2. 4XDOLGDGH GH YLGD HP WRGDV DV HVWDo}HV

3. e VHPSUH WHPSR GH LQYHVWLU QR 5LR (QWUH %DUUD 5HFUHLR
H -DFDUHSDJXi D UHJLmR TXH PDLV FUHVFH H YDORUL]D

4. WƌſdžŝŵŽ ăƐ ƉƌŝŶĐŝƉĂŝƐ Ğ ĂƚƵĂŝƐ ǀŝĂƐ ĚĞ
ůŝŐĂĕĆŽ͕ ŚĂǀĞƌĄ Ž ĂĐĞƐƐŽ Ğ Ž ƚƌĂŶƐƉŽƌƚĞ Ă
ŽƵƚƌĂƐ ƌĞŐŝƁĞƐ ĚĂ ĐŝĚĂĚĞ ĂŝŶĚĂ ŵĂŝƐ
ĨĂĐŝůŝƚĂĚŽƐ ĐŽŵ Ă dƌĂŶƐĐĂƌŝŽĐĂ͕
dƌĂŶƐŽůşŵƉŝĐĂ Ğ dƌĂŶƐŽĞƐƚĞ͘

5. DƵŶĚŝĂů
ZŝŽ ƵƐŝŶĞƐƐ
WĂƌƋƵĞ KůşŵƉŝĐŽ
ZŝŽ ĞŶƚƌŽ

8. ĂĐŚĂĚĂ
H TXDUWRV FRP
P H P
7RGRV FRP VXtWH

9. ĂĐŚĂĚĂ
)DFKDGD FRP YLGUR YHUGH
FRQGRPtQLR IHFKDGR
H VHJXUDQoD KRUDV

10. 9LYHU FRP H[FOXVLYLGDGH p PRUDU
HP XP SUpGLR FRP DSHQDV
DSDUWDPHQWRV H HVSDoRVD YDUDQGD

11. HGLItFLR
SDYLPHQWRV
DSDUWDPHQWRV SRU DQGDU
Pð GH WHUUHQR

12. 3RUWDULD

13. /D]HU VRILVWLFDGR SDUD WRGDV DV pSRFDV
'HFRUDGR SRU )OiYLR +HUPROLQ

14. 6DOmR GH IHVWDV (VSDoR %DE
6DXQD (VSDoR .LGV
6SD LUFXLWLQKR FRP EULQTXHGRV
%ULQTXHGRWHFD 'HFN PROKDGR
(VSDoR 38% 3LVFLQD
)LWQHVV 3LVFLQD LQIDQWLO
3UDoD GD iUYRUH KXUUDVTXHLUD FRP IRUQR GH SL]]D

15. 6DOmR GH IHVWDV (VSDoR %DE
6DXQD (VSDoR .LGV
6SD LUFXLWLQKR FRP EULQTXHGRV
%ULQTXHGRWHFD 'HFN PROKDGR
(VSDoR 38% 3LVFLQD
)LWQHVV 3LVFLQD LQIDQWLO
3UDoD GD iUYRUH KXUUDVTXHLUD FRP IRUQR GH SL]]D

16. 3LVFLQD

17. 3LVFLQD
,QIDQWLO

18. 3UDoD GD iUYRUH

19. *D]HER

20. KXUUDVTXHLUDV FRP IRUQR GH SL]]D

21. LUFXLWLQKR GH ,QIDQWLO

22. (VSDoR %DE

23. %ULQTXHGRWHFD

24. )LWQHVV

25. 6DOmR GH IHVWDV

26. (VSDoR 3XE

27. 6SD

29. 4XDUWRV ± Pð
4XDUWRV ± Pð

30. TXDUWRV ± P

31. TXDUWRV ± P

32. TXDUWRV FRP VDOD DPSOLDGD ± P

33. $SDUWDPHQWR VDOD DPSOLDGD
(VSDoRV QR WDPDQKR LGHDO SDUD FULDU
R FOLPD TXH FDGD XP GHVHMD

34. 4XDGUR GH iUHDV

35. 'LIHUHQFLDLV GR 6HDVRQV
• 9DUDQGD GH Pð FRP '(1
• )DFKDGD FRP YLGUR YHUGH
• ([FOXVLYLGDGH GH DSHQDV XQLGDGHV
• (VWUXWXUD FRQYHQFLRQDO
• %DQKHLUR FRP EDQFDGD GH PiUPRUH
• ÈUHD GH OD]HU VRILVWLFDGD GHFRUDGD SRU )OiYLR+HUPROLQ
H VHP WD[D GH GHFRUDomR GH iUHDV FRPXQV
• /RFDOL]DomR SUy[LPR D 7UDQVFDULRFD 7UDQVROtPSLFD
H VXSHUPHUFDGR 0XQGLDO

36. 6XVWHQWDELOLGDGH
• 6HQVRUHV GH SUHVHQoD QDV iUHDV FRPXQV
• 5HXWLOL]DomR GD iJXD GD FKXYD
• 0HGLGRU LQGLYLGXDO GH iJXD
• ROHWD VHOHWLYD GH OL[R
• 8VR GH PDGHLUD FHUWLILFDGD
• 3UHVHUYDomR GH iUYRUHV H[LVWHQWHV QR ORFDO

37. )LFKD 7pFQLFD
1RPH GR HPSUHHQGLPHQWR 5HVLGHQFLDO 6HDVRQV
(QGHUHoR (VWUDGD GRV %DQGHLUDQWHV
7LSR GH HGLILFDomR UHVLGHQFLDO
ÈUHD GR WHUUHQR Pð
3URGXWR DSDUWDPHQWRV GH TXDUWRV GH Pð H TXDUWRV GH Pð
1ž GH FROXQDV
1ž GH XQLGDGHV DSDUWDPHQWRV
1ž GH SDYLPHQWRV SDYLPHQWRV WLSRV
9DJDV
3URMHWR /HJDO DUORV $OEHUWR %LWWDU
3URMHWR GH SDLVDJLVPR )iELR ,QHFR H DUORV $UWrQFLR
3URMHWR GDV SDUWHV FRPXQV GR WpUUHR )OiYLR +HUPROLQ
3URMHWR DSDUWDPHQWR GHFRUDGR 'iOLD 7DPOHU

38. 4XDOLGDGH GH YLGD HP WRGDV DV HVWDo}HV

39. ([FOXVLYLGDGH GH 9HQGDV

40. ,QFRUSRUDomR H FRQVWUXomR