,QKDOWVYHU]HLFKQLVV
(LQOHLWXQJ««««««««««««««««««««««««««« 'LHH$XVJDQJVODJH7LOOLFKV««««««««««««««««««««««« 5HOLJLRQ««««««««««««««««««««««««««««« 6R]LDOLVPXV««««««««««««««««««««««««««« 0HQVFK««««««««««««««««««««««««««««« .ULWLN«««««««««««««««««««««««««««««« *HLVWHVKDOWXQJHQ««««««««««««««««««««««««««« 6DNUDPHQWDOHH*HLVWHVKDOWXQJXQGGSROLWLVFKHH5RPDQWLN««««««««««« 5DWLRQDOHH*HLVWHVKDOWXQJXQGGEUJHUOLFKHH*HVHOOVFKDIW«««««««««« %HPHUNXQJ««««««««««««««««««««««««««« 'HUUUHOLJL|VHH6R]LDOLVPXV««««««««««««««««««««««« :LGHUVWUHLWWGHVVNODVVLVFKHQQ6R]LDOLVPXV«««««««««««««««« 5HOLJL|VHUU6R]LDOLVPXVVXQGGSURSKHWLVFKHH*HLVWHVKDOWXQJ««««««««« 3UDNWLVFKHH)RUGHUXQJHQQDQQGHQQUHOLJL|VHQQ6R]LDOLVPXV«««««««««« .ULWLN«««««««««««««««««««««««««««««
'LHH9HUHLQEDUNHLWWYRQQ5HOLJLRQQXQGG6R]LDOLVPXV«««««««««««««« 'DVVJHPHLQVDPHH=LHO««««««««««««««««««««««« 'LHH:LGHUVWlQGHHXQGLKUHHhEHUZLQGXQJ«««««««««««««««« 3UREOHPHHGHUU9HUHLQEDUNHLW«««««««««««««««««««««
)D]LW«««««««««««««««««««««««««««««««
(LQOHLWXQJ
5HOLJL|VHU 6R]LDOLVPXV DXII GHQQ HUVWHQQ %OLFNN VFKHLQWW KLHUU ]XVDPPHQJHIKUWW ]XX ZHUGHQ ZDV QLFKWW ]XVDPPHQQ JHK|UWW XQGG YLHOOHLFKWW QRFKK YLHOO ZHQLJHUU ]XVDPPHQQ JHK|UHQQ ZLOO $XII GHQQ ]ZHLWHQQ %OLFNN HULQQHUW PDQ VLFKK GDQQQ DEHUU HWZDD DQQ GLHH %HUJSUHGLJW XQG GDVV 8UFKULVWHQWXP RGHUUDQQGLHH7KHVHGDVVGHUU0DU[LVPXVVQXUULPPFKULVWOLFKDEHQGOlQGLVFKHQQ.XOWXUNRQWH[WWKDEH HQWVWHKHQQN|QQHQRGHUUDQFKULVWOLFKVR]LDOUHYROXWLRQlUHH%HZHJXQJHQQLQQ/DWHLQDPHULNDGLHHLQQ )LJXUHQQ ZLHH %LVFKRII 5RPHURR VRJDUU LKUH 0lUW\UHUU JHIXQGHQQ KDEHQ 6SlWHVWHQVV DQQ GLHVHP 3XQNWW GHUU $VVR]LDWLRQVNHWWHH VROOWHH GDQQQ DEHUU QDFKK JHQDXHUHQQ 'HILQLWLRQHQ VRZRKOO YRQQ 5HOLJLRQDOVVDXFKKYRQQ6R]LDOLVPXVVJHIUDJWZHUGHQ
*HQDXX KLHU EHJLQQWW GDQQQ HQGJOWLJ GDVV 3UREOHPP HLQHU ZLVVHQVFKDIWOLFKHQQ %HKDQGOXQJ GHV 5HOLJL|VHQ 6R]LDOLVPXV GHQQQ EHLGHH %HJULIIHH VLQG VFKLOOHUQGG XQGG YLHOJHVWDOWLJ DXII MHGHQQ )DOO NDXPPNRQNUHWWJUHLIEDU
$XVVGLHVHPP*UXQGGYHUVXFKWWGLHVHH+DXVDUEHLWW]XQlFKVWWGLHH'HILQLWLRQHQQ7LOOLFKVVVHOEVWWKHUDXVV ]XDUEHLWHQXPPDXIGLHVHU*UXQGODJHHGDQQQZHLWHUUGLHHYRQQLKPPJHIXQGHQHQQ*HPHLQVDPNHLWHQ XQGG $QWDJRQLVPHQQ GLHVHUU EHLGHQQ 3KlQRPHQHH ]X XQWHUVXFKHQ 'D]X ZLUGG GHUU UHOLJL|VH 6R]LDOLVPXVV LQ 7LOOLFKVV *HVHOOVFKDIWVELOGG YHURUWHWW XQGG GHVVHQQ 9RUWHLOHH IUU GLHH *HVHOOVFKDIWW ZHUGHQQKHUDXVJHDUEHLWHW'DQDFKKZLUGGJHQDXHUXQWHUVXFKWZDUXPP7LOOLFKGLHH9HUELQGXQJIU P|JOLFKKXQGGQRWZHQGLJKlOW(UVWWLQQHLQHPPOHW]WHQQ6FKULWWEHLLGHUU%HKDQGOXQJGHUU)UDJHZLHH EHU]HXJHQGG 7LOOLFKVV UHOLJL|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lKOWW JHOWHQ N|QQHQ
'DVV.RPPXQLVWLVFKHH0DQLIHVWWZLUGLQ.DXWVN\VV.RPPHQWDUUEHLVSLHOVZHLVHHDOVVZLVVHQVFKDIWOLFKH*UXQGODJH
GHVPRGHUQHQ6R]LDOLVPXVXQGGGHUU6R]LDOGHPRNUDWLHDQHUNDQQW:HLWHUUKHLWHVÄ(LQHHZHLWHUHH
$XVHLQDQGHUVHW]XQJGHV*HGDQNHQJDQJVGHUU/HKUHHYRQ0DU[XQGG(QJHOVLVWQLFKWQRWKZHQGLJGHQQGDVJDQ]HH
YRUOLHJHQGH%XFKIXWDXIILKPLVWQLFKWVVDOVVHLQH'DUVWHOOXQJXQG$XVVSLQQXQJGHVVHOEHQ³.DUO.DXWVN\'DV
(UIXUWHUU3URJUDPPLQVHLQHPJUXQGVlW]OLFKHQ7KHLO$XIO6WXWWJDUW6I
9JO]%3DXOO7LOOLFK:LHYLHOO:DKUKHLWWILQGHWWVLFKEHLL.DUO0DU["LQ'HUV%HJHJQXQJHQ3DXOO
7LOOLFKEHUUVLFKVHOEVWWXQGDQGHUHH *HVDPPHOWHH:HUNH%GKJY5HQDWHH$OEUHFKW$XIO6WXWWJDUWW
6'HUV'DV*HVFKLFKWVELOGYRQ.DUO0DU[LQ(EG6
(UZlKQWW ZHUGHQQ PXVVV QRFK GDVVV GLHVH $UEHLW NHLQHQQ WKHRORJLVFKHQQ %OLFNN DXI 7LOOLFKK ]XX ELHWHQQ YHUPDJ 6LHH EOLFNW JOHLFKVDPP QXUU YRQQ DXHQQ DXII GDVV UHOLJL|VHH 'HQNHQ ZRUDXVV HLQH JHZLVVH 'LVWDQ]] UHVXOWLHUHQQ PDJ 'RFKK LVWW GHU 9HUVXFKWW JHUDGH DXVV GLHVHU 3HUVSHNWLYH GLH hEHU]HXJXQJVNUDIWW GHV UHOLJL|VHQ 6R]LDOLVPXVV ]X XQWHUVXFKHQ GD VLH EHL GHP NODVVLVFKHQ VR]LDOLVWLVFKHQQ .OLHQWHO DQ GDVVV VLFK GLHVHVV Ä9HUHLQLJXQJVDQJHERW³ MD SULPlU ULFKWHW DXFK ]XPP*URWHLOOYRUDXVJHVHW]WZHUGHQQPXVV 'LHH$XVJDQJVODJHH7LOOLFKV 5HOLJLRQ
'HUU %HJULIII &KULVWHQWXPP ZLUGG YRQQ 7LOOLFKK QLFKWW DOVV IHVWHU HLQGHXWLJ GHILQLHUEDUHUU %HJULII DXIJHIDVVW VSlWHVWHQVV ÄVHLWGHP HVV GXUFK /XWKHUU LQQ GHQ 6WURPP GHU VXEMHNWLYHQ *HLVWLJNHLWW KLQHLQJH]RJHQ LVWW XQGG GLHVHUU 6WURPP DOOHH 6FKHLQGlPPH DXWRULWDWLYHU %XFKVWDEHQELQGXQJHQ SDSLHUQHUU 3lSVWH XQGG XQIHKOEDUHUU *ODXEHQVHUIDKUXQJHQ ZHJJHVSOWW KDW³ $EHUU DXFK ]XYRU ZDUU5HOLJLRQQLPPHUEHUNXOWXUHOOLPP6LQQHHYRQQXQDEKlQJLJYRQHLQHUEHVWLPPWHQQ.XOWXUUXQGG *HVHOOVFKDIWVRUGQXQJ =XX LKUHUU 0DQLIHVWDWLRQQ PXVVWHH VLHH VLFKK LPPHUU JHZLVVHUU )RUPHQQ GHUU JHJHEHQHQQ .XOWXU EHGLHQHQ OLH VLFK DEHU QLH DXI HLQQ VSH]LHOOHVV 7HLOJHELHWW GHU MHZHLOLJHQ *HVHOOVFKDIW EHVFKUlQNHQ 'DEHL ZXUGH HLQH LQ GHU HQWVSUHFKHQGHQQ KLVWRULVFKHQ 6LWXDWLRQ XQDXIO|VOLFKHH(LQKHLWWHLQJHJDQJHQGLHHDEHUUPLWWGHUNRQNUHWHQ6LWXDWLRQQMHZHLOVVZHFKVHOWH Ä,QQ HQJVWH VR]LRORJLVFKH 9HUELQGXQJJ VLQG QDFKHLQDQGHU JHWUHWHQ GLH DOWH .LUFKH PLW GHUU VSlWU|PLVFKHQ 6NODYHQZLUWVFKDIW GLHH IUKNDWKROLVFKHH .LUFKH PLWW &lVDULVPXV XQG 0LOLWDULVPXV GLHH PLWWHODOWHUOLFKH .LUFKHH PLWW 1DWXUDOZLUWVFKDIW /HKQVZLUWVFKDIWW XQG +|ULJNHLW GHUU &DOYLQLVPXV PLW .RORQLDONDSLWDOLVPXVXQG'HPRNUDWLHGLHHOXWKHULVFKHH.LUFKHPLWW$JUDUZLUWVFKDIWXQGDEVROXWLVWLVFK SDWULDUFKDOLVFKHP 2EULJNHLWVVWDDW GLHH PRGHUQHH .LUFKH PLW +RFKNDSLWDOLVPXV 1DWLRQDOLVPXV XQG 0LOLWlUVWDDW³
'HQQRFKK NDQQQ PDQQ YRQ HLQHPP FKULVWOLFKHQQ *HVHOOVFKDIWVLGHDOO DXVJHKHQ GDD HLQHH FKULVWOLFKHH =XZHQGXQJ ]XPP 'LHVVHLWVV P|JOLFKK LVW GXUFK GLHH (UNHQQWQLV GDVVV DXFKK GDVV UHODWLYH XQYROONRPPHQHH 'LHVVHLWLJH GXUFK *RWWW KHLOLJ DEVROXW XQGG YROONRPPHQQ LVW $EVROXWHVV XQGG 5HODWLYHVVGXUFKGULQJHQQVLFK 'LHDQJHVWUHEWH*HVHOOVFKDIWVIRUPVROOODXIGHU/LHEHVHWKLNN-HVXX EDVLHUHQ
3DXOO7LOOLFK&KULVWHQWXPXQG6R]LDOLVPXVV,,LQ'HUV*HVDPPHOWHH:HUNH%G&KULVWHQWXPXQGVR]LDOHH
*HVWDOWXQJ)UKH6FKULIWHQ]XPUHOLJL|VHQ6R]LDOLVPXV6WXWWJDUW6KLHUU6
9JOGHUV'HU6R]LDOLVPXVVDOVV.LUFKHQIUDJHLQ'HUV:HUNHH6KLHUU6
9JOHEG
9JOHEG
(EG6
9JOGHUV&KULVWHQWXPXQG6R]LDOLVPXV,,6I
9JOGHUV6R]LDOLVPXVDOV.LUFKHQIUDJH6
,QVJHVDPWW LVWW XQWHU UHOLJL|V HLQH %HWUDFKWXQJVZHLVH ]XX YHUVWHKHQ GLH GDVV 6HLQQ LQ VHLQHU $EVROXWKHLWLQQVHLQHPPlXHUVWHQQ3XQNWWEHWULIIW(VVJHKWWGHUU5HOLJLRQQXPGLHH)UDJHHQDFKKGHPP
6R]LDOLVPXV
(EHQVRR VFKZLHULJ ZLH &KULVWHQWXPP LVWW ODXWW 7LOOLFKK DXFK 6R]LDOLVPXVV ]X IDVVHQ (VV PXVV GLIIHUHQ]LHUWW ZHUGHQQ ]ZLVFKHQQ 6R]LDOLVPXVV XQGG 0DU[LVPXV 6R]LDOLVPXV XQGG VR]LDOLVWLVFKHQ 3DUWHLHQ VRZLHH LQQHUKDOEE GHUHUU ]ZLVFKHQQ LKUHQ ,GHDOHQQ XQGG GHQQ MHZHLOLJHQQ SUDNWLVFKHQ 8PVHW]XQJHQXQGVFKOLHOLFKKGHQQ(LQ]HOPHLQXQJHQQXQGGlXHUXQJHQQLKUHU0LWJOLHGHU9LHOHV LQQGHUSUDNWLVFKHQ8PVHW]XQJZLGHUVSULFKWWQlPOLFKKGHU,GHHGHV6R]LDOLVPXVYRUDOOHPPDXFK GLHHPDWHULDOLVWLVFKHH*HVLQQXQJXQGGGHUU$WKHLVPXVVVLQGGQLFKWWZHVHQKDIWWVR]LDOLVWLVFKVRQGHUQ HLQQ EUJHUOLFKHVV (UEH 0DU[LVPXVV DOV VROFKHUU EHLQKDOWHWW ZHGHUU 0DWHULDOLVPXVV QRFKK GLH $EOHKQXQJJGHV*HLVWHVOHEHQV )HUQHULVWWQRFK]XXGLIIHUHQ]LHUHQQ]ZLVFKHQGHU$UEHLWHUVFKDIW XQGG GHPP 6R]LDOLVPXV ZREHLL OHW]WHUHUU HUVWHUHH EHUVWHLJWW XQGG YRQQ JHVDPWJHVHOOVFKDIWOLFKHP
*HLVWHVJHVFKLFKWOLFKK JHVHKHQQ VWHKWW GHU 6R]LDOLVPXVV LQQ GHU 7UDGLWLRQQ HLQHU (QWZLFNOXQJ YRQ 5HQDLVVDQFH 5HIRUPDWLRQQ XQGG $XINOlUXQJ ,Q GLHVHUU (QWZLFNOXQJJ ZXUGHH ]XQlFKVWW GLHH $XWRULWlWW GHU NDWKROLVFKHQ .LUFKH ]HUVW|UWW XQGG GXUFKK GDVV LQGLYLGXHOOH *HZLVVHQ GLHH $XWRQRPLH HUVHW]W GDQQQ HQWVWDQGG GDVV 3ULQ]LSS GHUU 5DWLRQDOLWlWW PLWW LKUHPP %HGUIQLVV QDFKK YHUQQIWLJHUU :HOWJHVWDOWXQJ 'LHH ]XYRUU GHPP -HQVHLWVV YRUEHKDOWHQHH +RIIQXQJ ZHQGHWW VLFK GHPP 'LHVVHLWVV ]X VFKOLHOLFKK HQWVWHKWW GDV %HZXVVWVHLQQ GHU 0HQVFKKHLW GLH XQLYHUVHOOHH 6ROLGDULWlW 'LHVHH LVWW LPP 6R]LDOLVPXVV DOOHUGLQJV QXUU GXUFK GHQ$XHQGUXFNN HQWVWDQGHQQ XQGG
,QVJHVDPWW JHVHKHQQLVWWGLHHVR]LDOLVWLVFKHH ,GHHHLQH2UGQXQJÄLQQZHOFKHUUGDVV%HZXWVHLQQGHU
Ä'HQQ 6R]LDOLVPXVV LVWW HLQ 'RSSHOWHV LVWW :LOOHH ]XU *HVWDOWXQJ GHUU :LUNOLFKNHLW JUXQGOHJHQG GHUU :LUWVFKDIW QDFK GHQ 1RUPHQQ GHU *HUHFKWLJNHLW XQG LVW XQLYHUVDOHV VFKUDQNHQORVHV
9JOGHUV.ODVVHQNDPSIXQGUHOLJL|VHUU6R]LDOLVPXVLQ'HUV:HUNHH6KLHUU6
9JOHEG6
9JOGHUV6R]LDOLVPXVDOV.LUFKHQIUDJH6
9JOHEG6
9JOHEG6
9JOGHUV&KULVWHQWXPXQG6R]LDOLVPXV,LQ'HUV:HUNHH6KLHUU6
9JOHEG6I
9JOHEG6I
9JOHEG6
'HUV6R]LDOLVPXVDOV.LUFKHQIUDJH6+LHUUXQGGLP)ROJHQGHQJLOWWVRZHLWWQLFKWWDQGHUVVDQJHJHEHQGDVVV
GLH.XUVLYVHW]XQJGHP2ULJLQDOHQWVSULFKW
0HQVFKKHLWVHUOHEQLVGDVVDOOH*HJHQVlW]HGHU.ODVVHQ5DVVHQ1DWLRQHQ.RQIHVVLRQHQDXIKHEHQQZLOO XPGHVV0HQVFKHQZLOOHQLQMHGHP0HQVFKHQ³ 0HQVFK
,Q7LOOLFKVV$QWKURSRORJLH]HLFKQHWWVLFKKGHU0HQVFKKGDGXUFKDXVGDVVVHU%HZXVVWVHLQQYRQQVLFK VHOEVWWKDWGDPLWWLVWWHUÄLQVLFKLQQVHLQHU(LQKHLWJHGRSSHOW³ ZDVVLKQQYRQQGHUU1DWXUDEKHEW (EHQVRR LVWW HUU QLFKWW HLQVV PLWW VHLQHPP 8UVSUXQJ VRQGHUQQ HWZDVV QHXHV GHQQRFKK DQQ VHLQHQ 8UVSUXQJ JHEXQGHQHV 'DKHUU HQWVWHKWW GLHH )UDJHH QDFKK GHPP Ä:RKHU"³ GLH ]XQlFKVWW PLWW GHP 0\WKRV HLQHPP 8UVSUXQJVP\WKRVV EHDQWZRUWHWW ZLUG 'LHVHUU LVWW GLHH *UXQGODJHH NRQVHUYDWLYHUU XQGG URPDQWLVFKHU 3ROLWLN 1HEHQ GLHVHVV Ä:RKHU"³ WULWWW GLH )UDJHH QDFK GHPP Ä:R]X"³ 6LH HQWVWHKWWDXVVGHPP %HZXVVWVHLQQHLQHUU )RUGHUXQJHLQHVVYRPP8UVSUXQJXQWHUVFKLHGHQHQQ =LHOHV (WZDVV 1HXHVV VROOO HQWVWHKHQ 'DPLWW LVWW GHUU 8UVSUXQJVP\WKRVV JHEURFKHQ KLHUDXVV HQWVWHKW OLEHUDOHV GHPRNUDWLVFKHV VR]LDOLVWLVFKHVV 'HQNHQ 'LHVHH )RUGHUXQJ QDFKK 1HXHP DEHU HQWVSULQJW DXV GHP 0HQVFKHQ VHOEVW DOVR DXFK DXV VHLQHP 8UVSUXQJ GHU GDPLW HEHQIDOOV DPELYDOHQWWZLUG'LHVHYRPP8UVSUXQJNRPPHQGHLKQQDEHUUEHUVFKUHLWHQGHH)RUGHUXQJLVWWGLHH QDFKK*HUHFKWLJNHLW
'HVKDOEE EUDXFKWW GHUU 0HQVFKK HLQHH JHVHOOVFKDIWOLFKSROLWLVFKHH 2UGQXQJ GLHH VRZRKOO VHLQHQ 8UVSUXQJDOVVDXFKKVHLQQ =LHOOPLWWHLQELQGHW-HGHH5LFKWXQJGLHHHLQHVVYRQQEHLGHQQLJQRULHUWLVWW IU GHQ 0HQVFKHQ XQJHHLJQHW 'HU ELVKHULJH 6R]LDOLVPXVV EHWRQWW HLQVHLWLJ GDV =LHO GHU UHOLJL|VH 6R]LDOLVPXVV PXVVV GHQQ 8UVSUXQJ ZLHGHUU ILQGHQ XPP GHPP 0HQVFKHQQ JHUHFKWW ]X ZHUGHQ
'XUFKK GDVV 0RWLYY GHU (QWIUHPGXQJ LVWW DXFK LPP 0DU[LVPXVV HLQHH 'RSSHOQDWXUU GHVV 0HQVFKHQQ DQJHOHJWDOVRRHLQH'LIIHUHQ]LHUXQJ]ZLVFKHQQGHPP0HQVFKHQLQQGHUJHJHEHQHQQZLUWVFKDIWOLFK VR]LDOHQQ6LWXDWLRQQXQGGGHPP0HQVFKHQQDOVVZHVHQKDIWW0HQVFKVHLHQG 7LOOLFKKVLHKWWKLHUHLQH ZHLWJHKHQGHH $QDORJLHH ]ZLVFKHQ FKULVWOLFKHPP XQGG PDU[LVWLVFKHQQ 0HQVFKHQELOG GLHH LQQ GHQ %HJULIIHQQ6QGH(QWIUHPGXQJXQGG,GHRORJLH*|W]HQGLHQVWW]XPP$XVGUXFNNNRPPW 8PGHQ 0HQVFKHQQ DXVV GLHVHUU PLVVOLFKHQQ 6LWXDWLRQQ ]XEHIUHLHQEHGDUI HVV VRZRKOO LPP &KULVWHQWXPP DOVV DXFKK LPP 0DU[LVPXVV HLQHUU (LQKHLWW YRQ 6FKLFNVDO XQGG 7DW $OVV IXQGDPHQWDOHQQ 8QWHUVFKLHG EHQHQQWW 7LOOLFKK GDVV )HKOHQ GHU 7UDQV]HQGHQ]] LPP 6R]LDOLVPXV ZDV GHVVHQQ XWRSLVFKHQ
'HUV&KULVWHQWXPXQG6R]LDOLVPXV,,6
'HUV'LHHVR]LDOLVWLVFKH(QWVFKHLGXQJLQ'HUV:HUNHH6KLHUU6
9JOHEG6I
9JOHEG6I
9JOGHUV'HUU0HQVFKLQ&KULVWHQWXPXQGG0DU[LVPXVVLQ'HUV:ULWLQJVVLQQWKH3KLORVRSK\RI
&XOWXUHH±.XOWXUSKLORVRSKLVFKH6FKULIWHQKJY0LFKDHOO3DOPHUU 3DXOO7LOOLFK0DLQ:RUNV+DXSWZHUNH%G
%HUOLQXD6KLHUU6
9JOHEG6I
9JOHEG6
&KDUDNWHUU EHZLUNW LKQQ LQQ VHLQHUU 6HOEVWNULWLNN EHKLQGHUWW XQGG GDPLWW VHOEVWW IUU XQPHQVFKOLFKH ,GHRORJLHDQIlOOLJPDFKW
.ULWLN
7LOOLFKVV %HWUDFKWXQJHQQ EHUU GHQQ XQLYHUVDOHQQ $QVSUXFKK GHVV &KULVWHQWXPVV N|QQHQQ ELVZHLOHQQ YHUPHVVHQQ HUVFKHLQHQ %HLVSLHOVZHLVH ZHQQ HUU EHU GDVV XQLYHUVDOHH 0HQVFKKHLWVHUOHEQLV VFKUHLEWÄLPP&KULVWHQWXPLVWWZLHHQLUJHQGVVVRQVWWGLHH*UXQGODJHHIUUHLQQVROFKHVVJHJHEHQ³³XQG HVVVHLLÄDXVVGHUUFKULVWOLFKHQQ.XOWXUUJHERUHQ³ $XFKKEHLLGHUU$XVVDJHGDVVV Ä QXQ DEHUU GDV &KULVWHQWXP QLFKW PHKUU DOV H[NOXVLYH .RQIHVVLRQ VRQGHUQQ DOV 'XUFKEUXFK GHV DEVROXWHQ*ODXEHQVGHUUYRUUGHPHLQHQ8QEHGLQJWHQGLHHLQH0HQVFKKHLWVLHKWRKQHDOOHlXHUHQXQG LQQHUHQQ 6FKUDQNHQQ GHU *HPHLQVFKDIW IHLQGOLFKK QXU GHP GHU VLFKK VHOEVW JHJHQ GLH DQGHUHQ VWHOOW ZLUWVFKDIWOLFKSROLWLVFKUHOLJL|V³
EOHLEWW GLHH )UDJH ZLH GLHVHUU $QVSUXFKK ]X UHFKWIHUWLJHQQ LVW &KULVWHQWXPP LVW DOVV 5HOLJLRQQ QXQQ PDOO DQQ JHZLVVHH *ODXEHQVVlW]HH JHEXQGHQQ XQGG HVV LVWW QLFKWW ]XX YHUODQJHQ GDVVV GLHVHH YRQQ DOOHQQ JHWHLOWWZHUGHQ6LFKHUOLFKKLVWWGLHVHU$QVSUXFKDXIGLHJHVDPWH0HQVFKKHLWWHLQQJHPHLQVDPHV (OHPHQWW ]ZLVFKHQQ &KULVWHQWXPP XQGG 6R]LDOLVPXV 'RFKK JHUDGH ZHJHQ VHLQHVV UDWLRQDOHQQ 0DWHULDOLVPXVV NDQQQ GHU 6R]LDOLVPXVV GLHVHQ $QVSUXFKK LPP *HJHQWHLO ]XPP &KULVWHQWXP UHFKWIHUWLJHQ(UUQlPOLFKNDQQQIUUVLFKKLQQ$QVSUXFKQHKPHQNHLQHHGHUDUWLJHQQPHWDSK\VLVFKHQ %HGLQJXQJHQQ ]X VWHOOHQ VRQGHUQQ GLHH 0HQVFKKHLWW HEHQQ GDUXPP LQQ LKUHUU *HVDPWKHLWW ]X XPIDVVHQ ZHLOO HU VLHH QXUU LQQ LKUHUU *HPHLQVDPNHLWW DOVV 0HQVFKHQQ VLHKW :HQQQ HUU YRQQ LKQHQQ YHUODQJW VHLQHH 3UlPLVVHQQ WHLOHQQ ]X N|QQHQ GDQQQ ZHLOO HU VLHH IUU UDWLRQDOO XQGG GHVKDOEE DOOJHPHLQJOWLJ KlOW (LQH DQGHUH 5HOLJLRQQ ]XX KDEHQ PXVVV OHJLWLPP EOHLEHQ HLQH DQGHUH 9HUQXQIWWNDQQQHVVQLFKWWJHEHQ
6ROOWH GHU %HJULII FKULVWOLFKK DOOHUGLQJV VRZHLWW JHIDVVWW ZHUGHQ GDVVV HU NHLQHUOHL PHWDSK\VLVFKHQQ *ODXEHQVLQKDOWHH PHKUU IRUGHUW VR ZLUG HUU OHHUU XQGG QLFKWVV VDJHQG 6RR ZLHH HVV XQJHIlKUU DXFKK LQQ GHU 'HILQLWLRQQ GHVV 5HOLJL|VHQQ DOVV GHVVHQ ZDVV GHQQ 0HQVFKHQQ LP :HVHQWOLFKHQQEHWULIIWJHVFKLHKW6ROFKH'HILQLWLRQHQQODVVHQVRRYLHOHV]XGDVVVHVVFKZHUOLFK QRFKKVLQQYROOOLVWPLWWLKQHQQ]XDUEHLWHQ
(EHQVRR HUVFKHLQWW HVV DOVV NODUHU GHILQLWRULVFKHU 0DQJHO GDVVV 7LOOLFKK ]ZDU DXI GLH 'LIIHUHQ]LHUXQJHQKLQZHLVWGLHEH]JOLFKKGHVV6R]LDOLVPXVEHJULIIVQRWZHQGLJVLQGDEHUQLFKW ZHLWHUUDXVIKUWZDVVHUUNRQNUHWWPHLQW(UVSULFKWYRQQHLQHU,GHHGHVV6R]LDOLVPXVGLHHHUUQLFKW JHQDXHU DXVIKUW QXU QHJDWLYY GHILQLHUW LQGHPP HUEHKDXSWHW GDVVV VLH QLFKWW 0DU[LVPXV QLFKW GDVV3URJUDPPPGHUU63'QLFKWWGLHH$UEHLWHUVFKDIWWVHL:DVVNRQNUHWDEHUUJHPHLQWWLVWZRKHUUGLHH
9JOHEG6I
'HUV&KULVWHQWXPXQG6R]LDOLVPXV,6
7KHVH NRPPW GDVVV GHU 6R]LDOLVPXVV QLFKWW DWKHLVWLVFKPDWHULDOLVWLVFKK VHL ZLUG QLFKW DQJHJHEHQ'LHHKLHUUQRFKKNODUUEHQDQQWHH.RQWLQXLWlWW]XUU$XINOlUXQJXQGGGHUUGHXWOLFKHH%H]XJ GHVV 6R]LDOLVPXVV ]XU 5DWLRQDOLWlWW ZHUGHQ LPP )ROJHQGHQQ LQQ )UDJH JHVWHOOW (VV IHKOWW GLH NODUH %HQHQQXQJ HLQHVV 5HIHUHQ]DXWRUV QXUU DQQ ZHQLJHQQ 6WHOOHQQ HUIROJWW HLQQ GLUHNWHUU %H]XJ ]XPP MXQJHQQ0DU[YRQQYRUU (LQ]LJHVSRVLWLYHV'HILQLWLRQVNULWHULXPPLVWGDV%HZXVVWVHLQQGHU *HPHLQVFKDIWWDOVV*UXQGODJHHHLQHUUJHUHFKWHQQ2UGQXQJ
8QGG DXFK GLHH EHKDXSWHWHH hEHUHLQVWLPPXQJ LPP 0HQVFKHQELOGG YRQ 6R]LDOLVPXVV XQG &KULVWHQWXPP LVWW QLFKWW UHVWORVV EHU]HXJHQG 'HQQQ ]XQlFKVWW LVWW ]XX NRQVWDWLHUHQ GDVV HLQ NRQNUHWHVV 0HQVFKHQELOGG EHLL 0DU[ ZLHH 7LOOLFKK VHOEVWW HLQUlXPW VFKZHUOLFKK ]X ILQGHQQ LVW hEHUJDQJHQQ ZLUGG DXFKK GHUU QLFKWW JHULQJH 8QWHUVFKLHG GDVVV GHUU 0DU[LVPXVV GLHH /DJH GHV 3UROHWDULDWVVDOVVVSH]LILVFKHUU.ODVVHHLQQHLQHUUNRQNUHWHQQJHVHOOVFKDIWOLFKHQQ6LWXDWLRQQVLHKWZlUHQQ 7LOOLFKK YRQQ HLQHUU DOOJHPHLQQ PHQVFKOLFKHQQ *UXQGNRQVWDQWHH GHUU 6QGKDIWLJNHLWW DXVJHKW :lKUHQGG GHUU 6R]LDOLVPXVV GLHH 0|JOLFKNHLWW VLHKW GLHH (QWIUHPGXQJJ GHVV 0HQVFKHQ GXUFK GLHH hEHUZLQGXQJ GHUU .ODVVHQVSDOWXQJ ]XX EHHQGHQ LVWW GHPP 7LOOLFK¶VFKHQ 6\VWHPP HLQH GHUDUWLJH .RQIOLNWO|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lXHUHQQ 8PVWlQGHH XQKLQWHUJHKEDUU LVW Ä'LHVHH hEHUHLQVWLPPXQJ LQQ GHUU $QWKURSRORJLHH EHUXKWW EHL 7LOOLFKK DXII GHUU 7DWVDFKH GD 7LOOLFKK GLH *U|HQQ &KULVWHQWXPP XQGG 6R]LDOLVPXVV VFKRQQ LQQ EHVWLPPWHU :HLVH LQWHUSUHWLHUW KDW VR QlPOLFK GD EHLGH DXI HLQH H[WUHP YDULDEOH DQ GLH
*HLVWHVKDOWXQJHQ
(QWVSUHFKHQG GLHVHU 'RSSHOXQJJ LPP PHQVFKOLFKHQQ :HVHQ VLQGG DXII JHVHOOVFKDIWOLFKHU (EHQH YHUVFKLHGHQH *HLVWHVKDOWXQJHQ JHJHEHQ GHQHQQ MHZHLOVV HLQQ SROLWLVFKHV 3ULQ]LSS HQWVSULFKW 6R EHWRQW GLH VDNUDPHQWDOHQ *HLVWHVKDOWXQJ GLH 8UVSUXQJVJHJHEHQKHLWW GHV 0HQVFKHQ LKUH SROLWLVFKHH$XVGUXFNVIRUPPLVWWGLHHSROLWLVFKHH5RPDQWLN'LHHUDWLRQDOHH*HLVWHVKDOWXQJJEHWRQWWGDV
(EG
9JOGHUV'HUU0HQVFK6
9JO5HQDWHH%UHLSRKO5HOLJL|VHUU6R]LDOLVPXVVXQGEUJHUOLFKHV*HVFKLFKWVEHZXVVWVHLQ]XUU=HLWWGHUU:HLPDUHUU
5HSXEOLN=ULFK6I
(EG6I
Arbeit zitieren:
Sibylle Röth, 2005, Paul Tillichs religiöser Sozialismus, München, GRIN Verlag GmbH
Dieser Text kann über folgende URL aufgerufen und zitiert werden:
Einbetten
DOI
Formatvorlage (Microsoft Word) für eine Diplomarbeit, Masterarbeit, Ha...
Für MS Word 2003 - Update 2010
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 25 Seiten
Formatvorlage (OpenOffice) für eine Diplomarbeit, Masterarbeit, Hausar...
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 35 Seiten
Formatvorlage / Vorlage zur Erstellung einer Diplomarbeit, Bachelorarb...
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 15 Seiten
Formatvorlage / Vorlage für eine Diplomarbeit / Hausarbeit
Für MS Word 2007 - dotx
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 25 Seiten
Anleitung zum Erstellen schriftlicher Arbeiten: Der Aufbau einer wisse...
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 20 Seiten
Erstellen einer schriftlichen Hausarbeit
Vorlagen, Muster, Formulare, Infobroschüren
Hausarbeit, 14 Seiten
Grundtechniken wissenschaftlichen Arbeitens
Bibliografieren - Reden - Schr...
Vorlagen, Muster, Formulare, Infobroschüren
Skript, 46 Seiten
Ratgeber zur Erstellung wissenschaftlicher Arbeiten. Diplomarbeiten - ...
Vorlagen, Muster, Formulare, Infobroschüren
Ausarbeitung, 39 Seiten
Philosophie - Philosophie des 20. Jahrhunderts / Gegenwart: Paul Tillichs religiöser Sozialismus ist nun auf dem Buchmarkt erhältlich
Philosophie - Philosophie des 20. Jahrhunderts / Gegenwart: neuer Titel erschienen: Paul Tillichs religiöser Sozialismus
Sibylle Röth hat einen neuen Text hochgeladen
0 Kommentare