XUW0DKU
'$63$5$&+521$77(17$7
'HXWVFKH(UVWYHU|IIHQWOLFKXQJ 3ULQWHGLQ*HUPDQ\ 1RYHPEHU ...
49 downloads
417 Views
651KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
.XUW0DKU
'$63$5$&+521$77(17$7
'HXWVFKH(UVWYHU|IIHQWOLFKXQJ 3ULQWHGLQ*HUPDQ\ 1RYHPEHU
352/2* -DLP 6HFTXLQ VWDUUWH UHJORV DXI GLH ZHLH :DQG XQPLWWHOEDU YRU VHLQHP *HVLFKW ,Q ZHQLJHQ $XJHQEOLFNHQZUGHHVVRZHLWVHLQ (UKDWWHJHOHUQWVLFK]XEHKHUUVFKHQ'DV$QVWDUUHQGHU:DQGZDUHLQHGHU0HWKRGHQPLWGHQHQ HU YHUKLQGHUWH GD GLH (UUHJXQJ VHLQHU +HUU ZXUGH XQG LKQ ZRP|JOLFK LP HQWVFKHLGHQGHQ $XJHQEOLFNGD]XYHUDQODWHHLQHQ)HKOHU]XPDFKHQ(VZDUZLFKWLJVLFKEHKHUUVFKHQ]XN|QQHQ GHQQ HLQ )HKOHU EHGHXWHWH GHQ 7RG 'HU *HJQHU ZDU XQHUELWWOLFK HU ZDU ]XGHP LQWHOOLJHQW UHDNWLRQVVFKQHOOXQGWDWNUlIWLJ(UZXWHYRQGHQ,QWULJHQGLHJHJHQLKQJHVSRQQHQZXUGHQZHQQ HU DXFK VR KRIIWH -DLP 6HFTXLQ NHLQH $KQXQJ YRQ GLHVHP HLQHQ $QVFKODJ KDWWH GXUFK GHQ GLH ,QWULJHQEHHQGHWZHUGHQZUGHQLP6LQQHGHV,QWULJDQWHQGXUFKGLH$XVVFKDOWXQJGHV*HJQHUV (LQZLFKWLJHU0DQQGLHVHU*HJQHU6RODUPDUVFKDOO9HUDQWZRUWOLFKIUGLH$XVELOGXQJVlPWOLFKHU 2IIL]LHUHGHU6RODUHQ)ORWWH-XOLHQ7LIIORUHLQ0DQQGHUDOWHQ*DUGHGHUK|FKVWHLJHQKlQGLJGLH 6RODUH )ORWWH ]XP ZLUNVDPVWHQ 9HUWHLGLJXQJVLQVWUXPHQW JHPDFKW KDWWH GDV LQ GHU *HVFKLFKWH GHU ]LYLOLVLHUWHQ*DOD[LVMHPDOVYRUJHNRPPHQZDU6RODUPDUVFKDOO7LIIORUGHVVHQ:LGHUVWDQGGLH:HOW YHUGDQNWHGDGDV6H\PDU/XFKRZ*HVHW]YRUGHQ7UHQGHU2IIL]LHUVVFKXOHQKDOWPDFKWH 'DV 6H\PDU/XFKRZ*HVHW] YRU HWZD YLHU 0RQDWHQ YRQ GHU /HJLVODWLYH YHUDEVFKLHGHW VDK YRU GD LQ GHU %HDPWHQKLHUDUFKLH GHV 6RODUHQ ,PSHULXPV GHQ XQWHUVWHQ 5lQJHQ HLQ ZHLWJHVSDQQWHV 5HFKWGHU0LWEHVWLPPXQJLQ)UDJHQGHU6WHOOHQEHVHW]XQJGHU:HLWHUELOGXQJXQGGHU+RQRULHUXQJ GHU %HDPWHQ ]XILHO 'D QDFK LPSHULDOHP 5HFKW DXFK GLH %HUXIVRIIL]LHUH GHU 6RODUHQ )ORWWH LP %HDPWHQUDQJVWDQGHQZDUDOVVHOEVWYHUVWlQGOLFKDQJH QRPPHQ ZRUGHQ GD GLH 6H\PDU/XFKRZ$NWH DXFK DXI GLH )ORWWH $QZHQGXQJ ILQGHQ ZUGH 'LHVHU DQIDQJV VR XQEH]ZHLIHOWHQ 6HOEVWYHUVWlQGOLFKNHLW KDWWH MHGRFK 6RODUPDUVFKDOO 7LIIORU NXU]HUKDQGHLQ%HLQJHVWHOOW=ZDUVHLHQGLH2IIL]LHUH%HDPWHHUNOlUWHHUMHGRFKVHLHQVLH%HDPWH ]XUEHVRQGHUHQ9HUZHQGXQJQlPOLFK]XU9HUWHLGLJXQJGHV6RODUHQ,PSHULXPVXQGGHV)ULHGHQVLQ GHU 0LOFKVWUDH 'LH $XIJDEH GHV 3ULQ]LSV YRQ %HIHKO XQG *HKRUVDP ]XJXQVWHQ HLQHV 0LWVSUDFKHUHFKWV DOOHU PVVH QDWXUJHPl ]XU 6FKZlFKXQJ GHU )ORWWH XQG GDPLW ]XU *HIlKUGXQJ GHV)ULHGHQVIKUHQ(UKDWWHNHLQH0KHJHVFKHXWIUGLHVHVHLQH+\SRWKHVH%HZHLVPDWHULDODXV GHU *HVFKLFKWH GHU 0HQVFKKHLW XQG DQGHUHU 6WHUQHQ Y|ONHU ]X VDPPHOQ XQG HV VDK VR DXV DOV ZUGH HU EHL GHU PRUJHQ VWDWWILQGHQGHQ 'HEDWWH GHV *HVDPWSDUODPHQWV NHLQH 0KH KDEHQ GLH 0HKU]DKOGHU9|ONHUUDWVXQG6HQDWVPLWJOLHGHU]XVHLQHUhEHU]HXJXQJ]XEHNHKUHQ 0RUJHQ'DVZDUGHU-XQL 'LHVHQ7DJZUGH-XOLDQ7LIIORUQLFKWPHKUHUOHEHQ:HQLJVWHQVQLFKWDXIGLHVHU:HOW 'HU 9RUVWR GHU EHLGHQ $GPLQLVWUDWRUHQ 6H\PDU XQG /XFKRZ ZlUH ZHQQ 7LIIORU PRUJHQ GLH 'HEDWWH JHZDQQ ]X HLQHP )HKOVFKODJ JHZRUGHQ 'HQQ HV ZDU GHQ EHLGHQ DOV VLH GHQ *HVHW]HVYRUVFKODJ HLQEUDFKWHQ XP GLH )ORWWH JHJDQJHQ QLFKW XP GHQ %HDPWHQVWDQG LQ VHLQHU *HVDPWKHLW 'LH *UQGH ODJHQ DXI GHU +DQG 6H\PDU XQG /XFKRZ ZDUHQ GLH $GPLQLVWUDWRUHQ ]ZHLHU UHLFKHU :HOWHQ ,WXJDOOD XQG /HQJNXU GLH PLW GHP 6RODUHQ ,PSHULXP GXUFK ODQJIULVWLJH 9HUWUlJH YHUEXQGHQ ZDUHQ XQG VLFK DOV *HJHQOHLVWXQJ IU GLH *HZlKUXQJ JHZLVVHU 9RUWHLOH GD]X
YHUSIOLFKWHW KDWWHQ ELV ]XP -DKUH DXI DOOH 6HOEVWlQGLJNHLWVEHVWUHEXQJHQ ]X YHU]LFKWHQ ,WXJDOODXQG/HQJNXUZDUHQ1DFKEDUZHOWHQNDXPGUHLLJ/LFKWMDKUHYRQHLQDQGHUHQWIHUQW(VJDOW LQ5HJLHUXQJVNUHLVHQDOVRIIHQHV*HKHLPQLVGDGLH6H\PDU/XFKRZ$NWHHLQJHEUDFKWZRUGHQZDU LQ GHU $EVLFKW GLH 6RODUH )ORWWH LP /DXI ZHQLJHU -DKU]HKQWH VR ]X VFKZlFKHQ GD ,WXJDOOD XQG /HQJNXUGLH9HUWUlJHEUHFKHQNRQQWHQRKQHGDIUEHVWUDIW]XZHUGHQ -DLP6HFTXLQZXWHHVQLFKWDEHUHUYHUPXWHWHGD6H\PDUXQG/XFKRZDXFKGLH$XIWUDJJHEHU ZDUHQ GHQHQ HU VHLQH JHJHQZlUWLJH %HWlWLJXQJ YHUGDQNWH 0DQ ZDU VHKU YRUVLFKWLJ DQ LKQ KHUDQJHWUHWHQ 0DQ KDWWH LKP YRUJHUHFKQHW ZLH JHQDX PDQ VHLQH DQWLPLOLWDULVWLVFKH (LQVWHOOXQJ NHQQH 0DQ KDWWH LKP NODUJHPDFKW GD 6RODUPDUVFKDOO 7LIIORU GHU ([SRQHQW NRQVHUYDWLY PLOLWlULVFKHQ 'HQNHQV VHL XQG GD HV GHU :HOW ]XP 6HJHQ JHUHLFKHQ ZUGH ZHQQ HV JHOlQJH 7LIIORU]XEHVHLWLJHQ2QHLQDQ0RUGGHQNHPDQQLFKWZXUGHLKPVRJOHLFKYHUVLFKHUW(VJHEHGD QRFKGLH0HWKRGHGHVSDUDFKURQHQ7UDQVSRUWVLQGHUHUZLHPDQZLVVH([SHUWHVHL 0HKUDOVDOOHVDQGHUHKDWWHQ-DLP6HFTXLQMHGRFKGLHHLQKXQGHUWWDXVHQG6RODUEHU]HXJWGLHPDQ LKPDXV]X]DKOHQYHUVSUDFKVREDOG-XOLDQ7LIIORUYHUVFKZXQGHQZDU ,P /DXIH YRQ DQGHUWKDOE PKVDPHQ 0RQDWHQ KDWWH HU GLHVHV VHLQ 9HUVWHFN HLQJHULFKWHW HLQH NOHLQH .DPPHU GLH XQPLWWHOEDU XQWHU GHP $UEHLWV]LPPHU GHV 6RODUPDUVFKDOOV LQ GHP GHU gIIHQWOLFKNHLW ]XJlQJOLFKHQ %H]LUNV GHV .RPPDQGR]HQWUXPV ,PSHULXP$OSKD ODJ 8UVSUQJOLFK KDWWHVLHQXUHLQH)OOHDXWRPDWLVFKHU6FKDOWJHUlWHEHKHUEHUJW'LHVHKDWWHHULQPKVHOLJHU$UEHLW GXUFK0LNURVFKDOWXQJHQHUVHW]WGLHQXUHLQ+XQGHUWVWHOGHV5DXPHVEHDQVSUXFKWHQXQGLKP3ODW] IU GLH ,QVWDOOLHUXQJ GHU SDUDFKURQLVFKHQ $SSDUDWH OLHHQ (U KlWWH GDV :HUN QLFKW YROOEULQJHQ N|QQHQ ZHQQ HU QLFKW PLW GHQ $QODJHQ XQG (LQULFKWXQJHQ GLHVHV *HElXGHNRPSOH[HV VR EHUDXV YHUWUDXW JHZHVHQ ZlUH (U KDWWH HLQVW KLHU JHDUEHLWHW $OV PDQ LKQ ]X UHFKW ZLH -DLP 6HFTXLQ VHOEVWDPEHVWHQZXWH9HUIDVVXQJVIHLQGOLFKHU8PWULHEHEHVFKXOGLJWHKDWWHPDQLKPGLH:DKO JHODVVHQ VHLQH *HVLQQXQJ ]X lQGHUQ RGHU GHQ 6WDDWVGLHQVW ]X YHUODVVHQ (U KDWWH GDV OHW]WHUH YRUJH]RJHQ XQG ZDU JHJDQJHQ $EHU MHW]W ZDU HU ZLHGHU KLHU XQG GDQN VHLQHU *HVFKLFNOLFKNHLW ZUGHGLH:HOWPRUJHQDQGHUVVHLQDOVKHXWH 'LH .RQVROH GLH GHQ 3URMHNWRU GHV 3DUDFKURQ)HOGHV VWHXHUWH ZDU JHUDGH NOHLQ JHQXJ XP LQ GLHVHZLQ]LJH.DPPHU]XSDVVHQ'HU3URMHNWRUZDUHLQ*HVSLQVWYRQKDXFKGQQHQ'UlKWHQGDV HU XQWHU GHU 'HFNH PRQWLHUW KDWWH (U ZUGH GDV )HOG GXUFK GLH 'HFNH KLQDXI LQ 7LIIORUV $UEHLWVUDXPSURML]LHUHQZRHVVHLQ:HUNYHUULFKWHWH$OOHVNDPDXIGLHULFKWLJH=HLWHLQWHLOXQJDQ 7LIIORU PXWH YHUVFKZLQGHQ QRFK EHYRU HU GHQ HUVWHQ VHLQHU 8QWHUJHEHQHQ ]XU %HULFKWHUVWDWWXQJ HPSILQJ(VGXUIWHNHLQH$XJHQ]HXJHQGHV9RUJDQJVJHEHQ -DLP6HFTXLQVDKDXIGLH8KU'LH(UUHJXQJKDWWHVLFKLP/DXIHGHV1DFKGHQNHQVYHUIOFKWLJW(V ZDUZHQLJH$XJHQEOLFNHYRUDFKW8KUGHP=HLWSXQNW]XGHP-XOLDQ7LIIORUDQMHGHP7DJDQGHP HUVLFKDXIGHU(UGHEHIDQGVHLQ$UEHLWV]LPPHU]XEHWUHWHQSIOHJWH -DLP 6HFTXLQV +DQG QlKHUWH VLFK GHP 6FKDOWHU LP =HQWUXP GHU .RQVROH 'LH )LQJHU EHWDVWHWHQ YRUVLFKWLJGLHNKOHJODWWH.DQWHGHV3ODVWLNPDWHULDOVZlKUHQGGHU%OLFNDXIGHU8KUUXKWH (UZDUWHWHQRFKIQI]HKQ6HNXQGHQ'DQQYHUVWlUNWHVLFKGHU'UXFNGHU)LQJHUDXIGHQ6FKDOWHU 'HU%OLFNULVLFKYRQGHU8KUORVXQGNRQ]HQWULHUWHVLFKDXIGLH$UEHLWGLHGLH+DQG]XYHUULFKWHQ KDWWH'HU$XJHQEOLFNGHU(QWVFKHLGXQJZDUJHNRPPHQ 0LWHLQHPKHOOHQªNOLFN©NLSSWHGHU6FKDOWHUQDFKXQWHQ )DVWLPVHOEHQ$XJHQEOLFNEHJDQQGDV'UDKWJHVSLQVWGHV3URMHNWRUVKHOO]XJOKHQ'DVZDUGDV =HLFKHQ GD DOOHV SODQPlLJ DEOLHI 'LH JHZDOWLJHQ (QHUJLHQ GLH GHQ 3URMHNWRU GXUFKIOXWHWHQ HUKLW]WHQGLHGQQHQ'UlKWHXQGZUGHQVLHVFKOLHOLFK]XP6FKPHO]HQEULQJHQ,QGHP$XJHQEOLFN LQ GHP GHU HUVWH 'UDKW VFKPRO] EUDFK GDV 3DUDFKURQ)HOG ]XVDPPHQ 'DV ZDU JOHLFK]HLWLJ HLQH 6LFKHUXQJ JHJHQ GLH (QWGHFNXQJ GHV $QVFKODJV 'LH %HVHLWLJXQJ 7LIIORUV GHU 3DUDFKURQ 7UDQVSRUWSUR]H QDKP QXU GHQ NDXP PHEDUHQ %UXFKWHLO HLQHU 6HNXQGH LQ $QVSUXFK (U ZUGH DEJHVFKORVVHQVHLQEHYRUGHU3URMHNWRUXQGGDPLWGDV)HOG]XVDPPHQEUDFK -DLP 6HFTXLQ EOLFNWH LQ GLH +|KH XQG VDK ZHLJOKHQGH 0HWDOOWURSIHQ VLFK IRUPHQ %HYRU GHU HUVWHKHUDEILHOZDUHLQHUGHU'UlKWHGXUFKJHEUDQQW'HU(QHUJLHIOXK|UWVRIRUWDXI'DV*OKHQ HUORVFK(VZDUKHLJHZRU
GHQ-DLP6HFTXLQZLVFKWHVLFKGHQ6FKZHLYRQGHU6WLUQ 'DV:HUNZDUJHWDQ'HU*HJQHUZDUEHVHLWLJW$QVWHOOHYRQ(UOHLFKWHUXQJHPSIDQG-DLP6HFTXLQ (UVFK|SIXQJ(UEHXJWHVLFKYRUQEHUOHJWHGLH$UPHDXIGLH.RQVROHXQGEHWWHWHGHQ.RSIGDUDXI 0LQXWHQODQJYHUKDUUWHHULQGLHVHU3RVLWLRQGDQQHULQQHUWHHUVLFKDQVHLQH$XIJDEHQ 'LH3DUDFKURQ$SSDUDWXUPXWHDXVJHUlXPWGLHNOHLQH.DPPHUZLHGHULQLKUHQXUVSUQJOLFKHQ =XVWDQGYHUVHW]WZHUGHQ0DQZUGH7LIIORUV9HUVFKZLQGHQEDOGEHPHUNHQXQGLQGHU9HUZLUUXQJ GLH GDUDXIKLQ HQWVWDQG ZUGH HV LKP P|JOLFK VHLQ HLQLJH 7HLOH GHU $SSDUDWXU XQDXIIlOOLJ ]X HQWIHUQHQ (U PDFKWH VLFK DQ GLH $UEHLW (U ZDU JHUDGH GDEHL GDV .RQJORPHUDW HOHNWURQLVFKHU (OHPHQWH PLW HLQHP 7DVFKHQODVHU LQ KDQGOLFKH NOHLQH 6WFNH ]X ]HUVFKQHLGHQ GD K|UWH HU KLQWHU VLFKHLQ*HUlXVFK (VZDUHLQXQJODXEOLFKHV*HUlXVFKHLQHVGDVHUQLH]XK|UHQHUZDUWHWKDWWHVRODQJHHUVLFKLQ GHU.DPPHUEHIDQG 'LH7UKDWWHVLFKJH|IIQHW (UKRFNWHYRUGHQ5HVWHQGHU.RQVROHGHQ5FNHQGHU7U]XJHZDQGWLQGHUUHFKWHQ+DQGGHQ ZLQ]LJHQ/DVHUGHUVLFKDOV:DIIHQLFKWYHUZHQGHQOLH/DQJVDPGUHKWHHUVLFKXP)DVVXQJVORV KHIWHWHVLFKVHLQ%OLFNDXIGHQ0DQQGHUXQWHUGHU7UVWDQG'DV(QWVHW]HQZDUVRYROONRPPHQ GDHVPLWVSDVPDWLVFKHU.UDIWDXIGLH%HLQPXVNHOQHLQZLUNWH:LHYRQGHU)HGHUJHVFKQHOOWVFKR -DLP6HFTXLQDXVGHU+RFNHLQGLH+|KH (UVWDPPHOWHXQ]XVDPPHQKlQJHQGH:RUWH )U-XOLDQ7LIIORUZDU3QNWOLFKNHLWHLQHQDWUOLFKHDQJHERUHQH(LJHQVFKDIW0DQVDJWHYRQLKP HUVHLQLHPDOVLP/HEHQXQSQNWOLFKJHZHVHQ'DVZDUEHUWULH EHQ $EHU GRUW ZR VLFK LKP NHLQH XQYRUKHUVHKEDUHQ +LQGHUQLVVH HQWJHJHQVWHOOWHQ KDWWH HU QRFK QLHPDOVHLQH0LQXWHYHUVlXPW 6HLQ SQNWOLFKHV (UVFKHLQHQ LP .RPPDQGR]HQWUXP ZDU HLQH 6DFKH GHU *HZRKQKHLW QLFKW GHU 3ODQXQJ 8P VLHEHQ 8KU IQI]LJ SIOHJWH HU PLW GHP $XI]XJ DXV GHU XQWHULUGLVFKHQ *DUDJH NRPPHQGGDV*HElXGH]XEHWUHWHQ(WZDDFKW0LQXWHQYHUEUDFKWHHUPLWGHP5XQGJDQJGXUFKGLH %URUlXPHLQGHQHQVHLQ6WDEDUEHLWHWH'HVVHQ$UEHLWV]HLWEHJDQQHEHQIDOOVXPDFKW8KU7LIIORU XQWHUQDKP GLHVHQ 5XQGJDQJ QLFKW XP VLFK YRQ GHU $QZHVHQKHLW VHLQHU 8QWHUJHEHQHQ ]X EHU]HXJHQ (U ZDU HLQ 0DQQ GHQ /HLVWXQJ ZHLWDXV PHKU EHHLQGUXFNWH DOV GDV SODQPlLJH $EVLW]HQGHUEOLFKHQVHFKV%URVWXQGHQ(VKDWWHVLFKMHGRFKLP/DXIHGHU-DKUHLQVHLQHP%UR GLH6LWWHHQWZLFNHOWGD0LWJOLHGHUGHV6WDEHVGLHGLHQVWOLFKHRGHUSHUV|QOLFKH3UREOHPHPLWGHP &KHI ]X GLVNXWLHUHQ KDWWHQ GLHV YRU %HJLQQ GHU HLJHQWOLFKHQ $UEHLWV]HLW WXQ NRQQWHQ 8P GLHVHQ /HXWHQ*HOHJHQKHLW]XJHEHQVLFKDXV]XVSUHFKHQGHVZHJHQJLQJ-XOLDQ7LIIORUPRUJHQVGXUFKGLH $UEHLWVUlXPH $QGLHVHP0RUJHQODJNHLQ3UREOHPYRU(UEHWUDWXPVLHEHQ8KUDFKWXQGIQI]LJGDV9RU]LPPHU VHLQHVHLJHQHQ$UEHLWVUDXPHVXQGEHVSUDFKPLWGHPGRUWGLHQVWKDEHQGHQ0DMRULQNXU]HQ:RUWHQ HLQLJHGHU$XIJDEHQGLHDPKHXWLJHQ7DJH]XHUOHGLJHQZDUHQ*HQDXXPDFKW8KU|IIQHWHVLFKGLH 7U ]X VHLQHP $UEHLWV]LPPHU (U WUDW HLQ XQG ZDUI ]XQlFKVW ZLH HU HV JHZRKQW ZDU HLQHQ %OLFN GXUFK GDV ZHLWH )HQVWHU GDV QDFK 1RUGHQ XQG 1RUGRVWHQ KLQ GDV *HElXGHJHZLUU GHU 6WDGW 7HUUDQLD&LW\EHUEOLFNWH(UZROOWHVLFKJHUDGHDEZHQGHQGDJLQJPLWGHP$XVEOLFNHLQHVHOWVDPH 9HUlQGHUXQJYRUVLFK 'LH 8PULVVH GHU 6WDGW EHJDQQHQ VLFK ]X YHU]HUUHQ 'LH .RQWXUHQ GHU +RFKKlXVHU ZDFNHOWHQ KLQ XQG KHU XQG GLH *UQIOlFKHQ GHU 3DUNV YHUVFKZDPPHQ LQHLQDQGHU (LQ 6FKZLQGHOJHIKO HUJULII -XOLDQ7LIIORU(VZDULKPDOVVWU]HHULQGLH7LHIH8QWHUGHP(LQIOXGHU6FKZHUHORVLJNHLWKRE VLFKLKPGHU0DJHQ'DVDOOHVGDXHUWH QXU %UXFKWHLOH YRQ 6HNXQGHQ (V ZDU VR YHUZLUUHQG GDHU VSlWHU QLFKW PHKU ZXWH LQ ZHOFKHU
5HLKHQIROJHHUGLHHLQ]HOQHQ(LQGUFNHHPSIDQJHQKDWWH 'DV OHW]WH XQG EOHLEHQGH *HIKO ZDU GDV YRQ .lOWH XQG ZHKHQGHP :LQG (U |IIQHWH GLH $XJHQ XQGHUNDQQWHGDHUDXIHLQHPHEHQHQ)HOGVWDQGHLQHPEHDUEHLWHWHQ)HOGGHQQGLHVFKQXUJHUDGHQ /LQLHQGLHVLFKYRQHLQHPGVWHUHQZRONHQYHUKDQJHQHQ+RUL]RQWELV]XPlQGHUQ]RJHQNRQQWHQ QLFKWV DQGHUHV VHLQ DOV $FNHUIXUFKHQ 'HU :LQG EOLHV EHU GLH (EHQH XQG WUXJ ZLQ]LJH NDOWH :DVVHUWURSIHQ PLW VLFK 'LH *HJHQG ZDU NDKO $P 5DQGH GHV *HVLFKWVNUHLVHV VDK HU %HUJH DXIVWHLJHQ,KUH+lXSWHUZDUHQYRQ:RONHQYHUKOOW (LQHQ $XJHQEOLFN VWUlXEWH HU VLFK JHJHQ GLH QLHGHUVFKPHWWHUQGH (UNHQQWQLV GLH VLFK LKP DXIGUlQJHQZROOWH'DQQVLHJWHGLH9HUQXQIW(UZXWHZDVPLWLKPJHVFKHKHQZDU (UZDUGDV2SIHUHLQHV3DUDFKURQ$WWHQWDWVJHZRUGHQ (U IURU DOV HU VLFK VFKUlJ ]XP :LQG EHU GHQ XQHEHQHQ %RGHQ YRUZlUWVNlPSIWH (U JODXEWH LQ 5LFKWXQJ DXIGLH%HUJHKLQ HLQHGXQNOH/LQLH JHVHKHQ]XKDEHQGLHZDKUVFKHLQOLFK DXVQLHGHUHP *HEVFKEHVWDQGXQGGLH%HJUHQ]XQJGHVVFKHLQEDUXQHQGOLFKHQ)XUFKHQPHHUHVELOGHWH(UIUDJWH VLFKZRHUJHODQGHWZDU 'LH $UW LQ GHU GHU %RGHQ EHDUEHLWHW ZXUGH GHXWHWH DXI HLQH SULPLWLYH =LYLOLVDWLRQ KLQ $XI GHU (UGH ZDU GDV 8PZHQGHQ GHV %RGHQV GDV GHU $FNHUNUXPH HUP|JOLFKWH 6DXHUVWRII XQG 6WLFNVWRII DXV GHU /XIW DXI]XQHKPHQ VFKRQ VHLW YLHU]HKQKXQGHUW -DKUHQ DXHU 0RGH JHNRPPHQ (V JDE ZLUNVDPHUH0HWKRGHQ 3DUDFKURQ7UDQVSRUWH ZDUHQ %HZHJXQJVYRUJlQJH YRQ HLQHU %H]XJVHEHQH ]XU lQGHUQ YRQ HLQHP 8QLYHUVXP ]XP lQGHUQ 'DV 6FKODJZRUW ªSDUDFKURQ© ªQHEHQ GHU =HLW KHU© ZDU JHSUlJW ZRUGHQ ZHLO QDFK GHQ QHXHVWHQ (UNHQQWQLVVHQ GHU :LVVHQVFKDIW GDV PHQVFKOLFKH =HLWHPSILQGHQ HLQH VXEMHNWLYH5HDNWLRQGHV%HZXWVHLQVDXIGLHLPPHUZlKUHQGH9HUVHW]XQJYRQHLQHU]XUXQPLWWHOEDU EHQDFKEDUWHQ %H]XJVHEHQH GDUVWHOOWH 'LH 1DWXU NDQQWH GLH =HLW QLFKW QXU GDV 1HEHQHLQDQGHU GHU XQJHKHXUHQDEHUHQGOLFKHQ=DKOP|JOLFKHU8QLYHUVHQ (U JODXEWH DXFK ]X ZLVVHQ ZHP HU GLHVHV 6FKLFNVDO YHUGDQNWH $XI GHU :HOW GLH HU VRHEHQ YHUODVVHQ KDWWH KlWWH LQ NDXP PHKU DOV YLHUXQG]ZDQ]LJ 6WXQGHQ HLQH 'HEDWWH EHJRQQHQ GHUHQ (QGHUJHEQLV JHZHVHQ ZlUH GD GDV 6H\PDU/XFKRZ*HVHW] DXI GLH 6RODUH )ORWWH XQG LKUH 2IIL]LHUH NHLQH $QZHQGXQJ IDQG (U ZXWH GD HU VLFK PLW GHP %HPKHQ GLH )ORWWH YRU GLHVHP *HVHW]]XEHZDKUHQELWWHUH)HLQGHJHVFKDIIHQKDWWH6HLQ6WDEZDUHLQLJHQ,QWULJHQVHLQHU)HLQGH DXI GLH 6SXU JHNRPPHQ XQG KDWWH HV YHUVWDQGHQ VLH ]X HQWVFKlUIHQ $EHU GHU *HJQHU KDWWH QLFKW JHUXKW 8P VHLQ =LHO ]X HUUHLFKHQ KDWWH HU VFKOLHOLFK GDIU JHVRUJW GD GHU XQEHTXHPH :LGHUVDFKHUDXVGHU:HOWYHUVFKZDQG 8P HLQHQ 3DUDFKURQ7UDQVSRUW ]XVWDQGH ]X EULQJHQ EUDXFKWH PDQ HLQ 3DUDFKURQ)HOG GDV YRQ HLQHP3URMHNWRUDEJHVWUDKOWZXUGH3DUDFKURQ3URMHNWRUHQZDUHQYRQQRWRULVFKNXU]HU5HLFKZHLWH ZLH EHUKDXSW SDUDFKURQH (QHUJLHQ LP 9HUJOHLFK ]X DQGHUHQ (QHUJLHIRUPHQ lXHUVW NXU]H 5HLFKZHLWHQ EHVDHQ 'HU 3URMHNWRU PXWH VLFK DOVR LQ XQPLWWHOEDUHU 1lKH VHLQHV $UEHLWVUDXPV EHIXQGHQKDEHQ (U HUUHLFKWH GHQ 5DQG GHV ULHVLJHQ $FNHUV XQG VXFKWH VLFK HLQHQ 3ODW] ZR LKP GDV *HEVFK 6FKXW] YRU GHP XQDEOlVVLJHQ %ODVHQ GHV IHXFKWLJNHLWVJHWUlQNWHQ :LQGHV ERW 'RUW KRFNWH HU VLFK DXI GHQ %RGHQ (LQH =HLWODQJ EHUGDFKWH HU GLH 0|JOLFKNHLW GD HU QLFKW SDUDFKURQWUDQVSRUWLHUW VRQGHUQ QXU K\SQRWLVLHUW ZRUGHQ VHL $EHU HU PXWH GHQ *HGDQNHQ VFKOLHOLFK ZLHGHU YHUZHUIHQ -HPDQG GHU VHOWVDPH (LQGUFNH IU GDV (UJHEQLV K\SQRWLVFKHU %HHLQIOXVVXQJ KlOW LVW QLFKW K\SQRWLVLHUW6FKOLHOLFKEHUNDPLKQ9HU]ZHLIOXQJ (UZDUHLQ)UHPGHULQGLHVHP8QLYHUVXPXQGHUZXWHQLFKWREHVHLQHQ5FNZHJJDE ª:DVVXFKVWGXKLHU"©IUDJWHGLH6WLPPHPLWPHUNZUGLJVLQJHQGHP7RQIDOO -XOLDQ7LIIORUIXKUDXI$XIGHUDQGHUHQ6HLWHGHV*HEVFKVPLWGHP 2EHUN|USHUNDXPGDUEHU KLQZHJUDJHQG VWDQG HLQ 0DQQ (U WUXJ VRZHLW -XOLDQ HUNHQQHQ NRQQWH HLQ SULPLWLYHV VDFNlKQOLFKHV*HZDQG'LH)DUEHVHLQHUYHUUXQ]HOWHQYRP:HWWHUJHJHUEWHQ+DXWZDUHLQVFKZHU GHILQLHUEDUHV *UQEUDXQ (U KDWWH HLQH XQJHZ|KQOLFK EUHLWH 1DVH 'LH ]ZHL HQJ ]XVDPPHQVWHKHQGHQ $XJHQ PLW GHQ EXVFKLJHQ LQ GHU 0LWWH ]XVDPPHQJHZDFKVHQHQ %UDXHQ YHUOLHKHQ LKP GHQ $XVGUXFN JHLVWLJHU $UPXW 'DV JUDXVFKZDU]H +DDU ZDU DXI GHP 6FKlGHO ]X
NXU]HQ6WRSSHOQJHVFKQLWWHQXQGDQGHQ6FKOlIHQY|OOLJDEUDVLHUW $P YHUZXQGHUOLFKVWHQ DEHU ZDU GD GHU 0DQQ HLQH 6SUDFKH VSUDFK GLH -XOLDQ 7LIIORU YHUVWDQG 6LHZDUlKQOLFKGHU8PJDQJVVSUDFKHGHU(UGHHLQHU0LVFKXQJDXV(QJOLVFKXQGGHQ%HVWDQGWHLOHQ YLHOHU .XOWXUVSUDFKHQ 6LH ZXUGH PLW HLQHP PHUNZUGLJHQ 6LQJVDQJ JHVSURFKHQ ZLH HU IU GLH RVWDVLDWLVFKHQ 6SUDFKHQ FKDUDNWHULVWLVFK ZDU $XFK ZDU QLFKW VLFKHU RE GHU 0DQQ VHOEVW GHU NDXNDVLVFKHQ RGHU HLQHU DQGHUHQ 5DVVH EHL]XRUGQHQ ZDU $EHU GDUDQ GD HV VLFK XP HLQHQ 0HQVFKHQKDQGHOWHHLQHQ7HUUDQHUEHVWDQGQLFKWGHUJHULQJVWH=ZHLIHO ª,FK ELQ HLQ )UHPGHU© DQWZRUWHWH 7LIIORU QDFKGHP HU VLFK YRQ GHU HUVWHQ hEHUUDVFKXQJ HUKROW KDWWHª,FKNHQQHPLFKKLHUQLFKWDXV:LOOVWGXPLFKIKUHQ"© 'HP *UQEUDXQHQ LQ VHLQHU JHLVWLJHQ %HVFKUlQNWKHLW VFKLHQ QLFKW DXI]XIDOOHQ GD -XOLDQ 7LIIORU YRQ LKP HWZD VR YHUVFKLHGHQ ZDU ZLH HLQ ,VOlQGHU YRQ HLQHP 3DSXD ,Q VHLQHQ $XJHQ ODJ NHLQH 9HUZXQGHUXQJQXU0LWUDXHQ ª:R NRPPVW GX KHU"© ZROOWH HU ZLVVHQ ª8QG ZRKLQ VROO LFK GLFK IKUHQ" hEULJHQV KDEH LFK NHLQH=HLW,FKPXDUEHLWHQ© 7URW]GHPEOLHEHUVWHKHQ ª,FKNRPPHYRQZHLWKHUYLHOHWDXVHQG.LORPHWHUZHLW©DQWZRUWHWH7LIIORUhEHUVHLQ=LHOlXHUWH HUVLFKQLFKW(UZXWHQLFKWZRHUZDU:LHVROOWHHUZLVVHQZRKLQHUJHIKUWZHUGHQVROOWH" ª,FKKHLH-XOLDQ©VDJWHHUDOVGHU*UQEUDXQHVLFKQLFKWUKUWHª+DVWDXFKGXHLQHQ1DPHQ"© 'HU (LQJHERUHQH ]|JHUWH HLQH :HLOH DOV IUFKWH HU VLFK PLW VHLQHP 1DPHQ HLQ *HKHLPQLV ]X YHUUDWHQ ª9DQQLVFK© NQXUUWH HU VFKOLHOLFK (V NODQJ EHLQDKH ZLH 6WRO] GD HU ]ZHL 1DPHQ KDWWH JHJHQ GHQHLQHQGHV)UHPGHQDOVHUKLQ]XIJWHª9DQQLVFK6HUN© ª$OVRVFK|Q9DQQLVFK:HQQGXPLFKLQGLHQlFKVWH6WDGWIKUVWJHEHLFKGLUHLQ*HVFKHQN© 9DQQLVFKV]XVDPPHQVWHKHQGH$XJHQZXUGHQJUR ª'LHQlFKVWH6WDGW":HOFKH6WDGW"© ª*LEWHVKLHUNHLQH6WlGWH"© ª'DVZHLWGXQLFKW"© -XOLDQ7LIIORUHQWVFKORVLFKGLH:DKUKHLW]XRIIHQEDUHQ ª/LHEHU9DQQLVFKLFKZHLQLFKWHLQPDOZRLFKELQ©JHVWDQGHU 'LH 5HDNWLRQ ZDU YHUEOIIHQG 9DQQLVFK 6HUN IXKU ]ZHL 6FKULWWH ]XUFN 'DQQ VWUHFNWH HU GLH +lQGHDXVXQGVSUHL]WHGLH)LQJHUDOVZROOHHUGHQ/HLEKDIWLJHQYRQVLFKDEZHKUHQ ª+lKlKl© ODFKWH HU PHFNHUQG ª(U ZHL QLFKW ZR HU LVW (U ZHL QLFKW RE HV KLHU 6WlGWH JLEW $EHULFKZHLZRHUKHUNRPPW(ULVWDXVHLQHP9HUUFNWHQKDXVHQWVSUXQJHQ© (UZDUIVLFKKHUXPXQGOLHIZLHYRQ)XULHQJHKHW]WGDYRQ 7LIIORU NDXHUWH DP 5DQGH GHV $FNHUV XQG ZDUWHWH (V KDWWH NHLQHQ =ZHFN VLFK YRQ KLHU ]X HQWIHUQHQVRODQJHHUQLFKWZXWHLQZHOFKHU5LFKWXQJHUVLFKEHZHJHQVROOWH(UVXFKWHGLH1lKH YRQ 0HQVFKHQ GHQQ LQ]ZLVFKHQ ZDU LKP HLQ *HGDQNH JHNRPPHQ ZLH HU DXI VHLQ 6FKLFNVDO HLQZLUNHQN|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lEOLFKHQ$FNHUEDX(VZDUGDKHU]XHUZDUWHQ
GDVLHDXFKGLHHOHNWULVFKHZHQQQLFKWVRJDUGLHQXNOHDUH(QHUJLHNDQQWH'DPLWZDUGDV3UREOHP GHU (QHUJLHTXHOOH JHO|VW hEHU GLH LQQHUH 6WUXNWXU GHV :DQGOHUV ZDU -XOLDQ 7LIIORU VLFK HLQLJHUPDHQLPNODUHQZHQQHVGDDXFKHLQLJH'LQJHJDEDQGHQHQVHLQ3ODQVFKOLHOLFKVFKHLWHUQ PRFKWH 'HU 3URMHNWRU VFKOLHOLFK ZDU HLQ 'UDKWJHVSLQVW GHVVHQ *HRPHWULH YRQ GHU JHZQVFKWHQ )RUP GHV 3DUDFKURQ)HOGHV EHVWLPPW ZXUGH 'DEHL JDE HV NHLQH EHVRQGHUV 6FKZLHULJNHLW ZHQQ PDQZLH-XOLDQ7LIIORUOHGLJOLFK:HUWGDUDXIOHJWHGDGDV)HOGGLHHLJHQH3HUVRQXPIDVVH (VZDUDOVRQLFKWXQGHQNEDUGDHUHLQH$SSDUDWXU]XVDPPHQEDXWHPLWGHUHQ+LOIHHUZRP|JOLFK QLFKW XQPLWWHOEDU LQ GDV KHLPDWOLFKH8QLYHUVXPDEHU DXFK LQ GHVVHQ 1lKH ]XUFNNHKUHQ NRQQWH DXIHLQH%H]XJVHEHQHGLHGHUVHLQHQZHVHQWOLFKlKQOLFKHUZDUDOVGLHVHPHUNZUGLJH:HOW:DVHU GD]X EUDXFKWH ZDU GLH 8QWHUVWW]XQJ DQGHUHU 'HVZHJHQ NDXHUWH HU KLHU XQG ZDUWHWH ELV GLH :RONHQVLFKVRZHLWOLFKWHWHQGDHU YLHOOHLFKWVRJDUDXVPDFKHQNRQQWHLQZHOFKHU5LFKWXQJGLHQlFKVWH6WDGW]XVXFKHQZDU 6FKOLHOLFK ZXUGH VHLQH *HGXOG EHORKQW 'LH :RONHQ ULVVHQ DXI $Q GHU 6WHOOXQJ GHU 6RQQH HUNDQQWH -XOLDQ GD HU GHQ $FNHULQ VGOLFKHU 5LFKWXQJYRU VLFK XQG GLH %HUJH LP1RUGHQ KLQWHU VLFKKDWWH'DV/DQGZDUYRQGHQ%HUJHQLP1RUGHQDEJHVHKHQZHLWJHKHQGHEHQ(UVWDQGDXIXQG EOLFNWH VLFK XP 'D JODXEWH HU LP 1RUGRVWHQ MHQVHLWV GHV (QGHV GHU %HUJNHWWH HLQHQ OHLFKWHQ 'XQVWVFKOHLHU ZDKU]XQHKPHQ GHU GLFKW EHU GHP %RGHQ UXKWH 'XQVW ZDU JHZ|KQOLFK GDV $Q]HLFKHQNRQ]HQWULHUWHU=LYLOLVDWLRQ-XOLDQ7LIIORUPDFKWHVLFKDOVRDXIGHQ:HJQDFK1RUGRVWHQ -H ZHLWHU HU VFKULWW GHVWR XQIUXFKWEDUHU ZXUGH GHU %RGHQ ,PPHU PHKU 6DQG WUDW ]XWDJH 'LH %VFKH ZXUGHQ NPPHUOLFKHU XQG QLHGULJHU XQG K|UWHQ VFKOLHOLFK JDQ] DXI 1XU QRFK HLQ]HOQH %VFKHO JHOEHQ KDOEYHUWURFNQHWHQ *UDVHV GUDQJHQ KLHU XQG GD DXV GHP %RGHQ 'HU :HJ ZXUGH EHVFKZHUOLFKGDEHLMHGHP6FKULWWGHU)XLP6DQGYHUVDQN 6R lKQOLFK VFKR HV -XOLDQ 7LIIORU GXUFK GHQ 6LQQ PXWH GLH :VWH *REL DXVJHVHKHQ KDEHQ EHYRUGLH%HK|UGHQGHV,PSHULXPVVLHWHLOVLQ6WHSSHWHLOVLQEOKHQGHQ*DUWHQYHUZDQGHOWHQ 3O|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bFNHU VWW]WH ODJHQ DQQlKHUQG GUHLKXQGHUW -DKUH )RUWVFKULWW 'HU*OHLWHUKLHOWYRULKPDQ(UKDWWHGLH)RUPHLQHVJHGUXQJHQHQ7RUSHGRVPLWHLQHUDXIJHVHW]WHQ *ODVNDQ ]HOKLQWHUGHUGHU&KDXIIHXUGHV)DKU]HXJV]XVHKHQZDU'HU:DJHQZLUNWHZLHHLQDOWPRGLVFKHV )OXJ]HXJRKQH7UDJIOlFKHQ(LQ7HLOGHU.DQ]HOZXUGHEHLVHLWHJHNODSSW'HU)DKUHUHUKREVLFKDXV GHP6LW]XQGUDJWHGDGXUFKPLWPHKUDOVGHU+lOIWHGHV.|USHUVDXVGHP)DKU]HXJKHUDXV(UZDU YRQDQGHUHU*HVWDOWDOV9DQQLVFK6HUNDEHUVRQVWVDKHULKPVHKUlKQOLFK ª+DOOR)UHPGHU©ULHIHUIUHXQGOLFKXQGYHUVXFKWHHLQ/lFKHOQª.DQQLFKGLUKHOIHQ"© -XOLDQ 7LIIORU GXUFK VHLQ (UOHEQLV PLW 9DQQLVFK 6HUN YRUVLFKWLJ JHPDFKW WUDW ]|JHUQG DXI GHQ *OHLWHU]X ª,FK EUDXFKH WDWVlFKOLFK +LOIH© VDJWH HU ª,FK NRPPH YRQ ZHLWKHU XQG NHQQH PLFK KLHU QLFKW DXV© 'HU0DQQ]RJGLH]XVDPPHQJHZDFKVHQHQ%UDXHQLQGLH+|KH ª9RQZHLWKHUZLH"©ZLHGHUKROWHHUª$OWDLU'HQHE5LJHORGHUVRZDVZLH"© 'LH 1DPHQ WUDIHQ 7LIIORU ZLH .HXOHQVFKOlJH :LH SDWH GDV DOOHV ]XVDPPHQ" 'HU XPJHSIOJWH $FNHU GHU JHLVWLJ EHVFKUlQNWH 9DQQLVFK 6HUN GHU *OHLWHU XQG GLH 6HOEVWYHUVWlQGOLFKNHLW PLW GHU GLHVHU0DQQDQQDKPHUNlPHYRQHLQHP3ODQHWHQIHUQHU6RQQHQ" ª1LFKWVGHUJOHLFKHQ©DQWZRUWHWHHUYHUZLUUWª,FKNRPPHYRQ+HUWKD© ,P(LIHUGHV*HIHFKWVILHOLKPQLFKWV%HVVHUHVHLQDOVGHUDOWHZHVWJHUPDQLVFKH1DPHIUª(UGH© 'HU0DQQLP*OHLWHUVFKLHQQDFK]XGHQNHQ
ª+P QRFK QLH JHK|UW© VDJWH HU ª0X HLQH GHU QHXHUHQ 6LHGOHUZHOWHQ VHLQ GLH QRFK QLFKW YRQ VLFKUHGHQJHPDFKWKDW© 6LHGOHUZHOWHQ'LHVH/HXWHGLHLKUHbFNHUQRFKXPSIOJWHQNDQQWHQGHQ%HJULII6LHGOHUZHOW" ª,FKELQgZDQ3DWVFK©HUNOlUWHGHU%HVLW]HUGHV*OHLWHUVLPSXOVLYª:HQQGXZLOOVWGDLFKGLFK LQGLH6WDGWEULQJHWXHLFKHVJHUQ© -XOLDQ]|JHUWH9DQQLVFKKlWWHHUPLWHLQHPNOHLQHQ*HVFKHQNEHORKQHQN|QQHQ(UWUXJLQVHLQHQ 7DVFKHQ JHZLVVH'LQJHGLHVLFKGD]XHLJQHWHQ$EHUHLQHQ0DQQGHUHLQHQ*OHLWHUVHLQHLJHQQDQQWHZDV VROOWH HU GHP ELHWHQ" 8QG ZDV ZUGH ZHLWHU JHVFKHKHQ ZHQQ HU LQ GHU 6WDGW DQNDP" (U WUXJ HLQ ZHQLJ .OHLQJHOG EHL VLFK GDV KLHU]XODQGH QLFKWV JDOW XQG HLQH ,'.DUWH PLW GHU HU KLHU QLFKWV ZUGHDQIDQJHQN|QQHQ ª1XQ"©IUDJWHgZDQ3DWVFKª:LHKDVWGXGLFKHQWVFKORVVHQ"© ª,FKPDFKHPLU6RUJHQ©JHVWDQG-XOLDQª,FKELQY|OOLJPLWWHOORV© gZDQ3DWVFKODFKWH(VK|UWHVLFKZLHHLQJXWPWLJHV/DFKHQDQ ª'LHKDEHQGLFKJDQ]VFK|QXQYRUEHUHLWHWDEJHVHW]WZLH"© ª-DOHLGHU©PXUPHOWH-XOLDQ ª'DUEHUPDFKGLUNHLQH6RUJHQ©ULHW3DWVFKª:LUVLQGHLQHIUHXQGOLFKH6WDGW(VZLUGVLFK+LOIH ILQGHQODVVHQ.DQQVWGXDUEHLWHQ"© -XOLDQ 7LIIORU EHMDKWH 'DQQ VWLHJ HU LQ GHQ *OHLWHU (V ZDU HLQ SULPLWLYHV GUHLVLW]LJHV )DKU]HXJ 'LH6LW]HZDUHQKLQWHUHLQDQGHUDQJHRUGQHW'LH.DQ]HOZDULQGUHL$EVFKQLWWHXQWHUWHLOWGLHHLQ]HOQ DXIJHNODSSWZHUGHQNRQQWHQ-XOLDQOLHVLFKLQGHQ6LW]KLQWHUGHQ&KDXIIHXUIDOOHQ3DWVFKNODSSWH GLH.DQ]HO]XGDQQZHQGHWHHUGDV)DKU]HXJXQGIXKUGHQ:HJ]XUFNGHQHUJHNRPPHQZDU ,Q GHU 1lKH GHU 6WDGW ZXUGH GDV /DQG ZLHGHU IUXFKWEDUHU $XI GHQ )HOGHUQ ZXUGH JHDUEHLWHW -XOLDQVDKDOWPRGLVFKH0DVFKLQHQGLHGHQ$FNHUERGHQDXIEUDFKHQ$QVFKHLQHQGZDUPDQKLHUEHL GHU)UKMDKUVEHVWHOOXQJ 'DQQ WDXFKWH GLH 6WDGW DXI -XOLDQ 7LIIORU ZDU HQWWlXVFKW 'LH 6WUDHQ ZDUHQ EUHLW DEHU LQ VFKOHFKWHP =XVWDQG 'LH +lXVHU ]X EHLGHQ 6HLWHQ GHU 9HUNHKUVZHJH ZDUHQ NOHLQ ZLH JHGXFNW .OHLQH)HQVWHUEOLFNWHQDXIGLH6WUDHKHUDXVDOVKlWWHQGLH0HQVFKHQ$QJVWGDV7DJHVOLFKWLQLKUH :RKQXQJHQ]XODVVHQ)XJlQJHUZDUHQQLUJHQGZR]XVHKHQ9RQGHQ:lQGHQGHU+lXVHUEOlWWHUWH GHU9HUSXW] 6WDGWHLQZlUWVZXUGHGDV%LOGZHQLJHUWURVWORV$EHU DXFKKLHUEHIDQGHQVLFKGLH*HElXGHYRQGHQHQPDQFKHQXQELV]XVHFKV6WRFNZHUNHQDXIUDJWHQ LP =XVWDQG GHU 5HSDUDWXUEHGUIWLJNHLW $XI GHQ %UJHUVWHLJHQ EHZHJWHQ VLFK HLQ]HOQH )XJlQJHU RGHUNOHLQH*UXSSHQGLHHVRKQH$XVQDKPHHLOLJ]XKDEHQVFKLHQHQ$QGHU$UWZLHgZDQ3DWVFK PLW GHQ .RQWUROOHQ GHV *OHLWHUV KDQWLHUWH HUNDQQWH -XOLDQ GD HV HLQH )XQNVLFKHUXQJ GHU 6WUDHQ KLHUQLFKWJDE(UKlWWHJHUQHJHZXWZLHGLHVH6WDGWKLHDEHUHUVFKHXWHVLFKVHLQH8QZLVVHQKHLW QRFKGHXWOLFKHUDOVELVKHUXQWHU%HZHLV]XVWHOOHQ gZDQ 3DWVFK ERJ VFKOLHOLFK DXI HLQH EUHLWH $OOHH HLQ LQ GHUHQ 0LWWH VLFK 3DSSHOQ DXV GHU )DKUEDKQ HUKREHQ XQG KLHOW YRU HLQHP SRPS|VHQ *HElXGH GDV GHU 3HULRGH GHU NODVVL]LVWLVFKHQ $UFKLWHNWXU ]X HQWVWDPPHQ VFKLHQ 0LW VHLQHQ JUDXVFKZDU]HQ 0DXHUQ PDFKWH HV HLQHQ GVWHUHQ (LQGUXFN GHU GHQ 8QYRUHLQJHQRPPHQHQ PLW %HNOHPPXQJ HUIOOWH gZDQ 3DWVFK |IIQHWH GLH .DQ]HOXQGEDWVHLQHQ)DKUJDVWDXV]XVWHLJHQ ª:RKLQJHKHQZLU"©HUNXQGLJWHVLFK-XOLDQPLWUDXLVFK gZDQGHXWHWHDXIGDVPRQVWU|VH*HElXGH ª'RUWKLQ© DQWZRUWHWH HU ª'DV LVW GDV +DXSWVWDDWVDPW 'RUW ZLUG VLFK +LOIH IU GLFK ILQGHQ ODVVHQ© 6LH VFKULWWHQ HLQH EUHLWH 7UHSSH HPSRU SDVVLHUWHQ HLQ ERPEDVWLVFKHV 3RUWDO ]X GHVVHQ EHLGHQ 6HLWHQYLHUXQLIRUPLHUWH3RVWHQ DXIJHVWHOOWZDUHQGLH PHUNZUGLJ JHIRUPWH :DIIHQ WUXJHQgZDQ 3DWVFK VFKLHQ VLFK KLHU DXV]XNHQQHQ =LHOEHZXW GXUFKTXHUWH HU GLH ULHVLJH +DOOH GLH VLFK KLQWHU GHP3RUWDODXVEUHLWHWHXQGVFKULWWDXIHLQHQ$XI]XJ]X,QGHU+DOOHVWDQGHQRGHUVDHQ0HQVFKHQ GLH ZRKO PLW HLQHP $QOLHJHQ KLHUKHUJHNRPPHQ ZDUHQ XQG GD]ZLVFKHQ HLOWHQ PLW GHU 0LHQH
YHUELVVHQHU*HVFKlIWLJNHLWVROFKHKLQXQGKHUGLHRIIHQEDUKLHUDUEHLWHWHQ 'HU $XI]XJ UXPSHOWH lFK]WH XQG VW|KQWH 'LH $XI]XJNDELQH ZDU HLQ ZDKUHV 0XVHXPVVWFN -XOLDQ 7LIIORU QDKP MHGRFK GLHV QXU LP 9RUEHLJHKHQ ZDKU 1HXH 8QUXKH KDWWH VLFK VHLQHU EHPlFKWLJWVHLWGHPHUPHUNWH GDVLFKGHU$XI]XJQLFKWQDFKREHQVRQGHUQLQGLH7LHIHEHZHJWH 'HU$XI]XJKLHOWPLWHLQHP5XFNXQGGLH.DELQH|IIQHWHVLFKDXIHLQHQJUHOOHUOHXFKWHWHQOHHUHQ *DQJ KLQDXV 'LH :lQGH %RGHQ XQG 'HFNH EHVWDQGHQ DXV KHOOJUDXHP %HWRQ /HLWXQJHQ IU GLH %HOHXFKWXQJ XQG DQGHUHU =ZHFNH ZDUHQ EHU GHQ %HWRQ YHUOHJW $OOHV PDFKWH HLQHQ XQIHUWLJHQ (LQGUXFNgZDQ3DWVFKZXWHDXFKMHW]WQRFKJHQDXZRKLQHUZROOWH(UZDQGWHVLFKQDFKUHFKWV 1DFKHWZDIQI]LJ0HWHUQJHODQJWHQVLHDQGDV(QGHGHV*DQJHV(LQH7U|IIQHWHVLFKVHOEVWWlWLJ gZDQWUDW]XU6HLWHXQGPDFKWHHLQHHLQODGHQGH*HVWHGXUFKGLHgIIQXQJKLQGXUFK ª'X ZLUVW PLW HLQHP 0DQQ VSUHFKHQ GHP GX GHLQH 3UREOHPH YRUWUDJHQ NDQQVW© VDJWH HU ª(U ZLUGGLUKHOIHQ© ª8QGGXEOHLEVWKLHU"©IUDJWH7LIIORUHLQZHQLJHLQIlOWLJ ª-DLFKEOHLEHKLHU©DQWZRUWHWHgZDQª9LHOOHLFKWVHKHQZLUXQVZLHGHU© ª,FKGDQNHGLUIUGHLQH0KH©VDJWH-XOLDQXQGPHLQWHHVHKUOLFK gZDQ3DWVFKDEHUOLHHLQ/lFKHOQVHKHQGDVNDXPQRFKHLQH6SXUYRQ)UHXQGOLFKNHLWHQWKLHOW ª1LFKWGHU5HGHZHUW©PHLQWHHUJHULQJVFKlW]LJ -XOLDQWUDWGXUFKGLH7U(UZDUMHW]WVLFKHUGDHUVLFKLQ*HIDKUEHIDQGDEHUHUNRQQWHQLFKWV DQGHUHVWXQDOVLKU]XEHJHJQHUL$OVHUGXUFKGLHgIIQXQJJHWUHWHQZDUVFKORVLFKGLH7UKLQWHU LKP (U EHIDQG VLFK LQ HLQHP NOHLQHQ NDKOHQ 5DXP GHVVHQ HLQ]LJHU (LQULFKWXQJVJHJHQVWDQG HLQH JUHOOZHLH /DPSH ZDU GLH DQ GHU 'HFNH KLQJ $XI GHU DQGHUHQ 6HLWH JDE HV HLQH ]ZHLWH 7U GLH VLFK QDFK ZHQLJHQ 6HNXQGHQ |IIQHWH -XOLDQ EOLFNWH LQ HLQ JURHV *HPDFK GDV PLW DOWPRGLVFKHP /X[XV DXVJHVWDWWHW ZDU 9RQ GHU JHWlIHOWHQ 'HFNH KLQJ HLQ ULHVLJHU /HXFKWHU GHU JHOEOLFKHV /LFKW DXVVWUDKOWH ,Q GLHVHP 5DXP EHIDQGHQ VLFK ]ZHL 0lQQHU 6LH KDWWHQ GLH JUQOLFKEUDXQH +DXWIDUEH GHU 0HQVFKHQGLHGLHVH:HOWEHY|ONHUWHQXQGGLHHQJ]XVDPPHQVWHKHQ GHQ $XJHQ PLW GHQ ]XVDPPHQJHZDFKVHQHQ %UDXHQ (LQHU GHU EHLGHQ WUXJ HLQH YRQ *ROG XQG 2UGHQ VWURW]HQGH 8QLIRUP DEHU GHU DQGHUH VFKLHQ GHU ZLFKWLJHUH ]X VHLQ (U WUXJ HLQ HLQIDFKHV ]LYLOHV *HZDQG ZDU HWZD HLQHQ 0HWHU VLHE]LJ JUR XQG KDWWH ZHLHV +DDU (V ZDU GDV 6HOEVWEHZXWHLQVHLQHU+DOWXQJGDV7LIIORUGDYRQEHU]HXJWHGDHUYRQGHQEHLGHQ0lQQHUQGHU K|KHUVWHKHQGHVHL $XFK GLH ]ZHLWH 7U VFKOR VLFK KLQWHU -XOLDQ 'LH EHLGHQ 0lQQHU PXVWHUWHQ LKQ PLW ILQVWHUHQ %OLFNHQ6FKOLHOLFKVDJWHGHULQ=LYLO ª:LOONRPPHQLQGHU.RPPDQGR]HQWUDOH*RVKXQ,FKQHKPHDQGHLQH$QNXQIWEHGHXWHWGDGLH ,QYDVLRQYRQ:HJDXQPLWWHOEDUEHYRUVWHKW2GHUZDUXPVROOWHPDQXQVVRQVWHLQHQ6SLRQJHVFKLFNW KDEHQ"© 'LH:RUWHMDJWHQHLQDQGHULQ-XOLDQV%HZXWVHLQ'DUEHUGDPDQLKQIUHLQHQ6SLRQKLHOWZDU HUZHQLJHUEHUUDVFKWDOVEHUGHQ1DPHQGLHVHU$QODJH.RPPDQGR]HQWUDOH*RVKXQ*RVKXQKLH GHU6DO]VHHDQGHVVHQ8IHUQ7HUUDQLD&LW\HQWVWDQGHQZDU1DWUOLFKZDUHVNHLQ=XIDOOGHUGLHVH 1DPHQVJOHLFKKHLW YHUXUVDFKWH 7URW] DOOHU 8QWHUVFKLHGH ZDUHQ GLH EHLGHQ 8QLYHUVHQ GLH EHLGHQ %H]XJVHEHQHQHLQDQGHUVRQDKHGDDXIEHLGHQGHU1DPH*RVKXQHLQHEHGHXWHQGH5ROOHVSLHOWH ª,FKELQNHLQ6SLRQ©YHUWHLGLJWHHUVLFKJHJHQGLH$QVFKXOGLJXQJGHV:HLKDDULJHQª,FKELQGDV 2SIHUHLQHV8QIDOOV,FKZHLQLFKWZRLFKELQ,FKNHQQHZHGHUGLFKQRFKGLH6WDGWLQGHULFK PLFKKLHUEHILQGH8QGLFKZHLQLFKWVYRQHLQHUEHYRUVWHKHQGHQ,QYDVLRQYRQ:HJD© 'LHEHLGHQ0lQQHUEHWUDFKWHWHQLKQPLWVS|WWLVFKHPXQJOlXELJHP/lFKHOQ ª(UPDJOHXJQHQZLHHUZLOO6DNKPR&KDQ©VDJWHGHU8QLIRUPLHUWHª:LUZHUGHQGLH:DKUKHLW DXVLKPKHUDXVEULQJHQ© 'HU:HLKDDULJHKREZDUQHQGGLH+DQG ª,FKNHQQHGLH7FKWLJNHLWGHLQHU7UXSSH*HQHUDO$EHULFKP|FKWHGDGLHVHP6SLRQ]XQlFKVW NHLQH*HOHJHQKHLWJHJHEHQZLUGDXVHLJHQHP$QWULHEHLQ*HVWlQGQLVDE]XOHJHQ©
(UEOLFNWH-XOLDQDXIIRUGHUQGDQ ª,FK ELQ NHLQ 6SLRQ XQG KDEH NHLQ *HVWlQGQLV DE]XOHJHQ© HUNOlUWH 7LIIORU PLW 1DFKGUXFN ª,FK VHOEVWELQHLQHP$WWHQWDW]XP2SIHUJHIDOOHQ,FKELQJHUQHEHUHLWGLUGDUEHU]XEHULFKWHQ© 'HU*HQHUDOPDFKWHHLQHYHUlFKWOLFKH+DQGEHZHJXQJ ª'LH=HLWGHVPlFKWLJHQ6DNKPR&KDQLVW]XZHUWYROODOVGDHUVLFK/JHQJHVFKLFKWHQDQK|UHQ P|FKWH©VDJWHHU]RUQLJª*HVWHKVWGXHLQ6SLRQ]XVHLQRGHUQLFKW"© ª1HLQ© 6DNKPR&KDQKREGLH6FKXOWHUQ ª'DQQEOHLEWXQVQLFKWVDQGHUHVEULJ*HQHUDODOVLKQDEIKUHQ]XODVVHQ(UEHNRPPWHLQHQ7DJ ODQJ *HOHJHQKHLW VHLQ *HVWlQGQLV DE]XOHJHQ 'DQDFK EHUJHEH LFK LKQ LQ GLH +lQGH GHLQHU 6SH]LDOLVWHQ© $OV VHL GLHVH %HPHUNXQJ HLQ %HIHKO JHZHVHQ |IIQHWH VLFK GLH 7U XQG IQI VFKZHUEHZDIIQHWH 8QLIRUPLHUWHNDPHQ KHUHLQ6LH QDKPHQ -XOLDQ7LIIORU LQ GLH 0LWWH XQGIKUWHQ LKQDE'DVOHW]WH ZDVHUK|UWHZDUHLQVS|WWLVFKHV/DFKHQGHV*HQHUDOVXQGGLHKDOEODXWH%HPHUNXQJ ª+HUWKD)UZLHGXPPGHU.HUOXQVZRKOKlOW"© 'LH NDKOH =HOOH HQWKLHOW HLQH JUHOOH 'HFNHQODPSH HLQH KDUWH /LHJH XQG HLQHQ (LPHU ]XU 9HUULFKWXQJ GHU 1RWGXUIW 'LH 7U ZDU DXV ZLGHUVWDQGVIlKLJHP 6WDKO XQG KDWWH HLQH NRPSOL]LHUWH HOHNWURQLVFKH9HUULHJHOXQJGLHMHGHQ)OXFKWJHGDQNHQVFKRQLP.HLPW|WHWH -XOLDQ7LIIORUVDDXIGHU.DQWHGHU/LHJHXQGKDWWHGHQ.RSILQGLH+l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lKHUQGIQI]HKQKXQGHUW-DKUHQDP8IHUGHV*RVKXQ 6DO]VHHV HWDEOLHUW KDWWH ZlUH GHQ $QJULIIHQ GHU GDPDOLJHQ LUGLVFKHQ 0DFKWEO|FNH ]XP 2SIHU JHIDOOHQ DQVWDWW ZLH VLH HV LQ 7LIIORUV 8QLYHUVXP JHWDQ KDWWH GLHVH $QJULIIH PLW +LOIH DUNRQLGLVFKHU7HFKQRORJLH]XUFN]XVFKODJHQXQGVLFKVHOEVWOHW]WOLFK]XP'LULJHQWHQGHV.RQ]HUWV WHUUDQLVFKHU0lFKWHDXI]XVFKZLQJHQ:HLWHUKLQJHVHW]WGHQ)DOOHVZlUHGHURVWDVLDWLVFKHRGHUGHU VRZMHWLVFKH %ORFN JHZHVHQ GHP GLH 1LHGHUZHUIXQJ GHU 'ULWWHQ 0DFKW JHODQJ +lWWH VLFK DXV GLHVHP (UHLJQLV QLFKW HLQH :HOW ZLH GLHVH HQWZLFNHOQ PVVHQ" (LQH :HOW GLH EHU HLQH KRFKHQWZLFNHOWH 7HFKQRORJLH YHUIJWH LKUH %UJHU DEHU LPPHU QRFK LQ $UPXW XQG 3ULPLWLYLWlW OHEHQ OLH" 'HQQ ZDV LVW FKDUDNWHULVWLVFKHU IU WRWDOLWlUH 6\VWHPH DOV GLH NUDVVH 'LVNUHSDQ] ]ZLVFKHQWHFKQLVFKHP:LVVHQXQGGHP/HEHQVVWDQGDUGGHU%HY|ONHUXQJ" (LQH VROFKH :HOW VFKLHQ VLFK KLHU HQWZLFNHOW ]X KDEHQ -XOLDQ 7LIIORU KDWWH NHLQH 0|JOLFKNHLW IHVW]XVWHOOHQREVHLQH+\SRWKHVHULFKWLJZDU$EHUZHQLJVWHQVHUVFKLHQVLHLKPSODXVLEHO 'HU HUVWH 0HQVFK GHP HU DXI GLHVHU :HOW EHJHJQHWH ZDU 9DQQLVFK 6HUN GHU LKQ IU HLQHQ 9HUUFNWHQ KLHOW 9DQQLVFK ZDU HLQ DUPHU %DXHU GHVVHQ $XIJDEH HV ZDKUVFKHLQOLFK ZDU GUDXHQ DXI GHQ )HOGHUQ ]X DUEHLWHQ 'LH ]ZHLWH %HJHJQXQJ GLH PLW gZDQ 3DWVFK ZDU ZLH -XOLDQ VLFK GXUFK OlQJHUHV 1DFKGHQNHQ EHU]HXJW KDWWH OlQJVW QLFKW VR ]XIlOOLJ JHZHVHQ ZLH VLH LKP ]XHUVW YRUJHNRPPHQ ZDU (U HULQQHUWH VLFK DQ GHQ $XJHQEOLFN DOV HU GLH 6WDXEZRONH GLH 3DWVFKV )DKU]HXJDXIZLUEHOWH]XPHUVWHQPDOVDK'LH6SLW]HGHU6WDXEZRONHZDU ]LHOEHZXW DXI LKQ ]XJHNRPPHQ gZDQ 3DWVFK KDWWH JHZXW GD VLFK GD HLQ )UHPGHU EHIDQG XQGZDUORVJHIDKUHQXPLKQ]XKROHQXQGLQV+DXSWVWDDWVDPW]XEULQJHQ :RKHU DEHU KDWWH HU YRQ GHU ([LVWHQ] GHV )UHPGHQ JHZXW" 'RFK QXU YRQ 9DQQLVFK 6HUN 8QG ZLHKDWWH9DQQLVFKgZDQLQIRUPLHUW"*HZLHVZDUHQ]ZLVFKHQGHU%HJHJQXQJPLW9DQQLVFKXQG GHUPLWgZDQPHKUHUH6WXQGHQYHUJDQJHQ$EHUGLH=HLWKlWWHIU9DQQLVFKQLFKWDXVJHUHLFKWXP LQGLH6WDGW]XODXIHQXQGGRUWVHLQH1DFKULFKWORV]XZHUGHQ(UVFKLHQQLFKWEHUHLQ)DKU]HXJ]X YHUIJHQ XQG RE HV GRUW GUDXHQ DP 5DQGH GHU :VWH .RPPXQLNDWLRQVDQODJHQ ZLH 5DGLRNRPH
RGHU7HOHSKRQHJDEGDUDQZDUZRKO]X]ZHLIHOQ 'LHVHU HLQH 9RUIDOO ZlUH QLFKW JHQXJ JHZHVHQ XP -XOLDQ 7LIIORU HLQH IHVWH 0HLQXQJ ELOGHQ ]X ODVVHQ(VKDWWHQRFK]ZHLZHLWHUHJHJHEHQGLHLKPGD]XYHUKDOIHQ 6DNKPR&KDQKDWWHJHVDJWª'DQQEOHLEWXQVQLFKWVDQGHUHVEULJDOVLKQDEIKUHQ]XODVVHQ©XQG GDUDXIKLQKDWWHVLFK GLH7U]XVHLQHP *HPDFK JH|IIQHW (V NRQQWH VLFKQLFKW XP HLQDNXVWLVFKHV .RPPDQGRJHKDQGHOWKDEHQGDVYRQHLQHPHOHNWURQLVFKHQ6HQVRUYHUDUEHLWHWXQGLQHLQHQ,PSXOV EHUVHW]WZXUGHGHUGLH7U|IIQHWH'HUDUWNRPSOL]LHUWHXQGEHLOlXILJHDNXVWLVFKH%HIHKOHJDEHV QLFKW DXI GLHVHU :HOW GHUHQ 7HFKQLN WURW] DOOHU )RUWVFKULWWOLFKNHLW PLW HLQHU JHZLVVHQ 8QEHKROIHQKHLW EHKDIWHW ZDU 2GHU ZDU HV P|JOLFK GD GLH IQI 3ROL]LVWHQ GUDXHQ LP 9RUUDXP JHZDUWHW 6DNKPR&KDQV :RUWH EHU HLQ ,QWHUNRP6\VWHP JHK|UW XQG GDQQ GLH 7U YRQ VLFK DXV JH|IIQHWKDWWHQ$EHU-XOLDQ]ZHLIHOWHGDUDQGDHVVRYRUVLFKJHJDQJHQZDU 6FKXOGGDUDQZDUGLHOHW]WH%HPHUNXQJGHV*HQHUDOVGLHHUHEHQQRFKKDWWHK|UHQN|QQHQEHYRU HU DEJHIKUW ZXUGH ª+HUWKD )U ZLH GXPP GHU .HUO XQV ZRKO KlOW"© KDWWH GHU *HQHUDO JHVDJW -XOLDQ7LIIORUKDWWHGHQ1DPHQ+HUWKDQXUHLQHLQ]LJHV0DOJHEUDXFKWgZDQ3DWVFKJHJHQEHUDOV HUGLHVHPVHLQH+LOIORVLJNHLWNODUPDFKHQZROOWH:RKHUZXWHGHU*HQHUDOGDYRQ"gZDQKDWWHDXI GHP:HJLQGLH6WDGWNHLQ)XQNJHVSUlFKJH IKUWXQGLP*HPDFKGHV6DNKPR&KDQZDUZlKUHQG-XOLDQV$QZHVHQKHLWNHLQHUOHL,QIRUPDWLRQ YRQDXHQHPSIDQJHQZRUGHQ :RKHUDOVR" (V JDE QXU HLQH GHQNEDUH (UNOlUXQJ 'LH 0HQVFKHQ GLHVHU :HOW ZDKUVFKHLQOLFK QLFKW DOOH VRQGHUQQXUGLH)XQNWLRQlUHGHV6\VWHPVVWDQGHQPLWHLQDQGHULQWHOHSDWKLVFKHP.RQWDNW(VILHO -XOLDQ]ZDUVFKZHU9DQQLVFK6HUNIUHLQHQ)XQNWLRQlU]XKDOWHQ$EHUZDVKDWWHHUGRUWGUDXHQ DOOHLQH]XVXFKHQJHKDEW":RP|JOLFKZDUHUHLQ%HREDFKWHUGHUIUGLH5HJLHUXQJDUEHLWHWH(LQHU GHU]XPHOGHQKDWWHZHQQVLFKLQGHU(LQ|GHULQJVXPGLH6WDGWHWZDV8QJHZ|KQOLFKHVHUHLJQHWH $XIWHOHSDWKLVFKHP:HJHKDWWH9DQQLVFKEHUVHLQH%HJHJQXQJPLWGHP)UHPGHQEHULFKWHW$XI GHP :HJ LQ GLH 6WDGW KDWWH gZDQ 3DWVFK HEHQIDOOV WHOHSDWKLVFK VHLQH (UIDKUXQJHQ PLW GHP )UHPGHQJHVFKLOGHUWGDUXQWHUGHVVHQ%HKDXSWXQJHUNRPPHYRQHLQHU:HOWQDPHQV+HUWKD8QG 6DNKPR&KDQV%HIHKOGLH7U]X|IIQHQZDUZLHGHUXPWHOHSDWKLVFKHU1DWXUJHZHVHQ (V NRQQWH VLFK QLFKW XP GLH KHUN|PPOLFKH $UW YRQ 7HOHSDWKLH KDQGHOQ GLH GHQ 7HOHSDWKHQ EHIlKLJWH PHKU RGHU ZHQLJHU QDFK :XQVFK GLH *HGDQNHQ DQGHUHU 0HQVFKHQ EHVRQGHUV DQGHUHU 7HOHSDWKHQ]XOHQNHQ6RQVWKlWWH6DNKPR&KDQZDKUVFKHLQOLFKLQ-XOLDQV%HZXWVHLQEOLFNHQXQG GRUWHUNHQQHQN|QQHQGDHUNHLQHVZHJVGHU6SLRQZDUIUGHQHUJHKDOWHQZXUGH(VPXWHHLQH DQWUDLQLHUWH 9HUVLRQ GHU 7HOHSDWKLH VHLQ GLH QXU GDQQ ZLUNVDP ZXUGH ZHQQ GHU 7HOHSDWK DXVGUFNOLFKGLH$EVLFKWKDWWH,QIRUPDWLRQHQ]XEHUPLWWHOQ -XOLDQ 7LIIORU KDWWH HLQH YDJH 9RUVWHOOXQJ ZLH HU VLFK GLH (QWZLFNOXQJ ]XQXW]H PDFKHQ N|QQH 0DQHUZDUWHWHHLQH,QYDVLRQYRQ:HJD'LHLQWHUVWHOODUH5DXPIDKUWZDUDOVRDXFKDXIGLHVHU:HOW EHNDQQWDEHUHVZDUQLFKW]XU(QWVWHKXQJGHV6RODUHQ,PSHULXPVJHNRPPHQGDVPDQDXI7LIIORUV KHLPDWOLFKHU%H]XJVHEHQHNDQQWH'LH(UGHGHQQXPGLH(UGHKDQGHOWHHVVLFKRKQH=ZHLIHOEHL GLHVHP3ODQHWHQOHEWHLQ)XUFKWYRUHLQHPLKUHUQlFKVWHQ1DFKEDUQGHP:HJD6\VWHP2EGLHVH )XUFKW EHJUQGHWZDURGHUQLFKWGDVEOLHEGDKLQJHVWHOOW7RWDOLWlUH6\VWHPHOHEWHQVWlQGLJLQGHU)XUFKW YRUIHLQGOLFKHQhEHUJULIIHQ 0RFKWHHVDEHUYRQVHOWHQGHV:HJD6\VWHPV,QYDVLRQVSOlQHJHEHQRGHUQLFKW-XOLDQ7LIIORUKDWWH GLHIHVWH$EVLFKWGLH)XUFKWGHV6DNKPR&KDQIUVHLQH=ZHFNH]XJHEUDXFKHQ (VZDUPHUNZUGLJGDPDQVLFKQLFKWGLH0KHJHPDFKWKDWWHLKQ]XGXUFKVXFKHQXQGLKPGLH 'LQJH DE]XQHKPHQ GLH LQ GHQ %HVLW] HLQHV *HIDQJHQHQ QRUPDOHUZHLVH QLFKW JHK|UWHQ 6R ]XP %HLVSLHOGDV&KURQRPHWHUGDVNOHLQH$OO]ZHFNZHUN]HXJGDVHULQGHU7DVFKHWUXJGHQ0LQLNRP DPUHFKWHQ+DQGJHOHQNXQGVFKOLHOLFKGHQ0LQLDWXUEODVWHUGHUQDFKDXHQKLQGHQ(LQGUXFNHLQHU NOHLQHQ6WDEODPSHHUZHFNWHXQGGHQHUKLQWHUGHP*UWHOYHUKDNWKDWWH (U NRQQWH QLFKW JODXEHQ GD HV VLFK GDEHL XP 6RUJORVLJNHLW KDQGHOWH 0DQ KDWWH LKP QLFKWV DEJHQRPPHQZHLOPDQHWZDVYRQLKPHUZDUWHWH0DQHUZDUWHWHGDHUYHUVXFKHQZUGHVLFKPLW
VHLQHP $XIWUDJJHEHU LQ 9HUELQGXQJ ]X VHW]HQ (U KDWWH NHLQ *HVWlQGQLV DEJHOHJW DOVR YHUVXFKWH PDQGLH:DKUKHLWDXIDQGHUH:HLVHYRQLKP]XHUIDKUHQ 6DNKPR&KDQ EHIUFKWHWH HLQH ,QYDVLRQ :DV ZDU QDWUOLFKHU DOV GD HU ZLVVHQ ZROOWH ]X ZHOFKHP=HLWSXQNWXQGDQZHOFKHP2UWGLH,QYDVLRQEHJLQQHQZUGHPLWZHOFKHU7UXSSHQVWlUNH GHU*HJQHUDQ]XJUHLIHQJHGDFKWHXQGZDVVHLQHQGJOWLJHV=LHOZDU(VJDE0LWWHOGHQ*HIDQJHQHQ ]XU+HUDXVJDEHGLHVHU,QIRUPDWLRQ]X]ZLQJHQ$EHUVHOEVWGDQQZUGHHUVHLQHU6DFKHQLFKWVLFKHU VHLQREGHU*HVWlQGLJHGLH:DKUKHLWVSUDFKRGHUVLFKHLQIDFKHLQH*HVFKLFKWHDXVGDFKWHXPGHQ 7RUWXUHQGHV9HUK|UV]XHQWULQQHQ6LFKHUHUZDUHVZHQQPDQLKPGLH0|JOLFKNHLWJDEPLWVHLQHQ HLJHQHQ/HXWHQ]XVSUHFKHQXQGGLH*HVSUlFKHGDEHLDEK|UWH 6R ZHLW JODXEWH -XOLDQ 6DNKPR&KDQV 3ODQ GXUFKVFKDXW ]X KDEHQ (U ZUGH LKP HQWJHJHQNRPPHQ(U ZUGH 9HUELQGXQJ PLW MHPDQG DXIQHKPHQ GHQ HV LQ :LUNOLFKNHLW JDU QLFKW JDE XQG LKP 1DFKULFKWHQ ]XNRPPHQ ODVVHQ GLH 6DNKPR&KDQ GHQ OHW]WHQ 5HVW LQQHUHU 5XKH UDXEWHQ $EHU HU ZUGHHVQLFKWVRWXQZLHPDQHVYRQLKPHUZDUWHWH(UZUGHGLH5ROOHGHVVFKODXHQ*HIDQJHQHQ VSLHOHQGHUJHQDXZXWHZDUXPPDQLKPGHQ0LQLNRPJHODVVHQKDWWHXQGVLFKZHLJHUQGDV*HUlW ]X EHQW]HQ (U ZDU NHLQ 7HOHSDWK DEHU HU YHUVWDQG JHQXJ YRP 0HWLHU GHU 7HOHSDWKLH XP ]X ZLVVHQGDDXFKHLQ1LFKW7HOHSDWKHVIHUWLJEUDFKWHNRQWLQXLHUOLFKH*HGDQNHQVWU|PH]XHU]HXJHQ GLHYRQHLQHP7HOHSDWKHQHPSIDQJHQZHUGHQNRQQWHQ =XQlFKVW EUDXFKWH HU HLQHQ $XIEDX VR]XVDJHQ HLQ %KQHQELOG YRU GHVVHQ +LQWHUJUXQG HU VHLQ 6FKDXVSLHOJODXEZUGLJDE]LHKHQNRQQWH(UOHJWHVLFKPLWGHP%DXFKDXIGLH/LHJHXQGVFKORGLH $XJHQXPYRP/LFKWQLFKWJHVW|UW]XZHUGHQ ,UJHQGZR ]ZLVFKHQ KLHU XQG :HJD ZDUWHWH GLH ,QYDVLRQVIORWWH YRQ :HJD DXI GHQ %HULFKW GHV 6FRXWVGHUEHL1DFKWXQG1HEHODXIGHU(UGHDEJHVHW]WZRUGHQZDU$Q%RUGGHV)ODJJVFKLIIVJDE HV HLQH *UXSSH YRQ 6SH]LDOLVWHQ DOOHVDPW 7HOHSDWKHQ GLH 7DJ XQG 1DFKW QLFKWV DQGHUHV ]X WXQ KDWWHQ DOV PLW LKUHQ PHQWDOHQ )KOHUQ GHQ bWKHU ]X GXUFKIRUVFKHQ XP DXFK QLFKW GLH OHLVHVWH :LOOHQVlXHUXQJGHV6FRXWV]XYHUVlXPHQ9RQVHLQHU(QWVFKHLGXQJKLQJDEZLHEDOGGLH,QYDVLRQ GXUFKJHIKUW ZHUGHQ ZUGH ,KP REODJ GLH JQVWLJVWHQ $QVDW]SXQNWH ]X HUPLWWHOQ XQG GLH 5DXPVFKLIIH GHU ,QYDVLRQVIORWWH VR ]X GLULJLHUHQ GD GHU *HJQHU GLH 6FKZLHULJNHLWHQ KDWWH VHLQH 9HUWHLGLJXQJVNUlIWHZLUNVDP]XP(LQVDW]]XEULQJHQ 'HU &KHI GHU 6SH]LDOLVWHQJUXSSH KLH ª%ODXHV $XJH© 'DV ZDU HLQ .RGHQDPH VHLQHQ ULFKWLJHQ NDQQWH QLHPDQG DXHU LKP VHOEVW XQG HLQ SDDU /HXWHQ LP 6LFKHUKHLWVGLHQVW ª%ODXHV $XJH© ZDU HLQHQ0HWHUDFKW]LJJURYRQXQWHUVHW]WHU*HVWDOW(UKDWWHKDOEODQJHVEUDXQHV+DDUNOHLGHWHVLFK HLQZHQLJVDORSSXQGPDFKWHLP JURHQXQGJDQ]HQGHQ(LQGUXFNHLQHV0DQQHVGHUYLHOUHGHWHXQGZHQLJOHLVWHWH 'DV.RQ]HSWGHV0DQQHVQDPHQVª%ODXHV$XJH©ELVLQVOHW]WH'HWDLODXV]XDUEHLWHQZDUZLFKWLJ 'HQQGLH7HOHSDWKHQLP.RPPDQGR]HQWUXP*RVKXQZUGHQVRIRUWEHPHUNHQZHQQGHU*HIDQJHQH ]X HLQHP 0DQQ ]X VSUHFKHQ EHJDQQ YRQ GHVVHQ bXHUHP HU NHLQH JHQDXH 9RUVWHOOXQJ KDWWH XQG GDPLWYHUEDQGVLFKGLH*HIDKUGDPDQVHLQH7lXVFKXQJGXUFKVFKDXWH $XFK GLH 'LPHQVLRQLHUXQJ GHU ,QYDVLRQVIORWWH ZDU HLQ ZLFKWLJHU 3XQNW 6LH PXWH JUR VHLQ VR GD VLH )XUFKW HUUHJWH DEHU GLH *U|H KDWWH JODXEZUGLJ ]X VHLQ (V KDWWH NHLQHQ =ZHFN YRQ +XQGHUWWDXVHQGHQYRQ5DXPVFKLIIHQ]XVSUHFKHQZHQQ]XP%HLVSLHOMHGHUPDQQKLHUZXWHGD :HJDXQP|JOLFKPHKUDOV]HKQWDXVHQG(LQKHLWHQDXIGLH%HLQHEULQJHQNRQQWH:HLWHUKLQPXWHHU EHL GHU $XVZDKO GHU $QJULIIVSXQNWH YRUVLFKWLJ VHLQ (U NDQQWH GLH *HRJUDSKLH GLHVHU :HOW QLFKW XQG QRFK YLHO ZHQLJHU ZXWH HU ZR GLH VFKZDFKHQ 3XQNWH GHV 9HUWHLGLJHUV ODJHQ 8P GLHVH 6FKZLHULJNHLW NRQQWH HU VLFK MHGRFK GXUFK GLH 9HUZHQGXQJ YRQ .RGHEH]HLFKQXQJHQ KHUXPDUEHLWHQ 1DFKGHP HU VLFK DXI GLHVH :HLVH JUQGOLFK YRUEHUHLWHW KDWWH YHUVXFKWH HU VLFK ]X HQWVSDQQHQ (QWVSDQQXQJZDUZLFKWLJIUGLH(U]HXJXQJHLQHVNRKlUHQWHQ*HGDQNHQVWURPV ª6FRXWDQ%ODXHV$XJH6FRXWDQ%ODXHV$XJH%LWWHHPSIDQJHQ6LHPHLQHQ%HULFKW 6FRXW ZXUGH KHXWH YRQ $QWRQV $JHQWHQ IHVWJHQRPPHQ $XIIRUGHUXQJ ]XP *HVWlQGQLV ZXUGH DEJHOHKQW 6FRXW HUKLHOW HLQHQ 7DJ %HGHQN]HLW 0RUJHQ IDOOV QRFK NHLQ *HVWlQGQLV YRUOLHJW VROO
6FRXWGHP6LFKHUKHLWVGLHQVWEHUJHEHQZHUGHQ 'HU %HJLQQ GHU 2SHUDWLRQ 0FNHQVWXUP PX GDKHU YRUYHUOHJW ZHUGHQ GD QDFK GHU 7RUWXU GHV 6FRXWV NHLQH *HZlKU GHU *HKHLPKDOWXQJ PHKU EHVWHKW $OV JQVWLJVWHU =HLWSXQNW ZLUG YRUJHVFKODJHQ 'LH 6WXQGH GHV /|ZHQ 1DFK HLQJHKHQGHU hEHUSUIXQJ GHU /DJH GHU 9HUWHLGLJXQJVNUlIWHZLUGGULQJHQG]XISOJHQGHP9RUJHKHQJHUDWHQ (UVWHQV/DQGXQJGHU(UVWHQXQG'ULWWHQ)ORWWHLP3ODQTXDGUDW4XRUXP/DQWKDQ%RPEDUGLHUXQJ YRQ $QWRQV 9HUWHLGLJXQJVDQODJHQ GXUFK GLH )QIWH 6FKZHUH )ORWWLOOH LQ GHQ 3ODQTXDGUDWHQ +DOLID[7DQWDO XQG 'HOWD2[\JHQ 0LW OHLFKWHU 9HU]|JHUXQJ /DQGXQJ GHU 9LHUWHQ XQG $FKWHQ )ORWWH LP 4XDGUDW (LQVWHLQ-XSLWHU 'DPLW VLQG $QWRQV 9HUWHLGLJXQJVOLQLHQ ]HUVFKODJHQ XQG ]ZHL ZLFKWLJH*HELHWHEHILQGHQVLFKLQXQVHUHU+DQG'LH=ZHLWH6HFKVWHXQG6LHEHQWH)ORWWHEOHLEHQDOV 5HVHUYHLP2UELW'DPLWZLUGHUUHLFKW© :HLWHU XQG ZHLWHU UROOWH GHU VWHWLJH 6WURP GHU *HGDQNHQ HLQ 'HWDLO QDFK GHP lQGHUQ GHV $QJULIIVSODQHV ]X EHVFKUHLEHQ -XOLDQ 7LIIORU JLQJ JlQ]OLFK LQ VHLQHU $XIJDEH DXI 6HLQH .RQ]HQWUDWLRQZDUYROONRPPHQ9RUVLFKVDKHUª%ODXHV$XJH©VRGHXWOLFKDOVJlEHHVGHQ0DQQ LQ:LUNOLFKNHLW $P6FKOXVHLQHU6HQGXQJDEHUEHPHUNWHHU ª6FRXW EHHQGHW KLHUPLW VHLQHQ %HULFKW $FKWXQJ 6FRXW ZLUG VLFK DXI GLHVHP :HJH QLFKW PHKU PHOGHQ (V VWHKW ]X EHIUFKWHQ GD $QWRQ LKQ GD]X ]ZLQJHQ ZLUG DEHUPDOV .RQWDNW PLW GHQ 9HUHLQLJWHQ 6WUHLWNUlIWHQ DXI]XQHKPHQ XQG YHUZLUUHQGH 0HOGXQJHQ ]X EHUPLWWHOQ $XV GLHVHP *UXQGH VLQG DOOH WHOHSDWKLVFKHQ 1DFKULFKWHQ GLH QDFK GLHVHU YRQ 6FRXW HPSIDQJHQ ZHUGHQ DOV JHJHQVWDQGVORV]XEHWUDFKWHQ 6FRXWZLHGHUKROW© (U EOLHE DXVJHVWUHFNW OLHJHQ 'LH $QVWUHQJXQJ GHU .RQ]HQWUDWLRQ KDWWH LKP GLH .UlIWH DXV GHP /HLE JHVRJHQ (U ZDU PGH (U NRQQWH VLFK YRUVWHOOHQ ZLH HV MHW]W LQ GHQ 5lXPHQ GHV 6LFKHUKHLWVGLHQVWHV ]XJLQJ ZHQQ VHLQ 7ULFN HUIROJUHLFK JHZHVHQ ZDU 6HLQ *HGDQNHQVWURP ZDU DXIJH]HLFKQHW ZRUGHQ =XHUVW ZUGH PDQ YHUVXFKHQ GHQ .RGH GHU 3ODQTXDGUDWH XQG =HLWHQ DXV HLQHU.UDIW]XHQWUlWVHOQ'DVZUGHQLFKWJHOLQJHQZHLOHVLQ:LUNOLFKNHLWNHLQHQ.RGHJDE 'DQQZUGHPDQVLFKDQLKQZHQGHQ (U ZDU HLQJHVFKODIHQ 'DV 7RQJHNOLPSHU GHU HOHNWURQLVFKHQ 9HUULHJHOXQJ ZHFNWH LKQ 'LH 7U JOLWW]XU6HLWH8QWHUGHUgIIQXQJVWDQGHQYLHU8QLIRUPLHUWH ª.RPPPLW©EHIDKOHLQHUEDUVFK :HQLJH 0LQXWHQ VSlWHU EHIDQG -XOLDQ 7LIIORU VLFK ZLHGHU LQ 6DNKPR&KDQV SRPS|VHP $UEHLWV]LPPHU 'LHVPDO ZLPPHOWH HV KLHU YRQ 0HQVFKHQ $OOH DXHU 6DNKPR&KDQ WUXJHQ 8QLIRUPHQ$QGHPhEHUIOXDQ*ROGXQG6LOEHUZDUXQVFKZHU]XHUNHQQHQGDHVVLFKXPKRKH 2IIL]LHUHKDQGHOWH ª:LUKDEHQGHLQH6HQGXQJDQJHK|UWXQGDXIJH]HLFKQHW©EUOOWH6DNKPR&KDQXQEHKHUUVFKWDOV GHU*HIDQJHQHKHUHLQJHIKUWZXUGH -XOLDQOlFKHOWHXQYHUELQGOLFK ª'DVLVWJXW'DQQZHLWGXMDDOOHVZDVGXZLVVHQZROOWHVW© 8QWHUGHQ2IIL]LHUHQZXUGHHLQ]RUQLJHV*HPXUPHOODXW ª'XJLEVWDOVR]XHLQHWHOHSDWKLVFKH6HQGXQJDEJHVWUDKOW]XKDEHQ"©NHLIWH6DNKPR&KDQ ª1HLQ©DQWZRUWHWH-XOLDQ ª'XELVWHLQ6SLRQ© ª1HLQ© ª'LH,QYDVLRQGHU9HUHLQLJWHQ6WUHLWNUlIWHGHV:HJD6\VWHPVVWHKWXQPLWWHOEDUEHYRU© -XOLDQKREGLH6FKXOWHUQ ª:RKHUVROOLFKGDVZLVVHQ"© 6DNKPR&KDQZDUIVLFKLQ+DOWXQJ ª:LU ZLVVHQ YRQ GHQ YHUEUHFKHULVFKHQ $EVLFKWHQ GHU :HJD5HJLHUXQJVFOLTXH :LU ZLVVHQ YRQ LKUHQLPSHULDOLVWLVFKHQ3OlQHQGLHDXIGLH%HKHUUVFKXQJGHVJHVDPWHQ5DXPVHNWRUVDE]LHOHQ:LU :HJDV 1DFKEDU VROOHQ GDV HUVWH 2SIHU VHLQ :LU VLQG HLQ NOHLQHU VFKZDFKHU 6WDDW NDXP HLQ
ZUGLJHU *HJQHU IU GLH ELV EHU GLH 2KUHQ DXIJHUVWHWHQ 0LOLWDULVWHQ YRQ :HJD $EHU XQVHUH %UJHU VLQG +HOGHQ ,Q GLHVHU 6WXQGH QRFK ZLUG GHU $XIUXI ]XP 9RONVNULHJ HUJHKHQ XQG GHQ EOXWJLHULJHQ,QYDVRUHQZLUGHLQH/HNWLRQHUWHLOWZHUGHQGLHVLHQLHYHUJHVVHQVROOHQ© %HLIDOOEUDQGHWHDXI'LH2IIL]LHUHNODWVFKWHQXQGDXILKUHQ*HVLFKWHUQ]HLJWHVLFKGHU$XVGUXFN ILQVWHUHU(QWVFKORVVHQKHLW'XDUPHU1DUUGDFKWH-XOLDQ$OOHJURHQ9|ONHUNDWDVWURSKHQKDEHQPLW JURHQ5HGHQEHJRQQHQ8QGZLHZLUVWGXGDVWHKHQZHQQGLH,QYDVLRQYRQ:HJDEHUKDXSWQLFKW VWDWWILQGHW" 6DKNPR&KDQZDQGWHVLFKDQGLH2IIL]LHUH ª/DWPLFKPLWGLHVHP6FKXUNHQDOOHLQH©EHIDKOHUª,FKZLOOPLWLKPUHGHQXQGVHKHQZDVLFK DXVLKPKHUDXVKROHQNDQQ© 'LH*HQHUlOHVFKLHQHQHLQZHQLJYHUZXQGHUWDEHUVLHJHKRUFKWHQ,QQHUKDOEHLQHU0LQXWHZDUGHU JURH5DXPOHHUELVDXI6DNKPR&KDQGHQ+HUUVFKHUGLHVHU:HOWXQG-XOLDQ7LIIORUGHQ*DVWYRQ HLQHU lQGHUQ 6DNKPR&KDQ EOLQ]HOWH (V ZDU HLQH PHUNZUGLJH SOXPSYHUWUDXOLFKH *HVWH GLH -XOLDQQLFKWHUZDUWHWKDWWH(UZDUEHUUDVFKW ª6RPXPDQ]XGHP9RONVSUHFKHQ©VDJWHHUEHLQDKHJHPWOLFKª:LUXQWHUXQVMHGRFKKDEHQ HWZDVDQGHUHV]XEHUHGHQ© -XOLDQVFKZLHJ(UZDUJHVSDQQW ª,FKZLOOGLFKQLFKWQRFKHLQPDOGDQDFKIUDJHQREGXHLQ:HJD6SLRQELVWRGHUQLFKW'XZUGHVW YHUQHLQHQXQGLFKZHQQLFKDQGHLQHU6WHOOHZlUHZUGHHVHEHQIDOOVWXQ$EHULFKVDJHGLU:HJD ZLUGGLHVHQ.ULHJ JHZLQQHQ8QVHUH ,QGXVWULHLVW QLFKWYRQ DXVUHLFKHQGHU6WlUNHXP LQVRNXU]HU =HLW HLQ ZLUNVDPHV 9HUWHLGLJXQJVSRWHQWLDO ]X VFKDIIHQ :LU ZHUGHQ DOVR XQWHUOLHJHQ $XV GLHVHU .HQQWQLVKHUDXVP|FKWHLFKGLUHLQHQ9RUVFKODJPDFKHQ© -XOLDQ]RJGLH%UDXHQLQGLH+|KHXPVHLQ,QWHUHVVH]X]HLJHQ ª'HLQ/HEHQIUPHLQHQ9RUWHLO©VDJWH6DNKPR&KDQXQGJULQVWHGD]XKLQWHUKlOWLJ ª,FKYHUVWHKHQLFKW©DQWZRUWHWH-XOLDQ ª'XVRUJVWGDIUGDGLH6LHJHU PLU /HEHQ)UHLKHLWXQG 9HUP|JHQODVVHQ XQGLFKEHIUHLH GLFK GDIU DXV GHU *HIDQJHQVFKDIW© (U QHLJWH GHQ .RSI ]XU 6HLWH XQG PXVWHUWH -XOLDQ DXV KDOE JHVFKORVVHQHQ$XJHQª+DVWGXJHQXJ(LQIOXXPHLQHVROFKH=XVLFKHUXQJHUUHLFKHQ]XN|QQHQ"© -XOLDQ]|JHUWHQLFKWODQJH ª-D©EHKDXSWHWHHUVHOEVWEHZXW 3O|W]OLFKHPSIDQGHU(NHOYRUGLHVHP0HQVFKHQ9RUZHQLJHQ0LQXWHQQRFKKDWWHHUHLQHPDUNLJH 5HGHJHKDOWHQXQGQXQVWDQGHUKLHUXQGIHLOVFKWHXP9RUWHLOHIUGLHHLJHQH3HUVRQ1LFKWQXUXP VHLQ/HEHQVRQGHUQDXFKXPVHLQ*HOG ª(VIUDJWVLFKQXU©VSUDFK-XOLDQZHLWHUªZLHLFKLQGHUNXU]HQ=HLWGLHXQVQRFKYHUEOHLEWPLW GHQHQWVSUHFKHQGHQ/HXWHQLQ9HUELQGXQJWUHWHQVROO© ª$XI WHOHSDWKLVFKHP :HJH© JULQVWH 6DNKPR&KDQ ª'X VFKHLQVW LQ GLHVHU +LQVLFKW HLQLJH (UIDKUXQJ]XEHVLW]HQ© -XOLDQ7LIIORUOlFKHOWH]XUFNKDOWHQG ª'X VDJWHVW PLU HV ZlUH HLQH %RWVFKDIW DEJHK|UW XQG DXIJH]HLFKQHW ZRUGHQ 9LHOOHLFKW K|UVW GX GLUGDV(QGHGHU%RWVFKDIWQRFKHLQPDODQ© ª'X PHLQVW GHQ 7HLO LQ GHP JHVDJW ZLUG GD DOOH ZHLWHUHQ %RWVFKDIWHQ GLHVHU $UW DOV JHJHQVWDQGVORVEHWUDFKWHWZHUGHQVROOHQ"© -XOLDQQLFNWH ª$EHUJLEWHVGHQQQLFKWHLQH0|JOLFKNHLWª%ODXHV$XJH©GDYRQ]XEHU]HXJHQGDHVVLFKXP HLQH GULQJHQGH 6DFKH KDQGHOW" ,FK PHLQH DOOHLQH DXV GHP 7H[W PWH KHUYRUJHKHQ GD HV VLFK QLFKWXPHLQH7lXVFKXQJKDQGHOW,PPHUKLQJHVWHKHLFKGDPLWHLQ© ª1HLQ©XQWHUEUDFKLKQ-XOLDQ ª1HLQ"©IUDJWH6DNKPR&KDQHQWVHW]W ª1HLQ© 6DNKPR&KDQVHQNWHGHQ%OLFN]X%RGHQXQGJLQJHLQLJH6FKULWWHDXIXQGDE9HU]ZHLIOXQJKDWWH LKQ JHSDFNW -XOLDQ EOLHE UHJORVVWHKHQ XQG VDJWH QLFKWV (VZDU JXW ZHQQ 6DNKPR&KDQ HLQ SDDU
0LQXWHQ ODQJ VR]XVDJHQ LP HLJHQHQ 6DIW VFKPRUWH EHYRU HU VHLQHQ HQWVFKHLGHQGHQ 9RUVFKODJ PDFKWH ª$EHULUJHQGZLH©ULHIGHU'LNWDWRUªPXHVGRFK P|JOLFKVHLQGLHVHV9RUKDEHQ]XYHUZLUNOLFKHQ(VJLEWGRFKHLQHQ:HJQLFKWZDKU"© $XV VHLQHQ GXQNOHQ $XJHQ OHXFKWHWH $QJVW (U ZDU DXI -XOLDQ ]XJHWUHWHQ XQG KDWWH GLH $UPH IOHKHQGDXVJHVWUHFNW ª(VJLEWHLQHQ:HJ©YHUVLFKHUWH-XOLDQ ª:HOFKHQ"©VFKQDSSWH6DNKPR&KDQ ª,FKPXGLH/HXWHDXIVXFKHQPLWGHQHQPDQLQGLHVHU6DFKH]XUHGHQKDW© ª'XPXWVLHDXIVXFKHQ"=XLKQHQKLQIOLHJHQ"0LWHLQHP5DXPVFKLII"© 'LH9RUVWHOOXQJVFKLHQ6DNKPR&KDQPLW(QWVHW]HQ]XHUIOOHQ ª1HLQQLFKWPLWHLQHP5DXPVFKLII0LW+LOIHHLQHV7UDQVPLWWHUV$OOHVDQGHUHZlUH]XODQJVDP© ª:DVLVWHLQ7UDQVPLWWHU"© ª6ROOLFKPLUIQI6WXQGHQ=HLWQHKPHQGLUGDV]XHUNOlUHQRGHUZROOHQZLUOLHEHUJOHLFKPLWGHU $UEHLWDQIDQJHQ"© ª*OHLFK QDWUOLFK© PXUPHOWH 6DNKPR&KDQ (WZDV VFKLHQ VHLQ 0LWUDXHQ HUUHJW ]X KDEHQ ª'DPLWHQWNRPPVWGXDOVRDXVPHLQHU*HZDOW'XELVWIUHLXQGHVEOHLEWGLUEHUODVVHQREGXGLFK IUPLFKHLQVHW]HQZLOOVWRGHUQLFKW'DVLVWQLFKWJHUHFKW© -XOLDQWDWJOHLFKJOWLJ ª:LHGXZLOOVW9RQPLUDXVYHUJHVVHQZLUGLHJDQ]H6DFKH© ª1HLQ QHLQ© SURWHVWLHUWH 6DNKPR&KDQ ª'DV JHKW QLFKW 'DQQ NRPPW GLH ,QYDVLRQ XQG LFK QXQGXZHLWZLHPDQDXI:HJDEHUPLFKGHQNW© -XOLDQQLFNWHREZRKOHUNHLQH$KQXQJKDWWH ª6RZLHLFKGLH6DFKHVHKHNDQQVWGXQLFKWYHUOLHUHQ©HUNOlUWHHUª:HQQLFKKLHUEOHLEHJHKWHV GLU DQ GHQ .UDJHQ VREDOG GLH ,QYDVLRQ EHJLQQW 6HOEVW ZHQQ GX PLFK IRUWOlW XQG LFK QLFKWV LQ GHLQHU 6DFKH XQWHUQHKPH ZLUG GHLQ 6FKLFNVDO GDGXUFK QLFKW VFKOLPPHU 8QWHUQHKPH LFK MHGRFK HWZDV GDQQ ZLUVW GX JHUHWWHW 'X JHZLQQVW DOVR QLFKWV LQGHP GX PLFK KLHUEHKlOWVW /lW GX PLFK GDJHJHQJHKHQJHZLQQVWGXGDGXUFKGLH+RIIQXQJGDGXJHUHWWHWZLUVW© 6DNKPR&KDQGDFKWHGDUEHUQDFK ª*XW©VDJWHHUVFKOLHOLFKª'XVROOVWGHLQHQ7UDQVPLWWHUKDEHQ:DVEUDXFKVWGXGD]X"© 'DV+DXSWVWDDWVDPWYHUIJWHEHUPHKU(QHUJLHDOV-XOLDQ7LIIORUIUVHLQH=ZHFNHEUDXFKWH(V ZXUGHQ.DEHO JHOHJW GLH LQ6DNKPR&KDQVXQWHULUGLVFKHP*HPDFKHQGHWHQXQG PHKUHUH WDXVHQG 0HJDZDWW OLHIHUQ NRQQWHQ ,Q]ZLVFKHQ KDWWH 6DNKPR&KDQ XQWHU VHLQHQ %HUDWHUQ GDV *HUFKW DXVVWUHXHQODVVHQGHU:HJD6SLRQKDEHVLFK]XU=XVDPPHQDUEHLWPLWLKPEHUHLWHUNOlUWXQGVHLLP %HJULIIHLQ*HUlW]XEDXHQGDVEHLGHU$EZHKUGHU,QYDVRUHQZLFKWLJH'LHQVWHOHLVWHQZUGH(V ZDUI HLQ EH]HLFKQHQGHV /LFKW DXI GLH 0HQWDOLWlW GHU /HXWH GLH VLFK GDUDQ JHZ|KQW KDWWHQ GHQ 6DNKPR&KDQ DOV XQIHKOEDUH $XWRULWlW LQ DOOHQ )UDJHQ DQ]XHUNHQQHQ GD DQ GLHVHU (UNOlUXQJ DQVFKHLQHQG QLUJHQGZR JH]ZHLIHOW ZXUGH 6DNKPR&KDQV *HPDFK ZXUGH PLW ]XVlW]OLFKHQ :DFKWSRVWHQ XPJHEHQ GLH GDIU ]X VRUJHQ KDWWHQ GD 6DNKPR&KDQ XQG GHU 6SLRQ LQ LKUHQ %HPKXQJHQQLFKWJHVW|UWZXUGHQ 'LH %DXWHLOH IU GHQ :DQGOHU XQG GLH HQWVSUHFKHQGHQ :HUN]HXJH ZXUGHQ ELQQHQ HLQHU KDOEHQ 6WXQGHDQJHOLHIHUW'DPLWEHJDQQ-XOLDQV3UREOHP=XVDPPHQVHW]XQJXQG)XQNWLRQGHV:DQGOHUV EHVWLPPWHQ DXI ZHOFKH %H]XJVHEHQH HU EHL $NWLYLHUXQJ GHV 3DUDFKURQ)HOGHV YHUVHW]W ZHUGHQ ZUGH'LH$EVWlQGH]ZLVFKHQGHQHLQ]HOQHQ8QLYHUVHQZDUHQDOV8QWHUVFKLHGHLQGHUSRWHQWLHOOHQ (QHUJLHHLQHUMHGHQ%H]XJVHEHQH]XGHXWHQ -XOLDQ 7LIIORU KDWWH QXU HLQH XQJHIlKUH 9RUVWHOOXQJ GDYRQ ZLH ZHLW HU HQHUJHWLVFK YRQ VHLQHU KHLPDWOLFKHQ %H]XJVHEHQH HQWIHUQW ZDU (U NRQQWH GHQ (QHUJLHEHWUDJ QXU JURE DEVFKlW]HQ XQG HEHQVR JHQDX RGHUXQJHQDXZLHVHLQH6FKlW]XQJZUGH DXFKGDV (UJHEQLV GHV 7UDQVSRUWYRUJDQJV VHLQ(UZDUVLFKHUGDHUVHLQHP8QLYHUVXPQlKHUNRPPHQZUGH$EHUXPHVJHQDX]X HUUHLFKHQ GD]X EHGXUIWH HV HLQHV K|FKVW XQZDKUVFKHLQOLFKHQ =XIDOOV DXI GHQ HU QLFKW UHFKQHQ GXUIWH 'LHVH (UNHQQWQLV EHXQUXKLJWH LKQ MHGRFK QLFKW VRQGHUOLFK (V ZDUHQ HEHQ PHKUHUH
3DUDFKURQ6SUQJH HUIRUGHUOLFK XP LKQ ZLHGHU LQ GLH +HLPDW ]XUFN]XEULQJHQ (U ZUGH GDV ([SHULPHQWGDVHUKHXWHKLHUYHUDQVWDOWHWHDXIDQGHUHQ%H]XJVHEHQHQZLHGHUKROHQPVVHQ 6DNKPR&KDQ VRUJWH GDIU GD HU ]X HVVHQ XQG ]X WULQNHQ HUKLHOW 'LH $UEHLW DP :DQGOHU JLQJ UDVFK YRQVWDWWHQ (U IJWH GDV *HUlW ]XVDPPHQ XQG EHVFKLFNWH HV NXU] PLW 6SDQQXQJ XP VHLQH :LUNXQJVZHLVH]XWHVWHQ'HU9HUVXFKYHUOLHI]XIULHGHQVWHOOHQG 'DQDFK NDP GHU 3URMHNWRU ,Q]ZLVFKHQ ZDU GQQHU 6WDKOGUDKW KHUDQJHVFKDIIW ZRUGHQ KDXFKIHLQ JH]RJHQ -XOLDQ EHDEVLFKWLJWH GHQ 3URMHNWRU DQ GHU 'HFNH QHEHQ GHP .URQOHXFKWHU ]X PRQWLHUHQ 'DV*HUlWZUGHHLQJORFNHQI|UPLJHV)HOGHU]HXJHQ:HQQHUVLFKXQPLWWHOEDUXQWHUGHP3URMHNWRU DXIVWHOOWHZDUHUVLFKHUDXIDOOHQ6HLWHQYRQGHP3DUDFKURQ)HOGXPVFKORVVHQ]XVHLQ :lKUHQGHUDUEHLWHWHXQG6DNKPR&KDQLKPLQWHUHVVLHUW]XVFKDXWHHUNOlUWHHUGLH:LUNXQJVZHLVH HLQHV7UDQVPLWWHUV(VZDUNODUGDHVHLQVROFKHV*HUlWKLHUQLFKWJDEZHQLJVWHQVQLFKWDXIGHU (UGHGLHVHV8QLYHUVXPV(UEHVFKULHEGHQ7UDQVPLWWHUVRZLHHUZLUNOLFKIXQNWLRQLHUWHREZRKOHV HLQ JlQ]OLFK DQGHUHV *HUlW ZDU DQ GHP HU EDXWH 6DNKPR&KDQ K|UWH DXIPHUNVDP ]X -XOLDQ ]ZHLIHOWH NHLQH 6HNXQGH GDUDQ GD LUJHQGZR LQ GLHVHP 5DXP HLQ $XIQDKPHJHUlW OLHI XQG MHGHV VHLQHU:RUWHDXI]HLFKQHWH:HQQHUYHUVFKZXQGHQZDUZUGH6DNKPR&KDQGLH$XI]HLFKQXQJHQ VHLQHQZLVVHQVFKDIWOLFKHQ([SHUWHQEHUJHEHQXQGLKQHQDXIWUDJHQGDV3ULQ]LSGHV7UDQVPLWWHUV]X HQWUlWVHOQ 1DWUOLFK ZUGH HV LKQHQ QLFKW JHOLQJHQ 0LW $XVQDKPH GHU EHUOLFKWVFKQHOOHQ 5DXPIDKUWKDWWHGLHVH:HOWRIIHQEDUQRFKNHLQHQ9RUVWRLQGHQ%HUHLFKGHUK|KHUGLPHQVLRQDOHQ (QHUJLHIRUPHQXQWHUQRPPHQ ,Q6DNKPR&KDQVXQWHULUGLVFKHP*HPDFKYHUORU-XOLDQ7LIIORUMHGHV*HIKOIUGHQ=HLWDEODXI(U DUEHLWHWH PLW GHU 9HUELVVHQKHLW GHV 0DQQHV GHVVHQ 6HOLJNHLW YRQ GHP (UIROJ GHV :HUNHV VHLQHU +lQGH DEKLQJXQGEDOGZDUGLH3DUDFKURQ$SSDUDWXUNRPSOHWW'HUZLFKWLJVWH%HVWDQGWHLOZDUHLQNOHLQHV 6FKDOWEUHWWPLWHLQHPHLQ]LJHQ6FKDOWHU(VODJDXIGHU.DQWHYRQ6DNKPR&KDQV6FKUHLEWLVFKXQG ZDUPLWGHP:DQGOHUGXUFKHLQH5HLKHYRQ'UlKWHQYHUEXQGHQ (UPDFKWHHLQHQ7HVWLQGHPVlPWOLFKH.RPSRQHQWHQGHU$SSDUDWXUJHSUIWZXUGHQRKQHGDHV MHGRFK ]XU (UVWHOOXQJ HLQHV 3DUDFKURQ)HOGHV NDP 'HU 7HVW YHUOLHI ]XIULHGHQVWHOOHQG 'LH $SSDUDWXUZDUEHUHLWLKQLQHLQDQGHUHV8QLYHUVXP]XNDWDSXOWLHUHQ ,Q GLHVHP $XJHQEOLFN HUKLHOW 6DNKPR&KDQ HLQ 5DGLRNRP*HVSUlFK (V PXWH HLQ lXHUVW ZLFKWLJHV*HVSUlFKVHLQGHQQHUKDWWHDQJHRUGQHWGDHUDXHUGXUFK(QWZLFNOXQJHQYRQK|FKVWHU :LFKWLJNHLW QLFKW JHVW|UW ZHUGHQ GUIH -XOLDQ IKOWH 0LWUDXHQ LQ VLFK DXIVWHLJHQ :DV NRQQWH HV JHEHQ GDV 6DNKPR&KDQ IU EHGHXWHQG JHQXJ KLHOW XP GDUXP GHQ 6WDUW VHLQHV 8QWHUKlQGOHUV ]X YHUVFKLHEHQ -XOLDQ7LIIORUVWDQGLQQHUKDOEGHVLPDJLQlUHQ.UHLVHVEHUGHQVLFKGDV3DUDFKURQ)HOGZLHHLQH *ORFNH KHUDEVHQNHQ ZUGH =ZHL 0HWHU YRQ LKP HQWIHUQW UXKWH GHU NOHLQH 6FKDOWNDVWHQ DXI GHU .DQWH GHV 6FKUHLEWLVFKV (U KlWWH LKQ QLFKW VHOEVW EHGLHQHQ N|QQHQ DXFK ZHQQ HU LQ 5HLFKZHLWH JHZHVHQ ZlUH 'HU 6FKDOWYRUJDQJ ZlKUWH QXU HLQLJH 0LOOLVHNXQGHQ 'LH *HIDKU ZDU ]X JUR GD GHU VLFK YRQ GHP 6FKDOWNDVWHQ ]XUFN]LHKHQGH $UP GDV ,QQHUH GHV JHUDGH HQWVWHKHQGHQ )HOGHV QLFKW HUUHLFKWH (V ZDU XQNODU ZDV LQ GLHVHP )DOOH JHVFKHKHQ ZUGH 'HIRUPDWLRQ RGHU 8QZLUNVDPNHLW GHV 3DUDFKURQ)HOGHV DEHU DXFK HLQH 9HUVWPPHOXQJ GHV ]X WUDQVSRUWLHUHQGHQ .|USHUVPRFKWHQGLH)ROJHVHLQ $OV GLH 7U VLFK |IIQHWH XQG 6DNKPR&KDQ ]XUFNNHKUWH ZXWH -XOLDQ QRFK LP VHOEHQ $XJHQEOLFN ZDV GLH 6WXQGH JHVFKODJHQ KDWWH 'DV *HVLFKW GHV 'LNWDWRUV ZDU ILQVWHU 8QDXIIlOOLJ VFKRE-XOLDQGLH+DQGLQGLH7DVFKHXQGJULIIQDFKGHP0LNUREODVWHUGHQPDQLKPPLWVDPWVHLQHQ DQGHUHQ%HVLW]WPHUQEHODVVHQKDWWHZRKOZHLO PDQVLFKEHUGLH*HIlKUOLFKNHLWGHU]LHUOLFKHQ:DIIHQLFKWLPNODUHQZDU ª,FKELQEHUHLW©HUNOlUWH-XOLDQ 6DNKPR&KDQKREDEZHKUHQGGLH+lQGH ª:DUWH QRFK HLQHQ $XJHQEOLFN© EHVFKZRU HU LKQ ª,FK KDEH HLQLJH /HXWH JHUXIHQ GLH =HXJHQ GHLQHV$EJDQJVVHLQVROOHQ© 'LH /JH ZDU QLFKW HLQPDO VRQGHUOLFK JHVFKLFNW %LVKHU KDWWH HU VHLQH 9HUKDQGOXQJHQ PLW GHP
YHUPHLQWOLFKHQ6SLRQLPJHKHLPHQEHWULHEHQ:R]XEUDXFKWHHUMHW]WDXIHLQPDO=HXJHQ-XOLDQ]RJ GLH:DIIHKHUYRU'LH0QGXQJULFKWHWHVLFKDXIGHQ'LNWDWRU ª,FKJHKHMHW]W©EHKDUUWHGHU7HUUDQHUª,FKEUDXFKHGHLQH=HXJHQQLFKW'XOJVW6DNKPR&KDQ 'HU9HUUDWVWHKWGLULP*HVLFKWJHVFKULHEHQ© (UGUFNWHDXIGHQ$XVO|VHU'LFKWEHU6DNKPR&KDQVZHLKDDULJHQ6FKlGHOKLQZHJIDXFKWHGHU QDGHOGQQH JOHLHQGH (QHUJLHVWUDKO XQG EUDQQWH HLQ KlOLFKHV /RFK LQ GLH :DQG KLQWHU GHP 'LNWDWRU(UGXFNWHVLFK(QWVHW]HQWUDWLQVHLQHQ%OLFNXQGGLH)DUEHVHLQHU+DXWYHUZDQGHOWHVLFK LQHLQNUDQNHV*UDX ª7ULWWQlKHU©EHIDKO-XOLDQª,FKEUDXFKHGLFKGDPLWGXDXIGHQ.QRSIGUFNVW© =|JHUQGJHKRUFKWHGHU'LNWDWRU ª'X ELVW GHU 9HUUlWHU© ]LVFKWH HU JHKlVVLJ ª,FK ZHL MHW]W GDGX NHLQ 6SLRQ ELVW 'X NRPPVW QLFKW YRQ :HJD 9RU ZHQLJHQ 0LQXWHQ VLQG HLQLJH PHLQHU $JHQWHQ DXV GHP :HJD6\VWHP ]XUFNJHNHKUW(VJLEWNHLQH,QYDVLRQ'LH:HJD5HJLHUXQJKDWVLFKHQWVFKORVVHQGLH%H]LHKXQJHQ DXIGHP:HJHGHU9HUKDQGOXQJ]XQRUPDOLVLHUHQ© ª6LHKVW GX© OlFKHOWH -XOLDQ ªGDPLW ELVW GX YRQ HLQHU JURHQ 6RUJH EHIUHLW :LH LFK GLFK NHQQH ZLUVWGXQLFKW]|JHUQGLUGDV9HUGLHQVWIUGLH8QWHUELQGXQJGHU,QYDVLRQVHOEVW]X]XVFKUHLEHQ© 6DNKPR&KDQVWDQGXQPLWWHOEDUYRUGHP6FKUHLEWLVFK ª'UFNDXIGHQ.QRSI©EHIDKO-XOLDQ ,QGLHVHP$XJHQEOLFN|IIQHWHVLFKGLH7U(LQH+RUGH YRQ8QLIRUPLHUWHQZROOWHKHUHLQGUlQJHQ]|JHUWHMHGRFKDOVVLHGLHPHUNZUGLJH.RQVWHOODWLRQLP ,QQHUQ GHV 5DXPHV HUNDQQWH 6DNKPR&KDQ VFK|SIWH QHXHQ 0XW (U ZDQGWH GHQ .RSI XP GHQ 0lQQHUQ HLQHQ %HIHKO ]X]XUXIHQ -XOLDQ IHXHUWH 'HU QDGHOIHLQH 6FKX WUDI GHQ 'LNWDWRU LQ GHQ UHFKWHQ 2EHUDUP 8QWHU GHP $XISUDOO GHV 6FKPHU]HV ]XFNWH GHU $UPPXVNHO 2KQH GD 6DNKPR &KDQGLH%HZHJXQJKlWWHNRQWUROOLHUHQN|QQHQVFKPHWWHUWHGLH+DQGDXIGHQNOHLQHQ6FKDOWHU 9RU -XOLDQV $XJHQ YHUVFKZDPPHQ GLH YHUEOIIWHQ *HVLFKWHU GHU 0lQQHU GLH VLFK XQWHU GHU 7U GUlQJWHQ(UVDK6DNKPR&KDQZDQNHQXQGPLWGHUOLQNHQ+DQGQDFKGHPYHUOHW]WHQ$UPJUHLIHQ 'DQQ HUORVFK GDV %LOG 8P -XOLDQ KHUXP ZDU QLFKWV XQG VHLQ 0DJHQ KRE VLFK XQWHU GHP ZLGHUZlUWLJHQ*HIKOGHVIUHLHQ)DOOV (U WDXPHOWH HLQ ZHQLJ NlPSIWH ]ZHL RGHU GUHL 6HNXQGHQ ODQJ XP VHLQ *OHLFKJHZLFKW XQG KDWWH GDQQHUVW=HLWVHLQH8PJHEXQJ]XEHWUDFKWHQ9HUNHKUVOlUPGUDQJLKPLQGLH2KUHQ(UVWDQGDP 5DQGHHLQHUPlLJEHOHEWHQ6WUDH$XIGHP)XZHJZDUHQ0HQVFKHQXQWHUZHJV'HU6WURPGHU )XJlQJHU WHLOWH VLFK XP GDV VR SO|W]OLFK HQWVWDQGHQH +LQGHUQLV XQG XPIOR HV .HLQHU GHU 0HQVFKHQVFKHQNWH-XOLDQ7LIIORUPHKUDOVHLQHQIOFKWLJHQ%OLFN 7LIIORUZDUEHUUDVFKW)UGLHVH/HXWHPXWHVHLQH*HVWDOWPLWWHQDXVGHP1LFKWVHQWVWDQGHQVHLQ :DUXP ]HLJWHQ VLH VLFK QLFKW EHUUDVFKW" :DUXP VWDUUWHQ VLH LKQ QLFKW DQ" :DUHQ 0DWHULDOLVLHUXQJVYRUJlQJHDXIGLHVHU:HOWHWZDV$OOWlJOLFKHV" (U VDK VLFK XP LQ GHU +RIIQXQJ KLHU RGHU GRUW HLQHQ JOHLFK VLFK DXV GHU /XIW PDWHULDOLVLHUHQ ]X VHKHQ$EHUQLFKWV'HUDUWLJHVJHVFKDK'LH0HQVFKHQGDJHJHQVWU|PWHQZHLWHUDQLKPYRUEHLXQG VFKHQNWHQLKPNHLQHUOHL%HDFKWXQJ'DEHLZDUHULP9HUJOHLFKPLWLKQHQ K|FKVW DXIIDOOHQG JHNOHLGHW (U EHYRU]XJWH NRQVHUYDWLY JHW|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lQQHUYRQGHQ
)UDXHQ]XXQWHUVFKHLGHQ8QGQRFKHWZDVILHO-XOLDQDXI(UK|UWHGDV*HUlXVFKGHU)DKU]HXJHGLH DXI GHU EUHLWHQ 6WUDH YRUEHLJOLWWHQ HU K|UWH GHQ /lUP YRQ 0DVFKLQHQ LUJHQGZR ]ZLVFKHQ GHQ *HElXGHQKHUYRUHUK|UWHGDV6FKOXUIHQGHU6FKULWWHGHU)XJlQJHU$EHUQLUJHQGZRK|UWHHUGHQ /DXWHLQHUPHQVFKOLFKHQ6WLPPH 'LH 6WDGW VHOEVW NDP LKP YDJH YHUWUDXW YRU 'LH 6WUDH KDWWH bKQOLFKNHLW PLW HLQHU GHU VGZHVWOLFKHQ$XVIDOOVWUDHQ YRQ 7HUUDQLD&LW\ 8QHQWVFKORVVHQ PLVFKWH HU VLFK LQ GHQ 6WURP GHU )XJlQJHU GHU LQ 5LFKWXQJ 6WDGWPLWWH XQG QXU GRUWKLQ ]X JHKHQ VFKLHQ /HXWH GLH VLFK LQ GLH HQWJHJHQJHVHW]WH5LFKWXQJEHZHJWHQJLQJHQDXIGHUDQGHUHQ6HLWHGHU6WUDH 'HP 6WDQG GHU 6RQQH QDFK ]X XUWHLOHQ ZHQQ GLH 6WUDH ZLUNOLFK LQ VGZHVWOLFKHU 5LFKWXQJ YHUOLHIPXWHHVIUKDP0RUJHQVHLQ%HLGHQJUDXJHNOHLGHWHQ/DQJKDDULJHQVFKLHQHVVLFKXP /HXWH]XKDQGHOQGLH]XU$UEHLWJLQJHQ*DEHVLQGLHVHU6WDGWNHLQ9HUNHKUVQHW]":DUXPJLQJHQ GLH0HQVFKHQDOOH]X)X" (LQ SDDU 0LQXWHQ VSlWHU VDK HU DQ HLQHP GHU *HElXGH GLH GLH 6WUDH VlXPWHQ HLQ ULHVLJHV 7UDQVSDUHQW PLW GHU $XIVFKULIW 0(16&+(1 ',( =8 )866 *(+(1 ',(1(1 ,+5(5 *(681'+(,781''$0,7'(0:2+/'(6*$1=(1:DUGDVGLH(UNOlUXQJ"(UIKOWHVLFK PGH XQG ]HUVFKODJHQ (U ZDJWH QLFKW GDUDQ ]X GHQNHQ ZDQQ HU ]XP OHW]WHQPDO DXVJLHELJ JHVFKODIHQKDWWH(U EUDXFKWHHLQ%HWW$EHUZLHNDPHU]XHLQHP%HWWRKQH*HOG]XKDEHQ" (U VFKOHQGHUWH ZHLWHU GDKLQ XQG QDKP GDV %LOG GHU 6WDGW LQ VLFK DXI 0DQFKHV HULQQHUWH LKQ DQ 7HUUDQLD&LW\ DQGHUHV ZLHGHUXP ZDU GHU 6WDGW DXV GHU HU NDP Y|OOLJ XQlKQOLFK 'HU OHW]WH 3DUDFKURQ6SUXQJ KDWWH LKQ RKQH =ZHLIHO VHLQHU %H]XJVHEHQH QlKHU JHEUDFKW DEHU HU ZDU GRFK QRFKHLQJDQ]HV6WFNZHLWYRQLKUHQWIHUQW'LH*HElXGHPDFKWHQWHLOZHLVHGHQ(LQGUXFNDOVVHLHQ VLH DXV HLQHU DOWHQ KDOE YHUJHVVHQHQ (SRFKH EULJJHEOLHEHQ $XFK GLH )DKU]HXJH ZLUNWHQ ]XP JU|WHQ 7HLO DOWPRGLVFK ZHQQ DXFK OlQJVW QLFKW VR DUFKDLVFK ZLH GLH *OHLWHU GLH HU DXI 6DNKPR &KDQV:HOWJHVHKHQKDWWH8QGVLHZDUHQJHQDXVRXQJHSIOHJWXQGYHUQDFKOlVVLJWZLHLKUH%HVLW]HU 7UDQVSDUHQWHXQG6FKLOGHUPLWZHLVHQ6SUFKHQXQG+LQZHLVHQJDEHVEHUDOO6LHZDUHQDQGHQ +lXVHUZlQGHQHQWODQJRGHUTXHUEHUGLH6WUDHQJHVSDQQWXQGPDQFKHYHUNQGHWHQ%RWVFKDIWHQ GLH -XOLDQ 7LIIORU QLFKW YHUVWDQG 6R ]XP %HLVSLHO 0(+5 )5(,=(,7 '85&+ 0(+5 $5%(,7 RGHU .,1'(5+257( 6,1' )h5 (5:$&+6(1( (V JDE HLQLJH GLH GLH YRUKHUUVFKHQGH ,GHRORJLHGLHVHU:HOW]XYHUGHXWOLFKHQVFKLHQHQZLHHWZDHLQHULHVLJH7DIHOPLW/HXFKWEXFKVWDEHQ DXIGHU]XOHVHQVWDQG(,19(51(+0(1(56(7=7(176&+(,'81* (U ZXWH ]ZDU QLFKW JHQDX ZDV HU VLFK GDUXQWHU YRU]XVWHOOHQ KDWWH DEHU HU EHNDP HLQHQ OHLVHQ +LQZHLV DOV HU VLFK GHV ODQJHQ :DQGHUQV PGH VFKOLHOLFK DQ HLQHQ )XJlQJHU ZDQGWH XP ]X HUIDKUHQZLHHUDPVFKQHOOVWHQLQV5HJLHUQJVYLHUWHONRPPH 'HUDQJHKDOWHQH)XJlQJHUPXVWHUWHLKQPLWHLQHPHUVWDXQWHQ%OLFNDOVILQGHHUHVXQHUK|UWYRQ HLQHP ZLOGIUHPGHQ 0HQVFKHQ PLWWHQ DXI GHU 6WUDH DQJHVSURFKHQ ]X ZHUGHQ $Q -XOLDQV *HVLFKWVDXVGUXFNVFKLHQHUMHGRFK]XHUNHQQHQGDGHU0DQQZLUNOLFKGHU+LOIHEHGUIHXQGHLQ $XVGUXFNYRQ0LWOHLGVFKOLFKVLFKLQVHLQH0LHQH (UVDKVLFKXP ª'D ZLOO LFK GLU JOHLFK KHOIHQ )UHXQG© VDJWH HU ZREHL HU HLQLJHQ 9RUEHUJHKHQGHQ ]XZLQNWH ª+HK )UHXQGH NRPPW KHU ,FK KDEH KLHU HLQHQ +LOIVEHGUIWLJHQ XQG ZLOO LKP LP (LQYHUQHKPHQ PLWHXFKEHLVWHKHQ© (WZDV9HUEOIIHQGHVJHVFKDK$OOHGLHGLH6WLPPHGHV5XIHQGHQK|UWHQXQWHUEUDFKHQLKUHQ:HJ XQG NDPHQ DXI 7LIIORU XQG VHLQHQ 6DPDULWHU ]X ,P 1X VDK -XOLDQ VLFK YRU HLQHU *UXSSH YRQ PLQGHVWHQV]ZDQ]LJ/HXWHQXPJHEHQ ª:HOFKH+LOIHEUDXFKWHU"©IUDJWHMHPDQG ª(U P|FKWH GHQ NU]HVWHQ :HJ ]XP 5HJLHUXQJVYLHUWHO ZLVVHQ© DQWZRUWHWH GHU 6DPDULWHU ª,FK VFKODJHYRUGDZLULKQEHUGHQ$UNRQ.RUVRXQGGLH$QGURPHGD$OOHHGRUWKLQVFKLFNHQ© ª1HLQQHLQ©PHOGHWHVLFKHLQ]ZHLWHU]X:RUWªGRUWLVW]XYLHO9HUNHKUHUZLUGVLFKGRUWGHQ7RG KROHQ(UPXGLH$FKW%6WUDHQHKPHQXQGGDQQ© ª(ULVWHLQ)UHPGHU©ULHIHLQGULWWHUª8QG GXZLOOVW LKQ GXUFK GLHKlOLFKVWHQ6WUDHQGHU6WDGW
VFKLFNHQ" 'D ZDU MD GHU HUVWH 9RUVFKODJ QRFK EHVVHU 7URW]GHP ELQ LFK GDIU GD HU GHQ 3DVVD %RXOHYDUGQLPPWGDQQOLQNVEHUGHQ3ORSKRV3ODW]XQGZHLWHUKDOEOLQNVGXUFKGLH6DWXUQ6WUDH© ª:DUXPGDV"©HUNXQGLJWHVLFKMHPDQGYHUEOIIWª'DVLVWEHLZHLWHPQLFKWGHUNU]HVWH:HJ© ª$EHU GRUW KlQJHQ GLH PHLVWHQ 7UDQVSDUHQWH© YHUWHLGLJWH GHU GULWWH VHLQ $QJHERW ª:HQQ HU VLH OLHVWZLUGLKPGHU/HEHQVPXW]XUFNNHKUHQ© ª'XPLWGHLQHQ7UDQVSDUHQWHQPHLQOLHEHU)UHXQG©ZXUGHHUYHUVSRWWHWª'LHVHU0DQQKLHUPX UDVFKDQV=LHONRPPHQGDVLVWGDV:LFKWLJVWH'LH(UEDXXQJNDQQHUVSlWHUQDFKKROHQ'XDUEHLWHVW ZRKOLP0LQLVWHULXPIU9RONVHU]LHKXQJ"© ª$OVKDOEHU6WDDWVVHNUHWlU©DQWZRUWHWHGHU*HIUDJWHVWRO] ª8QGGXELVWZLUNOLFKEHU]HXJWGDHXUH3ODNDWHHLQHVRVWDUNH:LUNXQJKDEHQZLH"© ª1DWUOLFKELQLFKGDV6HKWHXFKGRFKHXFKVHOEVWDQ)UHXQGH*HKWLKUQLFKWVFKRQVHLW:RFKHQ ]X)X]XU $UEHLWZLHHXFKGLH7UDQVSDUHQWHHPSIHKOHQ"8QGIKOWLKUHXFKQLFKWJHVQGHUDOVMH]XYRU"© =XVWLPPXQJXQG$EOHKQXQJZXUGHQ]XJOHLFKODXWDEHUGLH=XVWLPPXQJEHUZRJ ª$EHUPDQFKH6SUFKHNDQQPDQGRFKJDUQLFKWYHUVWHKHQ©SURWHVWLHUWHHLQHUDXVGHUKLQWHUVWHQ /LQLH 'HUKDOEH6WDDWVVHNUHWlUZLUEHOWHKHUXP ª6RZHOFKHGHQQQLFKW"'XKDVWZRKOGHLQHQ6DKP*UXVLQVN\QLFKWJHOHVHQ"© ª:DV KHLW ]XP %HLVSLHO +$5021,( *(+7 h%(5 )2576&+5,77" 6ROO GDV EHVDJHQ GD PDQQLFKW+DUPRQLHXQG)RUWVFKULWW]XJOHLFKKDEHQNDQQ"© ª'XKDVWZLUNOLFKGHLQHQ6XQG*QLFKWJHOHVHQPHLQ)UHXQG©VSRWWHWHGHUKDOEH6WDDWVVHNUHWlU ª,FK ZLOO GLU HUNOlUHQ ZDV GDPLW JHPHLQW LVW 'DV 6WUHEHQ GHV 0HQVFKHQ DOV HLQHV 7HLOV GHU *HPHLQVFKDIWJHKWQDFK*OFNXQG]ZDUQDFKGHPGHU*HPHLQVFKDIWHEHQVRVHKUZLHQDFKVHLQHP HLJHQHQ *OFN ,Q YHUJDQJHQHQ =HLWHQ ZDU PDQ RIW GHU $QVLFKW GD *OFN HLQH )XQNWLRQ GHV WHFKQLVFKHQ)RUWVFKULWWVVHL6DKQ*UXVLQVN\DEHUOHKUHQ© 0HKUK|UWH-XOLDQQLFKW(UKDWWHVLFKEHLVHLWHJHGUFNW'LH0HQVFKHQDFKWHWHQJDUQLFKWDXILKQ GLH'LVNXVVLRQVFKOXJVLHJlQ]OLFKLQLKUHQ%DQQ 0HLQ*RWWGDFKWH-XOLDQ7LIIORUHQWVHW]WDOVHUPGHZHLWHUGHQ%UJHUVWHLJHQWODQJPDUVFKLHUWH LQZDVIUHLQH:HOWELQLFKGDJHUDWHQ" 1DFK GLHVHU HUVWHQ (UIDKUXQJ EH]JOLFK GHV 9RUUDQJV YRQ (LQYHUQHKPHQ EHU (QWVFKHLGXQJ VXFKWH HU HLQH |IIHQWOLFKH %LOGVSUHFK]HOOH DXI XQG VWHOOWH ]X VHLQHP (UVWDXQHQ IHVW GD ]XU ,QEHWULHEQDKPH GHV *HUlWV *HOG HUIRUGHUOLFK ZDU 'RUW ZR HU KHUNDP ZDU GLH %HQXW]XQJ GHU |IIHQWOLFKHQ.RPPXQLNDWLRQVDQODJHQIU*HVSUlFKHELV]XHLQHUJHZLVVHQ'LVWDQ]NRVWHQORV (U ILVFKWH HLQH *HOGPDUNH DXV GHU 7DVFKH DEHU VLH ZROOWH QLFKW LQ GHQ (LQZXUIVFKOLW] SDVVHQ 8QWHUGHP6FKOLW]VWDQGHLQHNXU]H1RWL] 7 $07/,&+ $1(5.$117( %('h5)7,*( %(1h7=(1 ',(6(6 *(5b7 .267(1/26 817(5$1*$%(,+5(6%('h5)7,*(1.2'(6 -XOLDQGUFNWHGHQ6FKDOWHU$XIHLQHPNOHLQHQ%LOGVFKLUPOHXFKWHWHHLQH6FKULIWDXI *(/'(,1:(5)(12'(5%('h5)7,*(1.2'($1*(%(1 ª,FKELQIUHPGKLHU©VDJWH-XOLDQª,FKELQEHGUIWLJDEHULFKKDEHNHLQHQ%HGUIWLJNHLWVNRGH© 'LH /HXFKWVFKULIW HUORVFK XQG GHU 6FKDOWHU NHKUWH ZLHGHU LQ GLH $XVJDQJVVWHOOXQJ ]XUFN 'DV 6\VWHP KDWWH GHP %HGUIWLJHQ RKQH %HGUIWLJHQNRGH GLH $QQDKPH GHV *HVSUlFKV YHUZHLJHUW bUJHU VWLHJ LQ LKP DXI XQG GHU bUJHU YHUVFKHXFKWH GLH 0GLJNHLW 0LW QHXHU (QWVFKORVVHQKHLW ZDQGWH HU VLFK GHP 6WDGWLQQHUQ ]X (LQLJH GHU 6WUDHQQDPHQ GLH HU YRUKLQ JHK|UW KDWWH NODQJHQ LKP YHUWUDXW (V VDK VR DXV DOV VHL GLHVH 6WDGW ZLUNOLFK GDV bTXLYDOHQW YRQ 7HUUDQLD&LW\ DXI GHU DQGHUHQ %H]XJVHEHQH 8QWHU GLHVHQ 8PVWlQGHQ NRQQWH HV LKP QLFKW VFKZHUIDOOHQ VLFK ]XUHFKW]XILQGHQ (U HQWGHFNWH HLQH 8KU DQ HLQHU *HElXGHIDVVDGH XQG VWHOOWH IHVW GD HV DFKW 8KU GUHLXQGYLHU]LJ ZDU 'HU )XJlQJHUYHUNHKU ZXUGH DOOPlKOLFK GQQHU XQG DXFK GLH =DKO GHU 3HUVRQHQNUDIWZDJHQ DXIGHQ6WUDHQQDKPDE'DIUWUDWHQVFKZHUH/DVWHQJOHLWHULPPHUPHKULQ(UVFKHLQXQJ+LHUXQG
GDJDEHV5ROOWUHSSHQ RGHU*OHLWEDKQHQ GLHELV]XGHQ XQWHULUGLVFKHQ %DKQK|IHQGHU|IIHQWOLFKHQ 9HUNHKUVPLWWHO KLQDEIKUWHQ DEHU LQ (ULQQHUXQJDQ GHQ %LOGVSUHFK ]X GHVVHQ %HQXW]XQJ HU *HOG JHEUDXFKWKlWWH]RJ-XOLDQHVYRUGLH5|KUHQEDKQYRUOlXILJDOVQLFKWYRUKDQGHQ]XEHWUDFKWHQ (LQHLJHQDUWLJHU*HGDQNHVFKRLKPGXUFKGHQ.RSI1LFKW]XPHUVWHQPDO(UKDWWHHLQHlKQOLFKH ,GHH VFKRQ DXI 6DNKPR&KDQV :HOW JHKDEW *DE HV DXI GLHVHU %H]XJVHEHQH HLQHQ 0DQQ QDPHQV -XOLDQ 7LIIORU" 8QG HLQH )UDX QDPHQV 'DK\D" (V ZDU QLFKW XQGHQNEDU 8QG ZLH ZUGH HU VLFK IKOHQZHQQHUGHP0DQQQDPHQV7LIIORUJHJHQEHUWUDWRGHUGLH)UDXQDPHQV'DK\DLQGLH$UPH QDKP" $XI GLHVHU :HOW ZDU GDV 3UREOHP QRFK QLFKW GUlQJHQG $EHU HU KDWWH YRU VLFK LQ 6FKULWWHQ ]X VHLQHU%H]XJVHEHQH]XUFN]XWDVWHQXQGZUGHGDEHL8QLYHUVHQEHUKUHQGLHGHPVHLQHQQRFKYLHO lKQOLFKHU ZDUHQ DOV GLHVHV -H JU|HU GLH bKQOLFKNHLW ZDU GHVWR JU|HU DXFK GLH :DKUVFKHLQOLFKNHLWGDHUDXIHLQHQ'RSSHOJlQJHUWUDI8QGDXIHLQH'RSSHOJlQJHULQGHU)UDXGLH HUOLHEWH 'HU*HGDQNHDQ'DK\DHUIOOWHLKQPLW:lUPH(UEHVFKOHXQLJWHGLH6FKULWWHXQGVDKVFKOLHOLFK *HElXGH YRU VLFK DXIUDJHQ GLH QLFKWV DQGHUHV VHLQ NRQQWHQ DOV %DXWHQ LQ GHQHQ GLH 5HJLHUHQGHQ GLHVHU:HOWLKUHQ3IOLFKWHQQDFKJLQJHQ 1DFK OlQJHUHU 6XFKH IDQG HU HLQHQ *HElXGHDQQH[ GHU EHU GHP +DXSWHLQJDQJ GLH $XIVFKULIW 0,1,67(5,$/$07)h562=,$/(6WUXJ'LHVH6FKULIWDOOHLQHKlWWHLKPQLFKWYLHOEHVDJW$EHU EHU GHU 6FKULIW KLQJ HLQ 6SUXFKEDQG PLW GHQ :RUWHQ +,/)( )h5 ',( %('h5)7,*(1 ,67 -('(50$116$8)*$%($8&+'(,1('DZXWHHUGDHUDQGLHULFKWLJH6WHOOHJHNRPPHQ ZDU 'LH JURH +DOOH ZDU YROOHU 0HQVFKHQ ,Q HLQHU(FNH KDWWH VLFK HLQH 'LVNXVVLRQVJUXSSH JHELOGHW DEHUVRQVWVWDQGHQGLH/HXWHHLQIDFKKHUXPXQGVWDUUWHQZRUWORVLQV/HHUH(VZDUQLFKWNODUREGLH 0HQJHVLFKKLHUEHIDQGXP]XKHOIHQRGHU+LOIH]XHPSIDQJHQ6LHZDUQLFKWVFKlELJHUXQGQLFKW HOHJDQWHUJHNOHLGHWDOVGLH/HXWHGLHHUGUDXHQDXIGHP:HJ]XU$UEHLWJHVHKHQKDWWH (UPDFKWHHLQHQ,QIRUPDWLRQVURERWDXVILQGLJ(VZDUHLQDOWPRGLVFKHV)DEULNDWMHGRFKVFKLHQHV HUVWYRUNXU]HPKLHULQVWDOOLHUWZRUGHQ]XVHLQ ª,FKVXFKH+LOIH©VDJWH-XOLDQ ª6LQG6LHEHGUIWLJ"© (VZDUGDVHUVWHPDOLQODQJHU=HLWGDPDQLKPJHJHQEHUGLHIRUPHOOH$QUHGHJHEUDXFKWH ª-DLFKELQEHGUIWLJ©JHVWDQGHU ª:HOFKHVLVW,KU%HGUIWLJHQNRGH"© ª,FKKDEHNHLQHQ©-XOLDQEHUOHJWHEOLW]VFKQHOOXQG IJWHHUNOlUHQGKLQ]Xª,FKELQHUVWYRUNXU]HPEHGUIWLJJHZRUGHQXQGELWWHXP$XIQDKPHLQGLH 5HLKHGHUDPWOLFKDQHUNDQQWHQ%HGUIWLJHQ© ª,KU1DPH"© ª-XOLDQ7LIIORU© 'LHEHLGHQ:RUWHZDUHQNDXPKHUDXVGDEHGDXHUWHHUHVVLHDXVJHVSURFKHQ]XKDEHQ:LHZHQQ HVDXIGLHVHU:HOWGRFKHLQHQ'RSSHOJlQJHUJDEGHUHEHQVRZLHHUHLQKRKHV6WDDWVDPWLQQHKDWWH" ª0HOGHQ6LHVLFKDP0RQWDJZLHGHU©HPSIDKOLKPGHU5RERWª'LH%XFKVWDEHQ5ELV7VLQGHUVW DP0RQWDJGUDQ© ª:HOFKHQ7DJKDEHQZLUKHXWH"© ª'LHQVWDJ© ª6RODQJH NDQQ LFK QLFKW ZDUWHQ© SURWHVWLHUWH -XOLDQ ª,FK ELQ Y|OOLJ PLWWHOORV KDEH NHLQH 8QWHUNXQIWXQG]XGHPPXLFK© $EHU GHU 5RERW KDWWH LQ]ZLVFKHQ DEJHVFKDOWHW -XOLDQ EHGDFKWH GDV VHHOHQORVH *HUlW PLW HLQHP ZWHQGHQ%OLFN'DQQZDQGWHHUVLFKDEXQGULFKWHWHVHLQH6FKULWWH]XP0LWWHOSXQNWGHU+DOOHKLQ ZRGLH0HQVFKHQDPGLFKWHVWHQVWDQGHQ3O|W]OLFKEOLHEHUVWHKHQZDUIGLH$UPHLQGLH+|KHVWLH HLQHQJXUJHOQGHQ6FKUHLDXVUROOWHPLWGHQ$XJHQXQGVWU]WHVFKHLQEDUEHZXWORV]X%RGHQ -HW]WPXWHVLFK]HLJHQZLHXQPHQVFKOLFKGLHVH:HOWZLUNOLFKZDU (U KDWWH GLH $XJHQ JHVFKORVVHQ XQG K|UWH ZLH GLH (UUHJXQJ ULQJV XP LKQ ZXFKV 5XIH ZXUGHQ
ODXW'LHVH0HQVFKHQZDUHQKLOIVEHUHLWGDVNRQQWHLKQHQQLHPDQGQHKPHQ$EHULKUHXQJOFNVHOLJH 0HQWDOLWlWKLQGHUWHVLHGDUDQGLH%HUHLWVFKDIWPLWGHUQRWZHQGLJHQ(LOHLQGLH7DWXP]XVHW]HQ ª-HPDQGLVWEHZXWORVJHZRUGHQ©K|UWHHUMHPDQGVFKUHLHQª0DQPXHLQHQ$U]WKROHQ© ª1HLQ6DQLWlWHUVLQGEHVVHU©DQWZRUWHWHHLQHDQGHUH6WLPPH ª(LQYHUQHKPHQ)UHXQGH(LQYHUQHKPHQLVWGDVHUVWH*HERW/DWXQVQLFKWVYRUHLOLJWXQ© :DKUVFKHLQOLFKZlUHHV]XHLQHU6]HQHlKQOLFKGHUJHNRPPHQGLH-XOLDQHUOHEWKDWWHDOVHUQDFK GHP NU]HVWHQ :HJ ]XP 5HJLHUXQJVYLHUWHO IUDJWH $EHU LUJHQG MHPDQG VFKLHQ QRFK HLQH 6SXU GHV 6LQQV IU :LUNOLFKNHLW EHZDKUW ]X KDEHQ 'DV 6WLPPHQJHZLUU YHUVWXPPWH SO|W]OLFK -XOLDQ K|UWH GDV 6XPPHQ HLQHV *HUlWV 6HNXQGHQ VSlWHU ZXUGH HU DXIJHKREHQ XQG DXI HLQH ZHLFKH 8QWHUODJH JHEHWWHW (U KDWWH 0KH HLQ *ULQVHQ ]X XQWHUGUFNHQ 6HLQ HUVWHU :XQVFK ZDU VFKRQ HUIOOW (U KDWWH HLQ %HWW (U VSUWH ZLH GLH 8QWHUODJH LQ %HZHJXQJ JHVHW]W ZXUGH 'DV *HPXUPHO EOLHE KLQWHU LKP ]XUFN(UNDPLQHLQHQ7HLOGHV*HElXGHVGHUQDFK'HVLQIHNWLRQVPLWWHOQURFK(UZDJWHHVQLFKW GLH$XJHQ]X|IIQHQDXV)XUFKWVHLQH9RUVWHOOXQJN|QQHRIIHQEDUZHUGHQ(UNRQQWHQLFKWK|UHQ REHUVLFKDXIHLQHU5RERWWUDJHEHIDQGRGHURE0HQVFKHQLKQEHJOHLWHWHQ'DV*HIlKUWDXIGHPHU UXKWHIXKUPHKUPDOVXP(FNHQRGHUVFKDUIH.XUYHQ(UNDPVFKOLHOLFKLQHLQHQ5DXPLQGHPGDV *HPXUPHO PHQVFKOLFKHU 6WLPPHQ ZLHGHU ]X K|UHQ ZDU 'LH 8QWHUODJH NDP ]XU 5XKH *UHLIDUPH VFKREHQ VLFK LKP XQWHU GHQ 5FNHQ XQG OXGHQ LKQ DXI HLQH /LHJH GLH ZRP|JOLFK QRFK ZHLFKHU QRFK NRPIRUWDEOHU ZDU (LQ 0HQVFK ZDU LQ GHU 1lKH -HPDQG EHIHVWLJWH LKP GLH (OHNWURGHQ YRQ 0LLQVWUXPHQWHQDXIGHP8QWHUDUPDQGHU6FKOlIHXQGDXIGHU%UXVW-XOLDQKLHOWVWLOO1DFKHLQHU :HLOHVDJWHHLQHPlQQOLFKH6WLPPH ª1LFKWV%HVRQGHUHVQXU(UVFK|SIXQJ'HU0DQQPXUXKHQ© -XOLDQ DWPHWH DXI 0LW GHU (UOHLFKWHUXQJ NDP DXFK GLH 0GLJNHLW ,Q ZHQLJHQ 0LQXWHQ ZDU HU HLQJHVFKODIHQ (LQ*HVLFKWEHXJWHVLFKEHULKQ(VZDUGDV*HVLFKWHLQHV0DQQHVPLWODQJHQJUDXHQ+DDUHQXQG HLQHP %DUW 'HU 0DQQ WUXJ HLQHQ KHOOEODXHQ .LWWHO $XI GHU %UXVWWDVFKH ULQJHOWH VLFK bVNXODSV 6FKODQJHXPHLQHQ6WDE ª$XVJHVFKODIHQ"©IUDJWHGHU*UDXKDDULJHOlFKHOQG -XOLDQQLFNWH ª,FK ELQ 'RNWRU 6DERQQH PHLQ )UHXQG© VDJWH GHU 0DQQ LP EODXHQ .LWWHO ª8QG GX VLHKVW PLU QLFKWVRDXVDOVNlPHVWGXKLHUDXVGHU*HJHQG© ª-XOLDQ7LIIORU©VWHOOWH-XOLDQVLFKYRUª1HLQLFKELQQLFKWYRQKLHU© 6DERQQHKREGLH%UDXHQ ª,VW GDV GHLQ ZLUNOLFKHU 1DPH )UHXQG RGHU KDVW GX GLU LKQ QXU ]XJHOHJW VR]XVDJHQ XP GHV $QGHQNHQVZLOOHQ"© -XOLDQKRUFKWHDXI ª'HV$QGHQNHQVZLOOHQ"©ZLHGHUKROWHHU ª-D =XP $QGHQNHQ DQ GHQ JURHQ ,GHRORJHQ -XOLDQ 7LIIORU GHU OHLGHU YRU HLQLJHQ -DKUHQ GDV =HLWOLFKHVHJQHWH© -XOLDQNRQQWHQLFKWDQGHUVGLH6SDQQXQJGLHVLFKLP/DXIHGHU7DJHLQLKPDXIJHVWDXWKDWWHO|VWH VLFKLQEHIUHLHQGHP/DFKHQ'U6DERQQHPXVWHUWHLKQEHVWU]W ª9HU]HLK PHLQ )UHXQG© EUDFKWH -XOLDQ PLW 0KH KHUYRU XQG EHGLHQWH VLFK GDEHL GHU KLHU JHEUlXFKOLFKHQ 5HGHZHLVH ªDEHU HV NDP HLQIDFK VR EHU PLFK ,FK KHLH ZLUNOLFK -XOLDQ 7LIIORU 'HQ,GLRORJHQNHQQHLFKQLFKWDEHULFKELQIURKGDLFKQLFKWLQVHLQHU+DXWVWHFNH'HQQLFKNDQQ +LOIHQRFKJXWJHEUDXFKHQZlKUHQGIULKQMHGH+LOIH]XVSlWNRPPW© ª:LHPHLQVWGXGDV"©HUNXQGLJWHVLFK6DERQQHLQWHUHVVLHUW ª,FKELQIUHPGLQGLHVHU:HOW,FKKDEHNHLQ*HOGNHLQH8QWHUNXQIWQLFKWV]XHVVHQXQGLFKPX VFKOHXQLJVWDXIPHLQH:HOW]XUFNNHKUHQ© ª:HOFKH:HOWLVWGDV"© ª'LH(UGH© ª'XEHILQGHVWGLFKKLHUDXIGHU(UGH©NRQVWDWLHUWH6DERQQHPLWHLQHP*HVLFKWVDXVGUXFNGHVVHQ
%HVRUJQLV GDUDXI KLQZLHV GD HU EHJDQQ GLH JHLVWLJH *HVXQGKHLW VHLQHV 3DWLHQWHQ LQ =ZHLIHO ]X ]LHKHQ ª,FKPHLQHHLQHDQGHUH(UGH©HUNOlUWH-XOLDQª6FKRQPDOZDVYRP3DUDFKURQ3UR]HJHK|UW"© 6DERQQHGDFKWHQDFK ª1HLQ©EHNDQQWHHU ª$EHUGLH+\SWKHVHYRQGHU3DUDOOHOLWlWGHU8QLYHUVHQLVWGLUEHNDQQW"© ª,FKKDEHGDYRQJHK|UW:LOOVWGXYLHOOHLFKWDQGHXWHQGDGX© 6HLQ*HVLFKWZDUHLQJURHV)UDJH]HLFKHQ ª,FK NRPPH YRQ HLQHU DQGHUHQ %H]XJVHEHQH© YHUVLFKHUWH -XOLDQ ª8QG LFK ZLOO ZLHGHU DXI GLH PHLQH]XUFN'D]XEUDXFKHLFK+LOIHWHFKQLVFKH+LOIH:RILQGHLFKGLH"© 6DERQQHZLVFKWHVLFKEHUGLH6WLUQ ª,FKYHUVWHKHGDVDOOHVQLFKW©PXUPHOWHHU(UVDKVLFKXPª,FKJODXEHZLUPVVHQ© ª'X NDQQVW PLFK DXI PHLQHQ *HLVWHV]XVWDQG XQWHUVXFKHQ ODVVHQ )UHXQG© XQWHUEUDFK LKQ -XOLDQ ªXQG ZLUVW DOOHV LQ 2UGQXQJ ILQGHQ ,FK ELQ QLFKW YHUUFNW REZRKO LFK PLFK VHOEVW VFKRQ PDQFKHVPDOJHIUDJWKDEHRELFKHVQLFKWGRFKVHL© ª'XVSULFKVWY|OOLJLP(UQVW"© ª9|OOLJ©QLFNWH-XOLDQ ª'X VWDPPVW DXV HLQHP 3DUDOOHOXQLYHUVXUQ" 9RQ HLQHU 3DUDOOHOHUGH" :LH ELVW GX KLHUKHUJHNRPPHQ":HOFKHU0HFKDQLVPXV© -XOLDQKREGLH+DQG6DERQQHXQWHUEUDFKVLFKPLWWHQLP6DW] ª'DUEHU ZLOO LFK GLU JHUQH EHULFKWHQ )UHXQG© VDJWH -XOLDQ ª$EHU QLFKW KLHU DXI GHP .UDQNHQEHWW8QGDXFKQLFKWYRUHLQHP*UHPLXPYRQ:LVVHQVFKDIWOHUQGDVGXZRP|JOLFKXPGHU 6HQVDWLRQ ZLOOHQ KHUEHL]XUXIHQ JHGHQNVW ,FK DSSHOOLHUH DQ GHLQ *HZLVVHQ DOV $U]W ,FK ELQ HLQ 0HQVFKGHU+LOIHEHGDUI:LOOVWGXPLUGLHVH+LOIHOHLVWHQ"© 6DERQQHQLFNWHVWXPPGDQQIRUGHUWHHU-XOLDQDXI ª.RPPPLWPLU=LHKGLFKDQ'HLQH.OHLGHUKlQJHQGRUWLQGHP:DQGVFKUDQN© 'DV=LPPHU LQGHPGLH EHLGHQ 0lQQHUVLFK EHIDQGHQZDU NOHLQ XQGHQWKLHOW QXU GDVHLQH%HWW DXIGHP-XOLDQJHUXKWKDWWH0DQPXWHLKQZlKUHQGHUVFKOLHIKLHUKHUHLQJHEUDFKWKDEHQ (UNOHLGHWHVLFKDQ6DERQQHIKUWHLKQDXIHLQHQXQEHOHEWHQ*DQJKLQDXVXQGIQI7UHQZHLWHULQ HLQVSDUWDQLVFKHLQJHULFKWHWHV%UR ª+LHUUHVLGLHUHLFK©VDJWHHUQLFKWRKQH6SRWWª6HW]GLFKXQGHU]lKOPLUZLHHVGLUHUJDQJHQLVW© -XOLDQ WDW LKP GHQ *HIDOOHQ (U IDQG LQ 6DERQQH HLQHQ =XK|UHU GHU YLHOOHLFKW QLFKW GDV ZLVVHQVFKDIWOLFKH :LVVHQ EHVD XP VHLQHP %HULFKW =XJ XP =XJ ]X IROJHQ DEHU GDIU HLQH UHJH 9RUVWHOOXQJVNUDIWGLHGLHVHQ0DQJHOZHWWPDFKWH ª8QG MHW]W© HUNXQGLJWH HU VLFK ]XP 6FKOX ªVXFKVW GX QDFK HLQHU 0|JOLFKNHLW HLQH 3DUDFKURQ $SSDUDWXU]XEDXHQXQGPLWLKUHU+LOIHDXIGHLQH%H]XJVHEHQH]XUFN]XNHKUHQ"© ª:HQQDXFKQLFKWGLUHNWDXIPHLQH©DQWZRUWHWH-XOLDQªVRGRFKDXIHLQHGLHLKUQlKHUOLHJWDOV GLHVHKLHU© ª8QG GD]X EUDXFKVW GX HOHNWURQLVFKHV *HUlW HLQH 0HQJH GQQHQ 'UDKWHV XQG HLQ SDDU 0HJDZDWWVWXQGHQ(QHUJLH"© ª'DVLVWULFKWLJ©! 6DERQQHV*HVLFKWEHNDPHLQHQPLWOHLGYROOHQ$XVGUXFN ª'DZQVFKHLFKGLU*OFN©VDJWHHUªREZRKOLFKZHLGDLFKQXUHLQHQIURPPHQ:XQVFKWXQ NDQQ DXI GHVVHQ (UIOOXQJ NHLQHUOHL +RIIQXQJ EHVWHKW© (U VDK -XOLDQ PLWOHLGLJ DQ ª'X PDFKVW GLFKEHVVHUGDUDXIJHIDWGHQ5HVWGHLQHV/HEHQVKLHU]XYHUEULQJHQ© ª:DUXP"©IUDJWH-XOLDQ ª:HJHQGHV6\VWHPV©DQWZRUWHWH6DERQQHª,VWGLUQRFKQLFKWDXIJHIDOOHQZLHHVKLHU]XJHKW"© ª'LH/HXWHUHGHQYLHOXQGNRPPHQYRUODXWHU5HGHQQLFKWGD]XHWZDV]XWXQ©IDWH-XOLDQVHLQH (LQGUFNH]XVDPPHQ ª'DPLW KDVW GX GHQ )LQJHU JHQDX DXI GHU :XQGH© HUHLIHUWH VLFK 6DERQQH ª8P GLH 'LQJH ]X EHNRPPHQGLHGXEUDXFKVWZLUVWGXGLFKDQYHUVFKLHGHQHbPWHUZHQGHQPVVHQ$XIGHQbPWHUQ
ZLUGPDQGHLQHQ:XQVFK JHUQH HQWJHJHQQHKPHQ XQG DXI GLH 7DJHVRUGQXQJ VHW]HQ GLH LQ :LUNOLFKNHLW HLQH -DKU]HKQWHRUGQXQJ KHLHQ VROOWH ,Q GHQ bPWHUQ ZLUG PDQ YHUVXFKHQ (LQYHUQHKPHQ GDUEHU ]X VFKDIIHQREHLQ$QWUDJSRVLWLYRGHUQHJDWLYEHXUWHLOWZHUGHQVROO+DVWGXHLQH9RUVWHOOXQJZLHYLHO =HLWYHUVWUHLFKWELVHLQVROFKHV(LQYHUQHKPHQKHUJHVWHOOWLVW"© -XOLDQ7LIIORU]XFNWHPLWGHQ6FKXOWHUQ ª,FKJODXEHLFKNDQQPLUHLQ%LOGGDYRQPDFKHQ© ª(LQYHUQHKPHQHUVHW]W(QWVFKHLGXQJ©PXUPHOWH6DERQQHGHQ6SUXFKZLHGHUKROHQGGHQ-XOLDQ GUDXHQDXIGHU6WUDHGHV|IWHUHQJHOHVHQKDWWHª9RU-DKUKXQGHUWHQKLHHV6ROLGDULWlWJHKWEHU $XWRULWlW 'DUDQ NUDQNW GLHVHV 6\VWHP $OOHV LVW *HPHLQHLJHQWXP DXFK GLH 3UREOHPH GHU 0HQVFKHQ:LU0HGL]LQHUVLQGGLHHLQ]LJHQGHQHQPDQ]XJHVWHKWGDVLHGLH1RWZHQGLJNHLWEHU GDV(LQYHUQHKPHQVWHOOHQGUIHQ1XUDXIGHP*HELHWGHUDQJHZDQGWHQ0HGL]LQJLEWHVGLHVHDOWH (LQULFKWXQJ QRFK GLH (QWVFKHLGXQJ DXIJUXQG GHU $XWRULWlW GHV OHLWHQGHQ $U]WHV $EHU PDQ VLHKW XQVbU]WH GHVZHJHQ VFKHHODQ8QVHU %HUXILVWPLWHLQHP)OXFKEHKDIWHWGHU LKQGD]XYHUGDPPW IUDOOH=HLWHQDQGHP6FKHPDGHU$XWRULWlW]XKDIWHQ6RGHQNHQGLH0HQVFKHQGLHVHU:HOW© (UKDWWHYROOHU(UELWWHUXQJJHVSURFKHQ(UKROWHWLHI/XIWXQGIXKUGDQQIRUW ª,FK NHQQH GHLQH :HOW QLFKW DEHU GLH 1DLYLWlW GLH DXV GLU VSULFKW OlW YHUPXWHQ GD HV HLQH JOFNOLFKHUH LVW DOV GLH XQVHUH +LHU HUZDFKW GHU JHPHLQVFKDIWVHLJHQH 0HQVFK LQ VHLQHU JHPHLQVFKDIWVHLJHQHQ :RKQXQJ VWHKW DXI ZlVFKW VLFK LW Il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lUH 'XKDVWGLH0HQVFKHQDXIGHQ6WUDHQJHVHKHQ0DFKHQVLHHLQHQJOFNOLFKHQ(LQGUXFNDXIGLFK" 1HLQ 6HOEVW LQ GHLQHU 1RWODJH VLHKVW GX HLQ 0HQVFK YRQ HLQHU IUHPGHQ :HOW QRFK KXQGHUWPDO ]XIULHGHQHUDXVDOVGLH3XSSHQGLHGLHVHV6\VWHPDQ)lGHQ]LHKW 'X ZLOOVW GLHVH :HOW YHUODVVHQ XQG GX WXVW UHFKW GDUDQ $EHU LFK VDJH GLU GHLQ :XQVFK ZLUG VFKZHUZHQQQLFKWJDUXQP|JOLFK]XHUIOOHQVHLQ(VEHGDUIHLQHU5HYROXWLRQXPGDV7HPSRPLW GHPGLH5lGHUGLHVHV6\VWHPVVLFKGUHKHQ]XEHVFKOHXQLJHQ© $OVHUHLQH=HLWODQJJHVFKZLHJHQKDWWHVDJWH-XOLDQ7LIIORU ª1XQGDQQPDFKHQZLUHEHQHLQH5HYROXWLRQ© 'U6DERQQHLQWHUHVVLHUWHVLFKGHUDUWIU-XOLDQ7LIIORUV6FKLFNVDOGDHULKPHLQH8QWHUNXQIWLQ VHLQHP +RVSLWDO DQERW 'LHVH 8QWHUNXQIW EHVWDQG QLFKW QXU DXV HLQHP %HWW VRQGHUQ DXFK DXV GUHL 0DKO]HLWHQ SUR 7DJ VR GD -XOLDQ GDPLW ZHQLJVWHQV GHU 6RUJHQ XP GLH UHLQ SK\VLVFKH ([LVWHQ] YRUOlXILJ HQWKREHQ ZDU 'DV +RVSLWDO ZDU HLQH =ZHLJHLQULFKWXQJ GHV ª0LQLVWHULDODPWHV IU 6R]LDOHV© XQG GDQN GHU 6RQGHUVWHOOXQJ GHU 0HGL]LQHU JHQR 6DERQQH KLHU HLQ JHZLVVHV 0D DQ $XWRULWlW GDV LKP HUODXEWH HLQHQ %HGUIWLJHQ DXI]XQHKPHQ DXFK RKQH GD GLHVHU DPWOLFK DQHUNDQQWZDU $XHU8QWHUNXQIW XQG9HUSIOHJXQJKDWWH6DERQQH MHGRFKQRFKPHKU ]X ELHWHQ 6R ULHW HU-XOLDQ VLFKPLWVHLQHP$QOLHJHQDQGDV0LQLVWHULXPIU:LVVHQVFKDIW]XZHQGHQZRHUYRUJHEHQNRQQWH HLQQHXHV3ULQ]LSHQWGHFNW]XKDEHQIUGHVVHQ'HPRQVWULHUXQJHU%DXWHLOHXQG(QHUJLHEHQ|WLJWH $P QlFKVWHQ 7DJ PDFKWH -XOLDQ 7LIIORU VLFK GRUWKLQ DXI 'DV 0LQLVWHULXP IU :LVVHQVFKDIW UHVLGLHUWHLQHL QHPQRFKSRPS|VHUHQ%DXDOVGDV0LQLVWHULDODPWIU6R]LDOHVDEHUGLHJURH(PSIDQJVKDOOHLP (UGJHVFKRZDUIDVWY|OOLJOHHU-XOLDQZHQGHWHVLFK]XQlFKVWDQHLQHQ$XVNXQIWVURERW(UKDEHHLQ QHXHV UHYROXWLRQlUHV ZLVVHQVFKDIWOLFKHV 3ULQ]LS HQWGHFNW EHKDXSWHWH HU XQG ZROOH PLW HLQHP IU VROFKH 'LQJH ]XVWlQGLJHQ %HDPWHQ GDUEHU VSUHFKHQ 'HU 5RERW YHUZLHV LKQ DQ GDV 5HIHUDW IU
6RQGHUSURMHNWHXQGEHVFKULHELKPGHQ:HJ -XOLDQEHODQJWH]XQlFKVWLQHLQH$UW9RU]LPPHULQGHPYLHU0HQVFKHQLQHLQHKHIWLJH'LVNXVVLRQ YHUVWULFNWZDUHQ-XOLDQDQGLH*HEUlXFKHGLHVHU:HOWPLWWOHUZHLOHJHZ|KQWZDUWHWHJHGXOGLJELV GDV6WUHLWJHVSUlFKVLFKYRQVHOEVWWRWOLHIRKQHHLQHUNHQQEDUHV(UJHEQLV]XHU]LHOHQ'DVPlQQOLFKH 0LWJOLHGGHU'LVNXVVLRQVJUXSSHZDQGWHVLFKDQGHQ*HGXOGLJHQPLWGHU)UDJH ª:DVN|QQHQZLUIUGLFKWXQ)UHXQG"© ª,FKP|FKWHGHP5HIHUHQWHQEHUHLQQHXHVZLVVHQVFKDIWOLFKHV3ULQ]LSEHULFKWHQGDVLFKHQWGHFNW KDEH©DQWZRUWHWH-XOLDQ ª,VWHVHLQZLFKWLJHV3ULQ]LS"©ODXWHWHGLHQlFKVWH)UDJH ª(LQ ZHOWXPVWU]HQGHV 3ULQ]LS© EHKDXSWHWH -XOLDQ GHU VLFK QLFKW VLFKHU ZDU RE HV EHUKDXSW HUODXEWVHLZLVVHQVFKDIWOLFKH3ULQ]LSLHQLQZLFKWLJHXQGXQZLFKWLJH]XXQWHUWHLOHQ ª9LHOOHLFKWHU]lKOVWGXXQVHLQZHQLJGDUEHU)UHXQG©ZXUGHHUDXIJHIRUGHUWªGDPLWZLUKLHUXQV HLQ%LOGEHUGLH'ULQJOLFKNHLWGHLQHV$QWUDJVPDFKHQN|QQHQ© -XOLDQ HQWVSUDFK GLHVHP :XQVFK (U UHNDSLWXOLHUWH NXU] GLH +\SRWKHVH GHU SDUDOOHOHQ 8QLYHUVHQ VWHOOWH GDEHL IHVW GD HU KRFK EHU GLH .|SIH VHLQHU =XK|UHU KLQZHJUHGHWH XQG EHVFKULHE VFKOLHOLFKVHLQ3ULQ]LSDOVHLQVROFKHVGDV5HLVHQYRQHLQHP8QLYHUVXP]XPDQGHUHQHUP|JOLFKH $OV HU JHHQGHW KDWWH VDKHQ GLH YLHU 9RU]LPPHUEHDPWHQ HLQDQGHU IUDJHQG DQ 6LH QLFNWHQ ZLH DXI .RPPDQGRXQGGHUYRULJH6SUHFKHUHUNOlUWH-XOLDQ ª:LUKDEHQ(LQYHUQHKPHQGDUEHUHU]LHOWGDGHLQ 3ULQ]LSHLQZLFKWLJHV3ULQ]LSLVW)UHXQG'XGDUIVWDOVRPLWGHP5HIHUHQWHQVSUHFKHQ© (UZLHVDXIHLQH]ZHLWH7U-XOLDQJHODQJWHLQHLQHQJU|HUHQ5DXPGHUPLWVWLOXQGIDUEORVHQ 0|EHOVWNNHQ YROOJHVWHOOW ZDU +LQWHU HLQHP NOHLQHQ 6FKUHLEWLVFK KRFNWH HLQ 0DQQ PLW ODQJHP XQJHSIOHJWHP+DDUXQGPXVWHUWHGHQ(LQWUHWHQGHQPLPXWLJ ª,FKKDEHGHLQH5HGHJHK|UW)UHXQG©VDJWHHUEHYRU-XOLDQQRFK]X:RUWNRPPHQNRQQWHª'LH 7U GRUW LVW GQQ JHQXJ 'X KDVW HLQ ZLFKWLJHV 3ULQ]LS HQWGHFNW XQG LFK ELWWH GLFK HV PLU YRU]XIKUHQ© -XOLDQ7LIIORUV+HU]WDWHLQHQEHJHLVWHUWHQ6SUXQJ ª'D]X ELQ LFK JHUQH EHUHLW )UHXQG© DQWZRUWHWH HU ª$OOHUGLQJV EUDXFKH LFK GD]X DOOHUOHL *HUlW GDVPLUQLFKW]XU9HUIJXQJVWHKW9LHOOHLFKWNDQQVWGXPLUDXVKHOIHQ© ª:HQQ VLFK GHLQH )RUGHUXQJHQ LQ 0DHQ KDOWHQ ZHUGH LFK GLU KHOIHQ N|QQHQ© YHUVSUDFK GHU 5HIHUHQWª:DVEUDXFKVWGX"© -XOLDQ ]lKOWH DXI ZDV HU EUDXFKWH $OV HU ]X GHQ ]ZHLKXQGHUW 0HJDZDWWVWXQGHQ NDP YHUVFKOR VLFKGDV*HVLFKWVHLQHV=XK|UHUV ª'DV )UHXQG JHKW ZHLW EHU PHLQH %HIXJQLVVH KLQDXV© HUNOlUWH HU GHP %LWWVWHOOHU ª'DV LVW GHU PRQDWOLFKH(QHUJLHYHUEUDXFKHLQHU.OHLQVWDGWhEHUVRYLHONDQQLFKQLFKWYHUIJHQ© -XOLDQVFKZLHJ ª,FK ZHUGH GHLQHQ 9RUVFKODJ MHGRFK GHP *UHPLXP GHU 5HIHUHQWHQ YRUWUDJHQ© HUERW VLFK GHU 0DQQ KLQWHU GHP 6FKUHLEWLVFK ª'DV *UHPLXP WULWW KHXWH QDFKPLWWDJ ]XVDPPHQ .RPPH GDQDFK ZLHGHU ]X PLU XQG LFK ZHUGH GLFK ZLVVHQ ODVVHQ RE (LQYHUQHKPHQ EHU GHLQHQ $QWUDJ HU]LHOW ZRUGHQLVW© -XOLDQ7LIIORUZDUHQWODVVHQ 'U 6DERQQH KDWWH LKP HLQ ZHQLJ .OHLQJHOG JHJHEHQ (U VXFKWH GLH QlFKVWH |IIHQWOLFKH %LOGVSUHFK]HOOH DXI XQG OLH VLFK PLW GHU $XVNXQIWHL YHUELQGHQ 9RQ GHU $XVNXQIWHL YHUODQJWH HU HLQH$XIVWHOOXQJDOOHU5DGLRNRP 7HLOQHKPHU PLW GHP 1DPHQ 3HWUDVFK 'LH /LVWH OLHI YRU LKP EHU GHQ %LOGVFKLUP DEHU GHU JHVXFKWH $QVFKOX ZDU QLFKW GDEHL -XOLDQ ZLHGHUKROWH GHQ 9HUVXFK LQGHP HU QDFK ª3HWUDVK© IUDJWHXQGGDQQZHLWHUZREHLHUHLQHQQDFKGHPlQGHUQGLH%XFKVWDEHQGHV1DPHQVDEZDQGHOWH ELV LKP VFKOLHOLFK DQJH]HLJW ZXUGH GD HLQH 7HLOQHKPHULQ QDPHQV ª3HWUDV 'DK\D© XQWHU GHP 5XINRGH&]XHUUHLFKHQVHL (U RSIHUWH HLQ ZHLWHUHV *HOGVWFN XP GHQ JHQDQQWHQ $QVFKOX ]X HUUHLFKHQ (V PHOGHWH VLFK MHGRFK QLHPDQG $XI GLHVHU :HOW JHK|UWH 'DK\D DQVFKHLQHQG ]X GHP 3HUVRQHQNUHLV GHU HLQHU
UHJHOPlLJHQ $UEHLW QDFKJLQJ -XOLDQ QRWLHUWH VLFK GLH 6WUDHQDGUHVVH GLH GLH $XVNXQIWHL DQJHJHEHQ KDWWH $OV HU GDV *HUlW DXVVFKDOWHWH HUKLHOW HU VHLQ *HOGVWFN REZRKO GLH JHZQVFKWH 9HUELQGXQJQLFKW]XVWDQGHJHNRPPHQZDUQLFKW]XUFN (U YHUEUDFKWH GHQ 9RUPLWWDJ GDPLW GXUFK GLH 6WDGW ]X VWUHLIHQ XQG NHKUWH JHJHQ 0LWWDJ LQ GDV 0LQLVWHULDODPWIU6R]LDOHV]XUFNXPVLFKLQGHU.DQWLQHHLQH0DKO]HLWYHUDEUHLFKHQ]XODVVHQ(U VSUDFKPLW6DERQQHEHUGLH(UOHEQLVVHGHV9RUPLWWDJV ª'DV *UHPLXP GHU 5HIHUHQWHQ ZLUG VLFK QLFKW LQ GHLQHP 6LQQH HQWVFKHLGHQ© PHLQWH GHU $U]W VNHSWLVFKª=ZHLKXQGHUW0HJDZDWWVWXQGHQ VLQG HLQ XQJHKHXHUOLFKHU(QHUJLHEHWUDJZHQLJVWHQVIU GLHVH :HOW 0DQ ZLUG DQGHUH %HZHLVH IU GLH 5LFKWLJNHLW GHLQHU 7KHRULH YHUODQJHQ EHYRU PDQ EHUKDXSWGDUDQJHKWVLFKEHUGLH$EJDEHHLQHUVROFKHQ(QHUJLHPHQJHGHQ.RSI]X]HUEUHFKHQ© ª'DQQEOHLEWXQVQXUQRFKGHU:HJEHUGLH5HYROXWLRQ©JULQVWH-XOLDQ 6DERQQHPXVWHUWHLKQEHVWU]W ª,FKJODXEHJDUHVLVWGLUGDPLWHUQVWZLH"© ª9RQGLHVHU:HOWDXVZLUG5DXPIDKUWEHWULHEHQQLFKWZDKU"©HUNXQGLJWHHUVLFKXPGLH5HGHDXI HLQDQGHUHV7KHPD]XOHQNHQ ª1DWUOLFK (V JLEW LQ GHU 1lKH GLHVHU 6WDGW HLQHQ JURHQ 5DXPKDIHQ -HGH :RFKH VWDUWHW ZHQLJVWHQVHLQ5DXPVFKLII]XIHUQHQ:HOWHQ© ª*HJHQ GLH (QHUJLHPHQJHQ GLH GDEHL YHUEUDXFKW ZHUGHQ© HUNOlUWH -XOLDQ ªVLQG ]ZHLKXQGHUW 0HJDZDWWVWXQGHQHLQ1LFKWV© ª-DQDWUOLFK©DQWZRUWHWH6DERQQHªDEHUGLH5DXPIDKUWLVWHEHQHLQI|UGHUXQJVZUGLJHV3URMHNW 'DZLUGQLFKWJHVSDUWJDQ]HJDOZLHNQDSSGLH(QHUJLHLQDQGHUHQ%HUHLFKHQGHV/HEHQVLVW'HLQ 3URMHNW GDJHJHQ © (U ZLHJWH GHQ .RSI KLQ XQG KHU XQG ZXUGH QDFKGHQNOLFK ª(V ZUGH PLFK QLFKW ZXQGHUQ© VDJWH HU VFKOLHOLFK ªZHQQ GDV *UHPLXP GHU 5HIHUHQWHQ GLFK ]XHUVW HLQPDO DXIIRUGHUWHGHLQH%HIlKLJXQJ]XP(QWGHFNHQQHXHUZLVVHQVFKDIWOLFKHU3ULQ]LSLHQQDFK]XZHLVHQ© ,QQHUKDOEZHQLJHU6WXQGHQHUZLHVVLFKGD'U6DERQQHVHLQH:HOWULFKWLJEHXUWHLOWKDWWH*HJHQ VLHE]HKQ 8KU VSUDFK -XOLDQ HUQHXW LP 0LQLVWHULXP IU :LVVHQVFKDIW YRU 'LH RIIL]LHOOH $UEHLWV]HLW ZDU ]ZDU OlQJVW EHHQGHW DEHU GLH 'LVNXVVLRQ GHV *UHPLXPV KDWWH ELV YRU ZHQLJHQ 0LQXWHQ DQJHGDXHUWVRGD-XOLDQV5HIHUHQWVLFKQRFKLP*HElXGHEHIDQG-XOLDQVWLH]XLKPYRURKQHLP 9RU]LPPHU (LQYHUQHKPHQ EHU GLH 1RWZHQGLJNALW VHLQHU 9RUVSUDFKH HU]LHOHQ ]X PVVHQ 'HU 5HIHUHQWPXWHUWHLKQVFKDUIXQGIUDJWH ª'X ELVW DXVJHELOGHWHU :LVVHQVFKDIWOHU" $OVR HLQ 0DQQ GHU ]XU (QWGHFNXQJ QHXHU ZLVVHQVFKDIWOLFKHU3ULQ]LSLHQEHIlKLJWLVW"© ª-DZRKO©DQWZRUWHWH-XOLDQZDKUKHLWVJHPl ª'DQQ GDUI LFK GLU HUNOlUHQ GD LP *UHPLXP GHU 5HIHUHQWHQ (LQYHUQHKPHQ EHU GHLQHQ $QWUDJ ]XVWDQGH JHNRPPHQ LVW 'HLQHP $QWUDJ ZLUG VWDWWJHJHEHQ XQWHU GHU %HGLQJXQJ GD ]XYRU YRQ GHLQHU6HLWHJHZLVVH9RUDXVVHW]XQJHQHUIOOWZHUGHQ© ª:HOFKH%HGLQJXQJHQVLQGGDV"©HUNXQGLJWHVLFK-XOLDQ ª(UVWHQV GX OLHIHUVW GXUFK HQWVSUHFKHQGH 8QWHUODJHQ GHQ %HZHLV GHLQHU ZLVVHQVFKDIWOLFKHQ %HIlKLJXQJ =ZHLWHQV GX EHUPLWWHOVW GHP *UHPLXP GHU 5HIHUHQWHQ GLH YROOVWlQGLJH 'RNXPHQWDWLRQ GHU 9HUVXFKVVHULHQ GLH ]X GHLQHU (QWGHFNXQJ JHIKUW KDEHQ ]XU (LQVLFKWQDKPH 'ULWWHQVGXOlWDXIHLJHQH.RVWHQHLQ*XWDFK WHQ XQSDUWHLLVFKHU :LVVHQVFKDIWOHU HUVWHOOHQ GLH GHQ ZLVVHQVFKDIWOLFKHQ :HUW GHLQHU (QWGHFNXQJ EHXUWHLOHQXQGOHLWHVWGLHVHV*XWDFKWHQHEHQIDOOVGHP*UHPLXP]X9LHUWHQVGXEHVRUJVWZLHGHUXP DXI HLJHQH .RVWHQ HLQ *XWDFKWHQ PHKUHUHU XQSDUWHLLVFKHU 6R]LRORJHQ GLH EHU :HUW RGHU 8QZHUW GHLQHU (QWGHFNXQJ IU GLH *HVHOOVFKDIW XUWHLOHQ XQG EHUPLWWHOVW DXFK GLHVHV *XWDFKWHQ GHP *UHPLXPGHU5HIHUHQWHQ© (UPDFKWHHLQH3DXVHXQGVDK-XOLDQEHGHXWXQJVYROODQ ª1DFK(UIOOHQVlPWOLFKHU%HGLQJXQJHQXQGIDOOVGLHEHLGHQ*XWDFKWHQXQWHU3XQNWGUHLXQGYLHU SRVLWLYDXVIDOOHQZLUGGDV*UHPLXPGHU5HIHUHQWHQEHUGHLQHQ$QWUDJHUQHXWGLVNXWLHUHQXQG ZDVKDVWGX",FKZLOOGRFKQLFKWKRIIHQGDGX© -XOLDQ7LIIORUKDWWHYHUlFKWOLFKDEJHZLQNW
ª9HUJLGLHJDQ]H$QJHOHJHQKHLW©ULHWHUGHP5HIHUHQWHQZDQGWHVLFKXPXQGJLQJKLQDXV 'DV *HIKO GHU 1LHGHUJHVFKODJHQKHLW ZDU VR LQWHQVLY GD HV LKP HLQHQ XQDQJHQHKPHQ *HVFKPDFN DXI GHU =XQJH YHUXUVDFKWH (U KDWWH GLHVHU:HOW HLQHQHXH (UNHQQWQLV DQJHERWHQ HLQH XPZlO]HQGH (UNHQQWQLV 8QG ZLH KDWWH VLH GDUDXI UHDJLHUW" 0LW HLQHP :XVW NOHLQOLFKHU )RUGHUXQJHQGLHVHOEVWIUHLQHQ%UJHUGLHVHU:HOWVFKZHU]XHUIOOHQJHZHVHQZlUHQIUHLQHQ )UHPGHQ MHGRFK HLQ XQEHUZLQGOLFKHV +LQGHUQLV GDUVWHOOWHQ 'LHVH *HVHOOVFKDIW KDWWH VLFK PLW HLQHP *HKHJH YRQ 9RUVFKULIWHQ XQG 5HJHOQ XPJHEHQ GDV VLH QLFKW ]X GXUFKEUHFKHQ YHUPRFKWH VHOEVWXPGHVVHQVDWLRQHOOVWHQ)RUWVFKULWWVZLOOHQQLFKW(UNDPVLFKYRUZLH.ROXPEXVGHPVRHEHQ MHPDQG GLH %HGLQJXQJ JHVWHOOW KDWWH ]X EHZHLVHQ GD GLH (UGH ZLUNOLFK UXQG VHL EHYRU HU VHLQH )DKUW DQWUHWH :DVVHLQHQ0LPXWYHUVWlUNWHZDUGLH(LQVLFKWGDHUVHOEVWQLFKWPLWUHLQHP*HZLVVHQGDVWDQG (VZDULKPQLFKWGDUXPJHJDQJHQGLHVHP8QLYHUVXPHLQHQHXH(UNHQQWQLV]XYHUPLWWHOQ(UZROOWH DXIVHLQH%H]XJVHEHQHQ]XUFNNHKUHQGDVZDUVHLQHLQ]LJHV0RWLY(VZDULKPJOHLFKJOWLJREGLH 0HQVFKHQGLHVHU:HOWQDFKVHLQHP9HUVFKZLQGHQDXVGHQ$SSDUDWHQGLHHU]XUFNOLHGDV3ULQ]LS KHUDXVWIWHOQNRQQWHQGDVHULKQHQYHUVSURFKHQKDWWH 'LH 'lPPHUXQJ VHQNWH VLFK EHU GLH JURH 6WDGW 'LH 6WUDHQ OHHUWHQ VLFK ]XVHKHQGV 'LH 0HQVFKHQ ZDUHQ LQ LKUH :RKQXQJHQ ]XUFNJHNHKUW XQG KDWWHQ QLFKW GLH $EVLFKW VLH ELV ]XP QlFKVWHQ 0RUJHQ ZLHGHU ]X YHUODVVHQ (U KDWWH VLFK EHU GLH $QODJH GHU 6WDGW LQIRUPLHUW HLQH $QODJH GLH PLW 7HUUDQLD&LW\ YHUEOIIHQGH bKQOLFKNHLW XQG DXI GHU DQGHUHQ 6HLWH GHXWOLFKH $EZHLFKXQJHQ]HLJWHXQGEHZHJWHVLFK]LHOVWUHELJDXIGLH*HJHQG]XLQGHUGLH*UXVLQVN\6WUDH ODJHLQH6WUDHEULJHQVGLHHVLQGHU6WDGWGLHHUNDQQWHQLFKWJDE,P*HElXGH1XPPHU GHU *UXVLQVN\6WUDH EHIDQG VLFK GLH :RKQXQJ GHUHQ 5DGLRNRP$QVFKOX QDFK $XVVDJH GHU %LOGVSUHFK$XVNXQIWHLHLQHU)UDXQDPHQV'DK\D3HWUDVJHK|UWH (U ZXWH QLFKW JHQDX ZDV HU GRUW ZROOWH (U KDWWH HUIDKUHQ GD HV DXI GLHVHU :HOW HLQHQ 0DQQ QDPHQV -XOLDQ 7LIIORU JHJHEHQ KDWWH GHU YRU ZHQLJHQ -DKUHQ JHVWRUEHQ ZDU 'LHVHU 0DQQ KDWWH ZHQLJbKQOLFKNHLWPLW LKP EHVHVVHQ'LH%LOGHU GLH 'U 6DERQQH QRFK DXIWUHLEHQ NRQQWH]HLJWHQ LKQDOVHLQ]HUEUHFKOLFKHV*HVFK|SIGHPGLH/HEHQVPGLJNHLWLQGHQ$XJHQJHVFKULHEHQVWDQG(U ZDUDXIGLHVHU:HOWHLQH%HUKPWKHLWQLFKWDOVHLQHUGHU0LWEHJUQGHUGHU6RODUHQ)ORWWHVRQGHUQ DOV3KLORVRSK GHUGLH ,GHHQQDFK GHQHQ GLHVH:HOWOHEWH KDWWHPLWVFKDIIHQ KHOIHQ-XOLDQ 7LIIORU GHU7HUUDQHUIKOWHVLFKLKPGDUXPQLFKWVRQGHUOLFKYHUZDQGW 'DPLW VFKLHQ GLH bKQOLFKNHLW GHU EHLGHQ %H]XJVHEHQHQ ]X HQGHQ (V JDE NHLQHQ 0DQQ QDPHQV 3HUU\5KR GDQDXIGLHVHU:HOW'LHVH:HOWZDUQLFKWGDV=HQWUXPGHV6RODUHQ,PSHULXPVVRQGHUQHLQHUYRQ YLHOHQ EHVLHGHOWHQ 3ODQHWHQ LP ª5DW GHU 9|ONHU© 'LH 5HJLHUXQJ ZXUGH QLFKW YRQ HLQHP *URDGPLQLVWUDWRU PLW VHLQHP .DELQHWW DXVJHEW VRQGHUQ YRP ª*UHPLXP GHU 5HJLHUHQGHQ© GDV DXV EHU ]ZHLWDXVHQG 0LWJOLHGHUQ EHVWDQG 'HQ HLQ]LJHQ 1DPHQ GHQ -XOLDQ LP *HVSUlFK PLW 6D ERQQH KDWWH ZLHGHUILQGHQ N|QQHQ ZDU GHU HLQHV REVNXUHQ 5HYROXWLRQlUV QDPHQV 5HJLQDOG %HOO QLFKW%XOOGHUYRUHWZD]ZHLKXQGHUW-DKUHQYHUVXFKWKDWWHGDV6\VWHP]XYHUlQGHUQXQGGDEHLHLQ XQUKPOLFKHV(QGHJHIXQGHQKDWWH $EHUHLQH)UDXQDPHQV'DK\D3HWUDVFKJDEHVDXFKZHQQVLHLKUHQ1DPHQDQGHUVEXFKVWDELHUWH DOV DXI GHU :HOW YRQ GHU -XOLDQ NDP (V ZDU HLQIDFKH 1HXJLHUGH GLH LKQ GD]X EHZHJWH VLH DXI]XVXFKHQ 2GHU YLHOOHLFKW GLH 6HKQVXFKW HLQHV DQ +HLPZHK /HLGHQGHQ LQ HLQHP IUHPGHQ 8QLYHUVXPZHQLJVWHQVHLQ=HLFKHQ]XILQGHQGDVLKQDQGLH+HLPDWHULQQHUWH %HVWU]WVWDUUWHHULQGHQJURHQ5DXPGHUVLFKYRULKPDIWDW=XQlFKVWQDKPHUQXUJUHOOHV/LFKW XQG HLQ XQHQWZLUUEDUHV *HZLPPHO YRQ 0HQVFKHQ ZDKU (UVW QDFK HLQLJHU =HLW EHJDQQ GDV %LOG VLFKLQ(LQ]HOV]HQHQDXI]XO|VHQ 'HU 5DXP ZDU ZHQLJVWHQV HLQKXQGHUW 4XDGUDWPHWHU JUR $Q GHU UHFKWHQ 6HLWHQZDQG VWDQGHQ ]ZHL+HUGHXQGPHKUHUHQLHGULJH6FKUlQNH(LQH*UXSSHYRQ0lQQHUQXQG)UDXHQZDUGRUWGDPLW EHVFKlIWLJW GDV $EHQGHVVHQ KHU]XULFKWHQ (V URFK QDFK .RKO XQG HLQLJHQ XQGHILQLHUEDUHQ ,QJUHGLHQ]LHQ$QGHUOLQNHQ6HLWHQZDQGVWDQGHQ%HWWHQELV]XYLHU6WRFNZHUNHQEHUHLQDQGHU,Q
GHU0LWWHGHV5DXPHVVWDQGHQ6WKOH6HV VHLXQG7LVFKH]XHLQHPZLUUHQ'XUFKHLQDQGHUDQJHRUGQHW(LQH6FKDUKDOEQDFNWHU.LQGHUVSLHOWH ]ZLVFKHQ GHQ 6WXKO XQG 7LVFKEHLQHQ ,P +LQWHUJUXQG PHKU ]XU 6HLWH GHU %HWWHQ KLQJDE HV YLHU 7RLOHWWHQVFKVVHOQDXIGHUHQHLQHUHLQQDFNWHU0HQVFKVRHEHQVHLQH1RWGXUIWYHUULFKWHWH'DQHEHQ ZDUHLQH5HLKHYRQ:DVFKEHFNHQDQGLH:DQGPRQWLHUW ª:DVZLOOVWGX)UHXQG"©IUDJWHGDV0lGFKHQGDV-XOLDQGLH7UJH|IIQHWKDWWH (UDQWZRUWHWHQLFKW)DVVXQJVORVVWDUUWHHULQGDV0HQVFKHQJHZLPPHOGDVGHQ5DXPEHY|ONHUWH )UDXHQ 0lQQHU XQG .LQGHU DOOHVDPW XQRUGHQWOLFK PlLJ RGHU EHUKDXSW QLFKW EHNOHLGHW 6WLPPHQJHZLUUHUIOOWHGHQJURHQ5DXP 6FKOLHOLFKILHOVHLQ%OLFNDXIGHQ5DGLRNRP$QVFKOXGHUVHLWZlUWVGHU7UDQJHEUDFKWZDU(U HULQQHUWH VLFK ZDUXP HU GLHVHV +DXV DXIJHVXFKW KDWWH XQG PXVWHUWH GLH 0HQVFKHQ GLH GHQ 5LHVHQUDXPEHY|ONHUWHQYRQQHXHP ª:DVLVWGDV"©IUDJWHHUGDV0lGFKHQª,FKPHLQHZHUZRKQWKLHU"© ª'DV©YHUNQGHWHGDV0lGFKHQYROOHU6WRO]ªLVWGLH:RKQJHPHLQVFKDIWJUQH)UHXQGVFKDIW:LU VLQGLQVJHVDPWQHXQXQGVLHE]LJ0HQVFKHQXQGOHEHQKLHUQDFKGHQ9RUVFKULIWHQGHV*HPHLQVLQQV© ª:HOFKHLVW'DK\D3HWUDV"©ZROOWH-XOLDQZLVVHQ ª'DK\D"©ZLHGHUKROWHGDV0lGFKHQXQGVDKVLFKXPª'RUWGUEHQLVWVLHVLHKVWGX"'LH)UDXDP OLQNHQ+HUG"© ª'DVLVW'DK\D"©IUDJWHHUXQJOlXELJ ª-DQDWUOLFK:LHVR",FKGDFKWHGXNDQQWHVWVLH"© ª-DNODUVHOEVWYHUVWlQGOLFK©PXUPHOWHHU 'DK\D 3HWUDV KDWWH NHLQHUOHL bKQOLFKNHLW PLW GHU )UDX GLH HU YRQ GHU (UGH NDQQWH 6LH ZDU HLQH SOXPSH0DWURQHGLHVLFKLKUHU2EHUEHNOHLGXQJHQWOHGLJWKDWWHXPXQWHUGHU+LW]HGHV+HUGHVQLFKW ]XOHLGHQ,KU.|USHUZDUYRQXQJHVXQGHU1DKUXQJDXIJHGXQVHQXQGVLHYHUULFKWHWHLKUH$UEHLWDP +HUGPLWPUULVFKHP*HVLFKW ª$OVRZDVZLOOVWGXYRQLKU"©IUDJWHGDV0lGFKHQ-XOLDQVFKWWHOWHGHQ.RSI ª1LFKWV©VDJWHHUQLHGHUJHVFKODJHQXQGZDQGWHVLFKDE ,P/DXIHGHU1DFKWZlKUHQGGHUHU]XPHLVWZDFKODJUHVWDXULHUWHQVLFKVHLQH/HEHQVJHLVWHU'LH 1LHGHUJHVFKODJHQKHLWYHUZDQGHOWHVLFKLQ=RUQGLH5HVLJQDWLRQLQ7DWNUDIW 'U 6DERQQH KDWWH UHFKW 'LHVH :HOW ZUGH LKP QLFKW JHZlKUHQ ZDV LKP ]XVWDQG RKQH GD VLH DXIJHUWWHOW ZXUGH (V PXWH NHLQH 5HYROXWLRQ VHLQ (LQ NOHLQHU $XIUXKU ZUGH JHQJHQ ,Q GHQ VFKODIORVHQ 6WXQGHQ GHU 1DFKW OHJWH HU VHLQHQ 3ODQ ]XUHFKW (U JODXEWH GLH 0HQWDOLWlW GLHVHU 0HQVFKHQ]XNHQQHQ(VZUGHQXUJHULQJHU$QVWUHQJXQJEHGUIHQXPVLHDXVGHP*OHLFKJHZLFKW ]XEULQJHQ 'DV )UKVWFN QDKP HU JHPHLQVDP PLW 'U 6DERQQH HLQ (V ZDU IUK DP 7DJ 'LH 6RQQH ZDU QRFKQLFKWDXIJHJDQJHQ6DERQQHHUNXQGLJWHVLFKZDVHUDPJHVWULJHQ1DFKPLWWDJHUUHLFKWKDEH ª*DUQLFKWV©DQWZRUWHWH-XOLDQª(VNDPJHQDXVRZLHGXHVYRUKHUVDJWHVW0DQZLOOVLFKPHLQHQ $QWUDJQRFKHLQPDOGXUFKGHQ.RSIJHKHQODVVHQYRUDXVJHVHW]W© (UVFKLOGHUWHGLH%HGLQJXQJHQGLHPDQLKPDXIJHJHEHQKDWWH ª'DV NDQQVW GXQLFKWWXQ© VWHOOWH6DERQQH IHVW ª'X NDQQVWQLFKWHLQPDOQDFKZHLVHQ GD GX ]X ZLVVHQVFKDIWOLFKHQ(UNHQQWQLVVHQEHIlKLJWELVW:DVKDVWGXDOVQlFKVWHVYRU"© ª,FKZHLHVQRFKQLFKW©ORJ7LIIORU 1DFKGHP)UKVWFNPDFKWHHUVLFKDXIGHQ:HJ'LHHUVWHQ)XJlQJHUNDPHQDXVGHQ+lXVHUQ XQG VWUHEWHQ LKUHP $UEHLWVSODW] ]X 'LH 6WUDHQ EHJDQQHQ VLFK ]X IOOHQ -XOLDQ 7LIIORU PDFOLWH GLHVHOEH %HREDFKWXQJ ZLH ]ZHL 7DJH ]XYRU $XI GHU HLQHQ 6HLWH GHU 6WUDH JLQJHQ GLH GLH VLFK VWDGWHLQZlUWVEHZHJWHQDXIGHUDQGHUHQ6HLWHGLHGHUHQ=LHOVWDGWDXVZlUWVODJ(VJDEQLHPDQGGHU GLHVH5HJHOYHUOHW]WH (LQH8QWHUIKUXQJERW-XOLDQGLH0|JOLFKNHLWGLHDQGHUH6HLWHGHU6WUDH]XHUUHLFKHQ(UEHIDQG VLFK GDPLW LQ GHU 0LWWH GHV )XJlQJHUVWURPV GHU QDFK GHQ $XHQEH]LUNHQ GHU 6WDGW VWUHEWH (U HULQQHUWH VLFK DQ VHLQ YRUJHVWULJHV $EHQWHXHU (U ZDU DXV GHP 1LFKWV PDWHULDOLVLHUW XQG KDWWH LQPLWWHQ GHU )XJlQJHU HLQ +LQGHUQLV JHELOGHW $EHU QLHPDQG KDWWH DXI LKQ JHDFKWHW :UGH HV
KHXWHDQGHUVVHLQ"$OOHUGLQJVZDUHUYRUJHVWHUQQLFKWJHJHQGHQ6WURPJHVFKZRPPHQ(UKDWWHHLQH =HLWODQJ JDQ] HLQIDFK GDJHVWDQGHQ XQG GDQQ GLHVHOEH 5LFKWXQJ HLQJHVFKODJHQ ZLH GLH EULJHQ 9HUNHKUVWHLOQHKPHUDXIVHLQHU6HLWHGHU6WUDH (U VWDQG DP REHUHQ (QGH GHV *OHLWEDQGHV GDV DXV GHU 8QWHUIKUXQJ KHUDXINDP XQG YHUVXFKWH VHLQHQ.XUVIHVW]XOHJHQ'LH)XJlQJHUZDUHQVRGLFKWGDVLHQDKH]XHLQHVROLGH0DVVHELOGHWHQ GLH XQGXUFKGULQJEDU ]X VHLQ VFKLHQ (U EHZHJWH VLFK VHLWZlUWV ELV LQ GLH 0LWWH GHV 6WURPHV 'DV 5HVXOWDWZDUGDVVHOEHZLHYRUJHVWHUQGLH)XJlQJHUZLFKHQLKPDXVRKQHLKQ]XEHDFKWHQ (U VHW]WH VLFK LQ %HZHJXQJ 0LW ODQJVDPHP DEHU VWHWLJHP 6FKULWW NlPSIWH HU JHJHQ GHQ NRPSDNWHQ0HQVFKHQVWURPDQ1LHPDQGNDPLKP]XQDKH0DQHUNDQQWHGDV+LQGHUQLVUHFKW]HLWLJ XQGXPJLQJHV'LH/DJHVFKLHQVLFKQLFKWYLHODQGHUVDQ]XODVVHQDOVYRUJHVWHUQ (UEHVFKOHXQLJWHVHLQH6FKULWWHXQGGDEHJDQQHUDOOPlKOLFK]XPHUNHQGDVLFKVHLQH:LUNXQJ ]HLJWH2KQHVLFKXP]XVHKHQVWHOOWHHUIHVWGD/HXWHKLQWHULKPVWHKHQEOLHEHQXPVLFKQDFKLKP XP]XVHKHQ'HU)OXGHU)XJlQJHUJHULHWLQV6WRFNHQ(UJLQJQRFKVFKQHOOHU-HW]WEHJDQQHUPLW DQGHUHQ]XVDPPHQ]XVWRHQ'DV(UVWDXQHQGDVHUHUUHJWHZXFKV(UZDUZLHHLQ%RRWGDVDXIGLH VSLHJHOQGH :DVVHUIOlFKH HLQHV UXKLJ GDKLQIOLHHQGHQ 6WURPV JHZRUIHQ ZRUGHQ ZDU XQG QXQ PLW NUlIWLJHP 0RWRU VWURPDXIZlUWV VWUHEWH KLQWHU VLFK :LUEHO XQG 6WUXGHO HU]HXJHQG XQG VHLQH %XJZHOOHQDFKEHLGHQ8IHUQZHUIHQG 5XIHZXUGHQODXW ª+HKGXGRUW:DVWXVWGX"© (UUHDJLHUWHQLFKWGDUDXI1RFKNUlIWLJHUDOVELVKHUVFKULWWHUDXV/HXWHVWHOOWHQVLFKLKPHQWJHJHQ ª+DOWHLQ'XJHKVWLQGHUIDOVFKHQ5LFKWXQJ© ª$XVHLQDQGHU©VFKULHHUVLHDQXQGVLHJHKRUFKWHQLKPRKQH'LVNXVVLRQRKQH(LQYHUQHKPHQ 6FKOLHOLFK MHGRFK VWDQGHQ VLH GUHL 5HLKHQ WLHI XQG KLQWHU LKP NDPHQ DEHUPDOV GUHL 5HLKHQ GLH LKUH5LFKWXQJ JHZHFKVHOWKDWWHQXP GDVHLJHQDUWLJH3KlQRPHQQLFKW DXVGHQ$XJHQ]XYHUOLHUHQ (U NDP QLFKW PHKU ZHLWHU 6LH UHDJLHUWHQ QLFKW PHKU DXI VHLQH %HIHKOH 6LH ZROOWHQ LKQ ]XU 5HGH VWHOOHQ (UEOLHEVWHKHQ8PPLWLKQHQ]XUHGHQGHVZHJHQZDUHUKLHUKHUJHNRPPHQ ª:DV WXVW GX )UHXQG"© IUDJWH LKQ HLQ KRFK DXIJHVFKRVVHQHU MXQJHU 0DQQ PLW VFKPXW]LJHQ EORQGHQ+DDUHQ ª,FKJHKH©DQWZRUWHWHHUHLQIDFK ª'XJHKVWLQGLHIDOVFKH5LFKWXQJ©EHKDXSWHWHGHU6FKPXW]LJEORQGH ª:HUVDJWGDV"©IUDJWH-XOLDQª,FKDUEHLWHGRUWLQGHU1lKHGHU6WDGWPLWWH'RUWKLQJHKHLFK© ª'DQQPXWGXDXIGHUDQGHUHQ6WUDHQVHLWHJHKHQ©ULHIHLQDQGHUHU ª,FKPX"©SURWHVWLHUWH-XOLDQª6HLGLKUDOOHLP(LQYHUQHKPHQGDUEHUGDLFKDXIGHUDQGHUHQ 6HLWHJHKHQPX"8QGVHOEVWZHQQLKUHVZlUHWEHGHXWHWHGDVQRFKJDUQLFKWV'HQQVFKOLHOLFKELQ LFKDXFKQRFKKLHUXQGLFKP|FKWHDXIGLHVHU6HLWHJHKHQ© 6LH VDKHQ HLQDQGHU DQ EHWUHWHQ YHUZLUUW XQG KLOIORV 'D GUlQJWH VLFK HLQ KRFKJHZDFKVHQHU VWlPPLJHU%XUVFKHGXUFKGLH0HQJH(UZDUJU|HUDOV-XOLDQXQGGDVODQJHGXQNOH+DDUKLQJLKP VRZLUULQV*HVLFKWGDHUNDXPPHKUDXVGHQ$XJHQVHKHQNRQQWH ª'XELVWHQWZHGHUYHUUFNWRGHUHLQ5HYROXWLRQlU©KHUUVFKWHHU-XOLDQDQª.HKUXPRGHUJHKDXI GLHDQGHUH6WUDHQVHLWH© -XOLDQPXVWHUWHLKQ'HU$XJHQEOLFNGHU(QWVFKHLGXQJZDUJHNRPPHQ ª.RPPKHU]XPLU©VDJWHHU]XGHP/DQJHQXQG ZLQNWHPLWGHPJHNUPPWHQ=HLJHILQJHU 8QGDOVGHU%XUVFKHJHKRUFKWHIUDJWHHULKQ ª,FK ELQ HQWZHGHU YHUUFNW RGHU HLQ 5HYROXWLRQlU" +DVW GX GLU JHQDX EHUOHJW ZDV GX GD VDJVW" 'XDOVHLQ]HOQHURKQH(LQYHUQHKPHQPLWGHQlQGHUQ"© 'LH OLQNH +DQG VFKR EOLW]VFKQHOO QDFK YRUQH XQG SDFNWH GHQ /DQJHQ DP .UDJHQ VHLQHU VFKPXGGHOLJHQ0RQWXU+LQWHUGHU/LQNHQNDPPLWGHU6FKQHOOLJNHLWGHV*HGDQNHQVGLH5HFKWH]XU )DXVWJHEDOOWXQGVFKOXJGHP8QJOFNOLFKHQPLWGRQQHUQGHU:XFKWJHJHQGDV.LQQ (U ZDUI GLH $UPH LQ GLH +|KH XQG EHNDP JODVLJH $XJHQ $OV -XOLDQ LKQ ORVOLH VWU]WH HU
VWRFNVWHLI]X%RGHQ -XOLDQV %OLFN ZDQGHUWH LP +DOENUHLV :LH ZUGHQ GLH /HXWH UHDJLHUHQ" (U YHUVXFKWH LKQHQ GLH *HGDQNHQDQGHQ*HVLFKWHUQDE]XOHVHQ'DEHJDQQHLQHU]XODFKHQ$QGHUHILHOHQHLQ6LHEOLFNWHQ DXIGHQ%HZXWORVHQGHULQJURWHVNHU+DOWXQJDXIGHP%RGHQODJXQGODFKWHQ -XOLDQDWPHWHDXI6LHNDQQWHQZHGHU)UHXGQRFK/HLGZHGHU/LHEHQRFK+D*HZDOWYRUDOOHQ 'LQJHQ N|USHUOLFKH *HZDOW ZDU IU VLH HLQ IUHPGHV 3KlQRPHQ VLH ZXWHQ QLFKWV GDPLW DQ]XIDQJHQ'DEOLHELKQHQQXUQRFKGLH.RPLNGHV$XJHQEOLFNVXQGVLHODFKWHQ ª1XQ"© KHUUVFKWH HU VLH DQ ª+DEH LFK GDV 5HFKW DXI GLHVHU 6HLWH ]X JHKHQ RGHU KDEH LFK HV QLFKW"© ª'XKDVWHV)UHXQG©PXUPHOWHQPHKUHUH ª$EHU GDV LVW QLFKW DOOHV© VDJWH HU ª,KU KDEW HV DXFK :HU ZLOO HXFK JHELHWHQ GD LKU QXU DXI GLHVHU6HLWHDXVGHU6WDGWXQGQXUDXIGHUDQGHUHQLQGLH6WDGWJHKHQN|QQW"+DWPDQHXFKGDUEHU JHIUDJW"+DWPDQHXHU(LQYHUQHKPHQHU]LHOW"© ª0DQ KDW XQV QLFKW JHIUDJW© NUlKWH HLQH KHOOH 6WLPPH DXV GHP +LQWHUJUXQG ª0DQ KDW VLFK QLHPDOVXPXQVHU(LQYHUQHKPHQJHNPPHUW© =XVWLPPHQGHV*HPXUPHOEUDQGHWHDXI ª'DQQVFKODJHLFKYRU©ULHI-XOLDQªGDZLULKQHQHQGOLFKHLQPDO]HLJHQZDVLQXQVVWHFNW,FK JHKHPLW HXFK'HU7HXIHOVROOKHXWHPHLQH$UEHLWKROHQ$EHUZLUJHKHQQLFKWDXIGLHVHU6WUDHQVHLWH:LU JHKHQDXIGHUDQGHUHQ© %HLIDOOVUXIHZXUGHQODXW$XJHQEOLW]WHQ)lXVWHZXUGHQJHVFKZXQJHQ-XOLDQZDQGWHVLFKXPXQG PDUVFKLHUWHLQ5LFKWXQJGHU8QWHUIKUXQJ]XUFN(UEUDXFKWHVLFKQLFKWXP]XVHKHQXP]XZLVVHQ GD ZHQLJVWHQV HLQKXQGHUW 0HQVFKHQ LKP IROJWHQ 6LH XQWHU TXHUWHQ GLH 6WUDH $XI GHU DQGHUHQ 6HLWH VWHPPWH VLFK GLH *UXSSH GHU (QWVFKORVVHQHQ GHP HLQZlUWV IOXWHQGHQ 6WURP HQWJHJHQ XQG EUDFKWHLKQY|OOLJGXUFKHLQDQGHU 3O|W]OLFKEOLHE-XOLDQVWHKHQ ª2GHUYLHOOHLFKWZLVVHQZLUQRFKHWZDV%HVVHUHV©ULHIHUª:LUDOOHVLQGELVKHUEHGHQNHQORVGHQ 6SUXFKElQGHUQ JHIROJW )U GLH 6SUXFKElQGHU GLH 7UDQVSDUHQWH XQG GLH /HXFKWVFKULIWHQ LVW GDV 0LQLVWHULXP IU 9RONVHU]LHKXQJ YHUDQWZRUWOLFK :DUXP JHKHQ ZLU QLFKW GRUWKLQ XQG NOlUHQ GLH /HXWHEHUXQVHUH%HODQJHDXI"© ª-DMD©ULHIGLH0HQJHEHJHLVWHUWª:LUJHKHQ]XP0LQLVWHULXPIU9RONVHU]LHKXQJ© 'DPLW ZDU GLH $UEHLW JHWDQ -XOLDQ EUDXFKWH VLFK QXU QRFK YRQ GHU 0HQJH PLWVSOHQ ]X ODVVHQ 9LHOH YRQ GHQHQ GLH XUVSUQJOLFK DXI GLHVHU 6HLWH GHU 6WUDH VWDGWHLQZlUWV JHJDQJHQ ZDUHQ XP LKUHQ $UEHLWVSODW] ]X HUUHLFKHQ ZDQGWHQ VLFK XP XQG VFKO|VVHQ VLFK GHQ 3URWHVWLHUHQGHQ ]X 3O|W]OLFK ZDU GLH 6WUDH HUIOOW YRP *HZLUU PHQVFKOLFKHU 6WLPPHQ (V JDE HWZDV ZRUEHU GLH /HXWHPLWHLQDQGHUUHGHQNRQQWHQ6LHGLVNXWLHUWHQQLFKW'DV(LQYHUQHKPHQZDUVFKRQKHUJHVWHOOW 6LH PDOWHQ HLQHU GHP lQGHUQ DXV ZLH HV VHLQ ZUGH ZHQQ GDV 0LQLVWHULXP IU 9RONVHU]LHKXQJ HQGOLFKGDUDXIYHU]LFKWHWHVLHGXUFK6SUXFKElQGHUXQG7UDQVSDUHQWH]XPDQLSXOLHUHQ 'LH 0HQJH ERJ VFKOLHOLFK LQ HLQH 6HLWHQVWUDH DE 'DV ULHVLJH *HElXGH GHV 0LQLVWHULXPV IU 9RONVHU]LHKXQJ WDXFKWH DXI 'LH %UR]HLW KDWWH GRUW QRFK QLFKW EHJRQQHQ 'LH +DOOHQ XQG *lQJH ZDUHQOHHUELVDXIHLQSDDU2UGQXQJVEHDPWHXQGHLQLJH$QJHVWHOOWHGLH]XIUKJHNRPPHQZDUHQ 'LH0HQJHYHUZLFNHOWHVLHLQHLQH'LV NXVVLRQ+|IOLFKMHGRFKEHVWLPPWZXUGHQGLH%HDPWHQGDUDXIDXIPHUNVDPJHPDFKWGDPDQHV VDWWKDEHVLFKDP*lQJHOEDQGIKUHQ]XODVVHQ,P/DXIHGLHVHU'LVNXVVLRQILHO]XPHUVWHQPDOGDV :RUW ª5HYROXWLRQ© (V ZXUGH YRQ DQGHUHQ DXIJHQRPPHQ XQG YHUEUHLWHWH VLFK ZLH HLQ /DXIIHXHU 'LH3URWHVWLHUHUEHJDQQHQVLFKDOV5HYROXWLRQlUH]XIKOHQ ,Q]ZLVFKHQ ZDU -XOLDQV *HIROJVFKDIW GLH HLJHQWOLFK QLFKW PHKU VHLQH *HIROJVFKDIW ZDU VRQGHUQ DXV HLJHQHU .UDIW WlWLJ ZDU DXI PHKU DOV WDXVHQG .|SIH DQJHVFKZROOHQ 'LH /HXWH YHUWHLOWHQ VLFK DXIGLHHLQ]HOQHQ%URVXPGRUWZHLWHU]XGLVNXWLHUHQLKUH3DUROHQDQGHQ0DQQ]XEULQJHQRGHU GLH $SSDUDWH ]X EHVHW]HQ YRQ GHQHQ DXV GLH 7UDQVSDUHQWH PLW GHQ /HXFKWVFKULIWHQ JHVWHXHUW ZXUGHQ (V JDE HLQHQ 5DXP LP GULWWHQ 6WRFN GHV 0LQLVWHULXPV IU 9RONVHU]LHKXQJ LQ GHP EHU
]ZHLKXQGHUW .RQVROHQ VWDQGHQ YRQ GHQHQ MHGH EHU HLQHQ *URFRPSXWHUV PLW HLQHP GHU /HXFKWVFKULIWWUDQVSDUHQWHLQGHU6WDGWYHUEXQGHQZDU 8QWHUGHQ5HYROXWLRQlUHQEHIDQGHQVLFKHLQLJHGLH]XP6WDEGHV0LQVWHULXPVJHK|UWHQXQGVLFK KLHU DXVNDQQWHQ 0LW %HJHLVWHUXQJ HUJULIIHQ GLH /HXWH GLH *HOHJHQKHLW LKUH ,GHHQ HLQHU EUHLWHUHQ gIIHQWOLFKNHLW PLW]XWHLOHQ (WZD ]X GLHVHP =HLWSXQNW WUHQQWH VLFK -XOLDQ 7LIIORU YRQ GHQ $XIVWlQGLVFKHQXP]XP0LQLVWHULDODPWIU6R]LDOHV]XUFN]XNHKUHQ(UKDWWHJHWDQZDVHUVLFK]X WXQ YRUJHQRPPHQ KDWWH (U KDWWH GLH 6WDGW LQ $XIUXKU YHUVHW]W :HQQ HV GHQ %HK|UGHQ GDUDQ ODJ lKQOLFKH 9RUNRPPQLVVH LQ =XNXQIW ]X YHUKLQGHUQ GDQQ EUDXFKWHQ VLH QXU DXI VHLQH :QVFKH HLQ]XJHKHQ $XIGHP+HLPZHJODVHUGLHQHXHQ$XIVFKULIWHQDXIGHQ/HXFKWVFKULIWWUDQVSDUHQWHQ %(1h7=7',(g))(17/,&+(19(5.(+560,77(/ ',((176&+(,'81*'(692/.(6*(+7h%(5',(:,//.h5'(66<67(06 :2+1*(0(,16&+$)7(16,1''(67(8)(/6 1,00'(,1()5$881'.,1'(581'=,(+0,7,+1(1$8)6/$1' %HLP0LWWDJHVVHQZDU'U6DERQQHXQJHZ|KQOLFKHUQVW ª'LH 6WDGW EHILQGHW VLFK LQ $XIUXKU© VDJWH HU ª1LUJHQGZR ZLUG JHDUEHLWHW hEHUDOO KDEHQ VLFK 'LVNXVVLRQVJUXSSHQJHELOGHW'LH6SUXFKElQGHUVLQGDEJHULVVHQXQGGXUFKQHXHPLWUHYROXWLRQlUHQ 3DUROHQHUVHW]WZRUGHQ'LH%HK|UGHQVLQGQDKH]XPDFKWORV© (UVFKZLHJHLQH:HLOHXQGIXKUGDQQIRUW ª0DQVDJWDOOGLHVVHLGXUFKHLQHQHLQ]LJHQ0DQQLQV:HUNJHVHW]WZRUGHQ© ª'LH=HLWZDUUHLIGDIU©EHPHUNWH-XOLDQUXKLJ 6RERQQHPXVWHUWHLKQ ª$OVRELVWGXGHU0DQQ"© -XOLDQQLFNWH ª,FKELQGHU0DQQ© ª'LH%HK|UGHQZHUGHQEDOGGDKLQWHUNRPPHQ© ª,FKUHFKQHGDPLW(VJLEWHLQHQVHKUHLQIDFKHQ:HJPLFKORV]XZHUGHQ© ª2QHLQHVJLEWPHKUHUH:HJH©ZLGHUVSUDFK6DERQQHªXQGVLHVLQGDOOHHLQIDFK© ª,FK ZHL ZDV GX PHLQVW $EHU LFK EDXH GDUDXI GD HV GHQ %HK|UGHQ OLHEHU VHLQ ZLUG HLQHQ 8QDQJHQHKPHQHLQIDFKDE]XVFKLHEHQDOVVLFKPLWLKPGLH+lQGHVFKPXW]LJ]XPDFKHQ© ª'DVNRPPWGDUDXIDQ©VDJWH6DERQQHXQGPDFKWHGD]XHLQEHGHQNOLFKHV*HVLFKWª,FKKRIIHGX KDVWUHFKWDEHUGDUDXIZHWWHQZUGHLFKQLFKW© ,PZHLWHUHQ9HUODXIGHV7DJHVQDKPGLH8QUXKHLQGHU6WDGWHKHU]XDOVDE$OVGLH'lPPHUXQJ KHUDEVDQNJLQJHQGLH/HXWHQLFKWZLHVRQVWQDFK+DXVHVRQGHUQEOLHEHQDXIGHQ6WUDHQELOGHWHQ LP 5HJLHUXQJVYLHUWHO 6SUHFKFK|UH RGHU ]RJHQ VLQJHQG GXUFK GLH 6WDGW 9RQ VHOWHQ GHU %HK|UGHQ ZDU ODQJH =HLW DQVFKHLQHQG JHJODXEW ZRUGHQ GLH 6DFKH ZHUGH VLFK YRQ VHOEVW WRWODXIHQ (UVW VSlW DP$EHQGWDXFKWHQLQGHQ6WUDHQ)DKU]HXJHGHV0LQLVWHULDODPWHVIU2UGQXQJDXIXQGYHUVXFKWHQ PLW+LOIHYRQ/DXWVSUHFKHUDXIUXIHQGLH0HQJH]XP1DFKKDXVHJHKHQ]XEHZHJHQ (V ZDU EH]HLFKQHQG IU GLH 0HQWDOLWlW GLHVHU :HOW GD HV ELVODQJ NDXP ]X *HZDOWWlWLJNHLWHQ JHNRPPHQZDU 'LH 5HYROXWLRQ YROO]RJ VLFK RKQH MHJOLFKHV %OXWYHUJLHHQ :R GLH 0HQJH VLFK DXI GLH /DXWVSUHFKHUIDKU]HXJH VWU]WH XP GLH $QUXIH ]XP 6FKZHLJHQ ]X EULQJHQ GD ]RJHQ VLFK GLH 3ROL]LVWHQ OLHEHU ]XUFN DOV VLFK LQ HLQH .RQIURQWDWLRQ PLW GHQ 5HYROXWLRQlUHQ YHUZLFNHOQ ]X ODVVHQ *HJHQ]ZHLXQG]ZDQ]LJ8KUZDJWH-XOLDQ7LIIORUVLFKIUNXU]H=HLWDXIGLH6WUDH(VVWHOOWHVLFK MHGRFK UDVFK KHUDXV GD HU GDV (ULQQHUXQJVYHUP|JHQ GHU /HXWH ZHLW XQWHUVFKlW]W KDWWH 'LH 1DFKULFKWKDWWHLQ]ZLVFKHQGLH5XQGHJHPDFKWGDHLQKRFKJHZDFKVHQHU0DQQPLWNXU]HQ+DDUHQ XQGDXIIDOOHQGPRGLVFKHU.OHLGXQJGHUMHQLJHJHZHVHQVHLGHUGLH5HYROXWLRQLQV5ROOHQJHEUDFKW KDWWH 0DQ HUNDQQWH LKQ ZLHGHU 0DQ ZROOWH LKQ IHLHUQ (U HQW]RJ VLFK GHU 3HLQOLFKNHLW LQGHP HU VFKOHXQLJVW 5HLDXV QDKP XQG GXUFK GXQNOH 6HLWHQJDVVHQ ]XP 0LQLVWHULDODPW IU 6R]LDOHV ]XUFNNHKUWH
,P(PSIDQJVUDXPGHV+RVSLWDOVVWDQG'U6DERQQHPLWYLHUVFKlELJJHNOHLGHWHQ0lQQHUQGLHDQ GHQbUPHOQLKUHU0RQWXUHQHLQURWOHXFKWHQGHV=HLFKHQWUXJHQ-XOLDQVFKULWWIXUFKWORVDXIVLH]X ª'XQHQQVWGLFK-XOLDQ7LIIORU"©IUDJWHHLQHUGHUYLHU ª,FKKHLH-XOLDQ7LIIORU©ODXWHWHGLH$QWZRUW ª'XKDVWGLFKGHU$QVWLIWXQJ]XP$XIUXKUVFKXOGLJJHPDFKWXQGELVWYHUKDIWHW.RPPPLW© -XOLDQ 7LIIORU YHUEUDFKWH GLH 1DFKW LQ HLQHU HLQVDPHQ =HOOH $P 0RUJHQ KROWH PDQ LKQ ]XU 9HUQHKPXQJ ,Q HLQHP NDKOHQ =LPPHU VWDQG HU YRU GUHL 0lQQHUQ GLH KLQWHU HLQHP ODQJHQ 7LVFK VDHQ XQG DQ GHQ bUPHOQ LKUHU 0RQWXUHQ GDV URWOHXFKWHQGH $E]HLFKHQ GHV 2UGQXQJVGLHQVWV WUXJHQ 'DV =LPPHU EHVD NHLQH )HQVWHU 'LH %HOHXFKWXQJ NDP YRQ HLQHU JUHOOHQ /XPLQHV]HQ]SODWWHGLHLQGLH'HFNHPRQWLHUWZDU =XQlFKVW ZXUGHQ -XOLDQV 3HUVRQDOLHQ DXIJHQRPPHQ (U EHVWDQG GDUDXI GD HU LQ GHU 7DW -XOLDQ 7LIIORU KHLH XQG VLFK QLFKW QXU VR QHQQH $OV *HEXUWVGDWXP JDE HU GDV -DKU DQ XP QLFKW GXUFK1HEHQVlFKOLFKNHLWHQ ]XVlW]OLFKHV $XIVHKHQ ]X HUUHJHQ (U KDWWH OlQJVW LQ (UIDKUXQJ JHEUDFKW GD GLH =HLWUHFKQXQJ GLHVHU:HOWQDFKGHPVHOEHQ.DOHQGHUIXQNWLRQLHUWHZLHGLHVHLQH ª'HU$XIUXKULVWKHXWHVFKOLPPHUDOVJHVWHUQ©HUNOlUWHGHUPLWWOHUHGHUGUHL%HDPWHQª(UEUHLWHW VLFKYRQGLHVHU6WDGWDXIDQGHUHDXVXQGGLH)ROJHQVLQGXQDEVHKEDU$QDOOHPELVWGXVFKXOG(V YHUVWHKW VLFK GD PDQ GLFK GDIU EHVWUDIHQ PX XQG ]ZDU ZLUG HV VLFK XP HLQH 6WUDIH YRQ H[HPSODULVFKHU+lUWHKDQGHOQGDPLWGLH$XIUKUHUHUNHQQHQGDZLUQLFKWOlQJHUJHZLOOWVLQGXQV KLOIORVKLQXQGKHUVFKLHEHQ]XODVVHQ© ª,FK ELQ QLFKW VFKXOGLJ© DQWZRUWHWH -XOLDQ JHODVVHQ ª$P YRUJHVWULJHQ 7DJH VWHOOWH LFK EHLP 0LQLVWHULXPIU:LVVHQVFKDIWHLQHQEHVFKHLGHQHQ$QWUDJDXIhEHUODVVXQJJHZLVVHU0DWHULDOLHQXQG (QHUJLHQ GDPLW LFK HLQ QHXHV ZLVVHQVFKDIWOLFKHV 3ULQ]LS GHPRQVWULHUHQ N|QQH 'LH $XIODJHQ GLH GHU]XVWlQGLJH5HIHUHQWPLUGDIUPDFKWHVLQGOlFKHUOLFKXQGXQHUIOOEDU'DSDFNWHPLFKGHU=RUQ JHJHQGLHVHVKHU]ORVHJUDXVDPH6\VWHPGDVVHLQHQ%UJHUQNHLQ*OFNNHLQH=XIULHGHQKHLWJ|QQW $P QlFKVWHQ 0RUJHQ JLQJ LFK DXI GLH 6WUDH XQG ZROOWH PHLQHQ 0LWPHQVFKHQ ]HLJHQ GD PDQ QLFKW XQEHGLQJW GDV WXQ PX ZDV DXI GHQ 6SUXFKElQGHUQ XQG 7UDQVSDUHQWHQ VWHKW VRQGHUQ DXFK HLJHQH,QLWLDWLYHHQWZLFNHOQNDQQ'DVLVWDOOHV 8QG ZDV PHLQH %HVWUDIXQJ DQEHODQJW VR KDEH LFK HLQHQ 9RUVFKODJ ]X PDFKHQ ,P 9HUODXI GHV ([SHULPHQWV GDV LFK GHP 0LQLVWHULXP IU :LVVHQVFKDIW YRUJHVFKODJHQ KDEH YHUVFKZLQGH LFK VHOEVWVSXUORV*LEWHVHLQHHLQIDFKHUH:HLVHVLFKPHLQHU3HUVRQ]XHQWOHGLJHQDOVLQGHPPDQPLU HLQIDFKGLH'XUFKIKUXQJGHV9HUVXFKHVHUODXEW"© 'LHGUHL%HDPWHQPXVWHUWHQLKQHUQVW ª'DPLWKDVWGXGHLQH6FKXOGLP6LQQHGHU$QNODJH]XJHVWDQGHQ©NRQVWDWLHUWHGHUPLWWOHUHªhEHU GLH6WUDIHHQWVFKHLGHQZLUQLFKWGX,FKYHUVSUHFKHGLUGDLFKXPGHLQHWZLOOHQYHUVXFKHQZHUGH GLH 7RGHVVWUDIH ZLHGHU HLQ]XIKUHQ GLH VHLW PHKU DOV HLQHP -DKUKXQGHUW QLFKW PHKU DQJHZDQGW ZRUGHQLVW© ,Q GHU (LQVDPNHLW VHLQHU =HOOH NDP -XOLDQ 7LIIORU ]X GHU (LQVLFKW GD HU VLFK YHUUHFKQHW KDWWH =XQlFKVWKDWWHHUGLH5HDNWLRQGHV9RONHVDXIVHLQH'HPRQVWUDWLRQGHU(LJHQZLOOLJNHLWEHLZHLWHP XQWHUVFKlW]W (U KDWWH HLQ ZHQLJ ORNDO EHJUHQ]WHU 8QUXKH QLFKW DEHU HLQH ZHOWZHLWH 5HYROXWLRQ HU]HXJHQ ZROOHQ $OV YHUJOHLFKVZHLVH KDUPORVHU 8QUXKHVWLIWHU KlWWH HU GLH %HK|UGHQ OHLFKW GD]X EHUUHGHQN|QQHQ LKQ DXI GLH YRQ LKP VHOEVW EHVWLPPWH :HLVH DE]XVFKLHEHQ -HW]W MHGRFK ZDU HU DOVGHU8UKHEHUHLQHUSODQHWHQZHLWHQ5HYROXWLRQJHEUDQGPDUNWXQGGDV6\VWHPNRQQWHHVVLFKQLFKW PHKUOHLVWHQLKQPLOGH]XEHKDQGHOQ (QGHWHKLHUVHLQ:HJ":DU6RODUPDUVFKDOO-XOLDQ7LIIORU.DPSIJHIlKUWH3HUU\5KRGDQVIDVWYRP HUVWHQ7DJDQGD]XYHUGDPPWDXIGLHVHUJUDXHQ:HOWGHU*OHLFKKHLWGHU*OHLFKJOWLJNHLWXQGGHV 6WXPSIVLQQVVHLQ/HEHQ]XEHVFKOLHHQ" 'LH HLQ]LJH +RIIQXQJ GLH LKP QRFK EOLHE ODJ GDULQ GD VLFK GLH *HVHW]JHEHU GLHVHU :HOW LQ EHZlKUWHU0DQLHU(LQYHUQHKPHQHUVHW]W(QWVFKHLGXQJZDKUVFKHLQOLFKQLHPDOVEHUGHQ$QWUDJ ]XU5HDNWLYLHUXQJGHU7RGHVVWUDIHZUGHQ]XVDPPHQUDXIHQN|QQHQ"2GHUJDEHUVLFKDXFKGDHLQHU ,OOXVLRQ KLQ" :DU HV QLFKW P|JOLFK GD GLH /HJLVODWRUHQ GXUFK GLH MQJVWHQ 9RUJlQJH VR
DXIJHUWWHOW ZDUHQ GD VLH (LQYHUQHKPHQ GXUFK 6WLPPHQPHKUKHLW XQG 'LVNXVVLRQ GXUFK HLQHQ UDVFKHQ(QWVFKOXHUVHW]HQZUGHQ" (UEHVFKORVLFK IU DOOH (YHQWXDOLWlWHQ ]X UVWHQ 0DQKDWWHLKP QLFKWV DEJHQRPPHQ (U EHVD QDFK ZLH YRU GHQ 0LNUREODVWHU GHQ HU ]XP OHW]WHQPDO JHJHQ 6DNKPR&KDQ YHUZHQGHW KDWWH 0HKUPDOV DP 7DJH VXFKWH HLQ :lUWHU VHLQH =HOOH DXI XP LKP 1DKUXQJ ]X EULQJHQ (U ZDU ]ZDU EHZDIIQHWDEHUYLHOOHLFKWJDEHVHLQHQ$XJHQEOLFNLQGHPVHLQH$XIPHUNVDPNHLWVRZHLWQDFKOLH GDHUEHUUXPSHOWZHUGHQJ|QQWH (UYHUEUDFKWHDQGHUWKDOE7DJHLQGHUNOHLQHQWURVWORVHQ=HOOH$P0RUJHQGHV]ZHLWHQ7DJHVZDU HUEHUHLWGHQhEHUIDOODXIGHQ:lUWHU]XZDJHQDEHUDOVGLH=HOOHQWUVLFK|IIQHWHVWDQGHQVWDWWGHV HLQHQYLHU0lQQHU GUDXHQ YRQ GHQHQ HLQHU LKQ DXIIRUGHUWH PLW]XNRPPHQ (U ZXUGH LQ GDVVHOEH %UR JHIKUW LQ GHPPDQLKQYHUK|UWKDWWH9RQGHQGUHL%HDPWHQZDUMHGRFKQXUHLQHU]XJHJHQGHUMHQLJHGHUPLW LKP JHVSURFKHQ KDWWH (U PDFKWH HLQ ELWWHUHV YHUELVVHQHV *HVLFKW XQG GHU $QOD IU VHLQH %LWWHUNHLW ZDU RKQH ZHLWHUHV RIIHQEDU LKP ]XU 6HLWH VWDQGHQ 'U 6DERQQH GHU 5HIHUHQW DXV GHP 0LQLVWHULXPIU:LVVHQVFKDIWXQG]ZHLZHLWHUH0lQQHUGLH-XOLDQQLFKWNDQQWH 6DERQQHWUDWDXILKQ]XXQGXPDUPWHLKQ ª,FK IUHXH PLFK IU GLFK )UHXQG© VDJWH HU ª(V LVW GHQ 5HDOLVWHQ JHOXQJHQ GLH SURYLVRULVFKH 5HJLHUXQJGDYRQ]XEHU]HXJHQGDPDQMHGHQGHLQHU:QVFKHHUIOOHQPVVH© (UZLHVGDEHLDXIGLHEHLGHQ8QEHNDQQWHQ ª5HDOLVWHQ"©IUDJWH-XOLDQYHUZXQGHUWª3URYLVRULVFKH5HJLHUXQJ",FKYHUVWHKHQLFKW© ª:LUKDEHQGLUYLHO]XYHUGDQNHQ©VDJWHHLQHUGHUEHLGHQª,FKELQ5RZDOGHU(UVWH9RUVLW]HQGH GHU %HZHJXQJ GHU 5HDOLVWHQ 0DQ QHQQW XQV QLFKW PHKU 5HYROXWLRQlUH RGHU $XIVWlQGLVFKH :LU VLQG HLQH %HZHJXQJ GLH GLH JDQ]H (UGH XPVSDQQW XQG HV VLFK ]XU $XIJDEH JHPDFKW KDW GDV 6\VWHPVRXP]XJHVWDOWHQGDHVDOVVHLQHZLFKWLJVWH$XIJDEHVLHKWGDV6WUHEHQGHVHLQ]HOQHQQDFK *OFNXQG=XIULHGHQKHLW]XXQWHUVWW]HQ'HQ$QVWR]XXQVHUHU%HZHJXQJYHUGDQNHQZLUGLU'X VROOWHVW LQ :LUNOLFKNHLW XQVHU $QIKUHU VHLQ DEHU LFK HUIDKUH YRQ XQVHUHP )UHXQG 6DERQQH GD GHLQ :HJ LQ HLQH DQGHUH 5LFKWXQJ IKUW 'DV %HVWUHEHQ XQVHUHU %HZHJXQJ HUIRUGHUW HLQH QHXH 5HJLHUXQJ GLH LQ ZHQLJHQ :RFKHQ JHZlKOW ZHUGHQ ZLUG (LQVWZHLOHQ LVW GLH DOWH 5HJLHUXQJ QRFK LP$PWXQGILUPLHUWDOVSURYLVRULVFKH5HJLHUXQJ :LUVXFKWHQQDFKGLUXQGHUIXKUHQYRQ6DERQQHGDPDQGLFKIHVWJHQRPPHQKDWWH'DZDUHVIU XQV VHOEVWYHUVWlQGOLFK IU GHLQH )UHLODVVXQJ ]X VRUJHQ 0HKU QRFK GDV 0LQLVWHULXP IU :LVVHQVFKDIWZLUGJHJHQGHQJHSODQWHQ9HUVXFKNHLQH(LQZlQGHPHKUHUKHEHQ© ,P/DXIHYRQGUHL7DJHQKDWWHVLFKGLHJDQ]H:HOWYHUlQGHUW'HU0DQQGHUHLQHORNDOH8QUXKH KDWWHHU]HXJHQZROOHQZDUXQYHUVHKHQV]XP:HOWYHUEHVVHUHUJHZRUGHQ ,Q HLQ SDDU 0RQDWHQ ZUGH GLHV HLQH EHVVHUH :HOW VHLQ DOV VLH HV MH ]XYRU ZDU PLW JOFNOLFKHQ 0HQVFKHQGLHHLQ=LHOYRU$XJHQKDWWHQXQGGDV5HFKWHV]XYHUIROJHQ'HU1DPH-XOLDQ7LIIORU ZUGH ]XP ]ZHLWHQPDO DXI GLHVHU :HOW ]X*ODQ] XQG 5XKP JHODQJHQ DOV GHU 1DPH GHV 0DQQHV GHUGDVXQKHLOYROOH:HUNVHLQHVlOWHUHQ1DPHQVYHWWHUV]XQLFKWHKDWWHPDFKHQKHOIHQ 'LH %HZHJXQJ GHU 5HDOLVWHQ GUFNWH LKU %HGDXHUQ GDUEHU DXV GD LKU +HOG LKUH :HOW ]X YHUODVVHQ EHDEVLFKWLJWH 5RZDO YHUVXFKWH LQ PHKUHUHQ *HVSUlFKHQ -XOLDQ YRQ VHLQHU $EVLFKW DE]XEULQJHQ6FKOLHOLFKMHGRFKPXWHHUHLQVHKHQGDVHLQ9HUODQJHQXQIDLUZDU 'DV([SHULPHQWZLHHVLPPHUQRFKJHQDQQWZXUGHREZRKOHVLQ:LUNOLFKNHLWNHLQHVZDUZXUGH VRUJIlOWLJ YRUEHUHLWHW -XOLDQ IQJLHUWH GDEHL DOV /HKUHU GHU GHQ 5HIHUHQWHQ GHV :LVVHQVFKDIWVPLQLVWHULXPV MHGHQ HLQ]HOQHQ 6FKULWW EHLP $XIEDX GHV 9HUVXFKV HUNOlUWH 6HLQH :RUWHZXUGHQDXIJH]HLFKQHW 'LH$UEHLWVFKULWWUDVFK YRUDQ'HU:DQGOHUZDU GLHVPDO VR]XNRQVWUXLHUHQ GD GDV 3DUDFKURQ )HOG HLQHQ ZHQLJHU LQWHQVLYHQ 7UDQVSRUWYRUJDQJ EHZLUNWH DOV EHLP OHW]WHQPDO 'HU SRWHQWLHOO HQHUJHWLVFKH $EVWDQG ]ZLVFKHQ6DNKPR&KDQV 8QLYHUVXP XQGGLHVHP ZDU ZHLWDXV JU|HU DOV GLH 'LIIHUHQ]GLHYRQKLHUELV]X-XOLDQVKHLPDWOLFKHU%H]XJVHEHQHEHUZXQGHQZHUGHQPXWH9RQ QHXHPEHILHOHQLKQ6RUJHQEH]JOLFKGHU3UREOHPDWLNVHLQHV8QWHUQHKPHQV2EHUMHPDOVJHQDXGLH %H]XJVHEHQHZLHGHUHUUHLFKHQZUGHYRQGHUHUYRUQXQPHKUIDVWHLQHU:RFKHYHUVFKZXQGHQZDU
HUVFKLHQ]XPLQGHVWIUDJOLFK:DKUVFKHLQOLFKZUGHHUPLWHLQHU(EHQHYRUOLHEQHKPHQPVVHQGLH GHUVHLQHQVRlKQOLFKZDUGDHUVLHYRQLKUQLFKWXQWHUVFKHLGHQNRQQWH 0LW*HZDOWVFKRE-XOLDQGLHVH*HGDQNHQGLHHUDOVWUEHHPSIDQGEHLVHLWH(UZUGHVLFKLKQHQ VWHOOHQZHQQGLH=HLWUHLIZDU9RUHUVWJDOWHVDXIGHP+HLP ZHJHLQ6WFNZHLWHU]XNRPPHQ 'HU ª9HUVXFK© IDQG LP 0LQLVWHULXP IU :LVVHQVFKDIW VWDWW (V ZDU JHJHQ 0LWWDJ DOV GHU OHW]WH 7HVWGHU3DUDFKURQ$SSDUDWXUHUIROJUHLFKDEJHVFKORVVHQZXUGH-XOLDQ7LIIORUWUDWLQGHQ.UHLVGHU YRQ GHP 3DUDFKURQ)HOG XPJHEHQ ZHUGHQ ZUGH 5RZDO XQG 6DERQQH VFKWWHOWHQ LKP QDFKHLQDQGHUGLH+DQG ª,FK ZHL ZHOFKHU *HGDQNH GLFK EHGUFNW OLHEHU )UHXQG© OlFKHOWH 6DERQQH ª'X KDVW *URDUWLJHVJHVFKDIIHQRKQHGLUGDIUDXIGLH6FKXOWHUNORSIHQXQGVDJHQ]XN|QQHQ'DVLVWPHLQ :HUNGDVKDEHLFKJHWDQ/DHVGLFKQLFKWDQIHFKWHQ)UHXQG:LUVWHKHQWLHILQGHLQHU6FKXOGRE ZLU XQVHU QHXHV *OFN QXQ GHLQHP EHZXWHQ %HPKHQ RGHU HLQHP =XIDOO YHUGDQNHQ 8QG ZHU ZHL9LHOOHLFKWNHKUVWGXHLQHV7DJHVKLHUKHU]XUFN'XZlUHVWXQVLPPHUZLOONRPPHQ© -XOLDQKDWWH0KHVHLQH5KUXQJ]XPHLVWHUQ:HOFKHLQ8QWHUVFKLHG]ZLVFKHQVHLQHP$EVFKLHG YRQGLHVHU:HOWXQGGHUKDVWLJHQ)OXFKWYRQ6DNKPR&KDQV8QLYHUVXP(UKREJUHQGGLH+DQG 'HU5HIHUHQWWUDW]XGHPNOHLQHQ6FKDOWNDVWHQXQGGUFNWHDXIGHQ.QRSI-XOLDQ7LIIORUKDWWHGHQ GULWWHQ$EVFKQLWWVHLQHUODQJHQ5HLVHDQJHWUHWHQ (V ZDU 1DFKW 1LFKW DOO]X ZHLW VFKLPPHUWH GHU /LFKWGRP HLQHUJURHQ6WDGW ,Q GHU 1lKHIKUWH HLQH EUHLWH 6WUDH YRUEHL DXI GHU WURW] GHU VSlWHQ 6WXQGH UHJHU )DKU]HXJYHUNHKU LQ EHLGHQ 5LFKWXQJHQ IOXWHWH ,Q GHU )HUQH VWLHJ PLW OHXFKWHQGHQ 7ULHEZHUNHQ HLQ JHZDOWLJHV 5DXPVFKLII LQ GHQ+LPPHO -XOLDQ 7LIIORUV +HU] NORSIWH YRU (UUHJXQJ :DU GDV :XQGHU JHVFKHKHQ" +DWWH HU PLW GLHVHP OHW]WHQ6FKULWWGLH+HLPDWVFKRQZLHGHUHUUHLFKW"$OOHVULQJVXPDWPHWH9HUWUDXWKHLW,QGHU/XIWODJ GHUZDUPHZU]LJH'XIWGHU%lXPHXQG%VFKHPLWGHQHQGLHHLQVWLJH:VWHEH SIODQ]WXQGLQHLQHQJURIOlFKLJHQ3DUNYHUZDQGHOWZRUGHQZDU'HUVWU|PHQGH)DKU]HXJYHUNHKU GLH /LFKWJORFNH GHU QDKHQ 6WDGW GHU JHUlXVFKORVH 6WDUW GHV ULHVLJHQ 5DXPVFKLIIV DOOHV GDV ]XVDPPHQHUJDEHLQ%LOGGDVLKPKHLPLVFKHUVFKLHQ (UVFKULWWELV]XP5DQGGHU6WUDHXQGGDQQDQGLHVHUHQWODQJLQ5LFKWXQJGHU6WDGW1DFKNQDSS ]ZHL.LORPHWHUQNDPHUDQHLQH6WHOOHDQGHUGLH)DKUEDKQVLFKEXFKWDUWLJYHUEUHLWHUWH$P5DQGH GHU %XFKW JDE HV PHKUHUH 0LHWZDJHQ5XIVlXOHQ 0LW ]LWWHUQGHU +DQG QDKP HU GHQ +|UHU DE ZDUWHWHELVGDV*UQ]HLFKHQDXIOHXFKWHWHXQGVSUDFKLQGLH0XVFKHO ª(LQHQ 0LHWZDJHQ XQWHUVWH 3UHLVNODVVH ]XU 5XIVlXOH 1XPPHU LQ 5LFKWXQJ GHU 6WDGW 1DPHLVW-XOLDQ7LIIORU© (U K|UWH HLQHQ 6XPPWRQ GHU LKP EHVWlWLJWH GD VHLQH 1DFKULFKW HPSIDQJHQ ZRUGHQ ZDU 'DQQ OHJWH HU DXI (V YHUJLQJHQ NDXP ]ZHL 0LQXWHQ GD ERJ HLQ )DKU]HXJ DXV GHP GDKLQJOHLWHQGHQ 9HUNHKUVVWURPDEXQGVFKRLQGLH%XFKWKHUHLQ'LH)RQGWUNODSSWHDXI-XOLDQ7LIIORUOLHVLFKLQ GDVZHLFKH3ROVWHUVLQNHQ(LQHPHFKDQLVFKH6WLPPHVDJWH ª:LUEHJUHQ6LHDOV)DKUJDVW%LWWHVFKLHEHQ6LH,KUH,'.DUWHLQGHQ3UIVFKOLW]© 'DV ZDU GHU $XJHQEOLFN GHU :DKUKHLW .DXP PHKU +HUU VHLQHU (UUHJXQJ ]RJ HU GLH NOHLQH 3ODVWLNNDUWH DXV GHU 7DVFKH XQG VFKRE VLH LQ GHQ GDIU YRUJHVHKHQHQ 6FKOLW] (V JDE HLQ NXU]HV NQLUVFKHQGHV*HUlXVFKAGDQQNDPGLH.DUWHZLHGHU]XP9RUVFKHLQ ª:LUGDQNHQ,KQHQ+HUU7LIIORU%LWWHEHVWLPPHQ6LHGDV)DKUW]LHO© (U DWPHWH DXI 'HU 7HVW ZDU JHOXQJHQ 6HLQH ,'.DUWH ZDU DXI GLHVHU :HOW DOV JOWLJ DQHUNDQQW ZRUGHQ0LWPDWWHU6WLPPHVDJWHHU ª4XLQWR%RXOHYDUG1XPPHU©
'DV )DKU]HXJ VHW]WH VLFK LQ %HZHJXQJ (V UHLKWH VLFK LQ GHQ IOLHHQGHQ 9HUNHKU HUK|KWH GLH *HVFKZLQGLJNHLWXQGVFKRDXIGHUVFKQHOOVWHQ9HUNHKUVEDKQVWDGWHLQZlUWV-XOLDQ7LIIORUVRJGDV %LOGGDVVLFKLKPERWIRUP OLHK LQ VLFK DXI $OOHV ZDU LKP YHUWUDXW MHGH .UPPXQJ GHU 6WUDH MHGH .RQWXU GHU *HElXGHPDVVHQ GLH EHU GHQ %DXPNURQHQ GHU *UQDQODJHQ LQ GLH +|KH ZXFKWHWHQ 'DV ZDU 7HUUDQLD&LW\ZLHHVOHLEWHXQGOHEWH(UZDU]X+DXVHHVEHVWDQGNHLQ=ZHLIHOPHKUGDUDQ 'HU *OHLWHU XPIXKU GHQ .DOXS3ODW] $P 1RUGHQGH GHV3ODW]HV OHXFKWHWH ZLH LPPHU HLQ ULHVLJHV 7UDQVSDUHQWEHUGDVLQODQJVDPEHZHJWHQ/HWWHUQGLHQHXHVWHQ1DFKULFKWHQJOLWWHQ-XOLDQODV (,1( '(5 :,&+7,*67(1 1(8(17:,&./81*(1 '(6 -$+5(6 :$5 2+1( =:(,)(/ ',( $8)1$+0( ',3/20$7,6&+(5 %(=,(+81*(1 0,7 '(5 *5266*$/$;,61$8$5&+26 (UIKOWHSO|W]OLFK.lOWHLQVLFKDXIVWHLJHQ 'HU0LHWZDJHQVHW]WHLKQYRUGHUEH]HLFKQHWHQ$GUHVVHDE-XOLDQVWLHJDXV'HUEUHLWH%UJHUVWHLJ ZDU YHUODVVHQ 6WLOO XQG HLQVDP YHUEUHLWHWHQ GLH KRKHQ 6RQQHQOHXFKWHQ LKUH +HOOLJNHLW 'LHV ZDU HLQH UHLQH :RKQJHJHQG 'HU QlFKWOLFKH 6WDGWYHUNHKU VSLHOWH VLFK LQ DQGHUHQ 5HJLRQHQ DE -XOLDQ OHJWH GHQ .RSI LQ GHQ 1DFNHQ XQG VSlKWH DQ GHU )DVVDGH GHV ULHVLJHQ :RKQWXUPV HQWODQJ LQ GLH +|KH (UNDQQWHMHGH(FNHMHGH1LVFKHMHGHQ9RUVSUXQJGLHVHV*HElXGHV,QGLHVHP7XUPEHZRKQWHHU VHLW -DKU]HKQWHQ HLQ $SSDUWHPHQW 'LH EULJHQ %HZRKQHU GHV 7XUPHV ZDUHQ RKQH $XVQDKPH OHLWHQGH5HJLHUXQJVEHDPWHZLHHU(UNDQQWHVLHDOOH6HLQ$SSDUWHPHQWODJLP]ZHLXQGYLHU]LJVWHQ 6WRFN(UWUDWDXIGLHKRKH(LQJDQJVWU]XXQGVWXGLHUWHGDV1DPHQVUHJLVWHU (V EHUUDVFKWH LKQ NDXP QRFK GD HU VHLQHQ 1DPHQ QLFKW IDQG 'LH PHUNZUGLJH -DKUHV]DKO LQ GHU 1DFKULFKWHQVHQGXQJ DXI GHP 7UDQVSDUHQW KDWWH LKP ]X YHUVWHKHQ JHJHEHQ GD HV PLW GHU bKQOLFKNHLWGLHVHU%H]XJVHEHQHPLWGHUVHLQHQZRKOGRFKQLFKWVRZHLWKHUZDU$EHUGLHDQGHUHQ 1DPHQZDUHQDOOHGD:ROWHUV6HIUDGLQ%HUWROX]]L6HQFNHQEHUJ$XIUDJH/HYHQVWHLQ3ROOLIHU /HYHQVWHLQZRKQWHHLQH(WDJHXQWHULKPQLFKWKLHU6RQGHUQDXIGHUDQGHUHQ:HOW-XOLDQGUFNWH VHLQHQ5XINQRSI:HQLJH$XJHQEOLFNHVSlWHUNDPGLHYHUWUDXWH6WLPPHEHUGHQ,QWHUNRP ª:HQKDEHQZLUGDVRVSlWLQGHUKHLOLJHU&KULVWRSKHU'HU/RUGPDUVFKDOO© -XOLDQ VFKPXQ]HOWH 'DV ZDU 6LPRQ /HYHQVWHLQ ZLH HU LKQ LQ (ULQQHUXQJ KDWWH 2EZRKO -XGH IKUWHHUGHQKHLOLJHQ&KULVWRSKRUXVVWlQGLJLP0XQGHZRKOZLVVHQGGDGHU$UPHYRP9DWLNDQ VFKRQYRU-DKUKXQGHUWHQVHLQHU+HLOLJNHLWEHUDXEWZRUGHQZDU ª/DVVHQ6LHPLFKHLQ6LPRQ©ODFKWH-XOLDQª,FKKDEHPLW,KQHQ]XUHGHQ© ª$EHUMDQDWUOLFKVHOEVWYHUVWlQGOLFKJHHKUWHU+HUU6RIRUWVRIRUW© 'LH 7U VFKZDQJ DXI (LQHU GHU LPSRVDQWHQ %DWWHULH YRQ $XI]JHQ KDWWH VHLQH 7U JH|IIQHW XP GHQ*DVWDXI]XQHKPHQ2KQHGDHUVHLQ=LHO]XQHQQHQEUDXFKWHZXUGHHULQGDV6WRFNZHUN JHEUDFKW 6LPRQ /HYHQVWHLQ VWDQG XQWHU GHU 7U VHLQHV $SSDUWHPHQWV XQG VHLQ *HVLFKW ZDU JDQ] 8QWHUZUILJNHLW DQGHUV DOV GHU ULFKWLJH /HYHQVWHLQ VLFK XQWHU GLHVHQ 8PVWlQGHQ JH]HLJW KDEHQ ZUGH ª%LWWH WUHWHQ 6LH HLQ JHHKUWHU +HUU© VDJWH HU PLW HLQHU 9HUEHXJXQJ ª,FK ZHL GLH (KUH ]X VFKlW]HQ© -XOLDQWUDWHLQ ª6LPRQZDVLVWGDVPLWGHPJHHKUWHQ+HUUQ"8QGZDUXPZLVVHQ6LHGLH(KUH]XVFKlW]HQZR6LH PLU GRFK VRQVW XP GLHVH =HLW UHFKW GHXWOLFK ]XYHUVWHKHQ JHJHEHQ KlWWHQ GD 6LH JHUQH ]XU 5XKH JHKHQP|FKWHQ"© 6LPRQ/HEHQVWHLQZDQGVLFKYRU9HUOHJHQKHLW ª,FKZHLQLFKWJHHKUWHU+HUUZLHNDQQLFKZLHGUIWHLFKNRPPHQ6LHGRFKELWWHKHUHLQ XQGQHKPHQ6LH3ODW]© (U IKUWH VHLQHQ *DVW LQ HLQ OX[XUL|V DXVJHVWDWWHWHV :RKQ]LPPHU -XOLDQV *HKLUQ DUEHLWHWH DXI +RFKWRXUHQ (WZDV DXI GLHVHU :HOW ZDU JUXQGVlW]OLFK XQG DXI JHIlKUOLFKH :HLVH YHUVFKLHGHQ YRQ GHQ9HUKlOWQLVVHQDXIVHLQHU%H]XJVHEHQH(UPXWHHUIDKUHQZDVHVZDU1 RKQHGHPY|OOLJYHUGDWWHUWHQ6LPRQ/HYHQVWHLQVHLQ*HKHLPQLV]XYHUUDWHQ
(UQLSSWHDQGHP*HWUlQNGDV6LPRQV6HUYLHUDXWRPDWLNHLOHQGVSURGX]LHUWKDWWH ª6LPRQLFKEUDXFKH,KUH+LOIH©HUNOlUWHHU 6LPRQ /HYHQVWHLQ VD DXI GHU YRUGHUVWHQ .DQWH HLQHV SSLJ JHSROVWHUWHQ 6HVVHOV MHGHQ $XJHQEOLFN EHUHLW KHUDE]XUXWVFKHQ DXI]XVSULQJHQ RGHU VRQVW HWZDV ]X WXQ ZDV GHU $XJHQEOLFN HUIRUGHUWH ª,FKELQ]XMHGHU+LOIHOHLVWXQJEHUHLWJHHKUWHU+HUU©YHUVLFKHUWHHUIDKULJ ª,FKKDEHPLFKEHUDUEHLWHW6LPRQ©IXKU-XOLDQIRUWª,FKELQQLFKWPHKU+HUUPHLQHU*HGDQNHQ ,FK NDQQ QLFKW PHKU EHXUWHLOHQ RE PHLQH (QWVFKHLGXQJHQ ULFKWLJ RGHU IDOVFK VLQG 6LH VLQG NHLQ 3V\FKRORJH 6LPRQ DEHU PDQ NDQQ VLFK PLW ,KQHQ XQWHUKDOWHQ 6DJHQ 6LH PLU ZDV 6LH YRQ PLU KDOWHQ© /HYHQVWHLQZDUIHLQHQ]DJKDIWHQ%OLFNLQGLH+|KHDOVHUZDUWHHUVLFKYRP+LPPHO+LOIH ª6LH VLQG HLQ JHVWUHQJHU DEHU DXFK JHUHFKWHU +HUU /RUGPDUVFKDOO© GHNODPLHUWH HU ª$Q ,KUHQ (QWVFKHLGXQJHQ NDQQ NHLQ )DOVFK JHIXQGHQ ZHUGHQ ,KUHU 7DWNUDIW ,KUHU 8PVLFKW YHUGDQNW GDV 6RODUH,PSHULXPHLQHPHKUDOV]ZHLKXQGHUW-DKUHODQJH3HULRGHXQXQWHUEURFKHQHQ$XIVWLHJV© *HZlVFKHQWVFKLHG-XOLDQ6LPRQWUDXWHVLFKQLFKWPLWGHU6SUDFKHKHUDXV(UIUFKWHWHVLFK9RU LKP"-XOLDQEHVFKORDXIV*DQ]H]XJHKHQ ª:DVYRUEHU]ZHLKXQGHUW-DKUHQJHVFKDK6LPRQKHLHQ6LHGDVJXW"© /HYHQVWHLQ UL GLH $XJHQ DXI XQG ZXUGH EOD (U VDK DXV DOV ZHUGH HU LP QlFKVWHQ $XJHQEOLFN HLQHQ1HUYHQ]XVDPPHQEUXFKHUOHLGHQ ª*DQ] JHZL JHHKUWHU +HUU© EHWHXHUWH HU ª0LW VHLQHU /LEHUDOLVLHUXQJ KlWWH 3HUU\ 5KRGDQ GDV ,PSHULXPLQZHQLJHQ-DKU]HKQWHQDEJHZLUWVFKDIWHWXQGDQGHQ5DQGGHV5XLQVJHEUDFKW(UPXWH EHVHLWLJW ZHUGHQ XQG NHLQ :UGLJHUHU KlWWH VHLQHQ 3ODW] HLQQHKPHQ N|QQHQ DOV 6LH +HUU /RUGPDUVFKDOO© -XOLDQ IOLPPHUWH HV YRU GHQ $XJHQ 6HLQ 'RSSHOJlQJHU ZDU GHU %HKHUUVFKHU GLHVHU :HOW 'HU DQGHUH -XOLDQ 7LIIORU KDWWH VLFK ]X GHP 3RVWHQ 3HUU\ 5KRGDQV DXIJHVFKZXQJHQ QDFKGHP HU GHQ *URDGPLQLVWUDWRU ªEHVHLWLJW© KDWWH (U ZDU HLQ JHVWUHQJHU DEHU JHUHFKWHU +HUU ZLH 6LPRQ /HYHQVWHLQ VLFK DXVGUFNWH 0LW GLHVHQ EHLGHQ $WWULEXWHQ ZXUGHQ VHLW -DKUWDXVHQGHQ DEVROXWH +HUUVFKHU7\UDQQHQXQG'LNWDWRUHQEHOHJW ª8QG$WODQGHU$UNRQLGH"©IUDJWH-XOLDQDXIV*HUDGHZRKO /HYHQVWHLQPDFKWHHLQHYHUlFKWOLFKH+DQGEHZHJXQJ ª:XUGH DQ GHU 6DFKH GHV ,PSHULXPV ]XP 9HUUlWHU 6LH WDWHQ UHFKW GDUDQ GLH 8QLWHG 6WDUV 2UJDQLVDWLRQ]X]HUVFKODJHQXQGGHQ8QJHWUHXHQ]XYHUQLFKWHQ© 3HUU\5KRGDQEHVHLWLJW$WODQJHULFKWHW:HOFKHLQHXQJHKHXHUOLFKH:HOW-XOLDQKDWWHGLHQlFKVWH )UDJHVFKRQDXIGHU=XQJHGDK|UWHHUDXVGHP)OXUHLQ*HUlXVFK ª+HLOLJHU&KULVWRSKHU©6LPRQ/HYHQVWHLQZDUDXIJHVSUXQJHQª6LHNRPPHQVFKRQ© 6FKZHUH 6FKULWWH QlKHUWHQ VLFK GHU 7U GHV :RKQ]LPPHUV -XOLDQ VDK GHQ /DXI HLQHV PLWWHOVFKZHUHQ %ODVWHUV HUVFKHLQHQ XQG GDKLQWHU GHQ 8PUL HLQHV KRFKJHZDFKVHQHQ EUHLWVFKXOWULJHQ 0DQQHV 'UDXHQ LP )OXU VWDQGHQ QRFK PHKU /HXWH 6LH WUXJHQ JUHOOEODXH 8QLIRUPHQPLWURWHQ0DUNLHUXQJHQ-XOLDQIUDJWHVLFKZLHVLHKHUHLQJHNRPPHQZDUHQ6LPRQHLQ 9HUUlWHU" ª6RODUH$EZHKU©NQXUUWHGHU%UHLWVFKXOWULJHXQGULFKWHWHGLH0QGXQJVHLQHU:DIIHDXI6LPRQV *DVWª-XOLDQ7LIIORU"© ª'HUVHOEH©DQWZRUWHWH-XOLDQJHODVVHQ ª.RPPHQ6LHPLW6LHVLQGYHUKDIWHW© =XP GULWWHQPDO DXI VHLQHU ODQJHQ 5HLVH VD -XOLDQ 7LIIORU LQ VHLQHU =HOOH 'LHVPDO MHGRFK ZDU VHLQH /DJH DQGHUV PDQ KDWWH LKP DOOHV DEJHQRPPHQ ZDV HU EHL VLFK WUXJ VHOEVW GLH 2EHUEHNOHLGXQJ+DOEQDFNWVDHUIULHUHQGDXIGHP5DQGGHU/LHJHLQGHPNDKOHQNDOWHQ*H PDFK (U EHIDQG VLFK LP 9HUZDOWXQJVJHElXGH GHU 6RO$E VRYLHO KDW HU DXV GHQ :DJHQIHQVWHUQ VHKHQ N|QQHQ .HLQHU GHU 6RO $E0lQQHU KDWWH DXFK QXU HLQ :RUW PLW LKP JHVSURFKHQ (U ZXWH QLFKWZHVZHJHQHUYHUKDIWHWZRUGHQZDUXQGZLHODQJHPDQLKQKLHUEHKDOWHQZROOWH (U KDWWH HLQH YDJH 9RUVWHOOXQJ GDYRQ ZLH PDQ DXI LKQ DXIPHUNVDP JHZRUGHQ ZDU 6LPRQ
/HYHQVWHLQ KDWWH LKQ YRQ $QIDQJ DQ ZHQQ QLFKW VRJDU ELV ]XP 6FKOX IU GHQ /RUGPDUVFKDOO JHKDOWHQ9RQLKPZDUDOVRGLH$Q]HLJHQLFKWDXVJHJDQJHQ$EHUHLQPDOZlKUHQGGHU8QWHUKDOWXQJ KDWWHHUHLQHQVRUJHQYROOHQ%OLFNLQGLH+|KHJHZRUIHQ:DV-XOLDQIUHLQ6WRJHEHWDQGLH0lFKWH GHV+LPPHOVJHKDOWHQKDWWHZDULQ:LUNOLFKNHLWZRKOHLQYHUVWRKOHQHU+LQZHLVDXIHLQ$EK|UJHUlW RGHUHLQHYHUERUJHQH.DPHUDJHZHVHQ 'DV ZDUHQ GLH 0HWKRGHQ GHU 7\UDQQHL HLQH 9HUKDIWXQJ RKQH $QJDEH GHV *UXQGHV GLH PHQVFKHQXQZUGLJH 8QWHUEULQJXQJ LQ HLQHU NDOWHQ =HOOH RKQH DXVUHLFKHQGH %HNOHLGXQJ GLH HOHNWURQLVFKH%HVSLW]HOXQJVHOEVWGHUK|FKVWHQ5HJLHUXQJVEHDPWHQ 'LHVH:HOWPRFKWH GHU VHLQHQ lXHUOLFK ZLHHLQ (L GHP lQGHUQJOHLFKHQ DEHULQ LKUHU 8QIUHLKHLW ZDU VLH YRQ LKU XQHQGOLFK ZHLW HQWIHUQW (U ZXWH QLFKW ZLH ODQJH HU GD JHVHVVHQ XQG YRU VLFK KLQJHJUEHOW KDWWH DOV SO|W]OLFK YRQ GHU 'HFNHKHUDEHLQHXQSHUV|QOLFKH6WLPPHHUNODQJ ª,Q ]ZDQ]LJ 6HNXQGHQ ZLUG VLFK GLH 7U GLHVHU=HOOH |IIQHQ 7UHWHQ 6LH KLQDXV XQG ZHQGHQ 6LH VWHKQDFKUHFKWV:HLWHUH$QZHLVXQJHQIROJHQ© (U ]lKOWH ELV ]ZDQ]LJ 'LH 7U JOLWW VXPPHQG ]XU 6HLWH (U VWDQG DXI XQG WUDW KLQDXV :HLVXQJVJHPlKLHOWHUVLFKQDFKUHFKWVLQHLQHQNDKOHQJUHOOHUOHXFKWHWHQ*DQJKLQHLQLQGHVVHQ :lQGHQ ZHLWHUH =HOOHQWUHQ ODJHQ $Q HLQHU *DQJNUHX]XQJ HUKLHOWHU ZLHGHUXP YRQ REHQ KHUDE GHQ%HIHKO ª:HLWHUJHUDGHDXV© (UNDPDQHLQH]ZHLWH7UGLHVLFKYRULKP|IIQHWHDOVHUVLFKLKUELVDXIGUHL6FKULWWHJHQlKHUW KDWWHXQGVFKOLHOLFKHLQHGULWWHGLHVLFKHEHQVRZLOOIlKULJYHUKLHOW ª=HKQ 0HWHU YRUDE OLHJHQ ]XU 5HFKWHQ PHKUHUH $XI]XJVFKlFKWH %HVWHLJHQ 6LH GHQ $XI]XJ GHVVHQ7URIIHQVWHKW© (UJHKRUFKWH.DXPKDWWHHUGLH.DELQHEHWUHWHQGDVHW]WHVLHVLFKLQ%HZHJXQJXQGVFKRLQGLH +|KH 'LH )DKUW GDXHUWH HLQH JDQ]H :HLOH (QWZHGHU KDWWH VLFK VHLQH =HOOH WLHI XQWHU GHU (UGH EHIXQGHQRGHUHUEHZHJWHVLFKGXUFKHLQ*HElXGHYRQVFKZLQGHOQGHU+|KH(UZDUQLFKWVLFKHURE HU VLFK QRFK LQ GHU =HQWUDOYHUZDOWXQJ GHU 6RODUHQ $EZHKU EHIDQG (U VFKlW]WH GLH KRUL]RQWDOH 'LVWDQ]GLHHULQGHPNDKOHQ*DQJ]XUFNJHOHJWKDWWHDXIZHQLJVWHQV]ZHLKXQGHUW0HWHU 'HU $XI]XJ KLHOW PLW HLQHP VDQIWHQ 5XFN 'LH 7U |IIQHWH VLFK (U EOLFNWH LQ HLQ JHUlXPLJHV =LPPHU DQ GHP ]XHUVW DXIILHO GD HV PHKU PLW HOHNWURQLVFKHP *HUlW DOV PLW NRQYHQWLRQHOOHQ 0|EHOQDXVJHVWDWWHWZDU 'DQQHUEOLFNWHHUGHQ0DQQLP+LQWHUJUXQG(UZDULP%HJULIIJHZHVHQGHQ$XI]XJ]XYHUODVVHQ DEHUEHLGHP$QEOLFNGHUVLFKLKPMHW]WERWYHUVDJWHQLKPGLH0XVNHOQGHQ'LHQVW 6FKOLHOLFKWUDWHUYROOHQGVDXVGHU.DELQHKHUDXVWDW]ZHL6FKULWWHXQGEOLHEVWHKHQ-XOLDQVWDUUWH GHQ0DQQDQGHUDQGHUUFNZlUWLJHQ:DQGGHV5DXPHVVWDQG 'HQ0DQQGHUHUVHOEVWZDU 'LHhEHUHLQVWLPPXQJZDUYROONRPPHQ'LHVHOEH.|USHUJU|HGLHVHOEH+DDUXQG+DXWIDUEHMD VRJDUGHUVHOEH+DDUVFKQLWW,QGHU1lKHGHV.LQQV]HLJWHVLFKHLQHNOHLQH1DUEHGLHVHOEH1DUEHGLH DXFK-XOLDQ7LIIORU]XU(ULQQHUXQJDQHLQHQNOHLQHQ8QIDOOYRUUXQGDFKWKXQGHUW-DKUHQWUXJ 1XULQbXHUOLFKNHLWHQZDUHQGLHEHLGHQ0lQQHUYHUVFKLHGHQ'HUDQGHUHWUXJHLQHVWUDIIVLW]HQGH JUDXH 8QLIRUP IUHL YRQ 2UGHQ XQG (KUHQ]HLFKHQ XQG QXU PLW HLQHP JROGHQHQ VLHEHQ]DFNLJHQ 6WHUQDXIGHQ6FKXOWHUNODSSHQ$QGHPEUHLWHQ*UWHOZDUHLQ+ROVWHUEHIHVWLJWDXVGHPGHU*ULII HLQHU6WUDKOZDIIHKHUYRUUDJWH 'LHEHLGHQ0lQQHUPXVWHUWHQHLQDQGHUZRUWORV-XOL DQKDWWHEHLGHP*HGDQNHQHLQHV7DJHVVHLQHP'RSSHOJlQJHUJHJHQEHUWUHWHQ]XPVVHQIUKHU HLQ JHZLVVHV 8QEHKDJHQ HPSIXQGHQ 'DYRQ VSUWH HU MHW]W QLFKWV PHKU ,Q LKP ZDU QXU QRFK 6WDXQHQEHUGLH)lKLJNHLWGHU1DWXUGHUDUWYROONRPPHQH*OHLFKKHLW]XHU]HXJHQXQG1HXJLHUGH 8QG GDQQ HQWGHFNWH HU GHQ =XJ GHU VHLQ *HJHQEHU YRQ LKP XQWHUVFKLHG 'HV DQGHUHQ 7LIIORUV /LSSHQZDUHQGQQHUDOVVHLQHXQGGLH0XQGZLQNHOKDWWHQHLQHOHLFKWH.UPPXQJQDFKXQWHQGLH GHP*HVLFKWHLQHQPUULVFKEHUKHEOLFKHQ$XVGUXFNYHUOLHK ª*HQXJ JHVWDUUW© VFKQDUUWH GHU DQGHUH 7LIIORU ª0DQ EHJHJQHW ]ZDU QLFKW DOOH 7DJH VHLQHP
'RSSHOJlQJHUDEHUPDQEUDXFKWDXFKGHQ.RSIGDUEHUQLFKWJOHLFK]XYHUOLHUHQ©(UPDFKWHHLQH NQDSSH+DQGEHZHJXQJLQ5LFKWXQJHLQHV6HVVHOVª6HW]HQ6LHVLFK© -XOLDQUKUWHVLFKQLFKW ª,FK PDFKH LQ GLHVHP $XI]XJ NHLQH $XIZDUWXQJ© VDJWH HU NKO ª6DJHQ 6LH ZDV 6LH ]X VDJHQ KDEHQ XQG GDQQ ODVVHQ 6LH PLFK LQ PHLQH =HOOH ]XUFNNHKUHQ ZR LFK ZHQLJVWHQV QXU YRQ GHQ XQSHUV|QOLFKHQ$XJHQ,KUHV&RPSXWHUVDQJHVWDUUWZHUGH© 'HUDQGHUH7LIIORU]RJOHLVHGLH%UDXHQLQGLH+|KH ª(PSILQGOLFKZLH"©PHLQWHHUVS|WWLVFK(UVFKQLSSWHPLWGHQ)LQJHUQ,QGHU:DQG|IIQHWHVLFK HLQH7UGLHLQHLQHQXPIDQJUHLFKHQ6FKUDQNIKUWHª,KUH.ODPRWWHQKlQJHQGRUWGULQ.OHLGHQ6LH VLFKDQXQGGDQQVHW]HQ6LHVLFKHQGOLFKKLQ© -XOLDQWDWZLHLKPJHKHLHQZDU(UGXUFKVXFKWHGLH7DVFKHQVHLQHV$Q]XJVXQGIDQGVLHOHHU ª,FK EHVD DXHU DQGHUHP HWZD GUHLLJ 6RODU LQ *HOGVWFNHQ HLQ ZHQLJ IUHPGH :lKUXQJ XQG HLQH ,'.DUWH© EHPHUNWH HU VDUNDVWLVFK ª,FK KRIIH HV LVW ,KQHQ GDPLW JHOXQJHQ ,KUHQ 6WDDWVILQDQ]HQZLHGHUDXIGLH%HLQH]XKHOIHQ© ª:HUGHQ 6LH QLFKW NRPLVFK© IXKU GHU 'LNWDWRU LKQ DQ ª(V JHKW KLHU XP PHKU DOV GUHLLJ 6RODU XQGHLQH3ODVWLNNDUWH© ª6R":RUXPJHKWHVGHQQ"© 'HUDQGHUH7LIIORUPXVWHUWHVHLQHQ'RSSHOJlQJHUYRQREHQELVXQWHQDOVKlWWHHUGDV]XYRUQRFK QLFKWDXVJLHELJJHWDQ ª:LHVLQG6LHKLHUKHUJHNRPPHQ"©ZROOWHHUZLVVHQª3DUDFKURQ(IIHNW"© (VKDWWHNHLQHQ=ZHFN]XOHXJQHQ-XOLDQQLFNWH ª:DUGLHVH%H]XJVHEHQH,KU=LHO"© ª1HLQ,FKELQDXIGHP:HJLQPHLQH+HLPDW6FKULWWZHLVH© ª'DUDXV ZLUG QLFKWV 'DV 6FKLFNVDO KDW 6LH PLULQ GLH +DQG JHJHEHQ XQG LFK ZHUGH PLU GLHVHQ *HZLQQQLFKWQHKPHQODVVHQ© -XOLDQJLQJGDUDXIQLFKWHLQ'HUDQGHUH7LIIORUZDQGWHVLFK]XU:DQGZRHLQULHVLJHU%LOGVFKLUP HLQ)HQVWHUYRUWlXVFKWHXQGEHJDQQLP7RQHLQHV)HVWUHGQHUV ª(LQ 0DQQ ZLH LFK OHEW QLFKW RKQH )HLQGH 6HLW GHP %HJLQQ GHU QHXHQ =HLWUHFKQXQJ VHLW -DKUHQ REOLHJW GLH 9HUDQWZRUWXQJ IU GDV 6RODUH ,PSHULXP DOOHLQH PLU 'DV 3DUODPHQW LVW DEJHVFKDIIW'LH)KUXQJOLHJWLQPHLQHU+DQG 'LHVH]ZHLKXQGHUW-DKUHVLQGGHU0HQVFKKHLWJXWEHNRPPHQ6LHKDWLKUHQ0DFKWEHUHLFKEHUGLH JDQ]H*DOD[LVDXVJHGHKQW$UNRQ$NRQGLH%OXHVXPQXUHLQLJH]XQHQQHQVLQG8QWHUWDQHQGHV ,PSHULXPV :LU KDEHQ JURHQ (LQIOX DXI GHP *HELHW GHU LQWHUJDODNWLVFKHQ 3ROLWLN 8QVHUH 1DFKEDULQ $QGURPHGD EHUOlW XQV GLH 9HUWUHWXQJ LKUHU ,QWHUHVVHQ LQ GHQ LQWHUJDODNWLVFKHQ *UHPLHQ1RFKQLH]XYRUKLHOWGLH0HQVFKKHLWGHUDUWLJH0DFKWLQGHQ+lQGHQ 8QGGHQQRFKJLEWHV0HQVFKHQGLHPLFKEHIHLQGHQ'LH)RUWVFKULWWHGHUOHW]WHQ]ZHL-DKUKXQGHUWH JHOWHQLKQHQQLFKWV6LHMDPPHUQQDFKGHU)UHLKHLWGLHVLHYHUORUHQ]XKDEHQPHLQHQ6LHKDOWHQHV IU XQJHUHFKW GD HLQ 0DQQ GLH JHVDPWH 0DFKW YHUZDOWHW 6LH ZROOHQ GDV 3DUODPHQW ZLHGHU HLQJHIKUWVHKHQXQGGHQ+HUUVFKHUGD]X]ZLQJHQGDHUVLFKGHU0HKUKHLWGHV9RONHVXQWHUZLUIW© (UODFKWHVS|WWLVFKª$OVREGLH0HKUKHLWMHPDOVLP/DXIHGHU0HQVFKKHLWVJHVFKLFKWHJHZXWKlWWH ZDVJXWIUVLHLVW© (UZDQGWHVLFKZLHGHUXPXQGIDWH-XOLDQVFKDUILQV$XJH ª*HJHQ GLHVH )HLQGH PX LFK PLFK ZHKUHQ 1XU GHU ZHQLJVWHQ NDQQ LFK KDEKDIW ZHUGHQ 'LH 0HKU]DKOKDWVLFKLP8QWHUJUXQGYHUNURFKHQXQGLP/DXIHGHU=HLWHLQH6FKODXKHLWHQWZLFNHOWGLH XQVHUHU)DKQGXQJVPHWKRGHQ VSRWWHW-HW]W MHGRFKELHWHW VLFKPLUHLQH QHXH0|JOLFKNHLW $EVRIRUW JLEW HV ]ZHL 7LIIORUV $E VRIRUW NDQQ GHU HLQH 7LIIORU GLH ZHLWHQ 5HLVHQ XQWHUQHKPHQ GLH IU GLH 3HUVRQ GHV +HUUVFKHUV QXQ HLQPDO XQHUOlOLFK VLQG RKQH GD HU GHQ 3ODW] DP 6WHXHU GHU 5HLFKVJHZDOW ]X YHUODVVHQ EUDXFKW $E VRIRUW ZLUG -XOLDQ 7LIIORU DOOJHJHQZlUWLJ VHLQ XQG VHLQH KHLPOLFKHQ)HLQGH]XP=LWWHUQEULQJHQ9HUVWHKHQ6LHGDV"© -XOLDQKDWWHGHP9RUWUDJXQJHUKUW]XJHK|UW ª,FKYHUVWHKHGD6LHPLUHLQH$UW6WHOOYHUWUHWHUSRVWHQDQELHWHQ©
ª$QELHWHQ"©GU|KQWHGHV'LNWDWRUV6WLPPHª,FKNRPPDQGLHUH6LHGD]XDE© ª:LH6LHZROOHQ$EHU,KU3ODQLVWYRQYRUQKHUHLQVFKRQGXUFKO|FKHUW© ª,QZLHIHUQ"© ª1LFKW QXU 6LPRQ /HYHQVWHLQ VRQGHUQ DXFK GLH YLHU 6RO$E$JHQWHQ GXUFK GLH 6LH PLFK YHUJDQJHQH1DFKWDEKROHQOLHHQZLVVHQYRQPHLQHU'RSSHOJlQJHUUROOH© 'D]RJHLQGLDEROLVFKHV*ULQVHQEHUGDV*HVLFKWGHV7\UDQQHQ ª*ODXEHQ6LHZLUNOLFKGDLFKPLFK GXUFK VROFKH.OHLQLJNHLWHQ VW|UHQODVVH"(V LVW OlQJVWGDIU JHVRUJWGD/HYHQVWHLQXQGGLHYLHU$JHQWHQLKU:LVVHQQLFKWZHLWHUJHEHQN|QQHQ© -XOLDQ EHUZDQG VHLQHQ $EVFKHX REZRKO HV LKQ 0KH NRVWHWH (U KDWWH DQ GLH HLJHQH /DJH ]X GHQNHQ-HW]WGHQ$XIUHFKWHQ]XVSLHOHQEUDFKWHQLHPDQG1XW]HQ ª,FKJHKHDXI,KU$QHUELHWHQHLQ©HUNOlUWHHUGHPDQGHUHQ7LIIORU 'HUQLFNWH 'DUDQ EHVWDQG YRQ YRUQKHUHLQ NHLQ =ZHLIHO $EHU LFK ZDUQH 6LH 6LH ZHUGHQ VWlQGLJ XQWHU %HREDFKWXQJ VWHKHQ 0HLQH EHVRQGHUH /DJH KDW HV QRWZHQGLJ JHPDFKW GDV 6\VWHP GHU $EZHKU ZHLWJHKHQG ]X DXWRPDWLVLHUHQ $XIQDKPHJHUlWH EHUSUIHQ MHGH ,KUHU %HZHJXQJHQ &RPSXWHU ZHUWHQ DXWRPDWLVFK ,KU 9HUKDOWHQ DXV XQG NDWHJRULVLHUHQ HV HQWZHGHU DOV ]XIULHGHQVWHOOHQG RGHU QLFKW ]XIULHGHQVWHOOHQG ,P OHW]WHUHQ )DOOH ZHUGHQ 6LH VRIRUW NDOWJHVWHOOW RKQH GD HV GD]X HLQHV %HIHKOV YRQ PHLQHU 6HLWH EHGDUI )DOOV 6LH VLFK JHGDFKW KDWWHQ ,KUH 3RVLWLRQ ]XP HLJHQHQ 9RUWHLO DXVQW]HQ]XN|QQHQGDQQYHUJHVVHQ6LHGLHVHQ*HGDQNHQZLHGHU© ª9RQ HLQHP 0DQQ ,KUHV .DOLEHUV© VDJWH -XOLDQ GRSSHO]QJLJ ªKlWWH LFK NHLQH DQGHUHQ 0DQDKPHQHUZDUWHW© 'DPLW EHJDQQ VHLQH 9HUZDQGOXQJ LQ GHQ GHVSRWLVFKHQ +HUUVFKHU GHV 6RODUHQ ,PSHULXPV QHXHU 3UlJXQJ (U ZXUGH HLQJHNOHLGHW 9RQ QXQ DQ WUXJ HU GLH 8QLIRUP GHV 'LNWDWRUV GHU VLFK LQ $QOHKQXQJ DQ GLH *HEUlXFKH GHU 9HUJDQJHQKHLW *URDGPLQLVWUDWRU QDQQWH (U WUXJ MHW]W GHQ VLHEHQ]DFNLJHQ6WHUQDXIEHLGHQ6FKXOWHUQGDV=HLFKHQGHUDEVROXWHQ0DFKW 'LHGLHVLFKXPLKQEHPKWHQZDUHQ5RERWHU'HU7\UDQQKDWWHHVQLFKWIUQRWZHQGLJJHKDOWHQ VHLQH GLHQVWEDUHQ *HLVWHU PLW PHQVFKOLFKHU 9HUNOHLGXQJ ]X YHUVHKHQ 1DFNW LP 6FKLPPHU LKUHU PHWDOOHQHQ.|USHUYHUULFKWHWHQVLHVWXPPXQG]LHOVWUHELJLKUH$UEHLW-XOLDQYHUVWDQG'HU'LNWDWRU NRQQWH HV VLFK QLFKW OHLVWHQ VLFK PLW 0HQVFKHQ ]X XPJHEHQ (U NDQQWH GLH *HIDKU GLH YRQ HLJHQVWlQGLJHP'HQNHQYRQGHUIUHLHQ,QLWLDWLYHGHU,QWHOOLJHQ]DXVJHKW(UZROOWHGDV%HZXWVHLQ KDEHQ VWlQGLJ GDUDQ HULQQHUW ZHUGHQ GD VHLQH 8PJHEXQJ DXVVFKOLHOLFK DXV XQJHIlKUOLFKHQ 0DVFKLQHQZHVHQEHVWDQG'HVKDOEKDWWHHUGDUDXIYHU]LFKWHWVLH]XYHUNOHLGHQ -XOLDQHUKLHOWHLQHQEUHLWHQ*UWHOPLWHLQHP+ROVWHUXQGHLQHP6WUDKOHUGHUJHQDXVRDXVVDKZLH GLH:DIIHGLHGHUDQGHUH7LIIORUEHLVLFK]XWUDJHQSIOHJWH'HU'LNWDWRUEHOHKUWHLKQVS|WWLVFK 'DV 'LQJ IXQNWLRQLHUW ZLUNOLFK $OOHUGLQJV QXU ZHQQ GHU &RPSXWHU HUNHQQW GD 6LH VLFK LQ *HIDKUEHILQGHQ$QVRQVWHQN|QQHQ6LHDXIGHQ$XVO|VHUGUFNHQVRRIW6LHZROOHQXQGGLH:DIIH ZLUGQLFKWGDUDXIUHDJLHUHQ© ª,FKKRIIHGD,KU&RPSXWHUDOOJHJHQZlUWLJLVW©DQWZRUWHWH-XOLDQWURFNHQ ª6R DOOJHJHQZlUWLJ ZLH 6LH HV IU ,KUH =ZHFNH EUDXFKHQ 6LH ZHUGHQ VLFK QXU VHOWHQ LP )UHLHQ DXIKDOWHQGDVHLQ]LJH*HOlQGHGDVGHP5HFKQHUQLFKW]XJlQJOLFKLVW© =XP$EVFKOXGHU9RUEHUHLWXQJHQEUDFKWHPDQ-XOLDQLQHLQ%URGDVJHQDXVRDXVJHVWDWWHWZDU ZLHGHU$UEHLWVUDXPVHLQHV'RSSHOJlQJHUV ª'DV LVW ZLFKWLJ© ZXUGH LKP HUNOlUW ªGHQQ PLWXQWHU JLOW HV YRQ KLHU DXV $QZHLVXQJHQ DQ GLH %HY|ONHUXQJEHU5DGLRNRP]XHUWHLOHQ:HQQLFKDEZHVHQGELQIlOOW,KQHQGLHVH$XIJDEH]X'HU &RPSXWHUZLUG,KQHQGHQ7H[WGHU$QZHLVXQJHQEHUPLWWHOQ© $QGHQ$UEHLWVUDXPVFKORVLFKHLQJHUlXPLJHVNRPIRUWDEOHV$SSDUWHPHQWDQ ª6LHZHUGHQKLHUZRKQHQ©HUNOlUWHGHUDQGHUH7LIIORUª2KQHPHLQH(UODXEQLVZHUGHQ6LHGLHVHQ :RKQ XQG $UEHLWVNRPSOH[ QLFKW YHUODVVHQ ,FK YHUVWHKH DOOHUGLQJV GD GHU 0HQVFK GHP GLH %HZHJXQJVIUHLKHLWY|OOLJJHQRPPHQZLUGUDVFKYHUWURWWHOW'DKHUKDEHQ6LHGLH0|JOLFKNHLWVLFK PLW PLU LQV %HQHKPHQ ]X VHW]HQ GDPLW HQWVFKLHGHQ ZHUGHQ NDQQ ZDQQ XQG ZR ,KQHQ IUHLH %HZHJXQJ]XJHVWDQGHQZHUGHQVROO©
=X -XOLDQV %HGLHQXQJ ZXUGHQ ]ZHL 5RERWHU DEJHVWHOOW 6LH KLHOWHQ VLFK QRUPDOHUZHLVH LP 9RU]LPPHU DXI XQG ZDUHQ GXUFK DNXVWLVFKHQ %HIHKO ]X DNWLYLHUHQ -XOLDQ ]ZHLIHOWH NHLQHQ $XJHQEOLFN GDUDQ GDVLH QLFKW QXU]X VHLQHU %HGLHQXQJ GD ZDUHQ 6LHZDUHQ PLW GHP &RPSXWHU GXUFK )XQNNDQlOH JHNRSSHOW XQG GHU ZHLWDXV ZLFKWLJHUH 7HLO LKUHU $XIJDEH ZDU LKQ ]X EHUZDFKHQ 1DFKGHPGHU'LNWDWRULKQYHUODVVHQKDWWHPDFKWH-XOLDQHVVLFKLQHLQHP6HVVHOGHV$UEHLWVUDXPV EHTXHP(U KDWWH=HLWXQHQGOLFKYLHO=HLWGHQQGDV*HIlQJQLVLQGDVPDQLKQJHVWHFNWKDWWHVFKLHQREZRKO K|FKVWNRPIRUWDEHOPLWXQGXUFKGULQJOLFKHQ0DXHUQDXVJHVWDWWHW]XVHLQ:RHUVWDQGRGHUJLQJLQ MHGHP$XJHQEOLFNUXKWHGDV$XJHGHV&RPSXWHUVDXILKP(UNRQQWHQLFKWHLQPDOGHQ=HLJHILQJHU NUPPHQ RKQH GD GLH %HZHJXQJ YRP &RPSXWHU DQDO\VLHUW XQG QDFK YRUSURJUDPPLHUWHQ 6FKHPDWD DOV JHIlKUOLFK RGHU XQJHIlKUOLFK HLQJHVWXIW ZXUGH ,Q GLHVHU +LQVLFKW JODXEWH HU MHGHV :RUW GDV HU YRQ GHP DQGHUHQ 7LIIORU ]X K|UHQ EHNRPPHQ KDWWH (U NDQQWH GLH 0DFKW GHU HOHNWURQLVFKHQ5HFKQHUXQGHU]ZHLIHOWHQLFKWGDGHU'LNWDWRUVLH]XVHLQHP6FKXW]JHQW]WKDWWH 9HUJHEHQV ]HUEUDFK HU VLFK GHQ .RSI EHU GLH ZLFKWLJVWH DOOHU )UDJHQ :LH YHUPRFKWH GHU &RPSXWHU]ZLVFKHQLKPXQGVHLQHP'RSSHOJlQJHU]XXQWHUVFKHLGHQ"'LHbKQOLFKNHLWGHUEHLGHQ 0lQQHU ZDU YRQ ZLQ]LJHQ .OHLQLJNHLWHQ DEJHVHKHQ VR YROONRPPHQ GD GLH $XWRPDWLN GHV 0LHWZDJHQV LQ GHP HU LQ GHU YHUJDQJHQHQ 1DFKW JHIDKUHQ ZDU VHLQH ,'.DUWH RKQH ZHLWHUHV DOV GLH ,GHQWLILNDWLRQ GHV 0DQQHV QDPHQV -XOLDQ 7LIIORU DQJHQRPPHQ KDWWH GHV 0DQQHV DOVR GHU DXI GLHVHU %H]XJVHEHQH GLH 5ROOH GHV $OOHLQKHUUVFKHUV VSLHOWH 'LH .DUWH HQWKLHOW LQ PDJQHWLVFKHU 1RWLHUXQJ GLH ZLFKWLJVWHQ SHUV|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lW]OLFKHV(UNHQQXQJV]HLFKHQDXIGDV GHU5HFKQHUHLQJHVSLHOWZDUHLQHQ.RGHJHEHURGHUHWZDV$KQ OLFKHV $XIJUXQG GHV DEJHVWUDKOWHQ .RGHV ZXUGH GHU 'LNWDWRU LGHQWLIL]LHUW 'HUMHQLJH GHU GHQ .RGH QLFKW DEVWUDKOWH ZHQQHU DXFK VRQVWPLW GHP 'LNWDWRU DXIV+DDU EHUHLQVWLPPWH NRQQWH LP 6LQQHGHV&RPSXWHUVGHU'LNWDWRUHEHQQLFKWVHLQ -XOLDQEHUOHJWHZDVHUPLWGLHVHU(UNHQQWQLVDQIDQJHQN|QQWHJDEMHGRFKEDOGDXI'DQQEHJDQQ HU VLFK PLW GHP HOHNWURQLVFKHQ *HUlW ]X EHVFKlIWLJHQ GDV LKQ DXI DOOHQ 6HLWHQ XPJDE ,Q GHV 'LNWDWRUV$UEHLWVUDXPKDWWHRKQH=ZHLIHOMHGHV,QVWUXPHQWVHLQHEHVRQGHUH)XQNWLRQ+LHUMHGRFK ZDUHQDOOH*HUlWHZLHHUVLFKUDVFKEHU]HXJWHWRW(UEHGDFKWHGDHUHUVWYRUUXQG]Z|OI6WXQGHQ GHP DQGHUHQ 7LIIORU LQ GLH +lQGH JHIDOOHQ ZDU :DU GLHVHU 5DXP LQ DOOHU (LOH IU GHQ =ZHFN KHUJHULFKWHWZRUGHQGHPHUMHW]WGLHQWHRGHUKDWWHHVLKQVFKRQIUKHUJHJHEHQ"$OV(QWODVWXQJIU GDVHLJHQWOLFKH%URGHV'LNWDWRUV"$OV$XVZHLFKP|JOLFKNHLWIUGHQDQGHUHQ7LIIORU" =Z|OI 6WXQGHQ VHOEVW ZHQQGHU 'LNWDWRU MHGH 0LQXWH GDYRQ JHQXW]W KlWWH ZDUHQ ]X ZHQLJ =HLW XP HLQHQ VROFKHQ 5DXP HLQ]XULFKWHQ (U ZDU DOVR IUKHU VFKRQ YRUKDQGHQ XQG GLH *HUlWH ZDKUVFKHLQOLFK DQ /HLWXQJHQ DQJHVFKORVVHQ JHZHVHQ GLH VLH EUDXFKWHQ XP LKUH )XQNWLRQ ZDKU]XQHKPHQ 'LH /HLWXQJHQ ZDUHQ OHGLJOLFK XQWHUEURFKHQ ZRUGHQ GDPLW GHV 'LNWDWRUV 'RSSHOJlQJHUGLH*HUlWHQLFKWIUVHLQH=ZHFNHPLEUDXFKHQNRQQWH /LH VLFK GLH 8QWHUEUHFKXQJ EHUEUFNHQ" *DE HV HLQH 0|JOLFKNHLW GLH *HUlWH ZLHGHU DQ]XVFKOLHHQVRGDPDQVLFKLKUHUEHGLHQHQNRQQWH" (V JDOW HLQH 5HLKH YRQ 9RUEHUOHJXQJHQ DQ]XVWHOOHQ 'HU &RPSXWHU EHVD DXIJUXQG GHU 6FKHPDWD GLH LQ VHLQHQ 6SHLFKHUQ UXKWHQ GLH )lKLJNHLW ]ZLVFKHQ ]XOlVVLJHQ XQG XQ]XOlVVLJHQ +DQGOXQJHQGHUYRQLKP%HREDFKWHWHQ]XXQWHUVFKHLGHQ:DUHVHLQHXQ]XOlVVLJH+DQGOXQJZHQQ -XOLDQ 7LIIORU GHU 'RSSHOJlQJHU YRQ HLQHP HOHNWURQLVFKHQ *HUlW GLH 9HUNOHLGXQJ DEQDKP XQG
XQWHUVXFKWHZDVHVDP)XQNWLRQLHUHQKLQGHUWH"'D]XPXWHGLH9RUIUDJHJHVWHOOWZHUGHQ:DUHV JDQ] JHQHUHOOHLQHXQ]XOlVVLJH+DQGOXQJHLQHOHNWURQLVFKHV*HUlW]XXQWHUVXFKHQ"*HZLGRFKQLFKW GHQQ MHGHUPDQQ PXWH GLH 0|JOLFKNHLW KDEHQ ]XHUVW PLW HLJHQHQ $XJHQ QDFK HLQHP 9HUVDJHU $XVVFKDX]XKDOWHQEHYRUHUGHQ5HSDUDWXUWUXSSDODUPLHUWH $OOHUGLQJV ZDU 7LIIORU GHU 'RSSHOJlQJHU HLQ EHVRQGHUHU )DOO :HQQ HU HLQ *HUlW XQWHUVXFKWH GDQQ VWDQG ]X HUZDUWHQ GD HU HWZDV 9HUERWHQHV GDPLW DQ]XIDQJHQ JHGDFKWH 'DV ZXWH 7LIIORU GHU 'LNWDWRU $EHU ZXWH HV DXFK GHU &RPSXWHU " +DWWHQ ]Z|OI 6WXQGHQ DXVJHUHLFKW XP GLH 3URJUDPPLHUXQJGHV5HFKQHUVVR]XYHUlQGHUQGDHUDXIHLQHEHVWLPPWH3HUVRQQlPOLFK7LIIORU GHQ'RSSHOJlQJHUDQGHUH.ULWHULHQDQZDQGWHDOVDXIDQGHUH3HUVRQHQ" -XOLDQZDUEHUHLWGLHVH)UDJH]XYHUQHLQHQ(VPRFKWHLP6LQQHGHV'LNWDWRUVOLHJHQHLQHVROFKH 3URJUDPPLHUXQJLQQDKHU=XNXQIW]XVFKDIIHQ,P$XJHQEOLFNMHGRFKODJVLHVLFKHUOLFKQRFKQLFKW YRU 9RUOlXILJ EHJDE HU VLFK QLFKW LQ *HIDKU ZHQQ HU GLH HOHNWURQLVFKHQ *HUlWH LQ VHLQHP $UEHLWVUDXPXQWHUVXFKWH (U EUDXFKWH DOV HUVWHV HLQH 9HUELQGXQJ ]XU $XHQZHOW 'DV %UR HQWKLHOW PHKUHUH 5DGLRNRP $QVFKOVVH MD VRJDU HLQHQ 7HUPLQDO GHU QDFK -XOLDQV 'DIUKDOWHQ PLW HLQHP +\SHUVHQGHU JHNRSSHOW ZDU (U QDKP VLFK HLQHV GHU 5DGLRNRPJHUlWH YRU 'DV 3ODVWLNJHKlXVH ZDU PLW GHU HLJHQWOLFKHQ $SSDUDWXU SXQNWYHUVFKZHLW (U KDWWH NHLQ :HUN]HXJ XUQ GLH 9HUVFKZHLXQJ ]X O|VHQ DXFK LQ GHQ /DGHQ GHV 6FKUHLEWLVFKV IDQG VLFK QLFKWV ZDV HU IU GLHVHQ =ZHFN KlWWH YHUZHQGHQN|QQHQ 'DNDPLKPHLQ*HGDQNH:HQQGHU&RPSXWHUQLFKWVGDYRQZXWHGDHVLKPYHUERWHQZDUGDV ,QQHUHGLHVHU*HUlWH]XLQVSL]LHUHQZRKHUVROOWHQHVGDQQGLH5RERWHUZLVVHQ(UULHI ª+H5RERW(LQHUYRQHXFK5HLQNRPPHQ© 'LH7U]XP9RU]LPPHU|IIQHWHVLFK(LQHUGHU5RERWHUHUVFKLHQ6LHZDUHQEHLGHYRPJOHLFKHQ 7\S-XOLDQNRQQWHVLHQLFKWYRQHLQDQGHUXQWHUVFKHLGHQ ª+HE©GDV*HKlXVHDE©EHIDKOHUGHP0DVFKLQHQZHVHQXQGGHXWHWHDXIGDV5DGLRNRPJHUlW 'HU 5RERW VHW]WH VLFK ZLOOLJ LQ %HZHJXQJ $XFK HU EHQXW]WH NHLQ *HUlW XP GLH 6FKZHLVWHOOHQ DXI]XWUHQQHQVRQGHUQVHW]WHDOOHUGLQJVPLWHLQHU.UDIWEHUGLHQXU5RERWHUKlQGHYHUIJWHQVR JHVFKLFNW GLH )LQJHU HLQ GD QDFK PHKUPDOLJHP %LHJHQ XQG 'UFNHQ GLH 3XQNWVFKZHLXQJHQ HLQIDFK DESODW]WHQ %HIHKOVJHPl KREHU GDV *HKlXVH DE XQGOHJWHHVQHEHQ GHP $SSDUDW DXIGLH 7LVFKSODWWH ª(VLVWJXW©VDJWH-XOLDQªGXNDQQVWJHKHQ© 'HU 0DVFKLQHQPHQVFK ]RJ VLFK ]XUFN -XOLDQ DWPHWH DXI -HW]W HUVW ZDU HU VHLQHU 6DFKH VLFKHU 'HU 5RERWHU KlWWH LKP QLFKW JHKRUFKW ZHQQ HU JHZXW KlWWH GD HV LKP YHUERWHQ ZDU PLW GHQ *HUlWHQ]XKDQWLHUHQ(UXQWHUVXFKWHGDVNRPSOL]LHUWH,QQHUHGHV$SSDUDWHVXQGVWHOOWHQDFKHLQLJHU =HLW IHVW GD ]ZLVFKHQ 'LJLWL]HU XQG 0RGXODWRU HLQ GQQHV .DEHO XQWHUEURFKHQ ZDU 'LHVH 8QWHUEUHFKXQJ VWHOOWH HLQHQ NULWLVFKHQ 'HIHNW GDU GHU GLH %HWULHEVDXWRPDWLN YHUDQODW KDWWH GDV *HUlWYROOVWlQGLJDE]XVFKDOWHQXQGGDPLWDXVGHP9HUNHKU]X]LHKHQ -XOLDQ VWHOOWH GLH .DEHOYHUELQGXQJ ZLHGHU KHU XQG VFKDOWHWH GHQ $QVFKOX HLQ ,P VHOEHQ $XJHQEOLFNOHXFKWHWHGHU%LOGVFKLUPDXIXQG]HLJWHGDVJUQOHXFKWHQGH)UHL]HLFKHQ'DV*HUlWZDU ZLHGHULQ%HWULHE-XOLDQZDUQLFKWPHKUYRQGHU:HOWDEJHVFKORVVHQ 9RUOlXILJ MHGRFK ]RJ HU HV YRU GLHVH 9HUELQGXQJ QDFK DXHQ QLFKW ]X QW]HQ (U KDWWH QRFK NHLQHQ 3ODQ (U ZXWH QLFKW PLW ZHP HU VSUHFKHQ XQG ZDV HU VDJHQ VROOWH 8QG ]XP QXW]ORVHQ 3ODXGHUQZDUGLH6DFKH]XJHIlKUOLFK(UPXWHGDPLWUHFKQHQGDGHUDQGHUH7LIIORU6WLFKSUREHQ DQVWHOOHQOLHXP]XHUPLWWHOQREHLQHVGHU*HUlWHLQGLHVHP5DXPJHJHQVHLQHQ:LOOHQLQ%HWULHE JHQRPPHQZRUGHQZDU 8P GHQ $QVFKOX ZLHGHU EHWULHEVXQIlKLJ ]X PDFKHQ O|VWH HU GLH 9HUELQGXQJ ]ZLVFKHQ 0LNURSKRQXQG'LJLWL]HUHLQ'HIHNWGHULP1RWIDOOOHLFKWHUXQGVFKQHOOHU]XUHSDULHUHQZDUDOVGDV PHKUDGULJH .DEHO GDV YRP 'LJLWL]HU ]XP 0RGXODWRU IKUWH 'DQQ VHW]WH HU GDV *HKlXVH ZLHGHU DXI(UKDWWHQLFKWGLH0|JOLFKNHLWHVDQ]X VFKZHLHQ XQG PXWH VLFK GDUDXI YHUODVVHQ GD VLFK QLHPDQG GLH 0KH PDFKHQ ZUGH JHJHQ
GDV*HKlXVH]XWLSSHQXP]XVHKHQREHVPLWGHP$SSDUDWQRFKIHVWYHUEXQGHQZDU 'HU HUVWH 6FKULWW ZDU JHWDQ )U DOOH ZHLWHUHQ ZUGH HU VLFK =HLW ODVVHQ (U EHIDQG VLFK LQ GHU *HZDOWHLQHVJHIlKUOLFKHQ0DQQHV(UWDWJXWGDUDQVLFKZHQLJVWHQV]ZHLELVGUHL7DJHODQJVR]X YHUKDOWHQ DOV KDEH HU VLFK PLW VHLQHP 6FKLFNVDO DEJHIXQGHQ 'DV ZUGH GHQ DQGHUHQ 7LI I ORU WHLOZHLVHLQ6LFKHUKHLWZLHJHQ ,QGHU=ZLVFKHQ]HLWKDWWHHU*HOHJHQKHLWHLQHQ3ODQ]XHQWZLFNHOQ ,Q GHP $SSDUWHPHQW GDV -XOLDQ ]XU 9HUIJXQJ VWDQG IDQG VLFK HLQH NOHLQH %LEOLRWKHN GHUHQ ,QKDOWVRYRUVLFKWLJDXVJHZl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lUJHPDXVHUW ,Q GHQ %LOGElQGHQ GLH -XOLDQ ]XU 9HUIJXQJ VWDQGHQ ZXUGH GLH 6FKXOG DXI 3HUU\ 5KRGDQ XQG VHLQH NRUUXSWH $GPLQLVWUDWLRQ JHVFKREHQ -HGHU 9HUVWlQGLJH VR KLH HV KlWWH XP GLH 0LWWH GHV GUHLXQGGUHLLJVWHQ -DKUKXQGHUWV HUNHQQHQ PVVHQ GD ª5KRGDQV ODELOH ZHLFKKHU]LJH 3ROLWLN GHU /LEHUDOLVLHUXQJ© GDV ,PSHULXP ELQQHQ NXU]HU =HLW DQ GHQ 5DQG GHV 5XLQV IKUHQ PXWH 9LHOH KDWWHQGLHVVRGDV%XFKDXFKWDWVlFKOLFKHUNDQQWDEHUHVZDUª-XOLDQ7LIIORUXQGVHLQHUSROLWLVFKHQ *HQLDOLWlW©YRUEHKDOWHQJHEOLHEHQGLH.RQVHTXHQ]HQDXVGHU(U NHQQWQLV ]X ]LHKHQ XQG VLH LQ GLH 7DW XP]XVHW]HQ 3HUU\ 5KRGDQ XQG VHLQH 5HJLHUXQJ ZDUHQ JHVWU]W 5KRGDQ VHOEVW XQG YLHOH VHLQHU HQJHQ 0LWDUEHLWHU YRU *HULFKW JHVWHOOW YHUXUWHLOW XQG KLQJHULFKWHW ZRUGHQ 7LIIORUV 6WlUNH EDXWH VLFK DXI GLH 6RODUH )ORWWH GLH ªLKUHU 1DWXU JHPl GHU NUDIWYROOHQ DXWDUNHQ ,GHRORJLH GHV /RUGPDUVFKDOOV JHJHQEHU ZHLWDXV DXIJHVFKORVVHQHU ZDU DOV JHJHQEHUGHQYHUZHLFKOLFKWHQSD]LILVWLVFKHQ7KHVHQGHU5KRGDQ&OLTXH© 0LW $WODQ GHP $UNRQLGHQ GHU GHPDOWHQ )UHXQG EHU GHVVHQ 7RG KLQDXV GLH 7UHXH KDWWH KDOWHQ ZROOHQ ZDU NDWHJRULVFK YHUIDKUHQ ZRUGHQ 'LH 6RODUH )ORWWH KDWWH GLH 6WDWLRQHQ GHU 862 EHVHW]W RGHU ZR GLHV QLFKW JHODQJ YHUQLFKWHW $WODQ ZDU JHIDQJHQ ZRUGHQ 6HLQ 3UR]H GDXHUWH GUHL 6WXQGHQ(UZXUGHGHV+RFKYHUUDWVIUVFKXOGLJEHIXQGHQXQGKLQJHULFKWHW $OO GLHV JHVFKDK LP -DKU GHU DOWHQ =HLWUHFKQXQJ XQG ]ZDU JHJHQ (QGH GHV -DKUHV -XOLDQ 7LIIORUKDWWHVLFKLQVHLQHP$PWDOV2EHUEHIHKOVKDEHUGHU6RODUHQ)ORWWHEHVWlWLJHQODVVHQXQGGHQ 7LWHO /RUGPDUVFKDOO DQJHQRPPHQ =XGHP EHUQDKP HU GDV $PW GHV *URDGPLQLVWUDWRUV 0LW GHU )ORWWH LP 5FNHQ VFKOR HU GHQ 6HQDW XQG GHQ 9|ONHUUDW XQG VFKLFNWH GLH $EJHRUGQHWHQ QDFK +DXVH'LH9HUIDVVXQJGHV,PSHULXPVZXUGHGDKLQJHKHQGJHlQGHUWGDªLQ$QEHWUDFKWGHU*HIDKU GHU /DJH DEVRIRUWELV DXI:LGHUUXIDOOH0DFKW LQGHQ+lQGHQ GHV *URDGPLQLVWUDWRUVOLHJW©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lQGHQ KDWWH PHKU JHWDQ DOV -XOLDQV 1HXJLHUGH ]X EHIULHGLJHQ (V KDWWH LKP HLQ &KDUDNWHUELOG GHV 0DQQHV YHUVFKDIIW GHU LKQ KLHU JHIDQJHQKLHOW (U
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lGOLFKPDFKHQ ZUGHVREDOGHU HWZDV WDWZDVGHU &RPSXWHU DOVUHJHOZLGULJHPSIDQG 'LH)DKUWYHUOLHIHUHLJQLVORV:LH-XOLDQHVHUZDUWHWKDWWH1DFKVHLQHU5FNNXQIWVDQGWHHUHLQHQ GHU EHLGHQ 5RERWHU QDFK ]ZHL 7XEHQ IDUELJHQ 0DUNLHUXQJVPLWWHOV HLQHU JHOEHQ XQG HLQHU EODXHQ $OV GDV *HZQVFKWH JHEUDFKW ZXUGH PDOWH HU GHP HLQHQ 5RERWHU KLQWHQ XQG YRUQH HLQ JHOEHV .UHX]DXIGHQPHWDOOHQHQ.|USHUGHPDQGHUQHLQEODXHV ª,FKKDEHGLH1DVHYROO©HUNOlUWHHUªHXFKEHLGHQLFKW YRQHLQDQGHUXQWHUVFKHLGHQ]XN|QQHQ9RQMHW]WDQKHLWGX
'LH$QRUGQXQJZDUGLHVHOEHZLH]ZHL7DJH]XYRUGDVVHOEH)DKU]HXJXQG%HJOHLWXQJGXUFKHLQHQ 5RERWHU-XOLDQZlKOWH
HWZD KDWWH HU HV VLFK DXVJHUHFKQHW 'HU 9RUVSUXQJ ODJ NQDSS ]ZDQ]LJ 0HWHU XQWHUKDOE GHV 6FKOXFKWUDQGHV 'LH :DQG ZDU KLHU QLFKW VR VWHLO ZLH DQGHUVZR (U ZUGH RKQH 0KH KLQDXIJHODQJHQ (U VSlKWH LQ GLH 6FKOXFKW KLQXQWHU DEHU GLH 'XQNHOKHLW YHUEDUJ GHQ DEJHVWU]WHQ *OHLWHU(UZDUVL HKHUGD
ª7URW]GHPLVWHVEHVVHUZHQQ6LH]XPLUNRPPHQ© VFKOXJ HU YRU ª,FK ELQ QLFKW ZHLW YRQ ,KUHU :RKQXQJ LP (GHQKDOO3DUN .HQQHQ 6LH GHQ LQGLVFKHQ3DYLOORQ"© ª-DQDWUOLFK© ª$XIGHU2VWVHLWHVWHKHQKRKH+LELVNXVKHFNHQ,FKVWHFNHLQGHQ+HFNHQ© 6LHVDKDXIGLH8KU ª,FKELQLQ]HKQ0LQXWHQGRUW©YHUVSUDFKVLH (U HUUHLFKWH GLH 2VWVHLWH GHV 3ODW]HV DXI GHP GHU RVWLQGLVFKH 3DYLOORQ VWDQG RKQH YRQ MHPDQG JHVHKHQ]XZHUGHQ'LH+LELVNXVKHFNHQZDUHQGLFKWXQGEHUXQGEHUPLWJUHOOURWHQ%OWHQEHVlW (U GUDQJ LQ GDV *HElXGH HLQ XQG PDFKWH HV VLFK DXI GHP %RGHQ EHTXHP 1DFK $EODXI GHU JHQDQQWHQ=HLWHUVFKLHQ'DK\D(UGLULJLHUWHVLHGXUFKKDOEODXWH5XIH 6LHVHW]WHVLFKLKPJHJHQEHU(UVWDUUWHVLHDQELVVLHXQWHUVHLQHP%OLFNYHUOHJHQZXUGH ª6WUHFNHQ6LHGHQUHFKWHQ$UPDXV©EDWHUVLH 6LHJHKRUFKWH,QGHU$UPEHXJHIDQGHUGDVZLQ]LJHVFKZDU]H0DOGDVHUVRJXWNDQQWH ª9HU]HLKHQ 6LH PHLQH 8QJH]RJHQKHLW© EDW HU ª,FK ZHL GD 6LH QLFKW GLH )UDX VLQG GLH LFK NHQQH$EHU6LHJOHLFKHQLKUDXIV+DDUXQGHVIlOOWPLUVFKZHU]XJODXEHQGDLFKHLQH)UHPGHYRU PLUKDEH© 6LHOlFKHOWHIUHXQGOLFK(UVWQDFKHLQHU:HLOHDQWZRUWHWHVLH ª,FK KDEH PLFK PLW GHU 7KHRULH GHU 3DUDOOHOXQLYHUVHQ EHIDW :HU ZLOO GD EHUKDXSW YRQ bKQOLFKNHLW XQG )UHPGKHLW VSUHFKHQ" *LEW HV QLFKW HLQHQ *UDG GHU bKQOLFKNHLW GHV .|USHUV XQG GHV *HLVWHV GHU HV Y|OOLJ XQHUKHEOLFK PDFKW RE HLQH %HJHJQXQJ PLW GHP YHUPHLQWOLFK )UHPGHQ VFKRQ HLQPDO VWDWWJHIXQGHQ KDW"© 6LH ODFKWH ODXW DXI XQG ZLVFKWH PLW GHU +DQG GXUFK GLH /XIW ª$EHU GD VLW]H LFK XQG UHGH ZlKUHQG 6LH GULQJHQGH 3UREOHPH DXI GHU 6HHOH KDEHQ :LH NDQQ LFK ,KQHQKHOIHQ"© ª,FK EUDXFKH HLQH 3DUDFKURQ$SSDUDWXU© DQWZRUWHWH-XOLDQ RKQH]X]|JHUQ ª6LHKDEHQVLFK PLW GHU+\SRWKHVHGHU3DUDOOHOXQLYHUVHQEHIDW:LVVHQ6LHZDVGDVLVW"© ª,FKKDEHHLQHXQJHIlKUH9RUVWHOOXQJGDYRQ©QLFNWH VLHª$OOHUGLQJVELQLFKNHLQHDXVJHELOGHWH:LVVHQVFKDIWOHULQ© ª'DVZHLLFK©OlFKHOWHHUª,FKKDWWHDQGHQ%HLVWDQGHLQHV'ULWWHQJHGDFKW© ª:HQPHLQHQ6LHGDPLW"© ª5HJLQDOG%XOO© 6LHVFKLHQ]XHUVFKUHFNHQ ª:LH NRPPHQ 6LH GDUDXI GD ]ZLVFKHQ %XOO\ XQG PLU HLQH 9HUELQGXQJ EHVWHKW"© VSUXGHOWH VLH KHUYRU ª6DJWHLFKGDV"©IUDJWHHUIUHXQGOLFK ª1HLQQLFKWGLUHNWDEHU© 6LHVFKWWHOWHGHQ.RSI ª(QWVFKXOGLJHQ 6LH LFK ZHL QLFKW ZDV LFK UHGH ,KUH bKQOLFKNHLW PLW LKP LVW VR YHUEOIIHQG GD LFK PLFK DXJHQEOLFNOLFK LQ GLH (FNH JHGUlQJW IKOH XQG PHLQH LFK PWH PLFK YHUWHLGLJHQ 6HOEVWYHUVWlQGOLFKKDEHQ%XOO\XQGLFK.RQWDNWXQGQRFKHLQSDDUDQGHUH/HXWH/DXWHU(KHPDOLJH GLH YRQ LKP DOV YHUJOHLFKVZHLVH KDUPORV EHWUDFKWHW ZHUGHQ (LQ HKHPDOLJHU 6WDDWVPDUVFKDOO HLQH HKHPDOLJH*HOLHEWHXQGVRZHLWHU© ª9LHOOHLFKW N|QQWH %XOO\ KHOIHQ© YHUVXFKWH -XOLDQ GDV *HVSUlFK ZLHGHU DXI GLH XUVSUQJOLFKH %DKQ]XOHQNHQª(V GUHKW VLFKLQ GHU+DXSWVDFKHXP GHQ+RZDOJRQLXP.ULVWDOOGHQ LFKIUGHQ :DQGOHU EUDXFKH 8QG QHEHQEHL DXFK QRFK XP HLQH +DQGYROO YRQ 'LQJHQ GLH LFK LQ GLHVHU /LVWH YHU]HLFKQHWKDEH© (U]RJHLQ6WFN6FKUHLEIROLHDXVGHU7DVFKHXQGUHLFKWHVLHLKU ª,FKELQVLFKHUGD%XOO\PLWYRQGHU3DUWLHVHLQZLUG©YHUVLFKHUWHVLHLKPª8QGVHLHVQXUXP 7LIIORUGHP6FKUHFNOLFKHQHLQVDXV]XZLVFKHQ© ª,FK ELQ YROO XQG JDQ] DXI 6LH DQJHZLHVHQ© EHNDQQWH -XOLDQ HLQ ZHQLJ YHUOHJHQ ª,FK ELQ PLU EHZXWGDLFK6LHGXUFKPHLQH%LWWHQXQWHU8PVWlQGHQLQ6FKZLHULJNHLWHQEULQJH$EHUPLUEOHLEW
QLFKWVDQGHUHVEULJDOV© ª9HUJHVVHQ 6LH ,KUH (QWVFKXOGLJXQJHQ© XQWHUEUDFK VLH LKQ IUHXQGOLFK ª:LU DOOH VLQG 8QWHUGUFNWHXQGZDV ZLUWXQN|QQHQXPHLQHPDQGHUHQ8QWHUGUFNWHQ]XKHOIHQGDVZLUGJHWDQZHUGHQ© (UVFKLOGHUWHZLHHUGHPDQGHUHQ7LIIORULQGLH+lQGHJHIDOOHQXQGZLHHVLKPVHLWGHPHUJDQJHQ ZDU'DK\DK|UWHLKPZRUWORV]X0DQFKPDOHPSIDQGHUHLQVFKLHUEHUZLQGOLFKHV9HUODQJHQVLH LQGLH$UPH]XQHKPHQ$EHUHUEHKHUUVFKWHVLFK(VZDULKPJHOXQJHQHLQH%UFNHGHV9HUWUDXHQV ]X GLHVHU )UDX ]X VFKODJHQ GLH YRQ VHLQHP 'RSSHOJlQJHU EHWURJHQ ZRUGHQ ZDU 3OXPSKHLW KlWWH GLHVH%UFNHDXJHQEOLFNOLFK]HUVW|UW 6LHVFKZLHJODQJH=HLWDOVHUJHHQGHWKDWWH ª-DVRLVWHU©VHXI]WHVLHVFKOLHOLFKª6RZDUHUVFKRQLPPHUZHQLJVWHQVVHLWLFKLKQNHQQH© 6LHUHLFKWH-XOLDQGLH+DQG ª:LUZHUGHQ,KQHQKHOIHQ©YHUVSUDFKVLHIHVW 6LHWUDIHQQRFKHLQLJH9HUHLQEDUXQJHQGDQQPDFKWHVLFK'DK\DDXIGHQ+HLPZHJ -XOLDQHUUHLFKWHRKQHJHVHKHQ]XZHUGHQGLH%DWWHULHYRQ%LOGVSUHFK]HOOHQ9RQGHU$XVNXQIWHL HUIUDJWH HU GHQ $QVFKOXNRGH GHV *URDGPLQLVWUDWRUDPWHV 'D GHU |IIHQWOLFKH %LOGVSUHFKDQVFKOX GDV %LOG DXWRPDWLVFK PLWEHUWUXJ RKQH GHP %LOGVSUHFKWHLOQHKPHU HLQH :DKO ]X ODVVHQ VWHOOWH HU VLFKVR]XU6HLWHGDHUZRKOGHQ%LOGVFKLUPVHKHQDEHUVHOEVWQLFKWYRQGHU.DPHUDHUIDWZHUGHQ NRQQWH (LQ5RERWPHOGHWHVLFKYHUNOHLGHWLQGLH*HVWDOWHLQHUKEVFKHQMXQJHQ)UDX ª%LWWH"©VDJWHVLHHLQIDFK ª,FKP|FKWHGHQ*URDGPLQLVWUDWRUVSUHFKHQ©VDJWH-XOLDQ ª7XWPLUOHLGGDVLVWQLFKWP|JOLFK©ZXUGHLKPPLWJHWHLOW ª(VLVWGULQJHQG©EHKDXSWHWH-XOLDQª'LH6WDDWVVLFKHUKHLWKlQJWYRQGLHVHP*HVSUlFKDE© ª,FKNDQQ6LHQLFKWVHKHQ©EHPHUNWHGHU5RERWHUª%LWWH]HLJHQ6LHVLFK© ª'DV JHKW QLFKW© DQWZRUWHWH -XOLDQ ª0HLQ bXHUHV KlQJW HEHQ PLW GLHVHU 6WDDWVVLFKHUKHLW ]XVDPPHQ© ª,FKEHGDXUH©VDJWHGHU5RERWªDEHU© ª/DVVHQ6LHPLFKZHQLJVWHQVHLQHQGHUK|KHUHQ%HDPWHQVSUHFKHQ©XQWHUEUDFK-XOLDQ ª,FKYHUELQGH6LHPLWGHP5HVVRUWOHLWHU,QQHUH6LFKHUKHLW© 'DV%LOGZHFKVHOWH(LQPUULVFKHUlOWHUHU0DQQHUVFKLHQ ª,FKP|FKWHGHQ*URDGPLQLVWUDWRUVSUHFKHQ©HUNOlUWH-XOLDQYRQQHXHP 'HU0DQQYHU]RJGDV*HVLFKW ª'DV P|FKWHQ DOO]X YLHOH© NQXUUWH HU ªGHVZHJHQ ODVVHQ ZLU HV JUXQGVlW]OLFK QLFKW ]X© (U EOLQ]HOWHª2GHUKDEHQ6LHHLQ.RGHZRUW"© -XOLDQKDWWHGDVª1HLQ©VFKRQDXIGHU=XQJHGDILHOLKPHLQGDGLHVH)UDJHHLQHDQGHUHDOVGLH YHUPXWHWH %HGHXWXQJ KDEHQ N|QQH 'HU 'LNWDWRU ZDU EHU GHQ 8QIDOO RKQH =ZHLIHO OlQJVW LQIRUPLHUWZRUGHQ0DQKDWWHGHQ*OHLWHUXQGGHQ5RERWHUDXIGHP%RGHQGHU6FKOXFKWJHIXQGHQ DEHUQLFKW-XOLDQ7LIIORUV'RSSHOJlQJHU'HP7\UDQQHQEOLHEHQ]ZHL0|JOLFKNHLWHQDQ]XQHKPHQ GDVHLQ'RXEOHGDV8QJOFNDEVLFKWOLFKLQV]HQLHUWKDEHXPLKP]XHQWNRPPHQRGHU]XJODXEHQ GDHVVLFKXPHLQHQHFKWHQ8QIDOOKDQGHOWHXQGVHLQ'RSSHOJlQJHUVLFKKHLPOLFKHQWIHUQWKDEHXP YRQGHQ6XFKWUXSSVQLFKWJHVHKHQ]XZHUGHQ,QGLHVHPOHW]WHUHQ)DOOHPXWHHUDQQHKPHQGDGHU 9HUVFKROOHQHDXILUJHQGHLQH:HLVHYHUVXFKHQZUGHVLFKPLWLKPLQ9HUELQGXQJ]XVHW]HQ+DWWH HU GHVZHJHQ DQ GLH $QJHVWHOOWHQ VHLQHV $PWHV HLQH /LVWH PLW .RGHZ|UWHUQ YHUWHLOW DQKDQG GHUHQ GHU$QUXIHQGHVLFKLGHQWLIL]LHUHQNRQQWH" ª:HQQ6LHHLQHQDPWOLFKDQHUNDQQWHQ.RGHPHLQHQ©DQWZRUWHWH-XOLDQGHP%HDPWHQªGDQQPX LFK YHUQHLQHQ ,FK N|QQWH MHGRFK HLQ SDDU :RUWH QHQQHQ GLH LFK 6LH ELWWH GHP /RUGPDUVFKDOO ]X EHUPLWWHOQ VR GD HU VHOEVW HQWVFKHLGHQ NDQQ RE HU GLHVHQ $QUXI HQWJHJHQQHKPHQ ZLOO RGHU QLFKW© 'HU5HVVRUWFKHIQLFNWH ª.|QQHQ6LHQLFKWHLQZHQLJQlKHUYRUGLH.DPHUDWUHWHQ"©IUDJWHHU
ª'DVLVWOHLGHUXQP|JOLFK©EHKDUUWH-XOLDQ ª$OVRJXW1HQQHQ6LHHLQSDDUYRQ,KUHQ:|UWHUQ© ª3DUDFKURQ©VDJWH-XOLDQª6WHOOYHUWUHWHU/HYHQVWHLQ© ª+DOWGDVJHQJW©ZXUGHHUXQWHUEURFKHQª,FKOHLWHGDV*HVSUlFKZHLWHU© 'HU%LOGVFKLUPIODFNHUWH(LQSDDU6HNXQGHQYHUJLQJHQGDQQHUVFKLHQGDV*HVLFKWGHV'LNWDWRUV -XOLDQWUDWYRUGLH.DPHUD ª:R]XP7HXIHOVWHFNHQ6LH"©KHUUVFKWHGHUDQGHUH7LIIORULKQDQ ª,P(GHQKDOO3DUNZRVRQVW"© ª*HQDXZR"© -XOLDQEHVFKULHEVHLQH3RVLWLRQ ª%OHLEHQ 6LH GRUW RKQH GD 6LH MHPDQG VHKHQ NDQQ© EHIDKO GHU 'LNWDWRU ª,FK VFKLFNH HLQHQ 5RERWZDJHQ©(UJULQVWHGLDEROLVFKª8QGZHQQ6LHKLHUVLQGXQWHUKDOWHQZLUXQVHLQZHQLJEHU ,KUHQPHUNZUGLJHQ8QIDOO© ª(V KDW ZHQLJ =ZHFN© HUNOlUWH GHUDQGHUH 7LIIORU NDOW ª6LH ]X IUDJHQ PLW ZHOFKHU $EVLFKW 6LH GLHVHQ 8QIDOO LQV]HQ]LHUW KDEHQ 0DQ ZLUG GLH :DKUKHLW DXI DQGHUH :HLVH DXV ,KQHQ KHUDXVEULQJHQ© ª5HGHQ6LHNHLQHQ4XDWVFK©ZLHV-XOLDQGLH8QWHUVWHOOXQJ]XUFNª:LHJHKWHV
'HU'LNWDWRUKDWWHGLH$UPHDXIGHP5FNHQYHUVFKUlQNWXQGJLQJHLQSDDU6FKULWWHDXIXQGDE ª,FKZHUGHPLFKPLW,KUHQ:RUWHQQLFKW]XIULHGHQJHEHQ©HUNOlUWHHUª=XQlFKVWZLUGGDV:UDFN XQWHUVXFKW 0DQ ZLUG VLFK EHPKHQ GLH 8UVDFKH GHV 8QIDOOV HLQGHXWLJ ]X HUPLWWHOQ 8QG ,KQHQ VWHKWVHOEVWYHUVWlQGOLFKHLQSV\FKRSK\VLVFKHV9HUK|UEHYRU© -XOLDQHUKREVLFKJHODVVHQDXVVHLQHP6HVVHO ª,FKNHQQH/HXWH©EHPHUNWHHUOHLFKWKLQªGLHOHLGHQYLHOZHQLJHUDQ9HUIROJXQJVZDKQDOV6LH© 'HUDQGHUH7LIIORUJLQJQLFKWGDUDXIHLQ ª.HKUHQ6LHDXI,KUHQ3RVWHQ]XUFN©EHIDKOHUVHLQHP'RSSHOJlQJHU ,Q :LUNOLFKNHLW ZDU HU PLW GHP $XVJDQJ GHV 9HUK|UV QLFKW VRQGHUOLFK XQ]XIULHGHQ 6HLQH $UJXPHQWHZDUHQSODXVLEHOJHZHVHQ1LFKW]XOHW]WVSUDFKGHU8PVWDQGGDHUVLFKVREDOGEHLGHP 7\UDQQHQJHPHOGHWKDWWHIULKQ(UZDUEHUHLW]XJODXEHQGDGDV:UDFNGHV)DKU]HXJVQDFKGHU 8QIDOOXUVDFKH GXUFKIRUVFKW ZHUGHQ ZUGH $EHU HU ]ZHLIHOWH RE HLQ SV\FKRSK\VLVFKHV 9HUK|U ZLUNOLFK EHDEVLFKWLJW ZDU 'DV 9HUK|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lJLJH $QWZRUW 0DQ KDWWH LKQ PLW HLQHU QHXHQ 8QLIRUP DXVJHVWDWWHW DEHU
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lW GHV .HUQVSHLFKHUV HWZD HLQH 0LOOLDUGH =HLFKHQ EHWUXJ :DU GLHVH 0LOOLDUGH HLQJHOHVHQ VR KDWWH GHU 5HFKQHU NHLQHQ 3ODW] PHKU XP GLH $XIJDEHQ ]X YHUULFKWHQ GLH LKP DQJHWUDJHQZXUGHQ -XOLDQOLHGHQ0LNURILOPYLHU]LJ0LQXWHQODQJDEODXIHQ$XIGLHVH:HLVHEHVHW]WHHU]ZHLKXQGHUW 0LOOLRQHQ =HOOHQ GHV .HUQVSHLFKHUV 'DV ZDU HLQ $QIDQJ GHU LKP KHXWH DEHQG =HLW XQG 5LVLNR VSDUHQ ZUGH $XI GHU DQGHUHQ 6HLWH ZDU GHU &RPSXWHU GHVVHQ 6SHLFKHU QXU ]X HLQHP )QIWHO VHLQHU.DSD]LWlWEHVHW]WZDUYRUOlXILJQRFKYROOIXQNWLRQVIlKLJVRGDQLHPDQGGLH0DQLSXODWLRQ EHPHUNHQZUGH (U WDW GHQ %LOGEDQG LQ GLH %LEOLRWKHN ]XUFN XQG GHVDNWLYLHUWH VRZRKO GHQ %HOHJOHVHU DOV DXFK GHQ5HFKHQDQVFKOX'DQDFKEOLHELKPQLFKWVDQGHUHVEULJDOVVLFKLQ*HGXOG]XIDVVHQZDVLKP XPVRVFKZHUHUILHOMHZHLWHUGHU7DJIRUWVFKULWW8P8KUVHW]WHHUGHQ%HOHJOHVHUYRQQHXHPLQ 7lWLJNHLW$OOHVHFKV6HNXQGHQHLQPDOZXUGHGHU%LOGEDQGJHOHVHQXQGVHLQ,QKDOWLQGHQ .HUQVSHLFKHUGHV5HFKQHUVEHUIKUW'LH%UR]HLWGHU7DJVFKLFKWZDUYRUEHU'LH1DFKWVFKLFKW KDWWHLKUH3RVWHQEH]RJHQ6LHZDU]DKOHQPlLJZHLWDXVVFKZlFKHUDOVGLH7DJVFKLFKWXQGHWZDLQ GHPVHOEHQ 0DH ZUGH VLFK GHP]XIROJH DXFK GLH %HQXW]XQJ GHV &RPSXWHUV YHUULQJHUQ 'DV EHGHXWHWHIU-XOLDQHLQHQJHZLFKWLJHQ9RUWHLO0DQZUGHVSl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|OI 0LQXWHQ IU GLHVH %HVRUJXQJ JHEUDXFKW KDWWH 8P YHUOLH -XOLDQ VHLQHQ $UEHLWVUDXP ]XP OHW]WHQPDO ZLH HU VLFK VDJWH GHQQZHQQVHLQ9RUKDEHQJHODQJZDUHUIUHLXQGZHQQHVIHKOVFKOXJZUGHHUGHQPRUJLJHQ7DJ QLFKWPHKUHUOHEHQ 6REDOGGHU&RPSXWHUDXVJHIDOOHQZDUJDEHVLQGLHVHP*HElXGHIULKQQXUQRFKHLQH*HIDKUGLH 5RERWHU GLH DXIJUXQG LKUHU SRVLWURQLVFKHQ ,QWHOOLJHQ] ]ZLVFKHQ GHP 'LNWDWRU XQG VHLQHP 'RSSHOJlQJHU XQWHUVFKHLGHQ NRQQWHQ ,KQHQ PXWH HU DXV GHP :HJ JHKHQ +LOIH KDWWH HU QXU YRQ GHQ 0HQVFKHQ ]X HUZDUWHQ GLH KLHU DUEHLWHQ XQG YRQ LKQHQ DXFK QXU ZHLO HU GHQ (IIHNW GHU hEHUUDVFKXQJDXIVHLQHU6HLWHKDWWH (U SDVVLHUWH XQEHKLQGHUW HLQLJH OHHUH *lQJH XQG JHODQJWH VFKOLHOLFK LQ GHQ %UREHUHLFK GHV *URDGPLQLVWUDWRUDPWHV (V ZDU DOV HU GHQ $UEHLWVUDXP GHV 5HVVRUWOHLWHUV IU ,QQHUH 6LFKHUKHLW EHWUDW GHV QlFKWOLFKHQ bTXLYDOHQWV GHV 0DQQHV GHU LKQ DP 7DJH GHV 8QIDOOV PLW GHP 'LNWDWRUYHUEXQGHQKDWWH'HU0DQQREZRKOLQ=LYLOVSUDQJKLQWHUVHLQHP6FKUHLEWLVFKDXIXQG QDKPPLOLWlULVFKH+DOWXQJDQ-XOLDQNDQQWHLKQYRQGHUDQGHUHQ%H]XJVHEHQH(UZDUHLQMXQJHU VWUHEVDPHU 0DQQ XQG KLH .DUHO 0RUWLPHU (U ZDU LQWHOOLJHQW XQG HV ZUGH HLQLJHU 9RUVLFKW EHGUIHQXPLKQQLFKWPHUNHQ]XODVVHQZDVKLHUJHVSLHOWZXUGH -XOLDQOLHVLFKLQHLQHQ6HVVHOIDOOHQ ª6HW]HQ 6LH VLFK 0RUWLPHU© VDJWH HU ]X GHP 5HVVRUWOHLWHU ª,FK KDEH HLQ 3UREOHP XQG P|FKWH GD6LHPLUGDEHLKHOIHQ©
0RUWLPHU JHKRUFKWH ,Q VHLQHP *HVLFKW VWDQG 5DWORVLJNHLW (V ZDU YHUPXWOLFK GDV HUVWHPDO GD GHU/RUGPDUVFKDOOVLFKPLWHLQHP*HVXFKXP+LOIHDQLKQZHQGHWH ª(V KDW VLFK HLQ 'RSSHOJlQJHU LQ GLHVHP *HElXGH HLQJHQLVWHW© HUNOlUWH -XOLDQ ª0HLQ 'RSSHOJlQJHU ,FK KDEH GDV HUVW YRU NXU]HP HUIDKUHQ DOV LFK PHLQ $XVZHLFKEUR DXIVXFKHQ ZROOWH© 0RUWLPHUZDUVRVFKRFNLHUWGDHUQLFKWV]XVDJHQZXWH ª.ODSSHQ6LHGHQ0XQGZLHGHU]X©IRUGHUWH-XOLDQLKQDXIª'HU0DQQPXVRIRUWXQVFKlGOLFK JHPDFKWZHUGHQ© ª6HOEVHOEVWYHUVWlQGOLFK©VWRWWHUWH0RUWLPHUª'DVLVWMDZLHNDQQVRHWZDVJHVFKHKHQ"© ª3DUDFKURQ(IIHNW© DQWZRUWHWH -XOLDQ NQDSS ª(LQ JH]LHOWHU $QVFKODJ DXV HLQHU DQGHUHQ %H]XJVHEHQH DXI XQVHU 6WDDWVZHVHQ 5XIHQ 6LH ,KUH /HXWH ]XVDPPHQ 0RUWLPHU 6FKQHOOLJNHLW LVW GDV*HERWGHV$XJHQEOLFNV© $XIJHUHJWIKUWH0RUWLPHUGUHLNXU]H,QWHUNRPJHVSUlFKH$XJHQEOLFNHVSlWHUEHJDQQGHUNOHLQH $UEHLWVUDXP VLFK PLW 0HQVFKHQ ]X IOOHQ %HLP $QEOLFN GHV /RUGPDUVFKDOOV HUVWDUUWHQ VLH LQ (KUIXUFKW 5XQGH HLQV JLQJ DQ -XOLDQ 7LIIORU GHQ +HLPDWORVHQ 1LHPDQG KHJWH DXFK QXU GHQ JHULQJVWHQ =ZHLIHO DQ VHLQHU ,GHQWLWlW 5XQGH ]ZHL EHJDQQ LQ GHP $XJHQEOLFN LQ GHP VLH KHUDXVIDQGHQGDGHUDQGHUH7LIIORUJHQDXVRDXVVDKZLHHU (UZLHGHUKROWHVHLQH$QVFKXOGLJXQJJHJHQGHQ'RSSHOJlQJHU ª6RODQJH HU VLFK LQ PHLQHP %UR DXIKlOW LVW HU QDKH]X XQDQJUHLIEDU© IJWH HU KLQ]X ª:LU PVVHQDQQHKPHQGDHUPLWGHQ6LFKHUKHLWVYRUULFKWXQJHQHEHQVRYHUWUDXWLVWZLHLFK(UPXDXI QHXWUDOHQ %RGHQ JHORFNW ZHUGHQ GDPLW ZLU LKQ EHUZlOWLJHQ N|QQHQ© (U ZDQGWH VLFK DQ GHQ 5HVVRUWFKHIª0RUWLPHUGDVLVW,KUH$XIJDEH© 0RUWLPHU KDWWH GLH 6DFKH DXI VLFK ]XNRPPHQ VHKHQ XQG VHLQHQ 'HQNDSSDUDW DXI +RFKWRXUHQ ODXIHQODVVHQ6HLQ3ODQZDUIHUWLJ ª'LH2UWXQJV]HQWUDOH©ULHIHUª,FKZHUGHLKQZLVVHQODVVHQGDZLUHLQHQ5HIOH[HQWGHFNWKDEHQ GHUGDUDXIKLQZHLVWGDVLFKMHPDQGDXIXQWHULUGLVFKHP:HJHGHP*HElXGH]XQlKHUQVXFKW© ª(UZLUGHLQIDFKYHUODQJHQGDGDV2UWXQJVHUJHEQLV DXIVHLQHQ%LOGVFKLUP XPJHVFKDOWHW ZLUG© YHUVXFKWH-XOLDQGHQ9RUVFKODJ]XHQWNUlIWLJHQ ª'DEHLYHUOLHUWHUGLH+lOIWHGHV'HWDLOV©HUHLIHUWHVLFK0RUWLPHUª'HU%LOGVFKLUPLQ,KUHP%UR LVW IU 'DWHQXQG %LOGEHUWUDJXQJ DXVJHVWDWWHW QLFKW DEHU IU GLH hEHUWUDJXQJ NRPSOH[HUHU 6WUXNWXUHQDOVRHLQHV2UWHUUHIOH[HV© -XOLDQJDEVLFKJHVFKODJHQ0RUWLPHUVFKLFNWHVHLQH/HXWHDXVGHP%URXQGWUXJLKQHQDXILQGHU 1lKHGHU2UWXQJV]HQWUDOH3RVWHQ]XEH]LHKHQ(VZDU,Q]ZLVFKHQPXWH%OXHOl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lQQHUQ JOHLFKHQ $XVVHKHQV ZDU PRFKWH DXI GHQ 'LNWDWRU GHQ(LQGUXFNPDFKHQGDHUHEHQGLH%HREDFKWXQJGHU2U WXQJV]HQWUDOH IU DXHURUGHQWOLFK JUDYLHUHQG KLHOW XQG YHUOLHK GDGXUFK VHLQHU $XVVDJH ]XVlW]OLFKHV*HZLFKW $OVHUDXIOHJWHVWDQG0RUWLPHUGHU6FKZHLDXIGHU6WLUQ(UZDUI-XOLDQHLQHQXQVLFKHUHQ%OLFN ]XXQGVDJWH ª(UNRPPW© 'LH2UWXQJV]HQWUDOHODJDXIGHUVHOEHQ(WDJH6LHEHIDQGVLFKLQHLQHPNUHLVUXQGHQ5DXPGHUYRQ HLQHP EUHLWHQ 5XQGJDQJ XPJHEHQ ZDU 0DQ ZXWH DXV ZHOFKHU 5LFKWXQJ -XOLDQV 'RSSHOJlQJHU NRPPHQ ZUGH 'LH $XVJlQJH DOOHU DQGHUHQ .RUULGRUH GLH DXI GHQ 5XQGJDQJ PQGHWHQ ZDUHQ YRQ0RUWLPHUV/HXWHQEHVHW]W-XOLDQYHUWDXVFKWHVHLQHQ%ODVWHUYRQGHPHUDQQDKPGDHULKQLP HQWVFKHLGHQGHQ $XJHQEOLFN LP 6WLFK ODVVHQ ZUGH JHJHQ HLQHQ 6FKRFNHU (U ZXWH HLQHQ JXWHQ
*UXQGGDIUDQ]XJHEHQ ª:LU PVVHQ GDPLW UHFKQHQ GD GHU 0DQQ VLFK ZHKUW© VDJWH HU ª,FK ZLOO NHLQHQ 7RWHQ ,FK EUDXFKHLKQOHEHQGLJXP]XHUIDKUHQZHUKLQWHUGLHVHU6DFKHVWHFNW© 6FKULWWH ZXUGHQ K|UEDU -XOLDQ KRUFKWH DXIPHUNVDP HV ZDUHQ GLH 6FKULWWH HLQHV 0DQQHV 6HLQH %HIUFKWXQJ GD GHU DQGHUH 7LIIORU LQ %HJOHLWXQJ VHLQHU GLHQVWEDUHQ 5RERWHU DXINUHX]HQ ZUGH ZDU XQEHJUQGHW (U SRVWLHUWH VLFK ]XU 6HLWH GHV *DQJHV GXUFK GHQ GHU 'LUHNWRU NDP 0RUWLPHU VWDQGYRUGHU0QGXQJGHV.RUULGRUVLP5XQGJDQJ ª,FKKRIIHGLH6DFKHLVWZLUNOLFKVRZLFKWLJZLH6LHYRUJHEHQ©K|UWH-XOLDQVHLQHQ'RSSHOJlQJHU VDJHQ ª2KQH=ZHLIHO/RUGPDUVFKDOO©DQWZRUWHWH0RUWLPHUXQWHUZUILJ 'HU'LNWDWRUWUDWDXVGHP*DQJKHUYRULQGHQ5XQGJDQJ0RUWLPHUUKUWHVLFKQLFKW ª:DVLVW"©KHUUVFKWHGHU/RUGPDUVFKDOOLKQXQJHGXOGLJDQª)KUHQ6LHPLFK© ª(UKDW6LHZHLWJHQXJJHIKUW©VDJWH-XOLDQXQGWUDWPLWJH]RJHQHU:DIIHDXIGHQ'LNWDWRU]X 'HUDQGHUHZLUEHOWHKHUXP(LQ$XVGUXFNXQEHVFKUHLEOLFKHU:XWHUVFKLHQDXIVHLQHP*HVLFKW ª6LH©NHXFKWHHUª6LHKDEHQ© ª6LH VLQG YHUKDIWHW© IXKU LKP -XOLDQ LQ GLH 3DUDGH ª,KUH 'RSSHOJlQJHUUROOH LVW GXUFKVFKDXW (V GUHKWVLFKQXUQRFKGDUXPKHUDXV]XILQGHQZHU6LHGD]XDQJHVWLIWHWKDWXQGZDV6LHKLHUZROOWHQ© 'HU7\UDQQJHZDQQUDVFKGLH%HKHUUVFKXQJZLHGHU ª6LH VLQG GHU 'RSSHOJlQJHU QLFKW LFK© VWLH HU KHUYRU (U ZDQGWH VLFK DQ GHQ 5HVVRUWFKHI ª0RUWLPHUZDVVROOGHU8QVLQQ"6LHZLVVHQZHULFKELQ© ª,FK VHKH ]ZHL LGHQWLVFKH 0lQQHU YRU PLU© ZLHV 0RUWLPHU LKQ ]XUFN ª8QG GLHVHU 0DQQ KLHU NDP]XPLUXPPLUYRQGHU([LVWHQ]HLQHV'RSSHOJlQJHUV]XEHULFKWHQ6LHDEHUQLFKW© ª'DV LVW GRFK JDQ] NODU© EUOOWH GHU 'LNWDWRU ª,FK KDWWH GLHVHQ 0DQQ HLQJHVSHUUW (U VROOWH PRUJHQYHUK|UWZHUGHQ,FK© ª'LHJDQ]H6DFKHLVWIXUFKWEDUHLQIDFK©ILHOLKP-XOLDQLQV:RUWª-HGHUPDQQZHLGDVlPWOLFKH 5lXPHGLHVHV*HElXGHVPLWUHFKQHUJHVWHXHUWHQ6LFKHUKHLWVYRUNHKUXQJHQYHUVHKHQVLQG:HQQLFK LQ GHU 7DW HLQ XQDXWRULVLHUWHV 'RXEOH ZlUH KlWWH GHU &RPSXWHU NHLQH 6HNXQGH JH]|JHUW PLFK XQVFKlGOLFK]XPDFKHQ© 9RQGLHVHU6HLWHKDWWH0RUWLPHUGLH$QJHOHJHQKHLWRIIHQEDUQRFKJDUQLFKWEHWUDFKWHW ª'DVLVWULFKWLJ©EHPHUNWHHUYHUEOIIWª$EHU© ª,QIROJHGHVVHQ© VDJWH -XOLDQ ªEUDXFKHQ ZLU NHLQH ZHLWHUH 6HNXQGH PLW GHQ XQVLQQLJHQ $QVFKXOGLJXQJHQGLHVHV0DQQHV]XYHUVFKZHQGHQ© (UGUFNWHDE'HU6FKRFNHUVXPPWHKHOOXQGGHU'LNWDWRUJLQJEHZXWORV]X%RGHQ -XOLDQ ZXWH GD VHLQH 5HWWXQJ LQ GHU 6FKQHOOLJNHLW ODJ 6HLQH $UJXPHQWH ZDUHQ OFNHQ XQG IHKOHUKDIW (V NRQQWH QLFKW ODQJHGDXHUQ ELV HLQ NOXJHU.RSI ZLH 0RUWLPHU LKP DXI GLH 6FKOLFKH NDP ª=ZHL0DQQQHKPHQLKQDXIXQGEULQJHQLKQLQGLH7LHIJDUDJH©EHIDKOHU0RUWLPHUV/HXWHQGLH DXVLKUHQ9HUVWHFNHQKHUYRUJHNRPPHQZDUHQ ª:DVKDEHQ6LHPLWLKPYRU6LU"©HUNXQGLJWHVLFK0RUWLPHU -XOLDQ KRUFKWH DXI +lWWH GHU 0DQQ VLFK DXFK XQWHU DQGHUHQ 8PVWlQGHQ HUODXEW GHP /RUGPDUVFKDOOHLQHVROFKH)UDJH]XVWHOOHQ" ª:DVNPPHUW6LHGDV"©IUDJWHHUJURE ª6LHOLHHQPLFK]XYRUQLFKW]X(QGHUHGHQ6LU©DQWZRUWHWH0RUWLPHUPLW(QWVFKORVVHQKHLWª,KU $UJXPHQW ZDU ULFKWLJ :lUHQ 6LH GHU IDOVFKH 0DQQ GDQQ KlWWH GHU &RPSXWHU 6LH XQVFKlGOLFK JHPDFKW'DVVHOEHNDQQDEHUDXFKGHUDQGHUHIUVLFKLQ$QVSUXFKQHKPHQQLFKWZDKU"© ª0RUWLPHU'DVLVW,QVXERUGLQDWLRQ©JUROOWH-XOLDQ ª'DV PDJ VHLQ© DQWZRUWHWH GHU 5HVVRUWFKHI JHODVVHQ ª$EHU LFK PX PHLQHU 6DFKH VLFKHU VHLQ %LWWHEHDQWZRUWHQ6LHPLUGDKHUGLH)UDJH:RKLQJHGHQNHQ6LHGLHVHQ0DQQ]XEULQJHQ"© -XOLDQZXWHGDHUQRFKHLQHHLQ]LJH&KDQFHKDWWH0RUWLPHUV0LWUDXHQ]X]HUVWUHXHQ(UQDKP VLFKYRUVLH]XQW]HQ ª6LHNHQQHQ'U.DUREHLGHU6RODUHQ$EZHKU"©
(UEHREDFKWHWH0RUWLPHUJHQDXDEHUGHUOLHVLFKYRUOlXILJQLFKWVDQPHUNHQ ª/DXUHO.DUR"©HUNXQGLJWHHUVLFK ª-D© ª'RUWKLQP|FKWHQ6LHGHQ%HZXWORVHQEULQJHQ"© ª:LVVHQ6LHHLQHQEHVVHUHQ3ODW]"© 1XUHLQH=HKQWHOVHNXQGHODQJ]RJHQVLFK0RUWLPHUV$XJHQGURKHQG]XVDPPHQGDQQKDWWHHUVLFK ZLHGHULQGHU*HZDOW)U-XOLDQUHLFKWHHVDXV(UZXWHGDHUGDV6SLHOYHUORUHQKDWWH ª'U.DURZXUGHYRUVHFKV-DKUHQZHJHQSROLWLVFKHU 8Q]XYHUOlVVLJNHLW DXV GHP 'LHQVW HQWODVVHQ© HUNOlUWH 0RUWLPHU NDOW ª'DPLW JHEHQ 6LH PLU ]X YHUVWHKHQGDQLFKW6LHVRQGHUQ© (UNDPQLFKWZHLWHU-XOLDQKDWWHHLQ]ZHLWHV0DODEJHGUFNW0RUWLPHUEUDFK]XVDPPHQ,P1X VWDQG-XOLDQEHULKPXQG]RJLKPGHQ%ODVWHUDXVGHP*UWHO0RUWLPHUV/HXWHKDWWHQHLQHQ.UHLV XPLKQJHELOGHW(UVDK+lQGHQDFKGHQ:DIIHQJUHLIHQXQGULFKWHWHGLH0QGXQJGHV6WUDKOHUVDXI GHQEHZXWORVHQ'LNWDWRU ª,KUZHUGHWDOOHWXQZDVLFKHXFKVDJH©NQXUUWHHUª6RQVWLVWHXHUJURDUWLJHU*URDGPLQLVWUDWRU HLQWRWHU0DQQ© 'DPLWKLHOWHUVLHLQ6FKDFK(UOLH]ZHL/HXWHGHQ%HZXWORVHQDXIQHKPHQXQGKLHOWVLFKVWHWV VR GD HU LKQ NODU LP 6FKXIHOG KDWWH 'HQ lQGHUQ EHIDKO HU ]X LKUHQ $UEHLWVSOlW]HQ ]XUFN]XNHKUHQ 6LH JHKRUFKWHQ RKQH ZHLWHUHV (U ZXWH ZDV VLH LP 6LQQ KDWWHQ 6LH ZUGHQ YHUVXFKHQGHQ&RPSXWHU]XDODUPLHUHQXPLKPGHQ:HJ]X YHUVSHUUHQ$EHUGHU&RPSXWHUZDU DXHU%HWULHE%LVGHU6FKDGHQEHKREHQZDUPXWHHUOlQJVWEHUDOOH%HUJHVHLQ 'HU$XI]XJEUDFKWHLKQXQGVHLQH%HJOHLWHULQGLH7LHIJDUDJHXQWHUGHP9HUZDOWXQJVJHElXGHGHU *URDGPLQLVWUDWLRQ +LHU VWDQGHQ GLH %HK|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lOOLJNHLWGHV)DKU]HXJVNDPLKPUHFKW(UKDWWHHLQHUHFKWJHQDXH9RUVWHOOXQJGDYRQZLH VLFKGLH'LQJHYRQKLHUDQHQWZLFNHOQZUGHQXQGVHLQ3ODQEDXWHGDUDXIGD7LIIORUV:DJHQYRQ MHGHUPDQQRKQH6FKZLHULJNHLWHUNDQQWZHUGHQNRQQWH (UEHWWHWHGHQ%HZXWORVHQDXIGHQUFNZlUWLJHQ6LW]9RUOlXILJEUDXFKWHHUVLFKXPLKQQLFKW]X NPPHUQ'LH6FKRFNZLUNXQJZUGHZHQLJVWHQVYLHU6WXQGHQODQJDQKDOWHQ(VJLQJDXI]ZDQ]LJ 8KU ,Q YLHU 6WXQGHQ KDWWH HU VHLQH 9HUDEUHGXQJ LP (GHQKDOO3DUN ,Q GHU =ZLVFKHQ]HLW JLQJ HV GDUXPGDGLH+lVFKHULKQQLFKW]XIDVVHQEHNDPHQ (U JOLWW DXV GHU 7LHIJDUDJH KHUDXV XQG UHLKWH VLFK LQ GHQ 6WUDHQYHUNHKU HLQ 'LH ,QQHQVWDGW ZDU QDKH]X WDJKHOO HUOHXFKWHW 'LH 6WUDHQ ZDUHQ YROO YRQ )XJlQJHUQ XQG UROOHQGHP 9HUNHKU -XOLDQ ZlKOWH HLQ )DKUW]LHO GDV DP ZHVWOLFKHQ 6WDGWUDQG ODJ XQG EHUOLH HV GHP $XWRSLORWHQ GHQ NU]HVWHQ XQG EHTXHPVWHQ :HJ GRUWKLQ ]X ILQGHQ (U ZDUWHWH ELV GDV )DKU]HXJ GHQ 6WDGWNHUQ KLQWHU VLFK JHODVVHQ KDWWH (UVW GDQQ LQ GHQ UXKLJHUHQZHQLJHUKHOOHUOHXFKWHWHQ6WUDHQGHVlXHUHQ6WDGWULQJVEHJDQQHUVLFKQDFK 9HUIROJHUQXP]XVHKHQ (UEUDXFKWHQLFKWODQJH$XVVFKDX]XKDOWHQ6FKRQQDFKZHQLJHQ0LQXWHQKDWWHHU]ZHL)DKU]HXJH LGHQWLIL]LHUWGLHVLFKGHXWOLFK0KHJDEHQLKPDXIGHQ)HUVHQ]XEOHLEHQ(UlQGHUWHGDV)DKUW]LHO XQG ZlKOWH HLQH $GUHVVH GLH LP 1RUGHQ GHU 6WDGW ODJ 'HU $XWRSLORW UHDJLHUWH VRIRUW XQG EUDFKWH GHQ*OHLWHUGXUFKHLQLJHIDVWXQEHIDKUHQH6HLWHQVWUDHQDXIGLHVGQ|UGOLFKH+DXSWYHUNHKUVDFKVH
'LH EHLGHQ *OHLWHU YHUIROJWHQ -XOLDQV )DKU]HXJ 2KQH =ZHLIHO VWDQGHQ VLH LP )XQNNRQWDNW PLW DQGHUHQ6XFKHLQKHLWHQ%DOGZUGHHUHLQHJDQ]H0HXWHDXIGHQ)HUVHQKDEHQ $OV HU GLH 6WDGW YROOHQGV KLQWHU VLFK JHODVVHQ KDWWH QDKP HU .XUV DXI %D\DQ 7VDJDQ HLQH .OHLQVWDGWZHLWLP1RUGZHVWHQYRQ7HUUDQLD&LW\$QGHU6WDGWVHOEVWODJLKPQLFKWVDEHUGHU:HJ GRUWKLQIKUWHGXUFKGLH1HPHJHWH8XOD%HUJHXQGGRUWKRIIWHHUVLFKVHLQHU9HUIROJHUHQWOHGLJHQ ]X N|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|FKVWH *LSIHO ELV ]X NQDSS GUHLWDXVHQG 0HWHU DXIUDJWHQ DXI GHU 6RKOH HLQHU EUHLWHQ NQVWOLFK DQJHOHJWHQ 6FKOXFKW (WZD LP =HQWUXP GHV %HUJODQGV KRE -XOLDQ GHQ *OHLWHU YRQ GHU 6WUDH DE XQG GLULJLHUWH LKQ LQ |VWOLFKHU 5LFKWXQJ LQ GLH %HUJH KLQHLQ 'LH 9HUIROJHU ZXUGHQ GXUFK VHLQ 0DQ|YHU RIIHQEDU EHUUDVFKW 6LH VFK|VVHQ QRFK HLQHQKDOEHQ.LORPHWHUZHLWHUGLH6WUDHHQWODQJEHYRUVLHKLQWHULKPKHUNDPHQ 'LH 6HNXQGHQ GHU hEHUUDVFKXQJ JDEHQ -XOLDQ GHQ 9RUVSUXQJ GHQ HU EUDXFKWH (V JDE KLHU HLQH *UXSSHHQJ]XVDPPHQVWHKHQGHU%HUJNHJHOGXUFKGHUHQ=HQWUXPHLQHVFKPDOHWLHIHLQJHVFKQLWWHQH 6FKOXFKWIKUWH'LHVH6FKOXFKWZDUDXIDOOHQ.DUWHQYHUPHUNW'LH9HUIROJHUZUGHQVLFKDOVRDXV LKUHQ8QWHUODJHQHLQZDQGIUHLEHUGLH*HRJUDSKLHGLHVHU*HJHQGLQIRUPLHUHQN|QQHQ $OV -XOLDQ LQ GLH 6FKOXFKW HLQGUDQJ ZDU NHLQ HLQ]LJHV 3RVLWLRQVOLFKW GHU 9HUIROJHU ]X VHKHQ (U ZDUVLFKHUGDVLHLKQWURW]GHPQLFKWDXVGHQ$XJHQYHUOLHUHQZUGHQ:DKUVFKHLQOLFKKDWWHPDQ IU GLH 9HUIROJXQJ )DKU]HXJH DXVJHZlKOW GLH EHU 2UWHUHLQULFKWXQJHQ YHUIJWHQ (U OLH GHQ *OHLWHUPLWEHDFKWOLFKHU*HVFKZLQGLJNHLWLQ GLH 6FKOXFKW KLQHLQVFKLHHQ XP JHJHQEHU GHQ +l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lOVWHQZDUEUDFKWHHUGDV)DKU]HXJ]X%RGHQ,QDOOHU(LOHEXJVLHUWH HU GHQ %HZXWORVHQ DXV GHP :DJHQ XQG YHUEDUJ LKQ LQ HLQLJHU (QWIHUQXQJ LQ HLQHP XQEHUVLFKWOLFKHQ *HZLUU YRQ )HOVHQ 'DQQ NHKUWH HU ]XP *OHLWHU ]XUFN XQG OHJWH VLFK DXI GHQ UFNZlUWLJHQ 6LW] GLH $XJHQ JHVFKORVVHQ VR GD HU QXU GXUFK HLQHQ VFKPDOHQ 6FKOLW] EOLFNHQ NRQQWH XQG GHQ UHFKWHQ $UP QDFK GHU $UW HLQHV %HZXWORVHQ EHU GLH 6LW]NDQWHQ KLQDEEDXPHOQ ODVVHQG1LHPDQGNRQQWHDXIGHQHUVWHQ%OLFNHUNHQQHQGDGLHEDXPHOQGH+DQGHLQHQ6FKRFNHU KLHOW (U EUDXFKWH QLFKW ODQJH ]X ZDUWHQ 'DV VXPPHQGH *HUlXVFK HLQHV 0RWRUV NDP GLH 6FKOXFKW HQWODQJ -XOLDQ K|UWH ZLH GDV )DKU]HXJ HLQH =HLWODQJ LQ GHU /XIW YHUKLHOW 'DQQ IODPPWH HLQ 6FKHLQZHUIHU DXI XQG WDXFKWH GLH )HOVZLOGQLV LQ JUHOOHV /LFKW JOFNOLFKHUZHLVH MHGRFK QLFKW ELV GRUWKLQ ZR GHU DQGHUH 7LIIORU YHUERUJHQ ODJ 'DQQ HUVW NDP GDV )DKU]HXJ QlKHU XQG VHW]WH GHP *HUlXVFKQDFK]XXUWHLOHQHWZD]ZDQ]LJ0HWHUYRQ-XOLDQV*OHLWHUHQWIHUQWDXI 'DVQlFKVWHZDVHUK|UWHZDUHQYRUVLFKWLJWDSSHQGH6FKULWWH=ZHL0DQQ+DWWHGDV)DKU]HXJQXU ]ZHL0DQQ%HVDW]XQJ"'DVNDPLKPXQZDKUVFKHLQOLFKYRU6LHQlKHUWHQVLFKGHP*OHLWHU]|JHUQG -XOLDQ VDK LKUH 6FKDWWHQ DXI GDV 6HLWHQIHQVWHU IDOOHQ 6LH PXWHQ OlQJVW EHPHUNW KDEHQ GD GDV YRUGHUH/XNRIIHQVWDQG ª'HU)DKUHULVWZHJ©K|UWHHUHLQHQGHUEHLGHQVDJHQ ª'DOLHJWMHPDQGDXIGHP5FNVLW]©ULHIGHUDQGHUHHUUHJW 'HUHUVWHYHUJHZLVVHUWHVLFK$XVVFKPDOHQ$XJHQVFKOLW]HQVDK-XOLDQ]ZHL*HVLFKWHUGLHVLFKDQ GHU6FKHLEHSODWWGUFNWHQ
ª'HU/RUGPDUVFKDOO© ª2EHUHVZLUNOLFKLVW"© ª1DWUOLFK(ULVWGRFKEHZXWORV© (LQHU GHU EHLGHQ OLHI GDYRQ 1DFK HLQHU :HLOH NDP HU PLW HLQHP GULWWHQ 0DQQ ]XUFN -HW]W HUVW ZDU -XOLDQ EHUHLW ]X JODXEHQ GD HU GLH JHVDPWH %HVDW]XQJ GHV YHUIROJHQGHQ )DKU]HXJV YRU VLFK KDWWH (U YHUKLHOW VLFK UHJORV DOV GDV /XN JH|IIQHW ZXUGH (UVW DOV GLH GUHL 0lQQHU VLFK EHU LKQ EHXJWHQXPLKQEHKXWVDPLQV)UHLH]X]LHKHQKREHUGLHUHFKWH+DQGPLWGHP6FKRFNHU6LHVDKHQ GLH%HZHJXQJDEHUGLHXQJQVWLJH3RVLWLRQLQGHUVLHVLFKEHIDQGHQJDELKQHQNHLQH0|JOLFKNHLW UDVFKJHQXJ]XUHDJLHUHQ %HZXWORVVDQNHQVLHDOOHGUHL]X%RGHQ 'LHQlFKVWHQ0LQXWHQZDUHQIU-XOLDQYROOKHNWLVFKHU$NWLYLWlW(UVFKDIIWHGLHGUHL%HZXWORVHQ LQ GDV )DKU]HXJ GHV 'LNWDWRUV 'HQ HLQHQ DXI GHP 9RUGHUVLW] SRVWLHUWH HU DXIUHFKW VR GD HU DXV QLFKWDOO]XJHULQJHU(QWIHUQXQJJHVHKHQGHQ(LQGUXFNHLQHVQRUPDOHQ*OHLWHUSDVVDJLHUVHUZHFNWH 'DQQ WUXJ HU GHP $XWRSLORWHQ DXI GHQ 5FNZHJ QDFK 7HUUDQLD&LW\ ]X ILQGHQ XQG VFKOLHOLFK EHIDKO HU LKP GXUFK GHQ 'UXFN GHU HQWVSUHFKHQGHQ *HVFKZLQGLJNHLWVZDKOWDVWH GLH 5FNIDKUW PLW K|FKVWP|JOLFKHP7HPSR]XEHZlOWLJHQ 1DFKGHPHUGDV/XNJHVFKORVVHQKDWWHKREGDV)DKU]HXJDE(VVFKZHEWHHLQSDDU6HNXQGHQODQJ UHJORV EHU GHP %RGHQ GHU 6FKOXFKW GDQQ ZHQGHWH HV XQG JOLWW LQ GLH 5LFKWXQJ DXV GHU HV JHNRPPHQ ZDU :HQLJH $XJHQEOLFNH VSlWHU ZDUHQ GLH EHLGHQ 3RVLWLRQVODPSHQ LQ GHU 1DFKW YHUVFKZXQGHQXQGGDV*HUlXVFKGHV0RWRUVYHUKDOOWHLQGHU)LQVWHUQLV -XOLDQZDUWHWH'LH+l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lQQHUGLHQDFKLKUHU$QVLFKWLPPHUQRFKLQGHU6FKOXFKWVWDNHQNPPHUWHVLHQLFKW -XOLDQ NOHWWHUWH LQ GHQ OHHUHQ *OHLWHU GHU YRQ ZHVHQWOLFK XQDXIIlOOLJHUHP bXHUHQ ZDU DOV GDV )DKU]HXJGDVHUELVODQJEHQXW]WKDWWHXQGPDQ|YULHUWHHVYRUVLFKWLJDQGLH6WHOOHKHUDQDQGHUHU GHQ DQGHUHQ 7LIIORU YHUVWHFNW KDWWH (U OXG GHQ %HZXWORVHQ DXI XQG QDKP .XUV QDFK 6GHQ 8QEHKHOOLJWYHUOLHHUGLH6FKOXFKWXQGHUUHLFKWHQDFKZHQLJHQ0LQXWHQGLHJURH$XWRVWUDHGLH LKQQDFK7HUUDQLD&LW\]XUFNEUDFKWH (V JLQJ DXI 0LWWHUQDFKW (V ZDU =HLW GD HU VLFK DQ GHQ 2UW GHV 6WHOOGLFKHLQV EHJDE $XI GHQ 6WUDHQGHU6WDGWDFKWHWHHUVRUJIlOWLJGDUDXIREHUYHUIROJWZHUGHDEHUHVJDENHLQHUOHL$Q]HLFKHQ GDIU'DVZDUQLFKWYHUZXQGHUOLFK'DGLH9HUIROJHUGHQEHZXWORVHQ*URDGPLQLVWUDWRUDQ%RUG GHVDQGHUHQ)DKU]HXJVYHUPXWHWHQZUGHQVLHLKPWDWHQORVIROJHQELVHVLUJHQGZR]XU5XKHNDP (VPRFKWH0RUJHQZHUGHQELVVLHKHUDXVIDQGHQGDVLHHLQHU)LQWHDXIJHVHVVHQZDUHQ 8QJHKLQGHUW HUUHLFKWH -XOLDQ GLH QRUGZHVWOLFKH (LQIDKUW ]XP (GHQKDOO3DUN (U EHUQDKP GLH 6WHXHUXQJGHV)DKU]HXJVDOVGHU$XWRSLORWGXUFKHLQURWHV/HXFKW]HLFKHQ]XHUNHQQHQJDEGDHU QLFKWPHKUZHLWHUNRQQWHXQGHUUHLFKWHHWZD]HKQ0LQXWHQYRU0LWWHUQDFKWGLH7HQVLQJ*RUJH(U IXKUDQGHU6FKOXFKWHQWODQJELV]XGHP3XQNWDQGHPHUYRU7DJHUGHQ8QIDOOLQV]HQLHUWKDWWH(U IXKUVHKUODQJVDPXQG©KDWWHNHLQH 0KHDQ]XKDOWHQDOVYRULKPDXVGHP'XQNHOSO|W]OLFKHLQHVFKODQNH*HVWDOWHUVFKLHQ (U|IIQHWHGDV/XN ª6LHPVVHQGDV)DKU]HXJYHUVWHFNHQ©VDJWH'DK\Dª:LUVLQGEHUHLW© -XOLDQEXJVLHUWHGHQ*OHLWHUWLHIHULQGLH)HOVPDVVHQKLQHLQ(UIDQGHLQ9HUVWHFNLQGHPPDQGDV )DKU]HXJHUVWEHLHLQHULQWHQVLYHQ6XFKDNWLRQHQWGHFNHQZUGH%HLP$XVVWHLJHQEHPHUNWHHUGD GHU DQGHUH 7LIIORU VLFK ]X UKUHQ EHJDQQ (U VFKDOWHWH GHQ 6FKRFNHU DXI JHULQJH /HLVWXQJ XQG YHUDEUHLFKWH GHP 'LNWDWRU HLQH ]ZHLWH 'RVLV GLH LKQ IU GLH 'DXHU YRQ ZHLWHUHQ ]ZHL 6WXQGHQ
DXHU*HIHFKWVHW]HQZUGH 'DQQNOHWWHUWHHUEHUGLH)HOVHQKLQDE]XP)DKUZHJZR'DK\DDXILKQZDUWHWH ª,Q GHU 6WDGW PDFKW VHLW ]ZHL 6WXQGHQ GDV *HUFKW GLH 5XQGH GD GHU /RUGPDUVFKDOO YHUVFKZXQGHQVHL©VDJWHVLHª+DEHQ6LHGDPLW]XWXQ"© ª-D©DQWZRUWHWHHUNQDSS(VODJLKPQLFKWGDUDQVHLQH*HVFKLFKWHMHW]WVFKRQ]XHU]lKOHQ'D]X ZDU=HLWEHYRUHUXQWHUGDV3DUDFKURQ)HOGWUDW ª'LH $SSDUDWXU LVW IHUWLJ© IXKU 'DK\D IRUW ª:HGHU %XOO\ QRFK LFK YHUVWHKHQ YLHO YRQ GHU 3DUDFKURQ3K\VLN$EHUXQVHU:LVVHQVFKDIWOHUYRP'LHQVWLVWHLQ)DFKPDQQDXIGLHVHP*HELHW(U NHQQW ,KUH %H]XJVHEHQH DXV PHLQHU 6FKLOGHUXQJ XQG JODXEW GD HU 6LH LQ XQPLWWHOEDUH 1lKH EULQJHQ NDQQ 9LHOOHLFKW VLQG GDQDFK QRFK HLQ RGHU ]ZHL .RUUHNWXUVFKULWWH HUIRUGHUOLFK DEHU GDV PVVHQZLU,KQHQEHUODVVHQ© ª6LHKDEHQPHKUIUPLFKJHWDQDOVLFKYHUQQIWLJHUZHLVHYRQ,KQHQHUZDUWHQNRQQWH©DQWZRUWHWH -XOLDQPLWHLQHU6WLPPHGHUHUQXUPLW0KH)HVWLJNHLW]XJHEHQYHUPRFKWHª(VJLEWZDKUKDIWLJ QLFKWVZRIU6LHVLFK]XHQWVFKXOGLJHQEUDXFKWHQ,P*HJHQWHLOLFKELQHV© ª6FKRQ JXW© XQWHUEUDFK VLH LKQ XQG OHJWH LKP GDEHL GLH +DQG DXI GHQ $UP ª:LU PVVHQ KLHU QDFKOLQNVDEELHJHQ© 6LHIKUWHLKQDXIHLQHPVFKPDOHQ3IDGLQGDV*HZLUUGHU)HOVHQKLQHLQ6WHOOHQZHLVHPXWHQVLH PKVDPEHUZLOGDXIJHWUPWH6WHLQEURFNHQKLQZHJNOHWWHUQ6FKOLHOLFKVDKHQVLHXQWHUVLFKHLQH NOHLQH6HQNXQJHLQHQ0LQLDWXUWDONHVVHOGHUULQJVXPYRQVWHLODXIVWUHEHQGHQ)HOVHQHLQJHVFKORVVHQ ZXUGH ,Q GHU 7LHIH GHU 6HQNH EUDQQWH HLQ VFKZDFKHV /LFKW -XOLDQ VDK ]ZHL 0lQQHU GLH QHEHQ HLQHP KDVWLJ DXIJHZRUIHQHQ /RFK VWDQGHQ 'DQHEHQ JOLW]HUWHQ GLH $SSDUDWH GHV 3DUDFKURQ 0HFKDQLVPXV (U NOHWWHUWH PLW 'DK\D KLQDE 'LH EHLGHQ 0lQQHU VDKHQ DXI DOV VLH VLH NRPPHQ K|UWHQ -XOLDQ HUVFKUDN'HUbOWHUHGHUEHLGHQZDU5HJLQDOG%XOODEHUZDVIUHLQ5HJLQDOG%XOO(UZLUNWHZLH HLQDOWHU0DQQREZRKOLKQGHU$NWLYDWRUGHQHUWUXJGRFKDP$OWHUQKLQGHUWH9RQ1DWXUDXVQLFKW PHKU DOVPLWWHOJURVDK HUDXVDOV VHLHULP /DXIH GHU-DKU]HKQWH JHVFKUXPSIW 'DVNDPZHLOHU HLQHYRUEHUJHEHXJWH+DOWXQJHLQQDKPDOVVHLGLH/DVW]XVFKZHUGLHLKPDXIGHQ6FKXOWHUQUXKWH (UUHLFKWH-XOLDQGLH+DQG(LQVFKZHUGHILQLHUEDUHU$XVGUXFNYRQ7UDXHUXQG(QWVDJXQJODJDXI VHLQHP*HVLFKW ª,FK VHKH ,KQHQ DQ GD 6LH HLQHQ lQGHUQ ]X VHKHQ HUZDUWHWHQ© VDJWH HU PLW ODQJVDPHU 6WLPPH ª:RKOGHP5HJLQDOG%XOODXI,KUHU%H]XJVHEHQHGHU,KQHQDOV9RUELOGGLHQWH© -XOLDQULVLFK]XVDPPHQ'HP0DQQZDUQLFKWJHKROIHQZHQQHU0LWOHLG]HLJWH ª,Q$QEHWUDFKWGHV/RVHVGDV6LHLQGLHVHP8QLYHUVXPWUDI©VDJWHHUIHVWªNDQQLFKQLFKWXPKLQ 6LH]XEHZXQGHUQ© %XOO\ODFKWHNXU]GDQQZLHVHUDXIGLH*HUlWH ª6LH VHKHQ HV LVW DOOHV EHUHLW :LU KDEHQ HLQH GHU +DXSWOHLWXQJHQ DQJH]DSIW GLH KLHU GXUFK GHQ 8QWHUJUXQG ODXIHQ XP ,KQHQ GLH Q|WLJH (QHUJLH ]X EHVRUJHQ 'HU 3URMHNWRU GRUW NDQQ DXIJHVWHOOW ZHUGHQ ZR LPPHU 6LH LKQ KDEHQ ZROOHQ 'HU :DQGOHU LVW SUl]LVH HLQJHVWHOOW XQG GDV DOOHV YHUGDQNHQZLUXQVHUHP*HQLHYRP'LHQVW© (UZLHVOlFKHOQGDXIGDVOHW]WH0LWJOLHGGHU*UXSSH-XOLDQIDWHGHQ0DQQLQV$XJHXQGVWXW]WH :R KDWWH HU GLHVHV *HVLFKW VFKRQ HLQPDO JHVHKHQ" 2GHU QLFKW JHQDX GLHVHV HLQ lKQOLFKHV" 'HU 0DQQVWUHFNWHLKPHEHQIDOOVGLH+DQGHQWJHJHQ ª:DULQJHU©VDJWHHU ª*HRIIU\"© 'HUMXQJH0DQQVFKWWHOWHWUDXULJGHQ.RSI ª1HLQGHUKDWGLH5HYROXWLRQYRU]ZHLKXQGHUW-DKUHQQLFKWEHUOHEW,FKELQVHLQ8UHQNHO© -XOLDQ VFKZLHJ %LWWHUNHLW VWLHJ LQ LKP DXI 'LH %OWH GHU 0HQVFKKHLW GDV DNNXPXOLHUWH :LVVHQ JHQLDOHU SROLWLVFKHU XQG ZLVVHQVFKDIWOLFKHU )KUXQJVNUlIWH ZDU GHP NUDQNKDIWHQ (KUJHL] GHV 7\UDQQHQJHRSIHUWZRUGHQ:HOFKHLQ8QJHKHXHUZDUGHU0DQQGHUDXIGLHVHU:HOWVHLQHQ1DPHQ WUXJ ª,FKKDEH,KQHQHWZDVPLWJHEUDFKW©VDJWH-XOLDQª(LQ*HVFKHQNVR]XVDJHQGDVVLFKKRIIHQWOLFK
QLFKW ]XP 'DQDHUJHVFKHQN HQWZLFNHOQ ZLUG 6LH ILQGHQ HV LQ GHP )DKU]HXJ GDV LFK KLHU LQ GHU 1lKHYHUVWHFNWKDEH9HUVlXPHQ6LHQLFKWHVVLFKZHQLJVWHQVDQ]XVHKHQ7XQ6LHGDVLQQHUKDOEGHU QlFKVWHQ6WXQGHVRQVWLVWHV]XVSlW© 6LHIUDJWHQQLFKWZDVHVZDUDEHUHUNRQQWH'DK\DDQGHQ$XJHQDEOHVHQGDVLHDKQWHZRUXP HVVLFKKDQGHOWH(VEHUXKLJWHLKQ]XK|UHQGDGLH9RUEHUHLWXQJHQIUGHQ3DUDFKURQ7UDQVSRUWLQ DOOHU +HLPOLFKNHLW DEJHZLFNHOW ZRUGHQ ZDUHQ 6HOEVW ZHQQ GHU 'LNWDWRU HLQHV 7DJHV HUIDKUHQ ZUGH GD LKP VHLQ 'RSSHOJlQJHU PLW +LOIH GHV 3DUDFKURQ(IIHNWHV HQWNRPPHQ ZDU EOLHE LKP GRFKYHUERUJHQZHUVHLQH+HOIHUJHZHVHQZDUHQ 'HU 3URMHNWRU ZDU LQVWDOOLHUW :DULQJHU ]HLFKQHWH HLQ 2YDO DXI GHQ %RGHQ GDV GHQ 8PUL GHV 3DUDFKURQ)HOGHVEH]HLFKQHWH-XOLDQWUDWKLQHLQ ª/HEHQ6LHZRKO©VDJWHHUDOV:DULQJHUYRUGHPNOHLQHQ6FKDOWNDVWHQQLHGHUNQLHWHXQGGLH+DQG DXIGHQ6FKDOWHUOHJWH 0HKU EUDFKWH HU QLFKW KHUYRU (LQ ZUJHQGHV *HIKO KLHOW VHLQH .HKOH XPVFKQUW (U VDK 'DK\D GLH+DQGKHEHQ3O|W]OLFKVFKRLKPHLQ*HGDQNHGXUFKGHQ.RSI (U KDWWH 7LIIORU GHQ 'LNWDWRU LQ LKUH +DQG JHJHEHQ 'DV EHGHXWHWH GD VLH HLQH (QWVFKHLGXQJ WUHIIHQ PXWHQ 6LH OLHHQ LKQ HQWZHGHU JDQ] LQ 5XKH XQG HQWIHUQWHQ VLFK EHYRU HU ]X VLFK NDP RGHUVLHZUGHQJH]ZXQJHQVHLQLKQ]XW|WHQ'HQQDOV*HLVHOZDUHUQXUHLQHEHVFKUlQNWH=HLWYRQ 1XW]HQ 8QG VREDOG VLH LKQ IUHLOLHHQ ZUGH HU *HOHJHQKHLW ILQGHQ VLFK ]X UlFKHQ JDQ] JOHLFKJOWLJZHOFKH9HUHLQEDUXQJHQHU]XYRUPLWLKQHQJHWURIIHQKDWWH (U VDK 'DK\D DXI 5HJLQDOG %XOO HLQUHGHQ 'HU OHW]WH (LQGUXFN GHQ HU PLW VLFK QDKP ZDU GLH JULPPLJH(QWVFKORVVHQKHLWLQ%XOO\V$XJHQ'DZXWHHUGDGLH(QWVFKHLGXQJJHIDOOHQZDU 'HU'LNWDWRUZUGHVWHUEHQ 'LH 6WHOOH ZDU IDVW GLH JOHLFKH 5HFKWV XQG OLQNV WUPWHQ VLFK )HOVHQ XQG DOV HU HLQ 6WFN ZHLW NOHWWHUWH VDK HU XQWHU VLFK GHQ )DKUZHJ GHU DQ GHU 7HQVLQJ*RUJH HQWODQJIKUWH $EHU HV ZDU KHOOLFKWHU7DJ (LQZHQLJlQJVWOLFKVFKULWWHUGHQ:HJHQWODQJ]XP|VWOLFKHQ3DUNDXVJDQJ(UIUFKWHWHVLFKYRU GHU hEHUUDVFKXQJ GLH LKP DOV QlFKVWH EHYRUVWDQG 'LHV ZDU GDV YLHUWHPDO GD HU LQ HLQH :HOW KLQHLQJHVFKOHXGHUW ZXUGH YRQ GHU HU QLFKW ZXWH ZLH VLH LKQ DXIQHKPHQ ZUGH (U WUXJ HLQH 8QLIRUP GLH GHU GHU 6RODUHQ )ORWWH lKQHOWH QXU GDV 5DQJDE]HLFKHQ GHU VLHEHQ]DFNLJH 6WHUQZDU HWZDVGDVHVDXIVHLQHU%H]XJVHEHQHQLFKWJHJHEHQKDWWH'LHUHFKWH7DVFKHEHXOWHVLFKXQWHUGHP *HZLFKWGHV%ODVWHUVGHQHUQLFKWZDJWHLP+ROVWHU]XWUDJHQZHLOHVDXIGHU:HOWGLHHUNDQQWH QLFKWEOLFKZDULQGHUgIIHQWOLFKNHLWEHZDIIQHWKHUXP]XODXIHQ(UEOLHEVWHKHQVFKQDOOWHGDVOHHUH +ROVWHUDEXQGZDUIHVZHJ 'HU 3DUN ZDU OHHU (V PXWH IUK DP 0RUJHQ VHLQ $XV GHU )HUQH K|UWH HU GDV 6XPPHQ GHV 9HUNHKUVGHUGLH6WUDHQGHUJURHQ6WDGWHUIOOWH(UQDKPVLFK=HLW (UJLQJODQJVDPXQGGDVNDPLKP]XJXWHGHQQHUKDWWHVHLWEHU]ZDQ]LJ6WXQGHQNHLQ%HWWPHKU JHVHKHQXQGGHUYHUJDQJHQH7DJZDUDQVWUHQJHQGJHZHVHQ(U]RJGLH-DFNHDXVXQGQHVWHOWHGLH EHLGHQ DXIIlOOLJHQ 6WHUQH YRQ GHQ 6FKXOWHUNODSSHQ /LHEHU JDU NHLQ 5DQJDE]HLFKHQ DOV HLQHV GDV GLH /HXWH QXU ]XP *DIIHQ YHUDQODVVHQ ZUGH (U ]RJ GLH -DFNH ZLHGHU DQ XQG VFKOHQGHUWH ZHLWHU (LQHLQVDPHU)XJlQJHUEHJHJQHWHLKPVFKHQNWHLKPMHGRFKNHLQHUOHL%HDFKWXQJ 8QG GDQQ VFKOLHOLFK VWDQG HU DP 2VWDXVJDQJ GHV 3DUNHV XQG YRU LKP ODJ GLH VXPPHQGH EUDXVHQGH6WDGWGHUHUVLFKVWHOOHQPXWH(UQDKPVLFK=HLWVLH]XEHWUDFKWHQ$OOHVZDUVRZLHHU HVLQ(ULQQHUXQJKDWWH$EHUGDVEHVDJWHQLFKWV$XFKDXI7LIIORUVGHV7\UDQQHQ%H]XJVHEHQHZDU HV VFKRQ VR JHZHVHQ (U IROJWH PLW GHP $XJH GHP 9HUODXI GHU 6WUDHQ GLH VLFK DXI GHP JURHQ 3ODW] YRU GHP 3DUNHLQJDQJ NUHX]WHQ -HGH .XUYH MHGH :LQGXQJ MHGH 6WUDHQEXFKW ZDU LKP EHNDQQW
6HLQ %OLFN ILHO DXI HLQ JURHV 7UDQVSDUHQW DXI GHP LQ ULHVLJHQ /HXFKWOHWWHUQ LQ UHJHOPlLJHQ $EVWlQGHQ GLH OHW]WHQ 7DJHVQDFKULFKWHQ YHUNQGHW ZXUGHQ 'HU 0DJHQ YHUNUDPSIWH VLFK XQZLOONUOLFK DOV HU VLFK DQ GDV 7UDQVSDUHQW HULQQHUWH DXI GHP HU GLH 1HXLJNHLW YRQ ªHLQHP GHU EHGHXWHQGVWHQ (UHLJQLVVH GHV -DKUHV © JHOHVHQ KDWWH (U ZDUWHWH ELV GDV ULHVLJH $JJUHJDW ]XP /HEHQHUZDFKWH'DV+HU]EHJDQQ]XSRFKHQDOVHUGLHHUVWHQ:RUWHODV +(87($0-81, 'DV ZDU GHU 7DJ EHYRU HU LQ GLH )DOOH JLQJ XQG GXUFK GDV 3DUDFKURQ)HOG DXI 6DNKPR&KDQV %H]XJVHEHQHJHVFKOHXGHUWZXUGH *5266( (5(,*1,66( :(5)(1 ,+5(1 6&+$77(1 925$86 62/$50$56&+$// 7,))/25 :,5' h%(5025*(1 925 '(0 3$5/$0(17 %($175$*(1 '$66 ',( 62/$5( )/277( '(0 6(<0$5/8&+2:*(6(7= 1,&+7 817(5:25)(1 :,5' /,%(5$/( 6(1$725(1 81' 9g/.(55$769(575(7(5 .h1',*(1 +()7,*(1 :,'(567$1'$1 (LQHQ $XJHQEOLFN ODQJ ZXUGH HV LKP VFKZDU] YRU GHQ $XJHQ $EHU HU ILQJ VLFK ZLHGHU :LH XQJODXEOLFK QDKH ZDU HU VHLQHU%H]XJVHEHQH JHNRPPHQ $XI GLHVHU :HOW OHEWH HLQ DQGHUHU -XOLDQ 7LIIORUHLQ6RODUPDUVFKDOOGHUVLFKDQVFKLFNWHGDVVHOEH]XWXQZDVHUVLFKLQGHP8QLYHUVXPLQ GHP HU NDP DXFK YRUJHQRPPHQ KDWWH (V JDE HLQ 3DUODPHQW (V JDE OLEHUDOH 6HQDWRUHQ XQG 0LWJOLHGHU GHV 9|ONHUUDWHV XQG GHPQDFK ZDKUVFKHLQOLFK DXFK VROFKH GLH DOV NRQVHUYDWLY EH]HLFKQHW ZXUGHQ 'LH /LEHUDOHQ VSUDFKHQ JHJHQ 7LIIORUV 9RUVFKODJ GLH 6RODUH )ORWWH YRP (LQIOXEHUHLFKGHV6H\PDU/XFKRZ*HVHW]HVDXV]XQHKPHQGLH.RQVHUYDWLYHQGDIU 'LHVZDUHLQHIUHLH:HOW)UHLZLHGLHVHLQHGLHHUYRUHLQHU(ZLJNHLWZHQLJVWHQVNDPHVLKPVR YRU YHUODVVHQ KDWWH 1RFK KDOE EHQRPPHQ YRQ GHU EHWlXEHQGHQ (UNHQQWQLV JLQJ HU DXI HLQH 5XIVlXOH ]X XQG YHUODQJWH HLQHQ 0LHWZDJHQ (U PXWH ZHJ YRQ KLHU IRUW DXV GHP EUDXVHQGHQ *HGUlQJH GHU 6WDGWPLWWH ZHJ DQ HLQHQ HLQVDPHQ UXKLJHQ 2UW ZR HU QDFKGHQNHQ NRQQWH 'HU IDKUHUORVH 0LHWZDJHQ KLHOW XQPLWWHOEDU YRU LKP (U VWLHJ HLQ (V NDP LKP JDU QLFKW GHU *HGDQNH GDVHLQH,'.DUWHDXIGLHVHU:HOWZRP|JOLFKQLFKWDN]HSWLHUWZHUGHQZUGH(UVWHFNWHVLHLQGHQ 6FKOLW]GLH$XWRPDWLNJDEVLHLKP]XUFNXQGHUNXQGLJWHVLFKQDFKGHP)DKUW]LHO ª0HQDK V6WHDN+RXVH©DQWZRUWHWHHUJHLVWHVDEZHVHQG 'DV )DKU]HXJ VHW]WH VLFK LQ %HZHJXQJ (V GDXHUWH HLQLJH 0LQXWHQ ELV HU VHLQHQ )HKOHU HLQVDK 0HQDK V6WHDN+RXVHZDUREZRKOLQGHU1lKHGHU6WDGWPLWWHJHOHJHQLQGHU7DWHLQUXKLJHU3ODW] DQ GHP PDQ XQJHVW|UW QDFKGHQNHQ NRQQWH $EHU HV ZDU JOHLFK]HLWLJ HLQHV VHLQHU /LHEOLQJVORNDOH :HQQGHU7LIIORUGLHVHU:HOWGLHVHOEHQ1HLJXQJHQKDWWHZUGHPDQLKQGRUWVRIRUWHUNHQQHQ ª=LHOlQGHUXQJ©VDJWHHU]XGHP$XWRSLORWHQªgVWOLFKHV6WDGWHQGH6XQULVH%RXOHYDUG)UHGGLH V )XQ)RRG© 'HU$XWRSLORWJHKRUFKWH(UZDUGDUDQJHZ|KQWGDVHLQH)DKUJlVWHLKUH$EVLFKWHQlQGHUWHQ 'LH)DKUWGDXHUWHIDVWHLQHKDOEH6WXQGH$XIGHQ8KUHQGHU6WDGWKDWWH-XOLDQJHOHVHQGDHVDXI QHXQ 8KU JLQJ (U ULFKWHWH VHLQH HLJHQH GDQDFK )UHGGLH V )XQ )RRG VWDQG QRFK JHQDXVR ZLH YRU QHXQ -DKUHQ DOV HU ]XP OHW]WHQPDO GDJHZHVHQ ZDU )UHGGLH EUVWHWH VLFK GDPLW GD HV LQ VHLQHP 5HVWDXUDQW NHLQHQ HLQ]LJHQ 5RERWHU JlEH 'DV ZDU JHVFKZLQGHOW DEHU GLH *lVWH NRQQWHQ )UHGGLH QLFKWEHUIKUHQGHQQGLHHLQ]LJHQ5RERWHUGLHHUEHVDKLHOWHQVLFKLQGHU.FKHDXIXQGNDPHQ GHU.XQGVFKDIWQLHPDOV]X*HVLFKW 8P GLHVH =HLW ZDUHQ GLH YLHOHQ NOHLQHQ 5lXPH GHV 5HVWDXUDQWV IDVW OHHU -XOLDQ IDQG RKQH 6FKZLHULJNHLW HLQHQ 3ODW] DQ HLQHP GHU )HQVWHU GLH EHU GLH 6WHSSH KLQDXVEOLFNWHQ 6SLHOHULVFK VFKDOWHWH HU GLH 6SHLVHNDUWH HLQ XQG OLH GDV UHLFKKDOWLJH $QJHERW EHU GHQ NOHLQHQ %LOGVFKLUP DEUROOHQRKQHZLUNOLFK]XOHVHQZDVHUVDK (LQ .HOOQHU QlKHUWH VLFK VHLQHP 7LVFK HLQ NOHLQHU VWlPPLJHU 0DQQ YRQ JOlQ]HQG VFKZDU]HU +DXWIDUEH ª6LHKDEHQVFKRQJHZlKOW6LU"©HUNXQGLJWHHUVLFKK|IOLFK -XOLDQEHVWHOOWHHLQ*HWUlQN(UZDUQLFKWKXQJULJ'HU.HOOQHUEOLHEVWHKHQ ª1RFKHWZDV"©IUDJWH-XOLDQLUULWLHUW
ª6LUYHU]HLKHQ6LH©VWDPPHOWHGHUGLHQVWEDUH*HLVWªVLQG6LHQLFKWHWZD"© ª1HLQLFKELQVHLQ6RKQ©DQWZRUWHWH-XOLDQNXU]DQJHEXQGHQ ª6HLQ6RKQ"©VWDXQWHGHU$IURWHUUDQHUª,FK ZXWH JDUQLFKW GD HU ZR GHU 0DQQGRFK JDU QLFKW© ª0HLQHQ6LHYLHOOHLFKWHUVHLDXV+RO]"©IUDJWH-XOLDQ 'HU .HOOQHU PXUPHOWH HLQ SDDU :RUWH LQ HLQHU 6SUDFKH GLH -XOLDQ QLFKW YHUVWDQG GDQQ HLOWH HU GDYRQ 'LH JU|WH 6FKZLHULJNHLW EHL GHU %HXUWHLOXQJ VHLQHV 3UREOHPV IDQG -XOLDQ ZDU GDV PHQVFKOLFKH 9RUXUWHLOJHJHQEHUGHP%HJULII=HLW'LH3DUDFKURQ3K\VLN OHKUWHGDHVGLH=HLWLQGHU1DWXUQLFKWJDE6LHZDUHLQ+LOIVPLWWHOHLQH0RGHOOYRUVWHOOXQJGLH GHU GHQNHQGH 0HQVFK VLFK ]XUHFKWJHPDFKW KDWWH XP VLFK LQ VHLQHU 8PZHOW OHLFKWHU ]XUHFKW]XILQGHQ,P$OOWDJKDWWHVLFKGHU=HLWEHJULIIVHLW-DKUKXQGHUWWDXVHQGHQWUHIIOLFKEHZlKUW(U OLHGHQ0HQVFKHQ=XVDPPHQKlQJHYHUVWHKHQGLHLKPDQGHUQIDOOVXQEHJUHLIOLFKJHEOLHEHQZlUHQ 'LH3DUDFKURQ3K\VLNOHKUWHGDHVHLQHULHVLJHDEHUHQGOLFKH=DKOYLHUGLPHQVLRQDOHU8QLYHUVHQ JHEH GLH LQ LKUHU *HVDPWKHLW LQ HLQHQ IQIGLPHQVLRQDOHQ .RVPRV HLQJHODJHUW VHLHQ -HGHV 8QLYHUVXPZDUGXUFKHLQHEHVWLPPWH$QRUGQXQJYRQ(OHPHQWDUEDXVWHLQHQEHUGLH]XU9HUIJXQJ VWHKHQGHQ(OHPHQWDUEDXVWHOOHQJHNHQQ]HLFKQHW(VJDEHLQ8QLYHUVXPLQGHPVlPWOLFKH0DWHULH]X HLQHP ULHVLJHQ .OXPSHQ YHUHLQLJW ZDU (V JDE HLQ DQGHUHV LQ GHP VLH JOHLFKPlLJ XQG PLW GHU 'LFKWH LQWHUVWHOODUHQ *DVHV EHU GDV JDQ]H 8QLYHUVXP DXVJHEUHLWHW ZDU (V JDE HLQ 8QLYHUVXP GHVVHQ3ODQHWHQQXUYRQKXPDQRLGHQ,QWHOOLJHQ]HQEHY|ONHUWZDUHQXQGHLQDQGHUHVLQGHPHVQXU LQWHOOLJHQWH)U|VFKHJDE(V JDE HLQ 8QLYHUVXPLQGHPMHGHU 0HQVFKZLHHLQ(EHQELOG .DUOVGHV *URHQ ZLUNWH XQG HLQ DQGHUHV LQ GHP HV QXU ]ZHL 6RUWHQ YRQ 0HQVFKHQ JDE (EHQELOGHU YRQ *HRUJH:DVKLQJWRQXQGVROFKHYRQ'VFKLQJLV.KDQ-HGHGHQNEDUH.RPELQDWLRQZDUYHUZLUNOLFKW (LQ 8QLYHUVXP ZDU YRQ GHQ DQGHUHQ GXUFK 8QWHUVFKLHGH GHU IQIGLPHQVLRQDOHQ SRWHQWLHOOHQ (QHUJLH JHWUHQQW -H JHULQJHU GHU 8QWHUVFKLHG GHVWR ªlKQOLFKHU© GHVWR ªQlKHU© ZDUHQ ]ZHL 8QLYHUVHQ HLQDQGHU $XIJUXQG GHU SDUDFKURQLVFKHQ 7KHRULH OLH VLFK HLQ 0DQLPDOXQWHUVFKLHG GHILQLHUHQ DOVR GHU JHULQJVWH $EVWDQG GHU JHULQJVWH *UDG GHU 8QlKQOLFKNHLW ]ZLVFKHQ ]ZHL 8QLYHUVHQ 'HUhEHUJDQJYRQHLQHP8QLYHUVXPLQVDQGHUHHUIROJWHGXUFK$XIEULQJHQRGHU$EVRUELHUHQGHV (QHUJLHEHWUDJV GHU GLH EHLGHQ 8QLYHUVHQ YRQHLQDQGHU WUHQQW %HL GHP PLW :DKUQHKPXQJVYHUP|JHQ DXVJHVWDWWHWHQ /HEHZHVHQ DOVR QLFKW QXU EHL LQWHOOLJHQWHQ *HVFK|SIHQ ZLUGGLHVHU$XIEULQJXQJVRGHU$EVRUSWLRQVSUR]HLP XQGYRP%HZXWVHLQYROO]RJHQZREHLGHU%HJULII%HZXWVHLQVRGHILQLHUWVHLQPXGDHUQLFKW QXU GDV LQWHOOLJHQWH %HZXWVHLQ VRQGHUQ DXFK GDV 'DKLQGlPPHUQ HLQHV SULPLWLYHQ 2UJDQLVPXV XPIDW'HU0HQVFK]XP%HLVSLHODEHUDXFKGHU(LQ]HOOHUZDQGHUWLP/DXIHVHLQHV/HEHQVGXUFK HLQH XQJODXEOLFK JURH $Q]DKO HLQDQGHU XQPLWWHOEDU EHQDFKEDUWHU 8QLYHUVHQ 8P VLFK GLHVHQ 3UR]HVHOEVWGHXWOLFK]XPDFKHQHUIDQGHUGHQ%HJULIIGHU=HLW(UHUVHW]WHGDV1HEHQHLQDQGHUGHU YHUVFKLHGHQHQ3DUDOOHOXQLYHUVHQGXUFKGDV1DFKHLQDQGHUVHLQHU(UOHEQLVVHXQG(LQGUFNH 'LH 3DUDFKURQ7KHRULH KlOW HV IU P|JOLFK REZRKO GLHVHU )UDJHQNRPSOH[ QLFKW LQ LKUHQ )DFKEHUHLFK IlOOW GD HV LQ DQGHUHQ 8QLYHUVHQ :HVHQ JLEW GHUHQ =HLWHPSILQGHQ JHQDX DQGHUVKHUXPDEOlXIW:HVHQDOVRGLHGHQ$XJHQEOLFNGHV7RGHVDOVHUVWHQEHZXWHUOHEHQXQGVLFK GDQQ GXUFK GLH YHUVFKLHGHQHQ 6WXIHQ GHV 'DVHLQV ELV ]X GHP $XJHQEOLFN HQWZLFNHOQ LQ GHP VLH IDOOV HV VLFK XP 6lXJHWLHUH KDQGHOW DXV GHP 0XWWHUOHLE KHUYRUGULQJHQ ZREHL GHU *HEXUWVSUR]H GHUOHW]WH(LQGUXFNZLUGGHQVLHLQLKUHP/HEHQDXIQHKPHQ $EHU GDV ZDU EODVVH 7KHRULH :LFKWLJ ZDU IU -XOLDQ 7LIIORU GD HU VLFK ZHQQ HU VHLQ 3UREOHP O|VHQ ZROOWH YRP =HLWGHQNHQ EHIUHLHQ PXWH (V ZDU QLFKW ORJLVFK ]X VDJHQ 'X ELVW ]X IUK JHNRPPHQGHQQKHXWHLVWHUVWGHU-XQLXQGGHUDQGHUH7LIIORUZLUGHUVWPRUJHQIUKYRQGLHVHU :HOW YHUVFKZLQGHQ (V ZDU YLHOPHKU ULFKWLJ IHVW]XVWHOOHQ 'X ELVW QLFKW LQ GHP 8QLYHUVXP JHODQGHWGDVGXVXFKVW'HQQLQGHPJHVXFKWHQ8QLYHUVXPVWHKWGHU=HLJHUGHU8KUDXIPHKUDOV 8KUDP-XQL 'LHVHV 8QLYHUVXP ODJ GHP VHLQHQ QDKH (U ]ZHLIHOWH GDUDQ GD VHOEVW GLH NRPSOL]LHUWHVWH
SV\FKRSK\VLVFKH FKHPLVFKH RGHU SK\VLNDOLVFKH $SSDUDWXU HLQHQ 8QWHUVFKLHG ]ZLVFKHQ LKP XQG GHPKLHUKHLPLVFKHQ-XOLDQ7LIIORUHUNHQQHQN|QQWH7URW]GHPZDUHVQLFKWVHLQ8QLYHUVXP(UZDU KLHUHEHQVRKHLPDWORVZLHDXIGHU%H]XJVHEHQH7LIIORUVGHV7\UDQQHQDXIGHU:HOW'U6DERQQHV XQGLQ6DNKPR&KDQV:HOW(UPXWHZHLWHUXQGMHVFKQHOOHUHUVLFKZLHGHUDXIGHQ:HJPDFKWH GHVWR HKHU ZDU HU YRQ GHU )XUFKW EHIUHLW GLH LKQ MHGHVPDO EHUILHO ZHQQ HU LQ HLQHP QHXHQ 8QLYHUVXPODQGHWH *HJHQGUHL]HKQ8KUEH]DKOWH-XOLDQVHLQH=HFKHZREHLHUIUGHQVFKZDU]HQ.HOOQHUGHUVLFKYRQ VHLQHP(UVWDXQHQEHUGLH([LVWHQ]HLQHV6RKQHVGHVHZLJHQ-XQJJHVHOOHQ7LIIORULPPHUQRFKQLFKW JDQ] HUKROW KDWWH HLQ JHK|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|UHQ JHZHVHQ 'DV .RQWUD KDWWHQ GLH ,QLWLDWRUHQ GHV *HVHW]HV GLH 9|ONHUUDWVUHSUlVHQWDQWHQ6H\PDUXQG/XFKRZYHUWUHWHQ -XOLDQVXFKWHGDV6WDGWEURGHU 7HUUD1HZVDXI(VJDEGRUW HLQHQ5DXPGHVVHQ5FNZDQGYRQ HLQHP PlFKWLJHQ %LOGVFKLUP HLQJHQRPPHQ ZXUGH :HU DXFK LPPHU /XVW XQG =HLW KDWWH NRQQWH YRQGHU6WUDHKLHUKHUHLQNRPPHQXPVLFKGDV3URJUDPPDQ]XVHKHQ-XOLDQEHNDP]XPHUVWHQPDO DXVHUVWHU+DQGHLQHQ(LQGUXFN YRQGHP,QWHUHVVH GDV GLH%HY|ONHUXQJ IU GDV 6H\PDU/XFKRZ 3UREOHP HPSIDQG 2EZRKO HU PHKU DOV GUHLLJ 0LQXWHQ YRU %HJLQQ GHU 6HQGXQJ HLQWUDI ZDU GHU 5DXP VFKRQ IDVW ELV DXI GHQ OHW]WHQ 6LW] JHIOOW (U IDQG PLW 0KH XQG 1RW HLQHQ 3ODW] LQ HLQHU (FNH ZDV LKP LP *UXQGH JDU QLFKW VR XQUHFKW ZDU GHQQ HU KDWWH NHLQH /XVW GDV *HUFKW YRQ 7LIIORUV 6RKQ XQQ|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lUXQJ GLH 6HQDWRU 3H\URQGHO DE]XJHEHQ SODQWH ZDU LKP YRUKHU ]XJHOHLWHW ZRUGHQ 3H\URQGHO ZDU DOV HUVWHUDQGHU5HLKH'HU0RGHUDWRUVWHOOWHLKQDOVHLQHQEHNDQQWHQNRQVHUYDWLYHQ3ROLWLNHUYRUGHU LQGHUYRUOLHJHQGHQ)UDJHJDQ]XQGJDUDXIGHU6HLWHGHV6RODUPDUVFKDOOVVWHKH3H\URQGHOJDEVHLQH (UNOlUXQJDEXQGVRZHLW-XOLDQVLFKHULQQHUWHVWLPPWHVLHZRUWJHWUHXPLWGHQ8QWHUODJHQXQWHUHLQ GLHDXIGHUDQGHUHQ%H]XJVHEHQHMHW]WQRFKLUJHQGZRDXIVHLQHP6FKUHLEWLVFKOLHJHQPXWH $OV QlFKVWHU ZDU 6H\PDU GUDQ 6H\PDU KLHU ZLH GRUW HLQ XQWHUVHW]WHU 0HQVFK PLW HLQHP HWZDV VFKZDPPLJHQ *HVLFKW XQG PLWUDXLVFK EOLFNHQGHQ $XJHQ HUNOlUWH XPVWlQGOLFK ZDUXP HU HV IU XQHUOlOLFKKLHOWGDDXFKGLH6RODUH)ORWWHLQGHQ:LUNXQJVEHUHLFKGHV6H\PDU/XFKRZ*HVHW]HV HLQEH]RJHQZXUGH'LH$UJXPHQWHZDUHQQLFKWQHX-XOLDQKDWWHVLHVFKRQ|IWHUVJHK|UW0LWVWHWLJ ZDFKVHQGHU6SDQQXQJZDUWHWHHUDXIGHQ$XJHQEOLFNDQGHPHUVHOEVW]X:RUWNRPPHQVROOWH $OVHVVRZHLWZDUZROOWHLKPGDV%OXWVWRFNHQ:HQQHUVFKRQEHLP$QEOLFNGHV'LNWDWRUV7LIIORU IU ZHQLJH 6HNXQGHQ GHQ (LQGUXFN JHKDEW KDWWH HU VWHKH VLFK VHOEVW JHJHQEHU VR ZXUGH GLHVHV *HIKO DQ 'HXWOLFKNHLW XQG (LQGULQJOLFKNHLW QRFK EHL ZHLWHP EHUWURIIHQ 0LW *HZDOW ZROOWH VLFK LKPGLHhEHU]HXJXQJDXIGUlQJHQGDHUKLHUHLQHQ$EVFKQLWWDXVHLQHP)LOPVHKHLQGHPHUVHOEHU PLWJHZLUNW KDWWH HU VHOEHU QLFKW GHU 7LIIORU GLHVHV 8QLYHUVXPV 1XU PLW 0KH ]ZDQJ HU VHLQ %HZXWVHLQ GLH :LUNOLFKNHLW ]X]XHUNHQQHQ XQG ]X]XJHVWHKHQ GD GLHVHU 7LIIORU GRUW HLQ DQGHUHU ZDU DOV HU RGHU GRFK ZHQLJVWHQV GD GDV :HVHQ -XOLDQ 7LIIORU DXI GLHVHU :HOW LQ ]ZHL ZDKUVFKHLQOLFKLGHQWLVFKHQ([HPSODUHQH[LVWLHUH 8QG GDQQ NDP GHU $XJHQEOLFN LQ GHP HU HLQHQ $WHP]XJ ODQJ QDFK :RUWHQ JHVXFKW KDWWH (U
HULQQHUWH VLFK (V ZDU LKP SO|W]OLFK HLQJHIDOOHQ YRQ GHP JHSODQWHQ 7H[W DE]XZHLFKHQ (U KDWWH ZlKUHQGHUVSUDFKHLQ]XJNUlIWLJHUHV$UJXPHQWJHIXQGHQXQGYHUORUHLQHQ$XJHQEOLFNGHQ)DGHQ ZlKUHQGHUYHUVXFKWHHVLQGHQORJLVFKHQ)OXVHLQHU'DUVWHOOXQJHLQ]XIOHFKWHQ $WHPORV VDK -XOLDQ GHQ 0DQQ DXI GHP %LOGVFKLUP GLH )LQJHU GHU UHFKWHQ +DQG DXI GLH 6FKUHLEWLVFKSODWWH JOHLWHQ 'LH )LQJHU VFKLHQHQ ]X VXFKHQ 'HU 0DQQ VXFKWH LPPHU QRFK QDFK :RUWHQ ª,FKPHLQHGDPLW©K|UWH-XOLDQLKQVDJHQªGDlK© 'LH)LQJHUHUJULIIHQHLQHQ6FKUHLEVWLIWXQGKREHQLKQDXI'LH$XJHQGHV0DQQHVZDUHQDXIGHQ 6WLIWJHULFKWHWDOVHUZHLWHUVSUDFK ª(LQHPLOLWlULVFKH,QVWDOODWLRQLFKPHLQH,QVWLWXWLRQ© 'DZDUHV-XOLDQ]XYLHObFK]HQGHUKREHUVLFKYRQVHLQHP6LW]XQGWDXPHOWHQDFKGUDXHQ /HXWHZXUGHQDXILKQDXIPHUNVDP ª,VW,KQHQQLFKWZRKO"© (UVFKWWHOWHGHQ.RSI ª'RFKGRFK©PXUPHOWHHUªDOOHVLQ2UGQXQJ© (UKDWWHGLH+DQGDXIGHU6WLUQZLHMHPDQGGHULQWHQVLYHQ.RSIVFKPHU]HPSIDQG'HU8QWHUDUP YHUGHFNWH]XP7HLOVHLQ*HVLFKW8QGGRFKK|UWHHUMHPDQGVDJHQ ª$EHUGDVLVWGRFKLVWGDVQLFKW"© (UHLOWHKLQDXVDXIGLH6WUDH=ZDQ]LJ0HWHUZHLWHUVWDQGHLQOHHUHU0LHWZDJHQDQHLQHU5XIVlXOH (UOLHGDV/XNDXIIDKUHQXQGVFKZDQJVLFKKLQHLQ(VZDUXQIDEDU(UHULQQHUWHVLFKVRGHXWOLFK DOV VHL HV JHVWHUQ JHZHVHQ DQ GHQ *HGDQNHQEOLW] GHU LKP ZlKUHQG VHLQHU $XVIKUXQJHQ YRU GHU )HUQELOGNDPHUD GXUFK GHQ 9HUVWDQG JHVFKRVVHQ ZDU DQ VHLQ %HPKHQ GHQ QHXHQ *HGDQNHQ PLW VHLQHQ:RUWHQ]XYHUTXLFNHQ$QGLHZHQLJHQ6HNXQGHQGHU8QVLFKHUKHLWLQGHQHQHUQLFKWJH QDX ZXWH ZDV HU VDJHQ VROOWH $Q GHQ KLOIORVHQ QHUY|VHQ *ULII QDFK GHP 6FKUHLEVWLIW XQG VFKOLHOLFKDQGHQ9HUVSUHFKHU,QVWDOODWLRQDQVWHOOHYRQ,QVWLWXWLRQ (V ZDUDOOHV ELV DXI GLH NOHLQVWH %HZHJXQJ ELV DXI GDV ZLQ]LJVWH 'HWDLO VR JHZHVHQ ZLH HU HV HEHQJHVHKHQKDWWH'HU0DQQDXIGHP%LOGVFKLUPXQGHUVLHZDUHQHLQVQXUXP]ZDQ]LJ6WXQGHQ JHJHQHLQDQGHUYHUVFKREHQ(UN|QQWHMHGHU]HLWGLH6WHOOHGHV0DQQHVHLQQHKPHQGHQHUVRHEHQLP )HUQVHKHQEHREDFKWHWKDWWH(UNDQQWHMHGHQVHLQHU*HGDQNHQXQGZXWHDOOHVHLQH$EVLFKWHQ (VZDUIUFKWHUOLFK (VZXUGHLKPEHZXWGDGHU$XWRSLORWVHLWHLQLJHU=HLWDXILKQHLQUHGHWH(UVFKREGLH,'.DUWH LQ GHQ 6FKOLW] XQG LGHQWLIL]LHUWH VLFK $OV GHU $XWRPDW LKQ QDFK GHP )DKUW]LHO IUDJWH NDP LKP SO|W]OLFK HLQH ,GHH =HKQ 0LQXWHQ VSlWHU VHW]WH LKQ GDV )DKU]HXJ YRU HLQHP ULHVLJHQ 6HOEVWEHGLHQXQJVNDXIKDXV DE -XOLDQ VWHOOWH VLFKHLQH QHXH0RQWXU ]XVDPPHQ 6LH VROOWH EXQW VHLQ XQG HLQ ZHQLJ PDUNWVFKUHLHULVFK VR GD QLHPDQG LKQ GDKLQWHU YHUPXWHWH =X VHLQHU QHXHQ $XVVWDWWXQJJHK|UWHHLQJURHUZHLFKHU+XWGHVVHQ.UHPSHGDV*HVLFKW]XU+lOIWHYHUGHFNWHXQG HLQH 6RQQHQEULOOH PLW ULHVLJHQEXQWHQ *OlVHUQ (U VXFKWHHLQH 8PNOHLGHNDELQH DXI XQG HQWOHGLJWH VLFKGHU8QLIRUPGLHHUVHLWGHQ7DJHQDXIGHU:HOWGHV7\UDQQHQWUXJXQGEHUJDEVLHGHP0OO =XVHLQHUQHXHQ0RQWXUKDWWHHUDXFKHLQH8PKlQJHWDVFKHHUVWDQGHQLQGHUHUGHQ%ODVWHUYHUEDUJ GHQHUELVODQJLQGHU+RVHQWDVFKHKHUXPJHWUDJHQKDWWH 'DQQPDFKWHHUVLFKDXIGHQ:HJ]XU6RODU+DOOGHP3DUODPHQWVJHElXGH(VGUlQJWHLKQGDQDFK HLQH GHU ZLFKWLJVWHQ 6WlWWHQ VHLQHV :LUNHQV ]X EHVXFKHQ DOV )UHPGHU DOV =XVFKDXHU DOV HLQ 1HXJLHULJHU GHU YRQ GHU 6WUDH KHUHLQJHNRPPHQ ZDU XP ]X VHKHQ ZLHGLH /HXWH DUEHLWHWHQ GLH VHLQ XQG VHLQHU 0LWEUJHU 5HFKW YRU GHP JHVHW]JHEHQGHQ *UHPLXP GHV 6RODUHQ ,PSHULXPV YHUWUDWHQ (U ZROOWH GLH /XIW GHU 6LW]XQJVVlOH DWPHQ XQG GHQ .ODQJ VHLQHU 6FKULWWH DXI GHQ :DQGHOJlQJHQK|UHQ (U ZXWH QLFKW ]X VDJHQ ZDV LKQGD]X WULHE :DU HV GHU :XQVFK GLH YHUWUDXWH 8PJHEXQJ QRFK HLQPDO]XVHKHQ EHYRU HU GLH QlFKVWH (WDSSH VHLQHU 5HLVH DQWUDW" 2GHU GLH 1HXJLHUGH GDUDXI ZLH HU DXI GLH 8PJHEXQJUHDJLHUHQZUGHZLHVHKUHUVLFKGRUW]X+DXVHIKOWH"(UJDEVHLQH7UDJWDVFKHEHLGHU 5RERWDXIEHZDKUXQJ LQ GHU JURHQ (LQJDQJVKDOOH DE XQG VFKOR VLFK HLQHU *UXSSH YRQ ]ZDQ]LJ
3HUVRQHQ DQ IU GLH VRHEHQ HLQH )KUXQJ EHJDQQ 9RQ GHQ 7ULEQHQ DXV ]HLJWH PDQ LKP GLH 6LW]XQJVVlOHGHV9|ONHUUDWVXQGGHV6HQDWVXQGGLHZHLWDXVJU|HUHGLHHLJHQWOLFKH6RODU+DOOQDFK GHUGDVJDQ]H*HElXGHVHLQHQ1DPHQKDWWHLQGHU6HQDWXQG9|ONHUUDWEHLJURHQ$QJHOHJHQKHLWHQ JHPHLQVDP WDJWHQ 9RQ GD DXV JLQJ HV GXUFK EUHLWH *lQJH DQ GHQ %URV GHU 6HQDWRUHQ XQG 9|ONHUUDWVUHSUlVHQWDQWHQ YRUEHL -XOLDQ VDK PDQFKHV EHNDQQWH *HVLFKW DEHU QLHPDQG DFKWHWH DXI LKQGHQPHUNZUGLJJHNOHLGHWHQ0DQQPLWGHUJURHQ6RQQHQEULOOH $OOPlKOLFKEHJDQQHUVLFK]XHQWVSDQQHQ'HU=DXEHUGHQHUHUZDUWHWKDWWHEOLHEDXV*HZLHU NDQQWH VLFK KLHU DXV XQG LQ PDQFKHQ 'LQJHQ KlWWH HU GHQ )KUHU GHU ODXWKDOV XQG PLW SRPS|VHU 6WLPPH (UNOlUXQJHQ DEJDE YHUEHVVHUQ N|QQHQ $EHU GDV )OXLGXP GHV 'D]XJHK|UHQV GLH PDJLVFKH $Q]LHKXQJVNUDIW GHV =XKDXVHVHLQV EOLHEHQ DXV 'LHV ZDU QLFKW VHLQH :HOW (U PXWH ZHLWHU(VJDEHLQHQ3ODW]DQGHQHUJHK|UWHDEHUGHUZDUQLFKWKLHU 1XU HLQ HLQ]LJHV 0DO ZXUGH HU VWXW]LJ 'DV ZDU DOV HU DXV GHU 7U HLQHV %URV HLQHQ 0DQQ KHUYRUWUHWHQ VDK GHQ HU ]X NHQQHQ JODXEWH 'HU 0DQQ EOLHE XQWHU GHU 7U VWHKHQ XQG OLH GLH *UXSSHGHU1HXJLHULJHQYRUEHLZREHLHUVLHPLWVS|WWLVFKHPEHUKHEOLFKHP%OLFNPXVWHUWH'DQQ ZDQGWH HU VLFK LQ GLH HQWJHJHQJHVHW]WH 5LFKWXQJ -XOLDQ VDK LKP QDFK RKQH VLFK HULQQHUQ ]X N|QQHQZRKHUHULKQNDQQWH'DQQZDUIHUHLQHQ%OLFNDXIGLH/HXFKWVFKULIWQHEHQGHU7U /%(1.,$16(<0$5$'0,1,675$725,78*$//$ :HQLJH0LQXWHQVSlWHUJHOHLWHWHGHU)KUHUGLH1HXJLHULJHQ]XUFN]XU(LQJDQJVKDOOHXQGHQWOLH VLH $OVGLH6RQQHVDQNULHIHU'DK\DDQ(UNRQQWHVLFKGDVHUODXEHQ(UZXWHGD-XOLDQ7LIIORUDQ GLHVHP7DJHVREHVFKlIWLJWZDUGDHUNHLQH=HLWKDWWH'DK\DHLQHQ%HVXFKDE]XVWDWWHQ ª'X"©ULHIVLHEHUUDVFKWXQGHUIUHXW]XJOHLFKª,FKGDFKWHGXKlWWHVWNHLQH=HLW"© (UPDFKWHHLQEHOHLGLJWHV*HVLFKW ª1XQZHQQGXPLFKQLFKWKDEHQZLOOVW© ª5HGNHLQHQ4XDWVFK©IXKUVLHLKQNDPSIHVOXVWLJDQ-HW]WHUVWILHOLKUVHLQH.OHLGXQJDXIª0HLQH *WHZLHKDVWGXGLFKKHUJHULFKWHW"© ª8QLIRUPPGLJNHLW©JULQVWHHUª:LHVWHKW VPLWHLQHU$XGLHQ]"© ª-HGHU]HLW+HUU6RODUPDUVFKDOO© 0LQXWHQ VSlWHU VD HU LKU LQ HLQHP EHTXHPHQ 6HVVHO JHJHQEHU LQ GHU +DQG HLQ *ODV PLW HUIULVFKHQGHP&RFNWDLO3XQVFKXQGKDWWHEHJRQQHQLKUVHLQHXQJODXEOLFKH*HVFKLFKWH]XHU]lKOHQ 1LFKWGLHGLHHUZLUNOLFKHUOHEWKDWWHVRQGHUQHLQHGLHHUVLFKDXVJHGDFKWKDWWH ª,FK ELQ EHU]HXJW GD 6H\PDU XQG /XFKRZ QLFKW WDWHQORV GDUDXI ZDUWHQ ZHUGHQ ZDV GLH EHUPRUJLJH 'HEDWWH EULQJW© IDWH HU VHLQH $UJXPHQWH ]XVDPPHQ ª6LH ZHUGHQ VLFK DE]XVLFKHUQ YHUVXFKHQXQGGLHEHVWH6LFKHUXQJEHVWHKWIUVLHGDULQGDVLHPLFKDXILUJHQGHLQH$UWXQG:HLVH DXVVFKDOWHQ© 6LH ZDU DQIlQJOLFK YHUZLUUW $EHU VLH ZDU HEHQVR HLQH lXHUVW NOXJH )UDX XQG EHJULII UDVFK GD VHLQH%HVRUJQLVEHJUQGHWZDU ª*HJHQNRQYHQWLRQHOOH$WWHQWDWHELQLFKDXVUHLFKHQGJHVFKW]W©IXKUHUIRUWª$EHU6XQG/VLQG IRUWVFKULWWOLFK GHQNHQGH %XUVFKHQ GDKHU PX LFK PLW GHU 0|JOLFKNHLW HLQHV 3DUDFKURQ$QVFKODJV UHFKQHQ,FKP|FKWHPLFKGDJHJHQVLFKHUQRKQHGDMHPDQGYRQPHLQHQ0DQDKPHQHUIlKUW©(U OlFKHOWHVLHDQª$QGLHVHU6WHOOHNRPPVWGXLQV6SLHO© (UHUNOlUWHLKUZDVHUEUDXFKWH(VZDUGLHVHOEH/LVWHGLHHUGHP5HIHUHQWHQGHV0LQLVWHULXPVIU :LVVHQVFKDIWDXI6DERQQHV:HOWXQG'DK\DDXIGHU%H]XJV HEHQHGHV7\UDQQHQDXIJHJHEHQKDWWH'DK\DQDKPVLH]XVLFK ª,FKQHKPHDQGXKDVWHVHLOLJ©VDJWHVLH (UQLFNWH$OVVLHDXIVWDQGXQGGLFKWDQLKPYRUEHLJHKHQZROOWHKLHOWHUVLHIHVWXQGIJWHKLQ]X ª$EHUQLFKWVRHLOLJ© 6LH JOLWW ZLOOLJ LQ VHLQH $UPH ,Q GHU 8PDUPXQJ YHUJLQJHQ GLH 6RUJHQ GLH LKQ ELV YRU ZHQLJHQ 6HNXQGHQQRFKEHGUFNWKDWWHQYHUIOFKWLJWHVLFKGLH8QUXKHGLHVHLW7DJHQLQLKPOHEWHXQGLKQ ]XHLQHP*HKHW]WHQPDFKWH(UYHUORUGHQ6LQQIUGLH=HLW$OV'DK\DVLFKVDQIWYRQLKPEHIUHLWH ILHOVHLQ%OLFNDXIGLH8KU
1RFK]ZHL6WXQGHQELV0LWWHUQDFKW ª,FKPDFKHPLFKMHW]WDXIGHQ:HJ©VDJWH'DK\Dª6WDQNRZLUGPLUKHOIHQ]XEHVRUJHQZDVGX EUDXFKVW© (UQLFNWH6WDQNRZDUHLQHKHPDOLJHV)DNWRWXPGHU)DPLOLH3HWUDVFKGDVLQ7HUUDQLD&LW\VHLQHQ /HEHQVDEHQGYHUEUDFKWH'DK\DZDUVHLWHKXQGMH6WDQNRV/LHEOLQJJHZHVHQ6LHEUDXFKWHQXU]X ZLQNHQXQGHUJHKRUFKWH(VZUGHLKPQLFKWVDXVPDFKHQVHLQH1DFKWUXKHIU'DK\D]XRSIHUQ $XHUGHPZDUHUVFKZHLJVDPZHQQPDQHVYRQLKPYHUODQJWH ª,FKELQQLFKWVLFKHU©VDJWH-XOLDQªRELFKKLHUVHLQZHUGHZHQQGX]XUFNNRPPVW©(UOlFKHOWH ª,QGLHVHU=HLWGHU.ULVHKDVWGXHLQHQJHIlKUOLFKDEOHQNHQGHQ(LQIOXDXIPHLQH'HQNYRUJlQJH© ª0HLQH DQJHERUHQH (LWHONHLW© DQWZRUWHWH VLH ªQLPPW GLHVH )HVWVWHOOXQJ DOV .RPSOLPHQW XQG EHGDQNWVLFKGDIU0DFKGLU VEHTXHPXQGHQWVFKHLGHGLFKZLHGXHVIUULFKWLJKlOWVW© 8QWHUGHU7UQDKPHUVLHQRFKHLQPDOLQGLH$UPH6LHHQWZDQGVLFKLKPODFKHQGDEHUHUKLHOW LKUHUHFKWH+DQGIHVW6LHYHUVXFKWHVHLQHP*ULII]XHQWNRPPHQ'DEHLVWUHFNWHVLHGHQ$UPXQG VHLQ%OLFNEOLHEZLHJHEDQQWDXIGHU]DUWHQ+DXWGHU$UPEHXJHKDIWHQ 'LH+DXWZDUUHLQXQGYRQPDNHOORVHU)DUEH1LFKWHLQH6SXUYRQ8QUHLQKHLWNHLQH6SXUYRQGHP 0DOGDV]XHQWIHUQHQVLHVLFKVRKDUWQlFNLJJHZHLJHUWKDWWH (UKDWWHLKUH+DQGORVJHODVVHQ XQGVLH ZDUJHJDQJHQ RKQHVHLQH %HVWU]XQJ ]X EHPHUNHQ:LH EHQRPPHQKDWWHHUDXIGLH7UJHVWDUUWGLHVLFKKLQWHULKUVFKOR 'HU8PVFKZXQJZDU]XUDVFKJHNRPPHQ1RFKYRUZHQLJHQ0LQXWHQKDWWHHUVLFKKLHU]X+DXVH JHIKOW 1RFK YRU HLQ SDDU $XJHQEOLFNHQ KDWWH LKQ HLQH :lUPH HUIOOW JHJHQ GLH GLH 8QUXKH GHU YHUJDQJHQHQ7DJHQLFKWDXINRPPHQNRQQWH-HW]WZDUHUZLHGHUHLQ)UHPGHU'LHVZDUQLFKWVHLQH :HOW $OV RE HV GDUDQ MH HLQHQ =ZHLIHO JHJHEHQ KlWWH XQG GRFK KDWWH HU DOV 'DK\D LQ VHLQHQ $UPHQODJGDUDQ]X]ZHLIHOQEHJRQQHQ(UJHK|UWHQLFKWKLHUKHU'DK\DWUXJGDV0DOQLFKW (UKLHOWHVLQGLHVHU:RKQXQJQLFKWPHKUDXV-HGHV=LPPHUMHGHU:LQNHOHULQQHUWHLKQDQVLH(U PXWHKLQDXVLQV)UHLH(UEUDXFKWHIULVFKH/XIWXQGHLQHQHXWUDOH8PJHEXQJGDPLWGHU9HUVWDQG GDUDQJHKHQNRQQWHGHQ:LUUZDUUGHU(PRWLRQHQ]XRUGQHQGHULQLKPWREWH 2KQH]XZLVVHQZDVHUWDWWUDWHULQGHQ:DQGVFKUDQNLQGHPHUVLFKHLQHNOHLQH(UVDW]JDUGHUREH HLQJHULFKWHWKDWWH6LHNDPLKP]XSDZHQQHUYRQKLHUDXVGLUHNW]XHLQHU%HVSUHFKXQJJHKHQRGHU HLQH DQGHUH )XQNWLRQ ZDKUQHKPHQ PXWH (U VWUHLIWH GLH OlFKHUOLFKH .OHLGXQJ DE GLH HU DP 1DFKPLWWDJ HUZRUEHQ KDWWH XQG OHJWH HLQH 8QLIRUP DQ GLH 8QLIRUP PLW GHQ 5DQJDE]HLFKHQ GHV 6RODUPDUVFKDOOV $XIGHP$OO]ZHFN7HUPLQDOKLQWHUOLHHU'DK\DHLQH%RWVFKDIW %,1*(*(16,(%(18+5=85h&. 'DQQJLQJHU (V JLQJ DXI 0LWWHUQDFKW 'LH 6WUDHQ GHV :RKQEH]LUNV ZDUHQ XQEHOHEW QXU GDQQ XQG ZDQQ JOLWW QRFKHLQHLQVDPHV)DKU]HXJGLH)DKUEDKQHQWODQJ-XOLDQERJQDFKOLQNVLQHLQHQ3DUNHLQ(UZROOWH GHPKHOOHQ*ODQ]GHU6WUDHQODWHUQHQHQWNRPPHQ(UEUDXFKWH)LQVWHUQLVXPXQJHVW|UWGHQNHQ]X N|QQHQ (UPXWHZHJVRVFKQHOOZLHP|JOLFK(UZUGHGHQ9HUVWDQGYHUOLHUHQZHQQHUQRFKODQJHDXI GLHVHU:HOWEOLHE,KUHbKQOLFKNHLWPLWGHUVHLQHQYHUWUXJVLFKQLFKW PLWGHP6FKPHU]GHQHUMHGHVPDOGDQQHPSIDQGZHQQHUGDUDXIKLQJHZLHVHQZXUGHGDHUWURW] DOOHGHP HLQ )UHPGHU ZDU 'HU :LGHUVWUHLW GHU EHLGHQ (LQGUFNH VFKXI HLQHQ =XVWDQG GHU VHLQ VHHOLVFKHV*OHLFKJHZLFKWHUQVWKDIWEHGURKWH(VZDUDPEHVWHQZHQQHUGLH1DFKWKLHUGUDXHQLP )LQVWHUQ YHUEUDFKWH XQG ]XP YHUDEUHGHWHQ =HLWSXQNW ]X 'DK\D ]XUFNNHKUWH XP UDVFK XQG RKQH $XIHQWKDOW GLH 'LQJH DE]XKROHQ GLH VLH EHVRUJW KDWWH $XI GLHVHU :HOW ZUGH HV QLFKW VFKZLHULJ VHLQHLQHQ2UW]XILQGHQDQGHPHUVLFKGLHQ|WLJH(QHUJLHYHUVFKDIIHQNRQQWH (LQ*HGDQNHVFKRLKPSO|W]OLFKGXUFKGHQ.RSI(UKDWWHVLFKPLWGHU6DFKHJDUQLFKWEHIDW(U KDWWHVLHVHLWGHPYHUJDQJHQHQ1DFKPLWWDJLQGHQ+LQWHUJUXQGVHLQHV%HZXWVHLQVYHUGUlQJWVLHDOV XQZLFKWLJ DEJHWDQ $EHU GDV 8QWHUEHZXWVHLQ KDWWH VLFK PLW LKU EHVFKlIWLJW DQ LKU JHDUEHLWHW XQG ZDUWHWHMHW]WGDHUDPZHQLJVWHQGDUDXIJHIDWZDUPLWHLQHP5HVXOWDWDXI (U ZXWH ZHU GHU 0DQQ JHZHVHQ ZDU GHQ HU ZlKUHQG GHU )KUXQJ GXUFK GLH 6RODU +DOO DXV
6H\PDUV %UR KDWWH NRPPHQ VHKHQ 0RFKWOL <XPDK HKHPDOLJHV 0LWJOLHG GHV 3UHVVHVWDEV LP .RPPDQGR]HQWUXP ,PSHULXP$OSKD YRU ZHQLJHQ -DKUHQ GRUW DXVJHVFKLHGHQ XQG VHLWGHP IUHLHU -RXUQDOLVW OLQNVOLEHUDOHU 3UlJXQJ GHU VLFK LQ MQJVWHU =HLW GDGXUFK KHUYRUJHWDQ KDWWH GD HU GLH 6H\PDU/XFKRZ$NWH DOV GLH EHGHXWHQGVWH (QWZLFNOXQJ VHLW GHU (LQIKUXQJ GHV DOOJHPHLQHQ :DKOUHFKWVSULHV 1DXQG" (UZROOWHGLH(UNHQQWQLVDOVEHODQJORVDEWXQ:DVKDWWHVLHVFKOLHOLFK]XEHVDJHQ"'D<XPDK 6H\PDU XQG /XFKRZ *HVLQQXQJVJHQRVVHQ ZDUHQ ZXWH GLH JDQ]H :HOW :HQ VROOWH HV HUVWDXQHQ GD<XPDK6H\PDULQGHVVHQ%URDXIJHVXFKWKDWWH"8QGGRFKZHLJHUWHVLFK-XOLDQV9HUVWDQGGLH $QJHOHJHQKHLW HLQIDFK IDKUHQ ]X ODVVHQ 'D VWHFNWH QRFK HWZDV GDKLQWHU $XV GHU ]XIlOOLJHQ %HREDFKWXQJLP%URWUDNWGHU6RODU+DOOOLHVLFKPHKUDEOHLWHQDOVVLFKGHPHUVWHQ%OLFNGDUERW *HVHW]WGHQ)DOO6H\PDUXQG/XFKRZKDWWHQZLUNOLFK GLH $EVLFKW -XOLDQ 7LIIORU GXUFK HLQ $WWHQWDW VFKDFKPDWW ]X VHW]HQ *HVHW]W GHQ )DOO GLH *HVFKLFKWH GLH HU 'DK\D HU]l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lQGHUQ RGHU DXV GHP 6WDDWVGLHQVW DXV]XVFKHLGHQ $OV DXIUHFKWHU 5DGLNDOHU KDWWH HU VLFK IU GDV OHW]WHUH HQWVFKORVVHQ (V KDWWH QRFK HLQHQ lKQOLFK JHODJHUWHQ )DOO JHJHEHQXQG]ZDUDQQlKHUQG]XUJOHLFKHQ=HLW:HUZDUGDVJHZHVHQ" -DLP 6HFTXLQ (LQ %HDPWHU GHU 8QWHUDEWHLOXQJ )RUVFKXQJ XQG 7HFKQLN (LQ 0DQQ GHU $GPLQLVWUDWLRQXQGGHQQRFKHLQ([SHUWH]XPLQGHVWDXIGHP*HELHWGHU3DUDFKURQ7KHRULHZHQQ QLFKWGHU3DUDFKURQ3UD[LV:LHKDWWHHUGHQ=XVDPPHQKDQJ]ZLVFKHQ<XPDKXQG6HFTXLQVRODQJH EHUVHKHQ N|QQHQ <XPDK ZDU GHU =ZLVFKHQKlQGOHU GHU 9HUPLWWOHU 6H\PDU XQG /XFKRZ ZDUHQ GLH $XIWUDJJHEHU -DLP 6HFTXLQ GHU $XVIKUHQGH $OV HU DP YHUJDQJHQHQ 1DFKPLWWDJ <XPDK DXV 6H\PDUV %UR WUHWHQ VDK GD KDWWH HU ZDKUVFKHLQOLFK GHQ 0DQQ YRU VLFK JHKDEW GHU VRHEHQ GLH OHW]WHQGHWDLOOLHUWHQ$QZHLVXQJHQIUGLH'XUFKIKUXQJGHV$QVFKODJVHUKDOWHQKDWWHXQGVLFKQXQ DQVFKLFNWHVLHGHP$XVIKUHQGHQGHP(QGJOLHGGHU$WWHQWDWVNHWWH]XEHUPLWWHOQ (LQHVHOWVDPH(UUHJXQJEHUNDP-XOLDQ$XIVHLQHU:HOWZDUGDV$WWHQWDWJHOXQJHQ'RUWKDWWHHV NHLQHQJHJHEHQGHUGLH=XVDPPHQKlQJHUHFKW]HLWLJGXUFKVFKDXWHXQGGHQ$WWHQWlWHUQHLQHQ6WULFK GXUFKGLH 5HFKQXQJ PDFKWH $EHU KLHU" (U NRQQWH VLFK DQ GHQ QlFKVWHQ %LOGVSUHFK KlQJHQ XQG VHLQHQ 'RSSHOJlQJHUDQUXIHQ(UNRQQWHLKQZDUQHQXQGGDGXUFKGHQ$QVFKODJ]XQLFKWHPDFKHQ :DV ZUGH HU VDJHQ" 6H\PDU SODQW GLFK GXUFK HLQ 3DUDFKURQ$WWHQWDW ]X EHVHLWLJHQ (U KDW 0RFKWLO<XPDKGDIUJHZRUEHQXQG<XPDKZLHGHUXP-DLP6HFTXLQ-DGDVNRQQWHHUVDJHQ(U NRQQWHVLFKDXFKGDUEHUDXVODVVHQGD6HFTXLQVLFKZDKUVFKHLQOLFKLQLUJHQGHLQHUYHUVFKZLHJHQHQ (FNH LP QLFKWJHVSHUUWHQ 6HNWRU GHV .RPPDQGR]HQWUXPV HLQJHULFKWHW KDEH XQG GD GLHVH (FNH LQ XQPLWWHOEDUHU 1lKH YRQ 7LIIORUV $UEHLWVUDXP OLHJHQ PVVH 0HKU QRFK (U JODXEWH GHQ 2UW VRJDU JHQDX]XNHQQHQ(VNRQQWHVLFKQXUXPGHQNOHLQHQ6FKDOWUDXPKDQGHOQGHUGLUHNWXQWHUVHLQHP %URODJXQGGHVVHQ7UQXUHLQPDOSUR-DKUYRQHLQHP0DQQGHV,QVWDQGKDOWXQJVWUXSSVJH|IIQHW ZXUGH 'DVDOOHVNRQQWHHUVHLQHP'RSSHOJlQJHUVDJHQXQGGHUNRQQWHKLQJHKHQXQGQDFKVHKHQXQGVLFK GDYRQEHU]HXJHQGDHUUHFKWKDWWH'DPLWZDUGHU$QVFKODJYHUHLWHOW(VJDEQDFKZLHYRU]ZHL -XOLDQ 7LIIORUV DXI GLHVHU :HOW GLH VLFK GXUFK QLFKWV YRQHLQDQGHU XQWHUVFKLHGHQ XQG YRQ GHQHQ HLQHU GDUXP JH]ZXQJHQ ZDU HLQ DQGHUHV 8QLYHUVXP ]X VXFKHQ LQ GHP VLFK GLHVH XQJOFNVHOLJH 'XSOL]LWlWGHU3HUVRQYHUPHLGHQOLH
'D ZDU GRFK HLQ 'HQNIHKOHU LQ VHLQHQ hEHUOHJXQJHQ 'LHVH :HOW ZDU GHU VHLQHQ VR XQJODXEOLFK lKQOLFKGDHVLQGHU1DFKWYRP]XP-XQLDXFKDXIVHLQHU:HOWHLQHQ]ZHLWHQ-XOLDQ7LIIORU JHJHEHQ KDEHQ PXWH GHU YRQ GHP EHYRUVWHKHQGHQ $WWHQWDW ZXWH :DUXP DOVR ZDU HU QLFKW JHZDUQW ZRUGHQ" :DV YHUSIOLFKWHWH LKQ VHLQHP 'RSSHOJlQJHU HLQHQ 'LHQVW ]X HUZHLVHQ GHQ ]X HUZHLVHQVHLQ'RXEOHDXIGHUDQGHUHQ%H]XJVHEHQHVLFKJHZHLJHUWKDWWH" 8QG DXI HLQPDO ILHO HV LKP ZLH HLQ 6FKOHLHU YRQ GHQ $XJHQ (V VSLHOWH QXU HLQH XQWHUJHRUGQHWH 5ROOH RE HU -XOLDQ 7LIIORU ZDUQWH RGHU QLFKW :HQQ HU HV WDW ZUGH HLQHU YRQ LKQHQ EHLGHQ GLHVH :HOWYHUODVVHQPVVHQDEHUGDQLHPDQGVLHYRQHLQDQGHU]XXQWHUVFKHLGHQYHU PRFKWHZDUHVQLFKWHLQPDOVLFKHUREHUHVVHLQZUGHGHU]XJHKHQKDWWH8QGVHOEVWZHQQHUHV ZDU (U EHIDQG VLFK QXQ HLQPDO LP %HUHLFK DOOHUlKQOLFKVWHU %H]XJVHEHQHQ 6HOEVW ZHQQ HV LKP JHODQJ GHQ :DQGOHU VR IHLQ HLQ]XVWHOOHQ GD HV QXU ]XU $XVELOGXQJ HLQHV PLQLPDOHQ 3DUDFKURQIHOGHVNDPVRZUGHHUGRFKLPPHUXQGLPPHUZLHGHUDXIHLQHU:HOWODQGHQDXIGHUHV VFKRQHLQHQ-XOLDQ7LIIORUJDEGHPYRQ6HLWHQGHV$GPLQLVWUDWRUV6H\PDUHLQ$WWHQWDWGURKWH (U HUNDQQWH SO|W]OLFK ZR HU GHQ 'HQNIHKOHU EHJDQJHQ KDWWH ,P %HUHLFK GHU PLQLPDOHQ 8QWHUVFKLHGH NRQQWH LKP GLH 3DUDFKURQ3K\VLN QLFKWV PHKU QW]HQ (U ZDU LQ HLQHQ 7HXIHOVNUHLV JHUDWHQDXVGHPLKQQXUHLQHDQGHUH.UDIWEHIUHLHQNRQQWHGLH.UDIWGHUHLJHQHQ(QWVFKHLGXQJ (LQZLQ]LJHV0DOHLQHNDXPZDKUQHKPEDUH+DXWXQUHLQKHLWVROOWHLKQYRQGLHVHU:HOWYHUWUHLEHQ" :DVIUHLQOlFKHUOLFKHU*HGDQNH(UHULQQHUWHVLFKDQGHQIULVFKHQ'XIWGHUEHU'DK\DV+DXWODJ ZLHHLQXQVLFKWEDUHU6FKOHLHU(UHULQQHUWHVLFKDQGLHDWHPEHUDXEHQGH:HLFKKHLWLKUHU/LSSHQDQ GHQVDQIWHQ'UXFNLKUHU$UPHZHQQVLHLKQDQVLFK]RJ (UZXWHZDVHU]XWXQKDWWH (3,/2* (VZDUVLHEHQ8KUIQIXQGIQI]LJDOVHUGDV*HElXGHEHWUDW'HUDQGHUH7LIIORUZDUMHW]WVFKRQ REHQ LQ GHQ %URUlXPHQ VHLQHV $PWHV XQG IRUVFKWH QDFK RE HV XQWHU VHLQHQ 0LWDUEHLWHUQ ZHOFKH JDEGLHLKPHLQSULYDWHVRGHUDXFKHLQGLHQVWOLFKHV3UREOHPYRU]XWUDJHQKDWWHQ (UKDWWHVLFKQLFKWEHL'DK\DVHKHQODVVHQ6LHZUGHVLFKZXQGHUQZRHUEOLHE'DVDOOHVKDWWH =HLW ELV VSlWHU (U ZUGH LKU HUNOlUHQ ZDV VLH ]X ZLVVHQ EUDXFKWH 0HKU QLFKW (U KDWWH DQ VLFK VHOEVWHUIDKUHQZLHYLHO9HUZLUUXQJGLHDQJHZDQGWH3DUDFKURQ3K\VLNLP%HZXWVHLQ HLQHV0HQVFKHQHU]HXJW(VKDWWHNHLQHQ6LQQDQGHUHXQQ|WLJ]XYHUZLUUHQ 'LH0lQQHUGLHLKPEHJHJQHWHQEHJUWHQLKQIUHXQGOLFK(UGDQNWHPLWOlFKHOQGHP.RSIQLFNHQ ZLH VLH HV YRQ LKP JHZ|KQW ZDUHQ (U VDK HLQLJH OHLFKW YHUZXQGHUWH %OLFNH YRQ /HXWHQ GLH ZXWHQ GD HU VRQVW IUKHU ]X NRPPHQ SIOHJWH RGHU VROFKHQ GLH LKP YRU ZHQLJHQ $XJHQEOLFNHQ VFKRQHLQPDOEHJHJQHWZDUHQRGHUYLHOPHKUVHLQHP'RSSHOJlQJHU$EHUGDVZDUDOOHV1LHPDQG DXHULKPZXWHGDLQGLHVHPULHVLJHQ*HElXGHQLFKWDOOHVVRZDUZLHHVVHLQVROOWH (UIXKUPLWGHP$XI]XJELV]XGHP6WRFNZHUNKLQDXIGDVXQPLWWHOEDUXQWHUVHLQHU(WDJHODJ(U VWHOOWH VLFK LQ *HGDQNHQ YRU ZLH GHU DQGHUH -XOLDQ 7LIIORU LQ GLHVHP $XJHQEOLFN GDV 9RU]LPPHU EHWUDW XQG HLQ SDDU :RUWH PLW GHP GLHQVWKDEHQGHQ 0DMRU ZHFKVHOWH 'LH 8KU ]HLJWH -HW]W VFKULWWEHULKP7LIIORUDXIGLH7U]XVHLQHP$UEHLWV]LPPHU]X6LH|IIQHWHVLFKYRULKP(UWUDWHLQ XQG ZDUI LQ GHU 1lKH GHU 7U VWHKHQEOHLEHQG HLQHQ %OLFN GXUFK GDV ZHLWH )HQVWHU GDV QDFK 1RUGHQXQG1RUGRVWHQKLQGDV*HElXGHJHZLUUGHU6WDGW7HUUDQLD&LW\EHUEOLFNWH 1RFKHLQSDDU6HNXQGHQ 'LH=LIIHUQGHU8KUJOLWWHQDXI/HLVHNOLFNWHQGLH6HNXQGHQGDYRQ-XOLDQZDUDQHLQHU *DQJNUHX]XQJVWHKHQJHEOLHEHQ1LHPDQGEHIDQGVLFKLQVHLQHU1lKHQLHPDQGVDKLKQ-HW]WVHW]WH HUVLFKLQ%HZHJXQJ,QHLQHU1LVFKHEHIDQGVLFKGLHVFKPDOH7UGLHLQGHQNOHLQHQ6FKDOWUDXP IKUWH(VZDUHLQHMHGHUDOWPRGLVFKHQ7UHQGLHPLW+LOIHHLQHU.OLQNHJH|IIQHWZHUGHQPXWHQ(V KDWWH ZHQLJ 6LQQ DQ HLQHU 7U GLH QXU DOOH -DKUH HLQPDO JH|IIQHW ZXUGH HLQHQ NRPSOL]LHUWHQ HOHNWURQLVFKHQ0HFKDQLVPXVDQ]XEULQJHQ
(UGUFNWHGLH.OLQNHXQGVFKREGLH7UYRQVLFK'HU$QEOLFNGHUVLFKLKPERWZDUVRZLHHU LKQ HUZDUWHW KDWWH 9RU LKP NDXHUWH HLQ 0DQQ LKP GHQ 5FNHQ ]XZHQGHQG XQG EHDUEHLWHWH PLW HLQHP0LNURODVHUGLH%HVWDQGWHLOHHLQHU]XU+DOIWHDXVHLQDQGHUJHQRPPHQHQ.RQVROH(UKDWWHGDV gIIQHQGHU7UJHK|UWXQGGUHKWHVLFKODQJ VDPXP,QVHLQHQ$XJHQOHXFKWHWHXQJOlXELJHV(QWVHW]HQ-XOLDQKDWWHGHQ6FKRFNHULQGHU+DQG GHQ HU DXI GHU :HOW GHV 7\UDQQHQ HLQHP GHU 0lQQHU GHV *URDGPLQLVWUDWRUDPWHV DEJHQRPPHQ KDWWH :LH YRQ GHU )HGHU JHVFKQHOOW IXKU 6HFTXLQ LQ GLH +|KH (U VWDPPHOWH XQ]XVDPPHQKlQJHQGH :RUWH ª6LHKDEHQDXIGDVIDOVFKH3IHUGJHVHW]W6HFTXLQ©VDJWH-XOLDQXQGGUFNWHDE 'HU 0DMRU LP 9RU]LPPHU UL GLH $XJHQ DXI DOV -XOLDQ YRQGHU 6HLWH ZR GLH 6WDEVUlXPH ODJHQ HLQWUDW(UVSUDQJDXI ª:LH 6LH GDV NDQQ GRFK QLFKW© VWDPPHOWH HU XQG ZLHV PLW DXVJHVWUHFNWHQ )LQJHUQ DEZHFKVHOQG DXI GLH 7U GXUFK GLH -XOLDQ VRHEHQ JHWUHWHQ ZDU XQG GLH DQGHUH GLH ]X VHLQHP $UEHLWV]LPPHUIKUWHª6LHVLQGGRFKHEHQHUVWGRUWKLQHLQJHJDQJHQ©VSUXGHOWHHUKHUYRUDOVVHLQH 6WLPPZHUN]HXJHZLHGHU]XIXQNWLRQLHUHQEHJDQQHQª:LHN|QQHQ6LHGHQQGDVRSO|W]OLFKYRQGHU DQGHUHQ6HLWH"© -XOLDQOlFKHOWHLKQHQWZDIIQHQGDQ ª,FK IUDJH PLFK RE 6LH PLFK EHPHUNW KlWWHQ© DQWZRUWHWH HU LQ EHUXKLJHQGHP 7RQIDOO ª6LH ZLUNWHQWLHILQ*HGDQNHQYHUVXQNHQDOVLFKKHUDXVNDP© ª$KVR©PDFKWHGHU0DMRUPDWW ª6LHNHQQHQGHQ6FKDOWUDXPGHUXQPLWWHOEDUXQWHUPHLQHP%UROLHJW"© ª-DVHOEVWYHUVWlQGOLFK6LU©QLFNWHGHU0DMRU ª'RUWOLHJWHLQ%HZXWORVHU(LQ$WWHQWlWHU$ODUPLHUHQ6LHGLH6RO$EXQGODVVHQ6LHGHQ0DQQLQ *HZDKUVDPQHKPHQ'HLJKWRQHUKlOWYRQPLUSHUV|QOLFKHLQHQ%HULFKWEHUGLHVHQ9RUIDOO© 'HU0DMRUKDWWHVHLQHhEHUUDVFKXQJOlQJVWYHUJHVVHQ ª6RIRUW6LU©YHUVLFKHUWHHUª,FKIUHXHPLFK6LHXQYHUOHW]W]XVHKHQ© ª2KLFKELQQLFKWVLFKHUGDGHU$QVFKODJPLUJDOW©DQWZRUWHWH-XOLDQ]ZHLGHXWLJ 'DQQ WUDW HU LQ VHLQ %UR (U EOLHE LQ GHU 1lKH GHU 7U VWHKHQ XQG ZDUI HLQHQ %OLFN GXUFK GDV ZHLWH)HQVWHU(VZDU(UKDWWHVLFKQDKWXQGEHUJDQJVORVLQGLHVHV 8QLYHUVXPHLQJHIJW'UHL 0LQXWHQ VSlWHUVXPPWH GHU ,QWHUNRP(U VFKDOWHWHGDV*HUlWHLQXQG VDKGDV%LOGGHV*URDGPLQLVWUDWRUVDXIGHU0DWWVFKHLEHPDWHULDOLVLHUHQ ª,FKZLOO6LHQLFKWVW|UHQ-XOLDQ©VDJWH3HUU\5KRGDQHUQVWªDEHUHVLQWHUHVVLHUWPLFKEUHQQHQG ZHOFKHQ(UIROJ6LHVLFKYRQGHU6H\PDU/XFKRZ'HEDWWHPRUJHQQDFKPLWWDJYHUVSUHFKHQ© -XOLDQOlFKHOWH]XYHUVLFKWOLFK ª0HLQH $UJXPHQWH VLQG EHUZlOWLJHQG© HUNOlUWH HU ª6H\PDU XQG /XFKRZ ZHUGHQ EHL GHU $EVWLPPXQJ KDXVKRFK YHUOLHUHQ =XPDO LKU OHW]WHU 6FKDFK]XJ LQ GLHVHU $QJHOHJHQKHLW VRHEHQ NDWDVWURSKDOHQGHWH© 5KRGDQVDKLKQIUDJHQGDQ ª:LHKDEHLFKGDV]XYHUVWHKHQ"© ª0LW ,KUHU (UODXEQLV 6LU© DQWZRUWHWH -XOLDQ UHVSHNWYROO ªZHUGH LFK ,KQHQ GDUEHU EHL *HOHJHQKHLWDXVIKUOLFKEHULFKWHQ(VZLUGHLQH]LHPOLFKODQJH*HVFKLFKWHZHUGHQ© ª*XWZLH6LHZROOHQ-XOLDQ©0LWHWZDV%HVRUJQLVIJWHHUKLQ]Xª1LFKWV(UQVWHVZLH"© -XOLDQVFKWWHOWHGHQ.RSI ª1LFKWV(UQVWHV6LU© 1RFK0LQXWHQGDQDFKDOVGLH9HUELQGXQJOlQJVWXQWHUEURFKHQZDUJUEHOWHHUGDUEHUQDFKZLH HUGHP*URDGPLQLVWUDWRUVHLQ(UOHEQLVDPEHVWHQEHLEULQJHQN|QQH'DQQVFKREHUGLH*HGDQNHQ EHLVHLWH (V JDE :LFKWLJHUHV ]X WXQ (U PXWH 'DK\D DQUXIHQ 6LH ZUGH VLFK 6RUJHQ PDFKHQ (U ZUGHLKUVDJHQGHU$ODUPVHLDEJHEODVHQ (1'(
%LWWHEHDFKWHQ6LHGLH9RUVFKDXDXIGHUQlFKVWHQ6HLWH $OV3(55<5+2'$17DVFKHQEXFK1UHUVFKHLQW 'HU6FKUHFNHQGHU862 (LQ 0HGR6FKLII ZLUG ]XP 7ROOKDXV ² :DOW\ .ODFNWRQ GHU VFKUHFNOLFKH .RUSRUDO LVW DQ %RUG (LQ:HOWUDXP$EHQWHXHUYRQ(51679/&(. ª(LQ0DQQLQGHU8QLIRUPHLQHV862&DSWDLQVHUVFKLHQDXIGHP%LOGVFKLUP 'HU&DSWDLQ|IIQHWHGHQ0XQGXPHWZDV]XVDJHQ$OVHUDEHUGHQ.RUSRUDOHUNDQQWHZXUGHHU EODXQGEUDFKWHNHLQ:RUWEHUGLH/LSSHQ :HLWHUH %HVDW]XQJVPLWJOLHGHU GUlQJWHQ VLFK DQ GHQ %LOGVFKLUP KHUDQ XQG EOLFNWHQ GHP &DSWDLQ EHUGLH 6FKXOWHUQ ¾:DOW\ .ODFNWRQ LVW DQ %RUG½ ULHI HLQHU GHU 0lQQHU HQWVHW]W ¾5HWWH VLFK ZHU NDQQ½© 'LH 63+,',$ HLQ 6SH]LDOVFKLII WUDQVSRUWLHUW HQWDUWHWH XQG HUNUDQNWH 0XWDQWHQ YRQ YHUVFKLHGHQHQ:HOWHQQDFK7DKXQGHP0HGR&HQWHUGHU862 8QWHU GHQ 3DWLHQWHQ EHILQGHQ VLFK HLQ 0HWKDQDWPHU GHU ]ZLVFKHQ GHQ 'LPHQVLRQHQ SHQGHOW HLQ (FKVHQDEN|PPOLQJ GHU GXUFK :LOOHQVNUDIW W|GOLFKH 6HXFKHQ HU]HXJHQ NDQQHLQH6FKDU.LQGHUGLHLP%DQQHLQHUXQKHLPOLFKHQ0DFKWVWHKHQXQGGHU3DUD 7HOHVFKL]RPDW:DOW\.ODFNWRQGHUEHUKPWEHUFKWLJWH8626SH]LDOLVW:RHUDXIWDXFKW GDEULFKWGDVDEVROXWH&KDRVDXV(LQ5RPDQDXVGHP-DKUKXQGHUW