5HSRUWDJHP
$ 3 0 , Î $VVRFLD§£R 3RUWXJXHVD GH 0DQXWHQ§£R ,QGXVWULDO 7HO )D[ DSPLJHUDO#PDLO WHOHSDF SW ZZZ DSPL SW
z &RQJUHVVR 1DFLRQDO GH 0DQXWHQ§£R QD (;32125 H GH 1RYHPEUR GH $ $VVRFLD§£R 3RUWXJXHVD GH 0DQXWHQ§£R ,QGXVWULDO Î $ 3 0 , UHDOL]RX QRV GLDV H GH 1RYHPEUR GH R z &RQJUHVVR 1DFLRQDO GH 0DQXWHQ§£R HP /H§D GD 3DOPHLUD 2 HYHQWR WHYH OXJDU QR &HQWUR GH &RQJUHVVRV GD (;32125 Î )HLUD ,QWHUQDFLRQDO GR 3RUWR 2V LQVFULWRV QR HYHQWR WLYHUDP GLUHLWR D SDUWLFLSDUHP QR &RQJUHVVR D WHUHP DFHVVR D GRFXPHQWD§£R H V DFWDV GR &RQJUHVVR DRV DOPR§RV GH DPERV RV GLDV GR HYHQWR DR -DQWDU GR &RQJUHVVR H DLQGD D XP &HUWLILFDGR GH 3UHVHQ§D 5HILUD VH DLQGD RV QRPHV GD &RPLVV£R 2UJDQL]DGRUD GR z &RQJUHVVR 1DFLRQDO GH 0DQXWHQ§£R TXH © FRPSRVWD SRU -R£R 7DERUGD &UDYHLUR -RDTXLP 9LHLUD -RV© &DUORV &RXWLQKR -RV© )UHLUH GD )RQVHFD -RV© 5LEHLUR GD 6LOYD 3HGUR &RHOKR 'XUDQWH RV GRLV GLDV GR HYHQWR IRUDP DSUHVHQWDGRV 7UDEDOKRV 7©FQLFRV VXERUGLQDGRV DRV 7HPDV Û 4XDOLGDGH $PELHQWH H 6HJXUDQ£D Û 6LVWHPDV H 7HFQRORJLDV GH ,QIRUPD£ R Û 4XDOLILFD£±HV H 5HFXUVRV +XPDQRV Û 7HFQRORJLDV GH ([HFX£ R H GH ,QVSHF£ R
3DLQ©LV 7HP¡WLFRV Û )ORUHVWDV Û (QHUJLD (VWLYHUDP SUHVHQWHV &RQJUHVVLVWDV
&RQIHUªQFLDV Û 0DQXWHQ£ R H 6XVWHQWDELOLGDGH Û 0HGLGDV GH $SRLR (PSUHVDULDO Û (VSHFLDOL]D£ R HP 0DQXWHQ£ R ,QGXVWULDO GD 2UGHP GRV (QJHQKHLURV
$V FRQIHUªQFLDV UHDOL]DGDV QR ¢PELWR GR &RQJUHVVR IRUDP EDVWDQWH SDUWLFLSDGDV DSUHVHQWDQGR DV PDLV UHFHQWHV QRYLGDGHV SDUD D LQGºVWULD
6HVV£R GH $EHUWXUD Î 'UD &DUOD 9DVFRQFHORV $3&(5 (QJ -RV© /HLW£R $3&(5 (QJ -R£R &UDYHLUR 3UHVLGHQWH GD 'LUHF§£R GD $30, (QJ -RV© 0DQXHO )HUQDQGHV $(3 H (QJ %UD] &RVWD ,$30(,
Ò w 0$187(1 2
-DQWDU GR &RQJUHVVR QD )XQGD§£R GH 6HUUDOYHV H HQWUHJD GR 3U©PLR (QJ 0RQWHLUR /HLWH 2 DUWLJR l'LVWRU£ R +DUP¯QLFD QR 6HFWRU ,QGXVWULDO &DXVDV (IHLWRV H 6ROX£±HVw SXEOLFDGR QD 5HYLVWD Ö0DQXWHQ£ R× 1 v v 7ULPHVWUH GH IRL GLVWLQJXLGR FRP R 3U¥PLR (QJ 0RQWHLUR /HLWH