You are on page 1of 25

,03$&7 YLHUQHVGHHQHURGH

,'GHFKDVLV 5XWD
%5b 5HSDUDFLQ%5'(&LJHDOFDPELR
0RWRUGHVPRQWDGR
0RGHOR ,GHQWLGDG

)HFKDGHSXEOLFDFLQ 1PRSHUDFLQ
MXHYHVGHGLFLHPEUHGH 

&LJHDOFDPELR

0RWRUGHVPRQWDGR

c1RWD'DGRTXHODVLOXVWUDFLRQHVGHODGRFXPHQWDFLQGHVHUYLFLRVHXWLOL]DQSDUDGLIHUHQWHVYDULDQWHVDOJXQRV
GHWDOOHVSXHGHQGLIHUHQFLDUVHGHODYHUVLQHQFXHVWLQ6LQHPEDUJRODLQIRUPDFLQEVLFDGHODVILJXUDVVLHPSUHHV
WRWDOPHQWHFRUUHFWD

+HUUDPLHQWDVHVSHFLDOHV

'HVPRQWDMH


([WUDHUXQSRFRGHOHQYROYHQWHODYDULOODGHPHGLFLQGHDFHLWH


9DFLDUHODFHLWHGHOPRWRU


4XLWDUORVWRUQLOORVGHOFUWHUGHDFHLWH


'HVPRQWDUHOFUWHUGHDFHLWH

c1RWD3URFHGHUFRQFXLGDGRSDUDQRGDDUODVVXSHUILFLHVGHFRQWDFWR


4XLWDUHOSDVDFDEOHVGHOFRQWDFWRGHOVHQVRUGHOQLYHOGHDFHLWH

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVPRQWDUHOWDPL]GHDFHLWH

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUHOWDSQMXQWRDOYRODQWH8WLOL]DUODKHUUDPLHQWDGHJLUR

+HUUDPLHQWDVHVSHFLDOHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVFDUJDUHOWHQVRUGHODFRUUHDFRORFDQGRXQDEURFDFXDQGRORVDJXMHURVHVWQSDUDOHORV4XLWDU
ODFRUUHD

'HVPRQWDUODSROHD4XLWDUORVWRUQLOORV\GHVPRQWDUHOGLVFRGHODGLUHFFLQ

3UHFDXFLQ
5LHVJRGHDSULVLRQDPLHQWR

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH



'HVPRQWDUODWDSDGHODERPEDGHDFHLWH


4XLWDUHOUHWQGHOFLJHDOGHODWDSDJROSHDQGRFXLGDGRVDPHQWHFRQXQPDUWLOOR\XQPDQGULO
GHVGHHOLQWHULRUGHODWDSDGHODERPEDGHDFHLWH

c1RWD3URFHGHUFRQFXLGDGRSDUDQRGDDUODVVXSHUILFLHVGHFRQWDFWR



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUHOWXERGHFRPEXVWLEOH  

c1RWD3URWHJHUODVFRQH[LRQHVFRQWUDVXFLHGDG7DSDUORVH[WUHPRVDELHUWRV


'HVPRQWDUHOWXERGHDOLPHQWDFLQ  


4XLWDUHOFDEOHDGR  $SDUWDUHOFDEOHDGRDXQODGR


'HVPRQWDUODERPEDGHDOLPHQWDFLQ  



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVPRQWDUHOVHQVRUGHOYRODQWH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVPRQWDUHOVHQVRUGHOUEROGHOHYDV



'HVPRQWDUHOWXERGHUHWRUQRGHFRPEXVWLEOH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUORVWRUQLOORVGHOYRODQWH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

&RORFDUGRVWRUQLOORVHQORVDJXMHURVURVFDGRVH[WHULRUHVGHOYRODQWH8WLOL]DUXQLGDGHV0[
FRQURVFDGHFRPRPQLPRPP(QURVFDUORVWRUQLOORVHQHOIRQGRGHIRUPDTXHHOYRODQWHVH
VXHOWHGHODGLUHFFLQ4XLWDUHOYRODQWH


'HVPRQWDUODUHJOHWDGHWHUPLQDOHVGHODFXELHUWDGHOYRODQWH



'HVPRQWDUODSURWHFFLQWUPLFDGHOPRWRUGHDUUDQTXH'HVPRQWDUHOPRWRUGHDUUDQTXH


*LUDUHOPRWRUr

+HUUDPLHQWDVHVSHFLDOHV


*LUDUHOFLJHDOFRQODKHUUDPLHQWDGHJLURKDVWDTXHHOSLVWQ\HOVHHQFXHQWUDHQHOSXQWR
PXHUWRVXSHULRU'HVPRQWDUORVVRPEUHUHWHVGHELHOD\ORVFDVTXLOORVGHFRMLQHWHGHOFLJHDO

c1RWD3URFHGHUFRQFXLGDGRSDUDQRGDDUORVVRPEUHUHWHVGHELHOD

+HUUDPLHQWDVHVSHFLDOHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH


'HVPRQWDUORVVRPEUHUHWHVGHFRMLQHWHVGHEDQFDGDSDUD\


*LUDUDGHUHFKDVHOFLJHDOGHYXHOWDYLVWRGHVGHODFXELHUWDGHOYRODQWHKDVWDTXHORV
SLVWRQHV\VHHQFXHQWUHQHQHOSXQWRPXHUWRVXSHULRU'HVPRQWDUORVVRPEUHUHWHVGHELHOD\
ORVFDVTXLOORVGHFRMLQHWHGHOFLJHDO'HVPRQWDUORVFRMLQHWHVD[LDOHV4XLWDUORVFRMLQHWHVGH
EDQFDGD\

+HUUDPLHQWDVHVSHFLDOHV


*LUDUDGHUHFKDVHOFLJHDOGHYXHOWDYLVWRGHVGHODFXELHUWDGHOYRODQWHKDVWDTXHORV
SLVWRQHV\VHHQFXHQWUHQHQHOSXQWRPXHUWRVXSHULRU'HVPRQWDUORVVRPEUHUHWHVGHELHOD\
ORVFDVTXLOORVGHFRMLQHWHGHOFLJHDO'HVPRQWDUORVFRMLQHWHVGHEDQFDGD\

+HUUDPLHQWDVHVSHFLDOHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUORVWRUQLOORVGHILMDFLQGHODFXELHUWDGHOYRODQWHHQHOPRWRU



'HVPRQWDUODFXELHUWDGHOYRODQWH

+HUUDPLHQWDVHVSHFLDOHV


)LMDUXQHVWURERGHHOHYDFLQHQODSRVLFLQGHFRMLQHWHGHFLJHDO\


'HVPRQWDUORVFDVTXLOORVGHFRMLQHWH/LPSLDUORVDVLHQWRVGHFRMLQHWH\SRVLFLRQDUORV
VHPLFRMLQHWHVHQORVDORMDPLHQWRVGHFRMLQHWHHQHOEORTXHGHFLOLQGURV/XEULFDUFRQDFHLWHGH
PRWRUODVVXSHUILFLHVGHFRMLQHWH

c1RWD/RVVHPLFRMLQHWHVQRVHGHEHQOXEULFDUHQVXSDUWHH[WHULRU

0RQWDMH


)LMDUXQHVWURERGHHOHYDFLQHQODSRVLFLQGHFRMLQHWHGHFLJHDO\0RQWDUHOFLJHDO
k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

&RPSUREDUTXHODPDUFDGHODPXHTXLOODGHFLJHDOTXHGHDOLQHDGDFRQODPDUFDGHOUEROGH
OHYDV



0RQWDUORVVRPEUHUHWHVGHFRMLQHWHGHEDQFDGDFRQFDVTXLOORVGHFRMLQHWHQXHYRV0RQWDUORV
FRMLQHWHVD[LDOHV$SUHWDUFRQHOSDULQGLFDGRHQ0RWRU&RPSUREDUTXHORVFRMLQHWHVVHSRVLFLRQDQ
FRUUHFWDPHQWH\TXHVHSXHGDJLUDUHOFLJHDO



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

$SOLFDUXQVHOODQWHKRPRORJDGRSRU9ROYRHQODVVXSHUILFLHVGHFRQWDFWRVHJQ0RWRU



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0RQWDUODFXELHUWDGHOYRODQWHFRQD\XGDGHODJXD\FXDWURWRUQLOORV0

+HUUDPLHQWDVHVSHFLDOHV



3RQHUORVWRUQLOORVUHVWDQWHV$SUHWDUFRQHOSDULQGLFDGRHQ0RWRU


0RQWDUFDVTXLOORVGHFRMLQHWHQXHYRVHQODVELHODV\/XEULFDUORVFRMLQHWHVFRQDFHLWHGHPRWRU
\PRQWDUORVVRPEUHUHWHVGHELHOD$SUHWDUFRQHOSDULQGLFDGRHQ0RWRU

c1RWD&RPSUREDUTXHWRGDVODVVXSHUILFLHVGHFRQWDFWRHVWQELHQOLPSLDV


*LUDUDGHUHFKDVHOFLJHDOGHYXHOWDYLVWRGHVGHODFXELHUWDGHOYRODQWHKDVWDTXHODVELHODV
GHORVSLVWRQHV\WRTXHQHOFLJHDO&RORFDUFDVTXLOORVGHFRMLQHWHQXHYRV/XEULFDUORV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

FRMLQHWHVFRQDFHLWHGHPRWRU\PRQWDUORVVRPEUHUHWHVGHELHOD$SUHWDUFRQHOSDULQGLFDGRHQ
0RWRU

c1RWD&RPSUREDUTXHWRGDVODVVXSHUILFLHVGHFRQWDFWRHVWQELHQOLPSLDV

+HUUDPLHQWDVHVSHFLDOHV


*LUDUDGHUHFKDVHOFLJHDOGHYXHOWDYLVWRGHVGHODFXELHUWDGHOYRODQWHKDVWDTXHODVELHODV
GHORVSLVWRQHV\WRTXHQHOFLJHDO&RORFDUFDVTXLOORVGHFRMLQHWHQXHYRV/XEULFDUORV
FRMLQHWHVFRQDFHLWHGHPRWRU\PRQWDUORVVRPEUHUHWHVGHELHOD$SUHWDUFRQHOSDULQGLFDGRHQ
0RWRU

c1RWD&RPSUREDUTXHWRGDVODVVXSHUILFLHVGHFRQWDFWRHVWQELHQOLPSLDV

+HUUDPLHQWDVHVSHFLDOHV


/LPSLDUODVVXSHUILFLHVGHFRQWDFWRGHOUHWQGHOFLJHDOHQHOFLJHDO\HQODFXELHUWDGHOYRODQWH
&RPSUREDUTXHODVVXSHUILFLHVHVWQOLPSLDVGHDFHLWH\JUDVD



/XEULFDUFRQDFHLWHGHPRWRUHOODELRGHOUHWQGHOFLJHDO0RQWDUXQUHWQGHFLJHDOQXHYR
XWLOL]DQGRODVKHUUDPLHQWDV\,QVHUWDUHOUHWQJROSHDQGRFRQFXLGDGR6DFDUOD

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

KHUUDPLHQWDGHOUHWQFRQFXLGDGRJLUQGROD

+HUUDPLHQWDVHVSHFLDOHV



0RQWDUHOPRWRUGHDUUDQTXH0RQWDUODSURWHFFLQWUPLFDGHOPRWRUGHDUUDQTXH


&RORFDUODUHJOHWDGHWHUPLQDOHVHQODFXELHUWDGHOYRODQWH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

&RORFDUHOVHQVRUGHOUEROGHOHYDVFRQXQQXHYRWRUQLOOR



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0RQWDUHOVHQVRUGHOYRODQWHFRQXQQXHYRWRUQLOOR



0RQWDUHOWXERGHUHWRUQRGHOFRPEXVWLEOH

c1RWD8VDUDUDQGHODVGHFREUHQXHYDV
k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH



0RQWDUODERPEDGHDOLPHQWDFLQ  8WLOL]DUXQDMXQWDQXHYDVLHVQHFHVDULR$SUHWDUFRQHOSDU
LQGLFDGRHQ0RWRU


&RORFDUHOFDEOHDGR  FRQDEUD]DGHUDVQXHYDV


0RQWDUHOWXERGHDOLPHQWDFLQ  FRQDUDQGHODVGHHPSDTXHQXHYDV$SUHWDUFRQHOSDULQGLFDGR
HQ0RWRU


0RQWDUHOWXERGHFRPEXVWLEOH  


/LPSLDUHYHQWXDOHVGHUUDPHVGHDFHLWH


/LPSLDUODVVXSHUILFLHVGHFRQWDFWRGHOEORTXHGHFLOLQGURV\ODFXELHUWDGHODERPEDGHDFHLWH

c1RWD&RPSUREDUTXHQRTXHGHQUHVWRVGHHOHPHQWRVGHVHOODGR


k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

$SOLFDUXQVHOODQWHKRPRORJDGRSRU9ROYRHQODVVXSHUILFLHVGHFRQWDFWRVHJQ0RWRU



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0RQWDUODWDSDQXHYDGHODERPEDGHDFHLWH$SUHWDUFRQHOSDULQGLFDGRHQ0RWRU(OLPLQDUHO
H[FHGHQWHGHVLOLFRQD



0RQWDUODSROHDGHODFRUUHDGHWUDQVPLVLQHQODGLUHFFLQ3RQHUORVWRUQLOORV\DSUHWDUORVDSDU
VHJQ0RWRU

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH



0RQWDUODFRUUHDGHWUDQVPLVLQ'HVFDUJDUHOWHQVRUGHFRUUHD\TXLWDUODEURFD&RQWURODUTXHOD
FRUUHDTXHGHELHQFRORFDGDHQWRGDVODVSROHDV



0RQWDUHOWDPL]GHDFHLWH

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

c1RWD8VDUXQDMXQWDQXHYD


0RQWDUHOSDVDFDEOHVGHFRQWDFWRGHOVHQVRUGHOQLYHOGHDFHLWH


4XLWDUORVUHVLGXRVGHODMXQWDGHVLOLFRQDHQHOFUWHUGHDFHLWH/LPSLDUODEULGDHQHOFUWHUGH
DFHLWH\HOEORTXHGHFLOLQGURV



$SOLFDUXQVHOODQWHKRPRORJDGRSRU9ROYRHQODVVXSHUILFLHVGHFRQWDFWRVHJQ0RWRU

c1RWD$VHJXUDUVHGHTXHORDVFDYLGDGHVHQHOFUWHUHVWQGHELGDPHQWHOOHQRVGHVHOODQWH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

)LMDUHOFUWHUGHDFHLWHFRQGRVWRUQLOORVHQHOFHQWURGHORVODGRVORQJLWXGLQDOHVGHOEORTXH


3RQHUORVWRUQLOORVUHVWDQWHV$SUHWDUDSDUVHJQODWDEODGHSDUHVGHDSULHWH0RWRU


3RQHUHOWDSQGHOYDFLDGRGHDFHLWH8VDUXQDDUDQGHODGHFREUHQXHYD$SUHWDUFRQHOSDU
LQGLFDGRHQ0RWRU

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV



You might also like