EVK6E40X | EVK6E40Z | Electrolux KVKDE40X Manuel utilisateur

(9.(;
(9.(=
.9.'(;
)5
)RXU¢PLFURRQGHV
1RWLFHG XWLOLVDWLRQ
Profiter pleinement
de vos appareils
électroménagers
Pour un accès rapide aux modes d’emploi en
ligne, guides pratiques, aide et plus encore,
enregistrez vos produits via photo en visitant
electrolux.com/register
ZZZHOHFWUROX[FRP
7$%/('(60$7,Š5(6
,1)250$7,21685/$6‹&85,7‹ &216,*1(6'(6‹&85,7‹ '(6&5,37,21'(/ $33$5(,/ %$1'($8'(&200$1'( $9$17/$35(0,Š5(87,/,6$7,21 87,/,6$7,214827,',(11(
)21&7,216'(/ +25/2*( 87,/,6$7,21'(6$&&(662,5(6 )21&7,2166833/‹0(17$,5(6 &216(,/6
(175(7,(1(71(772<$*(
'‹3$11$*( 5(1'(0(17‹1(5*‹7,48(
12863(16216‚9286
0HUFLG DYRLUFKRLVLFHSURGXLW(OHFWUROX[$YHFFHSURGXLWYRXVE«Q«ILFLH]GH
GL]DLQHVG DQQ«HVG H[S«ULHQFHSURIHVVLRQQHOOHHWG LQQRYDWLRQ,QJ«QLHX[HW
«O«JDQWLOD«W«FRQ©XVXUPHVXUHSRXUYRXV*U¤FH¢FHWDSSDUHLOYRXVVDYH]
TXHFKDTXHXWLOLVDWLRQYRXVDSSRUWHUDVDWLVIDFWLRQ
%LHQYHQXHFKH](OHFWUROX[
9LVLWH]QRWUHVLWH,QWHUQHWSRXU
2EWHQLUGHVFRQVHLOVG XWLOLVDWLRQGHVEURFKXUHVGHO DLGHGHVLQIRUPDWLRQV
ZZZHOHFWUROX[FRPZHEVHOIVHUYLFH
(QUHJLVWUH]YRWUHSURGXLWSRXUREWHQLUXQPHLOOHXUVHUYLFH
ZZZUHJLVWHUHOHFWUROX[FRP
$FKHWHUGHVDFFHVVRLUHVFRQVRPPDEOHVHWSLªFHVGHUHFKDQJHG RULJLQHSRXU
YRWUHDSSDUHLO
ZZZHOHFWUROX[FRPVKRS
6(59,&($35Š69(17(
8WLOLVH]WRXMRXUVGHVSLªFHVG RULJLQH
$YDQWGHFRQWDFWHUOHVHUYLFHDSUªVYHQWHDVVXUH]YRXVGHGLVSRVHUGHV
LQIRUPDWLRQVVXLYDQWHV0RGªOH31&QXP«URGHV«ULH
9RXVWURXYHUH]FHVLQIRUPDWLRQVVXUODSODTXHVLJQDO«WLTXH
$YHUWLVVHPHQW&RQVLJQHVGHV«FXULW«
,QIRUPDWLRQVJ«Q«UDOHVHWFRQVHLOV
,QIRUPDWLRQVHQPDWLªUHGHSURWHFWLRQGHO HQYLURQQHPHQW
6RXVU«VHUYHGHPRGLILFDWLRQV
)5$1‰$,6
,1)250$7,21685/$6‹&85,7‹
$YDQWG LQVWDOOHUHWG XWLOLVHUFHWDSSDUHLOOLVH]
VRLJQHXVHPHQWOHVLQVWUXFWLRQVIRXUQLHV/HIDEULFDQWQH
SRXUUD¬WUHWHQXSRXUUHVSRQVDEOHGHVEOHVVXUHVHW
G«J¤WVU«VXOWDQWG XQHPDXYDLVHLQVWDOODWLRQRX
XWLOLVDWLRQ&RQVHUYH]WRXMRXUVOHVLQVWUXFWLRQVGDQVXQ
OLHXV½UHWDFFHVVLEOHSRXUYRXV\U«I«UHUXOW«ULHXUHPHQW
6«FXULW«GHVHQIDQWVHWGHVSHUVRQQHV
YXOQ«UDEOHV
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
&HWDSSDUHLOSHXW¬WUHXWLOLV«SDUGHVHQIDQWVGHSOXV
GHDQVDLQVLTXHGHVSHUVRQQHVGRQWOHVFDSDFLW«V
SK\VLTXHVVHQVRULHOOHVHWPHQWDOHVVRQWU«GXLWHVRX
GRQWOHVFRQQDLVVDQFHVHWO H[S«ULHQFHVRQW
LQVXIILVDQWHV¢FRQGLWLRQG ¬WUHVXUYHLOO«VRXG DYRLU
UH©XGHVLQVWUXFWLRQVFRQFHUQDQWO XWLOLVDWLRQV«FXULV«H
GHO DSSDUHLOHWGHFRPSUHQGUHOHVULVTXHVHQFRXUXV
/HVHQIDQWVHQWUHHWDQVHWOHVSHUVRQQHVD\DQWXQ
KDQGLFDSWUªVLPSRUWDQWHWFRPSOH[HGRLYHQW¬WUH
WHQXV¢O «FDUW¢PRLQVG ¬WUHVXUYHLOO«VHQ
SHUPDQHQFH
/HVHQIDQWVGHPRLQVGHDQVGRLYHQW¬WUHWHQXV¢
O «FDUW¢PRLQVG ¬WUHVXUYHLOO«VHQSHUPDQHQFH
1HODLVVH]SDVOHVHQIDQWVMRXHUDYHFO DSSDUHLO
1HODLVVH]SDVOHVHPEDOODJHV¢ODSRUW«HGHVHQIDQWV
HWMHWH]OHVFRQYHQDEOHPHQW
7HQH]OHVHQIDQWVHWOHVDQLPDX[«ORLJQ«VGH
O DSSDUHLOORUVTX LOHVWHQFRXUVGHIRQFWLRQQHPHQWRX
ORUVTX LOUHIURLGLW/HVSDUWLHVDFFHVVLEOHVVRQW
FKDXGHV
6LO DSSDUHLOHVW«TXLS«G XQGLVSRVLWLIGHV«FXULW«
HQIDQWVQRXVYRXVUHFRPPDQGRQVGHO DFWLYHU
/HVHQIDQWVQHGRLYHQWSDVQHWWR\HUQLHQWUHSUHQGUH
XQHRS«UDWLRQGHPDLQWHQDQFHVXUO DSSDUHLOVDQV
VXUYHLOODQFH
ZZZHOHFWUROX[FRP
6«FXULW«J«Q«UDOH
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
/ DSSDUHLOGRLW¬WUHLQVWDOO«HWOHF¤EOHUHPSODF«
XQLTXHPHQWSDUXQSURIHVVLRQQHOTXDOLIL«
$9(57,66(0(17/ DSSDUHLOHWVHVSDUWLHV
DFFHVVLEOHVGHYLHQQHQWFKDXGVSHQGDQWVRQ
IRQFWLRQQHPHQW9HLOOH]¢QHSDVWRXFKHUOHV«O«PHQWV
FKDXIIDQWV
8WLOLVH]WRXMRXUVGHVJDQWVGHFXLVLQHSRXUUHWLUHURX
HQIRXUQHUGHVDFFHVVRLUHVRXGHVSODWVDOODQWDXIRXU
$YDQWG HIIHFWXHUXQHRS«UDWLRQGHPDLQWHQDQFH
G«EUDQFKH]O DSSDUHLOGHODSULVHVHFWHXU
$VVXUH]YRXVTXHO DSSDUHLOHVW«WHLQWHWG«EUDQFK«
DYDQWGHUHPSODFHUO «FODLUDJHDILQG «YLWHUWRXWULVTXH
GHFKRF«OHFWULTXH
1 XWLOLVH]SDVGHQHWWR\HXUYDSHXUSRXUQHWWR\HU
O DSSDUHLO
1 XWLOLVH]SDVGHSURGXLWVDEUDVLIVQLGHUDFORLUV
SRLQWXVHQP«WDOSRXUQHWWR\HUODSRUWHHQYHUUHFDULOV
SHXYHQWUD\HUVDVXUIDFHFHTXLSHXWEULVHUOHYHUUH
6LOHF¤EOHG DOLPHQWDWLRQHVWHQGRPPDJ«LOGRLW¬WUH
UHPSODF«SDUOHIDEULFDQWXQVHUYLFHGHPDLQWHQDQFH
DJU««RXXQWHFKQLFLHQTXDOLIL«DILQG «YLWHUWRXW
GDQJHUOL«¢O «OHFWULFLW«
1 DOOXPH]SDVO DSSDUHLOORUVTX LOHVWYLGH/HVSLªFHV
P«WDOOLTXHVVLWX«HVGDQVODFDYLW«SHXYHQWSURGXLUH
GHVDUFV«OHFWULTXHV
/HVDOLPHQWVRXERLVVRQVGDQVGHVU«FLSLHQWVHQ
P«WDOQHGRLYHQWMDPDLV¬WUHFKDXII«VDXPLFURRQGHV
&HWDYHUWLVVHPHQWQHV DSSOLTXHSDVVLOHIDEULFDQW
LQGLTXHODWDLOOHHWODIRUPHGHVU«FLSLHQWVP«WDOOLTXHV
DGDSW«V¢ODFXLVVRQDXPLFURRQGHV
6LODSRUWHRXOHVMRLQWVGHODSRUWHVRQWHQGRPPDJ«V
YRXVQHGHYH]SDVXWLOLVHUO DSSDUHLOWDQWTX LOQ DSDV
«W«U«SDU«SDUXQSURIHVVLRQQHOTXDOLIL«
7RXWHRS«UDWLRQGHPDLQWHQDQFHRXU«SDUDWLRQ
Q«FHVVLWDQWOHUHWUDLWG XQGHVFDFKHVDVVXUDQWOD
)5$1‰$,6
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
SURWHFWLRQFRQWUHOHVPLFURRQGHVQHGRLW¬WUHFRQIL«H
TX ¢XQSURIHVVLRQQHOTXDOLIL«
1HIDLWHVSDVFKDXIIHUGHOLTXLGHVRXG DXWUHVDOLPHQWV
GDQVGHVU«FLSLHQWVKHUP«WLTXHPHQWIHUP«V,OV
SRXUUDLHQWH[SORVHU
1 XWLOLVH]TXHGHVXVWHQVLOHVDGDSW«V¢XQHXWLOLVDWLRQ
GDQVXQIRXU¢PLFURRQGHV
/RUVTXHYRXVIDLWHVFXLUHGHVDOLPHQWVGDQVGHV
U«FLSLHQWVHQSODVWLTXHRXHQSDSLHUVXUYHLOOH]
WRXMRXUVO DSSDUHLOFDUFHVPDWLªUHVSHXYHQW
V HQIODPPHU
&HWDSSDUHLOHVWXQLTXHPHQWGHVWLQ«¢FKDXIIHUGHV
DOLPHQWVHWGHVERLVVRQV/ XWLOLVHUSRXUV«FKHUGHV
DOLPHQWVRXGHVY¬WHPHQWVRXSRXUIDLUHFKDXIIHUGHV
FRPSUHVVHVFKDXIIDQWHVGHVFKDXVVRQVGHV
«SRQJHVGHVWLVVXVKXPLGHVRXDXWUHVSRXUUDLW
SURYRTXHUGHVEOHVVXUHVRXXQLQFHQGLH
(QSU«VHQFHGHIXP«H«WHLJQH]RXG«EUDQFKH]
OಬDSSDUHLOHWODLVVH]ODSRUWHIHUP«HSRXU«WRXIIHUOHV
IODPPHV
6LYRXVFKDXIIH]GHVERLVVRQVDXPLFURRQGHVFHOOHV
FLSHXYHQWHQWUHUHQ«EXOOLWLRQDSUªV¬WUHVRUWLHVGH
O DSSDUHLO6R\H]SUXGHQWORUVTXHYRXVPDQLSXOH]OH
U«FLSLHQW
0«ODQJH]RXUHPXH]OHFRQWHQXGHVELEHURQVHWGHV
SHWLWVSRWVSRXUE«E«VSXLVY«ULILH]ODWHPS«UDWXUH
DYDQWGHQRXUULUYRWUHHQIDQWDILQG «YLWHUOHVEU½OXUHV
/HVĕXIVGDQVOHXUFRTXLOOHHWOHVĕXIVGXUVHQWLHUV
QHGRLYHQWSDV¬WUHFKDXII«VGDQVO DSSDUHLOFDULOV
SRXUUDLHQWH[SORVHUP¬PHDSUªVODILQGHODFXLVVRQ
1HWWR\H]U«JXOLªUHPHQWO DSSDUHLOHWUHWLUH]HQOHV
U«VLGXVDOLPHQWDLUHV
6LYRXVQHQHWWR\H]SDVU«JXOLªUHPHQWO DSSDUHLOVD
VXUIDFHSHXWVHG«W«ULRUHUFHTXLSRXUUDLWU«GXLUHVD
GXU«HGHYLHHWSURYRTXHUGHVVLWXDWLRQVGDQJHUHXVHV
ZZZHOHFWUROX[FRP
&216,*1(6'(6‹&85,7‹
,QVWDOODWLRQ
$9(57,66(0(17
/ DSSDUHLOGRLW¬WUHLQVWDOO«
XQLTXHPHQWSDUXQ
SURIHVVLRQQHOTXDOLIL«
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
5HWLUH]O LQW«JUDOLW«GHO HPEDOODJH
1 LQVWDOOH]SDVHWQHEUDQFKH]SDVXQ
DSSDUHLOHQGRPPDJ«
6XLYH]VFUXSXOHXVHPHQWOHV
LQVWUXFWLRQVG LQVWDOODWLRQIRXUQLHV
DYHFO DSSDUHLO
6R\H]WRXMRXUVYLJLODQWVORUVTXHYRXV
G«SODFH]O DSSDUHLOFDULOHVWORXUG
8WLOLVH]WRXMRXUVGHVJDQWVGHV«FXULW«
HWGHVFKDXVVXUHVIHUP«HV
1HWLUH]MDPDLVO DSSDUHLOSDUOD
SRLJQ«H
5HVSHFWH]O HVSDFHPHQWPLQLPDO
UHTXLVSDUUDSSRUWDX[DXWUHV
DSSDUHLOVHW«O«PHQWV
,QVWDOOH]O DSSDUHLOGDQVXQOLHXV½UHW
DGDSW«U«SRQGDQWDX[H[LJHQFHV
G LQVWDOODWLRQ
&HWDSSDUHLOHVW«TXLS«G XQV\VWªPH
GHUHIURLGLVVHPHQW«OHFWULTXH,OGRLW
¬WUHXWLOLV«ORUVTXHO DSSDUHLOHVW
UDFFRUG«¢XQHSULVHVHFWHXU
ವ
ವ
ವ
ವ
ವ
ವ
ವ
%UDQFKHPHQW«OHFWULTXH
$9(57,66(0(17
5LVTXHG LQFHQGLHRX
G «OHFWURFXWLRQ
ವ
ವ
ವ
ವ
ವ
ವ
/ HQVHPEOHGHVEUDQFKHPHQWV
«OHFWULTXHVGRLW¬WUHHIIHFWX«SDUXQ
WHFKQLFLHQTXDOLIL«
/ DSSDUHLOGRLW¬WUHUHOL«¢ODWHUUH
9«ULILH]TXHOHVSDUDPªWUHVILJXUDQW
VXUODSODTXHVLJQDO«WLTXH
FRUUHVSRQGHQWDX[GRQQ«HV
«OHFWULTXHVGHYRWUHU«VHDX
8WLOLVH]WRXMRXUVXQHSULVHGHFRXUDQW
GHV«FXULW«FRUUHFWHPHQWLQVWDOO«H
1 XWLOLVH]SDVG DGDSWDWHXUV
PXOWLSULVHVQLGHUDOORQJHV
9HLOOH]¢QHSDVHQGRPPDJHUODILFKH
VHFWHXUQLOHF¤EOHG DOLPHQWDWLRQ/H
UHPSODFHPHQWGXF¤EOHG DOLPHQWDWLRQ
GHO DSSDUHLOGRLW¬WUHHIIHFWX«SDU
QRWUHVHUYLFHDSUªVYHQWHDJU««
ವ
1HODLVVH]SDVOHVF¤EOHV
G DOLPHQWDWLRQHQWUHUHQFRQWDFWDYHF
ODSRUWHGHO DSSDUHLOSDUWLFXOLªUHPHQW
ORUVTXHODSRUWHHVWFKDXGH
/DSURWHFWLRQFRQWUHOHVFKRFVGHV
SDUWLHVVRXVWHQVLRQHWLVRO«HVGRLW
¬WUHIL[«HGHWHOOHPDQLªUHTX HOOHQH
SHXWSDV¬WUHHQOHY«HVDQVRXWLOV
1HEUDQFKH]ODILFKHG DOLPHQWDWLRQ¢
ODSULVHGHFRXUDQWTX ¢ODILQGH
O LQVWDOODWLRQ$VVXUH]YRXVTXHOD
SULVHGHFRXUDQWHVWDFFHVVLEOHXQH
IRLVO DSSDUHLOLQVWDOO«
6LODSULVHGHFRXUDQWHVWO¤FKHQH
EUDQFKH]SDVODILFKHG DOLPHQWDWLRQ
VHFWHXU
1HWLUH]MDPDLVVXUOHF¤EOH
G DOLPHQWDWLRQSRXUG«EUDQFKHU
O DSSDUHLO7LUH]WRXMRXUVVXUODILFKH
1 XWLOLVH]TXHGHVV\VWªPHV
G LVRODWLRQDSSURSUL«VGHVFRXSH
FLUFXLWVGHVIXVLEOHV OHVIXVLEOHV¢
YLVVHUGRLYHQW¬WUHUHWLU«VGXVXSSRUW XQGLVMRQFWHXUGLII«UHQWLHOHWGHV
FRQWDFWHXUV
/ LQVWDOODWLRQ«OHFWULTXHGRLW¬WUH
«TXLS«HG XQGLVSRVLWLIG LVROHPHQW¢
FRXSXUHRPQLSRODLUH/HGLVSRVLWLI
G LVROHPHQWGRLWSU«VHQWHUXQH
GLVWDQFHG RXYHUWXUHGHVFRQWDFWV
G DXPRLQVPP
&HWDSSDUHLOHVWFRQIRUPHDX[
GLUHFWLYHV&((
8WLOLVDWLRQ
$9(57,66(0(17
5LVTXHGHEOHVVXUHVGH
EU½OXUHVG «OHFWURFXWLRQRX
G H[SORVLRQ
ವ
ವ
ವ
ವ
ವ
&HWDSSDUHLOHVWH[FOXVLYHPHQW
GHVWLQ«¢XQHXWLOLVDWLRQGRPHVWLTXH
1HPRGLILH]SDVOHVFDUDFW«ULVWLTXHV
GHFHWDSSDUHLO
$VVXUH]YRXVTXHOHVRULILFHVGH
YHQWLODWLRQQHVRQWSDVERXFK«V
1HODLVVH]MDPDLVO DSSDUHLOVDQV
VXUYHLOODQFHSHQGDQWVRQ
IRQFWLRQQHPHQW
‹WHLJQH]O DSSDUHLODSUªVFKDTXH
XWLOLVDWLRQ
)5$1‰$,6
ವ
ವ
ವ
ವ
ವ
ವ
ವ
ವ
6R\H]SUXGHQWORUVGHO RXYHUWXUHGH
ODSRUWHGHO DSSDUHLOORUVTXHFHOXLFL
HVWHQIRQFWLRQQHPHQW'HO DLUEU½ODQW
SHXWV HQ«FKDSSHU
1 XWLOLVH]MDPDLVFHWDSSDUHLODYHFOHV
PDLQVPRXLOO«HVRXORUVTX LOHVWHQ
FRQWDFWDYHFGHO HDX
1 H[HUFH]MDPDLVGHSUHVVLRQVXUOD
SRUWHRXYHUWH
1 XWLOLVH]MDPDLVO DSSDUHLOFRPPH
SODQGHWUDYDLORXFRPPHSODQGH
VWRFNDJH
2XYUH]SUXGHPPHQWODSRUWHGH
O DSSDUHLO6LYRXVXWLOLVH]GHV
LQJU«GLHQWVFRQWHQDQWGHO DOFRROXQ
P«ODQJHG DOFRROHWG DLUIDFLOHPHQW
LQIODPPDEOHSHXW«YHQWXHOOHPHQWVH
IRUPHU
1HODLVVH]SDVGHV«WLQFHOOHVRXGHV
IODPPHVQXHVHQWUHUHQFRQWDFWDYHF
O DSSDUHLOORUVTXHYRXVRXYUH]OD
SRUWH
1HSODFH]SDVGHSURGXLWV
LQIODPPDEOHVRXG «O«PHQWVLPELE«V
GHSURGXLWVLQIODPPDEOHV¢O LQW«ULHXU
RX¢SUR[LPLW«GHO DSSDUHLOQLVXU
FHOXLFL
1 XWLOLVH]SDVODIRQFWLRQPLFURRQGHV
SRXUSU«FKDXIIHUOHIRXU
$9(57,66(0(17
5LVTXHG HQGRPPDJHPHQW
GHO DSSDUHLO
ವ
ವ
ವ
3RXU«YLWHUWRXWHQGRPPDJHPHQWRX
G«FRORUDWLRQGHO «PDLO
ದ QHSODFH]MDPDLVGHIHXLOOHV
G DOXPLQLXPGLUHFWHPHQWVXUOH
IRQGGHODFDYLW«GHO DSSDUHLO
ದ QHYHUVH]MDPDLVG HDX
GLUHFWHPHQWGDQVO DSSDUHLO
ORUVTX LOHVWFKDXG
ದ XQHIRLVODFXLVVRQWHUPLQ«HQH
ODLVVH]MDPDLVG DOLPHQWVRXGH
SODWVKXPLGHV¢O LQW«ULHXUGH
O DSSDUHLO
ದ IDLWHVDWWHQWLRQORUVTXHYRXV
UHWLUH]RXUHPHWWH]HQSODFHOHV
DFFHVVRLUHV
/DG«FRORUDWLRQGHO «PDLORXGHO DFLHU
LQR[\GDEOHHVWVDQVHIIHWVXUOHV
SHUIRUPDQFHVGHO DSSDUHLO
8WLOLVH]XQSODW¢U¶WLUSRXUREWHQLUGHV
J¤WHDX[PRHOOHX[/HVMXVGHIUXLWV
FDXVHQWGHVWDFKHVTXLSHXYHQW¬WUH
SHUPDQHQWHV
ವ
ವ
ವ
&HWDSSDUHLOHVWH[FOXVLYHPHQW
GHVWLQ«¢XQXVDJHFXOLQDLUH1H
O XWLOLVH]SDVSRXUGHVXVDJHVDXWUHV
TXHFHOXLSRXUOHTXHOLOD«W«FRQ©X¢
GHVILQVGHFKDXIIDJHSDUH[HPSOH
/DSRUWHGXIRXUGRLWWRXMRXUV¬WUH
IHUP«HSHQGDQWODFXLVVRQ
6LO DSSDUHLOHVWLQVWDOO«GHUULªUHOD
SDURLG XQPHXEOH SDUH[XQHSRUWH YHXLOOH]¢FHTXHODSRUWHQHVRLW
MDPDLVIHUP«HORUVTXHO DSSDUHLOHVW
HQPDUFKH/DFKDOHXUHWO KXPLGLW«
SHXYHQWV DFFXPXOHUGHUULªUHODSRUWH
IHUP«HGXPHXEOHHWSURYRTXHU
G LPSRUWDQWVG«J¤WVVXUO DSSDUHLOOH
PHXEOHRXOHVRO1HIHUPH]SDVOD
SDURLGXPHXEOHWDQWTXHO DSSDUHLOQ D
SDVFRPSOªWHPHQWUHIURLGL
(QWUHWLHQHWQHWWR\DJH
$9(57,66(0(17
5LVTXHGHEOHVVXUH
G LQFHQGLHRXGHGRPPDJHV
PDW«ULHOVVXUO DSSDUHLO
ವ
ವ
ವ
ವ
ವ
ವ
ವ
$YDQWWRXWHRS«UDWLRQG HQWUHWLHQ
«WHLJQH]O DSSDUHLOHWG«EUDQFKH]OD
ILFKHGHODSULVHVHFWHXU
9«ULILH]TXHO DSSDUHLOHVWIURLG/HV
SDQQHDX[GHYHUUHULVTXHQWGHVH
EULVHU
5HPSODFH]LPP«GLDWHPHQWOHVYLWUHV
GHODSRUWHVLHOOHVVRQW
HQGRPPDJ«HV&RQWDFWH]YRWUH
VHUYLFHDSUªVYHQWHDJU««
9HLOOH]¢V«FKHUODFDYLW«HWODSRUWH
GHO DSSDUHLODYHFXQFKLIIRQDSUªV
FKDTXHXWLOLVDWLRQ/DYDSHXUSURGXLWH
GXUDQWVRQIRQFWLRQQHPHQWVH
FRQGHQVHVXUOHVSDURLVGHODFDYLW«
HWSHXYHQWHQWUD°QHUXQHFRUURVLRQ
1HWWR\H]U«JXOLªUHPHQWO DSSDUHLODILQ
GHPDLQWHQLUOHUHY¬WHPHQWHQERQ
«WDW
/HVU«VLGXVGHJUDLVVHHWG DOLPHQWV
GDQVO DSSDUHLOSHXYHQWSURYRTXHUXQ
LQFHQGLHHWXQDUF«OHFWULTXHORUVTXH
ODIRQFWLRQPLFURRQGHVHVWHQFRXUV
1HWWR\H]O DSSDUHLODYHFXQFKLIIRQ
GRX[KXPLGH8WLOLVH]XQLTXHPHQWGHV
SURGXLWVGHODYDJHQHXWUHV1 XWLOLVH]
SDVGHSURGXLWVDEUDVLIVGHWDPSRQV
¢U«FXUHUGHVROYDQWVQLG REMHWV
P«WDOOLTXHV
ZZZHOHFWUROX[FRP
ವ
ವ
6LYRXVXWLOLVH]XQVSUD\SRXUIRXU
VXLYH]OHVFRQVLJQHVGHV«FXULW«
ILJXUDQWVXUO HPEDOODJH
1 XWLOLVH]DXFXQSURGXLWG«WHUJHQW
SRXUQHWWR\HUO «PDLOFDWDO\WLTXH OH
FDV«FK«DQW 0DLQWHQDQFH
ವ
ವ
3RXUU«SDUHUO DSSDUHLOFRQWDFWH]XQ
VHUYLFHDSUªVYHQWHDJU««
8WLOLVH]H[FOXVLYHPHQWGHVSLªFHV
G RULJLQH
0LVHDXUHEXW
‹FODLUDJHLQW«ULHXU
$9(57,66(0(17
5LVTXHGHEOHVVXUHRX
G DVSK\[LH
$9(57,66(0(17
5LVTXHG «OHFWURFXWLRQ
ವ
ವ
ವ
/HVDPSRXOHVFODVVLTXHVRX
KDORJªQHVXWLOLV«HVGDQVFHWDSSDUHLO
VRQWGHVWLQ«HVXQLTXHPHQW¢XQ
XVDJHDYHFGHVDSSDUHLOVP«QDJHUV
1HOHVXWLOLVH]SDVSRXU«FODLUHUYRWUH
ORJHPHQW
$YDQWGHFKDQJHUO DPSRXOH
G«EUDQFKH]O DSSDUHLOGHODSULVH
VHFWHXU
1 XWLOLVH]TXHGHVDPSRXOHVD\DQWOHV
P¬PHVVS«FLILFDWLRQV
ವ
ವ
ವ
'«EUDQFKH]O DSSDUHLOGH
O DOLPHQWDWLRQ«OHFWULTXH
&RXSH]OHF¤EOHG DOLPHQWDWLRQDXUDV
GHO DSSDUHLOHWPHWWH]OHDXUHEXW
5HWLUH]OHGLVSRVLWLIGHYHUURXLOODJHGX
KXEORWSRXUHPS¬FKHUOHVHQIDQWVHW
OHVDQLPDX[GHV HQIHUPHUGDQV
O DSSDUHLO
'(6&5,37,21'(/ $33$5(,/
9XHG HQVHPEOH
1
2 3
4
7
8
9
4
11
5 6
3
2
1
10
%DQGHDXGHFRPPDQGH
9R\DQWV\PEROHGHPLVHVRXV
WHQVLRQ
0DQHWWHGHV«OHFWLRQGHVPRGHVGH
FXLVVRQ
$IILFKDJH
6\PEROHLQGLFDWHXUGHWHPS«UDWXUH
HWGHSXLVVDQFHGHPLFURRQGHV
0DQHWWHGHFRPPDQGH
5«VLVWDQFH
*«Q«UDWHXUGHPLFURRQGHV
‹FODLUDJH
6XSSRUWGHJULOOHDPRYLEOH
3RVLWLRQGHVJULOOHV
)5$1‰$,6
$FFHVVRLUHV
*ULOOHP«WDOOLTXH
%$1'($8'(&200$1'(
7RXFKHV
7RXFKHVHQVLWLYH
)RQFWLRQ
'HVFULSWLRQ
0,&5221ಣ
'(6
3RXUU«JOHUODIRQFWLRQPLFURRQGHV
0DLQWHQH]ODWRXFKHHQIRQF«HSHQGDQW
SOXVGHVHFRQGHVSRXUDFWLYHURX
G«VDFWLYHUO «FODLUDJHGXIRXU9RXV
SRXYH]«JDOHPHQWDFWLYHUO «FODLUDJH
ORUVTXHOHIRXUHVW«WHLQW
+25/2*(
3RXUU«JOHUXQHIRQFWLRQGHO KRUORJH
7(03‹5$78ಣ
5(
3RXUY«ULILHUODWHPS«UDWXUHGXIRXURX
ODWHPS«UDWXUHGHODVRQGH¢YLDQGH VL
SU«VHQWH 8WLOLVH]ODXQLTXHPHQWORUVಣ
TX XQPRGHGHFXLVVRQHVWHQFRXUV
$IILFKDJH
A
H
G
F
3HUPHWGHSRVHUGHVSODWV¢U¶WL¢JUDWLQ
HWGHVPRXOHV¢J¤WHDXS¤WLVVHULH
B
E
C
D
$ 0LQXWHXU7HPS«UDWXUH3XLVVDQFH
GHVPLFURRQGHV
% 9R\DQWGHFKDXIIHHWGHFKDOHXU
U«VLGXHOOH
& 0RGH0LFURRQGHV
' 6RQGH¢YLDQGH VXUFHUWDLQV
PRGªOHVXQLTXHPHQW
( 9HUURXLOODJHGHODSRUWH VXUFHUWDLQV
PRGªOHVXQLTXHPHQW
) +HXUHVPLQXWHV
* 0RGH'«PR FHUWDLQVPRGªOHV
XQLTXHPHQW
+ )RQFWLRQVGHO KRUORJH
$9$17/$35(0,Š5(87,/,6$7,21
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
3RXUPRGLILHUO KHXUH
UHSRUWH]YRXVDXFKDSLWUH
m)RQFWLRQVGHO KRUORJH}
ZZZHOHFWUROX[FRP
3UHPLHUQHWWR\DJH
5HWLUH]OHVVXSSRUWVGHJULOOHDPRYLEOHV
HWWRXVOHVDFFHVVRLUHVGXIRXU
1HWWR\H]OHIRXUHWOHVDFFHVVRLUHVDYDQW
GHOHVXWLOLVHUSRXUODSUHPLªUHIRLV
5HPHWWH]OHVDFFHVVRLUHVHWOHVVXSSRUWV
GHJULOOHHQSODFH
5HSRUWH]YRXVDXFKDSLWUHm(QWUHWLHQHW
QHWWR\DJH}
87,/,6$7,214827,',(11(
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
0DQHWWHVU«WUDFWDEOHV
3RXUXWLOLVHUO DSSDUHLODSSX\H]VXUOD
PDQHWWH/DPDQHWWHVRUWDORUVGHVRQ
ORJHPHQW
)RQFWLRQVGXPLFURRQGHV
)RQFWLRQGXIRXU
8WLOLVDWLRQ
3RVLWLRQ$UU¬W
/HIRXUHVW«WHLQW
(FODLUDJH)RXU
3RXUDOOXPHUO «FODLUDJHP¬PHVLDXFXQHIRQFWLRQGH
FXLVVRQQ HVWV«OHFWLRQQ«H
0LFURRQGHV
*«QªUHODFKDOHXUGLUHFWHPHQW¢O LQW«ULHXUGHVDOLಣ
PHQWV8WLOLVH]ODSRXUU«FKDXIIHUGHVSODWVSU«SDU«V
HWGHVERLVVRQVSRXUG«FRQJHOHUGHODYLDQGHRX
GHVIUXLWVHWSRXUFXLUHGHVO«JXPHVHWGXSRLVVRQ
*ULODXPLFUR
RQGHV
/DIRQFWLRQJULOGXPLFURRQGHVG«PDUUHFRPPHXQH
IRQFWLRQGHJULOQRUPDOH/RUVTXHYRXVDMRXWH]OD
IRQFWLRQPLFURRQGHVHOOHHVWFRPELQ«H¢ODIRQFಣ
WLRQJULO¢GLII«UHQWVPRPHQWVHWQLYHDX[GHSXLVಣ
VDQFH UHSRUWH]YRXVDXWDEOHDXGHVU«JODJHVGH
SXLVVDQFH 8WLOLVH]OH*ULOGXPLFURRQGHVSRXUSU«ಣ
VHUYHUOHFURTXDQWGHFHUWDLQVDOLPHQWV
'XUDQWFHUWDLQHVIRQFWLRQV
O «FODLUDJHV «WHLQW
DXWRPDWLTXHPHQWORUVTXHOH
IRXUDWWHLQWXQHWHPS«UDWXUH
GHr&
5«JODJHG XQPRGHGH
FXLVVRQ
7RXUQH]ODPDQHWWHGHVPRGHVGH
FXLVVRQSRXUV«OHFWLRQQHUXQPRGH
GHFXLVVRQ
7RXUQH]ODPDQHWWHSRXUV«OHFWLRQQHU
ODWHPS«UDWXUHODSXLVVDQFHGHV
PLFURRQGHV
/ «FODLUDJHV DOOXPHORUVTXHO DSSDUHLOHVW
HQPDUFKH
3RXU«WHLQGUHOHIRXUWRXUQH]OD
PDQHWWHGHVPRGHVGHFXLVVRQVXUOD
SRVLWLRQ$UU¬W
5«JODJHGHODIRQFWLRQ
0LFURRQGHV
5HWLUH]WRXVOHVDFFHVVRLUHV
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQSRXUV«OHFWLRQQHU
ODIRQFWLRQ0LFURRQGHV 1HIDLWHVSDVIRQFWLRQQHUOHIRXU¢YLGH
/ DIILFKDJHLQGLTXHG DERUGXQH
SXLVVDQFHGHPLFURRQGHVSDUG«IDXW
)5$1‰$,6
SXLVXQHGXU«HSDUG«IDXWSRXUOD
IRQFWLRQ'XU«H
$SSX\H]VXU SRXUG«PDUUHUDYHFOHV
YDOHXUVSDUG«IDXWG«ILQLHVSRXUOD
SXLVVDQFHGHVPLFURRQGHVHWSRXUOD
IRQFWLRQ'XU«H
7RXUQH]ODPDQHWWHSRXUPRGLILHUOD
SXLVVDQFHGHVPLFURRQGHV/HV
U«JODJHVGHSXLVVDQFHV HIIHFWXHQW
SDUSDOLHUVGH:
$SSX\H]VXU SXLVWRXUQH]OD
PDQHWWHSRXUPRGLILHU
OD'XU«H$SSX\H]¢SOXVLHXUV
UHSULVHVVXU SRXUPRGLILHUOD
'XU«HHWODSXLVVDQFHGHVPLFUR
RQGHV7RXUQH]ODPDQHWWHSRXU
G«ILQLUODYDOHXUHWDSSX\H]VXU
SRXUFRQILUPHU
$SSX\H]VXU /RUVTXHODGXU«HG«ILQLHSRXU'XU«HV HVW
«FRXO«HXQVLJQDOVRQRUHUHWHQWLWHWOH
IRXUV «WHLQW
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQVXUODSRVLWLRQ
$UU¬W
6LYRXVRXYUH]ODSRUWHGX
IRXUOHIRXUV DUU¬WH3RXUOD
U«DFWLYHUIHUPH]ODSRUWHHW
DSSX\H]VXU
/DGXU«HPD[LPDOHGHVIRQFWLRQ0LFUR
RQGHVG«SHQGGHODSXLVVDQFH
V«OHFWLRQQ«H
38,66$1&('8
0,&5221'(6
'85‹(0$;,0$഻
/(
ದ:
38,66$1&('8
0,&5221'(6
'85‹(0$;,0$഻
/(
3OXVGH:
PLQXWHV
5«JODJHGHODIRQFWLRQ
&RPEL0LFURRQGHV
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
IRQFWLRQVGXIRXUSRXUV«OHFWLRQQHUOD
IRQFWLRQ /DWHPS«UDWXUHSDUG«IDXWV DIILFKH
$SSX\H]VXUODWRXFKH SRXU
FRPELQHUOHPRGHGHFXLVVRQDYHFOH
PRGH0LFURRQGHV
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQVXUODSRVLWLRQ
$UU¬W
/RUVTXHYRXVXWLOLVH]ODIRQFWLRQ
0LFURRQGHVHQPRGH&RPELOD
SXLVVDQFHGHVPLFURRQGHVQHSHXW
SDV¬WUHVXS«ULHXUH¢:
/RUVTXHYRXVXWLOLVH]OD
IRQFWLRQ&RPELPLFUR
RQGHVOHIRXUSHXWIDLUH
GLII«UHQWVEUXLWV&HFLHVW
QRUPDODYHFFHWWH
IRQFWLRQ
,QGLFDWHXUGHFKDXIIH
/RUVTXHODIRQFWLRQGXIRXUHVWDFWLY«H
OHVEDUUHVGHO DIILFKDJH DSSDUDLVVHQW
XQHSDUXQH¢PHVXUHTXHOD
WHPS«UDWXUHGXIRXUDXJPHQWHHW
GLVSDUDLVVHQW¢PHVXUHTXHOD
WHPS«UDWXUHGLPLQXH
ZZZHOHFWUROX[FRP
)21&7,216'(/ +25/2*(
7DEOHDXGHVIRQFWLRQVGH
O KRUORJH
)RQFWLRQGH
O KRUORJH
+(85(
'85‹(
),1
'‹3$57
',))‹5‹
0,187(85
8WLOLVDWLRQ
3RXULQGLTXHURXFKDQಣ
JHUO KHXUH9RXVQH
SRXYH]U«JOHUO KHXUH
TXHORUVTXHOHIRXUHVW
«WHLQW
3RXUU«JOHUODGXU«HGH
IRQFWLRQQHPHQWGXIRXU
1HO XWLOLVH]TXHVLXQ
PRGHGHFXLVVRQHVWU«ಣ
JO«
3RXUU«JOHUO KHXUHG DUಣ
U¬WGXIRXU1HO XWLOLVH]
TXHVLXQPRGHGHFXLVಣ
VRQHVWU«JO«
3RXUFRPELQHUOHVIRQFಣ
WLRQ'85‹(HW),1
8WLOLVH]OHSRXUU«JOHU
XQFRPSWH¢UHERXUV
&HWWHIRQFWLRQHVWVDQV
HIIHWVXUOHIRQFWLRQQHಣ
PHQWGXIRXU9RXVSRXಣ
YH]XWLOLVHUOH0,18ಣ
7(85¢WRXWPRPHQW
P¬PHORUVTXHOHIRXU
HVW«WHLQW
5«JODJHHWPRGLILFDWLRQGH
O KHXUH
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVPLQXWHV
$SSX\H]VXU SRXUFRQILUPHURX
O KHXUHU«JO«HVHUDHQUHJLVWU«H
DXWRPDWLTXHPHQWDXERXWGH
VHFRQGHV
/ DIILFKDJHLQGLTXHODQRXYHOOHKHXUH
3RXUFKDQJHUO KHXUHDSSX\H]¢
SOXVLHXUVUHSULVHVVXU
MXVTX ¢FHTXH
O LQGLFDWHXUGHO KHXUH
O DIILFKDJH
FOLJQRWHVXU
5«JODJHGHODIRQFWLRQ
'85‹(
5«JOH]XQPRGHGHFXLVVRQ
$SSX\H]VXU
¢SOXVLHXUVUHSULVHV
MXVTX ¢FHTXH
FOLJQRWH
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVPLQXWHVHWDSSX\H]
VXU SRXUFRQILUPHU7RXUQH]OD
PDQHWWHGHWHPS«UDWXUHSRXUU«JOHU
OHVKHXUHVHWDSSX\H]VXU SRXU
FRQILUPHU
/RUVTXHOD'XU«HV HVW«FRXO«HXQVLJQDO
VRQRUHUHWHQWLWSHQGDQWGHX[PLQXWHV
HWODGXU«HFOLJQRWHQWVXUO DIILFKDJH
/HIRXUV DUU¬WHDXWRPDWLTXHPHQW
$SSX\H]VXUQ LPSRUWHTXHOOHWRXFKH
RXRXYUH]ODSRUWHGXIRXUSRXU
DUU¬WHUOHVLJQDOVRQRUH
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQVXUODSRVLWLRQ
$UU¬W
5«JODJHGHODIRQFWLRQ),1
/RUVTXHYRXVEUDQFKH]O DSSDUHLOSRXUOD
SUHPLªUHIRLV¢O DOLPHQWDWLRQ«OHFWULTXH
5«JOH]XQPRGHGHFXLVVRQ
DWWHQGH]TXH
HWm}V DIILFKHQW
m}FOLJQRWH
MXVTX ¢FHTXH FOLJQRWH
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVKHXUHVHWDSSX\H]VXU
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVKHXUHV
$SSX\H]VXU SRXUFRQILUPHUHW
U«JOHUOHVPLQXWHV
HWO KHXUH
/ DIILFKDJHLQGLTXH
U«JO«Hm}FOLJQRWH
$SSX\H]VXU
¢SOXVLHXUVUHSULVHV
SRXUFRQILUPHU7RXUQH]OD
PDQHWWHGHWHPS«UDWXUHSRXUU«JOHU
OHVPLQXWHVHWDSSX\H]VXU SRXU
FRQILUPHU
‚O KHXUHGH)LQLQGLTX«HXQVLJQDO
VRQRUHUHWHQWLWSHQGDQWPLQXWHV
HW
)5$1‰$,6
ODGXU«HU«JO«HFOLJQRWHQWVXUO DIILFKDJH
/HIRXUV DUU¬WHDXWRPDWLTXHPHQW
$SSX\H]VXUQ LPSRUWHTXHOOHWRXFKH
RXRXYUH]ODSRUWHGXIRXUSRXU
DUU¬WHUOHVLJQDOVRQRUH
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQVXUODSRVLWLRQ
$UU¬W
5«JODJHGHODIRQFWLRQ
'‹3$57',))‹5‹
5«JOH]XQPRGHGHFXLVVRQ
$SSX\H]VXU
¢SOXVLHXUVUHSULVHV
MXVTX ¢FHTXH
FOLJQRWH
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVPLQXWHVGHODIRQFWLRQ
'85‹(HWDSSX\H]VXU SRXU
FRQILUPHU7RXUQH]ODPDQHWWHGH
WHPS«UDWXUHSRXUU«JOHUOHVKHXUHV
GHODIRQFWLRQ'85‹(HWDSSX\H]VXU
SRXUFRQILUPHU
FOLJQRWHVXUO DIILFKDJH
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVKHXUHVGHODIRQFWLRQ
),1HWDSSX\H]VXU SRXU
FRQILUPHU7RXUQH]ODPDQHWWHGH
WHPS«UDWXUHSRXUU«JOHUOHVPLQXWHV
GHODIRQFWLRQ),1HWDSSX\H]VXU
SRXUFRQILUPHU
HWOD
WHPS«UDWXUHU«JO«HV DIILFKHQW
/HIRXUV DOOXPHDXWRPDWLTXHPHQWSOXV
WDUGIRQFWLRQQHSHQGDQWOD'85‹(
U«JO«HHWV DUU¬WH¢O KHXUHGH),1
FKRLVLH
‚O KHXUHGH),1LQGLTX«HXQVLJQDO
VRQRUHUHWHQWLWSHQGDQWPLQXWHV HW
ODGXU«HU«JO«HFOLJQRWHQWVXUO DIILFKDJH
/HIRXUV DUU¬WHDXWRPDWLTXHPHQW
$SSX\H]VXUQ LPSRUWHTXHOOHWRXFKH
RXRXYUH]ODSRUWHGXIRXUSRXU
DUU¬WHUOHVLJQDOVRQRUH
7RXUQH]ODPDQHWWHGHV«OHFWLRQGHV
PRGHVGHFXLVVRQVXUODSRVLWLRQ
$UU¬W
5«JODJHGX0,187(85
/HPLQXWHXUSHXW«JDOHPHQW¬WUHXWLOLV«
ORUVTXHOHIRXUHVW«WHLQWRXDOOXP«
$SSX\H]VXU
¢SOXVLHXUVUHSULVHV
MXVTX ¢FHTXH FRPPHQFH¢
FOLJQRWHU
7RXUQH]ODPDQHWWHGHWHPS«UDWXUH
SRXUU«JOHUOHVVHFRQGHVSXLVOHV
PLQXWHV
6LYRXVU«JOH]XQHGXU«HVXS«ULHXUH
¢PLQXWHV
FOLJQRWHVXU
O DIILFKDJH
5«JOH]OHVKHXUHV
/H0,187(85G«PDUUH
DXWRPDWLTXHPHQWDXERXWGH
VHFRQGHV
$XERXWGHGXWHPSVG«ILQLXQ
VLJQDOVRQRUHUHWHQWLW
/RUVTXHODGXU«HG«ILQLHV HVW
«FRXO«HXQVLJQDOVRQRUHUHWHQWLW
SHQGDQWPLQXWHVm}HW
FOLJQRWHQWVXUO DIILFKDJH$SSX\H]
VXUQ LPSRUWHTXHOOHWRXFKHSRXU
DUU¬WHUOHVLJQDOVRQRUH
87,/,6$7,21'(6$&&(662,5(6
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
,QVWDOODWLRQGHVDFFHVVRLUHV
8WLOLVH]XQLTXHPHQWGHVXVWHQVLOHVHW
PDW«ULDX[DGDSW«V
$9(57,66(0(17
5HSRUWH]YRXVDX
SDUDJUDSKHm8VWHQVLOHVHW
PDW«ULDX[DGDSW«VDX[
PLFURRQGHV}GDQVOH
FKDSLWUHm&RQVHLOV}
*ULOOHP«WDOOLTXH
3RXVVH]ODJULOOHHQWUHOHVEDUUHVGH
JXLGDJHGHVVXSSRUWVGHJULOOHHW
DVVXUH]YRXVTXHOHVSLHGVVRQWRULHQW«V
YHUVOHEDV
ZZZHOHFWUROX[FRP
/HVSHWLWHVLQGHQWDWLRQVVXU
OHGHVVXVDSSRUWHQWSOXVGH
V«FXULW«/HVLQGHQWDWLRQV
VRQW«JDOHPHQWGHV
GLVSRVLWLIVDQWLEDVFXOH/H
UHERUG«OHY«GHODJULOOH
HPS¬FKHOHVXVWHQVLOHVGH
FXLVLQHGHJOLVVHU
)21&7,2166833/‹0(17$,5(6
8WLOLVDWLRQGHOD6«FXULW«
HQIDQWV
/RUVTXHODV«FXULW«HQIDQWVGXIRXUHVW
DFWLY«HOHIRXUQHSHXW¬WUHDOOXP«
DFFLGHQWHOOHPHQW
$VVXUH]YRXVTXHODPDQHWWHGH
V«OHFWLRQGHVIRQFWLRQVGXIRXUHVW
VXUODSRVLWLRQ$UU¬W
0DLQWHQH]VLPXOWDQ«PHQWOHV
WRXFKHV HW HQIRQF«HVSHQGDQW
VHFRQGHV
/HVLJQDOVRQRUHVHG«FOHQFKH6$)(
V DIILFKH
3RXUG«VDFWLYHUOD6«FXULW«HQIDQWV
U«S«WH]O «WDSH
8WLOLVDWLRQGHODIRQFWLRQ
7RXFKHV9HUURXLO
6LODIRQFWLRQ7RXFKHV
YHUURXLOHVWDFWLY«H/RF
V DIILFKHORUVTXHYRXV
WRXUQH]ODPDQHWWHGX
WKHUPRVWDWRXTXHYRXV
DSSX\H]VXUXQHWRXFKH
/RUVTXHYRXVWRXUQH]ODPDQHWWHGH
V«OHFWLRQGHVIRQFWLRQVGXIRXUOHIRXU
V DUU¬WH
6LYRXV«WHLJQH]OHIRXUDORUVTXHOD
IRQFWLRQ7RXFKHV9HUURXLOHVWDFWLY«HOD
IRQFWLRQ7RXFKHV9HUURXLOSDVVH
DXWRPDWLTXHPHQW¢ODIRQFWLRQ6«FXULW«
HQIDQWV5HSRUWH]YRXV¢ODVHFWLRQ
m8WLOLVDWLRQGHODV«FXULW«HQIDQWV}
3RXUG«VDFWLYHUODIRQFWLRQ7RXFKHV
YHUURXLOU«S«WH]O «WDSH
9R\DQWGHFKDOHXU
U«VLGXHOOH
9RXVQHSRXYH]DFWLYHUODIRQFWLRQ
7RXFKHV9HUURXLOTXHORUVTXHO DSSDUHLO
HVWHQIRQFWLRQQHPHQW
/RUVTXHYRXV«WHLJQH]OHIRXU
O LQGLFDWHXUGHFKDOHXUU«VLGXHOOHV DIILFKH
/RUVTXHODIRQFWLRQ7RXFKHVYHUURXLOHVW
DFWLY«HODWHPS«UDWXUHHWODGXU«HGHOD
IRQFWLRQGXIRXUHQFRXUVQHSHXYHQWSDV
¬WUHFKDQJ«HVDFFLGHQWHOOHPHQW
VLODWHPS«UDWXUHGXIRXUHVW
VXS«ULHXUH¢r&7RXUQH]OH
WKHUPRVWDWYHUVODJDXFKHRXODGURLWH
SRXUY«ULILHUODWHPS«UDWXUHGXIRXU
6«OHFWLRQQH]XQHIRQFWLRQGXIRXUHW
U«JOH]ODVHORQYRVSU«I«UHQFHV
$SSX\H]VLPXOWDQ«PHQWVXUOHV
$UU¬WDXWRPDWLTXH
WRXFKHV HW HWPDLQWHQH]OHV
HQIRQF«HVSHQGDQWDXPRLQV
VHFRQGHV
/HVLJQDOVRQRUHVHG«FOHQFKH/RF
V DIILFKHSHQGDQWVHFRQGHV
3RXUGHVUDLVRQVGHV«FXULW«OHIRXU
V «WHLQWDXWRPDWLTXHPHQWDXERXWG XQ
FHUWDLQWHPSVVLXQPRGHGHFXLVVRQHVW
HQFRXUVHWTXHYRXVQHPRGLILH]SDVOD
WHPS«UDWXUHGXIRXU
)5$1‰$,6
7HPS«UDWXUH r&
$UU¬WDXWRPDWL഻
TXHDXERXWGH
K
9HQWLODWHXUGH
UHIURLGLVVHPHQW
/RUVTXHOHIRXUIRQFWLRQQHOHYHQWLODWHXU
GHUHIURLGLVVHPHQWVHPHW
DXWRPDWLTXHPHQWHQPDUFKHSRXU
UHIURLGLUOHVVXUIDFHVGXIRXU6LYRXV
«WHLJQH]OHIRXUOHYHQWLODWHXUGH
UHIURLGLVVHPHQWFRQWLQXH¢IRQFWLRQQHU
MXVTX ¢FHTXHOHIRXUUHIURLGLVVH
$SUªVXQDUU¬WDXWRPDWLTXHDSSX\H]VXU
XQHWRXFKHSRXUIDLUHGHQRXYHDX
IRQFWLRQQHUOHIRXU
/ DUU¬WDXWRPDWLTXHQH
IRQFWLRQQHSDVDYHFOHV
IRQFWLRQV‹FODLUDJH'XU«H
)LQ
&216(,/6
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
/DWHPS«UDWXUHHWOHVWHPSV
GHFXLVVRQLQGLTX«VVRQW
IRXUQLVXQLTXHPHQW¢WLWUH
LQGLFDWLI,OVYDULHQWHQ
IRQFWLRQGHVUHFHWWHVDLQVL
TXHGHODTXDOLW«HWGHOD
TXDQWLW«GHVLQJU«GLHQWV
XWLOLV«V
&RQVHLOVGHFXLVVRQ
9RWUHIRXUSHXWFXLUHOHVDOLPHQWVG XQH
PDQLªUHFRPSOªWHPHQWGLII«UHQWHGH
FHOOHGHYRWUHDQFLHQIRXU/HVWDEOHDX[
FLGHVVRXVYRXVLQGLTXHQWOHVU«JODJHV
VWDQGDUGSRXUODWHPS«UDWXUHOHWHPSV
GHFXLVVRQHWOHQLYHDXGXIRXU
6LYRXVQHWURXYH]SDVOHVU«JODJHV
DSSURSUL«VSRXUXQHUHFHWWHVS«FLILTXH
FKHUFKH]HQXQHTXLV HQUDSSURFKH
5HFRPPDQGDWLRQVSRXUOH
PLFURRQGHV
3ODFH]OHVDOLPHQWVVXUXQHDVVLHWWHHQ
EDVGHODFDYLW«
5HWRXUQH]RXUHPXH]OHVDOLPHQWV¢OD
PRLWL«GXWHPSVGHG«FRQJ«ODWLRQHWGH
FXLVVRQ
&RXYUH]OHVDOLPHQWVSRXUODFXLVVRQHW
OHU«FKDXIIDJH
,QWURGXLVH]XQHFXLOOªUHGDQVOHELEHURQ
RXOHYHUUHORUVTXHYRXVU«FKDXIIH]GHV
OLTXLGHVSRXUJDUDQWLUXQHPHLOOHXUH
GLVWULEXWLRQGHODFKDOHXU
3ODFH]OHVDOLPHQWVGDQVOHIRXUVDQV
DXFXQHPEDOODJH/HVSODWVSU«SDU«V
HPEDOO«VSHXYHQW¬WUHSODF«VGDQVOH
IRXUXQLTXHPHQWVLO HPEDOODJHHVW
DGDSW«¢ODFXLVVRQDXIRXU¢PLFUR
RQGHV Y«ULILH]OHVLQIRUPDWLRQVVXU
O HPEDOODJH &XLVVRQDXPLFURRQGHV
&RXYUH]OHVDOLPHQWVSRXUOHVIDLUHFXLUH
6LYRXVVRXKDLWH]TXHOHVDOLPHQWV
UHVWHQWFURXVWLOODQWVIDLWHVOHVFXLUHVDQV
OHVFRXYULU
1HFXLVH]SDVWURSOHVSODWVHQU«JODQW
XQHSXLVVDQFHHWXQHGXU«HWURS
«OHY«HV/HVDOLPHQWVSHXYHQWVH
GHVV«FKHUEU½OHURXSUHQGUHIHX
1 XWLOLVH]SDVOHIRXUSRXUFXLUHGHVĕXIV
RXGHVHVFDUJRWVGDQVOHXUFRTXLOOHFDU
LOVSHXYHQWH[SORVHU3HUFH]OHMDXQHGHV
ĕXIVDXSODWDYDQWGHOHVU«FKDXIIHU
ZZZHOHFWUROX[FRP
3LTXH]SOXVLHXUVIRLVOHVDOLPHQWV
FRPSRUWDQWXQHSHDXDYHFXQH
IRXUFKHWWHDYDQWGHOHVIDLUHFXLUH
&RXSH]OHVO«JXPHVHQPRUFHDX[GH
P¬PHWDLOOH
'HWHPSVHQWHPSVP«ODQJH]OHVSODWV
OLTXLGHVHQFRXUVGHFXLVVRQ
0«ODQJH]OHVDOLPHQWVDYDQWGHOHV
VHUYLU
'«FRQJ«ODWLRQDXPLFURRQGHV
3ODFH]OHVDOLPHQWVVXUJHO«VG«EDOO«VVXU
XQHSHWLWHDVVLHWWHUHWRXUQ«HDYHFXQ
U«FLSLHQWHQGHVVRXVRXVXUXQHJULOOHGH
G«FRQJ«ODWLRQRXXQHSDVVRLUHHQ
SODVWLTXHDILQTXHO HDXGHG«FRQJ«ODWLRQ
SXLVVHV «FRXOHU
5HWLUH]OHVPRUFHDX[G«FRQJHO«VHQ
DOODQW
9RXVSRXYH]XWLOLVHUXQHSXLVVDQFHGH
PLFURRQGHVSOXV«OHY«HSRXUFXLUHOHV
IUXLWVHWO«JXPHVVDQVOHVG«FRQJHOHU
$SUªVDYRLU«WHLQWOHIRXUVRUWH]HW
ODLVVH]UHSRVHUOHVDOLPHQWVSHQGDQW
TXHOTXHVPLQXWHV
8VWHQVLOHVGHFXLVLQHHWPDW«ULDX[FRPSDWLEOHVDYHFOHV
PLFURRQGHV
3RXUODFXLVVRQDXPLFURRQGHVQ XWLOLVH]TXHGHVU«FLSLHQWVHWPDW«ULDX[
DGDSW«V8WLOLVH]OHWDEOHDXFLGHVVRXVFRPPHU«I«UHQFH
8VWHQVLOHGHFXLVLQHPDW«ULDX[
)RQFWLRQ0LFURRQGHV
'«FRQ഻
J«ODWLRQ
5«FKDXIIDJH
&XLVVRQ
)RQFWLRQ&RPEL0L഻
FURRQGHV
9HUUHHWSRUFHODLQHDOODQWDXIRXU
QHFRQWHQDQWDXFXQFRPSRVDQW
P«WDOOLTXHSDUH[HPSOHOHYHUUHU«ಣ
VLVWDQW¢ODFKDOHXU
9HUUHHWSRUFHODLQHQ DOODQWSDVDX
IRXUVDQVG«FRUDWLRQVHQDUJHQWRU
SODWLQHRXP«WDO
;
;
9HUUHHWYLWURF«UDPLTXHHQPDW«ಣ
ULDXU«VLVWDQWDX[WHPS«UDWXUHV«OHಣ
Y«HVEDVVHV
5«FLSLHQWVHQF«UDPLTXHHWHQ
ID±HQFHVDQVFRPSRVDQWHQTXDUW]
RXHQP«WDOQLYHUQLFRQWHQDQWGX
P«WDO
;
&«UDPLTXHSRUFHODLQHHWID±HQFH
GRQWOHIRQGQ HVWSDVYHUQLRXDYHF
GHSHWLWVWURXVSDUH[HPSOHVXUOHV
SRLJQ«HV
;
;
3ODVWLTXHU«VLVWDQW¢ODFKDOHXUMXVಣ
TX ¢r& Y«ULILH]WRXMRXUVOHV
FDUDFW«ULVWLTXHVGXU«FLSLHQWHQ
SODVWLTXHDYDQWXWLOLVDWLRQ
;
;
&DUWRQSDSLHU
;
;
)LOP«WLUDEOH
;
;
)5$1‰$,6
8VWHQVLOHGHFXLVLQHPDW«ULDX[
)RQFWLRQ0LFURRQGHV
'«FRQ഻
J«ODWLRQ
5«FKDXIIDJH
&XLVVRQ
)LOPGHU¶WLVVDJHDYHFIHUPHWXUH
V«FXULV«HSRXUOHPLFURRQGHV
YHXLOOH]WRXMRXUVY«ULILH]OHVFDUDFಣ
W«ULVWLTXHVGXILOPDYDQWXWLOLVDWLRQ
)RQFWLRQ&RPEL0L഻
FURRQGHV
;
3ODWV¢U¶WLVFRPSRV«VGHP«WDO
SDUH[HPSOHHQ«PDLORXHQIRQWH
;
;
0RXOHV¢J¤WHDXODTX«VQRLUVRX
UHY¬WHPHQWVHQVLOLFRQH Y«ULILH]
WRXMRXUVOHVFDUDFW«ULVWLTXHVGHV
PRXOHVDYDQWXWLOLVDWLRQ
;
;
*ULOOHP«WDOOLTXH
;
;
8VWHQVLOHVSRXUXQHXWLOLVDWLRQDX
PLFURRQGHVSDUH[SODWm&ULVS}
;
*ULO
3ODFH]ODOªFKHIULWHDXSUHPLHUQLYHDX
SRXUU«FXS«UHUODJUDLVVH
;
3U«FKDXIIH]WRXMRXUVOHIRXU¢YLGH
SHQGDQWPLQXWHV
*ULO
3ODW
7HPS«UDWXUH
r&
'XU«HVRXVOHJULO PLQ
3RVLWLRQVGHV
JULOOHV
UHIDFH
HIDFH
5¶WLGHEĕXI¢ SRLQW
)LOHWGHEĕXI¢ SRLQW
‹FKLQHGHSRUF
5¶WL)LOHWGH
YHDX
‹FKLQH
G DJQHDX
3RLVVRQHQWLHU
NJ
ZZZHOHFWUROX[FRP
&XLVVRQDXPLFURRQGHV
&RQVHLOVSRXUOHPLFURRQGHV
5«VXOWDWVGHFXLV഻ &DXVHSUREDEOH
VRQG«FRQJ«ODWLRQ
/HVDOLPHQWVVRQW
WURSVHFV
6ROXWLRQ
/DSURFKDLQHIRLVGLPLQXH]ODSXLVಣ
/DSXLVVDQFH«WDLWWURS
VDQFHHWDOORQJH]OHWHPSV
«OHY«H
/HWHPSVGHFXLVVRQ«WDLW
WURSORQJ
/HWHPSVGHFXLVVRQ«WDLW 5«JOH]XQHGXU«HSOXVORQJXH
/HVDOLPHQWVQH
WURSFRXUW
1 DXJPHQWH]SDVODSXLVVDQFHGHV
VRQWWRXMRXUVSDV
0LFURRQGHV
G«FRQJHO«VFKDXGV
RXFXLWVXQHIRLVOH
WHPSVGHFXLVVRQ
«FRXO«
/DSXLVVDQFH«WDLWWURS
/HVDOLPHQWVVRQW
«OHY«H
WURSFXLWVVXUOHV
ERUGVPDLVQHVRQW
SDVSU¬WVDXFHQWUH
/DSURFKDLQHIRLVGLPLQXH]ODSXLVಣ
VDQFHHWDOORQJH]OHWHPSV
'«FRQJ«ODWLRQGHYLDQGH
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
6WHDN NJ
9LDQGHKDFK«H NJ
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
9RODLOOH NJ
(VFDORSHGHSRXOHW
NJ
&XLVVHVGHSRXOHW
NJ
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUH഻
SRV PLQ
3RLVVRQHQWLHU NJ
)LOHWVGHSRLVVRQ NJ
'«FRQJ«ODWLRQGHYRODLOOH
'«FRQJ«ODWLRQGHSRLVVRQ
)5$1‰$,6
'«FRQJ«ODWLRQGHSURGXLWVODLWLHUV
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
%HXUUH NJ
)URPDJHU¤S« NJ
'«FRQJ«ODWLRQGHJ¤WHDX[S¤WLVVHULHV
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
*¤WHDX¢EDVHGHOHYXUH
PRUFHDX
*¤WHDXDXIURPDJH PRUಣ FHDX
*¤WHDXVDQVJDUQLWXUH H[
TXDWUHTXDUWV PRUFHDX
3DLQ NJ
3DLQHQWUDQFKHV NJ
3HWLWVSDLQV PRUFHDX[
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
)UXLWV NJ
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
3HWLWVSRWVSRXUE«E«V
NJ
/DLWSRXUE«E« PO LQWURGXLVH]XQHFXLOOªUH
GDQVOHELEHURQ
3ODWVSU«SDU«V NJ
3ODWVSU«SDU«VVXUJHO«V
NJ
/DLW PO
(DX PO
6DXFH PO
6RXSH PO
'«FRQJ«ODWLRQGHIUXLWV
5«FKDXIIHU
ZZZHOHFWUROX[FRP
)RQGUH
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
&KRFRODW(QUREDJHDXFKRಣ FRODW NJ
%HXUUH NJ
3ODW
3XLVVDQFH
:
'XU«H PLQ
7HPSVGHUHSRV
PLQ
3RLVVRQHQWLHU NJ
)LOHWVGHSRLVVRQ NJ
/«JXPHVIUDLV NJ
POG HDX
/«JXPHVVXUJHO«V NJ
POG HDX
3RPPHVGHWHUUHHQUREH
GHVFKDPSV NJ
5L] NJPOG HDX
3RSFRUQ
&XLVVRQ
)RQFWLRQ&RPEL0LFURRQGHV
8WLOLVH]FHWWHIRQFWLRQSRXUFXLVLQHUSOXV
UDSLGHPHQWOHVDOLPHQWVHWOHVIDLUHGRUHU
)RQFWLRQVFRPELQ«HV*ULOHW0LFUR
RQGHV
3ODW
3ODWVGHFXLVVRQ
3XLV഻ 7HPS«഻ 'X഻
VDQ഻ UDWXUH U«H
PLQ
r&
FH
:
3RVL഻ 7HPSVGH
WLRQV UHSRV PLQ
GHV
JULOOHV
PRLWL«VGH
SRXOHW
[NJ
3ODWHQYHUUHURQGš
FP
*UDWLQGH
SRPPHVGH
WHUUH NJ
3ODW¢JUDWLQ
5¶WLGHSRUF 3ODWHQYHUUHDYHF
«JRXWWRLU
FROOHW
NJ
)5$1‰$,6
([HPSOHVG XWLOLVDWLRQVGH
FXLVVRQVSRXUOHVU«JODJHVGH
SXLVVDQFH
/HVGRQQ«HVGXWDEOHDXVRQWIRXUQLHV¢
WLWUHLQGLFDWLIXQLTXHPHQW
5«JODJHGHSXLVVDQFH
8WLOLVDWLRQ
ವ
ವ
ವ
ವ
:
:
:
:
&KDXIIHUGHVOLTXLGHV
6DLVLUDXG«EXWGHODFXLVVRQ
&XLUHGHVO«JXPHV
ವ
ವ
:
:
'«FRQJHOHUHWU«FKDXIIHUGHVSODWVVXUJHO«V
&KDXIIHUGHVSODWVXQLTXHV
)DLUHIU«PLUGHVUDJR½WV
&XLUHGHVSODWV¢EDVHG ĕXIV
ವ
ವ
:
:
&RQWLQXHUODFXLVVRQGHSODWV
&XLUHGHVDOLPHQWVG«OLFDWV
&KDXIIHUGHODQRXUULWXUHSRXUE«E«
)DLUHIU«PLUGXUL]
5«FKDXIIHUGHVDOLPHQWVG«OLFDWV
)DLUHIRQGUHGXIURPDJHGXFKRFRODWGXEHXUUH
ವ
ವ
:
:
'«FRQJHOHUGHODYLDQGHGXSRLVVRQ
'«FRQJHOHUGXIURPDJHGHODFUªPHGXEHXUUH
'«FRQJHOHUGHVIUXLWVHWGHVJ¤WHDX[
'«FRQJHOHUGXSDLQ
(175(7,(1(71(772<$*(
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
5HPDUTXHVFRQFHUQDQW
O HQWUHWLHQ
1HWWR\H]ODID©DGHGXIRXU¢O DLGHG XQH
«SRQJHKXPLGHDGGLWLRQQ«HG HDX
VDYRQQHXVHWLªGH
8WLOLVH]XQSURGXLWFRXUDQWGHVWLQ«DX
QHWWR\DJHGHVVXUIDFHVHQP«WDO
1HWWR\H]O LQW«ULHXUGXIRXUDSUªVFKDTXH
XWLOLVDWLRQ/ DFFXPXODWLRQGHJUDLVVHVRX
G DXWUHVU«VLGXVDOLPHQWDLUHVSHXW
SURYRTXHUXQLQFHQGLH
1HWWR\H]VRLJQHXVHPHQWODYR½WHGH
O DSSDUHLOSRXU«OLPLQHUODJUDLVVHHWOHV
U«VLGXVDOLPHQWDLUHV
$SUªVFKDTXHXWLOLVDWLRQODYH]WRXVOHV
DFFHVVRLUHVHWV«FKH]OHV8WLOLVH]XQ
FKLIIRQGRX[DGGLWLRQQ«G HDXFKDXGH
VDYRQQHXVH1HODYH]SDVOHV
DFFHVVRLUHVDXODYHYDLVVHOOH
(QFDVGHVDOLVVXUHVLPSRUWDQWHV
QHWWR\H]¢O DLGHGHSURGXLWVVS«FLILTXHV
SRXUIRXU
6LYRXVDYH]GHVDFFHVVRLUHVDQWL
DGK«UHQWVQHOHVQHWWR\H]SDVDYHFGHV
SURGXLWVDJUHVVLIVGHVREMHWVSRLQWXVQL
DXODYHYDLVVHOOH&HODULVTXH
G HQGRPPDJHUOHUHY¬WHPHQWDQWL
DGK«VLI
‹OLPLQH]O KXPLGLW«GDQVODFDYLW«DSUªV
FKDTXHXWLOLVDWLRQ
ZZZHOHFWUROX[FRP
5HWUDLWGHVVXSSRUWVGH
JULOOH
$YDQWWRXWHRS«UDWLRQG HQWUHWLHQ
DVVXUH]YRXVTXHOHIRXUHVWIURLG
5LVTXHGHEU½OXUH
‹WHLJQH]OHIRXU
$WWHQGH]TXHOHIRXUDLWUHIURLGL
'«EUDQFKH]OHIRXUGHO DOLPHQWDWLRQ
VHFWHXU
3ODFH]XQFKLIIRQDXIRQGGHOD
FDYLW«
3RXUQHWWR\HUOHIRXUUHWLUH]OHVVXSSRUWV
GHJULOOH
$77(17,21
3UHQH]WRXMRXUVO DPSRXOH
KDORJªQHDYHFXQFKLIIRQ
SRXU«YLWHUTXHGHVU«VLGXV
GHJUDLVVHVXUO DPSRXOHQH
SUHQQHQWIHX
7LUH]DYHFSU«FDXWLRQOHVVXSSRUWV
YHUVOHKDXWHWVRUWH]OHVGHODSULVH
DYDQW
3
1
2
‹FDUWH]O DYDQWGXVXSSRUWGHJULOOH
GHODSDURLODW«UDOH
6RUWH]OHVVXSSRUWVGHODSULVH
DUULªUH
5«LQVWDOOH]OHVVXSSRUWVGHJULOOHHQ
U«S«WDQWFHWWHSURF«GXUHGDQVO RUGUH
LQYHUVH
‹FODLUDJHVXS«ULHXU
5HWLUH]OHGLIIXVHXUHQYHUUHGH
O DPSRXOHHQOHWRXUQDQW
1HWWR\H]OHGLIIXVHXUHQYHUUH
5HPSODFH]O DPSRXOHSDUXQH
DPSRXOHDG«TXDWHU«VLVWDQW¢XQH
WHPS«UDWXUHGHr&
5HSODFH]OHGLIIXVHXUHQYHUUH
5HPSODFHPHQWGH
O «FODLUDJH
$9(57,66(0(17
5LVTXHG «OHFWURFXWLRQ
/ DPSRXOHSHXW¬WUHFKDXGH
'‹3$11$*(
$9(57,66(0(17
5HSRUWH]YRXVDX[FKDSLWUHV
FRQFHUQDQWODV«FXULW«
(QFDVG DQRPDOLHGHIRQFWLRQQHPHQW
3UREOªPH
&DXVHSUREDEOH
6ROXWLRQ
9RXVQHSRXYH]SDVDOOXಣ
PHUOHIRXUQLOHIDLUHIRQFಣ
WLRQQHU
/HIRXUQ HVWSDVEUDQFK«¢
XQHVRXUFHG DOLPHQWDWLRQ
«OHFWULTXHRXOHEUDQFKHಣ
PHQWHVWLQFRUUHFW
9«ULILH]TXHOHIRXUHVWFRUಣ
UHFWHPHQWEUDQFK«¢XQH
VRXUFHG DOLPHQWDWLRQ«OHFಣ
WULTXH UHSRUWH]YRXVDX
VFK«PDGHEUDQFKHPHQW /HIRXUQHFKDXIIHSDV
/HIRXUHVW«WHLQW
$OOXPH]OHIRXU
)5$1‰$,6
3UREOªPH
&DXVHSUREDEOH
6ROXWLRQ
/HIRXUQHFKDXIIHSDV
/ KRUORJHQ HVWSDVU«JO«H
5«JOH]O KRUORJH
/HIRXUQHFKDXIIHSDV
/HVU«JODJHVQ«FHVVDLUHV
Q RQWSDV«W«HIIHFWX«V
9«ULILH]TXHOHVU«JODJHV
VRQWFRUUHFWV
/HIRXUQHFKDXIIHSDV
/DIRQFWLRQG DUU¬WDXWRPDಣ 5HSRUWH]YRXV¢m$UU¬W
WLTXHHVWDFWLY«H
DXWRPDWLTXH}
/HIRXUQHFKDXIIHSDV
/DV«FXULW«HQIDQWVHVWDFಣ
WLY«H
5HSRUWH]YRXV¢ODVHFWLRQ
m8WLOLVDWLRQGHODV«FXULW«
HQIDQWV}
/HIRXUQHFKDXIIHSDV
/HIXVLEOHDGLVMRQFW«
9«ULILH]TXHOHIXVLEOHHVW
ELHQODFDXVHGHO DQRPDಣ
OLH6LOHVIXVLEOHVGLVMRQFಣ
WHQWGHPDQLªUHU«S«W«H
IDLWHVDSSHO¢XQ«OHFWULಣ
FLHQTXDOLIL«
/ «FODLUDJHQHIRQFWLRQQH
SDV
/ «FODLUDJHHVWG«IHFWXHX[ 5HPSODFH]O DPSRXOH
/DFXLVVRQGHVDOLPHQWV
HVWWURSORQJXHRXWURSUDಣ
SLGH
/DWHPS«UDWXUHHVWWURS
EDVVHRXWURS«OHY«H
$MXVWH]ODWHPS«UDWXUHVL
Q«FHVVDLUH6XLYH]OHV
FRQVHLOVGXPDQXHOG XWLOLಣ
VDWLRQ
'HODYDSHXUHWGHODFRQಣ
GHQVDWLRQVHIRUPHQWVXU
OHVDOLPHQWVHWGDQVODFDಣ
YLW«GXIRXU
/HSODWHVWUHVW«WURSORQJಣ
WHPSVGDQVOHIRXU
1HODLVVH]SDVOHVSODWV
GDQVOHIRXUSHQGDQWSOXV
GH¢PLQXWHVDSUªV
ODILQGHODFXLVVRQ
8QFRGHG HUUHXUQHILJXಣ
UDQWSDVGDQVFHWDEOHDX
V DIILFKH
8QHDQRPDOLH«OHFWULTXH
HVWVXUYHQXH
ವ
ವ
'RQQ«HVGHPDLQWHQDQFH
6LYRXVQHWURXYH]SDVGHVROXWLRQDX
SUREOªPHYHXLOOH]FRQWDFWHUYRWUH
UHYHQGHXURXXQVHUYLFHDSUªVYHQWH
DJU««
/HVLQIRUPDWLRQV¢IRXUQLUDXVHUYLFH
DSUªVYHQWHILJXUHQWVXUODSODTXH
‹WHLJQH]OHIRXU¢O DLGH
GXIXVLEOHGHO KDELWDWLRQ
RXGXGLVMRQFWHXUVLWX«
GDQVODER°WH¢IXVLEOHV
SXLVDOOXPH]OHGHQRXಣ
YHDX
6LO DIILFKDJHLQGLTXHGH
QRXYHDXXQFRGHG HUಣ
UHXUFRQWDFWH]OHVHUYLಣ
FHDSUªVYHQWH
VLJQDO«WLTXH/DSODTXHVLJQDO«WLTXHVH
WURXYHVXUO HQFDGUHPHQWDYDQWGHOD
FDYLW«GXIRXU1HUHWLUH]SDVODSODTXH
VLJQDO«WLTXHGHODFDYLW«GXIRXU
ZZZHOHFWUROX[FRP
1RXVYRXVUHFRPPDQGRQVGHQRWHUFHVLQIRUPDWLRQVLFL
0RGªOH 02'
5«I«UHQFHGXSURGXLW 31&
1XP«URGHV«ULH 61
5(1'(0(17‹1(5*‹7,48(
‹FRQRPLHG «QHUJLH
&HIRXUHVWGRW«GH
FDUDFW«ULVWLTXHVTXLYRXV
SHUPHWWHQWG «FRQRPLVHUGH
O «QHUJLHORUVGHYRWUH
FXLVLQHDXTXRWLGLHQ
&RQVHLOVJ«Q«UDX[
$VVXUH]YRXVTXHODSRUWHGXIRXUHVW
FRUUHFWHPHQWIHUP«HORUVTXHOHIRXUHVW
HQPDUFKH(QFRXUVGHODFXLVVRQ
Q RXYUH]SDVODSRUWH1HWWR\H]
U«JXOLªUHPHQWOHMRLQWGHODSRUWHSRXU
TX LOUHVWHSURSUHHWDVVXUH]YRXVTX LO
HVWWRXMRXUVELHQIL[«GDQVODERQQH
SRVLWLRQ
8WLOLVH]GHVSODWVHQP«WDOSRXU
DXJPHQWHUOHV«FRQRPLHVG «QHUJLH
XQLTXHPHQWORUVTXHYRXVXWLOLVH]XQH
IRQFWLRQVDQVPLFURRQGHV 6LSRVVLEOHQHSU«FKDXIIH]SDVOHIRXU
DYDQWG \LQWURGXLUHYRVDOLPHQWV
6LODFXLVVRQGRLWGXUHUSOXVGH
PLQXWHVU«GXLVH]ODWHPS«UDWXUHGX
IRXUDXPLQLPXP¢PLQXWHVDYDQWOD
ILQGHODFXLVVRQHQIRQFWLRQGHODGXU«H
GHODFXLVVRQ/DFKDOHXUU«VLGXHOOH¢
O LQW«ULHXUGXIRXUSRXUVXLYUDODFXLVVRQ
8WLOLVH]ODFKDOHXUU«VLGXHOOHSRXU
U«FKDXIIHUG DXWUHVSODWV
/RUVTXHYRXVFXLVH]SOXVLHXUVSODWVOHV
XQVDSUªVOHVDXWUHVYHLOOH]¢QHSDV
WURSHVSDFHUOHVFXLVVRQV
&KDOHXUU«VLGXHOOH
3RXUFHUWDLQHVIRQFWLRQVGXIRXUVLXQ
SURJUDPPHDYHFV«OHFWLRQGXWHPSV
'XU«HRX)LQ HVWDFWLY«HWTXHOHWHPSV
GHFXLVVRQHVWVXS«ULHXU¢PLQXWHV
OHV«O«PHQWVFKDXIIDQWVVHG«VDFWLYHQW
DXWRPDWLTXHPHQWSOXVW¶W
0DLQWLHQGHVDOLPHQWVDXFKDXG
6«OHFWLRQQH]ODWHPS«UDWXUHODSOXV
EDVVHSRVVLEOHSRXUXWLOLVHUODFKDOHXU
U«VLGXHOOHHWPDLQWHQLUOHUHSDVDXFKDXG
/DWHPS«UDWXUHRXOHYR\DQWGHFKDOHXU
U«VLGXHOOHV DIILFKHQW
&XLVVRQDYHFO «FODLUDJH«WHLQW
‹WHLJQH]O «FODLUDJHHQFRXUVGHFXLVVRQ
$OOXPH]OHXQLTXHPHQWHQFDVGHEHVRLQ
(10$7,Š5('(3527(&7,21'(
/ (19,5211(0(17
5HF\FOH]OHVPDW«ULDX[SRUWDQWOH
«OHFWURQLTXHV1HMHWH]SDVOHVDSSDUHLOV
V\PEROH '«SRVH]OHVHPEDOODJHV
GDQVOHVFRQWHQHXUVSU«YXV¢FHWHIIHW
&RQWULEXH]¢ODSURWHFWLRQGH
O HQYLURQQHPHQWHW¢YRWUHV«FXULW«
UHF\FOH]YRVSURGXLWV«OHFWULTXHVHW
SRUWDQWOHV\PEROH DYHFOHVRUGXUHV
P«QDJªUHV(PPHQH]XQWHOSURGXLW
GDQVYRWUHFHQWUHORFDOGHUHF\FODJHRX
FRQWDFWH]YRVVHUYLFHVPXQLFLSDX[
)5$1‰$,6
ZZZHOHFWUROX[FRP
)5$1‰$,6
$
electrolux.com/shop