)250 12 3UR/LQH +3 µ 0LG 6L]H 0RZHU 0RGHO 1R 2SHUDWRU·V 0DQXDO ,03257$17 5HDG WKLV PDQXDO FDUHIXOO\ ,W FRQWDLQV LQIRUPDWLRQ DERXW \RXU VDIHW\ DQG WKH VDIHW\ RI RWKHUV $OVR EHFRPH IDPLOLDU ZLWK WKH FRQWUROV DQG WKHLU SURSHU XVH EHIRUH \RX RSHUDWH WKH SURGXFW
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
&RQWHQWV 6DIHW\ 6DIH 2SHUDWLQJ 3UDFWLFHV 6ORSH &KDUW 6DIHW\ DQG ,QVWUXFWLRQ 'HFDOV *DVROLQH DQG 2LO 5HFRPPHQGHG *DVROLQH 6WDELOL]HU &RQGLWLRQHU )LOOLQJ WKH )XHO 7DQN &KHFN (QJLQH 2LO /HYHO
6DIHW\ 7KLV PDFKLQH PHHWV RU H[FHHGV VDIHW\ UHTXLUHPHQWV % RI WKH $PHULFDQ 1DWLRQDO 6WDQGDUGV ,QVWLWXWH IRU FRPPHUFLDO PRZHUV LQ HIIHFW DW WLPH RI SURGXFWLRQ +RZHYHU LPSURSHU XVH RU PDLQWHQDQFH E\ WKH RSHUDWRU RU RZQHU FDQ UHVXOW LQ LQMXU\ 7R UHGXFH WKH SRWHQWLDO IRU LQMXU\ FRPSO\ ZLWK WKHVH VDIHW\ LQVWUXFWLRQV DQG DOZD\V SD\ DWWHQWLRQ WR WKH VDIHW\ DOHUW V\PERO ZKLFK PHDQV &$87,21 :$51,1* RU '$1*(5³´SHUVRQDO VDIHW\ LQVWUXFWLRQ µ )DLOXUH WR FRPSO\ ZLWK WKH LQVWUXFWLRQ PD\ UHVXOW LQ SHUVRQDO
6DIHW\ ' 'R QRW VPRNH ZKLOH UHIXHOLQJ .
DIHW\ 0DLQWHQDQFH $QG 6WRUDJH 3HUIRUP RQO\ WKRVH PDLQWHQDQFH LQVWUXFWLRQV GHVFULEHG LQ WKLV PDQXDO ,I PDMRU UHSDLUV DUH HYHU QHHGHG RU LI DVVLVWDQFH LV GHVLUHG FRQWDFW \RXU ORFDO $XWKRUL]HG 7252 6HUYLFH 'HDOHU %HIRUH PRZHU LV FOHDQHG LQVSHFWHG VHUYLFHG RU DGMXVWHG VWRS HQJLQH DQG GLVFRQQHFW ZLUH IURP VSDUN SOXJ .
6DIHW\ 6ORSH &KDUW 5HDG DOO VDIHW\ LQVWUXFWLRQV RQ SDJHV
6DIHW\ 6DIHW\ DQG ,QVWUXFWLRQ 'HFDOV 6DIHW\ GHFDOV DQG LQVWUXFWLRQV DUH HDVLO\ YLVLEOH WR WKH RSHUDWRU DQG DUH ORFDWHG QHDU DQ\ DUHD RI SRWHQWLDO GDQJHU 5HSODFH DQ\ GHFDO WKDW LV GDPDJHG RU ORVW 21 833(5 &21752/ %$5 3DUW 1R 21 723 )5217 2) 02:(5 3DUW 1R 21 /2:(5 &21752/ %$5 3DUW 1R 21 &21752/ 3$1(/ 3DUW 1R ( 21 7+( *($5 6(/(&7,21 3$1(/ 3DUW 1R ( $%29( 08))/(5 3DUW 1R $%29( *5$66 '()/(&725 3DUW 1R 21 723 /()7 6,'(
6DIHW\ 21 5($5 2) 02:(5 3DUW 1R ( 21 3$5.,1* %5$.( 3DUW 1R ( 21 /()7 6,'( 2) +$1'/( )5$0( 3DUW 1R ( $/21* /()7 6,'( 2) )8(/ 7$1.
*DVROLQH DQG 2LO 5HFRPPHQGHG *DVROLQH 6WDELOL]HU &RQGLWLRQHU 8VH 81/($'(' 5HJXODU *DVROLQH VXLWDEOH IRU DXWRPRWLYH XVH SXPS RFWDQH PLQLPXP /HDGHG UHJXODU JDVROLQH PD\ EH XVHG LI XQOHDGHG UHJXODU LV QRW DYDLODEOH $GG WKH FRUUHFW DPRXQW RI JDV VWDELOL]HU FRQGLWLRQHU WR WKH JDV ,03257$17 1HYHU XVH PHWKDQRO JDVROLQH FRQWDLQLQJ PHWKDQRO RU JDVRKRO FRQWDLQLQJ PRUH WKDQ HWKDQRO EHFDXVH WKH IXHO V\VWHP FRXOG EH GDPDJHG 'R QRW PL[ RLO ZLWK JDVROLQH 327(17,$/ +$=$5' ,Q FHUWDLQ FRQGLWLRQV JDVRO
$VVHPEO\ /RRVH 3DUWV 1RWH 8VH WKH FKDUW EHORZ WR YHULI\ DOO SDUWV KDYH EHHQ VKLSSHG '(6&5,37,21 47< &DVWRU DVVHPEOLHV %ROW [ µ PP )ODQJH QXW 8SSHU KDQGOH %ROW [ µ PP /RFNQXW 3ODVWLF WHUPLQDO :LUH WLH 5RG ILWWLQJ &OHYLV SLQ :DVKHU µ +DLUSLQ FRWWHU 372 URG +DLUSLQ FRWWHU 6KLIW OHYHU 5XEEHU VHDO 6TXDUH KROH ZDVKHU 6SULQJ ZDVKHU /RFNQXW 86( ,QVWDOO IURQW FDVWRUV WR PRZHU ,QVWD
$VVHPEO\ '(6&5,37,21 47< )XHO WDQN %ROW [ µ PP /RFN ZDVKHU µ :DVKHU µ 6WXG 6SULQJ +RVH FODPS 2SHUDWRU·V 0DQXDO (QJLQH 2SHUDWRU·V 0DQXDO 3DUWV &DWDORJ 5HJLVWUDWLRQ FDUG 86( ,QVWDOO IXHO WDQN 5HDG EHIRUH RSHUDWLQJ PDFKLQH )LOO RXW DQG UHWXUQ WR 7RUR ,QVWDOO )URQW &DVWRUV ,QVWDOO 8SSHU +DQGOH $OLJQ FDVWRUV ZLWK KROHV RQ WRS DQG IURQW RI PRZHU DQG LQVHUW [ µ PP EROWV WKURXJK PRZHU 6HFXUH ZLWK IOD
$VVHPEO\ &RQQHFW :LUH +DUQHVV ,QVWDOO 7UDFWLRQ &RQWURO 5RGV 7KUHDG WUXQQLRQV HTXDO GLVWDQFH RQWR HDFK FRQWURO URG )RU D VWDUWLQJ SRLQW WKUHDG RQ DSSUR[LPDWHO\ LQ PP )LJ :LWK WUXQQLRQ URG XS VOLGH FOHYLV SLQV WKURXJK URG ILWWLQJV DQG PRXQWLQJ KROHV LQ LGOHU EUDFNHWV IURP RXWVLGH )LJ 6HFXUH ZLWK µ PP ZDVKHUV DQG KDLUSLQ FRWWHUV )LJ 5RXWH ZLUH KDUQHVV LQVLGH RI IUDPH DORQJ OHIW KDQGOH DQG RYHU WKURWWOH FDEOH &RPSUHVV ZLUH KDUQHVV FRYHULQJ DQG SUHVV LQ
$VVHPEO\ &KHFN WKH JDS EHWZHHQ XSSHU FRQWURO EDU DQG IL[HG EDU ZLWK ZKHHO GULYH IXOO\ HQJDJHG *DS VKRXOG EH DSSUR[LPDWHO\ WR LQ PP )LJ 1RWH 7KH XSSHU FRQWURO EDU DQG IL[HG EDU PXVW EH SDUDOOHO LQ WKH HQJDJHG UHOD[HG DQG EUDNH SRVLWLRQV &KHFN RSHUDWLRQ ,I DGMXVWPHQW LV UHTXLUHG UHPRYH KDLUSLQ FRWWHU VHFXULQJ URG WR XSSHU FRQWURO EDU 7KUHDG URG LQ RU RXW RI ILWWLQJ IRU SURSHU SRVLWLRQ DQG LQVWDOO LQWR XSSHU FRQWURO EDU ZLWK KDLUSLQ FRWWHU $IWHU DGMXVWLQJ FRQWURO
$VVHPEO\ ,QVWDOO %ODGH &RQWURO 372 5RG ,QVWDOO 6KLIW /HYHU 5RWDWH EODGH FRQWURO OHYHU 372 YHUWLFDO DZD\ IURP OHIW KDQGOH VR URG GURSV GRZQ 5HPRYH KDLUSLQ FRWWHUV IURP ERWWRP HQG RI EODGH FRQWURO URG 372 )LJ 6HFXUH EODGH FRQWURO 372 URG WKURXJK KROH LQ EHOOFUDQN ZLWK KDLUSLQ FRWWHUV )LJ 1RWH 6OLGH VKLIW OHYHU WKURXJK FRQWURO SDQHO DQG DOLJQ PRXQWLQJ KROH LQ OHYHU ZLWK VTXDUH RQ WUDQVPLVVLRQ VKDIW 6HFXUH OHYHU WR WUDQVPLVVLRQ ZLWK SUHYLRXVO\ UHPRYHG VSULQJ ZDV
$VVHPEO\ 0RXQW )XHO 7DQN $OLJQ IXHO WDQN WR WRS RI UHDU IUDPH DQG VHFXUH IXHO WDQN ULJKW VLGH ZLWK [ LQ PP EROWV ORFN ZDVKHUV DQG ZDVKHUV )LJ 3XVK IXHO OLQH RQWR IXHO WDQN ILWWLQJ DQG VHFXUH ZLWK KRVH FODPS )LJ 6HFXUH IXHO WDQN OHIW VLGH WR IUDPH ZLWK [ LQ PP VWXGV ZDVKHUV DQG ORFNQXWV )LJ P )LJXUH )XHO OLQH +RVH FODPS )XHO ILWWLQJ P
2SHUDWLRQ 7KLQN 6DIHW\ )LUVW 3OHDVH FDUHIXOO\ UHDG DOO WKH VDIHW\ LQVWUXFWLRQV DQG V\PEROV LQ WKH VDIHW\ VHFWLRQ .
2SHUDWLRQ 3DUNLQJ %UDNH $OZD\V VHW WKH SDUNLQJ EUDNH ZKHQ \RX VWRS WKH PDFKLQH RU OHDYH LW XQDWWHQGHG 6HWWLQJ WKH 3DUNLQJ %UDNH 3XOO WKH XSSHU FRQWURO EDU UHDUZDUG DQG KROG LW LQ WKLV SRVLWLRQ )LJ /LIW WKH SDUNLQJ EUDNH ORFN XS DQG JUDGXDOO\ UHOHDVH WKH XSSHU FRQWURO EDU )LJ 7KH EUDNH ORFN VKRXOG VWD\ LQ WKH VHW ORFNHG SRVLWLRQ 5HOHDVLQJ WKH 3DUNLQJ %UDNH 3XOO UHDUZDUG RQ WKH XSSHU FRQWURO EDU )LJ /RZHU WKH SDUNLQJ EUDNH ORFN WR WKH UHOHDVHG SRVLWLRQ *UDGXDOO\
2SHUDWLRQ 6WDUWLQJ DQG 6WRSSLQJ WKH (QJLQH 6WRSSLQJ 1RWH 6WDUWLQJ 0DNH VXUH VSDUN SOXJ ZLUH V DUH LQVWDOOHG RQ VSDUN SOXJ V DQG IXHO YDOYH LV RSHQ 0RYH WKH EODGH FRQWURO WR RII WKH VKLIW OHYHU WR QHXWUDO DQG VHW WKH SDUNLQJ EUDNH 0RYH WKH WKURWWOH FRQWURO WR &+2.
2SHUDWLRQ 2SHUDWLQJ %ODGH &RQWURO 372 7KH 6DIHW\ ,QWHUORFN 6\VWHP 7KH EODGH FRQWURO 372 OHYHU HQJDJHV DQG GLVHQJDJHV SRZHU WR WKH PRZHU EODGHV 8QGHUVWDQGLQJ WKH 6DIHW\ ,QWHUORFN 6\VWHP (QJDJLQJ WKH 0RZHU %ODGHV 372 7KH VDIHW\ LQWHUORFN V\VWHP LV GHVLJQHG WR SUHYHQW WKH HQJLQH IURP VWDUWLQJ LI 3XOO RQ WKH XSSHU FRQWURO EDU WR VWRS WKH PDFKLQH )LJ 7KH WKURWWOH OHYHU LV DOO WKH ZD\ EDFN SDVW 6/2: +ROG WKH EDLO DJDLQVW WKH XSSHU FRQWURO EDU )LJ 7KH EODGH FRQWURO OH
2SHUDWLRQ 'ULYLQJ )RUZDUG RU %DFNZDUG 7KH WKURWWOH FRQWURO UHJXODWHV WKH HQJLQH VSHHG DV PHDVXUHG LQ USP UHYROXWLRQV SHU PLQXWH 3ODFH WKH WKURWWOH FRQWURO LQ WKH ´)$67µ SRVLWLRQ IRU EHVW SHUIRUPDQFH )RUZDUG 7R JR IRUZDUG PRYH WKH VKLIW OHYHU WR D IRUZDUG JHDU 5HOHDVH WKH SDUNLQJ EUDNH UHIHU WR 5HOHDVLQJ WKH 3DUNLQJ %UDNH SDJH 6ORZO\ SUHVV RQ WKH XSSHU FRQWURO EDU WR PRYH IRUZDUG )LJ 7R JR VWUDLJKW DSSO\ HTXDO SUHVVXUH WR ERWK HQGV RI WKH XSSHU FRQWURO EDU )LJ 7R W
2SHUDWLRQ $GMXVWLQJ +HLJKW RI &XW $GMXVW $[OH +HLJKW $ µ WR µ UDQJH IRU KHLJKW RI FXW FDQ EH DFKLHYHG E\ DGMXVWLQJ EODGH VSDFHUV UHDU D[OH KHLJKW DQG IURQW FDVWRU VSDFHUV 8VH WKH +HLJKW RI &XW FKDUW RQ SDJH WR VHOHFW WKH FRPELQDWLRQ UHTXLUHG $GMXVW %ODGH +HLJKW %ODGHV DUH DGMXVWHG E\ XVLQJ WKH IRXU µ VSDFHUV IRXQG RQ WKH EODGH VSLQGOH EROWV 7KLV DOORZV D UDQJH LQ µ LQFUHPHQWV RI FXWWLQJ KHLJKW LQ DQ\ D[OH SRVLWLRQ 7KH VDPH QXPEHU RI EODGH VSDFHUV PXVW EH XVHG RQ DOO EODGHV WR DFKLH
2SHUDWLRQ $GMXVW &DVWHU 3RVLWLRQ 8VLQJ WKH KHLJKW RI FXW FKDUW DGMXVW WKH FDVWHU VSDFHUV WR PDWFK ZLWK WKH D[OH KROH VHOHFWHG )LJ 5HPRYH FOHYLV SLQ VOLGH FDVWRU IURP VXSSRUW DQG FKDQJH VSDFHUV )LJ ,QVWDOO FDVWRU LQ VXSSRUW DQG LQVHUW FOHYLV SLQ )LJ P )LJXUH &OHYLV SLQ µ PP VSDFHU µ PP VSDFHU +HLJKW RI &XW &KDUW $[OH 3RVLWLRQ 1R RI 6SDFHUV %HORZ &DVWHU 1XPEHU RI %ODGH 6SDFHUV %HORZ 6SLQGOH
0DLQWHQDQFH 6HUYLFH ,QWHUYDO &KDUW 6HUYLFH 2SHUDWLRQ 2LO³FKHFN OHYHO (DFK 8VH +RXUV +RXUV +RXUV +RXUV +RXUV ; 2LO³FKDQJH 6WRUDJH 6HUYLFH ; ,QLWLDO ; 2LO )LOWHU FKDQJH KRXUV RU HYHU\ RWKHU RLO FKDQJH ; ; ; 6DIHW\ 6\VWHP³FKHFN ; ; %UDNHV³FKHFN ; ; &XWWLQJ %ODGHV FKHFN ; :KHHO %HDULQJV³JUHDVH ; ; ; ; $OO RWKHU ILWWLQJV JUHDVH ; ; )RDP $LU &OHDQHU³VHUYLFH ; ; 3DSHU $LU &OHDQHU³UHSODFH ; 6SDUN 3OXJ V ³FKHFN ; ; %HOWV³FKHFN IRU ZHDU FUDFNV 372
0DLQWHQDQFH $LU &OHDQHU &OHDQLQJ WKH )RDP DQG 3DSHU (OHPHQWV 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ )RDP (OHPHQW )RDP (OHPHQW &OHDQ DQG UH RLO DIWHU HYHU\ RSHUDWLQJ KRXUV $ :DVK WKH IRDP HOHPHQW LQ OLTXLG VRDS DQG ZDUP ZDWHU :KHQ WKH HOHPHQW LV FOHDQ ULQVH LW WKRURXJKO\ 3DSHU (OHPHQW 5HSODFH DIWHU HYHU\ RSHUDWLQJ KRXUV % 'U\ WKH HOHPHQW E\ VTXHH]LQJ LW LQ D FOHDQ FORWK & 3XW RQH RU WZR RXQFHV RI RLO RQ WKH HOHPHQW )LJ 6TXHH]H WKH HOHPHQW WR GLVWULEXWH WKH RLO 1RWH 6HUYLFH
0DLQWHQDQFH 3DSHU (OHPHQW (QJLQH 2LO $ /LJKWO\ WDS WKH HOHPHQW RQ D IODW VXUIDFH WR UHPRYH GXVW DQG GLUW )LJ 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ % &KDQJH RLO ,QVSHFW WKH HOHPHQW IRU WHDUV DQ RLO\ ILOP DQG GDPDJH WR WKH UXEEHU VHDO ,03257$17 1HYHU FOHDQ WKH SDSHU HOHPHQW ZLWK SUHVVXUL]HG DLU RU OLTXLGV VXFK DV VROYHQW JDV RU NHURVHQH 5HSODFH WKH SDSHU HOHPHQW LI LW LV GDPDJHG GHIHFWLYH RU FDQQRW EH FOHDQHG WKRURXJKO\ $IWHU WKH ILUVW RSHUDWLQJ KRXUV $IWHU HYHU\ RSHUD
0DLQWHQDQFH &KHFNLQJ 2LO /HYHO &KDQJLQJ 'UDLQLQJ 2LO 3DUN WKH PDFKLQH RQ D OHYHO VXUIDFH GLVHQJDJH WKH EODGH FRQWURO 372 DQG VHW WKH SDUNLQJ 6WDUW WKH HQJLQH DQG OHW LW UXQ ILYH PLQXWHV 7KLV ZDUPV WKH RLO VR LW GUDLQV EHWWHU &OHDQ DURXQG WKH RLO GLSVWLFN )LJ VR GLUW FDQQRW IDOO LQWR WKH ILOOHU KROH DQG GDPDJH WKH HQJLQH 8QVFUHZ WKH RLO GLSVWLFN DQG ZLSH WKH PHWDO HQG FOHDQ )LJ 3DUN WKH PDFKLQH VR WKDW WKH GUDLQ VLGH LV VOLJKWO\ ORZHU WKDQ WKH RSSRVLWH VLGH WR D
0DLQWHQDQFH 6SDUN 3OXJ &KDQJH 2LO )LOWHU 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 5HSODFH WKH RLO ILOWHU HYHU\ KRXUV RU HYHU\ RWKHU RLO FKDQJH 1RWH &KDQJH RLO ILOWHU PRUH IUHTXHQWO\ ZKHQ RSHUDWLQJ FRQGLWLRQV DUH H[WUHPHO\ GXVW\ RU VDQG\ 'UDLQ WKH RLO IURP WKH HQJLQH UHIHU WR &KDQJLQJ 'UDLQLQJ 2LO SDJH 5HPRYH WKH ROG ILOWHU DQG ZLSH WKH ILOWHU DGDSWHU )LJ JDVNHW VXUIDFH $SSO\ D WKLQ FRDW RI QHZ RLO WR WKH UXEEHU JDVNHW RQ WKH UHSODFHPHQW ILOWHU )L
0DLQWHQDQFH &XWWLQJ %ODGHV &KHFNLQJ WKH 6SDUN 3OXJ /RRN DW WKH FHQWHU RI WKH VSDUN SOXJ V )LJ ,I \RX VHH OLJKW EURZQ RU JUD\ RQ WKH LQVXODWRU WKH HQJLQH LV RSHUDWLQJ SURSHUO\ $ EODFN FRDWLQJ RQ WKH LQVXODWRU XVXDOO\ PHDQV WKH DLU FOHDQHU LV GLUW\ ,03257$17 1HYHU FOHDQ WKH VSDUN SOXJ V $OZD\V UHSODFH WKH VSDUN SOXJ V ZKHQ LW KDV D EODFN FRDWLQJ ZRUQ HOHFWURGHV DQ RLO\ ILOP RU FUDFNV &KHFN WKH JDS EHWZHHQ WKH FHQWHU DQG VLGH HOHFWURGHV )LJ %HQG WKH VLGH HOHFWURGH )LJ
0DLQWHQDQFH ,QVSHFWLQJ WKH %ODGHV &KHFNLQJ IRU %HQW %ODGHV ,QVSHFW WKH FXWWLQJ HGJHV )LJ ,I WKH HGJHV DUH QRW VKDUS RU KDYH QLFNV UHPRYH DQG VKDUSHQ WKH EODGHV 5HIHU WR 6KDUSHQLQJ WKH %ODGHV RQ SDJH ,QVSHFW WKH EODGHV HVSHFLDOO\ WKH FXUYHG DUHD )LJ ,I \RX QRWLFH DQ\ GDPDJH ZHDU RU D VORW IRUPLQJ LQ WKLV DUHD LWHP LQ )LJ LPPHGLDWHO\ LQVWDOO D QHZ EODGH 5RWDWH WKH EODGHV XQWLO WKH HQGV IDFH IRUZDUG DQG EDFNZDUG )LJ 0HDVXUH IURP D OHYHO VXUIDFH WR WKH FXW
0DLQWHQDQFH 6KDUSHQLQJ WKH %ODGHV 327(17,$/ +$=$5' $ EODGH WKDW LV EHQW RU GDPDJHG FRXOG EUHDN DSDUW DQG SLHFHV FRXOG EH WKURZQ DW E\VWDQGHUV RU DW \RX DV \RX XVH WKH PRZHU 8VH D ILOH WR VKDUSHQ WKH FXWWLQJ HGJH DW ERWK HQGV RI WKH EODGH )LJ 0DLQWDLQ WKH RULJLQDO DQJOH 7KH EODGH UHWDLQV LWV EDODQFH LI WKH VDPH DPRXQW RI PDWHULDO LV UHPRYHG IURP ERWK FXWWLQJ HGJHV :+$7 &$1 +$33(1 3LHFHV RI EODGH WKDW PD\ EH WKURZQ FRXOG VHULRXVO\ LQMXUH RU NLOO \RX RU E\VWDQGHUV +2: 72 $92,' 7+( +
0DLQWHQDQFH $GMXVWLQJ %ODGH %UDNH 7LUH 3UHVVXUH %HIRUH HDFK XVH FKHFN EODGH EUDNH IRU SURSHU RSHUDWLRQ 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 7KH EODGH EUDNH PXVW EH DGMXVWHG WR VWRS WKH EODGH V ZKHQ WKH EODGH FRQWURO 372 OHYHU LV GLVHQJDJHG 7R DGMXVW WKH EODGH EUDNH HQJDJH WKH EODGH FRQWURO 372 OHYHU /RRVHQ QXW DW WKH EUDNH VSULQJ VR SDG UXEV DJDLQVW SXOOH\ 7KHQ WLJKWHQ QXW XQWLO SDG MXVW FOHDUV WKH SXOOH\ )LJ 'LVHQJDJH EODGH FRQWURO 372 OHYHU %UDNH URG V PXVW EH ORRVH )LJ
0DLQWHQDQFH *UHDVLQJ DQG /XEULFDWLRQ /XEULFDWH WKH WUDQVPLVVLRQ FRXSOHUV DQG LGOHU DUP SLYRWV )LJ 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ *UHDVH WKH ZKHHO EHDULQJV HYHU\ RSHUDWLQJ KRXUV DQG DOO RWKHU JUHDVH ILWWLQJV RSHUDWLQJ KRXUV *UHDVH PRUH IUHTXHQWO\ ZKHQ RSHUDWLQJ FRQGLWLRQV DUH H[WUHPHO\ GXVW\ RU VDQG\ *UHDVH 7\SH *HQHUDO SXUSRVH JUHDVH +RZ WR *UHDVH 'LVHQJDJH WKH EODGH FRQWURO 372 DQG VHW WKH SDUNLQJ EUDNH &OHDQ WKH JUHDVH ILWWLQJV ZLWK D UDJ 0DNH VXUH WR VFUDSH DQ\ SDLQW
0DLQWHQDQFH %UDNH 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ %HIRUH HDFK XVH FKHFN EUDNHV IRU SURSHU RSHUDWLRQ $OZD\V VHW WKH SDUNLQJ EUDNH ZKHQ \RX VWRS WKH PDFKLQH RU OHDYH LW XQDWWHQGHG ,I WKH SDUNLQJ EUDNH GRHV QRW KROG VHFXUHO\ DQ DGMXVWPHQW LV UHTXLUHG &KHFNLQJ WKH %UDNH 3DUN WKH PDFKLQH RQ D OHYHO VXUIDFH GLVHQJDJH WKH EODGH FRQWURO 372 DQG VHW WKH SDUNLQJ EUDNH 5HDU ZKHHOV PXVW ORFN ZKHQ \RX WU\ WR SXVK WKH PDFKLQH IRUZDUG RU EDFNZDUG $GMXVWPHQW LV UHTXLUHG LI WKH ZKHHOV WXUQ DQG GR QRW ORF
0DLQWHQDQFH )XHO 7DQN 'UDLQLQJ 7KH )XHO 7DQN 3XOO WKH IXHO OLQH RII WKH IXHO ILOWHU )LJ 2SHQ IXHO VKXW RII YDOYH DQG DOORZ JDVROLQH WR GUDLQ LQWR D JDV FDQ RU GUDLQ SDQ 1RWH 327(17,$/ +$=$5' ,Q FHUWDLQ FRQGLWLRQV JDVROLQH LV H[WUHPHO\ IODPPDEOH DQG KLJKO\ H[SORVLYH :+$7 &$1 +$33(1 $ ILUH RU H[SORVLRQ IURP JDVROLQH FDQ EXUQ \RX RWKHUV DQG FDXVH SURSHUW\ GDPDJH +2: 72 $92,' 7+( +$=$5' 'UDLQ JDVROLQH IURP WKH IXHO WDQN ZKHQ WKH HQJLQH LV FROG 'R WKLV RXWGRRUV LQ DQ RSHQ DUHD :
0DLQWHQDQFH )XHO )LOWHU 5HSODFLQJ WKH :KHHO %HOW 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 5HSODFH WKH IXHO ILOWHU DIWHU HYHU\ RSHUDWLQJ KRXUV RU \HDUO\ ZKLFKHYHU RFFXUV ILUVW &KHFN DOO EHOWV DIWHU HYHU\ RSHUDWLQJ KRXUV RU PRQWKO\ ZKLFKHYHU RFFXUV ILUVW /RRN IRU GLUW ZHDU FUDFNV DQG VLJQV RI RYHUKHDWLQJ 5HSODFLQJ WKH )XHO )LOWHU 1HYHU LQVWDOO D GLUW\ ILOWHU LI LW LV UHPRYHG IURP WKH IXHO OLQH 5HPRYH KDLUSLQ FRWWHU VHFXULQJ EUDNH URG WR EUDNH DUP WR UHOD[ EHOW
0DLQWHQDQFH 5HSODFLQJ WKH 7UDFWLRQ %HOW 5HSODFLQJ WKH 0RZHU %HOWV 6WRS WKH HQJLQH VHW WKH SDUNLQJ EUDNH DQG UHPRYH WKH VSDUN SOXJ ZLUH V 6HUYLFH ,QWHUYDO 6SHFLILFDWLRQ 5DLVH WKH UHDU RI WKH PDFKLQH DQG KROG ZLWK MDFN VWDQGV 5HPRYH PRZHU EHOW )LJ /RRVHQ SLYRW EROW HQRXJK WR VOLGH LGOHU SXOOH\ LQ VORW DQG UHPRYH WUDFWLRQ EHOW IURP WKH HQJLQH DQG GULYH SXOOH\V ,QVWDOO QHZ EHOW DURXQG HQJLQH DQG GULYH SXOOH\V )LJ 6OLGH LGOHU SXOOH\ LQ HQJLQH IUDPH WR WHQVLRQ W
0DLQWHQDQFH $GMXVWLQJ *UDVV?0XG 6FUDSHU 5HSODFLQJ WKH *UDVV 'HIOHFWRU /RRVHQ WKH ORFNQXW KROGLQJ VFUDSHU WR WKH HQJLQH IUDPH )LJ 5HPRYH WKH ORFNQXW EROW VSULQJ DQG VSDFHU KROGLQJ GHIOHFWRU WR WKH PRXQWV )LJ 5RWDWH VFUDSHU XQWLO WKH\ DOLJQ ZLWK FHQWHU RI SXOOH\ JURRYHV )LJ 6WUDLJKWHQ GHIOHFWRU PRXQWV LI WKH\ DUH EHQW )LJ 7LJKWHQ WKH ORFNQXW )LJ ,QVWDOO QHZ GHIOHFWRU EHWZHHQ PRXQWV ZLWK VSDFHU DQG VSULQJ 3ODFH VSDFHU WKURXJK VSULQJ DQG KRRN
0DLQWHQDQFH :LULQJ 'LDJUDP - - - : .
0DLQWHQDQFH &OHDQLQJ DQG 6WRUDJH 'LVHQJDJH WKH EODGH FRQWURO 372 VHW WKH SDUNLQJ EUDNH DQG WXUQ WKH LJQLWLRQ NH\ WR ´2))µ WR VWRS WKH HQJLQH 5HPRYH WKH NH\ 5HPRYH JUDVV FOLSSLQJV GLUW DQG JULPH IURP WKH H[WHUQDO SDUWV RI WKH HQWLUH PDFKLQH HVSHFLDOO\ WKH HQJLQH &OHDQ GLUW DQG FKDII IURP WKH RXWVLGH RI WKH HQJLQH·V F\OLQGHU KHDG ILQV DQG EORZHU KRXVLQJ ,03257$17
7URXEOHVKRRWLQJ 352%/(0 (QJLQH J ZLOO QRW VWDUW VWDUWV KDUG RU IDLOV WR NHHS UXQQLQJ (QJLQH J ORVHV S SRZHU (QJLQH J RYHUKHDWV $EQRUPDO YLEUDWLRQ 3266,%/( &$86(6 &255(&7,9( $&7,21 )XHO WDQN LV HPSW\ )LOO IXHO WDQN ZLWK JDVROLQH &KRNH LV QRW 21 0RYH FKRNH OHYHU WR 21 $LU FOHDQHU LV GLUW\ &OHDQ RU UHSODFH DLU FOHDQHU HOHPHQW 6SDUN SOXJ ZLUH LV ORRVH RU GLVFRQQHFWHG ,QVWDOO ZLUH RQ VSDUN SOXJ 6SDUN SOXJ LV SLWWHG IRXOHG RU JDS LV LQFRUUHFW
7URXEOHVKRRWLQJ 352%/(0 0DFKLQH GRHV QRW GULYH $EQRUPDO YLEUDWLRQ 8QHYHQ FXWWLQJ J KHLJKW J %ODGHV GR QRW URWDWH 3266,%/( &$86(6 &255(&7,9( $&7,21 6KLIW OHYHU LV LQ 1(875$/ 0RYH VKLIW OHYHU WR D GULYH JHDU SRVLWLRQ 7UDFWLRQ EHOW LV ZRUQ ORRVH RU EURNHQ &KDQJH %HOW 7UDFWLRQ EHOW LV RII SXOOH\ &KDQJH %HOW &XWWLQJ EODGH V LV DUH EHQW RU XQEDODQFHG ,QVWDOO QHZ FXWWLQJ EODGH V %ODGH PRXQWLQJ EROW LV ORRVH 7LJKWHQ EODGH PRXQWLQJ EROW (Q
7+( 7252 727$/ &29(5$*( *8$5$17(( $ 2QH
