Whirlpool S20E RWW1V-A/G Manuel utilisateur
									PDF
									
										
										Descargar
									
							
									Documento
									
								
							33733122FR.fm Page 3 Monday, November 29, 2004 5:20 PM
02'(' (03/2,
'(6&5,37,21'(/ $33$5(,/
$9$17' 87,/,6(5/(352'8,7
&216(,/63285/$3527(&7,21'(
/ (19,5211(0(17
35e&$87,216(75(&200$1'$7,216
*e1e5$/(6
&200(17)$,5()21&7,211(5/(
&203$57,0(175e)5,*e5$7(85
&21*e/$7(85
&21*e/$7,21
0$1,38/$7,21'(6e/e0(176­
/ ,17e5,(85
(175(7,(1(71(772<$*(
35e&$87,216(1&$6' $%6(1&(
352/21*e(
',$*1267,&5$3,'($66,67$1&(
33733122FR.fm Page 4 Monday, November 29, 2004 5:20 PM
'(6&5,37,21'(/ $33$5(,/
&RPSDUWLPHQWFRQJpODWHXU
7 *ULOOHV
8 3HWLWEDF VHORQOHVPRGqOHV
9 *UDQGEDF
< %DOFRQQHWFRQWUHSRUWHIUHH]HU
= eFODLUDJHLQWpULHXUVXSpULHXU HWLQIpULHXUVHORQ
OHVPRGqOHV
&RPSDUWLPHQWUpIULJpUDWHXU
$ eFODLUDJHLQWpULHXUEDQGHDXGHFRPPDQGHV
% eFODLUDJHLQWHUPpGDLUH VHORQOHVPRGqOHV
& &OD\HWWHUpJODEOH
' &RXYHUFOHGXEDF
( %DF VHORQOHVPRGqOHV
) %DFjOpJXPHV
* 5pJODJHGXEDFjOpJXPHV
+ %DFjYLDQGH
, 5pJODJHGXEDFjYLDQGH
/ &RPSDUWLPHQW
0 %DOFRQQHW DYHFFDOHERXWHLOOHVVHORQOHV
PRGqOHV
1 %DOFRQQHWO DYHFFDOHERXWHLOOHVVHORQOHV
PRGqOHV
2 %DOFRQQHWO
3 &ORLVRQLQWHUQH VHORQOHVPRGqOHV
4 &RPSDUWLPHQWSRXU±XIV
33733122FR.fm Page 5 Monday, November 29, 2004 5:20 PM
$9$17' 87,/,6(5/(352'8,7
 /HSURGXLWTXHYRXVDYH]DFKHWpHVWXQDSSDUHLO
pOHFWURPpQDJHUFRQoXSRXUXVDJH
H[FOXVLYHPHQWGRPHVWLTXH
3RXUXWLOLVHUDXPLHX[YRWUHDSSDUHLOQRXV
YRXVLQYLWRQVjOLUHDWWHQWLYHPHQWVRQPRGH
G HPSORLRYRXVWURXYHUH]VDGHVFULSWLRQHW
GHVFRQVHLOVSRXUODFRQVHUYDWLRQGHV
DOLPHQWV
*DUGH]FHWWHQRWLFHHQOLHXVUSRXUWRXWH
FRQVXOWDWLRQIXWXUH
$SUqVDYRLUGpEDOOpO DSSDUHLODVVXUH]YRXV
TX LOQ HVWSDVHQGRPPDJpHWTXHOHVSRUWHV
IHUPHQWSDUIDLWHPHQW7RXWGRPPDJH
pYHQWXHOGHYUDrWUHVLJQDOpDXUHYHQGHXUGDQV
XQGpODLGHKHXUHV
1RXVFRQVHLOORQVG DWWHQGUHDXPRLQVGHX[
KHXUHVDYDQWGHPHWWUHO DSSDUHLOHQVHUYLFH
SRXUSHUPHWWUHDXFLUFXLWGHUHIURLGLVVHPHQW
G rWUHSHUIRUPDQW
9HLOOH]jFHTXHO LQVWDOODWLRQHWOHUDFFRUGHPHQW
pOHFWULTXHVRLHQWUpDOLVpVSDUXQWHFKQLFLHQ
TXDOLILpVHORQOHVLQVWUXFWLRQVGXIDEULFDQWHW
FRQIRUPpPHQWDX[QRUPHVORFDOHVGHVpFXULWp
1HWWR\H]O LQWpULHXUGHO DSSDUHLODYDQWGHO XWLOLVHU
&216(,/63285/$3527(&7,21'(
/ (19,5211(0(17
(PEDOODJH
/ HPEDOODJHHVWUHF\FODEOHjHWSRUWHOH
V\PEROHGXUHF\FODJH3RXUVRQpOLPLQDWLRQ
UHVSHFWH]OHVUpJOHPHQWDWLRQVORFDOHV
/HVPDWpULDX[G HPEDOODJH VDFKHWVHQSODVWLTXH
pOpPHQWVHQSRO\VW\UqQHHWF GRLYHQWrWUH
WHQXVKRUVGHSRUWpHGHVHQIDQWVFDULOV
FRQVWLWXHQWXQHVRXUFHSRWHQWLHOOHGHGDQJHU
0LVHDXUHEXWGHO DSSDUHLO
/HUpIULJpUDWHXUDpWpIDEULTXpDYHFGHV
PDWpULDX[UHF\FODEOHV
$YDQWGHYRXVGpEDUUDVVHUGHO DSSDUHLOUHQGH]
OHLQXWLOLVDEOHHQFRXSDQWOHFRUGRQ
G DOLPHQWDWLRQGpPRQWH]OHVSRUWHVHWUHWLUH]
OHVFOD\HWWHVDILQTXHOHVHQIDQWVQHSXLVVHQWSDV
UHVWHUHPSULVRQQpVjO LQWpULHXU
3RXUODPLVHDXUHEXWUHVSHFWH]OHVQRUPHVHW
UpJOHPHQWDWLRQVORFDOHVUHODWLYHVjO pOLPLQDWLRQ
GHVGpFKHWVHWWUDQVSRUWH]O DSSDUHLOGDQVXQH
GpFKHWWHULHQHODLVVH]SDVO DSSDUHLOVDQV
VXUYHLOODQFHPrPHTXHOTXHVMRXUVSDUFHTX LO
FRQVWLWXHXQHVRXUFHSRWHQWLHOOHGHGDQJHUSRXU
XQHQIDQW
,QIRUPDWLRQV
&HWDSSDUHLOQHFRQWLHQWSDVGH&)& OHFLUFXLWGH
UHIURLGLVVHPHQWFRQWLHQWGX5D QLGH+)& OH
FLUFXLWGHUHIURLGLVVHPHQWFRQWLHQWGX5D 3RXUOHVDSSDUHLOVFRQWHQDQWGHO LVREXWDQH 5D / LVREXWDQHHVWXQJD]QDWXUHOVDQVGDQJHUSRXU
O HQYLURQQHPHQWPDLVLOHVWLQIODPPDEOH,OHVW
GRQFLQGLVSHQVDEOHGHYRXVDVVXUHUTXHOHVWX\DX[
GXFLUFXLWGHUHIURLGLVVHPHQWVRQWHQSDUIDLWpWDW
672&.$*('(6'(15e(6'$16
/(65e)5,*e5$7(856(75Ë*/(6
' +<*,Ë1($/,0(17$,5(
/DFRQVRPPDWLRQFURLVVDQWHGHSODWVSUpSDUpV
HWG DXWUHVDOLPHQWVIUDJLOHVVHQVLEOHVHQ
SDUWLFXOLHUDXQRQUHVSHFWGHODFKDvQHGX
IURLG UHQGQpFHVVDLUHXQHPHLOOHXUHPDvWULVH
GHODWHPSpUDWXUHGHWUDQVSRUWHWGHVWRFNDJH
GHFHVSURGXLWV
­ODPDLVRQOHERQXVDJHGXUpIULJpUDWHXUHWOH
UHVSHFWGHUqJOHVG·K\JLqQHULJRXUHXVHV
FRQWULEXHURQWGHIDoRQVLJQLILFDWLYHHWHIILFDFHj
O DPpOLRUDWLRQGHODFRQVHUYDWLRQGHVDOLPHQWV
0$Í75,6('(/$7(03e5$785(
 6WRFNH]OHVDOLPHQWVOHVSOXVVHQVLEOHVGDQVOD
]RQHODSOXVIURLGHGHO DSSDUHLOFRQIRUPpPHQW
DX[LQGLFDWLRQVILJXUDQWGDQVFHWWHQRWLFH
 $WWHQGH]OHFRPSOHWUHIURLGLVVHPHQWGHV
SUpSDUDWLRQVDYDQWGHOHVVWRFNHU H[HPSOH
VRXSH  /LPLWH]OHQRPEUHG RXYHUWXUHVGHODSRUWH
HWHQWRXWpWDWGHFDXVHQHSDVODODLVVHU
RXYHUWHWURSORQJWHPSVSRXUpYLWHUXQH
UHPRQWpHHQWHPSpUDWXUHGXUpIULJpUDWHXU
 3RVLWLRQQH]ODFRPPDQGHGHUpJODJHGX
WKHUPRVWDWGHIDoRQjREWHQLUXQHWHPSpUDWXUH
SOXVEDVVH&HUpJODJHGRLWVHIDLUH
SURJUHVVLYHPHQWDILQGHQHSDVSURYRTXHUOHJHO
GHVGHQUpHV
 /DPHVXUHGHODWHPSpUDWXUHG XQH]RQH
FOD\HWWHSDUH[HPSOHSHXWVHIDLUHDXPR\HQ
G XQWKHUPRPqWUHSODFpGqVOHGpSDUWGDQVXQ
UpFLSLHQWUHPSOLG HDX YHUUH 3RXUrWUHILGqOH
HWUHSUpVHQWDWLYHGHFHTXLVHSDVVHjO LQWpULHXU
GHO DSSDUHLOODOHFWXUHGHODWHPSpUDWXUHGRLW
rWUHIDLWHDSUqVTXHOTXHVKHXUHVGHVWDELOLVDWLRQ
GHO HQVHPEOHSDUH[HPSOHOHPDWLQjOD
SUHPLqUHRXYHUWXUHGHODSRUWH
33733122FR.fm Page 6 Monday, November 29, 2004 5:20 PM
5(63(&7'(65Ë*/(6' +<*,Ë1(
$/,0(17$,5(
 5HWLUH]OHVHPEDOODJHVGXFRPPHUFHDYDQWGH
SODFHUOHVDOLPHQWVGDQVOHUpIULJpUDWHXU
H[HPSOH HPEDOODJHVGHVSDFNVGH\DRXUWV  (PEDOOH]V\VWpPDWLTXHPHQWODQRXUULWXUHSRXU
pYLWHUTXHOHVGHQUpHVQHVHFRQWDPLQHQW
PXWXHOOHPHQW
 'LVSRVH]OHVDOLPHQWVGHWHOOHVRUWHTXHO DLU
SXLVVHFLUFXOHUOLEUHPHQWWRXWDXWRXU
 &RQVXOWH]ODQRWLFHG XWLOLVDWLRQGHO DSSDUHLOHQ
WRXWHVFLUFRQVWDQFHVHWHQSDUWLFXOLHUSRXUOHV
FRQVHLOVG HQWUHWLHQ
 1HWWR\H]IUpTXHPPHQWO LQWpULHXUGX
UpIULJpUDWHXUHQXWLOLVDQWXQSURGXLWG HQWUHWLHQ
GRX[VDQVHIIHWR[\GDQWVXUOHVSDUWLHV
PpWDOOLTXHVSXLVULQFHUDYHFGHO HDXDGGLWLRQQpH
GHMXVGHFLWURQGHYLQDLJUHEODQFRXDYHFWRXW
SURGXLWGpVLQIHFWDQWDGDSWpDXUpIULJpUDWHXU
 6HODYHUOHVPDLQVDYDQWGHWRXFKHUOHVDOLPHQWVHW
SOXVLHXUVIRLVSHQGDQWODSUpSDUDWLRQGXUHSDVVL
FHOOHFLLPSOLTXHGHVPDQLSXODWLRQVVXFFHVVLYHVGH
SURGXLWVGLIIpUHQWVHWDSUqVELHQVUDXPRPHQW
GHSDVVHUjWDEOHFRPPHOHVUqJOHVG K\JLqQH
O LPSRVHQW
 1HSDVUpXWLOLVHUGHVXVWHQVLOHVD\DQWGpMjVHUYL
SDUH[HPSOHFXLOOqUHHQERLVSODQFKHjGpFRXSHU
VDQVOHVDYRLUELHQQHWWR\pVDXSUpDODEOH  &KDvQHGXIURLGPDLQWLHQVDQVUXSWXUHGHOD
WHPSpUDWXUHUHTXLVHG XQSURGXLWGHSXLVVD
SUpSDUDWLRQHWVRQFRQGLWLRQQHPHQWMXVTX jVRQ
XWLOLVDWLRQSDUOHFRQVRPPDWHXU
'pFODUDWLRQGHFRQIRUPLWp
 &HWDSSDUHLOHVWGHVWLQpjODFRQVHUYDWLRQGH
SURGXLWVDOLPHQWDLUHVHWDpWpIDEULTXp
FRQIRUPpPHQWDX['LUHFWLYHVHXURSpHQQHV
&((&((HW&((
 &HWDSSDUHLODpWpFRQoXIDEULTXpHW
FRPPHUFLDOLVpFRQIRUPpPHQWDX[
REMHFWLIVGHVpFXULWpGHOD'LUHFWLYHHXURSpHQQH
´%DVVH7HQVLRQµQ
FRQGLWLRQVUHTXLVHVHQPDWLqUHGHSURWHFWLRQGHOD
'LUHFWLYH´(0&µ&((PRGLILpHSDUOD
'LUHFWLYH&((
ODVpFXULWppOHFWULTXHGHO DSSDUHLOQ HVWJDUDQWLH
TXHV LOHVWFRUUHFWHPHQWUHOLpjXQV\VWqPHGH
PLVHjODWHUUHFRQIRUPHjODORL
33733122FR.fm Page 7 Monday, November 29, 2004 5:20 PM
35e&$87,216(75(&200$1'$7,216
*e1e5$/(6
 1 XWLOLVH]OHFRPSDUWLPHQWUpIULJpUDWHXUTXH
SRXUODFRQVHUYDWLRQG DOLPHQWVIUDLVHWOH
FRPSDUWLPHQWFRQJpODWHXUTXHSRXUOD
FRQVHUYDWLRQG DOLPHQWVVXUJHOpVOD
FRQJpODWLRQG DOLPHQWVIUDLVHWODSURGXFWLRQ
GHJODFH
 $SUqVO LQVWDOODWLRQYpULILH]TXHOH
UpIULJpUDWHXUQ HVWSDVSRVpVXUOHFRUGRQ
G DOLPHQWDWLRQ
 1 LQWURGXLVH]SDVGHUpFLSLHQWVHQYHUUH
FRQWHQDQWGHVOLTXLGHVGDQVOHFRQJpODWHXU
FDULOVSRXUUDLHQWH[SORVHU
 1HSRUWH]SDVjODERXFKHGHVJODoRQVRXGHV
VRUEHWVjSHLQHVRUWLVGXFRQJpODWHXUFDUYRXV
ULVTXHULH]GHYRXVEUOHU
 1 HIIHFWXH]DXFXQHRSpUDWLRQG HQWUHWLHQRX
GHQHWWR\DJHVDQVDYRLUG DERUGGpEUDQFKpOH
FRUGRQG DOLPHQWDWLRQGHO DSSDUHLORXFRXSp
OHFRXUDQW
 $VVXUH]YRXVTXHOHUpIULJpUDWHXUHVWjO pFDUW
GHWRXWHVRXUFHGHFKDOHXU
 1 HQWUHSRVH]SDVHWQ XWLOLVH]SDVG HVVHQFH
GHOLTXLGHVRXGHJD]LQIODPPDEOHVj
SUR[LPLWpGXUpIULJpUDWHXURXGHWRXWDXWUH
DSSDUHLOPpQDJHU/HVpPDQDWLRQVSHXYHQW
SURYRTXHUXQULVTXHG LQFHQGLHRX
G H[SORVLRQ
 /DLVVH]XQHVSDFHGHFPGHSDUWHWG DXWUH
GHO DSSDUHLOHWDXGHVVXVGHFHOXLFLDILQ
G DVVXUHUXQHYHQWLODWLRQFRUUHFWH
 9HLOOH]jQHSDVFRXYULURXERXFKHUOHVJULOOHV
G DpUDWLRQGHO DSSDUHLORXGHODVWUXFWXUHj
HQFDVWUHU
 7RXVOHVDSSDUHLOVpTXLSpVGHGLVWULEXWHXUVGH
JODFHHWGHGLVWULEXWHXUVG HDXGRLYHQWrWUH
UHOLpVjXQHDUULYpHG HDXTXLIRXUQLW
XQLTXHPHQWGHO HDXSRWDEOH/HV
GLVWULEXWHXUVGHJODFHHWRXG HDXTXLQHVRQW
SDVEUDQFKpVGLUHFWHPHQWjXQHDUULYpHG HDX
GRLYHQWrWUHUHPSOLVXQLTXHPHQWDYHFGHO HDX
SRWDEOH
 ,QVWDOOH]OHUpIULJpUDWHXUHWPHWWH]OHGH
QLYHDXVXUXQVROTXLHQVXSSRUWHUDOHSRLGVHW
GDQVXQHSLqFHDGDSWpHjVDWDLOOHHWjVRQ
XWLOLVDWLRQ
 1 XWLOLVH]SDVOHUpIULJpUDWHXUGDQVXQHSLqFH
RODWHPSpUDWXUHDPELDQWHSHXWWRPEHUHQ
GHVVRXVGH&3ODFH]O DSSDUHLOGDQVXQ
HQGURLWVHFHWELHQDpUp
 /RUVTXHYRXVGpSODFH]O DSSDUHLOIDLWHV
DWWHQWLRQjQHSDVUD\HUOHVRO
SDUH[SDUH[HPSOH  1 XWLOLVH]SDVG DFFHVVRLUHVSRXUDFFpOpUHUOH
GpJLYUDJHDXWUHVTXHFHX[FRQVHLOOpVSDUOH
IDEULFDQW
 )DLWHVDWWHQWLRQjQHSDVHQGRPPDJHUOH
FLUFXLWGHUHIURLGLVVHPHQW
 1 XWLOLVH]SDVG DSSDUHLOVpOHFWULTXHVj
O LQWpULHXUGHVFRPSDUWLPHQWVGHFRQVHUYDWLRQ
G DOLPHQWVFRQJHOpVGHO DSSDUHLOVLFHV
DSSDUHLOVQHVRQWSDVUHFRPPDQGpVSDUOH
IDEULFDQW
 / DSSDUHLOQ HVWSDVSUpYXSRXUrWUHXWLOLVpVDQV
VXUYHLOODQFHSDUGHVMHXQHVHQIDQWVRXGHV
SHUVRQQHVKDQGLFDSpHV
 3RXUpYLWHUWRXWULVTXHG pWRXIIHPHQWHW
G HPSULVRQQHPHQWLQWHUGLVH]DX[HQIDQWVGH
MRXHURXGHVHFDFKHUjO LQWpULHXUGH
O DSSDUHLO
 /HFRUGRQpOHFWULTXHGRLWH[FOXVLYHPHQWrWUH
UHPSODFpSDUXQWHFKQLFLHQDJUpp
 1 XWLOLVH]SDVG DGDSWDWHXUVGHUDOORQJHVRX
GHSULVHVPXOWLSOHV
 /DPLVHKRUVWHQVLRQGHO DSSDUHLOGRLWSRXYRLU
VHIDLUHHQGpEUDQFKDQWODILFKHGHO DSSDUHLO
RXjO DLGHG XQLQWHUUXSWHXUELSRODLUHPRQWp
HQDPRQWGHODSULVH
 1 DYDOH]SDVOHOLTXLGH DWR[LTXH FRQWHQX
GDQVOHVDFFXPXODWHXUVGHIURLG HQOHXU
SUpVHQFH 33733122FR.fm Page 8 Monday, November 29, 2004 5:20 PM
&200(17)$,5()21&7,211(5/(
&203$57,0(175e)5,*e5$7(85
&21*e/$7(85
 %UDQFKH]O DSSDUHLOjO DOLPHQWDWLRQpOHFWULTXH YRLUPDQXHO
G LQVWDOODWLRQ
 /RUVTXHYRXVEUDQFKH]O DSSDUHLODXVHFWHXUO DIILFKDJHGX
FRQJpODWHXULQGLTXHGHX[WLUHWVWDQWTXHODWHPSpUDWXUH
RSWLPDOHGHIRQFWLRQQHPHQWQ HVWSDVDWWHLQWH/ DIILFKHXUGX
UpIULJpUDWHXULQGLTXHXQHWHPSpUDWXUHGH&
SURJUDPPpHHQXVLQH
 /RUVTXHO DSSDUHLOHVWFKDXGOHYR\DQWURXJHG DODUPHFOLJQRWH
HWOHVLJQDOVRQRUHHVWpPLV&HODVLJQLILHTXHO DSSDUHLOQ DSDV
HQFRUHDWWHLQWOHVWHPSpUDWXUHVRSWLPDOHVSRXUOD
FRQVHUYDWLRQGHVDOLPHQWV
 $SSX\H]VXUODWRXFKHGHUHPLVHj]pUR
SRXUGpVDFWLYHU
OHVLJQDOVRQRUH
 /HYR\DQWURXJH
FHVVHUDGHFOLJQRWHUGqVTXHOH
FRPSDUWLPHQWFRQJpODWHXUDXUDDWWHLQWXQHWHPSpUDWXUH
LQIpULHXUHDSSURSULpHjODFRQVHUYDWLRQGHVDOLPHQWV/H
FRQJpODWHXUHVWDORUVSUrWjUHFHYRLUGHVDOLPHQWV
 $SUqVODPLVHHQPDUFKHjKHXUHVHQYLURQVRQW
QpFHVVDLUHVDYDQWTXHODWHPSpUDWXUHGHFRQVHUYDWLRQ
DGpTXDWHVRLWDWWHLQWHVLOHFRPSDUWLPHQWUpIULJpUDWHXUHVW
QRUPDOHPHQWFKDUJp
$77(17,216LYRXVLQWURGXLVH]GHVDOLPHQWVGDQVOH
UpIULJpUDWHXUDYDQWVRQUHIURLGLVVHPHQWFRPSOHWFHVDOLPHQWV
SHXYHQWVHGpWpULRUHU,OHVWLQXWLOHGHUpJOHUOHVFRPPDQGHV
UpIULJpUDWHXUHWFRQJpODWHXUVXUXQHWHPSpUDWXUHLQIpULHXUHj
ODWHPSpUDWXUHUHFRPPDQGpHOHVFRPSDUWLPHQWVQHVH
UHIURLGLURQWSDVSOXVUDSLGHPHQW
 'DQVOHFRPSDUWLPHQWUpIULJpUDWHXUpYLWH]GHUDQJHUOHV
DOLPHQWVjSUR[LPLWpGHVRXYHUWXUHVG DpUDWLRQ
 8QGLVSRVLWLILQWpJUpGHFRQWU{OHGHO KXPLGLWpH[WpULHXUH
HPSrFKHODIRUPDWLRQGHFRQGHQVDWLRQVXUOHVERUGVIURQWDX[
GHO DSSDUHLO,OQ \DSDVOLHXGHV LQTXLpWHUVLOHVERUGVGH
O DSSDUHLOVRQWSDUIRLVFKDXGVDXWRXFKHU
 / pFODLUDJHLQWpULHXUV DOOXPHjO RXYHUWXUHGHVGHX[SRUWHV
33733122FR.fm Page 9 Monday, November 29, 2004 5:20 PM
6pOHFWLRQGHVGLIIpUHQWHVIRQFWLRQV
6WDQG%\
6LYRXVDSSX\H]VXUODWRXFKH
O DSSDUHLOVHPHWHQ
FRQGLWLRQGHVWDQGE\&HWWHIRQFWLRQVHUWjGpVDFWLYHUOH
FRPSDUWLPHQWUpIULJpUDWHXUHWFRQJpODWHXU
/DIRQFWLRQVWDQGE\HVWHIIHFWLYHPHQWDFWLYpHORUVTXHGHX[
SRLQWVYHUWVDSSDUDLVVHQWVXUOHVGHX[DIILFKDJHV
3RXUUpDFWLYHUODIRQFWLRQSURFpGH]GHODPrPHIDoRQMXVTX j
FHTXHOHVGHX[DIILFKDJHVLQGLTXHQWOHVWHPSpUDWXUHV
SUpDODEOHPHQWSURJUDPPpHV/RUVTXHO DSSDUHLOHVWHQVWDQG
E\O pFODLUDJHLQWHUQHQHIRQFWLRQQHQLGDQVOHFRPSDUWLPHQW
UpIULJpUDWHXUQLGDQVOHFRPSDUWLPHQWFRQJpODWHXU
,OHVWERQGHUDSSHOHUTX DXFRXUVGHFHWWHRSpUDWLRQ
O DSSDUHLOHVWPDLQWHQXVRXVWHQVLRQ
&RQJpODWLRQUDSLGH
&HWWHIRQFWLRQGRLWrWUHDFWLYpHDYDQWGHSURFpGHUjOD
FRQJpODWLRQG DOLPHQWVIUDLV/DIRQFWLRQHVWDFWLYpHORUVTXH
YRXVDSSX\H]VXUODWRXFKHTXLV DOOXPHHQMDXQH(OOHHVW
DXWRPDWLTXHPHQWGpVDFWLYpHDSUqVXQHGXUpHGHKHXUHV
RXPDQXHOOHPHQWHQDSSX\DQWjQRXYHDXVXUODWRXFKH
/RUVTXHODIRQFWLRQHVWDFWLYpHODIHUPHWXUHjFRXOLVVHGXEDF
jYLDQGHGRLWrWUHSRVLWLRQQpHVXU´OpJXPHVµ
$IILFKHXUGXFRPSDUWLPHQWFRQJpODWHXU
$IILFKHODWHPSpUDWXUHSURJUDPPpHjO LQWpULHXUGX
FRPSDUWLPHQWFRQJpODWHXU
/D7SURJUDPPpHHVWPpPRULVpHHWUHVWDXUpH
DXWRPDWLTXHPHQWPrPHDSUqVXQHFRXSXUHGHFRXUDQWRX
O H[WLQFWLRQGHO DSSDUHLOSDUDFWLYDWLRQGHODWRXFKHVWDQGE\
6pOHFWLRQHWUpJXODWLRQGHODWHPSpUDWXUHGX
FRPSDUWLPHQWFRQJpODWHXU
6LYRXVVRXKDLWH]PRGLILHUODWHPSpUDWXUHLQWpULHXUHGX
UpIULJpUDWHXUDSSX\H]VXUODWRXFKH MXVTX jFHTXHYRXV
DWWHLJQH]ODWHPSpUDWXUHVRXKDLWpHTXLV DIILFKHUD
$IILFKDJHGXFRPSDUWLPHQWUpIULJpUDWHXU
$IILFKHODWHPSpUDWXUHSURJUDPPpHjO LQWpULHXUGX
FRPSDUWLPHQWUpIULJpUDWHXU
/D7SURJUDPPpHHVWPpPRULVpHHWUHVWDXUpHDXWRPDWLTXHPHQW
PrPHDSUqVXQHFRXSXUHGHFRXUDQWRXO H[WLQFWLRQGHO DSSDUHLO
SDUDFWLYDWLRQGHODWRXFKHVWDQGE\
6pOHFWLRQHWUpJXODWLRQGHODWHPSpUDWXUHGX
FRPSDUWLPHQWUpIULJpUDWHXU
6LYRXVVRXKDLWH]PRGLILHUODWHPSpUDWXUHLQWpULHXUHGX
UpIULJpUDWHXUDSSX\H]VXUODWRXFKH MXVTX jFHTXHYRXV
DWWHLJQH]ODWHPSpUDWXUHVRXKDLWpHTXLV DIILFKHUD
5HIURLGLVVHPHQWUDSLGH
$FWLYHHWDIILFKHO pWDWGHODIRQFWLRQ)DVW&RROLQJTXLVHUWj
DFFpOpUHUOHUHIURLGLVVHPHQWG DOLPHQWVIUDLVVWRFNpVGDQVOH
FRPSDUWLPHQWUpIULJpUDWHXU/DIRQFWLRQHVWDFWLYpHORUVTXH
YRXVDSSX\H]VXUODWRXFKHTXLV DOOXPHHQMDXQH(OOHHVW
DXWRPDWLTXHPHQWGpVDFWLYpHDSUqVXQHGXUpHGHKHXUHVRX
PDQXHOOHPHQWHQDSSX\DQWjQRXYHDXVXUODWRXFKH
33733122FR.fm Page 10 Monday, November 29, 2004 5:20 PM
6pOHFWLRQGHVGLIIpUHQWHVIRQFWLRQV
9DFDQFHV
&HWWHIRQFWLRQGpVDFWLYHODUpIULJpUDWLRQGXFRPSDUWLPHQW
UpIULJpUDWHXUHQFDVG DEVHQFHSURORQJpHGHO XWLOLVDWHXU9RXV
O DFWLYHUH]HQDSSX\DQWVXUODWRXFKH
TXLV DOOXPHUDHQ
MDXQH/D7Q HVWSOXVSUpVHQWHjO DIILFKDJHHWXQSRLQWYHUW
V DIILFKH$SSX\H]jQRXYHDXVXUODWRXFKHSRXUUpDFWLYHUOD
IRQFWLRQGHUpIULJpUDWLRQ
5HPDUTXHLPSRUWDQWH
'qVTXHYRXVDYH]DFWLYpFHWWHIRQFWLRQLOHVWQpFHVVDLUHGH
UHWLUHUOHVDOLPHQWVSpULVVDEOHVGXFRPSDUWLPHQWUpIULJpUDWHXU
HWGHODLVVHUODSRUWHIHUPpH
$ODUPHV
&HVLQGLFDWLRQVVRQWIRXUQLHVSDUOHGpFOHQFKHPHQWG XQ
VLJQDOVRQRUHHWSDUO DOOXPDJHGHYR\DQWVOXPLQHX[
/ DODUPHVRQRUHHVWPLVHKRUVVHUYLFHHQDSSX\DQWVXUOD
WRXFKH
$ODUPH7FRQJpODWHXU
8QVLJQDOVRQRUHHVWDFWLYpHWXQYR\DQWURXJHFOLJQRWH/HV
LQGLFDWLRQVGH7GHO DIILFKDJHVRQWUHPSODFpHVSDUGHX[
WLUHWV
/ DODUPHVHGpFOHQFKHTXDQG
 / DSSDUHLOHVWUHOLpSRXUODSUHPLqUHIRLVDXUpVHDX
pOHFWULTXHRXDSUqVXQHSpULRGHG LQDFWLYLWp
 /D7GXFRPSDUWLPHQWFRQJpODWHXUQ HVWSDVFRUUHFWH
 /DTXDQWLWpG DOLPHQWVjFRQJHOHUHVWVXSpULHXUHjFHOOH
LQGLTXpHVXUODSODTXHVLJQDOpWLTXH
 /DSRUWHGXFRQJpODWHXUHVWUHVWpHORQJWHPSVRXYHUWH
$ODUPH&RXSXUHGHFRXUDQW
/ DIILFKDJHGXFRQJpODWHXULQGLTXHOD7PD[LPXP
TXLFOLJQRWH DWWHLQWHSHQGDQWODFRXSXUHGHFRXUDQW
/HYR\DQWURXJHG DODUPHV DOOXPHHWOHVLJQDODFRXVWLTXHVH
GpFOHQFKHVLPXOWDQpPHQW
/ DODUPHVHGpFOHQFKHTXDQG
 ,O\DHXXQHSDQQHGHFRXUDQWGHORQJXHGXUpHHWOD7
LQWHUQHGXFRQJpODWHXUHVWUHPRQWpHjGHVQLYHDX[SRXYDQW
FRPSURPHWWUHODFRQVHUYDWLRQFRUUHFWHGHVDOLPHQWV
3RXUGpVDFWLYHUODIRQFWLRQG DODUPH
 $SSX\H]VXUODWRXFKHGHUHPLVHj]pUR
 /DWHPSpUDWXUHSURJUDPPpHV DIILFKH
5HPDUTXH
,OHVWFRQVHLOOpGHFRQWU{OHUO pWDWGHFRQVHUYDWLRQGHV
DOLPHQWVGDQVOHVGHX[FRPSDUWLPHQWVDYDQWGHSURFpGHUj
XQHQRXYHOOHFRQJpODWLRQRXGHFRQVRPPHUFHX[FL
$ODUPHGHIRQFWLRQQHPHQW
6LOHVLJQDOVRQRUHVHGpFOHQFKHHWTXHGHVOHWWUHVV DIILFKHQW
FRQWDFWH]YRWUH6HUYLFH$SUqVYHQWH:KLUOSRRO
33733122FR.fm Page 11 Monday, November 29, 2004 5:20 PM
6pOHFWLRQGHVGLIIpUHQWHVIRQFWLRQV
$ODUPH3RUWHGXFRQJpODWHXUUpIULJpUDWHXURXYHUWH
/HV\PEROHUHSUpVHQWDQWODSRUWHGXUpIULJpUDWHXU
FRQJpODWHXU RXOHVGHX[ FOLJQRWH YR\DQWYHUW HQPrPH
WHPSVTXHOHVLJQDOVRQRUHVHGpFOHQFKHHWTXHOHYR\DQW
URXJHV DOOXPH
/ DODUPHVHGpFOHQFKHTXDQG
 O XQHRXOHVGHX[SRUWHVVRQWUHVWpHVRXYHUWHVSHQGDQWSOXV
GH PLQXWHV/ DODUPHVRQRUHVHGpFOHQFKHjQRXYHDXVLOD
SRUWHUHVWHRXYHUWHSHQGDQWDXWUHVPLQXWHV
3RXUGpVDFWLYHUO DODUPH
)HUPH]ODOHVSRUWHVRXDSSX\H]VXUODWRXFKHGHUHPLVHj
]pUR
&21*e/$7,21
/HFRPSDUWLPHQWFRQJpODWHXUSRUWDQWOHV\PEROH
SHUPHW
ODFRQVHUYDWLRQGHVDOLPHQWVFRQJHOpVODFRQJpODWLRQG DOLPHQWV
IUDLVRXSUpFXLWV,OSHUPHWpJDOHPHQWGHIDEULTXHUGHVJODoRQV/D
FRQWUHSRUWHGXFRQJpODWHXUSRUWDQWOHV\PEROH HVW
SDUWLFXOLqUHPHQWDGDSWpHSRXUODFRQVHUYDWLRQGHJODFHVRX
G DOLPHQWVVXUJHOpVjFRQVRPPHUUDSLGHPHQW
/DTXDQWLWpG DOLPHQWVIUDLVTX LOHVWSRVVLEOHGHFRQJHOHUHQ
KHXUHVjXQHWHPSpUDWXUHDPELDQWHGH&HVWLQGLTXpHVXUOD
SODTXHVLJQDOpWLTXHSODFpHjO LQWpULHXUGXUpIULJpUDWHXU
3RXUREWHQLUXQHFRQJpODWLRQFRUUHFWHLOHVWFRQVHLOOpG HIIHFWXHU
XQHSUpFRQJpODWLRQHQDSSX\DQW VXUODWRXFKHGHFRQJpODWLRQ
UDSLGH$WWHQGH]KHXUHVDYDQWG LQWURGXLUHOHVDOLPHQWVj
FRQJHOHUVXUODSUHPLqUHFOD\HWWHVLWXpHHQKDXWGXFRQJpODWHXU
 /RUVTXHODIRQFWLRQGHFRQJpODWLRQUDSLGHHVWDFWLYpHOD
IHUPHWXUHjFRXOLVVHGRLWrWUHGpSODFpHYHUVODSRVLWLRQ
´OpJXPHVµ
33733122FR.fm Page 12 Monday, November 29, 2004 5:20 PM
0$1,38/$7,21'(6e/e0(176­/ ,17e5,(85
5HWUDLWHWPRGLILFDWLRQGHO HPSODFHPHQWGHVFOD\HWWHV
GDQVOHFRPSDUWLPHQWUpIULJpUDWHXUHWFRQJpODWHXU
/HVFOD\HWWHVSHXYHQWrWUHDUUDQJpHVVHORQYRVEHVRLQV
/HVFOD\HWWHVHQYHUUHVRQWVXIILVDPPHQWVROLGHVSRXUVXSSRUWHU
GHVERXWHLOOHVGHVEULTXHVGHODLWRXGHVDOLPHQWVORXUGVYHLOOH]
WRXWHIRLVjSRVHUFHVDOLPHQWVDYHFGpOLFDWHVVH
3RXUUHWLUHUXQHFOD\HWWH
7LUH]ODFOD\HWWHMXVTX jODEXWpHVRXOHYH]ODHWGpJDJH]OD
5HWUDLWGXEDFjIUXLWVHWOpJXPHVRXGXEDFjYLDQGH
 )DLWHVJOLVVHUOHEDFMXVTX jODEXWpH
 HQOHVRXWHQDQWG XQHPDLQVRXOHYH]OHEDFHWGpJDJH]OH
 OHEDFVRUWGHVHVUDLOVHWSHXWDORUVrWUHFRPSOqWHPHQWUHWLUp
 SRXUDFKHYHUOHUHWUDLWGXEDFLOVXIILWGHOHIDLUHSLYRWHUHQ
VRXOHYDQWO DYDQWHWHQDEDLVVDQWO DUULqUH
5HWUDLWGXFRXYHUFOHHQYHUUHGXEDF
 6RXOHYH]O DYDQWGXFDGUHGHFPHQVXLWHGHO DXWUHPDLQ
VRXOHYH]O DUULqUHGXFDGUHHWGpJDJH]OHFRXYHUFOH
3RXUUHSODFHUOHFRXYHUFOH
 ,QVpUH]O DUULqUHGXFDGUHGDQVOHVVXSSRUWVSODFpVVXUOHV
SDURLVGXUpIULJpUDWHXUHWDEDLVVH]OHSRXUOHUHPHWWUHHQ
SODFH
'LVSRVLWLIGHUpJXODWLRQGHODWHPSpUDWXUHGXEDFjYLDQGH
 / DLUIURLGSpQqWUHjO LQWpULHXUGXEDFjYLDQGHjWUDYHUVXQ
RULILFHDPpQDJpHQWUHOHFRPSDUWLPHQWUpIULJpUDWHXUHWOH
FRPSDUWLPHQWFRQJpODWHXU&HV\VWqPHSHUPHWGHPDLQWHQLU
XQHWHPSpUDWXUHSOXVIURLGHGDQVOHEDFjYLDQGHTXHGDQVOH
UHVWHGXUpIULJpUDWHXU,OHVWSRVVLEOHGHUpJOHUOHIOX[G DLU
JUkFHDXFRXOLVVHDXGHUpJXODWLRQ
 6LYRXVVRXKDLWH]FRQVHUYHUGHVOpJXPHVGDQVOHEDFjYLDQGH
IDLWHVJOLVVHUOHFRXOLVVHDXjIRQGYHUVODJDXFKHMXVTX jOD
SRVLWLRQOpJXPHV'HFHWWHIDoRQYRXVpYLWHUH]GHIDLUHJHOHU
OHVOpJXPHV
 /RUVTXHODIRQFWLRQGHFRQJpODWLRQUDSLGHHVWDFWLYpHOD
IHUPHWXUHjFRXOLVVHGRLWrWUHGpSODFpHYHUVODSRVLWLRQ
´OpJXPHVµ
'LVSRVLWLIGHUpJXODWLRQGHO KXPLGLWpGDQVOHEDFjIUXLWV
HWOpJXPHV
 /HGLVSRVLWLIGHUpJXODWLRQSHXWrWUHUpJOpVXUQ LPSRUWHTXHOOH
SRVLWLRQHQWUH HW  /DSRVLWLRQ pOLPLQHO DLUKXPLGHGXEDFSRXUXQHPHLOOHXUH
FRQVHUYDWLRQGHVIUXLWVHWGHVOpJXPHVjSHDX
 /DSRVLWLRQ PDLQWLHQWO DLUKXPLGHjO LQWpULHXUGXEDFSRXU
XQHPHLOOHXUHFRQVHUYDWLRQGHVOpJXPHVjIHXLOOHV
5HWUDLWGHVSDQLHUVGXFRPSDUWLPHQWFRQJpODWHXU
 )DLWHVJOLVVHUOHSDQLHUYHUVO H[WpULHXUMXVTX jODEXWpH
 6RXOHYH]O DYDQWGXSDQLHUDILQGHOHGpJDJHUGHO DUUrWRLU
 5HWLUH]FRPSOqWHPHQWOHSDQLHU
33733122FR.fm Page 13 Monday, November 29, 2004 5:20 PM
(175(7,(1(71(772<$*(
$YDQWWRXWHRSpUDWLRQGHQHWWR\DJHRXG HQWUHWLHQYHLOOH]
WRXMRXUVjGpEUDQFKH]O DSSDUHLORXjFRXSHUO DOLPHQWDWLRQ
pOHFWULTXH
1HWWR\H]SpULRGLTXHPHQWOHFRPSDUWLPHQWUpIULJpUDWHXUHWOH
FRPSDUWLPHQWFRQJpODWHXUjO DLGHG XQFKLIIRQHWG XQHVROXWLRQ
G HDXWLqGHDGGLWLRQQpHGHGpWHUJHQWVQHXWUHVVSpFLILTXHVSRXU
OHQHWWR\DJHLQWHUQHGXUpIULJpUDWHXU1 XWLOLVH]MDPDLVGH
GpWHUJHQWVRXGHSURGXLWVDEUDVLIV1HQHWWR\H]MDPDLVOHV
pOpPHQWVGXUpIULJpUDWHXUDYHFGHVOLTXLGHVLQIODPPDEOHV/HV
pPDQDWLRQVSHXYHQWSURYRTXHUXQULVTXHG LQFHQGLHRX
G H[SORVLRQ
1HWWR\H]O H[WpULHXUGHO DSSDUHLOHWOHMRLQWGHVSRUWHVDYHFXQ
FKLIIRQKXPLGHHWHVVX\H]DYHFXQFKLIIRQGRX[
 1 XWLOLVH]SDVG DSSDUHLOVGHQHWWR\DJHjYDSHXU
 ,OHVWFRQVHLOOpGHQHWWR\HUOHFRQGHQVHXUjO DLGHG XQ
DVSLUDWHXUGHODPDQLqUHVXLYDQWH{WH]OHVRFOHDYDQW YRLU
OLYUHWG LQVWDOODWLRQ HWSURFpGH]DXQHWWR\DJH
5(0$548(/HVWX\DX[GXGHUpIULJpUDWLRQVRQWSODFpVjF{WpGX
EDFGHGpJLYUDJHHWSHXYHQWGHYHQLUWUqVFKDXGV1HWWR\H]OHV
UpJXOLqUHPHQWDYHFXQDVSLUDWHXU
$YDQWGHUHPSODFHUXQHDPSRXOHGpEUDQFKH]WRXMRXUVOH
UpIULJpUDWHXU
&RPPHQWUHPSODFHUO DPSRXOHGXFRPSDUWLPHQW
VXSpULHXUGXUpIULJpUDWHXU
 'pYLVVH]ODYLVGHIL[DWLRQGXFDSRWGHO DPSRXOH
 WLUH]OHFDSRWYHUVOHEDVHWIDLWHVOHJOLVVHUYHUVO LQWpULHXUGX
FRPSDUWLPHQWUpIULJpUDWHXU
 UHPSODFH]O DPSRXOHJULOOpHSDUXQHDPSRXOHVHPEODEOH
GLVSRQLEOHXQLTXHPHQWDXSUqVGX6HUYLFH$SUqVYHQWH
 5HPRQWH]OHFDSRWHQSURFpGDQWGDQVOHVHQVFRQWUDLUH
&RPPHQWUHPSODFHUO DPSRXOHGXFRPSDUWLPHQW
VXSpULHXUGXFRQJpODWHXU
 5HWLUH]O pFUDQSURWHFWHXUGHODODPSHHQDSSX\DQWVXUOHV
SDURLVODWpUDOHV
 UHPSODFH]O DPSRXOHSDUXQHDPSRXOHVHPEODEOHGLVSRQLEOH
XQLTXHPHQWDXSUqVGHQRWUH6HUYLFH$SUqVYHQWHRXGHQRV
5HYHQGHXUVDJUppV
 UHPRQWH]O pFUDQHQSURFpGDQWGDQVOHVHQVFRQWUDLUH
&RPPHQWUHPSODFHUO DPSRXOHGHVFRPSDUWLPHQWV
LQIpULHXUVGXUpIULJpUDWHXUHWGXFRQJpODWHXU VXUFHUWDLQV
PRGqOHV  5HWLUH]O pFUDQSURWHFWHXUGHODODPSHHQVDLVLVVDQWVDSDUWLH
FHQWUDOHVXSpULHXUH
 WLUH]YHUVO DYDQWWRXWHQWRXUQDQWOpJqUHPHQWO pFUDQG XQ
F{Wp  UHWLUH]O DPSRXOHJULOOpHHWUHPSODFH]ODSDUXQHDPSRXOH
VHPEODEOHGLVSRQLEOHXQLTXHPHQWDXSUqVGHQRWUH6HUYLFH
$SUqVYHQWHHWGHQRV5HYHQGHXUVDJUppV
3RXUUHPHWWUHO pFUDQGHODODPSHHQSODFH
 6DLVLVVH]ODSDUWLHFHQWUDOHVXSpULHXUHGHO pFUDQGHODODPSH
 LQVpUH]OHVHUJRWVG XQF{WpGHO pFUDQGDQVOHVUDLQXUHV
 SOLH]OpJqUHPHQWO pFUDQHQVRQFHQWUHGHPDQLqUHjSRXYRLU
LQVpUHUOHVHUJRWVGHO DXWUHF{Wp
33733122FR.fm Page 14 Monday, November 29, 2004 5:20 PM
35e&$87,216(1&$6' $%6(1&(
352/21*e(
$EVHQFHVGHFRXUWHGXUpH
6LYRXVYRXVDEVHQWH]SHQGDQWPRLQVGHWURLVVHPDLQHVLOQ HVW
SDVQpFHVVDLUHGHGpEUDQFKHUOHUpIULJpUDWHXU&RQVRPPH]OHV
DOLPHQWVSpULVVDEOHVHWFRQJHOH]OHVDXWUHV
$EVHQFHVSURORQJpHV
6LYRXVSDUWH]SHQGDQWSOXVGHWURLVVHPDLQHVUHWLUH]WRXVOHV
DOLPHQWVGXUpIULJpUDWHXU'pEUDQFKH]OHUpIULJpUDWHXUHW
QHWWR\H]OH5LQFH]OHHWHVVX\H]OHVRLJQHXVHPHQW)L[H]GHV
FDOHVGHERLVRXGHSODVWLTXHjO DLGHG XQUXEDQDGKpVLIVXUODSDUWLH
VXSpULHXUHGHVGHX[SRUWHVGHIDoRQjODLVVHUXQHRXYHUWXUH
VXIILVDQWHSRXUSHUPHWWUHjO DLUGHFLUFXOHUGDQVOHVGHX[
FRPSDUWLPHQWV&HODpYLWHUDODIRUPDWLRQG RGHXUVHWGH
PRLVLVVXUHV
'pPpQDJHPHQW
 5HWLUH]WRXVOHVpOpPHQWVDPRYLEOHVHQYHORSSH]OHV
VRLJQHXVHPHQWHWIL[H]OHVHQVHPEOHDYHFGHO DGKpVLISRXU
pYLWHUWRXWHGLVVRFLDWLRQRXYLEUDWLRQ
 6HUUH]OHVYLVGHPLVHjQLYHDX
 8WLOLVH]OHUXEDQDGKpVLISRXUVFHOOHUOHVGHX[SRUWHVGH
PrPHTXHSRXUIL[HUOHFRUGRQG DOLPHQWDWLRQVXUO DSSDUHLO
&RXSXUHGHFRXUDQW
(QFDVGHFRXSXUHGHFRXUDQWDSSHOH]YRWUHVRFLpWpGH
GLVWULEXWLRQG pOHFWULFLWpSRXUFRQQDvWUHODGXUpHGHODFRXSXUH
(QFDVGHFRXSXUHSHQGDQWKHXUHVPD[LPXPODLVVH]OHV
GHX[SRUWHVIHUPpHV&HODSHUPHWDX[DOLPHQWVGHUHVWHU
IURLGVOHSOXVORQJWHPSVSRVVLEOH
6LODFRXSXUHGHFRXUDQWHVWVXSpULHXUHjKHXUHVUHWLUH]
WRXVOHVDOLPHQWVFRQJHOpVHWPHWWH]OHVGDQVXQFRQJpODWHXU
EDKXW6LYRXVQHGLVSRVH]SDVGHFHW\SHGHFRQJpODWHXUHWVL
YRXVQ DYH]SDVGHJODFHDUWLILFLHOOHHVVD\H]GHFRQVRPPHUOHV
DOLPHQWVOHVSOXVSpULVVDEOHV
6RXYHQH]YRXVTX XQFRQJpODWHXUUHPSOLG DOLPHQWVVXUJHOpV
FRQVHUYHOHIURLGSOXVORQJWHPSVTX XQFRQJpODWHXUjPRLWLp
SOHLQ
9LGH]OHEDFjJODoRQV
'HSOXVXQFRQJpODWHXUSOHLQGHYLDQGHVXUJHOpHFRQVHUYHOH
IURLGEHDXFRXSSOXVORQJWHPSVTX XQFRQJpODWHXUFRQWHQDQW
GHVSODWVFXLVLQpV
6LOHVDOLPHQWVVRQWWRXMRXUVUHFRXYHUWVGHFULVWDX[GHJODFHLO
HVWSRVVLEOHGHOHVUHFRQJHOHUVDQVULVTXH/HXUDSSDUHQFHHW
OHXUJRWVHURQWWRXWHIRLVSUREDEOHPHQWGLIIpUHQWV6LOHV
DOLPHQWVVRQWGDQVXQPDXYDLVpWDWHWVLYRXVSHQVH]FRXULUXQ
ULVTXHHQOHVUHFRQJHODQWMHWH]OHV
33733122FR.fm Page 15 Monday, November 29, 2004 5:20 PM
',$*1267,&5$3,'($66,67$1&(
$YDQWG DSSHOHUOH6HUYLFHG DVVLVWDQFHWHFKQLTXH
/HVSUREOqPHVGHIRQFWLRQQHPHQWVRQWVRXYHQW
SURYRTXpVSDUGHSHWLWVLQFLGHQWVDX[TXHOVYRXV
SRXUUH]IDFLOHPHQWUHPpGLHUSDUYRXVPrPHVVDQV
RXWLOSDUWLFXOLHU
/ DSSDUHLOQHIRQFWLRQQHSDV
 /HUpIULJpUDWHXUHVWLOELHQEUDQFKpjXQHSULVH
VHFWHXUDOLPHQWpHSDUOHYROWDJHDGpTXDW"
 $YH]YRXVFRQWU{OpOHVIXVLEOHVGHYRWUHGRPLFLOH"
,O\DGHVEUXLWVRXGHVYLEUDWLRQV
/DSOXSDUWGHVEUXLWVVRQWQRUPDX[/HVVXUIDFHVGXUHV
WHOOHVTXHOHVROOHVPXUVHWOHVPHXEOHVSHXYHQW
DPSOLILHUOHVVRQV9RXVWURXYHUH]FLGHVVRXVOHVW\SHV
GHEUXLWVOHVSOXVFRXUDQWVDLQVLTXHOHXUVFDXVHV
SUREDEOHV
 /pJHUERXUGRQQHPHQW
3HXWrWUHGDXPRWHXUGXYHQWLODWHXUHWDX
GpSODFHPHQWGHO DLU
 &OLTXHWLV
/HWKHUPRVWDWFOLTXHWWHORUVGHO DUUrWGXUpIULJpUDWHXU
HWpJDOHPHQWORUVGHVDUHPLVHHQPDUFKH/DPLQXWHULH
GXGpJLYUDJHFOLTXHWWHORUVGXGpPDUUDJHHWGHO DUUrW
GXF\FOHGHGpJLYUDJH
,O\DGHO HDXGDQVOHEDFGHGpJLYUDJH
 &HODHVWQRUPDOSDUWHPSVFKDXGHWKXPLGH
/HEDFSHXWPrPHrWUHjPRLWLpSOHLQ9pULILH]TXHOH
UpIULJpUDWHXUHVWGHQLYHDXDILQTXHOHEDFQHGpERUGH
SDV
6LOHVERUGVGXUpIULJpUDWHXUTXLVRQWHQFRQWDFW
DYHFOHVMRLQWVG pWDQFKpLWpGHODSRUWHVRQWFKDXGV
DXWRXFKHU
 &HODHVWQRUPDOSDUWHPSVFKDXGORUVTXHOH
FRPSUHVVHXUHVWHQPDUFKH
/DOXPLqUHQHV DOOXPHSDV
 $YH]YRXVFRQWU{OpOHVIXVLEOHVGHYRWUHGRPLFLOH"
 /HUpIULJpUDWHXUHVWLOELHQEUDQFKpjXQHSULVHVHFWHXU
DOLPHQWpHSDUOHYROWDJHDGpTXDW"
 / DPSRXOHHVWHOOHJULOOpH"
/ DPSRXOHHVWJULOOpH
'pEUDQFKH]WRXMRXUVO DSSDUHLO
&RQVXOWH]OHFKDSLWUH´(QWUHWLHQHW1HWWR\DJHµ
/HPRWHXUVHPEOHIRQFWLRQQHUVDQVDUUrW
 <DWLOGHODSRXVVLqUHRXGHVPRXWRQVVXUOH
FRQGHQVHXU"
 /HVSRUWHVIHUPHQWHOOHVFRUUHFWHPHQW"
 /HVMRLQWVGHSRUWHVRQWLOVELHQpWDQFKHV"
 3DUWHPSVFKDXGRXGDQVXQHSLqFHFKDXGHOH
PRWHXUIRQFWLRQQHQDWXUHOOHPHQWSOXVORQJWHPSV
6HODSRUWHHVWUHVWpHORQJWHPSVRXYHUWHRXTXHGH
JURVVHVTXDQWLWpVG DOLPHQWVRQWpWpLQWURGXLWHV
OHPRWHXUUHVWHHQIRQFWLRQSOXVORQJWHPSVSRXU
UHIURLGLUO LQWpULHXUGHO DSSDUHLO
­QRWHU
/DGXUpHGHIRQFWLRQQHPHQWGXPRWHXUGpSHQGGH
GLIIpUHQWVIDFWHXUVQRPEUHG RXYHUWXUHVGHODSRUWH
TXDQWLWpG DOLPHQWVVWRFNpVWHPSpUDWXUHGHODSLqFH
UpJODJHGHVWKHUPRVWDWV
6LDSUqVDYRLUHIIHFWXpOHVYpULILFDWLRQVFLGHVVXVYRWUH
DSSDUHLOQHIRQFWLRQQHWRXMRXUVSDVFRUUHFWHPHQW
SUHQH]FRQWDFWDYHFOH6HUYLFH$SUqVYHQWH([SOLTXH]
FODLUHPHQWFHTXLQHYDSDVHWGRQQH]OHW\SHHWOH
QXPpURGHVpULHGHYRWUHDSSDUHLO FHVGRQQpHVILJXUHQW
VXUODSODTXHVLJQDOpWLTXH /DWHPSpUDWXUHjO LQWpULHXUGXUpIULJpUDWHXUQ HVW
SDVDVVH]IURLGH
 /HVUpJODJHVGXUpIULJpUDWHXUVRQWLOVFRUUHFWV"
 8QHJUDQGHTXDQWLWpG DOLPHQWVDWHOOHpWpLQWURGXLWH
GDQVOHUpIULJpUDWHXURXOHFRQJpODWHXU"
 /HVSRUWHVQHVRQWHOOHVSDVRXYHUWHVWURS
IUpTXHPPHQW"
 /HVSRUWHVIHUPHQWHOOHVFRUUHFWHPHQW"
 /HVERXFKHVG DpUDWLRQGXFRPSDUWLPHQWQHVRQW
HOOHVSDVREVWUXpHV"&HODHPSrFKHUDLWHQHIIHWOD
FLUFXODWLRQGHO DLUIURLG
'HODFRQGHQVDWLRQVHIRUPH
 /HVERXFKHVG DpUDWLRQGXFRPSDUWLPHQWQHVRQW
HOOHVSDVREVWUXpHV"&HODHPSrFKHUDLWHQHIIHWOD
FLUFXODWLRQGHO DLUIURLG
 /HVDOLPHQWVVRQWLOVHPEDOOpVFRUUHFWHPHQW"
(VVX\H]WRXWHFRQGHQVDWLRQSUpVHQWHVXUOHV
UpFLSLHQWVDYDQWGHOHVSODFHUDXUpIULJpUDWHXU
 /HVSRUWHVQHVRQWHOOHVSDVRXYHUWHVWURS
IUpTXHPPHQW"/RUVTXHODSRUWHHVWRXYHUWH
O KXPLGLWpGHO DLUDPELDQWSpQqWUHGDQVOH
UpIULJpUDWHXU3OXVODSRUWHHVWRXYHUWHSOXV
O KXPLGLWpVHIRUPHUDSLGHPHQWHQSDUWLFXOLHU
ORUVTXHODSLqFHHVWHOOHPrPHKXPLGH
 6LODSLqFHHVWWUqVKXPLGHLOHVWQRUPDOTXHGHOD
FRQGHQVDWLRQVHIRUPHjO LQWpULHXUGXUpIULJpUDWHXU
 ,OHVWQRUPDOTXHGHVJRXWWHVG HDXVHIRUPHQWVXUOD
SDURLDUULqUHGXUpIULJpUDWHXUjODVXLWHGXF\FOH
G DXWRGpJLYUDJH
/HVSRUWHVQHVHIHUPHQWSDVHWQHV RXYUHQWSDV
FRUUHFWHPHQW
 9pULILH]TXHGHVDOLPHQWVQHEORTXHQWSDVODSRUWH
 9pULILH]TXHOHVSODWHDX[OHVFOD\HWWHVOHVEDFVRXOH
GLVWULEXWHXUGHJODFHVRQWELHQHQSODFH
 9pULILH]TXHOHVMRLQWVGHVSRUWHVQHVRQWSDVVDOHVRX
FROODQWV
 9pULILH]TXHOHUpIULJpUDWHXUHVWELHQGHQLYHDX
">
									 
							
						Enlace público actualizado
El enlace público a tu chat ha sido actualizado.