3ODQRV3UR\HFWR6HJXULGDG


         1
   3/$1263$5$(/6838(672
      


6,78$&,Ï1(1(/(172512 g
 P
        
h

   

   +
 & %    *

 Ê Ê


 
  


- .

 ,
 
 $

P
 
  


 


   Ê

'  (
 







 Ê

 )
) 
Ê



Ã








$ )XQGDFLyQ0XVHR  + (GLILFLR7pFQLFR
% )RUPDFLyQ   , 3URGXFFLyQ
& &RPHGRU   - 3URGXFFLyQ 
' ,'    . 3URGXFFLyQ
( )LQDQFLHUR   
) 'LUHFFLyQ   
* 3URGXFWRDFDEDGR  

$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG



 g

$ 1


)81'$&,Ï1086(2





  

Î



6$/$
 
$/0$&e1          






 P
 
  6(59,&,26


  6$/$  

 6$/$ 


&$)(7(5,$



2),&,1$6



<7,(1'$


Ï











 (;326,&,21(6
7(0325$/(6



9(67,%8/2

Í


&212%5$6


(;38(67$6 P





   
 


          
6$/$'( 


  5(81,21(6
  6$/$'(&21)(5(1&,$6
 2),&,1$6
 P


 


 6(59,&,26






 


+(0(527(&$ $/0$&e1






Ï P



$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG





% (',),&,2'()250$&,Ï1
1

Ð


  


 


 $8/$ &$)(7(5Ë$

            
 


 
6(59,&,26 6$/$



'(
 P
 &21)(5(1&,$6



 $8/$ 
 




  2),&,1$6
 $8/$




 Ï P


& &20('25  1



  2),&,1$
 6(59,&,26 &2&,1$



 

            



 


 
$/0$&e1
ÍP
 &20('25$
  
 &20('25%




Ï



P








$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG









' (',),&,2'(,' 1

Ð







 /$%25$725,2 



 
 
'(63$&+2 '(63$&+2 '(63$&+2

 

$ % &




           
  

 
  /$%25$725,2
   &È0$5$'( P
 6(59,&,26 )5,2




  6$/$ 
 /$%25$725,2 5(81,21(6

 ,1*(1,(52
 -()(



 Ï
P




( (',),&,2),1$1&,(52  1


  6$/$5(81,21(6


6(59,&,26 $5&+,92
 


 


',5(&725


),1$1&,(52

           


 
   P
  2),&,1$'(55++ 

 '(63$&+2602'8/$5(6
Í
 
 2),&,1$'(),1$1&,(52 2),&,1$'(0$5.(7,1*






Ï
P





$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG












) (',),&,2'(',5(&&,Ï1  1




   
 '(63$&+2


 


35(6,'(17(
6(&5(7$5,$

           
',5(&&,Ï1

6$/$'(
 P


 5(81,21(6
 

Í
 ',5*(1(5$/


  


   

 6$/$'(-817$6
6(59, '(63$&+2'(63$&+2


&,26

Ï



P





 1
 * 1$9('(352'8&72$&$%$'2

  9(678$5,26


Í





*(1(5$'2 2),&,1$
(1(5*Ë$


(;3(',&,21(6





            



&È0$5$'()5,2  Í
 P


   Í


Í

  




Ï
P

$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG













+(',),&,27e&1,&2
1





  '(63$&+2
 6(59,&,26 2),&,1$ $5&+,92



  

            



 


  $/0$&e1
Í P
 /$%25$725,2


  
 (16$<26 0$17(1,0,(172'((48,326


Ï



P




 , 1$9('(352'8&&,Ï1  1



  
 
6$/$ 2),&,1$7e&1,&$
9(678$5,26 *(1(5$'25  

           
(1(5*Ë$

P



  
Í
  
 /$%25$725,2 /$%25$725,2



 
Í

 /$%25$725,2 /$%25$725,2



Ï



P



$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG












 - 1$9('(352'8&&,Ï1  1




  
6$/$ 2),&,1$7e&1,&$



9(678$5,26  


*(1(5$'25



(1(5*Ë$

            P
  
Í
   
/,1($52%27,=$'$ /,1($52%27,=$'$
 


Í

  
 /,1($52%27,=$'$ /,1($52%27,=$'$


Ï



P


 . 1$9('(352'8&&,Ï1  1



  



6$/$ 2),&,1$7e&1,&$

9(678$5,26 *(1(5$'25  

            P
 (1(5*Ë$


  
Í
  
 /,1($52%27,=$'$ /,1($52%27,=$'$




Í

  
 /,1($52%27,=$'$ /,1($52%27,=$'$


Ï



P


 /RVHGLILFLRVHVWiQSODVPDGRVWUDVXQDYLVLWDGHFDPSRHQODTXHHO'LUHFWRU
GH 6HJXULGDG KD WRPDGR UHIHUHQFLDV SURSRUFLRQDOHV SHUR QR D HVFDOD HQ ORV
FURTXLV TXH DTXt VH UHSUHVHQWDQ /DV PHGLGDV TXH DSDUHFHQ Vt VRQ FRUUHFWDV \
GHEHQVHUYLUSDUDFDOFXODUHODOFDQFHGHORVVLVWHPDVGHGHWHFFLyQ\ySWLFDV
$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG  

  3ODQRV3UR\HFWR6HJXULGDG
 Î /DVIOHFKDVLQGLFDQORVDFFHVRVGHSHUVRQDO\YHKtFXORV




'DGR TXH ODV LQVWDODFLRQHV KDQ VXIULGR XQD UHFLHQWH UHPRGHODFLyQ QR VH
FXHQWD FRQ FHQWUR GH FRQWURO GRQGH XELFDU HO FRQWURO GH DFFHVRV SRU OR TXH HO
'LUHFWRUGHVHJXULGDGGHEHUiGLVHxDUORHQVXWRWDOLGDG\SURSRQHUVXXELFDFLyQ



$GROIR*yPH]3ODQRV3UR\HFWR6HJXULGDG