Professional Documents
Culture Documents
Artistica Diseño Curricular Del Nivel Inicial 2019
Artistica Diseño Curricular Del Nivel Inicial 2019
&EVDBDJ O"SUTUJDB
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
-B &EVDBDJ¢O "SUTUJDB FT FOUFOEJEB DPNP VO DBNQP EF DPOPDJNJFOUP RVF JOUFSSFMBDJ¢OEPOEFFMDPOUFOJEPEFM%JTF P$VSSJDVMBSTFBCPSEBSJOUFHSBMNFOUF
QSPQPOFHFOFSBSTJUVBDJPOFTEFFOTF BO[BZEFBQSFOEJ[BKFEPOEFMPTOJ PTDPOT DPOTUJUVZOEPTF FO BQSFOEJ[BKF TJHOJƄDBUJWP RVF GPSNBS TVKFUPT BVU¢OPNPT Z
USVZFOFYQFSJFODJBTEFTEFFMWODVMPFJOUFSSFMBDJ¢ODPOFMFOUPSOPZDPOTVTTFNF SFƅFYJWPT DBQBDFT EF BQMJDBS FM DPOPDJNJFOUP DPOTUSVJEP 4F EFCF FOUPODFT
KBOUFT&TUPFTBTQPSMBQBSUJDVMBSJEBERVFUJFOFFMBSUFDPNPQSPDFTPEJONJDP
DPOTJEFSBS MB &EVDBDJ¢O "SUTUJDB DPNP QBSUF JOUFHSBM EF MPT QSPZFDUPT JOTUJUV
SFMBDJPOBMZTJUVBDJPOBMFYQFSJFODJBEFIBCFSTFOUJEP
DPOPDJEP
QSFTFODJBEPPDP DJPOBMFT
B ƄO EF GBDJMJUBS FM USBCBKP USBOTEJTDJQMJOBSJP
UBOUP FOUSF MFOHVBKFT
DPOTUSVJEPBMHP BSUTUJDPTDPNPEFFTUPTDPOPUSPTFTQBDJPTDVSSJDVMBSFT
%FTEFFMJOJDJPEFMBFTDPMBSJEBE
MBTFYQFSJFODJBTBSUTUJDBTBERVJFSFOWBMPS
&EVDBDJ O"SUTUJDB
FEVDBUJWPQBSBMPTOJ PTFOUBOUPQMBOUFFOVOBQSPCMFNUJDBBSFTPMWFSRVFHFOFSF 4FQSPQPOFFMUSBCBKPEFMPTDPOUFOJEPTBUFOEJFOEPBEPTHSBOEFTHSVQPTEFFKFT
SFTQVFTUBTJOOPWBEPSBT1BSBFMMP
FTJNQPSUBOUFQSPZFDUBSQSPDFTPTEFFOTF BO[B
ZBQSFOEJ[BKFTJOUFSSFMBDJPOBMFT
DPOBDUJWJEBEFT
FTUSBUFHJBTZBDDJPOFTRVFUFOHBO *OTUBODJBTSFMBDJPOBMFTEFBCPSEBKFEFMDPOUFOJEPTFDFOUSBOFOMPT
FODVFOUBMBTDBQBDJEBEFTRVFQVFEFOEFTBSSPMMBSTFBQBSUJSEFMBPSHBOJ[BDJ¢OEF EJGFSFOUFTSPMFTRVFFMTVKFUPQVFEFPDVQBSEFOUSPEFVOGFO¢NFOPDVMUVSBM
BT
EJDIPTQSPDFTPTDPOTUSVJEPTEFTEFFMNBSDPEFMBFEVDBDJ¢OBSUTUJDB DPNPFOFMDPOUFYUPFORVFEJDIPGFO¢NFOPBDPOUFDF/JOHVOBEFFTUBTJOTUBODJBT
"TJNJTNP
MPTOJ PTEFIPZFTUOFOSFMBDJ¢ODPOPUSPUJQPEFNFEJBDJPOFTDPO QVFEFEBSTFEFNBOFSBJOEFQFOEJFOUFMBQSPEVDDJ¢OFTUBUSBWFTBEBQPSMBJOUFS
FM FOUPSOP TPDJPBNCJFOUBM Z TPDJPWJODVMBS DPNP MP TPO MBT 5FDOPMPHBT EF MB QSFUBDJ¢OZWJDFWFSTB"TVWF[
BNCBTTVDFEFOFOVOUJFNQPZVOFTQBDJPEFUFSNJ
*OGPSNBDJ¢O Z MB $PNVOJDBDJ¢O 5*$
FO TVT GPSNBMJ[BDJPOFT BSUTUJDPEJHJUBMFT
OBEPT
FMFOUPSOP
RVFMBTDPOEJDJPOBZFTDPOEJDJPOBEPQPSBRVFMMBTEPT&TUBT
M¨EJDPDJFOUƄDBTZFOTVTFTUSVDUVSBDJPOFTDPNPMFOHVBKFTTPQPSUFTNVMUJNFEJB JOTUBODJBTSFQSFTFOUBODPODSFUBNFOUFNPEPTEFBCPSEBKFEFMDPOUFOJEPZTFSO
MFT 5BMFT NFEJBDJPOFT FTUO JOTFSUBT FO VO NBSDP FQJTUNJDP DPNQMFKP
RVF QVFTUBTFOKVFHPQPSFMEPDFOUFNFEJBOUFTVQMBOJƄDBDJ¢OZPQSPQVFTUBQFEB
SFRVJFSFEFMBDPOTUSVDDJ¢OEFFTUSBUFHJBTN¨MUJQMFTZEJWFSTBTQBSBMBTPQFSBUPSJBT H¢HJDB
BQBSUJSEFMBTBDUJWJEBEFTZTVTFDVFODJBDJ¢O
EFMBTFTUSBUFHJBTZMPTQSP
DPHOJUJWBT ZFDUPTRVFCVTRVFOEFTBSSPMMBSDBQBDJEBEFTBSUTUJDBTFOMPTOJ PTEFM/JWFM*OJDJBM
1PSMPUBOUP
ZUPNBOEPFODVFOUBMPBOUFSJPSNFOUFEJDIP
MBFEVDBDJ¢OBSUTUJDB %JDIBTJOTUBODJBTTPO
JNQMJDBDPOTUSVJSZEFTBSSPMMBSMBTDPNQFUFODJBTFTQFDƄDBTEFFTFDBNQPEFDPOP
DJNJFOUPRVFUJFOFQPSPCKFUPEFFTUVEJPFMBSUFDPNPQSPDFTPSFMBDJPOBMZTJUVBDJP -B QSPEVDDJ O WJODVMBEB B MB HFOFSBDJ¢O EFM QSPDFTPDSFBUJWP
FT EFDJS
BM
OBM
VO MFOHVBKF QSPQJP RVF FT TJNC¢MJDP Z VO NUPEP QBSUJDVMBS RVF FT JOUFS IBDFS
BMDPOTUSVJSPDPDPOTUSVJSVOBPCSB&TOFDFTBSJPUFOFSFODVFOUBRVFMB
TVCKFUJWPFJOUFSSFMBDJPOBM FYQFSJFODJBBSUTUJDBJOWPMVDSBVOBSFƅFYJ¢ORVFTFEBFOTJNVMUOFPDPOMBBDDJ¢O
TPCSFMPTNBUFSJBMFTZMBTQSPEVDDJPOFTDVMUVSBMFT
VOQFOTBSIBDJFOEPZVOIBDFS
6OBQSPQVFTUBQBSBQFOTBSFMBCPSEBKFEFMPTDPOUFOJEPTEFMB SFƅFYJWP DPODFQUPEFQSBYJT
-BJOUFSQSFUBDJ OSFMBDJPOBEBDPOMBSFDFQDJ¢OEFMQSPDFTPDSFBUJWP4FFO
&EVDBDJ O"SUTUJDBEFNBOFSBJOUFHSBM UJFOEFBRVBMSFDFQUPSDPNPBMHVJFORVFBDU¨BJOUFSTVCKFUJWBNFOUF
TJFOEPFO
UPODFTMBJOUFSQSFUBDJ¢OVOBBDDJ¢ODPODSFUBZFYQFSJFODJBM%FTEFFTUFMVHBS
TFIBDF
&O MB BDUVBMJEBE
MB DPOTUSVDDJ¢O EF TBCFSFT TF FGFDU¨B EFTEF N¨MUJQMFT EFMJOUSQSFUFVODPQBSUDJQFEFMQSPDFTPDSFBUJWP1VFEFOQPOFSTFFOKVFHPBRV
EJNFOTJPOFT RVF EFCFO FYJTUJS FO TJODSPOB Z FO WODVMP DPOTUBOUF &T FO FTUB FYQFSJFODJBTRVFUFOHBORVFWFSDPOMBFTDVDIB
MBPCTFSWBDJ¢O
MBBSHVNFOUBDJ¢O
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
FMBOMJTJT
MBEFEVDDJ¢O
FOUSFPUSBT DVMUVSBMFT
FMEJTDVSTPZMBPQJOJ¢O
TPOBMHVOPTEFMPTUFNBTRVFQPESBOUSBUBSTF
&MFOU
&MFOUPSOPSFƄFSFBMBDPOTUSVDDJ¢OEFTFOUJEPRVFUPNBFMQSPDFTPDSFBUJWP BRV
TJUVBEPFOVOBEJNFOTJ¢OIJTU¢SJDB DPOUFYUPIJTU¢SJDPZTPDJBM
&TUBFTMBJOTUBODJB $POTUSVDDJ OEFMBTVCKFUJWJEBECBKPFTUBDBUFHPSBSFDBFOMPTBCPSEBKFT
EPOEFTFWFDPONBZPSDMBSJEBEMBDBSBDUFSTUJDBSFMBDJPOBMRVFUJFOFFMBSUF-BT PSJFOUBEPTBMBFYQMPSBDJ¢OHFOFSBMEFMDVFSQPQFSTPOB1VFEFOJODMVJSTFBRVUFNBT
QPTJCJMJEBEFTEFPCTFSWBSZBOBMJ[BSQSPEVDDJPOFTBSUTUJDBTEFMQBTBEPZEFMQSF SFMBDJPOBEPTBMBJEFOUJEBE
MPTVCKFUJWP
MBTIJTUPSJBT DPONJO¨TDVMB
MPTWODVMPT
TFOUF
DPNQSFOEJFOEP TV FOUPSOP IJTU¢SJDPTPDJBM
SFTJHOJƄDB MPT QSPDFTPT EF MBTSFMBDJPOFT
FMHFTUP
FMDPNQPSUBNJFOUP
MPWJWFODJBM
FM0USP
MPTSPMFT
FOUSFPUSPT
FOTF BO[BZBQSFOEJ[BKF
&EVDBDJ O"SUTUJDB
&KFTFTUSVDUVSBEPSFTDBUFHPSBTRVFUPEPDPOPDJNJFOUPBSUTUJDPDPOUJFOF
NTBMMEFMMFOHVBKFDPOFMRVFFTUFNPTUSBCBKBOEP
RVFQFSNJUJSOFTUBCMFDFSMB 1SPEVDDJ O
DPOUJOVJEBEEFMB&EVDBDJ¢O"SUTUJDBEVSBOUFMBUSBZFDUPSJBFTDPMBSEFMPTOJ PT
SFTQPOEJFOEPBMBBMUFSOBODJBEFEJTDJQMJOBT
5JFNQP &TQBDJP
5FOJFOEPQSFTFOUFRVFFMBSUFFTVONPEPEFDPOPDFSFMNVOEPZEFPQFSBSTPCSFM
FTRVFTFQMBOUFBOMPTDVBUSPFKFTFTUSVDUVSBEPSFTRVFTFEFTDSJCFOBDPOUJOVBDJ¢O
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
$POUFOJEPTEFMnSFBEF&OTFBO[B&EVDBDJ O"SUTUJDB
$FODUDFLyQSUHOLPLQDUORVFRQWHQLGRVGHORVOHQJXDMHVGLVFLSOLQDVDUWtVWLFRVHVWiQRUJDQL]DGRVSRUEORTXHVDXQTXHHVWRQRLPSOLFDXQD
GLVWULEXFLyQWHPSRUDOVLQRXQDRUJDQL]DFLyQTXHGHEHGDUVHGHPDQHUDLQWHJUDGDHQODVSURSXHVWDVSHGDJyJLFDVGHOGRFHQWHHODERUDGDV
GHVGHHOUHFRQRFLPLHQWRGHH[SHULHQFLDV\VDEHUHVSUHYLRV
-FOHVBKF%JTDJQMJOB"35&47*46"-&4
#-026&&-&41"$*01-n45*$07*46"-
&EVDBDJ O"SUTUJDB
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&YQFSJNFOUBSMBSFQSFTFOUBDJ¢OEFMFTQBDJPFOFMQMBOP
3FQSFTFOUBDJ¢O
FOFMFTQBDJP 3FDPOPDFSDBSBDUFSTUJDBTEFMFTQBDJPSFQSFTFOUBEPMPDFSDBOPMPMFKBOP
MPHSBOEFMPQFRVF P
CJEJNFOTJPOBM &YQMPSBSNBUFSJBMFTZQSPDFEJNJFOUPTFOGVODJ¢OEFMTFOUJEPCVTDBEP
EJGF
SFODJBOEPQSPEVDDJPOFTFOMBCJEJNFOTJ¢OZFOFMFTQBDJPSFBM
&YQMPSBSZFYQFSJNFOUBSFMFTQBDJPZFMWPMVNFOFOTVTQSPEVDDJPOFTFOMBUSJEJNFOTJ¢O
3FQSFTFOUBDJ¢O
FOFMFTQBDJP &TUBCMFDFSSFMBDJPOFTFTQBDJBMFT
VUJMJ[BOEPFMWPMVNFO
NFEJBOUFMBSFQSFTFOUBDJ¢OZMBUSBOTGPSNBDJ¢OEFFTQBDJPTFYJTUFOUFT
USJEJNFOTJPOBM *EFOUJƄDBSDBSBDUFSTUJDBTEFMFTQBDJPZMPTWPM¨NFOFTZBQMJDBSMBTBTVT
QSPEVDDJPOFT
3FDPOPDFSFOTVFOUPSOPDPUJEJBOPBMHVOBTDPNQPTJDJPOFTZEFTDSJCJSTVTDBSBDUFSTUJDBT DFOUSBEBT
EFTDFOUSBEBT
FRVJMJCSBEBT
FUD
$PNQPTJDJ¢OFOFM
&OTBZBSEJGFSFOUFTDPNQPTJDJPOFT
FYQMPSBSTVTDBSBDUFSTUJDBTNBOJGFTUBOEPTVJOUFODJPOBMJEBE
FTQBDJPCJEJNFOTJPOBM
ZUSJEJNFOTJPOBM &YQMPSBSNBUFSJBMFTZQSPDFEJNJFOUPTZSFMBDJPOBSMPTFOMBDPOTUSVDDJ¢OEF
TFOUJEPT$PNQPOFSDPOGPSNBTZWPM¨NFOFTFOFMQMBOPZMBUSJEJNFOTJ¢O
*EFOUJƄDBSZDBSBDUFSJ[BSDPNQPTJDJPOFTTJNUSJDBTZBTJNUSJDBTFRVJMJCSBEBTZEFTFRVJMJCSBEBT
4JNFUSBZBTJNFUSB *ODPSQPSBSMPTDPODFQUPTBTVTQSPQJBTSFBMJ[BDJPOFT
&RVJMJCSJPZEFTFRVJMJCSJP
"SHVNFOUBSTVTEFDJTJPOFTFOMBDPNQPTJDJ¢OWJTVBM
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
#-026&&-&.&/504%&--&/(6"+&7*46"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
*EFOUJƄDBSEJWFSTPTUJQPTEFGPSNBTFOFMFOUPSOPDPUJEJBOP
SFDPOPDJFOEPEJGFSFOUFTTFOTBDJPOFTZTFOUJEPTRVFFTUBTHFOFSBO
&EVDBDJ O"SUTUJDB
-BGPSNB
$MBTJƄDBSZBHSVQBSGPSNBTFOEJGFSFOUFTDBUFHPSBTTFH¨OUBNB P
DPMPS
USBUBNJFOUP3FƅFYJPOBSBDFSDBEFMBTEFDJTJPOFTJOEJWJEVBMFTZHSVQBMFTFO
MBDPNQPTJDJ¢OWJTVBM
0CTFSWBSZBOBMJ[BSJNHFOFTEFEJGFSFOUFTQSPDFEFODJBTDPOFMƄOEFJEFOUJƄDBSTJNCPMJTNPTEFDPMPSZFTUFSFPUJQPT
&YQFSJNFOUBSMPTDPMPSFTQVSPTZTVTNF[DMBTDPOEJWFSTPTNBUFSJBMFTZQSPDFEJNJFOUPT
&MDPMPS
6UJMJ[BSDPMPSFTJOEFQFOEJFOUFNFOUFEFFTUFSFPUJQPTDVMUVSBMFT
SFDPOPDJFOEP
WBSJBCMFTRVFTFPCUJFOFOBQBSUJSEFMBTNF[DMBTZTVSFMBDJ¢OFOMBDPOT
USVDDJ¢OEFTFOUJEPT
&YQMPSBSFMFOUPSOPDPOMBWJTUBZDPOFMUBDUPQBSBJEFOUJƄDBSUFYUVSBT
0CTFSWBSFOMBTQSPEVDDJPOFTQSPQJBT
EFMPTDPNQB FSPTZEFEJWFSTPTBSUJTUBTFOMBVUJMJ[BDJ¢OEFUFYUVSBT
EBOEP
5FYUVSBTWJTVBMFT DVFOUBEFMBTEJGFSFOUFTTFOTBDJPOFTRVFQSPWPDBO
ZUDUJMFT
6UJMJ[BSMBTQPTJCJMJEBEFTTFOTPSJBMFTEFMBTUFYUVSBTFOSFMBDJ¢OBMBDPOT
USVDDJ¢OEFTFOUJEPTFOMBTQSPEVDDJPOFT
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
#-026&-"3&"-*;"$*/1-n45*$"
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&YQMPSBSMPTFMFNFOUPTEFMMFOHVBKFZTVPSHBOJ[BDJ¢OFOMBQSPEVDDJ¢OQMTUJDB
FYQFSJNFOUBOEPDPOEJGFSFOUFTNBUFSJBMFT
UBNB PT
TPQPSUFT
ZQSPDFEJNJFOUPT
&EVDBDJ O"SUTUJDB
-BQSPEVDDJ¢O
QMTUJDPWJTVBM 3FQSFTFOUBSGPSNBTZFYQMPSBSTVTDBSBDUFSTUJDBTJOEBHBOEPEJGFSFOUFTSFDVSTPT UJQPTEFMOFBT
UFYUVSBT
DPMPS
1SPDFEJNJFOUPT $POPDFSQSPEVDDJPOFTQMTUJDPWJTVBMFTEFBSUJTUBTRVFIBOUSBCBKBEPMBNJTNBUFNUJDB
DPNQPTJUJWPTEF
MPTFMFNFOUPT 5PNBSEFDJTJPOFTZQSPQPOFSQPTJCMFTQMBOFTEFBDDJ¢OQBSBMBQSPEVDDJ¢OQMTUJDPWJTVBM
QMTUJDPWJTVBMFT
&MBCPSBSVOQSPEVDUPWJTVBMRVFEDVFOUBEFMBBQMJDBDJ¢OEFTBCFSFTBQSFOEJEPT
0CTFSWBSQSPEVDDJPOFTFOEJGFSFOUFTFTQBDJPTZDPOUFYUPT1SPQPOFSQPTJCJMJEBEFTEFNPOUBKF
SFDPOPDJFOEPEJGFSFOUFTPQDJPOFT
-BQSPEVDDJ¢O 3FVUJMJ[BSFTQBDJPTFOGVODJ¢OEFMBFYQPTJDJ¢OEFQSPEVDDJPOFTQMTUJDPWJTVBMFT
QMTUJDPWJTVBMFO
FMFOUPSOP &YQFSJNFOUBSQPTJCJMJEBEFTEFBSNBEPZEJTUSJCVDJ¢OEFMBTQSPEVDDJPOFT
BUFOEJFOEPBMSFDPSSJEPEFMFTQFDUBEPS
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
-FOHVBKF%JTDJQMJOB&913&4*/$03103"-
#-026&-04&-&.&/504%&--&/(6"+&$03103"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&YQMPSBS
FYQFSJNFOUBSZSFDPOPDFSNPWJNJFOUPTHMPCBMFTZGPDBMJ[BEPT
JOUFSBDUVBOEPDPOTVTDPNQB FSPTZSFTQFUBOEPMBTQPTJCJMJEBEFTZ
&EVDBDJ O"SUTUJDB
DBSBDUFSTUJDBTEFDBEBDVFSQP
&MNPWJNJFOUPHMPCBMZ
FMNPWJNJFOUPGPDBMJ[BEP *NJUBSNPWJNJFOUPTZQPTJDJPOFT
-BTBSUJDVMBDJPOFT
-PHSBSDPOEVDJSBPUSBTQFSTPOBTZTFSHVJBEP0CTFSWBSFJOUFSQSFUBSQSP
EVDDJPOFTEFPUSPTZEJGFSFODJBSMPTNPWJNJFOUPTHMPCBMFTPGPDBMJ[BEPT
&YQFSJNFOUBSDPOTVDVFSQPEJGFSFOUFTNBOFSBTEFBMJOFBSZEFTBMJOFBS
JOUFSBDUVBOEPEFTEFFMNPWJNJFOUPZFMDVFSQPDPOUPEPTTVTDPNQB FSPT
-BBMJOFBDJ¢O ZSFTQFUBOEPMBTQBSUJDVMBSJEBEFTEFDBEBDVFSQP
DPSQPSBM
MBSFMBDJ¢O *NQSPWJTBSDPOPUSPTJNJUBOEP
DPOEVDJFOEP
TJFOEPHVJBEPEFTEFFMNPWJNJFOUPZFORVJFUVE
DBCF[BDVFMMPDPMVNOB
3FƅFYJPOBSBDFSDBEFMBTEJGFSFOUFTNBOFSBTEFBMJOFBSFMDVFSQPFOGVODJ¢O
EFTVVUJMJEBEZMBJOUFODJPOBMJEBEQPUJDB
&YQMPSBSDPOPUSPTZFYQFSJNFOUBSFOEJGFSFOUFTFTQBDJPTEFMFOUPSOPDFSDBOP
FOOVFWPTFTQBDJPTZFOFTQBDJPTJNBHJOBSJPT
&MNPWJNJFOUP *OUFSBDUVBSEFTEFMBJNQSPWJTBDJ¢O
QSPQPOJFOEPSFTQVFTUBTEFNPWJNJFOUPFOFMUSBCBKPDPOPUSPT
ZFMFTQBDJP
*EFOUJƄDBSFMFNFOUPTFTQBDJBMFT MOFBTDVSWBTPSFDUBT
GPSNBT
QVOUPT
Z
OPDJPOFTFTQBDJBMFT DFSDB
MFKPT
BSSJCB
BCBKP
&YQMPSBSZSFDPOPDFSNPWJNJFOUPTDPOEJGFSFOUFTWFMPDJEBEFT
&MNPWJNJFOUP &YQFSJNFOUBSDPOMPTQBSNFUSPTUFNQPSBMFT
UPNBOEPDPODJFODJBEFTVTEJGFSFODJBT
ZFMUJFNQP
-PHSBSNPWJNJFOUPTTJNVMUOFPTZBMUFSOBEPTFOFMQSPQJPDVFSQPZFOMBJOUF
SBDDJ¢ODPOPUSPT
QSPQPOJFOEPJNQSPWJTBDJPOFTTFODJMMBT
&YQMPSBSZFYQFSJNFOUBSEFTEFFMNPWJNJFOUPDPON¨TJDB
&MNPWJNJFOUP
1SPQPOFSJNQSPWJTBDJPOFTBQBSUJSEFMDBSDUFS
MBGPSNBZFMSJUNPEFEJGFSFOUFTNVTJDBMJ[BDJPOFT
ZMBN¨TJDB
3FDPOPDFSBMHVOBTDPOTUBOUFTSUNJDBTDPOFMDVFSQPZFMNPWJNJFOUP
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
#-026&-"03("/*;"$*/%&-04&-&.&/504%&--&/(6"+&$03103"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
$PNCJOBDJ¢OEFUJFNQP
*OUFSQSFUBSNPWJNJFOUPTDPUJEJBOPTZSFBMJ[BSNPEJƄDBDJPOFTFOFMNPEPEFIBDFSMPT
FTQBDJP
QFTP
ƅVKP
&EVDBDJ O"SUTUJDB
-PHSBSBNQMJUVEZEJWFSTJEBEFOMPTNPWJNJFOUPT
FOFSHUJDPZTVTQBSFT
EFPQVFTUPT -PHSBSNBUJDFTFOMBNBOFSBEFNPWFSTF
&OUFOEFSDPOTJHOBTEFJOUFSBDDJ¢ODPOPUSPT
'PSNBTEFJOUFSBDDJ¢O
BQBSUJSEFMNPWJNJFOUP 6UJMJ[BSMBJNJUBDJ¢O
MBPQPTJDJ¢OZMBDPOEVDDJ¢OFOMBJOUFSBDDJ¢OFOQBSFKBTZHSVQPT
1SPEVDJSNPWJNJFOUPTBQBSUJSEFMBTEJGFSFOUFTGPSNBTEFJOUFSBDDJ¢O
&YQMPSBS
FYQFSJNFOUBSZQSPQPOFSSFTQVFTUBTDPSQPSBMFTBQBSUJSEFMBJOUFSBDDJ¢ODPOMPTPCKFUPT
-BJNQSPWJTBDJ¢OBQBSUJS
EFEJGFSFOUFTPCKFUPT
*OUFSQSFUBSZSFBMJ[BSDPOTJHOBTEFNPWJNJFOUPBQBSUJSEFJNHFOFT
UFYUPT
GSBHNFOUPTNVTJDBMFT
JNHFOFT
UFYUPT
GSBHNFOUPTNVTJDBMFT 0CTFSWBSZWBMPSBSQSPEVDDJPOFTEFMMFOHVBKFDPSQPSBMQSPWFOJFOUFTEFMFOUPSOP
DFSDBOPZEFMQSPGFTJPOBM
3FQSPEVDJSHFTUPTZBDDJPOFTEFTVFOUPSOPDFSDBOP
MPHSBOEPWBSJBDJPOFTFOFMNPEPEFIBDFSMPT
-BQFSDFQDJ¢OEFMPT
NPWJNJFOUPTZ 5PNBSHFTUPTDPUJEJBOPTDPNPFMFNFOUPTEFMMFOHVBKFDPSQPSBMZVUJMJ[BSMPTFOMBJNQSPWJTBDJ¢O
HFTUPTEFMFOUPSOP
6UJMJ[BSNPWJNJFOUPTZHFTUPTEFMFOUPSOPQBSBFMBSNBEPEFQFRVF PTFKFSDJDJPT
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
#-026&-"3&"-*;"$*/%&4%&&--&/(6"+&$03103"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
*NQSPWJTBSHSVQBMNFOUFBOUFTVTDPNQB FSPTFOUFOEJFOEPMBTJUVBDJ¢OFTDOJDBZSFTQFUBOEPMBTQSPEVDDJPOFTEFMPTPUSPT
$PNQPTJDJ¢OJOTUBOUOFB
&EVDBDJ O"SUTUJDB
MBJNQSPWJTBDJ¢ODPNP .PTUSBSJOEJWJEVBMNFOUFTVUSBCBKPEFTEFMBJNQSPWJTBDJ¢ODPNPVOIFDIPFTDOJDP
IFDIPFTDOJDP 0CTFSWBSFJOUFSQSFUBSQSPEVDDJPOFTEFTVTDPNQB FSPT
SFƅFYJPOBOEPFO
UPSOPBMPWJTUPZEFTDSJCJFOEPTVTDBSBDUFSTUJDBTQBSUJDVMBSFT
-BQSPEVDDJ¢OEFNPWJ &YQMPSBS
QSPEVDJSZHFOFSBSNPWJNJFOUPTBQBSUJSEFMBFYQFSJNFOUBDJ¢ODPOMPTDPNQPOFOUFTEFMMFOHVBKF
NJFOUPTBQBSUJSEFMB
JNJUBDJ¢O
USBOTGPSNBDJ¢O 6UJMJ[BSHFTUPTDPUJEJBOPTFOMBQSPEVDDJ¢OEFNPWJNJFOUPT
ZFYQFSJNFOUBDJ¢ODPOMPT
NBUFSJBMFTEFMMFOHVBKF 1SPQPOFSHFTUPTDPUJEJBOPTFOMBQSPEVDDJ¢OEFNPWJNJFOUPT
&YQMPSBSZQSPQPOFSJEFBTEFPSHBOJ[BDJ¢OEFMNBUFSJBMEFNPWJNJFOUP
&MEFTBSSPMMPEF
DPNQPTJDJPOFT .PTUSBSMBTQSPEVDDJPOFTHSVQBMFTBTVTDPNQB FSPT
EFNPWJNJFOUP
$POTFOTVBSFOQSPEVDDJPOFTHSVQBMFT
-BPCTFSWBDJ¢OEF 0CTFSWBSEJGFSFOUFTFYQSFTJPOFTEFMMFOHVBKFEFMBEBO[B
QSPEVDDJPOFTBSUTUJDBT 1BSUJDJQBSEFMBSFƅFYJ¢OHSVQBMFOUPSOPBMPPCTFSWBEP
EFTEFFMDVFSQP
ZFMNPWJNJFOUP -PHSBSSFDSFBDJPOFTHSVQBMFTEFTEFFMNPWJNJFOUPBQBSUJSEFMPPCTFSWBEP
-BPCTFSWBDJ¢OEF 0CTFSWBSMBSFMBDJ¢OFOUSFDPOUFYUPZQSPEVDDJPOFTQSPQVFTUBT
QSPEVDDJPOFTEF &OUFOEFSšFMBVMBŢDPNPDPOUFYUPEFMBTQSPEVDDJPOFT
EJGFSFOUFTDPOUFYUPT
EFQFSUFOFODJB %JTUJOHVJSEJGFSFOUFTDPOUFYUPTEFQSPEVDDJ¢OEFTEFFMNPWJNJFOUP
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
-FOHVBKF%JTDJQMJOB.4*$"
#-026&&-&.&/504%&--&/(6"+&.64*$"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&EVDBDJ O"SUTUJDB
&TDVDIBSTPOJEPTEFMFOUPSOPOBUVSBMPTPDJBMFJEFOUJƄDBSMPTQVEJFOEPEBSDVFOUBEFTVQSPDFEFODJB
7JWFODJBSNFEJBOUFMBFKFDVDJ¢OWPDBMZPJOTUSVNFOUBMEFTPOJEPT
MBQPTJCJMJEBEEFFWPDBSBMFOUPSOPTPDJBMPOBUVSBM
&MTPOJEPFOFMFOUPSOP EFOUSPEFDPOUFYUPTNVTJDBMFT
OBUVSBMZTPDJBM
1SPQPOFS
FODPOUFYUPTEPOEFTFQVFEFQSPQJDJBSMBEJWFSHFODJBEFPQJOJPOFT
MBVUJMJ[BDJ¢OEFGVFOUFTTPOPSBTRVFTFQBSF[DBOBTPOJEPTEFMFOUPSOP
TPDJBMPOBUVSBM
&TDVDIBSFJEFOUJƄDBSEJGFSFOUFTNPEPTEFQSPEVDDJ¢OEFMTPOJEPDPOMBWP[ZDPOFMDVFSQPDPNPGVFOUFTTPOPSBT
-BWP[ZFMDVFSQP
&YQMPSBSZFYQFSJNFOUBS
DPMFDUJWBFJOEJWJEVBMNFOUF
DPOTPOJEPTSFBMJ[BEPTDPOFMDVFSQPZDPOMBWP[
DPNPGVFOUFTTPOPSBT
*NQSPWJTBSVUJMJ[BOEPMBWP[ZFMDVFSQPDPNPGVFOUFTTPOPSBT
&TDVDIBSTPOJEPTFJEFOUJƄDBSTVTQBSNFUSPT
&MTPOJEPZTVT
QBSNFUSPT UJNCSF
1BSUJDJQBSFOFKFDVDJPOFTWPDBMFTZPJOTUSVNFOUBMFTFODPOUFYUPTNVTJDBMFTFOMPTDVBMFTTFSFBMJ[BOWBSJBDJPOFT
EVSBDJ¢O
BMUVSB JOUFODJPOBMFTEFTEFMBJOUFOTJEBE
MBBMUVSB
MBEVSBDJ¢OZFMUJNCSF
FJOUFOTJEBE
1SPQPOFSWBSJBDJPOFTEFQBSNFUSPTEFMTPOJEPFOFMDPOUFYUPEFMBTQSP
EVDDJPOFTNVTJDBMFTVMJDBT
&TDVDIBSZPCTFSWBSNBUFSJBMFTNVTJDBMFTTPCSFMBTGVFOUFTTPOPSBTZTVTDBSBDUFSTUJDBTHFOFSBMFTZQBSUJDVMBSFT
-BTGVFOUFTTPOPSBT
DPOWFODJPOBMFT *EFOUJƄDBSGVFOUFTTPOPSBTDPOWFODJPOBMFTZOPDPOWFODJPOBMFTFODPOUFYUPTNVTJDBMFT
JOTUSVNFOUPTNVTJDBMFT
ZOPDPOWFODJPOBMFT 1BSUJDJQBSFOFYQFSJFODJBTEFQSPEVDDJPOFTNVTJDBMFT
UPDBOEPJOTUSVNFOUPT
DPOEJGFSFOUFTQPTJCJMJEBEFTUNCSJDBTZEJGFSFOUFTNPEPTEFBDDJ¢O
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
#-026&-"03("/*;"$*/%&-04&-&.&/504%&--&/(6"+&.64*$"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
-BPSHBOJ[BDJ¢ONVTJDBM &TDVDIBSFJEFOUJƄDBSFOMBN¨TJDBMVHBSFTEFSFQFUJDJ¢OPDBNCJP
DPNPQBSUFTPNPNFOUPTEFFTUB
EFTEFMBGPSNB1BSUFTP
TFDDJPOFTEFMBN¨TJDB
&EVDBDJ O"SUTUJDB
&KFDVUBSWPDBMPJOTUSVNFOUBMNFOUFFKFNQMPTNVTJDBMFT
JEFOUJƄDBOEPFMFNFOUPTEFTVPSHBOJ[BDJ¢OGPSNBM
1SJNFSBTOPDJPOFTEF
SFQFUJDJ¢OZDBNCJPDPNP
HFOFSBEPSFTEFGPSNBFOMB 3FBMJ[BSQSPQVFTUBTEFTEFFMBSSFHMPNVTJDBM
EJTUJOHVJFOEPBMHVOBTQBSUFT
N¨TJDB"SUJDVMBDJ¢OGPSNBM GPSNBMFTEFMBDBODJ¢O
-BPSHBOJ[BDJ¢ONVTJDBM &TDVDIBSFJEFOUJƄDBSQMBOPTUFYUVSBMFTNTSFMFWBOUFTRVFPUSPT
EFTEFMBUFYUVSB QMBOPT
TPOPSPT
NPOPEJB
NFMPEB $BOUBSNFMPEBTDPOBDPNQB BNJFOUPPFOPUSBTSFMBDJPOFTEFQMBOPT
JEFOUJƄDBOEPFMFNFOUPTEFMBUFYUVSB
DPOBDPNQB BNJFOUP
ƄHVSBGPOEP
DBOPO
1SPQPOFSQFRVF PTBSSFHMPTNVTJDBMFTRVFSFƄFSFOBMBUFYUVSB
&TDVDIBSFKFNQMPTNVTJDBMFTGPDBMJ[BOEPMBBUFODJ¢OFOTVPSHBOJ[BDJ¢OEFTEFMBEVSBDJ¢O
-BPSHBOJ[BDJ¢ONVTJDBM &TDVDIBSFJEFOUJƄDBSFOGSBHNFOUPTNVTJDBMFTBTQFDUPTHFOFSBMFTSFGFSJEPTBMBEVSBDJ¢ODPNPDBNCJPTEFUFNQPT
EFTEFMBEVSBDJ¢O BMUBPCBKBEFOTJEBEDSPOPNUSJDB
SFQFUJDJPOFTEFQBUSPOFTSUNJDPT
FOUSFPUSPT
.FUSPZQVMTP5FNQP
&KFDVUBSWPDBMZPJOTUSVNFOUBMNFOUF
JEFOUJƄDBOEPFMFNFOUPTNVTJDBMFTSFGF
SFOUFTBMBTEVSBDJPOFT
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
#-026&3&"-*;"$*/.64*$"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&TDVDIBSNBUFSJBMFTTPOPSPTFOGPSNBUPEFBVEJPPFOWJWPFOMPTDVBMFTBQBSF[DBMBWP[ZTVTEJGFSFOUFTQPTJCJMJEBEFTTPOPSBT
-BWP[ZTVTQPTJCJMJEBEFT
&EVDBDJ O"SUTUJDB
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
-FOHVBKF%JTDJQMJOB5&"530
#-026&&-&.&/504%&--&/(6"+&5&"53"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&YQMPSBSZSFDPOPDFSMBTQPTJCJMJEBEFTEFMDVFSQPFOFMFTQBDJPMPHSBOEPEJTUBODJBSTFEFMBTGPSNBTEFNPWJNJFOUPTDPOWFODJPOBMFTFJODPSQPSBOEP
&EVDBDJ O"SUTUJDB
PUSPTRVFBNQMFOTVTQPTJCJMJEBEFTDPNVOJDBDJPOBMFT
3FBMJ[BSQSPQVFTUBTDSFBUJWBTEFNPWJNJFOUPFOFMFTQBDJPBQBSUJSEFTVSFDPSSJEPZSFDPOPDJNJFOUP
JOUFSBDUVBOEPDPO
&MDVFSQPZFMFTQBDJP MPTPUSPTZSFTQFUBOEPMBTQBSUJDVMBSJEBEFTEFDBEBVOP
&YQMPSBS
SFDPOPDFSZPUPSHBSDBSDUFSFYQSFTJWPBMPTNPWJNJFOUPTEFMQSPQJP
DVFSQP
QSPQPOJFOEPTFDVFODJBTRVFMPQPOHBOFOEJMPHPDPOMPTHFTUPT
$PNVOJDBSBUSBWTEFHFTUPTZFNJTJ¢OEFMBWP[TVTFNPDJPOFTZPTFOUJNJFOUPT
&MDVFSQP
MPTHFTUPT
ZMBWP[DPNP 4FMFDDJPOBSZVUJMJ[BSHFTUPT
NPWJNJFOUPTZPQBMBCSBTQBSBFOSJRVFDFSTVFYQSFTJ¢ODPNVOJDBDJPOBMDSFBOEPEJGFSFOUFTTFOUJEPT
SFDVSTPTFYQSFTJWPT $PNVOJDBSTFBQBSUJSEFMBNBOJGFTUBDJ¢OZEFTQMJFHVFEFFNPDJPOFTDPOHFTUPT
ZDPOQSPEVDDJPOFTTPOPSBT
VUJMJ[BOEPQBMBCSBTZGSBTFTDPOJOUFODJ¢OZOGBTJT
&YQMPSBS
EFTDVCSJSZFYQFSJNFOUBSDPOEJGFSFOUFTQFSTPOBKFTRVFMFTPOQSFTFOUBEPTBQBSUJSEFEJGFSFOUFTTPQPSUFT SF MBUPOBSSBEPMFEP
BVEJP
WJTVBM
KVFHPESBNUJDPDPOPCKFUPT
NV FDPT
UUFSFT
&TUSVDUVSBESBNUJDB %FTDSJCJSVOQFSTPOBKFDPO
BMNFOPT
EPTSBTHPTQBSUJDVMBSFTZQSPQPOFSTJUVBDJPOFTDPOƅJDUJWBTEFTEFEJGFSFOUFTSPMFT
1FSTPOBKFTZ3PMFT
$POƅJDUP 1BSUJDJQBSFOMBTESBNBUJ[BDJPOFTHVJBEBT
EFTEFFMQFSTPOBKFSPMBTJHOBEPP
FMFHJEP
WJODVMOEPTFDPOPUSPTQFSTPOBKFTTJOBCBOEPOBSFMQSPQJPEFOUSPEF
VOBBDDJ¢OFOKVFHPTESBNUJDPT
*OUFSBDUVBSDPOMPTPUSPTQBSUJDJQBOUFTBUSBWTEFMMFOHVBKFDPSQPSBMZPQBMBCSBTDPOTUSVZFOEPTJUVBDJPOFTESBNUJDBT
$PNCJOBDJ¢OEF
QFSTPOBKFT
BDDJ¢O 1SPQPOFSZHFOFSBSBDDJPOFTQBSUJDVMBSFTEFMPTQFSTPOBKFTZPSPMFT
QSPNPWJFOEPJOUFSBDDJPOFTQBSBJOJDJBSKVFHPTESBNUJDPT
ZQBMBCSBT $PNQSFOEFS
TPTUFOFSZFOSJRVFDFSQSPQVFTUBTEFBDDJPOFTOFDFTBSJBTQBSBRVF
FMKVFHPESBNUJDPTVDFEB
0CTFSWBSZEBSDVFOUBEFMPTFTQBDJPTRVFIBCJUB DBSBDUFSTUJDBT
EJNFOTJPOFT
PCKFUPT
FOUSFPUSPT
3FDPOPDFSEJTUSJCVDJ¢OFTQBDJBMZKFSBSRVJ[BS
MBNFKPSEJTQPOJCJMJEBEQBSBMBTBDDJPOFT&YQMPSBS
SFDPOPDFSZMPHSBSOPNCSBSMPTPCKFUPTDPUJEJBOPTZSFDPOPDFSTVVTP
&TQBDJPZPCKFUPT 1SPQPOFSZHFOFSBSBDDJPOFTQBSUJDVMBSFTEFMPTQFSTPOBKFTZPSPMFT
QSPNPWJFOEPJOUFSBDDJPOFTQBSBJOJDJBSKVFHPTESBNUJDPT
*NBHJOBSFTQBDJPTQPTJCMFT
VCJDBSTFZPSHBOJ[BSSFDPSSJEPTBQBSUJSEFQSPQVFTUBT
OBSSBUJWBT
SFDPOPDJFOEPFOMPTPCKFUPTTVTQPUFODJBMJEBEFTQBSBESBNBUJ[BDJPOFT
ZKVFHPTESBNUJDPT
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O
#-026&03("/*;"$*/5&"53"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
0SHBOJ[BSQSPQVFTUBTEFKVFHPESBNUJDPBTVNJFOEPSPMFT
FMJHJFOEPZVUJMJ[BOEPEJGFSFOUFTFMFNFOUPTQBSBDBSBDUFSJ[BSTF
&EVDBDJ O"SUTUJDB
*OUSQSFUFTZ 1SPQPOFSEJGFSFOUFTNPEPTEFVCJDBSFOFMFTQBDJPMBFTDFOBEFSFQSFTFOUBDJ¢OZBMPTFTQFDUBEPSFT
FTQFDUBEPSFT
&YQMPSBSZFYQFSJNFOUBSMBTQPTJCJMJEBEFTEFBSNBEPZEJTUSJCVDJ¢OEFMBT
UBSFBTQBSBMBDPOTUSVDDJ¢OEFQSPEVDDJPOFTESBNUJDBT
JODMVZFOEPFMSPM
EFMFTQFDUBEPS
%*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O &EVDBDJ¢O"SUTUJDB
#-026&130%6$$*/5&"53"-
5SBZFDUPSJBEFTEF IBDJB
$OLQLFLDUODV 'XUDQWHHOGHVDUUROORGH
$POUFOJEP H[SHULHQFLDV ODVH[SHULHQFLDV $O¿QDOL]DUODVH[SHULHQFLDV
&YQMPSBS
JEFOUJƄDBSZMPHSBSVCJDBSTFFOFMEFTBSSPMMPEFMFTQBDJPEFVOFEJƄDJPUFBUSBMFOMPTEJWFSTPTSPMFTJOUSQSFUFZFTQFDUBEPS
&EVDBDJ O"SUTUJDB
$POTUSVDDJ¢OEF 0CTFSWBSZEFTDSJCJSMBTDBSBDUFSTUJDBTEFMPTEJGFSFOUFTFTQBDJPTUFBUSBMFT
SFDPOPDJFOEPEJTUJOUBTNBOJGFTUBDJPOFT
MBTVCKFUJWJEBE BSUTUJDPDVMUVSBMFTDPNPFMFNFOUPTEFEJWFSTJEBEEFQSPEVDDJPOFT
*EFOUJEBEDVMUVSBM
1BSUJDJQBS
WJWFODJBSZEFTBSSPMMBSWBMPSBDJ¢OFTUUJDBBVU¢OPNBGSFOUFB
EJWFSTBTFYQSFTJPOFTBSUTUJDPDVMUVSBMFT
NBOJGFTUBOEPTVQPTJDJPOBNJFOUP
DPNPFTQFDUBEPS
3FDPOPDFSFMMNJUFEFMFTQBDJPRVFFONBSDBFMKVFHPESBNUJDPZEFTDSJCJSMPTFMFNFOUPTRVFDPNQPOFOFMFTQBDJPƄDDJPOBM
&TQBDJPJNBHJOBSJP
DSFBUJWJEBEZ 1SPQPOFSFTQBDJPTBMUFSOBUJWPTQBSBMBBDDJ¢OZSFBMJ[BSBDVFSEPTDPOTVTQBSFTQBSBJOUFSBDUVBS
QFOTBNJFOUPƅFYJCMF
1SPQPOFS
FOFMDPOUFYUPEFMBTQSPEVDDJPOFTFTDOJDBTVMJDBT
FTQBDJPT
JNBHJOBSJPTZWBSJBDJPOFTSFGFSFOUFTEFQBSNFUSPTEFOBSSBUJWBT
&EVDBDJ¢O"SUTUJDB %*4&0$633*$6-"31"3"-"&%6$"$*/*/*$*"-%JSFDDJ¢O(FOFSBMEF$VMUVSBZ&EVDBDJ¢O