+25126 3,==$ < $&&(625,26
+25126 3,==$ 5HVLVWHQFLDV EOLQGDGDV $LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
7HPSRUL]DGRU
0RG %$6,&
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
0RG %$6,&
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
%$6,&
$QFKR H[WHULRU
PP
)RQGR H[WHULRU $OWR H[WHULRU
PP PP
$QFKR LQWHULRU )RQGR LQWHULRU
PP PP
$OWR LQWHULRU
PP
z& : 9 IDVHV
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
5HI
+25126 3,==$ 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
0RG %$6,& 9
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
0RG %$6,& 9
%$6,&
127$ 7RGRV ORV PRGHORV SXHGHQ IXQFLRQDU D
9
$QFKR H[WHULRU
PP
)RQGR H[WHULRU
PP
$OWR H[WHULRU $QFKR LQWHULRU
PP PP
)RQGR LQWHULRU $OWR LQWHULRU
PP PP
'L¡PHWUR SL]]D
PP
z&
: 9 IDVHV
1z GH SL]]DV 7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ 0HVD VRSRUWH
6%
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
9
5HI
+25126 3,==$ 9HQWDQD GH FULVWDO HQ OD SXHUWD
/X] LQWHULRU
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
0RG %$6,&
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ
%$6,&
127$ 7RGRV ORV PRGHORV SXHGHQ IXQFLRQDU D
$QFKR H[WHULRU
PP
)RQGR H[WHULRU
PP
$OWR H[WHULRU $QFKR LQWHULRU )RQGR LQWHULRU $OWR LQWHULRU 'LDPHWUR SL]]D
PP PP PP PP PP
z& :
9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
6%
6%
1z GH SL]]DV 7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½
3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
/X] LQWHULRU
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ
%$6,&
$QFKR H[WHULRU
PP
)RQGR H[WHULRU
PP
$OWR H[WHULRU $QFKR LQWHULRU )RQGR LQWHULRU
PP PP PP
$OWR LQWHULRU 'L¡PHWUR SL]]D 1z GH SL]]DV
PP PP
7HPSHUDWXUD P¡[LPD
z&
3RWHQFLD
:
9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
6%
6% 0
6%
$OLPHQWDFL³Q
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
0RG %$6,&
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
0(',80
$QFKR )RQGR
PP PP
$OWR
PP
3 9 3 ½
3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
/X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ 127$ 7RGRV ORV PRGHORV SXHGHQ IXQFLRQDU D
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
%$6,&
;/ /
;/
;/
;/ /
;/
$QFKR H[WHULRU )RQGR H[WHULRU
PP PP
$OWR H[WHULRU $QFKR LQWHULRU
PP PP
)RQGR LQWHULRU
PP
$OWR LQWHULRU 'LDPHWUR SL]]D
PP PP
1z GH SL]]DV 7HPSHUDWXUD P¡[LPD
z&
3RWHQFLD
:
9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
6;/ /
6;/
6;/
6;/ /
6;/
$OLPHQWDFL³Q
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
0RG %$6,& ;/
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
/X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ
5HVLVWHQFLDV EOLQGDGDV
%$6,&
;/ /
;/
;/
;/ /
;/
$QFKR H[WHULRU
PP
)RQGR H[WHULRU $OWR H[WHULRU
PP PP
$QFKR LQWHULRU )RQGR LQWHULRU
PP PP
$OWR LQWHULRU
PP
'LDPHWUR SL]]D 1z GH SL]]DV
PP
7HPSHUDWXUD P¡[LPD
z&
: 9 IDVHV
6;/ /
6;/
6;/
6;/ /
6;/
3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ 3 9 3 ½ 'LJLWDO
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
0RG %$6,& ;/
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ *UDQ YHQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
5HJXODGRU VDOLGD GH YDSRUHV
0RG 683(5,25 */$66 ;/ /X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
683(5,25 */$66
;/
;/
;/ /
;/
$QFKR H[WHULRU )RQGR H[WHULRU
PP PP
$OWR H[WHULRU
PP
$QFKR LQWHULRU )RQGR LQWHULRU
PP PP
$OWR LQWHULRU 'LDPHWUR SL]]D 1z GH SL]]DV
PP PP
z& : 9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
6;/
6;/
6;/ /
6;/
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ *UDQ YHQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
5HJXODGRU VDOLGD GH YDSRUHV
/X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
0RG 683(5,25 */$66 ;/ 3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
683(5,25 */$66
;/
$QFKR H[WHULRU
PP
)RQGR H[WHULRU $OWR H[WHULRU
PP PP
;/ /
;/
$QFKR LQWHULRU
PP
)RQGR LQWHULRU $OWR LQWHULRU
PP PP
'LDPHWUR SL]]D
PP
1z GH SL]]DV 7HPSHUDWXUD P¡[LPD
z&
: 9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
6;/
6;/
6;/ /
6;/
3RWHQFLD $OLPHQWDFL³Q
0HVD VRSRUWH
&XDGUR GH PDQGRV YHUVLyQ GLJLWDO
;/
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 08/7,862 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV /X] LQWHULRU
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ 127$ 9HU FiPDUDV GH IHUPHQWDFLyQ HQ SiJ
75$<6 $QFKR H[WHULRU )RQGR H[WHULRU $OWR H[WHULRU $QFKR LQWHULRU )RQGR LQWHULRU $OWR LQWHULRU 'LDPHWUR SL]]D 1z GH SL]]DV 1z GH EDQGHMDV [
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ 3 9 3 ½ 'LJLWDO
0HVD VRSRUWH $QFKR )RQGR $OWR &XDGUR GH PDQGRV YHUVLyQ GLJLWDO
0RG 75$<6
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
/
PP PP PP PP PP PP PP
z& : 9 IDVHV
67
67
67 /
67
PP PP PP
5HI
+25126 3,==$ 08/7,862 *UDQ YHQWDQD GH FULVWDO HQ OD SXHUWD
/X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ 127$ 9HU FiPDUDV GH IHUPHQWDFLyQ HQ SiJ
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
75$<6
/
$QFKR H[WHULRU )RQGR H[WHULRU
PP PP
$OWR H[WHULRU $QFKR LQWHULRU
PP PP
)RQGR LQWHULRU $OWR LQWHULRU 'LDPHWUR SL]]D 1z GH SL]]DV 1z GH EDQGHMDV [
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
PP PP PP
z& : 9 IDVHV
67
67
67 /
67
PP PP PP
3 9 3 ½ 3 9 3 ½ 'LJLWDO
0HVD VRSRUWH $QFKR )RQGR $OWR &XDGUR GH PDQGRV YHUVLyQ GLJLWDO
0RG 75$<6
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 08/7,862 NOVEDAD 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
/X] LQWHULRU
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
0RG 75$<6 */$66
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ 127$ 9HU FiPDUDV GH IHUPHQWDFLyQ HQ SiJ
75$<6 */$66
/
$QFKR H[WHULRU )RQGR H[WHULRU $OWR H[WHULRU $QFKR LQWHULRU
PP PP PP PP
)RQGR LQWHULRU
PP
$OWR LQWHULRU 'LDPHWUR SL]]D 1z GH SL]]DV
PP PP
z& : 9 IDVHV
3 9 3 ½
3 9 3 ½ 'LJLWDO
67
67
67 /
67
1z GH EDQGHMDV [
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
0HVD VRSRUWH
$QFKR
PP
)RQGR
PP
$OWR
PP
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
5HI
+25126 3,==$ 08/7,862 *UDQ YHQWDQD GH FULVWDO HQ OD SXHUWD
NOVEDAD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV EOLQGDGDV
3XHUWD \ IURQWDO GH DFHUR LQR[LGDEOH
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
0RG 75$<6 */$66
/X] LQWHULRU
127$ 9HU FDPSDQDV H[WUDFFLyQ HQ SiJ 127$ 9HU RSFLRQHV GH SLHGUDV UHIUDF WDULDV VXSOHPHQWDULDV HQ SiJ 127$ 9HU FiPDUDV GH IHUPHQWDFLyQ HQ SiJ
75$<6 */$66 $QFKR H[WHULRU )RQGR H[WHULRU $OWR H[WHULRU $QFKR LQWHULRU )RQGR LQWHULRU $OWR LQWHULRU 'LDPHWUR SL]]D 1z GH SL]]DV 1z GH EDQGHMDV [
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ 3 9 3 ½ 'LJLWDO
0HVD VRSRUWH $QFKR )RQGR $OWR
3 9 3 ½ 3 9 3 ½ FRQ UXHGDV
/
PP PP PP PP PP PP PP
z& : 9 IDVHV
67
67
67 /
67
PP PP PP
5HI
+25126 3,==$ $ *$6 9HQWDQD GH FULVWDO HQ OD SXHUWD
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
'REOH TXHPDGRU LQIHULRU VXSHULRU
0RG *
3ODQR GH FRFFLyQ GH PDWHULDO UHIUDFWDULR
/X] LQWHULRU
*
*
*
$QFKR H[WHULRU
PP
)RQGR H[WHULRU
PP
$OWR H[WHULRU $QFKR LQWHULRU
PP PP
)RQGR LQWHULRU $OWR LQWHULRU
PP PP
'L¡PHWUR SL]]D
PP
1z SL]]DV &DSDFLGDG W©UPLFD
NFDO K
7HPSHUDWXUD P¡[LPD $OLPHQWDFL³Q (O©F
z& 9 IDVHV
3 9 3 ½
0HVD VRSRUWH
6*
6*
6*
$QFKR )RQGR
PP PP
$OWR
PP
3 9 3 ½
5HI
& 0$5$6 '( )(50(17$&, 1 NOVEDAD
&RPELQDEOHV FRQ ORV KRUQRV 75$<6 \ 75$<6 */$66
7HUPRVWDWR GH UHJXODFLyQ
3XHUWD GH FULVWDO
(TXLSDGDV FRQ UXHGDV
0RG &) 127$ 0RGHORV \ FRQ DOWXUD DGHFXDGD SDUD FRPELQDU FRQ KRUQRV DSLODGRV FiPDUDV
&)
/ /
/ / /
$QFKR H[WHULRU )RQGR H[WHULRU
PP PP
$OWR H[WHULRU 1z GH EDQGHMDV [
PP
'LVWDQFLD HQWUH EDQGHMDV
PP
7HPSHUDWXUD 3RWHQFLD
z& :
$OLPHQWDFL³Q
9 IDVHV
3 9 3 ½
5HI
&$03$1$6 (;75$&&,Â&#x201C;1
0RG .%
127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH FRQ PRWRU HOpFWULFR GH : FRQ HO TXH VH FRQVLJH XQ FDXGDO GH P K 7DPELHQ EDMR SHGLGR HVWi GLVSRQLEOH XQ UHJXODGRU HOHFWUyQLFR GH YHORFLGDG
%$6,&
.%
.%
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR WXER VDOLGD
PP
3 9 3 ½
%$6,& ;/ 683(5,25 */$66
.;/ / /
.;/
.;/
.;/ / /
.;/
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR WXER VDOLGD
PP
3 9 3 ½
75$<6 75$<6 */$66
.7
.7
.7 / /
.7
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR WXER VDOLGD
PP
3 9 3 ½
$FFHVRULRV
3 9 3 ½
0RWRU 5HJXODGRU GH YHORFLGDG
5HI
23&,21(6 5()5$&7$5,2
%$6,& ;/
2SFLyQ 5 FRQ SLHUGD UHIUDFWDULD VXSHULRU
/
/
3LHGUD VXSHULRU
%;/ 5
%;/ 5
%;/ 5
%;/ /5
%;/ 5
7RGR UHIUDFWDULR
%;/ 75
%;/ 75
%;/ 75
%;/ /75
%;/ 75
3 9 3 ½ 3LHGUD VXSHULRU
3 9 3 ½ 7RGR UHIUDFWDULR
%$6,& ;/
/
/
3LHGUD VXSHULRU
%;/ 5
%;/ 5
%;/ 5
%;/ /5
%;/ 5
7RGR UHIUDFWDULR
%;/ 75
%;/ 75
%;/ 75
%;/ /75
%;/ 75
3 9 3 ½ 3LHGUD VXSHULRU
3 9 3 ½ 7RGR UHIUDFWDULR
;/
;/
;/ /
;/
683(5,25 */$66 3LHGUD VXSHULRU
%;/ 5
%;/ 5
%;/ /5
%;/ 5
7RGR UHIUDFWDULR
%;/ 75
%;/ 75
%;/ /75
%;/ 75
3 9 3 ½ 3LHGUD VXSHULRU
3 9 3 ½ 7RGR UHIUDFWDULR
683(5,25 */$66
;/
;/
;/ /
;/
3LHGUD VXSHULRU
%;/ 5
%;/ 5
%;/ /5
%;/ 5
7RGR UHIUDFWDULR
%;/ 75
%;/ 75
%;/ /75
%;/ 75
3 9 3 ½ 3LHGUD VXSHULRU
3 9 3 ½ 7RGR UHIUDFWDULR
/
75$<6
2SFLyQ 75 FRQ SLHGUDV UHIUDFWDULDV HQ WRGD OD FiPDUD
3LHGUD VXSHULRU
7 5
7 5
7 /5
7 5
7RGR UHIUDFWDULR
7 75
7 75
7 /75
7 75
3 9 3 ½ 3LHGUD VXSHULRU
3 9 3 ½ 7RGR UHIUDFWDULR
/
75$<6 3LHGUD VXSHULRU
7 5
7 5
7 /5
7 5
7RGR UHIUDFWDULR
7 75
7 75
7 /75
7 75
3 9 3 ½ 3LHGUD VXSHULRU 3 9 3 ½ 7RGR UHIUDFWDULR
5HI
+25126 3,==$ '( &,17$ $GPLWH SL]]DV GH KDVWD FP GH GLiPHWUR
0RG &
5HJXODFLyQ LQGHSHQGLHQWH GH ODV UHVLVWHQFLDV GH FLHOR \ VROHUD
9HORFLGDG GH OD FLQWD YDULDEOH
$QFKR H[WHULRU )RQGR H[WHULRU $OWR H[WHULRU 3URGXFFL³Q SL]]DV K PP
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
&
PP PP PP z& : 9 IDVHV
5HI
+25126 3,==$ '( &,17$ 0HVD VRSRUWH 60 RSFLRQDO
$LVODPLHQWR GH ODQD PLQHUDO HYDSRUDGD
5HVLVWHQFLDV HQ FLHOR \ VROHUD
&RQWURO LQGHSHQGLHQWH GH WHPSHUDWXUDV GH FLHOR \ VROHUD \ GH YHORFLGDG 7RWDOPHQWH GLJLWDO
7RWDOPHQWH HQ DFHUR LQR[LGDEOH
0RG 3% 0$7,&
3% 0$7,&
$QFKR H[WHULRU
PP
)RQGR H[WHULRU
PP
$OWR H[WHULRU $QFKR LQWHULRU )RQGR LQWHULRU $OWR LQWHULRU 3URGXFFL³Q SL]]DV K PP
PP PP PP PP
z& : 9 IDVHV
3 9 3 ½
0HVD VRSRUWH
60
$QFKR
PP
)RQGR
PP
$OWR
PP
7HPSHUDWXUD P¡[LPD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
5HI
$0$6$'25$6
(TXLSDGD FRQ WHPSRUL]DGRU
&XED HVSLUDO \ UHMLOOD GH DFHUR LQR[LGDEOH
/D SDUWLFXODU IRUPD GH OD HVSLUDO SHUPLWH REWHQHU XQD PDVD SHUIHFWDPHQWH KRPRJpQLD HQ SRFRV PLQXWRV
(O UHGXFWRU FRQ EDxR GH DFHLWH OH FRQÃ&#x20AC; HUH XQ IXQFLRQDPLHQWR VLOHQFLRVR
(TXLSDGDV FRQ UXHGDV
0RG ,%0
,%0
$QFKR )RQGR
PP PP
$OWR
PP
&DSDFLGDG FXED 3RWHQFLD
O :
9 IDVHV
$OLPHQWDFL³Q
3 9 3 ½
5HI
$0$6$'25$6
(TXLSDGD FRQ WHPSRUL]DGRU
&XED HVSLUDO \ UHMLOOD GH DFHUR LQR[LGDEOH
/D SDUWLFXODU IRUPD GH OD HVSLUDO SHUPLWH REWHQHU XQD PDVD SHUIHFWDPHQWH KRPRJpQLD HQ SRFRV PLQXWRV
(O UHGXFWRU FRQ EDxR GH DFHLWH OH FRQÃ&#x20AC; HUH XQ IXQFLRQDPLHQWR VLOHQFLRVR
(TXLSDGDV FRQ UXHGDV
0RG ,%0 127$ %DMR SHGLGR ORV PRGHORV ,%7 SXHGHQ VXPLQLVWUDUVH D YHORFLGDGHV
,%0 ,%7
$QFKR
PP
)RQGR
PP
$OWR &DSDFLGDG FXED
PP O
3RWHQFLD
:
$OLPHQWDFL³Q ,%0
9 IDVHV
$OLPHQWDFL³Q ,%7
9 IDVHV
3 9 3 ½ ,%0 3 9 3 ½ ,%7 $FFHVRULRV
YHORFLGDGHV V³OR SDUD WULI¡VLFDV
3 9 3 ½
5HI
$0$6$'25$6
/D SDUWLFXODU IRUPD GH OD HVSLUDO SHUPLWH REWHQHU XQD PDVD SHUIHFWDPHQWH KRPRJpQLD HQ SRFRV PLQXWRV
(TXLSDGD FRQ WHPSRUL]DGRU
(O UHGXFWRU FRQ EDxR GH DFHLWH OH FRQÃ&#x20AC; HUH XQ IXQFLRQDPLHQWR VLOHQFLRVR
&XED HVSLUDO \ UHMLOOD GH DFHUR LQR[LGDEOH
(TXLSDGDV FRQ UXHGDV
0RG ,75
127$ %DMR SHGLGR ORV PRGHORV ,75 SXHGHQ VXPLQLVWUDUVH D YHORFLGDGHV
,05 ,75
PP PP
$OWR &DSDFLGDG FXED 3RWHQFLD ,05
3RWHQFLD ,75
$OLPHQWDFL³Q ,05
PP O : : 9 IDVHV
$OLPHQWDFL³Q ,75
9 IDVHV
$QFKR )RQGR
3 9 3 ½ ,05 3 9 3 ½ ,75 $FFHVRULRV
3 9 3 ½
YHORFLGDGHV V³OR SDUD WULI¡VLFDV
5HI
)250$'25$6 3,==$
3HUPLWH IRUPDU SL]]DV GH HQWUH \ FP
&RQVWUXLGDV HQ DFHUR LQR[LGDEOH
0RG '0$
$MXVWH GHO JURVRU GH OD SL]]D
3HUPLWH IRUPDU SL]]DV GH HQWUH \ FP
0RG '0$ 127$ 0RGHOR '0$ QR UHTXLHUH UHDMXVWH GH ORV URGLOORV DQWHV GH OD VHJXQGD SDVDGD GH OD PDVD
'0$
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR SL]]D
PP
JU
3HVR SDVWD HODERUDGD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
:
9 IDVHV
5HI
)250$'25$6 3,==$ $MXVWH GHO JURVRU GH OD PDVD HQ OD SULPHUD SDVDGD
6LVWHPD RVFLODQWH SDUD HO JLUR DXWRPiWLFR GH OD SL]]D
&RQVWUXLGDV HQ DFHUR LQR[LGDEOH
0RG '6$ &RQH[LyQ GHO FRQWURO D SHGDO RSFLRQDO HQ ORV PRGHORV \
$MXVWH GHO JURVRU GH OD SL]]D
&RQH[LyQ GHO FRQWURO D SHGDO TXH VH VLUYH GH VHULH HQ ORV PRGHORV 53 \ 53
0RG '6$ 53
'6$
53
53
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR SL]]D
PP
JU
3HVR SDVWD HODERUDGD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ $FFHVRULRV
&RQWURO SRU SHGDO
:
9 IDVHV
3 9 3 ½
5HI
)250$'25$6 3,==$ 8Q VHQVRU GHWHFWD OD HQWUDGD GH PDVD \ SRQH HQ PDUFKD OD PiTXLQD
$MXVWH GHO JURVRU GH OD PDVD HQ OD SULPHUD SDVDGD $MXVWH GHO WLHPSR GH SDUDGD
&RQWDGRU GH SL]]DV
6LVWHPD RVFLODQWH SDUD HO JLUR DXWRPiWLFR GH OD SL]]D
&RQVWUXLGDV HQ DFHUR LQR[LGDEOH
$MXVWH GHO JURVRU GH OD SL]]D
0RG '6$ 7*
'6$
7*
7*
$QFKR
PP
)RQGR
PP
$OWR
PP
'L¡PHWUR SL]]D
PP
JU
3HVR SDVWD HODERUDGD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
:
9 IDVHV
5HI