Manual Autoridad de Mesa 2015
-
Upload
andres-stefoni -
Category
Documents
-
view
225 -
download
1
description
Transcript of Manual Autoridad de Mesa 2015
-
(OHFFLRQHV3ULPDULDV\*HQHUDOHV0DQXDO' ( & $ 3$ & 7$ & 1SDUD$XWRULGDGHVGH0HVDV(OHFWRUDOHV
-
\(VFUXWLQLRGHODPHVD*(1(5$/(6
\(VFUXWLQLRGHODPHVD3$62
3$62
*(1(5$/(6
QGLFH
&RQFHSWRVJHQHUDOHV
3UHSDUDFLQGHODFWRHOHFWRUDO
$SHUWXUDGHODFWRHOHFWRUDO
&ODXVXUDGHODFWRHOHFWRUDO
&RQIHFFLQGHODGRFXPHQWDFLQ
&RQIHFFLQGHODGRFXPHQWDFLQ
&ODXVXUDGHODFWRHOHFWRUDOQWURGXFFLQ &PRXVDUHVWHPDQXDO
$XWRULGDGHVGHODFWRHOHFWRUDO /RVVFDOHV'HOHJDGRVGHOD-1(
3UHVHQWDFLQGHODVDXWRULGDGHV(QWUHJDGHXUQDPDWHULDOHV\GRFXPHQWRV$FUHGLWDFLQGHORVVFDOHVQVWDODFLQGHODPHVD$UPDGRGHODXUQDGHYRWDFLQ+DELOLWDFLQGHOFXDUWRRVFXUR4XVHGHEHKDFHUDQWHODIDOWDGHEROHWDV"&XDUWR2VFXUR$FFHVLEOH
$SHUWXUDGHODFWRHOHFWRUDO7UDEDMDQGRVREUHHOSDGUQ9RWDQODV$XWRULGDGHVGHPHVD\ORV)LVFDOHV&RPSUREDFLQGHODLGHQWLGDGGHOHOHFWRU4XLQHVSXHGHQYRWDU"4XLQHVQRSXHGHQYRWDU"3URFHGLPLHQWRSDUDODYRWDFLQ3URFHGLPLHQWRGHYRWRGHLGHQWLGDGLPSXJQDGD$FFHVLELOLGDGHOHFWRUDOQVSHFFLQGHOFXDUWRRVFXUR
&ODXVXUDGHODFWRHOHFWRUDO(VFUXWLQLRGHODPHVD$SHUWXUDGHODXUQD5HJLVWURGHORVYRWRVGHLGHQWLGDGLPSXJQDGD&ODVLFDFLQGHORVYRWRV
&ODXVXUDGHODFWRHOHFWRUDO (VFUXWLQLRGHODPHVD
$SHUWXUDGHODXUQD5HJLVWURGHORVYRWRVGHLGHQWLGDGLPSXJQDGD
&ODVLFDFLQGHORVYRWRV
5HTXLVLWRVSDUDODFRQIHFFLQGHODGRFXPHQWDFLQ&RQIHFFLQGHO$FWDGH(VFUXWLQLR&HUWLFDGRGH(VFUXWLQLR\7HOHJUDPD3DVRVSDUDFRPSOHWDUHO$FWDGH(VFUXWLQLRHO&HUWLFDGRGH(VFUXWLQLR\HO7HOHJUDPD&RQIHFFLQGH$FWDGH&LHUUH(UURUHVFRPXQHVHQODFRQIHFFLQGHODGRFXPHQWDFLQ
5HTXLVLWRVSDUDODFRQIHFFLQGHODGRFXPHQWDFLQ&RQIHFFLQGHO$FWDGH(VFUXWLQLR&HUWLFDGRGH(VFUXWLQLR\7HOHJUDPD3DVRVSDUDFRPSOHWDUHO$FWDGH(VFUXWLQLRHO&HUWLFDGRGH(VFUXWLQLR\HO7HOHJUDPD&RQIHFFLQGH$FWDGH&LHUUH(UURUHVFRPXQHVHQODFRQIHFFLQGHODGRFXPHQWDFLQ
'HYROXFLQGHOPDWHULDOHOHFWRUDO
5HFRUGDWRULR
'HYROXFLQGHOPDWHULDOHOHFWRUDO\HQWUHJDGHGRFXPHQWRV
DFFLRQHVFODYHVGHOD$XWRULGDGGH0HVD
-
!
"#$%&%"'
()"#$('("* +, +"'
-.
LQWUR
#,QIR',1(,QIR',1(,QIR',1(79,,,,QIQIQIQIQI ,Q,Q,Q,Q,Q#,#,#,#,#,
#&DPDUD(OHFWRUDO&iPDUD1DFLRQDO(OHFWRUDO
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$/0
-
+($
)+'1"+2
$
"+%
&.
XVRGHOPDQXDO
&RQFHSWRV*HQHUDOHV3UHSDUDFLyQGHODFWRHOHFWRUDO$SHUWXUD\GHVDUUROORGHODFWRHOHFWRUDO&ODXVXUDGHDFWRHOHFWRUDO\HVFUXWLQLRGHODPHVD'HYROXFLyQGHPDWHULDOHOHFWRUDO\HQWUHJDGHGRFXPHQWRV&RQIHFFLyQGHODGRFXPHQWDFLyQ
*
3$4&$-+'1"*-
$"*!-
'!#51+ +6!*+#"*-
'!#51+ +6!*+#"*
"$%"*
#$$%"
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$/7
5HFRUGDWRULR
-
* 2$%&'%('%&&
-2$-
"#)$%*'%&892
$$"'89
:/$"!-"#)%'*&&-"#&%(+$*,&/;!-
$2-$
"
&RPRUHVXOWDGRGH ODVSULPDULDVFDGDDJUXSDFLyQSROtWLFDSRGUi LQWHUYHQLUHQ ORVFRPLFLRVQDFLRQDOHVSRVWXODQGRDTXLHQHVKD\DQUHVXOWDGRHOHFWRVVLHPSUHTXHODDJUXSDFLyQ HQ VX FRQMXQWR KD\D REWHQLGR HQWUH WRGDV VXV OLVWDV XQ XPEUDO GHUHVSDOGRPtQLPRHTXLYDOHQWHDOGHORVYRWRVYiOLGRVHPLWLGRVSDUDODFDWHJRUtDFRUUHVSRQGLHQWHHQHOGLVWULWRGHTXHVHWUDWH
3$57'2/LVWD$ 3$57'2/LVWD% 3$57'2/LVWD& 3$57'2/LVWD'
3$57,'23$57,'23$57,'23$57,'2
6HFFLQ &21&(3726*(1(5$/(6(OHFFLRQHV3$62
(QOD5HS~EOLFD$UJHQWLQDODHOHFFLyQGH3DUODPHQWDULRVGHO0HUFRVXUHVUHJXODGDSRUOD/H\PRGLFDWRULDGHO&yGLJR(OHFWRUDO1DFLRQDOVDQFLRQDGDHOGtDGHGLFLHPEUHGH\SURPXOJDGDHOGHHQHUREDMRRHO'HFUHWR1 /DQRUPDWLYDYLJHQWHHVWDEOHFHXQVLVWHPDPL[WRSDUDODHOHFFLyQGHORVUHSUHVHQWDQWHV9HLQWLFXDWURVHUiQHOHJLGRVGHIRUPDGLUHFWDSRUGLVWULWRUHJLRQDOPHGLDQWHHOHFFLyQXQLQRPLQDODVLPSOHSOXUDOLGDGGHYRWRVFRUUHVSRQGLHQGRXQRDFDGDSURYLQFLD\XQRDOD&LXGDG$XWyQRPDGH%XHQRV$LUHV0LHQWUDVTXHORVGLHFLQXHYHUHVWDQWHVVHUiQHOHJLGRVHQIRUPDGLUHFWDSRUHOSXHEORGHOD1DFLyQGHIRUPDSURSRUFLRQDOPHGLDQWHVLVWHPD'+RQGWFRQXQXPEUDOGHDFX\RQHOWHUULWRULR1DFLRQDOFRQVWLWX\HXQGLVWULWRQDFLRQDO(QHOFDVRGHORVSDUODPHQWDULRVSRUGLVWULWRUHJLRQDOSURYLQFLDOVHWHQGUiHQFXHQWDHOGLVWULWRHQSDUWLFXODU\SDUDODRWUDFDWHJRUtDHOWHUULWRULR1DFLRQDO
*'+%&$-*%&-%"
(OHFFLRQHV*(1(5$/(6
-
"-"
*$%&*&
* .*'-&'< '=3, 4# 3$
*'=%#>?4, '=3,64"
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$/9
-
)@$%"
+)&.*.(
.
/$"
0+-&$%&*&&"
$XWRULGDGHVGHODFWRHOHFWRUDO
/RV)LVFDOHV
+>=
012+.%&0
"*&"0
$34567
80
2
+(
"0?0
",$"0
+"6A%>"0
$'&%$'&%*(&
9$&+$*&)$%*'%+8'**$&''$$$&
(%%&2
&',+&*'
:
+:&$*(''%(*2
8+$)
$",3'!#543148
$"+
-"
/RV VFDOHV GH ODV OLVWDV 12 VRQ DXWRULGDGHV GH PHVD FRQWURODQ VX GHVHPSHxR \VFDOL]DQODVRSHUDFLRQHVGHODFWRHOHFWRUDOVRQUHVSRQVDEOHVGHUHSRQHUODVEROHWDV\IRUPDOL]DU ORV UHFODPRV TXH FRUUHVSRQGDQ SHUR QR GHFLGHQ QL FRQIHFFLRQDQ ODGRFXPHQWDFLyQ$WULEXFLRQHVGHORV)LVFDOHV
&21&(3726*(1(5$/(6
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$/:
6HFFLQ
-
+,A +A%>)2&-$-1+"
8+$-2
"8
)"'
$%"8
6$"8
#&%&
8
"
&XDQGRXQVFDOUPHXQVREUHGHYRWDFLyQGHEHUiUPDUYDULRVSDUDHYLWDUODSRVLEOHLGHQWLFDFLyQGHOYRWDQWH'HOHJDGRVGHOD-XVWLFLD1DFLRQDO(OHFWRUDO
02
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$/B
&21&(3726*(1(5$/(66HFFLQ
-
01%$$8B.//"2&&0$"
3;*,$&%
0$"+A +0
$
A+"
/
7
-
3UHVHQWDFLQGHODVDXWRULGDGHV-
"#$ #; @>"$&&$"
(QWUHJDGHXUQDPDWHULDOHV\GRFXPHQWRV
8VWHGUHFLELU
&UHGHQFLDOHVGH3UHVLGHQWH\6XSOHQWHTXHGHEHUFRPSOHWDU\FRORFDUVHHQIRUPDVLHPSUHYLVLEOH
8QHMHPSODUGHOSDGUQGHPHVDSDUDXVRH[FOXVLYRGHO3UHVLGHQWHTXHFRQWLHQHODFRQVWDQFLDGHHPLVLQGHYRWR
8QHMHPSODUDX[LOLDUGHOSDGUQGHPHVDSDUDXVRGHOVXSOHQWHRORVVFDOHV
8QHMHPSODUGHOSDGUQGHPHVDSDUDH[KLELUHQHOH[WHULRUGHOHVWDEOHFLPLHQWR
8QDXUQDTXHVHKDOODULGHQWLFDGDFRQXQQPHURTXHFRUUHVSRQGHDODPHVD
'RVIDMDVDXWRDGKHVLYDVGHVHJXULGDG\XQDSODQFKDGHFLQFRDXWRDGKHVLYRVSDUDVHOODUODXUQD
6REUHVSDUDODHPLVLQGHOYRWR $FWDGH$SHUWXUD\$FWDGH&LHUUH
8QDYH]UHFLELGDODXUQDGHYRWDFLQFRUWHODIDMDGHVHJXULGDG
5HWLUHODFDMDGHPDWHULDOHVGHSRVLWDGDGHQWURGHODXUQDGHYRWDFLQ
$EUDODFDMD\UHYLVHHOFRQWHQLGRFRUUHVSRQGLHQWH
35(3$5$&,1'(/$&72(/(&725$/
6(&&,1(/(&725$/',675,72&$3,7$/6(&&,21 &,5&8,72
0(6$
(1(67$0(6$927$1'(6'($%$&$&(/,1$'(/526$5,2
+$67$$/%(/2$1$%(//$3,$
$%$&$52'5,*8(=(=&855$'(/$/0,5$17(&2&(/,1$ / $%$'(/,6$686$1$ '1,($ $%$'-,$10$5,$$/,&,$62/ '1, $%$//$
-
)RUPXODULRV\VREUHVHVSHFLDOHVSDUDORVYRWRVLPSXJQDGRVIRUPXODULRVSDUDYRWRVUHFXUULGRV\VREUHSDUDGHYROXFLQGHYRWRVLPSXJQDGRV/RVVREUHVGHGHYROXFLQGHYRWRVUHFXUULGRVHLPSXJQDGRV1|\EODQFRVHDSOLFDQVORHQDOJXQRVGLVWULWRV
8QVREUHSOVWLFRSDUDGHYROXFLQGHDFWDV&HUWLFDGRGH(VFUXWLQLR\HMHPSODUGHOSDGUQGHPHVDGHO3UHVLGHQWH-XQWRDOVREUHUHFLELUWDPELQXQSUHFLQWRGHVHJXULGDGURMR
8QNLWGHWLOHVTXHFRQVWDUGH'RVEROJUDIRVGHWLQWDQHJUDFLQWDDGKHVLYDSDUDMDUORVFDUWHOHVXQEUQ\XQDUHJODSOVWLFD
8QHMHPSODUGHODVGLVSRVLFLRQHV$SOLFDEOHV&GLJR(OHFWRUDO1DFLRQDO
&DUWHOHVGLULJLGRVDORVYRWDQWHVGHLGHQWLFDFLQGHOQPHURGHPHVD\GHOFXDUWRRVFXUR
$FWDVGH(VFUXWLQLRSDUDOD-XVWLFLD1DFLRQDO(OHFWRUDO
&HUWLFDGRGH(VFUXWLQLRSDUDOD-XVWLFLD1DFLRQDO(OHFWRUDO\SDUDORV)LVFDOHV
0RGHORGH7HOHJUDPD
5HFLERVGHHQWUHJDGHORVPDWHULDOHVHOHFWRUDOHV\GHYROXFLQGHORVPLVPRV
%ROHWDVSDUDHOVXIUDJLRHQFDVRGHTXHODVOLVWDVGHODVDJUXSDFLRQHVSROWLFDV3$62RODVDJUXSDFLRQHVSROWLFDV*HQHUDOHVODVKXELHUHQVXPLQLVWUDGRSDUDGLVWULEXLUODV 8QHMHPSODUGHFDGDXQDGHODVEROHWDVRFLDOL]DGDVUXEULFDGDV\VHOODGDVSRUOD-XVWLFLD1DFLRQDO(OHFWRUDO
8QVREUHEROVDPDUUQSDUDGHYROXFLQGHPDWHULDOHV
35(3$5$&,1'(/$&72(/(&725$/ 6HFFLQ
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$88
-
$FUHGLWDFLQGHORVVFDOHV
QVWDODFLQGHODPHVD
(O VFDO TXH VH DXVHQWH DQWHV GH OD FODXVXUD VXVFULELUi XQD FRQVWDQFLD GH OD KRUD \PRWLYRGHOUHWLUR(QFDVRGHQHJDUVHVHKDUiFRQVWDUHVWDFLUFXQVWDQFLDUHTXLULHQGRODUPDGHRWURGHORVVFDOHVSUHVHQWHV$VLPLVPRVHGHEHUiDVHQWDUHOKRUDULRGHVXUHLQFRUSRUDFLyQ
0RGHORGH3RGHUGHFDUFWHULOXVWUDWLYR&DGDDJUXSDFLQSXHGHSUHVHQWDUVXGLVHRVLHPSUH\FXDQGRLQFOX\DHVWRVGDWRV
/RV6HLV3DVRVGHO(OHFWRU
'LVSRVLFLRQHV\'HOLWRV(OHFWRUDOHV&RQVWDQFLDGH(PLVLQGH9RWR
)LMHHQHODFFHVRDODPHVDORVVLJXLHQWHVFDUWHOHV
&ODVHVGH9RWR
GHQWLTXHHODFFHVRDOFXDUWRRVFXURFRQHOFDUWHOFRUUHVSRQGLHQWH
6LHVDXWRULGDGGHXQDPHVDFRQFXDUWRRVFXURDFFHVLEOHFRORTXHHOFDUWHOTXHVHOHSURSRUFLRQDWDOQ
&RORTXHDODHQWUDGDGHOHVWDEOHFLPLHQWR\HQOXJDUYLVLEOHHOHMHPSODUGHOSDGUQSDUDTXHSXHGDVHUFRQVXOWDGRVLQGLFXOWDGSRUORVHOHFWRUHV
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$8D
35(3$5$&,1'(/$&72(/(&725$/6HFFLQ
!
$&&&"*&3'!#54EE$-$&&("*&
$"
-",("E
$E)%"
-
$UPDGRGHODXUQDGHYRWDFLQ
+DELOLWDFLQGHOFXDUWRRVFXUR
'HEHUDUPDUODXUQDXWLOL]DQGRORVDXWRDGKHVLYRVSURYLVWRV\VLJXLHQGRORVQPHURVLPSUHVRVHQODVVRODSDV
9HULTXHTXHVHHQFXHQWUHWRWDOPHQWHYDFD
&RORTXHODIDMDGHVHJXULGDG\SURFHGDDUPDUODMXQWRFRQVXVXSOHQWH\ORVVFDOHVDFUHGLWDGRV
F
0" =%"0$(&&" 6
0
$
"
&0%"'78
3="
, 0342%"#"
#$,0
A +"
35(3$5$&,1'(/$&72(/(&725$/ 6HFFLQ
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$8G
-
$$$"H#
"H%&"H>2%$3(%42"
/DIDOWDGHEROHWDVGHDOJXQDDJUXSDFLyQSROtWLFDHQHOFXDUWRRVFXURQRHVPRWLYRVXFLHQWHSDUDLPSHGLUODDSHUWXUDGHODFWRHOHFWRUDOFRPRDVtWDPSRFRHODJRWDPLHQWRGHODVPLVPDVPRWLYDUiODLQWHUUXSFLyQGHORVFRPLFLRV(QHVWRVFDVRVXVWHGGHEHUiVROLFLWDUODSURYLVLyQGHODVEROHWDVDOVFDOGHOLVWDTXHDFW~DHQVXPHVDDOVFDOJHQHUDORDRWURVFDOGHODPLVPDOLVWDDFUHGLWDGRDQWHRWUDPHVD6LWDOHVVFDOHVQRHVWXYLHUDQSUHVHQWHVRKXELHUDQDJRWDGRHOVWRFNGLVSRQLEOHKDVWDWDQWRODDJUXSDFLyQSROtWLFDSURFHGDDVXUHSRVLFLyQGHEHUiXVWHGVROLFLWDUODXWLOL]DFLyQGHODVEROHWDVGHFRQWLQJHQFLDDOGHOHJDGRMXGLFLDORHQVXFDVRDOSHUVRQDOGHO&RPDQGR*HQHUDO(OHFWRUDO(QHVWH~OWLPRFDVRGHEHUiGHMDUFRQVWDQFLDGHHVWDFLUFXQVWDQFLDHQXQDFWDXWLOL]DQGRSDUDHOORODVKRMDVHQEODQFRTXHOHKDQVLGRHQWUHJDGDVUPDUODMXQWRFRQORVVFDOHVSUHVHQWHV\GHSRVLWDUODHQHOVREUHSDUDGHYROXFLyQGHDFWDVDOD-XVWLFLD1DFLRQDO(OHFWRUDO3RUVXSDUWHFXDQGRWDOHVVFDOHVVHSUHVHQWHQHQVXPHVDGHEHUiQRWLFDUOHVODIDOWDGHEROHWDV7HQJDHQFXHQWDTXHHQFDGDHVWDEOHFLPLHQWRGHYRWDFLyQKDEUiEROHWDVGHFRQWLQJHQFLD
4XVHGHEHKDFHUDQWHODIDOWDGHEROHWDV"
&XDUWRRVFXURDFFHVLEOH&2$
*"
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$80
35(3$5$&,1'(/$&72(/(&725$/6HFFLQ
-
$SHUWXUDGHODFWRHOHFWRUDO! A;@@B>C
$$A +3'!#54A+ 314('"!&.
7UDEDMDQGRVREUHHOSDGUQ
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
/RVGDWRVGHOGLVWULWRODVHFFLQHOHFWRUDOHOFLUFXLWR\ODPHVDVHGLVSRQHQHQHOH[WUHPRVXSHULRUGHOSDGUQ
/RVGDWRVGHORVHOHFWRUHVRUGHQDGRVSRUFROXPQD$SHOOLGR1RPEUH\'RPLFLOLR1PHURGH2UGHQ1PHURGH'RFXPHQWR7LSR\&ODVH
8QHVSDFLRSDUDVHDODUHQHOSDGUQTXHHOHOHFWRUVXIUDJ
*"H>(&H&'!#5-
-"+&2&H&(!!&("
+('.
+(
-
9RWDQODVDXWRULGDGHVGHPHVD\ORVVFDOHVH
$"H!
&7
8("H*&$
2
"
&RPSUREDFLQGHODLGHQWLGDGGHOHOHFWRU
$15>5
;*-$3*40
*+3*+40
, C$0
, C0
, C($I$$J0
/LEUHWD&YLFD /LEUHWDGH(QURODPLHQWR
'1OLEUHWDYHUGH
'1OLEUHWDFHOHVWH
'1WDUMHWDGHO'1OLEUHWDFHOHVWH
1XHYR'1WDUMHWD
/RVGDWRVGHOSDGUyQGHEHQFRLQFLGLUFRQORVGHOGRFXPHQWR6LDOJ~QGDWRQRFRQFXHUFXHUGD\ORVGHPiVVRQFRUUHFWRVGHEHDGPLWLUVHHOYRWR\GHMDUFRQVWDQFLDGHHOORVHQODFROXPQDGHREVHUYDFLRQHVGHOSDGUyQ3RUHMHPSORXQDDOWHUDFLyQHQHORUGHQGHORVQ~PHURVGHOGRFXPHQWRRXQDGLIHUHQFLDGHXQDOHWUDHQHODSHOOLGRRVLIDOWDUDODIRWRJUDItDHQHOSDGUyQRQRVHFRUUHVSRQGLHUDFRQHOHOHFWRUTXHVHSUHVHQWDDYRWDU
12SRGUiDJUHJDUVHDOSDGUyQQLQJ~QHOHFWRUVFDODXWRULGDGGHPHVDQLSHUVRQDODIHFWDGRDORVFRPLFLRV 12$*5(*$56($/3$'51
$3(5785$
-
3URFHGLPLHQWRSDUDODYRWDFLQ. +$$-&
"*&&$&$"-$"C$$
"'2"
"%177
3"+$&&2"?%$&34"
#&%(
3URFHGLPLHQWRGHYRWRGHLGHQWLGDGLPSXJQDGD
3DVRVSDUDUHDOL]DUODLPSXJQDFLQ
-
$FFHVLELOLGDG(OHFWRUDO
QVSHFFLQGHOFXDUWRRVFXUR
?$
&$&%"+"$"
)
&"'.0*$2)"0+)&(-
"#$&%
,A +1+"
6$$$$$"!("
$E-
E 5$""$" "!
I$J)"!"6&+
?"
*&
"'
.0+6
2H "H!1+2%
"0$3/
-
!.?2#$
I-!?!,++#6?C C5
$
J"26-&+
?"
5HJLVWURGHORVYRWRVGHLGHQWLGDGLPSXJQDGD
&ODVLFDFLQGHORVYRWRV!
)&$.$E&$E"'.0G
>"0$5
31)"H'$
6
3"+$&$-"
H+&&$52"
H$%&$-"3
4*2H*%$"$5
3;?2 +H5;
-
3$&$$4
-3$4"
'+'D+$&&)'&$&
H*&%*%%(+&
H-&%)'%'$I+&*%%
%$$*'$
'+'D+/*&$&)$*&
D+&*%*+9+H*H,$%.%'(*%H/
)$&%.%'$&'$%&*9''+%J
6HFFLQ&/$8685$'(/$&72(/(&725$/
-
2H355;&%-"-&%-"%3--4
"%&%-2"
)2H;
2$-%
"
#
()3"4"
#&%"
#&%
$$"
CH;#$&%&"+5;
-$-
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$DD
&/$8685$'(/$&72(/(&725$/
-
CH;+$%
&)"+.
!CH;+$&$-$"$
=
-
&ODXVXUDGHODFWRHOHFWRUDO!?A;@@$2"+
8B.//$
"
,2$.?"*>E-
E 5$""$" "!
I$J)"!"6&+
?
*&
"'
.0+6
2H "H!1+2%
"0$3/
-
!.?2#$
I-!?!,++#6?C C5
$
J"26-&+
?"
5HJLVWURGHORVYRWRVGHLGHQWLGDGLPSXJQDGD
&ODVLFDFLQGHORVYRWRV!
)&$.$E&$E"'.0G
>"0$5
31)"H'$
6
3"+$&$-"H+&&$52"
H$%&$-"3
4*2H*%$"$5
3;?2 H5;
+-
3$&$$4
-3$4"
'+'D+$&&)'&$&
H*&%*%%(+&
H-&%)'%'$I+*$*'$%$
'+'D+/*&$&)$*&
D+&*%*+9+H*H,$%.%'(*%H/
)$&%.%'$&''+%J
(OHFFLRQHV*(1(5$/(6
6HFFLQ&/$8685$'(/$&72(/(&725$/
-
2H355;&%--"-&%-"%3--4
"%&%--2"
)2H;
-$-"
2$-%
"
#
()3"4"
#&%"
#&%
$$"
CH;#$&%&"$.
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$D9
&/$8685$'(/$&72(/(&725$/
-
CH;+$%
&)"+.
!CH;+$&$-$"$
=
-
$%&%$.C)C*C3C!&+
&"
C+ .!?!,++#6?C C58"*$"D"*$-"G"*$--"0"+$3-4"
+
&&"#2$&&("
)C
*?
&&"
-
C+
;8"#-$"D" -$&
-$
%"G"&
)"0"
1+
"7"F&
3(4"9"F&%
"
#
&
%$(A +"
(OVFDOTXHVHDXVHQWHDQWHVGHODFODXVXUDVXVFULELUiXQDFRQVWDQFLDGHODKRUD\PRWLYRGHOUHWLUR(QFDVRGHQHJDUVHVHKDUiFRQVWDUHVWDFLUFXQVWDQFLDUHTXLULHQGRODUPDGHRWURGHORVVFDOHVSUHVHQWHV$VLPLVPRVHGHEHUiDVHQWDUHOKRUDULRGHVXUHLQFRUSRUDFLyQ
8QFHUWLFDGRGHHVFUXWLQLRVHUiLQWURGXFLGRHQODXUQDSDUDVXUHPLVLyQDOD-XVWLFLD1DFLRQDO(OHFWRUDO(OUHVSRQVDEOHGHFRPSOHWDUORVFHUWLFDGRVGHHVFUXWLQLRFRPRWRGDODGRFXPHQWDFLyQHVODDXWRULGDGGHPHVD\HQQLQJ~QFDVRSXHGHGHOHJDUHVWDWDUHDHQORVVFDOHV
C3+&
)-
"+&-&"#&
&("
&21)(&&,1'(/$'2&80(17$&,1 6HFFLQ(OHFFLRQHV3$62
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$D;
-
&RQIHFFLQGHO$FWDGH(VFUXWLQLR7HOHJUDPD&HUWLFDGRGH(VFUXWLQLR\$FWDGH&ODXVXUD
$($*'$*$'(/'&**%J$'%&*'&+&*&9$&$&+$*K
&%.'(%J'(%*%',L'.*%H$
(&%JJ(%
?2'8B"$%$$-"2!)$"!%3$$4" 2$%",)"!2#$"!-"2!&$&.$&$3-4$$""2$&$-"#2 5
M M"C-"A2$)-"2$)-"?@2$)-$$&$"??2!
%"?2676467F
32? 2&&3
4"#$&("
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$G/
&21)(&&,1'(/$'2&80(17$&,1(OHFFLRQHV3$62
6HFFLQ
-
7
5"!)$"!8
="$%"#)
-
535-"
I J"57M81"57M1"57M81$$&$"
*'$D+$&*&'%&*'&&%%*&$&*'&+(*&
!
5"!6
462&"!3
4&3
4"
&HUWLFDGRGH(VFUXWLQLR0$*(1/8675$79$$)1(6''&7&26
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$GD
&21)(&&,1'(/$'2&80(17$&,1(OHFFLRQHV3$62
6HFFLQ
-
&RQIHFFLQGHO$FWDGH&LHUUH*&"*&&
"*&
)2"*&
3(4"*
1+"+&%
"
&'&'%'($*'$'%&*'/+*%$%$.'(+$'%
*&&+$(*'%
0$*(1/8675$79$$)1(6''&7&26
&21)(&&,1'(/$'2&80(17$&,1 6HFFLQ(OHFFLRQHV3$62
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$GG
-
(UURUHVFRPXQHVHQODFRQIHFFLQGHODGRFXPHQWDFLQ
6LDOJ~QVFDOVHDXVHQWDDQWHVGHODFODXVXUDGHODFWRHOHFWRUDOGHEHGHMDUFRQVWDQFLDGHOPRPHQWR\HOPRWLYRSRUHOTXHORKDFH6LVHQHJDUDXVWHGGHEHKDFHUFRQVWDUHVDFLUFXQVWDQFLDUHTXLULHQGRODUPDGHRWURVFDO$QWHVGHFRPHQ]DUHOHVFUXWLQLRGHEHJXDUGDUHQHOVREUHPDUUyQODVEROHWDV\VREUHVTXHQRIXHURQXWLOL]DGRV&XDQGRH[WUDLJDODVEROHWDVGHORVVREUHVQRORVGHVWUX\D5HFXHUGHTXHXQDYH]QDOL]DGRHOHVFUXWLQLRGHEHFRORFDUORVGHQWURGHODXUQD(QHOPRPHQWRGHFDOFXODUORVYRWRVHQEODQFRH[LVWHQWHVHQFDGDFDWHJRUtDGHEHUHVWDUDOWRWDOGHYRWRVHPLWLGRVORVYRWRVDUPDWLYRVQXORVUHFXUULGRV\GHLGHQWLGDGLPSXJQDGD$QWHVGHRUGHQDUODGRFXPHQWDFLyQSDUDVXHQWUHJDYHULTXHTXHORVGDWRVUHJLVWUDGRVHQHO$FWDGH(VFUXWLQLRHO&HUWLFDGRGH(VFUXWLQLR\HO7HOHJUDPDVHDQFRLQFLGHQWHV
6LDOPRPHQWRGHOHVFUXWLQLRUHDOL]DFiOFXORVHQKRMDVERUUDGRUGHEHLQWURGXFLUODVPLVPDVHQHOVREUHEROVDPDUUyQSDUDPDWHULDOVREUDQWH(OVREUHSOiVWLFRGHGHYROXFLyQGHDFWDVGHEHVHUFRPSOHWDGRFRQORVGDWRVUHTXHULGRV\UPDGRSRUODVDXWRULGDGHVGHPHVD\ORVVFDOHVTXHDFWXDURQHQHOOD
+"+.
;0*$"0*&34?
&&"&;0*$
"+
-$
"0*$-
-"0C
-(
$-$$-"0*$--"0*$-&-$"0*$
-
$3%4"0C$%(&$"H*
"
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$G0
&21)(&&,1'(/$'2&80(17$&,1(OHFFLRQHV3$62
6HFFLQ
-
+
&&"#2$&&("
)C
*?
&&"
-
C+
;8"#-$"D" -$&
-$
%"G"&
)"0"
1+
"7"F&
3(4"9"F&%
"
#
&
%$(A+ "
(OVFDOTXHVHDXVHQWHDQWHVGHODFODXVXUDVXVFULELUiXQDFRQVWDQFLDGHODKRUD\PRWLYRGHOUHWLUR(QFDVRGHQHJDUVHVHKDUiFRQVWDUHVWDFLUFXQVWDQFLDUHTXLULHQGRODUPDGHRWURGHORVVFDOHVSUHVHQWHV$VLPLVPRVHGHEHUiDVHQWDUHOKRUDULRGHVXUHLQFRUSRUDFLyQ
8QFHUWLFDGRGHHVFUXWLQLRVHUiLQWURGXFLGRHQODXUQDSDUDVXUHPLVLyQDOD-XQWD(OHFWRUDO1DFLRQDO(OUHVSRQVDEOHGHFRPSOHWDUORVFHUWLFDGRVGHHVFUXWLQLRFRPRWRGDODGRFXPHQWDFLyQHVODDXWRULGDGGHPHVD\HQQLQJ~QFDVRSXHGHGHOHJDUHVWDWDUHDHQORVVFDOHV
C3+&
)-
"+&-&"#&&("
(OHFFLRQHV*(1(5$/(6
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$G9
&21)(&&,1'(/$'2&80(17$&,16HFFLQ
-
&RQIHFFLQGHO$FWDGH(VFUXWLQLR7HOHJUDPD&HUWLFDGRGH(VFUXWLQLR\$FWDGH&ODXVXUD
$($*'$*$'(/'&**%J$'%&*'&+&*&9$&$&+$*K
&%.'(%J'(%*%',L'.*%H$
(&%JJ(%
?2'8B.//"$%$$-"2!)$"!%3$$4" 2$%",)"!2#$"!-"2!&$&.$&$3-4$$""2$&$--"#2 5
I J"C--"A2$)-"2$)-"?@2$)-$$&$"??2!
%"?2!2&"? 2&&3
4"#$&("
&21)(&&,1'(/$'2&80(17$&,1 6HFFLQ(OHFFLRQHV*(1(5$/(6
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$G:
-
7
5"!)$"!8
="$%"#)
-
535-
-"
I J"57M81"57M1"57M81$$&$"
*'$D+$&*&'%&*'&&%%*&$&*'&+(*&
!
5"!6
462&"!3
4&3
4"
&21)(&&,1'(/$'2&80(17$&,1 6HFFLQ(OHFFLRQHV*(1(5$/(6
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$G;
&HUWLFDGRGH(VFUXWLQLR0$*(1/8675$79$$)1(6''&7&26
-
&RQIHFFLQGHO$FWDGH&LHUUH*&"*&&
-"*&
)2"*&
3(4"*
1+"+&%
"
&'&'%'($*'$'%&*'/+*%$%$.'(+$'%
*&&+$(*'%
0$*(1/8675$79$$)1(6''&7&26
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$0/
&21)(&&,1'(/$'2&80(17$&,16HFFLQ(OHFFLRQHV*(1(5$/(6
-
(UURUHVFRPXQHVHQODFRQIHFFLQGHODGRFXPHQWDFLQ
6LDOJ~QVFDOVHDXVHQWDDQWHVGHODFODXVXUDGHODFWRHOHFWRUDOGHEHGHMDUFRQVWDQFLDGHOPRPHQWR\HOPRWLYRSRUHOTXHORKDFH6LVHQHJDUDXVWHGGHEHKDFHUFRQVWDUHVDFLUFXQVWDQFLDUHTXLULHQGRODUPDGHRWURVFDO$QWHVGHFRPHQ]DUHOHVFUXWLQLRGHEHJXDUGDUHQHOVREUHPDUUyQODVEROHWDV\VREUHVTXHQRIXHURQXWLOL]DGRV&XDQGRH[WUDLJDODVEROHWDVGHORVVREUHVQRORVGHVWUX\D5HFXHUGHTXHXQDYH]QDOL]DGRHOHVFUXWLQLRGHEHFRORFDUORVGHQWURGHODXUQD(QHOPRPHQWRGHFDOFXODUORVYRWRVHQEODQFRH[LVWHQWHVHQFDGDFDWHJRUtDGHEHUHVWDUDOWRWDOGHYRWRVHPLWLGRVORVYRWRVDUPDWLYRVQXORVUHFXUULGRV\GHLGHQWLGDGLPSXJQDGD$QWHVGHRUGHQDUODGRFXPHQWDFLyQSDUDVXHQWUHJDYHULTXHTXHORVGDWRVUHJLVWUDGRVHQHO$FWDGH(VFUXWLQLRHO&HUWLFDGRGH(VFUXWLQLR\HO7HOHJUDPDVHDQFRLQFLGHQWHV6LDOPRPHQWRGHOHVFUXWLQLRUHDOL]DFiOFXORVHQKRMDVERUUDGRUGHEHLQWURGXFLUODVPLVPDVHQHOVREUHEROVDPDUUyQSDUDPDWHULDOVREUDQWH(OVREUHSOiVWLFRGHGHYROXFLyQGHDFWDVGHEHVHUFRPSOHWDGRFRQORVGDWRVUHTXHULGRV\UPDGRSRUODVDXWRULGDGHVGHPHVD\ORVVFDOHVTXHDFWXDURQHQHOOD
+"+.
;0*$"0*&34?
&&"&;0*$-
"+
-$"0*$-
-"0C
--(
$-$$-"0*$
--"0*$-&-$"0*$
-
$3%4"0C$%(&$"H*
"
&21)(&&,1'(/$'2&80(17$&,1 6HFFLQ(OHFFLRQHV*(1(5$/(6
(/(&&21(60$18$/(/(&725$/3$5$$8725'$'(6'(0(6$08
-
'HYROXFLQGHOPDWHULDOHOHFWRUDO'$$".?C;0*3&4$"0*5"0+3A +3'!#54A+ 314"C
5;
0+"%3&$4"
0*/4"
0*5"
0*5)"
/
;
C
;*%N-"6"
$VHJXUHVHTXHHOVREUHFRQWLHQHODGRFXPHQWDFLQGHWDOODGD\SURFHGDDOFLHUUHGHVXFUHPDOOHUD
)LMHODWUDEDPHWOLFDGHIRUPDWDOTXHVXSUHVLOODFRLQFLGDFRQODTXHWLHQHHOVREUH
QVHUWHHOSUHFLQWRGHVHJXULGDGURMRHQODWUDEDPHWOLFDMHVXH[WUHPRHQHORMDO\MDOHGHOPLVPR
(O3UHVLGHQWHGHPHVDGHEHUiHQWUHJDUSHUVRQDOPHQWHDOHPSOHDGRGHOFRUUHRORVVLJXLHQWHVHOHPHQWRVHQHVWHRUGHQ/DXUQDFHUUDGD(OVREUHSOiVWLFRGHGHYROXFLyQGHDFWDV(OVREUHEROVDPDUUyQGHGHYROXFLyQGHPDWHULDOVREUDQWH/RVHMHPSODUHVGHOWHOHJUDPDFRQORVUHVXOWDGRVGHOHVFUXWLQLR&RQWUDODHQWUHJDGHHVWHPDWHULDOHOHPSOHDGRGHOFRUUHRH[WHQGHUiXQUHFLERSRUGXSOLFDGRXQRORFRQVHUYDUi8GSDUDVXUHVSDOGR\HORWURVHUiUHPLWLGRSRUpVWHDOD-XVWLFLD1DFLRQDO(OHFWRUDO3$62R-XQWD(OHFWRUDO1DFLRQDO*HQHUDOHV
'+'D+&%*'$&*&'*+'/%''9&'+*%%9$'J+*%$%N/*','L$)'$
H%,*%''&%*
/6
7
2H(&";&"4>7F3$$".