Documente Academic
Documente Profesional
Documente Cultură
C O N V E N T I O N A L FS 65
S A F ‐ T‐ L I N E R C2, C2 E H Y B R I D
S A F ‐ T‐ L I N E R HDX , HD, E R
S A F ‐ T‐ L I N E R E F, E FX
ALL YEARS
PAGE INTENTIONALLY LEFT BLANK
TABLE OF CONTENTS
Page i
PAGE INTENTIONALLY LEFT BLANK
Page ii
LOCATING THE LCD AND MODE BUTTON:
YOUR ICU DASH WILL DISPLAY THE MID NUMBERS FOR THE MODULES
THAT HAVE AN ACTIVE FAULT.
THE COMPLETE SAE FORMATTED FAULT CODE CAN BE RETRIEVED VIA THE
DASH. EXAMPLE: MID, PID OR SID, FMI.
ALL ICU MODEL DASHES WILL DISPLAY J1587 FORMATTED FAULT CODES;
SOME MODELS ARE CONNECTED TO J1939 AS WELL.
LOCATE THE LCD DISPLAY IN THE CENTER OF THE DASH AND THE
RESET’MODE BUTTON TO THE RIGHT.
Page 1
Retrieving J1587 Codes: (ICU3 ad ICU4 Dash Models)
diag
1 (=total # of faults)
Fault
1
128=engine
130=transmission
MID 136=ABS
140=ICU
164=BHM
PID# or SID#
parameter identifier or subsystem identifier
Page 2
SAF‐T‐LINER C2
FAULT CODES
Page 3
%+ %XONKHDG0RGXOH
3,'6,' )0,
EDFNOLJKWLQJGLPPHU VZLWFKQRWUHVSRQGLQJ
FOXWFKVZLWFK VZLWFKQRWUHVSRQGLQJ
KHDGOLJKWVZLWFK GLVDJUHHPHQWEHWZHHQSDUNDQGRQERWKFORVHG
VWDONVZLWFK KLJKEHDPLQSXWVZLWFKIDLOXUH
LJQLWLRQVZLWFK VZLWFKQRWUHVSRQGLQJ
PDUNHUVZLWFK VZLWFKQRWUHVSRQGLQJ
ZLSHUVZLWFK GLVDJUHHPHQWEHWZHHQKLJKDQGORZERWKRQ
ZLSHUVZLWFK GLVDJUHHPHQWEHWZHHQZLSHURIIDQGKLJKORZRQ
ZLSHUVZLWFK SDUNIXQFWLRQQRWUHVSRQGLQJ
,&8 KD]DUGVZLWFK&$1HUURU
VWDONVZLWFK OHIWWXUQLQSXWIDLOXUH
VWDONVZLWFK ULJKWWXUQLQSXWIDLOXUH
VWDONVZLWFK ZDVKHUVZLWFKLQSXWIDLOXUH
VWDONVZLWFK ZLSHUVZLWFKRQRIILQSXWIDLOXUH
VWDONVZLWFK ZLSHUVZLWFKORZLQSXWIDLOXUH
VWDONVZLWFK ZLSHUVZLWFKKLJKLQSXWIDLOXUH
- ZKHHOVSHHGHUURUPHVVDJH
ZDNHXS PRGXOHVDUHNHSWDZDNH
ZDNHXS PRGXOHVDUHNHSWDZDNH
VPDUWVZLWFK H[WUDVPDUWVZLWFK
VPDUWVZLWFK GXSOLFDWHVPDUWVZLWFK
VPDUWVZLWFK PLVVLQJVPDUWVZLWFK
&+0 XQH[SHFWHGDLUSUHVVXUHIHHGEDFN
&+0 QRDLUSUHVVXUHIHHGEDFN
&+0 VXVSHQVLRQSURSRUWLRQLQJYDOYHIHHGEDFN
&+0 QRIHHGEDFNIURPVXVSHQVLRQSURSRUWLRQLQJYDOYH
FLJDUOLJKWHU RXWSXWIDLOXUHWROLJKWOHU
LJQLWLRQVZLWFK PLVPDWFKEHWZHHQ,&8DQG%+0RQNH\SRVLWLRQ
KD]DUGVZLWFK PLVPDWFKEHWZHHQ,&8 %+0RQKD]DUGVZLWFKSRVLWLRQ
ZLSHUVZLWFK PLVPDWFKEHWZHHQ,&8 %+0RQZLSHUVZLWFKSRVLWLRQ
- PLVVLQJ-IURP7UDQVPLVVLRQ
- PLVVLQJ-IURPFKDVVLVKXEPRGXOH
UHPRWHVZLWFK UHPRWHVZLWFKVWXFN
372 372QRWUHVSRQGLQJ
372 372QRWUHVSRQGLQJ
%+0%$ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%$ YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%)%3%.%/%$ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%)%3%.%/%$ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%- YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%- YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%.%& FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%.%& FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%/ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%/ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%1 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%1 YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%5 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%5 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
Page 4
%+ %XONKHDG0RGXOH
3,'6,' )0,
%+0%0 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%0 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%' YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%' YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%( YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%( YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%( FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%( FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%) FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%) FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%* FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%* FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%+ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%+ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%% FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%% FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%(%) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%(%) YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%(%) FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%(%) FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%* YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%* YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%. YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%. YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%0%( YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%0%( YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%0%( FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%0%( FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%$%$ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%$%$ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%$%$ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%$%$ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%% FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%% FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%' FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%' FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%) FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%) FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%) YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%* YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%* YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%* FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%* FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
%+0%+%$ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
%+0%+%$ YROWDJHEHORZQRUPDORUVKRUWHGORZ
%+0%+%$ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
%+0%+%$ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&$&+&- FXUUHQWEHORZQRUPDORURSHQFLUFXLW
Page 5
%+ %XONKHDG0RGXOH
3,'6,' )0,
&+0&$&+&- FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&*&+&1 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&*&+&1 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&/ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&/ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&1 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&1 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&3&(&5 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&3&(&5 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&$ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&$ YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&)&&&'&/&0 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&)&&&'&/&0 YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&)&&&'&/&0 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&)&&&'&/&0 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&$ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&$ YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&$ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&$ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&&&' FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&&&' FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&( YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&( YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&- YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&- YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&. FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&. FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&/ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&/ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&) FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&) FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&- YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&- YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&. FXUUHQWEHORZQRUPDORURSHQFLUFXLW
&+0&. FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
&+0&3 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&3 YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&$ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&$ YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&% YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&% YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&* YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&* YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&+ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&+ YROWDJHEHORZQRUPDORUVKRUWHGORZ
Page 6
%+ %XONKHDG0RGXOH
3,'6,' )0,
&+0&- YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&- YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&/ YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&/ YROWDJHEHORZQRUPDORUVKRUWHGORZ
&+0&0 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
&+0&0 YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&$&+&&&1&/&*&3 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&$&+&&&1&/&*&3 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&)&(&+ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&)&(&+ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&$&&&'&.&/&5&1 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&$&&&'&.&/&5&1 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&&&(&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&&&(&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&&&'&/&0&3 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&&&'&/&0&3 YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&&&'&)&.&/&0 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&&&'&)&.&/&0 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&%&&&)&*&+&/&0 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&%&&&)&*&+&/&0 YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&$&+&&&1&/&*&3 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&$&+&&&1&/&*&3 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&)&(&+ FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&)&(&+ FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&$&&&'&.&/&5&1 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&$&&&'&.&/&5&1 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&&&(&) YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&&&(&) YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&&&'&/&0&3 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&&&'&/&0&3 YROWDJHEHORZQRUPDORUVKRUWHGORZ
(;0&&&'&)&.&/&0 FXUUHQWEHORZQRUPDORURSHQFLUFXLW
(;0&&&'&)&.&/&0 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
(;0&$&%&&&)&*&+&/&0 YROWDJHDERYHQRUPDORUVKRUWHGWRKLJK
(;0&$&%&&&)&*&+&/&0 YROWDJHEHORZQRUPDORUVKRUWHGORZ
6+0-$-( FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
6+0-* FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
6+0-0 FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
6+0-) FXUUHQWEHORZQRUPDORURSHQFLUFXLW
6+0-) FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
6+0-. FXUUHQWEHORZQRUPDORURSHQFLUFXLW
6+0-. FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
Page 7
PAGE INTENTIONALLY LEFT BLANK
Page 8
Page 9
$%6 :$%&2
3,'6,' )0,
/)ZKHHOVHQVRU DLUJDSH[FHHGLQJQRUPDOOLPLWVZKHHOEHDULQJ
/)WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
/)ZKHHOVHQVRU GFYROWDJHGHWHFWHGYROWDJHVKRUWHGWREDWWHU\
/)ZKHHOVHQVRU FLUFXLWVKRUWHGWRJURXQG
/)ZKHHOVHQVRU FLUFXLWRSHQ
/)ZKHHOVHQVRU VHQVRUZLUHVVKRUWHGWRJHWKHU
/)WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
/)VOLS VHFVOLSGHWHFWHGFKHFNDLUJDSDQGPRGXODWRUV
C /)KDUQHVV PLVPDWFKRIKDUQHVVRUVHQVRUSDUV
/)ZKHHOVHQVRU ORVVRIZKHHOVHQVRUVLJQDO
/)DEQRUPDOVSHHG FKHFNWRQHULQJDLUJDSDQGVHQVRUZLULQJ
/)IUHTXHQF\WRRKLJK LQFRUUHFWIUHTXHQF\WRHFPIURPVHQVRU
5)ZKHHOVHQVRU DLUJDSH[FHHGLQJQRUPDOOLPLWVZKHHOEHDULQJ
5)WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
5)ZKHHOVHQVRU GFYROWDJHGHWHFWHGYROWDJHVKRUWHGWREDWWHU\
5)ZKHHOVHQVRU FLUFXLWVKRUWHGWRJURXQG
5)ZKHHOVHQVRU FLUFXLWRSHQ
5)ZKHHOVHQVRU VHQVRUZLUHVVKRUWHGWRJHWKHU
5)WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
5)VOLS VHFVOLSGHWHFWHGFKHFNDLUJDSDQGPRGXODWRUV
5)KDUQHVV PLVPDWFKRIKDUQHVVRUVHQVRUSDUV
5)ZKHHOVHQVRU ORVVRIZKHHOVHQVRUVLJQDO
5)DEQRUPDOVSHHG FKHFNWRQHULQJDLUJDSDQGVHQVRUZLULQJ
5)IUHTXHQF\WRRKLJK LQFRUUHFWIUHTXHQF\WRHFPIURPVHQVRU
/5ZKHHOVHQVRU DLUJDSH[FHHGLQJQRUPDOOLPLWVZKHHOEHDULQJ
/5WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
/5ZKHHOVHQVRU GFYROWDJHGHWHFWHGYROWDJHVKRUWHGWREDWWHU\
/5ZKHHOVHQVRU FLUFXLWVKRUWHGWRJURXQG
/5ZKHHOVHQVRU FLUFXLWRSHQ
/5ZKHHOVHQVRU VHQVRUZLUHVVKRUWHGWRJHWKHU
/5WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
/5VOLS VHFVOLSGHWHFWHGFKHFNDLUJDSDQGPRGXODWRUV
/5KDUQHVV PLVPDWFKRIKDUQHVVRUVHQVRUSDUV
/5ZKHHOVHQVRU ORVVRIZKHHOVHQVRUVLJQDO
/5DEQRUPDOVSHHG FKHFNWRQHULQJDLUJDSDQGVHQVRUZLULQJ
/5IUHTXHQF\WRRKLJK LQFRUUHFWIUHTXHQF\WRHFPIURPVHQVRU
55ZKHHOVHQVRU DLUJDSH[FHHGLQJQRUPDOOLPLWVZKHHOEHDULQJ
55WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
55ZKHHOVHQVRU GFYROWDJHGHWHFWHGYROWDJHVKRUWHGWREDWWHU\
55ZKHHOVHQVRU FLUFXLWVKRUWHGWRJURXQG
55ZKHHOVHQVRU FLUFXLWRSHQ
55ZKHHOVHQVRU VHQVRUZLUHVVKRUWHGWRJHWKHU
55WRQHULQJ PLVVLQJRULQFRUUHFWQXPEHURIWHHWK
55VOLS VHFVOLSGHWHFWHGFKHFNDLUJDSDQGPRGXODWRUV
55KDUQHVV PLVPDWFKRIKDUQHVVRUVHQVRUSDUV
55ZKHHOVHQVRU ORVVRIZKHHOVHQVRUVLJQDO
55DEQRUPDOVSHHG FKHFNWRQHULQJDLUJDSDQGVHQVRUZLULQJ
55IUHTXHQF\WRRKLJK LQFRUUHFWIUHTXHQF\WRHFPIURPVHQVRU
Page 10
$%6 :$%&2
3,'6,' )0,
/)PRGXODWRUYDOYH LQOHWDQGRXWOHWVKRUWHGRUFUFXLWVKRUWHGWRDQRWKHUPRGXODWRU
/)PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVRSHQ
/)PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVVKRUWHGWRJURXQG
5)PRGXODWRUYDOYH LQOHWDQGRXWOHWVKRUWHGRUFUFXLWVKRUWHGWRDQRWKHUPRGXODWRU
5)PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVRSHQ
5)PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVVKRUWHGWRJURXQG
/5PRGXODWRUYDOYH LQOHWDQGRXWOHWVKRUWHGRUFUFXLWVKRUWHGWRDQRWKHUPRGXODWRU
/5PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVRSHQ
/5PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVVKRUWHGWRJURXQG
55PRGXODWRUYDOYH LQOHWDQGRXWOHWVKRUWHGRUFUFXLWVKRUWHGWRDQRWKHUPRGXODWRU
55PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVRSHQ
55PRGXODWRUYDOYH LQOHWRURXWOHWFLUFXLWLVVKRUWHGWRJURXQG
'%5UHWDUGHU RXWSXWLVVKRUWHGWREDWWHU\VXSSO\
'%5UHWDUGHU RXWSXWLVRSHQ
'%5UHWDUGHU RXWSXWLVVKRUWHGWRJURXQG
(&8 ORZRUORVVRIVXSSO\YROWDJHWR(&8
(&8 /RVVRIJURXQGWR(&8
(&8 (&8LQWHUQDOIDLOXUH
(&8 -GDWDLQYDOLG
(&8 -FLUFXLWRSHQ
(&8 -FLUFXLWRSHQ
(&8 LQFRUUHFWPHVVDJHIURPGULYHOLQHUHWDUGHU
(&8 LQFRUUHFWPHVVDJHIURPHQJLQHUHWDUGHU
(&8 LQFRUUHFWWRUTXHPHVVDJHIURPHQJLQH
(&8 LQFRUUHFWPHVVDJHIURPH[KDXVWUHWDUGHU
(&8 LQWHUQDO-IDLOXUH
(&8 VXSSO\YROWDJHWRHFPWRRKLJK
HFX SDUDPHWHUVDUHLQFRUUHFWLQWHUQDOHFXIDLOXUH
(&8 SDUDPHWHUVDUHLQFRUUHFWLQWHUQDOHFXIDLOXUH
(&8 ORVVRIPRGXODWRUVHQVRUKDUQHVVFRQQHFWLRQV
VHQVRUV VOLSSLQJFKHFNDLUJDSRQHD[OHIDVWHUWKDQRWKHU
(&8 LQWHUQDOHFXIDLOXUH
(&8 LQWHUQDOHFXIDLOXUH
(&8 LQWHUQDOHFXIDLOXUH
Page 11
PAGE INTENTIONALLY LEFT BLANK
Page 12
0HUFHGHV
(QJLQH
Page 13
(&80HUFHGHV
3,'6,' - )0,
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &\OLQGHU0LVILUHGHWHFWHG
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &\OLQGHU0LVILUHGHWHFWHG
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &\OLQGHU0LVILUHGHWHFWHG
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &\OLQGHU0LVILUHGHWHFWHG
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &\OLQGHU0LVILUHGHWHFWHG
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG&ORVHG
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1R]]OH&RQWURO9DOYHRU6SLOO&RQWURO9DOYH-DPPHG2SHQRU/HDNDJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU1HHGOH&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' (QJLQH6PRRWKQHVV&RQWURO&\OLQGHU9DOXH2XWRI5DQJH
6,' &UDQNVKDIW3RVLWLRQ6HQVRU6LJQDO9ROWDJH7RR/RZ
6,' 1R0DWFKRI&DPVKDIWDQG&UDQNVKDIW6LJQDOV
6,' &UDQNVKDIW3RVLWLRQ6HQVRU2SHQ&LUFXLW
6,' &UDQNVKDIW3RVLWLRQ6HQVRU6KRUWWR*URXQG
6,' &UDQNVKDIW3RVLWLRQ6HQVRU7LPH2XW
6,' &UDQNVKDIW3RVLWLRQ6HQVRU3LQV6ZDSSHG
Page 14
(&80HUFHGHV
3,'6,' - )0,
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
3,' (*59DOYH3RVLWLRQ&LUFXLW)DLOHG+LJK
6,' 7XUER&RQWURO&LUFXLW)DLOHG+LJK
3,' (*59DOYH3RVLWLRQ&LUFXLW)DLOHG/RZ
6,' 7XUER&RQWURO&LUFXLW)DLOHG/RZ
6,' 7XUER&RQWURO&LUFXLW2SHQ
3,' (*59DOYH6WXFN2SHQ
6,' :DVWH*DWH&LUFXLW)DLOHG+LJK
6,' :DVWH*DWH&LUFXLW)DLOHG/RZ
6,' :DVWH*DWH&LUFXLW)DLOHG2SHQ
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH)DLOVDIH0RGH0RWRU2Q
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH,QWHUQDO7HVW5XQQLQJ
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH)DLOVDIH0RGH0RWRU2II
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH5HVWULFWHG2SHUDELOLW\
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH1R)DLOVDIH0RGH0RWRU2II
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH7HPSHUDWXUH:DUQLQJ
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH7HPSHUDWXUH)DXOW
6,' 6PDUW5HPRWH$FWXDWRU:DVWHJDWH8QNQRZQ(UURU&RGH
6,' )DQ6WDJH&LUFXLW)DLOHG+LJK
6,' )DQ6WDJH&LUFXLW)DLOHG/RZ
6,' )DQ6WDJH&LUFXLW)DLOHG2SHQ
6,' 6WDUWHU6ZLWFK,QFRQVLVWHQW
6,' (QJLQH6WDUWHU5HOD\6KRUWHGWR+LJK6RXUFH
6,' (QJLQH6WDUWHU5HOD\2SHQ/RDG)DLOXUH
6,' (QJLQH6WDUWHU5HOD\2SHQ&LUFXLW
6,' (QJLQH6WDUWHU5HOD\6WDUWHU'RHV1RW(QJDJH
6,' (QJLQH6WDUWHU5HOD\-DPPHG
6,' 6WDUWHU(OHFWURQLF)DXOW(&8LQWHUQDO0DLQ
6,' 6WDUWHU-DPPHG7RRWKWR7RRWK-DP
6,' 6WDUWHU(OHFWURQLF)DXOW(&8LQWHUQDO5HV
6,' &RQVWDQW7KURWWOH9DOYH&LUFXLW)DLOHG+LJK
6,' &RQVWDQW7KURWWOH9DOYH&LUFXLW)DLOHG/RZ
6,' &RQVWDQW7KURWWOH9DOYH&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
3,' ,JQLWLRQ6ZLWFK1RW3ODXVLEOH
3,' *ULG+HDWHU3HUPDQHQWO\2Q
3,' *ULG+HDWHU&LUFXLW)DLOHG+LJK
3,' *ULG+HDWHU&LUFXLW)DLOHG/RZ
3,' *ULG+HDWHU'HIHFW
3,' *ULG+HDWHU6SHFLDO,QVWUXFWLRQV
3,' ,QWDNH$LU7KURWWOH3RVLWLRQ/RZ
3,' ,QWDNH$LU7KURWWOH3RVLWLRQ+LJK
3,' ,QWDNH7KURWWOH3RVLWLRQ'HYLDWLRQ(UURU
3,' ,QWDNH7KURWWOH9DOYH6SULQJ5HVSRQVH7LPH1RW3ODXVLEOH
6,' ,QWDNH$LU7KURWWOH&LUFXLW)DLOHG+LJK
6,' :DWHU3XPS&LUFXLW)DLOHG+LJK
6,' ,QWDNH$LU7KURWWOH&LUFXLW)DLOHG/RZ
6,' :DWHU3XPS&LUFXLW)DLOHG/RZ
6,' :DWHU3XPS&LUFXLW)DLOHG2SHQ
3,' ,QWDNH7KURWWOH$XWR&DOLEUDWLRQ(UURU
Page 15
(&80HUFHGHV
3,'6,' - )0,
3,' ,QWDNH7KURWWOH9DOYH6WXFN
3,' ,QWDNH7KURWWOH9DOYH&XUUHQW'HYLDWLRQ7RR+LJK
3,' ,QWDNH7KURWWOH9DOYH,QWHJUDWHG$EVROXWH(UURU3ODXVLELOLW\
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' (OHFWURVWDWLF2LO6HSDUDWRU&LUFXLW)DLOHG+LJK
6,' (OHFWURVWDWLF2LO6HSDUDWRU&LUFXLW)DLOHG/RZ
6,' (OHFWURVWDWLF2LO6HSDUDWRU&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 7XUER&RPSRXQG9DOYH&LUFXLW)DLOHG+LJK
6,' 7XUER&RPSRXQG9DOYH&LUFXLW)DLOHG/RZ
6,' 7XUER&RPSRXQG9DOYH&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK&(/$://DPS
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ&(/$://DPS
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' $FWXDWRU7XUER&RPSRXQG%\SDVV&LUFXLW)DLOHG+LJK
6,' $FWXDWRU7XUER&RPSRXQG%\SDVV&LUFXLW)DLOHG/RZ
6,' $FWXDWRU7XUER&RPSRXQG%\SDVV&LUFXLW)DLOHG2SHQ
6,' ,QWDNH7KURWWOH9DOYH&LUFXLW)DLOHG+LJK
6,' ,QWDNH7KURWWOH9DOYH&LUFXLW)DLOHG/RZ
6,' ,QWDNH7KURWWOH9DOYH&LUFXLW)DLOHG2SHQ
6,' ,QWDNH$LU7KURWWOH&RQWURO(OHFWULFDO)DXOW
6,' )DQ6WDJH&LUFXLW)DLOHG+LJK
6,' )DQ6WDJH&LUFXLW)DLOHG/RZ
6,' )DQ6WDJH&LUFXLW)DLOHG2SHQ
6,' &DPVKDIW3RVLWLRQ6HQVRU6LJQDO9ROWDJH7RR/RZ
6,' &DPVKDIW3RVLWLRQ6HQVRU2SHQ&LUFXLW
6,' &DPVKDIW3RVLWLRQ6HQVRU6KRUWWR*URXQG
6,' &DPVKDIW3RVLWLRQ6HQVRU7LPH2XW
6,' &DPVKDIW3RVLWLRQ6HQVRU3LQV6ZDSSHG
6,' *ULGKHDWHU&LUFXLW)DLOHG+LJK
6,' *ULGKHDWHU&LUFXLW)DLOHG/RZ
6,' *ULGKHDWHU&LUFXLW)DLOHG2SHQ
3,' 3DUN%UDNH6WDWXV1RW3ODXVLEOH9HKLFOH0RYLQJ
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG+LJK
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG/RZ
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG2SHQ
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG+LJK
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG/RZ
6,' -DNH%UDNH6WDJH&LUFXLW)DLOHG2SHQ
6,' ([KDXVW%UDNH&LUFXLW)DLOHG+LJK
6,' ([KDXVW%UDNH&LUFXLW)DLOHG/RZ
6,' ([KDXVW%UDNH&LUFXLW)DLOHG2SHQ
3,' 9HKLFOH6SHHG$ERYH3URJUDPPDEOH7KUHVKROG:KLOH'ULYLQJ
3,' 966$QWL7DPSHU'HWHFWLRQYLD9LUWXDO*HDU5DWLR
3,' 9HKLFOH6SHHG6HQVRU&LUFXLW)DLOHG+LJK
3,' 9HKLFOH6SHHG6HQVRU&LUFXLW)DLOHG/RZ
3,' 966$QWL7DPSHU'HWHFWLRQYLD$%69HKLFOH6SHHG&RPSDULVRQ
3,' 966$QWL7DPSHU'HWHFWLRQYLD)L[HG)UHTXHQF\'HYLFH
3,' 9HKLFOH6SHHG$ERYH3URJUDPPDEOH7KUHVKROG:KLOH'ULYLQJ
Page 16
(&80HUFHGHV
3,'6,' - )0,
3,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVPLVVLQJ
3,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVPLVVLQJ
3,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVPLVVLQJ
3,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVHUUDWLF
6,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVHUUDWLF
3,' -:KHHO%DVHG9HKLFOH6SHHG6LJQDOIURP6RXUFHLVHUUDWLF
3,' 9HKLFOH6SHHG6HQVRU'ULIWHG+LJK(UURU966VLJQDOQRWSODXVLEOH
3,' 9HKLFOH6SHHG)DLOXUH
3,' $FFHOHUDWRU3HGDO&LUFXLW)DLOHG+LJK
3,' $FFHOHUDWRU3HGDO6LJQDO&LUFXLW)DLOHG+LJK
3,' $FFHOHUDWRU3HGDO&LUFXLW)DLOHG/RZ
3,' 3ZP$FFHOHUDWRU3HGDO,GOH1RW5HFRJQL]HG
3,' 3ZP$FFHOHUDWRU3HGDO6LJQDO)UHTXHQF\2XW2I5DQJH
3,' $FFHOHUDWRU3HGDO/HDUQ(UURU
3,' 3ZP$FFHOHUDWRU3HGDO1RW/HDUQHG
3,' 3ZP$FFHOHUDWRU3HGDO/HDUQHG5DQJHWR/DUJH
3,' 3ZP$FFHOHUDWRU3HGDO6LJQDO)UHTXHQF\2XW2I5DQJH
3,' 3ZP$FFHOHUDWRU3HGDO*$6DQG*$66LJQDO0LVVLQJ
3,' )XHO&RPSHQVDWLRQ3UHVVXUH6HQVRU&LUFXLW)DLOHG+LJK
3,' )XHO&RPSHQVDWLRQ3UHVVXUH6HQVRU&LUFXLW)DLOHG/RZ
3,' )XHO&XW2II9DOYH3UHVVXUH1RW3ODXVLEOH
3,' :DWHULQ)XHO&LUFXLW)DLOHG+LJK
3,' :DWHULQ)XHO&LUFXLW)DLOHG/RZ
3,' 2LO/HYHO&LUFXLW)DLOHG+LJK
3,' 2LO/HYHO&LUFXLW)DLOHG/RZ
3,' 2LO/HYHO0HVDXUHPHQW&RQILJXUDWLRQ(UURU
3,' 2LO/HYHO0HVDXUHPHQW2LO/HYHO7RR/RZRU7RR+LJK
3,' 2LO/HYHO+LJK
3,' 2LO/HYHO9HU\/RZ
3,' 2LO/HYHO/RZ
3,' (QJLQH2LO3UHVVXUH/RZ
3,' 2LO3UHVVXUH3ODXVLELOLW\(QJLQH5XQQLQJ
3,' (QJLQH2LO3UHVVXUH&LUFXLW)DLOHG+LJK
3,' (QJLQH2LO3UHVVXUH&LUFXLW)DLOHG/RZ
3,' 2LO3UHVVXUH3ODXVLELOLW\6WRS
3,' 2LO3UHVVXUH9HU\/RZ
3,' 2LO3UHVVXUH/RZ
3,' 7XUER&KDUJHU6SHHG$ERYH7KUHVKROG/RZ%R[
3,' 7XUER&KDUJHU6SHHG%HORZ7KUHVKROG+LJK%R[
3,' 7XUERFKDUJHU6SHHG1RW3ODXVLEOH
3,' 7XUER&KDUJHU6SHHG6HQVRU&LUFXLW)DLOHG+LJK
3,' 7XUER&KDUJHU6SHHG6HQVRU&LUFXLW)DLOHG/RZ
3,' ,QWDNH0DQLIROG7HPSHUDWXUH3ODXVLELOLW\(UURU
3,' ,QWDNH0DQLIROG7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' ,QWDNH0DQLIROG7HPSHUDWXUH&LUFXLW)DLOHG/RZ
3,' 'LIIHUHQFH,QWDNH0DQLIROG7HPSHUDWXUHDQG(*57HPS/HVV7KDQ7KUHVKROG/RZ%R[
3,' 'LIIHUHQFH,QWDNH0DQLIROGDQG,&RROHU7HPSHUDWXUH2XW/HVV7KDQ7KUHVKROG/RZ%R[
3,' ,QWDNH0DQLIROG7HPSHUDWXUH'ULIW/RZ%R[
3,' ,QWDNH0DQLIROG7HPSHUDWXUH'ULIW+LJK%R[
3,' 'LIIHUHQFH,QWDNH0DQLIROGDQG,&RROHU7HPSHUDWXUH2XW/HVV7KDQ7KUHVKROG+LJK%R[
3,' ,QOHW0DQLIROG3UHVVXUH)DLOHG+LJK
3,' ,QOHW0DQLIROG3UHVVXUH)DLOHG/RZ
3,' ,QWDNH0DQLIROG3UHVVXUH&LUFXLW)DLOHG+LJK
3,' ,QOHW0DQLIROG3UHVVXUH6DPSOLQJ5DQJH)DLOHG
3,' ,QWDNH0DQLIROG3UHVVXUH&LUFXLW)DLOHG/RZ
3,' $PELHQWDQG,QOHW0DQLIROG3UHVVXUH'LIIHUHQFH/RZ%R[
Page 17
(&80HUFHGHV
3,'6,' - )0,
3,' ,QWDNH0DQLIROG3UHVVXUH3ODXVLELOLW\/RZ%R[
3,' $PELHQWDQG,QOHW0DQLIROG3UHVVXUH'LIIHUHQFH+LJK%R[
3,' ,QWDNH0DQLIROG3UHVVXUH3ODXVLELOLW\(UURU3UHVVXUH7RR/RZ+LJK%R[
3,' $LU)LOWHU5HVWULFWLRQ+LJK
3,' -3523PHVVDJHLVPLVVLQJ
3,' $PELHQW3UHVVXUH3ODXVLELOLW\)DXOW+LJK%R[
3,' %DURPHWULF3UHVVXUH&LUFXLW)DLOHG+LJK
3,' %DURPHWULF3UHVVXUH&LUFXLW)DLOHG/RZ
3,' $PELHQW3UHVVXUH3ODXVLELOLW\)DXOW+LJK%R[
3,' &RRODQW7HPSHUDWXUH+LJK
3,' (QJLQH&RRODQW6HQVRU287*HQHUDO7HPS3ODXVLELOLW\(UURU
3,' (QJLQH&RRODQW2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' (QJLQH&RRODQW,QOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' (QJLQH&RRODQW2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
3,' (QJLQH&RRODQW,QOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
3,' &RRODQW7HPSHUDWXUH(QJLQH2LO7HPSHUDWXUH3ODXVLELOLW\)DXOW
3,' &RRODQW7HPSHUDWXUH9HU\+LJK
3,' &RRODQW7HPSHUDWXUH+LJK
3,' &RRODQW/HYHO9HU\/RZ
3,' &RRODQW/HYHO&LUFXLW)DLOHG+LJK
3,' &RRODQW/HYHO&LUFXLW)DLOHG/RZ
3,' &RRODQW/HYHO/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 2SWLPL]HG,GOH6DIHW\/RRS)DXOWHG
3,' $LU0DVV)ORZ7RR/RZ
3,' ,QWDNH$LU7KURWWOH9DOYH&ORVXUH'HWHFWLRQ3RVLWLYH7RUTXH
3,' ,QWDNH$LU7KURWWOH9DOYH&ORVXUH'HWHFWLRQ%UDNLQJ&RQGLWLRQ
6,' (*59DOYH3RVLWLRQ)HHGEDFN)DLOHG+LJK%R[
6,' (*59DOYH3RVLWLRQ)HHGEDFN)DLOHG/RZ%R[
6,' (*59DOYH3RVLWLRQ)HHGEDFN)DLOHG
3,' (*59DOYH&LUFXLW)DLOHG+LJK
3,' (*59DOYH&LUFXLW)DLOHG/RZ
3,' (*59DOYH&LUFXLW)DLOHG2SHQ
6,' (*59DOYH3RVLWLRQ,QFRUUHFW
6,' 6PDUW5HPRWH$FWXDWRU(*5)DLOVDIH0RGH0RWRU2Q
6,' 6PDUW5HPRWH$FWXDWRU(*5,QWHUQDO7HVW5XQQLQJ
6,' 6PDUW5HPRWH$FWXDWRU(*5)DLOVDIH0RGH0RWRU2II
6,' 6PDUW5HPRWH$FWXDWRU(*55HVWULFWHG2SHUDELOLW\
6,' (*59DOYH3RVLWLRQ3RVLWLYH7RUTXH(UURU
6,' 6PDUW5HPRWH$FWXDWRU(*51R)DLOVDIH0RGH0RWRU2II
6,' 6PDUW5HPRWH$FWXDWRU(*57HPSHUDWXUH:DUQLQJ
6,' 6PDUW5HPRWH$FWXDWRU(*57HPSHUDWXUH)DXOW
6,' 6PDUW5HPRWH$FWXDWRU(*58QNQRZQ(UURU&RGH
6,' 7XUER$FWXDWRU)DLOVDIH0RGH0RWRU2Q
6,' 7XUER$FWXDWRU,QWHUQDO7HVW5XQQLQJ
6,' 7XUER$FWXDWRU)DLOVDIH0RGH0RWRU2II
6,' 7XUER$FWXDWRU5HVWULFWHG2SHUDELOLW\
6,' 7XUER$FWXDWRU1R)DLOVDIH0RGH0RWRU2II
6,' 7XUER$FWXDWRU7HPSHUDWXUH:DUQLQJ
6,' 7XUER$FWXDWRU7HPSHUDWXUH)DXOW
6,' 7XUER$FWXDWRU8QNQRZQ(UURU&RGH
6,' (QJLQH$LU)ORZ2XWRI5DQJH/RZ
6,' 6RRW/HYHO9HU\+LJK
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW'LIIHUHQWLDO3UHVVXUH7RR+LJK/RZ%R[
6,' ('9)DLOHG6HOI7HVW
Page 18
(&80HUFHGHV
3,'6,' - )0,
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW'LIIHUHQWLDO3UHVVXUH7RR/RZ+LJK%R[
6,' (QJLQH&RRODQW6HQVRU,1*HQHUDO7HPS3ODXVLELOLW\(UURU
6,' 6HUYLFH3XVK%XWWRQ&LUFXLW)DLOHG+LJK
6,' &RPSUHVVRU'LIIHUHQWLDO3UHVVXUH2XWOHW)DLOHG+LJK
6,' )ODS,Q)URQWRI(*5&RROHU&LUFXLW)DLOHG+LJK
6,' :DWHU3XPS&LUFXLW)DLOHG+LJK
6,' 6ZLWFKDEOH$LU&RPSUHVVRU&LUFXLW)DLOHG+LJK
6,' (*53UHVVXUH)DLOHG+LJK
6,' 3URSRUWLRQDO9DOYH%DQN&LUFXLW)DLOHG+LJK
6,' 3URSRUWLRQDO9DOYH%DQN&LUFXLW)DLOHG+LJK
6,' &RPSUHVVRU'LIIHUHQWLDO3UHVVXUH,QOHW)DLOHG+LJK
6,' 2LO6HSDUDWRU&LUFXLW)DLOHG+LJK
6,' &RPSUHVVRU'LIIHUHQWLDO3UHVVXUH2XWOHW)DLOHG/RZ
6,' )ODS,Q)URQWRI(*5&RROHU&LUFXLW)DLOHG/RZ
6,' :DWHU3XPS&LUFXLW)DLOHG/RZ
6,' 6ZLWFKDEOH$LU&RPSUHVVRU&LUFXLW)DLOHG/RZ
6,' (*53UHVVXUH)DLOHG/RZ
6,' 3URSRUWLRQDO9DOYH%DQN&LUFXLW)DLOHG/RZ
6,' &RPSUHVVRU'LIIHUHQWLDO3UHVVXUH,QOHW)DLOHG/RZ
6,' 2LO6HSDUDWRU&LUFXLW)DLOHG/RZ
6,' )ODS,Q)URQWRI(*5&RROHU&LUFXLW)DLOHG2SHQ
6,' 6ZLWFKDEOH$LU&RPSUHVVRU&LUFXLW)DLOHG2SHQ
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW'LIIHUHQWLDO3UHVVXUH6DPSOLQJ5DQJH)DLOXUH
6,' 5DLO3UHVVXUH*RYHUQRU(UURU&XUUHQW7RR+LJK
6,' &XUUHQW)ORZRQ+6,07RR+LJK
6,' 6PDUW5HPRWH$FWXDWRU)DLOVDIH0RGH0RWRU2Q
6,' )&9)DLOHG6HOI7HVW
6,' 2LO6HSDUDWRU0D['XUDWLRQ7LPH5HDFKHG
6,' 6PDUW5HPRWH$FWXDWRU,QWHUQDO7HVW5XQQLQJ
6,' 6PDUW5HPRWH$FWXDWRU)DLOVDIH0RGH0RWRU2II
6,' 6PDUW5HPRWH$FWXDWRU5HVWULFWHG2SHUDELOLW\
6,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW'LIIHUHQWLDO3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
6,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW'LIIHUHQWLDO3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW'LIIHUHQWLDO3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW'LIIHUHQWLDO3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
6,' )XHO3UHVVXUH7RR+LJK7RR/RZ
6,' 6PDUW5HPRWH$FWXDWRU1R)DLOVDIH0RGH0RWRU2II
6,' 5DLO3UHVVXUH*RYHUQRU9DOYH6WD\V2SHQ
6,' 5DLO3UHVVXUH*RYHUQRU/HDNDJHLQ+LJK3UHVVXUH7RR+LJK
6,' 5DLO3UHVVXUH*RYHUQRU6HQVRU6LJQDO'ULIW
6,' 5DLO3UHVVXUH*RYHUQRU6HQVRU6HQVRU6XSSO\/LQH%URNHQ
6,' +LJK3UHVVXUH3XPS/HDNDJHRU7'&3RVLWLRQ:URQJ
6,' 6PDUW5HPRWH$FWXDWRU7HPSHUDWXUH:DUQLQJ
6,' '3)=RQH&RQGLWLRQ
6,' '3)$VK&OHDQ5HTXHVW
6,' 6PDUW5HPRWH$FWXDWRU7HPSHUDWXUH)DXOW
6,' 6RRW/HYHO+LJK
6,' '3)$VK'HUDWH5HTXHVW
6,' 6PDUW5HPRWH$FWXDWRU8QNQRZQ(UURU&RGH
6,' &\OLQGHU0LVILUH'HWHFWHG
6,' &\OLQGHU0LVILUH'HWHFWHG
6,' &\OLQGHU0LVILUH'HWHFWHG
6,' '3)=RQH&RQGLWLRQ
6,' PV(&8267DVN/RFNHGLQDQ(QGOHVV/RRS
6,' PV(&8267DVN7LPHGRXW3ULRUWR&RPSOHWLRQ
6,' PV(&8267DVN/RFNHGLQDQ(QGOHVV/RRS
Page 19
(&80HUFHGHV
3,'6,' - )0,
6,' PV(&8267DVN7LPHGRXW3ULRUWR&RPSOHWLRQ
6,' 0&0)DXOW&RGHV8QDYDLODEOHYLD-DQG-
6,' 0&0)DXOW&RGH7DEOH,QFRQVLVWDQW8SJUDGH0&06RIWZDUH
6,' ,QVXIILFLHQW6WDWLF)DXOW&RGH6WRUUDJH0HPRU\8SJUDGH&3&6RIWZDUH
6,' 0&0)DXOW&RGH7DEOH,QFRQVLVWDQW8SJUDGH0&06RIWZDUH
6,' $GDSWLYH&UXLVH&RQWURO0HVVDJH1RW5HFHLYHG
6,' '3)5HJHQ,QKLELW08;6ZLWFK0HVVDJH6WRSSHG$UULYLQJ
6,' '3)5HJHQ,QKLELW08;6ZLWFK0HVVDJH&RQWDLQV619,QGLFDWRU
6,' '3)5HJHQ,QKLELW08;6ZLWFK0HVVDJH1RW5HFHLYHGWKLV,JQ&\FOH
6,' '3)5HJHQ,QKLELW08;6ZLWFK0HVVDJH&RQWDLQV'DWD(UURU,QGLFDWRU
6,' '3)5HJHQ)RUFH08;6ZLWFK0HVVDJH6WRSSHG$UULYLQJ
6,' '3)5HJHQ)RUFH08;6ZLWFK0HVVDJH&RQWDLQV619,QGLFDWRU
6,' '3)5HJHQ)RUFH08;6ZLWFK0HVVDJH1RW5HFHLYHGWKLV,JQ&\FOH
6,' '3)5HJHQ)RUFH08;6ZLWFK0HVVDJH&RQWDLQV'DWD(UURU,QGLFDWRU
6,' (WKHU6WDUW6KRUWHGWR*URXQG
6,' :DWHU3XPS&LUFXLW)DLOHG2SHQ
6,' 0LVILUH'HWHFWHG
6,' (WKHU6WDUW6KRUWHGWR%DWWHU\
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG/RZ
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG+LJK
6,' (WKHU6WDUW2SHQ/RDG
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG2SHQ
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG/RZ
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG+LJK
6,' 5&37HVW)XQFWLRQ&LUFXLW)DLOHG2SHQ
6,' 9ROXWH&RQWURO9DOYH6KRUWHGWR*URXQG
3,' -7UDQVPLVVLRQ&XUUHQW*HDU6LJQDOLVPLVVLQJ
3,' -7UDQVPLVVLRQ&XUUHQW*HDU6LJQDOLVHUUDWLF
3,' 5DLO3UHVVXUH*RYHUQRU6HQVRU&LUFXLW)DLOHG+LJK
3,' 5DLO3UHVVXUH*RYHUQRU+LJK6LGH(UURU
6,' 9ROXWH&RQWURO9DOYH6KRUWHGWR%DWWHU\
3,' 5DLO3UHVVXUH*RYHUQRU6HQVRU&LUFXLW)DLOHG/RZ
3,' 5DLO3UHVVXUH*RYHUQRU/RZ6LGH(UURU
3,' 5DLO3UHVVXUH*RYHUQRU(UURU&XUUHQW*RYHUQRU&XUUHQW7RR/RZ
3,' 5DLO3UHVVXUH*RYHUQRU(UURU3UHVVXUH*RYHUQRU3UHVVXUH1RW3ODXVLEOH
3,' 5DLO3UHVVXUH*RYHUQRU(UURU2SHQ/RRS(UURU
6,' 9ROXWH&RQWURO9DOYH2SHQ/RDG
6,' 9ROXWH6KXW2II9DOYH6KRUWHGWR*URXQG
6,' 9ROXWH6KXW2II9DOYH6KRUWHGWR%DWWHU\
3,' %DWWHU\9ROWDJH+LJK
3,' %DWWHU\9ROWDJH/RZ
6,' 9ROXWH6KXW2II9DOYH2SHQ/RDG
3,' %DWWHU\9ROWDJH9HU\/RZ
3,' %DWWHU\9ROWDJH+LJK
3,' 2SW,GOH'HWHFWHG&KDUJLQJ6\VWHPRU%DWWHU\)DLOXUH
3,' (&8SRZHUGRZQQRWFRPSOHWHG0DLQ%DWWHU\7HUPLQDO3RVVLEO\)ORDWLQJ
3,' %DWWHU\9ROWDJH/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG+LJK
3,' $PELHQW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' $PELHQW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG2SHQ
3,' $PELHQW7HPSHUDWXUH6HQVRU'DWD(UUDWLF
3,' -$PELHQW$LU7HPS6HQVRU'DWD0HVVDJH6WRSSHG$UULYLQJ
3,' -$PELHQW$LU7HPS6HQVRU'DWD1RW5HFHLYHG7KLV,JQ&\FOH
6,' )XQFWLRQ&LUFXLW)DLOHG/RZ
Page 20
(&80HUFHGHV
3,'6,' - )0,
6,' )XQFWLRQ&LUFXLW)DLOHG+LJK
3,' )XHO7HPSHUDWXUH7RR+LJK
3,' )XHO7HPSHUDWXUH6HQVRU*HQHUDO7HPS3ODXVLELOLW\
3,' )XHO7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' )XHO7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG2SHQ
3,' (QJLQH2LO7HPSHUDWXUH6HQVRU*HQHUDO7HPS3ODXVLELOLW\
3,' (QJLQH2LO7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' (QJLQH2LO7HPSHUDWXUH&LUFXLW)DLOHG/RZ
3,' (QJLQH2LO7HPSHUDWXUH6HQVRU3ODXVLELOLW\)DXOW
3,' ,GOH9ROXPH6HQVRU6KRUWHGWR%DWWHU\
3,' ,GOH9ROXPH6HQVRU6KRUWHGWR*URXQG
3,' (QJLQH6SHHG+LJK
6,' 7KURWWOHLQKLELWVZLWFKVLJQDOQRWSODXVLEOHGXHWRH[FHVVYHKLFOHVSHHG
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG+LJK
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG+LJK
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG/RZ
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG/RZ
6,' $FFHOHUDWRU3HGDO6XSSO\9ROWDJH&LUFXLW)DLOHG+LJK
6,' $FFHOHUDWRU3HGDO6XSSO\9ROWDJH&LUFXLW)DLOHG+LJK
6,' $FFHOHUDWRU3HGDO6XSSO\9ROWDJH&LUFXLW)DLOHG/RZ
6,' 3ZP$FFHOHUDWRU3HGDO6XSSO\9ROWDJH0LVVLQJ
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG+LJK
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 0XOWLSOH[HU&KDQQHO6KRUWHG+LJK
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG+LJK
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG/RZ
6,' 96HQVRU6XSSO\%DQN&LUFXLW)DLOHG/RZ
6,' ,GOH9DOLGDWLRQ6ZLWFK,QSXWV5HYHUVHG
6,' ,GOH9DOLGDWLRQ6ZLWFK&LUFXLW)DLOHG+LJK
6,' ,GOH9DOLGDWLRQ6ZLWFK&LUFXLW)DLOHG/RZ
6,' ,GOH9DOLGDWLRQ6ZLWFK&LUFXLW)DLOHG/RZ
6,' ,GOH9DOLGDWLRQ6ZLWFK&LUFXLW)DLOHG+LJK
6,' -5HWDUGHU)OXLG0HVVDJHLVPLVVLQJ
6,' -((&0HVVDJHLVPLVVLQJ
6,' -(7&0HVVDJHLVPLVVLQJ
6,' -7UDQVPLVVLRQ2XWSXW6KDIW6SHHG6LJQDOLVPLVVLQJ
6,' -7UDQVPLVVLRQ2XWSXW6KDIW6SHHG6LJQDOLVHUUDWLF
6,' -(7&0HVVDJHLVPLVVLQJ
6,' -&&960HVVDJHIURP6RXUFHLVPLVVLQJ
6,' -&&960HVVDJHIURP6RXUFHLVPLVVLQJ
6,' -&&960HVVDJHIURP6RXUFHLVPLVVLQJ
6,' -'DWD/LQN)DLOXUH
6,' -(%&0HVVDJHIURP$%6LVPLVVLQJ
6,' -)URQW$[OH6SHHG6LJQDOLVPLVVLQJ
6,' -)URQW$[OH6SHHG6LJQDOLVHUUDWLF
6,' -(%&0HVVDJHLVPLVVLQJ
6,' -(QJLQH5HWDUGHU6HOHFWLRQ6LJQDO0LVVLQJ
6,' -(QJLQH5HWDUGHU6HOHFWLRQ6LJQDO(UUDWLF
6,' -3720HVVDJH1RW5HFHLYHG7KLV,JQLWLRQ&\FOH
6,' -&00HVVDJHLVPLVVLQJ
6,' $GDSWLYH&UXLVH&RQWURO'HYLFH5HSRUWLQJ(UURU
Page 21
(&80HUFHGHV
3,'6,' - )0,
6,' -7&20HVVDJHLVPLVVLQJ
6,' -7DFKRJUDSK9HKLFOH6SHHG6LJQDOLVPLVVLQJ
6,' -7DFKRJUDSK9HKLFOH6SHHG6LJQDOLVHUUDWLF
6,' -(5&0HVVDJHLVPLVVLQJ
6,' -7&)*0HVVDJHLVPLVVLQJ
6,' -(7&0HVVDJHLVPLVVLQJ
6,' -(660HVVDJHLVPLVVLQJ
6,' &3&+DUGZDUH)DLOXUH
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -3DUN%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO$FFHOHUDWH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' &UXLVH&RQWURO6(7DQG5(680(&LUFXLWV)DLOHG/RZ
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO&RDVW6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -&UXLVH&RQWURO(QDEOH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' 6HUYLFH%UDNH6WDWXV1RW3ODXVLEOH
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVPLVVLQJ
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
6,' -6HUYLFH%UDNH6ZLWFK6LJQDOIURP6RXUFHLVHUUDWLF
3,' 0&0(QJLQH+RXUV'DWDKLJKHUWKDQH[SHFWHG
3,' 0&0(QJLQH+RXUV'DWDORZHUWKDQH[SHFWHG
3,' 0&0(QJLQH+RXUV'DWDQRWUHFHLYHGRUVWRSSHGDUULYLQJ
3,' 0&0(QJLQH+RXUV'DWDLQFUHDVLQJDWDQLPSODXVLEOHUDWH
3,' 0&05HSRUWHG$VK0LOHDJHLV/RZHUWKHQWKH&3&6WRUHG9DOXH
6,' ,QYDOLG'DWDRQ(QJLQH&$1/LQN
6,' 1R'DWD5HFHLYHGIURP(QJLQH&$1/LQN
6,' (QJLQH&$1/RZ:LUH'HIHFWZLUH
6,' (QJLQH&$1+LJK:LUH'HIHFWZLUH
6,' (&$1,'B'LDJQRVWLF0HVVDJH5HSRUWLQJ'DWD1RW$YDLODEOH
6,' (&$1/LQN&LUFXLW)DLOXUH
6,' (&$1,'B'LDJQRVWLF0HVVDJH1R/RQJHU%HLQJ5HFHLYHG
6,' ,QFRUUHFW0&06\VWHP,'5HFHLYHG
6,' 0&06\VWHP,'1RW5HFHLYHGRU6WRSSHG$UULYLQJ
6,' (&$1,'B5HSRUWLQJ,QFRQVLVWHQW1XPEHURI)UDPHV
6,' (&$1,'B'LDJQRVWLF0HVVDJH1RW5HFHLYHG7KLV,JQLWLRQ&\FOH
Page 22
(&80HUFHGHV
3,'6,' - )0,
6,' (&$1,'B'LDJQRVWLF0HVVDJH5HSRUWLQJDQ8QNQRZQ08,'
6,' -'DWD/LQN)DLOXUH
6,' 3URSRUWLRQDO9DOYH%DQN&LUFXLW)DLOHG/RZ
6,' ((35205HDG:ULWH2SHUDWLRQ)DLOHG
6,' &DOLEUDWLRQ'DWD1RW3ODXVLEOH
6,' &DOLEUDWLRQ'DWD1RW3ODXVLEOH&3/'
6,' ((3520&KHFNVXP)DLOXUH
6,' ((3520&KHFNVXP)DLOXUHIRUWKH6&5%ORFN
6,' 6&51XPEHU2XWRI5DQJH
6,' ;)/$6+6WDWLF)DXOW&RGH0HPRU\3DJH5HDG:ULWH)DLOXUH
6,' &3&+DUGZDUH6RIWZDUH0LVPDWFK
6,' ''(&'DWD;IODVK:ULWH(UURU5HSODFH&3&
6,' 0,//DPS&LUFXLW)DLOHG+LJK
6,' 0,//DPS&LUFXLW)DLOHG/RZ
6,' 0,//DPS&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 7XUER%UDNH6OHHYH&LUFXLW)DLOHG+LJK
6,' 7XUER%UDNH6OHHYH&LUFXLW)DLOHG/RZ
6,' 7XUER%UDNH6OHHYH&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG+LJK
6,' )XQFWLRQ&LUFXLW)DLOHG/RZ
6,' )XQFWLRQ&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW2SHQ&LUFXLW
6,' 7236KLIW)DLOXUH
6,' (*5:DWHU&RROLQJ5HJXODWRU&LUFXLW)DLOHG+LJK
6,' (*5:DWHU&RROLQJ5HJXODWRU&LUFXLW)DLOHG/RZ
6,' (*5:DWHU&RROLQJ5HJXODWRU&LUFXLW)DLOHG2SHQ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW2SHQ&LUFXLW
6,' +LJK6LGH'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' +LJK6LGH'LJLWDO2XWSXW&LUFXLW)DLOHG2SHQ
6,' +LJK6LGH'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 'LJLWDO2XWSXW&LUFXLW)DLOHG+LJK
6,' +LJK6LGH'LJLWDO2XWSXW&LUFXLW)DLOHG/RZ
6,' 9179DOYH3RVLWLRQ)HHGEDFN3RVLWLRQ7RR/RZ+LJK%R[
6,' 9179DOYH3RVLWLRQ)HHGEDFN3RVLWLRQ7RR+LJK/RZ%R[
6,' 9179DOYH3RVLWLRQ)HHGEDFN)DLOHG
6,' 3RVLWLRQ:DVWH*DWH917)DLOHG+LJK
6,' 3RVLWLRQ:DVWH*DWH917)DLOHG/RZ
6,' 7XUER$FWXDWRU&$1&RPPXQLFDWLRQ(UURU
6,' &KDUJH$LU&RROHU2XWOHW7HPSHUDWXUH6HQVRU3ODXVLELOLW\(UURU
6,' &KDUJH$LU&RROHU2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
6,' &KDUJH$LU&RROHU2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' &KDUJH$LU2XWOHW7HPSHUDWXUH'ULIW/RZER[
6,' &KDUJH$LU2XWOHW7HPSHUDWXUH'ULIW+LJKER[
Page 23
(&80HUFHGHV
3,'6,' - )0,
6,' 7XUERFKDUJHU6XSHUFKDUJHU%RRVW6\VWHP3HUIRUPDQFH
6,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW3UHVVXUH&LUFXLW)DLOHG+LJK
6,' &KDUJH$LU&RROHU2XWOHW3UHVVXUH&LUFXLW)DLOHG+LJK
6,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW3UHVVXUH&LUFXLW)DLOHG/RZ
6,' &KDUJH$LU&RROHU2XWOHW3UHVVXUH&LUFXLW)DLOHG/RZ
6,' (*5)ORZ7DUJHW(UURU'LDJQRVWLF+LJK)ORZ
6,' (*5)ORZ7DUJHW(UURU'LDJQRVWLF/RZ)ORZ
3,' &RPSUHVVRU3UHVVXUH3ODXVLELOLW\)DXOW+LJK%R[
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW3UHVVXUH&LUFXLW)DLOHG+LJK
6,' 7XUERFKDUJHU&RPSUHVVRU,QOHW3UHVVXUH&LUFXLW)DLOHG/RZ
3,' &RPSUHVVRU,QOHW3UHVVXUH3ODXVLELOLW\)DXOW'HOWD
6,' &RPSUHVVRU,QOHW3UHVVXUH3ODXVLELOLW\(UURU3UHVVXUH7RR+LJK+LJK%R[
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH&\OLQGHU6KRUWHGWR%DWWHU\
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH&\OLQGHU6KRUWHGWR%DWWHU\
6,' 6ZLWFKLQJ3RZHU6XSSO\9ROWDJH)DLOHG+LJK
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH%DQN6KRUWHGWR%DWWHU\
6,' ,QMHFWRU6SLOO&RQWURO9DOYH&\OLQGHU6KRUWHGWR%DWWHU\
6,' ,QMHFWRU6SLOO&RQWURO9DOYH&\OLQGHU6KRUWHGWR%DWWHU\
6,' ,QMHFWRU6SLOO&RQWURO9DOYH$PSOLILHU%DQN6KRUWHGWR%DWWHU\
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH&\OLQGHU6KRUWHGWR*URXQG
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH&\OLQGHU6KRUWHGWR*URXQG
6,' 6ZLWFKLQJ3RZHU6XSSO\9ROWDJH)DLOHG/RZ
6,' ,QMHFWRU1HHGOH&RQWURO9DOYH%DQN6KRUWHGWR*URXQG
6,' ,QMHFWRU6SLOO&RQWURO9DOYH&\OLQGHU6KRUWHGWR*URXQG
6,' ,QMHFWRU6SLOO&RQWURO9DOYH&\OLQGHU6KRUWHGWR*URXQG
6,' ,QMHFWRU6SLOO&RQWURO9DOYH$PSOLILHU%DQN6KRUWHGWR*URXQG
6,' '2&,QOHW7HPSHUDWXUH6HQVRU3ODXVLELOLW\(UURU
3,' '2&,QOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' '2&,QOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' '2&,QOHW7HPSHUDWXUH6HQVRU6WXFN
6,' '3)2XWOHW7HPSHUDWXUH+LJK
6,' '3)2XWOHW7HPSHUDWXUH6HQVRU3ODXVLELOLW\(UURU
6,' '3)2XOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
6,' '3)2XOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' '3)2XWOHW7HPSHUDWXUH6HQVRU6WXFN
6,' $EQRUPDO'3)7HPSHUDWXUH5LVH
6,' '2&2XWOHW7HPSHUDWXUH7RR+LJK
6,' '2&2XWOHW7HPSHUDWXUH6HQVRU3ODXVLELOLW\(UURU
3,' '2&2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' '2&2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
6,' '2&2XWOHW7HPSHUDWXUH6HQVRU6WXFN
3,' $EQRUPDO'2&7HPSHUDWXUH5LVH
6,' $EQRUPDO'2&7HPSHUDWXUH5LVH
6,' $EQRUPDO'3)7HPSHUDWXUH5LVH
6,' '3)3UHVVXUH2XWRI5DQJH+LJK
6,' $FWLYH5HJHQ7HPS2XWRI5DQJH/RZ
6,' '3)3UHVVXUH2XWRI5DQJH/RZ
6,' $EQRUPDO6RRW5DWH
6,' '3)3UHVVXUH2XWRI5DQJH+LJK
6,' 'RVHU)XHO6XSSO\3UHVVXUH$EQRUPDO
6,' 'RVHU)XHO/LQH3UHVVXUH$EQRUPDO
6,' +&'RVHU)XHO3UHVVXUH1RW3ODXVLEOH
6,' 'RVHU)XHO/LQH3UHVVXUH6HQVRU&LUFXLW)DLOHG+LJK
6,' 'RVHU)XHO/LQH3UHVVXUH6HQVRU&LUFXLW)DLOHG/RZ
6,' 'RVHU)/36HQVRUV)DLOHG6HOI7HVW
6,' 'RVHU)XHO/LQH3UHVVXUH)DLOHG6HOI7HVW
Page 24
(&80HUFHGHV
3,'6,' - )0,
6,' +&'RVHU&LUFXLW)DLOHG+LJK
6,' +&'RVHU&LUFXLW)DLOHG/RZ
6,' +&'RVHU&LUFXLW)DLOHG2SHQ
6,' 'RVHU0HWHULQJDQG6DIHW\8QLW9DOYH6HDOV&KHFN
6,' )XHO&XW2II9DOYH&LUFXLW)DLOHG+LJK
6,' )XHO&XW2II9DOYH&LUFXLW)DLOHG/RZ
6,' )XHO&XW2II9DOYH&LUFXLW)DLOHG2SHQ
3,' &RRODQW7HPS&RPSUHVVRU,QOHW7HPS3ODXVLELOLW\(UURU
3,' 7XUERFKDUJHU&RPSUHVVRU,QOHW7HPS6HQVRU*HQHUDO7HPS3ODXVLELOLW\(UURU
3,' 7XUERFKDUJHU&RPSUHVVRU,QOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' 7XUERFKDUJHU&RPSUHVVRU,QOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
3,' 5HODWLYH+XPLGLW\&LUFXLW)DLOHG+LJK
3,' 5HODWLYH+XPLGLW\&LUFXLW)DLOHG/RZ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU9DOYH6KRUWHG&LUFXLW
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$PSOLILHU$EQRUPDO5DWHRI&KDQJH
6,' ,QMHFWRU&\OLQGHU6SLOO&RQWURO9DOYH$EQRUPDO2SHUDWLRQ
6,' '3),QOHW3UHVVXUH6HQVRU'ULIWHG+LJK,Q5DQJH)DXOW+LJK%R[
3,' '3),QOHW3UHVVXUH&LUFXLW)DLOHG+LJK
3,' '3),QOHW3UHVVXUH&LUFXLW)DLOHG/RZ
6,' '3),QOHW3UHVVXUH6HQVRU6WXFN
6,' '3),QOHW3UHVVXUH6HQVRU'ULIWHG+LJK,Q5DQJH)DXOW/RZ%R[
6,' '3),QOHW3UHVVXUH6HQVRU'ULIWHG/RZ,Q5DQJH)DXOW/RZ%R[
6,' '3),QOHW3UHVVXUH6HQVRU'ULIWHG/RZ,Q5DQJH)DXOW+LJK%R[
6,' '3)6\VWHP%DFN3UHVVXUH7RR+LJK
6,' '3)2XWOHW3UHVVXUH6HQVRU3ODXVLELOLW\(UURU
6,' '3)2XWOHW3UHVVXUH6HQVRU'ULIWHG/RZ,Q5DQJH)DXOW+LJK%R[
6,' '3)2XWOHW3UHVVXUH&LUFXLW)DLOHG+LJK
6,' '3)2XWOHW3UHVVXUH&LUFXLW)DLOHG/RZ
6,' '3)2XWOHW3UHVVXUH6HQVRU6WXFN
6,' '3)2XWOHW3UHVVXUH6HQVRU'ULIWHG+LJK,Q5DQJH)DXOW+LJK%R[
6,' '3)2XWOHW3UHVVXUH6HQVRU'ULIWHG+LJK,Q5DQJH)DXOW/RZ%R[
6,' '3)2XWOHW3UHVVXUH6HQVRU'ULIWHG/RZ,Q5DQJH)DXOW/RZ%R[
3,' 5HPRWH$FFHOHUDWRU3HGDO6XSSO\9ROWDJH2XWRI5DQJH
3,' 5HPRWH$FFHOHUDWRU3HGDO&LUFXLW)DLOHG+LJK
3,' 5HPRWH$FFHOHUDWRU3HGDO&LUFXLW)DLOHG/RZ
6,' 5HJHQ7HPSHUDWXUH2XWRI5DQJH+LJK
6,' 5HJHQ7HPSHUDWXUH2XWRI5DQJH/RZ
3,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW7HPS6HQVRU*HQHUDO7HPS3ODXVLELOLW\(UURU
3,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG+LJK
3,' 7XUERFKDUJHU&RPSUHVVRU2XWOHW7HPSHUDWXUH&LUFXLW)DLOHG/RZ
Page 25
(&80HUFHGHV
3,'6,' - )0,
3,' 7XUERFKDUJHU2XW7HPSHUDWXUH7HPSHUDWXUH7RR+LJK/RZ%R[
3,' 7XUERFKDUJHU2XW7HPSHUDWXUH7HPSHUDWXUH7RR/RZ+LJK%R[
3,' (*5'LIIHUHQWLDO3UHVVXUH)DLOHG+LJK%R[
3,' (*5'LIIHUHQWLDO3UHVVXUH)DLOHG/RZ%R[
3,' (*5'HOWD3UHVVXUH6HQVRU&LUFXLW+LJK
3,' (*5'HOWD3UHVVXUH6HQVRU&LUFXLW/RZ
3,' (*56DPSOLQJ5DQJH)DLOHG
3,' (*5'HOWD3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
3,' (*5'HOWD3UHVVXUH6HQVRU2XW2I&DOLEUDWLRQ
3,' (*57HPSHUDWXUH9HU\+LJK
3,' (*57HPSHUDWXUH6HQVRU*HQHUDO7HPS3ODXVLELOLW\(UURU
3,' (*57HPSHUDWXUH6HQVRU&LUFXLW)DLOHG+LJK
3,' (*57HPSHUDWXUH6HQVRU&LUFXLW)DLOHG/RZ
3,' (*57HPSHUDWXUH6HQVRU7HPSHUDWXUH7RR+LJK
3,' (*57HPSHUDWXUH'ULIW+LJK%R[
3,' (*57HPSHUDWXUH'ULIW/RZ%R[
Page 26
Page 27
(&8 &XPPLQV
3,'6,' )0,
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
IXHOLQMHFWLRQFRQWURO HUURURQIXHOLQMHFWLRQFRQWUROYDOYH
(&0IDLOXUH HFPLQWHUQDOWHPSDERYHQRUPDO
(&0IDLOXUH HFPLQWHUQDOWHPSEHORZQRUPDO
9*7DFWXDWRU GDWDDERYHQRUPDOUDQJH
9*7DFWXDWRU 9*7QRWLQWHUSUHWLQJ-IURP(&0
(*5 (*5YDOYHYROWDJHEHORZQRUPDO
9*7DFWXDWRU 9*7XQDEOHWRFORVH
9*7DFWXDWRU RXWRIFDOLEUDWLRQ
9*7DFWXDWRU LQWHUQDO9*7IDLOXUH
9*7DFWXDWRU PLVPDWFKEHWZHHQ9*7DQG(&0FDOLEUDWLRQ
9*7DFWXDWRU -IDLOXUHEHWZHHQ9*7DQG(&0
IDQFRQWUROFLUFXLW YROWDJHEHORZQRUQDORUVKRUWHGORZ
IDQFRQWUROFLUFXLW YROWDJHDERYHQRUPDORURSHQFLUFXLW
VWDUWHUUHOD\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
VWDUWHUUHOD\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
DX[LOLDU\VHQVRU LQSXWIDLOXUH
DX[LOLDU\VHQVRU HQJLQHSURWHFWLRQVHQVRULQSXW
VSHHGVHQVRU PLVDOLJQPHQWEHWZHHQFUDQNDQGFDPVSHHG
VSHHGVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDOIURPFUDQNDQGFDP
FDPVKDIWVSHHGSRVLWLRQ HUUDWLFGDWDVLJQDO
LQWDNHKHDWHU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQWDNHKHDWHU YROWDJHEHORZQRUPDORUVKRUWHGORZ
HQJLQHEUDNH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
HQJLQHEUDNH YROWDJHEHORZQRUPDORUVKRUWHGORZ
HQJLQHEUDNH YROWDJHEHORZQRUPDORUVKRUWHGORZ
HQJLQHEUDNH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
SDUWLFXODWHWUDSLQOHW H[FHVVLYHEODFNVPRNHGHWHFWHG
ZKHHOVSHHGVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDO
ZKHHOVSHHGVHQVRU DEQRUQDOUDWHRIFKDQJH
WKURWWOHSRVLWLRQ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
WKURWWOHSRVLWLRQ YROWDJHEHORZQRUPDORURSHQFLUFXLW
DFFHOHUDWRUSHGDO RHPWUDQVPLWWHGSHGDOIDXOW
DFFHOHUDWRUSHGDO HUUDWLFGDWDVLJQDO
ZDWHULQIXHO GDWDDERYHQRUPDOUDQJH
ZDWHULQIXHO YROWDJHDERYHQRUPDORUVKRUWHGKLJK
ZDWHULQIXHO YROWDJHEHORZQRUPDORUVKRUWHGORZ
HQJLQHRLOOHYHO HUUDWLFLQFRUUHFWGDWDVLJQDO
HQJLQHRLOOHYHO OHYHOEHORZQRUPDOUDQJH
HQJLQHRLOOHYHO OHYHOEHORZQRUPDOUDQJH
HQJLQHRLOOHYHO YROWDJHEHORZQRUPDORUVKRUWHGORZ
HQJLQHRLOOHYHO OHYHODERYHQRUPDOUDQJH
RLOSUHVVXUHVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
RLOSUHVVXUHVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
RLOSUHVVXUHVHQVRU SUHVVXUHEHORZQRUPDOUDQJH
RLOSUHVVXUHVHQVRU RLOSUHVVXUHEHORZSURWHFWLRQOLPLWV
RLOSUHVVXUHVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDO
FUDQNFDVHSUHVVXUH SUHVVXUHDERYHQRUPDOUDQJH
FUDQNFDVHSUHVVXUH SUHVVXUHDERYHQRUPDOUDQJH
FUDQNFDVHSUHVVXUH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
Page 28
(&8 &XPPLQV
3,'6,' )0,
FUDQNFDVHSUHVVXUH YROWDJHEHORZQRUPDORUVKRUWHGORZ
FUDQNFDVHSUHVVXUH HUUDWLFGDWDVLJQDO
FUDQNFDVHSUHVVXUH FKDQJHFUDQNFDVHEUHDWKHU
LQWDNHPIOGSUHVVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQWDNHPIOGSUHVVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
LQWDNHPIOGSUHVVHQVRU GDWDGRHVQRWPDWFKFXUUHQWFRQGLWLRQV
WXUERVSHHG HUUDWLFLQFRUUHFWGDWDVLJQDO
WXUERVSHHG VSHHGEHORZQRUPDOUDQJH
WXUER WXUERVSHHGDERYHQRUPDOUDQJH
WXUER WXUERVSHHGDEQRUPDOUDWHRIFKDQJH
LQWDNHPIOGWHPVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQWDNHPIOGWHPVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
LQWDNHPIOGWHPVHQVRU WHPSHUDWXUHDERYHSURWHFWLRQOLPLW
EDURPHWULFSUHVVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
EDURPHWULFSUHVVHQVRU YROWDJHEHORZQRUPDORUVKRUWHGORZ
EDURPHWULFSUHVVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDO
FRRODQWWHPSVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
FRRODQWWHPSVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
FRRODQWWHPSVHQVRU WHPSHUDWXUHDERYHQRUPDOUDQJH
FRRODQWWHPSVHQVRU WHPSHUDWXUHDERYHSURWHFWLRQOLPLW
FRRODQWWHPSVHQVRU (*5FORVHGWRUHGXFHFRRODQWWHPSHUDWXUH
FRRODQWOHYHOVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
FRRODQWOHYHOVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
FRRODQWOHYHOVHQVRU OHYHOEHORZQRUPDOUDQJH
FRRODQWOHYHOVHQVRU OHYHOEHORZQRUPDOUDQJH
RLOFKDQJHLQWHUYDO FKDQJHLQWHUYDOFRQGLWLRQ
IXHOSXPSSUHVVXUH YROWDJHEHORZQRUPDORUVKRUWHGORZ
IXHOSXPSSUHVVXUH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
IXHOSXPSSUHVVXUH SXPSLQJLPEDODQFHRURXWRIDGMXVWPHQW
HOHFWULFOLIWSXPS VXSSO\YROWDJHKLJK
HOHFWULFOLIWSXPS VXSSO\YROWDJHORZ
([KDXVW*DV3UHVVXUH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
([KDXVW*DV3UHVVXUH YROWDJHEHOZRQRUPDORUVKRUWHGORZ
([KDXVW*DV3UHVVXUH HUUDWLFGDWDVLJQDO
FUXLVH HUUDWLFGDWDVLJQDO
(*5 (*5FRQWUROFXUUHQWEHORZQRUPDO
(*5 (*5FRQWUROFXUUHQWEHORZQRUPDO
(*5 (*5FRQWUROQRWUHVSRQGLQJYDOYHVWXFN
LQMHFWRUUDLOSUHVVXUH YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQMHFWRUUDLOSUHVVXUH YROWDJHEHORHQRUPDORUVKRUWHGORZ
LQMHFWRUUDLOSUHVVXUH SUHVVXUHDERYHQRUPDOUDQJH
LQMHFWRUUDLOSUHVVXUH SUHVVXUHDERYHQRUPDOUDQJH
LQMHFWRUUDLOSUHVVXUH HUUDWLFLQFRUUHFWGDWDVLJQDO
LQMHFWRUUDLOSUHVVXUH SUHVVXUHEHORZQRUPDOUDQJH
LQMHFWRUUDLOSUHVVXUH SUHVVXUHDERYHQRUPDOUDQJH
FKDUJLQJYROWDJH YROWDJHDERYHQRUPDO
FKDUJLQJYROWDJH YROWDJHEHORZQRUPDO
FKDUJLQJYROWDJH YROWDJHEHORZQRUPDO
(&0IDLOXUH VXSSO\YROWDJHORZ
(&0IDLOXUH VXSO\YROWDJHKLJK
DPELHQWDLUWHPVHQVRU YROWDJHEHORZQRUPDORUVKRUWHGORZ
DPELHQWDLUWHPVHQVRU YROWDJHEHORZQRUPDORUVKRUWHGORZ
SRVLWLRQVSHHGVLJQDOV SRVLWLRQVSHHGVLJQDOVDUHLQFRUUHFWLQWHUPLWWHQW
FUDQNVKDIWVSHHG HQJLQHVSHHGDERYHSURWHFWLRQOLPLWV
FUDQNVKDIWVSHHGSRVLWLRQ ORVVRIGDWDVLJQDO
FUDQNVKDIWVSHHG HUUDWLFGDWDVLJQDO
Page 29
(&8 &XPPLQV
3,'6,' )0,
VHQVRUVXSSO\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
VHQVRUVXSSO\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
-GDWD QRWUHFHLYLQJ-GDWD
-GDWD -FRQILJXUDWLRQ
-GDWD ORVVRIGDWDVLJQDO
VSHHGVHQVRU YROWDJHEHORZQRUPDORUVKRUWHGORZ
VSHHGVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
VHQVRUVXSSO\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
VHQVRUVXSSO\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
VHQVRUVXSSO\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
VHQVRUVXSSO\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
LQMHFWRUSRZHUVXSSO\ ORZYROWDJHIRULQMHFWRUSRZHUVXSSO\
(&0IDLOXUH LJQLWRQSRZHUORVWWRHFP
(&0IDLOXUH FKHFN(&0VXSSO\YROWDJHUHSODFH(&0
(&0IDLOXUH FKHFN(&0VXSSO\YROWDJHUHSODFH(&0
$7' $7'GLIIHUHQWLDOSUHVVXUHYROWDJHDERYHQRUPDO
$7' $7'GLIIHUHQWLDOSUHVVXUHYROWDJHEHORZQRUPDO
$7' $7'GLIIHUHQWLDOSUHVVXUHVLJQDOHUUDWLF
$7' $7'GLIIHUHQWLDOSUHVVXUHDERYHOLPLWV
$7' $7'GLIIHUHQWLDOSUHVVXUHDERYHOLPLWVGHUDWH
$7' $7'GLIIHUHQWLDOSUHVVXUHDERYHQRUPDOUDQJH
$7' $7'VRRWORDGDERYHOLPLWV
$7' $7'WHPSDQGSUHVVXUHVHQVRUVUHYHUVHG
$7' $7'WHPSYROWDJHEHORZQRUPDORUVKRUWHGORZ
$7' $7'WHPSYROWDJHDERYHQRUPDORUVKRUWHGKLJK
$7' $7'WHPSHUUDWLFGDWD
$7' $7'WHPSYROWDJHEHORZQRUPDORUVKRUWHGORZ
$7' $7'WHPSYROWDJHDERYHQRUPDORUVKRUWHGKLJK
$7' $7'WHPSHUUDWLFGDWD
$7' $7'WHPSGDWDDERYHQRUPDOUDQJH
$7' $7'WHPSGDWDDERYHQRUPDOUDQJH
$7' $7'WHPSGRHVQRWUHDFKOLPLWIRUSDUNHGUHJHQ
$7' $7'WHPSGRHVQRWUHDFKOLPLWIRUSDUNHGUHJHQ
$7' $7'WHPSYROWDJHDERYHQRUPDORUVKRUWHGKLJK
$7' $7'WHPSYROWDJHEHORZQRUPDORUVKRUWHGORZ
$7' $7'WHPSGDWDHUUDWLF
$7' $7'WHPSGDWDDERYHQRUPDOUDQJH
$7' $7'WHPSGDWDDERYHQRUPDOUDQJH
WXUERLQOHWWHPS YROWDJHDERYHQRUPDORUVKRUWHGKLJK
WXUERLQOHWWHPS YROOWDJHEHORZQRUPDORUVKRUWHGORZ
DFFHOHUDWRUSHGDO RHPWUDQVPLWWHGSHGDOIDXOW
DPELHQWDLUGHQVLW\ GDWDEHORZQRUPDOUDQJH
(*5 (*5GHOWDSUHVVXUHGDWDHUUDWLF
(*5 (*5GHOWDSUHVVXUHEHORZQRUPDOUDQJH
(*5 (*5GHOWDSUHVVXUHVHQVRUYROWDJHDERYHQRUPDO
(*5 (*5GHOWDSUHVVXUHVHQVRUYROWDJHEHORZQRUPDO
(*5 (*5GHOWDSUHVVXUHDERYHQRUPDO
(*5 (*5WHPSVHQVRUYROWDJHDERYHQRUPDO
(*5 (*5WHPSVHQVRUYROWDJHEHORZQRUPDO
(*5 (*5WHPSDERYHQRUPDOUDQJH
Page 30
&$7(53,//$5
Page 31
(&8 &DWHUSLOODU
3,'6,' )0,
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
LQMHFWRUVROHQRLGF\O FXUUHQWEHORZQRUPDORURSHQ
(&8 VSHHGVLJQDOFDOLEUDWLRQQRWSHUIRUPHG
372 372WKURWWOHVLJQDOLQYDOLG
372 372WKURWWOHVLJQDORXWRIFDOLEUDWLRQ
WXUERZDVWHJDWHVROHQRLG FXUUHQWEHORZQRUPDO
WXUERZDVWHJDWHVROHQRLG FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
WXUERZDVWHJDWHVROHQRLG FXUUHQWPLVPDWFK
YROWVXSSO\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
YROWVXSSO\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
,QMHFWLRQ$FWXDWLRQ3XPS RXWSXWIDLOXUH
(&8 NH\VZLWFK
VSHHGVHQVRU ORVVRIVLJQDO
VSHHGVHQVRU HUUDWLFGDWDVLJQDO
LQWDNHKHDWHU FXUUHQWEHRZQRUPDO
LQWDNHKHDWHU FXUUHQWDERYHQRUPDORUVKRUWHGWRJURXQG
LGOH LGOHVKXWGRZQ
372 372VKXWGRZQ
YHKLFOHVSHHGVHQVRU RYHUVSHHGZDUQLQJ
YHKLFOHVSHHGVHQVRU ORVVRIVLJQDO
YHKLFOHVSHHGVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDO
YHKLFOHVSHHGVHQVRU VLJQDORXWRIQRUPDOUDQJH
YHKLFOHVSHHGVHQVRU DEQRUQDOUDWHRIFKDQJH
YHKLFOHVSHHGVHQVRU TXLFNVWRSRFFXUDQFH
WKURWWOHSRVLWLRQ LQYDOLGVLJQDO
WKURWWOHSRVLWLRQ RXWRIFDOLEUDWLRQ
IXHOSUHVVXUH ORZIXHOSUHVVXUH
IXHOSUHVVXUH YROWDJHDERYHQRUPDO
IXHOSUHVVXUH YROWDJHEHORZQRUPDO
IXHOSUHVVXUH ORZFUDQNLQJIXHOSUHVVXUH
IXHOOHYHO YROWDJHDERYHQRUPDO
IXHOOHYHO YROWDJHEHORZQRUPDO
RLOSUHVVXUHVHQVRU ORZSUHVVXUHZDUQLQJ
RLOSUHVVXUHVHQVRU YROWDJHDERYHQRUPDO
RLOSUHVVXUHVHQVRU YROWDJHEHORZQRUPDO
RLOSUHVVXUHVHQVRU YHU\ORZRLOSUHVVXUH
LQWDNHPIOGSUHVVHQVRU ORZERRVWSUHVVXUH
LQWDNHPIOGSUHVVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQWDNHPIOGSUHVVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
LQWDNHPIOGSUHVVHQVRU GDWDGRHVQRWPDWFKFXUUHQWFRQGLWLRQV
LQWDNHPIOGSUHVVHQVRU QRWUHVSRQGLQJ
LQWDNHPIOGWHPVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQWDNHPIOGWHPVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
LQWDNHPIOGWHPVHQVRU WHPSHUDWXUHDERYHSURWHFWLRQOLPLW
LQWDNHPIOGWHPVHQVRU YHU\KLJKLQWDNHDLUWHPSHUDWXUH
Page 32
(&8 &DWHUSLOODU
3,'6,' )0,
EDURPHWULFSUHVVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
EDURPHWULFSUHVVHQVRU YROWDJHEHORZQRUPDORUVKRUWHGORZ
EDURPHWULFSUHVVHQVRU HUUDWLFLQFRUUHFWGDWDVLJQDO
FRRODQWWHPSVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
FRRODQWWHPSVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
FRRODQWWHPSVHQVRU WHPSHUDWXUHDERYHQRUPDOUDQJH
FRRODQWWHPSVHQVRU YHU\KLJKFRRODQWWHPSHUDWXUH
FRRODQWOHYHOVHQVRU LQYDOLGVLJQDO
FRRODQWOHYHOVHQVRU YROWDJHDERYHQRUPDORUVKRUWHGKLJK
FRRODQWOHYHOVHQVRU YROWDJHEHORZQRUPDORURSHQFLUFXLW
FRRODQWOHYHOVHQVRU OHYHOEHORZQRUPDOUDQJH
FRRODQWOHYHOVHQVRU YHU\ORZFRRODQWOHYHO
VHFIXHOOHYHO YROWDJHEHORZQRUPDORUVKRUWHGORZ
VHFIXHOOHYHO YROWDJHDERYHQRUPDORUVKRUWHGKLJK
LQMHFWLRQDFWXDWLRQSUHVVXUH HUUDWLFVLJQDO
LQMHFWLRQDFWXDWLRQSUHVVXUH YROWDJHDERYHQRUPDO
LQMHFWLRQDFWXDWLRQSUHVVXUH YROWDJHEHORZQRUPDO
LQMHFWLRQDFWXDWLRQSUHVVXUH H[FHVVLYHSUHVVXUH
LQMHFWLRQDFWXDWLRQSUHVVXUH V\VWHPIDLOXUH
(&0IDLOXUH VXSSO\YROWDJHLQWHUPLWWHQW
(&0IDLOXUH VXSSO\YROWDJHORZ
(&0IDLOXUH VXSSO\YROWDJHKLJK
H[KDXVWWHPSHUDWXUH GHUDWHIRUKLJKH[KDXVWWHPSHUDWXUH
H[KDXVWWHPSHUDWXUH GHUDWHIRUYHU\KLJKH[KDXVWWHPSHUDWXUH
372 372VKXWGRZQVZLWFKYROWDJHORZ
372 372VKXWGRZQVZLWFKRFFXUDQFH
HQJLQHVSHHG RYHUVSHHGZDUQLQJ
HQJLQHVSHHG ORRVRIGDWDVLJQDO
HQJLQHVSHHG HUUDWLFVLJQDO
WKHIWGHWHUHQW DFWLYHVLJQDO
WKHIWGHWHUHQW DFWLYHVLJQDOZKHQFUDQNLQJ
-GDWD LQFRUUHFWGDWDIURQ-
-GDWD -FRQILJXUDWLRQ
-GDWD ORVVRIGDWDVLJQDO
-GDWD WUDQVPLVVLRQGDWDOLQNGHUDWH
YROWVXSSO\ YROWDJHDERYHQRUPDO
YROWVXSSO\ YROWDJHEHORZQRUPDO
VHQVRUVXSSO\ YROWDJHDERYHQRUPDORUVKRUWHGKLJK
VHQVRUVXSSO\ YROWDJHEHORZQRUPDORUVKRUWHGORZ
EUDNHSHGDOVZLWFK VZLWFKQRWUHVSRQGLQJ
EUDNHSHGDOVZLWFK VZLWFKQRWUHVSRQGLQJ
LQMHFWRUSRZHUVXSSO\ ORZYROWDJHIRULQMHFWRUSRZHUVXSSO\
(&0IDLOXUH LJQLWRQSRZHUORVWWRHFP
(&8 LQFRUUHFWHQJLQHVRIWZDUH
(&8 FXVWRPHURUV\VWHPSDUDPHWHUV
(&8 2(0SDUDPHWHUQRWSURJUDPPHG
$7' DFWLYHUHJHQHUDWLRQLQKLELWHGGXHWRORZH[KDXVWWHPSHUDWXUH
FOHDQJDVLQGXFWLRQ &*,SUHVVXUHVHQVRUYROWDJHDERYHQRUPDO
FOHDQJDVLQGXFWLRQ &*,SUHVVXUHVHQVRUYROWDJHEHORZQRUPDO
Page 33
(&8 &DWHUSLOODU
3,'6,' )0,
FOHDQJDVLQGXFWLRQ &*,WHPSKLJK
FOHDQJDVLQGXFWLRQ &*,WHPSVHQVRUYROWDJHDERYHQRUPDO
FOHDQJDVLQGXFWLRQ &*,WHPSVHQVRUYROWDJHEHORZQRUPDO
FOHDQJDVLQGXFWLRQ &*,IORZUDWHKLJK
FOHDQJDVLQGXFWLRQ &*,WHPSVHQVRUYROWDJHDERYHQRUPDO
FOHDQJDVLQGXFWLRQ &*,WHPSVHQVRUYROWDJHEHORZQRUPDO
FOHDQJDVLQGXFWLRQ &*,IORZUDWHKLJK
FOHDQJDVLQGXFWLRQ &*,IORZUDWHORZ
FOHDQJDVLQGXFWLRQ &*,DFWXDWRUVKDIWFXUUHQWEHORZQRUPDO
FOHDQJDVLQGXFWLRQ &*,DFWXDWRUVKDIWFXUUHQWDERYHQRUPDO
$7' $7'GLIIHUHQWLDOSUHVVXUHDERYHOLPLWV
$7' $7'ILOWHUWHPSHUDWXUHKLJK
$7' $7'ILOWHUWHPSHUDWXUHKLJK
$7' $7'ILOWHUWHPSHUDWXUHYHU\KLJK
$7' $7'ILOWHUWHPSHUDWXUHVHQVRUYROWDJHDERYHQRUPDO
$7' $7'ILOWHUWHPSHUDWXUHVHQVRUYROWDJHEHORZQRUPDO
$7' $7'GLIIHUQWLDOSUHVVXUHKLJKILOWHUUHVWULFWLRQ
$7' $7'GLIIHUHQWLDOSUHVVXUHYROWDJHDERYHQRUPDO
$7' $7'GLIIHUHQWLDOSUHVVXUHYROWDJHEHORZQRUPDO
$7' $7'GLIIHUHQWLDOSUHVVXUHVLJQDOHUUDWLF
$7' $7'GLIIHUHQWLDOSUHVVXUHILOWHUUHVWULFWHG
$7' $7'GLIIHUHQWLDOSUHVVXUHDERYHOLPLWV
$7' $7'H[KDXVWJDVWHPSHUDWXUHGDWDGULIWHGKLJK
$7' $7'H[KDXVWJDVWHPSHUDWXUHYROWDJHDERYHQRUPDO
$7' $7'H[KDXVWJDVWHPSHUDWXUHYROWDJHEHORZQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUHFRQWURO DIWHUWUHDWPHQWIXHOSUHVVXUHVHQVRUYROWDJHDERYHQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUHFRQWURO DIWHUWUHDWPHQWIXHOSUHVVXUHVHQVRUYROWDJHEHORZQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUHFRQWURO DIWHUWUHDWPHQWIXHOSUHVXXUHKLJK
DIWHUWUHDWPHQWIXHOSUHVVXUHFRQWURO $5'VROHQRLGFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUHFRQWURO $5'VROHQRLGFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWIXHODFWXDWRU $5'VROHQRLGFXUUHQWEHORZQRUPDO
DIWHUWUHDWPHQWIXHODFWXDWRU $5'VROHQRLGFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWLJQLWLRQ $5'LJQLWLRQFXUUHQWEHORZQRUPDO
DIWHUWUHDWPHQWLJQLWLRQ $5'LJQLWLRQFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUH VHQVRUYROWDJHDERYHQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUH VHQVRUYROWDJHEHORZQRUPDO
DIWHUWUHDWPHQWIXHOSUHVVXUH IXHOSUHVVXUHKLJK
DIWHUWUHDWPHQWSXUJHDLUDFWXDWRU $5'SXUJHDLUFXUUHQWEHORZQRUPDO
DIWHUWUHDWPHQWSXUJHDLUDFWXDWRU $5'SXUJHDLUFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWSXUJHDLUDFWXDWRU $5'SXUJHDLUSUHVVXUHORZ
DIWHUWUHDWPHQWSXUJHDLUDFWXDWRU $5'SXUJHSUHVVXUHQRWUHVSRQGLQJ
DIWHUWUHDWPHQWDLUSUHVVXUHFRQWURO $5'VROHQRLGFXUUHQWEHORZQRUPDO
DIWHUWUHDWPHQWDLUSUHVVXUHFRQWURO $5'VROHQRLGFXUUHQWDERYHQRUPDO
DIWHUWUHDWPHQWDLUSUHVVXUHFRQWURO $5'VROHQRLGQRWUHVSRQGLQJ
$7' $5'IDLOHGWRLJQLWH
$7' $5'ORVVRILJQLWLRQ
DIWHUWUHDWPHQW SDUNHGUHJHQPDQXDOO\GLVDEOHG
$7'VHFRQGDU\GLIIHUQWLDOSUHVVXUH VHQVRUYROWDJHDERYHQRUPDO
$7'VHFRQGDU\GLIIHUQWLDOSUHVVXUH VHQVRUYROWDJHEHORZQRUPDO
Page 34
-)DXOW&RGHV
IRU
(3$ QHZHUPRGHOV
6DI7/LQHU+';
6DI7/LQHU();
6DI7/LQHU&
Page 35
5HWULHYLQJFRGHV+';();
5HWULHYLQJFRGHVIURPWKH'DVK
7KHSDUNLQJEUDNHPXVWEHVHW
3UHVVDQGKROGWKHULJKWDUURZIRU
VHFRQGV
7KLVZLOODFFHVVWKHDX[LOLDU\VFUHHQV
Page 36
Auxiliary Screens
- Diagnostics
SETUP
MAINTENANCE
DIAGNOSTICS
Page 37
Auxiliary Screens
- Diagnostics Available
DIAGNOSTIC MENU
ENGINE FAULTS
TRANSMISSION FAULTS
(1*,1()$8/76
75$160,66,21)$8/76
$%6)$8/76
&+(&.2873876
&+(&.'$7$,13876
2'20(7(5',$*1267,&6
&+(&.*$8*(6
&+(&.:$51,1*/$036
&+(&./&'
&+(&.%,1$5<,13876
&+(&.$1$/2*,13876
&+(&.'$7$/,1.
9(56,21,1)250$7,21
(;,7
Page 38
5HWULHYLQJFRGHV&
<RXU,&8GDVKZLOOGLVSOD\WKHQXPEHUVIRUWKH
PRGXOHVWKDWKDYHDQDFWLYHIDXOW
7KHFRPSOHWH6$(IDXOWFRGHFDQEHUHWULHYHG
,&8GDVKHVFDQQRWEHXVHGWRFOHDUKLVWRULFIDXOW
FRGHV
Page 39
+RZWRUHWULHYHDFWLYHIDXOWFRGHV
ICU3 and ICU4 dash models)
6HWSDUNLQJEUDNH
,JQLWLRQNH\WR³RQ´SRVLWLRQ
3XVKDQGUHOHDVHPRGHEXWWRQ
GLDJ[
[ WRWDORIIDXOWV
3XVKDQGKROGPRGHEXWWRQ
)DXOW
3XVKDQGUHOHDVHPRGHEXWWRQ
HQJLQH
WUDQVPLVVLRQ
0RGXOH $%6
,&8
%+0
3XVKDQGUHOHDVHPRGHEXWWRQ
)DXOW&RGH
3XVKDQGUHOHDVHPRGHEXWWRQ
)0, )DLOXUH0RGH,QGLFDWRU
)RUPXOWLSOHFRGHVUHSHDWVWHSV
Page 40
6$
Page 41
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 42
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
97 15 None 418 X X X X
Water In Fuel Indicator Data Valid But Above Water in Fuel Indicator - Data Valid But
Normal Operating Range - Moderately Severe Above Normal Operating Range - Moderately
Level Severe Level
Engine Oil Pressure Data Erratic, Intermittent Engine Oil Rifle Pressure - Data erratic,
Or Incorrect intermittent or incorrect
100 2 None Solid 435 X X X
Engine Oil Pressure Voltage Above Normal, Engine Oil Rifle Pressure 1
Or Shorted To High Source Sensor Circuit - Voltage above normal, or
shorted to high source
Page 43
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Engine Oil Pressure Data Valid But Below Engine Oil Rifle Pressure - Data Valid But
Normal Operating Range - Moderately Severe Below Normal Operating Range - Moderately
Level Severe Level
Page 44
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 45
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Barometric Pressure Voltage Below Normal, Barometric Pressure Sensor Circuit - Voltage
Or Shorted To Low Source below normal, or shorted to low source
Page 46
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Engine Coolant Level Data Valid But Below Coolant Level - Data Valid But
Mainten Normal Operating Range - Least Severe Level Below Normal Operating Range
ance - Least Severe Level
Page 47
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Charging System Potential (Voltage) Data Electrical Charging System Voltage - Data
Valid But Below Normal Operating Range - Valid But Below Normal Operating Range -
Moderately Severe Level Moderately Severe Level
Page 48
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Mainten Time Data Erratic, Intermittent Or Real Time Clock - Data erratic, intermittent or
ance Incorrect incorrect
251 2 Solid 319 X
Page 49
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Brake Pedal Position Data erratic, intermittent, Brake Pedal Position Data erratic,
or incorrect intermittent, or incorrect
521 12 Amber None 4526 X X X X
Accelerator Pedal or Lever Idle Validation
Accelerator Pedal 1 Low Idle Switch - Abnormal update rate
Switch Abnormal Update Rate
558 9 Red Solid 3528 X X X X
Accelerator Pedal 1 Low Idle Switch Received Accelerator Pedal or Lever Idle Validation
Network Data In Error Switch - Received Network Data In Error
Page 50
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 51
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 52
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 53
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 54
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Engine Wait to Start Lamp Engine Wait to Start Lamp - Abnormal update
Abnormal Update Rate rate
1081 9 Amber Solid 3555 X X
Page 55
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 56
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 57
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 58
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Aftertreatment 1 Diesel Exhaust Fluid Tank Aftertreatment 1 Diesel Exhaust Fluid Tank
Mainten Level Data Valid But Below Normal Operating Level - Data Valid But Below Normal
ance Range - Least Severe Level Operating Range - Least Severe Level
Page 59
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Engine Exhaust Gas Recirculation EGR Valve Control Circuit - Current above
1 (EGR1) Valve Control Current Above normal or grounded circuit
Normal Or Grounded Circuit
Page 60
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 61
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 62
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 63
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Aftertreatment 1 Diesel Exhaust Fluid Dosing Aftertreatment 1 Diesel Exhaust Fluid Dosing
Unit Voltage Above Normal, Or Shorted To Unit - Voltage above normal, or shorted to
High Source high source
Page 64
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Aftertreatment 1 Diesel Exhaust Fluid Tank Aftertreatment Diesel Exhaust Fluid Quality
Quality Voltage Below Normal, Or Shorted To Sensor Circuit - Voltage below normal, or
Low Source shorted to low source
Page 65
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 66
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 67
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 68
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
ECU Power Output Supply Voltage #1 Data Power Supply Lost With Ignition On - Data
Erratic, Intermittent Or Incorrect erratic, intermittent or incorrect
Page 69
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Diesel Particulate Filter Active Regeneration Diesel Particulate Filter Active Regeneration
Inhibited Due to System Timeout Condition Inhibited Due to System Timeout - Condition
Exists Exists
Page 70
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 71
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Aftertreatment 1 Diesel Exhaust Fluid Line Aftertreatment Diesel Exhaust Fluid Line
Heater 3 State Current Below Normal Or Open Heater 3 Circuit - Current below normal or
Circuit open circuit
Page 72
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 73
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 74
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 75
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 76
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 77
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 78
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Aftertreatment 1 Diesel Exhaust Fluid Dosing Aftertreatment 1 Diesel Exhaust Fluid Dosing
Unit Heater Temperature Abnormal Rate Of Unit Heater Temperature - Abnormal Rate of
Change Change
Page 79
SA 0 SAE Diagnostic Trouble Codes and Cummins Fault Codes
Page 80
6$
Page 81
6$
Page 82
6$
Page 83
PAGE INTENTIONALLY LEFT BLANK
Page 84
6$
Page 85
6$
6HULHV*HQ,9
Page 86
6$
Page 87
6$
Page 88
6$
Page 89
6$
Page 90
6DI7/LQHU&
)DXOW&RGHV
6$
Page 91
)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7URXEOHVKRRWIRUDIDXOWZLWKWKHYHKLFOHVSHHGVHQVRUDQG
ZLULQJDVGHVFULEHGLQWKHHQJLQHVHUYLFHOLWHUDWXUH7KHYHKLFOH
9HKLFOHVSHHGUHFHLYHG
VSHHGVHQVRULVSDUWRIWKHHQJLQHPDQDJHPHQWV\VWHPDQG GDWD ²
GDWDHUURU
WKHGDWDLVEURDGFDVWIURPWKHHQJLQH(&8RYHU-RU-
RQ(3$DQGROGHUYHKLFOHV
7KHWRSRIFOXWFKVZLWFKDQGERWWRPRIFOXWFKVZLWFKDUHERWK
%+0
PHDVXUHGDVFORVHGDWWKHVDPHWLPH7URXEOHVKRRWIRUFOXWFK
& %%
VZLWFKVKRUWHGRUIRUDZLULQJIDXOWEHWZHHQWKHFOXWFKVZLWFK
&OXWFKVZLWFKIDXOW WRS. %WRS
DQGWKH%+0(QJLQHVWDUWLQJLVGLVDEOHGDQGRWKHURSWLRQDO
ERWWRP %
IXQFWLRQVPD\EHLQWHUUXSWHGXQWLOWKHIDXOWLVFRUUHFWHGDQGWKH
ERWWRP
LJQLWLRQVZLWFKLVF\FOHG
)URQWOHIWWXUQODPS² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
&+0
FXUUHQWEHORZ FRPPDQGHG217KLVIDXOWLQGLFDWHVWKHEXOELVRSHQRUWKH /
&1
H[SHFWHGYDOXH ZLULQJEHWZHHQWKH%+0DQGWKHEXOELVDQRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
)URQWOHIWWXUQODPS² FRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHODPSVFRQQHFWHG
&+0
FXUUHQWDERYH WRWKLVFLUFXLWDUHGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV /
&1
H[SHFWHGYDOXH GHVLJQHGWRVXSSO\RUWKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLW
WRJURXQG
)URQWULJKWWXUQODPS 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
&+0
²FXUUHQWEHORZ FRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHEXOELVRSHQRU 5
&5
H[SHFWHGYDOXH WKHZLULQJEHWZHHQWKH%+0DQGWKHEXOELVDQRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
)URQWULJKWWXUQODPS FRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHODPSVFRQQHFWHG
&+0
²FXUUHQWDERYH WRWKLVFLUFXLWDUHGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV 5
&5
H[SHFWHGYDOXH GHVLJQHGWRVXSSO\RUWKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLW
WRJURXQG
Page 92
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0GULYHVWKHFDERYHUKHDGFOHDUDQFHDQG,'ODPSV
IURPFRQQHFWRU%SLQ&RQFLUFXLW$OORWKHUPDUNHUDQGWDLO
%+0
ODPSVDUHGULYHQIURP%+0FRQQHFWRU%.RQFLUFXLW7KLV
%.
FLUFXLWFRQQHFWVWRWKH&+0DVDQLQSXWDWFRQQHFWRU-37KH
%&
&+0SDVVHVWKHVLJQDOWKURXJKWRSRZHUWKHWDLOODPSVDQG
0DUNHUODPSV² &+0
PDUNHUODPSVIURPFRQQHFWRU&SLQ*DQGDOVRIURPFRQQHFWRU
YROWDJHEHORZ $ -3
&SLQV'(DQG)7URXEOHVKRRWIRUDZLULQJVKRUW
H[SHFWHGYDOXH & &*
WRJURXQGIDXOWRQDQ\RIWKH&+0RXWSXWRU%+0RXWSXWFLUFXLWV
&'
GLVFXVVHGDERYH7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLV
&(
WXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
&)
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
%+0
%.
%&
0DUNHUODPSV² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSV &+0
FXUUHQWEHORZ DUHFRPPDQGHG217KLVIDXOWLQGLFDWHVVRPHEXOEVDUH RSHQ $ -3
H[SHFWHGYDOXH RUWKHZLULQJEHWZHHQWKH%+0DQGWKHEXOEVLVRSHQFLUFXLW & &*
&'
&(
&)
7KH%+0GULYHVWKHFDERYHUKHDGFOHDUDQFHDQG,'ODPSV
IURPFRQQHFWRU%SLQ&RQFLUFXLW$OORWKHUPDUNHUDQGWDLO
%+0
ODPSVDUHGULYHQIURP%+0FRQQHFWRU%.RQFLUFXLW7KLV
%.
FLUFXLWFRQQHFWVWRWKH&+0DVDQLQSXWDWFRQQHFWRU-37KH
%&
&+0SDVVHVWKHVLJQDOWKURXJKWRSRZHUWKHWDLOODPSVDQG
0DUNHUODPSV² &+0
PDUNHUODPSVIURPFRQQHFWRU&SLQ*DQGDOVRIURPFRQQHFWRU
FXUUHQWDERYH $ -3
&SLQV'(DQG)7URXEOHVKRRWIRUDZLULQJVKRUWWRJURXQG
H[SHFWHGYDOXH & &*
IDXOWRQDQ\RIWKH&+0RXWSXWRU%+0RXWSXWFLUFXLWV
&'
GLVFXVVHGDERYH7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLV
&(
WXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
&)
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
7KHEDFNOLJKWLQJGLPPHUVZLWFKFRQQHFWVJURXQGWRFLUFXLW&
%+0
%DFNOLJKWLQJLQWHQVLW\ LQWKHLQFUHDVHLQWHQVLW\SRVLWLRQ,WFRQQHFWVJURXQGWRFLUFXLW
& %%
VZLWFKFLUFXLWIDXOW LQWKHGHFUHDVHLQWHQVLW\SRVLWLRQ,IERWKFLUFXLWVDUHDWJURXQG
%%
WKLVIDXOWLVVHW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH$&
$&FRPSUHVVRUFOXWFK )
FRPSUHVVRULVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKHFOXWFK %+0
²FXUUHQWEHORZ &
FLUFXLWLVRSHQRUWKHZLULQJEHWZHHQWKH%+0DQGWKH$& %0
H[SHFWHGYDOXH =
FRPSUHVVRUFOXWFKLVKLJKUHVLVWDQFHRURSHQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH$&
FRPSUHVVRUFOXWFKLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDW
$&FRPSUHVVRUFOXWFK WKHFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHGWRVXSSO\ )
%+0
²FXUUHQWDERYH DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWRJURXQG &
%0
H[SHFWHGYDOXH 7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKH =
IDXOWLVQRORQJHUSUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLV
FLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
Page 93
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0H[SHFWVWRUHFHLYHGDWDIURPWKHWUDQVPLVVLRQ
7UDQVPLVVLRQFRQWUROOHU FRQWUROOHU7KLVIDXOWLQGLFDWHVWKDWWKHWUDQVPLVVLRQ(&8LVQRW
QRWEURDGFDVWLQJ EURDGFDVWLQJRUWKHUHLVDIDXOWZLWKWKH-GDWDEXV$OVR GDWD ²
H[SHFWHGPHVVDJH WURXEOHVKRRWWKHSRZHUIHHGFLUFXLWVWRWKHWUDQVPLVVLRQ
FRQWUROOHU
7KH%+0H[SHFWVWRUHFHLYHGDWDIURPWKHFKDVVLVPRGXOH7KLV
&KDVVLVPRGXOHQRW
IDXOWLQGLFDWHVWKDWWKH&+0LVQRWEURDGFDVWLQJRUWKHUHLVD
EURDGFDVWLQJH[SHFWHG GDWD ²
IDXOWZLWKWKH-GDWDEXV$OVRWURXEOHVKRRWWKHSRZHUIHHG
PHVVDJH
FLUFXLWVWRWKH&+0
7KH&+0GRHVQRWVXXSSRUW3:0W\SH'5/V7KHYHKLFOHKDV &+0
/
'5/RXWSXWIDXOW D%+0PLVPDWFKZLWKWKH&+05HSODFHWKH&+0ZLWKRQHWKDW & .
5
LVFRPSDWLEOHZLWKWKH%+0 &)
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
&+0SRZHUIHHG &+0
IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ *
9%$7²ORZYROWDJH &3
EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH&+0
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
&+0SRZHUIHHG &+0
IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ *
9%$7²ORZYROWDJH &-
EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH&+0
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
&+0SRZHUIHHG &+0
IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ *
9%$7²ORZYROWDJH &-
EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH&+0
7KH372RXWSXWFLUFXLWKDVEHHQFRPPDQGHG21EXWDLU
372QRSUHVVXUH SUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
IHHGEDFN 7URXEOHVKRRWIRU372DLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUH
VZLWFKRSHQFLUFXLWIDXOW
7KH372RXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLUSUHVVXUHLV
372SUHVVXUH
GHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK7URXEOHVKRRWIRU372 YDULDEOH YDULDEOH
GHWHFWHGIDXOW
DLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
7KH372RXWSXWFLUFXLWKDVEHHQFRPPDQGHG21EXWDLU
372QRSUHVVXUH SUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
IHHGEDFN 7URXEOHVKRRWIRU372DLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUH
VZLWFKRSHQFLUFXLWIDXOW
7KH372RXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLUSUHVVXUHLV
372SUHVVXUH
GHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK7URXEOHVKRRWIRU372 YDULDEOH YDULDEOH
GHWHFWHGIDXOW
DLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
7KHD[OHOLIWRXWSXWFLUFXLWKDVEHHQFRPPDQGHG21EXWDLU
$[OHOLIWQRSUHVVXUH SUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
IHHGEDFN 7URXEOHVKRRWIRUD[OHOLIWDLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUH
VZLWFKRSHQFLUFXLWIDXOW
Page 94
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KHD[OHOLIWRXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLUSUHVVXUH
$[OHOLIWSUHVVXUH LVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK7URXEOHVKRRWIRU
YDULDEOH YDULDEOH
GHWHFWHGIDXOW D[OHOLIWDLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUHVZLWFKVKRUW
FLUFXLWIDXOW
%+0FRQQHFWRU%$LVDWEDWWHU\YROWDJHIRUPRUHWKDQ
VHFRQGVDQGWKHNH\LVLQWKH21SRVLWLRQ7KHUHPRWHVWDUW
5HPRWHVWDUWVZLWFK VZLWFKFLUFXLW'LVDWJURXQGDQGWKHUHPRWHVWDUWUHOD\LV %+0
'
VWXFNLQFUDQN DFWLYH7URXEOHVKRRWWKHSQHXPDWLFUHPRWHVWDUWVZLWFKV\VWHP %$
LQWUXFNVZLWKDEXFNHWOLIWRUWKHUHPRWHVWDUWVZLWFKDSSOLFDEOH
WRWKHYHKLFOH
7KH%+0VXSSOLHVEDWWHU\SRZHURQWKLVFLUFXLWZKHQWKHNH\LV
LQWKH581RU&5$1.SRVLWLRQV7URXEOHVKRRWIRUDZLULQJIDXOW
%+0DPSLJQLWLRQ
VKRUWLQJWKLVFLUFXLWWRJURXQGRUIRUWRRPDQ\RSWLRQDOFLUFXLWV
RXWSXWFLUFXLW² %+0
VSOLFHGLQWRLWWKDWLVFDXVLQJWKH%+0WRWXUQLWRII7KHIDXOW &
YROWDJHEHORZ %*
UHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLV
H[SHFWHGYDOXH
QRORQJHUSUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLW
RIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
%+0DPSLJQLWLRQ
7KH%+0VXSSOLHVEDWWHU\SRZHURQWKLVFLUFXLWZKHQWKHNH\LV
RXWSXWFLUFXLW² %+0
LQWKH581RU&5$1.SRVLWLRQV7URXEOHVKRRWIRUDQRSHQ &
FXUUHQWEHORZ %*
FLUFXLWIDXOW
H[SHFWHGYDOXH
7KH%+0VXSSOLHVEDWWHU\SRZHURQWKLVFLUFXLWZKHQWKHNH\LV
LQWKH581RU&5$1.SRVLWLRQV7URXEOHVKRRWIRUDZLULQJIDXOW
%+0DPSLJQLWLRQ
VKRUWLQJWKLVFLUFXLWWRJURXQGRUIRUWRRPDQ\RSWLRQDOFLUFXLWV
RXWSXWFLUFXLW² %+0
VSOLFHGLQWRLWWKDWLVFDXVLQJWKH%+0WRWXUQLWRII7KHIDXOW &
FXUUHQWDERYH %*
UHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLV
H[SHFWHGYDOXH
QRORQJHUSUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLW
RIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
7KHZLSHUVZLWFKLVLQWKH2))SRVLWLRQDQGWKH%+0SDUNLQSXW %+0
:LSHUSDUNSRVLWLRQ²
IURPWKHZLSHUPRWRULVQRWLQSDUNSRVLWLRQ7URXEOHVKRRWIRUD ² %&
GDWDIDXOW
ZLSHUPRWRUSDUNVZLWFKFLUFXLWIDXOW ,&8$
7KH,&8EURDGFDVWVWKHVWDWHRIWKHWXUQVLJQDOLQGLFDWRUVWRWKH
)RXUZD\IODVKHUV² %+0:KHQWKLVIDXOWLVDFWLYHWKHIRXUZD\IODVKHUVDUHRQDQG %+0
²
GDWDIDXOW WKH,&8LVQRWFRQWUROOLQJWKHWXUQVLJQDOLQGLFDWRUVDFFRUGLQJWR %%
WKH%+0FRPPDQG5HSODFHWKH,&8
7KH%+0LVQRWGHWHFWLQJWKHSUHVHQFHRIDOOWKHVPDUWVZLWFKHV
LWLVFRQILJXUHGWRKDYH8VH6HUYLFH/LQNWRGHWHUPLQHZKLFK
VPDUWVZLWFKLVPLVVLQJ)URPWKH%+0VFUHHQFOLFNRQWKH
0LVVLQJVPDUWVZLWFK ² ²
&RQILJXUDWLRQWDEWKHQFOLFNWKH&KHFNIRU0LVVLQJ6PDUW
6ZLWFKHVER[7KHVZLWFK,'ZLOOEHPLVVLQJIURPWKH6PDUW
6ZLWFKWKHYHKLFOHLVH[SHFWHGWRKDYH
Page 95
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0LVGHWHFWLQJPRUHWKDQRQHVPDUWVZLWFKZLWKWKH
VDPH,'QXPEHUSUHVHQWRQWKHYHKLFOH7KHRXWSXWVFRQWUROOHG
E\WKHVZLWFKDQGWKHLQGLFDWRULQWKHVZLWFKDUHFRPPDQGHG
2))7KHSRVLWLRQLQIRUPDWLRQIRUWKHVZLWFKEHFRPHV1RW
'XSOLFDWHVPDUWVZLWFK $YDLODEOH5HPRYHWKHGXSOLFDWH6PDUW6ZLWFKWKHQXVH ² ²
6HUYLFH/LQNWRYHULI\WKDWWKHFRUUHFW6PDUW6ZLWFKHVDUH
FRQILJXUHGIRUWKHYHKLFOH)URPWKH%+0VFUHHQFOLFNWKH
)HDWXUHVWDE7KHUHIHUHQFHSDUDPHWHUVWKDWFRQILJXUHWKH
6PDUW6ZLWFKHVDUHLGHQWLILHGLQWKLVOLVW
7KH%+0LVGHWHFWLQJRQHRUPRUHVPDUWVZLWFKHVFRQQHFWHGWR
WKHYHKLFOHWKDWKDYHQRWEHHQFRQILJXUHGZLWK%+0
SDUDPHWHUV8VH6HUYLFH/LQNWRLGHQWLI\ZKLFK6PDUW6ZLWFKHV
DUHFRQILJXUHGIRUWKHYHKLFOH)URPWKH%+0VFUHHQFOLFNWKH
([WUDVPDUWVZLWFK )HDWXUHVWDE7KHUHIHUHQFHSDUDPHWHUVWKDWFRQILJXUHWKH ² ²
6PDUW6ZLWFKHVDUHLGHQWLILHGLQWKLVOLVW'HWHUPLQHLIWKHH[WUD
VZLWFKLVQRWUHTXLUHGIRUWKHYHKLFOHRULIWKHVZLWFKKDVEHHQ
LQVWDOOHGEXWWKHQHFHVVDU\UHIHUHQFHSDUDPHWHUKDVQRWEHHQ
SURJUDPPHGLQWRWKH%+0
%+0PLFURSURFHVVRU
5HSODFHWKH%+0 ² ²
IDXOW
%+0
%%
%'
%+
7KH ZDNHXS FLUFXLWLV SRZHUHGWR D EDWWHU\YROWDJHFLUFXLW2QH %$
:DNHXSFLUFXLWIDXOW RIWKH(&8VXVLQJFLUFXLW(LVKROGLQJWKLVFLUFXLW21RUWKHUH ( &+0
LVDZLULQJIDXOW8VHWKHSURFHGXUHLQVHUYLFHEXOOHWLQ &$
6+0
-&
6(0
-
:KHQWKHZLSHUVZLWFKLVWXUQHGWRWKH2))SRVLWLRQWKH%+0
H[SHFWVWRVHHJURXQGRQWKHSDUNVZLWFKFLUFXLWZLWKLQ
%+0
:LSHUSDUNFLUFXLWIDXOW VHFRQGV7KLVIDXOWLVVHWLIJURXQGLVQRWGHWHFWHG7URXEOHVKRRW
%&
IRUDQRSHQLQFLUFXLWRUDQRSHQSDUNVZLWFKLQWKHZLSHU
PRWRU
7KH,&8UHDGVWKHZLSHUVZLWFKSRVLWLRQDQGVHQGVWKHVWDWXVRI
WKHVZLWFKWRWKH%+07KLVIDXOWEHFRPHVDFWLYHZKHQWKH,&8
:LSHUVZLWFK212))
UHDGVWKDWHLWKHUWKH/2VSHHGRU+,VSHHGLVDFWLYHZKHQWKH & ,&8$
ORJLFIDXOW
ZLSHUVZLWFKLVDOVRLQWKH2))SRVLWLRQ7URXEOHVKRRWIRUD
LQRSHUDWLYHVWDONVZLWFK
7KH,&8UHDGVWKHZLSHUVZLWFKSRVLWLRQDQGVHQGVWKHVWDWXVRI
:LSHUVZLWFK+,/2 WKHVZLWFKWRWKH%+07KLVIDXOWEHFRPHVDFWLYHZKHQWKH,&8
& ,&8$
ORJLFIDXOW UHDGVWKDWERWK/2VSHHGDQG+,VSHHGDUHDFWLYHDWWKHVDPH
WLPH7URXEOHVKRRWIRUDQLQRSHUDWLYHVWDONVZLWFK
Page 96
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0UHDGVWKHPDUNHULQWHUUXSWVPDUWVZLWFK,IWKHVZLWFK
0DUNHULQWHUUXSWVZLWFK LQSXWLVDFWLYDWHGIRUWRRORQJWKLVIDXOWEHFRPHVDFWLYH
YDULDEOH YDULDEOH
IDXOW 7URXEOHVKRRWIRUWKHPDUNHULQWHUUXSWVZLWFKVWXFNLQWKHDFWLYH
SRVLWLRQRUIRUWKHXVHUKROGLQJLWWRRORQJ
7KHVXVSHQVLRQSURSRUWLRQLQJRXWSXWFLUFXLWKDVEHHQ
6XVSHQVLRQ FRPPDQGHG21EXWDLUSUHVVXUHLVQRWGHWHFWHGDWWKH
SURSRUWLRQLQJ²QR SUHVVXUHIHHGEDFNVZLWFK7URXEOHVKRRWIRUDVXVSHQVLRQ YDULDEOH YDULDEOH
SUHVVXUHIHHGEDFN SURSRUWLRQLQJDLUVROHQRLGIDXOWDQGIRUDQDLUSUHVVXUHVZLWFK
RSHQFLUFXLWIDXOW
7KHVXVSHQVLRQSURSRUWLRQLQJRXWSXWFLUFXLWLVFRPPDQGHG2))
6XVSHQVLRQ
EXWDLUSUHVVXUHLVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
SURSRUWLRQLQJ² YDULDEOH YDULDEOH
7URXEOHVKRRWIRUVXVSHQVLRQSURSRUWLRQLQJDLUVROHQRLGIDXOWDQG
SUHVVXUHGHWHFWHG
IRUDLUSUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
7KHVXVSHQVLRQGXPSRXWSXWFLUFXLWKDVEHHQFRPPDQGHG21
6XVSHQVLRQGXPS² EXWDLUSUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
QRSUHVVXUHIHHGEDFN 7URXEOHVKRRWIRUVXVSHQVLRQGXPSDLUVROHQRLGIDXOWDQGIRUDLU
SUHVVXUHVZLWFKRSHQFLUFXLWIDXOW
7KHVXVSHQVLRQGXPSRXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLU
6XVSHQVLRQGXPS² SUHVVXUHLVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHGHWHFWHG 7URXEOHVKRRWIRUVXVSHQVLRQGXPSDLUVROHQRLGIDXOWDQGIRUDLU
SUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLW7KLVIDXOW
LQGLFDWHVWKDWWKHFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLV
)XHOZDWHUVHSDUDWRU GHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJ
KHDWHUFLUFXLW² WKLVFLUFXLWWRJURXQG7URXEOHVKRRWIRUDZLULQJIDXOWVKRUWLQJWKLV &+0
FXUUHQWDERYH FLUFXLWWRJURXQGDQGIRUDVKRUWLQWKHKHDWHU7KHIDXOWUHPDLQV &$
H[SHFWHGYDOXH DFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHU
SUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKH
LJQLWLRQVZLWFKLVF\FOHG
7KHILIWKZKHHOVOLGHRXWSXWFLUFXLWKDVEHHQFRPPDQGHG21
)LIWKZKHHOVOLGH²QR EXWDLUSUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHIHHGEDFN 7URXEOHVKRRWIRUDILIWKZKHHOVOLGHDLUVROHQRLGIDXOWDQGIRUDQ
DLUSUHVVXUHVZLWFKRSHQFLUFXLWIDXOW
7KHILIWKZKHHOVOLGHRXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLU
)LIWKZKHHOVOLGH² SUHVVXUHLVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHGHWHFWHG 7URXEOHVKRRWIRUDILIWKZKHHOVOLGHDLUVROHQRLGIDXOWDQGIRUDQ
DLUSUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
7KH(QGRI)UDPHDLURXWSXWFLUFXLWKDVEHHQFRPPDQGHG21
(QGRIIUDPHDLU²QR EXWDLUSUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHIHHGEDFN 7URXEOHVKRRWIRUDQ(QGRI)UDPHDLUVROHQRLGIDXOWDQGIRUDQ
DLUSUHVVXUHVZLWFKRSHQFLUFXLWIDXOW
7KH(QGRI)UDPHDLURXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLU
(QGRIIUDPHDLU² SUHVVXUHLVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHGHWHFWHG 7URXEOHVKRRWIRUDQ(QGRI)UDPHDLUVROHQRLGIDXOWDQGIRUDQ
DLUSUHVVXUHVZLWFKVKRUWFLUFXLWIDXOW
Page 97
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLW7KLVIDXOWLQGLFDWHV
WKDWWKHFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHGWR
VXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWR
%UDNHDLUGU\HUFLUFXLW
JURXQG8VHWKHVFKHPDWLFLQPRGXOH$WRDVVLVW %+0
²FXUUHQWDERYH
WURXEOHVKRRWLQJWKLVFLUFXLW7KHIDXOWUHPDLQVDFWLYHXQWLOWKH %0
H[SHFWHGYDOXH
LJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH
%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFK
LVF\FOHG
7KHD[OHOLIWRXWSXWFLUFXLWKDVEHHQFRPPDQGHG21EXWDLU
$[OHOLIW²QR SUHVVXUHLVQRWGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK
YDULDEOH YDULDEOH
SUHVVXUHIHHGEDFN 7URXEOHVKRRWIRUD[OHOLIWDLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUH
VZLWFKRSHQFLUFXLWIDXOW
7KHD[OHOLIWRXWSXWFLUFXLWLVFRPPDQGHG2))EXWDLUSUHVVXUH
$[OHOLIW² LVGHWHFWHGDWWKHSUHVVXUHIHHGEDFNVZLWFK7URXEOHVKRRWIRU
YDULDEOH YDULDEOH
SUHVVXUHGHWHFWHG D[OHOLIWDLUVROHQRLGIDXOWDQGIRUDLUSUHVVXUHVZLWFKVKRUW
FLUFXLWIDXOW
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
%+09%$7LQSXW² LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
%+0
YROWDJHEHORZ IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ +
%-
H[SHFWHGYDOXH EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH%+0
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
%+09%$7LQSXW² LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
%+0
YROWDJHEHORZ IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ +
%.
H[SHFWHGYDOXH EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH%+0
7KHRXWSXWFLUFXLWVSRZHUHGE\9%$7ZLOODOOEHLQRSHUDWLYH
%+09%$7LQSXW² 2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRWIRUWKLVILUVW
%+0
YROWDJHEHORZ 7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\EHRSHQ +
%1
H[SHFWHGYDOXH 7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQRXWSXWRUD
VKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH%+0
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
%+09%$7LQSXW² LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
%+0
YROWDJHEHORZ IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ +
%*
H[SHFWHGYDOXH EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH%+0
7KHRXWSXWFLUFXLWVWKDWDUHSRZHUHGE\9%$7ZLOODOOEH
%+09%$7LQSXW² LQRSHUDWLYH2WKHUIDXOWFRGHVPD\EHSUHVHQWEXWWURXEOHVKRRW
%+0
YROWDJHEHORZ IRUWKLVILUVW7KHIXVHLQWKHPDLQ3'0SRZHULQJWKLVFLUFXLWPD\ +
%'
H[SHFWHGYDOXH EHRSHQ7KHURRWFDXVHFRXOGEHH[FHVVLYHORDGVRQDQ
RXWSXWRUDVKRUWWRJURXQGLQWKH9%$7VXSSO\WRWKH%+0
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZLSHUVDUHRSHUDWLQJRQKLJKVSHHG7KLVIDXOW
:LSHUKLJKVSHHG
LQGLFDWHVWKHZLSHUPRWRUKLJKVSHHGFLUFXLWLVRSHQRUWKH %+0
FLUFXLW²FXUUHQWEHORZ
ZLULQJEHWZHHQWKH%+0DQGWKHZLSHUPRWRULVRSHQFLUFXLW %)
H[SHFWHGYDOXH
7HVWIRUDQRSHQZLSHUPRWRUDQGXVHWKHVFKHPDWLFLQPRGXOH
%WRDVVLVWWURXEOHVKRRWLQJWKHFLUFXLW
Page 98
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZLSHUVDUHRSHUDWLQJRQKLJKVSHHG7KLVIDXOW
:LSHUKLJKVSHHG
LQGLFDWHVWKHZLSHUPRWRUKLJKVSHHGFLUFXLWLVVKRUWWRJURXQG %+0
FLUFXLW²FXUUHQWDERYH
RUWKHZLULQJEHWZHHQWKH%+0DQGWKHZLSHUPRWRULVVKRUWWR %)
H[SHFWHGYDOXH
JURXQG8VHWKHVFKHPDWLFLQPRGXOH%WRDVVLVW
WURXEOHVKRRWLQJWKHFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZLSHUVDUHRSHUDWLQJRQORZVSHHG7KLVIDXOW
:LSHUORZVSHHGFLUFXLW
LQGLFDWHVWKHZLSHUPRWRUORZVSHHGFLUFXLWLVRSHQRUWKHZLULQJ %+0
²FXUUHQWEHORZ
EHWZHHQWKH%+0DQGWKHZLSHUPRWRULVRSHQFLUFXLW7HVWIRU %+
H[SHFWHGYDOXH
DQRSHQZLSHUPRWRUDQGXVHWKHVFKHPDWLFLQPRGXOH%WR
DVVLVWWURXEOHVKRRWLQJWKHFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZLSHUVDUHRSHUDWLQJRQORZVSHHG7KLVIDXOW
:LSHUORZVSHHGFLUFXLW
LQGLFDWHVWKHZLSHUPRWRUORZVSHHGFLUFXLWLVVKRUWWRJURXQGRU %+0
²FXUUHQWDERYH
WKHZLULQJEHWZHHQWKH%+0DQGWKHZLSHUPRWRULVVKRUWWR %+
H[SHFWHGYDOXH
JURXQG8VHWKHVFKHPDWLFLQPRGXOH%WRDVVLVW
WURXEOHVKRRWLQJWKHFLUFXLW
:LQGVKLHOGZLSHUKLJK 7KH,&8LVXQDEOHWREURDGFDVWDYDOLGZLSHUKLJKVSHHGVZLWFK
VSHHGVZLWFK²GDWD SRVLWLRQWRWKH%+07URXEOHVKRRWIRUD ZLSHUVZLWFKIDXOWRUIRU ² ,&8$
HUURU ORVVRI-FRPPXQLFDWLRQIURPWKH,&8
:LQGVKLHOG ZLSHU ORZ 7KH,&8LVXQDEOHWREURDGFDVWDYDOLGZLSHUORZVSHHGVZLWFK
VSHHG VZLWFK ² GDWD SRVLWLRQWRWKH%+07URXEOHVKRRWIRUDZLSHUVZLWFKIDXOWRUIRU ² ,&8$
HUURU ORVVRI-FRPPXQLFDWLRQIURPWKH,&8
7KH,&8LVXQDEOHWREURDGFDVWDYDOLGZLSHUVZLWFKSRVLWLRQWR
:LQGVKLHOGZLSHU
WKH%+07URXEOHVKRRWIRUDZLSHUVZLWFKIDXOWRUIRUORVVRI ² ,&8$
VZLWFK²GDWDHUURU
-FRPPXQLFDWLRQIURPWKH,&8
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZDVKHUSXPSLVRSHUDWLQJ7KLVIDXOWLQGLFDWHVWKH
:LQGVKLHOGZDVKHU
ZLQGVKLHOGZDVKHUSXPSLVRSHQFLUFXLWRUWKHZLULQJEHWZHHQ %+0
SXPSFLUFXLW²FXUUHQW
WKH%+0DQGWKHZLQGVKLHOGZDVKHUSXPSLVRSHQFLUFXLW7HVW %*
EHORZH[SHFWHGYDOXH
IRUDQRSHQZDVKHUSXPSDQGXVHWKHVFKHPDWLFLQPRGXOH%
WRDVVLVWWURXEOHVKRRWLQJWKHFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
ZLQGVKLHOGZDVKHUSXPSLVRSHUDWLQJ7KLVIDXOWLQGLFDWHVWKH
ZLQGVKLHOGZDVKHUSXPSLVVKRUWWRJURXQGRUWKHZLULQJ
:LQGVKLHOGZDVKHU EHWZHHQWKH%+0DQGWKHZLQGVKLHOGZDVKHUSXPSLVVKRUWWR
%+0
SXPSFLUFXLW²FXUUHQW JURXQG8VHWKHVFKHPDWLFLQPRGXOH%WRDVVLVW
%*
DERYHH[SHFWHGYDOXH WURXEOHVKRRWLQJWKHFLUFXLW7KHIDXOWUHPDLQVDFWLYHXQWLOWKH
LJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH
%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFK
LVF\FOHG
7KH,&8LVXQDEOHWREURDGFDVWDYDOLGZLQGVKLHOGZDVKHU
:LQGVKLHOGZDVKHU
VZLWFKSRVLWLRQWRWKH%+07URXEOHVKRRWIRUDZDVKHUVZLWFK ² ,&8%
VZLWFK²GDWDHUURU
IDXOWRUIRUORVVRI-FRPPXQLFDWLRQIURPWKH,&8
Page 99
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH,&8LVXQDEOHWREURDGFDVWDYDOLGWXUQVLJQDOVZLWFK
5LJKWWXUQVLJQDOVZLWFK
SRVLWLRQWRWKH%+07URXEOHVKRRWIRUDWXUQVLJQDOVZLWFKIDXOW ² ,&8%
²GDWDHUURU
RUIRUORVVRI-FRPPXQLFDWLRQIURPWKH,&8
7KH,&8LVXQDEOHWREURDGFDVWDYDOLGWXUQVLJQDOVZLWFK
/HIWWXUQVLJQDOVZLWFK
SRVLWLRQWRWKH%+07URXEOHVKRRWIRUDWXUQVLJQDOVZLWFKIDXOW ² ,&8%
²GDWDHUURU
RUIRUORVVRI-FRPPXQLFDWLRQIURPWKH,&8
5LJKWVWRSWXUQODPS² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV &+0
FXUUHQWEHORZ FRPPDQGHG217KLVIDXOWLQGLFDWHVWKHEXOELVRSHQRUWKH 5
&/
H[SHFWHGYDOXH ZLULQJEHWZHHQWKH%+0DQGWKHEXOELVRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
FRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHODPSVFRQQHFWHG
WRWKLVFLUFXLWDUHGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV
5LJKWVWRSWXUQODPS²
GHVLJQHGWRVXSSO\RUWKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLW &+0
FXUUHQWDERYH 5
WRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG &/
H[SHFWHGYDOXH
21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
/HIWVWRSWXUQODPS² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV &+0
FXUUHQWEHORZ FRPPDQGHG217KLVIDXOWLQGLFDWHVWKHEXOELVRSHQRUWKH /
&1
H[SHFWHGYDOXH ZLULQJEHWZHHQWKH%+0DQGWKHEXOELVRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHODPSLV
FRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHODPSVFRQQHFWHG
WRWKLVFLUFXLWDUHGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV
/HIWVWRSWXUQODPS²
GHVLJQHGWRVXSSO\RUWKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLW &+0
FXUUHQWDERYH /
WRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG &1
H[SHFWHGYDOXH
21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
:DNHXS,&8SRZHU
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHZDNH
RXWSXWFLUFXLW² %+0
XS,&8SRZHURXWSXWFLUFXLWLVFRPPDQGHG217KLVIDXOW &
FXUUHQWEHORZ %'
LQGLFDWHVDQRSHQFLUFXLW
H[SHFWHGYDOXH
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHZDNH
:DNHXS,&8SRZHU XS,&8SRZHURXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHV
RXWSXWFLUFXLW² WKDWWKHZDNHXS,&8SRZHUFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQ %+0
&
FXUUHQWDERYH WKHFLUFXLWLVGHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJ %'
H[SHFWHGYDOXH IDXOWVKRUWLQJWKLVFLUFXLWWRJURXQG6RPH%+0FRQILJXUDWLRQV
IRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHVWDUWHU
6WDUWHUUHOD\RXWSXW²
RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKHPDJQHWLF %+0
FXUUHQWEHORZ 6
VZLWFKRUWKHZLULQJEHWZHHQWKH%+0DQGWKHPDJQHWLFVZLWFK %%
H[SHFWHGYDOXH
LVRSHQFLUFXLW
Page 100
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHVWDUWHU
RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHPDJQHWLF
VZLWFKFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV
6WDUWHUUHOD\RXWSXW²
GHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJ %+0
FXUUHQWDERYH 6
WKLVFLUFXLWWRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQ %%
H[SHFWHGYDOXH
LVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
,JQLWLRQDFFHVVRU\ 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH %+0
RXWSXWFLUFXLW² DFFHVVRU\RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVDQ $RU %$RU
FXUUHQWEHORZ RSHQFLUFXLW8VHWKHYHKLFOHVFKHPDWLFVWRGHWHUPLQHZKDW %+0
H[SHFWHGYDOXH GHYLFHVDUHSRZHUHGE\WKLVFLUFXLW %$
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
DFFHVVRU\RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDW
,JQLWLRQDFFHVVRU\ WKHDFFHVVRU\FLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLV %+0
RXWSXWFLUFXLW² GHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJ $RU %$
RU
FXUUHQWDERYH WKLVFLUFXLWWRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQ
H[SHFWHGYDOXH LVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0 %$
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
:
%+0
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHLJQLWLRQ %)
,JQLWLRQRXWSXWFLUFXLW &
RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVDQRSHQFLUFXLW %3
²FXUUHQWEHORZ $
8VHWKHYHKLFOHVFKHPDWLFVWRGHWHUPLQHZKDWGHYLFHVDUH %/
H[SHFWHGYDOXH $
SRZHUHGE\WKLVFLUFXLW %.
&
%$
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHLJQLWLRQ %+0
:
RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHLJQLWLRQ %)
,JQLWLRQRXWSXWFLUFXLW &
FLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLVGHVLJQHGWR %3
²FXUUHQWDERYH $
VXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWR %/
H[SHFWHGYDOXH $
JURXQG6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKH %.
&
LJQLWLRQVZLWFKLVF\FOHG %$
7KH&+0LJQLWLRQLQSXW &+0
7KH%+0LJQLWLRQRXWSXWFLUFXLWLV21DQGWKH&+0LJQLWLRQ
FLUFXLWLVQRWPHDVXULQJ &0
LQSXWFLUFXLWLVPHDVXULQJ2))RUWKHRSSRVLWHFRPELQDWLRQLV
WKHVDPHVWDWHDVWKH & DQG
RFFXUULQJ7KLVFRXOGLQGLFDWHDFRPELQDWLRQRIZLULQJIDXOWVLQ
%+0LJQLWLRQRXWSXW %+0
WKHLJQLWLRQ21FLUFXLWWRWKH&+0
FLUFXLW %$
Page 101
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KHYROWDJHRQWKHLJQLWLRQVZLWFKLQSXWFLUFXLWVLVH[SHFWHGWR
EHDFRPELQDWLRQRIWKHYDOXHVVKRZQEHORZ7KLVIDXOWLVDFWLYH
ZKHQDQ\RIWKH(UURUFRPELQDWLRQVRFFXU7URXEOHVKRRWIRUD
ZLULQJIDXOWEHWZHHQWKHLJQLWLRQVZLWFKDQGWKH%+0RUIRUD
GHIHFWLYHLJQLWLRQVZLWFK
&UDQN %+0
,JQLWLRQVZLWFKFLUFXLWV $&& ,*1
%$ %$ %$ 6WDWH %$
WR%+0DUHLQDQ
2II %$
LQYDOLGFRPELQDWLRQ
$FF %$
(UURU
2Q
(UURU
(UURU
&UDQN
(UURU
8QOHVVWKHWUXFNKDVUHPRWHVWDUWWKLVLVWKHUHPRWHFUDQN
VLJQDO
%+0
%.
DQG
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHWDLO
7DLOODPSFLUFXLW² &+0
ODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKHWDLOODPS
FXUUHQWEHORZ $ &'
FLUFXLWIURPWKH%+0WRWKH&+0RUWKHZLULQJEHWZHHQWKH&+0
H[SHFWHGYDOXH & &(
DQGWKHOLJKWVLVRSHQFLUFXLW
&)
&*
&3
%+0
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHWDLOODPS %.
RXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKHWDLOODPS DQG
7DLOODPSFLUFXLW² FLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHGWRVXSSO\DQG &+0
FXUUHQWDERYH SRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWRJURXQG $ &'
H[SHFWHGYDOXH 7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKH & &(
IDXOWLVQRORQJHUSUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLV &)
FLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG &*
&3
/HIWORZEHDP 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSFLUFXLW² KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKH %+0
/
FXUUHQWEHORZ KHDGODPSFLUFXLWRUWKHZLULQJEHWZHHQWKH%+0DQGWKHODPSLV %5
H[SHFWHGYDOXH RSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
/HIWORZEHDP
KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDW
KHDGODPSFLUFXLW² %+0
WKHKHDGODPSFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHG /
FXUUHQWDERYH %5
WR VXSSO\DQGSRVVLEO\WKHUHLV D ZLULQJIDXOWVKRUWLQJWKLV FLUFXLW
H[SHFWHGYDOXH
WRJURXQG
Page 102
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
5LJKWORZEHDP 7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSFLUFXLW² KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKH &+0
/
FXUUHQWEHORZ KHDGODPSFLUFXLWRUWKHZLULQJEHWZHHQWKH&+0DQGWKHODPS &/
H[SHFWHGYDOXH LVRSHQFLUFXLW
7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
5LJKWORZEHDP
KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDW
KHDGODPSFLUFXLW² &+0
WKHKHDGODPSFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHG /
FXUUHQWDERYH &/
WR VXSSO\DQGSRVVLEO\WKHUHLV D ZLULQJIDXOWVKRUWLQJWKLV FLUFXLW
H[SHFWHGYDOXH
WRJURXQG
/HIWKLJKEHDP 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSFLUFXLW² KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKHOHIW %+0
+
FXUUHQWEHORZ KLJKEHDPKHDGODPSFLUFXLWRUWKHZLULQJEHWZHHQWKH%+0DQG %/
H[SHFWHGYDOXH WKHODPSLVRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKH
/HIWKLJKEHDP OHIWKLJKEHDPKHDGODPSFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLW
KHDGODPSFLUFXLW² LVGHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOW %+0
+
FXUUHQWDERYH VKRUWLQJWKLVFLUFXLWWRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKH %/
H[SHFWHGYDOXH LJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH
%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFK
LVF\FOHG
5LJKWKLJKEHDP 7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSFLUFXLW² KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKH &+0
+
FXUUHQWEHORZ ULJKWKLJKEHDPKHDGODPSFLUFXLWRUWKHZLULQJEHWZHHQWKH &.
H[SHFWHGYDOXH &+0DQGWKHODPSLVRSHQFLUFXLW
7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
KHDGODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKH
5LJKWKLJKEHDP ULJKWKLJKEHDPKHDGODPSFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLW
KHDGODPSFLUFXLW² LVGHVLJQHGWRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOW &+0
+
FXUUHQWDERYH VKRUWLQJWKLVFLUFXLWWRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKH &.
H[SHFWHGYDOXH LJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH
%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFK
LVF\FOHG
+LJK EHDP VZLWFK 7KH%+0LVQRWUHFHLYLQJYDOLGGDWDIURPWKH,&8IRUKLJKEHDP
VWDWXV ² GDWD QRW VZLWFKVWDWXV7URXEOHVKRRWIRUDIDXOWZLWKWKHPXOWLIXQFWLRQ % ,&8%
DYDLODEOH VZLWFKKLJKDQGORZEHDPFLUFXLWVWRWKH,&8
7KHUHDUHWZRKHDGODPS21FLUFXLWVDQGRQHSDUNODPS21
FLUFXLWIURPWKHKHDGOLJKWVZLWFKWRWKH%+0%RWKKHDGODPS21
%+0
+HDGODPSVZLWFK FLUFXLWVPXVWEHDWWKHVDPHYROWDJH7KHSDUNODPSFLUFXLWIURP %%
LQSXWVWR%+0DUHLQ WKHKHDGOLJKWVZLWFKFDQQRWEH21ZKHQWKHKHDGODPSFLUFXLWV %
)
DQLQYDOLGFRPELQDWLRQ DUH217KLVIDXOWZLOOEHDFWLYHZKHQHLWKHURIWKHVHWZRIDXOW %
FRQGLWLRQVDUHSUHVHQW7URXEOHVKRRWIRUDKHDGOLJKWVZLWFKIDXOW %%
DQGDZLULQJIDXOWEHWZHHQWKHKHDGOLJKWVZLWFKDQGWKH%+0
7KHKD]DUGODPSVZLWFKFORVHVDFLUFXLWIURP%+0SLQ%% %+0
+D]DUGODPSVZLWFK²
WKURXJKDUHVLVWRULQWKHVZLWFKXQLWWRJURXQG7URXEOHVKRRWIRU %
FLUFXLWRXWRIUDQJH %%
DIDXOWLQWKHZLULQJRUDQHUURULQWKHVZLWFKDVVHPEO\
Page 103
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHKRUQLV
FRPPDQGHG217URXEOHVKRRWIRUDVKRUWWRJURXQGLQWKH
(OHFWULFKRUQ²
ZLULQJEHWZHHQWKH%+0DQGWKHKRUQ7KHIDXOWUHPDLQVDFWLYH %+0
YROWDJHEHORZ
XQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHU %(
H[SHFWHGYDOXH
SUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKH
LJQLWLRQVZLWFKLVF\FOHG
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHKRUQLV
(OHFWULFKRUQ²FXUUHQW %+0
FRPPDQGHG217URXEOHVKRRWIRUKLJKUHVLVWDQFHRURSHQ
EHORZH[SHFWHGYDOXH %(
FLUFXLWEHWZHHQWKH%+0DQGWKHKRUQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHKRUQLV
FRPPDQGHG217URXEOHVKRRWIRUDVKRUWWRJURXQGLQWKH
(OHFWULFKRUQ²FXUUHQW ZLULQJEHWZHHQWKH%+0DQGWKHKRUQ7KHIDXOWUHPDLQVDFWLYH %+0
DERYHH[SHFWHGYDOXH XQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLVQRORQJHU %(
SUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKH
LJQLWLRQVZLWFKLVF\FOHG
7KH%+0PHDVXUHVWKHFXUUHQWRQWKHGRPHODPSFLUFXLWWKDWLV
'RPHODPSVZLWFKHG
FRQWUROOHGE\WKHGRRUVZLWFKHVZKHQWKHODPSRXWSXWLV %+0
SRZHUFLUFXLW²FXUUHQW '
FRPPDQGHG217KLVIDXOWLQGLFDWHVWKHGRPHODPSEXOERUWKH %%
EHORZH[SHFWHGYDOXH
ZLULQJEHWZHHQWKH%+0DQGWKHOLJKWLVRSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKHGRPHODPSFLUFXLWWKDWLV
FRQWUROOHGE\WKHGRRUVZLWFKHVZKHQWKHODPSRXWSXWLV
FRPPDQGHG217KLVIDXOWLQGLFDWHVWKHGRPHODPSFLUFXLWLV
'RPHODPSVZLWFKHG
GUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHGWRVXSSO\DQGSRVVLEO\ %+0
SRZHUFLUFXLW²FXUUHQW '
WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWRJURXQG7KHIDXOW %%
DERYHH[SHFWHGYDOXH
UHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG21ZKHQWKHIDXOWLV
QRORQJHUSUHVHQW6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLW
RIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
7KH%+0PHDVXUHVWKHYROWDJHRQWKLVFLUFXLWZKHQWKHOLJKWHU
RXWSXWLVSRZHUHG217KLVIDXOWLQGLFDWHVWKHOLJKWHUFLUFXLWLV
PHDVXULQJORZHUYROWDJHWKDQWKH%+0H[SHFWV7URXEOHVKRRW
&LJDUOLJKWHUFLUFXLW²
IRUDVKRUWWRJURXQGRUIRUWRRPDQ\DFFHVVRULHVFRQQHFWHGWR %+0
YROWDJHEHORZ
WKLVFLUFXLW7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG %)
H[SHFWHGYDOXH
21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
&LJDUOLJKWHUFLUFXLW² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLW7KLVIDXOW %+0
FXUUHQWEHORZ LQGLFDWHVWKHOLJKWHURUWKHOLJKWHUFLUFXLWEHWZHHQWKH%+0DQG
%)
H[SHFWHGYDOXH WKHOLJKWHULVKLJKUHVLVWDQFHRURSHQFLUFXLW
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHOLJKWHU
RXWSXWLVSRZHUHG217KLVIDXOWLQGLFDWHVWKHOLJKWHUFLUFXLWLV
&LJDUOLJKWHUFLUFXLW²
GUDZLQJPRUHFXUUHQWWKDQWKHFLUFXLWLVGHVLJQHGWRVXSSO\ %+0
FXUUHQWDERYH
7URXEOHVKRRWIRUDVKRUWWRJURXQGRUWRRPDQ\DFFHVVRULHV %)
H[SHFWHGYDOXH
FRQQHFWHGWRWKLVFLUFXLW6RPH%+0FRQILJXUDWLRQVIRUFHWKLV
FLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLVF\FOHG
6PDUWVZLWFKEDWWHU\ 7KH%+0PHDVXUHVWKHFXUUHQWRQWKHVPDUWVZLWFKSRZHU
%+0
SRZHUFLUFXLW²FXUUHQW FLUFXLW7URXEOHVKRRWIRUDQRSHQFLUFXLWEHWZHHQWKH%+0DQG
%$
EHORZH[SHFWHGYDOXH WKHVPDUWVZLWFKHV
Page 104
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKHGRPHODPSFLUFXLWWKDWLV
SRZHUHGE\WKH%+07KLVFLUFXLWLVSRZHUHG21ZKHQWKH
'RPHODPSEDWWHU\ %+0LVLQDZDNHVWDWH7KLVIDXOWLQGLFDWHVWKHGRPHODPS
%+0
SRZHUFLUFXLW²FXUUHQW FLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHGWRVXSSO\DQG
%$
DERYHH[SHFWHGYDOXH SRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLWWRJURXQG
6RPH%+0FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQ
VZLWFKLVF\FOHG
7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHEDFNXS &+0
%DFNXSODPSFLUFXLW²
ODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKHEDFNXS &$
FXUUHQWEHORZ %
ODPSFLUFXLWRUWKHZLULQJEHWZHHQWKH&+0DQGWKHODPSLV &+
H[SHFWHGYDOXH
RSHQFLUFXLW &-
7KH&+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKHEDFNXS
ODPSRXWSXWLVFRPPDQGHG217KLVIDXOWLQGLFDWHVWKDWWKH
EDFNXSODPSFLUFXLWLVGUDZLQJPRUHFXUUHQWWKDQLWLVGHVLJQHG &+0
%DFNXSODPSFLUFXLW²
WRVXSSO\DQGSRVVLEO\WKHUHLVDZLULQJIDXOWVKRUWLQJWKLVFLUFXLW &$
FXUUHQWDERYH %
WRJURXQG7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLVWXUQHG &+
H[SHFWHGYDOXH
21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0 &-
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
EDFNOLJKWLQJLV217URXEOHVKRRWIRUDVKRUWWRJURXQGLQWKH
%DFNOLJKWLQJFLUFXLW²
EDFNOLJKWLQJFLUFXLWV7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLV %+0
YROWDJHEHORZ $
WXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0 %+
H[SHFWHGYDOXH
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
%DFNOLJKWLQJFLUFXLW² 7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH %+0
FXUUHQWEHORZ EDFNOLJKWLQJLV217URXEOHVKRRWIRUDQRSHQFLUFXLWLQWKH $
%+
H[SHFWHGYDOXH EDFNOLJKWLQJZLULQJ
7KH%+0PHDVXUHVWKHFXUUHQWRQWKLVFLUFXLWZKHQWKH
EDFNOLJKWLQJLV217URXEOHVKRRWIRUDVKRUWWRJURXQGLQWKH
%DFNOLJKWLQJFLUFXLW²
EDFNOLJKWLQJFLUFXLWV7KHIDXOWUHPDLQVDFWLYHXQWLOWKHLJQLWLRQLV %+0
FXUUHQWDERYH $
WXUQHG21ZKHQWKHIDXOWLVQRORQJHUSUHVHQW6RPH%+0 %+
H[SHFWHGYDOXH
FRQILJXUDWLRQVIRUFHWKLVFLUFXLWRIIXQWLOWKHLJQLWLRQVZLWFKLV
F\FOHG
7KH%+0LVLQDQRQUHFRYHUDEOHERRWPRGH5HSODFHWKH%+0
&RPSRQHQW,'
DQGFRQWDFWWKHKHOSGHVNWRDUUDQJHIRUVKLSSLQJWKLV%+0WR ² ²
PLVPDWFK
'71$HQJLQHHULQJ
$SSOLFDWLRQWR 5HIODVKWKH%+0²GLVFRQQHFW6HUYLFH/LQNDQGF\FOHWKH
² ²
SDUDPHWHUVIDLO LJQLWLRQVZLWFK
3DUDPHWHUGDWDIDLOV 5HIODVKWKH%+0²GLVFRQQHFWVHUYLFHOLQNDQGF\FOHWKH
² ²
FKHFNVXP LJQLWLRQVZLWFK
$SSOLFDWLRQFRGHIDLOV 5HIODVKWKH%+0²GLVFRQQHFWVHUYLFHOLQNDQGF\FOHWKH
² ²
FKHFNVXP LJQLWLRQVZLWFK
%RRWEORFNFKHFNVXP
7KH%+0LVLQDQRQUHFRYHUDEOHERRWPRGH5HSODFHWKH%+0 ² ²
IDLO
Page 105
-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
(&8
631 )0, )DXOW'HVFULSWLRQ 'LDJQRVLV &LUFXLW &RQQ
3LQ
7KH%+0LVLQDQRQUHFRYHUDEOHERRWPRGH5HSODFHWKH%+0
%RRWKROGOLQHLVDFWLYH DQGFRQWDFWWKHKHOSGHVNWRDUUDQJHIRUVKLSSLQJWKLV%+0WR ² ²
'71$HQJLQHHULQJ
5$0WHVWIDLOV 7KH%+0LVLQDQRQUHFRYHUDEOHERRWPRGH5HSODFHWKH%+0 ² ²
7DEOH-)DXOW&RGHV)URP%XONKHDG0RGXOH6$
Page 106
S ‐T‐LINER C2E HYBRID
AF
EATON CODES
Page 107
)DXOW&RGH,VRODWLRQ3URFHGXUH,QGH[
,QGH[
)DXOW&RGH 631 )0, 'HVFULSWLRQ 3DJH1XPEHU
0RWRU*HQHUDWRU&XUUHQW6HQVRU SDJH
0RWRU*HQHUDWRU7HPSHUDWXUH SDJH
6HQVRU
0RWRU*HQHUDWRU7HPSHUDWXUH SDJH
0RWRU*HQHUDWRU5RWDWLRQ6SHHG SDJH
6HQVRU
0RWRU*HQHUDWRU$&&DEOH SDJH
1R(&82SHUDWLRQ+&0 SDJH
,PSURSHU(&8&RQILJXUDWLRQ SDJH
+&0
/RVVRI6ZLWFKHG,JQLWLRQ3RZHU SDJH
)DXOW+&0
:HDN%DWWHU\9ROWDJH+&0 SDJH
/RZ%DWWHU\9ROWDJH+&0 SDJH
1R(&82SHUDWLRQ7(&8 SDJH
,PSURSHU(&8&RQILJXUDWLRQ SDJH
7(&8
,QYDOLG6KLIWHU5DQJH SDJH
+LJK,QWHJULW\/LQN+,/ SDJH
6WDUW(QDEOH5HOD\ SDJH
(&$&RPPXQLFDWLRQ SDJH
&$1(&$0HVVDJH SDJH
-$%60HVVDJH+&0 SDJH
-+&00HVVDJH7(&8 SDJH
&OXWFK6OLS SDJH
&OXWFK'LVHQJDJHPHQW SDJH
/RVVRI6ZLWFKHG,JQLWLRQ3RZHU SDJH
7(&8
/RZ%DWWHU\9ROWDJH7(&8 SDJH
:HDN%DWWHU\9ROWDJH7(&8 SDJH
-&RPPXQLFDWLRQ/LQN SDJH
-(QJLQH0HVVDJH7(&8 SDJH
3RZHU6XSSO\7(&8 SDJH
%DWWHU\)DQ5HOD\ SDJH
+HDW([FKDQJHU5HOD\ SDJH
&RROLQJ3XPS5HOD\ SDJH
-7UDQVPLVVLRQ0HVVDJH SDJH
+&0
-(QJLQH0HVVDJH+&0 SDJH
Page 108
)DXOW&RGH,VRODWLRQ3URFHGXUH,QGH[ ,QGH[
)DXOW&RGH 631 )0, 'HVFULSWLRQ 3DJH1XPEHU
-%RG\&RQWUROOHU0HVVDJH SDJH
+&0
5DLO3RVLWLRQ6HQVRU SDJH
*HDU3RVLWLRQ6HQVRU SDJH
'&'&&RQYHUWHU SDJH
'&'&&RQYHUWHU2XWSXW9ROWDJH SDJH
,QSXW6KDIW6SHHG6HQVRU SDJH
2XWSXW6KDIW6SHHG6HQVRU SDJH
-&RPPXQLFDWLRQ/LQN SDJH
+&0
&$1&RPPXQLFDWLRQ/LQN+&0 SDJH
5DLO6HOHFW0RWRU SDJH
*HDU6HOHFW0RWRU SDJH
(&$ SDJH
(&$6SHHG6HQVRU SDJH
(&$%DWWHU\9ROWDJH SDJH
(&$,JQLWLRQ9ROWDJH SDJH
*UDGH6HQVRU SDJH
(QJLQH)DLOHGWR5HVSRQG+&0 SDJH
)DLOHGWR'LVHQJDJH*HDU SDJH
)DLOHGWR6HOHFW5DLO SDJH
)DLOHGWR(QJDJH*HDU SDJH
(QJLQH)DLOHGWR5HVSRQG SDJH
7(&8
3RZHU'RZQ,Q*HDU SDJH
+LJK9ROWDJH%DWWHU\3RWHQWLDO SDJH
9ROWDJH
+LJK9ROWDJH%DWWHU\&XUUHQW SDJH
+LJK9ROWDJH%DWWHU\ SDJH
7HPSHUDWXUH
,QYDOLG6KLIWHU5DQJH SDJH
6KLIW&RQWURO'HYLFH1RW SDJH
&RQILJXUHG
6KLIW&RQWURO'HYLFH,QFRPSDWLEOH SDJH
,QYHUWHU&$10HVVDJH+&0 SDJH
%&8&$10HVVDJH+&0 SDJH
7UDQVIHU&DVH0HVVDJH SDJH
YROW&UDQNLQJ5HOD\ SDJH
372(QJDJHPHQW SDJH
+LJK9ROWDJH%DWWHU\ SDJH
Page 109
,QGH[ )DXOW&RGH,VRODWLRQ3URFHGXUH,QGH[
)DXOW&RGH 631 )0, 'HVFULSWLRQ 3DJH1XPEHU
%DWWHU\&RQWURO8QLW SDJH
&RPPXQLFDWLRQ
%DWWHU\&RQWURO8QLW SDJH
+LJK9ROWDJH%DWWHU\/HDN SDJH
'HWHFWLRQ
%DWWHU\&RQWURO8QLW3RZHU SDJH
6XSSO\
,QYHUWHU SDJH
,QYHUWHU&RPPXQLFDWLRQ SDJH
,QYHUWHU9ROWDJH SDJH
,QYHUWHU&XUUHQW SDJH
,QYHUWHU3RZHU6XSSO\ SDJH
,QYHUWHU7HPSHUDWXUH SDJH
+LJK9ROWDJH5HOD\V SDJH
+LJK9ROWDJH5HOD\V SDJH
%&85HOD\&XW5HTXHVW SDJH
$X[LOLDU\+LJK9ROWDJH5HOD\ SDJH
&RQWURO&LUFXLW
$3*8QLW$&9ROWDJH SDJH
$3*8QLW2XWSXW SDJH
$3*8QLW+LJK9ROWDJH SDJH
%DWWHU\
$3*8QLW2YHU7HPSHUDWXUH SDJH
$3*8QLW&RQILJXUDWLRQ SDJH
$3*8QLW$PELHQW$LU2YHU SDJH
7HPSHUDWXUH
$3*8QLW&$1 SDJH
$3*8QLW&RQILJXUDWLRQ(UURU SDJH
Page 110
6\PSWRP'ULYHQ'LDJQRVWLFV,QGH[
,QGH[
6\PSWRP ,VRODWLRQ3URFHGXUH 3DJH
1XPEHU
3RZHUXSQRFUDQNDQG*HDU'LVSOD\VKRZVD )URQW%R[7HVW SDJH
³´
3RZHUXSQRFUDQNDQG*HDU'LVSOD\VKRZVD (QJLQH&UDQN7HVW SDJH
³1´
3RZHUXSQRFUDQNDQG*HDU'LVSOD\VKRZV³ 3RZHU8S6HTXHQFH7HVW SDJH
´³
´RUEODQN
3RZHUXSYHKLFOHFUDQNVDQG*HDU'LVSOD\ 5HIHUWR2(0IRUJHDUGLVSOD\LVVXH
VKRZV ³´³
´RUEODQN
9HKLFOHDFFHOHUDWLRQSHUIRUPDQFHLVQRW +\EULG3HUIRUPDQFH7HVW SDJH
DFFHSWDEOH
7UDQVPLVVLRQZLOOQRWHQJDJHDJHDUIURP *HDU(QJDJHPHQW7HVW SDJH
QHXWUDODQGZDUQLQJWRQHVRXQGVVROLG³1´LQ
JHDUGLVSOD\
7UDQVPLVVLRQZLOOQRWPRYHIURPDVWRSVROLG *HDU(QJDJHPHQW7HVW SDJH
JHDUQXPEHULQJHDUGLVSOD\
7UDQVPLVVLRQZLOOQRWHQJDJHDJHDUIURP )URQW%R[7HVW SDJH
QHXWUDOIODVKLQJJHDUQXPEHULQJHDUGLVSOD\
5HG³6HUYLFH´ODPSRQWKHSXVKEXWWRQVKLIW )DXOW&RGH5HWULHYDODQG&OHDULQJ SDJH
FRQWUROLVRQEOLQNLQJ
$PEHU³&KHFN+\EULG´ODPSRQWKHGDVKLVRQ )DXOW&RGH5HWULHYDODQG&OHDULQJ SDJH
5HG³6WRS+\EULG´ODPSRQWKHGDVKLVRQ )DXOW&RGH5HWULHYDODQG&OHDULQJ SDJH
H372PRGHGRHVQRWRSHUDWHDVH[SHFWHG H3727HVW SDJH
Page 111
3URGXFW'LDJQRVWLF0RGH3'0
3URGXFW'LDJQRVWLF0RGH3'0LVXVHGWRKHOSGLDJQRVHLQDFWLYHFRGHVWKDWPD\KDYHEHHQVHW
GXULQJQRUPDOGULYLQJ7KLVGLDJQRVWLFPRGHLQFUHDVHVWKHVHQVLWLYLW\RIWKHIDXOWVHQVLQJ
FDSDELOLWLHV
7KLVSURFHGXUHWHVWVORRVHGHJUDGHGDQGLQWHUPLWWHQWFRQQHFWLRQV8VHWKHDFWLYHIDXOWLVRODWLRQ
SURFHGXUHWRJXLGH\RXWRWKHZLULQJDQGFRQQHFWRUVWKDWDUHDVVRFLDWHGZLWKWKHLQDFWLYHIDXOW
FRGHV)OH[WKHZLULQJKDUQHVVDQGFRQQHFWRUVDQGDWWHPSWWRUHFUHDWHWKHIDXOWDIWHUDFWLYDWLQJ
3'0
3'0LVRQO\WREHXVHGE\DWUDLQHGVHUYLFHWHFKQLFLDQLQDQDXWKRUL]HGGHDOHU
7RHQWHU3'0PRGH
1RWH 7KHYHKLFOHZLOOQRWVWDUWLQ3URGXFW'LDJQRVWLF0RGH3'0<RXPXVWWXUQYHKLFOHNH\
³2))´DQGDOORZWKHV\VWHPWRSRZHUGRZQWRH[LW3'0
9HKLFOHPXVWEHVWDWLRQDU\HQJLQHPXVWQRWEHUXQQLQJYHKLFOHSDUNLQJEUDNHPXVWEHVHW
&RQQHFW6HUYLFH5DQJHUWRWKHSLQGLDJQRVWLFFRQQHFWRU
6HOHFWWKH³9LHZ)DXOW&RGHV´VFUHHQ
3HUIRUPWZRNH\FOLFNVRIWKHLJQLWLRQVZLWFKVWDUWLQJLQWKH³21´SRVLWLRQDQGHQGLQJLQWKH
³21´SRVLWLRQ
1RWH $Q³´PD\VKRZXSLQWKHGDVKDWNH\RQZKLFKLVDQRUPDOSRZHUXSWHVWRIWKHGLVSOD\
7KHJHDUGLVSOD\ZLOOIODVKDVROLG³3'´3URGXFW'LDJQRVWLF0RGHDQGWKHPRGHZLOOEH
DFWLYDWHG
)OH[WKHZLULQJKDUQHVVDQGFRQQHFWRUVDQGDWWHPSWWRUHFUHDWHWKHIDXOW
,IDIDXOWEHFRPHVDFWLYHGXULQJ3'06HUYLFH5DQJHUZLOOGLVSOD\WKHIDXOWZLWKDVWDWXVRI
DFWLYH
,IDIDXOWLVGHWHFWHGH[LW3'0PRGHDQGSHUIRUPWKHFRUUHVSRQGLQJ³)DXOW,VRODWLRQ
3URFHGXUH´SDJH
1RWH $FWLYHFRGHVVHWGXULQJ3'0PRGHZLOOQRWEHVWRUHGDVLQDFWLYH
7RH[LW3'0PRGHSRZHUWKHV\VWHPGRZQE\WXUQLQJWKHNH\WRWKH³2))´SRVLWLRQ
3'0ZLOORQO\ZRUNZLWKWKHIROORZLQJLQDFWLYHFRGHV
Page 112
+\EULG/DPSDQG *HDU 'LVSOD\ 'HVFULSWLRQV
$OO(DWRQ+\EULGV\VWHPVXVHDFRPELQDWLRQRIWKUHHODPSVWRLQGLFDWHIDLOXUHVRIGLIIHUHQW
RSHUDWLQJV\VWHPVDQGWKHDELOLW\RIWKHYHKLFOHWRGULYH7KHVHODPSVLQFOXGHWKHUHG³6HUYLFH´
ODPSDPEHU³&KHFN+\EULG´ODPSDQGWKHUHG³6WRS+\EULG´ODPS7KHGHWDLOVIRUHDFKODPSDUH
LQFOXGHGEHORZ
UHG³6HUYLFH´/DPS
7KLVODPSLVORFDWHGRQWKH3XVK%XWWRQ6KLIW&RQWURODQGUHDGV³6(59,&(´
7KLVODPSLVWXUQHGRQDQGRIIE\WKH7UDQVPLVVLRQ(OHFWURQLF&RQWURO8QLW7(&8IRU
$XWRPDWHG7UDQVPLVVLRQVIDXOWVRYHUWKH+LJK,QWHJULW\/LQN+,/
7KLVODPSDOVRFRPHVRQPRPHQWDULO\DWNH\RQWKHQJRHVRXWDVSDUWRIWKH7(&8VHOIWHVW
DPEHU³&KHFN+\EULG´/DPS
7KLVODPSLVORFDWHGQHDUWKHPLGGOHRIWKHGDVK7KHODPSLVDPEHUDQGFRQWDLQVZRUGLQJ
EHORZVWDWLQJ³&KHFN+\EULG´
7KLVODPSLVWXUQHGRQDQGRIILQGLUHFWO\E\WKH+\EULG&RQWURO0RGXOH+&0DQGGLUHFWO\E\
WKH%RG\&RQWUROOHURYHU-
7KLVODPSLVWXUQHGRQZKHQD+\EULGV\VWHPIDXOWLVDFWLYH
:KHQWKHDPEHUODPSLVRQWKHYHKLFOHFDQVWLOOEHGULYHQKRZHYHUWKHYHKLFOHPD\RSHUDWH
ZLWKRXW+\EULGHOHFWULFDVVLVW
UHG³6WRS+\EULG´/DPS
7KLVODPSLVORFDWHGQHDUWKHPLGGOHRIWKHGDVK7KHODPSLVUHGDQGFRQWDLQVZRUGLQJEHORZ
VWDWLQJ³6WRS+\EULG´
7KLVODPSLVWXUQHGRQDQGRIILQGLUHFWO\E\WKH+\EULG&RQWURO0RGXOH+&0DQGGLUHFWO\E\
WKH%RG\&RQWUROOHURYHU-
7KLVODPSLVWXUQHGRQZKHQD+\EULGV\VWHPIDXOWLVDFWLYH
:KHQWKHUHGODPSLVRQWKHYHKLFOHVKRXOGQRWEHGULYHQ+DYHWKHYHKLFOHWRZHGRUWUDLOHUHG
WRWKH2(0WUXFNGHDOHUVKLS
%OLQNLQJDPEHU³&KHFN+\EULG´/DPS
7KHPDMRULW\RIYHKLFOHVKDYHDUHGVWRSVZLWFKRQWKHIURQWRIWKH3RZHU(OHFWURQLFV&DUULHU
3(&,IWKLVVZLWFKLVSXVKHGLQWKHDPEHU³&KHFN+\EULG´ODPSZLOOEOLQN7RUHVHWSXOOWKH
VZLWFKRXWDQGWXUQWKHNH\RIIIRUPLQXWHV,IWKHODPSUHPDLQVRQJRWRWKH³+\EULG
'LDJQRVWLF3URFHGXUHRQSDJHDQGVWDUWZLWKVWHS³5HWULHYH$FWLYH)DXOWVZLWK
6HUYLFH5DQJHU´<RXVKRXOGKDYHDQDFWLYH)DXOW&RGH)0,RU)DXOW&RGH)0,
&RQWLQXHWRWKHGLDJQRVWLFWHVWIRUWKHIDXOWWKDWLVFXUUHQWO\DFWLYH
³67´LQ*HDU'LVSOD\
$³67´LQWKHJHDUGLVSOD\LQGLFDWHVDGULYHUWULJJHU6QDSVKRWZDVUHFRUGHG6QDSVKRWLVD
GLDJQRVWLFWRROWKDWLVXVHGWRFDSWXUHVSHFLILFGDWDDWWKHWLPHRIDIDXOW,WLVWULJJHUHGWKURXJK
WZRGLIIHUHQWPHDQVOLVWHGEHORZ
D )DXOWFRGHWULJJHUHG6SHFLILFIDXOWVZLOOWULJJHUWKH+&0RU7(&8WRFDSWXUHD6QDSVKRW
ILOHIRUODWHUUHWULHYDO7KLVPHWKRGZLOOQRWGLVSOD\DQG³67´LQWKHJHDUGLVSOD\
E 'ULYHUWULJJHUHG,IWKHGULYHUFKRRVHVWRFDSWXUHD6QDSVKRWRIDQHYHQWKHQHHGVWR
GHFLGHLIKHZDQWV7(&8RU+&0GDWD7RFDSWXUHD7(&86QDSVKRWVHOHFW³/RZ´DQG
WKHXSEXWWRQWZLFH7RFDSWXUHD+&06QDSVKRWVHOHFW³'ULYH´RU³/RZ´DQGWKHXSEXWWRQ
DQGWKHGRZQEXWWRQ
Page 113
+\EULG/DPSDQG*HDU'LVSOD\'HVFULSWLRQV
³3'´LQ*HDU'LVSOD\
$³3'´LQWKHJHDUGLVSOD\LQGLFDWHVWKH7(&8DQG+&0DUHLQDVSHFLDOGLDJQRVWLFPRGH
FDOOHG3URGXFW'LDJQRVWLF0RGH3'0)RUPRUHGHWDLOVRQWKHPRGHDQGLWVRSHUDWLRQVHH
WKH3URGXFW'LDJQRVWLF0RGHRQSDJH
³&$´LQ*HDU'LVSOD\
$³&$´LQWKHJHDUGLVSOD\LQGLFDWHVWKH+&0LVGHWHFWLQJDFOXWFKDEXVHVLWXDWLRQ,IWKH
YHKLFOHGHWHFWVDFOXWFKDEXVHVLWXDWLRQLWZLOOILUVWWRQHWKH3XVK%XWWRQ6KLIW&RQWURODQGIODVK
D³&$´LQWKHJHDUGLVSOD\,IWKHFOXWFKDEXVHVLWXDWLRQFRQWLQXHVWKH+\EULGV\VWHPZLOORQO\
DOORZDQHOHFWULFRQO\ODXQFKLQDGGLWLRQWRFRQWLQXLQJWKHWRQHDQGWKH³&$´,IWKHFOXWFKDEXVH
FRQWLQXHVZKLOHGULYLQJWKH+\EULGV\VWHPZLOORSHQWKHFOXWFKRQFHYHKLFOHVSHHGLVEHORZ
PSKDQGDOORZWKHFOXWFKWRFRRO
³26´LQ*HDU'LVSOD\
$³26´LQWKHJHDUGLVSOD\LQGLFDWHVWKH+&0LVGHWHFWLQJDPRWRURYHUVSHHGVLWXDWLRQ7KH
YHKLFOHZLOOXSVKLIWLQ'ULYHDQG/RZDXWRPDWLFDOO\KRZHYHULIWKHXVHULVLQ0DQXDOWKH\
SHUIRUPWKHXSVKLIWXQOHVVWKHYHKLFOHLVFORVHWRWKHPRWRURYHUVSHHG,IWKHYHKLFOHLV
GHVFHQGLQJDORQJVWHHSJUDGHLQWRSJHDUWKHGULYHUPD\VHHDQ³26´LQGLFDWLQJKHQHHGVWR
GHSUHVVWKHVHUYLFHEUDNHSHGDOWRVORZWKHYHKLFOH7KH+&0ZLOOQRUPDOO\VKLIWWKHYHKLFOHRU
UHGXFHWRUTXHWRSUHYHQWWKHPRWRUIURPJRLQJRYHUVSHHG
³)´LQ*HDU'LVSOD\
$³)´LQWKHJHDUGLVSOD\LQGLFDWHVWKH7(&8KDVGHWHFWHGDQDFWLYHIDXOW7KLVIDXOWFDQEH
DFFHVVHGZLWK6HUYLFH5DQJHU6HHWKH)DXOW&RGH,VRODWLRQ3URFHGXUH,QGH[VWDUWLQJRQ
SDJH
³´LQ*HDU'LVSOD\
$³´LQWKHJHDUGLVSOD\LQGLFDWHVWKHWUDQVPLVVLRQLVVWXFNLQJHDU6HHWKH6\PSWRP'ULYHQ
'LDJQRVWLF,QGH[RQSDJH
³
´LQ*HDU'LVSOD\
$³
´LQWKHJHDUGLVSOD\LQGLFDWHVWKHJHDUGLVSOD\KDVSRZHUEXWQRFRPPXQLFDWLRQRQWKH
GDWDOLQN6HHWKH6\PSWRP'ULYHQ'LDJQRVWLF,QGH[RQSDJH
³´LQ*HDU'LVSOD\
$³´LQWKHJHDUGLVSOD\LQGLFDWHVWKHJHDUGLVSOD\KDVSRZHUDQGWKHUHLVQRFRPPXQLFDWLRQ
SUHVHQWRQWKHGDWDOLQNRUWKH7(&8LVQ¶WFRPPXQLFDWLQJZLWKWKHGLVSOD\6HHWKH6\PSWRP
'ULYHQ'LDJQRVWLF,QGH[RQSDJH
%ODQN*HDU'LVSOD\
$%ODQNJHDUGLVSOD\LQGLFDWHVWKHGLVSOD\KDVORVWSRZHURUWKH7(&8LVQ¶WFRPPXQLFDWLQJ
ZLWKWKHJHDUGLVSOD\6HHWKH6\PSWRP'ULYHQ'LDJQRVWLF,QGH[RQSDJH
Page 114
PAGE INTENTIONALLY LEFT BLANK
DASH RETRIEVED FAULT CODES
C O N V E N T I O N A L FS 65
S A F ‐ T‐ L I N E R C2, C2 E H Y B R I D
S A F ‐ T‐ L I N E R HDX , HD, E R
S A F ‐ T‐L I N E R E F, E FX
ALL YEARS