Loading ...
Loading ...
Loading ...
&RPPHQWTXLWWHUODIRQFWLRQ6DEEDWK
(QIRQFH]ODWRXFKH&/($52))DQQXODWLRQDUUrW
6LOHIRXUIRQFWLRQQHDWWHQGH]SHQGDQWXQHSpULRGH
GHGpODLDOpDWRLUHG·HQYLURQVHFRQGHVjPLQXWH
MXVTX·jFHTXHVHXOHPHQW

V·DIILFKH
(QIRQFH]HWWHQH]HQIRQFpHVOHVWRXFKHV%52,/+,
/2JULOOHUjKDXWHEDVVHWHPSpUDWXUHHW%$.(
FXLVVRQHQPrPHWHPSVMXVTX·jFHTXHO·DIILFKDJH
LQGLTXH6)
(QIRQFH]ODWRXFKH'(/$<67$57GpPDUUDJH
UHWDUGpMXVTX·jFHTXHVKGQDUUrWRXQR
VKGQDXFXQDUUrWV·DIILFKH
&KRLVLVVH]VKGQLQGLTXDQWTXHOHIRXUV·pWHLQGUD
DXWRPDWLTXHPHQWDSUqVKHXUHVRXQRVKGQ
DXFXQDUUrWLQGLTXDQWTXH
OHIRXUQHV·pWHLQGUDSDVDXWRPDWLTXHPHQWDSUqV
KHXUHV
(QIRQFH]ODWRXFKH67$57GpPDUUHUORUVTXH
O·RSWLRQTXHYRXVGpVLUH]V·DIILFKHVKGQRXQR
VKGQ
5(0$548(V·LO\DXQHSDQQHGHFRXUDQWWDQGLVTXH
OHIRXUHVWVRXVODIRQFWLRQ6DEEDWKOHIRXUV·pWHLQGUD
DXWRPDWLTXHPHQWHWUHVWHUDpWHLQWPrPHDXUHWRXUGX
FRXUDQW/HFRQWU{OHGXIRXUGRLWrWUHUpLQLWLDOLVp
+

8WLOLVHUODIRQFWLRQ6DEEDWK
&RQoXHSRXUOH6DEEDWKHWOHV*UDQGHV)rWHVMXLYHV
/DIRQFWLRQ6DEEDWKSHXWVHUYLUVHXOHPHQWVRXVFXLUHU{WLU(OOHQHSHXWVHUYLUSRXUODFRQYH[LRQJULODXWRQHWWR\DJHRXGpPDUUDJHUHWDUGp
5(0$548(ODOXPLqUHGXIRXUV·DOOXPHDXWRPDWLTXHPHQWORUVTXHODSRUWHV·RXYUHHWV·pWHLQWORUVTX·HOOHVHIHUPH/·DPSRXOHSHXWrWUHUHWLUpH
5HSRUWH]YRXVjODVHFWLRQ5HPSODFHUODOXPLqUHGXIRXU6XUOHVPRGqOHVjFRPPXWDWHXUVXUOHSDQQHDXGHFRQWU{OHODOXPLqUHGXIRXUSHXWrWUH
DOOXPpHHWODLVVpHDOOXPpH
&RPPHQWUpJOHUOHIRXUSRXUFXLVLQHURXU{WLUGHPDQLqUHUpJXOLqUH
$VVXUH]YRXVTXHO·KRUORJHPRQWUHODERQQHKHXUHHW
TXHOHIRXUHVWpWHLQW
(QIRQFH]HWWHQH]HQIRQFpHVOHVWRXFKHV%52,/
+,/2JULOOHUjKDXWHEDVVHWHPSpUDWXUHHW
%$.(FXLVVRQHQPrPHWHPSVMXVTX·jFHTXH
O·DIILFKDJHLQGLTXH6)
5(0$548(VLEDNHFXLVVRQRXEURLOJULOOHU
V·DIILFKHOHVWRXFKHV%52,/+,/2JULOOHUj
KDXWHEDVVHWHPSpUDWXUHHW%$.(FXLVVRQ
Q·RQWSDVpWpHQIRQFpHVHQPrPHWHPSV
(QIRQFH]ODWRXFKH&/($52))DQQXODWLRQDUUrW
HWUHFRPPHQFH]
(QIRQFH]ODWRXFKH'(/$<67$57GpPDUUDJH
UHWDUGpMXVTX·jFHTXH6$EE$W+V·DIILFKH
(QIRQFH]ODWRXFKH67$57GpPDUUHUHW
V·DIILFKH
(QIRQFH]ODWRXFKH%$.(FXLVVRQ$XFXQVLJQDO
GRQQp
8WLOLVH]OHVWRXFKHVQXPpULTXHVHWHQWUH]OD
WHPSpUDWXUHYRXOXHHQWUH&HW&)
HW)$XFXQVLJQDORXWHPSpUDWXUHDIILFKp
(QIRQFH]ODWRXFKH67$57GpPDUUHU
$SUqVXQHSpULRGHGHGpODLDOpDWRLUHG·HQYLURQ
VHFRQGHVjPLQXWH
V·DIILFKHUDLQGLTXDQW
TXHOHIRXUHVWjFXLUHU{WLU6L
QHV·DIILFKH
SDVFRPPHQFH]jQRXYHDXjO·pWDSH
3RXUDMXVWHUODWHPSpUDWXUHGXIRXUHQIRQFH]
ODWRXFKH%$.(FXLVVRQHWHQWUH]ODQRXYHOOH
WHPSpUDWXUHXWLOLVDQWOHVWRXFKHVQXPpULTXHVHW
HQIRQFH]ODWRXFKH67$57GpPDUUHU
5(0$548(/HVWRXFKHV&/($52))DQQXODWLRQ
DUUrWHW&22.,1*7,0(WHPSVGHFXLVVRQ
IRQFWLRQQHURQWGXUDQWODIRQFWLRQ6DEEDWK
&RPPHQWUpJOHUFXLUHU{WLUjPLQXWHULH²GpPDUUDJHLPPpGLDWHWDUUrWDXWRPDWLTXH
$VVXUH]YRXVTXHO·KRUORJHPRQWUHODERQQHKHXUHHWTXH
OHIRXUHVWpWHLQW
(QIRQFH]HWWHQH]HQIRQFpHVOHVWRXFKHV%52,/+,
/2JULOOHUjKDXWHEDVVHWHPSpUDWXUHHW%$.(
FXLVVRQHQPrPHWHPSVMXVTX·jFHTXHO·DIILFKDJH
LQGLTXH6)
5(0$548(VLEDNHFXLVVRQRXEURLOJULOOHU
V·DIILFKHOHVWRXFKHV%52,/+,/2JULOOHUjKDXWH
EDVVHWHPSpUDWXUHHW%$.(FXLVVRQQ·RQWSDVpWp
HQIRQFpHVHQPrPHWHPSV(QIRQFH]ODWRXFKH
&/($52))DQQXODWLRQDUUrWHWUHFRPPHQFH]
(QIRQFH]ODWRXFKH'(/$<67$57GpPDUUDJH
UHWDUGpMXVTX·jFHTXH6$EE$W+V·DIILFKH
(QIRQFH]ODWRXFKH67$57GpPDUUHUHW
V·DIILFKH
(QIRQFH]ODWRXFKH&22.,1*7,0(WHPSVGH
FXLVVRQ
(QIRQFH]OHVWRXFKHVQXPpULTXHVSRXUFKRLVLUOD
GXUpHGHFXLVVRQYRXOXHHQWUHPLQXWHHWKHXUHV
HWPLQXWHV/HWHPSVGHFXLVVRQHQWUpV·DIILFKHUD
(QIRQFH]ODWRXFKH67$57GpPDUUHU
(QIRQFH]ODWRXFKH%$.(FXLVVRQ
$XFXQVLJQDOGRQQp
8WLOLVH]OHVWRXFKHVQXPpULTXHVHWHQWUH]
ODWHPSpUDWXUHYRXOXH$XFXQVLJQDORXWHPSpUDWXUH
DIILFKp
(QIRQFH]ODWRXFKH67$57GpPDUUHU
$SUqVXQHSpULRGHGHGpODLDOpDWRLUHG·HQYLURQ
VHFRQGHVjPLQXWH
V·DIILFKHUDLQGLTXDQWTXH
OHIRXUHVWjFXLUHU{WLU6L
QHV·DIILFKHSDV
FRPPHQFH]jQRXYHDXjO·pWDSH
3RXUDMXVWHUODWHPSpUDWXUHGXIRXUHQIRQFH]
ODWRXFKH%$.(FXLVVRQHWHQWUH]ODQRXYHOOHWHPSpUDWXUH
XWLOLVDQWOHVWRXFKHVQXPpULTXHVHWHQIRQFH]ODWRXFKH
67$57GpPDUUHU
ODILQGHODFXLVVRQO·DIILFKDJHFKDQJHUDGH
j
HWDSSDUDvWUDLQGLTXDQWTXHOHIRXUHVWpWHLQWPDLV
HQFRUHUpJOpj6DEEDWK5HWLUH]OHVDOLPHQWV
/RUVTXHO·DIILFKDJHLQGLTXHOH
IRXUHVWUpJOpj6DEEDWK/RUVTXH
O·DIILFKDJHLQGLTXH
OHIRXUHVW
UpJOpjFXLUHU{WLU
/RUVTXHO·DIILFKDJHLQGLTXH
OH
IRXUHVWUpJOpj6DEEDWK/RUVTXH
O·DIILFKDJHLQGLTXH
OHIRXUHVW
UpJOpjFXLUHU{WLU
Loading ...
Loading ...
Loading ...