You are on page 1of 3



:,5(/(66&RPR+DJR/RV&iOFXORV

Â&DEOH
Â3RWHQFLDGHORVHTXLSRV
Â6HQVLELOLGDG
Â3HUGLGDGH3URSDJDFLyQ'LVWDQFLDV(QWUH$QWHQDV
Â$OWXUDGH$QWHQDV
Â&DOFXODUOD5HFHSFLyQGH6HxDO


&$%/(

(OWLSRGHFDEOHFRD[LDOHVXQRGHORVFRPSRQHQWHVPiVLPSRUWDQWHVSDUDUHDOL]DUHOPRQWDMH
5HFXHUGHTXHHOFDEOHGHEHUiUHFRUUHUODGLVWDQFLDTXHH[LVWDHQWUHVX3&\ODDQWHQD/RLGHDO
VHULDXELFDUOD3&GHVHUSRVLEOHORPiVSUy[LPRDVXDQWHQD'HQRVHUSRVLEOHWHQGUiTXH
UHFXUULUDXQDFDQWLGDGLPSRUWDQWHGHFDEOH

&XDQWRPiVODUJRVHDHOFDEOHFRD[LDOPD\RUVHUiODSpUGLGDGHVHxDO
(OFDEOHGHPHQRUSpUGLGDHVPiVJUXHVR\UtJLGRSHURWDPELpQPXFKRPiVFDUR
1RH[LVWHORQJLWXGPi[LPDSDUDHOFDEOHFRD[LDOSHURDPD\RUORQJLWXGPD\RUSpUGLGD

&$%/($7(18$&,21 HQ'ESRU0HWUR

5* GEP PX\FRP~QXVDGRSDUD(WKHUQHW
5* GEP QHJURJUDQGHPX\FRP~Q
$LUFHOO GEP
/05 GEP (OFDEOHLGHDO
$LUFRP GEP
/05 G%P


327(1&,$'(/26(48,326

/RVHTXLSRVWDQWRSODFDV$3\3&0&,$VXHOHQWHQHUHQJHQHUDOXQD3RWHQFLDGHVDOLGDGHGEP
H[LVWHQDSDUDWRVTXHWLHQHQPD\RUSRWHQFLDHLQFOXVRVHSXHGHQDGTXLULUDPSOLILFDGRUHV

Â&20:,5(/(66/$1$&&(6632,176 GEP *
1RWHQJRODHVSHFLILFDFLyQGHOUHVWRGHORVTXLSRV

Â'/LQN GEP $FFHVV3RLQW3ODFDV\%ULGJH*

Â(QFRUH(1/:,3&,17 GEP 3&,*

Â/,1.6<6:59* GEP 5RXWHU*


:57* GEP 5RXWHU*
:03$* GEP 3&,*
:$3 G%P $FFHVV3RLQW%

Â2ULQRFR GEP %

Â3UR[LP GEP %

Â7HOHWURQLFV(=%5,'*( GEP %ULGJH%

Â;WHUD\V3&L:LUHOHVVE GEP 3&,%


6(1&,%,/,'$'

6HJ~QHOHTXLSRTXHFRPSUHPRVODVHQVLELOLGDGGHUHFHSFLyQSXHGHYDULDUXQSRFRSHURFRPRODV
YDULDFLRQHVQRVRQGHPDVLDGRH[WUHPDVWRPDUHPRVXQWDEODSURPHGLR
/DVHQVLELOLGDGHVGLVWLQWDGHDFXHUGRDODYHORFLGDGGHWUDQVIHUHQFLD
Â3DUD0ESVG%P
Â3DUD0ESVG%P
Â3DUD0ESVG%P
Â3DUD0ESVG%P
Â3DUD0ESVG%P
Â3DUD0ESVG%P


3(5','$'(3523$*$&,21'LVWDQFLDV(QWUH$QWHQDV

&XDQWRPD\RUVHDODGLVWDQFLDHQWUHDQWHQDVREYLDPHQWHPD\RUVHUiODSpUGLGDGHVHxDO/D
GLVWDQFLDPi[LPDSXHGHYDULDUGHVGHYDULRVPHWURVKDVWDGHFHQDVRFLHQWRVGHNLOyPHWURV3RGHPRV
FDOFXODUODSpUGLGDGHVHxDOSRUSURSDJDFLyQHQWUHDQWHQDVFRQODVLJXLHQWHIyUPXOD

3S Â/RJ G

3S 3pUGLGDSRUSURSDJDFLyQHQG%

G GLVWDQFLDHQPHWURVHQWUHODVDQWHQDV


$/785$'($17(1$6

(VDOWDPHQWHUHFRPHQGDGRTXHKD\DXQDOtQHDGHYLVLyQGLUHFWDHQWUHODVDQWHQDV
$GHPiV'HEHH[LVWLUXQD]RQDGHGHVSHMHOLEUHGHREVWiFXORV OODPDGD)UHVQHO 
+DEUiTXHWHQHUXQDHVSHFLDOFRQVLGHUDFLyQHQHVWHIDFWRUVLGHVHDPRVREWHQHUXQHQODFHRSWLPR
1RUHVSHWDUHVWRVSDUiPHWURVGDUiXQDGLVPLQXFLyQFRQVLGHUDEOHHQHOQLYHOGHVHxDO

8QDHVFDODVLPSOHSDUDQRFRPSOLFDUWHFRQFiOFXORVVHULD
3DUDXQDGLVWDQFLDGH.P !GHEHQH[LVWLUPHWURVGHDOWXUDOLEUHVGHREVWiFXORV3DUD
.P !PWV.P !PWV.P !PWV.P !PWV.P !PWV
.P !PWV.P !PWV.P !PWV.P PWV.P !PWV
.P !PWV.P !PWV.P !PWV.P PWV.P PWV
.P !PWV.P !PWV.P !PWV.P PWV.P PWV
.P PWV\SDUD.P PWV


&DOFXODUOD5HFHSFLyQGHVHxDO

3DUDVDEHUVLWHQGUHPRVVHxDOGHUHFHSFLyQDSOLFDUHPRVODVLJXLHQWHIRUPXOD

1LYHO5HFHSFLRQ6HxDO 3RWHQFLD$*DQDFLD$QWHQD$3HUGLGD&RQFHWRUHV$3HUGLGD&DEOHV$
3HUGLGD3URSDJDFLRQ*DQDFLD$QWHQD%3HUGLGD&RQFHWRUHV%3HUGLGD&DEOHV%

4XHGDULDDVt
156 3D*DD3FRD3FDD3S*DE3FRE3FDE

3DUDVDEHUFXDQWRYDOH156 QLYHOGHUHFHSFLyQGHVHxDORVHQVLELOLGDG KDEUtDTXHYHUODWDEOD


XELFDGDHQHODSDUWDGR6(1&,%,/,'$''RQGHGLFKRYDORUYDUtDGHDFXHUGRDODYHORFLGDG

$HVWH9DORUVRORUHVWDSRUDJUHJDUOH VXPDUOH HOPDUJHQTXHLQFOX\HQORVGLVSRVLWLYRVGLFKR


PDUJHQVXHOHVHULJXDOD$XQTXHKDEUtDTXHFRQVLGHUDUTXHVLQXHVWURHQODFHHVWDH[SXHVWRD
FRQGLFLRQHVFOLPiWLFDVLQWHQVDVGHEHUtDPRVDVLJQDUOHFRPRPDUJHQXQYDORULJXDO
(QHQODFHVUHDOL]DGRVGHQWURGHODFXLGDGHOPDUJHQSDUDDJUHJDUOHDODVHQVLELOLGDGHVGH

2VHDTXH3DUDXQDFRQH[LyQGHPESVWHQHPRVXQDVHQVLELOLGDGGHTXHVXPiQGROHHOQRV
GDXQUHVXOWDGRLJXDOD !!!  

3DUDTXHHOHQODFHVHDRSWLPR(O9DORU156GHEHVHUPD\RUTXHODVHQVLELOLGDGPDUJHQ
5HFXHUGHTXHVHQVLELOLGDGPDUJHQQRGLR 

$KRUDYHDPRVXQ(MHPSOR
3D G%P 3RWHQFLD$
3FRD G% 3HUGLGD&RQHFWRU$
3FDD G% 3HUGLGD&DEOH$
*DD G%L *DQDQFLD$QWHQD$
3S G% 3HUGLGDGH3URSDJDFLyQFDOFXODGDSDUDNP
*DE G%L *DQDQFLD$QWHQD%
3FDE G% 3HUGLGD&DEOH%
3FRE G% 3HUGLGD&RQHFWRU%

1UV!G%P

/RPDVVLPSOHSDUDDSOLFDUODIRUPXODHVVXPDUWRGDVODVSHUGLGDVSRUXQODGR\OXHJRODV
JDQDQFLDVSRURWUR

*DQDQFLDV 3D*D$*D%
 

3HUGLGDV 3FRD3FD$333FD%3FR%
 

156  

156!6HQVLELOLGDG0DUJHQHVGHFLU G%!G%

&RPRSXHGHREVHUYDUVHHQHVWH(MHPSORHOHQODFHIXQFLRQDULDSHUIHFWDPHQWH\DTXH156HVPD\RU
TXHODVHQVLELOLGDGHOPDUJHQ


:,5(/(66&RPR+DJR/RV&iOFXORV

$XWRU-RUJH(VFXGHUR
0DLOHOOXIL#KRWPDLOFRP

-XQLRGH

You might also like