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pagina 19, 04-04-2014 © Het Financieele Dagblad ### ! # %!" $ & !&!" $''''""#" "" &"#"## .* & $%%'''""#" "$!" &"#"## ##!##"! C,.,)B%BC B04@@ 2;B 0B4?)2,+ @C, @B* 2B B2/BG ?K4*CB 41BF,C@C 0BG2B'4@@,2)B1 0CB * CB?4?)%42@;B00 2B1 CB B74@CB ,C F? 2B)CB* CBHCB C ?B4F ?@BH4? 2BG ?14 + 0,./B ? ?B 2BG/ ?B) 12B B %CFF?BC B C0 2; B7?40 1 2B,2B B?2* B K,.2B4G ?B B* 0 B0,2, BK,*C?;B 4/B1?/C0 , ?BC07B841+ ) 447CBC4CB@C?49B/42B* CB ,2B EL5EB2, CB1 ?B40H ?/ 2B 2BH@B 2) H K 2B47B 2B,2)?,.7 2 B * ?&22, ?,2);B B ,) 2?B* CB 1 ?,/2@ B,2G @C ?,2)@%42@B ?4G, 2 B14 @CBK4>2BBEDLB102B %4 / 2B 2B1/C B70C@BG44?B 2, FH B) 0@*, C ?@BH?42 ?B B G 2 2@B1 ?,/2@ BF?%+ /7,C0,@CB;B4?,)B.?B14 @CB @C?4B? 4?)2,@ ? 2BH?,.B(LLB 0 ,@C ?@B,2B/,2 ?)G ?0,.G 2B *F2B2B/H,.C?/C 2; BG?)B,@BHCB4?02,B? + @*440@B2FB7? , @B H )CB,2B K B1?/CBC B@C77 2;B=?BK,.2B C / 2 2B, B ?47BH,.K 2BCB B ?2* B44?B* CB, 7C 7F2CB * 2B,@>BK )CB0,G, ?B B42*JB 1 47?,*C ?BG2B,2 ?)?+ 2B 2B/ C 2BH?G2B B2 + 0 2B,2BEL55BK,.2BG ?/4*CB2B B )?4C B1 ?,/2@ B@ C4?) 244CB ?,)*CB4?,K42@;B CB2/ 2 B * ?@C 0BK, CB*,.BC ?F)B,2B B@C,.) 2+ B K CC,2)@)?BG2B47G2)04+ C, @B,2B@C 0,./ B) , 2;B0@B G ?/0?,2)BH,.@CB B42*JB ?47B CB1 2@ 2B1 CB/,2 ? 2B ?2B ) H 2B?/ 2BCBK B1 ?B) 0B 14 C 2B @C 2B2B B47G2);B = BH? 2B @C,.@B42CK CC 2B G ?H 2B1 CB@F@,, @;B4 2B B 4G ?* ,B?47B),2)B KF,2,+ ) 2B/H1BCB*?B2;BF ?@B @*?4// 2BK,*BH,0;BCB %% CB,@B 2FBF,C) H ?/C;> CB.F,@CB B?#* @B,2B)?4C ? B @C 2BH ?B, C@B C ?B?, 2B * %CBC B1/ 2B1 CB.42) B) K,2+ 2 2B, B2, CB1 ?BG ?*F,K 2B2+ 0J@ ?CB B42*J;B= BK, CB1 ?B /,2 ? 2B,2B B@C 2;BCB)CB C 2B/4@C BG2B B?2) 1 2C 2B H?B B21 0,2) 2BG44?B47+ G2)B24)B2, CB@C,.) 2;>B 4?02,BCB) G @C,)B,@B,2B @04B,@BG44?0B42 ?B B,2?F/B G2B B I7 ?C,@ BG2B,2 B1 CB 47G2)BG2B4F ? B/,2 ? 2;B B 2, FH B ,) 2?BG2B B/ C 2B ,2B44?@*4C 2BH,0B, B/ 22,@B 2FCC 2BG44?BK,.2B04C, @B,2B 44?H ) 2B 2BH 2B, BK,.2B ,2) ?,*CBG44?B7 FC ?@B 2B/0 FC ?@B G2B5BC4CBAB.?B0F@B2)G?B4GB ?.6?2@@622B,? C F?BG2B 4?02,>@B/,2 ?47G2),G,@, B ,2B 2B@*?,%C 0,./ BG ?/0?,2); B0,*C7F2C. @B, B B42*JB 42CH?CB0 , 2B,2B ?02B 24)B2, CBC4CB 2B.F,*@C 11,2);B ,CB B.42)@C B,.% ?@BG2B* CB1,+ 2,@C ?, BG2B4,0 B/ 2B0 ,CB ?2* 4?)2,@C, B,2 ?47+ G2)B%BCB B KF,2,),2) 2B 2B )?4C ?B %% CB47B B/,2 ?47G2)B * 2B2B* CB/,2 CBC4CB2FB C4 B* %CB) @C 0;B=,2 ? 2B 4F ?@B 2BH ?/2 1 ?@B8,2B B /,2 ?47G2)9B C0 2B B? / + 2,2)BG2B B%?/>B0F,CB B 2, CB1,@BC BG ?@C2 B? C, ;BCB B4G ?* ,B,CB.?B5LLB102B IC?B* %CBF,C) C?4// 2BG44?B B /,2 ?47G2)C4 @0)B24 1CB B 02) 20FB 2B144,B) ?B 1?B2, CB) 24 )B41B 2B411 + / ?BC H )BC B? 2) 2; /. & $'''""#" "%$" &"#"## ."$ & %'''""#" "$" &"#"## &%#&%(%"#&#% %"%*"#%.%% %% %"%&% ,"&%-%'$ +%%# &#"%%#&" % %,%%"&"%" ,",%%#&" % &%.%-%%&% #&%&%*&##% ,%&%"%-%.% ,%"&%%" ,",%/%&&%%"%%% &# %%##%)/)% .-"% ,"#&!%-" %-"% ,"%%#&"%,"" %%"
© Copyright 2024 ExpyDoc