8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 1/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 2/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 3/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 4/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 5/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 6/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 7/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 8/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggggg 9/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 10/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 11/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 12/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 13/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 14/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 15/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 16/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 17/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 18/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 19/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 20/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 21/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 22/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 23/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 24/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 25/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 26/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 27/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 28/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 29/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 30/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 31/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 32/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 33/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 34/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 35/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 36/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 37/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 38/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 39/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 40/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 41/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 42/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 43/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 44/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 45/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 46/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 47/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 48/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 49/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 50/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 51/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 52/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 53/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 54/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 55/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 56/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 57/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 58/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 59/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 60/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 61/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 62/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 63/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 64/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 65/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 66/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 67/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 68/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 69/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 70/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 71/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 72/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 73/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 74/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 75/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 76/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 77/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 78/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 79/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 80/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 81/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 82/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 83/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 84/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 85/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 86/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 87/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 88/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 89/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 90/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 91/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 92/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 93/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 94/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 95/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 96/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 97/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 98/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglhegggggggggggggggggggggggggggg 99/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 100/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 101/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 102/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 103/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 104/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 105/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 106/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 107/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 108/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 109/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 110/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 111/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 112/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 113/114

8/22/2019 Pnzgy II-Vllalkozsfinanszrozsblglglhghlglhglhgggggggggggggggggggggggggggggggggggggggggggggg

http:///reader/full/penzuegy-ii-vallalkozasfinanszirozasblgelgelheghleglheglheggggggggggggggggggggggggggg 114/114