MXL L]HVEYPMG SMP
8IGLRMGEP HEXE 2EQI
:EPYI
'YVVIRX GSRWYQTXMSR 6IWMWXERGI
0 0
0-)&,)66
9RMXW % 3LQ
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK TYQT
'SPH WXEVX WSPIRSMH ZEPZI -( 0E]SYX
'SPH WXEVX WSPIRSMH ZEPZI 4EVOMRK FVEOI WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI 4MPSX GSRXVSP WSPIRSMH ZEPZI
:EPZI FPSGO GSRRIGXMSR 8ERO GSRRIGXMSR 7SPIRSMH ZEPZI FPSGO
8LI WSPIRSMH ZEPZI FPSGO MW QSYRXIH SR XLI PIJX MR XLI VIEV WIGXMSR
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI GSPH WXEVX WSPIRSMH ZEPZI MW E [E] ZEPZI 8LI GSPH WXEVX WSPIRSMH ZEPZI QEOIW MX IEWMIV XS WXEVX XLI HMIWIP IRKMRI -X TVIZIRXW TVIWWYVI JVSQ FYMPHMRK YT MR XLI L]HVEYPMG W]WXIQ HYVMRK XLI WXEVXMRK TVSGIHYVI ;LMPI XLI HMIWIP IRKMRI MW FIMRK WXEVXIH XLI SMP JPS[ SJ XLI L]HVEYPMG TYQT MW W[MXGLIH XS E TVIWWYVIPIWW GMVGYMX
'SPH WXEVX WSPIRSMH ZEPZI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW RSX IRIVKMWIH HYVMRK XLI HMIWIP IRKMRI WXEVXMRK TVSGIHYVI 8LI GSPH WXEVX WSPIRSMH ZEPZI MW SRP] EGXMZEXIH [LIR XLI HMIWIP IRKMRI MW VYRRMRK ERH XLI EPXIVREXSV ZSPXEKI JVSQ XIVQMREP MW TVIWIRX
SJ
0-)&,)66
0 0
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK TYQT
,]HVEYPMG TPER [MXL GSPH WXEVX WSPIRSMH ZEPZI 'SPH WXEVX WSPIRSMH ZEPZI ,]HVEYPMG XERO
:EPZI FPSGO *PS[ HMZMHMRK ZEPZI
;LIR XLI GSPH WXEVX WSPIRSMH ZEPZI MW RSX IRIVKMWIH GSRRIGXMSR 4 MW GSRRIGXIH XS GSRRIGXMSR % ERH LIRGI EPWS XS XLI L]HVEYPMG XERO 8LI PIJX JEGI SJ XLI JPS[ HMZMHMRK ZEPZI MW VIPMIZIH SJ TVIWWYVI ERH XLI SMP JPS[ SJ XLI [SVOMRK L]HVEYPMGW TYQT GER JPS[ XLVSYKL XLI GSRXVSP ZEPZI FPSGO YRHIV RS TVIWWYVI ;LIR XLI GSPH WXEVX WSPIRSMH ZEPZI MW IRIVKMWIH GSRRIGXMSR 4 MW GSR RIGXIH XS GSRRIGXMSR & %X XLI WEQI XMQI TVIWWYVI GER FYMPH YT EX XLI PIJX JEGI SJ XLI JPS[ HMZMHMRK ZEPZI [LMGL QIERW XLI JPS[ HMZMHMRK ZEPZI MW VIEH] JSV STIVEXMSR 8LI WXIIVMRK W]WXIQ ERH FVEOI W]WXIQ EVI RS[ WYTTPMIH [MXL L]HVEYPMG SMP
8IGLRMGEP HEXE 2EQI
:EPYI
'YVVIRX GSRWYQTXMSR 6IWMWXERGI
0 0
0-)&,)66
9RMXW % 3LQ
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK TYQT
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7IVZSWXEX
7IVZSWXEX -( 0E]SYX
0IJX TVIWWYVI VIPMIJ ZEPZI 'SRXVSP WTMRHPI 6MKLX TVIWWYVI VIPMIJ ZEPZI
,SYWMRK [MXL WTSSP ZEPZI 1IXIVMRK TYQT
'SQTSRIRXW SJ XLI WIVZSWXEX
7LEJX WIEP VMRK -RXIVREP VSXEV] WPMHI ZEPZI +YMHI VMRK 2IIHPI FIEVMRK 7TVMRK ,SYWMRK )\XIVREP ZEPZI WPIIZI
(VMZIV -RXIVQIHMEXI JPERKI 3VMRK 1IXIVMRK TYQT -RXIVREP KIEV 3VMRK 'SRRIGXMRK LSYWMRK
8LI WIVZSWXEX MW MRXIKVEXIH MR XLI WXIIVMRK GSRWSPI MR XLI GEF 8LI WXIIVMRK GSPYQR MW QIWLIH [MXL XLI KIEVMRK SJ XLI MRXIVREP MRXIVREP VSXEV] WPMHI ZEPZI 8LI MRXIVREP VSXEV] WPMHI ZEPZI MR XLI WIVZSWXEX MW STIVEXIH ZME XLI WXIIVMRK [LIIP ERH WXIIVMRK GSPYQR
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7IVZSWXEX
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
0IJX VITPIRMWLMRK ZEPZI 0IJX TVIWWYVI VIPMIJ ZEPZI 6MKLX VITPIRMWLMRK ZEPZI 6MKLX TVIWWYVI VIPMIJ ZEPZI 1IXIVMRK TYQT 7TSSP
6IXYVR JPS[ XS XLI L]HVEYPMG XERO 7XIIVMRK G]PMRHIV GSRRIGXMSR 7XIIVMRK G]PMRHIV GSRRIGXMSR 3MP JVSQ ZEPZI FPSGO 0SEH WIRWMRK WMKREP
;LIR EGXMZEXIH XLI WIVZSWXEX HMVIGXW XLI SMP JVSQ XLI ZEPZI FPSGO XS XLI WXIIVMRK G]PMRHIV -X HSWIW XLI SMP UYERXMX] XS XLI WXIIVMRK G]PMRHIV TVIGMWIP] EGGSVHMRK XS XLI WXIIVMRK [LIIP WTIIH ;LIR XLI WXIIVMRK [LIIP MW EGXMZEXIH XLI TSWMXMSR SJ XLI MRXIVREP VSXEV] WPMHI ZEPZI MW XYVRIH MR VIPEXMSR XS XLI I\XIVREP ZEPZI WPIIZI 8LI ZEPZI STIRW EPPS[MRK E GSVVIWTSRHMRK EQSYRX SJ SMP XS JPS[ XLVSYKL XLI QIXIVMRK TYQT XS XLI WXIIVMRK G]PMRHIV
*PS[ HIQERH GSRXVSP PSEH WIRWMRK 8LI JPS[ HIQERH GSRXVSP PSEH WIRWMRK W]WXIQ IRWYVIW XLEX XLI ZEPZI FPSGO SRP] WYTTPMIW XLI SMP UYERXMX] GYVVIRXP] VIUYMVIH XS XLI WXIIVMRK 8LI WIVZSWXEX SJ XLI ZEPZI FPSGO VIPE]W XLI SMP VIUYMVIQIRX ZME XLI 07 GSRRIG XMSR 7XIIVMRK MR MREGXMZI GSRHMXMSR
;LIR XLI WXIIVMRK MW RSX EGXMZEXIH XLI GSRRIGXMSR 4 MR XLI WIVZSWXEX MW FPSGOIH 8LI GSRRIGXMSR 07 JSV GSRXVSPPMRK XLI JPS[ HMZMHMRK ZEPZI MW VIPMIZIH F] XLI WTSSP XS XLI XERO GSRRIGXMSR 8 8LMW TYWLIW XLI JPS[ HMZMHMRK ZEPZI XS XLI PIJX ERH EPP XLI SMP JVSQ XLI [SVOMRK L]HVEYPMGW TYQT JPS[W XS XLI GSRXVSP ZEPZI FPSGO SJ XLI [SVOMRK L]HVEYPMGW
7XIIVMRK MR MREGXMZI GSRHMXMSR 7IVZSWXEX 7TSSP :EPZI FPSGO [MXL JPS[ HMZMHMRK ZEPZI 8S XLI GSRXVSP ZEPZI FPSGO
SJ
0-)&,)66
4 07 8
;SVOMRK L]HVEYPMGW TYQT 'SRRIGXMSR 'SRRIGXMSR 8ERO GSRRIGXMSR
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7IVZSWXEX
7XIIVMRK MR EGXMZI GSRHMXMSR
;LIR XLI WXIIVMRK MW EGXYEXIH XLI WTSSP MW QSZIH 8LI GSRRIGXMSR 4 MW GSRRIGXIH XS XLI GSRRIGXMSR 07 ERH XS XLI WXIIVMRK G]PMRHIV 8LI MR GVIEWIH TVIWWYVI EX XLI GSRRIGXMSR 07 TYWLIW XLI JPS[ HMZMHMRK ZEPZI JEV IRSYKL XS XLI VMKLX XS EPPS[ WYJJMGMIRX SMP XS JPS[ XLVSYKL XLI GSRRIGXMSR 4 XS XLI WIVZSWXEX 8LI VIQEMRMRK SMP MW TYQTIH XLSYKL XLI GSRRIGXMSR XS XLI GSRXVSP ZEPZI FPSGO
7XIIVMRK MR EGXMZI GSRHMXMSR 7IVZSWXEX 7TSSP :EPZI FPSGO [MXL JPS[ HMZMHMRK ZEPZI 8S XLI GSRXVSP ZEPZI FPSGO
4 07 8
;SVOMRK L]HVEYPMGW TYQT 'SRRIGXMSR 'SRRIGXMSR 8ERO GSRRIGXMSR
4VIWWYVI VIPMIJ 8LI TVIWWYVI VIPMIJ ZEPZIW TVIZIRX I\GIWWMZI TVIWWYVI TIEOW MR XLI WXIIV MRK W]WXIQ 4VIWWYVI TIEOW GER EVMWI JVSQ WYHHIR PSEHW HYVMRK HVMZMRK QSHI (ITIRHMRK SR XLI HMVIGXMSR SJ XLI PSEH IMXLIV XLI TVIWWYVI VIPMIJ ZEPZI JSV XLI PIJX WXIIVMRK G]PMRHIV SV XLI TVIWWYVI VIPMIJ ZEPZI JSV XLI VMKLX WXIIVMRK G]PMRHIV STIRW
;LIR XLI TVIWIX TVIWWYVI MW VIEGLIH XLI ZEPZI GSRI STIRW XS[EVHW XLI TVIWWYVI WTVMRK 8LMW GEYWIW SMP XS JPS[ JVSQ XLI GSRWYQIV YRMX XS XLI XERO GSRRIGXMSR 8LI STIRMRK TVIWWYVI SJ XLI TVIWWYVI VIPMIJ ZEPZI GER FI WIX YWMRK XLI EHNYWXMRK WGVI[
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7IVZSWXEX
6ITPIRMWLMRK JYRGXMSR 8[S VITPIRMWLMRK ZEPZIW EVI MRWXEPPIH MR XLI WIVZSWXEX JSV WXIIVMRK XS XLI PIJX ERH VMKLX 8LI VITPIRMWLMRK ZEPZIW TVIZIRX E ZEGYYQ JVSQ JSVQMRK MR XLI WXIIVMRK G]PMRHIV YRHIV GIVXEMR STIVEXMRK GSRHMXMSRW 3MP JPS[W XLVSYKL XLI GLIGO ZEPZI JVSQ XLI XERO GLERRIP XS XLI WXIIVMRK G]PMRHIV GLERRIP 8LI TMR TVIZIRXW XLI GLIGO ZEPZI QSZMRK XSS JEV JVSQ XLI ZEPZI WIEX
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
)EXSR
(MWTPEGIQIRX 7IGSRHEV] TVIWWYVI VIPMIJ
SJ
9RMXW
0-)&,)66
GQ
FEV
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ 7XIIVMRK G]PMRHIV
7XIIVMRK G]PMRHIV -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI WXIIVMRK G]PMRHIV 6SHWMHI G]PMRHIV FIEVMRK 4MWXSR VSH FIEVMRK
']PMRHIV XYFI 4MWXSR VSH
4MWXSR &SXXSQ G]PMRHIV FIEVMRK
8LI G]PMRHIV FEWI MW [IPHIH XS XLI G]PMRHIV XYFI 8LI VSHWMHI G]PMRHIV FIEVMRK MW WLETIH PMOI E FVEGOIX 8LI FSXXSQ G]PMRHIV FIEVMRK MW MR XLI JSVQ SJ E FVEGOIX [MXL E W[MZIP FIEVMRK 8LI TMWXSR VSH FIEVMRK MW WGVI[IH XS G]PMRHIV XYFI 8LI TMWXSR ERH TMWXSR VSH FIEVMRK EVI JMXXIH [MXL 3VMRKW ERH KP]H VMQWIEP ERH WXITWIEP WIEPMRK VMRKW 8LI 3VMRKW EVI JMXXIH [MXL WYTTSVX VMRKW
*YRGXMSR HIWGVMTXMSR )\XIRHMRK ERH VIXVEGXMRK 8LI L]HVEYPMG G]PMRHIV MW E HSYFPIEGXMSR G]PMRHIV [MXL E TMWXSR VSH EX SRI IRH 8LI QE\MQYQ JSVGIW MR XLI G]PMRHIV HITIRH SR XLI QE\MQYQ STIVEXMRK TVIWWYVI ERH XLI EGXMZI WYVJEGIW ;LIR I\XIRHMRK XLI TMWXSR JEGI MW EGXMZI [LIR VIXVEGXMRK XLI WQEPPIV VMRK JEGI MW EGXMZI 8LMW QIERW XLI JSVGI [LIR I\XIRHMRK MW KVIEXIV XLER [LIR VIXVEGXMRK 8LI TMWXSR WTIIH MW MRZIVWIP] TVSTSVXMSREP XS XLI JSVGI 8LI WTIIH MW LMKLIV [LIR VIXVEGXMRK XLER [LIR I\XIRHMRK 4MWXSR VSH KYMHI
8LI TMWXSR VSH MW KYMHIH F] XLI KYMHI VMRKW SR XLI TMWXSR ERH MR XLI TMWXSR VSH FIEVMRK
7IEPMRK
8LI WGVETIV VMRK MR XLI TMWXSR VSH FIEVMRK TVIZIRXW HMVX JVSQ IRXIVMRK XLI TMWXSR VSH 8LI 3VMRKW ERH +P]H 6MQWIEP ERH 7XITWIEP WIEPMRK VMRKW WIEP XLI TVIW WYVI GLEQFIVW MRWMHI ERH SYX
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
7XIIVMRK G]PMRHIV
8IGLRMGEP HEXE 2EQI
SJ
:EPYI
9RMXW
4MWXSR HMEQIXIV
QQ
6SH HMEQIXIV
QQ
7XVSOI PIRKXL
QQ
1MR MRWXEPPEXMSR PIRKXL
QQ
1EWW
OK
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ )QIVKIRG] WXIIVMRK
)QIVKIRG] WXIIVMRK 0E]SYX
1EMR GSQTSRIRXW SJ XLI IQIVKIRG] WXIIVMRK )QIVKIRG] WXIIVMRK W[MXGL )QIVKIRG] WXIIVMRK W]QFSP JMIPH 'SRXVSP IPIGXVSRMGW % )QIVKIRG] WXIIVMRK TYQT
)QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL &E )QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL & :EPZI FPSGO
8LI IQIVKIRG] WXIIVMRK TYQT MW QSYRXIH SR XLI VMKLX MR XLI VIEV WIGXMSR 8LI ZEPZI FPSGO [MXL XLI IQIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL ERH IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL MW QSYRXIH SR XLI JP][LIIP LSYWMRK SJ XLI HMIWIP IRKMRI 8LI GSRXVSP IPIGXVSRMGW EVI MR XIKVEXIH MR XLI GSRXVSP TERIP MR XLI VMKLX SJ XLI GEF
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
*YRGXMSR HMEKVEQ SJ XLI IQIVKIRG] WXIIVMRK )PIGXVMG QSXSV 1 )QIVKIRG] WXIIVMRK W]QFSP JMIPH )QIVKIRG] WXIIVMRK FYXXSR 'SRXVSP IPIGXVSRMGW % 8S XLI WIVZSWXEX
0JVSQ 0JVSQ
0-)&,)66
'SPH WXEVX WSPIRSMH ZEPZI GSRRIGXMSR :EPZI FPSGO )QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL & )QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL &E
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
)QIVKIRG] WXIIVMRK
8LI IQIVKIRG] WXIIVMRK W]WXIQ QEOIW MX TSWWMFPI XS GSRXMRYI WXIIVMRK IZIR [LIR XLI [SVOMRK L]HVEYPMGW TYQT SV XLI HMIWIP IRKMRI JEMPW 8LI IQIVKIRG] WXIIVMRK TYQT HIPMZIVW SMP XS XLI WIVZSWXEX 8LI IQIVKIRG] WXIIVMRK TYQT MW GSRXVSPPIH F] XLI GSRXVSP IPIGXVSRMGW 8LI IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL ERH XLI IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL TVSZMHI XLI ETTVSTVMEXI WMKREPW JSV XLI GSRXVSP IPIGXVSR MGW 8LI IQIVKIRG] WXIIVMRK FYXXSR MW JSV VITIEX WXEVXMRK SJ XLI IQIV KIRG] WXIIVMRK TYQT
)QIVKIRG] WXIIVMRK JYRGXMSR GLIGO % WLSVX WEJIX] XIWX SJ XLI IQIVKIRG] WXIIVMRK W]WXIQ MW EYXSQEXMGEPP] GSRHYGXIH [LIRIZIV XLI IRKMRI MW WXEVXIH 8LI WEJIX] XIWX MW SRP] WXEVXIH SRGI XLI EPXIVREXSV LEW KIRIVEXIH E TSWMXMZI WMKREP EX XIVQMREP 8LMW TVIZIRXW XLI WXEVXMRK TVSGIHYVI FIMRK EJJIGXIH F] XLI LMKL GYVVIRX MRTYX SJ XLI IQIVKIRG] WXIIVMRK TYQT 8LI IQIVKIRG] WXIIVMRK TYQT MW EGXMZEXIH HYVMRK XLI WEJIX] XIWX 8LI TYQT VYRW JSV EVSYRH WIGSRHW YRXMP E TVIWWYVI SJ FEV MW VIEGLIH EX XLI IQIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL (YVMRK XLI WEJIX] XIWX XLI w'LIGOx W]QFSP JMIPH PMKLXW YT 8LI IQIVKIRG] WXIIVMRK W]WXIQ MW XLIR STIVEXMSREP ERH XLI w'LIGOx W]QFSP JMIPH KSIW SYX -J XLI TVIWWYVI SJ FEV MW RSX VIEGLIH EX XLI IQIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL XLI w'LIGOx W]QFSP JMIPH VIQEMRW PMX YRXMP XLI MKRMXMSR MW XYVRIH SJJ 8LI WEJIX] XIWX MW MRXIVVYTXIH EJXIV ETTVS\MQEXIP] WIGSRHW -J XLI w'LIGOx W]QFSP JMIPH MW PMX XLI HVMZIV GER WII XLEX XLI IQIVKIRG] WXIIVMRK W]WXIQ MW RSX [SVOMRK
%GXMZEXIH IQIVKIRG] WXIIVMRK W]WXIQ
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ )QIVKIRG] WXIIVMRK
)QIVKIRG] WXIIVMRK TYQT -( 0E]SYX
1EMR GSQTSRIRXW SJ XLI IQIVKIRG] WXIIVMRK TYQT 6IPE] )PIGXVMG QSXSV
4VIWWYVI VIPMIJ ZEPZI +IEV TYQT
8LI IQIVKIRG] WXIIVMRK TYQT MW MRWXEPPIH EX XLI FEGO SR XLI VMKLX MR XLI VIEV WIGXMSR
'SQTSRIRXW SJ XLI IQIVKIRG] WXIIVMRK TYQT
6IPE] )PIGXVMG QSXSV 'SRRIGXMRK TMIGI 7IEPMRK VMRK
0JVSQ 0JVSQ
*PERKI 7IEPW &YWLMRK +IEV[LIIPW
0-)&,)66
,SYWMRK :EPZI LSYWMRK 4VIWWYVI VIPMIJ ZEPZI
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
)QIVKIRG] WXIIVMRK
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI KIEV TYQT SJ XLI IQIVKIRG] WXIIVMRK TYQT MW HVMZIR F] ER IPIGXVMG QSXSV 8LI IPIGXVMG QSXSV MW W[MXGLIH SR ERH SJJ ZME E VIPE] % XIQTIVEXYVI WIRWSV QSRMXSVW XLI XIQTIVEXYVI SJ XLI IPIGXVMG QSXSV HYVMRK XLI STIVEXMSR SJ XLI IQIVKIRG] WXIIVMRK TYQT 8LI IPIGXVMG QSXSV MW EYXSQEXMGEPP] W[MXGLIH SJJ MJ E GIVXEMR XIQTIVEXYVI MW VIEGLIH 8LI KIEV TYQT HVE[W SMP JVSQ XLI L]HVEYPMG XERO ERH HIPMZIVW MX XS XLI WIVZSWXEX % TVIWWYVI VIPMIJ ZEPZI TVSXIGXW XLI TYQT JVSQ I\GIWW TVIWWYVI
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ )QIVKIRG] WXIIVMRK
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
&SWGL %
(MWTPEGIQIRX 4VIWWYVI VIPMIJ ZEPZI
1E\ GYVVIRX GSRWYQTXMSR
GQ
FEV
%
OK
1EWW
9RMXW
)QIVKIRG] WXIIVMRK TVIWWYVI W[MXGL -( 0E]SYX
'SQTSRIRXW SJ XLI TVIWWYVI W[MXGL 'SRRIGXMSR GSRXEGX %HYWXMRK WGVI[ 4VIWWYVI WTVMRK
7[MXGL GSRXEGX 1IQFVERIW ,SYWMRK
8LI IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL MW QSYRXIH SR XLI ZEPZI FPSGO
0SGEXMSR SJ XLI TVIWWYVI W[MXGL
0JVSQ 0JVSQ
0-)&,)66
SJ
7XIIVMRK W]WXIQ
7IVZMGI QERYEP
)QIVKIRG] WXIIVMRK
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 1IQFVERI TVIWWYVI W[MXGLIW EVI YWIH XS W[MXGL ER IPIGXVMGEP GMVGYMX SR ERH SJJ ,]HVEYPMG TVIWWYVI EGXW ZME E QIQFVERI SR ER EHNYWXEFPI WTVMRK ;LIR XLI VIUYMVIH ZEPYI MW VIEGLIH XLI IPIGXVMGEP GSRXEGX GPSWIW ERH XLI GMVGYMX MW GSQTPIXIH 8LMW QIQFVERI W[MXGL MW ER 23 X]TI W[MXGL
7[MXGLMRK SR XLI IQIVKIRG] WXIIVMRK JYRGXMSR 8LI IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL GLIGOW XLI W]WXIQ TVIWWYVI SJ XLI WXIIVMRK W]WXIQ -J XLI HMIWIP IRKMRI SV [SVOMRK L]HVEYPMGW TYQT JEMPW XLI TVIWWYVI EX XLI IQIVKIRG] WXIIVMRK TVIWWYVI W[MXGL HVSTW 8LI TVIWWYVI W[MXGL STIRW MJ XLI TVIWWYVI HVSTW 8LMW MRXIVVYTXW XLI RIKEXMZI WMKREP XS XLI GSRXVSP IPIGXVSRMGW ERH EGXMZEXIW XLI IQIVKIRG] WXIIVMRK W]WXIQ
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI
23 W[MXGL 5
Switching point 'SRRIGXMRK XLVIEH
9RMXW
1 \
FEV QQ
)QIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL -( 0E]SYX
'SQTSRIRXW SJ XLI TVIWWYVI W[MXGL 'SRRIGXMSR GSRXEGX %HYWXMRK WGVI[ 4VIWWYVI WTVMRK
7[MXGL GSRXEGX 1IQFVERIW ,SYWMRK
8LI IQIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL MW QSYRXIH SR XLI ZEPZI FPSGO
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
7XIIVMRK W]WXIQ )QIVKIRG] WXIIVMRK
0SGEXMSR SJ XLI TVIWWYVI W[MXGL
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 1IQFVERI TVIWWYVI W[MXGLIW EVI YWIH XS W[MXGL ER IPIGXVMGEP GMVGYMX SR ERH SJJ ,]HVEYPMG TVIWWYVI EGXW ZME E QIQFVERI SR ER EHNYWXEFPI WTVMRK ;LIR XLI VIUYMVIH ZEPYI MW VIEGLIH XLI IPIGXVMGEP GSRXEGX GPSWIW ERH XLI GMVGYMX MW GSQTPIXIH 8LMW QIQFVERI W[MXGL MW ER 23 X]TI W[MXGL
'LIGOMRK XLI IQIVKIRG] WXIIVMRK W]WXIQ 8LI NSF SJ XLI IQIVKIRG] WXIIVMRK GLIGO TVIWWYVI W[MXGL MW XS QSRMXSV XLI IQIVKIRG] WXIIVMRK W]WXIQ 3RGI XLI HMIWIP IRKMRI MW WXEVXIH XLI IQIVKIRG] WXIIVMRK TYQT FIKMRW XS HIPMZIV SMP ;LIR XLI TVIWWYVI VIEGLIW FEV XLI TVIWWYVI W[MXGL GPSWIW 8LMW WIRHW E TSWMXMZI WMKREP XS XLI GSRXVSP IPIGXVSRMGW ERH XLI IQIVKIRG] WXIIVMRK GLIGO MW WYGGIWWJYPP] GSQTPIXIH
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI 7[MXGLMRK TSMRX 'SRRIGXMRK XLVIEH
0JVSQ 0JVSQ
0-)&,)66
9RMXW
23 W[MXGL
FEV
1 \
QQ
SJ
&VEOI W]WXIQ 'LETXIV GSRXIRXW
&VEOI W]WXIQ
0JVSQ 0JVSQ
7IVZMGI FVEOI
1EMR FVEOI G]PMRHIV -(
)UYEPMWMRK VIWIVZSMV -(
&VEOI PMKLX TVIWWYVI W[MXGL -(
4EVOMRK FVEOI
:EPZI FPSGO -(
4EVOMRK FVEOI L]HVS EGGYQYPEXSV -(
4EVOMRK FVEOI WSPIRSMH ZEPZI -(
4EVOMRK FVEOI WSPIRSMH ZEPZI -(
4EVOMRK FVEOI TVIWWYVI W[MXGL -(
(MWG FVEOI
0-)&,)66
SJ
7IVZMGI QERYEP
&VEOI W]WXIQ
0E]SYX
'SQTSRIRXW SJ XLI FVEOI W]WXIQ
-RGLFVEOI TIHEP -RGLMRK ZEPZI 1EMR FVEOI G]PMRHIV &VEOI PMKLX TVIWWYVI W[MXGL ,]HVEYPMG XERO )UYEPMWMRK VIWIVZSMV 4EVOMRK FVEOI WSPIRSMH ZEPZI 4EVOMRK FVEOI TVIWWYVI W[MXGL
0JVSQ 0JVSQ
4EVOMRK FVEOI L]HVS EGGYQYPEXSV :EPZI FPSGO (VMZI WLEJX 6IEV FVEOI HMWG 7IVZMGI FVEOI GEPMTIV 6IEV FVEOI GEVVMIV -RXIVQIHMEXI TMIGI
0-)&,)66
7IVZMGI FVEOI GEPMTIV *VSRX FVEOI HMWG 4EVOMRK FVEOI GEPMTIV *VSRX FVEOI GEVVMIV 1EMR FVEOI GEVVMIV (MWG FVEOI KYEVH *VSRX E\PI
SJ
&VEOI W]WXIQ
7IVZMGI QERYEP
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI FVEOI W]WXIQ *VSRX E\PI 4EVOMRK FVEOI GEPMTIV *MVWX WIVZMGI FVEOI GMVGYMX GEPMTIV 7IGSRH WIVZMGI FVEOI GMVGYMX GEPMTIV -RGLMRK ZEPZI 1EMR FVEOI G]PMRHIV &VEOI PMKLX TVIWWYVI W[MXGL )UYEPMWMRK VIWIVZSMV 4EVOMRK FVEOI TVIWWYVI W[MXGL
4EVOMRK FVEOI WSPIRSMH ZEPZI 4EVOMRK FVEOI L]HVS EGGYQYPEXSV ,]HVEYPMG XERO 6IXYVR WXVEMRIV :EPZI FPSGO *PS[ HMZMHMRK ZEPZI *MPXIV 3VMJMGI 'LIGO ZEPZI %GGYQYPEXSV GLEVKI ZEPZI
7IVZSWXEX GSRRIGXMSR 7IVZSWXEX 07 GSRRIGXMSR 'SPH WXEVX WSPIRSMH ZEPZI GSRRIGXMSR ;SVOMRK L]HVEYPMGW GSRRIGXMSR ;SVOMRK L]HVEYPMGW TYQT + %GGYQYPEXSV GLEVKI TVIWWYVI XIWX GSRRIGXMSR 1 4EVOMRK FVEOI XIWX GSRRIGXMSR 1 4YQT STIVEXMRK TVIWWYVI XIWX GSRRIGXMSR
8LI WIVZMGI FVEOI MW E L]HVEYPMG HSYFPIGMVGYMX W]WXIQ -X EGXW SR X[S JM\IH GEPMTIV HMWG FVEOIW [LMGL EVI EVVERKIH SR X[S FVEOI HMWGW SRI FILMRH XLI SXLIV SR XLI MRTYX WLEJX SJ XLI JVSRX E\PI 8LI FVEOI MW GPSWIH F] SMP TVIWWYVI [LMGL MW FYMPX YT ZME XLI QEMR FVEOI G]PMRHIV [LIR XLI MRGLFVEOI TIHEP MW TVIWWIH ;LIR XLI MRGLFVEOI TIHEP MW TVIWWIH HS[R XS PIWW XLER LEPJ MXW JYPP I\XIRX XLI QEGLMRI MW L]HVSWXEXMGEPP] FVEOIH F] XLI MRGLMRK ZEPZI
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
&VEOI W]WXIQ
-J XLI TIHEP MW TVIWWIH HS[R JYVXLIV XLI SMP TVIWWYVI MW MRGVIEWIH ZME XLI QEMR FVEOI G]PMRHIV 8LMW EGXMZEXIW XLI X[S FVEOI GEPMTIVW ERH SJ XLI WIVZMGI FVEOI 8LI TEVOMRK FVEOI MW ER EGGYQYPEXSV FVEOI 8LI TEVOMRK FVEOI MW STIRIH F] SMP TVIWWYVI ERH GPSWIH F] WTVMRK JSVGI 8LI TEVOMRK FVEOI MW WYTTPMIH [MXL SMP F] XLI [SVOMRK L]HVEYPMGW TYQT 8LI EGGYQQYPEXSV GLEVKI ZEPZI MR XLI GSRXVSP ZEPZI FPSGO JMPPW XLI L]HVS EGGYQQYPEXSV [MXL SMP ;LIR XLI TEVOMRK FVEOI STIRW SMP JPS[W YRHIV TVIWWYVI XLVSYKL XLI TEVOMRK FVEOI WSPIRSMH ZEPZI XS XLI FVEOI GEPMTIV
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
&VEOI W]WXIQ 7IVZMGI FVEOI
7IVZMGI FVEOI 0E]SYX
7IVZMGI FVEOI GSQTSRIRXW
-RGLFVEOI TIHEP -RGLMRK ZEPZI 1EMR FVEOI G]PMRHIV &VEOI PMKLX TVIWWYVI W[MXGL )UYEPMWMRK VIWIVZSMV
(VMZI WLEJX 6IEV FVEOI HMWG 7IVZMGI FVEOI GEPMTIV 6IEV FVEOI GEVVMIV -RXIVQIHMEXI TMIGI
7IVZMGI FVEOI GEPMTIV *VSRX FVEOI HMWG 4EVOMRK FVEOI GEPMTIV *VSRX FVEOI GEVVMIV 1EMR FVEOI GEVVMIV
8LI HSYFPI HMWG FVEOI MW QSYRXIH SR XLI JVSRX E\PI -X MW GSRRIGXIH XS XLI VIEV E\PI ZME XLI HVMZI WLEJX
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI FVEOI W]WXIQ
0JVSQ 0JVSQ
*VSRX E\PI 4EVOMRK FVEOI GEPMTIV 7IVZMGI FVEOI GEPMTIV 7IVZMGI FVEOI GEPMTIV
0-)&,)66
-RGLMRK ZEPZI 1EMR FVEOI G]PMRHIV &VEOI PMKLX TVIWWYVI W[MXGL )UYEPMWMRK VIWIVZSMV
SJ
&VEOI W]WXIQ
7IVZMGI QERYEP
7IVZMGI FVEOI
8LI WIVZMGI FVEOI EGXW SR XLI JVSRX E\PI ZME X[S FVEOI HMWGW ERH XLI FVEOI GEPMTIVW ERH 8LI GSRRIGXMSR ZME XLI HVMZI WLEJX QIERW XLEX XLI VIEV E\PI MW EPWS FVEOIH ;LIR XLI MRGLFVEOI TIHEP MW TVIWWIH HS[R XLI SMP TVIWWYVI MR XLI QEMR FVEOI G]PMRHIV MRGVIEWIW 8LMW EGXW SR XLI FVEOI TMWXSRW SJ XLI X[S WIVZMGI FVEOI FVEOI GEPMTIVW ERH XLYW KIRIVEXMRK XLI VIUYMVIH FVEOMRK XSVUYI 8LI FVEOI PMKLX TVIWWYVI W[MXGL W[MXGLIW SR XLI FVEOI PMKLXW [LIR XLI SMP TVIWWYVI LEW FYMPX YT
)UYEPMWMRK VIWIVZSMV 8LI IUYEPMWMRK VIWIVZSMV WYTTPMIW XLI QEMR FVEOI G]PMRHIV [MXL SMP % TEVXMXMSR HMZMHIW XLI IUYEPMWMRK VIWIVZSMV MRXS X[S LEPZIW 8LMW QIERW XLEX IEGL FVEOI GMVGYMX MW WYTTPMIH [MXL SMP MRHITIRHIRXP] &VEOI SMP MW XSTTIH YT ZME XLI WIEPMRK GET 8LI WIEPMRK GET GSRXEMRW E ZEPZI [LMGL IUYEPMWIW XLI TVIWWYVI XS XLI EXQSWTLIVI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w)UYEPMWMRK VIWIVZSMVx GLETXIV
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w1EMR FVEOI G]PMRHIVx GLETXIV
(MWG FVEOI
8LI WIVZMGI FVEOI GEPMTIV FVEOI GMVGYMX ERH XLI TEVOMRK FVEOI GEPMTIV EGX SR XLI JVSRX FVEOI HMWG 8LI WIVZMGI FVEOI GEPMTIV FVEOI GMVGYMX EGXW SR XLI VIEV FVEOI HMWG 8LI TEVOMRK FVEOI GEPMTIV MW GPSWIH F] WTVMRK JSVGI ERH STIRIH F] SMP TVIWWYVI 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI wHMWG FVEOIx GLETXIV
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
&VEOI W]WXIQ 7IVZMGI FVEOI
1EMR FVEOI G]PMRHIV -( 0E]SYX 8LI QEMR FVEOI G]PMRHIV MW JMXXIH [MXL XLI MRGLFVEOI TIHEP SR XLI GEF JPSSV
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI QEMR FVEOI G]PMRHIV MW WYTTPMIH [MXL SMP JVSQ XLI IUYEPMWMRK VIWIVZSMV ;LIR XLI MRGLFVEOI TIHEP MW TVIWWIH XLI MRGLMRK ZEPZI MW JMVWX EGXYEXIH 3RGI XLI TIHEP MW TVIWWIH HS[R QSVI XLER LEPJ [E] XLI QEMR FVEOI G]PMRHIV MW EGXMZEXIH 4VIWWYVI FYMPHW YT MR X[S WITEVEXI FVEOI GMVGYMXW 8LI FVEOI PMKLX TVIWWYVI W[MXGL W[MXGLIW SR XLI FVEOI PMKLXW [LIR XLI SMP TVIWWYVI LEW FYMPX YT MR XLI WIGSRH GMVGYMX
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7EJMQ
&VEOI TVIWWYVI EX OK TIHEP JSVGI 3ZIVPET MRGLMRK WIVZMGI FVEOI
9RMXW
FEV
FEV
)UYEPMWMRK VIWIVZSMV -( 0E]SYX
)UYEPMWMRK VIWIVZSMV [MXL GSRRIGXMSRW
)UYEPMWMRK VIWIVZSMV 7IEPMRK GET %MV ZEPZI 3MP PIZIP QEVOMRK
4EVXMXMSR &VEOI GMVGYMX PMRI &VEOI GMVGYMX PMRI
8LI IUYEPMWMRK VIWIVZSMV MW QSYRXIH SR XLI L]HVEYPMG XERO
0JVSQ 0JVSQ
0-)&,)66
SJ
&VEOI W]WXIQ
7IVZMGI QERYEP
7IVZMGI FVEOI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI IUYEPMWMRK VIWIVZSMV TVSZMHIW FVEOI SMP JSV XLI HSYFPI GMVGYMX WIVZMGI FVEOI 8LI IUYEPMWMRK VIWIVZSMV MW HMZMHIH F] E TEVXMXMSR 8LMW QIERW FVEOI SMP GER SRP] JPS[ FEGO ERH JSVXL MR XLI XST SJ XLI VIWIVZSMV -J SRI SJ XLI FVEOI GMVGYMXW PSWIW SMP XLIVI MW EP[E]W IRSYKL FVEOI SMP EZEMPEFPI MR XLI SXLIV FVEOI GMVGYMX 8LI QEVOMRKW MRHMGEXI XLI GSVVIGX JMPPMRK PIZIP SJ XLI IUYEPMWMRK VIWIVZSMV
4VIWWYVI FEPERGI MR XLI IUYEPMWMRK VIWIVZSMV ;LIR XLI WIVZMGI FVEOI MW EGXMZEXIH XLI SMP PIZIP MR XLI IUYEPMWMRK VIWIVZSMV JPYGXYEXIW 8LI EMV ZEPZI MR XLI WIEPMRK GET IREFPIW EMV XS JPS[ MR SV SYX SJ XLI IUYEPMWMRK VIWIVZSMV
8IGLRMGEP HEXE 2EQI
:EPYI
'ETEGMX]
9RMXW GQ
&VEOI PMKLX TVIWWYVI W[MXGL -( 0E]SYX
'SQTSRIRXW SJ XLI TVIWWYVI W[MXGL 'SRRIGXMSR GSRXEGX %HYWXMRK WGVI[ 4VIWWYVI WTVMRK
7[MXGL GSRXEGX 1IQFVERIW ,SYWMRK
8LI FVEOI PMKLX TVIWWYVI W[MXGL MW WGVI[IH SR XS XLI QEMR FVEOI G]PMRHIV FIPS[ XLI GEF
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
&VEOI W]WXIQ 7IVZMGI FVEOI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 1IQFVERI TVIWWYVI W[MXGLIW EVI YWIH XS W[MXGL ER IPIGXVMGEP GMVGYMX SR ERH SJJ ,]HVEYPMG TVIWWYVI EGXW ZME E QIQFVERI SR ER EHNYWXEFPI WTVMRK ;LIR XLI VIUYMVIH ZEPYI MW VIEGLIH XLI IPIGXVMGEP GSRXEGX GPSWIW ERH XLI GMVGYMX MW GSQTPIXIH 8LMW QIQFVERI W[MXGL MW ER 23 X]TI W[MXGL
7[MXGLMRK SR XLI FVEOI PMKLXW 8LI NSF SJ XLI FVEOI PMKLX TVIWWYVI W[MXGL MW XS W[MXGL SR XLI FVEOI PMKLXW [LIR XLI WIVZMGI FVEOI MW EGXYEXIH ;LIR XLI WIVZMGI FVEOI MW EGXYEXIH XLI TVIWWYVI SR XLI W[MXGL MRGVIEWIW 8LMW GEYWIW XLI TVIWWYVI W[MXGL XS GPSWI MXW GSRXEGX ERH WIRH E TSWMXMZI WMKREP XS XLI FVEOI PMKLXW
8IGLRMGEP HEXE 2EQI
:EPYI
8]TI
7YGS
7[MXGL X]TI 7[MXGLMRK TSMRX 'SRRIGXMRK XLVIEH
0JVSQ 0JVSQ
0-)&,)66
9RMXW
23 W[MXGL
FEV
1 \
QQ
SJ
7IVZMGI QERYEP
&VEOI W]WXIQ 4EVOMRK FVEOI
4EVOMRK FVEOI 0E]SYX
'SQTSRIRXW SJ XLI TEVOMRK FVEOI
,]HVEYPMG XERO 4EVOMRK FVEOI WSPIRSMH ZEPZI 4EVOMRK FVEOI TVIWWYVI W[MXGL 7SPIRSMH ZEPZI FPSGO
4EVOMRK FVEOI L]HVS EGGYQYPEXSV :EPZI FPSGO (VMZI WLEJX 6IEV FVEOI HMWG
6IEV FVEOI GEVVMIV -RXIVQIHMEXI TMIGI *VSRX FVEOI HMWG 4EVOMRK FVEOI GEPMTIV *VSRX FVEOI GEVVMIV
8LI HSYFPI HMWG FVEOI MW QSYRXIH SR XLI JVSRX E\PI -X MW GSRRIGXIH XS XLI VIEV E\PI ZME XLI HVMZI WLEJX
0JVSQ 0JVSQ
0-)&,)66
SJ
&VEOI W]WXIQ
7IVZMGI QERYEP
4EVOMRK FVEOI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR
,]HVEYPMG TPER SJ XLI FVEOI W]WXIQ
*VSRX E\PI 4EVOMRK FVEOI GEPMTIV 7IVZMGI FVEOI GEPMTIV 7IVZMGI FVEOI GEPMTIV &VEOI PMKLX TVIWWYVI W[MXGL 4EVOMRK FVEOI WSPIRSMH ZEPZI 4EVOMRK FVEOI L]HVS EGGYQYPEXSV :EPZI FPSGO *PS[ HMZMHMRK ZEPZI *MPXIV
+
3VMJMGI 'LIGO ZEPZI %GGYQYPEXSV GLEVKI ZEPZI 7XIIVMRK TVIWWYVI VIPMIJ ZEPZI ;SVOMRK L]HVEYPMGW TYQT %GGYQYPEXSV GLEVKI TVIWWYVI XIWX GSRRIGXMSR 1 4EVOMRK FVEOI XIWX GSRRIGXMSR 1 4YQT STIVEXMRK TVIWWYVI XIWX GSRRIGXMSR
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10 Electrical System 10.0 Chapter contents 10
Electrical System............................................................... 10.0-1 10.1
Electrical system with circuit diagrams .........................................10.1-3 10.1.1
Circuit diagrams..................................................................10.1-3
10.1.2
Circuit diagrams..................................................................10.1-5
10.2
Wiring harnesses ..........................................................................10.2-5 10.2.1
Side cover switch wiring harness .......................................10.2-5
10.2.2
Side cover switch wiring harness .......................................10.2-5
10.2.3
Cab wiring harness.............................................................10.2-5
10.2.4
Dashboard wiring harness..................................................10.2-5
10.2.5
Heating wiring harness.......................................................10.2-5
10.2.6
Cab wiring harness.............................................................10.2-5
10.2.7
Cab roof wiring harness......................................................10.2-5
10.2.8
Cab roof wiring harness......................................................10.2-5
10.2.9
Central wiring harness........................................................10.2-5
10.2.10
Central wiring harness........................................................10.2-5
10.3
Control electronics A1...................................................................10.3-5
10.4
Control board A2...........................................................................10.4-5
10.5
Battery installation ........................................................................10.5-5 10.5.1
L512 - 466 / from 0501 L514 - 467 / from 0501
Battery ................................................................................10.5-5
10.0-1 of 56 MJFCIFSS
Service Manual
Electrical System Electrical system with circuit diagrams
10.1 Electrical system with circuit diagrams
10.1.1
Circuit diagrams
:EPMHJSV
L512z L514
Design
'SRXVSPTERIPVMKLXWMHI 1 A1 A2
Cab ground point Control electronics Control board (fuses and relays) B31 Buzzer F03 50A starter circuit fuse from serial no. 0564 K4 Preglow relay
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
K6 Starter relay K23a Forwards safety relay K24a Reverse safety relay K30 Quick change device relay ST1 15-pin connector A1 (plug) ST2 A1 12-pin connector (socket) ST3 A1 15-pin connector (socket)
10.1-3 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
1 2 3
Power supply: Battery, alternator, ignition starter switch, battery main switch, starter Engine control: Engine stop, preglow, cold start solenoid valve, output speed sensor Engine monitoring: Display unit A13, temperature switch, pressure switch, fuel level sensor
10.1-4 of 56 MJFCIFSS
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Service Manual
Electrical System Electrical system with circuit diagrams
Item A5 A13 B1 B4 B7 B9 B20 B20a CN3 CN5 CN6 CN8 CN12 CN13 D2 D7 D10 D15 D16 D50 D51 F01 F03 F04 F4A F4C F5B F6B F8C G1 G2 H2 H3 H4 H5 H6 H7 H8 H9 H10 H11 H12 H13 H19 H23 H25 H26 H27 H28 K2 K2a K3 K4 K6 K8 K27
Description LCD display for travel speed, operating hours, clock Display unit Travel gear speed sensor Air filter contamination vacuum switch Pressure switch for engine oil pressure Warning buzzer Coolant temperature thermo switch and sender unit Water pump thermo switch / fuel quantity Green 12-pin connector Green 15-pin connector Yellow 15-pin connector White 4-pin connector White 12-pin connector Red 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 6 A diode 1 A diode 125 A main fuse (MEGA fuse) 50 A starter circuit fuse from serial no. 0564 125 A preglow fuse 7.5 A cold release valve fuse supply via D+ 3 A display unit fuse (battery +30) 5 A display unit fuse (ignition +15) 3 A engine stop relay fuse, display unit, preglow relay 10 A engine stop fuse Alternator with controller Batteries Preglow symbol field Forwards symbol field Engine oil pressure symbol field Working hydraulics lock symbol field Charge control symbol field Air filter contamination symbol field Emergency steering symbol field Reverse symbol field Direction indicator system symbol field Parking brake symbol field High beam driving light symbol field Engine overheating symbol field Braking system accumulator pressure symbol field Hydraulic oil overheating symbol field Travel range 1 symbol field Travel range 2 symbol field Safety belt symbol field Special function symbol field Engine start relay Not assigned Engine stop relay Preglow and afterglow relay Engine start relay Ignition supply relay Start release relay
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Step B3 B3 H2 H3 H3 E2 H3 E1 E3 C1 D1 D1 D1 E1 B2 C2 C2 E1 C1 G2 A1 3A A2 A2 C2 F1 G1 B3 A3 A3 B3 A3 B3 B3 A9 B3 A3 B3 B3 B3 A3 B3 B3 B3 B3 C1 E1 E2 E2 E1 B2 E1
10.1-5 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
1 2 3
Power supply: Battery, alternator, ignition starter switch, battery main switch, starter Engine control: Engine stop, preglow, cold start solenoid valve, output speed sensor Engine monitoring: Display unit A13, temperature switch, pressure switch, fuel level sensor
10.1-6 of 56 MJFCIFSS
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Service Manual
Electrical System Electrical system with circuit diagrams
Item K29 M1 P3 P6 R3 R4 R5 S15 S101 X1 X2 X3 X4 X5 X6 X9 X45 X54 X59 X60 Y4 Y5 Y27
Description Preglow power relay Starter Fuel supply segment field Coolant temperature segment field Preglow spark plug Tank encoder Field resistor (alternator) Battery main switch Mode button (clock, travel speed, operating hours) 9-pin connector 70-pin connector 11-pin connector 21-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 9-pin connector Cold start solenoid valve Motor stop solenoid Cold start solenoid valve
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Step G2 G1 B3 B3 H2 H3 C2 H1 C3 C3 C3 H3 H2 H1 C2 H2 D2 H2 H2 H1
10.1-7 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
4
Travel drive: Parking brake system, travel direction selection, travel ranges, backing-up alarm, down shift hydraulic oil overheating
10.1-8 of 56 MJFCIFSS
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Service Manual
Electrical System Electrical system with circuit diagrams
Item A13 B5 B6 B16 CN1 CN2 CN5 CN6 CN12 CN13 D6 D8 D9 D19 D22 D23 D25 D26 D28 D30 F5C K22 K22a K23 K23a K24 K24a K28 S2 S12 S17 X2 X3 X4 X8 X1 X14 X15 X18 X56 X60 X62 X64 Y2 Y3 Y6 Y10 Y26
Description Display unit Parking brake pressure switch Hydraulic oil overheating thermo switch Backing up alarm Green 9-pin connector Green 9-pin connector Green 15-pin connector Yellow 15-pin connector White 12-pin connector Red 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 15 A travel hydraulics fuse Parking brake relay Travel lockout relay Forwards relay Forwards relay Reverse relay Reverse relay Hydraulic oil overheating relay Travel range / travel direction control lever Additional equipment button (optional) Parking brake switch 70-pin connector 11-pin connector 21-pin connector 2-pin connector 4-pin connector 4-pin connector 4-pin connector 2-pin connector 10-pin connector 9-pin connector 6-pin connector 4-pin connector Forward travel direction solenoid valve Reverse travel direction solenoid valve Travel range 1 solenoid valve Parking brake solenoid valve Travel direction detection solenoid valve
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Step A4 D4 H4 H4 F4 F4 C4 E4 C4 E4 E4 F4 F4 C4 E4 B4 B4 A4 E4 C4 E4 E4 E4 E4 B4 A4 A4 C4 B4 B4 H4 H4 H4 H4 H4 B4 D4 D4 H4 H4 H4 H4 H4 H4
10.1-9 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
Electric switching of the travel hydraulics
The travel hydraulics are controlled by means of the LH control lever, the display unit and relays. Driving forwards If forward travel is selected on the travel switch S2, a positive signal is sent to the display unit connection X3 pin 3. The electronics in the display unit send a negative signal from output X4 pin 1 via the safety relay K23a to the travel direction relay K23 connection 85. When the parking brake is open, the pressure switch B5 closes and actuates the relay K22a. The energised relay K22a supplies positive voltage from fuse F5C to the travel direction relay K23. The relay K23 picks up and energises the forward travel solenoid valve Y2. The two safety relays K23a and K24a are controlled by fuse F5b via relay K8. When there is no power supply to the display unit, the control of both travel directions is also interrupted. Driving in reverse If reverse travel is selected on the control lever S2, a positive signal is sent to the display unit connection X3 pin 9. The electronics in the display unit send a negative signal from output X4 pin 2 via the safety relay K24a to the travel direction relay K24 connection 85. When the parking brake is open, the pressure switch B5 closes and actuates the relay K22a. The energised relay K22a supplies positive voltage from fuse F5C to the travel direction relay K24. The relay K24 picks up and energises the reverse travel direction solenoid valve Y3 on the pump and the travel direction detection solenoid valve Y26 on the travel motor. Switching between travel ranges 1 and 2 When the diesel engine is started, travel range 2 is always selected. If travel range 1 is selected on the control lever S2, a positive signal is sent to the display unit connection X3 pin 8. The electronics in the display unit send a positive signal from output X4 pin 19 via the travel range 1 solenoid valve Y6 on the travel motor. When the travel range 1 solenoid valve Y6 is energised, the travel motor is held at the maximum pivot angle. If travel range 2 is selected on the control lever S2, a positive signal is sent to the display unit connection X4 pin 8. The output X4 pin 19 of the display unit becomes de-energised again, as does the travel range 1 solenoid valve Y6. When the travel range 1 solenoid valve Y6 is not energised, the travel motor can move from the maximum, to the minimum swivel angle. If the hydraulic oil overheats, the system automatically switches to travel range 1. If the hydraulic oil reaches a temperature above 100 °C, the temperature switch B6 closes. The temperature switch B6 switches the relay K28 and energises the travel range 1 solenoid valve Y6.
10.1-10 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
The machine continues moving in travel range 1 until the hydraulic oil temperature falls back below 100 °C. In this condition, the pilot lamps H25 and H26 for both travel ranges light up. Directional change lockout The directional change lockout is active at speeds above 13 km/h. If the driver attempts to change direction at a speed above 13 km/h, the pump is first switched to neutral. The speed is reduced when the pump is in the neutral position. When the speed is below 13 km/h, the travel direction is then changed.
How the parking brake switch S17 works
Parking brake switch S17 with switch positions 2, 0, 1 Position 1 (OFF) After the diesel engine is started, position 1 (OFF) must be briefly selected in order to release the brake. This safety procedure prevents accidental release of the brakes. When the ignition is switched on, voltage is present via the fuse F5C at the switch S17 connection 7 and at the relay K22 connection 30. If the switch S17 is moved to position 1 the contact in the switch closes connections 7 and 5, the relay K22 picks up, the contact on K22 closes a seal-in circuit and the connection to S17 connection 6. After the button on switch S17 is released, it is in position 0, connections 4 and 6 are connected and the solenoid valve Y10 is energised. At the same time, the pressure switch B5 closes and the relay K22a deactivates the travel lockout, which means the travel direction can be selected. The relay K22 remains energised by the seal-in circuit. The brake can be released even when the engine is not running, provided accumulator pressure is available. Position 0 In position 0 contacts 4 and 6 are connected and the brake is actuated. To open the brake again (parking brake OFF), the switch S17 must be switched to position 0 again. Position 2 (ON) In position 2 (ON) contacts 4 and 6 are connected and the brake is closed. If the switch S17 is actuated in position 2 (snap-in position) the connection to Y10 is broken, the parking brake closes and pressure switch B5 switches the travel direction to neutral.
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10.1-11 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
5
Working hydraulics: Working hydraulics lockout, bucket float position, lift kick-out, bucket return-to-dig, quick change device, mode switch
10.1-12 of 56 MJFCIFSS
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Service Manual
Electrical System Electrical system with circuit diagrams
Item B15 B17 B30 CN5 CN6 CN7 CN9 CN10 CN12 D4 D5 D17 D18 D27 D52 D53 D54 D55 F3A F4B F7C H29 K7 K17 K18 K30 S14 S18 S19 S22 S25 S26 X2 X10 X11 X12 X16 X17 X23 X42 X50 X51 X53 X55 X57 X58 Y09 Y14 Y17 Y18 Y28
Description Bucket return-to-dig inductive switch Lift kick-out inductive switch Quick-change device pressure switch 15-pin connector 15-pin connector White 15-pin connector Red 15-pin connector Red 15-pin connector White 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 3 A diode 1 A diode 6 A diode 1 A diode 15 A lighting and switch illuminating fuse 7.5 A quick-change device fuse 7.5 A working attachment fuse Quick-change device symbol field Supply relay D+ Lift kick-out relay Bucket return-to-dig relay Quick-change device relay Bucket return-to-dig switch Float position switch Working hydraulics lock switch Lift kick-out switch Reserve switch Quick-change device switch 70-pin connector 15-pin connector 2-pin connector 2-pin connector 6-pin connector 4-pin connector 4-pin connector 3-pin connector 9-pin connector 9-pin connector 9-pin connector 2-pin connector 2-pin connector 2-pin connector Bucket return-to-dig solenoid Working hydraulics lockout solenoid valve Lift kick-out solenoid Float position solenoid Quick-change device solenoid valve
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Step E5 E5 B5 F5 G5 B5 G5 F5 F5 G5 D5 E5 E5 B5 E5 A5 A5 A5 C5 D5 F5 F5 D5 C5 D5 C5 C5 E5 E5 B5 H5 E5 E5 G5 C5 H H5 B5 H5 H5 H5 H5 H5
10.1-13 of 56 MJFCIFSS
Electrical System
Service Manual
Electrical system with circuit diagrams
Electric switching of the working hydraulics
How the working hydraulics lockout switch S19 works Switch button position 1 (safety cut-off): In position 1 (button function) connections 7 and 5 are connected. When switch position 1 is selected the contact in the switch connects connections 7 and 5, and the battery directly supplies voltage to the solenoid valve Y14 (working hydraulics lockout). Current flow: batteries G2, fuse F1C, switch S19, connection 7 to connection 5 to solenoid valve Y14 . As long as the button remains pressed in position 1 and there is pressure in the pilot control hydro accumulator, the lift arms can be lowered, whether the ignition is switched on or not. Switch position 0 (operating position) with the diesel engine running: (Terminal D+) voltage is present via relay K7 from fuse F7C at the switch S19 connection 4 and via connection 6 at the solenoid valve Y14, the valve opens and the pilot control unit is pressurised. Current flow: fuse F7C relay K7, diode D54, switch S19 connection 4 switch S19 connection 6 to solenoid valve Y14. Only when the ignition is on can the equipment not be lowered. Switch position 2 (OFF position, on-road travel): If switch S19 is actuated in position 2 (snap-in position) the connection to the solenoid valve Y14 is interrupted. In position 2 contacts 4 and 2 are connected. The working hydraulics lockout symbol field lights up (control via connections 4 and 2 in the switch S19). Connections of the inductive switches B15 and B17 1 Power supply + 2 N/C switch output +signal 3 Earth connection 4 N/O switch output +signal Automatic bucket return-to-dig function If the bucket return-to-dig switch S14 is switched on, current flows to the inductive proximity switch B15 (N/O). The proximity switch B15 is closed when activated. (N/O normally open) The relay K18 on the control unit A2 is activated and the solenoid Y9 on the pilot control lever is energised. If the pilot control lever is now fully moved to tilting in, the solenoid Y9 makes contact and the lever is held in position by the solenoid. The bucket is now tilted in until the proximity switch B15 switches off and the circuit to the solenoid Y9 is broken. The force of the spring returns the pilot control lever to the neutral position. The bucket remains in the horizontal position. Float position function If the float position switch S18 is switched on, current flows to the solenoid Y18 on the pilot control unit. If the pilot control lever is now fully moved to lowering, the solenoid Y18 makes contact and the lever is held in position by the solenoid.
10.1-14 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
When the spool valve is fully activated the bottom piston end of the lifting cylinder is connected to the rod side and the bucket position can adapt to uneven ground. Lift kick-out function (optional) If the lift kick-out switch S22 is switched on, current flows to the inductive proximity switch B17. The proximity switch B17 is closed when not activated (N/C - normally closed). The relay K17 on the control unit A2 is activated and the solenoid Y17 on the pilot control lever is energised. If the pilot control lever is now fully moved to lowering, the lever is held in position by the solenoid Y17. The lift arms move upwards until the proximity switch B17 switches off. The circuit to the solenoid Y17 is broken. The force of the spring returns the pilot control lever to the neutral position and the lifting movement is switched off.
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Electrical System
Service Manual
Electrical system with circuit diagrams
6
Lighting: Steering column switch, direction indicator, horn, hazard warning system, lighting system
10.1-16 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
Item B10 CN1 CN3 CN4 CN5 CN10 CN11 CN12 CN13 CN14 D11 D12 D13 D14 D21 D24 E3 E4 E6 E7 E14 F1A F1C F2A F2B F2C F5A F6A F6C H15 H16 H17 H18 K1 K5 K25 K26 M2 M4 S3 S4 S6 X2 X19 X22 X24 X25 X27 X28 X29 X43 X44 X52 X61 X63 X65 X66
Description Horn Green 9-pin connector Green 12-pin connector Yellow 12-pin connector Green 15-pin connector Red 15-pin connector Purple 12-pin connector White 12-pin connector Red 12-pin connector Purple 15-pin connector 6 A diode 6 A diode 6 A diode 6 A diode 6 A diode 1 A diode Left driving headlight Right driving headlight Left tail light Right tail light Left/right number plate light 7.5 A right high beam fuse 10 A hazard warning system fuse, interior lights, optional rotating beacon 7.5 A high beam fuse, left 7.5 A fuse driving headlight, right 7.5 A fuse, driving light, left 3 A sidemarker light fuse, left 3 A sidemarker light fuse, right 15 A front windscreen wiper, horn Front left indicator Front right indicator Rear left indicator Rear right indicator Indicator sensor relay Windscreen wiper interval relay Right indicator relay Left indicator relay Front windscreen wiper motor Front windscreen washer pump Steering column switch Hazard warning system switch Parking light / driving light switch 70-pin connector 8-pin connector 12-pin connector 9-pin connector 9-pin connector 2-pin connector 6-pin connector 2-pin connector 6-pin connector 6-pin connector 6-pin connector 2-pin connector 2-pin connector 1-pin connector 1-pin connector
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Step A6 F6 D6 A6 B6 C6 C6 E6 E6 E6 A6 G6 G6 G6 G6 G6 E6 A6 E6 E6 E6 E6 E6 A6 G6 G6 G6 G6 C6 C6 E6 E6 G2 G2 B6 D6 D6 F6 F6 A6 C6 F6 G6 G6 G6 G6
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Electrical System
Service Manual
Electrical system with circuit diagrams
7
Wiper and washer system / air-conditioning: Front/rear windscreen washer/wiper system, heating, airconditioning
10.1-18 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
Item B26 B27 CN1 CN4 CN10 CN11 CN14 D3 D20 F3B F7A F8A K14 K15 M3 M5 M9 M12 S11 S13 S21 X2 X10 X19 X22 X31 X32 X36 X38 X39 X40 Y22
Description Temperature switch Air-conditioning pressure switch (optional) Green 9-pin connector Yellow 12-pin connector Red 15-pin connector Purple 12-pin connector Purple 15-pin connector 1 A diode 1 A diode 7.5 A rear windshield wiper fuse 25 A air-conditioning fuse (optional) 15 A heater blower fuse Air-conditioning coupling relay (optional) Air-conditioning fan relay (optional) Rear windshield wiper motor Heater blower motor Rear windshield washer pump Air-conditioning fan motor (optional) Blower motor rotary switch Rear wiper motor / washer pump switch Air-conditioning switch (optional) 70-pin connector 15-pin connector 8-pin connector 9-pin connector 2-pin connector 4-pin connector 4-pin connector 2-pin connector 2x1-pin connector 4-pin connector Air-conditioning compressor magnetic coupling (optional)
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Step C7 D7-{}B7 A7 F7 F7 A7 A7 A7 F7 F7 H7 H7 H7 H7 C7 C7 C7 E7 F7 G7 C7 H7
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Electrical System
Service Manual
Electrical system with circuit diagrams
8
Lighting: Brake lights, cab light, flashing beacon, front & rear working floodlights, compressor seat, socket, radio
10.1-20 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A3 B11 B12 CN1 CN4 CN9 CN10 CN11 CN13 CN14 E2 E10 E11 E12 E13 F1B F3C F8B H20 H21 H22 M7 S7 S8 S9 W1 X2 X19 X20 X21 X22 X26 X30 X33 X34 X35 X37 X41
Description Radio (optional) Loudspeaker (optional) Brake light pressure switch Green 9-pin connector Yellow 12-pin connector White 9-pin connector Red 15-pin connector Purple 12-pin connector Red 12-pin connector Purple 15-pin connector Cab light with switch Front left working floodlight Front right working floodlight Rear left working floodlight (optional) Rear right working floodlight (optional) 7.5 A brake light fuse 25 A Working floodlight fuse 10 A fuse socket, radio, seat compressor Left brake light Right brake light Flashing beacon (optional) Driver's seat compressor motor Front working floodlights switch Rear working floodlights switch Flashing beacon switch (optional) Radio aerial (optional) 70-pin connector 8-pin connector Socket 2-pin connector 12-pin connector 2-pin connector 2x1-pin connector 2x1-pin connector 2x1-pin connector 2x1-pin connector 6-pin connector 2x1-pin connector
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Step F8 G6 C8 B8 E8 A8 B8 H8 H8 H8 H8 H8 A8 A8 A8 H8 H8 H8 E8 C8 C8 C8 E8 B8 D D8 F8 -
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Electrical System
Service Manual
Electrical system with circuit diagrams
9
Cooling emergency steering system: Control electronics A1, temperature sensors, cooling system proportional valve, warning buzzer, emergency steering system, emergency steering pump
10.1-22 of 56 MJFCIFSS
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A1 B3 B3A B8 B21 B31 CN5 CN6 CN7 F02 F7B H24 M8 S10 ST1 ST2 ST3 X2 X7 X46 X47 X48 X49 X50 X51 Y13
Description Control electronics Emergency steering pressure switch Emergency steering check pressure switch Hydraulic oil temperature sensor Coolant temperature sensor Warning buzzer Green 15-pin connector Yellow 15-pin connector White 15-pin connector 150 A emergency steering pump (MEGA fuse) 7,5 A Control electronics A1 Emergency steering symbol field Emergency steering pump motor Emergency steering button 15-pin connector 12-pin connector 15-pin connector 70-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 2-pin connector 9-pin connector Cooling system proportional valve
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Step B9 H9 H9 H9 H9 H9 E9 E9 A9 G9 A9 D9 H9 D9 B9 B9 B9 G9 H9 H9 H9 H9 H9 C9 H9
10.1-23 of 56 MJFCIFSS
Service Manual
Electrical System Electrical system with circuit diagrams
10.1.2
Circuit diagrams -(
:EPMHJSV
L512JVSQ L514JVSQ
Design
'SRXVSPTERIPVMKLXWMHI 1 A1 A2 F04 F30 F31 K2a K4
Cab ground point Control electronics Control board (fuses and relays) 50 A starter circuit fuse 50 A starter circuit fuse KL 15 15 A Ignition start switch fuse Engine start relay Preglow relay
K23a Forwards safety relay K24a Reverse safety relay K30 Quick change device relay K31 Relay KL.15 ST1 15-pin connector ST2 12-pin connector ST3 15-pin connector KL.15 Screw connection M5 KL.30 Screw connection M6
The operating voltage of the machine is 12 volts. The batteries (2 x 12 V) are connected in parallel. The two batteries are mounted in the left cab access.
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Electrical System
Service Manual
Electrical system with circuit diagrams
Components of the electrical system
The following table is a complete list of the components of the electrical system. The codes in the step column are to help find components in the circuit diagrams
Abbreviations:
WH wiring harness SV solenoid valve LED light emitting diode OH operating hours
Item
Description
Step
A1 A2 A3 A5 A13 B1 B3 B3a B4 B5 B6 B7 B8 B9 B10 B11 B12 B15 B16 B17 B20 B20a B21 B26 B27 B30 B31 CN1 CN2 CN3 CN4 CN5 CN6 CN7 CN8 CN9 CN10 CN11 CN12 CN13 CN14 D1 D2 D3 D4 D5
Control electronics Control board Radio (optional) LCD display for travel speed, operating hours, clock Display unit Travel gear speed sensor Emergency steering pressure switch Emergency steering check pressure switch Air filter contamination vacuum switch Parking brake pressure switch Hydraulic oil overheating thermo switch Pressure switch for engine oil pressure Hydraulic oil temperature sensor Warning buzzer Horn Loudspeaker (optional) Brake light pressure switch Bucket return-to-dig inductive switch Backing up alarm Lift kick-out inductive switch Coolant temperature thermo switch and sender unit Coolant temperature thermo switch (MV ignition pump) L524, L534 Coolant temperature sensor Air-conditioning temperature switch (optional) Air-conditioning pressure switch (optional) Quick change device pressure switch (optional) Warning buzzer Green connector A2, 9 pin Green connector A2, 9 pin Green connector A2, 12 pin Yellow connector A2, 12 pin Green connector A2, 15 pin Yellow connector A2, 15 pin White connector A2, 15 pin White connector A2, 4 pin Red connector A2, 15 pin Red connector A2, 15 pin Purple connector A2, 12 pin White connector A2, 12 pin Red connector A2, 12 pin Purple connector A2, 15 pin 6 A diode 1 A diode 1 A diode 1 A diode 1 A diode
9, 10 1 - 10 8F 3B 3, 4 2H 10H 10H 3H 4D 4H 3H 9H 2E 6A 6G 8C 5E 4H 5E 3H 2H 9H 7C 7D 5B 9H 4, 6, 7 4F 1, 6 6, 7, 8 1, 2, 3, 4, 6 1, 2, 4 5, 10 1, 2 5, 8 5, 6, 7 6, 7, 8 3, 4, 5, 6 1, 4, 6, 8 6, 7, 8 6C 1D 7F 5G 5F
10.1-26 of 56 MJFCIFSS
Machine view 2 2
1, 3 1, 3 1, 2 3
1 2
2, 3 3 3
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Service Manual
Electrical System Electrical system with circuit diagrams
Item
Description
Step
D6 D7 D8 D9 D10 D11 D12 D13 D14 D15 D16 D17 D18 D19 D20 D21 D22 D23 D24 D25 D26 D27 D28 D30 D50 D51 D52 D53 D55 E2 E3 E4 E6 E7 E10 E11 E12 E13 E14 F01 F02 F03 F04 F1A F1B F1C F2A F2B F2C F3A F3B F3C F4A F4B F4C F5A F5B
1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 6 A diode 6 A diode 6 A diode 6 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 6 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 6 A diode 1 A diode 3 A diode 1 A diode 1 A diode Cab light with switch Left driving headlight Right driving headlight Left tail light Right tail light Front left working floodlight Front right working floodlight Rear left working floodlight (optional) Rear right working floodlight (optional) Left/right number plate light 125 A main fuse (MEGA fuse) 200 A emergency steering pump (MEGA fuse) 125 A fuse, engine preglow (MEGA fuse) 50 A starter 7.5 A high beam fuse, left 7.5 A brake light fuse 10 A hazard warning system fuse, interior lights, rotating beacon 7.5 A right high beam fuse 7.5 A fuse, driving light, left 7.5 A fuse driving headlight, right 15 A lighting and switch illuminating fuse 7.5 A rear windshield wiper and washing system fuse 20 A Working floodlight fuse 7.5 A cold release valve fuse, K7, A1 (supply via D+) 7.5 A quick-change device fuse 3 A display unit fuse (battery +30) 3 A sidemarker light fuse, right 5 A display unit fuse, K24a (ignition +15)
4E 1D 4C 4E 1D 6C 6C 6E 6E 1E 2B 5F 5G 4E 7F 6E 4F 4F 6A 4C 4E 5D 4B 4B 2C 2C 5E 5E 5E 8H 6G 6G 6G 6G 8H 8H 8H 8H 6G 1E 10G 2G 1C 6E 8A 6A 6E 6E 6E 5A 7A 8A 1A 5A 3A 6E 2A
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Machine view
3 3 3 3 3 3
3 1 3 2, 3
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Electrical system with circuit diagrams
Item
Description
Step
F5C F6A F6B F6C F7A F7B F7C F8A F8B F8C F30 F31 G1 G2 H2 H3 H4 H5 H6 H7 H8 H9 H10 H11 H12 H13 H15 H16 H17 H18 H19 H20 H21 H22 H23 H24 H25 H26 H27 H28 H29 K1 K2 K2a K3 K4 K5 K7 K8 K14 K15 K17 K18 K22 K22a K23 K23a
15 A travel hydraulics fuse 3 A sidemarker light fuse, left 3 A Fuse buzzer, motor stop relay, preglow, KL.15, start release 15 A front washing pump and windscreen wiper, horn 25 A air-conditioning fuse (optional) 7.5 A Control electronics A1, emergency steering button 7.5 A working attachment fuse 15 A heater blower,air-conditioning fuse (optional) 10 A fuse socket, radio, seat compressor 10 A engine stop fuse, (MV injection pump L524, L534) 50 A fuse terminal 15 (MEGA fuse) 15 A Ignition start switch fuse Alternator with controller Batteries Preglow symbol field Forwards symbol field Engine oil pressure symbol field Working hydraulics lock symbol field Charge control symbol field Air filter contamination symbol field Emergency steering symbol field Reverse symbol field Direction indicator system symbol field Parking brake symbol field High beam driving light symbol field Engine overheating symbol field Front left indicator Front right indicator Rear left indicator Rear right indicator Braking system accumulator pressure symbol field Left brake light Right brake light Flashing beacon (optional) Hydraulic oil overheating symbol field Emergency steering symbol field Travel range 1 symbol field Travel range 2 symbol field Safety belt symbol field Special function symbol field Quick-change device symbol field Indicator sensor relay Engine start relay Engine start relay Engine stop relay Preglow and afterglow relay Relay windscreen wiper wash interval Supply relay D+ Ignition on supply relay Air-conditioning coupling relay (optional) Air-conditioning fan relay (optional) Lift kick-out relay Bucket return-to-dig relay Parking brake relay Travel lockout relay Forwards relay Forwards relay
4A 6E 2A 6A 7A 10A 5A 7A 8A 2C 1C 1C 1F 1G 3B 3A 3A 3B 3A 3B 3B 3A 3B 3A 3B 3B 6G 6G 6G 6G 3B 8H 8H 8H 3A 10D 3B 3B 3B 3B 5C 6C 1C 1E 2E 2E 7C 5D 2B 7F 7F 5F 5F 4E 4C 4E 4E
10.1-28 of 56 MJFCIFSS
Machine view
3 1, 2
3 3 3 3 3 3
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Service Manual
Electrical System Electrical system with circuit diagrams
Item
Description
Step
K24 K24a K25 K26 K27 K28 K29 K30 K31 KL15 KL30 M1 M2 M3 M4 M5 M7 M8 M9 M12 P3 P6 R3 R4 R5 S1 S2 S3 S4 S6 S7 S8 S9 S10 S11 S12* S13 S14 S15 S17 S18 S19 S21 S22 S26 S100 S101 ST1 ST2 ST3 V1 W1 X1 X2 X3 X4 X10
Reverse relay Reverse relay Right indicator relay Left indicator relay Start release relay Hydraulic oil overheating relay Preglow power relay Quick-change device relay Relay terminal 15 Terminal 15 threaded pin M5 Terminal 30 threaded pin M6 Starter Front windscreen wiper motor Rear windshield wiper motor Front windscreen washer pump Heater blower motor Driver's seat compressor motor (optional) Emergency steering pump motor Rear windshield washer pump Air-conditioning fan motor (optional) Fuel supply segment field Coolant temperature segment field Preglow spark plug Tank encoder Field resistor (alternator) Ignition start switch Travel direction control lever Steering column switch Hazard warning system switch Parking light / driving light switch Front working floodlights switch Rear working floodlights (optional) switch Flashing beacon switch (optional) Emergency steering button Blower motor rotary switch Additional equipment button (optional) Rear wiper motor / washer pump switch Bucket return-to-dig switch Battery main switch Parking brake switch Float position switch Working hydraulics lock switch Air-conditioning switch (optional) Lift kick-out switch Quick change device switch (optional) Travel range button, neutral position Mode button (clock, travel speed, operating hours) 15-pin connector 12-pin connector 15-pin connector Starter extinguishing diode Radio aerial (optional) 9-pin connector 70-pin connector 11-pin connector 21-pin connector 15-pin MATE-N-LOK connector
4E 4E 6E 6E 1E 4B 2G 5D 1E 1A 1C 1G 7G 7H 7G 7H 8H 10H 7H 7H 3B 3B 2H 3H 2C 1B 4A 6B 6D 6D 8C 8C 8C 10D 7C 4A 7C 5C 1H 4C 5D 5C 7C 5C 5E 4B 3B 10B 9, 10 9, 10 1H 8F 1, 2 1 - 10 3, 4 3, 4 3, 5, 7, 8
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Machine view
3
1
1
2, 3 1
2, 3 2
1, 2, 3
2 2
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Electrical System
Service Manual
Electrical system with circuit diagrams
Item
Description
Step
X11 X140 X141 X16 X20 X22 X24 X25 X28 X37 X38 X40 X43 X44 X51 X53 X59 X60 X61 X63 X65 X66 X69 Y2 Y3 Y4 Y5 Y6 Y9 Y10 Y13 Y14 Y17 Y18 Y22 Y26 Y27 Y28
2-pin MATE-N-LOK connector 2x1-pin Fastin-Faston connector 2x1-pin Fastin-Faston connector 6-pin connector Socket 12-pin connector 9-pin connector 9-pin connector 6-pin connector 6-pin connector 8-pin connector 4-pin connector 6-pin connector 6-pin connector 9-pin connector 9-pin connector 2-pin connector 9-pin connector 2-pin connector 2-pin connector 1-pin connector 1-pin connector 2-pin connector Forward travel direction solenoid valve Reverse travel direction solenoid valve Cold start solenoid valve Motor stop solenoid Travel range 1 solenoid valve Bucket return-to-dig solenoid Parking brake solenoid valve Cooling system proportional valve Working hydraulics lockout solenoid valve Lift kick-out solenoid Float position solenoid (optional) Air-conditioning compressor magnetic coupling (optional) Travel direction detection solenoid valve Cold start solenoid valve Solenoid valve Quick change device (optional)
3, 5 8G 8G 5G-H 8D 6, 7, 8 6A 6C 7H 8F 8F 7D-G 6G-H 6G-H 5, 10 5E-F 2C 2C 6G 6G 6G 6G 1H 4H 4H 2H 2H 4H 5H 4H 9H 5H 5H 5H 7H 4H 1H 5H
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Machine view
1
1, 3 1, 3
3 1 3
3
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Service Manual
Electrical System Electrical system with circuit diagrams
1EGLMRIZMI[ PIJX
1EGLMRIZMI[ VMKLX
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Electrical System
Service Manual
Electrical system with circuit diagrams
1EGLMRIZMI[ EFSZI
Function description Circuit diagrams The circuit diagrams are divided into steps from 1 to 10. The following is a list of the steps and their main functions.
Overview: 1
Power supply: Battery, alternator, ignition starter switch, battery main switch, starter 2 Engine control: Engine stop, preglow, cold start solenoid valve, output speed sensor 3 Engine monitoring: Display unit A13, temperature switch, pressure switch, fuel level sensor 4 Travel drive: Display unit A13, travel hydraulics solenoid valve, parking brake solenoid valve, control levers S2 and S100 5 Working hydraulics: Switches, proximity switches, retaining solenoids 6 Lighting: Steering column switch, driving headlights, direction indicator system, horn 7 Wiper system: Front windscreen wipers, rear windscreen wipers, heating and air conditioning system 8 Lighting: Working floodlight, brake light, cab light, radio (optional) 9 Cooling system: Control electronics A1, temperature sensors, proportional solenoid valve, fan drive 10 Emergency steering system: Control electronics A1, emergency steering pressure switch, emergency steering pump, emergency steering switch The circuit diagram of the electrical system shows the functional procedures for the entire machine, including optional attachments. All components and
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Service Manual
Electrical System Electrical system with circuit diagrams
connectors are marked with a letter and number and shown with the appropriate symbols so that they are clearly identifiable. The components are also listed in the keys together with their names. The circuit diagrams are divided into steps (vertically separated sections), whereby one step may contain one or more functions. Power connections between the steps are indicated: The same letter combination, step (1-18) and coordinate (A-H) is given in the end.
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Electrical System
Service Manual
Electrical system with circuit diagrams
1 2 3
Power supply: Battery, alternator, ignition starter switch, battery main switch, starter Engine control: Engine stop, preglow, cold start solenoid valve, output speed sensor Engine monitoring: Display unit A13, temperature switch, pressure switch, fuel level sensor
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 A5 A13 B1 B4 B7 B9 B20 B20a CN3 CN5 CN6 CN8 CN12 CN13 D2 D7 D10 D15 D16 D50 D51 F01 F04 F30 F03 F4A F4C F5B F6B F8C F31 G1 G2 H2 H3 H4 H5 H6 H7 H8 H9 H10 H11 H12 H13 H19 H23 H25 H26 H27 H28
Description Control board LCD display for travel speed, operating hours, clock Display unit Travel gear speed sensor Air filter contamination vacuum switch Pressure switch for engine oil pressure Warning buzzer Coolant temperature thermo switch and sender unit Coolant temperature thermo switch / fuel quantity Green 12-pin connector Green 15-pin connector Yellow 15-pin connector White 4-pin connector White 12-pin connector Red 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 6 A diode 1 A diode 125 A main fuse (MEGA fuse) 50 A starter 50 A fuse terminal 15 (MEGA fuse) 125 A fuse, engine preglow (MEGA fuse) 7.5 A cold release valve fuse supply via D+ 3 A display unit fuse (battery +30) 5 A display unit fuse, K24a (ignition +15) 3 A Fuse buzzer, motor stop relay, preglow, KL.15, start release 10 A engine stop fuse, (MV injection pump L524, L534) 15 A Ignition start switch fuse Alternator with controller Batteries Preglow symbol field Forwards symbol field Engine oil pressure symbol field Working hydraulics lock symbol field Charge control symbol field Air filter contamination symbol field Emergency steering symbol field Reverse symbol field Direction indicator system symbol field Parking brake symbol field High beam driving light symbol field Engine overheating symbol field Braking system accumulator pressure symbol field Hydraulic oil overheating symbol field Travel range 1 symbol field Travel range 2 symbol field Safety belt symbol field Special function symbol field
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Step 1, 2, 3 3B 3A-B 2H 3H 3H 2E 3H 2H 1E 1, 2, 3 1, 2 1, 2 3E 1C 1D 1D 1D 1E 2B 2C 2C 1E 1C 1C 2G 1A 3A 2A 2A 2C 1C 1F 1G 3B 3A 3A 3B 3A 3B 3B 3A 3B 3A 3B 3B 3B 3A 3B 3B 3B 3B
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Electrical System
Service Manual
Electrical system with circuit diagrams
1 2 3
Power supply: Battery, alternator, ignition starter switch, battery main switch, starter Engine control: Engine stop, preglow, cold start solenoid valve, output speed sensor Engine monitoring: Display unit A13, temperature switch, pressure switch, fuel level sensor
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Service Manual
Electrical System Electrical system with circuit diagrams
Item K2 K2a K3 K4 K8 K27 K29 K31 KL15 KL30 M1 P3 P6 R3 R4 R5 S15 S1 S101 X1 X2 X3 X4 X10 X11 V1 X59 X60 X69 Y4 Y5 Y27
Description Engine start relay Engine start relay Engine stop relay Preglow and afterglow relay Ignition on supply relay Start release relay Preglow power relay Relay terminal 15 Terminal 15 threaded pin M5 Terminal 30 threaded pin M6 Starter Fuel supply segment field Coolant temperature segment field Preglow spark plug Tank encoder Field resistor (alternator) Battery main switch Ignition start switch Mode button (clock, travel speed, operating hours) 9-pin connector 70-pin connector 11-pin connector 21-pin connector 15-pin MATE-N-LOK connector 2-pin MATE-N-LOK connector Starter extinguishing diode 2-pin connector 9-pin connector 2-pin connector Cold start solenoid valve Motor stop solenoid Cold start solenoid valve
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Step 1C 1E 2E 2E 2B 1E 2G 1E 1A 1C 1G 3B 3B 2H 3H 2C 1H 1B 3B 1, 2 1, 2, 3 3C 3C 3B 3B 1H 2C 2C 1H 2H 2H 1H
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Electrical System
Service Manual
Electrical system with circuit diagrams
4
Travel drive: Display unit A13, travel hydraulics solenoid valve, parking brake solenoid valve, control levers S2 and S100
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 A13 B5 B6 B16 CN1 CN2 CN5 CN6 CN12 CN13 D6 D8 D9 D19 D22 D23 D25 D26 D28 D30 F5C K22 K22a K23 K23a K24 K24a K28 S2 S12* S17 S100 X2 X3 X4 Y2 Y3 Y6 Y10 Y26
Description Control board Display unit Parking brake pressure switch Hydraulic oil overheating thermo switch Backing up alarm Green 9-pin connector Green 9-pin connector Green 15-pin connector Yellow 15-pin connector White 12-pin connector Red 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 15 A travel hydraulics fuse Parking brake relay Travel lockout relay Forwards relay Forwards relay Reverse relay Reverse relay Hydraulic oil overheating relay Travel direction control lever Additional equipment button (optional) Parking brake switch Travel range button, neutral position 70-pin connector 11-pin connector 21-pin connector Forward travel direction solenoid valve Reverse travel direction solenoid valve Travel range 1 solenoid valve Parking brake solenoid valve Travel direction detection solenoid valve
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Step 4 4A 4D 4H 4H 4F 4F 4C 4D-E 4C-D 4A-D 4E 4C 4E 4E 4F 4F 4C 4E 4B 4B 4A 4E 4C 4E 4E 4E 4E 4B 4A 4A 4C 4B 4 4B 4B 4H 4H 4H 4H 4H
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Electrical System
Service Manual
Electrical system with circuit diagrams
Electric switching of the travel hydraulics
The travel hydraulics are controlled by means of the LH control lever, switch S100, the display unit and relays. Driving forwards If forward travel is selected on the travel switch S2, a positive signal is sent to the display unit connection X3 pin 3. The electronics in the display unit send a negative signal from output X4 pin 1 via the safety relay K23a to the travel direction relay K23 connection 85. When the parking brake is open, the pressure switch B5 closes and actuates the relay K22a. The energised relay K22a supplies positive voltage from fuse F5C to the travel direction relay K23. The relay K23 picks up and energises the forward travel solenoid valve Y2. The two safety relays K23a and K24a are controlled by fuse F5B via relay K8. When there is no power supply to the display unit, the control of both travel directions is also interrupted. Driving in reverse If reverse travel is selected on the control lever S2, a positive signal is sent to the display unit connection X3 pin 9. The electronics in the display unit send a negative signal from output X4 pin 2 via the safety relay K24a to the travel direction relay K24 connection 85. When the parking brake is open, the pressure switch B5 closes and actuates the relay K22a. The energised relay K22a supplies positive voltage from fuse F5C to the travel direction relay K24. The relay K24 picks up and energises the reverse travel direction solenoid valve Y3 on the pump and the travel direction detection solenoid valve Y26 on the travel motor. Switching between travel ranges 1 and 2 When the diesel engine is started, travel range 2 is always selected. If travel range 1 is selected on the lever S100, a positive signal is sent to the display unit connection X3 pin 8. The electronics in the display unit send a positive signal from output X4 pin 19 via the travel range 1 solenoid valve Y6 on the travel motor. When the travel range 1 solenoid valve Y6 is energised, the travel motor is held at the maximum pivot angle. If travel range 2 is selected on the control lever S2, a positive signal is sent to the display unit connection X4 pin 8. The output X4 pin 19 of the display unit becomes de-energised again, as does the travel range 1 solenoid valve Y6. When the travel range 1 solenoid valve Y6 is not energised, the travel motor can move from the maximum, to the minimum swivel angle. If the hydraulic oil overheats, the system automatically switches to travel range 1. If the hydraulic oil reaches a temperature above 100 °C, the temperature switch B6 closes. The temperature switch B6 switches the relay K28 and energises the travel range 1 solenoid valve Y6.
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Service Manual
Electrical System Electrical system with circuit diagrams
The machine continues moving in travel range 1 until the hydraulic oil temperature falls back below 100 °C. In this condition, the pilot lamps H25 and H26 for both travel ranges light up. Directional change lockout The directional change lockout is active at speeds above 13 km/h. If the driver attempts to change direction at a speed above 13 km/h, the pump is first switched to neutral. The speed is reduced when the pump is in the neutral position. When the speed is below 13 km/h, the travel direction is then changed.
How the parking brake switch S17 works
Parking brake switch S17 with switch positions 2, 0, 1 Position 1 (OFF) After the diesel engine is started, position 1 (OFF) must be briefly selected in order to release the brake. This safety procedure prevents accidental release of the brakes. When the ignition is switched on, voltage is present via the fuse F5C at the switch S17 connection 7 and at the relay K22 connection 30. If the switch S17 is moved to position 1 the contact in the switch closes connections 7 and 5, the relay K22 picks up, the contact on K22 closes a seal-in circuit and the connection to S17 connection 6. After the button on switch S17 is released, it is in position 0, connections 4 and 6 are connected and the solenoid valve Y10 is energised. At the same time, the pressure switch B5 closes and the relay K22a deactivates the travel lockout, which means the travel direction can be selected. The relay K22 remains energised by the seal-in circuit. The brake can be released even when the engine is not running, provided accumulator pressure is available. Position 0 In position 0 contacts 4 and 6 are connected and the brake is actuated. To open the brake again (parking brake OFF), the switch S17 must be switched to position 0 again. Position 2 (ON) In position 2 (ON) contacts 4 and 6 are connected and the brake is closed. If the switch S17 is actuated in position 2 (snap-in position) the connection to Y10 is broken, the parking brake closes and pressure switch B5 switches the travel direction to neutral.
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Electrical System
Service Manual
Electrical system with circuit diagrams
5
Working hydraulics: Switches, proximity switches, retaining solenoids
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 B15 B17 B30 CN7 CN9 CN10 CN12 D4 D5 D17 D18 D27 D52 D53 D55 F3A F4B F7C H29 K7 K17 K18 K30 S14 S18 S19 S22 S26 X2 X10 X11 X16 X51 X53 Y9 Y14 Y17 Y18 Y28
Description Control board Bucket return-to-dig inductive switch Lift kick-out inductive switch Quick-change device pressure switch White 15-pin connector Red 15-pin connector Red 15-pin connector White 12-pin connector 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 3 A diode 1 A diode 1 A diode 15 A lighting and switch illuminating fuse 7.5 A quick-change device fuse 7.5 A working attachment fuse Quick-change device symbol field Supply relay D+ Lift kick-out relay Bucket return-to-dig relay Quick-change device relay Bucket return-to-dig switch Float position switch Working hydraulics lock switch Lift kick-out switch Quick-change device switch 70-pin connector 15-pin connector 2-pin connector 6-pin connector 9-pin connector 9-pin connector Bucket return-to-dig solenoid Working hydraulics lockout solenoid valve Lift kick-out solenoid Float position solenoid (optional) Quick change device solenoid valve (optional)
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Step 5 5E 5E 5B 5 5 5 5B 5G 5F 5F 5G 5D 5E 5E 5E 5A 5A 5A 5C 5D 5F 5F 5D 5C 5D 5C 5C 5E 5D-F 5A-F 5B 5G-H 5C-F 5E-F 5H 5H 5H 5H 5H
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Electrical System
Service Manual
Electrical system with circuit diagrams
Electric switching of the working hydraulics
How the working hydraulics lockout switch S19 works Switch button position 1 (safety cut-off): In position 1 (button function) connections 7 and 5 are connected. When switch position 1 is selected the contact in the switch connects connections 7 and 5, and the battery directly supplies voltage to the solenoid valve Y14 (working hydraulics lockout). Current flow: batteries G2, fuse F1C, switch S19, connection 5 to solenoid valve Y14. As long as the button remains pressed in position 1 and there is pressure in the pilot control hydro accumulator, the lift arms can be lowered, whether the ignition is switched on or not. Switch position 0 (operating position) with the diesel engine running: (Terminal D+) voltage is present via relay K7 from fuse F7C at the switch S19 connection 4 and via connection 6 at the solenoid valve Y14, the valve opens and the pilot control unit is pressurised. Current flow: fuse F7C relay K7, switch S19 connection 4 switch S19 connection 6, solenoid valve Y14. Only when the ignition is on can the equipment not be lowered. Switch position 2 (OFF position, on-road travel): If switch S19 is actuated in position 2 (snap-in position) the connection to the solenoid valve Y14 is interrupted. In position 2 contacts 4 and 2 are connected. The working hydraulics lockout symbol field lights up. (Control via connections 4 and 2 in the switch S19). Connections of the inductive switches B15 and B17 1 Power supply (+) 2 N/C switch (output +signal) 3 Test connection (-) 4 N/O switch (output +signal) Automatic bucket return-to-dig function If the bucket return-to-dig switch S14 is switched on, current flows to the inductive proximity switch B15 (N/O). The proximity switch B15 is closed when activated. (N/O normally open switch) The relay K18 on the control unit A2 is activated and the solenoid Y9 on the pilot control lever is energised. If the pilot control lever is now fully moved to tilting in, the solenoid Y9 makes contact and the lever is held in position by the solenoid. The bucket is now tilted in until the proximity switch B15 switches off and the circuit to the solenoid Y9 is broken. The force of the spring returns the pilot control lever to the neutral position. The bucket remains in the horizontal position. Float position function If the float position switch S18 is switched on, current flows to the solenoid Y18 on the pilot control unit. If the pilot control lever is now fully moved to lowering, the solenoid Y18 makes contact and the lever is held in position by the solenoid.
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Service Manual
Electrical System Electrical system with circuit diagrams
When the spool valve is fully activated the bottom piston end of the lifting cylinder is connected to the rod side and the bucket position can adapt to uneven ground. Lift kick-out function (optional) If the lift kick-out switch S22 is switched on, current flows to the inductive proximity switch B17. The proximity switch B17 is closed when not activated. (NC = normally closed). The relay K17 on the control unit A2 is activated and the solenoid Y17 on the pilot control lever is energised. If the pilot control lever is now fully moved to lowering, the lever is held in position by the solenoid Y17. The lift arms move upwards until the proximity switch B17 switches off. The circuit to the solenoid Y17 is broken. The force of the spring returns the pilot control lever to the neutral position and the lifting movement is switched off.
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Electrical System
Service Manual
Electrical system with circuit diagrams
6
Lighting: Steering column switch, driving headlights, direction indicator system, horn
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 B10 CN1 CN3 CN4 CN5 CN10 CN11 CN12 CN13 CN14 D1 D11 D12 D13 D14 D21 D24 E3 E4 E6 E7 E14 F1A F1C F2A F2B F2C F5A F6A F6C H15 H16 H17 H18 K1 K25 K26 S3 S4 S6 X2 X22 X24 X25 X43 X44 X61 X63 X65 X66
Description Control board Horn Green 9-pin connector Green 12-pin connector Yellow 12-pin connector Green 15-pin connector Red 15-pin connector Purple 12-pin connector White 12-pin connector Red 12-pin connector Purple 15-pin connector 6 A diode 6 A diode 6 A diode 6 A diode 6 A diode 6 A diode 1 A diode Left driving headlight Right driving headlight Left tail light Right tail light Left/right number plate light 7.5 A high beam fuse, left 10 A hazard warning system fuse, interior lights, optional rotating beacon (optional) 7.5 A right high beam fuse 7.5 A fuse, driving light, left 7.5 A fuse driving headlight, right 3 A sidemarker light fuse, right 3 A sidemarker light fuse, left 15 A front washing pump and windscreen wiper, horn Front left indicator Front right indicator Rear left indicator Rear right indicator Indicator sensor relay Right indicator relay Left indicator relay Steering column switch Hazard warning system switch Parking light / driving light switch 70-pin connector 12-pin connector 9-pin connector 9-pin connector 6-pin connector 6-pin connector 2-pin connector 2-pin connector 1-pin connector 1-pin connector
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Step 6 6A 6F 6B-F 6A-F 6D 6A 6A 6E 6B 6A-E 6C 6C 6C 6E 6E 6E 6A 6G 6G 6G 6G 6G 6E 6A 6E 6E 6E 6E 6E 6A 6G 6G 6G 6G 6C 6E 6E 6B 6D 6D 6F 6F 6A 6C 6G-H 6G-H 6G 6G 6G 6G
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Electrical System
Service Manual
Electrical system with circuit diagrams
7
Wiper system: Front windscreen wipers, rear windscreen wipers, heating and air conditioning system
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 B26 B27 CN1 CN4 CN10 CN11 CN14 D3 D20 F3B F7A F8A K5 K14 K15 M2 M4 M3 M5 M9 M12 S11 S13 S21 X2 X10 X22 X28 X40 Y22
Description Control board Air-conditioning temperature switch (optional) Air-conditioning pressure switch (optional) Green 9-pin connector Yellow 12-pin connector Red 15-pin connector Purple 12-pin connector Purple 15-pin connector 1 A diode 1 A diode 7.5 A rear windshield wiper and washing system fuse 25 A air-conditioning fuse (optional) 15 A heater blower,air-conditioning fuse (optional) Relay windscreen wiper wash interval Air-conditioning coupling relay (optional) Air-conditioning fan relay (optional) Front windscreen wiper motor Front windscreen washer pump Rear windshield wiper motor Heater blower motor Rear windshield washer pump Air-conditioning fan motor (optional) Blower motor rotary switch Rear wiper motor / washer pump switch Air-conditioning switch (optional) 70-pin connector 15-pin connector 9-pin connector 6-pin connector 4-pin connector Air-conditioning compressor magnetic coupling (optional)
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Step 7 7C 7D 7B 7A 7A 7A-E 7B-F 7F 7F 7A 7A 7A 7C 7F 7F 7G 7G 7H 7H 7H 7H 7C 7C 7C 7E-G 7C-E 7F 7H 7D-G 7H
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Electrical System
Service Manual
Electrical system with circuit diagrams
8
Lighting: Working floodlight, brake light, cab light, radio (optional)
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A2 A3 B11 B12 CN4 CN9 CN11 CN13 CN14 E2 E10 E11 E12 E13 F1B F3C F8B H20 H21 H22 M7 S7 S8 S9 W1 X2 X10 X20 X22 X37 X38 X140 X141
Description Control board Radio (optional) Loudspeaker (optional) Brake light pressure switch Yellow 12-pin connector White 9-pin connector Purple 12-pin connector Red 12-pin connector Purple 15-pin connector Cab light with switch Front left working floodlight Front right working floodlight Rear left working floodlight (optional) Rear right working floodlight (optional) 7.5 A brake light fuse 20 A Working floodlight fuse 10 A fuse socket, radio, seat compressor Left brake light Right brake light Flashing beacon (optional) Driver's seat compressor motor (optional) Front working floodlights switch Rear working floodlights (optional) switch Flashing beacon switch (optional) Radio aerial (optional) 70-pin connector 15-pin MATE-N-LOK connector Socket 12-pin connector 6-pin connector 8-pin connector 2x1-pin Fastin-Faston connector 2x1-pin Fastin-Faston connector
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Step 8 8F 8G 8C 8B 8B 8B 8A 8B 8H 8H 8H 8H 8H 8A 8A 8A 8H 8H 8H 8E 8C 8C 8C 8F 8C 8B 8D 8E-F 8F 8F 8G 8G
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Electrical System
Service Manual
Electrical system with circuit diagrams
9
Cooling system: Control electronics A1, temperature sensors, proportional solenoid valve, fan drive
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A1 B8 B21 B31 ST2 ST3 X2 Y13
Description Control electronics Hydraulic oil temperature sensor Coolant temperature sensor Warning buzzer 12-pin connector 15-pin connector 70-pin connector Cooling system proportional valve
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Step 9B 9H 9H 9H 9B 9B 9G 9H
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Service Manual
Electrical system with circuit diagrams
10 Emergency steering system: Control electronics A1, emergency steering pressure switch, emergency steering pump, emergency steering switch
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Service Manual
Electrical System Electrical system with circuit diagrams
Item A1 A2 B3 B3A CN7 F02 F7B H24 M8 S10 ST1 ST2 ST3 X2 X51
Description Control electronics Control board Emergency steering pressure switch Emergency steering check pressure switch White 15-pin connector 200 A emergency steering pump (MEGA fuse) 7.5 A control electronics A1, emergency steering button Emergency steering symbol field Emergency steering pump motor Emergency steering button 15-pin connector 12-pin connector 15-pin connector 70-pin connector 9-pin connector
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Step 10B 10 10H 10H 10A 10G 10A 10D 10H 10D 10B 10B 10B 10G 10
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Service Manual
Electrical System Wiring harness
10.2 Wiring harnesses 10.2.1
Side cover switch wiring harness -(
:EPMHJSV
L512z L514
Design
7MHIGSZIVW[MXGL[MVMRKLEVRIWW D52 D53 D54 D55 H24 H29 S10 S13 S14 S18
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Quick-change device diode Quick-change device diode 6 A working hydraulics diode Quick-change device diode Emergency steering check signal lamp Quick-change device signal lamp Emergency steering pump button Rear wiper motor / washer pump switch Bucket return-to-dig switch Float position switch
S19 Working hydraulics switch S22 Lift kick-out switch S26 Quick-change device switch S101 Mode switch (clock, km/h, operating hours) X10 15-pin connector X11 2-pin connector X51 9-pin connector X53 9-pin connector for quickchange device diodes X58 2-pin connector for working hydraulics diode
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Electrical System
Service Manual
Wiring harness
10.2.2
Side cover switch wiring harness -(
:EPMHJSV
L512JVSQ L514JVSQ
Design
7MHIGSZIV[MVMRKLEVRIWW D52 Quick-change device diode D53 Quick-change device diode D55 Quick-change device diode H24 Emergency steering check signal lamp H29 Quick-change device signal lamp S10 Emergency steering pump switch S13 Rear wiper motor / washer pump switch S14 Bucket return-to-dig switch S18 Float position switch
10.2-2 of 14 MJFCIFSS
S19 Working hydraulics switch S22 Lift kick-out switch S26 Quick-change device switch S101 Mode switch (clock, km/h, operating hours) X10 15-pin connector X11 2-pin connector X51 9-pin connector X53 9-pin connector, diodes Quick-change device
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Service Manual
Electrical System Wiring harness
10.2.3
Cab wiring harness -(
:EPMHJSV
L512 L514
Design
'EF[MVMRKLEVRIWW 1 A2 CN1 CN2 CN6 CN7
Cab wiring harness Control board 9-pin connector 9-pin connector 15-pin connector 15-pin connector
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CN8 D56 F03 K4 K6 X1
4-pin connector Relay K6 extinguishing diode 50 A starter circuit fuse Preglow system relay Starter relay 9-pin connector
X2 X19 X42 X50
70-pin connector 8-pin connector 3-pin connector 9-pin connector to dashboard wiring
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Electrical System
Service Manual
Wiring harness
10.2.4
Dashboard wiring harness -(
:EPMHJSV
L512 L514
Design
(EWLFSEVH[MVMRKLEVRIWW 1 Cab ground point A2 Control unit A13 Display unit D50 6 Amp diode D51 1 Amp diode K5 Washer/wiper relay K23a Forwards safety relay K24a Reverse safety relay K30 Quick-change device relay R5 Alternator field resistor S1 Ignition start switch S2 Steering column switch S4 Hazard light switch S6 Driving light switch S7 Front working floodlights switch
S8 S17 S25 X3 X4 X10 X11 X16 X24
Rear working floodlights switch Parking brake switch Optional switch 11-pin display unit connector front view 21-pin display unit connector front view 15-pin right switch connector 2-pin right switch connector 6-pin right pilot control unit magnet connector 9-pin steering column switch connector
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X25 9-pin steering column switch connector X28 6-pin wiper motor connector X42 3-pin right pilot control unit magnet connector X45 2-pin field resistor connector X50 9-pin connector to cab wiring harness X51 9-pin connector to side cover switch wiring harness X59 2-pin field resistor connector X60 9-pin connector to relays K23a / K24a
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Service Manual
Electrical System Wiring harness
10.2.5
Heating wiring harness -(
:EPMHJSV
L512 L514
Design
,IEXMRK[MVMRKLEVRIWW 1 2 A2 B26
Cab ground point Permanent positive connection Control board Air-conditioning temperature switch CN12 Purple 12-pin connector M4 Front windscreen washer pump M5 Heater blower motor M9 Rear windshield washer pump S11 3 speed blower motor rotary switch
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
S21 X19 X20 X21
Air-conditioning switch 8-pin connector Socket 2-pin compressor seat connector X22 12-pin connector to cab roof 2-pin connector M4 X31 2-pin connector M9 X36 4-pin heater blower connector
10.2-5 of 14 MJFCIFSS
Electrical System
Service Manual
Wiring harness
10.2.6
Cab wiring harness -(
:EPMHJSV
L512JVSQ L514JVSQ
Note: The cab wiring FITTINGS and HEATING were integrated in the cab wiring harness.
Design
'EF[MVMRKLEVRIWW
10.2-6 of 14 MJFCIFSS
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Service Manual
Electrical System Wiring harness
1 2 B10 B26
Cab wiring harness Cab ground point Horn Air-conditioning temperature switch B31 Warning buzzer CN1 Green 9-pin connector CN2 Yellow 9-pin connector CN3 Green 12-pin connector CN4 Yellow 12-pin connector CN5 Green 15-pin connector CN6 Yellow 15-pin connector CN7 White 15-pin connector CN9 White 9-pin connector CN10 Red 15-pin connector CN11 Purple 12-pin connector CN12 White 12-pin connector CN13 Red 12-pin connector CN14 Purple 15-pin connector D51 1 Amp diode F04 50 A starter circuit fuse F30 Fuse terminal 15 15 A F31 Fuse Ignition start switch fuse 15 A GND Ground connection K2a Start relay 70 A K23a Forwards safety relay K24a Reverse safety relay K30 Quick-change device relay K31 Relay ignition start switch 70 A
KL.15 Terminal 15 K4/30 To relay preglow relay connection 30 K4/R To relay preglow relay connection R K5 Relay wiper washer interval M2 Front windscreen wiper motor M4 Front windscreen washer pump M5 Heating blower motor M7 Drivers seat compressor M9 Rear windshield washer pump R4 Tank encoder S1 Ignition start switch S2 LIEBHERR control lever button S4 Hazard warning system switch S6 Parking light, driving light switch S7 Front working floodlights switch S8 Rear working floodlights switch S11 3 speed blower motor rotary switch S17 Parking brake switch S21 Air-conditioning switch S100 Fast / slow switch ST1 Control electronics plug A1 red 15-pin connector ST2 Control electronics plug A1 white 12-pin connector ST3 Control electronics plug A1 white 15-pin connector
V30
Permanent positive connection X1 Connector to 9-pin main WH connector X2 Connector to 70-pin main WH connector X3 11-pin monitor connector X4 21-pin monitor connector X4/18 Spare input X10 Plug to wiring harness 15-pin switch bar X11 Plug to wiring harness 2-pin switch bar X16 6-pin right pilot control unit magnet connector X20 Socket X22 Connector to 15-pin cab WH connector X24 9-pin steering column switch connector X25 9-pin steering column switch connector X51 Plug to wiring harness 9-pin switch bar X59 2-pin field resistor connector X60 Plug diode D51 2-pin X68 Plug to WH engine preglow 1-pin
Plug pin assignment X1 plug
9-pin Deutsch-DRC / socket (to central wiring harness) R S T U V
X2 plug
Terminal 30 of F01 125A Ground connection Starter terminal 50 Free (blind plugs) Starter terminal 50
70-pin Deutsch-DRC / socket (to central wiring harness) 1 Terminal 61(D+) 2 Terminal W (Diesel motor speed signal) 3 Power supply solenoid valve quick change device (Y28) 4 Transmission input speed sensor (B1) 5 Preglow power relay (K29) 6 Vacuum switch for air filter contamination (B4)
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W Blind plugs X Magnet engine stop, coolant temperature thermo switch Y Blind plugs Z Blind plugs
36 Bucket return-to-dig relay (K18) 37 Inductive switch lift kick-out (B17) 38 Earth connection solenoid valve quick change device (Y28) 39 Free (blind plugs) 40 Working hydraulics lockout solenoid valve (Y14) 41 Right driving headlight (E4) 42 Left tail light (E6), left/right
10.2-7 of 14 MJFCIFSS
Electrical System
Service Manual
Wiring harness
7 Free middle ballast 8 Sender unit coolant temperature (B20) 9 Coolant temperature sensor (B20) 10 Pressure switch for engine oil pressure (B7) 11 temperature sensor hydraulic oil overheat (B6) 12 Free (blind plugs) 13 Free (blind plugs) 14 Cold start solenoid valve 15 Free (blind plugs) 16 Free (blind plugs) 17 Pressure switch for engine oil pressure (B12) 18 Free (blind plugs) 19 Right driving headlight (E3) 20 Right driving headlight (E4) 21 Right driving headlight (E3) 22 Right driving headlight (E4) 23 Free (blind plugs) 24 Back-up alarm (B16) 25 Reverse travel direction solenoid valve (Y3) 26 Travel direction detection solenoid valve (Y26) 27 Forward travel direction solenoid valve (Y2) 28 Power supply parking brake pressure switch (B5) 29 Switching signal (B5) to travel lockout relay (K22a) 30 Travel range 1 solenoid valve (Y6) 31 Parking brake solenoid valve (Y10) 32 Free (blind plugs) 33 Relay lift kick-out (K17) 34 Quick change device pressure switch (B30) 35 Inductive switch for bucket return-to-dig (B15) X3 plug
43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70
number plate light (E14) Free (blind plugs) Right driving headlight (E3) Right tail light (E7) Air-conditioning fan motor (M12) Air-conditioning fan motor (M12) Air-conditioning coupling relay (K14) and fan (K15) Air-conditioning pressure switch (B27) Air-conditioning compressor magnetic coupling (Y22) Front left indicator (H15) Rear left indicator (H17) Rear right indicator (H18) Front right indicator (H16) Terminal 15 (reserve) Emergency steering pump motor (M8) Free (blind plugs) Coolant temperature sensor supply (B21) Analog input coolant temperature sensor (B21) Hydraulic oil temperature sensor supply (B8) Analog input hydraulic oil temperature sensor (B8) Proportional valve cooling system (Y13) Emergency steering pressure switch (B3) Emergency steering check pressure switch input (B3a) Emergency steering check pressure switch supply (B3a) Free (blind plugs) Free (blind plugs) Free (blind plugs) Free (blind plugs) Free (blind plugs)
MARK II / 11-pin. socket (to display unit) (see 16.1.1 display unit)
X4 plug
MARK II / 21-pin. socket (to display unit) (see 16.1.1 display unit)
10.2-8 of 14 MJFCIFSS
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Service Manual
Electrical System Wiring harness
10.2.7
Cab roof wiring harness -(
:EPMHJSV
L512 L514
Design
'EFVSSJ[MVMRKLEVRIWW 1 2 A3 B11 E2 E10 E11 E12 E13
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Cab roof ground point Auxiliary loudspeaker connection (optional) Radio Loudspeaker (optional) Cab light with switch Front left working floodlight Front right working floodlight Rear left working floodlight (optional) Rear right working floodlight (optional)
H22 Flashing beacon (optional) M3 Rear wiper motor X22 12-pin connector to heating wiring harness X32 4-pin rear wiper connector X37 6-pin radio connector X65 2-pin direction indicator connection (optional) X66 2-pin direction indicator connection (optional)
10.2-9 of 14 MJFCIFSS
Electrical System
Service Manual
Wiring harness
10.2.8
Cab roof wiring harness -(
:EPMHJSV
L512JVSQ L514JVSQ
Design
'EFVSSJ[MVMRKLEVRIWW 1 A3 B11 E2 E10 E11 E12
Cab roof ground point Radio Loudspeaker (optional) Cab light with switch Front left working floodlight Front right working floodlight Rear left working floodlight (optional) E13 Rear right working floodlight (optional)
10.2-10 of 14 MJFCIFSS
H22 Flashing beacon (optional) M3 Rear wiper motor X22 12-pin connector to wiring harness X32 4-pin rear wiper connector X37 6-pin radio connector X65 2-pin connection (optional) X66 2-pin connection (optional)
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Service Manual
Electrical System Wiring harness
10.2.9
Central wiring harness -(
:EPMHJSV
L512 L514
Design
'IRXVEP[MVMRKLEVRIWWzJVSRXWIGXMSR AA
Connection to central wiring harness rear section B10 Horn B12 Brake light pressure switch
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B15 Bucket return-to-dig inductive switch B17 Lift kick-out inductive switch E3 Left driving headlight
E4 H15 H16 R4
Right driving headlight Left indicator Right indicator Fuel supply gauge
10.2-11 of 14 MJFCIFSS
Electrical System
Service Manual
Wiring harness
'IRXVEP[MVMRKLEVRIWWzVIEVWIGXMSR AA
Connection to central wiring harness front section 1 Rear section ground point 2 Cab floor ground point 3 Applies as of ser. no. 0705 4 Applies from ser. no. 0501 to 0704 B1 Travel gear speed sensor B3 Emergency steering pressure switch B3a Emergency steering check pressure switch B4 Air filter contamination vacuum switch B5 Parking brake pressure switch B6 Hydraulic oil overheating temperature switch B7 Pressure switch for engine oil pressure B8 Hydraulic oil temperature sensor B16 Backing up alarm
B20 Coolant temperature switch and sensor B20a 50 °C cold start temperature switch B21 Coolant temperature sensor E6 Left rear light E7 Right rear light F01 125 A main fuse F02 150 A emergency steering fuse G1 Alternator G2 Batteries H17 Rear left indicator H18 Rear right indicator H20 Rear left brake light H21 Rear right brake light K29 Preglow power relay M1 Starter M8 Emergency steering pump motor Y2 Forwards solenoid valve
1 0 . 2 - 1 2 of 1 4 MJFCIFSS
Y3 Y4 Y5 Y6 Y10 Y13 Y14 Y26 Y27 X1 X2 X27 X38 X40
Reverse solenoid valve Injection adjuster solenoid valve Motor stop solenoid valve Travel range 1 solenoid valve Parking brake solenoid valve Fan motor proportional solenoid valve Pilot control solenoid valve Travel direction detection solenoid valve Cold start solenoid valve 9-pin connector 70-pin connector 2-pin number plate lamp connector 2-pin air-conditioning compressor connector 4-pin air-conditioning pressure switch connector
L512 - 466 / 0501 - 8173 L514 - 467 / 0501 - 8173
Service Manual
Electrical System Wiring harnesses
10.2.10
Central wiring harness -(
:EPMHJSV
L512JVSQ L514JVSQ
Design
'IRXVEP[MVMRKLEVRIWWzJVSRXWIGXMSR 1 AA Connection to central wiring harness rear section 2 Pressure switch brake lights B12
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3 Inductive switch for bucket return-to-dig B15 4 Inductive lift kick out switch B17 5 Left-hand driving headlight E3
6 Right-hand driving headlight E4 7 Left flashing light H15 8 Right flashing light H16
10.2-13 of 14 MJFCIFSS
Electrical System
Service Manual
Wiring harnesses
'IRXVEP[MVMRKLEVRIWWzVIEVWIGXMSR 1 Rear section ground point 2 Cab floor ground point AA Connection to central wiring harness front section B1 Travel gear speed sensor B3 Emergency steering pressure switch B3a Emergency steering check pressure switch B4 Air filter contamination vacuum switch B5 Parking brake pressure switch B6 Hydraulic oil overheating temperature switch B7 Pressure switch for engine oil pressure B8 Hydraulic oil temperature sensor B16 Backing up alarm B20 Coolant temperature switch and sensor
B20a 50 °C cold start temperature switch B21 Coolant temperature sensor E6 Left rear light E7 Right rear light E14 2-pin number plate lamp connector F01 125 A main fuse F02 200 A emergency steering fuse G1 Alternator G2 Batteries H17 Rear left indicator H18 Rear right indicator H20 Rear left brake light H21 Rear right brake light K29 Preglow power relay M1 Starter M8 Emergency steering pump motor
10.2-14 of 14 MJFCIFSS
Y2 Y3 Y4 Y5 Y6 Y10 Y13 Y14 Y26 Y27 X1 X2 X40 Y22
Forwards solenoid valve Reverse solenoid valve Injection adjuster solenoid valve Motor stop solenoid valve Travel range 1 solenoid valve Parking brake solenoid valve Fan motor proportional solenoid valve Pilot control solenoid valve Travel direction detection solenoid valve Cold start solenoid valve 9-pin connector 70-pin connector 4-pin air-conditioning pressure switch connector 2-pin air-conditioning compressor connector
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Service Manual
Electrical System Control electronics A1
10.3 Control electronics A1 -( The control electronics A1 are fitted in the front of the right control panel. The control electronics A1 have the following main functions: Fan control Emergency steering pump control
Design
'SRXVSPIPIGXVSRMGW% H1 Green mains supply unit LED H2 Green mains control electronics LED H6 Red LED error output N20 H9 Red LED error output N24 H10 Red LED error output N25 H11 Red LED error output N26 H12 Red LED error output N27 H13 Red LED - coolant overheating (B21) H14 Green LED excess temperature hydraulic oil (B8) N20 Proportional valve fan N24 Additional function 1 N25 Additional function 2
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N26 Lift kick-out switch N27 Emergency steering pump Pot3 Maximum fan current Pot4 Minimum fan current Pot10 Zero reference sensor B8 Pot11 Amplification sensor B8 Pot12 Zero reference sensor B21 Pot13 Amplification sensor B21 ST1 15-pin male connector ST2 Sockets connector 12-pin ST3 Sockets connector 15-pin S1.1 Coding switch with no function S1.2 Coding switch with no function
10.3-1 of 4 MJFCIFSS
Electrical System
Service Manual
Control electronics A1
Plug pin assignment ST1 plug
Mate-N-Lok / 15-pin. male (to control electronics A1) 1 Supply 12 V (+) 2 Supply ground (-) 3 Battery charge indicator terminal 61 (+) 4 Unassigned 5 Unassigned 6 Unassigned 7 Unassigned 8 Warning reserve 1 (-)
ST2 plug
Warning reserve 1 (-) Warning reserve 1 (-) Warning reserve 2 (-) Unassigned Unassigned Additional function button 1 (+) unassigned 15 Additional function button 2 (+) unassigned
Mate-N-Lok / 12-pin. socket (to control electronics A1) 1 Input for emergency steering button (+) 2 Input for emergency steering pressure switch B3 (-) 3 Output for fan proportional valve Y13 4 Input for pressure switch B3a, check emergency steering (+) 5 Output for emergency steering check indicator light (H24)
ST3 plug
9 10 11 12 13 14
6 No function 7 Emergency steering pump output (+) 8 Output to warning buzzer B31 (+) 9 Unassigned 10 Additional function 1 switch output (+) unassigned 11 Switch output N26 (+) unassigned 12 Additional function 2 switch output (+) unassigned
Mate-N-Lok / 15-pin. socket (to control electronics A1) 1 2 3 4 5 6 7
Unassigned Unassigned Unassigned Unassigned Unassigned Unassigned Coolant temperature sensor B21 supply 8 Unassigned
9 Coolant temperature sensor B21 analogue input 10 Hydraulic oil temperature sensor B8 supply 11 Unassigned 12 Hydraulic oil temperature sensor B8 analogue input 13 Unassigned 14 Screen 15 Diesel engine-engine speed from terminal W generator
Function description Fan control The control electronics A1 regulate the fan speed. The following components affect the fan speed: 11 Power supply A1 from fuse F7b 12 Hydraulic oil temperature sensor B8 13 Coolant temperature sensor B21 14 Proportional magnet Y13 The two temperature sensors for the hydraulic oil B8 and coolant B21 regulate the current to the proportaional magnet Y13 via the control electronics A1. When it is not energised, the proportional valve Y13 is closed and the fan turns at the maximum engine speed.
10.3-2 of 4 MJFCIFSS
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Service Manual
Electrical System Control electronics A1
When the proportional magnet is fully energised (1.2 A) the fan turns at minimum speed. The higher the temperature or the resistance of the sensors, the lower the current at the proportional valve. If one of the two sensors detects overheating, the warning buzzer B31 sounds. Overheating coolant is indicated by the red LEDs H13 on the control electronics. Overheating hydraulic oil is indicated by the green LEDs H14 on the control electronics. Overheating or a fault on one of the two sensors B8 and B21 is indicated only by the two LED's H13, H14 and the warning buzzer B31. None of the indicator lamps on the display unit light up.
Emergency steering pump control The control electronics A1 switch on the emergency steering pump if the steering pump or the diesel engine fails. The following components affect the emergency steering pump: Power supply A1 from fuse F7b Emergency steering pressure switch B3 Pressure switch B3a, check emergency steering F02 fuse, 200 A S10 manual actuation button M8 emergency steering pump electric motor Emergency steering check
Every time the machine is started, the system checks whether the emergency steering pump is working. The emergency steering check is automatically initiated if the diesel engine -1 is constantly running above 650 min . The following tests are performed: The indicator light H24 lights up. The emergency steering pump M8 starts and pressure is built up in the steering circuit. If the pressure reaches 5 bar at the pressure switch B3a, the emergency steering pump is switched off again. If the indicator lamp H24 goes out, the emergency steering check has been successfully completed.
Emergency steering pump
If the diesel engine or the pump for the working hydraulics and steering system fails during operation, the pressure in the steering system (LS 2) falls below 5 bar and the negative signal from the pressure switch B3 to the control electronics A1 is interrupted. The emergency steering pump must turn itself on. The control electronics A1 automatically switch on the emergency steering pump for 50 seconds. At the same time, the indicator lamp H8 in the display unit A13 lights up. After the 50 seconds have passed, the emergency steering pump can be switched on again using the button S10. When overheating the emergency steering pump is switched off by the integrated thermo switch.
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1 0 . 3 - 3 of 4 MJFCIFSS
Electrical System
Service Manual
Control electronics A1
LED display The LEDs on the control electronics A1 display the following statuses: LED H1 lights up for normal supply (fuse F7B) LED H2 lights up if the voltage stabiliser is OK LED H6 lights up for short circuits or interruption at the control output N20 (fan magnet Y13) LED H9 lights up for short circuits or interruption at the control output N24 (attachment 1 has no function) LED H10 lights up for short circuits or interruption at the control output N25 (attachment 2 has no function) LED H11 lights up for short circuits or interruption at the control output 8LI 0)( PMKLXW YT [LIR XLI IRKMRI MW VYRRMRK N26 (lift kick-out) FIGEYWIXLIVIMWRSGSRWYQIVYRMXGSRRIGXIH LED H12 lights up for short circuits or interruption at the control output N27 emergency steering pump LED H13 lights up for overheating or interruption at the coolant temperature sensor B21 LED H14 lights up for overheating or interruption at the hydraulic oil temperature sensor B8
10.3-4 of 4 MJFCIFSS
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Service Manual
Electrical System Control board A2
10.4 Control board A2 -( The control board A2 is fitted in the back of the right control panel.
Design The control board A2 contains relays, fuses, diodes, the electronic indicator sensors and connectors.
'SRXVSPFSEVH%
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10.4-1 of 2 MJFCIFSS
Electrical System
Service Manual
Control board A2
F1a F2a F3a F4a F5a F6a F7a F8a F1b F2b F3b F4b F5b F6b F7b F8b F1c F2c F3c
7.5 A high beam fuse, left 7.5 A high beam fuse, right 15 A lighting and switch lighting fuse 7.5A cold start valve fuse Y27, supply via D+ 3 A sidemarker light fuse, right 3 A left sidemarker lamp fuse 25 A air-conditioning fuse (optional) 15 A heater blower fuse 7.5 A brake light fuse 7.5 A driving light fuse, left 7.5 A rear windshield wiper fuse 7.5 A quick-change device fuse 5 A monitor fuse (ignition +15) 3 A start/monitor preglow relay buzzer fuse 7.5 A additional electronics A1, fan, emergency steering fuse 10 A socket fuse (optional radio and compressor seat) 10 A hazard warning system, interior lighting, flashing beacon fuse 7.5 A right full beam fuse 25 A working floodlight fuse
F4c F5c F6c F7c F8c D1 D2 D3 D4 D5 D6 D7 D8 D9 D10 D11 D12 D13 D14 D15 D15 D16 D17 D18 D19 D20 D21 D22 D23 D23 D24 D25 D26 D27 D28 K1
3 A monitor fuse (battery +30) 15 A drive hydraulics fuse (backing up alarm) 15 A front window wiper/ washing system and horn fuse 7.5 A working attachment fuse 10 A motor stop fuse 6 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 3 A diode 3 A diode 3 A diode 3 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode 1 A diode Direction indicator relay
10.4-2 of 2 MJFCIFSS
K2a
Engine start relay (from ser. no. 564 the relay is external) K2 Engine start relay K3 Motor stop relay K7 Supply relay D+ K8 Ignition on supply relay (+15) K14 Air-conditioning relay K17 Lift kick-out relay K18 Bucket return-to-dig relay K22 Parking brake relay K22a Parking brake pressure switch relay K23 Forwards relay K25 Right indicator relay K26 Left indicator relay K27 Start release relay K28 Hydr. oil overheating relay 15 V V15 ignition on connection 30 V Connection V30 battery +30 GND Ground connection BZ Buzzer B9 CN1 Green 9-pin connector CN2 Yellow 9-pin connector CN3 Green 12-pin connector CN4 Yellow 12-pin connector CN5 Green 15-pin connector CN6 Yellow 15-pin connector CN7 White 15-pin connector CN8 White 4-pin connector CN9 White 9-pin connector CN10 Red 15-pin connector CN11 Purple 12-pin connector CN12 White 12-pin connector CN13 Red 12-pin connector CN14 Purple 15-pin connector
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Service Manual
Electrical System Battery installation
10.5 Battery installation The power supply voltage of the electrical system is 12 Volts.
Design
&EXXIV]MRWXEPPEXMSR 1 Batteries 2 Main fuse
3 Battery main switch
The batteries 1 are mounted in the left cab access. The two batteries are connected in parallel. The battery main switch 3 is located in the back of the engine compartment.
10.5.1
Battery -(
Technical data Description
L512 - 466 / from 0501 L514 - 467 / from 0501
Value Unit
Battery voltage
12 V
Battery capacity
88 Ah
Cold test current (at -18 °C EN)
680 A
Number of batteries
Two
10.5-1 of 2 MJFCIFSS
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*VSRX GEVHER WLEJX
0-)&,)66
SJ
7IVZMGI QERYEP
%\PIW X]VIW *VSRX E\PI
*VSRX E\PI -( 0E]SYX :EPMH JSV
0 -(
7IPJPSGOMRK HMJJIVIRXMEP (VMZI WLEJX JPERKI
%\PI GEWMRK ;LIIP LYF
8LI E\PI GSRWMWXW SJ XLI HMJJIVIRXMEP [MXL XETIVIH KIEV ERH XLI WIPJPSGOMRK HMJJIVIRXMEP ERH XLI TPERIXEV] JMREP HVMZI MR XLI [LIIP LYF ;LIIP LYFW EVI QSYRXIH SR XLI E\PI GEWMRK SR XETIVIH VSPPIV FIEVMRKW :EPMH JSV
0 -(
%\PI GEWMRK 7IPJPSGOMRK HMJJIVIRXMEP
(VMZI WLEJX JPERKI ;LIIP LYF
8LI E\PI GSRWMWXW SJ XLI HMJJIVIRXMEP [MXL XETIVIH KIEV ERH XLI WIPJPSGOMRK HMJJIVIRXMEP ERH XLI TPERIXEV] JMREP HVMZI MR XLI [LIIP LYF ;LIIP LYFW EVI QSYRXIH SR XLI E\PI GEWMRK SR XETIVIH VSPPIV FIEVMRKW
0JVSQ 0JVSQ
0-)&,)66
SJ
%\PIW X]VIW
7IVZMGI QERYEP
*VSRX E\PI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI FEWMG JYRGXMSRW SJ XLI E\PI EVI z -RGVIEWMRK ERH XVERWQMXXMRK XLI HVMZI XSVUYI z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
%\PI PYFVMGEXMSR 8LI E\PI LEW E GSQQSR SMP W]WXIQ 8LI SMP GLEQFIVW SR XLI HMJJIVIRXMEP ERH XLI [LIIP LYFW EVI PMROIH 3MP JMPPIV ERH HVEMR TPYKW EVI VIWTIGXMZIP] EXXEGLIH XS XLI [LIIP LYFW ERH XLI HMJJIVIRXMEP LSYWMRK
7IVZMGI FVEOI ERH TEVOMRK FVEOI 8LI WIVZMGI FVEOI ERH TEVOMRK FVEOI EVI SR XLI E\PI MRTYX 7II XLI HIXEMPIH HIWGVMTXMSR MR XLI w&VEOI W]WXIQx GLETXIV
;LIIP EXXEGLQIRX 8LI [LIIPW EVI JM\IH XS XLI [LIIP JPERKI SJ XLI [LIIP LYFW F] [LIIP RYXW 8LI [LIIPW EVI GIRXIVIH F] XLI WTLIVMGEP GSPPEV RYXW
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
8]TI
9RMXW
%46 4
0SGOMRK ZEPYI SJ XLI WIPJPSGOMRK HMJJIVIRXMEP ;LIIP PYK XMKLXIRMRK XSVUYI
2Q
;LIIP FEWI
QQ
(MJJIVIRXMEP VEXMS
;LIIP LYF VEXMS
8SXEP KIEV VEXMS
1EWW
OK
:EPYI
9RMXW
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI 8]TI
%46
0SGOMRK ZEPYI SJ XLI WIPJPSGOMRK HMJJIVIRXMEP ;LIIP PYK XMKLXIRMRK XSVUYI
SJ
0-)&,)66
2Q
0JVSQ 0JVSQ
7IVZMGI QERYEP
%\PIW X]VIW *VSRX E\PI
2EQI
:EPYI
2Q
;LIIP FEWI
QQ
(MJJIVIRXMEP VEXMS
;LIIP LYF VEXMS
8SXEP KIEV VEXMS
+VSSZIH RYX XMKLXIRMRK XSVUYI LYF
1EWW
9RMXW
OK
(MJJIVIRXMEP 0E]SYX
7IGXMSREP ZMI[ SJ XLI HMJJIVIRXMEP %\PI GEWMRK ,EPJ WLEJX 8ETIVIH VSPPIV FIEVMRK 0JVSQ 0JVSQ
3VMRK %\PI XETIVIH KIEV (MJJIVIRXMEP LSYWMRK
0-)&,)66
'VS[R [LIIP %HETXIV WPIIZI (MJJIVIRXMEP LSYWMRK
SJ
%\PIW X]VIW
7IVZMGI QERYEP
*VSRX E\PI
'SQTIRWEXMSR E\PI 'SQTIRWEXMSR XETIVIH KIEV 8LVYWX [EWLIV -RRIV HMWG 3YXIV HMWG 7LMQ 8ETIVIH VSPPIV FIEVMRK
'LIIWILIEH WGVI[ 6IXEMRMRK VMRK %\PI MRTYX WLEJX 8ETIVIH VSPPIV FIEVMRK 7TEGIV 8ETIVIH VSPPIV FIEVMRK 7LEJX WIEP VMRK
(IJPIGXSV (VMZI JPERKI ;EWLIV 6IXEMRMRK TPEXIW ,I\ RYX
*YRGXMSR HIWGVMTXMSR 7TIIH FEPERGI SJ XLI VMKLX ERH PIJX [LIIPW ;LIR XYVRMRK E GSVRIV XLI PIJX ERH VMKLX [LIIPW GSZIV HMJJIVIRX HMWXERGIW 8LI WTIIHW SJ XLI X[S [LIIPW EVI XLIVIJSVI EPWS HMJJIVIRX 8LI GSVVIGX WTIIH JSV IEGL [LIIP MW MRHYGIH F] XLI VSPPMRK GSRHMXMSR 8LI E\PI MRTYX WLEJX HIJMRIW XLI QIER WTIIH SJ XLI X[S TS[IV XEOISJJ WLEJXW ZME XLI GVS[R [LIIP 8LI GVS[R [LIIP HVMZIW XLI HMJJIVIRXMEP LSYWMRK ERH LIRGI JSYV JEGMRK GSQTIRWEXMSR XETIVIH KIEVW SJ XLI HMJJIVIRXMEP 8LIWI VIWX SR XLI XSSXL JEGIW SJ XLI EHNEGIRX E\PI XETIVIH KIEVW ERH XLYW HVMZI XLI TS[IV XEOISJJ WLEJXW 8LI GSQTIRWEXMSR XETIVIH KIEVW LEZI E FEPERGMRK JYRGXMSR ERH XYVR EFSYX XLIMV S[R E\IW XS GSQTIRWEXI JSV ZEVMSYW [LIIP XSVUYIW 8LI WTIIH VIHYGXMSR SJ SRI [LIIP MW GSQTIRWEXIH F] XLI MRGVIEWIH SJ XLI SXLIV [LIIP
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
%\PIW X]VIW *VSRX E\PI
:EPMH JSV
;LIIP LYF 0
7IGXMSREP ZMI[ SJ XLI [LIIP LYF
0JVSQ 0JVSQ
4PERIXEV] GEVVMIV 6MRK KIEV 4PYK 3VMRK 0EQMREXMSR WYTTSVX ,I\ WGVI[ 8LVYWX [EWLIV 7RET VMRK 7YR KIEV 8LVYWX [EWLIV ']PMRHIV VSPPIV FIEVMRK
0-)&,)66
4PERIXEV] TMRMSR ;LIIP WXYH 3VMRK ,YF 7LEJX WIEP VMRK &IPP ,EPJ WLEJX %\PI GEWMRK 8ETIVIH VSPPIV FIEVMRK 8ETIVIH VSPPIV FIEVMRK (S[IP
SJ
%\PIW X]VIW
7IVZMGI QERYEP
*VSRX E\PI
:EPMH JSV
;LIIP LYF 0
7IGXMSREP ZMI[ SJ XLI [LIIP LYF
SJ
%\PI GEWMRK 3VMRK ,YF GEVVMIV ']PMRHIV VSPPIV FIEVMRK 6MRK KIEV 4PYK 4PERIXEV] GEVVMIV &IPP &IEVMRK FYWLMRK
0-)&,)66
7YR KIEV 8LVYWX [EWLIV ']PMRHIV VSPPIV FIEVMRK 4PERIXEV] TMRMSR 7RET VMRK +VSSZIH RYX 7TEGIV 7LEJX WIEP VMRK (YWX KYEVH TPEXI
0JVSQ 0JVSQ
7IVZMGI QERYEP
%\PIW X]VIW 6IEV E\PI
6IEV E\PI -( 0E]SYX :EPMH JSV
0 -(
:EPMH JSV
7TIIH WIRWSV 8VERWJIV KIEV 3WGMPPEXMRK E\PI QSYRX (MJJIVIRXMEP
0 -(
%\PI GEWMRK 8VERWJIV KIEV (MJJIVIRXMEP
0JVSQ 0JVSQ
%\PI GEWMRK %\PI OMRKTMR FIEVMRK ;LIIP LYF
0-)&,)66
3WGMPPEXMRK E\PI QSYRX %\PI OMRKTMR FIEVMRK ;LIIP LYF
SJ
%\PIW X]VIW
7IVZMGI QERYEP
6IEV E\PI
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI FEWMG JYRGXMSRW SJ XLI E\PI EVI z -RGVIEWMRK ERH XVERWQMXXMRK XLI HVMZI XSVUYI z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
%\PI PYFVMGEXMSR 8LI SMP GLEQFIVW SR XLI HMJJIVIRXMEP ERH MR XLI XVERWJIV KIEV EVI PMROIH )EGL [LIIP LYF LEW MXW S[R SMP W]WXIQ 3MP JMPPMRK ERH HVEMR WGVI[W EVI JMXXIH SR XLI HMJJIVIRXMEP XLI XVERWJIV KIEV ERH XLI [LIIP LYFW
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
8]TI
9RMXW
%406 %:+
0SGOMRK ZEPYI SJ XLI WIPJPSGOMRK HMJJIVIRXMEP
;LIIP PYK XMKLXIRMRK XSVUYI
2Q
+VSSZIH RYX XMKLXIRMRK XSVUYI LYF
2Q
%RKPI SJ W[MRK %\PI WXIIVMRK ERKPI
;LIIP FEWI
(MJJIVIRXMEP VEXMS
;LIIP LYF VEXMS
8SXEP KIEV VEXMS [MXL %:+
1EWW
QQ
OK
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
8]TI
%406 %:+
0SGOMRK ZEPYI SJ XLI WIPJPSGOMRK HMJJIVIRXMEP ;LIIP PYK XMKLXIRMRK XSVUYI +VSSZIH RYX XMKLXIRMRK XSVUYI %RKPI SJ W[MRK
SJ
9RMXW
0-)&,)66
2Q
2Q
0JVSQ 0JVSQ
7IVZMGI QERYEP
%\PIW X]VIW 6IEV E\PI
2EQI
:EPYI
%\PI WXIIVMRK ERKPI
;LIIP FEWI
(MJJIVIRXMEP VEXMS
;LIIP LYF VEXMS
8SXEP KIEV VEXMS [MXL %:+
QQ
1EWW
9RMXW
OK
(MJJIVIRXMEP 0E]SYX
7IGXMSREP ZMI[ SJ XLI HMJJIVIRXMEP
%\PI GEWMRK ,EPJ WLEJX %\PI HVMZI LSYWMRK 8ETIVIH VSPPIV FIEVMRK %\PI MRTYX WLEJX 7TEGIV 8ETIVIH VSPPIV FIEVMRK 'SQTIRWEXMRK HMWG
0JVSQ 0JVSQ
-RRIV HMWG 3YXIV HMWG %\PI XETIVIH KIEV ,EPJ WLEJX 8ETIVIH VSPPIV FIEVMRK (S[IP %HETXIV WPIIZI 'VS[R [LIIP
0-)&,)66
'SQTIRWEXMSR XETIVIH KIEV 4PYK %\PI XETIVIH KIEV (MJJIVIRXMEP LSYWMRK 8ETIVIH VSPPIV FIEVMRK %HNYWXQIRX RYX 0SGOMRK TMR
SJ
%\PIW X]VIW
7IVZMGI QERYEP
6IEV E\PI
*YRGXMSR HIWGVMTXMSR 7TIIH FEPERGI SJ XLI VMKLX ERH PIJX [LIIPW ;LIR XYVRMRK E GSVRIV XLI PIJX ERH VMKLX [LIIPW GSZIV HMJJIVIRX HMWXERGIW 8LI WTIIHW SJ XLI X[S [LIIPW EVI XLIVIJSVI EPWS HMJJIVIRX 8LI GSVVIGX WTIIH JSV IEGL [LIIP MW MRHYGIH F] XLI VSPPMRK GSRHMXMSR 8LI E\PI MRTYX WLEJX HIJMRIW XLI QIER WTIIH SJ XLI X[S TS[IV XEOISJJ WLEJXW ZME XLI GVS[R [LIIP 8LI GVS[R [LIIP HVMZIW XLI HMJJIVIR XMEP LSYWMRK ERH LIRGI JSYV JEGMRK GSQTIRWEXMSR XETIVIH KIEVW SJ XLI HMJJIVIRXMEP 8LIWI VIWX SR XLI XSSXL JEGIW SJ XLI EHNEGIRX E\PI XETIVIH KIEVW ERH XLYW HVMZI XLI TS[IV XEOISJJ WLEJXW 8LI GSQTIRWEXMSR XETIVIH KIEVW LEZI E FEPERGMRK JYRGXMSR ERH XYVR EFSYX XLIMV S[R E\IW XS GSQTIRWEXI JSV ZEVMSYW [LIIP XSVUYIW 8LI WTIIH VIHYGXMSR SJ SRI [LIIP MW GSQTIRWEXIH F] XLI MRGVIEWIH SJ XLI SXLIV [LIIP
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
%\PIW X]VIW 6IEV E\PI
7XIIVMRK E\PI [LIIP LYF 0E]SYX
7IGXMSREP ZMI[ SJ XLI [LIIP LYF
,EPJ WLEJX 7RET VMRK &IEVMRK FYWLMRK 7LEJX WIEP VMRK &YWLMRK 'SZIV %\PI OMRKTMR FIEVMRK 9RMZIVWEP NSMRX %\PI OMRKTMR 7LMQ ,YF GEVVMIV 7LEJX WIEP VMRK ;LIIP EXXEGLQIRX
0JVSQ 0JVSQ
8ETIVIH VSPPIV FIEVMRK 7TEGIV 8ETIVIH VSPPIV FIEVMRK 7RET VMRK 8LVYWX [EWLIV *M\MRK VMRK 7RET VMRK 7YR KIEV 8LVYWX [EWLIV 4PERIXEV] TMRMSR ']PMRHIV VSPPIV FIEVMRK 7RET VMRK
+VSSZIH RYX ,YF 3VMRK ;LIIP WXYH 7IEPMRK VMRK 3VMRK 6SPP TMR %\PI OMRKTMR %\PI OMRKTMR FIEVMRK 8VEGO VSH EVQ %\PI GEWMRK
8LI [LIIPW EVI JM\IH XS XLI [LIIP JPERKI SJ XLI [LIIP LYFW F] [LIIP RYXW 8LI [LIIPW EVI GIRXIVIH F] XLI WTLIVMGEP GSPPEV RYXW
0-)&,)66
SJ
7IVZMGI QERYEP
%\PIW X]VIW 'EVHER WLEJXW
'EVHER WLEJXW -(
*VSRX GEVHER WLEJX 0E]SYX
*VSRX GEVHER WLEJX
*PERKI 9RMZIVWEP NSMRX &IEVMRK *PERKI ,I\ RYX
9RMZIVWEP NSMRX =SOI WLEJX 9RMZIVWEP NSMRX *PERKI
8LI GEVHER WLEJX GSRWMWXW SJ X[S WIGXMSRW 8LIWI EVI PMROIH F] XLI MRXIVQIHMEXI JPERKI )EGL WIGXMSR MW IUYMTTIH [MXL E YRMZIVWEP NSMRX SR XLI XVERWJIV KIEV SYXTYX ERH SR XLI JVSRX E\PI MRTYX % GIRXIVIH YRMZIVWEP NSMRX ERH E XIPIWGSTMG ]SOI WLEJX XS GSQTIRWEXI XLI PIRKXL EVI QSYRXIH SR XLI VIEV WIGXMSR %R MRXIVQIHMEXI FIEVMRK WYTTSVXW XLI JVSRX WIGXMSR SJ XLI GEVHER WLEJX
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
9RMJSVQMX] SJ XSVUYI XVERWQMWWMSR ;MXL GEVHER WLEJXW [MXL WMRKPI YRMZIVWEP NSMRXW XLI VSXEXMSR SJ XLI GSRRIG XSV XYFI FIX[IIR XLI X[S YRMZIVWEP NSMRXW MW RSX YRMJSVQ 8LMW MW EP[E]W XLI GEWI [LIR XLI YRMZIVWEP NSMRX LEW XS GSQTIRWEXI JSV ER ERKPI 8LMW TLIRSQIRSR MW EZSMHIH F] YWMRK E HSYFPI YRMZIVWEP NSMRX GEVHER WLEJX 8LI GSRRIGXSV XYFI RS[ XYVRW IZIRP]
8IGLRMGEP HEXE
0JVSQ 0JVSQ
2EQI
:EPYI
8]TI
+/2
1MR PIRKXL
0-)&,)66
9RMXW
QQ
SJ
%\PIW X]VIW
7IVZMGI QERYEP
'EVHER WLEJXW
2EQI
:EPYI
1E\ PIRKXL *PERKI FSPX XMKLXIRMRK XSVUYI 1EWW
SJ
QQ
2Q
0-)&,)66
9RMXW
OK
0JVSQ 0JVSQ
:ILMGPI JVEQI FEPPEWX [IMKLX 'LETXIV GSRXIRXW
0JVSQ 0JVSQ
:ILMGPI JVEQI FEPPEWX [IMKLX
:ILMGPI JVEQI
3WGMPPEXMRK E\PI QSYRX -(
%VXMGYPEXMSR PSGO -(
&EPPEWX [IMKLX -(
0-)&,)66
SJ
7IVZMGI QERYEP
:ILMGPI JVEQI FEPPEWX [IMKLX :ILMGPI JVEQI
:ILMGPI JVEQI 0E]SYX 8LI QEGLMRI JVEQI GSRWMWXW SJ XLI JVSRX ERH VIEV WIGXMSRW 8LIWI EVI PMROIH F] XLI EVXMGYPEXMSR FIEVMRK
1EMR GSQTSRIRXW SJ XLI QEGLMRI JVEQI *VSRX WIGXMSR 6IEV WIGXMSR
3WGMPPEXMRK E\PI QSYRX %VXMGYPEXMSR FIEVMRK
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI QEGLMRI JVEQI XVERWQMXW XLI JSVGIW JVSQ XLI PMJX EVQ XS XLI E\PIW 8LI JVEQI FIEVW EPP XLI OI] GSQTSRIRXW SJ XLI QEGLMRI WYGL EW XLI HMIWIP IRKMRI HVMZIV W GEF ERH XVERWJIV KIEV
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
:ILMGPI JVEQI FEPPEWX [IMKLX 3WGMPPEXMRK E\PI QSYRX
3WGMPPEXMRK E\PI QSYRX -( 0E]SYX 8LI SWGMPPEXMRK E\PI QSYRX MW MRWXEPPIH FIX[IIR XLI JVSRX ERH VIEV WIGXMSRW
%VXMGYPEXMSR FIEVMRK
0JVSQ 0JVSQ
*VSRX WIGXMSR 7[MZIP FIEVMRK 7YTTSVX VMRK 7RET VMRK 4MR &YWLMRK 4VIWWYVI JPERKI
0-)&,)66
1\ TVIWWYVI JPERKI GLIIWILIEH WGVI[ 1\ FIEVMRK GSZIV GLIIWILIEH WGVI[ &IEVMRK GSZIV 7IQTS^IPP WIEP 7LMQ 6IEV WIGXMSR
SJ
:ILMGPI JVEQI FEPPEWX [IMKLX
7IVZMGI QERYEP
3WGMPPEXMRK E\PI QSYRX
3WGMPPEXMRK E\PI QSYRX
1\ LI\ WGVI[ 7XVIXGLMRK FYWLMRK &EV 1IXEPIPEWXMG FPSGO
0SGOMRK TMR &IEVMRK FPSGO 6IEV WIGXMSR
*YRGXMSR HIWGVMTXMSR 8LI SWGMPPEXMRK E\PI QSYRX PMROW XLI JVSRX ERH VIEV WIGXMSR -X EPPS[W z 7XIIVMRK SJ XLI QEGLMRI F] XYVRMRK XLI QEGLMRI JVEQI XS XLI PIJX SV VMKLX z &EPERGMRK SJ XLI QEGLMRI F] XYVRMRK XLI JVSRX WIGXMSR XS[EVHW XLI VIEV WIGXMSR EVSYRH XLI PSKMXYHMREP E\MW SJ XLI ZILMGPI
8IGLRMGEP HEXE 2EQI
:EPYI
1\ GLIIWILIEH WGVI[ XMKLXIRMRK XSVUYI
2Q
1\ GLIIWILIEH WGVI[ XMKLXIRMRK XSVUYI
2Q
2Q
1\ LI\ WGVI[ XMKLXIRMRK XSVUYI
SJ
9RMXW
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
:ILMGPI JVEQI FEPPEWX [IMKLX %VXMGYPEXMSR PSGO
%VXMGYPEXMSR PSGO -( 0E]SYX
%VXMGYPEXMSR PSGO 7EJIX] FEV 4MR
7TVMRK GPMT
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI EVXMGYPEXMSR PSGO FPSGOW XLI EVXMGYPEXMSR NSMRX SJ XLI QEGLMRI 8LMW QIERW XLI WXIIVMRK SJ XLI QEGLMRI MW PSGOIH JSV I\EQTPI HYVMRK XVERW TSVXEXMSR
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
:ILMGPI JVEQI FEPPEWX [IMKLX &EPPEWX [IMKLX
&EPPEWX [IMKLX -( 0E]SYX 8LI FEPPEWX [IMKLX MW JEWXIRIH XS XLI VIEV WIGXMSR [MXL XLVII WGVI[W
0SGEXMSR SJ FEPPEWX [IMKLX &EPPEWX [IMKLX 7GVI[W
6IEV WIGXMSR
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
1EWW
1EXIVMEP 8MKLXIRMRK XSVUYI JSV 1 WGVI[W
9RMXW OK
'+
2Q
8IGLRMGEP HEXE :EPMH JSV
0 -( 2EQI
:EPYI
1EWW
1EXIVMEP 8MKLXIRMRK XSVUYI JSV 1 WGVI[W
0JVSQ 0JVSQ
0-)&,)66
9RMXW OK
'+
2Q
SJ
'IRXVEP PYFVMGEXMSR W]WXIQ 'LETXIV GSRXIRXW
'IRXVEP PYFVMGEXMSR W]WXIQ
0JVSQ 0JVSQ
'IRXVEP PYFVMGEXMSR -(
0-)&,)66
SJ
7IVZMGI QERYEP
'IRXVEP PYFVMGEXMSR W]WXIQ 'IRXVEP PYFVMGEXMSR
'IRXVEP PYFVMGEXMSR -( 0E]SYX 8LI GIRXVEP PYFVMGEXMSR GSRWMWXW SJ E GIRXVEP PYFVMGEXMRK VEMP 8LMW MW [IPHIH XS XLI PIJX WMHI SJ XLI QEGLMRI MR XLI EVXMGYPEXMSR EVIE SR XLI VIEV WIGXMSR
0YFVMGEXMRK VEMP SR XLI VIEV WIGXMSR 6IEV SWGMPPEXMRK E\PI QSYRX *VSRX SWGMPPEXMRK E\PI QSYRX
&SXXSQ WXIIVMRK G]PMRHIV
*YRGXMSR HIWGVMTXMSR &EWMG JYRGXMSR 8LI X[S GIRXVEP PYFVMGEXMRK VEMP MW HIWMKRIH XS VIEGL PYFVMGEXMSR TSMRXW [LMGL EVI SXLIV[MWI MREGGIWWMFPI
0JVSQ 0JVSQ
0-)&,)66
SJ
'SZIVMRK GEF EGGIWW 'LETXIV GSRXIRXW
0JVSQ 0JVSQ
'SZIVMRK GEF EGGIWW
'SZIVMRK -(
'EF EGGIWW -(
0-)&,)66
SJ
7IVZMGI QERYEP
'SZIVMRK GEF EGGIWW 'SZIVMRK
'SZIVMRK -( 0E]SYX
'SZIVMRK WIGXMSRW 'SZIV *VSRX QYH KYEVH PIJX ERH VMKLX )RKMRI GSQTEVXQIRX LSSH
)RKMRI GSQTEVXQIRX VIEV LEXGL
'SZIV 'SZIV
*VSRX WIGXMSR
8LI GSZIV MW JM\IH XS XLI JVSRX SJ XLI JVSRX WIGXMSR [MXL JSYV WGVI[W
0JVSQ 0JVSQ
0-)&,)66
SJ
'SZIVMRK GEF EGGIWW
7IVZMGI QERYEP
'SZIVMRK
*VSRX QYH KYEVH *VSRX QYH KYEVH
*VSRX WIGXMSR
8LI X[S JVSRX QYH KYEVHW EVI IEGL JM\IH F] WGVI[W XS XLI JVSRX WIGXMSR
)RKMRI GSZIV )RKMRI GSQTEVXQIRX LSSH 6IEV JVEQI
+EWJMPPIH WTVMRK 'PEQTMRK PIZIV
8LI IRKMRI GSQTEVXQIRX LSSH MW JM\IH [MXL WGVI[W XS XLI VIEV JVEQI %JXIV YRPSGOMRK XLI X[S GPEQTMRK PIZIVW XLI IRKMRI GSQTEVXQIRX LSSH GER FI STIRIH YT [MXL XLI EMH SJ XLI X[S KEWJMPPIH WTVMRKW
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
'SZIVMRK GEF EGGIWW 'SZIVMRK
6IEV WIGXMSR )RKMRI GSQTEVXQIRX VIEV LEXGL
6IEV JVEQI
8LI VIEV LEXGL MW JM\IH [MXL WGVI[W XS XLI VIEV JVEQI
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
'SZIVMRK GEF EGGIWW 'EF EGGIWW
'EF EGGIWW -( 8LI FVEGOIXW [IPHIH XS XLI GEF ERH XLI MRWMHI SJ XLI GEF HSSV LIPT XLI HVMZIV XS KIX MR ERH SYX SJ XLI ZILMGPI
0E]SYX
(VMZIV W GEF EGGIWW 'EF EGGIWW ERH I\MX EMH &EXXIV] GSQTEVXQIRX
'EF EGGIWW
8LI GEF EGGIWW MW JM\IH XS XLI PIJX WMHI SJ XLI VIEV WIGXMSR [MXL XLVII WGVI[W 8LI PS[IWX WXIT MW PMROIH XS XLI GEF EGGIWW F] X[S VYFFIV WYTTSVXW 8LI FEXXIV] GSQTEVXQIRX MW PSGEXIH FIX[IIR XLI WXITW
0JVSQ 0JVSQ
0-)&,)66
SJ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ 'LETXIV GSRXIRXW
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
'SRXVSP TERIP -(
(MWTPE] YRMX -(
7[MXGLIW SR XLI MRWXVYQIRX TERIP -(
7[MXGLIW SR XLI WMHI GSZIV -(
0, GSRXVSP PIZIV -(
0JVSQ 0JVSQ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
,IEXMRK ZIRXMPEXMSR -(
&PS[IV -(
,IEX I\GLERKIV -(
;EXIV ZEPZI -(
%MV JMPXIV -(
%MVGSRHMXMSRMRK W]WXIQ -(
;MRHWGVIIR [MTIV ERH [EWLIV W]WXIQ -(
0-)&,)66
SJ
7IVZMGI QERYEP
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ 0E]SYX 8LI GEF MW E WEJIX] GEF ERH LEW FIIR XIWXIH ERH GIVXMJMIH EGGSVHMRK XS 6347*347 VIKYPEXMSRW -X MW QSYRXIH SR GYWLMSRIH FIEVMRKW SR XLI VIEV WIGXMSR 8LI GEF MW IUYMTTIH [MXL LIEXMRK ERH ZIRXMPEXMSR W]WXIQW %GGIWW XS XLI GEF MW JVSQ XLI PIJXLERH WMHI SJ XLI QEGLMRI ZME XLI GEF EGGIWW ERH XLI PIJXLERH HSSV -R IQIVKIRGMIW MX MW TSWWMFPI XS I\MX XLVSYKL XLI HSSV SR XLI VMKLXLERH WMHI
(VMZIV W GEF SYXWMHI ZMI[
*VSRX [MRHWLMIPH [MTIV *VSRX [MRHWGVIIR 6MKLX GEF HSSV 7IEX [MXL WEJIX] FIPX %GGIWW XS IPIGXVSRMGW JYWIW ERH VIPE]W 6MKLX [SVOMRK JPSSHPMKLX %GGIWW XS GEFMR JVIWL EMV JMPXIV
0JVSQ 0JVSQ
6IEV [MRHWLMIPH [MTIV 6IEV [MRHWLMIPH 0IJX [SVOMRK LIEHPMKLX ,IEXMRK ERH FPS[IV GSRXVSP YRMX 0IJX I\XIVMSV QMVVSV 7LIPJ ERH WXS[EKI WTEGI %GGIWW XS [MRHWLMIPH [EWLIV XERO
0-)&,)66
(SSV PSGO 0IJX GEF HSSV (SSV PSGO 3YXPIX RS^^PIW %GGIWW EMH %HNYWXEFPI WXIIVMRK GSPYQR 3YXPIX RS^^PIW
SJ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
7IVZMGI QERYEP
(VMZIV W GEF WIIR JVSQ VMKLX
SJ
;SVOMRK JPSSHPMKLXW )\XIVMSV QMVVSV 0, GSRXVSP PIZIV (SSV PSGO (SSV PSGO
0-)&,)66
%GGIWW XS GEF EMV JMPXIV 7XEV KVMT WGVI[ 'PEQT %MV JPET PIZIV
0JVSQ 0JVSQ
7IVZMGI QERYEP
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
-RWMHI ZMI[ SJ XLI HVMZIV W GEF
6EHMS PSYHWTIEOIV 7YR ZMWSV -RXIVMSV QMVVSV 6EHMS STXMSREP -RXIVMSV MPPYQMREXMSR [MXL W[MXGL &VEOIMRGLMRK TIHEP 7XIIVMRK GSPYQR W[MXGL %HNYWXEFPI WXIIVMRK GSPYQR [MXL WXIIVMRK [LIIP 1SRMXSV 7XIIVMRK GSPYQR EHNYWXQIRX PIZIV
0JVSQ 0JVSQ
7XEVXIV W[MXGL +EW TIHEP %WLXVE] 0-)&,)66 GSRXVSP PIZIV 'SRXVSP PIZIV QSYRXMRK JSV ST XMSREP [SVOMRK JYRGXMSRW (SSV LERHPI VMKLXLERH HSSV %HNYWXEFPI EVQ VIWX 7[MXGLIW SR XLI WMHI GSZIV GSRXVSP GSRWSPI (VMZIVvW WIEX *YWI FS\
0-)&,)66
&S\ [MXL GSRXVSP IPIGXVSRMGW ERH VIPE]W :IRXMPEXMSR ZIRX EHNYWXQIRX PIZIV 6SYRH KPSZI GSQTEVXQIRX ,IEXIV GSRXVSPW :IRXMPEXMSR GSRXVSPW ,IEXMRKZIRXMPEXMSREMVGSRHM XMSRMRK SYXPIX RS^^PIW XSXEP 'MKEVIXXI PMKLXIV WSGOIX +PSZI GSQTEVXQIRX [MXL GSZIV
SJ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
'EF [MRHS[W
7IVZMGI QERYEP
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
%JXIV GLIGOMRK XLI TSWMXMSR SJ XLI TERIW EKEMR ETTP] WMPMGSR WIEP XS E PIRKXL SJ GQ EVSYRH XLI GSVRIVW SJ XLI GEF JVEQI SYXWMHI SRP] 8LMW MW RIGIWWEV] FIGEYWI XLI QSYRXMRK VYFFIV GER FI WPEGO EX XLMW TSMRX [LMGL QE] GEYWI PIEOW 8LIR XMKLXIR XLI JEWXIRMRK WGVI[W XS XLI GSVVIGX XSVUYI ERH VIQSZI XLI [SSHIR [IHKIW *MREPP] YWI ER MRWXEPPEXMSR XSSP XS MRWIVX XLI FIEHMRK 'YX MX XS XLI VMKLX PIRKXL NYWX FIJSVI ]SY JMRMWL MRWIVXMRK MX
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
0JVSQ 0JVSQ
0-)&,)66
SJ
7IVZMGI QERYEP
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ 'SRXVSP TERIP
'SRXVSP TERIP -( -QTSVXERX GSRXVSP ERH HMWTPE] IPIQIRXW EVI EVVERKIH MR XLI GSRXVSP TERIP 8LIMV PSGEXMSRW EVI HIXIVQMRIH F] IVKSRSQMG JEGXSVW )VKSRSQMG HIWMKR QIERW XLEX EPP EWTIGXW SJ GSQJSVX ERH WEJIX] EX XLI [SVOTPEGI EVI XEOIR MRXS EGGSYRX 8LMW QIERW JSV I\EQTPI XLEX WXIIVMRK ERH STIVEXMSR GER FI QEHI EW GSQJSVXEFPI EW TSWWMFPI F] EHNYWXMRK XLI WXIIVMRK GSPYQR ERH XLI HVMZIV W WIEX
0E]SYX
'SRXVSP TERIP 7XIIVMRK GSPYQR W[MXGL (MWTPE] YRMX 7[MXGLIW SR XLI MRWXVYQIRX TERIP 7XEVXIV W[MXGL 0-)&,)66 GSRXVSP PIZIV
0SGEXMSR JSV EHHMXMSREP STIVEX MRK PIZIV 'SRXVSP IPIGXVSRMGW 7[MXGLIW SR XLI WMHI GSZIV *YWI ERH VIPE] FS\
:IRXMPEXMSR ZIRX EHNYWXQIRX PIZIV ,IEXMRK GSRXVSP IPIQIRX :IRXMPEXMSR GSRXVSP IPIQIRX %MV GSRHMXMSRMRK GSRXVSP IPIQIRX STXMSREP
%HNYWXEFPI WXIIVMRK GSPYQR [MXL WXIIVMRK [LIIP ERH WXIIVMRK GSPYQR W[MXGL
8LI HMWTPE] YRMX LIEHPMKLX ERH JPSSHPMKLX W[MXGLIW ERH W[MXGLIW JSV XLI TEVOMRK FVEOI ERH LE^EVH [EVRMRK W]WXIQ EVI MRXIKVEXIH MR XLI WXIIVMRK GSRWSPI 8LI MKRMXMSR WXEVXIV W[MXGL MW TSWMXMSRIH SR XLI VMKLX WMHI SJ XLI WXIIVMRK GSRWSPI
6MKLX WMHI GSZIV GSRXVSP TERIP
8LI 0-)&,)66 GSRXVSP PIZIV MW QSYRXIH SR XLI VMKLX MR XLI WMHI GSZIV %R STXMSREP EHHMXMSREP GSRXVSP PIZIV GER FI MRWXEPPIH XS XLI VMKLX SJ XLEX 8LI SXLIV GSRXVSP IPIQIRXW MR XLI WMHI GSZIV EVI 7[MXGLIW ERH MRHMGEXSV PEQTW JSV XLI EXXEGLQIRX IQIVKIRG] WXIIVMRK [MRHWGVIIR [MTIVW ERH [EWLIVW ERH XLI QSHI W[MXGL 8LI GSRXVSP IPIGXVSRMGW % EVI PSGEXIH YRHIV XLI WMHI GSZIV 8LI XST WIGXMSR SJ XLI WMHI GSZIV GER FI HIXEGLIH
0JVSQ 0JVSQ
0-)&,)66
SJ
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ
7IVZMGI QERYEP
'SRXVSP TERIP
6IEV TEVX SJ XLI GSRXVSP TERIP
8LI VIEV TEVX SJ XLI WMHI GSZIV GSRXEMRW XLI GSRXVSP YRMX % [MXL XLI JYWIW ERH VIPE]W EW [IPP EW XLI PIZIV JSV EHNYWXMRK XLI EMV JPET 8LI TMR EWWMKRQIRX SJ XLI GSRRIGXSVW SR XLI GSRXVSP FSEVH MW HIWGVMFIH MR WIGXMSR SJ XLI w)PIGXVMGEP W]WXIQx 8LI GSRXVSP IPIQIRXW JSV XLI LIEXMRK ZIRXMPEXMSR ERH STXMSREP EMVGSRHMXMSR MRK EVI EVVERKIH MR XLI VIEV TEVX SJ XLI WMHI GSZIV 7II XLI w,IEXMRK ZIRXMPEXMSRx GLETXIV
(MWTPE] YRMX -( 8LI HMWTPE] YRMX MW MRXIKVEXIH MR XLI WXIIVMRK GSRWSPI ERH MW TEVX SJ XLI GSRXVSP TERIP 8LI HMWTPE] YRMX MRJSVQW XLI HVMZIV SJ XLI STIVEXMRK WXEXI SJ XLI QEGLMRI ERH TVSZMHIW [EVRMRKW JSV ZEVMSYW QEPJYRGXMSRW 7SQI QEPJYRGXMSRW EVI EPWS MRHMGEXIH [MXL ER EYHMFPI [EVRMRK WSYRH
0E]SYX
(MWTPE] YRMX *YIP WYTTP] WIKQIRX JMIPH FPEGO 'SSPERX XIQTIVEXYVI WIKQIRX JMIPH FPEGO 'LEVKI GSRXVSP W]QFSP JMIPH GSPSYV VIH )RKMRI SMP TVIWWYVI W]QFSP JMIPH VIH *SV[EVH XVEZIP HMVIGXMSR W]Q FSP JMIPH KVIIR 6IZIVWI XVEZIP HMVIGXMSR W]Q FSP JMIPH KVIIR ,]HVEYPMG SMP SZIVLIEXMRK W]QFSP JMIPH VIH
SJ
0-)&,)66
4EVOMRK FVEOI W]QFSP JMIPH VIH 0' HMWTPE] JSV XVEZIP WTIIH WIVZMGI LSYVW ERH XMQI ]IPPS[ 8VEZIP VERKI - W]QFSP JMIPH KVIIR 8VEZIP VERKI -- W]QFSP JMIPH KVIIR )RKMRI SZIVLIEXMRK W]QFSP JMIPH VIH 7TIGMEP JYRGXMSR W]QFSP JMIPH VIH 7EJIX] FIPX W]QFSP JMIPH ]IP PS[
0JVSQ 0JVSQ
7IVZMGI QERYEP
'EF LIEXMRK EMVGSRHMXMSRMRK W]WXIQ 'SRXVSP TERIP
;SVOMRK L]HVEYPMGW PSGOSYX W]QFSP JMIPH VIH 4VIKPS[ QSRMXSV W]QFSP JMIPH ]IPPS[ )QIVKIRG] WXIIVMRK W]QFSP JMIPH VIH ,MKL FIEQ W]QFSP JMIPH FPYI
&VEOI W]WXIQ EGGYQYPEXSV TVIWWYVI W]QFSP JMIPH VIH (MVIGXMSR MRHMGEXSV W]QFSP JMIPH KVIIR %MV JMPXIV GSRXEQMREXMSR W]QFSP JMIPH ]IPPS[
8LI HMWTPE] YRMX GSRXEMRW WIKQIRX ERH W]QFSP JMIPHW EW [IPP EW ER 0' HMWTPE] JSV XLI ZEVMSYW [EVRMRK SV HMWTPE] JYRGXMSRW
(MWTPE] YRMX VIEV ZMI[ -
YRMXW
0
SJ
0-)&,)66
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW &YGOIX
&YGOIX -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
9RMXW
& &YGOIX [MHXL
QQ
& 0SEHMRK HMQIRWMSR
QQ
QQ
0 0IRKXL [MXL XIIXL
QQ
0 0IRKXL [MXLSYX XIIXL
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
, ,IMKLX
8SSXLMRK z 92-> -
YRMXW
0
0-)&,)66
SJ
%XXEGLQIRXW EGGIWWSVMIW
7IVZMGI QERYEP
&YGOIX
&YGOIX -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
9RMXW
& &YGOIX [MHXL
QQ
& 0SEHMRK HMQIRWMSR
QQ
QQ
QQ
0 0IRKXL [MXLSYX XIIXL
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
, ,IMKLX 0 0IRKXL [MXL XIIXL
8SSXLMRK z 92-> -
9RMXW
0
SJ
0-)&,)66
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW &YGOIX
&YGOIX -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
9RMXW
& &YGOIX [MHXL
QQ
& 0SEHMRK HMQIRWMSR
QQ
, ,IMKLX
QQ
0 0IRKXL [MXL XIIXL
QQ
0 0IRKXL [MXLSYX XIIXL
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
8SSXLMRK z 92-> -
9RMXW
0
0-)&,)66
SJ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW *SVOPMJX
*SVOPMJX 8LI JSVOPMJX MW SRI SJ E ZEVMIX] SJ EXXEGLQIRXW [LMGL GER FI QSYRXIH SR XLI PMJX EVQ 8LI JSVOPMJX MW IMXLIV EXXEGLIH HMVIGXP] XS XLI PMJX EVQW SV ZME XLI UYMGO GLERKI HIZMGI 8LI JSPPS[MRK HIWGVMTXMSR VIJIVW XS XLI JSVOPMJX [MXL EHNYWXEFPI TVSRKW
0E]SYX 8LI JSVOPMJX GSRWMWXW SJ XLI JSVO GEVVMIV ERH EHNYWXEFPI JSVO TVSRKW
1EMR GSQTSRIRXW SJ XLI JSVOPMJX *SVO GEVVMIV
*SVO TVSRKW
8LI JSVO TVSRKW EVI EXXEGLIH XS XLI JSVO GEVVMIV ERH EVI WIGYVIH EKEMRWX WPMTTMRK [MXL XLI JSVO PSGO SR XLI YTTIV JSVO LSSO
0JVSQ 0JVSQ
0-)&,)66
SJ
%XXEGLQIRXW EGGIWWSVMIW
7IVZMGI QERYEP
*SVOPMJX
*SVOPMJX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
*SVO GEVVMIV TVSRK WM^I
SJ
9RMXW
*)1 ---
4VSRK PIRKXL
QQ
0 z 0IRKXL JSVO GEVVMIV TVSRKW
QQ
/ z *SVO GEVVMIV [MHXL
QQ
, z ,IMKLX JSVO GEVVMIV TVSRKW
QQ
;IMKLX JSVO GEVVMIV TVSRKW
OK
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW MR FYGOIX
MR FYGOIX 8LI MR FYGOIX MW SRI SJ WIZIVEP EXXEGLQIRXW [LMGL GER FI QSYRXIH XS XLI PMJXMRK EVQ 8LI MR FYGOIX MW EXXEGLIH XS XLI PMJX EVQ ZME XLI UYMGOGLERKI HIZMGI EW WXERHEVH -X GER FI YWIH JSV TYWLMRK EW [IPP EW I\GEZEXMRK ERH PSEHMRK WGVET KVMTTMRK E[O[EVH SFNIGXW JSV KVIEXIV HYQTMRK LIMKLXW EW ER I\GEZEXMRK FYGOIX ERH JSV HITSWMXMRK IEVXL [LIR STIRIH EW [IPP EW JSV KVEHMRK 8LI JSPPS[MRK HIWGVMTXMSR VIJIVW XS XLI MR FYGOIX [MXL XIIXL
0E]SYX 8LI FSXXSQ GYXXMRK IHKI GSQIW MR ZEVMSYW ZIVWMSRW HITIRHMRK SR XLI STIVEXMRK GSRHMXMSRW (IWMKR ZEVMERXW MRGPYHI z ;IPHIH XSSXL LSPHIV [MXL TPYKKIH SR XSSXL XMTW z WIGXMSR VIZIVWMFPI GYXXMRK FPEHI
1EMR GSQTSRIRXW SJ XLI MR FYGOIX &EGO SJ XLI FYGOIX &YGOIX JPET ,]HVEYPMG G]PMRHIV
8SSXL SV GYXXMRK FPEHI ,]HVEYPMG LSWI GSRRIGXMSR 5YMGOVIPIEWI GSYTPMRKW
8LI XSSXL XMT MW TPYKKIH SRXS XLI XSSXL LSPHIV ERH WIGYVIH [MXL E XVEZIVWI PSGOMRK TMR 8LI XSSXL LSPHIV MW [IPHIH XS XLI FSXXSQ GYXXMRK IHKI
*YRGXMSR HIWGVMTXMSR 8LI MR FYGOIX MW EGXMZEXIH YWMRK ER EHHMXMSREP GSRXVSP PIZIV 8LI FYGOIX JPET MW STIRIH ERH GPSWIH F] XLI L]HVEYPMG G]PMRHIVW 8LI L]HVEYPMG G]PMRHIV MW WYTTPMIH [MXL L]HVEYPMG SMP ZME L]HVEYPMG PMRIW JVSQ XLI [SVOMRK L]HVEYPMGW TYQT ZME XLI GSRXVSP FPSGO ERH XLI UYMGO VIPIEWI GSYTPMRKW ;LIR TVIWWYVI MW ETTPMIH XS XLI VSH WMHI SJ XLI G]PMRHIV TMWXSR XLI FYGOIX JPET MW STIRIH ;LIR TVIWWYVI MW ETTPMIH XS XLI FSXXSQ WMHI SJ XLI G]PMRHIV TMWXSR XLI FYGOIX JPET MW GPSWIH
0JVSQ 0JVSQ
0-)&,)66
SJ
%XXEGLQIRXW EGGIWWSVMIW
7IVZMGI QERYEP
MR FYGOIX
MR FYGOIX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
& &YGOIX [MHXL
QQ
, ,IMKLX
QQ
0 0IRKXL [MXL XIIXL
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
8SSXLMRK 92-> 1E\ TIVQMWWMFPI STIVEXMRK TVIWWYVI SJ EXXEGLQIRX L]HVEYPMGW
SJ
9RMXW
0-)&,)66
9RMXW FEV
0JVSQ 0JVSQ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW MR FYGOIX
MR FYGOIX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
& &YGOIX [MHXL
QQ
, ,IMKLX
QQ
0 0IRKXL [MXL XIIXL
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
8SSXLMRK 92-> 1E\ TIVQMWWMFPI STIVEXMRK TVIWWYVI SJ EXXEGLQIRX L]HVEYPMGW
0JVSQ 0JVSQ
9RMXW
0-)&,)66
9RMXW FEV
SJ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW 7MHI HYQT FYGOIX
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
0E]SYX
1EMR GSQTSRIRXW SJ XLI WMHI HYQT FYGOIX
&YGOIX FSH] 8]TI TPEXI &YGOIX FIEVMRK 'SRRIGXMSR PMRIW
,]HVEYPMG G]PMRHIV &YGOIX JVEQI 0SGO
8LI FSXXSQ GYXXMRK IHKI GSQIW MR ZEVMSYW ZIVWMSRW HITIRHMRK SR XLI STIVEXMRK GSRHMXMSRW (IWMKR ZEVMERXW MRGPYHI z &SXXSQ GYXXMRK IHKI [MXLSYX XIIXL z WIGXMSR VIZIVWMFPI GYXXMRK FPEHI
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
0-)&,)66
SJ
%XXEGLQIRXW EGGIWWSVMIW
7IVZMGI QERYEP
7MHI HYQT FYGOIX
7MHI HYQT FYGOIX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
& &YGOIX [MHXL
9RMXW
QQ
, ,IMKLX
QQ
0 z 0IRKXL
QQ
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
7TIGMJMG QEXIVMEP [IMKLX
8MPX SYX ERKPI XS XLI VMKLX 1E\ TIVQMWWMFPI STIVEXMRK TVIWWYVI SJ EXXEGLQIRX L]HVEYPMGW
HIKVIIW FEV
0
SJ
0-)&,)66
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW 7MHI HYQT FYGOIX
7MHI HYQT FYGOIX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
& &YGOIX [MHXL
QQ
, ,IMKLX
QQ
0 z 0IRKXL
QQ
XQ
,IETIH FYGOIX GETEGMX] -73
Q
;IMKLX
OK
7TIGMJMG QEXIVMEP [IMKLX
8MPX SYX ERKPI XS XLI VMKLX 1E\ TIVQMWWMFPI STIVEXMRK TVIWWYVI SJ EXXEGLQIRX L]HVEYPMGW
0JVSQ 0JVSQ
9RMXW
0-)&,)66
HIKVIIW FEV
SJ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW ,MKL HYQT FYGOIX
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
0E]SYX
1EMR GSQTSRIRXW SJ XLI LMKL HYQT FYGOIX &YGOIX GEVVMIV ,]HVEYPMG G]PMRHIV 'SRRIGXMSR PMRIW
+VIEWI JMXXMRK &YGOIX FSH]
8LI FSXXSQ GYXXMRK IHKI GSQIW MR ZEVMSYW ZIVWMSRW HITIRHMRK SR XLI STIVEXMRK GSRHMXMSRW (IWMKR ZEVMERXW MRGPYHI z &SXXSQ GYXXMRK IHKI [MXLSYX XIIXL z WIGXMSR VIZIVWMFPI GYXXMRK FPEHI
0JVSQ 0JVSQ
0-)&,)66
SJ
%XXEGLQIRXW EGGIWWSVMIW
7IVZMGI QERYEP
,MKL HYQT FYGOIX
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
SJ
0-)&,)66
0JVSQ 0JVSQ
7IVZMGI QERYEP
%XXEGLQIRXW EGGIWWSVMIW ,MKL HYQT FYGOIX
,MKL HYQT FYGOIX STXMSREP -( 8IGLRMGEP HEXE
1EMR HMQIRWMSRW 2EQI
:EPYI
9RMXW
& z &YGOIX [MHXL
QQ
& z 0SEHMRK HMQIRWMSR
QQ
, z ,IMKLX
QQ
0 z 0IRKXL [MXL GYXXMRK FPEHI
QQ
7TIGMJMG QEXIVMEP [IMKLX
XQ
&YGOIX GETEGMX] EW TIV -73
Q
OK
FEV
;IMKLX 1E\ TIVQMWWMFPI STIVEXMRK TVIWWYVI SJ EXXEGLQIRX L]HVEYPMGW
0
0-)&,)66
SJ