DZIENNIK USTAW
RZECZYPOSPOLITEJ POLSKIEJ
Warszawa, dnia 7 listopada 2014 r.
Poz. 1542
52=325=Ą'=(1,(
0,1,675$ĝ52'2:,6.$1)
]GQLDSDĨG]LHUQLNDU
ZVSUDZLHZ\PDJDĔZ]DNUHVLHSURZDG]HQLDSRPLDUyZZLHONRĞFLHPLVMLRUD]SRPLDUyZLORĞFLSRELHUDQHMZRG\2) 1DSRGVWDZLHDUWXVWXVWDZ\]GQLDNZLHWQLDU±3UDZRRFKURQ\ĞURGRZLVND']8]USR]
]SyĨQ]P3)]DU]ąG]DVLĊFRQDVWĊSXMH
5R]SRU]ąG]HQLHRNUHĞODZ\PDJDQLDZ]DNUHVLHSRPLDUyZZLHONRĞFLHPLVMLRUD]SRPLDUyZLORĞFLSRELHUDQHMZRG\
GRNWyU\FKSURZDG]HQLDVąRERZLą]DQLSURZDG]ąF\LQVWDODFMĊRUD]XĪ\WNRZQLNXU]ąG]HQLDZW\P
SU]\SDGNLZNWyU\FKVąZ\PDJDQHFLąJáHSRPLDU\HPLVML]LQVWDODFMLĨUyGáDVSDODQLDSDOLZDOER]XU]ąG]HQLDVSDODQLD
OXEZVSyáVSDODQLDRGSDGyZ
SU]\SDGNLZNWyU\FKVąZ\PDJDQHRNUHVRZHSRPLDU\HPLVML]LQVWDODFMLĨUyGáDVSDODQLDSDOLZDOER]XU]ąG]HQLDVSD-
ODQLDOXEZVSyáVSDODQLDRGSDGyZRUD]F]ĊVWRWOLZRĞFLSURZDG]HQLDW\FKSRPLDUyZ
]DNUHVZ\NRQ\ZDQLDQLHNWyU\FKSRPLDUyZ
UHIHUHQF\MQHPHWRG\NLZ\NRQ\ZDQLDSRPLDUyZ
VSRVyEHZLGHQFMRQRZDQLDSU]HSURZDG]RQ\FKSRPLDUyZ
&LąJáHOXERNUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODQDVWĊSXMąF\FKĨUyGHáVSDODQLDSDOLZ
RNUHĞORQ\FKZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWXVWDZ\]GQLDNZLHWQLDU±3UDZR
RFKURQ\ĞURGRZLVND]ZDQHMGDOHMÄXVWDZą´ZW\PWXUELQJD]RZ\FKEH]Z]JOĊGXQDGDWĊZ\GDQLDGHF\]MLRSR]ZR-
OHQLXQDEXGRZĊOXERGGDQLDWXUELQ\GRXĪ\WNRZDQLD
VLOQLNyZ'LHVOD
NRWáyZRG]\VNQLFRZ\FKZLQVWDODFMDFKGRSURGXNFMLPDV\FHOXOR]RZHM
±Z\PDJDMąF\FKSR]ZROHQLDQDZSURZDG]DQLHJD]yZOXES\áyZGRSRZLHWU]DDOERSR]ZROHQLD]LQWHJURZDQHJR]ZDQ\FK
GDOHMÄĨUyGáDPL´
1) 0LQLVWHUĝURGRZLVNDNLHUXMHG]LDáHPDGPLQLVWUDFMLU]ąGRZHM±ĞURGRZLVNRQDSRGVWDZLHXVWSNWUR]SRU]ąG]HQLD3UH]HVD
5DG\0LQLVWUyZ]GQLDZU]HĞQLDUZVSUDZLHV]F]HJyáRZHJR]DNUHVXG]LDáDQLD0LQLVWUDĝURGRZLVND']8SR]
2) 1LQLHMV]HUR]SRU]ąG]HQLHZ]DNUHVLHVZRMHMUHJXODFMLZGUDĪDQDVWĊSXMąFHG\UHNW\Z\8QLL(XURSHMVNLHM
G\UHNW\ZĊ5DG\(:*]GQLDPDUFDUZVSUDZLHRJUDQLF]DQLD]DQLHF]\V]F]HQLDĞURGRZLVNDD]EHVWHPL]DSR-
ELHJDQLDWHPX]DQLHF]\V]F]HQLX']8U]:(/]VWU]SyĨQ]P']8U]8(3ROVNLHZ\GDQLHVSHFMDOQH
UR]G]WVWU
G\UHNW\ZĊ:(3DUODPHQWX(XURSHMVNLHJRL5DG\]GQLDSDĨG]LHUQLNDUZVSUDZLHRJUDQLF]HQLDHPLVMLQLHNWy-
U\FK]DQLHF]\V]F]HĔGRSRZLHWU]D]GXĪ\FKRELHNWyZHQHUJHW\F]QHJRVSDODQLD']8U]:(/]VWU]SyĨQ
]P']8U]8(3ROVNLHZ\GDQLHVSHFMDOQHUR]G]WVWU
G\UHNW\ZĊ3DUODPHQWX(XURSHMVNLHJRL5DG\8(]GQLDOLVWRSDGDUZVSUDZLHHPLVMLSU]HP\VáRZ\FK]LQWH-
JURZDQH]DSRELHJDQLH]DQLHF]\V]F]HQLRPLLFKNRQWUROD']8U]8(/]VWU]SyĨQ]P
3) =PLDQ\WHNVWXMHGQROLWHJRZ\PLHQLRQHMXVWDZ\]RVWDá\RJáRV]RQHZ']8]USR]RUD]]USR]
L
']LHQQLN8VWDZ ±± 3R]
&LąJáHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODĨUyGáDRQRPLQDOQHMPRF\FLHSOQHMQLHPQLHMV]HMQLĪ0:
'ODĨUyGáDRNWyU\PPRZDZXVWFLąJáHSRPLDU\HPLVMLQLHVąZ\PDJDQHMHĪHOLF]DVXĪ\WNRZDQLDĨUyGáDQLHSU]H-
NURF]\JRG]LQ
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODĨUyGáDGODNWyUHJRQLHMHVWZ\PDJDQHSURZDG]HQLHFLąJá\FK
SRPLDUyZ
'ODĨUyGáDRNWyU\PPRZDZXVWSRPLDU\Z]DNUHVLH
S\áXMHĪHOLĨUyGáRMHVWRSDODQHZ\áąF]QLHJD]HP]LHPQ\P
GZXWOHQNXVLDUNLMHĪHOLĨUyGáRMHVWRSDODQHZ\áąF]QLH
D JD]HP]LHPQ\PDOER
E ROHMHPRSDáRZ\PR]QDQHM]DZDUWRĞFLVLDUNLMHĪHOLEUDNMHVWXU]ąG]HĔGRRJUDQLF]DQLDZLHONRĞFLHPLVMLVLDUNL
DOER
F ELRPDVąMHĪHOLSURZDG]ąF\LQVWDODFMĊXGRZRGQLĪHHPLVMDGZXWOHQNXVLDUNL]HĨUyGáDQLHMHVWZ\ĪV]DRGVWDQGDU-
GyZHPLV\MQ\FKRNUHĞORQ\FKZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWXVWDZ\
±SURZDG]LVLĊRNUHVRZRQDWRPLDVWZ]DNUHVLHLQQ\FKVXEVWDQFMLSURZDG]LVLĊFLąJáHSRPLDU\
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGZDUD]\ZURNX±UD]ZVH]RQLH]LPRZ\PSDĨG]LHUQLN±PD-
U]HFLUD]ZVH]RQLHOHWQLPNZLHFLHĔ±ZU]HVLHĔ]W\PĪHZSU]\SDGNXĨUyGáDSUDFXMąFHJRVH]RQRZRZRNUHVLHQLHSU]HNUD-
F]DMąF\PV]HĞFLXPLHVLĊF\SRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊUD]ZURNXZRNUHVLHSUDF\ĨUyGáD:SU]\SDGNX
ĨUyGáDGRNWyUHJRVWRVXMHVLĊSLHUZV]ąOXEGUXJą]DVDGĊáąF]HQLDRNWyU\FKPRZDZDUWDXVWXVWDZ\SRPLDU\SR-
ZLQQ\REHMPRZDüHPLVMĊ]HZV]\VWNLFKF]ĊĞFLĨUyGáDSUDFXMąF\FKZGDQ\PVH]RQLHOXERNUHVLH
3RPLDU\HPLVMLUWĊFLGRSRZLHWU]DSURZDG]LVLĊGODĨUyGáDRQRPLQDOQHMPRF\FLHSOQHMQLHPQLHMV]HMQLĪ0:
RSDODQHJRZĊJOHPNDPLHQQ\POXEEUXQDWQ\PRNUHVRZRFRQDMPQLHMUD]ZURNX
:SU]\SDGNXĨUyGáDGRNWyUHJRVWRVXMHVLĊSLHUZV]ąOXEGUXJą]DVDGĊáąF]HQLDRNWyU\FKPRZDZDUWDXVW
XVWDZ\QRPLQDOQHMPRF\FLHSOQHMĨUyGáDRGSRZLDGDFDáNRZLWDQRPLQDOQDPRFFLHSOQDWHJRĨUyGáD
&LąJáHLRNUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODLQVWDODFMLLXU]ąG]HĔVSDODQLDOXEZVSyáVSDODQLD
RGSDGyZZ]DOHĪQRĞFLRGURG]DMXVXEVWDQFMLOXESDUDPHWUXRNUHĞORQ\FKZ]DáąF]QLNXRNWyU\PPRZDZXVWSNW
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DRNWyU\FKPRZDZXVWSURZDG]LVLĊFRQDMPQLHMUD]QDV]HĞüPLHVLĊF\
DSU]H]SLHUZV]\URNHNVSORDWDFMLLQVWDODFMLLXU]ąG]HQLDVSDODQLDOXEZVSyáVSDODQLDRGSDGyZ±FRQDMPQLHMUD]QDWU]\PLH-
VLąFH
=DPLDVWFLąJá\FKSRPLDUyZHPLVMLGRSRZLHWU]DRNWyU\FKPRZDZXVWPRJąE\üSURZDG]RQHRNUHVRZHSRPLDU\
HPLVMLGRSRZLHWU]D]F]ĊVWRWOLZRĞFLąRNUHĞORQąZXVW
ZSU]\SDGNXFKORURZRGRUXOXEGZXWOHQNXVLDUNL±MHĪHOLSURZDG]ąF\LQVWDODFMĊDOERXĪ\WNRZQLNXU]ąG]HQLDVSDODQLD
OXEZVSyáVSDODQLDRGSDGyZPRĪHZ\ND]DüĪHHPLVMHFKORURZRGRUXOXEGZXWOHQNXVLDUNLZĪDGQ\FKRNROLF]QRĞFLDFK
QLHEĊGąZ\ĪV]HQLĪLFKVWDQGDUG\HPLV\MQHRNUHĞORQHZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWL
XVWDZ\
ZSU]\SDGNXIOXRURZRGRUX
D MHĪHOLSURZDG]ąF\LQVWDODFMĊDOERXĪ\WNRZQLNXU]ąG]HQLDVSDODQLDOXEZVSyáVSDODQLDRGSDGyZPRĪHZ\ND]DüĪH
HPLVMDIOXRURZRGRUXZĪDGQ\FKRNROLF]QRĞFLDFKQLHEĊG]LHZ\ĪV]DQLĪVWDQGDUG\HPLV\MQHWHMVXEVWDQFMLRNUHĞ
ORQHZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWLXVWDZ\OXE
E MHĪHOLZZ\QLNXQHXWUDOL]DFMLFKORURZRGRUXMHVW]DSHZQLRQHGRWU]\P\ZDQLHVWDQGDUGXHPLV\MQHJRWHMVXEVWDQFML
RNUHĞORQHJRZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWLXVWDZ\
ZSU]\SDGNXWOHQNyZD]RWXUR]XPLDQ\FKMDNRWOHQHND]RWXLGZXWOHQHND]RWXZSU]HOLF]HQLXQDGZXWOHQHND]RWX±MH-
ĪHOL SURZDG]ąF\ LVWQLHMąFą LQVWDODFMĊ VSDODQLD OXE ZVSyáVSDODQLD RGSDGyZ OXE XĪ\WNRZQLN LVWQLHMąFHJR XU]ąG]HQLD
VSDODQLDOXEZVSyáVSDODQLDRGSDGyZR]GROQRĞFLSU]HWZDU]DQLDSRQLĪHM0JRGSDGyZQDJRG]LQĊPRĪHZ\ND]DüĪH
HPLVMDWOHQNyZD]RWX]WHMLQVWDODFMLOXEXU]ąG]HQLDZĪDGQ\FKRNROLF]QRĞFLDFKQLHEĊG]LHZ\ĪV]DQLĪLFKVWDQGDUG\
HPLV\MQHRNUHĞORQHZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWLXVWDZ\
']LHQQLN8VWDZ ±± 3R]
3U]H]
LVWQLHMąFąLQVWDODFMĊVSDODQLDOXEZVSyáVSDODQLDRGSDGyZUR]XPLHVLĊLQVWDODFMĊVSDODQLDOXEZVSyáVSDODQLDRGSDGyZ
D XĪ\WNRZDQąSU]HGGQLHPJUXGQLDUGODNWyUHMSR]ZROHQLHQDXĪ\WNRZDQLHDJG\WDNLHSR]ZROHQLHQLH
E\áRZ\PDJDQH±SR]ZROHQLHQDEXGRZĊZ\GDQRSU]HGW\PGQLHPOXE
E GODNWyUHMSR]ZROHQLHQDXĪ\WNRZDQLHDJG\WDNLHSR]ZROHQLHQLHE\áRZ\PDJDQH±SR]ZROHQLHQDEXGRZĊ
Z\GDQRSU]HGGQLHPJUXGQLDUMHĪHOLLQVWDODFMD]RVWDáDRGGDQDGRXĪ\WNRZDQLDQLHSyĨQLHMQLĪZGQLX
JUXGQLDUOXE
F GODNWyUHMZQLRVHNRZ\GDQLHSR]ZROHQLDQDXĪ\WNRZDQLHDJG\WDNLHSR]ZROHQLHQLHE\áRZ\PDJDQH±]DZLD-
GRPLHQLHR]DPLDU]HSU]\VWąSLHQLDGRXĪ\WNRZDQLD]RVWDá\]áRĪRQHSU]HGGQLHPJUXGQLDUMHĪHOLLQVWD-
ODFMD]RVWDáDRGGDQDGRXĪ\WNRZDQLDQLHSyĨQLHMQLĪZGQLXJUXGQLDU
LVWQLHMąFHXU]ąG]HQLHVSDODQLDOXEZVSyáVSDODQLDRGSDGyZUR]XPLHVLĊXU]ąG]HQLHVSDODQLDOXEZVSyáVSDODQLDRGSD-
GyZNWyUH]RVWDáRZ\SURGXNRZDQHSU]HGGQLHPJUXGQLDU
3U]HSLVyZXVW±QLHVWRVXMHVLĊGRLQVWDODFMLLXU]ąG]HĔVSDODQLDOXEZVSyáVSDODQLDRGSDGyZ
ZNWyU\FKVSDODQHOXEZVSyáVSDODQHVąZ\áąF]QLHQDVWĊSXMąFHRGSDG\
D URĞOLQQH]UROQLFWZDLOHĞQLFWZD
E URĞOLQQH]SU]HP\VáXSU]HWZyUVWZDVSRĪ\ZF]HJRMHĪHOLRG]\VNXMHVLĊZ\WZDU]DQąHQHUJLĊFLHSOQą
F ZáyNQLVWHURĞOLQQH]SURFHVXSURGXNFMLSLHUZRWQHMPDV\FHOXOR]RZHML]SURFHVXSURGXNFMLSDSLHUX]PDV\MHĪHOL
RGSDG\WHVąVSDODQHZPLHMVFXZNWyU\PSRZVWDMąDZ\WZDU]DQDHQHUJLDFLHSOQDMHVWRG]\VNLZDQD
G Sá\W\ZLyURZHMMHĪHOLQLHVWDQRZLąRGSDGXQLHEH]SLHF]QHJR
H NRUND
I GUHZQD]Z\MąWNLHPGUHZQD]DQLHF]\V]F]RQHJRLPSUHJQDWDPLOXESRZáRNDPLRFKURQQ\PLPRJąF\PL]DZLHUDü
]ZLą]NLFKORURZFRRUJDQLF]QHOXEPHWDOHFLĊĪNLHZVNáDGNWyU\FKZFKRG]ąZV]F]HJyOQRĞFLRGSDG\GUHZQDSR-
FKRG]ąFHJR]EXGRZ\UHPRQWyZLUR]ELyUNLRELHNWyZEXGRZODQ\FKRUD]LQIUDVWUXNWXU\GURJRZHM
J SURPLHQLRWZyUF]H
K SRFKRG]ąFH]SRV]XNLZDĔLHNVSORDWDFML]DVREyZURS\QDIWRZHMLJD]X]LHPQHJRQDSODWIRUPDFKZ\GRE\ZF]\FK
RUD]VSDODQHQDW\FKSODWIRUPDFK
L ]ZáRN]ZLHU]ĊF\FKNWyUHVąXQLHV]NRGOLZLDQH]JRGQLH]SU]HSLVDPLUR]SRU]ąG]HQLD3DUODPHQWX(XURSHMVNLHJR
L5DG\:(QU]GQLDSDĨG]LHUQLNDURNUHĞODMąFHJRSU]HSLV\VDQLWDUQHGRW\F]ąFHSURGXNWyZ
XERF]Q\FKSRFKRG]HQLD]ZLHU]ĊFHJRQLHSU]H]QDF]RQ\FKGRVSRĪ\FLDSU]H]OXG]LLXFK\ODMąFHJRUR]SRU]ąG]HQLH
:(QUUR]SRU]ąG]HQLHRSURGXNWDFKXERF]Q\FKSRFKRG]HQLD]ZLHU]ĊFHJR']8U]8(/
]VWU]SyĨQ]P
GRĞZLDGF]DOQ\FK Z\NRU]\VW\ZDQ\FK GR SUDF EDGDZF]RUR]ZRMRZ\FK SUDF QDXNRZ\FK L SUyE PDMąF\FK QD FHOX
XVSUDZQLHQLHSURFHVXVSDODQLDSU]HUDELDMąF\FKPQLHMQLĪ0JRGSDGyZURF]QLH
SU]H]QDF]RQ\FKGRVSDODQLDJD]yZX]\VNDQ\FKZZ\QLNX]JD]RZDQLDOXESLUROL]\RGSDGyZNWyUHVąRF]\V]F]RQH
ZVWRSQLXJZDUDQWXMąF\PĪHLFKVSDODQLHQLHPRĪHVSRZRGRZDüHPLVMLZLĊNV]\FKQLĪZZ\QLNXVSDODQLDJD]X]LHP-
QHJR
'RLQVWDODFMLVSDODQLDOXEZVSyáVSDODQLDRGSDGyZEĊGąF\FKĨUyGáDPLZNWyU\FKVSDODQHOXEZVSyáVSDODQHVąRGSDG\
RNWyU\FKPRZDZXVWSNWOLWD±IOXEJD]\RNWyU\FKPRZDZXVWSNWVWRVXMHVLĊRGSRZLHGQLRSU]HSLV\XVW±
LXVWSNWL
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODLQVWDODFMLGRSU]HWZDU]DQLDD]EHVWXOXESURGXNWyZ]D-
ZLHUDMąF\FKD]EHVWMHĪHOLLORĞüVXURZHJRD]EHVWX]XĪ\ZDQDZW\FKSURFHVDFKSU]HNUDF]DNJQDURN
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DRNWyU\FKPRZDZXVWSURZDG]LVLĊ]F]ĊVWRWOLZRĞFLąUD]QDV]HĞüPLHVLĊF\
2NUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DRNWyU\FKPRZDZXVWPRJąE\üSURZDG]RQHUD]QDURNMHĪHOLZ\QLNL
NROHMQ\FKG]LHVLĊFLXSRPLDUyZQLHUyĪQLąVLĊPLĊG]\VREąZLĊFHMQLĪR
&LąJáHOXERNUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DSURZDG]LVLĊGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQX
ZSU]\SDGNXVWRVRZDQLDUHDNFMLVXOIDW\]DFMLOXEFKORURZDQLD
']LHQQLN8VWDZ ±± 3R]
3RPLDU\HPLVMLRNWyU\FKPRZDZXVWREHMPXMą
SRPLDU\HPLVMLS\áX
D FLąJáH±]SURFHVyZPLHOHQLDVXURZFyZLPLHOHQLDVXFKHJRSLJPHQWX
E RNUHVRZH]F]ĊVWRWOLZRĞFLąFRQDMPQLHMUD]QDNZDUWDá±]SURFHVyZPLHOHQLDVXFKHJRSLJPHQWXZPá\QDFK
5D\PRQGDSUDFXMąF\FKZSU]\SDGNDFKZ\VWąSLHQLDDZDULLPá\QyZZDOFRZ\FKDWDNĪH]SURFHVyZVXV]HQLDSLJ-
PHQWXLPLNURQL]DFMLSDURZHM
SRPLDU\HPLVMLGZXWOHQNXVLDUNLGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQXZSU]\SDGNXVWRVRZDQLDUHDNFMLVXOID-
W\]DFML
D FLąJáH±]SURFHVyZNDOF\QDFMLLUR]NáDGXVXURZFDZ]DNUHVLHHPLVML]LQVWDODFMLGRRF]\V]F]DQLDJD]yZRGORWRZ\FK
E RNUHVRZH]F]ĊVWRWOLZRĞFLąFRQDMPQLHMUD]QDNZDUWDá±]SURFHVyZUR]NáDGXVXURZFDZ]DNUHVLHFKZLORZHM
HPLVML]NRPLQyZUHDNWRUyZRUD]]SURFHVyZNRQFHQWUDFMLRGSDGRZ\FKUR]WZRUyZNZDĞQ\FK
SRPLDU\HPLVMLGZXWOHQNXVLDUNLWUyMWOHQNXVLDUNLLNZDVXVLDUNRZHJRGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQX
ZSU]\SDGNXVWRVRZDQLDUHDNFMLVXOIDW\]DFML±RNUHVRZH]F]ĊVWRWOLZRĞFLąFRQDMPQLHMUD]QDNZDUWDá±]SURFHVyZ
NDOF\QDFMLUR]NáDGXVXURZFDRUD]NRQFHQWUDFMLRGSDGRZ\FKUR]WZRUyZNZDĞQ\FK
SRPLDU\HPLVMLFKORUXGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQXZSU]\SDGNXVWRVRZDQLDUHDNFMLFKORURZDQLD
D FLąJáH±]JáyZQ\FKĨUyGHáHPLVMLFKORUXZLQVWDODFML
E RNUHVRZH]F]ĊVWRWOLZRĞFLąFRQDMPQLHMUD]QDURN±]HĨUyGHáHPLVMLFKORUXZLQVWDODFMLLQQ\FKQLĪZVND]DQH
w lit. a.
:SU]\SDGNXSURFHVyZLQQ\FKQLĪZ\PLHQLRQHZXVWSNWSURZDG]LVLĊRNUHVRZHSRPLDU\HPLVMLS\áXGRSRZLH-
WU]D]F]ĊVWRWOLZRĞFLąFRQDMPQLHMUD]QDURN
&LąJáHOXERNUHVRZHSRPLDU\HPLVMLGRSRZLHWU]DORWQ\FK]ZLą]NyZRUJDQLF]Q\FK]ZDQ\FKGDOHMÄ/=2´SUR-
ZDG]LVLĊGODLQVWDODFMLRNUHĞORQ\FKZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLHDUWXVWSNWXVWDZ\ZNWyU\FKVąXĪ\ZD-
QHUR]SXV]F]DOQLNLRUJDQLF]QHMHĪHOLVSHáQLHQLHZ\PDJDĔRNUHĞORQ\FKZW\FKSU]HSLVDFKZ\PDJDVWRVRZDQLDXU]ąG]HĔ
RJUDQLF]DMąF\FKZLHONRĞüHPLVML/=2
&LąJáHSRPLDU\HPLVML/=2GRSRZLHWU]DSURZDG]LVLĊMHĪHOL]MHGQHJRNRPLQDVąZSURZDG]DQHGRSRZLHWU]D/=2
ZLORĞFLZLĊNV]HMQLĪĞUHGQLRNJKZSU]HOLF]HQLXQDHPLVMĊFDáNRZLWHJRZĊJODRUJDQLF]QHJR
2NUHVRZHSRPLDU\HPLVML/=2GRSRZLHWU]DSURZDG]LVLĊMHĪHOL]MHGQHJRNRPLQDVąZSURZDG]DQHGRSRZLHWU]D
/=2ZLORĞFLĞUHGQLRGRNJKZSU]HOLF]HQLXQDHPLVMĊFDáNRZLWHJRZĊJODRUJDQLF]QHJR
2NUHVRZHSRPLDU\HPLVML/=2GRSRZLHWU]DSURZDG]LVLĊUD]QDURN
:LHONRĞüĞUHGQLHMHPLVML/=2ZSU]HOLF]HQLXQDHPLVMĊFDáNRZLWHJRZĊJODRUJDQLF]QHJRXVWDODVLĊQDSRGVWDZLH
Z\QLNyZRNUHVRZ\FKSRPLDUyZHPLVMLDOER]ELODQVXPDV\/=2]XĪ\ZDQ\FKZNDĪG\PNROHMQ\PRNUHVLHGZXQDVWRPLH-
VLĊF]Q\PRGQLHVLRQHJRGRF]DVXSUDF\LQVWDODFML]/=2
/=2SRGOHJDMąFHSU]HPLDQLHFKHPLF]QHMVWRVRZDQHZFHOXUR]SXV]F]DQLDVXURZFyZSURGXNWyZPDWHULDáyZRGSD-
GRZ\FKOXE]DQLHF]\V]F]HĔZSURFHVDFKSURZDG]RQ\FKZLQVWDODFMDFKRNUHĞORQ\FKZSU]HSLVDFKZ\GDQ\FKQDSRGVWDZLH
DUWXVWSNWXVWDZ\ZNWyU\FKVąXĪ\ZDQHUR]SXV]F]DOQLNLRUJDQLF]QHQLHVąXZ]JOĊGQLDQHZOLPLWDFK]XĪ\FLD
/=2SRZRGXMąF\FKSRZVWDQLHRERZLą]NXZ\NRQ\ZDQLDSRPLDUyZHPLVML]LQVWDODFMLFK\EDĪHZZ\QLNXWHMSU]HPLDQ\
SRZVWDMąWDNĪH/=2
3RPLDU\LORĞFLLMDNRĞFLĞFLHNyZZSURZDG]DQ\FKGRZyGOXEGR]LHPLSURZDG]LVLĊJG\ĞFLHNLVąZSURZDG]DQH
ZUDPDFKV]F]HJyOQHJRNRU]\VWDQLD]ZyGRNWyU\PPRZDZDUWXVWDZ\]GQLDOLSFDU±3UDZRZRGQH']8
]USR]]SyĨQ]P4)).
:\PDJDQLDZ]DNUHVLHSRPLDUyZLORĞFLLMDNRĞFLĞFLHNyZZSURZDG]DQ\FKGRZyGOXEGR]LHPLRNUHĞODMąSU]HSLV\
Z\GDQHQDSRGVWDZLHDUWXVWSNWLXVWDZ\]GQLDOLSFDU±3UDZRZRGQHFK\EDĪHZ\PDJDQLDWH]RVWDá\
RNUHĞORQHZSR]ZROHQLXZRGQRSUDZQ\PDOERZSR]ZROHQLX]LQWHJURZDQ\P
4) =PLDQ\WHNVWXMHGQROLWHJRZ\PLHQLRQHMXVWDZ\]RVWDá\RJáRV]RQHZ']8]USR]L]USR]LRUD]
]USR]L
']LHQQLN8VWDZ ±± 3R]
3RPLDU\LORĞFLSRELHUDQHMZRG\SURZDG]LVLĊJG\QRPLQDOQH]DSRWU]HERZDQLHLQVWDODFML]ORNDOL]RZDQ\FKQDWH-
UHQLH]DNáDGXMHVWZLĊNV]HQLĪP3QDGREĊ
3U]HSLVXXVWQLHVWRVXMHVLĊMHĪHOLSRPLDU\LORĞFLSRELHUDQHMZRG\]RVWDá\RNUHĞORQHZSR]ZROHQLXZRGQRSUDZQ\P
DOERSR]ZROHQLX]LQWHJURZDQ\P
2NUHVRZHSRPLDU\KDáDVXZĞURGRZLVNXNWyU\MHVWZ\UDĪRQ\ZVNDĨQLNDPLKDáDVXPDMąF\PL]DVWRVRZDQLHGR
XVWDODQLDLNRQWUROLZDUXQNyZNRU]\VWDQLD]HĞURGRZLVND/$HT'L/$HT1SURZDG]LVLĊGOD]DNáDGXQDWHUHQLHNWyUHJRVą
HNVSORDWRZDQHLQVWDODFMHOXEXU]ąG]HQLDHPLWXMąFHKDáDVGODNWyUHJR]RVWDá\Z\GDQHSR]ZROHQLHQDHPLWRZDQLHKDáDVXGR
ĞURGRZLVNDOXEGHF\]MDRGRSXV]F]DOQ\PSR]LRPLHKDáDVX
2NUHVRZHSRPLDU\KDáDVXZĞURGRZLVNXNWyU\MHVWZ\UDĪRQ\ZVNDĨQLNDPLKDáDVXPDMąF\PL]DVWRVRZDQLHGRXVWDOD-
QLDLNRQWUROLZDUXQNyZNRU]\VWDQLD]HĞURGRZLVND/$HT'L/$HT1SURZDG]LVLĊGODLQVWDODFMLGODNWyUHM]RVWDáRZ\GDQH
SR]ZROHQLH]LQWHJURZDQH
2NUHVRZHSRPLDU\KDáDVXZĞURGRZLVNXZW\PKDáDVXLPSXOVRZHJRSURZDG]LVLĊUD]QDGZDODWD]XZ]JOĊGQLH-
QLHPVSHF\ILNLSUDF\ĨUyGHáKDáDVX:SU]\SDGNXĨUyGHáKDáDVXSUDFXMąF\FKVH]RQRZRSRPLDU\KDáDVXSU]HSURZDG]DVLĊ
ZW\PRNUHVLH
=DNUHVRUD]PHWRG\NLUHIHUHQF\MQHZ\NRQ\ZDQLD
FLąJá\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODĨUyGHáRNWyU\FKPRZDZVąRNUHĞORQHZ]DáąF]QLNXQUGRUR]SRU]ą-
G]HQLD
RNUHVRZ\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODĨUyGHáRNWyU\FKPRZDZVąRNUHĞORQHZ]DáąF]QLNXQUGRUR]-
SRU]ąG]HQLD
FLąJá\FKLRNUHVRZ\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODLQVWDODFMLLXU]ąG]HĔVSDODQLDOXEZVSyáVSDODQLDRGSDGyZ
RNWyU\FKPRZDZVąRNUHĞORQHZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
RNUHVRZ\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODLQVWDODFMLGRSU]HWZDU]DQLDD]EHVWXOXESURGXNWyZ]DZLHUDMąF\FKD]-
EHVWRNWyU\FKPRZDZVąRNUHĞORQHZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
FLąJá\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQXRNWyU\FKPRZDZVąRNUHĞ
ORQHZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
RNUHVRZ\FKSRPLDUyZHPLVMLGRSRZLHWU]DGODLQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQXRNWyU\FKPRZDZVą
RNUHĞORQHZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
0HWRG\NDUHIHUHQF\MQDZ\NRQ\ZDQLDRNUHVRZ\FKSRPLDUyZKDáDVXZĞURGRZLVNXRNWyU\FKPRZDZSRFKR-
G]ąFHJR]LQVWDODFMLOXEXU]ąG]HĔ]Z\MąWNLHPKDáDVXLPSXOVRZHJRMHVWRNUHĞORQDZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
0HWRG\NDUHIHUHQF\MQDZ\NRQ\ZDQLDRNUHVRZ\FKSRPLDUyZKDáDVXLPSXOVRZHJRZĞURGRZLVNXRNWyU\FKPRZD
ZSRFKRG]ąFHJR]LQVWDODFMLOXEXU]ąG]HĔMHVWRNUHĞORQDZ]DáąF]QLNXQUGRUR]SRU]ąG]HQLD
&LąJáHLRNUHVRZHSRPLDU\HPLVML/=2ZSURZDG]DQ\FKGRSRZLHWU]D]LQVWDODFMLRNWyU\FKPRZDZXVWZ\-
NRQXMHVLĊ
PHWRGąFLąJáHMGHWHNFMLSáRPLHQLRZRMRQL]DF\MQHMR]QDF]DMąFFDáNRZLW\ZĊJLHORUJDQLF]Q\±ZSU]\SDGNXLQVWDODFML
GODNWyU\FKRNUHĞORQRVWDQGDUGHPLV\MQ\61
PHWRGąFKURPDWRJUDILF]QąOXEPHWRGąFLąJáHMGHWHNFMLSáRPLHQLRZRMRQL]DF\MQHMR]QDF]DMąFFDáNRZLW\ZĊJLHORUJD-
QLF]Q\±ZSU]\SDGNXLQVWDODFMLGODNWyU\FKRNUHĞORQRVWDQGDUGHPLV\MQ\64RUD]LQVWDODFMLSRZOHNDQLDQRZ\FKSR-
MD]GyZNWyU\FK]GROQRĞüSURGXNF\MQDZ\PDJD]XĪ\FLDZLĊFHMQLĪ0J/=2ZFLąJXURNX
PHWRGąFKURPDWRJUDILF]Qą±ZSU]\SDGNX
D /=2NWyUH]JRGQLH]UR]SRU]ąG]HQLHP3DUODPHQWX(XURSHMVNLHJRL5DG\:(QU]GQLDJUXGQLD
UZVSUDZLHNODV\ILNDFMLR]QDNRZDQLDLSDNRZDQLDVXEVWDQFMLLPLHV]DQLQ]PLHQLDMąF\PLXFK\ODMąF\P
G\UHNW\Z\ (:* L :( RUD] ]PLHQLDMąF\P UR]SRU]ąG]HQLH :( QU '] 8U]
8(/]VWU]SyĨQ]PVąNODV\ILNRZDQHMDNRUDNRWZyUF]HPXWDJHQQHOXEG]LDáDMąFHV]NRG-
OLZLHQDUR]URGF]RĞüLNWyUHPDMąSU]\SLVDQH]ZURW\OXENWyUHSRZLQQ\E\üR]QDF]RQH]ZURWDPLZVND]XMąF\PL
URG]DM]DJURĪHQLD+++L+'OXE+)DGRGQLDPDMDUWDNĪH]ZURWDPL55
55OXE5
E FKORURZFRZDQ\FK/=2NWyUH]JRGQLH]UR]SRU]ąG]HQLHPRNWyU\PPRZDZOLWDPDMąSU]\SLVDQH]ZURW\OXE
NWyUH SRZLQQ\ E\ü R]QDF]RQH ]ZURWDPL ZVND]XMąF\PL URG]DM ]DJURĪHQLD + OXE + D GR GQLD PDMD
UWDNĪH]ZURWDPL5OXE5
']LHQQLN8VWDZ ±± 3R]
:SU]\SDGNXSRPLDUyZRNUHVRZ\FKHPLVML/=2Z\NRQ\ZDQ\FKPHWRGąFLąJáHMGHWHNFMLSáRPLHQLRZRMRQL]DF\MQHM
]R]QDF]HQLHPFDáNRZLWHJRZĊJODRUJDQLF]QHJRFDáNRZLW\F]DVSRPLDUXSRZLQLHQZ\QRVLüFRQDMPQLHMPLQXWZFR
QDMPQLHMVHULDFKSRPLDURZ\FKQLHNUyWV]\FKQLĪPLQXW-HĪHOLZLQVWDODFMLGDQ\SURFHVMHVWSURZDG]RQ\ZF]DVLHNUyW-
V]\PQLĪPLQXWSRPLDUSRZLQLHQ]RVWDüSU]HSURZDG]RQ\ZFDá\PF]DVLHWUZDQLDSURFHVX
3RPLDU\LORĞFLSRELHUDQHMZRG\RNWyU\FKPRZDZSURZDG]LVLĊ]DSRPRFąXU]ąG]HĔSRPLDURZ\FKVSHáQLDMą-
F\FKZ\PDJDQLDSUDZQHMNRQWUROLPHWURORJLF]QHMZUR]XPLHQLXDUWSNWXVWDZ\]GQLDPDMDU±3UDZRRPLD-
UDFK']8]USR]
:\QLNLFLąJá\FKSRPLDUyZHPLVMLVąHZLGHQFMRQRZDQHZIRUPLHZ\GUXNyZRUD]QDQRĞQLNDFKF\IURZ\FK
:\QLNLRNUHVRZ\FKSRPLDUyZHPLVMLVąHZLGHQFMRQRZDQHZIRUPLHSLVHPQHM
:\QLNLSRPLDUyZLORĞFLSRELHUDQHMZRG\VąHZLGHQFMRQRZDQHZIRUPLHSLVHPQHM
&]DVXĪ\WNRZDQLDĨUyGáDRNWyU\PPRZDZXVWOLF]\VLĊRGGQLDZHMĞFLDZĪ\FLHQLQLHMV]HJRUR]SRU]ąG]HQLD
'RSRPLDUyZZLHONRĞFLHPLVMLUR]SRF]ĊW\FKLQLH]DNRĔF]RQ\FKGRGQLDZHMĞFLDZĪ\FLHQLQLHMV]HJRUR]SRU]ąG]H-
QLDVWRVXMHVLĊGRGQLDJUXGQLDUSU]HSLV\GRW\FKF]DVRZH
'RGQLDJUXGQLDUFLąJáHSRPLDU\HPLVMLGRSRZLHWU]DGODĨUyGHáVSDODQLDSDOLZGODNWyU\FKSR]ZROH-
QLHQDEXGRZĊZ\GDQRSU]HGGQLHPVW\F]QLDUOXEZQLRVHNRZ\GDQLHWDNLHJRSR]ZROHQLD]RVWDá]áRĪRQ\SU]HGW\P
GQLHPLĨUyGáD]RVWDá\RGGDQHGRXĪ\WNRZDQLDQLHSyĨQLHMQLĪZGQLXVW\F]QLDUSURZDG]LVLĊMHĪHOLVXPDQRPLQDO-
Q\FKPRF\FLHSOQ\FKĨUyGHáVSDODQLDSDOLZ]NWyU\FKJD]\RGORWRZHVąRGSURZDG]DQHGRSRZLHWU]DSU]H]ZVSyOQ\NRPLQ
MHVWQLHPQLHMV]DQLĪ0:
8VWDODMąFVXPĊQRPLQDOQ\FKPRF\FLHSOQ\FKĨUyGHáVSDODQLDSDOLZRNWyUHMPRZDZXVWQLHXZ]JOĊGQLDVLĊ
ĨUyGHáVSDODQLDSDOLZGODNWyU\FKRNUHVSR]RVWDMąF\GRNRĔFDXĪ\WNRZDQLDOLF]RQ\RGGQLDVW\F]QLDUQLH
SU]HNUDF]DJRG]LQ
ĨUyGHáVSDODQLDSDOLZRQRPLQDOQHMPRF\FLHSOQHMPQLHMV]HMQLĪ0:GODNWyU\FKSLHUZV]HSR]ZROHQLHQDEXGRZĊ
OXERGSRZLHGQLNWHJRSR]ZROHQLDZ\GDQRSU]HGGQLHPOLSFDUMHĪHOL]RVWDá\RGGDQHGRXĪ\WNRZDQLDSU]HG
GQLHPPDUFDUGODNWyU\FKSURZDG]ąF\WDNLHĨUyGáD]RERZLą]DáVLĊZSLVHPQHMGHNODUDFML]áRĪRQHMZáDĞFL-
ZHPXRUJDQRZLRFKURQ\ĞURGRZLVNDQLHSyĨQLHMQLĪGRGQLDF]HUZFDUĪHĨUyGáREĊG]LHXĪ\WNRZDQHQLH
GáXĪHMQLĪGRGQLDJUXGQLDUDF]DVMHJRXĪ\WNRZDQLDZRNUHVLHRGGQLDVW\F]QLDUGRGQLDJUXGQLD
UQLHSU]HNURF]\JRG]LQ
ĨUyGHáVSDODQLDSDOLZRQRPLQDOQHMPRF\FLHSOQHMPQLHMV]HMQLĪ0:GODNWyU\FKSLHUZV]HSR]ZROHQLHQDEXGRZĊ
OXERGSRZLHGQLNWHJRSR]ZROHQLDZ\GDQRSU]HGGQLHPOLSFDUNWyUHZURNXNDOHQGDU]RZ\PSUDFXMąQLHGáX-
ĪHMQLĪJRG]LQOLF]RQHMDNRĞUHGQLDNURF]ąFD]SLĊFLXODW
'RĨUyGHáVSDODQLDSDOLZGODNWyU\FKSR]ZROHQLHQDEXGRZĊZ\GDQRSU]HGGQLHPVW\F]QLDUOXEZQLRVHN
RZ\GDQLHWDNLHJRSR]ZROHQLD]RVWDá]áRĪRQ\SU]HGW\PGQLHPLĨUyGáD]RVWDá\RGGDQHGRXĪ\WNRZDQLDQLHSyĨQLHMQLĪ
ZGQLXVW\F]QLDUSU]HSLVXVWVWRVXMHVLĊRGGQLDVW\F]QLDU
5R]SRU]ąG]HQLHZFKRG]LZĪ\FLHSRXSá\ZLHGQLRGGQLDRJáRV]HQLD5)
0LQLVWHUĝURGRZLVNDM.H. Grabowski
5) 1LQLHMV]HUR]SRU]ąG]HQLHE\áRSRSU]HG]RQHUR]SRU]ąG]HQLHP0LQLVWUDĝURGRZLVND]GQLDOLVWRSDGDUZVSUDZLHZ\PDJDĔ
Z]DNUHVLHSURZDG]HQLDSRPLDUyZZLHONRĞFLHPLVMLRUD]SRPLDUyZLORĞFLSRELHUDQHMZRG\']81USR]NWyUHQDSRG-
VWDZLHDUWXVWSNWXVWDZ\]GQLDOLSFDUR]PLDQLHXVWDZ\±3UDZRRFKURQ\ĞURGRZLVNDRUD]QLHNWyU\FKLQQ\FKXVWDZ
']8SR]WUDFLPRF]GQLHPZHMĞFLDZĪ\FLHQLQLHMV]HJRUR]SRU]ąG]HQLD
']LHQQLN8VWDZ ±± 3R]
±±
=DáąF]QLNLGRUR]SRU]ąG]HQLD
0LQLVWUDĝURGRZLVND]GQLD
USR]
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+
320,$5Ï:(0,6-,'232:,(75=$'/$ħ5Ï'(à63$/$1,$3$/,:
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3\áRJyáHP
PJP WHFKQLNDGRZROQDZ]RUFRZDQDPHWRGą
JUDZLPHWU\F]Qą
62 PJP DEVRUSFMDSURPLHQLRZDQLD,5OXE
89OXELQQDPHWRGDRSW\F]QD
]XZ]JOĊGQLHQLHPQRUP\
31,62
12[ZSU]HOLF]HQLXQD12 PJP FKHPLOXPLQHVFHQF\MQDOXEDEVRUSFMD
SURPLHQLRZDQLD,5OXELQQDPHWRGD
RSW\F]QD]XZ]JOĊGQLHQLHPQRUP\
31,62
&2 PJP DEVRUSFMDSURPLHQLRZDQLD,5
2
SDUDPDJQHW\F]QDFHOLF\UNRQRZHMOXE
LQQDHOHNWURFKHPLF]QDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪREM2
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXE FLĞQLHQLHG\QDPLF]QHJD]yZ
RGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZRGORWRZ\FK . PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXEEH]Z]JOĊGQH
JD]yZRGORWRZ\FK
3D PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQDJD]yZ
RGORWRZ\FKOXEVWRSLHĔ]DZLOĪHQLD
JD]yZRGORWRZ\FK
NJP NJSDU\ZRGQHMNJJD]X
VXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
ZSU]\SDGNXZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZ
RGORWRZ\FK
ZSU]\SDGNXVWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
=DáąF]QLNLGRUR]SRU]ąG]HQLD0LQLVWUDĝURGRZLVND
]GQLDSDĨG]LHUQLNDUSR]
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+320,$5Ï:(0,6-,
'232:,(75=$'/$ħ5Ï'(à63$/$1,$3$/,:
']LHQQLN8VWDZ ±± 3R]
±±
8ZDJL
: SU]\SDGNX WXUELQ JD]RZ\FK PHWRG\Ną UHIHUHQF\MQą GOD 12[ MHVW PHWRGD
FKHPLOXPLQHVFHQF\MQDOXELQQDPHWRGD]JRGQD]QRUPą,62LQRUPą,62
:SU]\SDGNXNRQLHF]QRĞFLGRWU]\PDQLDRNUHĞORQHJRVWRSQLDRGVLDUF]DQLDFLąJáHSRPLDU\SRZLQQ\
E\üX]XSHáQLRQHRNUHVRZ\PLSRPLDUDPLGRGDWNRZHJRSDUDPHWUX±]DZDUWRĞFLVLDUNLZSDOLZLH
6\VWHP\GRFLąJá\FKSRPLDUyZHPLVMLGRSRZLHWU]DSRGOHJDMąSURFHGXURP]JRGQ\P]QRUPą31
(1]DSHZQLDMąF\PRGSRZLHGQLSR]LRPMDNRĞFLZW\PFRQDMPQLHMUD]ZURNXNRQWUROL]D
SRPRFą SRPLDUyZ UyZQROHJá\FK SURZDG]RQ\FK SU]\ XĪ\FLX LQQ\FK V\VWHPyZ ] ]DVWRVRZDQLHP
QDVWĊSXMąF\FK PHWRG\N UHIHUHQF\MQ\FK GOD S\áX RJyáHP ]JRGQLH ] QRUPą 31= OXE
QRUPą 31(1 GOD 62 ]JRGQLH ] QRUPą 31(1 OXE DOWHUQDW\ZQą PHWRGą
LQVWUXPHQWDOQą VSHáQLDMąFą Z\PDJDQLD QRUP\ 31,62 GOD 12[ ]JRGQLH ] QRUPą 31(1
GOD &2 ]JRGQLH ] QRUPą 31(1 GOD 2 ]JRGQLH ] QRUPą 31(1 GOD
]DZDUWRĞFL SDU\ ZRGQHM SRPLDU ZLOJRWQRĞFL EH]Z]JOĊGQHM JD]yZ RGORWRZ\FK OXE VWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK]JRGQLH]QRUPą31(1
6\VWHP\ GR FLąJá\FK SRPLDUyZ HPLVML GR SRZLHWU]D SRGOHJDMą ]JRGQLH ] QRUPą 31(1
SHáQHMSURFHGXU]HNDOLEUDFMLLZDOLGDFMLZSU]\SDGNX
V\VWHPyZQRZRLQVWDORZDQ\FK
V\VWHPyZLVWQLHMąF\FK±FRQDMPQLHMUD]ZFLąJXSLĊFLXODW
NDĪGHM ZLĊNV]HM ]PLDQ\ Z SUDF\ ĨUyGáD VSDODQLD SDOLZ L ZLĊNV]\FK ]PLDQ OXE QDSUDZ
V\VWHPyZLVWQLHMąF\FK
)XQNFMDNDOLEUDF\MQDGODV\VWHPyZFLąJá\FKSRPLDUyZHPLVMLS\áXRJyáHPPRĪHE\üZ\]QDF]DQD
]XZ]JOĊGQLHQLHPZ\PDJDĔ]DZDUW\FKZQRUPLH31(1
:\PDJDQLD QRUP\ 31(1 Z ]DNUHVLH SURFHGXU\ 4$/ VWRVXMH VLĊ RG GQLD VW\F]QLD
U
:DUWRĞFL SU]HG]LDáX XIQRĞFL GOD SRMHG\QF]HJR Z\QLNX SRPLDUX RNUHĞOD VLĊ ]JRGQLH ] QRUPą
31(1SU]\MPXMąFĪHZDUWRĞFLSU]HG]LDáXXIQRĞFLSRMHG\QF]HJRZ\QLNXSRPLDUXQLH
SRZLQQRSU]HNUDF]DüQDVWĊSXMąF\FKZDUWRĞFLZ\UDĪRQ\FKZSURFHQWDFKVWDQGDUGXHPLV\MQHJR
±ZSU]\SDGNX62
±ZSU]\SDGNX12[
±ZSU]\SDGNXS\áXRJyáHP
±ZSU]\SDGNX&2
=DWZLHUG]RQH ZDUWRĞFL ĞUHGQLH MHGQRJRG]LQQH L ĞUHGQLH GRERZH VWĊĪHĔ VXEVWDQFML Z SU]\SDGNX
QDVWĊSXMąF\FKĨUyGHáVSDODQLDSDOLZ
ĨUyGHá QRZ\FK ± Z UR]XPLHQLX SU]HSLVyZ Z\GDQ\FK QD SRGVWDZLH DUW XVW SNW
XVWDZ\
ĨUyGHáLVWQLHMąF\FK ± Z UR]XPLHQLX SU]HSLVyZ Z\GDQ\FK QD SRGVWDZLH DUW XVW SNW
XVWDZ\ GOD NWyU\FK ZQLRVHN R Z\GDQLH SR]ZROHQLD QD EXGRZĊ ]RVWDá ]áRĪRQ\ SR GQLX
OLVWRSDGDUOXENWyUH]RVWDá\RGGDQHGRXĪ\WNRZDQLDSRGQLXOLVWRSDGDU
WXUELQJD]RZ\FKGODNWyU\FKSR]ZROHQLHQDEXGRZĊZ\GDQRSRGQLXF]HUZFDUOXE
NWyUH]RVWDá\RGGDQHGRXĪ\WNRZDQLDSRGQLXOLVWRSDGDU
ĨUyGHá LVWRWQLH ]PLHQLRQ\FK SR GQLX OLVWRSDGD U Z VSRVyE ]JRGQ\ ] DUW SNW
XVWDZ\
RG GQLD VW\F]QLD U ± SR]RVWDá\FK ĨUyGHá LVWQLHMąF\FK ± Z UR]XPLHQLX SU]HSLVyZ
Z\GDQ\FKQDSRGVWDZLHDUWXVWSNWXVWDZ\
±RNUHĞODVLĊQDSRGVWDZLHZDĪQ\FKSRPLDURZ\FKZDUWRĞFLĞUHGQLFKMHGQRJRG]LQQ\FKSRRGMĊFLX
ZDUWRĞFLSU]HG]LDáXXIQRĞFLRNUHĞORQHJRZSNW
3RPLDU\VąXQLHZDĪQLDQHZGQLXZNWyU\PZLĊFHMQLĪWU]\ĞUHGQLHMHGQRJRG]LQQHZDUWRĞFLVWĊĪHĔ
NWyUHMNROZLHN VXEVWDQFML Vą QLHZDĪQH ] SRZRGX QLHVSUDZQRĞFL OXE NRQVHUZDFML V\VWHPX GR
FLąJá\FK SRPLDUyZ HPLVML -HĪHOL Z FLąJX URNX NDOHQGDU]RZHJR Z\VWąSL ZLĊFHM QLĪ GQL
ZNWyU\FK SRPLDU\ ]RVWDQą XQLHZDĪQLRQH ] SRZRGX QLHVSUDZQRĞFL OXE NRQVHUZDFML V\VWHPX GR
FLąJá\FK SRPLDUyZ HPLVML WR SURZDG]ąF\ LQVWDODFMĊ SRGHMPXMH G]LDáDQLD Z FHOX ]ZLĊNV]HQLD
QLH]DZRGQRĞFL SUDF\ WHJR V\VWHPX L LQIRUPXMH ZRMHZyG]NLHJR LQVSHNWRUD RFKURQ\ ĞURGRZLVND
RSRGMĊW\FKG]LDáDQLDFK
']LHQQLN8VWDZ ±± 3R]
±±
2EMDĞQLHQLD
,5±SURPLHQLRZDQLHSRGF]HUZRQH
12;ZSU]HOLF]HQLXQD12±WOHQHND]RWXLGZXWOHQHND]RWXZSU]HOLF]HQLXQDGZXWOHQHND]RWX
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK ]DLQVWDORZDQLD XU]ąG]HĔ GR
FLąJáHJR SRPLDUX SUĊGNRĞFL SU]HSá\ZX JD]yZ RGORWRZ\FK OXE FLĞQLHQLD G\QDPLF]QHJR JD]yZ
RGORWRZ\FK GRSXV]F]D VLĊ RGVWĊSVWZD RG SURZDG]HQLD FLąJá\FK SRPLDUyZ SUĊGNRĞFL SU]HSá\ZX
JD]yZ RGORWRZ\FK OXE FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD
REMĊWRĞFLJD]yZRGORWRZ\FKPHWRGąELODQVRZąJG\JZDUDQWXMHRQDX]\VNDQLHQLHSHZQRĞFLZ\QLNX
PQLHMV]HMQLĪ
'RSXV]F]D VLĊ RGVWĊSVWZD RG SURZDG]HQLD FLąJá\FK SRPLDUyZ ZLOJRWQRĞFL EH]Z]JOĊGQHM JD]yZ
RGORWRZ\FK OXE VWRSQLD ]DZLOĪHQLD JD]yZ RGORWRZ\FK RUD] LFK Z\]QDF]DQLH PHWRGą ELODQVRZą
JG\JZDUDQWXMHRQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ
']LHQQLN8VWDZ ±± Poz. 1542
±±
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+
320,$5Ï:(0,6-,'232:,(75=$'/$ħ5Ï'(à63$/$1,$3$/,:
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3\áRJyáHP PJP JUDZLPHWU\F]QD
62
PJP
DEVRUSFMDSURPLHQLRZDQLD,5OXE
89OXELQQDPHWRGDRSW\F]QDOXE
LQQDPHWRGD]JRGQD]QRUPą
31(1
12[ZSU]HOLF]HQLXQD12
PJP
FKHPLOXPLQHVFHQF\MQDOXEDEVRUSFMD
SURPLHQLRZDQLD,5OXELQQD
PHWRGDRSW\F]QD
&2 PJP DEVRUSFMDSURPLHQLRZDQLD,5
+J JP PDQXDOQD]JRGQD]QRUPą31(1
OXELQVWUXPHQWDOQD]JRGQD
]QRUPą31(1UR]V]HU]RQD
RR]QDF]HQLH+JZID]LHVWDáHM
]JRGQLH]31(1
2 SDUDPDJQHW\F]QDFHOLF\UNRQRZHM
OXELQQDHOHNWURFKHPLF]QD
JZDUDQWXMąFDQLHSHZQRĞüSRPLDUX QLHZLĊNV]ąQLĪREM2
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXE FLĞQLHQLHG\QDPLF]QHJD]yZ
RGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZ
RGORWRZ\FK
. PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXE
EH]Z]JOĊGQHJD]yZ
RGORWRZ\FK
3D PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQD
JD]yZRGORWRZ\FKOXEVWRSLHĔ
]DZLOĪHQLDJD]yZRGORWRZ\FK
NJP
NJSDU\ZRGQHMNJJD]XVXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
ZSU]\SDGNXZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZ
RGORWRZ\FK
Z SU]\SDGNX VWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+320,$5Ï:(0,6-,
'232:,(75=$'/$ħ5Ï'(à63$/$1,$3$/,:
']LHQQLN8VWDZ ±± Poz. 1542
±±
8ZDJD
:SU]\SDGNXWXUELQJD]RZ\FKPHWRG\NąUHIHUHQF\MQąGOD12[MHVWPHWRGDFKHPLOXPLQHVFHQF\MQDOXE
LQQDPHWRGD]JRGQD]QRUPą,62LQRUPą,62
2EMDĞQLHQLD
3RPLDU\HPLVMLS\áXRJyáHPQLHVąZ\PDJDQHGODLQVWDODFMLWXUELQJD]RZ\FKRSDODQ\FKJD]HP
]LHPQ\POXEJD]HPFLHNá\P
,5±SURPLHQLRZDQLHSRGF]HUZRQH
0HWRG\RSW\F]QHSRPLDUX62REHMPXMąPHWRGĊIOXRUHVFHQF\MQąZREV]DU]HXOWUDILROHWX
12;Z SU]HOLF]HQLX QD 12 ± WOHQHN D]RWX L GZXWOHQHN D]RWX Z SU]HOLF]HQLX QD GZXWOHQHN
D]RWX
+J ± UWĊü RJyOQD UR]XPLDQD MDNR VXPD ]DZDUWRĞFL UWĊFL Z JD]DFK RGORWRZ\FK QLH]DOHĪQLH RG
IRUP\ Z\VWĊSRZDQLD JD]RZD UR]SXV]F]RQD Z NURSHONDFK VWDáD ]DDGVRUERZDQD QD F]ąVWNDFK
VWDá\FK
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK Z\NRQDQLD RNUHVRZHJR
SRPLDUXSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXEFLĞQLHQLDG\QDPLF]QHJRJD]yZRGORWRZ\FK
GRSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXE
FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD REMĊWRĞFL JD]yZ
RGORWRZ\FK PHWRGą ELODQVRZą JG\ JZDUDQWXMH RQD X]\VNDQLH QLHSHZQRĞFL Z\QLNX PQLHMV]HM
QLĪ
'RSXV]F]D VLĊ RGVWĊSVWZD RG SURZDG]HQLD SRPLDUyZ ZLOJRWQRĞFL EH]Z]JOĊGQHM JD]yZ
RGORWRZ\FKOXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FKRUD]LFKZ\]QDF]DQLHPHWRGąELODQVRZą
JG\JZDUDQWXMHRQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ
']LHQQLN8VWDZ ±± Poz. 1542
±±
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+
,2.5(62:<&+320,$5Ï:(0,6-,'232:,(75=$'/$,167$/$&-,,
85=Ą'=(ē63$/$1,$/8%:63Ïà63$/$1,$2'3$'Ï:
7$%(/$$68%67$1&-(,3$5$0(75<0,(5=21(:6326Ï%&,Ą*à<25$=
0(72'<.,5()(5(1&<-1(:<.21<:$1,$320,$5Ï:&,Ą*à<&+
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3\áRJyáHP
PJP
WHFKQLNDGRZROQDZ]RUFRZDQDPHWRGą
JUDZLPHWU\F]Qą
62
PJP
DEVRUSFMDSURPLHQLRZDQLD,5OXE
89OXELQQDPHWRGDRSW\F]QD
]XZ]JOĊGQLHQLHPQRUP\
31,62
12[ZSU]HOLF]HQLXQD12
PJP
FKHPLOXPLQHVFHQF\MQDOXEDEVRUSFMD
SURPLHQLRZDQLD,5OXELQQDPHWRGD
RSW\F]QD]XZ]JOĊGQLHQLHPQRUP\
31,62
&2 PJP DEVRUSFMDSURPLHQLRZDQLD,5
+&O PJP DEVRUSFMDSURPLHQLRZDQLD,5
6XEVWDQFMHRUJDQLF]QHZSRVWDFL
JD]yZLSDUZ\UDĪRQHMDNR
FDáNRZLW\ZĊJLHORUJDQLF]Q\
PJP
WHFKQLNDFLąJáHMGHWHNFMLSáRPLHQLRZR
MRQL]DF\MQHM),'
+) PJP DEVRUSFMDSURPLHQLRZDQLD,5
2
SDUDPDJQHW\F]QDFHOLF\UNRQRZHMOXE
LQQDHOHNWURFKHPLF]QDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪREM2
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXE FLĞQLHQLHG\QDPLF]QHJD]yZ
RGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZRGORWRZ\FK
ZSU]HNURMXSRPLDURZ\P
.
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXE 3D PHWRGDGRZROQDJZDUDQWXMąFD
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+,2.5(62:<&+320,$5Ï:
(0,6-,'232:,(75=$'/$,167$/$&-,,85=Ą'=(ē63$/$1,$/8%:63Ïà63$/$1,$2'3$'Ï:
']LHQQLN8VWDZ ±± Poz. 1542
±±
EH]Z]JOĊGQHJD]yZRGORWRZ\FK QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQDJD]yZ
RGORWRZ\FKOXEVWRSLHĔ
]DZLOĪHQLDJD]yZRGORWRZ\FK
NJP NJSDU\ZRGQHMNJJD]XVXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
ZSU]\SDGNXZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZRGORWRZ\FK
ZSU]\SDGNXVWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
7$%(/$%68%67$1&-(0,(5=21(:6326Ï%2.5(62:<25$=0(72'<.,
5()(5(1&<-1(:<.21<:$1,$320,$5Ï:2.5(62:<&+
/S
1D]ZDVXEVWDQFML±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3E PJP QRUPD31(1
&U PJP QRUPD31(1
&X PJP QRUPD31(1
0Q PJP QRUPD31(1
1L PJP QRUPD31(1
$V PJP QRUPD31(1
&G PJP QRUPD31(1
+J PJP QRUPD31(1OXEPHWRGD
LQVWUXPHQWDOQD]JRGQD]QRUPą31(1
UR]V]HU]RQDRR]QDF]HQLH+JZID]LH
VWDáHM]JRGQLH]31(1
7O PJP QRUPD31(1
6E PJP QRUPD31(1
9 PJP QRUPD31(1
&R PJP QRUPD31(1
'LRNV\Q\LIXUDQ\ QJP QRUPD31(1
']LHQQLN8VWDZ ±± Poz. 1542
±±
62
PJP DEVRUSFMDSURPLHQLRZDQLD,5OXE89OXE
LQQDPHWRGDRSW\F]QDOXELQQDPHWRGD
]JRGQD]QRUPą31(1
12[
PJP FKHPLOXPLQHVFHQF\MQDOXEDEVRUSFMD
SURPLHQLRZDQLD,5OXELQQDPHWRGD
RSW\F]QD
+&O PJP QRUPD31(1
+) PJP GRZROQDPHWRG\NDPDQXDOQDRSDUWDQD
Z\W\F]Q\FKQRUP\,62
8ZDJL
6\VWHP\ GR FLąJá\FK SRPLDUyZ HPLVML GR SRZLHWU]D SRGOHJDMą SURFHGXURP ]JRGQ\P ]QRUPą
31(1]DSHZQLDMąF\PRGSRZLHGQLSR]LRPMDNRĞFLZW\PFRQDMPQLHMUD]ZURNXNRQWUROL
]DSRPRFąSRPLDUyZUyZQROHJá\FKSURZDG]RQ\FKSU]\XĪ\FLXLQQ\FKV\VWHPyZ]]DVWRVRZDQLHP
QDVWĊSXMąF\FK PHWRG\N UHIHUHQF\MQ\FK GOD S\áX RJyáHP ]JRGQLH ] QRUPą 31= OXE
QRUPą 31(1 GOD 62 ]JRGQLH ] QRUPą 31(1 OXE DOWHUQDW\ZQą PHWRGą
LQVWUXPHQWDOQą VSHáQLDMąFą Z\PDJDQLD QRUP\ 31,62 GOD 12[ ]JRGQLH ] QRUPą
31(1GOD&2]JRGQLH]QRUPą31(1GOD+&O]JRGQLH]QRUPą31(1OXE
DOWHUQDW\ZQą PHWRGą LQVWUXPHQWDOQą )7,5 GOD VXEVWDQFML RUJDQLF]Q\FK Z SRVWDFL JD]yZ L SDU
Z\UDĪRQ\FK MDNR FDáNRZLW\ ZĊJLHO RUJDQLF]Q\ ]JRGQLH ] QRUPą 31(1 GOD +) ]JRGQLH
]QRUPą ,62 OXE DOWHUQDW\ZQą PHWRGą LQVWUXPHQWDOQą )7,5 GOD 2 ]JRGQLH ] QRUPą
31(1GOD]DZDUWRĞFLSDU\ZRGQHMSRPLDUZLOJRWQRĞFLEH]Z]JOĊGQHMJD]yZRGORWRZ\FK
OXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FK]JRGQLH]QRUPą31(1
6\VWHP\ GR FLąJá\FK SRPLDUyZ HPLVML GR SRZLHWU]D SRGOHJDMą ]JRGQLH ] QRUPą 31(1
SHáQHMSURFHGXU]HNDOLEUDFMLLZDOLGDFMLZSU]\SDGNX
V\VWHPyZQRZRLQVWDORZDQ\FK
V\VWHPyZLVWQLHMąF\FK±FRQDMPQLHMUD]ZFLąJXWU]HFKODW
NDĪGHM ZLĊNV]HM ]PLDQ\ Z SUDF\ LQVWDODFML L XU]ąG]HQLD VSDODQLD OXE ZVSyáVSDODQLD
RGSDGyZLZLĊNV]\FK]PLDQOXEQDSUDZV\VWHPyZLVWQLHMąF\FK
)XQNFMDNDOLEUDF\MQDGODV\VWHPyZFLąJá\FKSRPLDUyZHPLVMLS\áXRJyáHPPRĪHE\üZ\]QDF]DQD
]XZ]JOĊGQLHQLHPZ\PDJDĔ]DZDUW\FKZQRUPLH31(1
:\PDJDQLD QRUP\ 31(1 Z ]DNUHVLH SURFHGXU\ 4$/ VWRVXMH VLĊ RG GQLD VW\F]QLD
U
:DUWRĞFLĞUHGQLH GRERZH Vą Z\]QDF]DQH QD SRGVWDZLH ZDUWRĞFL ĞUHGQLFK WU]\G]LHVWRPLQXWRZ\FK
OXE G]LHVLĊFLRPLQXWRZ\FK VWĊĪHĔ VXEVWDQFML ]PLHU]RQ\FK Z F]DVLH HNVSORDWDFML LQVWDODFML
LXU]ąG]HQLDVSDODQLDOXEZVSyáVSDODQLDRGSDGyZ]Z\áąF]HQLHPRNUHVyZUR]UXFKXLZ\áąF]DQLD
LQVWDODFML L XU]ąG]HQLD VSDODQLD OXE ZVSyáVSDODQLD RGSDGyZ R LOH Z WUDNFLH LFK WUZDQLD QLH Vą
VSDODQHRGSDG\SRRGMĊFLXZDUWRĞFLSU]HG]LDáXXIQRĞFLRNUHĞORQHJRZSNW
:DUWRĞFL SU]HG]LDáX XIQRĞFL GOD SRMHG\QF]HJR Z\QLNX SRPLDUX RNUHĞOD VLĊ ]JRGQLH ] QRUPą
31(1SU]\MPXMąFĪHZDUWRĞFLSU]HG]LDáXXIQRĞFLSRMHG\QF]HJRZ\QLNXSRPLDUXQLH
SRZLQQRSU]HNUDF]DüQDVWĊSXMąF\FKZDUWRĞFLZ\UDĪRQ\FKZSURFHQWDFKVWDQGDUGXHPLV\MQHJR
±ZSU]\SDGNX&2
±ZSU]\SDGNX62
±ZSU]\SDGNX12[
±ZSU]\SDGNXS\áXRJyáHP
±ZSU]\SDGNXFDáNRZLWHJRZĊJODRUJDQLF]QHJR
±ZSU]\SDGNX+&O
±ZSU]\SDGNX+)
3RPLDU\ Vą XQLHZDĪQLDQH Z GQLX Z NWyU\P ZLĊFHM QLĪ SLĊü ĞUHGQLFK WU]\G]LHVWRPLQXWRZ\FK
ZDUWRĞFLVWĊĪHĔNWyUHMNROZLHNVXEVWDQFMLMHVWQLHZDĪQ\FK]SRZRGXQLHVSUDZQRĞFLOXENRQVHUZDFML
V\VWHPXGRFLąJá\FKSRPLDUyZHPLVML-HĪHOLZFLąJXURNXNDOHQGDU]RZHJRZ\VWąSLZLĊFHMQLĪ
']LHQQLN8VWDZ ±± Poz. 1542
±±
GQLZNWyU\FKSRPLDU\]RVWDQąXQLHZDĪQLRQH]SRZRGXQLHVSUDZQRĞFLOXENRQVHUZDFMLV\VWHPX
GR FLąJá\FK SRPLDUyZ HPLVML WR SURZDG]ąF\ LQVWDODFMĊ OXE XĪ\WNRZQLN XU]ąG]HQLD SRGHMPXMH
G]LDáDQLD Z FHOX ]ZLĊNV]HQLD QLH]DZRGQRĞFL SUDF\ WHJR V\VWHPX L LQIRUPXMH ZRMHZyG]NLHJR
LQVSHNWRUDRFKURQ\ĞURGRZLVNDRSRGMĊW\FKG]LDáDQLDFK
2EMDĞQLHQLD
,5±SURPLHQLRZDQLHSRGF]HUZRQH
12;ZSU]HOLF]HQLXQD12±WOHQHND]RWXLGZXWOHQHND]RWXZSU]HOLF]HQLXQDGZXWOHQHND]RWX
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK ]DLQVWDORZDQLD XU]ąG]HĔ GR
FLąJáHJR SRPLDUX SUĊGNRĞFL SU]HSá\ZX JD]yZ RGORWRZ\FK OXE FLĞQLHQLD G\QDPLF]QHJR JD]yZ
RGORWRZ\FK GRSXV]F]D VLĊ RGVWĊSVWZD RG SURZDG]HQLD FLąJá\FK SRPLDUyZ SUĊGNRĞFL SU]HSá\ZX
JD]yZ RGORWRZ\FK OXE FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD
REMĊWRĞFLJD]yZRGORWRZ\FKPHWRGąELODQVRZąJG\JZDUDQWXMHRQDX]\VNDQLHQLHSHZQRĞFLZ\QLNX
PQLHMV]HMQLĪ
'RSXV]F]D VLĊ RGVWĊSVWZD RG SURZDG]HQLD FLąJá\FK SRPLDUyZ ZLOJRWQRĞFL EH]Z]JOĊGQHM JD]yZ
RGORWRZ\FK OXE VWRSQLD ]DZLOĪHQLD JD]yZ RGORWRZ\FK RUD] LFK Z\]QDF]DQLH PHWRGą ELODQVRZą
JG\JZDUDQWXMHRQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ
+J ± UWĊü RJyOQD UR]XPLDQD MDNR VXPD ]DZDUWRĞFL UWĊFL Z JD]DFK RGORWRZ\FK QLH]DOHĪQLH RG
IRUP\ Z\VWĊSRZDQLD JD]RZD UR]SXV]F]RQD Z NURSHONDFK VWDáD ]DDGVRUERZDQD QD F]ąVWNDFK
VWDá\FK
'RW\F]\SU]\SDGNXRNWyU\PPRZDZXVWSNWQLQLHMV]HJRUR]SRU]ąG]HQLD
0HWRG\RSW\F]QHSRPLDUX62REHMPXMąPHWRGĊIOXRUHVFHQF\MQąZREV]DU]HXOWUDILROHWX
'RW\F]\SU]\SDGNXRNWyU\PPRZDZXVWSNWQLQLHMV]HJRUR]SRU]ąG]HQLD
'RW\F]\SU]\SDGNXRNWyU\PPRZDZXVWSNWQLQLHMV]HJRUR]SRU]ąG]HQLD
'RW\F]\SU]\SDGNyZRNWyU\FKPRZDZXVWSNWQLQLHMV]HJRUR]SRU]ąG]HQLD
']LHQQLN8VWDZ ±± Poz. 1542
±±
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+
320,$5Ï:(0,6-,'232:,(75=$'/$,167$/$&-,'235=(7:$5=$1,$
$=%(678/8%352'8.7Ï:=$:,(5$-Ą&<&+$=%(67
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
$]EHVW OLF]EDZáyNLHQFP
OLF]HQLDZáyNLHQZPLNURVNRSLL
RSW\F]QHM
3\áRJyáHP PJP JUDZLPHWU\F]QD
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXE FLĞQLHQLHG\QDPLF]QHJD]yZ
RGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZRGORWRZ\FK . PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXE
EH]Z]JOĊGQHJD]yZRGORWRZ\FK
3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQDJD]yZ
RGORWRZ\FKOXEVWRSLHĔ]DZLOĪHQLD
JD]yZRGORWRZ\FK
NJP
NJSDU\ZRGQHMNJJD]XVXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
ZSU]\SDGNXZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZRGORWRZ\FK
ZSU]\SDGNXVWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
8ZDJL
3RPLDU\ HPLVML D]EHVWX GR SRZLHWU]D Z\NRQXMH VLĊ SR L]RNLQHW\F]Q\P SREUDQLX SUyENL QD ILOWU
LR]QDF]HQLXPHWRGąOLF]HQLDZáyNLHQZPLNURVNRSLLRSW\F]QHMID]RZRNRQWUDVWRZHM
3RPLDU\ HPLVML S\áX RJyáHP GR SRZLHWU]D Z\NRQXMH VLĊ MHĪHOL QLH Vą SURZDG]RQH RNUHVRZH
SRPLDU\ HPLVML D]EHVWX GR SRZLHWU]D L GOD LQVWDODFML MHVW XVWDORQ\ VWDQGDUG HPLV\MQ\ S\áX
ZSURZDG]DQHJRGRSRZLHWU]DNRPLQHP]JRGQLH]SU]HSLVDPLZVSUDZLHVWDQGDUGyZHPLV\MQ\FK
]LQVWDODFMLGRSURGXNFMLOXEREUyENLZ\UREyZD]EHVWRZ\FK
2EMDĞQLHQLD
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK Z\NRQDQLD RNUHVRZHJR
SRPLDUXSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXEFLĞQLHQLDG\QDPLF]QHJR JD]yZRGORWRZ\FK
GRSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXE
FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD REMĊWRĞFL JD]yZ
RGORWRZ\FK PHWRGą ELODQVRZą JG\ JZDUDQWXMH RQD X]\VNDQLH QLHSHZQRĞFL Z\QLNX PQLHMV]HM
QLĪ
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+320,$5Ï:(0,6-,
'232:,(75=$'/$,167$/$&-,'235=(7:$5=$1,$$=%(678/8%352'8.7Ï:
=$:,(5$-Ą&<&+$=%(67
']LHQQLN8VWDZ ±± Poz. 1542
±±
'RSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZZLOJRWQRĞFLEH]Z]JOĊGQHMJD]yZRGORWRZ\FK
OXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FKRUD]LFKZ\]QDF]DQLHPHWRGąELODQVRZąJG\JZDUDQWXMH
RQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ
']LHQQLN8VWDZ ±± Poz. 1542
±±
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+
320,$5Ï:(0,6-,'232:,(75=$'/$,167$/$&-,'2352'8.&-,
':87/(1.87<7$18
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3\áRJyáHP PJP
WHFKQLNDGRZROQDZ]RUFRZDQD
PHWRGąJUDZLPHWU\F]Qą
62
PJP
DEVRUSFMDSURPLHQLRZDQLD,5OXE
89OXELQQDPHWRGDRSW\F]QD
]XZ]JOĊGQLHQLHPQRUP\
31,62
&O
PJP
HOHNWURFKHPLF]QDOXE
NRORU\PHWU\F]QD]RUDQĪHP
PHW\ORZ\P
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXEFLĞQLHQLH
G\QDPLF]QHJD]yZRGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZRGORWRZ\FK . PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXE
EH]Z]JOĊGQHJD]yZRGORWRZ\FK
3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQDJD]yZ
RGORWRZ\FKOXEVWRSLHĔ
]DZLOĪHQLDJD]yZRGORWRZ\FK
NJP
NJSDU\ZRGQHMNJJD]XVXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
Z SU]\SDGNX ZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZRGORWRZ\FK
Z SU]\SDGNX VWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
8ZDJL
6\VWHP\ GR FLąJá\FK SRPLDUyZ HPLVML GR SRZLHWU]D SRGOHJDMą SURFHGXURP ]JRGQ\P ]QRUPą
31(1]DSHZQLDMąF\PRGSRZLHGQLSR]LRPMDNRĞFLZW\PFRQDMPQLHMUD]ZURNXNRQWUROL
]DSRPRFąSRPLDUyZUyZQROHJá\FKSURZDG]RQ\FKSU]\XĪ\FLXLQQ\FKV\VWHPyZ]]DVWRVRZDQLHP
QDVWĊSXMąF\FK PHWRG\N UHIHUHQF\MQ\FK GOD S\áX RJyáHP ]JRGQLH ] QRUPą 31= OXE
QRUPą 31(1 GOD 62 ]JRGQLH ] QRUPą 31(1 OXE DOWHUQDW\ZQą PHWRGą
LQVWUXPHQWDOQąVSHáQLDMąFąZ\PDJDQLDQRUP\31,62GOD]DZDUWRĞFLSDU\ZRGQHMSRPLDU
ZLOJRWQRĞFLEH]Z]JOĊGQHMJD]yZRGORWRZ\FKOXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FK]JRGQLH
]QRUPą31(1
6\VWHP\ GR FLąJá\FK SRPLDUyZ HPLVML GR SRZLHWU]D SRGOHJDMą ]JRGQLH ] QRUPą 31(1
SHáQHMSURFHGXU]HNDOLEUDFMLLZDOLGDFMLZSU]\SDGNX
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$&,Ą*à<&+320,$5Ï:(0,6-,
'232:,(75=$'/$,167$/$&-,'2352'8.&-,':87/(1.87<7$18
']LHQQLN8VWDZ ±± Poz. 1542
±±
V\VWHPyZQRZRLQVWDORZDQ\FK
V\VWHPyZLVWQLHMąF\FK±FRQDMPQLHMUD]ZFLąJXSLĊFLXODW
NDĪGHMZLĊNV]HM]PLDQ\ZSUDF\LQVWDODFMLGRSURGXNFMLGZXWOHQNXW\WDQX]PLDQOXEQDSUDZ
V\VWHPyZLVWQLHMąF\FK
:\PDJDQLD QRUP\ 31(1 Z ]DNUHVLH SURFHGXU\ 4$/ VWRVXMH VLĊ RG GQLD VW\F]QLD
U
:DUWRĞFL SU]HG]LDáX XIQRĞFL GOD SRMHG\QF]HJR Z\QLNX SRPLDUX RNUHĞOD VLĊ ]JRGQLH ] QRUPą
31(1SU]\MPXMąFĪHZDUWRĞFLSU]HG]LDáXXIQRĞFLSRMHG\QF]HJRZ\QLNXSRPLDUXQLH
SRZLQQRSU]HNUDF]DüQDVWĊSXMąF\FKZDUWRĞFLZ\UDĪRQ\FKZSURFHQWDFKVWDQGDUGXHPLV\MQHJR
±ZSU]\SDGNX62
±ZSU]\SDGNXS\áXRJyáHP
=DWZLHUG]RQH ZDUWRĞFL ĞUHGQLH MHGQRJRG]LQQH L ĞUHGQLH GRERZH VWĊĪHĔ VXEVWDQFML RNUHĞOD VLĊ QD
SRGVWDZLH ZDĪQ\FK SRPLDURZ\FK ZDUWRĞFL ĞUHGQLFK MHGQRJRG]LQQ\FK SR RGMĊFLX ZDUWRĞFL
SU]HG]LDáXXIQRĞFLRNUHĞORQHJRZSNW
3RPLDU\ Vą XQLHZDĪQLDQH Z GQLX Z NWyU\P ZLĊFHM QLĪ SLĊü ĞUHGQLFK MHGQRJRG]LQQ\FK ZDUWRĞFL
VWĊĪHĔNWyUHMNROZLHNVXEVWDQFMLMHVWQLHZDĪQ\FK]SRZRGXQLHVSUDZQRĞFLOXENRQVHUZDFMLV\VWHPX
GRFLąJá\FKSRPLDUyZHPLVML-HĪHOLZFLąJXURNXNDOHQGDU]RZHJRZ\VWąSLZLĊFHMQLĪGQLZ
NWyU\FK SRPLDU\ ]RVWDQą XQLHZDĪQLRQH ] SRZRGX QLHVSUDZQRĞFL OXE NRQVHUZDFML V\VWHPX GR
FLąJá\FK SRPLDUyZ HPLVML WR SURZDG]ąF\ LQVWDODFMĊ OXE XU]ąG]HQLH SRGHMPXMH G]LDáDQLD Z FHOX
]ZLĊNV]HQLD QLH]DZRGQRĞFL SUDF\ WHJR V\VWHPX L LQIRUPXMH ZRMHZyG]NLHJR LQVSHNWRUD RFKURQ\
ĞURGRZLVNDRSRGMĊW\FKG]LDáDQLDFK
2EMDĞQLHQLD
&LąJá\SRPLDUHPLVML62SRZLQLHQE\üX]XSHáQLRQ\RNUHVRZ\PLSRPLDUDPLHPLVML62[6262
L+62 Z\NRQ\ZDQ\PL ] F]ĊVWRWOLZRĞFLą FR QDMPQLHM UD] QD NZDUWDá ]JRGQLH ]QRUPą
31(1ZFHOXRNUHĞOHQLDLFKXG]LDáXZJD]DFKRGORWRZ\FKLREOLF]HQLDZLHONRĞFLHPLVMLVXP\
W\FK]ZLą]NyZZSU]HOLF]HQLXQD62
:SU]\SDGNXVWRVRZDQLDUHDNFMLVXOIDW\]DFML
,5±SURPLHQLRZDQLHSRGF]HUZRQH
:SU]\SDGNXVWRVRZDQLDUHDNFMLFKORURZDQLD
&KORUJD]RZ\
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK Z\NRQDQLD RNUHVRZHJR
SRPLDUXSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXEFLĞQLHQLDG\QDPLF]QHJR JD]yZRGORWRZ\FK
GRSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXE
FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD REMĊWRĞFL JD]yZ
RGORWRZ\FK PHWRGą ELODQVRZą JG\ JZDUDQWXMH RQD X]\VNDQLH QLHSHZQRĞFL Z\QLNX PQLHMV]HM
QLĪ
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
'RSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZZLOJRWQRĞFLEH]Z]JOĊGQHMJD]yZRGORWRZ\FK
OXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FKRUD]LFKZ\]QDF]DQLHPHWRGąELODQVRZąJG\JZDUDQWXMH
RQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ
']LHQQLN8VWDZ ±± Poz. 1542
±±
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+
320,$5Ï:(0,6-,'232:,(75=$'/$,167$/$&-,'2352'8.&-,
':87/(1.87<7$18
/S
1D]ZDVXEVWDQFMLOXESDUDPHWUX
±]DNUHV
-HGQRVWNDPLDU\
0HWRG\NDUHIHUHQF\MQD
3\áRJyáHP PJP JUDZLPHWU\F]QD
62
PJP DEVRUSFMDSURPLHQLRZDQLD,5OXE
89OXELQQDPHWRGDRSW\F]QDOXE
LQQDPHWRGD]JRGQD]QRUPą
31(1
62[
PJP
PHWRGD]JRGQD]QRUPą
31(1
&O
PJP
HOHNWURFKHPLF]QDOXE
NRORU\PHWU\F]QD]RUDQĪHP
PHW\ORZ\P
3UĊGNRĞüSU]HSá\ZXJD]yZ
RGORWRZ\FKOXEFLĞQLHQLH
G\QDPLF]QHJD]yZRGORWRZ\FK
PV 3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ą
QLĪ
7HPSHUDWXUDJD]yZRGORWRZ\FK . PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪ.
&LĞQLHQLHVWDW\F]QHOXE
EH]Z]JOĊGQHJD]yZRGORWRZ\FK
3D
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXQLHZLĊNV]ą
QLĪK3D
:LOJRWQRĞüEH]Z]JOĊGQDJD]yZ
RGORWRZ\FKOXEVWRSLHĔ
]DZLOĪHQLDJD]yZRGORWRZ\FK
NJP
NJSDU\ZRGQHMNJJD]XVXFKHJR
PHWRGDGRZROQDJZDUDQWXMąFD
QLHSHZQRĞüSRPLDUXPQLHMV]ąQLĪ
ZSU]\SDGNXZLOJRWQRĞFL
EH]Z]JOĊGQHMJD]yZRGORWRZ\FK
Z SU]\SDGNX VWRSQLD
]DZLOĪHQLDJD]yZRGORWRZ\FK
2EMDĞQLHQLD
:SU]\SDGNXVWRVRZDQLDUHDNFMLVXOIDW\]DFML
,5±SURPLHQLRZDQLHSRGF]HUZRQH
0HWRG\RSW\F]QHSRPLDUX62REHMPXMąPHWRGĊIOXRUHVFHQF\MQąZREV]DU]HXOWUDILROHWX
62[R]QDF]D]ZLą]NLVLDUNLREHMPXMąFH6262L+62ZSU]HOLF]HQLXQD62
:SU]\SDGNXVWRVRZDQLDUHDNFMLFKORURZDQLD
&KORUJD]RZ\
: SU]\SDGNX EUDNX PRĪOLZRĞFL WHFKQLF]Q\FK OXE PHWURORJLF]Q\FK Z\NRQDQLD RNUHVRZHJR
SRPLDUXSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXEFLĞQLHQLDG\QDPLF]QHJR JD]yZRGORWRZ\FK
=DáąF]QLNQU
=$.5(625$=0(72'<.,5()(5(1&<-1(:<.21<:$1,$2.5(62:<&+320,$5Ï:(0,6-,
'232:,(75=$'/$,167$/$&-,'2352'8.&-,':87/(1.87<7$18
']LHQQLN8VWDZ ±± Poz. 1542
±±
GRSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZSUĊGNRĞFLSU]HSá\ZXJD]yZRGORWRZ\FKOXE
FLĞQLHQLD G\QDPLF]QHJR JD]yZ RGORWRZ\FK RUD] Z\]QDF]DQLH VWUXPLHQLD REMĊWRĞFL JD]yZ
RGORWRZ\FK PHWRGą ELODQVRZą JG\ JZDUDQWXMH RQD X]\VNDQLH QLHSHZQRĞFL Z\QLNX PQLHMV]HM
QLĪ
1LHSHZQRĞü SRPLDUX ± QLHSHZQRĞü UR]V]HU]RQD ]H ZVSyáF]\QQLNLHP UR]V]HU]HQLD N FR
RGSRZLDGDSU]HG]LDáRZLXIQRĞFL
'RSXV]F]DVLĊRGVWĊSVWZDRGSURZDG]HQLDSRPLDUyZZLOJRWQRĞFLEH]Z]JOĊGQHMJD]yZRGORWRZ\FK
OXEVWRSQLD]DZLOĪHQLDJD]yZRGORWRZ\FKRUD]LFKZ\]QDF]DQLHPHWRGąELODQVRZąJG\JZDUDQWXMH
RQDX]\VNDQLHQLHSHZQRĞFLZ\QLNXPQLHMV]HMQLĪ