HV
9XHOYDDFRORFDUDKRUDHOSRUWDFDUWXFKRV
FFRQHOFDUWXFKRGH¿OWURGHQHO
GHSyVLWRGHDJXDYDFtR\OOpQHORKDVWDOD
PDUFDPD[FRQDJXDOLPSLD
,03257$17(
$QWHVGHGHVFDOFL¿FDUODPiTXLQDUHWLUH
HOSRUWDFDUWXFKRVFFRQHOFDUWXFKR
GH¿OWURG
$FWLYDFLyQGHOLQGLFDGRUGHPHPRULD
0$9($
3DUDREWHQHUHOPi[LPRUHQGLPLHQWRGHO¿OWUR
\ODPHMRUSURWHFFLyQFRQWUDODFDOFL¿FDFLyQ
HOFDUWXFKRGH¿OWUR0$9($0$;75$G
GHEHVXVWLWXLUVHFDGDVHPDQDV
/DSDUWHVXSHULRUGHODPiTXLQDLQFRUSRUD
XQLQGLFDGRUGHPHPRULD0$9($ITXH
PXHVWUDPHGLDQWHXQVLVWHPDYLVXDOGH
EDUUDVFXiQGRGHEHUHHPSOD]DUVHHOFDUWX
FKRGHO¿OWURG
3DUDDFWLYDUHOLQGLFDGRUGHPHPRULD
0$9($ISXOVH\PDQWHQJDSXOVDGRHO
ERWyQ6WDUWKDVWDTXHODVFXDWUREDUUDVVH
LOXPLQHQGRVYHFHVHQHOLQGLFDGRU
6HPRVWUDUiXQSXQWRLQWHUPLWHQWHHQOD
HVTXLQDLQIHULRUGHUHFKDFXDQGRHOGLV
SRVLWLYRGHPHPRULDIHVWpDFWLYDGR
'HEHUtDQYLVXDOL]DUVHFXDWUREDUUDVHQHO
LQGLFDGRU
$SDUWLUGHHVWHPRPHQWRGHVDSDUHFHUi
XQDEDUUDFDGDGRVVHPDQDV6LODVEDUUDV
GHMDQGHYHUVHDODVRFKRVHPDQDV\OD
ÀHFKDSDUSDGHDFDPELHHOFDUWXFKRGH
¿OWURG
3DUDUHWLUDUHOFDUWXFKRGH¿OWURGWLUHGH
pOKDFLDDUULEDFRQD\XGDGHOWLUDGRU3DUD
LQVHUWDUXQQXHYRFDUWXFKRGH¿OWURG
SURFHGDFRPRVHGHVFULEHHQHODSDUWDGR
©3UHSDUDFLyQHLQVHUFLyQGHOFDUWXFKR
GH¿OWUR0$9($0$;75$ª\UHLQLFLH
HOLQGLFDGRUGHPHPRULD0$9($I
SXOVDQGR\PDQWHQLHQGRSXOVDGRHOERWyQ
6WDUW
i 1RWD
/DPiTXLQD7$66,02HVWiOLVWDSDUDVX
XVR
i 1RWD
3LGDXQQXHYRFDUWXFKRGH¿OWURGFXDQ
GRHOLQGLFDGRUPXHVWUHVyORXQDEDUUD/RV
FDUWXFKRV0$9($0$;75$VHFRPHUFLD
OL]DQDWUDYpVGHGLIHUHQWHVGLVWULEXLGRUHV
RGHO6HUYLFLRGHDWHQFLyQDOFOLHQWHGH
7$66,02HQ7',6&6VRORHQ
((88RHQZZZWDVVLPRFRP