(UQVW9OFHN
'LHGXQNOHQ-DKUKXQGHUWH
352/2*7$*18// :DVZDUGDVQXUZLHGHUIUHLQ7DJ 'LHVHQ 2NWREH...
24 downloads
643 Views
525KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
(UQVW9OFHN
'LHGXQNOHQ-DKUKXQGHUWH
352/2*7$*18// :DVZDUGDVQXUZLHGHUIUHLQ7DJ 'LHVHQ 2NWREHU VROOWH HU DP EHVWHQ DXV VHLQHU (ULQQHUXQJ O|VFKHQ XQG ]XP8QWDJHUNOlUHQ8QGGLH7DJHGDYRUJOHLFKPLW 'HQVRGGHU ZDU JH]ZXQJHQHUPDHQ DXI ³'LlW XQG VHLQ 9HUGDXXQJVV\VWHP VFKULH QDFK 1DKUXQJ 6HLQ 5DXPDQ]XJ NRQQWH MHGHU]HLW GHQ *HLVW DXIJHEHQ GDQQ ZUGH HU QLFKW HLQPDO YRQ /XIW XQG :lUPH OHEHQ N|QQHQ 'HU 1DKUXQJVVSHQGHU ZDUVRZLHVRVFKRQVHLW7DJHQOHHU 6RYLHOH1XOO7DJHKLQWHUHLQDQGHUKDWWHHUVFKRQODQJHQLFKW]XYHUNUDIWHQJHKDEW 1LFKW GDUDQ GHQNHQ EHVVHU GLH (ULQQHUXQJ GDUDQ DXVUDGLHUHQ $EHU HU KDWWH +XQJHUGDV.QXUUHQVHLQHV0DJHQVOLHVLFKHLQIDFKQLFKWLJQRULHUHQ 6HLQ6FKLIIVWDQGVRXQJQVWLJJHSDUNWGDHULKPEHVVHUDXI0HLOHQIHUQEOLHE(V VWDQG JHQDX LP )RNXV GHU -lJHU 6LH KlWWHQ HV DXV GHP 2UELW VSLHOHQG MHGHU]HLW DEVFKLHHQ N|QQHQ $EHU VLH ZROOWHQ RIIHQVLFKWOLFK QLFKW QXU VHLQ 6FKLII VRQGHUQ YRUDOOHPLKQ 8QGVLHZXWHQGDVLHGLH&KDQFHLKQ]XNULHJHQQXUVRODQJHKDWWHQZLHVHLQH $/48$$0LQWDNWZDUXQGHLQH)OXFKWP|JOLFKNHLWIULKQERW'LHVHU9HUORFNXQJ ZUGHHUQLFKWDXIHZLJZLGHUVWHKHQN|QQHQ,UJHQGZDQQZUGHHU]XUFNNRPPHQ PVVHQXPVHLQH³'LlW]XEHHQGHQ'HQQVLHZLHJWHQVLFKLQGHU6LFKHUKHLWGD HV NHLQH DQGHUH 1DKUXQJVTXHOOH LQ ZHLWHP 8PNUHLV JDE DXI GLHVHP JDQ]HQ YHUGDPPWHQ3ODQHWHQQLFKW 8QGGDHVIULKQNHLQDQGHUHV$V\OJDEGDVLKQDXFKHUQlKUHQNRQQWH 'DEHL KlWWH HU QRFK HLQH DQGHUH &KDQFH JHKDEW ZHQQ HU HV lKQOLFK UDIILQLHUW JHKDQGKDEW KlWWH ZLH GLH ]Z|OI %OXHVNLQGHU GHQHQ GLH $XVVHW]XQJ GXUFK LKUH (OWHUQGURKWH (U VWDQG LQ HLQHP 7DO ]ZLVFKHQ %HUJHQ DXV 6FKURWW ZXUGH I|UPOLFK HUGUFNW YRQ GLHVHQEL]DUUHQPHWDOOHQHQ 6NHOHWWHQ 'LH5DXPVFKLIIZUDFNVWUPWHQVLFK KRFK LQ GHQ VFKZDU]HQ +LPPHO ² QLFKW HLQ 6WHUQ DP +LPPHO QXU GDV 1LFKWV EHU LKP 8QG GLH :UDFNV (U KDWWH VLH DOOH VFKRQ YHU]ZHLIHOW GXUFKVXFKW DEHU LQ NHLQHP HWZDV(EDUHVJHIXQGHQ -HGH 0HQJH +L7HFK Y|OOLJ LQWDNWH 0HWDJUDYV 1XJDV5HDNWRUHQ %DWWHULHQ YRQ 7UDQVPLWWHUHLQKHLWHQ .RPPXQLNDWLRQVQHW]H HQ PDVVH YRQ XQJODXEOLFKHP PDWHULHOOHQ:HUW$EHUEHLGLUPDOHLQ6WFNYRQHLQHP6\QWURQDERGHUNDXIGLU LQGLHVHU(LQ|GHZDVGDIU 'DKDWWHHUQXQQDFKMDKU]HKQWHODQJHU6XFKHGHQOHJHQGlUHQ5DXPVFKLIIVIULHGKRI YRQ$VVLK%DUDQJJHIXQGHQZHLWGUDXHQLQGHUlXHUVWHQ(DVWVLGHVLFKDP5DQG GHV 1LFKWV VHLQHQ 7UDXP HUIOOW GHP HU HLQ JDQ]HV /HEHQ ODQJ QDFKJHMDJW ZDU XQGMHW]WZDUHUDP9HUKXQJHUQ $EHU VRZHLW ZUGH HU HV QLFKW NRPPHQ ODVVHQ HKHU ZUGH HU VLFK HUJHEHQ 'DV 3UREOHP GDEHL ZDU QXU RE GLH -lJHU VHLQ $QJHERW DXFK DQQHKPHQ ZUGHQ RGHU VRIRUWGHQ)HXHUNQRSIGUFNWHQ 'HQVRGGHU IUDJWH VLFK ZHU VLH ZDUHQ $EHQWHXUHU ZLH HU RGHU GLH :lFKWHU YRQ
$VVLK%DUDQJ" (U KDWWH QXU GLH 2UWXQJ YRQ HLQHP LKUHU GLVNXVI|UPLJHQ %HLERRWH EHNRPPHQ YRP 0XWWHUVFKLII RGHU YRQ LKQHQ VHOEVW DEHU QRFK QLFKW PDO HLQHQ 6FKDWWHQ JHVHKHQ 9LHOOHLFKW ZDUHQ VLH DXFK 5RERWHU ZDV QRFK VFKOLPPHU JHZHVHQ ZlUH LQ GLHVHP )DOO KlWWH HU NHLQHUOHL &KDQFHQ JHKDEW QLFKW HLQPDO GLH VLH PLW VHLQHPHORTXHQWHQ0XQGZHUN]XEHVFKZDW]HQ 'LHVH 9RNDEHO KDWWH HU YRQ HLQHP 6\QWURQ DXV HLQHP GHU :UDFNV GHU QLFKW QXU LPPHU QRFK XQWHU 6WURP VWDQG VRQGHUQ VLFK VHOEVW DOV ³HORTXHQWHQ 3DUWQHU XQG EHUHGWHQ 9HUKDQGOXQJVJHKLOIHQ DQJHERWHQ XQG VHLQ 6FKLII DOV QLH YHUVLHJHQGHQ 1DKUXQJVTXHOOJHSULHVHQKDWWH 8QGMHW]WZDUHU'HQVRGGHUYHU]ZHLIHOWDXIGHU6XFKHQDFKGLHVHP:UDFN$EHUZLH VROOWH PDQ VLFK LQ GLHVHP 6FKURWWJHELUJH ]XUHFKWILQGHQ ZHQQ PDQ VR OHLFKWVLQQLJ JHZHVHQZDUNHLQH0DUNLHUXQJHQ]XVHW]HQ (UKDWWHPDOYRQHLQHP7HOOHUNRSIGLH/HJHQGHYRQGHQ]Z|OI%OXHVNLQGHUQJHK|UW GLH YRQ LKUHQ (OWHUQ DXI HLQH $PPRQLDNZHOW JHEUDFKW XQG GRUW DXVJHVHW]W ZRUGHQ ZDUHQ 'LH HOWHUOLFKHQ (LHUOHJHU KDWWHQ LKUH .LQGHUVFKDU WLHI LQ XQZHJVDPHV *HELHW JHORFNW XQG IU VLFK VHOEVW /XIWEDOORQV DXVJHOHJW XP GHQ 5FNZHJ ]X ILQGHQ 'LH NOHLQHQ7HOOHUN|SIHKDWWHQDEHUGHQ6SLHXPJHGUHKW6LHNHKUWHQYRULKUHQ(OWHUQXP XQGEUDFKWHQDXILKUHP5FNZHJ]XP5DXPVFKLIIHLQHQ%DOORQQDFKGHPDQGHUHQ]XP 3ODW]HQVRGDQXQLKUH5DEHQHOWHUQGDVLKQHQ]XJHGDFKWH6FKLFNVDOHUOLWWHQ (LQHUKUHQGH*HVFKLFKWHDXVGHU'HQVRGGHUMHGRFKQLFKWVJHOHUQWKDWWH(UNDPVLFK MD VHOEHU YLHO ]X FOHYHU YRU DOV GD HU DXI GHQ *HGDQNHQ JHNRPPHQ ZlUH VLFK YHULUUHQ ]X N|QQHQ :R]X KDWWH PDQ GHQQ WHFKQLVFKH +LOIHQ" $EHU ZHQQ GLHVH DXVILHOHQZDVEHLVHLQHUPDURGHQ$XVUVWXQJLPPHUGULQZDUGDQQVDKPDQDOWDXV :R ZDU GLHVHU HORTXHQWH 6\QWURQ GHQQ QXQ" 9RU LKP KLQWHU LKP RGHU UHFKWV RGHU OLQNV" .DP LKP GLHVH DXVJH]DFNWH %HXOH GLH GLH 6LOKRXHWWH GHV ZUDFNHQ .XJHOUDXPHUV YRU GHP QRFK VFKZlU]HUHQ +LPPHO ]HLFKQHWH QLFKW EHNDQQW YRU" 2GHU ZDU GHU WXUPDUWLJ DXIUDJHQGH =\OLQGHU HLQHV 6SULQJHUVFKLIIV HLQ HUQVW]XQHKPHQGHU +LQZHLV" 'RUW GDV *HZLUU DXV VSLQQHQILQJHUDUWLJHQ 9HUVWUHEXQJHQ KDWWH HU HV QLFKW JHVWHUQ DXV GHU HQWJHJHQJHVHW]WHQ 5LFKWXQJ JHVHKHQ"/DJ³(ORTZLHHUGHQJHVFKZlW]LJHQ6\QWURQEHLVLFKQDQQWHQLFKWQXU HLQHQ6WHLQZXUIHQWIHUQWGDYRQ" (U ZXWH HV QLFKW PHKU (V JDE MD QLFKW HLQPDO 6WHUQH DP +LPPHO QDFK GHQHQ PDQ VLFK KlWWH RULHQWLHUHQ N|QQHQ (V KDWWH DXFK NHLQHQ 6LQQ ZHLWHU LP .UHLV ]X ODXIHQ 6HLQ (QHUJLHYRUUDW ZDU RKQHKLQ EDOG DXI 1XOO GDQQ ZUGH LKP UDVFK MlPPHUOLFKNDOWZHUGHQ 8QG ZHQQ HV HUVW PDO VRZHLW ZDU GDQQ JXWH 1DFKW PHLQ OLHEHU 'HQVRGGHU GX OHLFKWVLQQLJHU 1DUU GX YHUGDPPWHU ,GLRW 1XU HLQ ELFKHQ PHKU 8PVLFKW XQG GX ZlUVWHUVWJDUQLFKWLQGLHVHIDWDOH6LWXDWLRQJHNRPPHQ ,QVHLQHU9HU]ZHLIOXQJHQWVFKORVLFK'HQVRGGHUDOOHVDXIHLQH.DUWH]XVHW]HQ(U KDWWH ELVKHU PLW VHLQHU (QHUJLH +DXVKDOW JHKDOWHQ GHQ 9HUEUDXFK DXIV 0LQLPXP EHVFKUlQNWXQGVHOEVWGLH.RPPXQLNDWLRQPLWVHLQHP6FKLIIVV\QWURQDEJHEURFKHQ $EHUZHQQHUGLHHLQ]LJH&KDQFH]XPhEHUOHEHQHUJUHLIHQZROOWHPXWHHUVHLQHQ (QHUJLHYRUUDWHLQVHW]HQ (U HUNOHWWHUWH HLQHQ GHU K|KHUHQ 6FKURWWKDXIHQ XQG WURW] GHU UHODWLY JHULQJHQ 6FKZHUNUDIW YRQ $VVLK%DUDQJ VFKZLW]WH HU JDQ] VFK|Q DOV HU GHQ *LSIHO GHV 6FKURWWEHUJVHUUHLFKWKDWWH9RQKLHUREHQKDWWHHUHLQHQJXWHQhEHUEOLFNEHUGHQ
6FKLIIVIULHGKRI GHU VLFK YRQ +RUL]RQW ]X +RUL]RQW HUVWUHFNWH ,UJHQGZR GDKLQWHU VWDQGVHLQH$/48$$0LP)DGHQNUHX]GHU-lJHU 'HQVRGGHU VFKDOWHWH GDV 6SUHFKIXQNJHUlW HLQ XQG EHJDQQ GLH YRUEHUHLWHWH 1DFKULFKW]XVSUHFKHQ ³,FKUXIHGHQHORTXHQWHQ6\QWURQGHUGHPPGHQKXQJULJHQ:DQGHUHU$V\OXQG 6SHLV XQG 7UDQN DQJHERWHQ KDW :HQQ GHLQ $QJHERW QRFK JLOW GDQQ PHOGH GLFK XQGJLEPLUHLQ=HLFKHQ$EHUPDFKVFKQHOO(ORTLFKVWHKHEDOGLP)UHLHQ ³+LHU LVW GHU 6\QWURQYHUEXQG GHU (/<6,$1 NDP GLH $QWZRUW SRVWZHQGHQG 8QG GDPLW ZDU 'HQVRGGHU JHUHWWHW (U EUDXFKWH QXU GHQ /LFKWHUQ ]X IROJHQ GLH (ORTDQGHUZUDFNHQ(/<6,$1HLQJHVFKDOWHWKDWWH (VZDUHQGLHHLQ]LJHQ/LFKWHUZHLWXQGEUHLW 'HQVRGGHUZDUJHUHWWHW (UVFKOXJVLFKHUVWHLQPDOGHQ%DXFKPLWN|VWOLFKHU.RQ]HQWUDWQDKUXQJYROOQRFK EHYRUHUVLFKGHV5DXPDQ]XJVJDQ]HQWOHGLJWKDWWH(UVWDOVHUVDWWZDUHQWNOHLGHWH HUVLFKXQGPDFKWHHVVLFKLQHLQHP.RQWXUVHVVHOGHU.RPPDQGR]HQWUDOHEHTXHP (U VFKOLHI VRIRUW HLQ (V VW|UWH LKQ QLFKW GD GHU 6\QWURQ SDXVHQORV DXI LKQ HLQUHGHWH GLH ZRKOPRGXOLHUWH 6WLPPH KDWWH DXI 'HQVRGGHU VRJDU HLQH HLQVFKOlIHUQGH :LUNXQJ (U ZDU VR PGH GD HV LKQ YHUPXWOLFK QLFKW HLQPDO JHVW|UWKlWWHZHQQXPLKQHLQ'XW]HQG&DQWDURHLQH2UJLHJHIHLHUWKlWWHQ 8QG GHU 6\QWURQ SODSSHUWH XQG SODSSHUWH XQG DOV 'HQVRGGHU LUJHQGZDQQ DXV WLHIHQWUDXPORVHQ6FKODIHUZDFKWHUHGHWH(ORTLPPHUQRFK ³+DVWGXPLUEHUKDXSW]XJHK|UW'HQ"ZDUGDVHUVWHZDVGHU6FKURWWKlQGOHUYRP 6\QWURQ]XK|UHQEHNDPDOVHUZDFKZDU³,FKKDEHGHQVWDUNHQ9HUGDFKWGDLFK LQV/HHUHJHVSURFKHQKDEH ³([DNWVDJWH'HQVRGGHU³8QGLFKGHQNHGDLFKQLFKWVYHUVlXPWKDEH ³,FK KDEH GLU GLH OFNHQORVH *HVFKLFKWH GHU 0LOFKVWUDH HU]lKOW DQWZRUWHWH GHU 6\QWURQ ³9RQ GHQ $QIlQJHQ DXV GHU =HLW GHU +DXUL.ULHJH DOV GLH &DQWDUR DXIWDXFKWHQ XQG GLH *DOD[LV QRFK QLFKW YRP EULJHQ $OO DEJHVFKLUPW ZDU ELV ]XP KHXWLJHQ7DJGHP%HJLQQHLQHUQHXHQ=HLW 'HQVRGGHUZLQNWHDEHUKDWWHJOHLFKJHZXWGDHUQLFKWVYHUVlXPWKDWWH ³'LH *HVFKLFKWH GHU 0LOFKVWUDH XQG LKUHU 9|ONHU LVW PLU EHNDQQW VDJWH HU XQG EHUOHJWH RE HV QLFKW ZLHGHU =HLW IU GLH QlFKVWH 0DKO]HLW ZlUH ³,FK NHQQH DOOH /HJHQGHQXQGHLQSDDUPHKU ³(EHQ GX NHQQVW QXU GLH /HJHQGHQ GLH UDIILQLHUWH *HVFKLFKWVIlOVFKHU HUIXQGHQ KDEHQ XP GLH 9|ONHU GHU 0LOFKVWUDH LQ GLH ,UUH ]X IKUHQ EHKDXSWHWH GHU 6\QWURQ ³$EHU LP /RJ GHU (/<6,$1 LVW GLH ZDKUH *HVFKLFKWH GHU 0LOFKVWUDH DXIJH]HLFKQHW ³$QJHEHUVDJWH'HQVRGGHUXQGVWHOOWHVLFKLP*HLVWHLQ0HQ]XVDPPHQ(UZDU GHU 0HLQXQJ GD HV VLFK WURW] GHV JHVFKZlW]LJHQ 6\QWURQV KLHU HLQH :HLOH JDQ] JXW EHUOHEHQ OLH =XPLQGHVW VRODQJH ELV GLH -lJHU DEJH]RJHQ ZDUHQ 8QG VHOEVW ZHQQ VLH VHLQH $/48$$0 DWRPLVLHUWHQ ZUGH HU VLFK GDQN VHLQHV WHFKQLVFKHQ .|QQHQV DXV GHQ YHUVFKLHGHQHQ :UDFNWHLOHQ HLQHQ EHUOLFKWVFKQHOOHQ 8QWHUVDW] ]XVDPPHQEDVWHOQN|QQHQ 'LH (/<6,$1 ZDU WURW] GHV VFKOHFKWHQ RSWLVFKHQ (LQGUXFNV GHQ VLH PDFKWH VRZHLWHUKDOWHQGDGLH/HEHQVHUKDOWXQJVV\VWHPHIXQNWLRQLHUWHQ(UZUGHQXUGDV DEJHEURFKHQH +HFN HUQHXHUQ XQG GLH $QWULHEVHLQKHLW DXVWDXVFKHQ PVVHQ ² MD
XQGQDWUOLFKGHQ6\QWURQJHJHQHLQHQDQGHUHQHUVHW]HQ'DVDXIDOOH)lOOHVFKRQ DXVUHLQHP6HOEVWHUKDOWXQJVWULHE ³'X KDVW MD JDU NHLQH $KQXQJ SODSSHUWH GHU 6\QWURQ ZHLWHU ³:HLW GX ZLH DOW GLH (/<6,$1 LVW" 6HFKVKXQGHUWXQGIQIXQGVHFK]LJ -DKUH 6LH HUKLHOW LP 0lU] YLHUKXQGHUWXQGDFKW]LJ LKUH 6FKLIIVWDXIH XQG KDWWH DXFK LQ GLHVHP -DKU LKUHQ -XQJIHUQIOXJ 'D VWDXQVW GX ZDV" 'LH PHLVWHQ WHFKQLVFKHQ 7HLOH PXWHQ ]ZDU PHKUIDFKDXVJHWDXVFKW ZHUGHQ XQGDXFKLFKELQHLQMQJHUHV%DXMDKU$EHUEHLP )OXJVFKUHLEHUKDQGHOWHVVLFKLPPHUQRFKXPGDV2ULJLQDO/RJ ³0HLQHWZHJHQ VDJWH 'HQVRGGHU QRFK LPPHU GHVLQWHUHVVLHUW ³$EHU ZDV EULQJW GDV" $XV *HVFKLFKWVEHULFKWHQ OlW VLFK NHLQ .DSLWDO VFKODJHQ (V JLEW NHLQH *HKHLPQLVVH LQ GHU 0LOFKVWUDH XQG ZHQ LQWHUHVVLHUW HV VFKRQ ZDV YRU VHFKVHLQKDOE -DKUKXQGHUWHQ LP HLQ]HOQHQ JHVFKHKHQ LVW -D ZHQQ PDQ ZWH ZDV JHQDX GLH *URH .RVPLVFKH .DWDVWURSKH DXVJHO|VW XQG ]XU 9HUQLFKWXQJ GHV EULJHQ8QLYHUVXPVJHIKUWKDW ³8QGZHQQLFKGLUEHZHLVHGDHVDXHUKDOEGHU0LOFKVWUDHQRFK/HEHQJLEWXQG GDV0lUFKHQYRPJURHQ1LFKWVDXHUKDOEGHU:lOOHQXUGHU3URSDJDQGDHLQHVGLH *DOD[LVEHKHUUVFKHQGHQ6\VWHPVHQWVWDPPW"(LQHV6\VWHPVGDVGLH,VROLHUXQJGHU 0LOFKVWUDHXQGGLH8QWHUGUFNXQJGHUGDULQOHEHQGHQ9|ONHUGDPLWUHFKWIHUWLJHQ XQGXQWHUPDXHUQZLOO" ³%LVKHU KDVW GX HLJHQWOLFK HLQHQ JDQ] QRUPDOHQ (LQGUXFN JHPDFKW (ORT VDJWH 'HQVRGGHU ³DEHU MH OlQJHU LFK PLU GHLQHQ 8QVLQQ DQK|UH GHVWR PHKU NRPPH LFK ]X GHU $QVLFKW GD GHLQ 3URJUDPP QLFKW VWLPPW 'X ZXUGHVW ZRKO YRQ LUJHQGHLQHP6HNWLHUHUJHHLFKWZDV" ³:DUXP K|UVW GX GLU GDV /RJ QLFKW HLQIDFK DQ XQG XUWHLOVW GDQQ" VFKOXJ GHU 6\QWURQYRU ³:HLO LFK DQGHUH 6RUJHQ KDEH DOV PLU EO|GH *HVFKLFKWHQ DQ]XK|UHQ VDJWH 'HQVRGGHU XQG GDFKWHZLHGHU DQ GLH -lJHUGLH LKPLP1DFNHQVDHQ (UVHXI]WH ³:DVVROOWHPLUGDVVFKRQKHOIHQ ³'XNDQQVWGDUDXVHLQH0HQJHOHUQHQUHGHWH(ORTDXILKQHLQ³'XZLUVWHUIDKUHQ ZLH GDV /HEHQ YRU GHU ,VROLHUXQJ GHU 0LOFKVWUDH ZDU :LH GLH &DQWDUR JDQ]H :HOWHQ PLW HLQHP %OLW]VFKODJ HLQIURUHQ XQG GDQQ YHUGDPSIHQ OLHHQ :LH DOOHV YHUVXFKW ZXUGH XP GHQ )UHLKHLWVGUDQJ GHU 0LOFKVWUDHQY|ONHU LP .HLP ]X HUVWLFNHQ8QGGXZLUVWHUIDKUHQGDHVLQGHU0LOFKVWUDHHLQHVWDUNH*UXSSHYRQ :LGHUVWDQGVNlPSIHUQ JLEW GLH GUDXI XQG GUDQ VLQG GDV 6\VWHP ]X VWU]HQ 'X NDQQVWGLFKGHU%HZHLVNUDIWGLHVHV/RJVQLFKWHQW]LHKHQ+|UHHVGLUDQ(VNRVWHW QLFKWV ³8QG ZDUXP KDW QLFKW VFKRQ YRUKHU MHPDQG =XJULII GDUDXI JHQRPPHQ XQG GLH :DKUKHLWDQV/LFKWJHEUDFKW"HUNXQGLJWHVLFK'HQVRGGHU ³(LQH JXWH )UDJH HUZLGHUWH GHU 6\QWURQ ³'LH $QWZRUW LVW HLQIDFK %LV YRU NXU]HP ZDU GDV HFKWH /RJ GHU (/<6,$1 XQEHNDQQW 'DV RIIL]LHOOH /RJ ZXUGH QDWUOLFK YRQ GHQ MHZHLOLJHQ (LJQHUQ GHV 6FKLIIHV LKUHQ HLJHQHQ ,QWHQWLRQHQ DQJHSDW $EHU GDQHEHQ JDE HV HLQ ]ZHLWHV /RJ (V ZDU JHVFKLFNW JHWDUQW XQG QLFKWHLQPDOLFKKDWWH=XJULIIGDUDXI(UVWHLQILQGLJHU:LGGHUKDWHVHQWGHFNWXQG GHFKLIIULHUW ³8QGZDUXPZHUWHWHHUHVQLFKWDXV" ³(U VWDUE EHL GHP 9HUVXFK PLW GHU (/<6,$1 HLQH %ORFNDGH ]X GXUFKEUHFKHQ
DQWZRUWHWHGHU6\QWURQ³'DEHLZXUGHGDV6FKLIIDXFKVREHO]XJHULFKWHWZLHGX HV YRU GLU VLHKVW LQ ]ZHL JHUDGH QRFK ]XVDPPHQKlQJHQGH 7HLOH JHVFKRVVHQ 6R ODQGHWH GLH (/<6,$1 VFKOLHOLFK KLHU (LQ XQYHUGLHQWHV 6FKLFNVDO QDFK VLHEHQ -DKUKXQGHUWHQGHV(LQVDW]HV6DJQLFKWGDVLHEHQKXQGHUW-DKUHJHQXJVLQG'HQ ³:LHNlPHLFKGD]XPLUHLQVROFKHV8UWHLO]XELOGHQVDJWH'HQVRGGHU:UDFNZDU IU LKQ :UDFN 'HU 6\QWURQ VFKLHQ GDJHJHQ GDUDXI KLQ]XDUEHLWHQ GD VLFK LUJHQG MHPDQG GHU (/<6,$1 DQQDKP XQG VLH ZLHGHU LQ 6FKX EUDFKWH HLQH 6LV\SKXVDUEHLW $EHUGDYRQPDODEJHVHKHQZDVGHU6\QWURQGDHU]lKOWHGDVK|UWHVLFKJDUQLFKWVR EHO DQ 'HQVRGGHUV ,QWHUHVVH ZDU JHZHFNW (V VFKDGHWH QLFKWV LQ GDV /RJ KLQHLQ]XK|UHQ ]XPDO HU VRZLHVR IU HLQLJH =HLW KLHU IHVWVD XQG GHQ JHVFKZlW]LJHQ 6\QWURQ DP +DOV KDWWH (ORT ZUGH LKQ ZHJHQ GLHVHU 6DFKH YHUPXWOLFK VRODQJH O|FKHUQ ELV HU GHQ 9HUVWDQG YHUORU 'D VROOWH HU OLHEHU NOHLQ EHLJHEHQXQGVLFKHLQLJH+LVW|UFKHQDQK|UHQ ³:LH VWHKW HV QXQ" GUlQJWH GHU 6\QWURQ ³:LOOVW GX GLH :DKUKHLW EHU GLH 0LOFKVWUDHQJHVFKLFKWHHUIDKUHQ" :DUXPHLJHQWOLFKQLFKW" ³$OVRODK|UHQ(ORT ³,QZHOFKHU5HLKHQIROJHZLOOVWGXGLH*HVFKLFKWHK|UHQ",QDV]HQGLHUHQGHURGHULQ GHV]HQGLHUHQGHU)RUP" ³:LH" ³,FKPHLQHLQDXIVWHLJHQGHU5HLKHYRP%HJLQQDQRGHULQDEVWHLJHQGHUQlPOLFK YRQKHXWHDQLQGHU=HLW]XUFN ³$OVRZHQQVFKRQGDQQYRP8UNQDOODQ ³6RZHLWUHLFKWGDV/RJDEHUQLFKW]XUFN ³'DVLVWGRFKQXUVRHLQH5HGHZHQGXQJXQWHU)UHXQGHQGLHPHLQWGDPDQHLQHQ 5DXPDQ]XJQLFKWDP9HUVFKOXEHJLQQHQVROO ³,FK IUFKWH LFK YHUVWHKH QRFK LPPHU QLFKW (V JHKW KLHU QLFKW XP $QZHLVXQJHQ ]XU)HUWLJXQJYRQ5DXPDQ]JHQVRQGHUQ ³$V]HQGLHUHQGELWWH ULHI 'HQVRGGHU GHUPLW VHLQHU*HGXOG DOOPlKOLFKDP(QGH ZDU³9RQ$QIDQJDQ1XUIDQJVFKRQDQ ³$FK VR MD MHW]W YHUVWHKHQ ZLU XQV $OVR 8QG GHU 6\QWURQ EHJDQQ GLH *HVFKLFKWHYRQGHU(QWVWHKXQJGHV5DXPVFKLIIV(/<6,$1XQGVHLQHUZHFKVHOQGHQ 5ROOH LP 0LOFKVWUDHQJHVFKHKHQ ]X HU]lKOHQ 'LHVH EHJDQQ QRFK YRU GHU ,VROLHUXQJGHU0LOFKVWUDHGXUFK:lOOHXQGUHLFKWHEHUGLH'XQNOHQ-DKUKXQGHUWH ELV LQ GLH *HJHQZDUW ZR VLH DP )ULHGKRI GHU 5DXPVFKLIIH YRQ $VVLK%DUDQJ HQGHWH 62117$*6.,1'(5 ,'LH6FKLIIVWDXIH (VZDUHLQHVFK|QH6FKLIIVWDXIHDQGLHVHP6RQQWDJGHQ0lU]1*= 'HU)UKOLQJODJLQGHU/XIW*HIDKUVFKLHQLP9HU]XJ $OOHV ZDV 5DQJ XQG 1DPHQ LP *DODNWLNXP KDWWH ZDU YHUWUHWHQ 7HUUDQLVFKH XQG JDODNWLVFKH 3ROLWLNHU *HVDQGWH SUDNWLVFK DOOHU 0LOFKVWUDHQY|ONHU )UDXHQ XQG
0lQQHUDXV:LVVHQVFKDIWXQG7HFKQLNGDVJHVDPWH)RUVFKXQJVWHDPYRQ'(/7$ 63$&(6 DXFK YLHOH JURH 0lQQHU DXV :LUWVFKDIW XQG )LQDQ] LQNOXVLYH GHU PHLVWHQ +DQVH6SUHFKHU PLW LKUHP &KHI +RPHU * $GDPV NXU]XP GLH JU|WHQ OHEHQGHQ*DODNWLNHU 'DV ]X WDXIHQGH 5DXPVFKLII ZDU YRQ UHODWLY JHULQJHU *U|H PHKU 5DXPMDFKW DOV VFKLII XQG YRQ UHFKW HLJHQZLOOLJHU %DXDUW +RPHU * $GDPV KDWWH DOV HU GHQ /HW]WHQWZXUI ]XU $QVLFKW EHNDP )UHXQGHQ JHJHQEHU GLH )RUP VS|WWLVFK DOV µ%JHOHLVHQPLW6WDELOLVDWRUHQ EH]HLFKQHWZHOFKHU9HUJOHLFKQLFKWXQSDVVHQGZDU DEHU QXU IU MHQH QDFKYROO]LHKEDU GLH KHXW]XWDJH QRFK ZXWHQ ZDV XQWHU HLQHP %JHOHLVHQ ]X YHUVWHKHQ ZDU $EHU *DOEUDLWK 'HLJKWRQ REZRKO ODQJH QDFK GHU =HLWGHU%JHOHLVHQ JHERUHQYHUVWDQGXQGQDKPGHQ6SRWWQDPHQQXU]XJHUQHLQ VHLQHQ6SUDFKVFKDW]DXI 'HLJKWRQ ² GHU =\QLNHU GHV -DKUWDXVHQGV ZLH HU YRQ GHP EHNDQQWHQ 0RGHUDWRU 6HUJLR : +RJDQ YRQ 7HUUD79 HLQPDO JHQDQQW ZRUGHQ ZDU hEULJHQV ZDU GLHV DXFKJOHLFK]HLWLJGLHOHW]WH0RGHUDWLRQGLHGHUJXWH6HUJLRIU7HUUD79JHPDFKW KDWWHGDVQXUQHEHQEHL 'HU HUVWH $NW GHU )HLHUOLFKNHLW GLH (QWKOOXQJ GHU /X[XVMDFKW ZXUGH PLW HLQHU VSHNWDNXOlUHQ +RORVFKDX HLQJHOHLWHW -HW]W ZDU GDV MXQJIUlXOLFKH 2EMHNW GHQ HUZDUWXQJVYROOHQ %OLFNHQ HLQHU JDQ]HQ *DOD[LV EORJHOHJW 3IOLFKWVFKXOGLJH %HJHLVWHUXQJIROJWH5DXQHQ6WDXQHQ$SSODXV 'LH /lQJH EHU DOOHV EHWUXJ 0HWHU ZRYRQ GHU HLJHQWOLFKH 6FKLIIVN|USHU MHGRFK QXU GLH +lOIWH LQ $QVSUXFK QDKP 'LH DQGHUH +lOIWH ZXUGH YRQ HLQHP VFKODQNHQ+HFNDXVOHJHUJHELOGHWGHULQVFKUlJQDFKXQWHQUDJHQGHQ6WDELOLVDWRUHQ HQGHWH'HU+DXSWN|USHUKDWWHHLQH+|KHYRQ0HWHUQXQGHLQH%UHLWHYRQ 0HWHUQXQGZDULQGUHL'HFNVXQWHUWHLOW 'DV 2EHUGHFN ZDU HLQ OX[XUL|V JHVWDOWHWHU *HPHLQVFKDIWVUDXP ZLH EHLP 'HVLJQ GHU ,QQHQDXVVWDWWXQJ JHQHUHOO JU|WHU :HUW DXI /X[XV JHOHJW ZRUGHQ ZDU ,P 0LWWHOGHFN ZDU GLH PLW DOOHQ WHFKQLVFKHQ 5DIILQHVVHQ DXVJHVWDWWHWH .RPPDQGR]HQWUDOH XQWHUJHEUDFKW =XXQWHUVW ODJ GDV .DELQHQGHFNGDV ZDKOZHLVH PLW HLQHU /X[XVNDELQH IU ]ZHL ELV GUHL 3HUVRQHQ RGHU PLW ELV ]X ]HKQ .OHLQNDELQHQ]XKDEHQZDU 'LHVHU QHXH 7\S HLQHU PRGHUQHQ /X[XVMDFKW ZDU GHU JDQ]H 6WRO] YRQ '(/7$ 63$&(6:LHGHU(KUHQSUlVLGHQWGHV8QWHUQHKPHQV-HURPH0RQWHIHUURHUNOlUWH VWHFNWHQ GDV JHVDPWH .QRZKRZ XQG HLQH ]HKQMlKULJH (QWZLFNOXQJV]HLWLQ GLHVHP 5DXPVFKLII²XQGGDVJHVDPWH.DSLWDO (QWVSUHFKHQG JUR ZDU DXFK GHU :HUEHDXIZDQG GHQQ ZHQQ GLHVHU-DFKWW\S QLFKW HLQVFKOXJ GDQQ ZDU GLH JU|WH SULYDWH WHUUDQLVFKH 6FKLIIVZHUIW UXLQLHUW 'LH 6FKLIIVWDXIH KDWWH EHLQDKH GHQ &KDUDNWHU HLQHV RIIL]LHOOHQ 5HJLHUXQJVDNWV '(/7$63$&(6 KDWWH JHUXIHQ XQG DOOH DOOH ZDUHQ JHNRPPHQ (V KHUUVFKWH IHLHUOLFKH)HVWWDJVDWPRVSKlUH 'LH6WLPPXQJZXUGHHLJHQWOLFKQXUGXUFKGHQ%OLW]HU$ODUPHLQZHQLJJHWUEW² GDV KHLW XP GHU :DKUKHLW GLH (KUH ]X JHEHQ VLH VDQN DXI GHQ 1XOOSXQNW 'LH VFKULOOHQ:DUQVLUHQHQKHXOWHQMXVWLQGHP0RPHQWDXIDOV(O\VLDQ0RQWHIHUURGLH HLQ]LJH 7RFKWHU GHV (KUHQSUlVLGHQWHQ YRQ '(/7$63$&(6 GHQ 3URWRW\S DXI LKUHQ1DPHQWDXIHQVROOWH 'DVZDUNHLQJXWHU$QIDQJIUGHQ6WDSHOODXIHLQHV5DXPVFKLIIVGHVQHXHQ7\SV
GHU GLH *DOD[LV HUREHUQ VROOWH (LQH /DXWVSUHFKHUVWLPPH IRUGHUWH GLH $QZHVHQGHQ DXI LQ DOOHU 5XKH GHQ KRORJUDILVFKHQ 3LNWRJUDPPHQ ]X IROJHQ GLH GHQ :HJ LQ GLH 6LFKHUKHLWV]RQHZLHVHQ (V IHKOWH QLFKW YLHO ]X HLQHU 3DQLN 'LH ³%OLW]HU ZDUHQ VFKOLHOLFK GHU 6FKUHFNHQ GHU *DOD[LV :DV ELVKHU QLHPDQG IU P|JOLFK JHKDOWHQ KDWWH ZDU QXQ ZDKU JHZRUGHQ 'LH%OLW]HUEHU7HUUD 'HP WHFKQLVFKHQ 1HUYHQ]HQWUXP GHU *DOD[LV GURKWH GLH VFKOLPPVWH *HIDKU VHLW GHP%HVWHKHQGHV*DODNWLNXPV7HUUDGURKWHGLH9HUQLFKWXQJ $OOHIOFKWHWHQLQ5LFKWXQJGHUIUVROFKH1RWIlOOHJHGDFKWHQ7UDQVPLWWHUGLHHLQH 'LUHNWYHUELQGXQJ ]X GHQ 7LHIEXQNHUDQODJHQ YRQ +4+DQVH KDWWHQ GHP HKHPDOLJHQ ,PSHULXP$OSKD $OOH VXFKWHQ 6FKXW] LQ GHU 7LHIH ZLHZRKO MHGHV NOHLQH.LQGZXWHGDHVQLUJHQGVZLUNOLFKHQ6FKXW]YRUGHQ%OLW]HUQJDE'HQQ ZR GLHVH DXIWDXFKWHQ EOLHE NHLQ /HEHQ ]XUFN VLH YHUQLFKWHWHQ PLW LKUHQ (QHUJLHEOLW]HQ 3ODQHWHQ JOREDO *DQ]H :HOWHQ PLW HLQHP %OLW]VFKODJ $EHU ZHU GDFKWH LQ GLHVHP 0RPHQW JU|WHU %HGURKXQJ VFKRQ ORJLVFK ,UJHQGHLQHQ 6FKXW] PXWHPDQMDVXFKHQXQGHVZDULPPHUQRFKEHUXKLJHQGHUVLFKLQHLQ*HIKOGHU 6LFKHUKHLW ]X ZLHJHQ DOV GDV ,QIHUQR RKQH HLQ 'DFK EHU GHP .RSI EHU VLFK HUJHKHQ]XODVVHQ $OV DOOH LQ GHQ %XQNHUQ GHV +DXSWTXDUWLHUV GHU +DQVH 6FKXW] JHIXQGHQ KDWWHQ YHUNQGHWH*DOEUDLWK'HLJKWRQEHUGLH5XQGUXIDQODJH ³(QWVFKXOGLJWYHUHKUWH*DODNWLNHUGDLFKHXFKGLHVH$XIUHJXQJEHVFKHUWKDEH(V KDQGHOWH VLFK EHL GHP $ODUP QXU XP HLQH hEXQJ IU GHQ (UQVWIDOO 9LHOOHLFKW WU|VWHW HV HWZDV EHU GDV 8QJHPDFK KLQZHJ GDV LFK HXFK GDPLW EHUHLWHW KDEH ZHQQ LFK HXFK SDXVFKDO HLQ .RPSOLPHQW PDFKH ,KU KDEW HXFK VHKU GLV]LSOLQLHUW YHUKDOWHQ XQG HLQH JXWH =HLW YRUJHOHJW 'DV JLEW XQV DXFK GDUEHU $XVNXQIW GD GLH 7HFKQLNHU GHU .RVPLVFKHQ +DQVH JXWH $UEHLW JHOHLVWHW KDEHQ 2E GLH 6LFKHUKHLWVPDQDKPHQ LP (UQVWIDOO DOOHUGLQJV DXVUHLFKHQ GDV ZHUGHQ ZLU HUVW HUIDKUHQ ZHQQ HLQ VROFKHU (UQVWIDOO HLQWUHWHQ VROOWH 'RFK GDYRU P|JH XQV GDV 6FKLFNVDOEHZDKUHQ,FKGDQNHHXFK*DODNWLNHU (V ZDU NHLQHU XQWHU GHQ *HVFKRFNWHQ GHVVHQ (UOHLFKWHUXQJ QLFKW VFKQHOO LQ =RUQ EHU GLH 7lXVFKXQJ XPVFKOXJ NHLQHU GHU QLFKW GHQ ]\QLVFKHQ 8QWHUWRQ DXV GHQ :RUWHQ GHV GHVLJQLHUWHQ .ULHJVPLQLVWHUV KHUDXVK|UWH *DOEUDLWK 'HLJKWRQ MHGRFK OLHGHQ8QPXWPLWVWRLVFKHU5XKHEHUVLFKHUJHKHQ(UKDWWHLQGLHVHQVFKZHUHQ =HLWHQLQGHQHQZLOGH+DXUL+RUGHQDXV+DQJD\GLH0LOFKVWUDHJHVWUPWKDWWHQ XQG DOOHV DXV GHQ )XJHQ ]X JHUDWHQ GURKWH VFKRQ JDQ] DQGHUH %HZlKUXQJVSUREHQ EHUVWDQGHQ 'LH 0LOFKVWUDH EUDXFKWH HLQHQ VWDUNHQ 0DQQ XQG HU ZDU GXUFK GLH EHVRQGHUHQ 8PVWlQGH I|UPOLFK LQ GLHVH 5ROOH JHGUlQJW ZRUGHQ $XFK ZHQQ HU VFKHLQEDU XQJHOLHEW ZDU VR ZXWH HU ZLH GULQJHQG GLH *DODNWLNHU LKQ EHQ|WLJWHQ (U ZDU NHLQHVZHJVHLQ0LOLWDULVWDEHUGDHVNHLQHQJHHLJQHWHUHQ.DQGLGDWHQJDEKDWWHHU GDV $PW GHV .ULHJVPLQLVWHUV EHUQRPPHQ 8QG HU IOOWH HV QDFK EHVWHP :LVVHQ XQG *HZLVVHQ DXV DXFK ZHQQ VHOEVW VHLQH )UHXQGH PHLQWHQ GD HU GDV PLW ]X VWUHQJHU+DQGWDW 'LH 6FKLIIVWDXIH ZXUGH QRFKPDOV LQ $QJULII JHQRPPHQ XQG RKQH ZHLWHUH =ZLVFKHQIlOOH EHU GLH 5XQGHQ JHEUDFKW $EHU GLH ORFNHUH 6WLPPXQJ GLH ]X
%HJLQQJHKHUUVFKWKDWWHNHKUWHQLFKWPHKU]XUFN 'HU IROJHQGH 6WDSHOODXI IDQG XQWHU JURHP %HLIDOO VWDWW XQG IKUWH GLH (KUHQSDVVDJLHUH ZLH $GDPV 'HLJKWRQ XQG HLQLJH *DODNWLVFKH 5lWH DXI HLQH 5XQGUHLVHGXUFKGDV6RQQHQV\VWHP %HLP DEHQGOLFKHQ *DODGLQHU QDKP -HURPH 0RQWHIHUUR GHU (KUHQSUlVLGHQW YRQ '(/7$63$&(6 *DOEUDLWK 'HLJKWRQ NXU] EHLVHLWH XQG EHVFKZHUWH VLFK XQWHU YLHU $XJHQ EHU GLH VFKOHFKWH 5HNODPH GLH HU VHLQHP HKUJHL]LJHQ 3URMHNW PLW GLHVHU $ODUPEXQJEHVFKHUWKDWWH ³$EHU PHLQ OLHEHU -HURPH GX KDVW ZLUNOLFK NHLQHQ *UXQG ]XU .ODJH HUZLGHUWH 'HLJKWRQ VIILVDQW ³'X NDQQVW GHQ 9RUIDOO DOV :HUEHJDJ DXVJHEHQ XQG GHLQHQ SRWHQWLHOOHQ.XQGHQJHJHQEHUGDPLWDUJXPHQWLHUHQZLHZLFKWLJHVLVWHLQHLJHQHV 5DXPVFKLIIDOV)OXFKWP|JOLFKNHLW]XKDEHQ:HQQGXGDV]XP:HUEHVORJDQPDFKVW ZLUVWGXGLFKYRU$XIWUlJHQNDXPUHWWHQN|QQHQ ³,FK GHQNH QLFKW GDUDQ HUZLGHUWH -HURPH 0RQWHIHUUR HUERVW ³,FK PDFKH NHLQH *HVFKlIWHPLWGHU$QJVWGHU/HXWH ³'DQQPHOGHEHVVHUGHQ.RQNXUVDQ9LHOOHLFKWNDQQVWGXYRUKHUGHLQH7RFKWHUQRFK UDVFKYHUKHLUDWHQGHQQGDQDFKLVWVLHZRKONHLQHJXWH3DUWLHPHKU 'DV ZDU GHU $IWHU'RRPVGD\'HLJKWRQ ZLH PDQLKQVHLW GHU *URHQ .RVPLVFKHQ .DWDVWURSKH VHLW %HJLQQ GHU +DXUL.ULHJH XQG GHP $XIWDXFKHQ GHU &DQWDUR NDQQWHXQGNDXPHLQHUHULQQHUWHVLFKPHKUGDUDQGDHUQLFKWLPPHUVRHLQNDOWHU *HIKOVPHFKDQLNHUJHZHVHQZDU ³'XEUDXFKVWGLUGHLQHQ/HEHQVXQWHUKDOWQLFKWVHOEVW]XYHUGLHQHQ(O\VLDQVDJWH LKU9DWHU³(VLVWQLFKWVRGDZLUDP+XQJHUWXFKQDJHQQXUZHLOXQVHUH$QWHLOH DQ'(/7$63$&(6LKUHQ:HUWYHUORUHQKDEHQ ³'DG LFK ZLOO PLU QLFKW GHQ /HEHQVXQWHUKDOW YHUGLHQHQ VRQGHUQ (UIDKUXQJHQ VDPPHOQHLQIDFKPHLQ/HEHQLQGLH+DQGQHKPHQXQGVHOEVWJHVWDOWHQHUZLGHUWH VHLQH 7RFKWHU ³1XU GDUXP ELQ LFK LQ GLH .RVPLVFKH +DQVH HLQJHWUHWHQ 0HLQH 5DXPIDKUHUNHQQWQLVVHVLQGPLUGDEHLVHKU]XJXWHJHNRPPHQ (V ZDU DQ LKUHP *HEXUWVWDJ GD VLH GLHVHQ (QWVFKOX JHIDW KDWWH (V JDE NHLQH DXIJHEODVHQH 3DUW\ ZLH LQ GHQ -DKUHQ GDYRU (O\VLDQ KDWWH -HURPH GDUXP JHEHWHQPLWLKPDOOHLQVHLQ]XGUIHQ6LHKDWWHQDXFKLKUH0XWWHUHLQJHODGHQDEHU GLH ZDU VDXHU ZHLO -HURPH VHLQ 9HUP|JHQ YHUORUHQ KDWWH XQG VLH YRQ LKP QLFKW PHKUDXVJHKDOWHQZHUGHQNRQQWH ,KU9DWHUKDWWHLKUDOV*HVFKHQNGLH(/<6,$1EHUVFKULHEHQMHQH-DFKWDQGHUVLH DQ HLQHP 6RQQWDJ YRU IQI -DKUHQ GLH 6FKLIIVWDXIH YRUJHQRPPHQ KDWWH (U KDWWH DXI GLH (LJQHUXUNXQGH PLW GHU +DQG GLH HLQIDFKH :LGPXQJ JHVFKULHEHQ 6RQQWDJVNLQG]X6RQQWDJVNLQG'HLQ'LFKOLHEHQGHU9DWHU'HQQDXFKVHLQH7RFKWHUZDU DQHLQHP6RQQWDJGHQ0lU]JHERUHQZRUGHQQXUHEHQLP-DKUH ³'DVNDQQLFKQLFKWDQQHKPHQ'DGKDWWHVLHJHVDJW³hEHUVWHOOHGLH(/<6,$1ZLHGHU LQGLH7DKXQ)ORWWH ³:HQQ GX GLU ZHJHQ GHU ILQDQ]LHOOHQ $EZLFNOXQJ 6RUJHQ PDFKVW VR NDQQ LFK GLFK EHUXKLJHQ YHUVXFKWH -HURPH VLH XP]XVWLPPHQ ³'DQN $GDPV ,QWHUYHQWLRQ KDWPDQ VLFKVHKUNXODQWJH]HLJW 6LH YHUVXFKWH LKP NODU]XPDFKHQ GD VLH QLFKW PHKU GDV YHUZ|KQWH 7|FKWHUFKHQ DXV JXWHP +DXVH VHLQ ZROOWH 6LH EUDXFKWH NHLQHQ /X[XV VFKRQ JDU QLFKW HLQH
PLOOLRQHQVFKZHUH -DFKW 6LH KDWWH HV VLFK LQ GHQ .RSI JHVHW]W VLFK HLQH ([LVWHQ] ]X VFKDIIHQZROOWHYRQYRUQEHJLQQHQXQGGDVDXVDOOHLQLJHU.UDIW ,KU9DWHUWDWLKUOHLG(UVFKLHQJDUQLFKWUHDOLVLHUW]XKDEHQGDHUJDUQLFKWPHKUGHQ /HEHQVVWLOYRQHLQVW SUDNWL]LHUHQ NRQQWH(UPDFKWH VLFK VHOEVWZDVYRU ZROOWHGLH :LUNOLFKNHLW QLFKW ZDKUKDEHQ 1XU (O\VLDQ ZROOWH EHL GLHVHU 6HOEVWWlXVFKXQJ QLFKW PLWPDFKHQ -HURPH 0RQWHIHUUR ZDU ELV YRU NXU]HP GDV JHZHVHQ ZDV PDQ HLQHQ %HDX QHQQHQ NRQQWH(LQ+XQGHUWHUPLWHEHQPlLJHQPlQQOLFKNDQWLJHQ*HVLFKWV]JHQVFKZDU]HP YRQ JUDXHQ 6LOEHUIlGHQ GXUFK]RJHQHP +DDU LPPHU PRGLVFKNRQVHUYDWLY DEHU QLH QlUULVFKJHNOHLGHWHLQ*HQWOHPDQGHUDOWHQ6FKXOH $EHUMHW]WQXUZHQLJH-DKUHQDFKGHP=XVDPPHQEUXFKYRQ'(/7$63$&(6ZDUHU XP-DKUHJHDOWHUW 'HU &RXS GHV -DKUKXQGHUWV ZDU ]X HLQHP )ORS JHZRUGHQ 1LHPDQG VFKLHQ DQ /X[XVMDFKWHQ LQWHUHVVLHUW ]X VHLQ (V JDE NHLQHQ $EVDW]PDUNW IU GHQ (/<6,$1 6FKLIIVW\S ,Q GLHVHQ XQVLFKHUHQ =HLWHQ LQYHVWLHUWHQ GLH *DODNWLNHU GLH VLFK HLQH 5DXPMDFKW KlWWHQ OHLVWHQ N|QQHQ OLHEHU LQ :DIIHQ XQG 6FKXW]EXQNHU LQ =ZHLWZRKQVLW]HDXIDEJHOHJHQHQ:HLWHQ $OV '(/7$63$&(6 GDQQ *DOEUDLWK 'HLJKWRQV 5DW DXIJULII XQG GLH :HUEHNDPSDJQH DXI GLH $QJVW YRU GHQ %OLW]HUQ DXIEDXWH ZDU HV IU HLQHQ 5HWWXQJVYHUVXFKVFKRQ]XVSlW6ORJDQVZLH³(LQ)OXFKWVFKLIIZLHGLH(/<6,$1 XQG ³6FKQHOOHU DOV GLH %OLW]HU I|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lIW DEHU GXUFK ZHLWHUH ILQDQ]LHOOH 6WW]XQJ YRQ 6HLWHQ GHU +DQVH EHZDKUWH HV GLH $NWLRQlUH '(/7$63$&(6YRUGHPY|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lPOLFK HLQ :XQVFKNLQG JDQ] EHVRQGHUHU $UW $OV -HURPH PLW -DKUHQ GHU0HLQXQJZDUGDHV=HLWZDUHLQ.LQGLQGLH:HOW]XVHW]HQPDQDJWHHUGLH $QJHOHJHQKHLWDXIVHLQH:HLVH (U NDXIWH HLQH 0XWWHU VFKOR PLW LKU HLQHQ 9HUWUDJ DXI 9HU]LFKW GHV .LQGHV XQG OLH VLH PLW VHLQHP 6DPHQ NQVWOLFK EHIUXFKWHQ 6R FRRO HU GLH 6DFKH DXFK DQJHJDQJHQ ZDU VR ZHQLJ KDWWH HU HLQNDONXOLHUW GD HU IU VHLQ .LQGXQGGHVVHQ
/HLKPXWWHU HLQHV 7DJHV HFKWH *HIKOH ZUGH HQWZLFNHOQ N|QQHQ 'RFK JHQDX VR NDPHV(UJLQJPLW9HOGDHLQHQ(KHYHUWUDJHLQXQGZDU]ZHL-DKUHVSlWHUZLHGHU YRQ LKU JHWUHQQW 'HU .DPSI XP VHLQH 7RFKWHU NRVWHWH LKQ HLQ 9HUP|JHQ XQG 9HOGDKDQGHOWHIUVHLQH³DXVEHQGH9DWHUVFKDIWQRFK]XVlW]OLFKHLQHOHEHQVODQJH /HLEUHQWHDXV'DUXPWUDIVLHGHU1LHGHUJDQJYRQ'(/7$63$&(6DXFKVRKDUW -HURPHQDKPGDVDOOHVKLQGHQQVHLQH7RFKWHU(O\VLDQOLHEWHHUDOVHLQ]LJHV:HVHQ GHV8QLYHUVXPVZLUNOLFK 8QGDQLKUHP*HEXUWVWDJZROOWHHULKUGLHVH/LHEHGXUFKGLHVHVWHXUH*HVFKHQN HLQIUDOOHPDOEHZHLVHQ (O\VLDQ OLH VLFK VFKOLHOLFK GD]X EUHLWVFKODJHQ GLH -DFKW GLH LKUHQ 1DPHQ WUXJ HLQ-DKUODQJ]XEHQXW]HQXQGVLHGDQDFKDQGDV0HGR&HQWHU7DKXQ]XEHUJHEHQ -HURPHEHJQJWHVLFKGDPLW (O\VLDQ ZDU GLH HUVWH XQG HLQ]LJH +DQVH%HDXIWUDJWH GLH LKUH *HVFKlIWVUHLVHQ LQ HLQHU VQGWHXUHQ 3ULYDWMDFKW DEZLFNHOWH 1DFK $EODXI GLHVHV HLQHQ -DKUHV LQ GHP VLH YLHO XQWHU GHP 6SRWW LKUHU .ROOHJHQ ]X OHLGHQ KDWWH ZDU VLH IURK VLFK GLHVHU /DVWHQGOLFKHQWOHGLJHQ]XN|QQHQ 'LH (/<6,$1 JLQJ ZLHGHU LQ GHQ %HVLW] YRQ 7DKXQ EHU XQG EHI|UGHUWH IRUWDQ SV\FKLVFKJHVFKlGLJWH3DWLHQWHQ (O\VLDQZXUGHLP-DKUHLQV+DQVHNRQWRU0DUGL*UDVYHUVHW]W -HURPHVDKVHLQH7RFKWHUQXUQRFK]ZHLELVGUHLPDOLP-DKUXQGGDVDXFKQXUZHQQ HULKUQDFKUHLVWH$OVVLHQDFK0DUGL*UDVDEJHVWHOOWZXUGHYHUEUDFKWHHUGRUWGUHL 0RQDWH 8UODXE XP VHLQHU 7RFKWHU QDKH ]X VHLQ (V ZDUHQ GLH VFK|QVWHQ 7DJH VHLQHV/HEHQVZLHHULKUYHUVLFKHUWH(UZDUHLQHLQVDPHU0DQQJHZRUGHQ 8QGDP0lU]VWDUEHULQQHUOLFKJDQ] :HQLJH7DJHGDQDFKZLUNOLFK 'HQQ DP JLQJ GLH 1DFKULFKW GXUFK GLH *DOD[LV GD 0DUGL*UDV YRQ GHQ %OLW]HUQ YHUQLFKWHW ZRUGHQ ZDU 'HU ZLHGHUDXIHUVWDQGHQH 3HUU\ 5KRGDQ GHU VLFK PLW VHLQHQ )UHXQGHQ ]X GLHVHP =HLWSXQNW DXI GLHVHU .RQWRUZHOWDXIJHKDOWHQKDWWH XQG GHU +DQVH&KHI +RPHU * $GDPV NRQQWHQ VLFK LP OHW]WHQ $XJHQEOLFN UHWWHQ 'LH =HLW ELV ]XP YHUQLFKWHQGHQ %OLW]VFKODJ UHLFKWH VlPWOLFKHQ DXI 0DUGL*UDV EHILQGOLFKHQ 5DXPVFKLIIHQ ]XU )OXFKW 0LW LKQHQ NRQQWH GHU *URWHLO GHU %HY|ONHUXQJJHUHWWHWZHUGHQ (O\VLDQ0RQWHIHUURZDUXQWHUMHQHQGLHDXIGHUWRGJHZHLKWHQ:HOW]XUFNJHEOLHEHQ ZDUHQ -HURPHVFKLHGGUHL7DJHVSlWHUGXUFKHLQHhEHUGRVLV0HGLNDPHQWHDXVGHP/HEHQ 'DPLW ZDU GHU OHW]WH 7\FRRQ GHU QRFK DQ GDV 5DXPVFKLII,PSHULXP '(/7$ 63$&(6 HULQQHUWH QLFKW PHKU 1XU GLH 5DXPVFKLIIH YRP 7\S (/<6,$1 ZDUHQ QRFKDXI7DKXQLP(LQVDW] ,,)OXFKWYRUGHU=XNXQIW ³:DV ELVW GX QXU IU HLQ (LVEHUJ *DO VDJWH 9DQ\ WUDXULJ ³'D WDXFKHQ GHLQH EHVWHQ )UHXQGH DXI GLH *U|HQ GHU 0LOFKVWUDH PLW GHQHQ GX GLH SROLWLVFKH /DQGVFKDIWGHU0LOFKVWUDHJHIRUPWKDVWXQGGXKDVWQLFKWVDOV0LWUDXHQIUVLH EULJ ³(WZDV VWLPPW QLFKW PLW LKQHQ EHKDXSWHWH *DOEUDLWK 'HLJKWRQ ³6LH ZDUHQ ]ZHLXQGYLHU]LJ -DKUH YHUVFKROOHQ XQG GDQQ VFKQHLHQ VLH LQ XQVHUH =HLW DOV VHL
QLFKWVJHZHVHQ'DVLVWNHLQ=XIDOO'DVWHFNWLUJHQGHLQH7HXIHOHLGDKLQWHU 6HOEVW 9DQLW\ )DLU PXWH ]XJHEHQ GD GDV ZXQGHUVDPH (UVFKHLQHQ YRQ 3HUU\ 5KRGDQ XQG VHLQHQ )UHXQGHQ UHFKW VHOWVDP DQPXWHWH 'LH 7DWVDFKH GD VLH PLW LKUHP 5DXPVFKLII DXV HLQHP %ODFN +ROH DXIWDXFKWHQ GDV DOV EHVRQGHUV FDQWDUR JHIlKUGHWJDOWVSUDFKIU*DOV9HUGDFKWGDGDLUJHQGHWZDVQLFKWVWLPPWH $EHU GD 9DQ\ QLFKW VR QHJDWLY ZLH *DO GDFKWH YHUVXFKWH VLH DQGHUH (UNOlUXQJHQ ]XILQGHQGLHQLFKWJHJHQ5KRGDQXQG)UHXQGHVSUDFKHQ6LHZDUQLFKWZLHHUYRQ YRUQKHUHLQ JHJHQ VLH HLQJHVWHOOW 8QG GDUXP YHUDFKWHWH VLH VLFK IU LKUH 6SLW]HOWlWLJNHLW *DOEUDLWK'HLJKWRQZDUVRJDUVRZHLWJHJDQJHQ5KRGDQXQGGLHDQGHUHQDOV.ORQH GHU&DQWDUR]XYHUGlFKWLJHQ(VZDUHQVFKRQ$QGURLGHQXQG.ORQHYRQEHNDQQWHQ *DODNWLNHUQ DXIJHWDXFKW HEHQVR ZLH JHNORQWH 0XWDQWHQ PLW SDUDSV\FKLVFKHQ )lKLJNHLWHQ ZDV VFKOLHOLFK ]XU 9HUDEVFKLHGXQJ GHU $QWL0XWDQWHQ*HVHW]H JHIKUWKDWWH $EHU GHU *HGDQNH GD 5KRGDQ XQG GLH DQGHUHQ )UHXQGH *DOV =FKWXQJHQ GHU &DQWDUR VHLQ N|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lLJNHLWHQ XP QLFKW ]X VDJHQ *HVFKLFKWVIlOVFKXQJHQ LQ GHU RIIL]LHOOHQ 0LOFKVWUDHQFKURQLN JHVWRHQ XQG KDWWH *DOEUDLWK 'HLJKWRQ DXIJHVXFKW XP LKQGDUDXIDXIPHUNVDP ]X PDFKHQ $EHU GDPLW ZDU VLH DQ GHQ IDOVFKHQ 0DQQ JHUDWHQ GHQQ VHLQH GURKHQGH +DOWXQJ OLH NHLQHQ =ZHLIHO GDUEHU GD HU PLW LQ GLHVH 0DQLSXODWLRQ YHUVWULFNW ZDU 'LH IROJHQGHQ -DKUH ZDUHQ IU 9DQ\ HLQ 6SLHUXWHQODXIHQ JHZHVHQ ELV VLH VFKOLHOLFK LKUHQ %HUXI DQ GHQ 1DJHO KlQJWH XQG DXI 2UWXQJVVSH]LDOLVWLQ XPVDWWHOWH $OV VROFKH KDWWH VLH DQ %RUG GHU :DFKVWDWLRQ 3(56,,, 'LHQVW JHWDQ DOVGLH+$/87$PLW 3HUU\5KRGDQXQGGHQDQGHUHQ7RWJHJODXEWHQDQ%RUGDXV GHP3HUVHXV%ODFN+ROHDXIWDXFKWH 'LHVHP =XIDOO XQG GHU 7DWVDFKH GD VLH VLFK DOV *HVFKLFKWVIRUVFKHULQ PLW GHP 6FKLFNVDO GHU YHUVFKROOHQHQ 7DUNDQ)ORWWH EHVFKlIWLJW KDWWH YHUGDQNWH VLH HV GD *DOEUDLWK'HLJKWRQVLHPLWHLQHP6SH]LDODXIWUDJEHGDFKWH 6LH VROOWH DOV 5KRGDQV XQG %XOOV %HUDWHULQ GLHVH EHVSLW]HOQ *DO VDJWH HV QLFKW VR GLUHNWDEHUHUPHLQWHHVVR 6LHQDKPGHQ$XIWUDJDQREZRKOHULKUZLGHUVWUHEWH,KUH6\PSDWKLHQKDWWHQMHQH JHJHQGLHVLHWlWLJVHLQVROOWHXQGLKUH9HUDFKWXQJJHK|UWHGHP0DQQGHULQGHU 9HUJDQJHQKHLW LKU /HEHQ ]HUVW|UW KDWWH XQG GHU VLH QXQ ]X GLHVHP ZLGHUZlUWLJHQ 7XQ]ZDQJ (UJODXEWHVLHPLWGLHVHP$XIWUDJ]XHKUHQXQGPHLQWHZRKODXFKGDHVHLQH$UW :LHGHUJXWPDFKXQJ IU GDV VHL ZDV HU LKU DQJHWDQ KDWWH *DO KDWWH LKU VRJDU DQJHERWHQLKU*HOLHEWHU]XZHUGHQDEHUGDQNHQHLQ *DOZDUPLWLKUHQ%HULFKWHQQLFKW]XIULHGHQ
³'DPXPHKUKHUDXV]XKROHQVHLQVDJWHHU³'LHVH1XOODFKWIQI]HKQ*HVSUlFKH DQ GHQHQ GX EHWHLOLJW ELVW VLQG GRFK QXU 7DUQXQJ ,FK P|FKWH HWZDV EHU GLH JHKHLPHQ $EVSUDFKHQ HUIDKUHQ 'X N|QQWHVW HV VFKDIIHQ 9DQ\ 'X ELVW DWWUDNWLY ZDUXP VHW]W GX GHLQH ZHLEOLFKHQ :DIIHQ QLFKW HLQ" 6FKODIH PLW 5KRGDQ RGHU EHVVHU QRFK %XOO GHU LVW )UDXHQ JHJHQEHU DQIlOOLJHU :HQQ HV VHLQ PX KLOI HLQ ZHQLJPLW'URJHQQDFK 9DQ\ ZXUGH IDVW EHO DEHU VLH KDWWH DXFK GLHVHQ $XIWUDJ DXVJHIKUW $OOHUGLQJV QLFKW XP GLHVH EHLGHQ 0lQQHU IU *DO DXV]XKRUFKHQ VRQGHUQ XP HLQ .LQG ]X EHNRPPHQ'RFKGDVEHKLHOWVLHIUVLFK ,KUH%HULFKWHDQ*DOEOLHEHQZHLWHUQLFKWVVDJHQGVLHYHUULHWLKPQLFKWHLQPDOLKUH 9HUPXWXQJHQ GLH ZHQQ DXFK DXI DQGHUH :HLVH YLHOOHLFKW HEHQVR KDDUVWUlXEHQG ZDUHQZLH*DOV9DQ\WHQGLHUWHQlPOLFKPHKU]X*HRIIU\:DULQJHUV$QVLFKWGD 5KRGDQXQGVHLQH)UHXQGH=HLWUHLVHQGHZDUHQGLHDXVGHU9HUJDQJHQKHLWDXVGHP -DKUHDOVRMHQHP-DKULQGHPVLHYHUVFKROOHQZDUHQLQ GLHVH=HLW YHUVFKODJHQ ZRUGHQ ZDUHQ 'DV ZlUH DXFK HLQH (UNOlUXQJ GDIU JHZHVHQ ZDUXP VLH VR JHKHLPQLVYROOWDWHQ 'RFK 9DQ\ GLH GHQ HQJVWHQ .RQWDNW YRQ DOOHQ ]X GHQ ³=HLWUHLVHQGHQ KDWWH JODXEWHHQWJHJHQ:DULQJHUV$QVLFKWGDVLHDXVHLQHUIHUQHQ=XNXQIWJHNRPPHQ ZDUHQXPNRUULJLHUHQGLQGLH9HUJDQJHQKHLWHLQ]XJUHLIHQ 8QG QDFKGHP VLH GLHVH .RUUHNWRU YRUJHQRPPHQ KDWWHQ ZDUHQ VLH ZLHGHU LQ LKUH (LJHQ]HLW ]XUFNJHNHKUW 'LHVH hEHUOHJXQJHQ WHLOWH VLH *DOEUDLWK'HLJKWRQMHGRFK QLHPLWZLHVLHDOOHLKUH*HGDQNHQIUVLFKEHKLHOW 1DFK GHP 9RUIDOO DXI 2O\PS ZDU 9DQ\ IHVW GDYRQ EHU]HXJW JHZHVHQ GD GLH 9HUKLQGHUXQJ GHV $WWHQWDWV DXI GLH JDODNWLVFKH )KUXQJVVSLW]H LKU =LHO JHZHVHQ ZDU GHQQ EDOG GDUDXI YHUVFKZDQG 5KRGDQ PLW VHLQHQ )UHXQGHQ IU LPPHU DXI GHPVHOEHQ :HJ DXI GHP VLH JHNRPPHQ ZDUHQ QlPOLFK GXUFK GDV 3HUVHXV%ODFN +ROH 'LH )DNWHQ VLQG EHNDQQW &DSWDLQ $KDE KDWWH DXI 2O\PS HLQH .RQIHUHQ] PLW 9HUWUHWHUQ GHU &DQWDUR YHUHLQEDUW 'LH *DODNWLNHU GXUIWHQ QXQ DXI HLQH IULHGOLFKH /|VXQJGHU3UREOHPHKRIIHQGHQQHVJHVFKDK]XPHUVWHQPDOGDVLFKGLH&DQWDUR YHUKDQGOXQJVEHUHLW ]HLJWHQ 'RFK WDWVlFKOLFK ZDU HLQHU GHU &DQWDUR HLQH OHEHQGH %RPEH JHZHVHQ PLW GHU $EVLFKW GXUFK 6HOEVW]QGXQJ GLH JHVDPWH JDODNWLVFKH )KUXQJVVSLW]HPLWHLQHP6FKODJ]XYHUQLFKWHQ $XIMHQHU=HLWHEHQHYRQGHU5KRGDQXQGVHLQH)UHXQGHVWDPPWHQZDUGDV$WWHQWDW YHUPXWOLFK JHOXQJHQ XQG KDWWH IU GLH JDQ]H 0LOFKVWUDH YHUKHHUHQGH )ROJHQ JHKDEW9DQ\PRFKWHVLHVLFKLP(LQ]HOQHQQLFKWDXVPDOHQ6LHPXWHQMHGRFKVR VFKUHFNOLFKJHZHVHQVHLQGD5KRGDQEHVFKORGHQ6SUXQJLQGLH9HUJDQJHQKHLW ]XZDJHQXPGDV$WWHQWDW]XYHUKLQGHUQ'DQNGHUWHOHSDWKLVFKHQ)lKLJNHLWHQGHV 0DXVELEHUV *XFN\ ZDU HV VFKOLHOLFK DXFK JHOXQJHQ GHQ VHOEVWP|UGHULVFKHQ &DQWDUR ]X HQWODUYHQ XQG GLH OHEHQGH %RPEH ]X HQWVFKlUIHQ VR GD NHLQHU ]X 6FKDGHQNDP 1DFK%HHQGLJXQJLKUHU0LVVLRQZDUHQ5KRGDQXQGGLHDQGHUHQ=HLWUHLVHQGHQEHU GDV3HUVHXV%ODFN+ROHLQLKUH(LJHQ]HLW]XUFNJHNHKUWXQGKRIIHQWOLFKKDWWHQVLH HLQHEHVVHUH:HOWYRUJHIXQGHQ 6RKDWWH9DQ\]XHUVWJHGDFKW $EHUVSlWHUDOVVLHIHVWVWHOOWHGDVLHYRQ5HJLQDOG%XOOVFKZDQJHUZDUZDUVLH]X
GHUhEHU]HXJXQJJHNRPPHQGDGLHVGLHHLJHQWOLFKHRGHUDXFKGLH]ZHLWH0LVVLRQ GHU=HLWUHLVHQGHQJHZHVHQVHLQNRQQWH 1DFKGHPQXU]ZHL0RQDWHGDXHUQGHQ$XIWULWW5KRGDQVLQGLHVHU=HLWXQGVHLQHP XQG VHLQHU )UHXQGH VSHNWDNXOlUHQ 9HUVFKZLQGHQ EHJDQQ *DOEUDLWK 'HLJKWRQ IXUFKWEDU ]X WREHQ (U EHVFKXOGLJWH +RPHU * $GDPV *HRIIU\ $EHO :DULQJHU &DSWDLQ$KDEXQGVHOEVWGHQ9DULRHLQHV.RPSORWWVJHJHQLKQRKQHIUHLOLFKIU VHLQH%HKDXSWXQJHQ%HZHLVHHUEULQJHQXQGJHJHQVLHYRUJHKHQ]XN|QQHQ *DOV HLQ]LJH RIIL]LHOOH 0DQDKPH EHVWDQG GDULQ 3HUU\ 5KRGDQV 7RG ]XP ]ZHLWHQPDO GRNXPHQWLHUHQ ]X ODVVHQ XQG JHVFKLFKWOLFK ]X YHUDQNHUQ (U PDFKWH DXVGHQ=HLWUHLVHQGHQ0lUW\UHULP.DPSIJHJHQGLH&DQWDUR ,QVJHKHLPZDUHUMHGRFKYLHODNWLYHU 9DQ\ ZDU SHUV|QOLFK QXU DQ HLQHU $NWLRQ EHWHLOLJW HV ZDU GLH OHW]WH LP 'LHQVW 'HLJKWRQVEDOGGDQDFKWDXFKWHVLHXQWHU ³:LU JHKHQQDFK7DKXQEHVFKOR *DOEUDLWK'HLJKWRQXQGOLH9DQLW\)DLUNHLQH &KDQFH]XU:LGHUUHGH .DXP DXI 7DKXQ HLQJHWURIIHQ QDKP VLFK *DOEUDLWK 'HLJKWRQ VRIRUW GHQ $UD 0HGL]LQLHU (OIURP YRU XQG XQWHU]RJ LKQ HLQHP VWUHQJHQ 9HUK|U (OIURP ZDU *UXSSHQWKHUDSHXW DXI GHP 0HGR6FKLII (/<6,$1 GDV ]ZHL YRQ 5KRGDQV %HJOHLWHUQ QlPOLFK GHQ $WWDYHQQR %HRGX XQG GHQ EDUEDULVFKHQ +XPDQRLGHQ &RYDU ,QJXDUG DOV 3DWLHQWHQ XQG ]HLWZHLVH DXFK 5KRGDQV 7RFKWHU (LUHQH DQ %RUG JHKDEWKDWWH *DO HUKRIIWH VLFK YRQ GHP $UD ,QIRUPDWLRQHQ GLH VHLQHQ 9HUGDFKW GD 5KRGDQ XQGGLHDQGHUHQ$JHQWHQGHU&DQWDURJHZHVHQZDUHQEHVWl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lWWHHUDXFKVFKRQYLHOPLWGHP ³*HIKOVSURWRNROO HLQHU ZHUGHQGHQ )UDX DQIDQJHQ N|QQHQ (V JLQJ GHQ .ULHJVPLQLVWHUHLQIDFKQLFKWVDQIDQG9DQ\GDVLFK(LUHQH]X&RYDU,QJXDUGDXI UHFKWYHU]ZLFNWH:HLVHKLQJH]RJHQIKOWHXQGZDVVLHJHJHQEHUGHP$WWDYHQQR %HRGXHPSIDQG'DUDXVNRQQWHPDQNHLQHQSROLWLVFKHQ1XW]HQ]LHKHQ 'DUXP HQWVFKOR VLFK 9DQ\ DOV LKU YRQ HLQHP 7HFKQLNHU GLH 0|JOLFKNHLW JHERWHQ ZXUGH GLHVHQ 6\QWURQVSHLFKHU ]X YHUVLHJHOQ 'LHVHU 6SHLFKHUEORFN ZUGH ZHLWHUKLQ 'DWHQ LQ VLFK DXIQHKPHQ VRODQJH GHU %RUGV\QWURQ DNWLY ZDU DEHU NHLQHQ =XJULII DXI GLHVH 'DWHQ HUODXEHQ (V ZDU VRPLW VR DOV JlEH HV GLHVHQ 6SHLFKHUEORFNEHUKDXSWQLFKW'LH(/<6,$1EHVDVRPLWHLQ]ZHLWHVJHKHLPHV/RJ 1DFKGHP 9DQ\ GLHVH 0DQLSXODWLRQ YRUJHQRPPHQ KDWWH NDP LKU GHU *HGDQNH GD
ZHQQ GLHVHV ]ZHLWH /RJ ELV ]XU 9HUVFKURWWXQJ GHU (/<6,$1 JHKHLP EOLHEH XQG YLHOOHLFKW LQ -DKU]HKQWHQ RGHU -DKUKXQGHUWHQ HUVW YRQ MHPDQGHP JH|IIQHW ZHUGHQ ZUGHHVHLQXQYHUIlOVFKWHVJHVFKLFKWOLFKHV'RNXPHQWGDUVWHOOHQZUGH (LQH ZDKUH &KURQRORJLH GHU 0LOFKVWUDHQJHVFKLFKWH GLH QLFKW YRQ 6WUDWHJHQ ZLH *DOEUDLWK'HLJKWRQYHUIlOVFKWZRUGHQZDU $OVLKUGLHVEHZXWZXUGHYHUWUDXWHVLHGHP/RJGHU(/<6,$1DOOLKUH*HGDQNHQ XQG(UOHEQLVVHDQ'DQDFKIKOWHVLHVLFKOHLFKWHUVRDOVKlWWHVLHHLQHQ9HUEQGHWHQ GHP VLH LKUH *HKHLPQLVVH DQYHUWUDXHQ NRQQWH 9LHOOHLFKW KDWWH VLH LQ HLQLJHQ -DKUHQ *HOHJHQKHLW ZLHGHU DQ %RUG GHU (/<6,$1 ]X NRPPHQ XQG GDQQ DXI GLHVHV /RJ ]XUFN]XJUHLIHQXQG(LQEOLFNLQGLH6FKLFNVDOHDQGHUHU]XQHKPHQ 6LHZDUDXIHLQPDOZLHGHUGLHHQJDJLHUWH*HVFKLFKWVIRUVFKHULQXQGPHKU QRFKVLH QDKPVLFKVSRQWDQYRUYRQQXQDQZLHGHUGHQ)LQJHUDP3XOVGHU=HLW]XKDOWHQ $EHUHVNDPDOOHVJDQ]DQGHUV 9DQ\ HUIXKU GD VLH VFKZDQJHU ZDU XQG ]ZDU YRQ 5HJLQDOG %XOO XQG GLHV YHUlQGHUWH LKU /HEHQ YROONRPPHQ 'HQQ HUVWHQV GXUIWH QLHPDQG HUIDKUHQ ZHU GHU 9DWHU LKUHV .LQGHV ZDU XQG ]ZHLWHQV PXWH VLH GLHVHV .LQG DQ HLQHP JHKHLPHQ 2UW ]XU :HOW EULQJHQ 6LH NRQQWH *DO ]ZDU QLFKW LKUH EHYRUVWHKHQGH 0XWWHUVFKDIW YHUVFKZHLJHQ DEHU HV ZDU LKU P|JOLFK GHQ 9HUGDFKW YRP 9DWHU LKUHV .LQGHV DE]XOHQNHQ $EHU LKU ZDU NODU GD ZHQQ *DO HV GDUDXI DQOHJWH GLH :DKUKHLW KHUDXVILQGHQNRQQWH'DVEHGHXWHWHGDVLHLUJHQGZDQQXQWHUWDXFKHQXQGHLQHQHXH ([LVWHQ]JUQGHQPXWH (V ZDU DOV KlWWH 9DQ\ HLQHQ VHFKVWHQ 6LQQ EHVHVVHQ GD VLH IUK]HLWLJ LKUH 9RUEHUHLWXQJHQIUHLQHQHXH([LVWHQ]WUDI 'HQQ EHU GHU 0LOFKVWUDH GlPPHUWH GHU %HJLQQ HLQHU GVWHUHQ =HLW HV ZDU GLH 'lPPHUXQJGHUGXQNHOVWHQ-DKUKXQGHUWHGLHVHU*DOD[LV :RFKHQ QDFK GHP 9HUVFKZLQGHQ 5KRGDQV XQG VHLQHU )UHXQGH ZXUGH JHPHOGHW GD+RPHU * $GDPV PLW HLQHU .RJJH ]X HLQHU ([SHGLWLRQ DXIJHEURFKHQ VHLXP QHXH 0lUNWH IU GLH .RVPLVFKH +DQVH ]X HUVFKOLHHQ ,QQHUKDOE GHU .RVPLVFKHQ +DQVH ZXUGH XQWHU GHU +DQG MHGRFK GDV *HUFKW JHKDQGHOW GD HU VLFK DXI GLH 6XFKHQDFK3HUU\5KRGDQXQGGHQDQGHUHQJHPDFKWKlWWH $GDPVEOLHEYLHOH0RQDWHYHUVFKROOHQ ,P -DQXDU KDWWH *DOEUDLWK 'HLJKWRQ HLQHQ VFKZHUHQ 8QIDOO EHU GHQ QLFKWV *HQDXHV EHNDQQW ZXUGH 1DFK VHLQHU *HQHVXQJ HUNOlUWH *DO GD HU QXU GDQN GHU JHQWHFKQLVFKHQ.XQVWGHU&DQWDUREHUOHEWKDEH:DVLKPJHQDXZLGHUIDKUHQZDU GDVYHUULHWHUQLFKWDEHUHU]HLJWHVLFKYRQQXQDQQXUQRFKLQHLQHP6FKXW]SDQ]HU EHUGHQHUVDJWHGDHVHLQH$UW8EHUOHEHQVWDQNVHL 0DQ VDK *DOEUDLWK 'HLJKWRQ QLH PHKU ZLHGHU RKQH GLHVH 5VWXQJ ,Q GLHVHU 9HUPXPPXQJXQWHU]HLFKQHWHHUDXFKGHQ)ULHGHQVSDNWPLWGHQ&DQWDUR =X GLHVHP =HLWSXQNW ZDU +RPHU * $GDPV LPPHU QRFK YHUVFKROOHQ XQG 9DQ\ KRIIWHIULKQGDHU]XVHLQHQ)UHXQGHQJHVWRHQVHLQP|JHXQGPLWLKQHQYHUHLQW VHLHJDOLQZHOFKHU=HLW $EHUGLHVH+RIIQXQJHUIOOWHVLFKQLFKW1DFK0RQDWHQYHUJHEOLFKHU6XFKHWDXFKWH GHU+DQVH&KHIZLHGHULQGHU0LOFKVWUDHDXI 8QG HU IDQG EHL VHLQHU 5FNNHKU HLQH DQGHUH :HOW YRU HLQH Y|OOLJ YHUlQGHUWH 0LOFKVWUDH GLH YRQ GHQ &DQWDUR GXUFK HLQHQ XQGXUFKGULQJOLFKHQ :DOO YRP EULJHQ8QLYHUVXPKHUPHWLVFKDEJHULHJHOWZRUGHQZDU
,,,'HU*HIDQJHQHGHV6\VWHPV 'HU NUXPPH 0DQQ KDWWH NHLQHQ =HLWEHJULII PHKU (U OHEWH LQ HZLJHU 'XQNHOKHLW NHLQ/LFKWVWUDKOHUUHLFKWHLKQMHXPLKQZDUHQQXU*HUlXVFKH'DVHLQH%OLQGKHLW GDV *HK|U VFKlUIWH NRQQWH HU GLH YHUVFKLHGHQHQ *HUlXVFKH LQ]ZLVFKHQ DXVHLQDQGHUKDOWHQ (U ZXWH LP YRUDXV ZDQQ GLH 5RERWLN XP LKQ DNWLY ZXUGH ZDQQ GDV %HREDFKWXQJVV\VWHP HLQJHVFKDOWHW ZXUGH ZHOFKH *HUlXVFKH HV YHUXUVDFKWH ZDQQ VHLQHPHGL]LQLVFKH9HUVRUJXQJDQOLHIXQGVRZHLWHUXQGVRIRUW(UJODXEWHVRJDU ELV LQ GHQ 8OWUDVFKDOOEHUHLFK K|UHQ ]X N|QQHQ GHQQ ZHQQ (VVHQV]HLW ZDU VR ZXUGHHLQNDXPZDKUQHKPEDUHUKRFKJHODJHUWHU7RQK|UEDU (LQ8OWUDVFKDOO*RQJGDYRQZDU+RPHU*$GDPVEHU]HXJW 8QGHUNRQQWHLKQK|UHQ $EHU GDV ZDU ZRKO QXU (LQELOGXQJ HV VHL GHQQ GLH &DQWDUR KlWWHQ LUJHQGZHOFKH JHQHWLVFKHQ 9HUVXFKH PLW LKP DQJHVWHOOW GLH VHLQH ODWHQWHQ SDUDSV\FKLVFKHQ )lKLJNHLWHQ I|UGHUWHQ (V ZDU EHNDQQW GD GLH &DQWDUR YLHO PLW 0XWDQWHQ H[SHULPHQWLHUWHQ :DUXP HU ZXWH GD HU LQ *HIDQJHQVFKDIW YRQ &DQWDUR ZDU REZRKO HU QRFK NHLQHQ YRQ LKQHQ JHVHKHQ KDWWH ² XQG REZRKO HU LQ]ZLVFKHQ VLFKHU ZDU QDFK 7DKXQJHEUDFKWZRUGHQ]XVHLQ" *DQ] HLQIDFK (V ZDU HLQ %XFNHOVFKLII GHU &DQWDUR JHZHVHQ GDV VHLQH .RJJH DQJHJULIIHQXQGDXIJHEUDFKWKDWWH(VZDUHQXQEHNDQQWH5RERWHUJHZHVHQGLHLKQ XQGGLHDQGHUHQhEHUOHEHQGHQDXIGDV%XFNHOVFKLIIJHEUDFKWKDWWHQ8QGPLWGHP %XFNHOVFKLIIZDUHQVLH]XHLQHUDWPRVSKlUHORVHQ:HOWJHEUDFKWZRUGHQZR+RPHU * $GDPV LQ HLQHU VXESODQHWDUHQ $QODJH IU XQEHVWLPPWH =HLW LQ (LQ]HO 'XQNHOKDIWJHKDOWHQZXUGH 8QGZHUVRQVWDOV&DQWDURVROOWHGDV%XFNHOVFKLIIJHVWHXHUWKDEHQ" (LJHQWOLFK NRQQWH HU IURK VHLQ GD GLH &DQWDUR VHLQH .RJJH QLFKW PLW LKUHQ %OLW]HUZDIIHQ]HUVW|UWKDWWHQ6RZDUHUZHQLJVWHQVQRFKDP/HEHQ(UZXUGHDXFK QLFKWJHIROWHUWZHQQPDQYRQGHUSV\FKLVFKHQ)ROWHUGHU'XQNHOKHLWDEVDKXQGHU ZXUGHLQVJHVDPWJXWYHUVRUJW 0DQ OLH LKP VRJDU VHLQHQ =HOODNWLYDWRU GDV KHLW HLQPDO KDWWH VLFK LUJHQG MHPDQG LQ VHLQ 9HUOLHV JHVFKOLFKHQ $GDPV KDWWH GLH $QZHVHQKHLW HLQHV IUHPGHQ :HVHQV I|UPOLFK N|USHUOLFK JHVSUW (U KDWWH NDXP ZDKUQHKPEDUH *HUlXVFKH UHJLVWULHUW GLH HU NHLQHP 0HQVFKHQ XQG DXFK VRQVW NHLQHP JDODNWLVFKHQ :HVHQ ]XRUGQHQNRQQWH8QGHUKDWWHGHQ(LQGUXFNJHKDEWGDGHU)UHPGHHVDXIVHLQHQ =HOODNWLYDWRUDEJHVHKHQKlWWH$EHUVLFKHUNRQQWHHUVLFKGHVVHQQLFKWVHLQGHQQHU NDP QLFKW HLQPDO DXI 7XFKIKOXQJ PLW GHP 8QEHNDQQWHQ XQG VHLQ =HOODNWLYDWRU ZXUGHQLFKWDQJHUKUW(VZDUQXUHLQXQEHVWLPPWHV*HIKO (U KDWWH JDU QLFKW PLWEHNRPPHQ GD HU YRQ VHLQHP XUVSUQJOLFKHQ *HIlQJQLV LQ HLQ DQGHUHV JHEUDFKW ZRUGHQ ZDU ,UJHQGZDQQ ZDU HU HLQJHVFKODIHQ XQG GDQQ LQ DQGHUHU 8PJHEXQJ DXIJHZDFKW $XFK KLHU ZDU HU YRQ DEVROXWHU )LQVWHUQLV XPJHEHQ $OOPlKOLFK NDPHU ]X GHU hEHU]HXJXQJ GDHU VLFKDXI 7DKXQ EHIDQG(UNDQQWH NHLQH DQGHUH :HOW LQ GHU 0LOFKVWUDH PLW GLHVHP DXVJHNOJHOWHQ XQG XPIDQJUHLFKHQ URERWLVFKPHGL]LQLVFKHP ,QVWUXPHQWDULXP ZLH HV DXI LKQ
NRQ]HQWULHUWZDU1DWUOLFKZDUHQDXFKXQEHNDQQWH*HUlWHDXILKQJHULFKWHWEHNDP HU%HKDQGOXQJHQGLHHUQLFKW]XRUGQHQNRQQWHDEHUHVZDUHEHQHLQH0LVFKXQJYRQ JDODNWLVFKHUXQGFDQWDULVFKHU7HFKQLN 'DVVFKLHQHLQ$QDFKURQLVPXV]XVHLQGHQQZLHZlUHQ&DQWDURDXIGLHVHJDODNWLVFKH 0HGR:HOW JHNRPPHQ 'LH &DQWDUR PRFKWHQ JHKHLPH 6WW]SXQNWH DXI XQEHZRKQWHQ:HOWHQGHU0LOFKVWUDHKDEHQDEHUQLFKWDXI7DKXQ 0|JOLFK DEHU DXFK GD HU OlQJVW ZDKQVLQQLJ JHZRUGHQ ZDU (U ZDU GDQN VHLQHU =HOODNWLYDWRU N|USHUOLFK VR ILW ZLH MH DEHU RE DXFK VHLQ *HLVW QRFK LQ 2UGQXQJ ZDU GDUDXIPRFKWHHUQLFKWZHWWHQ $GDPV IUDJWH VLFK LPPHU ZLHGHU ZLH HV LQ]ZLVFKHQ DXHUKDOE VHLQHV *HIlQJQLVVHV DXVVDK0|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|HU ZXUGH QXU QRFK DQ VLFK 8QG HU GDFKWHDQ)OXFKW (U QXW]WH VHLQ DEVROXWHV *HK|U QLFKW QXU XP YRUDXVVDJHQ ]X N|QQHQ ZHOFKHU %HKDQGOXQJ HU XQWHU]RJHQ ZHUGHQVROOWH VRQGHUQ ODXVFKWHDXFKYHUVWlUNW DXI DQGHUH *HUlXVFKH GHV URERWLVFKHQ 6\VWHPV (U K|UWH RIW VWXQGHQODQJ GLH :lQGH DE XP GHQ VLFK GDKLQWHU DEVSLHOHQGHQ WHFKQLVFKHQ 9RUJlQJHQ GHV 6LFKHUKHLWVV\VWHPV QDFK]XJHKHQ 8QG DOVEDOG NRQQWH HU GLH IU GDV 6\VWHP W\SLVFKHQ *HUlXVFKIROJHQ PLW KXQGHUWSUR]HQWLJHU 7UHIIVLFKHUKHLW GHXWHQ 6R IDQG HU KHUDXV GD HU QLFKW XQWHU VWlQGLJHU %HREDFKWXQJ VWDQG (LQHU NXU]HQ 3KDVH LQ GHU GDV :DFKV\VWHP HLQJHVFKDOWHWZDUIROJWHHLQHOlQJHUH3HULRGHGHU,QDNWLYLWlW(UPDFKWHVLFKVRJDU GLH 0KH GLH 6HNXQGHQ PLW]X]lKOHQ VR GD HU KHUDXVIDQG GD HU QDFK HLQHU KDOEVWQGLJHQ%HREDFKWXQJVSKDVHIUIQI6WXQGHQXQEHREDFKWHWZDU'DPLWKDWWH HUVLFKJOHLFK]HLWLJDXFKHLQH0|JOLFKNHLW]XU=HLWPHVVXQJJHVFKDIIHQ 'UHL0RQDWHEUDXFKWHHUIUVHLQH)OXFKWYRUEHUHLW XQJHQ +RPHU * $GDPV ZDU ]HLW VHLQHV /HEHQV GHU W\SLVFKH +RPR RHFRQRPLFXV JHZHVHQHLQ0HQVFKDOVRPLWDXVVFKOLHOLFKZLUWVFKDIWOLFKHU2ULHQWLHUXQJ$EHULQ GLHVHQGUHL0RQDWHQZXUGHHU]XP7HFKQLNHU 'D HU QDWUOLFK OlQJVW ZXWH ZR GLH 6FKDOWHOHPHQWH IU GLH 6LFKHUXQJ VHLQHU =HOOHQWU ]X VXFKHQ ZDUHQ JHODQJ HV LKP LQ GHQ 0RPHQWHQ LQ GHQHQ HU QLFKW XQWHU %HREDFKWXQJ VWDQG GLH :DQGYHUNOHLGXQJ DE]XQHKPHQ XQG DQ GLH 6WHXHUHOHPHQWH ]X JHODQJHQ 6FKRQ QDFK HLQHP 0RQDW ZDU HU LQ GHU /DJH GLH =HOOHQWU]X|IIQHQ'DVHUVFKLHQLKPQXQNLQGHUOHLFKW'RFKHVUHLFKWHLKPQLFKW EOR DXV VHLQHU=HOOH ]X VSD]LHUHQ XP QDFK ZHQLJHQ 0LQXWHQ ZLHGHU HLQJHIDQJHQ ]XZHUGHQ (UZROOWH)UHLKHLWIULPPHU 'DUXP JLQJ HU GDUDQ VLFK GDV ZHLWHUUHLFKHQGH .RPPXQLNDWLRQVQHW] ]XQXW]H ]X
PDFKHQ (U HQWZLFNHOWH HLQ 3UIJHUlW PLW GHP HU VlPWOLFKH /HLWXQJHQ DQ]DSIHQ NRQQWH 'LH %DXWHLOH GDIU OLHIHUWH LKP HLQ XQJHQXW]WHV (OHPHQW GHV .RPPXQLNDWLRQVQHW]HV GLHVHV HQWKLHOW DOOHV ZDV HU ]XP ,PSURYLVLHUHQ HLQHU $EK|UDQODJHEUDXFKWH (V ZDU HLQ XQYHUJOHLFKOLFKHV (UOHEQLV DOV HU ]XP HUVWHQPDO HLQ *HVSUlFK DEK|UWH XQGVHLQH9HUPXWXQJEHVWlWLJWVDKGDHUWDWVlFKOLFKDXI7DKXQIHVWJHKDOWHQZXUGH ,Q ZHLWHUHU )ROJH IDQG HU DXI GLHVH :HLVH KHUDXV GD VHLW GHP $EVFKX GHU .RJJH IDVWHLQJDQ]HV-DKUYHUJDQJHQZDU8QGZDVZDULQ]ZLVFKHQQLFKWDOOHVJHVFKHKHQ 'LH *DODNWLNHU KDWWHQ PLW GHQ &DQWDUR HLQ %QGQLV JHVFKORVVHQ ZRUDXIKLQ GLH &\ERUJV XQWHU (LQEH]LHKXQJ GHU JDODNWLVFKHQ )ORWWHQ XQG GHU %ODFN +ROH:DFKIRUWV HLQHQ :DOO XP GLH 0LOFKVWUDH HUULFKWHW KDWWHQ ³DOOHV QXU ]XP 6FKXW] GHU *DODNWLNHUZLHGLHDEJHK|UWH)RUPXOLHUXQJODXWHWH :DVWDWVlFKOLFKSDVVLHUWZDUGDVHUIXKU+RPHU*$GDPVQLFKWGHQQHUHUIXKUNHLQH +LQWHUJUXQGLQIRUPDWLRQVRQGHUQQXUGLHJHWUNWH9HUVLRQGHV6\VWHPV 1DFKGHP $GDPV VLFK DXI GLHVH :HLVH HLQHQ hEHUEOLFN EHU GLH /DJH LQ GHU DEJHULHJHOWHQ 0LOFKVWUDH YHUVFKDIIW KDWWH DUEHLWHWH HU QRFK LQWHQVLYHU DQ VHLQHP )OXFKWSODQ 'DEHL EHVFKUlQNWH HU VLFK QLFKW QXU GDUDXI GDV .RPPXQLNDWLRQVQHW] DE]XK|UHQVRQGHUQHUPDFKWHVLFKGDUDQDXFK(LQIOXGDUDXI]XQHKPHQ =XHUVWODQFLHUWH HUQXUKDUPORVH)DOVFKPHOGXQJHQHWZDDXIGHU5RERWIUHTXHQ]XP LQLUJHQGHLQHUHQWOHJHQHQ$EWHLOXQJHLQH1HEHQDQODJHJHJHQGHQ3ULRUEHIHKOKDQGHOQ ]X ODVVHQ $EHU PLW GHU =HLW ZXUGH HU LPPHU GUHLVWHU WHVWHWH GLH ]XU 9HUIJXQJ VWHKHQGHQ0|JOLFKNHLWHQDXVXQGEHNDPVRJDU=XJULIIDXIGHQ+DXSWV\QWURQ 1XQ NRQQWH HU GDUDQJHKHQ VHLQH (LQIOXQDKPH DXI GHQ )XKUSDUN DXV]XGHKQHQ 'DEHL NDP LKP GLH 7DWVDFKH ]XJXWH GD DXI 7DKXQ LPPHU QRFK GLH 0HGR6FKLIIH YRP 7\S (/<6,$1 LP (LQVDW] VWDQGHQ -HW]W EHJOFNZQVFKWH HU VLFK GD]X '(/7$63$&(6 YRU GHP Y|OOLJHQ 5XLQ EHZDKUW XQG VLFK LQWHQVLY PLW GLHVHP -DFKWW\S GHU /X[XVNODVVH EHVFKl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lQJQLV DERUGQHQ GLH LKQ DQ %RUG GHU (/<6,$1 EUDFKWH =XYRU KDWWH HU HLQHQ 6HUYLFHURERWHU GD]X PLEUDXFKW GLH 3ORPEH YRP 0HWDJUDY$QWULHE ]X HQWIHUQHQ VR GD GLH (/<6,$1 QXQ DXFK ZLHGHUEHUOLFKWIlKLJZDU 6RZHLW ZDU HU EHUHLWV DEHU HU VFKRE GHQ =HLWSXQNW VHLQHU )OXFKW LPPHU ZLHGHU KLQDXVXPGHQ3ODQQDFK6FKZDFKVWHOOHQ]XEHUSUIHQ(VZDUIDVWVRDOVKlWWHHU LPHQWVFKHLGHQGHQ0RPHQW$QJVWYRUGHUHLJHQHQ&RXUDJH 'LH (QWVFKHLGXQJ ZXUGH LKP VFKOLHOLFK GXUFK GHQ ,QKDOW HLQHU DEJHIDQJHQHQ 0HOGXQJDEJHQRPPHQ $XV GLHVHU ]XHUVW XQYHUVWlQGOLFK NOLQJHQGHQ 0HOGXQJ JLQJ KHUYRU GD HU +RPHU *$GDPV]XP.ORQHQIUHLJHJHEHQZRUGHQZDU$OOH6FKUDQNHQZDUHQJHIDOOHQ'D GLH XPIDQJUHLFKHQ 7HVWV HUJHEHQ KDWWHQ GD HU $GDPV QLH IUHLZLOOLJ ]X HLQHU
.RRSHUDWLRQ EHUHLW VHLQ ZUGH PXWH HLQ V\VWHPWUHXHU 'RSSHOJlQJHU YRQ LKP JHNORQWZHUGHQ 'LH 9RUVWHOOXQJ GD HLQH JHNORQWH 0DULRQHWWH DQ VHLQHU 6WDWW DJLHUHQ ZUGH PDFKWHDOOH5HVHUYHQLQLKPPRELO 'HUHLQ]LJH7URVWZDUGDPDQYRQLKPELVKHUQRFKNHLQH=HOOSUREHQJHQRPPHQ KDWWH(UEUDXFKWHQXUGDV(QGHGHUQlFKVWHQ%HREDFKWXQJVSKDVHDE]XZDUWHQGDQQ KDWWH HU HLQHQ 9RUVSUXQJ YRQ IQI 6WXQGHQ %LV GDKLQ KDWWH HU GDV 7DK6\VWHP OlQJVWYHUODVVHQ +RPHU*$GDPVVFKULWW]XU7DW +RPHU * $GDPV ZDU ]ZDU NHLQ VR JXWHU .DPSIVWUDWHJH ZLH *DOEUDLWK 'HLJKWRQ GHQQRFK KDWWH HU DOV GLH %OLW]HU*HIDKU LPPHU EHGURKOLFKHU ZXUGH HLQLJH 9RUNHKUXQJHQ JHWURIIHQ (LQH GDYRQ ZDU DXI HLQHU QDPHQORVHQ :HOW QXU /LFKWMDKUH YRP 3HUVHXV%ODFN +ROH HQWIHUQW HLQ JHKHLPHV +DQVHNRQWRU HLQ]XULFKWHQ 'D]X EHJOFNZQVFKWH HU VLFK LQ GLHVHP $XJHQEOLFN DOV HU PLW GHU (/<6,$1LQGLHHUVWHhEHUOLFKWHWDSSHJLQJ (JDOZLHGLHJDODNWLVFKH/DJHZDUGLHVHV.RQWRUZUGHLKPVLFKHUHV$V\OELHWHQ GHQQ VHLQH ([LVWHQ] ZXUGH LQ NHLQHQ 8QWHUODJHQ GHU .RVPLVFKHQ +DQVH HUZlKQW (V ZDU JHZLVVHUPDHQ VHLQ 3ULYDWNRQWRU GDV QXU YRQ HLQHU NOHLQHQ JXW DXVJHZlKOWHQ0DQQVFKDIWEHWULHEHQZXUGH -HW]W QDFKGHP VHLQH )OXFKW JHQDX QDFK 3ODQ YHUODXIHQ ZDU GDFKWH HU QLFKW PHKU DQ GDV ZDV HU GXUFKJHPDFKW KDWWH VRQGHUQ VFKPLHGHWH EHUHLWV 3OlQH IU GLH QlFKVWH=XNXQIW :HQQHUHUVWHLQPDOGDV.RQWRUHUUHLFKWKDWWHGDQQJDEHVHLQH0HQJH]XWXQ(U PXWH PLW 7HUUD 9HUELQGXQJ DXIQHKPHQ XQG GHQ .RQWDNW ]X *DO XQG GHQ +DQVHVSUHFKHUQ VXFKHQ 9RU DOOHP *DO HU ZDU GHU PlFKWLJVWH 0DQQ GHU *DOD[LV 'D]X ZDU HU XQWHU DQGHUHP DXFK JHZRUGHQ GD HU QDFK XQG QDFK GLH +DQVHVSUHFKHU XQG *DODNWLVFKHQ 5lWH JHJHQ 3HUVRQHQ VHLQHV 9HUWUDXHQV DXVJHWDXVFKWKDWWH 'LHV ZDU HLQH 6DFKH GLH $GDPV LKP DOV VFKOLPPVWHV 9HUJHKHQ JHJHQ GLH 'HPRNUDWLH DQJHNUHLGHW KDWWH $EHU ZHOFKH )HKOHU *DO LQ GHU 9HUJDQJHQKHLW DXFK EHJDQJHQKDWWHDQJHVLFKWVGHUJHPHLQVDPHQ%HGURKXQJGXUFKGLH&DQWDURZDUHQ DOOHIUKHUHQ8QVWLPPLJNHLWHQDOVQXOOXQGQLFKWLJDQ]XVHKHQ6LH]RJHQDQHLQHP 6WUDQJ (V ZDU VFKRQ LPPHU VR JHZHVHQ GD GLH *DODNWLNHU LKUH +lQGHO XQWHUHLQDQGHU YHUJDHQ ZHQQ VLH VLFK HLQHU JHPHLQVDPHQ %HGURKXQJ YRQ DXHQ JHJHQEHUVDKHQ8QGVRVROOWHHVDXFKLP)DOOGHU&DQWDURVHLQ$GDPVZDUVLFKHU GD*DOHEHQVRGDFKWH :DKUVFKHLQOLFKZXUGHQ*DOEUDLWK'HLJKWRQXQGGLHDQGHUHQ5HJLHUXQJVPLWJOLHGHU YRQ GHQ &DQWDUR XQWHU 'UXFN JHVHW]W ZHUGHQ XQG NRQQWHQ RIIL]LHOO QLFKWV XQWHUQHKPHQ ² GLH %OLW]HU:DIIH ZDU HLQ ZLUNXQJVYROOHV 'UXFNPLWWHO $QGHUHUVHLWV VR ZDU $GDPV EHU]HXJW ZUGH *DO PLW DOOHQ LKP ]X *HERW VWHKHQGHQ0LWWHOQJHJHQGLH:LOONUGHU&DQWDURYRUJHKHQ(VZUGHlKQOLFKVHLQ ZLH LQ GHQ 7DJHQ GHV .ULHJHUNXOWV DOV 6RWKR 7\J ODQ EHU GLH 0LOFKVWUDH ]X KHUUVFKHQPHLQWHRGHULP-DKUKXQGHUWGHU/DUHQ $GDPVNDQQWHVLFKVHOEVWQLFKWPHKU:HQQHUVHLQHQ*HGDQNHQVRODXVFKWHGDQQ VFKLHQHVDOVVHLHUDXIHLQPDO]XP.lPSIHUJHZRUGHQ 'DIUPXWHHUGHQ&DQWDURHLJHQWOLFKGDQNEDUVHLQ6LHKDWWHQHLQHQ7DWPHQVFKHQ
DXVLKPJHPDFKW ª*HRIIU\ ZLUG $XJHQ PDFKHQ ZHQQ HU K|UW PLW ZHOFKHQ WHFKQLVFKHQ 7ULFNV LFK GHQ &DQWDUR HQWNRPPHQ ELQ© VDJWH HU ODXW ]X VLFK XQG GDFKWH *HRIIU\V ZLVVHQVFKDIWOLFKHV *HQLH ZLUG HLQH GHU +DXSWZDIIHQ LP .DPSI JHJHQ GLH 8QWHUGUFNXQJGHU&DQWDURVHLQ (UPXWHXQZLOONUOLFKOlFKHOQ(USODQWHEHUHLWVGHQ:LGHUVWDQGVNDPSIRKQHGLH JDODNWLVFKH/DJH]XNHQQHQ9LHOOHLFKWZDUDXFKDOOHVQXUKDOEVRVFKOLPPXQGGLH 0DFKW GHU &DQWDUR UHJLRQDO EHJUHQ]W 'LH :lOOH XP GLH 0LOFKVWUDH PXWHQ MD QLFKWJOHLFKEHGHXWHQGPLWGHUY|OOLJHQ(QWPDFKWXQJGHV*DODNWLNXPVVHLQ 'DUDQ GD GLH /DJH LQ GHU 0LOFKVWUDH QRFK YLHO KRIIQXQJVORVHU DOV LQ VHLQHQ VFKOLPPVWHQ%HIUFKWXQJHQVHLQN|QQWHGDFKWHHUNHLQHQ$XJHQEOLFN 'DVHUIXKUHUHUVWEHLPGLUHNWHQ.RQWDNWPLWVHLQHQ/HXWHQ )QI]LJ /LFKWMDKUH YRQ GHU JHKHLPHQ .RQWRUZHOW HQWIHUQW XQWHUEUDFK HU GHQ hEHUOLFKWIOXJ XQG PDFKWH HLQHQ =ZLVFKHQVWRSS (U ZDU LQ]ZLVFKHQ DEJHEUKW JHQXJ XP VHOEVW GLH 0|JOLFKNHLW ]X HUZlJHQ GD GDV .RQWRU LP 6HNWRU 3HUVHXV DXVJHKREHQ VHLQ N|QQWH 'DUEHU KLQDXV JHGDFKWH HU GLH (/<6,$1 QDFK 7DKXQ ]XUFN]XVFKLFNHQ XQG GHQ %RUGV\QWURQ PLW IDOVFKHQ 'DWHQ ]X IWWHUQ XP GLH &DQWDUR LQ GLH ,UUH ]X IKUHQ (V ZlUH DXFK QLFKW JXW PLW GHP 0HGR6FKLII GDV JHKHLPH .RQWRU DQ]XIOLHJHQ ZHU ZXWH VFKRQ ZHOFKH WHFKQLVFKH 0|JOLFKNHLWHQ GHQ&DQWDUR]XU5HNRQVWUXLHUXQJ]XU9HUIJXQJVWDQGHQ +RPHU*$GDPVKDWWHJHOHUQWVHOEVWGDVJHULQJVWH5LVLNR]XYHUPHLGHQ (U QDKP )XQNNRQWDNW ]X GHP +DQVHNRQWRU XQG YHUZHQGHWH GDEHL GHQ ]XOHW]W JOWLJHQ .RGH (V NDP XPJHKHQG $QWZRUW DXI GLH JOHLFKH :HLVH DEHU GLH 0DQQVFKDIW JODXEWH LKP VHLQH ,GHQWLWlW QLFKW ,PPHUKLQ ZDU HU HLQ KDOEHV -DKU YHUVFKROOHQJHZHVHQ ³5HFKW VR VWLPPWH $GDPV LQ VHLQHU $QWZRUW GHP PLWUDXLVFKHQ .RQWRUFKHI ]X ³1HQQHPLUDOVRHLQHQ7UHIISXQNW (V ZDU VFK|Q QDFK HLQHU (ZLJNHLW GHV 6FKZHLJHQV ZLHGHU HLQPDO PLW IUHLHQ 0HQVFKHQVSUHFKHQ]XN|QQHQ 'DV 5HQGH]YRXV IDQG /LFKWMDKUHQ LQ 5LFKWXQJ JDODNWLVFKHU 3HULSKHULH YRQ GHUJHKHLPHQ6WW]SXQNWZHOWHQWIHUQWVWDWW'LH.RJJHYRQGHUHQ+OOHVlPWOLFKH +RKHLWV]HLFKHQXQG GHU1DPH JHO|VFKWZRUGHQZDUHQ ZDUEHUHLWV DP7UHIISXQNW DOV $GDPV PLW GHU (/<6,$1 HLQWUDI (U EOLHE QXU QRFK VRODQJH DQ %RUG ELV HU VLFK GDYRQ EHU]HXJW KDWWH GD GHU %RUGV\QWURQ GHQ DXWRPDWLVFKHQ 3LORWHQ PLW .XUVDXIGDV7DK6\VWHPSURJUDPPLHUWKDWWH'DQQVWUHLIWHHUGHQHLQ]LJHQ6(581 DQ%RUGEHUXQGIORJ]XGHP+DQVHVFKLIIKLQEHU (U QDKP HV VHLQHQ /HXWHQ QLFKW EHO GD VLH LKQ PLW GHU :DIIH LQ GHU +DQG HPSILQJHQXQGVLHHUVWIDOOHQOLHHQDOVVLHLKQRKQH6(581VDKHQXQGYRQVHLQHU ,GHQWLWlWEHU]HXJWZDUHQ $GDPV GDFKWH GD VLH XP HLQ +DDU HLQHQ .ORQ YRQ LKP YRUJHVHW]W EHNRPPHQ KlWWHQ(UZDJWHDEHUQLFKWHVODXW]XVDJHQXPVLHQLFKW]XYHUXQVLFKHUQ 'LH.RJJHQDKP)DKUWDXIXQGJLQJEDOGGDUDXILQGHQhEHUOLFKWIOXJ $GDPV NRQQWH QLFKW DQ VLFK KDOWHQ HU KDWWH YLHO ]X ODQJH PLW NHLQHP 0HQVFKHQ PHKUJHVSURFKHQHUZROOWHQLFKWZDUWHQELVVLHGHQ6WW]SXQNWHUUHLFKWKDWWHQXQG EHJDQQLKQHQVHLQH3OlQH]XXQWHUEUHLWHQ 6LHVWDUUWHQLKQYHUVWlQGQLVORVDQ
³:ROHEVWGXGHQQ+RPHU"IUDJWHLKQHLQHGHU)UDXHQ 'DUDXIKLQ HU]lKOWH HU LKQHQ GD HU GDV OHW]WH KDOEH -DKU Y|OOLJ YRQ GHU 8PZHOW LVROLHUW JHZHVHQ ZDU XQG GD HU VLFK QXU 7HLOLQIRUPDWLRQHQ EHU GLH /DJH LQ GHU 0LOFKVWUDHKDWWHEHVRUJHQN|QQHQ ³'DV HUNOlUW GHLQ 9HUWUDXHQ LQ *DOEUDLWK 'HLJKWRQ XQG GDV *DODNWLNXP VDJWH HLQHU GHU 0lQQHU 8QG GDQQ UHGHWHQ VLH DOOH DXI LKQ HLQ XQG LKP ZXUGH JDQ] VFKZLQGHOLJYRQGHPZDVHUK|UWH :DULQJHU DOV WRW JHPHOGHW 'DV *DODNWLNXP DXIJHO|VW *DOEUDLWK 'HLJKWRQ HLQ 9HUUlWHU GHU GLH 0HQVFKKHLW DQ GLH &DQWDUR YHUNDXIW KDWWH GHU VWDUNH $UP GHU &DQWDURDXI7HUUD $GDPVEUDXFKWHODQJHXPGDV*HK|UWHYHUDUEHLWHQ]XN|QQHQ$EHUHUJODXEWHHV HUVW DOV PDQ LKP %LOGGRNXPHQWH YRQ *DO ]HLJWH LQ GHQHQ HU IU GLH 3ROLWLN GHU &DQWDUR HLQWUDW XQG EHKDXSWHWH GD GLH ,VROLHUXQJ GHU 0LOFKVWUDH XQG GDV ³YRUEHUJHKHQGH VWUHQJH 5HJLPH QXU ]XP :RKOH GHU *DODNWLNHU VHL ,Q HLQHU 5HGHVWHOOWH'HLJKWRQIROJHQGHNKQH%HKDXSWXQJDXI ³'LH &DQWDUR KDEHQ PLWLKUHUEHUUDJHQGHQ+L7HFKHUUHFKQHWGDGLHGXUFKGHQ 7UDQVIHU GHU *DOD[LV +DQJD\[ LQ GLHVHV 8QLYHUVXP DXVJHO|VWH .DWDVWURSKH HUVW HLQH$UW9RUEHEHQZDU'DV+DXSWEHEHQLVWHUVWLQGLHVHQ7DJHQ]XHUZDUWHQXQG HV ZLUG *HZDOWHQ IUHLZHUGHQ ODVVHQ GLH VWDUN JHQXJ VLQG DOOHV /HEHQ LQ GHQ *DOD[LHQ GHU /RNDOHQ *UXSSH DXV]XO|VFKHQ 'HU YRQ GHQ &DQWDUR HUULFKWHWH :DOO DEHUZLUGGLH*DODNWLNHUYRUGHP8QWHUJDQJEHZDKUHQ 'DV ZDU QLFKWGHU *DOEUDLWK 'HLJKWRQGHQHUNDQQWH²YHUPXWOLFKKDWWHHLQ.ORQ *DOV6WHOOHHLQJHQRPPHQ $GDPV EHNDP QRFK ZHLWHUH 'RNXPHQWDWLRQHQ YRUJHVSLHOW DEHU HU ZDU YLHO ]X EHQRPPHQXP(LQ]HOKHLWHQZDKUQHKPHQ]XN|QQHQ 3O|W]OLFKWUDILKQHLQH(UNHQQWQLVZLHHLQ6FKODJ 'LHVH +DQGYROO 0lQQHU XQG )UDXHQ XQG HU VLH ZDUHQ GLH QRFK HLQ]LJHQ IUHLHQ *DODNWLNHU 6LH VWDQGHQ JDQ] DOOHLQ JHJHQ HLQHQ ]DKOHQPlLJ XQG WHFKQLVFK KDXVKRFK EHUOHJHQHQ *HJQHU 6ROOWHQ VLH HLQ +lXIFKHQ 9HUORUHQHU VLFK HUGUHLVWHQ GHQ .DPSIJHJHQGLH&DQWDURDXI]XQHKPHQ" 0217$*6*(5b7 ,%HVWLHQUXPPHO -RFN K|UWH VLFK GLH *HVFKLFKWH GHU )UDX GLH HU RKQHKLQ VFKRQ DXVZHQGLJ NDQQWH JHGXOGLJ]XP[WHQPDODQXQGVDJWHGDQQ ³0HLQHOLHEH/LYDVRHLQIDFKZLHGXGLUGDVYRUVWHOOVWJHKWHVQLFKW ³:DUXPQLFKW"ILHOLKPGLHUHVROXWH$FKW]LJHULQLQV:RUW³,FKKDEHHLQHLQIDFKHV $QOLHJHQ XQG NDQQ GDUXP HLQH XQEURNUDWLVFKH (UOHGLJXQJ HUZDUWHQ ,FK P|FKWH PHLQHQ-QJVWHQDXIGLH8QLYHUVLWlWYRQ7HUUDVFKLFNHQ'DVLVWDOOHV -RFNVHXI]WH ³'DVZlUHQRFKYRUKXQGHUW-DKUHQLQGHU7DWNHLQHJURH$QJHOHJHQKHLWJHZHVHQ $EHU ZLU OHEHQ LP -DKUH IQIKXQGHUWIQIXQGIQI]LJ 'DV HUVFKZHUW GLH $QJHOHJHQKHLWXQJHPHLQ
³:LHVR" ,FK GDFKWH GX N|QQWHVW MHGHP 7HUUDQHU GHU GHQ :XQVFK lXHUW GLH +HLPNHKUHUP|JOLFKHQ ³,FK NDQQ NHLQH *DUDQWLHQ DEJHEHQ ,FK KDEH QXU YHUVSURFKHQ PLFK IU GLH $QOLHJHQGHU7HUUDQHUYRQ6KRXUPDJHUHLQ]XVHW]HQ,FKHUOHGLJHGLHEURNUDWLVFKHQ )RUPDOLWlWHQ IDVVH GLH (LQJDEHQ DE XQG EHUQHKPH DXFK GLH %RWHQJlQJH ,FK VFKODJHPLFKPLWGHQ%URNUDWHQ KHUXP XQG PDFKH LKQHQ GLH +|OOH KHL $EHU HV KlQJWYRQGHQ%HK|UGHQDEREHLQ$QWUDJEHUKDXSWJHQHKPLJWZLUG8QGVHOEVW ZHQQ GLH *HQHKPLJXQJ HUWHLOW ZLUG EHGHXWHW GLHV QXU HLQHQ (LQWUDJ DXI HLQHU HOOHQODQJHQ:DUWHOLVWH$XIGHU:DUWHOLVWHVWHKW&DPEHUOlQJVWXQG]ZDUJDQ]REHQ 8QGPHKUKDWQRFKNHLQDQGHUHUHUUHLFKWQLFKWHLQPDOLFK ³)DXOH 7ULFNV VDJWH /LYD (QJVWHOO DEIlOOLJ ³'X OHJVW GLH /HXWH QXU UHLQ .DVVLHUVW RKQHHWZDV]XOHLVWHQ$EHUQLFKWPLWPLU-RFN ³*LE PLU HWZDV =HLW /LYD VDJWH -RFN EHJWLJHQG RKQH DXI LKUHQ 9RUZXUI GHV .DVVLHUHQV RKQH *HJHQOHLVWXQJ HLQ]XJHKHQ HU DUEHLWHWH IU GLH ]ZHLIHOKDIWH (KUH VHLQHQ $UWJHQRVVHQ ]X KHOIHQ ³,FK YHUVSUHFKH GLU GHLQ $QOLHJHQ YRUUDQJLJ ]X EHKDQGHOQ ³:DVEHGHXWHWYRUUDQJLJ" ³1XQ LFK ZHUGH QRFK KHXWH GDV $XVUHLVHDPW XQG GDV %LOGXQJVUHIHUDW GHV .XOWXVPLQLVWHULXPV DXIVXFKHQ XQG GHLQHQ )DOO PLW GHU JHERWHQHQ +DUWQlFNLJNHLW YRUEULQJHQ0DOVHKHQ ³'DV DOOHV KDEH LFK VFKRQ KXQGHUWPDO JHK|UW XQWHUEUDFK LKQ /LYD ³,FK ZLOO QLFKW QXUOHHUH9HUVSUHFKXQJHQK|UHQVRQGHUQHLQPDONRQNUHWH(UJHEQLVVHVHKHQ -RFNKREEHVFKZLFKWLJHQGGLH$UPH ³:HQQ GX PLFK HQGOLFK HLQPDO DXVVSUHFKHQ OLHHVW VR N|QQWH LFK GLU HLQH JXWH 0LWWHLOXQJ PDFKHQ VDJWH -RFN GLH )UDX VFKZLHJ GDUDXIKLQ DEHU LKU %OLFN ZDU GHU HLQHV *HLHUV GHU DE]XVFKlW]HQ YHUVXFKW RE GLH %HXWH DXFK ZLUNOLFK VFKRQ $DV ZDU -RFN IXKU VFKQHOO IRUW ³,FK KDEH IU KHXWH DEHQG HLQH (LQODGXQJ ]X HLQHU %HVSUHFKXQJEHNRPPHQGLHHLQH.OlUXQJGHU6DFKODJHYHUVSULFKW ³8QGZDVEHGHXWHWGDV" ³'D XQVHUH &KDQFHQ HLQ 5DXPVFKLII ]XU 9HUIJXQJ JHVWHOOW ]X EHNRPPHQ QRFK QLHVRJXWZDUHQ/LYD&DPEHUV6WLSHQGLXPLVWLQ5HLFKZHLWHJHUFNW ³+PPDFKWH/LYDGLHVFKZHUJHZLFKWLJH0XWWHUGUHLHU6|KQHXQG]ZHLHU7|FKWHU EOLHE DEHU VNHSWLVFK ³,FK JHEH GLU HLQHQ 7DJ =HLW :HQQ GX PRUJHQ NHLQHQ SRVLWLYHQ %HVFKHLG LQ PHLQHU $PWVVDFKH YRUOLHJHQ KDVW GDQQ PDFKH LFK GLU GLH +|OOHKHL-RFN /LYDGUHKWHVLFKXPXQGYHUOLHVHLQ%URPLWZRJHQGHP%XVHQ :DV IU HLQH OlVWLJH 3HUVRQ $EHU -RFN KDWWH DXFK +RFKDFKWXQJ YRU LKU VLH NlPSIWHZLHHLQH/|ZLQXPGDV:RKOLKUHV-QJVWHQ6HLW:RFKHQVHLWVLHGXUFK 0XQGSURSDJDQGD EHU LKQ XQG VHLQHU .DPSDJQH ³'DV 5HFKW MHGHQ 7HUUDQHUV DXI +HLPNHKU ]XU (UGH JHK|UW KDWWH UFNWH VLH LKP IDVW WlJOLFK DXI GLH 3HOOH 6LH ZROOWH GD LKU 6RKQ &DPEHU HLQH 3DVVDJH ]XU (UGH EHNDP XQG GRUW VWXGLHUHQ GXUIWH (LJHQWOLFK HLQH OHJLWLPH )RUGHUXQJ IU GLH VLFK -RFN 7DPDULQ DXFK YROO HLQVHW]WHDEHULQ=HLWHQZLHGLHVHQHLQIDVWXQHUIOOEDUHU:XQVFK 'HQQ DXI 6KRXUPDJHU KHUUVFKWHQ HLJHQH *HVHW]H 'DV KLH GLH *HVHW]H ZDUHQ VFKRQJXWQXUNDPHQVLHQLFKW]XU$QZHQGXQJ 6KRXUPDJHU ZDU HLQH HWZD HUGJURH MHGRFK PRQGORVH 6DXHUVWRIIZHOW XQG GHU
]ZHLWH YRQ LQVJHVDPW YLHU 3ODQHWHQ GHU 6RQQH %XOODXJH YRP 6ROV\VWHP HQWIHUQW 'LH 6FKZHUNUDIW EHWUXJ J HLQ 7DJ KDWWH 6WXQGHQ XQG GLH PLWWOHUH7HPSHUDWXUZXUGHPLW*UDG&HOVLXVDQJHJHEHQ 'LH 3ODQHWHQREHUIOlFKH ZXUGH YRQ NOHLQHQ YHUHLVWHQ 3RONDSSHQ GUHL JURHQ .RQWLQHQWHQXQGHLQHUJURHQ=DKOYRQ,QVHOJUXSSHQJHSUlJW'DVVFKZOH.OLPD XQG GLH 7UHLEKDXVDWPRVSKlUH JHVFKDIIHQ GXUFK GLH GLH /DQGPDVVHQ EHKHUUVFKHQ 'VFKXQJHO XQG 6XPSIJHELHWH ERWHQ LGHDOH %HGLQJXQJHQ IU GLH (QWZLFNOXQJ YLHOHUH[RWLVFKHU/HEHQVIRUPHQ 'LH GUHL +DXSWNRQWLQHQWH KLHHQ -DPXF '\FVXV XQG /HWWHVF $XI GHP LP bTXDWRUJHELHWJHOHJHQHQ.RQWLQHQW'\FVXVKDWWHHLQVWGLH*$9g.GLH*DODNWLVFKH 9|ONHUZUGHNRDOLWLRQ LKUH 1LHGHUODVVXQJHQ HUULFKWHW -RFN 7DPDULQ ]RJ GDV HWZDV JHPlLJWHUH .OLPD GHV 1RUGNRQWLQHQWV -DPXF YRU XQG KDWWH ELV ]X VHLQHP *HEXUWVWDJHLQH7LHU]XFKWLP]HQWUDOHQ+RFKODQGEHWULHEHQ $OV HU VLFK HQWVFKOR VLFK PLW GHQ %URNUDWHQ DQ]XOHJHQ ]RJ HU QDFK ,OOLVWUR GHU +DXSWVWDGW GHV 1RUGNRQWLQHQWV GLH DQ GHU :HVWNVWH ODJ +LHU EH]RJ HU LQ HLQHP 5DQGEH]LUN QDKH GHP YHUZDLVWHQ 5DXPKDIHQ HLQ NOHLQHV +DXV PLW *DUWHQ 'HU *DUWHQZDUYHUZLOGHUWJHZHVHQXQGKDWWHHLQHQGVFKXQJHODUWLJHQ&KDUDNWHUJHKDEW 'RFK LQ]ZLVFKHQ ZXFKV NHLQ 3IOlQ]FKHQ PHKU GDULQ GLH YLHOHQ %LWWVWHOOHU GLH GHQ *DUWHQ WDJWlJOLFK KHLPVXFKWHQ KDWWHQ EHU GLH H[SORVLYH )ORUD 6KRXUPDJHUV GHQ 6LHJGDYRQJHWUDJHQ -RFN KlWWH HV VHOEVW QLH IU P|JOLFK JHKDOWHQ GD HU MHPDOV VR JURHQ =XVWURP KDEHQZUGH(UKlWWHQLHJHJODXEWGDVHLQH$NWLRQGLH0DVVHQGHUWHUUDQLVFKHQ .RORQLHYRQ6KRXUPDJHUGHUDUWLQ%HZHJXQJVHW]HQN|QQWH 6HLW -DKU]HKQWHQ KDWWH NHLQ %HZRKQHU YRQ 6KRXUPDJHU PHKU GLH (UODXEQLV ]XP 9HUODVVHQ GLHVHU :HOW EHNRPPHQ (V VFKLHQ DXFK JDU NHLQ %HGUIQLV GDQDFK ]X EHVWHKHQ 'DV /HEHQ DXI GLHVHP 3ODQHWHQ GHU ]X =HLWHQ GHU *$9g. GHQ EH]HLFKQHQGHQ %HLQDPHQ ³%HVWLHQUXPPHO JHKDEW KDWWH ZDU UHFKW DQJHQHKP $XFK-RFNKDWWHHVELVYRUHLQLJHQ-DKUHQJHQRVVHQ 6KRXUPDJHUKDWWHVLFKDXVHLQHU$EHQWHXHUZHOWLQHLQHQ3ODQHWHQGHU0LJJlQJHU YHUZDQGHOW DXV $EHQWHXUHUQ ZDUHQ WUlJH 1LFKWVWXHU JHZRUGHQ 1LHPDQG EUDXFKWH ]X DUEHLWHQ DOOHV ZDU XPVRQVW MHGHU 6KRXUPDJHU XQJHDFKWHW VHLQHU $EVWDPPXQJ XQG 9RONV]XJHK|ULJNHLW KDWWH GDV 5HFKW YRQ GHU VWDDWOLFKHQ )UVRUJH ]X OHEHQ ZRYRQDXFKDXVJLHELJ*HEUDXFKJHPDFKWZXUGH 'LH 6FKXOSIOLFKW IU .LQGHU ZDU VFKRQ LP -DKUH DEJHVFKDIIW ZRUGHQ GLH 8QLYHUVLWlWHQ KDWWHQ PDQJHOV +|UHU JHVFKORVVHQ KDWWH GHU VWDDWOLFKH ³$EHQWHXHUXQG(UOHEQLVFOXEEDQNURWWJHPDFKWXQGIKUWHLQGHU*HJHQZDUWHLQ NOlJOLFKHV 6FKDWWHQGDVHLQ VHLW HU YRQ HLQLJHQ 9HWHUDQHQ ]X GHQHQ DXFK -RFN JHK|UWH LQ 3ULYDWLQLWLDWLYH ZHLWHUJHIKUW ZXUGH 'LH YLHOIlOWLJH )ORUD XQG )DXQD GLH 6KRXUPDJHU HLQVW GHQ 1DPHQ %HVWLHQUXPPHO HLQJHEUDFKW KDWWH ZDU LP $XVVWHUEHQEHJULIIHQ'LH%HVWLHQNDPHQYRU/DQJHZHLOHXPZLH-RFNXQGVHLQH 9HWHUDQHQHVLQLKUHQQRVWDOJLVFKHQ*HVSUlFKHQEHUGLHDOWHQ=HLWHQIRUPXOLHUWHQ 0LW GHP VWHLJHQGHQ 'HVLQWHUHVVH DP $EHQWHXHU XQG GHP VLQNHQGHQ %HGUIQLV QDFK %LOGXQJ ZDU VFKOLHOLFK HLQ 9RON YRQ WUlJHQ $QDOSKDEHWHQ HQWVWDQGHQ GLH HLQ /HEHQ ZLH GLH 0DGHQ LP 6SHFN IKUWHQ 8QG GHU 6WDDW WDW DOOHV XP GLHVH (QWZLFNOXQJ ]X I|UGHUQ LQGHP HU MHJOLFKH $NWLYLWlWHQ ]X JHLVWLJHU RGHU N|USHUOLFKHU%HWlWLJXQJLP.HLPHUVWLFNWHGXUFK3UlPLHUXQJGHV1LFKWVWXQV
:HU VLFK ELOGHQ ZROOWH GHP ZXUGHQ VR YLHOH .QSSHO ]ZLVFKHQ GLH %HLQH JHZRUIHQ GD HU OHW]WOLFK UHVLJQLHUHQG ]XP EHTXHPHUHQ 0LJJlQJHUWXP ]XUFNNHKUWH :HU GDV $EHQWHXHU LQ GHQ (UOHEQLVZHOWHQ VXFKWH ZXUGH ]XP JHVHOOVFKDIWOLFKHQ $XHQVHLWHU JHVWHPSHOW XQG PXWH DXI YLHOH VWDDWOLFKH 9HUJQVWLJXQJHQYHU]LFKWHQ 'LH%HDPWHQGLHLQGHQ&KLSEXUJHQVDHQXQGHLQGLNWDWRULVFKHV5HJLPHIKUWHQ ZDUHQ DOOHV %HGLHQVWHWH DXI =HLW GLH YRQ DQGHUHQ :HOWHQ HLQJHIORJHQ ZHUGHQ PXWHQ1DFKHLQMlKULJHU'LHQVW]HLWNRQQWHQVLHVLFKHLQEUJHUQODVVHQXQGNDXP HLQHUGHUYRQGLHVHP5HFKWQLFKW*HEUDXFKPDFKWH -RFN7DPDULQKDWWHQLHGDV/HEHQHLQHV0LJJlQJHUVJHIKUW(UKDWWHVWHWVVHLQHQ *HLVW ZDFKJHKDOWHQ LQGHP HU VSHNXODWLYH *HVFKLFKWVVFKUHLEXQJ EHWULHE XQG $XIVlW]HGDUEHUVFKULHEZLHHVKlWWHZHUGHQN|QQHQZHQQGLHVHVRGHUMHQHVQLFKW SDVVLHUW ZlUH EH]LHKXQJVZHLVH ZLH VLFK GLH 'LQJH HQWZLFNHOW KlWWHQ ZHQQ PDQFKHVDQGHUVJHPDFKWRGHUJHNRPPHQZlUH (U IDWH GLHVH $XIVlW]H XQWHU GHP XUDOWHQ 6DPPHOEHJULII ³6FLHQFH )LFWLRQ ]XVDPPHQGHQHULUJHQGZDQQHLQPDOLQEH]XJDXI³VSHNXODWLYH([WUDSRODWLRQGHU *HJHQZDUWLQGLH=XNXQIWDXIJHVFKQDSSWKDWWH8QGQLFKWVDQGHUHVWDWHUDOVVLFK P|JOLFKHEHVVHUH=XNXQIWHQ]XHUWUlXPHQ (WZD :DV ZlUH JHZHVHQ ZHQQ GLH 6KRXUPDJHU NHLQH 0LJJlQJHU JHZRUGHQ ZlUHQ" .|USHUOLFKKLHOWHUVLFKGXUFKGLH%HVWLHQMDJGHQPLWGHQ9HWHUDQHQILW²RGHUDXFK ZHQQ HU %HDPWH ]X HLQHP :HWWNDPSI LQ GHU :LOGQLV KHUDXVIRUGHUWH (V SDVVLHUWH RKQHKLQ VHOWHQ JHQXJ GD HLQHU GHU ³6\QWURQGHXWHU ZLH HU VLH QDQQWH VHLQH +HUDXVIRUGHUXQJDQQDKP $XFK ZHQQ -RFN YHUKlOWQLVPlLJ DNWLY ZDU VR KDWWH HU DP /HEHQVVWLO GHU 6KRXUPDJHULP3ULQ]LSQLFKWVDXV]XVHW]HQJDQ]QDFKGHP0RWWROHEHQXQGOHEHQ ODVVHQ (U KlWWH VHLQHQ 3ODW] DXI 6KRXUPDJHU DXFK QLH PLW GHP HLQHV DQGHUHQ DXI HLQHU DQGHUHQ :HOW HLQWDXVFKHQ P|JHQ 'HU *HGDQNH ZDU LKP IUKHU QLH JHNRPPHQ (U KDWWH JHZLVVH =XVWl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|QOLFKHU )UHLKHLW DOV GLH PHLVWHQ DQGHUHQ 6KRXUPDJHU EHVDHQ HLQ UHJHU *HLVW N|USHUOLFKH 9LWDOLWlW XQG /HEHQVHUIDKUXQJ XQG:LVVHQDXV]ZHL-DKUKXQGHUWHQ 'RFK DQ GLHVHP 7DJ PDFKWH HU VLFK *HGDQNHQ EHU GHQ 7RG 9LHOOHLFKW KDWWH HU QRFK ZHQQ HV JXW JLQJ HLQ -DKU]HKQW RGHU PHKUHUH YLHOOHLFKW VRJDU HLQ KDOEHV -DKUKXQGHUW]XOHEHQ$EHUYLHOOHLFKWVFKOXJLKPDXFKVFKRQPRUJHQGLH6WXQGH 8QGGDQQZlUHHUJHVWRUEHQRKQHQRFKHLQPDOGLH+HLPDWJHVHKHQ]XKDEHQ (UIUFKWHWHVLFKQLFKWYRUGHP7RGDEHUHUGDFKWHGDUDQGDHVVFKDGHZlUHYRQ GHUNRVPLVFKHQ%KQHDE]XJHKHQRKQHZHQLJVWHQV$EVFKLHGYRQGHUJXWHQDOWHQ (UGHJHQRPPHQ]XKDEHQ
=XHUVW ZDU HV ZLUNOLFK QXU HLQ OHLFKW GDKLQJHGDFKWHU *HGDQNH JHZHVHQ DEHU HLQPDO JHGDFKW OLH HU -RFN QLFKW PHKU ORV XQG ZXUGH LPPHU GRPLQLHUHQGHU 6FKOLHOLFKZXUGHGHU:XQVFKQRFKHLQPDOGLH(UGH]XVHKHQEHUPlFKWLJ (UPXWHQRFKHLQPDOVHLQHQ)XDXIGLH(UGHVHW]HQXQGZHQQHVGDVOHW]WHZDU ZDVHULQGLHVHP/HEHQWDW 8QGGDPLWKDWWHQGLH6FKZLHULJNHLWHQEHJRQQHQGHQQHVEHGHXWHWHGDHUVLFKPLW GHQ%URNUDWHQDQOHJHQPXWHGLHHVDQVFKHLQHQGDOVSHUV|QOLFKH%HOHLGLJXQJ EHWUDFKWHWHQ GD MHPDQG HLQ VROFKHV $QVLQQHQ DQ VLH ]X VWHOOHQ ZDJWH 8P HLQH 5HLVHJHQHKPLJXQJ]XU(UGHDQ]XVXFKHQ (U ZDU YRQ HLQHP $PW ]XP DQGHUHQ JHVFKLFNW ZRUGHQ KDWWH HQGORVH )UDJHOLVWHQ EHDQWZRUWHW ² XQG ZDU LPPHU ZLHGHU DEJHZLHVHQ ZRUGHQ 0DO KDWWH HU GLHVH )UDJH XQ]XOlQJOLFK EHDQWZRUWHW HLQ DQGHUPDO ZLHGHUXP KDWWH HU HLQH )RUPXOLHUXQJ EHQXW]W GLH QLFKW GHQ 5HJHOQ GHU $PWVVSUDFKH HQWVSUDFK XQG VR ZHLWHUXQGVRIRUW ,Q]ZLVFKHQZDU-RFNPLWDOOHQ6SLHODUWHQGHU%URNUDWLHYHUWUDXWZDULQPDQFKHQ %HODQJHQVRJDUGHQURERWLVFKHQ6FKULIWIKUHUQEHUOHJHQDEHUVHLQHP=LHOZDUHU XP NHLQHQ 6FKULWW QlKHUJHNRPPHQ 'LH %URNUDWHQ KDWWHQ LPPHU ZLHGHU HLQ +LQWHUWUFKHQ JHIXQGHQ XP LKQ DE]XZHLVHQ 8QG VLH PXWHQ VLFK WDWVlFKOLFK LQ ZLQNHODGYRNDWLVFKH7ULFNVUHWWHQGHQQHVJDEHLQXUDOWHV*HVHW]DXI6KRXUPDJHU GDV $QVLHGOHUQ DXVGUFNOLFK JDUDQWLHUWH MHGHU]HLW XQG RKQH $XIODJHQ ]X LKUHQ +HLPDWZHOWHQ ]XUFNNHKUHQ ]X N|QQHQ 'D GLH 6KRXUPDJHU VRZLHVR ]X $QDOSKDEHWHQ YHUNRPPHQ ZDUHQ KDWWH ZRKO QLHPDQG MH GDUDQ JHGDFKW GLH 3DUDJUDSKHQ]XVWUHLFKHQ8QGGDUDXISRFKWH-RFN 6FKOLHOLFK DOV PDQ NHLQHQ DQGHUHQ $XVZHJ PHKU VDK LKP GDV LKP ]XVWHKHQGH 5HFKWDXI+HLPNHKU]XYHUZHLJHUQKDWWHPDQVHLQH(LQJDEHQPLWGHU%HJUQGXQJ DEJHZLHVHQGDHUGHUHLQ]LJH%LWWVWHOOHULQGLHVHU6DFKHVHLXQGPDQQLFKWZHJHQ HLQHVHLQ]HOQHQVHQLOHQ*UHLVHVHLQHQ3DVVDJLHUUDXPHURUJDQLVLHUHQN|QQH 'DV ZDU HLQ VWLFKKDOWLJHV $UJXPHQW GHQQ GLH =HLWHQ GD 5DXPVFKLIIH WlJOLFK ]X +XQGHUWHQ XQG 7DXVHQGHQ GLH 0LOFKVWUDH NUHX] XQG TXHU GXUFKIORJHQ JDE HV OlQJVWQLFKWPHKU*HQDXJHQRPPHQJDEHVVRHWZDVZLHHLQHQ5DXPVFKLIIYHUNHKU JDUQLFKWPHKU 6KRXUPDJHUZXUGHQXUHLQPDOMlKUOLFKYRQMHQHP5DXPVFKLIIDQJHIORJHQGDVIU GHQ1DFKVFKXEGHU%HDPWHQVRUJWH$XHUKDOEGLHVHU5RXWLQHIOJHZDU]XOHW]WYRU YLHU -DKUHQ HLQ 5DXPVFKLII RIIL]LHOO QDFK ³%HVWLHQUXPPHO JHNRPPHQ XQG EHVWLPPW ZDU HV EHU ]HKQPDO VR ODQJH KHU GD HLQ %UJHU GLHVHQ 3ODQHWHQ YHUODVVHQKDWWH 9HUPXWOLFK N|QQWH PDQ GLHVEH]JOLFK EHUHLWV GDV IQI]LJMlKULJH -XELOlXP IHLHUQ 8QG LQ GHU 7DW HV KDWWH VLFK LQ DOO GHQ -DKUHQ NHLQHU JHIXQGHQ GHU GHP ]XVWlQGLJHQ $PW HLQ HQWVSUHFKHQGHV $XVUHLVHIRUPXODU YRUJHOHJW KlWWH 1LHPDQG DXI6KRXUPDJHUVFKLHQGHQ:XQVFK]XKHJHQVHLQH:HOW]XYHUODVVHQXQGHVZDU DXFKNHLQHLQ]LJHU)DOODPWOLFKEHOHJWGDHLQ7HUUDQHUGHQ:XQVFK]XU+HLPNHKU YHUVSUWKlWWH 'DV ODJ DEHU ZHQLJHU DQ GHU SK\VLVFKHQ (LQVWHOOXQJ VRQGHUQ DQ JHLVWLJHP 8QYHUP|JHQ'DGLH6KRXUPDJHUQlPOLFKGXUFKZHJ$QDOSKDEHWHQZDUHQXQGHUVW UHFKWQLFKWGLHNRPSOL]LHUWH$PWVVSUDFKHKDQGKDEHQNRQQWHQZlUHDXFKNHLQHUYRQ LKQHQ LQ GHU /DJH JHZHVHQ GHQ IU HLQH $XVUHLVHJHQHKPLJXQJ HUIRUGHUOLFKHQ
$PWVZHJ]XJHKHQ $OV -RFN VLFK GLHVHU %LOGXQJVOFNH EHZXW ZXUGH NDP LKP VRJDU GHU OHLVH 9HUGDFKW GD GLHVH (QWZLFNOXQJ DEVLFKWOLFK LQ GLH :HJH JHOHLWHW ZRUGHQ VHLQ NRQQWH :DV IU HLQ WHXIOLVFKHU 3ODQ HV ZlUH GHQ %LOGXQJVVWDQGDUG HLQHV 9RONHV LP JOHLFKHQ0DH ]X VHQNHQZLH GHQ 5HFKWVZHJ]XNRPSOL]LHUHQ:HQQQLHPDQG LQ GHU /DJH ZDU VHLQH YHUIDVVXQJVPlLJHQ 5HFKWH ]X ZDKUHQ EUDXFKWH PDQ DXFK JDUNHLQH9HUERWHDXV]XVSUHFKHQ0DQNRQQWHVRJDUHLQ*HVHW]LQ.UDIWODVVHQGDV MHGHP %UJHU GHU DXI HLQH DQGHUH *HEXUWVZHOW YHUZHLVHQ NRQQWH GDV 5HFKW DXI IUHLH5DXPIDKUWJDUDQWLHUWH $OV -RFN PLW VHLQHQ :DVZlUHZHQQhEHUOHJXQJHQ EHL GLHVHQ EHXQUXKLJHQGHQ 0|JOLFKNHLWHQ DQJHODQJW ZDU HUJULII HU GLH ,QLWLDWLYH (U VWDUWHWH VHLQH .DPSDJQH ³'DV 5HFKW MHGHQ 7HUUDQHUV DXI +HLPNHKU ]XU (UGH XQG ERW DOOHQ +LOIHVXFKHQGHQ VHLQH 'LHQVWH DOV ³$PWVVFKUHLEHU DQ XQG VLHKH GD HU ZXUGH EDOG I|UPOLFK PLW $QJHERWHQEHUKlXIW'LH/HXWHVWDQGHQYRUVHLQHP+DXVUHJHOUHFKW6FKODQJHXQG PDQFKHVRZLH/LYDVXFKWHQLKQWlJOLFKKHLP ,P /DXI GHU -DKUH KDWWH -RFN 7DXVHQGH $QWUlJH YRQ 7HUUDQHUQ JHVWHOOW GLH DOOH *HOHJHQKHLW KDEHQ ZROOWHQ ]XU (UGH ]X UHLVHQ 'LH PHLVWHQ YRQ LKQHQ ZDUHQ 7RXULVWHQ GLH LKUH +HLPDW GLH :LHJH GHU WHUUDQLVFKHQ 0HQVFKKHLW QXU EHVXFKHQ ZROOWHQ (V JDE DEHU DXFK HLQLJH LQ GHQHQ -RFN GDV +HLPZHK JHZHFNW KDWWH XQG GLHGHQ:XQVFKlXHUWHQDXI7HUUDVHKDIW]XZHUGHQ'HU)DOO&DPEHU(QJVWHOO GHU DXI 7HUUD HLQH VFKXOLVFKH $XVELOGXQJ DQVWUHEWH EHVD GDJHJHQ HKHU 6HOWHQKHLWVZHUW VLFKHU HQWVSUDQJ GLHVHU :XQVFK QLFKW &DPEHU VHOEVW VRQGHUQ VHLQHUHKUJHL]LJHQ0XWWHU :LH DXFK LPPHU QDFKGHP -RFN GHQ :XQVFK HUVW HLQPDO DUWLNXOLHUW KDWWH IDQGHQ VLFK7HUUDQHURKQH=DKOGLHVLFKVHLQHU.DPSDJQHDQVFKO|VVHQ8QGHUKDWWHGDPLW HLQHQ 6WHLQ LQV 5ROOHQ JHEUDFKW GHU VLFK DOV /DZLQH JHJHQ GLH &KLSEXUJHQ GHU %URNUDWHQ ZlO]WH -RFN ZDU ]XP 6FKUHFNHQ GHU %HDPWHQ JHZRUGHQ GLH VHOEVW $QDOSKDEHWHQ VLFK JHJHQ VHLQH $WWDFNHQ QLFKW PHKU ]X KHOIHQ ZXWHQ XQG VLFK KLQWHU0DXHUQDXV3DUDJUDSKHQYHUVFKDQ]WHQGLHLKUH6\QWURQVDXVVSXFNWHQ (LQHQGXUFKVFKODJHQGHQ(UIROJKDWWH-RFNELVMHW]W]ZDUQRFKQLFKW]XYHU]HLFKQHQ JHKDEW DEHU HV EHVWDQG +RIIQXQJ GD VLFK HLQ VROFKHU GHPQl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lQJOLFK HUZLHV VSlWHU YLHOOHLFKW HLQHQ ]ZHLWHQ 3DVVDJLHUUDXPHUDQIRUGHUQXQGLUJHQGZDQQHLQHQGULWWHQEHNRPPHQ $EHUGDVZDU=XNXQIWVPXVLN =XHUVW HLQPDO ZROOWH -RFN GLH $EIHUWLJXQJ GHV HUVWHQ +HLPNHKUHUWUDQVSRUWV DEZDUWHQ(UKDWWH HLQH /LVWH YRQ 3HUVRQHQ GLH YRUUDQJLJ DEJHIHUWLJW ZHUGHQ VROOWHQ 'DUDXI VWDQG &DPEHU (QJVWHOO ]LHPOLFK ZHLW REHQ 6HOEVW KDWWH VLFK -RFN QLFKW GUDXIJHVHW]W 'HU :XQVFK VHOEVW GLH (UGH ]X EHWUHWHQ ZDU KLQWHU GHP %HGUIQLV DQGHUHQ GD]X ]X YHUKHOIHQ ]XUFNJHWUHWHQ -RFN NDP VLFK HLQ ZHQLJ
VRJDUZLHHLQ0lUW\UHUYRU ³'HU QlFKVWH ELWWH ULHI HU XQG O|VWH GDPLW WXPXOWDUWLJH 6]HQHQ LP EHUIOOWHQ :DUWHVDDODXV ³'DVNDQQLFKQLFKWJODXEHQVDJWH-RFNHQWJHLVWHUWDOVHUGDV5DXPVFKLIIVDKGDV 7HUUD JHVFKLFNW KDWWH ³,Q GLHVHU 1XVFKDOH KDEHQ DOOHUK|FKVWHQV ]ZHL 'XW]HQG 3DVVDJLHUH3ODW]XQGDXFKGDVQXUZHQQPDQVLHEHUHLQDQGHUVFKLFKWHW ª(VVLQGVHFKV 3DVVDJLHUH]XJHODVVHQXPJHQDX]XVHLQVDJWHGHU5RERW³$EHU LKQHQZLUGGLH(/<6,$1DOOHQQXUHUGHQNOLFKHQ.RPIRUWELHWHQ ³'DV LVW HLQ :LW] (LQH =XPXWXQJ (LQH 9HUK|KQXQJ -RFN OLH VHLQHP bUJHU XQGVHLQHU(QWWlXVFKXQJIUHLHQ/DXI³'DVJLEWHLQHQ$XIVWDQG:LHVROOLFKDOOGHQ 7DXVHQGHQ DQGHUHQ GLH GDV 1DFKVHKHQ KDEHQ HUNOlUHQ GD VLH ]XKDXVH EOHLEHQ PVVHQ ³6LHK HV DOV =HLFKHQ GHV JXWHQ :LOOHQV VDJWH GHU 5RERW ³(V KDQGHOW VLFK XP HLQHQ 3UREHODXI :HQQ VLFK GLH 6DFKH EHZlKUW ZLUG 7HUUD VLFKHU ZHLWHUH XQG JU|HUH 3DVVDJLHUWUDQVSRUWHU ]XU 9HUIJXQJ VWHOOHQ (V LVW VFKOLHOLFK HLQ ULVNDQWHV([SHULPHQW ³-DHVLVWZHQLJVWHQVHLQ7HLOHUIROJPXWH-RFN]XJHEHQ:HQQHUHKUOLFK]XVLFK VHOEVWZDUGDQQPXWHHU]XJHEHQGDHUQLFKWZLUNOLFKJHJODXEWKDWWHPLWVHLQHU .DPSDJQH(UIROJ]XKDEHQ$EHUGDPDQVHLQHQ)RUGHUXQJHQQDFKJHJHEHQKDWWH ZDUHUPLWGHP(UUHLFKWHQXQ]XIULHGHQ(UKDWWHEHU+HLPNHKUHUDXIVHLQHU /LVWH(UQDQQWHVHLQJU|WHV3UREOHP³1DFKZHOFKHQ.ULWHULHQVROOLFKVHFKVDXV IQIWDXVHQGDXVZlKOHQ" ³'DVVROOGHLQ3UREOHPQLFKWVHLQHUZLGHUWHGHU5RERW³:LUKDEHQGLH$XVZDKO JHWURIIHQ 'LH VHFKV 3DVVDJLHUH ZXUGHQ GXUFK /RV EHVWLPPW (V VLQG GLHV 6KHLQ $UNUDP 2UWKHO %LOODJKHU &DPEHU (QJVWHOO 5KRQGD 0LQWUDGH XQG $VF\OD 9LHJDQG ³'DV VLQG HUVW IQI 1DPHQ VWHOOWH -RFN IHVW 0LW GHU $XVZDKO ZDU HU JUXQGVlW]OLFK ]XIULHGHQ GHQQ GLHVH GUHL 0lQQHU XQG GLH EHLGHQ )UDXHQ VWDQGHQ DXFKDXIVHLQHU/LVWHJDQ]REHQ³:HULVWGHUVHFKVWH3DVVDJLHU" ³'XQDWUOLFKVDJWHGHU5RERW ³,FK" -RFN EOLHE YRU hEHUUDVFKXQJ GHU 0XQG RIIHQ ³8QG ZLH VROO LFK PHLQHQ .OLHQWHQHUNOlUHQGDDXVJHUHFKQHWLFKHLQHUMHQHUZHQLJHQELQGLHGDVJURH/RV JH]RJHQKDEHQ" ³6RYLHO ZLU ZLVVHQ KDVW GX GLHVHQ )HOG]XJ GRFK QXU LQV]HQLHUW XP HLQH 3DVVDJH IU GLFK ]X HUZLUNHQ KLHOW LKP GHU 5RERW YRU ³'LHVHV =LHO KDVW GX HUUHLFKW 6HL GDPLW]XIULHGHQ ³-DGDVVFKRQDEHU JDE-RFN]X 8UVSUQJOLFKZDUHVLKPWDWVlFKOLFKQXUGDUXPJHJDQJHQGLH(UGHQRFKHLQPDO]X VHKHQXQGYLHOOHLFKWGLH OHW]WHQ-DKUH VHLQHV /HEHQVDEHQGVDXI GHU+HLPDWZHOW ]X YHUEULQJHQ7HUUDVHKHQXQGVWHUEHQKDWWHVHLQ7UDXPJHKHLHQ'LHVHU7UDXPZDU QXQ LQ GHQ +LQWHUJUXQG JHWUHWHQ KDWWH HLQHP DQGHUHQ YLHO JHZDOWLJHUHQ 3ODW] JHPDFKW +lWWH PDQ LKP GLH (UIOOXQJ VHLQHV NOHLQHQ :XQVFKHV QLFKW VR VFKZHU JHPDFKW KlWWH HU ZRKO QLH GLHVH SODQHWHQZHLWH .DPSDJQH JHVWDUWHW 'LH %URNUDWHQ KDWWHQ LKQ KHUDXVJHIRUGHUW ,Q]ZLVFKHQ ZDU HU MHGRFK ]XP 9HUIHFKWHU GHU,GHHHLQHVJHZDOWLJHQ3LOJHUIOXJV]XU(UGHJHZRUGHQXQGKDWWHVHLQHQ.OLHQWHQ XPQLFKW]XVDJHQ$QKlQJHUQJHJHQEHU9HUSIOLFKWXQJHQEHUQRPPHQ
:HQQHUVLFKGLH6DFKHMHGRFKUHFKWEHUOHJWHVRZDUHVYLHOOHLFKWEHVVHUZHQQHU SHUV|QOLFK PLW GHP HUVWHQ 7UDQVSRUW QDFK 7HUUD PLWIORJ (U NRQQWH DXI GHU (UGH VHOEVW YLHO HIIHNWLYHU IU VHLQH ,GHHQ HLQWUHWHQ RKQH GHQ 8PZHJ EHU GLH %URNUDWHQYRQ6KRXUPDJHUQHKPHQ]XPVVHQ -DGDPLWNRQQWHHUVHLQHQHQWWlXVFKWHQ.OLHQWHQVHLQH7HLOQDKPHDQGLHVHPHUVWHQ 3LOJHUIOXJJODXEKDIWPDFKHQ (VZDU QLFKW VRGD HU VHLQH$QKlQJHULP6WLFK OLH VRQGHUQHUIORJ QDFK 7HUUD XP GLH +HEHO EHL 1$7+$1 VHOEVW DQ]XVHW]HQ LQ GHU WHFKQLVFKHQ 1HUYHQ]HQWUDOH GHV*DODNWLNXPV -RFN XQG GLH IQI DQGHUHQ 3DVVDJLHUH ZXUGHQ YRQ HLQHP 5RERWHU GHV %RGHQSHUVRQDOV DQ %RUG GHV NOHLQHQ 5DXPVFKLIIHV JHEUDFKW 6LH ZDUHQ DOOHVDPW EHUDXVQHUY|VXQGNRQQWHQHVQLFKWIDVVHQGDGLHVHVZLQ]LJH*HIlKUWVLHEHUGLH XQYRUVWHOOEDUH(QWIHUQXQJYRQEHU/LFKWMDKUHQEHI|UGHUQVROOWH 1DFKGHPGHU5RERWHUGDV6FKLIIZLHGHUYHUODVVHQXQGVLFKGLH/XIWVFKOHXVH KLQWHU LKPJHVFKORVVHQKDWWHZXUGHQLKQHQEHU/DXWVSUHFKHULKUH.DELQHQ]XJHZLHVHQ 'HU 6SUHFKHU GHU 6WLPPH QDFK ]X VFKOLHHQ HLQ 0DQQ YHUDEVFKLHGHWHVLFK PLW GHQ :RUWHQ³:LUZHUGHQHLQDQGHULP2UELWNHQQHQOHUQHQ,FKVFKDOWHLQ]ZLVFKHQHXUH 9LVLSKRQH DXI .RQIHUHQ]VFKDOWXQJ GDPLW LKU XQWHUHLQDQGHU GDV :XQGHU GHU 5DXPIDKUWGLVNXWLHUHQN|QQW 'DVNODQJEHUDXVKHUDEODVVHQGDEHU-RFNZDUGHP7HUUDQHUQLFKWE|VHGDHUVLH IU +LQWHUZlOGOHU KLHOW 'DV ZDUHQ VLH VFKOLHOLFK DXFK ZLH GDV IROJHQGH .RPPXQLNDWLRQVFKDRV EHL GHP DOOH JOHLFK]HLWLJ EHU 9LVLSKRQ VSUDFKHQ DXFK GHXWOLFKGRNXPHQWLHUWH 6KHLQ$UNUDPPLW-DKUHQGHUlOWHVWHQDFK-RFNGHULQGHP5XIVWDQGGHUEHVWH 'DXHUUHGQHU YRQ ,OOLVWUR ]X VHLQ ZXWH QLFKWV DQGHUHV DOV LPPHU ZLHGHU QXU ]X VDJHQ³:HQQGDVQXUJXWJHKW $VF\OD9LHJDQGHLQHMXQJHURWKDDULJH)UDXYRQMHQHP7\SZLH-RFNVLHVLFKLPPHU DOV 7RFKWHU JHZQVFKW KDWWH EHYRU VLH ]XP HUVWHQPDO GHQ 0XQG DXIPDFKWH JDE LKUH :HLVKHLWHQ EHU GDV /HEHQ DXI 7HUUD ]XP EHVWHQ GLH VLH VLFK DXV LUJHQGZHOFKHQREVNXUHQ4XHOOHQEHVFKDIIWKDWWH 5KRQGD 0LQWUDGH PLW LP XQJHIlKU JOHLFKHQ $OWHU ZLH %LOODJKHU XQG QLFKW PLQGHUDWWUDNWLYHUZLHVVLFKGDJHJHQDOVMHQHU7\SYRQ)UDXXPGLH-RFNLPPHU HLQHQ ZHLWHQ %RJHQ JHPDFKW KDWWH HJDO ZHOFKHQ $OWHUV VLH ZDUHQ %HVVHUZLVVHQG XQGVWUHLWVFKWLJOHJWHVLHVLFKDXFKVRIRUWPLW$VF\ODDQXQGEHKDXSWHWHVWHLIXQG IHVW7HUUDQLDGLH+DXSWVWDGWGHU(UGHKDEHIUKHU0RVNDXJHKHLHQ 2UWKHO %LOODJKHU GHU VLFK UKPWH DXI DOOHQ )HVWHQ GLH HU PLW VHLQHU $QZHVHQKHLW EHJOFNWKDWWHDOV3DUW\O|ZHJHNUWZRUGHQ]XVHLQYHUVXFKWHGLHEHLGHQ)UDXHQ QLHGHU]XVFKUHLHQ XQG PDFKWH GDGXUFK HLQH KDOEZHJV YHUQQIWLJH 8QWHUKDOWXQJ HQGJOWLJ]XQLFKWH *HJHQ LKQ XQG GLH EHLGHQ VWUHLWHQGHQ )UDXHQ KDWWH &DPEHU (QJVWHOO /LYDV VWUHEVDPHU6RKQQLFKWGLHJHULQJVWH&KDQFHDOVHUYHUVXFKWH-RFNLUJHQGHWZDV]X IUDJHQ 'DV &KDRV ZXUGH HUVW EHLJHOHJW DOV GLH .RQIHUHQ]VFKDOWXQJ YRQ GHU .RPPDQGR]HQWUDOH GHU (/<6,$1 DXV XQWHUEURFKHQ ZXUGH XQG HLQH )UDXHQVWLPPHVLFKPHOGHWH ³,KUKDEWQRFKHLQH0HQJH]XOHUQHQEHYRUZLUHXFKDXIGLHDKQXQJVORVHQ7HUUDQHU ORVODVVHQ N|QQHQ 9HUODW MHW]W HXUH .DELQHQ XQG IROJW GHQ :HJZHLVHUQ DXIV
7KHUDSLHGHFN :LU KDEHQ 3DUNSRVLWLRQ LP 2UELW YRQ %HVWLHQUXPPHO HUUHLFKW XQG N|QQHQPLWGHUHUVWHQ/HNWLRQEHJLQQHQ -RFNOLHVLFK=HLWXPGHQDQGHUHQGHQ9RUWULWW]XODVVHQXQGQLFKWDP(QGHJDULQ GLH YHUEDOH $XVHLQDQGHUVHW]XQJ HLQEH]RJHQ ]X ZHUGHQ $OV HU GDV OX[XUL|V DXVJHVWDWWHWH 2EHUGHFN HUUHLFKWH KDWWHQ GLH DQGHUHQ EHUHLWV DXI GHQ 6LW]ElQNHQ 3ODW]JHQRPPHQ 9RULKQHQKDWWHQVLFK]ZHL3HUVRQHQLQOLQGJUQHQ.RPELQDWLRQHQDXIJHEDXW(LQ MXJHQGOLFK ZLUNHQGHU VFKODQNHU 0DQQ PLW VWUDII ]XUFNJHNlPPWHP XQG LP 1DFNHQYHUNQRWHWHQEORQGHP+DDUXQGHLQH)UDXGLHHLQZHLEOLFKHV(EHQELOGYRQ LKP]XVHLQVFKLHQXQGLKUJROGHQVFKLPPHUQGHV+DDURIIHQWUXJVRGDHVLKUZHLW EHUGLH6FKXOWHUQILHO'LHEHLGHQZDUHQHLQHLLJH=ZLOOLQJHGDUDXIKlWWH-RFNMHGHQ (LQVDW]JHZHWWHW 6LH ZDUHQ GLH JDQ]H %HVDW]XQJ GHU (/<6,$1 'HU 0DQQ VWHOOWH VLFK DOV 3LORW 'XULDQ-HQWRQYRU'LH)UDXZDU3V\FKRORJLQXQGKLH$ULDQQH+HPDWHULKUREODJ QLFKW QXU GLH %HWUHXXQJ GHU VHFKV 3DVVDJLHUH VRQGHUQ VLH ZDU DXFK JOHLFK]HLWLJ .RSLORWLQ XQG WHLOWH VLFK DXFK GLH DQGHUHQ $XIJDEHQEHUHLFKH GHU 6FKLIIVIKUXQJ PLW -HQWRQ 'LH YHUVFKLHGHQHQ )DPLOLHQQDPHQ DN]HSWLHUWH -RFN QLFKW DOV %HZHLV GDIU GD GLH EHLGHQ QLFKW PLWHLQDQGHU YHUZDQGW XQG GHPQDFK NHLQH =ZLOOLQJH ZDUHQ ³$PEHVWHQZLUOHUQHQHLQDQGHUHUVWHLQPDOHLQZHQLJQlKHUNHQQHQVDJWHGLH)UDX PLWHLQQHKPHQGHP/lFKHOQ³8PGDV(LV]ZLVFKHQXQV]XEUHFKHQZHUGHLFKGHQ $QIDQJ PDFKHQ XQG HLQIDFK GUDXIORV SODXGHUQ ZLH HV PLU LQ GHQ 6LQQ NRPPW (LQYHUVWDQGHQ" $ULDQQH +HPDWHUV =ZLOOLQJVEUXGHU YHU]RJ DEIlOOLJ GHQ 0XQG VDJWH YRUHUVW DEHU QLFKWV %HLGHZDUHQQRFKVHKUMXQJ-DKUJDQJXQGZDUHQVRPLWODQJHQDFKGHU*URHQ .RVPLVFKHQ .DWDVWURSKH XQG GHU ,VROLHUXQJ GHU 0LOFKVWUDH JHERUHQ ZRUGHQ ² DEHU QDFK $ULDQQHV $XVVDJH QLFKW DXI 7HUUD 'LH )UDX EH]HLFKQHWH EHLGH DOV JXW JHVFKXOWH )DFKNUlIWH ZDV -RFNDXFK YRUEHKDOWORVJODXEHQZROOWH$EHUGDIUZDUHU VLFKVLFKHUGDVLHEHUGDV/HEHQYRQIUKHUQLFKWVZXWHQ ,Q SXQFWR 0LOFKVWUDHQJHVFKLFKWH ZDUHQ VLH VRJDU UHJHOUHFKWH 1XOOHQ ZLH HU EDOG IHVWVWHOOWH GHQQ VLH EUDFKWHQ -DKUHV]DKOHQ XQG GD]XJHK|ULJH (UHLJQLVVH KRIIQXQJVORV GXUFKHLQDQGHU 0DQFKH KLVWRULVFKHQ (UHLJQLVVH ZDUHQ LKQHQ Y|OOLJ XQEHNDQQW GDIU JDEHQ VLH DQGHUH DOV JHVFKLFKWOLFK EHOHJW DXV GLH EHUKDXSW QLH VWDWWJHIXQGHQKDWWHQ -RFN ZROOWH VLFK QLFKW DOV 6FKXOPHLVWHU DXIVSLHOHQ GDUXP VDK HU EHU GLHVH %LOGXQJVOFNHQ KLQZHJ XQG K|UWH VLFK HLQIDFK DQ ZDV GLH EHLGHQ *HVDQGWHQ 7HUUDVLKQHQ]XVDJHQKDWWHQ 1DFKGHPGLH)UDXLKUH(LQOHLWXQJEHHQGHWKDWWHHUJULII'XULDQ-HQWRQGDV:RUW ³'HU )OXJ QDFK 7HUUD ZLUG HLQH :RFKH GDXHUQ HUNOlUWH HU LKQHQ ³:LU N|QQWHQ YLHOVFKQHOOHUDP=LHOVHLQDEHUHVLVWQ|WLJHXFK]XYRUHLQZHQLJ]XLQVWUXLHUHQ (U EOLFNWH GLH VHFKV 3DVVDJLHUH GHU 5HLKH QDFK DQ XQG VHLQ %OLFN EOLHE GDQQ DXI -RFNKDIWHQ(UIUDJWH³:DUHLQHUYRQHXFKVFKRQPDODXIGHU(UGH" ³:LU VLQG DOOH DXI GHU (UGH JHERUHQ DQWZRUWHWH -RFN ZHLO HU VLFK DQJHVSURFKHQ IKOWH³$EHULFKELQYHUPXWOLFKGHUHLQ]LJHGHUVLFKQRFKLQDOOHQ(LQ]HOKHLWHQDQ 0XWWHU (UGH HULQQHUW ,FK KDEH VFKOLHOLFK ELV YLHUKXQGHUWVLHEHQXQGYLHU]LJ DXI
7HUUD JHOHEW XQG QRFK GLH VLHEHQ 3ODJHQ 9LVKQDV DP HLJHQHQ /HLE ]X VSUHQ EHNRPPHQ(LQVWHLQV7UlQHQ ³9HUJL GDV KHUUVFKWH 'XULDQ LKQ DQ ³9HUJL DOOHV ZDV GX EHU GDV IUKHUH /HEHQ DXI GHU (UGH ZHLW 1LFKWV GDYRQ ]lKOW PHKU (V LVW DOOHV JDQ] DQGHUV JHZRUGHQ 9HUVXFKH HUVW JDU QLFKW GLU YRU]XVWHOOHQ ZLH HV MHW]W LVW 'X ZLUVW GLH (UGHQLFKWZLHGHUHUNHQQHQ1LFKWGDV%LOGLKUHU2EHUIOlFKHQLFKWGLH0HQVFKHQGLH GDUDXI OHEHQ (U QDKP GHQ %OLFN YRQ -RFN XQG OLH LKQ ZLHGHU EHU GLH DQGHUHQ JOHLWHQ³'LH(UGHZLUGIUHXFKHLQVHKUIUHPGHU2UWVHLQPLWNHLQHPDQGHUHQLP 8QLYHUVXPYHUJOHLFKEDU,FKKRIIHQXUIUHXFKGDLKUGLHVYHUNUDIWHW (VNODQJXQKHLOGURKHQGDEHU$ULDQQHQDKPVHLQHQ:RUWHQVRIRUWGHQ'RUQDOVVLH ZLHGHUGDV:RUWHUJULII ³/DW HXFK YRQ 'XU\ QLFKW HLQVFKFKWHUQ VDJWH VLH PLW GHP HQWZDIIQHQGHQ /lFKHOQGHU3V\FKRORJLQ³'LH(UGHLVWGLHZXQGHUEDUVWH:HOWGHV8QLYHUVXPV6LH ZLUGHXFKIUHPGHUVFKHLQHQGDKDW'XU\JDQ]UHFKWDEHUDXFKYROOHU:XQGHUXQG 6FK|QKHLW:HQQLKUHXFKHUVWDQGLH9HUlQGHUXQJHQJHZ|KQWKDEWXQGZHQQLKU JDULQGHU/DJHVHLQVROOWHWHXFKGHP/HEHQDXIGHU(UGHDQ]XSDVVHQGDQQZHUGHW LKUPLUUHFKWJHEHQGDGLH(UGHXQGLKUH0HQVFKHQHLQ:LUNOLFKNHLWJHZRUGHQHU 7UDXPVLQG ³(LQ $OSWUDXP IU MHQH GLH ]X VFKZDFK LP *HLVWH VLQG DQ GLHVHP :XQGHU WHLO]XKDEHQ VDJWH 'XULDQ(UOLH NHLQHQ=ZHLIHO GDUDQ GDHU VLHDOOH VHFKV DOV SV\FKLVFK]XVFKZDFKHLQVWXIWH³,KUZHUGHWVFKRQQRFKVHKHQ 8QGZLHGHU$ULDQQHVHUPXWLJHQGHV/lFKHOQ ³,KU ZHUGHW HV VFKRQ VFKDIIHQ VDJWH VLH ]XYHUVLFKWOLFK ³8P DEHU GLH 0LQGHVWYRUDXVVHW]XQJHQIUHLQHQ$XIHQWKDOWDXI7HUUD]XJHEHQPVVHQZLUHXFK HQWVSUHFKHQGYRUEHUHLWHQ,KUEHNRPPWHLQHSDVVDEOH+\SQRVFKXOXQJGLHHXFKGHQ (LQVWLHJ HUOHLFKWHUQ ZLUG 'LHV LVW DXFK GHU *UXQG IU GLH 9HU]|JHUXQJ XQVHUHU 5HLVH,KUVROOWXQVQDFKKHUQLFKWGHQ9RUZXUIPDFKHQN|QQHQHXFKXQYRUEHUHLWHW GHPQHXHQ*HVFKOHFKWGHU7HUUDQHUDXVJHOLHIHUW]XKDEHQ6HLGLKUEHUHLWIUGLHVHQ JURHQ6FKULWW" 'LH DQGHUHQ VFKZLHJHQ YHUXQVLFKHUW GXUFK 'XULDQV 9HUKHLXQJ P|JOLFKHU %HGURKXQJHQZLH-RFNIDQG(UMHGHQIDOOVOLHVLFKGDYRQQLFKWEHHLQGUXFNHQ(U ZDU YLHO ]X DEJHNOlUW XP VLFK YRQ VROFK HLQHP EHUKHEOLFKHQ 1DVHZHLV HLQVFKFKWHUQ]XODVVHQ ³:HQQ LKU JHVWDWWHW VWHOOH LFK PLFK DOV HUVWHU ]XU 9HUIJXQJ VDJWH HU XQG HUKRE VLFK ³,FK NDQQ HV NDXP PHKU HUZDUWHQ ]XU (UGH ]X NRPPHQ 8QG LFK KDEH DXFK GLHZHQLJVWH=HLWYRQDOOHQ]XU9HUIJXQJ $ULDQQH VFKHQNWH LKP LKU ]lUWOLFKVWHV /lFKHOQ XQG IXKU LKP VDQIW EHU GDV ZHWWHUJHJHUEWHIDOWLJH*HVLFKW ³:HUZHLDOWHU0DQQYLHOOHLFKWKDVWGXQRFKGLH(ZLJNHLWYRUGLU:HUZHL ,,7HUUD -RFNKDWWHJHOHUQW 7HUUDQHU VLQG ,QGLYLGXDOLVWHQ MHGHU HLQ 8QLYHUVXP IU VLFK RKQH MHGRFK DOV (LQ]HOJlQJHURGHU 6RQGHUOLQJEH]HLFKQHW ZHUGHQ]XN|QQHQ(VLVW DXFKQLFKWVR GD HLQ 7HUUDQHU VLFK VHOEVW JHQJHQ ZUGH HU EUDXFKW GLH 0LWPHQVFKHQ VHLQH )UHXQGHXQGHYHQWXHOOVHLQH)DPLOLHLKPUHLFKWDEHUGLH*HZLKHLWVLHXPVLFK
]XKDEHQRKQHDXFKLPJOHLFKHQ0DLKUHN|USHUOLFKH1lKHVXFKHQ]XPVVHQ'DV :LVVHQ GHV HLQHQ YRP DQGHUHQ GDV %HZXWVHLQ PLW GHQ DQGHUHQ DXI 7HUUD YHUZXU]HOW]XVHLQHUVHW]WGLHN|USHUOLFKH%HUKUXQJRSWLPDO 0HUNH 6W|UH QLH HLQHV 7HUUDQHUV ,QWLPVSKlUH HV VHL GHQQ HU VSULFKW GLFK DQ 6SULFKLKQQLFKWXQJHIUDJWDQYHUVXFKHQLFKWXPVHLQH$XIPHUNVDPNHLW]XEXKOHQ HULVWVLFKGHLQHUMHGHU]HLWEHZXW:HQQHUPLWGLUQlKHUH%HNDQQWVFKDIWPDFKHQ ZLOOZLUVWGXHVHUIDKUHQ 'LH (/<6,$1 PDFKWH LP :HJD6\VWHP =ZLVFKHQVWRSS GHU GDQQ ]X HLQHP IDVW HLQWlJLJHQ$XIHQWKDOWLP2UELWGHV3ODQHWHQ*ROZXUGH 'LH 6FKXOXQJ ZDU IDVW DEJHVFKORVVHQXQG-RFNHQWJLQJGLH 9HUlQGHUXQJGLH PLW GHQ DQGHUHQ (UGHQSLOJHUQ YRU VLFK JHJDQJHQ ZDU QLFKW $VF\OD XQG 5KRQGD GLH EHLGHQVWUHLWEDUHQ)UDXHQ]DQNWHQVLFKQLFKWPHKU2UWKHOKDWWHGDV*HKDEHHLQHV 3DUW\O|ZHQ VFKRQ QDFK GHU HUVWHQ /HNWLRQ DEJHOHJW XQG GHU 'DXHUUHGQHU 6KHLQ KLHOW NHLQH EHUIOVVLJHQ 5HGHQ PHKU VRQGHUQ EHVFKUlQNWH VLFK EHL DOOHP ZDV HU VDJWHDXIZHQLJHDXVVDJHNUlIWLJH:RUWH 'DJHJHQ ZLUNWH GHU IUKHU VRQVW VR ]XUFNKDOWHQGH &DPEHU XQJHZ|KQOLFK DXIJHNUDW]WEHLQDKHH[DOWLHUW -RFNZXWHZDVPLW/LYDV6RKQYRUVLFKJHJDQJHQZDUGHQQDXFKHUVSUWHHLQH LQQHUOLFKH (UUHJXQJ XQG $QVSDQQXQJ GLH VLFK LQ JHVWHLJHUWHU ([WURYHUWLHUWKHLW lXHUWHXQGGLHZRKOHUVWDEJHEDXWZHUGHQZUGHQZHQQVLH7HUUDEHWUDWHQ ,UJHQGZLHIKOWHQVLHVLFKZRKOVHOEVWVFKRQDOVHUGJHEXQGHQH7HUUDQHU 1DFKGHPVLHEHU*RO3DUNSRVLWLRQHLQJHQRPPHQKDWWHQ]RJHQVLFKGLH=ZLOOLQJH LQ LKUH 'RSSHONDELQH ]XUFN XQG OLHHQ VLFK ELV YRU GHP $EIOXJ QLFKW PHKU EOLFNHQ 7HUUDQHU GLH LKUH ,QWLPVSKlUH ZDKUWHQ $ULDQQH KDWWH HV LKQHQ MHGRFK IUHLJHVWHOOWGLH%HREDFKWXQJVJHUlWHGHU.RPPDQGR]HQWUDOH]XEHQXW]HQ -RFN KDWWH GLH 5XKHSDXVH GD]X EHQXW]W VLFK IU HLQH :HLOH HEHQIDOOV LQ VHLQH .DELQH]XUFN]X]LHKHQXQGYRQ7HUUD]XWUlXPHQ$EHUHVJHODQJLKPQLFKWVLFK HLQ]XIULHGHQVWHOOHQGHV%LOGYRP/HEHQDXIGHU(UGH]XYHUVFKDIIHQHUZXWHGD DOOHVJDQ]DQGHUVVHLQZUGHDOVLQVHLQHU9RUVWHOOXQJ (UKLHOWHVQLFKWOlQJHULQGHU.DELQHDXVHUEUDXFKWH*HVHOOVFKDIW(UIDQGVLHLQ GHU .RPPDQGR]HQWUDOH 6HLQH 0LWUHLVHQGHQ ZDUHQ GRUW YHUVDPPHOW XQG EHWUDFKWHWHQ GXUFK GLH 3DQRUDPDNDQ]HO GLH *HVFKHKQLVVH LP $OO 6LH ZDUHQ LQ DWHPORVHU 6SDQQXQJ LQ HLQHQ $QEOLFN YHUWLHIW ZLH LKQ QRFK NHLQHU YRQ LKQHQ MH JHVHKHQKDWWH .DXPKDWWHVLFK-RFN]XLKQHQJHVHOOWGDZDUDXFKHUYRQGHUVHOWVDPHQ6]HQHULH JHIDQJHQ .XQG XP GLH (/<6,$1 WULHEHQ XQ]lKOLJH UHODWLY NOHLQH 2EMHNWH LP 2UELW 6LH ZDUHQ LQ XQ]lKOLJH 5HLKHQ JHJOLHGHUW YLHOIDFK LQ GLH 7LHIH JHVWDIIHOW XQG HQGORV EHUHLQDQGHU (V PXWHQ =HKQWDXVHQGH YLHOOHLFKW VRJDU +XQGHUWWDXVHQGH GLHVHU QLFKWJDQ]IQI0HWHUODQJHQJHRPHWULVFKHQ2EMHNWHVHLQ 6LH KDWWHQ JODWWH DQWKUD]LWIDUEHQH +OOHQ GLH GDV /LFKW GHV 3ODQHWHQ QXU PDWW UHIOHNWLHUWHQXQG-RFNGDFKWHVRJOHLFKGDGLHVHVHOWVDPHQ5DXPVFKLIIHZLH6lUJH DXVVlKHQ,QGHU7DWHVVFKLHQVLFKXP:HOWUDXPVlUJHIU5LHVHQ]XKDQGHOQ 2EZRKO GDV 6FKDXVSLHO ]LHPOLFK HLQW|QLJ ZDU NRQQWH VLFK NHLQHU GHU 3DVVDJLHUH YRQ GHP $QEOLFN ORVUHLHQ 'LH EHUGLPHQVLRQDOHQ :HOWUDXPVlUJH WULHEHQ PLW
JOHLFKEOHLEHQGHU *HVFKZLQGLJNHLW XQG LP $EVWDQG YRQ ]LUND KXQGHUW 0HWHUQ GDKLQDXIGLHVH:HLVHHLQHQJLJDQWLVFKHQ:UIHOELOGHQG 1XULQJHZLVVHQ$EVWlQGHQJDEHV9HUlQGHUXQJHQ=XHUVWKLHOW-RFNGHQ$WHPDQ DOV HU VDK ZLH HLQ %ORFN YRQ HLQLJHQ KXQGHUW 6lUJHQ DXVVFKHUWH VLFK LQ HLQHU GLFKWHQ 5HLKH DXIIlGHOWH GDQQ ZLH DXI .RPPDQGR )DKUW DXIQDKP XQG GDQQ HLQIDFKYHUVFKZDQG$EHUDXFKGLHVHU9RUJDQJZDUQLFKWV8QJHZ|KQOLFKHVGHQQ HU ZLHGHUKROWH VLFK DOOH ]ZHL 6WXQGHQ 8QG MHGHVPDO ZHQQ HLQ 3XON 6lUJH YHUVFKZDQGZXUGHGLH'LIIHUHQ]GXUFKGLHJOHLFKH0HQJHYRQ6lUJHQHUJlQ]WVLH WDXFKWHQ DP (QGH GHU :DUWHVFKODQJH LQ HLQHU .HWWH DXI XQGJOLHGHUWHQVLFKLQGLH )RUPDWLRQHLQ (LQ HQGORV VFKHLQHQGHU .UHLVODXI 'RFK GDQQ ZXUGH GLHVHU XQWHUEURFKHQ (V ZDU JHJHQ (QGH LKUHV $XIHQWKDOWV DOV -RFN IHVWVWHOOWH GD NHLQH QHXHQ 6lUJH PHKU QDFKNDPHQ$XVLUJHQGHLQHP*UXQGGHULKPNHLQHVZHJVDOVDEDUWLJHUVFKLHQZDU HU GDUEHU HQWWlXVFKW ,UJHQGZDQQ ZHQQ GLH OHW]WHQ 6lUJH DXI GLH 5HLVH LQV ,UJHQGZRJLQJHQZUGHGLHVHVHLQPDOLJH6FKDXVSLHOHLQ(QGHILQGHQ 'XULDQ XQG $ULDQQH NDPHQ DXI LKUH 3RVWHQ ]XUFN XQG WUDIHQ ZRUWORV GLH 9RUEHUHLWXQJHQ IU GLH OHW]WH )OXJHWDSSH LQV 6ROV\VWHP 6LH JDEHQ NHLQHUOHL (UNOlUXQJHQ DE XQG GLH (UGHQSLOJHU ZDJWHQ QLFKW LKQHQ )UDJHQ ]X VWHOOHQ 6LH ]RJHQVLFKMHGHUVHLQHQHLJHQHQ*HGDQNHQQDFKKlQJHQGDXIV2EHUGHFN]XUFN ³(QGVWDWLRQYHUNQGHWH$ULDQQH EHUGLH 5XQGUXIDQODJH³,KUN|QQW HXFKVFKRQ VHHOLVFK DXI GHQ JURHQ $XJHQEOLFN YRUEHUHLWHQ ,Q NQDSS HLQHU 6WXQGH GUIW LKU GHQ%RGHQGHUJXWHQDOWHQ(UGHNVVHQ -RFNIKOWHVLFKGXUFKVFKDXWGHQQJHQDXGDVKDWWHHUVLFKYRUJHQRPPHQ(UKLHOW HV DXI GHP 2EHUGHFN QLFKW PHKU DXV XQG EHJDE VLFK LQ GLH .RPPDQGR]HQWUDOH -RFNPXWHGLH(UGHDXVGHP$OOVHKHQ'LHDQGHUHQIROJWHQLKPZLHDXI*HKHL $OVHUGDQQGXUFKGLH3DQRUDPDVFKHLEHEOLFNWHVDKHUQXUQRFKHLQ3ODQHWHQYLHUWHO GHVVHQJHERJHQHU+RUL]RQWLPPHUIODFKHUZXUGH'LHPLOFKLJH$WPRVSKlUHEHJDQQ GLH 6WHUQH ]X YHUVFKOXFNHQ HLQ VLFK YHUGXQNHOQGHV %ODX O|VWH GLH 6FKZlU]H GHV $OOVDE $XV GHU 7LHIH YRQ GHU 2EHUIOlFKH GHU (UGH NRPPHQG VFKREHQ VLFK ZLQ]LJH 2EMHNWH KHUDQ ZXUGHQ JU|HU XQG JU|HU HQWSXSSWHQ VLFK DOV VDUJlKQOLFKH JHRPHWULVFKH *HELOGHDQWKUD]LWIDUEHQVFKRVVHQPLWJURHU*HVFKZLQGLJNHLWDQGHU (/<6,$1YRUEHLXQGYHUVFKZDQGHQHLQHHQGORVH6FKODQJH -RFNVDKVLHLP*HLVWZLHVLHVLFKLP2UELW7HUUDV]XHLQHP3XONIRUPLHUWHQVFKLHU HQGORV LQ GLH 7LHIH XQG +|KH JHVWDIIHOW XQG GDUDXI ZDUWHWHQ GHQ 7UDQVIHULPSXOV LQV :HJD6\VWHP ]X HUKDOWHQ 'DEHL NDP LKP MHGRFK QLHGHU*HGDQNH GD GLHVHV *HVFKHKHQ HWZDV PLW 6WHUEHQ XQG 7RG ]X WXQ KDEHQ N|QQWH LQ LKP ZXUGH GHU (LQGUXFNHLQHVKHLOLJHQ5LWXDOVJDQ]DQGHUHU$UWHUZHFNW 8QWHU GHU (/<6,$1 WDXFKWH HLQ GXQNOHU )OHFN DXI (U ZXUGH UDVFK JU|HU XQG ]HLJWH DOVEDOG GLH W\SLVFKHQ 6WUXNWXUHQ HLQHU 6WDGW ZXFKV ]X HLQHU JHZDOWLJHQ 0HWURSROH7HUUDQLD 8QG GDQQ ZDU GLH (/<6,$1 DXI GHP 'DFK HLQHV +DQVHJHElXGHV JHODQGHW LP =HQWUXP YRQ +4+DQVH $ULDQQH IRUGHUWH GLH VHFKV 3DVVDJLHUH DXI GDV 6FKLII ]X YHUODVVHQXQGGDQDFKGHQ+LQZHLVHQ]XIROJHQ'LH(UGHQSLOJHUZDUHQDXVUHLFKHQG LQVWUXLHUWXQGDXIGLHVHQ$XJHQEOLFNYRUEHUHLWHWVRGDVLHNHLQH)UDJHQ]XVWHOOHQ EUDXFKWHQ -HGHU EHNDP HLQH LQGLYLGXHOOH %HWUHXXQJ XQG $ULDQQH KDWWH LKQHQ LQ
$XVVLFKWJHVWHOOWGDVLFKP|JOLFKHUZHLVH7HUUDQHUIDQGHQXPLKUH3DWHQVFKDIW]X EHUQHKPHQ -RFNYHUOLHGLH(/<6,$1GLHIUHLQHJDQ]H:RFKHVHLQ=XKDXVHJHZHVHQZDU RKQH :HKPXW (QGOLFK ZDU HUDXI GHU (UGH -HW]WZDU HUIUDOOHV EHUHLW DXFK IU GHQ7RG(UKDWWHHLQDXVJHIOOWHV/HEHQKLQWHUVLFKXQGKDWWHVFKOLHOLFKDXFKVHLQH (UIOOXQJ JHIXQGHQ 0HKU KDWWH HU QLFKW JHZROOW :HQQ HU GDUEHU KLQDXV QRFK HWZDVIUGLHDQGHUHQ7HUUDQHUDXI6KRXUPDJHUWXQNRQQWHGLH6HKQVXFKWQDFKGHQ JUQHQ+JHOQGHU(UGHKDWWHQGDQQZlUHGDVHLQHZLOONRPPHQH=XJDEHJHZHVHQ $EHU GLHVH VHOEVWDXIHUOHJWH 0LVVLRQ IU GLH HU VLFK HLQVW PLW /HLE XQG 6HHOH HLQJHVHW]W KDWWH ZDU EDOG YHUJHVVHQ 6FKRQ DOV HU VHLQHQ )X DXI GLH 2EHUIOlFKH GHU(UGHVHW]WHHUNDQQWHHUGDGLHVNHLQH:HOWIU-HGHUPDQQZDU (UVWHOOWHVLFKQXQGLH)UDJHGLHHUELVMHW]WLPPHUEDQJHYHUGUlQJWH+DW(6GLH 6XSHULQWHOOLJHQ] XQG +WHU GLHVHU 0lFKWLJVNHLWVEDOOXQJ 7HUUD ]X LKUHP 6LW] HUZlKOW" 'DV PLW GHQ ³JUQHQ +JHOQ GHU (UGH ZDU QDWUOLFK QXU V\PEROLVFK JHPHLQW HV JDE JUQHUH QDWXUEHODVVHQHUH :HOWHQ ² XQG GHQQRFK GLH 1DWXU GLHVHV 3ODQHWHQ ZDU HV GLH GHQ 0HQVFKHQ KHUYRUJHEUDFKW KDWWH ]XHUVW GLH /HPXUHU XQG GDQQ GLH 7HUUDQHU'LHVH$WPRVSKl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|UW$XFK$ULDQQHXQG 'XULDQKDWWHQNHLQ/HEHQV]HLFKHQPHKUYRQVLFKJHJHEHQ (LQXQEHPDQQWHU*OHLWHUEUDFKWH-RFNQDFK6KRRQDUXQGVHW]WHLKQYRUHLQHP+DXV DE GDV GHU %HVFKUHLEXQJ QDFK IUKHU YRQ GHP ]XVWlQGLJHQ :LOGKWHU EHZRKQW ZRUGHQ ZDU =X -RFNV JU|WHU hEHUUDVFKXQJ ZDU GLH (LQULFKWXQJ GHV +DXVHV EHVFKHLGHQ XQG JHUDGH]X DOV SULPLWLY ]X EH]HLFKQHQ GHQQ HV IHKOWHQ URERWLVFKH +LOIVJHLVWHUXQGMHJOLFKH+L7HFK*HUlWH -RFNZDUEHLQDKH]X7UlQHQJHUKUW 7HUUD HQWVSUDFK JDQ] XQG JDU VHLQHQ 9RUVWHOOXQJHQ +LHU ZDU GDV OHW]WH 3DUDGLHV HLQHVVRQVWVRNDOWHQXPPDXHUWHQXQGXQPHQVFKOLFKHQ8QLYHUVXPV $EHUYRQVHLQHP³3DWHQIHKOWHMHGH6SXU ³'XELVWMDY|OOLJWDXE2SD (V ZDU DP ]HKQWHQ 7DJ QDFK VHLQHU $QNXQIW RGHU VR -RFN KDWWH MHJOLFKHQ =HLWEHJULII YHUORUHQ ² GD HU %HVXFK HUKLHOW (U KDWWH VFKRQ GLH 7DJH GDYRU JHPHUNW GD LUJHQG HWZDV XP VHLQ +DXV KHUXPVFKOLFK MHGRFK QLH MHPDQGHQ ]X *HVLFKW EHNRPPHQ 'D ZDUHQ QXU NRQWXUORVH 6FKDWWHQ ]ZLVFKHQ GHQ 6WUlXFKHUQ XQGXQGHILQLHUEDUH*HUlXVFKHJHZHVHQ -RFN KDWWH DQJHQRPPHQ GD GLH *HUlXVFKH YRQ :LOGWLHUHQ VWDPPWHQ GLH YRQ
VHLQHU:LWWHUXQJDQJHORFNWZXUGHQDEHU]XVFKHXZDUHQVLFKLKPDXFK]X]HLJHQ 'DVDXVJHOHJWH)XWWHUZDUXQEHUKUWJHEOLHEHQ 8QG GDQQ DXI HLQPDO WDXFKWH GLH NQDEHQKDIWH *HVWDOW LQ GHQ NQDSSHQ 6KRUWV XQG GHP ORFNHU XP GHQ 2EHUN|USHU IDOOHQGHQ +HPG DXI GHU /LFKWXQJ DXI (U KDWWH OlQJVWVFKRQGDVVFKZHUH$WPHQJHK|UWDEHUHVIUGDV+HFKHOQHLQHV+XQGHVRGHU :ROIHVJHKDOWHQ$EHUHVZDUNHLQ7LHUHVKDQGHOWHVLFKXPHLQEORQGHV0lGFKHQ YRQHWZDYLHU]HKQ-DKUHQ 6LH VSUDFK LKQ HUVW DQ VFKULH I|UPOLFK DOV VLH QXU QRFK GUHL 6FKULWWH YRQ LKP HQWIHUQWZDU ³(LJHQWOLFKKDEHLFKPLULPPHUHWZDVDXIPHLQJXWHV*HK|UHLQJHELOGHWVDJWHHU IUHXQGOLFK XQG HUKRE VLFKYRQGHUXQWHUVWHQ 6WXIHGHU9HUDQGDWUHSSH³0HLQ1DPH LVW-RFN²-RFN7DPDULQ $EHU VLH VFKLHQ JDU QLFKW DXI LKQ ]X K|UHQ GHQQ VLH IXKU LQ GHUVHOEHQ /DXWVWlUNH XQGGHPYRUZXUIVYROOHQIDVWEDUVFKHP7RQIRUW ³8QG ODKP XQG EOLQG XQG VWXPP ELVW GX VLFKHUOLFK DXFK HLQ GXUFK XQG GXUFK JHLVWORVHU.QRFKHQ+DVWGXGHQQEHUKDXSWNHLQ7DOHQW" (U PXWH EHU LKUH GLUHNWH XQEHNPPHUWH $UW LKUH 0HLQXQJ ]X lXHUQ OlFKHOQ 1DFK DOOHP ZDV HU LQ GHQ ELVKHULJHQ /HNWLRQHQ EHU 7HUUDQHU JHK|UW KDWWH EHIUFKWHWHHUVFKRQGDVLHVHHOHQORVH:HVHQZlUHQ ³,FK NDQQ WDQ]HQ VDJWH HU NODWVFKWH LQ GLH +lQGH XQG GUHKWH VLFK PLW UHFKW HLJHQZLOOLJHU6FKULWWNRPELQDWLRQLP.UHLVH³8QGVLQJHQNDQQLFKDXFKWUHPROLHUWH HU NQLII GLH $XJHQ ]X VFKPDOHQ 6FKOLW]HQ ]XVDPPHQ XQG VDJWH PLW YHUVFKZ|UHULVFKHU 6WLPPH ZlKUHQG HU VLFK EHU VLH EHXJWH ³,FK NDQQ K|UHQZLH HLQ/XFKVPHLQ%OLFNLVWGHUHLQHV$GOHUV1XU5|QWJHQDXJHQKDEHLFKQLFKW ³:XWH LFK HV GRFK 'DV 0lGFKHQ VHXI]WH XQG OLH LKUH +DQGIOlFKHQ HQWWlXVFKW DXI LKUH QDFNWHQ 6FKHQNHO NODWVFKHQ ³6ROFKH .XQVWVWFNH NDQQ LFK MHGHP 7LHU EHLEULQJHQ6LHVHXI]WHZLHGHU³(LQELFKHQPHKUKDEHLFKPLUVFKRQHUZDUWHW -RFNSDWHVHLQH0LHQHLKUHPWUDXULJHQ*HVLFKWVDXVGUXFNDQ (UVDJWH ³7XW PLU OHLG GD LFK GLFK HQWWlXVFKW KDEH +DEH LFK GHLQHQ 1DPHQ DXFK EHUK|UW" ³,FKKDEHLKQGLUVHLW7DJHQ]XJHUXIHQ²0LULRQKHLHLFK ³'DQQELVWGXPHLQH3DWLQ8QGGXZDUVWHVGLHVLFKDOOGLH7DJHLQPHLQHU1lKH KHUXPJHWULHEHQKDWRKQHVLFK]X]HLJHQ³ -RFNZDUSHUSOH[(LQGUHL]HKQMlKULJHV0lGFKHQKDWWHGLH9HUDQWZRUWXQJEHULKQ HLQHQ =ZHLKXQGHUWMlKULJHQ EHUQRPPHQ :DV IU hEHUUDVFKXQJHQ KDWWH 7HUUD QRFKIULKQSDUDW"+RIIHQWOLFKQLFKWDXFKZHOFKHGHUXQDQJHQHKPHQ$UW0LWGHP *HGDQNHQVLFKLQGLH2EKXWHLQHVMXQJHQ0lGFKHQV]XEHJHEHQNRQQWHHUOHEHQ $EHULKQEHVFKOLFKHLQOHLVHU9HUGDFKWXQGHUIUDJWH ³:HOFKH $UW GHV +|UHQV KDVW GX GHQQ JHPHLQW" +DVW GX PLFK HWZD LQ *HGDQNHQ JHUXIHQ" ³6RlKQOLFK ³8QG GX PHLQVW DOVR 7HOHSDWKLH XQG ZRKO DXFK 7HOHSRUWDWLRQ XQG 7HOHNLQHVH XQG ZDVQRFK" ³:HQQGXHVVRQHQQHQZLOOVW'DV0lGFKHQEOLFNWHLKQDXVLKUHQJURHQGXQNOHQ $XJHQ EHGDXHUQG DQ ³:HQQ GX QXU ZHQLJVWHQV QLFKW VR HLQ 5XQ]HOJUHLV ZlUVW
GDQQ N|QQWHVW GX QRFK ODXWORVHV 6SUHFKHQ XQG +|UHQ OHUQHQ XQG DXFK ULFKWLJHV *HKHQ$EHUVR ³:LHJHKVWGXGHQQZHQQGXULFKWLJJHKVW"HUNXQGLJWHHUVLFK ³6RVDJWHVLHWDWHLQHQ6FKULWWXQGQRFKHLQHQXQGZHJZDUVLH.XU]GDUDXIWUDW VLH HLQLJH 0HWHU ZHLWHU ZLHGHU VFKHLQEDU DXV GHP 1LFKWV DQ LKQ KHUDQ ³'DV LVW JHKHQ ³8QGZRZDUVWGXHEHQ" ³1HEHQDQ6LH]RJPLWGHUIODFKHQ+DQGHLQHLPDJLQlUH)OlFKHGXUFKGLH/XIWXQG ZlKUHQG GLH PDO DXI GLH 6HLWH GHU XQVLFKWEDUHQ %DUULHUH ZLHV XQG GDQQ GDKLQWHU VDJWHVLH³+LHUVLQGZLUXQGGDVKLHULVWQHEHQDQ'DGXDXFKQLFKWVHKHQNDQQVW PHUNVWGXYHUPXWOLFKJDUQLFKWGDHVGDV1HEHQDQJLEW ³'X PHLQVW GX JHKVW PLW HLQHP 6FKULWW YRQ HLQHU 'LPHQVLRQ LQ GLH DQGHUH ZHFKVHOVWVRHLQIDFKYRQHLQHU([LVWHQ]HEHQH]XUDQGHUHQEHU 6LHZROOWHVFKRQQLFNHQDEHUGDQQEHVDQQVLHVLFKHLQHVDQGHUHQXQGVDKLKQQXU DEVFKlW]HQGDQ ³'X UHGHVW MD NOXJ GDKHU $OWHU KDVW IU DOOHV NRPSOL]LHUW NOLQJHQGH 1DPHQ GLH VRJDU]XSDVVHQVFKHLQHQVDJWHVLHQDFKHLQHU:HLOHGHVhEHUOHJHQV³$EHUPLFK EHHLQGUXFNVW GX QLFKW 'HLQH JHVFKUDXEWH $XVGUXFNVZHLVH ]HLJW QXU GD GX YRQ GLHVHQ'LQJHQQLFKWVYHUVWHKVW ³9LHOOHLFKWN|QQWHLFKJHKHQVHKHQXQGK|UHQOHUQHQPHLQWHHU ³'DVVFKDIIVWGXQLH ³9HUVXFKHQN|QQWHLFKHVLPPHUKLQ,FKPHLQHQDFKGHPGXVRJURH+RIIQXQJHQLQ PLFKJHVHW]WKDVWZUGHLFKPHLQ%HVWHVJHEHQXPGHLQH(QWWlXVFKXQJ]XPLOGHUQ ,FKELQJHLVWLJXQGN|USHUOLFKQRFKJDQ]JXWLQ6FKX ³$EHUWURW]GHPHLQ*UHLV$OWHU ³:HQQ GX QXU -RFN ]X PLU VDJHQ ZROOWHVW ZUGH PLFK GDV EHVWLPPW MQJHU PDFKHQ 6HLQHQWZDIIQHQGHV/lFKHOQOLHDXFKLKUHGVWHUH0LHQHHUKHOOHQ ³,Q 2UGQXQJ -RFN VWLPPWH VLH OlFKHOQG ]X ³,FK PDFKH HLQHQ 9HUVXFK PLW GLU $EHUHLQ0DQQIUV/HEHQZLUVWGXZRKOQLH 'HP NRQQWH -RFN QLFKW ZLGHUVSUHFKHQ REZRKO HU MHW]W ]X YHUVWHKHQ JODXEWH ZDV $ULDQQHEHL$QWULWWGHV3LOJHU]XJV]XLKPJHVDJWKDWWH ³:HUZHLDOWHU0DQQYLHOOHLFKWKDVWGXQRFKGLH(ZLJNHLWYRUGLU:HUZHL 0LULRQ ZDU -DKUJDQJ XQG VRPLW -DKUH DOW $EHU YRU QHXQ -DKUHQ KDWWH VLH EHVFKORVVHQHVLKUHP.|USHUQLFKWPHKU]XJHVWDWWHQVLFKZHLWHU]XHQWZLFNHOQ6LH NRQQWHLKUHQ5HLIHSUR]HNUDIWLKUHV:LOOHQVVWRSSHQHLQIDFKVR -RFN YHUPXWHWH GD LKU (QWVFKOX HWZDV PLW LKUHU 3XEHUWlW ]X WXQ KDWWH $EHU GD VLH GDUEHU VFKZLHJ IUDJWH HU VLH DXFK QLFKW GDQDFK 0|JOLFK GD VLH WDWVlFKOLFK JHJODXEWKDWWHPLWLKPHLQHQ³3DUWQHUIUV/HEHQ]XEHNRPPHQXQGGDUXPEHU VHLQ $OWHU VR HQWWlXVFKW JHZHVHQ ZDVU GD VLH WDJHODQJ XP LKQ KHUXPJHVFKOLFKHQ ZDU :DV 0LULRQV 3UREOHP DXFK ZDULQ]ZLVFKHQKDWWHVLH VLFKDQLKQJHZ|KQWXQGLKQ YHUPXWOLFKDXFKOLHEJHZRQQHQ 6LHODFKWHQYLHOPLWHLQDQGHU1XUPDQFKPDO ZHQQ VLH VDK ZLH WROSDWVFKLJ HU VLFK EHLP 7UDLQLQJ VHLQHV (63 DQVWHOOWH GURKWH VLH PHODQFKROLVFK ]X ZHUGHQ %LV MHW]W ZDU HV LKP MHGRFK QRFK LPPHU JHOXQJHQ VLH PLWHLQHP6FKHU]]XUUHFKWHQ=HLWDXI]XKHLWHUQ
-RFN ZUGH ZRKO QLH HLQ EHJDEWHU 7HOHNLQHW ZHUGHQ XQG VLFK ZLH 0LULRQ VWXQGHQODQJLQGHU/XIWKDOWHQXQGPLWGHQ:RONHQVFKZHEHQ$EHUHLQPDOZDUHV LKP VRJDU VFKRQ JHOXQJHQ YLHU 0HWHU LQ GLH +|KH ]X VFKQHOOHQ $OOHUGLQJV ]HKUWH GLHVHU .UDIWDNW VR VHKU DQ LKP GD HU VLFK EHLP 5FNVWXU] ]XP (UGERGHQ GLH %HLQHJHEURFKHQKlWWHZHQQ0LULRQVHLQHQ)DOOQLFKWDXIJHIDQJHQKlWWH $EHU HU NRQQWH WHOHNLQHWLVFK PLW 2UDQJHQ XQG %DQDQHQ XQG bSIHOQ XQG %LUQHQ MRQJOLHUHQXQGGDVVR JHNRQQW GD0LULRQ LPPHUZLHGHUYRQLKP YHUODQJWHLKP GLHVHV .XQVWVWFN YRU]XIKUHQ 6LH VHOEVW KDWWH QRFK QLH GDUDQ JHGDFKW LKUH )lKLJNHLWHQ DXI GLHVH :HLVH HLQ]XVHW]HQ XQG VLH NDQQWH DXFK QLHPDQGHQ GHU VLFK DQHWZDVbKQOLFKHPYHUVXFKWKlWWH ³,KU YHUEUDXFKW HEHQ HXUH JDQ]H (QHUJLH IU JHZDOWLJH /HLVWXQJHQ VR GD LKU IU 1HEHQVlFKOLFKNHLWHQ ZLH GLHVH NHLQH 3KDQWDVLH PHKU DXIEULQJHQ N|QQW VXFKWH -RFN QDFK HLQHU (UNOlUXQJ XQG LUJHQGZLH IDQG HU GDV VFKDGH $EHU HV ZDU DQGHUHUVHLWV JXW GD HU LQ GHU /DJH ZDU GLHVHU MXQJHQ )UDX LP .|USHU HLQHV .LQGHVZHQLJVWHQVHWZDVELHWHQ]XN|QQHQ6LHHUEOKWHDQVHLQHU6HLWHI|UPOLFK 0DQFKPDOVFKOLHIVLHVRJDUEHLLKPLP+DXVXPLQVHLQHU1lKH]XVHLQ (LQHV0RUJHQVDOVVLHZLHLPPHUY|OOLJXQJHQLHUWQDFNWYRUV+DXVWUDWVWHOOWHHU HUVFKURFNHQ IHVW GD LKUH %UXVWZDU]HQ ZLH UHLIH .QRVSHQ JHVFKZROOHQ ZDUHQ (U VDK HLQ 3UREOHP DXI VLFK ]XNRPPHQ XQG KlWWH JHUQH PLW LKU GDUEHU JHVSURFKHQ DEHUGDQQILHOVLHLKPLQLKUHUNLQGOLFKXQEHNPPHUWHQ$UWXPGHQ+DOVXQGOLH VLFKYRQLKPLP7DQ]IKUHQVRGDHUVLFKZLHGHUEHUXKLJWH (U ZDU VLFK MHGRFK GXUFKDXV EHZXW GD HV QLFKW GDPLW JHWDQ ZDU GDV 7KHPD LKUHU)UDXZHUGXQJHLQIDFK]XYHUGUlQJHQ6LHPXWHUHFKW]HLWLJHUNHQQHQGDVLH VLFKGHQGHQNEDUXQJQVWLJVWHQ=HLWSXQNWGDIUDXVJHZlKOWKDWWHZHQQVLHGLHVHQ (QWVFKOXDXILKQEH]RJHQJHIDWKDWWH (UZXWHMHGRFKQLFKWUHFKWZLHHUGDV7KHPDDQJHKHQVROOWH (LQPDOHLQHV $EHQGV NQDSS YRU 6RQQHQXQWHUJDQJQDKPHU HLQHQHUVWHQ$QODXI GHUMHGRFKNOlJOLFKPLODQJ(U]lXPWHGDV3IHUGJHZLVVHUPDHQYRQGHUIDOVFKHQ 6HLWHDXIGHQQHUVHW]WHQLFKWEHLP%HJLQQDQVRQGHUQZROOWHEHUGDV(QGH]XP 8UVSUXQJ NRPPHQ (U SKLORVRSKLHUWH PLW LKU EHU GHQ 7RG XP VLH GDUDXI DXIPHUNVDP]XPDFKHQGDVLHQLFKWDXILKQEDXHQN|QQWHZHLOVHLQ/HEHQEHUHLWV VRJXWZLHJHODXIHQZDU $OV$XIKlQJHUQDKPHUGDV%HLVSLHOPLWGHQEHUOLFKWEHWULHEHQHQ:HOWUDXPVlUJHQ GLH]X+XQGHUWWDXVHQGHQXQG0LOOLRQHQGLH(UGHYHUOLHHQ 0LULRQEHJDQQVFKDOOHQG]XODFKHQ(UODFKWHPLWRKQH]XZLVVHQZDUXPDEHULKU /DFKHQZDUDQVWHFNHQG $OVVLHVLFKEHUXKLJWKDWWHEDWHUVLHLKP]XHUNOlUHQZRGLH3RLQWHODJ ³6lUJH VDJWH VLH XQG SUXVWHWH ZLHGHU ORV GLHVPDO OLH HU VLFK QLFKW PHKU DQVWHFNHQVRQGHUQZDUWHWHELV VLHVLFKEHUXKLJWKDWWH,KUH%OLFNHVSUKWHQLPPHU QRFKYRULQQHUHU+HLWHUNHLWDOVVLHLKQDQVDKXQGVDJWH³6lUJH$OVREKHXW]XWDJH QRFKMHPDQGLP:HOWUDXPEHVWDWWHWZUGH$OVREEHUKDXSWHLQ7HUUDQHUVWHUEHQ ZUGH (UKDWWHQDWUOLFKOlQJVWGHQ)DGHQYHUORUHQXQGOLHVLFKYRQGLHVHPQHXHQ7KHPD HLQIDQJHQ (U KDWWH VHOEVW QLFKW GDUDQ JHJODXEW GD HV VLFK EHL GLHVHP 0DVVHQWUDQVSRUWLQGLH7LHIHQGHV$OOVXP%HJUlEQLVIHLHUOLFKNHLWHQKDQGHOWH$EHU HLQHQ5HLPKDWWHHUVLFKELVMHW]WQRFKQLFKWGDUDXIPDFKHQN|QQHQ
³:RUXPKDQGHOWHVVLFKGDQQ" ³(V VLQG 5HLVHQGH 5DXPIDKUHU LQ DXI JHULQJVWH :HLVH UHGX]LHUWHQ 6FKLIIHQ DQWZRUWHWH0LULRQ8QGVLHHUNOlUWHZHLWHU (V KDQGHOH VLFK XP 7HUUDQHU GHQHQ GLH (UGH ]X HQJ JHZRUGHQ ZDU XQG GLH QHXH (UIDKUXQJHQ LQ GHU 0LOFKVWUDH VXFKWHQ 6LH YHUVHW]WHQ VLFK LQ LKUHQ ZLQ]LJHQ *HIlKUWHQ LQ HLQH $UW :LQWHUVFKODI QXU LKU *HLVW EOLHE ZDFK 8QG LQ GHU 8QHQGOLFKNHLWQDKPHQVLH *HUlXVFKHXQG %LOGHU ZDKUZLHVLHQRFK NHLQ0HQVFK YRULKQHQZDKUJHQRPPHQKDWWH 'DVZDUMHGRFKQXUGLHHLQH0HWKRGHGDVXQEHNDQQWH8QLYHUVXP]XHUIRUVFKHQXQG QHXH %HUHLFKH GHP PHQVFKOLFKHQ *HLVW ]X HUVFKOLHHQ 9LHOH YHUOLHHQ GLH (UGH QLFKWDXIVRNRQYHQWLRQHOOH$UWXQG:HLVHVRQGHUQWDWHQQXUGHQNOHLQHQ6FKULWWLQV 1HEHQDQ XP DQGHUH :HOWHQ ]X EHVXFKHQ XQG ]X HUIRUVFKHQ 8QG GD MHGHV 1HEHQDQZLHGHUDQHLQHQIUHPGHQ%HUHLFKJUHQ]WHJDEHVXQHQGOLFKYLHOH:HOWHQ]X EHUHLVHQ $XFK0LULRQKDWWHVFKRQYLHOHVROFKH$XVIOJH]XDQLKUHXUHLJHQVWH([LVWHQ]HEHQH JUHQ]HQGHQ 2UWHQ JHPDFKW DEHU ELVKHU KDWWH VLH HV LPPHU ZLHGHU QDFK 7HUUD ]XUFNJH]RJHQ 6LH ZDU ZRKO ]X HUGJHEXQGHQ $EHUHVZDUJXWZHQQGLHPHLVWHQ DQGHUHQ7HUUDQHUGLH1DEHOVFKQXU]XLKUHU0XWWHUZHOWGXUFKWUHQQWHQGHQQ ³'LH(UGHELHWHWQLFKWJHQJHQG3ODW]IUXQVDOOH ³:HQQ GX PLFK IUDJVW ZLUNW GLH (UGH ZLH DXVJHVWRUEHQ VDJWH -RFN ³1RFK YRU ZHQLJHQ-DKU]HKQWHQKDEHQ0LOOLDUGHQ,QWHOOLJHQ]ZHVHQGLH(UGHEHY|ONHUW0DQKDW I|UPOLFKGHQ3XOVVFKODJGHV/HEHQVJHVSUW ³)U XQVHUH SULPLWLYHQ %HGUIQLVVH KDW GDV JHUHLFKW HUZLGHUWH VLH ³$EHU ZLU N|QQHQXQVHUHQ*HLVWLQGHU0DVVHQLFKWULFKWLJHQWIDOWHQ:HQQVLFKGLH=DKODXIHLQ SDDU ]HKQWDXVHQG 0HQVFKHQ UHGX]LHUW KDW GDQQ ZLUG HV VLFK KLHU JDQ] JXW OHEHQ ODVVHQ,FKGHQNHLFKKDUUHDXV 'HU $XJHQEOLFN XP LKU ]X VDJHQ ³+|U PDO 0LULRQ GX GDUIVW PHLQHWZHJHQ QLFKW ]XU )UDX ZHUGHQ ,FK NDQQ GHLQH (UZDUWXQJHQ LQ NHLQHP )DOO HUIOOHQ ZDU HQGJOWLJYRUEHLXQGGDUXPIUDJWHHU ³:LH LVW HV ]X GLHVHU (QWZLFNOXQJ JHNRPPHQ" :DQQ KDW GLHVHU (YROXWLRQVVSUXQJ GHU0HQVFKKHLWVWDWWJHIXQGHQ" 'HU)UDJHIROJWH6FKZHLJHQ(UGHXWHWHGDV6FKZHLJHQULFKWLJ 6LH JDELKP WHOHSDWKLVFKGLH $QWZRUW HU PHUNWH HVDQLKUHU+DOWXQJXQGGHP OHLVHQ XQYHUVWlQGOLFKHQ :LVSHUQ LQ VHLQHP *HLVW (UVW QDFK 6HNXQGHQ PHUNWH VLH LKUHQ ,UUWXPVFKQLSSWHPLWGHP)LQJHUXQGVDJWHDOVVHLEHUKDXSWQLFKWVJHZHVHQ ³(LQIDFKVR2KQHXQVHU=XWXQ0LWGHU*URHQ*DODNWLVFKHQ.DWDVWURSKHPLWGHP 6FKXE GHV OHW]WHQ +DQJD\9LHUWHOV 9RU EHU KXQGHUW -DKUHQ $OV ZLU GLH 0LOFKVWUDH DEVFKLUPHQ PXWHQ ,P -DKUH DFKWXQGYLHU]LJ GHV YHUJDQJHQHQ -DKUKXQGHUWV ZHQQ LFK PLFK QLFKW WlXVFKH ,FK KDE V PLW -DKUHV]DKOHQ +DOW PLU QXU UXKLJ YRU -RFN GD PHLQ EHU]FKWHWHU *HLVW XQIlKLJ LVW GLH HLQIDFKVWHQ 'LQJH]XEHKDOWHQ$EHULFKILQGHPLFKGDPLWDE-DGLH7HUUDQHUKDEHQRIIHQEDU YRP 8QWHUJDQJ GHV 8QLYHUVXPV SURILWLHUW 0DQFKH VHKHQ HV DOV %HZHLV GDIU DQ GDZLUGLH.URQHGHU6FK|SIXQJVLQG:DVPHLQVWGXGD]X-RFN" ³,FK PHLQH GD GX DOOH -DKUHV]DKOHQ GXUFKHLQDQGHUJHEUDFKW KDVW VDJWH HU EHOXVWLJW ³'LH 0LOFKVWUDH ZXUGH HUVW $QIDQJ GHU QHXQ]LJHU GHV YRULJHQ -DKUKXQGHUWV DEJHULHJHOW 8QG ZDV GLH %HJUQGXQJ IU GLHVH 0DQDKPH EHWULIIW
QDLFKZHLQLFKWGLHVROOWHPDQHKHUPLW6NHSVLVQHKPHQ ³,FKZHLZDVLFKZHLVDJWH0LULRQPLWSO|W]OLFKYHUlQGHUWHU6WLPPH³(VZDU DFKWXQGYLHU]LJ ³1HLQQHXQ]LJGXLUUVWJDQ]JHZDOWLJYHUVXFKWHHULKU]X]XUHGHQ $EHUHVKDOIQLFKWV ³'X ZLOOVW PLFK ZRKO DOV ,GLRWLQ KLQVWHOOHQ ZDV" VFKULH VLHLKQDQ³6DJGDGLH :lOOH XP GLH 0LOFKVWUDH LP -DKUH YLHUKXQGHUWDFKWXQGYLHU]LJ GHP -DKU GHU *URHQ.RVPLVFKHQ.DWDVWURSKHHUEDXWZXUGHQ ³,FKKDEHNHLQH$KQXQJZHUGLUGLHVH-DKUHV]DKOHQHLQJHUHGHWKDWVDJWHHU³$EHU VLHVLQGMHGHQIDOOVIDOVFK,FKZHLHVEHVVHULFKKDEHGLHVH*HVFKHKQLVVHHUOHEW $EHU0LULRQOLHHLQIDFKQLFKWPLWVLFKUHGHQ ³6$*'$66(69,(5+81'(57$&+781'9,(5=,*:$5 ³'DVLVWGRFK8QVLQQ 1RFKHKHHUDXVJHVSURFKHQKDWWHZDU0LULRQYHUVFKZXQGHQ6LHVHW]WHHLQIDFK]X HLQHP 6FKULWW DQ XQG ZDU ZHJ 6LH EOLHE HLQH JDQ]H 1DFKW XQG GHQ JDQ]HQ IROJHQGHQ7DJZHJ 9,(5+81'(57$&+781'9,(5=,* KDOOWH HV LQ VHLQHP *HLVW QDFK 8QG GLHVH -DKUHV]DKO YHUIROJWH LKQ DXFK LQ VHLQHQ 7UlXPHQ XQG VLH ZXUGH LKP DXFK LQ ZDFKHP =XVWDQG I|UPOLFK LQV *HKLUQ JHKlPPHUW 8QG DOV 0LULRQ GDQQ ZLHGHU DXIWDXFKWHVRWDWDOVVHLQLFKWVJHVFKHKHQVDJWHHU]XLKU ³,FKKDEHPLFKJHLUUW.DQQVWGXPLUYHU]HLKHQ" 6LHVWHOOWHVLFKDXIGLH=HKHQVSLW]HQXQGNWHLKQDXIGLH1DVHQVSLW]H'DEHLVSUWH HU GHQ 'UXFN LKUHU NOHLQHQ %UVWH 2IIHQEDU ZDU LKU 5HLIHSUR]H VFKRQ ]X ZHLW IRUWJHVFKULWWHQDOVGDVLHLKQQRFKVWRSSHQRGHUUFNJlQJLJPDFKHQNRQQWH :HQQ VLH QLFKW JHZLOOW ZDU LKUHQ 9HUVWDQG ]X JHEUDXFKHQ GDQQ PXWH HU HLQH (QWVFKHLGXQJWUHIIHQ (V VFKLHQ DOOHV EHLP DOWHQ ]X VHLQ ZHQQ PDQ GDYRQ DEVDK GD 0LULRQ ]XU )UDX JHZRUGHQZDUXQGHLQUHFKWDXIUHL]HQGHV*HKDEHPLWLKUHUQDWUOLFKHQNLQGOLFKHQ 1DLYLWl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lFKOLFK (UIROJ JHKDEW ZDV -RFN VHOEVW DP PHLVWHQ HUVWDXQWH$EHUZDVGDV(PSIDQJHQYRQWHOHSDWKLVFKHQ,PSXOVHQEHWUDIVRPDFKWH HULKUHWZDVYRU(UPDFKWHVLFKLKUH(LJHQKHLW]XQXW]HGHUHQVLHVLFKYHUPXWOLFK JDUQLFKWEHZXWZDUGDVLHQlPOLFKZHQQVLHIULKQVHQGHWHGDEHLGLH/LSSHQ EHZHJWH6RKDWWHHU/LSSHQOHVHQJHOHUQWXQGGDHUWDWVlFKOLFKHLQHJXWH6HKNUDIW KDWWHJLQJELV]XHLQHU(QWIHUQXQJDXIIQI]LJ0HWHUDOOHVJXW)HVWN|USHUGLHLKP GLH6LFKWYHUVWHOOWHQOLHHQLKQYHUVDJHQ 0LULRQ KDWWH IU GLHVHV 3KlQRPHQ NHLQH (UNOlUXQJ GHQQ WHOHSDWKLVFKH ,PSXOVH GXUFKGUDQJHQ MHGH $UW YRQ 0DWHULH GLH :DKUKHLW NRQQWH RGHU ZROOWH VLH QLFKW VHKHQXQG-RFNEUDFKWHHVQLFKWEHUVLFKVLHLKU]XVDJHQ
(U JDE LKU LPPHU UHFKW HU ZDU LQ]ZLVFKHQ VRZHLW DOOH LKUH IDOVFKHQ *HVFKLFKWVDQJDEHQZLGHUVSUXFKVORVKLQ]XQHKPHQXQGQDFK]XSODSSHUQ (UZROOWHLKUQLFKWZHKWXQ'HQQHUJODXEWHHUNDQQW]XKDEHQGDVLHLKQOLHEWH (U KlWWH VLH QLFKW HLQIDFK YHUODVVHQ N|QQHQ GDV KlWWH HU QLFKW EHU VLFK JHEUDFKW =XPLQGHVW QLFKW DXI GLHVH SURIDQH $UW GD HU LKU GHQ 5FNHQ JHNHKUW KlWWH XQG HLQIDFK]XUFNQDFK6KRXUPDJHUJHIORJHQZlUH 'DEHLGUl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lUH 0LULRQ QLFKW JHZHVHQ ZlUH HU OLHEHU KHXWH DOV PRUJHQ QDFK 6KRXUPDJHU]XUFNJHNHKUW 8QG HU KlWWH DOOHQ VHLQHQ .OLHQWHQ HU]lKOW ZDV HU HUOHEW KDWWH XQG ]X ZHOFKHU (LQVLFKWHUJHNRPPHQZDU'LH (UGH GHQ(UGHQNLQGHUQ 'LH (UGHZDUNHLQ3ODW] IU =XUFNJHEOLHEHQH ZLH LKQ XQG DOO GLH DQGHUHQ %HZRKQHU GHU YLHOHQ .RORQLDOZHOWHQ 7HUUDQLVFKH 5FNZDQGHUHU KDWWHQ DXI GLHVHP KHLOLJHQ %RGHQ QLFKWV]XVXFKHQ)U%DXHUQZDULP(OIHQEHLQWXUPGHV*HLVWHVNHLQ3ODW] $EHU GHU 1HEHQEXKOHU JDE VLFK PLW -RFNV (LQVLFKW QLFKW ]XIULHGHQ (U ZROOWH GHQ 9ROO]XJJDQ]HLQGHXWLJ (UTXlOWH-RFNZHLWHUKLQPLWVHLQHQVXJJHVWLYHQ*HGDQNHQLPSXOVHQXQGYHUPLWWHOWH LKPGDVLPPHUVWlUNHUZHUGHQGH*HIKOHLQ)UHPGN|USHU]XVHLQ 8QG GDQQ WDXFKWH 0LULRQ DXI ]HLJWH LKP LKUH *HIKOH PDFKWH GHXWOLFK ZLH DEKlQJLJVLHYRQLKPZDUGHPHLQ]LJHQ0HQVFKHQDXIGHU(UGH]XGHPVLHHLQH IHVWH %LQGXQJ KDWWH HLQHP 0HQVFKHQ GHU ]ZDU JHLVWLJ]XUFNJHEOLHEHQ ZDU DEHU IUVLHPHKU0HQVFKDOVDOOHDQGHUHQ]XVDPPHQJHQRPPHQ 'DVODJZRKOGDUDQGD-RFNVLHJHOHKUWKDWWHZDVHVEHGHXWHWHULFKWLJ]XOHEHQ GDHULKUGHQ6LQQIUGLHNOHLQHQDOOWlJOLFKHQ6FK|QKHLWHQGHV/HEHQVYHUPLWWHOW KDWWH(UNRQQWHQLFKWHLQIDFKZHJJHKHQGDVZlUH9HUUDWJHZHVHQ $EHUGHU1HEHQEXKOHUERKUWHLQVHLQHP*HKLUQDNXSXQNWLHUWHVHLQHQ*HLVWVWlQGLJ PLWWHOHSDWKLVFKHQ1DGHOQ (LQPDOHUZDFKWH-RFNVFKZHLJHEDGHWXQGVFKULH ³,FKZHLHV,FKELQVFKXOGLJ$EHU]HLJPLUHLQHQ$XVZHJ (U VSUWH DXI HLQPDO HLQH KHLH :RJH VHLQHQ .|USHU GXUFKODXIHQ (U ZDU ZLH JHOlKPW NRQQWH VLFK QLFKW EHZHJHQ ZlKUHQG VHLQ .|USHU ZLH YRQ .UlPSIHQ JHVFKWWHOWZXUGH(UPHLQWH ]XHUVWLFNHQ(U GDFKWH GDGLHVVHLQ(QGHVHL$EHU HUEHUOHEWH 'RFKHUQDKPGLHVHV(UOHEQLVDOV:LQNGHV6FKLFNVDOVDOV+LQZHLVIUGLH/|VXQJ DOOHU3UREOHPH1LFKWQXUVHLQHUVRQGHUQDXFK0LULRQV3UREOHPH8QGGDQQZXWH HUZDV]XWXQZDU (LQPDOQRFKGLH(UGHVHKHQXQGGDQQVWHUEHQ 0HKUKDWWHHUHLJHQWOLFKQLFKWJHZROOW
8QGGHU7RGZDUGLHHLQ]LJH$UWGHV$EVFKLHGVGHQ0LULRQDN]HSWLHUHQZUGH $OV -RFN VHLQHQ (QWVFKOX JHIDW KDWWH PDFKWH LKP DXFK GLH WHOHSDWKLVFKH )ROWHU GHV XQVLFKWEDUHQ 1HEHQEXKOHUV QLFKWV PHKU DXV 'LHVHU PDFKWH DXV Y|OOLJ XQYHUVWlQGOLFKHQ *UQGHQ DXI HLQPDO HLQH .HKUWZHQGXQJ DOV HU -RFNV $EVLFKWHQ DXVGHVVHQ*HGDQNHQHUIXKU 'X GDUIVW QLFKW VWHUEHQ 'X PXW OHEHQ =XPLQGHVW QRFK VRODQJH ELV GX HLQH ZLFKWLJH%RWVFKDIWHPSIDQJHQKDVW'LHVHZLUGGLUGLHZLFKWLJVWH(UNHQQWQLVGHLQHV /HEHQVYHUPLWWHOQ $EHU-RFNOLHVLFKQLFKWN|GHUQ (UKDWWHYRQ0LULRQQLFKWYLHOOHUQHQN|QQHQVLHKDWWHPHKUYRQLKPDQJHQRPPHQ DOVHUYRQLKUDEHUVLHKDWWHLKPJH]HLJWZLHPDQULFKWLJ³DWPHWHXPVHLQ/HEHQ ]XYHUOlQJHUQ-RFNZXWHQLFKWREGLHVH0HWKRGHDQVHLQHPYHUEUDXFKWHQ.|USHU QRFK :LUNXQJ ]HLJWH DEHU HU ZDU EHU]HXJW GD GLH 8PNHKUXQJ GLHVHU 0HWKRGH WRGVLFKHUZLUNWH(LQIDFKQLFKW³DWPHQXQGVDQIWKLQEHUGlPPHUQ ³'LHVHVYHUGDPPWH0RQWDJVJHUlWIOXFKWH'XULDQHUZDUQLFKWZLUNOLFKZWHQG GHQQ VROFKHU *HIKOH ZDUHQ .ORQH VHLQHU 6HULH QLFKW IlKLJ ³(U LVW XQV ZHJJHVWRUEHQRKQHQRFKHLQPDOGDV%HZXWVHLQ]XHUODQJHQ ³'DIUVLQGGLHDQGHUHQZRKODXIVDJWH$ULDQQHVDFKOLFK-HW]WZRVLHGLH0DVNH GHU )UHXQGOLFKNHLW QLFKW WUXJ VDK VLH LKUHP =ZLOOLQJVNORQ QRFK lKQOLFKHU ³ :LU EUDXFKHQ QXU LKU 7UDXPSURJUDPP VR ]X PRGLIL]LHUHQ GD VLH JODXEHQ -RFN 7DPDULQV 7RG PLWHUOHEW ]X KDEHQ 'DV NRVWHW QXU HLQ SDDU 0LQXWHQ 8QG GDQDFK N|QQHQ ZLU GLH 3DUNSRVLWLRQ LP 2UELW YHUODVVHQ XQG GLH IQI DXI 6KRXUPDJHU DXVVHW]HQ6LHZHUGHQHVDOOHQVDJHQGLH]XU(UGHZROOWHQGDGLHVNHLQ3ODW]IU 8QWHUPHQVFKHQZLHVLHVHL'DPLWKDEHQZLUXQVHU=LHOHUUHLFKW 'LH (/<6,$1 ZDU EHUKDXSW QLFKW LQV 6ROV\VWHP JHIORJHQ VLH KDWWH GLH 8PODXIEDKQXP6KRXUPDJHUQLHYHUODVVHQ ³(VJHKWZHQLJHUXPGHQ$OWHQHUZLGHUWH'XULDQ³$EHUEHJUHLIVWGXQLFKWGD QXQ GDV JDQ]H 3URMHNW YHUORUHQ LVW 9RQ XQVHUHP 3UREHHLQVDW] ZLUG HV DEKlQJLJ JHPDFKWREGDV8QWHUQHKPHQ(UGHQSLOJHUIRUWJHVHW]WZLUG ³:LU KDEHQ QLFKW YHUVDJW VDJWH $ULDQQH ³:LU EUDXFKHQ XQV NHLQH 9RUZUIH ]X PDFKHQ ³$EHU GLHVHU 6LPXODWRU KDW YHUVDJW XQG GDUXP ZLUG HU QLH ZLHGHU ]XP (LQVDW] NRPPHQ -HW]WYHUVWDQGVHLQH.ORQVFKZHVWHUZLHHUHVPHLQWH :HQQ ZLHGHU LQ LUJHQGHLQHU 0HQVFKHQNRORQLH GHU :XQVFK HUZDFKWH ]XU :LHJH GHU 0HQVFKKHLW ]XUFN]XNHKUHQ GDQQ ZUGH PDQ VLFK DQGHUHU 0HWKRGHQ DOV GLHVHUVRKXPDQHQXQGHOHJDQWHQEHGLHQHQPVVHQ 'DV 8QWHUQHKPHQ (UGHQSLOJHU ZDU JDQ] EHVWLPPW PLW -RFN 7DPDULQ JHVWRUEHQ XQGGLH(/<6,$1ZUGHHLQHUDQGHUHQ%HVWLPPXQJEHUJHEHQZHUGHQ 9$/(17,167$* 'LHQVWDJGHQ)HEUXDU1*=/RJGHU./$0$8.HKHPDOV(/<6,$1 ³'LH 0LOFKVWUDH KDW HLQHQ %UJHU YHUORUHQ DEHU GLH *DODNWLNHU KDEHQ HLQHQ +HOGHQJHZRQQHQ(UKHLW(LPHU9LOORQVHLQ1DPHZLUGXQVWHUEOLFK (LPHU9LOORQNDPYRUGUHL7DJHQDQ%RUGXQVHUHU6KRZVFKDXNHO(UKDWVLFKGXUFK HLQHQ UDIILQLHUWHQ 7ULFN HLQJHVFKOLFKHQ XQG VLFK QLFKW QXU EHL XQV HLQJHQLVWHW
VRQGHUQ DXFK QRFK 3LSHU LQV %HWW EHNRPPHQ (U ZDU ]X GLHVHU =HLW EHUHLWV HLQH JOREDOH *U|H XQG ZLH VLFK KHUDXVVWHOOWH GHU PHLVWJHVXFKWH 0DQQ YRQ JDQ] (EHQHUG 1DWUOLFK ZDU HU QLFKW XQWHU VHLQHP ZDKUHQ 1DPHQ EHNDQQW JHZRUGHQ IDOOV 9LOORQ EHUKDXSW VHLQ ULFKWLJHU 1DPH ZDU 8QWHU GLHVHP 1DPHQ JDOW HU LQ HLQVFKOlJLJHQ.UHLVHQDOVDXVJHNRFKWHV6FKOLW]RKU$OV³0RVNLWRDEHUKDWWHHUGHQ *HKHLPGLHQVW DP +DOV (U JDOW LP JHPHLQHQ 9RON DOV VR HWZDV ZLH HLQ PRGHUQHU &DSWDLQ $KDE HLQ 5lFKHU GHU 8QWHUGUFNWHQ %HIUHLHU GHU *HNQHFKWHWHQ PLW HLQHP :RUW HLQ 9RONVKHOG $EHU GLH 'HWDLOV HUIXKUHQ ZLU HWZDV VSlWHU YRQ LKP VHOEVWQDFKGHPHUVLFKLQ3LSHUV.DELQHKlXVOLFKQLHGHUJHODVVHQKDWWH$XIMHGHQ)DOO ZDUHVGDVFKRQ]XVSlWHWZDV]XlQGHUQRGHULKQQRFK]XUHWWHQ(UVWDQGDXIGHU $EVFKXOLVWH GHV 6\VWHPV ,FK NRQQWH LKQ QXU QRFK ]XP +HOGHQ GHU *DOD[LV PDFKHQ9LHOOHLFKWZDUGDVDXFKHLQNOHLQHU7URVWIUPHLQH3DUWQHULQ 9RU VHLQHP (QGH ZDU HU MHGHQIDOOV QXU XP HLQHQ %UXFKWHLO VR EHUKPW XQG EHUFKWLJWZLHHUHVHLQ-DKUQDFKVHLQHP$EJDQJYRQGHUJDODNWLVFKHQ%KQHVHLQ VROOWHHEHQQXUHLQNOHLQHU5HEHOOXQWHUGHP'HFNPlQWHOFKHQGHUPLHVHQ/DFKNDQRQH ZLH VLH VLFK LP 9HUJQJXQJVYLHUWHO YRQ 6W (EHQHUG ]X +XQGHUWHQ WXPPHOQ $OV (QWHUWDLQHU(LPHUZDUHUHLQHUYRQGHQ7\SHQGLHGLUHLQHQ/DFKVDFN]XVFKLHEHQ XQG JODXEHQ GDPLW VHL HV JHWDQ $OV 5HEHOO ZDU HU DXFK NDXPPHKU HLQH 1XPPHU JU|HU 8P EHL GHU 8QWHUKDOWXQJVNXQVW ]X EOHLEHQ GHQQ GDUXP GUHKW VLFK DXI (EHQHUG VFKOLHOLFK DOOHV (LPHU JODXEWH GHQ /HXWHQ GLH .XQVW GHV /DFKHQV PLW GHP .QSSHO EHLEULQJHQ ]X PVVHQ HU JHK|UWH VRPLW ]X GHQ 3UR]HQW 'LOHWWDQWHQ GHV HEHQHUGHU6KRZEXVLQHVV$EHU²HUUXKHLQ)ULHGHQ 'LH .XQVW GLH /HXWH EHUKDXSW ]XP /DFKHQ ]X EULQJHQ LVW HLQ KDUWHV %URW 1XQ ZLOO LFK QLFKWV EHVFK|QLJHQ LFK ZDU MD DXFK LQ GLHVH .DWHJRULH 6FKODJHWRW8QWHUKDOWHU HLQ]XRUGQHQEHYRULFK3LSHUNHQQHQOHUQWH8QGZHQQPDQVLFKNHLQHQPGHQ:LW] PHKUDETXlOHQNRQQWHGDQQEHKDOIPDQVLFKHEHQPLW/DFKRGHU7UlQHQJDV $EHUHLJHQWOLFKLVWGLHVZHGHUPHLQH*HVFKLFKWHQRFKGLHGHV]XNQIWLJHQ+HOGHQGHU *DOD[LVVRQGHUQGLHGHV0lGFKHQV3LSHU %HYRULFKMHGRFKGD]XNRPPHVSH]LHOODXIVLHHLQ]XJHKHQPXLFKHLQELFKHQEHU GLHVHVHOWVDPH(UGHGLHQLFKWGLHZLUNOLFKH(UGHLVWVRQGHUQKDOWQXU(EHQHUGXQG LKUHHLJHQDUWLJH.XOWXUHU]lKOHQ (VJLEWDXIGLHVHU:HOWVHLWGHU-DKUKXQGHUWZHQGHHLQ*HVHW]GDVHVYHUELHWHWGDV ZDKUH*HVLFKW]X]HLJHQXQGGDPLWLVWJHPHLQWGLH3HUV|QOLFKNHLWGDVHLJHQH,FK GLH6HHOHLP*HVLFKW]XWUDJHQ$QGHUVZRYHUKOOWHPDQVHLQ*HVFKOHFKWKLHUGDV *HVLFKW'LH9HURUGQXQJNDPDXFKHLJHQWOLFKHLQHP/DFKYHUERWJOHLFKZHQQVLFK GLHVHVDXFKHUVWDOOPlKOLFKHUJDERKQHGDHVMHJHVHW]OLFKYHUDQNHUWZRUGHQZlUH $P $QIDQJ VWDQG MHGHQIDOOV GDV YRQ GHU UHJLRQDOHQ 5HJLHUXQJ EHVFKORVVHQH 9HUERW*HVLFKWXQG*HIKO3HUV|QOLFKNHLWXQG&KDUDNWHU]X]HLJHQ.HLQH)UDJH HLQ VWDUNHU =XJ YRQ 'HNDGHQ] XQG 6QRELVPXV DEHU DXI (EHQHUG ZXUGH GLH JHVHW]OLFKYHURUGQHWH*HIKOVNlOWHGDPDOVDOVVHKUVFKLFNHPSIXQGHQ 0DQ PDVNLHUW VLFK LPPHU QRFK XQG ZLUG HV JHZL DXFK LQ +XQGHUWHQ YRQ -DKUHQ QRFKWXQZHQQZLUQLFKWVGDJHJHQXQWHUQHKPHQ 0DQPDVNLHUWVLFKDXIYLHOHUOHL$UWHQ0DQFKHYHUEHUJHQLKU*HVLFKWZLUNOLFKKLQWHU %LRPDVNHQ XQG ZHQQ VLH GLHVH DEQHKPHQ GDQQ NRPPW GDUXQWHU HWZDV VR $EJHVWXPSIWHV 6HHOHQORVHV ]XP 9RUVFKHLQ GD PDQ JOHLFK ZLHGHU QDFK GHU
0DVNHVFKUHLW $QGHUH ZLHGHUXP KDEHQ VLFK YRP )UDW]HQVFKQHLGHU HLQIDFK GLH JHZQVFKWH 3HUVRQD FKLUXUJLVFK YHUSDVVHQ ODVVHQ 6RJHQDQQWH 6FK|QKHLWVFKLUXUJHQ HEHQ GLH )UDW]HQVFKQHLGHU VLQG LQ GHU /DJH DXV GHLQHP *HVLFKW MHGH JHZQVFKWH 3HUVRQD ]X PDFKHQ 'X NDQQVW ZHQQ GLU GDQDFK LVW HLQ +DXUL*HVLFKW EHNRPPHQ HLQHQ +DOXWHUVFKlGHORGHUHLQHQ7HOOHUNRSIZLHHLQ%OXHZHQQ VJHZQVFKWZLUG $EHUVRSKDQWDVLHYROOVLQGGLH(EHQHUGHUQLFKW6LHODVVHQVLFKLKU*HVLFKWHLQIDFK YHUVWPPHOQ1DUEHQ+DVHQVFKDUWHQVFKQHLGHQGLH1DVHELHJHQGLH2KUPXVFKHO YHUVHW]HQ GLH $XJHQEUDXHQNQRFKHQ ZHJVWHPPHQ GLH +DXW HLQIlUEHQ GDV .LQQ ]HUWUPPHUQXQGZDVZHLLFKQRFKDOOHV 'DVZDUYRU]ZDQ]LJ-DKUHQQRFKJDQ]EHVRQGHUVVFKOLPP+HXW]XWDJHVLQGGLHVH +RUURU)UDW]HQHOHJDQWHUHQ*HVLFKWVPDVNHQJHZLFKHQ:HUPLWGHU0RGHJHKWGHU OlWVLFKHLQ'XUFKVFKQLWWVJHVLFKWRGHUGDVZDVPDQKLHURUWVGDIUKlOWYHUSDVVHQ XQG GHQ )UDW]HQVFKQHLGHU GDULQ QXU HLQ ]ZHL NXQVWYROOH 6FKQLWWH PDFKHQ +HUXQWHUJH]RJHQH0XQGZLQNHOGHUHLQHXPHLQHQ'HXWWLHIHUDOVGHUDQGHUHVLQG EHVRQGHUV LQ PDQ NDQQ VLFKHU VHLQ GDHLQ GXUFKHLQHQ VROFKHQ 6FKQLWWJHVW\OWHU 0XQGNHLQ/lFKHOQPHKU]XVWDQGHEULQJW 1RFK UDIILQLHUWHU VLQG GLH (LQJULIIH LQV RUDOH 1HUYHQV\VWHP VROFK SUlSDULHUWH 0QGHU ZLUNHQ ZLH DXV .XQVWVWRII HLQ QHUY|V ZLUNHQGHV =XFNHQ XP GLH $XJHQOLGHU VR GD PDQ PHLQW VWlQGLJ DQJHEOLQ]HOW ]X ZHUGHQ LVW HLQH GHU QHXHVWHQ 0RGHQ 6R EDUEDULVFKH 6LWWHQ ZLH 0QGHU ]XQlKHQ XQG VLFK DQGHUH 6LQQHVRUJDQH ZLH $XJHQ DQ XQP|JOLFKH 6WHOOHQ YHUSIODQ]HQ ]X ODVVHQ VLQG ]XP *OFNVFKRQOlQJVWSDVVH$EHULFKIUDJHPLFKREGLHNOHLQHQ*HVLFKWVVFKQLWWHGHU QHX]HLWOLFKHQ *HVLFKWVFKLUXUJHQ QLFKW PHKU 6FKDGHQ DQ GHU 6HHOH GHU (EHQHUGHU DQJHULFKWHWKDEHQDOVGLH0HW]JHUPHWKRGHQGHUIUKHQ.QRFKHQ]HUWUPPHUHU :LH VHKU GLH 6FK|QKHLWVFKLUXUJHQ LKUH 0HWKRGHQ DXFK YHUIHLQHUQ GHU %HLQDPH ³)UDW]HQVFKQHLGHU LVW LKQHQ JHEOLHEHQ XQG ZLH VFKHLQEDU REHUIOlFKOLFK LKUH (LQJULIIHVLQGVRUHLFKHQVLHGRFKLQGLH7LHIHGHU3V\FKH -HGHUPDQQ DXI (EHQHUG WUlJW HLQH 3HUVRQD LUJHQGHLQHU $UW GDV KHLW HLQH 0DVNH KLQWHUGHUHUVHLQH3HUV|QOLFKNHLWVHLQHQ&KUDNWHUYHUEHUJHQNDQQ'DEHLZlUHGDV OlQJVWQLFKWPHKUQ|WLJGHQQGLH(EHQHUGHUKDEHQVRZLHVROlQJVWNHLQH*HVLFKWHU PHKU (V JLEW ZLH JHVDJW HLJHQWOLFK NHLQ *HVHW] GDV GDV /DFKHQ YHUELHWHW DEHU HLQ /DFKHQ RGHU HLQ *ULQVHQ ZLUG DOV EHVRQGHUV REV]|QH *HVWH JHGHXWHW 8QG ZLH LPPHU LQ VROFKHQ )lOOHQ KDW GDV 9HUS|QWH GDV ,OOHJDOH VHLQHQ EHVRQGHUHQ 5HL] 8QG ZDV PDQ EHL 0XWWHUQ QLFKW EHNRPPW GDV PX PDQ VLFK LP 8QWHUJUXQG EHVRUJHQ $XI GHP 6FKZDU]PDUNW NULHJVW GX DOOHV ZDV GLFK ]XP /DFKHQ EULQJW 'X NULHJVW IUHLQSDDU*DOD[HLQHQ:LW]HU]lKOWIUHLQSDDUPHKUGLHVHQ:LW]DXFKHUNOlUW VRGDGXLKQ DXFKZLUNOLFKYHUVWHKVW²DEHUGLH*DUDQWLHIUHLQHQ/DFKHUNDQQ GLU QLHPDQG JHEHQ 'DV KHLW HV JLEW DXFK SURIHVVLRQHOOH ([KLELWLRQLVWHQ GLH 1XPPHUQ GUDXI KDEHQ GLH ZLUNOLFK ]XP 6FKUHLHQ NRPLVFK VLQG DEHU GLH VLQG NDXP ]X EH]DKOHQ XQG IU HLQHQ 1RUPDOVWHUEOLFKHQ JDU QLFKW ]X KDEHQ 'LHVH SURIHVVLRQHOOHQ .|QQHU WUHWHQ QLFKW |IIHQWOLFK DXI XQG LKUH 5XIQXPPHUQ ZHUGHQ QXUXQWHU)UHXQGHQZHLWHUJHJHEHQVLHVLQGELVLQV-DKUDXVJHEXFKW 6RHLQ&DOOJLUOLVW3LSHUVHLWLFKVLHGD]XJHPDFKWKDEH6LHKDWWH]ZDUGDV7DOHQW
]XU.RPLNHULQDEHULFKZDUHVGHULKU7DOHQWHQWGHFNWH,FKKDEHHLQJXWHV$XJH DEHUZLUNOLFK:DVGHQ:LW]YHUVWHKVWGXQLFKW"'DQQPXWGXHLQ(EHQHUGHUVHLQ +DKD 0DQ VHKH PLFK QXU DQ (LQ *HVLFKW ZLH YRQ HLQHP 5RERW PLW ]ZHL %HFNHQ DXFK 7VFKLQHOOHQ JHQDQQW ZXFKWLJ EHKDQGHOW HLQ $XJH KDOE JHVFKORVVHQ GDV DQGHUH LUJHQGZR LQ GLH %DFNHQ JHUXWVFKW HLQHQ VDEEHUQGHQ 0XQG HLQHQ NUXPPHQ 5FNHQ ZLH PDQ K|IOLFKHUZHLVH ]X HLQHP %XFNHO VDJW $UPH XQG %HLQHYLHOIDFK JHEURFKHQ XQG IDOVFK ]XVDPPHQJHZDFKVHQ GLH %HLQH ]XVlW]OLFK DQ GHQ 8QWHUVFKHQNHOQYHUNU]W,FKVHKHJHQDXVRDXVZLHGHU0RGHIUHDNGHUHU-DKUH GHU,GHDOW\SHLQHVHEHQHUGHU*HFNHQYRQGDPDOV (VZDUYRUGUHL-DKUHQGDLFK3LSHULQHLQHU3HHS6KRZVDK6LHPDFKWHDXIGRRI XQGWROSDWVFKLJ6LHWUDWPLWYLHO]XJURHQ6FKXKHQHLQHP]XNOHLQHQ)UDFNPLW 0HORQH XQG 6WRFN DXI $XI GHU 2EHUOLSSH WUXJ VLH HLQ NPPHUOLFKHV VFKZDU]HV %lUWFKHQ 3LSHU QDQQWH VLFK GDPDOV &KDUOLH XQG DOOH JODXEWHQ VLH VHL HLQ 0DQQ ZHJHQ GHV HFKWHQ %DUWV XQG PLW LKUHU 2EHUZHLWH ZDU HV QLFKW ZHLW KHU GRFK ZLH VLFK KHUDXVVWHOOWHWUXJVLHHLQHQJHV.RUVHWW 6LH XQWHUKLHOW GDPDOV HLQ 'XW]HQG +ROR.DELQHQ DEHU GDYRQ ZDUHQ QLH PHKU DOV YLHUJOHLFK]HLWLJEHVHW]W'LH(EHQHUGHUYHUVWDQGHQHLQIDFKQLFKWLKUHQIHLQVLQQLJHQ +XPRUVLHZROOWHQ6FKODPPVFKODFKWHQVHKHQXQGQDFKJHPDFKWH)U]HK|UHQGDV ZDU ZDV GHU GHP /DFKHQ HQWZ|KQWH %UJHU XQWHU +XPRU YHUVWDQG 3LSHUV 6LWXDWLRQVNRPLN ZDU ]X QDKH GHP $OOWDJ VLH ZXUGH PLW VLOEHUQHQ /|IIHOQ YHUDEUHLFKWGLH(EHQHUGHUDEHUVFKULHQQDFKGHP+RO]KDPPHU ,FK VDK VLH PLU HLQ GXW]HQGPDO DQ EHYRU LFK ZXWH GD VLH PHLQ 0lGFKHQ ZDU $OV LFK ]XP HUVWHQPDO KLQWHU GLH %KQH NDP GD EHI|UGHUWH VLH PLFK QRFK EHYRU LFKLKUPHLQHQ9RUVFKODJIHUWLJXQWHUEUHLWHQNRQQWHPLWHLQHP7ULFNKLQDXVXQG GLH VLHEHQ DQGHUHQ DEJHZUDFNWHQ (QWHUWDLQHU VFKDOWHWHQ LKUH /DFKVlFNH HLQ XP DQ]X]HLJHQZLHVHKUVLHGLHVH1XPPHUHUKHLWHUWH 'HU.USSHOXQGGLH6FK|QHGDV]RJ $OV 3LSHU PHUNWH ZHOFKHQ XQHUZDUWHWHQ (UIROJ VLH PLW GLHVHU (LQODJH KDWWH OXG VLH PLFK]XP(VVHQHLQ ³,Q2UGQXQJLFKDUEHLWHPLWGLU]XVDPPHQVDJWHVLHRKQH8PVFKZHLIHDOVZLULP $XWRPDWHQEXIIHW EHLVDPPHQVDHQ ³'X PLPVW GHQ 'RRIHQ GHU YRQ PLU 3UJHO EH]LHKWXQGLPPHUDXIGLH1DVHIlOOW(LQSDDU6FKUDPPHQPHKUWXQGHLQHU6FK|QKHLW RKQHKLQNHLQHQ$EEUXFK:LUWHLOHQVLHE]LJ]XGUHLLJ ³3UJHO PDFKHQ PLU QLFKWV DXV VDJWH LFK ³,FK QHKPH GHVKDOE QLFKW PHKU DOV GX )LIW\ILIW\XQGZLUVLQG3DUWQHU 6LH OlFKHOWH GHQQ LFK KDWWH LKUH $UW YRQ +XPRU JHWURIIHQ ,KU /lFKHOQ ZDU EH]DXEHUQG XQG IDVW WDW VLH PLU OHLG GD LFK VLH IU PHLQH =ZHFNH PLEUDXFKHQ ZUGHVLHKDWWHNHLQHQHLQ]LJHQEHVFKQLWWHQHQ0XQGPXVNHOZDUJDQ]QDWXUEHODVVHQ 6LHVFKWWHOWHGHQ.RSIGDLKU0lQQHUVFKHLWHOLQ8QRUGQXQJJHULHW ³'XKDVWPLFK]XP/DFKHQJHEUDFKW=ZHUJ'DVKDWQRFKQLHPDQGJHVFKDIIW :LU DUEHLWHWHQ QRFK HLQH :HLOH LQ GHU 3HHS6KRZ ]XVDPPHQ :LU PDFKWHQ HV ]XHUVW ZLH VLH HV ZROOWH PLW 6FKODPP XQG 7RUWHQ XQG .QSSHODXVGHP6DFN XQG LFK ZDU HV GHU GDEHL HLQH $EUHLEXQJ QDFK GHU DQGHUHQ EHNDP 8QG GDV NDP DQ GLH /HXWH OLHHQ LKUH /DFKVlFNH QXU VR IU XQV EUOOHQ XQG GLH DQGHUHQ
.RPLNHUGLHPLWXQVDXIGHU%KQHZDUHQZXUGHQJDQ]QHLGLVFK (LQHUGURKWHPLUPDODQPLUDOOH.QRFKHQLP/HLEH]XEUHFKHQGDNRQQWHLFKDEHU QXU JULQVHQ $OV RE LFK QRFK HLQHQ KHLOHQ .QRFKHQ JHKDEW KlWWH GHU ,QQHQODFKHU YHUVWDQGMHGRFKQLFKWPDOZLHJXWHUGHQ3XQNWJHWURIIHQKDWWH 8P HV PDO NXU] ]X HUNOlUHQ %HL 3HHS6KRZV VWHKHQ DOOH .QVWOHU DXI HLQHU HLQ]LJHQ %KQH $XI MHGHQ LVW HLQH /DVHUNDPHUD JHULFKWHW GLH GLH +ROR 3URMHNWLRQHQLQGLH.DELQHQDEVWUDKOWZRGLH/DFKJHLOHQHLQZLUNOLFKNHLWVJHWUHXHV $EELOG GHVMHQLJHQ JHOLHIHUW EHNRPPHQ IU GHQ VLH JHEXFKW KDEHQ (LQ]LJHU 1DFKWHLOGHV+RORUDPDVLVWGDPDQHVQLFKWDQIDVVHQNDQQ.ODUGDGLH9R\HXUH DQGHU$NWLRQDXFKQLFKWWHLOQHKPHQN|QQHQ 'DV LVW GDV ELOOLJVWH 9HUJQJHQ HV JLEW DEHU DXFK 3HHS6KRZV GLH HLQHP PHKU +DXWQlKHELHWHQXQGVRJDUVLPXOLHUHQGDPDQDP*HVFKHKHQEHWHLOLJWVHL 3LSHU XQG LFK EHJDQQHQ DOVR JDQ] XQWHQ 1DFK HLQLJHU =HLW PDFKWH LFK LKU GHQ 9RUVFKODJHLQHLJHQHV8QWHUQHKPHQDXI]X]LHKHQ:LHLFKPLUGDVYRUVWHOOHIUDJWH VLHPLFKXQGZHUGDVILQDQ]LHUHQVROOH ³,FKKDE ZDVDXIGLH6HLWHJHOHJWDQWZRUWHWHLFK³,FKZDUIUKHUHLQHJDQ]JURH 1XPPHU LQ HLQHU DQGHUHQ 6SDUWH ,FK KDEH JHQXJ XP XQV HLQHQ 6WDUW ]X HUP|JOLFKHQ ³6FKDGHXPV*HOG6TXDUVK1LHWHQZLHXQVJLEWHVZLH6WHUQHLP$OO8QGHKUOLFK LFKKDEHHVVDWWGLH/HXWHEORGDPLW]XXQWHUKDOWHQGDLFKGLUZHKWXH ³,FK PHLQH DXFK JDU QLFKW GD ZLU XQV ZHLWHU DXI 6FKODPPVFKODFKWHQ HLQODVVHQ VROOWHQHUZLGHUWHLFK³9HUVXFKHQZLUHVHLQIDFKPLWGHLQHU$UWGHV+XPRUV 6LHZDUILKUHQ/DFKVDFNDXIGHQ7LVFKXQGOLHLKQDEIlOOLJJDFNHUQ ³'XKDVWMDJHVHKHQZLHPHLQVRJHQDQQWHU+XPRUDQNRPPW,FKVWDQGNQDSSYRU GHP5DXVVFKPL'XKDVWPLFKYRUGHU*RVVHEHZDKUW6TXDUVK'DIUGDQNHLFK GLU$EHULFKZLOOGLUQLFKWDXFKQRFKGHLQH(UVSDUQLVVHDXVGHU7DVFKH]LHKHQ ³,FK UHGH GRFK DXFK EHUKDXSW QLFKW YRQ 3HHS6KRZV IXKU LFK XQEHLUUW IRUW XQG NDP DOOPlKOLFK LQ )DKUW HV ZDU GHU ULFKWLJH =HLWSXQNW³,FK PHLQHQLFKW GD ZLU XQV ZHLWHUKLQ IU GHQ 3|EHO KHUJHEHQ VROOHQ 6WHLJHQ ZLU HLQH 6WXIH K|KHU WXQ ZLU VIUDQVSUXFKVYROOHUHV3XEOLNXP ³8QGZRJLEW VGDVDXI(EHQHUG"'DVVLQGGRFKDOOHV,QQHQODFKHU²%DQDXVHQ ³5LFKWLJDEHUHVJLEWDXFK,QQHQODFKHUPLW*HOG:HOFKHPLW(LQIOXXQG0DFKW $QGLHPVVHQZLUXQVUDQPDFKHQ$XFKZHQQVLHNHLQHQ+XPRUKDEHQVRQGHUQ VLFKGDVQXUHLQELOGHQVRVLQGVLHHVGLHXQVJURPDFKHQN|QQHQ8QGHUVWHLQPDO LP *HVFKlIW N|QQHQ ZLU GXUFK HLQ ZHQLJ 0XQGSURSDJDQGD YRQ 6WXIH ]X 6WXIH KLQDXINOHWWHUQ ELV ZLU DQ GHU 6SLW]H VLQG 'DQN GHLQHP 7DOHQW N|QQWHQ ZLU ]XU -DKUKXQGHUWVHQVDWLRQZHUGHQ ³:HQQ PDQ GLFK VR K|UW GDQQ N|QQWH PDQ PHLQHQ HV VHL JDQ] OHLFKW .DUULHUH ]X PDFKHQ VDJWH VLH PHODQFKROLVFK 3LSHU ZDU VWHWV HUQVW VLH ODFKWH QXU DXV )UHXGH QLFKW DXV $PVHPHQW VLH PHLQWH /DFKHQ VHL HLQH VHKU HUQVWH $QJHOHJHQKHLW XQG /HXWH ]XP /DFKHQ ]X EULQJHQ GHU KlUWHVWH -RE GHV 8QLYHUVXPV 6LH VSUDFK YRQ ³6WHUQHQ DOV JlEH HV GLH QRFK LPPHU RKQH =DKO XQG YRP 8QLYHUVXP DOV VHL HV XQHQGOLFKXQGHQGHHVQLFKWVFKRQDP:DOOXPGLH0LOFKVWUDH%HLQDKHN|QQWHPDQ PHLQHQVLHOHEHLQGHU9HUJDQJHQKHLWXQGQLFKWLQGLHVHU=HLWGHU.lOWH ³,FKJODXEH DQGLFK3LSHU VDJWHLFKXQG UHLFKWHLKUGHQ6WUDX%OXPHQGHQLFK KLQWHUPHLQHP%XFNHOYHUVWHFNWKDWWH
³:LHKDVWGXPLFKJHQDQQW"IUDJWHVLH]HUVWUHXWZlKUHQGVLHPLWIHXFKWHQ$XJHQ GLH%OXPHQDQVLFKQDKP ³3LSHU GHLQ QHXHU .QVWOHUQDPH (U VROO XQV EHLGH DQ GLH =HLW GHU 3HHS6KRZV HULQQHUQ*HZLVVHUPDHQHLQ,QVLGHU:LW]]ZLVFKHQXQV ³8QGGLH%OXPHQ (VZDUHLQ)HEUXDUYRUJHQDXGUHL-DKUHQ ³$XIGHU(UGHZDUHVHLQVW%UDXFKVLFKDQGLHVHP7DJ%OXPHQ]XVFKHQNHQVDJWH LFK ³:RKHUZHLWGXGDV6TXDUVK"'DVLHEHUGLHVHQ%UDXFKLQIRUPLHUWZDUVWHOOWH VLHGDJHJHQDOVGLHVHOEVWYHUVWlQGOLFKVWH6DFKHYRQGHU:HOWKLQ6SlWHUYHUULHWVLH PLU GD VLH DOWWHUUDQLVFKH +XPRULVWLN VWXGLHUW KlWWH VSH]LHOO GDV -DKUKXQGHUW XQG GD VLH LKUH YHUVFKLHGHQHQ 0DVNHQ EHUKPWHQ .RPLNHUQ DXV GLHVHU =HLW QDFKHPSIDQG 6LH EHKDXSWHWH VRJDU GD GHU 9DOHQWLQVWDJ GHU )HEUXDU QDFK HLQHP.RPLNHUGLHVHU=HLWEHQDQQWVHLXQGGDVZDUVHOEVWPLUQHX³:RKHUNHQQVW GXGHQ%OXPHQEUDXFK6TXDUVK" ³(UKHUUVFKWH]ZDUODQJHYRUPHLQHU=HLWPHLQWHLFKGRSSHOGHXWLJ³DEHUDXFKLFK KDEH VR PHLQH 4XHOOHQ ,FK ZHFKVHOWH GDV 7KHPD ³0DFKHQ ZLU GHQ 6SUXQJ LQ HLQH:HOWNDUULHUH3LSHU" 1DFK HLQHP -DKU ZDUHQ ZLU JXW LP *HVFKlIW QDFK ]ZHL JDQ] REHQ XQG YRU $EODXI GHVGULWWHQ-DKUHVGLH*U|WHQEHUKDXSW 'LH HUVWHQ ]ZHL 0RQDWH ZDUHQ ]ZDU KDUW JHZHVHQ DEHUGDLFKYLHOH9HUELQGXQJHQ KDWWH XQG PLW 6FKPLHUJHOGHUQ QLFKW JHL]WH EHNDPHQ ZLU EDOG JXWH .RQWDNWH ]X *HOGOHXWHQ XQG 3ROLWLNHUQ 9RQ GD DQ OLHI DOOHV ZLH YRQ VHOEVW 3LSHU VFKOXJ DXI $QKLHE HLQ QLFKW HWZD GD VLH GLH %RQ]HQ ]XP /DFKHQ EUDFKWH PDQ N|QQWH EHLQDKH VDJHQ GD HKHU GDV *HJHQWHLO GHU )DOO ZDU VLH YHUVWDQGHQ NHLQHQ HLQ]LJHQ LKUHU *DJV $EHU 3LSHU ERW LKUH 1XPPHUQ VR JHNRQQW GDU GD VLH ]XPLQGHVW RSWLVFK JHILHO XQG GLH ,QQHQODFKHU LKUH 'DUELHWXQJHQ IU .XQVW KLHOWHQ (VZDUDXFK.XQVWDEHUGDVZXWHQQXULFKXQG3LSHU (LQHU HPSIDKO XQV GHP DQGHUHQ ZHLWHU XQG ZLU EHNDPHQ .XQGVFKDIW DXV LPPHU HUODXFKWHUHQ.UHLVHQ:LUEHUVLHGHOWHQLQHLQHYRUQHKPHUH*HJHQGXQGVWDQGHQDXI GHP 6SUXQJ LQ GHQ ,QQHQEH]LUN ZR GLH 0lFKWLJHQ ]X +DXVH ZDUHQ :LU NRQQWHQ XQVDXVVXFKHQYRUZHPZLUXQV]XU6FKDXVWHOOHQZROOWHQ'DVKHLWLFK]RJPLFK LPPHUPHKU]XUFNXQGEHUOLHGLH%KQH3LSHUVFKOLHOLFKJDQ] (VZDULKUH6KRZ $P (QGH GHU HUVWHQ VHFKV 0RQDWH VWDQGHQ ZLU YRU GHU :DKO XQV HLQ 3HQWKRXVH ]X PLHWHQRGHULQGHQ2UELW]XJHKHQ3LSHUWHQGLHUWHPHKUGD]XPLWEHLGHQ%HLQHQDXI GHP%RGHQ]XEOHLEHQZLHVLHHVDXVGUFNWHVLHWUlXPWHYRQGHQ6WHUQHQDEHUVLH ZROOWH VLFK PLW 7UlXPHQ EHJQJHQ GHQQ GDV $OO MDJWH LKU $QJVW HLQ 6R WUDI LFK HLQH (QWVFKHLGXQJ RKQH VLH HUVW ]X IUDJHQ XQG NDXIWH XQWHU GHU +DQG HLQ 5DXPVFKLII (LQ5DXPVFKLII]XHUVWHKHQGDVLVWLQGHUKHXWLJHQ=HLWJDUQLFKWVRHLQIDFKGDGLH 5DXPIDKUW YRQ GHQ &DQWDUR XQG YRQ 7HUUD DXV NRQWUROOLHUW ZLUG XQG HV NHLQHQ SULYDWHQ 5DXPYHUNHKU JLEW $EHU GDQN XQVHUHU %H]LHKXQJHQ NDP LFK DQ HLQ DXVUDQJLHUWHV0HGR6FKLIIYRQ7DKXQKHUDQYRQGHPHVKLHGDHVVFKRQ*U|HQ ZLH *DOEUDLWK 'HLJKWRQ XQG VRJDU GLH .XOWILJXU 3HUU\ 5KRGDQ EHI|UGHUW KDWWH HEHQGLHVH(/<6,$1GLHLFKLQ./$0$8.XPJHWDXIWKDWWH
0DQ PDFKWH XQV $XIODJHQ GD ZLU GHQ 2UELW YRQ (EHQHUGQLFKWYHUODVHQGXUIWHQ XQGGHU0HWDJUDYZXUGHVRJDUSORPELHUW$EHUGDPLWNRQQWHLFKOHEHQ 'HU .DXI GHU (/<6,$1 IKUWH ]ZLVFKHQ 3LSHU XQG PLU ]XP HUVWHQ .UDFK VLH ZHLJHUWH VLFK (EHQHUG ]X YHUODVVHQ (LQHV HUJDE GDV DQGHUH XQG VLH EHJDQQ PLU 'LQJH YRU]XKDOWHQ EHU GLHZLUYRUKHUQLHJHVSURFKHQ KDWWHQ 6LH EHVFKZHUWH VLFK GD LFK XQVHU 3XEOLNXP QDFK GHQ IDOVFKHQ .ULWHULHQ DXVVXFKWH XQG VWDWW *HOGOHXWH EOR (LHUN|SIH XQG %RQ]HQ DQVFKOHSSWH DOVR :LVVHQVFKDIWOHU XQG 3ROLWLNHU XP HV GHXWOLFKHU]XVDJHQ 8QGVLHEHVFKZHUWHVLFKGDUEHUGDLFKNHLQ0DQQVHL'DVLVWDXFKVRHLQ,QVLGHU -RNH]ZLVFKHQXQVDEHUNHLQHU]XP/DFKHQ3LSHUZDUHLQH)UDXGLHYLHO=lUWOLFKNHLW EUDXFKWH XQG LUJHQGZDQQ NDPHQ ZLU XQV VR QDKH GD VLH PHLQ DEVWRHQGHV bXHUHV JDU QLFKW PHKU VDK VRQGHUQ JODXEWH LQ PHLQ ,QQHUHV EOLFNHQ XQG GHQ *HIKOVPHQVFKHQ LQ PLU HQWGHFNHQ ]X N|QQHQ $OV LFK LKU MHGRFK JHVWHKHQ PXWH GDHVJHZLVVH*UHQ]HQJDEGLHLFKQLFKWEHUVFKUHLWHQNRQQWHZDUVLHJHNUlQNW ³0LUJHKWHVGRFKQLFKWGDUXPPLWGLU]XVFKODIHQGXKlOLFKHU=ZHUJZDUHVDXVLKU KHUDXVJHEURFKHQ ³'D IlQGH VLFK VFKRQ MHPDQG ,FK KDEH QXU JHJODXEW GD GX PLU HWZDV =XQHLJXQJ XQG =lUWOLFKNHLW JHEHQ N|QQWHVW ,FK KDEH JHJODXEW GX N|QQWHVW ZLUNOLFK OLHEHQ ,Q GHU 7DW LFK KDEH GLFK IU GHQ HLQ]LJHQ 0HQVFKHQ JHKDOWHQ GHU GD]XLPVWDQGHLVW ³(EHQGD]XELQLFKQLFKWIlKLJZDUDOOHVZDVLFKGD]XVDJHQNRQQWH 'DV ² XQG HLQLJHV PHKU ² KDWWH VLFK LQ GHP KDOEHQ -DKU DQJHVWDXW XQG EUDFK QXQ DXVLKUKHUYRU 'DUXPHQWVFKORLFKPLFKPHLQH.DUWHQDXI]XGHFNHQ ³,FK ELQ QLFKW GHU =XKlOWHU 3LSHU IU GHQ GX PLFK KlOWVW JHVWDQG LFK LKU ³,FK JHK|UHHLQHU:LGHUVWDQGV2UJDQLVDWLRQDQGLHIUDOOGDVNlPSIWZDVGXGLUVRVHKU ZQVFKVWXQGQLFKWEHNRPPHQNDQQVW 6LH JODXEWH PLU QLFKW 'DUXP PXWH LFK LKU HLQLJH (UNOlUXQJHQ DEJHEHQ XQG %HZHLVH EULQJHQ 'LH ZLFKWLJHQ /HXWH VDJWH LFK ]X LKU VHLHQ IU PLFK QLFKW GLH 1HXUHLFKHQGLHVH+RKON|SIHVHLHQYRP6\VWHPVRZLHVRQXUSURWHJLHUWZRUGHQZHLO VLHLGHDOH6WURKPlQQHUDEJDEHQ,FKPVVHPLFKDQMHQHKDOWHQGLHLP6\VWHPDQ GHQ )lGHQ GHU 0DFKW ]RJHQ GDEHL ZDUHQ PLU GLH UHJLRQDOHQ 3ROLWLNHU JDU QLFKW ZLFKWLJ GHQQ DXFK VLH ZDUHQ EOR 6WURKPlQQHU DEHU VLH VWHOOWHQ ]XPLQGHVW HLQ 6SUXQJEUHWW]XGHQZLUNOLFK0lFKWLJHQGDU ³0HLQ$XIWUDJLVWHV9HUELQGXQJHQ]XRUJDQLVLHUHQXQGZLFKWLJH,QIRUPDWLRQHQ]X EHVFKDIIHQ3LSHUJHVWDQGLFKLKU³7XWPLUOHLGGDLFKGLFKGDIUEHQXW]WKDEH 6LHKDWWHHV]LHPOLFKJHODVVHQDXIJHQRPPHQLFKNRQQWHVLHQDFKGHPLFKLKUPHLQH 8QIlKLJNHLW]XOLHEHQJHVWDQGHQKDWWHZRKOGXUFKQLFKWVPHKUHUVFKWWHUQ ³'DQQDUEHLWHVWGXDXFKPLW³0RVNLWR]XVDPPHQ" ³1HLQ PLW GLHVHP %DQGLWHQ KDEH LFK QLFKWV ]X WXQ 6ROFKH 6FKUHLKlOVH KDEHQ EHL XQVQLFKWV]XVXFKHQ:LUEHYRU]XJHQGLHGLVNUHWHUH$UW ,FK KDWWH VRJDU GHQ 9HUGDFKW GD GHU DQJHEOLFKH 5HEHOO GHU VLFK ³0RVNLWR QDQQWHHQWZHGHUQXUHLQH(UILQGXQJGHV6\VWHPVZDUXPGLH(EHQHUGHUEHL/DXQH ]XKDOWHQRGHUGDGDV6\VWHPLKPDXVHEHQGLHVHP*UXQG1DUUHQIUHLKHLWOLH ³,FKVWHFNHZRKOVFKRQVHKUWLHIGULQZDV6TXDUVK" ³'XNDQQVWQRFKDXVVWHLJHQXQGLFKEODVHGLHJDQ]H$NWLRQDE $EHU GDV ZROOWH VLH QLFKW 8QG VR ZXUGH VLH DXFK PHLQH 3DUWQHULQ LP
8QWHUJUXQGNDPSI 0LW GHU =HLW HQWZLFNHOWH VLH VLFK ]X HLQHU IDQDWLVFKHQ )UHLKHLWVNlPSIHULQKDWWHJURH7UlXPHIUGLH=XNXQIWXQGVDKHLQIUHLHV(EHQHUG VFKRQ YRU VLFK HLQH :HOW YROOHU 0HQVFKHQ GLH ZLHGHU ODFKHQ NRQQWHQ $EHU LFK PXWHLKUH,OOXVLRQHQ]HUVW|UHQ ³(EHQHUGLVWHLQHHKHPDOLJH*HWWRZHOW]XGHUDOOMHQH(OHPHQWHYHUEDQQWZXUGHQGLH GDV )XQNWLRQLHUHQ GHV 6\VWHPV VW|UWHQ P|JOLFKH )HLQGH DOVR 'DV 9HUERW VHLQH *HIKOH ]XU 6FKDX ]X WUDJHQ LVW QXU HLQHV GHU 0LWWHO PLW GHQHQ PDQ YHUVXFKHQ ZLOOGHQ:LGHUVWDQGGHUSRWHQWLHOOHQ5HEHOOHQLP.HLP]XHUVWLFNHQ ³-HW]W ZHL LFK ZHQLJVWHQV ZDUXP PHLQH 0XWWHU 3ORSKRV YHUODVVHQ PXWH KDWWH 3LSHU JHPHLQW GLHVH (ULQQHUXQJ HQWIDFKWH GDV )HXHU LQ LKU DEHU QXU QRFK VWlUNHU ³:HQQHVVRLVWGDQQHUVWUHFKW:LUZHUGHQ(EHQHUGEHIUHLHQ ,FK NRQQWH LKU GLHVH ,OOXVLRQ QLFKW ODVVHQ ZHLO LFK DXV (UIDKUXQJ ZXWH GD LKU 7UDXPQLFKW]XUHDOLVLHUHQZDU ³.LQGFKHQGDVZLUVWGXQLFKWHUOHEHQ8QVHU.DPSIGDXHUWVFKRQEDOG]ZHLKXQGHUW -DKUHRKQHGDZLUXQVHUHP=LHODXFKQXUHLQHQ6FKULWWQlKHUJHNRPPHQVLQG'DV 6\VWHP VFKHLQW XQEHUZLQGEDU :LU N|QQHQ IURK VHLQ GD HV XQVHUH 2UJDQLVDWLRQ EHUKDXSWQRFKJLEW ³:R]XNlPSIWLKUGDQQQRFK" ³(VOLHJWHEHQLQGHU1DWXUGHV0HQVFKHQIUGDVHLQ]XWUHWHQZDVGDV0HQVFKVHLQ DXVPDFKW $XFK ZHQQ GLHVHU .DPSI QRFK VR DXVVLFKWVORV XQG GLH (UUHLFKXQJ GHV JHVWHFNWHQ=LHOVXQP|JOLFKVFKHLQW 6ROFKH*HVSUlFKHIKUWHQZLUQRFKRIWXQGMHWLHIHULFK3LSHULQGLH*HKHLPQLVVHXQVHUHU 2UJDQLVDWLRQHLQZHLKWHMHPHKUVLHVLFKHQJDJLHUWHGHVWRGHXWOLFKHUZXUGHLKUGDHVHLQ IUHLHV(EHQHUGQLFKWHKHUJHEHQZUGHELVGLH*DOD[LVYRP-RFKGHV6\VWHPVEHIUHLW ZXUGH :LUYHUPLHGHQHVDEVLFKWOLFKYRQHLQHU'LNWDWXUGHU&DQWDUR]XVSUHFKHQZHLOGLH 0DFKWYHUKlOWQLVVH LQ GHU 0LOFKVWUDH YLHO ]X NRPSOL]LHUW ZDUHQ DOV GD PDQ GLH &DQWDUR DOV $OOHLQVFKXOGLJH QHQQHQ NRQQWH (V ZDUHQ ]ZDU GLH &DQWDUR JHZHVHQ GLH GLH 0LOFKVWUDH KHUPHWLVFK DEJHULHJHOW KDWWHQ DEHU LQ]ZLVFKHQ KDWWHQ VLH GLH JHVDPWH *DOD[LV NRUUXPSLHUW VR GD HLQH *UHQ]H ]ZLVFKHQ *XW XQG %|VH NDXP PHKU]X]LHKHQZDU :LU EDXWHQ GLH ./$0$8. DOOPlKOLFK ]X HLQHP ZLFKWLJHQ 6WW]SXQNW DXV ]X HLQHP ³%ULHINDVWHQ ]XU JHKHLPHQ 1DFKULFKWHQEHUPLWWOXQJ XQG ]X HLQHP 7UHIISXQNW YRQ :LGHUVWDQGVNlPSIHUQ :HQQ GLH 6KRZ JHUDGH QLFKW OLHI GDQQ EHIDQGHQVLFKDQ%RUGXQVHUHU./$0$8.GLHEXQWHVWHQ9|JHO :LUKDWWHQDXFKHLQHQ7UDQVPLWWHUHLQJHEDXW$JHQWHQGLHYRUGHU'HPDVNLHUXQJ VWDQGHQXQGXQWHUWDXFKHQPXWHQPDFKWHQKLHU=ZLVFKHQVWDWLRQELVVLHYRQHLQHP 3HQGOHUVFKLII XQVHUHU 2UJDQLVDWLRQ DEJHKROW ZXUGHQ GDV KHLW ELV VLH SHU 7UDQVPLWWHUGRUWKLQDEJHVWUDKOWZHUGHQNRQQWHQ =ZHLRGHUGUHLPDOLP-DKUEHJDELFKPLFKDXFKVHOEVWDQ%RUGHLQHV3HQGOHUVXP PLFK ]XP +DXSWTXDUWLHU EULQJHQ ]X ODVVHQ XQG GRUW SHUV|QOLFK ,QVWUXNWLRQHQ YRP .RSI XQVHUHU 2UJDQLVDWLRQ HLQ]XKROHQ LFK ZDU MD JHZLVVHUPDHQ VHLQH UHFKWH +DQGDEHUGDVKDWWHLFK3LSHUQLFKWDQYHUWUDXW8PLQ)RUP]XEOHLEHQXQGZHQQ 1RW DP 0DQQ ZDU JLQJ LFK DXFK IUHPG LQGHP LFK GLHVHQ RGHU MHQHQ DXHUWRXUOLFKHQ (LQVDW] PLWPDFKWH 0DO EOLHE LFK DXFK VFKRQ IU HLQHQ JDQ]HQ 0RQDW IRUW RKQH GD GDV JUR EHNDQQW JHZRUGHQ ZlUH :lKUHQG PHLQHU
$EZHVHQKHLWVFKDXNHOWH3LSHUGHQ/DGHQDOOHLQVLHZDUGLHSHUIHNWH$JHQWLQ 8QVHUH7DUQXQJKLHOWIDVW]ZHLHLQKDOE-DKUH 1XUDOVVLHPLUEHLGHU5FNNHKUYRQPHLQHUOHW]WHQ7RXUHU|IIQHWHGD*DOEUDLWK 'HLJKWRQ ]X *DVW DXI GHU ./$0$8. JHZHVHQ ZDU XQG LKUH 'DUELHWXQJ JHOREW KlWWHGDWUDIPLFKEHLQDKHGHU6FKODJ'DPLWZDUIUPLFKGDV6SLHODXV 'DVZDUDP-DQXDUJHZHVHQYRUGUHLHLQKDOE:RFKHQ ³(U ZLOO ZHQQ HU YRQ VHLQHU 5XQGUHLVH ]XUFNNRPPW VHLQHQ %HVXFK ZLHGHUKROHQKDWWH3LSHUPLWOHXFKWHQGHQ$XJHQEHULFKWHW³,VWGDVQLFKWHLQ'LQJ 6TXDUVKGHUPlFKWLJVWH7HUUDQHULQXQVHUHP1HW] ³:LUPVVHQXQVHUHQ5FN]XJYRUEHUHLWHQZDUDOOHVZDVLFKGD]X]XVDJHQKDWWH 'HQQZR'HLJKWRQGLHVHUXQKHLOEULQJHQGH6SUKXQGDXIWDXFKWHGDEOLHEQXU7RG XQG9HUZHVXQJ]XUFN ,FKWUDIHQWVSUHFKHQGH0DQDKPHQXPXQVHUH=HOWHDE]XEUHFKHQEHYRU'HLJKWRQ ZLHGHU QDFK (EHQHUG NDP ZDV QLFKW YRU GHP )HEUXDU VHLQ VROOWH 'LH 0LWWHOVOHXWH DXI (EHQHUG ZXUGHQ HQWVSUHFKHQG LQVWUXLHUW VLFK HQWZHGHU ELV DXI $EUXI LQ GHQ 8QWHUJUXQG ]XUFN]X]LHKHQ RGHU LKUH $EUHLVH YRU]XEHUHLWHQ $OOH ,QIRUPDWLRQVNDQlOHZXUGHQGLFKWJHPDFKW )U GHQ )HEUXDUZXUGHXQVHLQ3HQGOHUYHUVSURFKHQ GHUXQVDEKROHQ XQG]XU DNWXHOOHQ6WW]SXQNWZHOWEULQJHQVROOWH ³'DVLVWGHU7DJDQGHPPDQVLFKIUKHUDXI7HUUD%OXPHQJHVFKHQNWKDWPHLQWH 3LSHUYHUWUlXPW ,FKKROWHGHQIDVWYHUZHONWHQXQG]LHPOLFK]HU]DXVWHQ%OXPHQVWUDXKLQWHUPHLQHP %XFNHO KHUYRU GHQ LFK PLU GXUFK HLQHQ 0LWWHOVPDQQ YRQ 3ORSKRV KDWWH EHVRUJHQ ODVVHQXQGEHUUHLFKWHLKQ3LSHU 6LH ZHLQWH XQG GUFNWH PLFK DQ VLFK VLH PXWH LQ GLHVHP $XJHQEOLFN YHUJHVVHQ KDEHQGDLFKJDUNHLQULFKWLJHU0DQQZDUXQGQLFKWZLUNOLFKIKOHQNRQQWH :LU KDWWHQ IDVW DOOH 7HUPLQH DEVDJHQ N|QQHQ QXU GHU .XOWXVPLQLVWHU GHU GLH ./$0$8.IU GHQJHPLHWHW KDWWH OLH VLFK QLFKW DEZLPPHOQ 'DV SDWH PLU ]ZDUJDUQLFKWZHLOIUGLHVHQ7DJDXFKHLQ.DPHUDGPLWGHP'HFNQDPHQ³$OLDV DQJHVDJWZDUGHPGHU%RGHQYRQ(EHQHUG]XKHLJHZRUGHQZDU$EHUZDVVROOWH LFKPDFKHQHLQHP*LGHJ$OLGRPDHUGHP0DQQGHUDXI(EHQHUGDOVGHU,QLWLDWRU GHV/DFKYHUERWVJDOWNRQQWHPDQGRFKQLFKWHLQIDFKDEVDJHQ 9LHOOHLFKW KDWWH GDV DEHU DXFK VHLQ *XWHV 0|JOLFKHUZHLVH NRQQWH PDQ VRJDU DXVVSLRQLHUHQZLHHVZLUNOLFKJHZHVHQZDUZLHXQGZDUXPGHU%DQQVSUXFKEHU (EHQHUG JHIlOOW ZRUGHQ ZDU 'LHV MHGRFK QXU IDOOV *LGHJ QLFKW HLQHU ]X WLHIUHLFKHQGHQ *HKLUQZlVFKH XQWHU]RJHQ ZRUGHQ ZDU =XPLQGHVW ZROOWHQ ZLU HV YHUVXFKHQ XQG SUlSDULHUWHQ GDV 2EHUGHFN HQWVSUHFKHQG $OV GDQQ GLH VWDDWOLFKH )lKUHPLWGHPKRKHQ%HVXFKLQ6LFKWZHLWHNDPZDUHQZLUIUXQVHUHQDOOHUOHW]WHQ &RXSEHUHLW 'LH)lKUHOHJWHDQGHU./$0$8.DQXQGJHUDGHLQGLHVHP0RPHQWWUDIDXFKYRQ (EHQHUG GHU YHUDEUHGHWH 7UDQVPLWWHUNRGH YRQ .DPHUDG ³$OLDV HLQ 'LH 6DFKH ZXUGH HQJ ,FK VFKLFNWH 3LSHU XQVHUHP KRKHQ *DVW HQWJHJHQ ZlKUHQG LFK LP 0LWWHOGHFNGHQJHWDUQWHQ7UDQVPLWWHUMXVWLHUWH 6HNXQGHQ VSlWHU HQWVWLHJ GHP VFKZDU]ZDEHUQGHQ 7UDQVPLWWHUIHOG HLQ )UHPGHU HLQ EORQGHUJHKHW]WZLUNHQGHU-XQJHYRQK|FKVWHQV-DKUHQ ³1LFKW VFKLHHQ ULHI HU PLW HUKREHQHQ +lQGHQ DOV HU PHLQH :DIIH DXI VLFK
JHULFKWHW VDK ³0HLQ 1DPH LVW (LPHU 9LOORQ ,FK ELQ 0RVNLWR ,FK P|FKWH ]X HXFK ³:DVLVWPLW$OLDV"IUDJWHLFK ³(UZXUGHJHVFKQDSSW 'DVVWDQNELV]XP0LOFKVWUDHQZDOO ,FKSDUDO\VLHUWHGHQ(LQGULQJOLQJYRUHUVWHLQPDO ³,VWVLHQLFKWZXQGHUEDUVFKZlUPWH(LPHUQDFKGHU'DUELHWXQJ3LSHUZDUQXUIU LKQ PLW 6WRFN XQG 0HORQH XQG IDOVFKHP %DUW DXIJHWUHWHQ GDV 7UDQVSODQWDW DXV LKUHU )UK]HLW GDV NHVVH %lUWFKHQ EHU GHU 2EHUOLSSH KDWWH VLH VLFK OlQJVW HQWIHUQHQODVVHQ1DFKGHP$XIWULWWYHUVFKZDQGVLHPLW(EQHULQ LKUHU.DELQH IU HLQH'UDXIJDEH6LHZDU)HXHUXQG)ODPPHIULKQ0LFKJDEHVQLFKWPHKU 1LFKWGDLFKHLIHUVFKWLJJHZHVHQZlUHVROFKHU*HIKOHZDULFKJDUQLFKWIlKLJ $EHUPLUJHILHOGHU-XQJHQLFKW,FKZDUVLFKHUGDHUHLQIHLQGOLFKHU$JHQWZDU(U KDWWH.DPHUDG³$OLDVDXVJHVFKDOWHWXQGVHLQH6WHOOHHLQJHQRPPHQNHLQH)UDJH $EHU3LSHUVDKGDVQLFKWVR6LHZDUVHLQHP&KDUPHYHUIDOOHQ $OV (EQHU DXV LKUHU .DELQH NDP ZDU LFK JHUDGH GDEHL GHQ 5XINRGH IU GDV 3HQGOHUVFKLII ]X IXQNHQ (V ZDU HLQ 1RWUXI LFK ZROOWH HUUHLFKHQ GD HV IUKHU JHVFKLFNWZXUGHGHQQDPZDUHVYLHOOHLFKWEHUHLWV]XVSlW ³:LHOlXIWHV6TXDUVK"IUDJWHHUXQGVHW]WHVLFKLQGHQ]ZHLWHQ.RQWXUVHVVHOGHU .RPPDQGR]HQWUDOH HV ZDU PLU HJDO RE HU PHUNWH GD LFK VHLQHWZHJHQ PHLQH 7lWLJNHLWDEEUDFK ³:LHHVEHLGLUOlXIWEUDXFKHLFKZRKOQLFKW]XIUDJHQHUZLGHUWHLFK (U JOXFNVWH VHLQH 0XQGSDUWLH EOLHE GDEHL VWDUU 6HLQ *HVLFKW ZDU EHUKDXSW EDU MHJOLFKHQ $XVGUXFNV GHQQRFK KDWWH HU HWZDV *HZLQQHQGHV DQ VLFK HLQH XQHUNOlUOLFKH PDJLVFKH $XVVWUDKOXQJ $QJHEOLFK KDWWH HU VLFK GLHVH DXVGUXFNVORVH 3HUVRQD QXU ]XU 7DUQXQJ YHUSDVVHQ ODVVHQ XQG ZDU QDFK HLJHQHU $XVVDJH HLQ GXUFKXQGGXUFKKHLWHUHU0HQVFK ³'XPDJVWPLFKZRKOQLFKW6TXDUVKZDV"(UVHXI]WHEHGDXHUQG³,UJHQGZLHNDQQ LFK GDV VRJDU YHUVWHKHQ ,FK ELQ LQ GHLQ ,G\OO HLQJHEURFKHQ XQG EULQJH GHLQH 2UJDQLVDWLRQGXUFKHLQDQGHU'DVZlUHPLUDXFK]XYLHO$EHUJODXEHPLUELWWHGD LFK*XQDUV9HUWUDXHQQLFKWPLEUDXFKWKDEH:LUZDUHQ)UHXQGH$QGHUQIDOOVKlWWH HUPLUQLHGDV$QJHERWJHPDFKWPLFKLQHXUH2UJDQLVDWLRQHLQ]XIKUHQ ³'DVZDUVHKUOHLFKWIHUWLJYRQLKPVDJWHLFK ³,FKWUDXHUHXPLKQHEHQVRZLHGX6TXDUVK:DUXPPLWUDXVWGXPLUQXUVR"'DV KDEHLFKQLFKWYHUGLHQW ,FK VDJWH QLFKWV GDUDXI 6SlWHU JHVHOOWH VLFK 3LSHU ]X XQV XQG ZLU EHJDEHQ XQV JHPHLQVDPDXIV2EHUGHFN:LHQLFKWDQGHUV]XHUZDUWHQEUDFKWH(LPHUVLHGD]X LKP HLQLJH 1XPPHUQ LKUHV 5HSHUWRLUHV YRU]XIKUHQ ZDV IU EHLGH HUQHXW LP %HWW YRQ3LSHUV.DELQHHQGHWH ,FK QXW]WH GLH *HOHJHQKHLW IU HLQHQ ZHLWHUHQ 1RWUXI HUKLHOW DEHU NHLQH $QWZRUW :LUZUGHQZRKOELV]XPYHUDEUHGHWHQ=HLWSXQNWZDUWHQPVVHQ$EHUYLHOOHLFKW VFKLHQDOOHVJXW]XJHKHQGHQQGHU)HEUXDUJLQJVHLQHP(QGH]XXQGDXHUGD 3LSHUY|OOLJGHQ.RSIYHUORUHQKDWWHZDUQLFKWVSDVVLHUW -DXQGDEJHVHKHQGDYRQGDGLH1DFKULFKWYRQGHU$QNXQIWGHU2',1*DOEUDLWK 'HLJKWRQV)ODJJVFKLIIGXUFKGHQbWKHUJLQJ ³6FKOlIVW GX GHQQ QLH 6TXDUVK" HUNXQGLJWH VLFK (LPHU DOV HU PLFK JHJHQ
0LWWHUQDFKWEHLPHLQHUHLQVDPHQ:DFKHVW|UWH³:DUXPN|QQHQZLUNHLQH)UHXQGH ZHUGHQ":HJHQ3LSHU" ³-D ZHJHQ 3LSHU VDJWH LFK RKQH LKQ DQ]XVHKHQ ³,FK PDJ VLH QlPOLFK XQG LFK ZQVFKWH LKU QLFKWV PHKU DOV GD VLH PLW MHPDQGHP JOFNOLFK ZLUG $EHU LFK EH]ZHLIOHGDGLHVHU-HPDQGDXVJHUHFKQHWGXELVW ³8QGGRFKELQLFKHVEHKDXSWHWH(LPHU³'XZLUVWVFKRQVHKHQ*ODXEVWGXQLFKW DQ/LHEHDXIGHQHUVWHQ%OLFN" ³,FKKDEHYRQGLHVHP$EHUJODXEHQJHK|UW :LU UHGHWHQ QRFK HLQH :HLOH EHU GDV 7KHPD DEHU HV KLHOW QLFKW ODQJH (EQHU EHJDQQEHUVLFK]XHU]lKOHQ(UVSUDFKVHKURIIHQEHUVHLQH5ROOHDOV&ORZQGHU YRQ GHQ5HJLHUXQJVVWHOOHQ QXU JHGXOGHW ZXUGHXQG IDOOHQJHODVVHQ ZRUGHQ ZDU ZLH HLQH KHLH .DUWRIIHO DOV HU ]X GUHLVW ZXUGH (V NODQJ DOOHV VHKU HKUOLFK XQG YHUQQIWLJQXUNRQQWHGDVJHQDXVRJXWDXFKDOOHVEORNDONXOLHUWH6KRZVHLQ (EQHU ZDU FOHYHU XQG ZHQQ HU NHLQ 5HJLHUXQJVDJHQW ZDU GDQQ VR GDFKWH LFK ZlUHHUIUXQVHUH2UJDQLVDWLRQHLQHHFKWH%HUHLFKHUXQJJHZHVHQ&KDULVPDWLVFKH %XUVFKHQZLHHUZDUHQXQVLPPHUZLOONRPPHQ ³$OV&ORZQKDWPDQHVLP/HEHQLQMHGHU%H]LHKXQJYLHOOHLFKWHUVDJWHHU ³8QGDOV=ZHUJVWLPPWHLFK]X ³:LHNDPHVGDGXVRZXUGHVWZLHGXELVW6TXDUVK" ,FK KDWWH PHLQH *HVFKLFKWH QRFK QLHPDQGHP HU]lKOW QLFKW HLQPDO 3LSHU DEHU SO|W]OLFK KDWWH LFK GDV %HGUIQLV VLH GLHVHP 6FKQ|VHO DQ]XYHUWUDXHQ (U VWUDKOWH ZLUNOLFKHWZDVDXVGHPVHOEVWLFKPLFKQLFKWJDQ]HQW]LHKHQNRQQWHZLHDEJHNOlUW LFK DXFK ZDU ,FK PLWUDXWH LKP QRFK LPPHU DEHU GHU :XQVFK LKP WUDXHQ ]X N|QQHQ ZDU VWlUNHU DOV GLH NKOH 9HUQXQIW 8P 3LSHUV ZLOOHQ GXUIWH HU NHLQ 9HUUlWHUVHLQ ³,FKZXUGHDXI$UDORQDXVHLQHU0ROHJH]FKWHWGDVLVWHLQIHKOEHIUXFKWHWHV(LXQG HLJHQWOLFK JDU QLFKW EHUOHEHQVIlKLJ DEHU GLH KHXWLJH *HQWHFKQLN PDFKW GDV 8QQDWUOLFKH P|JOLFK HU]lKOWH LFK ³,FK ZDU YRQ $QIDQJ DQ DXI *HQ0OO SURJUDPPLHUW NHLQH $KQXQJ ZDUXP GLH $UDV PLFK QLFKW JOHLFK ]XP $EIDOO ZDUIHQ $QJHEOLFK EUDXFKHQ VLH VROFKH )HKO]FKWXQJHQ ZLH PLFK XP GDUDXV ]X OHUQHQ 6LH ]RJHQ PLFK JUR PDFKWHQ LKUH YLYLVHNWRULVFKHQ ([SHULPHQWH PLW PLU XQGDOVLFKLKQHQ]XODQJZHLOLJZXUGHVWLHHQVLHPLFKDE (V NXUVLHUHQ XQJODXEOLFKH 6FKDXHUPlUFKHQ EHU (XWKDQDVLH XQG VR DOOHV QLFKW ZDKU 'LH &DQWDUR GHQQ VLH VWHFNHQ KLQWHU GHQ *HQ([SHULPHQWHQ ]HUVW|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|UH 0HLQ :HUW DOV :LGHUVWDQGVNlPSIHU VFKLHQ QXU JHULQJZHLOLFKPLFKQLFKWXQWHUQRUPDOH0HQVFKHQZDJHQNDQQ$EHUGDQQNDP MHPDQG DXI GLH ,GHH PLFK DXI (EHQHUG HLQ]XVHW]HQ ,FK OLH HLQLJH XQDQJHQHKPH
3UR]HGXUHQ EHU PLFK HUJHKHQ XP GLHVHV $XVVHKHQ ]X EHNRPPHQ 8QG GDV LVW DOOHV (LPHUQLFNWH ³3LSHU KDW JHVDJW GD GX YRQ HLQHU HLJHQHQ 6FK|QKHLW ELVW GLH QLFKW MHGHU VHKHQ NDQQ-HW]WZHLLFKZDVVLHPHLQW ³,FKSIHLIDXIGHLQHQ6FKPXVVFKLPSIWHLFK XQGZROOWHPLFK]XUFN]LHKHQ$EHU GDNDPHLQ)XQNVSUXFKXQGGDQQQRFKHLQHUEHLGHIDVW]XUJOHLFKHQ=HLW'HUHUVWH ZDUNRGLHUWXQGVWDPPWHYRQGHP3HQGOHUVFKLIIGDVNDPXPXQVDE]XKROHQ'HU ]ZHLWH )UHLVSUXFK NDP YRQ (EHQHUG XQG ZXUGH DXI GHU 5HJLHUXQJVIUHTXHQ] JHVHQGHW *LGHJ$OLGRPDHUNQGLJWHXQVGDULQGHQ%HVXFKYRQ*DOEUDLWK'HLJKWRQDQ-HW]W ZXUGH HV EUHQ]OLJ ,FK KlWWH (LPHU DXI GHU 6WHOOH HUZUJHQ N|QQHQ (U PXWH PHLQH$EVLFKWZRKOYRQPHLQHP*HVLFKWDEJHOHVHQKDEHQGHQQHUKREDEZHKUHQG GLH+lQGHXQGEHWHXHUWHGDHUGDPLWQLFKWV]XWXQKDEH ³'XPXWPLUJODXEHQGDLFKNHLQIDOVFKHV6SLHOWUHLEH6TXDUVKYHUVLFKHUWHHU WUHXKHU]LJ ,FKZHUGHGLHVHQ%OLFNPLWGHPHUPLFKLQGLHVHP0RPHQWDQVDKQLHYHUJHVVHQ XQG ZDKUVFKHLQOLFK ZDU GLH (ULQQHUXQJ DQ GLHVH VR DXVVDJHNUlIWLJHQ $XJHQ PLWEHVWLPPHQGIUPHLQHQ(QWVFKOXLKQ]XP+HOGHQ]XPDFKHQ 3LSHU PDFKWHHLQHQHWZDVYHUVFKODIHQHQ(LQGUXFN6LHOHKQWHVLFKPLWHLQHP$UP DP5DKPHQVWW]HQGLQGHU.DELQHQWU ³:LUPVVHQVRIRUWDEKDXHQVDJWHLFK³'HLJKWRQLVWDXI0HQVFKHQMDJGGDVVSUH LFK ³'X XQG GHLQ *HVSU 6TXDUVK VDJWH VLH RKQH VLFK ]X UKUHQ VLH VDK PLU XQEHWHLOLJW]XZLHLFKGHQ7UDQVPLWWHUMXVWLHUWH³8QGLFKVDJHGLUGDGLHVXQVHUH &KDQFHLVWGHPPlFKWLJVWHQ7HUUDQHUODFKHQGHQ*HVLFKWVGLH:UPHUDXVGHU1DVH ]X]LHKHQ ³,FK IUFKWH GLHVPDO KDW 6TXDUVK UHFKW PHLQWH 9LOORQ ³'HLJKWRQ LVW EHVWLPPW QLFKW ]XP 9HUJQJHQ KLHU :DV ZlUH ZHQQ PDQ PLFK EHL GHU %HQXW]XQJ GHV 7UDQVPLWWHUVDQJHSHLOWXQGDXFKGLH(PSIlQJHUNRRUGLQDWHQDQJHSHLOWKlWWH" ,FKZLUEHOWHKHUXPVFKQHOOWHPLFKDXIGLH=HKHQXQGSDFNWHLKQDP.UDJHQLFKELQ XQJODXEOLFKNUlIWLJXQGDOVLFKLKPGLH.HKOH]XVFKQUWHOLHIHUJDQ]EODXDQ ³:LHVR KDVW GX XQV YHUVFKZLHJHQ GD GX JHRUWHW ZXUGHVW VFKULH LFK LKQ DQ (U NRQQWHQLFKWDQWZRUWHQHUEHNDPQLFKWPDO/XIW ³/D LKQ ORV 6TXDUVK EHIDKO 3LSHU XQG GDQQ VSUWH LFK ZLH LKUH )lXVWH DXI PHLQHQ%XFNHOWURPPHOWHQ³/D(EQHUVRIRUWORVGXEULQJVWLKQXP ³'D]XKlWWHLFKZLUNOLFK/XVWVDJWHLFKXQGOLHLKQORV(UNUPPWHVLFKKXVWHQG XQG 3LSHU ZDU VRIRUW EHL LKP XP LKP GLH KHLOHQGHQ 6WUHLFKHOHLQKHLWHQ ]X YHUSDVVHQ ,FKVDKZWHQGDXILKQ³8QGZHUKDWJHVDJWGDZLUGLFKPLWQHKPHQ(LQHUPX GRFKKLHUEOHLEHQXP'HLJKWRQKLQ]XKDOWHQ ³,FKHPSIDQJHGHQ$QGRFNLPSXOVPHOGHWHGHU6\QWURQ³'LH3ODQHWHQIlKUHLVW]XP $QOHJHQEHUHLW ³'LH)lKUHZLOODQOHJHQVDJWHLFKLQHLQHUVHOWVDPHQ$QZDQGOXQJYRQ+XPRU³'LH )lKUHLVWVRJURGDVLHXQVLQLKUHP+DQJDUYHUVFKOXFNHQN|QQWH 9LHOOHLFKW ZDU GDV VRZLHVR 'HLJKWRQV $EVLFKW $EHU GDV NRQQWH XQV HJDO VHLQ VRODQJHGHU7UDQVPLWWHUIUHLZDU
³+H 6TXDUVK GX NDQQVW PLFK QLFKW ]XUFNODVVHQ VDJWH 9LOORQ ZHLQHUOLFK MHW]W ]HLJWHVLFKGDHUDXFKQRFKHLQ)HLJOLQJZDU³'DVZUGHPLFKGHQ.RSINRVWHQ ³+HXW]XWDJHZLUGQLFKWPHKUJHN|SIWVDJWHLFKELVVLJ³6LHKDEHQHVEORDXIGHLQ *HKLUQ DEJHVHKHQ XQG GD LVW VRZLHVR QLFKW YLHO YHUORUHQ ,FK VFKWWHOWH YHUVWlQGQLVORVGHQ.RSI³/lWVLFKEHLP$EVWUDKOHQDQSHLOHQ ³,FKYHUPXWHMDEORGDHVVRJHZHVHQVHLQN|QQWHMDPPHUWHGHUVFK|QH-QJOLQJ PLWGHPQLFKWVVDJHQGHQ*HVLFKWZHLWHU ³'LH )lKUH DN]HSWLHUW NHLQ URERWLVFKHV $QGRFNPDQ|YHU PHOGHWH VLFK ZLHGHU GHU 6\QWURQ³,FKZXUGHZ|UWOLFKJHIUDJWREGHQQQLHPDQG]X+DXVHVHL ³,FKPDFKGDVVFKRQERW3LSHUVLFKDQXQG]ZlQJWHVLFKDQPLUYRUEHL³0DFKWLKU EHLGHVFKRQGDLKUDQ%RUGGHV3HQGOHUVJHODQJW ,FKHUJULIILKUHQ$UPXQGGUHKWHVLH]XPLUKHUXP ³,FK ODVVH QLFKW ]X GD GX ]XUFNEOHLEVW KHUUVFKWH LFK VLH DQ ³'X ELVW HEHQVR JHIlKUGHWZLHLFK:HQQ'HLJKWRQHLQHQ9HUGDFKWKDWGDQQZLUGHUGLFKGXUFKGHQ :ROIGUHKHQELVGXDOOHVJHVWHKVW ³:DV ZHL LFK GHQQ VFKRQ" VDJWH VLH VS|WWLVFK ³:DV KDVW GX PLU GHQQ JUR YHUUDWHQ",FKNHQQHNHLQHQHLQ]LJHQ.RGH2KQHGLFKZlUHMFKY|OOLJKLOIORV ³7URW]GHP 6LHOHJWHPLUGLH+DQGDXIGHQ0XQGXQGVDJWHVDQIW]lUWOLFKIDVW ³1LPP (LPHU PLW ELWWH ,FK NRPPH VFKRQ ]XUHFKW 'HLJKWRQ LVW DXFK QXU HLQ 0DQQ ³'DELQLFKJDUQLFKWVRVLFKHU 6LHVDKPLFKJDQ]VHOWVDPDQLKU%OLFNZDULPPHUQRFKIOHKHQGLKUH$XJHQEDWHQ IU9LOORQDEHUGDZDUQRFKHLQDQGHUHU$XVGUXFNGULQ ³,FK NDQQ VHOEVW 5RERWHU EHW|UHQ PHLQWH VLH YLHOGHXWLJ XQG ]ZLQNHUWH PLU ]X (V ZDUHLQVRIOFKWLJHV=HLFKHQGD9LOORQHVJDUQLFKWKDWWHPLWEHNRPPHQN|QQHQ $XHUGHPZDUHU]XVHKUPLWVHLQHU$QJVWXPVhEHUOHEHQEHVFKlIWLJW ³3LSHUKDWUHFKWYHUVLFKHUWHHU³6LHVFKDIIWGDVVFKRQ8QGZHQQZLUHUVWHLQPDO LQ 6LFKHUKHLW VLQG NRPPHQ ZLU VSlWHU XP VLH ]XKROHQ'DV LVW GLH EHVWH /|VXQJ IUXQVDOOH ³0HLQVWGXVDJWHLFK 3LSHU KDWWH GDV (QGH GHV .RUULGRUV HUUHLFKW %HYRU VLH LQ GHU .RPPDQGR]HQWUDOH YHUVFKZDQG GUHKWH VLH VLFK QRFK HLQPDO XP XQG VSLW]WH GLH /LSSHQ ]X HLQHP ODXWORVHQ.X 'LHVHV %LOG WUDJH LFK ELV KHXWH LQ PLU (V ZDU GLH OHW]WH 0RPHQWDXIQDKPH GLH LFK YRQLKUJHPDFKWKDEH ³'X ZLOOVW DOVR XQEHGLQJW PLW -XQJH VDJWH LFK QDFKGHQNOLFK XQG QDKP HLQLJH OHW]WH (LQVWHOOXQJHQ DP 7UDQVPLWWHU YRU 'LH 9HUELQGXQJ PLW GHP 3HQGOHUVFKLII ZDUEHUHLWVKHUJHVWHOOW ³(VJHKWPLUQLFKWQXUXPPLFKXQG3LSHUEHWHXHUWHHUZHQQPDQVHLQ*HVLFKW QLFKW VDK GDQQ NRQQWH PDQ GHQNHQ GLH 6WLPPH JHK|UH HLQHU HPRWLRQVJHODGHQHQ 3HUVRQ$QGHUHUVHLWVZHQQPDQVLFKYRQVHLQHP$QEOLFNQLFKWIHVVHOQOLHVSUWH PDQ DXFK QLFKW VHLQ &KDULVPD (U IXKU IRUW ³,FK ELQ VLFKHU GD LFK PLW PHLQHQ )lKLJNHLWHQHLQH9HUVWlUNXQJIUHXUH2UJDQLVDWLRQELQ ³0|JOLFKHUZHLVH©VDJWHLFKXQJHZL ,FK K|UWH 3LSHUV JHGlPSIWH 6WLPPH DXV GHU .RPPDQGR]HQWUDOH 6LH NODQJ JHO|VW
VLHIOLUWHWHPLWLUJHQGMHPDQGYHUPXWOLFKPLW*DOEUDLWK'HLJKWRQ,FKEHUOHJWHIU HLQHQ 0RPHQW RE HV QLFKW UDWVDP ZlUH HEHQIDOOV DQ %RUG ]X EOHLEHQ XQG GHP JHIlKUOLFKVWHQ%OXWKXQGGHU*DOD[LVGHQ*DUDXV]XPDFKHQ6HOEVWDXIGLH*HIDKU GDVHLJHQH/HEHQ]XYHUOLHUHQZlUHGDVNHLQ]XKRKHU3UHLV$EHULFKNRQQWHVLFKHU VHLQGD'HLJKWRQVLFKDEJHVLFKHUWKDWWH0HLQ2SIHUZlUHGDQQXPVRQVW ³:LHODQJHEUDXFKWGDVGHQQQRFK"GUlQJWH9LOORQ ,FK ZROOWH VDJHQ /D PLFK 3LSHUV 1lKH QRFK HLQ ZHQLJ JHQLHHQ LFK IUFKWH QlPOLFKGDLFKVLHQLHZLHGHUVHKHQZHUGH$EHULFKVDJWHQLFKWV,FKODXVFKWHPLW PHLQHQEHVRQGHUHQ6LQQHQDXILKUH6WLPPHXQGGLH*HUlXVFKHGLHVLHYHUXUVDFKWH ³-D LFK ELQ DOOHLQ *DO JDQ] DOOHLQ IO|VWHWH VLH EHVWLPPW KDWWH VLH LKUHQ 6FKODI]LPPHUEOLFN ³0HLQ 3DUWQHU LVW XQWHUZHJV 0LOLHXVWXGLHQ GX YHUVWHKVW" 6LH ODFKWH ZLH QXU VLH HV NRQQWH ³-D LFK ELQ VLFKHU GD GX KLHU EHL PLU HLQLJHV OHUQHQ NDQQVW ³'X*HIKOVGXVHOUDXQWHPLU9LOORQ]X³%HHLOHGLFK'LHZDUWHQGUEHQVFKRQ DXI XQV0|FKWHVWGXGDVLHRKQHXQVDEIOLHJHQ" )DVWZQVFKWHLFKHV ³2ND\VDJWHLFK³(VLVWVRZHLW 9LOORQDWPHWHK|UEDUDXI ³'X]XHUVWVDJWHLFKXQGVFKDOWHWHGHQ7UDQVPLWWHUHLQ ,FKPHUNWHZLHHUVLFKYHUVWHLIWHDEHUHUSURWHVWLHUWHQLFKW 3O|W]OLFK SDFNWH HU PLFK XQG ]RJ PLFK PLW VLFK GXUFKV 7UDQVPLWWHUIHOG ,FK ZHKUWH PLFK QLFKW REZRKO LFK LKQ VSLHOHQGKlWWHDEZHKUHQN|QQHQ²LFKELQNUlIWLJJHQXJ XPPLW]HKQVHLQHV.DOLEHUVIHUWLJ]XZHUGHQ $EHU LFK ZROOWH PLU NHLQHQ )HKOHU HUODXEHQ XP QLFKW DP (QGH JDU HLQHQ 8QVFKXOGLJHQDXIGHP*HZLVVHQ]XKDEHQ=ZDUZDULFKPLUPHLQHU6DFKHDEVROXW VLFKHU DEHU 3LSHUV *HIKOH ]X GLHVHP 9HUUlWHU KDWWHQ PLFK GRFK HLQ ZHQLJ YHUXQVLFKHUW $XFK 5RERWHU KDWWHQ VFKRQ JHLUUW VSH]LHOO VROFKH PLW %LRSODVPD]XVlW]HQ PLW ELRSRVLWURQLVFKHQ*HKLUQHQXQGLFKUKPHPLFKNHLQHVZHJVYROONRPPHQ]XVHLQ $EHU HLQV XQG HLQV NRQQWH LFK ]XVDPPHQ]lKOHQ XQG GD 'HLJKWRQ XQVHUH 6KRZVFKDXNHO QLFKW LQ HLQHU %OLW]DNWLRQ DXVJHKREHQ KDWWH NRQQWH QXU EHGHXWHQ GDHUPHKUDOVQXUXQVHUH.|SIHZROOWH ,KP ZDU RKQH =ZHLIHO ZHLW PHKU GDUDQ JHOHJHQ XQVHUH JDQ]H 2UJDQLVDWLRQ DXV]XKHEHQXQGGDVNRQQWHLKPQXUJHOLQJHQZHQQHUPLFKHQWNRPPHQOLHXQG HLQHQ$JHQWHQEHLXQVHLQVFKOHXVWH $QIDQJVKDWWHLFKMDDXFK3LSHUYHUGlFKWLJWGDVLH$EHULQ]ZLVFKHQJODXEWHLFK VLH GXUFK XQG GXUFK ]X NHQQHQ 8QG PLW 9LOORQV XQYHUPXWHWHP $XIWDXFKHQ KDWWH VLFKGHULGHDOH9HUGlFKWLJHDQJHERWHQ(VSDWHDXFKDOOHV]XVDPPHQPDQPXWH 'HLJKWRQ SHUIHNWHV 7LPLQJ EHVFKHLQLJHQ 8QWHU GHQ JHJHEHQHQ 8PVWlQGHQ EOLHE PLUJDUQLFKWVDQGHUHVEULJDOV9LOORQLQV6FKOHSSWDX]XQHKPHQ 8QGGDVZDUGHU=XJDQJ]XXQVHUHU2UJDQLVDWLRQ $OOH GLHVH hEHUOHJXQJHQ KDWWH LFK OlQJVW VFKRQ DQJHVWHOOW XQG HQWVSUHFKHQGH *HJHQPDQDKPHQ JHWURIIHQ 8QWHU GHP 9RUZDQG HLQH OHW]WH )HLQMXVWLHUXQJ DP 7UDQVPLWWHUYRU]XQHKPHQKDWWHLFKGHU6FKLIIVEHVDW]XQJHLQH:DUQXQJJHIXQNW ,FKKDWWHQXUKRIIHQN|QQHQGDVLHDXFKZLUNOLFKWDWHQZDVLQVRHLQHP)DOOJHWDQ ZHUGHQPXWH
9LOORQ XQG LFK PDWHULDOLVLHUWHQ QLFKW DQ %RUG GHV 6FKLIIHV VRQGHUQ LP IUHLHQ 5DXP 6HLQ *HVLFKW ZDU DXI HLQPDO QLFKW PHKU DXVGUXFNVORV ,FK VDK QDFNWHV (QWVHW]HQGDULQGDVVLFKJOHLFKGDUDXILQ(QWVFKORVVHQKHLWYHUZDQGHOWH$OVHUVLFK DXI GLHVH :HLVH HQWODUYW VDK GHU &KDQFH HQWKREHQ XQVHUH 2UJDQLVDWLRQ ]X XQWHUZDQGHUQ]RJHUGLHOHW]WHP|JOLFKH .RQVHTXHQ] (U]QGHWHVLFKGLHOHEHQGH%RPEH ,FK KDWWH ]ZDU PHLQH 6FKXW]VFKLUPH HLQJHVFKDOWHW DEHU GLH EUDFKHQ XQWHU GHU *HZDOWGHU([SORVLRQ]XVDPPHQ0HLQH.RNRQPDVNHYHUJOKWH]XUFNEOLHEQXU PHLQIDVWXQ]HUVW|UEDUHU$WURQLWDO&RPSRVLWXP*UXQGN|USHUGDVQDFNWH5RERWHL =HQWLPHWHU KRFK PLW HLQHP 'XUFKPHVVHU YRQ =HQWLPHWHUQ DQ GHU GLFNVWHQ 6WHOOHGDVLFK9$5,2GDUVWHOOH ,FKZXUGHYRQGHU0DQQVFKDIWGHV3HQGOHUVHLQJHKROWXQGDEJLQJGLH3RVW ,FK KDEH 3LSHU QLFKW ZLHGHUJHVHKHQ $XFK DOV (LPHU 9LOORQ GHVVHQ hEHUWULWW ]XU *HJHQVHLWH *DOEUDLWK 'HLJKWRQ HLQLJHV .RSI]HUEUHFKHQ EHUHLWHQ GUIWH DXFK LQ PHLQHU QHXHQ 0DVNH DOV NRPHWHQKDIW DXIVWHLJHQGHU JDODNWLVFKHU )UHLKHLWVKHOG ELQ LFKLKUQLHJHJHQEHUJHWUHWHQREZRKOLFKEHU0LWWHOVOHXWHYHUQRPPHQKDEHGD VLHPLFK]XVHKHQZQVFKWH $EHU LFK KDEH GDV DEJHOHKQW XQG DOOHQ JHVDJW GD VLH EHVWLPPW NHLQH VR JXWH :,''(5$JHQWLQPHKUZlUHZHQQVLHHUQHXWGHP&KDULVPD9LOORQVYHUILHOH 7DWVlFKOLFKEHIUFKWHWHLFKYLHOOHLFKWGDHVPLUQLFKWJXWWXQZUGHZHQQLFKLKU LQ PHLQHP QHXHQ VFK|QHQ .|USHU JHJHQEHUVWQGH XQG HUNHQQHQ PWH GD VLH NHLQHQ *HGDQNHQ PHKU DQ GHQ NOHLQHQ KlOLFKHQ =ZHUJ 6TXDUVK PHKU YHUVFKZHQGHWGHULKUVRVHKU]XJHWDQZDU 0,77:2&+,67(57586(57$* 'LH VHFKV HUWUXVLVFKHQ 2O\PSLRQLNHQ ZDUHQ DXVJHODVVHQ XQG VDQJHQ HLQH DOWH 9RONVZHLVH ³:LUEUDXFKHQNHLQHQ)ULHGHQ :LUEUDXFKHQNHLKHLQH)UHLKHLW :LUEUDXFKHQNHLKHLQH*HUHFKWLJNHLW $OOHVZDVZLUEUDXFKHQ LVWHLQ6WKFNFKHQYRP5LQG 6LH KDWWHQ VLFK DXI GHP 2EHUGHFN GHV NOHLQHQ 5DXPVFKLIIV HLQJHIXQGHQ GDV DQJHEOLFK PDO DOV 7KHUDSLHUDXP JHGLHQW KDEHQ VROOWH DOV GLH (/<6,$1 QRFK DOV 0HGR6FKLIILP(LQVDW]ZDUXQGOLHHQGLH³6DXUDXVZLHPDQDXI(UWUXVVDJWH 'LH VHFKV KDWWHQ DXFK DOOHQ *UXQG ]XP )HLHUQ GHQQ VLH KDWWHQ DQ GLHVHP 7DJ HLQHQ JURDUWLJHQ 6LHJ JHODQGHW YLHOOHLFKW GHQ JU|WHQ LQ GHU *HVFKLFKWH LKUHV 9RONHV 'HU 7DJ LKUHV 7ULXPSKV GLHVHU 0LWWZRFK GHU $SULO 1*= ZUGH ]XP EHGHXWHQGVWHQ)HLHUWDJLKUHV9RONHVZHUGHQ'LHVHVHFKV6|KQHYRQ(UWUXVKDWWHQ QLFKW QXU LKUH JHNORQWHQ *HJHQVSLHOHU LQ GLH .QLH JH]ZXQJHQ VRQGHUQ GLH JDODNWLVFKH*URPDFKWGHQWHUUDQLVFKHQ5LHVHQ $UDELP +XOHVFKRW PLW 0HWHUQ XQG =HQWQHUQ GHU JU|WH XQG VFKZHUJHZLFKWLJVWHGHU:HWWNlPSIHUODJUFNOLQJVDXIGHP%RGHQGHVHKHPDOLJHQ 7+(5$3<723/(9(/ XQG QXFNHOWH DP 6FKODXFK GHU %LHURUJHO (U YHUODJHUWH GHQ7ULQNVFKODXFKLQGHQOLQNHQ0XQGZLQNHOXQGJU|OWHPLWVFKZHUHU=XQJH
³:LHKDWLKU7UDLQHUGLH'LFNZDQVWHQRFKJHQDQQW+XJL+XJHQRWWHQ" ³+\SRSK\VHQ ZLHGHUKROWH 9HQGHU *HOHPFKD XQG EUOOWH YRU 9HUJQJHQ HU OPPHOWH PLW JHVSUHL]WHQ %HLQHQ DXI GHU 7KHUDSLHFRXFK XQG ZROOWH VLFK DXVJHODVVHQDXI GLH 6FKHQNHONODWVFKHQGDHUVHLQ=LHOYHUIHKOWHWURPPHOWHHUDXI GHQ%RGHQ³+\SRSK\VHQ ³(V PX KHLHQ ZROOWH 1XUQR ;DUEDFK VDJHQ NDP DEHU LQV 6WRFNHQ ² GLHVHV HLQIDFKH :|UWFKHQ ZROOWH LKP HLQIDFK QLFKW HLQIDOOHQ (U KDWWH LP )UHLVWLOUFNZlUWVNDPSI EHL GHP HV QLFKW QXU DXI 5RKNUDIW VRQGHUQ DXFK DXI .|SIFKHQ XQG JXWH ,QVWLQNWH DQNDP ZRKO GHQ EHHLQGUXFNHQGVWHQ 6LHJ JHODQGHW DEHUMHW]WZDUYRQLKPZRKOQLFKWPHKUYLHO]XHUZDUWHQHLQ)D%LHUQDFKYLHOHQ -DKUHQGHU$EVWLQHQ]KDXWHDXFKGHQVWlUNVWHQ(UWUXVHUXP³(VPXKHLHQ ³+\JXSKRWHQ VSUDQJ 6DQRVFK 3RUHPRRQ IU LKQ HLQ GHU +DQGLNDSOlXIHU VSUDFK ZHQLJHUGHUIOVVLJHQDOVGHUIHVWHQ1DKUXQJ]XXQGKDWWHQRFKHLQHQY|OOLJNODUHQ .RSI$XFKZHQQHUVRQVWQLFKWVRKHOOHZDUMHW]WKDWWHGHU&KDPSLRQGHU+UGHQ XQG *HOlQGHIDOOHQ GHQ DQGHUHQ HLQLJHV YRU ³0DQ KDW GLH 5HWRUWHQEDE\V +\JXSKRWHQ JHQDQQW 'DV LVW GLH $ENU]XQJ IU +\SR[DQWKLQ*XDQLQ 3KRVSKRULERV\O7UDQVIHUDVH .HLQHU YRQ LKQHQ VROO lOWHU DOV ]ZHL -DKUH JHZHVHQ VHLQ ³:HQQ GX HV VDJVW 6DQ\ PHLQWH 2YHU 7UHLP PLW YROOHP 0XQG XQG ZDU GDEHL QRFK JDQ] HUQVW DEHU GDQQ NRQQWH HU SO|W]OLFK QLFKW PHKU DQ VLFK KDOWHQ XQG SUXVWHWHORVVRGDGHUKDOE]HUNDXWH,QKDOWVHLQHUJHUDGHQRFKSUDOOHQ%DFNHQZLH HLQH )RQWlQH DXV LKP KHUYRUTXROO XQG DQ GHU 'HFNH NOHEHQ EOLHE 8QQ|WLJ ]X HUZlKQHQZLHHVDXIGHPYRUPDOVVFKPXFNHQ2EHUGHFNLQ]ZLVFKHQDXVVDK 'DVIDQGHQGLHDQGHUHQVRNRPLVFKGDVLHVFKLHU]XWREHQDQILQJHQ1XU6DQRVFK 3RUHPRRQ VWDQG HLQLJHUPDHQ YHUVWlQGQLVORV GDQHEHQ :LH JHVDJW HU ZDU QLFKW JHUDGHGHU.OJVWHXQGNRQQWHQLFKWPHKUPLWKDOWHQZHQQGHUHUWUXVLVFKH+XPRU ]XWLHIVLQQLJZXUGH ³1RFK HLQH 5XQGH 6WLHUKRGHQ LQ 6O]H EHVWHOOWH $UDELQ +XOHVFKRW DXVJHODVVHQ ³$EHUHLQELFKHQIORWW(O\8QGJLEJOHLFK]ZHL'RVHQIUMHGHQYRQXQVIUHLZLU VLQGJODWWDP9HUKXQJHUQ ³,FKK|UHDXINHLQH.RVHIRUPHQGHV6FKLIIVQDPHQVHUNODQJGDGLHNODUH6WLPPH GHV%RUGV\QWURQV³$XHUGHPKDEWLKUDOOH9RUUlWHDXIJHEUDXFKW ³:DV ULHI 0HDQGHU 7ULGRJJ HPS|UW ³:DV QLFKWV PHKU ]X IXWWHUQ" 8QG ZLH VWHKW VPLW*HWUlQNHQ" ³(V JLEW QXU QRFK 1XW]ZDVVHU DQ %RUG NODQJ HV HPRWLRQVORV DXV GHP /DXWVSUHFKHU $UDELP +XOHVFKRW JDE HLQ *HUlXVFK YRQ VLFK GDV VHLQHU JUHQ]HQORVHQ $EVFKHX JHJHQEHU$ONRKROIUHLHPGHXWOLFK$XVGUXFNYHUOLHK ³:LH VROOHQ ZLU GD XQVHUHQ 6LHJ EHU GLH +\JRGLQJVGD IHLHUQ" ULHI 0HDQGHU 7ULGRJJDXIJHEUDFKW³'XKDVWJHZXWZHUGHLQH3DVVDJLHUHVHLQZUGHQ:LUVLQG GRFKNHLQH6LJDQHVHQ ³'LH9HUSIOHJXQJOLHJWQLFKWLQPHLQHP%HUHLFKVDJWHGHU6\QWURQ³,FKELQQXU IU GLH 6FKLIIVIKUXQJ YHUDQWZRUWOLFK XQG VROO HXFK VLFKHU LQV .UHLW6\VWHP ]XUFNEULQJHQ ,Q ZHQLJHQ 0LQXWHQ LVW (QGH GHU hEHUOLFKWHWDSSH 'DQQ VLQG ZLU DP=LHO ³'DQQIHLHUQZLUHEHQGDKHLPZHLWHUWU|VWHWH1XUQR;DUEDFKGLH)UHXQGH³0DQ
ZLUGXQVLQGHU+HLPDWZLH+HOGHQ HPSIDQJHQ 0DQZLUGXQV PLW.|VWOLFKNHLWHQ QXU VR YROOVWRSIHQ 8QG GDQQ ULHI HU GHQ WUDGLWLRQHOOHQ :DKOVSUXFK GHU (UWUXVHU ³:HUGHWGLFNXQGVDWW 8QGDOOHELV DXI6DQRVFK 3RUHPRRQILHOHQGDULQHLQXQGGDQQVWLPPWHQVLH YRQ QHXHPGLHDOWHHUWUXVLVFKH9RONVZHLVHDQ ³:LUEUDXFKHQNHLQHQ)ULHGHQ 6DQRVFK 3RUHPRRQ ]RJ VLFK XQDXIIlOOLJ ]XUFN XQG VWLHJ ]XP &21752/0,' /(9(/KLQXQWHU ³+H 6\QWURQ VSUDFK HU LQ GLH OHHUH .RPPDQGR]HQWUDOH ³GX PDFKVW GHQ (LQGUXFNDOVN|QQWHPDQYHUQQIWLJPLWGLUUHGHQ:lUVWGXGD]XEHUHLW" ³,FK ELQ GD]X GD $XVNXQIW ]X JHEHQ VDJWH GHU 6\QWURQ ³$EHU HUZDUWH QLFKW ]XYLHOYRQPLU0HLQH6SHLFKHUWUDJHQNHLQH*HKHLPQLVVH ³,VW GHU *UXQG IUGLHVH 2O\PSLDGHHLQ*HKHLPQLV"IUDJWH6DQRVFK3RUHPRRQLQ VHLQHUQDLYHQ$UW ³1HLQDEHUGHULVWGRFKRKQHKLQNODU ³0LU QLFKW JHVWDQG 6DQRVFK 3RUHPRRQ ³,FK KDEH GD HWZDV QLFKW JDQ] PLWEHNRPPHQ ,FK ZHL ELV MHW]W QRFK QLFKW JHQDX ZDUXP LFK PLFK PLW HLQHP +\JXSKRWHQ PHVVHQ PXWH (V ZXUGH ]ZDU GDUEHU JHUHGHW GD GHU $XVJDQJ GHV :HWWVWUHLWV YRQ JURHU SROLWLVFKHU %HGHXWXQJ VHL DEHU ZDV GDV JHQDX KHLW GDV YHUVWHKHLFKQLFKW ³6DJH PLU ZDV GX ZHLW GDQQ ZHUGH LFK GHLQH :LVVHQVOFNHQ DXIIOOHQ EDW GHU 6\QWURQ ³1XQ 6DQRVFK3RUHPRRQ GDFKWH DQJHVWUHQJW QDFK ³:LU KDEHQ DXI (UWUXV QLFKW JHQXJ ]XP %HLHQ 'LH (UQWHQ EULQJHQ NHLQHQ DXVUHLFKHQGHQ (UWUDJ XQG ZLU PVVHQ EHU VLHE]LJ 3UR]HQW GHV EHQ|WLJWHQ )OHLVFKHV HLQIKUHQ 8QVHUH 3ROLWLNHU KDEHQJHVDJWGDGDVDOOHVEHVVHUZUGHZHQQZLUGHQ:HWWNDPSIJHZlQQHQ ³:DVZHLWGXEHUGLHJHVFKLFKWOLFKHQ+LQWHUJUQGH"IUDJWHGHU6\QWURQ³%LVWGX GDUEHULQIRUPLHUWZLHHV]XPZLUWVFKDIWOLFKHQ1LHGHUJDQJYRQ(UWUXVNDP" ³,FK ZHL QXU GD YRU IQI]LJ -DKUHQ RGHU VR ELVODQJ XQEHNDQQWH 6HXFKHQ DXVEUDFKHQ GLH XQVHUH 9LHKKHUGHQ GDKLQUDIIWHQ VDJWH 6DQRVFK 3RUHPRRQ ³XQG GD 6FKlGOLQJH XQVHUH )HOGHU YHUZVWHWHQ (UVW GXUFK WHUUDQLVFKH +LOIH NRQQWHQ ZLU GHU 6HXFKHQ XQG 6FKlGOLQJH +HUU ZHUGHQ $EHU ZLU KDEHQ XQV YRQ GLHVHU +HLPVXFKXQJELVKHXWHQLFKWHUKROW ³'LH 8UVDFKHQ IU GLHVH 1DWXUNDWDVWURSKH GDV 8PNLSSHQ GHU gNRVSKlUH YRQ (UWUXVZXUGHQLHJHNOlUWVDJWHGHU6\QWURQ ? ³-D LFK ZHL VWLPPWH 6DQRVFK 3RUHPRRQ ]X ³0DQFKH EHKDXSWHQ LPPHU QRFK GDHVVLFKXPNHLQH1DWXUNDWDVWURSKHVRQGHUQXP6DERWDJHKDQGHOWHGLHQXUGHQ =ZHFNKDWWHXQVLQGLH$EKlQJLJNHLWGHUJDODNWLVFKHQ0DFKWKDEHU]XEULQJHQ ³0LW VROFKHQ XQEHZLHVHQHQ $QVFKXOGLJXQJHQ VROOWH PDQ YRUVLFKWLJ VHLQ ZDUQWH GHU 6\QWURQ ³,FK ELQ QXU HLQ%RUGUHFKQHUNHQQHQLHPDQGHPJHJHQEHU/R\DOLWlW XQGELQDXFKDQNHLQH6FKZHLJHSIOLFKWJHEXQGHQ ³,FK GHQNH JDU QLFKW VR VDJWH 6DQRVFK 3RUHPRRQ ³'DV OLHJW DXFK DOOHV ZHLW ]XUFN ,FK NRPPH QXU QLFKW GDKLQWHU ZLH HLQ VR XQEHGHXWHQGHU :HWWNDPSI EHVWLPPHQGIUGDV6FKLFNVDOHLQHVJDQ]HQ3ODQHWHQVHLQVROO ³(V JHKW GDEHL XP PHKU VDJWH GHU 6\QWURQ ³QlPOLFK GDUXP ]X EHZHLVHQ GD JHNORQWH(UWUXVHUPHKU]XOHLVWHQLPVWDQGHVLQGDOVQDWUOLFKJHERUHQH
³8QG QXU ZHLO ZLU JHJHQ GLHVH +\JXSKRWHQ JHZRQQHQ KDEHQ GUIHQ ZLU QXQ DXI IHWWHUH-DKUHKRIIHQ"IUDJWH6DQRVFK3RUHPRRQ ³6R ODXWHW GLH $EPDFKXQJ EHVWlWLJWH GHU 6\QWURQ ³*DOEUDLWK 'HLJKWRQ KDW Z|UWOLFK JHVDJW :HQQ HV HLQ KDOEHV 'XW]HQG DXI QDWUOLFKH :HLVH JHERUHQH (UWUXVHU VFKDIIHQ EHL HLQHP :HWWNDPSI JHJHQ VHFKV XQVHUHU (UWUXVHU.ORQH ]X EHVWHKHQ GDQQ EHNRPPW (UWUXV :LUWVFKDIWVKLOIH LP hEHUIOX ,KU N|QQW GLH 'LV]LSOLQHQ EHVWLPPHQ LQ GHQHQ LKU DQWUHWHQ ZROOW 'HLJKWRQ PX VHKU VLHJHVJHZL JHZHVHQ VHLQ XP VLFK DXI VR HLQHQ +DQGHO HLQ]XODVVHQ 8P VR HQWWlXVFKWHUZLUGHUEHUGLH1LHGHUODJHVHLQHU+\JXSKRWHQVHLQ ³(U KlWWH XQV GLH :DKO GHU :HWWNDPSIDUWHQ QLFKW EHUODVVHQ GUIHQ PHLQWH 6DQRVFK 3RUHPRRQ JULQVHQG ³$XI (UWUXV JLEW HV HLQLJH VHKU HLJHQZLOOLJH 6SRUWDUWHQ YRQ GHQHQ )UHPGH QRFK QLFKW PDO JHK|UW KDEHQ +\JXSKRWHQ ZHUGHQ ZRKOQLFKWGDIUJHNORQWXPP|JOLFKVWZHLWJHJHQGHQ:LQGVSXFNHQ]XN|QQHQ ³1HLQ XQG VLH ZHUGHQ DXFK QLFKW ]X 9LHOIUDHQ JHNORQW LKU 0DJHQYROXPHQ LVW VLFKHUOLFK HLQHV GHU XQEHGHXWHQGHUHQ .ORQNULWHULHQ EHVWlWLJWH GHU 6\QWURQ ³,KU KDEW*DOEUDLWK'HLJKWRQEHUOLVWHW'DVZDUHLQHVWUDWHJLVFKH0HLVWHUOHLVWXQJHXUHU 3ROLWLNHU*UDWXOLHUH ³,FKYHUVWHKHHVLPPHUQRFKQLFKWJDQ]VDJWH6DQRVFK3RUHPRRQNRSIVFKWWHOQG ³$EHUGDVLVWVFKOLHOLFKDXFKHJDOZHQQZLUYRQMHW]WDQQXUZLHGHUIHWWXQGVDWW ZHUGHQN|QQHQ'DQNHIUGHLQH$XIPHUNVDPNHLW 'HU6\QWURQVDJWHGDUDXIQXU ³(QGHGHUhEHUOLFKWHWDSSH 'DHVNHLQHQ1DFKVFKXEDQ%LHUXQG%FKVHQIOHLVFKPHKUJDEZDUGLH6WLPPXQJ DXIGHP2EHUGHFNQDKHGHP1XOOSXQNWJHVXQNHQGLHIQI2O\PSLRQLNHQGLHDXI 3DULF]D GHU :HOW GHU hEHUVFKZHUHQ JHJHQ LKUH JHNORQWHQ $UWJHQRVVHQ HLQHQ VR EHUUDJHQGHQ6LHJHUUXQJHQKDWWHQZDUHQIDVWZLHGHUDXVJHQFKWHUW $OV 6DQRVFK 3RUHPRRQ ]X LKQHQ ]XUFNNDP YHUIROJWHQ VLH LP +RORUDPD GHQ $QIOXJ DQ GHQ GULWWHQ 3ODQHWHQ GHU 6RQQH .UHLW LKUHU +HLPDWZHOW (UWUXV XQG GLVNXWLHUWHQ DOOH 0|JOLFKNHLWHQ GHV IHVWOLFKHQ (PSIDQJV GHQ PDQ LKQHQ ELHWHQ ZUGH ³2E'HLJKWRQVFKRQ$QZHLVXQJHQJHJHEHQKDWGLH&RQWDLQHUVWUDHQDFK(UWUXV]X |IIQHQ"IUDJWHGHUIHWWH$UDELP+XOHVFKRW ³'LHHUVWHQ&RQWDLQHUPLW5LQGHUKlOIWHQKDEHQ2O\PSEHUHLWVYHUODVVHQEHKDXSWHWH 9HQGHU *HOHPFKD ³8QG GLH .RUQNDPPHUQ GHU .RVPLVFKHQ +DQVH ZHUGHQ QDFK (UWUXVYHUODJHUW ³8QG LQ =XNXQIW ZLUG =XKDXVH ZLHGHU IHWWHV 9LHK DXI VDIWLJHQ :HLGHQ JUDVHQ VFKZlUPWH2YHU7UHLP ³$EHUNHLQJHNO|QWHV9LHKZHKUWH1XUQR;DUEDFKHQWVHW]WDE³6RQVWZHUGHQDXV XQVQRFKYHUZHLFKOLFKWH+\JXSKRWHQ 6LHJU|OWHQYRU/DFKHQXQGGLHVPDOILHO6DQRVFK3RUHPRRQOHLFKWHQ+HU]HQVGDULQ HLQ'LH=XNXQIWJHK|UWHLKQHQGHQIUHLXQGQDWUOLFKJHERUHQHQ(UWUXVHUQ ³'LH %UDXHUHLHQ ZHUGHQ ZLH 3LO]H DXV GHP %RGHQ VFKLHHQ VFKZlUPWH 1XUQR ;DUEDFK ZHLWHU ³XQG ZHQQ GX +XQJHU RGHU 'XUVW KDVW ZLUVW GX QLFKW DXI GLH QlFKVWH :RFKHQUDWLRQ ZDUWHQ PVVHQ (V ZLUG DOOHV ZLHGHU LP hEHUIOX JHEHQ XQGXQVHUH)UDXHQZHUGHQEDOGZLHGHUUXQGXPJXWJHSROVWHUWVHLQ ³(LQ)XQNVSUXFKGHU5HJLHUXQJYRQ(UWUXVIUGLHVLHJUHLFKHQ2O\PSLRQLNHQYRQ
3DULF]DPHOGHWHGHU6\QWURQ³'DUILFKGXUFKVWHOOHQ" ³)UDJ QLFKW VR EO|G XQG PDFK VFKRQ VFKQDX]WH GHU QLPPHUVDWWH $UDELP +XOHVFKRW XQJHGXOGLJ 0HDQGHU 7ULGRJJ ULHE VLFK HUZDUWXQJVYROO GLH +lQGH 9HQGHU *HOHPFKD OHFNWH VLFK GLH /LSSHQ 2YHU 7UHLP WURPPHOWH VLFK LQ NLQGOLFKHU 9RUIUHXGHLQZLOGHP6WDNNDWRDXIGHQ%DXFK 'DV +RORUDPD GHV :HOWUDXPV PLW GHP IDVW IRUPDWIOOHQGHQ GULWWHQ 3ODQHWHQ YHUVFKZDQG XQG ZXUGH GXUFK GDV %LOGQLV HLQHV LKQHQ XQEHNDQQWHQ (UWUXVHU DEJHO|VW ³'DVLVWDEHUQLFKW2OHKRP.ULVWDPXQVHUVWHOOWH6DQRVFK3RUHPRRQEHUUDVFKW IHVW ³6HKUULFKWLJLFK1ROHPH1RWXUHLELQVHLQ1DFKIROJHUVDJWHGHU8QEHNDQQWHDXV GHP +RORUDPD ³'HU 9HUVRUJXQJVPLQLVWHU LVW DEJHVHW]W XQG NDQQ QXU KRIIHQ GD HUHLQJXWHV 9HUVWHFNJHIXQGHQKDWZRLKQGHU=RUQGHU DXIJHEUDFKWHQ9RONVVHHOH QLFKWHUUHLFKW8QGLKUZDJWHXFKJDUQLFKWHUVWQDFK(UWUXV ³:DV VROO GHU 4XDWVFK ULHI $UDELP +XOHVFKRW DXIJHEUDFKW ³:LU KDEHQ JHJHQ GLH +\JXSKRWHQHLQHQ6HFKV]XQXOO6LHJHUUXQJHQ ³'DQQ VFKODJW HXHU 7UDLQLQJVODJHU LP KLQWHUVWHQ :LQNHO GHU *DOD[LV DXI XQG ZDSSQHW HXFK IU GHQ QlFKVWHQ :HWWVWUHLW JHJHQ GLH QHXH *HQHUDWLRQ YRQ +\JXSKRWHQVDJWHGHUQHXH9HUVRUJXQJVPLQLVWHU ³,FK YHUVWHKH GLH :HOW QLFKW PHKU $UDELP +XOHVFKRW ZDU VR EOD JHZRUGHQ ZLH HLQ (UWUXVHU QXU ZHUGHQ NRQQWH VHLQ 6LFKHONDPP KLQJ WUDXULJ ]XU 6HLWH ³:LHVR ZXUGHXQVHU6LHJQLFKWDQHUNDQQW" ³'RFK GRFK YHUVLFKHUWH 1RWXUHL KlPLVFK ³*DOEUDLWK 'HLJKWRQ KDW DXFK HLQ *OFNZXQVFKWHOHJUDPPJHVFKLFNW,FKEHUVSLHOHHVHXFK ,P+RORZUIHOHUVFKLHQHLQNXQVWYROOYHUVFKQ|UNHOWHU6FKULIW]XJ(UODXWHWH ³0HLQH*OFNZQVFKHDQGDVHUWUXVLVFKH9RON²6723²(XUH:HWWNlPSIHUKDEHQ VLFK JHJHQ GLH +\JXSKRWHQ VLHJUHLFK JHVFKODJHQ 6723 ,KU KDEW XQV EHVLHJW 6723 $XI HLQ 1HXHV 6723 *HWUHLGHOLHIHUXQJVWRS )OHLVFKYHUVRUJXQJV6WRS :LUWVFKDIWVKLOIH6WRS 6DQRVFK3RUHPRRQYHUVWDQGDOVHLQ]LJHUGLH3RLQWHQLFKW $EHUGDGLH6WLPPXQJXQWHUGHQ.DPHUDGHQDXIHLQPDOLP.HOOHUZDUJHWUDXWHHU VLFKDXFKQLFKW]XIUDJHQ (6*5h1762*5h1'211(567$* ³6LPDUXIW%DQGDELWWHPHOGHQ ³+LHU%DQGD:DUXPVRI|UPOLFK6LPD" ³:HLO GLHV HLQH $NWLRQ DXI /HEHQ XQG 7RG LVW GDV VROOWH GLU HQGOLFK NODU VHLQ %DQGD:LUPDFKHQNHLQH6FKHU]H ³6FKDGH ³:RELVWGXMHW]W" ³,FKELQDQGHU6WDGWJUHQ]H$P5DQGGHV)DPLOLHQEH]LUNV9RUPLUGHU'VFKXQJHO +DE VFKRQHLQHQ'LUWRJHVLFKWHWGHUDEHUKDWGLH%HLQHLQGLH+DQGJHQRPPHQXQG LVW ³'DVUHLFKW,FKELQXQWHUZHJV]XP5DXPKDIHQ$P=LHODQJHODQJWPHOGHLFKPLFK ZLHGHU(QGH ³,FKOLHEHGLFK6LPD
6LPD VFKDOWHWH GDV 6SUHFKIXQNJHUl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lPOLFK GHU JU|WH SODQHWDUH )HLHUWDJ 'HQQ DQ VROFK HLQHP 'RQQHUVWDJ YRU EDOG -DKUHQ ZDU QDFK $EVFKOX GHV DXIZHQGLJHQ *HQHVLV 3URJUDPPVGHU3ODQHWZLHGHU]XU%HVLHGOXQJIUHLJHJHEHQZRUGHQ+HXHULP-DKUH ILHOGHU*UQGRQQHUVWDJDXIGHQ6HSWHPEHU 8QGJDQ]+DGHVZDULQ.DUQHYDOVVWLPPXQJ 1XU 6LPD $QFRXU QLFKW 6LH KDWWH VLFK DOV &\ERUJ YHUNOHLGHW GLHVH 0DVNH PLW %HGDFKWJHZlKOWXQGVLHVRHFKWZLHP|JOLFKJHVWDOWHW'LH0DVNHZDUVRSHUIHNW GDPDQVLHIUHLQHQ&DQWDURKLHOWXQGLKUQDFK0|JOLFKNHLWDXVGHP:HJJLQJ 6LH KDWWH GLH 5VWXQJ ]XIlOOLJ EHL HLQHP 0DVNHQYHUOHLKHU HLQHP VFKUXOOLJHQ DOWHQ .DX]HQWGHFNW'HU0DQQEHKDXSWHWHVRJDUGDHVVLFKXPHLQH2ULJLQDO&DQWDUR 5VWXQJKDQGHOWHGHUQXUGLHK\SHUWHFKQLVFKHFDQWDULVFKH$XVUVWXQJIHKOWH 2E HFKW RGHU $WWUDSSH GDV ZDU 6LPD HJDO LKU NDP HV QXU DXI GHQ RSWLVFKHQ (LQGUXFN DQ 0DQ KDWWH DXI 0DUGL*UDV HLQH JURH 6FKHX YRU GHQ &DQWDUR PHKU $QJVW DOV (KUIXUFKW REZRKO VLH HLJHQWOLFK DOV +HLOVEULQJHU KlWWHQ JHOWHQ VROOHQ 'HQQ VLH ZDUHQ HV JHZHVHQ GLH PLW LKUHU +L7HFK DXV GLHVHP WURVWORVHQ NDKOHQ XQG DWPRVSKlUHORVHQ 3ODQHWHQ ZLHGHU HLQH EOKHQGH :HOW JHPDFKW KDWWHQ 'DQN GHP FDQWDULVFKHQ *HQHVLV3URMHNW EHVD 0DUGL*UDV ZLHGHU HLQH VROFK UHLFKH )DXQDXQG)ORUDZLHYRUGHU.DWDVWURSKH 6HOEVW GLH 'LUWRV EHY|ONHUWHQ ZLHGHU GLHVH HLQVW WRWH :HOW XQG ZDUHQ GHQ 0HQVFKHQQW]OLFKH+HOIHUXPQLFKW]XVDJHQ6NODYHQ 'HUVSULQJHQGH3XQNWZDUHEHQGHU'LH0HQVFKHQNRQQWHQQLFKWYHUJHVVHQGDHV HEHQIDOOV GLH &DQWDUR ZDUHQ GLH HLQVW DOOHV /HEHQ DXI 0DUGL*UDV DXVJHO|VFKW KDWWHQ 2KQH $EVLFKW ]ZDU DEHU GXUFK GLH YHUKHHUHQGHQ )ROJHQ HLQHV JHZDJWHQ ([SHULPHQWV ,KUH:LHGHUJXWPDFKXQJZRJGLH(ULQQHUXQJDQGLHVHVOHLFKWVLQQLJHUFNVLFKWVORVH 9RUJHKHQQLFKWDXI 8QG QXQ ZDU 6LPD DXI HWZDV JHVWRHQ GDV DOOHV LQ HLQHP DQGHUHQ QRFK YLHO GVWHUHUHQ/LFKWHUVFKHLQHQOLH 6LH KDWWH GHQ VFKZHUHQ 9HUGDFKW GD GDV JHVDPWH *HQHVLV3URJUDPP QXU HLQ %OXII ZDU 1XQ ZDU VLH XQWHUZHJV XP %HZHLVH IU GLH HUKDOWHQHQ ,QGL]LHQ QlPOLFKGDIU]XEHVFKDIIHQGDHVJDUNHLQEOKHQGHV0DUGL*UDVJDE$OOHVQXU 7lXVFKXQJ 6LPD KDWWH %DQGD 0DHOPDN LQ LKU *HKHLPQLV HLQJHZHLKW XQG LKQ ]XU 0LWDUEHLW JHZRQQHQ$EHUGDVEHUHXWHVLHOlQJVWZLHGHUGHQQ%DQGDQDKPGDV8QWHUQHKPHQ ]X ZHQLJ HUQVW (U OLHEWH VLH XQG GDV ZDU GHU HLQ]LJH *UXQG ZDUXP HU DXI VLH
HLQJHJDQJHQZDU (U OLH DXFK NHLQHQ =ZHLIHO GDUDQ GD HU VLH IU HLQH 6SLQQHULQ KLHOW GLH VLFK LQ HLQH IL[H ,GHH YHUUDQQW KDWWH (U ZROOWH JDQ] HLQIDFK QLFKW ZDKUKDEHQ GD GDV ³EOKHQGH 0DUGL*UDV EOR DXV HLQHU )OlFKH YRQ UXQG 4XDGUDWNLORPHWHUQ EHVWDQG GLH YRQ HLQHU (QHUJLHNXSSHO XPVFKORVVHQ ZDU XQG GD HV DXHUKDOE GHU 6WDGW+DGHVNHLQ/HEHQJDE (V H[LVWLHUWH QXU GLH 6WDGW +DGHV GLHVH NOHLQH ,QVHO GHV /HEHQV DXI HLQHP DWPRVSKlUHORVHQ WRWHQ 3ODQHWHQ 8QG GLH 'LUWRV GLHVH SRVVLHUOLFKHQ XQG QW]OLFKHQ+DOELQWHOOLJHQ]HQPLWLKUHQ0LPLNU\*HVLFKWHUQDXFKQXUHLQH/JH" 6LPDZUGHHVPLW%DQGDV+LOIHDXIGHFNHQ %DQGDV $XIWUDJ ZDU HV VLFK YRQ GHU 6WDGWJUHQ]H VR ZHLW ZLH P|JOLFK LQ GLH YHUERWHQH 'VFKXQJHO]RQH YRU]XZDJHQ GLH GLH 6WDGW XPJDE :HQQ 6LPD UHFKW KDWWH GDQQ ZUGH HU GLH *UHQ]H EDOG HUUHLFKW KDEHQ XQG YRU HLQHU HQHUJHWLVFKHQ 6FKXW]NXSSHOVWHKHQ'DQQZUGHHULKUZRKOJODXEHQPVVHQ 8QGGDQDFK" 6LPD PDFKWH VLFK GDUEHU QRFK NHLQH *HGDQNHQ ZLH HV ZHLWHUJHKHQ VROOWH 6LH ZROOWH HUVW HLQPDO LQV 5DXPKDIHQ]HQWUXP JHODQJHQ XQG GHQ 6\QWURQYHUEXQG DQ]DSIHQ'LH9HUNOHLGXQJDOV&DQWDURVROOWHLKUGHQ:HJHEQHQ 6LPD ZDU LP 5DXPKDIHQ]HQWUXP EHVFKlIWLJW XQG GDUXP PLW GHQ |UWOLFKNHLWHQ EHVWHQV YHUWUDXW 6LH NDQQWH HLQLJH 6FKOHLFKZHJH XQG 7ULFNV ZLH GDV 6LFKHUKHLWVV\VWHP ]X EHUOLVWHQ ZDU $OV VLH %DQGD GHU DXFK LQ GHU 9HUZDOWXQJ 'LHQVWWDWQlKHUNHQQHQJHOHUQWKDWWHGDKDWWHQVLHVLHKJHOHJHQWOLFK$UEHLWVSDXVHQ YHUVFKDIIWXPVLFKLQVWLOOHQ:LQNHOQ]XWUHIIHQXQG]XVFKPXVHQ -HW]W ZROOWH VLH GLHVH 0HWKRGH VLFK GHU .RQWUROOH GHU 5RERWHU ]X HQW]LHKHQ IU HLQHQW]OLFKHUH7lWLJNHLWHLQVHW]HQ 6LPD VSLHOWH LQ GHU VWDWLVWLVFKHQ 6HNWLRQ GHU (LQZDQGHUXQJVEHK|UGH QXU HLQH XQEHGHXWHQGH5ROOH6LHEWHHLQH.RQWUROOIXQNWLRQDXVGLHYRQGHU5RERWLNDXFK RKQH VLH KlWWH DEJHZLFNHOW ZHUGHQ N|QQHQ (V JDE LQ GHU +DXSWVWDGW YRQ 0DUGL *UDVIU0HQVFKHQHLJHQWOLFKEHUKDXSWQLFKWV]XWXQGLH5RERWHUQDKPHQLKQHQ GLH )HLQDUEHLW DE XQG GLH 'LUWRV GLH 6FKZHUDUEHLW LQ GHQ 7URSHQZlOGHUQ XQG DXI GHQ )DUPHQ 'LH 0HQVFKHQ ZlUHQ ]XP 1LFKWVWXQ YHUXUWHLOW JHZHVHQ ZHQQ HV QLFKW GDV %HVFKlIWLJXQJVSURJUDPPJHJHEHQKlWWH :HUZROOWHNRQQWH VLFKQW]OLFK PDFKHQ 6LPD KDWWH GHQ -RE LP VWDWLVWLVFKHQ $PW DQJHQRPPHQ XQG ]lKOWH DOVR GLH (LQZDQGHUHU /DXW 6WDWLVWLN NDPHQ WlJOLFK UXQG *DODNWLNHU DOOHV 0HQVFKHQ GHU YHUVFKLHGHQVWHQ $EVWDPPXQJ QDFK 0DUGL*UDV 8QGGDV ZDU GLH HUVWH /JH GLH 6LPD DXIJHGHFNW KDWWH 6LH KDWWH GLH =DKOHQ PDO DXV 1HXJLHUGH EHUSUIW XQG IHVWJHVWHOOWGDVLHPDQLSXOLHUWZHUGHQ 7DWVlFKOLFKJDEHVLQHLQHP0RQDWQLFKWVRYLHOH1HX]XJlQJHZLHGLH6WDWLVWLNIU HLQHQ7DJQDQQWH $EHUZDVEHI|UGHUWHQGLHJURHQ7UDQVSRUWHUGLHWlJOLFKLP]HQWUDOHQ5DXPKDIHQ ODQGHWHQ ZHQQ QLFKW 0HQVFKHQ" :DV VWHFNWH KLQWHU GHQ 0HOGXQJHQ GLH EHVDJWHQ GD7DJIU7DJZHLWH)OlFKHQGHV'VFKXQJHOVYRQGHQ'LUWRVJHURGHWZXUGHQXQG DQGHUHXUEDQLVLHUWH*HELHWHDQ6LHGOHUIUHLJHJHEHQZXUGHQ":DVVROOWHPDQYRQGHQ LQ GHQ 1DFKULFKWHQ JH]HLJWHQ 'RNXPHQWDWLRQHQ EHU GDV KDUWH )DUPHUOHEHQ GHU 3LRQLHUHKDOWHQZHQQHVVROFKHJDUQLFKWJDE
-H OlQJHU VLFK 6LPD PLW GLHVHP 7KHPD EHVFKlIWLJWH MH PHKU )UDJHQ VLH DXIZDUI GHVWRGHXWOLFKHUZXUGHGDDOOHVQXUHLQJURDQJHOHJWHU6FKZLQGHOZDU (V ZDUHQ QLFKW QXU VlPWOLFKH 8QWHUODJHQ JHIlOVFKW VRQGHUQ DXFK GLH %LOGGRNXPHQWH $OOGLH%LOGHUYRQGHQODQGHQGHQ5DXPVFKLIIHQGHUHQ.XJHOElXFKHQ7DXVHQGHYRQ MXEHOQGHQ0HQVFKHQ HQWVWU|PWHQ GLH DXI 0DUGL*UDV HLQH QHXH +HLPDW ]X ILQGHQ KRIIWHQJHIlOVFKWH'RNXPHQWH(EHQVRGLHHUJUHLIHQGHQ6]HQHQZHQQ&DQWDURGLH IHLHUOLFKHQ /DQG]XZHLVXQJHQ DQ GLH QHXHQ 6LHGOHU YRUQDKPHQ XQG ZHQQ GLH IULVFKJHEDFNHQHQ)DUPHULP6FKZHLHLKUHV$QJHVLFKWV]XVDPPHQPLWLKUHQ'LUWR 6NODYHQGDV/DQGEHVWHOOWHQ=XVDPPHQVFKQLWWHLUJHQGZHOFKHUJHVWHOOWHU6]HQHQ (VJDEQXUZHQLJHUHDOH=DKOHQGLHXQHUVFKWWHUOLFKZDUHQ 'LH NQDSS WDXVHQG 1HX]XJlQJH LP 0RQDW ZXUGHQ DOOHVDPW LQ GHU 6WDGW +DGHV XQWHUJHEUDFKW 'LHVH WDXVHQG 6LHGOHU HUVHW]WHQ MHQH $EJlQJH GLH DQJHEOLFK LQ GLH :LOGQLV]RJHQXQGGRUW/DQGXQG'LUWR6NODYHQEHUQDKPHQ 'RFK GLHVH GHP 'VFKXQJHO HQWULVVHQHQ XQG YRQ 5RERWHUQ XQG 'LUWRV XUEDU JHPDFKWHQ /DQGVWULFKH ZDUHQ HEHQIDOOV QXU ILNWLY H[LVWLHUWHQ EOR LQ IULVLHUWHQ 6WDWLVWLNHQ 'DVDOOHVKDWWH6LPDKHUDXVJHIXQGHQMHW]WZROOWHVLHHUIDKUHQZLHGLHVHUJHZDOWLJH 6FKZLQGHO JHPDFKW ZXUGH ² XQG YRQ ZHP :DUXP ZXUGH GHQ %HZRKQHUQ YRQ +DGHVYRUJHJDXNHOWGDVLHLQPLWWHQHLQHUEOKHQGHQ:HOWZRKQWHQ" 6LPD $QFRXU ZDU YRU -DKUHQ LQ +DGHV JHERUHQ ZRUGHQ XQG QRFK QLH ZDU LKU GHU 9HUGDFKW JHNRPPHQ GD VLH TXDVL XQWHU HLQHU HQHUJHWLVFKHQ .lVHJORFNH ZRKQWH 6LH KDWWH QLFKWV GDEHL JHIXQGHQ GD VLH GLH +DXSWVWDGW VRODQJH QLFKW YHUODVVHQGXUIWHELVVLHGUDQZDU/DQG]XP%HEDXHQ]XEHNRPPHQ ³6LPD UXIW %DQGD PHOGHWH VLH VLFK EHU 6SUHFKIXQN ³,FK KDEH GDV 5DXPKDIHQDUHDOHUUHLFKW ³6FK|QIUGLFKDQWZRUWHWH%DQGD0DHOPDN³,FKKDEHVFKRQZLHGHUHLQHQ'LUWR JHVLFKWHW,FKQHKPHGLH9HUIROJXQJDXI ³3DDXIGLH(QHUJLHVFKUDQNHDXIZDUQWH6LPD ³3DK'DLVWQXU'VFKXQJHO,FKN|QQWHQRFK7DXVHQGHYRQ0HLOHQJHKHQRKQHDQ HLQH*UHQ]H]XVWRHQ ³:LUEOHLEHQLQ9HUELQGXQJEHHQGHWH6LPDGDV*HVSUlFK 6LH NRQQWH QLFKW JODXEHQ GD VLH VLFK EOR JHWlXVFKW KDWWH 'DV ZDV UHDO VFKLHQ ZDU LQ :LUNOLFKNHLW 7lXVFKXQJ (V JDE ]ZDU QRFK HLQLJH 8QJHUHLPWKHLWHQ XQG 8QORJLNLQLKUHU7KHRULHGRFKZDUVLHEHU]HXJWGLHVHKHXWHNOlUHQ]XN|QQHQ 9RU DOOHP GLH 'LUWRV SDWHQ QLFKW LQV 6FKHPD :HQQ HV DXHU +DGHV NHLQH /HEHQV]RQHQ DXI 0DUGL*UDV JDE ZRKHU NDPHQ GDQQ GLH (LQJHERUHQHQ" (V JDE VLH 6LPD KDWWH VHOEVW VFKRQ ZHOFKH YRQ LKQHQ JHVHKHQ XQG VLH EHL HLQHU /HLVWXQJVVFKDX VHOEVW VFKRQ EHUKUW (V ZDUHQ NHLQH 5RERWHU VRQGHUQ :HVHQ DXV )OHLVFKXQG%OXW 6LHZDUHQNOHLQHUDOV0HQVFKHQXQGDPJDQ]HQ.|USHUEUDXQEHKDDUWQXULKUH$UPH XQG GHU 5FNHQ KDWWHQ HLQ GXQNOHUHV IDVW VFKZDU]HV )HOO VR GD HV DXVVDK DOV WUJHQ VLH HLQHQ )UDFN ,KUH *HVLFKWH ZLUNWHQ lIILVFK DEHU GXUFK LKUH EHVRQGHUH 0LPLNU\)lKLJNHLW NRQQWHQ VLH LKQHQ VRJDU PHQVFKOLFKHV $XVVHKHQ JHEHQ 'D VLH VHKUZLGHUVWDQGVIlKLJZDUHQXQGEHULPSRVDQWH.UlIWHYHUIJWHQHLJQHWHQVLHVLFK YRUWUHIIOLFKIUGLH/DQGDUEHLW
(VIUDJWHVLFKQXUXQGDXFKGLHVHQDKHOLHJHQGH)UDJHKDWWHVLFK6LPDIUKHUQLH JHVWHOOW RE 5RERWHU OHW]WOLFK EHVVHU IU GLHVH $UEHLW JHZHVHQ ZlUHQ GHQQ HV JDE *HUFKWHGD'LUWRVWURW]LKUHU5REXVWKHLWVWDUEHQZLHGLH)OLHJHQ 'RFK ZHQQ VLFK 6LPDV 9HUPXWXQJHQ EHVWlWLJWHQ GDQQ JDE HV GLHVHV 3UREOHP JDU QLFKW8QGZLHGHUIUDJWHVLHVLFK:LHSDWGDVDOOHV]XVDPPHQ" 6LHZUGHGDUDXIEDOGHLQH$QWZRUWEHNRPPHQ 6LH EHWUDW GDV 5DXPKDIHQJHElXGH GDV GDV /DQGHIHOGULQJI|UPLJXPVFKORGXUFK HLQHQ XQEHZDFKWHQ 6HLWHQJDQJ XQG GUDQJ DXI 6FKOHLFKZHJHQ ELV ]XP .RQWUROO]HQWUXPYRU %LVKLHUKHUZDUDOOHVHLQ.LQGHUVSLHOJHZHVHQ$EHUXPLQGHQLQQHUHQ%HUHLFKGHV .RQWUROO]HQWUXPV ]X JHODQJHQ GHU QXU GHQ &DQWDUR XQG DXWRULVLHUWHQ 5RERWHUQ ]XJlQJOLFKZDUPXWHPDQHLQH.RQWUROOVFKUDQNHEHUZLQGHQ =XP *OFN KDQGHOWH HV VLFK OHGLJOLFK XP HLQH RSWLVFKH .RQWUROOH VR GD 6LPD KRIIWHLQLKUHU&DQWDUR5VWXQJSDVVLHUHQ]XGUIHQ 6LH KLHOW GHQ $WHP DQ DOV VLH GXUFK GHQ VFKPDOHQ .RUULGRU DXI GLH JUQOLFK IOLPPHUQGH(QHUJLHVFKUDQNH]XVFKULWW=ZHL6FKULWWHGDYRUILHOGDV(QHUJLHIHOGLQ VLFK]XVDPPHQVLHNRQQWHSDVVLHUHQ ³*HVFKDIIWPHOGHWHVLH%DQGD0DHOPDNEHU)XQN³,FKELQLP=HQWUXP 6LHEHNDPQLFKWVRIRUW$QWZRUWXQGZLHGHUKROWHGHQ5XI ³6LPDUXIW%DQGD6LPDUXIW%DQGD ³6R LVW HV UHFKW DQWZRUWHWH %DQGD ³:HQQ GX VFKRQ 6SLHOUHJHOQ DXIVWHOOVW GDQQ HUZDUWHLFKGDDXFKGXGLFKGDUDQKlOWVW ³,FKKDE VJHVFKDIIWZLHGHUKROWH6LPDHUOHLFKWHUW ³,FKDXFKVDJWH%DQGD³,FKKDEHGHQ'LUWRJHVWHOOW$EHUHVLVWJDUNHLQULFKWLJHU 'LUWR(UVLHKWVRXQIHUWLJDXV8QGHUYHUVXFKWPLWPLU]XUHGHQ ³'LUWRVKDEHQNHLQH6SUDFKHNOlUWHVLHLKQDXI ³-DDEHUGLHVHULVWHEHQDQGHUV,FKYHUVXFKHPLWLKP]XUHFK]XNRPPHQXQGPHOGH PLFKZLHGHU 6LPD HQWOHGLJWH VLFK LKUHV .DUQHYDOVNRVWPV XQG VHW]WH VLFK DQ HLQ 7HUPLQDO GHV 6\QWURQYHUEXQGV(VZDUZHQLJH0LQXWHQYRU0LWWHUQDFKW8P1XOO8KUVROOWHHLQ 7UDQVSRUWHU PLW QHXHQ 6LHGOHUQ ODQGHQ 6LPD YHUODQJWH DOV HUVWHV HLQH 7RWDODXIQDKPHGHV5DXPKDIHQV 9RULKUOHXFKWHWHHLQ3URMHNWLRQVNXEXVDXIXQGGDQQNDPGLHJHZQVFKWH$QVLFKW 'HU5DXPKDIHQZDUOHHUELVDXIHLQHWZD0HWHUODQJHV*HIlKUWGDVHLQVDPXQG YHUODVVHQ YRU HLQHP +DQJDU VWDQG .HLQH &DQWDUR VWDQGHQ IU GHQ (PSIDQJ GHU 6LHGOHU EHUHLW QLFKW HLQPDO 5RERWHU ZDUHQ DEJHVWHOOW ZRUGHQ XP GLH ]X HUZDUWHQGHQ6LHGOHU]XHPSIDQJHQ 6LPD WHLOWH GHQ 3URMHNWLRQVNXEXV LQ ]ZHL +lOIWHQ XQG VFKDOWHWH GHQ RIIL]LHOOHQ 1DFKULFKWHQNDQDO ]X 8QG QXQ ZDU ]X VHKHQ ZLH JHVFKlIWLJH 5RERWHU EHU GLH /DQGHEDKQ IOLW]WHQ XQG HLQH .UHLVIOlFKH YRQ HWZD VLHEHQKXQGHUW 0HWHUQ 'XUFKPHVVHUUlXPWHQ$XIHLQHU(KUHQWULEQHZDUHQHWZDHLQ'XW]HQG&DQWDURPLW GHU GRSSHOWHQ $Q]DKO PHQVFKOLFKHU +RQRUDWLRUHQ YRQ +DGHV ]X VHKHQ DOOHV |IIHQWOLFK EHNDQQWH 3HUV|QOLFKNHLWHQ GHQHQ 6LPD QRFK QLH YRQ $QJHVLFKW ]X $QJHVLFKWJHJHQEHUJHVWDQGHQKDWWH0DQNDQQWHVLHQXUDXVGHQ0HGLHQ -HW]W VHQNWH VLFK HLQ JLJDQWLVFKHU .XJHOUDXPHU DXI GLH IUHLH /DQGHIOlFKH KHUDE VDQIW ZLH HLQH )HGHU VHW]WH HU DXI XQVLFKWEDUHQ 3UDOOIHOGHUQ DXI (LQH JURH
6FKOHXVH |IIQHWH VLFK DXV GHU DXI $QWLJUDYIHOGHUQ 0lQQHU )UDXHQ XQG .LQGHU VFKZHEWHQ $XV GHP +LQWHUJUXQG HLOWHQ JXW GUHVVLHUWH 'LUWRV KHUDQ GLHQHUWHQ HLOIHUWLJ KREHQ GLH 1HXDQN|PPOLQJH DXI LKUH 6FKXOWHUQ XQG WUXJHQ VLH LP /DXIVFKULWW ]XU (KUHQWULEQH ZR 5RERWHU LKQHQ *UQGRQQHUVWDJ0DVNHQ DXVKlQGLJWHQ 8QG JHZL EHMXEHOWHQ GLH )DVFKLQJVQDUUHQ GLH GLHVH %LOGHU EHUVSLHOWEHNDPHQLQGHQ6WUDHQYRQ+DGHVGLH$QNXQIWGHU QHXHQ%UJHUYRQ 0DUGL*UDV (LQH IU 0DUGL*UDV DOOWlJOLFKH 6]HQH 'RFK ZlKUHQG GLH HLQH +lOIWH GHV +RORZUIHOV GLHVHV HUJUHLIHQGH 6FKDXVSLHO YRP IHLHUOLFKHQ (PSIDQJ GHU QHXHQ 6LHGOHU]HLJWHEOLHEGLHDQGHUH+lOIWHGLHHLQ5HDOELOGOLHIHUWHOHHU 1RFK LPPHU VWDQG QXU GDV NOHLQH *HIlKUW DXI GHU ULHVLJHQ /DQGHIOlFKH GHV 5DXPKDIHQV YRQ +DGHV 6LPD $QFRXU KDWWH GDPLW GHQ %HZHLV IU LKUHQ VFKUHFNOLFKHQ 9HUGDFKW $EHU HV JLQJ MD XP QRFK PHKU XQG GDUXP IRUGHUWH VLH YRP6\QWURQHLQH/XIWDXIQDKPHYRQ+DGHVLQGHU7RWDOHQDQ 'DV%LOGNDPDXJHQEOLFNOLFK $XVHLQHU+|KHYRQPHKUHUHQ.LORPHWHUQZDUHLQHNUHLVUXQGH)OlFKH]XVHKHQGLH YRQ HLQHU KDOEWUDQVSDUHQWHQ .XSSHO EHUGDFKW ZDU 5LQJV XP GLHVHQ .UHLV JDEHV QXUVFKZDU]HVWRWHV*HVWHLQ 6LH IRUGHUWH HLQH ]ZHLWH $XIQDKPH DQ DXV GHU %RGHQSHUVSHNWLYH XQG DXV HLQHU (QWIHUQXQJ YRQ .LORPHWHUQ 'DV +RORUDPD ]HLJWH GDUDXIKLQ HLQH (EHQH DXV GXQNOHPJODVLHUWHP*HVWHLQXQGDP+RUL]RQWHLQHVFKZDFKOHXFKWHQGH.XSSHOYRU GHPVWHUQHQEHUVlWHQDWPRVSKlUHORVHQ+LPPHOLQ6FKZDU] 'DV ZDU GHU %HZHLV IU GHQ 9HUGDFKW GD HV DXI 0DUGL*UDV QXU GLHVH /HEHQVNXSSHO PLW +DGHV JDE 2EZRKO 6LPD $QFRXU GLHVH VFKUHFNOLFKH :DKUKHLW JHDKQWKDWWHZDUVLHQXQZLHYRUGHQ.RSIJHVFKODJHQ ³%DQGD UXIW 6LPD %DQGDV 6WLPPH NODQJ JHKHW]W DXV GHP 6SUHFKIXQNJHUlW ³'HU 'LUWRKDWPLFKLQHLQH)DOOHJHORFNW6LHKDEHQPLFKJHVFKQDSSW%ULQJHGXGLFKLQ 6LFKHUKHLW 'LH9HUELQGXQJEUDFKDE ,PVHOEHQ$XJHQEOLFNHUORVFKDXFKGLH+lOIWHGHV+RORZUIHOVPLWGHP5HDOELOG VRGDQXUQRFKGLH,OOXVLRQVVFKDXYRP(PSIDQJGHUQHXHQ6LHGOHU]XVHKHQZDU ³8QEHIXJWHU =XJULII DXI GLH 'DWHQEDQN PHOGHWH GHU 6\QWURQ ³(UELWWH 7DJHVNRGH VRQVW$EEUXFK 6LPD $QFRXQ VSUDQJ DXI XQG OLHI DXV GHU =HQWUDOH $EHU DQVWDWW DXV GHP 5DXPKDIHQNRPSOH[ ]X IOLHKHQ WUDW VLH GLH )OXFKW QDFK YRUQ DQ ,KU =LHO ZDU GDV HLQVDPH.OHLQUDXPVFKLIIEHLGHP+DQJDU (VHUVFKLHQLKUDOVGLHHLQ]LJH5HWWXQJ 6LPD$QFRXUNDPHVLQNHLQHU:HLVHYHUGlFKWLJYRUGDVLHRKQH6FKZLHULJNHLWHQ GLH/DQGHIOlFKHPLWGHPYHUODVVHQHQ5DXPVFKLIIHUUHLFKWH )UVLHVWHOOWHHVVLFKVRGDUGDGLHJHVDPWH/HEHQVNXSSHOURERWLVFKJHVWHXHUWXQG YRQ K|FKVWHQV HLQHP RGHU ]ZHL &DQWDUR EHIHKOLJW ZXUGH 6LH PXWHQ VLFK LKUHU 6DFKHRIIHQEDUVRVLFKHUVHLQGDVLHHLQHQ)DOOZLHGLHVHQGHQ6LPDJHVFKDIIHQ KDWWHJDUQLFKWLQLKUH6LFKHUKHLWVPDQDKPHQHLQEH]RJHQ $QGHUV ZDU HV QLFKW GHQNEDU GD VLH VR OHLFKW LKU =LHO HUUHLFKHQ XQG GXUFK GLH RIIHQH6FKOHXVHDQ%RUGGHV5DXPVFKLIIVJHODQJHQNRQQWH ³:LOONRPPHQDQ%RUGEHJUWHVLHGHU6\QWURQZlKUHQGVLFKGDV6FKRWWKLQWHU
LKUDXWRPDWLVFKVFKOR³=XZHOFKHP=LHOGDUILFKGLFKEULQJHQ" 6LPDZDUEHUUDVFKW ³+DVW GX $XIWUDJ PLFK ]X EHI|UGHUQ" IUDJWH VLH PLWUDXLVFK XQG VWHOOWH VLFK GDUDXIHLQDXJHQEOLFNOLFKZLHGHUYRQ%RUG]XJHKHQ ³'LH (/<6,$1 VWHKW DXI $EUXI EHUHLW DQWZRUWHWH GHU %RUGV\QWURQ ³.DQQ LFK GLFKLUJHQGZRKLQEULQJHQ" ³-D LFK P|FKWH ]XP |VWOLFKHQ 6WDGWUDQG LQ GLH 7DEX]RQH GLH DQ GHQ )DPLOLHQEH]LUNJUHQ]WVDJWHVLH ³,FKVWDUWHVDJWHGHU6\QWURQRKQH8PVFKZHLIH³:LUVLQGXQWHUZHJV1DFKHLQHU NXU]HQ3DXVHIJWHHUKLQ]X³'DUILFKGLFKGDUDXIDXIPHUNVDPPDFKHQGDGXGLU HLQ JHIlKUOLFKHV =LHO DXVJHVXFKW KDVW" :HU LQ GLH 7DEX]RQH JHKW IU GHQ JLEW HV NHLQ=XUFN ³,FK NHQQH GLHVHV *HUFKW DEHU LFK JODXEH QLFKW GDUDQ VDJWH 6LPD XQJHGXOGLJ GHUHQ 6RUJH XP %DQGD 0DHOPDN LPPHU QRFK JU|HU ZDU DOV LKU 0LWUDXHQ ³,FK WUHIIHPLFKGRUWPLWHLQHP)UHXQG ³'DQQ ZHL LFK %HVFKHLG VDJWH GHU %RUGV\QWURQ ³'HLQ )UHXQG KHLW %DQGD 0DHOPDNXQGGXPXWGHPQDFK6LPD$QFRXUVHLQ -HW]WZXUGH6LPDKHOOK|ULJHLQHHLVLJH+DQGJULIIQDFKLKUHU.HKOHXQGVFKQUWHVLH ]X ³:LH VROO LFK GDV YHUVWHKHQ" IUDJWH VLH PLW NUlFK]HQGHU 6WLPPH ³:HU KDW GLFK LQIRUPLHUW" ³'DUEHUEUDXFKHLFKNHLQH$XVNXQIW]XJHEHQDQWZRUWHWHGHU6\QWURQ ³'DQQ EHUOHJH LFK HV PLU DQGHUV VDJWH 6LPD GLH VLFK ZLHGHU HLQLJHUPDHQ JHIDWKDWWHLKUZXUGHDXIHLQPDONODUGDVLHGLHJDQ]H=HLWEHREDFKWHWZRUGHQ VHLQPXWH³,FKZLOO]XUFN ³(V LVW OHLGHU QLFKW P|JOLFK GHQ )OXJ ]X XQWHUEUHFKHQ :LU PVVHQ ]XHUVW GDV =LHO HUUHLFKHQ 6LPD HLOWH ]XUFN ]XP (LQJDQJVVFKRWW LQ GHU +RIIQXQJ HV YLHOOHLFKW PDQXHOO |IIQHQ]XN|QQHQ$EHUVLHJHODQJWHJDUQLFKWELVDQV=LHOGHQQGDVLQQHUH6FKRWW YHUVFKORGHQ:HJLQGLH/XIWVFKOHXVH 6LPD OLH VLFK NUDIWORV ]X %RGHQ VLQNHQ 6LH HUNDQQWH GD VLH VHLW VLH GDV 5DXPKDIHQ]HQWUXP EHWUHWHQ KDWWH LQ GHU )DOOH VWHFNWH DXV GHU HV IU VLH QLH HLQ (QWULQQHQJHJHEHQKDWWH'LHVH(UNHQQWQLVUDXEWHLKUDOOH:LGHUVWDQGVNUDIW 6LHVDLPPHUQRFKDXIGHP.RUULGRUERGHQYRUGHU/XIWVFKOHXVHDOVGLHVHDXIJLQJ XQG %DQGD HLQWUDW (U EOLFNWH PLW DXVGUXFNVORVHP *HVLFKW DXI VLH KHUXQWHU 3O|W]OLFK VFKOXFK]WH HU DXI OLH VLFK ]X LKU KHUDEVLQNHQ XQG XPNODPPHUWH VLH PLW EHLGHQ$UPHQ ³%LVW GX QXQ ]XIULHGHQ GD GX ZLHGHU HLQPDO UHFKW EHKDOWHQ KDVW" IUDJWH HU PLW EHOHJWHU 6WLPPH ³9HUGDPPW ZDUXP KDEH LFKDXIGLFKJHK|UW -HW]W LVWHV YRUEHL PLWGHPIORWWHQ/HEHQ ³'DV ZlUH HV IUKHU RGHU VSlWHU VRZLHVR JHZHVHQ VDJWH VLH WRQORV ³:DV LPPHU PLWXQVJHVFKHKHQZLUGHVZDUXQVYRUEHVWLPPW(LQHV7DJHVJHKWGLHVHQ:HJMHGHU %UJHUYRQ0DUGL*UDVLFKPHLQHYRQ+DGHV ³,FK YHUVWHKH HV QRFK LPPHU QLFKW VDJWH %DQGD ³(V LVW DOOHV ZLH HLQ $OSWUDXP XQGYLHOOHLFKWZDFKHQZLULUJHQGZDQQGDUDXVDXIXQGN|QQHQGDUEHUODFKHQ (U UFNWH YRQ LKU DE VDK VLH EDQJH DQ ³'DV ZDV XQV ]X ZLGHUIDKUHQ VFKHLQW NDQQ
GRFKQLFKWZLUNOLFKZDKUVHLQ6LPD 6LHHUZLGHUWHVHLQHQ%OLFN ³,FKIUFKWHGRFK%DQGD (UVFKWWHOWHIDVWWURW]LJGHQ.RSI ³$EHUZHOFKHQ6LQQHUJLEWGDV" ³+RIIHQ ZLU GD ZLU ZHQLJVWHQV GDV HUIDKUHQ VDJWH VLH 6LH HUKRE LKUH 6WLPPH XQGULHI³'DUIVWGXXQVYHUUDWHQZRKLQZLUJHEUDFKWZHUGHQ6\QWURQ" ³1DWUOLFKGLH*HKHLPKDOWXQJVSIOLFKWLVWQXQDXIJHKREHQDQWZRUWHWHGHU6\QWURQ PLW VHLQHU VDQIWHQ 6WLPPH ³,KU NRPPW QDFK *UQ (LQV ZLH DOOH QHXHQ 3UREDQGHQ 6LPDXQG%DQGDVDKHQHLQDQGHUDQXQGMHGHUYRQEHLGHQGDFKWHGDVVHOEHGHQQGHU 1DPH GHV 2UWHV ]X GHP VLH JHEUDFKW ZHUGHQ VROOWHQ ZHFNWH GLH +RIIQXQJ GD DOOHVGRFKQLFKWVRVFKOLPPVHLQZUGHZLHVLH]XHUVWEHIUFKWHWKDWWHQ9LHOOHLFKW VWLPPWH GDV PLW GHU %HJUQXQJ YRQ 0DUGL*UDV LP =XJH HLQHV FDQWDULVFKHQ *HQHVLV3URJUDPPVGRFKZHQQDXFKDXIHWZDVDQGHUH:HLVHDOVGLH3URSDJDQGD EHKDXSWHWH $EHU GLH IROJHQGH (UNOlUXQJ GHV 5RERWV ]HUVW|UWH DXFK LKUH OHW]WHQ GLHVEH]JOLFKHQ+RIIQXQJHQ ³*UQLVWHLQHHWZDVLUUHIKUHQGH$ENU]XQJHUNOlUWHGHU6\QWURQZHLWHU³(VLVW GLH LQWHUNRVPLVFKH 9HUEDOOKRUQXQJ GHV 1DPHQV HLQHV $UD*HQHWLNHUV (U KLHW WDWVlFKOLFK*UX\HQXQGKDWLP$XIWUDJGHU&DQWDURGDV*HQHVLV3URMHNWIU0DUGL *UDVHQWZLFNHOW ³'DQQ LVW HV NHLQH /JH" IUDJWH 6LPD YHUZLUUW ³'DV *HQHVLV3URMHNW H[LVWLHUW ZLUNOLFK" ³6HOEVWYHUVWlQGOLFK HUNOlUWH GHU 6\QWURQ ³0DQ EUDXFKW GRFK 'LUWRV IU GHQ %HUJEDX 'DV LVW LPPHU QRFK GLH UDWLRQHOOVWH 0HWKRGH IU GLH 6FKZHUHOHPHQWJHZLQQXQJLP7DJEDX ³(VJHKWDOVRXPGLH'LUWRVVDJWH6LPDQDFKGHQNOLFK³$EHUZDVKDEHQZLUGDPLW ]XWXQ":DUXPGDV7lXVFKXQJVPDQ|YHUYRQGHU8PZDQGOXQJYRQ0DUGL*UDVLQ HLQHEOKHQGH:HOWXQGGHUDQJHEOLFKHQ%HVLHGOXQJ ³*DQ] HLQIDFK PDQ EUDXFKW )UHLZLOOLJH IU 0DUGL*UDV DQWZRUWHWH GHU 6\QWURQ ³'LH *HEXUWHQUDWH YRQ +DGHV LVW YLHO ]X QLHGULJ 6LFKHU N|QQWH PDQ DXFK GDV .ORQHQ DQZHQGHQ DEHU LUJHQG MHPDQG KDW VLFK IU GDV *HQHVLV3URMHNW HQWVFKORVVHQ ³,FKYHUVWHKHLPPHUZHQLJHUJHVWDQG6LPD,P$XJHQEOLFNEHUZRJZLHGHULKUH 1HXJLHUGH LKU HLJHQHV 8QJHZLVVHV 6FKLFNVDO KDWWH VLH WRWDO YHUGUlQJW %DQGD GDJHJHQ ZDU YLHO ]X OHWKDUJLVFK XP VLFK EHUKDXSW IU LUJHQG HWZDV ]X LQWHUHVVLHUHQ ³,FK KlWWH JHUQH +LQWHUJUXQGLQIRUPDWLRQHQ %LVW GX HUPlFKWLJW PLU VROFKH]XJHEHQ" ³*HZL QXQ GD GLH $NWLRQ DEJHVFKORVVHQ LVW XQG LKU RKQHKLQ EDOG DOOHV ZLHGHU YHUJHVVHQ ZHUGHW VDJWH GHU 6\QWURQ VDFKOLFK XQG JDE LP VHOEHQ 7RQIDOO GLH IROJHQGHQDOOJHPHLQYHUVWlQGOLFKHQ(UNOlUXQJHQ]XU*HVFKLFKWHYRQ0DUGL*UDVDE ³(VSDVVLHUWHLP-DKUYLHUKXQGHUWQHXQ]LJDOVRYRUEDOGYLHUKXQGHUW-DKUHQGDGLH &DQWDUR 0DUGL*UDV PLW HLQHP HLQ]LJHQ 6FKODJ YHUQLFKWHWHQ 'LHVH VFKUHFNOLFKH :DIIHGLHPDQGHQ%OLW]JHQDQQWKDWLVWKHXWHQLFKWPHKULP(LQVDW]GLHVLVWHLQH KXPDQHUH =HLW 'XUFK GLHVHQ %OLW]VFKODJ ZXUGH DOOHV /HEHQ DXI 0DUGL*UDV ]HUVW|UW XQG GLH JHVDPWH 2EHUIOlFKH LQ NRFKHQGHV 0DJPD YHUZDQGHOW 'XUFK GLH
GDEHL VWDWWILQGHQGHQ FKHPLVFKHQ 3UR]HVVH KDEHQ VLFK QHXH (OHPHQWH JHELOGHW YRUKDQGHQH 5RKVWRIIH VLQG DXV 3ODQHWHQWLHIHQ DQ GLH 2EHUIOlFKH JHWUHWHQ -DKUKXQGHUWH VSlWHU ZXUGH GHU %HVFKOX JHIDW GLHVH %RGHQVFKlW]H DXI P|JOLFKVW |NRQRPLVFKH:HLVHDE]XEDXHQ'DEHLYHUILHOPDQDXIGLHYRQ*UX\HQHQWZLFNHOWH *HQHVLV0HWKRGH GLH GDUDXI EDVLHUW /HEHZHVHQ DQ GLH %HGLQJXQJHQ GHU MHZHLOLJHQ 8PJHEXQJ DQ]XSDVVHQ 'LH $UDV VLQG VHKU JHOHKULJH 6FKOHU GHU &DQWDUR:LUVLQGDP=LHODQJHODQJW,KUPWMHW]WYRQ%RUGJHKHQ 6LPDKl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|KOHPLW+XQGHUWHQYRQ=HOOHQ8QGLQ MHGHU =HOOH ZDU HLQ 'LUWR XQWHUJHEUDFKW :lKUHQG VLH DQ GHQ JHIDQJHQHQ (LQJHERUHQHQYRQ0DUGL*UDVYRUEHLJLQJHQlIIWHQHLQLJHLKUH*HVLFKWHUQDFK$OV VLFK 6LPD ]XP HUVWHQPDO LP *HVLFKW HLQHV 'LUWRV ZLHGHUHUNDQQWH ]XFNWH VLH HUVFKURFNHQ]XVDPPHQ$EHUGDQQJHZ|KQWHVLHVLFKGDUDQ 6LH NDPHQ LQV QlFKVWH *HZ|OEH LQ GHP HEHQIDOOV 'LUWRV KLQWHU *LWWHU]HOOHQ JHIDQJHQJHKDOWHQ ZXUGHQ $EHU GLHVH XQWHUVFKLHGHQ VLFK YRQ GHQ DQGHUHQ GXUFK HLQHQVSlUOLFKHUHQ+DDUZXFKV²XQGVLHKDWWHQNHLQH0LPLNU\)lKLJNHLWHQ 'LH 'LUWRV LP QlFKVWHQ *HZ|OEH ZDUHQ EHUKDXSW NDXP EHKDDUW ZDUHQ YRQ JU|HUHP :XFKV XQG KDWWHQ HLQH DXIUHFKWHUH +DOWXQJ ² XQG PDFKWHQ LQVJHVDPW HLQHQPHQVFKOLFKHUHQ(LQGUXFN ³(LQHP VROFKHQ ELQ LFK DP 6WDGWUDQGEHJHJQHW VDJWH%DQGD ³9HUVWHKVW GX MHW]W ZDVLFKPLWKDOEIHUWLJJHPHLQWKDEH" (VZDUGDVOHW]WHZDVHUVDJWHEHYRUHUGHQ9HUVWDQGYHUORU 'HQQ LP YRUOHW]WHQ *HZ|OEH GDV GHP YRUJHODJHUW ZDU ZR IUHLH =HOOHQ IU VLH EHLGHEHUHLWVWDQGHQVDKHQVLHPHQVFKOLFKH&KLPlUHQGHUHQbKQOLFKNHLWPLW'LUWRV QRFKQLFKWVRDXVJHSUlJWZDUXPVLHDXI$QKLHE]XHUNHQQHQ )5(,7$*'(5 'UDXHQ KHXOWH GHU 6WXUP PLW GHQ )OXJVDXULHP YRQ &XPEDODQ XQG GHP 'RQQHUQ GHU HUXSWLHUHQGHQ 9XONDQH XP GLH :HWWH (V ZDU 0LWWH 6HSWHPEHU XQG VR IUK ZDU GLH 5HJHQ]HLW QRFK QLH EHU GLHVH 5HJLRQ PLW GHP 6WUDIODJHU ,QJXDQ KHUHLQJHEURFKHQ ,Q GHU %DUDFNH ZDU HV ZDUP XQG DOOH GLH NUlIWLJ JHQXJ ZDUHQ XP GLH 3ULWVFKH YHUODVVHQ ]X N|QQHQ GUlQJWHQ VLFK XP GHQ NQLVWHUQGHQ XQG SIHLIHQGHQ )XQNHPSIlQJHU .HLQHU ZDJWH ]X DWPHQ XP GHQ 0RPHQW QLFKW ]X YHUVlXPHQ ZHQQGLH6WLPPHGHV$QVDJHUVLKU6WUDIODJHUDXIULHI $OV 6KDQGD .UHQGDOO ZLHGHU HLQHQ +XVWHQDQIDOO EHNDP ZDU /LQR 9DUP LKU DOOHU VLJDQHVLVFKHV *OFNVPDVNRWWFKHQ PLW GUHL 6lW]HQ EHL LKP XQG VWOSWH LKP GLH
6DXHUVWRIIPDVNHEHU*HVLFKWXQG1DVH'DVPlLJWH]XPLQGHVWGHQ+XVWHQUHL]GHV JUHLVHQ(UWUXVHUVXQGGlPSIWHGDV*HUlXVFKVHLQHVUDVVHOQGHQ$WHPV6KDQGDZDU PLW VHLQHQ -DKUHQ VR DOW GD HU XQZLGHUVSURFKHQ YRQ VLFK EHKDXSWHQ NRQQWH GHUlOWHVWH(UWUXVHUGHU*DOD[LV]XVHLQ 6KDQGD.UHQGDOOEHKDXSWHWH6DPVRQ
VLFKVHOEVWGHUQlFKVWH6DPVRQIXKUIRUW³'XELVWQLFKWXP]XEULQJHQ'XEHUOHEVW XQVDOOHQRFK ³
EHU:DVVHUJHKDOWHQ ³6LH KDEHQ PLFK IU GHQ WRWHQ 6KDQGD DXVJHVXFKW HUNOlUWH 5XVFDQ XQG 6DPVRQ HUZLGHUWHGDPDQHLQHVFKOHFKWHUH:DKOQLFKWKlWWHWUHIIHQN|QQHQ (UVWDXQWHQLFKWVFKOHFKWDOVHUGDQQLQHLQHPGHU%URVVHLQHPDOWHQ$XVELOGHUXQG VSlWHUHQ (LQVDW]OHLWHU *UH\QLQJHQ JHJHQEHUVWDQG *UH\QLQJHQ ZDU HLQHU GHU DJJUHVVLYVWHQ +\JXSKRWHQ GLH 6DPVRQ NDQQWH (U ZDU DEVROXW V\VWHPWUHX ,KP YHUGDQNWHHV6DPVRQGDHUQDFK&XPEDODQYHUEDQQWZRUGHQZDU ³9HUJHVVHQ"PHLQWH*UH\QLQJHQPLWJHPHLQHP*ULQVHQXQGERWLKPGLH3UDQNH]XU 9HUV|KQXQJ6DPVRQLJQRULHUWHVLH (U NRQQWH GLH *HPHLQKHLWHQ GHV +\JXSKRWHQ QLFKW HLQIDFK ZHJVWHFNHQ 6DPVRQ KDWWH LPPHU JHPHLQW HLQ JXWHU 6ROGDW ]X VHLQ HLQ ]HKQ 6DWHOOLWHQ0XOWL GHU VHLQH JHLVWLJHQ)lKLJNHLWHQJHVFKLFNWPLWVHLQHQWHFKQLVFKHQ0|JOLFKNHLWHQHLQVHW]WHXQG VLH UFNVLFKWVORV JHJHQ DOOH )HLQGH GHV 6\VWHPV JHEUDXFKWH (LQH 5HLKH YRQ %HORELJXQJHQXQG$XV]HLFKQXQJHQZDUHQGLH%HVWlWLJXQJGDIU 6DPVRQKDWWHVLFKVFKRQLQMXQJHQ-DKUHQLQHLQHQ&\ERUJXPZDQGHOQODVVHQXQG ZDU VFKOLHOLFK GD]X HUZlKOW ZRUGHQ LQ GLH (OLWHWUXSSH GHU 0XOWL&\ERUJV DXIJHQRPPHQ ]X ZHUGHQ 0DQ EDXWH LKP HLQH 5HLKH YRQ =XVDW]PRGXOHQ HLQ YHUSDWHLKP HLQ ([RVNHOHWW GDV VHLQH %HODVWEDUNHLWYHU]HKQIDFKWH XQGSDFNWHLQ GDV6WW]VNHOHWW]HKQPLQLDWXULVLHUWH.DPSIURERWHUHLQ6DPVRQNRQQWHGLHVHPRELOHQ .DPSIPRGXOHVHLQH6DWHOOLWHQPLW*HGDQNHQEHIHKOHQEHOLHELJVWHXHUQGXUFKGHUHQ 6HQVRUHQVHKHQLKU:DIIHQSRWHQWLDODXIMHGHV=LHOOHQNHQXQGGDJHJHQ]XP(LQVDW] EULQJHQ 0XF\VZLH0XOWL&\ERUJVNXU]JHQDQQWZHUGHQN|QQHQ LKUH 6DWHOOLWHQ ELV ]X ]HKQ .LORPHWHULP8PNUHLVDXVVFKLFNHQXQG]XP(LQVDW]EULQJHQ8QGGDUXPZDUHQVLH YRQ GHQ *HJQHUQ EHVRQGHUV JHIUFKWHW 6DPVRQ ZDU HLQHU DXV GLHVHU (OLWHWUXSSH JHZHVHQ (UKDWWHXQ]lKOLJHOHEHQVJHIlKUOLFKH(LQVlW]HJHPHLVWHUWRKQHVLFKHLQHQ)HKOHURGHU GLH JHULQJVWH 8QNRUUHNWKHLW ]X OHLVWHQ 8QG GDQQ KDWWH HU PDO PLW HLQHP :LGHUVWDQGVNlPSIHU 0LWOHLG JHKDEW XQG LKQ ODXIHQODVVHQ HLQHQ %OXH YRQ NQDSS ]HKQ-DKUHQXQGDOVGLHVHU.UHWLQ]XP'DQNGDIULKU/DJHUJHVSUHQJWKDWWHZDU GDVDXIVHLQH.DSSHJHJDQJHQ8QG*UH\QLQJHQKDWWHLKQKLQJHKlQJW 'HJUDGLHUXQJ (QW]XJ VHLQHU &\ERUJ0RGXOH GHV ([RVNHOHWWV XQG GHU ]HKQ 6DWHOOLWHQZDUHQGLH)ROJH8QGGDQQGLH9HUEDQQXQJQDFK&XPEDODQ *UH\QLQJHQHLQ5LHVHYRQIDVW0HWHUVWHFNWH6DPVRQV$EOHKQXQJZHJRKQH VHLQ*ULQVHQ]XYHUOLHUHQ ³)UHXW PLFK GD GX EHUOHEW KDVW 6DPVRQ XQG LQ GHQ *HQX YRQ 'HLJKWRQV $PQHVWLH NRPPVW VDJWH HU ³:LU EHJLQQHQ HLQ QHXHV -DKUWDXVHQG XQG EUDXFKHQ .lPSIHU ZLH GLFK (V JLEW LPPHU QRFK )HLQGH GHV 6\VWHPV 6LH PVVHQ HQGOLFK DXVJHURWWHW ZHUGHQ ,FK KRIIH HV PDFKW GLU QLFKWV DXV GD LFK HLQ JXWHV :RUW IU GLFKHLQJHOHJWKDEH ³:HQQLFKGLUZLHGHUEHJHJQHZHUGHLFKGLFKGHQQRFKW|WHQVDJWH6DPVRQ *UH\QLQJHQV*ULQVHQYHUWLHIWHVLFK ³,FKKDEHQRFKZDVIUGLFKVDJWHHUXQGVFKQLSSWHPLWGHQ)LQJHUQ(LQ5RERWHU WDXFKWH LP +LQWHUJUXQG DXI (U VFKRE HLQHQ ZUIHOI|UPLJHQ &RQWDLQHU PLW HLQHP 0HWHU .DQWHQOlQJH GHU GXUFK GLH $QWL6FKZHUNUDIWIHOGHU HLQHV *UDYR3DNV LQ GHU 6FKZHEHJHKDOWHQZXUGHYRUVLFKKHUXQG6DPVRQ]X
³'HLQH NRPSOHWWH 0XOWL&\ERUJ$XVUVWXQJ HUNOlUWH GHU +\JXSKRW ³1LFKWV IHKOW DOOH7HLOHVLQGLQWDNW-HGHU]HLWHLQVDW]EHUHLW ³,FK YHUODVVH &XPEDODQ DOV 3ULYDWPDQQ HUNOlUWH 6DPVRQ ³,FK EHJLQQH HLQ QHXHV /HEHQ,FKEHUQHKPHNHLQH$XIWUlJHPHKU ³'DQQQLPPGHLQH$XVUVWXQJDOV$EVFKLHGVJHVFKHQN VDJWH *UH\QLQJHQ ³+HE GLU GLHJXWHQ6WFNHDXI0DQNDQQQLHZLVVHQ 6DPVRQJODXEWH*UH\QLQJHQQLFKWGDGLH6DFKHNHLQHQ+DNHQKDEHQVROOWH$EHUHU QDKP GHQ &RQWDLQHU HQWJHJHQ (U HQWKLHOW HLQH 0HQJH (ULQQHUXQJHQ DQ GHQHQ 6DPVRQKLQJ $P)UHLWDJGHPODQGHWHGHU7UDQVSRUWHUXP8KUPLWWDJV1RUP]HLWDXIGHP 5DXPKDIHQYRQ'LQRURXV%HJQDGLJWHJLQJHQDQ%RUG,KU=LHOZDUGHU3ODQHW $XWKHPLP6DNDUD6\VWHPGDVZDUHQ1DPHQGLHNHLQHPYRQLKQHQHWZDVVDJWHQ :lKUHQG GHV hEHUOLFKWIOXJV HUIXKUHQ VLH GD HV VLFK GDEHL XP HLQHQ GHU ZRKOKDEHQGVWHQ 3ODQHWHQ GHU 0LOFKVWUDH KDQGHOWH HLQH :HOW GHU XQEHJUHQ]WHQ 0|JOLFKNHLWHQIU(PLJUDQWHQPLW.|SIFKHQ ,KU,QVWUXNWRUGHUNHLQDQGHUHUDOV*UH\QLQJHQZDUHUNOlUWH ³'LH$XWKHPHUKDEHQVLFKEHUHLWHUNOlUWHLQ.RQWLQJHQWYRQ6LHGOHUQDXILKUHU:HOW DXI]XQHKPHQ XQG QDFK HLQHU 3UREH]HLW HLQ]XEUJHUQ $OVR PDFKW XQV NHLQH 6FKDQGH =ZHL QLFKW XQZHVHQWOLFKH 3XQNWH VROOHQ HXFK QLFKW YHUKHLPOLFKW ZHUGHQ (UVWHQV HUNOlUWHQ VLFK GLH $XWKHPHU HUVW XQWHU GHP 'UXFN 7HUUDV ]X GLHVHP =XJHVWlQGQLVEHUHLW=ZHLWHQVKDEHQVLHGDV3ULQ]LSGHU$SDUWKHLGGXUFKJHER[W'DV KHLW LKU ZHUGHW YRUHUVW QXU %UJHU ]ZHLWHU .ODVVH VHLQ 'RFK GDV PX QLFKW VR EOHLEHQ,KUN|QQWXPHXUH5HFKWHNlPSIHQ 6DPVRQ NRQQWH GLHVH 9HUVSUHFKXQJHQ HLQIDFK QLFKW JODXEHQ (V ZDU DOOHV ]X VFK|QXPZDKU]XVHLQ (U PXWH HV VFKOLHOLFK DEHU JODXEHQ DOV VLH DXI $XWKHP JHODQGHW ZDUHQ XQG HU VHLQ 4XDUWLHU LQ HLQHU PLWWOHUHQ (WDJH HLQHV DFKW]LJVW|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
HLQHV JDQ]HQ 7DJHV LQ 1XOO .RPPD QLFKWV ]X HUOHGLJHQ 0LW GLHVHP +RFKOHLVWXQJVVSH]LDOPRGXONRQQWHHUGHQ&RQWDLQHUDOV*DQ]HVGXUFKOHXFKWHQXQG GLH0LHVHQKHUDXVILOWHUQ (U HUUHLFKWH &<%2&21 MHGRFK QLH GHQQ DXI GHP 3DUNJHOlQGH GDYRU VWLH HU ]X HLQHU *UXSSH YRQ YLHUDUPLJHQ %OXHV0XWDQWHQ GLH HLQHQ NOHLQHQ 3ULYDWVFKZHEHU XPVWDQGHQ 6LH JHILHOHQ VLFK GDULQ HLQH MXQJH )UDX GLH VLFK LQ GHU .DQ]HO HLQJHVFKORVVHQKDWWHGXUFK'URKJHElUGHQ]XYHUlQJVWLJHQ 6DPVRQ YHUMDJWH GLH 5DGDXEUGHU XQG ERW GHU )UDX VHLQH +LOIH DQ 6LH ZDU URWKDDULJ JXW JHZDFKVHQ XQG VFK|Q XQG KLH 1HLOD ,KU 6FKZHEHU KDWWH SO|W]OLFK JHVWUHLNW ZRUDXIKLQ GHU 6\QWURQ HLQH 1RWODQGXQJ EHVFKOR XQG VLH GDUDXIKLQ LP 6WLFKOLH ³'HQ )HKOHU ZHUGHQ ZLU JOHLFK KDEHQ VDJWH 6DPVRQ GHQQ PLW VHLQHP 6SH]LDOPRGXO ZDU HV HLQH .OHLQLJNHLW (U IDQG LKQ DXFK LQQHUKDOE YRQ 0LQXWHQ XQGQDFKHLQLJHQZHLWHUHQ0LQXWHQKDWWHHUDXFKGHQ6\VWHPDEVWXU]EHKREHQ ³:LH NDQQ LFK GLU QXU GDQNHQ VDJWH GLH )UDX ³'DUI LFK GLFK ]X HLQHP 'ULQN HLQODGHQ" ³,FKELQHLQ3OHE ³'LHVHQ$XVGUXFNKDEHLFKQRFKQLHJHK|UW (V EOLHE QLFKW EHL HLQHP 'ULQN XQG 6DPVRQ PHLQWH ]X WUlXPHQ DOV GHU 6RQQWDJ VSlW LQ GHU 1DFKW PLW GHP $XVWDXVFK YRQ =lUWOLFKNHLWHQ HQGHWH =X PHKU NDP HV DEHU QLFKW ZHLO 6DPVRQ YHUVDJWH (U VFKULHE GDV VHLQHP 0RGXO ]X XQG GDUXP EDXWHHUHVQRFKLQGLHVHU1DFKWDXVXQGQDKPHV]XPQl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|FKHU DXI ]RJHQ KRORJUDILVFKH 3KDQWDVLHUDXPVFKLIIH LKUH %DKQHQ 8QGGDQQOlXWHWHGLH0LWWHUQDFKWVRUJHOGDVQHXH-DKUWDXVHQGHLQGHQ-DQXDUGHV -DKUHV1*= ³'DV LVW DXFK IU XQV HLQ QHXHU /HEHQVDEVFKQLWW ULHI 1HLOD LKP LQV 2KU ³,FK EHNRPPHHLQ.LQGYRQGLU(VZLUGHLQ0lGFKHQ6LHVROO6\OYHVWUDKHLHQ (U HUVFKUDN $EHU GLH )UHXGH EHUZRJ VHLQH %HVRUJQLV (UVW HLQ .LQG ZDU GLH ZLUNOLFKH%DVLVIUHLQHQQHXHQ/HEHQVDEVFKQLWWGHU*UXQGVWRFNIUGLH*UQGXQJ HLQHU)DPLOLH1LFKWPHKUDOVGDVKDWWHHUVLFKIUV/HEHQJHZQVFKW0LW%HJLQQ GHVQHXHQ-DKUWDXVHQGVZDUHQHQGOLFKDOOH%UFNHQ]XIUKHUDEJHULVVHQ
(U KlWWH %HGHQNHQ lXHUQ 1HLOD DXI GLH XQVLFKHUH /DJH GLH QHXHQ 5DVVHQJHVHW]H XQG DXIVHLQH SHUV|QOLFKH6LWXDWLRQKLQZHLVHQVROOHQ$EHUVWDWWGHVVHQQDKPHUVLH LQGLH$UPHXQGHUGUFNWHVLHIDVWDOVHUVLHNWH ³,FKKlWWHHVQLFKWIUP|JOLFKJHKDOWHQGDLFK9DWHUZHUGHQN|QQWH ,PPHUKLQHUZDUHLQ&\ERUJ]XPLQGHVWJHZHVHQXQGKlWWHQLFKWJHJODXEWGD HU GDQDFK ZLHGHU VRZHLW 0HQVFK ZHUGHQ NRQQWH $EHU GLH 1DWXU VFKLHQ HEHQ VWlUNHUDOVDOOH7HFKQLN 6DPVRQKDWWHLKUDOOHVEHUVHLQIUKHUHV/HEHQHU]lKOW(VJDENHLQH*HKHLPQLVVH ]ZLVFKHQLKQHQ'DGLH$SDUWKHLGJHVHW]H]ZLVFKHQLKQHQVWDQGHQZROOWHVLHQLFKW DN]HSWLHUHQ 'LH 0HQJH EHJDQQ ]X WDQ]HQ 9HUHLQ]HOW NDP HV ]X 6FKOlJHUHLHQ ZHQQ *UXSSHQ UDGLNDOHU (OHPHQWH DXV EHLGHQ /DJHUQ GHQ DXWKHPJHERUHQHQ $QV XQG GHQ HLQJHZDQGHUWHQ3OHEVDXIHLQDQGHUWUDIHQ$EHUGDVKDWWHQLFKWVZHLWHU]XEHGHXWHQ GHQQGLHURERWLVFKHQ2UGQXQJVKWHUVFKULWWHQMHGHVPDOVRIRUWHLQXQGVFKOLFKWHWHQ GLH$XVHLQDQGHUVHW]XQJHQ %HL HLQHP VROFKHQ 7XPXOW YHUORU 6DPVRQ 1HLOD DXV GHQ $XJHQ (U EHNDP HLQLJH 6FKOlJH DE XQG WHLOWH HEHQVR YLHOH DXV $OV HU EHL HLQHU $WHPSDXVH GHQ .RSI UHFNWH JODXEWH HU ]X VHKHQ GD 1HLOD YRQ HLQLJHQ -XJHQGOLFKHQ PLW JHOEHQ 6WXUPNlSSLVZHJJH]HUUWZXUGH 6DPVRQ ULHI YHU]ZHLIHOW LKUHQ 1DPHQ XQG YHUVXFKWH VLFK HLQHQ :HJ LQ LKUH 5LFKWXQJ]XHUNlPSIHQ$EHUGDEDXWHVLFKYRULKPSO|W]OLFKHLQULHVLJHU%XUVFKH PLW KDUWHP DXVGUXFNVORVHP *HVLFKW GHU W\SLVFKH 6FKOlJHUNORQ YRU LKP DXI XQG WUDWLKPPLWYROOHU:XFKW]ZLVFKHQGLH%HLQH :lKUHQG HU VLFK YRU 6FKPHU]HQ NUPPWH ZXUGH HU YRQ ]ZHL *HOENDSSHQ LQ GLH =DQJHJHQRPPHQXQGYRQGHU6WUDHLQHLQHQ+LQWHUKRIJHVFKOHSSW6LHVWLHHQLKQLQ HLQHQEHUHLWVWHKHQGHQ*OHLWHU$OVHUVLFKDXI]XElXPHQYHUVXFKWHIHXHUWHHLQHUDXV GHP *OHLWHU HLQHQ 3DUDO\VDWRU DXI VHLQHQ 8QWHUOHLE DE HLQH MHQHU :DIIHQ GLH QXU |UWOLFKODKPWHQ ³'XZLUVWQLFKWVVSUHQ3OHEK|UWHHUHLQHJHSUHWH6WLPPHEHUVLFKZlKUHQGHU YRQ GUHL VFKZHUHQ .|USHUQ DXI GHQ %RGHQ GHV *OHLWHUV JHGUFNW ZXUGH ³:LU ZHUGHQ GLFK QLFKW W|WHQ $EHU GX ZLUVW QLH ZLHGHU HLQHQ %DVWDUG LQ GLH :HOW VHW]HQ N|QQHQ 6DPVRQ ZDU KLOIORV ,Q GLHVHP $XJHQEOLFN ZQVFKWH HU VLFK GD HU VLFK GHQ 6DW] 0XF\0RGXOHHLQJHEDXWKlWWHXQGVHLQH6DWHOOLWHQ]X+LOIHUXIHQN|QQWH (U KDWWH VLFK JHVFKZRUHQ HLQ JDQ] QRUPDOHV /HEHQ ]X IKUHQ XQG VHLQH .DPSIDXVUVWXQJ QLH ZLHGHU DQ]XUKUHQ DEHU LQ GLHVHP $XJHQEOLFN ZlUH HU VLFK VHOEVWXQWUHXJHZRUGHQ 3O|W]OLFKKHXOWHQLQGHU)HUQH6LUHQHQDXIZXUGHQODXWHU ª0LVWMHW]WVLQGZLUGUDQ ³5DXVPLWGHP3OHE ³'DVEHUOHEWHUQLFKW(VZlUH0RUG ³:HQQVFKRQ5DXVPLWLKP%HVVHUHUDOVZLU 6DPVRQ ZXUGH KHUXPJHGUHKW XQG ]XP RIIHQHQ 6FKRWW JHUROOW 'DQQ VSUWH HU GHQ )DKUWZLQGLKQXPZHKHQXQGHUPHLQWHVFKZHUHORV]XVFKZHEHQ9LHOOHLFKWZUGHHU GHQ$XISUDOODXIGHP%RGHQZHJHQGHU|UWOLFKHQ3DUDO\VHJDUQLFKWVSUHQ $EHU HU HUUHLFKWH GHQ %RGHQ JDU QLFKW (U ZXUGH YRP $QWLJUDYVWUDKO HLQHV
3ROL]HLJOHLWHUVDEJHIDQJHQ8QGGDQQJLQJHVLQV.UDQNHQKDXVGHV)UHPGHQEH]LUNV 'LH1RWDPEXODQ]ZDU]XP%HUVWHQYROO(UVDKQXU%OXWXQG%LRSODVWYHUElQGHXQG K|UWH :HLQHQ XQG 6FKPHU]HQVVFKUHLH XQG 5DFKH XQG .DPSISDUROHQ ,Q GLHVHP 0RPHQW ZDU HU GHP EUJHUOLFKHQ /HEHQ QDFK GHP HU VLFK VHKQWH IHUQHU DOV DXI GHU 6WUDIZHOW &XPEDODQ $EHU QDFKGHP HU PHGL]LQLVFK YHUVRUJW ZRUGHQ ZDU XQG YRQHLQHU$PEXODQ]QDFK+DXVHJHEUDFKWZRUGHQZDUVDKDOOHVZLHGHUDQGHUVDXV (UJLQJQLFKWLQGHQ.HOOHUVRQGHUQLQVHLQ$SSDUWHPHQW 'RUWHUZDUWHWHLKQ*UH\QLQJHQPLW]ZHLDQGHUHQ+\JXSKRWHQ ³,VWHVQLFKWHQGOLFKDQGHU=HLWIUGDV5HFKW]XNlPSIHQ"VDJWHHU 6DPVRQ ZDUI GLH GUHL KLQDXV XQG ZlKOWH 1HLODV 1XPPHU 6LH OHEWH DOOHLQ LP ,QQHUVWHQ%H]LUNXQGKDWWHGDUXPJHNlPSIWGD6DPVRQ]XLKU]LHKHQGXUIWH $EHUQXQHUVFKLHQLKU9DWHULP%LOG $OVHUHUNDQQWHZHUGHU$QUXIHUZDUYHU]HUUWHVLFKVHLQ*HVLFKW]XHLQHU)UDW]HGHU :XW ³+DVWGXQRFKQLFKWJHQXJGX$EVFKDXPVFKULHHU -HW]WZXWH6DPVRQZHQLJVWHQVYRQZHOFKHU$GUHVVHGLH6FKOlJHUJHVFKLFNWZRUGHQ ZDUHQ $EHUHUQDKPQRFKLPPHUQLFKWGHQ:HJLQV.HOOHUDEWHLO 1DFK GHQ 6LOYHVWHUXQUXKHQ ZXUGHQ GLH )UHPGHQVFKXW]JHVHW]H YHUVFKlUIW XQG GDPLW ZDU NHLQHVZHJV JHPHLQW GD GLH 0LQGHUKHLW DXV GHP )UHPGHQEH]LUN YRU GHQhEHUJULIIHQGHU(LQKHLPLVFKHQJHVFKW]WZHUGHQVROOWH (V EHGHXWHWHQl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|SIHQ LPPHU NUDXVHUH *HGDQNHQ KHUXP]XVSXNHQ EHJDQQHQ DXIUKUHULVFKH *HGDQNHQGLHYRQJH]LHOWDUEHLWHQGHQ$JLWDWRUHQYRUJHEHWHWZXUGHQ ,QVROFKHQ1lFKWHQNORSIWHHVLPPHU|IWHUDQ6DPVRQV7U'LHHUVWHQ0DOHPDFKWH HUVLFKGLH0KH]X|IIQHQ ³+H%UXGHUZLUWUHIIHQXQV]XHLQHU.DPSIDEVWLPPXQJ $OV HLQHV 1DFKWV DXI HLQPDO 5XVFDQ YRU VHLQHU 7U VWDQG GD KDWWH 6DPVRQ HQGJOWLJJHQXJXQGYHUEDUULNDGLHUWHVLFKIRUWDQI|UPOLFKLQVHLQHP$SSDUWHPHQW 5XVFDQKDWWHDXVJHVSURFKHQZDVGLHDQGHUHQ:HUEHUQXUDQ]XGHXWHQZDJWHQ ª(VZLUG=HLWGDZLU]XGHQ:DIIHQJUHLIHQ'DV)DLVWEHUJHODXIHQ-HW]WKHLW HV VLH RGHU ZLU ,FK KDEH JXWH 9HUELQGXQJHQ ]X $ULVNUHLVHQ XQG ZHL GD PDQ YHUVWlUNWJHJHQXQVPRELOLVLHUW'DEHLJHKWHVNHLQHVZHJVQXUXP'LVNULPLQLHUXQJ 'DPLW EHJQJHQ VLFK GLH UDGLNDOHQ $ULV OlQJVW QLFKW PHKU :HQQ LFK PRELOLVLHUHQ VDJHGDQQPHLQHLFKPLOLWlULVFKH$NWLRQHQ:LUKDEHQNHLQHDQGHUH:DKODOVXQV GDJHJHQ]XZDSSQHQ 5XVFDQOLHVLFKQLFKWZLHGHUEOLFNHQ 'DV'XPPHZDUGD6DPVRQDXFKGLH$XWKHPHUYHUVWHKHQNRQQWH6LHKDWWHQVLFK EHUHLWHUNOlUW HLQ JHZLVVHV .RQWLQJHQW DQ (LQZDQGHUHUQ DXI]XQHKPHQ XP VLH DQ
LKUHP :RKOVWDQG SDUWL]LSLHUHQ ]X ODVVHQ ² XQG ZRKO DXFK XP ELOOLJH $UEHLWVNUlIWHIUJHZLVVHXQEHOLHEWH7lWLJNHLWHQ]XEHNRPPHQ $EHU QXQ KDWWH VLFK GHU =XVWURP YRQ (LQZDQGHUHUQ YHU]HKQIDFKW ² XQG Z|FKHQWOLFK WUDIHQ =HKQWDXVHQGH ZHLWHUHU HLQ GLH LP =XJ YRQ 'HLJKWRQV -DKUWDXVHQG$PQHVWLHEHJQDGLJWZRUGHQZDUHQ 'LH$XWKHPHUIKOWHQVLFK]X5HFKWEHWURJHQXQGGDVLHNHLQHUHFKWOLFKHQ0LWWHO KDWWHQ GHQ YRQ 7HUUD GLNWLHUWHQ )UHPGHQ]XVWURP ]X XQWHUELQGHQ VFKULWWHQ VLH ]XU 6HOEVWKLOIH 8QG GLH %HJQDGLJWHQ GHQHQ GHU (LQ]XJ LQ HLQH :HOW YHUVSURFKHQ ZRUGHQZDULQGHU0LOFKXQG+RQLJIORZHKUWHQVLFKYHUVWlQGOLFKHUZHLVHJHJHQ GLHEHUVLHKHUHLQVWU]HQGHQ'LVNULPLQLHUXQJHQXQGVLHVDJWHQVLFK]X5HFKWGD VLHHVLQJHZLVVHU:HLVHDXIGHQMHZHLOLJHQ*HWWRZHOWHQEHVVHUJHKDEWKDWWHQ (V VFKLHQ NHLQHQ $XVZHJ DXV GLHVHP 'LOHPPD ]X JHEHQ ZHQQ GHU =XVWURP YRQ (LQZDQGHUHUQQLFKWHQGOLFKJHVWRSSWZXUGH 6DPVRQ HULQQHUWH VLFK LQ GLHVHP =XVDPPHQKDQJ GHU *HVFKLFKWH GHU /RNYRUKWHU GLH6KDQGUD.UHQGDOOLKPHU]lKOWKDWWH6LHKDWWHVLFKYRUIDVW]ZHLKXQGHUW-DKUHQ ]X%HJLQQGHVQHXQWHQ-DKUKXQGHUWV]XJHWUDJHQ'HU3ODQHW/RNYRUWKLP6FDUIDUX 6\VWHPZDU]XGLHVHU=HLWHLQH:HOWGHVhEHUIOXVVHVJHZHVHQGRFKGDQQKDWWHQGLH /RNYRUWKHU GHQ %DX GHV +XPDQLGURPV HLQHU JLJDQWLVFKHQ :HOWUDXPVWDWLRQ LP 2UELWLKUHV3ODQHWHQEHUQRPPHQXQGZDUHQGDEHLYHUDUPW )DVWVFKLHQHVDOVJlEHHVLQGHU0LOFKVWUDHHLQH0DFKWGLHGDUDXIDFKWHWHGDHV GHQ *DODNWLNHUQ QLFKW ]X JXW JLQJ DOV KlWWH GHU :RKOVWDQG GHU $XWKHPHU LUJHQG MHPDQGHV1HLGHUZHFNW 6DPVRQ NRQQWH VLFK LP *HJHQVDW] ]X GHQ XQ]lKOLJHQ 8Q]XIULHGHQHQ HLJHQWOLFK QLFKWEHVFKZHUHQ (U KDWWH QDFK GHQ 6LOYHVWHUXQUXKHQ HLQH IDLUH 9HUKDQGOXQJ EHNRPPHQ XQG GDQN 1HLODV$XVVDJHGLHWUHX]XLKPJHVWDQGHQZDUXQGVHLQHWZHJHQVRJDULKUH)DPLOLH YHUOHXJQHWH HLQHQ )UHLVSUXFK EHNRPPHQ 'DUEHU KLQDXV ZDUHQ GLH ZDKUHQ 6FKXOGLJHQ DXVJHIRUVFKW XQG UHFKWVNUlIWLJ YHUXUWHLOW ZRUGHQ 'LH 8UWHLOH ZDUHQ ]ZDU EHUDXV PLOG DXVJHIDOOHQ DEHU GDV lQGHUWH QLFKWV DQ GHU 7DWVDFKH GD IU 6DPVRQHLQHQ(LQZDQGHUHUXQGJHJHQ$XWKHPHU5HFKWJHVSURFKHQZRUGHQZDU 1HLOD KDWWH VRJDU JHJHQ GHQ :LOOHQ LKUHU (OWHUQ GXUFKJHVHW]W GD VLH VLFK NHLQHU ]ZDQJVZHLVHQ6FKZDQJHUVFKDIWVXQWHUEUHFKXQJXQWHU]LHKHQPXWH'DVKDWWHLQGHU gIIHQWOLFKNHLW ]ZDU IU HLQLJH $XIUHJXQJ JHVRUJW XQG 1HLOD PXWH LQ HLQ VWDDWOLFKHV 0WWHUKHLP EHUVLHGHOQ DEHU VLH VWDQG WURW] DOOHU $QIHLQGXQJHQ GXUFK GLHHLJHQHQ/HXWHZHLWHUKLQIHVW]X6DPVRQ :DQQ LPPHU HV JLQJ WUDIHQ VLH VLFK KHLPOLFK (V ZlUH ]X JHIlKUOLFK IU 1HLOD JHZHVHQ VLFK |IIHQWOLFK PLW LKP VHKHQ ]X ODVVHQ ,KUH %H]LHKXQJ PXWH GDUXP JHKHLPJHKDOWHQ ZHUGHQ 'DUDXI KDWWH 6DPVRQ EHVWDQGHQ (U OLHEWH VLH EHU DOOHV XQG KlWWH HU VLH YHUORUHQ GDQQ ZlUH LKP QLFKWV PHKU JHEOLHEHQ ZDV GDV /HEHQ QRFKJHORKQWKlWWH1HLODZDUVHKU]XYHUVLFKWOLFKGDVLHLUJHQGZDQQJDQ]RIIL]LHOO HLQHQ +HLUDWVYHUWUDJ HLQJHKHQ XQG ]XVDPPHQ]LHKHQ NRQQWHQ 'DV 7KHPD YRQ 0LVFKHKHQZXUGHLPPHUDNWXHOOHU $XI$XWKHPOHEWHQEHUHLWV0LOOLRQHQ(LQZDQGHUHU0LOOLRQHQGDYRQDOOHLQLP )UHPGHQEH]LUNYRQ$XWKHPR $Q GHU *UHQ]H ]XP )UHPGHQEH]LUN JDE HV HLQ +DXV GDV ]XU +lOIWH LQ GLHVHQ KLQHLQUDJWHXQGGDVYRQUHLQUDVVLJHQ$XWKHPHUQEHZRKQWZXUGH1DWUOLFKKDWWHQ
GLH $ULV GHQ +LQWHUHLQJDQJ ]XP *HWWR YHUEDUULNDGLHUW XQG GLH )HQVWHU PLW (QHUJLHYRUKlQJHQ YHUGXQNHOW $EHU Y|OOLJ VLFKHU IKOWHQ VLH VLFK QLFKW XQG VR ZDUHQVLHIURKDOVLKQHQHLQDQRQ\PHU.lXIHUHLQHQDQQHKPEDUHQ3UHLVERWXQGVLH DXV]LHKHQNRQQWHQ 1HLODKDWWHLKUHOHW]WHQ(UVSDUQLVVHJHRSIHUWXPGDV+DXVHUVWHKHQ]XN|QQHQXQG IUVLFKXQG6DPVRQGLHVHVKHLPOLFKH/LHEHVQHVWHLQULFKWHQ]XN|QQHQ+LHUWUDIHQ VLH VLFK LPPHU ZHQQ HV GLH 8PVWlQGH HUODXEWHQ 'DV ZDUELVKHU DXFK LPPHU JXW JHJDQJHQ -HGHU YRQ LKQHQ ZDU YRUVLFKWLJ JHQXJ GDV +DXV QXU GDQQ ]X EHWUHWHQ ZHQQ HU VLFKHU VHLQ NRQQWH QLFKW EHREDFKWHW ]X ZHUGHQ $EHU GDV ZXUGH LPPHU VFKZHUHU $OV 6DPVRQ VLFK DQ GLHVHP )UHLWDJDEHQG LQ GHU ]ZHLWHQ $SULOZRFKH GXUFK GHQ +LQWHUHLQJDQJVFKOLFKHUZDUWHWHLKQ1HLODLQVHOWVDPHU8QUXKH ³,FK KDEH GDV *HIKO GD LFK VHLW 7DJHQ EHREDFKWHW ZHUGH JHVWDQG VLH ³8QG KHXWH KDW VLFK HLQ 5RERW DQ PHLQH )HUVHQ JHKHIWHW XQG VLFK JDU NHLQH 0KH JHPDFKWGLH2EVHUYLHUXQJ]XYHUKHLPOLFKHQ,FKKDEH$QJVW6DP ³+DVWGXLKQDEVFKWWHOQN|QQHQ" ³,FK ZHL HV QLFKW VDJWH 1HLOD XQVLFKHU ³,FK YHUORU LKQ VFKOLHOLFK DXV GHQ $XJHQDEHURELFKGDUXPVLFKHUVHLQNDQQ (UZROOWHVLHQLFKWEHXQUXKLJHQXQGYHUVFKZLHJGDUXPGDHUDXFKVFKRQ5XVFDQ LQGLHVHU*HJHQGKDWWHKHUXPVFKOHLFKHQVHKHQ (UQDKPVLHLQGLH$UPHGUFNWHVLHIHVWDQVLFK3O|W]OLFKNWHVLHLKQVRKHIWLJ DOVVHLHVGDVOHW]WHPDO 8QG JHUDGH DOV HU VLFK YRQ LKUHU /HLGHQVFKDIW PLWUHLHQ ODVVHQ ZROOWH ]HUWHLOWH HLQ JUHOOHU /LFKWVWUDKO GDV 'lPPHUOLFKW 'UHL YLHU KQHQKDIWH *HOENDSSHQ WUDWHQ LQ GHQ/LFKWNHJHO 6DPVRQ UHDJLHUWH VFKQHOO (U ZROOWH 1HLOD ]XP +LQWHUHLQJDQJ GUlQJHQ XQG VLH PLW VHLQHP.|USHUGHFNHQ$EHUGLH7ULQV*HWWRZXUGHYRQHLQHP5RERWYHUVWHOOWGHU VLFK ODXWORV LQ LKUHQ 5FNHQ JHVFKOLFKHQ KDWWH 'HU 5RERW XPVFKODQJ 6DPVRQ PLW ]ZHL*OLHGHUWHQWDNHOQXQGIHVVHOWHLKQVRI|UPOLFK6DPVRQZDUEHZHJXQJVXQIlKLJ XQG DXI HLQPDO YHUVSUWH HU HLQHQ IHLQHQ (LQVWLFK LP 1DFNHQ XQG GDQQ ZDU HU SDUDO\VLHUW 6HLQH .HKOH EOLHE VWXPP DOV HU VDK ZLH GLH *HOENDSSHQ 1HLOD GHQ 0XQG]XKLHOWHQXQG]X%RGHQUDQJHQ $XFK VLH ZXUGH EHWlXEW DEHU LP *HJHQVDW] ]X LKP PHUNWH VLH QLFKW PHKU ZDV GDUDXIKLQ PLW LKU SDVVLHUWH (V ILHO NHLQ :RUW GLH *HOENDSSHQ DUEHLWHWHQ ZLH HPRWLRQVORVH0DVFKLQHQ6LHZUGLJWHQ6DPVRQQLFKWHLQPDOHLQHV%OLFNHV 6LH KlWWHQLKQ PKHORV W|WHQN|QQHQ GRFKVLHKDWWHQHV QXU DXI1HLODDEJHVHKHQ ,KUHVHOWVDPHQ0DQDKPHQJDOWHQQXULKU=XHUVWZXWH6DPVRQQLFKWJHQDXZDV GDV DOOHV VROOWH DEHU GDQQ ZXUGH LKP NODU GD VLH GDV =LPPHU LQ HLQHQ 2SHUDWLRQVVDDO XPZDQGHOWHQ 8QG DOV VFKOLHOLFK QRFK GHU 0HGRURERWHU KHUHLQJHVFKZHEW NDP XQG VHLQ NHLPW|WHQGHV (QHUJLHIHOG EHU 1HLOD EUHLWHWH GD GXUFKVFKDXWHHUGLHJUDXVDPH$EVLFKWLQLKUHUJDQ]HQ.RQVHTXHQ] (UZXUGHYRQGHP5RERWDXIUHFKWJHKDOWHQELVGHU0HGRVHLQDEVFKHXOLFKHV:HUN YROOEUDFKW KDWWH 8QG 6DPVRQ ZDU QLFKW HLQPDO LQ GHU /DJH GLH $XJHQ ]X VFKOLHHQ RGHU GHQ %OLFN DE]XZHQGHQ (U PXWH ]XVHKHQ XQG NRQQWH QLFKW HLQPDO VFKUHLHQ $OVHVJHWDQZDUZXUGHHUGXUFKGLH+LQWHUWULQV*HWWR]XUFNJHVWRHQ
(U EOLHE XQEHDFKWHW OLHJHQ ELV HU VLFK ZLHGHU EHZHJHQ NRQQWH 'DV +DXV ZDU LQ]ZLVFKHQ HLQ 7UPPHUKDXIHQ GXUFK GHQ GHU (QHUJLH]DXQ GHU *HWWRJUHQ]H YHUOLHI 6DPVRQ ZDU LPPHU QRFK ZLH EHQRPPHQ DEHU LQ VHLQHP .RSI EHJDQQ HLQ 3ODQ]XUHLIHQ $OV HU GDV $SSDUWHPHQWKDXV HUUHLFKWH IXKU HU QLFKW KRFK VRQGHUQ EHJDE VLFK LQ GHQ.HOOHU(UVSHUUWHGDV6FKOLHIDFKDXIXQG|IIQHWHGHQ&RQWDLQHU 9LHU6WXQGHQYHUJLQJHQELVHUGLH3UR]HGXUKLQWHUVLFKJHEUDFKWKDWWH$EHUGDQQ ZDU HU YROO HLQVDW]EHUHLW HLQ 0XOWL&\ERUJ PLW ]HKQ 6DWHOOLWHQ MHGHU GDYRQ PLW GHQ IXUFKWEDUVWHQ +DQGZDIIHQ EHVWFNW GLH GLH JDODNWLVFKH 9HUQLFKWXQJVPDVFKLQHULHMHHUVRQQHQKDWWH 6HLQ $QEOLFN DOOHLQ NRQQWH HLQHQ GDV )UFKWHQ OHKUHQ (LQ 0DQQ LQ HLQHP 6WDKOVNHOHWW GHQ .RSI PLW HLQHU NXJHOI|UPLJHQ (PRWLRQVKDXEH YHUPXPPW GHQ 5FNHQPLW]HKQPHORQHQJURHQ6WDKONXJHOQJHSIODVWHUWGLHVHGXUFKHLQ1HW]ZHUN KRFKWHFKQLVLHUWHU*HUlWVFKDIWYHUEXQGHQ 6DPVRQ NDQQWH GLH .RQWDNWQXPPHU YRQ *UH\QLQJHQV .DPSIWUXSSH PDQ KDWWH VLH LKP DXI GLH :RKQXQJVWU JHVFKPLHUW (U ZlKOWH GHQ .RGH EHU VHLQ .RPPXQLNDWLRQVV\VWHPDQ'HU+\JXSKRWPHOGHWHVLFKSHUV|QOLFK ³:LOONRPPHQLQGHU.DPSI]HOOH)UHLWDJGHU'UHL]HKQWHZXUGH6DPVRQEHJUW ³,FKKDEHJHK|UWZDVVLHGLUDQJHWDQKDEHQXQGPLWGHLQHP$QUXIJHUHFKQHW:LU VFKODJHQQRFKKHXWHORV )U HLQHQ 0RPHQW UHJWH VLFK LQ 6DPVRQ HLQ 9HUGDFKW 'HU LQWULJDQWH 5XVFDQ GHU XP LKUHQ 1HLODV XQG VHLQHQ KHLPOLFKHQ 7UHIISXQNW KHUXPJHVFKOLFKHQ ZDU XQG *UH\QLQJHQGHU]XPHQWVFKHLGHQGHQ=HLWSXQNWYROOHU8QJHGXOGDXIVHLQHQ(LQVDW] ZDUWHWH=XIDOORGHU" 8QG VHOEVW ZHQQ PHKU DOV QXU HLQH 9HUNHWWXQJ ]XIlOOLJHU *HVFKHKQLVVH YRUODJ HU ZROOWHQXQQLFKWPHKUXPNHKUHQ6LHKDWWHQ6DPVRQPHKUDQJHWDQDOVHLQ0HQVFK YHUNUDIWHQNRQQWH -HW]WPXWHHUNlPSIHQ (VZDUGHU$SULO1*=HLQ)UHLWDJ (V ZDUGHU7DJ DQ GHP GDV )HXHU JH]QGHW ZXUGHGDV HLQHQ JDQ]HQ 3ODQHWHQ LQ 6FKXWWXQG$VFKHOHJHQZUGH 6211$%(1''b00(581* 1DRVKRPKDWWHGLH:DKO(QWZHGHUHUVWDUERGHUHUJLQJLQ*HIDQJHQVFKDIW $EHU HU ZROOWH NHLQHV YRQ EHLGHP HU ZROOWH OHEHQ XQG QLFKW GHQ :LGGHUQ DXVJHOLHIHUWVHLQ 'DVZDUVHLQJURHV3UREOHP (U KDWWH GHQ 6\QWURQ XQ]lKOLJH 0DOH GLH YHUVFKLHGHQVWHQ +RFKUHFKQXQJHQ GXUFKIKUHQ ODVVHQ PDO RKQH GDQQ ZLHGHU XQWHU =XVFKDOWXQJ GHV =XIDOOVJHQHUDWRUV$EHUGLHHUUHLFKWHQ(UJHEQLVVHNRQQWHQLKQQLH]XIULHGHQVWHOOHQ (VVFKLHQNHLQHQJDQJEDUHQ$XVZHJDXVGLHVHP'LOHPPD]XJHEHQ (U ZDU YRQ HLQHP 0HWHU0LWWHONODVVHUDXPHU LQ GLH (QJH JHWULHEHQ ZRUGHQ 'HU1DPHGHV6FKLIIHV48((1/,%(57<(LQVFKZHUEHVWFNWHV.DPSIVFKLIIGHU :LGGHU 9RULKPGHU)HLQG+LQWHULKPGLHURWH5LHVHQVRQQH 8QGHUPLWGLHVHPDQWLTXLHUWHQILOLJUDQHQ6FKLIIFKHQLQGHU0LWWH
1DRVKRP KDWWH QLFKW PHKU YLHO =HLW ]XP hEHUOHJHQ 0DQ KDWWH LKP HLQH JDQ]H :RFKHJHJHEHQGLHVHQ6FKXOXQJVDXIWUDJ]XHUOHGLJHQ'LH:RFKHZDUIDVWXP(U ZDU LQ GHU HUVWHQ 0LQXWH GHV YHUJDQJHQHQ 6RQQWDJV JHVWDUWHW XQG QXQ JLQJ GHU GDUDXIIROJHQGH 6RQQDEHQG GHU $XJXVW VHLQHP (QGH ]X XQG HU VWHFNWH VFKZHULQGHU.OHPPH 6HLQHQ $XIWUDJ KDWWH HU VSLHOHQG HUOHGLJW (U EUDXFKWH EOR GDV =HOOPDWHULDO YRQ $UDORQ DE]XKROHQ XQG ]XU %UXWZHOW 6KXXQJDU VHLQHU *HEXUWVVWlWWH ]X EULQJHQ 6HLQHLQ]LJHV+DQGLNDSZDUGDHUGHQ)OXJYRQ]ZHLPDOUXQG/LFKWMDKUHQ LQGLHVHPXQVLFKHUHQ*HIlKUWEHZlOWLJHQPXWH 'LH DOWHUVVFKZDFKH (/<6,$1 KlWWH GDV IDVW JHVFKDIIW $EHU QXU NQDSS /LFKWMDKUHYRUGHP=LHOZDUGHU0HWDJUDY$QWULHEDXVJHIDOOHQ1DFK$XVNXQIWGHV 6\QWURQV ZHJHQ HLQHV hEHUWUDJXQJVIHKOHUV LQ VHLQHP %HUHLFK 'DV 6HOEVWWHVWSURJUDPP OLHI DEHU GDV GDXHUWH 8QG VR YHUVWULFK VHLQH )ULVW XQG GDQQ ZDUDXIHLQPDOGDV)HLQGVFKLIIDXIJHWDXFKWXQGKDWWHGLH(/<6,$1JHVWHOOW =XIDOORGHU6DERWDJH" (U ZXWH QLFKW ZDV SDVVLHUWH ZHQQ HU GLH )ULVW EHUVFKULWW $EHU GLH +HUUHQ GHU 6WUDHQ KDWWHQ NHLQHQ =ZHLIHO GDUEHU JHODVVHQ GD HU GDQQ YHUVDJW KlWWH 8QG ZDVPLW9HUVDJHUQJHVFKDKGDUEHUJDEHVHLQHJDQ]H0HQJH*HUFKWH 9HUEDQQXQJ(QW]XJGHV .RRUGLQDWLRQVPRGXOV/LTXLGLHUXQJZDUHQHLQLJHGHULQ $XVVLFKWJHVWHOOWHQ0|JOLFKNHLWHQ 1DRVKRP NRQQWH GHU OHW]WHQ 0|JOLFKNHLW ]XYRUNRPPHQ LQGHP HU VLFKLQGLH URWH 5LHVHQVRQQH VWU]WH $EHU GDQQ ZlUH DXFK GLH ZHUWYROOH =HOOEDQN PLW GHP JHQHWLVFKHQ 0DWHULDO V\VWHPIHLQGOLFKHU 3HUVRQHQ YHUORUHQ JHZHVHQ 8QG GLHVH =HOONXOWXUHQZDUHQXQHUVHW]OLFKHV%DVLVPDWHULDO]XP.ORQHQYRQ'RSSHOJlQJHUQ $OV GLH $UDV LKP GLHV EHL GHU hEHUJDEH YHUULHWHQ GD ZDU LKP NODUJHZRUGHQ GD GLHVQLFKWEORHLQQRUPDOHU6FKXOXQJVDXIWUDJZDU0DQKDWWHLKQIUHLQHZLFKWLJH 0LVVLRQDXVHUZlKOWGLHQXUDOV5RXWLQHIOXJJHWDUQWZDU :LHVROOWHHUQXUGHQLQLKQJHVHW]WHQ(UZDUWXQJHQJHUHFKWZHUGHQ" (UVDKNHLQHQ$XVZHJDXVVHLQHU%HGUlQJQLV$Q$XIJDEHGDFKWHHUGDJHJHQQLFKW HUJHEHQ ZUGH HU VLFK QLH 8QG VR YHUUDQQ GLH =HLW XQG GDV 8OWLPDWXP GDV LKP ³5RPXOXVJHVWHOOWKDWWHOLHIDOOPlKOLFKDE :DVWXQ"IUDJWHVLFK1DRVKRPGHUNQDSS]ZDQ]LJ0RQDWHDOWH&DQWDUR.ORQYRQ 6KXXQJDU 9LHOOHLFKW NRQQWH HU HLQHQ )OXFKWYHUVXFK ULVNLHUHQ IDOOV GLH 48((1 /,%(57< HLQ (QWHUNRPPDQGR VFKLFNWH $EHU RE HU VLFK PLW GLHVHP EHUDOWHUWHQ 6FKLII GHQ ZHLWUHLFKHQGHQ .DQRQHQ ZUGH HQW]LHKHQ N|QQHQ ZDU PHKU DOV ]ZHLIHOKDIW 1DRVKRPIDQGNHLQH3DWHQWO|VXQJ 8QG GLH =HLW YHUUDQQ 1XU QRFK ZHQLJH 0LQXWHQ GDQQ ZDU GLH :RFKHQIULVW DEJHODXIHQ 8QG 5RPXOXV ]lKOWH GHQ &RXQWGRZQ IU GLH OHW]WHQ 6HNXQGHQ GHV 8OWLPDWXPV 0LWWHUQDFKW 1DRVKRPV )ULVW ZDU DEJHODXIHQ RKQH GD HU HLQHQ $XVZHJ DXV VHLQHP 'LOHPPD JHIXQGHQXQGHLQH(QWVFKHLGXQJJHWURIIHQKlWWH -HPDQGQDKPLKPGLH(QWVFKHLGXQJDEXQGO|VWHVRGDV3UREOHP ,UJHQGZR LQ GHU *DOD[LV ZXUGH HLQ ,PSXOV JH]QGHW XQG EUDFKWH GHQ &DQWDUR 1DRVKRP]XU([SORVLRQ
(3,/2*'(5$&+7(7$* ³'LH (/<6,$1 KDW YLHOHQ YHUVFKLHGHQHQ +HUUHQ JHGLHQW XQG MHW]W JHK|UW VLH GLU 'HQVRGGHUVDJWHGHU6\QWURQ ³'DQNH VDJWH GHU 3ORVWD VS|WWLVFK ³6ROO LFK GDV :UDFN HWZD DXI GHP 5FNHQ GXUFKGLH*DOD[LVVFKOHSSHQ" ³'XELVWXQGDQNEDUVDJWHGHU6\QWURQ³'LH(/<6,$1KDWGLUHLQHJDQ]H:RFKH ODQJ 6FKXW] YRU GHQ .RSIMlJHUQ JHERWHQ XQG GLFK DXVUHLFKHQG YHUVRUJW 'X KDVW KLHUHLQ+HLPJHIXQGHQ'HQVRGGHU ³'DUDXI OHJH LFK ZLUNOLFK NHLQHQ :HUW VDJWH GHU 3ORVWD XQG ZLQNWH PLW VHLQHQ YLHU )KOHUQ DE (U KRFNWH DXI VHLQHQ DEJHZLQNHOWHQ %HLQHQ XQG KDWWH DXFK GLH FKLWLQJHSDQ]HUWHQ$UPHDEJHZLQNHOWVHLQHEHYRU]XJWH 6WHOOXQJ]XP1DFKGHQNHQ ³'LHV LVW QXQ VFKRQ GHU DFKWH 7DJ GD LFK PLFK YHUNULHFKHQ PX 0LU UHLFKW HV (ORT ³:HOFKH $OWHUQDWLYH KDVW GX" HUNXQGLJWH VLFK GHU 6\QWURQ VDQIW ³'HQN GRFK ORJLVFK 'HQVRGGHU :HQQ GX GHQ 6FKXW] GHU (/<6,$1 YHUOlW GDQQ ELVW GX YHUORUHQ=XGHLQHP6FKLIINDQQVWGXQLFKW]XUFNZHLOHVEHZDFKWZLUG:HQQGX QXU HLQHQ )KOHU YRQ GLU EOLFNHQ OlW ZLUVW GX HUVFKRVVHQ 8QG DXHUKDOE GHV 6FKLIIHV ZUGHVW GX PLW GHLQHP SRU|VHQ 5DXPDQ]XJ DXFK QLFKW ODQJH OHEHQ 1XU KLHUELVWGXVLFKHU 'HQVRGGHUPXWHVLFKHLQJHVWHKHQGDGHU6\QWURQYHUGDPPWUHFKWKDWWHHUZDULQ GLHVHP:UDFNJHIDQJHQ)UZLHODQJHQRFK" $OVN|QQWH(ORTVHLQH*HGDQNHQOHVHQVDJWHHU ³(V JLEW DXVUHLFKHQG 1DKUXQJ DQ %RUG VR GD GX GLU GDUXP NHLQH 6RUJHQ ]X PDFKHQEUDXFKVW8QG/DQJHZHLOHZLUVWGXDXFKQLFKWKDEHQ'LH(/<6,$1KDWLQ GHQ YHUJDQJHQHQ -DKUKXQGHUWHQ YLHO HUOHEW XQG GDV JHKHLPH /RJ LVW YROO YRQ (UOHEQLVVHQYRQ GHQHQ LFK GLU VLHEHQHU]lKOWKDEH'DV ZDUEOR HLQH.RVWSUREH (V JLEW QRFK WDXVHQG GDYRQ XQG PHKU :HQQ ZLU XQV IU MHGHQ 7DJ HLQH DXIKHEHQ ³6HL VWLOO ULHI 'HQVRGGHU 'LH 9RUVWHOOXQJ IU LPPHU LQ GLHVHP :UDFN JHIDQJHQ ]XVHLQZDULKPHLQ*UHXHO³,FKPXQDFKGHQNHQ $EHU(ORTIXKUXQEHLUUEDUIRUW ³'D ZlUH GLH *HVFKLFKWH PLW GHP &DQWDUR XQG GHP 1DNNHQ GLH JHPHLQVDP DXI GHU(/<6,$1IORJHQXQGJODXEHQLFKWGD&DQWDURXQG1DNNHQHLQ+HU]XQGHLQH 6HHOH VLQG =ZLVFKHQ GLHVHQ EHLGHQ PlFKWLJVWHQ 9|ONHUQ JLEW HV 3RVLWLRQVNlPSIH XP/HEHQXQG7RG2GHUGHU%HULFKWEHUGHQ6LJDQHVHQWUDQVSRUWGLH(/<6,$1 ZXUGH]XP7ROOKDXVDOVVLHEHUWDXVHQGGLHVHU:LQ]OLQJHDXIHLQPDOEHI|UGHUWH (V LVW QXU HLQ Y|OOLJ DXV GHU /XIW JHJULIIHQHV *HUFKW GD 6LJDQHVHQ EHVRQGHUV JHVLWWHWXQGYRQJXWHP%HQHKPHQVLQG ³-HW]W VHL HQGOLFK VWLOO VRQVW GUHKH LFK GLU GLH (QHUJLH DE VFKULH 'HQVRGGHU LQ lXHUVWHU9HU]ZHLIOXQJ 'HU 6\QWURQ VFKLHQ GHQ (UQVW GHU /DJH ULFKWLJ ]X EHXUWHLOHQ XQG VFKZLHJ HLQH :HLOH1DFKHLQHU6LFKHUKHLWVSDXVHPHOGHWHHUVLFKZLHGHU ³9LHOOHLFKW P|FKWHVW OLHEHU GX HWZDV HU]lKOHQ 'HQVRGGHU" VFKOXJ HU YRU ³,P 6SHLFKHU LVW QRFK DXVUHLFKHQG 3ODW] 0|FKWHVW GX PLU YRQ GHLQHU +HLPDWZHOW HU]lKOHQ":LHVLHKWHVDXI$JJUHVDXV",FKEHVLW]HNHLQH,QIRUPDWLRQHQGDUEHU
³,FKZDUQLHDXIGHU+HLPDWZHOWXQVHUHV9RONHVJHVWDQG'HQVRGGHU³,FKZXUGH LQ GHU (DVWVLGH JHERUHQ DEHU IUDJ PLFK QLFKW DXI ZHOFKHU :HOW ,FK ELQ HLQH VR WUDJLVFKH)LJXUZLHGLHPHLVWHQGHLQHU+HOGHQYRQGHQ*HWWRZHOWHQ ³'XKDVWHVJDUQLFKWVFKOHFKWJHWURIIHQ'HQVRGGHUZHQQLFKGDVVDJHQGDUI ³1LFKW VFKRQ ZLHGHU ILHO GHU 3ORVWD (ORT LQV :RUW :HQQ GLH .RSIMlJHU HUVW DEJH]RJHQ ZDUHQ GDQQ ZUGH DOOHV DQGHUV DXVVHKHQ 8QG VHOEVW ZHQQ VLH VHLQH $/48$$0 DWRPLVLHUWHQ ZUGH HU VLFK DXV GHQ :UDFNWHLOHQ GHV 5DXPVFKLIIIULHGKRIV HLQ UDXPWDXJOLFKHV 6FKLII ]XVDPPHQEDVWHOQ 'DV ZUGH HU JDQ]EHVWLPPW ³'X ZHLW QRFK QLFKW DOOHV VDJWH GHU 6\QWURQ XQG VW|UWH GDPLW ZLHGHU HLQPDO VHLQHQ *HGDQNHQIOX ³,FK KDEH GLU QRFK QLFKWV YRQ GHQ %HIUHLHUQ HU]lKOW GLH ]ZLVFKHQGHQ:lOOHQHLQJHVFKORVVHQVLQG ³:DVLVWGDVVFKRQZLHGHUIUHLQH*HVFKLFKWH"IUDJWH'HQVRGGHU ³1LFKW*HVFKLFKWHVRQGHUQGLH=XNXQIW'HQVRGGHU(VJLEW/HEHQDXHUKDOEGHU 0LOFKVWUDH'LH/RNDOH*UXSSHLVWYROOGDYRQ8QGGLHVH:HVHQJHKHQQXQGDUDQ LQ GLH 0LOFKVWUDH HLQ]XGULQJHQ GHQ 0DFKWKDEHUQ GHQ .DPSI DQ]XVDJHQ XQG GLH :lOOHDE]XEDXHQ ³:DV HU]lKOVW GX IU HLQHQ 8QVLQQ (ORT ULHI 'HQVRGGHU ]RUQLJ ³-HGHU ,GLRW ZHL GD HV VHLW GHU *URHQ .RVPLVFKHQ .DWDVWURSKH DXHUKDOE GHU 0LOFKVWUDH NHLQ/HEHQPHKUJLEW:R]XVRQVWGHU6FKXW]ZDOO" ³'RFK QXU XP GLH 0LOFKVWUDHQEHZRKQHU LKUHU )UHLKHLW ]X EHUDXEHQ XQG VLH ]X XQWHUGUFNHQ 0DXHUQ ZHUGHQ LPPHU DXV GLHVHP *UXQG JHEDXW *ODXEH PLU GD 0HQVFKHQ YRQ DXHUKDOE LQ GLH 0LOFKVWUDH HLQJHGUXQJHQ VLQG ,FK KDEH GLHVH ,QIRUPDWLRQ YRQ GHQ :LGGHUQ 'LH :LGGHU ZHUGHQ PLW GHQ %HIUHLHUQ .RQWDNW DXIQHKPHQXQGJHPHLQVDPGLH0DFKWGHV6\VWHPVEUHFKHQ:LUVWHKHQDP%HJLQQ HLQHUQHXHQEHVVHUHQ=HLW'XNDQQVWEHUXKLJWLQGLH=XNXQIWEOLFNHQ'HQVRGGHU 'DV ZDJWH GHU 3ORVWD DXI VLFK SHUV|QOLFK EH]RJHQ ]ZDU ]X EH]ZHLIHOQ DEHU ZDV GLH JDODNWLVFKH /DJH EHWUDI PRFKWH (ORT VFKRQ UHFKW KDEHQ 9LHOOHLFKW ORKQWH HV VLFKVHLQ/HEHQQLFKWXQQ|WLJ]XULVNLHUHQ ³:LHVLHKWHVEHLPHLQHP6FKLIIDXV(ORT"IUDJWHHUQLHGHUJHVFKODJHQ ³:LOOVWGXHVZLUNOLFKZLVVHQ" ³+HUDXVPLWGHU6SUDFKHLFKELQDXIV6FKOLPPVWHJHIDW ³'LH:lFKWHUYRQ$VVLK%DUDQJKDEHQHV]HUVW|UWXQGVLQGDQLKUH3RVLWLRQLP2UELW ]XUFNJHNHKUWVDJWHGHU6\QWURQ ³'XPHLQVWVLHKDOWHQKLHUIUHZLJ:DFKH" ³6RLVWHV'HQVRGGHUEHVWlWLJWHGHU6\QWURQ³$VVLK%DUDQJZLUGGHVZHJHQVRJXW EHZDFKW GDPLW /HXWH ZLH GX QLFKW HLQIDFK KHUNRPPHQ XQG GLH DXVUDQJLHUWHQ 5DXPVFKLIIHZLHGHUEHWULHEVEHUHLWPDFKHQ'DV6\VWHPLVWQLFKWDQHLQHU%HOHEXQJ GHU5DXPIDKUWLQWHUHVVLHUWZHLOVRQVWGLH.RQWUROOHGHU*DODNWLNHUVFKZHUHUZLUG $EHU ZHQQ GLH :LGGHU HUVW HLQPDO VWDUN JHQXJ VLQG GDQQ ZHUGHQ VLH KLHUKHU NRPPHQ'HVVHQELQLFKJDQ]VLFKHU +RIIHQWOLFKLVWGDVEDOGGDFKWHGHU3ORVWD/DXWVDJWHHU ³:LHZDUGRFKJOHLFKGLH*HVFKLFKWHPLWGHQWDXVHQG6LJDQHVHQGLHGLH(/<6,$1 LQHLQ7ROOKDXVYHUZDQGHOWHQ" ³-D GLH KDEHQ HV YLHOOHLFKW ZLOG JHWULHEHQ VFKZHOJWH GHU 6\QWURQ LQ (ULQQHUXQJ GHU/RJHLQWUlJHXQGEHJDQQ]XHU]lKOHQ
(1'(