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CONTENTS PAGE


K
 +PVTQFWEVKQP
          
9JCVKUC%QPVTQN5[UVGO       
 6JG4QNGQHVJG2TQITCOOCDNG%QPVTQNNGTU     
 +PRWVCPF1WVRWVGXKEGU       
 9JCVKUC2TQITCOOCDNG%QPVTQNNGT      
 %QPXGPVKQPCN%QPVTQN2CPGNCPFKV	UFKHHKEWNVKGU    
 KUCFXCPVCIGUQH%QPXGPVKQPCN%QPVTQN2CPGN     
 2.%2CPGNCPFVJGKTCFXCPVCIGU      
 %QPXGTUKQPQH%QPXGPVKQPCN%QPVTQN%KTEWKVVQ2.%    
 #5[UVGOCVKE#RRTQCEJQHEQPVTQNU[UVGOGUKIP    
 2TQITCOOCDNG%QPVTQNNGT#RRNKECVKQP      
 %QPUKFGT#5KORNG2TQLGEV       

 5[UVGO%QPHKIWTCVKQP    

 %2/#%27%QORQPGPVU       
 %2/#%27%QORQPGPVU       
 'ZRCPUKQP+17PKVU%QORQPGPVU      
 %27CPF'ZRCPUKQP+17PKV%QPHKIWTCVKQP     
 %2/#%QOOWPKECVKQPU
 *QUV.KPM%QOOWPKECVKQP       
 /WNVKFTQR%QOOWPKECVKQPUVQ%QORWVGT     
 VQ2.%%QOOWPKECVKQP.KPMU      
 06.KPM%QOOWPKECVKQP       
 2TQITCOOKPI'ZCORNGQH2.%.KPM$GVYGGP%2/#7PKVU  
%2/#%QOOWPKECVKQPU
 *QUV.KPM%QOOWPKECVKQP       
 /WNVKFTQR%QOOWPKECVKQPUVQ%QORWVGT     
0Q2TQVQEQN%QOOWPKECVKQP
45%%QOOWPKECVKQP   
 06.KPM%QOOWPKECVKQP       
VQ2.%%QOOWPKECVKQP.KPMU      
 %QORQ$WU5+1.KPM%QPPGEVKQPU      
2GTKRJGTCNGXKEGU        
2TQITCOOKPI%QPUQNG        
5[UOCE9KPFQY$CUGF5WRRQTVUQHVYCTG     
6TCKPKPI-KV%QPHKIWTCVKQP       
2.%'NGEVTKECN9KTKPI+1%QPPGEVKQP     

 (GCVWTGUCPF(WPEVKQPU
 
%2/#)GPGTCN        
 #PCNQI5GVVKPI(WPEVKQP       
 +PRWV+PVGTTWRV        
 3WKEM4GURQPUG+PRWVU(WPEVKQP      
 +PVGTXCN6KOGT(WPEVKQP       
 *KIJ5RGGF%QWPVGT        
%2/#)GPGTCN        
+PVGTTWRV(WPEVKQPU        
  +PVGTTWRV+PRWVU       
+PVGTXCN6KOGT+PVGTTWRVU      
 *KIJ5RGGF%QWPVGT        
 +PVGTTWRV+PRWVU
%QWPVGT/QFG
CONTENTS PAGE


KK
+PVGTTWRVD[*KIJ5RGGF%QWPVGT+PRWVU

%QWPVEJGEM+PVGTTWRVU      
'ZCORNGQH+PRWV+PVGTTWRVKP%QWPVGT/QFG    
*KIJ5RGGF%QWPVGT        
  'ZCORNGQHWUKPI*KIJ5RGGF%QWPVGT    
2WNUG1WVRWV(WPEVKQP       
5[PEJTQPKGF2WNUG%QPVTQN       
#PCNQI%QPVTQNU        
3WKEM4GURQPUG+PRWVU(WPEVKQP      
/CTEQ(WPEVKQP        

 7PKV5RGEKHKECVKQPUCPF%QORQPGPVU

%2/#
 )GPGTCN5RGEKHKECVKQPU       
 %JCTCEVGTKUVKEU        
 5VTWEVWTGQH/GOQT[#TGC       
 +16GTOKPCN+4$KV#NNQECVKQP      
%2/#
 )GPGTCN5RGEKHKECVKQPU       
 %JCTCEVGTKUVKEU        
 5VTWEVWTGQH/GOQT[#TGC       
 +16GTOKPCN+4$KV#NNQECVKQP      
'ZRCPUKQP7PKVHQT%2/#CPF%2/#     
'ZCORNGQH+1#NNQECVKQPHQT%2/#     
 2TQITCOOKPI%QPUQNG       
 2CUUYQTF+PRWV        
 %NGCTKPICNN2TQITCO        

 9KPFQY$CUGF2TQITCOOKPI5QHVYCTG5;59+0

 2TQITCOOKPIQH%2/#CPF%2/#      
 2TQITCOOKPI7UKPI5;59+08GTUKQP
 %QPPGEVKQPVQVJG2%        
 45%%QPPGEVQT%QPHKIWTCVKQP      
 +PUVCNNKPI5;59+02TQITCO       
 5;59+09KPFQY        
 5VCTV7RYKVJ5;59+0       
 2TQITCOOKPIYKVJ5;59+0       
 5CXKPIVJG2TQLGEV        
 6TCPUHGT2TQITCOVQ2.%       

 #RRNKECVKQP'ZCORNGUQH$CUKE%QOOCPFU   
 
1XGTXKGYQH+PUVTWEVKQPU       
#RRNKECVKQP 5GNH*QNFKPI%KTEWKV      
 #RRNKECVKQP 1PGNC[%KTEWKV      
 #RRNKECVKQP %QPVTQN%KTEWKVHQT2CEMCIKPI/CEJKPG   
 #RRNKECVKQP TKNNKPI%QPVTQN1RGTCVKQP     
 #RRNKECVKQP (KNNKPITCKPKPI%QPVTQN1RGTCVKQP    
 #RRNKECVKQP 1XGTJGCF%TCPG%QPVTQNQHGITGCUKPI1RGTCVKQP  
 #RRNKECVKQP 2CTVU5QTVKPI      
 #RRNKECVKQP 4QDQV/QXGOGPV%QPVTQN
CONTENTS PAGE


KKK
 #RRNKECVKQP #5KORNG5GSWGPEG%QPVTQN%QPEGRV    
 #RRNKECVKQP#WVQOCVKE%QPVTQNQH9CTGJQWUGQQT   
 #RRNKECVKQP#WVQOCVKE.WDTKECVKQPQH)GCT    
 #RRNKECVKQP%QPXG[QT$GNV/QVQT%QPVTQN    
 #RRNKECVKQPKURNC['TTQT%QFGQH/CEJKPGVQ#KF   
   +P6JG6TCEKPI5QWTEGQH6JG2TQDNGO
 #RRNKECVKQP/GCUWTKPIVJG.KHGQHC%WVVKPI-PKHG   
 #RRNKECVKQP%CT2CTM%QPVTQN      

 7UGHWN.CFFGT%KTEWKVT[
%[ENGKHHGTGPVKCVKQP%KTEWKV       
(NKEMGT%KTEWKV         
 5KPINGUJQV%KTEWKV        
.QPIVKOG6KOGT%KTEWKV       
 101((GNC[%KTEWKV       
 2WUJQP2WUJQHH%KTEWKV
$KPCT[%KTEWKV     
 5ECPPKPI%QWPVGT        
 %QPEGRVQH+.+PUVTWEVKQPCPF,/2+PUVTWEVKQP     
 (KTUVKP2TKQTKV[%KTEWKV       
 .CUVKP+PRWV2TKQTKV[%KTEWKV       
 0QP.QEMKP#PPWPEKCVQT       
 .QEMKP#PPWPEKCVQT        
 +PUVCNNCVKQPCPF9KTKPI%QPUKFGTCVKQPU

 2.%2QYGT+PVGTTWRVKQPU       
 +PUVCNNCVKQP5KVG%QPUKFGTCVKQPU       
 2CPGN%CDKPGV+PUVCNNCVKQP)WKFG      
 )GPGTCN2TGECWVKQPUHQT9KTKPI      
 2QYGT5WRRN[9KTKPI        
 %QWPVGTOGCUWTGU(QT+PFWEVKXG.QCF      

 /CKPVGPCPEGCPF6TQWDNGUJQQVKPI
6JG2.%%[ENG        
5GNHFKCIPQUKU(WPEVKQPU       
0QPHCVCN'TTQTU        
(CVCN'TTQTU         
7UGTFGHKPGF'TTQTU        
2TQITCOOKPI'TTQTU        
6TQWDNGUJQQVKPI(NQYEJCTVU       
2TGXGPVKXG/CKPVGPCPEG       
 
 #RRGPFKEGU
#'
#RRGPFKZ #        #
#RRGPFKZ $        $
 #RRGPFKZ %        %
 #RRGPFKZ         
 #RRGPFKZ '       
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Y 9JCVKUC%QPVTQN5[UVGO!

+P IGPGTCN C %QPVTQN 5[UVGO KU C EQNNGEVKQP QH GNGEVTQPKE FGXKEGU CPF GSWKROGPV YJKEJ CTG KP
RNCEG VQ GPUWTG VJG UVCDKNKV[ CEEWTCE[ CPF UOQQVJ VTCPUKVKQP QH C RTQEGUU QT C OCPWHCEVWTKPI
CEVKXKV[+VVCMGUCP[HQTOCPFXCTKGUKPUECNGQHKORNGOGPVCVKQPHTQOCRQYGTRNCPVVQCUGOK
EQPFWEVQTOCEJKPG#UCTGUWNVQHTCRKFCFXCPEGOGPVQHVGEJPQNQI[EQORNKECVGFEQPVTQNVCUMU
CEEQORNKUJGFYKVJCJKIJN[CWVQOCVGFEQPVTQNU[UVGOYJKEJOC[DGKPVJGHQTOQH2TQITCOOCDNG
%QPVTQNNGT
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UWEJ CU QRGTCVQT RCPGN OQVQTU UGPUQTU UYKVEJGU UQNGPQKF XCNXGU CPF GVE ECRCDKNKVKGU KP
PGVYQTM EQOOWPKECVKQP GPCDNG C DKI UECNG KORNGOGPVCVKQP CPF RTQEGUU EQQTFKPCVKQP DGUKFGU
RTQXKFKPIITGCVGTHNGZKDKNKV[KPTGCNKKPIFKUVTKDWVGFEQPVTQNU[UVGO'XGT[UKPINGEQORQPGPVKPC
EQPVTQNU[UVGORNC[UCPKORQTVCPVTQNGTGICTFNGUUQHUKG(QTKPUVCPEGCUUJQYPKP(KIVJG
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FGXKEGU

6QWEJ2CPGN
0GVYQTM
2TQEGUU%QPVTQN
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#TGC*QUV
%QORWVGT
6QWEJ2CPGN
%QPVTQN%QORQPGPVU

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QRGTCVKQP6JGYJQNGRTQEGUUUGSWGPEGKUEQPVTQNNGFD[C2.%6JGXCTKQWUKPRWVFGXKEGUUWEJCU
UGNGEVQTUYKVEJGURWUJDWVVQPUVQINGUYKVEJGUUGPUQTUCTGEQPPGEVGFVQVJGKPRWVQHVJG2.%XKC
VJG KPRWV VGTOKPCN DNQEM 6JG QWVRWV FGXKEGU UWEJ CU VJG TGXQNXKPI NKIJV KPFKECVQTU TGNC[U
EQPVCEVQTU CPF UQNGPQKF XCNXGU CTG EQPPGEVGF VQ VJG QWVRWV VGTOKPCNU QH VJG 2.% 6JG YJQNG
RTQEGUUKUEQPVTQNNGFD[CNCFFGTRTQITCONQCFGFKPVQVJG2.%%27OGOQT[6JGRTQITCOYKNN
GZGEWVG C UGSWGPEG CWVQOCVKECNN[ CEEQTFKPI VQ VJG RTGFGHKPGF UGSWGPEG QH QRGTCVKQPU /CPWCN
QRGTCVKQPCTGCNUQRTQXKFGFVQCNNQYQRGTCVQTVQCEVKXCVGVJGOCEJKPGOCPWCNN[D[VJGUYKVEJGU
GOGTIGPE[RWUJDWVVQPHQTVJGRWTRQUGQHUCHGV[KPECUG[QWPGGFVQUVQRVJGQRGTCVKQPCDTWRVN[
+PVJKUCRRNKECVKQPVJGEQPVTQNU[UVGOQRGTCVGUCUCUVCPFCNQPGQRGTCVKQP


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OQPKVQTUVJGUVCVGQHVJGU[UVGOVJTQWIJVJGHKGNFKPRWVFGXKEGU1HGGFDCEMUKIPCN+VYKNNVJGPDCUGF
QP VJG RTQITCO NQIKE VQ FGVGTOKPG VJG EQWTUG QH CEVKQP VQ DG ECTTKGF QWV CV VJG HKGNF QWVRWV
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6JG 2.% OC[ DG WUGF VQ EQPVTQN C UKORNG CPF TGRGVKVKXG VCUM QT C HGY QH VJGO OC[ DG
KPVGTEQPPGEVGF VQIGVJGT YKVJ QVJGT JQUV EQPVTQNNGTU QT JQUV EQORWVGTU VJTQWIJ C UQTV QH
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2WUJDWVVQPUMG[RCFCPFVQIINGUYKVEJGUYJKEJHQTOVJGDCUKEOCPOCEJKPGKPVGTHCEGCTGV[RGU
QHOCPWCNKPRWVFGXKEG1PVJGQVJGTJCPFHQTFGVGEVKQPQHYQTMRKGEGOQPKVQTKPIQHOQXKPI
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VJG UKIPCN HTQO VJG URGEKHKE CWVQOCVKE UGPUKPI FGXKEGU NKMG RTQZKOKV[ UYKVEJ NKOKV UYKVEJ
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5;56'/%10(+)74#6+10
  
• 2.%5VCVWU+PFKECVQTU


+PFKECVQT 5VCVWU /GCPKPI
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470
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6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIKPRWVVGTOKPCNKU10
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QEEWTTGFGXGPKHVJGKPRWVUVCVWUKUEJCPIGF

• 1WVRWV+PFKECVQTU

6JGUGKPFKECVQTUCTGNKVYJGPVJGQWVRWVTGNC[UCTGVWTPGFQP
5;56'/%10(+)74#6+10
  
Y %2/#%27%QORQPGPVU

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QT45%RQTV


• +PRWV+PFKECVQTU

6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIKPRWVVGTOKPCNKU10
9JGPCHCVCNGTTQTQEEWTUVJGKPRWVKPFKECVQTUEJCPIGCUHQNNQYU
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• 1WVRWV+PFKECVQTU

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TGHTGUJKPI9JGPRWNUGQWVRWVUCTGDGKPIWUGFVJGKPFKECVQTYKNNTGOCKPNKVEQPVKPWQWUN[YJKNGVJG
RWNUGUCTGDGKPIQWVRWV


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6WTPVJGUGEQPVTQNUVQEJCPIGVJGCPCNQIUGVVKPI
VQKP+4CPF+4


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%QPPGEVUVJG2.%VQC2TQITCOOKPIGXKEG
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5;56'/%10(+)74#6+10
  
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6JKUUYKVEJUGNGEVUYJGVJGTVJG2GTKRJGTCNRQTVCPF45%RQTVYKNNWUGVJGEQOOWPKECVKQPU
UGVVKPIKPVJG2%5GVWRQTVJGUVCPFCTFUGVVKPIU
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10 6JG2GTKRJGTCN2QTVCPF45%RQTVQRGTCVGCEEQTFKPIVQVJGUVCPFCTFEQOOWPKECVKQPU
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• $CVVGT[

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5;56'/%10(+)74#6+10
  
• 'ZRCPUKQP+17PKV%QORQPGPVU

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'ZRCPUKQP+1YKVJ+PRWV6GTOKPCNU
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5;56'/%10(+)74#6+10
  
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5;56'/%10(+)74#6+10
  
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'ZRCPUKQP7PKV

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5;56'/%10(+)74#6+10
  

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% %2/#%4
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% %2/#%4
5;56'/%10(+)74#6+10
  


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5;56'/%10(+)74#6+10
  


Y *QUV.KPM%QOOWPKECVKQPU
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*QUV .KPM EQOOWPKECVKQPU CNNQYU WR VQ  1/410 2%U VQ DG EQPVTQNNGF HTQO C UKPING JQUV
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5;56'/%10(+)74#6+10
  


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5;56'/%10(+)74#6+10
  
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5;56'/%10(+)74#6+10
  


• VQ2%%QOOWPKECVKQP.KPMU

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0COG 7UCIG /QFGNPWODGT
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5;56'/%10(+)74#6+10
  


• 06.KPM%QOOWPKECVKQP

06 .KPM KU C JKIJ URGGF KPVGTHCEG DGVYGGP VJG %2/# CPF C 2TQITCOOCDNG 6GTOKPCN 6JG
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K06.KPML

0COG 7UCIG /QFGNPWODGT
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• 2TQITCOOKPI'ZCORNGQH2.%.KPM$GVYGGP%2/#7PKVU


  


 
 
 


 
 
 
 

1/4102TQITCOOCDNG6GTOKPCN
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5;56'/%10(+)74#6+10
  
Y %2/#%QOOWPKECVKQP(WPEVKQPU

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5;56'/%10(+)74#6+10
  
/WNVKFTQR%QOOWPKECVKQPUVQ%QORWVGT
7RVQ1OTQP2.%UKPENWFKPIVJG1/4102.%UECPDGEQPVTQNNGFHTQOCJQUVEQORWVGT
6JGHQNNQYKPIFKCITCOUJQYUGRCTCVG45%RQTVCPF2GTKRJGTCN2QTVEQPHKIWTCVKQPUDWVDQVJ
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45%
45%RQTV
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5;56'/%10(+)74#6+10
  
• 0Q2TQVQEQN%QOOWPKECVKQP
45%%QOOWPKECVKQP

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CPF4:
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ECPDGWUGFYKVJGKVJGTCP45%RQTVQTRGTKRJGTCNRQTV













































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45%FGXKEGU

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5GTKCN2TKPVGT
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%65EQPVTQNECPPQVDGWUGF
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%2/#%277PKV
5;56'/%10(+)74#6+10
  
• 06.KPM%QOOWPKECVKQP

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YKVJC45%RQTV


• 1PGVQQPG.KPMEQOOWPKECVKQPU

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8QTC%*:*)*'2.%YJGTGQPGUGTXGU
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6JGQPGVQQPGNKPMECPDGWUGFYKVJCP45%RQTV


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5;56'/%10(+)74#6+10
  
• %QORQ$WU5+1.KPM%QPPGEVKQPU

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TGOQVG+1QHKPRWVRQKPVUCPF
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%QORQ$WU5+1.KPM7PKV

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7PKVECPDGVTGCVGFLWUVNKMGVJGCTGCCNNQECVGFVQCP'ZRCPUKQP+17PKV6JGFKHHGTGPEGKUVJCVVJG
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5RGEKCN
HNCVECDNGUCPF8%6(ECDNGUECPPQVDGEQODKPGFKPVJGUCOGU[UVGO

0COG /QFGN0WODGT 5RGEKHKECVKQPU
(NCV%CDNG :$69 EQPFWEVQTHNCVECDNGOO
8%6(%CDNG  EQPFWEVQT8%6(Z
5;56'/%10(+)74#6+10
  
• 2GTKRJGTCNGXKEG%QPPGEVKQPU

%2/#CPF%2/#RTQITCOOKPIECPDGETGCVGFQTGFKVGFYKVJC2TQITCOOKPI%QPUQNGQTC
RGTUQPCNEQORWVGTTWPPKPI5;59+0


• 2TQITCOOKPI%QPUQNG

#%3/24'QT%*241'2TQITCOOKPI%QPUQNGECPDGEQPPGEVGFVQVJG%2/
CPF%2/#CUUJQYPKPVJGHQNNQYKPIFKCITCO








0COG /QFGNPWODGT
%3/UGTKGU2TQITCOOKPI%QPUQNG

6JG%QPPGEVKPI%CDNGKUCVVCEJGF
%3/241'
%*UGTKGU2TQITCOOKPI%QPUQNG

%CDNG%*%0PGGFGFHQTEQPPGEVKQP
%*241'






%3/241'
%*241'
%2/#%27
%2/#%27
%*%0
O
%*%0
O
5;56'/%10(+)74#6+10
  
• 5;5/#%9KPFQYDCUGF5WRRQTV5QHVYCTG

#P+$/2%#6EQORCVKDNGRGTUQPCNEQORWVGTTWPPKPI5;59+0ECPDGEQPPGEVGFVQVJG%2/#
CUUJQYPKPJGHQNNQYKPIFKCITCO






















$[45%2QTV
%QPPGEVVQVJG%277PKVU45%RQTVYKVJCP:9=?5QT:9=?58%QPPGEVKPI
%CDNGQT*QUVNKPM%CDNG5GNHOCFG

0QVG 6JG:9 5ECDNGUJCXGC5WDRKPEQPPGEVQTCPFVJG:9 58ECDNGUJCXGC
5WDRKPEQPPGEVQT



%2/#
%2/#
%2/#%+(
45%%CDNG
%3/%+(
+$/2%#6QT
EQORCVKDNGEQORWVGT
5;59+0
+$/2%#6QT
EQORCVKDNGEQORWVGT
5;59+0
45%%CDNG
5;56'/%10(+)74#6+10
  
0COG 7UCIG /QFGNPWODGT
%2/%+(45%#FCRVGT %QPXGTVUVQ2GTKRJGTCN2QTVHQTOCV
%3/%+(
%QPPGEVKPI%CDNG 7UGF VQ EQPPGEV +$/ 2%#6 QT
EQORCVKDNGEQORWVGTU
.GPIVJO
%3/%+(
45%CDNG (TQO 45% RQTV VQ EQORWVGT

%2/#
:9 5
:9 58
5;59+0

9KPFQYU8GTUKQP
(QT +$/ 2%#6 QT EQORCVKDNG
EQORWVGTU
LFKUMU*
5;59+0'8


%QOOWPKECVKQP5GVVKPIU
(QT%2/#
5GV VJG %27 7PKVIU %QOOWPKECVKQP 5YKVEJ VQ 10 YJGP WUKPI VJG UVCPFCTF EQOOWPKECVKQPU
UGVVKPIU
5GVVJGUYKVEJVQ1((VQWUGVJGUGVVKPIKPVJG2.%5GVWR#TGC

5GVVKPI 2GTKRJGTCNRQTV 45%RQTV 5GVVKPI
/QFG /DKVUVQ /DKVUVQ *QUV.KPM
$CWF
4CVG
/DKVUVQ /DKVUVQ DRU
DRU
DRU
DRU
DRU
DRU
(TCOG
HQTOCV
/DKVUVQ /DKVUVQ 
5GGPQVG

0QVG 6JG UVCPFCTFUGVVKPIUCTG *QUV .KPM  DRU FCVCDKVUUVCTVDKVUVQRDKVUCPFGXGP
RCTKV[
5;56'/%10(+)74#6+10
  

• 6TCKPKPI-KV%QPHKIWTCVKQP



























 
 
 
 
 
+P (KI  YG UGG VJG QXGTCNN QWVNQQM QH VJG %2/# VTCKPKPI MKV +V EQPUKUVU QH   +PRWV
UYKVEJGUEQPPGEVGFVQVJGKPRWVVGTOKPCNUQHVJG%2/#%27

1PVJGVQRUWTHCEGQHVJG%2/#YGEQWNFHKPFVJGRGTKRJGTCNRQTV.'KPFKECVQTUCPFVJG
GZRCPUKQP RQTV 6JG RGTKRJGTCN RQTV KU OGCPV HQT VJG RTQITCOOKPI EQPUQNG QT VJG 45%
RGTKRJGTCNKPVGTHCEG6JGHQWT.'KPFKECVQTUCTG470219'4'4414CPF%QWOOPKECVKQP

6JG.CPF0VGTOKPCNUKUEQPPGEVGFVQRQYGTUQWTEGVQUWRRN[RQYGTVQVJG%2/#

+PVJG%2/#EJCPPGNKUCUUKIPGFCUKPRWVCPFEJCPPGNKUCUUKIPGFCUQWVRWV'CEJEJCPPGN
EQPUKUVUQHDKVUUVCTVKPIHTQODKVVQDKV(QTOQTGKPHQTOCVKQPCDQWVVJGQVJGTOGOQT[
CFFTGUUGU TGHGT VQ #RRGPFKZ % QH VJKU OCPWCN ;QW EQWNF HKPF VJG KPVGTPCN #WZKNKCT[ CVC
/GOQT[ .KPM 4GNC[U 6KOGTU%QWPVGTU  *QNFKPI 4GNC[U CTGCU GVE (QT EQORNGVG
WPFGTUVCPFKPI[QWUJQWNFTGCFVJTQWIJVJKUOCPWCN






+0276
(KI
6JG%2/#
6TCKPKPI-KV
5;56'/%10(+)74#6+10
  
 
• 2.%'NGEVTKECN9KTKPI'ZCORNG

+02769+4+0)
%8

















 




   
 
1762769+4+0)
%QPVCEV
 
 
 



















%1/



%1/



%1/



%1/



%1/








)
$
%
8

8
0
.
(WUG
%*
+PFKECVQT
5QNGPPQKF 8CNXG
 # /QVQT
%QPVCEVQT
%2/

8

020
2TQZKOKV[
5GPUQT
.KIJV
5QWTEG
4GEGKXGT
5GSWGPEG6[RG2JQVQ
5GPUQT 
020
8
+PVGTNQEM%QPVCEV
%1/
























%*
%2/
2WUJ $WVVQP
.KOKV 5YKVEJ
('#674'5(70%6+105
3-1
Y %2/#)GPGTCN

• 6JG%2/#KUCEQORCEV2.%YKVJQT+1VGTOKPCNUDWKNVKPVQVJG%27

• #P'ZRCPUKQP+17PKVECPDGEQPPGEVGFVQVJGCPF+1−RQKPV%27VQCFFCPGZVTC+1
RQKPV

• (NCUJOGOQT[RTQXKFGUOGOQT[DCEMWRYKVJQWVCDCVVGT[

• 6JG %2/#−%4−  2%U ECP JCPFNG  KPVGTTWRV KPRWVU VJG %2/#−%4− 
%2/#−%4− CPF%2/#−%4− 2%UECPJCPFNGKPVGTTWRVKPRWVU+PCFFKVKQPVQ
PQTOCNKPRWVKPVGTTWRVUVJG%2/#JCUCEQWPVGTOQFGVJCVEQWPVUJKIJURGGFKPRWVUKIPCNU
CPFVTKIIGTUKPVGTTWRVUCVHKZGFEQWPVOWNVKRNGU

• 3WKEMTGURQPUGKPRWVUECPFGVGEVKPRWVUKIPCNUYKVJCRWNUGYKFVJCUUJQTVCUOUTGICTFNGUU
QHVJGKTVKOKPIFWTKPIVJG2.%E[ENG3WKEMTGURQPUGKPRWVUCPFKPVGTTWRVKPRWVUWUGVJGUCOG
KPRWVVGTOKPCNU

• %2/#2.%UJCXGCJKIJURGGFKPVGTXCNVKOGTYJKEJECPDGUGVHTQOOUVQOU
6JGVKOGTECPDGUGVVQVTKIIGTCUKPINGKPVGTTWRV
QPGUJQVOQFGQTTGRGCVUEJGFWNGFKPVGTTWRVU

UEJGFWNGFKPVGTTWRVOQFG

• %2/#2.%UJCXGCJKIJURGGFEQWPVGTVJCVECPDGWUGFKPKPETGOGPVCNOQFGQTWRFQYP
OQFG6JGJKIJURGGFEQWPVGTECPDGEQODKPGFYKVJKPRWVKPVGTTWRVUVQRGTHQTOVCTIGVXCNWG
EQPVTQNQTQPGEQORCTKUQPEQPVTQNVJCVKUP1VCHHGEVGFD[VJG2.%1UE[ENGVKOG

• 6JG%2/#2.%UJCXGCPCNQIXQNWOGEQPVTQNUVJCVECPDGWUGFVQOCMGOCPWCNCPCNQI
UGVVKPIUOCPWCNN[6JGUGECPDGWUGFVQGZVGTPCNN[UGVVKOKPIQTEQWPVGTXCNWGUGVE

• 6JG %2/# 2.%U CTG EQORCVKDNG YKVJ VJG *QUV .KPM YJKEJ CNNQYU EQOOWPKECVKQPU YKVJ
RGTUQPCNEQORWVGTUQT2TQITCOOCDNG6GTOKPCNU

• #P45−%#FCRVGTKUWUGFHQT−VQ−EQOOWPKECVKQPUCPFCP45−#FCRVGTKUWUGFHQT
−VQ−PEQOOWPKECVKQPU

• # FCVC NKPM ECP DG ETGCVGF YKVJ VJG .4 FCVC CTGC KP CPQVJGT %2/# %2/ %3/ QT
%*52.%#P45−%#FCRVGTKUWUGFVQOCMGVJG−VQ−EQPPGEVKQP

• *KIJ−URGGF/CP−/CEJKPG+PVGTHCEGQRGTCVKQPUECPDGCEJKGXGFD[EQPPGEVKPIVJG%2/#VQ
VJG2TQITCOOCDNG6GTOKPCNVJTQWIJVJG06.KPM+PVGTHCEG#P45−#FCRVGTKUWUGFHQT
VJKUEQPPGEVKQP

• 6JG %2/# WUGU VJG UCOG 2TQITCOOKPI %QPUQNGU CPF 5[UYKP 2TQITCOOKPI 5QHVYCTG CU
QVJGT1OTQP%5GTKGU2.%U
('#674'5(70%6+105
3-2
• #PCNQI5GVVKPI(WPEVKQP

%2/#2.%UJCXGCPCNQIXQNWOGEQPVTQNUVJCVECPWUGFVQOCMGCPCNQIVKOGTCPFEQWPVGT
UGVVKPIUOCPWCNN[9JGPQPGQHVJGXQNWOGEQPVTQNUKUVWTPGFVJGEQPVGPVQHVJGEQTTGURQPFKPI
+PVGTPCN4GNC[YQTFKUUGVCWVQOCVKECNN[DGVYGGPCPF
$%



6JGHQNNQYKPIVCDNGUJQYUYJKEJ54DKVUCTGCNNQECVGFVQVJG+1VGTOKPCNUQPVJG%2/#1U%27
CPF'ZRCPUKQP+17PKV

%QPVTQN %QTTGURQPFKPI+4YQTF 5GVVKPITCPIG
$%
#PCNQIXQNWOGEQPVTQN 54
#PCNQIXQNWOGEQPVTQN 54
VQ

















Analog setting 0
Analog setting 1
* Philip screwdriver is required.
('#674'5(70%6+105
3-3
• +PRWVU+PVGTTWRVU

6JGTGCTGVYQKPRWVKPVGTTWRVUKPVJG%2/#−RQKPV+1%27CPFHQWTKPVJG−−CPF
−RQKPV+1%27U+PRWVKPVGTTWRVUCTGCXCKNCDNGKPVYQOQFGUKPRWVKPVGTTWRVOQFGCPFEQWPVGT
OQFG

 9JGPCPKPVGTTWRVQEEWTUKP+PRWV+PVGTTWRV/QFGVJGOCKPRTQITCOUJWVUFQYPKTTGNGXCPVQH
VJGE[ENGVKOGCPFVJGKPVGTTWRVRTQITCOKUGZGEWVGFKOOGFKCVGN[

 +P %QWPVGT /QFG GZVGTPCN KPRWV UKIPCNU CTG EQWPVGF CV JKIJ URGGF 
WR VQ  M* CPF CP
KPVGTTWRVKUIGPGTCVGFGCEJVKOGVJGEQWPVTGCEJGUVJGUGVXCNWG9JGPCPKPVGTTWRVQEEWTUVJG
OCKPRTQITCOUJWVUFQYPCPFVJGKPVGTTWRVRTQITCOKUGZGEWVGF6JGUGVXCNWGECPDGUGV
HTQOVQ

6JGHQNNQYKPIFKCITCOUJQYUVJGRTQITCOGZGEWVKQPYJGPCPKPVGTTWRVQEEWTU



















 
 
 

2%OQFGN +PRWVDKVU 4GURQPUGVKOG
%2/#−%4−  +4VQ+4
%2/#−%4− 
%2/#−%4− 
%2/#−%4− 
+4VQ+4
OU

M*KP%QWPVGT/QFG










/18
#
'0
/CKP2TQITCO
4'6
/18
5$0
+PVGTTWRV2TQITCO
+PRWVKPVGTTWRV
('#674'5(70%6+105
3-4
• 3WKEMTGURQPUG+PRWVU(WPEVKQPU

6JG %2/#−%4−=? 2.%U JCXG  SWKEMTGURQPUG KPRWV VGTOKPCNU CPF VJG
%2/#−%4−=?%4−=?%4−=?2.%UJCXGSWKEMTGURQPUGKPRWVVGTOKPCNU

6JGUCOGVGTOKPCNUCTGWUGFHQTSWKEMTGURQPUGKPRWVUCPFKPVGTTWRVKPRWVU

3WKEMTGURQPUG KPRWVU JCXG CP KPVGTPCN DWHHGT UQ KPRWV UKIPCNU UJQTVGT VJCP QPG E[ENG ECP DG
FGVGEVGF












  
  
  
  




6JGHQNNQYKPIVCDNGUJQYUVJGKPRWVDKVUWUGHQT3WKEMTGURQPUGKPRWVHWPEVKQP

2%OQFGN +PRWVDKVU /KPKOWOKPRWVRWNUGYKFVJ
%2/#−%4−=? +4VQ+4
%2/#−%4−=?
%2/#−%4−=?
%2/#−%4−=?
+4VQ+4
OU



• +PVGTXCN6KOGT(WPEVKQP

%2/#CTGGSWKRRGFYKVJCPKPVGTXCNVKOGTYJKEJECPDGUGVHTQOOUVQOUKPWPKVU
QHOU6JGVKOGTECPDGUGVVQVTKIIGTCUKPINGKPVGTTWRV
QPG−UJQVOQFGQTTGRGCVUEJGFWNGF
KPVGTTWRVU
UEJGFWNGFKPVGTTWRVOQFG

/QFG (WPEVKQP
1PG−UJQV )GPGTCVGUCUKPINGKPVGTTWRVVJGHKTUVVKOGVJCVVJGVKOGTVKOGUQWV
5EJGFWNGFKPVGTTWRV )GPGTCVGUCPKPVGTTWRVGCEJVKOGVJCVVJGVKOGTVKOGUQWV





Overseeing
process
Program
execution
I/O
refreshing
Overseeing
process
Program
execution
I/O
refreshing
 OU OKP
1PGE[ENG
Input signal
(00003)
IR 00003
('#674'5(70%6+105
3-5
• *KIJURGGF%QWPVGT

%2/# JCXG C JKIJ−URGGF EQWPVGT HWPEVKQP VJCV ECP DG WUGF KP KPETGOGPV OQFG QT WRFQYP
OQFG7UKPIVJKUHWPEVKQPVQIGVJGTYKVJVJGKPRWVKPVGTTWRVUGPCDNGUVCTIGVXCNWGEQPVTQNQTQPG
EQORCTKUQPEQPVTQNKTTGNGXCPVQHVJG2.%1UE[ENGVKOG























/QFG +PETGOGPVCN 7RQYP
 %QWPVKPRWV #−RJCUGKPRWV
  $−RJCUGKPRWV
+PRWVPQ
 4GUGVKPRWV −RJCUGKPRWV
+PRWVOGVJQF UKPING−RJCUGKPRWV 2JCUG−FKHHGTGPEGZKPRWVU
%QWPVHTGSWGPE[ M* M*
%QWPVTCPIG VQ −VQ
6CTIGVXCNWG
EQPVTQN
7RVQVCTIGVXCNWGUCPFKPVGTTWRVUWDTQWVKPGPWODGTUECP
DGTGIKUVGTGF
%QPVTQN
OGVJQF
QPGEQORCTKUQP
EQPVTQN
7RVQUGVUQHWRRGTCPFNQYGTNKOKVXCNWGUCPFKPVGTTWRV
UWDTQWVKPGPWODGTUECPDGTGIKUVGTGF
0QVG+PKPETGOGPVOQFGVJKUKPRWV
ECPDGWUGFCUCPTGIWNCTKPRWV












00000
00001
00002
4GUGVKPRWV
%QWPVKPRWV
5QNGPQKF
+PXGTVGT
etc.
5GPUQT
4QVCT[
'PEQFGT
('#674'5(70%6+105
3-6
Y %2/#)GPGTCN

• 6JG%/2#KUCEQORCEV2.%YKVJQT+1VGTOKPCNUDWKNVKP

• 'ZRCPUKQP7PKVECPDGEQPPGEVGFVQVJGQT+1RQKPV%27VQCFFGZVTC+1RQKPVU
/CZKOWOQH GZRCPUKQPWPKVECPDGEQPPGEVGFHQTCOCZKOWO+1EQPHKIWTCVKQPQH
RQKPVU

• %2/#2.%UJCXGDWKNVKP45%RQTVCPF2GTKRJGTCN2QTV

• %2/#2.%UJCXGCJKIJURGGFEQWPVGTVJCVECPDGWUGFKP+PETGOGPVCNOQFG2WNUG

KTGEVKQPKPRWVOQFGCPF7RQYPRWNUGKPRWVOQFGYJKEJCNNQYUCTGURQPUGHTGSWGPE[QH
WRVQM*6JGJKIJURGGFEQWPVGTECPDGCNUQDGWUGFKPKHHGTGPVKCNRJCUGKPRWVOQFG
YKVJCOCZKOWOTGURQPUGHTGSWGPE[QHM*

• %/2#2.%UJCXGRQKPVUHQTKPVGTTWRVKPRWVUHWPEVKQP

• %/2# 2.%U JCXG  CPCNQI XQNWOG EQPVTQNU VJCV ECP DG WUGF VQ OCMG CPCNQI UGVVKPI
OCPWCNN[HQTKPUVCPEGGZVGTPCNN[UGVEQPVTQNRGTKQFQTEQWPVGTXCNWGUGVE

• %2/#2.%UJCXGRWNUGQWVRWVU

• %2/# %6CPF%2/# %6JCXG5[PEJTQPKGF2WNUGEQPVTQN
('#674'5(70%6+105
3-7
• +PVGTTWRV(WPEVKQPU

6JG%2/#RTQXKFGUVJGHQNNQYKPIMKPFUQHKPVGTTWRVRTQEGUUKPI

+PVGTTWRV+PRWVU
+PVGTTWRVRTQITCOUCTGGZGEWVGFYJGPKPRWVUVQVJG%277PKV1UDWKNVKPKPRWVRQKPVU
VQ
CTGVWTPGFHTQO1((VQ10+PVGTTWRVUWDTQWVKPGPWODGTUVQCTGCNNQECVGFVQ
KPRWVRKPVUVQ

+PVGTXCN6KOGT+PVGTTWRVU
+PVGTXCNVKOGTKPVGTTWRVRTQITCOUCTGGZGEWVGFYKVJVJGRTGEKUKQPQHOU+PVGTTWRVUWDTQWVKPG
PWODGTUVQCTGCNNQECVGFD[KPUVTWEVKQPU

%QWPVWRKPVGTTWRVU7UKPI+PVGTTWRVU7UKPI+PVGTTWRV+PRWVU
%QWPVGT/QFG
+PRWVUKIPCNUVQVJG%277PKV1UDWKNVKPKPRWVRQKPVU
VQCTGEQWPVGFCVJKIJURGGF

M* CPF VJG PQTOCN RTQITCO KU UVQRRGF CPF CP KPVGTTWRV RTQITCO KU GZGEWVGF +PVGTTWRV
UWDTQWVKPGPWODGTUVQCTGCNNQECVGFVQKPRWVRQKPVUVQ

%QWPVEJGEM+PVGTTWRVU7UKPIVJG*KIJURGGF%QWPVGT
2WNUGKPRWVUVQVJG%277PKV1UDWKNVKPKPRWVRQKPVU
VQCTGEQWPVGFCVJKIJURGGF

M*M*CPFCPKPVGTTWRVRTQITCOKUGZGEWVGFYJGPVJGRTGUGPVXCNWGUOCVEJGUVJGVCTIGV
XCNWG QT HCNNU YKVJKP C IKXGP TCPIG +PVGTTWRV UWDTQWVKPG PWODGTU  VQ  CTG CNNQECVGF D[
KPUVTWEVKQPU

6JGQTFGTQHRTKQTKV[HQTKPVGTTWRVUKUCUHQNNQYU






+H CP KPVGTTWRV YKVJ C JKIJGT RTKQTKV[ KU IGPGTCVGF WTKPI KPVGTTWRV RTQITCO GZGEWVKQP VJG
KPVGTTWRVVJCVKUEWTTGPVN[DGKPIRTQEGUUGFYKNNDGUVQRRGFCPFVJGPGYKPVGTTWRVYKNNDGRTQEGUUGF
HKTUV6JGPVJGQTKIKPCNKPVGTTWRVYKNNTGUWOGFCHVGTVJGJKIJGTRTKQTKV[KPVGTTWRVRTQEGUUKPIJCU
DGGPEQORNGVGF
+H KPVGTTWRVU QH VJG UCOG RTKQTKV[ CTG IGPGTCVGF UKOWNVCPGQWUN[ VJG[ YKNN DG RTQEGUUGF KP VJG
HQNNQYKPIQTFGT
+PVGTTWRVKPRWVU→KPVGTTWRVKPRWV→+PVGTTWRVKPRWV→+PVGTTWRVKPRWV→
KPENWFKPIEQWPV
WROQFG
+PVGTXCNVKOGTKPVGTTWRV→*KIJURGGFEQWPVGTKPVGTTWRV



















+PVGTTWRVKPRWVU

%QWPVWRKPVGTTWRVU
+PVGTXCNVKOGT
KPVGTTWRVU
*KIJURGGFEQWPVGT
EQWPVEJGEMKPVGTTWRVU
=  =
('#674'5(70%6+105
3-8
• +PVGTTWRV+PRWVU

$[VWPKPIVJG%2/#%277PKV1UDWKNVKPKPRWVRQKPVUHTQO1((VQ10VJGPQTOCNRTQITCOECP
DGUVQRRGFCPFVJGKPVGTTWRVRTQITCOGZGEWVGF6JGKPVGTTWRVKPRWVUCTGCNNQECVGFVQHQWTRQKPVU

VQ
















+PRWV0WODGT +PVGTTWRV
0WODGT
5WDTQWVKPG
0WODGT
/KPKOWOKPRWV
UKIPCNYKFVJ
+PVGTTWRVTGURQPUG
VKOG
  
  
  
  
OU OU
HTQOYJGP
KPRWVVWTPU10
WPVKNRTQITCO
GZGEWVKQP


• +PVGTXCN6KOGT+PVGTTWRVU

6JG%2/#JCUQPGKPVGTXCNVKOGT
RTGEKUKQPOUVJCVECPDGUGVHTQOOUVQ
OU6JGTGCTGVYQKPVGTTWRVOQFGUVJGQPGUJQVOQFGKPYJKEJCUKPINGKPVGTTWRVKUGZGEWVGF
YJGPVJGVKOGKUWRCPFVJGUEJGFWNGKPVGTTWRVOQFGKPYJKEJKPVGTTWRVUCTGGZGEWVGFCVTGIWNCT
KPVGTXCNU
('#674'5(70%6+105
3-9

 1PGUJQVOQFG 5EJGFWNG+PVGTTWRVOQFG
1RGTCVKQP +PVGTTWRVKUGZGEWVGF
QPEGYJGPVKOGJCU
GNCRUGF
+PVGTTWRVKUGZGEWVGFCV
TGIWNCTKPVGTXCNU
5GVVKOG VQOU
7PKVOU
+PVGTTWRV
TGURQPUGVKOG
OU
HTQOYJGPVKOGJCUGNCRUGFWPVKNGZGEWVKQP
QHKPVGTTWRVRTQITCO

• *KIJ5RGGF%QWPVGTU

6JG%2/#%277PKVJCUCVQVCNQHHKXGRQKPVUHQTJKIJURGGFEQWPVGTUQPGRQKPVHQTJKIJURGGF
EQWPVGT YKVJ C OCZKOWO TGURQPUG HTGSWGPE[ QH  M* CPF HQWT RQKPVU HQT KPVGTTWRV KPRWVU

EQWPVGTOQFG

































6JG%2/#RTQXKFGUDQVJCDWKNVKPJKIJURGGFEQWPVGTCPFDWKNVKPKPVGTTWRVKPRWVU





*KIJ5RGGFEQWPVGTU *KIJ5RGGFEQWPVGTU
+PVGTTWRVKPRWVU

EQWPVGTOQFG
0QKPVGTTWRVU
%QWPVEJGEM
KPVGTTWRVU
0QKPVGTTWRVU
%QWPVEJGEM
KPVGTTWRVU
6CTIGVXCNWG
EQORCTKUQP+PVGTTWRVU
4CPIGEQORCTKUQP
KPVGTTWRVU
RQKPV
RQKPVU
('#674'5(70%6+105
3-10
• +PVGTTWRV+PRWVU
%QWPVGT/QFG

+PVGTTWRVKPRWVU
EQWPVGTOQFGCTGEQWPVGTUDCUGFQPKPRWVUVQVJG%277PKV1UDWKNVKPRQKPVU
VQ6JGUGEQWPVGTUJCXGHQWTRQKPVUCPFVJG[ECPRTQXKFGGKVJGTCPKPETGOGPVKPIQT
FGETGOGPVKPIEQWPVFGRGPFKPIQPVJGOQFGUGVVKPI5KPEGVJKUHWPEVKQPWVKNKGUKPVGTTWRVKPRWVUHQT
EQWPVKPIKVKUPQVRQUUKDNGVQWUGVJGUCOGKPRWVUHQTQVJGTKPVGTTWRVKPRWVU

+PRWV0WODGT

0QVG
4GURQPUG
HTGSWGPE[
+PRWV/QFG
%QWPVXCNWG %QPVTQN/GVJQF




M* +PETGOGPVKPIEQWPVGT

VQ((((
GETGOGPVKPIEQWPVGT
VQ
((((
%QWPVWRKPVGTTWRVU

• +PVGTTWRVD[*KIJ5RGGF%QWPVGT+PRWVU
%QWPVEJGEM+PVGTTWRVU

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Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller
Beginner guide plc controller

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Beginner guide plc controller

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  •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
  •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
  •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
  •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
  •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
  •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
  • 10. +06417%6+10 E 'TCUCDNG2TQITCOOCDNG4GCF1PN[/GOQT[ '241/ '241/JQNFUFCVCRGTOCPGPVN[LWUVNKMG41/+VFQUGPQVTGSWKTGDCVVGT[DCEMWR*QYGXGTKVU EQPVGPVECPDGGTCUGFD[GZRQUKPIKVVQWNVTCXKQNGVNKIJV#RTQOYTKVGTKUTGSWKTGFVQTGRTQITCO VJGOGOQT[ F'NGEVTKECNN['TCUCDNG2TQITCOOCDNG4GCF1PN[/GOQT[ ''241/ ''241/EQODKPGUVJGCEEGUUHNGZKDKNKV[QH4#/CPFVJGPQPXQNCVKNKV[QH'241/KPQPG+VU EQPVGPVUECPDGGTCUGFCPFTGRTQITCOOGFGNGEVTKECNN[JQYGXGTVQCNKOKVPWODGTQHVKOGU
  •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
  •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• 6JGTGCTGVQQOCP[YKTKPIYQTMKPVJGRCPGN • /QFKHKECVKQPECPDGSWKVGFKHHKEWNV • 6TQWDNGUJQQVKPIECPDGSWKVGVTQWDNGUQOGCU[QWOC[TGSWKTGCUMKNNHWNRGTUQP • 2QYGTEQPUWORVKQPECPDGSWKVGJKIJCUVJGEQKNEQPUWOGURQYGT • /CEJKPGFQYPVKOGKUWUWCNN[NQPIYJGPRTQDNGOUQEEWTCUKVVCMGUCNQPIGTVKOGVQVTQWDNGUJQQV VJGEQPVTQNRCPGN • TCYKPIUCTGPQVWRFCVGFQXGTVJG[GCTUFWGVQEJCPIGU+VECWUGUNQPIGTFQYPVKOGKP OCKPVGPCPEGCPFOQFKHKECVKQP (KI6[RKECN%QPXGPVKQPCN%QPVTQN2CPGN
  • 13. +06417%6+10 Y 2TQITCOOCDNG%QPVTQNNGT%QPVTQN2CPGNCPF6JGKT#FXCPVCIGU 9KVJ VJG CTTKXCN QH RTQITCOOCDNG EQPVTQNNGTU VJG EQPVTQN FGUKIP CPF EQPEGRV KORTQXG VTGOGPFQWUN[6JGTGCTGOCP[CFXCPVCIGUKPWUKPIVJGRTQITCOOCDNGEQPVTQNNGTU #V[RKECNGZCORNGQHVJG2.%EQPVTQNRCPGNKUUJQYPKP(KI Y #FXCPVCIGUQH2.%%QPVTQN2CPGN • *GTGCTGVJGOCLQTCFXCPVCIGUVJCVECPDGFKUVKPIWKUJCDN[TGCNKGF • 6JG YKTKPI QH VJG U[UVGO WUWCNN[ TGFWEGU D[ EQORCTGF VQ EQPXGPVKQPCN TGNC[ EQPVTQN U[UVGO • 6JGRQYGTEQPUWORVKQPKUITGCVN[TGFWEGFCU2.%EQPUWOGOWEJNGUURQYGT • 6JG2.%UGNHFKCIPQUVKEHWPEVKQPUGPCDNGGCU[CPFHCUVVTQWDNGUJQQVKPIQHVJGU[UVGO • /QFKHKECVKQPQHEQPVTQNUGSWGPEGQTCRRNKECVKQPECPGCUKN[DGFQPGD[RTQITCOOKPIVJTQWIJ VJGEQPUQNGQTEQORWVGTUQHVYCTGYKVJQWVEJCPIKPIQH+1YKTKPIKHPQCFFKVKQPCN+PRWVQT 1WVRWVFGXKEGUCTGTGSWKTGF • +P2.%5[UVGOURCTGRCTVUHQTTGNC[UCPFJCTFYCTGVKOGTUCTGITGCVN[TGFWEGFCUEQORCTGFVQ EQPXGPVKQPCNEQPVTQNRCPGN • 6JGOCEJKPGE[ENGVKOGKUKORTQXGFVTGOGPFQWUN[FWGVQVJGURGGFQH2.%QRGTCVKQPKUC OCVVGTQHOKNNKUGEQPFU6JWURTQFWEVKXKV[KPETGCUGU • +VEQUVOWEJNGUUEQORCTGFVQEQPXGPVKQPCNU[UVGOKPUKVWCVKQPYJGPVJGPWODGTQH+1UKU XGT[NCTIGCPFEQPVTQNHWPEVKQPUCTGEQORNGZ • 6JGTGNKCDKNKV[QHVJG2.%KUJKIJGTVJCPVJGOGEJCPKECNTGNC[UCPFVKOGTU • #PKOOGFKCVGRTKPVQWVQHVJG2.%RTQITCOECPDGFQPGKPOKPWVGU6JGTGHQTGJCTFEQR[QH FQEWOGPVCVKQPECPDGGCUKN[OCKPVCKPGF (KI6[RKECN2.%%QPVTQN2CPGN
  •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
  • 15. +06417%6+10 (KIUJQYUVJGYKTKPIEKTEWKVQHVJG+1FGXKEGU (KIKUVJGNCFFGTFKCITCOHQTVJGEQPXGTUKQP+VOWUVDGRTQITCOOGFKPVQVJG2.% '0 2$ 5VCTV2WUJDWVVQP 2$ 5VQR2WUJDWVVQP (KI.CFFGTFKCITCO %QPVTQN /I /QVQT MY /CIPGVKE%QPVCEVQT (KI*CTF9KTG%KTEWKVHQT2.%%QPPGEVKQP %KTEWKV $TGCMGT /I 4 ; $ 6J 7 8 9 0 ' 2$ 2$ 5VCTV2WUJDWVVQP 5VQR2WUJDWVVQP /I 6J (75' %1/ %8 − +0276 176276 (KI/QVQT%KTEWKV #UUKIPOGPV +PRWV%JCPPGN 1WVRWV%JCPPGN
  •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
  • 17. +06417%6+10 (KIUJQYUVJGYKTKPIEKTEWKVQHVJG+1FGXKEGU 2$ 2$ 5VQR %06 .5 .KOKV5YKVEJ %QPXG[QT/QVQT #PF470.KIJV %[NKPFGT 5QNGPQKF %06 2$ .5 .KOKV5YKVEJ 'PF%[ENG$GNN %06 '0 (KI.CFFGTKCITCOQH2.% $GIKP%[ENG % 4UV 2$ .5 .5 2$ /64 . 0 6J %QPXG[QT /QVQT 4WP.KIJV %[NKPFGT 5QNGPQKF 'PF%[ENG$GNN +0276 176276 %8 (KI9KTKPI%KTEWKVQH2.%HQT5QTVKPI/CEJKPG
  •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
  •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
  • 20. +06417%6+10 Y 2TQITCOOCDNG%QPVTQNNGT#RRNKECVKQPU 6JGTGCTGUQOCP[CRRNKECVKQPUVJCV[QWECPHKPF2.%UCTGWUGKPVJGXCTKQWUKPFWUVTKGU*GTGCTG VJGNKUVQHCRRNKECVKQPU • /CVGTKCN*CPFNKPI • %QPXG[QT5[UVGO • 2CEMCIKPI/CEJKPG • 2KEMCPF2NCEG4QDQV%QPVTQN • 2WOR%QPVTQN • 5YKOOKPI2QQN • 9CVGT6TGCVOGPV • %JGOKECN2TQEGUUKPI2NCPV • 2CRGTCPF2WNR+PFWUVTKGU • )NCUU/CPWHCEVWTKPI • 2TGECUV%QPETGVG+PFWUVTKGU • %GOGPV/CPWHCEVWTKPI • 2TKPVKPI+PFWUVTKGU • 'NGEVTQRNCVKPI2NCPVU • (QQF2TQEGUUKPI • /CEJKPG6QQNU • 6QDCEEQ+PFWUVTKGU • 2NCUVKE/QWNFKPIOCEJKPG • 5GOKEQPFWEVQT/CPWHCEVWTKPI /CEJKPG • 5WICT/CPWHCEVWTKPI2NCPV • 2CNO1KN/CPWHCEVWTKPI2NCPV • #KT%QPFKVKQP%QPVTQN • 2QYGT5VCVKQP2NCPV • 2TQEGUU/QPKVQTKPI%QPVTQN • 'NGEVTKECN'NGEVTQPKE#RRNKCPEG /CPWHCEVWTKPI • KUMTKXG/CPWHCEVWTKPI • 2GVTQN%JGOKECN2NCPV • 6TCHHKE.KIJV5[UVGO • 6TCKP%QPVTQN5VCVKQPU[UVGO • 2NCUVKE/CPWHCEVWTKPI+PFWUVTKGU • %CT/CPWHCEVWTKPI2NCPV • +TQPCPF5VGGN/KNN • KCT[2TQFWEV/CPWHCEVWTKPI2NCPV • $WKNFKPI#WVQOCVKQP • 6[TG/CPWHCEVWTKPI • +PVGITCVGF%KTEWKV%JKR/CPWHCEVWTKPI • 5GYCIG6TGCVOGPV2NCPV • 5GEWTKV[%QPVTQN5[UVGO • .KHV%QPVTQN5[UVGO • )GPGTCVQT%QPVTQN5[UVGO • #OWUGOGPV2CTM%QPVTQN
  •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conveyor A (1003) conveyor B PH1 (4) LS3 LS1 (1) LS2 (2) SOL2 (1001) (1000) SOL1 PB1 (0) (counterclockwiserotation)(clockwise rotation) (Start button) (Detect workpiece) (clockwise rotation) (counterclockwiserotation) (check grasp work) (3)
  • 22. +06417%6+10 GVGTOKPGVJG5GSWGPEGQH1RGTCVKQPD[TCYKPIVJG(NQYEJCTV 5VCTV $WVVQP 2TGUUGF #TO #V .5 #TOTQVCVGU%NQEMYKUG 0Q %QPXG[QT#10 2JQVQ'[G5GPUG 9QTMRKGEG %QPXG[QT#1(( #TO)TCUR9QTM #TO4QVCVGU%QWPVGTENQEMYKUG #TO #V .5 4GNGCUG9QTMRKGEG +U .5 1(( 0Q 0Q ;GU ;GU ;GU ;GU ;GU ;GU +U .5 10 0Q 0Q 51. 51. 5612%10+6+10 #VCPVVKOG 5612$76610KU RTGUUGFVJG#4/UVQR YJGTGKVKU 7RQPRTGUUKPIUVCTV $WVVQPVJGCTOEQPVKPWGU
  •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
  • 25. +06417%6+10 • +PKVKCN5[UVGO%JGEMU %JGEMVJGHQNNQYKPIKVGOUCHVGTUGVVKPIWRCPFYKTKPIVJG2.%$GUWTGVQEJGEMVJGYKTKPICPF EQPPGEVKQPUDGHQTGRGTHQTOKPICVGUVTWP +VGO 2QKPVUVQ%JGEM 2QYGTUWRRN[CPF +1EQPPGEVKQPU +UVJGYKTKPIEQTTGEV! #TGVJGVGTOKPCNUUGEWTGN[VKIJVGPGF! #TGVJGTGCP[UJQTVUDGVYGGPETKOREQPPGEVQTUQTYKTGU! %QPPGEVKPIECDNGU #TGVJGECDNGUCNNEQPPGEVGFEQTTGEVN[CPFNQEMGF! •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
  • 26. 5;56'/%10(+)74#6+10 Y %27%QORQPGPVU %2/#%4 %2/#%4 %2/#%4 %2/#%4 'ZRCPUKQP+1WPKV %QPPGEVQT 'ZRCPUKQP+1WPKV %QPPGEVQT
  • 27. 5;56'/%10(+)74#6+10 • 2.%5VCVWU+PFKECVQTU +PFKECVQT 5VCVWU /GCPKPI 10 2QYGTKUDGKPIUWRRNKGFVQVJG2.%294 ITGGP 1(( 2QYGTKUPIVDGKPIUWRRNKGFVQVJG2.% 470 ITGGP 10 6JG2.%KUQRGTCVKPIKP470QT/10+624OQFG 1(( 6JG 2.% KU KP 241)4#/ OQFG QT C HCVCN GTTQT JCUQEEWTTGF 10 #HCVCNGTTQTJCUQEEWTTGF 2.%QRGTCVKQPUVQRU (NCUJKPI #PQPHCVCNGTTQTJCUQEEWTTGF 2.%QRGTCVKQP EQPVKPWGU '44#./ TGF 1(( +PFKECVGUPQTOCNQRGTCVKQP %1// QTCPIG 10 CVCKUDGKPIVTCPUHGTTGFXKCVJG2GTKRJGTCN2QTV 1(( CVCKUPIVDGKPIVTCPUHGTTGFXKCVJG2GTKRJGTCN2QTV • +PRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIKPRWVVGTOKPCNKU10 9JGPCHCVCNGTTQTQEEWTUVJGKPRWVKPFKECVQTUEJCPIGCUHQNNQYU %27GTTQTQT+1DWUGTTQT 6JGKPRWVKPFKECVQTUVWTP1(( /GOQT[GTTQTQTU[UVGOGTTQT 6JG KPRWV KPFKECVQTU OCKPVCKP VJGKT UVCVWU DGHQTG VJG GTTQT QEEWTTGFGXGPKHVJGKPRWVUVCVWUKUEJCPIGF • 1WVRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGQWVRWVTGNC[UCTGVWTPGFQP
  • 28. 5;56'/%10(+)74#6+10 Y %2/#%27%QORQPGPVU %2/#%=?=? %2/#%=?=? %2/#%=?=? 'ZRCPUKQP+1 7PKV%QPPGEVQT 'ZRCPUKQP+1 7PKV%QPPGEVQT
  • 29. 5;56'/%10(+)74#6+10 • 2.%5VCVWU+PFKECVQTU +PFKECVQT 5VCVWU /GCPKPI 294 ITGGP 10 2QYGTKUDGKPIUWRRNKGFVQVJG2.% 1(( 2QYGTKUPIVDGKPIUWRRNKGFVQVJG2.% 470 ITGGP 10 6JG2.%KUQRGTCVKPIKP470QT/10+614OQFG 1(( 6JG 2.% KU KP 241)4#/ OQFG QT C HCVCN GTTQT JCUQEEWTTGF '44#./ TGF 10 #HCVCNGTTQTJCUQEEWTTGF 2.%QRGTCVKQPUVQRU (NCUJKPI # PQPHCVCN GTTQT JCU QEEWTTGF 2.% QRGTCVKQP EQPVKPWGU %1// QTCPIG 10 CVCKUDGKPIVTCPUHGTTGFXKCVJG2GTKRJGTCN2QTVQT 45%RQTV 1(( CVCKUPIVDGKPIVTCPUHGTTGFXKCVJG2GTKRJGTCN2QTV QT45%RQTV • +PRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIKPRWVVGTOKPCNKU10 9JGPCHCVCNGTTQTQEEWTUVJGKPRWVKPFKECVQTUEJCPIGCUHQNNQYU %27GTTQTQT+1DWUGTTQT6JGKPRWVKPFKECVQTUVWTP1(( /GOQT[GTTQTQTU[UVGOGTTQT 6JG KPRWV KPFKECVQTU YKNN EJCPIG YKVJ VJG UVCVWU QH VJG KPRWV UKIPCNDWVKPRWVUYKNNPQVDGWRFCVGFKPOGOQT[ • 1WVRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGQWVRWVTGNC[UCTGVWTPGFQP6JGKPFKECVQTUCTGNKVFWTKPI+1 TGHTGUJKPI9JGPRWNUGQWVRWVUCTGDGKPIWUGFVJGKPFKECVQTYKNNTGOCKPNKVEQPVKPWQWUN[YJKNGVJG RWNUGUCTGDGKPIQWVRWV • #PCNQI%QPVTQN 6WTPVJGUGEQPVTQNUVQEJCPIGVJGCPCNQIUGVVKPI VQKP+4CPF+4 • 2GTKRJGTCN2QTV %QPPGEVUVJG2.%VQC2TQITCOOKPIGXKEG KPENWFKPI2TQITCOOKPI%QPUQNGUJQUVEQORWVGT QTUVCPFCTFGZVGTPCNFGXKEG
  • 30. 5;56'/%10(+)74#6+10 • 45%2QTV %QPPGEVUVJG2.%VQCRTQITCOOKPIGXKEG GZENWFKPI2TQITCOOKPI%QPUQNGUJQUVEQORWVGTU 2TQITCOOCDNG6GTOKPCNQTUVCPFCTFGZVGTPCNFGXKEG • %QOOWPKECVKQP5GVVKPI 6JKUUYKVEJUGNGEVUYJGVJGTVJG2GTKRJGTCNRQTVCPF45%RQTVYKNNWUGVJGEQOOWPKECVKQPU UGVVKPIKPVJG2%5GVWRQTVJGUVCPFCTFUGVVKPIU 1(( 6JG2GTKRJGTCN2QTVCPF45%RQTVQRGTCVGCEEQTFKPIVQVJGEQOOWPKECVKQPUGVVKPIKP VJGUGVWRGZEGRVHQTC2TQITCOOKPI%QPUQNGEQPPGEVGFVQVJG2GTKRJGTCNRQTV 10 6JG2GTKRJGTCN2QTVCPF45%RQTVQRGTCVGCEEQTFKPIVQVJGUVCPFCTFEQOOWPKECVKQPU UGVVKPIUGZEGRVHQTC2TQITCOOKPI%QPUQNGEQPPGEVGFVQVJG2GTKRJGTCNRQTV • $CVVGT[ 6JKUDCVVGT[DCEMUWRVJGOGOQT[KPVJG%277PKVCPFKUEQPPGEVGFYJGPVJG7PKVKUUJKRRGF • 'ZRCPUKQP%QPPGEVQT %QPPGEVUVJG2.%IU%27WPKVVQVJG'ZRCPUKQP7PKV 'ZRCPUKQP+1WPKV#PCNQI+1WPKVQTVJG %QORQ$WU5+1.KPM7PKV7RVQ'ZRCPUKQP7PKVUECPDGEQPPGEVGFVQC%27WPKV
  • 31. 5;56'/%10(+)74#6+10 • 'ZRCPUKQP+17PKV%QORQPGPVU 6JGGZRCPUKQPWPKVUCTGUJCTGFDGVYGGP%2/#CPF%2/# 'ZRCPUKQP+1YKVJ+16GTOKPCNU • %2/#'4 • %2/#'6 • %2/#'6 'ZRCPUKQP+1YKVJ+PRWV6GTOKPCNU %2/#'
  • 32. 5;56'/%10(+)74#6+10 'ZRCPUKQP+1YKVJ1WVRWV6GTOKPCNU • %2/#'4 • %2/#'6 • %2/#'6 +PRWV6GTOKPCNU %QPPGEVVQVJGKPRWVEKTEWKVU 1WVRWV6GTOKPCNU %QPPGEVVQVJGQWVRWVEKTEWKVU +PRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIKPRWVVGTOKPCNKU10 1WVRWV+PFKECVQTU 6JGUGKPFKECVQTUCTGNKVYJGPVJGEQTTGURQPFKPIQWVRWVVGTOKPCNKU10 'ZRCPUKQP+17PKV%QPPGEVKPI%CDNG %QPPGEVU VJG 'ZRCPUKQP +17PKV VQ VJG 'ZRCPUKQP %QPPGEVQT QP VJG2.%IU %27 7PKVQT CPQVJGT'ZRCPUKQP+17PKV 'ZRCPUKQP%QPPGEVQT %QPPGEVUVQCPQVJGT'ZRCPUKQPWPKV 'ZRCPUKQP+17PKV#PCNQI+17PKVQT%QORQ$WU5 +1.KPM7PKV7RVQVJTGG'ZRCPUKQP7PKVUECPDGEQPPGEVGFVQC%277PKV
  • 33. 5;56'/%10(+)74#6+10 #PCNQI+17PKV%QORQPGPVU %2/#/# #PCNQI6GTOKPCNU %QPPGEVUVJGWPKVVQCPCNQIKPRWVFGXKEGUCPFCPCNQIQWVRWVFGXKEGU 'ZRCPUKQP+1WPKV%QPPGEVKPI%CDNG %QPPGEVUVJG#PCNQI+1WPKVVQVJG'ZRCPUKQP%QPPGEVQTQPVJG2.%IU%277PKVQTCPQVJGT 'ZRCPUKQP7PKV 'ZRCPUKQP%QPPGEVQT %QPPGEVUVQCPQVJGT'ZRCPUKQP7PKV 'ZRCPUKQP+17PKV#PCNQI7PKVQT%QORQ$WU5+1 .KPM7PKV7RVQ'ZRCPUKQP7PKVECPDGEQPPGEVGFVQC%27WPKV %QORQ$WU56GTOKPCNU %2/#546
  •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  •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
  • 37. 5;56'/%10(+)74#6+10 /WNVKFTQR%QOOWPKECVKQPUVQ%QORWVGT 6JG HQNNQYKPI FKCITCO UJQYU JQY VQ EQPPGEV WR VQ %27U %2/# QPN[ VQ CP +$/ 2%#6QTEQORCVKDNGEQORWVGT #FCRVGTUCPF%CDNGU 6JGHQNNQYKPIVCDNGNKUVUUQOGQHVJG#FCRVGTUCPF%CDNGUWUGFKP*QUV.KPMEQOOWPKECVKQPU 0COG 7UCIG /QFGNPWODGT 45%#FCRVGT %2/%+( 45#FCRVGT %QPXGTVUVQRGTKRJGTCNRQTVNGXGNEQOOWPKECVKQPU %2/%+( %QPPGEVKPI%CDNGU 7UGFVQEQPPGEV+$/2%#6QTEQORCVKDNG EQORWVGTU %CDNGNGPIVJO %3/%+( .KPM#FCRVGT %QPXGTVUDGVYGGPVJG45%CPF45 $#. 6JGOCZKOWOECDNGNGPIVJQH45UJQWNFDGO
  • 38. 5;56'/%10(+)74#6+10 HQTOCVU 45#FCRVGT 6GTOKPCVKQP4GUKUVCPEG5YKVEJ 5GVVJG.KPM#FCRVGTCPF45#FCRVGTCVGCEJGPFQHVJGOCKPNKPGVQK10LYJGPWUKPI VJGVGTOKPCVKQPTGUKUVCPEGUYKVEJ %QPPGEVQT %QPPGEVUVQVJG%27IU2GTKRJGTCN2QTV 452QTV %QPPGEVUVQVJG*QUV.KPMPGVYQTM
  • 39. 5;56'/%10(+)74#6+10 • VQ2%%QOOWPKECVKQP.KPMU #FCVCNKPMECPDGETGCVGFYKVJVJG.4FCVCCTGCKPCPQVJGT%2/#%2/%3/54/QT %*5 2% QT %*:*'*) 2% #P 45% #FCRVGT KU WUGF VQ OCMG VJG VQ EQPPGEVKQP 0COG 7UCIG /QFGNPWODGT 45%#FCRVGT %QPXGTVUVQRGTKRJGTCNRQTVHQTOCV %2/%+(
  • 40. 5;56'/%10(+)74#6+10 • 06.KPM%QOOWPKECVKQP 06 .KPM KU C JKIJ URGGF KPVGTHCEG DGVYGGP VJG %2/# CPF C 2TQITCOOCDNG 6GTOKPCN 6JG 45%CFCRVGTPGGFUVQDGWUGFHQTVJKUEQPPGEVKQPYKVJVJGOQFGUYKVEJQPVJGCFCRVGTUGVVQ K06.KPML 0COG 7UCIG /QFGNPWODGT 45%#FCRVGT %QPXGTVUVQRGTKRJGTCNRQTVHQTOCV %2/%+( • 2TQITCOOKPI'ZCORNGQH2.%.KPM$GVYGGP%2/#7PKVU 1/4102TQITCOOCDNG6GTOKPCN 45%%CDNG 45% #FCRVGT %2/#%27 45%%CDNG 45% #FCRVGT %2/# %2745% #FCRVGT %2/#%27 /18 /18 .4 '0 #NYC[U 10 5GPFFCVCQH /CUVGT VQ 5NCXG 4GEGKXG5NCXG FCVC /18 /18 .4 '0 #NYC[U 10 5GPFFCVCQH 5NCXGVQ /CUVGT 4GEGKXGFCVC HTQO /CUVGT 0QVG5GV/CPF OWUVUGVKPVGTHCEGVQ06 0QVG5GV/CPF OWUVUGVKPVGTHCEGVQ06 /#56'4241)4#/ 5.#8'241)4#/
  • 41. 5;56'/%10(+)74#6+10 Y %2/#%QOOWPKECVKQP(WPEVKQPU 6JKU UGEVKQP FGUETKDGU JQY VQ WUG %2/# EQOOWPKECVKQPU HWPEVKQPU 6JG HQNNQYKPI V[RGU QH EQOOWPKECVKQPU CTG DGKPI FGUETKDG *QUV .KPM 0Q2TQVQEQN 06 .KPM QT QPGVQQPG NKPM EQOOWPKECVKQPU • *QUV.KPM%QOOWPKECVKQPU *QUV.KPMEQOOWPKECVKQPCTGCCEQPXGTUCVKQPCNV[RGEQOOWPKECVKQPRTQVQEQNKPYJKEJVJG2.% UGPFUTGURQPUGUVQEQOOCPFUKUUWGFHTQOCJQUVEQORWVGTCPFECPDGWUGFVQTGCFQTYTKVGFCVC KP2.%IUFCVCCTGCUCPFEQPVTQNUQOG2.%QRGTCVKQPU*QUV.KPMEQOOWPKECVKQPUECPDGWUGF VJTQWIJVJGRGTKRJGTCNRQTVQTVJG%2/#IU45%RQTV
  •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
  • 43. 5;56'/%10(+)74#6+10 •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
  • 44. 5;56'/%10(+)74#6+10 • 06.KPM%QOOWPKECVKQP 6JG 06 .KPM CNNQYU C %2/# 2.% VQ DG EQPPGEVGF FKTGEVN[ VQ CP 1/410 2TQITCOOCDNG 6GTOKPCN6JGTGKUPQPGGFHQTCEQOOWPKECVKQPURTQITCOQPVJG2.%6JG06.KPMECPDGWUGF YKVJC45%RQTV • 1PGVQQPG.KPMEQOOWPKECVKQPU #QPGVQQPGFCVCNKPMQHWRVQDKVU .4VQ.4ECPDGETGCVGFYKVJVJGFCVCCTGC QHCPQVJGT%2/#%3/%2/#54/ 8QTC%*:*)*'2.%YJGTGQPGUGTXGU CUVJG/#UVGTVJCVQVJGTCU5NCXG6JGTGKUPQPGGFHQTCEQOOWPKECVKQPURTQITCOQPVJG2.% 6JGQPGVQQPGNKPMECPDGWUGFYKVJCP45%RQTV 6JGNKPMTGNC[CTGCQPVJG%2/#2.%UKUQPN[YQTFU.4VQ.49JGPRGTHQTOKPIC QPGVQQPG NKPM YKVJ C %2/# 2.% CPF %3/ %*5 QT %*9*)*' WUG VJG EQTTGURQPFKPIYQTFU.4VQ.4QPVJG%3/%*5QT%*9*)*'#QPGVQ QPGNKPMYKVJC%2/#2.%ECPPQVDGRGTHQTOGFWUKPI.4VQ.4
  • 45. 5;56'/%10(+)74#6+10 • %QORQ$WU5+1.KPM%QPPGEVKQPU #%QORQ$WU5+1.KPMECPDGWUGFVQETGCVGCP+1NKPM TGOQVG+1QHKPRWVRQKPVUCPF QWVRWVRQKPVUYKVJC%QORQ$WU5/CUVGTQT7PKV54/2.%6JGEQPPGEVKQPKUOCFGVJTQWIJC %QORQ$WU5+1.KPM7PKV (TQOVJGUVCPFRQKPVQHVJG%2/#%27WPKVVJGCTGCCNNQECVGFVQVJG%QORQ$WU5+1.KPM 7PKVECPDGVTGCVGFLWUVNKMGVJGCTGCCNNQECVGFVQCP'ZRCPUKQP+17PKV6JGFKHHGTGPEGKUVJCVVJG DKVUCTGPQVCEVWCN+1RQKPVUDWV+1DKVUKPVJG/CUVGT7PKV %CDNGU 7UGURGEKCNHNCVECDNGQT8%6(ECDNGVQEQPPGEVVJGPQFGUKPVJG%QORQ$WU5+1NKPM 5RGEKCN HNCVECDNGUCPF8%6(ECDNGUECPPQVDGEQODKPGFKPVJGUCOGU[UVGO 0COG /QFGN0WODGT 5RGEKHKECVKQPU (NCV%CDNG :$69 EQPFWEVQTHNCVECDNGOO 8%6(%CDNG EQPFWEVQT8%6(Z
  • 46. 5;56'/%10(+)74#6+10 • 2GTKRJGTCNGXKEG%QPPGEVKQPU %2/#CPF%2/#RTQITCOOKPIECPDGETGCVGFQTGFKVGFYKVJC2TQITCOOKPI%QPUQNGQTC RGTUQPCNEQORWVGTTWPPKPI5;59+0 • 2TQITCOOKPI%QPUQNG #%3/24'QT%*241'2TQITCOOKPI%QPUQNGECPDGEQPPGEVGFVQVJG%2/ CPF%2/#CUUJQYPKPVJGHQNNQYKPIFKCITCO 0COG /QFGNPWODGT %3/UGTKGU2TQITCOOKPI%QPUQNG 6JG%QPPGEVKPI%CDNGKUCVVCEJGF %3/241' %*UGTKGU2TQITCOOKPI%QPUQNG %CDNG%*%0PGGFGFHQTEQPPGEVKQP %*241' %3/241' %*241' %2/#%27 %2/#%27 %*%0 O %*%0 O
  • 47. 5;56'/%10(+)74#6+10 • 5;5/#%9KPFQYDCUGF5WRRQTV5QHVYCTG #P+$/2%#6EQORCVKDNGRGTUQPCNEQORWVGTTWPPKPI5;59+0ECPDGEQPPGEVGFVQVJG%2/# CUUJQYPKPJGHQNNQYKPIFKCITCO $[45%2QTV %QPPGEVVQVJG%277PKVU45%RQTVYKVJCP:9=?5QT:9=?58%QPPGEVKPI %CDNGQT*QUVNKPM%CDNG5GNHOCFG 0QVG 6JG:9 5ECDNGUJCXGC5WDRKPEQPPGEVQTCPFVJG:9 58ECDNGUJCXGC 5WDRKPEQPPGEVQT %2/# %2/# %2/#%+( 45%%CDNG %3/%+( +$/2%#6QT EQORCVKDNGEQORWVGT 5;59+0 +$/2%#6QT EQORCVKDNGEQORWVGT 5;59+0 45%%CDNG
  •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
  • 49. 5;56'/%10(+)74#6+10 •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
  • 50. 5;56'/%10(+)74#6+10 • 2.%'NGEVTKECN9KTKPI'ZCORNG +02769+4+0) %8 1762769+4+0) %QPVCEV %1/ %1/ %1/ %1/ %1/ ) $ % 8 8 0 . (WUG %* +PFKECVQT 5QNGPPQKF 8CNXG # /QVQT %QPVCEVQT %2/ 8 020 2TQZKOKV[ 5GPUQT .KIJV 5QWTEG 4GEGKXGT 5GSWGPEG6[RG2JQVQ 5GPUQT 020 8 +PVGTNQEM%QPVCEV %1/ %* %2/ 2WUJ $WVVQP .KOKV 5YKVEJ
  • 51. ('#674'5(70%6+105 3-1 Y %2/#)GPGTCN • 6JG%2/#KUCEQORCEV2.%YKVJQT+1VGTOKPCNUDWKNVKPVQVJG%27 • #P'ZRCPUKQP+17PKVECPDGEQPPGEVGFVQVJGCPF+1−RQKPV%27VQCFFCPGZVTC+1 RQKPV • (NCUJOGOQT[RTQXKFGUOGOQT[DCEMWRYKVJQWVCDCVVGT[ • 6JG %2/#−%4− 2%U ECP JCPFNG KPVGTTWRV KPRWVU VJG %2/#−%4− %2/#−%4− CPF%2/#−%4− 2%UECPJCPFNGKPVGTTWRVKPRWVU+PCFFKVKQPVQ PQTOCNKPRWVKPVGTTWRVUVJG%2/#JCUCEQWPVGTOQFGVJCVEQWPVUJKIJURGGFKPRWVUKIPCNU CPFVTKIIGTUKPVGTTWRVUCVHKZGFEQWPVOWNVKRNGU • 3WKEMTGURQPUGKPRWVUECPFGVGEVKPRWVUKIPCNUYKVJCRWNUGYKFVJCUUJQTVCUOUTGICTFNGUU QHVJGKTVKOKPIFWTKPIVJG2.%E[ENG3WKEMTGURQPUGKPRWVUCPFKPVGTTWRVKPRWVUWUGVJGUCOG KPRWVVGTOKPCNU • %2/#2.%UJCXGCJKIJURGGFKPVGTXCNVKOGTYJKEJECPDGUGVHTQOOUVQOU 6JGVKOGTECPDGUGVVQVTKIIGTCUKPINGKPVGTTWRV QPGUJQVOQFGQTTGRGCVUEJGFWNGFKPVGTTWRVU UEJGFWNGFKPVGTTWRVOQFG • %2/#2.%UJCXGCJKIJURGGFEQWPVGTVJCVECPDGWUGFKPKPETGOGPVCNOQFGQTWRFQYP OQFG6JGJKIJURGGFEQWPVGTECPDGEQODKPGFYKVJKPRWVKPVGTTWRVUVQRGTHQTOVCTIGVXCNWG EQPVTQNQTQPGEQORCTKUQPEQPVTQNVJCVKUP1VCHHGEVGFD[VJG2.%1UE[ENGVKOG • 6JG%2/#2.%UJCXGCPCNQIXQNWOGEQPVTQNUVJCVECPDGWUGFVQOCMGOCPWCNCPCNQI UGVVKPIUOCPWCNN[6JGUGECPDGWUGFVQGZVGTPCNN[UGVVKOKPIQTEQWPVGTXCNWGUGVE • 6JG %2/# 2.%U CTG EQORCVKDNG YKVJ VJG *QUV .KPM YJKEJ CNNQYU EQOOWPKECVKQPU YKVJ RGTUQPCNEQORWVGTUQT2TQITCOOCDNG6GTOKPCNU • #P45−%#FCRVGTKUWUGFHQT−VQ−EQOOWPKECVKQPUCPFCP45−#FCRVGTKUWUGFHQT −VQ−PEQOOWPKECVKQPU • # FCVC NKPM ECP DG ETGCVGF YKVJ VJG .4 FCVC CTGC KP CPQVJGT %2/# %2/ %3/ QT %*52.%#P45−%#FCRVGTKUWUGFVQOCMGVJG−VQ−EQPPGEVKQP • *KIJ−URGGF/CP−/CEJKPG+PVGTHCEGQRGTCVKQPUECPDGCEJKGXGFD[EQPPGEVKPIVJG%2/#VQ VJG2TQITCOOCDNG6GTOKPCNVJTQWIJVJG06.KPM+PVGTHCEG#P45−#FCRVGTKUWUGFHQT VJKUEQPPGEVKQP • 6JG %2/# WUGU VJG UCOG 2TQITCOOKPI %QPUQNGU CPF 5[UYKP 2TQITCOOKPI 5QHVYCTG CU QVJGT1OTQP%5GTKGU2.%U
  • 53. ('#674'5(70%6+105 3-3 • +PRWVU+PVGTTWRVU 6JGTGCTGVYQKPRWVKPVGTTWRVUKPVJG%2/#−RQKPV+1%27CPFHQWTKPVJG−−CPF −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−%4− +4VQ+4 %2/#−%4− %2/#−%4− %2/#−%4− +4VQ+4 OU M*KP%QWPVGT/QFG /18 # '0 /CKP2TQITCO 4'6 /18 5$0 +PVGTTWRV2TQITCO +PRWVKPVGTTWRV
  • 54. ('#674'5(70%6+105 3-4 • 3WKEMTGURQPUG+PRWVU(WPEVKQPU 6JG %2/#−%4−=? 2.%U JCXG SWKEMTGURQPUG KPRWV VGTOKPCNU CPF VJG %2/#−%4−=?%4−=?%4−=?2.%UJCXGSWKEMTGURQPUGKPRWVVGTOKPCNU 6JGUCOGVGTOKPCNUCTGWUGFHQTSWKEMTGURQPUGKPRWVUCPFKPVGTTWRVKPRWVU 3WKEMTGURQPUG KPRWVU JCXG CP KPVGTPCN DWHHGT UQ KPRWV UKIPCNU UJQTVGT VJCP QPG E[ENG ECP DG FGVGEVGF 6JGHQNNQYKPIVCDNGUJQYUVJGKPRWVDKVUWUGHQT3WKEMTGURQPUGKPRWVHWPEVKQP 2%OQFGN +PRWVDKVU /KPKOWOKPRWVRWNUGYKFVJ %2/#−%4−=? +4VQ+4 %2/#−%4−=? %2/#−%4−=? %2/#−%4−=? +4VQ+4 OU • +PVGTXCN6KOGT(WPEVKQP %2/#CTGGSWKRRGFYKVJCPKPVGTXCNVKOGTYJKEJECPDGUGVHTQOOUVQOUKPWPKVU QHOU6JGVKOGTECPDGUGVVQVTKIIGTCUKPINGKPVGTTWRV QPG−UJQVOQFGQTTGRGCVUEJGFWNGF KPVGTTWRVU UEJGFWNGFKPVGTTWRVOQFG /QFG (WPEVKQP 1PG−UJQV )GPGTCVGUCUKPINGKPVGTTWRVVJGHKTUVVKOGVJCVVJGVKOGTVKOGUQWV 5EJGFWNGFKPVGTTWRV )GPGTCVGUCPKPVGTTWRVGCEJVKOGVJCVVJGVKOGTVKOGUQWV Overseeing process Program execution I/O refreshing Overseeing process Program execution I/O refreshing OU OKP 1PGE[ENG Input signal (00003) IR 00003
  • 55. ('#674'5(70%6+105 3-5 • *KIJURGGF%QWPVGT %2/# JCXG C JKIJ−URGGF EQWPVGT HWPEVKQP VJCV ECP DG WUGF KP KPETGOGPV OQFG QT WRFQYP OQFG7UKPIVJKUHWPEVKQPVQIGVJGTYKVJVJGKPRWVKPVGTTWRVUGPCDNGUVCTIGVXCNWGEQPVTQNQTQPG EQORCTKUQPEQPVTQNKTTGNGXCPVQHVJG2.%1UE[ENGVKOG /QFG +PETGOGPVCN 7RQYP %QWPVKPRWV #−RJCUGKPRWV $−RJCUGKPRWV +PRWVPQ 4GUGVKPRWV −RJCUGKPRWV +PRWVOGVJQF UKPING−RJCUGKPRWV 2JCUG−FKHHGTGPEGZKPRWVU %QWPVHTGSWGPE[ M* M* %QWPVTCPIG VQ −VQ 6CTIGVXCNWG EQPVTQN 7RVQVCTIGVXCNWGUCPFKPVGTTWRVUWDTQWVKPGPWODGTUECP DGTGIKUVGTGF %QPVTQN OGVJQF QPGEQORCTKUQP EQPVTQN 7RVQUGVUQHWRRGTCPFNQYGTNKOKVXCNWGUCPFKPVGTTWRV UWDTQWVKPGPWODGTUECPDGTGIKUVGTGF 0QVG+PKPETGOGPVOQFGVJKUKPRWV ECPDGWUGFCUCPTGIWNCTKPRWV 00000 00001 00002 4GUGVKPRWV %QWPVKPRWV 5QNGPQKF +PXGTVGT etc. 5GPUQT 4QVCT[ 'PEQFGT
  • 56. ('#674'5(70%6+105 3-6 Y %2/#)GPGTCN • 6JG%/2#KUCEQORCEV2.%YKVJQT+1VGTOKPCNUDWKNVKP • 'ZRCPUKQP7PKVECPDGEQPPGEVGFVQVJGQT+1RQKPV%27VQCFFGZVTC+1RQKPVU /CZKOWOQH GZRCPUKQPWPKVECPDGEQPPGEVGFHQTCOCZKOWO+1EQPHKIWTCVKQPQH RQKPVU • %2/#2.%UJCXGDWKNVKP45%RQTVCPF2GTKRJGTCN2QTV • %2/#2.%UJCXGCJKIJURGGFEQWPVGTVJCVECPDGWUGFKP+PETGOGPVCNOQFG2WNUG KTGEVKQPKPRWVOQFGCPF7RQYPRWNUGKPRWVOQFGYJKEJCNNQYUCTGURQPUGHTGSWGPE[QH WRVQM*6JGJKIJURGGFEQWPVGTECPDGCNUQDGWUGFKPKHHGTGPVKCNRJCUGKPRWVOQFG YKVJCOCZKOWOTGURQPUGHTGSWGPE[QHM* • %/2#2.%UJCXGRQKPVUHQTKPVGTTWRVKPRWVUHWPEVKQP • %/2# 2.%U JCXG CPCNQI XQNWOG EQPVTQNU VJCV ECP DG WUGF VQ OCMG CPCNQI UGVVKPI OCPWCNN[HQTKPUVCPEGGZVGTPCNN[UGVEQPVTQNRGTKQFQTEQWPVGTXCNWGUGVE • %2/#2.%UJCXGRWNUGQWVRWVU • %2/# %6CPF%2/# %6JCXG5[PEJTQPKGF2WNUGEQPVTQN
  • 57. ('#674'5(70%6+105 3-7 •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→KPVGTTWRVKPRWV→+PVGTTWRVKPRWV→+PVGTTWRVKPRWV→ KPENWFKPIEQWPV WROQFG +PVGTXCNVKOGTKPVGTTWRV→*KIJURGGFEQWPVGTKPVGTTWRV +PVGTTWRVKPRWVU %QWPVWRKPVGTTWRVU +PVGTXCNVKOGT KPVGTTWRVU *KIJURGGFEQWPVGT EQWPVEJGEMKPVGTTWRVU = =
  • 58. ('#674'5(70%6+105 3-8 • +PVGTTWRV+PRWVU $[VWPKPIVJG%2/#%277PKV1UDWKNVKPKPRWVRQKPVUHTQO1((VQ10VJGPQTOCNRTQITCOECP DGUVQRRGFCPFVJGKPVGTTWRVRTQITCOGZGEWVGF6JGKPVGTTWRVKPRWVUCTGCNNQECVGFVQHQWTRQKPVU VQ +PRWV0WODGT +PVGTTWRV 0WODGT 5WDTQWVKPG 0WODGT /KPKOWOKPRWV UKIPCNYKFVJ +PVGTTWRVTGURQPUG VKOG OU OU HTQOYJGP KPRWVVWTPU10 WPVKNRTQITCO GZGEWVKQP • +PVGTXCN6KOGT+PVGTTWRVU 6JG%2/#JCUQPGKPVGTXCNVKOGT RTGEKUKQPOUVJCVECPDGUGVHTQOOUVQ OU6JGTGCTGVYQKPVGTTWRVOQFGUVJGQPGUJQVOQFGKPYJKEJCUKPINGKPVGTTWRVKUGZGEWVGF YJGPVJGVKOGKUWRCPFVJGUEJGFWNGKPVGTTWRVOQFGKPYJKEJKPVGTTWRVUCTGGZGEWVGFCVTGIWNCT KPVGTXCNU
  • 59. ('#674'5(70%6+105 3-9 1PGUJQVOQFG 5EJGFWNG+PVGTTWRVOQFG 1RGTCVKQP +PVGTTWRVKUGZGEWVGF QPEGYJGPVKOGJCU GNCRUGF +PVGTTWRVKUGZGEWVGFCV TGIWNCTKPVGTXCNU 5GVVKOG VQOU 7PKVOU +PVGTTWRV TGURQPUGVKOG OU HTQOYJGPVKOGJCUGNCRUGFWPVKNGZGEWVKQP QHKPVGTTWRVRTQITCO • *KIJ5RGGF%QWPVGTU 6JG%2/#%277PKVJCUCVQVCNQHHKXGRQKPVUHQTJKIJURGGFEQWPVGTUQPGRQKPVHQTJKIJURGGF EQWPVGT YKVJ C OCZKOWO TGURQPUG HTGSWGPE[ QH M* CPF HQWT RQKPVU HQT KPVGTTWRV KPRWVU EQWPVGTOQFG 6JG%2/#RTQXKFGUDQVJCDWKNVKPJKIJURGGFEQWPVGTCPFDWKNVKPKPVGTTWRVKPRWVU *KIJ5RGGFEQWPVGTU *KIJ5RGGFEQWPVGTU +PVGTTWRVKPRWVU EQWPVGTOQFG 0QKPVGTTWRVU %QWPVEJGEM KPVGTTWRVU 0QKPVGTTWRVU %QWPVEJGEM KPVGTTWRVU 6CTIGVXCNWG EQORCTKUQP+PVGTTWRVU 4CPIGEQORCTKUQP KPVGTTWRVU RQKPV RQKPVU
  • 60. ('#674'5(70%6+105 3-10 • +PVGTTWRV+PRWVU %QWPVGT/QFG +PVGTTWRVKPRWVU EQWPVGTOQFGCTGEQWPVGTUDCUGFQPKPRWVUVQVJG%277PKV1UDWKNVKPRQKPVU VQ6JGUGEQWPVGTUJCXGHQWTRQKPVUCPFVJG[ECPRTQXKFGGKVJGTCPKPETGOGPVKPIQT FGETGOGPVKPIEQWPVFGRGPFKPIQPVJGOQFGUGVVKPI5KPEGVJKUHWPEVKQPWVKNKGUKPVGTTWRVKPRWVUHQT EQWPVKPIKVKUPQVRQUUKDNGVQWUGVJGUCOGKPRWVUHQTQVJGTKPVGTTWRVKPRWVU +PRWV0WODGT 0QVG 4GURQPUG HTGSWGPE[ +PRWV/QFG %QWPVXCNWG %QPVTQN/GVJQF M* +PETGOGPVKPIEQWPVGT VQ(((( GETGOGPVKPIEQWPVGT VQ (((( %QWPVWRKPVGTTWRVU •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
  •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
  • 62. ('#674'5(70%6+105 3-12 • *KIJ5RGGF%QWPVGT 6JGDWKNVKPJKIJURGGFEQWPVGTKUCEQWPVGTDCUGFQPKPRWVUVQ%277PKV1UDWKNVKPRQKPVU VQ6JGJKIJURGGFEQWPVGTKVUGNHJCUQPGRQKPVCPFKVECPRTQXKFGGKVJGTCPKPETGOGPVKPI FGETGOGPVKPIQTLWUVCPKPETGOGPVKPIEQWPVFGRGPFKPIQPVJGOQFGUGVVKPI +PRWV0Q 5GG0QVG 4GURQPUG HTGSWGPE[ +PRWVOQFG EQWPVXCNWG %QPVTQN/GVJQF M* KHHGTGPVKCNRJCUGKPRWVOQFG VQ M* 2WNUG FKTGEVKQPKPRWVOQFG VQ 7RFQYPRWNUGKPRWVOQFG VQ +PETGOGPVOQFG VQ 6CTIGVXCNWGEQORCTKUQP KPVGTTWRVU 4CPIGEQORCTKUQPKPVGTTWRVU +PRWVRQKPVUPQVWUGFHQTEQWPVGTKPRWVUECPDGWUGFCUQTFKPCT[KPRWVU 'ZCORNGQHWUKPI*KIJ5RGGF%QWPVGT 6JG%2/#1U%277PKVJCUQPGDWKNVKPEJCPPGNHQTCJKIJURGGFEQWPVGTVJCVECPEQWPVKPRWVUCV C OCZKOWO QH M* 7UKPI VJG EQPLWPEVKQP YKVJ VJG KPVGTTWRV HWPEVKQP GPCDNGU VCTIGV XCNWG EQORCTKUQPEQPVTQNQTTCPIGEQORCTKUQPEQPVTQNVQDGGZGEWVGFYKVJQWVFGXKCVKPIHTQOVJGE[ENG VKOG +PRWV/QFG KHHGTGPVKCNRJCUG KPRWVOQFG 2WNUG FKTGEVKQP QWVRWVU 7RFQYPRWNUG QWVRWVU +PETGOGPVOQFG #RJCUGKPRWV %QWPVKPRWV %9KPRWV %QWPVKPRWV $RJCUGKPRWV KTGEVKQPKPRWV %%9KPRWV 5GGPQVG +PRWV PWODGT RJCUGKPRWV 4GUGVKPRWVU 5GGPQVG +PRWVOGVJQF KHHGTGPVKCNRJCUG KPRWV Z 2JCUGKPRWVU 2JCUGKPRWVU 2JCUGKPRWVU 4GURQPUGHTGSWGPE[ M* M* M* M* %QPVTQNXCNWG VQ VQ %QWPVGT28UVQTCIG FGUVKPCVKQP UGGPQVG 9QTFU54 TKIJVOQUVFKIKVCPF54 NGHVOQUVFKIKV 6CTIGVXCNWG EQORCTKUQP 7RVQVCTIGVXCNWGUCPFKPVGTTWRVUWDTQWVKPGPWODGTECPDGTGIKUVGTGFKPGKVJGT VJGKPETGOGPVKPIQTFGETGOGPVKPIFKTGEVKQP +PVGTTWRVU 4CPIG %QORCTKUQP 7RVQTCPIGU YKVJWRRGTCPFNQYGTNKOKVUCPFUWDTQWVKPGPWODGTUECPDG TGIKUVGTGF %QWPVGTTGUGVOGVJQF RJCUGUKIPCN UQHVYCTGTGUGV%QWPVGTKUTGUGVYJGP+4VWTPU10 YJKNG54KU10 5QHVYCTGTGUGVEQWPVGTKUTGUGVYJGP54VWTPU10
  • 63. ('#674'5(70%6+105 3-13 0QVG +PRWVRQKPVUPQVWUGFHQTEQWPVGTKPRWVUECPDGWUGFCUQTFKPCT[KPRWVU 9JGPPQVWUGFHQTEQWPVGT28UVQTCIGFGUVKPCVKQPVJGUGYQTFUECPDGWUGFCUQTFKPCT[+4 YQTFU •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±VQ ±VQ WV[TCVKQ VQ /QXGOGPV URGEKHKECVKQP ;GU 0Q ;GU ;GU #EEGNGEGNG URGEKHKECVKQP 0Q 0Q ;GU ;GU 5VCTV5RGGF URGEKHKECVKQP 0Q 0Q ;GU ;GU %QPVTQN OGVJQF WV[ URGEKHKECVKQP 0Q ;GU 0Q 0Q
  • 64. ('#674'5(70%6+105 3-14 9KVJUKPINGRJCUGRWNUGQWVRWVURWNUGQWVRWVUCPFECPGCEJDGQWVRWVKPFGRGPFGPVN[ 2WNUGQWVRWVUECPDGCEEGNGTCVGFQTFGEGNGTCVGFKPWPKVUQH*GXGT[OU •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±* *VQM* CEEWTCE[±* *VQM* CEEWTCE[±* 5GGPQVG 2WNUGQWVRWV1WVRWVPWODGT 5GGPQVG 2WNUGQWVRWV 1WVRWVOGVJQF 5KPINGRJCUGQWVRWV 1WVRWVHTGSWGPE[TCPIG *VQM* CEEWTCE[* (TGSWGPE[TCVKQ VQ %CPDGURGEKHKGFKPWPKVUQH 5[PEJTQPKGFEQPVTQNE[ENG OU %CPCNUQDGWUGFCUCPQTFKPCT[KPRWV 9JGPM*QTNGUUVJGPVJGCEEWTCE[KU±* 'KVJGTECPDGUGNGEVGFCUVJGQWVRWVPWODGTWUKPI5;0%
  • 65. ('#674'5(70%6+105 3-15 • #PCNQI%QPVTQNU 6JG %2/# JCU VYQ CPCNQI EQPVTQNU VJCV ECP DG WUGF HQT C YKFG TCPIG QH VKOGT CPF EQWPVGT CPCNQIUGVVKPIU#UVJGUGEQPVTQNUCTGVWTPGFXCNWGUHTQOVQ $%CTGUVQTGFKPVJG54 #TGC %QPVTQN %QTTGURQPFKPI+4YQTF 5GVVKPITCPIG $% #PCNQIXQNWOGEQPVTQN 54 #PCNQIXQNWOGEQPVTQN 54 VQ 6JGUVQTCIGCTGCKUTGHTGUJGFQPEGYKVJGXGT[%2/#E[ENG • 3WKEMTGURQPUG+PRWVU 6JG%2/#JCUHQWTKPRWVUWUGFHQTSWKEMTGURQPUGKPRWVU UJCTGFYKVJKPVGTTWRVKPRWVUCPF M*JKIJURGGFEQWPVGTKPRWVU9KVJSWKEMTGURQPUGKPRWVUUKIPCNUVJCVCTGEJCPIGFYKVJKPC UECPECPDGTGEGKXGFD[OCKPVCKPKPICPKPVGTPCNDWHHGT 5JCTGF RTQEGUUKPI %CNEWNCVKQP RTQEGUUKPI +1TGHTGUJ %CNEWNCVKQP RTQEGUUKPI 5JCTGF RTQEGUUKPI +1TGHTGUJ UECP +PRWVVGTOKPCN
  • 66. ('#674'5(70%6+105 3-16 +PRWVPWODGT 5GGPQVG /KPKOWOKPRWVUKIPCNYKFVJ µ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• /CTEQ(WPEVKQP 6JG OCETQ HWPEVKQP CNNQYU C UKPING UWDTQWVKPG RTQITCOOKPI RCVVGTP VQ DG WUGF D[ UKORN[ EJCPIKPIVJG+1YQTF#PPWODGTQHUKOKNCTRTQITCOUGEVKQPUECPDGOCPCIGFYKVJLWUVQPG UWDTQWVKPGVJGTGD[ITGCVN[TGFWEKPIVJGPWODGTQHUVGRUKPVJGRTQITCOCPFOCMKPIVJGRTQITCO GCUKGTVQWPFGTUVCPF 6QWUGCOCETQECNNCUWDTQWVKPGD[OGCPUQHVJG/#%41KPUVTWEVKQP/%4% CUUJQYP DGNQYKPUVGCFQH5$5 57$4176+0''064; /%41 5WDTQWVKPG0Q (KTUVKPRWVYQTF (KTUVQWVRWVYQTF
  • 67. 70+652'%+(+%#6+105#0%1/210'065 Y )GPGTCN5RGEKHKECVKQPUQH%2/#%27U7PKV +VGO RQKPV+1 RQKPV+1 RQKPV+1 RQKPV+1 #%V[RG VQ8#%*5WRRN[XQNVCIG %V[RG 8% #%V[RG VQ8#%1RGTCVKPIXQNVCIG TCPIG %V[RG VQ8% #%V[RG 8#OCZ 8#OCZ2QYGTEQPUWORVKQP %V[RG 9OCZ 9OCZ +PTWUJEWTTGPV #OCZ #OCZ 2QYGTUWRRN[ XQNVCIG 8%'ZVGTPCNRQYGT UWRRN[ #%V[RG QPN[ 2QYGTUWRRN[ QWVRWVECRCEKV[ O# O# +PUWNCVKQPTGUKUVCPEG /ΩOKP CV8%DGVYGGPVJGGZVGTPCN#%VGTOKPCNU CPFRTQVGEVKXGGCTVJVGTOKPCNU KGNGEVTKEUVTGPIVJ 8#%*HQTOKPDGVYGGPVJGGZVGTPCN#%CPF RTQVGEVKXGGCTVJVGTOKPCNUNGCMCIGEWTTGPVO#OCZ 0QKUGKOOWPKV[ 8R−RRWNUGYKFVJVQµUTKUGVKOGPU XKCPQKUG UKOWNCVKQP 8KDTCVKQPTGUKUVCPEG VQ*−OOCORNKVWFGVQ*CEEGNGTCVKQP OU )KP:;CPFFKTGEVKQPUHQTOKPWVGUGCEJ KGUYGRVHQTOKPWVGUVKOGU 5JQEMTGUKUVCPEG OU )VJTGGVKOGUGCEJKP:;CPFFKTGEVKQPU #ODKGPVVGORGTCVWTG 1RGTCVKPI VQ % 5VQTCIG− VQ % #ODKGPV*WOKFKV[ QRGTCVKPI VQ YKVJPQEQPFGPUCVKQP #ODKGPVGPXKTQPOGPV QRGTCVKPI 9KVJPQEQTTQUKXGICU 6GTOKPCNUETGYUKG / 2QYGTUWRRN[JQNFKPIVKOG #%V[RGOUOKP%V[RGOUOKP #RQYGTKPVGTTWRVKQPQEEWTUKHRQYGTHCNNUDGNQYQHVJG TCVGFXQNVCIGHQTNQPIGTVJCPVJGRQYGTKPVGTTWRVKQPVKOG #%V[RG IOCZ IOCZ IOCZ IOCZ%27YGKIJV %V[RG IOCZ IOCZ IOCZ IOCZ 0QVG 6JGURGEKHKECVKQPUQHVJG'ZRCPUKQP+17PKVCTGVJGUCOGCUHQTVJG%27GZEGRVVJCVVJGRQYGTKU UWRRNKGFHTQOVJG%27CPFVJGYGKIJVKUI
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  •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−QPN[ /VQ/ YQTFU %CPPQVDGQXGTYTKVVGPHTQORTQITCO 2%5GVWR /VQ/ YQTFU 7UGFVQUVQTGXCTKQWURCTCOGVGTUVJCV EQPVTQN2%QRGTCVKQP 0QVG +4CPF.4DKVUVJCVCTGPQVWUGFHQTVJGKTCNNQECVGFHWPEVKQPUECPDGWUGFCUYQTMDKVU 6JGEQPVGPVUQHVJG*4CTGC.4CTGC%QWPVGTCTGCCPFTGCFYTKVG/CTGCCTGDCEMGFWRD[C ECRCEKVQT#VQ %VJGECRCEKVQTYKNNDCEMWROGOQT[HQTFC[U 9JGPCEEGUUKPIC286%PWODGTUCTGWUGFCUYQTFFCVCYJGPCEEGUUKPI%QORNGVKPI(NCIUVJG[CTG WUGFCUDKVFCVC CVCKP/VQ/ECPPQVDGQXGTYTKVVGPHTQOVJGRTQITCODWVVJG[ECPDGEJCPIGFHTQOC 2GTKRJGTCNGXKEG
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