Bemol Dia das Crianças 2011

Page 1

(10 2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

7DEOHW $SSOH ,SDG * * %5

*% '( 0(0Ð5,$ %/8(7227+

:, ),

&2035$ 3527(*,'$

5

352'872 $87È17,&2

*DUDQWLD GR IDEULFDQWH DQR 3URFHV $SSOH $ 'XDO&RUH 0 6LVW 2SHU $SSOH L26 0HP 5$0 0 7HOD /&' /(' ,36 &kP 3UL 6HF 0 9*$ $FHVVyULRV FDER 86% $FHVVyULRV FDUUHJDGRU %DWHULD XVR 6WE\ K K

*% '( 0(0Ð5,$

* *36

%/8(7227+

:, ),

&2035$ 3527(*,'$

5

*%

+' *%

$ YHQGD GD *DUDQWLD ([WUD %HPRO p H[FOXVLYD SDUD SHVVRD ItVLFD

$ 9LVWD 5 [ [ 5 VHP MXURV *DUDQWLD GR IDEULFDQWH DQR &RQH[}HV ZLUHOHVV ZL IL EOXHW /HLWRU &DUWmR 86% 8QLGDGH yWLFD JUDYDGRU &' '9' 'LIHUHQFLDO DXWRQRPLD DWp K &RQVXPR Pi[ .Z K : 6LVW 2SHU 0DF26 ; 6QRZ $12 5

WLD *DUDQ

$

(;75

$126 5

:(%&$0

&2035$ 3527(*,'$

5

3& +(/3 5

*% '( 0(0Ð5,$

* *36

%/8(7227+

:, ),

9(/2&,'$'(

9(/2&,'$'(

*%

*%

+' *%

+' *%

.*

.*

9(/2&,'$'(

1RWHERRN $SSOH 0DFERRN :KLWH 0& %=

352'872 $87È17,&2

03 $SSOH ,SRG 6KXIIOH 0& %= 35 2)

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR )RUPDWRV FRPSDWtYHLV 03 $$& /X] GH IXQGR &RQH[mR 86% $OLPHQWDomR EDWHULD UHFDUUHJiYHO $XWRQRPLD DSUR[LPDGD DWp K

1RWHERRN /* & * %* 3 37

$12 5

$

(;75

*+=

*%

$ 9LVWD 5 [ [ 5 VHP MXURV

WLD *DUDQ

9(/2&,'$'(

$ 9LVWD 5 [ [ 5 VHP MXURV *DUDQWLD GR IDEULFDQWH DQR &RQH[mR :L )L :LUHOHVV

8QLGDGH yWLFD JUDYDGRU &' '9' /HLWRU FDUWmR PHPyULD SRUWDV 86% %DWHULD 7LSR FpOXODV $XWRQRPLD GD EDWHULD $Wp K

5

1RWHERRN ,WDXWHF ,QIRZD\ : 37

&2035$ 3527(*,'$

5

&2035$ 3527(*,'$

*DUDQWLD GR IDEULFDQWH DQR 3URFHV $SSOH $ 'XDO&RUH 0 6LVW 2SHU $SSOH L26 0HP 5$0 0 7HOD /&' /(' ,36 &kP 3UL 6HF 0 9*$ $FHVVyULRV FDER 86% $FHVVyULRV FDUUHJDGRU %DWHULD 8VR 6WE\ K K

*+=

*+=

352'872 $87È17,&2

*+=

$ 9LVWD 5 [ [ 5 VHP MXURV

*DUDQWLD GR IDEULFDQWH DQR 0HP 5$0 ,QWHUQD 0 *% 7HOD /&' /(' ,36 &kP 3UL 6HF 0 9*$ $FHVVyULRV FDER 86% $FHVVyULRV FDUUHJDGRU %DWHULD 8VR 6WE\ K K 3URFHV $SSOH $ 'FRUH 0K] 6LVW 2SHU $SSOH ,RV

*%

352'872 $87È17,&2

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV 352'872 $87È17,&2

7DEOHW $SSOH ,SDG * * 37

&2035$ 3527(*,'$

$126 5

5

3& +(/3

*DUDQWLD GR IDEULFDQWH DQR &RQH[}HV :LUHOHVV :L )L %OXHWRWK /HLWRU &DUWmR 86% 8QLGDGH yWLFD JUDYDGRU '9' &' :HEFDP +'0, 0S[ 6: 3URGXWLYLGDGH RIILFH 6: DQWLYtUXV 9DOLGDGH 0LF 6( 'LIHUHQFLDO $Wp K &RQVXPR Pi[ .: K :

5

$12 5

DQWLD

*DU 75$

(;

$126 5

1RWHERRN 6RQ\ 9DLR +' *% 93&<% $% 3 52

.*

$ 9LVWD 5 [ [ 5 VHP MXURV &2035$ 3527(*,'$

5

3& +(/3 5

*DUDQWLD GR IDEULFDQWH DQRV &RQH[mR :L )L :LUHOHVV

/HLWRU FDUWmR PHPyULD 7HOD /(' 3URFHV $0' 'XDO &RUH ( SRUWDV 86% %DWHULD 7LSR ÌRQ GH /tWLR $XWRQRPLD GD EDWHULD $Wp K

)RWRV PHUDPHQWH LOXVWUDWLYDV

7DEOHW $SSOH ,SDG * :,), %5 2)

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$ 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

$ %(02/ (67É 1$6 5('(6 62&,$,6 #EHPRORQOLQH *XLWDUUD 3 3V 0XOWLODVHU 6 )LR -6

/RMDV %HPRO $ 3$57,5 '( $126

ZZZ EHPRO FRP EU 6,*$ 126 ( ),48( 325 '(1752 '( 126626 /$1d$0(1726 ( 35202d¯(6

.LW 9RODQWH 0D[SULQW 3 3V 5DFLQJ *DUDQWLD GR IDEULFDQWH DQR &RPSDWtYHO FRP 3OD\VWDWLRQ 9RODQWH FRP PDQRSOD HPERUUDFKDGD $ 9LVWD 5 [ [ 5 VHP MXURV %RW}HV / H 5 FXVWRPL]DGRV $QWLGHVOL]DQWH RX HQWUDGD 5 5RWDomR GH JUDXV [ 5 0RWRUHV LQWHUQRV SDUD Pi[LPD YLEUDomR 7RWDO D SUD]R 5

9tGHR *DPH 6RQ\ 3OD\VWDWLRQ 6&3+

$ 9LVWD 5 [ [ 5 VHP MXURV *DUDQWLD GR IDEULFDQWH DQR RX HQWUDGD 5 *rQHUR PDVFXOLQR )HPLQLQR [ 5 $OLPHQWDomR HQHUJLD 7RWDO D SUD]R 5 9ROWDJHP ELYROW DXWRPiWLFR

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 7HFQRORJLD VHP ILR $OFDQFH P $OoD DMXVWiYHO ,GHDO SDUD *XLWDU +HUR H 5RFN %DQG

*$5$17,$ '( 6$7,6)$d®2 35(),5$ $ 6(*85$1d$ '( 48(0 *$5$17( 2 48( 9(1'(


$ 3$57,5 '( $12 $ 3$57,5 '( $126

&DUUUR 6DUFRS &5 3RZHUIXOO &+7 &

$ 9LVWD 5 [ [ 5 VHP MXURV

0DWHULDO SOiVWLFR 3HUVRQDJHP ; VWHHO $FHVVyULRV

&DUUR 6DUFRS &5 *LURV &+7 &

&DUUR 6DUFRS 5& 7UDFN 5XQJHU 4;

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

0DWHULDO SOiVWLFR 3HUVRQDJHP 3RZHUIXOO $FHVVyULRV

0DWHULDO SOiVWLFR 3HUVRQDJHP )LDW $FHVVyULRV

0DWHULDO SOiVWLFR 3HUVRQDJHP UDQJHU $FHVVyULRV

0DWHULDO SOiVWLFR 3HUVRQDJHP *LURV $FHVVyULRV

&DUUR 6DUFRS ;6 5& 6SR : $ &+7

&DUUR 6DUFRS &5 )LDW & &

$ 3$57,5 $12

'( $ $126

%ULQTXHGR 0DJLF 7R\V &R]LQKD 0iJLFD 52

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

%DUXOKLQKR GH IHUYXUD %DUXOKLQKR GH IULWXUD $UPiULR SDUD JXDUGDU ORXoDV H XWHQVtOLRV 6RQV H /X]HV

$ 3$57,5 '( $126

%ULQTXHGR 2UHJRQ /DSWRS %% -5 (/3%- 1)

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 3$57,5 '( $126

%ULQTXHGR 2UHJRQ /DSWRS %% % 6PDUW (/3%6 1)

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 7LSR GH WHOD FULVWDO 3HUVRQDJHP %DUELH DWLYLGDGHV 6RP GLJLWDO 'HVOLJDPHQWR DXWRPiWLFR $OLPHQWDomR SLOKDV $$ $FHVVyULRV PRXVH

7LSR GH WHOD FULVWDO 3HUVRQDJHP %DUELH 1 GH DWLYLGDGHV 6RP GLJLWDO 'HVOLJDPHQWR DXWRPiWLFR $OLPHQWDomR SLOKDV $$

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 3$57,5 '( $126

0DWHULDO SOiVWLFR

$ 3$57,5 '( $126

$ 3$57,5 '( $126

%ULQTXHGR 2UHJRQ /DSWRS %% 6( (/3%% 1 )

%ULQTXHGR 2UHJRQ /DSWRS %% % %5, (/3+% 1)

%ULQTXHGR 2UHJRQ /DSWRS %DWPDQ (/321 1)

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

7LSR GH WHOD FULVWDO 3HUVRQDJHP %DWPDQ DWLYLGDGHV 6RP GLJLWDO )XQFLRQDPHQWR SLOKDV $$

*DUDQWLD GR IDEULFDQWH DQR 7LSR GH WHOD FULVWDO OtTXLGR 3HUVRQDJHP %DUELH 6RP GLJLWDO $OLPHQWDomR SLOKDV $$

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 7LSR GH WHOD FULVWDO OtTXLGR 3HUVRQDJHP %DUELH 6RP GLJLWDO $OLPHQWDomR SLOKDV $$ $FHVVyULRV

)RWRV PHUDPHQWH LOXVWUDWLYDV

&DUUR 6DUFRS &5 ÉXGLR .LQJ 4; /

%ULQTXHGR 0DJLF 7R\V *HODGHLUD 0DJ 63 52

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

$ 3$57,5 $126

$ 3$57,5 $12

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

'( $ $126

'( $ $126

0RWR 0DJLF 7R\V 0W 6SHHG $0

7ULFLFOR 0DJLF 7R\V 0HJ 52

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5 3HUVRQDJHP 0HJ 0RYLGR D SHGDO $VVHQWR DQDW{PLFR 0DWHULDO SOiVWLFR $FHVVyULRV KDVWH UHPRYtYHO

&DPLQKmR 0DJLF 7R\V 7UXFN 3HGDO 90 $ 3$57,5 '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO SOiVWLFR 3HUVRQDJHP 7UXFN

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DUFKDV IUHQWH H Up 9HORFLGDGH DSUR[ NP K 0RYLGR D EDWHULD VHODGD 9 $VVHQWR DQDW{PLFR 9RODQWH *XLGmR FRP EX]LQD $FHVVyULRV FDUUHJDGRU ELYROW

&$57®2 %(02/ &/,(17( %(02/ 7(0 %Ñ186 1$6 &2035$6


%/8 5$< 7R 'H )pULDV 5

%/8 5$< '9' 2 5HL /HmR 5

%/8 5$< '9' 2 5HL /HmR 5

%/8 5$< '9' 'LJLWDO %/8 5$< '9' 'LJLWDO &RS\ 2 5HL /HmR &RS\ 2 5HL /HmR ' 5 5

%/8 5$< 7KRU ' 5

&; %/8 5$<6 2 5HL /HmR 7ULORJLD 5

5HSURGXomR VRPHQWH HP DSDUHOKRV FRP WHFQRORJLD %OX 5D\

'9'V

/DQoDPHQWR GLD '9' &DVD 'H %ULQTXHGRV 5

'9' 2V 6PXUIV /Lo}HV 'H 0RUDO 5

'9' 3KLQHDV ( )HUE $WUDYpV '$ D ',0 5

&'V

'9' ;X[D 6y 3DUD %DL[LQKRV 5

'9' 3DWDWL 3DWDWi 2V *UDQGHV 6XFHVVRV 5

&; '9'6 3DWDWL 3DWDWi 5

'9' &RFRULFy ,JXDLV 1DV 'LIHUHQoDV 5

'9' :LQQLH 7KH 3RRK )LOPH 5

'9' 2V 3LQJ LQV 'H 0DGDJDVFDU 5

'9' 7KRU 5

'9' *DOLQKD 3LQWDGLQKD 5

'9' %DUELH (VFROD 'H 3ULQFHVDV 5

'9' 1; =HUR 0XOWLVKRZ $R 9LYR $QRV 5

&; '9'6 ;X[D 6y 3DUD %DL[LQKRV $ 5

&' &DQWLJDV 'H 5RGD 5

&' 2V 'HGLQKRV (OLDQD 5

&' &DVD 'H %ULQTXHGRV 5

&' 7UHP 'D $OHJULD 5

&' 'HL[D (X &DQWDU 0HX 6DPED 5

&' 'LVQH\ $GYHQWXUHV ,Q 6DPED 5

&' $OLQH %DUURV ( &LD 5

&' 1; =HUR 0XOWLVKRZ $R 9LYR $QRV 5

&' 3DGUH 0DUFHOR 5RVVL ÉJDSH 0XVLFDO 5

&' 'DQLHO 3UD 6HU )HOL] 5

&' ;X[D 6y 3DUD %DL[LQKRV 5

&' $GULDQD 3DWLPSLP 5

&' 7ULOKD 6RQRUD :LQQLH 7KH 3RRK 5

&' %ODFN $QG :KLWH $PHULFD 5

&' , P :LWK <RX &DUGERDUG 5

&' '9' ;X[D 6y 3DUD %DL[LQKRV 5

/,952 7RGR 0XQGR 3UHFLVD 'H 8P $PLJR 5

/,952 0LQKD 3ULPHLUD 0RFKLOD %URZQ :HOOV 5

/,952 0LQKD 3ULPHLUD )LWD 0pWULFD :HOOV %URZQ 5

3É*,1$6

3É*,1$6

3É*,1$6

3É*,1$6

/,952 *DUILHOG 7RQHODGDV 'H 'LYHUVmR -LP 'DYLV 5

3É*,1$6

/,9526

'9' *RUPLWL 5DL]HV 'R 0DO 5

/,952 4XH $FRQWHFH 4XDQGR )DOR &RP 'HXV 6WRUPLH 2PDUWLDQ 5

3É*,1$6

/,952 %RD 1RLWH 1Rp 0ROO\ 6FKDDU 5

/,952 2 3RGHU 'D &ULDQoD 4XH 2UD 6WRUPLH 2PDUWLDQ 5

3É*,1$6

3É*,1$6

/,952 5DQJR -XVWLQH ( 5RQ )RQWHV 5

/,952 3DQGD 1D &KLQD 5LQNN\ 6FKUHYHU 'H 5

3É*,1$6

3É*,1$6

/,952 'LQRVVDXURV &RP /XSD 5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

%/8 5$< 'HX $ /RXFD 1D %UDQFD 'H 1HYH 5

3RU

*$5$17,$ '( 6$7,6)$d®2 35(),5$ $ 6(*85$1d$ '( 48(0 *$5$17( 2 48( 9(1'(

)RWRV PHUDPHQWH LOXVWUDWLYDV

%/8 5$<

( QWUHWHQLPHQWR


/ LQKD %UDQFD /

FP

)ULJREDU (OHFWUROX[ 5( / %5

$ %(02/ (67É 1$6 5('(6 62&,$,6

6,*$ 126 ( ),48( 325 '(1752 '( 126626 /$1d$0(1726 ( 35202d¯(6

$12 5

U

WLD *DUDQ 75$

(;

6SOLW %WXV &RPSUHVVRU URWDWLYR &RQVXO &%9 &%< %%%1$ $FLRQDPHQWR HOHWU{QLFR 7LPHU $ 9LVWD 5 &RQWUROH UHPRWR FP [ [ 5 VHP MXURV *DELQHWH SOiVWLFR 2X [ [ 5 &LFOR GH DU IULR 7RWDO D SUD]R 5 6DtGD GR DU VXSHULRU

FP

&/$66( $ %$,;2 &216802 %786 '( (1(5*,$

9

FP

FP

G R )D E

FP

9

%786

$QRV

ZZZ EHPRO FRP EU

&DVHDGRU 3RQWR LQYLVtYHO 3RQWR WLSR RYHUORFN 3RQWRV GHFRUDWLYRV 3RQWR ]LJ ]DJ

*DUDQWLD GR IDEULFDQWH DQR

WLD

FP

5

&/$66( $

%$,;2 &216802 '( (1(5*,$

%2&$6 FP

FP

FP

&/$66( $

FP

%$,;2 &216802 '( (1(5*,$

$7e .* /DYDGRUD $UQR /DYHWH 0D[[ /970 %5

352*5$0$6 '( /$9$*(0

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 6LVWHPD GH ODYDJHP WXUELOKmR 7LSR GH FRQWUROH PDQXDO 1tYHO GH iJXD PDQXDO &HVWR HP SROLSURSLOHQR 3URJUDPD GH HQ[iJ HV $12 5

WLD *DUDQ 75$

(;

&2035$ 3527(*,'$

5

$126 5

/DYDGRUD &RQVXO &:, $ %5

&/$66( $

352*5$0$6 '( /$9$*(0

&/$66( $

&/$66( $

%$,;2 &216802 '( (1(5*,$

/DYDGRUD (OHFWUROX[ /7( %5

$7e .* ODYDGRUD *( /9*( ,$ %5 %5

352*5$0$6 '( /$9$*(0

&(175,)8*$d®2

&(175,)8*$d®2

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

*DUDQWLD GR IDEULFDQWH DQR 6LVWHPD GH ODYDJHP 7XUELOKmR &2035$ 3527(*,'$ 7LSR GH FRQWUROH PDQXDO 5 1tYHLV GH iJXD &HVWR HP SROLSURSLOHQR 'LVSHQVHU S DPDFLDQWH DOYHMDQWH 3URJUDPD GH HQ[iJ HV

*DUDQWLD GR IDEULFDQWH DQR 6LVWHPD GH ODYDJHP DJLWDGRU &2035$ 3527(*,'$ 7LSR GH FRQWUROH PHFkQLFR 5 1tYHLV GH iJXD &HVWR HP SROLSURSLOHQR 'LVSHQVHU SDUD DPDFLDQWH DOYHMDQWH 3URJUDPD GH HQ[iJ HV

*DUDQWLD GR IDEULFDQWH DQR 6LVWHPD GH ODYDJHP DJLWDGRU &2035$ 3527(*,'$ 7LSR GH FRQWUROH (OHWU{QLFR 5 1tYHLV GH iJXD &HVWR HP LQR[ 'LVSHQVHU SDUD DPDFLDQWH DOYHMDQWH 3URJUDPD GH ODYDJHP

WLD *DUDQ 75$

(;

$126 5

$12 5

WLD *DUDQ 75$

$126 5

(;

$12 5

WLD *DUDQ 75$

(;

FP

352*5$0$6 '( /$9$*(0

$ 9LVWD 5 [ [ 5 VHP MXURV &(175,)8*$d®2 2X [ [ 5 7RWDO D SUD]R 5

$12 5

FP

%$,;2 &216802 '( (1(5*,$

$7e .*

%$,;2 &216802 '( (1(5*,$

$7e .*

)2512 $872/,03$17(

80 6$%®2 $5,(/ /Ì48,'2

FP FP

$&(1',0(172 $8720É7,&2 727$/

*5É7,6

)RJmR % &RQWLQHQWDO 6SD]LR )*&7 363' %5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 0HVD GH LQR[ 3UDWHOHLUDV )L[D 7DPSD GH YLGUR $12 5

$126 5

DQWLD

*DU 75$

(;

&2035$ 3527(*,'$

5

$126 5

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

&2035$ 3527(*,'$

5 &2035$ 3527(*,'$

&2035$ 3527(*,'$

/ FP

,62

&216802 '( (1(5*,$

5 0È6 RX : K /,*$'2 K

*DUDQWLD GR IDEULFDQWH DQR 'HJHOR &RQJ 0DQXDO 'HJHOR 5HIULJ 0DQXDO &RQWUROHV H[WHUQRV &DSDFLGDGH FRQJHODGRU / 3UDWHOHLUDV UHJXOiYHLV UHPRYtYHLV 3RUWD ODWD $12 5

WLD *DUDQ 75$

(;

$126 5

FP

/ FP

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

WLD *DUDQ 75$

(;

$126 5

8 7 2 & / $

&216802 '( (1(5*,$

5 0È6 RX : K /,*$'2 K

*DUDQWLD GR IDEULFDQWH DQR 'HJHOR &RQJ 5HIULJ 0DQXDO &RQWUROHV ,QWHUQRV 3RUWD UHYHUVtYHO &DSDFLGDGH FRQJHODGRU / 3UDWHOHLUDV UHPRYtYHLV $12 5

35 2 '

FP

35 2 '

FP

35 2 '

5 0È6 RX : K /,*$'2 K

8 7 2 & / $

*HODGHLUD &RQWLQHQWDO )) 5)&7 / %5

6 6 ( $

&216802 '( (1(5*,$

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

*HODGHLUD &RQVXO &') &5' (%$1$ / %5

6 6 ( $

8 7 2 & / $

FP

5

*HODGHLUD (OHFWUROX[ 5( / %5 9

6 6 ( $

FP

5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

(;

6SOLW %WXV &RPSUHVVRU URWDWLYR (OHFWUROX[ &%83( ) 3, ) $FLRQDPHQWR HOHWU{QLFR GLJLWDO 7LPHU $ 9LVWD 5 &RQWUROH UHPRWR [ [ 5 VHP MXURV *DELQHWH SOiVWLFR 2X [ [ 5 &LFOR GH DU IULR 7RWDO D SUD]R 5 6DtGD GR DU IURQWDO

FP

%$,;2 &216802 '( (1(5*,$

WLD *DUDQ 75$

&2035$ 3527(*,'$

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ YHQGD GD *DUDQWLD ([WUD %HPRO p H[FOXVLYD SDUD SHVVRD ItVLFD

FP

U

FP

&/$66( $

$126 5

/RMDV %HPRO

0iTXLQD GH &RVWXUD 6LQJHU )DFLOLWD &

$126 5

0LFUR 2QGDV &RQVXO &06 $%+ / %5 *DUDQWLD GR IDEULFDQWH DQR 3RWrQFLD : $ 9LVWD 5 $XWR GHVFRQJHODPHQWR [ [ 5 VHP MXURV DTXHFLPHQWR FR]LPHQWR 2X [ [ 5 7HFOD SLSRFD 7RWDO D SUD]R 5 7UDYD GH VHJXUDQoD

$12 5

LF

G R )D E

$

(;75

(;

Q

Q

WLD

WLD *DUDQ

5 WLD *DUDQ 75$

$12 5

* DUD

* DUD

$QRV

$12 5

D QWH

FP

&2035$ 3527(*,'$

*DUDQWLD GR IDEULFDQWH DQR 3UDWHOHLUDV UHPRYtYHLV 3RUWD UHYHUVtYHO 3RUWD ODWD &2035$ 3527(*,'$ &RQWUROH GH WHPSHUDWXUD 5

FP

/ FP

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 'HJHOR &RQJ UHIULJ IURVW IUHH &RQWUROHV LQWHUQR 3RUWD UHYHUVtYHO &DSDFLGDGH FRQJHODGRU / 3UDWHOHLUDV UHJXOiYHLV 3UDWHOHLUDV UHPRYtYHLV 3RUWD ODWD $12 5

WLD *DUDQ 75$

(;

$126 5

35(),5$ 48(0 6( (6)25d$ ',$5,$0(17( 3$5$ 2)(5(&(5 2 0(/+25 $7(1',0(172

)RWRV PHUDPHQWH LOXVWUDWLYDV

FP

FP

D QWH

5 0È6 RX : K /,*$'2 K

#EHPRORQOLQH

LF

&216802 '( (1(5*,$

321726 '( &26785$

FP

FP

8 7 2 & / $

6 6 ( $

35 2 '

FP

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5


$ 3$57,5 '( $126

'( $ $126

%RQHFD (VWUHOD %HEr %DQKLQKR %RQHFD (VWUHOD 6XVL 7LWLWL $ 9LVWD 5

$ 9LVWD 5

%RQHFD (VWUHOD D%21(&

3HUVRQDJHP EHEr EDQKLQKR $OWXUD FP 0DWHULDO SOiVWLFR )XQFLRQDPHQWR PHFkQLFR $FHVVyULRV HVSRQMD WRDOKD IUDXGD H EDQKHLUD

3HUVRQDJHP 6XVL $OWXUD FP 0DWHULDO SOiVWLFR )XQFLRQDPHQWR PHFkQLFR

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

'( $ $126

$ 3$57,5 '( $126

$ 3$57,5 '( $126

&DUUR (VWUHOD &7 ,URQ 0DQ

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO SOiVWLFR )XQFLRQDPHQWR 3LOKD $$$

-RJR (VWUHOD 6XSHU -RJR 'D 9LGD

-RJR (VWUHOD 'HWHWLYH ' 7LSR DomR 0DWHULDO FDUWRQDGR 1 GH SDUWLFLSDQWHV D $FHVVyULRV ÐFXORV ' 7DEXOHLUR ' H &DUWDV '

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

7LSR HOHWU{QLFR H DomR 0DWHULDO FDUWRQDGR H SOiVWLFR 1 GH SDUWLFLSDQWHV D $FHVVyULRV PiTXLQD GH FDUWmR GH FUpGLWR

'( $ $126

%ULQTXHGR *XOOLYHU &DVD 0RLQKR

$ 3$57,5 '( $126

&DGHLUD *XOOLYHU %ULFNV ( .OLFNV

%ULQTXHGR *XOOLYHU 7UHP 'H &RQVWUXomR $ 9LVWD 5

$ 9LVWD 5

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

1 GH SDUWLFLSDQWHV RX $FHVVyULRV

0DWHULDO 3OiVWLFR 1 GH SDUWLFLSDQWHV D $FHVVyULRV

$ 3$57,5 '( $12

/X]HV H 6RQV GLYHUWLGRV

)RUPDV GLIHUHQWHV GH EULQFDU

$ 3$57,5 '( $12

%ULQTXHGR *XOOLYHU 0ROWR 0RELOH 0XVLFDO

%ULQTXHGR *XOOLYHU 0ROWR &RJXPHOR 3

%ULQTXHGR *XOOLYHU 0ROWR $QGDGRU

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

'( $ $126

)RWRV PHUDPHQWH LOXVWUDWLYDV

'( $ $126

$ 3$57,5 '( $126 '( $ $126

7ULFLFOR %DQGHLUDQWH 0HX *DWLQKD

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0RYLGR D SHGDO $VVHQWR DQDW{PLFR 0DWHULDO SROLSURSLOHQR

%RQHFR %DQGHLUDQWH (UD 'R *HOR 6LG

$ 3$57,5 '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

3DWLQHWH %DQGHLUDQWH &DUV

3HUVRQDJHP 6LG $OWXUD FP 0DWHULDO YLQLO )XQFLRQDPHQWR PHFkQLFR

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

3HUVRQDJHP FDUV 0RYLGR D ,PSXOVR 0DWHULDO SROLSURSLOHQR

&DUUR %DQGHLUDQWH 6PDUW 5DOO\ 3HGDO

&DUUR %DQGHLUDQWH 6XS 7XQLQJ *DWLQKD

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

0RYLGR D SHGDO $VVHQWR DQDW{PLFR 9RODQWH JXLGmR FRP EX]LQD 0DWHULDO SROLSURSLOHQR $FHVVyULRV

0RYLGR D SHGDO 9RODQWH JXLGmR FRP EX]LQD 0DWHULDO SROLSURSLOHQR

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

48$/,'$'( 9$/25,=( 6(8 ',1+(,52 &2035$1'2 48$/,'$'(


%RQHFR *URZ %OX 4XH )DOD &0

%RQHFD *URZ 'DQFLQJ 0{QLFD

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

3HUVRQDJHP ULR $OWXUD FP 0DWHULDO SDSHO FDUWmR YLQLO )XQFLRQDPHQWR 3LOKDV $$

$ 3$57,5 '( $126

'( $ $126

$OWXUD FP 0DWHULDO YLQLO H ILEUD )XQFLRQDPHQWR SLOKDV 9 $$

'( $ $126

-RJR *URZ :DU (GLomR (VSHFLDO

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

7LSR -RJR $GXOWR -XYHQLO 1 GH SDUWLFLSDQWHV D $FHVVyULRV 'DGRV FDUWDV H SLQRV FRORULGRV

%ULQTXHGR '7& 3OD\VHW 6KLSSLQJ 3RUW

$ 3$57,5 '( $126

$ 3$57,5 '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO 39& 'LHFDVW PHWDO

$ 3$57,5 '( $126

%ULQTXHGR *URZ %ORSHQV &DUURV $ 9LVWD 5

%ULQTXHGR '7& =,3 =RRP

%ULQTXHGR '7& 3LVWD 6NDWH ([WUH 5DGLFDO

%ULQTXHGR '7& )LOKRWHV 0DQLD %RXWLTXH $ 9LVWD 5 [ [ 5 VHP MXURV 0DWHULDO 39& 6LOLFRQH H 3DSHO

0DWHULDO 39& 3DUWHV HOHWU{QLFR

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

3HUVRQDJHP &DUURV 0DWHULDO SDSHO FDUWmR )XQFLRQDPHQWR PDQXDO

$ 3$57,5 '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO 39& (YD

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$ $ 3$57,5 '( $126 $ 3$57,5 '( $12

7DEHOD %DVTXHWH /tGHU %DUELH & % -RJR /tGHU +: 7DFRV

$ 3$57,5 '( $126

%ULQTXHGR /tGHU )RIR 0yYHO 3DWDWL 3DWDWi

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

0DWHULDO SOiVWLFR

0DWHULDO SOiVWLFR

0DWHULDO SOiVWLFR

%ULQTXHGR /tGHU 8SD 8SD 3RRK 'LVQH\

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 3$57,5 '( $126

7LSR MRJR 0DWHULDO SROLHWLOHQR 1 GH SDUWLFLSDQWHV

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

$ 3$57,5 '( $126

$&,0$ '( $126

'( $ $126

$&,0$ '( $126

%RQHFR +DVEUR 7KRU

%ULQTXHGR +DVEUR 3. 03+ 05 ( 056

$ 9LVWD 5 [ [ 5 VHP MXURV $&,0$ '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

3HUVRQDJHP 7KRU 0DWHULDO SOiVWLFR H 9LQLO )XQFLRQDPHQWR PDQXDO

7LSR KDELOLGDGH 0DWHULDO SOiVWLFR ERUUDFKD H PHWDO 1 GH SDUWLFLSDQWHV 0DLV GH

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO SHO~FLD 9LQLO 7HFLGR &DEHOR 6LQWpWLFR 3OiVWLFR )XQFLRQDPHQWR HOHWU{QLFR $FHVVyULRV

$&,0$ '( $126

'( $ $126

-RJR +DVEUR &OXH

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5 7LSR MRJR GLGiWLFR 0DWHULDO SOiVWLFR H SDSHO 1 GH SDUWLFLSDQWHV RX PDLV

%RQHFD +DVEUR 3ULPHLURV 'HQWLQKRV %ULQTXHGR +DVEUR 16 /DQoDGRU 6WKXQG

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV [ 2X [ [ 5 7RWDO D SUD]R 5

$&,0$ '( $126

0DWHULDO SOiVWLFR H SDUWHV HOHWU{QLFDV

&5(',É5,2 35Ð35,2 )/(;Ì9(/ ( 3(5621$/,=$'2

0DWHULDO %RUUDFKD 3OiVWLFR 9LQLO )XQFLRQDPHQWR PDQXDO $FHVVyULRV

)RWRV PHUDPHQWH LOXVWUDWLYDV

0DWHULDO SOiVWLFR &RUSR GH EDWDWD H PDLV GH SHoDV SDUD HQFDL[DU $FHVVyULRV

%ULQTXHGR +DVEUR %% 3{QHL 6ZHWWLH %HOO

-RJR +DVEUR %RS ,W


0yYHLV

126626

6(59,d26 &$57®2 ( %Ñ186

3DUFHOH VXDV FRPSUDV FRP FRPRGLGDGH H DFXPXOH SRQWRV SDUD VXDV SUy[LPDV FRPSUDV FP

(6380$ $7e .*

&5(',É5,2 35Ð35,2

2 &2/&+®2 9(1',' ( 6(3$5$'$0(17

FP

*$9(7$6 &2035$ 3527(*,'$

*DUDQWLD GR IDEULFDQWH DQR 0DWHULDO DJORPHUDGR $FDEDPHQWR YHUQL] 89 6LVWHPD GH PRQWDJHP PLQLIL[ &RUUHGLoDV WLSR PHWiOLFDV $ 9LVWD 5 [ [ 5 VHP MXURV 3X[DGRUHV WLSR $%6 2X [ [ 5 'LVSRQtYHO WDPEpP QD FRU EUDQFR FRP URVD 7RWDO D SUD]R 5

#EHPRORQOLQH

ZZZ EHPRO FRP EU 6,*$ 126 ( ),48( 325 '(1752 '( 126626 /$1d$0(1726 ( 35202d¯(6

FP

/RMDV %HPRO

FP

$12 5

3257$6

*$9(7$6

*$9(7$6

3257$6

WLD *DUDQ 75$

(;

0DWHULDO 0') 0'3 $FDEDPHQWR $OWR %ULOKR 5RXSHLUR 3 * %RP (VSHOKR 3DVWRU '3/86 %5 37 5HVSLUR DQWL PRIR 6LVWHPD GH PRQWDJHP JLURIL[ &RUUHGLoDV PHWiOLFDV $ 9LVWD 5 [ [ 5 VHP MXURV &DOFHLUR WLSR PHWiOLFR 0DOHLUR 2X [ [ 5 *DYHWDV 7RWDO D SUD]R 5

*$5$17,$ %(02/ '( 6$7,6)$d®2

9RFr SRGH WURFDU RX FDQFHODU D FRPSUD HP DWp GLDV

3& +(/3

'XDV YLVLWDV WpFQLFDV SDUD LQVWDODomR H VXSRUWH GR VHX FRPSXWDGRU RX QRWHERRN

&2035$ 3527(*,'$

FP FP

5(1(*2&,( 6(86 &2175$726

5HSDFWXDomR GLVSRQtYHO HP TXDOTXHU ORMD GH IRUPD VLPSOHV D MXURV UHGX]LGRV

3URWHMD VHX SURGXWR FRQWUD GDQRV H DFLGHQWHV QmR FREHUWRV SHOR IDEULFDQWH GXUDQWH R SUD]R GH JDUDQWLD

FP

726 &2/&+¯(6 ( 2%-( '$0(17( 9(1','26 6(3$5$

FP

FP

FP $12 5

5RXSHLUR 3 * 'LWDOLD %% %5 $=

(;

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR 0DWHULDO $JORPHUDGR

WLD *DUDQ 75$

$12 5

%LFDPD 'LWiOLD & (VWDQWH %% 7%

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

(/(7523257É7(,6

3RU XP SHTXHQR FXVWR DGLFLRQDO YRFr JDUDQWH SURWHomR H[WUD SDUD VHX HOHWURSRUWiWLO $ *DUDQWHFK DVVHJXUD D WURFD HP FDVR GH GHIHLWRV SHVVRDV ItVLFDV VRPHQWH

FP

WLD *DUDQ 75$

$FDEDPHQWR 9HUQL] 89 6LVWHPD GH PRQWDJHP 0LQLIL[ 'REUDGLoDV 3UHVVmR 0HWiOLFDV &RUUHGLoDV 0HWiOLFDV &DOFHLUR 7LSR 0DGHLUD 0DOHLUR 3X[DGRUHV 7LSR $%6 'LVSRQtYHO WDPEpP QDV FRUHV EUDQFR H EUDQFR FRP URVD

(;

*DUDQWLD GR IDEULFDQWH DQR 0DWHULDO DJORPHUDGR %D~ 3LQWXUD 89 $FDEDPHQWR DOWR EULOKR 6LVWHPD GH PRQWDJHP IL[DomR 'LVSRQtYHO WDPEpP QD FRU EUDQFR

QWLD *DUD75$

(;

9,'$ /21*$ 3$5$ 6(86 352'8726

RX DQRV D PDLV GH SURWHomR HP VXDV FRPSUDV SRU XP SHTXHQR FXVWR DGLFLRQDO SHVVRDV ItVLFDV VRPHQWH

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

FP

FP

FP

FP

*$9(7$6 FP

FP

726 &2/&+®2 ( 2%-( $'$0(17( 9(1','26 6(3$5

&DPD 6ROWHLUR .DSSHVEHUJ ,- 52 $=

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO 0'3 0') 3LQWXUD 89 $FDEDPHQWR ,PSUHVVmR 6LVWHPD GH PRQWDJHP )L[DomR

3257$6

FP

$12 5

WLD *DUDQ 75$

(;

$12 5

WLD *DUDQ 75$

FP

&{PRGD * .DSSHVEHUJ ,) $=

FP

FP FP

FP

3257$6

*$9(7$6 FP

FP

(;

$12 5

WLD *DUDQ 75$

(;

-RJRV SDJDPHQWRV GH FRQWDV UHFHELPHQWR GH EHQHItFLRV VDTXHV GD &DL[D H %% FUpGLWR GH FHOXODU HWF 3UHVHQWHV HP ORMDV GD %HPRO

/,67$ '( 35(6(17(6

)DFLOLWH D HVFROKD GH VHXV FRQYLGDGRV GHL[DQGR D OLVWD QD %HPRO RX HP QRVVR VLWH ZZZ EHPRO FRP EU

&$57®2 35(6(17(

$FHUWH QD HVFROKD H DJUDGH VHPSUH 'LVSRQtYHO QRV YDORUHV GH 5 5 5 H 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 $ 9LVWD 5 [ [ 5 VHP MXURV 7RWDO D SUD]R 5 2X [ [ 5 0DWHULDO 0') 0'3 7RWDO D SUD]R 5 $FDEDPHQWR LPSUHVVmR (VSHOKR 0DWHULDO 0'3 0') 5HVSLUR DQWL PRIR $FDEDPHQWR LPSUHVVmR 6LVWHPD GH PRQWDJHP IL[DomR 6LVWHPD GH PRQWDJHP IL[DomR &RUUHGLoDV SOiVWLFDV 'REUDGLoDV SUHVVmR PHWiOLFDV &DOFHLUR WLSR DOXPtQLR &RUUHGLoDV PHWiOLFDV 3X[DGRUHV WLSR PHWiOLFRV 3X[DGRUHV WLSR SROLSURSLOHQR

*$9(7$6

5RXSHLUR 3 * .DSSHVEHUJ ,- 52

&{PRGD * .DSSHVEHUJ ,- 52

*$9(7$6

FP

FP

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

$ %(02/ (67É 1$6 5('(6 62&,$,6

$ YHQGD GD *DUDQWLD ([WUD %HPRO p H[FOXVLYD SDUD SHVVRD ItVLFD

7HFLGR SROLpVWHU 1tYHO GH FRQIRUWR PDFLR 3URWHomR DQWL iFDUR PRIR

FP

*DUDQWLD GR IDEULFDQWH DQR 0DWHULDO 0'3 $FDEDPHQWR YHUQL] 89 6LVWHPD GH PRQWDJHP *LURIL[ %HUoR & 5RGDV 'REUDGLoDV 0DGHLUD UHYHVWLGD 'LWiOLD %% %5 &DOFHLUR 0DGHLUD UHYHVWLGD 5RGDV $ 9LVWD 5 'LVSRQtYHO QD FRU [ [ 5 VHP MXURV EUDQFR FRP URVD 2X [ [ 5 'LVSRQtYHO QD FRU 7RWDO D SUD]R 5 EUDQFR FRP D]XO

&{PRGD * 'LWiOLD %% %5 $=

$ 9LVWD 5 [ [ 5 VHP MXURV

FP

5

FP

FP &ROFKmR %HUoR (XURVRQR (63 ; ; ' 52

)RWRV PHUDPHQWH LOXVWUDWLYDV

&UHGLiULR SUySULR IOH[tYHO H SHUVRQDOL]DGR

FP

FP

WLD *DUDQ 75$

(;

6HUYLoRV H SURGXWRV GLVSRQtYHLV YLD LQWHUQHW K

%HUoR .DSSHVEHUJ ,) $=

$ 9LVWD 5 [ [ 5 VHP MXURV $ 9LVWD 5 2X [ [ 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 7RWDO D SUD]R 5 0DWHULDO 0'3 0') $FDEDPHQWR LPSUHVVmR 0DWHULDO 0'3 0') &RUUHGLoDV WLSR PHWiOLFDV $FDEDPHQWR 89 3X[DGRUHV 7LSR SROLSURSLOHQR 6LVWHPD GH PRQWDJHP )L[DomR $12 5

ZZZ EHPRO FRP EU

5RXSHLUR 3 * .DSSHVEHUJ ,) $=

$12 5

WLD *DUDQ 75$

(;

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 0DWHULDO 0') 0'3 $FDEDPHQWR LPSUHVVmR 5HVSLUR DQWL PRIR 6LVWHPD GH PRQWDJHP IL[DomR 'REUDGLoDV SUHVVmR PHWiOLFDV &RUUHGLoDV SOiVWLFDV &DOFHLUR DOXPtQLR 3X[DGRUHV WLSR SROLSURSLOHQR $12 5

+25É5,26 (67(1','26

)XQFLRQDPRV DRV GRPLQJRV H IHULDGRV SDUD VXD PDLRU FRQYHQLrQFLD

&2035( ( +$%,/,7( 6(8 &(/8/$5

7RGDV DV RSHUDGRUDV QD %HPRO 6HX DSDUHOKR KDELOLWDGR QD KRUD GD FRPSUD

WLD *DUDQ 75$

(;

$*25$ 92&È 32'( $*(1'$5 $ 68$ (175(*$ 3$5$ ',$ ( +25É5,2 '( 68$ &219(1,È1&,$ &2168/7( 2 9$/25 '$ 7$;$ &20 80 '( 126626 9(1'('25(6

606 %(02/

&OLHQWH %HPRO UHFHEH WRUSHGRV VREUH FRPSUDV UHDOL]DGDV HQWUHJDV H OHPEUHWH GH YHQFLPHQWR


( OHWU{QLFRV )81d®2 .$5$2.( 5(352'8= 03

(175$'$

86%

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

,'(17,),&$'25 '( &+$0$'$6

7HOHIRQH 3DQDVRQLF 6 )LR .; 7* /%7

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

&' SOD\HU 5HSURGXomR 03 &' 5 5: 5iGLR $0 )0 3RWrQFLD 506 : )XQFLRQDPHQWR HQHUJLD SLOKD

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

&2035$ 3527(*,'$

5

*DUDQWLD GR IDEULFDQWH DQR 9LYD YR] 'LVSOD\ LOXPLQDGR

$12 5

WLD *DUDQ 75$

$126 5

(;

&2035$ 3527(*,'$

5

*DUDQWLD GR IDEULFDQWH DQR 5HJLmR 6LVWHPD GH SRQWXDomR 6LVWHPD GH FRU 0+] %LW 'ROE\ GLJLWDO 5HSURGX] '9' 5 5: 9&' 5HSURGX] IRWR FG &ORVHG FDSWLRQ

*DUDQWLD GR IDEULFDQWH DQR 5HJLmR )RUPDWR FRPS -3(* 03 03 H :0$ 0tGLD FRPS '9' 5: 5 5 3RVVXL GLVSOD\ 6DtGDV YtGHR FRPSRVWR &RQWUROH UHPRWR &RQVXPR 8VR 6WE\ : :

&' 5iGLR 3KLOLSV $= 6 35 37

$SDUHOKR '9' /* .DUDRNH '9

$12 5

WLD *DUDQ 75$

(;

$126 5

&2035$ 3527(*,'$

5 &2035$ 3527(*,'$

5

&$%2 +'0, (175$'$

86%

$SDUHOKR %OX 5D\ 3OD\HU 3DQDVRQLF '03%' /%.

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

327È1&,$ 727$/ 506 :

$12 5

WLD *DUDQ 75$

(;

$12 5

+RPH 7KHDWHU 3DQDVRQLF 37 /% . 37

*DUDQWLD GR IDEULFDQWH DQR )RUPDWR &RPS %' '9' &' 0tGLD &RPS $9&+' ',9; +' 0.9 '/1$ %' /LYH

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

$126 5

(175$'$

&$,;$6 DQWLD

*DU 75$

(;

327È1&,$ 727$/ 506 :

86%

$126 5

*DUDQWLD GR IDEULFDQWH DQR 'LYLVmR VRQRUD FDQDLV 'HFRGHU 'ROE\ 'LJLWDO 5iGLR $0 )0 3URJUHVVLYH 6FDQ &RQWUROH UHPRWR '9' LQWHJUDGR

+RPH 7KHDWHU /* .DUDRNH 86% +7 68

$12 5

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR

&$,;$6 WLD *DUDQ 75$

(;

(175$'$

86%

$126 5

'LYLVmR VRQRUD &+ 'HFRGHU 'ROE\ 'LJLWDO 5iGLR $0 )0 3URJUHVVLYH 6FDQ &RQWUROH UHPRWR '9' LQWHJUDGR

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$ 0LQL 6\VWHP 6DPVXQJ 0; ' =' 35 37

$ 9LVWD 5 [ [ 5 VHP MXURV RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

0LFUR 6\VWHP 3DQDVRQLF 6& $.; 31 .

$ 9LVWD 5 [ [ 5 VHP MXURV [ RX HQWUDGD 5 [ 5 7RWDO D SUD]R 5

*DUDQWLD GR IDEULFDQWH DQR &' 3OD\HU &DSDFLGDGH SDUD &' 5HSURGXomR 03 &' 5 &' 5: (TXDOL]DGRU &RQWUROH UHPRWR 5iGLR $0 )0 &2035$ 3527(*,'$

(175$'$

86%

(175$'$ 3$5$ 0,&52)21(

$12 5

WLD *DUDQ 75$

(;

$126 5

327È1&,$ 727$/ 506 :

(175$'$

86%

)RWRV PHUDPHQWH LOXVWUDWLYDV

5

327È1&,$ 727$/ 506 :

*DUDQWLD GR IDEULFDQWH DQR &DSDFLGDGH SDUD &' 5HSURGXomR 03 &' 5 &' 5: 5iGLR $0 )0 &RQWUROH UHPRWR

79 3DQDVRQLF /&' 7& / & %

$ 9LVWD 5 [ [ 5 VHP MXURV

&DL[D $F~VWLFD +LQRU $PSOLILFDGD %R[ 7ULR

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

,62

*DUDQWLD GR IDEULFDQWH DQR 7HPSR GH 5HVSRVWD 06 (QWUDGDV 3& 6' 86% 6DtGDV ÐSWLFD $QDOyJLFD 3RWrQFLD GR iXGLR : 506 )UHT rQFLD +] &RQVXPR 8VR 6WE\ : K : K

*DUDQWLD GR IDEULFDQWH DQR %L DPSOLILFDGR : 506 &2035$ 3527(*,'$

5

+'0, (175$'$6

/&'

&219(5625 ',*,7$/ ,17(*5$'2

&2035$ 3527(*,'$

5

$12 5

WLD *DUDQ 75$

(;

$126 5

35(),5$ 48(0 6( (6)25d$ ',$5,$0(17( 3$5$ 2)(5(&(5 2 0(/+25 $7(1',0(172

$ YHQGD GD *DUDQWLD ([WUD %HPRO p H[FOXVLYD SDUD SHVVRD ItVLFD 2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

$SDUHOKR '9' 6RQ\ 86% '93 65


$ 3$57,5 '( $126

$ 3$57,5 '( $126

%RQHFD 0DWWHO %% & $QHO 0HQLQD 7 $ 9LVWD 5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

-RJR 0DWWHO 8QR %% : $ 9LVWD 5

%ULQTXHGR 0DWWHO 1%7 0RUGHGRU 0DFDFR / $ 9LVWD 5

%RQHFR 0DWWHO 06 6RUW )LJXUD %DV 9

$ 9LVWD 5

‡ 3HUVRQDJHP %DUELH ‡ $OWXUD FP ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR ‡ $FHVVyULRV DQHO

%ULQTXHGR 0DWWHO 3DFRWH & &DUUR $ 9LVWD 5

%RQHFD 0DWWHO %DUELH 3UDLD 7

%ULQTXHGR 0DWWHO +: 0LQL /DYD 5iSLGR 5

$ 9LVWD 5

$ 3$57,5 '( $126

$ 3$57,5 '( $126

‡ 3HUVRQDJHP 0D[ 6WHHO %RQHFR 0DWWHO ‡ $OWXUD FP 06 6RUW )LJXUD & $FH 9 ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR $ 9LVWD 5 ‡ $FHVVyULRV SURMpWLO

‡ 3HUVRQDJHP %DUELH ‡ $OWXUD FP ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR

‡ 0DWHULDO SOiVWLFR ‡ 3HUVRQDJHP +RW :KHHOV ‡ $FHVVyULRV YHtFXOR

$ 3$57,5 '( $126

%RQHFD 0DWWHO %% (VFROD 3ULQF 6RUW 9

‡ 3HUVRQDJHP %DUELH (VFROD ‡ $OWXUD FP FP ‡ 0DWHULDO SOiVWLFR $ 9LVWD 5 [ [ 5 VHP MXURV ‡ )XQFLRQDPHQWR PHFkQLFR

%RQHFR 0DWWHO 06 6RUW )LJ (VS & '9': $ 9LVWD 5

‡ 3HUVRQDJHP 0D[ 6WHHO ‡ $OWXUD FP ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR

$ 3$57,5 '( $126

$ 3$57,5 '( $126

'( $ $126

$ 9LVWD 5

‡ 3HUVRQDJHP 0D[ 6WHHO ‡ $OWXUD FP ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR ‡ $FHVVyULRV DUPD SDUD ERQHFR H '9'

%RQHFD 0DWWHO %% 6RUW *OLWWHU 7 $ 9LVWD 5

‡ 3HUVRQDJHP %DUELH ‡ $OWXUD FP ‡ 0DWHULDO SOiVWLFR ‡ )XQFLRQDPHQWR PHFkQLFR

%RQHFD 0DWWHO /0 3ULPHLURV 3DVVRV 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

)RWRV PHUDPHQWH LOXVWUDWLYDV

$ 3$57,5 '( $126 $&,0$ '( $126

&RQMXQWR 0DWWHO 3ROO\ 70 GD $YHQWXUD 9 3LVWD 0DWWHO +: 5HY 8SV 7UDFN 9

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

‡ 0DWHULDO SOiVWLFR ‡ 3HUVRQDJHP +RW :KHHOV ‡ $FHVVyULRV YHtFXOR

‡ 0DWHULDO SOiVWLFR ‡ 3HUVRQDJHP 3ROO\ 3RFNHW ‡ $FHVVyULRV ILJXUDV

48$/,'$'( 9$/25,=( 6(8 ',1+(,52 &2035$1'2 48$/,'$'(


& HOXODUHV '(6%/248($'2

'(6%/248($'2 3$5$ 7,0 2, ( &/$52

*UiWLV XPD QpFHVVDLUH

*UiWLV XPD QpFHVVDLUH

1RNLD & 37

$ 9LVWD 5 [ [ 5 VHP MXURV

*UiWLV XPD QpFHVVDLUH

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )RQH RXYLGR

‡ &kPHUD 9*$ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )RQH RXYLGR

$12 5

&2035$ 3527(*,'$

WLD *DUDQ 75$

(;

$126 5

5

WLD *DUDQ 75$

$12 5

&2035$ 3527(*,'$

$126 5

(;

5

1RNLD ( 35 '(6%/248($'2

1RNLD ; $=

1RNLD & 52

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV &2035$ 3527(*,'$

5

*UiWLV XPD QpFHVVDLUH

WLD *DUDQ 75$

(;

$126 5

$12 5

*UiWLV XPD QpFHVVDLUH

WLD *DUDQ 75$

$126 5

(;

&2035$ 3527(*,'$

5

WLD *DUDQ 75$

(;

(;

$126 5

$ 9LVWD 5 [ [ 5 VHP MXURV

‡ &kP 03; ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )RQH RXYLGR ‡ &DER 86% $12 5

WLD *DUDQ 75$

6RQ\ (ULFVVRQ ; 0LQL 3UR 37 $$7

$ 9LVWD 5 [ [ 5 VHP MXURV

/,95(

$12 5

*UiWLV XPD QpFHVVDLUH

0RWRUROD (; 'XDO &KLS &= $$7

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ :L )L *36 ‡ )XQomR 0RGHP * ‡ )RQH RXYLGR ‡ &DER 86%

'(6%/248($'2

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK :L )L ‡ )XQomR PRGHP * ‡ )RQH RXYLGR

'(6%/248($'2

‡ &kPHUD 0S[ ‡ %OXHWRRWK ‡ :L IL ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ )RQH RXYLGR $12 5

$ 9LVWD 5 [ [ 5 VHP MXURV

‡ &kPHUD 0S[ ‡ %OXHWRRWK ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ )RQH RXYLGR

/,95(

$126 5

$12 5

WLD *DUDQ 75$

$126 5

(;

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$ /,95(

/,95( /* 7 :LQN 91 $$7

5

$ 9LVWD 5 [ [ 5 VHP MXURV

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )XQomR 0RGHP ‡ )RQH RXYLGR ‡ &DER 86%

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )XQomR 0RGHP ‡ )RQH RXYLGR ‡ &DER 86%

WLD *DUDQ 75$

(;

$ 9LVWD 5 [ [ 5 VHP MXURV

$12 5

&2035$ 3527(*,'$

/* & 37 $$7

/* & 'XDO &KLS 37 $$7

$126 5

&2035$ 3527(*,'$

5

$12 5

WLD *DUDQ 75$

(;

$ 9LVWD 5 [ [ 5 VHP MXURV

/,95(

‡ &kPHUD 0S[ ‡ %OXHWRRWK ‡ :L IL ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ )RQH RXYLGR ‡ &DER 86% $12 5

$126 5

WLD *DUDQ 75$

(;

$126 5

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

‡ 0XVLF 3OD\HU ,QWXLWLYR H GLYHUWLGR ‡ 'HVLJQ PRGHUQR LGHDO SDUD P~VLFD ‡ %DWHULD SRWHQWH GH ORQJD GXUDomR ‡ /DQWHUQD

'(6%/248($'2 3$5$ 7,0 2, ( &/$52

$ YHQGD GD *DUDQWLD ([WUD %HPRO p H[FOXVLYD SDUD SHVVRD ItVLFD

1RNLD ; 37

1RNLD & 37

&2035$ 3527(*,'$

/,95(

5

$ 9LVWD 5 [ [ 5 VHP MXURV

$ 9LVWD 5 [ [ 5 VHP MXURV

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ )RQH RXYLGR ‡ &DER 86%

‡ &kPHUD 0S[ ‡ 03 3OD\HU ‡ 5iGLR )0 ‡ %OXHWRRWK ‡ :L )L ‡ )RQH RXYLGR

$12 5

,62

WLD *DUDQ 75$

(;

$126 5

&2035$ 3527(*,'$

/* 2SWLPXV 2QH 3 37 $$7

/* &RRNLH 3 'XDO &KLS 90 $$7

/* ( $= $$7

/,95(

$12 5

WLD *DUDQ 75$

(;

$ 9LVWD 5 [ [ 5 VHP MXURV ‡ &kP )URQWDO 03[ ‡ 03 3OD\HU 5iGLR )0 ‡ %OXHWRRWK :L )L ‡ )XQomR 0RGHP * ‡ 6LVW 2SHU *RRJOH $QGURLG ‡ )RQH RXYLGR ‡ &DER 86%

$126 5

/,95(

$12 5

WLD *DUDQ 75$

(;

$126 5

35(),5$ 48(0 6( (6)25d$ ',$5,$0(17( 3$5$ 2)(5(&(5 2 0(/+25 $7(1',0(172

)RWRV PHUDPHQWH LOXVWUDWLYDV

5


9DULHGDGHV &KDSD *DPD 7RR &KLF $33 52

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

&(5Ç0,&$

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

*DUDQWLD GR IDEULFDQWH DQR 3RWrQFLD : 7HFQRORJLD tRQ /kPSDGD SLORWR 7HPSHUDWXUD DXWR UHJXODGD &RPSULPHQWR GR FDER 0

.LW &KDSD 6HF 0RGHO 0DOORU\ 'LVQH\ /, 52

*DUDQWLD GR IDEULFDQWH DQR 3RWrQFLD : 7HFQRORJLD tRQ /kPSDGD SLORWR 7HPSHUDWXUD DXWR UHJXODGD &RPSULPHQWR GR FDER 0

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

7LSR GH FKDSD FHUkPLFD 3RWrQFLD : 7HFQRORJLD tRQ /kPSDGD SLORWR 7HPSR GH DTXHFLPHQWR VHJ 7HPSHUDWXUD DOFDQoDGD & &RPSULPHQWR GR FDER P 7HQVmR ELYROW

3RWrQFLD : QtYHLV GH WHPSHUDWXUD $FDEDPHQWR $%6 &RPSULPHQWR GR FDER P

)RQWH 'H &KRFRODWH $UQR .LGV )&$. /-

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

)RWRV PHUDPHQWH LOXVWUDWLYDV

2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248(

.LW &KDSD 6HFDGRU 0DOORU\ 'LVQH\ /, 52

&(5Ç0,&$

6HFDGRU *DPD 7RR &KLF $66 52

*DUDQWLD GR IDEULFDQWH DQR )XQomR DTXHFHU )XQomR FLUFXODU /X] SLORWR )iFLO GH OLPSDU $12 5

7URFD *DUDQWLGD

$126 5

3LSRTXHLUD $UQR .LGV 3DN

$ 9LVWD 5 0iTXLQD 'H $OJRGmR [ [ 5 VHP MXURV 2X [ [ 5 'RFH $UQR .LGV $GDN 7RWDO D SUD]R 5 $ 9LVWD 5 *DUDQWLD GR IDEULFDQWH DQR [ [ 5 VHP MXURV [ &ROKHU GRVDGRUD 2X [ [ 5 7DPSD WUDQVSDUHQWH 7RWDO D SUD]R 5 %LFR GLUHFLRQDGRU *DUDQWLD GR IDEULFDQWH DQR $12 7URFD $126 3RWrQFLD : 5 *DUDQWLGD 5 $FHVVyULR

$52

$52

$ 3$57,5 '( $126

$ 3$57,5 '( $126

%LFLFOHWD %DQGHLUDQWH )UHLR WLSR D WDPERU 6HOLP HP SROLXUHWDQR *DWLQKD 52

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

%LFLFOHWD &DORL =LJELP 90 37 &2035$ 3527(*,'$

5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

*DUDQWLD GR IDEULFDQWH DQR )UHLR WLSR 7DPERU GLDQWHLUR 6HOLP HP (VSXPD

(&2120,$ 72'26 26 352'8726 '(67( (1&$57( (67®2 &20 35(d26 35202&,21$,6 ( 6,1$/,=$'26 1$6 /2-$6 &20 80$ (7,48(7$ $0$5(/$

$52 %LFLFOHWD 0RQDUN %0; $UR 9'

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

monark

$ 3$57,5 '( $126

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

)UHLR WLSR 9 %UDNH WUDVHLUR 6HOLP HP 3ROLXUHWDQR DFROFKRDGR

)UHLR WLSR 9 %UDNH 6HOLP HP HVSXPD

%LFLFOHWD &DORL %DUELH 5RVD 9LYR )XFFLD

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

4XDGUR HP DoR FDUERQR *DUIR HP DoR FDUERQR *XLGmR HP DoR )UHLR WLSR 9 EUDNH 3HGDLV HP SROLSURSLOHQR 6HOLP HP HVSXPD

$/80Ì1,2

monark

%LFLFOHWD 0RQDUN %0; 5DQJHU $UR 37 9'

%LFLFOHWD %DQGHLUDQWH &DUV 90

$52

$52

$52

&2035$ 3527(*,'$

5

*DUDQWLD GR IDEULFDQWH DQR )UHLR WLSR WDPERU GLDQWHLUR 6HOLP HP SROLXUHWDQR

$52 $52

$52 $/80Ì1,2

%LFLFOHWD &DORL *ORVV 35 52

monark

%LFLFOHWD 0RQDUN %ULVD $UR 9,

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

)UHLR WLSR 9 %UDNH 6HOLP HP HVSXPD

%LFLFOHWD &DORL 0D[ 9 37 $=

&2035$ 3527(*,'$

5

*DUDQWLD GR IDEULFDQWH DQR $ 9LVWD 5 4XDGUR HP DoR FDUERQR [ [ 5 VHP MXURV &kPELR WUDVHLUR F 0 6 2X [ [ 5 )UHLRV EUDNH 7RWDO D SUD]R 5 $ODYDQFD FkPELR JULS V\VWHP

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5 *DUDQWLD GR IDEULFDQWH DQR )UHLR WLSR 9 %UDNH 6HOLP FRQIRUWiYHO

$52

$/80Ì1,2 %LFLFOHWD &DORL +RW :KHHOV *) &2035$ 3527(*,'$

5

$ 9LVWD 5 [ [ 5 VHP MXURV 2X [ [ 5 7RWDO D SUD]R 5

*DUDQWLD GR IDEULFDQWH DQR )UHLR WLSR FDQWLOHYHU 6HOLP HP HVSXPD

&2035$ 3527(*,'$

5

48$/,'$'( 9$/25,=( 6(8 ',1+(,52 &2035$1'2 48$/,'$'(


2)(57$6 9É/,'$6 $3(1$6 3$5$ $6 /2-$6 '( 0$1$86 9$/,'$'( $ 28 $17(6 2&255(1'2 2 7e50,12 '2 (67248( 1mR MRJXH HVWH HQFDUWH HP YLD S~EOLFD

(035(6$ 5(63216É9(/

621(*$5 e &5,0( 2 FLGDGmR FRQVFLHQWH H[LJH 1RWD )LVFDO QDV VXDV FRPSUDV SRLV VDEH TXH R (VWDGR GHSHQGH GD DUUHFDGDomR SDUD PHOKRUDU D VD~GH D HGXFDomR H D VHJXUDQoD (P D %HPRO IRL SHOR Û DQR FRQVHFXWLYR D HPSUHVD FRPHUFLDO TXH PDLV ,&06 DUUHFDGRX SDUD R (VWDGR GR $PD]RQDV

&(57,),&$d®2 ,62

$WHQGLPHQWR H VHUYLoRV FRP D FHUWL¿ FDomR GH TXDOLGDGH ,62

9$5,('$'( '( 352'8726

0DLV GH PLO LWHQV *DUDQWLD GH TXDOLGDGH H YDULHGDGH GHQWUR GR VHX RUoDPHQWR

%(02/ $0$=21$6 6+233,1* %(02/ $9(1,'$ %(02/ %$55262 %(02/ &$0$38­ %(02/ &,'$'( 129$ %(02/ ('8&$1'26 %(02/ *5$1'( &,5&8/$5 %(02/ ,7$&2$7,$5$ %(02/ 0$1$8$5$ 6+233,1* %(02/ 0$75,= %(02/ 0,//(11,80 %(02/ 3217$ 1(*5$ %(02/ 32572 9(/+2 &(1752 %(02/ 32572 9(/+2 6+233,1* %(02/ 678',2 %(02/ 72548$72 %(02/ 0$1$&$3858 /2-$ &20

'LVTXH JUiWLV )DOH FRQRVFR H HVFODUHoD VXDV G~YLGDV

ZZZ EHPRO FRP EU

/2-$ &20 &$,;$ (/(75Ñ1,&2 %5$'(6&2

/2-$ &20 *8,&+È '$ &$,;$

/LPLWH PtQLPR SDUD YHQGD D FUpGLWR 5 &DUWmR %HPRO (P FRPSUDV DWp 5 FOLHQWH FRP R &DUWmR %HPRO SRGHUi FRPSUDU VHP HQWUDGD H VHP MXURV H SDUFHODU HP DWp YH]HV SDUD GLDV GHVGH TXH HVWHMD FRP VHX OLPLWH GLVSRQtYHO -XURV 'HVSHVDV 2SHUDomR GH &UpGLWR 3DUD 3DUFHODV ,JXDLV $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ $ 0 $ $ HP DWp [ -XURV GH 0RUD DR PrV D SDUWLU GR GLD 0XOWD GH 0RUD D SDUWLU GR GLD 26 3/$126 '( 3$*$0(172 $35(6(17$'26 (67­2 68-(,726 $ $3529$d­2 '( &5e',72 &21)250( &5,7e5,26 87,/,=$'26 3(/$ %(02/

$ 68$ 0(/+25 (6&2/+$


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.