Loading ...
Loading ...
Loading ...
8VRGHOKRUQR
&yPRFRQILJXUDUHOKRUQRSDUDDVDUDODSDUULOOD
&LHUUHODSXHUWD6LHPSUHDVHDODSDUULOODFRQOD
SXHUWDFHUUDGD
&RORTXHODFDUQHRHOSHVFDGRVREUH
XQDUHMLOODSDUDDVDUHQXQDEDQGHMDSDUDDVDU
6LJDODVSRVLFLRQHVHQODSDUULOODVXJHULGDVHQOD
*XtDSDUDDVDUDODSDUULOOD
6LVXKRUQRHVWiFRQHFWDGRDYROWLRVORV
ILOHWHVSRFRFRFLGRVSXHGHQDVDUVHDODSDUULOOD
SUHFDOHQWDQGRODSDUULOOD\SRVLFLRQDQGRODSDUULOOD
GHOKRUQRHQXQDSRVLFLyQPiVDOWD
3UHVLRQHHOERWyQ%52,/+,/2XQDYH]SDUD
$VDUDODSDUULOOD+,$OWR
3DUDFDPELDUD$VDUDODSDUULOOD/2%DMR
SUHVLRQHHOERWyQ%52,/+,/2QXHYDPHQWH
3UHVLRQHHOERWyQ67$5721
&XDQGRHODVDGRDODSDUULOODHVWpWHUPLQDGR
SUHVLRQHHOERWyQ&/($52))
&LHUUHODSXHUWD6LHPSUHDVH
DODSDUULOODFRQODSXHUWDFHUUDGD
*XtDSDUDDVDUDODSDUULOOD
(OWDPDxRSHVRJURVRUWHPSHUDWXUD
LQLFLDO\VXSUHIHUHQFLDVREUHHOSXQWR
GHFRFFLyQGHORVDOLPHQWRVDIHFWDUiQ
ORVWLHPSRVGHFRFFLyQ(VWDJXtDHVWi
EDVDGDHQFDUQHVDWHPSHUDWXUDGH
UHIULJHUDGRU

(O'HSDUWDPHQWRGH$JULFXOWXUDGH
((88LQGLFDTXH´ODFDUQHDSRFR
FRFLGDHVSRSXODUSHURXVWHGGHEH
VDEHUTXHFRFLQDUODDVRODPHQWH
)VLJQLILFDTXHDOJXQRVRUJDQLVPRV
YHQHQRVRVSRGUtDQVREUHYLYLUµ
)XHQWH6DIH)RRG%RRN<RXU.LWFKHQ
*XLGH86'$5HY-XQLR
3UHFDOLHQWHODDVDGHUDGXUDQWHPLQXWRVSDUDPHMRUDUHOGHVHPSHxR
3XHGHXWLOL]DUVHHOSDSHODOXPLQLRSDUDDWUDSDU
GHUUDPHV
1XQFDFXEUDSRUFRPSOHWRXQDSDUULOODFRQSDSHO
DOXPLQLR(VWRREVWUXLUiODFLUFXODFLyQGHOFDORU\
REWHQGUiXQDVDGRGHILFLHQWH
3XHGHXWLOL]DUVHXQDSHTXHxDKRMDGHSDSHO
DOXPLQLRSDUDDWUDSDUGHUUDPHVFRORFiQGRODHQXQR
GHODVSDUULOODVLQIHULRUHVYDULDVSXOJDGDVSRUGHEDMR
GHODOLPHQWR
3DSHODOXPLQLR
$OLPHQWR
1LYHOGH
FRFFLyQ
7LSRR
JURVRU
%URLO
6HWWLQJ
3RVLFLyQGH
ODEDQGHMD
GHKRUQR
µ
3RVLFLyQ
GHOD
EDQGHMD
GHKRUQR

&RPHQWDULRV
&DUQHGH
UHV
-XJRVD
)
)LOHWHV²sGH
JURVRU
+,DOWD
' ( (VGLItFLOTXHILOHWHVGH
PHQRVGHsGHJURVRU
TXHGHQMXJRVRV6H
FRFLQDQSRUFRPSOHWR
DQWHVGHGRUDUVH3DUD
HYLWDUTXHODFDUQHVH
HQURVTXHFRUWHODJUDVDD
LQWHUYDORVGHs
(VSDFLHORVSDWWLHV
XQLIRUPHPHQWH+DVWD
SDWWLHVWDUGDQFHUFDGHO
PLVPRWLHPSR
$SXQWR
)
)LOHWHV²sD
sGHJURVRU
+,DOWD
' (
%LHQFRFLGD
)
)LOHWHV²sD
sGHJURVRU
3DWWLHVGH
FDUQHSLFDGD
µDµGH
JURVRU
+,DOWD
' (
3ROOR 3HFKXJDVLQ
KXHVR
+,DOWD
$ &
3HFKXJDFRQ
KXHVR
+,DOWD
$ & $VDUVREUHHOODGRGHOD
SLHOSULPHUR
)LOHWHVGH
SHVFDGR
*URVRUGHs
Ds
+,DOWD
& ' 0DQLSXOH\JLUHFRQPXFKR
FXLGDGR
/2
EDMD
& '
&KXOHWDV
GHFHUGR
%LHQFRFLGD
)
*URVRUGHs
+,DOWD
& ' 3DUDHYLWDUTXHODFDUQHVH
HQURVTXHFRUWHODJUDVD

Loading ...
Loading ...
Loading ...