Whittier Wood Furniture 225Wa User manual

32%R[
(XJHQH2586$
3URGXFWLRQ&RGH
91 
0RGHO
:D
.LG¶V5RFNHU
$VVHPEO\,QVWUXFWLRQV
&RQJUDWXODWLRQV
7KLVILQHSLHFHRIIXUQLWXUHZLOOPDNHDJRUJHRXVDGGLWLRQWR
\RXUKRPH)RUWKHEHVWUHVXOWVUHDGWKH$VVHPEO\
,QVWUXFWLRQVDQG)LQLVKLQJ+LQWVEHIRUH\RXEHJLQ\RXU
SURMHFW
,03257$17127(6
x )RUQRUPDOKRXVHKROGXVHRQO\1RWUHFRPPHQGHGIRUFRPPHUFLDOXVH
x 'RQRWFOLPERUVWDQGRQWKLVSLHFHRIIXUQLWXUH
x 8VHFDUHDQGFDXWLRQWRDVVHPEOHWKLVFKDLUH[DFWO\DVVKRZQLQ
WKHDVVHPEO\LQVWUXFWLRQV
x $OZD\VNHHSFKLOGLQYLHZZKLOHLQURFNHU1HYHUOHDYHFKLOGXQDWWHQGHG
x 1HYHUOLIWWKHURFNHUZLWKDFKLOGLQLW:KHQPRYLQJWKHURFNHUDOZD\V
OLIWXQGHUWKHVHDWQHYHUXQGHUWKHDUPV
x %HIRUH\RXEHJLQ\RXUSURMHFWFRPSOHWHO\UHDGWKH$VVHPEO\
,QVWUXFWLRQVDQG)LQLVKLQJ+LQWV
x 6WRUHWKLVLWHPLQLWVER[LQDGU\SODFHLQWHPSHUDWXUHVWKDW
UDQJHIURP)WR)QRWRQDFROGDQGSRVVLEO\GDPSFHPHQW
IORRU
x 3HULRGLFDOO\LQVSHFW\RXUIXUQLWXUHIRUDQ\ORRVHJOXHMRLQWVVFUHZVRU
DQ\RWKHUSUREOHPWKDWPLJKWDIIHFWWKHVWDELOLW\RI\RXUIXUQLWXUH
7LJKWHQRUUHSDLUDVQHHGHG
:$51,1*
1RWLFHWR&DOLIRUQLD&XVWRPHUV
&DOLIRUQLD3URSUHTXLUHVFRQVXPHUJRRGVWREHODEHOHGLIDQ\RQHRI
GLIIHUHQWFKHPLFDOVRUVXEVWDQFHVLQFOXGLQJZRRGGXVWLVSUHVHQW
HYHQLQWUDFHDPRXQWV'ULOOLQJVDZLQJVDQGLQJRUPDFKLQLQJZRRG
SURGXFWVJHQHUDWHVZRRGGXVWDVXEVWDQFHNQRZQWRWKH6WDWHRI
&DOLIRUQLDWRFDXVHFDQFHU:DUQLQJ7KLVSURGXFWFRQWDLQVDFKHPLFDO
RUVXEVWDQFHNQRZQWRWKH6WDWHRI&DOLIRUQLDWRFDXVHFDQFHUELUWK
GHIHFWVRURWKHUUHSURGXFWLYHKDUP
&DOLIRUQLD+HDOWKDQG6DIHW\&RGH6HFWLRQ
'(6,*168%-(&772&+$1*(:,7+287127,&(
&$//86),567'RQRWUHWXUQWKLVLWHPWRWKHVWRUH
6HUYLFH3ROLF\:HZLOOUHSODFHDQ\SDUWWKDWLVGHIHFWLYH
PLVVLQJRUGDPDJHGGXULQJDVVHPEO\)RUDUHSODFHPHQW
SDUWGLUHFWO\FRQWDFW:KLWWLHU:RRG3URGXFWVFXVWRPHU
VHUYLFHGHSDUWPHQWE\SKRQHID[PDLORUHPDLO
+RXUV2XUIULHQGO\FXVWRPHUVHUYLFHVWDIIFDQEHUHDFKHG
0RQGD\)ULGD\DPWRSP3DFLILF7LPH<RX
PD\OHDYHDPHVVDJHKRXUVDGD\VHYHQGD\VDZHHN
7R2UGHU3URYLGHWKHIXUQLWXUHPRGHOQXPEHUXSSHU
SRUWLRQRIWKLVSDJHWKHSDUWOHWWHUSURGXFWLRQFRGH
TXDQWLW\QHHGHGUHDVRQIRUUHSODFHPHQWDQG\RXUIXOO
QDPHDGGUHVVDQGWHOHSKRQHQXPEHU
3DUWVVKLSIURPRXU(XJHQH2UHJRQIDFWRU\ZLWKLQRQHRU
WZREXVLQHVVGD\VIURPWKHWLPHZHUHFHLYH\RXUUHTXHVW
3OHDVHDOORZILYHWRWHQEXVLQHVVGD\VIRUGHOLYHU\
 2XWVLGHWKH86RU&DQDGD)D[
ZZZZKLWWLHUZRRGFRP32%R[(XJHQH2UHJRQ86$

3DJH²:D²
:D.LG¶V5RFNHU²3DUWV/LVW
3OHDVHLGHQWLI\WKHSDUWVDQGFKHFNWKDWTXDQWLWLHVUHFHLYHGPDWFKZKDWLVRQWKLVOLVW
,I\RXQHHGWRUHSODFHDSDUWUHIHUWRWKHIROORZLQJOHWWHUDQGLWHPQDPH
'$UP6SLQGOH 
3DUW 'HVFULSWLRQ 4XDQWLW\
$5RFNHU5XQQHU 
.6KRUW%DFN6WUHWFKHU 
-%DFN
%/HJ
+6HDW 


(/HIW$UP
)5LJKW$UP


*%DFNSRVW 
/:RRG%XWWRQ 
&/RQJ)URQW6WUHWFKHU 
1[%UDVV3DQ+HDG6FUHZ 
2%UDG 
3[%ODFN3DQ+HDG6FUHZ 
,%DFN6SLQGOH 
0:RRG(GJH 

3DJH²:D²
6KRXOGHU
&KXFN
:D.LG¶V5RFNHU
$VVHPEO\,QVWUXFWLRQV
7RROV5HTXLUHG

3KLOOLSV6FUHZGULYHU:RRG*OXH5XEEHU0DOOHWRU3DGGHG+DPPHU
)LJ
1
+
*
/
-*
1/
,
)LJ
0
+
72$66(0%/(%$&.$1'6($7
 6SUHDGJOXHLQWKHIRXUFHQWHUKROHVLQWKHWRSRIWKH6HDW+,QVHUWWKHODUJHUFKXFNHGHQGVRI
WKHIRXU%DFN6SLQGOHV,DVVKRZQLQ)LJXUH3URFHHGLPPHGLDWHO\WR6WHS±'2
1276723
3/($6(127(7KH%DFN-KDVD5281'('723('*(217+()5217DQGKDVDVTXDUH
HGJHLQEDFN
 6SUHDGDWKLQFRDWRIJOXHDERXWORQJFHQWHUHGLQWKHJURRYHVRQERWKHQGVRIWKH%DFN-
3XWWKH%DFNDQGWKH%DFNSRVWV*WRJHWKHUDVVKRZQLQ)LJXUH,QVHUWD[%UDVV3DQ
+HDG6FUHZ1WKURXJKWKHKROHLQWKHEDFNSRVWLQWRWKHSUHGULOOHGKROHLQWKHEDFNDQGIDVWHQ
VHFXUHO\4XLFNO\ZLSHRIIDQ\JOXHWKDWPD\EHVTXHH]HGRXW6SUHDGJOXHWKLQO\EXWHYHQO\LQWKH
IRXUKROHVLQWKHERWWRPRIWKH%DFN-WRRPXFKJOXHDQGLWZLOOGULSRXWDQGLQWKHWZRFRUQHU
KROHVLQWKHVHDW,QVHUWWKH%DFNSRVWVLQWRWKHVHKROHVZKLOHZRUNLQJWKH%DFN6SLQGOHV,LQWR
KROHVLQWKHEDFNRQHDWDWLPH,WPD\EHQHFHVVDU\WRXVHDUXEEHUPDOOHWRUSDGGHGKDPPHUWR
WDSWKHVHSLHFHVLQSODFH,WLVLPSRUWDQWWKDWWKHVKRXOGHUVRIWKHEDFNSRVWVDQGVSLQGOHVDUHLQ
FRQWDFWZLWKWKHVHDW
 6SUHDGDWKLQILOPRIJOXHLQWKHXSSHUVFUHZKROHVLQHDFKEDFNSRVWDQGWDS:RRG%XWWRQV/LQ
SODFH
 $IWHUWKHEDFNLVLQSODFHSXWDOLWWOHJOXHRQWKHWDSHUHGHQGVRIWKH:RRG:HGJHV0DQGSRXQG
WKHPLQWRWKHVORWVLQWKHERWWRPRIWKH%DFNSRVWV*DVVKRZQLQ)LJXUH
,03257$17
5($'*/8,1*+,176
%()25($66(0%/,1*
127,17(1'(')2586(
%<&+,/'5(1:,7+287
$'8/7683(59,6,21
5RXQGHGHGJHWRIURQW
*

3DJH²:D²
72$77$&+/(*672675(7&+(56
 6SUHDGDWKLQOD\HURIJOXHLQWKHKROHVLQWKH/HJV%$WWDFKWKH/RQJ)URQW6WUHWFKHU&DQG
WKH6KRUW%DFN6WUHWFKHU.WRDSDLURIOHJVDVVKRZQLQ)LJXUH
352&((',00(',$7(/<7267(3:,7+287'(/$<
)LJ
72$77$&+7+(/(*6726($7
 :LWKWKH6HDW+OD\LQJIDFHGRZQRQDSURWHFWHGVXUIDFHVSUHDGJOXHHYHQO\LQWKHIRXUOHJ
KROHVLQWKHERWWRPRIWKHVHDWDQGLQVHUWWKHSDLURIOHJVZLWKWKH/RQJ)URQW6WUHWFKHU&LQWKH
WZRIURQWKROHV7KHVWUHWFKHUVPXVWIDFHVLGHWRVLGHDQGEHRQWKHHQGIDUWKHVWIURPWKHVHDW
5HSHDWIRUWKHRWKHUSDLURIOHJVZLWKWKH6KRUW%DFN6WUHWFKHUV.6HH)LJXUH
352&((',00(',$7(/<7267(3:,7+287'(/$<
%%
&
%%
.
)LJ
%
&%
)5217/(*6 %$&./(*6
+
.

3DJH²:D²
)LJ
72$77$&+52&.(55811(56
 127(7KHORQJHVWH[WHQVLRQRIWKHUXQQHUVKRXOGEHWRZDUGWKHEDFNRIWKHFKDLU
 6SUHDGJOXHLQWKHKROHVRIWKH5RFNHU5XQQHUV$7RSXWWKHUXQQHUVRQWKHOHJVSODFHWKH
IURQWKROHRQWKHIURQWOHJILUVWDQGWKHEDFNKROHRQWKHEDFNOHJ7KHUHVKRXOGEHDOLWWOHJLYHLI
WKHKROHVGRQ¶WTXLWHOLQHXSVRWKDWWKHEDFNOHJFDQEHSXVKHGVOLJKWO\WRZDUGWKHIURQWOHJ6HH
)LJXUH
726(&85(/(*6$1'52&.(55811(56
 6FUHZD[%ODFN3DQ+HDG6FUHZ3WKURXJKHDFKOHJFKXFNLQWRWKHVHDWDQGWKURXJK
ERWKVWUHWFKHUVLQWRWKHOHJV7KHVFUHZVPXVWEHLQVHUWHGDWVXFKDQDQJOHVRWKDWWKH\GRQRWJR
WKURXJKWKHRWKHUVLGHRIWKHVHDWRUOHJ6HH)LJXUH
 :LWKWKHURFNHUOD\LQJRQLWVVLGHKDPPHUD%UDG2WKURXJKWKHLQQHUHGJHRIWKHURFNHUUXQQHUV
LQWRWKHOHJFKXFNV6HH)LJXUHD
)LJ
&$
.
7RLQVHUWVFUHZDWSURSHUDQJOHWKHVFUHZ
KHDGVKRXOGEHDSSUR[LPDWHO\IURPWKH
QHDUHVWVXUIDFHZKHQVWDUWLQJVFUHZ
$
%3
3
)LJD
%
$
2
+

3DJH²:D²
)LJ
72$77$&+7+($506
 6SUHDGJOXHHYHQO\LQWKHIRXUDUPVSLQGOHKROHVLQWKHVHDW3XWWKH$UP6SLQGOHV'LQWKHKROHV
PDNLQJVXUHWKDWWKHVKRXOGHUVDUHLQFRQWDFWZLWKWKHVHDW6SUHDGJOXHOLJKWO\LQWKHKROHVLQ
WKH/HIWDQG5LJKW$UPV()WKHQZRUNWKHDUPVRQWRWKHVSLQGOHV%RWKDUPVVKRXOGEHVQXJ
DJDLQVWWKHEDFNSRVWV%HFDUHIXOQRWWRVFUDWFKWKHEDFNSRVWZLWKWKHDUPVZKLOHGRLQJWKLV
 ,QVHUW[%UDVV3DQ+HDG6FUHZV1WKURXJKWKHKROHVLQWKHEDFNSRVWVLQWRWKHDUPVDQG
WLJKWHQ ILUPO\6HH)LJXUH
)
'
(
1

32%R[
(XJHQH2586$
&yGLJRGHSURGXFFLyQ
91 
0RGHOR
:D
6LOODPHFHGRUD
SDUDQLxRD
,QVWUXFFLRQHVGHHQVDPEODU
£)HOLFLWDFLRQHV
(VWHHOHJDQWHPXHEOHVHUiXQDKHUPRVDDGLFLyQSDUDVX
KRJDU3DUDREWHQHUORVPHMRUHVUHVXOWDGRVOHDODV
LQVWUXFFLRQHVGHHQVDPEODU\ODVLQGLFDFLRQHVILQDOHVSDUD
FRPHQ]DUVXSUR\HFWR
127$6,03257$17(6
x 3DUDXVRGHYLYLHQGDVQRUPDOHV~QLFDPHQWH
x 1HVHWUHSHQLVHSDUHHQHVWHPXHEOH
x 1XQFDOHYDQWHODVLOODPHFHGRUDFRQHOQLxRHQODVLOOD&XDQGRPXHYD
ODVLOODPHFHGRUDVLHPSUHOHYiQWHODGHODVLHQWRQXQFDGHORVEUD]RV
x 6LHPSUHYLJLOHDOQLxRDFXDQGRHVWpHQODVLOODPHFHGRUD1XQFDGHMH
DOQLxRDVLQVXSHUYLVLyQ
1RVHUHFRPLHQGDSDUD
XVRFRPHUFLDO
x7HQJDFXLGDGR\XVHSUHFDXFLyQSDUDDUPDUHVWDVLOODH[DFWDPHQWHFRPR
VHPXHVWUDHQODVLQVWUXFFLRQHVSDUDDUPDU
x $QWHVGHFRPHQ]DUVXSUR\HFWROHDFRPSOHWDPHQWHODVLQVWUXFFLRQHV
GHHQVDPEODU
 \ODVLQGLFDFLRQHVILQDOHV
x *XDUGHHVWHDUWtFXORHQHVWDFDMDHQOXJDUVHFRHQ
WHPSHUDWXUDVHQWUHORV)\)QRHQXQSLVRGHFHPHQWRIUtR\
SRVLEOHPHQWHK~PHGR
x ,QVSHFFLRQHKDELWXDOPHQWHHOPXHEOHSDUDFRUURERUDUTXHQRVHKD\DQ
GHVSHJDGRODVMXQWDVDIORMDGRORVWRUQLOORVRSRUDOJ~QRWURSUREOHPD
TXHSXHGDDIHFWDUVXHVWDELOLGDG$MXVWHRUHSDUHVHJ~QVHDQHFHVDULR
$'9(57(1&,$
$YLVR3DUD7RGRV/RV&OLHQWHVGH&DOLIRUQLD
/D3URSGH&DOLIRUQLDUHTXLHUHTXHORVELHQHVGHFRQVXPRVHDQ
HWLTXHWDGRVVLDOJXQRGHORVPiVGHGLIHUHQWHVSURGXFWRVTXtPLFRVR
VXVWDQFLDVLQFOX\HQGRHOSROYRGHPDGHUDHVWiSUHVHQWHLQFOXVRHQ
SHTXHxDVFDQWLGDGHV7DODGUDUDVHUUDUOLMDURPDQXIDFWXUDUSURGXFWRV
GHPDGHUDJHQHUDSROYRGHPDGHUDXQDVXVWDQFLDTXHVHJ~QHO(VWDGR
GH&DOLIRUQLDSURYRFDFiQFHU$GYHUWHQFLD(VWHSURGXFWRFRQWLHQHXQ
TXtPLFRRXQDVXVWDQFLDFRQRFLGDHQHO(VWDGRGH&DOLIRUQLDFRPR
FDXVDQWHGHFiQFHUGHIHFWRVGHOQDFLPLHQWRXRWURVGDxRV
UHSURGXFWLYRV&yGLJRGH6DOXG\6HJXULGDGGH&DOLIRUQLD6HFFLyQ

',6(f268-(72$&$0%,26,1$9,62
£//È0(12635,0(521RGLYXHODHVWHDUWtFXORDODWLHQGD
3ROtWLFDGHVHUYLFLR5HHPSOD]DUHPRVFXDOTXLHUSDUWH
TXHVHDGHIHFWXRVDTXHIDOWHRHVWpGDxDGDGXUDQWHHO
HQVDPEOH3DUDREWHQHUXQDSDUWHGHUHHPSOD]R
FRQWiFWHVHGLUHFWDPHQWHFRQHOGHSDUWDPHQWRGHVHUYLFLR
DOFOLHQWHGH:KLWWLHU:RRG3URGXFWVSRUWHOpIRQRID[
FRUUHRSRVWDORHOHFWUyQLFR
+RUDULR1XHVWURFRUGLDOSHUVRQDOGHVHUYLFLRDOFOLHQWH
HVWiGLVSRQLEOHGHOXQHVDYLHUQHVGHDPDSP
+RUDULRGHO3DFtILFR3XHGHGHMDUXQPHQVDMHODV
KRUDVGHOGtDORVVLHWHGtDVGHODVHPDQD
3DUDKDFHUSHGLGRV3URYHDHOQ~PHURGHPRGHORGHO
PXHEOHHVTXLQDL]TXLHUGDVXSHULRUGHHVWDSDJLQDOD
OHWUDGHODSDUWHHOFyGLJRGHSURGXFFLyQODFDQWLGDG
QHFHVDULDHOPRWLYRGHOUHHPSOD]RVXQRPEUHFRPSOHWR
GLUHFFLyQ\QXPHURGHWHOpIRQR
/DVSDUWHVVHHQYtDQGHVGHQXHVWUDIiEULFDHQ(XJHQH
2UHJyQGHQWURGHXQRRGRVGtDVKiELOHVGHVGHHOGtDHQ
TXHUHFLELPRVVXSHGLGR3HUPLWDHQWUHFLQFR\GLH]GtDV
KiELOHVSDUDODHQWUHJD
 )XHUDGHORV(VWDGRV8QLGRVR&DQDGi)D[
ZZZZKLWWLHUZRRGFRP32%R[(XJHQH2UHJRQ86$

+HUUDPLHQWDV1HFHVDULDV'HVWRUQLOODGRU3KLOOLSV0DUWLOORFRQ3URWHFFLyQR0D]RGH*RPD
3HJDPHQWRSDUD0DGHUD
3DJH63²:D²
:D6LOODPHFHGRUDSDUDQLxRD
,QVWUXFFLRQHVGHHQVDPEODU
$  %DODQFtQ 
%  3DWD 
&  7UDYHVDxRODUJRGHODQWHUR 
'  (VSLJDGHOEUD]R  
(  %UD]RL]TXLHUGR  
)  %UD]RGHUHFKR 
*  6RSRUWHGHOUHVSDOGR 
+  $VLHQWR  
, (VSLJDGHOUHVSDOGR 
- 5HVSDOGR 
. 7UDYHVDxRFRUWRWUDVHUR
/ %RWyQGHPDGHUD  
0 &XxD  
1 7RUQLOORGHFDEH]DWURQFRFyQLFDGHODWyQ
[

2 &ODYRGHFDEH]DSHUGLGD 
3 7RUQLOORQHJURGHFDEH]DWURQFRFyQLFD
[ 
/LVWDGH3LH]DV
$17(6'(&20(1=$5$$50$5(/08(%/(
YHUL¿TXHTXHKD\DUHFLELGRWRGDVODVSLH]DVTXHVHLQGLFDQHQODOLVWDGHSLH]DVDFRQWLQXDFLyQ
&DQWLGDG'HVFULSFLyQ3DUWH &DQWLGDG'HVFULSFLyQ3DUWH

)LJ±6KRXOGHU 5HERUGHGHWRUQHDGR
&KXFN 3XQWDWRUQHDGD
8QWHSHJDPHQWRHQORVFXDWURRULILFLRVFHQWUDOHVGHODSDUWH
VXSHULRUGHODVLHQWR+,QVHUWHORVH[WUHPRVFRQSXQWDV
WRUQHDGDVPiVJUDQGHVGHODVHVSLJDVGHOUHVSDOGR,WDO
FRPRVHPXHVWUDHQOD)LJXUD
3URFHGD LQPHGLDWDPHQWH DO SDVR  12 6( '(7(1*$
$48,
325)$925720(127$(OUHVSDOGR-WLHQH81
%25'(5('21'($'23$5$/$3$57()5217$/
\WLHQHXQERUGHFXDGUDGRSDUDODSDUWHWUDVHUD
8QWH XQD FDSD GHOJDGD GH SHJDPHQWR DSUR[LPDGDPHQWH
GHODUJRHQODVUDQXUDVTXHVHHQFXHQWUDQHQORVH[WUH
PRVGHOUHVSDOGR-$UPHHOUHVSDOGRFRQORVVRSRUWHVGHO
UHVSDOGR*WDOFRPRVHPXHVWUDHQOD)LJXUD,QVHUWH
XQWRUQLOORGHODWyQGHFDEH]DWURQFRFyQLFD[1
DWUDYpVGHORULILFLRGHORVVRSRUWHVGHUHVSDOGR\GHQWURGHO
RULILFLR TXH VH HQFXHQWUD HQ HO UHVSDOGR \ DSULHWH ILUPH
PHQW5iSLGDPHQWH OLPSLH HOSHJDPHQWRTXH VDOJD 8QWH
XQDFDSDGHOJDGD\XQLIRUPHGHSHJDPHQWRHQORVFXDWUR
RULILFLRVTXHVHHQFXHQWUDQHQODSDUWHLQIHULRUGHOUHVSDOGR
-VLDSOLFDGHPDVLDGRSHJDPHQWRJRWHDUi\HQORVGRV
RULILFLRVGHODVHVTXLQDVGHODVLHQWR,QVHUWHORVVRSRUWHVGH
UHVSDOGRHQHVWRVRULILFLRVDODYH]TXHPHWHODVHVSLJDVGHO
UHVSDOGR,GHQWURGHORV RULILFLRV GHO UHVSDOGR XQR SRU
XQR7DOYH]VHDQHFHVDULRXWLOL]DUXQPDUWLOORGHJRPDSDUD
GDUJROSHFLWRV\SRGHUFRORFDUHVWDVSLH]DVHQVXOXJDU(V
LPSRUWDQWHTXHORVUHERUGHV GHOWRUQHDGR GHORVVRSRUWHV
GHO UHVSDOGR \ GH ODV HVSLJDV TXHGHQ HQ FRQWDFWR FRQ HO
DVLHQWR
8QWHXQDFDSDGHOJDGDGHSHJDPHQWRHQORVRULILFLRVVXSH
ULRUHVGRQGHHVWiQORVWRUQLOORVGHFDGDVRSRUWHGHUHVSDOGR
HLQVHUWHORVERWRQHVGHPDGHUD/
'HVSXpVGHTXHHOUHVSDOGRHVWpHQVXOXJDUSRQJDXQSRFR
GHSHJDPHQWRHQORVH[WUHPRVGHODVFXxDV0HLQVpUWHODV
HQ ODV UDQXUDV HQ OD SDUWH LQIHULRU GH ORV VRSRUWHV GHO
UHVSDOGRWDOFRPRVHPXHVWUDHQOD)LJXUD 

3$5$(16$0%/$5(/5(63$/'2<(/$6,(172
,03257$17(
£$17(6'($50$5/($/$668*(5(1&,$6
3$5$3(*$5
12(67È',6(f$'$3$5$6(587,/,=$'$325
1,f266,1/$683(59,6,Ï1'(81$'8/72

 &RQHODVLHQWR+ERFDDEDMRVREUHXQDVXSHUILFLHVXDYH
XQWHSHJDPHQWRXQLIRUPHPHQWHHQORVFXDWURRULILFLRVSDUD
ODVSDWDVHQODSDUWHLQIHULRUGHODVLHQWRHLQVHUWHHOSDUGH
SDWDVFRQHOWUDYHVDxRODUJRGHODQWHUR&HQORVGRVRULIL
FLRVGHODQWHURV/RVWUDYHVDxRVGHEHQTXHGDUHQHOIUHQWH\
SDUWHSRVWHULRUGHODVLOOD\HOH[WUHPRGHODVSDWDVTXHVH
LQVHUWHHQHODVLHQWRHVHOPiVUHWLUDGRGHORVWUDYHVDxRV
5HSLWD SDUD HO RWUR SDU GH SDWDV FRQ HO WUDYHVDxR FRUWR
WUDVHUR.9HDOD)LJXUD
3URFHGD LQPHGLDWDPHQWH DO SDVR  12 6( '(7(1*$
$48,

127$/DH[WHQVLyQPiVODUJDGHOEDODQFLQGHEHTXHGDU
KDFLDODSDUWHSRVWHULRUGHODVLOOD
8QWHSHJDPHQWRHQORVRULILFLRVGHORVEDODQFLQHV$3DUD
FRORFDUORVEDODQFLQHVHQODVSDWDVSULPHURFRORTXHODSDWD
IURQWDOGHQWUR GHORULILFLRIURQWDO GHOEDODQFLQ\ OXHJROD
SDWDWUDVHUDGHQWURGHORULILFLRWUDVHUR'HEHKDEHUXQSRFR
GHMXHJRGHPDQHUDTXHVLORVRULILFLRVQRHVWiQDOLQHDGRV
FRPSOHWDPHQWH VH GHEH SRGHU HPSXMDU OD SDWD WUDVHUD
OLJHUDPHQWHKDFLDHOIUHQWH9DOD)LJXUD
 $WRUQLOOH XQ WRUQLOOR QHJUR GH FDEH]D WURQFRFyQLFD
[3DWUDYpVGHFDGDSXQWDWRUQHDGDGHODVSDWDV\
GHQWURGHODVLHQWRRWURWRUQLOORDWUDYpVGHFDGDWUDYHVDxR
\GHQWURGHODVSDWDV/RVWRUQLOORVVHGHEHQLQVHUWDQDXQ
iQJXORWDOTXHQRDWUDYLHVHQDORWURODGRGHODVLHQWRRODV
SDWDV9HDOD)LJXUD
&RQODVLOODVREUHVXODGR\XWLOL]DQGRXQPDUWLOORLQVHUWHHO
FODYRGHFDEH]DSHUGLGD2DWUDYpVGHOERUGHLQWHULRUGH
FDGDEDODQFtQ\GHQWURGHODVSXQWDVWRUQHDGDVGHODVSDWDV
9HDOD)LJXUDD
)LJ±)URQW/HJV 3DWDVGHODQWHUDV
%DFN/HJV 3DWDVWUDVHUDV
8QWHXQDFDSDGHOJDGDGHSHJDPHQWRHQORVRULILFLRVGHODV
SDWDV % ,QVHUWH HO WUDYHVDxR ODUJR GHODQWHUR & \ HO
WUDYHVDxRFRUWRWUDVHUR.DXQSDUGHSDWDVWDOFRPRVH
PXHVWUDHQOD)LJXUD
3URFHGD LQPHGLDWDPHQWH DO SDVR  12 6( '(7(1*$
$48,

3$5$$50$5/$63$7$6</2675$9(6$f26
3$5$,167$/$5/$63$7$6$/$6,(172
3$5$,167$/$5/26%$/$1&,1(6
3$5$),-$5/$63$7$6</26%$/$1&,1(6
 8QWHSHJDPHQWRXQLIRUPHPHQWHHQORVFXDWURRULILFLRVTXH
WLHQHHODVLHQWRSDUDODVHVSLJDVGHORVEUD]RV,QVHUWHODV
HVSLJDVGHORVEUD]RV'HQORVRULILFLRVDVHJXUiQGRVHTXH
ORVUHERUGHVGHWRUQHDGRTXHGHQHQFRQWDFWRFRQHODVLHQWR
$SOLTXHXQDFDSDGHOJDGDGHSHJDPHQWRHQORVRULILFLRVGH
ORVEUD]RVL]TXLHUGR \GHUHFKR(\)OXHJRLQVHUWHODV
HVSLJDVHQORVEUD]RV$PERVEUD]RVGHEHQTXHGDUMXVWRV
FRQWUD ORV VRSRUWHV GHO UHVSDOGR $O KDGHU HVWR WHQJD
FXLGDGRSDUD QRDUDxDUORV VRSRUWHVGHOUHVSDOGR FRQORV
EUD]RV
,QVHUWHWRUQLOORVGHODWyQGHFDEH]DWURQFRFyQLFD[
1DWUDYpVGHORVRULILFLRVGHORVVRSRUWHVGHOUHVSDOGR\
GHQWURGHORVEUD]RV\DSULHWHILUPHPHQWH9HDOD)LJXUD
3$5$,167$/$5/26%5$=26
3DUDLQVHUWDUFRQHOiQJXORFRUUHFWRODFDEH]DGHOWRUQLOOR
GHEHHVWDUDDSUR[LPDGDPHQWHGHODVXSHUILFLHPiV
FHUFDQDDOFRPHQ]DUDDWRUQLOODU
3DJH63²:D²
:D6LOOD0HFHGRUD3DUD1LxRD

32%R[
(XJHQH2586$
&RGHGHSURGXFWLRQ
91 
1R'H0RGqOH
:D
)DXWHXLOjEDVFXOH
SRXUHQIDQW
,QVWUXFWLRQVG¶DVVHPEODJH
)pOLFLWDWLRQV
&HMROLPHXEOHDSSRUWHUDXQHWRXFKHG¶pOpJDQFHjYRWUH
LQWpULHXU3RXUGHPHLOOHXUVUpVXOWDWVFRQVXOWHUOHV
LQVWUXFWLRQVG¶DVVHPEODJHDLQVLTXHOHVFRQVHLOVGHILQLWLRQ
DYDQWGHFRPPHQFHU
5(0$548(6,03257$17(6
x 3RXUXQXVDJHGRPHVWLTXHXQLTXHPHQW1RQ UHFRPPDQGpSRXUXQ
XVDJHFRPPHUFLDO
x $\H]WRXMRXUVO¶HQIDQWVRXVOHV\HX[ORUVTXLOHVWDVVLVGDQVOHIDXWHXLO
jEDVFXOH1HODLVVH]MDPDLVO¶HQIDQWVDQVVXUYHLOODQFH
x 1HJULPSH]SDVVXUFHPHXEOHHWQHYRXVWHQH]SDVGHERXWGHVVXV
x 9HLOOH]WRXWSDUWLFXOLqUHPHQWjDVVHPEOHUFHIDXWHXLOH[DFWHPHQWFRPPH
LOOXVWUpGDQVOHVLQVWUXFWLRQVGHPRQWDJH
x 1HVRXOHYH]MDPDLVOHIDXWHXLOjEDVFXOHORUVTXXQHQIDQWHVWDVVLVGHGDQV
/RUVTXHYRXVGpSODFH]OHIDXWHXLOjEDVFXOHVRXOHYH]OHWRXMRXUVVRXVOH
VLqJHMDPDLVVRXVOHVDFFRXGRLUV
x $YDQWGHFRPPHQFHUOLUHDWWHQWLYHPHQWOHVLQVWUXFWLRQVG¶DVVHPEODJH
HWOHVFRQVHLOVGHILQLWLRQ
x (QWUHSRVHUFHWDUWLFOHGDQVVRQHPEDOODJHGDQVXQHQGURLWVHF
jGHVWHPSpUDWXUHVHQWUH&HW&pYLWHUOHVROHQFLPHQWIURLG
HWSRWHQWLHOOHPHQWKXPLGH
x ,QVSHFWHUUpJXOLqUHPHQWYRWUHPHXEOHDILQGHGpFHOHUOHVMRLQWVGpFROOpV
RXOHVYLVGHVVHUUpHVRXWRXWDXWUHSUREOqPHSRXYDQWDIIHFWHUOD
VWDELOLWpGHYRWUHPHXEOH6HUUHURXUpSDUHUOHFDVpFKpDQW
$9(57,66(0(17
$YLV$X[&OLHQWV'H&DOLIRUQLH
/DSURSRVLWLRQGH&DOLIRUQLHH[LJHO¶pWLTXHWDJHGHVELHQVGH
FRQVRPPDWLRQORUVTXHO¶XQGHVHWSOXVDJHQWVRXVXEVWDQFHV
FKLPLTXHVGRQWOHVSRXVVLqUHVGHERLVHVWSUpVHQWPrPHHQTXDQWLWpV
QpJOLJHDEOHV/HSHUoDJHOHVFLDJHOHSRQoDJHRXO¶XVLQDJHGHV
SURGXLWVGXERLVJpQqUHGHODSRXVVLqUHGHERLVXQHVXEVWDQFH
GpWHUPLQpHFRPPHpWDQWFDQFpULJqQHSDUO¶eWDWGH&DOLIRUQLH0LVHHQ
JDUGH /¶eWDWGH&DOLIRUQLHUHFRQQDvWTXHFHSURGXLWFRQWLHQWXQDJHQW
RXXQHVXEVWDQFHFKLPLTXHSRXYDQWFDXVHUOHFDQFHUGHVDQRPDOLHV
FRQJpQLWDOHVRXDXWUHVGRPPDJHVVXUO¶DSSDUHLOUHSURGXFWHXU&RGHGH
ODVDQWpHWGHODVpFXULWpGH&DOLIRUQLHDUWLFOH
/(02'Ê/((6768-(7¬02',),&$7,216$16
35e$9,6
$33(/(=1286'¶$%25'1HUHWRXUQH]SDVFHSURGXLWHQPDJDVLQ
3ROLWLTXHGHVHUYLFH1RXVUHPSODFHURQVWRXWHVOHV
SLqFHVGpIHFWXHXVHVPDQTXDQWHVRXHQGRPPDJpHV
SHQGDQWOHPRQWDJH3RXUREWHQLUOHVSLqFHVGH
UHPSODFHPHQWPHUFLGHFRQWDFWHUGLUHFWHPHQWOHVHUYLFHj
ODFOLHQWqOHGH:KLWWLHU:RRG3URGXFWVSDUWpOpSKRQH
WpOpFRSLHXUDGUHVVHSRVWDOHRXFRXUULHO
+RUDLUHV/HSHUVRQQHODFFXHLOODQWGHQRWUHVHUYLFHjOD
FOLHQWqOHHVWMRLJQDEOHGXOXQGLDXYHQGUHGLGHKjK
KHXUHGX3DFLILTXH9RXVSRXYH]ODLVVHUXQPHVVDJH
KHXUHVVXUVHSWMRXUVVXUVHSW
3RXUFRPPDQGHU,OYRXVIDXWIRXUQLUOHQXPpURGH
PRGqOHFRLQVXSpULHXUJDXFKHGHODSDJHODOHWWUH
FRUUHVSRQGDQWjODSLqFHOHFRGHGHSURGXFWLRQODTXDQWLWp
QpFHVVDLUHOHPRWLIGXUHPSODFHPHQWYRWUHQRPFRPSOHW
DGUHVVHHWQXPpURGHWpOpSKRQH
/HVSLqFHVVRQWH[SpGLpHVGHQRWUHXVLQHVLWXpHj(XJHQH
2UHJRQVRXVXQRXGHX[MRXUVRXYUDEOHVjFRPSWHUGHOD
UpFHSWLRQGHODGHPDQGH/HGpODLGHOLYUDLVRQYDULHHQWUH
FLQTHWGL[MRXUVRXYUDEOHV
 ¬O¶H[WpULHXUGHVeWDWV8QLVHWGX&DQDGD7pOpFRSLHXU
ZZZZKLWWLHUZRRGFRP32%R[(XJHQH2UHJRQ86$