Catalogo Desimat 2012

GROUP
Catlogo
de
Productos
20
12
GROUP
'(6,0$7
ZZZGHVLPDWFRP
&DEOHVSDUDFRQWUROHLQVWUXPHQWDFLyQ
gOIOH[&ODVVLF
gOIOH[&ODVVLF
gOIOH[&ODVVLF.Y
gOIOH[&ODVVLF&<
gOIOH[&ODVVLF&<.Y
gOIOH[(%(%&<
gOIOH[&ODVVLF6<
gOIOH[&ODVVLF&<
gOIOH[3
gOIOH[3
gOIOH[3
gOIOH[&3
gOIOH[+&+
gOIOH[7UDJR6
gOIOH[/,)7
gOIOH[/,)76
&DEOH6SLUDO6SLUH[3
&DEOH6SLUDO8QLWURQLF'DWD
5(<67<3,0))/
5(<67<7,0))/
5(<67<6:$<)/
5(<67<6:$<3,0))/
5(<67<3,0))/
5(<67<3,0))/
5(<67<7,0))/
5(3(67+3,0))/
OLEUHVGHKDOyJHQR
5
AT
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
IM
&DEOHVSDUDDXWRPDWL]DFLyQ\7UDQVPLVLyQGH'DWRV
8QLWURQLF%XV3%
8QLWURQLF%XV3$
8QLWURQLF(7+(5/,1(
8QLWURQLF'(9,&(1(77KLFN7KLQ
8QLWURQLF%86))
8QLWURQLF%86$6,
8QLWURQLF/$18730K]&$7
8QLWURQLF/,<<
8QLWURQLF/,<&<
8QLWURQLF/,<&<73
8QLWURQLF/,<&<Y73
8QLWURQLF/,<&<3,0)&<3,'<73
-<67</*
5
D
ES
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
&DEOHVSDUDXVRJHQHUDO
59.
$UPDGRV;/3(39&6:$39&
+9.+9.
+=.+=.&
+=.+=.&
gOIOH[6HUYR&<
gOIOH[&ODVVLF&<
gOIOH[6HUYR<6/&<-%
gOIOH[6HUYR<6/&<.-%
gOIOH[/,)7)
gOIOH[&5$1()
+1'
gOIOH[&5$1(16+7g8
gOIOH[&5$1(
+51)
)*20OLEUHGHKDOyJHQRV
'ULQFDEOH:5$6)/
1DXWLOXV
5
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
'(6,0$7
ZZZGHVLPDWFRP
&DEOHVSDUDDOWDWHPSHUDWXUD
gOIOH[+($7
gOIOH[+($76,+)
gOIOH[+($7*/6
gOIOH[+($7(:.)
gOIOH[+($7(:.)&
gOIOH[+($76&
&DEOHVFRPSHQVDGRV
5
$FFHVRULRV
6NLQWRS67
6NLQWRS%6
6NLQWRS%7
6NLQWRS06
6NLQWRS066&
6NLQWRS06%586+
6NLQGLFKW695(069)0
6NLQGLFKW*03*/60600
6NLQGLFKW050(
6NLQGLFKW%/
6LOY\Q+&&
6LOY\Q5,//
&RQHFWRUHV6LOY\Q
$FFHVRULRV%:.0
6NLQWRS.0$7(;
6NLQWRS060$7(;
6NLQGLFKW%/0050$7(;
3UHQVDFDEOHV&03;;():
3UHQVDFDEOHV&03;;$)
0DUFDFLyQGHFDEOHV,12;
5
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
AT
IM
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
D
ES
&DMDV\*DELQHWHVGH$FHUR,QR[LGDEOH
$UPDULRV0/4/309
$UPDULRV4/
$UPDULRV4/$7(;
&DMDVVHULH36'6
3XSLWUHVGH&RQWURO
&DOHIDFWRUHV6HULH5+
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
:DJR/DFRQH[LyQDODVEXHQDVLGHDV
%RUQHVGHFRQH[LyQIURQWDOPP
%RUQHVGHFRQH[LyQODWHUDOPP
%RUQHVGHFRQH[LyQIURQWDO723-2%PP
%RUQHVGHFRQH[LyQIURQWDO723-2%PP
0LQLERUQHV\SLVRV723-2%PP
%RUQHVGHFRQH[LyQODWHUDOPP
%RUQHVGHFRQH[LyQIURQWDO\SLVRV
%RUQHV6HFFLRQDEOHVFRQH[LyQIURQWDO
%RUQHV6HFFLRQDEOHVVHULH
%RUQHV6HFFLRQDEOHVVHULH
%RUQHV3RUWD)XVLEOHV
0LQLERUQHV\5HJOHWDV$SLODEOHV
%RUQHV(QFKXIDEOHV;&RP
&RQHFWRUHVSDUDFLUFXLWRVGHFRQWURO
&RQHFWRUHVSDUDFLUFXLWRVLPSUHVRV
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
'(6,0$7
ZZZGHVLPDWFRP
IM
5HOpVGHFRQWURO
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
AT
0DUFDVSDUDERUQHV
$FFHVRULRV
0DUFDMHSDUDFDEOHV
%DUUDVGHGLVWULEXFLyQ
&RQHFWRUHVUiSLGRV6HULH
&RQHFWRUHVUiSLGRV6HULH
5HOpVGH&RQWURO6HULH
5HOpVGH&RQWURO6HULH
5HOpVGH&RQWURO6HULH
5HOpVGH&RQWURO6HULH
5HOpVGH&RQWURO6HULH
7UDQVGXFWRUHV6HULH
2SWRDFRSODGRUHV6HULH
)XHQWHVFRQPXWDGDV(SVLWURQ3UR
)XHQWHVFRQPXWDGDV(SVLWURQ&ODVVLF
)XHQWHVFRQPXWDGDV(SVLWURQ(FR
6ZLFKWLQGXVWULDOHV
3DQHOHVGH&RQWURO
5HOpV0RGXODUHVLQYHUVRUHV
6HULHV(('1
5HOpV0RGXODUHVLQYHUVRUHV
6HULHV&&
3DJ
3DJ
6XSUHVRUHVFRQWUDUD\RV\VREUHWHQVLRQHV
D
ES
6XSUHVRUHV&ODVH
6XSUHVRUHV&ODVH
6XSUHVRUHV&ODVH
6XSUHVRUHVSDUDDXWRPDWL]DFLyQ
6XSUHVRUHV63$5.*$3$7(;
3DJ
3DJ
3DJ
3DJ
3DJ
6HQVRUHV\7UDQVGXFWRUHV
6HQVRUHV,QGXFWLYRV3HSSHUO)XFKV
6HQVRUHV&DSDFLWLYRV3HSSHUO)XFKV
6HQVRUHV2SWLFRV3HSSHUO)XFKV
6HQVRUHV8OWUDVyQLFRV3HSSHUO)XFKV
7UDQVGXFWRUHV3HSSHUO)XFKV
6HQVRUHVGH1LYHO3HSSHUO)XFKV
&RQHFWRUHV\$FFHVRULRV3HSSHUO)XFKV
6HQVRUHV)ORZ6ZLWFKHV.65.XHEOHU
6HQVRUHV0DJQpWLFRV.65.XHEOHU
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
7UDQVGXFWRUHVH,QGLFDGRUHV
$LVODGRUHVJDOYiQLFRVP$P$
7UDQVGXFWRUHV'&'&
7UDQVGXFWRUHV$&'&
7UDQVGXFWRUHVGHWHPSHUDWXUD
,QGLFDGRUHVGH3URFHVR
3DJ
3DJ
3DJ
3DJ
3DJ
'(6,0$7
ZZZGHVLPDWFRP
&RQHFWRUHVGH&RQWURO
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
AT
(SLF&RQHFWRUHV+$
(SLF-XHJRGH&RQHFWRUHV+%SRORV
(SLF&RQHFWRUHV+%XQFLHUUHSRORV
(SLF&RQHFWRUHV+%GREOHFLHUUHSRORV
(SLF&RQHFWRUHV+$SRORV
(SLF&RQHFWRUHV+$SRORV
(SLF&RQHFWRUHV+''SRORV
:DOWKHU&RQHFWRUHV%XQFLHUUHSRORV
:DOWKHU&RQHF%GREOHFLHUUHSRORV
:DOWKHU&RQHFWRUHV$SRORV
:DOWKHU&RQHFWRUHV%$SRORV
&RQHFWRUHV&LOtQGULFRV+LUVFKPDQQ
&RQHFWRUHV5HFWDQJXODUHV+LUVFKPDQQ
$FFHVRULRVSDUD&RQHFWRUHV+LUVFKPDQQ
&RQHFWRUHV&LOtQGULFRV6HULH&$+LUVFKPDQQ
IM
&RQWDFWRUHV5HOpV7pUPLFRV\(OHPHQWRVGH&RQWURO
&RQWDFWRUHV&RQWURO*URXS
%RELQDV\$FFHVRULRV&RQWURO*URXS
5HOpVWpUPLFRV&RQWURO*URXS
(OHPHQWRVGHFRQWUROPP&RQWURO*URXS
3DJ
3DJ
3DJ
3DJ
(OHPHQWRVGH&RQWUROPP\&DMDVGHSROLFDUERQDWR
D
ES
(OHPHQWRVGHFRQWUROPP
(OHPHQWRVGHFRQWUROPP
%RWRQHUDVGHFRQWURO
/iPSDUD/('
&DMDVGHSROLFDUERQDWR
%DOL]DVGHVHxDOL]DFLyQ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
+HUUDPLHQWDV\7HUPLQDOHV
7HUPLQDOHVGH&RPSUHVLyQ%0
%ORFNGHGLVWULEXFLyQPRGXODUHV%0
%DVHVGHILMDFLyQ\WHUPRFRQWUDLEOHV%0
$PDUUDVGHQ\ORQHLQR[LGDEOHV%0
'HVWRUQLOODGRUHV
$OLFDWHV
$SULHWD7HUPLQDOHV%0
3HODFDEOHV
&RUWDQWHV\DFFHVRULRV
0DOHWDSRUWDKHUUDPLHQWDV
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
(TXLSRVSDUD$UHDVFRQ5LHVJRGH([SORVLyQ
/XPLQDULDV)OXRUHVFHQWHV6HULH
,QWHUUXSWRU6HULH
/XPLQDULDVWLSRWRUWXJDVHULH
/XPLQDULDSDUDLQVSHFFLyQ6HULH
/LQWHUQD=RQD
&DMDV((;H6HULH
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
IM
AT
&DMDV((;H6HULH
&DMDV((;H6HULH
&DMD6HULH
(VWDFLRQHVGH&RQWURO6HULH
3XOVDGRUHV\6HOHFWRUHV6HULH
3XOVDGRUHVOXPLQRVRV6HULH
3LORWRV6HULH
(QFKXIHV6HULH
(QUROODGRUGHFDEOH6HULH
&8%([6HULH
6HxDOL]DFLyQ6HULH)/<$</
%RFLQD6HULH
6LVWHPDGH$WHUUDPLHQWR
&DMDVGH5HJLVWURSDUD&RQGXLW
&DMDVGH5HJLVWUR6HULH*8
8QLyQDPHULFDQD6HULH*80
6HOORV6HULH(1<\DFFHVRULRV
7DSRQHVUHGXFFLRQHV\IOH[LEOHV
&DMDV6HULH*5
8QLRQHVGHDFRSODPLHQWR6HULH:+
'UHQDMHV
(VWDFLRQHVGHFRQWURO1(&
,OXPLQDULDV6HULH90
6HxDOL]DFLyQ\7HOHIRQtD
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
,QWPDJQHWRWpUPLFRV6HULH07&XUYD&.$
,QWPDJQHWRWpUPLFRV6HULH07&XUYD&.$
,QWPDJQHWRWpUPLFRV6HULH07&XUYD%'.$
,QWPDJQHW6HULH0707+7&XUYD&.$
3URWHFFLRQHVGLIHUHQFLDOHV
&RQWDFWRVDX[\%RELQDVGHGLVSDUR6HULH0707+3
7HPSRUL]DGRUHVHLQWHUUXSWRUHVKRUDULRV
$PSHUtPHWURVYROWtPHWURV\WUDQVIRUPDGRUHV;$
&RQPXWDGRUHV\DFFHVRULRV6HULH$0
,QWHUUXSWRUHVGHFDMDPROGHDGD6HULH07;
\07;(
$FFHVRULRVSDUDFDMDPROGHDGD6HULH07;
\07;(
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
D
ES
<RGDODUP6RXQGHU<<<
<RGDODUP6RXQGHU6WUREHFRPELQDWLRQ</</
6WUREHOLJKW9\%/.
%DOL]DV5RWDWRULDV6/'6/'
%DOL]D%/*/('
%DOL]D6RODU6/6
%DOL]D%/(/('
6WUREHOLJKW%/6
0LQL+RRWHU+3/
0LQL+RRWHU+3
6LJQDOOLQJ+RRWHU+*:DOXPLQLR
6LJQDOOLQJ+RRWHU+3:WKHUPRSODVWLF
%X]]HU(OHFWUyQLFRVPP
0LQL6LUHQ.6
6LUHQDV)),),,),,,
6HPiIRUR3XHVWRV6$0/('
6HPiIRURFRPSDFWR06$0/('
7HOpIRQR5HVLV7HO
,QGLFDGRUGHOODPDGD)6.
7HOpIRQRV)HUQ7HO
(H[6LJQDOOLJKWG6/%/('$7(;
(H[6LJQDOOLQJ+RRWHUG*+G5*+$7(;
*HZLVV
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
IM
AT
,QWHUUXSWRUHVGHFDMDPROGHDGD6HULH076
(QFKXIHVEDVHV\DGDSWDGRUHV6HULH63,&
%DVHVGHHQFKXIHV,(&9
%DVHVGHHQFKXIHV,(&9'&
0XOWLSOLFDGRUHVPyYLOHV\DGDSWDGRUHV
&DMDVPRGXODUHV6HULH&20%,
,QWHUUXSWRUHV\EDVHVGHHQFKXIHV
7DEOHURSDUDGLVWULEXFLyQ,(&
%DVHVFRPSDFWDV&20%,%/2&
%DVHVILMDVFRQLQWHUUXSWRUGHEORTXHR,(&
7DEOHURSDUDGLVWULEXFLyQ4',14%2;
%DVHVFRQLQWHUUXSWRUGHEORTXHR\SURWHFFLyQ
,QWHUUXSWRUHVURWDWLYRV6HULH57\36
%RWRQHUDVSDUWLUSDUDU\HPHUJHQFLD
*DELQHWHVHVWDQFRVHQSROLpVWHU
&DQDOHWDV6HULH13
&DMDGHGHULYDFLyQ6HULH
/XPLQDULDV6HULH=17
3UR\HFWRUHV+2586
3UR\HFWRUHV+2586
3UR\HFWRUHV+2586
3UR\HFWRUHV6HULH*(1,86
3UR\HFWRUHV6HULH7,7$12
3UR\HFWRUHV6HULH7,7$12$7(;
3UR\HFWRUHV6HULH.212
5HIOHFWRUHV6HULH+$//(
5HIOHFWRUHV300$6HULH+$//(
5HIOHFWRUHV6HULH+$//($7(;
3UR\HFWRUHV6HULH67$',80
3UR\HFWRUHV6HULH&2/266(80
/XPLQDULDV6HULH$675,'
/XPLQDULDV6HULH$9(18(
(TXLSRVGHPHGLGD\DFFHVRULRVGHODERUDWRULR
D
ES
0XOWtPHWUR0(75$+,767$5/,1(
%$6(352;75$
0XOWtPHWUR0(75$+,721(3/86
0XOWtPHWUR7506\DLVODPLHQWR0(75$+,7,
0XOWtPHWUR\RKPtPHWUR0(75$+,70
$FFHVRULRVSDUDPXOWtPHWURV
&DOLEUDGRU0(75$+,7&OLJKW
352),7(676,,
0(75,62&
0(75,62$$
$PSHUtPHWURGH7HQD]D
,QGLFDGRUHVGHVHFXHQFLDGHJLUR
3XQWDVGHSUXHEDWLSR&ODPS
&DLPDQHV&OLS
3XQWDVGHSUXHED
3OXJV
6RFNHWV
([WHQVLRQHV6HULH0/6
([WHQVLRQHV6HULH0/1
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
3DJ
'DWRV7pFQLFRV
$QWHFHGHQWHV7pFQLFRV
3DJ
IM
AT
&DEOHVSDUD&RQWURO
H,QVWUXPHQWDFLyQ
D
ES
g/)/(;&/$66,&
5
AT
&DEOHGHFRQWURO
FRQFRQGXFWRUHVFRQFyGLJRGHFRORUHV
&RPSXHVWRHVSHFLDOGH39&3
$SOLFDFLyQ
(/ FDPSR GH DSOLFDFLyQ GH ORV FDEOHV GH FRQWURO

g/)/(;&/$66,&FRPSUHQGHiUHDVLQWHULRU
K~PHGDV\VHFDVVLQHPEDUJRVXUHVLVWHQFLDDOD
LQWHPSHULHHVPRGHUDGD6HUHFRPLHQGDLQVWDODUHQ
DSOLFDFLRQHV GH SRFR PRYLPLHQWR VLQ FDUJD GH
WHQVLyQRJXtDVGHWUDFFLyQ
5HFRPHQGDGR SDUD PiTXLQDV LQGXVWULDOHV
VXEHVWDFLRQHV HTXLSRV GH DLUH DFRQGLFLRQDGR \
SODQWDVGHHQHUJtDHOg/)/(;&/$66,&HV
ODYDULDQWHTXHSHUPLWHGLiPHWURVH[WHULRUHVGHEDMR
FDOLEUH UHGXFLHQGR HVSDFLRV FXPSOH ODV DOWDV
GHPDQGDVHOHFWULFDV\PHFiQLFDVHODOWRYROWDMHGH
SUXHEDGH9$&DVHJXUDXQDOWRDLVODPLHQWR
$OWDUHVLVWHQFLDDORViFLGRVJUDVDV\DFHLWHV
IM
'DWRV7pFQLFRV
D
ES
&RQVWUXFFLyQ
)LQRVFRQGXFWRUHVGHFREUHDLVODPLHQWRH[WHULRUGH
39&HVSHFLDOJULV5$/FRORUHVGHDFXHUGRD
FyGLJR9'(9'(9'(
&yGLJR
7HQVLyQQRPLQDO8R8
PP
PP
9
9
7HQVLyQGH3UXHED
9
5HVLVWHQFLDGHDLVODPLHQWR
!*[FP
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
&RQGXFWRUGHSURWHFFLyQ
*
;
9HUGHDPDULOOR
VLQYHUGHDPDULOR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P
&yGLJRGHLGHQWLILFDFLyQ
GHOFRQGXFWRU
5DGLRGHIOH[LyQPtQLPR
SDUDODDSOLFDFLyQ
0yYLO
)LMD
&RQGXFWRUHVFyGLJR
GHFRORUHV
9'(
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
(VWUXFWXUDGHFRQGXFWRU
WUHQ]DGR
&yGLJR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ([WHULRU
PP
PP

.J.P

*

*

*

*

*

*

*

*

*

*

g/)/(;&/$66,&
5
AT
&DEOHGHFRQWURO
FRQFRQGXFWRUHVQXPHUDGRV
$SOLFDFLyQ
(/ FDPSR GH DSOLFDFLyQ GH ORV FDEOHV GH FRQWURO

g/)/(; &/$66,& DEDUFD WRGDV ODV
LQVWDODFLRQHV HOpFWULFDV HQ HVSDFLRV VHFRV \
K~PHGRVVLQHPEDUJRVXUHVLVWHQFLDDODLQWHPSHULH
HVPRGHUDGD
(O FDEOH GH FRQWURO g/)/(; &/$66,& HV
DSURSLDGRFRPRFDEOHGHPHGLFLyQFRQWURO\PDQGR
HQ OD FRQVWUXFFLyQ GH LQVWDODFLRQHV HQ FHQWUDOHV
HOpFWULFDV HQ OD WpFQLFD GH FDOHIDFFLyQ \
FOLPDWL]DFLyQHQLQVWDODFLRQHVGHUHIULJHUDFLyQ
/RV Q~PHURV KDQ VLGR VXEUD\DGRV SDUD HYLWDU
FRQIXVLRQHV/RVFDEOHVg/)/(; &/$66,&
JDUDQWL]DQXQDEXHQDIOH[LELOLGDGVRQUHVLVWHQWHVDO
DFHLWH\DJHQWHVTXtPLFRV39&DXWRH[WLQJXLEOH\
QR SURSDJDGRU GH OODPD WHVW PpWRGR % VHJ~Q
QRUPDWLYD9'(SDUWH,(&FRORU
5$/
5
'DWRV7pFQLFRV
D
ES
IM
&yGLJR
7HQVLyQQRPLQDO8R8
9
7HQVLyQGH3UXHED
9
!*[FP
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
*
;
9HUGHDPDULOOR
VLQYHUGHDPDULOR
([WHULRU
6HFFLyQHQ
PP
PP
GHOFRQGXFWRU
SDUDODDSOLFDFLyQ
0yYLO
)LMD
*
*
*
*
*
*
*
*
*
*

[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ([WHULRU
PP
PP
.J.P

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
WUHQ]DGR
&yGLJR
.J.P

*
*

[
[
*
*
*
*
*
*

g/)/(;&/$66,&
5
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP
AT
&DEOHGHFRQWURO
.J.P
&yGLJR
*
*
*
*

[
[
*
*
*
*
*
*
*
*
*

[
[
*
*
*

D
ES
.J.P

*
*
*
*
*
*
*
*
*

[
*
*
*
*
*
*
*
*
*
*

IM

6HFFLyQHQ([WHULRU
PP
PP
,1129$7,9(&211(&7,216
&21(&725(63$5$&$%/(62/,'2
<)/(;,%/(PPPP

g/)/(;&/$66,&1HJUR.Y
5
AT
&DEOHGHFRQWUROUHVLVWHQWHDORVUD\RV89.9
$SOLFDFLyQ
(VWRV FDEOHV HVWiQ GHVWLQDGRV SDUD XVR HQ

LQWHULRUHV \ H[WHULRUHV VHFRV \ K~PHGRV
HVSHFLDOPHQWHHQDPELHQWHVLQGXVWULDOHVDGHFXDGR
FRPRFDEOHGHPHGLFLyQPRQLWRUHR\FRQWURO
IM
&XELHUWDH[WHULRU39&3
&RQGXFWRU GH FREUH HOHFWUROtWLFR UHFRVLGR

IRUPDFLyQFODVHVHJ~Q81(,(&
'DWRV7pFQLFRV
D
ES
$LVODPLHQWR GH 39& FRQ LGHQWLILFDFLyQ

QRUPDOL]DGD VHJ~Q 81( ,+' \ 81(
,,+'FDEOHVQHJURVQXPHUDGRV\FDEOH
GHSURWHFFLyQGHWLHUUDYHUGHDPDULOOR
/DLGHQWLILFDFLyQGHORVFRQGXFWRUHVVHUHDOL]DUiSRU
QXPHURVEODQFRVVREUHDLVODPLHQWRQHJUR
&yGLJR
7HQVLyQQRPLQDO8R8
.9
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
([WHULRU
6HFFLyQHQ
PP
PP
&KDVWD&
&KDVWD&
.J.P
SDUDODDSOLFDFLyQ
0yYLO
)LMD
WUHQ]DGR
&yGLJR

*
*
*
*
*
*
*
*

[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
&ODVH
6HFFLyQHQ([WHULRU
PP
PP

[
*
*
*
*
*
*
*

.J.P

g/)/(;&/$66,&&<
5
AT
&DEOHGHFRQWUROFRQFRQGXFWRUHVQXPHUDGRV
\DSDQWDOODPLHQWRWUHQ]DGRGH&REUH
$SOLFDFLyQ
/RVFDEOHV2/)/(; &/$66,&&<VRQFDEOHV
SDUD WUDQVPLVLyQ GH GDWRV HQ VLVWHPDV GRQGH VH
UHTXLHUH TXH ODV VHxDOHV HVWpQ OLEUHV GH
LQWHUIHUHQFLDV HOHFWURPDJQpWLFDV (0&
FRPSDWLELOLGDG HOHFWURPDJQpWLFD (O
DSDQWDOODPLHQWRGHFREUHHVWDxDGRDODVHJXUD
XQD WUDQVPLVLyQ GH VHxDOHV H LPSXOVRV OLEUHV GH
LQWHUIHUHQFLDV
(VWRVFDEOHVVRQGHXVRIOH[LEOHSDUDiUHDVVHFDV\
K~PHGDVSHURQRUHFRPHQGDGRVSDUDXVRH[WHULRU
IM
3DUD RSWLPL]DU VXV FDUDFWHUtVWLFDV VH UHFRPLHQGD

XQDEXHQDFRQH[LyQDWLHUUDHQDPERVH[WUHPRVGHO
FDEOHFRORU5$/
9
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
9
9
D
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
!*[FP
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
*
;
9HUGHDPDULOOR
VLQYHUGHDPDULOR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P
GHOFRQGXFWRU
SDUDODDSOLFDFLyQ
0yYLO
)LMD
WUHQ]DGR
&yGLJR

;
;
*
*
*
*
*
*

;
;
*
*
*
*

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ
([WHULRU
PP
PP

.J.P

*
*

;
*
*
*
*
*
*

*
*
*
*

g/)/(;&/$66,&&<.Y
5
AT
&DEOHGHFRQWUROFRQFRQGXFWRUHVQXPHUDGRV
\DSDQWDOODPLHQWRWUHQ]DGRGH&REUHUHVLVWHQWHDORVUD\RV
89.YXVRLQWHPSHULH
$SOLFDFLyQ
/RVFDEOHV2/)/(;&/$66,&&<.YVRQ
FDEOHV SDUD XVR HQ DPELHQWHV LQGXVWULDOHV FRQ
FRPSDWLELOLGDG HOHFWURPDJQpWLFD (0& FUtWLFD (O
DSDQWDOODPLHQWRGHFREUHHVWDxDGRDODVHJXUD
XQD WUDQVPLVLyQ GH VHxDOHV H LPSXOVRV OLEUHV GH
LQWHUIHUHQFLDV
(VWRV FDEOHV VRQ DGHFXDGRV SDUD XVR LQWHULRU \
H[WHULRU GHQWUR GHO UDQJR GH WHPSHUDWXUD
HVSHFLILFDGR
$GHFXDGR FRPR FDEOH GH PHGLFLyQ PRQLWRUHR \
FRQWURO ,GHDO SDUD FRQVWUXFFLyQ GH PDTXLQDULDV
VLVWHPDV GH FOLPDWL]DFLyQ FDOHIDFFLyQ \
UHIULJHUDFLyQ
IM
D
ES

FDEOHFRORU5$/QHJUR
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
9
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
9
9
!*[FP
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
*
;
9HUGHDPDULOOR
VLQYHUGHDPDULOR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P
GHOFRQGXFWRU
SDUDODDSOLFDFLyQ
0yYLO
)LMD
WUHQ]DGR
&yGLJR

*
*
*
*
*
*

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ([WHULRU
PP
PP

*
*
*
*

.J.P

g/)/(;(%(%&<
5
IM
AT
&DEOHGHFRQWUROFRQFXELHUWDH[WHULRUD]XOSDUDFLUFXLWRVGH
VHJXULGDGLQWUtQVHFD
$SOLFDFLyQ
$SWRSDUDiUHDVFODVLILFDGDVFRQULHVJRGHH[SORVLyQ
HQ DSOLFDFLRQHV FRQ VHJXULGDG LQWUtQVHFD (O
SURJUDPD RIUHFH FDEOHV VLQ DSDQWDOODPLHQWR SDUD
FLUFXLWRVGHFRQWURO\FDEOHVFRQDSDQWDOODPLHQWRGH
WUHQ]DGR GH FREUH TXH SHUPLWHQ XQD EXHQD
SURWHFFLyQFRQWUDODVLQWHUIHUHQFLDVHOpFWULFDVFRORU
D]XO5$/
&DEOHDOWDPHQWHUHVLVWHQWHVDORVDFHLWHVDJHQWHV
TXtPLFRV39&DXWRH[WLQJXLEOH\QRSURSDJDGRUGH
OODPD WHVW 0pWRGR % 9'( SDUW H ,(&
9'(
ES
2EVHUYDFLyQ
(VWH SURGXFWR KD VLGR GLVHxDGR SDUD HO XVR
DSURSLDGRHQXQUDQJRSRUGHEDMRGHORV9$&\
9'&
7HQVLyQQRPLQDO8
YROWDMHSHDN
YpDVHREVHUYDFLyQ
9
'DWRV7pFQLFRV
7HQVLyQGH3UXHED
!*[FP
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
GHOFRQGXFWRU
QHJURFRQQ~PHURV
EODQFRV9'(
g/)/(;(%
5
([WHULRU
6HFFLyQHQ
PP
PP
D
&yGLJR

WUHQ]DGR
,QGXFWDQFLD

$SUR[P+.P
&DSDFLWDQFLD
FDEOHFDEOHDSUR[
FDEOHPDOODDSUR[
(%
Q).P
Q).P
SDUDODDSOLFDFLyQ
)LMD
(%&<
Q).P
Q).P
[GLiPHWURGHFDEOH
g/)/(;(%&<$SDQWDOODGR
5
.J.P
&yGLJR
[
*
*
*
*
*
*
*
9'(FODVH
,(&FODVH

6HFFLyQHQ([WHULRU
PP
PP

[
[
[
[
[
[
[

.J.P

ES
IM
AT
6LVWHPDGHFRQH[LyQDWLHUUD

PP
PP
PP
PP
5LHOSHUIRUDGR
GHFREUHGH
PP
GHODUJR

%DUUDGHFREUH
HVWDxDGDGH
PP[PP

6RSRUWH
GHPRQWDMH
0[PP

g/)/(;&/$66,&6<
5
IM
AT
&DEOHGHFRQWUROFRQFRQGXFWRUHV
QXPHUDGRV\WUHQ]DGRGHDODPEUHGH$FHUR
*DOYDQL]DGR
$SOLFDFLyQ
(OFDEOHGHFRQWURO2/)/(; &/$66,&6<HV
DSURSLDGRFRPRFDEOHGHPHGLFLyQFRQWURO\PDQGR
HQFHQWUDOHVHOpFWULFDVFDOHIDFFLyQ\FOLPDWL]DFLyQ
HQ LQVWDODFLRQHV GH UHIULJHUDFLyQ \ GH
SURFHVDPLHQWRGHGDWRV
(OFDEOHGHFRQWURO2/)/(;&/$66,&6<FRQ
WULSOH SURWHFFLyQ VDWLVIDFH ODV PiV ULJXURVDV
FRQGLFLRQHV GH WUDEDMR 8QD H[FHOHQWH SURWHFFLyQ
PHFiQLFD\XQFLHUWRDSDQWDOODGRHOpFWULFRRIUHFHHO
WUHQ]DGR GH DODPEUH GH DFHUR SURWHJLGR FRQWUD OD
R[LGDFLyQ UHYHVWLPLHQWR H[WHULRU WUDQVSDUHQWH HQ
EDVH D 39& HVSHFLDO 5HWDUGDQWH D OD OODPD ,(&

5
9
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO8R8
&yGLJR
7HQVLyQGH3UXHED
GHOFRQGXFWRU
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
([WHULRU
6HFFLyQHQ
PP
PP
!*[FP
&KDVWD&
&KDVWD&
SDUDODDSOLFDFLyQ
0yYLO
)LMD
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR
*
*
*
*
*
*
*
*

*
*

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ
([WHULRU
PP
PP

.J.P

*
*
*
*

*
*
*
*
*
*

g/)/(;&/$66,&&<
5
IM
AT
&DEOHGHFRQWUROFRQDSDQWDOODPLHQWRGH&REUH
HVWDxDGR\FRQGXFWRUHVQXPHUDGRV
$SOLFDFLyQ
(OFDPSRGHDSOLFDFLyQGHORVFDEOHVGHFRQWUROg/)/(; &/$66,&
&<DEDUFDWRGDVODVLQVWDODFLRQHVHOpFWULFDVHQDPELHQWHVVHFRV
\K~PHGRVVLQHPEDUJRQRHVUHFRPHQGDGRVXXVRDODLQWHPSHULH
(V DSURSLDGR FRPR FDEOH GH PHGLFLyQ FRQWURO \ PDQGR HQ OD
FRQVWUXFFLyQ GH PiTXLQDV KHUUDPLHQWDV HQ FHQWUDOHV HOpFWULFDV
FDOHIDFFLyQFOLPDWL]DFLyQLQVWDODFLRQHVGHUHIULJHUDFLyQVHDSOLFDQ
GRQGH FDPSRV HOpFWULFRV SHUWXUEDGRUHV SXHGHQ DOWHUDU XQD
WUDQVPLVLyQGHVHxDO
/RV FDEOHV g/)/(; &/$66,& &< VRQ H[WUHPDGDPHQWH
UHVLVWHQWHDDFHLWHV\SURGXFWRVTXtPLFRVWRGRVORVFDEOHVOOHYDQXQ
FRQGXFWRUGHSURWHFFLyQYHUGHDPDULOOR/RVFRQGXFWRUHVVRQQHJURV
\ HVWiQ PDUFDGRV FRQ Q~PHURV EODQFRV /D QXPHUDFLyQ VH UHSLWH
DSUR[LPDGDPHQWHFDGDPP(ODSDQWDOODPLHQWRWUHQ]DGRGH
FREUHHVWDxDGR\VXUHYHVWLPLHQWRH[WHULRUHVWUDQVSDUHQWHGHXQD
PH]FODHVSHFLDOHQEDVHD39&DQWLLQIODPDEOH,(&
3DUD RSWLPL]DU VXV FDUDFWHUtVWLFDV VH UHFRPLHQGD XQD EXHQD
FRQH[LyQDWLHUUDHQDPERVH[WUHPRVGHOFDEOH
5
7HQVLyQQRPLQDO8R8
'DWRV7pFQLFRV
ES
7HQVLyQGH3UXHED
FDEOHFDEOH
FDEOHSDQWDOOD
9
&yGLJR
9
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
!*[FP
&KDVWD&
&KDVWD&
*
([WHULRU
6HFFLyQHQ
PP
PP
GHOFRQGXFWRU
SDUDODDSOLFDFLyQ
0yYLO
)LMD
WUHQ]DGR
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
9HUGHDPDULOOR
.J.P
&yGLJR

*
*
*
*
*
*
*

*
*
*

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(

6HFFLyQHQ([WHULRU
PP
PP

.J.P

*
*
*
*

*
*
*
*
*

g/)/(;3
5
IM
AT
&DEOHGHVHJXULGDGGH3ROLXUHWDQR
/LEUHGH+DOyJHQRV
$SOLFDFLyQ
/D DSOLFDFLyQ PiV FRP~Q GH g/)/(; 3 HV

GRQGH VH UHTXLHUHQ DOWRV tQGLFHV GH VHJXULGDG
FRPRSRUHMHPSORDOLPHQWDFLyQGHHTXLSRVGHXVR
PDQXDO WDOHV FRPR HVPHULOHV WDODGURV \
DODUJDGRUHV
5
3DUWLFXODULGDG
/D JUDQ UHVLVWHQFLD D OD WUDFFLyQ \ D ORV URFHV GHO
PDWHULDOGHODFXELHUWDGHOg/)/(;3DVHJXUD
XQD ODUJD YLGD \ FRQILDELOLGDG$GHPiV HVWH FDEOH
SRVHH XQD UHVLVWHQFLD D SURGXFWRV TXtPLFRV /D
FXELHUWD GH SROLXUHWDQR HV UHVLVWHQWH D OD OODPD
iFLGRV VROXFLRQHV DOFDOLQDV EHQFLQDV JUDVDV \
DFHLWHV
/DFXELHUWDLQWHULRUGHFRORUURMRVHxDOL]DHQIRUPD
FODUD HQ FDVR TXH OD FXELHUWD VXSHULRU GH FRORU
DPDULOORVHDGDxDGD
ES
&yGLJR

9
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
!*[FP
&KDVWD&
&KDVWD&
*
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
6HFFLyQHQ([WHULRU

PP
PP
*
*

GHOFRQGXFWRU
&RQGXFWRUHVGHDFXHUGR
9'(7DEOD7
SDUDODDSOLFDFLyQ
0yYLO
)LMD
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
9HUGHDPDULOOR
.J.P
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P

*

g/)/(;3
5
IM
AT
&DEOHGH3ROLXUHWDQROLEUHGH+DOyJHQRV
XVRLQWHULRU\H[WHULRU9
$SOLFDFLyQ
ES
&DEOH GH 3ROLXUHWDQR O LEUH GH KDOyJHQR

UHFRPHQGDGR SDUD WUDEDMR SHVDGR XVR LQWHULRU \
H[WHULRU UHVLVWHQWH D R]RQR \ UDGLDFLRQHV 89
GLVROYHQWHViFLGRV\DOFDOLQDVOtTXLGRVKLGUiXOLFRV
DFHLWHV \ JUDVDV PLFURELRV \ HURVLyQ DJXDV
UHVLGXDOHV\PDULQDVFRORU5DOUHWDUGDQWHDOD
OODPD DGHFXDGR SDUD XVDUOR HQ PiTXLQDV
KHUUDPLHQWDVWUDEDMRHQDFHURLQGXVWULDGHODFHLWH\
UHIULJHUDQWHV,(&
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED

0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
;
!0[FP
&KDVWD&
&KDVWD&

SDUDODDSOLFDFLyQ
0yYLO
)LMD
&RORUHVGHDFXHUGR
9'(
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&O
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
([WHULRU
6HFFLyQHQ

PP
PP
[
*
*
*
GHOFRQGXFWRU
9
&yGLJR
9
.J.P
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P

[
*
*
*

*
*

g/)/(;3
5
IM
AT
&DEOHFRQFXELHUWDGH3ROLXUHWDQR
OLEUHGH+DOyJHQRV
$SOLFDFLyQ
'DWRV7pFQLFRV
ES
(VWH H[FHOHQWH \ YHUViWLO FDEOH GH 385 VH KD

DFUHGLWDGR FRQ FUHFHV 6H DSOLFD FRPR FDEOH GH
HTXLSRV PDQXDOHV HQ REUDV SURORQJDFLyQ \
FRQH[LyQ GH DSDUDWRV SDUD FDPSLQJ SXHVWRV
PyYLOHV HTXLSRV GH MDUGLQHUtD LQVWDODFLRQHV GH
ODYDGRHWF
(ODLVODPLHQWRGHOFRQGXFWRU73(\HOUHYHVWLPLHQWR
H[WHULRUGH385SHUPLWHQODDSOLFDFLyQFRQFDOLGDG
HQ HO LQWHULRU R H[WHULRU UHVLVWHQWH DO DFHLWH ORV
PLFURELRV \ OD KLGUyOLVLV 5HVLVWHQWH D OD DEUDVLyQ
SURWHFFLyQ89
&RORUDPDULOORUDOUHWDUGDQWHDODOODPD,(&

*
9
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
*
*

SDUDODDSOLFDFLyQ
0yYLO
)LMD
!*[FP
&KDVWD&
&KDVWD&
([WHULRU
6HFFLyQHQ

PP
PP
9HUGHDPDULOOR
GHOFRQGXFWRU
&RORUHVGHDFXHUGR9'(
9
&yGLJR
7HQVLyQQRPLQDO8R8
PP
!PP
7HQVLyQGH3UXHED
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
6HJ~Q9'(FODVH
,(&FO
.J.P
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP
.J.P

*
*
*

g/)/(;&3
5
IM
AT
&DEOHFRQFXELHUWDGH3ROLXUHWDQRDSDQWDOODGR
OLEUHGH+DOyJHQRV
$SOLFDFLyQ
'DWRV7pFQLFRV
ES
&DEOH GH 3ROLXUHWDQR \ OLEUH GH +DOyJHQRV 6RQ

FDEOHV HVSHFLDOHV SDUD VXPLQLVWUR GH HQHUJtD
UHVLVWHQWHV D ORV PLFURELRV \ D OD KLGUyOLVLV
UHVLVWHQWHV D OD DEUDVLyQ (VWH FDEOH HV
UHFRPHQGDGR SDUD XVR LQWHULRU \ H[WHULRU FRORU
DPDULOOR 5$/ FDEOH UHFRPHQGDGR SDUD OD
DOLPHQWDFLyQ GH YDULDGRUHV GH IUHFXHQFLD \
VHUYRPRWRUHV FRQ DOWD SURWHFFLyQ D ODV
LQWHUIHUHQFLDV HOHFWURPDJQpWLFDV UHWDUGDQWH D OD
OODPD,(&
(0&&RPSDWLELOLGDGHOHFWURPDJQpWLFD
895HVLVWHQWHDORVUD\RVXOWUDYLROHWD

9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
!*[FP
6HFFLyQHQ ([WHULRU

PP
PP

WUHQ]DGR
+LORILQRVHJ~Q9'(
FODVH,(&&O
&KDVWD&
&KDVWD&
*
*
*
*
FRORUVHJ~Q9'(
GHOFRQGXFWRU
!&RQGXFWRUHVQHJURV
FRQQXPHURVEODQFRV
SDUDODDSOLFDFLyQ
0yYLO
[GLiPHWURGHFDEOH
)LMD
[GLiPHWURGHFDEOH
9
9
7HQVLyQGH3UXHED
&yGLJR
7HQVLyQQRPLQDO8R8
PP
!PP
9HUGHDPDULOOR
.J.P
&yGLJR
6HFFLyQHQ([WHULRU
PP
PP
.J.P

*
*
*

g/)/(;+&+
5
IM
AT
&DEOHVGHFRQWUROFRQFRQGXFWRUHVQXPHUDGRV
/LEUHGH+DOyJHQRVFRQ\VLQSURWHFFLyQHOHFWURPDJQpWLFD
$SOLFDFLyQ
(OFDPSRGHDSOLFDFLyQGHHVWHFDEOHIOH[LEOHOLEUH
GHKDOyJHQRg/)/(;+\&+FRPSUHQGHWRGDV
ODV iUHDV HTXLSRV HOpFWULFRV HQ VDODV VHFDV \
K~PHGDVHVSHFLDOPHQWHHQiUHDVLQGXVWULDOHV
1R UHFRPHQGDGRV SDUD VHU LQVWDODGRV D OD
LQWHPSHULH
6RQ DSURSLDGRV SDUD LQVWDODFLyQ ILMD \ IOH[LEOHV HQ
WUHQHV VLVWHPDV GH YHQWLODFLyQ \ DLUH
DFRQGLFLRQDGR DHURSXHUWRV 3RU VX FRPSRVLFLyQ
OLEUH GH KDOyJHQRV VX HPDQDFLyQ HQ FDVR GH
LQFHQGLRVHVPX\UHGXFLGD
(Og/)/(;+\&+RIUHFHXQDEDMDHPDQDFLyQ
GH JDVHV FRUURVLYRV SURGXFWR GH VX FRQVWUXFFLyQ
FRPELQDGDGH39&\SURGXFWRVOLEUHVGHKDOyJHQRV
DLVODFLyQ \ FDEOH FRPSOHWR UHVLVWHQWH D OD OODPD \
DXWRH[WLQJXLEOH VHJ~Q ,(& /LEUH GH
DVEHVWRVOLEUHGHSORPR\VLOLFRQDV/%6
5
9
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
!7[FP
&KDVWD&
&KDVWD&
9HUGHDPDULOOR
g/)/(;+
5
&yGLJR
([WHULRU
6HFFLyQHQ

PP
PP
GHOFRQGXFWRU
&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
SDUDODDSOLFDFLyQ
+0yYLO
)LMD
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
&+0yYLO
)LMD
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
g/)/(;&+DSDQWDOODGR
5
.J.P
&yGLJR
6HFFLyQHQ
([WHULRU

PP
PP
.J.P
[
*
*
*
*
*
*

;
*
*
*
*
*
*

*
*
*
*

*
*
*

g/)/(;&5$1(6
5
IM
AT
&DEOHGHFRQWURODXWRVRSRUWDGR
$SOLFDFLyQ
(O&DEOHg/)/(;75$*26H[WUDIOH[LEOHFODVH
HVDPSOLDPHQWHXVDGRFRPRFDEOHGHFRQWUROFRQ
DXWRVRSRUWDFLyQSDUDSXHQWHVJU~DV\HTXLSRVHQ
DOWXUD 1R DSWR SDUD HTXLSRV HOpFWULFRV HQ
PRYLPLHQWRYHUWLFDO$VFHQVRUHV
5HVLVWHQWHDODJXDXVRLQWHULRU\H[WHULRU
ES
&yGLJR

9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
!*[FP
&KDVWD&
*
([WHULRU
6HFFLyQHQ

PP
PP
*
*
GHOFRQGXFWRU
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8

SDUDODDSOLFDFLyQ
0yYLO
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR

&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ([WHULRU

PP
PP
*

.J.P

g/)/(;/,)7
5
IM
AT
&DEOHGHFRQWUROSDUDHOHYDGRUHVFRQVRSRUWHGHDUDPLG
$SOLFDFLyQ
(O&DEOHg/)/(;/,)7HVXQDFDEOH6WDQGDUGSDUD
HOHYDGRUHV'HELGRDVXHVSHFLDOGLVHxRFRPELQD
XQDODUJDYLGDRSHUDFLRQDOFRQXQDWUDFWLYRSUHFLR\
FRQ HOOR PD[LPL]D OD RSHUDFLyQ (VWH FDEOH H[WUD
IOH[LEOH\UREXVWRKDVLGRRSWLPL]DGR\SHUPLWHXQD
PHMRU UHVLVWHQFLD DO IUtR HVWR SHUPLWH HO XVR EDMR
FRQGLFLRQHVDPELHQWDOHVH[WUHPDV
5
ES
&RQVWUXFFLyQ
&RQGXFWRUHV ILQRV FRQ DLVODPLHQWR LQGLYLGXDO FRQ
FRPSRQHQWHV GH 39& FRQGXFWRUHV WUHQ]DGRV \
HOHPHQWRV GH VRSRUWDFLyQ WLSR PDOOD GH DUDPLG
UHWDUGDQWHDODOODPDFXELHUWDH[WHULRUQHJUD5$/

&yGLJR

9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
!*[FP
&KDVWD&
*
([WHULRU
6HFFLyQHQ

PP
PP
*
*
*
0D[VXVSPW
*
*
*
*
*

GHOFRQGXFWRU
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
6HFFLyQ

SDUDODDSOLFDFLyQ
0yYLO
&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
9HUGHDPDULOOR
.J.P
&yGLJR

6HFFLyQHQ
([WHULRU

PP
PP
*
*

.J.P

g/)/(;/,)76
5
IM
AT
&DEOHGHFRQWUROSDUDHOHYDGRUFRQVRSRUWHGHDFHUR
$SOLFDFLyQ
(O &DEOH g/)/(; /,)7 6 HV XQD FDEOH SDUD

HOHYDGRUHVHOFXDOHVWiGLVHxDGRSDUDWUDPRVODUJRV
GHVXVSHQVLyQJUDFLDVDVXHOHPHQWRVRSRUWDQWHGH
DFHUR ([SHULHQFLDV SUiFWLFDV \ WHVWV GH ODUJD
GXUDFLyQPXHVWUDQTXHg/)/(; /,)76VRSRUWD
VWUHVVH[WUHPRV
5
ES
&RQVWUXFLyQ
&RQGXFWRUHV ILQRV FRQ DLVODPLHQWR LQGLYLGXDO FRQ
FRPSRQHQWHV HVSHFLDOHV GH 39& FRQGXFWRUHV
WUHQ]DGRV\HOHPHQWRVGHVRSRUWDFLyQGHDODPEUHV
GH DFHUR EDQGD WH[WLO HVSHFLDO WHMLGD HQWUH
FRQGXFWRUHV \ FXELHUWD FXELHUWD H[WHULRU GH
FRPSRQHQWHV IOH[LEOHV GH 39& UHVLVWHQWHV D ODV
EDMDV WHPSHUDWXUDV \ FRQGLFLRQHV DPELHQWDOHV
H[WUHPDV UHWDUGDQWH D OD OODPD FXELHUWD H[WHULRU
QHJUD5$/
&yGLJR

9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
!*[FP
&KDVWD&
*
([WHULRU
6HFFLyQHQ

PP
PP
*
0D[VXVSPW
*
*

GHOFRQGXFWRU
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
6HFFLyQ

SDUDODDSOLFDFLyQ
0yYLO
&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
9HUGHDPDULOOR
.J.P
&yGLJR

6HFFLyQHQ
([WHULRU

PP
PP
*

.J.P

g/)/(;6SLUDO3
5
g/)/(;6SLUDO33ROLXUHWDQR
5HYHVWLPLHQWRH[WHULRUDPDULOOR
IM
AT
$SOLFDFLyQ
/RVFDEOHVg/)/(; 6SLUDO3WLHQHQXQDDOWD
HVWDELOLGDGTXtPLFD\SRVHHQEXHQDVSURSLHGDGHV
PHFiQLFDV $Vt VH DOFDQ]D XQD VHJXULGDG TXH
SHUPLWH OD DSOLFDFLyQ HQ HVSDFLRV K~PHGRV R D OD
LQWHPSHULH 6H DSOLFDQ HVSHFLDOPHQWH HQ OXJDUHV
GRQGH ORV FDEOHV HVWiQ H[SXHVWRV D JUDQGHV
GHVJDVWHV \ PRYLPLHQWR EDMR FRQGLFLRQHV GH
RSHUDFLyQH[WUHPDGDPHQWHGXUDV
'DWRV7pFQLFRV
ES
&yGLJR
9
9
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
6HFFLyQ
HQPP
[
[
[
[
*
*
*
*
*

7HQVLyQQRPLQDO8R8
PP
PP
!*[FP
&KDVWD&
GHOFRQGXFWRU
*
;
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
WUHQ]DGR
+LORILQRVHJ~Q,(&
FODVH
/RQJLWXG
H[WHQGLGDPP
/RQJLWXG
FHUUDGDPP

&RORUHVGHDFXHUGRD
9'(
'LiPHWUR
GHOFDEOHPP

'LiPHWURH[W
GHHVSLUDOPP

g/)/(;6SLUDO3
&yGLJR
6HFFLyQ
HQPP
IM
AT
/RQJLWXG
H[WHQGLGDPP
/RQJLWXG
FHUUDGDPP

'LiPHWUR
GHOFDEOHPP
'LiPHWURH[W
GHHVSLUDOPP
*
*
*
*
*
*
*

[
[
[
[
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*

[
[
[
[
*
*
*
*
*
*
*
*
*
*
*
*

*
*
*
*
*
*
*
*

ES

81,7521,&6SLUDOGDWD
5
81,7521,&/L<'<
5HYHVWLPLHQWRH[WHULRUQHJUR
IM
AT
$SOLFDFLyQ
63,5(; &DEOH(VSLUDO'DWDHVXWLOL]DGRGRQGHVH
UHTXLHUHQ FDEOHV DSDQWDOODGRV GH SHTXHxDV
GLPHQVLRQHVSRUHMHPSORHQPHGLFLyQ\FRQWURO/D
WUDQVPLVLyQ HV QRUPDOPHQWH DIHFWDGD SRU
LQWHUIHUHQFLDVGHDOWDIUHFXHQFLDVLQHPEDUJRHVWH
FDEOH WLHQH XQD SDQWDOOD TXH OR SURWHJH GH ODV
LQWHUIHUHQFLDV\DVHJXUDODWUDVPLVLyQGHSXOVRV(V
IDEULFDGR FRQ FRQGXFWRUHV GH FREUH ILQR FRQ
DLVODPLHQWR GH 39& \ FXELHUWD H[WHULRU GH
SROLXUHWDQRH[WUDIOH[LEOH6HH[WLHQGHKDVWDFXDWUR
YHFHV VX ODUJR &RORUHV GH DFXHUGR D ',1
FXELHUWDH[WHULRUQHJUD
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
9
9
!*[FP
ES
0DUJHQGHWHPSHUDWXUD
&KDVWD&
WUHQ]DGR
+LORILQRVHJ~Q,(&
FODVH
6HFFLyQ

HQPP
/RQJLWXG
H[WHQGLGDPP

[
[
[
[
[

[
[
[
[
[

[
[
[
[
[

[
[

&yGLJR
/RQJLWXG
FHUUDGDPP

'LiPHWUR
GHOFDEOHPP
'LiPHWURH[W
GHHVSLUDOPP
5(<6W<3,0))/
IM
AT
3DUHVDSDQWDOODGRVSRU3DU\7RWDODLVODPLHQWR3(
5(<67<
$SOLFDFLyQ
&DEOH GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

VHxDOHV DQDOyJLFDV \ GLJLWDOHV HQ VLVWHPDV GH
LQVWUXPHQWDFLyQ\FRQWURO3XHGHVHUXWLOL]DGRSDUD
LQVWDODFLRQHV HQ iUHDV FRQ ULHVJR GH H[SORVLyQ
=RQD\=RQDJUXSR,,,(&SDUWSDUDXVR
LQWHULRU \ H[WHULRU R GLUHFWDPHQWH HQWHUUDGRV ODV
SDQWDOODV 6W SURWHJHQ ORV SDUHV FRQWUD ODV
LQWHUIHUHQFLDVHOHFWURHVWiWLFDH[WHULRUHV
(VWRV FDEOHV GH LQVWUXPHQWDFLyQ VRQ DSURSLDGRV
SDUDLQVWDODFLRQHVILMDVHQOXJDUHVK~PHGRV\VHFRV
3DUHVQHJUREODQFR
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
SDUDODDSOLFDFLyQ
9
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
9
9
PP
0[.P
ES
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
[GLiPHWURGHFDEOH

5HVLVWHQFLDGHFRQGXFWRU
PP.P
PP.P
PP.P
,QGXFWDQFLDPD[
&DSDFLWDQFLD0XWXD
PD[$+]
PPQ).P
&KDVWD&
&KDVWD&
&KDTXHWD1HJUD
&yGLJR
6HFFLyQHQ([WHULRU

PP
PP
.J.P
[[
[[
[[
[[
[[
[[

1
1
1
1
1
1
1
[[
[[
[[
[[
[[
[[
[[

1
1
1
1
1
1
PPX+
PPX+
&KDTXHWD$]XO
&yGLJR
([WHULRU
6HFFLyQHQ

PP
PP
.J.P
$
$
$
$
[[
[[
[[
[[

$
$
$
$
$
$
[[
[[
[[
[[
[[
[[

$
$
$
$
$
$
$
[[
[[
[[
[[
[[
[[
[[

$
[[

5(<6W<7,0))/
IM
AT
7UtRVDSDQWDOODGRVSRU7UtRV\7RWDODLVODPLHQWR3(
$SOLFDFLyQ

VHxDOHV DQDOyJLFDV \ GLJLWDOHV HQ VLVWHPDV GH
LQVWUXPHQWDFLyQ\FRQWURO3XHGHVHUXWLOL]DGRSDUD
LQVWDODFLRQHV HQ iUHDV FRQ ULHVJR GH H[SORVLyQ
LQWHULRU \ H[WHULRU R GLUHFWDPHQWH HQWHUUDGRV ODV
SDQWDOODV6WSURWHJHQORV7UtRVDSDQWDOODGRVFRQWUD
ODVLQWHUIHUHQFLDVHOHFWURHVWiWLFDVH[WHULRUHV
3RUWUtRV\WRWDO
7UtRVQHJURURMREODQFR
SDUDODDSOLFDFLyQ
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
[GLiPHWURGHFDEOH

PP.P
PP.P
9
9
PP
0[.P
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
,QGXFWDQFLDPD[
&DSDFLWDQFLD0XWXD
PD[$+]
&KDTXHWD1HJUD
&yGLJR
6HFFLyQHQ([WHULRU

PP
PP
PPX+
PPX+
PPQ).P
&KDTXHWD$]XO
.J.P
&yGLJR
([WHULRU
6HFFLyQHQ

PP
PP
.J.P
[[
[[
[[
[[
[[

$
$
$
$
$
[[
[[
[[
[[
[[

1
1
1
1
1
[[
[[
[[
[[
[[

$
$
$
$
$
[[
[[
[[
[[
[[

$
[[

1
1
1
1
1

5(<6W<6:$<)/
IM
AT
3DU\7UtRDUPDGR\DSDQWDOODGRDLVODPLHQWR3(
$SOLFDFLyQ

VHxDOHVDQDOyJLFDV\GLJLWDOHVSDUHVWUHQ]DGRVSDUD
LQVWUXPHQWDFLyQ \ FRQWURO 3XHGHQ VHU XWLOL]DGRV
SDUDLQVWDODFLRQHVHQiUHDVFRQULHVJRGHH[SORVLyQ
,QWHULRU \ H[WHULRU GLUHFWDPHQWH HQ OD WLHUUD /D
SDQWDOOD 6W SURWHJH FRQWUD ODV LQWHUIHUHQFLDV
HOHFWURHVWiWLFDVH[WHULRUHV
SDUD LQVWDODFLRQHV ILMDV HQ OXJDUHV K~PHGRV \
VHFRV
3DUHVQHJUREODQFR
ES
$UPDGXUDWLSR6:$
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
9
9
0[.P
0DUJHQGHWHPSHUDWXUD
D
(
(
6HFFLyQHQ
PP
'LiPHWUR
([WHULRU
PP
.J.P
[[
[[

[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
.P
P+NP
,QGXFWDQFLDPD[
&KDVWD&
&DSDFLWDQFLD0XWXD
PD[$+]
&KDTXHWDQHJUD
&yGLJR
SDUDODDSOLFDFLyQ
0yYLO
)LMD
9
Q).P
&KDTXHWDD]XO
&yGLJR
6HFFLyQHQ
PP

'
'

[[
[[
'LiPHWUR
([WHULRU
PP

.J.P

5(<6W<6:$<3,0))/
IM
AT
3DUHVDUPDGRV\DSDQWDOODGRVSRU3DUHV\7RWDODLVODPLHQWR3(
$SOLFDFLyQ

VHxDOHVDQDOyJLFDV\GLJLWDOHVSDUHVWUHQ]DGRVSDUD
LQVWUXPHQWDFLyQ \ FRQWURO 3XHGHQ VHU XWLOL]DGRV
SDUDLQVWDODFLRQHVHQiUHDVFRQULHVJRGHH[SORVLyQ
,QWHULRU \ H[WHULRU GLUHFWDPHQWH HQ OD WLHUUD /D
SDQWDOOD 6W SURWHJH FRQWUD ODV LQWHUIHUHQFLDV
SDUD LQVWDODFLRQHV ILMDV HQ OXJDUHV K~PHGRV \
VHFRV
3DUHVQHJUREODQFR
ES
$UPDGXUDWLSR6:$
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
SDUDODDSOLFDFLyQ
0yYLO
)LMD
9
7HQVLyQGH3UXHED
&DEOH&DEOH
&DEOH3DQWDOOD
9
9
PP
0[.P
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
&KDVWD&
&KDVWD&
PP.P
PP.P
PPX+
PPX+
,QGXFWDQFLDPD[
&DSDFLWDQFLD0XWXD
PD[$+]
&KDTXHWDQHJUD
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
PPQ).P
&KDTXHWDD]XO
6HFFLyQHQ
PP
'LiPHWUR
([WHULRU
PP
.J.P
(
(
(
[[
[[
[[

'
'
'
[[
[[
[[

(
(
[[
[[

'
'
[[
[[

&yGLJR
&yGLJR
6HFFLyQHQ
PP

'LiPHWUR
([WHULRU
PP
.J.P
5(<6W<3,0))/
3DUHVFRQDSDQWDOODPLHQWRLQGLYLGXDO\7RWDOPP $:*

\PP $:*DLVODPLHQWRGH39&
IM
AT
$SOLFDFLyQ
3DUHV GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

VHxDOHV DQDOyJLFDV \ GLJLWDOHV SDUD VLVWHPDV GH
LQVWUXPHQWDFLyQ \ FRQWURO (O DSDQWDOODPLHQWR 6W
SURWHJH D ORV SDUHV FRQWUD ODV LQWHUIHUHQFLDV
,QWHULRU\H[WHULRU
$SDQWDOODPLHQWRSRUSDU\WRWDO
3DUHVQHJUREODQFR
3DVRGHWRUVLyQPP
3DQWDOODSROLHVWHUDOXPLQLR
'UHQDMHPP[PP
9FODVH
ES
6HFFLyQPP$:*
PP$:*
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0DWHULDOGHDLVODPLHQWR
0DWHULDOFXELHUWD
9
5DGLRGHIOH[LyQPtQLPR [GLiPHWURGHFDEOH
SDUDODDSOLFDFLyQ
9$&[PLQ
5HVLVWHQFLDGHDLVODPLHQWR PP0[.P
PP0[.P
,QGXFWDQFLDPD[
PPP+NP
PPP+NP
&KDTXHWDQHJUD
&yGLJR
6HFFLyQHQ
PP
0$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
PP.P
PP.P
PPQ).P
PPQ).P
&DSDFLWDQFLD0XWXD
PD[$+]
&KDTXHWDQHJUD
'LiPHWUR .J.P
([WHULRU
PP

39&(&
39&67&

&yGLJR
6HFFLyQHQ
PP

0$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
,7$)5
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
'LiPHWUR .J.P
([WHULRU
PP

5(<6W<3,0))/
3DUHV\WUtRVFRQDSDQWDOODPLHQWRLQGLYLGXDO\7RWDOPP
DLVODPLHQWRGH39&
IM
AT

$SOLFDFLyQ
3DUHV\WUtRVGHLQVWUXPHQWDFLyQSDUDWUDQVPLVLyQGH
SURWHJH D ORV SDUHV FRQWUD ODV LQWHUIHUHQFLDV
,QWHULRU\H[WHULRU
$SDQWDOODPLHQWRSRUSDU\WRWDO
3DUHVQHJUREODQFR
3DVRGHWRUVLyQPP
'UHQDMHPP[PP
9FODVH
ES
6HFFLyQPP$:*
PP$:*
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
9
9$&[PLQ
,QGXFWDQFLDPD[
PPP+NP
&KDTXHWDQHJUD
&yGLJR
6HFFLyQHQ
PP
0$)5
,7$)5
,7$)5
[[
[[
[[
39&(&
39&67&
5DGLRGHIOH[LyQPtQLPR [GLiPHWURGHFDEOH
SDUDODDSOLFDFLyQ
PP.P
&DSDFLWDQFLD0XWXD
PD[$+]
PPQ).P
&KDTXHWDQHJUD
'LiPHWUR .J.P
([WHULRU
PP

0DUJHQGHWHPSHUDWXUD
0DWHULDOFXELHUWD

&yGLJR
6HFFLyQHQ
PP
'LiPHWUR
([WHULRU
PP
[[

0$)5
.J.P

5(<6W<7,0))/
IM
AT
7UtRVFRQDSDQWDOODPLHQWRLQGLYLGXDO\7RWDODLVODPLHQWRGH39&
5(<+67<+
$SOLFDFLyQ
7UtRV GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

SURWHJH D ORV WUtRV FRQWUD ODV LQWHUIHUHQFLDV
,QWHULRU\H[WHULRU
$SDQWDOODPLHQWRSRUWUtRV\WRWDO
3DVRGHWRUVLyQPP
'UHQDMHPP[PP
9FODVH
ES
6HFFLyQPP$:*
PP$:*
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0DWHULDOFXELHUWD
9
SDUDODDSOLFDFLyQ
9$&[PLQ
PP0[.P
,QGXFWDQFLDPD[
PPP+NP
PPP+NP
&KDTXHWDQHJUD
&yGLJR
0$)5
,7$)5
,7$)5
,7$)5
,7$)5
6HFFLyQHQ
PP

[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
[GLiPHWURGHFDEOH
PP.P
PP.P
&DSDFLWDQFLD0XWXD
PD[$+]
PPQ).P
PPQ).P
&KDTXHWDQHJUD
'LiPHWUR .J.P
([WHULRU
PP

39&(&
39&67&

&yGLJR
6HFFLyQHQ
PP

0$)5
,7$)5
,7$)5
,7$)5
,7$)5
[[$:*
[[$:*
[[$:*
[[$:*
[[$:*
'LiPHWUR
([WHULRU
PP

.J.P

5(3(6W+3,0))/
IM
AT
3DUHV\WUtRVGH,QVWUXPHQWDFLyQOLEUHVGHKDOyJHQRV

FRQDSDQWDOODPLHQWRLQGLYLGXDO\7RWDOPP $:*

\PP $:*
$SOLFDFLyQ
3DUHV\WUtRVGHLQVWUXPHQWDFLyQOLEUHVGHKDOyJHQRV
SDUDWUDQVPLVLyQGHVHxDOHVDQDOyJLFDV\GLJLWDOHV
SDUD VLVWHPDV GH LQVWUXPHQWDFLyQ \ FRQWURO (O
DSDQWDOODPLHQWR 6W SURWHJH D ORV SDUHV \ WUtRV
FRQWUDODVLQWHUIHUHQFLDVHOHFWURHVWiWLFDVH[WHULRUHV
,QWHULRU\H[WHULRU
$SDQWDOODPLHQWRSRUWUtRV\WRWDO
3DUHVQHJUREODQFR
3DVRGHWRUVLyQPP
'UHQDMHPP[PP
9FODVH
ES
6HFFLyQPP$:*

PP $:*
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0DWHULDOFXELHUWD
9
SDUDODDSOLFDFLyQ
9$&[PLQ
PP0[.P
,QGXFWDQFLDPD[
PPP+NP
&KDTXHWDQHJUD
&yGLJR
6HFFLyQHQ
PP

/+)5
[[$:*
/+)5
[[$:*
/+)5
[[$:*
/+)5
[[$:*
/+)5
[[$:*
/+)5 [[$:*
&DSDFLWDQFLD0XWXD
PD[$+]
[GLiPHWURGHFDEOH
PP.P
PP.P
PPQ).P
&KDTXHWDQHJUD
'LiPHWUR .J.P
([WHULRU
PP

3(&
/6=+&

&yGLJR
6HFFLyQHQ
PP

/+)5
/+)5
/+)5
[[$:*
[[$:*
[[$:*
'LiPHWUR
([WHULRU
PP

.J.P

IM
AT
&DEOHVSDUD$XWRPDWL]DFLyQ
\7UDQVPLVLyQGHGDWRV
ES
81,7521,&%863%
5
IM
AT
3DUD,QVWDODFLRQHVILMDV
352),%86'3)06),32KPLRV
&RQVWUXFFLyQ FDEOH 81,7521,& %86

/),3
0RQRSRODU FRQGXFWRUHV GH FREUH EULOODQWH
GRV FRQGXFWRUHV WZLVWHDGRV FRORU URMR \
YHUGH SDQWDOOD GH DOXPLQLR \ WUHQ]DGR GH
FREUH EULOODQWH FXELHUWD H[WHULRU PH]FOD GH
39&UHWDUGDQWHDODOODPDVHJ~Q9'(
SDUWHWLSRGHSUXHED%,(&FRORU
GHODFXELHUWDYLROHWD5$/
5
81,7521,&%863%3%$
DSUREDFLyQ&0;
5
81,7521,&%863%+:
/,%5('(+$/*(126
KLORVFODVH
5
ES
&21(&725(6352),%86
:$*2
&yGLJR
/$33
&yGLJR
7LSR
7LSR

&RQHFWRUILQDO3URILEXV

&RQHFWRUILQDO3URILEXV

&RQHFWRUGHGHULYDFLyQ3URILEXV

&RQHFWRUGHGHULYDFLyQ3URILEXV
0DUJHQGHWHPSHUDWXUD
&KDVWD&
6HFFLyQ
PP
81,7521,&%863%
81,7521,&%863%$
81,7521,&%863%+:/LEUHGHKDOyJHQRV
[[
[[
[[

,PSHGDQFLD
2KP
7LSR
&yGLJR

&DSDFLWDQFLD
PXWXDD+]
PD[Q).P
([WHULRU
PP

.J.P

81,7521,&%863$
5
IM
AT
352),%863$SDUDSURFHVRGHDXWRPDWL]DFLyQ
HQLQVWDODFLRQHVILMDV
352),%863$2KPLRV
$SOLFDFLyQ
352),%86 3$ KD GHVDUUROODGR XQ
SURFHVR HVSHFLDO GH LQJHQLHUtD
DXWRPDWL]DGR SDUD FRQHFWDU VHQVRUHV \
DFWXDGRUHVDXQHQiUHDVFODVLILFDGDVFRQ
ULHVJR GH H[SORVLyQ FRQ XQ FDEOH EXV
FRP~Q FRPXQLFDFLyQ GH GDWRV \
VXPLQLVWURGHHQHUJtDDORHTXLSRV
3$ 3URFHVRDXWRPDWL]DGR
/$33.$%(/HVPLHPEURGH352),%86
312 RUJDQL]DFLyQ GH XVXDULRV
352),%86
&RQVWUXFFLyQ
81,7521,&%863$
7UHQ]DGR GH DODPEUH ILQR GH FREUH
GHVQXGR FRQGXFWRUHV GH FRORUHV URMR \
YHUGH WUHQ]DGR SRU FDSD HQYROWXUD GH
SOiVWLFR ODPLQDGR DSDQWDOODGR GH PDOOD
GHFREUHFXELHUWDH[WHULRUGH39&
FRORU GH OD FXELHUWD H[WHULRU D]XO SDUD
VHJXULGDGLQWUtQVHFD\QHJURSDUDiUHDV
VHJXUDVUHWDUGDQWHDODOODPDVHJ~Q,(&

5
81,7521,&%863$
&DEOHFRQFXELHUWDH[WHULRUGH39&HQFRORUD]XOSDUDiUHDVGHVHJXULGDG
LQWUtQVHFD
ES
0DUJHQGHWHPSHUDWXUD
&KDVWD&
7LSR
&yGLJR

&DSDFLWDQFLD
PXWXDD+]
PD[Q).P
2KP
6HFFLyQ
PP

[[
[[
81,7521,&%863$D]XO
81,7521,&%863$QHJUR
5

,PSHGDQFLD
([WHULRU
PP

.J.P

81,7521,&(7+(5/,1(
IM
AT
81,7521,&(7+(5/,1(3&$7
&RPR81,7521,&(7+(5/,1(+SHUR
FRQFXELHUWDGHSROLXUHWDQRUHVLVWHQWH
DODOODPDVHJ~Q9'(,(&
FRORU GH OD FXELHUWD D]XO DJXD 5$/

5
81,7521,&(7+(5/,1(++&$7
&RPR81,7521,&(7+(5/,1(+SHUR
FRQGREOHFXELHUWDGRVFXELHUWDVFRQ
FRPSRQHQWHVOLEUHVGHKDOyJHQRV
UHVLVWHQWHDODOODPDVHJ~Q9'(
,(& FRORU GH OD FXELHUWD D]XO
DJXD5$/
5
81,7521,&(7+(5/,1(+)/(;
&$7
(7+(5/,1(+FODVHSDUD
DSOLFDFLRQHVHQPRYLPLHQWR
1RUHFRPHQGDEOHSDUDFDGHQDV
FXELHUWD H[WHULRU OLEUH GH KDOyJHQRV
UHVLVWHQWHDODOODPDVHJ~Q
9'( ,(& FRORU GH OD
FXELHUWDD]XODJXD5$/
5
$3/,&$&,1
7&3 3URWRFRORGHWUDQVPLVLyQ
,3 3URWRFRORGH,QWHUQHW
0ELWVV
0ELWVV
0ELWVV*ELWVV
ES
(7+(51(7
)$67(7+(51(7
*,*$(7+(51(7
&216758&&,21'(/&$%/(81,7521,&(7+(5/,1(+&$7
&RQGXFWRUVyOLGRGHFREUHEULOODQWHFRQUHFXEULPLHQWR3(FRQGXFWRUHV
SDUHDGRVWZLVWHDGRVPDOODGHFREUHWUHQ]DGD\SDQWDOODGHDOXPLQLR
FXELHUWDH[WHULRUFRPSXHVWDOLEUHGHKDOyJHQRUHWDUGDQWHDODOODPDVHJ~Q
9'(SDUWH,(&FRORUGHODFXELHUWDD]XODJXD5$/

5
6HFFLyQ
PP
7LSR
&yGLJR
81,7521,& (7+(5/,1(3 )/(;

&$7
&RPR 81,7521,& (7+(5/,1( +
FODVHSHURFRQFXELHUWDGHSROLXUHWDQR
UHVLVWHQWH D OD OODPD VHJ~Q 9'(
,(& FRORU GH OD FXELHUWD D]XO
DJXD5$/
([WHULRU
PP
.J.P
3DUDDSOLFDFLRQHVHVWDFLRQDULDVFRQGXFWRUVyOLGR

81,7521,&(WKHU/LQH+&$7H
81,7521,&(WKHU/LQH3&$7H
[[$:*
[[$:*

81,7521,&(WKHU/LQH+&$7H
81,7521,&(WKHU/LQH++&$7H
81,7521,&(WKHU/LQH3&$7H
[[$:*
[[$:*
[[$:*

3DUDDSOLFDFLRQHVPyYLOHVFRQGXFWRUIOH[LEOH

81,7521,&(WKHU/LQH+)/(;&$7
81,7521,&(WKHU/LQH3)/(;&$7
[[$:*
[[$:*

81,7521,&(WKHU/LQH+)/(;&$7
81,7521,&(WKHU/LQH3)/(;&$7
[[$:*
[[$:*

81,7521,&'HYLFH1HW7KLFN7KLQ
IM
AT
81,7521,&%86'(9,&(1(7'523
&$%/(
3DUHV GH GDWRV FRQGXFWRUHV GH FREUH
E U L O O D Q W H $: * P P
FRQGXFWRU 3( DLVODGR KLORV WZLVWHDGRV
SRU SDU FyGLJR FRORUHV FRQGXFWRU
FHOHVWHEODQFR
5
+LORV GH DOLPHQWDFLyQ FRQGXFWRU

$:* PP GH FREUH EULOODQWH
KLORV WZLVWHDGR SRU SDU FyGLJR FRORUHV
FRQGXFWRUHVURMR\QHJUR
3DQWDOODSDUHVFRQSDQWDOODODPLQDGR
GH DOXPLQLR FRQ FRQGXFWRU GUHQDMH
$:* 3DQWDOOD WRWDO GH DODPEUHV GH
FREUHJDOYDQL]DGR
&XELHUWD H[WHULRU FXELHUWD H[WHULRU
PH]FOD GH 39& UHVLVWHQWH D OD OODPD
VHJ~Q,(&WLSRGHSUXHED&
ES
&RORUGHODFXELHUWDYLROHWD5$/
&$%/('(9,&(1(73$5$$3/,&$&,1),-$
'HYLFH1HWHVXQVLVWHPDGHEXVGHVDUUROODGRSRU$OODQ%UDGOH\5RFNZHOO
$XWRPDWLRQ&RQHFWDHTXLSRVLQGXVWULDOHVWDOHVFRPRVZLWFKHV
)RWRHOpFWULFRVYDULDGRUHVGHIUHFXHQFLDSDUWLGRUHVGHPRWRUHVYiOYXODV
3/&(OOLQNGHFRPXQLFDFLyQGH'HYLFH1HWHVWiEDVDGRHQODWHFQRORJtD
&$1FRQWUROOHUDUHDQHWZRUN

81,7521,&%86'HYLFH1HW7UXQNFDEOH
3DUHVGHGDWDFRQGXFWRUHVGHFREUHEULOODQWH$:*PPFRQGXFWRU
3(DLVODGRKLORVWZLVWHDGRSRUSDUFyGLJRFRORUHVFRQGXFWRUFHOHVWHEODQFR
$SUREDFLRQHV8/&6$
+LORVGHDOLPHQWDFLyQFRQGXFWRU$:*PPGHFREUHEULOODQWH

KLORVWZLVWHDGRSRUSDUFyGLJRFRORUHVFRQGXFWRUHVURMR\QHJUR
0DUJHQGHWHPSHUDWXUD
&yGLJR
&&)LMD
&&0yYLO
&DSDFLWDQFLD
PXWXDD+]
PD[Q).P

6HFFLyQ
$:*
7LSR
,PSHGDQFLD
2KP
([WHULRU .J.P
PP

81,7521,&%86'17+,&.)51&
[[$:*[[$:*

81,7521,&%86'17+,1)51&
[[$:*[[$:*

81,7521,&%86'17+,&.<
[[$:*[[$:*

81,7521,&%86'17+,1<
[[$:*[[$:*

81,7521,&%86))
5
IM
AT
&DEOHSDUD)LHOGEXV)281'$7,21
SDUDDSOLFDFLRQHVHVWDFLRQDULDV
$SOLFDFLyQ
&DEOHHVSHFLDOSDUDiUHDVLQGXVWULDOHV\
DSOLFDFLRQHVFRQVHJXULGDGLQWUtQVHFDHQ
ODDXWRPDWL]DFLyQGHSURFHVRV
(VWHFDEOHFXPSOHFRQORVUHTXHULPLHQWRV
GH,6$63\)281'$7,21)LHOGEXV
SDUDFDEOHVWLSR$7RGRVORVFDEOHVHVWiQ
QRUPDOL]DGRV SDUD & \ VRQ
UHVLVWHQWHVDODOX]VRODU
'DWRV7pFQLFRV
ES
7HQVLyQGHWUDEDMRSLFR
7HQVLyQGH3UXHED
9
&KDVWD&

81,7521,&%86))8/&6$&0*
81,7521,&%86))$50<(8/&6$&0*
81,7521,&%86))$50%/8/&6$&0*

)%<66W&H<IO&RORUQDUDQMD.(53(1

.P
DN+]
,PSHGDQFLD
6HFFLyQ
PP
7LSR
[GLiPHWURGHFDEOH
9
0DUJHQGHWHPSHUDWXUD
&yGLJR
',1 $SUREDFLyQ
9'( 8/&6$&0*
([WHULRU
PP
.J.P
[[
[[[
[[[

[[$:*

81,7521,&%86$6,
5
IM
AT
3DUDFRPXQLFDFLyQGHDFWXDGRUHV\VHQVRUHV
$SOLFDFLRQHVHVWDFLRQDULDV
$SOLFDFLyQ
&DEOHSDUDVLVWHPDVGHFRPXQLFDFLyQGH
EDMRQLYHODFWXDGRUHVVHQVRUHVELQDULRV
SDUD OD LQGXVWULD DXWRPRWUL] FHQWUR GH
SURFHVRHQYDVDGR/DGDWD\ODHQHUJtD
VHWUDQVPLWHHQWUHODXQLGDGGHFRQWURO\OD
SHULIHULD YtD FDEOH SODQR VLQ SDQWDOOD GH
KLORVFRGLILFDGRVSRORVHJXUR
&RQVWUXFFLyQ
&RQGXFWRU HVWiQGDU WUHQ]DGR GH
PP DLVODGR \ FRORUHDGRV D]XO \ FDIp
FXELHUWDH[WHULRUGH(3'0JRPDHOiVWLFD
385 SROLXUHWDQR FXELHUWD FRORU DPDULOOR
5$/\QHJUR5$/
'DWRV7pFQLFRV
ES
',1 $SUREDFLyQ
9'( 8/&6$&0*
7HQVLyQGHWUDEDMRSLFR
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
&yGLJR

9
9
5DGLRGHFXUYDWXUDPtQLPD
LQVWDODFLyQILMD
LQVWDODFLyQPyYLO
PP
PP
.P
&&(VWiWLFR
&&0yYLO
7LSR
6HFFLyQ
PP
&RORU
[
[
[
[
$PDULOOR
1HJUR
$PDULOOR
1HJUR
81,7521,&%86$6,*(3'0
81,7521,&%86$6,*(3'0
81,7521,&%86$6,385
81,7521,&%86$6,385
5

.J.P

81,7521,&/$10K]&$7e
5
IM
AT
&DEOHV/$1SDUDVLVWHPDV
GHFDEOHDGRHVWUXFWXUDGR
0+]
ES
$SOLFDFLyQ
/RVFDEOHV/$1&$7GH/$33.$%(/
SDUD VLVWHPD GH FDEOHDGR HVWUXFWXUDGR
VDWLVIDFHQ ODV H[LJHQFLDV GH (,$7,$
(VWRV VH DSOLFDQ SULQFLSDOPHQWH
GRQGH HV PX\ DOWD OD GHQVLGDG GH
DSDUDWRV WHUPLQDOHV S HM SDUD HO
FDEOHDGR GH HGLILFLRV GH RILFLQDV
DGPLQLVWUDFLyQ \ GHVDUUROOR FDPSR
SULPDULR FDEOHDGR GH WHUUHQR FDPSR
VHFXQGDULR FDPSR GH DVFHQVR \
FDPSRWHUFLDULRFDEOHDGRGHSLVRV
/DUHVLVWHQFLDGHRQGDVLPSHGDQFLDGH
HVWRVFDEOHVDVFLHQGHD
/RV FDEOHV /$1 VH KDQ HVSHFLILFDGR
KDVWD0K]
&yGLJR

7LSR
'DWRVGHHVWUXFWXUD
8736
8QVKLHOGHG 7ZLVWHG 3DLU6FUHHQHG
SDUHVFRQDSDQWDOODGRFRP~QGHOiPLQD
GHDOXPLQLR&RQGXFWRUPDFL]R
8736IOH[LEOHSDUDFDEOHVSDWFK
8QVKLHOGHG 7ZLVWHG 3DLU6FUHHQHG
SDUHVFRQDSDQWDOODGRFRP~QGHOiPLQD
GHDOXPLQLR&RQGXFWRUWUHQ]DGR
1~PHURGHFRQGXFWRUHV
\GLPHQVLRQHV
([WHULRU
$SUR[PP
[[$:*
[[$:*
[[$:*

[[$:*

8730K]&$7H
)730K]&$7H
)730K]&$7HIOH[LEOH
.J.P
/LEUHGH+DOyJHQRV+
)73+0K]&$7H

81,7521,&/,<<
5
IM
AT
&DEOHGHGDWRVFRQ
FyGLJRGHFRORU',1
$SOLFDFLyQ
81,7521,&/,<<VRQFDEOHVGHGDWRVORVFXDOHV
VH KDQ GHVDUUROODGR EDMR OD HVSHFLILFDFLyQ 9'(
(VWRV VH DSOLFDQ WDPELpQ FRPR FDEOHV GH
FRQWURO \ VHxDO HQ VLVWHPDV HOHFWUyQLFRV SDUD
LQVWDODFLRQHV GH RUGHQDGRUHV DSDUDWRV
HOHFWUyQLFRVGHFRQWUROPiTXLQDVGHRILFLQDHWF
(OUHYHVWLPLHQWRH[WHULRUHOiVWLFR\UREXVWRUHIXHU]D
HOFDEOH\OHGDIOH[LELOLGDG
&RUGyQGHKLORILQRFRQDLVODPLHQWRHQEDVHD39&
DQWLLQIODPDEOHJULV5$/
'DWRV7pFQLFRV
ES
9
7HQVLyQGH3UXHED
9

WUHQ]DGR
!*[FP
,QGXFWDQFLD
,PSHGDQFLD
$SUR[
&KDVWD&
&DSDFLWDQFLD
FDEOHFDEOH
GHOFRQGXFWRU
',1VLQ
UHSHWLFLyQGHFRORU
SDUDODDSOLFDFLyQ
6HFFLyQHQ
([WHULRU
PP
PP
.J.P
&yGLJR

DSUR[Q).P

[GLiPHWURGHFDEOH
6HFFLyQHQ
([WHULRU
PP
PP
.J.P
[
[
[
[
[
[
[
'HKLORILQR
VpSWXSOHGHPP
$SUR[P+.P
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
&yGLJR
7HQVLyQQRPLQDO8

[
[
[
[
[
[
[

81,7521,&/,<<
5
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP

[
[
[
[
[
[
[
[
[
[
[

.J.P
&yGLJR
6HFFLyQHQ
([WHULRU
PP
PP
.J.P

ES

IM
AT
&DEOHGHGDWRVFRQ
FyGLJRGHFRORU',1

[
[
[
[
[
[
[
[
[

81,7521,&/,<&<
5
IM
AT
&DEOHGHWUDQVPLVLyQGHGDWRVFRQDSDQWDOODPLHQWR
WUHQ]DGRGH&REUH\FyGLJRGHFRORUHV',1
$SOLFDFLyQ
/RV FDEOHV GH GDWRV 81,7521,& /,<&< VRQ XQ

FRPSOHPHQWRDOSURJUDPD81,7521,&&<VLQ
HPEDUJRFRQFyGLJRGHFRORU',1(VWRVFDEOHVGH
GDWRV VH DSOLFDQ HQ ORV VLVWHPDV HOHFWUyQLFRV GH
FRQWURO\UHJXODFLyQPiTXLQDVGHRILFLQDEDODQ]DV\
HQ WRGRV ORV OXJDUHV GRQGH VH QHFHVLWDQ FDEOHV
DSDQWDOODGRVFRQSHTXHxDVGLPHQVLRQHV
&RUGyQGHKLORILQRFRQDLVODPLHQWRGHOFRQGXFWRUHQ
EDVHD39&FRQGXFWRUHVWUHQ]DGRVSRUFDSDVGH
YDULRVFRORUHVVHJ~QFyGLJRGHFRORU',1(QFLQWDGR
FRQ OiPLQD GH SOiVWLFR $SDQWDOODGR WUHQ]DGR GH
DODPEUHVGH&8HVWDxDGRV5HYHVWLPLHQWRH[WHULRU
GH39&UHWDUGDQWHGHODOODPDJULV5$/
5
7HQVLyQQRPLQDO8
9
7HQVLyQGH3UXHED
9
!*[FP
ES
'DWRV7pFQLFRV
&yGLJR
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
&KDVWD&
GHOFRQGXFWRU
',1VLQ
UHSHWLFLyQGHFRORU
6HFFLyQHQ
([WHULRU
PP
PP
.J.P
WUHQ]DGR
,QGXFWDQFLD
,PSHGDQFLD
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[

$SUR[
SDUDODDSOLFDFLyQ
0yYLO
)LMD
DSUR[Q).P
DSUR[ Q).P

[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
6HFFLyQHQ
([WHULRU
PP
PP
.J.P

$SUR[P+.P
&DSDFLWDQFLD
FDEOHFDEOH
FDEOHPDOOD
&yGLJR
'HKLORILQR
VpSWXSOHGHPP

[
[
[
[
[
[
[

[
[
[
[
[
[
[

81,7521,&/,<&<
5
&yGLJR
IM
AT
&DEOHGHWUDQVPLVLyQGHGDWRVFRQDSDQWDOODPLHQWR
WUHQ]DGRGH&REUH\FyGLJRGHFRORUHV',1
6HFFLyQHQ
([WHULRU
PP
PP

[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[

[
[
[
&yGLJR
6HFFLyQHQ
([WHULRU
PP
PP
.J.P

ES

.J.P

[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[

81,7521,&/,<&<73
5
IM
AT
5656([WHULRU!0ELWVHJ
$SOLFDFLyQ
/ R V F D E O H V 8 Q L W U R Q L F / L < & < 7 3 V R Q

HVSHFLDOPHQWHGLVHxDGRVSDUDWUDQVPLVLyQGHGDWRV
HQ VLVWHPDV VREUH 0ELWV SRU VHJXQGR HQ
LQWHUIDVHV WtSLFDV 56 \ 56 XVR LQWHULRU
&RORU5DO
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8
7HQVLyQGH3UXHED
FF
FV
9
9
0DUJHQGHWHPSHUDWXUD
!*[.P
&&(VWiWLFR
&&0yYLO
GHOFRQGXFWRU
',1VLQ
UHSHWLFLyQGHFRORU
9'(
KLORV
WUHQ]DGR
9
,QGXFWDQFLD
$SUR[P+.P
,PSHGDQFLD
$SUR[
&DSDFLWDQFLD
D+]
DSUR[Q).P
SDUDODDSOLFDFLyQ
[GLiPHWURGHFDEOH
81,7521,&/L<&<73
&yGLJR
6HFFLyQHQ([WHULRU
PP
PP
&yGLJR
.J.P
6HFFLyQHQ ([WHULRU
PP
PP
.J.P

[[

[[

[[

[[

[[

[[

81,7521,&/,<&<Y73
5
IM
AT
5656([WHULRU!0ELWVHJ
$SOLFDFLyQ
/L<&<Y73HVWiHVSHFLDOPHQWHGLVHxDGRSDUDHO
FDEOHDGRGHVLVWHPDVGHGDWRVFRQYHORFLGDGHVGH
WUDQVPLVLyQGHKDVWD0HJDELWHVSRUVHJXQGR\
SDUDLQWHUIDFHVGHVHxDO56\8VRLQWHULRU\
H[WHULRURGLUHFWDPHQWHHQWLHUUDHQOXJDUHVVHFRV\
K~PHGRVFKDTXHWDGH39&(VSHFLDO5HWDUGDQWHD
ODOODPD9'(SDUW,(&
ES
&RORU5DO<YFRORU1HJUR

5HVLVWHQFLD2KP.P
<YGLUHFWDPHQWHHQODWLHUUD
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8
7HQVLyQGH3UXHED
FF
FV
9
9
0DUJHQGHWHPSHUDWXUD
!*[.P
&&(VWiWLFR
&&0yYLO
GHOFRQGXFWRU
',1VLQ
UHSHWLFLyQGHFRORU
9'(
KLORV
WUHQ]DGR
9
,QGXFWDQFLD
$SUR[P+.P
,PSHGDQFLD
$SUR[
&DSDFLWDQFLD
D+]
DSUR[Q).P
SDUDODDSOLFDFLyQ
[GLiPHWURGHFDEOH
81,7521,&/L<&<Y7389
&yGLJR
6HFFLyQHQ([WHULRU
PP
PP
.J.P
&yGLJR
6HFFLyQHQ ([WHULRU
PP
PP
.J.P

[[

[[

[[

[[

[[

[[

81,7521,&/,<&<3,0)&<3,'<73
5
IM
AT
&DEOHIOH[LEOHSDUDVHxDOHVGLJLWDOHV\DQiORJDV
FRQDSDQWDOODPLHQWRLQGLYLGXDO\WRWDO
$SOLFDFLyQ
/RV FDEOHV /,<&< 3,0) VRQ DSURSLDGRV SDUD

WUDQVPLVLyQGHVHxDOHVDQDOyJLFDV\GLJLWDOHVSDUD
WRGDV ODV iUHDV GH WHFQRORJtD GH GDWRV
3DUHV GH &REUH FRQ DSDQWDOODPLHQWR GH FLQWD GH
$OXPLQLR \ FDEOH GH GUHQDMH EOLQGDMH JHQHUDO GH
PDOODGH&REUHDODSUR[
/RV FDEOHV &< 3,'< 73 FRQ DSDQWDOODPLHQWR

LQGLYLGXDO SRU SDUHV RIUHFHQ XQD WUDQVPLVLyQ GH
GDWRVWRWDOPHQWHOLEUHDODVLQWHUIHUHQFLDVHOpFWULFDV\
HOHFWURPDJQpWLFDV VRQ DOWDPHQWH XWLOL]DGRV FRPR
FDEOHV GH FRQWURO \ WUDQVPLVLyQ GH GDWRV HQ
RUGHQDGRUHV\HTXLSRVPpGLFRV
)LQRVFRQGXFWRUHVGHFREUHDJUXSDGRVGHDFXHUGRD
OD QRUPDWLYD ',1 9'( FODVH FyGLJR GH
FRORUHV',1
ES
39&5HWDUGDQWHDODOODPD
&RORUJULV5$/
7HQVLyQGH3UXHED
FDEOHFDEOH
FDEOHEOLQGDMH
9
9
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
&KDVWD&
,QGXFWDQFLD
$SUR[P+.P
&DSDFLWDQFLD
+]
$WHQXDFLyQ
SDUDPP
DSUR[Q).P
([WHULRU
6HFFLyQHQ
PP
PP
9
7HQVLyQGH3UXHED
FDEOHFDEOH
FDEOHEOLQGDMH
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
,PSHGDQFLD
,QGXFWDQFLD
9
9
&KDVWD&
$SUR[
$SUR[P+.P
&DSDFLWDQFLD
FDEOHFDEOH
FDEOHPDOOD
.K]PD[G%.P
0K]PD[G%.P
81,7521,&/,<&<3,0)
&yGLJR
7HQVLyQQRPLQDO8
9
'DWRV7pFQLFRV
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8
DSUR[Q).P
DSUR[ Q).P
81,7521,&&<3,'<73
5
.J.P
&yGLJR
6HFFLyQHQ([WHULRU
PP
PP
.J.P

[[
[[
[[
[[

[[
[[
[[
[[

[[
[[
[[

[[
[[
[[

-<67</*
IM
AT
&DEOHSDUDDODUPDGHLQFHQGLR
&KDTXHWDFRORUURMR
$SOLFDFLyQ
(VWH FDEOH VH XWLOL]D SDUD WUDQVPLVLyQ GH VHxDOHV

SDUD VLVWHPDV HVWiWLFRV VREUH R EDMR HVWXFRV
LQWHULRUHV K~PHGRV R VHFRV \ XVR H[WHULRU (VWH
FDEOH HVWi PDUFDGR FRPR FDEOH SDUD DODUPDV GH
LQFHQGLRDLQWHUYDORVUHJXODUHV)LUH$ODUP&DEOH
(VWiHVSHFLDOPHQWHGLVHxDGRSDUDLQVWDODFLRQHVHQ
VLVWHPDVPRGHUQRVGHDODUPDVGHLQFHQGLRV
ES
&RQVWUXFFLyQ
&RQGXFWRU PRQRSRODU UtJLGR FRQ DLVODPLHQWR
LQGLYLGXDOGH39&WUHQ]DGRSRUSDUHVFRQSDQWDOOD
GHDOXPLQLRWRWDOFRQGUHQDMH\FXELHUWDH[WHULRUGH
39&UHWDUGDQWHDODOODPD9'(SDUWH
,(&FRORUURMR5$/
7HQVLyQGH3UXHED
FDEOHFDEOH
FDEOHEOLQGDMH
&yGLJR

WUHQ]DGR
9
9
9
!*[NP
,QGXFWDQFLD
,PSHGDQFLD
0DUJHQGHWHPSHUDWXUD
(VWiWLFR
&KDVWD&
&DSDFLWDQFLD
+]
GHOFRQGXFWRU
',1VLQ
UHSHWLFLyQGHFRORU
$WHQXDFLyQ
SDUDPP
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8
([WHULRU
6HFFLyQHQ
PP
PP
[[
[[
[[

.J.P
&yGLJR
9'(
$SUR[P+.P
$SUR[
DSUR[Q).P

.K]PD[G%.P
0K]PD[G%.P
6HFFLyQHQ([WHULRU
PP
PP
.J.P

[[
[[

IM
AT
&DEOHVSDUD8VR
*HQHUDO
ES
59.
IM
AT
&DEOHGHHQHUJtD\PDQGR
FRQSURWHFFLyQ89
$SOLFDFLyQ
&DEOHV IOH[LEOHV SDUD WUDQVSRUWH \ GLVWULEXFLyQ GH

HQHUJtD (Q LQVWDODFLRQHV ILMDV WDQWR HQ HO LQWHULRU
FRPR HQ HO H[WHULRU WDPELpQ VREUH EDQGHMDV \
FDQDOL]DGRV &RQ DLVODPLHQWR GH SROLHWLOHQR
UHWLFXODGRWLSR;/3(
7HQVLyQQRPLQDO8R8
.9
ES
'DWRV7pFQLFRV
&yGLJRGHFRORUHV
ODLGHQWLILFDFLyQGHORVFRQGXFWRUHVVHUHDOL]DUi
VHJ~QVHHVWDEOHFHHQOD1RUPD81(
&yGLJR
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
6HFFLRQ

PP

*
*
*
59.
59.
59.
59.
59.
59.
59.
59.
59.
59.
*
*
*
*
*
*
*
*
*
*
59.
59.
59.
[
*
[
*
[
*
[GLiPHWURQRPLQDO
5DGLRGHFXUYDWXUD
WUHQ]DGR
&ODVH
&
,QWHQVDGP
5pJSHUPDP
&DEOHDODLUH
D&$
,QWHQVDGP
5pJSHUPDP
&DEOHHQWHUUDGR
D&$
.J.P
5DGLRPLQ
&XUYDWXUD
PP

'LiPHWUR
H[W$SUR[
PP

59.
59.
59.
59.
59.
59.
&yGLJR
*
*
*
*
*
6HFFLRQ

PP

[
[
[
[
[
[
[
[
[
[
[
[
[
.J.P

'LiPHWUR
H[W$SUR[
PP
.J.P

5DGLRPLQ
&XUYDWXUD
PP
,QWHQVDGP
5pJSHUPDP
&DEOHDODLUH
D&$
,QWHQVDGP
5pJSHUPDP
&DEOHHQWHUUDGR
D&$

,QWHQVDGP
5pJSHUPDP
&DEOHDODLUH
D&$
,QWHQVDGP
5pJSHUPDP
&DEOHHQWHUUDGR
D&$

5DGLRPLQ
&XUYDWXUD
PP

0(75,62$
0(','25'($,6/$0,(172
9
2
6
0 6(
(7 1
&$ 5$
0 :$
,/ 7
/( 7
%
$8
3DUDPD\RULQIRUPDFLyQFRQWDFWH
DQXHVWURVUHSUHVHQWDQWHVGHYHQWDV
ES
59.
59.
59.
59.
59.
59.
59.
59.
59.
59.
59.
59.
59.
'LiPHWUR
H[W$SUR[
PP
(5
6HFFLRQ

PP
IM
AT
&yGLJR
*0&,QVWUXPHQWV

&DEOHFRQDUPDGXUD;/3(39&6:$39&.Y
IM
AT
$UPDGXUDWLSR$:$%6PRQRSRODUHV
$UPDGXUDWLSR6:$%6PXOWLSRODUHV
$SOLFDFLyQ
(VWRVFDEOHVVRQDPSOLDPHQWHXWLOL]DGRVFXDQGRVH
UHTXLHUHSURWHFFLyQPHFiQLFD\SURWHFFLyQHQiUHDV
FODVLILFDGDV FRQ ULHJR GH H[SORVLyQ UHILQHUtDV
LQGXVWULDV TXtPLFDV IiEULFDV GH SLQWXUDV
DSOLFDFLRQHV DQWLURHGRUHV SXHUWRV VLORV GH
DOPDFHQDMHVGHJUDQRV
&RQGXFWRU&ODVH,,
$LVODPLHQWR;/3(
&XELHUWDH[WHUQD39&
&yGLJRGHFRORUHV
[
[
*
'DWRV7pFQLFRV
ES

7HQVLyQQRPLQDO8R8
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
[
[
[
[
[
[
[
[GLiPHWURGHFDEOH
WUHQ]DGR
&ODVH
KDVWD&
'LiPHWUR
EDMR
DUPDGXUD
'LiPHWUR
GH
DUPDGXUD

&yGLJR 6HFFLyQ
PP

9
QXPHUDGRV
'LiPHWUR
VREUH
DUPDGXUD

'LiPHWUR
ILQDO
.J.P
3UHQVD
FDEOH
+LORV

&03():
&036():
&03():
&03():
&03():
&03():
&03():
0
0
0
0
0
0
0
&DEOHFRQDUPDGXUD;/3(39&6:$39&.Y

'LiPHWUR
EDMR
DUPDGXUD
[
[
[
[

[
[
[

[
[
[
[
[
[
[
[
[
[
[
[
[

[
[
[
[
[
[
[
[
[
[
[
[

'LiPHWUR
VREUH
DUPDGXUD
'LiPHWUR
ILQDO
.J.P
3UHQVD
FDEOH
+LORV

&03():
&036():
&036():
&03():
0
0
0
0

&036():
&03():
&03():
0
0
0

&036():
&03():
&036():
&036():
&03():
&03():
&03():
&03():
&03():
&036():
&036():
&03():
&036():
0
0
0
0
0
0
0
0
0
0
0
0
0

&036():
&036():
&03():
&03():
&036():
&036():
&03():
&03():
&03():
&03():
&036():
&036():
0
0
0
0
0
0
0
0
0
0
0
0
ES

'LiPHWUR
GH
DUPDGXUD
IM
AT
&yGLJR 6HFFLyQ
PP

+9.+9.
IM
AT
&DEOHGHFRQWUROPRQRSRODU
H[WUDGHVOL]DQWH
$SOLFDFLyQ
(VWRV FDEOHV XQLSRODUHV VRQ HVSHFLDOPHQWH

DSURSLDGRV SDUD IDEULFDQWHV H LQVWDODGRUHV GH
PiTXLQDVWDEOHURVLQVWDODFLRQHVILMDV
&RORUHVGLVSRQLEOHVHQGLiPHWURVPD\RUHVD
PPD]XOQHJURURMREODQFRYHUGHDPDULOOR
(PEDODMHFDMDVGHPW
+9.PP9
+9.!PP9
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO
8R8
7HQVLyQGH3UXHED
+9.
+9.
9
9
0DUJHQGHWHPSHUDWXUD
WUHQ]DGR
9'(&ODVH
,(&FODVH
GHFRQGXFWRU
'HDFXHUGRDWDEOD
+$58/&6$
&KDVWD&
+29.
+29.
&yGLJR
6HFFLyQ ([WHULRU
PP
PP
.J.P
&yGLJR

!*[FP
6HFFLyQ ([WHULRU
PP
PP
.J.P

PP

PP

+=.+=.&
IM
AT
&DEOHGHFRQWUROPRQRSRODUOLEUHGHKDOyJHQRV
H[WUDGHVOL]DQWH
$SOLFDFLyQ
&DEOHIOH[LEOHOLEUHGH+DOyJHQRV&
6RQ XWLOL]DGRV HQ OXJDUHV FHUUDGRV HVFXHODV
KRVSLWDOHV HGLILFLRV HQ OD LQVWDODFLyQ GH HTXLSRV
HOpFWULFRV
9HQWDMDV
)OH[LEOH&ODVH
%XHQDUHVLVWHQFLDDODDEUDVLyQ
FRUWHV\DFHLWHV
/LEUHGHKDOyJHQRV
1RSURSDJDGRUGHOODPDV
6LQHPLVLyQGHJDVHVFRUURVLYRV
PPD]XOQHJURURMREODQFR
YHUGHDPDULOOR
(PEDODMHFDMDVGHPW
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO
8R8
+=.!PP9
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
+$58/&6$
&KDVWD&
+2=.PP
&yGLJR
6HFFLyQ ([WHULRU
PP
PP

9$
1
5
%
$
WUHQ]DGR
9'(&ODVH
,(&FODVH
GHFRQGXFWRU
'HDFXHUGRDWDEOD
!*[FP
+2=.PP
.J.P
&yGLJR
6HFFLyQ ([WHULRU
PP
PP

.J.P

(6=$
(6=%
(6=1
(6=5
(6=9$

(6=$
(6=%
(6=1
(6=5
(6=9$

(6=$
(6=%
(6=1
(6=5
(6=9$

(6=$
(6=%
(6=1
(6=5
(6=9$

+=.+=.&
IM
AT
&DEOHGHFRQWUROPRQRSRODUOLEUHGHKDOyJHQRV
H[WUDGHVOL]DQWH
$SOLFDFLyQ
&DEOHIOH[LEOHOLEUHGH+DOyJHQRV&
$PSOLDPHQWH XWLOL]DGR SDUD FDEOHDGR GH
GLVSRVLWLYRVHOpFWULFRVFXDGURVHOpFWULFRV\FDMDVGH
GLVWULEXFLyQ HQ OXJDUHV FHUUDGRV HVFXHODV
KRVSLWDOHVHGLILFLRV
9HQWDMDV
)OH[LEOH&ODVH
%XHQDUHVLVWHQFLDDODDEUDVLyQ
FRUWHV\DFHLWHV
/LEUHGHKDOyJHQRV
1RSURSDJDGRUGHOODPDV
6LQHPLVLyQGHJDVHVFRUURVLYRV
PPD]XOQHJURURMREODQFR
YHUGHDPDULOOR
(PEDODMHFDMDVGHPW
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO
+=.8R89
+=.8R89
+=.9$&
+=.9$&
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
9$
1
5
%
$
WUHQ]DGR
9'(FODVH
,(&FODVH
GHFRQGXFWRU
'HDFXHUGRDWDEOD
+$58/&6$
&KDVWD&
+2=.PP
6HFFLyQ
PP
1HJUR
$]XO
5RMR
%ODQFR
$PDULOOR
9HUGH
$PDULOOR

+2=.PP
6HFFLyQ
PP
1HJUR
$]XO
5RMR
%ODQFR
$PDULOOR
9HUGH
$PDULOOR

g/)/(;6(592&<
5
IM
AT
&DEOHVFRQSDQWDOODGHFREUHWUHQ]DGRSDUD
VHUYRPRWRUHV\FRQYHUWLGRUHVGHIUHFXHQFLD.Y
$SOLFDFLyQ
/RV FDEOHV g/)/(; 6(592 &< VH KDQ

GLVHxDGR HVSHFLDOPHQWH SDUD OD FRQH[LyQ GH
PRWRUHV '1& HVSHFLDOPHQWH FRPR FDEOH GH
DOLPHQWDFLyQ HQWUH HO FRQYHUWLGRU GH IUHFXHQFLD
VHUYRPRWRU\WDEOHURVGHPDQREDMRHOFRQFHSWRGH
FRPSDWLELOLGDGHOHFWURPDJQpWLFD(0&
(O SURGXFWR FXPSOH OD GLUHFWLYD &((
'LUHFWLYDGHEDMDWHQVLyQ
6REUH ORV FRQGXFWRUHV WUHQ]DGRV UHYHVWLPLHQWR
LQWHULRUGH39&SDQWDOOD WUHQ]DGDGHDODPEUHVGH
&REUHHVWDxDGR\UHYHVWLPLHQWRH[WHULRUHQEDVHD
39&JULV5$/UHWDUGDQWHDODOODPD,(&
VLQHPEDUJRQRHVUHFRPHQGDGRVXXVRDOD
LQWHPSHULH
ES
&yGLJR

.Y
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
6HFFLyQ ([WHULRU
PP
PP

*
*
*
*
GHOFRQGXFWRU
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8

!*[FP
&KDVWD&
&KDVWD&
(VWiWLFR
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR

6HFFLyQ
PP

*
*
*
&RQGXFWRUHVQHJURV
FRQQ~PHURVEODQFRV
9'(
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP

.J.P

g/)/(;&/$66,&&<
5
AT
&DEOHVFRQSDQWDOODGHFREUHWUHQ]DGRSDUDVHUYRPRWRUHV
\FRQYHUWLGRUHVGHIUHFXHQFLDWHQGLGRILMRNY
$SOLFDFLyQ
7HQVLyQQRPLQDO8R8
,QVWDODFLyQILMD
&yGLJR

9
9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
6HFFLyQ ([WHULRU
PP
PP

*
*
*
*
*
*
*
GHOFRQGXFWRU
$]XO&DIp1HJUR9$
9'(
9
'DWRV7pFQLFRV
ES
IM
&DEOHGH&REUHILQtVLPRIOH[LEOHFODVHEOLQGDGR
FRQ PDOOD GH &REUH HVWDxDGR FKDTXHWD GH 39&
WUDQVSDUHQWH UHWDUGDQWH D OD OODPD ,(&
3DUDXVRH[WHULRUVHUHFRPLHQGDFDQDOL]DU
$PSOLDPHQWH XWLOL]DGR HQ 6HUYRPRWRUHV \
9DULDGRUHV GH )UHFXHQFLD HQ LQVWDODFLRQHV ILMDV
HVFDOHULOORV\GXFWRV
3URWHJLGR\ILMRY
FDEOH

!*[FP
SDUDODDSOLFDFLyQ
&KDVWD&
&KDVWD&
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR

6HFFLyQ
PP

*
*
*
*
*
*
*
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP

.J.P

g/)/(;6(592<6/&<-%
5
AT
&DEOHVGHEDMDFDSDFLWDQFLD\GREOHSDQWDOODFRQIRUPHD(0&
SDUDVHUYRPRWRUHV\FRQYHUWLGRUHVGHIUHFXHQFLDNY
$SOLFDFLyQ
IM
&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH GH EDMD

FDSDFLWDQFLDSHUPLWHPD\RUORQJLWXGGHFDEOHHQWUH
HOPRWRU\HOFRQYHUWLGRUGHIUHFXHQFLDEOLQGDGRFRQ
GREOH SDQWDOOD FKDTXHWD GH 39& WUDQVSDUHQWH
UHWDUGDQWH D OD OODPD ,(& 3DUD XVR
H[WHULRUVHUHFRPLHQGDFDQDOL]DU
HVFDOHULOORV\GXFWRV
FDEOH
ES
$LVODPLHQWRGH3(SROLHWLOHQR
3DQWDOODGHFLQWDGHDOXPLQLRVREUHORVFRQGXFWRUHV
3DQWDOODGHWUHQ]DGHKLORGHFREUHHVWDxDGR
&XELHUWDGH39&WUDQVSDUHQWH
&yGLJR

9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
6HFFLyQ ([WHULRU
PP
PP

*
*
*
*
*
*
*
GHOFRQGXFWRU
$]XO&DIp1HJUR9$
9'(
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8

!*[FP
SDUDODDSOLFDFLyQ
&KDVWD&
&KDVWD&
WUHQ]DGR
9HUGHDPDULOOR
.J.P

&yGLJR
6HFFLyQ
PP

*
*
*
*
*
*
*
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP

.J.P

g/)/(;6(592<6/&<.-%
5
AT
&DEOHVGHEDMDFDSDFLWDQFLD\GREOHSDQWDOODFRQWLHUUDVLPpWULFD
FRQIRUPH(0&SDUDVHUYRPRWRUHV\FRQYGHIUHFXHQFLDNY
$SOLFDFLyQ
IM
&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH GH EDMD

FDSDFLWDQFLDSHUPLWHPD\RUORQJLWXGGHFDEOHHQWUH
HOPRWRU\HOFRQYHUWLGRUGHIUHFXHQFLDEOLQGDGRFRQ
GREOHSDQWDOODUHWDUGDQWHDODOODPD,(&
HVFDOHULOORV\GXFWRVRGLUHFWDPHQWHEDMRWLHUUD
FDEOH
7HQVLyQQRPLQDO8R8
,QVWDODFLyQILMD
&yGLJR

9
9
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
6HFFLyQ ([WHULRU
PP
PP

[*
[*
[*
[*
GHOFRQGXFWRU
$]XO&DIp1HJUR9$
9'(
9
'DWRV7pFQLFRV
ES
$LVODPLHQWRGH3(SROLHWLOHQR
3DQWDOODGHFLQWDGHDOXPLQLRVREUHORV
FRQGXFWRUHV
3DQWDOODGHWUHQ]DGHKLORGHFREUHHVWDxDGR
&XELHUWDGH39&QHJURSDUDXVRH[WHULRUR
GLUHFWDPHQWHEDMRWLHUUD

!*[FP
SDUDODDSOLFDFLyQ
&KDVWD&
&KDVWD&
WUHQ]DGR
9HUGHDPDULOOR
.J.P

&yGLJR
6HFFLyQ
PP

[*
[*
[*
[*
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP

.J.P

g/)/(;/,)7)
5
AT
&DEOHVSODQRVSDUDDVFHQVRUHV\PRQWDFDUJDV
FRQORQJLWXGHVGHVXVSHQVLyQKDVWDPW
$SOLFDFLyQ
5
IM
/RV FDEOHV SODQRV g/)/(; ) VRQ DSURSLDGRV

SDUDODDSOLFDFLyQHQHVSDFLRVFHUUDGRV\VHXWLOL]DQ
HQHTXLSRVGHWUDQVSRUWH\HOHYDFLyQ
(VWRVFDEOHVSODQRVVHSXHGHQXWLOL]DUFRPRFRQWURO
\ IXHU]D HQ DVFHQVRUHV FRQ ORQJLWXGHV GH
VXVSHQVLyQGHKDVWDPWFRQYHORFLGDGPD[GH
PWVHJ
&RQGXFWRUHV GH KLORV ILQtVLPRV GH FREUH GHVQXGR
FRQDLVODPLHQWRGHFRQGXFWRUGH39&UHVLVWHQWHVDO
IUtRUHWDUGDQWHVDODOODPD
PP9
!PP9
9
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO8R8
&yGLJR
0DUJHQGHWHPSHUDWXUD
PP
PP
!*[FP
&KDVWD&
&KDVWD&
*
6HFFLyQ ([WHULRU
PP
PP

*
*
*
*
*

7HQVLyQGH3UXHED
*
*
*
*
*
*
;
;
;
;
;
;
;
;
;
;
;
GHOFRQGXFWRU
6HJ~Q9'(
QHJURFRQQ~PHURVEODQFRV
KLORVFyGLJRGHFRORUHV
SDUDODDSOLFDFLyQ
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR
6HFFLyQ
PP

*
*
*
*
*
*
*
*
*
*

[HVSHVRUGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP
.J.P
;
;
;
;

;
;
;
;
;
;

g/)/(;&5$1()
5
AT
&DEOHVSODQRVUHVLVWHQWHVDODLQWHPSHULH
*RPD1HRSUHQR
$SOLFDFLyQ
/RVFDEOHVSODQRV1(2)/(; VRQUHVLVWHQWHVDOD
LQWHPSHULH XWLOL]DGRV HQ FRQGLFLRQHV DPELHQWDOHV
ULJXURVDVSXHQWHVGHJU~DVDVWLOOHURVVLGHU~UJLFDV
HWF
/RVFDEOHVSODQRVUHTXLHUHQPHQRVHVSDFLRTXHORV
FDEOHV UHGRQGRV D LJXDO Q~PHUR GH FRQGXFWRUHV
SHUPLWHQUDGLRVGHIOH[LyQPiVSHTXHxRV
&RQGXFWRUHVGHKLORVILQtVLPRVGHFREUHGHVQXGRV
DLVODPLHQWR GH XQD PH]FOD HVSHFLDO GH
3ROLFORURSUHQRQHJURUHWDUGDQWHDODOODPD
2EV/RQJLWXGHVGHVXVSHQVLyQGHPW
&DEOHVXPHUJLEOHKDVWDPW
IM
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
9
0DUJHQGHWHPSHUDWXUD
!*[FP
&KDVWD&
*
6HFFLyQ ([WHULRU
PP
PP

*
;
*
*
*
*
*
*
*
*
;
;
;
;
;

7HQVLyQGH3UXHED
*
*
*
;
;
;
;
;
;
GHOFRQGXFWRU
6HJ~Q9'(
QHJURFRQQ~PHURVEODQFRV
KLORVFyGLJRGHFRORUHV
SDUDODDSOLFDFLyQ
WUHQ]DGR
9HUGHDPDULOOR
.J.P
&yGLJR

[HVSHVRUGHFDEOH
6HFFLyQ
PP

*
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP
;
;
;
;
;
*
*
*
*
*
*
*
*
*
;
;
;
;
*
;
;
.J.P

+1'
AT
&DEOHSDUDVROGDGXUDGHDUFRYROWDLFRDSUREDFLyQ
9'(16/))g8
$SOLFDFLyQ
IM
(OFDEOHGHVROGDGXUD+1'HVXQFDEOHHVSHFLDO
SDUD OD WUDQVPLVLyQ GH DOWDV LQWHQVLGDGHV GH
FRUULHQWHVHQHTXLSRVGHVROGDGXUD(VDSURSLDGR
SDUDODDSOLFDFLyQIOH[LEOHEDMRFRQGLFLRQHVVHYHUDV
HQ OD FRQVWUXFFLyQ GH PiTXLQDV DXWRPRYLOtVWLFD \
QDYDOHV
7HQVLyQQRPLQDO8R8
&yGLJR

9
SDUDODDSOLFDFLyQ
9
WUHQ]DGR
7HQVLyQGH3UXHED
0DUJHQGHWHPSHUDWXUD
'DWRV7pFQLFRV
ES
(VSHFLDO SDUD XVR HQ HTXLSRV GH VROGDGXUD

FRQWLQXRV\DXWRPiWLFRV(OFDEOHFRQVHUYDVXDOWD
IOH[LELOLGDGWDPELpQEDMRODDFFLyQGHODOX]R]RQR
R[tJHQR JDV \ DFHLWH UHVLVWHQWH DO IUtR FDORU \
IXHJR8VRLQWHULRU\H[WHULRU
&DEOH WUHQ]DGR GH FREUH GHVQXGR KLOR ILQR
FRQIRUPH ',1 9'( ,(& +'
UHYHVWLPLHQWR H[WHULRU GH QHRSUHQR DOHDFLyQ GH
JRPDEDViQGRVHHQFDXFKRFRORUDGR
6HFFLyQ ([WHULRU
PP
PP

&KDVWD&
.J.P
&yGLJR
6HFFLyQ
PP

[GLiPHWURGHFDEOH
PP [
PP [
PP [
PP [
PP [
([WHULRU
PP

.J.P

g/)/(;&5$1(16+7g8
5
AT
&DEOHGHIXHU]D\FRQWUROSDUDWDPERU\URGLOORV
.9
$SOLFDFLyQ
/RV FDEOHV .5$1)/(; VRQ DSURSLDGRV SDUD OD

DSOLFDFLyQ HQ HOHYDGRUHV LQVWDODFLRQHV GH
WUDQVSRUWH 6H SXHGHQ XWLOL]DU FRPR FDEOHV GH
WDPERU\DUUDVWUHHQHVSDFLRVVHFRVK~PHGRVDOD
LQWHPSHULHDVtFRPRHQDJXDVSDUDXVRLQGXVWULDO
&RQGXFWRUHV GH KLOR ILQR GH FREUH GHVQXGR
DLVODPLHQWR GH JRPD QDWXUDO R VLQWpWLFD
UHYHVWLPLHQWRH[WHULRUGH3ROLFORURSUHQRQHRSUHQR
FRQ WUHQ]DGR WH[WLO LQWHJUDGR HQ HO UHYHVWLPLHQWR
H[WHULRUQHJUR
IM
9
7HQVLyQGH3UXHED
&yGLJR
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
*
6HFFLyQ ([WHULRU
PP
PP

!*[FP
&KDVWD&
&KDVWD&
9HUGHDPDULOOR
.J.P

*
*
*
*
*
*
*
*

*
*
*
*
*

GHOFRQGXFWRU
6HJ~Q9'(
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8

[GLiPHWURGHFDEOH
SDUDODDSOLFDFLyQ
GLiPHWURH[WHULRUPP
[GLiPHWURGHFDEOHFRQ
GLiPHWURH[WHULRU!PP
WUHQ]DGR
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP
&yGLJR
6HFFLyQ
PP

*
*
*
*

*
*
*
*
*
*
*
*
*

.J.P
g/)/(;&5$1(
5
AT
&DEOHGHFRQH[LyQ\FRQWURO
&DEOHGHDUUDVWUH
$SOLFDFLyQ
/RV FDEOHV 1(2)/(; UHVLVWHQWHV D WRGR WLSR GH

FRQGLFLRQHV GH FOLPD SDUD XVR LQWHULRU \ H[WHULRU
UHFRPHQGDGRV SDUD LQVWDODFLRQHV H[SXHVWDV D OD
LQWHPSHULH HTXLSRV GH WUDQVSRUWH \ HOHYDFLyQ
DVWLOOHURVPLQDVVXEWHUUiQHDVVHSXHGHQHPSOHDU
FRPRFDEOHVGHDUUDVWUHWHQGLGRHQORFDOHVVHFRV\
K~PHGRV
(ODLVODPLHQWRUHVLVWHQWHDOR]RQR\DODDEUDVLyQ
LQFRUSRUD HQ VX UHYHVWLPLHQWR H[WHULRU WUDPD GH
WHMLGR YXOFDQL]DGR FRPR SURWHFFLyQ FRQWUD OD
WRUVLyQ
5HYHVWLPLHQWR GH FDXFKR GH 3ROLFORURSUHQR
QHRSUHQRFODVHIOH[LEOH
IM
'DWRV7pFQLFRV
ES
&yGLJRGHFRORUHV
FRQGXFWRUHVQHJURFDIp
FRQGXFWRUHVFDIpD]XOYHUGHDPDULOOR
FRQGXFWRUHVFDIpD]XOQHJURYHUGHDPDULOOR
! FRQGXFWRUHV QHJURV FRQ Q~PHURV EODQFRV \
FRQGXFWRUHVGHWLHUUD*
&yGLJR
9
7HQVLyQGH3UXHED
9
0DUJHQGHWHPSHUDWXUD
0yYLO
(VWiWLFR
6HFFLyQ ([WHULRU
PP
PP

[
*
*
*
*
*
*
*
*

7HQVLyQQRPLQDO8R8

&KDVWD&
&KDVWD&
*
;
!*[FP
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
SDUDODDSOLFDFLyQ
[GLiPHWURGHFDEOH
([WHULRU
PP
.J.P
&yGLJR
6HFFLyQ
PP

*
*
*
*
*
*

*
*
*
*

.J.P
+51)
AT
&DEOHFRQFXELHUWDGHJRPDQHRSUHQRDUPRQL]DGRIOH[LEOH
$SOLFDFLyQ
IM
&DEOHGHJRPDSDUDXVRSHVDGRFRQDSOLFDFLyQHQ
KHUUDPLHQWDV PiTXLQDV DJUtFRODV ERPEDV
VXPHUJLEOHV HQ HVSDFLRV VHFRV \ K~PHGRV DVt
FRPRDODLQWHPSHULHRHQDJXD
5HYHVWLPLHQWR H[WHULRU GH JRPD GH SROLFORURSUHQR
QHRSUHQRDQWLLQIODPDEOH
&yGLJRGHFRORUHVVREUHFRQGXFWRUHV
DLVODPLHQWRQHJURFRQQ~PHURVEODQFRV
9
7HQVLyQGH3UXHED
&yGLJR
0DUJHQGHWHPSHUDWXUD
*
6HFFLyQ ([WHULRU
PP
PP

*
*
*
*
*
*
*
*
*
*
*
*
*
*


*
*
GHOFRQGXFWRU
9'(
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
*
!*[FP
&KDVWD&
SDUDODDSOLFDFLyQ
WUHQ]DGR
9HUGHDPDULOOR
.J.P

[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP
&yGLJR
6HFFLyQ
PP

*
*

*
*
*
*
*
*
*
*

[
[
[

.J.P
)*20.9
AT
/LEUHGHKDOyJHQRVUHWDUGDQWHGHODOODPD
FG7 OM1 0,6/1KV
$SOLFDFLyQ
&DEOH FRQ DLVODFLyQ +(35* IOH[LEOH SDUD

LQVWDODFLRQHV ILMDV SDUD LQWHULRUHV R H[WHULRUHV HQ
DPELHQWHV VHFRV R K~PHGRV DO DLUH OLEUH R
VXEWHUUiQHRV
(VSHFLDOPHQWH LQGLFDGRV SDUD LQVWDODFLRQHV
LQWHULRUHVHQODVTXHVHUHTXLHUDQFDEOHVOLEUHVGH
KDOyJHQRVVLQJDVHVWy[LFRV\KXPRVRSDFRV
IM
$LVODPLHQWR+(35*
&XELHUWD &KDTXHWD H[WHULRU FRORU YHUGH
FRPSXHVWR WHUPRSOiVWLFR OLEUH GH KDOyJHQRV
SRO\ROHILQHFRPSRXQG0
&yGLJRGHFRORUHV
;
*
*
*
7HQVLyQGH3UXHED
9
SDUDODDSOLFDFLyQ
0DUJHQGHWHPSHUDWXUD
&
WUHQ]DGR
ES
9
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
*
*
*
*
*
*
*
*
*
*
*
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
6HFFLyQ ([WHULRU
PP
PP

.J.P

&yGLJR
6HFFLyQ
PP
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
)*20
[
[
[
[
[
[
[
[
[
9HUGHDPDULOOR
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
([WHULRU
PP

.J.P

DRINCABLE - WRAS 0,7FL 450/750 V
AT
Cable con cubierta y aislamiento mezcla elatomrica EPR

Cable para inmersiones permanentes de hasta 600 mts
Aplicacin
Los cables de la serie Drincable han sido diseados

especialmente para empleo en inmersin
permanente en agua potable y se distinguen por ser:
- NO TOXICOS
- IMPERMEABLES
ABSORCION DE HUMEDAD
COMPARACION INCREMENTO DE PESO/VOLUMEN
IM
30%
25%
20%
15%
10%
5%
0%
Das
25
50
75
100
DRINCABLE
125
150
175
600
OTROS
Cdigo de colores:
Datos Tcnicos
ES
3G
450/750V
Conductor de proteccin
G=
Verde - amarillo
Tensin de Prueba:
2500V
Radio de flexin mnimo

fijo:
mvil:
8H
3H
Margen de temperatura:
+ 90C
Estructura de conductor
trenzado:
Tensin nominal Uo/U:
DRIN3040
DRIN3060
DRIN3100
DRIN3160
DRIN3250
DRIN3350
DRIN3500
DRIN3700
DRIN3950
DRIN31200
de hilo fino segn

VDE 0295 clase5
IEC 228 CI.5
Seccin
mm
Exterior
mm
Kg/Km
Cdigo
Seccin
mm
Exterior
mm
Kg/Km
3 X 4,0
3 X 6,0
3 X 10,0
3 X 16,0
3 X 25,0
3 X 35,0
3 X 50,0
3 X 70,0
3 X 95,0
3 X 120,0
7,5-8,5 / 15,0-16,9
8,0-9,5 / 17,5-20,5
9,0-11,3 / 22,9-25,9
11,0-14,6 / 27,3-30,6
13,5-16,5 / 32,5-35,5
15,6-17,9 / 36,0-39,0
18,5-21,0 / 43,9-45,8
20,0-23,0 / 50,0-53,0
23,4-25,9 / 56,9-59,4
25,1-27,6 / 61,9-64,4
250
325
535
780
1125
1555
2120
2850
3500
4400
DRIN4025
DRIN4040
DRIN4060
DRIN4100
DRIN4160
DRIN4250
DRIN4350
DRIN4500
DRIN4700
DRIN4950
4 G 2,5
4 G 4,0
4 G 6,0
4 G 10,0
4 G 16,0
4 G 25,0
4 G 35,0
4 G 50,0
4 G 70,0
4 G 95,0
6,5-8,5 / 19,0-22,5
8,0-10,2 / 23,0-27,0
8,5-9,9 / 24,5-26,5
9,5-11,5 / 29,5-31,8
11,5-13,6 / 34,0-36,7
15,5-17,6 / 41,5-44,8
16,3-17,6 / 52,0-54,5
18,5-21,0 / 63,0-65,8
20,0-23,0 / 69,0-71,3
23,4-25,9 / 79,8-82,5
260
395
470
710
1025
1600
2300
3200
4200
5800
Cdigo
4G
74
Nautilus 500 0,6/1Kv
AT
Cable para inmersiones permanentes de hasta 500 mts
Nautilus 300 0,6/1Kv
Aplicacin
NAUTILUS 500 es adecuado para inmersiones

permanentes de hasta 500 mts de profundidad,
puede usarse en tendidos elctricos subacuticos
cortos. Tambin es perfecto para instalaciones fijas
en suelos acuosos, uso interior e interior.
IM
Conductor: Hilos flexibles estaados

Aislamiento: EPR(EI7)
Cubierta interna: Goma EPDM
Cubierta externa: Goma de base CPE
Cdigo de colores:
1X
4G
Conductor de proteccin
G=
Tensin de Prueba:
3000V
Radio de flexin mnimo

para la aplicacin:
4 x dimetro de cable
Margen de temperatura:
+ 90C
Estructura de conductor
trenzado:
de hilo fino segn

VDE 0295 clase5
IEC 228 CI.5
ES
Datos Tcnicos
Verde - amarillo
600/1000V
Tensin nominal Uo/U:
Cdigo
Seccin
mm
NAU1050
NAU1070
NAU1095
NAU1120
NAU1150
NAU1185
NAU1240
1 x 50
1 x 70
1 x 95
1 x 120
1 x 150
1 x 185
1 x 240
Exterior
mm
13,5 - 15,9
15,4 - 17,8
17,3 - 19,9
19,3 - 21,5
20,6 - 23,8
23,4 - 26,5
25.7 - 28,9
Kg/Km
Cdigo
545
758
954
1260
1470
1865
2340
NAU4040
NAU4060
NAU4100
NAU4160
NAU4250
NAU4350
NAU4500
NAU4700
NAU4950
75
Seccin
mm
Exterior
mm
Kg/Km
4 G 4,0
4 G 6,0
4 G 10,0
4 G 16,0
4 G 25,0
4 G 35,0
4 G 50,0
4 G 70,0
4 G 95,0
13.5 - 16,4
15,2 - 17,8
17,5 - 19,9
20,4 - 22,8
23,9 - 27,1
26,9 - 30,2
30,8 - 34,8
35,6 - 38,7
38,9 - 43,2
320
440
650
945
1450
1930
2660
3250
4370

ES
D
AT
IM
AT
IM
&DEOHVSDUD$OWD
7HPSHUDWXUD&
ES
g/)/(;+($7
5
AT
&RQGXFWRUHVGHVLOLFRQDOLEUHGHKDOyJHQRV
FRQDPSOLRPDUJHQGHWHPSHUDWXUD&
$SOLFDFLyQ
g/)/(; +($7 6,) &RQGXFWRU GH KLORV

5
ILQRV GH FREUH HVWDxDGRV FRQ DLVODPLHQWR GH

VLOLFRQD g/)/(; +($7 6,)*/
&RQGXFWRU GH KLORV ILQRV GH FREUH HVWDxDGR FRQ
DLVODPLHQWRGHVLOLFRQD\UHFXEULPLHQWRFRQWUHQ]DGR
GHVHGDVGHILEUDGHYLGULR
IM
)=/6,
PPDLVODPLHQWRGHVLOLFRQD\UHFXEULPLHQWRFRQ
WUHQ]DGRGHVHGDVGHILEUDVGHYLGULRV\FKDTXHWD
H[WHULRUGHVLOLFRQDFRORUD]XO
PPDLVODPLHQWRGHVLOLFRQDFRORUURMR
'DWRV7pFQLFRV
)=/VLFDEOHGHLJQLFLyQ.Y
&yGLJR
([WHULRU
6HFFLyQHQ
PP
PP

gOIOH[+HDW6,)
5
&yGLJR
6HFFLyQHQ([WHULRU
PP
PP

7HQVLyQGH3UXHED
g/)/(;+($76,)6,)*/6
)=/6,
9
.Y
0DUJHQGHWHPSHUDWXUD
&KDVWD&
3HULRGRVFRUWRV&
gOIOH[+HDW6,)*/
5
.J.P
&yGLJR

9
.Y
.Y
.Y
.J.P
ES
7HQVLyQQRPLQDO8R8
g/)/(;+($76,)6,)*/6
)=/6,

6HFFLyQHQ
([WHULRU
PP
PP
.J.P

g/)/(;+($76,+)
5
AT
&DEOHGHVLOLFRQDOLEUHGHKDOyJHQRVFRQDPSOLR
PDUJHQGHWHPSHUDWXUD&
$SOLFDFLyQ
g/)/(;+($76,+)/RVFDEOHVGHVLOLFRQD
IXHURQ GLVHxDGRV SDUD VHU LQVWDODGRV HQ DTXHOORV
OXJDUHV GRQGH HO DLVODPLHQWR HVWi H[SXHVWR D
JUDQGHVFDPELRVGHWHPSHUDWXUD&\HQFRUWR
WLHPSRKDVWD&
(VWRV VRQ OLEUHV GH KDOyJHQRV \ DGHFXDGRV SDUD
LQGXVWULDVGHODFHURIXQGLFLRQHVGHYLGULRFHPHQWR
\FHUiPLFDVVRQUHVLVWHQWHVDJUDVDVYHJHWDOHV\
DQLPDOHV DOFRKROHV iFLGRV GLOXLGRV VXVWDQFLDV
R[LGDQWHV VROXFLRQHV DOFDOLQDV \ GLVROXFLRQHV
VDOLQDV DJXDV UHVLGXDOHV UHVLVWHQWH D ODV
UDGLDFLRQHV89XVRLQWHULRU\H[WHULRU
g/)/(; +($7 6,+) OLEUH GH KDOyJHQRV GH
DFXHUGRD,(&
IM
7HQVLyQGH3UXHED
9
9
!*[FP
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
&KDVWD&
SRUSHULRGRVFRUWRV&
*
;
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
6HFFLyQHQ ([WHULRU
PP
PP
[
*
*
*
*
VREUHFRQGXFWRUHV
SDUDODDSOLFDFLyQ
0yYLO
)LMD
,GHQWLILFDFLyQGH
FRORUHV9'(
1HJURVFRQQ~PHURV
EODQFRV
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
.J.P
&yGLJR

0DUJHQGHWHPSHUDWXUD
GHOFRQGXFWRU
KDVWDFRQGXFWRUHV
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ([WHULRU
PP
PP

.J.P
*
*
*
*
*

[
*
*
*
*

[
*
*
*
*

[
*
*
*

*
*
*
*

g/)/(;+($7*/6
5
AT
&DEOHVGHVLOLFRQDFRQ
SDQWDOODGHDFHURJDOYDQL]DGROLEUHGHKDOyJHQRV&
$SOLFDFLyQ
g/)/(; +($7 */6/RVFDEOHVGHVLOLFRQD

FRQ DSDQWDOODPLHQWR GH WUHQ]D GH DFHUR
JDOYDQL]DGRIXHURQGLVHxDGRVSDUDVHULQVWDODGRV
HQ DTXHOORV OXJDUHV GRQGH HO DLVODPLHQWR UHTXLHUH
SURWHFFLyQ PHFiQLFD 7HPSHUDWXUD GH 6HUYLFLR
&\HQFRUWRWLHPSRKDVWD&
LQGXVWULDV GHO DFHUR IXQGLFLRQHV LQGXVWULDV GH
YLGULRFHPHQWR\FHUiPLFDVVRQUHVLVWHQWHVDODV
JUDVDV YHJHWDOHV \ DQLPDOHV DOFRKROHV iFLGRV
GLOXLGRVVXVWDQFLDVR[LGDQWHVVROXFLRQHVDOFDOLQDV
\GLVROXFLRQHVVDOLQDVDJXDVUHVLGXDOHVUHVLVWHQWHV
DODVUDGLDFLRQHV89
IM
7HQVLyQGH3UXHED
&yGLJR
GHOFRQGXFWRU
KDVWDFRQGXFWRUHV
9
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
VREUHFRQGXFWRUHV
!*[FP
SDUDODDSOLFDFLyQ
0yYLO
)LMD
0DUJHQGHWHPSHUDWXUD
&KDVWD&
SRUSHULRGRVFRUWRV&
*
;
6HFFLyQHQ ([WHULRU
PP
PP
WUHQ]DGR
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
.J.P
&yGLJR
*
*
*
*

*
*
*
*

[
*
*
*

,GHQWLILFDFLyQGH
FRORUHV9'(
1HJURVFRQQ~PHURV
EODQFRV
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ ([WHULRU
PP
PP
.J.P
*
*

*
*
*
*

*
*
*
*

g/)/(;+($7(:.)
5
AT
&DEOHVGHVLOLFRQDOLEUHGHKDOyJHQRV
FRQDPSOLRPDUJHQGHWHPSHUDWXUD&FRQFKDTXHWDUHIRU]DGD
$SOLFDFLyQ
g/)/(;+($7(:.)(VWRVFDEOHVHVSHFLDOHV
KDQ SDVDGR D VHU LQGLVSHQVDEOHV HQ SODQWDV
PHWDO~UJLFDV DFHUtDV \ ODPLQDGRUDV HQ FDOLHQWH
IXQGLFLRQHV IiEULFDV GH FHPHQWR FULVWDOHV
FHUiPLFDH[WUXVRUDVHQXQLGDGHVGHFDOHIDFFLyQ\
DOXPEUDGR TXHPDGRUHV GH DFHLWH VRODULRV DVt
FRPR HQ LQVWDODFLRQHV GH VDXQD \ PXFKRV RWURV
FDPSRV
5HVLVWHQWHDJULHWDVDOWDIOH[LELOLGDG
3URWHFFLyQ89
IM
,QGLFDFLyQ
( 5HVLVWHQFLDDODVJULHWDV
: 5HVLVWHQFLDDODURWXUDH[WHULRU
) )OH[LELOLGDG
9
'DWRV7pFQLFRV
ES
7HQVLyQQRPLQDO8R8
&yGLJR
7HQVLyQGH3UXHED
9
!*[FP
0DUJHQGHWHPSHUDWXUD
&KDVWD&
SRUSHULRGRVFRUWRV&
*
;
6HFFLyQHQ ([WHULRU
PP
PP
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
GHOFRQGXFWRU
KDVWDFRQGXFWRUHV
VREUHFRQGXFWRUHV
SDUDODDSOLFDFLyQ
0yYLO
)LMD
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
WUHQ]DGR
&yGLJR
.J.P
,GHQWLILFDFLyQGH
FRORUHV9'(
1HJURVFRQQ~PHURV
EODQFRV
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ ([WHULRU
PP
PP
.J.P
[
*
*
*

*
*
*
*

*
*
*
*

*
*
*

*

*
*

g/)/(;+($7(:.)&
5
AT
&DEOHVGHVLOLFRQDOLEUHGHKDOyJHQRVFRQDPSOLRPDUJHQGH
WHPSHUDWXUD&FRQFKDTXHWDUHIRU]DGD\DSDQWDOODPLHQWRGHFREUH
$SOLFDFLyQ
g/)/(; +($7 (:.)& 6RQ FDEOHV GH

VLOLFRQDDSDQWDOODGRVFRQPDOODGHFREUHHVWDxDGR
)XHURQGLVHxDGRVSDUDVHULQVWDODGRVHQDTXHOORV
OXJDUHVGRQGHKD\FDPELRVGHWHPSHUDWXUD
6RQFDEOHVUHVLVWHQWHD&\HQFRUWRWLHPSR
KDVWD&
LQGXVWULDVGHODFHURIXQGLFLRQHVGHYLGULRFHPHQWR
\FHUiPLFDVVRQUHVLVWHQWHVDJUDVDVYHJHWDOHV\
DQLPDOHV DOFRKROHV iFLGRV GLOXLGRV VXVWDQFLDV
R[LGDQWHV VROXFLRQHV DOFDOLQDV \ GLVROXFLRQHV
VDOLQDV DJXDV UHVLGXDOHV UHVLVWHQWHV D ODV
UDGLDFLRQHV89
ES
IM
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
&yGLJR
GHOFRQGXFWRU
KDVWDFRQGXFWRUHV
9
7HQVLyQGH3UXHED
9
VREUHFRQGXFWRUHV
!*[FP
SDUDODDSOLFDFLyQ
0yYLO
)LMD
0DUJHQGHWHPSHUDWXUD
&KDVWD&
SRUSHULRGRVFRUWRV&
*
;
6HFFLyQHQ([WHULRU
PP
PP
WUHQ]DGR
9HUGHDPDULOOR
6LQYHUGHDPDULOOR
.J.P
&yGLJR

[
*

[
*
*

[
*

,GHQWLILFDFLyQGH
FRORUHV9'(
1HJURVFRQQ~PHURV
EODQFRV
[GLiPHWURGHFDEOH
[GLiPHWURGHFDEOH
GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ ([WHULRU
PP
PP
.J.P

*
*
*

*
*
*

g/)/(;+($76&
5
AT
&DEOHVGH7HIOyQ&&
0RQRSRODUHV
$SOLFDFLyQ
IM
/RVFDEOHVGHWHIOyQVRQDPSOLDPHQWHXWLOL]DGRVHQ
VDODV GH FRQWURO HTXLSRV GH FDOHIDFFLyQ
HOHFWURGRPpVWLFRV LQGXVWULDV TXtPLFDV (VWRV
FDEOHV VRQ DOWDPHQWH UHVLVWHQWHV D ORV iFLGRV
DOFDOLQRV DFHLWHV GLVROYHQWHV \ GHULYDGRV GHO
SHWUyOHR
&DEOHGH&REUHGHVQXGRHVWDxDGRFODVHFXELHUWD
H[WHUQD)(3WHIOyQFDEOHFRQDOWDUHVLVWHQFLDGH
DLVODPLHQWR QR SHUPLWH IRUPDFLyQ GH KRQJRV
DEVRUFLyQGHDJXDPHQRUDO
7HQVLyQGH3UXHED
9
!7[FP
6HJ~Q',19'(
SDUDODDSOLFDFLyQ
)LMD
[GLiPHWURGHFDEOH
WUHQ]DGR
0DUJHQGHWHPSHUDWXUD
&KDVWD&
SRUSHULRGRVFRUWRV&
&yGLJR
GHOFRQGXFWRU
FRQGXFWRUHV
9
ES
'DWRV7pFQLFRV
7HQVLyQQRPLQDO8R8
6HFFLyQHQ([WHULRU
PP
PP
.J.P
&yGLJR

GHKLORILQRVHJ~Q
9'(FODVH
,(&&,
6HFFLyQHQ ([WHULRU
PP
PP
.J.P

AT
&$%/(6'(&203(16$&,1
$SOLFDFLyQ
IM
/RV FDEOHV SDUD WHUPRFXSODV VRQ XWLOL]DGRV SDUD

YROWDMHGHPHGLFLyQ
(VWRVFDEOHVVRQDSDQWDOODGRVWRWDOXVRHQLQWHULRU\
H[WHULRU
5DQJRGH7HPSHUDWXUD&&
5DGLRGHFXUYDWXUD[GLiPHWUR
&yGLJRGHFRORUHV1RUPD$QVL
57<67<)/
&DEOH GH WHUPRFXSOD DSDQWDOODGR XVR LQWHULRU \
H[WHULRUDLVODFLyQ3(FKDTXHWDH[WHULRU39&
ES
57<67<6:$<)/
&DEOHGHWHUPRFXSODDSDQWDOODGRFRQDUPDGXUDWLSR
6:$XVRLQWHULRU\H[WHULRUDLVODFLyQ3(FKDTXHWD
H[WHULRU39&
57<67<)/
57<67<6:$<)/
'LiPHWURHQ
PP
-;&D&
,521
&233(51,&.(/
)H
&X1L
57-;
57-;6:$
[[
1L&U
1L
57.;
57.;6:$
[[
57(;6:$
[[
.;&D&
1,&.(/&+520,80
1,&.(/
(;&D&
1,&.(/&+520,80
&233(51,&.(/
1L&U
&X1L

AT
IM
3UHQVDFDEOHV\$FFHVRULRV
ES
6.,172367
5
$VLHQWRVHJXURDOLQVWDQWH
AT
7XHUFD GH VRPEUHWH FRQ UDQXUDV GH DJDUUH GH

GLVHxRHUJRQRPpWULFR/DVVXSHUILFLHVGHDJDUUHVH
KDQ GLPHQVLRQDGR JHQHURVDPHQWH SDUD OODYHV
6HJXUR GH WRUVLyQ LQWHJUDGR SDUD XQ PRQWDMH
UHVLVWHQWHDODVYLEUDFLRQHV
-XQWDGHQHRSUHQRSDUDHOFLHUUHKHUPpWLFR
,3
&RQVWUXFFLyQ ODPLQDU SDUD XQD ySWLPD

FRPSHQVDFLyQ GH WUDFFLyQ \ SURWHFFLyQ GHO FDEOH
*UDFLDVDXQJUDQPDUJHQGHVXMHFLyQYDULDEOHVH
QHFHVLWDQ VyOR XQRV SRFRV SDVRV GH
DWRUQLOODPLHQWRV
(VWDVSLH]DVVRQWDPELpQODVTXH
JDUDQWL]DQXQDVHJXULGDGySWLPD
D~QPiVHQHOFDVRGH6.,1723HO
REMHWLYRVHREWLHQHDOLQVWDQWH
6LPSOHPHQWHLQWURGXFLUHOFDEOH
JLUDUILUPHPHQWH\OLVWR
$VtHOFDEOHTXHGDDOLQVWDQWHILMR
FHQWUDGRKHUPpWLFDPHQWHHVWDQFR
VHJ~Q,3\ySWLPDPHQWH
FRPSHQVDGRHQFXDQWRDOD
WUDFFLyQ(QWRGRFDVRFRQ6.,1723
VHDOFDQ]DODPi[LPDVHJXULGDG
IXQFLRQDO
IM
5RVFD WUDSH]RLGDO GH YDULDV HQWUDGDV SDUD XQ

PRQWDMHVHJXUR\XOWUDUUiSLGR
/DELRVREWXUDGRUHVSDUDXQFLHUUHHVWDQFRDODJXD
GHODFDUFD]D
ES
(VWDELOLGDGHVUHVLVWHQFLDV
7pUPLFDHVSHFtILFDGHWLSR
7HPSHUDWXUDSHUPDQHQWHGH&KDVWD&FRUWRWLHPSRKDVWD&
$OFRKRO
3URGXFWRVDURPiWLFRV
(WHU
4XtPLFD
%HQ]RO
2+LGURFDUEXURVFORUDGRV
(WHU
UHVLVWHQWH
*UDVDVDQLPDOHV\YHJHWDOHV
2 UHVLVWHQFLDOLPLWDGD
KLGURFDUEXURVIOXRUDGRV
QRUHVLVWHQWH
&UHWRQDV
&RPEXVWLEOHV
/HMtDVGpELOHV
/HMtDVIXHUWHV
(QFDVRGHRWURVPHGLRV
$FHLWHPLQHUDO
DJUHVLYRVVHUHFRPLHQGDXQ
HQVD\RHQQXHVWURODERUDWRULR $FLGRVGpELOHV
$FLGRVIXHUWHV
3UXHEDVHVSHFtILFDVGHWLSR WULFORURHWLOHQR
3UXHEDGHDODPEUHLQFDQGHVFHQWHVHJ~Q,(&SDUWH\9'(SDUWH
WHPSHUDWXUDGHHQVD\RGH&&RPSHQVDFLyQGHWUDFFLyQVHJ~Q',19'(
&ODVHGHSURWHFFLyQ,33UXHEDVHJ~Q',1\
37% UHVLVWHQFLD D JROSH GH IUtR . ',1(1 ',1(1 6(9
FRPSHQVDFLyQGHWUDFFLyQ\HVWDQTXHLGDGDODJXDDSUHVLyQEDU
&HUWLILFDFLyQ8/\&6$

6.,172367
5
AT
3UHQVDFDEOHVSDUDXQDOWRJUDGRGHVHJXULGDG,3
&RQURVFD3*00137
IM
&
'
0'LiPHWURH[WHULRUGHOKLOR
&/DUJRGHODSUHQVD
'/DUJRGHOKLOR
5RVFD3*WXHUFDKH[DJRQDOLQFOXLGD
&yGLJR
JULV
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
5HIHUHQFLD
URVFD
0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

0
PP
&
PP
'
PP

0
PP
&
PP

67
67
67
67
67
67
67
67
67
67
ES
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
&yGLJR
QHJUR
5RVFDPPWXHUFDKH[DJRQDOLQFOXLGD
&yGLJR
JULV
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
.7
&yGLJR
QHJUR
5HIHUHQFLD
URVFD
0DUJHQ
DSULHWHPP
670[
670[
670[
670[
670[
670[
670[
670[

5RVFDQSW
&yGLJR
JULV
&yGLJR
QHJUR

5HIHUHQFLD
URVFD
67137
67137
67137
67137
0DUJHQ
DSULHWHPP

'
PP

6.,1723%6
3UHQVDFDEOHVFRQHVSLUDOGHSURWHFFLyQ
IOH[LEOH,3
&RQURVFD3*00137
AT
$SOLFDFLyQ
(O6.,1723%6FRQJXDUGDFDEOHVHQHVSLUDO
PDQWLHQHXQUDGLRGHFXUYDWXUDSDUDJDUDQWL]DUOD
VHJXULGDGGHOFDEOHHQPRYLPLHQWRV
IM
&/DUJRGHODSUHQVD
'/DUJRGHOKLOR
&
'
ES
5RVFD3*
&yGLJR
QHJUR
&yGLJR
JULV

5HIHUHQFLD
URVFD
%6
%6
%6
%6
%6
%6
&yGLJR
JULV
5HIHUHQFLD
URVFD

%60[
%60[
%60[
%60[
%60[
&yGLJR
JULV
5HIHUHQFLD
URVFD

&
PP
'
PP

0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

5RVFDPP
&yGLJR
QHJUR
0
PP
0DUJHQ
DSULHWHPP
5RVFDQSW
&yGLJR
QHJUR

%6137
%6137
%6137

6.,1723%7
5
AT
&RQURVFD3*00
7VHUYLFLR&&
(O6.,1723%7FRQSURWHFFLyQFRQWUDIOH[LyQWLSR
WURPSHWDSDUDFDEOHVIOH[LEOHVVHJ~QODQRUPD(1
DPSOLDPHQWH XVDGR SDUD DOLPHQWDFLyQ GH
PiTXLQDV \ HTXLSRV HOpFWULFRV VRPHWLGRV D
PRYLPLHQWRV GXUDQWH HO VHUYLFLR QRUPDO GH
IXQFLRQDPLHQWR
IM
&
ES
'
5RVFD3*
&yGLJR
5HIHUHQFLD
URVFD
%7
%7
%7
%7
%7

0
PP
&
PP
'
PP

0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

0DUJHQ
DSULHWHPP

5RVFD00
&yGLJR

5HIHUHQFLD
URVFD
%70[
%70[
%70[

6.,172306
5
AT
3UHQVDFDEOHVGHODWyQQLTXHODGRSDUDXQDOWR
JUDGRGHVHJXULGDG,3
&RQURVFD3*00137
7VHUYLFLR&&
&/DUJRGHODSUHQVD
'/DUJRGHOKLOR
5&526&$&257$
5/526&$/$5*$
&
5RVFD3*
&yGLJR
URVFDFRUWD
IM
'
5HIHUHQFLD
&yGLJR
URVFD
URVFDODUJD

06
06
06
06
06
06
06
06
06
06
ES

0DUJHQ
DSULHWHPP
0
PP
&5&
PP

0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

0
PP
&5&
PP
'5&
PP
&5/ '5&
PP
PP

'5/
PP

5RVFD00
5HIHUHQFLD
URVFD

060[
060[
060[
060[
060[
060[
060[
060[
&yGLJR

5RVFD137
&yGLJR

5HIHUHQFLD
URVFD

0DUJHQ
DSULHWHPP

6.,1723066&
5
AT
&RQURVFD3*007XHUFDKH[DJRQDOLQFOXtGD
7VHUYLFLR&&
(OSUHQVDFDEOHV6.,1723066&HVWi
HVSHFLDOPHQWHGLVHxDGRSDUDKDFHUODWRPDGHWLHUUDGH
ODVSDQWDOODVGHORVFDEOHVHQDTXHOODVLQVWDODFLRQHV
HOpFWULFDVGRQGHVHUHTXLHUDFXPSOLUFRQODFRPSDWLELOLGDG
HOHFWURPDJQpWLFD(0&GHXQDIRUPDUiSLGD\HILFD]
LQVHUWDUILMDU\OLVWR
IM
5RVFD3*
5HIHUHQFLD
URVFD
&yGLJR
066&;/
066&;/
066&;/
066&;/
066&;/
066&;/
'LiPHWURPtQLPR
VREUHODPDOODPP
/RQJLWXGGHOD
URVFDPP

0DUJHQ
DSULHWHPP
'LiPHWURPtQLPR
VREUHODPDOODPP
/RQJLWXGGHOD
URVFDPP

ES

0DUJHQ
DSULHWHPP
5RVFD00
&yGLJR

066&0[
066&0[
066&0[

5HIHUHQFLD
URVFD
7XHUFD+H[603(0
&yGLJR

5HIHUHQFLD
URVFD
[
[
[
7XHUFD+H[603(
(VSHVRU
PP
&yGLJR

5HIHUHQFLD
URVFD
603(
603(
603(
603(
603(
603(
(VSHVRU
PP

6.,1723060%586+
5
AT
&RQURVFD00
7VHUYLFLR&&
(OSUHQVDFDEOHV6.,1723060%UXVKHVWi
HVSHFLDOPHQWHGLVHxDGRSDUDKDFHUFRQWDFWRGHOD
SDQWDOODHQIRUPDUiSLGD\IiFLOHQORVGHO
DSDQWDOODGR
IM
6NLQWRS060%UXVK
ES
&yGLJR
[
[
[
[
[
[SOXV
[
[SOXV
[
[
[SOXV

5HIHUHQFLD
URVFD
'LiPHWUR
H[WHULRUPP
'LiPHWUR
VREUHODPDOODPP

6:PP
/RQJLWXG
GHODURVFD

7XHUFD+H[DJRQDO603(0
&yGLJR

5HIHUHQFLD
URVFD
[
[
[
[
(VSHVRU
PP
&yGLJR

5HIHUHQFLD
URVFD
[
[
[
[
(VSHVRU
PP

6.,1',&+7695(069)0
5
6.,1',&+7695(03UHQVDFDEOHVGHODWyQFRQMXQWDGH
VHOODGRDGDSWDEOHDOGLiPHWURGHOFRQGXFWRU0RQWDMHIiFLO\
UiSLGR
7VHUYLFLR&&
5
6.,1',&+769)03UHQVDFDEOHVGHODWyQSDUDFDEOHV
SODQRV
7VHUYLFLR&&
695(0
ES
IM
AT
&RQURVFD00
69)0
6NLQGLFKW695(0
5
5HIHUHQFLD
URVFD
&yGLJR
[
[
[

-XQWDGHVHOODGR
DGDSWDEOHPP

'LiPHWURPi[LPR
PP
/RQJLWXGGHOD
URVFDPP

0LQPi[JURVRU
FDEOHSODQRPP
/RQJLWXGGHOD
URVFDPP

6NLQGLFKW69)0
5
&yGLJR

5HIHUHQFLD
URVFD
[
[
[
[
$QFKXUDPLQPi[
GHOFDEOHSODQRPP

6.,1',&+7*03*/60600
5
AT
7XHUFDV+H[DJRQDOHVFRQXQDOWRJUDGRGHVHJXULGDG
5RVFD3*00
7VHUYLFLR&&
0HWiOLFDV
60600
3OiVWLFDV
*03*/
IM
7XHUFDVKH[DJRQDOHVUHIRU]DGDVFRQILEUDVGH
YLGULR*03*/
7XHUFDVKH[DJRQDOHVGHODWyQQLTXHODGR
5RVFDSJ
JPSJO
&yGLJR
JULV

7LSR
*03*/
*03*/
*03*/
*03*/
*03*/
*03*/
*03*/
*03*/
*03*/
*03*/
$QFKR
OODYHPP
&yGLJR

ES
&yGLJR
QHJUR
5RVFDSJ
VP
5RVFDPP
JPSJO
&yGLJR
QHJUR

&yGLJR
JULV
7LSR
*03*/0[
*03*/0[
*03*/0[
*03*/0[
*03*/0[
*03*/0[
*03*/0[
*03*/0[
7LSR
60
60
60
60
60
60
60
60
60
60
$QFKR
OODYHPP

5RVFDPP
VPP
$QFKR
OODYHPP
&yGLJR

7LSR
600[
600[
600[
600[
600[
600[
600[
600[
$QFKR
OODYHPP

6.,1',&+7050(
5
AT
5HGXFWRUHV\DPSOLDGRUHVGHKLORGHODWyQQLTXHODGR
5RVFD3*00137
05
IM
0(
053J5HGXFWRUHV3J

&yGLJR
+LORSJSJ
&yGLJR
+LORSJSJ

ES

0(3J$PSOLDGRUHV3J
050$HGXFWRUHVPP
0(0$PSOLDGRUHVPP
+LORPPPP
&yGLJR

&yGLJR
+LORPPPP

=V0003*$GDSWDGRUHVGHKLOR 0DPQSWDGDSWDGRUHVGHKLOR

&yGLJR
+LORPPSJ

PPSJ
PPSJ
PPSJ
PPSJ
PPSJ

&yGLJR
+LORPPQSW

PPQSW
PPQSW
PPQSW
6.,1',&+7%/
5
ES
IM
AT
7DSRQHV5RVFD00\3*GHODWyQQLTXHODGR
,3
5RVFD3*
%/3JFRQRULQJ
&yGLJR

5RVFD00
%/0FRQRULQJ
&yGLJR
+LORSJ

%/
%/
%/
%/
%/
%/
%/
%/
%/
%/

+LORPP
%/0
%/0
%/0
%/0
%/0
%/0
6,/9<1+&&
5
AT
7XERVGHSURWHFFLyQSDUDFDEOHDFDQDODGR
/LEUHGHKDOyJHQRV
IM
6LOY\Q+&&
(OWXERIDEULFDGRGHSROLDPLGDHVSHFLDOFRQDFDQDODGRV
SDUDOHORV6,/9<1+&&/LEUHGHKDOyJHQRVUHVLVWHQWHVD
DFHLWHV\JDVROLQDVFRQVLGHUDEOHPHQWHUHVLVWHQWHDiFLGRV\
VROYHQWHVQRLQIODPDEOHDXWRH[WLQJXLEOHPX\IOH[LEOHDOWD
UHVLVWHQFLDDODFRPSUHQVLyQ\EXHQDVSURSLHGDGHVGH
DEUDVLyQ
6,/9<1+&&5HVLVWHQWHDODUDGLDFLyQ89
ES
0DUJHQGHWHPSHUDWXUD&
$SOLFDEOH6LOY\Q'82
6LOY\QKFF
&yGLJR
&yGLJR
WXER
DFDQDODGR
6,/9<1+&&
GLiPHWURLQW
[GLiPHWUR
H[WPP
5DGLRGH
IOH[LyQ
PP
+&&
+&&
+&&
+&&
+&&

7LSRGHFRQHFWRU
SDUDWXERDFDQDODGR
6,/9<1+&&
'82
'82
'82
'82
'82
&21(&725(63$5$
78%266,/9<1+&&
3*'82

&yGLJR
7LSR
7XER
6LOY\Q+&&

'82
'82
'82
'82
'82
+&&
+&&
+&&
+&&
+&&
6,/9<15,//
5
IM
AT
7XERVGHSURWHFFLyQSDUDFDEOHDFDQDODGR
/LEUHGHKDOyJHQRV
(OWXERIDEULFDGRGHSROLDPLGDHVSHFLDOFRQDFDQDODGRV
SDUDOHORV6,/9<15,///LEUHGHKDOyJHQRVUHVLVWHQWHVD
DFHLWHV\JDVROLQDVFRQVLGHUDEOHPHQWHUHVLVWHQWHDiFLGRV\
VROYHQWHVQRLQIODPDEOHDXWRH[WLQJXLEOHPX\IOH[LEOHDOWD
UHVLVWHQFLDDODFRPSUHQVLyQ\EXHQDVSURSLHGDGHVGH
DEUDVLyQ
ES
0DUJHQGHWHPSHUDWXUD&
$SOLFDEOH6LOY\Q.OLFN*3:3)
6LOY\QULOO
7XER
DFDQDODGR
6,/9<15,//
&yGLJR
&yGLJR

5,//3$
5,//3$
5,//3$
5,//3$
5,//3$
5,//3$
5,//3$
5,//3$
'LiPHWURLQW
[GLiPHWUR
H[WPP
;
;
[
[
[
[
[
[
5DGLRGH
IOH[LyQ
PP

7LSRGHFRQHFWRU
SDUDWXERDFDQDODGR
6,/9<15,//
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
./,&.*3./,&.:3
&21(&725(66,/9<1
5
6,/9<15,//
5
AT
7VHUYLFLR&&
6,/9<1./,&.
5
6,/9<15,//
./,&.*000
6,/9<15,//3$
;PP

0
6,/9<15,//3$
;PP

3*

0
3*

0
3*

3*

ES
6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

./,&.*1137
IM
6,/9<15,//3$
;PP

./,&.*33*
0
3*

0
3*

0
3*

0
3*

0
3*

&21(&725(66,/9<1
5
6,/9<15,//
5
AT
7VHUYLFLR&&
6,/9<1./,&.
5
./,&.:000
6,/9<15,//3$
;PP

0
6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

6,/9<15,//3$
;PP

./,&.:1137

0
3*

0
3*

3*
ES
6,/9<15,//3$
;PP

./,&.:33*
IM
6,/9<15,//

0
3*

0
3*

0
3*

0
3*

0
3*

$&&(625,26%:.0
$&&(625,263$5$
&21(&725(6*3:3'82
&yGLJR&yGLJR
7LSR
AT
7VHUYLFLR&&
6,/9<1
%:.0
%:.0
%:.0
%:.0
%:.0
%:.0
ES
IM

6.,1723.0$7(;
5
AT
EDUFXHUSRGHSROLDPLGDHVSHFLDO
(O6.,1723.0HVXQSUHQVDFDEOHVGHPRQWDMH
XOWUDUUiSLGR \ VHJXUR SDUD LQVWDODFLRQHV HQ iUHDV
FODVLILFDGDV FRQ ULHVJR GH H[SORVLyQ QHJUR SDUD
VHJXULGDG DXPHQWDGD (([H D]XO SDUD VHJXULGDG
LQWUtQVHFD(H[L
7HPSHUDWXUDGHVHUYLFLR.0&&
IM
5RVFD00$7(;1(*52
'HVFULSFLyQ
5HIHUHQFLD
URVFD
ES
&yGLJR
QHJUR

.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

[
[
[
[
[
[
[
[
5RVFD00$7(;$=8/6(*85,'$',175,16(&$
'HVFULSFLyQ
&yGLJR
D]XO

.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
.0$7(;
5HIHUHQFLD
URVFD
0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP

[
[
[
[
[
[
[
[

6.,1723060$7(;
5
AT
EDUFXHUSRGHODWyQQLTXHODGR
7VHUYLFLR&&
(O 6.,1723 060 HV XQ SUHQVD FDEOHV GH
PRQWDMHXOWUDUUiSLGR\VHJXURSDUDLQVWDODFLRQHVHQ
iUHDV FODVLILFDGDV FRQ ULHVJR GH H[SORVLyQ SDUD
VHJXULGDGDXPHQWDGD(([H
ES
IM
5RVFD00
&yGLJR
'HVFULSFLyQ
5HIHUHQFLD
URVFD
0DUJHQ
DSULHWHPP
0
PP
&
PP
'
PP
060$7(;
0[

060$7(;
0[

060$7(;
0[

060$7(;
0[

060$7(;
0[

060$7(;
0[

060$7(;
0[

060$7(;
0[

6.,1',&+7%/0050$7(;
5
ES
IM
AT
7DSRQHV\UHGXFFLRQHV
,3
7DSRQHV5RVFD00
6NLQGLFK%/0$7(;
5
5HGXFFLRQHV5RVFD00
6NLQGLFK050$7(;
5
$7(;
$SURYDOQR
,,*'
1LFNHOSODWHGEUDVV
2ULQJ1%5
7HPS
,3
$7(;
$SURYDOQR
,,*'
1LFNHOSODWHGEUDVV
2ULQJ1%5
7HPS
,3
+LORPP
&yGLJR
5HGXFFLyQ
+LORPP

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;

[[
050$7(;

%/0$7(;;
&yGLJR

35(16$&$%/(6&03;;():
3UHQVDFDEOHVFRQDUPDGXUDWLSR():7UL6WDU6:$
IM
AT
():7UL6WDU7ULSOH&HUWLILFDFLyQ
=RQD=RQD=RQD\=RQD
*DV*URXSV,,$,,%,,&
([G,,&([H,,([Q5,,([W'$,3([G,([H,
FHUWLILFDFLRQHV
():%$6(()$%$6(;&8
((;G ((;H(Q(1(1
ES
3UHQVDFDEOHSDUDFDEOHDUPDGRVZD
7LSR
&yGLJR
6():5$ &036():
'LiPHWURFDEOH
%DMR$6REUH%
00137
DUPDGXUDDUPDGXUD
+,/2&
'
'LiPHWURGHO
DODPEUHGH
ODDUPDGXUD

&036():

():5$
&03():

6():5$
&036():

():5$
&03():

():5$
&03():

():5$
&03():

6():5$
&036():

():5$
&03():

6():5$
6():5$
&036():

():5$
&03():

6():5$
&036():

():5$
&03():

3DUDKLORVPLOLPpWULFRVHVSHFLILFDUKLORV
(M 000000

35(16$&$%/(6&03;;$)
ES
IM
AT
3UHQVDFDEOHVVLQDUPDGXUDWLSR$)7UL6WDU
$)7UL6WDU7ULSOH&HUWLILFDFLyQ
=RQD=RQD=RQD\=RQD
*DV*URXSV,,$,,%,,&
([G,,&([H,,([Q5,,([W'$,3([G,([H
FHUWLILFDFLRQHV
%63DUW$)%$6(()$$33529('%$6
(;&8(1(1
3UHQVDFDEOHSDUDPXOWLSDUHV
+,/2&

00137
'LiPHWUR
FDEOH
'
PP
&
PP

&03$)

$)5$
&03$)

$)5$
&03$)

$)5$
&03$)

6$)5$
&036$)

$)5$
&03$)

6$)5$
&036$)

$)5$
&03$)

7LSR
$)5$0
&03$)

6$)5$
&036$)

6$)5$
&036$)
$)5$
&yGLJR

3DUDKLORVPLOLPpWULFRVHVSHFLILFDUKLORV
(M 000000

AT
6,67(0$'(0$5&$&,1'(&$%/(6
)OH[LPDUN
'HVFULSFLyQ

6HWGHOHWUDVGHOD$DOD=
FDUDFWHUHVGHFDGDOHWUD

6HWGHQ~PHURVGHODO
FDUDFWHUHVGHFDGDQ~PHUR
IM
&yGLJR
&DUiFWHU
&yGLJR
&DUiFWHU
&yGLJR
&DUiFWHU

$
%
&
'

(
)
*
+
,
.
/
0
1
2
3
4
5

6
7
8
9
:
;
<
=

ES
&yGLJR

6XPLQLVWURFRQWHPSODFDUDFWHUHVSRUFDGDFyGLJR
&yGLJR
'HVFULSFLyQ

0DOHWDGHPDUFDMH)OH[LPDUN
6XPLQLVWURFRQWHPSODFDUDFWHUHVSRUOHWUD
Q~PHUR\VtPERORXQLGDGHVGHSRUWDUUyWXORV10\
XQLGDGHVGHDPDUUDVGHDFHURLQR[LGDEOH[PP
3RUWDUUyWXORV\DPDUUDVGHDFHURLQR[LGDEOH
&yGLJR

%06
'HVFULSFLyQ
1GHFDUDFWHU 3LH]DV
[SRUWDUUyWXOR [SDFN
10PP
10PP
10PP
10PP
$PDUUDV,QR[
[PP

ES
D
AT
IM
AT
IM
Cajas y Gabinetes
en Acero Inoxidable
ES
Cajas y estaciones de control
IM
AT
De acero inoxidable, ANSI 304, Junta de Poliuretano

Grado de Proteccin IP66 NEMA 4-4X-12
Placa de Montaje incluida para Serie DS
Estaciones de Control serie PS
ES
Accesorio para
montaje a muro
Cdigo Sp021
juego 2 piezas
Cdigo
PS
Cdigo
PS 01
PS 02
PS 03
80
80
80
Dimensiones mm
B
C
80
140
200
85
85
85
Cajas serie DS
Cdigo DS
DE 01
DE 04
DS 09
DS 16
DS 25
80
130
180
230
280
110
Dimensiones mm
B
C
80
140
200
260
320
85
85
125
125
150
Armarios ML, QLP, MV ANSI 304
IM
AT
Acero Inoxidable EN 1.4301 (ANSI 304)

Junta de poliuretano
Placa de Montaje incluida
ES
Cdigo Armario
Cdigo
ML
y QLP
111
Dimensiones mm
A
B
C
Placa de
montaje
X
Y
ML 034
ML 045
ML 056
ML 068
ML 610
300
400
500
600
600
400
500
650
800
950
200
200
250
250
300
250
340
450
550
550
345
445
595
745
895
QLP 46
QLP 68
450
600
600
800
400
400
390
540
540
750
Cdigo Armario
Cdigo
MV
Dimensiones mm
A
B
C
Placa de
montaje
X
Y
MV 034
300
400
200
250
345
MV 045
400
500
200
340
445
MV 056
500
650
250
450
595
MV 068
600
800
250
550
745
MV 610
600
950
300
550
895
Armarios QL (ANSI 316)
IM
AT

ES
Chapas con llave
Cdigo Armario
Cdigo
MV
Dimensiones mm
A
B
C
Placa de
montaje
X
300
450
200
270
390
QL 46/316
450
600
250
390
540
QL 67/316
600
750
250
540
690
QL 710/316
750
1000
300
690
940
QL 34/316
Cdigo
Cdigo
SG 226I
Para Serie ML, MV
QLP, QL y QL ATEX
Porta Plano Formato A4
Cdigo
SG 108
Para Serie ML, MV
QLP, QL y QL ATEX
Accesorio para montaje a muro juego 4 piezas
Cdigo
SP 025
Para Serie ML, MV
QLP, QL y QL ATEX
112
Armarios QLP ATEX
ES
IM
AT

Grado de Proteccin IP66
II 2 GD
113
Cdigo Armario
Cdigo
QL ATEX
QL45316EX
QL46316EX
QL67316EX
QL710316EX
Dimensiones mm
A
B
C
Placa de
montaje
X
Y
400
450
600
750
340
390
540
690
500
600
750
1000
250
250
250
300
445
540
690
940
Pupitres de control
ES
IM
AT
IP66 NEMA 4-4X-12
Pupitres Serie QP
Dimensiones mm
Cdigo
Cdigo
QP 800
QP 1000
808
1008
716
916
596
796
730
930
Calefactores Serie RH
Cdigo
Cdigo
RH 150
RH 250
RH 400
Potencia
(W)
Peso
(Kg)
Dimensiones
(mm)
150
250
400
0,8
0,95
1,3
220 x 70 x 50
178 x 80 x 80
252 x 80 x 80
Tensin de alimentacin
220 ... 230 VAC 50/60 Hz
114
AT
IM
/$&21(;,21
$/$6%8(1$6,'($6
ES
D
5
,1129$7,9(&211(&7,216
%RUQHVHQWUDGDIURQWDOPP
PP
9.9
$
PP
9.9
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
28 mm
&RORU
62,5 mm
&yGLJR
&RORU
&yGLJR
%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

27 mm
52 mm
62,5 mm
&yGLJR
&RORU
&RORU
&yGLJR
&RORU
&yGLJR
&RORU
64 mm
&yGLJR
&RORU
75 mm
&yGLJR
&RORU
&yGLJR
%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

28 mm

27 mm

53 mm
50 mm

53 mm
50 mm
&RORU
&yGLJR
&RORU

28 mm
27 mm
27 mm
52 mm
28 mm
PP
9.Y
$
28 mm
PP
9.9
$
ES
$QFKRGHODERUQDPP
PP

PP
9N9
$
28 mm
28 mm
PP
9N9
$
28 mm
6HJXULGDG\5DSLGH]
/LEUHGH0DQWHQFLyQ
%DMR&RVWR
/DFRQH[LyQDODVEXHQDVLGHDV
IM
,QQRYDFLRQHVVLJQLILFDVHJ~Q
GLFFLRQDULRV1RYHGDGHV
WpFQLFDVDYHFHVLQYHQWRV
TXHGHWHUPLQDQGHVDUUROORV
WpFQLFRV\TXHOOHJDQD
FRPHUFLDOL]DUVHFRQp[LWR
:DJRHVWiRUJXOORVRGHKDEHU
VLGRHOSURPRWRUHQHVH
VHQWLGRGHOD7pFQLFDGH
&RQH[LRQHVOLEUHVGH
PDQWHQFLRQHVDSRUWDQGROD
DOWHUQDWLYDDODFRQH[LyQSRU
WRUQLOORV/DWpFQLFDGH
FRQH[LRQDQGRSRUIOHMH
AT
,1129$7,9(&211(&7,216
64 mm
&yGLJR
&RORU
75 mm
&yGLJR
&RORU
&yGLJR

7DSD)LQDO

6HSDUDGRU

3XHQWH
$G\DFHQWH

([FHSWR

([FHSWR

([FHSWR
$&&(625,26
3XHQWH
$OWHUQDGR

([FHSWR

([FHSWR

([FHSWR

AT
,1129$7,9(&211(&7,216
(QVD\RGHFDtGDGHWHQVLyQ
3DUDGHWHUPLQDUODFDOLGDGGHXQDERUQDHVEiVLFRHO
HQVD\R GH FDtGD GH WHQVLyQ 6LUYH SDUD GHWHUPLQDU OD
FDOLGDGGHOSXQWRGHFRQH[LyQEDMRODVFRQGLFLRQHVGH
YLEUDFLRQHV FDPELRV GH WHPSHUDWXUD DWPyVIHUD
LQGXVWULDOQLHEODVDOLQD\JUDGRGHHVWDQTXHLGDGDOJDV
HQ HO SXQWR PLVPR GH FRQH[LyQ (O HQVD\R GH
FDOHQWDPLHQWR VH HPSOHD SDUD LQYHVWLJDU OD FRQH[LyQ
EDMR WHQVLyQ QRPLQDO EDMR VREUHWHQVLyQ \ EDMR
FRUWRFLUFXLWR
&DtGDGHWHQVLyQ
(Q HO JUiILFR HO HMHPSOR GH ERUQDV PP

$PXHVWUDHOFRPSRUWDPLHQWRGHODFDtGDGHWHQVLyQ
HQ HO WUDQVFXUVR GH ODUJRV LQWHUYDORV GH WLHPSR EDMR
WHPSHUDWXUDYDULDEOHHVGHFLUSHUPDQHFHFRQVWDQWHHO
YDORU\GDGRXQFRQWDFWRHVWDQFRDOJDV6HFRQHFWDQ
FRQGXFWRUHVIOH[LEOHVSRUHOORODGLVSHUVLyQGHODFDtGD
GHWHQVLyQHQFRQGXFWRUHVXQLILOLDUHV\FDEOHFLOORVHVWDQ
SHTXHxDTXHODVGLIHUHQFLDVHQHOHPSOHRGHODVERUQDV
VRQWRWDOPHQWHGHVSUHFLDEOHV
PP
9.9
$
PP
9.Y
$
PP
9.9
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
&yGLJR
&RORU
73,5 mm
&yGLJR
&RORU
&yGLJR
&RORU
&yGLJR
&RORU
&yGLJR
&yGLJR
73,5 mm
&RORU
&yGLJR
&RORU

([FHSWR

([FHSWR

&yGLJR
32,5 mm
&RORU
31,5 mm

74,5 mm
&yGLJR
&yGLJR
&RORU
93 mm
&yGLJR
&RORU
&yGLJR
%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

([FHSWR

&RORU
&RORU
%RUQHGHSDVRFRQGXFWRUHV

62 mm
&yGLJR
&yGLJR

86 mm

&RORU
93 mm

29 mm
59 mm
53 mm
&RORU

29 mm

29 mm
29 mm

74,5 mm
62 mm

32,5 mm
86 mm
32,5 mm
&RORU
29 mm
29 mm
29 mm
59 mm
53 mm
32,5 mm
$QFKRGHODERUQDPP
PP
PP
9.9
$
31,5 mm
$QFKRGHODERUQDPP
PP
PP
9.9
$
ES
PP
9.Y
$
29 mm
PP
9.9
$
IM

([FHSWR

([FHSWR

([FHSWR

([FHSWR
AT
,1129$7,9(&211(&7,216
$QFKRGHODERUQDPP
PP
78 mm
69 mm
&RORU
&yGLJR
&RORU

&RORU
&yGLJR

7DSD)LQDO
&RORU
&yGLJR
&RORU
7DSD)LQDO
3XHQWH

([FHSWR

3XHQWH

([FHSWR
6HSDUDGRU
$QFKRGHODERUQDPP
PP
3XHQWH

([FHSWR
86 mm
&yGLJR
&RORU
&yGLJR

$&&(625,26
7DSDGH
SURWHFFLyQ
$FFHVRULR
GHGHULYDFLyQ

3XHQWH
63 mm
$QFKRGHODERUQDPP
PP
63 mm
PP
9.Y
$
86 mm
'HVWRUQLOODGRU
Cdigo
285-635
285-634
285-992
53 mm
37,5 mm
104,5 mm
&RORU
100 mm
&yGLJR

3XHQWH

([FHSWR
&RORU
&yGLJR

7DSD)LQDO

3XHQWH
PP
9.Y
$
&RORU
3XHQWH
DG\DFHQWH
Color
Borna de paso, 2 conductores

7DSD)LQDO
6HSDUDGRU

&yGLJR

3XHQWH
&RORU

6HSDUDGRU

%RUQHOLEUHGH
PDQWHQFLyQ

PP
9
$:*
$
&yGLJR

94,5 mm
&yGLJR

3XHQWH

([FHSWR
&RORU
100 mm
ES
6HSDUDGRU

3XHQWH
&yGLJR

80 mm
7DSD)LQDO

3XHQWH
&RORU

79,5 mm
6HSDUDGRU
&yGLJR
23 mm
2
16 mm bei 35 mm mehrdrhtig
104,5 mm
37,5 mm
33,5 mm
33,5 mm
33,5 mm
78 mm
7DSD)LQDO
&RORU
125 A

69 mm
&yGLJR
Ancho de la borna 16 mm

&RORU
&yGLJR

$QFKRGHODERUQDPP
PP
IM
&yGLJR
$QFKRGHODERUQDPP
PP
94,5 mm
80 mm
37,5 mm
&RORU
79,5 mm

6 - 35 mm
1000 V/8 kV/3
53 mm
$QFKRGHODERUQDPP
PP
PP
9.9
$
37,5 mm
$QFKRGHODERUQDPP
PP
PP
9.Y
$
37,5 mm
$QFKRGHODERUQDPP
PP
37,5 mm
PP
9.9
$
33,5 mm
PP
9.9
$
33,5 mm
PP
9.Y
$
33,5 mm
PP
9.9
$

285-637
Incluida
6HSDUDGRU

([FHSWR
%RUQHVPP
PP
9.Y
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
87 mm
PP
9.Y
$
87 mm
%RUQHOLEUHGH
PDQWHQFLyQ
PP
9
$:*
$
94 mm
&RORU
94 mm
&yGLJR
&RORU
&yGLJR

$&&(625,26
3XHQWH
DG\DFHQWH

/ODYH
KH[DJRQDO

7DSDGH
SURWHFFLyQ

$FFHVRULR
GHGHULYDFLyQ

ES
%RUQHOLEUHGH
PDQWHQFLyQ

PP
9
$:*
$

IM

AT
,1129$7,9(&211(&7,216
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
101 mm
PP
9.Y
$
101 mm
PP
9.Y
$
107 mm
&RORU
107 mm
&yGLJR
&RORU
&yGLJR

$&&(625,26

/ODYH
KH[DJRQDO

7DSDGH
SURWHFFLyQ

3XHQWH
DG\DFHQWH
$FFHVRULR
GHGHULYDFLyQ

%RUQHVHQWUDGDIURQWDOPP 723-2% 6

$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
&RORU
33 mm
PP
9.9
$
33 mm
PP
9.9
$
33 mm
PP
9.9
$
48,5 mm
59,5 mm
&yGLJR
&RORU
70 mm
&yGLJR

7DSD)LQDO\
6HSDUDGRU
3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD

3
3
3
3
3

3XHQWH
$OWHUQDGR

3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
&yGLJR

ES

&RORU

IM

3XHQWH
$G\DFHQWH
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
&RORU
33 mm
PP
9.9
$
33 mm
PP
9.Y
$
33 mm
PP
9.9
$
52,5 mm
65,5 mm
&yGLJR
&RORU
&yGLJR

3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
3XHQWH
$OWHUQDGR
3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
3
3
3
3
3

&RORU
79 mm
&yGLJR

D
7DSD)LQDO\
6HSDUDGRU
3XHQWH
$G\DFHQWH
AT
,1129$7,9(&211(&7,216

%RUQHVHQWUDGDIURQWDOPP 723-2% 6

AT
,1129$7,9(&211(&7,216
PP
9.9
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
57,5 mm
&RORU
37 mm
37 mm
PP
9.9
$
33 mm
PP
9.Y
$
33 mm
PP
9.9
$
73,5 mm
&yGLJR
&RORU
68 mm
&yGLJR
&RORU
&yGLJR

7DSD)LQDO\
6HSDUDGRU
3XHQWH
$OWHUQDGR

3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
ES
3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
37 mm
PP
9.Y
$
37 mm
PP
9.9
$
70 mm
&RORU
92 mm
&yGLJR
&RORU
&yGLJR

3XHQWH
$G\DFHQWH

3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
3XHQWH
$OWHUQDGR
&yGLJR

3XHQWH
$G\DFHQWH
7DSD)LQDO\
6HSDUDGRU
&RORU

IM

89 mm
3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD

%RUQHV\SLVRVPP 723-2% 6

AT
,1129$7,9(&211(&7,216
&RORU
&yGLJR

7DSD)LQDO

6HSDUDGRU

3

3

3
3

3

3XHQWH
$OWHUQDGR

3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
55 mm
&yGLJR
&RORU
70 mm
&yGLJR
&RORU
PP
9N9
$
$QFKRGHERUQDPP
PP
40 mm
40 mm
49 mm

PP
9N9
$
$QFKRGHERUQDPP
PP
91 mm
&yGLJR
&RORU
106 mm
&yGLJR
&RORU
&yGLJR

1/

1/

3

3

3

3

3

3

3

3

3

3

3
3

3
3

3
3

3
3

3
3

3

3

3

3

3

ES
3XHQWHVQRDSOLFDEOHV
DERUQHVGHWLHUUD
PP
9N9
$
$QFKRGHERUQDPP
PP
IM
27,5 mm
27,5 mm
44,5 mm
3XHQWH
$G\DFHQWH
PP
9N9
$
$QFKRGHERUQDPP
PP
27,5 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
%251(6\3,626
5,(/',1
52,5 mm
%251(6\(175$'$6
5,(/',1

%RUQHVHQWUDGDODWHUDOPP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
PP
9.9
$
PP
9.9
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
42,5 mm
28 mm
37
28 mm
32,5
mm
30,5 mm
30,5 mm
$QFKRGHODERUQDPP
PP
42,5 mm
&yGLJR
&RORU
PP
9.Y
$
53 mm
46,5
mm
42,5 mm
&yGLJR
&RORU
&yGLJR
&RORU
28 mm
45,5
mm
PP
9.9
$
28 mm
41,5
mm
PP
9N9
$
IM
PP
9N9
$
AT
,1129$7,9(&211(&7,216
&RORU
53 mm
52
&yGLJR
53 mm
58
&yGLJR
&RORU
&yGLJR
&RORU
%RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV

7DSD)LQDO

6HSDUDGRU

ES
$&&(625,26

3XHQWH
$G\DFHQWH

3XHQWH
$OWHUQDGR

PP
9.9
$
PP
9.9
$
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
$QFKRGHODERUQDPP
PP
28 mm
37
30,5 mm
42,5 mm
&RORU
42,5 mm
&yGLJR
&RORU
&yGLJR
53 mm
46,5
mm
42,5 mm
&RORU
28 mm
45,5
mm
PP
9.Y
$
28 mm
41,5
mm
PP
9.9
$
28 mm
32,5
mm
PP
9N9
$
30,5 mm
PP
9N9
$
&yGLJR
&RORU
53 mm
52
&yGLJR
&RORU
53 mm
58
&yGLJR
&RORU
&yGLJR
%RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV

$&&(625,26
7DSD)LQDO

6HSDUDGRU

%RUQHV\SLVRVPP
AT
,1129$7,9(&211(&7,216
%251(63,626
5,(/',1

PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&RORU
&yGLJR
&yGLJR

7DSD)LQDO
7DSD)LQDO

6HSDUDGRU

3XHQWHDG\DFHQWH

3XHQWHDG\DFHQWH

3XHQWHDOWHUQDGR
3XHQWHDOWHUQDGR

PP
9N9
$
$QFKRGHERUQDPP
PP
&yGLJR
&RORU
&yGLJR

7DSD)LQDO

3XHQWHDG\DFHQWH

3XHQWHDG\DFHQWH

3XHQWHDOWHUQDGR
3XHQWHDOWHUQDGR

ES

&RORU
7DSD)LQDO

6HSDUDGRU
PP
9N9
$
$QFKRGHERUQDPP
PP
IM
PP
9N9
$
$QFKRGHERUQDPP
PP

%251(63,626
5,(/',1
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU

&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR

7DSD)LQDO
7DSD)LQDO

6HSDUDGRU
7DSD)LQDO

7DSD)LQDO

6HSDUDGRU
6HSDUDGRU

3XHQWHDG\DFHQWH

3XHQWHDG\DFHQWH

3XHQWHDG\DFHQWH

3XHQWHDG\DFHQWH

3XHQWHDOWHUQDGR
3XHQWHDOWHUQDGR
3XHQWHDOWHUQDGR
3XHQWHDOWHUQDGR

%RUQHV6HFFLRQDEOHVPP
AT
,1129$7,9(&211(&7,216
%251(66(&&,21$%/(6\PP
5,(/',1

PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
IM
89 mm
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
37 mm
28,5 mm
28,5 mm
69,5 mm
&RORU
PP
9N9
$
$QFKRGHERUQDPP
PP
37 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
85 mm
&yGLJR
&RORU
87,5 mm
&yGLJR
&RORU
&yGLJR

7DSD)LQDO

7DSD)LQDO
7DSD)LQDO

3XHQWH

7DSD)LQDO

3XHQWH
3XHQWH

ES

%251(66(&&,21$%/(6PP
5,(/',1
53 mm
&RORU
PP
9N9
$
$QFKRGHERUQDPP
PP
59 mm
&yGLJR
&RORU
73,5 mm
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
47,5 mm
47,5 mm
46,5 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
47,5 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
&RORU
86 mm
&yGLJR

7DSD)LQDO
7DSD)LQDO

6HSDUDGRU
7DSD)LQDO

6HSDUDGRU
6HSDUDGRU

7DSD)LQDO

6HSDUDGRU

IM
AT
,1129$7,9(&211(&7,216
)81&,21$0,(172
3$62$3$62
%RUQHOLEUHGH
PDQWHQFLyQ
PP
9
$:*
$
ES
%RUQHOLEUHGH
PDQWHQFLyQ
PP
9
$:*
$
%RUQHOLEUHGH
PDQWHQFLyQ
PP
9
$:*
$
%RUQHOLEUHGH
PDQWHQFLyQ

PP
9
$:*
$

,1129$7,9(&211(&7,216
75,)6,&23$5$
75$16)250$'25'(&255,(17(
N
IM
33
3

3

AT
0212)6,&23$5$
75$16&255,(17(
33

3

ES
[
[
[
[
0212)6,&23$5$
75$167(16,1
75,)6,&23$5$
75$16)250$'25'(&255,(17(<
N
O
N
N3
3

3

[
[
[
33
33

3

[
[
[
[
[
[
[
[

,1129$7,9(&211(&7,216
122 mm
&yGLJR

7DSD)LQDO

6HSDUDGRU

3LH]DGH
EORTXHR

%DUUDGH
DFRSOH

3XHQWH

3

3

3
3

3

3

3

&yGLJR
&RORU
&yGLJR

74 mm
122 mm
&RORU
&yGLJR

PP
9N9
$
$QFKRGHERUQDPP
PP
122 mm

3

3

3
3

3

3

3

ES
7DSD
WUDQVSDUHQWH
&RORU
122 mm

&RORU
&yGLJR

IM
&RORU
PP
9N9
$
$QFKRGHERUQDPP
PP
AT
122 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
74 mm
74 mm
75 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
75 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
PP
9N9
$
$QFKRGHERUQDPP
PP
46,5 mm
37,5 mm
PP
9N9
$
$QFKRGHERUQDPP
PP
98 mm
89 mm
&RORU
&yGLJR
&RORU
&yGLJR

7DSD)LQDO

3XHQWH
DG\DFHQWH
3

3

3
3

3

3LH]DGH
EORTXHR
3LH]DGH
DFRSOH

3

3

3
3
$GMDFHQW /RFNRXW
MXPSHUIRU GHYLFH
VZLWFKLQJ
OHYHU
3
3

3

3
3

3

3

3

3
3

/RFNRXW
GHYLFH
F
&RXSOLQJ
GHYLFH
-XPSHU
7UDQVYHUVHVZLWFKLQJWHUPLQDOEORFN
&RXSOLQJ
GHYLFH
-XPSHU
-XPSHU
LQGLVFRQQHFW
SRVLWLRQ
/RQJLWXGLQDOVZLWFKLQJ
GLVFRQQHFWWHUPLQDOEORFN
3XHQWH

ES
3XHQWH
(VSHFLDO
,Q$
IM

AT
,1129$7,9(&211(&7,216

%RUQHVSRUWDIXVLEOHV
,QGLFDFLyQGHIDOODVGH
IXVLEOHVSRU/('R
OiPSDUDGHQHyQ
FRQH[LyQIURQWDOGHORV
FRQGXFWRUHV
IM
3RVLELOLGDGHVGH
GLVSRQHUGHXQIXVLEOH
GHUHVHUYDGHQWURGHO
SRUWDIXVLEOHV
/DSRVLFLyQDELHUWDGHO
SRUWDIXVLEOHVVH
PDQWLHQHILMDDXQHQ
PRQWDMHVYHUWLFDOHV
AT
,1129$7,9(&211(&7,216
PP
9N9PD[
$PD[
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
&RORU
&yGLJR
&RORU

PP
9N9
$
$QFKRGHERUQDPP
PP
&yGLJR
3RUWDIXVLEOH
)XVLEOH[PP
3RUWDIXVLEOHHQFKXIDEOH
3RUWDIXVLEOHEDVFXODQWHV
)XVLEOH[PPPPGHDQFKR )XVLEOH[PP
6LQLQGLFDFLyQGHIDOOD
ES

PP
9N9
$7$))7
$QFKRGHERUQDPP
PP
9PD[
$7$))7
&RQLQGLFDFLyQGHIDOOD
)XVLEOH[/(''&9
FRQ/('$&'&9

&RQQHyQ$&'&9
&RQQHyQ$&'&9
&RQQHyQ$&'&9
$&&(625,26
FRQ/('$&'&Y

&RQQHyQ$&'&9

$&&(625,26

&RQQHyQ$&'&9

$&&(625,26
7DSDILQDO

7DSDILQDO

3XHQWHFRQWLJXR

7RSHILQDO

3XHQWHFRQWLJXR

$GDSWDGRUSDUD
SUXHEDV

7RPDGH
SUXHEDV

$GDSWDGRUGH
SUXHEDV
%251$%$6( FRQG
FRQG
FRQG

FRQ/('$&'&9

&RQQHyQ$&'&9

&RQQHyQ$&'&9

$&&(625,26
7DSDILQDO

6HSDUDGRU

7RPDGHSUXHEDV

%RUUDGHEORTXHR
SDUDYDULRVSRUWDIXVLEOHV
PORQJLWXG
7$3$),1$/ FRQG )86,%/(6

P$
FRQG
P$
FRQG
$
$
3(,1(6
SRORV
$
SRORV
$
SRORV $

&RQQHyQ$&'&9

&yGLJR
3257$)86,%/(6

&RORU
%RUQHSLVRVSDUDSRUWDIXVLEOH
[PP
)86
)86
)86
)86
)86
)86
)86
2EVHUYDFLyQHQWUHFDGDERUQH
VHGHEHFRORFDU
VHSDUDGRU
0LQLERUQHV\%RUQHV$SLODEOHVPP
AT
,1129$7,9(&211(&7,216
%251(6PP %251(6PP
',1
',1
&RORU
&yGLJR
[PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
[PP
9N9
$
$QFKRGHERUQDPP
PP
PP
IM
PP
9N9
$
$QFKRGHERUQDPP
PP
&RORU
&yGLJR
&RORU
&yGLJR

7DSD)LQDO
7DSD)LQDO

3XHQWH
3XHQWH
7DSD)LQDO

3XHQWH

3XHQWH

ES

7DSD)LQDO

%251(6$3,/$%/(6\PP
[PP
9N9
$
$QFKRGHERUQDPP
PP
PP
9N9
$
$QFKRGHERUQDPP
PP
13RORV
&yGLJR
13RORV
&yGLJR
PP
9N9
$
$QFKRGHERUQDPP
PP
13RORV
&yGLJR
[PP
9N9
$
$QFKRGHERUQDPP
PP
13RORV
&yGLJR

;&RP6\VWHP%RUQHVFRQHQFKXIHV
PP $:*

9N99$
9N9
$

$QFKRGHODERUQDPP
PP
9N9
9 $
9N9
$
$QFKRGHODERUQDPP
PP
&yGLJR
&RORU
AT
,1129$7,9(&211(&7,216

PP
PP

PP
PP

ES
,1$
SDVRD
SDVRD
SDVRD
SDVRD
SDVRD
,1$
SDVRD
SDVRD
SDVRD
SDVRD
SDVRD
9 N9

$9$
$QFKRGHODERUQDPP
PP
&RORU
&yGLJR
3
3
3

3
3
3

3
D3
D3
D3
D3
$QFKRGHODERUQDPP
PP
&RORU

&yGLJR

PP
PP

PP PP $:*
&yGLJR
IM

&RORU
PP $:*
9N99$
9N99$
$

,1$
SDVRD
SDVRD
SDVRD
SDVRD
SDVRD

&RQHFWRUHVSDUDFLUFXLWRVGHFRQWURO
,1129$7,9(&211(&7,216
1GHSRORV&yGLJR
3
3
3
3
3

3

3
3
3
3
1GHSRORV&yGLJR
&RQHFWRUHVPDFKR
IM
&RQHFWRUHVDpUHRVGREOHVSDUDFDUULO
',1JULV
AT
&RQHFWRUHVPDFKR
3DVRPPLQJULV
PP$:*
9NY9$
$9$
PPLQ
&RQHFWRUHV DpUHRV GREOHV FRQ

ILMDFLyQ SDUD FDUULO ',1
3DVR PP LQ JULV
9 9 $
$ 9 $

3
3
3
3
3

3

3
3
3
3

&RQHFWRUHVKHPEUD
3DVRPPLQJULV
PP$:*
9NY9$
$9$
PPLQ
ES
7HUPLQDOUHFWR[PP
3DVRPPLQJULV
9.99$
$9$
'LUHFFLyQYHUWLFDOGHOHQFKXIH
&yGLJR
&yGLJR
1GHSRORV
&yGLJR
+HPEUD
+HPEUD
0DFKR
+HPEUD

&yGLJR
1GHSRORV
3
3
3
3
3

3

3
3
3
3

3
3
3
3
3
3
3
3
3
3
3
3

&RQHFWRUHVSDUDFLUFXLWRVLPSUHVRV
,1129$7,9(&211(&7,216
&RQHFWRUHVGREOHSLQSDUD &yGLJR
FLUFXLWRVLPSUHVRV
IM
&RQHFWRUHVGREOHSLQSDUD &yGLJR
FLUFXLWRVLPSUHVRV
&RQHFWRU GREOH SLQ

3DVR PP PPLQ
PP 9
9 $

PPLQ
AT
&RQHFWRU GREOH SLQ

3DVR PP PPLQ
PP 9
9 $

PPLQ
FRORUJULV
FRORUD]XO

FRORUJULV
FRORUD]XO

WDSDILQDOFRORUJULV
WDSDILQDOFRORUD]XO

WDSDILQDOFRORUJULV
WDSDILQDOFRORUD]XO

ES
&RQHFWRU GREOH SLQ

3DVR PP PPLQ
PP
9 $

PPLQ
&RQHFWRUHVGREOHSLQSDUD
FLUFXLWRVLPSUHVRV
1GHSRORV&yGLJR

0DUFDV
,1129$7,9(&211(&7,216
,PSUHVLyQKRUL]RQWDOYHUWLFDO
1XPHUDFLyQFRUUHODWLYDSRUWLUD
GHDQFKR
PP
,PSUHVLyQ
9HUWLFDO
&yGLJR
,PSUHVLyQ
SRUWDUMHWD
,PSUHVLyQ
+RUL]RQWDO
&yGLJR
,PSUHVLyQ
9HUWLFDO
&yGLJR
[
[
[
[
[
[
[
[
[
[

[
[
[
[
[
[
[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[
[
[
[
[

[
[
[
[
[
[
[
[

[
[
[
[
[

[
[
[
[
[

))[
))[
))[
))[
))[

))[
))[
))[
))[
))[

7DUMHWDYLUJHQ
7DUMHWDGHDFXHUGR
DHVSHFLILFDFLRQHV
WpFQLFDV

7DUMHWDYLUJHQ
7DUMHWDGHDFXHUGR
DHVSHFLILFDFLRQHV
WpFQLFDV

ES
IM
,PSUHVLyQ
+RUL]RQWDO
&yGLJR
,PSUHVLyQ
SRUWDUMHWD
1RWD0DUFDVFRQWLQXDVSDUDVHULHV
PDUFDMHLQGLYLGXDOVHULH

1RWD0DUFDVFRQWLQXDVSDUDVHULHV\
0DUFDVYLUJHQGHFRORUHV

7DUMHWDGHDFXHUGRD
HVSHFLILFDFLRQHVWpFQLFDV
SDUDERUQDVVHULH
AT
,PSUHVLyQKRUL]RQWDOYHUWLFDO
GHDQFKR
PP
7DUMHWDGHDFXHUGRD

,PSUHVLyQ
SRUWDUMHWD

[
[
[
[
[
[
[
[
[
[
&yGLJR

[

7DUMHWDYLUJHQ

7DUMHWDGHDFXHUGRD
$FFHVRULRV
7RSH GH ILMDFLyQ VLQ WRUQLOORV

SDUD FDUULOHV ',1
PP LQ DQFKR
SDUD FDUULOHV ',1
PP LQ DQFKR
:$*2 SRUWDUURWXORV GH JUXSR

DMXVWDEOHV HQ DOWXUD
&yGLJR

7RSH ILQDO SDUD

',1
PP DQFKR

PP DQFKR

&yGLJR
3RUWDURWXOR GH JUXSR
DMXVWDEOH HQ DOWXUD
YiOLGR SDUD WRSH ILQDO

$WRUQLOODGRUHV V',1 SDUD

HO DFFLRQDPLHQWR ySWLPR GH
ERUQDV \ FRQHFWRUHV FRQ
FRQH[LyQ &$*( &/$03 &/(0$
&(32

FRQH[LyQ &$*( &/$03 &/(0$
&(32
$WRUQLOODGRU FRUWH
SDOD [ PP

$WRUQLOODGRU WLSR

SDOD [ PP

$WRUQLOODGRU WLSR

SDOD [ PP

$WRUQLOODGRU FRUWR
iQJXOR SDOD
[ PP
'HWHFWRU PDJQpWLFR GH

WHQVLyQ
9 9$&
&yGLJR
&yGLJR

&yGLJR
6RSRUWH LQFOLQDGR VLQ WRUQLOORV

7660
3HLQH GH DFFLRQDPLHQWR GH

PDWHULDO DLVODQWH
&yGLJR
&yGLJR

&RQ HWLTXHWD GH FDUWXOLQD \ XQD

SODTXLWD GH SURWHFFLyQ WUDQVSDUHQWH
FROXPQD DQH[D
$WRUQLOODGRU WLSR

SDOD [ PP
6RSRUWH D 5LHO ',1
0DUFD WLSR 3LYRWH

PP
&RQ HWLTXHWD GH FDUWXOLQD \ XQD

SODTXLWD GH SURWHFFLyQ WUDQVSDUHQWH
FROXPQD DQH[D
&yGLJR
6RSRUWH LQFOLQDGR PHWiOLFR HQ

JUDGRV GH KLHUUR HVWDxDGR
&yGLJR
ES

FRQH[LyQ &$*( &/$03 &/(0$
&(32
:$*2 SRUWDUURWXORV GH JUXSR

7LSR SLYRWH
IM
7RSH ILQDO SDUD

',1
AT
,1129$7,9(&211(&7,216

6HW GH
GHVWRUQLOODGRUHV
WLSR
&yGLJR

SROR
SRORV
SRORV
SRORV
SRORV
SRORV
SRORV
SRORV
SRORV
SRORV
6HULH
6HULH

6LVWHPDGHPDUFDMHGHDPP
,1129$7,9(&211(&7,216
0DUFDGRU GH PP GH ODUJR OLEUH

GH KDOyJHQRV SDUD GLiPHWURV GH
FDEOH
PP D PP

PPPP
AT

GH KDOyJHQRV SDUD GLiPHWURV GH
FDEOH
PP D PP

PPPP
&RQGXFWRU2PP

PP

&RQGXFWRU2PP

PP

&RQGXFWRU2PP

PP

&RQGXFWRU2PP
PP

&RQGXFWRU2PP

PP

&RQGXFWRU2PP

PP

&RQGXFWRU2PP

PP

&RQGXFWRU2PP
PP
ES
7DUMHWDGH
PDUFDV
&yGLJR
IM
&yGLJR
7DUMHWDGH
PDUFDV

GH KDOyJHQRV
0DUFDGRUPPGHODUJR
7DUMHWDGH
PDUFDV
&yGLJR

%DUUDVGHGLVWULEXFLyQPPDPP
,1129$7,9(&211(&7,216
PP
9N9
$
6RSRUWHGHEDUUD
PP
41,7 mm
30 mm
49,5 mm
PP
43
,5
mm
mm
,5
&yGLJR
&RORU
%ORTXHWHUPLQDOPP
80 mm
38 m
&yGLJR
&RORU
%ORTXHWHUPLQDOPP

IM

&yGLJR
6RSRUWHEDUUD

%DUUDGHFREUH
[[PP
49,5 mm
30 mm
%DUUDGHFREUH
[[PP
27
ES
36 mm
27
75 m
&RORU
AT
PP
9N9
$
,5
mm
mm
&RORU
43
,5
75 m
&yGLJR
&RORU
%ORTXHWHUPLQDOGHWLHUUDPP
38 m
54,5 mm
&yGLJR
&RORU
%ORTXHWHUPLQDOGHWLHUUDPP 6RSRUWHEDUUD

%DUUDGHFREUH
[[PP
%DUUDGHFREUH
[[PP
&yGLJR

&RQHFWRUHVSRUUHVRUWHGHSUHVLyQ
,1129$7,9(&211(&7,216
&21(&725(63$5$&$%/(6/,'2PP $:*
*ULV
&yGLJR
&yGLJR
&yGLJR
&yGLJR
FRQG
FRQG
FRQG
FRQG

&yGLJR
FRQG
IM
&RORU
AT

ES
&21(&725(681,1&$%/(6/,'2)/(;,%/(

PP $:*
&RORU
&yGLJR
&yGLJR
&
&
1HJUR
&
&
*ULV
&yGLJR
&

&RQHFWRUHVSRUUHVRUWHGHSUHVLyQ
&RQHFWRUHV\SRORV

[PP HI
PPI
9NY
$:*
$
9$

PPLQ
ES
IM
&21(&725(63$5$&$%/(62/,'2

<)/(;,%/(PP PP
76HUYLFLR&
AT
,1129$7,9(&211(&7,216
&yGLJR
&yGLJR
3
3
&RQHFWRUHVSRORV
[PPHI
PPI
9NY
$:*
$
9$

PPLQ
&yGLJR
3

5HOpVGH&RQWURO6HULH
AT
,1129$7,9(&211(&7,216
5HOp
1$1&
&yGLJR
1$
&yGLJR
1&
&yGLJR
,19
&yGLJR
,19

ES
9'&
9'&
9'&
9$&
9$&
IM
7HQVLyQGH6HUYLFLR
5HOp
LQYHUVRULQYHUVRUHV
5HOp
LQYHUVRULQYHUVRUHV
&yGLJR
,19
&yGLJR
,19

&yGLJR
%DVH,19
&yGLJR
%DVH,19

'DWRVWpFQLFRV
0DWHULDOGHFRQWDFWR
7HQVLyQPi[LPDGHFRQH[LyQ
0i[LPDFRUULHQWHGHSDVR
$J1L
$J1L
$J1L
9'&9$&
9'&9$&
9'&9$&
$
$
7HQVLyQGHSUXHED
9
99
9
&RQWDFWR%RELQD
&RQVXPRERELQDD&
P$9'&
P$
0D[P$9'&
5DQJRGHWHPSHUDWXUD
&&
&&
&&
$
9LGDPHFiQLFDEDMRPi[
FDUJDyKPLFDRSHUDFLRQHV
[
[
[
'LPHQVLRQHVUHOpPP
[[
[[[[
[[[[
'LPHQVLRQHVEDVHPP

5HOpVGH&RQWURO
AT
,1129$7,9(&211(&7,216

,QYHUVRUHV

,QYHUVRUHV
$
$

IM

,QYHUVRUHV
$

$

$

$

$

$

ES

$
'DWRVWpFQLFRV
7HQVLyQGHVHUYLFLR
0DWHULDOGHFRQWDFWR
7HQVLyQGHSUXHED
&RQWDFWR%RELQD
&RQVXPRERELQDD&
5DQJRGHWHPSHUDWXUD
9LGDPHFiQLFDEDMRPi[
9'&
9'&
9'&
$J1L+9
$J1L+9
$J1L+9
'&9$&9$
'&9$&9$
'&9$&9$
$
$
$
.9
.9
.9
P$
P$
P$
&&
&&
&&
[
[
[
[[PP
[[PP
[[PP
'LPHQVLRQHVUHOpPP

5HOpVGH&RQWURO6HULHPP
AT
,1129$7,9(&211(&7,216
5HOpV,QYHUVRU

PP $:*
IM
5HOpV,QYHUVRU
PP$:*
&RUULHQWHERELQD
&yGLJR
&yGLJR
9'&
P$

9'&
P$

9'&
P$

9'&
P$

9'&
P$

9$&
P$

9$&
P$

9$&
P$

ES
7HQVLyQGHVHUYLFLR
'DWRVWpFQLFRV
0DWHULDOGHFRQWDFWR

8Q
D
,QGLFHGHSURWHFFLyQ
'LPHQVLRQHVUHOpPP
3HVRJU

,QGLFDGRU
$,QY$,QY
7HQVLyQGHERELQD
9LGDPHFiQLFDEDMRPi[
$G\DFHQWH
$OWHUQDGR
9$&
9
5DQJRGHWHPSHUDWXUD
3XHQWHV
$J1L
7HQVLyQGHSUXHED
&RQVXPRERELQDD&
$FFHVRULRV
9'&
9'&
9'&
9$&
9$&
9$&
0D[P$9'&

5HOH
&&

;
,3
[[

WHQVLyQ
,QY
,QY
9'&
9'&
9'&
9'&
9'&
9$&
9$&
9$&

%DVH5HOpPD[9$&
LQYHUVRU
LQYHUVRUHV

5HOpVGH&RQWURO6HULHPP
AT
,1129$7,9(&211(&7,216
7HQVLyQGH6HUYLFLR
IM
5HOp
LQYHUVRU
&yGLJR

ES
9'&
9'&
9'&
9$&'&
9$&'&
9$&'&
9'&
9$&'&
9'&
'DWRVWpFQLFRV
0DWHULDOGHFRQWDFWR
7HQVLyQGHSUXHED
$FFHVRULRV
3XHQWHV
$J6Q2
3DVR
3DVR
3DVR
3DVR

3DVR
9$&
$
9
&RQWDFWR%RELQD
&RQVXPRERELQDD&
5DQJRGHWHPSHUDWXUD
9LGDPHFiQLFDEDMRPi[
'LPHQVLRQHVUHOpPP
0D[P$9'&
&&

;
[[
0DUFDV
[
[
[
[
[
[
..
..
%ODQFR
7DSDILQDO

0yGXORVFRQ5HOpV-XPSIOH[6HULH
,1129$7,9(&211(&7,216
9'&
9'&
9'&
9'&
9$&9'&
9$&9'&
9$&9'&
7HQVLyQGH6HUYLFLR

&yGLJRDFFHVRULRUHOp

ES
9'&
9'&
9'&
9'&
9$&9'&
9$&9'&
9$&9'&
&yGLJRUHOp
IM
7HQVLyQGH6HUYLFLR
AT
5HOp
LQYHUVRU
7HQVLyQGH6HUYLFLR
0DWHULDOGHFRQWDFWR
7HQVLyQGHSUXHED
)LJXUD
$J6Q2
&yGLJR
3DVR
3DVR
3DVR
3DVR

3DVR
9$&
$
9
&RQWDFWR%RELQD
&RQVXPRERELQDD&
5DQJRGHWHPSHUDWXUD
9LGDPHFiQLFDEDMRPi[
'LPHQVLRQHVUHOpPP
0D[P$9'&
&&

;
[[

[

[
[
[
[
[
%ODQFR
3DUDLPSUHVLyQ
7UDQVGXFWRUHV-XPSIOH[6HULH
,1129$7,9(&211(&7,216
AT
-XPSOH[6HULH
8QDFRPSOHWDJDPDGHSURGXFWRVSDUD
FRQYHUWLUVHxDOHV
'HVFULSFLyQ
$PSOLILFDGRUDLVODGRU
$LVODGRUSRVLWLYR
$LVODGRUGHDOLPHQWDFLyQ
5HSHWLGRUGHVDxDOHV
&RQYHUWLGRUGHPHGLGDVSDUDPLQLYROWLRV
/LPLWDGRUHLQWHUUXSWRUGHVHxDO
&RQYHUWLGRUGHPHGLGDGHWHPSHUDWXUDSDUD57'
&RQYHUWLGRUGHPHGLGDGHWHPSHUDWXUDSDUD
WHUPRSDU
IM
$QFKRGHPRQWDMH
7HQVLyQGHSUXHED
(UURUGHWUDQVPLVLyQ
WHQVLyQGHDOLPHQWDFLyQ
5DQJRGHWHPSHUDWXUD
PP
N9$&+]PLQ
!GHOYDORUILQDO
99
&&
ES
+RPRORJDFLRQHV
&DUDFWHUtVWLFDV
WpFQLFDV
5HVLVWHQFLDGHFDUJD

$LVODGRUGHDOLPHQWDFLyQ
3RU6ZLWFK
P$P$99
99
P$P$
P$P$
P$P$99
99
P$P$
P$P$99
99

D
6HxDOGHVDOLGD
$PSOLILFDGRUDLVODGRU
3RU6ZLWFK
&RQILJXUDFLyQ
6HxDOGHHQWUDGD

$PSOLILFDGRUDLVODGRUFRQILJXUDEOH
+]!.K]
+]
+].K]
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
9'&
'LPHQVLRQHV
[[PP
[[PP
[[PP
)UHFXHQFLDOtPLWH

7UDQVGXFWRUHV-XPSIOH[6HULH
&DUDFWHUtVWLFDV
WpFQLFDV
AT
,1129$7,9(&211(&7,216

$PSOLILFDGRUDOLPHQWDFLyQ+$57
'XSOLFDGRUGHVHxDO
&RQILJXUDFLyQ

$LVODGRUSDVLYR
3RU6ZLWFK
6LQ6ZLWFK
P$
P$P$99
99
P$P$
6HxDOGHVDOLGD
P$
[P$P$
P$P$
[

+]VHxDO!.K]+$57
+]!.K]
+]
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
'LPHQVLRQHV
[[PP
[[PP
IM
6HxDOGHHQWUDGD
5HVLVWHQFLDGHFDUJD
ES
)UHFXHQFLDOtPLWH
&DUDFWHUtVWLFDV
WpFQLFDV

&RQYHUWLGRUSDUD57'
&RQILJXUDFLyQ
6HxDOGHHQWUDGD

&RQYHUWLGRUSDUD7HUPRSDU
3RU6ZLWFK
3RU6ZLWFK
3W3W3W3W
NN
7HUPRFXSODWLSR-.
P$P$9
999P$P$
P$P$9
999P$P$
&RQH[LyQGHOVHQVRU
FRQGXFWRUHV
5DQJRGHPHGLFLyQ
&&
7LSR-&&
7LSR.&&

7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
'LPHQVLRQHV
[[PP
[[PP
6HxDOGHVDOLGD
5HVLVWHQFLDGHFDUJD

[[PP
2SWRDFRSODGRUHV-XPSIOH[6HULH
&DUDFWHUtVWLFDV
WpFQLFDV

9'&

9$&'&
IM
7HQVLyQQRPLQDO
GHHQWUDGD
AT
,1129$7,9(&211(&7,216

9$&'&
9$&
9$&
9$&
$$&
$$&
$$&
(VWDGRVyOLGR665HQFKXIDEOH
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
'LPHQVLRQHV
[[PP
[[PP
7HQVLyQPi[LPD
GHFRQPXWDFLyQ
&RUULHQWHFRQWLQXD
Pi[LPD
ES
0yGXOR
&DUDFWHUtVWLFDV
WpFQLFDV

[[PP

9'&
9$&'&
9$&'&
7HQVLyQPi[LPD
GHFRQPXWDFLyQ
9$&
9$&
9$&
$'&
$'&
$'&
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
'LPHQVLRQHV
[[PP
[[PP
[[PP
7HQVLyQQRPLQDO
GHHQWUDGD
&RUULHQWHFRQWLQXD
Pi[LPD
0yGXOR

)XHQWHVFRQPXWDGDV(SVLWURQ3UR
,1129$7,9(&211(&7,216
AT
/tQHD3URIHVLRQDOGHIXHQWHVGHSRGHU6ZLWFKLQJ
1RUPDV
*UDGRGHSURWHFFLyQ,3VHJ~Q,(&&ODVH
GHSURWHFFLyQVHJ~Q,(&
6HJXULGDGVHJ~Q(16(/9
IM
'HVFULSFLyQ
/DVIXHQWHVGHDOLPHQWDFLyQ6ZLWFKLQJ(SVLWURQ
3URKDQVLGRIDEULFDGDVFRQFKDVLVHPSRWUDEOH/D
LQVWDODFLyQGHODVIXHQWHVGHEHUHDOL]DUVHGH
DFXHUGRDQRUPDV\UHJODPHQWRVQDFLRQDOHV
)XHQWHGHDOLPHQWDFLyQFRQPXWDGDWHQVLyQGH
VDOLGD9'&OLEUHGHSRWHQFLDOSURWHJLGDV
FRQWUDFRUWRFLUFXLWR\IXQFLRQDPLHQWRHQYDFtR
PRQWDMHHQSHUILORPHJDQRUPDOL]DGR',1
&RPSRUWDPLHQWRHQFDVRGHFRUWRFLUFXLWRUHDUPH
DXWRPiWLFRWHQVLyQGHVDOLGDDMXVWDEOH
7HPSHUDWXUD
GHRSHUDFLyQ &&
ES
&HUWLILFDFLRQHV 8/
&DUDFWHUtVWLFDV
WpFQLFDV
&RUULHQWH
GHVDOLGD

8/

'&$9'&
'&$9'&
'&$9'&
7HQVLyQGH
VDOLGDDMXVWDEOH
99'&
99'&
99'&
99'&
7HQVLyQDOWHUQD
GHHQWUDGD
9$&
+]
99$&
99'&
+]
99$&
99'&
+]
5HQGLPLHQWR
DSOHQDFDUJD
!
!
!
'&$9'&
3HVR
0HGLGDV
.J
;;PP
.J
;;PP

99$&
99'&
+]
!
.J
.J
;;PP
;;PP
AT
,1129$7,9(&211(&7,216
1RUPDV
IM
'HVFULSFLyQ
/DVIXHQWHVGHDOLPHQWDFLyQ1*3KDQVLGR
IDEULFDGDVFRQFKDVLVHPSRWUDEOH/DLQVWDODFLyQ
GHODVIXHQWHVGHEHUHDOL]DUVHGHDFXHUGRD
QRUPDV\UHJODPHQWRVQDFLRQDOHV)XHQWHGH
DOLPHQWDFLyQFRQPXWDGDWHQVLyQGHVDOLGD
9'&OLEUHGHSRWHQFLDOSURWHJLGDVFRQWUD
FRUWRFLUFXLWR\IXQFLRQDPLHQWRHQYDFtRPRQWDMHHQ
SHUILORPHJDQRUPDOL]DGR',1
9$&9'&$
9$&9'&$
7HPSHUDWXUD
GHRSHUDFLyQ &&
ES
&HUWLILFDFLRQHV 8/
&DUDFWHUtVWLFDV
WpFQLFDV
&RUULHQWH
GHVDOLGD

'&$9'&
'&$9'&
8/

'&$9'&
9'&
9'&
9'&
7HQVLyQDOWHUQD
GHHQWUDGD
9$&
+]
9$&
+]
9$&
+]
5HQGLPLHQWR
DSOHQDFDUJD
!
!
!
.J
.J
.J
;;PP
;;PP
;;PP
7HQVLyQGH
VDOLGDDMXVWDEOH
3HVR
0HGLGDV

&DUDFWHUtVWLFDV
WpFQLFDV

7HPSHUDWXUD
GHRSHUDFLyQ &&
&HUWLILFDFLRQHV 8/
8/
*UDGRGHSURWHFFLyQ ,3
&RUULHQWH
GHVDOLGD

'&$9'&
'&$9'&
IM
'&$9'&
AT
,1129$7,9(&211(&7,216
7HQVLyQGH
VDOLGDDMXVWDEOH
9'&
9'&
9'&
7HQVLyQDOWHUQD
GHHQWUDGD
9$&
+]
9$&
+]
[9$&
9$&
+]
[9$&
5HQGLPLHQWR
DSOHQDFDUJD
!
!
!
.J
.J
.J
;;PP
;;PP
;;PP

'&$9'&
'&$9'&
'&$9'&
9'&
9'&
3HVR
ES
0HGLGDV
&DUDFWHUtVWLFDV
WpFQLFDV
7HPSHUDWXUD
GHRSHUDFLyQ &&
&HUWLILFDFLRQHV 8/
8/
&RUULHQWH
GHVDOLGD
9'&
7HQVLyQDOWHUQD
GHHQWUDGD
99$&99'&
+]
7HQVLyQGH
VDOLGDDMXVWDEOH
5HQGLPLHQWR
DSOHQDFDUJD
3HVR
0HGLGDV
99$&99'&
+]
!
99$&99'&
+]
!
!
.J
.J
.J
;;PP
;;PP
;;PP

)XHQWHVFRQPXWDGDV(SVLWURQ(&2
AT
,1129$7,9(&211(&7,216
1RUPDV
IM
'HVFULSFLyQ
/DVIXHQWHVGHDOLPHQWDFLyQ1*3KDQVLGR
IDEULFDGDVFRQFKDVLVHPSRWUDEOH/DLQVWDODFLyQ
GHODVIXHQWHVGHEHUHDOL]DUVHGHDFXHUGRD
QRUPDV\UHJODPHQWRVQDFLRQDOHV)XHQWHGH
DOLPHQWDFLyQFRQPXWDGDWHQVLyQGHVDOLGD
9'&OLEUHGHSRWHQFLDOSURWHJLGDVFRQWUD
FRUWRFLUFXLWR\IXQFLRQDPLHQWRHQYDFtRPRQWDMHHQ
SHUILORPHJDQRUPDOL]DGR',1
9$&9'&$
9$&9'&$
7HPSHUDWXUD
GHRSHUDFLyQ &&
ES
&HUWLILFDFLRQHV 8/
&DUDFWHUtVWLFDV
WpFQLFDV

8/

'&$9'&
'&$9'&
'&$9'&
7HQVLyQGH
VDOLGDDMXVWDEOH
9'&
9'&
9'&
7HQVLyQDOWHUQD
GHHQWUDGD
9$&
9$&
9$&
5HQGLPLHQWR
DSOHQDFDUJD
!
!
!
3HVR
.J
.J
.J
;;PP
;;PP
;;PP
7HPSHUDWXUD
GHRSHUDFLyQ &&
&HUWLILFDFLRQHV 8/
8/
&RUULHQWH
GHVDOLGD
0HGLGDV

6ZLFKW,QGXVWULDOHV

AT
,1129$7,9(&211(&7,216

6ZLWFK,QGXVWULDO(&23RUW%$6(7;
IM
6ZLWFK,QGXVWULDO(&23RUW%$6(7;
$XWRQHJRFLDFLyQHQFDGD3XHUWR(WKHUQHW
6RSRUWD$XWR0',0',;
7UDQVIHUHQFLD)XOO+DOI'XSOH[HQFDGDSXHUWR
0pWRGRGH6WRUHDQGIRUZDUGVZLWFKLQJ
(QWUHJDSURWHFFLyQFRQWUDVREUHWHQVLRQHV
&RQWUROGHIOXMR)XOOGXSOH[SDUD,(((;
$XWRQHJRFLDFLyQHQFDGD3XHUWR(WKHUQHW
6RSRUWD$XWR0',0',;
7UDQVIHUHQFLD)XOO+DOI'XSOH[HQFDGDSXHUWR
0pWRGRGH6WRUHDQGIRUZDUGVZLWFKLQJ
(QWUHJDSURWHFFLyQFRQWUDVREUHWHQVLRQHV
&RQWUROGHIOXMR)XOOGXSOH[SDUD,(((;
$OLPHQWDFLyQHQ9'&
'LPHQVLRQHV[[PP
$OLPHQWDFLyQHQ9'&
'LPHQVLRQHV[[PP
ES

6ZLWFK,QGXVWULDO3RUW%$6(7;

6ZLWFK,QGXVWULDO3RUW%$6(7;6ORW%$6();
5HGXQGDQFLDHQ)XHQWHGH$OLPHQWDFLyQ
)XQFLRQHVGHPRQLWRUHRFRQ5HOHV
'LSVZLWFKFRQIXQFLRQHVGH$ODUPDV
)XOOFRPSDWLELOLGDGFRQ,(((;\X
6LQ%ORTXHR\6WRUHDQGIRUZDUGVZLWFKLQJ
$XWR0',0',;

$OLPHQWDFLyQHQ9'&
'LPHQVLRQHV[[PP
$GPLQLVWUDFLyQYtD:HE6103
'LSVZLWFKFRQIXQFLRQHVGH$ODUPDV
)XOOFRPSDWLELOLGDGFRQ
,(((;X[GTS
;SUHVV5LQJUHFXSHUDFLyQPV
6LQ%ORTXHR\6WRUHDQGIRUZDUGVZLWFKLQJ
9/$1T9,'
$XWR0',0',;
,*036QRRSLQJSDUDPXOWLFDVWILOWHULQJ
'LVWDQFLDVPi[LPDVSDUD)2
0XOWLPRGH/&NP6LQJOHPRGH/&NP

$OLPHQWDFLyQHQ9'&
'LPHQVLRQHV[[PP

3DQHOHVGH&RQWURO
&DUDFWHUtVWLFDV
WpFQLFDV

IM

AT
,1129$7,9(&211(&7,216

7)7
671
7)7
FP
FP
FP
[[PP
[[PP
[[PP
JUV
JUV
JUV

5HVROXFLyQJUiILFD
[SL[HOHV
[SL[HOHV
[SL[HOHV
6LVWHPDGHRSHUDFLyQ
:LQGRZV&(
:LQGRZV&(
:LQGRZV&(
ELW$050+]
ELW$050+]
ELW;6FDOH0+]
0E\WHV0E\WHV0E\WH
0E\WHV0E\WHV0E\WH
0E\WHV0E\WHV0E\WH
PLFUR6'FDUG
6'FDUG
&)FDUG
7RXFKVFUHHQDQDORJUHVLVWLYH
[86%+RVWW\SH$
[86%+RVWW\SH$
[86%+RVWW\SH$
[86%W\SH$[86%'HYLFHW\SH%
7LSRGLVSOD\
7DPDxR
'LPHQVLRQHV
3HVR
ES
&RORUHV
3URFHVDGRU
5$0)ODVK65$0
0HPRULDGHH[SDQVLyQ
3DQHO
,QWHUIDVH86%
,QWHUIDVH'9,
,QWHUIDVH(7+(51(7
,QWHUIDVH&$1
,QWHUIDVH6(5,$/
9ROWDMHGHDOLPHQWDFLyQ
7HPSHUDWXUDGH
RSHUDFLyQ
*UDGRGHSURWHFFLyQ
['9,'
[0ELW5-
[0ELW5-
[&$1RSHQ5-
[&$1RSHQ5-
5656LQWHJUDWHGLQWR&$1
IRU93RQO\56LQWHJUDWHGLQWR&$1
[56'6XE
[5656'6XE
[0ELW5-
[&$1RSHQ5-[&$1'6XE
[56'6XE
[5656'6XE
9'&99
9'&99
9'&99
&&
&&
&&
)URQWDO,33RVWHULRU,3

3DQHOHVGH&RQWURO
&DUDFWHUtVWLFDV
WpFQLFDV
AT
,1129$7,9(&211(&7,216

IM

7)7
7)7
FP
FP
[[PP
[[PP
JUV
JUV

PLOORQHV
5HVROXFLyQJUiILFD
[SL[HOHV
[SL[HOHV
6LVWHPDGHRSHUDFLyQ
:LQGRZV&(
:LQGRZV&(
7LSRGLVSOD\
7DPDxR
'LPHQVLRQHV
3HVR
ES
&RORUHV
3URFHVDGRU
ELW;6FDOH0+]
,QWHO$WRP1*+]
0E\WHV0E\WHV0E\WH
0E\WHV0E\WHV
&)FDUG
&)FDUG
[86%+RVWW\SH$
[86%+RVWW\SH$
['9,'
['9,'
5$0)ODVK65$0
0HPRULDGHH[SDQVLyQ
3DQHO
,QWHUIDVH86%
,QWHUIDVH'9,
,QWHUIDVH(7+(51(7
,QWHUIDVH6(5,$/
9ROWDMHGHDOLPHQWDFLyQ
7HPSHUDWXUDGH
RSHUDFLyQ
*UDGRGHSURWHFFLyQ
[0ELW5-
[&$1RSHQ5-[&$1'6XE
2SWLRQ5-R'6XE
[56'6XE
[5656'6XE
[56'6XE
[5656'6XE
9'&99
9'&99
&&
&&
,QWHUIDVH&$1
[0ELW5-

ES
3DUDPD\RULQIRUPDFLyQZZZGHVLPDWFO

AT
IM
AT
IM
5(/e6'(&21752/
ES
LQYHUVRU
(
9$&
9'&
9$&
9'&
9$&
9'&
9$&
9'&
&yGLJR
LQYHUVRUHV
LQYHUVRUHV
&yGLJR
&yGLJR
(
IM
7HQVLyQGH6HUYLFLR
AT
5HOpV0RGXODUHV\LQYHUVRUHV
'1
($&6
('&6
($&6
('&6
'1$&
'1'&
($&6
('&6
($&6
('&6
'1$&
'1'&
($&6
('&6
($&6
('&6
'1$&
'1'&
($&6
('&6
($&6
('&6
'1$&
'1'&
ES
%DVH
=0(
%DVH
='9
'DWRV7pFQLFRV
0DWHULDOGHFRQWDFWR
$J&G2
$J&G2
9$&
9$&
$
7HQVLyQGHSUXHED
9
9
&RQWDFWR%RELQD
:
:
&&
&&
$
&RQVXPRERELQDD&
5DQJRGHWHPSHUDWXUD
9LGDPHFiQLFDEDMRPi[
;

'LPHQVLRQHVUHOpPP
[[
[[
'LPHQVLRQHVEDVHPP
;
;

AT
5HOpV0RGXODUHV\LQYHUVRUHV
LQYHUVRUHV
IM
&
LQYHUVRUHV
&
7HQVLyQGH6HUYLFLR
&yGLJR
&yGLJR
9$&
9'&
&$&
&'&
&$&
&'&
&$&
&'&
&$&
&'&
&$&
&$&
&$&
&$&
%DVHSLQHV
=9(
%DVHSLQHV
=9(
9$&
9'&
9$&
9$&
'DWRV7pFQLFRV
$J&G2
ES
0DWHULDOGHFRQWDFWR
7HQVLyQGHSUXHED
9$&
$
9
&RQWDFWR%RELQD
&RQVXPRERELQDD&
5DQJRGHWHPSHUDWXUD
9LGDPHFiQLFDEDMRPi[
:
&&

[[
'LPHQVLRQHVEDVHPP
;
'LPHQVLRQHVUHOpPP

ES
D
AT
IM
ES
D
AT
IM
6XSUHVRUHVFRQWUD
UD\RV\VREUHWHQVLRQHV
AT
(Q HO SURFHVR GH VHOHFFLyQ GH ORV VXSUHVRUHV GH VREUHWHQVLRQHV WUDQVLWRULDV ULJH HO SULQFLSLR GH SURWHFFLyQ
HVFDORQDGDHQYLUWXGGHOFXiOVHGLVWLQJXHQWUHVFODVHVGHSURWHFFLyQ
&ODVH (V HO ~QLFR WLSR GH VXSUHVRU TXH RWRUJD XQD SURWHFFLyQ HIHFWLYD FRQWUD ODV VREUHWHQVLRQHV
JHQHUDGDVSRUGHVFDUJDVGHUD\RVGLUHFWDVRFHUFDQDV6HGHEHQFRQVLGHUDUVLHPSUHTXHH[LVWDOD
SRVLELOLGDGTXHODLQVWDODFLyQRHTXLSRDSURWHJHUSXHGDVHUDOFDQ]DGDSRUXQDVREUHWHQVLyQJHQHUDGDSRU
UD\R6HLQVWDODQORPiVFHUFDGHODDFRPHWLGDSRVLEOH
&ODVH(VHOQLYHOGHSURWHFFLyQPtQLPRTXHVLHPSUHGHEHSURYHHUVHVRQVXSUHVRUHVGHVWLQDGRVDOD
SURWHFFLyQGHLQVWDODFLRQHV\HTXLSRVIUHQWHDVREUHWHQVLRQHVRULJLQDGDVSRUGHVFDUJDVGHUD\R
LQGLUHFWDVFRQPXWDFLRQHVHQDOWDLQGXFFLRQHVHWF6HLQVWDODQHQWDEOHURVGHGLVWULEXFLyQ
IM
&ODVH6RQVXSUHVRUHVRULHQWDGRVDODSURWHFFLyQHVSHFtILFDGHHTXLSRVILQDOHVTXHSUHVHQWHQXQDEDMD
UHVLVWHQFLDDODVREUHWHQVLRQHVWUDQVLWRULDV'LVHxDGRVSDUDIXQFLRQDUFRRUGLQDGDPHQWHFRQVXSUHVRUHVGH
FDWHJRUtDVXSHULRUVHFRQHFWDQORPiVFHUFDSRVLEOHGHOHTXLSRDSURWHJHU$xDGLUHQFDVRTXHODORQJLWXG
GHORVFDEOHVHQWUHHOVXSUHVRUDQWHULRU\HOHTXLSRDSURWHJHUVXSHUHORVPHWURV\HOHTXLSRILQDOPHUH]FD
XQDSURWHFFLyQHVSHFLDOGHELGRDVXFRVWRVHQVLELOLGDGDHVWDVSHUWXUEDFLRQHVLPSRUWDQFLDHWF
(Q UHODFLyQ D OD SURWHFFLyQ GH FDEOHV GH VHxDO VH GHEH LGHQWLILFDU ODV OtQHDV GH WHOHFRPXQLFDFLRQHV \ GH
WUDQVPLVLyQGHGDWRVH[LVWHQWHVWHOHIRQtD79VHxDOHVHWF\VHOHFFLRQDUHOVXSUHVRUFRUUHVSRQGLHQWH
(648(0$7,3,&23527(&&,1(6&$/21$'$&2175$62%5(7(16,21(6
75$16,725,$6
ES
'(+16$)(
31
'(+1352
31

6XSUHVRUHVFRPELQDGRVFRQWUD
AT
6XSUHVRUHVFRQWUDUD\RV\VREUHWHQVLRQHV&ODVH
'(+1YHQWLO0776XSUHVRU7ULIiVLFR
&DUDFWHUtVWLFDV
&DSDFLGDGGHGHVFDUJD
1LYHOGHSURWHFFLyQ
&DSDFLGDGGHDSDJDGR
7LSR
&RQWDFWR$ODUPD5HPRWD
&yGLJR
'DWRV
7pFQLFRV
'DWRV
7pFQLFRV
N$
N9
N$HII
'9077
QR
N$
N9
N$HII
'9077)0
VL

'(+1YHQWLO0776XSUHVRU0RQRIiVLFR
IM
'DWRV
7pFQLFRV
&DUDFWHUtVWLFDV
&DSDFLGDGGHGHVFDUJD
1LYHOGHSURWHFFLyQ
&DSDFLGDGGHDSDJDGR
7LSR
&yGLJR
'DWRV
7pFQLFRV
N$
N9
N$HII
'90773
QR
N$
N9
N$HII
'90773)0
VL

'(+1YHQWLO0yGXORVGHUHSXHVWR
0yGXOR
)DVH1HXWUR
0RGHOR
ES
'902'
&yGLJR

0yGXOR
1HXWUR7LHUUD
'902'13(

6XSUHVRUHVGHVREUHWHQVLRQHV&ODVH
'(+1JXDUG0776XSUHVRU7ULIiVLFR
&DUDFWHUtVWLFDV
'DWRV
7HFQLFRV
'DWRV
7HFQLFRV
&RUULHQWH1RPLQDOGHGHVFDUJD
&RUULHQWH0i[LPDGHGHVFDUJD
1LYHOGHSURWHFFLyQ
7LSR
N$
N$
N9
'*077
QR
N$
N$
N9
'*077)0
VL

&yGLJR
'(+1JXDUG0776XSUHVRU0RQRIiVLFR
'DWRV
7HFQLFRV
&DUDFWHUtVWLFDV
1LYHOGHSURWHFFLyQ
7LSR
&yGLJR

'DWRV
7HFQLFRV
N$
N$
N9
'*0773
QR
N$
N$
N9
'*0773)0
VL

6XSUHVRUHVFRPELQDGRVFRQWUD
&DUDFWHUtVWLFDV
9ROWDMH
1LYHOGHSURWHFFLyQ
7LSR
&yGLJR
AT
'(+1JXDUG66XSUHVRUSROR
'DWRV
7pFQLFRV
'DWRV
7pFQLFRV
'DWRV
7pFQLFRV
9
N$
N$
N9
'*6
QR
9
N$
N$
N9
'*6
QR
9
N$
N$
N9
'*6
QR

0yGXOR
)DVH1HXWUR
0yGXOR
1HXWUR7LHUUD
'(+1JXDUG0yGXORVGHUHSXHVWR
0yGXOR
)DVH1HXWUR
IM
0yGXOR
)DVH1HXWUR
9ROWDMH
9
9
9
0RGHOR
'*02'
'*02'
'*02'
'*02'13(
&yGLJR

6XSUHVRUHVSDUD3URWHFFLRQHVILQDV&ODVH
'(+1UDLO036XSUHVRUSDUD5LHO',1
'DWRV
7pFQLFRV
&DUDFWHUtVWLFDV
ES
9ROWDMH
&RUULHQWHQRPLQDOGHGHVFDUJD
&RUULHQWHPi[LPDGHGHVFDUJD
1LYHOGHSURWHFFLyQ
7LSR
&yGLJR
'DWRV
7pFQLFRV
9
N$
N$
N9
'503)0
VL
9
N$
N$
N9
'503)0
VL

'(+1UDLO0yGXORVGHUHSXHVWR
0yGXOR
)DVH1HXWUR
0yGXOR
)DVH1HXWUR
0RGHOR
9
'502'
9
'502'
&yGLJR

9ROWDMH

3URWHFFLyQGH6HxDOHVGH
$XWRPDWL]DFLyQ\7HOHFRPXQLFDFLRQHV
AT
3URWHFFLRQHVGHVHxDOHVGHDXWRPDWL]DFLyQ
%OLW]GXFWRU;7VHxDOHVGLVFUHWDV
&DUDFWHUtVWLFDV
'DWRV
7pFQLFRV
9ROWDMH
7LSR
&yGLJRPyGXOR
&yGLJREDVH
'DWRV
7pFQLFRV
9
N$
%;70/%(
9
N$
%;70/%(

%OLW]GXFWRU;7VHxDODQiORJDP$3URILEXV3$)RXQGDWLRQ+DUW
'DWRV
7pFQLFRV
IM
&DUDFWHUtVWLFDV
9ROWDMH
7LSR
9
N$
%;70/%'
&yGLJRPyGXOR
&yGLJREDVH

%OLW]GXFWRU;7VHxDO56563URILEXV'3&$10RGEXV
'DWRV
7pFQLFRV
&DUDFWHUtVWLFDV
ES
9ROWDMH
7LSR
9
N$
%;70/%(+)
&yGLJRPyGXOR
&yGLJREDVH

%OLW]GXFWRU;77HUPRFXSOD&RQGXFWRUHV
'DWRV
7pFQLFRV
&DUDFWHUtVWLFDV
9ROWDMH
7LSR
'DWRV
7pFQLFRV
9
N$
%;70/%&
9
N$
%;70/%&

&yGLJRPyGXOR
&yGLJREDVH
,QVWUXPHQWRGHSUXHED/LIHFKHFNSRUWiWLO
7LSR
'5&/&0
&yGLJR

0yGXORGHSUXHED/LIHFKHFN21/,1(
7LSR
'5&0&0;7
&yGLJR

3URWHFFLyQGH6HxDOHVGH
$XWRPDWL]DFLyQ\7HOHFRPXQLFDFLRQHV
AT
'HKQ3LSHDWRUQLOODEOHVHxDODQiORJDP$GLVFUHWD9
3URILEXV3$)RXQGDWLRQ+DUW
'DWRV
7pFQLFRV
&DUDFWHUtVWLFDV
9ROWDMH
&RQH[LyQ
7LSRGHKLOR
7LSR
&yGLJR
'DWRV
7pFQLFRV
9
N$
6HULH
0
'3,0'06
9
N$
6HULH
137
'3,0'06

6
'HKQ3LSHDWRUQLOODEOHKLORVVHxDODOLPHQWDFLyQ
'DWRV
7pFQLFRV
IM
&DUDFWHUtVWLFDV
9ROWDMHDOLPHQWDFLyQ
9ROWDMHVHxDO
&RQH[LyQ
7LSRGHKLOR
7LSR
'DWRV
7pFQLFRV
9
9
3DUDOHOR
0
'3,&'(;'
9
9
3DUDOHOR
137
'3,&'(;'

&yGLJR
63$5.*$3SDUDiUHDV([
63$5.*$3SDUDiUHDV(;)6
&DUDFWHUtVWLFDV
ES
&DSDFLGDGGHGHVFDUJD
5HVLVWHQFLDQRPLQDODYROWDMH+]
9ROWDMHGHFHEDGRDLPSXOVR
9ROWDMHGHFHEDGRDIUHFXHQFLDGHDOLPHQWDFLyQ+]
([JDVHV
([SROYR
*UDGRGHSURWHFFLyQ
'DWRV
7pFQLFRV
N$
9
N9
N9
,,*([G,,&7
,,'([W'$,37&
,3
&yGLJR

$FFHVRULRVGHPRQWDMH
6RSRUWH
3ODQR
&DEOH
PP

&yGLJR
6RSRUWH
QJXOR/

&DEOH
PP

&DEOH
PP

AT
IM
6HQVRUHV\7UDQVGXFWRUHV
ES
6(1625(6,1'8&7,926
9(56,1(/e&75,&$
5$6$17(
7HQVLyQGH
DOLPHQWDFLyQ
9'&
'&KLORV
= 1$= 1&
=
/
/DUJR
FLOLQGUR
PP
PP
'HVFULSFLyQ
1%%*0=
5DQJRGH
VHQVDGR

9'&
PP
PP
1%%*0(
PP
9'&
9'&
PP
PP
PP
PP
1%%*0(
PP
1%%*0(9 PP
9'&
9'&
PP
PP
PP
PP
1%%*0(
1%%*0(9
9'&
9'&
PP
PP
PP
PP
1%%*0$
PP
1%%*0$9 PP
PP
PP
PP
PP
1&%*01
PP
1&%*019 PP
PP
PP
/
/
:6
/
1
1$085(1
1
'HVFULSFLyQ
5DQJRGH
VHQVDGR
PP
$& KLORV
/DUJR
FLOLQGUR
PP
1%1*0(
PP
PP
PP
1%1*0(
1%1*0(9
PP
PP
PP
PP
1%1*0$
1%1*0$9
PP
PP
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
125$6$17(
/
$
'LiPHWUR
FLOLQGUR
ES
/
'&KLORV
( 3131$
(
IM
AT
6HQVRUHV,QGXFWLYRV
6HULH&LOtQGULFRVPPPPPP
/
9'&
9'&
WHQVLyQQRPLQDO9'&
/

6(1625(6,1'8&7,926
9(56,1(/e&75,&$
5$6$17(
7HQVLyQGH
DOLPHQWDFLyQ
'&KLORV
= 1$= 1&
=
/

PP
PP
PP
PP
PP
PP
PP
PP
5DQJRGH
VHQVDGR
/DUJR
FLOLQGUR
'HVFULSFLyQ
5DQJRGH
VHQVDGR
1%%*0=
1%%*0=9
PP
PP
PP
PP
1%1*0=
1%1*0=9
PP
PP
1%%*0=
1%%*0=9
PP
PP
PP
PP
1%1*0=
1%1*0=9
PP
PP
'HVFULSFLyQ
9'&
9'&
9'&
9'&
PP
PP
PP
PP
PP
PP
PP
PP
1%%*0(
1%%*0(9
1%%*0(
1%%*0(9
PP
PP
PP
PP
PP
PP
1%1*0(
1%1*0(9
PP
PP
9'&
9'&
9'&
9'&
PP
PP
PP
PP
PP
PP
PP
PP
1%%*0(
1%%*0(9
1%%*0(
1%%*0(9
PP
PP
PP
PP
PP
PP
1%1*0(
1%1*0(9
PP
PP
9'&
9'&
PP
PP
PP
PP
1%%*0$
1%%*0$9
PP
PP
PP
PP
1%1*0$
PP
1%1*0$9 PP
9'&
9'&
PP
PP
PP
PP
1%%*0$
1%%*0$9
PP
PP
9'&
9'&
PP
PP
PP
PP
1%%*0$
1%%*0$9
PP
PP
9$&
9$&
PP
PP
PP
PP
1-*0:6
1-*0:6
PP
PP
9$&
PP
PP
1%%*0:6
PP
PP
1%1*0:6
PP
9'&
9'&
9'&
9'&
PP
PP
PP
PP
PP
PP
PP
PP
1&%*01
1&%*019
1&%*01
1&%*019
PP
PP
PP
PP
PP
PP
PP
PP
1&1*01
1&1*019
1&1*01
1&1*019
PP
PP
PP
PP
/
/
$& KLORV
:6

/
1
1$085(1
1
/DUJR
FLOLQGUR
125$6$17(
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
$
'LiPHWUR
FLOLQGUR
ES
'&KLORV
( 3131$
(
9'&
9'&
9'&
9'&

IM
AT
6HQVRUHV,QGXFWLYRV
6HULH&LOtQGULFRVPPPP
/
WHQVLyQQRPLQDO9'&
/

6(1625(6,1'8&7,926
9(56,1(/e&75,&$
5$6$17(
7HQVLyQGH
DOLPHQWDFLyQ
'&KLORV
= 1$= 1&
=
/DUJR
FLOLQGUR
PP
PP
PP
PP
'HVFULSFLyQ
1%%*0=
PP
1%%*0=9 PP

PP
PP
1%1*0=
PP
1%1*0=9 PP
PP
PP
1%1*0(
PP
1%1*0(9 PP
9'&
9'&
9'&
9'&
PP
PP
PP
PP
PP
PP
PP
PP
1%%*0(
1%%*0(9
1%%*0(
1%%*0(9
PP
PP
PP
PP
9'&
9'&
PP
PP
PP
PP
1-*0(
1-*0(9
PP
PP
9'&
9'&
PP
PP
PP
PP
1%%*0$
PP
1%%*0$9 PP
9'&
9'&
PP
PP
PP
PP
1%%*0$
PP
1%%*0$9 PP
PP
PP
1%1*0$
PP
1%1*0$9 PP
9$& PP
PP
1%%*0:6
PP
PP
1%1*0:6
PP
PP
PP
PP
1&%*01
1&%*019
PP
PP
PP
PP
PP
1&1*01
1&1*019 PP
PP
/
1
1$085(1
5DQJRGH
VHQVDGR
/
:6
'HVFULSFLyQ
/
$& KLORV
/DUJR
FLOLQGUR
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
5DQJRGH
VHQVDGR
125$6$17(
/
1
'LiPHWUR
FLOLQGUR
ES

$
9'&
9'&

'&KLORV
( 3131$
(
IM
AT
6HQVRUHV,QGXFWLYRV
6HULH&LOtQGULFRVPP
/
9'&
9'&
WHQVLyQQRPLQDO9'&
/

6(1625(6,1'8&7,926
9(56,1(/e&75,&$
5$6$17(
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
9'&
'&KLORV
= 1$= 1&
=

1-8(
1-8(
PP
PP
1-8$
1-8$
PP
PP
1-8(
1-8(
PP
PP
9'&
1%%/(9
PP
9'&
9'&
1-8$
1-8$
PP
PP
9'&
1%%/$9
PP
1-8:
1-8:
PP
1-8:
1-8:
PP
1&%81
PP
1&181
PP
D

PP
PP
PP
9'&
9'&
9$&
/
1
1$085(1

1&18=
1&18=
1&18=
/
:6
1
5DQJRGH
VHQVDGR
/
$& KLORV
'HVFULSFLyQ
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
5DQJRGH
VHQVDGR
125$6$17(
/
$
'HVFULSFLyQ
ES

'&KLORV
( 3131$
(
IM
8%DVHSOiVWLFD3%7
8%DVHGHDOXPLQLR
AT
6HQVRUHV,QGXFWLYRV
6HULH5HFWDQJXODUHV
9DUL.RQW/
9'&
/
WHQVLyQQRPLQDO9'&
/

6(1625(6,1'8&7,926
5(&7$1*8/$5(66(5,()3)
7HQVLyQGH
DOLPHQWDFLyQ
'&KLORV
= 1$= 1&
=
1&1)3=3

9'&
1%%9=
5DQJRGH
VHQVDGR
PP
9'&
1&1)(9
PP
9'&
9'&
9'&
9'&
1&%)(
1%%)(
1%%)(
1%%)(
9'&
9'&
1&%)3$3
1&%)3$3
PP
PP
9'&
9'&
9'&
1-)$
1%%)$
1%%)$
PP
PP
PP
1&%)3:3
1&1)3:3
PP
PP
1&%)313
1&1)313
PP
PP
1-)1
PP
D
/
PP
PP
PP
PP
9$&
9$&
1$085(1
PP
'HVFULSFLyQ
/
:6
7HQVLyQGH
DOLPHQWDFLyQ
/
$& KLORV
5DQJRGH
VHQVDGR
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
3/$1266(5,())
/
1
'HVFULSFLyQ
ES

$
9'&

'&KLORV
( 3131$
(
IM
9(56,1(/e&75,&$
AT
6HQVRUHV,QGXFWLYRV
6HULH5HFWDQJXODUHV)3)
6HULH3ODQRV))
/
9'&
9'&
WHQVLyQQRPLQDO9'&
/

9'&
6(1625(6,1'8&7,926
9(56,1(/e&75,&$
6-6&
7HQVLyQGH
DOLPHQWDFLyQ
9'&
9'&
'&KLORV
= 1$= 1&
=

9'&
9'&
9'&
6%(
6-(
6-(
PP
PP
PP
9'&
9'&
6-$
6-$
PP
PP
6-:6
6-:6
PP
PP
6-1
6-1
6-1
6-1
PP
PP
PP
PP
D
/
PP
PP
9$&
9$&
5-1
5-1
PP
PP
1$085(1

5-(
5-(
PP
PP
/
:6
'LDPHWUR
LQWHUQR
/
$& KLORV

'HVFULSFLyQ
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
1
6%=*(/%
6%=*1
(QWUDGD
5-5&
/
$
'HVFULSFLyQ
ES

'&KLORV
( 3131$
(
IM
AT
6HQVRUHV,QGXFWLYRV
7LSR+HUUDGXUD\$QLOOR
/
WHQVLyQQRPLQDO9'&
/
9'&
9'&
9'&
9'&

6(1625(6&$3$&,7,926
9(56,1(/e&75,&$
*0*0*0
9'&
9'&
9'&
9'&
9'&
'&KLORV
( 3131$

/
:6

&-*0(
&-*0(
&-*0(9
&-*0(
&-*0(9
'HVFULSFLyQ
5DQJRGH
VHQVDGR
PP
PP
PP
PP
PP
&%1)(
&%1)(
&%1)(
PP
PP
PP
9'&
9'&
PP
PP
&-*0$
&-*0$9
PP
PP
&-)3$3
PP
&-8$
PP
&-8:
&-)3:3
PP
PP
/
/
:6 1$
:g 1&
/
9'&
9$&
9$&
PP
PP
&-*0:6
&-*0:g
PP
PP
PP
PP
&-*.1
&-*.1
PP
PP
1$085(1

PP
PP
PP
PP
PP
5DQJRGH
VHQVDGR
9'&
9'&
9'&

$& KLORV
1
'HVFULSFLyQ
)39DULNRQW
/
'&KLORV
$ 313DQWLYDOHQWH
1$\1&
$
'LiPHWUR
FLOLQGUR
ES
7HQVLyQGH
DOLPHQWDFLyQ
(
IM
AT
6HULH&LOtQGULFRVPPPPPP
5HFWDQJXODUHV))3
/
9'&
9'&
/

6(1625(637,&26
AT
6HQVRUHV2SWLFRV
6DOLGD313
6HULH*05/
7HQVLyQGH$OLPHQWDFLyQ9'&
7HPSHUDWXUDGH7UDEDMR&&
DWHPSHUDWXUDDPELHQWH&&
*UDGRGH3URWHFFLyQ,3
'HVFULSFLyQ
IM
&RQH[LyQ&RQHFWRU3OXJ9
03,1
&yGLJR
)UHFXHQFLDGHVZLWFKLQJ+]
7LHPSRGHUHVSXHVWDPV
7HQVLyQGHDOLPHQWDFLyQ9'&
6DOLGD313
5DQJRGHGHWHFFLyQPP
5DQJRGHGHWHFFLyQPP
ES
6HQVRU(PLVRU5HFHSWRU
6HQVRU5HIOH[
2%6*0(9
2%6*0(

7LHPSRGHUHVSXHVWDPV
6DOLGD313
5DQJRGHGHWHFFLyQPW
5DQJRGHGHWHFFLyQPW
5HIOHFWRU5()+[PP
5HIOHFWRU5()+[PP
6HQVRUGHSRUGHWHFFLyQGLUHFWD
2%(0*0(9
2%(0*069
2%(0*06(9
5DQJRGHGHWHFFLyQPW
7LHPSRGHUHVSXHVWDPV
6DOLGD313
6HQVRUFRQFRQHFWRU0
6HQVRUFRQFDEOHPW
5HIOHFWRU5()+[PP
'LDJUDPD
2%7*0(9
2%7*0(9
5DQJRGHGHWHFFLyQPW
7LHPSRGHUHVSXHVWDPV
6DOLGD313
(PLVRU
5HFHSWRU
(PLVRU5HFHSWRU
3DUDPD\RULQIRUPDFLyQ
ZZZGHVLPDWFOSHSSHUOIXFKV
6HQVRU5HIOH[
5/DD
5/DD

6(1625(637,&26
AT
6HQVRUHV2SWLFRV
6DOLGD313
6HULH0/99/
7HQVLyQGH$OLPHQWDFLyQ9'&
'HVFULSFLyQ
6HQVRU5HIOH[SDUDSURGXFWRV
WUDQVSDUHQWHVFRQILOWURGH
SRODUL]DFLyQ
IM
*UDGRGH3URWHFFLyQ,3
&yGLJR
'LDJUDPD
6HQVRU5HIOH[
7LHPSRGHUHVSXHVWDPV
6DOLGD313
0/9*E

ES
5DQJRGHGHWHFFLyQPP
5HIOHFWRU5()+
6HQVRU5HIOH[FRQILOWURGH
SRODUL]DFLyQ
6HQVRU5HIOH[
7LHPSRGHUHVSXHVWDPV
6DOLGD313
5DQJRGHGHWHFFLyQPP
5HIOHFWRU5()+
0/9E

6HQVRU)RWRHOpFWULFRGHEDUUHUDSRU
UHIOH[LyQVDOLGDGHOX]ODWHUDO
6HQVRU5HIOH[
7LHPSRGHUHVSXHVWDPV
6DOLGD313
5DQJRGHGHWHFFLyQPP
5HIOHFWRU5()+
9/06D

6(1625(637,&26
AT
5/.
6HQVRUGHEDUUHUDSRUUHIOH[LyQFRQILOWUR
GHSRODUL]DFLyQ5/.
'LVWDQFLD~WLORSHUDWLYDPWV
'LVWDQFLDGHOUHIOHFWRUPWV
'LVWDQFLD~WLOOtPLWHPWVFRQUHIOHFWRU&
7HQVLyQGHWUDEDMR$&'&
9$&
9'&
/('GHRSHUDFLyQYLVLEOH
%1
%8
*<
'.
a8%
a9
1&
12
&
&DUFD]DFRPSDFWD\HVWDEOHGHSOiVWLFR
&ODVHGHSURWHFFLyQ
&DEOHIOH[LEOHPWKLORV
*UDGRGH3URWHFFLyQ,3
ES
:+
IM
6HxDOGHVDOLGD
8QDVDOLGDUHOpXQFRQWDFWRFRQPXWDGR
7HQVLyQGHFRQPXWDFLyQPD[9$&
&RUULHQWHGHFRQPXWDFLyQPD[$
)UHFXHQFLDGHFRQPXWDFLyQ+]
7LHPSRGHUHVSXHVWDPV
3HVRJUV
'LPHQVLRQHV[[PP
'HVFULSFLyQ
&RGLJR
6HQVRUGHEDUUHUD

'HVFULSFLyQ
&RGLJR

5HIOH[5()+[PP
5HIOH[5()+[PP
5HIOH[5()+[PP
5HIOH[5()+[PP
5()+
5()+
5()+

5()+
6(1625(68/75$61,&26
AT
6HULH8%
6DOLGDGHFRQPXWDFLyQ
&LQFRIXQFLRQHVGHVDOLGDDMXVWDEOHV
(QWUDGDDSUHQGL]DMH
3RVLELOLGDGGHVLQFURQL]DFLyQ
3RVLELOLGDGGHGHVDFWLYDFLyQ
&RPSHQVDFLyQGHWHPSHUDWXUD
6HQVLEOHDODLUHFRPSULPLGR
IM
6HULH8&
6LVWHPDGHFDEH]DO~QLFR
3RVLELOLGDGGHVLQFURQL]DFLyQ
3RWHQFLDVRQRUD\VHQVLELOLGDGDMXVWDEOH
&RPSHQVDFLyQGHWHPSHUDWXUD
6DOLGDP$9
*UDGRGH3URWHFFLyQ,3
7HQVLyQGH$OLPHQWDFLyQ9'&9'&
8%
'HVFULSFLyQ
'LPHQVLRQHV
PP
.K]
PV
[PP
PP PP PP

8%*0(9 PP PP PP
8%*0(9 PP PP PP
.K]
PV
[PP
.K]
PV
[PP
.K]
PV
[PP
8%*0(9

8%*0(9

&yGLJR
8%
5HWDUGRGH
5HVSXHVWD

8%
)UHFXHQFLD
GHO7UDQVGXF
5DQJR
GH'HWHFFLyQ
5DQJR
GH$MXVWH
ES
&yGLJR
8%
'HVFULSFLyQ
PP PP
5DQJR
GH'HWHFFLyQ
=RQD
&LHJD
8&
5DQJR
GH$MXVWH
=RQD
&LHJD
8&
8&
)UHFXHQFLD
GHO7UDQVGXF
5HWDUGRGH
5HVSXHVWD
'LPHQVLRQHV

8&*0,89 PP
PP
.K]
PV
[PP

8&*0,89 PP PP PP

8&*0,89 PP PP PP
.K]
PV
[PP

.K]
PV
[PP

8&*05&DEOHGHLQWHUIDVH
6
PP
8/75$6RIWZDUHSDUDVHQVRUHVXOWUDVRQLGR

75$16'8&725(6
'HVFULSFLyQ
IM
AT
7UDQVGXFWRUHVSDUDPRQWDMHHQ
FDEH]DOHV\ULHO',1
&yGLJR
7UDQVGXFWRUXQLYHUVDOSURJUDPDEOH
GHWHPSHUDWXUD
0RQWDMHHQFDEH]DO
(QWUDGDWHUPRFXSODWLSR%&'(-
./15678<
3W3W3W1L1L
1LKLORV
&DUJD6
6DOLGDP$
+87
7;8,2/
ES
7UDQVGXFWRU
6RIWZDUHFDEOHGHSDUDPHWUL]DFLyQ
7UDQVGXFWRUXQLYHUVDOSURJUDPDEOH
GHWHPSHUDWXUD
0RQWDMHHQULHO',1
(QWUDGDWHUPRFXSODWLSR%(-./
156
3W3W3W3W1L
KLORV
$OLPHQWDFLyQ9'&
&DUJD6
6DOLGDP$
7UDQVGXFWRU
6RIWZDUHFDEOHGHSDUDPHWUL]DFLyQ
.)'87
.3.
7DUMHWDWUDQVGXFWRUDGHSXOVRV
(QWUDGDGHFRQWDFWRR1DPXU
0RQWDMHHQULHO',1
$OLPHQWDFLyQ9&&

)UHFXHQFLDGHHQWUDGD0K].K]
6DOLGDUHOHVSURJ9$&$
P$
7UDQVGXFWRU
.)'8)&'

'LDJUDPD
75$16'8&725(6
(QWUDGDP$P$
6DOLGD[P$P$
*UDGRGHSURWHFFLyQ,3
.)'&5
IM
7UDQVGXFWRU
AT
$LVODGRUJDOYiQLFRHQWUDGD\
VDOLGDV
&RPSDUDGRUSURJUDPDEOH
'LDJUDPD
&yGLJR
'HVFULSFLyQ
(QWUDGDP$P$
6DOLGDP$P$
UHOpVLQYHUVRUHV
9$&
*UDGRGHSURWHFFLyQ,3
.)8&5*'
ES
7UDQVGXFWRU
7UDQVGXFWRUGHIUHFXHQFLD
(QWUDGD
6HQVRU1DPXU
(QFRGHU
6HQVRU313
6DOLGDP$P$
9'&9'&
/tPLWHGHIUHFXHQFLDN+]
9$&
*UDGRGHSURWHFFLyQ,3
.)8)663'
7UDQVGXFWRU

6(1625(6'(1,9(/
AT
,QWHUUXSWRUHVGHQLYHOGHOtTXLGRSRU
IORWDGRUWLSR/)/&.HOFDPELRGH
HVWDGRGHOPLFURFRQPXWDGRUVH
UHDOL]DDWUDYpVGHXQDHVIHUDGH
FRQPXWDFLyQD[LDOFXDQGRKD\XQD
GHVYLDFLyQGHODSRVLFLyQKRUL]RQWDO
GHOIORWDGRU
IM
/RVYLEUDWRULRVWLSR/9/7VHXWLOL]DQ
~QLFD\H[FOXVLYDPHQWHFRPRGHWHFWRU
GHQLYHOGHIOXLGRV6XFXHUSRGHDFHUR
LQR[LGDEOHSHUPLWHVHULQVWDODGRHQ
DPELHQWHVH[WUHPRV
&yGLJR
'HVFULSFLyQ
6HQVRUGHQLYHOSDUDGHWHFFLyQGHOYDORU
OtPLWHSDUDOtTXLGRV)RUPDFLOtQGULFD\
HVIpULFDVFRQFXHUSR3ROLSURSLOHQR
&RUULHQWHGHFRQPXWDFLyQPi[$
7HQVLyQGHFRQPXWDFLyQPi[9$&'&
7HPSHUDWXUDGHWUDEDMR
39&
&
&60385
&
EDU
EDU
'HQVLGDG
)RUPDFLOLQGUR
)RUPDHVIHUD
JUFP
JUFP
ES
3UHVLyQGHWUDEDMR
)RUPDFLOLQGUR
)RUPDHVIHUD
/)/&.839&FLOtQGULFRPWVGHFDEOH
/)/&.8385FLOtQGULFRPWVGHFDEOH
/)/&.1385FLOtQGULFRPWVGHFDEOH

1$085
/)/%.8&06HVIpULFRPWVGHFDEOH
/)/%.8&06HVIpULFRPWVGHFDEOH

6HQVRUGHQLYHO9LEUDFRQ/9/7SDUD
QLYHOHVPi[LPRV\PtQLPRV
6DOLGD(9'&313KLORV
7HQVLyQGHDOLPHQWDFLyQ 9'&
7LHPSRGHVZLWFKLQJ
V
7HPSHUDWXUDGHSURFHVR &
7HPSHUDWXUDDPELHQWH &
3UHVLyQGHWUDEDMR& EDU
'HQVLGDG
JFP
&RQH[LyQDSURFHVR
137
9LEUDFRQ/9/$16(9&*
9LEUDFRQ/9/716(31&*
9LEUDFRQ/9/0*''311$(%
((;,

&21(&725(6<$&&(625,26
'DWRV7pFQLFRV
IM
AT
$
&RUULHQWHQRPLQDO
9&&
7HQVLyQQRPLQDO
7HQVLyQGHSUXHED
9&&
VHJ~Q,(&
02KPV
5HVLVWHQFLD
&&
7HPSHUDWXUDGHVHUYLFLR

*UDGRSROXFLyQ
,3,3,3.
*UDGRGHSURWHFFLyQ
/LEUHGHKDOyJHQRV
&RQGXFWRU385
/RQJLWXG
39&
39&
39&
P
P
P
39&
P
385
385
385
P
P
P
D
&yGLJR
9
1GHSRORV
&RQHFWRUKHPEUD
UHFWR
&RQHFWRUKHPEUD

9*039&
9*039&
9*039&
9:039&
9:039&
9*0385
9:039&
9*039&
9*039&
9:039&

9*0385
9*0385
9*0385
9:0385
9:0385
9:0385
ES
0DWHULDO
9
0DWHULDO
7RUTXH
'LPHQVLRQHV
'
'
3HVR
[
[
[
[
1LTXHO6SULQJ6WHHO
1LTXHO6SULQJ6WHHO
1LTXHO6SULQJ6WHHO
1LTXHO6SULQJ6WHHO
1P
1P
1P
1P
[PP
[PP
[PP
[PP
PP
PP
PP
PP
PP
PP
PP
PP
JUV
JUV
JUV
JUV
[
[
1LTXHO6SULQJ6WHHO
1LTXHO6SULQJ6WHHO
1P
1P
[PP
[PP
PP
PP
PP
PP
JUV
JUV

6(1625(6'(1,9(/7,326:,7&+
'HVFULSFLyQ
AT
7LSR
6ZLWFKIORWDGRUFRQH[LyQSRUFDEOHGLUHFWR
+DVWDVZLWFKHV
*UDGRGHSURWHFFLyQ
,3

2ULHQWDFLyQ
9HUWLFDO
5DQJRGHWHPSHUDWXUD 39&
&
6LOLFRQD&
P$
/
9
9$
(VSHFLILFDU
SXQWRVGHFRUWH
////
%63
137
IM
&RQILJXUDFLyQ
(59
/PP
&RQWDFWRGHVDOLGD
6 1$
2 1&
8 ,QYHUVRU
760HGLFLyQFRQWLQXD
+LORGHFRQH[LyQ

&DEOHGHFRQH[LyQPHWUR
39&
6,/6LOLFRQD
G////PP
ES
&RQILJXUDFLyQ
6ZLWFKIORWDGRUFRQH[LyQSRUKLORLQIHULRU
+DVWDVZLWFKHV
*UDGRGHSURWHFFLyQ
,3

2ULHQWDFLyQ
9HUWLFDO
5DQJRGHWHPSHUDWXUD &
$59
9
P$
/
9$
(VSHFLILFDU
SXQWRVGHFRUWH
////
%63
137
/PP
&RQWDFWRGHVDOLGD
6 1$
2 1&
8 ,QYHUVRU
760HGLFLyQFRQWLQXD
+LORGHFRQH[LyQ

G////PP
&DMDGHFRQH[LyQGHDOXPLQLR
6ZLWFKIORWDGRUFRQH[LyQSRUIODQJH
+DVWDVZLWFKHV
&RQILJXUDFLyQ
*UDGRGHSURWHFFLyQ
,3

2ULHQWDFLyQ
9HUWLFDO
5DQJRGHWHPSHUDWXUD 39&
&
6LOLFRQD&
$)9
9
/
P$
9$
(VSHFLILFDU
SXQWRVGHFRUWH
////
',1
$16,
/PP
&RQWDFWRGHVDOLGD
6 1$
2 1&
8 ,QYHUVRU
760HGLFLyQFRQWLQXD
)ODQJHGHFRQH[LyQ
',1'1'1'1'1'1
$16,
&DMDGHFRQH[LyQGHDOXPLQLR

G////PP
0$*1(7,&6:,7&+(6
AT
0DJQHWLF6ZLWFKHV
/RVVHQVRUHVPDJQpWLFRVVRQDPSOLDPHQWH
XWLOL]DGRVHQPDTXLQDULDV\HTXLSRVDO
VHQVDUDWUDYpVGHXQLPiQGDQXQD
PD\RUVHJXULGDGHYLWDQGRRSHUDFLRQHV
HUURQHDV
)RUPD
IM
/RVPRQLWRUHVGHIOXMRPDJQpWLFRVVRQ
XWLOL]DGRVHQPDTXLQDULDVHQODGHWHFFLyQ
GHOXEULFDFLyQDJXDGHHQIULDPLHQWRHWF
&XHQWDQFRQXQYLVRUWUDQVSDUHQWHTXH
SHUPLWHYLVXDOL]DUHOIOXMR
)UHFXHQFLDGHVZLWFKLQJ
9ROWDMHVZLWFKLQJ
&RUULHQWHVZLWFKLQJ
WHPSHUDWXUDDPELHQWH
*UDGRGH3URWHFFLyQ
056
056*06
0DWHULDOGHOFXHUSR
056056
*06
ES
$]XO
&DIp
6HQVRUHVPDJQpWLFRV
FLOtQGULFRV
$]XO
0RQLWRUHVGHIOXMR
&DIp
&yGLJR
'HVFULSFLyQ
'LDJUDPD
6:VHJ
9$&'&
$PD[
&
,3
,3
%URQFH
3ROLDPLGD
6HQVRUFLOtQGULFRPPPPFRQ0
056
056
*06
,PiQPP
,PiQPP
0
0
9ROWDMHVZLWFKLQJ
&RUULHQWHVZLWFKLQJ
WHPSHUDWXUDDPELHQWH
*UDGRGH3URWHFFLyQ
0DWHULDOGHOFXHUSR
0DWHULDOGHOIORWDGRU
0DWHULDOGHOYLVRU
0DWHULDOGHVHOORV
9$&
$PD[
&
,3
$OXPLQLR
%URQFH
'XUDQ
3HUEXQDQ
OLWURVPLQXWRVFRQH[LyQ
5928
5928
5928
5928

AT
IM
7UDQVGXFWRUHVH
,QGLFDGRUHV
ES
$LVODGRU*DOYiQLFRP$P$
,VR7UDQV%3DVLYR
AT
7UDQVGXFWRU9DULWUDQV%.FRPSDFWR
PPGHDQFKRPRQWDMH5LHO',1
IM
P$
P$
9ROWDMHGHSUXHED9$&
,3
7HPSHUDWXUDGHVHUYLFLR&&
P$
P$
(QWUDGD
6DOLGD
&yGLJR
P$
P$
P$
P$
%.
,VR$PS3:5%$FWLYR
ES
P$
7UDQVGXFWRU,VR$PS3:5%FRPSDFWR
PPGHDQFKRPRQWDMH5LHO',1
5

$OLPHQWDFLyQ9'&
9ROWDMHGHSUXHED.Y$&
,3
P$
(QWUDGD
6DOLGD
&yGLJR
P$
P$
%)
3XHQWHSRORV

=8
7UDQVGXFWRUHV'&'&
9DUL7UDQV%$FWLYR
AT
IM
&RPSDFWRPPGHDQFKRPRQWDMH5LHO',1

$OLPHQWDFLyQ9'&
9ROWDMHGHSUXHED9$&
,3
(QWUDGD
6DOLGD
&yGLJR
P$
P$
9
P$
P$
9
%)
3XHQWHSRORV
=8
(QWUDGD\VDOLGDFRQILJXUDEOHSRUVZLWFK
9DUL7UDQV3$FWLYR
ES
$OLPHQWDFLyQ9$&'&+]
9ROWDMHGHSUXHED.Y$&
,3
(QWUDGD
6DOLGD
&yGLJR
P$
P$
9
P$
P$
9
3+

7UDQVGXFWRUHV$&'&
9DUL7UDQV3$FWLYR
AT
IM
&RPSDFWRPPGHDQFKR
PRQWDMH5LHO',1
$OLPHQWDFLyQ9$&'&
9ROWDMHGHSUXHED.Y$&
,3
(QWUDGD

P$
P9P9
P9P99

P9P9

P9P99
9
6DOLGD
&yGLJR
P$
P$
9

9

P$
3+
,VR7UDQV$FWLYR
ES
$OLPHQWDFLyQ9$&+]
9ROWDMHGHSUXHED.Y$&
,3
$
$
9
9
9
9
P$
P$
9$&
(QWUDGD
6DOLGD
&yGLJR
$
$
P$
P$
$
$
9
9
9
P$9
P$9
P$9
$
$
$

7UDQVGXFWRUHVGH7HPSHUDWXUD
7KHUPR7UDQV$$FWLYR
AT
IM
$OLPHQWDFLyQ'&
9ROWDMHGHSUXHED.Y$&
,3
(QWUDGD
6DOLGD
&yGLJR
3W&
3W&
1L
7FWLSR-&
7FWLSR.&
P$
P$
9
9
$3
7KHUPR7UDQV3$FWLYR
ES
$OLPHQWDFLyQ9'&

9$&
9ROWDMHGHSUXHED.Y$&
,3
,U'$
LQGLFDGRUHV
'&63&6
6HQVRU
$OLPHQWDFLyQ
(QWUDGD
6DOLGD
&yGLJR
3W&
3W&
1L
7FWLSR-&
7FWLSR.&
P$
P$
9
9
33
(QWUDGD\VDOLGDFRQILJXUDEOHSRUVZLWFK3&3'$

,QGLFDGRUHVGH3URFHVR,3
AT
5;5
/RVLQGLFDGRUHVXQLYHUVDOHVDOLPHQWDGRVDWUDYpVGHO
OD]RVHRIUHFHQHQGRVYHUVLRQHVSDUDiUHDVVHJXUDV
\iUHDVFODVLILFDGDV
(QWUDGDP$RP$
5DQJRGHGLVSOD\
IM
(OGHVSOLHJXHGHLQIRUPDFLyQFRPLHQ]DFRQVyOR
P$/DEDMDFDtGDGHYROWDMHGH9SHUPLWH
DSOLFDFLyQHQOD]RVGHFRUULHQWHFRQEDMRYROWDMHGH
FDUJDLQFOX\HVHWGHVtPERORVHVWiQGDU
ES
,QGLFDGRUSDUDiUHDVFODVLILFDGDV
,,*(([LD,,&77
'HVFULSFLyQ
,QGLFDGRUSDUDiUHDVVHJXUDV
,QGLFDGRUSDUDiUHDVFODVLILFDGDV

&yGLJR
5
;5
AT
IM
&RQHFWRUWHV
5HFWDQJXODUHV\&LOtQGULFRV
ES
(3,&
&RQHFWRUHVUHFWDQJXODUHV7LSR+$
AT
&DUFD]DVGH$OXPLQLR6HULH+$
&DUFD]D
9RODQWH
IM
&DUFD]D
9RODQWH
(QWUDGDGHFDEOH
[0
(QWUDGDGHFDEOH
[0
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

&DUFD]D
(PEVLQWDSD+HPEUD
&DUFD]D
VREUHSXHVWD
ES
&DUFD]D
GH3URORQJDFLyQ
&DUFD]D
(PEFRQWDSD+HPEUD
(QWUDGDGHFDEOH
[0
'LPHQVLRQHV
[[PP

&RQHFWRU0DFKR
3737
37
37
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

&RQHFWRU+HPEUD
3737
&RQHFWRU0DFKR+HPEUD+'
37
1RWD
3LQHVSiJLQD
37
37
0DFKR37
+HPEUD37

'LPHQVLRQHV
[[PP

&RQHFWRU0DFKR+HPEUD+'
37
1RWD
3LQHVSiJLQD
0DFKR37
+HPEUD37
-XHJRGH&RQHFWRUHVUHFWDQJXODUHV7LSR+% (3,&
3RORV7
&yGLJR

[0
[0
[0
[0
[0

[0
[0
[0
[0
[0
[0

[0
[0
[0
[0
[0
[0

[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
[0
[0
[0
[0

[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
[0
[0
[0
[0
'LPHQVLRQHV
(QWUDGDGHFDEOH
[0
3RORV7

ES
&yGLJR
IM
AT
&DUFD]DV$OXPLQLR3RORV7LSR+%
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
[[PP
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH

&RQHFWRUHVUHFWDQJXODUHV7LSR+%
(3,&
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP
(QWUDGDGHFDEOH
3RORV7

[[PP

'LPHQVLRQHV
[[PP
[[PP
(QWUDGDGHFDEOH

[[PP
[[PP
[[PP
[[PP[0
[[PP[0

[0
[0

[[PP
[[PP
[0
[0
ES
&yGLJR
IM
AT
&DUFD]DV$OXPLQLR3RORV
[[PP
[[PP
[0
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
(QWUDGDGHFDEOH
[0
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP

[[PP
(QWUDGDGHFDEOH

[[PP
[[PP
[[PP
[[PP
[0
[0
[0
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR

'LPHQVLRQHV
[[PP
[[PP
[[PP
[[PP
(QWUDGDGHFDEOH
[0

[0

[[PP

[[PP
[0
&RQHFWRUHVUHFWDQJXODUHV7LSR+%
(3,&
&DUFD]D(PE
VLQWDSD

[[PP
IM
AT
&DUFD]D
&DUFD]D6REUHSXHVW
3URORQJDFLyQIURQWDO
VLQWDSD

[[PP[0
[[PP[0

[[PP
[0

[[PP
[[PP
[[PP
[0
[0

[[P
[[PP
[[PP
[0
[0
[0

[[PP
[[PP
[0
[0
ES

[[PP

&DUFD]DVUHFWDQJXODUHV7LSR+%GREOHFLHUUH
(3,&
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7

[[PP
[[PP
[[PP
[[PP
ES
&yGLJR
IM
AT
'LPHQVLRQHV
[[PP
[[PP
(QWUDGDGHFDEOH
[0
[0
[0
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP
[[PP
(QWUDGDGHFDEOH

[[PP
[0

[[PP

[[PP
[0

[[PP[0
[[PP[0
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP

[[PP
[[PP
[[PP
[0
[0
(QWUDGDGHFDEOH

[[PP

[[PP
[0
3RORV7
&yGLJR

'LPHQVLRQHV
[[PP
[[PP
[[PP
[[PP
(QWUDGDGHFDEOH
[0
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH

[0

[[PP

[[PP
[0
&RQHFWRUHVUHFWDQJXODUHV7LSR+$
(3,&
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7

ES
&yGLJR
IM
AT
'LPHQVLRQHV
[[PP
[[PP
(QWUDGDGHFDEOH
[[PP

[[PP
&DUFD]D(PE
VLQWDSD

[[PP
&DUFD]D6RE
VLQWDSD

[[PP
[0
[0
[0

[[PP
[[PP
[[PP
3RORV7
&yGLJR
'LPHQVLRQHV

[[PP
[[PP
(QWUDGDGHFDEOH
[[PP
[0
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH

[0
[0
(3,&
&DUFD]DVUHFWDQJXODUHV7LSR+$
IM
AT
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&DUFD]D6RE
VLQWDSD

ES
&yGLJR
&DUFD]D(PE
VLQWDSD
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH

[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
3RORV7
&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH

[[PP
[0
&RQHFWRUHVUHFWDQJXODUHV7LSR+''
&RQHFWRU
+''3RORV
(3,&
AT
&DUDFWHUtVWLFDV7pFQLFDVH,QGLFDFLRQHV
7HQVLyQ1RPLQDO,(&98/9&6$9
&RUULHQWH1RPLQDO,(&$8/$&6$$
1~PHURGHFRQWDFWRVSRORV3(
0DFKR37
+HPEUD37
,QVWDODUHQFDUFD]DV+%
&RQHFWRU
+''3RORV
IM
0DFKR37
+HPEUD37
&RQHFWRU
+''3RORV
ES
0DFKR37
+HPEUD37
&RQHFWRU
+''3RORV
0DFKR37
+HPEUD37
'LEXMR
'HVFULSFLyQ
+HUUDPLHQWD
SDUDH[WUDHU
FRQWDFWRV
'LEXMR
'HVFULSFLyQ
+HUUDPLHQWD
SDUDFULPSLQJ
&yGLJR
'LEXMR
6HFFLyQ
PP
&yGLJR
0DFKR
&yGLJR
+HPEUD

3RORV7

&yGLJR
'LPHQVLRQHV
(QWUDGDGHFDEOH
&yGLJR

DOWKHU
IM
AT
&RQHFWRUHVUHFWDQJXODUHV
[0
[0
[0
[0
[0
[0
[0
[0
ES
[0
[[PP
[0
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0

[0
[[PP
[[PP
[[PP
[[PP
[0
[0

[0
DOWKHU
AT
'DWRV7pFQLFRV6HULH%
5HJXODFLyQ',19'(
&HUWLILFDFLyQ8/&6$9'(
5DQJRGH&RUULHQWH$
5DQJRGH7HQVLyQ99
7HQVLyQGH3UXHED.Y
*UDGRGH3ROXFLyQ
7HPSHUDWXUDGH6HUYLFLR&&
&RQHFWRUHVGHSROLDPLGDUHIRU]DGDFRQ
ILEUDGHYLGULR
IM
&RQWDFWRV&REUHFRQEDxRGHSODWD
&DUFD]DV$OXPLQLROLEUHGHFREUH
,3
&DUFD]D9RODQWH
IURQWDO
&DUFD]D(PE
VLQWDSD
&DUFD]D6REUHSXHVW
VLQWDSD

[0
[[PP
[[PP

[0
[[PP
[[PP
[[PP

[0
[0
[[PP
[[PP
[[PP

[0
[0
[0
[[PP
ES
[0
[[PP
[[PP
[[PP

[[PP
[0
[[PP

DOWKHU
IM
AT
&DUFD]DV$OXPLQLR3RORV7LSR%
&DUFD]D9RODQWH
IURQWDO
&DUFD]D(PE
FRQWDSD
&DUFD]DVREUHSXHVWD
FRQWDSD
[0
[0

[0
[[PP
[[PP
[[PP
[[PP
[0
[0
[0
[0
[[PP
[[PP

[[PP
[0
[0
[0
[0

[0
[0
[[PP
[[PP
[[PP
[[PP

[[PP
ES
&DUFD]D9RODQWH
ODWHUDO
[[PP
[[PP

[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[[PP

[[PP

[[PP
DOWKHU
AT
3
3
3
IM
3
3
3
[0
[0
[[PP
[[PP
[[PP
[0
[0
[0
[0
[0
[0
[0
[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
[0
[0
[0
[[PP
[[PP
[[PP
[[PP
[[PP
[0
[0
[0

[0
[0
[[PP
[[PP
[[PP
[[PP
[[PP
[[PP
ES
[0

[0
DOWKHU
&RQHFWRU0DFKR
37
IM
&RQHFWRU+HPEUD
37
AT
&DUFD]DVGH$OXPLQLR\3RORV76HULH$
$9
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

&DUFD]D
(PEVLQWDSD+HPEUD
ES
&DUFD]D
(PEFRQWDSD+HPEUD
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

&DUFD]D
GH3URORQJDFLyQ
&DUFD]D
9RODQWH
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP
[0
[0

&RQHFWRU+HPEUD
37
&RQHFWRU0DFKR
37
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

&DUFD]D
(PE
&DUFD]D
VREUHSXHVWD
'LPHQVLRQHV
[[PP
'LPHQVLRQHV
[[PP

[0
&RQHFWRUHV3RORV
7LSR%$$9
ES
IM
7HQVLyQGHSUXHED.Y
&RQHFWRU0DFKR3RORV
8WLOL]DU&DUFD]DVGH3RORV7LSR%
&RQHFWRUPDFKR

&RQHFWRUKHPEUD

&RQHFWRUPDFKR

&RQHFWRUKHPEUD

DOWKHU
AT

+,56&+0$11
&RQHFWRUHVFLOtQGULFRV
5KHLQPHWDOO(OHNWURQLN
AT
3DUD6HQVRUHVGH$XWRHQVDPEODMH
IM
3UHQVDFDEOH
HVWiQGDU3*PP
ES
(/.$
0[
0[
0
7LSR
9
0
7LSR
5HFWR
(/.$

5HFWR
(/.$
(/:,67
0[
0[
0[
0[
$QJXODU
(/:,.$
(/67
0[
0[
(/:,.$
0DFKR
0DFKRUHFWR
+HPEUD
+HPEUD5HFWR
&RQHFWRUHVSDUDVHQVRUHV
,QGXFWLYRV
&DSDFLWLYRV
%DUUHUDVIRWRHOHFWUyQLFDV
,QWHUUXSWRUHVGHSUHVLyQ
8OWUDVRQLGRVHWF
5HFWR
(/67
$QJXODU
(/:,67
7HQVLyQGH
IXQFLRQDPLHQWR
8&9

$QJXODU
(/:,.$
5HFWR
(/67
$QJXODU
(/:,67
7HQVLyQGH
IXQFLRQDPLHQWR
3*

8&9
3*

8&9

+,56&+0$11
&RQHFWRUHV5HFWDQJXODUHV
'HVFULSFLyQGHOSURGXFWR
&RQHFWRUHVDQJXODUHVGHODUJDGXUDFLyQSURWHJLGRVFRQWUD
HOSROYR\HODJXD,(&,3
&LHUUHUHVLVWHQWHDODVYLEUDFLRQHV
ES
IM
$SOLFDFLyQ
$FFLRQDPLHQWRVKLGUiXOLFRVQHXPiWLFRV
HOHFWURPDJQpWLFRVHMHPSORYiOYXODVVROHQRLGHVVHQVRUHVGH
SUHVLyQLQGLFDGRUHVGHIOXMRYHKtFXORVWRGRWHUUHQR
PDTXLQDULDGHFRQVWUXFFLyQVLVWHPDVGHWUDQVSRUWH
AT
3DUD$XWRHQVDPEODMH'LQ$,62
7HQVLyQGHVHUYLFLR8&9
&RUULHQWH$
7GHVHUYLFLR&&
(QWUDGDGHFDEOH3*

7LSR
&yGLJR
&RQHFWRU
*'037

&RQHFWRU
*'037

(PSDTXHWDGXUD
*'0

+,56&+0$11
AT
&RQFLUFXLWRHOHFWUyQLFRLQWHJUDGR
'LQ$,62
&DUDFWHUtVWLFDGHOSURGXFWR
&RQFLUFXLWRVHOHFWUyQLFRVLQWHJUDGRVFRPR
UHFWLILFDGRUHVLQGLFDGRUHVGHHVWDGRVyOLGRHOHPHQWRV
GHSURWHFFLyQHWF
'DWRVWpFQLFRV
&LUFXLWRHOHFWUyQLFR
ES
7LSR
IM
*UDGRGH3URWHFFLyQ,3
&yGLJR
*'0/
/('
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
*'0/
/('95
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
*'0/
/('++
37
7HQVLyQQRPLQDO
'&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
,QGLFDGRUGHIXQFLyQ
FRQFLUFXLWR
SURWHFWRU
*'0/
/('95
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
&RORUGH
IXQFLRQDPLHQWR
5RW
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH
5RW
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU

5RMR

5RMR

5RMR

5RW
5RW

5RMR

+,56&+0$11
7LSR
'DWRVWpFQLFRV
AT
&RQFLUFXLWRHOHFWUyQLFRLQWHJUDGR
&LUFXLWRHOHFWUyQLFR
*'0/
/('<(
37
*'0/
/('95<(
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
*'0/
/('95<(
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
*'0/
5&
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
*'0/
/('%2
37
7HQVLyQQRPLQDO
'&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
,QGLFDGRUGHIXQFLyQ
$PDULOOR

$PDULOOR

$PDULOOR

1HyQ

IM
5RW
5RW

ES
(OHPHQWRILOWUR5&
SDUDDSOLFDFLRQHV
FUtWLFDV
//)

5RW
5RMR

7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
5HFWLILFDGRUFRQ
LQGLFDGRUGH
IXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
5RMR

7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
5HFWLILFDGRUFRQ
LQGLFDGRUGH
IXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
5RMR

D
*'0/
/('*%
37
&yGLJR
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3J
*'0/
*%/('
37
&RORUGH
IXQFLRQDPLHQWR

+,56&+0$11
'HVFULSFLyQGHOSURGXFWR
&RQHFWRUHVDQJXODUHVGHODUJDGXUDFLyQSURWHJLGRVFRQWUD
HOSROYR\HODJXD',1,3
&LHUUHUHVLVWHQWHDODVYLEUDFLRQHV
IM
$SOLFDFLyQ
$FFLRQDPLHQWRVKLGUiXOLFRVQHXPiWLFRV
HOHFWURPDJQpWLFRVSRUHMHPSORYiOYXODVVROHQRLGHV
VHQVRUHVGHSUHVLyQLQGLFDGRUHVGHIOXMRYHKtFXORV
WRGRWHUUHQRPDTXLQDULDGHFRQVWUXFFLyQVLVWHPDVGH
WUDQVSRUWH
AT
3DUD$XWRHQVDPEODMH'LQ$,62
7HQVLyQGHVHUYLFLR8&9
&RUULHQWH$
7GHVHUYLFLR&&
(QWUDGDGHFDEOH3*
ES
7LSR
7LSR
'DWRVWpFQLFRV
*0/1/('95<(
37
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3*
*0/1/('
37

(PSDTXHWDGXUD
*037

&RORUGH
IXQFLRQDPLHQWR
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH
,QGLFDGRUGHIXQFLyQ
FRQFLUFXLWR
SURWHFWRU
$PDULOOR

$PDULOOR

5RMR

$PDULOOR
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3*
&yGLJR
$PDULOOR
,QGLFDGRUGHIXQFLyQ
FRQGLRGR
GHFLUFXODFLyQ
OLEUH\YDULVWRU
*0/1-
/('95<(
37
*01-6:37
&LUFXLWRHOHFWUyQLFR
7HQVLyQQRPLQDO
8&9
FRUULHQWHPi[LPD$
WHPSHUDWXUD
(QWUDGDFDEOH3*
&yGLJR

5RMR
+,56&+0$11
7LSR
'HVFULSFLyQ
AT
&yGLJR
*'0
-XQWDGHVHOODGRVLOLFRQD
WHPSHUDWXUD&
SDUD37\37
*6$
37
&RUUHFWRUUHFWDQJXODU37
SDUDPRQWDMHHQSDUHGSODQD
8&9
FRUUULHQWHPi[LPD$
7HPSHUDWXUD&&
*6$
37
&RUUHFWRUUHFWDQJXODU37
SDUDPRQWDMHHQSDUHGSODQD
8&9
FRUUULHQWHPi[LPD$
7HPSHUDWXUD&&
*63
37
%DVHFRQHFWRUUHFWDQJXODU
FRQKLOR1378&9
&RUULHQWHPi[LPD$
WHPSHUDWXUD&&

%DVHFRQHFWRUUHFWDQJXODU
FRQKLOR3J8&9
&RUULHQWHPi[LPD$
WHPSHUDWXUD&&

ES
IM

*63
37

+,56&+0$11
)RUPD
'LDJUDPD
AT
&RQVWUXFFLyQUREXVWDPDQLSXODFLyQVLPSOH
5HVLVWHQWHDODFRUURVLyQH[WUHPDFRQH[LyQSRUVROGDGXUD
7HQVLyQGHVHUYLFLR8&9$&'&
&RUULHQWHSHUPDQHQWH 8&$
*UDGRGHSURWHFFLyQ,3
5DQJRGHWHPSHUDWXUD&&
'HVFULSFLyQ
IM
&RQHFWRUKHPEUDYRODQWH
SRORV
8&9
8&$
3*PP
,3
&yGLJR

&0($66
&RQHFWRUPDFKRHPEXWLGR
SRORV
8&9
8&$
,3

&0(63
ES
SRORV
8&9
8&$
3*PP
,3

&0($6
SRORV
8&9
8&$
,3

&0(3
SRORV
8&9
8&$
3*PP
,3

&0($6
SRORV
8&9
8&$
,3
&0(3

AT
IM
&RQWDFWRUHV5HOpV7pUPLFRV
\(OHPHQWRVGH&RQWURO
ES
&RQWDFWRUHV
THE
CONTROL
GROUP

PP
PP
7&$'1
0i[LPDWHQVLyQGHRSHUDFLyQ
0i[LPDFRUULHQWHGHRSHUDFLyQ
)DVHVYK]$&
7&$'1
9
9
$&'HUHFKRV,(&
$&'HUHFKRV,(&
0i[LPDSRWHQFLDVWDQGDUG
)DVHVYDF
0i[LPDFRUULHQWHWpUPLFD,WK
0i[LPDRSHUDFLyQRSVKU
&RQVXPRERELQDK]
'LVLSDFLyQHQHUJtDD\K]
&RQWDFWRV
IM
3RWHQFLDDSDUHQWHIDVHV
3RWHQFLDUHDFWLYDIDVHV
$
$
$&RSVVHF
$&RSVVHF
9$
9$
D:
D:
1$1&
1$1&
&yGLJR
9$&
7&$'1
9$&
7&$'1
7&$'1
9$&
7&$'1
9$&
7&$'1
&yGLJR
7&$'1
$
7&$'1
7&$'1

PP
7&$'1
)DVHVYK]$&
9
$&'HUHFKRV,(&
)DVHVYDF
3RWHQFLDDSDUHQWHIDVHV
3RWHQFLDUHDFWLYDIDVHV
&RQVXPRERELQDK]
'LVLSDFLyQHQHUJtDD\K]
&RQWDFWRV
$
$&RSVVHF
9$
9$
1$
&yGLJR
9$&
7&$'1
9$&
7&$'1
9$&
7&$'1
9$&
7&$'1
9$&
7&$'1
$
7&$'1
7&$'1
$
ES
9$&

&217$&725(6
<$&&(625,26
AT
$ $ $& $ $& 9

$$$&$$&9
$
$

$
&RQWDFWRUHV

PP

&217$&725(6
<$&&(625,26
AT
$ $ $& $ $& 9

$$$&$$&9

PP
PP
PP
7&'
7&'
7&'
7&'
9
9
9
9
$
$
$
$
)DVHVYK]$&
.ZKS.ZKS.ZKS .ZKS
)DVHVYDF

3RWHQFLDDSDUHQWH
.9$
3RWHQFLDUHDFWLYD
.9$5 .9$5.9$5 .9$5
IM
.9$ .9$
$
$
$

9$
9$
9$
9$
&yGLJR
&yGLJR
&yGLJR
9$&
9$&
9$&
9$&
9$&
7&'
7&'
7&'
7&'
7&'
7&'
7&'
7&'
7&'
7&'
$
$
$
7&'
7&'
7&'
7&'
7&'
$
$

$
)DVHVYDF
3RWHQFLDDSDUHQWH
3RWHQFLDUHDFWLYD

PP
PP
7&'
9
9
$
$
7&'
.ZKS .ZKS .ZKS

.9$
.9$5 .9$5
D
&RQVXPRERELQDK]
$
9
$
7&'
7&'
7&'
7&'
7&'
$
7&'
.9$
$

)DVHVYK]$&

7&'
7&'
7&'
7&'
7&'
$
7&'
7&'
7&'
7&'
7&'
$
PP
7&'
7&'
7&'
7&'
7&'
$
&yGLJR
$

.9$
.9$5
$
$

9$
9$
9$
&yGLJR
9$&
9$&
9$&
9$&
9$&
7&'
7&'
7&'
7&'
7&'
9$&
9$&
9$&
9$&
9$&
7&'
7&'
7&'
7&'
7&'
&yGLJR
$
$
7&'
7&'
7&'
7&'
7&'
$
$

$
$
&yGLJR
7&'
7&'
7&'
7&'
7&'
$
$

7&'
7&'
7&'
7&'
7&'
ES
9$&
9$&
9$&
9$&
9$&

&RQVXPRERELQDK]
$


.9$
$
$
$
$

THE
CONTROL
GROUP
&RQWDFWRUHV
7&'
9
)DVHVYK]$&
)DVHVYDF
7&'
9
9
$
$
$
.ZKS
.ZKS
.ZKS

.9$
.9$
3RWHQFLDUHDFWLYD
.9$5
.9$5
.9$5
IM
3RWHQFLDDSDUHQWH
.9$
&RQVXPRERELQDK]
'LVLSDFLyQHQHUJtDDK]
$

9$
9$
9$
D:
D:
D:
&yGLJR
&yGLJR
7&'
9$&
7&'
9$&
7&'
9$&
7&'
9$&
7&'
7&'
$
7&'
$
7&'
$
7&'
7&'
7&'

)DVHVYDF
$
7&'
$
7&'

PP
PP
/&)$
/&)$
)DVHVYK]$&
7&'
$

&yGLJR
7&'
ES
9$&
$

$

PP
/&)$
9
9
9
$
$
$
.ZKS
.ZKS
.ZKS

3RWHQFLDDSDUHQWH
.9$
.9$
.9$
3RWHQFLDUHDFWLYD
.9$5
.9$5
$
.9$5
$

9$
9$
9$
D:
D:
D:
&yGLJR
&yGLJR
&yGLJR
&RQVXPRERELQDK]
9$&
/&)$
9$&
/&)$
9$&
/&)$
$
/&)$
$
/&)$
$

PP
PP
7&'

PP

&217$&725(6
<$&&(625,26

AT
THE
CONTROL
GROUP
/&)$
6XPLQLVWURVLQFRQWDFWRVDX[LOLDUHV
/&)$/&)$

$
/&)$
$
/&)$
$
/&)$
$
&RQWDFWRUHV
AT
THE
CONTROL
GROUP
9
)DVHVYK]$&
)DVHVYDF

PP
PP
PP
/&)$
/&)$
/&)$

PP

9
9
/&)$
9
$
$
$
.ZKS
.ZKS
.ZKS
$
.ZKS

.9$
3RWHQFLDUHDFWLYD
.9$5
.9$5
.9$
IM
3RWHQFLDDSDUHQWH
.9$
&RQVXPRERELQDK]
.9$
.9$5 .9$5
$
$
$

9$
9$
9$
9$
D:
D:
:
&yGLJR
&yGLJR
&yGLJR
&yGLJR
$
/&)$
/&)$
/&)$
/&)$
9$&
/&)$
/&)$
/&)$
/&)$
9$&
/&)$
/&)$
/&)$
/&)$

ES
9$&

PP
)DVHVYK]$&
)DVHVYDF
PP
/&)$
/&)$
9
9
$
$
.ZKS.ZKS

3RWHQFLDDSDUHQWH
.9$.9$
3RWHQFLDUHDFWLYD
.9$5
.9$5
$

9$
9$
:
:
&yGLJR
&yGLJR
9$&
/&)$
/&)$
9$&
/&)$
/&)$
9$&
/&)$
/&)$
&RQVXPRERELQDK]
$
6XPLQLVWURVLQFRQWDFWRVDX[LOLDUHV
/&)$/&)$

&217$&725(6
<$&&(625,26
%RELQDV\DFFHVRULRV
THE
CONTROL
GROUP
%RELQDVSDUD&RQWDFWRUHV/&'/&'&$'1
%RELQDGH9+]
%RELQDGH9+]
%RELQDGH9+]
%RELQDGH9+]
%RELQDGH9+]
%RELQDGH9+]
%RELQDGH9+]
&RQWDFWRVDX[LOLDUHV
ODWHUDOHV121&
&RQWDFWRV
&yGLJR
1$
1$1&
7$'1
7$'1
1&
1$
7$'1
7$'1
1$1&
1&
1$
7$'1
7$'1
7$'1
&RQWDFWRVDX[LOLDUHV
IURQWDOHV
1$
1$1&
1$1&
1$1&
1&
7$'1
7$'1
7$'1
7$'1
7$'1
7HPSRUL]DGRUIURQWDO
21'HOD\
6
6
6
7$'7
7$'7
7$'7
7HPSRUL]DGRUIURQWDO
2))'HOD\
6
6
6
7$'5
7$'5
7$'5
6
7$'6
'&'$/'
'&'$/'
/&)$/)
/&)$/)
/&)
/&)
/$'
/$'
/$))
/$)*
/$)-
/$)/
&RQWDFWRVDX[LOLDUHV
IURQWDOHV
ES
&RQWDFWRVDX[LOLDUHV
IURQWDOHV
7HPSRUL]DGRUIURQWDO
%ORTXHRVPHFiQLFRV
&yGLJR
'DO'

7;'%
7;'(
7;')
7;')
7;'0
7;'0
7;'4
IM
'HVFULSFLyQ
&yGLJR
/&'DO'\&$'1

7;'%
7;'(
7;')
7;')
7;'0
7;'0
7;'4
&yGLJR
'DO'

7;'%
7;'(
7;')
7;')
7;'0
7;'0
7;'4
AT
7HQVLyQ)UHFXHQFLD

)LJXUD
5HOpV7pUPLFRV
THE
CONTROL
GROUP
5HIHUHQFLD5DQJRGHFRUULHQWH5DQJRVGHSRWHQFLDVWDQGDUGSDUDPRWRUHVWULIiVLFRV
AT
)XVLEOHV
5HFRPHQGDGRV
9 9 9 9 9

.: .: .: .: .:

IM
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
D
ES
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
75'
0RQWDMHLQGHSHQGLHQWHGHOFRQWDFWRU
/5)0
/5)0
/5)
/5)
/5)
/5)
/5)
/5)
/5)
D
D
D
D
D
D
D
D
D

/RV5HOpV7pUPLFRVKDVWD$VRQLQVWDODGRVGLUHFWDPHQWHDO
FRQWDFWRUODVHULH/5GH$VRQLQVWDODGRVVHSDUDGDPHQWH

(OHPHQWRVGH&RQWUROPP,3
&RORU
)LJXUD
&yGLJR
&DEH]DO
SXOVDGRU
UDVDQWH
5%%$
5%%$
5%%$
5%%$
5%%$
&RORU
5&%%$
5&%%$
5&%%$
5&%%$
IM
1$
1$1&
1&
1$1&
3XOVDGRU
UDVDQWH
SURWVLOLFRQD
5&%%3
5&%%3
5&%%3
5&%%3
ES
5%%3
5%%3
5%%3
5%%3
&DEH]DO
UHFWDQJXODU
212))
1$
1$1&
1&
1$1&
3XOVDGRU
UHFWDQJXODU
212))
5&%%$
5%%$

&RQWDFWRV
\QRWDV
3XOVDGRU
UDVDQWH
&DEH]DO
UDVDQWH
SURWVLOLFRQD
5%%6
5%%6
5%%6
)LJXUD
AT
&yGLJR
THE
CONTROL
GROUP
1$1&
&DEH]DO
HPHUJHQFLD
212))
5&%%6
5&%%6
5&%%6
5&%%6
5&%%6
5&%%6

3XOVDGRU
HPHUJHQFLD
212))

1&
1$1&
1&
1$1&
1&
1$1&
6HOHFWRUHV\SRVLFLRQHV
'HVFULSFLyQ
&yGLJRFOODYH
&RQWDFWRV
([WUDFFLyQ
GHODOODYH
)XQFLyQ
AT
&yGLJR
VWDQGDUG
THE
CONTROL
GROUP
5%%'
5%%*
5%%*
&HQWUR
7RGDSRVLFLyQ
5&%%'
5&%%'5
&HQWUR
5&%%*
5&%%*
1$
5&%%*
1$
5%%*
5%%*
ES
5%%'
5%%*
IM
5%%'5
&HQWUR
7RGDSRVLFLyQ
&HQWUR
&HQWUR
7RGDSRVLFLyQ
5%%'5
5%%'
&HQWUR
5%%*
5%%'
5%%*
5&%%'
5&%%*
5&%%*
&HQWUR
1$
D
5&%%'
5&%%*
1$
1$
5&%%'5
5&%%'
&HQWUR
7RGDSRVLFLyQ
&HQWUR
5&%%*
1$

&HQWUR
3XOVDGRUHV\VHOHFWRUHVLOXPLQDGRV
&RORU
)LJXUD
&yGLJR
&XHUSRSLORWR/('
QRLQFOX\HFDEH]DO
QLFRQWDFWR
&DEH]DO
LOXPLQDGR
212))
&DEH]DO
SXOVDGRU
212))
&XHUSRSLORWR/('
QRLQFOX\HFDEH]DO
QLFRQWDFWR
&XHUSRSLORWR/('
QRLQFOX\HFDEH]DO
QLFRQWDFWR
&DEH]DOGH
HPHUJHQFLD
PP
LOXPLQDGR
5%%:
5%%:
7HQVLyQ
&XHUSR
3LORWR/('
9
9
9$&'&
9$&'&
9$&
9$&
&XHUSR
3LORWR/('
9
9
9$&'&
9$&'&
9$&
9$&
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
ES
5%%:/
5%%:/
)LJXUD
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
IM
5%%.
5%%.
&RORU
AT
&yGLJR
THE
CONTROL
GROUP
0DQWHQLGR
1RPDQWHQLGR
&XHUSR
3LORWR/('
9
9
9$&'&
9$&'&
9$&
9$&
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%:/9
5%%
5%%(
$QLOORGHPRQWDMH
1$
5&6
5%%(
1&
1RWD6yORDSOLFDEOHDSXOVDGRUHV
UDVDQWHVWLSR5%%$

&DSXFKyQGH
VLOLFRQDWUDQVSDUHQWH
3LORWRV/('VHLQFDQGHVFHQWHV
&RORU
)LJXUD
7HQVLyQ
&RORU
\QRWDV
AT
&yGLJR
'HVFULSFLyQ
'LIXVRU\&XHUSR
3LORWR/('
5&%%9/9
5&%%9/9
5&%%9/9
5&%%9/9
9
9
9
9
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
ES
5&%%9/9$&
5&%%9/9$&
5&%%9/9$&
5&%%9/9$&
5%%9
5%%9
5%%9
5%%9
5%%9
&RQWDFWRV
\QRWDV
IM
5&%%9/9$&
5&%%9/9$&
5&%%9/9$&
5&%%9/9$&
THE
CONTROL
GROUP
'LIXVRU
3LORWR
,QFDQGHVFHQWH
5%%9
9999
$&'&
/iPSDUDGHILODPHQWR
%$V
5%%9
9FRQUHVLVWHQFLD
$&'&
/iPSDUDGHILODPHQWR
%$V9

ES
D
AT
IM
AT
IM
(OHPHQWRVGH&RQWUROPP
\FDMDVGHSROLFDUERQDWR
ES
&RORU
\QRWDV
)LJXUD
3XOVDGRU
UDVDQWH
3XOVDGRU
GHHPHUJHQFLD
6HOHFWRU
\SRVLFLRQHV
1$1&
1$1&
1$1&
5,9)
5,5),
5,*)
1$1&
1$1&
3)$5)
3))$5)
IM

&yGLJR
1$1&
3)%$)
212))
1$1&
6/1%)
212))
1$1&
6/1%)5

1$1&
6/1))

1$1&
6/1))6
1$1&
56/)
212))
ES
3XOVDGRU
GHHPHUJHQFLD
FRQOODYH

&RQWDFWRV
(/),1
AT
'HVFULSFLyQ
(7
3XOVDGRU
LOXPLQDGR
3HGLUSRUVHSDUDGR
GLIXVRUOXPLQRVRWLSR5/$
$PSROOHWD%$6QRLQFOXLGD
5/$9
5/$5
5/$*
5/$%/

)LJXUD
&RORU
\QRWDV
ES
IM
1$1&
3LORWR
GLUHFWR
Pi[LPR9
3LORWRFRQ
WUDQVIRUPDGRU
&yGLJR
3HGLUSRUVHSDUDGR
GLIXVRUOXPLQRVRWLSR*0
0i[:
6HOHFWRU
LOXPLQDGR
SRVLFLRQHV
212))
&RQWDFWRV
&RQWDFWRV
(/),1
AT
'HVFULSFLyQ
(7
9
9
9
6'%)
*09
*05
1$1&
)
1$
)$
1&
)&
3HGLUSRUVHSDUDGR
GLIXVRUOXPLQRVRWLSR*/1
0i[:
/6
/7
/7
/7
*/19
*/15
*/1*
*/1%/
'LIXVRU

(/),1
*UDGRGHSURWHFFLyQ
IM
AT
(7
,3&(,(1
5DQJRGH7HPSHUDWXUD &&
$SUREDFLyQ
,045,1$&6$8/
9$&&&
ES
7HQVLyQQRPLQDO
&yGLJR
&RORU
37$,1.
37$,9.
37$,5.
37$,*.
37$,%/.
37&6*1
37&6*9
37&6*5
37&6**
37&6*%/
)LJXUD
&yGLJR
)LJXUD
&RQWDFWR12
&DEH]DO
SXOVDGRUUDVDQWH
&DEH]DO
UDVDQWH
SURWVLOLFRQD
*
3LH]DGHVRSRUWH
(
(

&RQWDFWR1&
&RORU
)LJXUD
&yGLJR
&DEH]DO
SXOVDGRUUDVDQWH
3'596
)LJXUD
&RQWDFWR12
(
&DEH]DO
SDUDGDHPHUJHQFLD
PP
3LH]DGHVRSRUWH
IM
37$$5.
*
&DEH]DO
SDUDGDHPHUJHQFLD
FRQOODYHPP
(
ES
37+&5.
(/),1
AT
&yGLJR
(7
&DEH]DO
SXOVDGRULOXPLQDGR
&RQWDFWR1&

&RQWDFWR12
(
37$,9.
37$,5.
3LH]DGHVRSRUWH
3'
&DEH]DO
SXOVDGRU
SDUWLUSDUDULOXPLQDGR
3'59*%6
(

&RQWDFWR1&
)LJXUD
)LJXUD
&yGLJR
(/),1
([WUDFFLyQ
GHODOODYH
&RQWDFWR12
67$/%1.
(
67$/%1.'
&HQWUR
67$&%.'
&RQWDFWR1&
(
ES
67$/21.
IM
*
67$/21.'
67$/21.6
&HQWUR
7RGDSRVLFLyQ
&HQWUR
&HQWUR
7RGDSRVLFLyQ
&RQWDFWR12
67$/21.&
(
&HQWUR
7RGDSRVLFLyQ
3LH]DGHVRSRUWH
67$&%.
)XQFLyQ
AT
&yGLJR
VWDQGDUG
(7
&HQWUR

&HQWUR
3LH]DGHVRSRUWH
*
67$&2.
67$&2.&
(
67$&2.'
&RQWDFWR1&
&HQWUR
7RGDSRVLFLyQ
&HQWUR
67$&2.6
&HQWUR

&yGLJR
&DEH]DO
SLORWR
/7%,%.
/7%,9.
/7%,5.
/7%,*.
/7%,%/.
7HQVLyQGH
RSHUDFLyQ
)LJXUD
3LH]DSRUWDOiPSDUD
)LJXUD
&yGLJR
$PSROOHWD
%$6
WLSR/('
ODUJDYLGD
%$6/9
%$6/5
%$6/*
%$6/%/
%$6/%
ES
9'&
9'&
9'&
9'&
9'&
%$6/9
%$6/5
%$6/*
%$6/%/
%$6/%
9$&
9$&
9$&
9$&
9$&
%$6/9
%$6/5
%$6/*
%$6/%/
%$6/%
9$&
9$&
9$&
9$&
9$&
9'&
9$&
9$&
)LJXUD
3'
&RORU
(/),1
AT
&RORU
IM
&yGLJR
(7
$PSROOHWD
ILODPHQWR
%$6
%$6%:
%$6%:
%$6%:

)LJXUD
&yGLJR
)LJXUD
306
ES
30
IM
306
(/),1
AT
%RWRQHUDVGH&RQWURO\/iPSDUDV
(7
30
/3/

(7
&DMDVGH3ROLFDUERQDWR
(/),1
0DWHULDOGHOD0ROGXUD
3ROLXUHWDQR
0DWHULDOGH7RUQLOOR
3ROLDPLGD1HJUD
*UDGRGHSURWHFFLyQ
,3&(,(1
5DQJRGH7HPSHUDWXUD
F&
$SUREDFLyQ
%XUHDX9HULWDV
1RWDV
IM
'LPHQVLRQHV
&yGLJR
3HVRJUV
[[PP
6LQSHUIRUDFLRQHV
&RQXQDSHUIRUDFLyQ
&RQXQDSHUIRUDFLyQ
&
&3
&6

[[PP
6LQSHUIRUDFLRQHV
&RQGRVSHUIRUDFLRQHV
&RQGRVSHUIRUDFLRQHV
&
&3
&6

6LQSHUIRUDFLRQHV
&RQWUHVSHUIRUDFLRQHV
&RQWUHVSHUIRUDFLRQHV
&
&3
&6

[[PP
6LQSHUIRUDFLRQHV
&

[[PP
6LQSHUIRUDFLRQHV
&

ES
)LJXUD
AT
&DMDVGH3ROLFDUERQDWRUHIRU]DGDVFRQILEUDGHYLGULRUHVLVWHQWHDORV
UD\RVXOWUDYLROHWD\DJHQWHVTXtPLFRV
[[PP

(7
(/),1
AT
%DOL]DVGH6HxDOL]DFLRQ
%DOL]DVLQGXVWULDOHVPRGXODUHVDSLODEOHVSROLDPLGDDOWDPHQWH

UHVLVWHQWHDORVLPSDFWRVWDSD\EDVHGHSROLFDUERQDWR
1RWDV
,QFOX\HDPSROOHWD
GHILODPHQWR
HVSHFLILFDU
WHQVLyQ
&yGLJR
ES
)LJXUD
IM
$OLPHQWDFLyQ9$&
*UDGRGHSURWHFFLyQ,3
6RTXHWHGHOiPSDUD%DG
0i[:
3HVRJUV
7%$
1HJUR*ULV

705
5RMR

709
9HUGH

70$
$PEDU

70%/
$]XO

7$
73

73

73

6yORDSOLFDEOH
HQILJXUD1
&RORU

AT
IM
+HUUDPLHQWDV\7HUPLQDOHV
ES
7HUPLQDOHVGHFRPSUHVLyQ
7HUPLQDOHVGHFREUHHOHFWUROtWLFRFRQDLVODFLyQGH39&
SDUDYDULRVWLSRVGHDSOLFDFLRQHV
$XWRH[WLQJXLEOH39&8/9
(QWUDGDIiFLO
$SUREDFLyQ8/
6HFFLyQ
PP$:*
%0
%0

%0
%0
%0
%0

(PEDODMH
8QLGDGHV

IM
&yGLJR
AT
7HUPLQDOHVFRQ(QWUDGD)iFLO

%0

(PEDODMH
8QLGDGHV

ES
%0
%0
%0
&yGLJR
%0
6HFFLyQ
PP$:*

%0

%0
%0
%0

%0
%0
%0

6HFFLyQ
PP$:*
(PEDODMH
8QLGDGHV
%0

%0

%0

&yGLJR

6HFFLyQ
PP$:*
%0

%0

%0

(PEDODMH
8QLGDGHV

6HFFLyQ
PP$:*
(PEDODMH
8QLGDGHV
%0

%0

&yGLJR

%0

%0

%0

%0

%0

%0

%0

%0
(PEDODMH
8QLGDGHV
(PEDODMH
8QLGDGHV
6HFFLyQ
PP$:*
(PEDODMH
8QLGDGHV
%0

%0

&yGLJR
(PEDODMH
8QLGDGHV
%0
6HFFLyQ
PP$:*
6HFFLyQ
PP$:*
&yGLJR
&yGLJR
ES
%0
6HFFLyQ
PP$:*
&yGLJR
IM
&yGLJR
AT

AT
%0
%0
(PEDODMH
8QLGDGHV

ES
%0
6HFFLyQ
PP$:*
&RORU
IM
&yGLJR
&yGLJR
%0 $]XOFODUR
%0 7XUTXHVD
(PEDODMH
8QLGDGHV

6HFFLyQ
%0
%ODQFR

%0
*ULV

%0
5RMR

%0
1HJUR

%0
$]XO

%0
*ULV

%0 $PDULOOR

%0
5RMR

%0
$]XO

%0
$PDULOOR

&yGLJR
&RORU
6HFFLyQ
(PEDODMH
8QLGDGHV
[

6HFFLyQ
ODUJRGHOWHUPLQDO
(PEDODMH
8QLGDGHV

%0

%0

%0

%0

%0

%0

%0

%0

%0

%0
%0

%0
5RMR
[

%0

%0
1HJUR
[

%0

%0
$]XO
[

&yGLJR
%0

*ULV
6HFFLyQ PP
5tJLGR)OH[
'LiPHWUR
GHOWRUQLOOR
&
'
IM
&yGLJR
AT
7HUPLQDOHVGHFREUHHVWDxDGR

%0

%0

%0

%0

%0

%0

ES
%0
%0

%0

%0

%0

%0

%0

%0

%0

%0

%0

%0

%0

%0

%0

AT
%ORFNGH'LVWULEXFLyQ0RGXODUHV
%ORFNGHSROLFDUERQDWRGH3&GHDOWDUHVLVWHQFLDHQYHUVLRQHV
ELSRODU\WHWUDSRODUGH$WRUQLOORGHILMDFLyQGHDOWD
VHJXULGDG
0DWHULDOGHOD&DMD
3ROLFDUERQDWR3&
$XWRH[WLQJXLEOH
8/9,(&D&
%DUUDGHFRQH[LyQ
%UDVV
7HQVLyQGH$LVODFLyQ
9
7HQVLyQGH3UXHED
9
1RUPDVGH5HIHUHQFLD
&(,(1&(,(1
IM
(1
5HSDUWLGRUHV%LSRODUHV
&yGLJR
ES
%0
$9
%0
$9
&RUULHQWH 'LiPHWUR 6HFFLyQFRQG 6HFFLyQFRQG

SHDN GHKLORV[3 FRQWHUPLQDO
VLQWHUPLQDO
,FF.$
,FF.$
[PP
PP
PP
[PP
PP
PP
[PP
PP
PP
PP
PP
PP
PP
[PP
[PP
5HSDUWLGRUHV7HWUDSRODUHV
&yGLJR
&RUULHQWH 'LiPHWUR 6HFFLyQFRQG 6HFFLyQFRQG

SHDN GHKLORV[3 FRQWHUPLQDO
VLQWHUPLQDO
%0
$9
,FF.$
%0
$9
,FF.$ [PP

[PP
PP
PP
[PP
PP
PP
PP
PP
[PP
PP
PP
[PP
PP
PP
%DVHVGHILMDFLyQ\7HUPRFRQWUDLEOHV
%DVHVGH)LMDFLyQ$GKHVLYDV1\ORQ
1\ORQUHVLVWHQWHVDORVDFHLWHVJUDVDV
VROYHQWHV\GHULYDGRVGHOSHWUyOHR
AT
0DWHULDO
&yGLJR
'LPHQVLyQPP
1HJUR
3DFNLQJ
$OWR
$QFKR
3LH]DV
%0% %01

%0% %01

1RUPDO
6WDELOL]HG3ROLROHILQ
&&
&
1HJUR
ES
0DWHULDO
5DQJRGH7HPSHUDWXUD
7HPSHUDWXUDGHFRQWUDFFLyQ
&RORU
IM
0DQJDVWHUPRFRQWUDLEOHV

&yGLJR
/DUJR
PW
%0616

%0616

%0616

%0616

%0616

%006

%006

%006

'LiPHWUR
&RQWUDFFLyQ
PP
$PDUUDVGH&DEOHV
5DQJRGH7HPSHUDWXUD
&HUWLILFDFLyQ
1\ORQUHVLVWHQWHVDORVDFHLWHVJUDVDV
VROYHQWHV\GHULYDGRVGHOSHWUyOHR
&&
8/9
AT
0DWHULDO
&yGLJR
1HJUR
'LPHQVLyQPP 3DFNLQJ
/DUJR
$QFKR
3FV
%0% %01

%0% %01

%0% %01

%0% %01

%0% %01

%0% %01

%0% %01

IM
1DWXUDO
$PDUUDVGHFDEOHHQ$FHUR,QR[LGDEOH
$FHUR
&&
ES
0DWHULDO
5DQJRGH7HPSHUDWXUD
&yGLJR

'LPHQVLyQPP
3DFNLQJ
$FHUR
/DUJR
$QFKR
3FV
%06

%06

%06

%06

%06

%06

%06

&yGLJR
'HVFULSFLyQ
%0
+HUUDPLHQWDSDUDFRUWDU
DPDUUDVGHDFHURLQR[LGDEOH
'HVWRUQLOODGRUHV
'HVWRUQLOODGRUHV
3XQWD
IM
&yGLJR
AT
'HVWRUQLOODGRUHVGHDOWDUHVLVWHQFLDSDUDHOHFWULFLVWDV6RQIDEULFDGRV
\WHVWHDGRVEDMROD1RUPD9'((19SDUDVHUXVDGR
KDVWD9$&0DQXIDFWXUDGRVHQ&URPRYDQDGLXP\GLVHxR
HUJRQRPpWULFR
PP
PP
PP

PP

PP

PP

PP

PP

%0

%0

%0

%0

%0

%0
PP

%0
PP

%0
PP

%0
PP

%0
PP

%0
PP

%0
PP

%0
%0
%0
%0
%0
%0
%0
%0
ES
%0

+HUUDPLHQWDV
'HVWRUQLOODGRUHV
%0
%0
%0
%0
ES
%0
PP
PP
7

7

7

7

7

PP

PP

PP

PP

PP

PP

PP

PP
PP
PP
IM
%0
3XQWD
AT
&yGLJR
%0
%0
PP

%0
%0

+HUUDPLHQWDVGHDOWRDLVODPLHQWR
&yGLJR
AT
$OLFDWHVGHDOWDUHVLVWHQFLDSDUDHOHFWULFLVWDV6RQIDEULFDGRV\
WHVWHDGRVEDMROD1RUPD9'((19SDUDVHUXVDGR
KDVWD9$&0DQXIDFWXUDGRVHQ&URPRYDQDGLXP\GLVHxR
HUJRQRPpWULFR
'HVFULSFLyQ
$SULHWDWHUPLQDOHV
7HQVLyQGH
VHUYLFLR
3HVR
JU
9$&

9$&

9$&

9$&

9$&

9$&

$OLFDWHXQLYHUVDO
PPGHODUJR
PPGHODUJR
IM
%0
%0
$OLFDWHSLQ]DSODQD
%0
PPGHODUJR
&RUWDQWHXQLYHUVDO
PPGHODUJR
ES
%0
&RUWDQWHXQLYHUVDOGLDJRQDO
%0
%0
PPGHODUJR
PPGHODUJR
$OLFDWHWLSRSLQ]D
%0
%0
%0
PPGHODUJR
PPGHODUJR
$OLFDWHWLSRSLQ]D
PPGHODUJR

$SULHWD7HUPLQDOHVPP
3HVR
JU
PP
$:*

PP
$:*

PP
$:*

PP
$:*

%0
PP
$:*

%0
5J
&RQHFWRUFRD[LDO

6HFFLyQPP
3UHVLyQN1
3HVR.J
'LPHQVLRQHV[PP
$FHLWHKLGUiXOLFRFF6KHOO
7

$SULHWDWHUPLQDOHV
%0
%0
ES
%0
IM
%0
AT
'HVFULSFLyQ
&yGLJR
%0

$SULHWD7HUPLQDOHV<3HODFDEOHV
$SULHWDWHUPLQDOHV
%0
%0
%0
3HVR
JU
6HFFLyQPP
3UHVLyQN1
'LPHQVLRQHV[PP
$FHLWHKLGUiXOLFRFF6KHOO
7

3DUDWHUPLQDOHVPP

3DUDWHUPLQDOHVPP

3DUDWHUPLQDOHVPP
6yORSDUDIHUUXOHV

IM
%0
'HVFULSFLyQ
AT
&yGLJR
7HQD]DGH&ULPSDUSDUD
WHUPLQDOHVWLSRIHUUXOHV

9DULRFULPSPP

9DULRFULPSPP

7HQD]D3HODFDEOH

ES

8QLSRODU39&PP

8QLSRODU39&PP

8QLSRODU39&PP

7HQD]D3HODFDEOH
8QLSRODU39&PP
%0
%0
8QLSRODU39&PP
%0
%0
8QLSRODUPP

%0
8QLSRODUPP

%0
8QLSRODUPP

%0
8QLSRODUPPPD[

%0
8QLSRODUPPPD[

%0

$SULHWDWHUPLQDOHV
'HVFULSFLyQ
&RUWDQWHSDUDFRQGXFWRUHVGH
FREUH\DOXPLQLR
0i[LPRPP

&RUWDGRUGHFDEOH
0i[LPRDPP
IM

3HVR
JU
AT
&yGLJR

/ODYHDMXVWDEOH
$SHUWXUDPi[LPDPP
[PP

-XHJRGHEURFDV
SLH]DVGHDPP
SDUDILHUUR
SLH]DVGHDPPSDUD
FRQFUHWR

%0
/ODYHGHDSHUWXUDXQLYHUVDO
SDUDWDEOHURVHOpFWULFRV

%0
7LMHUDFRUWDFDEOHV
0i[LPRPP

0DOHWDGHDOXPLQLRFRQUXHGDV
\PDQLOODWHOHVFySLFD
[[PP

%0
ES
%0
%0
1RWD1RLQFOX\HKHUDPLHQWDV

AT
IM
(TXLSRVSDUD$UHDV
FRQ5LHVJRGH([SORVLyQ
ES
/XPLQDULD )OXRUHVFHQWH =RQD

6HULH
AT
/XPLQDULDVIOXRUHVFHQWHV=RQD=RQD
,,*(([HG,,&7,3
37%$7(;
99$&'&+]
(QWUDGD0
&yGLJR
3HVR
.J
[:
&LHOR
&LHOR

[:
[:
%iFXOR

[:
%iFXOR

IM
3RWHQFLD

(PHUJHQFLD
[:
&LHOR

[:
%iFXOR

[:
%iFXOR

[:
&LHOR

/XPLQDULDVGHHPHUJHQFLD
%DWHUtD$KGXUDFLyQK
/XPLQDULD)OXRUHVFHQWH=RQD
6HULH
ES
,,*(([Q$,,7,3
99$&'&+]
(QWUDGD0
3RWHQFLD
&yGLJR
3HVR
.J
[:
&LHOR
&LHOR

[:
[:
%iFXOR

[:
%iFXOR

(PHUJHQFLD
,QWHUUXSWRUGH
DOXPEUDGR
,,*(([HG,,&7
,3

[:
&LHOR
[:
&LHOR
[:
%iFXOR

[:
%iFXOR

'HVFULSFLyQ
&yGLJR
3HVR
.J
,QWHUUXSWRU

,QWHUUXSWRU

/XPLQDULD)OXRUHVFHQWH
=RQD6HULH
AT
/XPLQDULDVIOXRUHVFHQWHV=RQD
,,*(([Q$,,7,3
99$&'&+]
(QWUDGD0
3RWHQFLD
&yGLJR
3HVR
.J

[:

IM
[:
/XPLQDULD)OXRUHVFHQWH
=RQD6HULH
ES
,,*(([Q$,,7,3
99$&'&+]
(QWUDGD0
3RWHQFLD

&yGLJR
3HVR
.J
[:

[:

/XPLQDULDWLSRWRUWXJDSDUDiUHDFODVLILFDGD
FRQULHVJRGHH[SORVLyQ6HULHSDUD
OiPSDUDLQFDQGHVFHQWH
(([H7
:
:
:
7
7
7
&ODVHGHWHPSHUDWXUD
,,*(([HG,,&7
=RQD\=RQD
9(
,3
IM
/DPS
AT
/XPLQDULD,QFDQGHVFHQWH
=RQD6HULH
&yGLJR
3HVR.J
:

3DQWDOODGH
YLGULR

9HUVLyQ

ES
/XPLQDULD,QFDQGHVFHQWH
=RQD6HULH
/iPSDUDGHPDQRSDUDiUHDFODVLILFDGD
FRQULHVJRGHH[SORVLyQVHULHFRQUHMLOOD
GHSURWHFFLyQJDOYDQL]DGD
=RQD=RQD
,,*(([HG,,&7
=RQD=RQD
,,',37&
9HUVLyQ
&yGLJR
3HVR.J
0i[LPDWHPSHUDWXUDVXSHUILFLDO
/iPSDUD

::: 7
9
99 ::: 7
3DQWDOODGH
YLGULR

5RVFD(,S
7HPSHUDWXUDDPELHQWH&&
6RTXHWHSDUD
OiPSDUD

/LQWHUQD\
AT
/LQWHUQDSDUD]RQDVHULH
8WLOL]DGRVHQ
=RQD
=RQD
9HUVLyQ
/LQWHUQDVHULH
IM
3URWHFFLyQFRQWUDH[SORVLyQJDV
3URWHFFLyQFRQWUDH[SORVLyQSROYR
&HUWLILFDGRV
0DWHULDO
(QYROYHQWH
/HQWH
/iPSDUD
9LGD~WLO
%DWHUtDV
7HPSHUDWXUDDPELHQWH
*UDGRGHSURWHFFLyQ
$OLPHQWDFLyQ
1~PHURGH
EDWHUtDV
&yGLJR

9$
,,*(([LD,,&7
,,',37&
=(/0$7(;;
3ROLDPLGDDQWLHVWiWLFD
3ROLFDUERQDWR
/(':
0D\RUKRUDV
[/5
&&
,3
3HVR
NJ

ES
1RWD1RDEULUOLQWHUQDHQiUHDVFODVLILFDGDV
9HUVLyQ
/LQWHUQDVHULH
$OLPHQWDFLyQ
9
/LQWHUQDSDUD]RQDVHULH
8WLOL]DGRVHQ
=RQD
=RQD
&HUWLILFDGRV
0DWHULDO
(QYROYHQWH
/HQWH
/iPSDUD
%DWHUtDV
*UDGRGHSURWHFFLyQ
1~PHURGH
EDWHUtDV
&yGLJR
[$$

1RWD1RDEULUOLQWHUQDHQiUHDVFODVLILFDGDV

,,*([LE,,&7
,,'([LE,,&7&
,76$7(;;
3ROLDPLGDDQWLHVWiWLFD
3ROLFDUERQDWR
/('OP
[$$
,3
3HVR
NJ

&DMD6HULH=RQD
AT
3URWHFFLyQFRQWUDH[SORVLRQHVVHJ~Q
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
&DMDUREXVWDGHUHVLQDSROLpVWHUUHIRU]DGDFRQILEUDGHYLGULR
6HVXPLQLVWUDHQWDPDxRV
%RUQDUHTXHULGDEDMRSHGLGR
(VSHFLILFDUHQHOSHGLGRHQWUDGDGHFDEOH
3URWHFFRQWUDH[SORVLyQJDV
IM
(([H,,*(([H,,77
(([L,,*(([LD,,&77
3URWHFFRQWUDH[SORVLyQSROYR ,,'([W'$,377&
&HUWLILFDGRV
37%$7(;
/&,($7(;
9GHSHQGLHQGRGHERUQHV
7HQVLyQGHWUDEDMR
,3,3
*UDGRGHSURWHFFLyQ
%RUQDVGH
WLHUUD
(([H
&yGLJR
[PP

D
ES
&DQWLGDGPi[
GHERUQDV
(([L
&yGLJR
'LPHQVLRQHV
PP
3HVR
NJ

[[

[PP

[[

[PP

[[

1RWD%RUQHV\SUHQVDFDEOHVQRLQFOXLGRVHQVXPLQLVWUR
'LVSRVLFLyQ
GHODFDMD
(QWUDGDSDUDFDEOHV
3UHQVDFDEOH(([H
&DMD

&DUDV$% &'
&DMD

&DUDV$% &'
&DMD

&DUDV$% &'
0[
0[
0;

&DMDGHFRQH[LyQ6HULH\
3UHQVDFDEOH
7DSRQHV
FLHJRV
(([H
&yGLJR
'LPHQVLRQHV
PP
3HVR
NJ
[0
[0
[0
[0
[0
[0

[[
[[

[0
[0
[0
[0
[0
[0

[[
[[

[0
[0
[0
[0
[0
[0

[[
[[

[0
[0
[0
[0
[0
[0

[[
[[

AT
3HUIRUDFLRQHV
IM
9HUVLyQ
1RWD3UHQVDFDEOHV\WDSRQHVLQFOXLGRVHQHOVXPLQLVWUR
D
ES
&(1(/(&
,(&
9HUVLyQ
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
(TXLSDGDFRQERUQHVWLSRSHUQRSDUWLGR\XQDERUPD3(
5DQJRGHGLiPHWURGHOFDEOH[PP
&DMDUREXVWDGHUHVLQDSROLpVWHU
(([H,,*(([GH,,7
(([L,,*(([LDLE,,7
3URWHFFLyQFRQWUDH[SORVLyQSROYR ,,',37&7&
&HUWLILFDGRV
37%$7(;
7HQVLyQGHWUDEDMR
9
,3
*UDGRGHSURWHFFLyQ
'HVFULSFLyQ
'LPHQVLRQHV
PP
&yGLJR
3HVR
NJ
SUHVDVFRQVHOODGR0(([H
[[

SUHVDVFRQVHOODGR0(([L
[[

1RWD3UHVDFDEOHVLQFOXLGDVHQHOVXPLQLVWUR

&DMD6HULH=RQD
AT
&DMDV(H[H\SDUDFLUFXLWRV(H[L
/DVFDMDVGHFRQH[LyQVRQGHUHVLQDGH
SROLpVWHUUHIRU]DGDFRQILEUDGHYLGULR
UHVLVWHQWHDORVJROSHV\HVWiQGRWDGDVGH
ERUQHVGHIRUPDYDULDEOHVHJ~QSHGLGR
(QODWDEODGHRSFLRQHVVHLQGLFDODFDQWLGDG
Pi[LPDGHUHJOHWDVDLQVWDODU
(([H,,7(([LD,,7
37%1([&
,3
0i[9
IM
3URWHFFLyQFRQWUDH[SORVLRQHV
&HUWLILFDGRGHKRPRORJDFLyQ
*UDGRGHSURWHFFLyQ
7HQVLyQ1RPLQDO
D
ES
&DMDVGHERUQHV(([H
&DMDVGHERUQHV(([L
'LVSRVLFLyQ
GHODFDMD

6HFFLyQ

PP
7LSRVGH
ERUQHV
&DQWLGDG
GHERUQHV
'LPHQVLRQHV
&yGLJR

[[
'76

[[
'76

[[
'76

[[
6'76


3HVR
NJ
&DMD6HULH=RQD
6HFFLyQ

PP
7LSRVGH
ERUQHV
&DQWLGDG
GHERUQHV
'LPHQVLRQHV
&yGLJR

[[
6'76

[[
'76
[[
'76

[[
'76

D
ES

IM
'LVSRVLFLyQ
GHODFDMD

AT
&DMDVGHERUQHV(([H
&DMDVGHERUQHV(([L

3HVR
NJ
&DMD6HULH=RQD
AT
&DMDV(H[G
/DVFDMDVGHFRQH[LyQ6HULHFRQ
FHUWLILFDFLyQLQWHUQDFLRQDOSDUD=RQD\
IDEULFDGDVHQDOXPLQLROLEUHGHFREUHUHVLVWHQWH
DODJXDVDODGDSXHGHQVXPLQLVWUDUVHHQ
WDPDxRVGLIHUHQWHVFRQWDSDFLHJDRFULVWDO
WUDQVSDUHQWH
7HQVLyQ1RPLQDO
0i[9
&RUULHQWH1RPLQDO
7DPDxRPi[$
7DPDxRPi[$
*UDGRGHSURWHFFLyQ
,3
,3FRQMXQWDDGLFLRQDO
IM
,,*([G,,&77
37%$7(;8
37%$7(;8
37%$7(;8
,(&([8/
7LSR
'LPHQVLRQHV
'HVFULSFLyQ
[[
&DMDYDFtDVLQFULVWDO

[[
&DMDYDFtDFRQFULVWDO

[[
&DMDYDFtDVLQFULVWDO

[[
&DMDYDFtDFRQFULVWDO

[[
&DMDYDFtDVLQFULVWDO

[[
&DMDYDFtDFRQFULVWDO

[[
&DMDYDFtDVLQFULVWDO

[[
&DMDYDFtDFRQFULVWDO

D
ES
'LVSRVLFLyQ
GHODFDMD

&yGLJR
3HVR
NJ
AT
%RWRQHUDV=RQD
(VWDFLRQHVGHFRQWUROHQUHVLQDGHSROLHVWHU
UHIRU]DGDFRQILEUDGHYLGULRMXQWDGHHVSXPD
GHSROLXUHWDQRUHVLVWHQWHDORVJROSHV8VR
LQWHULRU\H[WHULRU6HSXHGHVXPLQLVWUDUFRQ
SXQWRVGHLQVHUFLyQORVEORTXHVGHFRQWDFWR
6HULH\FRQFHUWLILFDFLyQ6,/
,,*([HGPTLDLE,,
,,$,,%,,&77R7
37%$7(;
7HQVLyQ1RPLQDO
0i[9
*UDGRGHSURWHFFLyQ
,3
7HPSHUDWXUDGHWUDEDMR
&&
IM
6LVWHPDGHPRQWDMH
H[WHUQRDODFDMD
6HOOR(3'0FRQWLQXR
/X]SLORWR/('
7$*GHLGHQWLILFDFLyQ
(PSDTXHWDGXUD
GHVHOODGR
D
ES
%ORFNGHFRQWDFWR
(QWUDGDGHFDEOH
0R137
3HUQRVDFHUR
LQR[LGDEOH
3XOVDGRUGREOH
9HUVLyQ
'HVFULSFLyQ
'LDJUDPD
(VWDFLyQGHFRQWUROXQSXHVWRFRQSXOVDGRU
HQWUDGD0

&RQWDFWR1$1&
&RQWDFWR1$
&RQWDFWR1&

(VWDFLyQGHFRQWUROXQSXHVWROX]SLORWR
HQWUDGD0
7HQVLyQ9$&'&
HVSHFLILFDUFRORU

&yGLJR

;
;

%RWRQHUDV=RQD
'LDJUDPD

(VWDFLyQGHFRQWUROXQSXHVWRSDUWLUSDUDU
HQWUDGD0
&RQWDFWR1$\1&

(VWDFLyQGHFRQWUROXQSXHVWRSXOVDGRU
FRQOX]SLORWRLQFRUSRUDGDHQWUDGD0

IM
&RQWDFWR1$\1&
&yGLJR
AT
'HVFULSFLyQ

(VWDFLyQGHFRQWUROXQSXHVWRHPHUJHQFLD
PPHQWUDGD0
&RQWDFWR1$1&
&RQWDFWR1$
&RQWDFWR1&
(VWDFLyQGHFRQWUROXQSXHVWRHPHUJHQFLD
PPHQWUDGD0
&RQWDFWR1$1&
&RQWDFWR1$
&RQWDFWR1&
D
ES
9HUVLyQ

(VWDFLyQGHFRQWUROXQSXHVWRVHOHFWRU212))
HQWUDGD0
6HOHFWRUPPSRORV&RQWDFWRV1$
(VWDFLyQGHFRQWUROXQSXHVWRVHOHFWRUGH
HPHUJHQFLDFRQOODYH212))PP
HQWUDGD0
&RQWDFWR1$1&
&RQWDFWR1$
&RQWDFWR1&
(VWDFLyQGHFRQWUROXQSXHVWRVHOHFWRUFRQOODYH
212))HQWUDGD0
6HOHFWRUPPSRORV&RQWDFWRV1$

%RWRQHUDV=RQD
'LDJUDPD
&yGLJR
AT
'HVFULSFLyQ

&RQWDFWRSDUWLU1$1&SDUDU1$1&
&RQWDFWRSDUWLU1$SDUDU1&

;

&RQWDFWRSXOVDGRU1$1&
&RQWDFWRSXOVDGRU1$
&RQWDFWRSXOVDGRU1&

;
(VWDFLyQGHFRQWUROGRVSXHVWRVSXOVDGRU\
OX]SLORWRHQWUDGD0

;
(VWDFLyQGHFRQWUROGRVSXHVWRVSDUWLUSDUDU
OX]SLORWRHQWUDGD0

;

IM
HQWUDGD0
D
ES
9HUVLyQ

HQWUDGD0

&RQWDFWR1$\1&SRUSXOVDGRU

(VWDFLyQGHFRQWUROFRQDPSHUtPHWURHQWUDGD
P$HQWUDGD0
&RQWDFWR1$\1&VyORXQFRQWDFWRSRUSXOVDGRU
(VSHFLILFDUHVFDOD

%RWRQHUDV=RQD
9HUVLyQ
'LDJUDPD
&yGLJR
(VWDFLyQGHFRQWUROWUHVSXOVDGRUHV
HQWUDGD0
D
ES
&RQWDFWRSRUSXOVDGRU1$1&
&RQWDFWRSRUSXOVDGRU1$R1&
(VWDFLyQGHFRQWUROWUHVSXHVWRVSDUWLUSDUDU
\HPHUJHQFLDHQWUDGD0
HPHUJHQFLD1$1&
;

;
IM
&RQWDFWRSDUWLU1$1&SDUDU1$1&

;
OX]SLORWRHQWUDGD0
;
AT
'HVFULSFLyQ

HPHUJHQFLD1$

HPHUJHQFLD1&

VHOHFWRUDXWRPDQXDO

VHOHFWRU
1RWD6HSXHGHQHVSHFLILFDURWURVVHOHFWRUHVZZZGHVLPDWFO

;
\HPHUJHQFLDHQWUDGD0
;

3XOVDGRUH,QWHUUXSWRUHVGH
&RQWUROSDUDSDQHO6HULH
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
'HVFULSFLyQ
,,*(([GH,,&7
,,',37&
37%$7(;;
,(&([
Pi[9
Pi[$
,3IURQWDO,3
&yGLJR
3HVR
NJ

38/6$'25
&RQH[LyQDWHUPLQDO&DJHFODPS
1$1&
D
ES
9HUVLyQ
IM
&HUWLILFDGRV
RWURVFHUWLILFDGRV
7HQVLyQQRPLQDO
&RUULHQWHQRPLQDO
*UDGRGHSURWHFFLyQ
&RQH[LyQDWHUPLQDOWLSR&DJHFODPS
3$5$'$'((0(5*(1&,$
PPURMR
1$1&
3$5$'$'((0(5*(1&,$
PPURMR
1$1&
3$5$'$'((0(5*(1&,$
&21//$9(
PPURMR
1$1&

3XOVDGRUH,QWHUUXSWRUHVGH
&RQWUROSDUDSDQHO6HULH
3HVR
NJ
1$1&

1&1&

1$1$

1$1&

1&1&

1$1$

1&1$

1$1&

1&1&

1$1$

1$1&

1&1&

1$1$

1&1$

IM
6(/(&725'(326,&,21(6
&21//$9(
&yGLJR
AT
'HVFULSFLyQ
6(/(&725'(326,&,21(6
&21//$9(
6(/(&725212))
D
ES
9HUVLyQ
6(/(&725
$xDGLU
SRVLFLRQHVGHLQWHUUXSWRU
3RVLQWHUUXSFLyQ
)XQFLyQ
SRVLFLRQHVGHLQWHUUXSWRU
3RVLQWHUUXSFLyQ
,
)XQFLyQ
ILMR
ILMR
UHWRUQR
UHWRUQR

ILMR
ILMR
,
ILMR
UHWRUQR
U
U

ILMR
ILMR
ILMR
ILMR
,
ILMR
UHWRUQR
UHWRUQR
ILMR
UU
UW
WW
WU

3XOVDGRUHV/XPLQRVRVSDUDSDQHO
6HULH
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
IM
&HUWLILFDGRV
7HQVLyQGHFRQWDFWR
7HQVLyQXQLGDGSLORWR
&RUULHQWHGHWUDEDMR
(OHPHQWRGHFRQWDFWR
8QLGDGGHSLORWR
)XHQWHGHOX]
&RQH[LyQ
*UDGRGHSURWHFFLyQ
9HUVLyQ
'HVFULSFLyQ
,,*(([GH,,&7
,,',37&
37%$7(;;
Pi[9
99
$&'&
Pi[$
$D9'&

/('EODQFRFGP
0HGLDQWHILOWURVGHFRORU
FDEOHIOH[LEOH[PP
,3
&yGLJR
3HVR
NJ
DO

EORTXHGHFRQWDFWRV1&1$1&
DO

1$
DO

FRQFDEOHIOH[LEOHGHPGHORQJLWXG
38/6$'25/80,1262
D
ES
1&1$
1RWD/RVDFFHVRULRVGHFRORUHVURMRDPDULOORYHUGHD]XO\EODQFRYDQFRQHOHPEDODMH%DMRSHGLGRFRQWDFWRVGRUDGRV

3LORWRV/XPLQRVRVSDUDSDQHO
6HULH
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
IM
&HUWLILFDGRV
7HQVLyQQRPLQDO
&RUULHQWHQRPLQDO
*UDGRGHSURWHFFLyQ
(QWUDGDGHFDEOHV
9HUVLyQ
'HVFULSFLyQ
,,*(([GH,,&7
,,',37&
37%$7(;;
([H9
9$&'&
([L99'&
$D9'&
,3IURQWDO,3
0
&yGLJR
3HVR
NJ
3,/272/80,1262
([H
EORTXHGHFRQWDFWRV1&1$
([L
DO
DO
DO

D
ES
1RWD/RVDFFHVRULRVGHFRORUHVURMRDPDULOORYHUGHD]XO\EODQFRYDQFRQHOHPEDODMH%DMRSHGLGRFRQWDFWRVGRUDGRV

3OXJV\6RFNHWV=RQD=RQD
AT
3OXJV\6RFNHWV
6RO&RQH;6HULHV
&(66HULHV
,,*(([HG,,&7
37%$7(;
*UDGRGHSURWHFFLyQ,3
0DWHULDOGHODFDUFD]D3ROLDPLGD*)
IM
,QWHUUXSWRU
&RQJUDQPDQHWDGHPDQGR
&RQDFWXDGRUEORTXHDEOHHQSRVLFLyQ\
&RQFODUDLGHQWLILFDFLyQGHODSRVLFLyQGHOLQWHUUXSWRU
&DSDFLGDGGHOLQWHUUXSWRU$&
&RQWDFWRVDX[LOLDUHVSDUDFRQWURO\VHxDOL]DFLyQ
(QWUDGDGHFDEOH
$0
$0
$0
9ROWDMH
&RUULHQWH
337
9
9HUVLyQ
$
D
ES
1GHSLQHV
&yGLJR
9HUVLyQ
&yGLJR

337
9
$

3317
9
$

337
9
$

3317
9
$

337
9
$

3317
9
$

&RQWDFWRVDX[LOLDUHVGHFRQWUROSDUDHQFKXIHVKHPEUD
1$FyGLJR
1&FyGLJR

(QUROODGRUGHFDEOHWLSR(;
AT
(QUUROODGRUGHFDEOHFRQDUPD]yQGHDFHUR
\FXELHUWDGHHSy[LFDIUHQRLQWHUQRVLQ
HQUROODPLHQWRDXWRPiWLFRFDUUHWHFRQFXELHUWDGH
FDXFKR\OLEUHGHKDOyJHQRV
8WLOL]DGRVHQ
=RQD\=RQD
&HUWLILFDGRV
7HQVLyQQRPLQDO
&RUULHQWHQRPLQDO
*UDGRGHSURWHFFLyQ
,,*(([GH,,&7
37%$7(;
9
$
,3
&DEOH[PPHQUUROODGR:9
GHVHQUUROODGR:9

&RORU
6HFFLyQ
GHFDEOH
&yGLJR
3HVR
NJ

$]XO
[

5RMR
[

1~PHUR
GHSRORV
7HQVLyQ
9

D
ES
9HUVLyQ
IM
0i[LPDFDUJD

&DEOH[PPHQUUROODGR:9
GHVHQUUROODGR:9
1RWD,QFOX\HPWVGHFDEOH\FODYLMD

&8%([VHULH
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
&DMDFRQSURWHFFLyQ(H[G
8WLOL]DGRVFRPRFDMDGHGHULYDFLyQFRQWURO
SDUWLGRUHVGHPRWRUHVLQYHUVRUHV
IM
,,*(([G,,%7
*DV
3ROYR
,,',37
(QYROYHQWH
$OXPLQLROLEUHGHFREUHFRQSURWHFFLyQ
FRQWUDDJXDGHPDU
&yGLJR
3HVR
NJ
[[

[[
[[

[[
[[

[[
[[

[[
[[

'LPHQVLyQH[WHUQD
PP
'LPHQVLyQLQWHUQD
PP
[[
D
ES
'LVSRVLFLyQ
GHODFDMD

&8%([VHULH
AT
3DUWLGRUHV\HTXLSRVGHFRQWURO
6HULH
/DVFDMDV6HULHFRQSXHUWDV
DELVDJUDGDVVRQDPSOLDPHQWHXVDGDV
HQSDUWLGRUHVSDUDPRWRUHVSDQHOHVGH
FRQWURO\SDQHOHVGHGLVWULEXFLyQ6H
SXHGHQHVSHFLILFDUFRQKLORV
PLOLPpWULFRV\137
D
ES
IM
9ROWDMHGHVHUYLFLR9$&
9ROWDMHGHFRQWURO9$&
7HPSHUDWXUDDPELHQWH&&
&DMDGHDOXPLQLR$,6L0J
7LSRGHYHQWDQD
'HVFULSFLyQ
9LGULRGHUHJLVWURFLUFXODU
PPGHGLiPHWUR
PPGHGLiPHWUR
9LGULRGHUHJLVWURUHFWDQJXODU
PP[PPGHGLiPHWUR
PP[PPGHGLiPHWUR

$ODUPDVDXGLEOHV\YLVXDOHV
VHULH)/<$\</
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
9HUVLyQ
IM
&HUWLILFDGRV
&RUULHQWHQRPLQDO
*UDGRGHSURWHFFLyQ
(QWUDGDGHFDEOHV
'HVFULSFLyQ
7HQVLyQ
D
ES
</
$XGLEOH\YLVXDO
<$
$XGLEOH
0i[GE$
</
9LVXDO
)ODVKMRXOH
1RWD3DUDPD\RULQIRUPDFLyQZZZGHVLPDWFO

,,*'([G,,%7
%DVHHID$7(;;
$D9'&
,3IURQWDO,3
0
55RMR
$PEDU
%$]XO
&yGLJR
3HVR
NJ
(VSHFLILFDUFRORU
9'&
</%'(8

9$&
</%/(8

9$&
</%1(8

9'&
<$%'(8

9$&
<$%/(8

9$&
<$%1(8

9'&
)/%'(8

9$&
)/%/(8

9$&
)/%1(8

%RFLQD((;G\((;GH6HULH
AT
&(1(/(&
,(&
8WLOL]DGRVHQ
=RQD\=RQD
=RQD\=RQD
GLIHUHQWHVVHFXHQFLDVGHVHxDODMXVWDEOHFRQLQWHUUXSWRUHV
',3LQWHUQRV
GLIHUHQWHVVHFXHQFLDVGHVHxDOVHOHFFLRQDEOHVFRQ
LQWHUUXSWRUHV',3LQWHUQRHLQWHUUXSWRUHVH[WHUQRV
IM
VHxDOHV3)((5
$ODUPD*HQHUDO
$ODUPDGH*DV7y[LFR
$ODUPDGHDEDQGRQRGHSODQWD
&RQWUROGHYROXPHQPi[LPRG%$
7RQRVLQFURQL]DGRSDUDHTXLSRVTXHRSHUDQHQSDUDOHORFRQ
FRQWURODGRURVFLODGRUGHFXDU]R
D
ES
2SFLRQDOPyGXORGHDOWDYR]SURJUDPDEOH
9HUVLyQ
9ROXPHQ
3URWHFFLyQFRQWUDH[SORVLyQ
,,*(([G,,&7
,,*(([GH,,&7
JDV
JDV
3URWHFFLyQFRQWUDH[SORVLyQSROYR ,,',37&
.(0$$7(;
&HUWLILFDGRV
0DWHULDO
$OXPLQLRFRORUURMR
(QYROYHQWH
3OiVWLFR$%6FRORUURMR
&yGLJR
%RFLQD
$FHURLQR[LGDEOH
$QJXORGHPRQWDMH
&&
7HPSHUDWXUDDPELHQWH
,3
*UDGRGHSURWHFFLyQ
*UXSRGH
H[SORVLyQ
7HQVLyQ
QRPLQDO
&yGLJR
3HVR
NJ

9'&

9$&

9'&

9$&

(([G
G%
,,&
(([G
G%
,,&
(([GH
G%
,,&
(([GH
G%
,,&

6LVWHPDGH$WHUUDPLHQWR
(DUWK5LWH575
1HZVRQ
*DOH
AT
7RPDGHWLHUUDHVWiWLFDSDUDFDPLRQHVFLVWHUQD
(DUWK5LWH575HVHOVLVWHPDGHWRPD
GHWLHUUDSDUDFDPLRQHVFLVWHUQDPiV
DYDQ]DGRSDUDSURWHJHUDOSHUVRQDO\D
ORVHTXLSRVGHSODQWDGHORVSHOLJURVGH
ODHOHFWULFLGDGHVWiWLFDGXUDQWHOD
RSHUDFLyQGHFDUJD\GHVFDUJD
IM
7HFQRORJtD7ULIDVH
02'2GHWHFFLyQGHFDPLyQ
FLVWHUQD
&RQILUPDTXHODSLQ]D575HVWi
FRQHFWDGDDXQFDPLyQFLVWHUQD
H[FOX\HQGRODFRQH[LyQDRWURVREMHWRV
PHWiOLFRVFRQGXFWRUHVSHMSyUWLFRVGH
FDUJDRSDUWHVGHOFDPLyQQR
FRQHFWDGDVDODFLVWHUQD
02'2&RPSUREDFLyQGHHVWiWLFD
GHWLHUUD
&RQILUPDTXHHOVLVWHPD575WLHQHXQ
SXQWRGHFRQH[LyQDWLHUUDYDULILFDEOH
FRQGLVLSDFLyQGHHVWiWLFD
'HVFULSFLyQ
9HUVLyQ
6LVWHPDGHWUDWDPLHQWR
FRQFDEOHUHWUiFWLOGH
PWV
D
ES
&yGLJR
5750($$$
9(6;,3
7HQD]DHQDFHUR
LQR[LGDEOHFRQ
FRQHFWRUGHSRORV
,3;%
&DEOH6SLUH[PWV
,3;%
&DEOH6SLUH[PWV
&$%%6
&DEOHUHGRQGRSRORV
575
7DPERUUHWUiFWLOFRQ
PWVGHFDEOH
02'26XSHUYLVLyQFRQWLQXDGHO
EXFOHGHWLHUUD
&RQILUPDTXHODFRQH[LyQHQWUHODSLQ]D
\ODWRPDGHWLHUUDHVEXHQDGXUDQWHHO
SURFHVRGHWUDIHUHQFLDJDUDQWL]DQGR
TXHODUHVLVWHQFLDGHODFRQH[LyQQR
VXSHUDORVRKPLRV
&HUWLILFDFLyQ
,(&([6,/
*UDGR GH 3URWHFFLyQ ,3
7HPSHUDWXUDGH6HUYLFLR
1RWD3DUDPD\RULQIRUPDFLyQZZZGHVLPDWFO

&DMDVGH5HJLVWURSDUD&RQGXLW
&RQGXOHW$OXPLQLR
8/
AT
&DMDGH5HJLVWURUHFRPHQGDGDSDUD&ODVH'LYXVRLQWHPSHULH
6HULH2YDODGD
,QIRUPDFLyQSDUDRUGHQDUOD)RUPD
/,67('),/((
&(57,),('),/(/5
&DUDFWHUtVWLFDV
+LOR137
2&
2/%
2//
$OXPLQLR)LHUUR $OXPLQLR)LHUUR $OXPLQLR)LHUUR
IM
&DMDVFRQVWUXLGDVHQDOXPLQLROLEUH
GHFREUH
'LVHxRLQWHUFDPELDEOHFRQRWUDV
FDMDVGHIRUPDHQWDSD\
HPSDTXH
$FDEDGRGHXQDSLQWXUDDSOLFDGD
HOHFWURHVWiWLFDPHQWH\FRQXQD
SHOtFXODGHSROLpVWHU
$SUREDGRVXXVRSDUDOXJDUHV
K~PHGRV

2& 2&
2/% 2/%
2// 2//

2& 2&
2/% 2/%
2// 2//

2& 2&
2/% 2/%
2// 2//

2& 2&
2/% 2/%
2// 2//

2& 2&
2/% 2/%
2// 2//
+LOR137
2/5
27
$OXPLQLR)LHUUR $OXPLQLR)LHUUR
2/5 2/5
27
27

2/5 2/5
27
27

2/5 2/5
27
27

2/5 2/5
27
27

2/5 2/5
27
27
D
ES

7DSDV\HPSDTXHV)RUPD
&DUDFWHUtVWLFDV
7DSDVGHDOXPLQLR\WURTXHODGRFRQ
WRUQLOOHUtDGHDFHURLQR[LGDEOH
-XQWDGHQHRSUHQRGHFHOGDV
DELHUWDVGHDOWDIOH[LELOLGDG
$SUREDGRSDUD&ODVH,'LYLVLyQ
VLHPSUHTXHVHLQVWDOHQGHDFXHUGR
DUHFRPHQGDFLRQHVGHO$UWtFXOR
E1(&RSDUDDSOLFDFLRQHV
HQ&ODVH,=RQDGHDFXHUGRDORV
DUWtFXORV 1(&

&DMDV5HJLVWUR
6HULH*(
)LJXUD
\
&ODVH,'LY\*UXSRV&'
&ODVH,=RQD*UXSRV,,%,,$
&ODVH,,&ODVH,,,

&ODVH,'LY\*UXSR'
&ODVH,=RQD*UXSR,,$
&ODVH,,&ODVH,,,
8/
/,67('),/((
D
ES
&(57,),('),/(/5
+LOR137
1RWD1RLQFOX\HSUHQVDFDEOHQLERUQHVGHFRQH[LyQ

$OXPLQLR
)LHUUR

*8$%
*8$%

*8$%
*8$%

*8$%
*8$%

*8$%
*8$%

*8$&
*8$&

*8$&
*8$&

*8$&
*8$&

*8$&
*8$&

*8$&
*8$&

*8$/
*8$/

*8$/
*8$/

*8$/
*8$/

*8$/
*8$/

*8$/
*8$/

*8$7
*8$7

*8$7
*8$7

*8$7
*8$7

*8$7
*8$7

*8$7
*8$7

*8$;
*8$;

*8$;
*8$;

*8$;
*8$;

*8$;
*8$;

*8$;
*8$;
IM
&DUDFWHUtVWLFDV
GHFREUH
&XDWURGLiPHWURVGLIHUHQWHV
7HUPLQDOGHWLHUUDLQWHUQR
SHOtFXODGHSROLpVWHU
AT
&DMDGH5HJLVWURSDUDiUHDVFODVLILFDGDVXVRLQWHPSHULH
)RUPDUHGRQGDDOXPLQLRILHUUR
)LWWLQJVSDUD$UHDV&ODVLILFDGDV
8QLRQHV$PHULFDQDV
6HOORV(1<
&RPSXHVWR6HOODQWH)LEUD
+LOR
137
8QLyQ$PHULFDQD
\
&ODVH,'LY\*UXSRV$%&'
&ODVH,=RQD*UXSRV,,&,,%,,$
&ODVH,,'LY\*UXSRV()*
&ODVH,,,

/,67('),/((
IM
&ODVH,'LY\*UXSRV&'
&ODVH,=RQD*UXSRV,,%,,$
&ODVH,,,
8/
AT
SDUDXVRLQWHPSHULH
&yGLJR
$OXPLQLR )LHUUR

*80 *80

*80 *80

*80 *80

*80 *80

*80 *80
+LOR
137
&yGLJR
$OXPLQLR )LHUUR

(1<
(1<

(1<
(1<

(1<
(1<

(1<
(1<

(1<
(1<
&(57,),('),/(/5
6HOORV
D
ES
&ODVH,=RQD*UXSR,,&,,%,,$
&ODVH,,,
&DUDFWHUtVWLFDV
&RQVWUXLGRVHQDOXPLQLROLEUHGHFREUH
$FDEDGRGHXQDSLQWXUDDSOLFDGDHOHFWURHVWiWLFDPHQWH\
FRQXQDSHOtFXODGHSROLpVWHU
8/
/,67('),/((
&(57,),('),/(/5
&RPSRXQG)LEUD/XEULFDQWH
&DUDFWHUtVWLFDV
)LEUDOLEUHGHDVEHVWR\FRPSXHVWRVHOODQWHSDUD
DVHJXUDUHOSDVRGHOIUHQWHGHIODPDDWUDYpVGHO
VHOOR
&yGLJR
/LEUD
6&/%
/LEUDV
6&/%
(PSDTXH
6ROXEOHHQDJXDGHDFXHUGRDLQVWUXFFLRQHV
/8%7/XEULFDQWHGHKLORV
8/
(PSDTXH
2Q]DV
/,67('),/((
(PSDTXH
&(57,),('),/(/5

&yGLJR
3)
&yGLJR
2Q]DV
/8%7
2Q]DV
/8%*
7DSRQHV\5HGXFFLRQHVHQDOXPLQLR\ILHUUR
)OH[LEOHVHQEURQFHGHD137
+LOR
137
7DSRQHV&83<5HGXFFLRQHV
IM
&ODVH,*UXSRV$%&'
&ODVH,=RQD*UXSRV,,&,,%,,$
&ODVH,,*UXSRV()*
&DUDFWHUtVWLFDV
AT
7DSRQHV5HGXFFLRQHV\)OH[LEOHV

3/*
3/*

3/*
3/*

3/*
3/*

3/*
3/*

3/*
3/*
+LOR
137
7DSRQHV\UHGXFFLRQHVFRQVWUXLGRVHQDOXPLQLR
OLEUHGHFREUH
8/
/,67('),/((
D
ES
&(57,),('),/(/5
)OH[LEOHVGHEURQFH
+LOR137
6HULH(&)\(.-
&ODVH,=RQD*UXSR,,&,,%,,$
&ODVH,,,
&DUDFWHUtVWLFDV
)OH[LEOHFRQWUHQ]DGRHQEURQFH

&RPRHVWiQGDUWLHQHQHQWUDGDPDFKRKHPEUD
8/

/,67('),/((
&(57,),('),/(/5

&yGLJR
$OXPLQLR )LHUUR
&yGLJR
$OXPLQLR )LHUUR

5
5

5
5

5
5

5
5

5
5

5
5

5
5

5
5

5
5

5
5
/RQJLWXG
&yGLJR

(&)

(&)

(&)

(&)

(&)

(&)

(.-

(.-

(.-

(.-
&DMDV6HULHV*5\$FFHVRULRV
AT
&DMDV6HULH*5DOXPLQLRFRQ\VLQYLVRU
6HULH*5
&ODVH,'LY\*UXSRV%&'
&ODVH,=RQD\*UXSRV,,$,,%,,&
&ODVH,,,'LY\
1(0$;%&'()*
&(1(/(&(([G,,&7R7
&DUDFWHUtVWLFDV
GHFREUH
&LQFRPHGLGDVGLIHUHQWHV
3ODFDGH0RQWDMH
7HUPLQDOGHWLHUUDLQWHUQR
SHOtFXODGHSROLpVWHU
8/
/,67('),/((
&(57,),('),/(/5
IM
,3
&yGLJR
WDSDFLHJD
&yGLJR
WDSDFRQYLVRU
*5%
*5%/
*5(
'LPHQVLRQHV
/
'

*5(/

*50
*50/

*5.
*5./

*5+
*5+/

D
ES
8QLRQHVGHDFRSODPLHQWRWLSR:+
6HULH:+
+LOR137
&yGLJR
&DUDFWHUtVWLFDV

:+

:+

:+

:+

:+
+LOR137
&yGLJR

.'%
$GDSWDGRUSDUDHQWUDGDGH
FRQGXLW
8/
/,67('),/((
&(57,),('),/(/5
'UHQDMH
&ODVH,'LY\*UXSRV&'
&ODVH,,,
0DWHULDO$FHURLQR[LGDEOH
8/
/,67('),/((
&(57,),('),/(/5

(VWDFLRQHVGH&RQWUROSDUD
$UHDV&ODVLILFDGDV
AT
(VWDFLRQHVGHFRQWUROHQDOXPLQLROLEUHGHFREUHUHVLVWHQWHDORVJROSHV
8VRLQWHULRU\H[WHULRU
6HULH);&6);6
&ODVH,'LY\*UXSRV&'
&ODVH,=RQD\*UXSRV,,$,,%
&ODVH,,,
1(0$&'()*
&DUDFWHUtVWLFDV
&RQVWUXLGRVHQDOXPLQLROLEUHGHFREUH
$FDEDGRGHXQDSLQWXUDDSOLFDGDHOHFWURHVWiWLFDPHQWH\
FRQXQDSHOtFXODGHSROLpVWHU
IM
/,67('),/((
&(57,),('),/(/5
'HVFULSFLyQ
+LOR
(VWDFLyQGHFRQWUROXQSXHVWRFRQSXOVDGRU
&yGLJR

3XOVDGRUFRORUYHUGH1$1&
3XOVDGRUFRORUURMR1$1&
);
);


);

OX]SLORWR
;

;
9HUVLyQ
D
ES
8/

(VSHFLILFDUFRORUGHOSLORWR
);

(VWDFLyQGHFRQWUROXQSXHVWRVHOHFWRU212))
,
6HOHFWRUGHSRORV$

);
AT
/XPLQDULDVVHULH90
/XPLQDULDFXHUSRGHDOXPLQLROLEUHGHFREUH
UHVLVWHQWHDODFRUURVLyQ\YLEUDFLRQHV8VRLQWHULRU\
H[WHULRUSDUDiUHDVFODVLILFDGDVFRQULHVJRGH
H[SORVLyQ
+36VRGLRDOWDSUHVLyQ
0+DOXURPHWiOLFR
D
ES
IM
/XPLQDULDEDVH0RJXO
&ODVH,'LY
&ODVH,,'LY
&ODVH,,,
1HPD\[
&HUWLILFDFLRQHV
8/
9HUVLyQ
'HVFULSFLyQ
3RWHQFLD
'LPHQVLRQHV
PP
&yGLJR+36
&yGLJR+0
3HVR
NJ

[
90+363
90+03

[
90+363
90+03

[
90+363

[

[

[

[

/XPLQDULD
FROJDQWH
3HQGDQW
/XPLQDULD
EiFXOR
6WDQFKLRQ
/XPLQDULD
FLHOR&HOOLQJ

90+366
90+06

[
90+366
90+06

[
90+366

90+06

90+36&
90+0&

[
90+36&
90+0&

[
90+36&
[
1RWD1RLQFOX\HOiPSDUDQLDFFHVRULRVGHPRQWDMH

90+03

90+0&

AT
/XPLQDULDVVHULH90
/XPLQDULDFXHUSRGHDOXPLQLROLEUHGHFREUHUHVLVWHQWH
DODFRUURVLyQ\YLEUDFLRQHV8VRLQWHULRU\H[WHULRUSDUD
iUHDVFODVLILFDGDVFRQULHVJRGHH[SORVLyQ
+36VRGLRDOWDSUHVLyQ
0+DOXURPHWiOLFR
,QFOX\HJORERGHYLGULR\UHMLOODGHSURWHFFLyQ
D
ES
IM
/XPLQDULDEDVH0RJXO
&ODVH,'LY
&ODVH,,'LY
&ODVH,,,
1HPD\[
&HUWLILFDFLRQHV
8/
9HUVLyQ
3RWHQFLD
'LPHQVLRQHV
PP
&yGLJR+36
&yGLJR+0
3HVR
NJ
/XPLQDULD
FROJDQWH
3HQGDQW

[
90+363
90+03

[
90+363
90+03

/XPLQDULD
EiFXOR
6WDQFKLRQ

[
90+366
90+06

[
90+366
90+06

/XPLQDULD
FLHOR&HOOLQJ

[
90+36&
90+0&

[
90+36&
90+0&

'HVFULSFLyQ
1RWD1RLQFOX\HOiPSDUDQLDFFHVRULRVGHPRQWDMH

$FFHVRULRV/XPLQDULDVVHULH90
AT
'LIXVRUGHYLGULRWHPSODGR
6HULH
&yGLJR
:
90*YLGULR
:
90*YLGULR
5HMLOODGHSURWHFFLyQ
&yGLJR
:
90$*DOXPLQLR
IM
6HULH
:
90$*DOXPLQLR
&DPSDQDGHUHIOH[LyQ
6HULH
&yGLJR
9036'ILEUDGHYLGULR
:
+5'DOXPLQLR
D
ES
:

IM
6HxDOL]DFLyQ
\7HOHIRQtD
D
ES
AT
<RGDODUP6RXQGHU<<<
AT
&XHUSR3ROLFDUERQDWRWRQRVGLIHUHQWHVGHVRQLGR
3URJUDPDEOHVSRU6ZLWV
&RQWLQXR
7UHQGHSXOVRV
'LHQWHGHVLHUUD
5DPSDVWULDQJXODUHV
&DMD$%6FRORUQDUDQMD5$/
D
ES
IM
,3,(&
9ROXPHQ<G%$P
9ROXPHQ<G%$P
9ROXPHQ<G%$P
7LSR
7HQVLyQ
GHVHUYLFLR
9DULDFLyQ
GHWHQVLyQ
&RUULHQWH
$
9ROXPHQ
GE$
'LPHVLRQHV
PP
3HVR.J
&yGLJR
<
9'&

[[

<
9'&

[[

<
9$&

[[

<
9$&

[[

<
9'&

[[

<
9'&

[[

<
9$&

[[

<
9$&

[[

<
9$&

[[

<
9$&

[[

<RGDODUP6RXQGHU
6WUREH&RPELQDWLRQ</</
AT
&XHUSR3ROLFDUERQDWRWRQRVGLIHUHQWHVGHVRQLGR
3URJUDPDEOHVSRU6ZLWV
&RQWLQXR
7UHQGHSXOVRV
'LHQWHGHVLHUUD
5DPSDVWULDQJXODUHV
&DMD$%6FRORUQDUDQMD5$/
IM
55RMR
$PEDU
99HUGH
%$]XO
D
ES
,3,(&
(QHUJtD-RXOH
9ROXPHQ<G%$P
9ROXPHQ<G%$P
7LSR
7HQVLyQ
GHVHUYLFLR
9DULDFLyQ
GHWHQVLyQ
&RUULHQWH
$
9ROXPHQ
GE$
'LPHVLRQHV
PP
3HVR.J
&yGLJR
</
9'&

[[

</
9$&

[[

</
9$&

[[

</
9$&

[[

</
9$&

[[

6WUREH/LJKW9
6752%(/,*+7%/.
AT
'LVSRVLWLYR GH VHxDOL]DFLyQ ySWLFR XVR

LQWHULRU\H[WHULRU
$SUREDGRSRU9G6
&HUWLILFDFLyQ8/
)iFLOLQVWDODFLyQ
&&
5RMR
PEDU
9HUGH
$]XO
IM
,3,(&
(QHUJtD-RXOH
7LSR
7HQVLyQ
GHVHUYLFLR
&RUULHQWH
$
3HVR.J
9
9'&

9
9
9$&

9
9
9$&

9
&yGLJR
D
ES
6WUREH/LJKW%/.
%/.
7HQVLyQ
GHVHUYLFLR
9'&
5DQJR
GHWHQVLyQ
9
%/.
9'&
9
%/.
9'&
%/.
9$&+]
7LSR
6752%(/,*+7%/.
&DMDGHDOXPLQLRFRORUJULV
5HIOHFWRUGH3OH[LJODVV
8VR,QWHULRU\([WHULRU
5REXVWR
)iFLOLQVWDODFLyQ
&&3HUPDQHQWH
&&7HPSRUDO
(QWUDGDFDEOH[3J
)UHFXHQFLDGHO)ODVKPLQ
,3,(&
(QHUJtDGHO)ODVK
%/.-RXOH
%/.MRXOH
&RUULHQWH
$

)XVLEOHV
[PP
5RMR
PEDU
9HUGH
$]XO
3HVR.J
&yGLJR
7

7

9

7

7

%DOL]DV5RWDWRULDV6/'6/'
AT
$OWDUHVLVWHQFLDDORVDOWRVLPSDFWRV
5HIOHFWRU3OH[LJODVV
0RGRGHRSHUDFLyQFRQWLQXR
8VRYHUWLFDO\KRUL]RQWDOVREUHPiVWLOSDUD%DOL]DV6/'
9HORFLGDGGHOUHIOHFWRUUSP
&&3HUPDQHQWH
&&7HPSRUDO
3RWHQFLD9:
9:
$SUREDFLyQ */ *HUPDQ /OR\G Q )25 02725
75$)),&
D
ES
5RMR
PEDU
9HUGH
$]XO
IM
,3,(&
3HVR.J
&yGLJR
7$

$
7$

$
7$R$

9'&

$
7$R$

6/'
9'&

$
7$

6/'
9'&

$
7$

7LSR
7HQVLyQ
GHVHUYLFLR
6/'
9$&
9DULDFLyQ
GHWHQVLyQ

&RUULHQWH
$
$
6/'
9$&

6/'
9'&
6/'
)XVLEOHV
[PP

/iPSDUDGHKDOyJHQR9:

/iPSDUDGHKDOyJHQR9:

$FFHVRULRVSDUD%DOL]D6/',QVWDODFLyQHQ0iVWLO
(QFKXIHGHH[WHQVLyQ

)UDQJHGHPRQWDMH

%DOL]D%/*/('
AT
%DOL]D%/*/('
%DOL]DFRPSDFWDFRQFDUFD]DGHJRPDVyOLGD\UHVLVWHQWHD
ODVYLEUDFLRQHVWHFQRORJtD/('
/DPiVPRGHUQDWHFQRORJtD/('
/DUJDYLGD~WLO
&XHUSRDQWLYLEUDWRULR
3URWHFFLyQFODVH,,
0RGRGHRSHUDFLyQFRQWLQXDGHVWHOODQWHJLUDWRULR

&&
D
ES
IM
,3,(&
5RMR
PEDU
9HUGH
$]XO
7LSR
7HQVLyQ
GHVHUYLFLR
7ROHUDQFLDGH
WHQVLyQGHVHUYLFLR
&RUULHQWH
$
3HVR.J
%/*/('
9$&'&

P$

%/*/('
9$&

P$

%/*/('
9$&

P$

&yGLJR
%DOL]D6RODU6/6
AT
%DOL]D6RODU'HVWHOODQWH6/6
%DOL]D GH DGYHUWHQFLD DXWyQRPD LQGHSHQGLHQWH GH OD UHG
HOpFWULFDFRQSDQHOVRODULQFRUSRUDGREDWHUtDGHUHVSDOGR
SDUDXVRLQWHULRU\H[WHULRU5HVLVWHQWHDUD\RV89
7LHPSRGHRSHUDFLyQKUVDSUR[LPDGDPHQWH
5HIOHFWRUGHSHUVSH[URMRRiPEDU
,QFOX\HEDWHUtDVUHFDUJDEOHVHVWiQGDUGHP$+
9DULRVPRGRVGHRSHUDFLyQ
5HFRPHQGDGDSDUDDGYHUWHQFLD\VHxDOL]DFLyQQRFWXUQD
&&
IM
$SOLFDFLyQ
$PHQXGRHVQHFHVDULRODLQVWDODFLyQGHVHxDOHVOXPLQRVDV
GH IRUPD PRPHQWiQHD R GHILQLWLYD (Q PXFKDV
RSRUWXQLGDGHV QR KD\ DFFHVR D XQD UHG GH DOLPHQWDFLyQ
HOpFWULFD \ HO FDEOHDGR VH YXHOYH FRVWRVR \ FRPSOHMR OD
EDOL]D 6RODU 6/6 IXQFLRQD LQGHSHQGLHQWH PHQWH GH UHG
HOpFWULFD XVDQGR VX SURSLD HQHUJtD DOPDFHQDGD HQ
EDWHUtDV HVWiQGDU $$ GH P$+ UHFDUJDEOHV
FRQWLQXDPHQWHSRUHOSDQHOVRODULQFRUSRUDGR6XHQFHQGLGR
HVDXWRPiWLFRHQRVFXULGDG
D
ES
,3,(&
7LSR
&RORU
%DWHUtDVP$+
3HVR.J
'LPHQVLRQHV
&yGLJR
6/6
5RMR
[$$
[[

6/6
PEDU
[$$
[[

%DOL]D%/(/('
AT
%DOL]D%/(/('
%DOL]D/('SDUDXVRLQGXVWULDO'LYHUVDVDSOLFDFLRQHVSRUVXV
PRGRVGHRSHUDFLyQILMRSDUSDGHRGHVWHOOR\URWDWRULR
&XHUSRGHSROLFDUERQDWRJULV
3LH]DVPHWiOLFDVHQDFHURLQR[LGDEOH
9DULRVFRORUHVGLVSRQLEOHV
3URWHFFLyQFODVH,,9$&,,,9'&

&&3HUPDQHQWH
&&7HPSRUDO
(QWUDGDGHFDEOH[0
D
ES
IM
,3,(&
5RMR
PEDU
9HUGH
$]XO
7LSR
7HQVLyQ
GHVHUYLFLR
7ROHUDQFLDGH
WHQVLyQGHVHUYLFLR
&RUULHQWH
$
3HVR.J
%/(/('
9$&'&

PD[$

%/(/('
9$&

PD[P$

&yGLJR
6WUREH/LJKW%/6
6752%(/,*+7%/6
AT
&DMDGH7KHUPRSODVWLF$%6
5HVLVWHQWHDORVLPSDFWRV
&&3HUPDQHQWH
(QWUDGDFDEOH[3J
%/6
7HQVLyQ
GHVHUYLFLR
9'&
%/6
9'&
%/6
%/6
7LSR
IM
,3,(&
(QHUJtDGHO)ODVK
%/6-RXOH
%/69-RXOH
)UHFXHQFLDGHO)ODVK
%/6PLQ
%/6PLQ
5DQJR
GHWHQVLyQ
9
&RUULHQWH
$

)XVLEOHV
[PP
5RMR
PEDU
9HUGH
$]XO
3HVR.J
&yGLJR
7

9

7

9$&+]

7

9'&
$

7

D
ES
PLQL+RRWHU+3/
7LSR
7HQVLyQ
GHVHUYLFLR
0,1,+227(5+3/
5HVLVWHQWHDORVDOWRVLPSDFWRV
&DMDGH3ROLFDUERQDWR$%6
&RORUJULVFODUR
&RORU5RMR
8VR,QWHULRU
0RGRGH2SHUDFLyQXVRFRQWLQXR
9ROXPHQG%$
&&
,3,(&
9ROXPHQG%$P
&RUULHQWH
$
3HVR.J
&yGLJR
+3/
9$&+]

+3/
9'&

+3/
9'&

0LQL+RRWHU+3
AT
5HVLVWHQWHDORVLPSDFWRV
)iFLOLQVWDODFLyQ
&DMD7KHUPRSODVWLF$%6FRORUJULV

&ODVHGHSURWHFFLyQ
9,,,
9,FRQFRQH[LyQGHWLHUUDGHSURWHFFLyQ
&&3HUPDQHQWH
3HVR.J
D
ES
IM
,3,(&
9ROXPHQG%$P
0LQL+RRWHU+3
7LSR
'HVFULSFLyQ
+3
0LQL+RRWHU
9$&+]

+3
0LQL+RRWHU
9$&+]

+3
0LQL+RRWHU
9$&+]

0LQL+RRWHU
9'&

0LQL+RRWHU
9'&

0LQL+RRWHU
9'&

0LQL+RRWHU
9'&

+3
0LQL+RRWHU
9'&

+3
0LQL+RRWHU
9'&

+3
+3
+3
+3
+3
7HQVLyQ
GHVHUYLFLR
5DQJRGH
9ROWDMHGHRSHUDFLyQ

&RUULHQWH
6HUYLFLRP$
&yGLJR
6LJQDOOLQJ+RRWHU
+*:DOXPLQLR
AT
5HVLVWHQWHDODFRUURVLyQ
&&3HUPDQHQWH
&&7HPSRUDO
(QWUDGDGHFDEOH3UHQVD0
$SUREDFLyQ*/*HUPDQ/OR\G&HUWLILFDWH
IM
,3,(&
9ROXPHQG%$P
+3:WHUPRSOiVWLFR
5HVLVWHQWHDODFRUURVLyQ
7KHUPRSODVWLFDOWRLPSDFWR$%6
*UDGRGHSURWHFFLyQ,3
9ROXPHQG%$P
5DQJRGHWHPSHUDWXUD
&&3HUPDQHQWH
&&7HPSRUDO
D
ES
,3,(&
9ROXPHQG%$P
+*:DOXPLQLR
7LSR
7HQVLyQ
GHVHUYLFLR
+*:
)UHFXHQFLD
GHVHUYLFLR
5DQJR
GHWHQVLyQ
&RUULHQWH
$
3HVR.J
&yGLJR
9'&

+*:
9'&

+*:
9'&

+*:
9$&
+]

+*:
9$&
+]

+3:WKHUPRSODVWLF
+3:
9'&

+3:
9'&

+3:
9'&

+3:
9$&
+]

+3:
9$&
+]

%X]]HU(OHFWUyQLFRPP
AT
%X]]HU SDUD PRQWDMH HQ JDELQHWHV \

SDQHOHVGHFRQWURO
8VRLQWHULRU
&DMDGH7KHUPRSODVWLF$%6
%DMRFRQVXPRGHFRUULHQWH
2SHUDFLyQFRQWLQXR
.+]
&&
&RORUJULVFODUR
7LSR
7HQVLyQ
GHVHUYLFLR
(.6
9$&'&
(.6
9$&'&
(.6
9$&
IM
,3,(&
9ROXPHQG%$P
5DQJR
GHWHQVLyQ
&RUULHQWH
$
3HVR.J
&yGLJR

D
ES
0LQL6LUHQ.6
6LUHQD HQ FDMD GH 7KHUPRSODVWLF

$%6
5HVLVWHQWHDORVDOWRVLPSDFWRV
&RORUJULVFODUR
8VR LQWHULRU \ H[WHULRU FRQ
SURWHFFLyQ
)iFLOLQVWDODFLyQ
(QWUDGDGHFDEOH3J
&&3HUPDQHQWH
&&7HPSRUDO
,3,(&
9ROXPHQG%$P
7LSR
7HQVLyQ
GHVHUYLFLR
5DQJR
GHWHQVLyQ
&RUULHQWH
$
3HVR.J
&yGLJR
.6
9$&+]

.6
9'&

.6
9'&

6LUHQDV)2),),,),,,
AT
$OWDUHVLVWHQWHDODFRUURVLyQ
6RQLGRSDUDDODUPDVFUtWLFDV
)iFLOLQVWDODFLyQ
3DUDXVRH[WHULRULQFOXLUFDPSDQDGHSURWHFFLyQ
&DMDGH$OXPLQLR
*UDGRGHSURWHFFLyQ,3
,3FRQFDPSDQDGHSURWHFFLyQ
(QWUDGDGHFDEOH
)R),3J
),,3J
),,D),,,E3J
2SHUDFLyQ9HUWLFDO
IM
,3,(&
7LSR
3RWHQFLDGHVDOLGD
D
ES
)R
),
),,
),,D
),,,E
7LSR
'HVFULSFLyQ
7HQVLyQ
GHVHUYLFLR
$SUR[
3
.:

'%$
P

$XGLFLyQDF~VWLFD
)UHF
DIDYRU HQFRQWUD
+]
GHOYLHQWR GHOYLHQWR

3HVR
6LUHQD
7DSD

&RUULHQWH
3DUWLGD$
&RUULHQWH
6HUYLFLR$
&yGLJR
)2
6LUHQD
9$&'&

)2
6LUHQD
9$&'&

)2
6LUHQD
9$&'&

)2
6LUHQD
9$&'&

),
6LUHQD
9$&'&

),
6LUHQD
9$&'&

),)2
7DSDGHSURWHFFLyQ

9$&'&

),,
6LUHQD
),,
7DSDGHSURWHFFLyQ
),,D
6LUHQD
),,D
7DSDGHSURWHFFLyQ
),,,D
6LUHQD
9$&'&

),,OE
6LUHQD
9$&2

),,,E
7DSDGHSURWHFFLyQ

9$&'&

6HPiIRUR\SXHVWRV6$0/('
AT
&DMDGH7KHUPRSODVWLF$%6UHVLVWHQWH
DORVDOWRVLPSDFWRV\SURWHFFLyQ89
&&
/HQWHGHPP
3RWHQFLD:DWW
7LSR
IM
,3,(&
7HQVLyQ
GHVHUYLFLR
9HUVLyQ
3HVR.J
&yGLJR
6$0
9$&
(OHPHQWR

6$0
9$&
(OHPHQWRV

6$0
9$&
(OHPHQWRV

D
ES
6HPiIRUR&RPSDFWR06$0/('
7LSR
7HQVLyQ
GHVHUYLFLR
&DMDGH7KHUPRSODVWLF$%6UHVLVWHQWH
DORVDOWRVLPSDFWRV\SURWHFFLyQ89
&&
/HQWHGHPP
3RWHQFLD:DWW
,3,(&
9HUVLyQ
3HVR.J
&yGLJR
6$0
9$&
(OHPHQWR

6$0
9$&
(OHPHQWRV

6$0
9$&
(OHPHQWRV

7HOpIRQR5HVLVWHO
AT
5HVLVWHQWH DO DJXD \ GH DOWD UHVLVWHQFLD
PHFiQLFD
&RQH[LyQGLUHFWDDOtQHDWHOHIyQLFD
0RGRGHRSHUDFLyQ3'D'70)
7HQVLyQGHOtQHD9'&9'&
5LQJPHORGtDVSURJUDPDEOHV
&RUULHQWHGHOtQHDP$GFP$GF
'LVSOD\OtQHDVDOIDQXPpULFDVGHDSUR[
PP[PP
/RRS
&RUULHQWH
7HQVLyQ
GHOODPDGD
3HVR.J
&yGLJR
P$P$
9HII9HII

D
ES
7LSR
IM
,3,(&
7RQRG%$P
5HVLVW7HO
,QGLFDGRUGHOODPDGDGHWHOpIRQRV)6.
SWLFR\$F~VWLFR
5RMR
PEDU
9HUGH
$]XO
7LSR
)6.
7HQVLyQ
GHVHUYLFLR
9$&
)ODVKMRXOH
7HQVLyQGHVHUYLFLR9$&
7HQVLyQGHOODPDGD9$&
)UHFXHQFLDGHOODPDGD+]
&RUULHQWHGHVHUYLFLRP$
(QWUDGDGHFDEOH[3J[3J
,3,(&
9ROXPHQG%$P
7HQVLyQ
GHOODPDGD
)UHFXHQFLD
&yGLJR
9$&
+]+]

7HOpIRQRV)HUQWHO
7HOpIRQRDQiORJRGHXVRLQGXVWULDOSDUDPXUR\HVFULWRULR
AT
&XHUSRGHSROLFDUERQDWRUHVLVWHQWHDORVLPSDFWRV
&ODYHGHDFFHVR3,1
0HQ~HQLGLRPDV
&RUGyQDUPDGRHQDFHURIOH[LEOH

&&
3HVRNJDSUR[LPDGR
(QWUDGDGHFDEOH[0[0
(VSHFLILFDFLRQHVWpFQLFDV
7HQVLyQGHVHUYLFLR9'&
&RUULHQWHP$
IM
9ROXPHQGHOULQJLQJDSUR[G%$DPWGHGLVWDQFLD
'70))UHFXHQFLDGHDFXHUGRDOD,7874
'XUDFLyQGHOWRQRPV
3'3XOVRPVRPV
'LVSOD\OtQHDVSRVLFLRQHVSRUOtQHDPDWUL][
7LSRGHHQYROYHQWH3ROLFDUERQDWRGHDOWRLPSDFWR
0HGLGDV[[PP
3HVRNJ
D
ES
,3,(&
7RQR!G%$P
5RMR
PEDU
7LSR
7HQVLyQ
GHVHUYLFLR
&RUULHQWH
)HUQ7HO
9'&
P$
6LQGLVSOD\\FRUGyQHVSLUDO

)HUQ7HO
9'&
P$
&RQGLVSOD\\FRUGyQHVSLUDO

)HUQ7HO
9'&
P$
6LQGLVSOD\\FRUGyQDUPDGRGHDFHUR

)HUQ7HO
9'&
P$
&RQGLVSOD\\FRUGyQDUPDGRGHDFHUR

)HUQ7HO=%
9'&
P$
6LQWHFODGR\FRUGyQDUPDGRGHDFHUR

9HUVLyQ

&yGLJR
(([6LJQDO/LJKWG6/%/('
AT
%DOL]D([GV/%/('([SORVLRQ3URRI
SDUDiUHDFODVLILFDGD
'LVSRVLWLYRGHVHxDOL]DFLyQySWLFDUREXVWR
VHUYLFLRSHVDGRSDUDXVRHQiUHDVFRQDWPyVIHUDV
H[SORVLYDV*UXSR,,=RQDV\
GLIHUHQWHVPRGRVGHRSHUDFLyQILMRGHVWHOOR
SDUSDGHRRJLUDWRULR
&RQVWUXFFLyQFRPSDFWD
9HUViWLO
5REXVWD

&&
3HVRNJDSUR[LPDGR
IM
&ODVHGHSURWHFFLyQ$7(;
,,'([W'$,373ROYR
,,*([GH,,&7*DV
,3,(&
D
ES
5RMR
PEDU
9HUGH
$]XO
'LVSRQLEOHHQ
&RORU
,QWHQVLGDG
FG

5RMR
$PEDU
9HUGH
$]XO
%ODQFR
7LSR
7HQVLyQ
GHVHUYLFLR
&RUULHQWH
$
3URWHFFLyQ
3HVR.J
G6/%/('
9'&
PD[P$
1R

G6/%/('
9'&
PD[P$
6L

G6/%/('
9$&
PD[P$
1R

G6/%/('
9$&
PD[P$
6L

&yGLJR
(([6LJQDOOLQJ+RRWHUG*+G5*+
AT
6LUHQD(H[G*+G5*+([SORVLRQ3URRI
SDUDiUHDFODVLILFDGD
'LVSRVLWLYRGHVHxDOL]DFLyQDXGLEOHPRGXODUFRQFXHUSR
GHSROLpVWHUUHIRU]DGDHQILEUDGHYLGULR*UXSR,,
=RQDV
&XHUSRGHSROLpVWHUUHIRU]DGRHQILEUDGHYLGULR
5REXVWD
6HJXULGDGFODVH,,
&DMDGHFRQH[LyQLQWHJUDGDSDUDSURWHFFLyQ([H
VHJXULGDGDXPHQWDGD
IM

&&
3HVRNJDSUR[LPDGR
(QWUDGDGHFDEOH
G*+[0
G5*+[0
&ODVHGHSURWHFFLyQ$7(;
,,*(([GH,,&7
D
ES
,3,(&
9ROXPHQG%$P
7LSR
7HQVLyQ
GHVHUYLFLR
7ROHUDQFLDGH
WHQVLyQGHVHUYLFLR
&RUULHQWH
$
3HVR.J
G*+
9'&

$

G*+
9$&+]

$

G5*+
9$&+]

$

&yGLJR
IM
D
ES
AT
$SDUDWRV0RGXODUHVSDUD3URWHFFLyQ
GH&LUFXLWRV6HULH0&%&XUYD&
PODER DE CORTE 2-3-4P
EN60898
Icn
EN60947-2
Icu
In=163 A
6000 A
10 kA
230V
EN60898
Icn
EN60947-2
Icu
In=163 A
6000 A
20 kA
400V
EN60898
Icn
EN60947-2
Icu
In=163 A
6000 A
10 kA
,QWHUUXSWRUHV0DJQHWRWpUPLFRV07&XUYD&(1
.$(19$&+]
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
1GHSRORV
&RUULHQWH
1RPLQDO
3
3
3
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
&XUYD
&
&
&
&
&
&
&
&
&
&
&
&
.$(19$&+]
D
ES
230V
400V
IM
PODER DE CORTE 1P
AT
07,QWHUUXSWRUHV0DJQHWRWpUPLFRV
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
*:
1GHSRORV
&RUULHQWH
1RPLQDO
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
&DUDFWHUtVWLFDH[FOXVLYD07+3

&XUYD
&
&
&
&
&
&
&
&
&
GH&LUFXLWRV6HULH0&%&XUYD&
PODER DE CORTE 1P
230V
400V
EN60898
Icn
AT
PODER DE CORTE 3-4P
EN60947-2
Icu
230V
PODER DE CORTE 3-4P
EN60898
Icn
EN60947-2
Icu
In=625 A
10000 A
15 kA
In=625 A
10000 A
25 kA
In=3263 A
10000 A
12,5 kA
In=3263 A
10000 A
20 kA
EN60898
Icn
400V
EN60947-2
Icu
In=625 A
10000 A
15 kA
In=3263 A
10000 A
12,5 kA
IM
.$(19$&+]
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
*:
1GHSRORV
&RUULHQWH
1RPLQDO
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
&XUYD
&
&
&
&
&
&
&
&
&
.$(19$&+]
1GHSRORV
&RUULHQWH
1RPLQDO
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
D
ES
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
*:

7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
&XUYD
&
&
&
&
&
&
&
&
&
GH&LUFXLWRV6HULH0&%&XUYDV%\'
AT
PODER DE CORTE 1P
230V
400V
EN60898
Icn
EN60947-2
Icu
In=625 A
10000 A
15 kA
In=3263 A
10000 A
12,5 kA
IM
,QWHUUXSWRUHV0DJQHWRWpUPLFRV07&XUYD%(1
.$(19$&+]
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:
*:
*:
*:
3
3
3
3
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
&XUYD
%
%
%
%
PODER DE CORTE 3-4P
PODER DE CORTE 3-4P
EN60898
Icn
EN60947-2
Icu
In=125 A
10000 A
25 kA
In=125 A
10000 A
15 kA
In=3240 A
10000 A
20 kA
In=3240 A
10000 A
12,5 kA
400V
EN60898
Icn
EN60947-2
Icu
D
ES
230V
,QWHUUXSWRUHV0DJQHWRWpUPLFRV07&XUYD'(1
.$(19$&+]
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:
*:
*:
*:
*:
*:
*:
3
3
3
3
3
3
3
$
$
$
$
$
$
$

7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
&XUYD
'
'
'
'
'
'
'
GH&LUFXLWRV6HULH0&%\07+3&XUYDV&
PODER DE CORTE 2P
PODER DE CORTE 2P
PODER DE CORTE 3-4P
EN60898
Icn
EN60947-2
Icu
In=620 A
25000 A
30 kA
In=25 A
25000 A
25 kA
30 kA
In=3240 A
20000 A
20 kA
25 kA
In=5063 A
15000 A
15 kA
EN60898
Icn
EN60947-2
Icu
400V
In=620 A
25000 A
50 kA
In=25 A
25000 A
40 kA
In=3240 A
25000 A
In=5063 A
25000 A
230V
AT
PODER DE CORTE 3-4P
230V
EN60898
Icn
EN60947-2
Icu
400V
EN60898
Icn
EN60947-2
Icu
In=620 A
25000 A
40 kA
In=620 A
25000 A
25 kA
In=25 A
25000 A
30 kA
In=25 A
20000 A
20 kA
In=3240 A
25000 A
25 kA
In=3240 A
15000 A
15 kA
In=5063 A
20000 A
20 kA
In=5063 A
12500 A
15 kA
IM
.$(19$&+]
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:
*:
*:
3
3
3
$
$
$
7HQVLyQ
1RPLQDO
&XUYD
9$&
9$&
9$&
&
&
&
.$(19$&+]
1GHSRORV
&RUULHQWH
1RPLQDO
*:
*:
*:
*:
6:
3
3
3
3
3
$
$
$
$
$
D
ES
&yGLJR
7HQVLyQ
1RPLQDO
&XUYD
&
&
&
&
&
9$&
9$&
9$&
9$&
9$&
07+3,QWHUUXSWRUHV0DJQHWRWpUPLFRVGH$OWD
3UHVWDFLyQDULHO',1
PODER DE CORTE 1P
PODER DE CORTE 2P
230V
400V
EN60898
Icn
EN60947-2
Icu
In=2063 A
25000 A
25kA
230V
EN60898
Icn
EN60947-2
Icu
In=2063 A
25000 A
50 kA
PODER DE CORTE 3-4P

400V
EN60898
Icn
EN60947-2
Icu
230V
EN60898
Icn
EN60947-2
Icu
In=2063 A
25000 A
25 kA
In=2063 A
25000 A
30 kA
,QWHUUXSWRUHV0DJQHWRWpUPLFRV07+3&XUYD&(1
.$(19$&+]
&yGLJR
*:
*:
*:
*:
1GHSRORV
&RUULHQWH
1RPLQDO
3
3
3
3
$
$
$
$

7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
&XUYD
&
&
&
&
3URWHFFLRQHV'LIHUHQFLDOHV\
DFFHVRULRVPRGXODUHVSDUD6HULHV0707+3
AT
3URWHFFLRQHV'LIHUHQFLDOHV
,QWHUUXSWRUHVGLIHUHQFLDOHV6'&ODVH$&LQVWDQWiQHRV\&ODVH$,5
LQPXQLGDGUHIRU]DGD
&yGLJR
6HQVLELOLGDG ,QWHQVLGDG
*:
*:
P$
P$
*:
*:
*:
P$
P$
P$
*:
*:
P$
P$
7HQVLyQ
1PyGXORV
(1
1GH
SRORV
$
$
9$&
9$&

$
$
$
9$&
9$&
9$&

$
$
9$&
9$&

D
ES
IM
5HI*:<*:LQPXQL]DGRV
&RQWDFWRV$X[LOLDUHV\%RELQDVGH'LVSDUR
&RQWDFWRDX[LOLDUGHSRVLFLyQDELHUWRFHUUDGRPyGXOR
&yGLJR
*:
&DSDFLGDG
FRQWHQ$&
&DSDFLGDG
FRQWVHQ'&
&DSDFLGDG
FRQWHQ'&
$9$9 $9$9 $9$9
7LSRGH
FRQWDFWR
FRQPXWDGR
$3/,&$&,21(6LQGLFDODSRVLFLyQGHORVFRQWDFWRVGHOLQWHUUXSWRU\DVHDPDQXDO
FRPRFRQGLVSDURDXWRPiWLFR
&RQWDFWRDX[LOLDUFRQILJXUDEOHGLVSDURGHUHOpSRVLFLyQDELHUWRFHUUDGR
PyGXOR
&yGLJR
*:
&DSDFLGDG
FRQWHQ$&
&DSDFLGDG
FRQWVHQ'&
&DSDFLGDG
FRQWHQ'&
$9$9 $9$9 $9$9
7LSRGH
FRQWDFWR
FRQPXWDGR
$3/,&$&,21(6DODFFLRQDUODWHFODHVSRVLEOHREWHQHUGRVIXQFLRQHVVHSDUDGDV
LQGLFDFLyQGHDSHUWXUDDXWRPiWLFDGHOLQWHUUXSWRUFRQWDFWRDX[LOLDUGHOGLVSDURGHOUHOp
HLQGLFDFLyQGHODSRVLFLyQGHORVFRQWDFWRVGHOLQWHUUXSWRUHVFRQWDFWRDX[LOLDUGH
SRVLFLyQ

$FFHVRULRVPRGXODUHV\GHFRQWURO
6HULHV$0
AT
&RQWDFWRV$X[LOLDUHV\%RELQDVGH'LVSDUR
%RELQDGHGLVSDURPyGXOR
&yGLJR
7HQVLyQQRPLQDO9
5HVLVWHQFLD
*:
'&$&
2KP
$3/,&$&,21(6VHXWLOL]DSDUDDEULUDGLVWDQFLDHOLQWHUUXSWRUDXWRPiWLFRDOTXHHVWiQ
HQVDPEODGRVWHQVLyQPtQLPDGHIXQFLRQDPLHQWR9QPtQWHQVLyQPi[LPD9QPi[
$FFHVRULRVGH6HJXULGDG
IM
(QFODYDPLHQWRGHPDQHWDFRQFDQGDGR
&yGLJR
'HVFULSFLyQ
1~PHURGHSLH]DV
SRUDSDUDWR
*:
3DUDFDQGDGRVKDVWD2PP
$3/,&$&,21(6%ORTXHODSRVLFLyQ21\2))
7HPSRUL]DGRUHV
7HPSRUL]DGRUHVPXOWLIXQFLyQ
&DPSR
GH5HJXODFLyQ
&DSDFLGDG
GH&RQWDFWRV
10yGXORV
(1
*:
*:
6K
6K
$
$

D
ES
&yGLJR
7HPSRUL]DGRUHVGHLOXPLQDFLyQGHHVFDOHUDV
7HPSRUL]DGRUHVGHHVFDOHUD
&yGLJR
&DPSR
GH5HJXODFLyQ
&DSDFLGDG
GH&RQWDFWRV
10yGXORV
(1
*:
*:
60tQ
60tQ
$
$

,QWHUUXSWRUHV+RUDULRV
,QWHUUXSWRUHV+RUDULRVDQDOyJLFRV
&yGLJR
&ODVH
1GH
&DQDOHV
7HQVLyQ
1RPLQDO
5HVHUYD
GH&DUJD
1PyGXORV
(1
*:
*:
'LDULR
'LDULR

$&'&
$&'&
K
K

$PSHUtPHWUR$QiORJR
AT
6HULHV$0
$PSHUtPHWUR$QDOyJLFR+]
&yGLJR
&DOLEUH
*:
*:
$
$
&RQH[LyQ
3UHFLVLyQ
10yGXORV
(1
'LUHFWD
0HGLDQWH7$$

(VFDODLQWHUFDPELDEOHSDUDDPSHUtPHWURDQDOyJLFR*:
&yGLJR
)RQGRGH(VFDOD
$
$
$
$
)RQGRGH(VFDOD
*:
*:
*:
*:
$
$
$
$
IM
*:
*:
*:
*:
&yGLJR
$PSHUtPHWUR'LJLWDO
$PSHUtPHWUR'LJLWDOGHDFWLYDFLyQDWUDYpVGHWUDQVIRUPDGRUGHFRUULHQWH
&yGLJR
&DOLEUH
&RQH[LyQ
3UHFLVLyQ
10yGXORV
(1
*:
$
0HGLDQWH7$$

7UDQVIRUPDGRUGHLQWHQVLGDG;$
D
ES
7UDQVIRUPDGRUGHLQWHVLGDGSUHFLVLyQ
&yGLJR
&RUULHQWH
SULPDULD
3ULPDULR
FRQEDUUD
3ULPDULR
FRQFDEOH
9$
&ODVH

[PPPi[
[PPPi[
[PPPi[
[PPPi[
[PPPi[
[PPPi[
[PPPi[
2PPPi[
2PPPi[
2PPPi[
2PPPi[
2PPPi[
2PPPi[
2PPPi[

*:
*:
*:
*:
*:
*:
*:
9ROWtPHWUR$QiORJR\'LJLWDO
9ROWtPHWUR$QDOyJLFR\'LJLWDOGHFRQH[LyQGLUHFWD+]
&yGLJR
*:
*:
*:
*:
(VFDOD
7HQVLyQGH
$OLPHQWDFLyQ
9
9
9
3UHFLVLyQ

10yGXORV
(1

&RQWDGRUGHKRUDV
&XHQWDKRUDV
&yGLJR
*:
1GtJLWRV
XQLGDGHVGHFLPDOHV

3UHFLVLyQ
10yGXORV
(1
KV
6HULHV$0
AT
&RQPXWDGRUSDUDWHQVLyQ\FRUULHQWH
&RQPXWDGRUSDUD9ROWtPHWUR
&yGLJR
3RVLFLRQHV
*:
*:

7HQVLyQ
1RPLQDO
,QWHQVLGDG
1RPLQDO
10yGXORV
(1
9
9
$
$

7HQVLyQ
1RPLQDO
,QWHQVLGDG
1RPLQDO
10yGXORV
(1
9
$
&RQPXWDGRUSDUD$PSHUtPHWUR
3RVLFLRQHV
*:
IM
&yGLJR
&RQPXWDGRUGHOtQHD
&yGLJR
*:
*:
3RVLFLRQHV &DUDFWHUtVWLFDV 7HQVLyQ ,QWHQVLGDG 10yGXORV

1RPLQDO 1RPLQDO
(1

&HQWUDO
$
$
9
9

$SOLFDFLRQHV&RQPXWDGRUHVSDUDULHO',1TXHVHSXHGHQXWLOL]DUSDUDHOPDQGRGH
PRWRUHVERPEDVYHQWLODGRUHV
&RQWDFWRUGH,OXPLQDFLyQ
&RQWDFWRUHVXQSRORFRQWHQVLyQGHPDQGR9$&
1
&RQWDFWRV
7LSRGH
&RQWDFWR
7HQVLyQ
1RPLQDO
,QWHQVLGDG
1RPLQDO
10yGXORV
(1
1$
9$&
$
D
ES
&yGLJR
*:
3URWHFFLRQHV
3RUWDIXVLEOHVVHFFLRQDEOHV
&yGLJR
'LPHQVLRQHVGH
IXVLEOHVPP
7HQVLyQ
1RPLQDO
,QWHQVLGDG
1RPLQDO
10yGXORV
(1
*:
[
9$&
$
)XVLEOHV&LOtQGULFRV7LSR**
&yGLJR
'LPHQVLRQHVGH
IXVLEOHVPP
7HQVLyQ
1RPLQDO
,QWHQVLGDG
1RPLQDO
3RGHU
GH&RUWH
*:
*:
*:
[
[
[
9$&
9$&
9$&
$
$
$
.$
.$
.$
$FFHVRULRV
5HSDUWLGRUGH3RORV$KRUL]RQWDOFRQEDUUDVGH[PP
SHUIRUDGDVFRQURVFDGRV0
&yGLJR
'LP([WHUQDV
%[+[3PP
10yGXORV
(1
&RQH[LyQ
(QWUDGD
&RQH[LyQ
6DOLGD
*:
[[

[0
[0

07;7LSR1.$
AT
,QWHUUXSWRUHVGH&DMD0ROGHDGD
SDUDGLVWULEXFLyQ07;\07;(
,QWHUUXSWRUHV$XWyPDWLFR0DJQHWRWpUPLFRV,0 ,7+07;
7LSR1.$
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
IM
07;7LSR1.$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
,QWHUUXSWRUHV$XWyPDWLFR0DJQHWRWpUPLFRV,0 ,7+07;
7LSR1.$
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
07;7LSR1.$
D
ES
,QWHUUXSWRUHV$XWyPDWLFRV0DJQHWRWpUPLFRV,0 ,7+07;
7LSR1.$
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
07;07;(
,QWHUUXSWRUHV$XWyPDWLFRV0DJQHWRWpUPLFRV,0 ,7+07;
7LSR1.$07;(076(0.$
7HQVLyQ
1RPLQDO
1GHSRORV
&RUULHQWH
1RPLQDO
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:'
*:
3
3
3
3
3
3
3
3
3
$
$
$
$
$
$
$
$
$
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
9$&
*:
3
$
9$&
&yGLJR

$FFHVRULRVSDUD&DMD0ROGHDGD
SDUDGLVWULEXFLyQ07;\07;(
AT
0DQGRFRQPDQHWDURWDWLYDDUWLFXODGD
0DQGRH[WHUQRFRQPDQHWDURWDWLYDSDUDSXHUWD
7LSR
'LVWDQFLD
UHJXODEOH
3DUD
LQWHUUXSWRUHV
07;
07;
07;(
076(0
/0i[ PP
/0i[ PP
/0i[ PP
/0i[ PP
)LMR\GHVSOD]DEOH
)LMR\GHVSOD]DEOH
)LMR
)LMR
&yGLJR
*:'
*:'
*:'
*:
5HOpVGHDSHUWXUD
IM
%RELQDGHGLVSDURGHFRUULHQWH
&yGLJR
'HVFULSFLyQ
7HQVLyQGH$OLPHQWDFLyQ
*:'
*:'
*:'
*:'
*:
*:
07;
07;
07;(
07;(
076(
076(
9$&9'&
9$&9'&
9$&9'&
9$&9'&
9$&9'&
9$&9'&
/RVUHOpVGHGLVSDURSDUDODVHULHGHEHQFRQVLGHUDUHOFRQHFWRU*:
5HOpVGHPtQLPDWHQVLyQ
'HVFULSFLyQ
7HQVLyQGH$OLPHQWDFLyQ
*:'
*:'
*:'
*:'
*:
*:
07;
07;
07;(
07;(
076(
076(
9$&9'&
9$&9'&
9$&9'&
9$&9'&
9$&9'&
9$&9'&
D
ES
&yGLJR
/RVUHOpVGHGLVSDURSRUPtQLPDWHQVLyQSDUDODVHULHGHEHQFRQVLGHUDUHO
FRQHFWRU*:
&RQWDFWRVDX[LOLDUHV
&yGLJR
*:'
*:'
*:
'HVFULSFLyQ
1&RQPXW
UHOpGLVS
07;
07;(
076(

,QWHQVLGDG
HQDF$
,QWHQVLGDG
HQGF$
99 99

99 99
99 99
/RVFRQWDFWRVDX[LOLDUHVSDUDLQWHUUXSWRUHVVHULHGHEHQFRPSOHWDUVHFRQHO
FRQHFWRU*:
&RQHFWRUHVSDUDDFFHVRULRV076(
&RQHFWRUSDUDDFFHVRULR076(
&yGLJR
*:
*:
'HVFULSFLyQ
3DUD
,QWHUUXSWRUHV
/RQJLWXGP
076(0
076(0
)LMR
)LMR

0767LSR1.$
AT
,QWHUUXSWRUHVGH&DMD0ROGHDGDSDUD
GLVWULEXFLyQGHSRWHQFLD\076
,QWHUUXSWRUHV$XWyPDWLFR0DJQHWRWpUPLFRV,0 ,7+076
7LSR1.$
&yGLJR
1GHSRORV
&RUULHQWH
1RPLQDO
*:
*:
*:
*:
*:
*:
*:
3
3
3
3
3
3
3
$
$
$
$
$
$
$
IM
0767LSR1.$
7HQVLyQ
1RPLQDO
9$&
9$&
9$&
9$&
9$&
9$&
9$&
,QWHUUXSWRUHV$XWyPDWLFR0DJQHWRWpUPLFRV,0 ,7+076
7LSR1.$
1GHSRORV
&RUULHQWH
1RPLQDO
7HQVLyQ
1RPLQDO
*:
*:
3
3
$
$
9$&
9$&
D
ES
&yGLJR

(QFKXIHV0DFKR%DVHV\$GDSDWGRUHV
1250$,7$/,$1$6HULH63,&
0DFKRV5HFWRV9$&
&yGLJR
*:
*:
*:
*:
AT
(QFKXIHV0DFKRV9RODQWHV
1GH3RORV
&RUULHQWH
1RPLQDO
37
37
37
37
$
$
$
$
7RPDV9RODQWHV
7HQVLyQ
1RPLQDO
9
9
9
9
&RORU
%ODQFR
1HJUR
%ODQFR
1HJUR
7RPDV9RODQWHVFRQREWXUDGRUGHVHJXULGDG9$&
*:
*:
*:
*:
$GDSWDGRUHV
1GH3RORV
&RUULHQWH
1RPLQDO
37
37
37
37
$
$
$
$
IM
&yGLJR
7HQVLyQ
1RPLQDO
9
9
9
9
&RORU
%ODQFR
1HJUR
%ODQFR
1HJUR
$GDSWDGRU0~OWLSOHVDOLGDVFRQREWXUDGRUHVGHVHJXULGDG9$&:
&yGLJR
%DVH
7LSR
37$6
37$6
$3
$3
D
ES
*:
*:
1GH3RORV
7HQVLyQ
1RPLQDO
9
9
&RORU
%ODQFR
1HJUR
$GDSWDGRU0~OWLSOHVDOLGDV1,WVDOLGD1'H9$&:
&yGLJR
*:
1GH3RORV
%DVH
7LSR
37$6
$3
7HQVLyQ
1RPLQDO
9
&RORU
%ODQFR
$GDSWDGRU6LPSOHVDOLGD1,W1'HFRQREWXUDGRUHVGHVHJXULGDG9$&:
&yGLJR
*:
*:
1GH3RORV
%DVH
7LSR
37$6
37$6
$3
$3
7HQVLyQ
1RPLQDO
9
9
&RORU
%ODQFR
%ODQFR
$GDSWDGRU6LPSOHVDOLGD1,W1'HFRQREWXUDGRUHVGHVHJXULGDG9$&:
&yGLJR
*:
1GH3RORV
%DVH
7LSR
37$1'H $ELYDOHQWH

3

7HQVLyQ
1RPLQDO
9
&RORU
%ODQFR
(QFKXIHVPDFKRVYRODQWHVEDMDWHQVLyQ+],3KRUDV
&yGLJR
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
*:
*:
*:
*:
*:
*:
37
37
317
37
37
317
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
D
ES
,3
IM
AT
%DVHVGHHQFKXIHVVHJ~Q1RUPD,(&
,3
,3
(QFKXIHVPDFKRVYRODQWHVEDMDWHQVLyQ+],3KRUDV
&yGLJR
13RORV
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
37
37
317
37
37
317
37
317
37
317
7HQVLyQ
1RPLQDO
9
9
9
9
9
9
9
9
9
9
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
5RMR
5RMR
5RMR
5RMR
(QFKXIHVPDFKRVVREUHSXHVWRVEDMDWHQVLyQ+],3KRUDV
&yGLJR
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
*:
*:
*:
*:
*:
*:
37
37
37
317
37
317
9
9
9
9
9
9

$]XO
$]XO
5RMR
5RMR
5RMR
5RMR

%DVHVGHHQFKXIHVVHJ~Q1RUPD,(&
(QFKXIHVPDFKRVVREUHSXHVWRVEDMDWHQVLyQ+],3KRUDV
&yGLJR
*:
*:
*:
*:
*:
*:
*:
,3
37
37
37
317
37
317
317
&yGLJR
9
9
9
9
9
9
9
13RORV
37
37
317
37
37
317
7HQVLyQ
1RPLQDO
9
9
9
9
9
9
IM
&yGLJR
&RORU

$]XO
$]XO
5RMR
5RMR
5RMR
5RMR
5RMR
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
37
37
317
37
317
37
317
9
9
9
9
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
5RMR
5RMR
5RMR
5RMR
D
ES
13RORV
(QFKXIHVKHPEUDVVREUHSXHVWDVDEDMDWHQVLyQ+],3KRUDV
&yGLJR
*:
*:
*:
*:
*:
*:
,3
,QWHQVLGDG
(QFKXIHVKHPEUDVYRODQWHVEDMDWHQVLyQ+],3KRUDV
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
,3
7HQVLyQ
1RPLQDO
(QFKXIHVKHPEUDVYRODQWHVEDMDWHQVLyQ+],3KRUDV
*:
*:
*:
*:
*:
*:
,3
13RORV
AT
,3
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
37
37
317
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
(QFKXIHVKHPEUDVVREUHSXHVWDVDEDMDWHQVLyQ+],3KRUDV
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
*:
*:
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
37
37
317
37
317
37
317
9
9
9
9
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
5RMR
5RMR
5RMR
5RMR

Bases de enchufes segn Norma IEC 309

Enchufes hembras sobrepuestas a 10 baja tensin 50/60Hz
IP44 6 horas
Cdigo
GW
GW
GW
GW
GW
IP67
62
62
62
62
62
404
408
409
419
420
Tensin
Nominal
Intensidad
Color
2P+T
3P+T
3P+N+T
3P+T
3P+N+T
230V
400V
400V
400V
400V
16
16
16
32
32
Azul
Rojo
Rojo
Rojo
Rojo
Enchufes hembras sobrepuestas a 10 baja tensin 50/60Hz

IP67 6 horas
Cdigo
62
62
62
62
62
426
430
431
441
442
N Polos
Tensin
Nominal
Intensidad
Color
2P+T
3P+T
3P+N+T
3P+T
3P+N+T
230V
400V
400V
400V
400V
16
16
16
32
32
Azul
Rojo
Rojo
Rojo
Rojo
IM
GW
GW
GW
GW
GW
IP44
N Polos
AT
IP44
Enchufes hembras para empotrar a 10 baja tensin 50/60Hz

IP44 6 horas
Cdigo
62
62
62
62
62
62
205
209
210
216
220
221
Tensin
Nominal
Intensidad
Color
2P+T
3P+T
3P+N+T
2P+T
3P+T
3P+N+T
230V
400V
400V
230V
400V
400V
16
16
16
32
32
32
Azul
Rojo
Rojo
Azul
Rojo
Rojo
D
ES
GW
GW
GW
GW
GW
GW
N Polos
IP67
Enchufes hembras para empotrar a 10 baja tensin 50/60Hz

IP67 6 horas
Cdigo
GW
GW
GW
GW
GW
GW
GW
GW
GW
GW
62
62
62
62
62
62
63
63
62
62
227
231
232
238
242
243
253
254
261
262
N Polos
Tensin
Nominal
Intensidad
Color
2P+T
3P+T
3P+N+T
2P+T
3P+T
3P+N+T
3P+T
3P+N+T
3P+T
3P+N+T
230V
400V
400V
230V
400V
400V
400V
400V
400V
400V
16
16
16
32
32
32
63
63
125
125
Azul
Rojo
Rojo
Azul
Rojo
Rojo
Rojo
Rojo
Rojo
Rojo
316
%DVHV\HQFKXIHVVHJ~Q1RUPD,(&
9'&\SDUDDSOLFDFLRQHVHQEDMDWHQVLyQ+]
(QFKXIHPDFKRYRODQWHGHEDMDWHQVLyQ,3
&yGLJR
*:
,3
3
,3
,3
,3
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
$
9LROHWD
,QWHQVLGDG
&RORU
$
9LROHWD
9
(QFKXIHKHPEUDYRODQWHGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3
7HQVLyQ
1RPLQDO
9
(QFKXIHKHPEUDSDUDHPSRWUDUGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3
7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
&RORU
$
9LROHWD
(QFKXIHKHPEUDSDUDHPSRWUDUGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3
D
ES
,3
13RORV
IM
,3
AT
,3
7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
&RORU
$
9LROHWD
(QFKXIHKHPEUDVREUHSXHVWDDGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3
7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
&RORU
$
9LROHWD
(QFKXIHKHPEUDVREUHSXHVWDDGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3
7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
&RORU
$
9LROHWD
(QFKXIHPDFKRVREUHSXHVWRDGHEDMDWHQVLyQ,3
&yGLJR
13RORV
*:
3

7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
&RORU
$
9LROHWD
0XOWLSOLFDGRUHV0yYLOHV\$GDSWDGRUHV
,3
&yGLJR
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
*:
*:
*:
37
37
317
9
9
9

$]XO
5RMR
5RMR
0XOWLSOLFDGRUHVHVWDQFRVFRQVDOLGDV\FODYLMD$+],3
&yGLJR
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
*:
*:
*:
*:
37
37
317
37
9
9
9
9

$]XO
5RMR
5RMR
5RMR
0XOWLSOLFDGRUHVHVWDQFRVFRQVDOLGDV\PHWURVGHFDEOHIOH[LEOH
\FODYLMD$+],3
&yGLJR
*:
*:
*:
,3
AT
,3
0XOWLSOLFDGRUHVHVWDQFRVFRQVDOLGDV\FODYLMD$+],3
IM
,3
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
9
9
9

$]XO
5RMR
5RMR
0XOWLSOLFDGRUHV\DGDSWDGRUHVGHFRQILJXUDFLyQHVWDQFRVFRQFODYLMD
$+],3
&yGLJR
317$
9
D
ES
*:
0DFKR
,(&
,3
*:
37$
9
+HPEUD
,(&
313$
9
0DFKR
,(&
+HPEUD
,(&
317$
9
37$
9
+HPEUD
,(&
37$
9
+HPEUD
,(&
313$
9
$GDSWDGRUGHVLVWHPDPDFKR,(&,3EDVHSDUDXVRGRPpVWLFR
9+]
&yGLJR
*:
,3
37$
9
+HPEUD
,(&
0XOWLSOLFDGRUHV\DGDSWDGRUHVGHFRQILJXUDFLyQHVWDQFRVFRQFODYLMD
$+],3
&yGLJR
,3
+HPEUD
,(&
0DFKR
,(&
+HPEUD
%LYDOHQWH
31$
9
37$
9
'HULYDGRU\DGDSDWDGRUGHVLVWHPDPDFKR,(&,3EDVHSDUDXVR
GRPpVWLFR9+]
&yGLJR
0DFKR
,(&
*:
31$
9

7RPD8VR
5HVLGHQFLDO9
[37$
Y
%DVH,(&
37$
9
$GDSWDGRUHV$SDUDWRVGHPDQGR\
&DMDV0RGXODUHVGH6XSHUILFLH6HULH&RPEL
$GDSWDGRU0yYLOGHVLVWHPD&ODYLMDSDUDXVRGRPpVWLFR%DVH,(&
,3+]
AT
,3
0DFKR
,(&
&yGLJR
*:
%DVH,(&
31$
9
,QWHUUXSWRUHV9$&
37$
9
'HVFULSFLyQ
7LSR
*:
*:
3$;
3$;

IM
&yGLJR
%DVHVGHHQFKXIHFRQREWXUDGRUGHVHJXULGDG9$&
&yGLJR
'HVFULSFLyQ
&ODVH
*:
*:
37$
37$%LYDOHQWH
3
3
%DVHVGHHQFKXIH1RUPD,W'HFRQREWXUDGRUGHVHJXULGDG9$&
'HVFULSFLyQ
&ODVH
*:
*:
37$
37$%LYDOHQWH
3
3
D
ES
&yGLJR
&RQWHQHGRUHVYDFLRVSURWHJLGRVSDUDDSOLFDFLRQHVILMDVRPyYLOHV
&RORUJULV5$/,3FRQILJXUDFLRQHVEDVH
&yGLJR
0yGXORV
*:
*:
*:
*:

1RULILF2 1RULILF2
FRQSDVDFDE
WURTXHO

'LPH[WHUQDV
%[+[3PP
[[
[[
[[
[[
&RQWHQHGRUHVYDFLRVSURWHJLGRVSDUDDSOLFDFLRQHVILMDVRPyYLOHV
&RORUJULV5$/,3FRQILJXUDFLRQHVEDVH
*:
*:
&yGLJR
0yGXORV
*:
*:
*:
*:

1RULILF2 1RULILF2
FRQSDVDFDE
WURTXHO

*:
*:
*:
*:

'LPH[WHUQDV
%[+[3PP
[[
[[
[[
[[
*:

&DMDV0RGXODUHVGH6XSHUILFLH
,3,3DUPDGDV
&yGLJR
'HVFULSFLyQ
'6
,QFOX\H
LQWHUUXSWRUGH$
&DMD&RPELSXHVWR,3
'6
'HVFULSFLyQ
,QFOX\H
HQFKXIHKHPEUD
ELYDOHQWH$
&yGLJR
'6
&yGLJR
'6
'HVFULSFLyQ
,QFOX\H
LQWHUUXSWRUHV
GH$
'6
'HVFULSFLyQ
&yGLJR
,QFOX\H
HQFKXIHVKHPEUD
ELYDOHQWH$
'6
&yGLJR
'HVFULSFLyQ
&yGLJR
'6
,QFOX\H
LQWHUUXSWRUGH$
\HQFKXIHKHPEUD
ELYDOHQWH$
'6
'HVFULSFLyQ
,QFOX\H
LQWHUUXSWRUHV
GH$
'HVFULSFLyQ
,QFOX\H
HQFKXIHVKHPEUD
ELYDOHQWH$
'HVFULSFLyQ
,QFOX\H
LQWHUUXSWRUGH$
\HQFKXIHKHPEUD
ELYDOHQWH$
&DMD&RPELSXHVWR,3
&DMD&RPELSXHVWR,3
'6
,QFOX\H
HQFKXIHKHPEUD
ELYDOHQWH$
&DMD&RPELSXHVWR,3
&DMD&RPELSXHVWR,3
&yGLJR
'HVFULSFLyQ
&DMD&RPELSXHVWR,3
&DMD&RPELSXHVWR,3
&yGLJR
&yGLJR
'6
D
ES
'6
,QFOX\H
LQWHUUXSWRUGH$
&DMD&RPELSXHVWR,3
&DMD&RPELSXHVWR,3
&yGLJR
'HVFULSFLyQ
&DMD&RPELSXHVWR,3
IM
&yGLJR
&DMD&RPELSXHVWR,3
AT
&DMD&RPELSXHVWR,3
'HVFULSFLyQ
&yGLJR
,QFOX\H
HQFKXIHVKHPEUD
ELYDOHQWH$
'6

'HVFULSFLyQ
,QFOX\H
HQFKXIHVKHPEUD
ELYDOHQWH$
7DEOHURVSDUD'LVWULEXFLyQ
6REUHSXHVWRVSDUD%$VHV,(&,3
*:
AT
&XDGURVGHGLVWULEXFLyQSDUDEDVHV,(&
*:
*:
*:
*:
&XDGURVHVWDQFRVYHUWLFDOHVYDFtRVSDUDEDVHV&RPELEORF,3
10yGXORV
(1
17DSDV
IM
&yGLJR
SDUDEDVHV,(&$
SDUDEDVHV,(&$
SDUDEDVHV,(&$
SDUDEDVHV,(&$
7DSD&LHJD
*:
7DSD%DVHSDUD
0yGXORV'RFLOLDULRV

D
ES
*:
*:
*:
*:
*:
*:
*:
*:
3RWHQFLD
'LVLSDEOH:

*:
7DEOHUR(VWDQFR4',1&2FRQFDEOHFRQSURWHFFLyQWHUPRPDJQpWLFD
\GLIHUHQFLDO\WRPD,(&,3
&yGLJR
*:
13RORV
37
7HQVLyQ
1RPLQDO
9
,QWHQVLGDG
[
(VWUXFWXUD0HWiOLFDFRORUDPDULOORGHVHJXULGDGFRQVRSRUWHSDUD
FDEOHVGHKDVWDP
&yGLJR
*:
*:
'LP([WHUQDV
%[+[3PP
[[
;;
3DUD7DEOHURV
7LSR
4',1
4',14',1
(VWUXFWXUD0HWiOLFDFRORUDPDULOORGHVHJXULGDGHTXLSDGRFRQGRV
UXHGDV\WDPERUSDUDFDEOHGHKDVWDP
&yGLJR
*:
'LPH[WHUQDV
%[+[3PP
;;

3DUD7DEOHURV
7LSR
4',14',1
D
ES
IM
AT
&RPELEORF%DVHV&RPSDFWDV
3URWHJLGDV(VWDQFDV,3,3
+HPEUDVILMDVFRQLQWHUUXSWRUGHEORTXHRVLQEDVH+],3
&yGLJR
*:
*:
*:
*:
*:
*:
13RORV
37
37
317
37
37
317
7HQVLyQ
1RPLQDO
9
9
9
9
9
9
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
+HPEUDVILMDVFRQLQWHUUXSWRUGHEORTXHRVLQEDVH+],3
&yGLJR
*:
*:
*:
*:
*:
*:
13RORV
37
37
317
37
37
317

7HQVLyQ
1RPLQDO
9
9
9
9
9
9
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
&RPELEORF%DVHV&RPSDFWDV
3URWHJLGDV(VWDQFDV,3,3
*:
)URQWDOHV
$
*:
)URQWDOHV
$
&yGLJR
IM
17DSDV
*:
*:
*:
10yGXORV
(1
3RWHQFLD
'LVLSDEOH:

SDUDEDVH$
SDUDEDVH$
SDUDEDVH$
+HPEUDVILMDVFRQLQWHUUXSWRUGHEORTXHRFRQEDVH+],3
&yGLJR
*:
*:
*:
*:
*:
*:
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
37
37
317
37
37
317
D
ES
*:
)URQWDO
$
AT
&XDGURVGHGLVWULEXFLyQSDUDEDVHV&RPELEORF
+HPEUDVILMDVFRQLQWHUUXSWRUGHEORTXHRFRQEDVH+],3
&yGLJR
*:
*:
*:
*:
*:
*:
13RORV
7HQVLyQ
1RPLQDO
37
37
317
37
37
317
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
9
9
9
9
9
9
5HJOHWDVFRQEDUUDGHQHXWUR\WLHUUDFRQWRUQLOORV
&yGLJR
5HJOHWD1HXWUR
PP
5HJOHWD7LHUUD
PP
$SWRSDUD
*:
*:
[[
[[
[[
[[
*:
*:
&HUUDGXUDGHVHJXULGDGGHFLOLQGURFRQOODYH
&yGLJR
0DWHULDO
*:
0DWHULDO,Q\HFWDGR

AT
%DVHV)LMDVFRQLQWHUUXSWRUGH
EORTXHRVHJXQ1RUPDV,(&,3,3
%DVHVILMDVFRQLQWHUUXSWRU
GHEORTXHRVHJ~QQRUPDV
,(&
D
ES
IM
6%)6LQEDVHGHIRQGR
&%)&RQEDVHGHIRQGR
,3
%DVHVILMDVKRUL]RQWDOHVSURWHJLGDVFRQLQWHUUXSWRUGHEORTXHR+]
6%),3
&yGLJR
*:
*:
*:
*:
*:
*:
,3
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
37
37
317
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
%DVHVILMDVYHUWLFDOHVSURWHJLGDVFRQLQWHUUXSWRUGHEORTXHR+]
6%),3
&yGLJR
*:1
*:1
*:1
*:1
*:1
*:1
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
37
37
317
37
37
317
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR

%DVHV)LMDVFRQLQWHUUXSWRUGH
EORTXHRVHJXQ1RUPDV,(&
EORTXHRVHJXQ1RUPDV,(&,3,3
&yGLJR
AT
%DVHVILMDVKRUL]RQWDOHVSURWHJLGDVFRQLQWHUUXSWRUGHEORTXHR+]
VLQIRQGR6%),3
,3
13RORV
*:
*:
*:
*:
*:
*:
37
37
317
37
37
317
7HQVLyQ
1RPLQDO
9
9
9
9
9
9
,QWHQVLGDG
&RORU

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
&yGLJR
*:1
*:1
17DSDV
SDUDEDVH$6%)
SDUDEDVH$6%)
D
ES
IM
&XDGURVGHGLVWULEXFLyQSDUDEDVHV6%),3

10yGXORV
(1
3RWHQFLD
GLVLSDEOH:

*:1
*:1
&XDGURVHVWDQFRV,3YDFtRVSDUDEDVHV,(&6HULH6%)
,3
10yGXORV
(1
3RWHQFLD
GLVLSDEOH:
,(&$,3
,(&$,3

*:1
*:1
,(&,3
,(&,3

*:1
6HULH,%YHUWLFDO$,3

&yGLJR
1GH%DVHV
*:1
%DVHVILMDVYHUWLFDOHVSURWHJLGDVFRQLQWHUUXSWRUGHEORTXHR+]
VLQIRQGR6%),3
&yGLJR
13RORV
D
ES
,3
*:1
IM
*:1
AT
&XDGURVGHGLVWULEXFLyQ
4',14%2;,3
*:1
*:1
*:1
*:1
*:1
37
37
317
37
317

7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
9
9
9
9
9

$]XO
5RMR
5RMR
5RMR
5RMR
%DVHV)LMDVFRQ,QWHUUXSWRUGH
%ORTXHRVHJXQ1RUPD,(&,3
%DVHVILMDVVREUHSXHVWDVYHUWLFDOHVFRQLQWHUUXSWRUGHEORTXHR
+],3
&yGLJR
*:
*:
*:
*:
*:
*:
*:
*:
13RORV
37
37
317
37
37
317
37
317
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
9
9
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
5RMR
5RMR
IM
%DVHVILMDVVREUHSXHVWDVYHUWLFDOHVFRQLQWHUUXSWRUGHEORTXHR\5LHO
',1SDUDLQVWDODUPDJQHWRWpUPLFR+],3
&yGLJR
13RORV
7HQVLyQ
1RPLQDO
,QWHQVLGDG
&RORU
*:
*:
*:
*:
*:
*:
*:
*:
37
37
317
37
37
317
37
317
9
9
9
9
9
9
9
9

$]XO
5RMR
5RMR
$]XO
5RMR
5RMR
5RMR
5RMR
D
ES
,3
AT
,3

AT
,QWHUUXSWRUHV5RWDWLYRV6HULH57\
3XOVDGRUHV6HULH36
,QWHUUXSWRUHV5RWDWLYRVGHPDQGR\
HPHUJHQFLDGHD$
9HUVDWLOLGDGGHLQVWDODFLyQHQFDMD
HVWDQFDHQFXDGURVGHGLVWULEXFLyQR
HQFHQWUDOLWDV
,QWHUUXSWRUHV5RWDWLYRVGHVXSHUILFLHYHUVLyQSDUDHPHUJHQFLD
FRQPDQHWDURMD\FDQGDGRHQEULGDDPDULOOD,3
D
ES
,3
IM
$JUXSDFLyQHQEDWHUtDPDGLDQWH
FRQHFWRUWLSRUDFRUHVWDQFR
,3
&RUULHQWH$ 'LPHQVLRQHVH[WHUQDV%[+[3PP
&yGLJR
13RORV
*:
*:

[[
[[
*:
*:
*:

[[
[[
[[
(VWDFLyQGHFRQWURO3DUWLU3DUDU1$1&,3
&yGLJR
'LPHQVLRQHVH[WHUQDV%[+[3PP
*:
,3
[[
(VWDFLyQGHFRQWUROGH(PHUJHQFLD1$1&,3
&yGLJR
'LPHQVLRQHVH[WHUQDV%[+[3PP
*:
[[

IM
AT
*DELQHWHV(VWDQFRVHQ3ROLHVWHU,3
OLEUHVGHKDORJHQRJULVUDO
*DELQHWHVHVWDQFRVHQSROLpVWHUFRQSXHUWDFLHJD\FHUUDGXUD
'LP([WHUQDV
%[+[3PP
D
ES
&yGLJR
*:
*:
*:
*:
*:
*:
[[
[[
[[
[[
[[
[[
10yGXORV
(1
1
&HUUDGXUDV

[
[
[
[
[
3RWHQFLD
'LVLSDEOH:

*DELQHWHVHVWDQFRVHQSROLpVWHUFRQSXHUWDFRQYHQWDQD\FHUUDGXUD
&yGLJR
*:
*:
*:
*:
*:
*:
'LP([WHUQDV
%[+[3PP
10yGXORV
(1
[[
[[
[[
[[
[[
[[
[
[
[
[
[
1
&HUUDGXUDV

3ODFDVGHPRQWDMHFRQWUDWDPLHQWRDQWLFRUURVLyQ
3DUD*DELQHWHV
%[+PP
&yGLJR
*:
*:
*:
*:
*:
*:
[
[
[
[
[
[

3RWHQFLD
'LVLSDEOH:

*DELQHWHV(VWDQFRVHQ3ROLHVWHU,3
OLEUHVGHKDORJHQRJULVUDO
&yGLJR
*:
*:
*:
*:
*:
AT
&RQWUDSXHUWDVFRQELVDJUDVGHSROLpVWHUSDUDLQVWDODFLyQGHHTXLSR
GHPDQGR\VHxDOL]DFLyQ*ULV5$/
3DUD*DELQHWHV
%[+PP
[
[
[
[
[
3DQHOHVWURTXHODGRVFRQDOWXUDGHXQPyGXORSDUDPRQWDMHUiSLGR
*ULV5$/
10yGXORV
(1
IM
&yGLJR
*:)
*:)
*:)
*:)
3DUD*DELQHWHV%DVH
PP

3DUGHULHOHVSDUDLQVWDODFLyQGHDFFHVRULRVGHPRQWDMHUiSLGRSDUD
DSDUDWRVPRGXODUHV
3DUDJDELQHWHV
%[+PP
&yGLJR
D
ES
*:)
*:)
*:)
*:)
[
[
[
[
&DUULO',1GHPRQWDMHUiSLGR
&yGLJR
3DUDJDELQHWHV
%DVHPP
*:)
*:)
*:)
1PyGXORV
(1

-XHJRGHVRSRUWHVGHDFHURSDUDILMDUJDELQHWHV
&yGLJR
'HVFULSFLyQ
*:
*:
6RSRUWHVHQDFHURJDOYDQL]DGR
6RSRUWHVHQDFHURLQR[LGDEOH
7DSDFXEUHPyGXORVHQPDWHULDODLVODQWH*ULV5$/
&yGLJR
'HVFULSFLyQ
*:
7DSDFXEUHPyGXORV*ULV5$/
&HUUDGXUDGHVHJXULGDGFRQOODYH
&yGLJR
'HVFULSFLyQ
*:
&HUUDGXUDGHVHJXULGDGFRQPDQHWD\OODYH

D
ES
IM
AT
&DQDOHWDV6HULH13
(TXLSDGDVFRQ$GKHVLYRGH)LMDFLyQ
&DQDOHWDVFRQWDSDORQJLWXGP
&yGLJR
*:13
*:13
*:13
*:13
*:13
*:13
'LPHQVLRQHV
%[+PP
6HFFLyQ
PP
[
[
[
[
[
[

&ROODUtQSDUDVXMHWDUFDEOHV
&yGLJR
'LPHQVLRQHV
%[+PP
*:13
*:13
[
[

&DMDVGH'HULYDFLyQ(VWDQFDVGH
6XSHUILFLH6HULH&(*:3/$67&
IM
AT
/LEUHVGHKDOyJHQRV
&DMDGHGHULYDFLyQFRQ7DSD\3DVDFDEOHV,3*ULV5$/
'LP,QWHUQDV
%[+[3PP
D
ES
&yGLJR
*:
*:
2[
[[
(QWUDGDV
12ULILFLRV2
7LSRVGH
&LHUUH

3RUSUHVLyQ
3RUSUHVLyQ
&yGLJR
'LP,QWHUQDV
%[+[3PP
(QWUDGDV
12ULILFLRV2
7LSRVGH
&LHUUH
*:
*:
[[
[[

7DLVOGHYXHOWD
7DLVOGHYXHOWD
&yGLJR
'LP,QWHUQDV
%[+[3PP
(QWUDGDV
12ULILFLRV2
7LSRVGH
&LHUUH
*:
*:
*:
[[
[[
[[

7DFHURLQR[LGDEOH
7DFHURLQR[LGDEOH
7DFHURLQR[LGDEOH
&yGLJR
'LP,QWHUQDV
%[+[3PP
20i[2ULILFLRV
D5HDOL]DU
7LSRVGH
&LHUUH
*:
*:
[[
[[
PP
PP
7DLVOGHYXHOWD
7DLVOGHYXHOWD

&DMDVGH'HULYDFLyQ(VWDQFDVGH
6XSHUILFLH6HULH&(*:3/$67&
AT
&DMDGHGHULYDFLyQFRQ7DSDDWRUQLOODGD,3*ULV5$/
&yGLJR
'LP,QWHUQDV
%[+[3PP
'LiPHWUR0i[LPR
D5HDOL]DU
7LSRVGH
&LHUUH
*:
*:
*:
*:
*:
[[
[[
[[
[[
[[
PP
PP
PP
PP
PP
$FHURLQR[LGDEOH
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
3ODFDGHIRQGRGHFKDSD]LQFDGDFRQWRUQLOORGHILMDFLyQDXWRUURVFDQWH
'LP([WHUQDV
%[+PP
&yGLJR
[
[
[
[
IM
*:
*:
*:
*:
&DMDGHGHULYDFLyQHVWDQFDVFRQWDSD
WUDQVSDUHQWH\ELVDJUD,3
D
ES
TP 120C
&DMDFRQSDUHGHVOLVDVFRQWDSDWUDQVSDUHQWHSDUDLQVWDODFLyQGH
HTXLSRVHOpFWULFRV\HOHFWUyQLFRV
&yGLJR
'LP,QWHUQDV
%[+[3PP
'LiPHWUR0i[LPR
D5HDOL]DU
*:
*:
*:
*:
[[
[[
[[
[[
PP
PP
PP
PP
7LSRVGH
&LHUUH
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
&DMDFRQSDUHGHVOLVDVFRQWDSDWUDQVSDUHQWHSDUDLQVWDODFLyQGH
HTXLSRVHOpFWULFRV\HOHFWUyQLFRV
&yGLJR
'LP,QWHUQDV
%[+[3PP
'LiPHWUR0i[LPR
D5HDOL]DU
*:
*:
*:
*:
[[
[[
[[
[[
PP
PP
PP
PP
7LSRVGH
&LHUUH
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
[7RUDLVOELVDJUDV
3ODFDGHIRQGRGHPDWHULDODLVODQWHFRQWRUQLOORGHILMDFLyQDXWRUURVFDQWH
&yGLJR
'LP([WHUQDV
%[+PP
*:
*:
*:
*:
[
[
[
[

AT
/XPLQDULDV(VWDQFDV3URIHVLRQDOHV
HQ3ROLFDUERQDWR6HULH=17,3
IM
5HIOHFWRU2SWLFD([WHQVLYD
5HDFWDQFLDHOHFWUyQLFD,3&/$6(,
FD
G5
/iPSDUD 'LPHQVLRQHV
$[%[&PP
3HVR
HQ.J
3RWHQFLD
0D[
)LMDFLyQ
*:
*:
*:
[:
[:
[:
*
*
*
)'
)'
)'
[[
[[
[[

'67
'67
'67
[:
[:
[:
*
*
*
)'
)'
)'
[[
[[
[[

'67
'67
'67
'67
[:
[:
;:
[:
*
*
*
*
)'
)'
)'
)'
[[
[[
[[
[[

D
ES
&yGLJR
'LVSRQLEOHSDUDFXPSOLPLHQWRGH'HFUHWR6XSUHPR&21$0$
5HI'65HIOHFWRUHVDUPDGRVHQ&KLOH
5HIOHFWRUHVGH(PHUJHQFLD
5HDFWDQFLDHOHFWUyQLFDDXWRQRPtD\KRUD,3&/$6(,
FD
G5
/iPSDUD 'LPHQVLRQHV
$[%[&PP
3HVR
HQ.J
&yGLJR
3RWHQFLD
0D[
)LMDFLyQ
'6
'6
[:K
[:K
*
*
)'
)'
[[
[[

'6
'6
[:K
[:K
*
*
)'
)'
[[
[[

'6
'6
[:K
[:K
*
*
)'
)'
[[
[[

'LVSRQLEOHSDUDFXPSOLPLHQWRGH'HFUHWR6XSUHPR&21$0$
5HI'65HIOHFWRUHVDUPDGRVHQ&KLOH

3DIORQHV(VWDQFRV3URIHVLRQDOHV
HQ3ROLFDUERQDWR6HULH=17,3
AT
&yGLJR
3RWHQFLD
0D[
*:
*:
*:
[:
;:
[:
)LMDFLyQ
/iPSDUD 'LPHQVLRQHV
$[%[&PP
*
*
*
)6'
)6'
)6'
3HVR
HQ.J
[[
[[
[[

IM
5HIOHFWRUGH(PHUJHQFLDFRQ2SWLFD([WHQVLYD
5HDFWDQFLDHOHFWUyQLFDDXWRQRPtDKRUD,3&/$6(,
3RWHQFLD
0D[
)LMDFLyQ
*:
[:
*
/iPSDUD 'LPHQVLRQHV
$[%[&PP
)6'
[[
3HVR
HQ.J

$FXPXODGRUHVGHEDWHUtDWLSR1L&GDXWRQRPtDKRUD
)OXMROXPtQLFRGHHPHUJHQFLDOP
(QFDVRGHHPHUJHQFLDIXQFLRQDVyORXQDOiPSDUD
D
ES
$FFHVRULRV
&yGLJR
5HIOHFWRUHV,QWHQVLYRV
&yGLJR
1~PHURGH
/iPSDUDV
3RWHQFLD
/iPSDUD
'LPHQVLRQHV
$[%[&PP
3HVR
HQ.J
*:
*:
*:

:
:
:
[[
[[
[[

AT
3UR\HFWRUHVGH7HFQRSROtPHUR
+2586,3FRQ&HUWLILFDFLyQ&21$0$
IM
2SWLFD6LPpWULFD([WHQVLYD
,QWHQVLGDG
&yGLJR
3RWHQFLD
0D[
&RORU
,QWHQVLGDG
3HVRHQ.J
*:
[:
*ULVKXPR
$

3UR\HFWRUHV+2586,3&ODVH,,/iPSDUD)64*G
&yGLJR
3RWHQFLD
0D[
&RORU
*:
[:
*ULVKXPR
$
3HVRHQ.J

D
ES
3UR\HFWRUHV+2586FRQDMXVWHGHIDVH,3&ODVH,,/iPS)60*;T

AT
IM
3UR\HFWRUHV+2586,3&ODVH,,
&yGLJR
3RWHQFLD
0D[
*:
[:
/iPSDUD
,QWHQVLGDG
3HVRHQ.J
$

)6'*
D
ES
3UR\HFWRUHV+2586,3&ODVH,,
ST
E27
QE/ME
E27
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
'66
'66
'60
'60
:
:
:
:
$
$
$
$
67
6'
0'
0'
(
5;V
5;V
5;V

2SWLFD6LPpWULFD([WHQVLYDGH(PHUJHQFLD
3UR\HFWRUHV+2586FRQDMXVWHGHIDVH,3&ODVH,,
&yGLJR
3RWHQFLD
0D[
*:
[:
)06*;T
)OXMROXPtQLFRGHHPHUJHQFLDOP

3HVRHQ.J
/iPSDUD
$

AT
IM
3UR\HFWRUHV+2586,3&ODVH,,)LMDFLyQ(
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:6
*:0
*:6
*:0
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

'66
'60
'66
'60
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

D
ES
&yGLJR
&yGLJR*:LQFOX\HOiPSDUDV
5HIHUHQFLD'65HIOHFWRUHVDUPDGRVHQ&KLOHQRLQFOX\HOiPSDUD

3UR\HFWRUHV0XOWLIXQFLRQDOHV
)LMRV\PyYLOHV6HULH*HQLXV,3
IK08 5J
C
GENIUS
POTENCIA
LMPARA
500W
1000/1500W
A
180
355
500W : 1 m
1000W : 1,4 m
1500W : 1,8 m
500 W
2
0.03 m
AT
IP55
210
120
310
150
1000 W-1500 W
2
0.09 m
IM
$SOLFDFLRQHV)LMDVSWLFD6LPpWULFD([WHQVLYD
3UR\HFWRUHV,3&ODVH/iPSDUD+')LMDFLyQ5V
HD
R7S
&yGLJR
3RWHQFLD
0D[
&RORU
,QWHQVLGDG
3HVRHQ.J
*:
*:
*:
*:
:
:
:
:
*ULVJUDILWR
%ODQFR
*ULVJUDILWR
*ULVJUDILWR
$
$
$
$

D
ES
3UR\HFWRUHVFRQGHWSRULQIUDUURMR,3&ODVH/iPS+')LMDFLyQ5V
HD
R7S
&yGLJR
3RWHQFLD
0D[
&RORU
,QWHQVLGDG
3HVRHQ.J
*:
*:
:
:
*ULVJUDILWR
%ODQFR
$
$

3UR\HFWRUHVHQVRSRUWHWXEXODU\WHOHVFySLFRUHJXODEOHPP
,3&ODVH/iPS+')LMDFLyQ5V
HD
R7S
&yGLJR
3RWHQFLD
0D[
&RORU
,QWHQVLGDG
3HVRHQ.J
*:
*:
:
:
*ULVJUDILWR
*ULVJUDILWR
$
$

*:
:
*ULVJUDILWR
$

/RVHTXLSRVFRQVWDQGHUHMLOODGHSURWHFFLyQ\FDEOH+51)GH[PPORQJLWXG
GHPWV\FDOYLMD379,3

3UR\HFWRUHVSDUDWUDEDMRSHVDGR
6HULH7,7$12,3FRQ&HUWLILFDFLyQ&21$0$
IK09 10J
AT
IP66
0.15 m
427
260
418
IM
SWLFD6LPpWULFD([WHQVLYD
3UR\HFWRUHV,3&ODVH)LMDFLyQOiPSDUD(
MT/ST
E40
QE
E4 0
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
*:6
*:0
*:6
*:0
:
:
:
:
$
$
$
$
67
07
67
07
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR

,QFOX\HOiPSDUDV
D
ES
SWLFD$VLPpWULFD([WHQVLYD
MT/ST
E40
QE
E4 0
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
*:6
*:0
*:6
*:0
:
:
:
:
$
$
$
$
67
07
67
07
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR

,QFOX\HOiPSDUDV

AT
3UR\HFWRUHVSDUDWUDEDMRSHVDGR
=21$*=21$'6HULH7,7$12
SRU\HFWRUFRQDMXVWHGHIDVH(;1$,,77'$7&,3
9+=&/$6(,
MT/ST
E40
QE
3RWHQFLD
0D[
*:6
*:0
*:6
*:0
:
:
:
:
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
$
$
$
$
67
07
67
07
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR

IM
&yGLJR
E4 0
D
ES
,QFOX\HOiPSDUD

AT
5HIOHFWRUHV(VWDQFRVGHVXVSHQVLyQ
6HULH.212,3
IM
5HIOHFWRUHVFRQDMXVWHGHIDVHSDQWDOODGHFULVWDOWHPSODGR
,3&ODVH,9+]
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:6
*:0
*:6
*:0
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

'66
'60
'66
'60
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

D
ES
&yGLJR
$FFHVRULRV\5HSXHVWRV
5HMLOODGHSURWHFFLyQ
&yGLJR
'LPHQVLyQ
PP
3HVR
HQ.J
*:
2[K

9LGULR\DQLOORGHFLHUUH
&yGLJR
'HVFULSFLyQ
'LPHQVLyQ
PP
*:
*:
9LGULR
$QLOORGHFLHUUH
2[K
2[K

3HVR
HQ.J

AT
6HULH+$//(,3,3
IM
5HIOHFWRUHVFRQDMXVWHGHIDVHSDQWDOODGHFULVWDOWHPSODGR
,3&ODVH,9+]
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:6
*:0
*:6
*:0
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

'66
'60
'66
'60
:
:
:
:
$
$
$
$
6(
0(
6(
0(
(
(
(
(

D
ES
&yGLJR
3URGXFWRQRFRQVLGHUDNLWGHFLHUUH6LVHUHTXLHUH,3FRQVLGHUDUUHIHUHQFLD*:
$FFHVRULRV
5HMLOODGHSURWHFFLyQ
&yGLJR
'LPHQVLyQ
PP
3HVR
HQ.J
*:
2[K

9LGULRWHPSODGR\DQLOORGHFLHUUH
&yGLJR
'HVFULSFLyQ
*:
.LW9LGULRWHPSODGR

'LPHQVLyQ
PP
2[K
3HVR
HQ.J

IM
AT
FRQFRSD300$,36HULH+$//(
CIERRE PMMA
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:
*:
:
:
$
$
0(6(
0(6(
(
(

'60
'60
:
:
$
$
0(
0(
(
(

'66
'66
:
:
$
$
6(
6(
(
(

D
ES
&yGLJR
&yGLJR*:QRLQFOX\HOiPSDUDV

SWLFD6HPL,QWHQVLYD
AT
5HIOHFWRUHV(VWDQFRVGH6XVSHQFLyQ
=21$*=21$'6HULH+$//($WH[
5HIOHFWRUHVFRQDMXVWHGHIDVH(;1$,,77'$7&,3
9+=&/$6(,
3RWHQFLD
0D[
*:6
*:0
*:6
*:0
:
:
:
:
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
$
$
$
$
67
07
67
07
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR
*ULVJUDILWR

IM
&yGLJR
D
ES
,QFOX\HOiPSDUD

3UR\HFWRUHVSDUDJUDQGHV
LQVWDODFLRQHV6HULH67$',80,3
IK08 5J
AT
IP66
2m
770
0.376 m
650
430
IM
MT/ST
E40
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
*:
*:
:
:
$
$
67
07
*ULVJUDILWR
*ULVJUDILWR

5HIHUHQFLD*:LQFOX\HSDUWLGRU
5HIHUHQFLD*:QRLQFOX\HSDUWLGRU8VDUOiPSDUDGH9FRQSDUWLGRULQFRUSRUDGR
D
ES
SWLFD$VLPpWULFD([WHQVLYD
3UR\HFWRUHV,3&ODVH
MN X528 Cavo
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
*:
*:
:
:
$
$
01
01
*ULVJUDILWR
*ULVJUDILWR

,QFOX\HSDUWLGRUHVSHFLILFDUDOLPHQWDFLyQ
SWLFD6LPpWULFD,QWHQVLYD
MT/ST
E40
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
&RORU
3HVR
HQ.J
*:
*:
:
:
$
$
67
07
*ULVJUDILWR
*ULVJUDILWR

5HIHUHQFLD*:LQFOX\HSDUWLGRU
5HIHUHQFLD*:QRLQFOX\HSDUWLGRU

3UR\HFWRUHV6LPHWULFRV\$VLPpWULFRV
GHJUDQSRWHQFLD6HULH&2/266(80,3
AT
IK08 5J
IP66
3m
602
0.226 m
610
295
IM
2SWLFD6LPHWULFD([WHQVLYD
3UR\HFWRUHV,3&ODVH
MT/ST
E40
MN X528 Cavo
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:
*:
:
:
$
$
0767
01
(
;&$%/(

,QFOX\HSDUWLGRU
3DUDXWLOL]DUFRQHOFRUUHVSRQGLHQWHJUXSRGHDOLPHQWDFLyQ
D
ES
2SWLFD$VLPHWULFD([WHQVLYD
MT/ST
E40
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
*:
:
$
/iPSDUD
0767
,QFOX\HSDUWLGRU
3DUDXWLOL]DUFRQHOFRUUHVSRQGLHQWHJUXSRGHDOLPHQWDFLyQ

)LMDFLyQ
(
3HVR
HQ.J

$FFHVRULRV
AT
$FFHVRULRV
6HULH67$',80\&2/266(80
*UXSRGHDOLPHQWDFLyQ,3&ODVH
&yGLJR
3RWHQFLD
0D[
*:
*:
:
:
,QWHQVLGDG
/iPSDUD
7HQVLyQ
3HVR
HQ.J
$
$
070167
0701
9+]
9+]

,QWHQVLGDG
/iPSDUD
7HQVLyQ
3HVR
HQ.J
$
$
070167
0701
9+]
9+]

*UXSRGHDOLPHQWDFLyQ,3&ODVH
3RWHQFLD
0D[
*:
*:
:
:
IM
&yGLJR
9LGULRWUDQVSDUHQWHGHUHFDPELR6WDGLXP
&yGLJR
'LPHVLRQHV
PP
*:
[
3HVR
HQ.J

9LGULRWUDQVSDUHQWHGHUHFDPELR&RORVVHXP
'LPHVLRQHV
PP
D
ES
&yGLJR
*:
[

3HVR
HQ.J

AT
(TXLSRVSDUDHPSRWUDUSURIHVLRQDOHV
,36HULH$VWULG
IM
5HDFWDQFLD(OHFWUyQLFD
/iPSDUDIOXRUHVFHQWH,3&ODVH,,&RORUEODQFR
&yGLJR
3RWHQFLD
/iPSDUD
1~PHURGH
/iPSDUDV
/iPSDUD
)LMDFLyQ
/iPSDUD
3HVR
HQ.J
*:
*:
*:
*:
:
:
:
:

)60
)60
)60
)60
*;T
*;T
*;T
*;T

D
ES
9HUVLRQHVGH(PHUJHQFLD
/iPSDUDIOXRUHVFHQWH,3&ODVH,,
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
*:
*:
:
:

)60
)60

)LMDFLyQ
*;T
*;T
3HVR
HQ.J

AT
/XPLQDULDVYLDOHVGHPDQWHQLPLHQWR
VLPSOLILFDGR6HULH$YHQXHFHUWLILFDFLyQ&21$0$,3
IM
SWLFD&XWRII,3&ODVH,,FRQDMXVWHGH)DVH
/XPLQDULD9LDOGHWHFQRSROtPHURYLGULRSODQR&RORUJULVSHUOD
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
*:
*:
*:
*:
:
:
:
:
$
$
$
$
0(076(67
0(076(67
0(076(67
0(076(67
(
(
(
(

D
ES
/XPLQDULD9LDOGHWHFQRSROtPHURYLGULRSODQR&RORUJULVSHUOD
&yGLJR
3RWHQFLD
0D[
,QWHQVLGDG
/iPSDUD
)LMDFLyQ
3HVR
HQ.J
'6
'6
'6
'6
:
:
:
:
$
$
$
$
0(076(67
0(076(67
0(076(67
0(076(67
(
(
(
(

&yGLJR*:QRLQFOX\HOiPSDUDV
&RQVXOWHSRUYHUVLyQGH:

IM
AT
(TXLSRVGHPHGLGD
\$FFHVRULRVGHODERUDWRULR
D
ES
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
0XOWtPHWURV0HWUD+LW67$5/,1(
*0&,QVWUXPHQWV
0(75$+LW67$5/,1(
AT
'LVSOD\GtJLWRVFRQEDUUDDQDOyJLFD
'LVSOD\UHWURLOXPLQDGRGHJUDQFRQWUDVWH
VRODERUQDGHFRUULHQWHGHVGHQ$KDVWD$
&HUWLILFDGR'.'HTXLYDOHQWH(1$&LQFOXLGR
6LVWHPDDQWLIDOORVVyORPDQWLHQHDFFHVLEOHVODVERUQDVHQUHODFLyQDODPHGLGDVHOHFFLRQDGD
*UDGRGHSURWHFFLyQ,3
&DWHJRUtDGHPHGLGD&$7,,,9\&$7,99
3HVRFRQEDWHUtDVJUV
%$6(
352
;75$
6L
6L
6L
$&$&'&
m99
m99
$&$&'&
m99
m99
$&$&'&
m99
m99
0HGLGDGHFRUULHQWH$&
0HGLGDGHFRUULHQWH'&
&RQWHQD]D
&RQWHQD]D
P$$
P$$
Q$$
Q$$
$QFKRGHEDQGD
0HGLGD)UHFXHQFLD
.K]
+].K]
.K]
+].K]
.K]
+]0K]
5HVLVWHQFLD
3UXHEDGHFRQWLQXLGDG
3UXHEDGHGLRGR
V0V
6L
6L
V0V
6L
6L
V0V
6L
6L
&DSDFLWDQFLD
,QWHUIDFHLQIUDUURMRSDUD3&
0HPRULD.E
1R
1R
1R
1R
1R
1R
S)m)
6L
6L
1R
1R
7HUPRSDUHV
WLSR-\.
DxR
0$
1R
1R
7HUPRSDUHV
WLSR-\.
DxR
0$
1R
6L
7HUPRSDUHVWLSR-\.
3W\3W
DxR
0$
7LSR
&HUWLILFDGR'.'
D
ES
IM
7506
0HGLGDGH7HQVLyQ$&
0HGLGDGH7HQVLyQ'&
$OLPHQWDFLyQGHUHG
)XQGDSURWHFWRUD
7HPSHUDWXUD
*DUDQWtD
&yGLJR
=&
=&
$FFHVRULRV
&yGLJR
$GDSWDGRUDWHQVLyQGHUHGSDUD;75$
$GDSWDGRU86%SDUD;75$
6RIWZDUH0HWUD9LHZSDUD;75$
)XVLEOH$9SDTGHXQLGDGHV
)XQGDSURWHFWRUD
=*
=&
=*
=/
=&

(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
0XOWtPHWURV
0(75$+,721(3/86
*0&,QVWUXPHQWV
0XOWtPHWURGLJLWDOGHGtJLWRVFRQEDUJUDSKDQDOyJLFR
OHFWXUDGLUHFWD3737DFFHVRULR
AT
0XOWtPHWUR FRQ VHOHFFLyQ DXWRPiWLFD GH UDQJRV SDUD HO XVR HQ WRGRV ORV iPELWRV GH OD
HOHFWURWHFQLD (O 0HWUD+LW 21( RIUHFH WRGDV ODV IXQFLRQHV GH PHGLGD GH XQ PXOWtPHWUR
XQLYHUVDO7HFQRORJtDFRQYLQFHQWHSDUDWRGRVORVUDQJRVGHWHQVLyQUHVLVWHQFLDFRUULHQWH\
WHPSHUDWXUDDVtFRPRXQDDPSOLDJDPDGHIXQFLRQHVDXWRPiWLFDV\GHPHGLGDDGLFLRQDOHV
IM
5HVROXFLyQGtJLWRV\EDUJUDSKDQDOyJLFR
%ORTXHRDXWRPiWLFRGHWHUPLQDOHV$%6IXQFLyQSDWHQWDGD
7HQVLyQP99'&\99$&
&RUULHQWH$$'&$V\P$$$&$V
5HVLVWHQFLD606
7HPSHUDWXUD&&3W3WDFFHVRULRV
3UXHEDGHFRQWLQXLGDG\GLRGRV
0HPRULDGHYDORUHVPtQPi[\'$7$+ROG
9&$7,,,
&HUWLILFDGR&6$
*DUDQWtDDxR
$OFDQFHVXPLQLVWUR0'
0XOWtPHWURGLJLWDOFRQEDWHUtDMXHJRGHSXQWDVGHSUXHED
\IXQGDSURWHFWRUDGHJRPD
7LSR
0(75$+,721(3/86FRQ)XQGDSURWHFWRUDGHJRPD
0'
0XOWtPHWUR7506GLJLWDODQDOyJLFRFRQRSFLyQGHPHGLGDGHDLVODPLHQWR
SDUDHOSHUVRQDOGHOVHUYLFLRHOpFWULFR
D
ES
0(75$+,7,
&yGLJR
0XOWtPHWURXQLYHUVDO\HFRQyPLFRSDUWLFXODUPHQWHGHVDUUROODGRSDUDHOSHUVRQDOGHOVHUYLFLR
HOpFWULFR$SDUWHGHODIXQFLyQGHPXOWtPHWURLQWHJUDXQDIXQFLyQGHPHGLGDGHDLVODPLHQWRGH
99VHJ~Q9'(DVtFRPRXQLQGLFDGRUGHWHPSHUDWXUDGHDOWDSUHFLVLyQ
0XOWtPHWURGLJLWDOUREXVWRGHGtJLWRV
&RQLQGLFDGRUDQDOyJLFR
%ORTXHRDXWRPiWLFRGHWHUPLQDOHV$%6IXQFLyQSDWHQWDGD
,QWHUID],5
9'&9$&'&9$&6&3W3W
0HPRULDGHYDORUHVPtQPi['$7$+ROG

(UURULQWUtQVHFRUHGXFLGRGtJLWRFRQ9'&
&RQMXHJRGHFDEOHV\IXQGDSURWHFWRUDGHJRPD
&HUWLILFDGR&6$
&HUWLILFDGRGHFDOLEUDFLyQ'.'LQFOXLGRHQHOVXPLQLVWUR
*DUDQWtDDxR
$OFDQFHVXPLQLVWUR0%
0XOWtPHWUR GLJLWDO FRQ IXQGD SURWHFWRUD GH JRPD

*+ EDWHUtD MXHJR GH FDEOHV .6 FHUWLILFDGR GH
FDOLEUDFLyQ'.'
7LSR
0(75$+,7,

&yGLJR
0%
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
0XOWtPHWURV
0LOLRKPtPHWURGHSUHFLVLyQ\PXOWtPHWURGHGtJLWRV
OHFWXUDGLUHFWD3737DFFHVRULR
AT
0(75$+,70
*0&,QVWUXPHQWV
(O0(75$+LW0HVXQPLOLRKPtPHWURFRPSDFWRTXHLQWHJUDODVIXQFLRQHVGHPXOWtPHWUR
(VLGHDOSDUDUHDOL]DUWDUHDVGHVHUYLFLRLQVLWX\XQDVHULHGHWDUHDVHQODERUDWRULRV
$SDUWHGHODVPHGLUEDMDVLPSHGDQFLDVVHSXHGHQUHDOL]DUPHGLGDVHQSXQWRVGHXQLyQSRU
VROGDGXUD \ UHPDFKHV GH EDMD UHVLVWHQFLD 8VR HQ DHURQDYHV SURWHFFLyQ DQWLUUD\RV \ SDUD
UHDOL]DUSUXHEDVGHFRQGXFWDQFLDWHVW:LFN
IM
0LOLRKPtPHWUR
P2KPP2KPFRULHQWHGHPHGLGD$\
P2KP2KPFRUULHQWHGHPHGLGDP$
7HUPLQDO.HOYLQPHGLGDGHFRQGXFWRUHV
0HGLGDGHUHVLVWHQFLD2KP02KP
0HGLGDGHWHQVLyQ99'&\99$&

GtJLWRV
0HGLGDGHIUHFXHQFLD+]N+]
0HPRULD'$7$+ROGSDUDYDORUHVGHPHGLGDFRPRPi[LPR
3URWHFFLyQVREUHFDUJD
&HUWLILFDGR&6$
*DUDQWtDDxR
$OFDQFHVXPLQLVWUR0$
0XOWtPHWURGLJLWDOFRQIXQGDSURWHFWRUDGHJRPD*+
EDWHUtDV MXHJR GH FDEOHV .66 FHUWLILFDGR GH
FDOLEUDFLyQ.'.
7LSR
&yGLJR
D
ES
0(75$+,70
7LSR
&yGLJR
1$
1$
=$
=)
'HVFULSFLyQ
)
0$
7LSR
&yGLJR
)XQGDSURWHFWRUDGHJRPD
*+
*7=5
0DOHWDUtJLGDSDUDLQVWUXPHQWRDFFHVRULRV
+&
=$
0DOHWDUtJLGDSDUDLQVWUXPHQWRVDFFHVRULRV
+&
=%
(VWXFKHGHWUDQVSRUWHSDUDLQVWUXPHQWRFRQ*+
)
*7=5
(VWXFKHGHWUDQVSRUWHSDUDLQVWUXPHQWRFRQ*+
)
*7=5
)XVLEOHV
,QVWUXPHQWR
7LSR
))85$N9$&&'
))85$N9$&&'
))85$9
))85$9
0(75$+,7666
0(75$+,76606
0(75$+,721(
0(75$+,721(
)

(PEDODMH
XQLG
XQLG
XQLG
XQLG

&yGLJR
=%
=&
=(
='
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
0HGLGRUHVGHFRUULHQWH
6RQGDVSDUDPHGLUFRUULHQWHVDOWHUQDVHQOXJDUHVGHGLItFLODFFHVR
2IUHFHQDLVODPLHQWRGHSURWHFFLyQHQODPD\RUtDGHORVFDVRVRIUHFHQODRSFLyQGHVHOHFFLyQ
GHUDQJRVUHODFLyQ
/DVVRQGDVIXQFLRQDQHQXQDJDPDGHIUHFXHQFLDVGHN+]FRPRPi[LPR
(OHUURUGHIDVHHVGHFRPRPi[LPRKDVWDN+]
$OLPHQWDFLyQGHWHQVLyQSRUPHGLRGHXQDEDWHUtDGH9FRQXQDYLGD~WLOGHDSUR[K
7LSR
&RUULHQWH
&$7#9
/RQJEXFOH
6HQV
$)$
N$9
,,,#
PP
P9$
P9
,,,#
PP
,,,#
PP
P9$
P9$
P9$
P9$
P9$
P9$
P9
P9
P9
P9
P9
P9
$)$
$9
$9
$9
$9
N$9
N$9
IM
$)$
$)$
$)$
AT
0HGLGRUHVGH
FRUULHQWHIOH[LEOHV
*0&,QVWUXPHQWV
,,,#
PP
(UURU
1DUW
7LSR
&yGLJR
$)$
$)$
$)$
$)$
='
=$
=%
=&
D
ES
7HQD]DVGHFRUULHQWHVHQVRUGHWHPSHUDWXUD
7LSR
,QVWUXPHQWR
:=$
:=%
=$
=
=
=
666,6
21(666,6
21(666,6
21(6666
6666
21(6666
:=$
:=%
,QVWUXPHQWR
&yGLJR
$$&P$$
$$$&FRQPXWDEOH
$'&$$&P9$
$$&P$$
$$&P$$
37&&
=
=$

=
=$
=%
=$
*7=5
*7=5
*7=5
=
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
&DOLEUDGRU
&DOLEUDGRUSRUWiWLOFRQIXQFLyQGHPHGLGDGHFRUULHQWH
SDUDWDUHDVGHPHGLFLyQGHSURFHVRV
AT
0(75$+,7&
/LJKW
P$
P$
P$
*0&,QVWUXPHQWV
(O FDOLEUDGRU 0(75$ +,7 F /LJKW HV XQ LQVWUXPHQWR GH FDOLEUDFLyQ \ VLPXODFLyQ GH
PDJQLWXGHV HOpFWULFDV \ ItVLFDV (V XQ LQVWUXPHQWR SRUWiWLO LGHDO SDUD UHDOL]DU FRQ SUHFLVLyQ
WDUHDVGHFDOLEUDFLyQ\UHYLVLyQLQVLWXHQHOFDPSRGHHQVD\RV\HQHOODERUDWRULR
3HUPLWHFDOLEUDUWUDQVIRUPDGRUHV\FRQYHUWLGRUHVGHPHGLGDDPSOLILFDGRUHVGHDLVODPLHQWR
WUDQVPLVRUHVVHQVRUHVGHWHPSHUDWXUD
(QFRQMXQWRFRQHODGDSWDGRUGHLQWHUID]%'R86%+,7WRGDLQIRUPDFLyQVREUHORVSURFHVRV
\FLFORVGHFDOLEUDFLyQUHIHULGRVDGLVWLQWRVSXQWRVGHPHGLGDSXHGHQVHUWUDQVPLWLGRVDXQ3&
'HHVWDPDQHUDVHPLQLPL]DHOWLHPSRGHDMXVWHGHOFDOLEUDGRU\HOULHVJRGHDMXVWHVHUUyQHRV
(O VRIWZDUH 0(75$ZLQ VLPSOLILFD OD SURJUDPDFLyQ FRQWUROD OD WUDQVPLVLyQ GH GDWRV DO
FDOLEUDGRUUHJLVWUDORVGDWRVGHPHGLGDGHXQPXOWtPHWURFRQHFWDGRSRUPHGLRGHODVDOLGDGH
XQWUDQVIRUPDGRURFRQYHUWLGRU\HIHFW~DXQDQiOLVLVGHYDORUHVQRPLQDOHV\HIHFWLYRV/RV
YDORUHVGHWHFWDGRVVHSXHGHQLPSULPLUHQIRUPDGHSURWRFRORGHFDOLEUDFLyQGHVGHHO3&
IM
&DOLEUDGRUXQLYHUVDOVLPXODGRUPDQHMRVHQFLOOR
)XQFLRQHVGHPHGLGDP$P99&3W1LWHUPRSDUHV-/78.(65
%16
*HQHUDGRUGHIUHFXHQFLDVHLPSXOVRV+]+]
*HQHUDFLyQDEVROXWD\SRUFHQWXDOIRUPDHVFDORQDGD
)XQFLRQHVGHHVFDORQDPLHQWR\UDPSD
0HPRULDGHSURFHVRV
,QWHUID]\VRIWZDUHGHFDOLEUDFLyQ0(75$ZLQQRLQFOXLGR
6LPXODFLyQGHWUDQVPLVRUHVP$
'LVHxRFRPSDFWRVHJ~QORVUHTXHULPLHQWRV&(0
'LPHQVLRQHVPP[PP[PP3HVRNJFRQEDWHUtDV
%DWHUtDV[97LSR$$
*DUDQWtDDxRVPDWHULDO\IDEULFDFLyQDxRFDOLEUDFLyQ
$OFDQFH VXPLQLVWUR 0$ &DOLEUDGRU FRQ EDWHUtDV MXHJR GH FDEOHV .6
DPDULOORQHJUR IXQGD SURWHFWRUD GH JRPD *+ PDQXDO GH VHUYLFLR FHUWLILFDGR GH
FDOLEUDFLyQ'.'
&yGLJR
0(75$+LW&OLJKW
0$
D
ES
7LSR
352),7(67
6,,
&RPSUREDGRUGHLQVWDODFLRQHVHOpFWULFDVTXHFXPSOHWRGDVODVQRUPDV
LQWHUQDFLRQDOHV
(O352),7(676,,SHUPLWHFRPSUREDUWRGDVODVSURWHFFLRQHVUHTXHULGDVVHJ~QOD1RUPD
',19'(SDUWHHLQWHUQDFLRQDOHVFRPRSRUHMHPSOR,(&+'6
)XQFLRQHVGHSUXHED\PHGLGD
7HQVLyQ\IUHFXHQFLD
3UXHEDGHSURWHFFLRQHVGLIHUHQFLDOHV
3URWHFFLyQFRQWUDVREUHLQWHQVLGDG,PSHGDQFLDHQEXFOHFRUULHQWHGHFRUWRFLUFXLWR
,PSHGDQFLDGHUHG\HQEXFOH
5HVLVWHQFLDGHSXHVWDDWLHUUD\IXJDVDWLHUUDPHGLGDGHFRQWLQXLGDG
,QGLFDFLyQHVHQWLGRGHJLUR
$UUDQTXHGHFRQWDGRUHVGHHQHUJtD
7LSR
352),7(676,,
352),7(676,,FRQLPSUHVRUD
5ROORSDSHO[8'363
7LQWDLPSUHVLyQ[8'
&DEOHHLQWHUID]56=

&yGLJR
0+
0+&,
*7=5
*7=5
*7=5$
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
&RPSUREDGRUGH$LVODPLHQWR
0HGLGRUGHDLVODPLHQWR\UHVLVWHQFLDYROWLRVGLJLWDO',19'((1
AT
0(75,62&
*0&,QVWUXPHQWV
3DUDODVPHGLGDVHQLQVWDODFLRQHVHOpFWULFDVGHEDMDWHQVLyQDVtFRPRHQVXHORV\SDUHGHV
DLVODGRUHVRFRQGXFWLYRVHVWHLQVWUXPHQWRLQWHJUDODVVLJXLHQWHVIXQFLRQHV
IM
0HGLGDGHODUHVLVWHQFLDGHDLVODPLHQWR
0HGLGDGHOtQHDVHTXLSRWHQFLDOHVRFRQGXFWRUHVSURWHFWRUHVFRQHOSURFHGLPLHQWRGHODPHGLGDGH
FRQWLQXLGDG
0HGLGDGHFRUULHQWHGHFRQWDFWRIUHFXHQFLD\WHQVLyQ
2SFLRQDOPHQWHPHGLGDGHWHPSHUDWXUD\GHODKXPHGDGUHODWLYDGHODLUH
7RGDVODVPHGLGDVVHHIHFW~DQHQFRQIRUPLGDGFRQODVVLJXLHQWHVQRUPDV
',19'(SDUWH',19'( (1SDUWH\',19'(SDUWH
(1(1,(&,(&
6HxDOL]DFLyQLQHTXtYRFDGHYDORUHVOtPLWH\ODLQIRUPDFLyQGH6,12SRUPHGLRGHFXDWUR/('V
LQGLFDFLyQGHLQIRUPDFLRQHVGHLQWHUpVHQODSDQWDOOD
0HPRUL]DFLyQ GH WRGRV ORV YDORUHV GH PHGLGD VHJ~Q ODV GHQRPLQDFLRQHV GH ORV FLUFXLWRV GH
FRQH[LyQ
&DMDH[WUHPDGDPHQWHUREXVWDFRQSURWHFFLyQDQWLFKRTXH
'LPHQVLRQHVPP[PP[PPDOW$QFK[SURISHVRNJFRQEDWHUtDV
$OLPHQWDFLyQGHWHQVLyQEDWHUtDV,(&/5
$OFDQFHVXPLQLVWUR0$
0HGLGRUGHDLVODPLHQWRFRQFHUWLILFDGRGHFDOLEUDFLyQ
$FFHVRULRVRSFLRQHV
)XHQWH GH DOLPHQWDFLyQ GH FDUJD SDUD VHW GH

DFXPXODGRUHV1$6PDOHWDUtJLGD+&&
-XHJRGHFDEOHVHVSHFLDOHV.6&FDEOHGHPHGLGD\
FDEOHGHPHGLGDGHDOWRRKPHDMH
6RIWZDUHRSFLyQ
6RIWZDUH 36 SDUD FRPSUREDGRUHV $GPLQLVWUDFLyQ

GH LQVWDODFLRQHVPHGLRV GH VHUYLFLR HODERUDFLyQ GH
SURWRFRORV
5DQJRGHPHGLGD
5HVLVWHQFLDDLVODP5,62
5HVLVWHQFLD5/2
7HQVLyQ8,628
&RUULHQWHGHFRQWDFWR,%
.6*6
66
99
P$P$
D
ES
)XQFLyQ
,U'D86%
&RQYHUWHU
7HQVLyQGHPHGLGD &RUULHQWHQRPLQDO
99
982

P$51 N69

P$56

7LSR
&yGLJR
0(75,62&
+&&
0$
=&
$GDSWDGRUGHLQWHUID],5SDUDFRQH[LyQGHFRPSUREDGRUHVFRQ3&V,U'D86%
&RQYHUWLGRU,U'D86%
,QWHUID] WLSR ,5 FRQ VHSDUDFLyQ JDOYiQLFD SDUD OD WUDQVPLVLyQ GH GDWRV HQWUH
FRPSUREDGRU\3&86%
3DUDHVWDEOHFHUODFRPXQLFDFLyQGHGDWRVHQWUHODVLQWHUIDFHV,U'DGHORVFRPSUREDGRUHV
352),7(67 6,, 352),7(67 & 0(75,62 & \ *(2+0 & \ ORV 3& GH OD QXHYD
JHQHUDFLyQFRQLQWHUIDFHV86%
(OVXPLQLVWURLQFOX\HXQ&'520FRQORVGULYHUGHLQWHUID]FRPSDWLEOHVSDUD:LQGRZV
6(0(\;3
7LSR
,U'D86%&RQYHUWHU
6RIWZDUH36(

&yGLJR
==%
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
0HGLGRUGH$LVODPLHQWR
FRQLQGLFDFLyQDQiORJD
*0&,QVWUXPHQWV
(VWRV HTXLSR VLUYH SDUD UHDOL]DU PHGLFLRQHV QR GHVWUXFWLYDV GH UHVLVWHQFLD GH
DLVODPLHQWR H LQVWDODFLRQHV HOpFWULFDV PiTXLQDV WUDQVIRUPDGRUHV FDEOHV \ HQ
GLVSRVLWLYRVHOpFWULFRVSRUHM/RFRPRWRUDVWUDQYtDVQDYHVHOPHGLGRUGHVFDUJD
ORVREMHWRVGHSUXHEDFDSDFLWLYRVFRPRSRUHMFDEOHV\GHYDQDGRVTXHSXHGHQ
FDUJDUVH FRQ OD WHQVLyQ GH SUXHED (Q OD LQGLFDFLyQ PHGLDQWH DJXMD VH SXHGH
REVHUYDUODFDtGDGHWHQVLyQ
0(75,62$
0(75,62$
&RPSUREDGRU GH DLVODPLHQWR FRQ FDEOHV GH PHGLGD \ SXQWDV GH

SUXHEDILMDVSLQ]DVWLSRFRFRGULOR\EDWHUtDVLQFOXLGDVFRUUHD\
PDQXDOGHVHUYLFLR
0(75,62$
&RPSUREDGRUGHDLVODPLHQWR$7FRQFDEOHVGHPHGLGD\SXQWDVGH
SUXHEDILMDVSLQ]DVWLSRFRFRGULOR\EDWHUtDVLQFOXLGDVFRUUHD\
PDQXDOGHVHUYLFLR
IM
AT
0(75,62$
$PSOLRUDQJRGHPHGLGDGHN676
5DQJRGHPHGLGD
7HQVLRQHVGHPHGLGD9999999
0HGLGDVKDVWD9VHJ~Q',19'(
0HGLGDGHWHQVLyQKDVWD9$&'&
9LVXDOL]DFLyQORJDUtWPLFDELHQHVWUXFWXUDGD
&DPSRGHHVFDODVFRQ/('V
&RQH[LyQWLSR*XDUGSDUDHOLPLQDUFRUULHQWHVVXSHUILFLDOHV
0(75,62$
76
76
99999
9999
D
ES
5HVLVWHQFLDDLVODPLHQWR
0(75,62$
7HQVLyQGHSUXHED
0HGLGDGHWHQVLyQ$&'&
$OLPHQWDFLyQGHWHQVLyQ
0DUJHQGHWHPSHUDWXUDGHWUDEDMR
9999
9
9
[95WLSR'
[95WLSR'
&&
&&
$OWXUDVREUHHOQLYHOGHOPDU
KDVWDPHWURV
,3
,3
KRUL]RQWDO
KRUL]RQWDO
'LPHQVLRQHV
[[PP
[[PP
3HVR
NJFRQEDWHUtDV
NJFRQEDWHUtDV
,QGLFHGHSURWHFFLyQ
3RVLFLyQGHXVR
7LSR
&yGLJR
0(75,62$
0(75,62$
(VWXFKHGHWUDQVSRUWH)
-XHJRGHGRVSLQ]DVGHFRFRGULORYHUVLyQ.Y
&RQMXQWRGHFDEOHVGHPHGLGD\SLQ]DVGHFRFRGULOR

0&
0$
=
=%
=&
(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
$PSHUtPHWURGHWHQD]D
*0&,QVWUXPHQWV
7HQD]DVGHPHGLGDFRQLQGLFDGRUDQDOyJLFR\GLJLWDO
AT
/DVWHQD]DVGHPHGLGDSHUPLWHQPHGLUGHIRUPDVHQFLOODODFRUULHQWHHIHFWLYDHQFRQGXFWRUHV
9HQWDMDV
&LUFXLWR GH FRUULHQWH LQLQWHUUXPSLGR VLQ FRQH[LyQ JDOYiQLFD FRQ HO FRQGXFWRU DLVODPLHQWR GH
SURWHFFLyQ
0HGLGDGHFRUULHQWHVKDVWD$VHJXULGDGHOpFWULFDVHJ~Q,(&
0(75$&/,30HPRUL]DFLyQGHYDORUHVGHPHGLGDFRQILMDFLyQPHFiQLFD
0(75$&/,3,QGLFDGRUGLJLWDOGHGtJLWRVVHOHFFLyQDXWRPiWLFDRPDQXDOGHOUDQJRGH
PHGLGD'$7$+2/'HLQGLFDFLyQGHYDORUHV0$;\0,1
0(75$&/,37UHVLQGLFDGRUHVGLJLWDOHVGHGtJLWRVFRQLOXPLQDFLyQGHIRQGR'$7$
+2/'HLQGLFDFLyQGHYDORUHV0$;\0,1
7LSR
1DUWtFXOR
D
ES
IM
0(75$&/,3
0(75$&/,3
0(75$&/,3
0$
0%
0$
7LSR
0(75$&/,3
0(75$&/,3
0(75$&/,3
$SHUWXUD
&DWHJRUtDGHPHGLGD9PD[
'LVSOD\
5HVROXFLyQ
&RUULHQWH
[PP
,,,9,99
$QDORJ
[PP
,,,N9,99
$QDORJ
$DF
$DF
99DF

+]

&ODVH

[[PPNJ
99DF
+]
)XQFLyQ+2/'

[[PP
,,,9
'LJLWDOGtJLWRV
GtJLWRV
$
506DF
$GF
9GFDF
+]
0LQ0D[PV
UDQJ+]N+]
6'LRGRDF~VW
UDQJRV+]N+]
V

WLSR
9,(&/5
[[PPNJ
7HQVLyQ
*DPDGHIUHFXHQFLDV8,
0HPRULD
&RQWLQXLGDG]XPEDGRU
5HVLVWHQFLD
9HORFLGDGPXHVWUHR
,QWHUID]
3UHFLVLyQ
$OLPHQWDFLyQGHWHQVLyQ
'LPHQVLRQHVSHVRFRQEDWHUtDQ
&ODVH
9P$K
[[PPNJ

(5
*
2
6
0 6(
(7 1
& 5$
$0 :
,/ $7
/( 7
%
$8
,QGLFDGRUHVGHOVHFXHQFLDGHJLUR
,QGLFDGRUGHOVHQWLGRGHOFDPSRJLUDWRULRFRQGLVFRHOHFWUyQLFR
HLQGLFDFLyQGHIUHFXHQFLD\WHQVLyQQRPLQDOGHODUHG(1
AT
0(75$3+$6(
*0&,QVWUXPHQWV
1XHVWUR LQGLFDGRU GHO VHQWLGR GHO FDPSR JLUDWRULR 0(75$3+$6( LQWHJUD XQ GLVFR
HOHFWUyQLFR/RV/('DJUXSDGRVHQIRUPDGHFtUFXORSRUXQODGRLQGLFDQHOVHQWLGRGHJLUR\
SRURWURODIUHFXHQFLDGHUHGUHVSHFWLYDPHGLDQWHFRORUHVGLIHUHQWHV'HDFXHUGRFRQODV
SUHVFULSFLRQHVFRUUHVSRQGLHQWHV6HLQGLFDODWHQVLyQGHIDVHDSOLFDGDDVtFRPRODWHQVLyQ
QRPLQDOGHODUHGFRQRWURVLQGLFDGRUHV/('(VWHQXHYRLQGLFDGRUGHOVHQWLGRGHOFDPSR
JLUDWRULRSXHGHIXQFLRQDUFRPRLQGLFDGRUGHWUHVRGRVSRORV
$OFDQFHVXPLQLVWUR
,QGLFDGRU GHO VHQWLGR GH JLUR FDEOHV GH PHGLGD HQFKXIDEOHV

FRQ FRQHFWRUHV SURWHJLGRV FRQWUD HO FRQWDFWR SXQWDV GH
PHGLGD HQFKXIDEOHV HQ ORV FRQHFWRUHV SURWHJLGRV SLQ]D WLSR
FRFRGULOR HQFKXIDEOHV HQ ORV FRQHFWRUHV SURWHJLGRV
EDWHUtDVPDOHWDGHWUDQVSRUWHPDQXDOGHVHUYLFLR
IM
$FFHVRULRVRSFLRQHV *+)XQGDSURWHFWRUDGHJRPD

1$$GDSWDGRUGHUHG99
7LSR
&RGLJR
0$
*7=5
=$
0HWUDSKDVH
)XQGD*+
$GDSWDGRUGHHQHUJtD1$
3+$6(&23
,QGLFDGRUGHOVHQWLGRGHOFDPSRJLUDWRULRFRQ/('V\FRQHFWRUHVSURWHJLGRV
FRQWUDHOFRQWDFWR
D
ES
,QVWUXPHQWRSDUDODGHWHFFLyQGHOVHQWLGRGHOFDPSRJLUDWRULRRGHODVHFXHQFLDGHIDVHVHQ
UHGHVWULIiVLFDV
/('VLQGLFDQVLODVFRQGXFWRUHVIDVHHVWiQEDMRWHQVLyQRQR
$PSOLRUDQJRGHWHQVLRQHV\IUHFXHQFLDV
0DQHMRIiFLOFRQVWUXFFLyQUREXVWD
&DEOHVGHFRQH[LyQILMDVFRQFRQHFWRUHVSURWHJLGRVFRQWUDHOFRQWDFWRWUHVSXQWDVGHSUXHED\XQD
SLQ]DGHFRFRGULORHQFKXIDEOHV
$OFDQFHVXPLQLVWUR
,QGLFDGRU GHO VHQWLGR GH JLUR FDEOHV GH FRQH[LyQ ILMRV FRQ
FRQHFWRUHV SURWHJLGRV FRQWUD HO FRQWDFWR SXQWDV GH SUXHED
HQFKXIDEOHVFOLSFRFRGULORHQFKXIDEOH
$FFHVRULRVRSFLRQHV )(VWXFKH

7LSR
&RGLJR
*705
*7<3
3KDVH&RS
(VWXFKH)
0(75$3+$6(
7LSR
)
&RQIRUPHD',19'((1
9LVXDOL]DFLyQGHOVHQWLGRGHJLUR
9LVXDOL]DFLyQGHODIDVH
9LVXDOL]DFLyQGHODIUHFXHQFLDQRPLQDOGHUHG
9LVXDOL]DFLyQGHODWHQVLyQQRPLQDOGHUHG
5DQJRQRPLQDOGHXVR
'LPHQVLRQHV
3HVR

/('
3+$6(&23
/('
9+] 9+]
[[PP
[[PP
NJ
NJ
3XQWDVGH3UXHED7LSR&ODPS
AT
$SOLFDFLyQ
/DSXQWDVSLQ]DVGHSUXHEDVLUYHQSDUDXQDUiSLGD\VHJXUD
PHGLFLyQ GH FRUULHQWH \ YROWDMH OD YDULHGDG GH WLSRV \
WDPDxRVSHUPLWHDFFHGHU\WRPDUHOSXQWRGHPHGLFLyQVLQ
GLILFXOWDG (O GLVHxR HUJRQyPLFR KD VLGR RSWLPL]DGR SDUD
IDFLOLWDUHOPDQHMRDPi[LPDH[WHQVLyQ
(OPRGHOR./(36SHUPLWHPHGLUHQIRUPDVHJXUDVLQ
FRUWDU OD DLVODFLyQ GH ORV FRQGXFWRUHV (O PRGHOR ./(36
HVWiSURYLVWRFRQSLQ]DVWLSRPDQGtEXODTXHSHUPLWHQ
DJDUUDUFRQGXFWRUHVGHPD\RUWDPDxR~WLOSDUDPHGLFLyQGH
FRUULHQWH (O SURJUDPD RIUHFH SLQ]DV GH DOWD VHJXULGDG
HOpFWULFD9SURWHJLGR
D
ES
./(36
'DWRV7pFQLFRV
IM
3URGXFWR
&yGLJR
$SHUWXUD
PP
$
9
3URWHJLGR

3DUDFDEOH
PP
PP
$
9
3URWHJLGR

&DLPiQ
PP
$
9
3URWHJLGR

5DQJRDSHUWXUD
PP
$
9
3URWHJLGR

./(36
./(36
./(36

3XQWDVGH3UXHED7LSR&ODPS
'DWRV7pFQLFRV
&yGLJR
AT
3URGXFWR

0,&52./(3
PP
$
9
0,&52./(36

D
ES
IM
0$/1
FP
PP39&
$
9
0$/1

%1&$/
FP
5*$8d
$
9

&DLPDQHV&OLS
AT
$SOLFDFLyQ
(ODPSOLRSURJUDPDGHFDLPDQHVRIUHFHXQDJUDQYDULHGDG
GH PRGHORV SDUD P~OWLSOHV DSOLFDFLRQHV /DV SLQ]DV WLSR
FDLPiQVRQPiVFRQYHQLHQWHVSDUDSUXHED\WUDQVIHUHQFLD
GHFRUULHQWHV/RVDILODGRVGLHQWHVGHODSLQ]DPXHUGHQHO
SXQWRGHSUXHEDFRQPtQLPDUHVLVWHQFLD3RUVXVLVWHPDGH
FLHUUH SUHFLVR SXHGH KDFHU FRQWDFWR FRQ FRQGXFWRUHV GH
WUHQ]DGRILQRVyOLGR\PtQLPDVHFFLyQ(OSURJUDPDRIUHFH
SLQ]DVGHDOWDVHJXULGDGHOpFWULFD9SURWHJLGR
D
ES
$.%,
'DWRV7pFQLFRV
IM
3URGXFWR
&yGLJR
PP
5DQJR
$
9
PP3URWHJLGR

PP
5DQJR
$
9
PP3URWHJLGR

PP
5DQJR
$
9
PP3URWHJLGR

$.%
0$6+

5DQJR
$
9
PP
$.6

PP

&DLPDQHV&OLS
'DWRV7pFQLFRV
&yGLJR
AT
3URGXFWR

5DQJRPi[LPR
$
9
PP
$.
PP

PP

$*6
IM
5DQJRPi[LPR
PP
9
D
ES

0,&5260'
&/,3
0LFUR&OLS
5DQJRPP
9
2EV5HTXLHUHDGDSWDGRU
SDUDSHUIRUDFLyQHVWiQGDU
PP

3XQWDVGH3UXHED
AT
$SOLFDFLyQ
/DVSXQWDVGHSUXHEDVRQXWLOL]DGDVSDUDP~OWLSOHVWLSRVGH
PHGLFLyQYROWDMHUHVLVWHQFLD6XSXQWDWLSRDJXMDDFHUDGD
SHQHWUDODVFDSDVGHy[LGRHVWDEOHFLHQGRXQEXHQFRQWDFWR
FRQ HO HTXLSR GH SUXHED /DV FRQH[LRQHV FRQ SXQWRV GH
FRQWDFWRPHQRVYXOQHUDEOHVVHSXHGHQUHDOL]DUSRUODSXQWD
358() OD FXDO HVWi HTXLSDGD FRQ XQD HQWUDGD
SURWHJLGDGHPP
D
ES
3/6:
'DWRV7pFQLFRV
IM
3URGXFWR
&yGLJR
6HW3XQWDVGH3UXHEDV
$
9
PP3URWHJLGR

3XQWDVGH3UXHEDV
9
PP3URWHJLGR

3XQWDVGH3UXHEDV
9
PP3URWHJLGR

3XQWDVGH3UXHEDV
9
PP3URWHJLGR

358()
358()
358())7

3OXJV
AT
$SOLFDFLyQ
/D DPSOLD YDULHGDG GH WLSRV GH SOXJV SHUPLWHQ DO XVXDULR
DUPDUVXVSURSLDVVRQGDVGHPHGLFLyQ\SUXHEDV/RVSOXJV
GHFRQHFWRUSURWHJLGR/$66:6/6FXPSOHQFRQOD
QRUPD,(&\SXHGHQVHUXWLOL]DGRVSDUDWHQVLRQHVGH
9
7RGRV ORV WLSRV GH SOXJV SXHGHQ VHU IiFLOPHQWH
HQVDPEODGRV DWRUQLOODGRV R VROGDGRV VLQ QHFHVLGDG GH
KHUUDPLHQWDVHVSHFLDOHV
'DWRV7pFQLFRV
IM
3URGXFWR
3XQWDVGH3UXHEDV
$
9
PP3URWHJLGR
/$66:
&yGLJR

D
ES
%8(/$.
%8(/$.
%8(/$.
$
9
PP

0i[LPDVHFFLyQGHO
FRQGXFWRUPP

$
9
PP
0i[LPDVHFFLyQGHO
FRQGXFWRUPP

$
9
PP
0i[LPDVHFFLyQGHO
FRQGXFWRUPP

AT
3OXJV
3URGXFWR
'DWRV7pFQLFRV
&yGLJR
$
9
PP

0i[LPDVHFFLyQGHO
FRQGXFWRUPP
IM
.%
$
9
PP
D
ES
%6%.
6/6
94

0i[LPDVHFFLyQGHO
FRQGXFWRUPP
3XQWDVGH3UXHEDV
$
9
PP3URWHJLGR

0i[LPDVHFFLyQGHO
FRQGXFWRUPP

$
9
PP
0i[LPDVHFFLyQGHO
FRQGXFWRUPP

6RFNHWV
AT
$SOLFDFLyQ
/RVHQFKXIHVKHPEUDVHLQFRUSRUDQHQHTXLSRVJDELQHWHV
HTXLSRV GH SUXHED ODERUDWRULRV \ SHUPLWHQ OD FRQH[LyQ
VHJXUD \ UiSLGD SDUD FRQHFWRUHV GH PP DLVODGRV \ QR
DLVODGRV/DVXSHUILFLHGHFRQWDFWREDxDGDHQSODWDSHUPLWH
XQDWUDQVPLVLyQFRQILDEOHGHVHxDOHVGHEDMRQLYHO\IXHUWHV
FRUULHQWHV(OSURJUDPDRIUHFHHOPRGHOR6(%*0GH
DOWDVHJXULGDGHOpFWULFDSDUD9SURWHJLGR
'DWRV7pFQLFRV
IM
3URGXFWR
&yGLJR
$
9
PP
3.,$

D
ES
$
9
PP

3XQWDVGH3UXHEDV
$
9
PP3URWHJLGR

3.1,%
6(%*0

0/6**/
0/6:*/
0/6:6/

D
ES
PP
IM
AT
([WHQVLRQHV$9
PP
PP
PP

PP
IM
0/1/
AT
([WHQVLRQHV$9

PP

D
ES

PP

PP

IM
'DWRV7pFQLFRV
D
ES
AT
7DEOD
AT
7DEODEiVLFDGHFDUJDDGPLVLEOH
7DEODGHFDUJDGHFRUULHQWHDGPLVLEOHSDUDFDEOHVIOH[LEOHVFRQWHQVLRQHVQRPLQDOHVKDVWD9EDVDGRHQ9'(
SDUWH9'(SDUWH\9'(DWHPSHUDWXUDDPELHQWH&
%
$
G
G
6HFFLyQQRPLQDOGH
FRQGXFWRUGH&XHQ
PP
&DUJDDGPLVLEOHVHJ~Q
)DFWRUHVGH
FRQYHUVLyQSDUD
'LIHUHQWH
7DPELHQWH
y
&DUJDDGPLVLEOHHQ$

',19'(3DUWH
*UXSR

D
ES

IM
1GHFRQGFRQFDUJD
'
&
+'6
+'6

',19'(SDUWH
*UXSR

',19'(SDUWH
*UXSR
7DEODV
$JUXSDPLHQWR

'LVSRVLFLyQ
$+9.+9.+=.+=.g/)/21)(3+51)6,)/(;+1'&DEOHVPRQRSRODUHV
%+51)WRGRVORVg/)/(;
&7RGRVORVg/)/(;6,/)/(;2/)/21PXOWLFRQGXFWRUHV
'.5$1)/(;1(2)/(;2/)/(;)1(2)/(;)
&DEOHVXQLSRODUHVVHSDUDGRVPtQLPRHOGLiPHWURGHOFDEOH
&DEOHVPXOWLFRQGXFWRUHVGLVSXHVWRVGLUHFWDPHQWHVREUHODSDUHG

7DEOD
3DUDFDEOHVGHSRGHUGHDOWD7
9'(SDUWH
7LSRGHFDEOHV
39&UHVLVWHQWHDDOWD7
/$337+(50
PRQRFRQGXFWRUHV
1GHFRQGXFWRUHV
FRQFDUJDV
7DPELHQWHHQ&
y

D
ES

6,/)/(; 6,+)
6,/)/(; 6,+)*/6
6,/)/(; (:.)
6,/)/(; (:.)&
6,/)/(; 6,)
6,/)/(; 6,)*/
6,/)/(; 6,'
6,/)/(; 6,=
IM
0pWRGRGHLQVWDODFLyQ
6LOLFRQD6,5
/$337+(50
PXOWLFRQGXFWRUHV
y
AT
7DEODGHFRQYHUVLyQ

7DEOD
)DFWRUHVGHFRQYHUVLyQSDUDFDEOHVDJUXSDGRV9'(SDUWHWDEOD

&DQWLGDGGHFDEOHVVREUHSXHVWRV
)DFWRUHVGHFRQYHUVLyQ

&DSDFLGDGGHFDUJD
AT
7DEOD
)DFWRUHVGHFRUUHFFLyQSDUDYDULDFLRQHVGHWDPELHQWHUHIHULGRDODQRUPD9'(SDUWHWDEOD
7HPSHUDWXUDDPELHQWHUHFRPHQGDGD\RSHUPLWLGD
&
7HPSHUDWXUDDPELHQWH&
7DEOD
7$%/$)DFWRUHVGHFRQYHUVLyQSDUDFDSDFLGDGGHFDUJDHQWDEOD

IM

&
&
&
D
ES
)DFWRUHVGHFRQYHUVLyQSDUDFRQGXFWRUHV
\FDEOHVPXOWLILODUFRQGLiPHWURKDVWD
PP5HIHULGRDODQRUPD9'(
SDUWHWDEOD
&DQWLGDGGHFRQGXFWRUHV
SRU0XOWLSDU
)DFWRUHVGHFRUUHFFLyQ

7DEOD
)DFWRUHVGHUHGXFFLyQSRUDJUXSDPLHQWR
'LVSRVLFLyQGHFDEOHVFRQWLJXRV
$JUXSDGRVHQXQDVXSHUILFLHVREUHHO
VXHORHPSRWUDGRVRHPEXWLGRVGXFWRV

1GHFLUFXLWRVRFDEOHVPXOWLFRQGXFWRUHV

&DSD~QLFDVREUHSDUHGVXHORR
VXSHUILFLHVLQSHUIRUDU

&DSD~QLFDHQHOWHFKR

&DSD~QLFDHQXQDVXSHUILFLHSHUIRUDGD
YHUWLFDOXKRUL]RQWDO

&DSD~QLFDFRQDSR\RGHEDQGHMD
HVFDOHULOODVRDEUD]DGHUDV

6LQUHGXFFLyQDGLFLRQDO
SDUDPiVGHFLUFXLWRVR
FDEOHVPXOWLFRQGXFWRUHV
5HVLVWHQFLDVGHFRQGXFWRUHV
AT
(VWUXFWXUDGHOFDEOHWUHQ]DGR
5HVLVWHQFLDVGH&RQGXFWRUHV
5HVLVWHQFLDGHFRQGXFWRUHVGHKLORILQRH[WUDFWRGH9'(\HQFRQFRUGDQFLDFRQODV
GHWHUPLQDFLRQHVLQWHUQDFLRQDOHVSDUDODHVWUXFWXUDGHXQFRQGXFWRU(VHOGLiPHWURGHDODPEUHLQGLYLGXDOPi[\OD
UHVLVWHQFLDGHOFRQGXFWRUPi[
PP

5HVLVWHQFLDGHOFRQGXFWRU
D&SDUD.PHQ
GHDODPEUHVHVWDxDGRV
&DW
&DW

6HFFLyQ
QRPLQDO
29DORUPi[LPR
GHDODPEUHVQRHVWDxDGRV
&DW
&DW

PP

5HVLVWHQFLDGHOFRQGXFWRU
D&SDUD.PHQ
GHDODPEUHVHVWDxDGRV
&DW
&DW

IM
6HFFLyQ
QRPLQDO
(VWUXFWXUDGHFDEOHWUHQ]DGR9'(
UHVSDSDUWLUPPHQFRQFRUGDQFLDFRQ,(&
6HFFLyQ
&RUGRQHV
GHYDULRV
DODPEUHV
9'(
FDWHJRUtD
&RUGyQ
PXOWLILODU
PP

&RUGyQGH
KLORILQR
9'(
&DWHJRUtD
&RUGyQGHKLORILQtVLPR
9'(
&DWHJRUtD
[
[
[
[
[
[
[
[
[

[
[
[
[
[
[

[
[
[
[
[
[
D
ES

[
[
[
[
[
[
[

[
[
[
[
[
[
[

[
[
[
[
[
[
[

[
[
[
[
[
[
[

[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[
[

[
[
[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[
[
[

[
[

[
[
[
[

29DORUPi[LPR
GHDODPEUHVQRHVWDxDGRV
&DW
&DW

0HGLGDVDQJORDPHULFDQDV
$:*
5HVLVWHQFLD
GHOFRQGXFWRU
.P
6HFFLyQ
'LiPHWUR

PP
PP

$:*
'LiPHWUR
PP
1

IM
1
AT
&yGLJR
,QGLFDFLRQHVGHGLPHQVLRQHVLQJOHVDV\QRUWHDPHULFDQDVSDUDFDEOHV\OtQHDV(QOD]RQDGHLQIOXHQFLDQRUWHDPHULFDQDODV
GLPHQVLRQHVGHFRQGXFWRUHVGH&8SDUDDOWDLQWHQVLGDG\WHOHFRPXQLFDFLyQVHLQGLFDQXVXDOPHQWHHQQ~PHURV$:*
/RVYDORUHVFRUUHVSRQGLHQWHVVRQ
6HFFLyQ

PP
5HVLVWHQFLD
GHOFRQGXFWRU
.P

D
ES
&203$5$&,1'(/$6=21$6'($35,(7$3*0e75,&2137
6.,1723676.,1723670

3*
137
3*
137
137
137
137
0P
3J
3*
3*
0
3*
3*
3*
0
0
0
3*
0
3*
0pWULFR
0
3*
0

0

0P
+'3(
3ROLHWLOHQR
GHEDMDSUHVLyQ

*
(30(3'0
73(
(WLOHQR3URSLOHQR
&DXFKR
7HUPRSOiVWLFR
3ROLROHILQD
(ODVWyPHUR
73(6
*
(9$
(WLOYLQLODFHWDWR
(VWLURO
7ULEORTXH
&RSROtPHUR
*
6,
&DXFKRGHVLOLFRQD
73((
*
&5
&DXFKR
GHFORURIHQR
7HUPRSOiVWLFR
3ROLHVWHU
(ODVWyPHUR
3)$
3HUIOXRUDOFR[L
SROLPHUR
<
<
(7)(
(WLOHQR
WHWUDIOXRUHWLOHQR
<
<
)(3
37)(
3ROLWHWUDIOXRU
HWLOHQR
<
<
<
<
<
7HWUDIOXRUHWLOHQR
+H[DIOXRUSURSLOHQR
&RSROtPHUR
3%73
3$
7HUHIWDODWR
GHSROLEXWLOHQR
3ROLDPLGD
385
/'3(
3ROLHWLOHQR
GHDOWDSUHVLyQ
3ROLXUHWDQR
39&
&ORUXURGHSROLYLQLOR
UHVLVWHQWHDOFDORU
<
6tPERORV
VHJ~Q9'(

&&
&&
&&

&&

&&

&&
&&
&&
&&
&&
&&
&&
&&
&&

&&

&RQVWDQWH
GLHOpFWULFD

&&
&&
&&
7HPSHUDWXUD
GH7UDEDMR

'LODWDFLyQ
GHURWXUD

$EVRUFLyQ
GHDJXD
&
PX\EXHQD
PX\EXHQD
PX\EXHQD
PX\EXHQD
PRGHUDGD
PX\EXHQD
PX\EXHQD
EXHQD
EXHQD
PX\EXHQD
PX\EXHQD
EXHQD
PRGHUDGD
EXHQD
SHTXHxD
SHTXHxD
PRGHUDGD
PRGHUDGD
5HVLVWHQFLD
DO
FRPEXVWLEOH
PX\EXHQD
PX\EXHQD
EXHQD
EXHQD
EXHQD
PRGHUDGD
PRGHUDGD
EXHQD
EXHQD
5HVLVWHQFLD
DODFHLWH
QR
LQIODPDEOH
QR
LQIODPDEOH
LQIODPDEOH
LQIODPDEOH
DXWRH[WLQJXLEOH
LQIODPDEOH
LQIODPDEOH
DXWRH[WLQJXLEOH
DXWRH[WLQJXLEOH
,QIODPDELOLGDG
EXHQD
EXHQD
PRGHUDGD
SHTXHxD
SHTXHxD
SHTXHxD
SHTXHxD
PX\EXHQD
PX\EXHQD
SHTXHxD
PX\EXHQD
PRGHUDGD
SHTXHxD
SHTXHxD
PRGHUDGD
EXHQD
EXHQD
PX\EXHQD
LQIODPDEOH
LQIODPDEOH
LQIODPDEOH
LQIODPDEOH
LQIODPDEOH
GLILFLOPHQWH
LQIODPDEOH
DXWRH[WLQJXLEOH
QR
LQIODPDEOH
QR
LQIODPDEOH
AT
PX\EXHQD
PX\EXHQD
EXHQD
EXHQD
PX\EXHQD
PRGHUDGD
EXHQD
PRGHUDGD
PRGHUDGD
5HVLVWHQFLD
DOD
LQWHPSHULH
IM

5HVLVWHQFLD
DODWUDFFLyQ
1PP
D
ES
39&
$EUHYLDFLRQHV
&ORUXURGH
SROLYLQLOR
0DWHULDO
3URSLHGDGHVGHPDWHULDOHVDLVODQWHV
IM
D
ES
AT
D
ES
AT
IM
SAN PABLO
PARQUE INDUSTRIAL
SAN PABLO
CLAUDIO ARRAU
CASA MATRIZ CHILE

Puerto Vespucio 9670,
Pudahuel - Santiago
56-2-5851200
56-2-7470153
ventaschile@desimat.cl
ANTOFAGASTA
and 283
Villa Los Flamencos
56-55-530316 - 530317
56-55-779278
antofagasta@desimat.cl
VIA DEL MAR
6 Oriente 385 - Casa 7
56-32-2690815 - 2518118
56-32-2690816
vina@desimat.cl
CONCEPCION
Castelln 941
56-41-2259987
56-41-2219978
concepcion@desimat.cl
CASA MATRIZ PERU

Av. Velasco Astete 2371
Surco 33 - Lima - Per
51-1-2752776
51-1-2752765
ventasperu@desimat.com
www.desimat.cl

Catalogo Desimat 2012

Caricato da

Copyright:

Formati disponibili

Potrebbero piacerti anche

Catalogo Desimat 2012

Caricato da

Informazioni sul documento

Copyright

Formati disponibili

Condividi questo documento

Condividi o incorpora il documento

Opzioni di condivisione

Hai trovato utile questo documento?

Questo contenuto è inappropriato?

Copyright:

Formati disponibili

Catalogo Desimat 2012

Caricato da

Copyright:

Formati disponibili

GROUP

(/ FDPSR GH DSOLFDFLyQ GH ORV FDEOHV GH FRQWURO

(/ FDPSR GH DSOLFDFLyQ GH ORV FDEOHV GH FRQWURO

(VWRV FDEOHV HVWiQ GHVWLQDGRV SDUD XVR HQ

&RQGXFWRU GH FREUH HOHFWUROtWLFR UHFRVLGR

$LVODPLHQWR GH 39& FRQ LGHQWLILFDFLyQ

3DUD RSWLPL]DU VXV FDUDFWHUtVWLFDV VH UHFRPLHQGD

3DUD RSWLPL]DU VXV FDUDFWHUtVWLFDV VH UHFRPLHQGD

/D DSOLFDFLyQ PiV FRP~Q GH g/)/(;  3 HV

&DEOH GH 3ROLXUHWDQR O LEUH GH KDOyJHQR

(VWH H[FHOHQWH \ YHUViWLO FDEOH GH 385 VH KD

&DEOH GH 3ROLXUHWDQR \ OLEUH GH +DOyJHQRV 6RQ

(O &DEOH g/)/(; /,)7 6 HV XQD FDEOH SDUD

&DEOH GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

&DEOH GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

&DEOH GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

&DEOH GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

3DUHV GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

7UtRV GH LQVWUXPHQWDFLyQ SDUD WUDQVPLVLyQ GH

&RQVWUXFFLyQ FDEOH 81,7521,& %86

81,7521,& (7+(5/,1(3 )/(;

+LORV GH DOLPHQWDFLyQ FRQGXFWRU 

+LORVGHDOLPHQWDFLyQFRQGXFWRU$:* PP GHFREUHEULOODQWH

)%<6 6W&H <IO&RORUQDUDQMD.(53(1

/RV FDEOHV GH GDWRV 81,7521,& /,<&< VRQ XQ

/ R V F D E O H V 8 Q L W U R Q L F / L  < & < 7 3 V R Q

&RORU5DO  <YFRORU1HJUR

/RV FDEOHV /,<&< 3,0) VRQ DSURSLDGRV SDUD

/RV FDEOHV &< 3,'< 73 FRQ DSDQWDOODPLHQWR

(VWH FDEOH VH XWLOL]D SDUD WUDQVPLVLyQ GH VHxDOHV

&DEOHV IOH[LEOHV SDUD WUDQVSRUWH \ GLVWULEXFLyQ GH

(VWRV FDEOHV XQLSRODUHV VRQ HVSHFLDOPHQWH

/RV FDEOHV g/)/(; 6(592  &< VH KDQ

&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH  GH EDMD

&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH  GH EDMD

/RV FDEOHV SODQRV g/)/(;  ) VRQ DSURSLDGRV

(VSHFLDO SDUD XVR HQ HTXLSRV GH VROGDGXUD

/RV FDEOHV .5$1)/(; VRQ DSURSLDGRV SDUD OD

/RV FDEOHV 1(2)/(; UHVLVWHQWHV D WRGR WLSR GH

FG7 OM1 0,6/1KV

&DEOH FRQ DLVODFLyQ +(35* IOH[LEOH SDUD

DRINCABLE - WRAS 0,7FL 450/750 V

Cable con cubierta y aislamiento mezcla elatomrica EPR

Los cables de la serie Drincable han sido diseados

COMPARACION INCREMENTO DE PESO/VOLUMEN

Radio de flexin mnimo

Tensin nominal Uo/U:

de hilo fino segn

Nautilus 500 0,6/1Kv

Cable para inmersiones permanentes de hasta 500 mts

Nautilus 300 0,6/1Kv

NAUTILUS 500 es adecuado para inmersiones

Conductor: Hilos flexibles estaados

Radio de flexin mnimo

de hilo fino segn

Tensin nominal Uo/U:

g/)/(; +($7  6,) &RQGXFWRU GH KLORV

ILQRV GH FREUH HVWDxDGRV FRQ DLVODPLHQWR GH

g/)/(; +($7 */6/RVFDEOHVGHVLOLFRQD

&RQGXFWRU GH FREUH HOHFWUROtWLFR UHFRVLGR

$LVODPLHQWR GH 39& FRQ LGHQWLILFDFLyQ

/D DSOLFDFLyQ PiV FRP~Q GH g/)/(; 3 HV

&DEOH GH 3ROLXUHWDQR O LEUH GH KDOyJHQR

&DEOH GH 3ROLXUHWDQR \ OLEUH GH +DOyJHQRV 6RQ

81,7521,& (7+(5/,1(3 )/(;

+LORV GH DOLPHQWDFLyQ FRQGXFWRU

+LORVGHDOLPHQWDFLyQFRQGXFWRU$:*PPGHFREUHEULOODQWH

)%<66W&H<IO&RORUQDUDQMD.(53(1

/ R V F D E O H V 8 Q L W U R Q L F / L < & < 7 3 V R Q

&RORU5DO<YFRORU1HJUR

/RV FDEOHV /,<&< 3,0) VRQ DSURSLDGRV SDUD

(VWRV FDEOHV XQLSRODUHV VRQ HVSHFLDOPHQWH

/RV FDEOHV g/)/(; 6(592 &< VH KDQ

&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH GH EDMD

&DEOH GH &REUH ILQtVLPR IOH[LEOH FODVH GH EDMD

/RV FDEOHV SODQRV g/)/(; ) VRQ DSURSLDGRV

&DEOH FRQ DLVODFLyQ +(35* IOH[LEOH SDUD

g/)/(; +($7 6,) &RQGXFWRU GH KLORV

g/)/(; +($7 */6/RVFDEOHVGHVLOLFRQD

g/)/(; +($7 (:.)& 6RQ FDEOHV GH

053J5HGXFWRUHV3J

0(3J$PSOLDGRUHV3J

050$HGXFWRUHVPP

0(0$PSOLDGRUHVPP

=V0003*$GDSWDGRUHVGHKLOR 0DPQSWDGDSWDGRUHVGHKLOR

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

(Q HO JUiILFR HO HMHPSOR GH ERUQDV PP

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV

%RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV %RUQDGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

7$3$),1$/ FRQG )86,%/(6

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

%RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV %RUQHGHSDVRFRQGXFWRUHV

PP $:*

9 N9

PP PP $:*

7RSH GH ILMDFLyQ VLQ WRUQLOORV

7RSH ILQDO SDUD

PP DQFKR

$WRUQLOODGRUHV V',1 SDUD

$WRUQLOODGRUHV V',1 SDUD

$WRUQLOODGRU WLSR

$WRUQLOODGRU WLSR

6RSRUWH LQFOLQDGR VLQ WRUQLOORV

$WRUQLOODGRU WLSR

6RSRUWH D 5LHO ',1

6RSRUWH LQFOLQDGR PHWiOLFR HQ

$WRUQLOODGRUHV V',1 SDUD

7RSH ILQDO SDUD

6HULH

0DUFDGRU GH PP GH ODUJR OLEUH

0DUFDGRU GH PP GH ODUJR OLEUH

0DUFDGRU GH PP GH ODUJR OLEUH