Loading ...
Loading ...
Loading ...
(OKRUQHDGRSRUFRQYHFFLyQHVLGHDOSDUDORJUDU
DOLPHQWRVFRQXQGRUDGRSDUHMRFRFLQDGRVHQ
EDQGHMDV~QLFDVRP~OWLSOHV6HOHFFLRQHURVWL]DGR
SRUFRQYHFFLyQSDUDFRFLQDUFRUWHVGHFDUQH
JUDQGHV\WLHUQRVVLQFXEULU
&XDQGRVHFRQILJXUDQHQ&219%$.(KRUQHDGR
SRUFRQYHFFLyQR&21952$67URVWL]DGRSRU
FRQYHFFLyQORVHOHPHQWRVSRUFRQYHFFLyQWUDVHURV
\HOYHQWLODGRUIXQFLRQDQFXDQGRHOKRUQRVH
HQFXHQWUDFDOHQWDQGR
*LUHHOVHOHFWRUGHPRGRGHOKRUQRD&219
%$.(KRUQHDGRSRUFRQYHFFLyQR&21952$67
URVWL]DGRSRUFRQYHFFLyQ
8WLOL]DQGRODSHULOODGHWHPSHUDWXUDFRQILJXUH
ODWHPSHUDWXUDGHVHDGDLQFUHPHQWDQGROD
WHPSHUDWXUDHQXQLGDGHVGH)GH)D
)
(OKRUQRFRPHQ]DUiDSUHFDOHQWDUVH/DSDQWDOOD
GHWHPSHUDWXUDFRPHQ]DUiHQ)\VHJXLUi
DOOtKDVWDTXHHOKRUQRVXSHUHGLFKDWHPSHUDWXUD
'HVGHHVHSXQWRODSDQWDOODPRVWUDUiOD
WHPSHUDWXUDDFWXDO
/DVOXFHVLQWHUQDVVHHQFHQGHUiQ\FRQWLQXDUiQ
HQFHQGLGDVKDVWDTXHVHDSDJXHHOKRUQR(O
YHQWLODGRUGHOKRUQRSRUFRQYHFFLyQVHHQFHQGHUi
GXUDQWHHOSUHFDOHQWDPLHQWR(OFRQWUROHPLWLUiXQ
SLWLGRFXDQGRHOKRUQR\DKD\DSUHFDOHQWDGR\ORV
DOLPHQWRVSXHGHQFRORFDUVHGHQWURGHOKRUQR
&XDQGRODFRFFLyQSRUFRQYHFFLyQKD\D
ILQDOL]DGRJLUHHOVHOHFWRUGHPRGRGHOKRUQR\
ODSHULOODGHWHPSHUDWXUDD2))DSDJDGR
127$6HHQFHQGHUiXQYHQWLODGRUGHUHIULJHUDFLyQ
SDUDHQIULDUODVSLH]DVLQWHUQDV(VWRHVQRUPDO\
HOYHQWLODGRUSXHGHFRQWLQXDUIXQFLRQDQGRD~Q
GHVSXpVGHDSDJDGRHOKRUQR
8WLOLFHODVRQGDGHWHPSHUDWXUDFXDQGRUHVXOWH
LPSRUWDQWHXQDWHPSHUDWXUDLQWHUQDSUHFLVD9HU
&yPRXVDUODVRQGD
&yPR
FRQILJXUDU
HOKRUQRSDUD
KRUQHDGRR
URVWL]DGRSRU
FRQYHFFLyQ
+RUQHDGRRURVWL]DGRSRUFRQYHFFLyQ
&RFLQDSURIHVLRQDOGHFRPEXVWLEOHGXDO
(OKRUQRWLHQHSRVLFLRQHVGHEDQGHMDV9HUOD
VHFFLyQ%DQGHMDVGHOKRUQRGHH[WHQVLyQWRWDO
SDUDFRQVXOWDUFyPRXVDUTXLWDU\UHHPSOD]DU
ODVEDQGHMDV
/DFRFLQDGHKRUQRGREOHFXHQWDFRQXQKRUQR
SHTXHxRFRQSRVLFLRQHVGHEDQGHMDV/DSRVLFLyQ
GHEDQGHMD&QRH[LVWHHQHOKRUQRSHTXHxR
&
'
%
$
(
6HOHFWRUGHPRGR
GHOKRUQRH[WHULRU
3HULOODGHWHPSHUDWXUD
GHOKRUQRLQWHULRU

+RUQRJUDQGH+RUQRSHTXHxR
7LSRGHDOLPHQWR 3RVLFLyQGH 3RVLFLyQGH
ODVEDQGHMDV ODVEDQGHMDV
0XIILQV\PDJGDOHQDV
EDQGHMDVP~OWLSOHV %' %'
*DOOHWDV
EDQGHMDVP~OWLSOHV $&( %'
$SHULWLYRFRQJHODGR & ³
$SHULWLYRFRQJHODGR
EDQGHMDVP~OWLSOHV $&( ³
5RVWL]DGR
FRUWHVGHFDUQHJUDQGHV $ %
3DYRR
SROORHQWHUR $ %
/DVSRVLFLRQHVGHHVWDQWHVVXJHULGDVGHEHQ
XWLOL]DUVHFRPRXQDJXtDJHQHUDO([SHULPHQWH
FRQHVWDVSRVLFLRQHVSDUDDOLPHQWRVHVSHFtILFRV\
SUHIHUHQFLDSHUVRQDO
Loading ...
Loading ...
Loading ...