Catálogo Esika Mexico C15 by SomosBelcorp

0e;,&2 &

KHKN T éK 0=PPKK %JPAJOA

ZZZ HVLND EL]

DKN=O @A EJPAJOK ?KHKN

U =DKN= P=I>EÛJ DQIA?P= PQO H=>EKO

18(9$ )Ä508/$

(= OAJOQ=HE@=@ @A PQO H=>EKO JK PEAJA HßIEPAO EOBNQP= =DKN= =@AIbO @A DKN=O @A ?KHKN EJP=?PK QJ= @AHE?EKO= OAJO=?EäJ @A DQIA?P=?EäJ U OQ=RE@=@ AJ PQO H=>EKO

18(9$ )Ä508/$

3DVR $SOLFD HO FRORU \ GHMD VHFDU PLQXWRV

48e 129('$'(6 75$( (/ 'Ç2 7$7722 ,17(16(" (Q HO FRORU VX UHQRYDGD WHFQRORJtD 0DJQHWLF %LR $FWLYH DKRUD RIUHFH XQD DSOLFDFLyQ PiV VXDYH \ SODFHQWHUD (Q HO EULOOR LQFOX\H &HUDPLGDV TXH KXPHFWD LQWHQVDPHQWH WXV ODELRV

'( '85$&,Ä1

3DVR $SOLFD HO EULOOR TXH DGHPiV KXPHFWD WXV ODELRV \ GHMD XQD DJUDGDEOH VHQVDFLyQ

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULR

K V

'( '85$&,Ä1

+25$6 '( '85$&,Ä1 ,17(16$ +80(&7$&,Ä1 ,17(16$ 68$9,'$' /DELDO G~R WDWWRR LQWHQVH 3LPLHQWD FDOLHQWH \ TXLQWHWR *ODPRXU EODFN

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

18(9$ )Ã&#x201E;508/$

%212

'( '(6&8(172

3RU OD FRPSUD GH FXDOTXLHU

/DELDO '~R

7DWWRR ,QWHQVH

,%)%!*0 (%!*0! &yG

//e9$7( 81

@AIbO *K JA?AOEP= NAPKMQAO *K PN=JOBEANA /DELDO G~R WDWWRR LQWHQVH PO J IO R] R] 9DORUL]DGR HQ

%212 '(

3$5$ &2035$5

81 48,17(72 ' ( 6 2 0 % 5 $ 6 (OLJH WX WRQR HQ OD SiJ

.+/ $%

"1 /% /3!!0

2%*+ !(%//

.+/ .! )

+. ( ) #%

&yG

+. ( 00. 0%+*

$+ +( 0! %*0!*/!

.+/ )%/0!.5

/ ()Â¨* 3+* !.

%.1!( !/%.!

&yG

.+&+ , //%+*

.+&+ $%,*+0%

"^ , //%+*

.+/ (%#$0

"1 /% $+0

&yG

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULR

/AJOQ=HE@=@ MQA =?=L=N= IEN=@=O PK@K AH @ß= 4XLQWHWR GH VRPEUDV SURIHVLRQDO 0RFFD IDVKLRQ

4XLQWHWR GH VRPEUDV SURIHVLRQDO *ODPRXU EODFN

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

0RFFD IDVKLRQ

9LHQH FRQ LQVWUXFFLRQHV SDUD PDTXLOODUWH

0i[LPD GXUDFLyQ \ FRORU 3URWHJH WXV SiUSDGRV

* 01

&y .! G ! * $ *0

&y 5 ( G /! */

& ) yG " +. ! /0

%212 //e9$7( 81 48,17(72 '(

620%5$6

$ 6 2 / 2

325 /$ &2035$ '( 81 /$%,$/

& ,! yG . ) * ! *

&2/25),; 0$;7,0( 'Ã&#x2021;2 7$7722 ,17(16( '( /$ 3Â½* 3Ã&#x20AC;'(/2 &21

(/ &Ã&#x201E;',*2 48( (1&8(175(6 (1 (/

&y ) G # * ! 0 %

& ! , yG . + ( + *#

6,*8,(17( &8$'52

'( '85$&,Ã&#x201E;1

4XLQWHWR GH VRPEUDV SURIHVLRQDO J R] 9DORUL]DGR HQ

,1.,(! .0%/0%

)+ " /$%+*

(%( .+) *0%

&yG

#( )+1. ( ' &yG

"!/0%2 ( #+( &yG

61( )5/0!.5 &yG

$TXD 3HUPDQHQW

&yG

$]XO 0\VWHU\

&yG

'UHDP )RUHVW

&yG

)HVWLYDO *ROG

&yG

*ODPRXU %ODFN

&yG

/LOD 5RPDQWLF

&yG

0RFFD )DVKLRQ

&yG

1DWXUH (QFKDQW

&yG

2UR 0DJQHWLF

&yG

3XUSOH $UWLVWLF

&yG

5RVH 3URORQJ

&yG

5R\DO 6HQV

&yG

%RQR YiOLGR VROR SDUD HVWD FDPSDxD %RQR QR DFXPXODEOH 6ROR SXHGHV DSOLFDU XQ ERQR SRU FDGD VRPEUD 1R WH OOHJDUi QLQJ~Q PDWHULDO DGLFLRQDO

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULRY

'HOLQHDGRU SDUD RMRV GH Pi[LPD GXUDFLyQ QHJUR

0iVFDUD VHFUHWRV GH VHQVXDOLGDG QHJUR

0Q LK@AN @A =PN=??EÃ¤J JK PEAJA BEJ /DELDO GH Pi[LPD GXUDFLyQ FDQGHOLW

0iVFDUD SDUD SHVWDxDV VHFUHWRV GH VHQVXDOLGDG 1HJUR ODELDO Pi[LPD GXUDFLyQ &DQGHOLW \ TXLQWHWR GH VRPEUDV SURIHVLRQDO *ODPRXU EODFN

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

'( '(6&8(172

&yG

+.+ #( )+1.

&yG

.+&+ !40. 2 # *6

&RORU LQWHQVR SRU KRUDV SURYRFDWLYD VXDYLGDG IiFLO DSOLFDFLyQ

/22. &2/25

0i[LPD H[WHQVLyQ \ FXUYD Â´ MD HO FRORU SRU PXFKR PiV WLHPSR

'( '85$&,Ã&#x201E;1

0i[LPD DGKHUHQFLD GH FRORU WH[WXUD H[WUD VHGRVD

2%*+ #+( !* &yG

)+. + *%#$0

$ 358(%$ '(

$*8$

&yG

.+&+ /! 1 0+. &yG

.+/ + *1 ! &yG

*!#.+ ^ *+ &yG

/DELDO GH Pi[LPD GXUDFLyQ J R] 9DORUL]DGR HQ

0iVFDUD SDUD SHVWDxDV VHFUHWRV GH VHQVXDOLGDG J R] 9DORUL]DGR HQ

2%*+ $%

$!..5

* !(%0

&yG

*!#.+ ) ..Â¨* %*0!*/+

*!#.+ %*0!*/+

) ..Â¨* %*0!*/+

&yG

'HOLQHDGRU SDUD RMRV GH Pi[LPD GXUDFLyQ J R] 9DORUL]DGR HQ

%.1!( !* *0+

61( 6 "%.+ &yG

&yG

) ..Â¨* *+# (

01.-1!/ )!0Â¡(% +

&yG

"1 /% ,%*' &yG V

.+/ (%#$0 &yG

)%!( #( ^ &yG

+,+.0+ &yG

(YDOXDFLyQ VHQVRULDO GH GXUDFLyQ UHDOL]DGD EDMR FRQGLFLRQHV GH ODERUDWRULR

,( 0 . % *0!

2!. ! +0+_+

&yG

)+. + ,.+"1* + &yG

) ..Â¨* 2% . *0! &yG

'( '(6&8(172

.+5 ( /!*/

&yG

.+&+ /!*/1 (

&yG

.+&+ , //%+*

&yG

.KFK AH ?KHKN @A H= L=OEÃ¤J !H NKFK JQJ?= PA B=HH=Nb OEAILNA BAIAJEJK U OA@Q?PKN PA =?KIL=Ã£=Nb L=N= ?KJOACQEN HK MQA MQEAN=O

%($87< 5(' (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

/DELDO G~R WDWWRR PO J IO R] R] 9DORUL]DGR HQ

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

4XLQWHWR GH VRPEUDV SURIHVLRQDO J R] 9DORUL]DGR HQ

(VPDOWH SURIHVLRQDO HQ SDUD XxDV PO IO R] 9DORUL]DGR HQ

4XLQWHWR GH VRPEUDV UR\DO VHQV ODELDO &RORUIL[ G~R WDWWRR URMR SDVVLRQ \ HVPDOWH HQ URMR VHQVXDO

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

&yG

)%/0!.%+ .! )

&yG

) (2 /+"0

&yG

& ! +.%!*0 (

&yG

61( .%/

&yG

61( )Â¤/0% +

&yG

,Â«.,1. , /%Â¨*

&yG

.+/ /!

&yG

.+/ + .* 2 (

&yG

.+/ !1"+.%

&yG

.+/ 2% . *0!

&yG

"1 /% 0.!2%

&yG

". ) 1!/ %(1/%Â¨*

&yG

/ ()Â¨* !/0!(( *0!

&yG

12 !.*!0

&yG

)+. + "%!/0

&yG

12 /! 1 0+.

&yG

,( 0 (14!

&yG

*!#.+ +/ +

(VPDOWH SURIHVLRQDO HQ SDUD XxDV URMR VHQVXDO

!H NKFK JQJ?= PA B=HH=

(HAR= PQ OAJOQ=HE@=@ = OQ IbTEI= ATLNAOEÃ¤J HHAR= AH NKFK AJ PQO I=JKO

(VPDOWH SURIHVLRQDO HQ SDUD XxDV PO IO R] 9DORUL]DGR HQ

$ 0,7$'

1XWUH IRUWDOHFH ODUJD GXUDFLyQ H[WUD EULOOR VHFDGR UiSLGR DFDEDGR XQLIRUPH

%DVH IRUWDOHFHGRUD SDUD XxDV PO IO R]

'( 35(&,2

&yG

9DORUL]DGR HQ

/ *#.! ( 0%* &yG

.+&+ /!*/1 ( &yG

.1 Â¤ %*0!*/+ &yG

3URWHJH \ IRUWDOHFH WXV XxDV GiQGROHV XQD PHMRU DSDULHQFLD

%DVH HQ WRQR URVD

5HGXFH HO EULOOR \ HO H[FHVR GH JUDVD HQ OD ]RQD 7

&RUULJH DUUXJDV \ SHTXHxDV LPSHUIHFFLRQHV

1J= LEAH HEJ@= PEAJA OQO PNQ?KO

!H OA?NAPK AOPb AJ O=>AN AHACEN H= >=OA E@A=H L=N= PQ LEAH

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

/22. &2/25

'( '(6&8(172

!%#! &yG

.+/ &yG

!H I=MQEHH=FA PA ?=I>E= AH bJEIK

*5$7,6 %URFKD SDUD EDVH 3RU OD FRPSUD GH OD %DVH HQ 9DORUL]DGR HQ

%URFKD SDUD EDVH &yG

KJ ",/

KNNECA ?Q>NA U ?KJPNKH= AH >NEHHK ,NKPACA H= LEAH

!%#!

&yG

%DVH GH PDTXLOODMH SDUD URVWUR HQ SUR J R] 9DORUL]DGR HQ

.+/

&yG

!H ?KHKN AO QJ CN=J =HE=@K L=N= D=?ANPA OAJPEN IbO OACQN= IbO DANIKO= IbO BAHEV U ?KJBE=@= L=N= ?KJMQEOP=N =H IQJ@K KILNQÛ>=HK PK@KO HKO @ß=O IßN=PA =H AOLAFK ?KJ H= ?=N= H=R=@= U @AOLQÛO I=MQEHH=@= !H ?KHKN PA LANIEPA QJ ?=I>EK @A HKKG U @A bJEIK EJIA@E=PKO

0AJC=O AH ?QPEO MQA PAJC=O

'( '(6&8(172

/22. &2/25

&8$/48,(5$ $ 62/2

&RQWUROD HO EULOOR DFDEDGR VXDYH \ Â´ MD HO PDTXLOODMH

0!.. +0

0. */(Â« % +/

&yG

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

3ROYRV VXHOWRV SDUD URVWUR SLHO GH VHGD J R] 9DORUL]DGR HQ

3ROYRV IDFLDOHV HQ SHUODV HIHFWR EURQFHDGR J R] 9DORUL]DGR HQ

* 01. ( .+*6!

%URQFHDGR QDWXUDO FREHUWXUD XQLIRUPH VH DGDSWD D WX WRQR GH SLHO

&yG

3ROYRV VXHOWRV WUDQVO~FLGRV UXERU FRPSDFWR FRUDO

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

/22. &2/25 .1 ยค &yG

/H GD FRORU D WX SLHO FRQ XQ DFDEDGR VXDYH \ VHGRVR

'( '(6&8(172

5 L=N= PANIEJ=N

KHKN J=PQN=H ?KJ ?KILKJAJPAO IEJAN=HAO !H PKMQA @A REP=HE@=@ U ?KHKN L=N= HQ?EN QJ NKOPNK N=@E=JPA

%URFKD SDUD UXERU &yG

9DORUL]DGR HQ

5XERU FRPSDFWR HIHFWR JHPDV \ PLQHUDOHV J R] 9DORUL]DGR HQ

1 .6+ .+/ &yG

+. (

ยก) .

&yG

#. * 0! .+/! &yG

z äIK H=O MQEANAO !HECA PQ IbO?=N= OACéJ AH =?=>=@K MQA LNABEAN=O H=NC=O EIL=?P=JPAO K BQANPAO

Pé @A?E@AOÎÎÎ 3(67$f$6 0½6 )8(57(6 0iVFDUD IRUWDOHFLPLHQWR FRQWLQXR J R] 9DORUL]DGR HQ

*!#.+ ) ..¨*

3HVWDxDV PiV IXHUWHV &RQ DFHLWH GH ULFLQR \ ROLYD

) ..¨* &yG

&yG

$ 358(%$ '(

$*8$

*!#.+ &yG

3(67$f$6 0½6 /$5*$6 0iVFDUD SDUD SHVWDxDV HIHFWR H[WHQVLRQHV J R] 9DORUL]DGR HQ

3HVWDxDV PiV ODUJDV JUDGRV PiV UL]DGDV 61(

) ..¨*

&yG &yG

*!#.+ ) ..¨* &yG

$ 358(%$ '(

$*8$

*!#.+ &yG

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

/22. &2/25 0iVFDUD GH LPSDFWR HQ QHJUR

>AJABE?EKO AJ QJ= OKH= IbO?=N=

'( '(6&8(172

0iVFDUD GH LPSDFWR HQ J R] 9DORUL]DGR HQ

$ 358(%$ '(

*!#.+ ) ..Â¨*

) ..Â¨*

$*8$

*!#.+ &yG

H=NC= .EV= /AL=N= ,AEJ= ,NKPACA PQO LAOP=Ã£=O

&yG

3(67$f$6 &21 0Â½6 92/80(1

3(67$f$6 0Â½6 )8(57(6

*!#.+ &yG

*!#.+ ) ..Â¨* &yG

7H GD XQD Pi[LPD SURWHFFLyQ HQ YDULHGDG GH WRQRV

*!#.+ &yG

$ 358(%$ '(

$*8$

0!.. +0

) ..Â¨*

&yG

01.-1!/

61(

&yG

0i[LPR YROXPHQ VLQ DXPHQWDU HO SHVR GH WXV SHVWDxDV

$ 358(%$ '(

$*8$

61(

*!#.+

&yG

*!#.+ ) ..Â¨*

&yG

) ..Â¨*

&yG

0iVFDUD HIHFWR PD\RU YROXPHQ J R] 9DORUL]DGR HQ

0iVFDUD WUDWDQWH D SUXHED GH DJXD J R] 9DORUL]DGR HQ

KILHAIAJP= PQO IbO?=N=O ?KJ 5L]DGRU SDUD SHVWDxDV &XUO\ ([SHUW &yG 5L]D WXV SHVWDxDV DQWHV GH DSOLFDU WX PiVFDUD

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

9DORUL]DGR HQ

&yG

) ..Â¨* . )!(

* . *& $%

2%*+ %* %0 *0!

&yG

#1%* .! ( &yG

&HMDV

.+/ !(% 0!

) ..Â¨* ( *+

&yG

/22. &2/25

.+&+ ) *$ 00 *

&yG

*!#.+

* 01. (

&yG

/DELRV

+. ( #( ^ &yG

"1 /% 2%2 6 &yG

ABEJA PQ >AHHAV=

$ 62/2

%JPAJOEBE?= AH ?KHKN AJ PQO KFKO ?AF=O U H=>EKO L=N= QJ =?=>=@K IbO EIL=?P=JPA

'HOLQHDGRU HQ OiSL] SDUD RMRV SDUD FHMDV SDUD ODELRV J R] 9DORUL]DGR HQ F X

*!#.+ %*0!*/+ &yG

2MRV

!(!/0! ,.% ! &yG

"^ (14

,( 0! + . 0

&yG

) ..Â¨* "^

&yG

61( (14

*!#.+ (14

&yG

+. + ,.! %(! 0+

01.-1!/ ) #%

&yG

2!. ! (14 &yG

61( )! %0!..Â¡*!+ &yG

) ..Â¨* +.#+_

2!. ! /% *!5

&yG

$ 358(%$ '(

$*8$

z-QÛ IEN=@= MQEANAO Pé /KBEOPE?=@= K EIL=?P=JPA KO @AHEJA=@KNAO ?KJ @EOPEJPK =?=>=@K L=N= HKCN=N H= IEN=@= MQA @AOAAO

3XQWD SLQFHO

*!#.+ !40.!)+ &yG

$&$%$'2 352)(6,21$/

'HOLQHDGRU DFDEDGR SURIHVLRQDO QHJUR

(ßJA=O @AHE?=@=O ?=>=@K IbO LNA?EOK

,=N= QJ HKKG IbO OKBEOPE?=@K

'HOLQHDGRU OtTXLGR GH DFDEDGR SURIHVLRQDO PO IO R] 9DORUL]DGR HQ

$ 358(%$ '(

61( /!*/%0%2!

+. + !* *0+

#.%/ ,( 0

) ..¨* +0+_+

)+. + #( )+1.

2%+(!0 )%/0!.%+

&yG

*!#.+ /, .'

) ..¨* /, .'

61( /, .'

,( 0 /, .'

&yG

72126 */,77(5

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

$*8$

78 2)(57$ (675(//$

3XQWD SOXPyQ

*!#.+ !40.!)+ &yG

)Â½&,/ $3/,&$&,Ã&#x201E;1

'HOLQHDGRU IiFLO DSOLFDFLyQ QHJUR

$ 358(%$ '(

$*8$

,QJP= LHQIÃ¤J L=N= Bb?EH =LHE?=?EÃ¤J AJI=N?= PQ IEN=@= AJ QJ OKHK PN=VK 'HOLQHDGRU OtTXLGR GH IiFLO DSOLFDFLyQ PO IO R] 9DORUL]DGR HQ

61( /!*/%0%2! &yG

+. + !* *0+

#.%/ ,( 0

) ..Â¨* +0+_+

&yG

*!#.+ /, .'

) ..Â¨* /, .'

61( /, .'

,( 0 /, .'

&yG

)+. + #( )+1.

2%+(!0 )%/0!.%+

&yG

72126 */,77(5

'HOLQHDGRU NRKO FRQ GLIXPLQDGRU QHJUR PiVFDUD PHJD ODVKHV QHJUR

0K@K HK MQA JA?AOEP=O L=N= QJ HKKG ?KILHAPK AHEJA=@KN IbO?=N= U H=>E=H

JK PA LQA@AJ B=HP=N

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

'( '(6&8(172

/22. &2/25

)+. + '+$(

&yG

01.-1!/ '+$(

&yG

,!.( '+$(

&yG

*!#.+ '+$(

!(% % ! ".!/ &yG

) * .%* ,.+2+ %Â¨* &yG

$ 358(%$ '(

$*8$

3HLQD

$ODUJD

$*8$

AHE?EKOK O=>KN !TMQEOEPK =NKI= NEHHK PAJP=@KN AHEJA= AH EJPANEKN U ATPANEKN @AH KFK ,QA@AO QO=NHK ?KIK OKI>N=

'HOLQHDGRU NRKO FRQ GLIXPLQDGRU J R] 9DORUL]DGR HQ

Ã&#x2019; IbO RKHQIAJ Ã&#x2019; LAOP=Ã£=O IbO H=NC=O LHE?=?EÃ¤J QJEBKNIA U LNA?EO=

61( '+$(

&yG

0iVFDUD 0HJD /DVKHV J R] 9DORUL]DGR HQ

) ..Â¨* ) ..Â¨* '+$(

%ULOOR ODELDO VDERU LUUHVLVWLEOH PO IO R] 9DORUL]DGR HQ

&yG

*!#.+ ) ..Â¨* &yG

*!#.+ &yG

".!/ / +* .!)

/ * Â¤ +-1!0

+. ( ! * . *&

&yG

!.!6 /! 1 %Â¨* &yG

,.% $+ ) *6 * ". ) 1!/ %.1!( ! )+. !* *!( %..!/%/0% (! #+(+/ &yG

&yG

(Q WRQRV OX[

'HOLQHDGRU HQ OiSL] SDUD RMRV J R] 9DORUL]DGR HQ

*UDQ DGKHUHQFLD FRORUHV LQWHQVRV VH GHVOL]D VXDYHPHQWH

$ 358(%$ '(

/E MQEANAO HQ?EN QJKO KFKO EJPAJOKO U >NEHH=JPAO AOPKO OKJ PQO @AHEJA=@KNAO

&XDUWHWR GH VRPEUDV D]XO RFHDQ GHOLQHDGRU HQ OiSL] SDUD RMRV QHJUR LQWHQVR PiVFDUD PLUDGD KHFKL]DQWH QHJUR \ ODELDO GHVWHOORV GH FRORU QDWXUDO GHVWHOORV

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

&yG

*!#.+ (14

61( (14

&yG

2!. ! (14

,( 0! + . 0

!(!/0! ,.% !

01.-1!/ ) #%

+. + ,.! %(! 0+

&yG

2!. ! 61( /% *!5 )! %0!..Â¡*!+ &yG

&yG

"^ (14

1J= IEN=@= @AOHQI>N=JPA

&yG

$*8$

&yG

) ..Â¨* "^

) ..Â¨* +.#+_

*!#.+ %*0!*/+

&yG

'( '(6&8(172

/22. &2/25

*!#.+ &yG

&XDUWHWR GH VRPEUDV J R] 9DORUL]DGR HQ

0iVFDUD PLUDGD KHFKL]DQWH J R] 9DORUL]DGR HQ

(%( !)+0%+*

&yG

6~SHU GHÂ´QLFLyQ 0i[LPR YROXPHQ QR KDFH JUXPRV

&RPELQDFLyQ LGHDO GH WRQRV $SOLFDFLyQ XQLIRUPH \ PD\RU FDUJD GH FRORU \ DGKHUHQFLD

$ 358(%$ '(

$*8$

*!#.+ ) ..Â¨*

) ..Â¨* &yG

&yG

&8$57(72 '( 620%5$6

#. * 0! + !

2!. ! &1*#(!

01.-1!/ !/%#*

61( + ! *

61( #+( !*

!/)!. ( (14

,( 0 .+*6!

2%*+ /3!!0

.+/ 2%*0 #!

.+/ $%

.+/ %((1/%+*

) ..Â¨* ( //%

&yG

KILHAIAJP= PQ HKKG ?KJ .+/ !/0!((+/ &yG

"1 /% !/0!((+/ &yG

/DELDO HQ EDUUD GHVWHOORV GH FRORU J R] 9DORUL]DGR HQ

* 01. ( !/0!((+/

, (+ .+/ !/0!((+/

&yG

2%*+ !/0!((+/ &yG

.+&+ $+ +( 0! !/0!((+/ !/0!((+/ &yG

&yG

%(1)%* +.!/

0+*+/ )! %+/

7RQRV LOXPLQDGRUHV

,.+"1* %6 +.!/

7RQRV PHGLRV

7RQRV SURIXQGL]DGRUHV

$OJXQRV ORRNV TXH SXHGHV FRQVHJXLU FRQ FDGD HVWXFKH 1. * $%

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

&1*#(! "!!(%*#

) #% .! )/

18(92 '( '(6&8(172

EAJPKO @A ?KI>EJ=?EKJAO { !.+ ANNKNAOÎ 0Q *1!2+ AOPQ?DA @A OKI>N=O PA @= PK@=O H=O B=?EHE@=@AO L=N= MQA I=MQEHH=N PQ KFKO OA= OAJ?EHHßOEIK

+NC=JEV=@K LKN PKJKO EHQIEJ=@KNAO IA@EKO U LNKBQJ@EV=@KNAO KHKNAO ?KI>EJ=>HAO )=UKN ?=NC= @A ?KHKN U =@DANAJ?E=

(VWXFKH GH VRPEUDV J R] 9DORUL]DGR HQ

8/75$ 68$9,=$17(

+,'5$7$17( (;75(02

5RVDGR PiJLFR

%RUJRxD VH[\

+.#+_ /!45

.+/ + )Â¡#% +

'( '(6&8(172

AF= PQO H=>EKO OQLANOQ=RAO KJ =?AEPAO J=PQN=HAO

$E@N=P= PQO H=>EKO D=OP= LKN DKN=O /DELDO KLGUDWDQWH H[WUHPR J R] 9DORUL]DGR HQ

/DELDO XOWUD VXDYL]DQWH J R] 9DORUL]DGR HQ

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

"1 /% " *0 /Â¤

"1 /% /! 1 0+.

) (2 %(1/%Â¨*

) ..Â¨* +0+_+

&yG

) ..Â¨* .+&+ 0!*0 %Â¨* ,.+2+ %Â¨* &yG

&yG

.+/ + )Â¡#% +

.+&+ 2%2 6

.+/ +-1!0

.+/ %*0.%#

)+. + + /!/%Â¨*

2%*+ /!*/1 (

&yG

SURPRFLyQ 3ROYRV &RPSDFWRV SiJ

+.#+_ /!45

"^ )+

+. ( $%

"1 /% 10%2 *0!

"1 /% #( )

#. * 0! /! 1 0+.

&yG

) ..Â¨* #( )+1.

* . *& ,.%) 2!.

.+&+ !/!+

.+&+ %*0.%# *0!

.+/ %2

.+/ !* *0+

&yG

0Â½;,02 &2/25

/22. &2/25

3(5)(&7 0$7&+

)XFVLD IHPPH

5RMR FKHUU\

.+&+ $!..5

"1 /% "!))!

/DELDO GH DSOLFDFLyQ SUHFLVD

!JI=N?= U LEJP= PQO H=>EKO ?KJ AH ?KHKN AT=?PK

KHKNAO EJPAJOKO @AO@A H= LNEIAN= =LHE?=?EÃ¤J

3HUIHFW 0DWFK /DELDO GHOLQHDGRU J R] 9DORUL]DGR HQ

'HOLQHDGRU GH ODUJD GXUDFLyQ

/DELDO HQ EDUUD Pi[LPR FRORU J R] 9DORUL]DGR HQ

)$&725 '( 3527(&&,Ã&#x201E;1 62/$5

)36

$!..5 ( //

+""!! /3!!0

+. ( /! 1 0%+*

1. 6*+ #( )

&yG

.+/ * 5

.+/ !((!

.! /1,.!)!

"1 /% "!))!

&yG

!.!6 !!, &yG

* . *& 2%2 6

.+&+ $!..5

+. ( /$%*!

) ..Â¨* Â¡(% +

)+ )%/0!.%+

&yG

.+&+ )+.

"1 /% " * 5

.+/ %2%*

2%*+ #( )+1.

) #!*0 0.!2%

&yG

!J=I채N=PA @A PQ LEAH *K D=U J=@= IbO HEJ@K MQA HQ?EN QJ ?QPEO OQ=RA U QJEBKNIA

3ROYRV FRPSDFWRV GREOH DFDEDGR EHLJH

35202&,Ã&#x201E;1 3ROYRV FRPSDFWRV D VROR 3ROYRV FRPSDFWRV GREOH DFDEDGR J R] 9DORUL]DGR HQ

.+/

3RU OD FRPSUD GH XQ SURGXFWR GH PDTXLOODMH GH OD SiJ D OD SiJ

&yG

!%#!

.+/

&yG

&RPR SROYRV PDWLÂ´ FDQ &RPR EDVH FXEUH LPSHUIHFFLRQHV

!%#! &yG

&RPR EDVH

&RPR SROYRV

.+/ &yG

0A R= = CQOP=N LKNMQA +BNA?A =?=>=@KO AJ QJ IEOIK LNK@Q?PK

Q>NA EILANBA??EKJAO U ?KJPNKH= AH >NEHHK

= QJ =?=>=@K J=PQN=H

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

)5$*$1&,$6

$&7,9$6

)KIAJPKO Ã©JE?KO =NKI=O Ã©JE?KO 020(1726 9,%5$17(6 (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

020(1726 /,%(57$' (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'( '(6&8(172 )UXWDO $FWLYD 9LWDOLGDG \ DOHJUtD JUDFLDV D OD IUHVFD Âµ RU GH QDUDQMR

SURPRFLyQ ,W V <RX SiJ

)UXWDO $FWLYD 3ODFHQWHURV DFRUGHV GH PDQGDULQD OLPyQ \ FDVVLV

(6(1&,$6 $520$6 NKI=O MQA ?KJA?P=J ?KJ PQO OAJPEIEAJPKO

"HKN @A HEIäJ 0K@= H= BNAO?QN= @A AOP= KN AO LANBA?P= L=N= =?PER=NPA U L=N= @AOLANP=N AJ PE AOA KLPEIEOIK MQA PA IQARA PK@K AH @ß=

!J ?=@= LANBQIA D=U QJ= AOAJ?E= MQA JK OKHK @ABEJA AH ?=Nb?PAN @A AOA =NKI= OEJK P=I>EÛJ H= AIK?EäJ MQA AO ?=L=V @A @AOLANP=N AJ PE 1J= BHKN K QJ= JKP= MQA D=?AJ FQACK ?KJ PQO OAJPEIEAJPKO IbO LNKBQJ@KO U DANIKOKO

AO?Q>NA AJ HKO =NKI=O @A ^OEG= AO=O JKP=O MQA ATLNAO=J P=J >EAJ HK MQA OEAJPA PQ ?KN=VäJ

)5$*$1&,$6

6(168$/(6

0Q OAJOQ=HE@=@ PA D=?A >NEHH=N 6(;< *2/' (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO 6HQVXDOHV RUTXtGHDV EODQFDV \ µ RU GH QDUDQMR

+NMQß@A= 1J= @A H=O KNAO IbO =PN=?PER=O @A H= J=PQN=HAV= PEAJA P=I>EÛJ QJK @A HKO =NKI=O IbO OA@Q?PKNAO MQA AJ PE D=?A MQA ENN=@EAO PK@= H= OAJOQ=HE@=@ MQA HHAR=O ?KJPECK

SURPRFLyQ ,W V <RX SiJ

)527$ $48À < 6,(17( (/ $520$ (1 78 3,(/

/$ &2035$

723

z-QÛ =NKI= R= IAFKN ?KJPECK

/ 5$ 2 / )

)/ 25 $/

( /& '8

'8 /& (

/ $ 87 )5

2 ,& 75 &À

)/25$/

'8/&(

)587$/

(63(&,$'2 &À75,&2

&À 75 ,& 2

'2 $ &, ( 3 (6

(6 3( &, $' 2

)5 87 $/

,9$ &7 $

6(168 $/ $ & , 7 1 ½ 0 2 5

(/(* $1 7(

AO?é>NAHK AJ AH >=JE?K @A NKI=O @A ^OEG=

&À75,&2 (63(&,$'2 )587$/

'8/&(

«O=HK =Oß 1>E?= QJK @A HKO CNQLKO OACéJ PQ AOPEHK !HAC=JPA .KIbJPE?= /AJOQ=H K ?PER=

(QACK AHECA AH =NKI= OACéJ H= B=IEHE= KHB=PER= "HKN=H QH?A "NQP=H !OLA?E=@K K ßPNE?K

!OP=O OAã=HAO PA =UQ@=NbJ = AJ?KJPN=N PQ =NKI= AJ AH ?=PbHKCK )5$*$1&,$6

(/(*$17(6 /LPDJH /LPDJH 'LDPRQGV 6SHFLDO ;LDQD &ODVVLF &RQFHUW

)5$*$1&,$6

520½17,&$6 *UD]]LD 5RPDQ]L )ORZHU\ /RYH &RQFHUW 9DQLOOD 6FHQW $wQQDUD

SURPRFLyQ ,W V <RX SiJ

)5$*$1&,$6

6(168$/(6 *UD]]LD ([RWLF *UD]]LD 3DUDGLVH 3DVVLRQ 0XVN 9HKHPHQFH SDUD HOOD 3DVVLRQ &RQFHUW 5RVH 5RVH 6H[\ *ROG %HDXW\ 5HG 'DQ]]tD 5HG ,QWHQVH ,QFLWDQW -DGLVV 6HFUHW 0XVN

)5$*$1&,$6

$&7,9$6

([SUHVVLRQ eODQLH *\UD 0RPHQWRV 9LEUDQWHV 0RPHQWRV /LEHUWDG ,WV <RX ,WV <RX /LYH

)/25$/

(6(1&,$6 $520$6

!HAC=JPA U AOLA?E=H

'( '(6&8(172

#=N@AJE=O (= AHAC=J?E= U H= OK>NEA@=@ OA ATLNAO=J @A QJ= BKNI= LANBA?P= AJ AH =NKI= @A H=O C=N@AJE=O ,KN AOK AO MQA AH LANBQIA @A /LA?E=H PEAJA P=JPK MQA RAN ?KJPECK

520$1=, (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'( '(6&8(172 (1 520$1=,

( %) #! % )+* /

)ORUDO 5RPiQWLFD 9LROHWDV URVDV \ ViQGDOR FUHDQ HO PDUFR SHUIHFWR SDUD HO DPRU

)ORUDO (OHJDQWH 'HVOXPEUD FRQ URVDV GH %XOJDULD \ JDUGHQLDV

SURPRFLyQ ,W V <RX SiJ

(6(1&,$6 $520$6

!HAC=JPA D=OP= AJ PQ LANBQIA ( %) #!

'( '(6&8(172 (1 / ,0$*(

/ ,0$*( ',$021'6 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

/RFLyQ SHUIXPDGD PO IO R] &yG

9DORUL]DGR HQ

/ ,0$*( (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

/RFLyQ SHUIXPDGD PO IO R] &yG )ORUDO (OHJDQWH /XMRVR HQFXHQWUR GH \ODQJ \ODQJ \ MD]PLQHV

9DORUL]DGR HQ

)5$*$1&,$6

6(168$/(6

&QAC= = ?KJMQEOP=NHK 3$66,21 086. (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'HVRGRUDQWH UROO RQ PO IO R] &yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO &RTXHWDV QRWDV GH LULV \ RUTXtGHDV MXHJDQ FRQ XQ WRTXH GH PXVN

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

SURPRFLyQ ,W V <RX SiJ

78 2)(57$ (675(//$

%NEO U KNMQß@A=O !OK MQA PA IQARA = =I=NHK U MQA D=?A MQA ÛH PA =IA AO H= L=OEäJ AOAJ?E= @A H= RE@= ,KN AOK AJ H= J=PQN=HAV= HKO =NKI=O @A =HCQJ=O KNAO ?KJA?P=J LANBA?PK ?KJ AOA OAJPEIEAJPK P=J EJPAJOK MQA RERA AJ PE

e/$1,( (DX GH SDUIXP DWRPLVHXU PO IO R]

/RFLyQ SHUIXPDGD PO IO R]

&yG

9DORUL]DGR HQ

&yG

9DORUL]DGR HQ

äILHE?AO AJ PK@K )ORUDO $FWLYD $OHJUH IXVLyQ GH JDUGHQLDV \ DPRU SRU OD YLGD

&=VIßJ H= KN @AH KLPEIEOIK !H =NKI= EJ?KJBQJ@E>HA @AH F=VIßJ @A JA PK@= BN=C=J?E= MQA PA EJREP= = OAJPENPA FKRE=H EJPAJO= U OK>NA PK@K IQU =?PER=

SURPRFLyQ ,W V <RX SiJ

7DOFRV SHUIXPDGRV J R]

/RFLyQ SHUIXPDGD PO IO R]

&yG

9DORUL]DGR HQ

(6(1&,$6 $520$6

(;35(66,21 (DX GH SDUIXP DWRPLVHXU PO IO R]

'( '(6&8(172 (1 (;35(66,21

)ORUDO $FWLYD ([SUHVD WXV VHQWLPLHQWRV FRQ Âµ RU GH QDUDQMR MD]PtQ \ PLPRVDV

)5$*$1&,$6

6(168$/(6

SURPRFLyQ ,W V <RX SiJ

(6(1&,$6 $520$6

AO?Q>NA AH NKFK MQA D=U AJ PE '( '(6&8(172 (1 %($87< 5('

%($87< 5(' (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO 8Q DURPD DEVROXWR GH URVDV \ MD]PtQ UHYHOD WRGD OD LQWHQVLGDG GH WX HVHQFLD GH PXMHU

.KO=O NKF=O *K ATEOPA IAFKN BKNI= @A ATLNAO=N PK@= H= L=OEÃ¤J A EJPAJOE@=@ @A QJ= IQFAN MQA ?KJ AH =NKI= @A H=O NKO=O NKF=O

5 OE BQAN=O QJ= BHKN

z?QbH OANß=O +NMQß@A= ATäPE?= BHKN @A 0E=NÛ K .KO= @A QHC=NE=

#. 66% !4+0%

)ORUDO 6HQVXDO $WUDFWLYD \ QDWXUDO FRPR OD SDUDGLVtDFD µ RU GH 7LDUp

)ORUDO 6HQVXDO 0LVWHULR \ VHQVXDOLGDG HQ XQD IXVLyQ GH RUTXtGHDV \ H[yWLFDV IUXWDV

SURPRFLyQ ,W V <RX SiJ

(6(1&,$6 $520$6

$ 0,7$'

'( 35(&,2 #. 66% , . %/!

#. 66%

*5$==,$ (;27,& (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

*5$==,$ 3$5$',6( (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

*5$==,$ (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ F X

F X )ORUDO 5RPiQWLFD 'HOLFDGDV URVDV GH %XOJDULD UHYHODQ WX HVHQFLD IHPHQLQD

0NAO IAHK@ß=O MQA D=>H=J @A PE

/29( &21&(57 &RORJQH DWRPLVHXU PO IO R]

&/$66,& &21&(57 &RORJQH $WRPLVHXU PO IO R]

&yG

9DORUL]DGR HQ

)ORUDO 5RPiQWLFD 7LHUQDV QRWDV GH µ RU GH QHUROL \ JDUGHQLDV WH LQVSLUDQ D DPDU

SURPRFLyQ ,W V <RX SiJ

(VSHFLDGD (OHJDQWH )LQRV DFRUGHV GH YLROHWDV QHJUDV WRQND \ YDLQLOOD GHVSLHUWDQ WX ODGR PiV VR´ VWLFDGR

(6(1&,$6 $520$6

-QA AOP= JK?DA OA= PQ JK?DA 6(&5(7 086. (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'HVRGRUDQWH UROO RQ PO IO R] 9HU SiJ

*5$7,6 'HVRGRUDQWH UROO RQ

3$66,21 &21&(57 &RORJQH DWRPLVHXU PO IO R]

SRU OD FRPSUD GHO HDX GH SDUIXP 6HFUHW 0XVN

&yG

9DORUL]DGR HQ

)ORUDO 6HQVXDO 8QD VH[\ PHORGtD GH OLULRV GHO YDOOH MD]PLQHV \ iPEDU JULV WH YXHOYHQ LUUHVLVWLEOH

(VSHFLDGD 6HQVXDO $SDVLRQDQWHV HVSHFLDV SHUIXPDQ WX SLHO SDUD JXLDU VXV EHVRV

)E =NKI= PAOPECK @A JQAOPNK =IKN

'( '(6&8(172 (1 9$1,//$ 6&(17

9$1,//$ 6&(17 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

7DOFRV SHUIXPDGRV J R] &yG

9DORUL]DGR HQ

/RFLyQ SHUIXPDGD PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ ,W V <RX SiJ

'XOFH 5RPiQWLFD /D IHOLFLGDG WLHQH DURPD D YDLQLOOD MD]PLQHV \ OLULRV

(6(1&,$6 $520$6

AF= MQA PQ LANBQIA HK ?KJMQEOPA

(VSHFLDGR 6HQVXDO 6HFUHWDV HVSHFLDV \ Âµ RU GH QHUROL DWUDHQ OR TXH PiV GHVHDV

-$',66 (DX GH SDUIXP DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

/RFLyQ SHUIXPDGD PO IO R] &yG

9DORUL]DGR HQ

)5$*$1&,$6

6(168$/(6

35202&,Ä1 ,1683(5$%/(

KJ PQ NEPIK U ?KJ PQ =NKI=

'DQ]]tD D VROR &yG

?KJMQßOP=HK L=OK = L=OK Pé O=>AO ?äIK '$1==À$ (DX GH SDUIXP DWRPLVHXU PO IO R] 9DORUL]DGR HQ

'XOFH 6HQVXDO 3URYRFDWLYR µ LUWHR GH RUTXtGHD FDOLSVR \ VRUEHWH GH SHUD

)527$ $48À < 6,(17( (/ $520$ (1 78 3,(/

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

(63(&,$/ '( )5(6&85$

'( '(6&8(172

0é Oß O=>AO >NEHH=N !HECA AJPNA AOPKO PNAO BNAOMQßOEIKO =NKI=O MQA @AF=J LNA?EKOKO >NEHHKO AJ PQ LEAH

SURPRFLyQ ,W V <RX SiJ

NEHHKO AJ PQ LEAH

/¤ K /¤ (KO PNAO =NKI=O @A H=O ?KHKJE=O .AOLH=J@AOO PA NABNAO?=J AJ ?Q=HMQEAN IKIAJPK @AH @ß= {!HECA H= MQA IbO PA CQOP=Î 5 HK IAFKN AO MQA @AF=J HEJ@KO U @EO?NAPKO >NEHHKO AJ PK@= PQ LEAH

5(63/$1'(66 &RORQLD FRQ EULOORV PO IO R] &yG

5(63/$1'(66 ,//86,21 &RORQLD FRQ EULOORV PO IO R] &yG

5(63/$1'(66 )/25(66 &RORQLD FRQ EULOORV PO IO R] )ORUDO /LPD YHUGH \ JDUGHQLDV WH OOHQDQ GH DOHJUtD \ RSWLPLVPR

)ORUDO )UDJDQWHV OLULRV WH HQYXHOYHQ HQ HQVXHxR

)ORUDO 6HQVXDOHV µ RUHV GHO 2ULHQWH GHVSLHUWDQ WX VHQVXDOLGDG

&yG

9DORUL]DGDV HQ F X F X

(63(&,$/ '( )5(6&85$

'( '(6&8(172

)UXWDO ([yWLFDV JRWDV GH O\FKHH \ JUDQDGD

)527$ $48À < 6,(17( (/ $520$ '( 0<67,& &2&.7$,/ (1 78 3,(/

/EAJPA H= J=PQN=HAV= /EÛJPAH= AJ PQ LEAH ?KJ HKO =NKI=O @A "NQEPO Ó "HKSANO

SURPRFLyQ ,W V <RX SiJ

/Â¤ K /Â¤

)ORUDO 'HOLFDGR DURPD GH DPRURVDV IUHHVLDV HQ WX SLHO

)UXWDO 'LVIUXWD GHO UHYLWDOL]DQWH DURPD D PDUDFX\i HQ WX SLHO

(=O AOAJ?E=O @A BNQP=O BNAO?=O U =HCQJ=O Â&#x2122; KNAO EJÂ&#x2122; QUAJ LKOEPER=IAJPA AJ JQAOPNK AOP=@K @A bJEIK LKNMQA H=O NAH=?EKJ=IKO ?KJ H= REP=HE@=@ @A H= LNKLE= J=PQN=HAV=

)58,76 )/2:(56 &RORQLD PO IO R] 0\VWLF &RFNWDLO &yG

)UHHVLD %RXTXHW &yG

7URSLFDO 0DUDFX\i &yG

9DORUL]DGDV HQ F X F X

(63(&,$/ '( )5(6&85$

'( '(6&8(172

(HAR= H= OAJOQ=HE@=@ @A H=O BHKNAO KJ OQO PNAO =NKI=O IbO ATMQEOEPKO

SURPRFLyQ ,W V <RX SiJ

/Â¤ K /Â¤ (= OAJOQ=HE@=@ P=I>EÃ&#x203A;J OA @AOLEANP= = PN=RÃ&#x203A;O @AH KHB=PK KILHAIAJP= H= OAJOQ=HE@=@ @A PQ ?KHKJE= B=RKNEP= ?KJ H= HK?EÃ¤J U AH =?AEPA @A >=Ã£K @AH IEOIK =NKI= Ã©O?=HKO AJ H= LbC

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ '( 3$66,21 /,//< (1 78 3,(/

&RORQLD PO IO R] 3DVVLRQ /LOO\ &yG

6HQVXDOO\ 5RVH &yG

6HGXFLQJ 2UFKLGHD )ORUDO ([yWLFD HVHQFLD GH LQVLQXDQWHV SpWDORV

)ORUDO ([TXLVLWD FRPELQDFLyQ GH URVDV \ DFHLWHV DURPiWLFRV

)ORUDO 3URYRFDWLYDV RUTXtGHDV SHUIXPDQ WX SLHO

&yG

9DORUL]DGDV HQ F X F X

KILHAIAJP= PQ =NKI= OAJOQ=H KJ AOP=O @KO @AHE?EKO=O ATLANEAJ?E=O L=N= PK@K PQ ?QANLK

35202&,Ã&#x201E;1

$FHLWH GH EDxR FRUSRUDO PO Âµ R]

$ 62/2

F X

9DORUL]DGRV HQ F X

SRU OD FRPSUD GH XQD FRORQLD GH OD SiJ

(63(&,$/ '( )5(6&85$

$FHLWH GH EDxR FRUSRUDO

6HGXFLQJ 2UFKLGHD

&yG

6HQVXDOO\ 5RVH

&yG

3DVVLRQ /LOO\

&yG

6L GHVHDV FRPSUDU VROR XQ $FHLWH GH EDxR FRUSRUDO VLQ FRQGLFLyQ GH SURPRFLyQ StGHOR DVt 6HGXFLQJ 2UFKLGHD &yG 6HQVXDOO\ 5RVH &yG 3DVVLRQ /LOO\ &yG 3UHFLR F X

35202&,Ã&#x201E;1 /RFLyQ FRUSRUDO PO Âµ R]

$ 62/2

SURPRFLyQ ,W V <RX SiJ

F X 9DORUL]DGDV HQ F X

SRU OD FRPSUD GH XQD FRORQLD GH OD SiJ

/RFLyQ FRUSRUDO 6HGXFLQJ 2UFKLGHD

&yG

6HQVXDOO\ 5RVH

&yG

3DVVLRQ /LOO\

&yG

6L GHVHDV FRPSUDU VROR XQD /RFLyQ FRUSRUDO VLQ FRQGLFLyQ GH SURPRFLyQ StGHOD DVt 6HGXFLQJ 2UFKLGHD &yG 6HQVXDOO\ 5RVH &yG 3DVVLRQ /LOO\ &yG 3UHFLR F X

(QFXHQWUD ODV FRORQLDV SDUD FRPSOHPHQWDU WX DURPD HQ OD SiJ

0Q IKIAJPK B=RKNEPK 0Ã© @A?E@AO ?Ã¤IK OAJPENPA DKU ?KJ HKO @AHE?EKOKO =NKI=O U OQ=RE@=@ @A KJOEÃ&#x203A;JPAPA

&216,e17(7( (QHUJ\ &RORQLD PO IO R] &yG

9DORUL]DGR HQ

&RORQLD (QHUJ\ $QLPD WX GtD FRQ XQ DURPD UHYLWDOL]DQWH

/RFLyQ FRUSRUDO (QHUJ\ 6HQVDFLyQ GH VXDYLGDG FRQ UHYLWDOL]DQWH DURPD IUXWDO

/RFLyQ FRUSRUDO PO IO R] &yG

9DORUL]DGR HQ

&216,e17(7( &DOP /RFLyQ FRUSRUDO PO IO R] &yG /RFLyQ FRUSRUDO &DOP (QYXHOYH WX SLHO HQ XQD GHOLFLRVD VXDYLGDG \ FRQ XQ UHODMDQWH DURPD

&RORQLD &DOP $URPD Âµ RUDO IUXWDO TXH WH UHFRQHFWD FRQ WX \R PiV SRVLWLYR

9DORUL]DGR HQ

&RORQLD PO IO R] &yG

9DORUL]DGR HQ

)ANA?AO ?KJOAJPENPA $=O @=@K PK@K @A PE L=N= MQA ?=@= @ß= O=HC= LANBA?PK

SURPRFLyQ ,W V <RX SiJ

18(92

&216,e17(7( 6DWLVIDFWLRQ /RFLyQ FRUSRUDO PO IO R]

&RORQLD PO IO R]

&yG

9DORUL]DGR HQ

'( '(6&8(172

&RQ FiOLGDV \ UHFRQIRUWDQ WHV QRWDV GH YDLQLOOD RULHQWDO &RORQLD 'DWH XQ UHVSLUR SDUD GLVIUXWDU GH HVWH FiOLGR \ UHFRQIRUWDQWH DURPD D YDLQLOOD

/RFLyQ FRUSRUDO 1R KD\ PD\RU VDWLVIDFFLyQ SDUD WX SLHO TXH KXPHF WDUOD \ HQYROYHUOD HQ VXDYLGDG

&2//$5(6 &ROODU 'HOLFDVVLD (Q EDxR SODWHDGR FRQ GLMH HQ IRUPD GH IORU HQ HVPDOWH URVD \ ILQRV FULVWDOHV WUDQVO~FLGRV /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP

&ROODU %ORVVRP (Q EDxR SODWHDGR FRQ GLMH GH IORU IRUPDGD SRU FRUD]RQHV FDODGRV \ SHUOD HQ HO FHQWUR /DUJR UHJXODEOH D FP 0HGLGDV GHO GLMH [ FP

&ROODU %RXTXHW (Q EDxR SODWHDGR FRQ ILQDV SLHGUDV \ HVPDOWH FRORU URMR ERUJRxD /DUJR UHJXODEOH D FP 0HGLGD GHO GLMH [ FP

&yG

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

SURPRFLyQ (VWXFKH =HQVDWLRQ SiJ

9DORUL]DGR HQ

&yG

'( $&&(625,26

'( '(6&8(172

&ROODU $GGRUD (Q EDxR GH RUR FRQ JDUJDQWLOOD GH SHUODV \ GHWDOOHV FRQ FULVWDOHV WUDQVO~FLGRV /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

+DVWD DJRWDU VWRFN

&ROODU 6SLUDO (Q EDxR GH RUR EULOODQWH FRQ GLMHV FRQ PHGLDV SHUODV FRORU FUHPD /DUJR DSUR[ GHO FROODU D FP 0HGLGDV GH GLMH FHQWUDO [ FP 0HGLGDV GH GLMHV ODWHUDOHV [ FP &yG

$&&(625,26 (67,/2

)(67,9$/

??AOKNEKO QJ OEJBßJ @A KL?EKJAO L=N= RANPA B=>QHKO= z*A?AOEP=O QJ ?KHH=N L=N= AOP= JK?DA z 1JKO HAJPAO L=N= AH BEJ @A OAI=J= -QÛ P=H QJKO =NAPAO MQA ?KI>EJAJ ?KJ HK MQA PEAJAO LQAOPK

*K >QOMQAO IbO ^OEG= PEAJA L=N= PE PK@KO AOKO =??AOKNEKO MQA P=JPK JA?AOEP=O {0A R=O = OKNLNAJ@AN ?KJ OQO JKRA@KOKO U HEJ@KO @EOAãKOÎ

9DORUL]DGR HQ

z)A RAO @EBANAJPA (= I=JAN= IbO Bb?EH @A HQ?EN QJ JQARK HKKG AO ?KJ QJ OEILHA ?=I>EK @A =NAPAO 0A RANbO @EOPEJP= ?=@= @ß= {!O AH =??AOKNEK EJ@EOLAJO=>HA @A PK@= IQFANÎ

$5(7(6 $UHWHV ODUJRV %RXTXHW (Q EDxR SODWHDGR FRQ SLHGUDV \ HVPDOWH HQ FRORU URMR

&yG

9DORUL]DGR HQ

$UHWHV ODUJRV $GDULV &RQ EDxR SODWHDGR HVPDOWH FRORU FUHPD \ FULVWDOHV JULVHV /DUJR DSUR[ FP &yG

9DORUL]DGR HQ

$UHWHV ODUJRV 3DVVLRQDUH (Q EDxR GH RUR FRQ SHUODV FRORU FUHPD \ FULVWDOHV WUDQVO~FLGRV /DUJR DSUR[ FP

$UHWHV ODUJRV %ORVVRP (Q EDxR SODWHDGR FRQ SHUODV FRORU FUHPD /DUJR DSUR[ FP

$UHWHV ODUJRV /LEHOOD $UHWHV ODUJRV $PRURXV (Q EDxR SODWHDGR FRQ HVPDOWH (Q EDxR SODWHDGR FRQ ´ QRV FULVWDOHV PXOWLFRORU GH FRORU URVDGR /DUJR FP /DUJR DSUR[ FP

&yG

9DORUL]DGR HQ

SURPRFLyQ (VWXFKH =HQVDWLRQ SiJ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

$&&(625,26 (67,/2

)(67,9$/ '( $5(7(6

'( '(6&8(172

$UHWHV ODUJRV %ODFN 5RVH (Q EDxR GH SODWD FRQ HVPDOWH QHJUR \ PHGLD SHUOD

$UHWHV ODUJRV ([TXLVLW (Q EDxR GH SODWD FRQ FXHQWDV GH YLGULR GH FRORU PRUDGR \ GHWDOOHV PHWiOLFRV

&yG

9DORUL]DGR HQ

+DVWD DJRWDU VWRFN

{(=O MQEANK PK@=OÎ z(=O LQHOAN=O OKJ PQ @A>EHE@=@ ,NALbN=PA R=O = MQA@=N B=O?EJ=@= ?KJ AOPA BAOPER=H

38/6(5$6 3XOVHUD 0DWKLV (Q EDxR SODWHDGR FRQ ILQRV ODEUDGRV /DUJR UHJXODEOH D FP

3XOVHUD +HOLV &RQ SHUODV SLH]DV \ PRVWDFLOODV GRUDGDV /OHYD WDPELpQ FULVWDOHV (OiVWLFD

&yG

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

SURPRFLyQ (VWXFKH =HQVDWLRQ SiJ

$&&(625,26 (67,/2

)(67,9$/ '( $&&(625,26

'( '(6&8(172

3XOVHUD )ORULDK (Q EDxR GRUDGR FRQ FULVWDOHV D]XOHV /DUJR UHJXODEOH D FP

3XOVHUD %ORVVRP (Q EDxR SODWHDGR FRQ SHUODV FRORU FUHPD /DUJR UHJXODEOH D FP

3XOVHUD /LEHOOD (Q EDxR SODWHDGR FRQ FULVWDOHV PXOWLFRORUHV 'H DUR GXUR

&yG

9DORUL]DGR HQ

+DVWD DJRWDU VWRFN

3XOVHUD 1DFDU &RQ EDxR GH SODWD \ SLH]DV GH QiFDU HQ FRORU FUHPD /DUJR UHJXODEOH D FP

3XOVHUD 'HOLFDVVLD (Q EDxR SODWHDGR FRQ HVPDOWH WULFRORU HQ GHJUDGp \ FULVWDOHV &RQ DUR GREOH

&yG

9DORUL]DGR HQ

&yG

18(9$ &2/(&&,Ã&#x201E;1 '-$1,5$ &ROODU /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

$UHWHV ODUJRV /DUJR [ FP &yG

9DORUL]DGR HQ

3XOVHUD /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

'( '(6&8(172

SURPRFLyQ (VWXFKH =HQVDWLRQ SiJ

(Q EDxR SODWHDGR FRQ SLHGUDV \ SHUODV JULVHV

78 2)(57$ (675(//$

18(92 (VWXFKH 2FHDQV ,QFOX\H SDUHV GH DUHWHV &yG

9DORUL]DGR HQ

(Q EDxR GH RUR \ SODWD FRQ SLHGUDV HVPDOWHV \ FULVWDOHV

{(EJ@= PK@= H= OAI=J=Î L=NAO @A =NAPAO @ß=O MQA PA RANbO LNA?EKO= ?KJ AH JQARK AOPQ?DA +?A=JO

18(675$ %,-287(5,( (6

/,%5( '( 3/202

(Q EDxR SODWHDGR FRQ SLHGUDV \ HVPDOWH D]XO

'( '(6&8(172 (1 (678&+( '848(6$

(VWXFKH 0DGDP ,QFOX\H SDUHV GH DUHWHV

&XDWUR DUHWHV HQ EDxR GH SODWD \ RUR

&yG

9DORUL]DGR HQ

&2/(&&,Ã&#x201E;1 '848(6$

18(92

(VWXFKH GH FROODU \ DUHWHV /DUJR UHJXODEOH GHO FROODU D FP &yG

9DORUL]DGR HQ

18(926

$UHWHV ODUJRV /DUJR [ FP &yG

9DORUL]DGR HQ

3XOVHUD /DUJR UHJXODEOH D FP &yG

9DORUL]DGR HQ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

SURPRFLyQ (VWXFKH =HQVDWLRQ SiJ

35202&,Ã&#x201E;1 (VWXFKH =HQVDWLRQ D VROR

&yG &yG

3RU OD FRPSUD GH XQ SURGXFWR GH PDTXLOODMH \ R XQ DFFHVRULR GH OD SiJ D OD \ GH OD D OD

18(92 (VWXFKH =HQVDWLRQ ,QFOX\H FROODU \ DUHWHV /DUJR UHJXODEOH GHO FROODU D FP 0HGLGDV GHO GLMH [ FP 9DORUL]DGR HQ

(Q EDxR SODWHDGR FRQ HVPDOWH FRORU URMR \ SLHGUD

Â&#x203A;8VD HO GLMH GH IRUPDV GLVWLQWDV

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN 6L GHVHDV FRPSUDU VROR HO (VWXFKH =HQVDWLRQ VLQ FRQGLFLyQ GH SURPRFLyQ StGHOR FRQ HO &yG 3UHFLR

'( '(6&8(172

48e 7(;785$ (6 /$ 0(-25 3$5$ 7," 'HOLFLRVD \ VHQVRULDO ORFLyQ

'HOLFDGR JHO

%LIiVLFR \ HIHFWLYR

5HVWDEOHFH OD SXUH]D VXDYLGDG \ IUHVFXUD GH WX URVWUR VLQ LUULWDU OD SLHO 6H SXHGH XVDU HQ WRGR WLSR GH FXWLV LQFOXVR HO PiV VHQVLEOH

'HVPDTXtLOOD WX URVWUR VLQ PDOWUDWDU OD EHOOH]D GH WX SLHO FXLGDQGR \ SURWHJLHQGR OD GHOLFDGD ]RQD GH ORV ODELRV \ HO FRQWRUQR GH RMRV

6X IDVH ROHRVD UHWLUD KDVWD HO PDTXLOODMH D SUXHED GH DJXD \ GH ODUJD GXUDFLyQ VX IDVH DFXRVD HOLPLQD ODV LPSXUH]DV GH WX SLHO

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&$%(//2 3,(/ /AN >AHH= AO PQ IAFKN AHA??EäJ NAI=O HK?EKJAO OD=ILKKO D=U IQ?DKO O=>AN ?QbH AO AH MQA IAFKN HA D=Nb = PQ LEAH = PQ ?=>AHHK K = PQ B=IEHE= AO PQ @A?EOEäJ MQA @A>A AOP=N >EAJ EJBKNI=@= ^OEG= PA KBNA?A =MQß OQO IAFKNAO ?KJOAFKO U NA?KIAJ@=?EKJAO L=N= MQA PA IQAOPNAO >AHH= L=N= MQA RER=O ?KJ O=PEOB=??EäJ

!OPK AO IbO MQA QJ= I=O?=NEHH= /KJ =??EKJAO MQA NAJQAR=J H= LEAH @A PQ NKOPNK ?KILHAP=IAJPA

'( '(6&8(172

75,3/( $&&,Ã&#x201E;1 0$; 0DVFDULOOD H[IROLDQWH IDFLDO PXOWLEHQHILFLRV J R] &yG

9DORUL]DGR HQ

%(1(),&,26 '( 78 0$6&$5,//$ (;)2/,$17(

.A@Q?A H= =L=NEAJ?E= @A LQJPKO JACNKO )EJEIEV= H= =L=NEAJ?E= @A LKNKO =>EANPKO UQ@= = NAIKRAN ?Ã&#x203A;HQH=O IQANP=O .A@Q?A AH >NEHHK $QIA?P= /Q=REV=

$SOLFDUOD HV PX\ IiFLO (VSDUFH VREUH HO URVWUR OLPSLR FRQ PRYLPLHQWRV FLUFXODUHV \ DVFHQGHQWHV 'pMDOD DFWXDU GH D PLQXWRV \ OXHJR HQMXDJD $SOtFDOD YHFHV SRU VHPDQD

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&$%(//2 3,(/

)ßN=PA U AJ?QAJPN= QJ= IEN=@= OQLAN FKRAJ 0NELHA ??EäJ )=T PEAJA QJ= ?NAI= AOLA?E=HEV=@= AJ H= @AHE?=@= LEAH @AH ?KJPKNJK @A KFKO

%(1(),&,26 '( 78 &5(0$ 3$5$ (/ &2172512 '( 2-26

'( '(6&8(172

75,3/( $&&,Ä1 0$; &UHPD SDUD HO FRQWRUQR GH RMRV J R] &yG

9DORUL]DGR HQ

EOIEJQUA H= =L=NEAJ?E= @A =NNQC=O EOIEJQUA H= =L=NEAJ?E= @A KFAN=O EOIEJQUA H= =L=NEAJ?E= @A >KHO=O BENI= AH ?KJPKNJK @A HKO KFKO UQ@= = LNKPACAN PQ LEAH @AH IA@EK =I>EAJPA /Q=REV= H= LEAH

3UR FROiJHQR H[WUDFWR GH URVD \ FDOpQGXOD $\XGDQ D GLVPLQXLU ORV VLJQRV GH HQYHMHFLPLHQWR HQ ORV RMRV JUDFLDV D VX HIHFWR VXDYL]DQWH \ UHIUHVFDQWH

/,752

%(1(),&,26 3$5$ (/ &8(532

$QIA?P= *QPNA .AREP=HEV= /Q=REV= ARQAHRA H= BENIAV= UQ@= = LNKPACAN @AH IA@EK =I>EAJPA

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

AO?Q>NA PK@K HK MQA H=O NKO=O LQA@AJ D=?AN LKN PQ >AHHAV=

&$%(//2 3,(/

1J >=ãK @A NKO=O L=N= PK@K PQ ?QANLK

'( '(6&8(172

%(1(),&,26 3$5$ 786 0$126

$QIA?P= *QPNA /Q=REV= .AREP=HEV= UQ@= = LNKPACAN PQO I=JKO "KNP=HA?A H=O Qã=O

75,3/( $&&,Ä1 0$; /RFLyQ GH EHOOH]D SDUD HO FXHUSR 'H OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

&UHPD GH EHOOH]D SDUD PDQRV J R] &yG

9DORUL]DGR HQ

1J= ?EP= ?KJPECK IEOI= !O IKIAJPK @A ?KJOAJPENPA

0KI= QJ= @Q?D= PE>E= L=N= HEILE=N PQ LEAH U I=JPAJAN HKO LKNKO =>EANPKO

LHE?= H= HK?EäJ ?KNLKN=H ?KJ OQ=RAO I=O=FAO D=OP= MQA OA =>OKN>= LKN ?KILHAPK

"EJ=HIAJPA QO= H= ?NAI= L=N= I=JKO U @EOBNQP= PQ @ß= ?KJ QJ= LEAH PKP=HIAJPA BNAO?= U OQ=RA

1$785$/ &$5( &UHPD DFODUDGRUD IDFLDO )36 J R] &yG

9DORUL]DGR HQ

$FODUD OD SLHO HQ VHPDQDV \ PHMRUD VX WRQR &RQ URVD PRVTXHWD \ FRQFKD GH QiFDU

3UXHED GH HILFDFLD GHUPDWROyJLFD UHDOL]DGD HQ ODERUDWRULRV &ODLP FRQ PXMHUHV HQWUH \ DxRV GXUDQWH VHPDQDV XVDQGR HO SURGXFWR YHFHV DO GtD

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

0DVFDULOOD IDFLDO KLGUDWDFLyQ LQPHGLDWD J R]

*HO UHIUHVFDQWH SDUD HO FRQWRUQR GH RMRV J R]

&UHPD KLGUDWDQWH IDFLDO J R]

&yG

9DORUL]DGR HQ

'( '(6&8(172

&yG

$QWHV

'HVSXpV

+XPHFWD \ VXDYL]D OD SLHO GHO URVWUR GH IRUPD LQPHGLDWD FRQ EDUUR RUJiQLFR \ DORH

&$%(//2 3,(/

/EAJPA H= =??EÃ¤J @A HKO IAFKNAO EJCNA@EAJPAO J=PQN=HAO AJ PQ LEAH

+LGUDWD WXV SiUSDGRV ORV UHIUHVFD \ D\XGD D PHMRUDU OD DSDULHQFLD GH EROVDV RMHUDV \ OtQHDV GH H[SUHVLyQ FRQ SHSLQR \ Wp YHUGH

+LGUDWD WX SLHO \ D\XGD D SURWHJHUOD GH OD DSDULFLyQ GH ORV VLJQRV GH OD HGDG FRQ SHSLQR \ FHUDPLGDV

+25$6

GH KLGUDWDFLyQ

GH SDQHOLVWDV SUHVHQWy PHMRUD HQ OD KLGUDWDFLyQ GH OD SLHO D ODV KRUDV 5HVXOWDGRV GH SUXHED LQVWUXPHQWDO GH HÂ´ FDFLD UHDOL]DGD D ODV KRUDV GHVSXpV GH DSOLFDU HO SURGXFWR HQ YROXQWDULDV HQ ORV ODERUDWRULRV %HOFRUS

0Q LEAH PEAJA =JPKFK @A =HCK BNAO?K U J=PQN=H AHE?EKO=O HK?EKJAO ?KNLKN=HAO MQA @AF=J PQ LEAH OQ=RA U ?KJ QJ ATMQEOEPK =NKI= BNQP=H

1$785$/ &$5( )ORU GH 1DUDQMR /LWFKL /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

'XUD]QR $oDt /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

9DLQLOOD -D]PtQ /RFLyQ KXPHFWDQWH FRUSRUDO OLWUR IO R] &yG

9DORUL]DGR HQ F X

F X

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

+LGUDWD \ VXDYL]D OD SLHO &RQ UHIUHVFDQWH DURPD GH Âµ RU GH QDUDQMR \ OLWFKL

/,752

78 2)(57$ (675(//$ 6XDYL]D \ UHYLWDOL]D OD SLHO &RQ GHOLFLRVR DURPD GH GXUD]QR \ DoDt

/,752

6XDYL]D \ KXPHFWD OD SLHO &RQ UHODMDQWH DURPD GH YDLQLOOD \ MD]PtQ

0K@=O LK@AIKO PAJAN QJ= LEAH DANIKO= !HECA H= HK?EÃ¤J E@A=H L=N= PQ PELK @A LEAH

8QD ORFLyQ SHUIHFWD SDUD FDGD WLSR GH SLHO 1R PiV SLHO GH QDUDQMD

3DUD WRGD WX IDPLOLD

+LGUDWD OD SLHO H[WUD VHFD

/D SLHO GH QDUDQMD \D QR VHUi PiV XQ SUREOHPD SDUD WL $TXDORWLRQ WLHQH H[WUDFWR GH FRUDO \ DOJDV PDULQDV TXH WH D\XGDQ D HOLPLQDU ODV LPSHUIHFFLRQHV GH WX SLHO \ OD GHMD VXDYH \ KHUPRVD

0XOWLFUHP 0LON WLHQH SURWHtQDV GH OHFKH TXH KLGUDWDQ WX SLHO SRU KRUDV $GHPiV VX VXDYH SHUR HIHFWLYD IyUPXOD HV LGHDO SDUD JUDQGHV \ FKLFRV

/D SLHO H[WUD VHFD HV PiV GHOLFDGD \ SURSHQVD D VXIULU SRU ODV LQFOHPHQFLDV GHO FOLPD 0XOWLFUHP 1XWULHQWV FRQWLHQH PLHO DYHQD \ WULJR TXH EULQGDQ Pi[LPD KLGUDWDFLyQ \ UHYLWDOL]DQ WX SLHO

$48$/27,21

08/7,&5(0

3LHO /LVD /RFLyQ FRUSRUDO H[WUD KXPHFWDQWH OLWUR IO R]

0LON /RFLyQ FRUSRUDO KXPHFWDQWH OLWUR IO R]

1XWULHQWV /RFLyQ FRUSRUDO QXWULWLYD OLWUR IO R]

&yG

9DORUL]DGR HQ

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&yG

&$%(//2 3,(/

'( '(6&8(172

/,752

0K@KO @AOA=NbJ QJ= ?=NE?E= PQU= ,KNMQA PQO I=JKO MQA@=NbJ OQ=RAO A DE@N=P=@=O

0DQRV 6XDYL]D WXV PDQRV \ D\XGD D IRUWDOHFHU WXV XxDV FRQ YLWDPLQDV $ ( NHUDWLQD \ FDOFLR

&UHPD PXOWLDFWLYD SDUD PDQRV J R] &yG

9DORUL]DGR HQ

$KU >NEHH=NbO @A ?QANLK AJPANKÎ (K?EKJAO ?KNLKN=HAO MQA @AF=J PQ LEAH OQ=RA U ?KJ QJ AHAC=JPA >NEHHK

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&$%(//2 3,(/

+XPHFWD VXDYL]D H LOXPLQD WX SLHO FRQ GHVWHOORV SHUODGRV

6XDYL]D KXPHFWD WX SLHO \ GHMD XQ VHQVXDO EULOOR GRUDGR

'( '(6&8(172

(1&$172 '( 3(5/$6 /RFLyQ OXPLQRVD PO IO R] &yG

9DORUL]DGR HQ

6('$ 252 /RFLyQ OXPLQRVD PO IO R] &yG

9DORUL]DGR HQ

EOBNQP= @AH OKH ?KJ PKP=H LNKPA??EÃ¤J EOBNQP= @AH =ENA HE>NA LNKPACEÃ&#x203A;J@KPA @A HKO N=UKO OKH=NAO

3URWHJH OD SLHO GH ORV UD\RV 89$ \ 89% TXH FDXVDQ HO HQYHMHFLPLHQWR SUHPDWXUR

'( '(6&8(172

3(5)(&7 681 $GXOWRV 3URWHFWRU VRODU URVWUR \ FXHUSR )36 3$ J R] &yG

9DORUL]DGR HQ

.LGV 3URWHFWRU VRODU SDUD QLxRV URVWUR \ FXHUSR )36 3$ J R] &yG

9DORUL]DGR HQ

3URWHJH OD GHOLFDGD SLHO GH ORV QLxRV GHO VRO (YLWD HO HQURMHFLPLHQWR H LUULWDFLyQ

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

$ 0,7$'

'( 35(&,2

(K?EKJAO MQA @AF=J PQ LEAH OQ=RA U ?KJ AH =NKI= @A PQ BN=C=J?E= B=RKNEP=

/RFLRQHV SHUIXPDGDV PO IO R] 9DORUL]DGDV HQ F X F X

&yG

&$%(//2 3,(/

0K@= IQFAN MQEANA QJ= LEAH ATMQEOEP=

&yG

)ßN=PA =H AOLAFK U OKJNßAÎ K@U ,ANBA?PEKJ PA =UQ@= = IK@AH=N PQ BECQN=

&RQ URGLOORV PDVDMHDGRUHV

3UiFWLFD HVSiWXOD SDUD PHMRU DSOLFDFLyQ

%2'< 3(5)(&7,21

!HEIEJ= HKO RAHHKO

.AP=N@= OQ ?NA?EIEAJPK

AF= PQO LEANJ=O OQ=RAO

'HSLODFWLYH &UHPD GHSLODWRULD J R] &yG

9DORUL]DGR HQ

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

)K@AH= PQ OEHQAP=

UQ@= = NA@Q?EN HKO @ALäOEPKO @A CN=O= @A H= LEAH

/LSR (IIHFW 0DVVDJHU &UHPD JHO FRUSRUDO PDVDMHDGRU PO IO R] &yG

9DORUL]DGR HQ

&$%(//2 3,(/ (VIHUDV TXH D\XGDQ D PDVDMHDU OD SLHO

'( '(6&8(172

HEO= H= LEAH @A J=N=JF=

UQ@= = NA@Q?EN H=O AOPNß=O

'XDOLVV *HO DOLVDGRU GH HVWUtDV \ SLHO GH QDUDQMD PO IO R] &yG

9DORUL]DGR HQ

BENI= H= LEAH @AH >QOPK

(= OQ=REV= A DE@N=P=

)LUPLQJ %XVW *HO DILUPDQWH SDUD EXVWR PO IO R] &yG

9DORUL]DGR HQ

,EAO DANIKOKO = ?=@= L=OK

,NQA>= H= HßJA= ?KILHAP= L=N= MQA HQV?=O QJKO LEAO DANIKOKO

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&$%(//2 3,(/

(OLPLQD LPSXUH]DV \ FpOXODV PXHUWDV &RQ FiVFDUD GH QXH] SLHGUD SyPH] \ PHQWRO

'( '(6&8(172

/À1($ 3$5$ 3,(6 &UHPD H[IROLDQWH SDUD SLHV J R] 6XDYL]D \ UHIUHVFD &RQ H[WUDFWR GH RUTXtGHD ODYDQGD \ PHQWRO

&yG

&UHPD KXPHFWDQWH J R] &yG

&UHPD SDUD SLHV FRQ DVSHUH]DV \ FDOORVLGDGHV J R] &yG

9DORUL]DGR HQ F X F X

1J= ?EP= ?KJPECK IEOI= !O IKIAJPK @A ?QE@=N PQO LEAO

(OLPLQD FDOORV \ DVSHUH]DV &RQ H[WUDFWR GH DYHQD iFLGR VDOLFtOLFR \ PHQWRO

!ILEAV= @bJ@KHAO QJ OQ=RA I=O=FA ?KJ ?NAI= ATBKHE=JPA

!JFQbC=HKO U OÛ?=HKO OQ=RAIAJPA

KHä?=HAO QJ LK?K @A ?NAI= DQIA?P=JPA U MQA@=NbJ {IbO OQ=RAO MQA JQJ?=Î !H PKMQA J=H Û?D=HAO P=H?K =Oß HKO OAJPENbO BNAO?KO PK@K AH @ß=

.AL=N=?EäJ ,NKBQJ@= .AL=N= AH ?=>AHHK @=ã=@K LKN AH QOK @A LH=J?D= OA?=@KN= PEJPAO U @A?KHKN=JPAO ,NAREAJA H= ?=ß@= @AH ?=>AHHK LKN MQEA>NA

/22. &$5( 5HSDUDFLyQ ([WUHPD 6KDPSRR PO IO R] &yG

$FRQGLFLRQDGRU PO IO R] &yG

9DORUL]DGR HQ F X F X

5HVXOWDGRV REWHQLGRV HQ ODERUDWRULR VREUH FDEHOOR QDWXUDO DSOLFDQGR OD UXWLQD FRPSOHWD /RRN &DUH YV VKDPSRR VLQ DJHQWHV DFRQGLFLRQDGRUHV

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

.AL=N= PQ ?=>AHHK L=N= MQA AH QOK @A LH=J?D=O OA?=@KN=O U PEJPAO JK @AFAJ DQAHH=

3DUD WRGR WLSR GH FDEHOOR 5HVWDXUD ODV SXQWDV SDUWLGDV \ ODV VHOOD 3URWHJH WX FDEHOOR GH ORV HIHFWRV GHO VRO

5HVWDXUD WX FDEHOOR GHO GDxR SURYRFDGRV SRU TXtPLFRV VHFDGRUD SODQFKD \ WLQWHV

3DUD WRGR WLSR GH FDEHOOR ,QFUHPHQWD HO EULOOR GH WX FDEHOOR \ D\XGD D GHMDUOR VXDYH \ VHGRVR

&$%(//2 3,(/

-QÃ&#x203A; >QAJK AO HQ?EN QJ ?=>AHHK O=HQ@=>HA

'( '(6&8(172

/22. &$5( 5HSDUDFLyQ ([WUHPD 0DVFDULOOD GREOH UHSDUDFLyQ QRFWXUQD PO IO R] &yG

9DORUL]DGR HQ

/RFLyQ UHVWDXUDGRUD GH SXQWDV PO IO R] &yG

9DORUL]DGR HQ

%ULOOR 0i[LPR 6SUD\ PD[LPL]DGRU GH EULOOR PO IO R] &yG

9DORUL]DGR HQ

0A R= = CQOP=N LKNMQA /KJ AH ?KILHAIAJPK LANBA?PK L=N= I=JPAJAN PQ ?=>AHHK ?KJ QJ= =L=NEAJ?E= O=HQ@=>HA

(KO LQA@AO =LHE?=N AJ PK@K PELK @A ?=>AHHK

/KJ IQU Bb?EHAO @A QO=N

.EVKO RA?AO IbO @AÂ&#x2DC; JE@KO UQ@= = @AÂ&#x2DC; JEN PQO NEVKO U NA@Q?A AH BNEVV ,NKPACA PQ ?=>AHHK U HK I=JPEAJA ?KJ AOA IKREIEAJPK J=PQN=H MQA OEAILNA MQEOEOPA

0Q ?=>AHHK OA RA IAFKN MQA JQJ?= =HA OQ IAFKN =L=NEAJ?E= OEJ O=HEN @A ?=O=

/22. &$5( 5L]R ([WUHPR &UHPD SDUD SHLQDU PO IO R] &yG

9DORUL]DGR HQ

6KDPSRR PO IO R] &yG

9DORUL]DGR HQ

$FRQGLFLRQDGRU PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

'( '(6&8(172

RA?AO IbO HEOK

&$%(//2 3,(/

HEJA= H=O DA>N=O @A PQ ?=>AHHK L=N= =QIAJP=N OQ HEOK J=PQN=H ,NKPACA AH ?=>AHHK @A HKO @=Ã£KO ?=QO=@KO LKN H=O LH=J?D=O

/LVR $EVROXWR &UHPD SDUD SHLQDU PO IO R] &yG

9DORUL]DGR HQ

6KDPSRR PO IO R] &yG

9DORUL]DGR HQ

$FRQGLFLRQDGRU PO IO R] &yG

9DORUL]DGR HQ

5HVXOWDGRV REWHQLGRV HQ ODERUDWRULR VREUH FDEHOOR QDWXUDO DSOLFDQGR OD UXWLQD FRPSOHWD /RRN &DUH YV VKDPSRR VLQ DJHQWHV DFRQGLFLRQDGRUHV

0Q ?=>AHHK HQ?A LANBA?PK KJ QJ OD=ILKK AJ HK HEILE=O =?KJ@E?EKJ=O U D=OP= =DKNN=O PEAILK

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

/,752

78 2)(57$ (675(//$

HQ 7RGR WLSR GH FDEHOOR $XPHQWD HO EULOOR FRQ DOPHQGUDV \ IRUWDOHFH OD Â´ EUD FDSLODU FRQ JHUPHQ GH WULJR

$/9,(172 HQ 3DUD WRGR WLSR GH FDEHOOR 6KDPSRR DFRQGLFLRQDGRU OLWUR IO R] &yG

9DORUL]DGR HQ

/,752

&DEHOOR ([WUD 6HFR +XPHFWD \ GD EULOOR FRQ DFHLWH GH MRMRED SURWHJH OD Â´ EUD FDSLODU FRQ NLZL

&DEHOOR 6HFR 6XDYL]D \ DFRQGLFLRQD FRQ DFHLWH GH FRFR KXPHFWD \ GHMD GyFLO HO FDEHOOR FRQ DJXDFDWH

&DEHOOR 1RUPDO )RUWDOHFH OD Â´ EUD FDSLODU FRQ DYHQD \ OH GD VXDYLGDG \ YLGD FRQ PLHO

$/9,(172 &DEHOOR 6HFR 6KDPSRR OLWUR IO R]

&DEHOOR ([WUD 6HFR 6KDPSRR OLWUR IO R]

&DEHOOR 1RUPDO 6KDPSRR OLWUR IO R]

&yG

9DORUL]DGR HQ

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&DEHOOR *UDVR &RQWUROD HO QLYHO GH JUDVD FRQ OLPyQ \ UHIUHVFD FRQ ViELOD

&$%(//2 3,(/

/,752

/LPSLD \ DFRQGLFLRQD D OD YH]

'( '(6&8(172

9,7$/ 'XDFWLRQ HQ 6KDPSRR DFRQGLFLRQDGRU OLWUR IO R] &yG

9DORUL]DGR HQ

&DEHOOR *UDVR 6KDPSRR OLWUR IO R] &yG

9DORUL]DGR HQ

)bTEI= LNKPA??EÃ¤J ?KJ PQO =NKI=O B=RKNEPKO

3DUD (OOD

AOK@KN=JPAO L=N= PE U L=N= Ã&#x203A;H MQA PA LNKPACAJ @A H= PN=JOLEN=?EÃ¤J U AH I=H KHKN

&yG

,NKPACAJ @AH I=H KHKN %JPAJOEBE?=J AH =NKI= @A PQ BN=C=J?E= B=RKNEP=

&yG

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

&yG

&$%(//2 3,(/

3DUD eO

'( '(6&8(172

'HVRGRUDQWHV UROO RQ PO IO R] 9DORUL]DGRV HQ F X F X

&yG

8QLVH[

&yG

&yG &yG

&yG

>N=V= ?KJ ?KJBE=V= $=OP= DKN=O @A LNKPA??EäJ ?KJPN= H= PN=JOLEN=?EäJ

727$/ 6(& 'HVRGRUDQWH DQWLWUDQVSLUDQWH UROO RQ PO IO R] 8QLVH[ &yG +RPEUH &yG 0XMHU &yG 9DORUL]DGR HQ F X F X

81,6(;

3$5$ e/

8QLVH[ &RQ IUDJDQFLD QHXWUD

3DUD pO &RQ UHIUHVFDQWH IUDJDQFLD PDVFXOLQD

3$5$ (//$

3DUD HOOD &RQ GHOLFDGR DURPD µ RUDO

DKN=O @A BNAO?QN= U OACQNE@=@ AJ QJ OKHK POOOO 0KP=H /A? =DKN= P=I>EÛJ AJ OLN=U L=N= QJ OA?=@K QHPN=NNbLE@K

SURPRFLyQ 7ULSOH $FFLyQ 0D[ SiJ

18(92 727$/ 6(& 0XMHU 'HVRGRUDQWH VSUD\ PO IO R] &yG

'( '(6&8(172

8QLVH[ 'HVRGRUDQWH VSUD\ PO IO R] &yG

9DORUL]DGR HQ F X F X

08-(5

81,6(;

AOK@KN=JPA JPEPN=JOLEN=JPA @A IbTEI= LNKPA??EÃ¤J

/A?= NbLE@=IAJPA U JK I=J?D= H= NKL=

0K@K HK MQA PQ LEAH MQEANA AJ QJ= OKH= ?NAI= KJ OQO >AJABE?EKO 0NELHA ??E채J )=T AO H= =UQ@= IbO ?KILHAP= L=N= RAJ?AN =H PEAILK

.AOQHP=@KO ?KILNK>=@KO

GH ODV PXMHUHV VLQWLy OD SLHO PiV KXPHFWDGD GH ODV PXMHUHV VLQWLy PHQRV LPSXUH]DV HQ OD SLHO

>AJABE?EKO

35202&,Ä1 7ULSOH $FFLyQ 0D[ FUHPDV IDFLDOHV D VROR

F X

3RU OD FRPSUD GH XQ SURGXFWR GHO FDWiORJR

>AJABE?EKO

.AOQHP=@KO ?KILNK>=@KO

GH ODV PXMHUHV VLQWLy PHMRUtD HQ OD DSDULHQFLD GH DUUXJDV GH ODV PXMHUHV SHUFLELy VX SLHO PiV FODUD

Qß@=HK ?KJ HK IAFKN Cé ,KNMQA PEAJA PNAO HßJA=O AOLA?E=HEV=@=O ?KJ PK@K HK MQA PQ >A>Û JA?AOEP= @AO@A OQ J=?EIEAJPK z5= O=>AO ?QbH AO H= IbO =@A?Q=@= L=N= ?=@= A@=@ U ?=@= JA?AOE@=@ @A PQ >A>Û MQß PA HK ATLHE?=IKO

Cé )bTEIK QE@=@K .A?EÛJ J=?E@KO (K ?QE@= @AO@A MQA J=?A D=OP= HKO IAOAO ?KJ EJCNA@EAJPAO J=PQN=HAO OEJ =H?KDKH {U OEJ ENNEP=N OQO HEJ@KO KFEPKOÎ GH D PHVHV

Cé =>U .AH=T .AH=F= = PQ >A>Û /QO @AHE?=@=O JKP=O @A F=VIßJ I=JV=JEHH= U ?=JAH= HA @=J QJ= OAJO=?EäJ @A ?KJBKNP U >EAJAOP=N *K PEAJA =H?KDKH JE ?KHKN=JPAO =NPEBE?E=HAO

GH D PHVHV

Cé ,=N= AH ?QE@=@K @E=NEK /KJ LNK@Q?PKO ?KJ EJCNA@EAJPAO OQ=RAO U @AHE?EKOKO =NKI=O L=N= IEI=NHK U ?NA=N AOA H=VK P=J AOLA?E=H AJPNA I=Ib A DEFK { AO?é>NAHKOÎ GH D PHVHV

SURPRFLyQ 2UJDQL]DGRU /LWWOH %DE\ SiJ

6KDPSRR $J~ &RQ HVHQFLDV GH PLHO \ WULJR SDUD TXH WHQJD HO FDEHOOR PiV IXHUWH \ VDQR

/,752

6KDPSRR $J~ %DE\ 5HOD[ 8Q VROR SURGXFWR TXH FXLGD VX FDEHOOR \ SLHO LGHDO SDUD HO EDxR DQWHV GH GRUPLU

6KDPSRR $J~ 0i[LPR &XLGDGR )yUPXOD H[WUD VXDYH 8Q VROR SURGXFWR TXH QXWUH VXDYL]D \ SURWHJH VX SLHO \ FDEHOOR

1,f26 %(%e6

/,752

GH D PHVHV

$*Ã&#x2021;

6KDPSRR FRQ PLHO \ WULJR OLWUR IO R]

%DE\ 5HOD[ 6KDPSRR FDEHOOR \ FXHUSR OLWUR IO R]

0i[LPR &XLGDGR 6KDPSRR FDEHOOR \ FXHUSR OLWUR IO R]

&yG

9DORUL]DGR HQ

'H PO IO R]

&yG

9DORUL]DGR HQ

'( '(6&8(172 (1 (/ 6+$0322 %$%< 5(/$; 0/ )/ 2=

*=?A PQ >A>Û J=?A AH IAFKN ?QE@=@K

/,752 &RORQLD 7LHUQR DURPD QDWXUDO FRQ IyUPXOD VXDYH \ YLWDPLQD ( SDUD HO UHFLpQ QDFLGR

QE@= OQ LEAH ?KJ H= HßJA= AOLA?E=HEV=@= Cé )bTEIK QE@=@K

$*Ç 0i[LPR &XLGDGR &UHPD FRUSRUDO KXPHFWDFLyQ KRUDV J R]

&UHPD &RQ DYHQD \ SURWHtQDV GH OHFKH 'HMD VX SLHO VXDYH \ SURWHJLGD WRGR HO GtD

&yG

9DORUL]DGR HQ

'H J R] &yG

9DORUL]DGR HQ

&RORQLD VLQ DOFRKRO OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

/¤ K /¤ !H OKJ=FANK AO AH LNEIAN FQCQAPA E@A=H L=N= PQ >A>Û (A AJ?=JP=Nb LKNMQA =H I=JELQH=NHK K>PEAJA OKJE@KO U HK LQA@A IKN@AN U PEN=N

SURPRFLyQ 2UJDQL]DGRU /LWWOH %DE\ SiJ

GH D PHVHV

1,f26 %(%e6

0Q >A>Û @KNIENb NEMQßOEIK

'( '(6&8(172

/,752

KJ AH PEANJK =NKI= @A HKO LNK@Q?PKO Cé =>U .AH=T

/RFLyQ 'HOLFDGD FDULFLD TXH VXDYL]D VX SLHO \ OR D\XGD D GRUPLU SURIXQGDPHQWH

&RORQLD 7LHUQR DURPD µ RUDO FRQ QRWDV GH MD]PtQ \ YDLQLOOD TXH OR UHIUHVFD \ OR UHODMD

$*Ç

7DOFR 3URWHJH VX SLHO FRQ IpFXODV GH PDt] DORH PDQ]DQLOOD µ RUHV GH D]DKDU \ FDQHOD

%DE\ 5HOD[ /RFLyQ KLGUDWDQWH SDUD PDVDMHV PO IO R] &yG

9DORUL]DGR HQ

&RORQLD OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

7DOFR J R] &yG

9DORUL]DGR HQ

/¤ K /¤

GH D PHVHV

/E PQ >A>Û HHKN= AJ H= JK?DA D=VHA PEANJ=O ?=NE?E=O D=OP= MQA AOPÛ = LQJPK @A RKHRAN = @KNIEN ,NK?QN= JK MQA@=NPA IbO @A IEJQPKO

GH D PHVHV

$*Ã&#x2021; 7DOFR FRQ IpFXODV GH PDt] J R]

7DOFR 0DQWLHQH VX SLHO VXDYH \ VHFD \ OR GHMD FyPRGR \ IUHVFR WRGR HO GtD

&RORQLD 7LHUQR DURPD FRQ Âµ RUHV GH PDQ]DQLOOD TXH OR GHMDUi IUHVFR \ UHODMDGR

6KDPSRR /H GDUi D VX FDEHOOR FODUR EULOOR \ VXDYLGDG

&RORQLD 6XDYH DURPD FtWULFR TXH OR UHIUHVFD D WRGD KRUD

&yG

9DORUL]DGR HQ

&RORQLD FRQ IORUHV GH PDQ]DQLOOD OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

6KDPSRR FRQ PDQ]DQLOOD \ DFHLWHV GH DOJRGyQ OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

&RORQLD IUHVFD OLWUR IO R] &yG

9DORUL]DGR HQ

'H PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ 2UJDQL]DGRU /LWWOH %DE\ SiJ

/,752

2UJDQL]DGRU /LWWOH %DE\ D VROR

&yG

SRU OD FRPSUD GH XQ SURGXFWR GH OD SiJ D OD SiJ

2UJDQL]DGRU /LWWOH %DE\ 2UJDQL]DGRU XQLVH[ SDUD ODV FRVDV GHO EHEp 0HGLGDV FP GH ODUJR FP GH DQFKR \ FP GH DOWR 9DORUL]DGR HQ ,GHDO SDUD SDxDOHV WDOFR \ EDEHURV

7LHUQR GLVHxR GH RYHMLWDV

0A R= = CQOP=N LKNMQA 0AJ@NbO PK@K =H =H?=J?A @A H= I=JK

!H ?Q=NPK @A PQ >A>Ã&#x203A; OA RANb KN@AJ=@K

/Q @EOAÃ£K AO IQU HEJ@K

3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

(= BQANV= AOPb ?KJPECK KI=J@K "KN?A PA =UQ@= = I=JPAJAN HEILEK U CQ=LK = PQ OQLANDÃ&#x203A;NKA

SURPRFLyQ (VWXFKH +DOORZHHQ y &DGHQD )RUFH &RGH SiJ

1,f26 %(%e6

'( '(6&8(172

8Q KXUDFiQ GH IUHVFXUD FRQ DURPD D GHOLFLRVDV IUXWDV

5HIUHVFDQWH DURPD SDUD VXSHUKpURHV TXH GHVLQWHJUD D ORV 0XJU\[

3HUPLWH KDFHU ORV SHLQDGRV PiV GLYHUWLGRV \ PRGHUQRV

0i[LPD HVSXPD TXH HOLPLQD WRGR UDVWUR GH VXFLHGDG HQ HO FDEHOOR

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ ;3/$6+ (1 78 3,(/

&20$1'2 )25&( 6SXPDWDN 6KDPSRR HQ PO IO R]

;SODVK &RORQLD PO IO R]

$URPD[ &RORQLD PO IO R]

3DUDJHOL[ *HO J R]

&yG

9DORUL]DGR HQ

&ROODU 3HTXHxD IH

(Q EDxR GRUDGR \ SODWHDGR FRQ HVPDOWHV OLQGDV SLHGUDV \ FULVWDO WUDVO~FLGR

,QFOX\H GLMH FRQ IRUPD GH DQJHOLWR 0HGLGDV DSUR[ [ FP &yG

9DORUL]DGR HQ

(VWXFKH GH DQLOORV 3ULQFHVV 7UHV SDUHV GH DQLOORV FRQ IRUPDV GH SULQFHVD HVWUHOOD \ FRURQD 7DOOD UHJXODEOH &yG

9DORUL]DGR HQ

&ROODU HQ EDxR GH RUR \ GLMH FRQ XQ FULVWDO WUDVO~FLGR

(VWXFKH 7RUWXJXLWD ,QFOX\H FROODU \ DUHWHV HQ XQ OLQGR HVWXFKH GH PDWHULDO WLSR WHUFLRSHOR /DUJR DSUR[ FP 0HGLGDV GHO GLMH [ FP

(Q EDxR SODWHDGR FRQ HVPDOWHV SLQWDGRV D PDQR \ OLQGRV FULVWDOHV URVDGRV

&yG

9DORUL]DGR HQ

SURPRFLyQ (VWXFKH +DOORZHHQ y &DGHQD )RUFH &RGH SiJ

18(675$ %,-287(5,( (6

/,%5( '( 3/202

1,f26 %(%e6

'( '(6&8(172 (1 (/ &2//$5 67$5(//$

(Q EDxR GH RUR FRQ FULVWDOHV \ HVPDOWHV SLQWDGRV D PDQR GH FRORU PRUDGR \ WXUTXHVD

&2/(&&,Ã&#x201E;1 67$5(//$ &ROODU ,QFOX\H GLMH FRQ IRUPD GH PDULSRVD \ FULVWDO FHOHVWH 0HGLGDV DSUR[ GHO GLMH FP [ FP

$UHWHV

$UHWHV ODUJRV

&yG

9DORUL]DGR HQ

3XOVHUD ,QFOX\H GLMH GH PDULSRVD \ FULVWDO FHOHVWH 0HGLGDV GHO GLMH FP [ FP

&yG

9DORUL]DGR HQ

)=IE MQEANK OAN ?KIK PéÎ )QU IQU HEJ@= U ?KJ )EJE DE?O IA OEAJPK =Oß PK@KO HKO @ß=O

&RQ PDQ]DQLOOD \ SURWHtQDV GH WULJR UHVDOWD HO FRORU QDWXUDO GHO FDEHOOR FODUR

0RGHUQR DURPD µ RUDO IUXWDO VROR SDUD FKLFDV FRRO

/¤ K /¤ ,=N= MQA PQ LAMQAã= AOPÛ OEAILNA N=@E=JPA @EHA MQA AHH= AO AOLA?E=H LKNMQA AO éJE?= EHA ?QbJ BAHEV PA OEAJPAO @A OAN OQ I=IE U JK KHRE@AO ?AHA>N=N U BAOPAF=N PK@KO OQO HKCNKOÎ

&DQG\ \ .HOO\ 6KDPSRR PDQ]DQLOOD HQ PO IO R]

.HOO\ 7HFK 5XEL 'LYLQH &RORQLD FRQ FKLVSHDQWHV &RORQLD FRQ FKLVSHDQWHV HVWUHOODV PO IO R] HVWUHOODV PO IO R]

&yG

9DORUL]DGR HQ

SURPRFLyQ (VWXFKH +DOORZHHQ y &DGHQD )RUFH &RGH SiJ

1,f26 %(%e6

'( '(6&8(172 (1 /$ &2/21,$ .(//< 7(&+

8Q DURPD GH GHOLFLRVDV Âµ RUHV \ IUXWDV SDUD ODV FKLFDV PiV IDVKLRQ

3DUD TXH HOOD SXHGD OXFLU HO SHLQDGR PiV GLYHUWLGR \ FRQ EULOORV PX\ PRGHUQRV

(Q XQ VROR SDVR VX FDEHOOR TXHGDUi OLPSLR VHGRVR \ FRQ XQ ULTXtVLPR DURPD D WXWWL IUXWWL

'HVHQUHGD HO FDEHOOR OH GD XQ EULOOR IDEXORVR \ OR GHMD OLVWR SDUD ORV SHLQDGRV PiV OLQGRV

'HMD VX SLHO PX\ VXDYH FRQ XQ RORU ULTXtVLPR \ FRQ SUHFLRVRV EULOORV

0,1, &+,&6 7LQD \ /LVD /LVD &RRO *HO FRQ FKLVSLWDV SDUD HO 6KDPSRR HQ FDEHOOR PO IO R] PO IO R]

7LQD 'DQFH 'HVHQUHGDQWH PiJLFR PO IO R]

&DQG\ 6ZHHW /RFLyQ SDUD HO FXHUSR FRQ FKLVSLWDV PO IO R]

&yG

9DORUL]DGR HQ

'HVHQUHGD DO Pi[LPR VX FDEHOOR RQGXODGR \ OR GHMD KHUPRVR

PQO LAMQAÃ£KO HAO CQOP= OAJPENOA HEILEKO U BNAO?KO

5 IAFKN OE AO ?KJ HKO @ERANPE@KO LANOKJ=FAO @A $=LLU HQ>

+$33< &/8%

0DQWLHQH VX FDEHOOR OLVLWR \ VHGRVR

6X DURPD D OLPyQ OR KDUi VHQWLUVH PX\ IUHVFR GHVSXpV GHO EDxR

1XU\ *OXE\ 6KDPSRR FDEHOOR RQGXODGR HQ PO IO R] &yG

'HOIL 6SODVK 6KDPSRR FDEHOOR OLVR HQ PO IO R] &yG

9DORUL]DGRV HQ F X &RFR]LxR &RORQLD SDUD QLxRV PO IO R] &yG

+LSRSRYD &RORQLD SDUD QLxDV PO IO R] &yG

9DORUL]DGDV HQ F X F X

6X ULFR DURPD D QDUDQMD OD YD D GHMDU ROLHQGR GHOLFLRVR

SURPRFLyQ (VWXFKH +DOORZHHQ y &DGHQD )RUFH &RGH SiJ

35202&,Ã&#x201E;1 (VWXFKH +DOORZHHQ D VROR

(Q EDxRV GH RUR \ SODWD FRQ HVPDOWHV GH FRORUHV SLQWDGRV D PDQR FRQ FULVWDO \ SHUOD

&yG

\ &DGHQD )RUFH &RGH D VROR

&yG

3RU OD FRPSUD GH XQ SURGXFWR GH QLxRV \ EHEHV

&DGHQD HQ EDxR SODWHDGR \ GLMH FRQ HVPDOWH SLQWDGR D PDQR

&DGHQD )RUFH &RGH SDUD QLxR (O GLMH WLHQH OD LPDJHQ GH &RPDQGR )RUFH \ VX ERUGH EULOOD HQ OD RVFXULGDG 0HGLGDV DSUR[ [ FP 9DORUL]DGR HQ Â&#x203A;%ULOOD HQ OD RVFXULGDG

18(9$ (VWXFKH GH DUHWHV +DOORZHHQ ,QFOX\H VLHWH SDUHV GH DUHWHV FRQ GLIHUHQWHV GLVHxRV \ XQ IROOHWR TXH FXHQWD XQD KLVWRULD GH +DOORZHHQ 9DORUL]DGR HQ %ULOOD HQ OD RVFXULGDG 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN 6L GHVHDV FRPSUDU VROR HO (VWXFKH +DOORZHHQ VLQ FRQGLFLyQ GH SURPRFLyQ StGHOR FRQ HO &yG 3UHFLR 6L GHVHDV FRPSUDU VROR OD &DGHQD )RUFH &RGH VLQ FRQGLFLyQ GH SURPRFLyQ StGHOD FRQ HO &yG 3UHFLR

DURPDV !(!# *0!/

/$ (/(*$1&,$ 7,(1( 0Â½6 '( 81 (67,/2

'( '(6&8(172 (1 'Â256$<

' 256$< &/$66 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

' 256$< &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

SURPRFLyQ ,W V <RX SiJ

+HUEDO (OHJDQWH 6RÂ´ VWLFDGDV QRWDV GH VDOYLD \ ODYDQGD VH PH]FODQ FRQ OD LUUHVLVWLEOH IXVLyQ GH ViQGDOR FHGUR \ YHWLYHU

+HUEDO (OHJDQWH 6RÂ´ VWLFDGRV DFRUGHV GH UREOH YHUEHQD \ YHWLYHU

e/ e/ +./ 5 ( //

(= I=CE= @A HKO =NKI=O 1J= >QAJ= BN=C=J?E= PEAJA AH LK@AN @A @AOLANP=N OAJPEIEAJPKO NAREREN NA?QAN@KO U LKN OQLQAOPK =QIAJP=N AH =PN=?PERK ,KN AOK QJ LANBQIA JK AO OKHK QJ KHKN =CN=@=>HA OEJK QJ IQJ@K IbCE?K HHAJK @A OAJO=?EKJAO

+./ 5

(/,*,5 81$ )5$*$1&,$ $/ $=$5" -$0½6

62 2 (5 $' 0

2 ,& 75 &À

&À 75 ,& 2

$/ 5% +(

+( 5% $/

2 $' &, ( 3 (6 0 $' (5 2 62

7,9 $&

6 ('8 2 &7 51 25 ( ' 2 0 2 $' &, 3( (6

(/ (* $1 7(

!J AH >=JE?K @A NKI=O @A ^OEG= AJ?QAJPN= OQ BN=C=J?E= E@A=H

0$'(5262

+(5%$/

&À75,&2

(63(&,$'2

+(5%$/

0$'(5262

(63(&,$'2

«O=HK =Oß 1>E?= QJK @A HKO CNQLKO OACéJ OQ AOPEHK !HAC=JPA )K@ANJK /A@Q?PKN K ?PERK (QACK AHECA AH =NKI= OACéJ H= B=IEHE= KHB=PER= !OLA?E=@K )=@ANKOK $AN>=H K ßPNE?K

!OP=O OAã=HAO PA CQE=NbJ = AJ?KJPN=N AH =NKI= MQA >QO?=O AJ AH ?=PbHKCK )5$*$1&,$6

(/(*$17(6 ,PSHULXP $]DEDN 'RUVD\ 'RUVD\ &ODVV

)5$*$1&,$6

02'(51$6

.DORV %ODFN +LJKZD\ &DUGLJDQ

)5$*$1&,$6

6('8&725$6 6WURQJ 0XVN 9DQLOOD +RPEUH .DORV 7RQLJKW 9HKHPHQFH SDUD pO ,PiQHP %UDYtR 0D[ ([XV 3XOVR 6DOYDMH )RJRV

)5$*$1&,$6

$&7,9$6

$YHQWRXU )RU]H .DORV 6SRUW $OWKHXV ,WV <RX ,WV <RX /LYH

'( '(6&8(172 (1 +,*+:$<

&$5',*$1 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

+,*+:$< &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

(6(1&,$6 $520$6

$520$6 02'(5126 3$5$ (/ +20%5( '( +2<

.$/26 63257 &RORJQH DWRPLVHXU PO IO R]

.$/26 %/$&. &RORJQH DWRPLVHXU PO IO R]

&yG

9DORUL]DGR HQ

7DOFRV SHUIXPDGRV J R] &yG

9DORUL]DGR HQ

+HUEDO $FWLYR (QpUJLFDV QRWDV FtWULFDV FHGUR YHWLYHU \ PXVN

SURPRFLyQ ,W V <RX SiJ

(VSHFLDGR 0RGHUQR 0DGHUDV H[FOXVLYDV \ HVSHFLDV ~QLFDV SDUD HO KRPEUH GLVWLQJXLGR

e/ e/

6,03/(0(17( 7Ã&#x2021; ,7 6 <28 /,9( )UDJDQFLD XQLVH[ (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'HVRGRUDQWH UROO RQ PO IO R]

*5$7,6 'HVRGRUDQWH UROO RQ 3RU OD FRPSUD GH OD IUDJDQFLD ,W V <RX /LYH 9DORUL]DGR HQ

&tWULFD $FWLYD /D IUHVFXUD GH XQD QRFKH GH YHUDQR PDQGDULQDV LWDOLDQDV QRWDV PDULQDV \ KRMDV GH EDPE~

)5$*$1&,$6

$&7,9$6

)527$ $48À < 6,(17( (/ $520$ (1 78 3,(/

SURPRFLyQ ,W V <RX SiJ

78 2)(57$ (675(//$

$9(17285 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

(63Ã&#x20AC;5,78 /,%5( RAJPKQN !H RAN@=@ANK RE=FA AOPb LKN ?KIAJV=N

68 $75$&7,92 (6 81 0,67(5,2 /Q =NKI=

,0Â½1(0 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'( '(6&8(172

(VSHFLDGR 6HGXFWRU /D LQWHQVLGDG GHO ViQGDOR \ HO FDVKPqUH VH FRPELQDQ HQ XQD IUDJDQFLD LUUHVLVWLEOH

SURPRFLyQ ,W V <RX SiJ

e/ e/

'( '(6&8(172

)2*26 (DX GH WRLOHWWH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

/$ 7(03(5$785$ 68%( &8$1'2 e/ 6( $&(5&$

+HUEDO 6HGXFWRU 3DWFKRXOL \ FDUGDPRPR VH XQHQ HQ OD PiV LUUHVLVWLEOH HVHQFLD PDVFXOLQD

72'2 6('8&725 7,(1( 6(&5(726

67521* 086. &RORJQH PO IO R]

0$; (DX GH WRLOHWWH DWRPLVHXU PO IO R]

&yG

9DORUL]DGR HQ

&yG

7DOFR SHUIXPDGR J R]

9DORUL]DGR HQ

&yG

9DORUL]DGR HQ

(VSHFLDGR 6HGXFWRU 1RWDV GH PXVN \ EHUJDPRWD VH XQHQ HQ XQ H[FLWDQWH DURPD

SURPRFLyQ ,W V <RX SiJ

0DGHURVR 6HGXFWRU ,PSDFWDQWH \ SRGHURVD PL[WXUD GH PDGHUDV YHWLYHU \ FXHUR

e/ e/

48e /2 +$&( 7$1 ,55(6,67,%/(" 38/62 &+5,67,$1 0(,(5 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'HVRGRUDQWH UROO RQ PO IO R] &yG

9DORUL]DGR HQ

+HUEDO 6HGXFWRU (QYROYHQWHV DFRUGHV GH FDUGDPRPR WDEDFR \ VHGXFWRU FHGUR URMR

$520$6 )5(6&26 (02&,21(6 ,17(16$6

+HUEDO $FWLYR 3RWHQWHV QRWDV GH OLPyQ WRQND \ FHGUR EODQFR

*5$7,6 'HVRGRUDQWH UROO RQ 3RU OD FRPSUD GH OD IUDJDQFLD $OWKHXV 9DORUL]DGR HQ

)25=( &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

$/7+(86 &RORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

'HVRGRUDQWH UROO RQ PO IO R]

SURPRFLyQ ,W V <RX SiJ

+HUEDO $FWLYR 'LQiPLFD IUHVFXUD FRQ YLJRURVDV QRWDV GH ODYDQGD

e/ e/

'26 )250$6 '( &2148,67$5

(VSHFLDGR 6HGXFWRU &iOLGD YDLQLOOD VH PH]FOD FRQ DLUHV PDGHURVRV

0DGHURVR 6HGXFWRU $URPD FRQ LQWHQVR FXHUR \ VHGXFWRUDV QRWDV GH iPEDU \ PDGHUD

'( '(6&8(172 (1 %5$9Ã&#x20AC;2

9$1,//$ +20%5( &RORJQH DWRPLVHXU PO IO R]

%5$9Ã&#x20AC;2 &+5,67,$1 0(,(5 &RORJQH DWRPLVHXU PO IO R]

&yG

9DORUL]DGR HQ

(/ &8,'$'2 48( (/ +20%5( 1(&(6,7$

6KDPSRR &RQWURO (IHFWLYR /LPSLD SURIXQGDPHQWH \ IRUWDOHFH HO FDEHOOR

6KDPSRR HQ /LPSLD SURIXQGDPHQWH \ D\XGD D SUHYHQLU OD FDVSD

6KDPSRR 0i[LPD )XHU]D 5HGXFH OD FDtGD GHO FDEHOOR HQ XQ

e6,.$ 0(1 6KDPSRR FRQWURO HIHFWLYR PO IO R]

6KDPSRR PXOWLDFFLyQ HQ PO IO R]

6KDPSRR Pi[LPD IXHU]D PO IO R]

&yG

9DORUL]DGR HQ

&DtGD GHO FDEHOOR SRU TXLHEUH UHVXOWDGRV D SDUWLU GH OD WD ODYDGD YV HO FRQWURO EDVDO

SURPRFLyQ ,W V <RX SiJ

e/ e/

'( '(6&8(172 (1 *(/ 3$5$ (/ &$%(//2 < 75$7$0,(172 )$&,$/

/RFLyQ FDSLODU )RUWDOHFH HO FXHUR FDEHOOXGR H LQFHQWLYD HO FUHFLPLHQWR FDSLODU

*HO SDUD HO FDEHOOR %ULQGD Pi[LPD Â´ MDFLyQ \ KXPHFWDFLyQ

7UDWDPLHQWR IDFLDO PXOWLDFFLyQ &RQWUROD HO H[FHVR GH JUDVD SUHYLHQH OD DSDULFLyQ GH DUUXJDV GHO URVWUR \ UHIUHVFD OXHJR GHO DIHLWDGR

/RFLyQ IRUWDOHFLPLHQWR DQWLFDtGD PO IO R]

*HO ILMDGRU SDUD HO FDEHOOR J R]

7UDWDPLHQWR IDFLDO PXOWLDFFLyQ HQ ORFLyQ PO IO R]

&yG

9DORUL]DGR HQ

&DGHQD (GpQ (Q EDxR GH SODWD FRQ GLMH HQ IRUPD GH FUX] FRQ HVPDOWH QHJUR /DUJR FP 0HGLGDV GHO GLMH [ PP

&DGHQD 3LUHR &RQ EDxR GH SODWD \ HVPDOWH GH FRORU QHJUR FRQ GLVHxR GH FXDGUDGRV /DUJR FP 'LMH [ FP

&DGHQD +HOLRV &RQ EDxR GH SODWD \ GLMH UHFWDQJXODU FRQ GLVHxR GH IORU GH OLV /DUJR $SUR[ FP 0HGLGD GHO GLMH [ FP

&yG

9DORUL]DGR HQ

SURPRFLyQ ,W V <RX SiJ

&DGHQD 6LULXV (Q EDxR GH SODWD FRQ FULVWDO WUDVO~FLGR \ HVPDOWH QHJUR SLQWDGR D PDQR /DUJR FP &yG

9DORUL]DGR HQ

$&&(625,26 (67,/2

)(67,9$/ '( $&&(625,26

'( '(6&8(172

(VFODYD %ODFNHVW &RQ EDxR GH SODWD PDWH GLMH UHFWDQJXODU FRQ DSOLFDFLyQ GH HVPDOWH \ FULVWDO QHJUR 0HGLGD GHO GLMH [ FP

(VFODYD /DQGHQ (Q EDxR GH SODWD \ RUR 'LMH FRQ WH[WXUD GH DOWD MR\HUtD \ FULVWDOHV QHJURV LQFUXVWDGRV 0HGLGD GHO GLMH [ FP

(VFODYD 3LUHR &RQ EDxR GH SODWD \ HVPDOWH GH FRORU QHJUR FRQ GLVHxR GH FXDGUDGRV 'LMH [ FP

(VFODYD 6LULXV (Q EDxR GH SODWD \ GLMH UHFWDQJXODU FRQ GHWDOOH GH FULVWDO QHJUR 'LMH [ FP

&yG

9DORUL]DGR HQ

+DVWD DJRWDU VWRFN

9(+(0(1&( 3$5$ (//$ 0LQL HDX GH SDUIXP PO IO R] &yG

9DORUL]DGR HQ

9(+(0(1&( 3$5$ e/ 0LQL FRORJQH DWRPLVHXU PO IO R] &yG

9DORUL]DGR HQ

6$/9$-( 7DOFR SHUIXPDGR J R] &yG

9DORUL]DGR HQ

SURPRFLyQ ,W V <RX SiJ

3(5)(&7 681 3URWHFWRU VRODU FRUSRUDO HQ VSUD\ )36 PO IO R] &yG

9DORUL]DGR HQ

,1683( ,1683( 5$%/(6 5$%/(6

&216,e17(7( (QHUJ\ -DEyQ OtTXLGR SDUD PDQRV PO IO R] &yG

9DORUL]DGR HQ

+DVWD DJRWDU VWRFN

"1 /% /1 (%)!

/DELDO GH ODUJD GXUDFLyQ J R] 9DORUL]DGR HQ

&yG

'( '(6&8(172

.+/ "%+.!((!

".!/ /3!!0

"1 /% !1"+.%

"1 /% !(%.%+

2%+(!0 " /$%+*

* . *& + /!//%+*

.+&+ , /%Â¨*

&yG

"1 /% 0!*0 %Â¨*

.+/ /! 1 %Â¨*

&yG

2%*+ !/!+ &yG

2%*+ +1-1!0

* 01. ( 1*!

) ..Â¨* $ 2 *

) ..Â¨* 1.#1* 5

&yG

.+&+ /!45

.+&+ "%!/0

) ..Â¨* " * 0%

) ..Â¨* ) Â«

#. * 0! $%

&yG

&tWULFR $FWLYR (VSRQWiQHDV QRWDV FtWULFDV GH OLPyQ \ WRURQMD HQ VX SXQWR PiV UHIUHVFDQWH

,7 6 <28 )UDJDQFLD XQLVH[ (DX GH WRLOHWWH DWRPLVHXU PO IO R] 9DORUL]DGR HQ 'HVRGRUDQWH UROO RQ PO IO R] &yG

9DORUL]DGR HQ

)527$ $48Ã&#x20AC; < 6,(17( (/ $520$ (1 78 3,(/

35202&,Ä1 ,WV <RX D VROR

3RU OD FRPSUD GH XQ SURGXFWR GHO FDWiORJR

&yG

6,03/(0(17( 7Ç 3URPRFLyQ YiOLGD KDVWD DJRWDU VWRFN

0QO H=>EKO OKJ H= AOPNAHH=

35(&,2 7(17$&,Ä1 D VROR

$!..5 ) #% &yG

$=VHKO >NEHH=NÎÎÎ

/DELDO OtTXLGR EULOOR IDQWiVWLFR PO IO R] 9DORUL]DGR HQ

0(;,&2 & +$= 78 3(','2 $ 75$9e6 '( 78 &2168/725$ 2 //$0$ *5$7,6 $/ &$7½/2*2 9,*(17(

6$/8' (6 %(//(=$ eVLND FRPXQLFD D VXV FOLHQWHV TXH DPERV ORJRV GH OD PDUFD HVWiQ YLJHQWHV \ SRGUi UHFLELU SURGXFWRV FRQ FXDOTXLHUD GH HOORV PDQWHQLHQGR HO PLVPR QLYHO GH FDOLGDG $YLVR &RIHSULV (/ 6tJXHQRV HQ ZZZ HVLND EL]

ZZZ IDFHERRN FRP HVLND EHOFRUS

ZZZ \RXWXEH FRP (VLND9LGHRV

#(VLND%HOFRUS