Está en la página 1de 3

7006 

,16758&&,21(6
$FRQWLQXDFLyQHQFRQWUDUiDOJXQDVDILUPDFLRQHVVREUHVXVHPRFLRQHV\VHQWLPLHQWRV/HDDWHQWDPHQWHFDGDIUDVH\
LQGLTXHSRUIDYRUHOJUDGRGHDFXHUGRRGHVDFXHUGRFRQUHVSHFWRDODVPLVPDV6HxDOHFRQXQD³;´ODUHVSXHVWDTXH
PiVVHDSUR[LPHDVXVSUHIHUHQFLDV
1RKD\UHVSXHVWDVFRUUHFWDVRLQFRUUHFWDVQLEXHQDVRPDODV
1RHPSOHHPXFKRWLHPSRHQFDGDUHVSXHVWD

    
1DGDGH $OJRGH %DVWDQWHGH 0X\GH 7RWDOPHQWHGH
$FXHUGR $FXHUGR DFXHUGR $FXHUGR DFXHUGR



  3UHVWRPXFKDDWHQFLyQDORVVHQWLPLHQWRV     
  1RUPDOPHQWHPHSUHRFXSRPXFKRSRUORTXHVLHQWR     

  1RUPDOPHQWHGHGLFRWLHPSRDSHQVDUHQPLVHPRFLRQHV     

  3LHQVRTXHPHUHFHODSHQDSUHVWDUDWHQFLyQDPLVHPRFLRQHV\HVWDGRGHiQLPR     

  'HMRTXHPLVVHQWLPLHQWRVDIHFWHQDPLVSHQVDPLHQWRV     

  3LHQVRHQPLHVWDGRGHiQLPRFRQVWDQWHPHQWH     

  $PHQXGRSLHQVRHQPLVVHQWLPLHQWRV     

  3UHVWRPXFKDDWHQFLyQDFyPRPHVLHQWR     

  7HQJRFODURVPLVVHQWLPLHQWRV     

  )UHFXHQWHPHQWHSXHGRGHILQLUPLVVHQWLPLHQWRV     

  &DVLVLHPSUHVpFyPRPHVLHQWR     

  1RUPDOPHQWHFRQR]FRPLVVHQWLPLHQWRVVREUHODVSHUVRQDV     

  $PHQXGRPHGR\FXHQWDGHPLVVHQWLPLHQWRVHQGLIHUHQWHVVLWXDFLRQHV     

  6LHPSUHSXHGRGHFLUFyPRPHVLHQWR     

  $YHFHVSXHGRGHFLUFXiOHVVRQPLVHPRFLRQHV     

  3XHGROOHJDUDFRPSUHQGHUPLVVHQWLPLHQWRV     

  $XQTXHDYHFHVPHVLHQWRWULVWHVXHORWHQHUXQDYLVLyQRSWLPLVWD     

  $XQTXHPHVLHQWDPDOSURFXURSHQVDUHQFRVDVDJUDGDEOHV     

  &XDQGRHVWR\WULVWHSLHQVRHQWRGRVORVSODFHUHVGHODYLGD     

  ,QWHQWRWHQHUSHQVDPLHQWRVSRVLWLYRVDXQTXHPHVLHQWDPDO     

  6LGR\GHPDVLDGDVYXHOWDVDODVFRVDVFRPSOLFiQGRODVWUDWRGHFDOPDUPH     

  0HSUHRFXSRSRUWHQHUXQEXHQHVWDGRGHiQLPR     

  7HQJRPXFKDHQHUJtDFXDQGRPHVLHQWRIHOL]     

  &XDQGRHVWR\HQIDGDGRLQWHQWRFDPELDUPLHVWDGRGHiQLPR     



/D7006HVWiEDVDGDHQ7UDLW0HWD0RRG6FDOH 7006 GHOJUXSRGHLQYHVWLJDFLyQGH6DORYH\\
0D\HU/DHVFDODRULJLQDOHVXQDHVFDODUDVJRTXHHYDO~DHOPHWDFRQRFLPLHQWRGHORVHVWDGRVHPRFLRQDOHV
PHGLDQWHtWHPV(QFRQFUHWRODVGHVWUH]DVFRQODVTXHSRGHPRVVHUFRQVFLHQWHVGHQXHVWUDVSURSLDV
HPRFLRQHVDVtFRPRGHQXHVWUDFDSDFLGDGSDUDUHJXODUODV
 /D7006FRQWLHQHWUHVGLPHQVLRQHVFODYHVGHOD,(FRQtWHPVFDGDXQDGHHOODV
3HUFHSFLyQHPRFLRQDO&RPSUHQVLyQGHVHQWLPLHQWRV\5HJXODFLyQHPRFLRQDO(QODWDEODVHPXHVWUDQ
ORVWUHVFRPSRQHQWHV

7DEOD&RPSRQHQWHVGHOD,(HQHOWHVW


 'HILQLFLyQ
3HUFHSFLyQ 6R\FDSD]GHVHQWLU\H[SUHVDUORV
 VHQWLPLHQWRVGHIRUPDDGHFXDGD

&RPSUHQVLyQ &RPSUHQGRELHQPLVHVWDGRV
 HPRFLRQDOHV

5HJXODFLyQ 6R\FDSD]GHUHJXODUORVHVWDGRV
 HPRFLRQDOHVFRUUHFWDPHQWH



(YDOXDFLyQ

3DUDFRUUHJLU\REWHQHUXQDSXQWXDFLyQHQFDGDXQRGHORVIDFWRUHVVXPHORVLWHPVGHODOSDUDHO
IDFWRUSHUFHSFLyQORVtWHPVGHODOSDUDHOIDFWRUFRPSUHQVLyQ\GHODOSDUDHOIDFWRU
UHJXODFLyQ/XHJRPLUHVXSXQWXDFLyQHQFDGDXQDGHODVWDEODVTXHVHSUHVHQWDQ6HPXHVWUDQORVSXQWRV
GHFRUWHSDUDKRPEUHV\PXMHUHVSXHVH[LVWHQGLIHUHQFLDVHQODVSXQWXDFLRQHVSDUDFDGDXQRGHHOORV
5HFXHUGHTXHODYHUDFLGDG\ODFRQILDQ]DGHORVUHVXOWDGRVREWHQLGRVGHSHQGHQGHORVLQFHURTXHKD\D
VLGRDOUHVSRQGHUDODVSUHJXQWDV


 3XQWXDFLRQHV 3XQWXDFLRQHV
 +RPEUHV 0XMHUHV
'HEHPHMRUDUVXSHUFHSFLyQSUHVWD 'HEHPHMRUDUVXSHUFHSFLyQSUHVWD
3HUFHSFLyQ SRFDDWHQFLyQ SRFDDWHQFLyQ
 

 $GHFXDGDSHUFHSFLyQ $GHFXDGDSHUFHSFLyQ
D D

 'HEHPHMRUDUVXSHUFHSFLyQSUHVWD 'HEHPHMRUDUVXSHUFHSFLyQSUHVWD
GHPDVLDGDDWHQFLyQ GHPDVLDGDDWHQFLyQ
! !





 3XQWXDFLRQHV 3XQWXDFLRQHV
 +RPEUHV 0XMHUHV
'HEHPHMRUDUVXFRPSUHQVLyQ 'HEHPHMRUDUVXFRPSUHQVLyQ
&RPSUHQVLyQ  


 $GHFXDGDFRPSUHQVLyQ $GHFXDGDFRPSUHQVLyQ
D D

 ([FHOHQWHFRPSUHQVLyQ ([FHOHQWHFRPSUHQVLyQ
! !







 3XQWXDFLRQHV 3XQWXDFLRQHV
 +RPEUHV 0XMHUHV
'HEHPHMRUDUVXUHJXODFLyQ 'HEHPHMRUDUVXUHJXODFLyQ
5HJXODFLyQ  

 $GHFXDGDUHJXODFLyQ $GHFXDGDUHJXODFLyQ
D D

 ([FHOHQWHUHJXODFLyQ ([FHOHQWHUHJXODFLyQ
! !


$OJXQDVUHIHUHQFLDVVREUHODXWLOL]DFLyQGHODHVFDOD

([WUHPHUD1\)HUQiQGH]%HUURFDO3  5HODWLRQRISHUFHLYHGHPRWLRQDOLQWHOOLJHQFHDQGKHDOWK
UHODWHGTXDOLW\RIOLIHLQPLGGOHDJHGZRPHQ3V\FKRORJLFDO5HSRUW

([WUHPHUD1)HUQiQGH]%HUURFDO3\'XUiQ$  ,QWHOLJHQFLDHPRFLRQDO\EXUQRXWHQSURIHVRUHV
(QFXHQWURVHQ3VLFRORJtD6RFLDO

([WUHPHUD1)HUQiQGH]%HUURFDO30HVWUH-0\*XLO5 HQUHYLVLyQ 0HGLGDVGHHYDOXDFLyQGHODLQWHOLJHQFLD
HPRFLRQDO5HYLVWD/DWLQRDPHULFDQDGH3VLFRORJtD

)HUQiQGH]%HUURFDO3\5DPRV1  (YDOXDQGRODLQWHOLJHQFLDHPRFLRQDO)HUQiQGH]%HUURFDO3\5DPRV1
(GV &RUD]RQHVLQWHOLJHQWHV(GLWRULDO.DLUyV%DUFHORQD

)HUQiQGH]%HUURFDO3$OFDLGH5'RPtQJXH]()HUQiQGH]0F1DOO\&5DPRV16\5DYLUD0
 $GDSWDFLyQDOFDVWHOODQRGHODHVFDODUDVJRGHPHWDFRQRFLPLHQWRVREUHHVWDGRV
HPRFLRQDOHVGH6DORYH\HWDOGDWRVSUHOLPLQDUHV/LEURGH$FWDVGHO9&RQJUHVRGH(YDOXDFLyQ
3VLFROyJLFD0iODJD

)HUQiQGH]%HUURFDO3([WUHPHUD1\5DPRV1 HQSUHQVD 9DOLGLW\DQGUHOLDELOLW\RIWKH6SDQLVK
PRGLILHGYHUVLRQRIWKH7UDLW0HWD0RRG6FDOH3V\FKRORJLFDO5HSRUW

6DORYH\30D\HU-'*ROGPDQ6/7XUYH\&3DOIDL73  (PRWLRQDODWWHQWLRQFODULW\
DQGUHSDLUH[SORULQJHPRWLRQDOLQWHOOLJHQFHXVLQJWKH7UDLW0HWD0RRG6FDOH(Q-:
3HQQHEDNHU (G (PRWLRQ'LVFORVXUH\+HDOWK SS :DVKLQJWRQ$PHULFDQ
3V\FKRORJLFDO$VVRFLDWLRQ


También podría gustarte