Sie sind auf Seite 1von 14

(36  ',5(.&,-$ =$ ',675,%8&,-8 (/(.

75,A1( (1(5*,-(
%HRJUDG 9RMYRGH 6WHSH 

7(+1,A.$35(3258.$EU
'2'$7$.

261291,=$+7(9,=$3218'8,1$58;%,18
841,+(1(5*(76.,+75$16)250$725$
N9N9L  N9

%HRJUDG PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

,='$9$A
(36  ',5(.&,-$ =$ ',675,%8&,-8 (/(.75,A1(
(1(5*,-(

7HKQLaNR XUH_HZH 7RPLVODY %RMNRYL`


.RUHNWXUD 7RPLVODY %RMNRYL`
>WDPSD 067 *DML` %HRJUDG
7LUDC  SULPHUDND

'2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

1D RVQRYX SUHGORJD 5DGQH JUXSH 7HKQLaNL VDYHW (36D 'LUHNFLMD ]D GL


VWULEXFLMX HOHNWULaQH HQHUJLMH 6UELMH L]GDMH
'2'$7$. 7(+1,A.( 35(3258.( EU

261291, =$+7(9, =$ 3218'8 , 1$58;%,18


841,+ (1(5*(76.,+ 75$16)250$725$
 N9  N9 L    N9

=ERJ YDCQRVWL SULPHQH HQHUJHWVNLK WUDQVIRUPDWRUD ; N9


]D SRVWX
SDQ EU] L HNRQRPLaDQ SUHOD]DN QD QD]LYQL QDSRQ  9
X QLVNRQDSRQVNLP
PUHCDPD WHKQLaNL UXNRYRGLRFL -3 (' 6UELMH VX GXCQL GD XYDCH ]DKWHYH
L] RYRJ GRGDWND SUHSRUXNH ]D SRQXGX L QDUX[ELQX HQHUJHWVNLK WUDQVIRU
PDWRUD ; N9

AODQRYL 7HKQLaNRJ VDYHWD

 0LOXWLQ 5DGXORYL` 3UHGVHGQLN (OHNWURGLVWULEXFLMD %HRJUDG


 'UDJDQ %DONRVNL (36 %HRJUDG
 PU -RVLI 6SLUL` (OHNWURGLVWULEXFLMD /HVNRYDF
 PU 1HQDG .DWL` (OHNWURYRMYRGLQD 1RYL 6DG
 0LORVDY )LOLSRYL` (OHNWURVUELMD .UDTHYR
 0LRGUDJ 3DYNRYL` (OHNWURWLPRN =DMHaDU
 0LORMH -H]GLPLURYL` (OHNWURGLVWULEXFLMD 8CLFH
 .RQVWDQWLQ #LYNRYL` (OHNWURGLVWULEXFLMD 1L^
 PU 0LODGLQ 7DQDVNRYL` (OHNWURGLVWULEXFLMD %HRJUDG
 0LURVODY 0DUNRYL` (OHNWURSULYUHGD &UQH *RUH 1LN^L`
 'UDJL` 1LNROL` (OHNWUR^XPDGLMD .UDJXMHYDF
 0LRGUDJ $Q_HONRYL` (OHNWURNRVPHW 3UL^WLQD
 9ODMNR 0XZDV (OHNWURPRUDYD 3RCDUHYDF
 0LRGUDJ 0LTNRYL` (OHNWURGLVWULEXFLMD 9UDZH
 0LORUDG 7X^HYTDN (OHNWURSULYUHGD 5HSXEOLNH 6USVNH
 *RMNR 3UD^WDOR (OHNWURGLVWULEXFLMD%DZD /XND
 #DUNR 0L`LQ (OHNWURYRMYRGLQD 1RYL 6DG
 $OHNVDQGDU 3HWURYL` (OHNWURVUELMD 9DTHYR
 )HGRUD /RQaDUHYL` (36'LUHNFLMD ]D GLVWULEXFLMX %HRJUDG
 6ORERGDQ .XMRYL` (36'LUHNFLMD ]D GLVWULEXFLMX %HRJUDG
AODQRYL 5DGQH JUXSH

 #DUNR 0L`LQ (OHNWURYRMYRGLQD 1RYL 6DG


 6ORERGDQ 0DNVLPRYL` (OHNWURGLVWULEXFLMD %HRJUDG
 5DWNR ,VLGRURYL` 0LQHO  7UDIR 0ODGHQRYDF
 .RQVWDQWLQ #LYNRYL` (OHNWURGLVWULEXFLMD 1L^
 1LNROD *D^L` (36  'LUHNFLMD ]D GLVWULEXFLMX %HRJUDG
 7RPLVODY %RMNRYL` (36  'LUHNFLMD ]D GLVWULEXFLMX %HRJUDG

PDUW 

PDUW  '2'$7$. 35(3258.(


(/(.752',675,%8&,-$ 65%,-( 73

'2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

 23>7, 32'$&, , 1$=1$A(1( .$5$.7(5,67,.( -86 ,(& 

 7HUPLQL
3UHPD -86 ,(&  SRJODYTH 
 2S^WL SRGDFL
7URID]QL XTQL HQHUJHWVNL WUDQVIRUPDWRU X GDTHP WHNVWX
WUDQVIRUPDWRU  VD RGYRMHQLP QDPRWDMLPD ]D VSRTQX PRQWDCX
SUHGYL_HQ ]D UDG X HOHNWURGLVWULEXWLYQRM PUHCL QD]LYQRJ QDSRQD
 N9 QDMYL^L QDSRQ  N9   N9
QDMYL^L QDSRQ L N9  N9
QDMYL^L QDSRQ  N9 
QD]LYQH IUHNYHQFLMH  +]
1HXWUDOQD WDaND PUHCH  N9  N9
L MH L]RORYDQD LOL X]HPTHQD
SUHNR QLVNRRPVNH LPSHGDQVH 73 
0UHCD  N9
MH GLUHNWQR X]HPTHQD
 3RGDFL R RNROLQL QD PHVWX PRQWDCH
 P
QDGPRUVND YLVLQD QH SUHOD]L 
 WHPSHUDWXUQL RSVHJ   &   &
R
GR R

 XVORYL ]DJD_HZD ODNL QLVX SRWUHEQH SRVHEQH PHUH ]D^WLWH


 VHL]PLaNL XWLFDML QH SRVWDYTDMX VH SRVHEQL ]DKWHYL
 1DaLQ KOD_HZD -86 ,(&     21$1
 XQXWUD^ZH PLQHUDOQR XTH SULURGQR VWUXMDZH NUR] KODGZDNH L
QDPRWDMH
 VSRTD^ZH YD]GXK SULURGQR VWUXMDZH
 1D]QDaHQH VQDJH
1D]QDaHQD VQDJD YDCL ]D WUDMDQ SRJRQ QD]QDaHQX IUHNYHQFLMX  +]
L JODYQL L]YRG QDPRWDMD YL^HJ QDSRQD *ODYQL L]YRG MH L]YRG PDNVL
PDOQH VWUXMH
8 HOHNWURGLVWULEXWLYQRM PUHCL VH NRULVWH QD]QDaHQH VQDJH

 N9$  N9$  N9$  N9$  N9$  N9$ L  N9$
=D SRWUHEH LQGXVWULMVNLK SRJRQD NRML VH SULNTXaXMX QD HOHNWUR
GLVWULEXWLYQX PUHCX PRJX MR^ GD VH NRULVWH L QD]QDaHQH VQDJH

 N9$ L  N9$


 1D]QDaHQL QDSRQL QDPRWDMD
  QDPRWDM YL^HJ QDSRQD  N9
 QDPRWDM QLCHJ QDSRQD  9   9
  QDPRWDM YL^HJ QDSRQD  N9
 QDPRWDM QLCHJ QDSRQD  9   9
  QDPRWDM YL^HJ QDSRQD SUHNORSTLY   N9  N9 
 QDPRWDM QLCHJ QDSRQD  9   9
 ,]YRGL L UHJXODFLMD QDSRQD -86 ,(&    L -86 1+ 
1DPRWDM YL^HJ QDSRQD MH QDPRWDM VD L]YRGLPD
2SVHJ L]YRGD MH  [ 
,]YRGL VH ELUDMX SRPR`X PHZDaD VD SHW SRORCDMD X EH]QDSRQVNRP
VWDZX WUDQVIRUPDWRUD

PDUW  '2'$7$. 35(3258.( 


(/(.752',675,%8&,-$ 65%,-( 73

,]YRG VD R]QDNRP RGJRYDUD QDMYH`HP EURMX QDYRMDND L]YRG 


MH
JODYQL L]YRG D L]YRG VD R]QDNRP 
RGJRYDUD QDMPDZHP EURMX QDYR
MDND
5HJXODFLMD QDSRQD MH VD NRQVWDQWQLP IOXNVRP 1.)

 6SUHJD
 ]D QD]QDaHQH VQDJH WUDQVIRUPDWRUD GR  N9$ <]Q
 ]D QD]QDaHQH VQDJH WUDQVIRUPDWRUD YH`H RG  N9$ '\Q
 ]D SUHNORSTLYH WUDQVIRUPDWRUH    N9 < < ]Q
]D QD]QD
aHQH VQDJH GR  N9$  RGQRVQR ' ' \Q
]D QD]QDaHQH VQDJH YH`H RG
 N9$
 1DSRQ NUDWNRJ VSRMD -86 1+ 
 ]D QD]QDaHQH VQDJH WUDQVIRUPDWRUD GR  N9$ 
 ]D QD]QDaHQH VQDJH WUDQVIRUPDWRUD YH`H RG  N9$ 
 9UHGQRVWL JXELWDND SUD]QRJ KRGD 3R JXELWDND ]ERJ RSWHUH`HZD
3FX L VWUXMD SUD]QRJ KRGD ,R GDWH VX X WDEHOL 
*XELFL SUD]QRJ KRGD 3R RGQRVH VH QD QD]QDaHQL QDSRQ L QD]QDaHQX
IUHNYHQFLMX  +]
*XELFL ]ERJ RSWHUH`HZD 3FX RGQRVH VH QD JODYQL L]YRG L UHIH
UHQWQX WHPSHUDWXUX R
 &
6WUXMD SUD]QRJ KRGD ,R RGQRVL VH QD QD]QDaHQL QDSRQ QD]QDaHQX
IUHNYHQFLMX  +]L JODYQL L]YRG
8 WDEHOL VH SDUDPHWUL R]QDaHQL LQGHNVRP   V 3  3  ,
FXV RV RGQRVH
-86
RV
QD VWDQGDUGQX NRQVWUXNFLMX WUDQVIRUPDWRUD X VNODGX VD
1+ 9UHGQRVWL RYLK SDUDPHWDUD `H VH WROHULVDWL ]D WUDQV
IRUPDWRUH SURL]YHGHQH GR  JRGLQH
8 WDEHOL VH SDUDPHWUL R]QDaHQL LQGHNVRP   Q 3  3  ,
RQ FXQ RQ RGQRVH
QD QRYX NRQVWUXNFLMX WUDQVIRUPDWRUD VD VPDZHQLP JXELFLPD L
VPDZHQRP HQHUJLMRP PDJQH`HZD SUL aHPX VH VPDZHZH SRVWLCH NRQ
VWUXNWLYQLP ]DKYDWLPD X] NRUL^`HZH SULEOLCQR LVWH NROLaLQH
PDWHULMDOD LVWRJ NYDOLWHWD OLP EDNDU NDR NRG VWDQGDUGQRJ
UH^HZD 9UHGQRVWL RYLK SDUDPHWDUD VX REDYH]QH ]D WUDQVIRUPD
WRUH SURL]YHGHQH SRVOH  JRGLQH
6SRUD]XPRP L]PH_X SURL]YR_DaD WUDQVIRUPDWRUD L QDUXaLRFD PRJX
GD VH XJRYRUH YUHGQRVWL JXELWDND NRMH VX QLCH X RGQRVX QD YUHG
QRVWL L] WDEHOH 
8 SULORJX RYRJ 'RGDWND SUHSRUXNH GDW MH SULPHU UDaXQD RSWLPL
]DFLMH WUR^NRYD QDEDYNH L WUR^NRYD HNVSORDWDFLMH WUDQVIRUPD
WRUD

 '2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

7DEHOD  *XELFL L VWUXMH SUD]QRJ KRGD VWDQGDUGQH L QRYH


NRQVWUXNFLMH (7D

6WDQGDUGQD
1RYD NRQVWUXNFLMD
6QDJD NRQVWUXNFLMD
[kVA] Pos Pcus Pon Pcun
Ios [%] Ion [%]
[W] [W] [W] [W]
      
      
      
      
      
      
      

 2SWHUH`HZH WUDQVIRUPDWRUD L SRUDVW WHPSHUDWXUH


2SWHUH`LYDZHZH WUDQVIRUPDWRUD WUHED GD EXGH X VNODGX VD VWDQ
GDUGRP -86 1+ ,(& 
L  D SRUDVW WHPSHUDWXUH X VNODGX VD
-86 ,(& 

6WH]DTND QHXWUDOQH WDaNH QDPRWDMD QLCHJ QDSRQD MH RSWHUHWTLYD
QD]QDaHQRP VWUXMRP WUDQVIRUPDWRUD
 6WHSHQ VWXSDZ L]RODFLMH -86 1+

.RULVWL VH MHGQROLND L]RODFLMD QDPRWDMD WDNR GD VYL NUDMHYL NRML
VX VSRMHQL QD VWH]DTNH LPDMX SUHPD ]HPTL LVWL SRGQRVLYL QDSRQ
LQGXVWULMVNH IUHNYHQFLMH
1DMYL^L QDSRQ RSUHPH SULPHZHQ QD QDPRWDMH WUDQVIRUPDWRUD QDM
YL^D YUHGQRVW QDSRQD L]PH_X ID]D QH VPH GD EXGH PDZL RG YUHG
QRVWL QDMYL^HJ QDSRQD PUHCH GDWLK X WDaNL 
6WHSHQL L]RODFLMH VX
 WUDQVIRUPDWRU  N9 /,  $&   $& 
 WUDQVIRUPDWRU   N9 /,  $&   $& 
 SUHNORSTLY WUDQVIRUPDWRU     N9 /,  $&   $& 
6ORYQD R]QDND /,
R]QDaDYD SRGQRVLYL DWPRVIHUVNL XGDUQL QDSRQ D
$& SRGQRVLYL QDL]PHQLaQL QDSRQ LQGXVWULMVNH IUHNYHQFLMH SUL
aHPX VX RGJRYDUDMX`H YUHGQRVWL GDWH X NLORYROWLPD [kV] 
 1LYR EXNH WUDQVIRUPDWRUD
1DMYL^H YUHGQRVWL GRSX^WHQLK QLYRD ]YXaQH VQDJH WUDQVIRUPD
WRUD XWYU_HQH VX VWDQGDUGRP -86 1+
0HUHZH EXNH YU^L VH SUHPD -86 1+

PDUW  '2'$7$. 35(3258.( 


(/(.752',675,%8&,-$ 65%,-( 73

 261291( .216758.7,91( .$5$.7(5,67,.( , 235(0$

 7UDQVIRUPDWRU MH VD NRQ]HUYDWRURP GLODWDFLRQL VXG 


3RORCDM NRQ]HUYDWRUD X ]DYLVQRVWL RG QD]QDaHQH VQDJH GDW MH X
VWDQGDUGX -86 1+
 0DJQHWQR NROR WUHED GD EXGH L]UD_HQR RG KODGQR YDTDQLK OLPRYD
YLVRNRJ PDJQHWQRJ SHUPHDELOLWHWD 7LS PDJQHWQRJ NROD L]RODFLMD
OLPRYD L VO RVWDYTD VH QD L]ERU SURL]YR_DaX WUDQVIRUPDWRUD VD
FLTHP L]QDODCHZD RSWLPDOQRJ UH^HZD
 1DPRWDML VX RG EDNUD YLVRNH aLVWR`H
1DPRWDML QLCHJ QDSRQD VX
 FLOLQGULaQL RG SURILOQH CLFH ]D QD]QDaHQH VQDJH GR  N9$
N9$
 WLSD IROLMD ]D QD]QDaHQH VQDJH YH`H RG 
 ,]RODFLRQR XTH
8 QRYLP WUDQVIRUPDWRULPD PRJX GD VH NRULVWH VDPR QRYD PLQHUDOQD
L]RODFLRQD XTD LVWRJ WLSD <  L VO L LVWRJ SURL]YR_DaD X
VNODGX VD VWDQGDUGRP -86 %+ 
3URL]YR_Da WUDQVIRUPDWRUD WUHED GD GD SRGDWNH R RVWDOLP XTLPD
NRMD PRJX GD VH PH^DMX X WRNX HNVSORDWDFLMH
 7UDQVIRUPDWRUVNL VXG L SRNORSDF
 7UDQVIRUPDWRUVNL VXG L SRNORSDF VX UREXVQH NRQVWUXNFLMH
L]UD_HQL RG NYDOLWHWQRJ PDWHULMDOD NRML VH QH GHIRUPL^H SUR
ELMDZHP RWYRUD L PRQWDCRP RSUHPH L SULERUD 6SRM VXGD VD
SRNORSFHP L]YRGL VH SRPR`X ]DYUWZHYD L ]DSWLYDaD RG NYDOL
WHWQRJ GXJRWUDMQRJ PDWHULMDOD VLOLNRQVND JXPD JXPD RWSRUQD QD
PLQHUDOQD XTD SOXWD VD JXPRP RWSRUQRP QD PLQHUDOQD XTD LWG 
 7UDQVIRUPDWRUVNL VXG L SRNORSDF PRUD GD EXGX NYDOLWHWQR
DQWLNRUR]LYQR ]D^WL`HQL RGPD^`LYDZH SHVNLUDZH QHNROLNR
VORMHYD ERMH  6YL ]D^WLWQL SUHPD]L VX RWSRUQL QD SRYL^HQX
WHPSHUDWXUX L PLQHUDOQD XTD 6SRTD^ZD ERMD MH VLYRPDVOLQDVWD
8NXSQD GHETLQD ]D^WLWQLK SUHPD]D L]QRVL QDMPDZH  P
6SRUD]XPRP VD SURL]YR_DaHP PRJX GD VH XJRYRUH L GUXJH YUVWH
DQWLNRUR]LYQH ]D^WLWH FLQNRYDZH L VO 
 +ODGLRQLFL VX RG YDORYLWRJ OLPD RWSRUQL QD YLEUDFLMH L VDVWDY
QL VX GHR WUDQVIRUPDWRUVNRJ VXGD LOL VX NODVLaQL UDGLMDWRUL
 2SUHPD L SULERU WUDQVIRUPDWRUVNRJ VXGD -86 1+ 
 GYD SULNTXaND ]D X]HPTHZH -86 1+ 
 QDWSLVQD SORaLFD -86 1+ SRVWDYTHQD VD VWUDQH QLVNRJ
QDSRQD DOL GUCDaL QDWSLVQH SORaLFH VH SRVWDYTDMX QD VYH
aHWLUL VWUDQH WUDQVIRUPDWRUVNRJ VXGD
 [HS ]D WHUPRPHWDU -86 1+ 
L WR MHGDQ ]D QD]QDaHQH VQDJH
GR  N9$L GYD ]D QD]QDaHQH VQDJH YH`H RG  N9$
 YHQWLO ]D LVSX^WDZH XTD VD aHSRP LOL NXJODVWRP VODYLQRP 
 RWYRU QD SRNORSFX ]D QDOLYDZH XTD

 '2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

 .RQ]HUYDWRU
 .RQ]HUYDWRU PRUD GD EXGH WDNYLK GLPHQ]LMD GD RGJRYDUD VYLP
XVORYLPD UDGD L SURPHQL WHPSHUDWXUH XTD X RSVHJX R
  &
GR
 &
R

.RQ]HUYDWRU MH SRYH]DQ VD WUDQVIRUPDWRUVNLP VXGRP SRPR`X FHYL


REOLND 6 X NRMX VH XPH`H JDVQL %XKROFRY UHOH LOL PH_XNRPDG
DNR VH RYDM UHOH QH XJUD_XMH
 =D^WLWD NRQ]HUYDWRUD RG NRUR]LMH YU^L VH NDR L ]D WUDQVIRUPD
WRUVNL VXG WDaND  
 2SUHPD L SULERU NRQ]HUYDWRUD -86 1+ 
 XTRND] JUDGXLVDQ X R &NDNR EL VH X HNVSORDWDFLML XTH QDOL
YDOR SUHPD WHPSHUDWXUL XTD X WUDQVIRUPDWRUX
 RWYRU ]D QDOLYDZH XTD
 aHS ]D LVSX^WDZH XTD L WDORJD
 VX^LRQLN YD]GXKD VD VLOLNDJHORP -86 1+ 
 3RUHG RSUHPH L SULERUD L] WDaNH  WUDQVIRUPDWRUL QD]QD
aHQLK VQDJD YH`LK RG  N9$ PRUDMX GD LPDMX SRVHEDQ YHQWLO
NRQ]HUYDWRUD NRML VSUHaDYD LVWLFDZH XTD NUR] VX^LRQLN
YD]GXKD SUL WUDQVSRUWX WUDQVIRUPDWRUD DOL NRML QH VSUHaDYD
ODNR LVWLFDZH XTD SUL QDJORP SRUDVWX SULWLVND XTD XVOHG NYDUD
XQXWDU WUDQVIRUPDWRUD 9HQWLO VH XJUD_XMH XQXWDU NRQ]HUYDWRUD L
REXKYDWD FHY VX^LRQLND YD]GXKD
.RG WUDQVIRUPDWRUD VD YHQWLORP NRQ]HUYDWRUD VX^LRQLN
YD]GXKD REDYH]QR VH XJUD_XMH RGPDK SR SXZHZX WUDQVIRUPD
WRUD XTHP

 3RNUHWDZH L SUHYR] WUDQVIRUPDWRUD


 7RaNRYLWUDQVIRUPDWRUD VX L]YHGHQL SUHPD VWDQGDUGX -86
1+ L
RPRJX`XMX NUHWDZH X SUDYFLPD RVD VLPHWULMH WUDQV
IRUPDWRUVNRJ VXGD
5D]PDN WRaNRYD MH SUHPD VWDQGDUGX -86 1+
 8^LFH ]D GL]DZH WUDQVIRUPDWRUD GYH LOL aHWLUL PRUDMX SUHNR
SRNORSFD WUDQVIRUPDWRUVNRJ VXGD GD EXGX PHKDQLaNL YH]DQH ]D
DNWLYQL GHR WDNR GD VH GL]DZHP WUDQVIRUPDWRUD QH QDSUHCH
WUDQVIRUPDWRUVNL VXG
 8UH_DML ]D ]D^WLWX WUDQVIRUPDWRUD
.RG WUDQVIRUPDWRUD QD]QDaHQLK VQDJD YH`LK RG  N9$
XJUD_XMX VH
 *DVQL %XKROFRY UHOH ]D ]D^WLWX RG XQXWUD^ZLK NYDURYD L
JXELWND XTD *DVQL UHOH WUHED GD MH NRQVWUXNFLMH RWSRUQH QD
]HPTRWUHVH UHHG
NRQWDNWL  SD VH QH SUHSRUXaXMH NRQVWUXNFLMD
UHOHD VD CLYLQLP NRQWDNWLPD
&
 7HUPRVWDW SRGH^HQ QD  R LOL NRQWDNWQL WHUPRPHWDU

PDUW  '2'$7$. 35(3258.( 


(/(.752',675,%8&,-$ 65%,-( 73

 ,63,7,9$:( 75$16)250$725$

 ,VSLWLYDZH WUDQVIRUPDWRUD YU^L VH NDR NRPDGQR LVSLWLYDZH


LVSLWLYDZH WLSD SULMHPQR LVSLWLYDZH L SRVHEQR LVSLWLYDZH

 .RPDGQR LVSLWLYDZH MH LVSLWLYDZH NRMH VH YU^L QD VYDNRP SRMHGL


QRP WUDQVIRUPDWRUX -86 1+ L REXKYDWD
 PHUHZH RWSRUQRVWL QDPRWDMD
 PHUHZH RGQRVD WUDQVIRUPDFLMH X VYLP SRORCDMLPD PHZDaD
 SURYHUDYDZH VSUHJH
 PHUHZH QDSRQD NUDWNRJ VSRMD
 PHUHZH JXELWDND SUD]QRJ KRGD
 PHUHZH JXELWDND ]ERJ RSWHUH`HZD
 PHUHZH VWUXMH SUD]QRJ KRGD
 LVSLWLYDZH L]RODFLMH LQGXNRYDQLP QDSRQRP L VWUDQLP QDSRQRP
-86 1+

 LVSLWLYDZH XTD
 ,VSLWLYDZH WLSD MH LVSLWLYDZH NRMH YU^L SURL]YR_Da QD MHGQRP
WUDQVIRUPDWRUX NDR SUHGVWDYQLNX GUXJLK LVWLK LOL VOLaQLK WUDQV
IRUPDWRUD 8 RYR LVSLWLYDZH VSDGD
 PHUHZH SRYL^HZD WHPSHUDWXUH RJOHG ]DJUHYDZD SUHPD VWDQGDUGX
-86 ,(& 
 PHUHZH QLYRD EXNH SUHPD VWDQGDUGX -86 1+
 3ULMHPQR LVSLWLYDZH MH VYDNR LVSLWLYDZH NRMH VH REDYTD X
SULVXVWYX NRULVQLND NXSFD  2QR SR SUDYLOX REXKYDWD
 NRPDGQR LVSLWLYDZH WDaND  
 LVSLWLYDZH QHSURSXVWTLYRVWL ]DSWLYHQRVWL WUDQVIRUPDWRUVNRJ
VXGD WDaND  
 LVSLWLYDZH IXQNFLRQDOQRVWL RSUHPH L XUH_DMD
 3RVHEQR LVSLWLYDZH VH YU^L VDPR DNR VH SRVHEQR XJRYRUL 8 RYD
LVSLWLYDZD VSDGDMX QD SULPHU LVSLWLYDZH XGDUQLP QDSRQRP LVSL
WLYDZH RWSRUQRVWL QDPRWDMD X NUDWNRP VSRMX L VO
 ,VSLWLYDZH QHSURSXVWTLYRVWL ]DSWLYHQRVWL WUDQVIRUPDWRU
VNRJ VXGD
 X ID]L SURL]YRGZH WUDQVIRUPDWRUD YL]XHOQL SUHJOHG X] XSRWUHEX
VSHFLMDOQRJ VYHWOD L SHQHWUDQWD
 NRG SULMHPD WUDQVIRUPDWRUD YL]XHOQL SUHJOHG L LVSLWLYDZH QDG
SULWLVNRP NRML VH SRVWLCH VD GYH YLVLQH XTQRJ VWXED X WUDMDZX RG
GYD VDWD

 '2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

 '2.80(17$&,-$

 8] VYDNL WUDQVIRUPDWRU SURL]YR_Da MH GXCDQ GD GRVWDYL VOHGH


`X GRNXPHQWDFLMX
 LVSLWQH OLVWRYH L DWHVWH R NRPDGQRP LVSLWLYDZX LVSLWLYDZX WLSD
QD XYLG L SRVHEQRP LVSLWLYDZX DNR MH XJRYRUHQR 
 IDEULaNH DWHVWH XJUD_HQH RSUHPH SULERUD L PDWHULMDOD XNROLNR MH
WR SUHGYL_HQR VWDQGDUGRP
 DWHVW R LVSLWLYDZX L]RODFLRQRJ XTD SRWYUGX R SRUHNOX L R]QDFL
XTD NDR L SRGDWNH R RVWDOLP XTLPD NRMD PRJX GD VH PH^DMX X WRNX
HNVSORDWDFLMH
 FUWHCH VD L]JOHGRP L JODYQLP PHUDPD WUDQVIRUPDWRUD UDVSRUH
GRP RSUHPH L SULERUD NDR L WHCLQL WUDQVIRUPDWRUD
 XSXWVWYR ]D PRQWDCX UXNRYDZH RGUCDYDZH L SRJRQ WUDQVIRUPD
WRUD
 *ODYQH PHUH L]JOHG WUDQVIRUPDWRUD UDVSRUHG RSUHPH L SULERUD
WDaNH YH^DZD NRQVWUXNFLMD WUDQVIRUPDWRUVNRJ VXGD WHCLQD SRUH
NOR L]RODFLRQRJ XTD IDEULNDW L WLS RSUHPH L SULERUD QH PRJX GD
VH PHZDMX EH] VDJODVQRVWL NRULVQLND

 326(%1$ 1$320(1$

.DNR VH SRaHY RG  JRGLQH SUYL SXW X GLVWULEXWYQX PUHCX


6UELMH XJUD_XMX WUDQVIRUPDWRUL  N9  N9 L   
 N9 RYL WUDQVIRUPDWRUL PRUDMX GD EXGX SRVHEQR REHOHCHQL
WDNR GD VH YL]XHOQR ODNR UD]OLNXMX RG WUDQVIRUPDWRUD  N9
 N9 L    N9 NRML VH VDGD QDOD]H X HNVSORDWDFLML
7UDQVIRUPDWRUL  N9  N9 L    N9 QRUPDOQR
VH LVSRUXaXMX VD PHZDaHP NRML MH SRVWDYTHQ X SRORCDM  L]YRG
VD QDMYH`LP EURMHP QDYRMDND  2YDM SRORCDM VH SORPELUD

/LWHUDWXUD
 =ELUND MXJRVORYHQVNLK VWDQGDUGD  HQHUJHWVNL WUDQVIRUPDWRUL

6DYH]QL ]DYRG ]D VWDQGDUGL]DFLMX %HRJUDG 

 7HKQLaNH SUHSRUXNH (' 6UELMH

PDUW  '2'$7$. 35(3258.( 


(/(.752',675,%8&,-$ 65%,-( 73

35,/2*
3ULPHUUDaXQDRSWLPL]DFLMHWUR^NRYDQDEDYNH
LWUR^NRYDHNVSORDWDFLMHWUDQVIRUPDWRUD

3RYRTQRVW WUDQVIRUPDWRUD VH L]PH_X RVWDORJ RFHZXMH SUHPD


WUR^NRYLPD QDEDYNH L WUR^NRYLPD X SRJRQX ,]UD] SUHPD NRMHP VH
WUDQVIRUPDWRUL XSRUH_XMX

7 = 3 & + 3FX &  + . & 


JGH VX
3  JXELFL SUD]QRJ KRGD N:
3  JXELFL ]ERJ RSWHUH`HZD N:


.  QDEDYQD FHQD WUDQVIRUPDWRUD


FX

ALQLRFL &  &  & RGUH_HQL VX L]UD]LPD


  

& = &J W DD 
Q

6 EQ D

& = &J 6 E  D

Q

& = (SG + SD + SL ) DD   
Q

JGH VX
&  SURVHaQD FHQD JXELWND X PUHCL  N9  N9  GLQ N:K 
W  WUDMDZH NRUL^`HZD WUDQVIRUPDWRUD X WRNX JRGLQH K 
J

2  SURVHaQR JRGL^ZH WUDMDZH JXELWND NRG YU^QRJ RSWHUH`HZD K 


6  SRaHWQR RSWHUH`HZH WUDQVIRUPDWRUD N9$ 
6  NUDMZH NRQDaQR RSWHUH`HZH WUDQVIRUPDWRUD N9$ 


S  VWRSD GUX^WYHQH DNXPXODFLMH  


Q

S  DNWXHOL]RYDQD VWRSD DPRUWL]DFLMH  


G

S  VWRSD RGUCDYDZD  
D
L

2VQRYLFH D L E RGUH_XMX VH L]UD]LPD


SG
D =  + 
S
E =  + 

 '2'$7$. 35(3258.( PDUW 


(/(.752',675,%8&,-$ 65%,-( 73

JGH MH
S  VWRSD JRGL^ZHJ UDVWD RSWHUH`HZD 
6WHSHQ Q RGUH_XMH VH L]UD]RP
J 66Q
Q = + JE
$NWXHOL]RYDQX VWRSX DPRUWL]DFLMH S  RGUH_XMH L]UD]
SG
D

SD =
S 7
 + G 
D



JGH MH 7D YHN WUDMDZD WUDQVIRUPDWRUD JRG 

PDUW  '2'$7$. 35(3258.( 


(/(.752',675,%8&,-$ 65%,-( 73

6$'5#$-
5HG 6WU
EURM
 2S^WL SRGDFL L QD]QDaHQH NDUDNWHULVWLNH 
 2VQRYQH NRQVWUXNWLYQH NDUDNWHULVWLNH L RSUHPD 
 ,VSLWLYDZH WUDQVIRUPDWRUD 
 'RNXPHQWDFLMD 
 3RVHEQD QDSRPHQD 
 3ULORJ 

 '2'$7$. 35(3258.( PDUW 

Das könnte Ihnen auch gefallen