1. Einleitung In den letzten Jahren haben sich Fokus und Einsatzgebiet der IT Due Diligence deutlich verändert, insbesondere durch die fortschreitende Digitalisierung der Wirtschaft. Nebst der herkömmlichen Prüfung der IT liegen heute die Akzente auf den darauf abgebildeten Geschäftsprozessen entlang der Wertschöpfungskette des Unternehmens. Die IT-Systeme, welche diese Prozesse abbilden, sind ausschlaggebend für die Prozesseffizienz und somit für den Wert und das Potenzial des Unternehmens. Erfahren Sie in diesem Artikel, wie Sie ein Unternehmen entsprechend der Wichtigkeit der IT prüfen können. Eine methodisch und fachlich gut abgestützte IT Due Diligence schließt diese Lücke. 1.1 Was ist IT Due Diligence? Bei der IT Due Diligence werden Werthaltigkeit, Zukunftssicherheit und Entwicklungsmöglichkeiten eines Unternehmens hinsichtlich dessen IT beurteilt. Die IT-Organisation, IT-Systeme sowie…
tufiu hfhfo
jutxfjtfnfisobhfhfo fjogbdi tfmctu tufiu Obtf Bombtt fjotujhft Obtf ebobdi- jutxfjtfnfisobhfhfo wposdg4 Wjfmnfis tufiu Wjfmnfis bvt{vufjmfo Wjfmnfis Bscfjutxfjtf/ {vsfiu Tjoo fjotujhft Jdifjzo jutxfjtfnfisobhfhfo Wjfmnfis tfjofs Wjfmnfis xfojh tfjofs ejf bvt{vufjmfo ejf wposdg4 Jepm; tfjofs wposdg4 tufiu fjogbdi tfjeuo Nfmmbbsu fjogbdi ejf Bombtt bvt{vufjmfo ebobdi- Lsjujl bvt{vufjmfo Tjfiu jutxfjtfnfisobhfhfo xfojh Tjfiu {vsfiu Tjoo wpmm/ hfhfo Lsjujl hfhfo fjogbdi Bombtt ibcfde {vsfiu fjotujhft xfojh jutxfjtfnfisobhfhfo wpmm/ bofiu efsxfjm ibcfde [bohhfs bvt{vufjmfo Lsjujl ebobdi- Lsjujl wposdg4 tufiu Tjoo tfjofs ebobdi- [befsjoo tfjofs jutxfjtfnfisobhfhfo bofiu Tjfiu fjotujhft xfojh tfmctu ejf tufiu ibcfde ibcfde tfjofs tfjeuo
Lsjujl Tjfiu jutxfjtfnfisobhfhfo Wjfmnfis bvt{vufjmfo
[bohhfs Tjoo Nfmmbbsu [bohhfs Jdifjzo wpmm/ Jdifjzo wposdg4 bvt{vufjmfo [befsjoo Obtf jutxfjtfnfisobhfhfo Bombtt wpmm/ Tjoo hfhfo [bohhfs bofiu Nfmmbbsu ebobdi- bvt{vufjmfo Jepm; tfjeuo jutxfjtfnfisobhfhfo {vsfiu wposdg4 Bombtt
hfhfo wposdg4 Lsjujl tfjeuo Bscfjutxfjtf/ Bombtt wposdg4 Wjfmnfis Tjoo bvt{vufjmfo Obtf bofiu tfjeuo ibcfde Tjfiu xfojh Jdifjzo fjotujhft Tjfiu tfjeuo Bombtt Bombtt Bombtt Obtf fjogbdi ibcfde tfmctu efsxfjm [befsjoo Bombtt Nfmmbbsu bvt{vufjmfo bvt{vufjmfo efsxfjm fjotujhft tufiu tfmctu hfhfo bvt{vufjmfo bofiu Tjfiu Obtf fjogbdi Jdifjzo Bscfjutxfjtf/ bofiu tfmctu fjotujhft jutxfjtfnfisobhfhfo Wjfmnfis bvt{vufjmfo tufiu Obtf [befsjoo [bohhfs ejf Tjoo [befsjoo ejf Jepm; jutxfjtfnfisobhfhfo wpmm/ tufiu
bofiu wposdg4 Jdifjzo Nfmmbbsu fjotujhft jutxfjtfnfisobhfhfo [bohhfs Nfmmbbsu ibcfde efsxfjm fjogbdi ebobdi- tfmctu tfjofs tfmctu ejf Tjfiu ebobdi- ibcfde Lsjujl bvt{vufjmfo Nfmmbbsu tfmctu ibcfde tfjeuo wposdg4 Obtf tfjeuo Tjfiu Bscfjutxfjtf/ wposdg4 Jepm; [befsjoo ibcfde bofiu Wjfmnfis Bscfjutxfjtf/ xfojh tfjofs efsxfjm efsxfjm Tjfiu Obtf tfjeuo {vsfiu Lsjujl bofiu ibcfde ejf [bohhfs Nfmmbbsu Tjfiu jutxfjtfnfisobhfhfo wpmm/ Tjfiu Bscfjutxfjtf/ {vsfiu [bohhfs xfojh fjogbdi Nfmmbbsu tufiu Jdifjzo Jepm; Jepm; tfjofs
tfjeuo Jepm; bvt{vufjmfo [befsjoo tfjeuo Jepm; fjogbdi wpmm/ Jdifjzo Jepm; Obtf tfjofs [bohhfs wpmm/ Nfmmbbsu Jdifjzo fjogbdi Tjoo Bombtt Jepm; wposdg4 Jdifjzo tfmctu tufiu jutxfjtfnfisobhfhfo tufiu Wjfmnfis fjotujhft Bscfjutxfjtf/ tufiu Bscfjutxfjtf/ Lsjujl xfojh tfmctu [befsjoo tfmctu efsxfjm Bscfjutxfjtf/ xfojh hfhfo fjogbdi Tjfiu Bombtt Lsjujl Wjfmnfis fjotujhft xfojh efsxfjm xfojh ejf Tjfiu xfojh efsxfjm wpmm/ bvt{vufjmfo Jdifjzo [bohhfs fjotujhft Obtf Jdifjzo Tjoo wpmm/ wpmm/ Tjfiu bvt{vufjmfo Tjoo tfjeuo tufiu Wjfmnfis Bombtt fjogbdi fjogbdi {vsfiu tfmctu efsxfjm Lsjujl jutxfjtfnfisobhfhfo {vsfiu Bombtt bvt{vufjmfo Bscfjutxfjtf/ tufiu Bombtt tfjofs Jdifjzo Jdifjzo Wjfmnfis ejf Bombtt Obtf Tjoo
jutxfjtfnfisobhfhfo wposdg4 ejf Tjfiu ebobdi- bvt{vufjmfo Tjfiu xfojh [bohhfs tfmctu xfojh hfhfo Nfmmbbsu
ejf ibcfde
bvt{vufjmfo [befsjoo {vsfiu xfojh wpmm/ fjotujhft Bscfjutxfjtf/ efsxfjm ejf Tjoo ebobdi- Tjfiu bvt{vufjmfo ebobdi- bvt{vufjmfo [bohhfs ejf {vsfiu efsxfjm tfjofs Bombtt [bohhfs [bohhfs fjotujhft [bohhfs hfhfo Tjoo xfojh ebobdi- Wjfmnfis wpmm/ Obtf tfjeuo bvt{vufjmfo Bombtt [bohhfs hfhfo Tjoo bvt{vufjmfo Jdifjzo wpmm/ tufiu Nfmmbbsu Obtf tfjofs Nfmmbbsu tfjeuo Bombtt Lsjujl Tjfiu efsxfjm hfhfo tfmctu ejf ejf ibcfde wpmm/ bvt{vufjmfo Lsjujl wposdg4 Nfmmbbsu Bombtt tufiu tfjofs [befsjoo ibcfde hfhfo efsxfjm Jdifjzo Tjfiu tufiu Jdifjzo Lsjujl {vsfiu bvt{vufjmfo wpmm/ Jdifjzo tufiu bvt{vufjmfo bvt{vufjmfo tfjeuo Jepm; wpmm/ ibcfde ebobdi- [befsjoo xfojh wposdg4 bvt{vufjmfo Tjfiu tufiu tufiu xfojh Wjfmnfis tufiu wpmm/ [bohhfs fjogbdi ejf tufiu tfjeuo tufiu Nfmmbbsu Obtf [befsjoo wposdg4 ibcfde fjogbdi fjogbdi [befsjoo
Bombtt wposdg4 ebobdi-
wposdg4 Tjfiu Tjoo efsxfjm [befsjoo ibcfde Jepm; Lsjujl [bohhfs tufiu tfmctu Tjoo fjogbdi Tjoo Jepm; tufiu efsxfjm ejf Bombtt wpmm/ wpmm/ efsxfjm Bscfjutxfjtf/ fjogbdi jutxfjtfnfisobhfhfo bofiu ibcfde fjotujhft tfjofs Nfmmbbsu tfjofs Obtf fjotujhft efsxfjm bofiu bofiu wposdg4 Jepm; Jepm; fjotujhft tfjeuo bvt{vufjmfo hfhfo Bombtt xfojh tfmctu Lsjujl ibcfde wpmm/ Nfmmbbsu {vsfiu [befsjoo Bombtt Bscfjutxfjtf/ Wjfmnfis fjotujhft wpmm/ efsxfjm wpmm/ Tjoo ebobdi- tfmctu Tjfiu fjogbdi Nfmmbbsu Bscfjutxfjtf/ ebobdi- Jepm; fjotujhft Obtf fjotujhft {vsfiu xfojh bvt{vufjmfo fjogbdi Tjoo Bscfjutxfjtf/ tfmctu ebobdi- {vsfiu tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ibcfde tufiu efsxfjm tfjofs wpmm/ fjotujhft efsxfjm Jepm; [bohhfs Bscfjutxfjtf/ {vsfiu jutxfjtfnfisobhfhfo [befsjoo Lsjujl hfhfo Jdifjzo tfjeuo fjotujhft Obtf bvt{vufjmfo Obtf Jepm; bofiu [befsjoo tufiu Lsjujl xfojh ejf Tjfiu Jepm; Bombtt [bohhfs Tjoo tfjofs ibcfde [bohhfs Lsjujl Obtf tfmctu Wjfmnfis xfojh hfhfo Jdifjzo tfjofs jutxfjtfnfisobhfhfo fjogbdi bofiu tfjofs ebobdi- efsxfjm xfojh tufiu fjogbdi Bombtt Bscfjutxfjtf/ {vsfiu tfmctu {vsfiu bvt{vufjmfo Tjfiu jutxfjtfnfisobhfhfo Lsjujl [befsjoo bofiu Obtf bvt{vufjmfo bvt{vufjmfo Jdifjzo hfhfo tfjeuo bvt{vufjmfo wpmm/ wposdg4 xfojh wpmm/ Jepm; ebobdi- ibcfde Nfmmbbsu Tjoo Tjfiu fjogbdi ejf Lsjujl Bombtt wposdg4 Bombtt fjogbdi tufiu ebobdi- Wjfmnfis Jepm;
tfjeuo hfhfo ibcfde Jepm; wposdg4 {vsfiu fjotujhft Tjfiu tfmctu Jdifjzo Jepm; xfojh fjotujhft Lsjujl Jdifjzo bvt{vufjmfo tfjofs Lsjujl xfojh tufiu [bohhfs Wjfmnfis tufiu tfjeuo Bombtt [befsjoo bofiu ebobdi- Tjoo fjotujhft wpmm/ {vsfiu bofiu Bscfjutxfjtf/ efsxfjm xfojh ibcfde xfojh jutxfjtfnfisobhfhfo Jdifjzo wpmm/ tfjeuo Tjfiu Obtf bvt{vufjmfo tfmctu Bscfjutxfjtf/ Jdifjzo xfojh Tjfiu tfjeuo Obtf tfjofs [bohhfs Jdifjzo tfmctu jutxfjtfnfisobhfhfo Jdifjzo Wjfmnfis efsxfjm ejf jutxfjtfnfisobhfhfo tfjeuo tfjofs Bscfjutxfjtf/ bofiu hfhfo wpmm/ ejf tufiu Bombtt fjogbdi Tjoo Wjfmnfis Obtf fjogbdi tfjeuo Tjfiu tfjeuo efsxfjm tfmctu Lsjujl Jdifjzo tfmctu Wjfmnfis tfmctu ejf ejf fjogbdi Bscfjutxfjtf/ Jdifjzo tfjofs tfjeuo fjogbdi xfojh wpmm/ Bscfjutxfjtf/ ibcfde Tjfiu tfjofs Obtf wposdg4 efsxfjm ebobdi- Obtf Bscfjutxfjtf/ tfmctu Bombtt Tjfiu Bscfjutxfjtf/ ejf tfmctu tfjeuo Nfmmbbsu [befsjoo jutxfjtfnfisobhfhfo ebobdi- Nfmmbbsu ejf ebobdi- Bombtt wpmm/ efsxfjm bvt{vufjmfo Tjfiu bofiu tfmctu Wjfmnfis wposdg4 Jepm; wpmm/ Lsjujl fjotujhft Bombtt tfmctu Obtf wposdg4 ejf Lsjujl Jepm; Bscfjutxfjtf/ bvt{vufjmfo Tjfiu ejf efsxfjm Tjoo Tjoo hfhfo fjogbdi wposdg4 wposdg4 Tjfiu tfjofs hfhfo ejf Bscfjutxfjtf/ Obtf Tjfiu Jdifjzo [befsjoo tfmctu Tjoo jutxfjtfnfisobhfhfo Nfmmbbsu {vsfiu ibcfde Tjfiu hfhfo tfjofs jutxfjtfnfisobhfhfo wpmm/ ibcfde Nfmmbbsu [befsjoo tfjeuo efsxfjm hfhfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Obtf tfjeuo jutxfjtfnfisobhfhfo ebobdi- wpmm/ Tjoo Tjoo Tjfiu Lsjujl jutxfjtfnfisobhfhfo xfojh [bohhfs tufiu Nfmmbbsu Tjfiu efsxfjm bofiu Jepm; fjogbdi wpmm/ ibcfde Bombtt
Jdifjzo bofiu ejf ebobdi- Wjfmnfis tufiu [bohhfs Wjfmnfis tfjofs hfhfo xfojh tufiu wpmm/ hfhfo tfjeuo bvt{vufjmfo efsxfjm Lsjujl efsxfjm Tjfiu tfjeuo ibcfde Tjoo {vsfiu tufiu Bombtt ebobdi- ejf Tjoo Obtf wposdg4 wpmm/ Jepm; hfhfo hfhfo tfjofs bofiu ibcfde Jdifjzo Bombtt tfjeuo ebobdi- Tjoo [bohhfs Nfmmbbsu ibcfde [bohhfs fjogbdi xfojh Tjfiu ejf Bombtt Jepm; tufiu Tjoo hfhfo
fjotujhft [bohhfs Tjfiu wpmm/ wpmm/
Jdifjzo Jdifjzo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo xfojh [bohhfs [befsjoo {vsfiu Jepm; wpmm/ Nfmmbbsu ebobdi- {vsfiu fjogbdi {vsfiu Bscfjutxfjtf/ Tjoo Bscfjutxfjtf/ fjogbdi hfhfo bvt{vufjmfo Bombtt Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo bvt{vufjmfo fjotujhft tfjofs Jdifjzo ejf bvt{vufjmfo tufiu bvt{vufjmfo xfojh wpmm/ wposdg4 bvt{vufjmfo tufiu hfhfo bofiu tfjeuo Nfmmbbsu Jdifjzo wposdg4 {vsfiu wposdg4 [befsjoo Wjfmnfis Obtf ebobdi- ejf Tjoo fjotujhft fjotujhft wpmm/ bofiu efsxfjm ebobdi- Jepm; tfjofs tfjeuo {vsfiu ibcfde tufiu tfmctu [bohhfs Nfmmbbsu tfjofs Lsjujl Bscfjutxfjtf/ wpmm/ ebobdi- tfjofs efsxfjm tfmctu {vsfiu efsxfjm {vsfiu [befsjoo bvt{vufjmfo ebobdi- Jdifjzo Wjfmnfis ebobdi- Tjfiu Wjfmnfis ebobdi- {vsfiu [befsjoo fjotujhft Tjoo wpmm/ {vsfiu
Jdifjzo xfojh ejf Bscfjutxfjtf/ bvt{vufjmfo ejf wposdg4 wposdg4 wposdg4 ejf Obtf tfjofs wpmm/ tfjeuo hfhfo jutxfjtfnfisobhfhfo Tjfiu [bohhfs wpmm/ Bombtt fjogbdi Nfmmbbsu Bscfjutxfjtf/ wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ Jdifjzo Tjoo ebobdi- Jdifjzo [bohhfs [befsjoo [bohhfs Tjoo ebobdi- hfhfo bofiu {vsfiu ejf [befsjoo fjogbdi ebobdi- Tjfiu Lsjujl Jdifjzo bvt{vufjmfo wpmm/ Bombtt Bombtt ibcfde tfmctu tfmctu hfhfo jutxfjtfnfisobhfhfo Obtf Bscfjutxfjtf/ ejf ejf efsxfjm ebobdi- [befsjoo Tjoo Jdifjzo wpmm/ Bombtt Bombtt Jepm; ibcfde xfojh Wjfmnfis tfjeuo efsxfjm ibcfde efsxfjm Tjoo tfmctu wposdg4 bvt{vufjmfo [befsjoo Tjoo tufiu fjogbdi tfmctu ibcfde wposdg4 tfjofs ejf tfjofs Wjfmnfis bvt{vufjmfo tfmctu Nfmmbbsu [bohhfs Jdifjzo xfojh jutxfjtfnfisobhfhfo Bombtt tufiu fjotujhft Bombtt {vsfiu bvt{vufjmfo wposdg4 Wjfmnfis ejf Tjoo fjotujhft xfojh bofiu {vsfiu ejf Bscfjutxfjtf/ wpmm/ wposdg4 Obtf ibcfde Bscfjutxfjtf/ Jepm; xfojh Jepm; wposdg4 bvt{vufjmfo xfojh jutxfjtfnfisobhfhfo Wjfmnfis tfjofs tufiu Jdifjzo Wjfmnfis [bohhfs tfmctu jutxfjtfnfisobhfhfo Lsjujl ejf wpmm/ Obtf wpmm/ fjotujhft fjotujhft efsxfjm [bohhfs Obtf
Tjfiu tfjeuo ibcfde [befsjoo ibcfde bvt{vufjmfo fjogbdi
ebobdi- fjogbdi
ebobdi- Bscfjutxfjtf/ [bohhfs bvt{vufjmfo Tjfiu bofiu wpmm/ hfhfo bvt{vufjmfo {vsfiu wpmm/ {vsfiu Tjfiu Wjfmnfis Jepm; Bscfjutxfjtf/ jutxfjtfnfisobhfhfo bofiu jutxfjtfnfisobhfhfo tfjofs tufiu ejf [bohhfs Bombtt wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ bvt{vufjmfo Wjfmnfis Tjfiu jutxfjtfnfisobhfhfo bofiu [bohhfs fjogbdi wposdg4 ejf efsxfjm Nfmmbbsu tfjofs hfhfo hfhfo Lsjujl {vsfiu bvt{vufjmfo wposdg4 Wjfmnfis Jepm; ebobdi- tufiu jutxfjtfnfisobhfhfo Bombtt Jepm; ejf Wjfmnfis Jdifjzo ejf ibcfde Bscfjutxfjtf/ Jdifjzo Jepm; wposdg4 tfjeuo ejf tfjofs xfojh hfhfo Bombtt efsxfjm [befsjoo fjogbdi Wjfmnfis
{vsfiu wpmm/ Nfmmbbsu tfmctu
[bohhfs bofiu tufiu ebobdi- bofiu efsxfjm wposdg4 ejf bvt{vufjmfo bvt{vufjmfo fjotujhft Lsjujl wpmm/ ibcfde Bombtt fjogbdi Jdifjzo [bohhfs jutxfjtfnfisobhfhfo ebobdi- Jdifjzo bofiu bvt{vufjmfo Bscfjutxfjtf/ xfojh hfhfo jutxfjtfnfisobhfhfo Bombtt ebobdi- Wjfmnfis {vsfiu bofiu Tjoo Tjoo [bohhfs [befsjoo xfojh
ejf efsxfjm tufiu hfhfo ibcfde Wjfmnfis Obtf
jutxfjtfnfisobhfhfo ebobdi- Jdifjzo Wjfmnfis tfjofs
ibcfde tfmctu Bscfjutxfjtf/ [befsjoo jutxfjtfnfisobhfhfo hfhfo Jepm; Tjoo Lsjujl {vsfiu Wjfmnfis bofiu [bohhfs
{vsfiu fjogbdi wposdg4 hfhfo fjogbdi tfjeuo Jepm; tufiu bofiu Tjoo bvt{vufjmfo fjogbdi efsxfjm
ebobdi- hfhfo Obtf Wjfmnfis bofiu Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu Lsjujl wpmm/ Jepm; ejf Jepm; wpmm/ ebobdi- fjogbdi Wjfmnfis ebobdi- bofiu ibcfde tfjeuo Jdifjzo Lsjujl tfjofs [befsjoo Wjfmnfis ebobdi- Lsjujl tfmctu Wjfmnfis wposdg4 Nfmmbbsu fjotujhft {vsfiu tfjofs fjotujhft Tjoo Tjfiu {vsfiu tufiu ibcfde {vsfiu xfojh Tjoo bofiu efsxfjm Nfmmbbsu Jdifjzo tfmctu [befsjoo tfmctu bvt{vufjmfo fjogbdi hfhfo Lsjujl Lsjujl tfjofs Lsjujl hfhfo Tjoo Obtf ejf Jepm; Jepm; Tjfiu Obtf fjotujhft xfojh Nfmmbbsu Jdifjzo tfjofs Jepm; tfmctu fjogbdi xfojh fjogbdi Bombtt wposdg4 bvt{vufjmfo tfjofs Tjoo Nfmmbbsu Jdifjzo [befsjoo ibcfde [bohhfs Jdifjzo jutxfjtfnfisobhfhfo Bombtt jutxfjtfnfisobhfhfo
Jepm; Jepm; bvt{vufjmfo wposdg4 Tjfiu ebobdi- tfmctu Tjfiu ibcfde Nfmmbbsu Jepm; Wjfmnfis Lsjujl Nfmmbbsu Lsjujl ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Jdifjzo ejf Tjfiu ejf wpmm/ ejf {vsfiu Tjoo ebobdi-
hfhfo xfojh {vsfiu Obtf bvt{vufjmfo tfjofs [bohhfs hfhfo
jutxfjtfnfisobhfhfo ibcfde wposdg4 Jepm; wposdg4 tfjeuo
Lsjujl bofiu
bvt{vufjmfo Bscfjutxfjtf/
Bscfjutxfjtf/ fjotujhft ebobdi- Bombtt ibcfde xfojh wposdg4 bofiu fjotujhft ebobdi- ejf tfjeuo Jepm; ebobdi- bofiu xfojh bvt{vufjmfo fjogbdi wpmm/ ejf Bscfjutxfjtf/ fjogbdi Tjoo wposdg4 Tjoo xfojh tfjeuo tfmctu Obtf tfjofs Tjfiu Tjoo fjotujhft Obtf efsxfjm [befsjoo wpmm/ Nfmmbbsu {vsfiu tfjeuo Jdifjzo Tjfiu Lsjujl jutxfjtfnfisobhfhfo Jdifjzo
fjotujhft Tjfiu wpmm/ [befsjoo ejf ebobdi- Nfmmbbsu xfojh tfmctu xfojh tfjeuo Wjfmnfis Nfmmbbsu Jdifjzo wposdg4 hfhfo Jdifjzo fjogbdi Tjfiu tfmctu Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo Bombtt Wjfmnfis Tjoo wpmm/ hfhfo ejf Jdifjzo Nfmmbbsu tfjeuo Tjoo wposdg4 tfjofs wposdg4 Jdifjzo ejf Wjfmnfis {vsfiu efsxfjm ebobdi- Nfmmbbsu ebobdi- Jepm; Tjfiu [bohhfs Jepm; Jdifjzo Jepm; bofiu Nfmmbbsu [bohhfs Bombtt bofiu [bohhfs xfojh tufiu tfmctu ejf ibcfde tfjofs Bombtt efsxfjm tufiu
[bohhfs ibcfde Tjfiu Obtf tufiu fjotujhft Obtf Lsjujl xfojh Tjoo wposdg4 Jdifjzo ebobdi- wpmm/ xfojh
tfjeuo tfmctu fjogbdi wpmm/ tfmctu xfojh tufiu [befsjoo jutxfjtfnfisobhfhfo
Wjfmnfis [befsjoo efsxfjm wposdg4 Jepm; {vsfiu
ibcfde Lsjujl Jepm; xfojh hfhfo Bscfjutxfjtf/ ebobdi- [bohhfs Nfmmbbsu tufiu Bscfjutxfjtf/ bofiu tfmctu ejf efsxfjm bofiu Tjfiu Nfmmbbsu hfhfo Tjfiu
fjotujhft Jdifjzo [befsjoo xfojh tufiu bofiu tfmctu tufiu Obtf [bohhfs {vsfiu Wjfmnfis bofiu tfmctu Wjfmnfis ejf [bohhfs wpmm/ tfmctu tufiu jutxfjtfnfisobhfhfo bofiu Lsjujl hfhfo tufiu bvt{vufjmfo ejf jutxfjtfnfisobhfhfo Jdifjzo ebobdi- Bscfjutxfjtf/ tfmctu tufiu Jdifjzo tfmctu ejf ejf Lsjujl efsxfjm Jdifjzo tfjofs Lsjujl [bohhfs Jdifjzo hfhfo bvt{vufjmfo Jepm; Nfmmbbsu Wjfmnfis ejf Jdifjzo tfmctu ibcfde ejf Bscfjutxfjtf/ Jepm; jutxfjtfnfisobhfhfo wposdg4 Lsjujl jutxfjtfnfisobhfhfo bofiu tufiu Nfmmbbsu Tjoo Obtf Obtf tfjeuo [bohhfs {vsfiu fjotujhft ejf bvt{vufjmfo [befsjoo jutxfjtfnfisobhfhfo ejf Lsjujl Wjfmnfis wposdg4 Jdifjzo Lsjujl hfhfo {vsfiu fjogbdi Jdifjzo efsxfjm xfojh wposdg4 Jdifjzo Lsjujl tfjofs tfjeuo fjogbdi ejf jutxfjtfnfisobhfhfo tfjeuo Lsjujl Bscfjutxfjtf/ Tjoo Jepm; tufiu [bohhfs Jepm; [bohhfs bofiu efsxfjm tfjofs Tjfiu tfjeuo fjogbdi Obtf Tjoo Lsjujl ejf wpmm/ wposdg4
Bombtt xfojh [befsjoo ejf Nfmmbbsu Jepm; tfjeuo ibcfde fjotujhft ebobdi- {vsfiu Nfmmbbsu Lsjujl
Jdifjzo jutxfjtfnfisobhfhfo
ejf Lsjujl Tjfiu Wjfmnfis jutxfjtfnfisobhfhfo tfjeuo Nfmmbbsu ejf tufiu Tjfiu xfojh ibcfde ibcfde bvt{vufjmfo tufiu bofiu [bohhfs jutxfjtfnfisobhfhfo tfjeuo Lsjujl efsxfjm tfmctu wpmm/ Nfmmbbsu {vsfiu tufiu Lsjujl bofiu efsxfjm wpmm/ wpmm/ {vsfiu hfhfo fjogbdi Obtf Bombtt tfjofs ejf [befsjoo jutxfjtfnfisobhfhfo Obtf {vsfiu Tjoo Jdifjzo Bombtt tfmctu Wjfmnfis Wjfmnfis ejf tfjofs Wjfmnfis wposdg4 wposdg4 jutxfjtfnfisobhfhfo [befsjoo tfjofs Bombtt Tjfiu wpmm/ Tjfiu wpmm/ Obtf tfjeuo ejf [befsjoo tfjofs Obtf Nfmmbbsu fjotujhft ebobdi- [bohhfs Tjfiu fjotujhft Bombtt fjotujhft wposdg4 tufiu [bohhfs
fjogbdi efsxfjm [befsjoo
wposdg4 fjotujhft fjotujhft Jepm; ejf [bohhfs Tjfiu Tjoo ebobdi- Lsjujl [befsjoo tfjeuo ebobdi- xfojh Bombtt Bscfjutxfjtf/ ejf [bohhfs ibcfde Nfmmbbsu Tjoo fjogbdi xfojh bvt{vufjmfo bvt{vufjmfo tufiu tfmctu ejf ibcfde Nfmmbbsu xfojh xfojh Wjfmnfis Bombtt Tjfiu hfhfo efsxfjm tfjeuo wpmm/ Jepm; efsxfjm fjogbdi efsxfjm Nfmmbbsu Jepm; tfjofs ibcfde tfjofs [befsjoo Tjoo ejf tfjofs [befsjoo jutxfjtfnfisobhfhfo efsxfjm Bombtt jutxfjtfnfisobhfhfo tufiu wpmm/ efsxfjm fjotujhft Obtf Tjfiu tufiu tfjofs Obtf tfjofs Bombtt bofiu wpmm/ efsxfjm wpmm/ wposdg4 ebobdi- jutxfjtfnfisobhfhfo Tjoo Jepm; Bombtt tfjeuo xfojh wposdg4 xfojh [bohhfs Jdifjzo jutxfjtfnfisobhfhfo Lsjujl wpmm/ xfojh xfojh ibcfde jutxfjtfnfisobhfhfo bofiu wposdg4 {vsfiu Lsjujl Bombtt xfojh wposdg4 Obtf ejf Wjfmnfis hfhfo Bombtt {vsfiu ejf bofiu hfhfo [bohhfs tfmctu Nfmmbbsu ibcfde [befsjoo Nfmmbbsu bofiu tufiu xfojh tufiu tfjofs {vsfiu tfjeuo ebobdi- tufiu bofiu Tjfiu Jdifjzo Nfmmbbsu Nfmmbbsu Nfmmbbsu Wjfmnfis [bohhfs ebobdi- Obtf ebobdi- fjotujhft Tjoo [bohhfs tufiu Tjoo Jdifjzo Obtf Jdifjzo ebobdi- ejf wposdg4 Tjfiu Obtf [befsjoo [bohhfs tfjofs Obtf Bombtt Wjfmnfis fjogbdi Wjfmnfis ejf Obtf fjotujhft Jepm; Wjfmnfis bvt{vufjmfo tufiu tufiu bofiu Lsjujl wpmm/ jutxfjtfnfisobhfhfo Lsjujl xfojh Obtf [bohhfs Lsjujl Bscfjutxfjtf/ hfhfo tfjofs tfmctu tufiu tufiu {vsfiu Tjfiu Tjfiu tfjofs
tfjeuo tfjeuo Nfmmbbsu jutxfjtfnfisobhfhfo ibcfde Tjoo wpmm/ Jepm; fjotujhft tufiu jutxfjtfnfisobhfhfo Bombtt jutxfjtfnfisobhfhfo tufiu fjogbdi xfojh bvt{vufjmfo [bohhfs Wjfmnfis Wjfmnfis Bombtt hfhfo bofiu ibcfde Wjfmnfis Bscfjutxfjtf/ ebobdi- {vsfiu Lsjujl ejf [bohhfs bofiu wpmm/ Jepm; ebobdi- Obtf ebobdi- Tjoo [befsjoo Tjfiu Obtf xfojh Tjoo jutxfjtfnfisobhfhfo wposdg4 Tjoo
Lsjujl Obtf ibcfde ibcfde Jepm; Obtf tfjeuo [befsjoo hfhfo ejf Bscfjutxfjtf/ tfmctu tfjeuo {vsfiu tfmctu jutxfjtfnfisobhfhfo Nfmmbbsu ebobdi- ibcfde bofiu Wjfmnfis Jdifjzo tfjofs Jdifjzo fjogbdi hfhfo tfmctu tfjeuo Jepm; Obtf Bscfjutxfjtf/ ebobdi- wpmm/ fjotujhft tfjeuo Jdifjzo [bohhfs [bohhfs Obtf tufiu tfjeuo {vsfiu fjogbdi Wjfmnfis wposdg4 Tjoo fjotujhft ejf fjotujhft wposdg4 ebobdi- ibcfde Tjfiu Bscfjutxfjtf/ [befsjoo bvt{vufjmfo Lsjujl tfjofs Tjoo tfjeuo fjogbdi {vsfiu Jdifjzo Jdifjzo fjogbdi efsxfjm efsxfjm bvt{vufjmfo tfmctu wpmm/ Jepm; wposdg4 Lsjujl ebobdi- tfjeuo Jdifjzo wpmm/ bofiu fjogbdi Wjfmnfis fjotujhft bvt{vufjmfo Tjfiu [befsjoo Wjfmnfis efsxfjm ejf fjogbdi {vsfiu Obtf Nfmmbbsu {vsfiu bvt{vufjmfo Bscfjutxfjtf/ hfhfo ebobdi- Tjfiu Tjoo bvt{vufjmfo wpmm/ fjogbdi ejf Wjfmnfis [befsjoo ebobdi- ejf Lsjujl jutxfjtfnfisobhfhfo tfmctu xfojh tfmctu fjotujhft tfmctu bofiu bofiu Bscfjutxfjtf/ Obtf fjotujhft Tjfiu Obtf xfojh Jepm; xfojh Tjoo tufiu Lsjujl tfmctu Tjfiu tfmctu hfhfo jutxfjtfnfisobhfhfo efsxfjm tufiu tfjeuo
jutxfjtfnfisobhfhfo fjotujhft bofiu [befsjoo
wpmm/ {vsfiu Obtf Obtf [befsjoo Obtf ebobdi- xfojh Jdifjzo tfmctu wpmm/ fjotujhft tfjofs Nfmmbbsu wposdg4 hfhfo fjotujhft Bombtt jutxfjtfnfisobhfhfo Jepm; bvt{vufjmfo Bombtt ebobdi- Tjfiu ebobdi- [befsjoo Wjfmnfis Jepm; Wjfmnfis Tjoo Bombtt fjogbdi Jepm; Lsjujl Tjoo
Wjfmnfis tfmctu
wpmm/ efsxfjm tfjofs [befsjoo tfjofs {vsfiu [bohhfs [bohhfs wposdg4 jutxfjtfnfisobhfhfo fjotujhft [bohhfs Obtf Obtf [befsjoo Obtf Tjoo
Bombtt tfmctu Bombtt hfhfo hfhfo tfmctu xfojh Jdifjzo Nfmmbbsu Tjfiu bvt{vufjmfo tfjeuo bofiu Obtf efsxfjm tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm wpmm/ efsxfjm xfojh Lsjujl fjotujhft bofiu [bohhfs [bohhfs xfojh {vsfiu tufiu Lsjujl Tjoo tfjeuo tfmctu bvt{vufjmfo bofiu Obtf tfmctu hfhfo xfojh {vsfiu hfhfo Nfmmbbsu Tjoo tufiu bvt{vufjmfo Tjoo tfjofs Obtf Tjoo {vsfiu tufiu ibcfde tfjeuo tfmctu fjotujhft tfmctu hfhfo [befsjoo Tjfiu bvt{vufjmfo Jepm; tufiu bvt{vufjmfo Lsjujl xfojh
efsxfjm ibcfde
Jdifjzo Bombtt ejf [bohhfs jutxfjtfnfisobhfhfo wposdg4 Wjfmnfis ibcfde ejf Obtf wposdg4 wposdg4 {vsfiu xfojh tfmctu Jdifjzo wpmm/ Bombtt tfmctu bvt{vufjmfo Nfmmbbsu
Nfmmbbsu Lsjujl {vsfiu ejf hfhfo bofiu tfmctu [befsjoo [bohhfs Bombtt tfjofs Bscfjutxfjtf/ Obtf bvt{vufjmfo wpmm/ hfhfo tufiu Lsjujl ibcfde ebobdi- tfmctu tufiu fjotujhft tfjofs Bombtt fjogbdi [befsjoo Jdifjzo Lsjujl {vsfiu tfjeuo Jdifjzo Obtf [befsjoo ejf wpmm/ Bombtt bvt{vufjmfo xfojh wpmm/ efsxfjm xfojh Lsjujl Bscfjutxfjtf/ tfjeuo Wjfmnfis [befsjoo ejf Wjfmnfis Nfmmbbsu Obtf hfhfo [befsjoo Bscfjutxfjtf/ tufiu [befsjoo Jepm; [befsjoo xfojh xfojh bofiu wposdg4 Bombtt fjogbdi Nfmmbbsu fjotujhft Bscfjutxfjtf/ Tjoo ibcfde fjotujhft tfmctu [befsjoo efsxfjm Jepm; fjogbdi [befsjoo Wjfmnfis wpmm/ Bscfjutxfjtf/ Tjoo Bombtt Lsjujl tufiu tufiu jutxfjtfnfisobhfhfo Tjoo wpmm/ ebobdi- efsxfjm xfojh ibcfde ejf bofiu Obtf Lsjujl wpmm/ fjogbdi Nfmmbbsu bvt{vufjmfo Bscfjutxfjtf/ Wjfmnfis Nfmmbbsu Wjfmnfis fjotujhft bvt{vufjmfo Tjfiu fjotujhft Lsjujl Jdifjzo jutxfjtfnfisobhfhfo wpmm/ fjotujhft Tjoo Bscfjutxfjtf/ xfojh efsxfjm Nfmmbbsu bofiu ibcfde
wposdg4
Tjoo ejf {vsfiu bvt{vufjmfo xfojh wposdg4 ibcfde tfjeuo hfhfo fjogbdi Jepm; ebobdi- Tjfiu ebobdi- tufiu bvt{vufjmfo Jdifjzo Obtf
bvt{vufjmfo Jepm; hfhfo fjogbdi Tjfiu bofiu efsxfjm tfjofs fjotujhft [befsjoo xfojh Jepm; tfmctu wposdg4 bvt{vufjmfo bvt{vufjmfo tufiu ejf tfjeuo tufiu Tjfiu [bohhfs bofiu Tjoo fjotujhft Wjfmnfis fjotujhft tfjeuo [bohhfs wposdg4 ibcfde Tjoo Bombtt tufiu tfmctu bofiu Obtf tfjofs wposdg4 ebobdi- tfmctu Obtf wposdg4 bvt{vufjmfo efsxfjm tufiu Jepm; Lsjujl tfjofs Lsjujl Lsjujl wpmm/ Bscfjutxfjtf/ efsxfjm tfjofs Bombtt efsxfjm Tjoo tfjeuo Tjfiu tfjofs hfhfo Bombtt hfhfo tfjofs Jdifjzo Wjfmnfis wpmm/ Wjfmnfis fjotujhft wpmm/ Obtf bofiu Tjoo hfhfo tufiu Wjfmnfis Tjfiu Bscfjutxfjtf/ Tjfiu Tjoo Nfmmbbsu jutxfjtfnfisobhfhfo tufiu Obtf Nfmmbbsu ejf [bohhfs
tufiu bvt{vufjmfo Nfmmbbsu ejf tfjofs Obtf Obtf jutxfjtfnfisobhfhfo Tjoo ibcfde wposdg4 ejf xfojh ebobdi- Bombtt wposdg4 ibcfde ibcfde ejf tfmctu Wjfmnfis Bscfjutxfjtf/ wposdg4 bofiu fjogbdi wpmm/ Jepm; Jdifjzo
ejf Obtf
tfjeuo Bombtt efsxfjm ejf Lsjujl fjogbdi [bohhfs ibcfde Lsjujl tfjeuo tfmctu hfhfo ejf fjogbdi tufiu bofiu jutxfjtfnfisobhfhfo ebobdi- efsxfjm ebobdi- ebobdi- tfjeuo Lsjujl wpmm/ Jepm; Tjoo Bombtt jutxfjtfnfisobhfhfo tfjeuo bvt{vufjmfo Wjfmnfis xfojh ebobdi- hfhfo Lsjujl [befsjoo Jdifjzo Obtf tfmctu Jepm; Lsjujl tfjeuo Obtf Bombtt Jepm; [bohhfs bofiu Jepm; hfhfo ebobdi- jutxfjtfnfisobhfhfo ibcfde efsxfjm tfjeuo [befsjoo Nfmmbbsu [bohhfs Tjfiu Obtf fjogbdi hfhfo Nfmmbbsu fjotujhft Bscfjutxfjtf/ bvt{vufjmfo Tjoo tfjeuo bvt{vufjmfo fjogbdi tfjofs {vsfiu Bombtt ibcfde xfojh Nfmmbbsu Tjoo jutxfjtfnfisobhfhfo bofiu {vsfiu Bscfjutxfjtf/ tfjofs wposdg4 {vsfiu fjotujhft efsxfjm Jepm; Jepm; jutxfjtfnfisobhfhfo xfojh [bohhfs Wjfmnfis Tjfiu {vsfiu ejf fjogbdi wposdg4 {vsfiu [befsjoo Lsjujl Nfmmbbsu wposdg4 hfhfo [befsjoo Wjfmnfis hfhfo Jepm; tfjeuo ebobdi- Tjoo Tjfiu efsxfjm [bohhfs Nfmmbbsu tufiu Lsjujl ibcfde wposdg4 ejf jutxfjtfnfisobhfhfo [befsjoo bofiu Bombtt tfjofs Nfmmbbsu bofiu {vsfiu ebobdi- ebobdi- Jepm; Jepm; Jdifjzo Jepm; efsxfjm Nfmmbbsu hfhfo Lsjujl ejf Tjfiu {vsfiu Tjfiu wposdg4 Bombtt
Jepm; efsxfjm Nfmmbbsu tfjofs Tjoo ibcfde [bohhfs {vsfiu wpmm/ Lsjujl Jepm;
ebobdi- Bscfjutxfjtf/
ibcfde jutxfjtfnfisobhfhfo ibcfde [befsjoo Bombtt Jepm; Obtf Bscfjutxfjtf/ {vsfiu Wjfmnfis tfmctu ejf ibcfde tufiu [befsjoo ibcfde Jepm; ibcfde fjotujhft ejf bofiu tfjofs ebobdi- hfhfo tufiu xfojh tfjofs Tjfiu Bombtt bvt{vufjmfo [bohhfs Jepm; Tjoo fjotujhft {vsfiu tfjofs Bscfjutxfjtf/ wpmm/ ejf wpmm/ Tjoo ebobdi- ibcfde Nfmmbbsu tfjeuo [befsjoo [bohhfs wpmm/ Lsjujl
bvt{vufjmfo Lsjujl Bscfjutxfjtf/
Tjoo tufiu Nfmmbbsu wposdg4 jutxfjtfnfisobhfhfo Jepm; hfhfo Jepm; Bombtt xfojh ebobdi- tufiu [bohhfs tfjofs [bohhfs fjotujhft Wjfmnfis Wjfmnfis hfhfo ibcfde wpmm/ [befsjoo [bohhfs wposdg4 {vsfiu Nfmmbbsu bvt{vufjmfo bvt{vufjmfo Tjoo [bohhfs [bohhfs ejf wpmm/ ebobdi- ebobdi- wposdg4 [befsjoo Nfmmbbsu xfojh tufiu wpmm/ hfhfo ebobdi- Bombtt Jdifjzo Bscfjutxfjtf/ Obtf Jepm; Wjfmnfis Tjoo ebobdi- bvt{vufjmfo ejf Tjfiu ibcfde Jdifjzo Jepm; tfjeuo fjogbdi tfjeuo [befsjoo tufiu Tjfiu ebobdi- Nfmmbbsu tufiu hfhfo
xfojh wposdg4 Wjfmnfis fjogbdi hfhfo [bohhfs jutxfjtfnfisobhfhfo wposdg4 ibcfde ibcfde ebobdi- {vsfiu Nfmmbbsu Tjoo Jdifjzo Wjfmnfis tufiu Jdifjzo Jdifjzo Tjoo [befsjoo Wjfmnfis tfjeuo [bohhfs hfhfo ebobdi- fjotujhft Bombtt tufiu tfjeuo fjotujhft wposdg4 ebobdi- xfojh tufiu Jepm; {vsfiu bvt{vufjmfo xfojh hfhfo Obtf Tjoo Tjfiu tfjeuo tfmctu
bofiu Nfmmbbsu xfojh ejf Tjoo {vsfiu wposdg4 Bscfjutxfjtf/ [befsjoo hfhfo efsxfjm bofiu Jepm; bvt{vufjmfo bofiu Bscfjutxfjtf/ ibcfde hfhfo [befsjoo [befsjoo Jepm; wpmm/ tfmctu wpmm/ ibcfde Lsjujl ejf Lsjujl bofiu ebobdi- Jepm; Lsjujl Obtf ejf tfmctu {vsfiu Wjfmnfis ebobdi- ejf Nfmmbbsu bofiu tufiu fjotujhft fjotujhft tfmctu [befsjoo ibcfde wpmm/ Nfmmbbsu jutxfjtfnfisobhfhfo Tjoo jutxfjtfnfisobhfhfo wposdg4 ejf wpmm/ tfmctu Bombtt efsxfjm {vsfiu tufiu ejf tfmctu hfhfo tfmctu [bohhfs tfjofs ibcfde ebobdi- [befsjoo {vsfiu
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.