List - iThiago.com

Transcrição

List - iThiago.com
(VWHDUWLJRIRLWUDGX]LGRSRUPiTXLQD&RORTXHRSRQWHLURGRPRXVHVREUHDVIUDVHVGRDUWLJRSDUDYHURWH[WR
RULJLQDO0DLVLQIRUPDo}HV
&ODVVH/LVW7!
1(7)UDPHZRUNDQG
5HSUHVHQWDXPDOLVWDGHREMHWRVIRUWHPHQWHWLSDGRVTXHSRGHPVHUDFHVVDGRVSHORtQGLFH)RUQHFHPpWRGRVSDUD
SHVTXLVDURUGHQDUHPDQLSXODUOLVWDV
3DUDSURFXUDURFyGLJRIRQWHGR1(7)UDPHZRUNSDUDHVVHWLSRFRQVXOWHR5HIHUHQFH6RXUFH
+LHUDUTXLDGHKHUDQoD
6\VWHP2EMHFW
££6\VWHP&ROOHFWLRQV*HQHULF/LVW7!
££££0DLV
1DPHVSDFH£6\VWHP&ROOHFWLRQV*HQHULF
$VVHPEOLHV££PVFRUOLEHPPVFRUOLEGOO
££6\VWHP&ROOHFWLRQVHP6\VWHP&ROOHFWLRQVGOO
6LQWD[H
&
ƃ‡”‹ƒŽ‹œƒ„Ž‡––”‹„—–‡Ƅ
ƃ‡„—‰‰‡”‹•’Žƒ›––”‹„—–‡ſɑ‘—–ʰƇ‘—–ƈɑƀƄ
’—„Ž‹……Žƒ••‹•–ʳʴś‹•–ʳʴř‘ŽŽ‡…–‹‘ʳʴř
—‡”ƒ„Ž‡ʳʴř—‡”ƒ„Ž‡ř‹•–ř‘ŽŽ‡…–‹‘ř‡ƒ†Ž›‹•–ʳʴř
‡ƒ†Ž›‘ŽŽ‡…–‹‘ʳʴ
3DUkPHWURVGHWLSR
7
2WLSRGHHOHPHQWRVQDOLVWD
2WLSR/LVW7!H[S}HRVPHPEURVDVHJXLU
&RQVWUXWRUHV
0RVWUDU
+HUGDGR
3URWHJLGR
£
1RPH
'HVFULomR
/LVW7!
,QLFLDOL]DXPDQRYDLQVWkQFLDGH/LVW7!FODVVHTXHHVWiYD]LDH
WHPDFDSDFLGDGHLQLFLDOSDGUmR
/LVW7!,(QXPHUDEOH7!
,QLFLDOL]DXPDQRYDLQVWkQFLDGR/LVW7!FRSLDGRVGDFODVVHTXH
FRQWpPRVHOHPHQWRVFRSLDGRVGDFROHomRHVSHFLILFDGDHWHP
FDSDFLGDGHVXILFLHQWHSDUDDFRPRGDURQ~PHURGHHOHPHQWRV
/LVW7!,QW
,QLFLDOL]DXPDQRYDLQVWkQFLDGH/LVW7!FODVVHTXHHVWiYD]LDH
WHPDFDSDFLGDGHLQLFLDOHVSHFLILFDGD
6XSHULRU
3URSULHGDGHV
0RVWUDU
£
+HUGDGR
3URWHJLGR
1RPH
'HVFULomR
&DSDFLW\
2EWpPRXGHILQHRQ~PHURWRWDOGHHOHPHQWRVTXHDHVWUXWXUDGHGDGRV
LQWHUQDSRGHPDQWHUVHPUHGLPHQVLRQDU
&RXQW
2EWpPRQ~PHURGHHOHPHQWRVFRQWLGRVQD/LVW7!
,WHP
2EWpPRXGHILQHRHOHPHQWRQRtQGLFHHVSHFLILFDGR
6XSHULRU
0pWRGRV
0RVWUDU
£
+HUGDGR
3URWHJLGR
1RPH
'HVFULomR
$GG
$GLFLRQDXPREMHWRDRILQDOGR/LVW7!
$GG5DQJH
$GLFLRQDRVHOHPHQWRVGDFROHomRHVSHFLILFDGDDRILQDOGR
/LVW7!
$V5HDG2QO\
5HWRUQDVRPHQWHOHLWXUD,/LVW7!ZUDSSHUSDUDDFROHomR
DWXDO
%LQDU\6HDUFK7
3HVTXLVDWRGRRFODVVLILFDGRV/LVW7!SDUDXPHOHPHQWR
XVDQGRRFRPSDUDGRUSDGUmRHUHWRUQDRtQGLFHEDVHDGR
HP]HURGRHOHPHQWR
%LQDU\6HDUFK7
,&RPSDUHU7!
3HVTXLVDWRGRRFODVVLILFDGRV/LVW7!SDUDXPHOHPHQWR
XVDQGRRFRPSDUDGRUHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGRHOHPHQWR
%LQDU\6HDUFK,QW,QW7
,&RPSDUHU7!
3HVTXLVDXPLQWHUYDORGHHOHPHQWRVQRFODVVLILFDGD/LVW7!
SDUDXPHOHPHQWRXVDQGRRFRPSDUDGRUHVSHFLILFDGRH
UHWRUQDRtQGLFHEDVHDGRHP]HURGRHOHPHQWR
&OHDU
5HPRYHWRGRVRVHOHPHQWRVGR/LVW7!
&RQWDLQV
'HWHUPLQDVHXPHOHPHQWRHVWiQD/LVW7!
&RQYHUW$OO72XWSXW!
&RQYHUWHRVHOHPHQWRVQRDWXDO/LVW7!HPRXWURWLSRH
UHWRUQDXPDOLVWDFRQWHQGRRVHOHPHQWRVFRQYHUWLGRV
&RS\7R7>@
&RSLDWRGRR/LVW7!HPXPDPDWUL]XQLGLPHQVLRQDO
FRPSDWtYHOGHVGHRLQtFLRGDPDWUL]GHGHVWLQR
&RS\7R7>@,QW
&RSLDWRGRR/LVW7!HPXPDPDWUL]XQLGLPHQVLRQDO
FRPSDWtYHOLQLFLDQGRQRtQGLFHHVSHFLILFDGRQDPDWUL]GH
GHVWLQR
&RS\7R,QW7>@,QW
,QW
&RSLDXPLQWHUYDORGHHOHPHQWRVGR/LVW7!SDUDXPD
PDWUL]XQLGLPHQVLRQDOFRPSDWtYHOLQLFLDQGRQRtQGLFH
HVSHFLILFDGRQDPDWUL]GHGHVWLQR
(TXDOV2EMHFW
9HULILFDVHRREMHWRHVSHFLILFDGRpLJXDODRREMHWRDWXDO
+HUGDGRGH2EMHFW
([LVWV
'HWHUPLQDVHR/LVW7!FRQWpPHOHPHQWRVTXH
FRUUHVSRQGHPjVFRQGLo}HVGHILQLGDVSHORSUHGLFDGR
HVSHFLILFDGR
)LQDOL]H
3HUPLWHXPREMHWRWHQWDUOLEHUDUUHFXUVRVHH[HFXWDURXWUDV
RSHUDo}HVGHOLPSH]DDQWHVTXHHOHVHMDUHFXSHUDGRSHOD
FROHWDGHOL[R+HUGDGRGH2EMHFW
)LQG
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDDSULPHLUD
RFRUUrQFLDGHQWURGHWRGDD/LVW7!
)LQG$OO
5HFXSHUDWRGRVRVHOHPHQWRVTXHFRUUHVSRQGHPjV
FRQGLo}HVGHILQLGDVSHORSUHGLFDGRHVSHFLILFDGR
)LQG,QGH[3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGDSULPHLUDRFRUUrQFLDGHQWURGHWRGDD
/LVW7!
)LQG,QGH[,QW
3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGDSULPHLUDRFRUUrQFLDGHQWURGRLQWHUYDOR
GHHOHPHQWRVGH/LVW7!TXHHVWHQGHGRtQGLFHHVSHFLILFDGR
SDUDR~OWLPRHOHPHQWR
)LQG,QGH[,QW,QW
3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGDSULPHLUDRFRUUrQFLDGHQWURGRLQWHUYDOR
GHHOHPHQWRVGH/LVW7!TXHFRPHoDQRtQGLFHHVSHFLILFDGR
HFRQWpPRQ~PHURHVSHFLILFDGRGHHOHPHQWRV
)LQG/DVW
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDD~OWLPD
RFRUUrQFLDGHQWURGHWRGDD/LVW7!
)LQG/DVW,QGH[3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGD~OWLPDRFRUUrQFLDGHQWURGHWRGDD
/LVW7!
)LQG/DVW,QGH[,QW
3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGD~OWLPDRFRUUrQFLDGHQWURGRLQWHUYDOR
GHHOHPHQWRVGH/LVW7!TXHHVWHQGHRSULPHLURHOHPHQWR
SDUDRtQGLFHHVSHFLILFDGR
)LQG/DVW,QGH[,QW,QW
3UHGLFDWH7!
3HVTXLVDXPHOHPHQWRTXHFRLQFLGDFRPDVFRQGLo}HV
GHILQLGDVSHORSUHGLFDGRHVSHFLILFDGRHUHWRUQDRtQGLFH
EDVHDGRHP]HURGD~OWLPDRFRUUrQFLDGHQWURGRLQWHUYDOR
GHHOHPHQWRVGH/LVW7!TXHFRQWpPRQ~PHUR
HVSHFLILFDGRGHHOHPHQWRVHWHUPLQDQRtQGLFHHVSHFLILFDGR
)RU(DFK
([HFXWDDDomRHVSHFLILFDGDHPFDGDHOHPHQWRGR/LVW7!
*HW(QXPHUDWRU
5HWRUQDXPHQXPHUDGRUTXHLWHUDSRUPHLRGH/LVW7!
*HW+DVK&RGH
6HUYHFRPRDIXQomRGHKDVKSDGUmR+HUGDGRGH2EMHFW
*HW5DQJH
&ULDXPDFySLDVXSHUILFLDOGHXPLQWHUYDORGHHOHPHQWRVQD
RULJHP/LVW7!
*HW7\SH
2EWpPR7\SHGDLQVWkQFLDDWXDO+HUGDGRGH2EMHFW
,QGH[2I7
3HVTXLVDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGR
HP]HURGDSULPHLUDRFRUUrQFLDGHQWURGHWRGDD/LVW7!
,QGH[2I7,QW
3HVTXLVDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGR
HP]HURGDSULPHLUDRFRUUrQFLDGHQWURGRLQWHUYDORGH
HOHPHQWRVQR/LVW7!TXHHVWHQGHGRtQGLFHHVSHFLILFDGR
SDUDR~OWLPRHOHPHQWR
,QGH[2I7,QW,QW
3HVTXLVDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGR
HP]HURGDSULPHLUDRFRUUrQFLDGHQWURGRLQWHUYDORGH
HOHPHQWRVQR/LVW7!TXHFRPHoDQRtQGLFHHVSHFLILFDGRH
FRQWpPRQ~PHURHVSHFLILFDGRGHHOHPHQWRV
,QVHUW
,QVHUHXPHOHPHQWRQR/LVW7!QRtQGLFHHVSHFLILFDGR
,QVHUW5DQJH
,QVHUHRVHOHPHQWRVGHXPDFROHomRSDUDR/LVW7!QR
tQGLFHHVSHFLILFDGR
/DVW,QGH[2I7
3HVTXLVDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGR
HP]HURGD~OWLPDRFRUUrQFLDGHQWURGHWRGDD/LVW7!
/DVW,QGH[2I7,QW
3URFXUDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGRHP
]HURGD~OWLPDRFRUUrQFLDGHQWURGRLQWHUYDORGHHOHPHQWRV
GH/LVW7!TXHHVWHQGHRSULPHLURHOHPHQWRSDUDRtQGLFH
HVSHFLILFDGR
/DVW,QGH[2I7,QW,QW
3URFXUDRREMHWRHVSHFLILFDGRHUHWRUQDRtQGLFHEDVHDGRHP
]HURGD~OWLPDRFRUUrQFLDGHQWURGRLQWHUYDORGHHOHPHQWRV
GH/LVW7!TXHFRQWpPRQ~PHURHVSHFLILFDGRGH
HOHPHQWRVHWHUPLQDQRtQGLFHHVSHFLILFDGR
0HPEHUZLVH&ORQH
&ULDXPDFySLDVXSHUILFLDOGR2EMHFW£DWXDO+HUGDGRGH
2EMHFW
5HPRYH
5HPRYHDSULPHLUDRFRUUrQFLDGHXPREMHWRHVSHFtILFRGR
/LVW7!
5HPRYH$OO
5HPRYHWRGRVRVHOHPHQWRVTXHFRUUHVSRQGHPjV
FRQGLo}HVGHILQLGDVSHORSUHGLFDGRHVSHFLILFDGR
5HPRYH$W
5HPRYHRHOHPHQWRQRtQGLFHHVSHFLILFDGRGR/LVW7!
5HPRYH5DQJH
5HPRYHXPLQWHUYDORGHHOHPHQWRVDSDUWLUGH/LVW7!
5HYHUVH
,QYHUWHDRUGHPGRVHOHPHQWRVHPWRGRR/LVW7!
5HYHUVH,QW,QW
,QYHUWHDRUGHPGRVHOHPHQWRVQRLQWHUYDORHVSHFLILFDGR
6RUW
&ODVVLILFDRVHOHPHQWRVHPWRGDD/LVW7!XVDQGRR
FRPSDUDGRUSDGUmR
6RUW&RPSDULVRQ7!
&ODVVLILFDRVHOHPHQWRVHPWRGRR/LVW7!XVDQGR
HVSHFLILFDGR6\VWHP&RPSDULVRQ7!
6RUW,&RPSDUHU7!
&ODVVLILFDRVHOHPHQWRV£GHXPD£/LVW7!XVDQGRR
FRPSDUDGRUHVSHFLILFDGR
6RUW,QW,QW
,&RPSDUHU7!
&ODVVLILFDRVHOHPHQWRVHPXPLQWHUYDORGHHOHPHQWRVHP
/LVW7!XVDQGRRFRPSDUDGRUHVSHFLILFDGR
7R$UUD\
&RSLDRVHOHPHQWRVGR/LVW7!SDUDXPDQRYDPDWUL]
7R6WULQJ
5HWRUQDXPDVWULQJTXHUHSUHVHQWDRREMHWRDWXDO+HUGDGR
GH2EMHFW
7ULP([FHVV
'HILQHDFDSDFLGDGHGRQ~PHURUHDOGHHOHPHQWRVGH
/LVW7!VHHVVHQ~PHURIRUPHQRUTXHXPYDORUOLPLWH
7UXH)RU$OO
'HWHUPLQDVHWRGRVRVHOHPHQWRVGH/LVW7!FRUUHVSRQGDjV
FRQGLo}HVGHILQLGDVSHORSUHGLFDGRHVSHFLILFDGR
6XSHULRU
0pWRGRVGHH[WHQVmR
0RVWUDU
£
+HUGDGR
3URWHJLGR
1RPH
'HVFULomR
$JJUHJDWH7!)XQF777!
6REUHFDUUHJDGR$SOLFDXPDIXQomRDFXPXODGRUD
HPXPDVHTrQFLD'HILQLGRSRU(QXPHUDEOH
$JJUHJDWH7!)XQF777!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$JJUHJDWH77$FFXPXODWH!
7$FFXPXODWH)XQF7$FFXPXODWH7
7$FFXPXODWH!
6REUHFDUUHJDGR$SOLFDXPDIXQomRDFXPXODGRUD
HPXPDVHTrQFLD2YDORU£GH
SURSDJDomR£HVSHFLILFDGRpXVDGRFRPRRYDORU
LQLFLDO£GHDFXPXODomR'HILQLGRSRU(QXPHUDEOH
$JJUHJDWH77$FFXPXODWH!
7$FFXPXODWH)XQF7$FFXPXODWH7
7$FFXPXODWH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$JJUHJDWH77$FFXPXODWH75HVXOW!
7$FFXPXODWH)XQF7$FFXPXODWH7
7$FFXPXODWH!)XQF7$FFXPXODWH
75HVXOW!
6REUHFDUUHJDGR$SOLFDXPDIXQomRDFXPXODGRUD
HPXPDVHTrQFLD2YDORUGHSURSDJDomR
HVSHFLILFDGRpXVDGRFRPRRYDORULQLFLDOGH
DFXPXODomRHDIXQomRHVSHFLILFDGDpXVDGDSDUD
VHOHFLRQDURYDORUUHVXOWDGR'HILQLGRSRU
(QXPHUDEOH
$JJUHJDWH77$FFXPXODWH75HVXOW!
7$FFXPXODWH)XQF7$FFXPXODWH7
7$FFXPXODWH!)XQF7$FFXPXODWH
75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$OO7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HWHUPLQDVHWRGRVRVHOHPHQWRV
GHXPDVHTXrQFLDVDWLVID]HPDXPDFRQGLomR
'HILQLGRSRU(QXPHUDEOH
$OO7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$Q\7!
6REUHFDUUHJDGR'HWHUPLQDVHXPDVHTXrQFLD
FRQWpPHOHPHQWRV'HILQLGRSRU(QXPHUDEOH
$Q\7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$Q\7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HWHUPLQDVHTXDOTXHUHOHPHQWR
GHXPDVHTXrQFLDVDWLVIL]HUXPDFRQGLomR
'HILQLGRSRU(QXPHUDEOH
$Q\7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$V(QXPHUDEOH7!
6REUHFDUUHJDGR5HWRUQDDHQWUDGDGLJLWDGDFRPR
,(QXPHUDEOH7!'HILQLGRSRU(QXPHUDEOH
$V(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$V3DUDOOHO
6REUHFDUUHJDGR3HUPLWHDSDUDOHOL]DomRGHXPD
FRQVXOWD'HILQLGRSRU3DUDOOHO(QXPHUDEOH
$V3DUDOOHO
6REUHFDUUHJDGR'HILQLGRSRU3DUDOOHO(QXPHUDEOH
$V3DUDOOHO7!
6REUHFDUUHJDGR3HUPLWHDSDUDOHOL]DomRGHXPD
FRQVXOWD'HILQLGRSRU3DUDOOHO(QXPHUDEOH
$V3DUDOOHO7!
6REUHFDUUHJDGR'HILQLGRSRU3DUDOOHO(QXPHUDEOH
$V4XHU\DEOH
6REUHFDUUHJDGR&RQYHUWVDQ,(QXPHUDEOHWRDQ
,4XHU\DEOH'HILQLGRSRU4XHU\DEOH
$V4XHU\DEOH
6REUHFDUUHJDGR'HILQLGRSRU4XHU\DEOH
$V4XHU\DEOH7!
6REUHFDUUHJDGR&RQYHUWHXP,(QXPHUDEOH7!
JHQpULFRSDUDXP,4XHU\DEOH7!£JHQpULFR
'HILQLGRSRU4XHU\DEOH
$V4XHU\DEOH7!
6REUHFDUUHJDGR'HILQLGRSRU4XHU\DEOH
$YHUDJH7!)XQF7'HFLPDO!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV'HFLPDOTXHVmRREWLGRVFKDPDQGRXPD
IXQomRGHWUDQVIRUPDomRHPFDGDHOHPHQWRGD
VHTrQFLDGHHQWUDGD'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GH£YDORUHV'HFLPDODQXOiYHLVTXHVmRREWLGRV
FKDPDQGRXPDIXQomRGHWUDQVIRUPDomRHPFDGD
HOHPHQWRGDVHTrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
$YHUDJH7!)XQF7'HFLPDO!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7'RXEOH!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV'RXEOHTXHVmRREWLGRVFKDPDQGRXPD
IXQomRGHWUDQVIRUPDomRHPFDGDHOHPHQWRGD
VHTrQFLDGHHQWUDGD'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV'RXEOHDQXOiYHLVTXHVmRREWLGRV
FKDPDQGRXPDIXQomRGHWUDQVIRUPDomRHPFDGD
HOHPHQWRGDVHTrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
$YHUDJH7!)XQF7'RXEOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7,QW!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV,QWTXHVmRREWLGRVFKDPDQGRXPD
IXQomRGHWUDQVIRUPDomRHPFDGDHOHPHQWRGD
VHTrQFLDGHHQWUDGD'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH,QW!!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV,QWDQXOiYHLVTXHVmRREWLGRV
FKDPDQGRXPDIXQomRGHWUDQVIRUPDomRHPFDGD
HOHPHQWRGDVHTrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
$YHUDJH7!)XQF7,QW!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV£,QWTXHVmRREWLGRVFKDPDQGRXPD
IXQomRGHWUDQVIRUPDomRHPFDGDHOHPHQWRGD
VHTrQFLDGHHQWUDGD'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH,QW!!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV,QWDQXOiYHLVTXHVmRREWLGRV
FKDPDQGRXPDIXQomRGHWUDQVIRUPDomRHPFDGD
HOHPHQWRGDVHTrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
$YHUDJH7!)XQF76LQJOH!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GHYDORUHV6LQJOHTXHVmRREWLGRVFKDPDQGRXPD
IXQomRGHWUDQVIRUPDomRHPFDGDHOHPHQWRGD
VHTrQFLDGHHQWUDGD'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH6LQJOH!!
6REUHFDUUHJDGR&DOFXODDPpGLDGHXPDVHTrQFLD
GH£YDORUHV6LQJOHDQXOiYHLVTXHVmRREWLGRV
FKDPDQGRXPDIXQomRGHWUDQVIRUPDomRHPFDGD
HOHPHQWRGDVHTrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
$YHUDJH7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF7
1XOODEOH6LQJOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
$YHUDJH7!)XQF76LQJOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&DVW75HVXOW!
6REUHFDUUHJDGR&RQYHUWHRVHOHPHQWRVGH
,(QXPHUDEOHRWLSRHVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
&DVW75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&RQFDW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR&RQFDWHQDGXDVVHTXrQFLDV
'HILQLGRSRU(QXPHUDEOH
&RQFDW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&RQWDLQV7!7
6REUHFDUUHJDGR'HWHUPLQDVHXPDVHTXrQFLD
FRQWpPXPHOHPHQWRHVSHFLILFDGRXVDQGRR
FRPSDUDGRUSDGUmRGHLJXDOGDGH'HILQLGRSRU
(QXPHUDEOH
&RQWDLQV7!7
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&RQWDLQV7!7
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HWHUPLQDVHXPDVHTXrQFLD
FRQWpPXPHOHPHQWRHVSHFLILFDGRXVDQGR
,(TXDOLW\&RPSDUHU7!HVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
&RQWDLQV7!7
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&RXQW7!
6REUHFDUUHJDGR5HWRUQDRQ~PHURGHHOHPHQWRV
HPXPDVHTXrQFLD'HILQLGRSRU(QXPHUDEOH
&RXQW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
&RXQW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDXPQ~PHURTXH
UHSUHVHQWDTXDQWRVHOHPHQWRVQDVHTXrQFLD
HVSHFLILFDGDVDWLVID]HPXPDFRQGLomR'HILQLGR
SRU(QXPHUDEOH
&RXQW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
'HIDXOW,I(PSW\7!
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGD
VHTXrQFLDHVSHFLILFDGDRXRYDORUSDGUmRGR
SDUkPHWURGHWLSRHPXPDFROHomRGHVLQJOHWRQVH
DVHTXrQFLDHVWiYD]LD'HILQLGRSRU(QXPHUDEOH
'HIDXOW,I(PSW\7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
'HIDXOW,I(PSW\7!7
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGD
VHTXrQFLDHVSHFLILFDGDRXGRYDORUHVSHFLILFDGRHP
XPDFROHomRGHVLQJOHWRQVHDVHTXrQFLDHVWiYD]LD
'HILQLGRSRU(QXPHUDEOH
'HIDXOW,I(PSW\7!7
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
'LVWLQFW7!
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGLVWLQWRVGH
XPDVHTXrQFLDXVDQGRRFRPSDUDGRUSDGUmRGH
LJXDOGDGHSDUDFRPSDUDUYDORUHV'HILQLGRSRU
(QXPHUDEOH
'LVWLQFW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
'LVWLQFW7!,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGLVWLQWRVGH
XPDVHTXrQFLDXVDQGR,(TXDOLW\&RPSDUHU7!
HVSHFLILFDGRSDUDFRPSDUDUYDORUHV'HILQLGRSRU
(QXPHUDEOH
'LVWLQFW7!,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
(OHPHQW$W7!,QW
6REUHFDUUHJDGR5HWRUQDRHOHPHQWRHPXPtQGLFH
HVSHFLILFDGRHPXPDVHTXrQFLD'HILQLGRSRU
(QXPHUDEOH
(OHPHQW$W7!,QW
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
(OHPHQW$W2U'HIDXOW7!,QW
6REUHFDUUHJDGR5HWRUQDRHOHPHQWRHPXPtQGLFH
HVSHFLILFDGRHPXPDVHTXrQFLDRXHPXPYDORU
SDGUmRVHRtQGLFHHVWiIRUDGRLQWHUYDOR'HILQLGR
SRU(QXPHUDEOH
(OHPHQW$W2U'HIDXOW7!,QW
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
([FHSW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR*HUHQFLDDGLIHUHQoDGHFRQMXQWR
GHGXDVVHTXrQFLDVXVDQGRRFRPSDUDGRUSDGUmR
GHLJXDOGDGHSDUDFRPSDUDUYDORUHV'HILQLGRSRU
(QXPHUDEOH
([FHSW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
([FHSW7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR3URGX]RFRQMXQWRFRPD
GLIHUHQoD£HQWUHGXDVVHTXrQFLDVXVDQGRR££
,(TXDOLW\&RPSDUHU7!£HVSHFLILFDGRSDUDFRPSDUDU
YDORUHV'HILQLGRSRU(QXPHUDEOH
([FHSW7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
)LUVW7!
6REUHFDUUHJDGR5HWRUQDRSULPHLURHOHPHQWRGH
XPDVHTXrQFLD'HILQLGRSRU(QXPHUDEOH
)LUVW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
)LUVW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDRSULPHLURHOHPHQWRHP
XPDVHTXrQFLDTXHDWHQGDDXPDFRQGLomR
HVSHFLILFDGD'HILQLGRSRU(QXPHUDEOH
)LUVW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
)LUVW2U'HIDXOW7!
6REUHFDUUHJDGR5HWRUQD£RSULPHLURHOHPHQWRGH
XPDVHTXrQFLDRXXPYDORUSDGUmRVHDVHTXrQFLD
QmRFRQWLYHUHOHPHQWRV'HILQLGRSRU(QXPHUDEOH
)LUVW2U'HIDXOW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
)LUVW2U'HIDXOW7!)XQF7
%RROHDQ!
6REUHFDUUHJDGR5HWRUQDRSULPHLURHOHPHQWRGD
VHTrQFLDTXHVDWLVID]XPDFRQGLomRRXXPYDORU
SDGUmRVHQHQKXPHOHPHQWRIRUHQFRQWUDGR
'HILQLGRSRU(QXPHUDEOH
)LUVW2U'HIDXOW7!)XQF7
%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\!)XQF77.H\!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGD'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\!)XQF77.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\!)XQF77.H\!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPDXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHFRPSDUDDVFKDYHVXVDQGR
XPFRPSDUDGRUHVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
*URXS%\77.H\!)XQF77.H\!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPDXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHSURMHWDRVHOHPHQWRVSDUD
FDGDJUXSRXVDQGRXPDIXQomRHVSHFLILFDGD
'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\75HVXOW!)XQF7
7.H\!)XQF7.H\,(QXPHUDEOH7!
75HVXOW!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHFULDXPYDORUGHUHVXOWDGR
GHFDGDJUXSRHVXDFKDYH'HILQLGRSRU
(QXPHUDEOH
*URXS%\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\75HVXOW!)XQF7
7.H\!)XQF7.H\,(QXPHUDEOH7!
75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYH$VFKDYHVVmRFRPSDUDGDVXVDQGRXP
FRPSDUDGRUHFDGDHOHPHQWRVGRJUXSRp
SURMHWDGRXVDQGRXPDIXQomRHVSHFLILFDGD
'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\75HVXOW!)XQF7
7.H\!)XQF7.H\,(QXPHUDEOH7!
75HVXOW!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHFULDXPYDORUGHUHVXOWDGR
GHFDGDJUXSRHVXDFKDYH$VFKDYHVVmR
FRPSDUDGRVXVDQGRXPFRPSDUDGRUHVSHFLILFDGR
'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\75HVXOW!)XQF7
7.H\!)XQF7.H\,(QXPHUDEOH7!
75HVXOW!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW75HVXOW!
)XQF77.H\!)XQF77(OHPHQW!
)XQF7.H\,(QXPHUDEOH7(OHPHQW!
75HVXOW!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHFULDXPYDORUGHUHVXOWDGR
GHFDGDJUXSRHVXDFKDYH2VHOHPHQWRVGHFDGD
JUXSRVmRFULDGDVXVDQGRXPDIXQomRHVSHFLILFDGD
'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW75HVXOW!
)XQF77.H\!)XQF77(OHPHQW!
)XQF7.H\,(QXPHUDEOH7(OHPHQW!
75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS%\77.H\7(OHPHQW75HVXOW!
)XQF77.H\!)XQF77(OHPHQW!
)XQF7.H\,(QXPHUDEOH7(OHPHQW!
75HVXOW!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR$JUXSDRVHOHPHQWRVGHXPD
VHTrQFLDGHDFRUGRFRPXPDIXQomRGHVHOHomR
GHFKDYHHVSHFLILFDGDHFULDXPYDORUGHUHVXOWDGR
GHFDGDJUXSRHVXDFKDYH2VYDORUHVGHFKDYHVmR
FRPSDUDGRVXVDQGRXPFRPSDUDGRUHVSHFLILFDGR
RVHOHPHQWRVHGHFDGDJUXSRVmRFULDGDVXVDQGR
XPDIXQomRHVSHFLILFDGD'HILQLGRSRU
(QXPHUDEOH
*URXS%\77.H\7(OHPHQW75HVXOW!
)XQF77.H\!)XQF77(OHPHQW!
)XQF7.H\,(QXPHUDEOH7(OHPHQW!
75HVXOW!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
,(QXPHUDEOH7,QQHU!75HVXOW!
6REUHFDUUHJDGR&RUUHODFLRQDRVHOHPHQWRVGH
GXDVVHTXrQFLDVFRPEDVHQDLJXDOGDGHGHFKDYHV
HDJUXSDRVUHVXOWDGRV2FRPSDUDGRUSDGUmRGH
LJXDOGDGHpXVDGRSDUDFRPSDUDUFKDYHV'HILQLGR
SRU(QXPHUDEOH
*URXS-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
,(QXPHUDEOH7,QQHU!75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
*URXS-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
,(QXPHUDEOH7,QQHU!75HVXOW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&RUUHODFLRQDRVHOHPHQWRVGH
GXDVVHTXrQFLDVFRPEDVHHPLJXDOGDGHFKDYHH
DJUXSDRVUHVXOWDGRV
2£,(TXDOLW\&RPSDUHU7!£HVSHFLILFDGRpXVDGRSDUD
FRPSDUDUDVFKDYHV'HILQLGRSRU(QXPHUDEOH
*URXS-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
,(QXPHUDEOH7,QQHU!75HVXOW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
,QWHUVHFW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR3URGX]DLQWHUVHomRGHGXDV
VHTrQFLDVXVDQGRRFRPSDUDGRUGHLJXDOGDGH
SDGUmRSDUDFRPSDUDUYDORUHV'HILQLGRSRU
(QXPHUDEOH
,QWHUVHFW7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
,QWHUVHFW7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR*HUHQFLDDLQWHUVHomRGHFRQMXQWR
GHGXDVVHTXrQFLDVXVDQGR,(TXDOLW\&RPSDUHU7!
HVSHFLILFDGRSDUDFRPSDUDUYDORUHV'HILQLGRSRU
(QXPHUDEOH
,QWHUVHFW7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
7,QQHU75HVXOW!
6REUHFDUUHJDGR&RUUHODFLRQDRVHOHPHQWRVGH
GXDVVHTXrQFLDVFRPEDVHHPFKDYHVFRLQFLGHQWHV
2FRPSDUDGRUSDGUmRGHLJXDOGDGHpXVDGRSDUD
FRPSDUDUFKDYHV'HILQLGRSRU(QXPHUDEOH
-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
7,QQHU75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
7,QQHU75HVXOW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&RUUHODFLRQDRVHOHPHQWRVGH
GXDVVHTXrQFLDVFRPEDVHHPFKDYHVFRLQFLGHQWHV
2£,(TXDOLW\&RPSDUHU7!£HVSHFLILFDGRpXVDGRSDUD
FRPSDUDUDVFKDYHV'HILQLGRSRU(QXPHUDEOH
-RLQ77,QQHU7.H\75HVXOW!
,(QXPHUDEOH7,QQHU!)XQF7
7.H\!)XQF7,QQHU7.H\!)XQF7
7,QQHU75HVXOW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/DVW7!
6REUHFDUUHJDGR5HWRUQDRHOHPHQWRRPDLV
UHFHQWHGHXPDVHTXrQFLD'HILQLGRSRU
(QXPHUDEOH
/DVW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/DVW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDRHOHPHQWRRPDLV
UHFHQWHGHXPDVHTXrQFLDTXHDWHQGDDXPD
FRQGLomRHVSHFLILFDGD'HILQLGRSRU(QXPHUDEOH
/DVW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/DVW2U'HIDXOW7!
6REUHFDUUHJDGR5HWRUQDRHOHPHQWRRPDLV
UHFHQWHGHXPDVHTXrQFLDRXXPYDORUSDGUmRVHD
VHTXrQFLDQmRFRQWpPQHQKXPHOHPHQWR'HILQLGR
SRU(QXPHUDEOH
/DVW2U'HIDXOW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/DVW2U'HIDXOW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDR~OWLPRHOHPHQWRGH
XPDVHTrQFLDTXHVDWLVID]XPDFRQGLomRRXXP
YDORUSDGUmRVHQHQKXPHOHPHQWRIRUHQFRQWUDGR
'HILQLGRSRU(QXPHUDEOH
/DVW2U'HIDXOW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/RQJ&RXQW7!
6REUHFDUUHJDGR5HWRUQD,QWTXHUHSUHVHQWDR
Q~PHURWRWDOGHHOHPHQWRVHPXPDVHTXrQFLD
'HILQLGRSRU(QXPHUDEOH
/RQJ&RXQW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
/RQJ&RXQW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDXP,QWTXHUHSUHVHQWDD
TXDQWLGDGHGHHOHPHQWRVHPXPDVHTrQFLDTXH
VDWLVID]HPXPDFRQGLomR'HILQLGRSRU
(QXPHUDEOH
/RQJ&RXQW7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!
6REUHFDUUHJDGR5HWRUQDRYDORUPi[LPRHPXPD
VHTXrQFLDJHQpULFR'HILQLGRSRU(QXPHUDEOH
0D[7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7'HFLPDO!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPi[LPRGH'HFLPDO
'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
Pi[LPRGH'HFLPDO'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7'HFLPDO!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7'RXEOH!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPi[LPRGH'RXEOH
'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
Pi[LPRGH'RXEOH'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7'RXEOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7,QW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPi[LPRGH,QW
'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
Pi[LPRGH,QW'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7,QW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPi[LPRGH,QW
'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
Pi[LPRGH,QW'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF76LQJOH!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPi[LPRGH6LQJOH
'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH6LQJOH!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
Pi[LPRGH6LQJOH'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF71XOODEOH6LQJOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[7!)XQF76LQJOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0D[775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDJHQpULFRHUHWRUQDRYDORUUHVXOWDQWH
Pi[LPR'HILQLGRSRU(QXPHUDEOH
0D[775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!
6REUHFDUUHJDGR5HWRUQDRYDORUPtQLPRHPXPD
VHTXrQFLDJHQpULFR'HILQLGRSRU(QXPHUDEOH
0LQ7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7'HFLPDO!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPtQLPRGH'HFLPDO
'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
PtQLPRGH'HFLPDO'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7'HFLPDO!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7'RXEOH!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPtQLPRGH'RXEOH
'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
PtQLPRGH'RXEOH'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7'RXEOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7,QW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPtQLPRGH,QW
'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
PtQLPRGH,QW'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7,QW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPtQLPRGH,QW
'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
PtQLPRGH,QW'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF76LQJOH!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUPtQLPRGH6LQJOH
'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH6LQJOH!!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDHUHWRUQDRYDORUTXHSHUPLWHYDORUQXOR
PtQLPRGH6LQJOH'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF71XOODEOH6LQJOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ7!)XQF76LQJOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
0LQ775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR,QYRFDXPDIXQomRD
WUDQVIRUPDomRHPFDGDHOHPHQWRGHXPD
VHTXrQFLDJHQpULFRHUHWRUQDRYDORUUHVXOWDQWH
PtQLPR'HILQLGRSRU(QXPHUDEOH
0LQ775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
2I7\SH75HVXOW!
6REUHFDUUHJDGR)LOWUDRVHOHPHQWRVGH
,(QXPHUDEOHFRPEDVHHPXPWLSRHVSHFLILFDGR
'HILQLGRSRU(QXPHUDEOH
2I7\SH75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
2UGHU%\77.H\!)XQF77.H\!
6REUHFDUUHJDGR&ODVVLILFDRVHOHPHQWRVGHXPD
VHTXrQFLDHPRUGHPFUHVFHQWHGHDFRUGRFRPXPD
FKDYH'HILQLGRSRU(QXPHUDEOH
2UGHU%\77.H\!)XQF77.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
2UGHU%\77.H\!)XQF77.H\!
,&RPSDUHU7.H\!
6REUHFDUUHJDGR&ODVVLILFDRVHOHPHQWRVGHXPD
VHTXrQFLDHPRUGHPFUHVFHQWHXVDQGRXP
FRPSDUDGRUHVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
2UGHU%\77.H\!)XQF77.H\!
,&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
2UGHU%\'HVFHQGLQJ77.H\!
)XQF77.H\!
6REUHFDUUHJDGR&ODVVLILFDRVHOHPHQWRVGHXPD
VHTXrQFLDHPRUGHPGHFUHVFHQWHGHDFRUGRFRP
XPDFKDYH'HILQLGRSRU(QXPHUDEOH
2UGHU%\'HVFHQGLQJ77.H\!
)XQF77.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
2UGHU%\'HVFHQGLQJ77.H\!
)XQF77.H\!,&RPSDUHU7.H\!
6REUHFDUUHJDGR&ODVVLILFDRVHOHPHQWRVGHXPD
VHTXrQFLDHPRUGHPGHFUHVFHQWHXVDQGRXP
FRPSDUDGRUHVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
2UGHU%\'HVFHQGLQJ77.H\!
)XQF77.H\!,&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
5HYHUVH7!
6REUHFDUUHJDGR,QYHUWHDRUGHPGRVHOHPHQWRV
HPXPDVHTXrQFLD'HILQLGRSRU(QXPHUDEOH
5HYHUVH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTrQFLDHPXPQRYRIRUPXOiULR'HILQLGRSRU
(QXPHUDEOH
6HOHFW775HVXOW!)XQF7,QW
75HVXOW!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTrQFLDHPXPQRYRIRUPXOiULR£LQFRUSRUDQGR£R
tQGLFHGRHOHPHQWR'HILQLGRSRU(QXPHUDEOH
6HOHFW775HVXOW!)XQF775HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW775HVXOW!)XQF7,QW
75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\775HVXOW!)XQF7
,(QXPHUDEOH75HVXOW!!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTXrQFLDD,(QXPHUDEOH7!HPHVFODUDV
VHTXrQFLDVUHVXOWDQWHVHPXPDVHTXrQFLD
'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\775HVXOW!)XQF7
,QW,(QXPHUDEOH75HVXOW!!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTXrQFLDD,(QXPHUDEOH7!HPHVFODUDV
VHTXrQFLDVUHVXOWDQWHVHPXPDVHTXrQFLD2tQGLFH
GHFDGDHOHPHQWRGHRULJHPpXVDGRQRIRUPDWR
SURMHWDGRGHVVHHOHPHQWR'HILQLGRSRU
(QXPHUDEOH
6HOHFW0DQ\775HVXOW!)XQF7
,(QXPHUDEOH75HVXOW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\775HVXOW!)XQF7
,QW,(QXPHUDEOH75HVXOW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\77&ROOHFWLRQ75HVXOW!
)XQF7,QW
,(QXPHUDEOH7&ROOHFWLRQ!!)XQF7
7&ROOHFWLRQ75HVXOW!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTXrQFLDD,(QXPHUDEOH7!PHVFODDVVHTXrQFLDV
UHVXOWDQWHVHPXPDVHTXrQFLDHLQYRFDXPD
IXQomRGRVHOHWRUGHUHVXOWDGRHPFDGDHOHPHQWR
QLVVR2tQGLFHGHFDGDHOHPHQWRGHRULJHPp
XVDGRQRIRUPDWRLQWHUPHGLiULRSURMHWDGRGHVVH
HOHPHQWR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\77&ROOHFWLRQ75HVXOW!
)XQF7
,(QXPHUDEOH7&ROOHFWLRQ!!)XQF7
7&ROOHFWLRQ75HVXOW!
6REUHFDUUHJDGR3URMHWDFDGDHOHPHQWRGHXPD
VHTXrQFLDD,(QXPHUDEOH7!PHVFODDVVHTXrQFLDV
UHVXOWDQWHVHPXPDVHTXrQFLDHLQYRFDXPD
IXQomRGRVHOHWRUGHUHVXOWDGRHPFDGDHOHPHQWR
QLVVR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\77&ROOHFWLRQ75HVXOW!
)XQF7
,(QXPHUDEOH7&ROOHFWLRQ!!)XQF7
7&ROOHFWLRQ75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HOHFW0DQ\77&ROOHFWLRQ75HVXOW!
)XQF7,QW
,(QXPHUDEOH7&ROOHFWLRQ!!)XQF7
7&ROOHFWLRQ75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HTXHQFH(TXDO7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HWHUPLQDVHGXDVVHTXrQFLDVVmR
LJXDLVFRPSDUDQGRRVHOHPHQWRVXVDQGRR
FRPSDUDGRUSDGUmRGHLJXDOGDGHSDUDVHXWLSR
'HILQLGRSRU(QXPHUDEOH
6HTXHQFH(TXDO7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6HTXHQFH(TXDO7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HWHUPLQDVHGXDVVHTXrQFLDVVmR
LJXDLVFRPSDUDQGRRVHOHPHQWRVFRP
,(TXDOLW\&RPSDUHU7!HVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
6HTXHQFH(TXDO7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6LQJOH7!
6REUHFDUUHJDGR5HWRUQDR~QLFRHOHPHQWRGHXPD
VHTXrQFLDHODQoDUiXPDH[FHomRVHQmRKi
H[DWDPHQWHXPHOHPHQWRQDVHTXrQFLD'HILQLGR
SRU(QXPHUDEOH
6LQJOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6LQJOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDXP~QLFRHOHPHQWRGH
XPDVHTrQFLDTXHVDWLVID]XPDFRQGLomR
HVSHFLILFDGDHODQoDXPDH[FHomRVHPDLVGHXP
HOHPHQWRH[LVWH'HILQLGRSRU(QXPHUDEOH
6LQJOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6LQJOH2U'HIDXOW7!
6REUHFDUUHJDGR5HWRUQDR~QLFRHOHPHQWRGHXPD
VHTXrQFLDRXXPYDORUSDGUmRVHIRUDVHTXrQFLD
YD]LDHVVHPpWRGRODQoDUiXPDH[FHomRVHKRXYHU
PDLVGHXPHOHPHQWRQDVHTXrQFLD'HILQLGRSRU
(QXPHUDEOH
6LQJOH2U'HIDXOW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6LQJOH2U'HIDXOW7!)XQF7
%RROHDQ!
6REUHFDUUHJDGR5HWRUQDR~QLFRHOHPHQWRGHXPD
VHTXrQFLDTXHDWHQGDDXPDFRQGLomRHVSHFLILFDGD
RXXPYDORUSDGUmRVHWDOHOHPHQWRH[LVWLUHVVH
PpWRGRODQoDUiXPDH[FHomRVHPDLVGHXP
HOHPHQWRDWHQGDjFRQGLomR'HILQLGRSRU
(QXPHUDEOH
6LQJOH2U'HIDXOW7!)XQF7
%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6NLS7!,QW
6REUHFDUUHJDGR,JQRUDXPQ~PHURHVSHFLILFDGR
GHHOHPHQWRVHPXPDVHTXrQFLDHUHWRUQDRV
HOHPHQWRVUHVWDQWHV'HILQLGRSRU(QXPHUDEOH
6NLS7!,QW
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6NLS:KLOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR,JQRUDRVHOHPHQWRVHPXPD
VHTXrQFLDFRPRXPDFRQGLomRHVSHFLILFDGDVHMD
YHUGDGHLUDHUHWRUQDRVHOHPHQWRVUHVWDQWHV
'HILQLGRSRU(QXPHUDEOH
6NLS:KLOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6NLS:KLOH7!)XQF7,QW
%RROHDQ!
6REUHFDUUHJDGR,JQRUDRVHOHPHQWRVHPXPD
VHTXrQFLDFRPRXPDFRQGLomRHVSHFLILFDGDVHMD
YHUGDGHLUDHUHWRUQDRVHOHPHQWRVUHVWDQWHV2
tQGLFHGRHOHPHQWRpXVDGRQDOyJLFDGDIXQomRGR
SUHGLFDGR'HILQLGRSRU(QXPHUDEOH
6NLS:KLOH7!)XQF7,QW
%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7'HFLPDO!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVGH'HFLPDOTXHVmRREWLGRVFRPD
LQYRFDomRGHXPDIXQomRVHWUDQVIRUPDUHPFDGD
HOHPHQWRGDVHTXrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
6XP7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVTXHSHUPLWHYDORUQXORGH'HFLPDOTXHVmR
REWLGRVFRPDLQYRFDomRGHXPDIXQomRVH
WUDQVIRUPDUHPFDGDHOHPHQWRGDVHTXrQFLDGH
HQWUDGD'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7'HFLPDO!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7
1XOODEOH'HFLPDO!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7'RXEOH!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVGH'RXEOHTXHVmRREWLGRVFRPD
LQYRFDomRGHXPDIXQomRVHWUDQVIRUPDUHPFDGD
HOHPHQWRGDVHTXrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
6XP7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVTXHSHUPLWHYDORUQXORGH'RXEOHTXHVmR
REWLGRVFRPDLQYRFDomRGHXPDIXQomRVH
WUDQVIRUPDUHPFDGDHOHPHQWRGDVHTXrQFLDGH
HQWUDGD'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7'RXEOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7
1XOODEOH'RXEOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7,QW!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVGH,QWTXHVmRREWLGRVFRPDLQYRFDomR
GHXPDIXQomRVHWUDQVIRUPDUHPFDGDHOHPHQWR
GDVHTXrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
6XP7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVTXHSHUPLWHYDORUQXORGH,QWTXHVmR
REWLGRVFRPDLQYRFDomRGHXPDIXQomRVH
WUDQVIRUPDUHPFDGDHOHPHQWRGDVHTXrQFLDGH
HQWUDGD'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7,QW!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVGH,QWTXHVmRREWLGRVFRPDLQYRFDomR
GHXPDIXQomRVHWUDQVIRUPDUHPFDGDHOHPHQWR
GDVHTXrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
6XP7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVTXHSHUPLWHYDORUQXORGH,QWTXHVmR
REWLGRVFRPDLQYRFDomRGHXPDIXQomRVH
WUDQVIRUPDUHPFDGDHOHPHQWRGDVHTXrQFLDGH
HQWUDGD'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF76LQJOH!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVGH6LQJOHTXHVmRREWLGRVFRPDLQYRFDomR
GHXPDIXQomRVHWUDQVIRUPDUHPFDGDHOHPHQWR
GDVHTXrQFLDGHHQWUDGD'HILQLGRSRU
(QXPHUDEOH
6XP7!)XQF7
1XOODEOH6LQJOH!!
6REUHFDUUHJDGR&DOFXODDVRPDGHVHTXrQFLDGH
YDORUHVTXHSHUPLWHYDORUQXORGH6LQJOHTXHVmR
REWLGRVFRPDLQYRFDomRGHXPDIXQomRVH
WUDQVIRUPDUHPFDGDHOHPHQWRGDVHTXrQFLDGH
HQWUDGD'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7,QW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF71XOODEOH,QW!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF7
1XOODEOH6LQJOH!!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XP7!)XQF76LQJOH!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7DNH7!,QW
6REUHFDUUHJDGR5HWRUQDXPQ~PHURHVSHFLILFDGR
GHHOHPHQWRVFRQWtJXDVGHVGHRLQtFLRGHXPD
VHTXrQFLD'HILQLGRSRU(QXPHUDEOH
7DNH7!,QW
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7DNH:KLOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGHXPD
VHTXrQFLDFRPRXPDFRQGLomRHVSHFLILFDGDVHMD
YHUGDGHLUD'HILQLGRSRU(QXPHUDEOH
7DNH:KLOH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7DNH:KLOH7!)XQF7,QW
%RROHDQ!
6REUHFDUUHJDGR5HWRUQDRVHOHPHQWRVGHXPD
VHTXrQFLDFRPRXPDFRQGLomRHVSHFLILFDGDVHMD
YHUGDGHLUD2tQGLFHGRHOHPHQWRpXVDGRQDOyJLFD
GDIXQomRGRSUHGLFDGR'HILQLGRSRU(QXPHUDEOH
7DNH:KLOH7!)XQF7,QW
%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R$UUD\7!
6REUHFDUUHJDGR&ULDXPDPDWUL]GH
,(QXPHUDEOH7!'HILQLGRSRU(QXPHUDEOH
7R$UUD\7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R'LFWLRQDU\77.H\!)XQF7
7.H\!
6REUHFDUUHJDGR&ULD'LFWLRQDU\7.H\79DOXH!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRGR
VHOHWRUFKDYHHVSHFLILFDGD'HILQLGRSRU
(QXPHUDEOH
7R'LFWLRQDU\77.H\!)XQF7
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7.H\!
7R'LFWLRQDU\77.H\!)XQF7
7.H\!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&ULD'LFWLRQDU\7.H\79DOXH!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRFKDYH
HVSHFLILFDGDGRVHOHWRUHIHFKDRFRPSDUDGRU
'HILQLGRSRU(QXPHUDEOH
7R'LFWLRQDU\77.H\!)XQF7
7.H\!,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R'LFWLRQDU\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
6REUHFDUUHJDGR&ULD'LFWLRQDU\7.H\79DOXH!GH
,(QXPHUDEOH7!GHDFRUGRFRPRVHOHWRUFKDYH
HVSHFLILFDGRHRVHOHWRUGRHOHPHQWRIXQo}HV
'HILQLGRSRU(QXPHUDEOH
7R'LFWLRQDU\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R'LFWLRQDU\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&ULD'LFWLRQDU\7.H\79DOXH!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRFKDYH
HVSHFLILFDGDGRVHOHWRUXPFRPSDUDGRUHXPD
IXQomRGRVHOHWRUGRHOHPHQWR'HILQLGRSRU
(QXPHUDEOH
7R'LFWLRQDU\77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R/LVW7!
6REUHFDUUHJDGR&ULD/LVW7!GH,(QXPHUDEOH7!
'HILQLGRSRU(QXPHUDEOH
7R/LVW7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R/RRNXS77.H\!)XQF77.H\!
6REUHFDUUHJDGR&ULD/RRNXS7.H\7(OHPHQW!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRGR
VHOHWRUFKDYHHVSHFLILFDGD'HILQLGRSRU
(QXPHUDEOH
7R/RRNXS77.H\!)XQF77.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R/RRNXS77.H\!)XQF77.H\!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&ULD/RRNXS7.H\7(OHPHQW!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRFKDYH
HVSHFLILFDGDGRVHOHWRUHIHFKDRFRPSDUDGRU
'HILQLGRSRU(QXPHUDEOH
7R/RRNXS77.H\!)XQF77.H\!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
7R/RRNXS77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
6REUHFDUUHJDGR&ULD/RRNXS7.H\7(OHPHQW!GH
,(QXPHUDEOH7!GHDFRUGRFRPRVHOHWRUFKDYH
HVSHFLILFDGRHRVHOHWRUGRHOHPHQWRIXQo}HV
'HILQLGRSRU(QXPHUDEOH
7R/RRNXS77.H\7(OHPHQW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
)XQF77.H\!)XQF77(OHPHQW!
7R/RRNXS77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR&ULD/RRNXS7.H\7(OHPHQW!GH
,(QXPHUDEOH7!GHDFRUGRFRPXPDIXQomRFKDYH
HVSHFLILFDGDGRVHOHWRUXPFRPSDUDGRUHXPD
IXQomRGRVHOHWRUGRHOHPHQWR'HILQLGRSRU
(QXPHUDEOH
7R/RRNXS77.H\7(OHPHQW!
)XQF77.H\!)XQF77(OHPHQW!
,(TXDOLW\&RPSDUHU7.H\!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
8QLRQ7!,(QXPHUDEOH7!
6REUHFDUUHJDGR*HUHQFLDDXQLmRGHFRQMXQWRGH
GXDVVHTXrQFLDVXVDQGRRFRPSDUDGRUSDGUmRGH
LJXDOGDGH'HILQLGRSRU(QXPHUDEOH
8QLRQ7!,(QXPHUDEOH7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
8QLRQ7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR3URGX]DXQLmRGHGXDV
VHTrQFLDVXVDQGRXP
,(TXDOLW\&RPSDUHU7!£HVSHFLILFDGR'HILQLGRSRU
(QXPHUDEOH
8QLRQ7!,(QXPHUDEOH7!
,(TXDOLW\&RPSDUHU7!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
:KHUH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR)LOWUDXPDVHTXrQFLDGHYDORUHV
FRPEDVHHPXPSUHGLFDGR'HILQLGRSRU
(QXPHUDEOH
:KHUH7!)XQF7%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
:KHUH7!)XQF7,QW%RROHDQ!
6REUHFDUUHJDGR)LOWUDXPDVHTXrQFLDGHYDORUHV
FRPEDVHHPXPSUHGLFDGR2tQGLFHGHFDGD
HOHPHQWRpXVDGRQDOyJLFDGDIXQomRGR
SUHGLFDGR'HILQLGRSRU(QXPHUDEOH
:KHUH7!)XQF7,QW%RROHDQ!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
=LS776HFRQG75HVXOW!
,(QXPHUDEOH76HFRQG!)XQF7
76HFRQG75HVXOW!
6REUHFDUUHJDGR$SOLFDXPDIXQomRHVSHFLILFDGD
DRVHOHPHQWRVFRUUHVSRQGHQWHVGDVGXDV
VHTXrQFLDVJHUDQGRXPDVHTXrQFLDGHUHVXOWDGRV
'HILQLGRSRU(QXPHUDEOH
=LS776HFRQG75HVXOW!
,(QXPHUDEOH76HFRQG!)XQF7
76HFRQG75HVXOW!
6REUHFDUUHJDGR'HILQLGRSRU(QXPHUDEOH
6XSHULRU
,PSOHPHQWDo}HVH[SOtFLWDVGD,QWHUIDFH
0RVWUDU
£
+HUGDGR
3URWHJLGR
1RPH
'HVFULomR
,&ROOHFWLRQ&RS\7R
&RSLDRVHOHPHQWRVGD,&ROOHFWLRQSDUDXP$UUD\
LQLFLDQGRGHXPtQGLFHGHWHUPLQDGRGR$UUD\
,&ROOHFWLRQ7!,V5HDG2QO\
2EWpPXPYDORUTXHLQGLFDVHR,&ROOHFWLRQ7!p
VRPHQWHOHLWXUD
,&ROOHFWLRQ,V6\QFKURQL]HG
2EWpPXPYDORUTXHLQGLFDVHRDFHVVRSDUDR
,&ROOHFWLRQpVLQFURQL]DGRWKUHDGVDIH
,&ROOHFWLRQ6\QF5RRW
2EWpPXPREMHWRTXHSRGHVHUXVDGRSDUDVLQFURQL]DUR
DFHVVRDR,&ROOHFWLRQ
,(QXPHUDEOH7!*HW(QXPHUDWRU
5HWRUQDXPHQXPHUDGRUTXHLWHUDHPXPDFROHomR
,(QXPHUDEOH*HW(QXPHUDWRU
5HWRUQDXPHQXPHUDGRUTXHLWHUDHPXPDFROHomR
,/LVW$GG
$GLFLRQDXPLWHPSDUDR,/LVW
,/LVW&RQWDLQV
'HWHUPLQDVHR,/LVWFRQWpPXPYDORUHVSHFtILFR
,/LVW,QGH[2I
'HWHUPLQDRtQGLFHGHXPLWHPHVSHFtILFRQD,/LVW
,/LVW,QVHUW
,QVHUHXPLWHPSDUDR,/LVWQRtQGLFHHVSHFLILFDGR
,/LVW,V)L[HG6L]H
2EWpPXPYDORUTXHLQGLFDVHR,/LVWWHPXPWDPDQKR
IL[R
,/LVW,V5HDG2QO\
2EWpPXPYDORUTXHLQGLFDVHR,/LVWpVRPHQWHOHLWXUD
,/LVW,WHP
2EWpPRXGHILQHRHOHPHQWRQRtQGLFHHVSHFLILFDGR
,/LVW5HPRYH
5HPRYHDSULPHLUDRFRUUrQFLDGHXPREMHWRHVSHFtILFR
GR,/LVW
6XSHULRU
&RPHQWiULRV
2EVHUYDomR
3DUDH[LELURFyGLJRIRQWHGR1(7)UDPHZRUNSDUDHVVHWLSRFRQVXOWHR5HIHUHQFH6RXUFH9RFrSRGH
SHUFRUUHURFyGLJRIRQWHRQOLQHEDL[DUDUHIHUrQFLDSDUDH[LELomRRIIOLQHHSHUFRUUHUDVIRQWHVLQFOXLQGR
DWXDOL]Do}HVHSDWFKHVGXUDQWHDGHSXUDomRVHHLQVWUXFWLRQV
2/LVW7!FODVVHpRHTXLYDOHQWHJHQpULFRGH$UUD\/LVWFODVVH(OHLPSOHPHQWDR,/LVW7!LQWHUIDFHJHQpULFD
XVDQGRXPDPDWUL]FXMRWDPDQKRpDXPHQWDGRGLQDPLFDPHQWHFRQIRUPHQHFHVViULR
9RFrSRGHDGLFLRQDULWHQVDXP/LVW7!XVDQGRR$GGRX$GG5DQJHPpWRGRV
2/LVW7!FODVVHXVDXPDFRPSDUDomRGHLJXDOGDGHHXPFRPSDUDGRUGHRUGHQDomR
0pWRGRVFRPR&RQWDLQV,QGH[2I/DVW,QGH[2IH5HPRYHXVDXPDFRPSDUDomRGHLJXDOGDGHSDUDRV
HOHPHQWRVGHOLVWD$FRPSDUDomRGHLJXDOGDGHSDGUmRSDUDRWLSR7pGHWHUPLQDGRFRPRVHJXH6H
WLSR7LPSOHPHQWDR,(TXDWDEOH7!LQWHUIDFHJHQpULFDHHPVHJXLGDDFRPSDUDomRGHLJXDOGDGHpR
(TXDOV7PpWRGRGHVVDLQWHUIDFHFDVRFRQWUiULRDFRPSDUDomRGHLJXDOGDGHSDGUmRp
2EMHFW(TXDOV2EMHFW
0pWRGRVFRPR%LQDU\6HDUFKH6RUWXVDUXPFRPSDUDGRUGHSHGLGRVSDUDRVHOHPHQWRVGHOLVWD2
FRPSDUDGRUSDGUmRSDUDRWLSR7pGHWHUPLQDGRFRPRVHJXH6HWLSR7LPSOHPHQWDR,&RPSDUDEOH7!
LQWHUIDFHJHQpULFDRFRPSDUDGRUSDGUmRVHUiR&RPSDUH7R7PpWRGRGHVVDLQWHUIDFHFDVRFRQWUiULR
VHWLSR7LPSOHPHQWDQmRJHQpULFD,&RPSDUDEOHGHLQWHUIDFHHQWmRRFRPSDUDGRUSDGUmRpR
&RPSDUH7R2EMHFWPpWRGRGHVVDLQWHUIDFH6HWLSR7LPSOHPHQWDQHQKXPDLQWHUIDFHHQmRKiQHQKXP
FRPSDUDGRUSDGUmRHXPGHOHJDGRGHFRPSDUDomRRXFRPSDUDomRGHYHVHUIRUQHFLGRH[SOLFLWDPHQWH
2/LVW7!QmRWHPJDUDQWLDGHVHUFODVVLILFDGRV9RFrGHYHFODVVLILFDUD/LVW7!DQWHVGHH[HFXWDURSHUDo}HV
FRPR%LQDU\6HDUFKTXHH[LJHPR/LVW7!DVHUHPFODVVLILFDGRV
(OHPHQWRVGHVWDFROHomRVmRDFHVVDGRVXVDQGRtQGLFHVLQWHLURV
ÌQGLFHVQHVVDFROHomRVmREDVHDGRVHP]HUR
3DUDJUDQGHV/LVW7!REMHWRVYRFrSRGHDXPHQWDUDFDSDFLGDGHPi[LPDGHELOK}HVGHHOHPHQWRVHPXP
VLVWHPDGHELWVGHILQLQGRRHQDEOHGDWULEXWRGRJF$OORZ9HU\/DUJH2EMHFWVHOHPHQWRGHFRQILJXUDomRSDUD
WUXHQRDPELHQWHGHWHPSRGHH[HFXomR
/LVW7!DFHLWDQXOOFRPRXPYDORUYiOLGRSDUDDUHIHUrQFLDGHWLSRVHSHUPLWHHOHPHQWRVGXSOLFDGRV
3DUDREWHUXPDYHUVmRLPXWiYHOGH/LVW7!FODVVHFRQVXOWH,PPXWDEOH/LVW
&RQVLGHUDo}HVVREUHGHVHPSHQKR
$RGHFLGLUVHGHYHXVDUR/LVW7!RX$UUD\/LVWFODVVHTXHWrPIXQFLRQDOLGDGHVHPHOKDQWHOHPEUHVHGHTXHR
/LVW7!FODVVHH[HFXWDPHOKRUQDPDLRULDGRVFDVRVHpGHWLSRVHJXUR6HXPWLSRGHUHIHUrQFLDIRUXVDGRSDUD
RWLSR7GD/LVW7!FODVVHRFRPSRUWDPHQWRGDVGXDVFODVVHVpLGrQWLFR1RHQWDQWRVHXPWLSRGHYDORUp
XVDGRSDUDRWLSR7YRFrSUHFLVDFRQVLGHUDURVSUREOHPDVGHFRQYHUVmRER[LQJHLPSOHPHQWDomR
6HXPWLSRGHYDORUpXVDGRSDUDRWLSR7RFRPSLODGRUJHUDXPDLPSOHPHQWDomRGH/LVW7!FODVVH
HVSHFLILFDPHQWHSDUDHVVHWLSRGHYDORU,VVRVLJQLILFDTXHXPHOHPHQWRGHOLVWDGHXPD/LVW7!REMHWRQmR
SUHFLVDVHUFRQYHUWLGRDQWHVGRHOHPHQWRSRGHVHUXVDGRHGHSRLVGHFHUFDGHHOHPHQWRVGDOLVWDVmR
FULDGRVDPHPyULDHFRQRPL]DGDQmRFRQYHUVmRER[LQJHOHPHQWRVGDOLVWDpPDLRUTXHDPHPyULDXVDGDSDUD
JHUDUDLPSOHPHQWDomRGDFODVVH
9HULILTXHVHRWLSRGHYDORUXVDGRSDUDRWLSR7LPSOHPHQWDR,(TXDWDEOH7!LQWHUIDFHJHQpULFD6HQmRRV
PpWRGRVFRPR&RQWDLQVGHYHFKDPDUR2EMHFW(TXDOV2EMHFWPpWRGRTXHFDL[DVRHOHPHQWRGDOLVWDDIHWDGR
6HRWLSRGHYDORULPSOHPHQWDD,&RPSDUDEOHLQWHUIDFHHYRFrSRVVXLURFyGLJRIRQWHWDPEpPLPSOHPHQWDPR
,&RPSDUDEOH7!LQWHUIDFHJHQpULFDSDUDLPSHGLUTXHR%LQDU\6HDUFKH6RUWPpWRGRVGHFRQYHUVmRER[LQJ
HOHPHQWRVGDOLVWD6HYRFrQmRSRVVXLRFyGLJRIRQWHSDVVDUXP,&RPSDUHU7!GRREMHWRSDUDR
%LQDU\6HDUFKH6RUWPpWRGRV
eDYDQWDJHPGHXVDUDLPSOHPHQWDomRGRWLSRHVSHFtILFRGD/LVW7!FODVVHHPYH]GHXVDUR$UUD\/LVWFODVVH
RXHVFUHYHUXPDFROHomRIRUWHPHQWHGHILQLGDSRUFRQWDSUySULD2PRWLYRpVXDLPSOHPHQWDomRGHYHID]HUR
TXHR1(7)UDPHZRUNID]SDUDYRFrMiHRFRPPRQODQJXDJHUXQWLPHSRGHFRPSDUWLOKDUFyGLJR0LFURVRIW
LQWHUPHGLDWHODQJXDJHHPHWDGDGRVTXHQmRpGHVXDLPSOHPHQWDomR
&RQVLGHUDo}HVVREUHDOLQJXDJHP)
$FODVVH/LVW7!pXVDGDFRPIUHTrQFLDQRFyGLJR)(PYH]GLVVR/LVWDV)TXHVmROLVWDVLPXWiYHLV
YLQFXODGDVLQGLYLGXDOPHQWHVmRJHUDOPHQWHSUHIHULGR8PDOLVWDGH)RIHUHFHXPDVpULHLPXWiYHORUGHQDGD
YDORUHVHpVXSRUWDGDSHORPyGXOROLVWDSDUDXVRHPGHVHQYROYLPHQWRGHHVWLORIXQFLRQDO4XDQGRXVDGRFRP
)DFODVVH/LVW7!FRVWXPDVHUUHIHUHQFLDGDSHOR5HVL]H$UUD\
W!DEUHYLDomRSDUDHYLWDUFRQIOLWRVFRP)
OLVWDGHQRPHVGHWLSR
([HPSORV
2H[HPSORDVHJXLUGHPRQVWUDFRPRDGLFLRQDUUHPRYHUHLQVHULUXPREMHWRGHQHJyFLRVVLPSOHVHPXP
/LVW7!
&
—•‹‰›•–‡Ś
—•‹‰›•–‡Ŝ‘ŽŽ‡…–‹‘•Ŝ
‡‡”‹…Ś
ŵŵ‹’Ž‡„—•‹‡••‘„Œ‡…–Ŝƒ”–†‹•—•‡†–‘‹†‡–‹ˆ›–Š‡–›’‡‘ˆ’ƒ”–
ŵŵ„—––Š‡’ƒ”–ƒ‡…ƒ…Šƒ‰‡Ŝ
’—„Ž‹……Žƒ••ƒ”–ś“—ƒ–ƒ„Ž‡ʳƒ”–ʴ
Ƈ
’—„Ž‹…•–”‹‰ƒ”–ƒ‡Ƈ‰‡–Ś•‡–Śƈ
’—„Ž‹…‹–ƒ”–†Ƈ‰‡–Ś•‡–Śƈ
’—„Ž‹…‘˜‡””‹†‡•–”‹‰‘–”‹‰ſƀ
Ƈ
”‡–—”ɑśɑʫƒ”–†ʫɑƒ‡śɑʫƒ”–ƒ‡Ś
ƈ
’—„Ž‹…‘˜‡””‹†‡„‘‘Ž“—ƒŽ•ſ‘„Œ‡…–‘„Œƀ
Ƈ
‹ˆſ‘„Œʰʰ—ŽŽƀ”‡–—”ˆƒŽ•‡Ś
ƒ”–‘„Œ•ƒ”–ʰ‘„Œƒ•ƒ”–Ś
‹ˆſ‘„Œ•ƒ”–ʰʰ—ŽŽƀ”‡–—”ˆƒŽ•‡Ś
‡Ž•‡”‡–—”“—ƒŽ•ſ‘„Œ•ƒ”–ƀŚ
ƈ
’—„Ž‹…‘˜‡””‹†‡‹–
‡–ƒ•Š‘†‡ſƀ
Ƈ
”‡–—”ƒ”–†Ś
ƈ
’—„Ž‹…„‘‘Ž“—ƒŽ•ſƒ”–‘–Š‡”ƀ
Ƈ
‹ˆſ‘–Š‡”ʰʰ—ŽŽƀ”‡–—”ˆƒŽ•‡Ś
”‡–—”ſ–Š‹•Ŝƒ”–†Ŝ“—ƒŽ•ſ‘–Š‡”Ŝƒ”–†ƀƀŚ
ƈ
ŵŵŠ‘—Ž†ƒŽ•‘‘˜‡””‹†‡ʰʰƒ†Šʰ‘’‡”ƒ–‘”•Ŝ
ƈ
’—„Ž‹……Žƒ••šƒ’Ž‡
Ƈ
’—„Ž‹…•–ƒ–‹…˜‘‹†ƒ‹ſƀ
Ƈ
ŵŵ”‡ƒ–‡ƒŽ‹•–‘ˆ’ƒ”–•Ŝ
‹•–ʳƒ”–ʴ’ƒ”–•ʰ‡™‹•–ʳƒ”–ʴſƀŚ
ŵŵ††’ƒ”–•–‘–Š‡Ž‹•–Ŝ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ…”ƒƒ”ɑřƒ”–†ʰɨɩɪɫƈƀŚ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ…Šƒ‹”‹‰ɑřƒ”–†ʰɨɪɪɫƈƀŚ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ”‡‰—Žƒ”•‡ƒ–ɑřƒ”–†ʰɨɫɪɫƈƀŚ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ„ƒƒƒ•‡ƒ–ɑřƒ”–†ʰɨɫɫɫƈƀŚ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ…ƒ••‡––‡ɑřƒ”–†ʰɨɬɪɫƈƀŚ
’ƒ”–•Ŝ††ſ‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ•Š‹ˆ–Ž‡˜‡”ɑřƒ”–†ʰɨɭɪɫƈƀŚŚ
ŵŵ”‹–‡‘—––Š‡’ƒ”–•‹–Š‡Ž‹•–ŜŠ‹•™‹ŽŽ…ƒŽŽ–Š‡‘˜‡””‹††‡‘–”‹‰‡–Š‘†
ŵŵ‹–Š‡ƒ”–…Žƒ••Ŝ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſƒ”–ƒƒ”–‹’ƒ”–•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƒƒ”–ƀŚ
ƈ
ŵŵŠ‡…–Š‡Ž‹•–ˆ‘”’ƒ”–ɤɨɮɪɫŜŠ‹•…ƒŽŽ•–Š‡“—‹–ƒ„Ž‡Ŝ“—ƒŽ•‡–Š‘†
ŵŵ‘ˆ–Š‡ƒ”–…Žƒ••ř™Š‹…Š…Š‡…•–Š‡ƒ”–†ˆ‘”‡“—ƒŽ‹–›Ŝ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ‘–ƒ‹•ſɎɑɨɮɪɫɎɑƀśƇɥƈɑř
’ƒ”–•Ŝ‘–ƒ‹•ſ‡™ƒ”–Ƈƒ”–†ʰɨɮɪɫřƒ”–ƒ‡ʰɑɑƈƀƀŚ
ŵŵ•‡”–ƒ‡™‹–‡ƒ–’‘•‹–‹‘ɩŜ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ•‡”–ſɩřɎɑɨɯɪɫɎɑƀɑƀŚ
’ƒ”–•Ŝ•‡”–ſɩř‡™ƒ”–ſƀƇƒ”–ƒ‡ʰɑ„”ƒ‡Ž‡˜‡”ɑřƒ”–†ʰɨɯɪɫƈƀŚ
ŵŵ‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſƒ”–ƒƒ”–‹’ƒ”–•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƒƒ”–ƀŚ
ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎƒ”–•ƃɪƄśƇɥƈɑř’ƒ”–•ƃɪƄƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ‡‘˜‡ſɎɑɨɬɪɫɎɑƀɑƀŚ
ŵŵŠ‹•™‹ŽŽ”‡‘˜‡’ƒ”–ɨɬɪɫ‡˜‡–Š‘—‰Š–Š‡ƒ”–ƒ‡‹•†‹ˆˆ‡”‡–ř
ŵŵ„‡…ƒ—•‡–Š‡“—ƒŽ•‡–Š‘†‘Ž›…Š‡…•ƒ”–†ˆ‘”‡“—ƒŽ‹–›Ŝ
’ƒ”–•Ŝ‡‘˜‡ſ‡™ƒ”–ſƀƇƒ”–†ʰɨɬɪɫřƒ”–ƒ‡ʰɑ…‘‰•ɑƈƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſƒ”–ƒƒ”–‹’ƒ”–•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƒƒ”–ƀŚ
ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ‡‘˜‡–ſɪƀɑƀŚ
ŵŵŠ‹•™‹ŽŽ”‡‘˜‡–Š‡’ƒ”–ƒ–‹†‡šɪŜ
’ƒ”–•Ŝ‡‘˜‡–ſɪƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſƒ”–ƒƒ”–‹’ƒ”–•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƒƒ”–ƀŚ
ƈ
ŵƋ
śɨɩɪɫƒ‡ś…”ƒƒ”
śɨɪɪɫƒ‡ś…Šƒ‹”‹‰
śɨɫɪɫƒ‡ś”‡‰—Žƒ”•‡ƒ–
śɨɫɫɫƒ‡ś„ƒƒƒ•‡ƒ–
śɨɬɪɫƒ‡ś…ƒ••‡––‡
śɨɭɪɫƒ‡ś•Š‹ˆ–Ž‡˜‡”
‘–ƒ‹•ſɑɨɮɪɫɑƀśƒŽ•‡
•‡”–ſɩřɑɨɯɪɫɑƀ
śɨɩɪɫƒ‡ś…”ƒƒ”
śɨɪɪɫƒ‡ś…Šƒ‹”‹‰
śɨɯɪɫƒ‡ś„”ƒ‡Ž‡˜‡”
śɨɫɪɫƒ‡ś”‡‰—Žƒ”•‡ƒ–
śɨɫɫɫƒ‡ś„ƒƒƒ•‡ƒ–
śɨɬɪɫƒ‡ś…ƒ••‡––‡
śɨɭɪɫƒ‡ś•Š‹ˆ–Ž‡˜‡”
ƒ”–•ƃɪƄśśɨɫɪɫƒ‡ś”‡‰—Žƒ”•‡ƒ–
‡‘˜‡ſɑɨɬɪɫɑƀ
śɨɩɪɫƒ‡ś…”ƒƒ”
śɨɪɪɫƒ‡ś…Šƒ‹”‹‰
śɨɯɪɫƒ‡ś„”ƒ‡Ž‡˜‡”
śɨɫɪɫƒ‡ś”‡‰—Žƒ”•‡ƒ–
śɨɫɫɫƒ‡ś„ƒƒƒ•‡ƒ–
śɨɭɪɫƒ‡ś•Š‹ˆ–Ž‡˜‡”
‡‘˜‡–ſɪƀ
śɨɩɪɫƒ‡ś…”ƒƒ”
śɨɪɪɫƒ‡ś…Šƒ‹”‹‰
śɨɯɪɫƒ‡ś„”ƒ‡Ž‡˜‡”
śɨɫɫɫƒ‡ś„ƒƒƒ•‡ƒ–
śɨɭɪɫƒ‡ś•Š‹ˆ–Ž‡˜‡”
Ƌŵ
ƈ
ƈ
2H[HPSORDVHJXLUGHPRQVWUDYiULDVSURSULHGDGHVHPpWRGRVGH/LVW7!FODVVHJHQpULFDGRWLSRVWULQJ3DUD
REWHUXPH[HPSORGHXPD/LVW7!GHWLSRVFRPSOH[RVFRQVXOWHR&RQWDLQVPpWRGR
2FRQVWUXWRUSDGUmRpXVDGRSDUDFULDUXPDOLVWDGHFDGHLDVGHFDUDFWHUHVFRPDFDSDFLGDGHSDGUmR2
&DSDFLW\SURSULHGDGHpH[LELGDHHPVHJXLGDR$GGPpWRGRpXVDGRSDUDDGLFLRQDUYiULRVLWHQV2VLWHQVVmR
OLVWDGRVHR&DSDFLW\SURSULHGDGHpH[LELGDQRYDPHQWHMXQWRFRPR&RXQWSURSULHGDGHSDUDPRVWUDUTXHD
FDSDFLGDGHIRLDXPHQWDGDFRQIRUPHQHFHVViULR
2&RQWDLQVPpWRGRpXVDGRSDUDWHVWDUDSUHVHQoDGHXPLWHPQDOLVWDR,QVHUWPpWRGRpXVDGRSDUDLQVHULU
XPQRYRLWHPQRPHLRGDOLVWDHRFRQWH~GRGDOLVWDpH[LELGRQRYDPHQWH
2SDGUmR,WHPSURSULHGDGHRLQGH[DGRUHPFpXVDGDSDUDUHFXSHUDUXPLWHPR5HPRYHPpWRGRpXVDGR
SDUDUHPRYHUDSULPHLUDLQVWkQFLDGRLWHPGXSOLFDGRDGLFLRQDGRDQWHULRUPHQWHHRFRQWH~GRpH[LELGR
QRYDPHQWH25HPRYHPpWRGRVHPSUHUHPRYHDSULPHLUDLQVWkQFLDTXHHQFRQWUDU
27ULP([FHVVPpWRGRpXVDGRSDUDUHGX]LUDFDSDFLGDGHGHFRUUHVSRQGHUjFRQWDJHPHR&DSDFLW\H&RXQW
SURSULHGDGHVVmRH[LELGDV6HDFDSDFLGDGHQmRXWLOL]DGDWLQKDPHQRVGHGDFDSDFLGDGHWRWDODOLVWDVHULD
QmRIRUDPUHGLPHQVLRQDGD
3RUILPR&OHDUPpWRGRpXVDGRSDUDUHPRYHUWRGRVRVLWHQVGDOLVWDHR&DSDFLW\H&RXQWSURSULHGDGHVVmR
H[LELGDV
&
—•‹‰›•–‡Ś
—•‹‰›•–‡Ŝ‘ŽŽ‡…–‹‘•Ŝ
‡‡”‹…Ś
’—„Ž‹……Žƒ••šƒ’Ž‡
Ƈ
’—„Ž‹…•–ƒ–‹…˜‘‹†ƒ‹ſƀ
Ƈ
‹•–ʳ•–”‹‰ʴ†‹‘•ƒ—”•ʰ‡™‹•–ʳ•–”‹‰ʴſƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎƒ’ƒ…‹–›śƇɥƈɑř†‹‘•ƒ—”•Ŝƒ’ƒ…‹–›ƀŚ
†‹‘•ƒ—”•Ŝ††ſɑ›”ƒ‘•ƒ—”—•ɑƀŚ
†‹‘•ƒ—”•Ŝ††ſɑƒ”‰ƒ•ƒ—”—•ɑƀŚ
†‹‘•ƒ—”•Ŝ††ſɑƒ‡…Š‹•ƒ—”—•ɑƀŚ
†‹‘•ƒ—”•Ŝ††ſɑ‡‹‘›…Š—•ɑƀŚ
†‹‘•ƒ—”•Ŝ††ſɑ‘’•‘‰ƒ–Š—•ɑƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſ•–”‹‰†‹‘•ƒ—”‹†‹‘•ƒ—”•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſ†‹‘•ƒ—”ƀŚ
ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎƒ’ƒ…‹–›śƇɥƈɑř†‹‘•ƒ—”•Ŝƒ’ƒ…‹–›ƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑ‘—–śƇɥƈɑř†‹‘•ƒ—”•Ŝ‘—–ƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ‘–ƒ‹•ſɎɑ‡‹‘›…Š—•ɎɑƀśƇɥƈɑř
†‹‘•ƒ—”•Ŝ‘–ƒ‹•ſɑ‡‹‘›…Š—•ɑƀƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ•‡”–ſɩřɎɑ‘’•‘‰ƒ–Š—•ɎɑƀɑƀŚ
†‹‘•ƒ—”•Ŝ•‡”–ſɩřɑ‘’•‘‰ƒ–Š—•ɑƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſ•–”‹‰†‹‘•ƒ—”‹†‹‘•ƒ—”•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſ†‹‘•ƒ—”ƀŚ
ƈ
ŵŵŠ‘™•ƒ……‡••‹‰–Š‡Ž‹•–—•‹‰–Š‡–‡’”‘’‡”–›Ŝ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ†‹‘•ƒ—”•ƃɪƄśƇɥƈɑř†‹‘•ƒ—”•ƃɪƄƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ‡‘˜‡ſɎɑ‘’•‘‰ƒ–Š—•ɎɑƀɑƀŚ
†‹‘•ƒ—”•Ŝ‡‘˜‡ſɑ‘’•‘‰ƒ–Š—•ɑƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſƀŚ
ˆ‘”‡ƒ…Šſ•–”‹‰†‹‘•ƒ—”‹†‹‘•ƒ—”•ƀ
Ƈ
‘•‘Ž‡Ŝ”‹–‡‹‡ſ†‹‘•ƒ—”ƀŚ
ƈ
†‹‘•ƒ—”•Ŝ”‹š…‡••ſƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎ”‹š…‡••ſƀɑƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑƒ’ƒ…‹–›śƇɥƈɑř†‹‘•ƒ—”•Ŝƒ’ƒ…‹–›ƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑ‘—–śƇɥƈɑř†‹‘•ƒ—”•Ŝ‘—–ƀŚ
†‹‘•ƒ—”•ŜŽ‡ƒ”ſƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑɎŽ‡ƒ”ſƀɑƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑƒ’ƒ…‹–›śƇɥƈɑř†‹‘•ƒ—”•Ŝƒ’ƒ…‹–›ƀŚ
‘•‘Ž‡Ŝ”‹–‡‹‡ſɑ‘—–śƇɥƈɑř†‹‘•ƒ—”•Ŝ‘—–ƀŚ
ƈ
ƈ
ŵƋŠ‹•…‘†‡‡šƒ’Ž‡’”‘†—…‡•–Š‡ˆ‘ŽŽ‘™‹‰‘—–’—–ś
ƒ’ƒ…‹–›śɥ
›”ƒ‘•ƒ—”—•
ƒ”‰ƒ•ƒ—”—•
ƒ‡…Š‹•ƒ—”—•
‡‹‘›…Š—•
‘’•‘‰ƒ–Š—•
ƒ’ƒ…‹–›śɯ
‘—–śɬ
‘–ƒ‹•ſɑ‡‹‘›…Š—•ɑƀś”—‡
•‡”–ſɩřɑ‘’•‘‰ƒ–Š—•ɑƀ
›”ƒ‘•ƒ—”—•
ƒ”‰ƒ•ƒ—”—•
‘’•‘‰ƒ–Š—•
ƒ‡…Š‹•ƒ—”—•
‡‹‘›…Š—•
‘’•‘‰ƒ–Š—•
†‹‘•ƒ—”•ƃɪƄśƒ‡…Š‹•ƒ—”—•
‡‘˜‡ſɑ‘’•‘‰ƒ–Š—•ɑƀ
›”ƒ‘•ƒ—”—•
ƒ”‰ƒ•ƒ—”—•
ƒ‡…Š‹•ƒ—”—•
‡‹‘›…Š—•
‘’•‘‰ƒ–Š—•
”‹š…‡••ſƀ
ƒ’ƒ…‹–›śɬ
‘—–śɬ
Ž‡ƒ”ſƀ
ƒ’ƒ…‹–›śɬ
‘—–śɥ
Ƌŵ
,QIRUPDo}HVGHYHUVmR
1(7)UDPHZRUN
&RPVXSRUWHHP
1(7)UDPHZRUN&OLHQW3URILOH
&RPVXSRUWHHP63
1(7SDUDDSOLFDWLYRVGR:LQGRZV3KRQH
&RPVXSRUWHHP:LQGRZV3KRQH:LQGRZV3KRQH6LOYHUOLJKW
%LEOLRWHFDGH&ODVVHV3RUWiWLO
&RPVXSRUWHHP%LEOLRWHFDGH&ODVVHV3RUWiWLO
1(7SDUDDSOLFDWLYRVGD:LQGRZV6WRUH
&RPVXSRUWHHP
3ODWDIRUPDV
:LQGRZV3KRQH:LQGRZV3KRQH:LQGRZV:LQGRZV6HUYHU5:LQGRZV:LQGRZV6HUYHU
:LQGRZV:LQGRZV9LVWD63:LQGRZV6HUYHU)XQomR6HUYHU&RUHVHPVXSRUWH:LQGRZV
6HUYHU5)XQomR6HUYHU&RUHFRPVXSRUWHFRPR63RXSRVWHULRU,WDQLXPVHPVXSRUWH
21(7)UDPHZRUNQmRRIHUHFHVXSRUWHDWRGDVDVYHUV}HVGHFDGDSODWDIRUPD3DUDREWHUXPDOLVWDGDV
YHUV}HVFRPVXSRUWHFRQVXOWH5HTXLVLWRVGRVLVWHPDGR1(7)UDPHZRUN
6HJXUDQoDGHWKUHDGV
2VPHPEURVHVWiWLFRVS~EOLFRV6KDUHGQR9LVXDO%DVLFGHVVHVmRWKUHDGVDIH2VPHPEURVGDLQVWkQFLDQmR
HVWmRJDUDQWLDVGHVHUHPWKUHDGVDIH
eVHJXURH[HFXWDUYiULDVRSHUDo}HVGHOHLWXUDHPXP/LVW7!PDVSRGHPRFRUUHUSUREOHPDVVHDFROHomRp
PRGLILFDGDHQTXDQWRHVWiVHQGROLGR3DUDJDUDQWLUDVHJXUDQoDGRWKUHDGEORTXHDUDFROHomRGXUDQWHXPD
OHLWXUDRXRSHUDomRGHJUDYDomR3DUDKDELOLWDUXPDFROHomRVHMDDFHVVDGDSRUYiULRVWKUHDGVSDUDOHLWXUDH
JUDYDomRYRFrGHYHLPSOHPHQWDUVXDVLQFURQL]DomR3DUDFROHo}HVFRPVLQFURQL]DomRLQWHUQDFRQVXOWHDV
FODVVHVGH6\VWHP&ROOHFWLRQV&RQFXUUHQWQDPHVSDFH3DUDXPDDOWHUQDWLYDLQHUHQWHPHQWHWKUHDGVDIHFRQVXOWH
R,PPXWDEOH/LVWFODVVH
&RQVXOWHWDPEpP
5HIHUrQFLD
1DPHVSDFH6\VWHP&ROOHFWLRQV*HQHULF
,/LVW
,PPXWDEOH/LVW
2XWURVUHFXUVRV
([HFXWDQGRRSHUDo}HVGHFDGHLDGHFDUDFWHUHVTXHQmROHYDPHPFRQWDDFXOWXUDHPFROHo}HV
,WHUDGRUHV&H9LVXDO%DVLF
+LHUDUTXLDGHKHUDQoD
6\VWHP2EMHFW
££6\VWHP&ROOHFWLRQV*HQHULF/LVW7!
££££6\VWHP'DWD6HUYLFHV([SDQG6HJPHQW&ROOHFWLRQ
££££6\VWHP:RUNIORZ$FWLYLWLHV2SHUDWLRQ3DUDPHWHU,QIR&ROOHFWLRQ
££££6\VWHP:RUNIORZ$FWLYLWLHV:RUNIORZ5ROH&ROOHFWLRQ
££££6\VWHP:RUNIORZ&RPSRQHQW0RGHO$FWLYLW\&ROOHFWLRQ
££££6\VWHP:RUNIORZ&RPSRQHQW0RGHO'HVLJQ$FWLYLW\'HVLJQHU*O\SK&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ$FWLYLW\7UDFNLQJ/RFDWLRQ&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ$FWLYLW\7UDFN3RLQW&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ([WUDFW&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ7UDFNLQJ$QQRWDWLRQ&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ7UDFNLQJ&RQGLWLRQ&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ8VHU7UDFNLQJ/RFDWLRQ&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ8VHU7UDFN3RLQW&ROOHFWLRQ
££££6\VWHP:RUNIORZ5XQWLPH7UDFNLQJ:RUNIORZ7UDFN3RLQW&ROOHFWLRQ
&RQWULEXLo}HVGDFRPXQLGDGH
Œ0LFURVRIW

Documentos relacionados

Chagas de Souza (2000) - alternância causativa, defaults, léx

Chagas de Souza (2000) - alternância causativa, defaults, léx $OpP GHVVH REMHWLYR PDLV HVSHFtILFR SDVVHL D WHU GRLV REMHWLYRV PDLV JHUDLV 2 SULPHLUR VXVFLWDGR SRU +DOH  .H\VHU IRL D GHWHUPLQDomR GH TXDLV RV YHUERV SRVVtYHLV QDV...

Leia mais

E5CK-T Ramp/Soak Process Controller

E5CK-T Ramp/Soak Process Controller VDIHW\ SUHFDXWLRQV VXFK DV IDLOVDIH LQVWDOODWLRQV  8VH XQGHU FLUFXPVWDQFHV RU HQYLURQPHQWV ZKLFK DUH QRW GHVFULEHG LQ WKLV XVHU·V PDQXDO  8VH IRU QXFOHDU SRZHU FRQWURO UDLOZD\ DLU FUDIW...

Leia mais