'HU0DQQGHUDXVGHU7LHIHNDP
M
1U 'HU0DQQGHUDXVGHU7LHIHNDP YRQ.XUW0DKU
$WODQ
'LH(UHLJQL...
25 downloads
943 Views
270KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
'HU0DQQGHUDXVGHU7LHIHNDP
M
1U 'HU0DQQGHUDXVGHU7LHIHNDP YRQ.XUW0DKU
$WODQ
'LH(UHLJQLVVHGHV-DKUHVGLHLQGHQZHLWHQ]HUVW|UHULVFKHQ$NWLYLWlWHQGHV 5HGERQHXQGGHV6XGGHQO\(IIHNWVJLSIHOQ²XQGLQGHU(QWIKUXQJ/RUGDGPLUDO$WODQV GHV&KHIVGHU862²KDEHQZLHEHUHLWVHUPLWWHOWZXUGHLKUHQ8UVSUXQJLQGHUIHUQHQ 9HUJDQJHQKHLW 'LH 9HUDQWZRUWOLFKHQ GHU 862 GHU JDODNWLVFKHQ )HXHUZHKU VLQG GDUEHU LQIRUPLHUW GD HLQH ELVODQJ XQEHNDQQWH YHUEUHFKHULVFKH 2UJDQLVDWLRQ PLW +LOIH DOWOHPXULVFKHU8QWHUODJHQ3VL0DWHULH]XJHZLQQHQVXFKWPLWWHOVGHUHUVLFKGLHJHLVWLJH 8QWHUMRFKXQJJDQ]HU3ODQHWHQEHY|ONHUXQJHQEHZHUNVWHOOLJHQOlW 'DVHLJHQWOLFKH=LHOGHU9HUEUHFKHUEOHLEWQRFKLPGXQNHOQHEHQVRGHU2UWYRQ GHPDXVVLHLKUHJDOD[LVZHLWHQ$NWLRQHQXQWHUQHKPHQ )U .HQQHU GHU JDODNWLVFKHQ *HVFKLFKWH HUJHEHQ VLFK MHGRFK JHZLVVH $QKDOWVSXQNWHGLHLQGLH=HLW]XUFNUHLFKHQGDGLH³0HLVWHUGHU,QVHO´KHUUVFKWHQ (LQ 0DQQ GHU EHUHLWV IU WRW JHKDOWHQ ZLUG EOHLEW GHQ DOWHQ *HKHLPQLVVHQ GHU 0GO KDUWQlFNLJ DXI GHU 6SXU 'LH 5DFKH WUHLEW LKQ ]XP .lPSIHQ (U LVW %DJJR $UQYLOO '(50$11'(5$86'(57,()(.$0 'LH+DXSWSHUVRQHQGHV5RPDQV %DJJR$UQYLOO²(LQ7RWJHJODXEWHUQLPPWGLH6SXUVHLQHU5DFKHZLHGHUDXI 0DQWXQ 'U )ULW] 5HLQKHOPHU +RV 6DQJUHQH XQG (HOD(HOD²%DJJR $UQYLOOV 5HWWHUXQG+HOIHU 'HU³*UDXH´²(LQ0RQVWUXPZLUGDQJHJULIIHQ *HQJKRU&KDUURQ+DQJDMXQG6SLII²*HIROJVOHXWHGHV³*UDXHQ´ 'HU0DQQZDUHLQ8QJHKHXHU *HQJKRUVFKDXGHUWHMHGHVPDOYRQQHXHPZHQQHUVLFKLQVHLQH1lKHEHJHEHQ PXWHXQGGRFKKLQJ*HQJKRUV/HEHQDOOHLQHYRQGHU*QDGHXQGGHP:RKOZROOHQGHV 8QJHWPVDE (VZDUEHU]ZHL0HWHUJUR'HULQVHLQHQ*UXQG]JHQKXPDQRLGH.|USHU UXKWHDXI]ZHLPlFKWLJHQ6lXOHQEHLQHQGLHGDV*HZLFKWGHU.|USHUPDVVHPKHORV]X WUDJHQYHUPRFKWHQ'LH+DXWGHV0RQVWUXPVZDUJUDXGLFNXQGJURESRULJZLHGLHHLQHV (OHIDQWHQ*UDXZDUDXFKGDV*HZDQGGDVHUWUXJ'DV*HVLFKWEHVWDQGDXVHLQHP .RQJORPHUDWYRQ:OVWHQ0XQGXQG1DVHZLUNWHQZLHKlOLFKH*HVFKZUHGLHHLQH E|VDUWLJH.UDQNKHLWKLQWHUODVVHQKDWWH'LH$XJHQYHUVFKZDQGHQIDVW]ZLVFKHQ +DXWIDOWHQ'LHZXOVWLJH+DXWVWUXNWXUVHW]WHVLFKEHUGLH6FKlGHOGHFNHKLQZHJIRUW 'DV8QJHKHXHUVWDQGDXIHLQHP3RGHVW]XGHPGUHLIODFKH6WXIHQ KLQDXIIKUWHQ*HQJKRULQGHPWLJHU+DOWXQJVWDQGDP)XHGHV3RGHVWVXQG HUZDUWHWHGLH%HIHKOHGHV*UDXHQ ³5XIHGLH0lQQHUKHUHLQ*HQJKRU´GU|KQWHGLHJHZDOWLJH6WLPPHGHV 0RQVWUXPV
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
³,FKJHKRUFKH)DNWRU´VDJWH*HQJKRU (UZDUHLQKRFKDXIJHVFKRVVHQHUVFKODQNHU0HQVFKYRQXQEHVWLPPEDUHP$OWHU (UZDUHLQ(LIHUHUXQGLQVHLQHQJURHQGXQNOHQ$XJHQEUDQQWHGDV)HXHUGHV(LIHUV *HQJKRUVWDQGVHLWJHUDXPHU=HLWLP'LHQVWHGHV*UDXHQ*HQJKRUQLFKWGHU*UDXH VHOEVWOHLWHWHGLH2UJDQLVDWLRQGLHVLFKGDV0RQVWUXPDXIGHU(UGHHUULFKWHWKDWWHXQG *HQJKRUZDUGHU6FKUHFNHQDOOHUGLHIUGHQ*UDXHQDUEHLWHWHQ 'HU+DJHUHKDWWHHLQHQNOHLQHQ3XOVJHEHUDXVGHU7DVFKHJH]RJHQXQGGUFNWH HLQHQ.QRSI'LH7UDPDQGHUHQ(QGHGHV5DXPHV|IIQHWHVLFK(LQH*UXSSHYRQ 0lQQHUQWUDWHLQDOOHQYRUDQHLQEUHLWHUVWLHUQDFNLJHU0HQVFKLQGHVVHQ$XJHQHLQ lQJVWOLFKHU$XVGUXFNWUDWDOVHUGDVJUDXH8QJHWPHUEOLFNWH(UVFKLHQXQWHUGHU7U ]X]|JHUQ$EHU*HQJKRUKHUUVFKWHLKQDQ ³:HLWHU 'DEHUZDQGHUVHLQH6FKHXXQGWUDWQlKHU$XFKGHQDQGHUQVFKLHQHVVR]X HUJHKHQZLHGHP6WLHUQDFNLJHQ%HLP$QEOLFNGHV*UDXHQHPSIDQGHQVLH$QJVW9RQ GHPJUDXHQ8QJHKHXHUVFKLHQHLQHVXJJHVWLYH$XUDDXV]XJHKHQGLHGLH0lQQHULQ LKUHQ%DQQVFKOXJ 6FKOLHOLFKVWDQGHQVLHYRUGHP3RGHVW6LHKLHOWHQGLH.|SIHJHVHQNW6LH ZDJWHQHVQLFKW]XGHP*UDXHQDXI]XEOLFNHQ*HQJKRUVWDQGVHLWZlUWVXQGPXVWHUWH GLHlQJVWOLFKH6FKDUPLWVS|WWLVFKHP%OLFN6RODQJHVLHVHOEVWYRU$QJVW]LWWHUWHQ ZUGHQVLHQLFKWPHUNHQGDDXFKHUQLFKWRKQH)XUFKWZDU 'HU*UDXHEHJDQQ]XVSUHFKHQ$XFKLQGHU6WLPPHODJHLQHK\SQRWLVFKH.UDIW GHUGLH0lQQHUQLFKW]XZLGHUVWHKHQYHUPRFKWHQ ³:LUWUHWHQLQHLQHHQWVFKHLGHQGH3KDVHXQVHUHV8QWHUQHKPHQV´VDJWHGHU *UDXH³=XU6WlUNXQJXQVHUHU0DFKWEHQ|WLJHQZLU,QIRUPDWLRQHQ%HVRQGHUVVLQGZLU DQZHLWHUHQ%UXFKVWFNHQGHVDOWHQOHPXULVFKHQ.ULHJVNDOHQGHUVLQWHUHVVLHUW(VLVW XQVJHOXQJHQHLQH/L]HQ]IU)RUVFKXQJHQXQG*UDEXQJHQLQGHQEHLGHQ XQWHUVHHLVFKHQ6WlGWHQGHU/HPXUHU]XHUKDOWHQ'LH6XFKHZLUGVRIRUWEHJLQQHQ,KU VHLGPHLQH6XFKPDQQVFKDIW$XIGHP:HJ]XGHQEHLGHQ6WlGWHQZLUGHLQH*UXSSH YRQ([SHUWHQHXFKGDV:LVVHQYHUPLWWHOQGDVLKUEUDXFKWXPHXUH)RUVFKXQJHQPLW (UIROJEHWUHLEHQ]XN|QQHQ*HKWMHW]WXQGPDFKWHXFKEHUHLW]XP$XIEUXFK´ 6LHZDQGWHQVLFKXPXQGWURWWHWHQKLQDXV+DQJDMHLQ0DQQPRQJROLVFKHU +HUNXQIWGHUVLFKLP*HIROJHGHV6WLHUQDFNLJHQEHIDQGIUDJWHVLFKZDUXPGHU*UDXH VWlQGLJLP3OXUDOJHVSURFKHQKDEH:DUHUVRYRQVLFKXQGVHLQHU0DFKWEHU]HXJW GDHUVLFKGHQ*HEUDXFKGHVPDMHVWlWLVFKHQ3OXUDOV]XELOOLJWH"2GHUJDEHV WDWVlFKOLFKPHKUHUH3HUVRQHQGLHDQGLHVHP8QWHUQHKPHQEHWHLOLJWZDUHQ"'HQQGD GHU*UDXHGHU0lFKWLJHGLH0HKU]DKOJHEUDXFKWKDEHXPDQ]XGHXWHQGDHLQH *HPHLQVFKDIW]ZLVFKHQLKPXQGVHLQHQ%HIHKOVHPSIlQJHUQEHVWDQGGDYRQZDJWH ZHGHU+DQJDMQRFKHLQHUGHUDQGHUQDXVVHLQHU*UXSSH]XWUlXPHQ
%DJJR $UQYLOO KDWWH MHJOLFKHV *HIKO IU GLH =HLW YHUORUHQ ,Q HLQHP ]X GUHL 9LHUWHOQ GHIHNWHQ 7LHIVHH7DXFKDQ]XJ WULHE HU GXUFK GLH HQGORVH (LQ|GH GHV 2]HDQV 'LHVFKLPPHUQGHQ(QHUJLHZlQGHGLHGLHHLQ]HOQHQ7DQNVGHU)LVFKIDUPYRQHLQDQGHU WUHQQWHQ ZDUHQ OlQJVW KLQWHU LKP ]XUFNJHEOLHEHQ (U WULHE GXUFK HLQH GlPPHUQGH XQZLUNOLFKH:HOWXQGGLHHLQ]LJHQ*HUlXVFKHGLHHUYHUQDKPZDUHQGDV=LVFKHQGHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
$WHPOXIW GLH DXV GHP 'UXFNEHKlOWHU LQ VHLQHQ $Q]XJ VWU|PWH XQG GDV *OXFNHUQ GHU %ODVHQGLHDXVGHP$XVODYHQWLODXIVWLHJHQ 1XU HLQHV ZXWH HU QRFK 'HU *UDXH GHVVHQ 0lQQHU LKQ LQ GLHVHQ $Q]XJ YHUSDFNW XQG LQ GLH :HLWH GHV 2]HDQV KLQDXVJHVWRHQ KDWWHQ KDWWH LKP HUNOlUW VHLQ 7DQNHQWKLHOWHIUZHQLJHUDOVHLQH6WXQGH$WHPOXIW6RY|OOLJMHGRFKZDU%DJJR$UQYLOO GDV =HLWEHZXWVHLQ QRFK QLFKW DEKDQGHQ JHNRPPHQ DOV GD HU QLFKW KlWWH VDJHQ N|QQHQGDHUQXQPLQGHVWHQVVFKRQVHLWIQI6WXQGHQXQWHUZHJVZDU (V ZDU QLFKW P|JOLFK GD GHU *UDXH VLFK JHLUUW KDWWH (V ZDU ZHLWDXV ZDKUVFKHLQOLFKHU GD HU VHLQHP 2SIHU PLW GLHVHU %HKDXSWXQJ HLQH ZHLWHUH 7RUWXU ]XJHGDFKW KDWWH %DJJR $UQYLOO HUWDSSWH VLFK LPPHU |IWHU GDEHL ZLH HU EHVRUJW GHP =LVFKHQ GHU HLQVWU|PHQGHQ /XIW ODXVFKWH 'LH 6WXQGH GLH GHU *UDXH LKP JHVFKHQNW KDWWH ZDU OlQJVW YRUEHU -HW]W NRQQWH HV MHGHQ $XJHQEOLFN JHVFKHKHQ GD DXV GHP VWlQGLJHQ EHUXKLJHQGHQ =LVFKHQ HLQ ]|JHUQGHV %OXEEHUQ ZXUGH²XQG GDQQ QLFKWV PHKU :HQLJH 6HNXQGHQ VSlWHU ZUGH $UQYLOO HLQ WRWHU 0DQQ VHLQ HUVWLFNW LQ VHLQHP HQJHQ*HIlQJQLV (U EHPKWH VLFK EHZXW VHLQH *HGDQNHQ DQGHUH :HJH ]X OHLWHQ -HGHVPDO ZHQQ HU VLFK EHLP /DXVFKHQ HUWDSSWH ]ZDQJ HU GDV %HZXWVHLQ VLFK DQ HWZDV 9HUJDQJHQHV ]X HULQQHUQ (U ZXWH QLFKW ZLH ODQJH VHLQ /XIWYRUUDW QRFK UHLFKHQ ZUGH1XULQGHPHUGHQ9HUVWDQGEHVFKlIWLJWKLHOWNRQQWHHUVLFKYRUGHP:DKQVLQQ UHWWHQGHUEHUHLWVQDFKLKP]XJUHLIHQEHJDQQ ,Q GHU (ULQQHUXQJ JOLWW HU EHU GLH YHUZRUUHQHQ 3IDGH ]XUFN EHU GLH GDV 6FKLFNVDO LKQ LP /DXIHGHUYHUJDQJHQHQ -DKUH EHZHJW KDWWH (U HULQQHUWH VLFK DQ GHQ HUVWHQ =XVDPPHQVWR²QLFKW PLW GHP *UDXHQ VHOEVW VRQGHUQ PLW VHLQHQ +lVFKHUQ GDPDOV DOV HU EHKDXSWHWH HLQ ]ZHLWHV ZLFKWLJHV %UXFKVWFN GHV DOWOHPXULVFKHQ .ULHJVNDOHQGHUV LQ GHU +DQG ]X KDEHQ 'HV .DOHQGHUV GHU GLH JDODNWLVFKHQ .RRUGLQDWHQ MHQHU 3ODQHWHQ DQJDE DXI GHP GLH /HPXUHU ZlKUHQG GHV .ULHJHV JHJHQ GLH +DOXWHU 3VL0DWHULH GHSRQLHUW KDWWHQ XP GHQ $QJUHLIHUQ GHQ $QJULIIVZLOOHQ ]X QHKPHQXQGGDGXUFKGLHZLFKWLJHQ$QODJHQGLHVLFKDXIGLHVHQ3ODQHWHQEHIDQGHQ]X VFKW]HQ'DV8QWHUQHKPHQZDULKPVFKOHFKWEHNRPPHQ(UZlUHXPHLQ+DDUJHW|WHW ZRUGHQ 6HLQH /DXIEDKQ DOV 6SH]LDOLVW GHU 8QLWHG 6WDUV 2UJDQLVDWLRQ ZDU GDPLW YRUOl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lVFKHUQ GHV XQHUELWWOLFKHQ )HLQGHV 7UHJLUR ZDU YHUVFKZXQGHQ %DJJR VHW]WH GHQ 9HUEUHFKHUQ QDFK (U W|WHWH VLH XQG EHIUHLWH VHLQHQ 6RKQ6HLW$PMDQDV7RGZDUHUHLQDQGHUHU0HQVFKJHZRUGHQ)UKHUKDWWHGHU'UDQJ ]XU6HOEVWHUKDOWXQJVHLQ'HQNHQEHVWLPPWMHW]WZDUHVQXUQRFKGLH/XVWQDFK5DFKH GLH LKQ DQWULHE (U NDP ]XU (UGH (U EUDFKWH 7UHJLUR LQ 6LFKHUKHLW YHUVFKDIIWH VLFK *HOGPLWWHO XQG UVWHWH HLQH NOHLQH ([SHGLWLRQ DXV GLH GDV *HELHW GHU EHLGHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
XQWHUVHHLVFKHQ/HPXUHU6WlGWHGXUFKIRUVFKHQXQGGDVILQGHQVROOWHZDVHUQHXQ-DKUH ]XYRUIlOVFKOLFKLQVHLQHP%HVLW]]XKDEHQYRUJHJHEHQKDWWHHLQZHLWHUHV%UXFKVWFN GHVOHPXULVFKHQ.ULHJVNDOHQGHUV 'LH +lVFKHU GHV *UDXHQ KDWWHQ LKQ JHIXQGHQ QRFK EHYRU HU PLW GHU 6XFKH ULFKWLJ EHJRQQHQ KDWWH 8QWHU GHP 9RUZDQG VLH KlWWHQ 7UHJLUR LQ LKUHU *HZDOW KDWWHQ VLH LKQ YHUDQODW VLFK QLFKW JHJHQ GLH *HIDQJHQQDKPH ]X ZHKUHQ (U ZDU YRU GHQ *UDXHQ JHEUDFKW ZRUGHQ ,Q HLQHP $QIDOO UDVHQGHQ =RUQHV KDWWH HU GHQ *UDXHQ DQJHJULIIHQ $EHU GHU 0lFKWLJH KDWWH LKQ ZLH HLQH OHLFKWJHZLFKWLJH 3XSSH EHLVHLWH JHVFKOHXGHUWXQGEHKDXSWHW6HOEVWZHQQGXHVIHUWLJEUlFKWHVWN|QQWHVWGXPLFKQLFKW RIW JHQXJ W|WHQ 'DV ZDU HLQH )HVWVWHOOXQJ EHU GLH VLFK %DJJR $UQYLOO VHLWGHP HU KLOIORV GXUFK GLH :DVVHUZVWH WULHE LPPHU XQG LPPHU ZLHGHU GHQ .RSI ]HUEURFKHQ KDWWHRKQHLKUH$XVVDJHHUJUQGHQ]XN|QQHQ (U HULQQHUWH VLFK DQ GHQ hEHUIDOO GHQ GLH +lVFKHU GHV *UDXHQ JHJHQ GDV XQWHUVHHLVFKH /DJHU VHLQHU NOHLQHQ ([SHGLWLRQ JHIKUW KDWWHQ (U KDWWH ]ZHL %HJOHLWHU JHKDEW 'U 5HLQKHLPHU GHQ DUFKlRORJLVFKHQ ([SHUWHQ XQG 0DQWXQ GHQ 0DQQ GHU ZLH GHU KHUXQWHUJHNRPPHQVWH %HDFKFRPEHU DXVVDK XQG GRFK LQ :LUNOLFKNHLW HLQ KHUYRUUDJHQGHU )DFKPDQQ IU XQWHUVHHLVFKH ([SHGLWLRQHQ ZDU 5HLQKHLPHU ZDU YRQ GHQ+lVFKHUQJHW|WHWZRUGHQ$EHU0DQWXQKDWWHVLFKLP$XJHQEOLFNGHV³hEHUIDOOVLP ,QQHUQGHU6SDFH-HWEHIXQGHQGLH$UQYLOODOV7DXFKIDKU]HXJHUZRUEHQKDWWH:DVDXV 0DQWXQJHZRUGHQZDUZXWHHUQLFKW
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lUHHV HLQ%RGHQJOHLWHU 1RFKLPPHUIXKUHUPLWGHQ,QIUDURWVFKHLQZHUIHUQ(UZROOWHVLFKHUVHLQGDLKQ QLHPDQGEHPHUNWH$EXQG]XVDKHULQGHU)HUQHHLQ)DKU]HXJYRUEHU]LHKHQGHVVHQ /LFKWHU JOHLHQGH %DKQHQ GXUFK GLH )LQVWHUQLV ]HLFKQHWHQ :HQQ VLFK HLQH JHHLJQHWH 'HFNXQJ ERW JLQJ HU QDKH JHQXJ KHUDQ XP ]X VHKHQ RE HV VLFK HWZD XP GDV )DKU]HXJ GHU /HXWH KDQGHOQ N|QQWH GLH %DJJR $UQYLLO HQWIKUW KDWWHQ $EHU PHLVWHQV ZDUHQHV3ROL]HLERRWHGLHGDV*HELHWGHUXQWHUVHHLVFKHQ6WlGWHDESDWURXLOOLHUWHQXQG QDFK$PDWHXU$UFKlRORJHQVXFKWHQGLHVLFKKLHURKQH/L]HQ]EHWlWLJWHQ0DQWXQKDWWH HLQH UHFKW JHQDXH 9RUVWHOOXQJ YRQ GHQ )DKU]HXJHQ GLH EHL GHP hEHUIDOO YHUZHQGHW ZRUGHQ ZDUHQ (U KDWWH LKUH $EGUFNH LP %RGHQ JHVHKHQ (V ZDUHQ OlQJOLFKH 7DXFKERRWH GLH GHQ 8%RRWHQ YHUJDQJHQHU -DKUKXQGHUWH lXHUOLFK JOLFKHQ -HGHV %RRW KDWWH 5DXP IU XQJHIlKU DFKW]LJ 0DQQ XQG GLH 5HLFKZHLWH GHU )DKU]HXJH ZDU QDKH]XXQEHJUHQ]W $OV HU MHW]W GLH 6SDFH-HW DXI GHU 6WHOOH DEVHW]WH DQ GHU VLH GHQ %RGHQ DEJHVXFKW KDWWHQ HULQQHUWH HU VLFK WUDXULJ DQ )ULW] 5HLQKHLPHU GHQ YHUVFKUREHQHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
$UFKlRORJHQ GHQ GLH *DQJVWHU UFNVLFKWVORV ]XVDPPHQJHVFKRVVHQ KDWWHQ 5HLQKHLPHU ZDU HLQ PHUNZUGLJHU 0HQVFK JHZHVHQ EHU HLQKXQGHUW -DKUH DOW´ ODXQLVFK DEHU HLQ )DFKPDQQ HUVWHQ 5DQJHV DXI GHP *HELHW GHU OHPXULVFKHQ $UFKlRORJLH -HW]W ODJ VHLQH /HLFKH LQ HLQHP GHU 9RUUDWVUlXPH GHU 6SDFH-HW XQG LUJHQGZDQQ ZUGH 0DQWXQ DXIWDXFKHQ PVVHQ XP GDIU ]X VRUJHQ GD LKU HLQ DQJHPHVVHQHV%HJUlEQLV]XWHLOZXUGH (U VD LP 6HVVHO GHV 3LORWHQ XQG VWDUUWH QDFKGHQNOLFK DXI GHQ %LOGVFKLUP DXI GHP LQ GHQ XQZLUNOLFKHQ )DUEHQ GLH GLH ,QIUDURWEHOHXFKWXQJ HU]HXJWH GLH hEHUUHVWH GHU DOWHQ OHPXULVFKHQ 6WDGW JOlQ]WHQ (U ZDU PLW VHLQHU :HLVKHLW DP (QGH ,Q GHU 8QEHVRQQHQKHLWGHVHUVWHQ=RUQVKDWWHHUVLFKJHOREWGLH6XFKHQDFK%DJJR$UQYLOOVR ODQJH]XEHWUHLEHQELVLKQGHU+XQJHURGHUGHU0DQJHODQ7UHLEVWRII]XP$XIWDXFKHQ ]ZDQJ -HW]W µMHGRFK GD GLH )lKLJNHLW GHU NKOHQ hEHUOHJXQJ ]XUFNJHNHKUW ZDU EHJDQQ HU ]X ]ZHLIHOQ RE HU GDPLW VLFK RGHU $UQYLOO HLQHQ 1XW]HQ EULQJH (U ZXWH QLFKWZRKLQ$UQYLOOYHUVFKOHSSWZRUGHQZDU 3O|W]OLFKVFKUDN0DQWXQDXIhEHUGHQ7UPPHUQGHUXQWHUVHHLVFKHQ6WDGWZDU HLQ /LFKW HUVFKLHQHQ GHU 6FKHLQZHUIHU HLQHV 7LHIVHHIDKU]HXJV 0DQWXQ VFKDOWHWH GLH ,QIUDURWVFKHLQZHUIHU DXV $XI GHP %LOGVFKLUP ZXUGH HV GXQNHO ELV DXI GHQ /LFKWNUHLV GHQ GDV IUHPGH %RRW XP VLFK KHUXP YHUEUHLWHWH (LQ ]ZHLWHU /HXFKWSXQNW NDP KLQ]X GDQQHLQGULWWHU'LH)DKU]HXJHQlKHUWHQVLFKGHU6WHOOHDQGHU0DQWXQV6SDFH-HWODJ (U VHW]WH GDV IODFKH 5DXPERRW LQ %HZHJXQJ (U ZXWH QLFKW ZHP GLH GUHL IUHPGHQ)DKU]HXJHJHK|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hEHUIDOODXI%DJJR$UQYLOOYHUZHQGHWZRUGHQZDU 0DQWXQEHREDFKWHWHZLHGLH%RRWHQLHGHUJLQJHQXQGPLWDXWRPDWLVFKDXVVFKLHHQGHQ 7LHIVHHDQNHUQ IHVWPDFKWHQ 6LH ODJHQ LP .UHLV XP GLH 6WHOOH DQ GHU DXFK $UQYLOO 0DQWXQ XQG 5HLQKHLPHU JHJUDEHQ KDWWHQ 1LHPDQG VRQVW NRQQWH YRQ GLHVHU 6WHOOH ZLVVHQ5HLQKHLPHUZDUWRW%DJJR$UQYLOOYHUVFKZXQGHQ 1XUHLQHU 'HU*HJQHUVHOEVW
$XI GHU )DKUW ]X GHQ EHLGHQ XQWHUVHHLVFKHQ 6WlGWHQ KDWWHQ &KDUURQ GHU 6WLHUQDFNLJHXQGVHLQH%HJOHLWHUPHKUEHUGLH.XOWXUGHUDOWHQ/HPXUHUJHOHUQWDOVVLH MH ]X ZLVVHQ EHJHKUW KDWWHQ 'LH ([SHUWHQ GLH LKQHQ GHU *UDXH PLWJHJHEHQ KDWWH DUEHLWHWHQ PLW PRGHUQVWHQ 0LWWHOQ ,P =XVWDQG GHU +\SQRVH ZXUGHQ GLH *HKLUQH GHU 0lQQHUPLW.HQQWQLVVHQVRYROOJHVWRSIWGDVLHDXVGHQ1lKWHQ]XJHKHQGURKWHQ $EHU QLFKW QXU 6DFKZLVVHQ PXWH &KDUURQ VLFK DQHLJQHQ VRQGHUQ DXFK
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
WDNWLVFKH.HQQWQLVVH(UHUIXKUGD%DJJR$UQYLOOGHUMHW]WZDKUVFKHLQOLFKVFKRQOlQJVW WRW ZDU EHL VHLQHU 6XFKH QDFK %UXFKVWFNHQ GHV DOWHQ .ULHJVNDOHQGHUV HLQLJHUPDHQ HUIROJUHLFK JHZHVHQ ZDU 'DV EHZLHVHQ GLH $XIQDKPHQ GLH HU JHPDFKW XQG GLH GLH 6SH]LDOLVWHQ GHV *UDXHQ DXVJHZHUWHW KDWWHQ (V ZDU GDKHU JHSODQW PLW GHU 6XFKH LQ HEHQGHU*HJHQG]XEHJLQQHQLQGHUDXFK$UQYLOOVFKRQJHVXFKWKDWWH 6FKOLHOLFK OHUQWH &KDUURQ EHU GLH *HIDKUHQ GHU 7LHIVHH 'LH EHLGHQ OHPXULVFKHQ 6WlGWH ODJHQ 0HWHU XQWHU GHU 2EHUIOlFKH GHV 3D]LILVFKHQ 2]HDQV 'HU :DVVHUGUXFN EHWUXJ PHKU DOV ]ZHLKXQGHUWXQGIQI]LJ $WPRVSKlUHQ 'LH 7DXFKDQ]JHGHUHQVLFK&KDUURQXQGVHLQH0lQQHUEHGLHQHQZUGHQYHUPRFKWHQQXU HLQHQ 7HLO GLHVHV 'UXFNHV PLW +LOIH LQGLYLGXHOOHU 6FKXW]VFKLUPH ]X QHXWUDOLVLHUHQ ,P ,QQHUQGHU0RQWXUHQZUGHLPPHUQRFKHLQ'UXFNYRQPHKUDOV]ZDQ]LJ$WPRVSKlUHQ KHUUVFKHQ 'DV ZDU LP *UXQGH QLFKW VFKOLPP 'HU PHQVFKOLFKH .|USHU NRQQWH VLFK VROFKHQ %HGLQJXQJHQ DQSDVVHQ (V NDP QXU GDUDXI DQ GHQ hEHUJDQJ YRQ QRUPDOHP ]XKRKHP'UXFNQLFKW]XVFKQHOO]XYROO]LHKHQXQGXPJHNHKUW 'DV DOOHV OHUQWH &KDUURQ DXI GHU )DKUW ]X GHQ XQWHUVHHLVFKHQ 6WlGWHQ´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lQQFKHQPLWJUDXHQ+DDUHQXQGIOLQNHQVFKZDU]HQ$XJHQ &KDUURQVDKGHPEHYRUVWHKHQGHQ8QWHUQHKPHQRKQHVRQGHUOLFKH%HJHLVWHUXQJ HQWJHJHQ (V ZDU HLQH $UEHLW GLH YHUULFKWHW ZHUGHQ PXWH XQG MH EHVVHU HU VLH YHUULFKWHWHGHVWRKHOOHUZUGHGLH*QDGHGHV*UDXHQGHQ*HQJKRUGHU+DJHUHGHQ )DNWRUQDQQWHEHULKPOHXFKWHQ&KDUURQKDWWHGLHIHVWH$EVLFKWVHLQH6DFKHVRJXW ZLHP|JOLFK]XPDFKHQ
0DQWXQV3ODQVWDQGIHVW(UZUGHVLFKHLQHQGHU0lQQHUGLHGRUWGUDXHQGHQ %RGHQ GXUFKZKOWHQ VFKQDSSHQ XQG DXVIUDJHQ 'HU *HIDQJHQH PXWH LKP YHUUDWHQ ZRKLQ %DJJR $UQYLOO JHEUDFKW ZRUGHQ ZDU 'LH 6DFKH ZROOWH ZRKO EHUOHJW VHLQ 'D GUDXHQ ZDUHQ DQ GLH DFKW]LJ 0lQQHU EHVFKlIWLJW ZLH 0DQWXQ GXUFK EHUVFKOlJLJHV =lKOHQ HUPLWWHOW KDWWH (U NRQQWH QLFKW HLQIDFK HLQHQ DXV LKUHU 0LWWH JHIDQJHQQHKPHQ 'DV2SIHUPXWH]XU6HLWHJHORFNWZHUGHQGDPLWGLHDQGHUHQGHQhEHUIDOOQLFKWVRIRUW EHPHUNWHQ8QGGDQDFKNDPHVGDUDXIDQGLH*HJHQGVRUDVFKXQGVRXQDXIIlOOLJZLH P|JOLFK]XYHUODVVHQ(UPXWHZHLWZHJVHLQEHYRUGHU*HIDQJHQHYRQVHLQHQ/HXWHQ YHUPLWZXUGH =ZHL 6WXQGHQ ODQJ EHREDFKWHWH HU GLH $NWLYLWlW GHU ([SHGLWLRQ *HUlWH ZXUGHQ DXVGHQ%RRWHQJHEUDFKWXQGDXIJHVWHOOW5LHVLJH6RQQHQODPSHQZXUGHQLQVWDOOLHUWGLH GDV JDQ]H 6XFKJHELHW PLW WDJHVJOHLFKHU +HOOLJNHLW EHUJRVVHQ 'DQQ EHJDQQ PDQ PLW GHU 6XFKH 'LH 0DVFKLQHQ EHJDQQHQ GLH 0DWHULH GHV 7LHIVHHERGHQV LQ VLFK DXI]XVDXJHQ XQG ]X ILOWHUQ =XU %HGLHQXQJ MHGHU 0DVFKLQH ZDUHQ ]ZHL 0lQQHU YRQQ|WHQ 9LHU ZHLWHUH ZDUHQ VWlQGLJ GDPLW EHVFKlIWLJW GLH YRQ GHU 0DVFKLQH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
]XUFNEHKDOWHQHQ JU|EHUHQ %HVWDQGWHLOH GHV 6HHERGHQV ]X XQWHUVXFKHQ XQG VLH DOV EUDXFKEDUH XQG XQEUDXFKEDUH )XQGJHJHQVWlQGH HLQ]XVWXIHQ 'LH XQEUDXFKEDUHQ ZXUGHQ DXI HLQH ]XYRU DEJHJUHQ]WH )OlFKH JHZRUIHQ GLH EUDXFKEDUHQ GDJHJHQ ZDQGHUWHQLQ%HKlOWHUGLHVREDOGVLHYROOZDUHQDQ%RUGGHU%RRWHJHEUDFKWZXUGHQ 8QWHUGHQ0lQQHUQVFKLHQHV6DFKYHUVWlQGLJHXQGZHQLJHU6DFKYHUVWlQGLJH]X JHEHQ 'LH /HXWH GLH GLH 0DVFKLQHQ EHGLHQWHQ XQG GLH )XQGVWNNH XQWHUVXFKWHQ KDWWHQUHODWLYOHLFKWH$UEHLW]XYHUULFKWHQ%HLLKQHQVFKLHQHVVLFKXPGLH([SHUWHQ]X KDQGHOQ 'LH DQGHUHQ GDJHJHQ GLH GLH 0DVFKLQHQ YRQ HLQHP 6XFKRUW ]XP QlFKVWHQ EHZHJWHQ RGHU GLH YROOHQ %HKlOWHU DQ %RUG GHU %RRWH EUDFKWHQ VFKXI²WHWHQ LP 6FKZHLH LKUHV $QJHVLFKWV 6LH ZDUHQ GLH XQJHELOGHWHQ +DQGODQJHU 9RQ LKUHU 6RUWH VFKLHQHVHWZDVEHU]ZDQ]LJ]XJHEHQ/DQJH=HLWEHPKWHVLFK0DQWXQYHUJHEOLFK GHQ$QIKUHUGHU([SHGLWLRQ]XLGHQWLIL]LHUHQ(UVWQDFKHLQHUJHUDXPHQ:HLOHEHJDQQ VLFK HLQ 0DQQ GHU QDFK GHQ $XVPDHQ VHLQHV 7DXFKDQ]XJV ]X XUWHLOHQ YRQ JHZLFKWLJHP 8PIDQJ VHLQ PXWH DOV SODXVLEHOVWHU .DQGLGDW KHUDXV]XVFKlOHQ (U VFKOHQGHUWH DXI GHP 6XFKJHOlQGH KLQ XQG KHU XQG PDFKWH LP DOOJHPHLQHQ GHQ (LQGUXFN HLQHV 0DQQHV GHU VHLQHQ 3RVWHQ QLFKW VHLQHP 6DFKYHUVWlQGQLV VRQGHUQ HKHUGHP:RKOZROOHQVHLQHV&KHIVYHUGDQNWH )U 0DQWXQ ZlUH GLHVHU 0DQQ GDV LGHDOH 2SIHU JHZHVHQ *OHLFK]HLWLJ MHGRFK PDFKWHLKQVHLQH6WHOOXQJDOV/HLWHUGHU([SHGLWLRQVRJXWZLHXQDQJUHLIEDU,KQZUGH PDQVRIRUWYHUPLVVHQ$XHUGHPEHIDQGHUVLFKPLWWHQXQWHUVHLQHQ/HXWHQ0DQNDP QLFKW DQ LKQ KHUDQ RKQH YRUKHU EHPHUNW ]X ZHUGHQ (U VFKLHQ MHGRFK ]ZHL 2UGRQQDQ]HQ ]X KDEHQ²HLQHQ 0DQQ YRQ QRUPDOHP :XFKV XQG HLQHQ =ZHUJ² GLH VLFK PHLVW LQ VHLQHU 1lKH DXIKLHOWHQ XQG VLFK QXU GDQQ XQG ZDQQ YRQ VHLQHU 6HLWH HQWIHUQWHQ XP PLW +DQG DQ]XOHJHQ 0DQWXQ ZlKOWH VLFK GHQ .OHLQHQ DOV SRWHQWLHOOHV 2SIHUDXV 0DQWXQ KDWWH ]XP =ZHFN GLHVHU PHKUVWQGLJHQ %HREDFKWXQJ GLH RSWLVFKH 6RQGHHLQ]ZHLWHV0DODXVJHIDKUHQ6LHVWDQGXQPLWWHOEDUEHUGHU.DQWHHLQHUKRKHQ 0DXHU GLH GHQ 6XFKSODW] GHU ([SHGLWLRQ DXI HLQHU 6HLWH EHJUHQ]WH (U DNWLYLHUWH MHW]W ]XVlW]OLFK GHQ 5DGLRNRP XP ]X HUIDKUHQ DXI ZHOFKH :HLVH GLH 0LWJOLHGHU GHU ([SHGLWLRQ VLFK XQWHUHLQDQGHU YHUVWlQGLJWHQ (U EUDXFKWH QLFKW ODQJH ]X VXFKHQ GD IDQG HU HLQHQ )UHTXHQ]EHUHLFK DXI GHP EHWUlFKWOLFKH $NWLYLWlW KHUUVFKWH (U K|UWH HLQ YLHOIlOWLJHV 6WLPPHQJHZLUU GD]ZLVFKHQ VFKDUIH %HIHKOH XQG GDV .HXFKHQ YRQ 0lQQHUQ GLH VFKZHUH N|USHUOLFKH $UEHLW OHLVWHWHQ $XV =XVDPPHQKDQJ YRQ %LOG XQG 7RQ HUNDQQWH 0DQWXQ EDOG ZHU PLW ZHP VSUDFK 'LH ([SHGLWLRQ KDWWH HV VLFK OHLFKW JHPDFKW 6lPWOLFKHU 6SUHFKYHUNHKU HUIROJWH DXI GHPVHOEHQ %DQGEHUHLFK 'HU %UHLWVFKXOWULJHGHQ0DQWXQIUGHQ/HLWHUGHV8QWHUQHKPHQVKLHOWZXUGHDEZHFKVHOQG &KHIXQG&KDUURQJHQDQQW9RQVHLQHQEHLGHQ2UGRQQDQ]HQKLHGHUVFKODQNH0DQQ +DQJDMXQGGHU=ZHUJ6SLII6SLIIZDUGHUMHQLJHDXIGHQ0DQWXQHVDEJHVHKHQKDWWH :lKUHQGGHV%HREDFKWHQVKDWWH0DQWXQGLH'HWDLOVVHLQHV3ODQHVHQWZLFNHOW(U ZXWHMHW]WJHQDXZLHHUYRU]XJHKHQKDWWH(UEUDXFKWHXP6SLIIGDPLW]XEHGURKHQ HLQH :DIIH (U HQWVFKLHG VLFK IU HLQHQ %ODVWHU GHQ HU LQ GHQ *UWHO VHLQHU 7DXFKNRPELQDWLRQ VFKRE %ODVWHU ZDUHQ LP 1DKNDPSI ZLUNVDP XQG JHIUFKWHW 'HU =ZHUJ ZUGH VLFK GHU 'URKXQJ GLH YRQ GHU :DIIH DXVJLQJ QLFKW HQW]LHKHQ N|QQHQ =ZHLWHQVEUDXFKWHHUHLQHQNOHLQHQ6SUHQJN|USHUXPGLH%HGLQJXQJHQ]XVFKDIIHQGLH HU IU GHQ hEHUIDOO EUDXFKWH $XI 5HLQKHLPHUV $QUDWHQ KDWWH %DJJR $UQYLOO VLFK HLQHQ 9RUUDWVROFKHU6SUHQJN|USHUDQJHOHJW(UKDWWHGDPLWJHUHFKQHWGDVLHEHLGHU6XFKH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
QDFK GHP .ULHJVNDOHQGHU DXI :LGHUVWlQGH LP %RGHQ GHU 7LHIVHH VWRHQ ZUGHQ GLH QXU GXUFK 6SUHQJXQJHQ EHVHLWLJW ZHUGHQ NRQQWHQ 'LH 6SUHQJNDSVHOQ ODJHQ LQ HLQHP GHU9RUUDWVUlXPH 0DQWXQ |IIQHWH GDV 6FKRWW XQG EHWUDFKWHWH QDFKGHQNOLFK GLH YHUVFKLHGHQHQ 6SUHQJNDOLEHUGLHVlXEHUOLFKDXI*HVWHOOHQDXIJHUHLKWZDUHQ'LH6SUHQJNDSVHOGLHHU EUDXFKWH ZDU HLQHU GHU 0DVFKLQHQ ]XJHGDFKW 'LH ([SORVLRQ VROOWH ZHQQ HV VLFK HUP|JOLFKHQ OLH ZLH HLQH )HKOIXQNWLRQ GHU 0DVFKLQH ZLUNHQ (U EUDXFKWH DOVR GDV NOHLQVWH.DOLEHU (UEHXJWHVLFKYRUQEHUXPHLQHGHUNOHLQHUHQ.DSVHOQDQVLFK]XQHKPHQGD K|UWHHUHLQPHUNZUGLJHV*HUlXVFK(VZDUHLQGXPSIHVVHXI]HQGHV6W|KQHQZLHHV EHUEHDQVSUXFKWHV 0HWDOO PDQFKPDO YRQ VLFK JLEW (U HUVFKUDN %UDFK GLH +OOH GHU 6SDFH-HW XQWHU GHU JHZDOWLJHQ %HDQVSUXFKXQJ ]XVDPPHQ" 6FKRQ ZDU HU GDEHL GHQ +HOP VHLQHU 7DXFKPRQWXU EHU GHQ 6FKlGHO ]X ]LHKHQ GD K|UWH HU GDV *HUlXVFK HLQ ]ZHLWHV0DO(UK|UWHZRKHUGHUPHUNZUGLJH/DXWNDP²QLFKWYRQGHU$XHQKOOHGHV )DKU]HXJVVRQGHUQJDQ]DXVGHU1lKHDXVGHPQlFKVWHQ5DXP ,P1XVWDQGHUGUDXHQDXIGHP*DQJXQG|IIQHWHGDV6FKRWWGHUDQJUHQ]HQGHQ .DPPHU 'HU $QEOLFN GHU VLFK LKP ERW UDXEWH LKP GHQ $WHP 'LHV ZDU GHU 5DXP LQ GHP HU 'U 5HLQKHLPHU DEJHOHJW KDWWH QDFKGHP HU YRQ GHQ XQEHNDQQWHQ *DQJVWHUQ GLH$UQYLOOHQWIKUWKDWWHQHUVFKRVVHQZRUGHQZDU(UKDWWHLKQHLQIDFKDXIGHQ%RGHQ JHOHJWXQGLKPGLH$XJHQ]XJHGUFNWZLHHVVLFKJHK|UWH 'HU0DQQGHULKPMHW]WPLWYHUVFKZRPPHQHP%OLFNHQWJHJHQVDKKDWWHMHGRFK GLH$XJHQRIIHQ=XGHPODJHUQLFKWPHKUIODFKDXIGHP%RGHQVRQGHUQHUKDWWHVLFK DXI GLH (OOERJHQ HUKREHQ 'DV /LFKW GDV DXV GHP *DQJ KHUHLQILHO VFKLHQ LKQ ]X EOHQGHQ=XPGULWWHQPDOVWLHHUGDVHLJHQWPOLFKH6W|KQHQDXVGDV0DQWXQ]XHUVWIU GDV*HUlXVFKGHUEHUEHDQVSUXFKWHQ%RUGZDQGJHKDOWHQKDWWH %DJJR$UQYLOOVFKUDNDXIDOVGDVVWlQGLJHPRQRWRQH=LVFKHQGHU/XIW]XIXKU SO|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lKLJ JHZHVHQZlUHKlWWHHUVLFKJHKWHWVLHOlQJHUDOVQXUIUHLQSDDU6HNXQGHQ HLQ]XVFKDOWHQ/LFKWORFNWHGLH7LHUHGHV0HHUHVDQXQGHVPRFKWHQVLFK*HVFK|SIH GDUXQWHUEHILQGHQGLHJURJHQXJXQGGHUHQ=lKQHVFKDUIJHQXJZDUHQXPVHOEVW GXUFKGDVZLGHUVWDQGVIlKLJH0DWHULDOVHLQHU0RQWXU]XGULQJHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(UKDWWHMHGHV*HIKOIU%HZHJXQJYHUORUHQ'DHUVLFKQLFKWRULHQWLHUHQNRQQWH ZXWHHUQLFKWREHUVLFKYRUZlUWVEHZHJWHRGHUVWLOOVWDQG$XVGHQ/LFKWYHUKlOWQLVVHQ ZlKUHQGGHV7DJHVKDWWHHUJHVFKORVVHQGDHUVLFKLQHLQHU7LHIHYRQHWZD HLQKXQGHUWXQGIQI]LJELV]ZHLKXQGHUW0HWHUQEHIDQG,QGLHVHQ*HJHQGHQJDEHV 6WU|PXQJHQ:DKUVFKHLQOLFKWULHEHLQHGDYRQLKQPLWVLFKIRUW$EHULQZHOFKH 5LFKWXQJ" 3O|W]OLFKIKOWHHUHLQHQVDQIWHQ6WR(UZDUJHJHQHLQ+LQGHUQLVJHSUDOOW(U VWUHFNWHGLH$UPHDXVXQGEHNDPKDUWHQ)HOV]XIDVVHQ(UJULIIQDFKXQWHQQDFKREHQ XQG]XU6HLWHhEHUDOOZDU)HOV:LOGH+RIIQXQJEHPlFKWLJWHVLFKGHV0DQQHVGHU ZHQLJHUDOVDFKW6WXQGHQQRFK]XOHEHQKDWWH:LHZHQQGHU)HOVELVEHUGLH 0HHUHVREHUIOlFKHKLQDXVUDJWH" 'HU*HGDQNHYHUOLHKLKPQHXH7DWNUDIW(UEHJDQQ]XNOHWWHUQ7URW]GHV EHDFKWOLFKHQ*HZLFKWVVHLQHU0RQWXUEHGHXWHWHGDVNHLQHEHVRQGHUH6FKZLHULJNHLW(U NDPUDVFKYRUZlUWV-HGHU6FKULWWQDFKREHQEHGHXWHWHQHXHQ7ULXPSKPLWMHGHP 6FKULWWNDPHUGHUUHWWHQGHQ2EHUIOlFKHQlKHU 'DQQDXIHLQPDOZDUGHU)HOV]X(QGH(VJLQJQLFKWPHKUZHLWHU%DJJR$UQYLOO EHIDQGVLFKZLHHUVLFKGXUFK7DVWHQEHU]HXJWHDXIHLQHPNOHLQHQNUHLVI|UPLJHQ 3ODWHDXYRQQLFKWPHKUDOVYLHU0HWHU'XUFKPHVVHU'DVZDUGHU*LSIHOGHV XQWHUVHHLVFKHQ)HOVHQV(UZDUDP(QGH'LH(QWWlXVFKXQJZDUVRLQWHQVLYGD$UQYLOO VLHN|USHUOLFK]XVSUHQJODXEWH (UKRFNWHVLFKDQGHQ5DQGGHVNOHLQHQ3ODWHDXVXQGKLHOWVLFKDQGHU.DQWH IHVWGDPLWLKQGLH6WU|PXQJQLFKWGDYRQWUXJ-HGHVZHLWHUH%HPKHQZDUVLQQORV(U ZROOWHQLFKWZHLWHU(UNRQQWHQLFKWZHLWHU+LHUDQGLHVHP2UWDXIGHP*LSIHOGHV )HOVHQVZROOWHHUGHQ7RGHUZDUWHQ
&KDUURQ GHU 6WLHUQDFNLJH YHUIROJWH GLH 7lWLJNHLW VHLQHU 8QWHUJHEHQHQ RKQH VRQGHUOLFKHV,QWHUHVVH(UKDWWHDQJHRUGQHWGDPDQLKPPLWWHLOHVREDOGHLQZLFKWLJHU RGHU ]XPLQGHVW YLHOYHUVSUHFKHQGHU )XQG JHPDFKW ZXUGH (LQH VROFKH 0LWWHLOXQJ KDWWH HUELVMHW]WQRFKQLFKWHUKDOWHQ %LVMHW]WZDUHQVLHYRQGHU3ROL]HLQLFKWEHOlVWLJWZRUGHQ2EZRKOHUHLQH/L]HQ] EHVDGLHLKQ]X$XVJUDEXQJHQEHUHFKWLJWHHPSIDQG&KDUURQQLFKWVGHVWRZHQLJHUHLQH LQVWLQNWLYH$EQHLJXQJJHJHQGLH3ROL]HL-HZHQLJHUHUPLWLKU]XWXQKDWWHGHVWROLHEHU ZDUHVLKP 'DV*HKHQXQWHUGHP(LQIOXGHVKRKHQ:DVVHUGUXFNVVWUHQJWHLKQDQREZRKO VHLQH 0RQWXU EHU HLQH 6HPL5RERWLN IXQNWLRQLHUWH GLH GLH *OLHGHU GHV $Q]XJV JHJHQ GLH=lKLJNHLWGHV:DVVHUVEHZHJWH(UNDPVLFKYRUZLHHLQH0DULRQHWWHGHUHQ$UPH XQG%HLQHDQ)lGHQEHZHJWZXUGHQ 6SLIINHKUWHYRQHLQHP$XIWUDJ]XUFN ³+HK&KHI´ULHIHU³%HL0DVFKLQHGUHLKDEHQVLHHWZDVHQWGHFNW(VLVWP|JOLFK GDHVVLFKXPHLQ%UXFKVWFNGHV.ULHJVNDOHQGHUVKDQGHOW6LHZLVVHQHVQLFKWQLFKW JHQDX´ &KDUURQ VHW]WH VLFK LQ %HZHJXQJ ,QVJHVDPW IQI 0DVFKLQHQ ZDUHQ DXIJHVWHOOW ZRUGHQ 1XPPHU GUHL VWDQG XQZHLW GHU :DQG GLH GHQ 6XFKSODW] QDFK 1RUGHQ KLQ DEJUHQ]WH 'HU 6WLHUQDFNLJH VDK GD GRUW HWZDV ORV ZDU 'LH YLHU ([SHUWHQ GLH GLH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
)XQGVWFNHXQWHUVXFKWHQVWDQGHQGLFKWEHLVDPPHQXQGSXW]WHQDQHLQHP*HJHQVWDQG KHUXP XP GLH 6FKODPPNUXVWH ]X HQWIHUQHQ GLH LKQ LP /DXI GHU -DKU]HKQWDXVHQGH HLQJHKOOWKDWWH&KDUURQEHVFKOHXQLJWHVHLQH6FKULWWH6SLIIKDWWH0KHPLWLKP6FKULWW ]XKDOWHQ $OV &KDUURQ GLH *UXSSH YRQ ([SHUWHQ HUUHLFKWH WUDWHQ GLH 0lQQHU JHUDGH DXVHLQDQGHU'HUMHQLJHGHUGDV)XQGVWFN]XOHW]WLQGHU+DQGJHKDEWKDWWHEHI|UGHUWH HVDQGHQ2UWDQGHPGLHQXW]ORVHQ*HJHQVWlQGHJHODJHUWZXUGHQ ³:LHGHUQLFKWV"´IUDJWH&KDUURQHQWWlXVFKW ³1LFKWV´DQWZRUWHWHHLQHUGHU)DFKOHXWH³(LQ6WFNYHUVWHLQHUWHV+RO]6WDPPW ZDKUVFKHLQOLFK YRQ HLQHP XQWHUJHJDQJHQHQ 6FKLII DXV GHP DFKW]HKQWHQ RGHU QHXQ]HKQWHQ-DKUKXQGHUW´ &KDUURQ IOXFKWH $OV HU VLFK XPZDQGWH JLQJ VHLQ %OLFN ]XIlOOLJ LQ GLH +|KH (U VDK HLQHQ NOHLQHQ ZUIHOI|UPLJHQ *HJHQVWDQG GHU ODQJVDP DXV GHU +|KH JHWRUNHOW NDP (U VFKLHQ VLFK DXI GLH 0DVFKLQH 1XPPHU GUHL VHQNHQ ]X ZROOHQ &KDUURQ PD LKPNHLQH%HGHXWXQJEHL:DVNRQQWHHVVFKRQVHLQ",QGHQ7LHIHQGHV2]HDQVWULHE VLFKDOOHUKDQG=HXJKHUXP (U JLQJ HLQ SDDU 6FKULWWH GD K|UWH HU SO|W]OLFK HLQ VFKDUIHV *HUlXVFK ZLH GDV KDUWH³3ORS´HLQHV6HNWNRUNHQVGHUDXVGHU)ODVFKHIXKU(UZDQGWHVLFKXPXQGVDK GDGLH0DVFKLQHGUHLLQHLQHZLUEHOQGH:RONHDXV6FKODPPXQG6DQGJHKOOWZDU'LH :RONHEUHLWHWHVLFKDXV,P1XHUIDWHVLHGLHXPOLHJHQGHQ:DVVHUPDVVHQXQGELQQHQ ZHQLJHU 6HNXQGHQ ZDU HV DXI GHP JHVDPWHQ 6XFKSODW] VR WUEH GD PDQ NHLQHQ 6FKULWW ZHLW PHKU VHKHQ NRQQWH :LUUHV *HVFKUHL GUDQJ DXV GHP +HOPHPSIlQJHU &KDUURQZDUKLOIORV:DVVROOWHHUWXQ":DVZDUJHVFKHKHQ"2IIHQVLFKWOLFKZDUEHLGHU GULWWHQ 0DVFKLQH HLQ 9HUVDJHU DXIJHWUHWHQ 'HU 6FKODPP ZXUGH QLFKW PHKU ZLUEHOIUHL DXVJHVWRHQ (U HULQQHUWH VLFK DQ GHQ NOHLQHQ *HJHQVWDQG GHQ HU DXV GHU +|KH KDWWH KHUDEWUXGHOQ VHKHQ +DWWH GHU HWZDV GDPLW ]X WXQ" 3O|W]OLFK W|QWH GXUFK GDV ZLUUH 6FKUHLHQLP+HOPHPSIlQJHUHLQHNODUHEHIHKOVJHZRKQWH6WLPPH ³6SLII+LHUKHU´ bQJVWOLFKYHUZLUUWNDP6SLIIV$QWZRUW ³:RKLQ",FKNDQQGLH+DQGQLFKWYRU$XJHQVHKHQ´ ³$Q GLH 0DXHU´ GLULJLHUWH GLH HUVWH 6WLPPH ³2VWHQGH (V KDW HLQHQ GHU /HXWH HUZLVFKW´ ³,FKNRPPH´ULHI6SLII &KDUURQIOXFKWH(UZXWHQLFKWPHKUZRHUZDU,QGHQOHW]WHQ6HNXQGHQKDWWH HUVLFKVRRIWKLQXQGEHUJHGUHKWGDLKPGLH2ULHQWLHUXQJYHUORUHQJHJDQJHQZDU:R ZDU6SLII":HUZDUGHUXQEHNDQQWH5XIHUGHUVLFKHUODXEWH6SLII%HIHKOH]XJHEHQ" ³6SLII´VFKULH&KDUURQ ³-DMDELQVFKRQXQWHUZHJV´NDPGLHXQJHGXOGLJH$QWZRUW &KDUURQVDKHLQGDHUDXIGLHVH:HLVHQLFKWVDXVULFKWHQZUGH6SLIIKLHOWLKQ IU GHQMHQLJHQ YRQ GHP HU GHQ %HIHKO HUKDOWHQ KDWWH 8QYHUVHKHQV VWLH GHU 6WLHUQDFNLJHJHJHQHLQ+LQGHUQLV(UVFKREGHQEHKHOPWHQ.RSIVRQDKHKHUDQGDHU (LQ]HOKHLWHQDXVPDFKHQNRQQWH(UZDUJHJHQHLQHGHU0DVFKLQHQJHSUDOOW(VPXWH GLH0DVFKLQH1XPPHUGUHLVHLQHLQHDQGHUHZDUQLFKWLQGHU1lKH:HQQHUVLFKMHW]W QDFKUHFKWVYRUZlUWVKLHOWGDQQPXWHHUDQGDV2VWHQGHGHU0DXHUNRPPHQGLHGHQ 6XFKSODW]EHJUHQ]WH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(UVWLHVLFKDEXQGPDUVFKLHUWHGDYRQ ³6SLII´ULHIHUYRQQHXHPXQGDOVLKPGDV*HOlUPHLP(PSIlQJHU]XODXWZXUGH VFKULHHU]RUQLJ³+DOWHWGLH0lXOHULKU$IIHQ+LHULVWHWZDVIDXO´ 6LHJHKRUFKWHQLKPXQGVFKZLHJHQ $EHUVRRIWHUDXFKQDFK6SLIIULHIYRQ6SLIINDPNHLQH$QWZRUW
³'RNWRU5HLQKHLPHU´KDXFKWH0DQWXQKDOEHQWVHW]WKDOEEHJHLVWHUW =|JHUQGIRUPWHQVLFK:RUWHDXIGHQ/LSSHQGHV9HUZXQGHWHQ ³5HLQKHLPHU"-DLFK:DVZDVLVWORV":RELQLFK"´ 'DJLQJGLH%HJHLVWHUXQJPLW0DQWXQGXUFK ³6LHVLQGJHUHWWHW´ULHIHU³6LHOHEHQ´ 5HLQKHLPHUGHULQ]ZLVFKHQJHOHUQWKDWWHGLH$XJHQDXIHLQEHVWLPPWHV=LHO]X ULFKWHQVDKLKQYHUZXQGHUWDQ ³:LHVR"´NUlFK]WHHU³+LHOWHQ6LHPLFKIUWRW"´ 0DQWXQ QLFNWH XQG ZDUI HLQHQ EH]HLFKQHQGHQ %OLFN DXI GLH 6WHOOH DQ GHU 5HLQKHLPHUV 0RQWXU XQWHU GHP (LQIOX HLQHU 6WUDKOVDOYH YHUEUDQQW XQG ]HUVFKPRO]HQ ZDU (V VDK VR DXV DOV VHL LKP GHU 6FKX TXHU GXUFK GHQ /HLE JHIDKUHQ $EHU DQVFKHLQHQG ZDU GLH 6DOYH HUVWHQV VFKOHFKW JH]LHOW JHZHVHQ XQG ]ZHLWHQV KDWWH GHU ZLGHUVWDQGVIlKLJH$Q]XJGHQJU|WHQ7HLOGHU6WUDKOHQHUJLHDEVRUELHUW ³=LHKHQ6LHPLUGDV'LQJDXV´YHUODQJWH5HLQKHLPHU 0DQWXQ VWUHLIWH LKP GLH 0RQWXU DE 5HLQKHLPHU VW|KQWH XQG lFK]WH GDEHL DOVR ZDUHUGRFKYHUZXQGHWZRUGHQ8QWHUGHP7DXFKHUDQ]XJWUXJHU$OOWDJVNOHLGXQJ$XFK VLH ZDU YHUEUDQQW 0DQWXQ HQWIHUQWH GLH EUFKLJHQ hEHUUHVWH 'DUXQWHU NDP EODVLJH +DXW]XP9RUVFKHLQ ³(VKDWVLHJDQ]VFK|QHUZLVFKW´VDJWH0DQWXQ ³$FKZDVHUZLVFKW´]HWHUWH5HLQKHLPHUXQGYHUVXFKWHVLFKDXI]XULFKWHQ'DEHL HUZLHV HV VLFK MHGRFK GD HU VHLQH .UDIW EHUVFKlW]W KDWWH ,KP ZXUGH VFKZLQGOLJ bFK]HQGVDQNHU]XUFN ³'DVHKHQ6LH´WDGHOWH0DQWXQ³'HU7UHIIHUKDW6LHJDQ]VFK|QPLWJHQRPPHQ 6LHKDEHQQLFKWXPVRQVWOlQJHUDOVHLQHQKDOEHQ7DJEHZXWORVJHOHJHQ´ ³'DVLVWPHLQHPSILQGOLFKHV*HPW´VDJWH5HLQKHLPHU³,FKZHUGHLPPHUJOHLFK YRU6FKUHFNRKQPlFKWLJ´ 0DQWXQ VFKDIIWH LKQ EHKXWVDP LQ GHQ .RPPDQGRVWDQG $XI HLQPDO VDK GDV /HEHQ ZLHGHU YLHO DQJHQHKPHU DXV 1LFKW QXU KDWWH HU $XVVLFKW %DJJR $UQYLOOV $XIHQWKDOW LQ QlFKVWHU =XNXQIW ]X HUIDKUHQ HU KDWWH DXFK HLQHQ .DPSIJHIlKUWHQ XQG EUDXFKWH GLH $QVWUHQJXQJHQ XQG 5LVLNHQ GLH GLH NRPPHQGHQ 6WXQGHQ IU LKQ EHUHLWKLHOWHQ QLFKW PHKU DOOHLQH ]X WUDJHQ (U YHUDEUHLFKWH 5HLQKHLPHU HLQ NUlIWLJHV 6WlUNXQJVPLWWHO'DQQEUDFKWHHU%DQGDJHQDQGLHGHQ6FKPHU]GHUYHUEUDQQWHQ+DXW OLQGHUQ GHQ +HLOSUR]H EHVFKOHXQLJHQ XQG ,QIHNWLRQHQ YHUKWHQ ZUGHQ $OV GLH 3UR]HGXUEHHQGHWZDUIKOWHVLFK5HLQKHLPHUVFKRQZHVHQWOLFKJHNUlIWLJW ³,QPLUVWHFNWGLH.UDIWHLQHVMXQJHQ/|ZHQ´SUDKOWHHU ³=HKQ 0LQXWHQ QDFK GHU *HEXUW´ GlPSIWH 0DQWXQ VHLQH %HJHLVWHUXQJ ³6LH N|QQHQQRFKQLFKWHLQPDOJHUDGHDXVVHKHQRKQH]XEOLQ]HOQ´ ³'DV PDFKW GDV YHUGDPPWH KHOOH /LFKW´ NQXUUWH 5HLQKHLPHU ³(U]lKOHQ 6LH PLU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
ZDVJHVFKHKHQLVW´ 0DQWXQWDWLKPGHQ:LOOHQ ³8QGMHW]W"´IUDJWHGHU*HOHKUWHQDFKGHPGHU%HULFKWJHHQGHWKDWWH ³$QGHUVHOEHQ6WHOOHDQGHUZLUJHJUDEHQKDEHQ´HUNOlUWH0DQWXQ³EHVFKlIWLJW VLFK LP $XJHQEOLFN HLQH IUHPGH ([SHGLWLRQ ,FK KDEH GDV GHXWOLFKH *HIKO GD GHU )HLQG VLH ]XVDPPHQJHVWHOOW KDW ,FK EHDEVLFKWLJH HLQHV GHU ([SHGLWLRQVPLWJOLHGHU ]X IDQJHQXQG]XYHUK|UHQ,FKZLOOHUIDKUHQZRKLQPDQ%DJJR$UQYLOOJHVFKDIIWKDW´ 5HLQKHLPHUV 8QIDOO VFKLHQ YLHO YRQ GHU 8QHQWVFKORVVHQKHLW GLH VRQVW IU LKQ FKDUDNWHULVWLVFKJHZHVHQZDUEHVHLWLJW]XKDEHQ ³:LHNDQQLFK,KQHQKHOIHQ"´ 0DQWXQVFKWWHOWHGHQ.RSI ³6LH KDOWHQ VLFK DP EHVWHQ ]XUFN´ VDJWH HU ³0LW HLQKXQGHUWXQGGUHL -DKUHQ HLQHQVROFKHQ6FKXDE]XNULHJHQLVWNHLQ.LQGHUVSLHO6LHPVVHQVLFK´ ³:ROOHQ6LHPLUHWZDPHLQ$OWHUYRUUHFKQHQ"´GRQQHUWH5HLQKHLPHU³:ROOHQ6LH EHKDXSWHQLFKVHLQLFKWVPHKUZHUWZHLOLFKGLH+XQGHUWEHUVFKULWWHQKDEH",FKJHEH ,KQHQ]XEHGHQNHQGDGLH'HXWVFKHQVFKRQLPPHUGDIUEHNDQQWZDUHQ´ ³ GD VLH GLH GLFNVWHQ +DUWVFKlGHO GHU :HOW KDEHQ´ ODFKWH 0DQWXQ ³,FK ZHL VFKRQ:HQQLFKPLUGLH6DFKHVREHUOHJHGDQQJLEWHVWDWVlFKOLFKHWZDVZREHL6LH PLUKHOIHQN|QQWHQ ³1DDOVR´NQXUUWHGHU$UFKlRORJH ³6REDOG LFK GHQ .HUO JHVFKQDSSW KDEH PVVHQ ZLU YRQ KLHU YHUVFKZLQGHQ´ VDJWH 0DQWXQ QDFKGHQNOLFK ³,FK KDWWH GDUDQ JHGDFKW GLH 6SDFH-HW YRP $XWRSLORWHQ IOLHJHQ]XODVVHQGHQQGHU*HIDQJHQHXQGLFKEUDXFKHQZHQLJVWHQVHLQH9LHUWHOVWXQGH LQGHU6FKOHXVHXPGHQQ|WLJHQ'UXFNDXVJOHLFKKHU]XVWHOOHQ´ ³1DXQG"´IUDJWH5HLQKHLPHUDXIJHEUDFKW³-HW]WKDEHQ6LHGRFKPLFK-HW]WNDQQ LFKGDV)DKU]HXJVWHXHUQ%HLGHP$XWRSLORWHQZLVVHQ6LHRKQHKLQQLFKWZRKLQHUPLW ,KQHQGXUFKJHKW:RUDXIZROOWHQ6LHLKQGHQQSURJUDPPLHUHQ"´ ³6LHHULQQHUQVLFKDQGLHJURH([SHGLWLRQGLHQ|UGOLFKGHV)OXVVHVDUEHLWHW"´ 8UVSUQJOLFKKDWWH)ULW]5HLQKHLPHUHLQHQ2UWXQPLWWHOEDUDP1RUGXIHUGHVDOWHQ )OXVVHV GHU HLQVW GLH EHLGHQ OHPXULVFKHQ 6Wl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lIWLJWH ³1DWUOLFKHULQQHUHLFKPLFK´VDJWH5HLQKHLPHUPLW1DFKGUXFN ³,FK KDWWH GLH $EVLFKW GLFKW EHU GLH ([SHGLWLRQ KLQZHJ DE]XVWUHLFKHQ GDEHL YLHOOHLFKWHLQZHQLJ6FKODPPDXI]XZLUEHOQXQGGDPLWHUVWHQVGLH9HUIROJHUXQG]ZHLWHQV GLH /HXWH GHU ([SHGLWLRQ GXUFKHLQDQGHU]XEULQJHQ 'LH ([SHGLWLRQ LVW PLW HLQHU 5HLKH YRQ+RFKOHLVWXQJVIDKU]HXJHQDXVJHUVWHW(VLVWQLFKWXQGHQNEDUGDVLHXQVLQLKUHU :XWHEHQIDOOVYHUIROJHQ8QGMHPHKU/HXWHLFKDXIGHQ)HUVHQKDEHGHVWRVLFKHUHUELQ LFKGDGHU)HLQGXQVQLFKWHUZLVFKW´HUNOlUWH0DQWXQ ³'DVLVWHLQHVHOWVDPH/RJLN´PXUPHOWH5HLQKHLPHUNRSIVFKWWHOQG³.HQQHQ6LH GHQQKLHULQGHU1lKHHLQ9HUVWHFNLQGHPZLUXQVYHUNULHFKHQXQGDEZDUWHQN|QQHQ
'HU0DQQGHUDXVGHU7LHIHNDP
ELVVLFKGHU6WDXEJHOHJWKDW"´ ³-D´DQWZRUWHWH0DQWXQHLQIDFK
M
$WODQ
.XU]H=HLWVSlWHUZDU0DQWXQXQWHUZHJV(UEHZHJWHVLFKLQGHU+DOWXQJHLQHV 6FKZLPPHUVXQGKDWWHGHQ+RFKOHLVWXQJVDQWULHEGHU7DXFKHUPRQWXUHLQJHVFKDOWHWGHU LKPGLH*HVFKZLQGLJNHLWHLQHV7RUSHGRVYHUOLHK,QZHQLJHQ$XJHQEOLFNHQHUUHLFKWHHU GLH DOWH *HElXGHZDQG MHQVHLWV GHUHU VLFK GLH IHLQGOLFKH ([SHGLWLRQ EHWlWLJWH $XI GHQ OHW]WHQ 0HWHUQ VFKDOWHWH HU GHQ 9RUZlUWVDQWULHE DE XQG EHZHJWH VLFK YRQ GD DE QXU QRFKPLW+LOIHGHU6HPL5RERWLNYRUZlUWV 'LH :DQG KRE VLFK ZLH HLQ JLJDQWLVFKHU ILQVWHUHU .ROR YRU LKP DXV GHU 7LHIH HLQJHUDKPW YRQ GHU /LFKWIOXW GLH GLH 6RQQHQODPSHQ GHU ([SHGLWLRQ YHUVWUDKOWHQ $P 2VWUDQG GHU :DQG GLH DOOJHPHLQ LQ RVWZHVWOLFKHU 5LFKWXQJ YHUOLHI JHZDKUWH HU LQ JHULQJHU+|KHPHKUHUHgIIQXQJHQGXUFKGLHGDV/LFKWXQJHKLQGHUWKLQGXUFKVWU|PWH,P 9HUWUDXHQ DXI GLH 6WDELOLWlW GHV 0DXHUZHUNV GDV XQWHU ZLGULJVWHQ %HGLQJXQJHQ QXQ VFKRQ IQI]LJ -DKUWDXVHQGH EHUGDXHUW KDWWH NORPP HU GLH :DQG HPSRU ELV HU HLQH GHU gIIQXQJHQ HUUHLFKWH 9RQ GRUW DXV KDWWH HU HLQHQ IUHLHQ $XVEOLFN DXI GHQ 6XFKSODW]GHUIHLQGOLFKHQ([SHGLWLRQ 1DKH]XXQPLWWHOEDUXQWHULKPVWDQGHLQHGHU0DVFKLQHQGLHGHQ0HHUHVJUXQGLQ VLFK DXIVRJHQ GLH JU|EHUHQ 6WFNH ]XUFNEHKLHOWHQ XQG GDV IHLQH 6HGLPHQW0DWHULDO ZLHGHU YRQ VLFK VWLHHQ 6HFKV 0DQQ ZDUHQ ULQJV XP GLH 0DVFKLQH EHVFKlIWLJW =ZHL KLHOWHQ VLH LQ *DQJ GLH DQGHUHQ YLHU XQWHUVXFKWHQ GLH )XQGVWFNH 0DQWXQV +HOPHPSIlQJHUZDUDXIGLH)UHTXHQ]MXVWLHUWDXIGHUGLH0LWJOLHGHUGHU([SHGLWLRQVLFK PLWHLQDQGHU YHUVWlQGLJWHQ (U K|UWH ZLH GLH YLHU 0lQQHU GLH PLW GHU 6RUWLHUXQJ GHU )XQGVWFNHEHVFKlIWLJWZDUHQVLFKPLWHLQDQGHUXQWHUKLHOWHQ ³+HK VHKW HXFK GDV DQ´ ULHI HLQHU LQ HUUHJWHP 7RQIDOO ³/HLFKW XQG KDUW ZLH YHUVWHLQHUWHV+RO]´ ³'DV0DWHULDODXVGHPGHU.ULHJVNDOHQGHUJHPDFKWLVW´VWLPPWHHLQ]ZHLWHUHLQ 'LHYLHU0lQQHUELOGHWHQHLQH*UXSSH'DV)XQGVWFNJLQJYRQ+DQG]X+DQG 'HU 6FKODPP GHU -DKUWDXVHQGH KDWWH VLFK DXI LKP DEJHVHW]W RGHU VR PHLQWHQ ZHQLJVWHQVGLH0lQQHUGLHGLH.UXVWHQXQGXUFKYRUVLFKWLJHV:LVFKHQXQG%UVWHQ]X HQWIHUQHQVXFKWHQ 0DQWXQK|UWHHLQHZHLWHUH6WLPPH ³+HK&KHI%HL0DVFKLQHGUHLKDEHQVLHHWZDVHQWGHFNW(VLVWP|JOLFKGDHV VLFKXPHLQ%UXFKVWFNGHV.ULHJVNDOHQGHUVKDQGHOW6LHZLVVHQHVQRFKQLFKWJHQDX´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lXVFKWKDWWHQ0DQWXQK|UWHLKQIUDJHQ ³:LHGHUQLFKWV"´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
'DV)XQGVWFNZDULQ]ZLVFKHQ]XU6HLWHJHZRUIHQZRUGHQ ³1LFKWV´ HUKLHOW GHU %UHLWVFKXOWULJH ]XU $QWZRUW ³(LQ 6WFN YHUVWHLQHUWHV +RO] 6WDPPWZDKUVFKHLQOLFKYRQHLQHPXQWHUJHJDQJHQHQ6FKLIIDXVGHPDFKW]HKQWHQRGHU QHXQ]HKQWHQ-DKUKXQGHUW´ ,Q GLHVHP $XJHQEOLFN VFKOHXGHUWH 0DQWXQ GLH 6SUHQJNDSVHO %HL GHU =lKLJNHLW GHV :DVVHUV ZDU HLQH QRUPDOH :XUIEHZHJXQJ ZHQLJ QW]H 7LHIVHHWDXFKHU HQWZLFNHOWHQ EHL]HLWHQ HLQH 0HWKRGH VR PLW GHP +DQGJHOHQN ]X VFKQLFNHQ GD GLH IRUWJHVFKOHXGHUWHQ *HJHQVWlQGH DXFK ZLUNOLFK HLQH JHZLVVH 9RUZlUWVJHVFKZLQGLJNHLW HU]LHOWHQXQGQLFKWHLQIDFKLQGLH7LHIHWUXGHOWHQ 'LH.DSVHOEHVFKULHEHLQHQVWHLOHQ%RJHQXQGWDXPHOWHJHQDXDXIGHQ2EHUWHLO GHU 0DVFKLQH ]X 'LH =QGXQJ ZDU DXI ]HKQ 6HNXQGHQ HLQJHVWHOOW 0DQWXQ KLHOW GHQ $WHPDQ'DEOLHEGHU%UHLWVFKXOWULJHGHUVLFKVRHEHQDEZDQGWHVWHKHQXQGZDUIHLQHQ %OLFNLQGLH+|KH(UPXWHGLH.DSVHOXQEHGLQJWJHVHKHQKDEHQ'DQQMHGRFKZDQGWH VLFK&KDUURQZLHGHUDEXQGVFKULWWZHLWHU $XJHQEOLFNHVSlWHUH[SORGLHUWHGLH.DSVHO6LHEHVFKlGLJWHGLH6FKUIPDVFKLQH VRGDVLHQLFKWPHKULQGHU/DJHZDUGDV6FKODPPDWHULDOLQZLUEHOIUHLHP6WUDKOYRQ VLFK ]X VWRHQ ,P 1X EHU]RJ VLFK GHU JDQ]H 6XFKSODW] PLW HLQHU JUDXHQ 6FKODPPZRONHGLHGLH6LFKWELVDXIHLQHQ0HWHURGHUZHQLJHUHLQHQJWH0DQWXQVWLH VLFK YRQ GHU gIIQXQJ DE XQG ODQGHWH XQPLWWHOEDU KLQWHU GHU OlGLHUWHQ 0DVFKLQH ,Q VHLQHP(PSIlQJHUW|QWHGDV*HVFKUHLGHUEHUUDVFKWHQ0lQQHU ³6SLII+LHUKHU´ULHIHU (UEHNDPVRIRUW$QWZRUW ³:RKLQ",FKNDQQGLH+DQGQLFKWYRU$XJHQVHKHQ´ ³$QGLH0DXHU´EHIDKO0DQWXQ³2VWHQGH(VKDWHLQHQGHU/HXWHHUZLVFKW´ ³,FKNRPPH´EHWHXHUWH6SLII 0DQWXQ ZDUWHWH :HQLJH 6HNXQGHQ VSlWHU K|UWH HU HLQHQ GURKHQGHQ EHIHKOHQGHQ6FKUHL ³6SLII´ 'DVZDUGHU%UHLWVFKXOWULJHZHQQHUGLH6WLPPHULFKWLJHUNDQQWH$EHU6SLIIZDU Y|OOLJGXUFKHLQDQGHU ³-DMD´VFKULHHUXQJHGXOGLJ³LFKELQVFKRQXQWHUZHJV´ .XU]H=HLWVSlWHUWDXFKWHGLHNOHLQH*HVWDOWDXVGHPWUEHQ:DVVHUYRULKPDXI 6SLII NRQQWH QLFKW DXVPDFKHQ ZHQ HU YRU VLFK KDWWH 9HUWUDXHQVVHOLJ NDP HU ELV DXI HLQHQ6FKULWWDQ0DQWXQKHUDQ 'D VFKR 0DQWXQ YRUZlUWV 6HLQ HUVWHU *ULII JDOW GHP 5HJHONQRSI GHU DXI GHU OLQNHQ %UXVW GHU 7DXFKHUPRQWXU DQJHEUDFKW ZDU XQG PLW GHVVHQ +LOIH GLH )UHTXHQ] JHZlKOWZXUGHDXIGHUGDV6HQGHXQG(PSIDQJVJHUlWGHU0RQWXUDUEHLWHWH(UGUHKWH GHQ.QRSIELV]XPUHFKWHQ$QVFKODJ'DVVHOEHWDWHUPLWVHLQHPHLJHQHQ*HUlW,P1X HUORVFK GHU :LUUZDUU GHU 6WLPPHQ (V ZXUGH WRWHQVWLOO ELV lXI GDV VFKZHUH $WPHQ GHU EHLGHQ 0lQQHU :DV VLH YRQ QXQ DQ VDJWHQ ZUGH YRQ NHLQHP 8QEHIXJWHQ JHK|UW ZHUGHQ 0DQWXQ]HLJWHGHPYHUGXW]WHQ*HIDQJHQHQGHQ%ODVWHU ³'XNRPPVWPLWPLU)UHXQG´VDJWHHUNDOW (UVDKGXUFKGLH+HOPVFKHLEHZLH6SLIIV0XQGVLFK]XFNHQGEHZHJWHDEHUYRU ODXWHU $QJVW EUDFKWH GHU 0DQQ NHLQHQ 7RQ KHUYRU 0DQWXQ WULHE LKQ YRU VLFK KHU 6LH XPUXQGHWHQ GLH 0DXHU 0DOLWXQ VFKDOWHWH GHQ +RUL]RQWDODQWULHE HLQ XQG SDFNWH VHLQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
2SIHU EHLP .UDJHQ 0LW EHDFKWOLFKHU *HVFKZLQGLJNHLW JOLWWHQ VLH HLQH 6WUDH HQWODQJ XQG VDKHQ QDFK NXU]HU =HLW GLH 6SDFH-HW YRU VLFK DXIWDXFKHQ 'LH 6FKOHXVH VWDQG RIIHQ 'LH 6FKOHXVHQNDPPHU ZDU YROOHU :DVVHU 0DQWXQ GUFNWH GHQ .QRSI GHU GDV lXHUH6FKRWWVFKORXQGGHQODQJVDPHQ'UXFNYHUPLQGHUXQJVYRUJDQJDXVO|VWH'DQQ ULHIHU ³5HLQKHLPHUK|UHQ6LHPLFK"´ ³'HXWOLFK´HUKLHOWHU]XU$QWZRUW ³:LUKDEHQZDVZLUZROOHQ)DKUHQ6LHORV´ (U PHUNWH ZLH GLH 6SDFH-HW VLFK LQ %HZHJXQJ VHW]WH 5LQJVXP EHJDQQ GDV :DVVHU ]X TXLUOHQ DOV GHU 'UXFN GHU DXI GHU 6FKOHXVHQNDPPHU UXKWH DOOPlKOLFK YHUULQJHUW µZXUGH 'HU 'UXFNPLQGHUXQJVSUR]H GDXHUWH XQHUWUlJOLFK ODQJH 9LHO ]X ODQJHIU0DQWXQV8QJHGXOGGHUVRVFKQHOOZLHP|JOLFK]XP.RPPDQGRVWDQGXQGGLH 6WHXHUXQJ GHV )DKU]HXJV VHOEVW EHUQHKPHQ ZROOWH 6FKOLHOLFK EHJDQQ GDV :DVVHU DE]XIOLHHQ $WHPEDUH /XIW HUVHW]WH GLH TXLUOHQGH )OVVLJNHLW 0DQWXQ UL GHQ +HOPYHUVFKOXDXIXQGVFKREVLFKGLH.DSX]HQDFKKLQWHQEHUGLH6FKXOWHUQ 'HU *HIDQJHQH WDW HV LKP QDFK =XP HUVWHQPDO EHNDP 0DQWXQ LKQ ULFKWLJ ]X VHKHQ (U KDWWH YHUVWUREHOWHV JUDXHV +DDU 'LH $XJHQ ZDUHQ NOHLQ XQG VFKZDU] XQG YRQHLQHU%HKHQGLJNHLWGLHDQHLQH0DXVHULQQHUWH(VZlUH0DQWXQZRKOHUJHZHVHQ ZHQQHUGHQ$XVGUXFNGHU$QJVWLQGLHVHQ$XJHQKlWWHVHKHQN|QQHQ$EHU6SLIIKDWWH VLFK YRP HUVWHQ 6FKRFN HUKROW XQG VHLQ 9HUVWDQG VDQQ DXI HLQHQ $XVZHJ DXV GLHVHU PL,LFKHQ/DJH ³*LE GLFK NHLQHQ IDOVFKHQ +RIIQXQJHQ KLQ´ PDKQWH 0DQWXQ E|VH ³(LQH IDOVFKH %HZHJXQJXQGGXELVWJHZHVHQ´ ³+DWMHPDQG6SLIIJHVHKHQ"´EUOOWH&KDUURQDOVHUGLH0DXHUHUUHLFKWH ³,QGLHVHUWUEHQ%UKHNDQQPDQQLFKWHLQPDOVLFKVHOEHUVHKHQ´HUKLHOWHU K|KQLVFK]XU$QWZRUW &KDUURQNRFKWHYRU:XW ³6SLII´ULHIHUQRFKHLQPDOVFKRQRKQH+RIIQXQJXQGGDQQ³+DQJDM"´ ³+LHU&KHI%HL0DVFKLQHIQI´ ³6LHKDEHQ6SLIIJHVFKQDSSW*HK]XHLQHPGHU%RRWHXQGPDFKHVVWDUWEHUHLW´ ³'DVZlUH%RRW1XPPHU]ZHL&KHI´DQWZRUWHWHGHU0RQJROH³'LHEHLGHQ DQGHUQVLQGQLFKWIDKUEHUHLWZHLOGLH%HKlOWHUPLWGHQ)XQGVWFHQEHUDOODXIGHQ *lQJHQµUXPVWHKHQ´ ³$OVRGDQQ%RRW]ZHL´NQXUUWH&KDUURQ³,FKNRPPHDXIGHPVFKQHOOVWHQ:HJ´ (UVWDSIWHGXUFKGHQ0XOP$XVGHQ8QWHUKDOWXQJHQGHU/HXWHHQWQDKPHUGD YLHU7HFKQLNHUGDPLWEHVFKlIWLJWZDUHQGLHEHVFKlGLJWH0DVFKLQHDE]XVFKDOWHQVR GDGLH7UEXQJGHV:DVVHUVVLFKLQHLQLJHU=HLWOHJHQZUGH$EHU&KDUURQNRQQWH QLFKWVRODQJHZDUWHQ:HUDXFKLPPHUHVZDUGHU6SLIIJHVFKQDSSWKDWWHVHLQ )DKU]HXJPXWHLUJHQGZRKLHULQGHU1lKHOLHJHQ(UPXWHVRVFKQHOOZLHP|JOLFK KLQWHUGUHLQRGHUGHU8QEHNDQQWHJLQJLKPGXUFKGLH/DSSHQ :DUXP6SLIIHQWIKUWZRUGHQZDUGDUEHU]HUEUDFKGHU6WLHUQDFNLJHVLFKQLFKW GHQ.RSI(UVHOEVWXQGVHLQH/HXWHKDWWHQ]lKOORVH)HLQGH(LQHUYRQGLHVHQZUGHHV
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
JHZHVHQVHLQ(UZUGHHVHUIDKUHQVREDOGHUGHQ.HUO]ZLVFKHQGHQ)lXVWHQKDWWH (LQILQVWHUHV8QJHKHXHUWDXFKWHDXVGHP0XOPYRULKPDXI0DVFKLQHIQILQ GHUHQ1lKHVLFK+DQJDMDXIJHKDOWHQKDWWH'LH%RRWHODJHQZHLWHUOLQNV(UZDQGWHVLFK LQGLHVH5LFKWXQJ ³:LUVLQGVWDUWEHUHLW´K|UWHHU+DQJDMVDJHQ ³:DUWH,FKELQJOHLFKGD´ 6FKOLHOLFKIDQGHUGLH%RRWH'DVLQGHU0LWWHZDU1XPPHU]ZHL'DV/XNVWDQG RIIHQ(UVFKQHOOWHVLFKGXUFKGLHgIIQXQJXQGZDUWHWHXQJHGXOGLJELVGLH6FKOHXVHGHQ Q|WLJHQ'UXFNDXVJOHLFKYROO]RJHQKDWWH'XUFKHLQHQVFKPDOHQ*DQJVWU]WHHULQGLH 3LORWHQNDPPHU,P/DXIHQ]RJHUVLFKGHQ+HOPYRP.RSI +DQJDMKDWWHGLH2UWXQJVJHUlWHHLQJHVFKDOWHW'LH8PULVVHGHU5XLQHQGHUDOWHQ 6WDGWZDUHQGHXWOLFK]XVHKHQDEHUYRQHLQHPIUHPGHQ)DKU]HXJ]HLJWHVLFKNHLQH 6SXU ³'HU$QJUHLIHUPXVLFKLUJHQGZRLQQ|UGOLFKHU5LFKWXQJYHUERUJHQKDOWHQ´ EHPHUNWH+DQJDMVDFKOLFK³,P6GHQOLHJWRIIHQHV*HOlQGH:LUKlWWHQLKQEHPHUNW ZHQQHUYRQGRUWJHNRPPHQZlUH´ ³$OVRQDFK1RUGHQ´NQXUUWH&KDUURQ +DQJDMVHW]WHGDV%RRWODQJVDPLQ%HZHJXQJ(UOLHHVLQGLH+|KHVWHLJHQELV VLHGLH7UEXQJGHV:DVVHUVXQWHUVLFK]XUFNJHODVVHQKDWWHQXQGGLHRSWLVFKH6LFKW ZLHGHUNODUZXUGH ³'D´VDJWH+DQJDMSO|W]OLFK (UGHXWHWHDXIGHQ2UWHUVFKLUP$PXQWHUHQ5DQGGHU%LOGIOlFKHZDUHLQJUQOLFK VFKLPPHUQGHU)XQNHVLFKWEDUJHZRUGHQGHUVLFKPLWJURHU*HVFKZLQGLJNHLWLQ Q|UGOLFKHU5LFKWXQJEHZHJWH(UVWUHEWHDXIGLHGXQNOH/LQLH]XGLHGLHhEHUUHVWHGHV DOWHQ)OXEHWWHVGDUVWHOOWH'HU)OXKDWWHGLHEHLGHQOHPXULVFKHQ6WlGWHHLQVW YRQHLQDQGHUJHWUHQQW(UYHUOLHILQZHVW|VWOLFKHU5LFKWXQJXQGDQVHLQHPQ|UGOLFKHQ 8IHUKDWWHVLFKHLQHVWDUNH([SHGLWLRQDQJHVLHGHOWGLH&KDUURQLQVJHKHLPLP9HUGDFKW KDWWHQLFKWDXV3ULYDWOHXWHQVRQGHUQDXV([SHUWHQGHU5HJLHUXQJ]XEHVWHKHQ :HQLJVWHQVZLHVHQGLH9LHO]DKOGHU0LWWHOGLHGHU([SHGLWLRQ]XU9HUIJXQJVWDQGHQ XQGGLHVWUDIIH=XFKWXQG2UGQXQJGLHGRUWLP/DJHUKHUUVFKWHQGDUDXIKLQ ³'HU.HUOLVWWLHIXQWHUXQV´EHREDFKWHWHGHU0RQJROH³(UEHZHJWVLFKPLWKRKHU *HVFKZLQGLJNHLWGLFKWEHUGHQ%RGHQ'D²MHW]WLVWHUEHUGHQ)OXKLQEHU,FK P|FKWHGLH/HXWHGRUWDP1RUGXIHUIOXFKHQK|UHQZHQQHULKQHQVRGLFKWEHUGLH .|SIHVWUHLFKW´ ³,KPQDFK´EHIDKO&KDUURQ 'DV%RRWQDKP)DKUWDXI+DQJDMGUFNWHGLH1DVHGHV)DKU]HXJVVFKDUIQDFK XQWHQ(UZlUHOLHEHUDXIGHUXUVSUQJOLFKHQ+|KHJHEOLHEHQZHLOHUGDGXUFKGLH +LQGHUQLVVHYHUPLHGGLHLKPLQ*HVWDOWGHUDOWHQ5XLQHQLQGHQ:HJZXFKVHQ$EHUHU ZXWHGDZHQLJH'XW]HQG.LORPHWHUQ|UGOLFKGHU'RSSHOVWDGWVLFKHLQXQWHUVHHLVFKHV *HELUJHHUKRE(VJDEGRUW7XQQHOVXQG6WROOHQGLHGDV0HHUZDVVHULP/DXIHGHU -DKUWDXVHQGHDXVJHIUHVVHQKDWWHXQGZHQQHUQLFKWDXIJOHLFKHU+|KHPLWGHP 9HUIROJWHQEOLHEZUGHHULKQGRUWXQZHLJHUOLFKYHUOLHUHQ 'DV%RRWMDJWHHLQHJHUDGHEUHLWH6WUDHHQWODQJGLHXQPLWWHOEDU]XP)OXXIHU IKUWH+DQJDMKDWWHGLH6FKHLQZHUIHUHLQJHVFKDOWHW-HQVHLWVGHV)OXEHWWHVVDKHU HLQHGVWHUH:RONHDXV6DQGXQG6FKODPPLQGLH+|KHVWHLJHQGLHGHQ6XFKRUWGHU IUHPGHQ([SHGLWLRQIDVWY|OOLJHLQKOOWH'HU8QEHNDQQWHZDUVRGLFKWEHUGHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
0HHUHVERGHQJHUDVWGDVHLQ6RJGLHOHLFKWHQ6HGLPHQW0DWHULDOLHQDXIJHZLUEHOW KDWWH+DQJDLVFKLFNWHVLFKDQGDV%RRWLQGLH+|KH]X]LHKHQXQGEHUGLH0XOPZRONH KLQZHJ]XVHW]HQ'DHUVFKLHQHQDXIGHP2UWHUVFKLUPQDKH]XJOHLFK]HLWLJGUHL5HIOH[H 6LHVWUHEWHQDXVYHUVFKLHGHQHQ5LFKWXQJHQGHP=HQWUXPGHV6FKLUPHV]X ³:LUEHNRPPHQ%HVXFK´EUXPPWH+DQJDMXQGXQWHUOLHGDVJHSODQWH0DQ|YHU :HQLJH$XJHQEOLFNHVSlWHUHUVFKLHQHQGLHGUHL)DKU]HXJHLP/LFKWNHJHOGHU %RUGVFKHLQZHUIHU(VZDUHQJHGUXQJHQHOLQVHQI|UPLJH%RRWHVSH]LILVFKIUGLH$UEHLW LQGHU7LHIVHHNRQVWUXLHUW ³6LHEHILQGHQVLFKDXIGHP6XFKJHELHWHLQHUDXWRULVLHUWHQ([SHGLWLRQ´GU|KQWH HLQHKDUWH6WLPPHDXVGHP/DXWVSUHFKHU³'UHKHQ6LHVRIRUWDE´ +DQJDMQDKPGDV0LNURSKRQ]XU+DQG6HLQ*HVSUlFKVSDUWQHUYHU]LFKWHWHDXI GLH%LOGEHUWUDJXQJDOVRVDKDXFKHUNHLQHQ$QODGLH.DPHUDVHLQ]XVFKDOWHQ ³:LUYHUIROJHQHLQHQ9HUEUHFKHUDQWZRUWHWHHUNXU]HUKDQG³:LUVDKHQGDHU EHU,KU*HELHWHQWNDP%LWWHHUODXEHQ6LHXQVGLHhEHUTXHUXQJ´ ³$KKLQWHUGHPVLQG6LHKHU´ODFKWHGHUDQGHUHELWWHU³%HUXKLJHQ6LHVLFK'HP KDEHLFKVFKRQHLQSDDUPHLQHUHLJHQHQ)DKU]HXJHKLQWHUKHUJHVFKLFNW(UKDWXQVGHQ %RGHQJUQGOLFKDXIJHZLUEHOW%LVZLUKLHUZLHGHUHWZDVVHKHQN|QQHQYHUJHKHQ]HKQ 6WXQGHQZHQQQLFKWQRFKPHKU´ ³'UIHQZLUEHU,KU*HELHW¶´¶EUDFKWHGHU0RQJROHVHLQH%LWWHLQ(ULQQHUXQJ ³1LFKWQ|WLJ´EHNDPHU]XU$QWZRUW³0HLQH)DKU]HXJHVLQGVFKQHOOHUDOV,KU %RRW:HQQZLUPLWGHP.HUOIHUWLJVLQGN|QQHQ6LHLKQKDEHQ¶ 'DVZDUHLQHGHXWOLFKH$EOHKQXQJ+DQJDMZDUI&KDUURQHLQHQIUDJHQGHQ%OLFN ]X'HU6WLHUQDFNLJHZDUZWHQGGDVVDKPDQLKPDQ(UPDFKWHHLQH+DQGEHZHJXQJ GLHDQGHXWHWHGDHUGLH6XFKHWURW]GHPIRUWVHW]HQZROOH ³(VWXWPLUOHLGGD6LHVRZHQLJNRRSHUDWLYVLQG´VDJWH+DQJDM³:LUZHUGHQGLH 9HUIROJXQJQLFKWDXIJHEHQ'DGXUFKGDZLU,KU*HELHWXPJHKHQPVVHQYHUOLHUHQZLU ZHUWYROOH0LQXWHQ´ (UKLHEDXIGLH6HQGHWDVWHXQGVFKDOWHWHGDV*HUlWDXV:HQLJH6HNXQGHQ VSlWHUYROOIKUWHGDV%RRWHLQH9LHUWHOZHQGXQJXQGVFKRVHLWZlUWVGDYRQ(LQLJH .LORPHWHUVSlWHUJLQJGHU0RQJROHYRQQHXHPDXI1RUGNXUV'HU2UWHUVFKLUP]HLJWHLQ QRUGZHVWOLFKHU5LFKWXQJHLQEXQWHV*HZLPPHOYRQ5HIOH[HQ'DVZDUHQGLH /LQVHQERRWHGLHGHQ8QEHNDQQWHQYHUIROJWHQXQGHLQHUGDYRQPRFKWHGDV%RRWGHV 8QEHNDQQWHQVHOEVWVHLQ&KDUURQIOXFKWHE|VH ³:DVMHW]W"´ZROOWHHUYRQ+DQJDMZLVVHQ ³,FKVFKODJHYRUZLUIROJHQLQJHK|ULJHP$EVWDQGGDPLWZLUGLH/DJHEHVVHU EHUVFKDXHQN|QQHQ´VDJWHGHU0RQJROH³1DFKPHLQHU$QVLFKWZLUGVLFKGHU9HUIROJWH EDOGYRQGHQ9HUIROJHUQDEVRQGHUQ6REDOGZLUZLVVHQZHUHULVWVHW]HQZLULKPQDFK´ &KDUURQJDEVLFKJUROOHQGGDPLW]XIULHGHQ
0DQWXQ KDWWH GHQ *HIDQJHQHQ GXUFK HLQH OHLFKWH 6FKRFNVDOYH EHWlXEW (UVW GDQQ QDKP HU VLFK =HLW VLFK XP GLH )KUXQJ GHV )DKU]HXJV ]X NPPHUQ 'U 5HLQKHLPHU VD LP 6HVVHO GHV 3LORWHQ XQG KDQWLHUWH PLW GHQ )DKUWLQVWUXPHQWHQ DOV KlWWH HU VHLQ JDQ]HV /HEHQ ODQJ QLFKWV DQGHUHV JHWDQ ,Q GHU 5LFKWXQJ DXV GHU GLH 6SDFH-HW NDP ZDU DXI GHP 3DQRUDPDVFKLUP HLQH ULHVLJH 'XQVWZRONH ]X VHKHQ GLH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
YRQNUlIWLJHQ/DPSHQHLJHQDUWLJGXUFKOHXFKWHWZXUGH ³:LHWLHIVLQG6LHEHUGLH([SHGLWLRQKLQZHJJHIORJHQ"´IUDJWH0DQWXQ ³2K YLHU RGHU IQI 0HWHU ZHUGHQ HV VFKRQ JHZHVHQ VHLQ´ DQWZRUWHWH GHU $UFKlRORJHIU|KOLFK ³+DWPDQ6LHQLFKWDQ]XKDOWHQYHUVXFKW"´ 5HLQKHLPHU]XFNWHPLWGHQ6FKXOWHUQ ³,FKKDEHQLFKWVGDYRQEHPHUNW´ 0DQWXQ WUDW DQ VHLQH 6HLWH 0LW HLQHP %OLFN HUNDQQWH HU GD GLH 6HQGH XQG (PSIDQJVDQODJHQLFKWHLQJHVFKDOWHWZDU ³=XPLQGHVW JHK|UW KDEHQ 6LH QLFKWV´ EHPHUNWH HU ELVVLJ XQG GUFNWH DXI GHQ 6FKDOWNQRSI ,P1XZDUGHUNOHLQH.RPPDQGRVWDQGYRQZLOGHP6WLPPHQJHZLUUHUIOOW%HIHKOH JHOOWHQ DXV GHP /DXWVSUHFKHU 9ROO]XJVPHOGXQJHQ DQZRUWHWHQ 'DV /DJHU GHU ([SHGLWLRQEHIDQGVLFKLQKHOOHP$XIUXKU 0DQWXQ]ZlQJWHVLFKLQGHQ6LW]GHV.RSLORWHQ ³,FK EHUQHKPH´ VDJWH HU ]X 5HLQKHLPHU ³6LH NPPHUQ VLFK XP GHQ *HIDQJHQHQ´ 'LH0XOPZRONHODJHWZDGUHL.LORPHWHU]XUFN'LH6SDFH-HWEHZHJWHVLFKPLW +|FKVWJHVFKZLQGLJNHLW 5HLQKHLPHU KDWWH HV IU DQJHPHVVHQ JHKDOWHQ VHLW GHP hEHUTXHUHQ GHV ([SHGLWLRQVODJHUV HLQHQ JU|HUHQ %RGHQDEVWDQG ]X KDOWHQ $XI GHP 2UWHUVFKLUPHUVFKLHQHQEHZHJOLFKH5HIOH[H6LHVFKZlUPWHQ]XQl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lKHUQG VR JXW ZHQLJVWHQV ZLH 0DQWXQ GHU KLHU VFKRQ YLHOH ([SHGLWLRQHQ JHOHLWHW KDWWH 1XU ZHQLJH 0LQXWHQ )DKU]HLW YRUDXV KRE VLFK GLH5RWXPD,QVHOJUXSSHDXVGHP0HHU6LHZDUYXONDQLVFKHQ8UVSUXQJV8PGLH%DVLV GHU ,QVHO KHUXP JUXSSLHUWHQ VLFK GLH *LSIHO 6FKUQGH XQG 6FKOXFKWHQ HLQHV XQWHUVHHLVFKHQ*HELUJHV0DQWXQNDQQWHGLHVHV*HELUJHZLHHLQDQGHUHUGLH6WUDHQ XQG 3OlW]H VHLQHU +HLPDWVWDGW NHQQW :HQQ HV LKP JHODQJ GDV %HUJJHZLUU ]X HUUHLFKHQ EHYRU GLH YHUIROJHQGHQ )DKU]HXJH LKQ HLQJHVFKORVVHQ KDWWHQ GDQQ ZDU HU JHUHWWHW (U KROWH GDV OHW]WH DXV GHP 7ULHEZHUN KHUDXV ,PPHU ZHLWHU VFKREHQ VLFK GLH )OLQNHQ GHU YHUIROJHQGHQ )URQW QDFK YRUQH 'LH YRUGHUVWHQ )DKU]HXJH EHIDQGHQ VLFK QDKH]XDXIJOHLFKHU+|KHPLWGHU6SDFH-HW-HW]WEHJDQQDXFKGDV=HQWUXPGHU)URQW DXI]XVFKOLHHQ1RFKIQIRGHUVHFKV0LQXWHQGDQQKDWWHVLFKGHU.UHLVJHVFKORVVHQ XQGGLH-DJGZDUYRUEHL 0DQWXQ DWPHWH HUOHLFKWHUW DXI DOV HU VFKOLHOLFK GLH 8PULVVH GHU HUVWHQ (UKHEXQJHQ DXI GHP 2UWHUVFKLUP DXIWDXFKHQ VDK (U EHZHJWH VLFK LQ DQQlKHUQG
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
QHXQKXQGHUW 0HWHUQ %RGHQDEVWDQG 'LH 9HUIROJHU IXKUHQ HLQ ZHQLJ EHUK|KW HWZD HOIKXQGHUW0HWHUEHUGHP7LHIVHHERGHQ(LQ]HOQH*LSIHOGHV*HELUJHVUHLFKWHQELVLQ GLHVH +|KH $XI HLQHQ GDYRQ KDWWH 0DQWXQ HV DEJHVHKHQ 9RUDE WDXFKWH HU DXI GHP 2UWHUVFKLUP DXI HLQH ULHVLJH GURKHQGH )HOVVSLW]H GLH QRFK EHU GLH .XUVHEHQH GHV 9HUIROJWHQKLQDXVUHLFKWH 'HU .UHLV XP GLH IOLHKHQGH 6SDFH-HW KDWWH VLFK XP HLQ +DDU JHVFKORVVHQ GD VWULFK GDV NOHLQH )DKU]HXJ VHLWZlUWV DQ GHU VWHLO DXIVWUHEHQGHQ )ODQNH GHV XQWHUVHHLVFKHQ%HUJHVYRUEHL'DSROWH0DQWXQGHQ7ULHEZHUNVVHNWRUXPXQGVFKDOWHWH DXIK|FKVWH%UHPVEHVFKOHXQLJXQJ$XINDXPPHKUDOVKXQGHUW0HWHUNDPGLH6SDFH -HW]XP+DOWHQGDQQEHJDQQVLHVLFKUFNZlUWV]XEHZHJHQ0DQWXQPDQ|YULHUWHVR GLFKWZLHHUVLFKWUDXWHDQGLH)HOVZDQGKHUDQ'DQQVWHOOWHHUGDV)DKU]HXJDXIGLH .DQWH XQG WULHE HV PLW KRKHU %HVFKOHXQLJXQJ QDFK XQWHQ :HLWHUH *LSIHO NDPHQ LQ 6LFKW 7LHI HLQJHVFKQLWWHQH 6FKOXFKWHQ WUHQQWHQ GLH IHOVLJHQ NRUDOOHQEHUZXFKHUWHQ %HUJH YRQHLQDQGHU 0DQWXQ KDWWH ELV YRU NXU]HP GLH ,QIUDURWVFKHLQZHUIHU DNWLYLHUW JHKDEW -HW]W VFKDOWHWH HU VLH DXV (V ZDU DQ]XQHKPHQ GD GLH 9HUIROJHU PLW ,QIUDURWVXFKHUQ DUEHLWHWHQ XQG LP $XJHQEOLFN NDP HV GDUDXI DQ LKQHQ VR ZHQLJ +LQZHLVHZLHP|JOLFK]XOLHIHUQ 7LHIHUXQGWLHIHUGUDQJGLH6SDFH-HWLQGDV*HZLUUGHUXQWHUVHHLVFKHQ%HUJZHOW HLQ'HU2UWHU]HLJWHGLHEL]DUUHQ)RUPHQGHU)HOVHQGLHGDV0HHULP/DXIHGHUbRQHQ JHVFKDIIHQ KDWWH 'LH DXIVWUHEHQGHQ %HUJPDVVHQ EHJDQQHQ GHQ 2UWHUKRUL]RQW HLQ]XHQJHQQXUQRFKHLQ7HLOGHU9HUIROJHUIORWWHZDU]XVHKHQ0DQWXQHUNDQQWHGD VLFK GRUW REHQ 9HUZLUUXQJ HLQJHVWHOOW KDWWH 'LH .UHLVIRUPDWLRQ ZDU DXVHLQDQGHUJHEURFKHQ 'LH %RRWH VFKZLUUWHQ ]LHOORV KLQ XQG KHU 0DQ KDWWH GLH 6SXU GHU6SDFH-HWYHUORUHQ'LH%HUJHKDWWHQGHQ2UWHUUHIOH[YHUVFKOXFNW0DQWXQQDKPDQ GD PDQ GRUW REHQ EDOG GD]X EHUJHKHQ ZUGH QDFK GHQ 6WUHXVWUDKOXQJHQ VHLQHV 7ULHEZHUNV]XWDVWHQ%HYRUGLH*HUlWHMXVWLHUWZDUHQPXWHHUGDV=LHOHUUHLFKWKDEHQ 'LH6SDFH-HWEHZHJWHVLFKPLWJHULQJHU)DKUWGXUFKHLQHHQJH6FKOXFKW,PPHU PHKU VFKLHQHQ VLFK GLH 6FKOXFKWZlQGH JHJHQHLQDQGHU ]X QHLJHQ ELV VLH VFKOLHOLFK HLQDQGHU EHUKUWHQ $XV GHU 6FKOXFKW ZDU HLQ 7XQQHO JHZRUGHQ GHU VLFK PHKUHUH KXQGHUW0HWHUZHLWGXUFKGDVXQWHUVHHLVFKH*HVWHLQ]RJ'HU2UWHU]HLJWHGDHVDXI GHUDQGHUHQ6HLWHHLQHQ]ZHLWHQ$XVJDQJJDE'DVZDUZLFKWLJGHQQVRQVWKlWWHGDV 9HUVWHFN XQWHU 8PVWlQGHQ ]X HLQHU )DOOH ZHUGHQ N|QQHQ 0DQWXQ VFKDOWHWH GDV 7ULHEZHUN DE XQG GDV 6\VWHP GHU .RQWUROO XQG 6WHXHUJHUlWH DXV 6HOEVW GLH %HOHXFKWXQJO|VFKWHHUXQGOLHQXUHLQSDDUWUEH1RWODPSHQEUHQQHQ'LH6SDFH-HW ZDUHQHUJHWLVFKWRW'DVXQGGLH+XQGHUWHYRQ0HWHUQ)HOVGLHGHQ7XQQHOEHGHFNWHQ ZDUDXVUHLFKHQGXPGDVNOHLQH)DKU]HXJZLUNVDPYRU(QWGHFNXQJ]XVFKW]HQ 0DQWXQ VFKQDOOWH VLFK ORV ,P +LQWHUJUXQG GHV .RPPDQGRVWDQGHV KRFNWH 5HLQKHLPHU XQG KLHOW GHQ /DXI HLQHU 6FKRFNZDIIH DXI GHQ *HIDQJHQHQ JHULFKWHW GHU LQ]ZLVFKHQZLHGHU]XVLFKJHNRPPHQZDU ³6R´VDJWH0DQWXQHQWVFKORVVHQ³MHW]WZROOHQZLUPDOVHKHQZDVXQVHU)UHXQG DOOHVZHL´ (VZDUXQP|JOLFKDXVGHP*HZLUUGHU5HIOH[SXQNWH]XHUNHQQHQZRGHU)HLQG XQGZRGLH9HUIROJHUZDUHQ(LQH=HLWODQJKDWWH+DQJDM]XHUNHQQHQJHJODXEWGDVLFK HLQ .UHLV ]X ELOGHQ EHJDQQ LQ GHVVHQ =HQWUXP VLFK HLQ HLQ]HOQHV )DKU]HXJ EHZHJWH 'DV HLQ]HOQH %RRW PXWH GHU 9HUIROJWH VHLQ $EHU EDOG GDUDXI EUDFK GLHVH EHUVLFKWOLFKH2UGQXQJZLHGHU]XVDPPHQ,QGHU1lKHGHUXQWHUVHHLVFKHQ%HUJHGLH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
GHP 5RWXPD.RPSOH[ YRUJHODJHUW ZDUHQ YHUVFKZDQG GHU 5HIOH[ GHV 9HUIROJWHQ SO|W]OLFKXQGGLH.UHLVIRUPDWLRQ]HUEUDFK &KDUURQV =RUQ ZXFKV YRQ 0LQXWH ]X 0LQXWH ,Q GLHVHP =XVWDQG ZDU HU XQEHUHFKHQEDU +DQJDM KWHWH VLFK HLQ 0DQ|YHU ]X IOLHJHQ RKQH YRUKHU VHLQH =XVWLPPXQJHLQJHKROW]XKDEHQ(UNDPVLFKYRUDOVVlHHUDXIHLQHP3XOYHUID 'LH9HUZLUUXQJGHU9HUIROJHUGDXHUWHPHKUHUH0LQXWHQ'DQQIRUPLHUWHVLFKGHU 9HUEDQGGHU6FKHLEHQERRWHYRQQHXHPXQGJLQJ²DXI5FNZlUWVNXUV&KDUURQIOXFKWH ³:DVIlOOWGHQHQHLQ*HEHQVLHVROHLFKWDXI"´ ³$QVFKHLQHQG VLQG LKQHQ DQGHUH 'LQJH ZLFKWLJHU´ PHLQWH +DQJDM VFKXOWHU]XFNHQG ³(V LVW LKQHQ MD ZHLWHU QLFKWV SDVVLHUW DOV GD LKQHQ MHPDQG GHQ 6FKODPPDXIJHZLUEHOWKDW´ ³6FKZHLQHKXQGH´VFKULH&KDUURQZXWHQWEUDQQW³(UVWKDEHQVLHHLQJURHV0DXO XQG GDQQ ]LHKHQ VLH GHQ 6FKZDQ] HLQ RKQH VLFK DXFK QXU HLQHQ )XQNHQ 0KH JHJHEHQ]XKDEHQ´ ³:LUN|QQHQLPPHUQRFKDXIHLJHQH)DXVWVXFKHQ&KHI´YHUVXFKWHGHU0RQJROH LKQ]XEHVlQIWLJHQ ³'DVZHUGHQZLU´ULHI&KDUURQ +DQJDM KDWWH QLFKW ZLUNOLFK JHJODXEW GD HU DXI VHLQHQ 9RUVFKODJ HLQJHKHQ ZUGH:HQQGLHVFKQLWWLJHQ%RRWHGHUIUHPGHQ([SHGLWLRQGHP8QEHNDQQWHQQLFKWDXI GHQ)HUVHQKDWWHQEOHLEHQN|QQHQZHOFKH$XVVLFKWKDWWHQGDQQVLHPLWLKUHP%RRW" $EHU HU KDWWH GHQ 9RUVFKODJ QXQ HLQPDO JHPDFKW XQG &KDUURQ ZDU GDUDXI HLQJHJDQJHQ (U ULFKWHWH GHQ %XJ GHV %RRWHV QDFK XQWHQ XQG VWHXHUWH GDV XQWHUVHHLVFKH*HELUJHDQ ³:DUXPVLHHVZRKODXI6SLIIDEJHVHKHQKDEHQ"´IUDJWHHUZlKUHQGHUDXIGHP 2UWHUVFKLUP GDV *HZLUU GHU %HUJH XQG 6FKOXFKWHQ QDFK HLQHU EUDXFKEDUHQ (LQIDKUW DEVXFKWH ³:DV ZHL LFK *HKW PLFK QLFKWV DQ +DXSWVDFKH LFK EHNRPPH VLH ]X IDVVHQ´ (UODFKWHJULPPLJ³8QGGDQQVROOLKQHQGDV.LGQDSSHQHLQIUDOOHPDOYHUJHKHQ´ +DQJDMIDQGGLHVH(LQVWHOOXQJW|ULFKWDEHUHUVDJWHQLFKWV:HQQPDQGDV0RWLY GHV*HJQHUVNDQQWHZXUGHGLH9HUIROJXQJOHLFKWHU'DV0RWLYOLHIHUWHZRP|JOLFKHLQHQ +LQZHLVDXIGDVQlFKVWH=LHOGHV8QEHNDQQWHQ +DQJDM IDQG VFKOLHOLFK HLQH (LQIDKUW GLH GDV %RRW LQV =HQWUXP GHV XQWHUVHHLVFKHQ *HELUJVVWRFNV EUDFKWH ,Q GHU 1lKH UDJWH GHU ULHVLJH %HUJ DXI LQ GHVVHQ 1lKH GDV )DKU]HXJ GHV 8QEHNDQQWHQ ]XP OHW]WHQPDO JHVHKHQ ZRUGHQ ZDU +DQJDMVFKDOWHWHGLH2UWHUXQG7DVWHUHUQHXWHLQ8QHUPGOLFKODVHUGLH$Q]HLJHQDE DGMXVWLHUWH GHQ .UHLVODXI GHU $QWHQQHQ YRQ QHXHP ODV ZLHGHU DE XQG NDOLEULHUWH 'DV (UJHEQLVZDUJOHLFKQXOO ³(V KDW NHLQHQ =ZHFN &KHI´ VDJWH HU VFKOLHOLFK ³,FK NDQQ GHQ .HUO QLFKW DXVILQGLJPDFKHQ´ ³(UPXLUJHQGZRKLHULQGHU1lKHVHLQ´NQXUUWHGHU6WLHUQDFNLJH³:LUEOHLEHQ KLHUXQGZDUWHQ´
6SLIIZDU]lKDEHUVFKOLHOLFKEUDFKHUGRFK]XVDPPHQ ³,FKVDJHDOOHV´VFKULHHU³,FKVDJHDOOHVQXUK|UPLWGHU4XlOHUHLDXI´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
0DQWXQ GHVDNWLYLHUWH GDV SULPLWLYH 6\VWHP YRQ (OHNWURGHQ GDV HU VLFK IU GHQ =ZHFNGHV9HUK|UVLQDOOHU(LOH]XVDPPHQJHEDVWHOWKDWWH ³:RLVW$UQYLOO"´ ³,FKZHLQLFKWZRHUVLFKLP$XJHQEOLFNEHILQGHW´VSUXGHOWH6SLIIKDVWLJKHUYRU ³DEHU DOV LFK LKQ ]XP OHW]WHQ 0DO VDK ZXUGH HU LQ HLQHU GHU 6FKOHXVHQ GHU %LJ)LVK &RPSDQ\ JHUDGH LQ HLQHQ GHIHNWHQ 7DXFKHUDQ]XJ JHSDW XQG ]XP $XVVWR IHUWLJ JHPDFKW´ ³:ROLHJWGLH%LJ)LVK&RPSDQ\XQGZHPJHK|UWVLH"´ZROOWH0DQWXQZLVVHQ ³3RUW 'RXJODV´ DQWZRUWHWH 6SLII UDVFK ³(LQ NOHLQHU 2UW Q|UGOLFK DXHUKDOE YRQ &DLUQVDQGHUQRUGRVWDXVWUDWLVFKHQ.VWH6LHJHK|UWGHP*UDXHQ´ ³:HULVWGHU*UDXH"´ ³(LQ 0RQVWUXP´ EHKDXSWHWH 6SLII XQG VFKWWHOWH VLFK ³,FK KDEH LKQ QXU HLQPDO JHVHKHQXQGKDEHNHLQH6HKQVXFKWQDFKHLQHU]ZHLWHQ%HJHJQXQJ$EHUHULVWXQVHU &KHI´ ³'HU$Q]XJZDUGHIHNWVDJVWGX"´ ³-D´ ³,QZHOFKHU+LQVLFKW´ ³'LH%HZHJXQJVPHFKDQLVPHQIXQNWLRQLHUWHQQLFKW´ ³$UQYLOOZXUGHDOVRYRQGHU6WU|PXQJJHWULHEHQ+DWWHHUJHQXJ$WHPOXIW"´ ³'DVZHLLFKQLFKW´DQWZRUWHWH6SLII(UHULQQHUWHVLFKJHK|UW]XKDEHQGDGLH 7DQNV QXU IU HLQH 6WXQGH /XIW HQWKLHOWHQ DEHU GDV ZROOWH HU VHLQHP 3HLQLJHU QLFKW VDJHQ(UKDWWH$QJVWYRUVHLQHU5DFKH 0DQWXQ OLH VLFK HLQH %HVFKUHLEXQJ GHU $QODJH GHU %LJ)LVK &RPSDQ\ JHEHQ 6LHZDUlKQOLFKEHVFKDIIHQZLHGLHYLHOHUDQGHUHU*HVHOOVFKDIWHQGLHGLH)LVFK]XFKWLQ JURHP 0DVWDE EHWULHEHQ 'LH HLQ]HOQHQ )LVFKWDQNV ZXUGHQ YRQ HQHUJHWLVFKHQ )HOGHUQDEJHJUHQ]WXQGKDWWHQWHLOZHLVHHLQ9ROXPHQYRQPHKUHUHQ.XELNNLORPHWHUQ,Q GLHVHQ 7DQNV VRUJWHQ DXWRPDWLVFKH )WWHUXQJVDQODJHQ XQG :DFKURERWHU GD GLH $XI]XFKWGHV0HHUHVJHWLHUVSODQPlLJYHUOLHI.RQWUROOHXQG$XIHQWKDOWVUlXPHIUGDV 3HUVRQDOGHV8QWHUQHKPHQVZDUHQXQWHUVHHLVFKLQGLH.VWHHLQJHEDXW%DWWHULHQYRQ /DVW XQG 3HUVRQHQDXI]JHQ EHVRUJWHQ GLH 9HUELQGXQJ PLW GHU 2EHUZHOW ZR VLFK GLH )LVFKYHUDUEHLWXQJVDQODJHQEHIDQGHQ 0DQWXQVFKQUWHGHQ*HIDQJHQHQVR]XVDPPHQGDHUVLFKQLFKWPHKUUKUHQ NRQQWHXQGVFKDIIWHLKQLQGHQ9HUVFKODJLQGHPHU5HLQKHLPHUDXIEHZDKUWKDWWHDOV HULKQQRFKIUWRWKLHOW'DQQHUNOlUWHHUGHP$UFKlRORJHQZDVHUHUIDKUHQKDWWH ³'DVLVWJQVWLJ´VDJWH5HLQKHLPHUVRIRUW³'LH7DQNVGHU%LJ)LVKOLHJHQLQGHU 7LHIVHH]XQJH GLH VLFK DXI GHU +|KH YRQ &RRNVWRZQ ELV DXI ZHQLJH .LORPHWHU DQ GDV *URH .RUDOOHQULII KHUDQ HUVWUHFNW 'RUW KHUUVFKHQ HLQGHXWLJH 6WU|PXQJVYHUKlOWQLVVH 'D$UQYLOOV0RQWXUGHIHNWLVWEOHLEWLKPQLFKWVDQGHUHVEULJDOVVLFKPLWGHU6WU|PXQJ WUHLEHQ ]X ODVVHQ :LU PVVHQ QXU DQQlKHUQG HUIDKUHQ DQ ZHOFKHU 6WHOOH HU DXVJHVWRHQ ZRUGHQ LVW GDQQ KDEHQ ZLU HLQH JXWH &KDQFH LKQ ]X ILQGHQ %HGHQNHQ 6LHGDHUDQKDQGGHV%ODVHQVWURPVGHQVHLQH0RQWXUDXVVW|WDXI]LHPOLFKJURH (QWIHUQXQJ]XRUWHQLVW´ ³8QGZHQQNHLQH%ODVHQPHKUDXVVWU|PHQ"´IUDJWH0DQWXQ ³'DQQ LVW HU WRW XQG ZLU EUDXFKHQ QLFKW PHKU QDFK LKP ]X VXFKHQ´ DQWZRUWHWH GHU$UFKlRORJH 'LH6SDFH-HWJLQJYRQQHXHPDXI)DKUW0DQWXQGLULJLHUWHGDV)DKU]HXJGXUFK
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
GLHDQGHUH2IIQXQJGHV7XQQHOV$OVHUDQHLQHUVWHLOHQ)HOVZDQGHQWODQJYRUVLFKWLJLQ GLH+|KHVWLHJEHPHUNWHHUGDGLH9HUIROJHUVLFKLQ]ZLVFKHQ]XUFNJH]RJHQKDWWHQ 'LHVH (UNHQQWQLV HUOHLFKWHUWH LKQ VR GD HU XP HLQ +DDU HLQH 8QYRUVLFKWLJNHLW EHJDQJHQKlWWH'LH6SDFH-HWWULHEODQJVDPEHUHLQH)HOVNDQWHKLQDXVXQG0DQWXQ ZDU JHUDGH LP %HJULII GDV 7ULHEZHUN DXI 9ROODVW ]X VFKDOWHQ DOV HU SO|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lJHOQ EUDQQWH OLH HU GLH 6SDFH-HWVLFKGXUFKGLHWLHIHLQJHVFKQLWWHQHQ6FKOXFKWHQZLQGHQ]XHUVWLQQ|UGOLFKHU GDQQLQQRUG|VWOLFKHUXQGVFKOLHOLFKLQ|VWOLFKHU5LFKWXQJ6LHKDWWHQGDVXQWHUVHHLVFKH *HELUJH OlQJVW KLQWHU VLFK JHODVVHQ XQG EHZHJWHQ VLFK GXUFK GDV QLFKW PLQGHU ]HUNOIWHWH %DVLVJHELHW GHV 5RWXPD,QVHONRPSOH[HV (UVW ZHLW QRUG|VWOLFK GHU ,QVHOQ JHWUDXWHVLFK0DQWXQDXI$XVWUDOLHQNXUV]XJHKHQXQGGDV7ULHEZHUNYROO]XEHODVWHQ 8P GLHVH =HLW ZDU HU YRQ GHP DKQXQJVORVHQ 9HUIROJHU VFKRQ PHKU DOV ]ZHLKXQGHUW .LORPHWHUHQWIHUQWXQGMHGH*HIDKUHLQHUZHLWHUHQ9HUIROJXQJVFKLHQDXVJHVFKORVVHQ 'XUFKGDVEHKXWVDPH0DQ|YULHUHQKDWWHHUPHKUDOVHLQH6WXQGHYHUORUHQ(UEHPKWH VLFK VLH ZHWW]XPDFKHQ LQGHP HU GDV 7ULHEZHUN ELV ]XU *UHQ]H GHU %HODVWEDUNHLW EHDQVSUXFKWH
'DVZDUGDV(QGH 'LH /XIW NDP QXU QRFK VWRFNHQG $E XQG ]X EOXEEHUWH HV LP (LQODYHQWLO HLQ GHXWOLFKHV =HLFKHQ GD GHU 7DQN NDXP PHKU 'UXFN KDWWH 'HU QHXH 7DJ ZDU DQJHEURFKHQ (V ZDU KHOOHU ULQJV XP %DJJR $UQYLOO DOV HU HV ELV MHW]W DXI VHLQHU XQWHUVHHLVFKHQ,UUIDKUW]XVHKHQEHNRPPHQKDWWH'LH2EHUIOlFKHGHV0HHUHVNRQQWH NDXPPHKUHLQKXQGHUW0HWHUHQWIHUQWVHLQ²KRIIQXQJVORVHHLQKXQGHUW0HWHUGLHHUEHL GHU6FKZHUHGHU0RQWXUDXVHLJHQHU.UDIWXQP|JOLFKEHZlOWLJHQNRQQWH 'HU*HGDQNHDQGHQ7RGKDWWHLKQ]XQlFKVWEHXQUXKLJW(UKDWWHGDV9HQWLOHLQ ZHQLJ ]XJHGUHKW XP GHQ /XIW]XIOX ]X YHUULQJHUQ XQG GHQ $XJHQEOLFN GHU (QWVFKHLGXQJ ZHLWHU KLQDXV]X]|JHUQ 'DGXUFK HU]LHOWH HU HLQHQ DQJHQHKPHQ 1HEHQHIIHNW PLW GHP HU HLJHQWOLFK QLFKW JHUHFKQHW KDWWH 'HP .|USHU EHJDQQ HV DQ 6DXHUVWRII]XPDQJHOQHUZXUGHPGHXQHQGOLFKPGH'LH$QJVWYHUORUVLFK 2KQH]XYHUDUEHLWHQZDVHUVDKEHREDFKWHWHHUGDVEXQWH/HEHQGHU6HHGDV LKQXPJDE'HU)HOVDXIGHPHUKRFNWHZDUYRQEXQWHQ.RUDOOHQEHUZXFKHUW5LHVLJH 6FKXOHQ JUHOO JHIlUEWHU )LVFKH WULHEHQ VLFK LQ GHQ 6FKUQGHQ GHU VWHLO DQVWHLJHQGHQ :DQG KHUXP (V ZDU HLQH VFK|QH :HOW GHUHQ )DUEHQUHLFKWXP EHU GLH *HIDKUHQ KLQZHJWlXVFKWH GLH LQ LKU ODXHUWHQ ,PPHU VFKOlIULJHU ZXUGH %DJJR $UQYLOO (LQPDO VFKOR HU GLH $XJHQ XQG VFKOLHI WDWVlFKOLFK HLQ $EHU HU YHUORU GHQ +DOWDQ GHU )HOVNDQWHDXIGHUHUVD'LH6WU|PXQJZROOWHLKQPLWVLFKWUDJHQXQGGLHXQJHZRKQWH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
%HZHJXQJZHFNWHLKQZLHGHUDXI 'DV %HZXWVHLQ HUVFKODIIWH UDVFK 'HU )OX GHU *HGDQNHQ ZXUGH LPPHU ODQJVDPHUZLHGHU*DQJHLQHUDOWHQ8KULQGHQOHW]WHQ6HNXQGHQYRUGHUHQGJOWLJHQ (QWVSDQQXQJGHU8KUZHUNVIHGHU:DVZDUGDVIUHLQPHUNZUGLJHV*HELOGHGDVGXUFK GLH +HOPVFKHLEH JORW]WH" (LQ QHXJLHULJHU )LVFK :DV ZDU GDV IU HLQ 5LHVHQGLQJ GDV VLFKGRUWGXUFKV:DVVHUVFKRE"$XFKHLQ)LVFK"1HLQHLQ)HOVHQ (LQ)HOVHQGHUVLFKGXUFKV:DVVHUVFKRE"6RWUlJHZDUGDV*HKLUQQXQDXFK ZLHGHU QLFKW GD HV GLH 8QVLQQLJNHLW GLHVHU 9RUVWHOOXQJ QLFKW HUNDQQW KlWWH 0DWWH 1HXJLHUGHHUZDFKWH:RZDUGHU)HOVHQ"'RUWGUEHQ(UZDUYRQUHJHOPlLJHU)RUP HLQ 'LQJ GDV DXVVDK ZLH ]ZHL IODFKH 7HOOHU GLH PLW GHQ 5lQGHUQ DXIHLQDQGHUJHVWOSW ZRUGHQ ZDUHQ HLQH 6LOKRXHWWH PLW GHU %DJJR $UQYLOO XQJHZLVVH (ULQQHUXQJHQ YHUEDQGHQ:RKDWWHHUHLQVROFKHV*HELOGH]XYRUJHVHKHQ":DVEHGHXWHWHHVLKP" 6SDFH-HW 'HU*HGDQNHVFKRLKPZLHHLQ]QGHQGHU%OLW]GXUFKV*HKLUQ(UULGLH$XJHQ DXI'DV'LQJGDVHU]XHUVWIUHLQHQ)HOVHQJHKDOWHQKDWWHZDUJDQ]QDK(VJOLWW]XU +lOIWHDQLKPYRUEHLGDQQKLHOWHVDQ(LQH.ODSSH|IIQHWHVLFKHLQ/XN(LQ0HQVFKLQ HLQHKHOOJUDXH7DXFKHUNRPELQDWLRQJHKOOWNDP]XP9RUVFKHLQVWLHVLFKDEXQGWULHE DXI GHQ )HOVHQ ]X *DQ] QDKH NDP HU DQ $UQYLOO KHUDQ ELV VHLQ +HOP $UQYLOOV +HOP EHUKUWH 0DQWXQJXWHUDOWHU0DQWXQ 1DFK VHFKVVWQGLJHU 6XFKH JDE DXFK &KDUURQ DXI 6LH KDWWHQ DXFK QLFKW GLH $QGHXWXQJHLQHU6SXUGHVXQEHNDQQWHQ.LGQDSSHUVJHIXQGHQXQGPLWWOHUZHLOHZDUHV GHP6WLHUQDNNLJHQ]X%HZXWVHLQJHNRPPHQGDHUEHUGHU9HUELVVHQKHLWPLWGHUHU GLH9HUIROJXQJEHWULHEDQGHUH3IOLFKWHQYHUQDFKOlVVLJWH(VZDU=HLWGDHU]XVHLQHU ([SHGLWLRQ ]XUFNNHKUWH =XYRU MHGRFK PXWH HU GDV +DXSWTXDUWLHU EHU GHQ XQDQJHQHKPHQ9RUIDOOXQWHUULFKWHQ (UKDWWHHUZDUWHWGDPDQLKQUJHQZHUGH$EHUZDVHUYRQ*HQJKRU]XK|UHQ EHNDPEHUVWLHJVHLQHVFKOLPPVWHQ%HIUFKWXQJHQ ³'XKLUQYHUEUDQQWHU,GLRW´EUOOWHGHU+DJHUHLKQDQ³:LHYLHO=HLWKDVWGXPLWGHU QXW]ORVHQ6XFKHYHUJHXGHW"´ ³6HFKV6WXQGHQ´DQWZRUWHWH&KDUURQNOHLQODXW ³6HFKV 6WXQGHQ 2KQH PLU %HVFKHLG ]X JHEHQ" 'X YHUUFNWHU 1DUU GDV ZLUG GLFKWHXHU]XVWHKHQNRPPHQ´ ³$EHUDEHULFKGDFKWH´ ³'XNDQQVWGHQNHQ"´K|KQWH*HQJKRU³:DVGDFKWHVWGX"´ ³6HFKV 6WXQGHQ $XIVFKXE VLQG IU GLH 6XFKH QDFK GHP .ULHJVNDOHQGHU GRFK QLFKWVRNULWLVFK´VWLHGHU6WLHUQDFNLJHKLOIORVKHUYRU ³'DUXPJHKWHVQLFKW´ ³8QG 6SLII ZDU HLQ ZHUWYROOHU 0LWDUEHLWHU´ IXKU &KDUURQ IRUW ³XP GHQ PDQ VLFK 0KHJHEHQVROOWH´ ³$XFKGDUXPJHKWHVQLFKW´IXKULKPGHU+DJHUHLQGLH3DUDGH³(VJHKWXPGLH VHFKV6WXQGHQGLHGXKDVWYHUVWUHLFKHQODVVHQEHYRUGXPLFKDQULHIVW´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
&KDUURQJORW]WHYHUVWlQGQLVORVLQGLH.DPHUD ³,FKLFKEHJUHLIHQLFKW´VWDPPHOWHHU ³,VW HV GLU QRFK QLFKW LQ GHQ GLFNHQ 6FKlGHO JHVLFNHUW ZDUXP 6SLII HQWIKUW ZXUGH"´ 'HU6WLHUQDFNLJHVFKWWHOWHGHQ.RSI ³%DJJR $UQYLOO KDWWH ]ZHL %HJOHLWHU´ HULQQHUWHLKQ*HQJKRU³'HQHLQHQKDEWLKU HUVFKRVVHQXQGXPGHQDQGHUHQKDEWLKUHXFKQLFKWJHNPPHUW(VLVWGLHVHUDQGHUH PLWGHPLKUHVMHW]W]XWXQKDEW(UVXFKWQDFK$UQYLOO$OVLKUQDFKGHP.ULHJVNDOHQGHU ]XVXFKHQEHJDQQWHUNDQQWHHUHXFKZLHGHU$XVHLJHQHU.UDIWNRQQWHHU$UQYLOOQLFKW ILQGHQDOVRVFKQDSSWHHUVLFKHLQHQYRQHXFKXPLKQDXV]XTXHWVFKHQ´ 'DV NODQJ SODXVLEHO $EHU LPPHU QRFK NRQQWH &KDUURQ QLFKW YHUVWHKHQ ZDV DQ GHUJDQ]HQ6DFKHVRVFKOLPPZDU ³$EHU$UQYLOOLVWGRFKVFKRQODQJHWRW´VWDXQWHHU ³6HOEVWZHQQHUHVZlUHGDQQEHVWQGHWURW]GHPQRFKGLH*HIDKUGD6SLIIGLH /DJHGHV+DXSWTXDUWLHUVYHUUlW$XHUGHPJODXEHLFKQLFKWGD$UQYLOOVFKRQWRWLVW´ ³(UKDWWHGRFKQXUIUHLQH6WXQGH/XIW´ ³'DVZXUGHHXFKJHVDJWXQGDXFK$UQYLOO,Q:LUNOLFKNHLWHQWKLHOWHQVHLQH7DQNV $WHPOXIWIUPHKUDOVYLHUXQG]ZDQ]LJ6WXQGHQ'HU)DNWRUZROOWHGDHUHLQHQJDQ]HQ 7DJODQJPLWGHU$QJVWYRUGHP7RGH]XNlPSIHQKlWWH´ &KDUURQVHQNWHGHQ%OLFN(UKDWWHNHLQH.UDIWPHKUGHQJOKHQGHQ$XJHQGHV )DQDWLNHUV]XEHJHJQHQ(UHUZDUWHWHGDV8UWHLO ³.HKU DXI GHP VFKQHOOVWHQ :HJ ]XU ([SHGLWLRQ ]XUFN´ EHIDKO *HQJKRU ³hEHU GHLQH)HKOOHLVWXQJZLUGEHL]HLWHQHQWVFKLHGHQZHUGHQ´
(LQH 0LQXWH ODQJ VD *HQJKRU XQVFKOVVLJ KLQWHU VHLQHP 6FKUHLEWLVFK LQ GHP NDKOHQXQWHULUGLVFKHQ$UEHLWVUDXPLQGHPHUYLHU]HKQ6WXQGHQGHV7DJHVYHUEUDFKWH 'DQQ UL HU VLFK ]XVDPPHQ 2E HU VLFK YRU GHP *UDXHQ IUFKWHWH RGHU QLFKW VSLHOWH NHLQH 5ROOH 'HU 0lFKWLJH PXWH EHU GHQ HUQHXWHQ )HKOVFKODJ LQ .HQQWQLV JHVHW]W ZHUGHQ (UGUFNWHGLH6SUHFKWDVWHGHV,QWHUNRPV1DFKZHQLJHQ6HNXQGHQHUVFKLHQDXI GHP %LOGVFKLUP GLH ULHVLJH *HVWDOW GHV *UDXHQ QLFKW HLQ OHEHQGHV %LOG VRQGHUQ GLH :LHGHUJDEHHLQHU3KRWRJUDSKLHGLH*HQJKRUVWDUUXQGVHHOHQORVHQWJHJHQEOLFNWH ³'XKDVW:LFKWLJHV"´GU|KQWHGLHPlFKWLJH6WLPPHDXVGHP(PSIlQJHU ³(LQHUXQVHUHU/HXWHLVWHQWIKUWZRUGHQ)DNWRU´YHUNQGHWHGHU+DJHUH ³.RPP]XPLU´EHIDKOGHU*UDXH *HQJKRUVFKDOWHWHGHQ,QWHUNRPDXVXQGHUKREVLFKVHXI]HQG(UKDWWHJHKRIIW GHQ9RUIDOODXVGHU)HUQHHUNOlUHQ]XN|QQHQ(UIUFKWHWHVLFKYRUGHP)DNWRUXQGGHU VXJJHVWLYHQ .UDIW GLH ZLH HLQ JHKHLPQLVYROOHV /HXFKWHQ YRQ LKP DXVJLQJ $EHU GHU *UDXHJDEVLFKPLWHLQHP,QWHUNRP%HULFKWQLFKW]XIULHGHQ 7UHQ|IIQHWHQVLFKZLHYRQXQVLFKWEDUHU+DQGEHZHJWYRUGHP+DJHUHQDOVHU GHQ*DQJHQWODQJVFKULWWGHUVHLQ$UEHLWV]LPPHUPLWGHQ%DXPHQGHV*UDXHQYHUEDQG (U ZXWH HV QLFKW PLW 6LFKHUKHLW DEHU HU ZDU IHVW GDYRQ EHU]HXJW GD JHKHLPH .DPHUDVMHGHQVHLQHU6FKULWWHEHREDFKWHWHQXQGXQVLFKWEDUH7DVWHULKQHLQHUJHQDXHQ 3UIXQJXQWHU]RJHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
6FKOLHOLFKGLHOHW]WH7U6LH|IIQHWHVLFKLQGHQNDKOHQ5DXPGHUZHLWHUQLFKWV HQWKLHOW DOV GDV GUHLVWXILJH 3RGHVW DXI GHP GHU *UDXH VWDQG 1RFK QLH ZDU *HQJKRU VHLWGHP VLH GLHVHV +DXSWTXDUWLHU EH]RJHQ KDWWHQ DQ HLQHP DQGHUHQ 2UW RGHU XQWHU DQGHUHQ 8PVWlQGHQ HPSIDQJHQ ZRUGHQ 6WHWV VWDQG GHU *UDXH DXI GHP 3RGHVW DOV EHQ|WLJH HU WURW] VHLQHU ULHVHQKDIWHQ .|USHUJU|H QRFK GLH ]XVlW]OLFKHQ IQI]LJ =HQWLPHWHUGHU8QWHUODJHXPEHUGLH.|SIHVHLQHU8QWHUJHEHQHQKLQDXV]XUDJHQ ³'XVSUDFKVWYRQHLQHU(QWIKUXQJ´GU|KQWHGLH6WLPPHGHV*UDXHQNDXPGD *HQJKRUGXUFKGLHOHW]WH7UJHWUHWHQZDU ³(LQHUYRQ&KDUURQV/HXWHQZXUGHYRQHLQHP8QEHNDQQWHQHQWIKUW´ ³:DQQZDUGDV"´ *HQJKRUELVLFKDXIGLH/LSSHQ'DZDUVLHGLH)UDJHGLHHUEHIUFKWHWKDWWH ³9RUVHFKV6WXQGHQ+HUU´ .HLQH 9HUlQGHUXQJ ]HLJWH VLFK LQ GHP YHUTXROOHQHQ *HVLFKW GHV *UDXHQ 1XU VHLQH6WLPPHNODQJXPHLQHQ*UDGVFKlUIHUDOVHUIUDJWH ³8QGGXNRPPVWHUVWMHW]WXPPLUGDUEHU]XEHULFKWHQ"´ ³,FK HUIXKU VHOEVW HUVW YRU ZHQLJHQ 0LQXWHQ GDYRQ +HUU´ EHNXQGHWH *HQJKRU XQWHUZUILJ ³'X NHQQVW PHLQ *HVHW] -HGHU LVW IU VHLQH 8QWHUJHEHQHQ YHUDQWZRUWOLFK 'LH 6FKXOG WULIIW GLFK ZHLO GX GHQ IDOVFKHQ 0DQQ IU GLHVH $XIJDEH ZlKOWHVW %HULFKWH PLU YRQGHP9RUIDOO´ *HQJKRU JDE ZLHGHU ZDV HU YRQ &KDUURQ HUIDKUHQ KDWWH -HPDQG KDWWH GHQ 6XFKSODW] GHU ([SHGLWLRQ EHUIDOOHQ HLQH 0DVFKLQH XQEUDXFKEDU JHPDFKW XQG GDEHL JOHLFK]HLWLJ HLQH ULHVLJH 0XOPZRONH HU]HXJW LQ GHU PDQ GLH +DQG QLFKW YRU $XJHQ VHKHQ NRQQWH XQG VFKOLHOLFK 6SLII HQWIKUW 'HU 8QEHNDQQWH ZDU DQ %RUG HLQHV OHLVWXQJVIlKLJHQ )DKU]HXJHV HQWNRPPHQ 2EZRKO VLFK DQ GHU 9HUIROJXQJ DXHU &KDUURQVHOEVWDXFK0LWJOLHGHUHLQHUDQGHUHQ7LHIVHH([SHGLWLRQEHWHLOLJWHQKDWWHPDQ GLH6SXUGHV)OFKWHQGHQVFKOLHOLFKYHUORUHQ ³'XZHLWZDVGDVKHLW´ 'DVZDUHLQH)HVWVWHOOXQJNHLQH)UDJH*HQJKRUQHLJWHGHQ.RSI ³(V LVW GDPLW ]X UHFKQHQ GD 6SLII EHL LQWHQVLYHU %HIUDJXQJ GLH /DJH GLHVHV +DXSWTXDUWLHUVYHUUDWHQKDW´ ³,FK PDFKH GLFK IU GLH )ROJHQ YHUDQWZRUWOLFK´ GRQQHUWH GHU *UDXH ³5XI GLH ([SHGLWLRQ]XUFN:LUEUDXFKHQDOOH0lQQHUIUGLH9HUWHLGLJXQJGHV+DXSWTXDUWLHUV´
%HVRUJW PXVWHUWH 0DQWXQ GXUFK GLH +HOPVFKHLEH %DJJR $UQYLOOV *HVLFKW 'HU HKHPDOLJH 'HWHNWLY KLHOW GLH $XJHQ JHVFKORVVHQ XQG UKUWH VLFK QLFKW PHKU (U VFKLHQ EHZXWORV]XVHLQ0DQWXQKDWWHGHQ5HJORVHQYRQGHP)HOVHQDXIGHPVLHLKQQDFK ODQJHU PKHYROOHU 6XFKH HQGOLFK JHIXQGHQ KDWWHQ LQ GLH 6FKOHXVH GHU 6SDFH-HW JHEUDFKW 'HU *HGDQNH GD LKP $UQYLOO QRFK LQ OHW]WHU 6HNXQGH XQWHU GHQ +lQGHQ VWHUEHQ N|QQWH EHXQUXKLJWH LKQ ]XWLHIVW (U EHVFKOHXQLJWH GHQ 'UXFNPLQGHUXQJVYRUJDQJ ELV DQ GLH *UHQ]H GHV 0|JOLFKHQ (QGOLFK EHJDQQ GDV :DVVHU ]X ZHLFKHQ YRQ IULVFKHU $WHPOXIW YHUGUlQJW 0DQWXQ O|VWH GHQ +HOP GHV %HZXWORVHQEHYRUHUGHQHLJHQHQ|IIQHWH0LWGHP*HIKOWLHIHU(UOHLFKWHUXQJQDKP HUZDKUGD$UQYLOOIODFKDEHUUHJHOPlLJDWPHWH(UQDKPLKQDXIXQGWUXJLKQLQGHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
.RPPDQGRVWDQG ³$OOHEHLVDPPHQ"´IUDJWH5HLQKHLPHUDXIJHUDXPW 0DQWXQOHJWHGHQ%HZXWORVHQEHKXWVDPDE ³:LUNDPHQLPOHW]WHQ$XJHQEOLFN´VDJWHHUIDVWYRUZXUIVYROO ³(V LVW HLQ :XQGHU GD ZLU LKQ EHUKDXSW JHIXQGHQ KDEHQ´ NRQWHUWH GHU $UFKlRORJH³(UVWHQVHUZDUWHWHQZLUGDHULP:DVVHUWUHLEWXQGQLFKWREHQDXIHLQHP )HOVHQ VLW]W XQG ]ZHLWHQV ZDU VHLQH %ODVHQVSXU VR XQGHXWOLFK GD ZLU VLH HUVW DXV IQIKXQGHUW0HWHUQ(QWIHUQXQJDXVPDFKHQNRQQWHQ³ 0DQWXQPXVWHUWH$UQYLOOV$Q]XJ ³(UKDWGLH/XIW]XIXKUJHGURVVHOW´VWHOOWHHUIHVW³:DKUVFKHLQOLFKPHUNWHHUGD LKPGHU6DXHUVWRIIDXVJLQJXQGZROOWHDXIGLHVFKOlIULJH$UWYRQKLQQHQJHKHQ´ ³$XIMHGHQ)DOO´EHKDUUWH5HLQKHLPHU³LVWHVOHLFKWHUGLHEHVDJWH6WHFNQDGHOLQ HLQHP+HXKDXIHQ]XILQGHQDOVHLQHQ0DQQGHUKLOIORVGXUFKGDV.RUDOOHQ0HHUWUHLEW´ 0DQWXQVWDQGDXI ³6LHKDEHQUHFKW´EHNUlIWLJWHHU³:LUKDEHQHLQSDDU7DJH5XKHYHUGLHQW8QG VHOEVW ZHQQ ZLU VLH QLFKW YHUGLHQW KlWWHQ PWHQ ZLU GRFK HLQH 3DXVH HLQOHJHQ ELV $UQYLOOZLHGHUDXIGLH%HLQHNRPPW´ ³)U5XKHSDXVHQELQLFKVWHWV]XKDEHQ´OlFKHOWHGHU$UFKlRORJH³:DVKDEHQ 6LHLP6LQQ"´ 0DQWXQJULQVWHYHUVFKPLW]W ³,FKNHQQHGDMHPDQGGHUJDQ]DOOHLQHIUVLFKDXIHLQHU,QVHOZRKQW´ ³-HPDQG"´ ³-DHLQ0lGFKHQ´VDJWH0DQWXQVWRO]³0DQN|QQWHVLHPHLQH%UDXWQHQQHQ´ ³,KUH´'DV:RUWEOLHEGHPDOWHQ$UFKlRORJHQLP+DOVHVWHFNHQ(UILQJDQ]X ODFKHQ ³:DVLVWGDUDQVRNRPLVFK¶"´IUDJWH0DQWXQHQWUVWHW ³9HU]HLKHQ6LH´SUXVWHWH5HLQKHLPHU³(VUXWVFKWHPLUVRKHUDXV6LHHUVFKHLQHQ PLUHEHQQLFKWDOVGHU7\SGHUVLFKIU)UDXHQEHUKDXSWLQWHUHVVLHUW¶ ³2GHUZROOHQ6LHVDJHQ)UGHQGLH)UDXHQVLFKLQWHUHVVLHUHQ"´ 5HLQKHLPHUKREGLH+lQGH ³2 QHLQ DXI NHLQHQ )DOO )UDXHQ VLQG GDIU EHNDQQW GD VLH VLFK IU GLH PHUNZUGLJVWHQ7\SHQLQWHUHVVLHUHQ´ 0DQWXQ]RJGLH%UDXHQLQGLH+|KH ³6HKHQ 6LH ]X´ HUNOlUWH HU LQ NRPLVFKHP bUJHU ³GD ,KUH ORVHQ %HPHUNXQJHQ QLFKW]XHLQHU%HODVWXQJIUXQVHUH=XVDPPHQDUEHLWZHUGHQ´ ³'DV ZlUH VFKDGH´ EHWHXHUWH 5HLQKHLPHU ³,FK YHUVSUHFKH ,KQHQ LFK ZHUGH PHLQH=XQJHNQIWLJKLQLP=DXPHKDOWHQ:HULVWGHQQGLH*OFNOLFKH"8QGZROLHJWGLH ,QVHO"´ ³6LHKHLW1XNXDVWD´ ³:HU"'DV0lGFKHQ"´IUDJWHGHU$UFKlRORJHEHUUDVFKW ³1HLQGLH,QVHO6LHOLHJWVGOLFKYRU´ ³ 8YHD GHU JU|WHQ :DOOLV,QVHO´ QDKP 5HLQKHLPHU LKP GDV :RUW DXV GHP 0XQG³6DJHQ6LHPDOGDV0lGFKHQKHLWGRFKQLFKWHWZD(HOD(HOD"´ 'LH5HLKHEHUUDVFKW]XVHLQZDUDQ0DQWXQ ³:LHVR"-DQDWUOLFK6RKHLWVLH.HQQHQ6LHVLHHWZD"´ 5HLQKHLPHU VDK VR DXV DOV ZROOH HU JOHLFK ZLHGHU DQIDQJHQ ]X ODFKHQ (U
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
EHKHUUVFKWHVLFKMHGRFK ³1DWUOLFK,FKZDUGHV|IWHUHQEHLLKU]X*DVW´ 0DQWXQVFKLHQHUVFKWWHUW ³'DVLVWXQP|JOLFK(HOD(HODHPSIlQJWNHLQH*lVWH´ ³:LH6LHPHLQHQ´VDJWHGHU$UFKlRORJHHUQVW³9LHOOHLFKWELQLFKLP,UUWXP´ (UYHUOLHGHQ.RPPDQGRVWDQG%HVWU]WEOLFNWH0DQWXQKLQWHULKPGUHLQ
%HYRUGHU*UDXHGLH%LJ)LVK&RPSDQ\GXUFK0LWWHOVPlQQHUIUGHQKRUUHQGHQ .DXISUHLV YRQ QDKH]X HLQHU 0LOOLDUGH 6RODU HUZRUEHQ KDWWH ZDU VLH HLQ UHVSHNWDEOHV 8QWHUQHKPHQXQGGD]XQRFKHLQHVGHUJU|WHQXQGHUIROJUHLFKVWHQDXIGHP*HELHWGHU )LVFK]XFKW JHZHVHQ 'HU -DKUHVXPVDW] EHUVWLHJ VSLHOHQG GLH 0LOOLDUGHQJUHQ]H .OHLQHUH)LUPHQHQWODQJGHURVWDXVWUDOLVFKHQ.VWHKDWWHQHVVFKZHUVLFKJHJHQGLHVH .RQNXUUHQ]EHU:DVVHU]XKDOWHQ 6REDOG MHGRFK GHU *UDXH DOV QHXHU (LJHQWPHU LQ GLH XQWHULUGLVFKHQ 9HUZDOWXQJVUlXPH GHV 8QWHUQHKPHQV HLQ]RJ EHJDQQHQ GLH 9HUKlOWQLVVH VLFK ]X lQGHUQ 'DV ODG GDUDQ GD GHU *UDXH QLFKW ZLUNOLFK DQ GHU )LVFKDXI]XFKW LQWHUHVVLHUW ZDU (U HQWOLH HLQHQ *URWHLO GHV XUVSUQJOLFKHQ 3HUVRQDOV XQG KLHOW VR PHLQWHQ PDQFKH QXU QRFK HLQHQ 6FKHLQEHWULHE DXIUHFKW 'HU 8PVDW] VDQN GUDVWLVFK XQG GLH NOHLQHUHQ )LUPHQ HQWODQJ GHU .VWH DWPHWHQ DXI XQG EHJDQQHQ PLW (ODQ LQ GLH 0DUNWOFNH YRU]XVWRHQ GLH GXUFK GLH VWlQGLJ VLQNHQGH 3URGXNWLRQ GHU %)& DXIJHULVVHQZXUGH 'HP*UDXHQKLQJHJHQZDUHVQXUGDUXP]XWXQDXIGHU(UGHHLQHLQLJHUPDHQ XQDXIIlOOLJHV +DXSWTXDUWLHU LQ JQVWLJHU /DJH ]X HWDEOLHUHQ (U ZDU GDV 0LWJOLHG HLQHU PlFKWLJHQ ,QWHUHVVHQJUXSSH GLH DXV $EELOGHUQ VHLQHU VHOEVW EHVWDQG 6R ZHQLJVWHQV JODXEWHHUGHQQXQWHUGHQ'XSORVGLH&RPGHQ3DUWDQDXI1HPRLDYRQVHLQHUHLJHQHQ 3HUVRQ HU]HXJW KDWWH KLHOW VLFK GD VLH &RPGHQ 3DUWDQV %HZXWVHLQ EHVDHQ KDUWQlFNLJ GLH h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lGWHQRFKPHKU %UXFKVWFNH GHV .DOHQGHUV ]X ILQGHQ VHLQ GLH GLH 3RVLWLRQVGDWHQ ZHLWHUHU PLW 3VL 0DWHULHEHVWFNWHU:HOWHQHQWKLHOWHQ$XVGLHVHP*UXQGZDUIUGHQ*UDXHQGLH/DJH VHLQHV QHXHQ +DXSWTXDUWLHUV QDKH]X LGHDO (U EHIDQG VLFK QXU ZHQLJH KXQGHUW .LORPHWHU YRQ GHP *HELHW HQWIHUQW LQ GHP HLQH ([SHGLWLRQ QDFK GHU DQGHUQ GLH DOWH 'RSSHOVWDGW GXUFKVXFKWH (U KDWWH VHLQH 6SLW]HO DXI GHQ ,QVHOQ VLW]HQ GLH GDV 6XFKJHELHW XPUDKPWHQ XQG HUIXKU VRIRUW ZHQQ HLQ ZLFKWLJHU )XQG JHPDFKW ZXUGH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
0HKU QRFK (U NRQQWH RKQH JURH 0KH VHLQH HLJHQH ([SHGLWLRQ DXVUVWHQ XQG DXI HLJHQH )DXVW QDFK ZHLWHUHQ .DOHQGHUEUXFKVWFNHQ VXFKHQ²HLQH 0|JOLFKNHLW GLH HU DOOHUGLQJV HUVW QHXHUGLQJV QXW]HQ NRQQWH ZHLO HV ]XU (UIRUVFKXQJ GHU OHPXULVFKHQ $OWHUWPHUHLQHU/L]HQ]EHGXUIWHGLHQLFKWJHUDGHOHLFKW]XHUKDOWHQZDU8QGVRZDUHV GHP *UDXHQ HUVW YRU NXU]HP JHOXQJHQ HLQHQ 0DQQ LQ VHLQH 'LHQVWH ]X VWHOOHQ GHU VRZRKOVDFKYHUVWlQGLJDOVDXFKXQEHVFKROWHQZDUXQGGXUFKGLHVHQ6WURKPDQQKDWWH HUVLFKVFKOLHOLFKLQGHQ%HVLW]HLQHU)RUVFKXQJVOL]HQ]JHVHW]W'HU6WURKPDQQVHOEVW KDWWHPLWGHU([SHGLWLRQQLFKWV]XWXQ(UIXQJLHUWHIUHLQXQDQJHPHVVHQKRKHV*HKDOW LQHLQHPGHUXQWHULUGLVFKHQ9HUZDOWXQJVUlXPHXQGKDWWHGDYRQZRUXPHVGHP*UDXHQ HLJHQWOLFKJLQJQLFKWGLHJHULQJVWH$KQXQJ 'LH XQWHULUGLVFKHQ 5lXPOLFKNHLWHQ GHU %LJ)LVK &RPSDQ\ ODJHQ LQ GHP GHU DXVWUDOLVFKHQ .VWH YRUJHODJHUWHQ XQWHUVHHLVFKHQ $EKDQJ DQ GHQ VLFK MHQVHLWV GHV *URHQ.RUDOOHQULIIVGDV*HELHWGHU)LVFKJHKHJHDQVFKOR'LHREHULUGLVFKHQ$QODJHQ GHU)LUPDODJHQDP5DQGHGHUNOHLQHQ6WDGW3RUW'RXJODVHLQHV9RURUWHVYRQ&DLUQV 6FKRQYRQZHLWHPHUNDQQWHPDQGLHDQQlKHUQG]ZHLKXQGHUW0HWHUKRKHQ7LHINKOVLORV LQ GHQHQ YHUDUEHLWHWH 0HHUHVQDKUXQJ LQ WLHIJHIURUHQHP =XVWDQG ELV ]XU 9HUVFKLIIXQJ DXIEHZDKUW ZXUGH :HQLJHU DXIIDOOHQG ZDUHQ GLH )LVFKYHUDUEHLWXQJVDQODJHQ YROODXWRPDWLVFKH LQ GHU $UW YRQ %DQGVWUDHQ DXVJHOHJWH 0DVFKLQHQ GLH YRQ GHU 6RUWLHUXQJ GHU )LVFKH EHU (QWVFKXSSXQJ 5HLQLJXQJ XQG %HVHLWLJXQJ YRQ XQJHQLHEDUHQ)UHPGN|USHUQELV]XU)LOLHUXQJDOOH$UEHLWVJlQJHVHOEVWWlWLJHUOHGLJWHQ 'LH 9HUDUEHLWXQJVDQODJHQ ZXUGHQ YRQ 7UDQVSRUWURERWHUQ EHVFKLFNW GLH GDV 5RKJXW GLUHNWGHQULHVLJHQ$XI]JHQHQWQDKPHQGLHHVDXVGHU7LHIHQDFKREHQEHI|UGHUWHQ 'LH7UDQVSRUWURERWHUZDUHQLQ)RUPYRQULHVLJHQ/DGHSODWWIRUPHQDXVJHELOGHWGLHDXI /XIWNLVVHQUXKWHQXQGYRQGHQHQMHGHPHKUHUH7RQQHQ5RKILVFKIDWH 'DV JHVDPWH REHULUGLVFKH *HELHW GHU %)& ZDU YRQ HLQHU GUHL 0HWHU KRKHQ HQHUJHWLVFKHQ :DQG XPJHEHQ LQ GHU HV LQVJHVDPW QXU GUHL 'XUFKOlVVH JDE 'LH (QHUJLHZDQG ZDU GXUFKVLFKWLJ XQG YHUVHW]WH EHL GHU %HUKUXQJ GHP 8QYRUVLFKWLJHQ HLQHQ KHIWLJHQ 6FKRFN GHU EHL OlQJHUHU %HUKUXQJ ]XU %HZXWORVLJNHLW IKUHQ NRQQWH ,Q JHUDXPHP $EVWDQG YRU GHU :DQG VFKZHEWHQ /HXFKWVFKULIWHQ LQ GHU /XIW GLH GHQ $KQXQJVORVHQ DXI GLH *HIDKUHQ GHU HQHUJHWLVFKHQ 0DXHU DXIPHUNVDP PDFKWHQ 'LH GUHL(LQOlVVHZXUGHQ7DJXQG1DFKWYRQ5RERWHUQNRQWUROOLHUW6LHOLHHQQLHPDQGHLQ GHUQLFKWGHQ)LUPHQDXVZHLVYRU]HLJWHRGHUYRUKHUDYLVLHUWZRUGHQZDU 'LHVH .RQWUROOHQ KDWWH HV IUKHU VFKRQ JHJHEHQ QXU ZDUHQ VLH UHFKW OD[ GXUFKJHIKUWZRUGHQ6HLWGHPMHGRFKGHU*UDXHKLHUKHUUVFKWHZXUGHGLHEHWULHEOLFKH 6LFKHUKHLWJURJHVFKULHEHQ,QGHU%HY|ONHUXQJPDFKWHPDQVLFKGDUEHU*HGDQNHQ :DV KDWWH GHU QHXH %HVLW]HU ]X YHUEHUJHQ¶ :DUXP ZDU PHKU DOV GLH +lOIWH GHU %HOHJVFKDIW HQWODVVHQ ZRUGHQ XQG ZHU ZDUHQ GLH ]ZLHOLFKWLJHQ 7\SHQ GLH PDQ VHLW GHP%HVLW]HUZHFKVHOWDJWlJOLFKGXUFKGLH)DEULNWRUHHLQXQGDXVIDKUHQVDK" 'HU*UDXHEHWULHEGLH6XFKHQDFKZHLWHUHQ%UXFKVWFNHQGHV.ULHJVNDOHQGHUVLQ JURHP 6WLO 9RQ GHQ LQVJHVDPW VHFKV 6LORV KDWWH HU HLQHQ Y|OOLJ UlXPHQ ODVVHQ 'DV ULHVLJH*HElXGHVWDQGY|OOLJOHHU=XVlW]OLFKHXQWHULUGLVFKH*HVFKRVVHZDUHQDQJHOHJW ZRUGHQLQGHQHQHLQKXQGHUWXQGIQI]LJ6SH]LDOLVWHQGDUDXIZDUWHWHQGLH)XQGVWFNH]X DQDO\VLHUHQGLHZLHGHU*UDXHKRIIWHLQ.U]HLQ6WU|PHQKLHUHLQWUHIIHQZUGHQ'LH PRGHUQVWHQ FKHPLVFKHQ XQG SK\VLNDOLVFKHQ *HUlWH VWDQGHQ GHQ ([SHUWHQ ]XU 9HUIJXQJGD]XHLQHXPIDQJUHLFKHHOHNWURQLVFKH5HFKHQDQODJH'HQQVHOEVWZHQQHLQ %UXFKVWFN GHV .DOHQGHUV JHIXQGHQ ZXUGH ZDUHQ GDPLW GLH 3RVLWLRQVGDWHQ ZHLWHUHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
3VL3ODQHWHQ QLFKW RKQH ZHLWHUHV EHNDQQW 'LH /HPXUHU KDWWHQ VLFK HLQHV DQGHUHQ %H]XJVV\VWHPV EHGLHQW DOV GLH KHXWLJH 5DXPIDKUW XQG ]XGHP KDWWHQ VLFK GLH .RRUGLQDWHQGHU%H]XJVSXQNWHLP/DXIHGHU-DKUWDXVHQGHEHWUlFKWOLFKYHUVFKREHQ(V EHGXUIWH HLQLJHU 5HFKHQDUEHLW XP DXV OHPXULVFKHQ 'DWHQ GLH 3RVLWLRQVDQJDEHQ ]X JHZLQQHQPLWGHQHQHLQPRGHUQHU5DXPVFKLIIVNRPPDQGDQWHWZDVDQIDQJHQNRQQWH 'LH ([SHGLWLRQ XQWHU &KDUURQV /HLWXQJ ZDU YRU NXU]HP ]XUFNJHNHKUW 'LH GUHL %RRWH ODJHQ LQ GHQ XQWHUVHHLVFKHQ +DQJDUV GHU %)& 'LH 0lQQHU ZDUHQ ]XU %HZDFKXQJ GHV REHULUGLVFKHQ )LUPHQJHOlQGHV DEJHVWHOOW ZRUGHQ $QGHUH /HXWH XQG 5RERWHU HQWOXGHQ PLWWOHUZHLOH GLH %RRWH XQG VRUJWHQ GDIU GD GLH )OOH DQ )XQGJHJHQVWlQGHQVRUDVFKZLHP|JOLFKLQGLH+lQGHGHU([SHUWHQJHODQJWH 'HU*UDXHDEHUZDUWHWH(UZDUVLFKHUGDHLQ$QJULIIGHV*HJQHUVXQPLWWHOEDU EHYRUVWDQG:HUGHU*HJQHUZDUGDVYHUPRFKWHHULP$XJHQEOLFNQRFKQLFKW]XVDJHQ (V NRQQWH VHLQ GD HV VLFK XP GHQ EULJJHEOLHEHQHQ %HJOHLWHU %DJJR $UQYLOOV KDQGHOWH(VPRFKWHDEHUDXFKVHLQGDHVGLHVHP0DQQJHOXQJHQZDU$UQYLOOVHOEVW DXVILQGLJ ]X PDFKHQ EHYRU HU DQ /XIWPDQJHO VWDUE 'HU *UDXH KLHOW GLHVH OHW]WHUH 0|JOLFKNHLWIUZHQLJZDKUVFKHLQOLFKDEHUHU]RJVLHGXUFKDXVPLWLQ%HWUDFKW
,QJHULQJHU+|KHJOLWWGLH6SDFH-HWEHUGDVIDVWXQEHZHJWHEODXH:DVVHUGHU 6GVHH9RUDEKREVLFKHLQ,QVHOFKHQYRQNQDSSDQGHUWKDOE.LORPHWHU/lQJHDXVGHQ )OXWHQKHUYRU=XU/LQNHQJUWHQGLH%HUJHYRQ8YHD0DQWXQGHUDP6WHXHUVDZDU JXWHQ0XWHV ³*OHLFKVLQGZLUGD´YHUNQGHWHHU %DJJR $UQYLOO ODJ DXI HLQHU SURYLVRULVFKHQ %DKUH GLH 'U 5HLQKHLPHU LP .RPPDQGRVWDQG]XVDPPHQJHEDVWHOWKDWWH(UZDULQ]ZLVFKHQZLHGHUEHL%HZXWVHLQ DEHUVRHQWNUlIWHWGDHUNDXPVSUHFKHQNRQQWH(UOLWWDQKRFKJUDGLJHU'HK\GULHUXQJ XQGZlKUHQGGHU]ZHLVWQGLJHQ$QIDKUWZDUGHU$UFKlRORJHIDVWXQXQWHUEURFKHQGDPLW EHVFKlIWLJWJHZHVHQLKP)OVVLJNHLWLQNOHLQHQ'RVHQ]XYHUDEUHLFKHQ 'LH ,QVHO ZDU IODFK GLH K|FKVWH (UKHEXQJ NDXP ]HKQ 0HWHU EHU GHP 0HHUHVVSLHJHO $Q GHU :HVWNVWH VWDQG HLQ ORFNHUHU 3DOPHQKDLQ GXUFK GHVVHQ 6WlPPHGLH8PULVVHHLQHVZHLHQ*HElXGHVVFKLPPHUWHQ0DQWXQ]RJGLH6SDFH-HW LQ GLH +|KH XQG OLH VLH EHU GHQ VDQIW DQVWHLJHQGHQ 6WUDQG KLQZHJJOHLWHQ 0LW JHVFKLFNWHQ 0DQ|YHUQ GURVVHOWH HU GLH *HVFKZLQGLJNHLW GHV )DKU]HXJV XQG VHW]WH HV XQPLWWHOEDUDXIGHP5DVHQSODW]VHLWZlUWVGHV*HElXGHVDE 'HU$QIOXJZDUQLFKWXQEHPHUNWYRQVWDWWHQJHJDQJHQ8QWHUGHU7UGHV+DXVHV HUVFKLHQHLQH)UDX6LHPRFKWHHWZDGUHLLJ-DKUHDOWVHLQEHLHLQHUGXUFKVFKQLWWOLFKHQ /HEHQVHUZDUWXQJ YRQ HLQKXQGHUWXQGIQI]LJ -DKUHQ IDVW QRFK HLQ 0lGFKHQ 6LH ZDU ]LHUOLFK JHEDXW GRFK XQEHUVHKEDU ZHLEOLFK 'LFKWHV VFKZDU]HV +DDU ILHO LKU DXI GLH 6FKXOWHUQ ,KU *HVLFKW ]HLJWH MHQH 0LVFKXQJ YRQ PDODLLVFKHP XQG NDXNDVLVFKHP¶ 6FKQLWW GHU IU UHLQUDVVLJH 3RO\QHVLHU FKDUDNWHULVWLVFK LVW 6LH WUXJ VLFK GHP .OLPD HQWVSUHFKHQG OHLFKW JHVFKU]W XQG GHU 6WRII LKUHV *HZDQGHV ZDU YRQ GHUVHOEHQ )DUEHQIUHXGLJNHLWZLHVLHLQGHU6GVHHVFKRQVHLW-DKUKXQGHUWHQJHEUlXFKOLFKLVW 6LHVWDQGGDXQGEHREDFKWHWHUXKLJGLH/DQGXQJGHU6SDFH-HW'DV/RNNODSSWH DXI XQG 0DQWXQ HUVFKLHQ LQ GHU gIIQXQJ 6LH HUNDQQWH LKQ VRIRUW 0LW HLQHP )UHXGHQVFKUHLVSUDQJVLHDXIGDV)DKU]HXJ]X0DQWXQQDKPVLHLQGLH$UPH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
³%LVWGXIURKPLFKZLHGHU]XVHKHQ"´HUNXQGLJWHHUVLFKEHKXWVDP ³6HKUJOFNOLFK´ULHIGDV0lGFKHQ ,Q GLHVHP $XJHQEOLFN HUVFKLHQ 5HLQKHLPHU XQWHU GHU gIIQXQJ 'DV 0lGFKHQ O|VWH VLFK DXV 0DQWXQV 8PDUPXQJ XQG EHGDFKWH GHQ $UFKlRORJHQ PLW HLQHP IUHXQGOLFKHQ/lFKHOQ ³2KGHU3URIHVVRULVWDXFKGD´ULHIVLHXQEHIDQJHQ³'DVLVWQHWW6LH]XVHKHQ´ ³:LHGXNHQQVWLKQ"´IUDJWH0DQWXQPLWUDXLVFK ³1DWUOLFK´DQWZRUWHWH(HOD(HOD³(UZDUVFKRQHLQSDDUPDOKLHU´ ³:DUVWGXPLUWUHX"´HUNXQGLJWH0DQWXQVLFKHUQVWXQGJULIIQDFKLKUHU+DQG ³6RWUHXZLHLPPHU´VWUDKOWHVLH (UJDEVLFKGDPLW]XIULHGHQXQGKDOI5HLQKHLPHUGLH%DKUHPLWGHP.UDQNHQDXV GHP )DKU]HXJ XQG LQV +DXV ]X VFKDIIHQ 'DV ,QQHUH GHV *HElXGHV ZDU GXUFK YHUVFKLHEEDUH )OHFKWZlQGH LQ PHKUHUH 5lXPH XQWHUWHLOW 1XU GLH =LPPHU GLH QRUPDOHUZHLVH QLFKW YRQ %HVXFKHUQ EHWUHWHQ ZHUGHQ EHIDQGHQ VLFK KLQWHU VROLGHQ :lQGHQ *OHLFK KLQWHU GHU (LQJDQJVWU EHIDQG VLFK HLQ ZHLWHU PLW NRVWEDUHQ 0DWWHQ DXVJHOHJWHU5DXPGHUDOV:RKQ]LPPHU]XJHOWHQKDWWH'LH%DKUHZXUGHEHKXWVDP]X %RGHQJHVHW]W ³:LU EULQJHQ GLU HLQHQ *DVW GHU GHLQHU +LOIH EHGDUI´ YHUNQGHWH 0DQWXQ WKHDWUDOLVFK ³(U LVW VR JHVFKZlFKW GD HU NDXP VSUHFKHQ NDQQ ,FK KRIIH GX KDVW HLQLJHYRQGHLQHQ=DXEHUPLWWHOQEHUHLWGLHLKPUDVFKZLHGHUDXIGLH%HLQHKHOIHQ´ ³6HOEVWYHUVWlQGOLFK OlFKHOWH GDV 0lGFKHQ ³6FKRQ PRUJHQ VROO HU VR JHVXQG VHLQZLHHKXQGMH $XI HLQHP QLHGULJHQ RULHQWDOLVFKHQ 7LVFK ODJ HLQH IULVFKH .RNRVQX XQG GDQHEHQHLQNUlIWLJHV+DXPHVVHUGDVPDQEHQXW]WXPGLHKDUWH6FKDOHGHU)UXFKW]X ]HUWUPPHUQ ³'DV ZUGH LKP JXWWXQ´ EHPHUNWH 5HLQKHLPHU ³)OVVLJNHLW XQG 6WlUNXQJ JOHLFK]HLWLJIDVWVRJXWZLH+KQHUEUKH´ ³(UVROOGDYRQKDEHQ´YHUVSUDFK(HOD(HOD ³8QG GDQQ KDEHQ ZLU QRFK HLQHQ ZHQLJHU HUIUHXOLFKHQ *DVW´ HUNOlUWH 0DQWXQ ³(LQHQ*HIDQJHQHQ(ULVWJXWYHUVFKQUW'XEUDXFKVWGLFKQLFKWYRULKP]XIUFKWHQ ³,FKIUFKWHPLFKQLFKW¶´VDJWHGDV0lGFKHQ³%ULQJWLKQKHUHLQ´ 6LHEUDFKWHQ6SLII(UZXUGHDXIGHQ%RGHQJHOHJW$XI(HOD(HODV)UDJHHUNOlUWH HU HU KDEH +XQJHU XQG 'XUVW 'DV 0lGFKHQ YHUVFKZDQG KLQWHU HLQHU GHU VROLGHQ :lQGHXQGEHJDQQVLFKLQGHU.FKH]XEHWlWLJHQ ³:LU KDEHQ ZHQLJVWHQV ]ZHL 7DJH ODQJ =HLW´ VDJWH 5HLQKHLPHU ³DOVR *HOHJHQKHLW JHQXJ XQVHUH )XQGVWFNH HLQ ZHQLJ LQ $XJHQVFKHLQ ]X QHKPHQ +HOIHQ 6LHPLUGDEHL¶"´ 0DQWXQZDUEHUHLW6LHNOHWWHUWHQDXIVQHXHLQGLH6SDFH-HWXQGNDPHQPLW]ZHL YRQGHQNRUElKQOLFKHQ%HKlOWHUQGLHVLHDQMHQHPVFKLFNVDOKDIWHQ7DJPLWOHPXULVFKHQ )XQGVWFNHQ YROOJHODGHQ KDWWHQ ZLHGHU ]XP 9RUVFKHLQ 'LH .|UEH ZDUHQ VFKZHU 5HLQKHLPHU NHXFKWH YRU $QVWUHQJXQJ EHYRU HU QRFK GDV +DXV HUUHLFKWH 0DQWXQ IRUGHUWHLKQDXIGHQ%HKlOWHUVWHKHQ]XODVVHQ(UZHUGHLKQVSlWHUQDFKKROHQ'DQQWUDW HUGXUFKGHQ(LQJDQJ ,P VHOEHQ $XJHQEOLFN QRFK EHYRU HU GHQ (LQGUXFN GHU VLFK LKP ERW RSWLVFK YHUDUEHLWHQNRQQWHZXWHHUGDHWZDVJHVFKHKHQZDU'LH$KQXQJYRQ*HIDKUZDU EHUPlFKWLJ ,P +LQWHUJUXQG GHV 5DXPHV VWDQG GLH %DKUH DXI GHU %DJJR $UQYLOO ODJ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
8QPLWWHOEDU GDQHEHQ VWDQG (HOD(HOD PLW HLQHP *HVLFKWVDXVGUXFN LQ GHP VLFK (QWVHW]HQ XQG 7RGHVDQJVW PLWHLQDQGHU PLVFKWHQ +LQWHU LKU VWDQG GHU *HIDQJHQH (U KDWWHGHQUHFKWHQ$UPHUKREHQ'LHNQRFKLJH+DQGKLHOWGDVVFKZHUH+DXPHVVHUGDV ]XYRUDXIGHP7LVFKJHOHJHQKDWWHZHQLJH=HQWLPHWHUEHUGHP.RSIGHV0lGFKHQV ³(LQHIDOVFKH%HZHJXQJXQGLFKVFKODJH]X´IDXFKWH6SLII ,Q GHU (FNH ODJ GLH DEJHVWUHLIWH )HVVHOXQJ (V PXWH LKP JHOXQJHQ VHLQ GLH VWDUNH.XQVWVWRIIVFKQXUDQHLQHU6WHOOHGXUFK]XZHW]HQ ³6HW]GHQ.RUEDE´EHIDKOHUMHW]W 0DQWXQVHW]WHGHQ%HKlOWHUODQJVDP]X%RGHQ$XVGHQ$XJHQZLQNHOQPXVWHUWH HU%DJJR$UQYLOO(UODJYHUNUPPWDXIGHU%DKUHXQGDWPHWHVFKZHUDOVKlWWHHUVLFK YRU NXU]HP EHU VHLQH .UlIWH DQJHVWUHQJW 'LH %HGURKOLFKNHLW GHU /DJH ZXUGH 0DQWXQ EOLW]DUWLJ NODU 6SLII ZROOWH GLH )UHLKHLW HU]ZLQJHQ 'D]X EUDXFKWH HU QXQ HLQH *HLVHO (LQHU ZDU ]XYLHO %DJJR $UQYLOO (U ZDU VFKZHU EHZHJOLFK DEHU WURW]GHP EHGHXWHWH HU YRUHUVW HLQH *HIDKU YRQ GHU 6SLII VHLQH $XIPHUNVDPNHLW QLFKW ZHQGHQ NRQQWH¶ (U ZUGH$UQYLOOEHLGHUHUVWHQ*HOHJHQKHLWW|WHQ ³=LHKGHLQHQ%ODVWHUDXVGHP*UWHO´EHIDKO6SLII³$EHUODQJVDPXQGYRUVLFKWLJ PLW]ZHL)LQJHUVSLW]HQXQGQXUDP/DXIDQIDVVHQ´ 0DQWXQ JHKRUFKWH (U OLH VLFK =HLW (U EUDXFKWH =HLW XP VLFK HLQHQ 3ODQ DXV]XGHQNHQ6FKOLHOLFKKDWWHHUGLH:DIIHKHUDXVPLW]ZHL)LQJHUQDP/DXIJHSDFNW ZLH6SLIIHVEHIRKOHQKDWWH ³:LUIGDV'LQJKHUPLUJHQDXYRUGLH)H´ :HQQ HU HV WDW VFKR HV 0DQWXQ GXUFK GHQ .RSI ZDU $UQYLOO YHUORUHQ 6SLII ZUGH GLH :DIIH DXIQHKPHQ XQG GHQ 'HWHNWLY HUVFKLHHQ RKQH GD HV MHPDQG YHUKLQGHUQ NRQQWH 0DQWXQ YHUVHW]WH GHQ UHFKWHQ $UP LQ VFKZLQJHQGH %HZHJXQJ (U WDWVRDOVZROOHHUGHQ:XUIJHQDXEHUHFKQHQ ³6RLVW¶VULFKWLJ´OREWH6SLIIKlPLVFK³,PPHUVFK|QYRUVLFKWLJ´ 'D OLH 0DQWXQ GLH :DIIH IDKUHQ 0LW HLQHP VFKDUIHQ 5XFN GHV +DQGJHOHQNV KDWWHHULKU]XVlW]OLFKHQ6FKZXQJJHJHEHQ6LHVFKRDXIGDV0lGFKHQ]X0LWHLQHP 6FKUHFNHQVVFKUHL UL (HOD(HOD GHQ .RSI EHLVHLWH 6SLII UHDJLHUWH QLFKW VFKQHOO JHQXJ 'HU %ODVWHU WUDI LKQ LP *HVLFKW ,QVWLQNWLY UL HU GLH IUHLH +DQG KRFK XP VLFK ]X VFKW]HQXQGOLHGDEHLGDV0lGFKHQIDKUHQ 'LH :DIIH KDWWH GLH +DQG NDXP YHUODVVHQ GD KDWWH 0DQWXQ VFKRQ PLW HLQHP ULHVLJHQ 6SUXQJ EHU GHQ .RUE GHU YRU LKP VWDQG KLQZHJJHVHW]W 'HU 7UHIIHU PLW GHU JHVFKOHXGHUWHQ:DIIHZDUQLFKWNUlIWLJJHQXJXP6SLIIDXHU*HIHFKW]XVHW]HQ(UVDK 0DQWXQNRPPHQXQGULYRU:XWXQG6FKPHU]EUOOHQGGDV6FKODJPHVVHUKRFKXQG KROWH ]X HLQHP PlFKWLJHQ +LHE DXV 0DQWXQ XQWHUOLHI GHQ +LHE XQG UDPPWH 6SLII GHQ YRUJHUHFNWHQ 6FKlGHO LQ GHQ /HLE 0LW HLQHP HUVWLFNWHQ 6FKUHL NODSSWH GHU NOHLQH 0DXVJUDXHQDFKKLQWHQ'DV0HVVHUHQWILHOGHUYHUNUDPSIWHQ+DQG'LHVFKDUIH.OLQJH ERKUWH VLFK LQ 0DQWXQV 6FKXOWHU %UHQQHQGHU 6FKPHU] EUHLWHWH VLFK YRQ GHU :XQGH GXUFK GHQ JDQ]HQ .|USHU DXV 0DQWXQ ZXUGH HV VFKZDU] YRU GHQ $XJHQ 0LW YHUELVVHQHU :XW VFKQHOOWH HU VLFK YRUZlUWV (U UDPPWH 6SLII HLQ ]ZHLWHV 0DO DEHU GLHVPDO NODPPHUWH 6SLII VLFK DQ LKP IHVW 0LW )LQJHUQ ZLH 7LJHUNUDOOHQ JULII HU LQ GLH IULVFKH :XQGH XQG VWLH DOV 0DQWXQ VFKPHU]KDIW ]XVDPPHQ]XFNWH HLQHQ WULXPSKLHUHQGHQ6FKUHLDXV 0DQWXQ ZXWH GD HU LQ VHLQHP =XVWDQG NHLQH $XVVLFKW PHKU KDWWH GLHVHQ .DPSIVLHJUHLFK]XEHVWHKHQ6SLIIZDULKPEHU(UYHUVXFKWH]X]XVFKODJHQDEHUGHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
UHFKWH $UP ZDU JHIKOORV JHZRUGHQ XQG OLH VLFK QLFKW PHKU EHZHJHQ 2KQPDFKW GURKWHLKQHLQ]XKOOHQ 'DK|UWHHUZLHDXVZHLWHU)HUQHHLQIDXFKHQGHV*HUlXVFK+lOLFKHU*HVWDQN HUIOOWH SO|W]OLFK GLH /XIW -HPDQG VW|KQWH ODXW 0DQWXQ VSUWH ZLH 6SLIIV *ULII VLFK ORFNHUWH(LQVFKZHUHU*HJHQVWDQGSROWHUWH]X%RGHQ0DQWXQNDXHUWHEHQRPPHQDXI DOOHQ YLHUHQ (U VFKWWHOWH GHQ .RSI XP GLH EHJLQQHQGH %HZXWORVLJNHLW ]X YHUMDJHQ (LQHQ$XJHQEOLFNODQJVDKHUNODU8QPLWWHOEDUYRULKPODJ6SLIIPLWVFKPHU]YHU]HUUWHP *HVLFKWXQGZHLWDXIJHULVVHQHQ$XJHQ²WRW1HEHQDQNDXHUWH%DJJR$UQYLOODXIVHLQHU %DKUH XQG KLHOW PLW EHLGHQ +lQGHQ GHQ NOHLQHQ %ODVWHU IHVW PLW GHP HU 6SLII HUVFKRVVHQ KDWWH (U PXWH LKQ JHJULIIHQ KDEHQ DOV GLH :DIIH YRQ 6SLII DESUDOOWH XQG ]X%RGHQILHO =ZHL7DJHYHUVWULFKHQRKQHGDGHU*HJQHUVLFK]HLJWH6FKRQZDU*HQJKRU EHUHLW]XJODXEHQGDDOOHVQXUHLQIDOVFKHU$ODUPJHZHVHQVHL²XQGHVILHOLKPOHLFKW GDV]XJODXEHQGHQQGDGXUFKZDUHUGHU9HUDQWZRUWXQJIUDOOH)ROJHQGLH&KDUURQV )HKOOHLVWXQJHU]HXJWKDEHQPRFKWHHQWKREHQ/HLGHUJHODQJHVLKPMHGRFKQLFKWGHQ *UDXHQ]XVHLQHURSWLPLVWLVFKHQ$QVLFKW]XEHNHKUHQ ³8QJHGXOGLVWGHU)HLQGGHV6LHJHV´]LWLHUWHHUPLWYHUOHW]HQGHP6SRWW³(VZDU ]XHUZDUWHQGDGHU)HLQGHLQLJH=HLWYHUVWUHLFKHQODVVHQZUGHXPXQVLQ6LFKHUKHLW ]XZLHJHQ´ ,Q]ZLVFKHQJLQJGHU%HWULHEEHLGHU%LJ)LVK&RPSDQ\ZHLWHU)LVFKHZXUGHQ]X +XQGHUWHQYRQ7RQQHQDXVGHQ*HKHJHQJHHUQWHWYRQGHQ5RERWHUQ]XU $XIEHUHLWXQJVDQODJHWUDQVSRUWLHUWXQGGRUWJHUHLQLJWHQWVFKXSSWVRUWLHUW]HUWHLOWILOLHUW XQGVFKOLHOLFKLQGHQ.lOWHVLORVJHODJHUW,QGHQ8QWHUJHVFKRVVHQGHVOHHUHQ6LORV XQWHUVXFKWHQGLH)DFKOHXWHGLH)XQGVWFNHGLH&KDUURQV([SHGLWLRQDXIJHVDPPHOW KDWWH%LVODQJZDUQRFKNHLQ%HVWDQGWHLOGHVDOWHQ.ULHJVNDOHQGHUVJHIXQGHQZRUGHQ XQGGHU*UDXHKDWWHDQJHGHXWHWGDHU&KDUURQEHLQlFKVWHU*HOHJHQKHLWDXVGHP 'LHQVWHQWODVVHQZUGH *HQJKRUVFKDXGHUWHZHQQHUDQGLH0|JOLFKNHLWGDFKWH&KDUURQZXWH]XYLHO EHUGLH([SHGLWLRQGHV*UDXHQDOVGDPDQLKQHLQIDFKKlWWHJHKHQODVVHQN|QQHQ :HQQGHU*UDXHHLQHQVHLQHUHKHPDOLJHQ0LWDUEHLWHUHQWOLHGDQQEHGHXWHWHGDV ]XPLQGHVWHLQHLQWHQVLYH*HKLUQZlVFKHZHQQQLFKWVRJDUGHQ7RG (LQVWZHLOHQMHGRFKZDU&KDUURQQRFKDXIGHP3RVWHQXQGHVZDUHUGHU *HQJKRUGLHHQWVFKHLGHQGH0HOGXQJEHUEUDFKWH ³,FKKDEHPHLQH)KOHUZHLWDXVJHVWUHFNW´HUNOlUWHHUPLWVHOEVWJHIlOOLJHP *ULQVHQDOVVHLQEUHLWIOlFKLJHV*HVLFKWDXIGHP%LOGVFKLUPHUVFKLHQ³XQGHVKDWVLFK JHORKQW´ ³/HHUHV*HUHGH´VSRWWHWH*HQJKRU³:HQQGXZDVZHLWODHVK|UHQZHQQ QLFKWJHKDXIGHLQHQ3RVWHQ]XUFN´ ³,Q1RUPDQWRQLVWJHVWHUQHLQHJHEUDXFKWH6SDFH-HWPLWHUKHEOLFKHP =XVDW]JHUlWYHUNDXIWZRUGHQ´ ³1DXQG"´ ³$UQYLOOKDWWHHLQH6SDFH-HW´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
³8QGHLQSDDU'XW]HQGDQGHUHU/HXWHDXFK:HLWGXZHLWHUQLFKWV"´ ³'LH%HVFKUHLEXQJGHV9HUNlXIHUVSDWDXI0DQWXQ´ ³:HULVWGDV¶"¶ ³(LQHUGHUEHLGHQ+HOIHUGLH$UQYLOOIUVHLQH([SHGLWLRQDQKHXHUWH´ *HQJKRU]XFNWHDEIlOOLJPLWGHQ6FKXOWHUQ ³'DVEHVDJWPLULPPHUQRFKQLFKWV$UQYLOOLVWWRW0DQWXQKLHOWVLFKIUVHLQHQ (UEHQ0LWGHU6SDFH-HWNDQQHUQLFKWVDQIDQJHQDOVRYHUNDXIWHUVLH:DVVRQVW"´ ³,Q1RUPDQWRQµ"´]ZHLIHOWHGHU6WLHUQDFNLJH ³:DVLVWDQ1RUPDQWRQIDOVFK"´ ³1RUPDQWRQLVWNHLQ8PVFKODJSODW]IUNRPSOL]LHUWH)DKU]HXJH(VJLEWGRUW NHLQHQ%HGDUI:HUGRUWHLQH6SDFH-HWYHUNDXIHQZLOOYHUNDXIWPLW9HUOXVW8QGZDUXP GDVZHQQJQVWLJH0lUNWHZLH'DUZLQ%ULVEDQHXQGVRZHLWHULQXQPLWWHOEDUHU1lKH OLHJHQ" ³6DJPLU¶V/DPLFKQLFKWUDWHQ´ ³'HU.HUOKDWHVHLOLJ0HLQH/HXWHVLQGHEHQGDEHL]XHUIDKUHQRE0DQWXQDXV GHP(UO|VGHU6SDFH-HWYLHOOHLFKWHLQDQGHUHV)DKU]HXJHWZDHLQ)OXJERRWJHNDXIW KDW:HQQGHPVRLVWJLEWHVEHUVHLQH$EVLFKWNHLQHQ=ZHLIHO(UKDW1RUPDQWRQDXV ]ZHL*UQGHQJHZlKOW(UVWHQVZHLOHUZHLGDZLUGLHJlQJLJVWHQ)DKU]HXJPlUNWH EHUZDFKHQXQGDQQLPPWGDZLU1RUPDQWRQGDEHLQLFKWLQ(UZlJXQJJH]RJHQ KDEHQ8QG]ZHLWHQVZHLO1RUPDQWRQLQXQVHUHU1lKHOLHJW9RQ1RUPDQWRQELV&DLUQV VLQGHVIQIKXQGHUW.LORPHWHUEHU/DQGHLQ.DW]HQVSUXQJIUHLQHLQVFKOlJLJHV )OXJERRW´ *HQJKRUQLFNWH ³'DVLVWHLQHSODXVLEOH0|JOLFKNHLW¶´JDEHU]X³:DQQZLUVWGXZLVVHQRE0DQWXQ HLQDQGHUHV)DKU]HXJHUZRUEHQKDW"´ ³,QVSlWHVWHQV]ZHL6WXQGHQ´DQWZRUWHWHGHU6WLHUQDFNLJH ³0DFKHVLQHLQHU6WXQGHXQGODPLFKVRIRUWZLVVHQZDVGXHUIDKUHQKDVW´ &KDUURQJDEVLFK0KHDEHUHVYHUJLQJHQGRFKEHUVLHE]LJ0LQXWHQEHYRUHU ZLHGHUYRQVLFKK|UHQOLH ³1XQ"´IUDJWH*HQJKRU ³0DQWXQKDWHLQVHFKVVLW]LJHV)OXJERRWJHNDXIW(UYHUOLH1RUPDQWRQLQ Q|UGOLFKHU5LFKWXQJDXI6HHKLQDXV=XP6FKHLQQHKPHLFKDQ´
'DVIDOOHQGH+DXPHVVHUKDWWHHLQHWLHIH)OHLVFKZXQGHJHULVVHQXQGGDEHLHLQH 6HKQHGXUFKWUHQQW0DQWXQPXWHLQV+RVSLWDOQDFK7HSDDXI8YHDJHVFKDIIWZHUGHQ ZRLKQGLHbU]WHLP/DXIHHLQLJHU6WXQGHQZLHGHU]XVDPPHQIOLFNWHQ %DJJR $UQYLOOV *HQHVXQJ PDFKWH UDVFKH )RUWVFKULWWH :lKUHQG 0DQWXQ LP +RVSLWDO ZDU NOlUWH 5HLQKHLPHU GHQ 'HWHNWLY EHU GLH ,QIRUPDWLRQHQ DXI GLH 0DQWXQ YRQ6SLIIHUKDOWHQKDWWH6LHVWLPPWHQPLW$UQYLOOV(UIDKUXQJEHUHLQ'HU2UWDQGHPHU PLW GHP *UDXHQ ]XVDPPHQJHVWRHQ ZDU ZDU RKQH =ZHLIHO HLQH )LVFKIDUP JHZHVHQ XQG ]ZDU HLQ %HWULHE YRQ EHGHXWHQGHP 8PIDQJ %DJJR $UQYLOO GHU GLH =LHOH GHV *UDXHQXQGVHLQHU2UJDQLVDWLRQ]XNHQQHQJODXEWHZDUQLFKWEHUHLWDQ]XQHKPHQGD GHU *UDXH GLH )DUP HUZRUEHQ KDWWH XP VLFK GHU $XI]XFKW YRQ 1lKUILVFKHQ HQ ]X ZLGPHQ'HU*UDXHEHQXW]WHGLH)LVFKIDUPYLHOPHKUDOV)DVVDGHKLQWHUGHUHUXPVR
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
XQJHVW|UWHU VHLQ HLJHQWOLFKHV *HVFKlIW DEZLFNHOQ NRQQWH :HOFKHV GDV ZDU N|QQWH $UQYLOO QXU YHUPXWHQ $XI MHGHQ )DOO DEHU KLQJ HV PLW GHP OHPXULVFKHQ .ULHJVNDOHQGHU XQGGHU6XFKHQDFKZHLWHUHU3VL0DWHULH]XVDPPHQ :LFKWLJ ZDU IU GHQ 'HWHNWLY DQ DOO GLHVHQ hEHUOHJXQJHQ GD VLH DXI HLQH KlXILJH ZHQQ QLFKW JDU VWlQGLJH $QZHVHQKHLW GHV *UDXHQ DXI GHP *HOlQGH GHU )LVFKIDUP KLQZLHVHQ 0DQ HUZLUEW HLQHQ VROFKHQ .RPSOH[ QLFKW XP VLFK DQGHUVZR DQ]XVLHGHOQ:HQQEHUKDXSWLUJHQGZRGDQQZDUGHU*UDXHLP,QQHUQGHU)LVFKIDUP ]XWUHIIHQXQGJHUDGHGDUDXINDPHV%DJJR$UQYLOODQ'HU'XUVWQDFK5DFKHDQGHP 8QJHKHXHUGDV$PMDQDDXIGHP*HZLVVHQXQG$UQYLOOVJDQ]HV'DVHLQXPJHNUHPSHOW KDWWHZDUQDFKZLHYRUGHV'HWHNWLYV7ULHENUDIW $P$EHQGNHKUWHQ0DQWXQXQGGDV0lGFKHQYRQ7HSD]XUFN,Q]ZLVHKHQZDU $UQYLOOEHUHLWVVRZHLWJHQHVHQGDHU5HLQKHLPHUEHLGHU%HVHLWLJXQJGHU/HLFKHKDWWH KHOIHQ N|QQHQ 0DQ ZDU DOOJHPHLQ GHU $QVLFKW GD GHU 9RUIDOO QLFKW GHQ %HK|UGHQ JHPHOGHWZHUGHQVROOWH *HJHQ0LWWDJGHVQlFKVWHQ7DJHVEUDFKGLHNOHLQH([SHGLWLRQYRQ1XNXDHWDDXI (HOD(HOD KDWWH HV VLFK QLFKW QHKPHQ ODVVHQ GLH 0lQQHU DXI LKUHP )OXJ QDFK $XVWUDOLHQ ]X EHJOHLWHQ 0DQWXQ VFKLHQ GLHV PHKU DOV UHFKW ]X VHLQ $QKDQG YRQ 5HLQKHLPHUV%HPHUNXQJHQKDWWHHUVFKOLHOLFKGRFKHLQLJH=ZHLIHODQGHU7UHXHVHLQHU %UDXW]XHPSILQGHQEHJRQQHQXQGGDHUHLQSUDNWLVFKHU0DQQZDUVDJWHHUVLFKGD $QIlOOH YRQ 8QWUHXH DP EHVWHQ GDGXUFK QHXWUDOLVLHUW ZHUGHQ N|QQWHQ GD HU GDV 0lGFKHQQLFKWDXVGHQ$XJHQOLH %DJJR$UQYLOOVHUVWHV=LHOZDU1RUPDQWRQDP*ROIYRQ&DUSHQWDULD(UKDWWHGLH $EVLFKW GLH 6SDFH-HW XQG VlPWOLFKHV *HUlW GDV VLH QLFKW PHKU EUDXFKWHQ GRUW ]X YHUNDXIHQ 0DQWXQ PDFKWH LKQ GDUDXI DXIPHUNVDP GD 1RUPDQWRQ IU VROFKHUOHL *HVFKlIWHHLQGHQNEDUXQJQVWLJHU0DUNWVHL'DUDXIMHGRFKNDPHVGHP'HWHNWLYQLFKW DQ (U ZROOWH DOOHV ZDV HU QLFKW PHKU EUDXFKWH DQ HLQHP P|JOLFKVW XQDXIIlOOLJHQ 2UW ORVZHUGHQ XQG VLFK IU GLH EHYRUVWHKHQGH $XIJDEH QHX DXVUVWHQ ,Q &DLUQV GHU QlFKVWHQJU|HUHQ6WDGWGXUIWHHUVLFKQLFKWVHKHQODVVHQZHLOHVGRUWZDKUVFKHLQOLFK YRQ6SLW]HOQGHV*UDXHQZLPPHOWH ³:HQQ GHU *UDXH HLQ ELFKHQ *ULSV LP 6FKlGHO KDW´ EUXPPWH 0DQWXQ ³GDQQ ZLUG HU VHLQH $JHQWHQ DXFK DXHUKDOE YRQ &DLUQV HLQVHW]HQ :HU VDJW ,KQHQ GD ZLU QLFKWJHUDGHLQ1RUPDQWRQDXIHLQHQWUHIIHQ"´ ³'DV LVW P|JOLFK´ JDE $UQYLOO ]X ³$EHU ZDV KDW GHU )HLQG GDYRQ" 0LFK VHOEVW EHNRPPWHUQLFKW]XVHKHQXQGZHQQHUHUIlKUWGDZLUGLH6SDFH-HWYHUNDXIWXQGHLQ DQGHUHV )DKU]HXJ VRZLH *HUlW GDIU HLQJHNDXIW KDEHQ GDQQ NRPPW HU GDUDXV ]X NHLQHP ZHLWHUHQ 6FKOX DOV GD ZLU ZDKUVFKHLQOLFK YRUKDEHQ GLH %LJ)LVK &RPSDQ\ DQ]XJUHLIHQ'DVKDWHUVLFKDEHUVFKRQODQJHDXVJHUHFKQHW´ 'LH (QWIHUQXQJ YRQ GHQ :DOOLV,QVHOQ QDFK 1RUPDQWRQ EHWUXJ EHU YLHUHLQKDOEWDXVHQG .LORPHWHU 'LH 6SDFH-HW EHZHJWH VLFK LQ JHULQJHU )OXJK|KH PLW HLQHU*HVFKZLQGLJNHLWYRQNQDSSHLQWDXVHQG.LORPHWHUQSUR6WXQGH'LH)DKUWGDXHUWH YLHUHLQKDOE 6WXQGHQ DEHU ZHJHQ GHV =HLWXQWHUVFKLHGHV ]ZLVFKHQ GHQ EHLGHQ 2UWHQ ]HLJWHQGLH8KUHQLQ1RUPDQWRQQXUDQGHUWKDOE6WXQGHQPHKUDOVGLH&KURQRPHWHUDXI 1XNXDHWD EHLP $EIOXJ 0DQWXQ VHW]WH VHLQH 3DVVDJLHUH DXI GHU XQEHZDFKWHQ 0RUQLQJWRQ,QVHO LP *ROI YRQ &DUSHQWDULD DE XQG IORJ YRQ GRUW DXV ZHLWHU QDFK 1RUPDQWRQ'LH]ZHLWH+lOIWHGHV7DJHVYHUJLQJ'LH6RQQHJLQJXQWHUXQGGLH1DFKW VHQNWH VLFK EHU GLH HLQVDPH ,QVHO (V ZDU EHLQDKH 0LWWHUQDFKW DOV 0DQWXQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
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
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(UUHJXQJRIIHQEDUYHUZXQGHUWH ³8QG VLH GLU DXFK EHVFKULHEHQ MD GDV VWLPPW´ EUDFK HV DXV 0DQWXQ KHUYRU ³$EHUGDVODQJWGRFKQLFKWXPVLHDXIGHQHUVWHQ%OLFN]XHUNHQQHQ´ +RV6DQJUHQHNUDW]WHVLFKKLQWHUGHP2KU ³-D XP JDQ] JHQDX ]X VHLQ PX LFK GLU VDJHQ GD LFK VLH DXFK PDO EHVXFKW KDEH'XKDWWHVWPLUVRYLHOYRQLKUHU]lKOWGDZROOWHLFKVLHHLQIDFKPDOVHKHQ´ 0DQWXQ ZXWH QLFKW EHU ZHQ HU VHLQHQ =RUQ ]XHUVW DXVVFKWWHQ VROOWH GDV 0lGFKHQRGHUVHLQHQ)UHXQG(HOD(HODOHJWHLKPEHUXKLJHQGGLH+DQGDXIGHQ$UP (UZROOWH]XHUVW]XUFN]XFNHQGRFKGDQQOLHHUVLFKGLH%HUKUXQJJHIDOOHQ ³%HL]HLWHQZLOOLFKGLUDOOHVHUNOlUHQ0DQWXQ´VDJWHGDV0lGFKHQVDQIW +RV 6DQJUHQHV +DXV ZDU HLQ ]LHPOLFK ZHLWOlXILJHU )HUWLJEDX 6DQJUHQH VFKLHQ HV PLW VHLQHU )DUP LQ NU]HVWHU =HLW ]X HUVWDXQOLFKHP :RKOVWDQG JHEUDFKW ]X KDEHQ 'DUDXIDQJHVSURFKHQHUNOlUWHHU ³'DV LVW ULFKWLJ :HQQ PDQ ]XUFNEOLFNW VROOWH PDQ VDJHQ GD PLU QLFKWV %HVVHUHV ]XVWRHQ NRQQWH DOV GD LFK +DOV EHU .RSI YRQ GHU %LJ)LVK HQWODVVHQ ZXUGH´ (U WLSSWH VLFK JHJHQ GLH %UXVW ³$EHU WLHI KLHU GULQQHQ ZXUPW HV HLQHQ HEHQ GRFK´ ZHQQ PDQ VR EHKDQGHOW ZLUG 0DQWXQ KLHU VDJW PLU GD 6LH PLW GHP MHW]LJHQ &KHIGHU%LJ)LVKHLQHNOHLQH8QVWLPPLJNHLWKDEHQ:DVLFKWXQNDQQXP,KQHQGDEHL ]XKHOIHQGDVZLOOLFKJHUQHWXQ´
+RV 6DQJUHQH NRQQWH %DJJR $UQYLOOV %HPKXQJHQ QXU GDQQ ZLUNVDP XQWHUVWW]HQZHQQHUGLH+LQWHUJUQGHGHV)DOOHVNDQQWH'HU'HWHNWLYQDKPVLFK=HLW GHP $OWHQ GLH /HEHQVJHVFKLFKWH VHLQHU OHW]WHQ QHXQ -DKUH ]X HU]lKOHQ²YRQ GHP $XJHQEOLFN DQ GD HU GHP GDPDOV QRFK 8QEHNDQQWHQ JHJHQEHU EHKDXSWHW KDWWH HLQ ZHLWHUHV%UXFKVWFNGHV.ULHJVNDOHQGHUV]XEHVLW]HQELV]X6SLIIV7RGDXI1XNXDHWD GHU )DKUW QDFK 1RUPDQWRQ XQG GHP )OXJ QDFK 'DLQWUHH 6DQJUHQH K|UWH DXIPHUNVDP ]X$OV$UQYLOOJHHQGHWKDWWHQLFNWHHUVFKZHU ³6R LVW GDV DOVR´ PXUPHOWH HU ³1LFKW HLQ JHZ|KQOLFKHU GDKHUJHODXIHQHU 1HXUHLFKHU VWHFNW KLQWHU GHU 6DFKH VRQGHUQ HLQH DXHULUGLVFKH ,QWHUHVVHQJUXSSH ,FK KDWWH PLFK VFKRQ GDUEHU JHZXQGHUW ZDUXP GHU QHXH (LJHQWPHU QDFKGHP HU GLH )LUPDJHUDGHHUVWHUZRUEHQKDWWHQLFKWV(LOLJHUHV]XWXQZXWHDOVGLH)LVFKSURGXNWLRQ GUDVWLVFK ]X GURVVHOQ 9LHOH /HXWH LQ GLHVHU *HJHQG ]HUEUHFKHQ VLFK GDUEHU VHLW ODQJHPGHQ.RSIRKQHHLQH(UNOlUXQJ]XILQGHQ-HW]WVHKHLFKZRUDXIHVKLQDXVOlXIW´ (UVDK%DJJR$UQYLOOJULQVHQGDQ ³,FKQHKPHDQHVOLHJW,KQHQGDUDQGDV)LUPHQJHOlQGH]XEHVLFKWLJHQZLH ³'DVKDEHLFKDOOHUGLQJVYRU´EHNDQQWHGHU'HWHNWLY ³8QGZLHZROOHQ6LHGDVDQIDQJHQ"´ ³'DVZHLLFKQLFKW¶OlFKHOWH$UQYLOO³$QXQGIUVLFKKDWWHLFKGDEHLHLQELFKHQ PLW,KUHU+LOIHJHUHFKQHW´ ³'LHVROOHQ6LHKDEHQ´ULHI+RV6DQJUHQHEHJHLVWHUW(UVSUDQJDXIXQGVFKDIIWH HLQJURHV6WFN3DSLHUIROLHXQGHLQHQ6FKUHLEVWLIWKHUEHL ³,FKNHQQHLQGHU+DXSWVDFKHGLHREHULUGLVFKHQ$QODJHQ´HUNOlUWHHUZlKUHQGHU ]X]HLFKQHQEHJDQQ³8QWHUGHU(UGHZDULFKQXUVHOWHQ,FKKDWWHPLWGHUhEHUZDFKXQJ GHU6LORV]XWXQHLQDQJHQHKPHU-REZHQQHLQHPGHU*HVWDQNQLFKWVDXVPDFKW´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
³*HVWDQN"´ ³-D QDFK )LVFK ZLVVHQ 6LH" 'LH 5RERWHU N|QQHQ QRFK VR VRUJIlOWLJ VHLQ LUJHQGZLH EOHLEHQ GRFK KLHU XQG GD 5HVWH ]XUFN GLH LKQHQ HQWJHKHQ 8QG EHL GHP KLHVLJHQ.OLPD´ (UODFKWHXQGKLHOWVLFKRVWHQWDWLYGLH1DVH]X$XIGDVJURH6WFN)ROLHKDWWHHU HLQXQUHJHOPlLJHV9LHUHFNJH]HLFKQHW ³'DV LVW GDV *HOlQGH GHU %LJ)LVK LQ 3RUW 'RXJODV´ HUNOlUWH HU ³+LHU´ HU ]HLFKQHWH HLOLJ VHFKV UXQGH 8PULVVH ³OLHJHQ GLH 6LORV 'DUDQ DQVFKOLHHQG EHILQGHQ VLFKGLH9HUDUEHLWXQJVDQODJHQ+LHUHWZD´GHU6WLIWKXVFKWHYRQQHXHPEHUGLH)ROLH ³VWHKHQ HLQ SDDU NOHLQH $OO]ZHFNJHElXGH 'RUW OLHJW GLH 0OONRQ]HQWUDWLRQVDQODJH XQG KLHUVFKOLHOLFKGLH0OO]HUVHW]XQJ´ %DJJR$UQYLOOEHVDKVLFKGDV*DQ]HXQGQLFNWH ³:ROLHJHQGLH7RUH"´ZROOWHHUZLVVHQ ³2KGLHKlWWHLFKEHLQDKHYHUJHVVHQ´+RV6DQJUHQHEUDFKWHGUHL0DUNLHUXQJHQ DQ GHU 3HULSKHULH GHV *HOlQGHV DQ ³'DV VLQG GLH 7RUH GLH KHXW]XWDJH EHQXW]W ZHUGHQ´ 'LH +DQG JOLWW QDFK GHP REHUHQ 5DQG GHV 3DSLHUVXQG ]HLFKQHWH HLQH YLHUWH 0DUNLHUXQJ ³8QG KLHU JDE HV IUKHU DXFK HLQ 7RU GDV GHU QHXH (LJHQWPHU MHGRFK JHVSHUUWKDW´ $UQYLOOZDUSO|W]OLFKJDQ]2KU ³:DVWDWPDQGDPLW"´ ³(VZXUGHJHVSHUUW´ ³:LHJHVSHUUW"´ ³,FKYHUVWHKH6LHQLFKW´ ³(UVHW]WHPDQGDV7RUHLQIDFKGXUFKHLQ6WFN(QHUJLHZDQGRGHUZXUGHQXUGHU 7RUYHUVFKOXPHFKDQLVPXVDXIµ=X¶JHVWHOOW"´ +RVNUDW]WHVLFKDP.RSI ³'DV OHW]WHUH QHKPH LFK DQ´ EUXPPWH HU ³'DV NOLHQH .RQWUROOKlXVFKHQ VWHKW QlPOLFKLPPHUQRFKGD´ %DJJR$UQYLOOOlFKHOWH]XIULHGHQ ³:HQQ GDV VR LVW GDQQ KDEHQ ZLU *OFN´ VDJWH HU ³6DJHQ 6LH PLU QRFK :LH EHWUHWHQGLH$QJHVWHOOWHQGDV)LUPHQJHOlQGH"´ ³6LHNRPPHQGXUFKHLQHVGHUGUHL7RUH´HUNOlUWH+RV6DQJUHQH³-HGHUKDWHLQ NOHLQHV3ODVWLNSOlWWFKHQGDVHUHLQHPGHU5RERWHUYRU]HLJWGLHGRUWDXIJHVWHOOWVLQG´ ³*LEWHVYHUVFKLHGHQH$UWHQYRQ3ODVWLNSOlWWFKHQ"´ ³-D 6LH XQWHUVFKHLGHQ VLFK KDXSWVlFKOLFK LQ GHU )DUEH 'LH GHU HLQIDFKHQ $QJHVWHOOWHQ VLQG ZHL XQG EHUHFKWLJHQ QXU ]XP %HWUHWHQ GHV )LUPHQJHOlQGHV ]ZLVFKHQ VHFKV 8KU XQG ]HKQ 8KU PRUJHQV XQG ]XP 9HUODVVHQ GHV *HOlQGHV ]ZLVFKHQ YLHU 8KU QDFKPLWWDJV XQG DFKW 8KU DEHQGV $XHUGHP GLHQHQ VLH DOV 6FKOVVHO ]X JHUDGH GHQ gUWOLFKNHLWHQ LQ GHQHQ GHU $QJHVWHOOWH EHVFKlIWLJW LVW 'DQQ JLEW HV EODXH 3OlWWFKHQ IU JHKREHQH $QJHVWHOOWH 6LH XQWHUOLHJHQ GHQVHOEHQ =HLWEHVFKUlQNXQJHQ N|QQHQ MHGRFK PHKU 7UHQ |IIQHQ 8QG VFKOLHOLFK JLEW HV URWH 3OlWWFKHQIUGLH%RVVH6LHJHOWHQ7DJXQG1DFKWXQG|IIQHQDOOH7UHQ´ %DJJR$UQYLOONODWVFKWHVLFKDXIGLH.QLH ³*URDUWLJ6RHLQSDDUURWH3OlWWFKHQEUDXFKHQZLU´ 6DQJUHQHPXVWHUWHLKQYHUGXW]W ³6LHZROOHQVRJDQ]HLQIDFKLQGLH)DEULNKLQHLQVSD]LHUHQ"´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
'HU'HWHNWLYOlFKHOWHKLQWHUJUQGLJ ³1LFKW JDQ]´ ,FK EUDXFKH GLH 3ODWWHKHQ ]XP gIIQHQ YRQ 7UHQ XQG YLHOOHLFKW DXFK]XHWZDVDQGHUHP´ +RV 6DQJUHQH IUDJWH QLFKW DEHU VHLQHP *HVLFKW ZDU DQ]XVHKHQ GD HU JHUQH ZLVVHQZROOWHZHOFKHVGHUDQGHUH9HUZHQGXQJV]ZHFNZDU ³6HKHQ 6LH GHU *HJQHU ]HUEULFKW VLFK VFKRQ GLH JDQ]H =HLW GHQ .RSI GDUEHU DXIZHOFKHP:HJLFKPLU(LQOD]XP)DEULNJHOlQGHYHUVFKDIIHQZLOOHUOlXWHUWH$UQYLOO ³,FK P|FKWH LKP GLH $UEHLW HLQ ZHQLJ HUOHLFKWHUQ ,FK P|FKWH LKP $QOD JHEHQ ]X JODXEHQHUZXWHZLHLFKGDV]XEHZHUNVWHOOLJHQJHGHQNH´ &KDUURQGHU6WLHUQDFNLJHDUEHLWHWHZLHHLQ:LOGHUXPVHLQH9RUJHVHW]WHQVR UDVFKZLHP|JOLFKYHUJHVVHQ]XPDFKHQZLHXQJHVFKLFNWHUVLFKEHLGHU9HUIROJXQJ YRQ6SLIIV.LGQDSSHUDQJHVWHOOWKDWWH 0DQKDWWHLKPGHQ$XIWUDJJHJHEHQGHQ0DQQQDPHQV0DQWXQDXI]XVSUHQ GHUYRQ&KDUURQV+lVFKHUQYRUHLQHP7DJLQ1RUPDQWRQEHREDFKWHWZRUGHQZDU &KDUURQZDUVLFKHUGDHUDXV1RUPDQWRQNHLQHZHLWHUHQ,QIRUPDWLRQHQEH]LHKHQ ZUGH-HW]WNDPHVGDUDXIDQGLHHQJHUH8PJHEXQJYRQ3RUW'RXJODVXQG&DLUQV DE]XVLFKHUQ(U]RJGDKHUVHLQ$JHQWHQQHW]HQJHUXPGHQNULWLVFKHQ3XQNW]XVDPPHQ $Q&KDUURQV6HLWHEHIDQGVLFKGHUJHWUHXH+DQJDM'HU6WLHUQDFNLJHKDWWHVLFK HLQSULYDWHV+DXSWTXDUWLHULQHLQHPJHPLHWHWHQ:RKQJHElXGHDP5DQGGHV 6WlGWFKHQV3RUW'RXJODVHLQJHULFKWHW+LHUOLHIHQGLH)lGHQ]XVDPPHQDQGHQHQHU GDV1HW]VHLQHU6SLW]HOXQG$JHQWHQEHZHJWH(LQHUGHU5lXPHZDUYROOJHSIURSIWPLW .RPPXQLNDWLRQVPLWWHOQ&KDUURQKDWWHVLFKDQ6SLIIV6WHOOHJOHLFK]ZHLWHFKQLVFKH ([SHUWHQ]XJHOHJWGHQQHUXQG+DQJDMZROOWHQUXQGXPGLH8KUDUEHLWHQXQGHLQ 7HFKQLNHUPXWHMHGHU]HLW]XU9HUIJXQJVWHKHQ'HU6WLHUQDFNLJHZDUIDVW XQXQWHUEURFKHQDXIGHQ%HLQHQXQG+DQJDMWDWHVLKPQDFK6LHYHUOLHHQLKU4XDUWLHU VRJXWZLHQLH1DKUXQJZXUGHLKQHQJHEUDFKW(VJDEHLQHRIIHQH 5DGLRNRPYHUELQGXQJ]ZLVFKHQ&KDUURQV+DXSWTXDUWLHUXQGGHQXQWHULUGLVFKHQ 5lXPOLFKNHLWHQGHU%LJ)LVK&RPSDQ\ZR*HQJKRUJHZ|KQOLFK]XHUUHLFKHQZDU ZVRKHNWLVFKH$NWLYLWlW&KDUURQMHGRFKDXFKLP/DXIHGHUOHW]WHQYLHUXQG]ZDQ]LJ 6WXQGHQHQWZLFNHOWKDWWHVRZHQLJ(UIROJKDWWHHUGDIUDXI]XZHLVHQ0DQWXQ%DJJR $UQYLOOVJHKHLPQLVYROOHU+HOIHUVFKLHQZLHYRQGHU(UGHYHUVFKOXFNW6HLWGHPHU 1RUPDQWRQLQQ|UGOLFKHU5LFKWXQJYHUODVVHQKDWWHZDUHUQLUJHQGZRPHKUJHVHKHQ ZRUGHQ'HU6WLHUQDFNLJHEHJDQQDQVHLQHUHLJHQHQ+\SRWKHVH]X]ZHLIHOQ:DU 0DQWXQZLUNOLFKGDUDXIDXVGLH%LJ)LVK&RPSDQ\]XEHUIDOOHQ":HOFKHQ*UXQGKlWWH HUGD]X"+DWWHHUQLFKWYRQ6SLIIHUIDKUHQGD$UQYLOOVLFKOlQJVWQLFKWPHKULQGHU )DEULNEHIDQG"'DPDQLKQLQHLQHGHIHNWH7DXFKHUPRQWXUJHSDFNWXQGLQV.RUDOOHQ 0HHUYHUIUDFKWHWKDWWH" (LQLJHYRQ&KDUURQV/HXWHQKDWWHQVLFKLQ&DLUQVDQJHOHJHQWOLFKQDFK0DQWXQ HUNXQGLJW(UZDUDOV(LJHQEU|WOHUEHNDQQW0DQKLHOWLKQIUHLQHQ([SHUWHQLQ)UDJHQ GHUXQWHUVHHLVFKHQ([SHGLWLRQVWHFKQLN:HQQHUQLFKWPLWHLQHU([SHGLWLRQXQWHUZHJV ZDUKDXVWHHULQHLQHUVFKlELJHQ+XWWHDP6WUDQGRGHUKRFNWHDXIHLQHPGHU %RRWVVWHJH(UVFKLHQNHLQHQ(KUJHL]]XKDEHQ:HOFKHQ*UXQGNRQQWHHLQVROFKHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
0DQQKDEHQGHQ7RGHLQHVDQGHUHQGHQHUHUVWYRUHLQSDDU7DJHQNHQQHQJHOHUQW KDWWHDQHLQHPVRHLQIOXUHLFKHQ8QWHUQHKPHQZLHGHU%LJ)LVK&RPSDQ\]XUlFKHQ" &KDUURQKDWWHXPUXKLJHUQDFKGHQNHQ]XN|QQHQHLQHNOHLQH3DXVHHLQJHOHJW (UVDLQHLQHPEHTXHPHQ6HVVHOLQGHP5DXPLQGHPHU]XVFKODIHQSIOHJWHZDQQ LPPHULKQGLH0GLJNHLWEHUPDQQWH(UZDUDOOHLQ$XIGHP7LVFKYRULKPVWDQGHLQ 3ODVWLNEHKlOWHUPLW%LHUGHQHUVFKRQ]XU+lOIWHJHOHHUWKDWWH(UWUDQNDXFKGHQ5HVW XQGYHUVSUWHNXU]GDUDXIZLHHV%LHUWULQNHUQJHZ|KQOLFKJHKWHLQPHQVFKOLFKHV 5KUHQGHPHUµRKQH=|JHUQQDFKJDE'UDXHQDXIGHP+DXVIOXUEHJHJQHWHHUHLQHP GHUEHLGHQ7HFKQLNHUGHULKP]XYHUVWHKHQJDEGDLQGHU=ZLVFKHQ]HLWNHLQH ZLFKWLJHQ0HOGXQJHQHLQJHODXIHQVHLHQ &KDUURQNHKUWH]XVHLQHP=LPPHU]XUFN(UKDWWHDOVHUHVYHUOLHGDV/LFKW DXVJHVFKDOWHW'UDXHQZXUGHHVUDVFKGXQNHO$OVHUMHW]WXQWHUGHU7UVWDQGJULIIHU QDFKUHFKWVXPPLWGHU+DQGEHUGHQZlUPHVHQVLWLYHQ6FKDOWHU]XZLVFKHQGHUGLH %HOHXFKWXQJEHWlWLJWH (UZDUQRFKPLWWHQLQGHU%HZHJXQJGDK|UWHHUHLQH]LVFKHQGH6WLPPHDXV GHP+LQWHUJUXQGGHV5DXPHV ³+DOWVWLOO.HLQH%HZHJXQJPHKU´ (UVWRFNWH'LH$XJHQNQLIIHUKDOE]XVDPPHQXPEHVVHUVHKHQ]XN|QQHQ'D JODXEWHHUVHLWZlUWVGHV)HQVWHUVZRGLH)LQVWHUQLVDPGLFKWHVWHQZDUHLQH PHQVFKOLFKH*HVWDOWZDKU]XQHKPHQ9RULKUVFKHLQEDUPLWWHQLQGHU/XIWVFKLPPHUWH HWZDV&KDUURQEHJULII'HUOHW]WH*ODQ]GHVVWHUEHQGHQ7DJHVVSLHJHOWHVLFKLQGHP EODQNHQ/DXIHLQHU:DIIH (UOLHGLH$UPHKHUDEVLQNHQ ³7ULWWGXUFKGLH7UEHIDKOGHU8QEHNDQQWH &KDUURQJHKRUFKWH'LH7UVFKORVLFKKLQWHULKP ³-HW]WNDQQVWGXGDV/LFKWDQVFKDOWHQ 'HU6WLHUQDFNLJHKREGLH+DQGHLQ]ZHLWHV0DOXQGOLHVLHEHUGHQ6FKDOWHU JOHLWHQ(VZXUGHKHOO)DVVXQJVORVVWDUUWHHUGHQ0DQQLQGHU(FNHQHEHQGHP)HQVWHU DQ (VZDU0DQWXQ
1DWUOLFK ZXWH QLHPDQG ZHU YRQ GHQ MHW]LJHQ $QJHVWHOOWHQ GHU %LJ)LVK KRFK JHQXJ JHVWHOOW ZDU XP HLQH URWH .DUWH ]X EHVLW]HQ 'DV KHLW 9RQ GHQ UHJXOlUHU $QJHVWHOOWHQ +RV 6DQJUHQH KDWWH DOOHUGLQJV EHPHUNW GD HLQH *UXSSH YRQ )UHPGHQ GLHQDFKVHLQHU$QVLFKWPLWGHU%)&LQHQJHU9HUELQGXQJVWDQGHQDP5DQGHYRQ3RUW 'RXJODV QLFKW PHKU DOV ]ZHL .LORPHWHU YRQ GHQ REHULUGLVFKHQ )DEULNDQODJHQ HQWIHUQW HLQ +DXV JHPLHWHW XQG VLFK GRUW HLQJHULFKWHW KDWWHQ 'LH %HVFKUHLEXQJ GHU /HXWH GLH GRUWKDXVWHQEUDFKWH$UQYLOODXIHLQH,GHH ³6LH VDJHQ GHU HLQH VHL EUHLWVFKXOWULJ XQG VWLHUQDFNLJ 6LHKW HLQHU YRQ VHLQHQ /HXWHQHWZDVRDXVDOVZlUHHUPRQJROLVFKHU$EVWDPPXQJ"´ ³*HQDX´ULHI+RV6DQJUHQH³(LQVFKODQNHUQLFKWEHVRQGHUVJURHU0DQQ´ $UQYLOOQLFNWH ³'DVZDUHQGLHEHLGHQ+DXSWDNWHXUHGHU*UXSSHGLHPLFKJHIDQJHQQDKP6SLII JHK|UWHXUVSUQJOLFKHEHQVRGD]X´
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
)UHLQLJH6WXQGHQEHUQlKPHQ+RV6DQJUHQHXQGGDV0lGFKHQDEZHFKVHOQG GLHhEHUZDFKXQJGHV+DXVHV$PVSlWHQ1DFKPLWWDJEHREDFKWHWH6DQJUHQHZLHHLQHU GHU %HZRKQHU GDV *HElXGH YHUOLH XQG ]XU %)& KLQEHUIXKU (U EHGLHQWH VLFK GD]X HLQHVNOHLQHQ*OHLWIDKU]HXJHV$P7RU]HLJWHHUGHP5RERWHUHLQH.DUWHGHUHQ)DUEH +RV DXV GHU (QWIHUQXQJ MHGRFK QLFKW DXVPDFKHQ NRQQWH )U %DJJR $UQYLOO MHGRFK EHVWDQG NHLQ =ZHLIHO GDUDQ GD YRQ GHQ YLHU /HXWHQ GLH LQ GHP +DXV ZRKQWHQ ZHQLJVWHQVGHU6WLHUQDFNLJHXQGGHU0RQJROHURWH.lUWFKHQEHVDHQ 'DV+DXVVFKLHQQLFKWEHVRQGHUVJHVLFKHUW]XVHLQ'HU6WLHUQDFNLJHYHUOLHVLFK GDUDXIGDVLFKLQ3RUW'RXJODVQLHPDQGDP(LJHQWXPXQGGHQ$QJHVWHOOWHQGHU%LJ )LVK&RPSDQ\]XYHUJUHLIHQZDJHQZUGH'DV*HElXGHVFKORPLWGHU5FNZDQGDQ HLQHQ NOHLQHQ *DUWHQ DQ GHQ VFKRQ VHLW -DKUHQ NHLQHV *lUWQHUV +DQG PHKU EHUKUW KDWWH (U ERW 0DQWXQ GHP GHU 9ROO]XJ GHV QlFKWOLFKHQ 9RUVWRHV REODJ HLQ YRU]JOLFKHV 9HUVWHFN ,Q HLQHP XQEHREDFKWHWHQ $XJHQEOLFN VHW]WH 0DQWXQ EHU GLH QLHGULJH 0DXHU GLH GHQ *DUWHQ XPJDE XQG ZDUWHWH LP 6FKXW]H HLQHV *HElXGHV DXI GHQ6RQQHQXQWHUJDQJ $OV HV GXQNHO ZXUGH IODPPWHQ KLQWHU PHKUHUHQ )HQVWHUQ GHV *HElXGHV GLH %HOHXFKWXQJHQ DXI 0DQWXQ QDKP DQ GD VLFK LP (UGJHVFKR LQ GHU +DXSWVDFKH GLH $UEHLWVUlXPH EHIDQGHQ ZlKUHQG GLH 5lXPOLFKNHLWHQ LQ GHQHQ GLH %HZRKQHU DHQ VFKOLHIHQ XQG VRQVWLJHQ SULYDWHQ %HVFKlIWLJXQJHQ QDFKJLQJHQ LP HUVWHQ 6WRFN OLHJHQ PXWHQ 'D GLH $UEHLW LP +DXVH ZHLWHU]XJHKHQ VFKLHQ QDKP HU VLFK YRU GXUFK HLQ )HQVWHU GHV HUVWHQ 6WRFNV HLQ]XVWHLJHQ 'DV 5LVLNR EHPHUNW ]X ZHUGHQ ZDU GRUW JHULQJHU,P2EHUVWRFNEUDQQWHKLQWHUHLQHPHLQ]LJHQ)HQVWHUGDV/LFKW$OVHVHUORVFK PDFKWH0DQWXQVLFKDQGLH$UEHLW'HU$XIVWLHJEHUHLWHWHLKPNHLQH6FKZLHULJNHLW'LH UFNZlUWLJH +DXVZDQG KDWWH 8QHEHQKHLWHQ XQG 9RUVSUQJH JHQXJ DQ GHQHQ HU VLFK +DOW YHUVFKDIIHQ NRQQWH (U YHUGDPSIWH GDV VFKZHUH *ODVVLWIHQVWHU PLW +LOIH HLQHV 'HVLQWHJUDWRUVGHUPLW]XVHLQHQ(LQEUHFKHUZHUN]HXJHQJHK|UWHXQGVFKZDQJVLFKLQ GHQGXQNOHQ5DXP(UKDWWHNDXP)XJHIDWGDK|UWHHU6FKULWWHGLHVLFKGHU7U]X QlKHUQVFKLHQHQ'LH7UJOLWWDXI(LQHEUHLWVFKXOWULJH.RQWXUHUVFKLHQXQWHUGHUKHOOHQ gIIQXQJ(LQ$UPVWUHFNWHVLFKDXVGLH+DQGYHUVXFKWHEHUGHQ6FKDOWHU]XIDKUHQ ³+DOWVWLOO´EHIDKO0DQWXQLQGLHVHP$XJHQEOLFN³.HLQH%HZHJXQJPHKU´ 'HU%UHLWVFKXOWULJHJHKRUFKWH(UVFKLHQGLH:DIIHLQ0DQWXQV+DQGEHPHUNW]X KDEHQ ³7ULWWGXUFKGLH7U´OlXWHWH0DQWXQVQlFKVWHU%HIHKO $XFKHUZXUGHEHIROJW ³-HW]WNDQQVWGXGDV/LFKWDQVFKDOWHQ 'LH 7U VFKOR VLFK (V ZXUGH VWLOO -D GDV ZDU GHU 6WLHUQDFNLJH GHU %DJJR $UQYLOO HQWIKUW KDWWH XQG GHU /HLWHU GHU ([SHGLWLRQ JHZHVHQ ZDU GHU DXFK 6SLII DQJHK|UWKDWWH ³,FKVROOGLUHLQHQVFK|QHQ*UXYRQ6SLIIDXVULFKWHQ´VDJWH0DQWXQ³(UKDWIU VHLQH 6QGHQ JHEW XQG EHUOHJW VLFK MHW]W RE HU LQ VHLQHP QlFKVWHQ 'DVHLQ QLFKW GRFKHLQHQDQGHUHQ%HUXIHUJUHLIHQVROO´ ³:DVZLOOVWGX"´NQXUUWHGHU6WLHUQDFNLJH ³'LFKXQGGHLQHGUHL.XPSDQH´DQWZRUWHWH0DQWXQKDUW ³'XELVWYHUUFNW'XNDQQVWQLFKWHLQIDFKKLHUKHUHLQ´ 0DQWXQKDWWHGLH0QGXQJGHV'HVLQWHJUDWRUVQDFKXQWHQJHULFKWHWXQGYHUJDVWH HLQHNOHLQH)OlFKHGHV)XERGHQVXQPLWWHOEDUYRUGHQ6WLHIHOVSLW]HQGHV6WLHUQDFNLJHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
'HU 0DQQ VSUDQJ HQWVHW]W ]XU 6HLWH $XV VFKUHFNJHZHLWHWHQ $XJHQ VWDUUWH HU GHQ (LQGULQJOLQJDQ(UEHJDQQ]XJODXEHQGDHV0DQWXQHUQVWZDU ³5XI HLQHQ GHLQHU /HXWH KHUHLQ´ EHIDKO 0DQWXQ ³$P EHVWHQ GHQ 0RQJROHQ 'DQQWULWWKHU]XPLU´ 'HU6WLHUQDFNLJH|IIQHWHGLH7U ³+DQJDM´ULHIHU 1DFKHLQHU:HLOHNDPYRQXQWHQHLQH6WLPPH ³:HUUXIW"´ ³&KDUURQ.RPPLQPHLQ=LPPHU´ 6FKULWWH NDPHQ YRQ XQWHQ KHUDXI &KDUURQ VFKULWW TXHU GXUFK GHQ 5DXP XQG EDXWH VLFK YRU 0DQWXQ DXI VR GD HU GLHVHQ QDKH]X YHUGHFNWH 0DQWXQ OLH GHQ 'HVLQWHJUDWRULQGLHOLQNH+DQGZHFKVHOQXQGQDKPGHQNOHLQHQ6FKRFNHULQGLHUHFKWH 'LH7UKDWWHVLFKJHVFKORVVHQDOV&KDUURQVLFKYRQLKUHQWIHUQWH-HW]W|IIQHWHVLHVLFK YRQQHXHP'HU0RQJROHHUVFKLHQXQWHUGHUgIIQXQJ(UZDUI&KDUURQHLQHQIUDJHQGHQ %OLFN]X$OV0DQWXQVLFKKLQWHUVHLQHU'HFNXQJKHUYRUEHXJWHXPGHQNULWLVFKHQ6FKX DQ]XEULQJHQ KXVFKWH SDQLNDUWLJHV (QWVHW]HQ EHU GDV JHEUlXQWH *HVLFKW =X HLQHU ZHLWHUHQ5HDNWLRQNDP+DQJDMMHGRFKQLFKWPHKU'HU6FKRFNHUVDQJKHOO'HU0RQJROH VWU]WHEHZXWORV]X%RGHQ0DQWXQZLFKHLQHQ6FKULWWYRQGHP6WLHUQDFNLJHQ]XUFN XQG YHUDEUHLFKWH DXFK LKP HLQH JHK|ULJH 'RVLV 6FKRFNVWUDKOXQJ bFK]HQG JLQJ &KDUURQLQGLH.QLH6HLQH$XJHQZXUGHQJODVLJGLH/LGHUIODWWHUWHQGDQQZDUDXFKHU RKQH%HZXWVHLQ 0DQWXQ ]HUUWH GHQ 0RQJROHQ GHU XQWHU GHU 7U JHVWU]W ZDU LQ GHQ 5DXP KHUHLQ 'HU .UDFK GHQ &KDUURQV VFKZHUHU .|USHU EHLP $XISUDOO YHUXUVDFKW KDWWH VFKLHQXQWHQJHK|UWZRUGHQ]XVHLQ(LQHIUDJHQGH6WLPPHULHIKHUDXI ³:DVJHKWGDREHQYRU"%UDXFKHQ6LH+LOIH"´ 0DQWXQQDKPGLH*HOHJHQKHLWZDKU ³-DNRPP¶UDXI´VFKULHHU]XUFN (UPDFKWHVLFKQLFKWPHKUGLH0KHVLFK]XYHUVWHFNHQ$OVGHU0DQQGHQ*DQJ EHWUDWVWUHFNWHHULKQQLHGHU'HQOHW]WHQ%HZRKQHUGHV+DXVHVEHUZlOWLJWHHULQGHP HULP(UGJHVFKRLQHLQHQPLW.RPPXQLNDWLRQVJHUlWHQYROOJHSIURSIWHQ5DXPHLQGUDQJ XQG GHQ 0DQQ GHU PLW GHU -XVWLHUXQJ HLQHV 5DGLRNRP6HQGHUV EHVFKlIWLJW ZDU HLQH NUlIWLJH6FKRFNGRVLVYHUDEUHLFKWH1LFKWRKQH0KHVFKOHSSWHHUGLHGUHL%HZXWORVHQ DXV GHP HUVWHQ 6WRFN QDFK XQWHQ (LQH JHZLVVHQKDIWH 'XUFKVXFKXQJ LKUHU 7DVFKHQLQKDOWH I|UGHUWH MHZHLOV ]ZHL URWH XQG ]ZHL EODXH 3ODVWLNSOlWWFKHQ ]XWDJH²GLH URWHQ EHL &KDUURQ XQG +DQJDM 'DPLW ZDU GHU HUVWH 7HLO YRQ 0DQWXQV $XIWUDJ HUOHGLJW 'HU ]ZHLWH EHVWDQG GDULQ GD HU GHQ *HJQHU EHU GLH 9RUIl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lFKVWHQ $XJHQEOLFN MHPDQG YRQ GHU %)& DXIWDXFKHQ ZUGH XP HLQHQ GHU +DXVEHZRKQHU DE]XO|VHQ (U ZDUHUOHLFKWHUWDOVHUHQGOLFKGHQOHW]WHQ%HZXWORVHQHLQJHODGHQKDWWHXQGVLFKKLQWHU GDV6WHXHUVHW]HQNRQQWH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(U ]RJ GHQ *OHLWHU LQ GLH +|KH XQG IORJ EHU GLH %HUJH KLQZHJ ODQGHLQZlUWV 1DFKHLQHU:HLOHJLQJHUDXI6GZHVWNXUV,QGHQ+JHOQGHU*UHJRU\5DQJHOXGHUGLH LPPHU QRFK %HZXWORVHQ DXV 6LH ZUGHQ HUVW LQ YLHU RGHU IQI 6WXQGHQ ]X VLFK NRPPHQ XQG GDQQ ZXWHQ VLH QRFK QLFKW HLQPDO ZR VLH ZDUHQ 'DV +JHOODQG ZDU QLFKWEHVLHGHOW'LHQlFKVWH6WDGW3HUF\YLOOHZDUYLHU]LJ.LORPHWHUHQWIHUQW (V ZUGH HLQH =HLWODQJ GDXHUQ ELV &KDUURQ +DQJDM XQG GLH EHLGHQ 7HFKQLNHU ZLHGHULQGDV*HVFKHKHQXPGLH%LJ)LVK&RPSDQ\ZUGHQHLQJUHLIHQN|QQHQ
*HQJKRUZXQGHUWHVLFKHUVWDPQlFKVWHQ0RUJHQZDUXPHUVRODQJHQLFKWVPHKU YRQ&KDUURQJHK|UWKDWWH(UULHILKQDQHUKLHOWMHGRFKNHLQH$QWZRUW'DVEHXQUXKLJWH LKQ DXIV K|FKVWH (U VFKLFNWH ]ZHL 0DQQ DXV GLH /DJH ]X HUNXQGHQ 6LH IDQGHQ GDV +DXVOHHU 'HU+DJHUHQDKPGHQ%HULFKWVHLQHU6HQGERWHQDP5DGLRNRUQHQWJHJHQ(LQHQ $XJHQEOLFN ODQJ ]RJ HU GLH 0|JOLFKNHLW LQ (UZlJXQJ GD GHU 6WLHUQDFNLJH DXV )XUFKW YRU GHU 6WUDIH GLH LKQ ZHJHQ VHLQHV 9HUVDJHQV LP =XVDPPHQKDQJ PLW 6SLIIV (QWIKUXQJ HUZDUWHWH JHIORKHQ ZDU -HGRFK YHUZDUI *HQJKRU GHQ *HGDQNHQ UDVFK &KDUURQ KlWWH +DQJDM GHQ 0RQJROHQ ZRKO NDXP ]XU )OXFKW EHUUHGHQ N|QQHQ XQG GHQEHLGHQ7HFKQLNHUQZlUHHLQVROFKHU9RUVFKODJYROOHQGVQlUULVFKYRUJHNRPPHQ ³6HKWHXFKJHQDXXPEHIDKO*HQJKRFGDKHUGHQEHLGHQ0lQQHUQ 'DQQZDUWHWHHU1DFKHWZD]ZDQ]LJ0LQXWHQPHOGHWHQVLFKGLH0lQQHUZLHGHU 6LH KDWWHQ LP HUVWHQ 6WRFN HLQ =LPPHU JHIXQGHQ GHVVHQ )HQVWHU NHLQ *ODVVLW PHKU HQWKLHOW ,Q GHPVHOEHQ =LPPHU JDE HV HLQH 6WHOOH YRQ GHU GHU )XERGHQEHODJ YHUVFKZXQGHQZDU'DVZDUHQNlUJOLFKH+LQZHLVHDEHU*HQJKRUYHUVWDQGHVWURW]GHP VLFKHLQHQ5HLPGDUDXI]XPDFKHQ 'HU *HJQHU ZDU LQ GDV *HElXGH HLQJHGUXQJHQ XQG KDWWH GLH YLHU %HZRKQHU JHIDQJHQJHQRPPHQ XQG IRUWJHVFKOHSSW 'LH $EVLFKW GLH VLFK KLQWHU GLHVHP $QVFKODJ YHUEDUJ EOLHE *HQJKRU ]XQlFKVW XQEHNDQQW 2GHU NRQQWH HV GHU )HLQG DXI GLH 3ODVWLNPDUNHQ DEJHVHKHQ KDEHQ GLH MHGHU GHU YLHU *HIDQJHQHQ EHL VLFK WUXJ XQG GLH ]XP %HWUHWHQ GHV )DEULNJHOlQGHV GHU %)& EHUHFKWLJWHQ" 'LHVH $QQDKPH HUVFKLHQ SODXVLEHO²XPVRPHKUVRMHOlQJHUGHU+DJHUHGDUEHUQDFKGDFKWH *HQJKRU RUGQHWH HLQH VRIRUWLJH 6SHUUXQJ VlPWOLFKHU )DEULN]XJlQJH DQ 1XU $UEHLWHU PLW ZHLHQ 0DUNHQ GXUIWHQ QRFK HLQJHODVVHQ ZHUGHQ GHQQ ZHLH 0DUNHQ KDWWH GHU )HLQG QLFKW LQ VHLQHQ %HVLW] EULQJHQ N|QQHQ 'LH %HVLW]HU EODXHU XQG URWHU 0DUNHQVROOWHQMHGRFKIHVWJHKDOWHQZHUGHQELVLKUH,GHQWLWlWHLQZDQGIUHLIHVWVWDQG'LH %LJ)LVK &RPSDQ\ EHGLHQWH VLFK QRFK LPPHU GHUVHOEHQ :DFKURERWHU GLH GHU 9RUJlQJHU GHV MHW]LJHQ %HVLW]HUV HLQJHIKUW KDWWH (V ZDUHQ YHUJOHLFKVZHLVH XQNRPSOL]LHUWH 0DVFKLQHQ GLH ZHLWHU QLFKWV YHUPRFKWHQ DOV PDJQHWLVFKH (LQVFKOVVH DXI GHU 2EHUIOlFKH GHU 0DUNHQ ]X HUNHQQHQ XQG GDV %LOG DXI GHU .DUWH PLW GHU (UVFKHLQXQJ GHV .DUWHQWUlJHUV ]X YHUJOHLFKHQ 'DV 9HUDUEHLWHQ RSWLVFKHU (LQGUFNH ZDU MHGRFK QRFK LPPHU HLQH GHU DP VFKZlFKVWHQ HQWZLFNHOWHQ )lKLJNHLWHQ GHU (OHNWURQLN *HQJKRU ZXWH QLFKW ZLH ZHLW HU VLFK LQ GLHVHU %H]LHKXQJ DXI GLH :DFKURERWHUYHUODVVHQNRQQWH(UVFKLFNWH$EWHLOXQJHQYRQMHIQI0DQQDQMHGHQGHU )DEULNHLQJlQJHXPGLH%HVLW]HUYRQEODXHQXQGURWHQ.DUWHQJHQDXLQ$XJHQVFKHLQ]X QHKPHQEHYRUVLHVLHHLQOLHHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
$XIGHUDQGHUHQ6HLWHPXWHDXFKGDPLWJHUHFKQHWZHUGHQGDGHU)HLQGGDV )DEULNJHOlQGHEHUHLWVEHWUHWHQKDWWH'HQ:DFKURERWHUQREODJGDVLHGLH,GHQWLWlWGHU $QJHVWHOOWHQ EHLP %HWUHWHQ XQG EHLP 9HUODVVHQ GHV )DEULNJHOlQGHV EHUSUIWHQ XQG UHJLVWULHUWHQ HLQ 7HLO GHU /RKQEXFKKDOWXQJ $XV GHQ $UEHLWV]HLWHQ GLH GLH 5RERWHU LQ LKUHQ 6SHLFKHUQ DXI]HLFKQHWHQ ZXUGH GHU /RKQ HUPLWWHOW GHQ GLH )LUPD DQ LKUH $UEHLWQHKPHU ]DKOWH *HQJKRU RUGQHWH DQ GD GLH 6SHLFKHU GHU :DFKURERWHU XQYHU]JOLFK DEJHIUDJW ZUGHQ $XV LKQHQ PXWH VLFK HUJHEHQ RE 3HUVRQHQ GLH GLH 5RERWHUIlOVFKOLFKHUZHLVHIU&KDUURQ+DQJDMRGHUHLQHQGHUEHLGHQ7HFKQLNHUKLHOWHQ GDV)DEULNJHOlQGHEHWUHWHQKDWWHQXQGREVLHVLFKZRP|JOLFKQRFKGRUWDXIKLHOWHQ :lKUHQG HU DXI GDV (UJHEQLV GLHVHU 8QWHUVXFKXQJ ZDUWHWH JUEHOWH *HQJKRU EHU HLQHU ZHLWHUHQ )UDJH QDFK 6ROOWH HU GHP *UDXHQ YRU GHP QHXHUOLFKHQ 0LJHVFKLFNEHULFKWHQ"(UKDWWHGHV|IWHUHQQLFKWHUVWEHL&KDUURQVOHW]WHP9HUVDJHU ]X K|UHQ EHNRPPHQ GD GHU )DNWRU MHGHUPDQQ IU GLH /HLVWXQJHQ VHLQHU 8QWHUJHEHQHQYHUDQWZRUWOLFKPDFKWH&KDUURQGHU6WLHUQDFNLJHXQWHUVWDQGXQPLWWHOEDU *HQJKRUV %HIHKO :HQQ HU VR GXPP JHZHVHQ ZDU VLFK EHUUXPSHOQ XQG JHIDQJHQQHKPHQ]XODVVHQXQGZHQQGDUDXVGHP8QWHUQHKPHQHLQH*HIDKUHQWVWDQG GDQQZDUHU*HQJKRULQHLJHQHU3HUVRQGDIUYHUDQWZRUWOLFK (V VFKDXGHUWH LKQ EHL GHP *HGDQNHQ PLW HLQHP VROFKHQ *HVWlQGQLV YRU GHQ *UDXHQKLQWUHWHQ]XPVVHQ(UVSUWHIDVWGLHVXJJHVWLYHQK\SQRWLVFKHQ6FKDXHUGLH VLFK EHU LKQ HUJLHHQ ZUGHQ 6FKDXHU YRQ )XUFKW 7RGHVDQJVW (UQLHGULJXQJ (U HQWVFKLHGGDHUGLH+LREVERWVFKDIW]XQlFKVWIUVLFKEHKDOWHQZROOH *HJHQHOI8KUHUKLHOWHUGDV(UJHEQLVGHU%HIUDJXQJGHU5RERWVSHLFKHU.HLQHU GHU *HVXFKWHQ KDWWH VHLW DFKW]HKQ 8KU DP YHUJDQJHQHQ 7DJ GDV )DEULNJHOlQGH EHWUHWHQ 'DV EHGHXWHWH GD *HQJKRU QRFK NXU] QDFK DFKW]HKQ 8KU PLW &KDUURQ JHVSURFKHQ KDWWH GD GHU )HLQG QRFK NHLQH *HOHJHQKHLW JHIXQGHQ KDWWH GHQ 9RUWHLO GHU LKP PLW GHU (UEHXWXQJ GHU ,'0DUNHQ SUDNWLVFK LQ GLH +lQGH JHIDOOHQ ZDU DXV]XQXW]HQ (UKDWWHGDV,QQHUHGHU%LJ)LVK&RPSDQ\QRFKQLFKWEHWUHWHQ
'DDOOHUGLQJVWlXVFKWHVLFK*HQJKHU 1DFKGHP 0DQWXQ GLH YLHU %HZXWORVHQ LQ GHU *UHJRU\ 5DQJH DEJHVHW]W KDWWH ZDU HU LQ ZHLWHP %RJHQ QDFK 1RUGHQ JHIORJHQ XQG KDWWH VFKOLHOLFK GLH .VWHQVWUDH YRQ&RRNWRZQQDFK&DLUQVHUUHLFKW9RQ1RUGHQNRPPHQGZDUHUJHJHQ0LWWHUQDFKWLQ 'DLQWUHHHLQJHIDKUHQXQGSDUNWHGHQ*OHLWHULQ+RV6DQJUHQHV*DUDJH ,Q]ZLVFKHQ ZDUHQ $UQYLOO XQG GLH EULJHQ %HZRKQHU µGHU 6DQJUHQH)DUP HLIULJ WlWLJ JHZHVHQ 'DV (UJHEQLV LKUHU 0KHQ ZDUHQ ]ZHL YDULDEOH SURJUDPPLHUEDUH 3XOVJHEHUGLHGHU'HWHNWLYDXV%HVWDQGWHLOHQGLHLKP6DQJUHQHXQG(HOD(HODDXVGHU 6WDGW EHVRUJW KDWWHQ ]XVDPPHQJHEDXW KDWWH 6LH ZDUHQ QLFKW JU|HU DOV HLQ GLFNHV 7DVFKHQWXFK PDQ NRQQWH VLH EHTXHP WUDQVSRUWLHUHQ XQG YHUEHUJHQ XQG WURW]GHP OHLVWHWHQVLH(UVWDXQOLFKHV *HJHQ HLQ 8KU PRUJHQV EUDFKHQ GLH 0lQQHU XQG GDV 0lGFKHQ DXI 6LH KDWWHQ VLFKPLW:HUN]HXJHQDOOHU$UWEHZDIIQHWXQGIXKUHQLQHLQHP*OHLWHUGHQ+RV6DQJUHQH ]XU9HUIJXQJJHVWHOOWKDWWHXQGDXFKVHOEVWVWHXHUWH6DQJUHQHKDWWHLQ]ZLVFKHQVHLQH 6NL]]H GHU REHULUGLVFKHQ )DEULNDQODJHQ ZHVHQWOLFK HUJlQ]W 'LH SURYLVRULVFKH .DUWH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
]HLJWHQXQDXHUKDOEGHV(QHUJLH]DXQHV²LQGHU1lKHGHVHKHPDOLJHQYLHUWHQ7RUHV²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lWH HLQ (V VWUDKOWH LQQHUKDOE NXU]HU =HLW HLQH 9LHO]DKO YHUVFKLHGHQHU ,PSXOVNRPELQDWLRQHQ DE YRQ GHQHQ HLQH ZHQQ $UQYLOO *OFN KDWWH GLHMHQLJH ZDU GLH GHQ GHVDNWLYLHUWHQ 6FKDOWPHFKDQLVPXV ]X QHXHP /HEHQ HUZHFNWH'DV*HUlWGHVVHQ$UQYLOOVLFKMHW]WEHGLHQWHZDUHWZDVNRPSOL]LHUWHUDOVGDV DQGHUH (V HQWKLHOW HLQ 0HJHUlW GDV DQ]HLJWH RE GLH DEJHVWUDKOWHQ ,PSXOVH HLQIDFK UHIOHNWLHUWRGHUDEVRUELHUWZXUGHQ:XUGHQVLHDEVRUELHUWGDQQEHGHXWHWHGDVGDVLH HLQHQ(PSIlQJHUJHIXQGHQKDWWHQGHUGXUFKVLHDQVSUHFKEDUZDU'DVDEHUNRQQWHQXU GHU6FKDOWPHFKDQLVPXVGHVYLHUWHQ7RUHVVHLQGHQQGLH5HLFKZHLWHGHV,PSXOVJHEHUV ZDUDEVLFKWOLFKHQJEHJUHQ]WVRGDHUQLFKWJHRUWHWZHUGHQNRQQWH (V YHUJLQJ HLQH 6WXQGH ELV %DJJR $UQYLOO GDV =HLFKHQ HUKLHOW GD HLQH GHU DEJHVWUDKOWHQ ,PSXOVNRPELQDWLRQHQ LKU =LHO JHIXQGHQ KDWWH :HQQ VHLQH +\SRWKHVH ULFKWLJZDUGDQQEHIDQGVLFKQXQGHU6FKDOWPHFKDQLVPXVGHV7RUHVZLHGHULQ7lWLJNHLW -HW]W NDP HV QXU GDUDXI DQ LKP GHQ %HIHKO ]XP gIIQHQ GHV 7RUHV ]X JHEHQ 'HU ,PSXOVJHEHU WUDW YRQ QHXHP LQ 7lWLJNHLW ,Q UDVHQGHU 6FKQHOOH VSXOWH HU NXU]H ,PSXOVNRPELQDWLRQHQDEXQGVWUDKOWHVLHLQ5LFKWXQJGHV6FKDOWPHFKDQLVPXV'LHVPDO OLHGHU(UIROJQLFKWVRODQJHDXIVLFKZDUWHQ'LH.RPELQDWLRQGHVgIIQXQJVEHIHKOVZDU QLFKWVRNRPSOL]LHUWZLHGLHGHV$NWLYLHUXQJVNRPPDQGRV'HU=DXQEHJDQQSO|W]OLFK]X IODFNHUQ(LQHIQI0HWHUEUHLWH/FNHHQWVWDQG$UQYLOOVSUDQJDXI ³:LUVLQGVRZHLWVWLHHUKHUYRU³/RVKLQGXUFK´ 6LH KDWWHQ DXI VHLQ .RPPDQGR JHZDUWHW XQG SUHVFKWHQ ORV QRFK EHYRU HU GDV OHW]WH :RUW ]X (QGH JHVSURFKHQ KDWWH +RV 6DQJUHQHV %HREDFKWXQJ ZDU ULFKWLJ JHZHVHQ8QPLWWHOEDUKLQWHUGHU(QHUJLHZDQGODJHLQGLFKWHV*HK|O]GDVLP/DXIGHU YHUJDQJHQHQ 0RQDWH KLHU LQ GLH +|KH JHVFKRVVHQ VHLQ PXWH 'LH )UXFKWEDUNHLW GHV GXUFK)LVFKDEIlOOHJHGQJWHQ%RGHQVXQGGDVZDUPIHXFKWHWURSLVFKH.OLPDKDWWHQDXI HLQHU HQJ EHJUHQ]WHQ )OlFKH GLH YRQ GHU %)& DQVFKHLQHQG QLFKW JHQXW]W ZXUGH HLQ 6WFNYHUILO]WHQ'VFKXQJHOVHQWVWHKHQODVVHQ %DJJR$UQYLOOEOLHEVWHKHQ ³+DOWHWDQ´EHIDKOHU³'LH*UDEZHUN]HXJHEUDXFKHQZLUQLFKW/DWVLHGUDXHQ´ (U KDWWH ]XHUVW YRUJHKDEW HLQH $UW 8QWHUVWDQG ]X JUDEHQ GHU VR DEJHGHFNW ZHUGHQ NRQQWH GD HU VLFK YRQ GHP EULJHQ %RGHQ QLFKW XQWHUVFKLHG 'DV ZDU MHW]W
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
XQQ|WLJ JHZRUGHQ 'DV *HK|O] ZDU VR GLFKW GD VLH VLFK PKHORV GDULQ YHUEHUJHQ NRQQWHQ +RV 6DQJUHQH XQG (HOD(HOD GLH GLH :HUN]HXJH WUXJHQ NHKUWHQ XP ,Q]ZLVFKHQ EDKQWHQ VLFK 0DQWXQ XQG 5HLQKHLPHU YRUVLFKWLJ VR GD YRQ DXHQ P|JOLFKVWZHQLJ]XVHKHQZDUHLQHQ:HJLQV,QQHUHGHV*HVWUSSV%DJJR$UQYLOOEOLHE LP)UHLHQXQGVLFKHUWH1RFKZDUQLFKWJHZLGDGDVgIIQHQGHVVWLOOJHOHJWHQ7RUHV QLFKW EHPHUNW ZRUGHQ ZDU 'LH =DXQOFNH ZDU ]XPLQGHVW DXV GHU 1lKH GHXWOLFK ]X VHKHQ$OOHUGLQJVHUKREVLFKXQPLWWHOEDUGDYRUGDV*HK|O]XQGYHUGHFNWHGHQ$XVEOLFN 6DQJUHQHXQGGDV0lGFKHQNDPHQPLWOHHUHQ+lQGHQ]XUFN ³6LHEHLGHWUHWHQMHW]WGHQ5FN]XJDQ´WUXJGHU'HWHNWLYLKQHQDXI³9RQMHW]WDQ LVW GLHV 0DQWXQV 5HLQKHLPHUV XQG PHLQH $QJHOHJHQKHLW ,FK P|FKWH QLFKW GD 6LH GDULQYHUZLFNHOWZHUGHQ6LHNHQQHQGHQ3ODQ:HQQZLU+LOIHEUDXFKHQUXIHQZLU6LH EHU5DGLRNRUQ¶ (UGUFNWH+RV6DQJUHQHGHQHUVWHQ,PSXOVJHEHULQGLH+DQG ³+LHU EHQW]HQ 6LH GDV ZHQQ 6LH HLQHV 7DJHV GHU XQZLGHUVWHKOLFKH :XQVFK SDFNW XQEHPHUNW LQ GLH )DEULN HLQ]XGULQJHQ 2GHU ZHQQ 6LH XQV ]X +LOIH NRPPHQ PVVHQ 'DV $NWLYLHUXQJVNRPPDQGR XQG GHU gIIQXQJVEHIHKO VLQG HLQJHUDVWHW 6LH EUDXFKHQQXUGHU5HLKHQDFKGLHVHEHLGHQ7DVWHQ]XGUFNHQGDVLVWDOOHV´ ³+|UWVLFKZLHHLQ$EVFKLHGDQ´JULQVWH6DQJUHQH³.ULHJHLFK6LHQLFKWPHKU]X VHKHQ"´ ³,FK ZHL HV QLFKW¶ DQWZRUWHWH %DJJR $UQYLOO HUQVW ³.RPPW GDUDXI DQ ZLH GLH 'LQJH VLFK KLHU HQWZLFNHOQ $XI MHGHQ )DOO P|FKWH LFK PLFK EHL ,KQHQ EHGDQNHQ +RV 8QGDXFKEHLGLU0lGFKHQ´ (UVDKGHQEHLGHQQDFKZLHVLHGXUFKGLH=DXQOFNH]XUFNNHKUWHQ'DQQQDKP HUGHQ]ZHLWHQ,PSXOVJHEHU]XU+DQGXQGVFKORGDV7RU'HU(QHUJLH]DXQODJZLHGHU VRGDZLH]XYRU1LHPDQGGHUMHW]WNDPNRQQWHDKQHQGDKLHUYRUNXU]HPGUHL/HXWH DXIGDV)DEULNJHOlQGHHLQJHGUXQJHQZDUHQ8PVHLQHU6DFKHVLFKHU]XVHLQEHWlWLJWH $UQYLOO GHQ ,PSXOVJHEHU QRFK ]ZHLPDO XQG |IIQHWH XQG VFKOR GDV 7RU YRQ QHXHP (U ZXWHMHW]WGDHUVLFKDXIGDVNOHLQH*HUlWYHUODVVHQNRQQWH 0DQWXQXQG5HLQKHLPHUKDWWHQLQ]ZLVFKHQHLQ9HUVWHFNKHUJHULFKWHW(VODJVR GD PDQ ZHQQ PDQ VLFK HUKRE EHU GDV 8QWHUKRO] KLQZHJ HLQHQ 7HLO GHV )DEULNJHOlQGHVHLQVHKHQNRQQWH$UQYLOOQDKPHLQLQIUDURWHPSILQGOLFKHV*ODV]XU+DQG XQGEHUIORJGLH6]HQH(UVDKHLQ]HOQH:DFKURERWHUGLHUHJORVGDVWDQGHQXQGGDUDXI ZDUWHWHQ GD LUJHQGHLQH 8QUHJHOPlLJNHLW LKU %HZXWVHLQ DNWLYLHUWH 9RU GHQ *XEHWRQVWXW]HQ GHU $XI]XJVFKlFKWH ZDUWHWHQ 7UDQVSRUWURERWHU 9RQ =HLW ]X =HLW |IIQHWH VLFK HLQ 6FKDFKW 'HU ]XVWlQGLJH 5RERW QDKP GLH LQ GHU $XI]XJNDELQH HQWKDOWHQH /DGXQJ DXI XQG WUDQVSRUWLHUWH VLH ]X GHP (LQZXUI HLQHU GHU 9HUDUEHLWXQJVDQODJHQ ZR HU VLH ZLHGHU DEOXG 'LH 9HUDUEHLWXQJVDQODJHQ ZDUHQ LQ ODQJJHVWUHFNWHQ IODFKHQ *HElXGHQ XQWHUJHEUDFKW 6LH ZDUHQ LP DOOJHPHLQHQ HLQJHVFKRVVLJKDWWHQMHGRFKLQUHJHOPlLJHQ$EVWlQGHQPHKUVW|FNLJH$XIEDXWHQGLH ZLH PLWWHODOWHUOLFKH :HKUWUPH ZLUNWHQ :DKUVFKHLQOLFK ZDUHQ GRUW GLH .RQWUROOPHFKDQLVPHQ XQWHUJHEUDFKW (V JDE LQVJHVDPW VHFKV 9HUDUEHLWXQJVDQODJHQ $P (QGH HLQHU MHGHQ HUKRE VLFK HLQ ]ZHLKXQGHUW 0HWHU KRKHU 6LOR $XHUGHP IKUWH YRQ MHGHU 9HUDUEHLWXQJVDQODJH HLQ EHU GUHL 0HWHU GLFNHV 5RKU DXV 3ODVWLNPHWDOO ]X HLQHPPDVVLJZLUNHQGHQ*HElXGHGDVZLH$UQYLOOVLFKHULQQHUWHDXI+RV6DQJUHQHV 6NL]]H DOV 0OONRQ]HQWUDWLRQVDQODJH JHNHQQ]HLFKQHW ZDU 'RUW YHUHLQLJWHQ VLFK GLH $EIlOOH GLH GLH VHFKV 9HUDUEHLWXQJVDQODJHQ HU]HXJWHQ 'HU 0OO ZXUGH YRUEHKDQGHOW
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
XQGGDQQZLHGHUXPYRQ7UDQVSRUWURERWHUQ]XU$QODJHIU0OO]HUVHW]XQJJHEUDFKWGLH LQ HLQHP IODFKHQ DEHU ZHLWOlXILJHQ *HElXGH DP VGOLFKHQ 5DQG GHV )DEULNJHOlQGHV ODJ ,P /DXIH GHU 1DFKW ZXUGHQ NHLQH EHVRQGHUHQ $NWLYLWlWHQ HUNHQQEDU GLH GDUDXI KLQJHGHXWHW KlWWHQ GD GLH (QWIKUXQJ GHV 6WLHUQDFNLJHQ XQG VHLQHU *HQRVVHQ EHNDQQW JHZRUGHQ ZDU (UVW VSlW DP GDUDXIIROJHQGHQ 0RUJHQ EHPHUNWHQ GLH KHLPOLFKHQ%HREDFKWHUGD)LUPHQDQJHVWHOOWHQLFKWPHKUZLHIUKHUVLFKHLQIDFKGXUFK 9RU]HLJHQLKUHU,'0DUNH=XWULWW]XP)DEULNJHOlQGHYHUVFKDIIHQNRQQWHQ9LHOHZXUGHQ YRQGHQ:DFKURERWHUQ]XQlFKVW]XUFNJHKDOWHQXQGHUVWGDQQHLQJHODVVHQQDFKGHP VLH YRQ DQGHUHQ 0LWDUEHLWHUQ LGHQWLIL]LHUW ZRUGHQ ZDUHQ 1RFK VSlWHU ZXUGHQ GLH :DFKURERWHU HLQ]HOQ DEJH]RJHQ XQG ]X HLQHP GHU NOHLQHQ $OO]ZHFNJHElXGH JHIKUW YRQ GHQHQ VLFK HLQ JDQ]HU .RPSOH[ LP |VWOLFKHQ 'ULWWHOGHV )DEULNJHOlQGHV HUKRE %DJJR $UQYLOO QDKP DQ GD PDQ GLH 6SHLFKHULQKDOWH GHU 5RERWHU XQWHUVXFKWH XP KHUDXV]XILQGHQ RE &KDUURQV XQG +DQJDMV ,'.DUWHQ VFKRQ GD]X EHQXW]W ZRUGHQ ZDUHQ XP HLQHP 8QEHIXJWHQ =XWULWW ]X YHUVFKDIIHQ 'D GLH 5RERWHU QLFKW XPKLQ NRQQWHQ GLHVH )UDJH ]X YHUQHLQHQ ZUGH VLFK YRQ QXQ DQ GLH $XIPHUNVDPNHLW GHV *HJQHUV LQ GHU +DXSWVDFKH DXI GLH hEHUZDFKXQJ GHU 7RUH NRQ]HQWULHUHQ 'RUW HUZDUWHWH PDQ GHQ 9RUVWR GHV XQEHNDQQWHQ *HJQHUV QDFKGHP GLHVHU VLFK LQ GHQ %HVLW]]ZHLHUZLFKWLJHU,GHQWLIL]LHUXQJVPDUNHQJHVHW]WKDWWH 8QGQRFKHLQH%HREDFKWXQJPDFKWHQGLHGUHL0lQQHULP/DXIHGHV7DJHV'LH 7UDQVSRUWURERWHU ZDUHQ RIIHQEDU VR SURJUDPPLHUW GD VLH PLW LKUHQ /DVWHQ GLH 9HUDUEHLWXQJVDQODJHQ LQ HLQHP VROFKHQ 7XUQXV EHVFKLFNWHQ GD GLH $QODJHQ DQQlKHUQG JOHLFK EHODVWHW ZXUGHQ 'DEHL JDE HV MHGRFK HLQH $XVQDKPH (LQH GHU 9HUDUEHLWXQJVDQODJHQ²GHU GD]XJHK|ULJH 6LOR HUKRE VLFK DQQlKHUQG LP =HQWUXP GHV )DEULNJHOlQGHV²ZXUGH EHUKDXSW QLFKW EHVFKLFNW $UQYLOO 5HLQKHLPHU XQG 0DQWXQ ZDUHQ VLFK GDUEHU HLQLJ GD HV HQWZHGHU PLW GHU $QODJH RGHU GHP 6LOR HWZDV %HVRQGHUHVDXIVLFKKDEHQPXWH &KDUURQHUZDFKWHPLWEUXPPHQGHP6FKlGHO(VZDUILQVWHUULQJVXP(UVDKDXI XQGJHZDKUWHGLH6WHUQHEHUVLFK'LH/XIWZDUNKOXQGWURNNHQ(VZDUGLH/XIWGHV DXVWUDOLVFKHQ+HUEVWHV(UEHIDQGVLFKLP/DQGHVLQQHUQ$EHUZR" (UHULQQHUWHVLFKDQGLH9RUIlOOHLQGHP+DXVLQ3RUW'RXJODV0DQWXQZDU XQEHPHUNWHLQJHGUXQJHQXQGKDWWH+DQJDMPLWGHP6FKRFNHUEHUZlOWLJW'DQQKDWWH HUZRKODXFKLKQ&KDUURQXPJHOHJW'HU6WLHUQDFNLJHULFKWHWHVLFKDXI+l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
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
JHUHFKQHW-HW]WQDFKGHPGULWWHQ6FKQLW]HULPPHUQRFK]XJODXEHQGDHU*QDGHYRU GHQ$XJHQGHV*UDXHQILQGHQZUGHZlUHHLQHJHIlKUOLFKH6HOEVWWlXVFKXQJJHZHVHQ (UUWWHOWHGLHUHJORVH*HVWDOWGHV0RQJROHQVRODQJHELVVLHVLFKYRQVHOEVW]X EHZHJHQEHJDQQ ³+DQJDM´]LVFKWHGHU6WLHUQDFNLJH ³-D"´ ³:DFKDXI´ 'HU0RQJROHIXKULQGLH+|KH ³6WLOO´EHIDKOLKP&KDUURQ³.DQQVWGXJHKHQ"´ +DQJDMQLFNWH&KDUURQKDOILKPEHLP$XIVWHKHQ6LHHQWIHUQWHQVLFKHLQH6WUHFNH YRQGHQEHLGHQLPPHUQRFKEHZXWORVHQ7HFKQLNHUQ+DQJDMV(ULQQHUXQJNHKUWHUDVFK ]XUFN&KDUURQVHW]WHLKPDXVHLQDQGHUGDVLHEHLGHYRQGHP*UDXHQQLFKWVZHLWHU DOV8QDQQHKPOLFKNHLWHQ]XHUZDUWHQKlWWHQ'DVZDUHLQ6WFN'HPDJRJLHGHQQ ELVODQJKDWWHVLFKGHU0RQJROHZHLWHUQLFKWV]XVFKXOGHQNRPPHQODVVHQDOVGHU 8QWHUJHEHQHHLQHV]X)HKOHQWVFKHLGXQJHQQHLJHQGHQ9RUJHVHW]WHQ]XVHLQ7URW]GHP ]HLJWHVLFK+DQJDMYRQ&KDUURQV$UJXPHQWHQEHU]HXJW(UJDE]XGDHVEHVVHUVHL VLFKDXIGHPVFKQHOOVWHQ:HJDXVGHP6WDXE]XPDFKHQ 'HU(QWVFKOXZXUGHVRIRUWLQGLH7DWXPJHVHW]W6LHEHIDQGHQVLFKLQKJHOLJHP *HOlQGH+DQJDMGHUPLWGHU1DWXUYHUWUDXWHUZDUDOV&KDUURQEHVWDQGGDUDXIGDVLH ]XQlFKVWHLQHQGHUXPOLHJHQGHQ+JHOHUNORPPHQXPVLFK]XRULHQWLHUHQ$XVOXIWLJHU +|KHHUNDQQWHHUZHLWLP2VWHQGLFKWEHUGHP+RUL]RQWHLQHQPDWWHQ/LFKWVFKLPPHU 'LH+HOOLJNHLWZDUVRJHULQJGDQXUGDVVFKDUIH$XJHGHV0RQJROHQVLHDXVPDFKHQ NRQQWH'RUWPXWHLQHLQHU(QWIHUQXQJYRQGUHLLJELVYLHU]LJ.LORPHWHUQHLQH6WDGW OLHJHQ,Q5LFKWXQJGLHVHU6WDGWOHQNWHQGLHEHLGHQ0lQQHULKUH6FKULWWH
*HJHQ ]ZHLXQG]ZDQ]LJ 8KU ZDU GLH *HVFKlIWLJNHLW DXI GHP )DEULNJHOlQGH DXI HLQ 1LYHDX DEJHVXQNHQ GDV HV %DJJR $UQYLOO XQG VHLQHQ EHLGHQ %HJOHLWHUQ HUP|JOLFKWH LKUHQ 9RUVWR ]X ZDJHQ *HGXFNW EHZHJWHQ VLH VLFK EHU GDV RIIHQH *HOlQGHZLFKHQHLQLJHQ:DFKURERWHUQLQZHLWHP%RJHQDXVXQGHUUHLFKWHQVFKOLHOLFK GHQ+DXSW]XJDQJ]XGHPYHUGlFKWLJHQ6LOR 'LH 7U EHVWDQG DXV VFKZHUHP 0HWDOO XQG KDWWH GLH )RUP HLQHV 5DXPVFKLIIVFKRWWV 1DFK +RV 6DQJUHQHV %HVFKUHLEXQJ IKUWH VLH LQ HLQH 6FKOHXVHQNDPPHUGHUHQ$XIJDEHHVZDUGHQ:l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lVWFKHQ ZLHGHU KHUDXV (LQ 6XUUHQ HUW|QWH XQG GDV VFKZHUH 6FKRWW VHW]WH VLFK VHLWZlUWVLQ%HZHJXQJ 'LH.DPPHUGHU.lOWHVFKOHXVHZDUHEHQVRZDUPZLHGLH$XHQZHOW1DFKGHP GDV lXHUH 6FKRWW VLFK ZLHGHU JHVFKORVVHQ KDWWH ZDUWHWH %DJJR $UQYLOO DXI GDV
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(LQVWU|PHQ YRQ .DOWOXIW GDV GLH 7HPSHUDWXU GHU .DPPHU GHU GHV 6LORV DQSDVVHQ ZUGH 1LFKWV GHUJOHLFKHQ JHVFKDK MHGRFK 1DFK HLQHU 0LQXWH |IIQHWH VLFK GDV ,QQHQVFKRWW VHOEVWWlWLJ $UQYLOO 0DQWXQ XQG 5HLQKHLPHU WUDWHQ GXUFK GLH gIIQXQJ XQG EHIDQGHQVLFKQXQLPHLJHQWOLFKHQ6LORUDXP.UlIWLJH/DPSHQEHOHXFKWHWHQGDV,QQHUH GHVULHVLJHQ*HElXGHVELVLQGHQKLQWHUVWHQ:LQNHO ,P =HQWUXP GHU $QODJH UDJWH GHU JHZDOWLJH 6LORWDQN LQ GLH +|KH (U EHDQVSUXFKWH HWZD GUHL 9LHUWHO GHV *HVDPWYROXPHQV GHV *HElXGHV $Q GHQ ,QQHQZlQGHQ GHV *HElXGHV JDE HV LQ UHJHOPlLJHQ $EVWlQGHQ 5XQGJlQJH 6LH ZDUHQGXUFK6WHJHPLWGHU:DQGXQJGHV6LORVYHUEXQGHQXQGGLHQWHQRKQH=ZHLIHOGHU %HZHJOLFKNHLWGHVWHFKQLVFKHQ3HUVRQDOVGDVPLWGHU,QVWDQGKDOWXQJGHV6LORVEHWUDXW ZDU'HUHUVWHVROFKH5XQGJDQJYHUOLHILQHLQHU+|KHYRQHWZDIQI]HKQ0HWHUQULQJV XP GDV *HElXGHLQQHUH ,Q $EVWlQGHQ YRQ MHZHLOV ]ZDQ]LJ 0HWHUQ IROJWHQ ZHLWHUH 5XQGJlQJH ELV KLQDXI XQWHU GDV 'DFK GHV *HElXGHV XQG GHQ NXSSHOI|UPLJHQ $EVFKOX GHV 6LORV $XI]XJVFKlFKWH GHUHQ .DELQHQ VLFKHUOLFK QLFKW PHKU DOV ]ZHL 3HUVRQHQ5DXPERWHQEHVRUJWHQGLH9HUELQGXQJPLWGHP+DOOHQERGHQ 0DQWXQVDKVLFKSUIHQGXP ³=LHPOLFKZDUPKLHUZLH"´EHPHUNWHHU ³$Q GHQ 6LORZlQGHQ VLW]W QRUPDOHUZHLVH 5HLI´ IJWH 5HLQKHLPHU KLQ]X ³:HQLJVWHQVEHKDXSWHWH6DQJUHQHGDV´ ³'DPLW EHVWlWLJW VLFK XQVHUH +\SRWKHVH´ PHLQWH %DJJR $UQYLOO ³'HU *UDXH KDW GLHVHQ6LOR]ZHFNHQWIUHPGHWXQGYHUZHQGHWLKQIUEHVRQGHUH%HODQJH´ ³'D]X PWH HU ]XVlW]OLFKH (LQULFKWXQJHQ JHVFKDIIHQ KDEHQ´ ]ZHLIHOWH 5HLQKHLPHU³,FKVHKHDEHUQLFKWV´ ³6RRIIHQZLUGHUVLHQLFKWKLQJHEDXWKDEHQ´HUZLGHUWH$UQYLOO³0DQPXGDQDFK VXFKHQ´ ³:R"´EHKDUUWHGHU:LVVHQVFKDIWOHUVWDUUN|SILJ³,P7DQN"´ ³0|JOLFK$EHULFKZlUHHKHUJHQHLJWXQWHUGHU(UGH]XVXFKHQ´ 8QWHUGHP6LORODJHQGLH.UDIWDQODJHQGLHGLH.lOWHHU]HXJWHQGLHLP,QQHUQGHV *HElXGHVQRUPDOHUZHLVHKHUUVFKWH:HQQHVLQGHU7DWXQWHULUGLVFKH$QODJHQJDEZLH %DJJR$UQYLOOYHUPXWHWHGDQQZDUHVQLFKWPHKUDOVYHUQQIWLJDQ]XQHKPHQGDHLQ =XJDQJ JHVFKDIIHQ ZRUGHQ ZDU GHU GLH VFKRQ YRUKDQGHQHQ =XJlQJH ]X GHU .UDIWDQODJHDXVQW]WH 6LH VXFKWHQ DQ GHQ :lQGHQ GHV *HElXGHV HQWODQJ ,Q GHU 1lKH HLQHV GHU $XI]JHGLH]XGHQ5XQGJlQJHQKLQDXIIKUWHQHQWGHFNWH%DJJR$UQYLOOHLQHPHWDOOHQH 7U6LHVFKLHQNHLQ6FKOR]XKDEHQDXFKJDEHVNHLQHQ(LQZXUIVFKOLW]IUGLHURWHQ ,'.DUWHQ GLH 0DQWXQ HUEHXWHW KDWWH 'HU 'HWHNWLY EHDEVLFKWLJWH MHGRFK QLFKW VLFK GXUFK GHUDUWLJH %HODQJORVLJNHLWHQ DXIKDOWHQ ]X ODVVHQ $XI VHLQH $QZHLVXQJ ULFKWHWH 0DQWXQ GHQ /DXI VHLQHV 'HVLQWHJUDWRUV DXI GLH 7U (LQ JUQOLFKHV /HXFKWHQ IODPPWH DXI6LQJHQGXQGEUXPPHQG]HUIUDHQGLH]HUVW|UHULVFKHQ(QHUJLHQGDV0HWDOOGHU7U XQGYHUZDQGHOWHQHVLQPLOFKLJH*DVVFKZDGHQGLHVHLWZlUWVGDYRQWULHEHQ %DJJR $UQYLOO EHXJWH VLFK QDFK YRUQ XP GXUFK GLH gIIQXQJ ]X VHKHQ 'DKLQWHU ZDU HV ILQVWHU (U ]RJ HLQH /DPSH KHUYRU XQG VDK LQ LKUHQ 6FKHLQ GD GLH GXUFKEURFKHQH7ULQHLQHQQLFKWDOO]XJURHQ5DXPIKUWHGHVVHQ:lQGHZLHGHUXP PHKUHUH 7UHQ DXIZLHVHQ (U ZDU JHUDGH LP %HJULII GXUFK GLH gIIQXQJ KLQGXUFK]XVWHLJHQGDVSUWHHUZLHGHU%RGHQXQWHUVHLQHQ)HQSO|W]OLFK]X]LWWHUQ EHJDQQ (U K|UWH HLQ YHUKDOWHQHV %UXPPHQ ZLH YRQ HLQHU 0DVFKLQH GLH VRHEHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
DQJHVSUXQJHQZDU+DVWLJ]RJHUVLFK]XUFN ³,FKJODXEHZLUKDEHQMHPDQGPLWUDXLVFKJHPDFKW¶VDJWHHU 6LHZLFKHQ]XUFNXQGKLHOWHQGLH:DIIHQVFKXEHUHLWDXIGLH]HUVFKRVVHQH7U JHULFKWHW %DJJR $UQYLOO KDWWH UHFKW 'XUFK GLH =HUVW|UXQJ GHU 7U ZXUGHQ GLH $EZHKUNUlIWHGHV*HJQHUVDODUPLHUW:DV%DJJRQLFKWZXWHZDUGD0DQWXQDOVHU GLH 0QGXQJ GHV 'HVLQWHJUDWRUV JHJHQ GLH 0HWDOOWU ULFKWHWH GLH OHW]WH XQG HQWVFKHLGHQGH3KDVHGHV.DPSIHVJHJHQGHQ*UDXHQHLQJHOHLWHWKDWWH
$P 1DFKPLWWDJ ]XYRU KDWWH *HQJKRU HLQHQ $QUXI HUKDOWHQ GHU LKQ HUVFKWWHUWH $XV 3HUF\YLOOH PHOGHWHQ VLFK GLH EHLGHQ 7HFKQLNHU GLH IU &KDUURQ JHDUEHLWHW KDWWHQ XQG PLW LKP ]XVDPPHQ YHUVFKZXQGHQ ZDUHQ ,KUH *HVFKLFKWH ZDU YHUZRUUHQ 6LH ZXWHQ QLFKW ZDV JHVFKHKHQ ZDU 6LH ZDUHQ EHL 6RQQHQDXIJDQJ ]X VLFK JHNRPPHQ XQG KDWWHQ VLFK DXIV *HUDWHZRKO RVWZlUWV JHZDQGW 1DFK ]HKQ 6WXQGHQ PKVHOLJHU :DQGHUXQJ NUHX] XQG TXHU HUUHLFKWHQ VLH GLH NOHLQH 6WDGW 6LH ZDUHQ ZDIIHQORV DEHU VRQVWLJH%HVLW]WPHUKDWWHPDQLKQHQJHODVVHQ &KDUURQ GHU 6WLHUQDFNLJH XQG +DQJDM GHU 0RQJROH ZDUHQ VSXUORV YHUVFKZXQGHQ *HQJKRU NRQQWH VLFK GHQNHQ ZDUXP 'LHV ZDU &KDUURQV GULWWHU )HKOVFKODJ XQG HU ZXWH GD HU YRQ GHP *UDXHQ NHLQH *QDGH PHKU ]X HUZDUWHQ KDWWH7URW]GHPZDUHVJHUDGH&KDUURQV9HUVFKZLQGHQGDV*HQJKRUHUVFKWWHUWH1XQ OLH HV VLFK QLFKW OlQJHU YHUPHLGHQ GD HU GHQ *UDXHQ EHU GLH (UHLJQLVVH GHU YHUJDQJHQHQ1DFKWLQ.HQQWQLVVHW]WH (U ULHI GHQ *UDXHQ EHU ,QWHUNRP $OV HU HUNOlUWH HU KDEH HUQHXW HLQH EHGURKOLFKH (QWZLFNOXQJ ]X PHOGHQ EHIDKO LKP GHU )DNWRU ]X LKP ]X NRPPHQ *HQJKRU ]LWWHUWH DOV HU VLFK DXI GHQ :HJ PDFKWH XQG DOV HU GHP *UDXHQ LQ GHP NDKOHQ 5DXP PLW GHP 3RGHVW JHJHQEHUVWDQG KlWWH HU DP OLHEVWHQ YRU $QJVW JHVFKULHQ ³'X EHJLQQVW GLFK ]X HLQHP 9HUVDJHU ]X HQWZLFNHOQ´ GU|KQWH GLH 6WLPPH GHV 8QJHKHXHUVXQG6FKDXHUVXJJHVWLYHU,PSXOVHUHJQHWHQEHU*HQJKRUKHUDE³:DUXP HUKDOWHLFKGHLQH0HOGXQJHUVWMHW]W"´ *HQJKRU KDWWH GLHVH )UDJH HUZDUWHW (U KDWWH VLFK HLQH SODXVLEOH (UNOlUXQJ DXVJHGDFKW$EHUSO|W]OLFKZROOWHQLKPGLH6WLPPZHUN]HXJHQLFKWPHKUJHKRUFKHQ(U ZXWHGDHUXQWHUGHPK\SQRWLVFKHQ(LQIOXGHV*UDXHQVWDQGGHULKQGD]X]ZLQJHQ ZROOWH GLH :DKUKHLW ]X VDJHQ (U VWHPPWH VLFK GDJHJHQ DEHU VHLQH .UlIWH UHLFKWHQ QLFKWDXVXPGHQ%DQQ]XEUHFKHQ ³,FKKDWWH$QJVW´JHVWDQGHU ³'LHQHUGLHLKUH$XIJDEHWUHXHUIOOHQEUDXFKHQNHLQH$QJVW]XKDEHQ´JUROOWH GDV 8QJHKHXHU ³'X KDVW 6FKXOG DXI GLFK JHODGHQ 'X KDVW YHUVDJW ,FK ZLOO GLFK EHJQDGLJHQZHQQDXVGHLQHP9HUVDJHQNHLQH)ROJHQHUZDFKVHQ$EHUZHKHGLUZHQQ HVGHP*HJQHUJHOXQJHQLVWVLFKDXVGHLQHQ)HKOHUQHLQHQ9RUWHLO]XYHUVFKDIIHQ´
$OOPlKOLFK EHJDQQ GHU *UDXH VHOEVW 8QEHKDJHQ ]X HPSILQGHQ (U GHU GDUDQ JHZ|KQWZDUGLHDEVROXWH0DFKWEHUVHLQH8PZHOW]XEHVLW]HQVDKVLFKHLQHP)HLQG
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
JHJHQEHU GHQ HU HLQIDFK QLFKW ]X IDVVHQ YHUPRFKWH )DVW ZDU HU EHUHLW GDUDQ ]X JODXEHQ %DJJR $UQYLOO VHL ZLHGHUDXIHUVWDQGHQ $EHU GDV ZDU QLFKW P|JOLFK %DJJR $UQYLOO ZDU LUJHQGZR LQ GHU 6HH GLH GLH 7HUUDQHU GDV .RUDOOHQ0HHU QDQQWHQ JHVWRUEHQ'LH%HULFKWHGHUJHJQHULVFKHQ$NWLYLWlWGLH*HQJKRUYRQVHLQHQ=XWUlJHUQ HUKDOWHQKDWWHHUZlKQWHQQXU0DQWXQGHPGHU*UDXHQLFKWUHFKW]XWUDXHQZROOWHGD HUGLHWUHLEHQGH.UDIWKLQWHUGHQJHJQHULVFKHQ9RUVW|HQVHL 'HU *UDXH EHGDFKWH GLH /DJH XQG GHQ 8PVWDQG GD VHLQ HQJVWHU 9HUWUDXWHU VLFK VRHEHQ HLQHU VFKZHUHQ 9HUIHKOXQJ VFKXOGLJ JHPDFKW KDWWH XQG ]RJ GDUDXV GLH HLQ]LJ ULFKWLJH .RQVHTXHQ] (U NRQQWH HV VLFK QLFKW PHKU OHLVWHQ GHQ JURHQ 8QEHJUHLIOLFKHQ LP +LQWHUJUXQG ]X VSLHOHQ XQG GLH :DKUXQJ VHLQHU 6LFKHUKHLW XQG GLH 6LFKHUKHLW VHLQHU ,QWHUHVVHQ VHLQHQ 8QWHUJHEHQHQ ]X EHUODVVHQ (U PXWH VHOEVW HLQJUHLIHQ (U ZDU GHU $QVLFKW GD GLH $QODJHQ XQWHU GHP VWLOOJHOHJWHQ 6LOR GXUFK GLH $NWLYLWlWHQ GHV *HJQHUV DP JHIlKUGHWVWHQ VHLHQ 'RUW EHIDQGHQ VLFK QLFKW QXU GLH 5lXPHLQGHQHQGLH:LVVHQVFKDIWOHUOHEWHQXQGDUEHLWHWHQGLHLQGHQ)XQGVWFNHQGHU ([SHGLWLRQQDFK%HVWDQGWHLOHQGHVOHPXULVFKHQ.ULHJVNDOHQGHUVVXFKWHQVRQGHUQDXFK GDVJHKHLPH$UFKLYGHV*UDXHQVHOEVW'HU6LORZXUGHYRQDXHQGXUFK:DFKURERWHU EHZDFKW GHQHQ GHU )DNWRU ZLH HU VLFK QDQQWH MHGRFK QXU JHULQJHV 9HUWUDXHQ VFKHQNWH 'HVZHJHQ KDWWH HU LP ,QQHUQ GHV 6LORV DQ DOOHQ YLHU =XJlQJHQ GLH ]X GHQ XQWHULUGLVFKHQ$QODJHQIKUWHQHOHNWURQLVFKH6LFKHUXQJHQDQEULQJHQODVVHQXQGXQWHU GHQ :LVVHQVFKDIWOHUQ HLQHQ :DFK XQG 9HUWHLGLJXQJVGLHQVW HLQJHULFKWHW GHU VRIRUW UHDJLHUHQZUGHZHQQVLFKHLQ8QEHIXJWHUDQGHQ=XJlQJHQ]XVFKDIIHQPDFKWH -HW]WWDWGHU*UDXHQRFKHLQhEULJHV(UVWHOOWHHLQH9HUELQGXQJ]ZLVFKHQVHLQHQ $XIHQWKDOWVUlXPHQ LP XQWHUVHHLVFKHQ 7HLO GHU $QODJH XQG GHQ HOHNWURQLVFKHQ 6LFKHUXQJHQDQGHQ=XJlQJHQKHU$XIGLHVH:HLVHZUGHHULPVHOEHQ$XJHQEOLFNZLH GLH:lFKWHUHUIDKUHQZHQQVLFKGUREHQHWZDV8QJHZ|KQOLFKHVHUHLJQHWH (UZDUYRQVHLQHU0DFKWLPPHUQRFKJHQJHQGEHU]HXJWXP]XJODXEHQGD HU PLW GLHVHQ 9RUNHKUXQJHQ VlPWOLFKHQ $QJULIIVSOlQHQ GHV )HLQGHV GLH 6SLW]H DEJHEURFKHQKDEH
'LH (QWZLFNOXQJ GLH VLFK QXQ DQEDKQWH KDWWH QLFKW LQ %DJJR $UQYLOOV 3ODQ JHVWDQGHQ (U KDWWH EHDEVLFKWLJW XQEHPHUNW LQ GLH JHKHLPHQ 5lXPOLFKNHLWHQ GHV )HLQGHV HLQ]XGULQJHQ 'HVVHQ :DFKVDPNHLW KDWWH GLHVH $EVLFKW µMHGRFK ]XQLFKWH JHPDFKW 'DV ,QQHUH GHV 6LORJHElXGHV ERW DXHU GHP 6LOR7DQN VHOEVW NHLQHUOHL 'HFNXQJVP|JOLFKNHLWHQ$UQYLOOXQGVHLQHEHLGHQ%HJOHLWHU]RJHQVLFKGDKHUVHLWOLFK YRQ GHU ]HUVFKRVVHQHQ 7U ]XUFN²GHU 'HWHNWLY QDFK OLQNV 5HLQKHLPHU XQG 0DQWXQ QDFK UHFKWV² XP GHP *HJQHU YRQ GHP VLH QLFKW ZXWHQ LQ ZHOFKHU 6WlUNH HU DXIWUHWHQZUGHP|JOLFKVWQLFKWJOHLFKLQGLH$XJHQ]XIDOOHQ$XIGLHVH:HLVHEHKLHOWHQ VLHZHQLJVWHQVGDV0RPHQWGHUhEHUUDVFKXQJDXILKUHU6HLWH 'DV =LWWHUQ GHV %RGHQV K|UWH VFKOLHOLFK DXI (LQHQ $XJHQEOLFN ODQJ ZXUGH HV VWLOO :LH JHEDQQW KLHOW %DJJR $UQYLOO GHQ %OLFN DXI GLH ]HUVFKRVVHQH 7U JHULFKWHW (U K|UWHHLQOHLVHV=LVFKHQDOV|IIQHVLFKHLQ6FKRWW$EHUKLQWHUGHU7UEOLHEHVILQVWHU 'LH6SDQQXQJZDUQDKH]XXQHUWUlJOLFK$UQYLOOEUDQQWHQGLH$XJHQVRVFKDUIIL[LHUWHHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
GLH gIIQXQJ DXV GHU QDFK VHLQHU $QVLFKW GHU )HLQG LP QlFKVWHQ $XJHQEOLFN KHUYRUWUHWHQPXWH 3O|W]OLFK IDXFKWH GHU JUHOOH $EVFKX HLQHV %ODVWHUV GXUFK GLH ULHVLJH +DOOH -HPDQGVFKULHDXI0DQWXQZDUHV ³/LQNVREHQ´ %DJJR$UQYLOOVDKDXI,P%UXFKWHLOHLQHU6HNXQGHHUIDWHHUGLH/DJH'HU)HLQG KDWWH QLHPDOV EHDEVLFKWLJW GXUFK GLH ]HUVFKRVVHQH 7U JHUDGHZHJV YRU GLH :DIIHQPQGXQJHQ GHU (LQGULQJOLQJH ]X ODXIHQ 9RQ GHU .DPPHU KLQWHU GHU 7U IKUWH LP,QQHUQGHU*HElXGHZDQGHLQH7UHSSH]XHLQHPJHVFKLFNW YHUNOHLGHWHQ $XVJXFN LQ HWZD IQI 0HWHUQ +|KH EHU GHP %RGHQ 'LHVHU $XVJXFN KDWWH VLFK QXQ JH|IIQHW $UQYLOOHUNDQQWHGLH*HVWDOWHLQHV0DQQHVGHUVLFKHLQH%ODVWHUDXWRPDWLFLP$UPQDFK YRUQQHLJWHXPVHLQ=LHOEHVVHUHUIDVVHQ]XN|QQHQ 'HU 'HWHNWLY VFKR RKQH =|JHUQ 'HU 0DQQ VWLH HLQHQ ZLOGHQ 6FKUHL DXV (U ZDUI GLH $UPH LQ GLH +|KH XQG VWU]WH KHUDE $XV GHQ $XJHQZLQNHOQ VDK $UQYLOO ZLH 0DQWXQ YRQ UHFKWV KHU DXI GLH ]HUVFKRVVHQH 7U ]XKXVFKWH 2EHQ LP $XVJXFN HQWVWDQGLQGLHVHP$XJHQEOLFNQHXH%HZHJXQJ$UQYLOOZDUWHWHQLFKWELVHUMHPDQG]X VHKHQ EHNDP (U IHXHUWH JHUDGHZHJV GXUFK GLH gIIQXQJ (LQ ]ZHLWHU 6FKUHL EHZLHV GDHUDEHUPDOVJHWURIIHQKDWWH 0DQWXQ ZDU GXUFK GLH JH]DFNWH gIIQXQJ LQ GHU 7U YHUVFKZXQGHQ :HQLJH $XJHQEOLFNHVSlWHUNDPVHLQH6WLPPHGXUFKGLHgIIQXQJGHV$XVJXFNV ³1LFKWVFKLHHQ,FKELQHV ³,Q2UGQXQJ´VFKULH$UQYLOO]XUFN 0DQWXQ]HLJWHVLFKLQGHUgIIQXQJ ³(LQ JHVFKLFNWHU 7ULFN´ ULHI HU KHUDE ³,Q GHU .DPPHU PQGHW HLQ $XI]XJ GHU HLQHQ]ZHLWHQ$XVJDQJKDW'HU]ZHLWH$XVJDQJIKUWGXUFKHLQH7UHSSHKLHUKHUDXI 'HUOLQNH$UPKLQJLKPPHUNZUGLJVFKODSSDP.|USHUKHUDE ³6LQG6LHYHUOHW]W"ULHI$UQYLOOEHVRUJW ³1XUHLQ6WUHLIVFKX´ZHKUWH0DQWXQDE³'HU.HUOQDKPVLFKQLFKWJHQXJ=HLW´ ³:LHVWHKWHVGRUWREHQ"´ ³$OOHVLQ2UGQXQJ6LHKDEHQQRFKHLQHQ]ZHLWHQ0DQQHUZLVFKW(ULVWWRW0HKU DOV]ZHLZDUHQHVDQVFKHLQHQGQLFKW³ ³.RPPHQ6LH¶UXQWHU´EDW$UQYLOO 0DQWXQJHKRUFKWH$UQYLOOXQG5HLQKHLPHUJLQJHQLKPHQWJHJHQDOVHUGXUFKGLH ]HUVFKRVVHQH 7U NOHWWHUWH $UQYLOO KDWWH GHQ ]ZHLWHQ ,PSXOVJHEHU LQ GHU +DQG (U PXVWHUWH 0DQWXQV :XQGH 6LH ZDU LQ GHU 7DW QXU REHUIOlFKOLFK 'HU 6WUDKOVFKX KDWWH GHQ 6WRII GHU -DFNH YHUEUDQQW XQG DXI GHU +DXW HLQ SDDU %ODVHQ HU]HXJW 'LH :XQGH ZDUVFKPHU]KDIWDEHUOHLFKW]XKHLOHQ ³6LHEHLGHYHUVFKZLQGHQMHW]W´VDJWH%DJJR$UQYLOOHUQVWKDIW³,FKZLOOQLFKWGD 6LHQRFKZHLWHUH5LVLNHQDXIVLFKQHKPHQ´ 0DQWXQZROOWHSURWHVWLHUHQDEHUGHU'HWHNWLYILHOLKPLQV:RUW ³,FK KDEH 6LH ]XU 7HLOQDKPH DQ PHLQHU ([SHGLWLRQ DQJHZRUEHQ 'HU /HLWHU GHU ([SHGLWLRQELQLFKXQGLFKJHEHDXFKGLH%HIHKOH´ ³1XU ZHQQ 6LH EH]DKOHQ´ JULQVWH 0DQWXQ ³%LV ]XP $XJHQEOLFN KDEH LFK QRFK NHLQHQ6RODU]XVHKHQEHNRPPHQ´ ³'DUDXI ZROOWH LFK HEHQ ]X VSUHFKHQ NRPPHQ´ DQWZRUWHWH $UQYLOO DXI GHQ JXWPWLJHQ6SRWW³,QGHQ%HUJHQKLQWHU+RV6DQJUHQHV)DUPOLHJWXQVHU6HFKVVLW]HU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
%RRW1HKPHQ6LHHVDQVLFKXQGYHUNDXIHQ6LHHV'HU(UO|VJHK|UW]XU+lOIWH,KQHQ XQG]XU+lOIWHXQVHUHPJXWHQ'RNWRU´ 5HLQKHLPHUZDUIDEZHKUHQGGLH+lQGHLQGLH+|KHDEHU$UQYLOOOLHLKQQLFKW]X :RUWNRPPHQ ³6LHKDEHQQLFKWYLHO=HLW´VWHOOWHHUIHVW³+LHUZLUGHVLQNXU]HU=HLWYRQ)HLQGHQ ZLPPHOQ´ (UGUFNWH0DQWXQGHQ,PSXOVJHEHULQGLH+DQG ³$EHUGDQQVLQG6LHGRFKHLQJHVSHUUW´VWLH0DQWXQKHUYRU ³,FK KDEH QRFK LPPHU GHQ 5DGLRNRP´ DQWZRUWHWH $UQYLOO XQG WLSSWH DXI GDV ZLQ]LJH*HUlWDQVHLQHP$UPJHOHQN³:HQQLFKGHQ$XVZHJGXUFKVYLHUWH7RUQHKPHQ PXUXIHLFK6LH]X+LOIH-HW]WJHKHQ6LH´ 6LHZDQGWHQVLFK]|JHUQGDE ³6FKQHOOHU´GUlQJWH$UQYLOO 6LH EHVFKOHXQLJWHQ LKUH 6FKULWWH .XU] EHYRU VLH KLQWHU GHU 5XQGXQJ GHV 6LOR 7DQNVYHUVFKZDQGHQULHIGHU'HWHNWLY ³0DQWXQ"´ %HLGHEOLHEHQVWHKHQXQGVDKHQVLFKXP ³.PPHUQ 6LH VLFK XP GDV 0lGFKHQ 0DQWXQ¶ VDJWH %DJJR $UQYLOO ³+HLUDWHQ 6LHVLHXQGNPPHUQ6LHVLFKQLFKWGDUXPZLHYLHO%HNDQQWHVLHIUKHUKDWWH8QGMHW]W YHUVFKZLQGHQ6LH (UZDQGWHVLFKDE(UK|UWHZLHGLH6FKULWWHKLQWHULKPYHUNODQJHQ(UZDUDOOHLQ (V ZUJWH LKQ LP +DOV DEHU HU KDWWH GLH EHLGHQ IRUWVFKLFNHQ PVVHQ (U VHOEVW ZDU EHUHLW XP VHLQHU 5DFKH DQ GHP *UDXHQ ZLOOHQ GDV /HEHQ DXIV 6SLHO ]X VHW]HQ 9RQ 0DQWXQXQG5HLQKHLPHUNRQQWHHUbKQOLFKHVQLFKWHUZDUWHQ (U VFKULWW ]X GHU ]HUVFKRVVHQHQ 7U QDFKGHP HU ]XYRU GLH %ODVWHUDXWRPDWLFDXIJHKREHQKDWWHGLHGHPKHLPWNNLVFKHQ6FKW]HQHQWIDOOHQZDU(U K|UWH GDV 6XPPHQ GHV 6FKOHXVHQVFKRWWV DOV 0DQWXQ XQG 5HLQKHLPHU GDV *HElXGH YHUOLHHQ (U EHXJWH VLFK YRUQEHU XP YRQ QHXHP LQ GLH .DPPHU KLQWHU GHU ]HUVFKRVVHQHQ 7U KLQHLQ]XEOLFNHQ (U OHJWH GLH VFKZHUH :DIIH EHLVHLWH XQG ]RJ GLH /DPSHKHUYRU,QLKUHP/LFKWNHJHOPXVWHUWHHUGHQNOHLQHQ5DXP(LQHGHU7UHQVWDQG MHW]W RIIHQ XQG ]HLJWH HLQH $XI]XJNDELQH GLH MHGRFK DXFK VHLWZlUWV HLQHQ $XVJDQJ KDWWH(UEOLHEHLQHQ$XJHQEOLFNVWHKHQXQGKRUFKWH'RUWXQWHQPXWHQVLHLQ]ZLVFKHQ JHPHUNW KDEHQ GD KLHU REHQ HWZDV VFKLHIJHJDQJHQ ZDU (U VFKLFNWH VLFK DQ GXUFK GLH 7U|IIQXQJ KLQGXUFK]XVWHLJHQ GD K|UWH HU HLQHQ 6FKUHL GHU VLFK YLHOIDFK DQ GHQ :lQGHQGHV*HElXGHVXQGGHV6LOR7DQNVEUDFK³'RUWLVWHU´ (UIXKUKHUXP=XEHLGHQ6HLWHQGHV6LOR7DQNVVDKHU%HZDIIQHWH6LHELOGHWHQ HLQH.HWWHGLHGHQ=ZLVFKHQUDXP]ZLVFKHQ7DQNXQG:DQGYROONRPPHQDXVIOOWH%HL VHLQHP $QEOLFN VFKLHQHQ VLH ]X ]|JHUQ 6LH ZDUHQ ZHQLJVWHQV DFKW]LJ 0HWHU HQWIHUQW XQGDXIGLHVH'LVWDQ]ERWHULKUHQ6WUDKOHUQNHLQDOO]XVLFKHUHV=LHO(UVDKVLFKXP(V JDE QXU ]ZHL $XVZHJH (U NRQQWH PLW GHP $XI]XJ QDFK XQWHQ IDKUHQ DEHU HU EHIUFKWHWH GD PDQ GRUW XQWHQ DXI LKQ ZDUWHQ ZUGH 2GHU HU NRQQWH LQ GLH +|KH HQWNRPPHQ (U QDKP GLH $XWRPDWLF ZLHGHU DXI 1XU ZHQLJH 0HWHU VHLWZlUWV GHU ]HUVFKRVVHQHQ 7U HQGHWH HLQHU GHU $XI]XJVFKlFKWH GLH ]X GHQ 5XQGJlQJHQ KLQDXIIKUWHQ 9LHOOHLFKW ZDU GDV GD REHQ HLQH )DOOH DXV GHU HU QLFKW PHKU HQWULQQHQ NRQQWH$EHUIUVHUVWHZDUHVLKPDPZLFKWLJVWHQGHQ+lVFKHUQ]XHQWJHKHQGLHGD XPGLH5XQGXQJGHV7DQNVKHUXPDXILKQ]XNDPHQ
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
(UUFNWHYRUVLFKWLJDXIGHQ6FKDFKWYRU'LH$XWRPDWLFKLHOWHUVFKXEHUHLW6LH UHLFKWHZHLWHUDOVGLH+DQGZDIIHQGHU+lVFKHU:HQQHVQRWWDWNRQQWHHUVLHGDPLWHLQH :HLOH LQ 6FKDFK KDOWHQ (U HUUHLFKWH GHQ $XI]XJ 'LH .DELQH ZDU HQJ (U WUDW KLQHLQ ZDUIHLQHQ%OLFNDXIGLHNOHLQH6FKDOWWDIHOXPVLFKHU]XVHLQGDHULQGHP$XJHQEOLFN LQGHPHVGDUDXIDQNDPGHQULFKWLJHQ.QRSIGUFNWH 'DGU|KQWHDXVGHP+LQWHUJUXQGGHVULHVLJHQ*HElXGHVHLQHPlFKWLJH6WLPPH EHLGHUHV%DJJR$UQYLOONDOWEHUGHQ5FNHQOLHI ³/DWLKQQLFKWHQWNRPPHQ,FKZDUQHHXFK:HQQLKULKQHQWNRPPHQODWVHLG LKUGHV7RGHV´ %DJJR $UQYLOO JULQVWH ELWWHU DOV HU GHQ .QRSI GUFNWH GHU GHQ $XI]XJ ]XP XQWHUVWHQ5XQGJDQJKLQDXIEHI|UGHUQZUGH(UNDQQWHGLH6WLPPHGLHGDVRSRPS|VH :RUWH JHVSURFKHQ KDWWH (U NDQQWH GDV 8QJHKHXHU GHP GLHVH 6WLPPH JHK|UWH 'HU 5DFKHDQLKPJDOWVHLW:RFKHQXQG0RQDWHQDOOVHLQ'HQNHQXQG6WUHEHQ 'LHNOHLQH.DELQHKLHOWPLWHLQHP5XFN9RUVLFKWLJ]ZlQJWHVLFK%DJJR$UQYLOO GXUFKGLH7U|IIQXQJ(UEHIDQGVLFKMHW]WIQI]HKQ0HWHUKRFKEHUGHP%RGHQGHV *HElXGHV:DVHUHUZDUWHWKDWWHZDUJHVFKHKHQ:lKUHQGHULP$XI]XJVWHFNWH KDWWHQVLFKGLH+lVFKHUQlKHUKHUDQJHZDJW6LHEHIDQGHQVLFKVFKUlJXQWHULKP 6REDOGVLHLKQHUEOLFNWHQIHXHUWHQVLHLKUH:DIIHQDE)DXFKHQGOHFNWHQJOKHQGH (QHUJLHVWUDKOHQQDFKGHP*HOlQGHUGHV5XQGJDQJVXQGEUDFKWHQHVWHLOZHLVH]XP 6FKPHO]HQ+HLH/XIWZDOOWH$UQYLOOHQWJHJHQ (UULGLH$XWRPDWLFKRFKXQGHUZLGHUWHGDV)HXHU6FKRQGLHHUVWH6DOYHUL /FNHQLQGLH5HLKHGHU$QJUHLIHU'HU5HVWIORKYRU$QJVWVFKUHLHQG:LHGHUNDPDXV GHP+LQWHUJUXQGGLHGU|KQHQGH6WLPPHGHV*UDXHQ ³6WHKWLKU)HLJOLQJH6WHKW´ $UQYLOOZXWHQLFKWDXVZDVIU/HXWHQVLFKGLH6WUHLWPDFKWGHV*UDXHQ ]XVDPPHQVHW]WHDEHUVRYLHOZDULKPNODU.DPSIHUIDKUXQJEHVDHQVLHNHLQH(UVDK VLFKQDFKHLQHP$XVZHJXPDOVGLH0HQJHGHU+lVFKHUYRQGHQ=XUXIHQGHV*UDXHQ DXIJHSHLWVFKWZLHGHUYRUZlUWVIOXWHWH$XIGHU+|KHGHV5XQGJDQJVJDEHVPHKUHUH NOHLQH)HQVWHUTXDGUDWLVFKH*HELOGHGLHJHUDGHEUHLWJHQXJZDUHQXPHLQHQ0DQQ KLQGXUFK]XODVVHQ6LHEHVDHQNHLQHQgIIQXQJVPHFKDQLVPXVDEHUHVZDULKPHLQ OHLFKWHVGLH*ODVVLWVFKHLEHKHUDXV]XVFKLHHQ:DVJHZDQQHUGDPLW"(UEHIDQGVLFK IQI]HKQ0HWHUKRFKEHUGHP(UGERGHQ(LQ6SUXQJDXVVROFKHU+|KHZDUIDVWVRJXW ZLHHLQ6HOEVWPRUGYHUVXFK8QGGRFK²ZDVKDWWHHU]XYHUOLHUHQ"(UZDU HLQJHVFKORVVHQ (UHLOWHGHQ5XQGJDQJHQWODQJELV]XPQlFKVWHQ)HQVWHU(LQ)HXHUVWRDXVGHU $XWRPDWLFXQGGLH*ODVVLWVFKHLEHH[LVWLHUWHQLFKWPHKU8QWHQZXUGHJHUXIHQXQG JHVFKULHQ'LH+lVFKHUKDWWHQGLHZHQLJHQ6HNXQGHQLQGHQHQVHLQH$XIPHUNVDPNHLW DEJHOHQNWZDUEHQXW]WXPQlKHUKHUDQ]XUFNHQ%ODVWHUIHXHUEUDQGHWHDXI(UZDQGWH VLFKXPXQGMDJWHHLQLJHXQJH]LHOWH6DOYHQQDFKXQWHQ'DVEUDFKWHLKQHQEHLGDHV QLFKWJXWZDUVLFKPLWLKPDQ]XOHJHQ (UKlQJWHVLFKGLH$XWRPDWLFEHUGHQ5FNHQXQGEHXJWHVLFK]XP)HQVWHU KLQDXV7LHIXQWHULKPODJGHUYRQNUlIWLJHQ/DPSHQEHVWUDKOWH%RGHQGHV
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
)DEULNJHOlQGHV]XWLHIIUVHLQH%HJULIIH3O|W]OLFKEHPHUNWHHUHLQHVFKDWWHQKDIWH %HZHJXQJLP'XQNHOGDVGLH/LFKWNHJHOGHU/DPSHQQLFKWHUIDWHQ(UNQLIIGLH$XJHQ KDOE]XVDPPHQXPEHVVHUVHKHQ]XN|QQHQXQGHUNDQQWHGLHEUHLWIOlFKLJH /DVWSODWWIRUPHLQHV7UDQVSRUWURERWHUV'LH/HLEHUGHU)LVFKHVFKLPPHUWHQVLOEULJ'HU 7UDQVSRUWHUKLHOWDXIGHQ6LOR]XXQGZUGHXQPLWWHOEDUXQWHUGHP)HQVWHU YRUEHLNRPPHQDQGHP$UQYLOOVWDQG (UKDWWHQLFKWYLHO=HLW]XPhEHUOHJHQ'LHIHGHUQGHVFKOSIULJH0DVVHGHU )LVFKOHLEHUZUGHGLH:XFKWGHV$XISUDOOVYHUULQJHUQ(VZUGHVHLQDOVZHQQHUDXI HLQVFKODIIJHVSDQQWHV7UDPSROLQVSUlQJH'DVZDUGLH&KDQFHGLHGDV6FKLFNVDOLKP ERW(UPXWHGLH%ODVWHUDXWRPDWLF]XUFNODVVHQZHLOVLHLKQEHLP6WXU]ZRP|JOLFK YHUOHW]WKlWWH(UOLHVLHHLQIDFKIDOOHQXQGVFKREVLFKGXUFKGLH)HQVWHU|IIQXQJKLQDXV 9RQXQWHQJHOOWHQ6FKUHLH(VZXUGHJHVFKRVVHQ$EHU%DJJR$UQYLOOPHUNWHYRQ DOOHGHPQLFKWVPHKU6HLQH$XIPHUNVDPNHLWZDUQDFKXQWHQJHULFKWHW$OVGHU 7UDQVSRUWURERWHUXQWHUGHP)HQVWHUYRUEHLJOLWWVWHPPWHHUVLFKDEXQGVSUDQJ
'HU $XISUDOO ZDU VFKOLPPHU DOV HU LKQ VLFK YRUJHVWHOOW KDWWH 'LH :XFKW GHV )DOOHV VWDXFKWH LKQ ]XVDPPHQ DOV VHL HU ]ZLVFKHQ GLH ]ZHL 6FKXKH HLQHV K\GUDXOLVFKHQ)RUPHUVJHUDWHQ(UYHUORUIUHLQLJH$XJHQEOLFNHGDV%HZXWVHLQ$OVHU ZLHGHU ]X VLFK NDP ZDU HU ULQJVXP YRQ NDOWHQ JOLWVFKLJHQ )LVFKOHLEHUQ XPJHEHQ (U EHNDPNDXP/XIWXQGGDVELFKHQZDVHUEHNDPURFKQDFK0HHU7DQJXQG6DO]XQG VFKLHQZHQLJGD]XJHHLJQHWVHLQH/HEHQVJHLVWHUZLHGHU]XHUZHFNHQ (UYHUVXFKWHVLFKDQGLH2EHUIOlFKHGHU)LVFKODGXQJHPSRU]XNDPSIHQDEHUGLH 0DVVH GLH LKQ XPJDE ZDU VFKZHU XQG OLH VLFK VFKOHFKW PDQLSXOLHUHQ (U NDP QXU ODQJVDPYRUZlUWVXQGPDQFKPDOJLQJLKPYRUODXWHU$QVWUHQJXQJGLH/XIWDXVVRGD HUHLQH3DXVHHLQOHJHQPXWH (VZDUZlKUHQGHLQHUVROFKHQ3DXVHGDHUGDVGU|KQHQGH*HOlFKWHUK|UWH(V VFKLHQ YRQ QLUJHQGZRKHU ]X NRPPHQ HQWVWDQG DXV GHP 1LFKWV PLWWHQ LQ VHLQHP %HZXWVHLQ ³'X KDVW GLFK LQ GHLQHU HLJHQHQ )DOOH JHIDQJHQ )UHPGHU 'HU 7RG GHQ GX GLU DXVJHVXFKWKDVWLVWNHLQOHLFKWHU (VZDUQLFKWZLUNOLFKHLQH6WLPPHGLH]XLKPVSUDFK(VZDUHQ:RUWH%HJULIIH GLHVLFKLQVHLQHP*HKLUQIRUPWHQYRQWHOHSDWKLVFKHU(QHUJLHGRUWKLQJHWUDJHQ(VZDU GHU *UDXH GHU ]X LKP VSUDFK (U KDWWH $UQYLOOV )OXFKW EHREDFKWHW XQG GHU +RKQ PLW GHP HU VSUDFK YHUOLHK GHP 'HWHNWLY GRSSHOWH .UlIWH (U VWLH PLW GHQ +lQGHQ QDFK REHQ XQG YHUVXFKWH GLH VFKPLHULJH VFKOHLPLJH 0DVVH GHU )LVFKOHLFKHQ DXVHLQDQGHU]XGUlQJHQ XQG VLFK HLQHQ :HJ ]X EDKQHQ $EHU HV ZDU ZLH ]XYRU 'LH WRWHQ )LVFKH OHLVWHWHQ HQHUJLVFKHQ :LGHUVWDQG (U NDP QXU =HQWLPHWHU XP =HQWLPHWHU YRUZlUWVXQGVHLQH.UlIWHHUODKPWHQUDVFK 3O|W]OLFK VSUWH HU ZLH GLH %HZHJXQJ GHV 7UDQVSRUWHUV VWRSSWH (V EOLHE LKP QLFKWJHQXJ=HLW]XHUJUQGHQZDVHVGDPLWDXIVLFKKDWWHGDIKOWHHUVLFKVFKRQLQ GLH+|KHJHKREHQXQGPLWLKPGLHJDQ]H0DVVHGHU)LVFKHGLHDXIGHUDEVFKVVLJHQ 8QWHUODJH VRIRUW ]X JOHLWHQ EHJDQQ XQG LKQ PLW VLFK UL (U YHUVXFKWH VLFK JHJHQ GLH %HZHJXQJ ]X VWHPPHQ DEHU VHLQH .UlIWH ZDUHQ ]X JHULQJ (LQH XQZLGHUVWHKOLFKH 0DFKWULLKQLQGLH7LHIH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
'DV QlFKVWH ZDV LKP ]X %HZXWVHLQ NDP ZDU +HOOLJNHLW 8QG GDQQ GLH (UNHQQWQLV GD QLFKW PHKU 7RQQHQ YRQ VFKOSIULJHQ )LVFKOHLEHUQ DXI LKP UXKWHQ (U K|UWHHLQNODSSHUQGHVVFKDUUHQGHV*HUlXVFKGDVVWlQGLJQlKHUNDPXQGYHUVXFKWH VLFK DXI]XULFKWHQ .DXP KDWWH HU GHQ .RSI MHGRFK HUKREHQ GD WUDI LKQ YRQ REHQ HLQ 6FKODJGHULKQZLHGHU]X%RGHQZDUIRGHUZDVDXFKLPPHUGDVVHLQPRFKWHDXIGHP HU UXKWH (U VWUHFNWH VLFK IODFK DXV XQG YHUVXFKWH LQ GLH +|KH ]X EOLFNHQ (U VDK GLH /DPSHQ DXV GHQHQ GLH +HOOLJNHLW VWDPPWH XQG JOHLFK]HLWLJ GHQ PLOFKLJHQ 6FKLPPHU HLQHV(QHUJLHIHOGHVGDVVLFK]ZLVFKHQLKPXQGGHQ/DPSHQEHIDQG(UVDKDXFKGD GLH 8PJHEXQJ DQ LKP YRUEHLJOLWW (U EHIDQG VLFK DXI HLQHU $UW 7UDQVSRUWEDQG LQ %HJOHLWXQJ HLQLJHU 7RQQHQ WRWHU )LVFKH XQG GDV .ODSSHUQ GDV HU K|UWH NDP YRQ GHU 6RUWLHUDQODJHGLHGHQ)DQJQDFKGHU*U|HGHU)LVFKOHLEHUHLQVWXIWH (V ZDU HLQH DOWPRGLVFKH $QODJH 0HWDOOHQH 6WlEH JULIIHQ YRQ GHU 'HFNH KHUDE XQG EHWDVWHWHQ GLH )LVFKOHLEHU -H QDFK *U|H ZXUGHQ VLH DXI GLH HLQH RGHU DQGHUH 6HLWH GHV %DQGHV JHVFKREHQ $OO]X GUDVWLVFKH 8QWHUVFKLHGH JDE HV QLFKW 'LH )LVFKH VWDPPWHQDOOHDXVGHPVHOEHQ7DQNLQGHPQXUHLQH$UWDXIJH]RJHQZXUGH$UQYLOOKLHOW VLH IU 7KXQILVFKH (LQLJH ([HPSODUH ZDUHQ VR XPIDQJUHLFK GD VLH VHOEVW LKQ DQ *U|HEHUWUDIHQ 'DV %DQG ]ZHLJWH ]XU 6HLWH DE (U EHIDQG VLFK XQWHU GHQ JU|HUHQ )LVFKHQ ,PPHU QRFK ZDU GDV 7UDQVSRUWEDQG YRQ HLQHP VFKLPPHUQGHQ (XHUJLHIHOG XPJHEHQ GDV YHUKLQGHUWH GD )LVFKOHLEHU KHUDEILHOHQ XQG VLFK GDGXUFK GHP 9HUDUEHLWXQJVYRUJDQJHQW]RJHQ 'DV)HOGKDWWHGLH%UHLWHGHV%DQGHVXQGZDUNDXP HLQHQ KDOEHQ 0HWHU KRFK YLHO ]X ZHQLJ 5DXP IU HLQHQ DXVJHZDFKVHQHQ 0DQQ DOV GDHUHWZDVGDPLWKlWWHDQIDQJHQN|QQHQ (UULFKWHWHVLFKDXIVRJXWHVHEHQJLQJXQGWDVWHWHVLFKDE(UVFKLHQGHQ6WXU] HLQLJHUPDHQ KHLO EHUVWDQGHQ ]X KDEHQ 0HKU QRFK (U WUXJ QRFK GHQ +DQGVWUDKOHU GHQHULQGHQ*UWHOJHVFKREHQKDWWHDOVHUGLH%ODVWHUDXWRPDWLFGHVWRWHQ:lFKWHUV DXIQDKP(U]RJGLH:DIIHKHUYRUXQGPDFKWHVLHVFKXEHUHLW(UODJVRGDGLH%HLQH LQ GLH )DKUWULFKWXQJ GHV %DQGHV ]HLJWHQ 'DV ZDU VHLQ )HKOHU (U ZDU QRFK GDEHL ]X EHUOHJHQ RE HV HLQHQ =ZHFN KlWWH GDV HQHUJHWLVFKH )HOG PLW 6WUDKOVDOYHQ ]X ERPEDUGLHUHQ GD EHI|UGHUWH LKQ GDV %DQG ]XVDPPHQ PLW GHQ WRWHQ )LVFKHQ LQ HLQH 5|KUHHLQH$UW7XQQHO(UZXUGH]XU6HLWHJHVFKOHXGHUW(WZDV+DUWHV.DOWHVWUDILKQ JHJHQ GLH +DQG XQG HQWUL LKP GLH :DIIH (U KDWWH GLH +DQG HUKREHQ XP EHVVHU PLW GHU:DIIHKDQWLHUHQ]XN|QQHQ(WZDV:DUPHV.OHEULJHVWURSIWHLKPLQV*HVLFKWQRFK EHYRUHUGHQ6FKPHU]IKOWH%OXW'LH+DQGZDULKPDXIJHULVVHQZRUGHQ 'HU7XQQHOVFKLHQVLFK]XGUHKHQ(VZDUILQVWHUJHZRUGHQVRGD%DJJR$UQYLOO GLH%HZHJXQJQLFKWVHKHQNRQQWHDEHUHUVSUWHVLH+DUWHVFKDUIH'LQJHVHQNWHQVLFK DXI LKQ KHUDE XQG IXKUHQ LKP KHL EHU GHQ 5FNHQ :LHGHU ZXUGH HU ]XU 6HLWH JHVFKOHXGHUW XQG GLHVHOEHQ ,QVWUXPHQWH VWULFKHQ LKP EHU GLH +IWH 8P LKQ KHUXP ZDU HLQ VWlQGLJHV 'U|KQHQ 6FKDEHQ XQG .UDW]HQ 'DV 'U|KQHQ NDP YRQ GHQ VFKZHUHQ)LVFKOHLEHUQGLHYRQGHUURWLHUHQGHQ7URPPHOYRQHLQHU6HLWHDXIGLHDQGHUH JHVFKOHXGHUWZXUGHQ'DV6FKDEHQXQG.UDW]HQDEHU (LQH XQVLFKWEDUH +DQG JULII QDFK VHLQHU 0RQWXU DEHU GHU %HZHJXQJVPHFKDQLVPXV DXI GHP HU ODJ WUXJ LKQ ZHLWHU PLW VLFK (V JDE HLQ NUDFKHQGHV UHLHQGHV *HUlXVFK XQG GDQDFK ZDU QXU QRFK GLH +lOIWH VHLQHU -DFNH YRUKDQGHQ 'D EHJULII HU ZRKLQ HU JHUDWHQ ZDU ,Q GLHVHP 7XQQHO ZXUGHQ GLH )LVFKH HQWVFKXSSW'LHKDUWHQNDOWHQ'LQJHGLHDXVGHU+|KHKHUDEJULIIHQZDUHQ0HVVHU
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
9HU]ZHLIOXQJ SDFNWH LKQ :RUDXI KDWWH HU VLFK HLQJHODVVHQ :LHGHU XQG ZLHGHU IXKUHQ LKP VFKDUIH .OLQJHQ EHU GHQ /HLE ULVVHQ GLH .OHLGXQJ LQ )HW]HQ XQG WULHEHQ EOXWLJH )XUFKHQ GXUFK GLH +DXW %UHQQHQGHU 6FKPHU] KOOWH LKQ HLQ (U IKOWH NDXP PHKUZLHLKQGLH5RWDWLRQGHU7URPPHOYRQHLQHU6HLWHDXIGLHDQGHUHZDUI0HKUDXV ,QVWLQNWDOVDXVhEHUOHJXQJSUHWHHUVLFKVRIHVWHUNRQQWHJHJHQGLH8QWHUODJHGLH LKQ LPPHU ZHLWHU GXUFK GHQ HUEDUPXQJVORVHQ 7XQQHO WUDQVSRUWLHUWH (U ZDU HLQHU 2KQPDFKWQDKHXQGGHU5HVLJQDWLRQDOVHUSO|W]OLFKYRQQHXHPGLH6WLPPHLQVHLQHP %HZXWVHLQK|UWH ³:LHJHIlOOWGLUGDV)UHPGHU"1LPPHVGLU]X+HU]HQZHQQGXQRFKNDQQVW6R EHVWUDIWGHU)DNWRUMHGHQ9HUVXFKGHU(LQPLVFKXQJ´ 'DVJDEGHQ$XVVFKODJ%DJJR$UQYLOOHULQQHUWHVLFKSO|W]OLFKZLHGHUZHVZHJHQ HU VLFK LQ GLHVHV IUFKWHUOLFKH $EHQWHXHU HLQJHODVVHQ KDWWH (U ZDU QLFKW KLHUKHUJHNRPPHQ XP ]X VWHUEHQ (U ZDU JHNRPPHQ XP VLFK DQ GHP *UDXHQ ]X UlFKHQ 'DV %HZXWVHLQ VHLQHU 5DFKH JDE LKP QHXH .UDIW (U SUHWH VLFK QRFK GLFKWHU DQGLH8QWHUODJHVRGDGLH6FKDEPHVVHULKQNDXPPHKUHUUHLFKWHQ
'LH:LVVHQVFKDIWOHUEHIDQGHQVLFKLP=XVWDQGK|FKVWHU(UUHJXQJDOVGHU*UDXH DXV VHLQHQ XQWHUVHHLVFKHQ *HPlFKHUQ NRPPHQG ]X LKQHQ VWLH 'LH ]ZHL GLHQVWKDEHQGHQ:DFKHQZDUHQ]XP6LORKRFKJHIDKUHQ'HU*UDXHYHUVWDQGZDVGDV EHGHXWHWH 'HU *HJQHU KDWWH JHK|UW 'HU *UDXH YHUVWDQG ZDV GDV EHGHXWHWH 'HU *HJQHUKDWWHVLHDXVJHVFKDOWHW (UYHUWHLOWHGLH:LVVHQVFKDIWOHUDXIGLHEULJHQGUHL$XI]JHXQGIXKUPLWLKQHQLQ GLH+|KH:DVGHU*UDXHQLFKWZXWHZDUGDHUXPZHQLJH6HNXQGHQ]XVSlWNDP XPDXFK0DQWXQXQG'U5HLQKHLPHU]XHUZLVFKHQ6RPHOGHWHLKPGHU6SlKHUGHQHU YRUVLFKWLJ YRUDXVVFKLFNWH QXU HLQHQ HLQ]HOQHQ 0DQQ GHU VLFK DQ GHU 7U ]XP YLHUWHQ $XI]XJVFKDFKW ]X VFKDIIHQ PDFKH 'HU *UDXH OLH GLH :LVVHQVFKDIWOHU YRUUFNHQ 6LH JDEHQ VLFK 0KH LKUH 6DFKH JXW ]X PDFKHQ DEHU VLH ZDUHQ XQHUIDKUHQH .lPSIHU 'HU )HLQG EHVD HLQH EHUOHJHQH :DIIH PLW GHU HU GLH 9RUUFNHQGHQ PKHORV LQ 6FKDFKKDOWHQNRQQWH 7URW]GHP ZDU HU YHUORUHQ (V JDE IU LKQ NHLQHQ $XVZHJ (U VFKLHQ DOOHUGLQJV HQWVFKORVVHQ VLFK VR ODQJH ZLH P|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lKH HU VLFK EHIDQG XQG VFKZDQJ VLFK KLQDXV 'HU *UDXH XQG GLH :LVVHQVFKDIWOHU HLOWHQ ]XP $XVJDQJ GHV 6LORV 6LH HUZDUWHWHQ GHQ NKQHQ 6SULQJHUGUDXHQDXIGHP%RGHQOLHJHQG]XILQGHQ$EHUDOOHVZDVVLHVDKHQZDUHLQ )LVFKWUDQVSRUWHUGHUDXIGLHQlFKVWH9HUDUEHLWXQJVDQODJH]XJOLWW 'HU *UDXH EHJULII ZDV GHQ )UHPGHQ ]XP 6SULQJHQ YHUDQODW KDWWH (U KDWWH
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
JHKRIIWLQGHU0DVVHGHU)LVFKOHLEHUHLQIHGHUQGHV.LVVHQ]XILQGHQGDVGLH:XFKWGHV $XISUDOOV PLQGHUWH 'HU *UDXH XQG VHLQH /HXWH IROJWHQ GHP 7UDQVSRUWHU ELV HU VHLQH /DVW LQ GLH 9HUDUEHLWXQJVDQODJH HQWOXG 'D HQWIXKU GHP *UDXHQ GDV JUDXVDPH *HOlFKWHUGDV%DJJR$UQYLOOJHK|UWKDWWH 'HU)DNWRUZDQGWHVLFKDQHLQHQGHU8PVWHKHQGHQ ³6FKDII PLU *HQJKRU KHUEHL´ EHIDKO HU ³$XI GHP VFKQHOOVWHQ :HJH (U VROO ]XU $QODJHIU0OONRQ]HQWUDWLRQNRPPHQ,FKEHILQGHPLFKLP7ULFKWHUUDXP´ 'HU 0DQQ HLOWH GDYRQ 'HU *UDXH PDUVFKLHUWH PLW GHQ DQGHUHQ LQ 5LFKWXQJ DXI GDV PDVVLJH *HElXGH LQ GHP GHU 0OO YRQ DOOHQ 9HUDUEHLWXQJVDQODJHQ NRQ]HQWULHUW XQGYRUEHDUEHLWHWZXUGH$XVGHUHLQHQ6HLWHGHV%DXZHUNVUDJWHHLQH$XVZXUIDQODJH KHUYRU HLQ ZUIHOI|UPLJHU $QEDX DXV GHP XQWHQ GHU +DOV GHV 7ULFKWHUV UDJWH GXUFK GHQGLHYRUEHDUEHLWHWHQ0OOPHQJHQDXI5RERWWUDQVSRUWHUJHODGHQZXUGHQ'HUXQWHUH 5DQG GHV 7ULFKWHUKDOVHV EHIDQG VLFK HWZD IQIXQG]ZDQ]LJ 0HWHU EHU GHP %RGHQ 8QWHU GHP 7ULFKWHU VWDQG HLQ OHHUHU 5RERWWUDQVSRUWHU EHUHLW GLH QlFKVWH 0OODGXQJ DXI]XQHKPHQ 'HU*UDXHSRVWLHUWHGLH:LVVHQVFKDIWOHUULQJVXPGHQ7UDQVSRUWHUKHUXP(UWUXJ LKQHQ DXI VRUJIlOWLJ µDXI GHQ KHUDEVWU]HQGHQ 0OO ]X DFKWHQ GDPLW LKQHQ QLFKW HQWJLQJH ZLH GHU 0lFKWLJH VHLQH )HLQGH EHVWUDIWH 'HU *UDXH VHOEVW EHWUDW GDV *HElXGH XQG IXKU KLQDXI ]XP 7ULFKWHUUDXP (U ZDU EHU]HXJW GD GLH /HLFKH GHV IUHPGHQ (LQGULQJOLQJV GRUW EDOG DQNRPPHQ ZUGH 'LH 9HUDUEHLWXQJVDQODJH ZUGH HQWZHGHU GLH .OHLGXQJ GHV 8QEHNDQQWHQ RGHU GHQ .|USHU VHOEVW DOV QLFKW YHUZHUWEDU HUNHQQHQ XQG DQ LUJHQGHLQHU 6WHOOH GHV 9HUDUEHLWXQJVSUR]HVVHV DXVVWRHQ :HQLJH 0LQXWHQVSlWHUZUGHGHU0DQQGHUQDFKGHV*UDXHQ%HUHFKQXQJELVGDKLQQLFKWPHKU DP/HEHQVHLQNRQQWHLQGHU0OONRQ]HQWUDWLRQHUVFKHLQHQ 'LHVHQ $QEOLFN VROOWH DXFK *HQJKRU JHQLHHQ²ZHQLJH 6HNXQGHQ EHYRU GHU *UDXHLKQDOV6WUDIHIUVHLQH)HKOOHLVWXQJHQW|WHWH 'DV%DQGYHUOLHGLH5|KUH%DJJR$UQYLOOOHEWHQRFKDEHUHUVSUWHZLHLKPPLW GHP %OXW GLH .UDIW DXV GHP .|USHU UDQQ (U ZDJWH QLFKW GDUDQ ]X GHQNHQ ZLHYLHO YHUVFKLHGHQHUOHL ,QIHNWLRQVNHLPH HU VFKRQ YRQ GHQ WRWHQ )LVFKHQ LQ VLFK DXIJHVRJHQ KDWWH $OVQlFKVWHVIKUWHGDV%DQGGXUFKHLQH:DVFKDQODJH'LH)LVFKOHLEHUXQGPLW LKQHQ DXFK %DJJR $UQYLOO ZXUGHQ KLQ XQG KHUJHUWWHOW XQG YRQ NUlIWLJHQ NDOWHQ :DVVHUVWUDKOHQDEJHVSULW]W'DV:DVVHUVWDQGXQWHUKRKHP'UXFNXQGGHU$XISUDOOGHU 6WUDKOHQ YHUXUVDFKWH SHLQLJHQGHQ 6FKPHU] 'LH HLVLJH .lOWH HU]HXJWH MHGRFK HLQH %HQRPPHQKHLWGLHGLH3HLQGHVJHVFKXQGHQHQ.|USHUVPLOGHUWH 1XU KDOE GHVVHQ EHZXW ZDV HU WDW YHUVXFKWH $UQYLOO GLH hEHUUHVWH VHLQHU -DFNH DE]XVWUHLIHQ (U ZXWH GD LUJHQGZR GLH 6WHOOH NRPPHQ ZUGH DQ GHU GLH 0DVFKLQH ]ZLVFKHQ YHUZHUWEDUHP XQG QLFKW YHUZHUWEDUHP *XW XQWHUVFKLHG (U PXWH XQWHU DOOHQ 8PVWlQGHQ YHUKLQGHUQ GD HU ELV GRUWKLQ JHODQJWH ZR GLH )LVFKH DXIJHVFKQLWWHQ GLH (LQJHZHLGH HQWIHUQW .RSI 6FKZDQ] XQG EHUVFKVVLJH )ORVVHQ DEJHWUHQQWZXUGHQ(UPXWHYRUKHUDOVQLFKWYHUZHUWEDUHUNDQQWZHUGHQVRQVWZDUHV XPLKQJHVFKHKHQ 8QWHU XQVlJOLFKHQ 0KHQ JHODQJ VHLQ 9RUKDEHQ (U KDWWH GHQ 5HVW GHU -DFNH DEJHVWUHLIWXQGEUHLWHWHLKQYRUVLFKDXIGHP%DQGDXV%DOGGDQDFKEHJDQQGDV%DQG VLFK ]X IlFKHUQ 'LH 8QWHUODJH ZXUGH EUHLWHU %DJJR $UQYLOO KDWWH PHKU %HZHJXQJVIUHLKHLW(LQPHWDOOHQHU$UPJULIIYRQREHQKHUDEXQGSDFNWHGHQ-DFNHQUHVW
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
$UQYLOO GHU DXI GLHVHQ $XJHQEOLFN JHZDUWHW KDWWH HUJULII EOLW]VFKQHOO HLQHQ GHU =lKQH GHV *UHLIDUPV XQG OLH VLFK HEHQIDOOV LQ GLH +|KH VFKZHQNHQ 'HU $UP JOLWW ]XU 6HLWH XQG OXG -DFNH XQG 0DQQ DXI HLQHP DQGHUHQ %DQG DE GDV ]XQlFKVW VHLWZlUWV GHV HUVWHQ %DQGHV GDKLQOLHI 9RQ =HLW ]X =HLW HUVFKLHQHQ ZHLWHUH *UHLIDUPH XQG OXGHQ DQGHUHV 8QEUDXFKEDUH LQ $UQYLOOV 1lKH DE $EJHWUHQQWH )LVFKN|SIH PLW KHUYRUTXHOOHQGHQ $XJHQ EHOULHFKHQGH (LQJHZHLGH 6FKZlQ]H XQG )ORVVHQUHVWH WUPWHQ VLFK ULQJV XP LKQ KHUXP DXI (U ZDU ]X EHQRPPHQ XP ZDKU]XQHKPHQ GD GDV (QHUJLHIHOG ZlKUHQG GHU 7lWLJNHLW GHU *UHLIDUPH GHVDNWLYLHUW ZRUGHQ ZDU $OV HU VLFKGHVVHQEHZXWZXUGHIKUWHGDV%DQGVRHEHQLQHLQHQILQVWHUHQ7XQQHODXVGHP HVYRUOlXILJNHLQ(QWULQQHQJDE %DJJR$UQYLOOZXWHQLFKWZLHODQJHHUVRGXUFKGLH)LQVWHUQLVJHJOLWWHQZDUDOV HV SO|W]OLFK ZLHGHU KHOO ZXUGH (U ODJ DXI GHP %DXFK XQG EOLFNWH YRUVLFKWLJ DXI (U EHIDQG VLFK LQ HLQHP 5DXP GHVVHQ (LQULFKWXQJ LQ GHU +DXSWVDFKH DXV XQI|UPLJHQ 7DQNV XQG JURHQ 6FKDOWWDIHOQ EHVWDQG 'DV %DQG IKUWH XQPLWWHOEDU DXI HLQHQ GHU 7DQNV ]X 'DEHL EHZHJWH HV VLFK DQ HLQHU ULHVLJHQ %RGHQ|IIQXQJ YRUEHL GLH ZHQLJVWHQV IQI]HKQ 0HWHU GXUFKPD XQG QDFK XQWHQ LQV )UHLH ]X IKUHQ VFKLHQ =X GHU gIIQXQJ KLQ IKUWHQ PHKUHUH 7UDQVSRUWElQGHU YRQ GHQHQ MHGHV DXV HLQHP GHU 7DQNVKHUYRUNDP :LHHLQHOHNWULVFKHU6FKRFNGXUFKIXKUHVGHQ'HWHNWLYDOVHUGLHEHLGHQ0lQQHU VDK GLH DP 5DQG GHV /RFKHV VWDQGHQ 'HQ HLQHQ +DJHUHQ KDWWH HU QXU HLQ HLQ]LJHV 0DOIOFKWLJJHVHKHQGDPDOVDOVHUVLFKLQGHQXQWHUVHHLVFKHQ$QODJHQGHU)LVFKIDUP LQGHU*HIDQJHQVFKDIWGHV*UDXHQEHIDQG 'HUDQGHUHZDUGHU*UDXHVHOEVWGDV0RQVWUXPGHPVHLQH5DFKHJDOW
'HU *UDXH KDWWH GHQ %OLFN DXI GDV %DQG JHULFKWHW %DJJR $UQYLOO YHUKLHOW VLFK UHJORV %OXW VWU|PWH DXV +XQGHUWHQ YRQ :XQGHQ (V ILHO LKP OHLFKW GHQ 7RWHQ ]X VSLHOHQ$XVHLQHP$XJHQZLQNHOVDKHUZLHGHU*UDXHPHKUHUH6FKDOWHUDXIHLQHUGHU 6FKDOWWDIHOQEHWlWLJWH'DV%DQGNDP]XP6WHKHQ ³'RUWLVWHU´GU|KQWHGLH6WLPPHGHV*UDXHQ³6RWULIIWGLH6WUDIHMHGHQGHUVLFK JHJHQPLFKZHQGHWRGHUPLUQLFKW]X'LHQVWHQLVW'LH6WLPPHQDKPHLQHQGURKHQGHQ 8QWHUWRQ DQ ³,FK ZLOO LKQ PLU DQVHKHQ ,FK ZLOO ZLVVHQ ZHU HV LVW GHU HV ZDJW PLFK DQ]XJUHLIHQ$EHU]XYRU´ (UPDFKWHHLQH3DXVH$UQYLOOVDKZLHGHU+DJHUHVLFKZLHXQWHUGHP+LHEHLQHU XQVLFKWEDUHQ3HLWVFKHGXFNWH ³=XYRU´ IXKU GHU *UDXH IRUW ³HUOHLGHW GHU VHLQH 6WUDIH GHU PLFK GXUFK )HKOHQWVFKHLGXQJHQLQ*HIDKUJHEUDFKWKDW´ 'HU *UDXH VWDQG MHW]W PLW GHP 5N NHQ ]XP %DQG (U ZDU GHP +DJHUHQ ]XJHZDQGW(VZDUHLQHXQJODXEOLFKH6]HQH'HU*UDXHZDUXQEHZDIIQHWGDJHJHQWUXJ GHU +DJHUH HLQHQ NOHLQHQ %ODVWHU LP *UWHO (U YHUVXFKWH LKQ KHUYRU]X]LHKHQ $UQYLOO VDKZLHGLH+DQGVLFKXPGHQ.ROEHQNUDOOWH'DV*HVLFKWGHV+DJHUHQZDUDVFKIDKO 'LH :DIIH VFKLHQ LKP ]X VFKZHU (U EUDFKWH VLH QXU UXFNZHLVH KHUYRU XQG DOV HU VLH HQGOLFKLQGHU+DQGKDWWHEUDFKWHHUHVQLFKWIHUWLJGHQ/DXI]XKHEHQ(UZDUEHUHLW VLFK]XZHKUHQDEHUHLQHXQKHLPOLFKHEHUPlFKWLJH.UDIWVRJLKPGLH%HUHLWVFKDIWDXV GHQ$GHUQ'LH+DQGVDQNQDFKXQWHQ'LH)LQJHU|IIQHWHQVLFK'LH:DIIHSROWHUWH]X
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
%RGHQ 'HU *UDXH GDJHJHQ VWDQG UHJORV %DJJR $UQYLOO NRQQWH VLFK YRUVWHOOHQ ZLHGHU K\SQRWLVFKH (LQIOX GHV 8QJHKHXHUV GHQ (LJHQZLOOHQ GHV +DJHUHQ ]HUVW|UWH XQG LKQ XQWHUHLQHQ%DQQ]ZDQJGHPHUQLFKWPHKUHQWZHLFKHQNRQQWH 'HU +DJHUH JLQJ LQ GLH .QLH (U VFKLHQ KDOE EHZXWORV $XV JURHQ VWDUUHQ $XJHQVDKHU]XGHP8QJHKHXHUDXI'DKDQGHOWH%DJJR$UQYLOO(UVWHPPWHVLFKLQGLH +|KHXQGVSUDQJYRQGHP%DQG'HU+DJHUHQDKPGLH%HZHJXQJZDKUDEHUVLHULHI ZHLWHUQLFKWVDOVHLQHQPDWWHQ5HIOH[GHV(UVWDXQHQVDXVGHUVLFKHLQH6HNXQGHODQJ EHUGDVVFKPDOH*HVLFKWDXVEUHLWHWH ³+LHUNRPPWGHUZDKUH)HLQG´ 'HU*UDXHZLUEHOWHKHUXP6HLQHXQLUGLVFKH3K\VLRJQRPLH]HLJWHNHLQH5HJXQJ DEHU GLH *HVFKZXOVW KLQWHU GHU VLFK GHU 0XQG YHUEDUJ |IIQHWH VLFK XQG EUDFKWH HLQ SDDUVWDPPHOQGH:RUWHKHUYRU ³$UQYLOO%DJJR$UQYLOO$OVRGRFK´ 0LW GHP +DJHUHQ JLQJ HLQH VHOWVDPH 9HUZDQGOXQJ YRU VLFK (U ZDU YRQ GHP %DQQ EHIUHLW LQ GHQ GHU *UDXH LKQ JHVFKODJHQ KDWWH 6HLQ :LOOH NHKUWH ]XUFN (U ULFKWHWH VLFK DXI 'LH JURHQ $XJHQ ZDUHQ PLW ILHEHUQGHP %OLFN DXI GDV 8QJHKHXHU JHULFKWHWGDVLKPQXQGHQ5FNHQ]XZDQGWH %DJJR $UQYLOO VSUWH ZLH GDV (QWVHW]HQ GHV *UDXHQ LQ SODQYROOHV 'HQNHQ EHUJLQJ'HU6FKRFNZDUEHUZXQGHQ'DV0RQVWUXPHQWVDQQVLFKGHU)lKLJNHLWHQ GLH LKP ]XU 9HUIJXQJ VWDQGHQ (LQ ,PSXOV ZLH YRQ 8QWHUZHUIXQJ XQG )XUFKW GUlQJWH VLFK LQ $UQYLOOV %HZXWVHLQ (V ZXUGH LKP NODU GD HU KDQGHOQ PXWH ZHQQ HU QLFKW YHUORUHQVHLQZROOWH 'RFK GHU +DJHUH NDP LKP ]XYRU 0LW HLQHP 6FKUHL GHU QLFKWV 0HQVFKOLFKHV PHKU DQ VLFK KDWWH VWU]WH HU VLFK DXI GDV 8QJHKHXHU 'HU *UDXH VR XQYHUVHKHQV DQJHJULIIHQYHUORUGDV*OHLFKJHZLFKW(UWDXPHOWH(UIXKUKHUXPXQGVXFKWHQDFK+DOW 'HU HLQ]LJH GHQ HU IDQG ZDU VHLQ $QJUHLIHU (U YHUNUDOOWH VLFK LQ GHU .OHLGXQJ GHV +DJHUHQ $EHU HV ZDU ]X VSlW 'HU +DJHUH HUNDQQWH GLH *HIDKU XQG VWUlXEWH VLFK GDJHJHQ6HLQHPDJHUH6WDWXUELOGHWHJHJHQEHUGHUVFKZDQNHQGHQ.|USHUPDVVHGHV *UDXHQNHLQDXVUHLFKHQGHV*HJHQJHZLFKW(LQH6HNXQGHODQJGDXHUWHGHUIUFKWHUOLFKH .DPSIGDQQVWU]WHQEHLGHGHU*UDXHXQGGHU+DJHUHGXUFKGLHZHLWH%RGHQ|IIQXQJ (LQ ]ZHLIDFKHU 6FKUHL JHOOWH DXI GDQQ NDP YRQ ZHLW XQWHQ GDV GXPSIH *HUlXVFK GHV $XISUDOOV %DJJR$UQYLOOQDKPGHQ6WUDKOHUDXIGHQGHU+DJHUHKDWWHIDOOHQODVVHQ 'LH:LVVHQVFKDIWOHUIORKHQLQZLOGHU3DQLN6LHKDWWHQLKUHQ+HUUQGHQ*UDXHQ XQGGHVVHQ6WHOOYHUWUHWHU]X7RGHVWU]HQVHKHQXQGZXWHQGDVLHKLHUQLFKWVPHKU YHUORUHQKDWWHQ'LHEULJH%HOHJVFKDIWZXWH]ZDUQLFKWZDVYRUJHIDOOHQZDUDEHUVLH HQWQDKP GHP 9HUKDOWHQ GHU IOLHKHQGHQ :LVVHQVFKDIWOHU GD HLQH .DWDVWURSKH HLQJHWUHWHQZDUXQGUlXPWHHEHQIDOOVGDV)HOG$OV%DJJR$UQYLOOLPPHUQRFKEOXWHQG XQG ZHQLJHU DOV QRWGUIWLJ EHNOHLGHW GDV *HElXGH GHU 0OONRQ]HQWUDWLRQVDQODJH YHUOLH VDK HU QXU QRFK )OLHKHQGH GLH HLOLJVW EHPKW ZDUHQ GDV )DEULNJHOlQGH ]X YHUODVVHQ (U NHKUWH ]X GHP 6LOR ]XUFN LQ GHP VHLQH )OXFKW LKUHQ $QIDQJ JHQRPPHQ KDWWH 8QEHKLQGHUW IXKU HU PLW GHP $XI]XJ LQ GLH XQWHULUGLVFKHQ $QODJHQ (UIDQG GDV $UFKLY GHV *UDXHQ GHVVHQ ,QKDOW ]XPHLVW DXV KDXFKGQQHQ 3ODVWLNPHWDOOVFKHLEHQ EHVWDQG DXI GHQHQ FRPSXWHUYHUDUEHLWHWH ,QIRUPDWLRQHQ JHVSHLFKHUW ZDUHQ (U OXG
'HU0DQQGHUDXVGHU7LHIHNDP
M
$WODQ
VRYLHOGDYRQDXIZLHHUWUDJHQNRQQWHXQGIXKUZLHGHUQDFKREHQ 'LH1DFKWZLFKDOOPlKOLFK'HUQHXH7DJEUDFKDQ²HLQ7DJGHQGHU*UDXHQLFKW PHKUHUOHEWH'LHVHU*UDXHYHUEHVVHUWHVLFK%DJJR$UQYLOO'HQQHVJDEQRFKDQGHUH $QGHUH GLH ZLH GLHVHU GDV 9HUGHUEHQ GHU *DOD[LV SODQWHQ 6HLQH 5DFKH ZDU QLFKW EHHQGHWVRODQJHHUVLHQLFKWDOOHJHW|WHWKDWWH ,UJHQGZR DXI GHP )DEULNKRI IDQG HU HLQHQ *OHLWHU (U ZDUI GLH 6SHLFKHUSODWWHQ GLHHUEHLQlFKVWHU*HOHJHQKHLWDXV]XZHUWHQJHGDFKWHDXIGHQ+LQWHUVLW]XQGNOHPPWH VLFK KLQWHU GDV 6WHXHU 'LH :DFKURERWHU GLH DXI GHP +RI XPKHUVWDQGHQ UKUWHQ VLFK QLFKWDOVHUPLWNKQHP6SUXQJEHUGLH(QHUJLHPDXHUKLQZHJVHW]WH .XU]H =HLW VSlWHU ZDU HU LQ &DLUQV (U VXFKWH GDV +RWHO DXI LQ GHP HU DEJHVWLHJHQ ZDU EHYRU HU GLH ([SHGLWLRQ ]X GHQ EHLGHQ XQWHUVHHLVFKHQ 6WlGWHQ DXVUVWHWH 'HU 0DQDJHUHULQQHUWH VLFK DQ LKQ XQG ZDJWH HV QLFKW VHLQ ZHQLJHU DOV VDORQIlKLJHV bXHUHV ]X EHPlQJHOQ %DJJR $UQYLOO VFKOHSSWH VLFK DXI VHLQ =LPPHU %HYRU HU HWZDV IU VHLQ N|USHUOLFKHV :RKOEHILQGHQ WDW IKUWH HU ]ZHL 5DGLRNRPJHVSUlFKH 0LW GHP HUVWHQ LQIRUPLHUWH HU GLH 862 RKQH VHLQHQ 1DPHQ ]X QHQQHQ EHU GLH 5ROOH GLH GLH %LJ)LVK &RPSDQ\ LP =XVDPPHQKDQJ PLW GHQ HUVFKUHFNHQGHQ9RUJlQJHQLQGHU0LOFKVWUDHJHVSLHOWKDWWH:HLWHUVDJWHHUQLFKWV(U VSUDFK QLFKW GDYRQ GD HU ,QIRUPDWLRQHQ HUEHXWHW KDWWH GLH LKP ZDKUVFKHLQOLFK GD]X YHUKHOIHQZUGHQZHLWHUH([HPSODUHGHV5LQJHVGHU*UDXHQDXI]XVSUHQ
,Q'DLQWUHHZDUWHWHQ0DQWXQ'U5HLQKHLPHU+RV6DQJUHQHXQGGDV0lGFKHQ 6LH KDWWHQ HUIDKUHQ GD GLH %LJ)LVK &RPSDQ\ YRQ GHU JHVDPWHQ DQZHVHQGHQ %HOHJVFKDIW LQ GHU YHUJDQJHQHQ 1DFKW EOLW]DUWLJ JHUlXPW ZRUGHQ ZDU 6LH ZDUHQ $XJHQ]HXJH JHZHVHQ DOV DP IUKHQ 0RUJHQ )DKU]HXJH GHU 3ROL]HL HLQWUDIHQ XQG 3ROL]LVWHQGDV)LUPHQJHOlQGH]XEHVHW]HQXQG]XGXUFKVXFKHQEHJDQQHQ ³,FKGHQNHZLUNULHJHQLKQQLFKWPHKU]XVHKHQ´VDJWH0DQWXQQDFKGHPVLH]X +RV6DQJUHQHV)DUP]XUFNJHNHKUWZDUHQ ³*DQ]PHLQHU0HLQXQJ´PXUPHOWH'U5HLQKHLPHUEHGUFNWDOVVHLLKPGDVQLFKW UHFKW +RVVDKYHUGURVVHQYRUVLFKKLQ1XU(HOD(HODVWUDKOWH ³9LHOOHLFKW´ VDJWH VLH XQG OlFKHOWH 0DQWXQ GDEHL DQ ³KDEHQ ZLU MHW]W HLQ ZHQLJ =HLWIUXQV"´ (1'( /HVHQ6LHQlFKVWH:RFKH$7/$1H[FLXVLY1U
+HW]MDJGGXUFKGDVEODVVH/DQG
YRQ+DQV.QHLIHO ,KU:HJIKUWGXUFKGLH(LV|GH²YLHU0HQVFKHQDXIGHU)OXFKW LQHLQHDQGHUH:HOW