&ODVVH%GHODFRPPLVVLRQ)&&
)HGHUDO&RPPXQLFDWLRQV&RPPLVVLRQ
5HPDUTXHVUHODWLYHVºOjLQWHUIÂUHQFHUDGLR
IUÂTXHQFH
Remarque:
&HW DSSDUHLO D ÂWÂ WHVWÂ LO HVW FRQIRUPH DX[ OLPLWHV GHV GLVSRVLWLIV QXPÂULTXHV FODVVH
% VXLYDQW OjDUWLFOH GH OD UÂJOHPHQWDWLRQ )&& &HV OLPLWHV VRQW GÂWHUPLQÂHV DILQ GH
IRXUQLU XQH SURWHFWLRQ VXIILVDQWH FRQWUH OHV LQWHUIÂUHQFHV QXLVLEOHV GDQV XQH LQVWDOODWLRQ
UÂVLGHQWLHOOH &HW DSSDUHLO JÂQÅUH XWLOLVH HW SHXW ÂPHWWUH XQH ÂQHUJLH UDGLR IUÂTXHQFH
HW VjLO QjHVW SDV LQVWDOOÂ HW XWLOLVÂ FRQIRUPÂPHQW DX[ LQVWUXFWLRQV SHXW SURYRTXHU GHV
LQWHUIÂUHQFHV QXLVLEOHV DX[ FRPPXQLFDWLRQV UDGLR &HSHQGDQW LO QjHVW SDV JDUDQWL TXH
FHV LQWHUIÂUHQFHV QH VXUYLHQQHQW SDV GDQV XQH LQVWDOODWLRQ SDUWLFXOLÅUH 6L FHW DSSDUHLO
SURYRTXH
GHV
LQWHUIÂUHQFHV
ÃWUH
LGHQWLILÂ
SDU
HVVD\HU GjÂOLPLQHU FHV LQWHUIÂUHQFHV GH OjXQH GHV PDQLÅUHV VXLYDQWHV
5ÂRULHQWH] RX GÂSODFH] OjDQWHQQH UÂFHSWULFH
(ORLJQH] OjDSSDUHLO GX SRVWH UÂFHSWHXU
&RQQHFWH]
FLUFXLW VXU OHTXHO HVW FRQQHFWÂH OD SULVH GX SRVWH UÂFHSWHXU
&RQVXOWH]
OH
REWHQLU GH OjDLGH
Remarque :
/HV
PRGLILFDWLRQV
SHXYHQW UHQGUH QXOOH OjKDELOLWDWLRQ GH OjXWLOLVDWHXU º IDLUH IRQFWLRQQHU FHW ÂTXLSHPHQW
Attention :
6L
FHUWDLQHV
PDJQÂWLTXHV
PRQLWHXU
KRUV
GÂPDJQÂWLVDWLRQ GX PRQLWHXU ÂOLPLQHUD OD SHUWH GH FRXOHXU
1H VÂSDUH] SDV OH PRQLWHXU GH VRQ VRFOH SLYRWDQW ORUVTXjLO HVW VRXV WHQVLRQ SRXU
ÂYLWHU
OD
SHUWH
SRXU UÂWDEOLU OHV FRXOHXUV
9RXV GHYH] VL SRVVLEOH XWLOLVHU XQ F¸EOH GjLQWHUIDFH HW XQ FRUGRQ GjDOLPHQWDWLRQ
EOLQGÂV SRXU UHVSHFWHU OHV OLPLWHV GjÂPLVVLRQ GHV GLVSRVLWLIV QXPÂULTXHV FODVVH %
GH OD FRPPLVVLRQ )&&
QXLVLEOHV
OD
PLVH
KRUV
WHQVLRQ
OjDSSDUHLO
º
XQH
SULVH
UHYHQGHXU
RX
QRQ
H[SUHVVÂPHQW
SDUWLHV
GH
OjÂFUDQ
JÂQÂUÂV
SDV
OHV
WHQVLRQ
GXUDQW
GH
FRXOHXU
6L
º
OD
UÂFHSWLRQ
SXLV
VRXV
WHQVLRQ
GH
FRXUDQW
XQ
WHFKQLFLHQ
UDGLRWÂOÂYLVLRQ
DSSURXYÂHV
QjDIILFKHQW
SDV
OHV
PÂFDQLVPHV
RX
DX
PRLQV
FHOOHFL
VXUYLHQW
iv
UDGLR
RX
WÂOÂYLVLRQ
GH
OjDSSDUHLO
VLWXÂH
VXU
XQ
FLUFXLW
H[SÂULPHQWÂ
SDU
OjDXWRULWÂ
FRXOHXUV
HQ
UDLVRQ
GLVSRVLWLIV
ÂOHFWULTXHV
PLQXWHV
VXLYH]
OHV
LQVWUXFWLRQV
FH
TXL
SHXW
YRXV
SRXYH]
GLIIÂUHQW
GX
SRXU
GH
VXUYHLOODQFH
GH
FKDPSV
PHWWH]
OH
/H
FLUFXLW
GH
FLGHVVXV