pagina 20, 04-04-2015 Š Het Financieele Dagblad
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pagina 23, 04-04-2015 Š Het Financieele Dagblad
=" :* ,6= */ =@H2H= (>=*, =( >=' >=-A,, /6== -;=*,=*/= =: ;>=C /=.*+/=- C /=/A= /;=>D ) (1/ : A*G / =% ;+ ;=C :,113 =( =*,=.*+/= *' /=*/C ;> :*/'=C /= /=,- */ =>1/= :A*>= /= *;= := /=.11* =(1 C -( * =' - = ; (*, := C11:='1 = 1 - /69 =8 =( /=*/.* -;=>D =.*-+1 /= % ;+ ;=C :,1 (>= /= -,=+ :=/ .>= =1.G >=. >= C*+">*'=3:1 />=>1 6= "' -13 /=+ := :1 '= = 1.G >=G19/=C* :=.*-+1 /= A:16= :=G*+/=G ;>* /= . /; /=*/= * /;> =D = : * /=;>: ,;= -D := A*>6= =( /=1/- /';= /= -=' ;-1> /=. >= /= . :*, /; = *;>:* A> A:6= = 133 :) % ;; /=D1: /= *// /,1:>= *+C11: - =*/= = .A; A.D*/, -=C /=( >= A; A.=1"= 1 :/= :>=*/= D= 1:,=C :,1 (>6= >=*;= (>= /1:.= ' D1: / = /=> ' -*+, :>*+ = /,=*, =D =;> /= /1'=. := /=( >= '*/69 =8 ,= /= /*'= / -) (1A := /=*,=, /= :=*/.* -;=C /= > / =/ >= -;= =. /; /= * = :=/A=D :, /6= -;= *' / := D*-=*,=C11: -= 1/>:1- =(1A /=1C := =.*;;* 6= >=' >=D -= /;="1A> =(11:6= =3:1 : /= */= 1/',1/'= /=C ;>*'*/'=13=> =G >> /=. >= . / ' . />= >=11,= / -(1A :=D ; = . :=*,=. :,> => :=3- ,, = >=G1* >;=. > /=>1>= A - = ' / 9;=- * >6= /=' >=( >= C1/>AA:= /* >= 11:6= * C :=G >=*,= /=>: */*/';*/;>*>AA>= 13=D :=. D :, :;=1/G =.*;;* = /= /3 ,= ,A// /=- : /69 8 */ ;=*,=,*/ : /=( =G*>=*,= D -= /;=> =;-*,, /= *+=#-.;6= F3*; ( =C:1A)
D /#-.;=D --* (> =G1 -;= 6= -;=*, = . ;> -=C* = /=; ( :.3+ =*/= /=C-* '>A*' = G1=3 >;) 1 .=' 1/":1/> : =D1: =. >=.*+/= C :-*+, =C : />D11: -*+,( * =; (* >=*,=C1-6=
*;; (* /=;3 ->=.*+/= *' /=+ A' = := /=:1-= */6= *+/=1A :;=G*+/=' ; ( * /=>1 /=*,= /=+ := 1A =D ;6= ,= - "= *+=.*+/=.1 :=*/= */ (1C /= /= /;=3 :=. / ='*/'=*,=/ :=.*+/=C :=*/= .;> : .6= ,=, /=.*+/=1A :;=D -*;D :=/* >= :AG* / =. :=*,=C :.*+ =:AG* ;=/1'= ->*+ =( >= -* ";>6= ,=( =. =>(A*;=1"=13=( >=; (11-3- */= ->*+ = /=. /*/';C :; (*-- /=1/>>:1,, /69 =8 "1 =*/=( >= '*/= (>=*,= -, = C1/ =D1: >= :=.1:' /=/1'=D -= /= 133 :=C :,1 (>7= >=*;= -- /'=D '6= := -- :- *=':1> = /=C11: -=,- */ = */' >+ ;=,A// /= . =/1'=D -=D ,, :=(1A /6= 3; (:*+C /=( -3>= /* > = /=' =*,=C :C1-' /;=-*'' /= /, /=D >= := /1'=. :=13= >=-*+;>+ =.1 >69
=8 ,=( =C:1 ' :=13=(11'=/*C A= ' (1 , F =*/=( >=: '*1/ -= :- / ;=+ A' ) > .6= ;, > -=' ;3 - =11,6= :=/A=( =*,= :=' /=>*+ =C11:6= 1A=+ = -;=( >= /*';G*/;=.11*= D :=*;=' =*,=;A:" /= /=G *- /69 =8 D :" "C -6= -;=*,=* . / = * >;= (> -11;=G* =D ''11* / =;3: ,=*,=( .= :13= /6= >=G1A /=D = -- . -=.1 > /= 1 /6= ,=, /=;1D* ;1=( -=;- (>=> ' /=C :;3*-) -*/'6= ,=,1.=A*>= /=/ ;>=G1/ :=C -=' - =. :,) ,- */'=C1/ =.*+/=.1 :=1/G*/6= ,=.1 ;>= = 1;> )31-11>+ ;= * =*,=13=(1 , F" ;> /= D*- = : ' /=G -"=C : * / /6= =.1 ;>=/ >+ ;= 1.' /=. >=D >=+ =( 6= AE =D ;=* >;=C11:= / : =. /; /69 =8 *+/= GD ,, =3- ,=*;=.*+/ = ( =' : ,= /= .3 >(* 6= ,=( =* >;=*/=.*+/=(11" = /= >=.1 >=( >= /= D1: /6= ,=,*+,= /=/* >=G1='1 =1.=. =( / = ( =/* >= ->*+ =*/= =' > /= >= / : =. /; /= 11,= /=. /*/'=( /6= ,= /=.*+= :=> ' /) D11: *'=D -=. :=C /= DA;>6= A=( >= :*+"= ':1 *> =.1 >=*,=( >=11,= > :=- : /6= ,= /= := ' -*+,;=. = G*' =. :=G1D -=*/=3:*C : - >* ;= -;=(* :=13=, />11:= -*+">=( >=( : =D :, /=1.= / : /= /=3- ,=> =' C /=>A;; /= -= * = :A,> = */=.*+/=(11" 69
pagina 22, 04-04-2015 Š Het Financieele Dagblad
=22= A'A;>A;= 20<@ = - :13= =20!0)200?= = 1: 13- * */' =200?)200$= :,>= */= = * /*/'= *+= /= C*+";> :: /(1> -=*/= B:* (= 200<)2000= ">= *' /= D*+/*.31:> :*+"=*/= */- / =4/* >=' -A,>5= /= /= > :*/' :*+"= C :C /=4( -"=' -A,>5= @HHH)@H2H= C / . /> /. / ' := C11:=1/ :=. := /1/ = -1:* = /= @H2H= '*/>= 133 : = >= */.* -;= /=1.G >= ( ">=C /=G19/=&=.*-+1 /= A:16= /= -=C /= = 1.G >=' >=/ := /= :*/,D > :3:1+ >=*/= 3 -6
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$&.2 #1% $ %16 1 %1(.& 4 2 )1 21 %1 % 1 & 17& 1$ .1 %1 $$ %)1 %# % 15 ."& 2 %16 1 %24// %1 #1 4 7 % %1 /! /17&% .1 21 .1 &&"1$ .1 %16 /1 (.& 4 . )1 &5 % %1 /#&&21 // %217 !%1( ./&% #/# %1 .1 %1 412 1 & % 1 21 1&%/1 1/2 .21 16 1%& 1 %)1 %1&"2& .1"6 $1 21 ./2 1 /! 14 21
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pagina 21, 04-04-2015 Š Het Financieele Dagblad