'(6&5,37,21
%87
&HWWH VFLH j FKDvQH HVW FRQoXH SRXU OD FRXSH GH EUDQFKHV
WURQFV JUXPHV HW SRXWUHV G
XQ GLDPqWUH GpWHUPLQp SDU OD
ORQJXHXU GH FRXSH GX JXLGHFKDvQH (OOH HVW XQLTXHPHQW
FRQoXH SRXU FRXSHU GX ERLV
(OOH QH GRLW rWUH XWLOLVpH TX
j O
H[WpULHXU j GHV ILQV
GRPHVWLTXHV SDU GHV DGXOWHV
1
XWLOLVH] SDV OD VFLH j FKDvQH j GHV ILQV DXWUHV TXH FHOOHV
PHQWLRQQpHV FLGHVVXV
&HWWH VFLH j FKDvQH QH GRLW SDV rWUH XWLOLVpH SRXU OHV WUDYDX[
SURIHVVLRQQHOV VXU OHV DUEUHV (OOH QH GRLW SDV rWUH XWLOLVpH SDU
GHV HQIDQWV RX SDU GHV SHUVRQQHV QH SRUWDQW SDV XQ
pTXLSHPHQW HW GHV YrWHPHQWV GH SURWHFWLRQ LQGLYLGXHOOH
DGpTXDWV
$3(5d8
11
1
6
8
10
9
12
&RXYHUFOH GX JXLGH
FKDvQH
*DUGH SURWHFWULFH GH
OD SRLJQpH DYDQW
IUHLQ GH OD FKDvQH
3RLJQpH DYDQW
%RXWRQ GH
YHUURXLOODJH
*kFKHWWH
%RXFKRQ GX UpVHUYRLU
G¶KXLOH
,QGLFDWHXU G¶KXLOH
)UDQoDLV
2
3
4
5
7
14
13 15
3RLQWHV GH FRXSH
&KDvQH
*XLGHFKDvQH
&Op
3RLJQpH DUULqUH
9LV GH WHQVLRQ GH
FKDvQH
&RXYUHFKDvQH
eFURXV GX FRXYUH
FKDvQH
/,67( '8 &217(18 '(
/¶(0%$//$*(
6FLH j FKDvQH
)RXUUHDX
$9(57,66(0(176
*e1e5$8; '( 6e&85,7e
'(6 287,/6 e/(&75,48(6
$9(57,66(0(17
/LVH] WRXV OHV DYHUWLVVHPHQWV GH VpFXULWp WRXWHV OHV
LQVWUXFWLRQV LOOXVWUDWLRQV HW WRXWHV VSpFLILFDWLRQV IRXUQLV
DYHF FHW RXWLO pOHFWULTXH /H QRQUHVSHFW GH FHV LQVWUXFWLRQV
SHXW HQWUDvQHU XQ FKRF pOHFWULTXH XQ LQFHQGLH HWRX GHV
EOHVVXUHV JUDYHV
&RQVHUYH] WRXV OHV DYHUWLVVHPHQWV HW LQVWUXFWLRQV SRXU
UpIpUHQFH XOWpULHXUH
/H WHUPH © RXWLO pOHFWULTXH ª GDQV OHV DYHUWLVVHPHQWV IDLW
UpIpUHQFH j YRWUH RXWLO pOHFWULTXH VDQV ILO IRQFWLRQQDQW VXU
EDWWHULH
6e&85,7e '( /$ =21( '(
75$9$,/
*DUGH] OD ]RQH GH WUDYDLO SURSUH HW ELHQ pFODLUpH /HV
HQGURLWV HQFRPEUpV RX VRPEUHV IDYRULVHQW OHV DFFLGHQWV
1
XWLOLVH] SDV OHV RXWLOV pOHFWULTXHV GDQV GHV
HQYLURQQHPHQWV H[SORVLIV SDU H[HPSOH HQ SUpVHQFH GH
OLTXLGHV JD] RX SRXVVLqUHV LQIODPPDEOHV /D PLVH HQ
PDUFKH GHV RXWLOV pOHFWULTXHV FUpH GHV pWLQFHOOHV TXL
SHXYHQW HQIODPPHU OD SRXVVLqUH RX OHV YDSHXUV
7HQH] OHV HQIDQWV HW OHV FXULHX[ j O
pFDUW ORUVTXH YRXV
XWLOLVH] XQ RXWLO pOHFWULTXH /HV GLVWUDFWLRQV SHXYHQW
YRXV IDLUH SHUGUH OH FRQWU{OH
6e&85,7e e/(&75,48(
/HV SULVHV GH O
RXWLO pOHFWULTXH GRLYHQW rWUH
FRPSDWLEOHV DYHF OD SULVH GH FRXUDQW 1H PRGLILH]
MDPDLV OD SULVH G
DXFXQH IDoRQ 1
XWLOLVH] SDV
G
DGDSWDWHXU GH SULVH DYHF GHV RXWLOV j SULVH GH WHUUH
'HV SULVHV QRQ PRGLILpHV HW OHXUV SULVHV GH FRXUDQW
UHVSHFWLYHV UpGXLVHQW OHV ULVTXHV GH FKRF pOHFWULTXH
eYLWH] TXH OH FRUSV Q
HQWUH HQ FRQWDFW DYHF GHV
VXUIDFHV PLVHV j OD WHUUH FRPPH OHV WX\DX[ OHV
UDGLDWHXUV OHV FXLVLQLqUHV HW OHV UpIULJpUDWHXUV ,O \ D XQ
ULVTXH DFFUX GH FKRF pOHFWULTXH VL YRWUH FRUSV HVW HQ
FRQWDFW DYHF OD WHUUH
1
H[SRVH] SDV OHV RXWLOV pOHFWULTXHV j GHV FRQGLWLRQV
KXPLGHV RX PRXLOOpHV /
HDX TXL SpQqWUH GDQV XQ RXWLO
pOHFWULTXH DXJPHQWH OH ULVTXH GH FKRF pOHFWULTXH
1
DEXVH] SDV GX FRUGRQ 1
XWLOLVH] MDPDLV OH FkEOH
SRXU SRUWHU WLUHU RX GpEUDQFKHU O
RXWLO eORLJQH] OH
FRUGRQ GH OD FKDOHXU GH O¶KXLOH GHV ERUGV WUDQFKDQWV
0DQXHO
&Op
)5