Mode d'emploi PANASONIC TX-32PM11DM

[. . . ] 7;30' 7;30' 7;30'% 7;30'0 7;30'%0 VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD 7 O YLVHXU FRXOHXU VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD 0RGH G HPSORL VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL )UDQDLV Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3D 74%('0 QDVRQLFk3DQDVRQLF %, (19(18( &KHU FOLHQW 3DQDVRQLF %LHQYHQXH GDQV OD IDPLOOH GHV XWLOLVDWHXUV GH SURGXLWV 3DQDVRQLF 1RXV HVS URQV TXH FH W O YLVHXU FRXOHXU YRXV SURFXUHUD GHV DQQ HV GH MRLH &HW DSSDUHLO WDQW H[WUûPHPHQW VRSKLVWLTX QRXV YRXV UHFRPPDQGRQV GH YRXV UHSRUWHU WRXW G DERUG DX JXLGH GH PLVH HQ URXWH UDSLGH DYDQW GH SUHQGUH FRQQDLVVDQFH GX PRGH G HPSORL FRPSOHW TXH YRXV GHYUH] FRQVHUYHU VRLJQHXVHPHQW GHV ILQV GH U I UHQFH XOW ULHXUH 7$%/( '(6 0$7, (5(6 6rvrr r phv " 6pprvr # Bvqr qr vr r r hvqr $ 8hqr vpvhyr ' 6ir q thr ( Vvyvr yr r ph 6whtr q sh qr yvhtr Apv Cyq " Hr Qvpvhy # Dhtr $ T & 8svthv ' S tyhtr !Uhiyrh qr thr !# S tyhtr 6UQ 8svthv hhvr !$ S tyhtr S tyhtr hry !% Ghtr PT9 !' Gvhv RGvx !( Apv Hht pr Grpr qr vq qvr 9W9S " Apv U y rr "!8rv hqv vq "$ 6 OHFWLRQ HW FRQILJXUDWLRQ $9 )LFKHV IURQWDOHV 3ULVHV DUULýUH %URFKDJH GHV SULVHV 3(5, 7(/ HW 69LG R 9vhtvp qr hr "' Dshv trrhyr "( 8hhp vvr "( $9(57, 66(0(176 (7 35þ&$87, 216 - &H W O YLVHXU HVW FRQX SRXU IRQFWLRQQHU VXU - 8QH YHQWLODWLRQ VXIILVDQWH GRLW ûWUH SU YXH DILQ XQ U VHDX GH 9 $& +] - 1 H[SRVH] MDPDLV OH W O YLVHXU OD SOXLH RX XQH VRXUFH G KXPLGLW H[FHVVLYH GHV FKRFV OHFWULTXHV RX PûPH XQ ULVTXH G LQFHQGLH SRXUUDLW HQ U VXOWHU HW HQGRPPDJHU O DSSDUHLO 1H MDPDLV H[SRVHU FH W O YLVHXU GHV FODERXVVXUHV RX GHV JRXWWHV G HDX 1H MDPDLV SRVHU G REMHWV UHPSOLV GH OLTXLGH FRPPH GHV YDVHV VXU OH W O YLVHXU RX DXGHVVXV GH FH GHUQLHU G YLWHU XQH YHQWXHOOH G W ULRUDWLRQ GHV FRPSRVDQWV OHFWURQLTXHV , O IDXW SU YRLU DX PRLQV XQ HVSDFH GH FP WRXW DXWRXU GX W O YLVHXU PûPH VL FHOXLFL HVW SODF GDQV XQ PHXEOH RX HQWUH GHV WDJýUHV - , O HVW LQWHUGLW G HPSûFKHU OD YHQWLODWLRQ HQ FRXYUDQW OHV JULOOHV G D UDWLRQ DYHF GHV REMHWV FRPPH MRXUQDX[ QDSSHV RX ULGHDX[ 1 6UU@IUDPI ) C6VU@ U@ITDPI ÄÄÄ 1H UHWLUH] MDPDLV OH FRXYHUFOH DUULýUH SRXU QH SDV ODLVVHU VDQV SURWHFWLRQ OHV SLýFHV VRXV WHQVLRQ /H W O YLVHXU QH FRQWLHQW DXFXQH SLýFH LQWHUQH U SDUDEOH SDU O XWLOLVDWHXU - (YLWH] G H[SRVHU OH W O YLVHXU GLUHFWHPHQW GDRVD96UDPI þ8PGPBDRV@ 9þ8C@UT 1H MHWH] SDV OHV EDWWHULHV OHV HPEDOODJHV HW OHV YLHX[ DSSDUHLOV DYHF OHV RUGXUHV P QDJýUHV PDLV WULH] OHV VHORQ OD O JLVODWLRQ HQ YLJXHXU 1 9@T DX[ UD\RQV GX VROHLO RX WRXWH DXWUH VRXUFH GH FKDOHXU 3RXU YLWHU OHV ULVTXHV G LQFHQGLH QH MDPDLV SRVHU XQH ERXJLH RX DXWUH REMHW FRQWHQDQW XQH IODPPH VXU OH W O YLVHXU RX D SUR[LPLW GH FH GHUQLHU F EOH G DOLPHQWDWLRQ OD SULVH GX - $VVXUH] YRXV XQ DFFýV IDFLOH - / LQWHUUXSWHXU PDUFKHDUUûW GH FH PRGýOH QH G FRQQHFWH SDV WRWDOHPHQW OH W O YLVHXU GH O DOLPHQWDWLRQ VHFWHXU ' EUDQFKH] OD ILFKH GH OD SULVH PXUDOH VL OH W O YLVHXU QH GRLW SDV ûWUH XWLOLV SHQGDQW XQH S ULRGH GH WHPSV SURORQJ H 1 @IUS@UD@I 9@ Gþ7þIDTU@SD@ @U 9V UV7@ 86UCP9DRV@ ' EUDQFKH] OD ILFKH GH OD SULVH PXUDOH 1HWWR\H] O E QLVWHULH HW OH WXEH FDWKRGLTXH O DLGH G XQ FKLIIRQ GRX[ O JýUHPHQW KXPLGH HW G XQ G WHUJHQW QRQ DEUDVLI 1 XWLOLVH] SDV GH SURGXLWV GH QHWWR\DJH EDVH GH EHQ]RO RX GH S WUROH 0DQLSXOH] O FUDQ GX W O YLVHXU DYHF VRLQ FDU FHOXLFL SHXW SURGXLUH GH O OHFWULFLW VWDWLTXH Q@STPII@GT / XWLOLVDWLRQ SURORQJ H GH MHX[ YLG R RX G RUGLQDWHXUV SHUVRQQHOV SHXW SURYRTXHU XQ PDUTXDJH SHUPDQHQW GH O FUDQ G XQ W O YLVHXU &HWWH G W ULRUDWLRQ SHUPDQHQWH GX WXEH FDWKRGLTXH SHXW ûWUH OLPLW H HQ UHVSHFWDQW OHV FRQVLJQHV VXLYDQWHV - 5 GXLVH] OHV U JODJHV GH OXPLQRVLW HW GH FRQWUDVWH DX PLQLPXP - 1H ODLVVH] SDV YRWUH W O YLVHXU DOOXP GH PDQLýUH FRQWLQXH ORUVTXH YRXV O XWLOLVH] DYHF XQH FRQVROH GH MHX YLG R RX XQ RUGLQDWHXU SHUVRQQHO - &HWWH G W ULRUDWLRQ GX WXEH FDWKRGLTXH Q HVW SDV GXH XQ G IDXW GH IRQFWLRQQHPHQW HW HOOH QH WRPEH GRQF SDV VRXV OD JDUDQWLH 3DQDVRQLF 6L OH W O YLVHXU Q HVW SDV WHLQW ORUVTXH OD FKDñQH GH W O YLVLRQ FHVVH G PHWWUH OH PRGH GH YHLOOH V HQFOHQFKHUD DXWRPDWLTXHPHQW DSUýV PLQXWHV &HWWH IRQFWLRQ Q HVW SDV GLVSRQLEOH ORUVTXH OH W O YLVHXU HVW HQ PRGH $9 1 HDT@ @I W@DGG@ 6VUPH6UDRV@ 1 8PITPG@T 9@ E@VY PS9DI6U@VST $&&(662, 5(6 9 ULILH] TXH YRXV GLVSRVH] ELHQ GHV DFFHVVRLUHV VXLYDQWV T 0RGH G HPSORL *DUDQWLF 3DQ (XURS HQQH 3LOHV SRXU W O FRPPDQGH [ 5 80 7 O FRPPDQGH (85  3LOHV SRXU W O FRPPDQGH $VVXUH]YRXV TXH OHV SLOHV VRQW FRUUHFWHPHQW LQVWDOO HV - 1H P ODQJH] SDV SLOHV QHXYHV HW SLOHV XV HV 5HWLUH] LPP GLDWHPHQW OHV SLOHV XV HV - 1 XWLOLVH] SDV GH SLOHV GH W\SHV GLII UHQWV S H[ GHV SLOHV DOFDOLQHV HW DX PDQJDQýVH HW Q XWLOLVH] SDV GH SLOHV UHFKDUJHDEOHV 1L&G 1L0+ - *8, '( '( 0, 6( (1 5287( 5$3, '( 5DFFRUGH] O DQWHQQH HW EUDQFKH] O TXLSHPHQW DX[LOLDLUH $9 5 FHSWHXU VDWHOOLWH $9 28 9&5 '9'5 $9 $9 9 ULILH] G DERUG TXH OH ht pr 9W9S r r qr rvyyr %UDQFKH] OH W O YLVHXU HW DOOXPH]OH *8, '( '( 0, 6( (1 5287( 5$3, '( 6 OHFWLRQQH] OH SD\V GH YRWUH FKRL[ $SSX\H] VXU OH ERXWRQ URXJH /D FRQILJXUDWLRQ DXWRPDWLTXH YD FRPPHQFHU OHV FKDñQHV VRQW LGHQWLIL HV HW P PRULV HV 6L XQ PDJQ WRVFRSH '9'5 FRPSDWLEOH HVW OD SULVH $9 RX $9 OHV EUDQFK SDUDPýWUHV GH U JODJH GHV FKDñQHV VHURQW FRSL V VXU OH PDJQ WRVFRSH '9'5 YLD OD OLDLVRQ 4/LQN 9RLU SDJH 7HUPLQDLVRQ GH OD V TXHQFH $73DSSX\H] VXU OD WRXFKH 79$9 79$9 SRXYH] PDLQWHQDQW O DOOXPHU /HV SDUDPýWUHV GH U JODJH FRUUHVSRQGURQW FHX[ GX W O YLVHXU 6L YRXV LQVWDOOH] XQ QRXYHDX PDJQ WRVFRSH '9'5 FRPSDWLEOH OD WHFKQRORJLH 1(;79, (:/, 1. [. . . ] &KRLVLU 0RGLILFDWLRQ 6RUWLU 79 79 723 1RQ 2XL $9 2XHVW &RQILJXUDWLRQ 79$9 6RUW $9 6RUW $9 7pOpWH[WH 0LQXWHULH YHLOOH 5HG 6FLQW 4/LQN /DQJXH GH WH[WH 5pJODJH /DQJXHV 26' *pRPDJQpWLTXH 2IIUH XQ FKRL[ GH VLJQDX[ HQYR\HU OD ILFKH $9 6FDUW &HWWH V OHFWLRQ V RSýUH HQWUH O FUDQ DFWXHO GX W O YLVHXU OH VLJQDO G HQWU H $9 $9 RX OH PRQLWHXU F G O LPDJH DIILFK H O FUDQ 2IIUH XQ FKRL[ GH VLJQDX[ HQYR\HU OD ILFKH $9 6FDUW &HWWH V OHFWLRQ V RSýUH HQWUH O FUDQ DFWXHO GX W O YLVHXU OH VLJQDO G HQWU H $9 $9 RX OH PRQLWHXU F G O LPDJH DIILFK H O FUDQ / RSWLRQ 7 O WH[WH YRXV SHUPHW GH FKRLVLU HQWUH OHV PRGHV 723)/2) RX /, 67 SDJH  6RUW $9 7 O WH[WH 0LQXWHULH YHLOOH /D PLQXWHULH GH YHLOOH SHUPHW GH V OHFWLRQQHU O KHXUH GH FRXSXUH GX W O YLVHXU VXU XQH SODJH GH PLQXWHV LQWHUYDOOHV GH PLQXWHV 5HG6FLQW 9RXV WURXYHUH] QRUPDOHPHQW TX LO HVW SU I UDEOH GH U JOHU OD IRQFWLRQ 5HG6FLQW VXU 0DUFKH SRXU U GXLUH OHV O JHUV PRXYHPHQWV GH O LPDJH , O HVW FHSHQGDQW SRVVLEOH TXH OD TXDOLW GH FHUWDLQV SURJUDPPHV VRLW DP OLRU H HQ V OHFWLRQQDQW OD SRVLWLRQ $UUûW /D OLDLVRQ 4/LQN YRXV SHUPHW G DFWLYHU $9 RX $9 RX GH G VDFWLYHU OD FRPPXQLFDWLRQ GH GRQQQ HV DYHF XQ PDJQ WRVFRSH '9'5 FRPSDWLEOH SDJH  4/LQN &21), *85$7, 21 /DQJXH GH WH[WH 6 OHFWLRQQH] OH MHX GH FDUDFWýUHV DILQ G DYRLU WRXV OHV FDUDFWýUHV Q FHVVDLUHV SRXU OH WH[WH GHV SDJHV W O WH[WHV SDU H[HPSOH FDUDFWýUHV F\ULOOLTXHV HWF Hqr Ghtr 2XHVW DQJODLV IUDQDLV DOOHPDQG JUHF LWDOLHQ HVSDJQRO VX GRLV WXUF (VW DQJODLV HVWRQLHQ OHWWRQ URXPDLQ UXVVH XNUDLQLHQ OLWXDQLHQ (VW WFKýTXH KRQJURLV OHWWRQ SRORQDLV URXPDLQ OLWXDQLHQ 5 JODJH /H PHQX 5 JODJH YRXV GRQQH DFFýV GH QRPEUHXVHV DXWUHV IRQFWLRQV GRQW (GLWLRQ GHV SURJUDPPHV )RQFWLRQ $73 5 JODJH ILQ 6\VWýPH GH FRXOHXU HW 9ROXPH SDJH  /H PHQX /DQJXH 26' YRXV SHUPHW GH FKDQJHU OD ODQJXH XWLOLV H VXU WRXV OHV PHQXV G FUDQ SDJH  /DQJXHV 26' * RPDJQ WLTXH 6L YRXV UHPDUTXH] XQ O JHU G V TXLOLEUH GH O LPDJH RX VL O FUDQ FRPSRUWH GHV ]RQHV FRORU HV DX[ DQJOHV XWLOLVH] FHWWH IRQFWLRQ SRXU OHV OLPLQHU 9RLU þWDSH SDJH *XLGH GH PLVH HQ URXWH UDSLGH 5þ*/$*( /H PHQX 5 JODJH YRXV SHUPHW G DFF GHU DX[ PHQXV 5 JODJH PDQXHO 5 JODJH DXWRPDWLTXH HW 5 JODJH ILQ 2XYUH] OH PHQX 3ULQFLSDO $OOH] DX PHQX &RQILJXUDWLRQ (QWUH] GDQV OH PHQX &RQILJXUDWLRQ $OOH] DX PHQX 5 JODJH (QWUH] GDQV OH PHQX 5 JODJH 6 OHFWLRQQH] O RSWLRQ GH YRWUH FKRL[ $XJPHQWH] RX GLPLQXH] OHV U JODJHV U JOH] O WDW GHV RSWLRQV RX DFF GH] XQ DXWUH PHQX $SSX\H] VXU OD WRXFKH 79$9 SRXU VRUWLU 3URJUDPPH V OHFWLRQ 0(18 0pPR 5HYHQLU 5pJODJH 2. &KRLVLU $FFpGHU 6RUWLU 3URJUDPPH VpOHFWLRQ $FFpGHU 5HFKHUFKH DXWR 5pJODJH PDQXHO 5pJODJH ILQ 6\VWqPH FRXOHXU $XWR &RUUHFWLRQ YROXPH 'pFRGHXU $9 1RQ 79$9 / DFFýV DX PHQX (GLWLRQ GHV SURJUDPPHV YRXV SHUPHW GH G SODFHU G LQV UHU G HIIDFHU GH QRPPHU HW GH EORTXHU OHV FKDñQHV HW G DFF GHU DX V\VWýPH 79 SDJH  DXWRPDWLTXHPHQW YRWUH W O YLVHXU SDJH  5HFKHUFKH DXWR /H PHQX &RQILJXUDWLRQ DXWRPDWLTXH YRXV SHUPHW GH UHFRQILJXUHU 5 JODJH PDQXHO 5 JODJH ILQ 6\VWýPH FRXOHXU /H PHQX 5 JODJH PDQXHO YRXV SHUPHW GH U JOHU PDQXHOOHPHQW OHV SRVLWLRQV GH SURJUDPPHV LQGLYLGXHOV SDJH  &HWWH RSWLRQ YRXV SHUPHW G HIIHFWXHU OH U JODJH G DFFRUG ILQ GHV FKDñQHV /H PHQX 6\VWýPH FRXOHXU YRXV SHUPHW GH FKRLVLU OH VWDQGDUG GH WUDQVPLVVLRQ FRUUHFW 9RXV SHUPHW GH U JOHU OH QLYHDX GH YROXPH GH FKDTXH FKDñQH LQGLYLGXHOOH &RUUHFWLRQ YROXPH ' FRGHXU $9 &HWWH RSWLRQ HVW XWLOLV H TXDQG XQ G FRGHXU HVW FRQQHFW YLD $9 /D PHWWUH O WDW $&7, 9þ VL XQ VLJQDO FRG GRLW ûWUH G FRG SDU OH G FRGHXU /D PHWWUH O WDW G VDFWLY DSUýV O XWLOLVDWLRQ 5þ*/$*( 352*5$00( 6þ/(&7, 21 /H PHQX 3URJUDPPH V OHFWLRQ YRXV SHUPHW G DMXVWHU OHV U JODJHV GH SRVLWLRQ GHV SURJUDPPHV 2XYUH] OH PHQX 3ULQFLSDO $OOH] DX PHQX &RQILJXUDWLRQ (QWUH] GDQV OH PHQX &RQILJXUDWLRQ $OOH] DX PHQX 5 JODJH (QWUH] GDQV OH PHQX 5 JODJH $OOH] DX PHQX þGLWLRQ GHV SURJUDPPHV (QWUH] GDQV OH PHQX þGLWLRQ GHV SURJUDPPHV (IIHFWXH] OHV FKDQJHPHQWV YRXOXV UHSRUWH]YRXV DX[ VHFWLRQV VXLYDQWHV $SSX\H] VXU OD WRXFKH 2. SRXU P PRULVHU OHV FKDQJHPHQWV $SSX\H] VXU OD WRXFKH 79$9 SRXU VRUWLU GX PHQX 3URJUDPPH V OHFWLRQ 3RXU HIIDFHU XQH SRVLWLRQ GH SURJUDPPH LQXWLOH 0(18 0pPR 5HYHQLU 5pJODJH 2. &KRLVLU $FFpGHU 6RUWLU 3URJUDPPH VpOHFWLRQ $FFpGHU 5HFKHUFKH DXWR 5pJODJH PDQXHO 5pJODJH ILQ 6\VWqPH FRXOHXU $XWR &RUUHFWLRQ YROXPH 'pFRGHXU $9 1RQ 0pPR 5HYHQLU 2. &KDQJHU SURJUDPPH 6HOHFWLRQQHU 6RUWLU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V 79$9 &+ ;<= 1RQ 1RQ 1RQ 1RQ 1RQ 6& 6& 6& 6& 6& (IIDFHU , QVpUHU &KDQJHU 7pOpFKDUJ &KRLVLVVH] OD SRVLWLRQ GH SURJUDPPH $SSX\H] VXU OD WRXFKH URXJH GH OD W O FRPPDQGH $SSX\H] XQH QRXYHOOH IRLV VXU OD WRXFKH URXJH SRXU YDOLGHU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& (IIDFHU $QQXOHU 5þ*/$*( 352*5$00( 6þ/(&7, 21 3RXU DMRXWHU XQH SRVLWLRQ GH SURJUDPPH &KRLVLVVH] OD SRVLWLRQ GH SURJUDPPH RÖ VHUD LQV U OH QRXYHDX SURJUDPPH $SSX\H] VXU OD WRXFKH YHUWH $SSX\H] GH QRXYHDX VXU OD WRXFKH YHUWH SRXU YDOLGHU &HWWH SRVLWLRQ YLHUJH SHXW PDLQWHQDQW ûWUH FRQILJXU H QRPP H EORTX H HW XWLOLV H SRXU OH V\VWýPH GH W O YLVLRQ GH YRWUH FKRL[ 3RXU G SODFHU XQ SURJUDPPH DXWUH SRVLWLRQ XQH 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& , QVpUHU $QQXOHU 6 OHFWLRQQH] OD SRVLWLRQ TXH YRXV VRXKDLWH] G SODFHU $SSX\H] VXU OD WRXFKH MDXQH GH OD W O FRPPDQGH 6 OHFWLRQQH] OD QRXYHOOH SRVLWLRQ $SSX\H] GH QRXYHDX VXU OD WRXFKH MDXQH SRXU YDOLGHU 3RXU U JOHU XQH SRVLWLRQ GH SURJUDPPH 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& 1RQ 6& &RQILUPHU $QQXOHU 6 OHFWLRQQH] OD SRVLWLRQ GH SURJUDPPH $OOH] OD FRORQQH &DQDO $XJPHQWH] RX U GXLVH] OH QXP UR GH FDQDO RX XWLOLVH] OD WRXFKH & SRXU O DFFýV GLUHFW DX FDQDO YHQWXHOOHPHQW OHV WRXFKHV & HW SRXU OH FKRL[ GLUHFW GDQV OH K\SHU EDQGH SDJH  0pPR 5HYHQLU 2. 0RGLILHU OD FKDvQH 6pOHFWLRQQHU 6RUWLU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTHU 6\V &+ ;<= 1RQ 1RQ 1RQ 1RQ 1RQ 6& 6& 6& 6& 6& 5þ*/$*( 352*5$00( 6þ/(&7, 21 3RXU FKDQJHU OH QRP G XQH SRVLWLRQ GH SURJUDPPH &KRLVLVVH] OD SRVLWLRQ YRXOXH 3RVLWLRQQH]YRXV VXU OH QRP 6 OHFWLRQQH] OH QRXYHDX SUHPLHU FDUDFWýUH 3RVLWLRQQH]YRXV VXU OH VHFRQG FDUDFWýUH &RQWLQXH] MXVTX DX FKDQJHPHQW FRPSOHW GX QRP 3RXU EORTXHU XQH SRVLWLRQ GH SURJUDPPH DILQ G HQ LQWHUGLUH O DFFýV 0pPR 5HYHQLU 2. &KDQJHU FDUDFWLUH 6pOHFWLRQQHU 6RUWLU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 1RQ 1RQ 1RQ 1RQ 6& 6& 6& 6& 6& $%&'()*+, -. /01234567 89:;<= 6 OHFWLRQQH] OD SRVLWLRQ G VLU H 3RVLWLRQQH]YRXV VXU OD FRORQQH %ORFDJH 6 OHFWLRQQH] O WDW %ORFDJH DFWLY RX G VDFWLY Ir 4XDQG XQH SRVLWLRQ GH SURJUDPPH HVW EORTX H O DFFýV GLUHFW DX FDQDO HQ XWLOLVDQW OD WRXFKH & HW OHV WRXFKHV QXP ULTXHV GH OD W O FRPPDQGH Q HVW SDV GLVSRQLEOH 3RXU FKDQJHU OH V\VWýPH 79 SRXU XQH SRVLWLRQ GH SURJUDPPH YRXOXH 0pPR 5HYHQLU 2. %ORTXHU RXL QRQ 6pOHFWLRQQHU 6RUWLU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 1RQ 1RQ 1RQ 1RQ 6& 6& 6& 6& 6& 6 OHFWLRQQH] OD SRVLWLRQ G VLU H 3RVLWLRQQH]YRXV VXU OD FRORQQH 6\V &KRLVLVVH] OH V\VWýPH YRXOX 6& 3$/ %* 6(&$0 %* 6& 3$/ , 6& 3$/ '. ) 6(&$0 // 0pPR 5HYHQLU 2. 0RGLILHU OH V\VWqPH 79 6pOHFWLRQQHU 6RUWLU 3URJUDPPH VpOHFWLRQ 3URJ &K 1RP %ORTXHU 6\V &+ ;<= 1RQ 1RQ 1RQ 1RQ 1RQ 6& 6& 6& 6& 6& 5þ*/$*( 352*5$00( 6þ/(&7, 21 3RXU FRSLHU OHV SDUDPýWUHV GH SURJUDPPH VXU XQ PDJQ WRVFRSH '9'5 FRPSDWLEOH FRQQHFW $9 RX $9 $OOH] OD FRORQQH 3URJ $SSX\H] VXU OH ERXWRQ EOHX GH OD W O FRPPDQGH /HV SDUDPýWUHV GX SURJUDPPH VRQW PDLQWHQDQW WUDQVPLV DX PDJQ WRVFRSH '9'5 &HOD SHXW SUHQGUH TXHOTXHV VHFRQGHV VHORQ OH QRPEUH GH FKDñQHV P PRULV HV Ir) 6L OH PHVVDJH k4/LQN"l - 9HULILHU WDW 4/LQN $9 RX $9 - 9HULILHU WDW PDJQ WRVFRSH '9'5 DSSDUDñW O FUDQ OH W O YLVHXU Q HVW SDV HQ PHVXUH GH WUDQVPHWWUH OHV GRQQ HV GH SURJUDPPH DX PDJQ WRVFRSH '9'5 9HXLOOH] FRQVXOWHU OH 0RGH G HPSORL GX PDJQ WRVFRSH '9'5 SRXU SOXV GH G WDLOV 7(/(&+$5*(0(17 (1 &2856 $77(1'(= 693 3URJUDPP 7pOpFRPPDQGH QRQ GLVSRQLEOH 7$%/($8 '( 352*5$00(6 $ O DLGH GX WDEOHDX GH SURJUDPPHV YRXV SRXYH] IDFLOHPHQW V OHFWLRQQHU GHV SURJUDPPHV SU G ILQLV $SSX\H] VXU OD WRXFKH (7$7 GH OD W O FRPPDQGH $ O DLGH GHV WRXFKHV PXOWLFRORUHV FKRLVLVVH] OH WDEOHDX GH SURJUDPPHV VRXKDLW 3RXU VH G SODFHU HQWUH GLII UHQWV WDEOHDX[ GH SURJUDPPHV XWLOLVH] OHV WRXFKHV URXJH HW YHUWH 6 OHFWLRQQH] OH SURJUDPPH VRXKDLW O DLGH GH ce RX &RQILUPH] OD V OHFWLRQ GX SURJUDPPH DYHF OD WRXFKH EOHXH $SSX\H] GH QRXYHDX VXU OD WRXFKH (7$7 GH OD W O FRPPDQGH SRXU HIIDFHU OH QXP UR GX SURJUDPPH VXU O FUDQ &+ 6& 6WHUHR $XWR 9&5 5þ*/$*( $73 &21), *85$7, 21 $8720$7, 48( /H PHQX &RQILJXUDWLRQ DXWRPDWLTXH YRXV SHUPHW GH UHFRQILJXUHU DXWRPDWLTXHPHQW YRWUH W O YLVHXU HQ IRQFWLRQ GHV FKDñQHV GH W O YLVLRQ ORFDOHV &HWWH IRQFWLRQ HVW XWLOH HQ FDV GH G P QDJHPHQW GDQV XQH DXWUH U JLRQ 0(18 $77(17, 21 2XYUH] OH PHQX 3ULQFLSDO $73 HIIDFHUD OHV GRQQpHV DFWXHOOHV HW H[pFXWHUD XQ QRXYHDX UpJODJH $OOH] DX PHQX &RQILJXUDWLRQ (QWUH] GDQV OH PHQX &RQILJXUDWLRQ $OOH] DX PHQX 5 JODJH (QWUH] GDQV OH PHQX 5 JODJH $OOH] DX PHQX 5HFKHUFKH DXWR (QWUH] GDQV OH PHQX 5HFKHUFKH DXWR $SSX\H] SRXU FRQILUPHU HW FRPPHQFHU 6 OHFWLRQQH] OH SD\V $SSX\H] SRXU ODQFHU OD FRQILJXUDWLRQ DXWRPDWLTXH $73 5HYHQLU 3D\V 2. 'pEXW $73 6RUWLU 'HXWVFKODQG gVWHUUHLFK )UDQFH , WDOLD (VSDxD 3RUWXJDO 1HGHUODQG 'DQPDUN 6YHULJH 1RUJH 6XRPL %HOJLTXH 6XLVVH (//$'$ 3ROVND ýHVNi UHSXEOLND 0DJ\DURUV]iJ ((X /H W O YLVHXU YD FKHUFKHU LGHQWLILHU HW WULHU GDQV O RUGUH OHV FKDñQHV GH W O YLVLRQ ORFDOHV 6L XQ PDJQ WRVFRSH '9'5 FRPSDWLEOH HVW FRQQHFW OD SULVH $9 RX $9 OHV SDUDPýWUHV GHV SURJUDPPHV VHURQW WUDQVPLV DXWRPDWLTXHPHQW DX PDJQ WRVFRSH '9'5 YLD OD OLDLVRQ 4/LQN SDJH  8QH IRLV FHWWH RS UDWLRQ WHUPLQ H OH W O YLVHXU DIILFKHUD OD SRVLWLRQ GH SURJUDPPH 5HYHQLU &+ $73 (1 &2856 2. &KRLVLU SD\V 'pEXW $73 6RUWLU 5(&+(5&+( $77(1'(= 693 &+ ;<= 0(18 5HYHQLU DX PHQX FDQDX[ 79$9 3RXU VRUWLU 5þ*/$*( 5þ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pPR 5HYHQLU 5pJODJH 2. &KRLVLU $FFpGHU 6RUWLU 3URJUDPPH VpOHFWLRQ 5HFKHUFKH DXWR 5pJODJH PDQXHO $FFpGHU 5pJODJH ILQ 6\VWqPH FRXOHXU $XWR &RUUHFWLRQ YROXPH 'pFRGHXU $9 1RQ 0pPR 5HYHQLU &+ 6& 5pJODJH PDQXHO 2. [. . . ] (QWU HVRUWLH GH OD SULVH & EOH 3(5, 7(/ GH OD OLDLVRQ 4/LQN 3(5, 7(/ 6W GH OD OLDLVRQ 4/LQN 0$*1þ726&23( 0$*1þ726&23( 69, 'þ2 0$*1þ726&23( &203$7, %/( /, $, 621 4/, 1. 'þ&2'(85 /(&7(85 '9' '9'5 &$0(6&23( &$0(6&23( 69, '(2 &2162/( '( -(825', 1$7(85 59% Ir) - / 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 &211(;, 216 $8', 2 9, 'þ2 %URFKDJH GHV SULVHV 3(5, 7(/ HW 69LG R 3ULVH 3(5, 7(/ EURFKHV $9 &RQQHFWHXU GH PDVVH 6RUWLH &9%6 YLG R 0DVVH &9%6 (QWU H URXJH 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 (WDW &9%6 YLG R (QWU H DXGLR * 0DVVH DXGLR (QWU H DXGLR ' /HV HQWU HV DG TXDWHV SRXU 6W LQFOXHQW 59% URXJHYHUWEOHX 3ULVH 3(5, 7(/ EURFKHV $9 &RQQHFWHXU GH PDVVH 6RUWLH &9%6 YLG R 0DVVH &9%6 (QWU H 6& 0DVVH 0DVVH 6RUWLH DXGLR * 6RUWLH DXGLR ' (QWU H &9%6 YLG R 0DVVH /LDLVRQ 4/LQN (WDW YLG R &9%6 (QWU H DXGLR * 0DVVH DXGLR (QWU H DXGLR ' /HV EURFKHV $9 HW G SHQGHQW GH OD FRPPXWDWLRQ 69+6 9, 'þ2 6W! 3ULVH EURFKHV 69LG R (QWU H FKURPLQDQFH (QWU H OXPLQDQFH 0DVVH FKURPLQDQFH 0DVVH OXPLQDQFH ', $*1267, & '(6 3$11(6 Dhtr TÎr T W vsvr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 FDQDO FDQDX[ 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 0DXYDLVH LPDJH RX 6RQ IDLEOH RX SDV GH VRQ GLVWRUVLRQ 7DFKHV GH FRXOHXU 6RQ QRUPDO , PDJH QRUPDOH 6RQ IDLEOH RX GLVFRUGDQW , 1)250$7, 216 *(1(5$/(6 9 hhtr ) $YDQW GH IDLUH DSSHO DX U SDUDWHXU G WHUPLQH] OHV V\PSWÎPHV GH OD SDQQH O DLGH GX JXLGH GH GLDJQRVWLF GH OD SDJH SU F GHQWH 3RXU WRXW G SDQQDJH DGUHVVH]YRXV YRWUH UHYHQGHXU 3DQDVRQLF HQ LQGLTXDQW OH QXP UR GX PRGýOH HW OH QXP UR GH V ULH ILJXUDQW O DUULýUH GX W O YLVHXU &$5$&7þ5, 67, 48(6 7;30' 7;30'% 7;30'0 7;30'%0 7;30' 6yvrhv yrpvr 8hv 8hv r hrr Uir vhtr 'LDJRQDOH YLVLEOH Tvr hqv PXVLTXH 9vrv Qvq : FP 9 $& +] : : FP : FP Týr qr prv qr ihqr 8+) 9+) PP LPS GDQFH : [ VRUWLHV DXGLR 5&$ P9 506 6W SULVH EURFKHV HQWU HVRUWLH DXGLRYLG R HQWU H 59% OLDLVRQ 4/LQN 6W hvýr 6W! SULVH EURFKHV HQWU HVRUWLH DXGLRYLG R HQWU H 69LG R OLDLVRQ 4/LQN 6W hh 6W" HQWU H 69LG R [ HQWU HV DXGLR 5&$ [ HQWU H YLG R 5&$ &HV FDUDFW ULVWLTXHV SHXYHQW ûWUH PRGLIL HV VDQV SU DYLV /HV GLPHQVLRQV HW SRLGV LQGLTX V VRQW DSSUR[LPDWLIV Qvv qr thr Iir qr htr q y rr 6rr hvýr 8hr hh 6výr vr hqv [ : 506 [ : 032 LPS GDQFH : + PP PP PP % PP PP PP 7 PP PP PP NJ NJ NJ Q6G 7B Q6G D T@86H 7B T@86H GG 9+) ( ( 9+) + + , 7$/, ( 9+) $ + , 7$/, ( 8+) ( ( &$79 6 6 &$79 6 6 0 0 &$79 6 6 8 8 &$79 6 6 +\SHUEDQG Q6G 9F T@86H 9F 9+) 5 5 9+) 5 5 9+) 5 5 8+) ( ( Q6G $!$% /HFWXUH GHV FDVVHWWHV 176& SDUWLU GH PDJQ WRVFRSHV '9'5 3$/ HIUT8 r r 6W vrr /HFWXUH GH PDJQ WRVFRSHV '9'5 0+] IUT8 r r 6W vrr /HFWXUH GH PDJQ WRVFRSHV '9'5 176& 9&5 &6 [. . . ]