Hera Intro (3)

7/21/2019 Hera Intro (3)

http://slidepdf.com/reader/full/hera-intro-3 1/14

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7/21/2019 Hera Intro (3)


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Cxpcgtcl A[[: 05%Adata`b Advcstfcdt [cquarcl: SW$ ;9 fabbahd

‒Eaoe prhffbc rcsalcdta`b lcvcbhpfcdt ad mcy nuturc gaty euk‖

Whurgc hn Hpphrtudaty\ec Meàrme`d Lastragt prhjcgt as ` b`dlf`rm 75 ecgt`rcrclcvcbhpfcdt prhjcgt kcado udlcrt`mcd ky Ecr`Yrhpcrtacs, `d cst`kbasecl ghfp`dy hpcr`tado watead tecghdstrugtahd f`tcra`bs prhlugtahd, fadado `dl ec`vy

adlustry scgthrs. Ecr` Yrhpcrtacs e`vc, sadgc tec hutsct hntec prhjcgt, t`mcd ` ehbastag vacw hn urk`d rclcvcbhpfcdt,àfado th prhvalc dht hdby qu`baty ehusado kut `bshghffcrga`b `dl ghffudaty n`gabatacs te`t wabb cd`kbc jhkgrc`tahd, spur bhg`b-bcvcb ghffcrga`b lcf`dl `dl lravcorhwte hn dhl`b gcdtrcs hutsalc hn tec GKL `dl ghrcghffcrga`b gcdtrcs. Wupphrtcl ky SW$ 0>.1 fabbahd hnOhvcrdfcdt ffd`dgado th supphrt adnr`strugturclcvcbhpfcdt `dl scbcgtcl ky gatazcds rcncrcdluf, teasprhjcgt, wate ` tht`b g`pcx hn ;0<.1 fabbahd SW$ as wcbbpb`gcl th t`mc `lv`dtòc hn lcf`dl nhr hvcr ;9<,999 dcwrcsalcdta`b udats ad tec bhwcr `dl bhwcr-fal cdl hn tec

Sb``dk``t`r f`rmct, `s wcbb `s pb`ds th rcbhg`tc ghrcOhvcrdfcdt dl lfadastr tavc n`gabatacs th Gaty E`bb satc `lj`gcdt th Meàrme`d Lastragt.

Advcstfcdt \ecsas

• \ec Meàrme`d Lastragt prhjcgt as ghdsalcrcl th kc ` bydgepadlcvcbhpfcdt ad Sb``dk``t`r‑s `nnhrl`kbc prhpcrty f`rmct.

• \eas b`dlf`rm 75 ecgt`rc lcvcbhpfcdt, sprc`l `grhss twh`ljhadado satcs, as `lj`gcdt th `d cxp`dsavc dcw Gaty E`bbn`gabaty pb`ddcl ky tec Sb``dk``t`r Gaty Ohvcrdfcdt. \eas assct th turd tec `rc` adth ` dcw dhl`b euk nhr tec G`pat`b,

`llado saodaffg`dt v`buc th tec Meàrme`d Lastragt lcvcbhpfcdt`dl prhvalado saodaffg`dt lravcrs nhr hnffgc, ehtcb `dl rctàbn`gabatacs ghdtàdcl tecrcad.

• \erhuoe ghdtr`gt ghdtrhbs hd ghdstrugtahd ghsts teclcvcbhpcr as `kbc th fàdtàd f`roads hn gbhsc th 39% hdrcsalcdta`b lcvcbhpfcdts, weage f`mc up 3<% `dl ?;% ON@`grhss tec twh satcs.

•\ecrc as pcdt-up lcf`dl ad Sb``dk``t`r nhr hvcr ;99,999rcsalcdta`b udats, ghdgcdtr`tcl `t tec bhw cdl hn tec f`rmct.\ec lcvcbhpcr as wcbb pb`gcl th `ggcss teas lcf`dl wate tecbhwcst prc-s`bcs pragc phadt ad tec f`rmct `t 0.3 ff FD\ pcrsq.f (wcbb watead `nnhrl`kabaty bafats cvcd ad nnhrl`kbc f`rmcts).

• \ec lcvcbhpcr e`s `geacvcl 099% prc-s`bcs hd adata`bpe`scs hn teas prhjcgt `dl as `brc`ly f`rmctado

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Yrcp`rcl ky

7/21/2019 Hera Intro (3)


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Lctàbcl Yrhjcgt Hvcrvacw

Yrhjcgt Adtrhlugtahd

\ec Meàrme`d Lastragt ocr `rc` rc-lcvcbhpfcdt as ` b`dlf`rm prhjcgt `fhdo tec 0; ocr `rc` rc-lcvcbhpfcdts prcscdtby t`mado pb`gc ad Sb``dk``t`r. \ecsc rclcvcbhpfcdts wcrc adata`tcl ky tecSb``dk``t`r Gaty Ohvcrdfcdt lurado ;90; ad `d cnnhrt th rclcvcbhp tec spr`wbado ocr `rc`s hn tec gaty `dlprhvalc `nnhrl`kbc, eaoe qu`baty ehusado nhr hvcr 599,999 rcsalcdts prcscdtby ud`kbc th ghddcgt thgcdtr`bascl, rcba`kbc adnr`strugturc. _ate ` t`roct hn ghdstrugtado hvcr 099,999 ehfcs ad Sb``dk``t`r `bhdc, `tht`b hn 0; rclcvcbhpfcdt satcs wcrc c`rf`rmcl `grhss `bb sax gcdtr`b Lastragts hn Sb``dk``t`r. @ tht`b hn 3<ghfp`dacs p`rtagap`tcl ad tec rclcvcbhpfcdt tcdlcr `ddhudgcl ky tec Gaty Ohvcrdfcdt. _ateadWhdoadhmeàrme`d Lastragt 5 ghfp`dacs wcrc sehrtbastcl, wate EC[@ Yrhpcrtacs ghfpctado nhrrclcvcbhpfcdt prhjcgts ad tercc kbhgms: O, K0 `dl O0 hn Whdoadhmeàrme`d Lastragt. EC[@ Yrhpcrtacs w`s`w`rlcl tec tcdlcr `s ` rcsubt hn 1;.7% hn ―O‑ kbhgm rcsalcdts `pprhvado tecf `s tec prhjcgt afpbcfcdtcr,1<.7% hn ―K0‑ kbhgm rcsalcdts `pprhvado tecf `s tec prhjcgt afpbcfcdtcr `dl 1;% hn ‑^0‑ kbhgm rcsalcdts`pprhvado tecf `s tec prhjcgt afpbcfcdtcr. Nhbbhwado teas rcncrcdluf, EC[@ Yrhpcrtacs w`s `w`rlclpcrfassahd th rclcvcbhp Whdoadhmeàrme`d Lastragt‑s 3te, >te `dl ?te Mehrhh `rc`s, ghvcrado 3; ecgt`rcs hnb`dl. \eas f`mcs tec Meàrme`d Lastragt prhjcgt `fhdo tec b`rocst hn tec ocr lastragt rclcvcbhpfcdt prhjcgts.

[clcvcbhpfcdt hn tec ocr `rc`s as kcado hvcrsccd `dl fhdathrcl ky tec Ocr @rc` Lcvcbhpfcdt Hnffgc, `dhro`das`tahd. \eas hro`das`tahd hvcrsccs tec `baodfcdt hn prav`tc scgthr lcvcbhpfcdts wate tec adtcrcsts hnrcsalcdts `dl pukbag phbagy. \ecy sccm th upehbl tec v`bucs hn tr`dsp`rcdgy, cquat`kbc lastrakutahd hn shga`bohhls `dl cdsurc lcvcbhpfcdt hn n`faby ehusado te`t fccts rcquarcfcdts. \ecsc prhjcgt e`vc `bb advhbvcleaoe bcvcbs hn gatazcd p`rtagap`tahd `dl hut hn 3< ghfp`dacs weh cdtcrcl nhr 0; lcvcbhpfcdt tcdlcrs just 09wcrc scbcgtcl va` rcsalcdts‑ rcncrcdluf.

Yrhjcgt Easthry

Lurado ;90< Ecr` Yrhpcrtacs krhmc orhudl hd tec ffrst `p`rtfcdt prhjcgts `s p`rt hn tec ;9;,07< squ`rcfctcr Meàrme`d Lastragt prhjcgt. Ad Judc ;90<, tec Fhdohba`d ohvcrdfcdt prhvalcl SW$<.1 fabbahd nhr tecrclcvcbhpfcdt hn tec adnr`strugturc nhr ―O‑ kbhgm. Adst`bb`tahd whrm hn dcw adnr`strugturc w`s ghfpbctcl kyWcptcfkcr ;3, ;90<. 0>5 rcsalcdta`b udats `grhss tercc 1 bcvcb `p`rtfcdt kuablados e`s kccd ghfpbctcl(tht`bbado 0<,9<9 sq.f hn rcsalcdta`b sp`gc). Hdc nurtecr kbhgm, ghdtàdado ?9 rcsalcdta`b udats `dlsupphrtado rctàb, as prcscdtby udlcr ghdstrugtahd. _atead ―O‑ kbhgm ` nurtecr ;3; rcsalcdta`b udats ad nhur 1-bcvcb `p`rtfcdt kuablados, `rc pb`ddcl, `bhdosalc hdc 1-bcvcb kbhgm hn sbaoetby sf`bbcr udats. Ad tht`b <0,<7>sq.f hn rcsalcdta`b sp`gc w`s udlcr ghdstrugtahd ad ;90<.

Yrhjcgt Hkjcgtavc

\ec ghrc hkjcgtavc hn tec Meàrme`d Lastragt prhjcgt as th prhvasahd eaoe qu`baty, bhw-ghst ehusado nhr ` faxclghffudaty hn fallbc `dl bhwcr adghfc ehuscehbls. \ec lcvcbhpfcdt nhrfs p`rt hn 0; ocr lastragt prhjcgts,adata`tcl th prhvasahd up th ;99,999 dcw ehfcs watead Sb``dk``t`r hvcr tec fal-tcrf, ad mccpado wate tecgcdtr`b sghpc hn sustàd`kbc shgah-cghdhfag, cghbhoag`b, gubtur`b `dl clug`tahd`b lcvcbhpfcdt hn dcwrcsalcdta`b `rc`s.

Lcvcbhpcr K`gmorhudl

EC[@ Yrhpcrtacs BBG as ` suksala`ry hn EC[@ Ehblados, `d cst`kbasecl ffrf hpcr`tado ad Fhdohba` sadgc;997. \ec ghfp`dy hpcr`tcs ad lavcrsc scgthrs, adgbulado fadado, cquapfcdt afphrt `dl s`bcs, nhhlf`dun`gturado, tr`dsphrt, ghdstrugtahd f`tcra`bs f`dun`gturc `dl prhpcrty lcvcbhpfcdt. \ec ghfp`dy e`srcfàdcl ad tec Fhdohba`d D`tahd`b Ge`fkcr hn Ghffcrgc `dl Adlustry‑s ‒\hp 099‖ Cdtcrprascs sadgc

;99>. EC[@ Yrhpcrtacs BBG w`s cst`kbasecl ad ;90< ad hrlcr th udlcrt`mc tec Meàrme`d Lastragt ocr `rc`rc-lcvcbhpfcdt.

Yrcp`rcl ky

7/21/2019 Hera Intro (3)


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Mcy Advcstfcdt Eaoebaoets

\ec Meàrme`d Lastragt rclcvcbhpfcdt prhjcgt as `d cxcfpb`ry prhjcgt `s p`rt hn tec lravc th rclcvcbhpSb``dk``t`r‑s ocr lastragts `dl prhvalc eaoe qu`baty ehusado th bhw-adghfc ehuscehbls - wate ` prcscdt

f`rmct ghfprascl hn ;9<,999 ehuscehbls. \ec prhjcgt as lcsaodcl `rhudl shga`b sustàd`kabaty, faxcl-tcdurc rcsalcdta`b `dl eaoe qu`baty supphrtado ghffcrga`b n`gabatacs. \ec Meàrme`d Lastragt hnncrs ` udaqucv`buc prhphsatahd ad te`t at as kcado lcvcbhpcl `lj`gcdt th tec satc hn cxp`dsavc dcw Gaty E`bb `dl GatyOhvcrdfcdt n`gabatacs, grc`tado ` dcw dhl`b euk nhr Sb``dk``t`r `dl udlcda`kbc lr`w-n`gthrs nhrMeàrme`d Lasragt‑s rcsalcdta`b `dl ghffcrga`b n`gabatacs.

@ggcssado Waodaffg`dt Ycdt-upLcf`dl ad [csalcdta`bF`rmcts

0) Hvcr ;9<,999 ehuscehbls ad Sb``dk``t r prcscdtby rcquarcohhl qu`baty ehusado wate `ggcss th adnr`strugturc. Lcf`dlas p`rtagub`rby prcscdt ad Whdoadhmeàrme`d Lastragt, wate `dad-satu phpub`tahd hn hvcr 3,199 ehuscehbls f`mado up `phtcdta`b affcla`tc f`rmct.

Mcy Bhg`tahd, Wct th KcghfcF`jhr Dhl`b Euk nhr Sb``dk``t`

0) \ec Gaty Ohvcrdfcdt hn Sb``dk``t`r e`s lcgrccl te`t `dcw `dl cxp`dsavc Gaty E`bb n`gabaty `dl supphrtadonudgtahds hn Gaty Ohvcrd`dgc wabb kc fhvcl th ` satc`lj`gcdt th tec sukjcgt lcvcbhpfcdt, grc`tado saodaffg`dtlr`w n`gthrs nhr ghffcrga`b n`gabatacs `dl grc`tado ` dcwwcstcrby phwcr gcdtrc nhr tec gaty.

Ohvcrdfcdt Wupphrt BhwcradoG`pcx Ghsts adth Adnr`strugturc

0) \ec Gaty Ohvcrdfcdt hn Sb``dk``t`r, ad sccmado th `llrcssgerhdag ehusado sehrtòcs, b`gm hn adnr`strugturc `dlphbbutahd assucs, e`vc c`rf`rmcl 0<<,< kabbahd FD\ nhradnr`strugturc lcvcbhpfcdt adgbulado ocr `rc` lcvcbhpfcdt.

\ecy e`vc `brc`ly pàl nhr adst`bb`tahd hn dcw phwcr,ec`tado `dl w`tcr adnr`strugturc nhr tec sukjcgt satc(prhvalado SW$<.1 fabbahd nhr tec rclcvcbhpfcdt hn tecadnr`strugturc nhr ―O‑ kbhgm), bhwcrado tec ghst hnadnr`strugturc g`pcx saodaffg`dtby.

Lcvcbhpcr E`s GhfpbctahdCxpcracdgc wate 099% Yrc-s`bcs `dl G`d FàdtàdGhfpctatavc Yragc Yhadts adtec F`rmct

0) \ec Me arme`d Lastragt prhjcgt e`s kccd udlcrw`y sadgc;907, wate hvcr 799 ehuscehbl udats ghfpbctcl `dl shblcdtarcby ad prc-s`bcs. Lurado ;90< Ecr` Yrhpcrtacs krhmcorhudl hd tec ffrst `p`rtfcdt prhjcgts `s p`rt hn tec;9;,07< squ`rc fctcr Meàrme`d Lastragt prhjcgt. \eas tr`gm-rcghrl scrvcs `s prhhn hn ghdgcpt nhr tec upghfado prhjcgt.

Faxcl-Ssc Lcvcbhpfcdt hvcr75 Ecgt`rcs Nhgusscl hdFaxcl-\cdurc [csalcdta`b `dlWupphrtado N`gabatacs \e`t _abbLr`w Sphd Spsg`bado[cput`tahd hn Bhg`tahd `dlWcrvc ^`st Ad-Watu Yhpub`tahd

0) \ec ghrc hkjcgtavc hn tec Meàrme`d Lastragt prhjcgt as thprhvasahd eaoe qu`baty, bhw-ghst ehusado nhr ` faxclghffudaty hn fallbc `dl bhwcr adghfc ehuscehbls. \eclcvcbhpfcdt nhrfs p`rt hn 0; ocr lastragt prhjcgts, adata`tclth prhvasahd up th ;99,999 dcw ehfcs watead Sb``dk``t`rhvcr tec fal-tcrf, ad mccpado wate tec gcdtr`b sghpc hnsustàd`kbc shgah-cghdhfag, cghbhoag`b, gubtur`b `dlclug`tahd`b lcvcbhpfcdt hn dcw rcsalcdta`b `rc`s. At lr`wsuphd mcy dcw lcvcbhpfcdts ad urk`d pb`ddado `dlghdscdsus-k`scl Ohvcrdfcdt adata`tavcs th lcvcbhp khtepeysag`b adnr`strugturc dl ffd`dgado nhr bhw-ghst ehusado.

Yrcp`rcl ky

7/21/2019 Hera Intro (3)


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F`grh F`rmct Hpphrtudatacs

Fhdohba` Cghdhfag Wthry

Fhdohba` as tec 01te b`rocst ghudtry hd c`rte `dl yct hdc hn tec fhst sp`rmby phpub`tcl d`tahds. Hn justhvcr 7 fabbahd gatazcds, 0.0 fabbahd dhw bavc ad Sb``dk``t`r, tec ghudtry‑s g`pat`b gaty. Cghdhfag orhwte nhr tecd`tahd `vcròcs `t 1.>% sadgc ;909, pc`mado `t 0?.3% ad ;900 hd tec k`gm hn f`jhr Nhrcaod LarcgtAdvcstfcdt adth tec fadado scgthr. OLY Orhwte as cxpcgtcl th sbhw th `rhudl 7% ad ;903, kcnhrc rasado th3% ad ;90>, `gghrlado th @LK cstaf`tcs. \ec cstaf`tcl v`buc hn Fhdohba`‑s rcshurgc wc`bte as`pprhxaf`tcby SW$0.7trabbahd. \ecrc `rc `pprhxaf`tcby >,999 mdhwd lcphsats hn hvcr 59 lanncrcdt fadcr`bs adtec ghudtry, adgbulado ohbl, ghppcr, gh`b, ur`dauf, fhbyklcduf, tad `dl arhd. Qct just ;?% hn teas v`st d`tahde`s sh n`r kccd survcycl ad lctàb.

Lcspatc ` sukst`dta`b adgrc`sc ad fadado hutput, orhwte ad Fhdohba`‑s orhss lhfcstag prhlugt (OLY) sbhwcl

th ?.5% ad ;90< nrhf 00.>% ad ;907. Nhrcaod larcgt advcstfcdt ghdtaducl th n`bb, `dl tec sazc`kbc fhdct`rystafubus te`t mcpt orhwte eaoe ad tec prcvahus yc`r kcg`fc adgrc`sadoby lanffgubt th fàdtàd ad baoet hnprcssurcs nrhf ad`tahd `dl tec k`b`dgc hn p`yfcdts (KHY). @s v`buc `llcl ad fadado adgrc`scl ky ;<.;%,rccgtado tec ffrst nubb yc`r hn prhlugtahd `t tec v`st Hyu \hboha ghppcr `dl ohbl fadc, adlustra`b prhlugtahdcxp`dlcl ky 0>.0% `dl ghdtrakutcl <.5% th OLY orhwte. \eas g`fc lcspatc ` 0>.7% lrhp ad gh`bprhlugtahd.

\ec sbhwlhwd ad orhwte e`s dht kccd `d `bthoctecr dco`tavc sthry, prhvalado bhg`b ghfp`dacs watekrc`teado sp`gc th up-smabb `dl upsg`bc. Yhbatag`b wr`dobado te`t shurcl tec d`sgcdt fadado phbagycdvarhdfcdt as kcado hvcrghfc `dl ` nrcse, hpcd `pprh`ge th adtcrd`tahd`b kusadcss as t`mado rhht adOhvcrdfcdt, cxcfpbaffcl ky ` dcw b`w hd nhrcaod advcstfcdt, adtrhlugcl ad J`du`ry ;90<, rclugado`lfadastr`tavc ghsts `dl rcstragtahds hd NLA adth mcy scgthrs. Fhdohba`‑s orhss cxtcrd`b lckt phsatahd

rcfàds `t `rhudl ;9.1 kabbahd SW$. Bcdlado ghffatfcdts rhsc sax tafcs lurado NQ ;90<, wate cxtcrd`b lcktst`dlado `t 0.5 tafcs OLY (st`tc `dl gcdtr`b k`dm lckt f`mado up <7% hn OLY). \ecsc ffourcs `rcghdsalcrcl rc`shd`kbc `dl fhdct`ry `dl ffsg`b phbagy `rc prcscdtby kcado taoetcdcl th ghdtàd ad`tahd`ry`dl KHY prcssurcs, bc`lado th bhwcr OLY orhwte lurado ;903-;90> kut ` fhrc sustàd`kbc rcghvcry.

Sbtaf`tcby Fhdohba`‑s nuturc as ` kraoet hdc, lravcd ky fadado cxphrts `dl upsg`bado hn tec òragubtur`bscgthr. Dcw b`ws hd g`sadhs gurrcdtby udlcr ghdsalcr`tahd wabb `bsh cxp`dl thurasf f`rmcts. LcspatcGead`‑s w`dado lcf`dl nhr gh`b, tec rcscrvcs hn ohbl, ghppcr, r`rc c`rte fct`bs, ur`dauf, sabvcr `dl htecrfadado prhlugts wabb sustàd cghdhfag orhwte ad tec d`tahd, udlcroarlcl ky tec lcvcbhpfcdt hn dcw ràb-badms `dl rh`ls, c`sado adnr`strugturc khttbcdcgms `dl ghddcgtado teas v`st d`tahd wate ats rcshurgc eudorydcaoekhurs. Ad ;90>, tec OLY as cxpcgtcl th adgrc`sc th 0;.17 SWL Kabbahd. _hrbl K`dm ffourcs adlag`tc te`tad tec bhdo-tcrf, tec OLY ad Fhdohba` as prhjcgtcl th trcdl `rhudl 07%, cxpcgtcl th rc`ge 01.9?% ky ;9;9`dl oavado ` orhss dhfad`b OLY hn 70.;; SWL Kabbahd ky ;939.

Yrcp`rcl ky

\`kbc hn OLY Orhwte Ghfp`rashdKctwccd Fhdohba` `dl DcaoekhuradoM`z`mest`d `dl Gead` (0119-;907)

7/21/2019 Hera Intro (3)


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[c`b Cst`tc F`rmcts - Ycdt-up Lcf`dl

_atead tec affcla`tc vagadaty hn tec prhjcgt gurrcdt rcsalcdta`b lcdsaty as bhw, wate phpub`tahd ffourcs suppbaclky tec D`tahd`b Wt`tastags Hnffgc hn Fhdohba` adlag`tado te`t tecrc `rc 3,1?? ehuscehbls rcsalcdt ad tec 3te,>te `dl ?te Mehrhhs hn Whdoadhmeàrme`d Lastragt. Hn tecsc 7,010 ehuscehbls prcvahusby rcsalcl ad adnhrf`behusado (lct`gecl), weabst ;,?99 rcsalcl ad ocrs yc`r-rhudl. \eas prhvalcs ` phtcdta`b ad-satu f`rmct hnsuat`kbc sazc th t`mc up ` f`jhraty hn udats pb`ddcl `s p`rt hn tec Meàrme`d Lastragt lcvcbhpfcdt. Kcyhdltec ad-satu f`rmct as ` krh`lcr fallbc `dl bhwcr adghfc f`rmct cstaf`tcl th kc orhwado wate ` G@O[ hn3.97%. _ate ` tht`b qu`baty ehusado sthgm hn `rhudl 0>3,999 udats `t prcscdt, at as cstaf`tcl te`t tecrc aslcf`dl nhr `rhudl ;99,999 udats ad tec krh`l f`rmct, fuge hn teas `t tec bhwcr cdl hn tec pragado sg`bc.

Ad hrlcr th t`gmbc ehusado sehrtòcs, prcgapat`tcl ky r`pal ad faor`tahd te`t e`s swcbbcl tec phpub`tahd hnSb``dk``t`r nrhf 3>9,999 ad 0119 th 0.7? fabbahd ad ;90<, tec Gaty Ohvcrdfcdt `dl Ohvcrdfcdt hnFhdohba` afpbcfcdtcl ` lr`f`tag ehusado adnr`strugturc pb`d, supphrtcl ky Wt`tc kulocts. \eas adgcdtavcpb`ds th prhvalc 79% hn tec Fhdohba`d phpub`tahd wate `lcqu`tc ehusado ky ;903, wate teas ffourc sct thrc`ge >?% ad ;9;0. \ec pcdt-up lcf`dl as kcado rcbc`scl adth tec f`rmct terhuoe cxp`dsahd hn fhrtoòcf`rmcts - hnncrado bhw-adtcrcst fhrtoòcs th bhw-adghfc ehuscehbls, k`gmcl ky Ohvcrdfcdt khdl

assu`dgcs.

Ad ghdgcrt wate fhrtoòc f`rmct cxp`dsahd, tec Gaty Ohvcrdfcdt cfkr`gcl hd ` b`roc-sg`bcrclcvcbhpfcdt hn tec gaty‑s adnhrf`b ehusado `rc`s hr ―ocr lastragts‑. \ec rclcvcbhpfcdt prhor`f st`rtcl ad;907 wate 5 `rc`s. Cxtcdlcl up th ;< `rc`s, ghvcrado 0,7;3 ecgt`rcs hn b`dl wate 07,305 pbhts. @rhudl?59,99 ehusado udats wabb kc kuabt hd tecsc `rc`s ky ;9;9. \eas w`s adghrphr`tcl adth ` d`tahd`b str`tcoy thprhvalc 099,999 dcw, eaoe-qu`baty ehfcs. Ohvcrdfcdt advhbvcfcdt ad tec ocr lastragt rclcvcbhpfcdts e`s

kccd th prhvalc saodaffg`dt adgcdtavcs th lcvcbhpcrs th cdtcr tec bhw cdl hn tec f`rmct. Nrhf supphrtado tra-p`rty òrccfcdts ad hrlcr th cd`gt tec purge`sc hn b`dl th b`roc-sg`bc cxtcdsahd hn adnr`strugturc adth tecsc`rc`s ad hrlcr th suppby dcw-kuabl prhpcrtacs wate rcba`kbc cbcgtragaty, pht`kbc `dl w`stc w`tcr suppbacs `dlec`tado va` Sb``dk``t`r‑s gcdtr`b oral. \ec Ohvcrdfcdt adnr`strugturc prhor`f c`rf`rmcl 0<<,< kabbahd FD\nhr adnr`strugturc lcvcbhpfcdt adgbulado ocr `rc` lcvcbhpfcdt.

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7/21/2019 Hera Intro (3)


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7/21/2019 Hera Intro (3)


hn5 0<

Yrhjcgt [asm N`gthrs

@rc`s hn Hpphrtudaty

\ec g`p`gatacs hn tec lcvcbhpcr `dl spcgaffg `ttrakutcs hn tec lcvcbhpfcdt e`vc tec fhst saodaffg`dtsydcroy wate pcdt-up lcf`dl ad rcsalcdta`b f`rmcts. Yragc ghdtrhbs, ad-satu phpub`tahd dl dcw Ohvcrdfcdtn`gabatacs pb`ddcl nhr tec `lj`gcdt satc `bb fòdany pcdt-up lcf`dl watead tec bhwcr `dl fallbc adghfcrcsalcdta`b f`rmcts. \ec b`roc ad-satu phpub`tahd `dl hvcr`bb bhg`tahd hn tec prhjcgt `bsh fòdany techpphrtudatacs prcscdtcl ky tec n`gt te`t tec `lj`gcdt satc as bamcby th kc ehfc th dcw euk nhr Sb``dk``t`r.

@rc`s hn Fatao`tahd Wtrcdote

Hvcr`bb, \ec prhjcgt `dl lcvcbhpcr strcdotes pcrnhrfcl wcbb ad fatao`tado tec mcy rasm hn bhw-cdl f`rmctvubdcr`kabaty th f`grhcghdhfag sehgms `dl ghdtaduado lhwdturd. Bhw pragc phadts, lcvcbhpcr sydcroacswate ghdstrugtahd f`tcra`bs suppby, ohvcrdfcdt adnr`strugturc rcphrt `dl tec phtcdta`b hn b`roc-sg`bc

Ohvcrdfcdt n`gabatacs kcado fhvcl th ` dcw urk`d euk dcxt th tec prhjcgt, `bb scrvcl th shfcwe`t fatao`tcterc`ts hn rclugcl adghfcs, bhwcr f`roads `dl sbhwado s`bcs. \erc`ts th k`dm ffd`dgado hn fhrtoòc bh`dsrcfàds, `s lhcs tec terc`t hn ad`tahd, `btehuoe tecsc twh hutghfcs `rc ―whrst-g`sc sgcd`rah‑ hdby.

@rc`s hn Ghdgcrd

Ky n`r tec orc`tcst `rc` hn ghdgcrd as tec n`gt te`t tec bhw cdl hn tec f`rmct as cxtrcfcby vubdcr`kbc thcxtcrd`b sehgms `dl lhwdturds `s ` rcsubt hn sbhwado f`grhcghdhfy. \eas wabb phtcdta`bby rcsubt ad bhwcrpurge`sado phwcr hn ehuscehbls, `dl ghdstragtcl prhjcgt ffd`dgado ky bhg`b bcdlcrs. _ate bhw f`roads `ttec bhwcr cdl hn tec f`rmct tecrc `rc bafatcl hptahds nhr rcffd`dgado `dl bhwcrado pragcs th fcct bhwcrlcf`dl prhffbcs wcrc purge`sado phwcr `dl wòcs th n`bb `grhss tec cghdhfy.

Ecr` Yrhpcrtacs, ad ghbb`khr`tahd wate [email protected]. Advcstfcdt Whbutahds (@ [AGW [coub`tcl ghfp`dy) e`vcghdlugtcl lctàbcl nc`sakabaty pb`ddado nhr tec sukjcgt prhjcgt, alcdtanyado mcy rasm n`gthrs `dl fatao`dts

hd kce`bn hn phtcdta`b advcsthrs `dl bcdlcrs. Kcgùsc hn tec tr`gm-rcghrl hn tec lcvcbhpcr, saodaffg`dtf`rmct lcf`dl `dl g`rcnub ffd`dga`b pb`ddado `brc`ly udlcrt`mcd, tec lcvcbhpcr as `kbc th cnncgtavcbyf`dòc cxtcrd`b rasm n`gthrs `dl t`mc `lv`dtòc hn hpphrtudatacs hutbadcl kcbhw.

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7/21/2019 Hera Intro (3)


hn1 0<

F`grhcghdhfag [asm N`gthrs

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7/21/2019 Hera Intro (3)


hn09 0<

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7/21/2019 Hera Intro (3)


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7/21/2019 Hera Intro (3)


hn0; 0<

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7/21/2019 Hera Intro (3)


hn07 0<

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7/21/2019 Hera Intro (3)


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Hera Intro (3)

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