Les instructions détaillées pour l'utilisation figurent dans le Guide de l'utilisateur.
[. . . ] [. . . ] l l '$7$ /2*, & l l (DV\ /LQN l l 0HJDORJLF l RX l 60$57/, 1. l HW XWLOLVDQW XQ F EOH 6FDUW l )XOO\ ZLUHG l HQWUH OD ILFKH $9 GX W O YLVHXU HW OD ILFKH DSSURSUL H GH YRWUH PDJQ WRVFRSH RX ELHQ OD ILFKH $9 GX W O YLVHXU HW OD ILFKH DSSURSUL H GH YRWUH HQUHJLVWUHXU GH '9' 3RXU OD FRQQH[LRQ OD ILFKH 6FDUW DSSURSUL H GH O
DSSDUHLO G
HQUHJLVWUHPHQW FRQVXOWH] OH PDQXHO GH O
DSSDUHLO FRQFHUQ
/RUVTXH YRXV XWLOLVH] XQ DSSDUHLO SRUWDQW OH ORJR l 1(;79, (:/, 1. l OHV SULQFLSDOHV IRQFWLRQV GLVSRQLEOHV VRQW 7 O FKDUJHPHQW SU FRQILJXU
3HUPHW GH W O FKDUJHU O
RUGUH GHV FKDñQHV W O YLV HV O
DSSDUHLO G
HQUHJLVWUHPHQW SRXU TXH YRV HQUHJLVWUHPHQWV VRLHQW FRUUHFWV , O \ D SOXVLHXUV PDQLýUHV GH U DOLVHU FHWWH RS UDWLRQ 3HQGDQW O
LQVWDOODWLRQ FRPPH H[SOLTX GDQV OH JXLGH UDSLGH SDUWLU GH OD SDJH /RUVTXH O
$73 HVW ODQF GHSXLV OH PHQX 5 JODJH YRLU SDJH /RUVTXH OH W O FKDUJHPHQW SU FRQILJXU HVW ODQF GHSXLV O
DSSDUHLO G
HQUHJLVWUHPHQW &RQVXOWH] OH PDQXHO GH O
DSSDUHLO FRQFHUQ , PSRUWDQW &HUWDLQV DSSDUHLOV G
HQUHJLVWUHPHQW QH VXSSRUWHQW SDV FH W\SH GH V\VWýPH GH FRPPXQLFDWLRQ GH GRQQ HV &HUWDLQV VXSSRUWHQW FHUWDLQHV IRQFWLRQV PDLV SDV WRXWHV &RQVXOWH] OH PDQXHO GH O
DSSDUHLO FRQFHUQ 6L 4/LQN QH IRQFWLRQQH SDV FRQILUPH] WRXW G
DERUG TXH YRWUH F EOH 6FDUW HVW GX W\SH l )XOO\ ZLUHG l &RQVXOWH] YRWUH IRXUQLVVHXU SRXU DYRLU SOXV GH G WDLOV
7HO FUDQ WHO HQUHJLVWUHPHQW (15(*, 675(0(17 ', 5(&7
&HWWH IRQFWLRQ YRXV SHUPHW G
HQUHJLVWUHU LPP GLDWHPHQW O
PLVVLRQ TXH YRXV UHJDUGH] O
FUDQ VXU O
DSSDUHLO G
HQUHJLVWUHPHQW EUDQFK VXU OD ILFKH 6FDUW TXH YRXV SRXYH] FKRLVLU DYHF 4/LQN YRLU SDJH $SSX\H] VXU OH ERXWRQ ', 5(&7 79 5(& GH OD W O FRPPDQGH
6L XQ DSSDUHLO 4/LQN HVW FRQQHFW XQ PHVVDJH DSSDUDñW VXU O
FUDQ GX W O YLVHXU SRXU LQGLTXHU OH SURJUDPPH HQUHJLVWU RX ELHQ OH IDLW TXH O
HQUHJLVWUHPHQW Q
HVW SDV SRVVLEOH &HUWDLQV DSSDUHLOV FRPSDWLEOHV DYHF 4/LQN DIILFKHQW XQLTXHPHQW OH PHVVDJH ORUVTXH OD FKDñQH V OHFWLRQQ H HVW RX ORUVTX
LOV VRQW HQ PRGH $9 &RQVXOWH] OH PDQXHO GH O
DSSDUHLO
(QUHJLVWUHPHQW HQ FRXUV
/
DSSDUHLO HQUHJLVWUH OH VLJQDO GHSXLV VRQ SURSUH WXQHU 6L YRXV OH VRXKDLWH] YRXV SRXYH] DUUûWHU OH W O YLVHXU HW ODLVVHU O
DSSDUHLO HQUHJLVWUHU QRUPDOHPHQW
$XFXQ HQUHJ &DVVHWWH RX GLVTXH
/D FDVVHWWH RX OH GLVTXH HVW SHXWûWUH SURW J Q
D SDV W LQV U RX HVW HQGRPPDJ RX ELHQ O
DSSDUHLO HVW G M HQ WUDLQ G
HQUHJLVWUHU &RQVXOWH] OH PDQXHO GH O
DSSDUHLO
(Q RXWUH ORUVTXH YRXV XWLOLVH] XQ DSSDUHLO 4/LQN OHV IRQFWLRQV SULQFLSDOHV VXLYDQWHV VRQW GLVSRQLEOHV
/HV IRQFWLRQV FLGHVVRXV VRQW GLVSRQLEOHV XQLTXHPHQW SDUWLU GH O
DSSDUHLO EUDQFK VXU OD ILFKH 6FDUW V OHFWLRQQ H DYHF 4/LQN YRLU SDJH 6L YRXV PHWWH] XQ VXSSRUW SU HQUHJLVWU GDQV O
DSSDUHLO HW VL YRXV DSSX\H] VXU OH ERXWRQ /HFWXUH DORUV TXH OH W O YLVHXU HVW HQ PRGH 9HLOOH OH W O YLVHXU VH PHWWUD DXWRPDWLTXHPHQW HQ URXWH HW V OHFWLRQQHUD O
HQWU H $9 FRUUHFWH SRXU YRXV SHUPHWWUH GH YLVLRQQHU O
HQUHJLVWUHPHQW /RUVTXH OH W O YLVHXU HVW HQ PRGH YHLOOH O
DSSDUHLO G
HQUHJLVWUHPHQW VH PHWWUD JDOHPHQW HQ PRGH YHLOOH VL XQ GLVTXH RX XQH FDVVHWWH Q
D SDV W LQV U RX ELHQ VL XQH FDVVHWWH RX XQ GLVTXH D W LQV U HW TXH O
DSSDUHLO HVW HQ PRGH 5HPERELQDJH RX 6WRS 6L XQ PDJQ WRVFRSH HVW HQ WUDLQ GH UHPERELQHU XQH FDVVHWWH LO SDVVHUD HQ PRGH YHLOOH XQLTXHPHQW ORUVTXH OD FDVVHWWH VHUD FRPSOýWHPHQW UHPERELQ H 6L OH W O YLVHXU HVW HQ PRGH 9HLOOH HW VL O
DSSDUHLO G
HQUHJLVWUHPHQW HQYRLH XQ PHQX DIILFKHU VXU O
FUDQ GX W O YLVHXU 0HQX SULQFLSDO SDU H[HPSOH OH W O YLVHXU VH PHWWUD DXWRPDWLTXHPHQW HQ PDUFKH HW OH PHQX VHUD DIILFK '
DXWUHV DSSDUHLOV SHXYHQW VXSSRUWHU FHWWH IRQFWLRQ &RQVXOWH] OH PDQXHO &H W O YLVHXU FRPPXQLTXH DYHF G
DXWUHV DSSDUHLOV G
HQUHJLVWUHPHQW SRUWDQW OHV ORJRV VXLYDQWV k'$7$ /2*, &l PDUTXH FRPPHUFLDOH GH 0HW] &RUSRUDWLRQ -k(DV\ /LQNl PDUTXH FRPPHUFLDOH GH 3KLOLSV &RUSRUDWLRQ k0HJDORJLFl PDUTXH FRPPHUFLDOH GH *UXQGLJ &RUSRUDWLRQ -k60$57/, 1. l PDUTXH FRPPHUFLDOH GH 6RQ\ &RUSRUDWLRQ , PSRUWDQW &HV DSSDUHLOV G
HQUHJLVWUHPHQW SHXYHQW VXSSRUWHU WRXWHV OHV IRQFWLRQV FLGHVVXV RX FHUWDLQHV G
HQWUH HOOHV VHXOHPHQW &RQVXOWH] OHXU PDQXHO &HUWDLQV DSSDUHLOV G
HQUHJLVWUHPHQW QH VXSSRUWHQW SDV FH W\SH GH V\VWýPH GH FRPPXQLFDWLRQ GH GRQQ HV &HUWDLQV VXSSRUWHQW TXHOTXHV IRQFWLRQV PDLV SDV WRXWHV &RQVXOWH] OH PDQXHO GH O
DSSDUHLO FRQFHUQ &HUWDLQHV IRQFWLRQV VRQW GLVSRQLEOHV XQLTXHPHQW SRXU O
DSSDUHLO FRQQHFW OD SULVH 6FDUW V OHFWLRQQ H DYHF 4/LQN YRLU SDJH 6L 4/LQN QH IRQFWLRQQH SDV Y ULILH] G
DERUG TXH YRWUH F EOH 6FDUW HVW GX W\SH l )XOO\ ZLUHG l &RQVXOWH] YRWUH IRXUQLVVHXU
0LVH HQ URXWH DXWR GX W O YLVHXUDSSDUHLO G
HQUHJLVWUHPHQW
9HLOOH DXWRPDWLTXH GH O
DSSDUHLO G
HQUHJLVWUHPHQW
$IILFKDJH GH O
LPDJH GH O
DSSDUHLO G
HQUHJLVWUHPHQW
)RQFWLRQ PDJQ WRVFRSHOHFWHXU GH YLG RGLVTXHV '9'
&HWWH W O FRPPDQGH SHXW ûWUH XWLOLV H DYHF FHUWDLQV PDJQ WRVFRSHV HW OHFWHXUV GH YLG RGLVTXHV DX IRUPDW '9' 'LJLWDO 9HUVDWLOH 'LVF GH OD PDUTXH 3DQDVRQLF þWDQW GRQQ TXH FHUWDLQV PDJQ WRVFRSHV HW OHFWHXUV GH YLG RGLVTXHV RIIUHQW GHV IRQFWLRQV GLII UHQWHV YHXLOOH] YRXV U I UHU DX PRGH G
HPSORL GH O
DSSDUHLO RX FRQVXOWHU OH UHYHQGHXU SRXU YRXV LQIRUPHU
'9' 9&5
þWDW GH YHLOOH $SSX\H] VXU FHWWH WRXFKH SRXU PHWWUH OH PDJQ WRVFRSH RX HQUHJLVWUHXU GH '9' O
WDW GH YHLOOH $SSX\H] QRXYHDX SRXU O
DOOXPHU 7RXFKH PDJQ WRVFRSHOHFWHXU GH YLG RGLVTXHV '9' 8WLOLVH] FHWWH WRXFKH SRXU TXH OD W O FRPPDQGH FRPPDQGH OH PDJQ WRVFRSH RX OH OHFWHXU GH YLG RGLVTXHV /HFWXUH $SSX\H] VXU FHWWH WRXFKH SRXU OLUH OD FDVVHWWHOH GLVTXH YLG R $UUûW $SSX\H] VXU FHWWH WRXFKH SRXU DUUûWHU OD FDVVHWWHOH GLVTXH YLG R 6DXW GH SODJH$YDQFH UDSLGH9LVXDOLVDWLRQ 0$*1þ726&23( $SSX\H] VXU FHWWH WRXFKH SRXU FRPPDQGHU O
DYDQFH UDSLGH (Q PRGH /HFWXUH DSSX\H] VXU FHWWH WRXFKH SRXU YLVXDOLVHU O
LPDJH HQ PRGH G
DYDQFH UDSLGH /(&7(85 '9' $SSX\H] XQH IRLV VXU FHWWH WRXFKH SRXU VDXWHU OD SODJH VXLYDQWH
6DXW GH SODJH5HPERELQDJH UDSLGH9LVXDOLVDWLRQ 0$*1þ726&23( $SSX\H] VXU FHWWH WRXFKH SRXU UHPERELQHU OD EDQGH (Q PRGH /HFWXUH DSSX\H] VXU FHWWH WRXFKH SRXU YLVXDOLVHU OD EDQGH HQ PRGH GH UHPERELQDJH UDSLGH /(&7(85 '9' $SSX\H] XQH IRLV VXU FHWWH WRXFKH SRXU VDXWHU OD SODJH SU F GHQWH
$UUûW VXU LPDJH $SSX\H] VXU FHWWH WRXFKH HQ PRGH /HFWXUH SRXU REWHQLU O
DUUûW VXU LPDJH $SSX\H] GH QRXYHDX SRXU UHSUHQGUH OD OHFWXUH QRUPDOH
' ILOHPHQW $SSX\H] SRXU DXJPHQWHUGLPLQXHU G
XQH XQLW OD SRVLWLRQ GH SURJUDPPH GX PDJQ WRVFRSH
5(&
(QUHJLVWUHPHQW $SSX\H] VXU FHWWH WRXFKH SRXU HQUHJLVWUHU
)RQFWLRQ 7 O WH[WH
- /HV IRQFWLRQV GH 7 O WH[WH YDULHQW VHORQ OHV VRFL W V GH UDGLRGLIIXVLRQ HW QH VRQW GLVSRQLEOHV TXH VL OD FKDñQH V OHFWLRQQ H WUDQVPHW OH 7 O WH[WH - (Q DSSX\DQW VXU OD WRXFKH , PDJH HQ PRGH 7 O WH[WH OD IRQFWLRQ GH FRQWUDVWH DIILFKH XQH EDUUH GH FRXOHXU F\DQ DSSX\H] VXU * SRXU PRGLILHU OH U JODJH VHORQ OHV EHVRLQV - (Q DSSX\DQW VXU OD WRXFKH &RQILJXUDWLRQ HQ PRGH 7 O WH[WH OHV RSWLRQV GH IRQFWLRQV VS FLDOHV VRQW DIILFK HV HQ EDV GH O
FUDQ - $SSX\H] OH ERXWRQ 6RXQG HQ PRGH 7HOHWH[W SRXU DIILFKHU OHV IRQFWLRQV GH YROXPH VRXV IRUPH GH EDUUH YHUWH $SSX\H] VXU * SRXU HIIHFWXHU OHV U JODJHV UHTXLV
(Q TXRL FRQVLVWH OH PRGH /, 67 "
(Q PRGH /, 67 TXDWUH QXP URV GH SDJH GH FRXOHXUV GLII UHQWHV DSSDUDLVVHQW HQ EDV GH O
FUDQ &KDFXQ GH FHV QXP URV SHXW ûWUH FKDQJ HW HQUHJLVWU GDQV OD P PRLUH GX W O YLVHXU
(Q TXRL FRQVLVWH OH PRGH )/2) "
(Q PRGH )/2) TXDWUH VXMHWV GH FRXOHXUV GLII UHQWHV DSSDUDLVVHQW HQ EDV GH O
LPDJH 3RXU REWHQLU SOXV G
LQIRUPDWLRQ VXU O
XQ GH FHV VXMHWV DSSX\H] VXU OH ERXWRQ FRORU FRUUHVSRQGDQW &HWWH IRQFWLRQ SHUPHW G
REWHQLU UDSLGHPHQW GHV LQIRUPDWLRQV VXU OHV VXMHWV LQGLTX V
797(;7
0RGH 797 O WH[WH
$SSX\H] VXU OH ERXWRQ 7þ/þ7(;7( SRXU SDVVHU GX SURJUDPPH HQ FRXUV DX W O WH[WH HW OD IRQFWLRQ LPDJH HW WH[WH , PDJH HW WH[WH YRXV SHUPHW GH YRLU OH SURJUDPPH HQ FRXUV HW XQH SDJH GH W O WH[WH FÎWH FÎWH YRLU SDJH
6 OHFWLRQ GHV SDJHV
/HV SDJHV SHXYHQW ûWUH V OHFWLRQQ HV GH GHX[ PDQLýUHV D $SSX\H] VXU OHV WRXFKHV GH G ILOHPHQW SRXU DFFURñWUH RX G FURñWUH OH QXP UR GH OD IRLV SDJH G
XQH XQLW E (Q HQWUDQW OH QXP UR GH SDJH O
DLGH GHV WRXFKHV GH OD W O FRPPDQGH
6(7 83
3OHLQ +DXW %DV
$SSX\H] VXU OD WRXFKH &21), *85$7, 21 SRXU DIILFKHU OHV IRQFWLRQV VS FLDOHV SXLV VXU OD WRXFKH YHUWH $SSX\H] XQH QRXYHOOH IRLV VXU OD WRXFKH YHUWH SRXU DJUDQGLU OD SDUWLH , 1)(5, (85( GH O
FUDQ $SSX\H] XQH QRXYHOOH IRLV SRXU UHYHQLU O
DIILFKDJH QRUPDO SOHLQ FUDQ
6(7 83
5 Y OHU
$SSX\H] VXU OD WRXFKH &21), *85$7, 21 SRXU DIILFKHU OHV IRQFWLRQV VS FLDOHV SXLV VXU OD WRXFKH URXJH SRXU U Y OHU OHV PRWV FDFK V SDU H[HPSOH OHV U SRQVHV DX[ SDJHV GH MHX[ $SSX\H] GH QRXYHDX SRXU FDFKHU OHV U SRQVHV
7RXFKHV URXJH YHUWH MDXQH EOHXH
(Q PRGH )/2) FHV GHUQLýUHV FRUUHVSRQGHQW DX[ GLII UHQWV VXMHWV GH FRXOHXU (Q PRGH /, 67 HOOHV FRUUHVSRQGHQW DX[ GLII UHQWV QXP URV GH SDJHV FRORU HV
0 PRLUH GH OLVWH
675
(Q PRGH /, 67 OHV TXDWUH QXP URV GH SDJH SHXYHQW ûWUH FKDQJ V SRXU OHV SRVLWLRQV GH FKDñQHV VHXOHPHQW 3RXU FH IDLUH DSSX\H] VXU O
XQH GHV WRXFKHV GH FRXOHXU HW HQWUH] OH QRXYHDX QXP UR GH SDJH 3UHVVH] HW PDLQWHQH] HQIRQF H OD WRXFKH 675 MXVTX
FH TXH OHV QXP URV GH SDJH FKDQJHQW GH FRXOHXU
+2/'
0DLQWLHQ GH OD SDJH
$SSX\H] VXU OD WRXFKH +2/' SRXU UHWHQLU OD SDJH 7 O WH[WH ORUV GH OD FRQVXOWDWLRQ G
LQIRUPDWLRQV FRXUDQW VXU SOXVLHXUV SDJHV $SSX\H] GH QRXYHDX SRXU UHYHQLU OD PLVH MRXU DXWRPDWLTXH
)RQFWLRQ 7 O WH[WH
, O Q
HVW SDV SRVVLEOH GH FKDQJHU OD SRVLWLRQ GX SURJUDPPH HQ PRGH )ODVK G
LQIRUPDWLRQV 0LVH
675 3DJH SU I U H )3 )3
MRXU RX $FFýV DX[ VRXVSDJHV
&HWWH IRQFWLRQ SHUPHW GH P PRULVHU XQH SDJH HW GH OD UDSSHOHU LQVWDQWDQ PHQW 3RXU PHWWUH OD SDJH HQ P PRLUH OH W O YLVHXU GRLW ûWUH HQ PRGH /LVWH HW OD SRVLWLRQ GH SURJUDPPH GRLW ûWUH HQWUH HW $SSX\H] VXU OD WRXFKH EOHXH SRXU V OHFWLRQQHU OH QXP UR GH SDJH SXLV DSSX\H] VXU OD WRXFKH 675 HW WHQH] OD HQIRQF H /H QXP UR GH SDJH HVW DORUV P PRULV $SSX\H] VXU OD WRXFKH )3 SRXU UDSSHOHU FHWWH SDJH
0LVH
6(7 83
$SSX\H] VXU OH ERXWRQ 5þ*/$*( SRXU DIILFKHU OHV IRQFWLRQV VS FLDOHV SXLV VXU OH ERXWRQ -DXQH SRXU DIILFKHU O
LPDJH GX W O YLVHXU WRXW HQ UHFKHUFKDQW XQH SDJH W O WH[WH SDV Q FHVVDLUHPHQW HQ PRGH LPDJH HW WH[WH FDU O
LPDJH HVW DIILFK H VXU OD JDXFKH GH O
FUDQ /RUVTXH OD SDJH HVW WURXY H O
FUDQ DIILFKHUD OH QXP UR GH OD SDJH HQ KDXW JDXFKH $SSX\H] VXU OD WRXFKH MDXQH SRXU YRLU OD SDJH $SSX\H] VXU 797(;7 SRXU UHYHQLU HQ PRGH 79 QRUPDO
MRXU
1HZV )ODVK )ODVK G
LQIRUPDWLRQV /RUVTX
XQH SDJH GH IODVK G
LQIRUPDWLRQV D W V OHFWLRQQ H DSSX\H] VXU OD WRXFKH &21), *85$7, 21 HW VXU OD WRXFKH MDXQH SRXU UHJDUGHU OD W O YLVLRQ QRUPDOHPHQW /RUVTXH OD PLVH MRXU G
XQ IODVK G
LQIRUPDWLRQV VHUD FDSW H OH QXP UR GH SDJH VHUD DIILFK VXU O
FUDQ $SSX\H] DORUV VXU OD WRXFKH MDXQH SRXU DIILFKHU OH IODVK G
LQIRUPDWLRQV $SSX\H] VXU 797(;7 SRXU UHYHQLU HQ PRGH 79 QRUPDO 8SGDWH 0LVH MRXU $SSX\H] VXU OD WRXFKH &21), *85$7, 21 HW VXU OD WRXFKH MDXQH SRXU YLVXDOLVHU OD PLVH MRXU G
LQIRUPDWLRQV VXU FHUWDLQHV SDJHV /RUVTX
XQH PLVH MRXU HVW FDSW H OH QXP UR GH SDJH HVW DIILFK HQ KDXW GH O
FUDQ JDXFKH $SSX\H] VXU OD WRXFKH MDXQH SRXU YLVXDOLVHU OD SDJH $SSX\H] VXU 797(;7 SRXU UHYHQLU HQ PRGH 79 QRUPDO
$FFýV DX[ VRXVSDJHV
6(7 83
/RUVTXH OHV LQIRUPDWLRQV GX 7HOHWH[W WLHQQHQW VXU SOXV G
XQH SDJH LO VH SHXW TXH OH SDVVDJH DXWRPDWLTXH G
XQH VRXVSDJH O
DXWUH MXVTX
FHOOH UHTXLVH SUHQQH GX WHPSV /RUVTX
XQH VRXVSDJH HVW WURXY H VRQ QXP UR V
DIILFKH HQ KDXW GH OD SDJH SRXU TXH YRXV SXLVVLH] OD V OHFWLRQQHU $X IXU HW PHVXUH TXH OHV VRXVSDJHV VRQW G WHFW HV OHV LQIRUPDWLRQV VLWX HV DX VRPPHW GH OD SDJH FKDQJHQW HW YRXV DYH] WRXMRXUV DFFýV DX FKRL[ GH VRXVSDJHV OH SOXV U FHQW (Q PRGH LPDJH HW WH[WH XWLOLVH] OHV WRXFKHV GH FXUVHXU JDXFKH HW GURLWH SRXU V OHFWLRQQHU XQH VRXVSDJH TXL VH WURXYH GDQV OD JDPPH GH QXP URV GH SDJHV DIILFK H DX VRPPHW GH OD IHQûWUH 7HOHWH[W /RUVTXH OH 7HOHWH[W IRQFWLRQQH VXLYH] OD SURF GXUH VXLYDQWH SRXU DFF GHU DX[ VRXVSDJHV 6L OD VRXVSDJH TXH YRXV VRXKDLWH] FRQVXOWHU Q
HVW SDV HQFRUH GLVSRQLEOH DSSX\H] VXU OD WRXFKH 6(783 SRXU DIILFKHU OHV IRQFWLRQV VS FLDOHV SXLV DSSX\H] VXU OD WRXFKH MDXQH SRXU DIILFKHU O
LPDJH 79 SHQGDQW TXH OH V\VWýPH WURXYH OD SDJH UHTXLVH /HV VRXVSDJHV WURXY HV VHURQW DIILFK HV DX VRPPHW GH O
FUDQ /RUVTXH OD VRXVSDJH TXH YRXV DYH] GHPDQG H HVW GLVSRQLEOH DSSX\H] VXU OD WRXFKH MDXQH SRXU UHWRXUQHU O
DIILFKDJH GHV SDJHV 7HOHWH[W SXLV XWLOLVH] OHV WRXFKHV GH FXUVHXU JDXFKH HW GURLWH SRXU V OHFWLRQQHU OD VRXVSDJH GH YRWUH FKRL[ 5HPDUTXHV - 6L YRXV QH YRXOH] SDV TXH OHV TXDWUH WRXFKHV VS FLDOHV GH FRXOHXU DSSDUDLVVHQW VXU O
LPDJH 79 SHQGDQW TXH YRXV DWWHQGH] TXH OD SDJH UHTXLVH VRLW WURXY H DSSX\H] VXU OD WRXFKH GH PHQX 3, &785( 6281' RX 6(783 SRXU VXSSULPHU OHV WRXFKHV GH O
FUDQ $SSX\H] XQH QRXYHOOH IRLV VXU OD WRXFKH 6(783 SRXU DIILFKHU QRXYHDX OHV WRXFKHV 6L - YRXV DYH] HIIDF OHV WRXFKHV GH IRQFWLRQ VS FLDOHV SXLV VL YRXV DYH] XWLOLV OHV WRXFKHV GH FXUVHXU JDXFKH HW GURLWH SRXU V OHFWLRQQHU XQH VRXVSDJH DORUV TXH YRXV WLH] WRXMRXUV HQ PRGH 79 YRXV GHYH] DSSX\HU VXU OD WRXFKH 6(783 SXLV VXU OD WRXFKH MDXQH SRXU IDLUH U DSSDUDñWUH OD SDJH 7HOHWH[W - 6L YRXV FRQVWDWH] TXH OHV VRXVSDJHV VRQW WUDQVPLVHV PDLV O
DIILFKDJH QH FKDQJH SDV OH QXP UR GH OD VRXVSDJH LQGLTXH TXH OH FRQWHQX D W PLV MRXU HW TX
LO Q
\ D DXFXQH VRXVSDJH 6L YRXV VDYH] TXHOOH VRXVSDJH YRXV YRXOH] DIILFKHU DSSX\H] VXU OH ERXWRQ 6(783 SRXU DIILFKHU OHV IRQFWLRQV VS FLDOHV SXLV VXU OH ERXWRQ %OHX 7
VHUD DIILFK O
HQGURLW RÖ OH QXP UR GH OD SDJH VH WURXYH KDELWXHOOHPHQW (QWUH] OH QXP UR GH OD VRXVSDJH DYDQW TXH OH 7
QH GLVSDUDLVVH 3DU H[HPSOH SRXU V OHFWLRQQHU OD SDJH HQWUH] HW $SSX\H] VXU OH ERXWRQ MDXQH SRXU DIILFKHU O
LPDJH GX W O YLVHXU SHQGDQW TXH YRXV DWWHQGH] TXH OHV VRXVSDJHV VXSSO PHQWDLUHV VRLHQW ORFDOLV HV /HV VRXVSDJHV ORFDOLV HV VHURQW DIILFK HV HQ KDXW GH O
FUDQ /RUVTXH OD SDJH HVW GLVSRQLEOH DSSX\H] VXU OH ERXWRQ MDXQH SRXU O
DIILFKHU 4XHO TXH VRLW OH QRPEUH GH SDJHV WURXY HV ORUVTXH YRXV DSSX\H] VXU OH ERXWRQ MDXQH FH VHUD OD VRXVSDJH GHPDQG H TXL V
DIILFKHUD 3RXU UHYHQLU DX PRGH GH IRQFWLRQQHPHQW 79 QRUPDO DSSX\H] VXU 797(;7
, 1'(;
, QGH[
(Q PRGH )/2) $SSX\H] VXU , 1'(; SRXU UHYHQLU VXU OD SDJH G
LQGH[ SULQFLSDO 6HORQ OD IDRQ GRQW OHV LQIRUPDWLRQV VRQW WUDQVPLVHV YRXV GHYUH] SHXWûWUH SUHVVHU SOXV G
XQH IRLV FHWWH WRXFKH SRXU UHYHQLU O
LQGH[ SULQFLSDO
&RQQH[LRQV $XGLR 9LG R
9RXV SRXYH] FRQQHFWHU GLYHUV TXLSHPHQWV FH W O YLVHXU /HV SDJHV VXLYDQWHV H[SOLTXHQW FRPPHQW FRQQHFWHU GHV TXLSHPHQWV H[WHUQHV O
DYDQW HW O
DUULýUH GX W O YLVHXU /RUVTXH YRWUH TXLSHPHQW HVW FRQQHFW XWLOLVH] OD SURF GXUH FLGHVVRXV SRXU DIILFKHU OHV LPDJHV YHQDQW GH FHW TXLSHPHQW $SSX\H] VXU OH ERXWRQ 79$9 $SSX\H] VXU OD WRXFKH GH V OHFWLRQ DSSURSUL H O
FUDQ SRXU V OHFWLRQQHU OD VRXUFH $9 TXH YRXV G VLUH] DIILFKHU DSSX\H] VXU OH ERXWRQ YHUW SDU H[HPSOH SRXU V OHFWLRQQHU $9 VL YRXV DYH] FRQQHFW XQ PDJQ WRVFRSH OD ILFKH $9 3HULW O /HV WRXFKHV GH V OHFWLRQ DSSDUDLVVHQW O
FUDQ DSUýV TXHOTXHV VHFRQGHV 6L YRXV G VLUH] V OHFWLRQQHU XQH HQWU H ORUVTXH OHV WRXFKHV QH VRQW SDV DIILFK HV DSSX\H] VXU OD WRXFKH 79$9 XQH IRLV GH SOXV HW OHV WRXFKHV U DSSDUDñWURQW 1RWHV - 9RXV SRXYH] JDOHPHQW V OHFWLRQQHU XQH VRXUFH $9 DYHF OH ERXWRQ 79$9 TXL VH WURXYH VXU OH WDEOHDX GH FRPPDQGH O
DYDQW GH YRWUH W O YLVHXU $SSX\H] VXU OH ERXWRQ 79$9 SOXVLHXUV IRLV MXVTX
FH TXH YRXV DUULYLH] OD VRXUFH $9 TXH YRXV G VLUH] DIILFKHU - (Q PRGH $9 OH QRPEUH G
RSWLRQV GHV PHQXV 621 HW &21), *85$7, 21 HVW U GXLW SDU H[HPSOH DX PHQX &RQILJXUDWLRQ LO Q
\ D SDV GH PHQX &RQILJXUDWLRQ
79$9
79$9
)LFKHV IURQWDOHV
'HV TXLSHPHQWV VXSSO PHQWDLUHV SHXYHQW ûWUH FRQQHFW V O
DYDQW GH YRWUH W O YLVHXU SDU XQH SULVH 69LG R EURFKHV $9 XQH SULVH 5&$ $XGLR 9LG R $9 HW XQH SULVH SRXU FDVTXH
6RUWLH SULVH FDVTXH 69 )LFKH MDFN VW U R PP
(QWU H YLG R SULVH 69LG R
(QWU H YLG R SULVH 9
(QWU H DXGLR SULVHV /5 JDXFKHGURLWH
& EOH YLG R 5&$
F EOHV DXGLR 5&$
&$648( 67þ5þ2 DYHF ILFKH MDFN PP
&$0(6&23(
1RWHV - /HV TXLSHPHQWV DX[LOLDLUHV HW OHV F EOHV UHSU VHQW V QH VRQW SDV IRXUQLV DYHF OH W O YLVHXU - 3RXU OHV LQIRUPDWLRQV VXU OH F EODJH GH OD SULVH 69LG R YRLU HQ SDJH
&RQQH[LRQV $XGLR 9LG R
3ULVHV DUULýUH
, O HVW SRVVLEOH GH EUDQFKHU GHV DSSDUHLOV VXSSO PHQWDLUHV $9$96$96 6RUWLH GHV SULVHV 6257, ( $8', 2 * ' O
DUULýUH GH YRWUH W O YLVHXU YLD WURLV SULVHV S ULWHO EURFKHV (QWU H $9& &RPSRQHQW [ 5&$ 9LGHR &DEOH
&KDñQH KLIL
/(&7(85 '9'
$ QRWHU &H WHUPLQDO DFFHSWH OH IRUPDW LQ WHUODF QRUPDO DLQVL TXH OH IRUPDW SURJUHV VLI
& EOH 3(5, 7(/ (QWU HVRUWLH GH OD SULVH 3(5, 7(/ $9
& EOH 3(5, 7(/ (QWU HVRUWLH GH OD SULVH 3(5, 7(/ $9
& EOH 3(5, 7(/ (QWU HVRUWLH GH OD SULVH 3(5, 7(/ $9 GH OD OLDLVRQ 4/LQN
& EOH 3(5, 7(/ (QWU HVRUWLH GH OD SULVH 3(5, 7(/ $9 GH OD OLDLVRQ 4/LQN
0$*1þ726&23(
0$*1þ726&23(
0$*1þ726&23( 0$*1þ726&23( 69, 'þ2 0$*1þ726&23( &203$7, %/( /, $, 621 4/, 1.
(15(*, 675(85 '9' &203$7, %/( 4/, 1. /(&7(85 '9'
/(&7(85 '9'
'þ&2'(85
/(&7(85 '9'
'þ&2'(85
&$0(6&23( 69, '(2
/(&7(85 '9' (15(*, 675(85 '9'
&$0(6&23( 69, '(2
0$*1(726&23( 0$*1(726&23( 69, 'þ2
&$0(6&23( 69, '(2
&$0(6&23( 69, '(2
&2162/( '( -(825', 1$7(85 59%
1RWHV - /
TXLSHPHQW DX[LOLDLUH HW OHV F EOHV UHSU VHQW V QH VRQW SDV IRXUQLV DYHF FH W O YLVHXU - 1H EUDQFKH] SDV G
RUGLQDWHXU PXQL G
XQH VRUWLH 77/ 9 VXU FH W O YLVHXU - /D SULVH $9 EURFKHV SHXW JDOHPHQW ûWUH XWLOLV H FRPPH VRUWLH SRXU O
TXLSHPHQW DXGLRYLG R G WDLOV SDJH - 3RXU OHV LQIRUPDWLRQV VXU OH F EODJH GH OD SULVH 3HULW O YRLU HQ SDJH - $96 Q
HVW SDV GLVSRQLEOH ORUVTXH YRXV DYH] FRQQHFW XQ FRPSRVDQW/RUVTXH YRXV UDFFRUGH] O
HQWU H FRPSRVDQWV VXU $9 V OHFWLRQQH] $9& SRXU DIILFKHU O
LPDJH FRUUHFWHPHQW &HUWDLQHV IRQFWLRQV VHURQW SHXWûWUH OLPLW HV GDQV FH PRGH - /
HQWU H FRPSRVDQW YLG R HVW GHVWLQ H XQLTXHPHQW OD YLG R 3RXU O
DXGLR YRXV GHYH] JDOHPHQW FRQQHFWHU XQ F EOH VFDUW $9 - (Q PRGH $9& HQWU H SURJUHVVLYH HW GHV FRPSRVDQWV OD VRUWLH PRQLWHXU $9 Q
HVW SDV GLVSRQLEOH - &RQILUPHU ORUV GH O
XWLOLVDWLRQ GH OD FRQQHFWLRQ $9& TXH O
DSSDUHLO H[WHUQH FRQQHFW SDU H[ OH OHFWHXU GH '9' Q
HVW SDV U JO VXU 59%
'LDJQRVWLF GHV SDQQHV
6L YRXV DYH] GHV SUREOýPHV DYHF YRWUH W O YLVHXU YHXLOOH] FRQVXOWHU OH WDEOHDX FLGHVVRXV $SUýV DYRLU LGHQWLIL OHV V\PSWÎPHV U DOLVH] OD Y ULILFDWLRQ VXJJ U H 6L FHOD QH VXIILW SDV SRXU U VRXGUH OH SUREOýPH FRQWDFWH] YRWUH IRXUQLVVHXU 3DQDVRQLF HQ FLWDQW OD U I UHQFH GX PRGýOH HW OH QXP UR GH V ULH TXH YRXV WURXYHUH] O
DUULýUH GX W O YLVHXU
6\PSWÎPHV
, PDJH 6RQ
9 ULILHU
/D SRVLWLRQ O
RULHQWDWLRQ RX OH UDFFRUGHPHQW GH O
DQWHQQH , PDJH QHLJHXVH 6RQ GLVFRUGDQW
/D SRVLWLRQ O
RULHQWDWLRQ RX OH UDFFRUGHPHQW GH O
DQWHQQH , PDJH G PXOWLSOL H 6RQ QRUPDO /D SUR[LPLW G
DSSDUHLOV OHFWURP QDJHUV GH YRLWXUHVPRWRF\FOHWWHV G
FODLUDJHV IOXRUHVFHQWV 6 OHFWLRQQH] OD IRQFWLRQ 315 GDQV OH PHQX , PDJH SRXU U GXLUH OD GLVWRUVLRQ GH O
LPDJH
3DUDVLWHV
6RQ GLVFRUGDQW
/H U JODJH GH YROXPH 6L OD FRXSXUH GH VRQ HVW DFWLY H , PDJH QRUPDOH 3DV GH VRQ 6L OH W O YLVHXU HVW HQ PRGH $9 6L OD SULVH VHFWHXU HVW ELHQ EUDQFK H 6L OH W O YLVHXU HVW DOOXP 6L OHV QLYHDX[ GH VRQ HW G
LPDJH VRQW U JO V DX PLQLPXP 6L OH W O YLVHXU HVW O
WDW GH YHLOOH
3DV G
LPDJH
3DV GH VRQ
6L OH U JODJH GHV FRXOHXUV HVW DX PLQLPXP 3DV GH FRXOHXU 6RQ QRUPDO
5 DFFRUGHU OHV FDQDO FDQDX[ 0DXYDLVH LPDJH RX GLVWRUVLRQ 6RQ IDLEOH RX SDV GH VRQ 6
LO \ D XQH LQWHUI UHQFH PDJQ WLTXH G
XQ TXLSHPHQW QRQ EOLQG 6L OH W O YLVHXU D W G SODF DORUV TX
LO WDLW DOOXP 'DQV FH FDV O
WHLQGUH SHQGDQW DX PRLQV PLQXWHV 6L O
LPDJH HVW O JýUHPHQW LQFOLQ H XWLOLVH] OD IRQFWLRQ GH FRUUHFWLRQ J RPDJQ WLTXH YRLU *XLGH GH PLVH HQ URXWH UDSLGH SDJH /D U FHSWLRQ GX VRQ SHXW V
ûWUH G JUDG H 0HWWUH OH U JODJH 03; PHQX 6RQ VXU 0RQR MXVTX
FH TXH OD U FHSWLRQ V
DP OLRUH , PDJH QRUPDOH 6RQ IDLEOH RX GLVFRUGDQW
7DFKHV GH FRXOHXU
6RQ QRUPDO
, QIRUPDWLRQV VXU OHV SULVHV 3HULW O HW 6YLGHR
3ULVHV 3(5, 7(/ EURFKHV $9 HW $9 6 9LG R 4 /LQN $9 XQLTXHPHQW 3ULVHV 3(5, 7(/ EURFKHV $9 HW $9 6 9LG R 4 /LQN $9 XQLTXHPHQW 3ULVH EURFKHV 69LGHR
&RQQHFWHXU GH PDVVH 6RUWLH &9%6 YLG R 0DVVH &9%6 5RXJH LQ 6& , Q
0DVVH URXJH (QWU H YHUWH 0DVVH YHUWH (QWU H EOHXH 0DVVH EOHXH 6RUWLH DXGLR * 6RUWLH DXGLR '
(QWU H &9%6 YLG R 0DVVH WDW 59% (WDW 59% 0DVVH /LDLVRQ 4/LQN $9 (WDW &9%6 YLG R (QWU H DXGLR * 0DVVH DXGLR (QWU H DXGLR '
&RQQHFWHXU GH PDVVH 6RUWLH &9%6 YLG R 0DVVH &9%6 (QWU H 6&
0DVVH 0DVVH 0DVVH 6RUWLH DXGLR * 6RUWLH DXGLR '
(QWU H &9%6 YLG R 0DVVH (QWU H FKURPLQDQFH 0DVVH /LDLVRQ 4/LQN $9 (WDW YLG R &9%6 (QWU H DXGLR * 0DVVH DXGLR (QWU H DXGLR ' 0DVVH FKURPLQDQFH
(QWU H OXPLQDQFH
0DVVH OXPLQDQFH
/HV HQWU HV DG TXDWHV SRXU $9 $9 LQFOXHQW 59% 5RXJH9HUW%OHX 6& r , Q
VXU 3LQ j6& r , Q
V
DSSOLTXH $9 XQLTXHPHQW /HV EURFKHV $9 HW G SHQGHQW GH OD FRPPXWDWLRQ 69+6 9, 'þ2 $9
6& r , Q
VXU 3LQ j6& r , Q
V
DSSOLTXH $9 XQLTXHPHQW /HV EURFKHV $9 HW G SHQGHQW GH OD FRPPXWDWLRQ 69+6 9, 'þ2 $9
&DUDFW ULVWLTXHV
7; 3') $OLPHQWDWLRQ OHFWULTXH &RQVRPPDWLRQ &RQVRPPDWLRQ HQ YHLOOH 7XEH LPDJH 'LDJRQDOH YLVLEOH 6RUWLH DXGLR 3XLVVDQFH PXVLFDOH 'LPHQVLRQ 3RLGV NJ + / 3 9 $& +] : : FP ' JUDYHV : *DXFKH : [ 032 PP PP PP 3$/ % * + , 6(&$0 % * 6(&$0 //
9+) ( ( 9+) + + , 7$/, ( 9+) $ + , 7$/, ( 8+) ( ( &$79 6 6 &$79 6 6 0 0 &$79 6 6 8 8 &$79 6 6 K\SHUEDQGH 3$/ ' . [. . . ] [. . . ]