6SUDFKEHUJUHLIHQGHXQGDOOJHPHLQH+LQZHLVH]XP7KHPD

1DWUOLFKH=HLWYHUVXVJUDPPDWLVFKH=HLW

Ä'LHGHXWVFKH6SUDFKHHEHQVRZLHGDV,WDOLHQLVFKHLVWLQGHU/DJHDOOHLQPLWHLQHU ÄWHPSXVPDUNLHUWHQ³)RUPQlPOLFKGHP3UlVHQ]]XNXQIWVXQGYHUJDQJHQKHLWVJHULFKWHWH 5HIOH[LRQHQEHUGDV3KlQRPHQ=HLWDQ]XVWHOOHQ(VPXVVDOVRVRHWZDVZLHHLQH ÄJUDPPDWLVFKH=HLW³JHEHQGLHEHLVSLHOVZHLVHPRUSKHPDWLVFKHQ$XVGUXFNLQGHU6SUDFKH JHIXQGHQKDW=LHOGLHVHU7HPSXVNDWHJRULHLVWHVPLW+LOIHYRQDQGHUHQPRUSKRORJLVFKHQ OH[LNDOLVFKHQXQGNRQWH[WXHOOHQ0LWWHOQLPZHLWHVWHQ6LQQHHLQHQ%H]XJ]XUÄQDWUOLFKHQ =HLW³KHU]XVWHOOHQZHQQGLHVHU%H]XJGXUFK6LWXDWLRQRGHU.RQWH[WJHIRUGHUWZLUG³« .OHLQ+RUVW*±7HPSXV$VSHNW$NWLRQVDUW±R21LHPH\HU9HUODJR-6HLWH

'DUVWHOOXQJVV\VWHPQDFK5HLFKHQEDFK

(UHLJQLV]HLWSXQNWSRLQWRI(YHQW(EH]HLFKQHWGHQ=HLWSXQNW]XGHPGDV(UHLJQLV VWDWWILQGHWGDVGXUFKGDV9HUEDXVJHGUFNWZLUG

6SUHFK]HLWSXQNWSRLQWRIVSHHFK6EH]HLFKQHWGHQ =HLWSXQNW]XGHPGHU6SUHFKHU GHQHQWVSUHFKHQGHQ6DW]lX‰HUW

%HWUDFKWXQJV]HLWSXQNW SRLQW RI UHIHUHQFH % EH]HLFKQHW HLQHQ =HLWSXQNW LQ 9HUKlOWQLV]XGHPGDV(UHLJQLVVLWXLHUWZLUG

3HUIHNW XQG 3UlWHULWXP E]Z SHUIHWWR XQG LPSHUIHWWR GLHQHQ GD]X (UHLJQLVVH GLH LQ GHU 9HUJDQJHQKHLWVWDWWJHIXQGHQKDEHQ]XNHQQ]HLFKQHQ,KQHQLVWDOVRGDV6WUXNWXUPHUNPDO±( ±6JHPHLQVDP

9HUJO+HQWVFKHO(ONH±+DQGEXFKGHUGHXWVFKHQ*UDPPDWLN±%HUOLQ*UX\WHU9HUODJ 6HLWH )RUPHQGHV9HUEV

$ 6\QWKHWLVFK YRQ JULHFK 6\QWKHVLV =XVDPPHQVHW]XQJ ZHUGHQ JUDPPDWLNDOLVFKH 9HUIDKUHQ JHQDQQWEHLGHQHQLQHLQHP:RUW]XJOHLFKVRZRKOGHVVHQ ,QKDOWDOVDXFK VHLQHJUDPPDWLVFKHQ%HGLQJXQJHQDXVJHGUFNWZHUGHQ

% $QDO\WLVFK YRQ JULHFK $QDO\VLV $XIO|VXQJ VLQG GDJHJHQ GLHMHQLJHQ )RUPHQ EHL GHQHQ GLH :RUWEHGHXWXQJ XQG GHU $XVGUXFN JUDPPDWLNDOLVFKHU %HVWLPPXQJHQ DXI YHUVFKLHGHQH:|UWHUYHUWHLOWLVW

9HUJO+HQWVFKHO(ONH±+DQGEXFKGHUGHXWVFKHQ*UDPPDWLN±%HUOLQ*UX\WHU9HUODJ 6HLWH

/H[LNDOLVFKH7HPSRUDOLWlW

>«@Ä(LQXPJDQJVVSUDFKOLFKHU6DW]ZLHÄPRUJHQVHKHLFKPLUPDOGHQ)LOPDQ³LVWGXUFK GDV7HPSRUDODGYHUEÄPRUJHQ³]HLWOLFKDXVUHLFKHQGFKDUDNWHULVLHUW'DV7HPSRUDOPRUSKHPLQ ÄVHKH³KDWVHLQHQ=HLWVWHOOHQZHUWYHUORUHQ³ .OHLQ+RUVW*±7HPSXV$VSHNW$NWLRQVDUW±R21LHPH\HU9HUODJR-6HLWH 0RUSKRORJLVFKH7HPSRUDOLWlW

>«@³'LH ZHLWDXV KlXILJVWH $UW GHU 7HPSXVPDNLHUXQJ LQ GHQ URPDQLVFKHQ 6SUDFKHQ ZLUG GXUFKGDVHQWVSUHFKHQGH7HPSXVPRUSKHPYROO]RJHQ³« .OHLQ+RUVW*±7HPSXV$VSHNW$NWLRQVDUW±R21LHPH\HU9HUODJR-6HLWH

$VSHNWGHILQLWLRQ

8QWHU GHP %HJULII Ä$VSHNW³ YHUVWHKW PDQ GLH 9HUODXIVZHLVH HLQHV YHUEDOHQ *HVFKHKHQV LP %OLFNDXIVHLQ9HUKlOWQLV]XP=HLWDEODXI

D GXUDWLY,PSHUIHNWOlQJHUDQGDXHUQGVFKODIHQEOKHQHVVHQ

E SHUIHNWLY SXQNWXHOO PLW ]HLWOLFKHU %HJUHQ]XQJ HQWZHGHU LQJUHVVLY LFKRDWLY %HJLQQZLHLQHLQVFKODIHQHUEOKHQRGHUUHVXOWDWLY$EVFKOXVV9ROOHQGXQJZLHLQ YHUEOKHQDXIHVVHQ

9HUJO.OHLQ+RUVW*±7HPSXV$VSHNW$NWLRQVDUW±R21LHPH\HU9HUODJR

$NWLRQVDUWGHILQLWLRQ

$OV $NWLRQVDUW HLQHV 9HUEV EH]HLFKQHW PDQ GLH 9HUODXIVZHLVH XQG GLH

$NWLRQVDUWHQ

7HOLVFKH9HUEHQQDWUOLFKHVGHP9HUELQKlUHQWHV(QGH

=XVWDQGVZHFKVHODXIVWHKHQHUZDFKHQ

$WHOLVFKH9HUEHQNHLQ(QG]XVWDQGDQGDXHUQG

JHKHQVFKODIHQOHVHQ

7HVWHUWXW;<6WXQGHQODQJ

$NWLYLWlWHQG\QDPLVFKH3UR]HVVH

JHKHQHVVHQVLQJHQ

=XVWlQGHQLFKWG\QDPLVFK

;

7HVWVHLQEHLPDP

$FFRPSOLVKPHQWG\QDPLVFKH3UR]HVVHPLWEHVFKUlQNWHU'DXHU

6FKUHLEHQOHVHQVFKDIIHQ

$FKLHYPHQWG\QDPLVFKH3UR]HVVHQLFKWGXUDWLY

DXIZDFKHQUXIHQDXIVWHKHQ

7HVWLQELQQHQ]ZHL6WXQGHQ

9HUJDQJHQKHLWVWHPSRUDLQGHUGHXWVFKHQ6SUDFKH

)RUPHQV\VWHPGHV9HUEV

.RQMXJDWLRQ

'DV9HUELVWGLHHLQ]LJH:RUWNODVVHGHUHQ(OHPHQWHNRQMXJLHUWGKLQ3HUVRQ1XPHUXV 7HPSXV*HQXVXQG0RGXVYHUlQGHUWZHUGHQN|QQHQ 3UlWHULWXP $.7,9 3$66,9 Indikativ Konjunktiv Indikativ Konjunktiv 6LQJXODU

3OXUDO

'HU,QGLNDWLYGHV3UlWHULWXPVZLUGEHLGHQUHJHOPl‰LJHQ9HUEHQJHELOGHWLQGHP]ZLVFKHQ 6WDPPXQG3HUVRQDOHQGXQJHLQ±W±HLQJHIJWZLUG,QGHU3HUV6LQJXQG3O:LUGQLFKW QXUHLQ±WVRQGHUQ±WH±HLQJHIJW,QGHU3HUV6LQJ±GLHVFKRQLP3UlVHQVDXI±W DXVJHKW±ZLUGLP3UlWHULWXPGHUUHJHOPl‰LJHQ9HUEHQHLQ]XVlW]OLFKHV±HDQJHIJW,QGHU 3HUV6LQJ3HUV6LQJXQG3HUV3OZLUG]ZLVFKHQGHP6WDPPHLQHUVHLWVXQGGHP 3UlWHULWXPVNHQQ]HLFKHQWXQGGHU3HUVRQDOHQGXQJDQGHUHUVHLWVHLQHHLQJHIJWZHQQGHU 6WDPPDXI±GRGHU±WHQGHWGXUHGHWHVW

3HUIHNW

$.7,9 3$66,9 Indikativ Konjunktiv Indikativ Konjunktiv 6LQJXODU

3OXUDO

'DV3HUIHNWZLUGPLWGHQNRQMXJLHUWHQ)RUPHQGHU+LOIVYHUEHQÄKDEHQ³RGHUÄVHLQ³LP 3UlVHQ]3DUWL]LS,,JHELOGHW

3OXVTXDPSHUIHNW

$.7,9 3$66,9 Indikativ Konjunktiv Indikativ Konjunktiv 6LQJXODU

3OXUDO