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+25126 &219(&&,Â&#x201C;1 61$&. %$1'(-$6 [ /X] LQWHULRU &iPDUD GH DFHUR HVPDOWDGR
'LVWDQFLD HQWUH EDQGHMDV PP
7HPSRUL]DGRU GH PLQXWRV
0RG 61$&. 0
127$ 1R LQFOX\H EDQGHMDV
61$&. $QFKR )RQGR $OWR &DSDFLGDG EDQGHMDV [ PP 'LVWDFLD HQWUH EDQGHMDV
0
PP PP PP PP
9HQWLODGRUHV 7HPSHUDWXUD 3RWHQFLD
z& :
$OLPHQWDFL³Q
9 IDVHV
3 9 3 ½
5HI
+25126 &219(&&,Â&#x201C;1 61$&. %$1'(-$6 [ +XPLGLÃ&#x20AC; FDGRU
'LVWDQFLD HQWUH EDQGHMDV PP
0RGHOR + * FRQ JULOO GH : QR VLPXOWiQHR FRQ IXQFLyQ KRUQR
/X] LQWHULRU
0RG 61$&. + *
7HPSRUL]DGRU GH PLQXWRV 127$ 1R LQFOX\H EDQGHMDV
61$&.
+
+ *
$QFKR )RQGR $OWR
PP PP PP
&DSDFLGDG EDQGHMDV [ PP 'LVWDFLD HQWUH EDQGHMDV
PP
9HQWLODGRUHV +XPLGLÊ&#x2C6; FDGRU *ULOO 7HPSHUDWXUD
z&
6L 1R
6L 6Â
3RWHQFLD $OLPHQWDFL³Q
: 9 IDVHV
3 9 3 ½
5HI
+25126 *$6752120 $ 3$67(/(5 $ %$1'(-$6 *1 R [ +XPLGLÀ FDGRU 'LVWDQFLD HQWUH EDQGHMDV PP
/X] LQWHULRU
7HPSRUL]DGRU GH PLQXWRV
*ULOO GH : QR VLPXOWiQHR FRQ IXQFLyQ KRUQR PRG + *
0RG 3$67 + *
127$ 1R LQFOX\H EDQGHMDV $PERV PRGHORV SXHGHQ FRQHFWDUVH D
3$67 $QFKR )RQGR $OWR &DSDFLGDG EDQGHMDV 'LVWDFLD HQWUH EDQGHMDV 9HQWLODGRUHV +XPLGLʈ FDGRU *ULOO 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
+
+ *
PP PP PP
z&
6L 1R
6L 6
: 9 IDVHV
PP
5HI
+25126 *$6752120 $ 3$67(/(5 $ %$1'(-$6 *1 R [ &RQWURO WRWDOPHQWH HOHFWUyQLFR
'LVWDQFLD HQWUH EDQGHMDV PP
0RG +& 5' 'LJLWDO
/X] LQWHULRU
+XPLGLÀ FDGRU SRU LQ\HFFLyQ HOHFWUyQLFD
)XQFLyQ SUHFDOHQWDPLHQWR
0HPyULD SDUD SURJUDPDV
0RG +& 50 0HFiQLFR
127$ 1R LQFOX\H EDQGHMDV
+& $QFKR )RQGR $OWR &DSDFLGDG EDQGHMDV 'LVWDFLD HQWUH EDQGHMDV 9HQWLODGRUHV +XPLGLʈ FDGRU 7HPSHUDWXUD 0RG 0
7HPSHUDWXUD 0RG '
3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ 0
3 9 3 ½ '
5
5
5
PP PP PP
z&
$XWRUHY 6
$XWRUHY 6
$XWRUHY 6
z& : 9 IDVHV
PP
5HI
+25126 *$6752120 $ 3$67(/(5 $ %$1'(-$6 *1 R [
+XPLGLÀ FDFLyQ HQ SRUFHQWDMH
&RQWURO WRWDOPHQWH HOHFWUyQLFR
0HPyULD SDUD SURJUDPDV
/X] LQWHULRU
)XQFLyQ SUHFDOHQWDPLHQWR
(QIULDPLHQWR DXWRPiWLFR
0RG &$5 &RQ FDSDFLGDG SDUD EDQGH MDV [ FRQ XQ SDVR HQWUH EDQGHMDV GH PP
0RG &$5 &RQ FDSDFLGDG SDUD EDQ GHMDV *1 FRQ XQ SDVR HQWUH EDQGHMDV GH PP
0RG +& 5'
127$ (O KRUQR LQFOX\H XQ FDUUR HVSHFLÀ FDU WLSR HQ SHGLGR
+&
5'
PP PP PP
9HQWLODGRUHV +XPLGLʈ FDGRU 7HPSHUDWXUD
z&
$XWRUHY 6
3RWHQFLD $OLPHQWDFL³Q
: 9 IDVHV
$QFKR )RQGR $OWR
0RG &$5
0RG &$5
3 9 3 ½
5HI
+25126 *$6752120 $ 3$67(/(5 $ %$1'(-$6 *1 R [ &RQWURO WRWDOPHQWH HOHFWUyQLFR SDUD SURJUDPDV
'LVWDQFLD HQWUH EDQGHMDV PP
+XPLGLÀ FDFLyQ HQ SRUFHQWDMH
)XQFLyQ SUHFDOHQWDPLHQWR
0RG +&* ' 'LJLWDO /X] LQWHULRU
+XPLGLÀ FDGRU SRU LQ\HFFLyQ HOHFWUyQLFD
127$ 1R LQFOX\H EDQGHMDV
+& $QFKR )RQGR $OWR &DSDFLGDG EDQGHMDV 'LVWDFLD HQWUH EDQGHMDV 9HQWLODGRUHV +XPLGLʈ FDGRU
0RG +&* 0 0HFiQLFR
*
*
*
PP PP PP
$XWRUHY 6
$XWRUHY 6
$XWRUHY 6
PP
7HPSHUDWXUD 0RG 0
&DSDFLGDG W©UPLFD
z& NFDO K
3RWHQFLD HO©FWULFD $OLPHQWDFL³Q
: 9 IDVHV
3 9 3 ½ 0
3 9 3 ½ '
5HI
127$6
/$9$9$626 < /$9$9$-,//$6
/$9$9$626
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
%UD]R LQIHULRU GH ODYDGR PDV EUD]R LQIHULRU \ VXSH ULRU GH DFODUDGR
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJ H \ GRVLÀ FDGRU GH GHWHUJHQWH 3LHV UHJXODEOHV KDVWD FP
0RG &
&
&
PP PP PP FP V PP O O
[
[
O : : : : 9 IDVHV
3 9 3 ½
$FFHVRULRV
$QFKR )RQGR $OWR &HVWR 'XUDFL³Q GHO FLFOR 3URGXFFL³Q FHVWRV KRUD $OWR P¡[LPR YDVRV &DSDFLGDG FXED &DSDFLGDG FDOGHUQ &RQVXPR DJXD FLFOR 5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUQ %RPED 3RWHQFLD WRWDO $OLPHQWDFL³Q
'27$&,Ð1
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQWR VH UHFRPLHQGD XWLOL]DU DJXD D & 127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH FRQ FHVWD FLUFXODU GH FP GH GLiPHWUR
.LW ERPED GHVDJ¼H '3 .
.LW GRVLʈ FDGRU GHWHUJHQWH '' .
.LW SLHV UHJXODEOHV FP .
.LW ERPED GH SUHVL³Q &$ .
5HI
/$9$9$626
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
0RG & FRQ EUD]R LQIHULRU GH ODYDGR \ EUD]R LQIHULRU \ VXSHULRU GH DFODUDGR 0RG & FRQ GREOH EUD]R LQIHULRU VXSHULRU GH ODYDGR DFODUDGR
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H \ GRVLร FDGRU GH GHWHUJHQWH 3LHV UHJXODEOHV KDVWD FP
0RG &
'27$&,ร 1
&
&
$QFKR )RQGR $OWR &HVWR 'XUDFLยณQ GHO FLFOR
PP PP PP FP V
[
[
3URGXFFLยณQ FHVWRV KRUD $OWR Pยก[LPR YDVRV
PP
'LยกPHWUR Pยก[LPR SODWR &DSDFLGDG FXED &DSDFLGDG FDOGHUยญQ
PP O O
&RQVXPR DJXD FLFOR
O
5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUยญQ %RPED
: : :
: 9 IDVHV
3 9 3 ยฝ
$FFHVRULRV
3RWHQFLD WRWDO $OLPHQWDFLยณQ
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQWR VH UHFRPLHQGD XWLOL]DU DJXD D ย & 127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH FRQ FHVWD FLUFXODU GH FP GH GLiPHWUR
.LW ERPED GHVDJยผH '3 .
.LW GRVLส FDGRU GHWHUJHQWH '' .
.LW SLHV UHJXODEOHV FP .
.LW ERPED GH SUHVLยณQ &$ .
5HI
/$9$9$-,//$6
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
&RQ GREOH EUD]R GH ODYDGR DFODUDGR
&RQ GRVLร FDGRUHV GH GHWHUJHQWH \ GH DEULOODQ WDGRU GH VHULH
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H
3LHV UHJXODEOHV KDVWD FP
0RG &
'27$&,ร 1
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQ WR VH UHFRPLHQGD XWLOL]DU DJXD D ย &
&
&
& 7
$QFKR )RQGR $OWR
PP PP PP
&HVWR 'XUDFLยณQ GHO FLFOR 3URGXFFLยณQ FHVWRV KRUD $OWR Pยก[LPR YDVRV 'LยกPHWUR Pยก[LPR SODWR
FP V PP PP
[
[
[
&DSDFLGDG EDQGHMDV *1 &DSDFLGDG FXED
O
&DSDFLGDG FDOGHUยญQ &RQVXPR DJXD FLFOR 5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUยญQ
O O : :
: : 9 IDVHV
3 9 3 ยฝ
$FFHVRULRV
%RPED 3RWHQFLD WRWDO $OLPHQWDFLยณQ
.LW ERPED GHVDJยผH '3 .
.LW SLHV UHJXODEOHV FP .
.LW ERPED GH SUHVLยณQ &$ .
5HI
/$9$9$-,//$6 &ย 38/$
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
&RQ GREOH EUD]R GH ODYDGR DFODUDGR
&RQ GRVLร FDGRUHV GH GHWHUJHQWH \ DEULOODQWD GRU GH VHULH
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H
3LHV UHJXODEOHV HQWUH \ FP
0RG . (
'27$&,ร 1
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQ WR VH UHFRPLHQGD XWLOL]DU DJXD D ย &
$QFKR )RQGR $OWR &HVWR 'XUDFLยณQ GHO FLFOR
PP PP PP FP V
3URGXFFLยณQ FHVWRV KRUD $OWR Pยก[LPR YDVRV
PP
. (
. (
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'LยกPHWUR Pยก[LPR SODWR $OWR Pยก[LPR SHUROD &HVWD SDQ &DSDFLGDG EDQGHMDV *1 &DSDFLGDG FXED
PP PP O O
&DSDFLGDG FDOGHUยญQ &RQVXPR DJXD FLFOR 5HVLVWHQFLD FXED
O O :
5HVLVWHQFLD FDOGHUยญQ %RPED 3RWHQFLD WRWDO $OLPHQWDFLยณQ
: : : 9 IDVHV
3 9 3 ยฝ
$FFHVRULRV
.LW ERPED GHVDJยผH '3
.LW ERPED GH SUHVLยณQ &$
5HI
/$9$9$-,//$6 &ย 38/$
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
&RQ GREOH EUD]R GH ODYDGR DFODUDGR
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H
&RQ GRVLร FDGRUHV GH GHWHUJHQWH \ DEULOODQWD GRU GH VHULH
3LHV UHJXODEOHV HQWUH \ FP
0RG . (
$QFKR )RQGR $OWR &HVWR 'XUDFLยณQ GHO FLFOR
PP PP PP FP V
3URGXFFLยณQ FHVWRV KRUD $OWR Pยก[LPR YDVRV
PP
'27$&,ร 1 . (
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQ WR VH UHFRPLHQGD XWLOL]DU DJXD D ย &
. (
[ [
PP PP PP
&DSDFLGDG FXED &DSDFLGDG FDOGHUยญQ &RQVXPR DJXD FLFOR
O O O
5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUยญQ %RPED 3RWHQFLD WRWDO $OLPHQWDFLยณQ
: : : : 9 IDVHV
[
3 9 3 ยฝ
$FFHVRULRV
'LยกPHWUR Pยก[LPR SODWR $OWR Pยก[LPR SHUROD &HVWD SDQ &DSDFLGDG EDQGHMDV *1 &DSDFLGDG EDQGHMDV [
'27$&,ร 1 . (
. (
.LW ERPED GHVDJยผH '3
.LW ERPED GH SUHVLยณQ &$
5HI
/$9$2%-(726
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
&RQ GREOH EUD]R GH ODYDGR DFODUDGR
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H
&RQ GRVLร FDGRUHV GH GHWHUJHQWH \ DEULOODQWD GRU GH VHULH
0RG . (
'27$&,ร 1
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$QFKR )RQGR $OWR &HVWR 'XUDFLยณQ GHO FLFOR 3URGXFFLยณQ FHVWRV KRUD 'LยกPHWUR Pยก[LPR SODWR
PP PP PP FP V PP
[
$OWR Pยก[LPR SHUROD &HVWD SDQ
PP O
&DSDFLGDG EDQGHMDV *1 &DSDFLGDG EDQGHMDV *1 &DSDFLGDG EDQGHMDV [ &DSDFLGDG FXED &DSDFLGDG FDOGHUยญQ
O O
&RQVXPR DJXD FLFOR 5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUยญQ
O : :
: : 9 IDVHV
3 9 3 ยฝ
$FFHVRULRV
3 9 3 ยฝ
%RPED 3RWHQFLD WRWDO $OLPHQWDFLยณQ
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQ WR VH UHFRPLHQGD XWLOL]DU DJXD D ย &
.LW ERPED GHVDJยผH '3
.LW ERPED GH SUHVLยณQ &$
5HI
/$9$2%-(726
&XED \ EUD]RV HVWDPSDGRV GH DFHUR LQR[LGDEOH
&RQ GREOH EUD]R GH ODYDGR DFODUDGR
3UHGLVSRVLFLyQ HOpFWULFD SDUD ERPED GH GHVDJย H
&RQ GRVLร FDGRUHV GH GHWHUJHQWH \ DEULOODQWD GRU GH VHULH
0RG . ( $QFKR )RQGR $OWR &HVWR 'XUDFLยณQ GHO FLFOR 3URGXFFLยณQ FHVWRV KRUD 'LยกPHWUR Pยก[LPR SODWR $OWR Pยก[LPR SHUROD &HVWD SDQ &DSDFLGDG EDQGHMDV *1 &DSDFLGDG EDQGHMDV *1
'27$&,ร 1 . (
'27$&,ร 1 . (
. (
. (
PP PP PP FP V
[
[ [
[
PP PP O
&DSDFLGDG EDQGHMDV [ &DSDFLGDG FXED
O
&DSDFLGDG FDOGHUยญQ &RQVXPR DJXD FLFOR 5HVLVWHQFLD FXED 5HVLVWHQFLD FDOGHUยญQ %RPED
O O : : :
[ [ [
: 9 IDVHV
3 9 3 ยฝ
$FFHVRULRV
3RWHQFLD WRWDO $OLPHQWDFLยณQ
127$ 3DUD XQ PD\RU DKRUUR HQHUJpWLFR \ Pi[LPR UHQGLPLHQ WR VH UHFRPLHQGD XWLOL]DU DJXD D ย &
3 9 3 ยฝ
.LW ERPED GHVDJยผH '3
.LW ERPED GH SUHVLยณQ &$
5HI
127$6
$50$5,26 9,12
$50$5,26 9,12 NOVEDAD
/X] LQWHULRU
/X] LQWHULRU
0RG 0,1, %$&2 3
0RG %$&2 3 HVWDQWHV HQ ERWHOOHUR
0,1,%$&2 3
%$&2 3
$QFKR
PP
)RQGR
PP
$OWR
PP
O
&DSDFLGDG ERWHOODV
(VWDQWHV
&DSDFLGDG
7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
0DUFR GH DOXPLQLR
z& :
9 IDVHV
5HI
$50$5,2 9,12 &RQWURO GLJLWDO
/X] LQWHULRU
3XHUWD UHYHUVLEOH GH FULVWDO FXUYR
(VWDQWHV GH PDGHUD
3LHV UHJXODEOHV
0RG %$&2 %$&2 $QFKR )RQGR $OWR &DSDFLGDG &DSDFLGDG ERWHOODV (VWDQWHV 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ $FFHVRULRV (VWDQWH PDGHUD FRPSOHPHQWDULR
PP PP PP O
z& : 9 IDVHV
3 9 3 ½
5HI
$50$5,26 '( 6(59,&,2 < %$-202675$'25(6
$50$5,26 5()5,*(5$'26 61$&. 71 NOVEDAD
&RQWURO GLJLWDO
8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
3XHUWD FRQ DXWRFLHUUH
$LVODPLHQWR GH PP
,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 71 39 127$ 9HU DFFHVRULRV HQ SiJ
(.2
$QFKR )RQGR $OWR &DSDFLGDG 'RWDFLยณQ HVWDQWHV SODVWLส FDGRV 'RWDFLยณQ FXEHWDV * SOยกVWLFR 5HIULJHUDFLยณQ
0RG (.2 71 )+ (VSHFLDO SHVFDGR
0RG (.2 71
PP PP PP O
'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
3 9 3 ยฝ
z& : 9 IDVHV
71
71 )+
71 39
9HQWLODGD
9HQWLODGD
9HQWLODGD
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
5HI
$50$5,26 5()5,*(5$'26 61$&. %7 NOVEDAD
&RQWURO GLJLWDO
8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
3XHUWD FRQ DXWRFLHUUH
$LVODPLHQWR GH PP
,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 %7 127$ 9HU DFFHVRULRV HQ SiJ
(.2
$QFKR
PP
PP PP
O
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
z& : 9 IDVHV
7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
3 9 3 ยฝ
%7 39
)RQGR $OWR &DSDFLGDG 'RWDFLยณQ HVWDQWHV SODVWLส FDGRV 5HIULJHUDFLยณQ 'HVFDUFKH
0RG (.2 %7 39
%7
5HI
$50$5,26 5()5,*(5$'26 71 NOVEDAD &RQWURO GLJLWDO 8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
3XHUWD UHYHUVLEOH \ FRQ DXWRFLHUUH
$LVODPLHQWR GH PP ,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 71 3
127$ 9HU DFFHVRULRV HQ SiJ
(.2
$QFKR )RQGR $OWR &DSDFLGDG 'RWDFLยณQ HVWDQWHV SODVWLส FDGRV *1
PP PP PP O
5HIULJHUDFLยณQ 'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
0RG (.2 71
0RG (.2 71 39
3 9 3 ยฝ
z& : 9 IDVHV
71
71 3
71 39
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
5HI
$50 3$67(/(5ย $ 5()5,*(5$'26 71 NOVEDAD 5HJXODGRU YHORFLGDG YHQWLODGRU &RQWURO GLJLWDO
8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
3XHUWD UHYHUVLEOH \ FRQ DXWRFLHUUH
$LVODPLHQWR GH PP
,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 71 36 3
127$ 9HU DFFHVRULRV HQ SiJ
(.2
$QFKR )RQGR $OWR &DSDFLGDG .LW JXยญDV SDUD EDQGHMDV [
PP PP PP O
5HIULJHUDFLยณQ 'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
0RG (.2 71 36 0RG (.2 71 36 39 3 9 3 ยฝ
z& : 9 IDVHV
71 36
71 36 3
71 36 39
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
5HI
$50 5()5,*(5$'26 (67ย 7,&26 71 NOVEDAD 5HJXODGRU GH YHORFLGDG YHQWLODGRU &RQWURO GLJLWDO
8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
3XHUWD UHYHUVLEOH \ FRQ DXWRFLHUUH
$LVODPLHQWR GH PP
,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 71 (6 127$ 9HU DFFHVRULRV HQ SiJ
(.2
71 (6
71 (6 3
$QFKR
PP
)RQGR $OWR &DSDFLGDG 'RWDFLยณQ HVWDQWHV SODVWLส FDGRV *1 5HIULJHUDFLยณQ
PP PP O
(VWยกWLFD
(VWยกWLFD
'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD
z& :
$XWRPยกWLFR
$XWRPยกWLFR
$OLPHQWDFLยณQ
9 IDVHV
3 9 3 ยฝ
0RG (.2 71 (6 3
5HI
$50$5,26 5()5,*(5$'26 &$51( NOVEDAD 5HJXODGRU YHORFLGDG YHQWLODGRU 8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
&RQWURO GLJLWDO
%DUUD FDUQH
3XHUWD UHYHUVLEOH \ FRQ DXWRFLHUUH
$LVODPLHQWR GH PP
,QWHULRU \ H[WHULRU HQ DFHUR LQR[LGDEOH H[FHSWR WUDVHUD H[WHULRU \ WHFKR
ร QJXORV LQWHULRUHV UHGRQGHDGRV
3LHV UHJXODEOHV HQ DOWXUD
0RG (.2 71 (6 &1 127$ 9HU DFFHVRULRV HQ SiJ
(.2
$QFKR )RQGR $OWR &DSDFLGDG 'RWDFLยณQ HVWDQWHV SODVWLส FDGRV *1
PP PP PP O
5HIULJHUDFLยณQ 'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
3 9 3 ยฝ
0RG (.2 71 (6 &1 3
71 (6 &1 71 (6 &1 3
z& : 9 IDVHV
(VWยกWLFD $XWRPยกWLFR
(VWยกWLFD $XWRPยกWLFR
5HI
$50$5,26 5()5,*(5$'26 3(6&$'2 NOVEDAD 5HJXODGRU YHORFLGDG YHQWLODGRU &RQWURO GLJLWDO
8QLGDG IULJRUtร FD WURSLFDOL]DGD H[WUDLEOH
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3 9 3 ½ $FFHVRULRV (VWDQWH FRPSOHPHQWDULR 71
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(;329,6,21
$QFKR )RQGR $OWR &DSDFLGDG (VWDQWHV 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
PP PP PP O z& : 9 IDVHV
3 9 3 ½
5HI
$50$5,2 (;326,725 71 NOVEDAD
,OXPLQDFLyQ SRU /(' YHUWLFDO
5HIULJHUDFLyQ YHQWLODGD
(VWDQWHV UHJXODEOHV GH FULVWDO
&RQWURO GLJLWDO 5HIULJHUDFLyQ YHQWLODGD FRQ GHVFDUFKH DXWRPiWLFR
(TXLSDGDV FRQ UXHGDV
0RG (;329,6,Ð1 5
(;329,6,21
5
$QFKR )RQGR $OWR &DSDFLGDG (VWDQWHV 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
PP PP PP O z& : 9 IDVHV
3 9 3 ½
5HI
$50$5,26 (;326,725(6 71 5HIULJHUDFLyQ YHQWLODGD 7HPSHUDWXUD & &
(VWDQWHV GH FULVWDO UHJXODEOHV
0RG 41 36 5 41 36 $QFKR PP )RQGR PP $OWR PP
,OXPLQDFLyQ YHUWLFDO SRU /('
41 36 $QFKR PP )RQGR PP $OWR PP
&RQWURO GLJLWDO 41 36 $QFKR PP )RQGR PP $OWR PP
(TXLSDGR FRQ UXHGDV 41 ;/ $QFKR PP )RQGR PP $OWR PP
41 36 $QFKR PP )RQGR PP $OWR PP
41 36 $QFKR PP )RQGR PP $OWR PP
41 ;/ $QFKR PP )RQGR PP $OWR PP
41 36 $QFKR PP )RQGR PP $OWR PP
0RGHOR
(VWDQWHV 3RWHQFLD :
3 9 3 ½
41 36 6
41 36 9 41 36 5
41 36 9 41 36 5
41 ;/ 9 41 36 9
41 36 9 9 41 36 5
[
41 36 5 5
[
41 36 95 41 36 9
41 36 9 9
[
41 36 5
41 36 5 5 41 36 95
[
41 ;/ 9 9 41 36 9
[
41 36 959 41 36 9 99
5HI
$50$5,26 (;326,725(6 &+2&2/$7( 5HIULJHUDFLyQ YHQWLODGD 7HPSHUDWXUD & & +XPHGDG
0RG 41 && 9
,OXPLQDFLyQ YHUWLFDO SRU /('
(VWDQWHV GH FULVWDO UHJXODEOHV
&RQWURO GLJLWDO GH WHPSHUDWXUD \ KXPHGDG
5HVLVWHQFLD SDUD HO FRQWURO GH OD KXPHGDG
41 && $QFKR PP )RQGR PP $OWR PP
41 && $QFKR PP )RQGR PP $OWR PP
41 && $QFKR PP )RQGR PP $OWR PP
(TXLSDGR FRQ UXHGDV
0RGHOR
(VWDQWHV 3RWHQFLD :
41 && 9 41 && 5 41 && 9
41 && 5 41 && 9 41 && 5 41 && 95
[
[
[
3 9 3 ½
5HI
$50$5,26 (;326,725(6 71 %7 5HIULJHUDFLyQ YHQWLODGD 7HPSHUDWXUD & &
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0RG 41 ;/ 9 7
,OXPLQDFLyQ YHUWLFDO SRU /('
41 */ $QFKR PP )RQGR PP $OWR PP
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41 */ $QFKR PP )RQGR PP $OWR PP
(TXLSDGR FRQ UXHGDV
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0RGHOR 41 ;/ $QFKR PP )RQGR PP $OWR PP
41 */ $QFKR PP )RQGR PP $OWR PP
(VWDQWHV 3RWHQFLD :
3 9 3 ½
41 */ * 7
41 */ 5 7
41 ;/ 9 7
41 */ * * 7
[
41 */ * 5 7
[
41 */ 55 7
[
41 ;/ 9 9 7
[
41 */ * * * 7
[
41 */ * 5 * 7
[
5HI
$50$5,26 (;326,725(6 71 %7 &XHUSR GH UHIULJHUDFLyQ YHQWLODGD 7HPSHUDWXUD & &
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&RQWURO GLJLWDO
41 3* $QFKR PP )RQGR PP $OWR PP
41 3* $QFKR PP )RQGR PP $OWR PP
41 3* $QFKR PP )RQGR PP $OWR PP
41 ;/ $QFKR PP )RQGR PP $OWR PP
41 3* $QFKR PP )RQGR PP $OWR PP
0RG 41 3* 6 5
0RGHOR
(VWDQWHV 3RWHQFLD :
3 9 3 ½
41 3* 6 6
41 3* 6 9
41 3* 6 5
41 3* 6 9
41 3* 6 5 41 ;/ 6 9
41 3* 66 9 41 3* 66 5
41 3* 6 99 41 3* 6 55
5HI
$50$5,26 (;326,725(6 %7 5HIULJHUDFLyQ HVWiWLFD SRU HVWDQWHV HYDSRUDGRUHV 7HPSHUDWXUD & &
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,OXPLQDFLyQ YHUWLFDO SRU /('
41 */ $QFKR PP )RQGR PP $OWR PP
41 */ $QFKR PP )RQGR PP $OWR PP &RQWURO GLJLWDO
41 ;/ $QFKR PP )RQGR PP $OWR PP
41 */ $QFKR PP )RQGR PP $OWR PP
41 */ $QFKR PP )RQGR PP $OWR PP
41 ;/ $QFKR PP )RQGR PP $OWR PP
41 */ $QFKR PP )RQGR PP $OWR PP
0RG 41 */ 6
0RGHOR
(VWDQWHV 3RWHQFLD :
3 9 3 ½
41 */ 6
41 */ 6
41 */ 6
41 ;/ 6
41 */ 6
41 */ 6 6
[
41 */ 6
41 */ 6 6
[
41 ;/ 6 6
[
41 */ 66 6
41 */ 6 6 6
[
5HI
)$%5,&$'25$6 '( (6&$0$6
)$%5,&$'25(6 '( +,(/2 (1 (6&$0$6 3/$1$6
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(YDSRUDGRU SURWHJLGR DQWH HYHQWXDOHV EORTXHRV SRU KLHOR
&DUURFHUtD GH DFHUR LQR[LGDEOH
3DQHO GH FRQWURO D GLVWDQFLD FRQ FDEOH GH PHWURV
0RG 63
127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH VLQ XQLGDG FRQGHQ VDGRUD SDUD VHU LQVWDODGDV FRQ JUXSR D GLVWDQFLD &RQVXOWDU SUHFLRV
+LHOR HQ HVFDPDV SODQDV
63
63
$QFKR )RQGR $OWR $OWR FRQ SLHV 3URGXFFL³Q &RPSUHVRU 3RWHQFLD
PP PP PP PP NJ K :
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$OLPHQWDFL³Q
9 IDVHV
3 9 3 ½ $ DLUH
3 9 3 ½ : DJXD
3 9 3 ½ $: PL[WD
5HI
)$%5,&$'25(6 '( +,(/2 (1 (6&$0$6 3/$1$6
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%RUGHV UHGRQGHDGRV
0RG 63
(YDSRUDGRU SURWHJLGR DQWH HYHQWXDOHV EORTXHRV SRU KLHOR
3DQHO GH FRQWURO D GLVWDQFLD FRQ FDEOH GH PHWURV
127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH VLQ XQLGDG FRQGHQ VDGRUD SDUD VHU LQVWDODGDV FRQ JUXSR D GLVWDQFLD &RQVXOWDU SUHFLRV
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63
63
$QFKR )RQGR $OWR $OWR FRQ SLHV 3URGXFFL³Q &RPSUHVRU 3RWHQFLD
PP PP PP PP NJ K :
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$OLPHQWDFL³Q
9 IDVHV
3 9 3 ½ $ DLUH
3 9 3 ½ : DJXD
3 9 3 ½ $: PL[WD
5HI
)$%5,&$'25(6 '( +,(/2 (1 (6&$0$6 3/$1$6 &RQWURO GH KXPHGDG VH SXHGH UHJXODU HO QLYHO GH DJXD \ HO Á XMR GH ORV LQ\HFWRUHV SURGXFLHQGR KLHOR PDV R PHQRV VHFR
&DUURFHUtD GH DFHUR LQR[LGDEOH (YDSRUDGRU SURWHJLGR DQWH HYHQWXDOHV EORTXHRV SRU KLHOR
%RUGHV UHGRQGHDGRV
3DQHO GH FRQWURO D GLVWDQFLD FRQ FDEOH GH PHWURV
0RG 63
127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH VLQ XQLGDG FRQGHQ VDGRUD SDUD VHU LQVWDODGDV FRQ JUXSR D GLVWDQFLD &RQVXOWDU SUHFLRV
$QFKR )RQGR $OWR 3URGXFFL³Q &RPSUHVRU 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½ $ DLUH
3 9 3 ½ : DJXD
3 9 3 ½ $: PL[WD
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63
63
PP PP PP NJ K
6HPLKHUP©WLFR 6HPLKHUP©WLFR : 9 IDVHV
5HI
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&DUURFHUtD GH DFHUR LQR[LGDEOH
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(YDSRUDGRU SURWHJLGR DQWH HYHQWXDOHV EORTXHRV SRU KLHOR
3DQHO GH FRQWURO D GLVWDQFLD FRQ FDEOH GH PHWURV
0RG 63 $
127$ %DMR SHGLGR SXHGHQ VXPLQLVWUDUVH VLQ XQLGDG FRQGHQVDGRUD SDUD VHU LQVWDOD GDV FRQ JUXSR D GLVWDQFLD &RQVXOWDU SUHFLRV
$QFKR
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PP
63
63
63
63
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$OLPHQWDFL³Q
9 IDVHV
3 9 3 ½ $ DLUH
3 9 3 ½ : DJXD
3 9 3 ½ $: PL[WD
:
6HPLKHUP©WLFR 6HPLKHUP©WLFR 6HPLKHUP©WLFR 6HPLKHUP©WLFR
5HI
085$/(6 */$66 723 < 9,75,1$6 (;326,725$6
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7$*$ $QFKR )RQGR $OWR &DSDFLGDG &HVWDV 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
3 9 3 ½
z& : 9 IDVHV
PP PP PP O
5HI
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&$',
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(TXLSDGR GH VHULH FRQ FHV WDV GHVOL]DQWHV
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1(9$'$
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: 9 IDVHV
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7HUPyPHWUR \ WHUPRVWDWR
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$QFKR )RQGR
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: 9 IDVHV
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3 9 3 ½
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9,75,1$ (;326,725$ 3XHUWDV GH FULVWDO FRUUHGHUDV HQ ODGR GH VHUYLFLR
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2/<0326 $QFKR )RQGR $OWR
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&DSDFLGDG (VWDQWHV 7HPSHUDWXUD
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: 9 IDVHV
3 9 3 ½
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9,75,1$6 (;326,725$6 3XHUWDV GH FULVWDO FRUUHGHUDV HQ HO IURQWDO
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: 9 IDVHV
3 9 3 ½
5HI
9,75,1$6 (;326,725$6 &ULVWDO IURQWDO DEDWLEOH SDUD IiFLO OLPSLH]D
3XHUWDV FRUUHGHUDV HQ ODGR VHUYLFLR
5HIULJHUDFLyQ YHQWLODGD
&RQWURO HOHFWUyQLFR
3ODQR H[SRVLWRU H[WUDLEOH
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0RG (92 (92
$QFKR )RQGR $OWR (VWDQWHV 5HIULJHUDFLยณQ
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'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
z& : 9 IDVHV
9HQWLODGD
9HQWLODGD
9HQWLODGD
9HQWLODGD
9HQWLODGD
9HQWLODGD
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
3 9 3 ยฝ
$FFHVRULRV
3 9 3 ยฝ
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5HI
9,75,1$6 (;326,725$6
5HIULJHUDFLyQ YHQWLODGD
3XHUWDV FRUUHGHUDV HQ ODGR VHUYLFLR ,OXPLQDFLyQ LQWHULRU
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0RG (92.
(92 .
$QFKR )RQGR $OWR (VWDQWHV 5HIULJHUDFLยณQ
PP PP PP
'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
z& : 9 IDVHV
9HQWLODGD
9HQWLODGD
9HQWLODGD
9HQWLODGD
9HQWLODGD
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
$XWRPยกWLFR
3 9 3 ยฝ
$FFHVRULRV
3 9 3 ยฝ
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5HI
085$/ (;326,725
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/X] LQWHULRU FRQ /('
&RQWURO GLJLWDO
5HIULJHUDFLyQ YHQWLODGD FRQ GHVFDUFKH DXWRPiWLFR
5XHGDV FRQ IUHQR
0RG (925$
&RUWLQD GH QRFKH
(925$
$QFKR )RQGR $OWR
PP PP PP
O
&DSDFLGDG (VWDQWHV 7HPSHUDWXUD
z&
3RWHQFLD $OLPHQWDFL³Q
: 9 IDVHV
3 9 3 ½
5HI
085$/ (;326,725
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/X] LQWHULRU FRQ /('
&RQWURO GLJLWDO
5HIULJHUDFLyQ YHQWLODGD FRQ GHVFDUFKH DXWRPiWLFR
5XHGDV FRQ IUHQR
0RG (925$
(925$ $QFKR )RQGR $OWR &DSDFLGDG (VWDQWHV 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFL³Q
&RUWLQD GH QRFKH
3 9 3 ½
PP PP PP O z& : 9 IDVHV
5HI
085$/(6 (;326,725$6 7RWDOPHQWH HQ DFHUR LQR[LGDEOH
5HIULJHUDFLyQ YHQWLODGD
,OXPLQDFLyQ LQWHULRU
&RQWURO HOHFWUyQLFR
3ODQR H[SRVLWRU H[WUDLEOH
0RG (92 6(/)
(92 6(/)
$QFKR )RQGR $OWR (VWDQWHV 5HIULJHUDFLยณQ 'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
PP PP PP
z& : 9 IDVHV
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
3 9 3 ยฝ
$FFHVRULRV
3 9 3 ยฝ
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5HI
085$/(6 5()5,*(5$'26 /ย &7(26 NOVEDAD &RUWLQD GH QRFKH DXWR HQUROODEOH ,OXPLQDFLyQ VXSHULRU
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3DQHO GH PDQGRV HOHFWUyQLFR
0RG 98/&$12 6/ 98/&$12
$QFKR )RQGR $OWR
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(VWDQWHV 5HIULJHUDFLยณQ 'HVFDUFKH 7HPSHUDWXUD 3RWHQFLD $OLPHQWDFLยณQ
z& : 9 IDVHV
6/
6/
6/
6/
6/
6/
6/
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
9HQWLODGD $XWRPยกWLFR
3 9 3 ยฝ 3 9 3 ยฝ 9HUVLyQ LQR[
$FFHVRULRV
(9
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อ 3 9 3 ยฝ (VWDQWH FRPSO อ 3 9 3 ยฝ (VWDQWH ,QR[
อ อ
5HI
085$/(6 5()5,*(5$'26 /ย &7(26 NOVEDAD &RUWLQD GH QRFKH DXWR HQUROODEOH ,OXPLQDFLyQ VXSHULRU
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5HIULJHUDFLyQ YHQWLODGD
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3DQHO GH PDQGRV HOHFWUyQLFR
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6/
6/
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6/
6/
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6/
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$FFHVRULRV
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085$/(6 5()5,*(5$'26 )587$6 < 9(5'85$6 NOVEDAD &RUWLQD GH QRFKH DXWR HQUROODEOH ,OXPLQDFLyQ VXSHULRU
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3DQHO GH PDQGRV HOHFWUyQLFR
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)9
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9HQWLODGD 9HQWLODGD 9HQWLODGD 9HQWLODGD 9HQWLODGD 9HQWLODGD 9HQWLODGD $XWRPยกWLFR $XWRPยกWLFR $XWRPยกWLFR $XWRPยกWLFR $XWRPยกWLFR $XWRPยกWLFR $XWRPยกWLFR
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3 9 3 ยฝ 9HUVLyQ LQR[
$FFHVRULRV
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3 9 3 ยฝ
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อ 3 9 3 ยฝ (VWDQWH อ อ 3 9 3 ยฝ (VWDQWH ,QR[ อ
5HI
085$/(6 5()5,*(5$'26 &$51( NOVEDAD &RUWLQD GH QRFKH DXWR HQUROODEOH ,OXPLQDFLyQ VXSHULRU
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3DQHO GH PDQGRV HOHFWUyQLFR
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$QFKR )RQGR
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: 9 IDVHV
z&
&
&
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&
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&
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5HI
085$/(6 5()5,*(5$'26 /ย &7(26 NOVEDAD &RUWLQD GH QRFKH DXWR HQUROODEOH ,OXPLQDFLyQ VXSHULRU
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3DQHO GH PDQGRV HOHFWUyQLFR
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