6WDGW:HUPHOVNLUFKHQ 'HU%UJHUPHLVWHU 6WDGWYHUZDOWXQJx:HUPHOVNLUFKHQ +HUU 0D[0XVWHUPDQQ 0XVWHUVWU :HUPHOVNLUFKHQ 7HOHJUDIHQVWUDH :HUPHOVNLUFKHQ 6DFKJHELHW6WHXHU 7HDP$EIDOOZHVHQ 7HOHIRQGXUFKZDKO $XVUVWXQJGHU5HVWXQG%LRDEIDOOEHKlOWHUPLWHLQHP7UDQVSRQGHU&KLS 2EMHNW0XVWHUVWU:HUPHOVNLUFKHQ 6HKUJHHKUWH'DPHQXQG+HUUHQ GLH6WDGW:HUPHOVNLUFKHQIKUWJHPHLQVDPPLWHLQHPEHDXIWUDJWHQ8QWHUQHKPHQVFKULWWZHLVHHLQ ,GHQWLILNDWLRQVV\VWHPIUDOOH5HVWXQG%LRDEIDOOEHKlOWHUHLQ'D]XZHUGHQDOOHUHJLVWULHUWHQ5HVW XQG%LRDEIDOOEHKlOWHUPLWHLQHPHOHNWURQLVFKHQ7UDQVSRQGHU&KLSDXVJHVWDWWHW 0LWGLHVHP6FKUHLEHQHUKDOWHQ6LHÄYRUEHUJHKHQGH³.HQQ]HLFKQXQJVHWLNHWWHQ %LWWHNOHEHQ6LHGLHEHLJHIJWHQ.HQQ]HLFKQXQJVHWLNHWWHQDXIGHQGLH'HFNHOLKUHVLKUHU MHZHLOLJHQ%HKlOWHUVIU5HVWDEIlOOHXQGRGHU%LRDEIlOOH )DOOV $XINOHEHU IHKOHQ NHQQ]HLFKQHQ 6LH ELWWH GLH EULJHQ $EIDOOEHKlOWHU DQGHUZHLWLJ PLW 6WUDHQQDPHQXQG+DXVQXPPHU %LWWHVWHOOHQ6LHDOOH$EIDOOEHKlOWHU5HVWXQG%LRDEIlOOH]XPXQWHQJHQDQQWHQ7HUPLQDQ ,KUHU*UXQGVWFNVJUHQ]HDE8KUJXWVLFKWEDUEHUHLW :LFKWLJ 6ROOWH GLH (QWOHHUXQJ GHU $EIDOOEHKlOWHU EOLFKHUZHLVH DQ HLQHP DQGHUHQ 6DPPHORUW HUIROJHQVRVWHOOHQ6LHGLH$EIDOOEHKlOWHUGHQQRFKDQ,KU*UXQGVWFN+DXV'LHVHUOHLFKWHUWXQVHUHQ 7HDPVGLH=XRUGQXQJHUKHEOLFK /DVVHQ6LHELWWHGLH$EIDOOEHKlOWHUDQGHU*UXQGVWFNVJUHQ]HVWHKHQELVGLHQHXHQ*HIlHWLNHWWHQ VLFKWEDUDQGHU6HLWHGHU$EIDOOEHKlOWHU]XVHKHQVLQGVSlWHVWHQVELV]XP)ROJHWDJ8KU 6LHN|QQHQGLH$EIDOOEHKlOWHUZlKUHQGGHUJDQ]HQ=HLWQRUPDOEHIOOHQ 6ROOWHQ6LHWURW]GHP)UDJHQ]XU$XVUVWXQJGHU$EIDOOEHKlOWHUKDEHQLVWLQGHU.:.:XQG .:HLQ6HUYLFH7HOHIRQHLQJHULFKWHW 6HUYLFH7HOHIRQQXPPHU±0RQWDJ)UHLWDJ±8KU ,KU$XVUVWXQJVWHUPLQ8KU %LWWHEHDFKWHQ6LHDXFKGLHZHLWHUHQ+LQZHLVHDXIGHU5FNVHLWH .HQQ]HLFKQXQJVHWLNHWWHQELWWHDE]LHKHQXQGDXIGHQ'HFNHOGHU5HVWPOOXQG%LRWRQQHQNOHEHQ ϭϬϮϮϭϳ ϭϬϮϮϭϳ DƵƐƚĞƌƐƚƌ͘ϴ DƵƐƚĞƌƐƚƌ͘ϴ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ ϭϬϮϮϭϳ DƵƐƚĞƌƐƚƌ͘ϴ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ ϭϬϮϮϭϳ DƵƐƚĞƌƐƚƌ͘ϴ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ ϭϬϮϮϭϳ DƵƐƚĞƌƐƚƌ͘ϴ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ ϭϬϮϮϭϳ DƵƐƚĞƌƐƚƌ͘ϴ ϰϮϵϮϵtĞƌŵĞůƐŬŝƌĐŚĞŶ 'DVQHXH&KLS6\VWHPGLHQWDXVVFKOLHOLFKGHP%HKlOWHUPDQDJHPHQW-HGHU$EIDOOEHKlOWHULVWVRPLWGHP MHZHLOLJHQ*UXQGVWFNHLQGHXWLJ]XJHRUGQHW .OHEHQ 6LH MH HLQHV GHU NOHLQHQ .HQQ]HLFKQXQJVHWLNHWWHQ DXI MHGHQ 'HFNHO ,KUHU 5HVWDEIDOOXQGRGHU%LRDEIDOOEHKlOWHU 0XVWHUVWU :HUPHOVNLUFKHQ 'DV 0RQWDJHWHDP EULQJW MH $EIDOOEHKlOWHUHLQHQRUDQJHQ&KLSXQWHU GHUYRUGHUHQ*ULIIOHLVWHDQ 'DQQ NOHEW GDV 0RQWDJHWHDP VHLWOLFK DQ GHQ $EIDOOEHKlOWHU HLQ QHXHV %HKlOWHUHWLNHWW DQ XQG OLHVW PLWWHOV 6FDQQHU GHQ &KLS XQG GHQ %DUFRGH 6WULFKFRGH ]XVDPPHQHLQ 0LW VHLWOLFKHP $XINOHEHU GHU 0RQWDJHILUPD LVW GHU $EIDOOEHKlOWHUIHUWLJ :LUEHGDQNHQXQVIU,KUH0LWDUEHLW 0LWIUHXQGOLFKHQ*UHQ ,KUH6WDGW:HUPHOVNLUFKHQ ,KUH6HUYLFH7HOHIRQQXPPHU0RQWDJ)UHLWDJ±8KU 0RQWDJ)UHLWDJ±8KU
© Copyright 2024 ExpyDoc