2009 - confea.org.br

2 Este manual de procedimentos operacionais, bem como as tabelas auxiliares que compõe seu anexo, foi aprovado separadamente da Resolução n° 1.025, de...

7 downloads 744 Views 492KB Size
Manual de Procedimentos Operacionais Resolução n° 1.025, de 30 de outubro de 2009 Anexo II

Revisão

Data

Tabelas Auxiliares

00

00/00/2009

1. Introdução A adoção de parâmetros unificados nacionalmente visa à uniformidade dos dados que serão registrados na ART, independentemente do estado da Federação onde se encontra o usuário, a obra ou o serviço, garantindo unidade de ação dos Creas, tratamento equânime para os profissionais e empresas que atuam em várias circunscrições, segurança para os órgãos públicos que analisam ARTs e CATs emitidas por diversos Creas, bem como possibilita o tratamento estatístico dos dados relativos às atividades técnicas desenvolvidas no país. Conforme Anexo I da Resolução nº 1.025, de 2009, a ART será preenchida a partir de três conjuntos distintos de dados: 

dados de preenchimento automático constantes dos assentamentos do Crea relacionados ao registro do profissional e da empresa;



dados de livre preenchimento pelo profissional relativos a características do contrato;



dados de preenchimento pelo disponibilizadas pelo sistema.

profissional

vinculados

a

tabelas

auxiliares

2. Das tabelas auxiliares As tabelas auxiliares da ART serão adotadas por todos os Creas, tendo em vista a padronização dos requisitos mínimos, regras de negócio e modelagem do sistema eletrônico de registro da ART. O preenchimento da ART está condicionado à adoção das seguintes tabelas auxiliares: 1. Forma de registro da ART 2. Participação técnica 3. Tipo de contratante 4. Tipo de ação institucional 5. Finalidade 6. Vínculo contratual 7. Nível de atuação 8. Atividade profissional 9. Tabela de obras e serviços de rotina 10. Tabela de obras e serviços 11. Unidade de medida

2.1. Da atualização das tabelas auxiliares 1

Este manual de procedimentos operacionais, bem como as tabelas auxiliares que compõe seu anexo, foi aprovado separadamente da Resolução n° 1.025, de 2009, com o objetivo de possibilitar sua constante atualização. Esta atualização visa acompanhar as mudanças no mercado de trabalho e a evolução tecnológica, bem como adaptar a ART a outras legislações que regulamentam as atividades desenvolvidas pelos profissionais registrados nos Creas, como normas técnicas, normas regulamentadoras, classificação de atividades econômicas, entre outras. 2.1.1. As tabelas auxiliares serão atualizadas rotineiramente a partir de proposta justificada encaminhada pelos Creas, após deliberação da comissão permanente que tem como atribuição a organização do Sistema. 2.1.2. A proposta deverá ser aprovada pelo Plenário do Crea e apresentar as seguintes informações: 

referência à tabela e ao item a ser alterado;



texto original do item a ser alterado, quando houver;



texto proposto para o item, no caso de inclusão ou alteração; e



motivos que justifiquem a inclusão, alteração ou exclusão do item.

Antes do encaminhamento da proposta, o Crea deve verificar a inexistência do item na tabela auxiliar com o objetivo de evitar a inclusão de itens equivalentes aos já existentes. No caso da Tabela de obras e serviços, também deverão ser indicados os tópicos – número e denominação – das competências profissionais do Anexo II da Resolução n° 1.010, de 2005, correspondentes ao item proposto. 2.1.3. As propostas para atualização das tabelas auxiliares serão analisadas em caráter prioritário pela unidade organizacional do Confea responsável pela elaboração de normas e procedimentos. 2.1.4. As atualizações das tabelas auxiliares ficarão disponíveis no sistema de registro da ART dos Creas e no site: www.confea.org.br. 3.

Das tabelas auxiliares que identificam a atividade técnica A atividade técnica a ser registrada na ART é resultado da composição de um conjunto de dados que especifica a relação da atividade do profissional sobre a obra ou serviço, objeto do contrato. 3.1. Compõem os elementos qualitativos da atividade técnica os dados das seguintes tabelas: 

Nível de atuação: identifica o nível da responsabilidade técnica do profissional sobre a atividade técnica a ser desenvolvida pelo próprio profissional ou por outros profissionais vinculados à obra/serviço.



Atividade profissional: identifica a atividade a ser desenvolvida pelo profissional para execução da obra ou serviço. 2



Tabela de obras e serviços: identifica a obra ou serviço objeto do contrato.

3.2. Compõem os elementos quantitativos da atividade técnica os dados relativos à quantidade e respectiva unidade, que informa a medida da parcela da obra ou serviço objeto do contrato. 3.3. Do modelo de dados da atividade técnica 4. Da Tabela de obras e serviços A Tabela de obras e serviços a ser adotada para preenchimento da nova ART foi concebida em função das áreas de atuação econômica com o objetivo de adequar-se à realidade do mercado de trabalho e às premissas instituídas pela Resolução n° 1.010, de 2005. Neste sentido, o relacionamento da Tabela de obras e serviços com a legislação profissional em vigor ocorrerá por meio de sua vinculação às competências específicas de cada profissional, conforme registro no Crea. Contudo, uma vez que não foi concluída a revisão do Anexo II da Resolução n° 1.010, de 2005, durante a etapa de implantação da nova ART em 2010, o sistema de registro da ART vinculará os itens da Tabela de obras e serviços às modalidades profissionais nos mesmos moldes que ocorrem atualmente. 4.1. Da inter-relação da Tabela de obras e serviços A tabela que relaciona as obras e serviços passíveis de registro na ART é composta por duas tabelas inter-relacionadas: 

Tabela de obras e serviços, propriamente dita, que indica de modo genérico as obras ou serviços, objeto do contrato, sobre o qual atuará o profissional;



Tabela de complemento que especifica características complementares das obras ou serviços indicados.

A adoção deste modelo de dados visa possibilitar ao profissional indicar e especificar com maior assertividade as atividades técnicas que estarão sob sua responsabilidade, garantindo segurança na relação contratual, detalhamento adequado para o acervo técnico e transparência para a sociedade. A adoção deste modelo acarretou mudanças no formulário da ART, tais como: 

impressão de mais de uma página, visando possibilitar a indicação de todas as atividades técnicas contratadas;



descrição por extenso das atividades técnicas registradas, visando garantir a adequada compreensão dos dados constantes da ART;



redução do campo descritivo, que anteriormente era utilizado para a complementação ou detalhamento dos dados constantes da ART.

3

4.2. Da organização da Tabela de obras e serviços por área de atuação A Tabela de obras e serviços está organizada por área de atuação, que pode abranger obras e serviços relacionados a várias especializações profissionais. Deste modo, as competências de um determinado perfil profissional podem percorrer várias áreas de atuação, razão pela qual o sistema disponibilizará mecanismo de pesquisa por área de atuação ou por obra/serviço. As áreas de atuação consideradas foram: 

Aeronáutica



Geologia



Agricultura



Mecânica



Agrimensura



Meio Ambiente



Alimentos



Meteorologia



Arquitetura



Naval



Construção Civil



Química



Eletricidade



Segurança



Geografia



Têxtil

Cada uma das áreas de atuação é ainda subdividida com base na Classificação Nacional de Atividades Econômicas – CNAE do IBGE – www.ibge.gov.br/concla, abarcando as seções que se relacionam com as áreas de atuação das profissões abrangidas pelo Sistema Confea/Crea. Assim, a subdivisão da Tabela de obras e serviços está diretamente relacionada às seções do CNAE, motivo pelo qual se nota a falta de continuidade de sua enumeração, conforme apresentado abaixo: 

Seção A - Agricultura, pecuária, produção florestal, pesca e aqüicultura



Seção B - Indústrias extrativas



Seção C - Indústrias de transformação



Seção D - Eletricidade e gás



Seção E - Água, esgoto, atividades de gestão de resíduos e descontaminação



Seção F - Construção



Seção M - Atividades profissionais, científicas e técnicas

4

Tabela

FORMA DE REGISTRO

Tabela

PARTICIPAÇÃO TÉCNICA

Item

Descrição

Item

Descrição

1

Inicial

1

Individual

2

Complementar

2

Coautor

3

Substituição

3

Corresponsável

-

-

4

Equipe

Tabela

TIPO DE CONTRATANTE

Tabela

TIPO DE AÇÃO INSTITUCIONAL

Item

Descrição

Item

Descrição

1

Pessoa física

1

Agricultura familiar

2

Pessoa jurídica de direito privado

2

Calamidade Pública

3

Pessoa jurídica de direito público

3

Entidade Beneficente

-

-

4

Moradia Popular

-

-

5

Uso residencial do profissional

-

-

6

Órgão Público

-

-

7

Convênio do Crea

Tabela

FINALIDADE

Tabela

FINALIDADE

Item

Descrição

Item

Descrição

1

Agrícola

12

Industrial

2

Ambiental

13

Infraestrutura

3

Aquicola

14

Judicial

4

Artístico

15

Patrimônio Histórico

5

Cadastral

16

Prisional

6

Comercial

17

Religioso

7

Cultural

18

Residencial

8

Escolar

19

Rural

9

Esportivo

20

Saneamento básico

10

Florestal

21

Saúde

11

Hoteleiro

22

Outro

Tabela

VÍNCULO CONTRATUAL

Tabela

VÍNCULO CONTRATUAL

Item

Descrição

Item

Descrição

1

Empregado

4

Servidor público

2

Empregado público

5

Sócio

3

Prestador de serviço

-

-

5

Tabela

NÍVEL DE ATUAÇÃO

Tabela

NÍVEL DE ATUAÇÃO

Item

Descrição

Item

Descrição

1

Assessoria

7

Execução

2

Assistência

8

Fiscalização

3

Condução

9

Gestão

4

Consultoria

10

Orientação

5

Coordenação

11

Supervisão

6

Direção

12

-

Tabela

ATIVIDADE PROFISSIONAL

Tabela

ATIVIDADE PROFISSIONAL

Item

Descrição

Item

Descrição

1

Coleta de Dados

25

Treinamento

2

Estudo

26

Ensino

3

Planejamento

27

Pesquisa

4

Anteprojeto

28

Desenvolvimento

5

Projeto

29

Análise

6

Projeto básico

30

Experimentação

7

Projeto executivo

31

Ensaio

8

Projeto “as built”

32

Divulgação técnica

9

Especificação

33

Extensão

10

Desenho técnico

34

Padronização

11

Detalhamento

35

Mensuração

12

Estudo de viabilidade técnica

36

Controle de qualidade

13

Estudo de viabilidade econômica

37

Produção técnica especializada

14

Estudo de viabilidade ambiental

38

Orçamento

15

Execução

39

Instalação

16

Direção

40

Montagem

17

Fiscalização

41

Reparo

18

Vistoria

42

Operação

19

Perícia

43

Manutenção

20

Avaliação

44

Desempenho de Cargo Técnico

21

Monitoramento

45

Desempenho de Função Técnica

22

Laudo

46

Inspeção

23

Parecer

47

Certificação

24

Auditoria

48

Fabricação

6

Tabela

UNIDADE DE MEDIDA

Item

Descrição

Tabela

UNIDADE DE MEDIDA

Símbolo

Item

Descrição

Símbolo

A

41

metro por segundo

m/s

A/m

42

mililitro

ml min

1

ampére

2

ampére por metro

3

angstron

Å

43

minuto

4

ano

a

44

minuto - segundo

5

atmosfera

atm

45

mudas

md

6

bar

bar

46

newton

N

7

caloria

cal

47

ohm



8

candela

cd

48

ohm-metro

Ωm

9

cavalo-vapor

cv

49

pascal

Pa

10

coulomb

C

50

polegadas

pol

11

decibel

db

51

quilocaloria

kcal

12

dia

d

52

quilocaloria por hora

13

diâmetro em polegadas

d.pol

53

quilograma

14

farad

F

54

quilograma por segundo

kg/s

15

grama

g

55

quilograma-força

kgf

16

grama por quilograma

g/kg

56

quilograma-força por hora

17

grau

o

57

quilômetro

km

18

graus Celsius

o

C

58

quilômetro quadrado

km2

19

hectare

ha

59

quilovolt

20

henry

H

60

quilovolt-ampére

kvA

21

hertz

Hz

61

quilowatt

kW

22

homem hora

hh

62

radiano

rad

23

hora

h

63

rotação por minuto

rpm

24

hora por dia

h/d

64

sacas

25

hora por mês

h/m

65

segundo

´´

26

hora por semana

h/sem

66

siemens

S

27

joule

J

67

tesla

T

28

joule por kelvin

J/K

68

tonelada

t

29

kelvin

K

69

tonelada por metro quadrado

30

litro

l

70

tonelada refrigeração

tr

31

litro por hora

l/h

71

tonelada por hora

t/h

32

litros por hectare

lt/ha

72

tonelada por mês

t/mes

33

lúmen

lm

73

unidade

34

lúmen por watt

lm/W

74

unidade por hora

35

lux

lx

75

volt

min.s

kca/h kg

kgf/h

kv

sacas

t/m²

un un/h V 7

36

mega-volt-ampére

37

metro

mva

76

volt-ampére

m

77

volt por metro

3

78

watt

38

metro cúbico

m

39

metro cúbico por segundo

m3/s

79

watt por metro quadrado

40

metro quadrado

m2

80

weber

VA V/m W W/m2 Wb

Devido às suas características e dimensão, a tabela de obras e serviços de rotina e a tabela de obras e serviços serão apresentadas em arquivo separado.

8

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 527,1$



7$%(/$'(2%5$6(6(59,d26 2EUDVH6HUYLoRVGH5RWLQD

5RWLQD $WLYLGDGH 3URILVVLRQDO

,WHP

2EUDRX6HUYLoR

$QiOLVH $VVLVWrQFLD $YDOLDomR )LVFDOL]DomR /DXGR 0RQLWRUDPHQWR 3DUHFHU 3HUtFLD 3ODQHMDPHQWR 3URMHWR 9LVWRULD $VVLVWrQFLD ,QVWDODomR 0DQXWHQomR $VVLVWrQFLD ,QVWDODomR 0DQXWHQomR &HUWLILFDomR

WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU HPHTXLSDPHQWRVHOHWURHOHWU{QLFRV HPHTXLSDPHQWRVHOHWURHOHWU{QLFRV HPHTXLSDPHQWRVHOHWURHOHWU{QLFRV HPHTXLSDPHQWRVHOHWURPHFkQLFRV HPHTXLSDPHQWRVHOHWURPHFkQLFRV HPHTXLSDPHQWRVHOHWURPHFkQLFRV GHSURGXWRVYHJHWDLVHIORUHVWDLV

(VSHFLILFDomR (QVDLR (QVDLR (QVDLR

GHDJURWy[LFR TXtPLFRSDUDFRQWUROHWHFQROyJLFR ItVLFRSDUDFRQWUROHWHFQROyJLFR GHFDOLEUDomRSDUDFRQWUROH WHFQROyJLFR GHSURSULHGDGHVItVLFRPHFkQLFDV GHDWHUUDPHQWR GHFDUJDUHFDUJDHWHVWHKLGURVWiWLFR

(QVDLR ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR 3URMHWR

/DXGR

([HFXomR )DEULFDomR )DEULFDomR )DEULFDomR )DEULFDomR )DEULFDomR )DEULFDomR )DEULFDomR )LVFDOL]DomR ([HFXomR 0DQXWHQomR

GHFROHWDHWUDQVSRUWH GHGHVHQWXSLPHQWRHVJRWDPHQWRH GHVREVWUXomR GHGHVLQVHWLVDomRGHVLQIHFomR GHVUDWL]DomRHFRQVHUYDomR GHHVWDTXHDPHQWR GHIXQGDo}HV GHLPSHUPHDELOL]Do}HV GHOLJDo}HVSUHGLDLV SDUDDXWRUL]DomRRXOLFHQFLDPHQWR DPELHQWDOGHDWLYLGDGHVGHSHTXHQR SRUWH SDUDDXWRUL]DomRRXOLFHQFLDPHQWR DPELHQWDOGHDWLYLGDGHVGHSHTXHQR SRUWH GHVRQGDJHP GHDUJDPDVVD GHDUWHIDWRVFHUkPLFRV GHDUWHIDWRVGHFLPHQWR GHDUWHIDWRVGHFRQFUHWR GHFRQFUHWRFLFOySLFRHVWUXWXUDORX XVLQDGR GHODMHSUpIDEULFDGD GHSUpPROGDGRVGHFRQFUHWR GHREUDV GHLQVSHomRGHFDOGHLUDVHYDVRVVRE SUHVVmR GHFDOGHLUDVHYDVRVVRESUHVVmR

&RPSOHPHQWR WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU WDEHODDX[LOLDU

SDUDHPLVVmRGR&HUWLILFDGR)LWRVVDQLWiULR GH2ULJHP&)2 SDUDFXOWXUD WDEHODDX[LOLDU

SDUDFRQWUROHWHFQROyJLFR GDPDGHLUDHFODVVLILFDomRGDPDGHLUD GHLQVWDODo}HVHHTXLSDPHQWRV GHH[WLQWRUGHLQFrQGLR GHUHVtGXRVSHULJRVRV GHHVJRWRIRVVDHFDQDOL]DomR GHDPELHQWH 9(5,),&$53(57,1Ç1&,$ GHiJXDHHVJRWRQDUHGHS~EOLFD

7$%(/$'(2%5$6(6(59,d26 2EUDVH6HUYLoRVGH5RWLQD

5RWLQD ,WHP

$WLYLGDGH 3URILVVLRQDO ([HFXomR ([HFXomR ([HFXomR ([HFXomR ([HFXomR /DXGR ([HFXomR /DXGR ([HFXomR /DXGR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR ,QVWDODomR 0DQXWHQomR /DXGR

0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR 0DQXWHQomR

2EUDRX6HUYLoR GHLQVSHomRGHLQVWDODomRHOpWULFD GHLQVSHomRGHLQVWDODo}HVHOpWULFDV GHLQVSHomR GHLQVSHomR GHLQVSHomR GHLQVSHomR GHLQVSHomR GHLQVSHomR GHLQVSHomR GHLQVSHomR GHDTXHFHGRUHVGHiJXDHJHUDGRUHV GHiJXDTXHQWH GHDTXHFHGRUHVGHiJXDHJHUDGRUHV GHiJXDTXHQWH GHFHUFDVHOpWULFDV GHFHUFDVHOpWULFDV GHDQWHQDVSDUDEyOLFDV GHDQWHQDVSDUDEyOLFDV GHFRQYHUVRUGH*19*iV1DWXUDO 9HLFXODU GHFRQYHUVRUGH*19*iV1DWXUDO 9HLFXODU GHJiVFDQDOL]DGR GHJiVFDQDOL]DGR GHLQVWDODo}HVHOpWULFDV GHLQVWDODo}HVHOpWULFDV GHLQVWDODo}HVHOpWULFDV GHLQVWDODo}HVHOpWULFDV SDUDDSURYHLWDPHQWRGHYHJHWDomR DUEyUHDHSDUDOLPSH]DGHiUHDV FREHUWDVSRUFDSRHLUD GHDUFRQGLFLRQDGR GHFRPSXWDGRUHV GHHOHYDGRUHV GHHTXLSDPHQWR GHHVFDGDVURODQWHV GHH[WLQWRUHV GHVLVWHPDGHSURWHomR GHVLVWHPDVHGHLQVWDODo}HVHOpWULFDV

0RQWDJHP 0RQWDJHP 0RQWDJHP 2UoDPHQWR 3HUtFLD 3HVTXLVD 3URMHWR

GHVLVWHPDVHGHLQVWDODo}HV KLGUiXOLFDV GHSDLQpLVSXEOLFLWiULRV GHVLORVPHWiOLFRV GHVWDQGV GHREUDVS~EOLFDV UHODFLRQDGDDR352$*52 PLQHUDO DDJULFXOWXUDIDPLOLDU

$VVLVWrQFLD

DDJULFXOWXUDIDPLOLDU

3URMHWR

GHSHVTXLVDHH[SHULPHQWDomR

,QVWDODomR

GHSHVTXLVDHH[SHULPHQWDomR

&RPSOHPHQWR YLQFXODGDVj15 GHHTXLSDPHQWRVHOHWURHOHWU{QLFRV GHHTXLSDPHQWRVHOHWURPHFkQLFRV YHLFXODUDPELHQWDO YHLFXODUDPELHQWDO GHVHJXUDQoDYHLFXODU GHVHJXUDQoDYHLFXODU GHSURGXWRVGHRULJHPYHJHWDO GHSURGXWRVGHRULJHPYHJHWDO

HPHGLILFDo}HV HPHGLILFDo}HV YLQFXODGDVj15 YLQFXODGDVj15

GHWUDQVSRUWH

GHGHVFDUJDDWPRVIpULFD 63'$ GHFRPEDWHDLQFrQGLR GHFRPEDWHDLQFrQGLR 9(5,),&$53(57,1Ç1&,$

GHDFRUGRFRPRVOLPLWHVGHILQLGRVSHOR 3521$) GHDFRUGRFRPRVOLPLWHVGHILQLGRVSHOR 3521$) DJURSHFXiULDIORUHVWDODJURLQGXVWULDOH LQGXVWULDO DJURSHFXiULDIORUHVWDODJURLQGXVWULDOH LQGXVWULDO

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ $(521È87,&$



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



6LVWHPDV $HURQiXWLFRVH (VSDFLDLV

2EUDRX6HUYLoR

&RPSOHPHQWR

&RQVWUXomR

$HURQiXWLFD $HURHVSDFLDO (VSDFLDO

6LVWHPDV0HFkQLFRVUHIHUHQWHVD

$HURQDYHV

3ODWDIRUPDVGH/DQoDPHQWR 9HtFXORVGH/DQoDPHQWR (VSDoRQDYHV 6LVWHPDV(VWUXWXUDLV0HWiOLFRV UHIHUHQWHVD

$HURQDYHV

3ODWDIRUPDVGH/DQoDPHQWR 9HtFXORVGH/DQoDPHQWR (VSDoRQDYHV 6LVWHPDV7pUPLFRVUHIHUHQWHVD

$HURQDYHV

3ODWDIRUPDVGH/DQoDPHQWR 9HtFXORVGH/DQoDPHQWR (VSDoRQDYHV 6LVWHPDV)OXLGRGLQkPLFRV UHIHUHQWHVD

$HURQDYHV

3ODWDIRUPDVGH/DQoDPHQWR 9HtFXORVGH/DQoDPHQWR (VSDoRQDYHV 6LVWHPDV(OHWURHOHWU{QLFRV UHIHUHQWHVD

0DWHULDLVGH&RQVWUXomR



$HURQDYHV

3ODWDIRUPDVGH/DQoDPHQWR 9HtFXORVGH/DQoDPHQWR (VSDoRQDYHV $HURQiXWLFD $HURHVSDFLDO (VSDFLDO

7HFQRORJLD $HURHVSDFLDO 5HGHVUHIHUHQWHVD6LVWHPDVGH %RUGR 0iTXLQDV 0RWRUHV 3URSXOVRUHV ,QVWDODo}HV (TXLSDPHQWRV

'LVSRVLWLYRV

0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV $YL{QLFD 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV $YL{QLFD

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



7HFQRORJLD $HURHVSDFLDO

FRQWLQXDomR

&RPSRQHQWHV



,QIUDHVWUXWXUD $HURSRUWXiULDH ,QGXVWULDO ,QIUDHVWUXWXUDH ,QG~VWULD $HURQiXWLFDH (VSDFLDO

,QIUDHVWUXWXUD ,QVWDODo}HV (TXLSDPHQWRV 'LVSRVLWLYRV$HURSRUWXiULRV

&RPSRQHQWHV

&RPSOHPHQWR

0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV $YL{QLFD

0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



$HURQDYHJDELOLGDGH

2EUDRX6HUYLoR

2SHUDo}HVGH9{R 6HUYLoRVGH

&RQWUROHGH$HURQDYHV GH,QVWDODo}HVGD$YLDomR&LYLO ,QYHVWLJDomR 3UHYHQomR $HURQDYHJDELOLGDGH

&RPSOHPHQWR

7UiIHJR$pUHR 7UDQVSRUWH$pUHR &RPXQLFDomR

GH$FLGHQWHV$HURQiXWLFRV GH$FLGHQWHV$HURQiXWLFRV GH$FLGHQWHV$HURQiXWLFRV GH$FLGHQWHV$HURQiXWLFRV

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ $*5,&8/785$



7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

6HomR$ ,WHP

ÈUHDVGH$WXDomR



&RQWUROHj(URVmR

2EUDRX6HUYLoR

&RPSOHPHQWR

&REHUWXUD9HJHWDO &XOWLYR0tQLPR +LGURVVHPHDGXUD (QOHLYDPHQWR 7HUUDFHDPHQWR &XUYDGH1tYHO 3ODQWLR'LUHWR 3RXVLR 5RWDomRGH&XOWXUDV 

6RORV

8WLOL]DomRGR6ROR 6LVWHPDWL]DomRGH6RORV (GDIRORJLD &RQVHUYDomRGR6ROR

3URWHomRGR6ROR

&ODVVLILFDomRGRVROR 0DQHMRGRVROR

&RQWUROHj(URVmR &RUUHomRGR6ROR 'UHQDJHPGRV6RORV $GXEDomR9HUGH &RQWUROHj(URVmR &RUUHomRGR6ROR 'UHQDJHPGRV6RORV $GXEDomR9HUGH &RQWUROHj(URVmR &RUUHomRGR6ROR 'UHQDJHPGRV6RORV $GXEDomR9HUGH

3ODQHMDPHQWRGHXVRGRVROR 

3URGXomR9HJHWDO

0LFURELRORJLD &XOWLYR

/DYRXUDSHUHQH /DYRXUDVHPLSHUHQH /DYRXUDWHPSRUiULD &HUHDLV /HJXPLQRVDV 2OHDJLQRVDV )LEURVDV 3ODQWDV0HGLFLQDLV(VWLPXODQWHVH ,QGXVWULDLV &RUDQWHV1DWXUDLVH&RQGLPHQWRV )RUUDJHLUDVH3DVWDJHQV 2OHUtFRODV )UXWtIHUDV 5Dt]HV7XEpUFXORVH5L]RPDV )ORUHVH3ODQWDV2UQDPHQWDLV (VSpFLHV)ORUHVWDLV &XOWXUD3URWHJLGD 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV 2UJkQLFR

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



3URGXomR9HJHWDO

FRQWLQXDomR

&XOWLYRHP$PELHQWH&RQWURODGR

&ROKHLWD

&RPSOHPHQWR

2XWUDVIRUPDVGHSURSDJDomR 2XWUDVIRUPDVGHSURSDJDomR FHUWLILFDGDV ODYRXUDSHUHQH ODYRXUDVHPLSHUHQH ODYRXUDWHPSRUiULD &HUHDLV /HJXPLQRVDV 2OHDJLQRVDV )LEURVDV 3ODQWDV0HGLFLQDLV(VWLPXODQWHVH ,QGXVWULDLV &RUDQWHV1DWXUDLVH&RQGLPHQWRV )RUUDJHLUDVH3DVWDJHQV 2OHUtFRODV )UXWtIHUDV 5Dt]HV7XEpUFXORVH5L]RPDV )ORUHVH3ODQWDV2UQDPHQWDLV (VSpFLHV)ORUHVWDLV &XOWXUD3URWHJLGD 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV 2UJkQLFR 2XWUDVIRUPDVGHSURSDJDomR 2XWUDVIRUPDVGHSURSDJDomR FHUWLILFDGDV ODYRXUDSHUHQH ODYRXUDVHPLSHUHQH ODYRXUDWHPSRUiULD &HUHDLV /HJXPLQRVDV 2OHDJLQRVDV )LEURVDV 3ODQWDV0HGLFLQDLV(VWLPXODQWHVH ,QGXVWULDLV &RUDQWHV1DWXUDLVH&RQGLPHQWRV )RUUDJHLUDVH3DVWDJHQV 2OHUtFRODV )UXWtIHUDV 5Dt]HV7XEpUFXORVH5L]RPDV )ORUHVH3ODQWDV2UQDPHQWDLV (VSpFLHV)ORUHVWDLV &XOWXUD3URWHJLGD 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV 2UJkQLFR 2XWUDVIRUPDVGHSURSDJDomR

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



3URGXomR9HJHWDO

FRQWLQXDomR

3URGXomR

&RPSOHPHQWR

2XWUDVIRUPDVGHSURSDJDomR FHUWLILFDGDV ODYRXUDSHUHQH ODYRXUDVHPLSHUHQH ODYRXUDWHPSRUiULD &HUHDLV /HJXPLQRVDV 2OHDJLQRVDV )LEURVDV 3ODQWDV0HGLFLQDLV(VWLPXODQWHVH ,QGXVWULDLV &RUDQWHV1DWXUDLVH&RQGLPHQWRV )RUUDJHLUDVH3DVWDJHQV 2OHUtFRODV )UXWtIHUDV 5Dt]HV7XEpUFXORVH5L]RPDV )ORUHVH3ODQWDV2UQDPHQWDLV (VSpFLHV)ORUHVWDLV &XOWXUD3URWHJLGD 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV 2UJkQLFR 2XWUDVIRUPDVGHSURSDJDomR FHUWLILFDGDV

3URGXomRHP$PELHQWH&RQWURODGR ODYRXUDSHUHQH

ODYRXUDVHPLSHUHQH ODYRXUDWHPSRUiULD &HUHDLV /HJXPLQRVDV 2OHDJLQRVDV )LEURVDV 3ODQWDV0HGLFLQDLV(VWLPXODQWHVH ,QGXVWULDLV &RUDQWHV1DWXUDLVH&RQGLPHQWRV )RUUDJHLUDVH3DVWDJHQV 2OHUtFRODV )UXWtIHUDV 5Dt]HV7XEpUFXORVH5L]RPDV )ORUHVH3ODQWDV2UQDPHQWDLV (VSpFLHV)ORUHVWDLV &XOWXUD3URWHJLGD 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV 2UJkQLFR 2XWUDVIRUPDVGHSURSDJDomR

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



3URGXomR9HJHWDO

FRQWLQXDomR

9LYHLURV

&RPSOHPHQWR

2XWUDVIRUPDVGHSURSDJDomR FHUWLILFDGDV 0XGDV 0XGDVFHUWLILFDGDV 6HPHQWHV 6HPHQWHVFHUWLILFDGDV

%LRPHWULD 3URSDJDomRLQYLWUR +LGURSRQLD 7UDQVJHQLD 

1XWULomR9HJHWDOH )LWRVVDQLGDGH

&DSLQD

&RQWUROH)LWRVVDQLWiULR $GXEDomR

$SOLFDomRGHDJURTXtPLFR

$SOLFDomRDpUHDGHDJURTXtPLFR

$SOLFDomRGHLQVXPRVDJUtFRODV

$SOLFDomRDpUHDGHLQVXPRV DJUtFRODV

0DQXDO 0HFDQL]DGR 4XtPLFR 9HUGH 4XtPLFD 2UJkQLFD $JURWy[LFR %LRFLGD 3HVWLFLGD 3UDJXLFLGD &RUUHWLYRV$JUtFRODV )HUWLOL]DQWHV2UJkQLFRV )HUWLOL]DQWHV4XtPLFRV ,QRFXODQWHV0LFURELROyJLFRV $JURWy[LFR %LRFLGD 3HVWLFLGD 3UDJXLFLGD &RUUHWLYRV$JUtFRODV )HUWLOL]DQWHV2UJkQLFRV )HUWLOL]DQWHV4XtPLFRV ,QRFXODQWHV0LFURELROyJLFRV $JURWy[LFR %LRFLGD 3HVWLFLGD 3UDJXLFLGD &RUUHWLYRV$JUtFRODV )HUWLOL]DQWHV2UJkQLFRV )HUWLOL]DQWHV4XtPLFRV ,QRFXODQWHV0LFURELROyJLFRV $JURWy[LFR

%LRFLGD 3HVWLFLGD 3UDJXLFLGD &RUUHWLYRV$JUtFRODV )HUWLOL]DQWHV2UJkQLFRV )HUWLOL]DQWHV4XtPLFRV ,QRFXODQWHV0LFURELROyJLFRV

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



1XWULomR9HJHWDOH )LWRVVDQLGDGH

FRQWLQXDomR

3URGXomR

&RQWUROH 

$JURWy[LFR %LRFLGD 3HVWLFLGD 3UDJXLFLGD &RUUHWLYRV$JUtFRODV )HUWLOL]DQWHV2UJkQLFRV )HUWLOL]DQWHV4XtPLFRV ,QRFXODQWHV0LFURELROyJLFRV 3ODQWDVHVSRQWkQHDV 3ODQWDV GDQLQKDV

3URGXomR$QLPDO

3URGXomR

0DQHMR



&RPSOHPHQWR

=RRWHFQLD $SLFXOWXUD $YLFXOWXUDGH&RUWH $YLFXOWXUDGH3RVWXUD %RYLQRFXOWXUDGHFRUWH %RYLQRFXOWXUDGHOHLWH %XEDOLQRFXOWXUD &DSULQRFXOWXUDGH&RUWH &DSULQRFXOWXUDGH/HLWH &XQLFXOWXUD (TXLQRFXOWXUD 0LQKRFXOWXUD 2YLQRFXOWXUD 6HULFLFXOWXUD 6XLQRFXOWXUD $QLPDLV6LOYHVWUHVRX([yWLFRV 2XWUDVDWLYLGDGHVGDSHFXiULD =RRWHFQLD $SLFXOWXUD $YLFXOWXUDGH&RUWH $YLFXOWXUDGH3RVWXUD %RYLQRFXOWXUDGHFRUWH %RYLQRFXOWXUDGHOHLWH %XEDOLQRFXOWXUD &DSULQRFXOWXUDGH&RUWH &DSULQRFXOWXUDGH/HLWH &XQLFXOWXUD (TXLQRFXOWXUD 0LQKRFXOWXUD 2YLQRFXOWXUD 6HULFLFXOWXUD 6XLQRFXOWXUD $QLPDLV6LOYHVWUHVRX([yWLFRV 2XWUDVDWLYLGDGHVGDSHFXiULD

3URGXomR$TXtFROD

3URGXomR

3LVFLFXOWXUD &DUFLQLFXOWXUD $TLFXOWXUD 5DQLFXOWXUD 2VWUHLFXOWXUD

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



3URGXomR$TXtFROD

FRQWLQXDomR

0DQHMR

&XOWLYR

&RPSOHPHQWR

$OHYLQRV 0LWLOLFXOWXUD 3HFWLQLFXOWXUD 6HPHQWHVGH2VWUDV 6HPHQWHVGH0LWLOtGHRV 6HPHQWHVGH9LHLUDV /DUYDVGH&DPDUmR 3yV/DUYDGH&DPDUmR )DXQDH)ORUD$TXiWLFD $OJLQRFXOWXUD 0DODFRFXOWXUD $PELHQWHV(VWXDULQRV 5HFXUVRVQDWXUDLVDTtFRODV 0DWpULDVSULPDVDTtFRODV 3LVFLFXOWXUD &DUFLQLFXOWXUD $TXLFXOWXUD 5DQLFXOWXUD 2VWUHLFXOWXUD $OHYLQRV 0LWLOLFXOWXUD 3HFWLQLFXOWXUD 6HPHQWHVGH2VWUDV 6HPHQWHVGH0LWLOtGHRV 6HPHQWHVGH9LHLUDV /DUYDVGH&DPDUmR 3yV/DUYDGH&DPDUmR )DXQDH)ORUD$TXiWLFD $OJLQRFXOWXUD 0DODFRFXOWXUD $PELHQWHV(VWXDULQRV 5HFXUVRVQDWXUDLVDTtFRODV 0DWpULDVSULPDVDTtFRODV 3LVFLFXOWXUD &DUFLQLFXOWXUD $TXLFXOWXUD 5DQLFXOWXUD 2VWUHLFXOWXUD $OHYLQRV 0LWLOLFXOWXUD 3HFWLQLFXOWXUD 6HPHQWHVGH2VWUDV 6HPHQWHVGH0LWLOtGHRV 6HPHQWHVGH9LHLUDV /DUYDVGH&DPDUmR 3yV/DUYDGH&DPDUmR )DXQDH)ORUD$TXiWLFD $OJLQRFXOWXUD 0DODFRFXOWXUD $PELHQWHV(VWXDULQRV 5HFXUVRVQDWXUDLVDTtFRODV 0DWpULDVSULPDVDTtFRODV

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR



1XWULomR$QLPDO

2EUDRX6HUYLoR

(QVLODJHP &DSLQHLUDV )RUUDJHQV )HQDomR $JURVWRORJLD 3URGXomRGHUDomR %DODQFHDPHQWRGHUDomR 

1XWULomR$QLPDO 1XWULomRGH(VSpFLHV$TLFRODV 1XWULomR$QLPDO 1XWULomRGH(VSpFLHV$TLFRODV

6LOYLFXOWXUD &ROKHLWD

'HVPDWDPHQWR

([WUDomR

)ORUHVWDPHQWR 5HIORUHVWDPHQWR ,QYHQWiULRIORUHVWDO 0HOKRUDPHQWRIORUHVWDO 'HQGRPHWULD &RQWUROH)LWRVVDQLWiULR)ORUHVWDO 2UGHQDPHQWR)ORUHVWDO $SURYHLWDPHQWR)ORUHVWDO 6LOYLPHWULD 8WLOL]DomRGH)ORUHVWDV %HQHILFLDPHQWR)ORUHVWDO 3UHVHUYDomR)ORUHVWDO 3URGXomR

6HPHDGXUD 3ODQRGH&RUWH 3ODQRGH([SORUDomR 3ODQRGH0DQHMR &XOWLYR

0DQHMR

&XEDJHP 

&RPSOHPHQWR

)ORUHVWDVQDWXUDLV )ORUHVWDVSODQWDGDV )ORUHVWDO )ORUHVWDVQDWXUDLV )ORUHVWDVSODQWDGDV )ORUHVWDO 3URGXWRVPDGHLUHLURV 3URGXWRVQmRPDGHLUHLURV )ORUHVWDO

)ORUHVWDO &DUYmR9HJHWDO 6HPHQWHVH0XGDV)ORUHVWDLV )ORUHVWDVQDWXUDLV )ORUHVWDVSODQWDGDV

6HPHQWHVH0XGDV)ORUHVWDLV )ORUHVWDVQDWXUDLV )ORUHVWDVSODQWDGDV 9LYHLUR)ORUHVWDO +RUWR)ORUHVWDO )ORUHVWDVQDWXUDLV )ORUHVWDVSODQWDGDV +RUWR)ORUHVWDO )ORUHVWDO 0DGHLUD

%LRWHFQRORJLD

0HOKRUDPHQWRJHQpWLFR

(VSpFLHVDQLPDLV (VSpFLHVDTtFRODV

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



%LRWHFQRORJLD

FRQWLQXDomR

&RPSOHPHQWR

(VSpFLHVIORUHVWDLV (VSpFLHVYHJHWDLV 

%LRVVHJXUDQoD 5DVWUHDELOLGDGH &HUWLILFDomR

,QVSHomR

5DVWUHDELOLGDGH

&HUWLILFDomR

&ODVVLILFDomR

&RQWUROHGHTXDOLGDGH



3URGXWRVDQLPDLV 3URGXWRVIORUHVWDLV 3URGXWRV$TXtFRODV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRVIORUHVWDLV 3URGXWRV$TXtFRODV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRVIORUHVWDLV 3URGXWRV$TXtFRODV 3URGXWRVYHJHWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRVIORUHVWDLV 3URGXWRV$TXtFRODV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRVIORUHVWDLV 3URGXWRV$TXtFRODV

,UULJDomRH 'UHQDJHP

,UULJDomR

'UHQDJHP

$VSHUVmR *RWHMDPHQWR 6XOFRV *UDYLGDGH &DQDLV 6XSHUILFLDO 3URIXQGD

+LGURORJLD +LGUiXOLFD &DSWDomRGHÈJXD $GXomR 'LVWULEXLomRGHÈJXD 

%LRGLYHUVLGDGH %LRPDVH (FRVVLVWHPDV

0DQHMR

&ODVVLILFDomR

)ORUD )DXQD %DFLDV+LGURJUiILFDV 0LFUREDFLDV )DXQD6LOYHVWUH %LRPDV (FRVVLVWHPDV7HUUHVWUHV 5LTXH]D%LROyJLFDGRV0DUHV 5HFXUVRV1DWXUDLV5HQRYiYHLV )ORUD )DXQD %DFLDV+LGURJUiILFDV 0LFUREDFLDV

6HomR$

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



%LRGLYHUVLGDGH %LRPDVH (FRVVLVWHPDV

FRQWLQXDomR

8WLOL]DomR

&RQVHUYDomRH3UHVHUYDomR

0RQLWRUDPHQWR

0RGHODJHP



&RPSOHPHQWR

)DXQD6LOYHVWUH %LRPDV (FRVVLVWHPDV7HUUHVWUHV 5LTXH]D%LROyJLFDGRV0DUHV 5HFXUVRV1DWXUDLV5HQRYiYHLV )ORUD )DXQD %DFLDV+LGURJUiILFDV 0LFUREDFLDV )DXQD6LOYHVWUH %LRPDV (FRVVLVWHPDV7HUUHVWUHV 5LTXH]D%LROyJLFDGRV0DUHV 5HFXUVRV1DWXUDLV5HQRYiYHLV )ORUD )DXQD %DFLDV+LGURJUiILFDV 0LFUREDFLDV )DXQD6LOYHVWUH %LRPDV (FRVVLVWHPDV7HUUHVWUHV 5LTXH]D%LROyJLFDGRV0DUHV 5HFXUVRV1DWXUDLV5HQRYiYHLV )ORUD )DXQD %DFLDV+LGURJUiILFDV 0LFUREDFLDV )DXQD6LOYHVWUH %LRPDV (FRVVLVWHPDV7HUUHVWUHV 5LTXH]D%LROyJLFDGRV0DUHV 5HFXUVRV1DWXUDLV5HQRYiYHLV &UHVFLPHQWR9HJHWDO 3URGXomR9HJHWDO 3URGXomR$QLPDO

0HFDQL]DomR (TXLSDPHQWR

,PSOHPHQWR

0RWRU

0iTXLQDV

0HFDQL]DomR

$JUtFROD $JURLQGXVWULDLV )ORUHVWDO $TXLFROD $JUtFROD $JURLQGXVWULDLV )ORUHVWDO $TXLFROD $JUtFROD $JURLQGXVWULDO )ORUHVWDO $TXLFROD $JUtFROD $JURLQGXVWULDLV )ORUHVWDO $TXLFROD $JUtFROD $JURLQGXVWULDLV

7$%(/$'(2%5$6(6(59,d26 $JULFXOWXUD3HFXiULD3URGXomR)ORUHVWDO3HVFDH$TLFXOWXUD

6HomR$ ,WHP



ÈUHDVGH$WXDomR

0HFDQL]DomR

2EUDRX6HUYLoR

&RPSOHPHQWR

FRQWLQXDomR )ORUHVWDO $TXLFROD

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



7HFQRORJLDGH 3URGXWRV 7UDQVIRUPDomRH $UPD]HQDPHQWR

2EUDRX6HUYLoR

7HFQRORJLDGH7UDQVIRUPDomR

3DGURQL]DomR

$UPD]HQDPHQWR

%HQHILFLDPHQWR

&ODVVLILFDomR

&RQWUROHGHTXDOLGDGH

'HVWLQDomRGHVXESURGXWRV

'LVWULEXLomR

(PEDODJHP

3UHVHUYDomRHFRQVHUYDomR

&RPSOHPHQWR

$OLPHQWRV /DWLFtQLRV 'HVWLODGRV ÏOHRV $PLGR ÈoXFDU 9LQKRV 3HVFDGR 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



7HFQRORJLDGH 3URGXWRV 7UDQVIRUPDomRH $UPD]HQDPHQWR

FRQWLQXDomR 3URFHVVDPHQWRGDVPDWpULDV SULPDV

'HIHVD6DQLWiULD

6HFDJHPHSUHVHUYDomR

7UDQVSRUWH

&RPSOHPHQWR

3URGXWRVDQLPDLV

3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 3URGXWRVDQLPDLV 3URGXWRV$TXtFRODV 3URGXWRVIORUHVWDLV 3URGXWRVYHJHWDLV 7HFQRORJLDGH)HUPHQWDomR ]LPRWHFQLD %URPDWRORJLD

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ $*5,0(1685$



7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



0HGLomRGH7HUUD

2EUDRX6HUYLoR

3URFHVVDPHQWR

&RPSOHPHQWR

'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVH,QIRUPDo}HV*HRJUiILFDV %DQFRGHGDGRVJHRJUiILFRV 6LVWHPDVGH,QIRUPDo}HV*HRJUiILFDV

&ODVVLILFDomR

'DGRVHLQIRUPDo}HVJHRGpVLFDV 5HGHV*HRGpVLFDV 5HGHV*HRGpVLFDV$OWLPpWULFDV 5HGHV*HRGpVLFDV*UDYLPpWULFDV 5HGHV*HRGpVLFDV3ODQLPpWULFDV 6LVWHPDVGH5HIHUrQFLD*HRGpVLFDV 'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVH,QIRUPDo}HV*HRJUiILFDV %DQFRGHGDGRVJHRJUiILFRV 6LVWHPDVGH,QIRUPDo}HV*HRJUiILFDV

5HFXSHUDomR

$UPD]HQDPHQWR

5HSUHVHQWDomRJUiILFD /HLWXUDHLQWHUSUHWDomR

/HYDQWDPHQWRWRSRJUiILFR

/HYDQWDPHQWREDWLPpWULFR

$HURIRWRJUDPHWULD 6HQVRULDPHQWR5HPRWR )RWRJUDPHWULD *HRSURFHVVDPHQWR *HRUUHIHUHQFLDPHQWR $QiOLVH *HRUUHIHUHQFLDPHQWRDR6LVWHPD *HRGpVLFR%UDVLOHLUR 3/ $XGLWRULDHPOLPLWHVGHXQLGDGHV GHFRQVHUYDomRDPELHQWDO $XGLWRULDHPOLPLWHVGLVWULWDLV PXQLFLSDLVHUHJLRQDLV

'DGRVHLQIRUPDo}HVJHRGpVLFDV 'DGRVH,QIRUPDo}HV*HRJUiILFDV %DQFRGHGDGRVJHRJUiILFRV 'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVHLQIRUPDo}HVJHRGpVLFDV 'DGRVH,QIRUPDo}HV*HRJUiILFDV %DQFRGHGDGRVJHRJUiILFRV 'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVHLQIRUPDo}HVJHRGpVLFDV 'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVHLQIRUPDo}HV*HRJUiILFDV 'DGRVH,QIRUPDo}HV*HRJUiILFDV 'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVHLQIRUPDo}HVJHRGpVLFDV $OWLPpWULFR &DGDVWUDO 3ODQLPpWULFR 3ODQLDOWLPpWULFR 6XEWHUUkQHR GHPLQDV 2FHDQRV /DJRV 5LRV

'DGRVH,QIRUPDo}HV7RSRJUiILFDV 'DGRVHLQIRUPDo}HV*HRJUiILFDV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



0HGLomRGH7HUUD

FRQWLQXDomR &iOFXORGDDOWLWXGHGHHOHPHQWR JHRJUiILFRH[LVWHQWHQDVXSHUItFLH WHUUHVWUH

&RPSOHPHQWR

&iOFXORGDiUHDGHXPDXQLGDGHGH FRQVHUYDomRDPELHQWDO &iOFXORGDORFDOL]DomRGHHOHPHQWR JHRJUiILFRQDVXSHUItFLHWHUUHVWUH 0DSHDPHQWRDPELHQWDOGHiUHDV HPJHUDO )RWRLQWHUSUHWDomR &XEDJHP 3URFHVVDPHQWRGH'DGRVH LQIRUPDFRHVJHRJUiILFDV %DQFRGHGDGRVJHRJUiILFRV )RWRLQWHUSUHWDomR 0DSHDPHQWR *HRUUHIHUHQFLDPHQWRDR6LVWHPD *HRGpVLFR%UDVLOHLUR 3/

0RGHODJHP'LJLWDOGR7HUUHQRHGH (OHYDomR ,PSODQWDomR 5HGHV*HRGpVLFDV 5HGHV*HRGpVLFDV$OWLPpWULFDV 5HGHV*HRGpVLFDV*UDYLPpWULFDV 5HGHV*HRGpVLFDV3ODQLPpWULFDV 6LVWHPDVGH5HIHUrQFLD*HRGpVLFDV 6HQVRULDPHQWRUHPRWR $QiOLVHHVSDFLDOGDUHODomRHQWUH RVGLIHUHQWHVDVSHFWRVJHRJUiILFRV GHXPWHUULWyULR $VWURQRPLDGHFDPSRSRVLomR 6LVWHPDGH,QIRUPDo}HV JHRJUiILFDV6,*

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ $/,0(1726



7$%(/$'(2%5$6(6(59,d26 6HomR & ,WHP 

,QGXVWULDVGH7UDQVIRUPDomR ÈUHDVGH $WXDomR ,QG~VWULD GH $OLPHQWRV

2EUDRX6HUYLoR

,QIUDHVWUXWXUD ,PSODQWDomR 2UJDQL]DomR 3URFHGLPHQWRV ,QGXVWULDOL]DFDR (TXLSDPHQWRV 'LVSRVLWLYRV &RPSRQHQWHV &RQWUROHPHWUROyJLFR %HQHILFLDPHQWR

&RPSOHPHQWR

'ROD\RXW GHDOLPHQWRV

GHSURGXWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

7UDWDPHQWR

0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

3URFHVVDPHQWR

GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

$FRQGLFLRQDPHQWR $UPD]HQDPHQWR

GHDOLPHQWRV GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

3UHVHUYDomR

GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

3URGXomR 6LVWHPDV0pWRGRVH3URFHVVRV )DEULFDFDR 7UDQVIRUPDFDR

SURWHLQDVXQLFHOXODUHV GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

(PEDODJHQV 'HVHQYROYLPHQWRGHQRYRV SURGXWRV *HVWDRHFHUWLILFDFDRGHTXDOLGDGH

&RQWUROH(VWDWtVWLFRGH3URFHVVR 1RUPDWL]DomR &HUWLILFDomRGH4XDOLGDGH

GHDOLPHQWRV GHSURFHVVRVGHIDEULFDomRGH DOLPHQWRV

7$%(/$'(2%5$6(6(59,d26 6HomR & ,WHP 

,QGXVWULDVGH7UDQVIRUPDomR ÈUHDVGH $WXDomR ,QG~VWULD GH $OLPHQWRV

2EUDRX6HUYLoR

&RPSOHPHQWR

FRQWLQXDomR

&RQWUROHGH4XDOLGDGH

GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

&RQILDELOLGDGH

GHDOLPHQWRV 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

5DVWUHDELOLGDGH

,QVSHomR

'HIHVDH9LJLODQFLDVDQLWDULD /RJLVWLFD 0DUNHWLQJ &HUWLILFDomRGH4XDOLGDGH 3URFHVVRV%LRTXtPLFRV

3URGXWRVGHRULJHPYHJHWDO 3URGXWRVGHRULJHP$QLPDO 3URGXWRVDTXtFRODV 3URGXWRVGHRULJHPYHJHWDO 3URGXWRVGHRULJHP$QLPDO 3URGXWRVDTXtFRODV GHDOLPHQWRV

%LRWHFQRORJLD,QGXVWULDO 0DWpULDVSULPDVGH2ULJHP9HJHWDO 0DWpULDVSULPDVGH2ULJHP$QLPDO 0DWpULDVSULPDVGH2ULJHP0LFURELDQD

)LVLFR4XLPLFD 0LFURELROyJLFD 6HQVRULDO 3URJUDPDGHSUHYHQomRGHULVFRV

3HULJR%LROyJLFR

$QiOLVHGHULVFR

3HULJR)tVLFR 3HULJR4XtPLFR 3HULJR%LROyJLFR 3HULJR)tVLFR 3HULJR4XtPLFR

ÈUYRUHGHFLVyULD 3URJUDPDGHJHUHQFLDPHQWR

3RQWRV&UtWLFRVGH&RQWUROH

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ $548,7(785$



7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



3DLVDJLVPR

2EUDRX6HUYLoR

3ODQHMDPHQWRGDSDLVDJHP 5RoDGD 5HFXSHUDomR9HJHWDO 3RGD (QOHLYDPHQWR +LGURVVHPHDGXUD ,PSODQWDomR

&RQVHUYDomR

3DLVDJLVPR

$UTXLWHWXUD3DLVDJtVWLFD

&RPSRVLomRGDYHJHWDomR

&RPSRVLomRGHHOHPHQWRV FRQVWUXWLYRV &RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV /XPLQRWpFQLFD 3ODQRGHPDVVD 3ODQRGHDUERUL]DomR &RPSRVLomRGDSDLVDJHP 

&RPSOHPHQWR

%RVTXHV $UERUL]DomRXUEDQD 3DUTXHV %RVTXHV $UERUL]DomRXUEDQD 3DUTXHV 3DUTXHV -DUGLQV 3UDoDV 2XWURV(VSDoRV $FHVVRVH3DVVHLRV $UERUL]DomRXUEDQD 3DUTXHV -DUGLQV 3UDoDV 2XWURV(VSDoRV $FHVVRVH3DVVHLRV 3DUTXHV -DUGLQV 3UDoDV 2XWURV(VSDoRV $FHVVRVH3DVVHLRV 9LDVGH&LUFXODomR

$UTXLWHWXUDGH ,QWHULRUHV

$UTXLWHWXUDGH,QWHULRUHV $UUDQMRItVLFR OD\RXW 'HFRUDomR ,QVWDODomR3URYLVyULD /XPLQRWpFQLFD 'HWDOKDPHQWR

&RPXQLFDomRYLVXDO

(GLILFDomR

0RELOLiULR (TXLSDPHQWR 3DUHGH 3LVR 7HWR (VTXDGULDV 'LYLVyULD )RUUR /RMD

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



$UTXLWHWXUDGH ,QWHULRUHV

FRQWLQXDomR

&RPSOHPHQWR

&RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV



0RELOLiULR 0RELOLiULR 0RELOLiULR8UEDQR (TXLSDPHQWR8UEDQR (TXLSDPHQWR



3DWULP{QLR&XOWXUDO

&RQVHUYDomR$UTXLWHW{QLFD 3UHVHUYDomR$UTXLWHW{QLFD 5HDELOLWDomR 5HYLWDOL]DomR 5HFRQVWUXomR 5HVWDXUDomR 5HXWLOL]DomR &RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV ,QYHQWiULR



&LGDGHWRPEDGD

&RQMXQWRGHHGLILFDo}HVWRPEDGR (GLILFDomRWRPEDGD 0RQXPHQWR 6tWLRKLVWyULFR

0DWHULDLV 3DWRORJLDGDFRQWUXomR 5HVLVWrQFLDGRVPDWHULDLV 6LVWHPDV0HWRGRV3URFHVVRV 7HFQRORJLDH,QGXVWULDOL]DomR



8UEDQLVPR 8UEDQtVWLFR 5HJLRQDO 7HUULWRULDO 3DUFHODPHQWRGH6ROR

/RFDomR

3ODQR'LUHWRU $VVHQWDPHQWRVKXPDQRV

/RWHDPHQWR &RQGRPtQLR -DUGLQV -DUGLQV3~EOLFRV 'HVPHPEUDPHQWR 5HPHPEUDPHQWR $UUXDPHQWR 'LYLVmRGH&KiFDUDV 'LYLVmRGHVtWLRV (VSDoR8UEDQR (VSDoR0HWURSROLWDQR (VSDoR5HJLRQDO $JURYLODV ÈUHDVXUEDQDV ÈUHDVUXUDLV

5HDELOLWDomR  5HYLWDOL]DUUHTXDOLILFDU

&RPXQLFDomRYLVXDO ,QYHQWiULR8UEDQR

'HOLPLWDomRGHUHJL}HV &DUDFWHUL]DomRGHUHJL}HV 'HOLPLWDomRGHVXEUHJL}HV &DUDFWHUL]DomRGHVXEUHJL}HV

,QYHQWiULR5HJLRQDO

(VWUXWXUDomRGR6LVWHPDGH&LUFXODomR

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



8UEDQLVPR



2EUDRX6HUYLoR

FRQWLQXDomR 'HVHQYROYLPHQWR8UEDQR 'HVHQYROYLPHQWR5HJLRQDO 'HVHQKRXUEDQR &RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV

&RPSOHPHQWR

3UHVHUYDomRGHUHFXUVRV1DWXUDLV 1~FOHR8UEDQR 1~FOHR5HJLRQDO 6LVWHPDV0HWRGRV3URFHVVRV 7HFQRORJLDH,QGXVWULDOL]DomR

(UJRQRPLD (UJRQRPLD 3RVWRGH7UDEDOKR &RQGLo}HVDPELHQWDLVGHWUDEDOKR

&DUDFWHUL]DomRSVLFRILROyJLFD 5LVFRVGH$FLGHQWHV 3UHYHQomRGH5LVFRVGH$FLGHQWHV

GR3URGXWR GR3URFHVVR

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ &216758d­2&,9,/



7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR



6DQHDPHQWR

2EUDRX6HUYLoR

&ODVVLILFDomR

&ROHWD

'HVWLQDomR

7UDQVSRUWH

&RPSOHPHQWR

5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD (IOXHQWHVGRPLFLOLDUHV 5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO (IOXHQWHV'RPLFLOLDUHV (IOXHQWHV,QGXVWULDLV (IOXHQWHVGH6D~GH (IOXHQWHV+RVSLWDODUHV (IOXHQWHV$JUtFRODV (IOXHQWHV)ORUHVWDLV $JURWy[LFRV 5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD (IOXHQWHVGRPLFLOLDUHV 5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO (IOXHQWHV'RPLFLOLDUHV (IOXHQWHV,QGXVWULDLV (IOXHQWHVGH6D~GH (IOXHQWHV$JUtFRODV (IOXHQWHV)ORUHVWDLV $JURWy[LFRV 5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD (IOXHQWHVGRPLFLOLDUHV 5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO (IOXHQWHV'RPLFLOLDUHV (IOXHQWHV,QGXVWULDLV (IOXHQWHVGH6D~GH (IOXHQWHV+RVSLWDODUHV (IOXHQWHV$JUtFRODV (IOXHQWHV)ORUHVWDLV $JURWy[LFRV 5HMHLWRVH5HVtGXRV5XUDLV 5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD (IOXHQWHVGRPLFLOLDUHV 5HVtGXRV,QGXVWULDLV

7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6DQHDPHQWR

FRQWLQXDomR

7UDWDPHQWR

$WHUUR

&RPSOHPHQWR

5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO (IOXHQWHV'RPLFLOLDUHV (IOXHQWHV,QGXVWULDLV (IOXHQWHVGH6D~GH (IOXHQWHVKRVSLWDODUHV (IOXHQWHV$JUtFRODV (IOXHQWHV)ORUHVWDLV $JURWy[LFRV 3URGXWRVTXtPLFRVSHULJRVRV 3URGXWRVTXtPLFRVLQIODPiYHLV 3URGXWRVTXtPLFRVFRUURVLYRV 5HVtGXRVH(IOXHQWHV 5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD 5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO (IOXHQWHV'RPLFLOLDUHV (IOXHQWHV,QGXVWULDLV (IOXHQWHVGH6D~GH (IOXHQWHVKRVSLWDODUHV (IOXHQWHV$JUtFRODV (IOXHQWHV)ORUHVWDLV $JURWy[LFRV 5HVtGXRV'RPLFLOLDUHV 5HVtGXRVGH/LPSH]D8UEDQD 5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV+RVSLWDODUHV 5HVtGXRV$JUtFRODV 5HVtGXRV)ORUHVWDLV 5HVtGXRVGD&RQVWUXomR&LYLO

3URJUDPDGHJHUHQFLDPHQWRGH UHVLGXRVVROLGRV 5HXVR 5HFLFODJHP  ÈJXD 5HVtGXRV'RPLFLOLDUHVRXGH/LPSH]D 8UEDQD

HTXLSDPHQWRV

5HVtGXRV,QGXVWULDLV 5HVtGXRVGH6D~GH 5HVtGXRV$JUtFRODRX)ORUHVWDO 5HVtGXRVGD&RQVWUXomR&LYLO $JURWy[LFRV &ROHWDWUDQVSRUWHHFODVVLILFDFDRGH UHVtGXRV

7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6DQHDPHQWR

FRQWLQXDomR

&RPSOHPHQWR

ÈJXDV (VJRWRV ÈJXDVUHVLGXDULDV 5HMHLWRVHUHVtGXRVXUEDQRVLQGXVWULDLV KRVSLWDODUHVUXUDLVUDGLRDWLYRVH QXFOHDUHV $WHUURVDQLWiULR FDUJDVSHULJRVDV 6LVWHPDVHHVWDo}HVGH 7UDWDPHQWR

ÈJXD

(VJRWR ÈJXDVUHVLGXiULDV 5HMHLWRVHUHVLGXRVGRPLFLOLDUHV 5HMHLWRVHUHVtGXRVLQGXVWULDLV 5HMHLWRVHUHVtGXRVGD6D~GH 5HMHLWRVHUHVtGXRV$JUtFRODRX)ORUHVWDO 5HMHLWRVHUHVtGXRVUDGLRDWLYRVH QXFOHDUHV 7UDQVPLVVRUHVGH'RHQoDV 5DGLRSURWHomR

(PLVViULR6XEPDULQR /DJRDGHHVWDELOL]DomR 5HGHGHiJXDVSOXYLDLV 5HGHGHHVJRWR 5HGHGHiJXD 5HGHGH+LGUDQWHV $GXWRUD &DSWDomR6XEWHUUkQHDGHÈJXD &DSWDomR6XSHUILFLDOGHÈJXD +LGUiXOLFDV 0DFURPHGLomR 3LWRPHWULD 5HGH+LGURVDQLWiULD 6XPLGRXUR %RFDGHORER %XHLUR &DQDO 'HVFLGDGiJXD 'UHQDJHP 'UHQR *DOHULD 0HLRILR 6DUMHWD 9DOD 7DQTXHRXUHVHUYDWyULRHP FRQFUHWR 7DQTXHRXUHVHUYDWyULRHPPHWDO 7DQTXHRXUHVHUYDWyULRHP 0DWHULDO6LQWpWLFR

(PHGLILFDo}HV

7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR



6DQHDPHQWR

2EUDRX6HUYLoR

&RPSOHPHQWR

FRQWLQXDomR 7DQTXHRXUHVHUYDWyULRHP PDWHULDOQmRUHODFLRQDGR HVSHFLILFDU

&DL[DGHOLJDomR &LVWHUQD &DL[D&ROHWRUD &DL[DGH*RUGXUD )RVVDV6HSWLFDV &RUWHGHUDPDOGHOLJDomR )LOWUR 3RoRGHYLVLWD 5DPDOGHOLJDomR /LPSH]DXUEDQD &RWUROH &RQWUROH &RQWUROH &RQWUROH TXDOLGDGHGDDJXD EDFWHULROyJLFD ILVLFRTXtPLFD TXDOLGDGHGRDU )ORWDomR )OXRUHWDomR HSLGHPLROyJLFRV 7HFQRORJLDGRV3URGXWRV4XtPLFRV H%LRTXtPLFRV$SOLFDGRVD (QJHQKDULD6DQLWiULD 5HPHGLDomRGH6RORV 

OL[RGRPHVWLFR 9HWRUHV 6DQLWiULRGR$PELHQWH 6DQLWiULRGD3ROXLomR

GDiJXD GDiJXD

+LJLHQHGR DPELHQWH

$VVHQWDPHQWRVKXPDQRV 5HTXDOLILFDomR $YDOLDomRSyVRFXSDomR 7UDoDGRGH&LGDGH 'HVHQKRXUEDQR

ÈUHDVXUEDQDV ÈUHDVUXUDLV

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR



,QIUDHVWUXWXUD 7HUULWRULDO

2EUDRX6HUYLoR

2UGHQDPHQWR7HUULWRULDO $JURVVLOYLSDVWRULO 3DUFHODPHQWRGH6ROR

/RFDomR

5HWLILFDomRGHiUHDV 3ODQR'LUHWRU (VFDYDFDRSDUDREUDVGH HQJHQKDULD 'XWRV (QYHORSDPHQWRGHGXWRV 1LYHODPHQWR 0RYLPHQWRGH7HUUD

5HFDSHDPHQWR

3DYLPHQWDFDR

3ODQRVGH,QWHUYHQomR

*HVWmR7HUULWRULDO $VVHQWDPHQWRVKXPDQRV 5HTXDOLILFDomR $YDOLDomRSyVRFXSDomR

&RPSOHPHQWR

/RWHDPHQWRUXUDO /RWHDPHQWR 'HVPHPEUDPHQWR 5HPHPEUDPHQWR 'HPDUFDomR $UUXDPHQWR $GXWRUDVHSRoRV (VWUDGDV /LQKDVGHWUDQVPLVVmR 6LVWHPDGHLUULJDomR 6LVWHPDGHVDQHDPHQWR 'HPDUFDomR /RWHDPHQWRUXUDO /RWHDPHQWR 'HVPHPEUDPHQWR 5HPHPEUDPHQWR 'HPDUFDomR $UUXDPHQWR $GXWRUDVHSRoRV (VWUDGDV /LQKDVGHWUDQVPLVVmR 6LVWHPDGHLUULJDomR 6LVWHPDGHVDQHDPHQWR

&RUWH $WHUURFRPSDFWDGR DWHUURPHFkQLFR 7HUUDSODQDJHP HVWUDGDV URGRYLDV SLVWDV DVIiOWLFD HPFRQFUHWR HPSHGUD HPODMRWDV HPSDUDOHOHStSHGRV (VSDoR8UEDQR (VSDoR0HWURSROLWDQR (VSDoR5HJLRQDO ÈUHDVXUEDQDV ÈUHDVUXUDLV

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



,QIUDHVWUXWXUD 7HUULWRULDO

FRQWLQXDomR

&RPSOHPHQWR

7UDoDGRGH&LGDGH 'HVHQKRXUEDQR 

(GLILFDo}HV (GLILFDomRGHPDGHLUD

&HUFD *DOSmR 3RQWHGHPDGHLUD 6LOR 7RUUHGHPDGHLUD 2XWUDVFRQVWUXo}HVHLQVWDODo}HVUXUDLV

(GLILFDomRGHDOYHQDULD

&XUUDO &HUFD *DOSmR 6LOR 2XWUDVFRQVWUXo}HVHLQVWDODo}HVUXUDLV

(GLILFDomRPHWiOLFD

&XUUDO *DOSmR 2XWUDVFRQVWUXo}HVHLQVWDODo}HVUXUDLV

(GLILFDomRGHPDWHULDLVPLVWRV

&XUUDO *DOSmR 2XWUDVFRQVWUXo}HVHLQVWDODo}HVUXUDLV

&XUUDO (VWUXWXUD 6LVWHPDV9LiULRVSDUDILQV$JUtFRODV (VWUDGDUXUDO

(QWUHSRVWRSHVTXHLUR %LRGLJHVWRU GH$UTXLWHWXUD

(GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWU{ (VWDomRGH/LQKD)HUURYLiULD

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(GLILFDo}HV

FRQWLQXDomR 'HPROLomR

&RPSOHPHQWR

(VWDomRURGRYLiULD (GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWUR (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD 5HPRomRGH(QWXOKR 0DQXWHQomRSUHGLDO

(GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQVHUYDomRSUHGLDO

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWU{ (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD (GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(GLILFDo}HV

FRQWLQXDomR

5HIRUPD

&RPSOHPHQWR &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWU{ (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD (GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

5HIRUPDFRPDPSOLDomR

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWU{ (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD (GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWRV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(GLILFDo}HV

FRQWLQXDomR

)DFKDGD

&RPSOHPHQWR

GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWUR (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD (GLItFLRV&RPSOH[RV &RQMXQWRVDUTXLWHW{QLFRVGHPDGHLUD &RQMXQWRVDUTXLWHW{QLFRVGHDOYHQDULD

&RQMXQWRVDUTXLWHW{QLFRVGHPHWDO &RQMXQWRVDUTXLWHW{QLFRVGHPDWHULDLV PLVWRV (GLILFDomRGHDOYHQDULD (GLILFDomRGHPDGHLUD (GLILFDomRGHPHWDO (GLILFDomRGHPDWHULDLVPLVWDV (GLILFDomRSUpIDEULFDGD (GLILFDomRSUpPROGDGD GH3RQWHV GH0RQXPHQWRV $HURSRUWR $WUDFDGRXUR 3RUWR 3DVVDUHOD (VWDomRGH0HWU{ (VWDomRGH/LQKD)HUURYLiULD (VWDomRURGRYLiULD 'HWDOKDPHQWRGHUHYHVWLPHQWRV ,PSHUPHDELOL]DomR $UTXLWHWXUDHIrPHUD

&RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV /RFDomR

(GLILFDomR3URYLVyULD ,QVWDODomR3URYLVyULD 7DSXPH %DUUDFmR 6WDQG $UTXLEDQFDGD 6LOR &DQWHLURGHREUD *DOSmR

(VWUXWXUDV 2EUDVFLYLV 'XWRV )HUURYLDV ,UULJDomR 3iWLRV 3LVWDV 3DYLPHQWDomR

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(GLILFDo}HV

FRQWLQXDomR

0RQLWRUDPHQWR

7UDoDGRGHFLGDGHV $FRVWDPHQWR (GLILFDomR

&RPSOHPHQWR

6LVWHPDVGH$EDVWHFLPHQWRGHiJXD 6LVWHPDVGHVDQHDPHQWR 9LDV 'UHQDJHP 2EUDVGH7HUUD 7HUUDSOHQDJHP &RPSDFWDomR HVWUDGD (VWUXWXUDV 2EUDVFLYLV 'XWRV )HUURYLDV ,UULJDomR 3iWLRV 3LVWDV 5RGRYLDV 6LVWHPDVGH$EDVWHFLPHQWRGHiJXD 6LVWHPDVGHVDQHDPHQWR 9LDV WRSRJUiILFRGHJUDQGHVHVWUXWXUDV GDGLQkPLFDSRSXODFLRQDO SURFHVVRVHURVLYRV VLWXDomRKLGUROyJLFDGHEDFLDV KLGURJUiILFDV

0DGHLUD $OYHQDULD 0HWDOLFD 0DWHULDLV0LVWRV 3URYLVyULDV SUpIDEULFDGD SUpPROGDGD

'HPROLomR 5HPRomRGH(QWXOKR XVLQDGHDVIDOWR XVLQDKLGUHOpWULFD 5HIRUPD 5HIRUPDFRPDPSOLDomR ,PSHUPHDELOL]DomR FDVDGHIRUFD FHQWUDLVGHFRQFUHWR 6LVWHPDGHGHVSRHLUDPHQWR 4XLRVTXH 6WDQG 

,QVWDODo}HV (OHWULILFDomRUXUDO (OpWULFDGHEDL[DWHQVmR 5HGHGHJiV GHUHGHOyJLFD

(PHGLILFDo}HV (PYLDVXUEDQDV

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR



,QVWDODo}HV

2EUDRX6HUYLoR

&RPSOHPHQWR

FRQWLQXDomR GHYDSRU WHOHI{QLFD DWHUUDPHQWR &HQWUDOGHJiV ,QGLYLGXDOL]DomRGHPHGLGRUHVGH iJXD ,QVWDODomRGHJiV ,QVWDODomRGHYDSRUHDYiFXR ,QVWDODomRGHUHGHOyJLFD ,QVWDODomRHOpWULFDGHEDL[DWHQVmR

,QVWDODomRKLGUiXOLFD ,QVWDODomRSOXYLDO ,QVWDODomRVDQLWiULD ,QVWDODomRWHOHI{QLFD ,QVWDODomRGH5HGH/yJLFD /LJDomRGHiJXD /LJDomRGHHQHUJLDHOpWULFD /LJDomRGHHVJRWR 6LVWHPDGH3UHYHQomRH&RPEDWHD ,QFrQGLR +LGUDQWHV ([WLQWRUHV ,QVWDODomRGHPHGLGRUHVGHiJXD 6LVWHPDGH3URWHFDRFRQWUD 'HVFDUJDV$WPRVIpULFDV



*HRWHFQLD 7HUUDoR &XUVRVGHiJXD 6LVWHPDWL]DomRGH7HUUDV 0XURGH$UULPR 0XURGH&RQWHQomR 1LYHODPHQWR 7HUUDSODQDJHP 6RQGDJHQV 3HUFRODFDR 3URVSHFomR*HRWpFQLFD %DUUDJHPGHWHUUD

&RQWHQo}HV

0XURGH$UULPR *DEL}HV 0XUR 7HUUDDUPDGD &RWLQDDWLUDQWDGD

GHWHUUD GH&RQFUHWR GHPDWHULDO0LVWRHRXHVSHFLDO 0XURGH$UULPR *DEL}HV 0XUR 7HUUDDUPDGD &RWLQDDWLUDQWDGD

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR



*HRWHFQLD

2EUDRX6HUYLoR

FRQWLQXDomR 'LTXHV $oXGHV 3RoRV (VFRUDPHQWR (VWDELOL]DomR (QVHFDGHLUDV 0RYLPHQWRGHVRORVHURFKDV &DYHUQD 7HUUDSODQDJHP 5HEDL[DPHQWR $WHUUR 5HDWHUUR

&RPSOHPHQWR

7DOXGH

'HVROR

&RPSDFWDomRGHDWHUURHRXEDVH

$EHUWXUDGHYDODV 'HIHQVD 'LTXH 'UDJDJHP (QURFDPHQWR 2EUDVGHSURWHomRGHHQFRVWDV 5HWLILFDomRGHULRVHFDQDLV (VFDYDomRHPURFKDPHFDQL]DGD (VFDYDomRHPURFKDFRPXVRGH H[SORVLYRV (VFDYDomRHPWHUUD 



6LVWHPDV &RQVWUXWLYRV

6LVWHPD&RQVWUXWLYR

HPFRQFUHWRDUPDGR (PDOYHQDULD HPPHWiOLFR HPPDGHLUD HPEDPEX HPWDLSD HPDUJDPDVVDDUPDGD HPSHGUD HPSUpPROGDGRV HPPDWHULDLVVLQWpWLFRV RXWURVPDWHULDLV

(VWUXWXUD

$oR $OXPtQLR $OYHQDULD$XWRSRUWDQWH &RQFUHWR&LFOySLFR &RQFUHWR$UPDGR &RQFUHWR3URWHQGLGR 0DGHLUD 0LVWD $OXPLQLR 2XWURV0DWHULDLV $OYHQDULD$XWRSRUWDQWH

6LVWHPDV (VWUXWXUDLV

(VWUXWXUD3Up0ROGDGD

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6LVWHPDV (VWUXWXUDLV

FRQWLQXDomR

(VWUXWXUD3Up)DEULFDGD

)XQGDo}HV6XSHUILFLDLV

)XQGDo}HV

/DMHV

3LODUHV

9LJDV

&RPSOHPHQWR

&RQFUHWR&LFOySLFR &RQFUHWR$UPDGR &RQFUHWR3URWHQGLGR 0LVWD $OXPtQLR 2XWURV0DWHULDLV $oR $OXPtQLRWXEXODU $OYHQDULD$XWRSRUWDQWH &RQFUHWR&LFOySLFR &RQFUHWR$UPDGR &RQFUHWR3URWHQGLGR 0DGHLUD 0LVWD $OXPLQtR 2XWURV0DWHULDLV 6DSDWD %ORFR 6DSDWDDVVRFLDGD 5DGLHU 9LJDGHIXQGDomR (VWDFD 7XEXOmR &DL[mR (VWDFDFUDYDGD &RQFUHWR &RQFUHWRDUPDGR &RQFUHWR8VLQDGR 2XWURVPDWHULDLV 3Up0ROGDGD &RQFUHWR &RQFUHWRDUPDGR &RQFUHWR8VLQDGR 0DGHLUD 0HWDO 2XWURVPDWHULDLV &RQFUHWR &RQFUHWRDUPDGR FRQFUHWR HVWUXWXUDO &RQFUHWR8VLQDGR 2XWURVPDWHULDLV 0DGHLUD 0HWDO

$QGDLPHV $OYHQDULD $OYHQDULD(VWUXWXUDO $OYHQDULD$XWRSRUWDQWH $UWHIDWRVGH&RQFHWR HPREUDVGHFRQVWUXomRFLYLO &REHUWXUDGHJUDQGHVYmRV )RUPDV

0DGHLUD

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6LVWHPDV (VWUXWXUDLV

FRQWLQXDomR

&RPSOHPHQWR

0HWDOLFD 2XWURV0DWHULDLV 

&RQIRUWR $PELHQWDO &RPSDWLELOL]DomRGDVDWLYLGDGHV PXOWLGLVFLSOLQDUHV 7UDWDPHQWRHUJRQ{PLFR 7UDWDPHQWRFOLPiWLFR

7UDWDPHQWRDF~VWLFR 7UDWDPHQWROXPtQLFR &RQWUROHDF~VWLFR &RQWUROHOXPtQLFR &RQWUROH&OLPiWLFR (ILFLrQFLD(QHUJpWLFD 

0DWHULDLV

'RVDJHP

)RUQHFLPHQWR

&RQWUROH7HFQROyJLFR

(QVDLRVGHVWUXWLYRV (QVDLRVQmRGHVWUXWLYRV 3DWRORJLDGRVPDWHULDLV 3DWRORJLDGDVFRQVWUXo}HV 5HFXSHUDomRGDVFRQVWUXo}HV ,PSHUPHDELOL]DomR 

2EUDVGH$UWH (VSHFLDLV

7~QHLV 9LDGXWRV 3RQWHV 3DVVDUHODV 

0RELOLiULR (GLILFDomR &LGDGH (GLILFDomR &LGDGH (GLILFDomR &LGDGH (GLILFDomR &LGDGH (GLILFDomR &LGDGH (GLILFDomR &LGDGH (GLILFDomR &LGDGH

7UDQVSRUWH &LFORYLDV 5RGRYLDV )HUURYLDV +LGURYLDV

&RQFUHWRXVLQDGR &RQFUHWRXVLQDGR $UJDPDVVD &RQFUHWR &RQFUHWRXVLQDGR &RQFUHWRXVLQDGR $UJDPDVVD &RQFUHWR &RQFUHWRXVLQDGR &RQFUHWRXVLQDGR $UJDPDVVD &RQFUHWR

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR



7UDQVSRUWH

2EUDRX6HUYLoR

FRQWLQXDomR 0HWURYLDV $HURYLDV DHURSRUWR +HOLSRUWRV 7HUPLQDLV0RGDLV 7HUPLQDLV0XOWLPRGDLV 6LQDOL]DomRYHUWLFDO

6LQDOL]DomRKRUL]RQWDO

(VWUDGDGH5RGDJHP 7UiIHJR

$QHLV9LDULRV 7UDQVSRUWHGHVHGLPHQWRV /RJLVWLFD 6LVWHPD9LiULR 6LVWHPDGHWUkQVLWR 6LQDOL]DomR 3ODQR'LUHWRUGH7UDQVSRUWHV 7UDIHJRS~EOLFR 7UkQVLWR 6LQDOL]DomRYHUWLFDO 6LQDOL]DomRKRUL]RQWDO 

&RPSOHPHQWR

5RGRYLDV )HUURYLDV +LGURYLDV 0HWURYLDV $HURYLDV +HOLSRUWRV 5RGRYLDV )HUURYLDV +LGURYLDV 0HWURYLDV $HURYLDV +HOLSRUWRV )HUURYLDULR 5RGRYLDULR 0HWURYLDULR +LGURYLDULR

8UEDQR 5HJLRQDO 8UEDQR 5HJLRQDO VLVWHPDGHFLUFXODomR

2EUDV+LGUiXOLFDV H5HFXUVRV +tGULFRV 'ROILQVRX'XTXHV 3ODWDIRUPDV $WUDFDGRXUR 2EUDVVXEPDULQDV &DQDLV (FOXVD %DUUDJHQV &RPSRUWDV +LGURPHWULD 7UDQVLHQWH+LGUiXOLFR 3RUWRV

GHWHUUD GHHQURFDPQWR

7$%(/$'(2%5$6(6(59,d26 &RQVWUXomR

6HomR) ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



2EUDV+LGUiXOLFDV H5HFXUVRV +tGULFRV

FRQWLQXDomR

DFXGHV 3LHU 9HUWHGRXURV 'LTXHV $GXomRGHiJXD $GXWRUD &DSWDomRGHiJXD 7HUPLQDLV

&RPSOHPHQWR

,QGXVWULDO 'RPpVWLFD 0DUtWLPRV 3HVTXHLUR 6DOLQHLUR

'LVWULEXLomRGHiJXD (VWDomRHOHYDWyULD (VWDomRWUDWDPHQWRGHiJXD 5HGHGHiJXD 5HVHUYDomRGHiJXD (QVDLRGH2QGDV 6LVWHPDGHDEDVWHFLPHQWRGHiJXD

'LVVLSDGRUGH&DQDLV ,QYHQWiULRGHEDFLDV 3ODQRGH&RQWHQomRGHHQFKHQWHV HLQXQGDFRHV 5HJXODUL]DomRGH9D]mR &RQWUROHGDSRWHQFLDOLGDGHGDiJXD



3URSDJDFDRGH(QFKHQWHVH ,QXQGDo}HV 3UHYLVDRGH(QFKHQWHVH ,QXQGDo}HV 7UDWDPHQWRGHiJXD ,QIUDHVWUXWXUD3RUWXiULDH,QGXVWULDO GLTXHV 3RUWDEDWpLV3ODWDIRUPDV2FHkQLFDV&RQVWUXomR 1DYDO ,QIUDHVWUXWXUD ,QVWDODo}HV (TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV

7$%(/$'(2%5$6(6(59,d26 6HomR 0

$WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

,WHP

ÈUHDVGH$WXDomR



+LGURJHRORJLDH +LGURWHFQLD

2EUDRX6HUYLoR

&RPSOHPHQWR

&DUDFWHUL]DomRGHDTXtIHUR &RPSOHWDomRGHSRoRWXEXODU &RQVWUXomRGHSRoRWXEXODU &RQWDPLQDomRGHDTXtIHUR (QVDLRGHERPEHDPHQWRGHSRoR WXEXODU *HVWmRGHDTXtIHUR +LGUiXOLFDGHSRoRWXEXODU +LGURGLQkPLFDGHDTXtIHUR +LGURJHRTXtPLFD /LPSH]DGHSRoRWXEXODU /RFDomRGHSRoR GHPRQLWRUDPHQWR WXEXODU 0HGLGDGHYD]mRGHSRoRWXEXODU

0RGHODJHPGHDTXtIHUR 0RQLWRUDPHQWRGHDTXtIHUR (VWXGRKLGURJHROyJLFR 3HUILOFRQVWUXWLYR 3HUILOJHROyJLFR 3HUIXUDomRGHSRoR 4XDOLGDGHGDiJXDGHDTXtIHUR 5HEDL[DPHQWRGROHQoROIUHiWLFR 5HPHGLDomRGHDTXtIHUR =RQDGHSURWHomR

GHSRoRWXEXODU GHSRoRWXEXODU GHPRQLWRUDPHQWR WXEXODU

GHDTXtIHUR GHSRoRWXEXODU

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ (/(75,&$



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



(TXLSDPHQWRV(OHWUR HOHWU{QLFRV

2EUDRX6HUYLoR

(TXLSDPHQWR(OHWURHOHWU{QLFR

(TXLSDPHQWRV2SWLFRV 'LVSRVLWLYRV(OHWURHOHWU{QLFRV &RPSRQHQWHV(OHWURHOHWU{QLFRV 'HWHFWRU

&RPSOHPHQWR

)LQVGRPpVWLFRV )LQVLQGXVWULDLV )LQVFRPHUFLDLV GH/DERUDWyULR

,QFrQGLR 3UHVHQoD

$ODUPH &HWUDOGH$ODUPH 5DGDU (TXLSDPHQWRGH6LQDOL]DomR (OHWU{QLFD 

(OHWU{QLFDH &RPXQLFDomR

(OHWU{QLFD

&LUFXLWRV(OHWU{QLFRV 6RQRUL]DomR 7HOHIRQLD

&HQWUDO7HOHI{QLFD ,QWHUIRQH 3RUWHLUR(OHWU{QLFR &LUFXLWR)HFKDGRGH79 5HGH/yJLFD 5HGH7HOHI{QLFD

$UPiULRVGH7HOHIRQLD 4XDGURGHGLVWULEXLomRWHOHI{QLFD &DEHDPHQWR(VWUXWXUDGR )LEUDÏSWLFD 6HJXUDQoD(OHWU{QLFD 0RGHUQL]DFDR(OHWU{QLFD 3DLQHO(OHWU{QLFR

$QDOyJLFD 'LJLWDO GH3RWrQFLD $QDOyJLFRV 'LJLWDLV )L[D 0yYHO 92,3

3ULPiULD 6HFXQGiULD 5HVLGHQFLDO &RPHUFDO

5HPRWD

6LVWHPDV(OHWU{QLFRV(PEDUFDGRV 6LVWHPDV$YLRQLFRV'LJLWDLV ,QWHJUDGRV &RQWUROH$XWRPDWLFRGH9{R (TXLSDPHQWRGH&RPXQLFDomR

5DGLR

(TXLSDPHQWRGH7HOHFRPXQLFDomR 7HOHYLVmR

9tGHR

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(OHWU{QLFDH &RPXQLFDomR

FRQWLQXDomR

7XEXODFDR

&DEODJHP

$V%XLOW

,OXPLQDFDR&rQLFD 0DWHULDLV(OHWU{QLFRV 0HGLFDR(OHWU{QLFD 1DQRWHFQRORJLD &RQWUROH(OHWU{QLFR

&RPSOHPHQWR

SDUD7HOHIRQLD 3DUD3RUWHLUR(OHWU{QLFR 3DUD,QWHUIRQH SDUD&LUFXLWR)HFKDGRGH79 SDUD6LVWHPDGH6HJXUDQoD SDUD6LVWHPDGH&RPXQLFDomR SDUD5HGHV7HOHI{QLFDV SDUD7HOHIRQLD 3DUD3RUWHLUR(OHWURQLFR 3DUD,QWHUIRQH SDUD&LUFXLWR)HFKDGRGH79 SDUD6LVWHPDGH6HJXUDQoD SDUD6LVWHPDGH&RPXQLFDomR SDUD5HGHV7HOHI{QLFDV 5HGH/yJLFD ,QVWDODomRWHOHI{QLFD 5HGH(VWUXWXUDGD &LUFXLWR)HFKDGRGH79 6LVWHPDGH$ODUPH

7$%(/$'(2%5$6(6(59,d26 (OHWULFLGDGH*iVH2XWURV

6HomR' ,WHP

ÈUHDVGH$WXDomR



5HFXVRV(QHUJpWLFRV

2EUDRX6HUYLoR

)RQWHVGH(QHUJLD

&RPSOHPHQWR

7UDGLFLRQDLV $OWHUQDWLYDV 5HQRYiYHLV

,PSDFWRV$PELHQWDLV(QHUJHWLFRV

6LVWHPDVH0pWRGRV 3URGXomRGHHQHUJLD

&RQVHUYDomRGHHQHUJLD

7UDQVIRUPDomRGHHQHUJLD

8QLGDGHJHUDGRUDGHHQHUJLD 'LDJQyVWLFR(QHUJpWLFR (ILFLHQWL]DomRGH6LVWHPDV (QHUJpWLFRV %LRGLJHVWRUUXUDO )RQWHVGH(QHUJLD7UDGLFLRQDLV $OWHUQDWLYDVH5HQRYiYHLV 'LDJQRVWLFR(QHUJHWLFR )RQWHVGH(QHUJLD

&RQVHUYDomRGH(QHUJLD &RQYHUVmRGH(QHUJLD +LGUiXOLFD (yOLFD 6RODU +LGUiXOLFD (yOLFD 6RODU +LGUiXOLFD (yOLFD 6RODU

7UDGLFLRQDLV $OWHUQDWLYDV 5HQRYiYHLV

,PSDFWRV$PELHQWDLV(QHUJHWLFRV

6LVWHPDVH0pWRGRV 6LVWHPDVH0pWRGRVGH &RQVHUYDomRH&RQYHUVmRGH (QHUJLD (ILFLHQWL]DomR$PELHQWDOGH 6LVWHPDV(QHUJpWLFRV ,PSDFWRV(QHUJpWLFRV$PELHQWDLV

&RQVHUYDomRGH(QHUJLD &RQYHUVmRGH(QHUJLD

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



(OHWURWpFQLFD $SOLFDGD

2EUDRX6HUYLoR

*HUDomRGH(QHUJLD

&RPSOHPHQWR

+LGURHOpWULFD (yOLFD 1XFOHDU 7HUPRHOpWULFD 6RODU 0DUHPRWUL] %LRJHUDFDR

/LQKDGH7UDQVPLVVmRGH(QHUJLD (OpWULFD 7RUUHGH7UDQVPLVVmRGH(QHUJLD (OpWULFD 5HGHGH'LVWULEXLomRGH(QHUJLD (OpWULFD

6XEHVWDomRGH(QHUJLD(OpWULFD

5HGH(OpWULFDGH%DL[D7HQVmR

(QWUDGDGH(QHUJLD(OpWULFD 7HQVmR ,QVWDODFDR(OHWURPHFkQLFD (OHWULILFDomR5XUDO (TXLSDPHQWR(OpWULFR

7UDQVIRUPDGRU 'LVMXQWRU &RPSHQVDGRU6LQFURQR (TXLSDPHQWR(OHWURPHFkQLFR *UXSRJHUDGRU 7XUERJHUDGRU 1REUHDN 0DTXLQDVH0RWRUHV(OHWULFRV ,OXPLQDomR

/XPLQRWpFQLFD 'LDJQyVWLFR(QHUJpWLFR 6LVWHPDGH3URWHomR&RQWUD 'HVFDUJDV$WPRVIpULFDV

3ULPDULD

6HFXQGiULD $pUHD $EULJDGD &KDYHDPHQWR $EDL[DGRUD (OHYDGRUD 5HWLILFDGRUD ,QGXVWULDO 5HVLGHQFLDO &RPHUFLDO (VSHFLDO 3URYLVRULD

%DL[D7HQVmR 0pGLD7HQVmR $OWD7HQVmR

3~EOLFD (PHUJrQFLD 'LULJLGD 5HDOFH

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(OHWURWpFQLFD $SOLFDGD

FRQWLQXDomR

3DUDUDLRV 6LVWHPDGH$WHUUDPHQWR $VEXLOW (ILFLHQWL]DomRGH6LVWHPDV (QHUJpWLFRV &RUUHFDRGH)DWRUGH3RWrQFLD %DQFRGH&DSDFLWRUHV (OHWULILFDFDRGH)HUURYLDV (OHWULILFDomRGH0HWU{V (OHWURQL]DFDRGH)HUURYLDV (OHWURQL]DomRGH0HWU{V 6LQDOL]DomR

&RPSOHPHQWR

,QVWDODomR(OpWULFD

)HUURYLiULD 0HWURYLiULD

3URWHFDR(OHWURHOHWU{QLFD 0HGLomR(OpWULFD 7HOHPHGLomR 0DWHULDLV(OpWULFRV 7XEXODomR3DUD,QVWDODomR(OpWULFD

(OHWURFDOKDV $XWRPDomR 6LVWHPDGH&RQWUROH(OpWULFR 3DLQHO(OpWULFR 4XDGURGH&RPDQGR 0RGHUQL]DFDR(OpWULFD &HUFD(QHUJL]DGD (TXLSDPHQWR(OpWULFR(; 7RSRJUDILDSDUDILQVGH/LQKDVH 5HGHV(OpWULFDV 

%LRPpGLFD ,QVWDODomR2GRQWRPpGLFR KRVSLWDODUH 'LVSRVLWLYR2GRQWRPpGLFR KRVSLWDODU (TXLSDPHQWR2GRQWRPpGLFR KRVSLWDODU

7HUDSrXWLFR

GH0RQLWRUDomR SDUD'LDJQyVWLFR GH/DERUDWyULR &LU~UJLFR GH$SRLR (TXLSDPHQWRVGH5DLR; 

&RQWUROHH $XWRPDomR

6LVWHPDV'LVFUHWRV 6LVWHPDV&RQWtQXRV 0pWRGRVH3URFHVVRVGH&RQWUROH

(OHWURHOHWU{QLFRV

+LGUiXOLFR 3QHXPiWLFR 0HFkQLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



&RQWUROHH $XWRPDomR

FRQWLQXDomR

&RPSOHPHQWR

(OHWURPHFkQLFRV 0pWRGRVH3URFHVVRVGH $XWRPDomR

(OHWURHOHWU{QLFRV

+LGUiXOLFR 3QHXPiWLFR 0HFkQLFRV (OHWURPHFkQLFRV 3URFHVVRV0HFDWU{QLFRVGH &RQWUROH &RQWUROH/yJLFRSURJUDPiYHO 0LFURSURFHVVDGRUHV $XWRPDomRGH(TXLSDPHQWRV 3URGXomR

6LVWHPDVGH)DEULFDomR (TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

5RE{ $XWRPDomR

$XWRPDomRGD0DQXIDWXUD ,QWHJUDomRGR3URFHVVRGH3URMHWR H0DQXIDWXUD 5HGHVGH&RPXQLFDomR,QGXVWULDO 3URWRFRORVGH&RPXQLFDomR ,QGXVWULDO 6LVWHPDVGH&RQWUROH$XWRPiWLFR GH(TXLSDPHQWRV &RPDQGR1XPpULFR 0iTXLQDVGH2SHUDomR$XW{QRPD 3URGXWRVGH2SHUDomR$XW{QRPD

6LVWHPDV 3URFHVVRV 0HFkQLFRV (OHWURPHFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OHWURPHFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OHWURPHFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 5HVLGHQFLDO ,QGXVWULDO &RPHUFLDO

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



&RQWUROHH $XWRPDomR

FRQWLQXDomR

&RPSOHPHQWR

)HUUDPHQWDV$SRLDGDVHP ,QWHOLJrQFLD$UWLILFLDO 0pWRGRV$SRLDGRVHP,QWHOLJrQFLD $UWLILFLDO 0pWRGRV0HFDWU{QLFRVGH $XWRPDomR 0HFkQLFD)LQD $XWRPDomRGH(TXLSDPHQWRV



,QVWUXPHQWDomR ,QVWUXPHQWDomR



(OpWULFD (OHWU{QLFD

&RPSXWDomR 6LVWHPDVGD,QIRUPDomR 6LVWHPDVGD&RPSXWDomR 3HVTXLVD2SHUDFLRQDO 0RGHODJHPGH6LVWHPDV $QiOLVHGH6LVWHPDV 6LPXODomRGH6LVWHPDV ([SUHVVmR*UiILFD&RPSXWDFLRQDO

3URYHGRUGH$FHVVRD,QWHUQHW &RPSLODGRUHV 3DUDGLJPDVGH3URJUDPDomR $OJRULWPRV (VWUXWXUDGH'DGRV 5HGH(OHWULFDSDUD,QIRUPiWLFD 6RIWZDUHV$SOLFDGRVj7HFQRORJLD

5HGHVGH'DGRV 7HFQRORJLDGH5HGHVGH &RPSXWDGRUHV 7pFQLFDV'LJLWDLV ,QIRUPiWLFD,QGXVWULDO 'LVSRVLWLYRVH&RPSRQHQWHV

7HFQRORJLDGD,QIRUPDomR (TXLSDPHQWRGH,QIRUPDWLFDH 3HULIHULFRV 6LVWHPDV'LJLWDLV %DQFRGH'DGRV 3URFHVVDPHQWRGLJLWDOGHVLQDO 6LVVWHPDV$UWLILFLDLV,QWHOLJHQWHV 5HGHVGH&RPSXWDGRUHV $UTXLWHWXUDGH&RPSXWDGRUHV 

(QJHQKDULDGH 6LVWHPDVHGH 3URGXWRV

6LVWHPDV&RPSXWDFLRQDLV

(OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV (OpWULFRV 2SWLFRHOHWURQLFR

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(QJHQKDULDGH 6LVWHPDVHGH 3URGXWRV

FRQWLQXDomR

0pWRGRV&RPSXWDFLRQDLV 3URFHVVRV&RPSXWDFLRQDLV 3URGXWRGH&RQWUROHV 3URGXWRVGHDXWRPDomR &LFORGH9LGDGRV3URGXWRV



&RPSOHPHQWR

0LFURHOHWURPHFkQLFD 1DQRHOHWURPHFkQLFD

6LVWHPDVGH &RPXQLFDomRH 7HOHFRPXQLFDo}HV

3URFHVVDPHQWRGH5DGLRGLIXVmR

5DGLRFRPXQLFDomR

6LVWHPDVGH7HOHFRPXQLFDomR 7HOHPiWLFD 7pFQLFDV$QDOyJLFDV 7pFQLFDV'LJLWDLV 6LVWHPDVGH3RVLFLRQDPHQWR 6LVWHPDVGH&RPXQLFDomRSDUD 1DYHJDomR 6LVWHPDGH&RPXQLFDomR3DUD $YLDFDR &RPXQLFDomR0XOWLPtGLD 7HOHFRPXQLFDomR

6LVWHPDVGH&RPXQLFDomRSDUD 1DYHJDomR

6LVWHPDVGH0LFURRQGDV

6LVWHPDGH5DGLR&RPXQLFDomR 6LVWHPDVGH7HOHFRPXQLFDo}HV 6LVWHPDGH79D&DER 7HOHIRQLD

GHVLQDLV GHVRP GHLPDJHP )L[D 0yYHO 5DGDU 9LD6DWpOLWH

9LD&DER 9LD5DGLR ÏSWLFD 3RU)LEUD2SWLFD

3RU2QGD3RUWDGRUD 6+) 8+) 9+) 3ULYDGD 3XEOLFD

)L[D 0RYHO

(VWDFDR5iGLR%DVH 7HOHJUDILD 7HOHYLVDR

$EHUWD 3RU$VVLQDWXUD 'LJLWDO

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6LVWHPDVGH &RPXQLFDomRH 7HOHFRPXQLFDo}HV

FRQWLQXDomR

5HGH7HOHIRQLFD $V%XOW $QWHQDFROHWLYD $QWHQDLQGLYLGXDO $QWHQD3DUDEyOLFD &HQWUDOGH&RPXQLFDFDR7HOH[ &HQWUDO7HOHI{QLFD

7XEXODomRH&DEODJHP

,PSDFWRV$PELHQWDLV /HYDQWDPHQWRWRSRJUDILDGH5HGHV 7HOHI{QLFDV

&RPSOHPHQWR

,QWHUQD ([WHUQD 5HGH7HOHI{QLFD &ROHWLYD

3~EOLFD 3ULYDGD 3$%; 3DUD$QWHQD 3DUD7HOHIRQLD 3DUD5DGLRFRPXQLFDomR

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($'( $/,0(1726



7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



&DUWRJUDILD

2EUDRX6HUYLoR

/HYDQWDPHQWR 'HVHQKRGHSODQWD 0DSHDPHQWR

3URFHVVDPHQWR

&ODVVLILFDomR

5HSUHVHQWDomRJUiILFD

5HFXSHUDomR

$UPD]HQDPHQWR

/HLWXUDH,QWHUSUHWDomR

8WLOL]DomR



&RPSOHPHQWR

FDUWRJUiILFR GHVLWXDomR GHORFDOL]DomR *HROyJLFR 7RSRJUiILFR %DWLPpWULFR $SWLGmR$JUtFROD *HRPRUIROyJLFR 8VRGR6ROR 5HFXUVRV)ORUHVWDLV 3HGRORJLD 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV&DUWRJUiILFDV 'DGRVHLQIRUPDo}HV+LGURJUiILFDV %DVHV&DUWRJUiILFDV

)RWRJUDPHWULD )RWRWULDQJXODomR /HYDQWDPHQWR$HURIRWRJUDPpWULFR

)RWRLQWHUSUHWDomR )RWRJUDPHWULD 

*HRFLrQFLDV

'LDJQyVWLFR

$QWUySLFR *HRJUiILFR $QWURSRJHRJUiILFR )tVLFR*HRJUiILFR *HRSROtWLFR *HRHFRQ{PLFR )OX[RVSRSXODFLRQDLV 'HOLPLWDomRGHIURQWHLUDVpWQLFDV &UHVFLPHQWRGHPRJUiILFR 3URFHVVRGHRFXSDomR 5HGHVH5HRUJDQL]DomR7HUULWRULDO 5HRUGHQDPHQWRGDRFXSDomRGRVROR

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



*HRFLrQFLDV

FRQWLQXDomR

&RPSOHPHQWR

,QGLFDGRUHVVRFLDLVHDGLQkPLFD SRSXODFLRQDO 'DGRVPHWHRUROyJLFRVHFOLPDWROyJLFRV

&RQGLo}HVGRV$PELHQWHV&RVWHLURV *HRPRUIROyJLFR SURFHVVRVHURVLYRVHGHVHGLPHQWDomR

0DQHMR

ÈUHDV'HJUDGDGDV %LRJHRJUiILFR %DFLDVKLGURJUiILFDV 8QLGDGHVGH&RQVHUYDomR

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ *(2/2*,$



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDV([WUDWLYDV

6HomR% ,WHP

ÈUHDVGH$WXDomR



'HVPRQWHGHURFKDV HHVWUXWXUDV

2EUDRX6HUYLoR

&RQWUROHGHYLEUDo}HV 'HVPRQWHGHURFKDVFRPXVRGH H[SORVLYRV 'HVPRQWH+LGUiXOLFRGHURFKDV 'HVPRQWH0HFkQLFRGHURFKDV 3ODQRGHIRJR 'HVPRQWHHGHPROLomRGH HVWUXWXUDV

&RPSOHPHQWR

FRPXVRGHH[SORVLYRV

SRULPSORVmR 

*HRORJLDGH KLGURFDUERQHWRV

-D]LGDVSHWUROtIHUDV ([SORUDomRGHMD]LGDSHWUROtIHUD 0RGHODJHPGHUHVHUYDWyULR &DUDFWHUL]DomRGHUHVHUYDWyULR &iOFXORGHUHVHUYDWyULR 3RoR 3HUIXUDomRGHSRoR &RPSOHWDomRGHSRoR 3HUILODJHPGHSRoR /RFDomRGHSRoR 0RQLWRUDPHQWRGHSRoR 'HVFULomRGHWHVWHPXQKR $UPD]HQDPHQWR 7UDQVSRUWH

GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV GHSHWUyOHR GHJiV

*HRTXtPLFDGHSHWUyOHR /HYDQWDPHQWRJHRTXtPLFRSDUD SHWUyOHR 7UDWDPHQWRGHGDGRV 

/DYUD

/DYUD

7UDQVSRUWHHPPLQDDFpXDEHUWR 7UDQVSRUWHHPPLQDVXEWHUUkQHD ,OXPLQDomRHPPLQDVXEWHUUkQHD

GHiJXDPLQHUDO GHKLGURFDUERQHWRV GHPLQHUDLVLQGXVWULDLV GHPLQHUDLVPHWiOLFRV GHPLQHUDLVQmRPHWiOLFRV GHURFKDVRUQDPHQWDLV DFpXDEHUWR VXEWHUUkQHD

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDV([WUDWLYDV

6HomR% ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



/DYUD

FRQWLQXDomR 5HIULJHUDomRHPPLQDVXEWHUUkQHD 9HQWLODomRHPPLQDVXEWHUUDQHD $EHUWXUDGHSRoRVHJDOHULDV VXEWHUUkQHDV (VWDELOLGDGHGHSRoRVHJDOHULDV VXEWHUUkQHDV %DUUDJHP 'LPHQVLRQDPHQWRGH HTXLSDPHQWRV 'UHQDJHPGHPLQDV *HRORJLDGHPLQD 2WLPL]DomRGHODYUD 3ODQRGH$SURYHLWDPHQWR (FRQ{PLFR3$( 3ODQRGH/DYUD 5HODWyULR$QXDOGH/DYUD5$/ 'UDJDJHP



%HQHILFLDPHQWRGH PLQpULRV

%DUUDJHPGHUHMHLWRV &DUDFWHUL]DomRGHPLQpULRV &ODVVLILFDomRGHPLQpULRV &RQFHQWUDomRGHPLQpULRV &RQFHQWUDomRItVLFDGHPLQpULR &RQFHQWUDomRTXtPLFDGHPLQpULR &RQFHQWUDomRItVLFRTXtPLFDGH PLQpULR &RQFHQWUDomRPHWDO~UJLFDGH PLQpULR &RQFHQWUDomRKLGURPHWDO~JLFDGH PLQpULR &RQFHQWUDomRSLURPHWDO~UJLFDGH PLQpULR &RQFHQWUDomRHOHWURPHWDO~UJLFDGH PLQpULR &RQFHQWUDomRSRUDJORPHUDomRGH PLQpULR 6HSDUDomRGHPLQpULRV 6HSDUDomRItVLFDGHPLQpULR 6HSDUDomRTXtPLFDGHPLQpULR 6HSDUDomRItVLFRTXtPLFDGH PLQpULR 6HSDUDomRPHWDO~UJLFDGHPLQpULR 6HSDUDomRKLGURPHWDO~JLFDGH PLQpULR 6HSDUDomRSLURPHWDO~UJLFDGH PLQpULR 6HSDUDomRHOHWURPHWDO~UJLFDGH PLQpULR

&RPSOHPHQWR

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDV([WUDWLYDV

6HomR% ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



%HQHILFLDPHQWRGH PLQpULRV

FRQWLQXDomR

&RPSOHPHQWR

6HSDUDomRSRUDJORPHUDomRGH PLQpULR 'LPHQVLRQDPHQWRGH HTXLSDPHQWRVSDUDSURFHVVRVGH EHQHILFLDPHQWR )UDJPHQWDomRGHPLQpULRV 0RGHODJHPHVLPXODomRGH SURFHVVRV 3URFHVVDPHQWRGHSURGXWRVH UHVtGXRV 5HDSURYHLWDPHQWRGHSURGXWRVH UHVtGXRV 5HFLFODJHP 6LVWHPDVSDUDSURFHVVDPHQWRH UHFLFODJHP 7UDWDPHQWRGHHIOXHQWHVGR EHQHILFLDPHQWR 

(PSUHHQGLPHQWRV PLQHUiULRVHJHVWmR HFRQ{PLFD

$YDOLDomRHFRQ{PLFDGDPLQD $YDOLDomRHFRQ{PLFDGH HPSUHHQGLPHQWRPLQHUiULR 9LDELOLGDGHHFRQ{PLFDGH HPSUHHQGLPHQWRPLQHUiULR ,PSODQWDomRGHHPSUHHQGLPHQWR PLQHUiULR 2SHUDomRGHHPSUHHQGLPHQWR PLQHUiULR /RJtVWLFDGHHPSUHHQGLPHQWR PLQHUiULR 0pWRGRVGHDXWRPDomRGH SURFHVVRVQDLQG~VWULDPLQHUDO 0pWRGRVGHFRQWUROHGHSURFHVVRV QDLQG~VWULDPLQHUDO ,QVWDODo}HVSDUDDPLQHUDomR 3ODQRGHGHVFRPLVVLRQDPHQWR 

0HWDOXUJLD([WUDWLYD

6LVWHPDV

0pWRGRV

0HWDO~UJLFRV 0HWDOXUJLD([WUDWLYD 3LURPHWDO~UJLFRV +LGURPHWDO~UJLFRV (OHWURPHWDO~UJLFRV 6LGHU~UJLFRV 0HWDO~UJLFRV 0HWDOXUJLD([WUDWLYD 3LURPHWDO~UJLFRV +LGURPHWDO~UJLFRV (OHWURPHWDO~UJLFRV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDV([WUDWLYDV

6HomR% ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



0HWDOXUJLD([WUDWLYD

FRQWLQXDomR

3URFHVVRV

)RUQRV

&RPSOHPHQWR

6LGHU~UJLFRV 0HWDO~UJLFRV 0HWDOXUJLD([WUDWLYD 3LURPHWDO~UJLFRV +LGURPHWDO~UJLFRV (OHWURPHWDO~UJLFRV 6LGHU~UJLFRV 0HWDO~UJLFRV 0HWDOXUJLD([WUDWLYD 3LURPHWDO~UJLFRV +LGURPHWDO~UJLFRV (OHWURPHWDO~UJLFRV 6LGHU~UJLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



6LVWHPDVHPpWRGRV GHJHRORJLD

2EUDRX6HUYLoR

&RPSOHPHQWR

%LRVWUDWLJUDILD &UHQRORJLD &ULVWDORJUDILD (VSHOHRORJLD (VWUDWLJUDILD *HPRORJLD *HRGLYHUVLGDGH *HRORJLDXUEDQD *HRORJLDHFRQ{PLFD *HRORJLDHVWUXWXUDO *HRORJLDPDULQKD *HRWHFQWRQLFD *HRPRUIRORJLD *HRTXtPLFD /DXGRJHROyJLFR 0HWDORJHQLD 0LQHUDORJLD 3DOHRJHRJUDILD 3DOHRQWRORJLD 3HGRORJLD 3HWURJUDILD 3HWURORJLD 6HGLPHQWRORJLD 

*HRORJLDGH (QJHQKDULDH *HRWHFQLD

$EHUWXUDGHSRoRV %DUUDJHPGHWHUUD &DUDFWHUL]DomRWHFQROyJLFD &RPSRUWDPHQWRGHURFKDVH DJUHJDGRVQDWXUDLV (VWDELOLGDGH

GHDJUHJDGRVQDWXUDLV GHURFKDV

GHHQFRVWDV GHWDOXGHV

(VWXGRVJHRWpFQLFRV )XQGDomRGHREUDFLYLO /HYDQWDPHQWRJHRWpFQLFR 0DSHDPHQWRJHRWpFQLFR 0RYLPHQWDomRGHVRORVHURFKDV 3HUPHDELOLGDGHGHVRORVHURFKDV

5LVFRJHROyJLFR 6RQGDJHP 

*HRORJLDHFRQ{PLFD SURVSHFomRH SHVTXLVDPLQHUDO

)RWRLQWHUSUHWDomR /HYDQWDPHQWR

JHROyJLFR JHRTXtPLFR

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



*HRORJLDHFRQ{PLFD SURVSHFomRH SHVTXLVDPLQHUDO

FRQWLQXDomR

0DSHDPHQWR

&RPSOHPHQWR

GHRFRUUrQFLDVPLQHUDLV JHROyJLFR OLWRHVWUDWLJUiILFR GHGHSyVLWRVHMD]LGDVPLQHUDLV

,GHQWLILFDomRGHGHSyVLWRVHMD]LGDV PLQHUDLV $YDOLDomRGHGHSyVLWRVHMD]LGDV PLQHUDLV &DUDFWHUL]DomRGHGHSyVLWRVH MD]LGDVPLQHUDLV &RUUHODomRGHGHSyVLWRVHMD]LGDV PLQHUDLV 0RGHODJHPGHGHSyVLWRVHMD]LGDV PLQHUDLV 6RQGDJHP 3ODQRGHSHVTXLVDPLQHUDO &XEDJHPGHMD]LGDVPLQHUDLV 5HDYDOLDomRGHMD]LGDVPLQHUDLV 5HODWyULRSDUFLDO GHSHVTXLVDPLQHUDO 5HODWyULRILQDO GHSHVTXLVDPLQHUDO *HRHVWDWtVWLFD 

6LVWHPDVHPpWRGRV GHJHRItVLFD

*HRItVLFDGHSHWUyOHR *HRItVLFDGHiJXDVXEWHUUDQHD *HRItVLFDGHH[SORUDomRPLQHUDO *HRItVLFDDSOLFDGDjHQJHQKDULD JHRWpFQLFD *HRItVLFDQXFOHDU 3URFHVVDPHQWRGHGDGRV 3HUILODJHPJHRItVLFDGHSRoR WXEXODU ,QWHUSUHWDomRGHGDGRVVtVPLFRV /HYDQWDPHQWRJHRItVLFR

3RUJHRUDGDU 5DGLRPpWULFR 3RUJDPDHVSHFWRPHWULD (OpWULFRHOHWURUUHVLVWLYLGDGH (OpWULFRSRODUL]DomRLQGX]LGD (OpWULFRSRWHQFLDOHVSRQWDQHR (OHWURPDJQpWLFR *UDYLPpWULFR 0DJQHWRPpWULFR 6tVPLFRGHUHIOH[mR 6tVPLFRGHUHIUDomR

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 0(&Æ1,&$



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



7HFQRORJLDGH 3URGXWRV 7UDQVIRUPDomRH $UPD]HQDPHQWR

2EUDRX6HUYLoR

&RPSOHPHQWR

7HFQRORJLDGH7UDQVIRUPDomR 3DGURQL]DomR $UPD]HQDPHQWR %HQHILFLDPHQWR &ODVVLILFDomR &RQWUROHGHTXDOLGDGH 'HVWLQDomRGHVXESURGXWRV 'LVWULEXLomR (PEDODJHP 3UHVHUYDomRHFRQVHUYDomR 3URFHVVDPHQWRGHPDWpULDVSULPDV

'HIHVD6DQLWiULD 6HFDJHPHSUHVHUYDomR 7UDQVSRUWH 

7HFQRORJLD0HFkQLFD 0DWHULDLVGH&RQVWUXomR0HFkQLFD

0pWRGRV

3URFHVVRV

9HtFXORV$XWRPRWLYRV 0DWHULDO5RGDQWH (QJHQKDULDGR3URGXWR ,QVSHomR

5HWtILFDV5HJXODJHQVH$MXVWHV

1DQRWHFQRORJLD

7UDQVSRUWDGRUHV (OHYDGRU (VFDGD5RODQWH &RQWUROHH$XWRPDomRGRV 3URFHVVRV0HFkQLFRVHPJHUDO

GH([WUXVmR GH)XQGLomR GH8VLQDJHP GH&RQIRUPDomR GH([WUXVmR GH)XQGLomR GH8VLQDJHP GH&RQIRUPDomR

9HtFXORV 0iTXLQDV (TXLSDPHQWRV (VWUXWXUD 3HoDV 9HtFXORV 0iTXLQDV (TXLSDPHQWRV (VWUXWXUD 3HoDV 0HFkQLFRV (OHWURPHFkQLFRV 0DJQpWLFRV &RPSRQHQWHV0HFkQFRV 3HoDV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



7HFQRORJLD0HFkQLFD

FRQWLQXDomR

,QVWDODo}HV

&RPSOHPHQWR

0HFkQLFRV GHHTXLSDPHQWRV LQGXVWULDLV

(TXLSDPHQWRV0iTXLQDVHPJHUDO

'LVSRVLWLYRV

)DEULFDomR



0HFkQLFRV (OHWURPHFkQLFRV 0DJQpWLFRV ÏSWLFRV 9HtFXORV 0iTXLQDV (TXLSDPHQWRV &RPSRQHQWHV0HFkQFRV 3HoDV (VWUXWXUD

7HFQRORJLD0LQHUDO 6LVWHPDVGH%HQHILFLDPHQWRGH 0LQpULRV 0pWRGRVGH%HQHILFLDPHQWRGH 0LQpULRV 3URFHVVRVGH%HQHILFLDPHQWRGH 0LQpULRV %HQHILFLDPHQWRGH0LQpULRV



0HWDOXUJLD)tVLFD 6LVWHPDV 0pWRGRV 3URFHVVRV 2SHUDo}HV

,QGXVWULDLV GH)DEULFDomR ,QGXVWULDLV GH)DEULFDomR ,QGXVWULDLV GH)DEULFDomR ,QGXVWULDLV GH)DEULFDomR

)XQGLomR 6ROGDJHP 6LQWHUL]DomR 7UDWDPHQWRWpUPLFR 

7HFQRORJLD 0HWDO~UJLFD

0DWHULDLV

0HWiOLFRV &HUkPLFRV 0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV

(PSUHHQGLPHQWRV0LQHUR 0HWDO~UJLFRV 3URGXWRVGD,QG~VWULD0HWDO~UJLFD

,QVWDODo}HV (TXLSDPHQWRV

0HWiOLFRV &HUkPLFRV 0HFkQLFRV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



7HFQRORJLD 0HWDO~UJLFD

FRQWLQXDomR

(TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

&RPSOHPHQWR

(OpWULFRV 0DJQpWLFRV ÏSWLFRV 0HWiOLFRV &HUkPLFRV 0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV 0HWiOLFRV &HUkPLFRV 0HFkQLFRV (OpWULFRV 0DJQpWLFRV ÏSWLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



0HFkQLFD$SOLFDGD

2EUDRX6HUYLoR

6LVWHPDV(VWUXWXUDLV 6LVWHPDV

&RPSOHPHQWR

PHWiOLFRV GHRXWURVPDWHULDLV GH3URGXomRGH(QHUJLD0HFkQLFD GH7UDQVPLVVmRH'LVWULEXLomRGH (QHUJLD0HFkQLFD GH8WLOL]DomRGH(QHUJLD0HFkQLFD GH&RQVHUYDomRGH(QHUJLD0HFkQLFD

0pWRGRV

GH3URGXomRGH(QHUJLD0HFkQLFD GH7UDQVPLVVmRH'LVWULEXLomRGH (QHUJLD0HFkQLFD GH8WLOL]DomRGH(QHUJLD0HFkQLFD GH&RQVHUYDomRGH(QHUJLD0HFkQLFD

3URFHVVRV

GH3URGXomRGH(QHUJLD0HFkQLFD GH7UDQVPLVVmRH'LVWULEXLomRGH (QHUJLD0HFkQLFD GH8WLOL]DomRGH(QHUJLD0HFkQLFD GH&RQVHUYDomRGH(QHUJLD0HFkQLFD

,QVWDODo}HVLQGXVWULDLVH PHFkQLFDV 3ODQWDRXOD\RXW IiEULFDV 

7HUPRGLQkPLFD $SOLFDGD

0iTXLQDV(TXLSDPHQWRV

GHFOLPDWL]DomR )ULJRUtILFRV DV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

,QVWDODo}HV

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U GHFOLPDWL]DomR )ULJRUtILFRV DV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

6LVWHPDV

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U GHFOLPDWL]DomR )ULJRUtILFRV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

0pWRGRV

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U GHFOLPDWL]DomR )ULJRUtILFRV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



7HUPRGLQkPLFD $SOLFDGD

FRQWLQXDomR

3URFHVVRV

&RPSOHPHQWR

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U GHFOLPDWL]DomR )ULJRUtILFRV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

&DOGHLUDVH9DVRVGH3UHVVmR

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U GHFOLPDWL]DomR )ULJRUtILFRV GH3URGXomRGH(QHUJLD7pUPLFD GH$UPD]HQDPHQWRGH(QHUJLD7pUPLFD

&kPDUDV 

GH8WLOL]DomRGH(QHUJLD7pUPLFD &RQGLFLRQDPHQWRGH$U )ULJRUtILFDV

)HQ{PHQRVGH 7UDQVSRUWH

6LVWHPDV

0pWRGRV

3URFHVVRV

)OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV +LGUiXOLFRV GH)OX[R )OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV +LGUiXOLFRV GH)OX[R )OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



)HQ{PHQRVGH 7UDQVSRUWH

FRQWLQXDomR

(TXLSDPHQWRV

'LVSRVLWLYRV

0iTXLQDV



&RPSOHPHQWR

+LGUiXOLFRV GH)OX[R )OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV +LGUiXOLFRV GH)OX[R )OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV +LGUiXOLFRV GH)OX[R )OXLGRGLQkPLFRV GH$UPD]HQDPHQWRGH)OXLGRV OtTXLGRVYDSRUHVHJDVHV GH3URGXomRGH7UDQVPLVVmRH 'LVWULEXLomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV GH8WLOL]DomRGH)OXLGRV OtTXLGRV YDSRUHVHJDVHV 3QHXPiWLFRV +LGUiXOLFRV GH)OX[R

(QJHQKDULDGH 6LVWHPDVH3URGXWRV

6LVWHPDV&RPSXWDFLRQDLV 0pWRGRV&RPSXWDFLRQDLV 3URFHVVRV&RPSXWDFLRQDLV &LFORGH9LGDGH3URGXWRV 6LVWHPDV&RPSOH[RV 3URFHVVRV&RPSOH[RV 3URGXWRV&RPSOH[RV

GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH&RQWUROHGD3URGXomR

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



(QJHQKDULDGH 6LVWHPDVH3URGXWRV

FRQWLQXDomR

&RPSOHPHQWR

GH'HVHQYROYLPHQWRGH3URGXWRV 'HVHQYROYLPHQWRGH7HFQRORJLDGH GH&RQWUROHGD3URGXomR 6XSRUWH GH'HVHQYROYLPHQWRGH3URGXWRV

3URJUDPDomR

GH&RQWUROHGD3URGXomR GH'HVHQYROYLPHQWRGH3URGXWRV GH0LFURFRQWUROH GH0LFURSURFHVVDPHQWR

'HVHQYROYLPHQWRGH7HFQRORJLDGH 9LDELOL]DomR 

3URFHVVRV)tVLFRVGH 3URGXomR

3URFHVVRV,QGXVWULDLV 6LVWHPDV 0pWRGRV 3URFHVVRV3URGXWLYRVGH ,QVWDODo}HV,QGXVWULDLV /RJtVWLFDGD&DGHLDGH6XSULPHQWRV 2UJDQL]DomRH'LVSRVLomRGH 0iTXLQDVH(TXLSDPHQWRV 3URFHGLPHQWRV 6HTXrQFLDV 6LVWHPDVGH*HVWmRGH 0DQXWHQomR 6LVWHPDGH*HVWmRGH5HFXUVRV 1DWXUDLV 

(QJHQKDULDGH 4XDOLGDGH

&RQWUROH0HWUROyJLFR

4XDOLGDGHH&RQILDELOLGDGH





GH3URGXWRV GH3URFHVVRVGH)DEULFDomR GH3URFHVVRVGH&RQVWUXomR GH3URGXWRV GH3URFHVVRVGH)DEULFDomR GH3URFHVVRVGH&RQVWUXomR

3HVTXLVD2SHUDFLRQDO

0RGHODJHPH6LPXODomR

GRV3URFHVVRV GD3URGXomR

0pWRGRVGH'HVHQYROYLPHQWR

GH3URGXWRV GD3URGXomR GH3URGXWRV GD3URGXomR GH3URGXWRV GD3URGXomR

(QJHQKDULD 2UJDQL]DFLRQDO

2WLPL]DomR ,QRYDomR7HFQROyJLFD 2UJDQL]DomR,QGXVWULDO

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 0(,2$0%,(17(



7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR



+LJLHQHGR DPELHQWH

2EUDRX6HUYLoR

5LVFRV

&RPSOHPHQWR

%LROyJLFRV (UJRQ{PLFRV )tVLFRV 4XtPLFRV 0HFkQLFRV

(TXLSDPHQWRGHPHGLomRGHULVFRV DPELHQWDLV $WLYLGDGHVH2SHUDo}HV,QVDOXEUHV 15 $WLYLGDGHVH2SHUDo}HV3HULJRVDV 15 $WLYLGDGHV3HQRVDV *UXSRVVLPLODUHVGHH[SRVLomRDR 'RFXPHQWR%DVH ULVFR 3URJUDPDGH3UHYHQomRGH5LVFRV $QiOLVH*OREDO $PELHQWDLV±335$ 15 3URJUDPDGH&RQVHUYDomR$XGLWLYD ±3&$ 3URJUDPDGH3UHYHQomRGH3HUGDV $XGLWLYDV±333$ 3URJUDPDGH3UHYHQomR 5HVSLUDWyULD±335 3URJUDPDGH3UHYHQomRGD ([SRVLomRQRV/RFDLVGH7UDEDOKR DR%HQ]HQR±33(2% 3HUILO3URILVVLRJUiILFR3UHYLGHQFLiULR 333 &RQGLo}HV$PELHQWDLVGH7UDEDOKR /7&$7 &RQWUROHGH(PLVV}HV$WPRVIpULFDV H4XDOLGDGHGR$U &RQWUROHGH9HWRUHV%LROyJLFRV 

0HLR$PELHQWH

&RQWUROH

&RQWUROH'RPLVVDQLWiULR

3ROXLomRGRV5HFXUVRV1DWXUDLV 4XDOLGDGHGR$U (PLVVmR$WPRVIpULFD 9HWRUHV%LROyJLFRV 6DQLWiULRGD3ROXLomR 6DQLWiULRGR$PELHQWH 3UHVFULomR )RUPXODomR $SOLFDomR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR

'HVFULomR&REHUWXUD9HJHWDO 'HVFULomR8VRVGRVROR 'HVFULomR&RUSRV+tGULFRV 'HVFULomR6LVWHPD9LiULRH (VWXGR$PELHQWDO$WHUUR6DQLWiULR (OHWULILFDomR 'HVFULomR8QLGDGHV&RQVHUYDomRH (VWXGR$PELHQWDO$WHUUR6DQLWiULR $33V 'HVFULomRGLVWkQFLDÈUHDXUEDQD (VWXGR$PELHQWDO$WHUUR6DQLWiULR 5RGRYLDVH)HUURYLDV

7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



0HLR$PELHQWH

FRQWLQXDomR

&RPSOHPHQWR

'HVFULomR'LQkPLFD/HQoRO)UHiWLFR (VWXGR$PELHQWDO$WHUUR6DQLWiULR

'HVFULomR6LWXDomR)XQGLiULD 'HVFULomR7HFQRORJLDH 0HWRGRORJLD'LVSRVLomR5HVtGXRV 'HVFULomR5HVtGXRVGLVSRVWRV 'HVFULomR6LVWHPD&ROHWDH 7UDQVSRUWH5HVtGXRV 3URMHWR3DLVDJtVWLFR 3URMHWR&LQWXUmRYHUGH 'HVFULomR6LVWHPD'UHQDJHP ÈJXDV6XSHUILFLDLV 'HVFULomR6LVWHPD'UHQDJHPH 5HPRomR3HUFRODGR 'HVFULomR6LVWHPD7UDWDPHQWRH 'LVSRVLomR)LQDO3HUFRODGR 'HVFULomR6LVWHPD ,PSHUPHDELOL]DomRLQIHULRUH VXSHULRU

(VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR

(VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR

(VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR (VWXGR$PELHQWDO$WHUUR6DQLWiULR

'HVFULomR6LVWHPD0RQLWRUDPHQWR (VWXGR$PELHQWDO$WHUUR6DQLWiULR ÈJXDV6XEWHUUkQHDV 'HVFULomR6LVWHPD&ROHWDH 5HPRomR*DVHVJHUDGRV

(VWXGR$PELHQWDO$WHUUR6DQLWiULR

'HVFULomRGDVDWLYLGDGHVUHODWLYDVj (VWXGR$PELHQWDO$WHUUR6DQLWiULR LPSODQWDomRHRSHUDomRGRDWHUUR 3ODQWDVH5HSUHVHQWDo}HV*UiILFDV (VWXGR$PELHQWDO$WHUUR6DQLWiULR 7HVWHVH5HODWyULRV3Up RSHUDFLRQDLV &URQRJUDPD)tVLFR)LQDQFHLURH (VWLPDWLYDGH&XVWRVGD ,PSODQWDomR2SHUDomRH 0DQXWHQomRGR$WHUUR 3ODQR(QFHUUDPHQWRGR$WHUUR 3DUTXHVHMDUGLQV

&DUDFWHUL]DomRGRPHLRItVLFR 'HVDVVRUHDPHQWR 3ODQR

(VWXGR$PELHQWDO$WHUUR6DQLWiULR

(VWXGR$PELHQWDO$WHUUR6DQLWiULR

(VWXGR$PELHQWDO$WHUUR6DQLWiULR 3ODQRGH&RQGLo}HVDPELHQWDLVGH WUDEDOKR 3ODQRGH&RQWUROH$PELHQWDO

GH&RQWUROH$PELHQWDO GH*HUHQFLDPHQWRGH5LVFRV GH5HFXSHUDomRGHÈUHDV'HJUDGDGDV

4XDOLGDGHDPELHQWDO 5HPHGLDFDR

GHDJXDV GHPDQDQFLDLV GHHVJRWR 6RORVGHJUDGDGRV ÈJXDVFRQWDPLQDGDV

7$%(/$'(2%5$6(6(59,d26 6HomR(

ÈJXD(VJRWR$WLYLGDGHVGH*HVWmRGH5HVtGXRVH'HVFRQWDPLQDomR

,WHP

ÈUHDVGH$WXDomR



0HLR$PELHQWH

2EUDRX6HUYLoR FRQWLQXDomR %LRUHPHGLDFDR

&RPSOHPHQWR

GHDJXDV GHPDQDQFLDLV GHHVJRWR 6RORVGHJUDGDGRV ÈJXDVFRQWDPLQDGDV

7$%(/$'(2%5$6(6(59,d26 6HomR 0

$WLYLGDGHV 3URILVVLRQDLV &LHQWtILFDVH 7pFQLFDV

,WHP

ÈUHDVGH$WXDomR



5HFXVRV1DWXUDLV

2EUDRX6HUYLoR

$SURYHLWDPHQWR 3URWHomR 0DQHMR 2UGHQDPHQWR 'HVHQYROYLPHQWR 3UHVHUYDomR

&RPSOHPHQWR

5HFXUVRV1DWXUDLV

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 0(7(252/2*,$



7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



0HWHRURORJLD

2EUDRX6HUYLoR

,QWHUSUHWDomR0HWHRUROyJLFD

3UHYLVmR&OLPiWLFD

&DOLEUDomR $JURPHWHRURORJLD &OLPDWRORJLD

&RPSOHPHQWR

1XYHQV 9HQWRV $WPRVIHUD 7HPSHUDWXUD 3UHFLSLWDomR 7HPSR 1XYHQV 9HQWRV $WPRVIHUD 7HPSHUDWXUD 3UHFLSLWDomR 7HPSR ,QVWUXPHQWRVH(TXLSDPHQWRV $JUtFROD )ORUHVWDO $JUtFROD

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 1$9$/



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



6LVWHPDV1DYDLVH 2FHkQLFRV

2EUDRX6HUYLoR

&RPSOHPHQWR

&RQVWUXomR

(PEDUFDo}HV 3ODWDIRUPDV2FHkQLFDV 0HLRV)OXWXDQWHV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 1DYDOH2FHkQLFD

6LVWHPDV0HFkQLFRVUHIHUHQWHVD

(PEDUFDo}HV

3ODWDIRUPDV2FHkQLFDV 0HLRV)OXWXDQWHV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 1DYDOH2FHkQLFD 3ODWDIRUPDV2FHkQLFDV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 6LVWHPDV(VWUXWXUDLV0HWiOLFRV UHIHUHQWHVD

(PEDUFDo}HV

3ODWDIRUPDV2FHkQLFDV 0HLRV)OXWXDQWHV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV

1DYDOH2FHkQLFD 3ODWDIRUPDV2FHkQLFDV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 6LVWHPDV7pUPLFRVUHIHUHQWHVD

(PEDUFDo}HV

3ODWDIRUPDV2FHkQLFDV 0HLRV)OXWXDQWHV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 1DYDOH2FHkQLFD 3ODWDIRUPDV2FHkQLFDV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 6LVWHPDV)OXLGRGLQkPLFRV UHIHUHQWHVD

,QVWDODo}HV

(PEDUFDo}HV

3ODWDIRUPDV2FHkQLFDV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 1DYDOH2FHkQLFD 3ODWDIRUPDV2FHkQLFDV ,QVWDODo}HV1DYDLV 6LVWHPDVD%RUGRGH(PEDUFDo}HV 0HLRV)OXWXDQWHV 0HFkQLFDV (OpWULFDV (OHWU{QLFDV 0DJQpWLFDV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



6LVWHPDV1DYDLVH 2FHkQLFRV

FRQWLQXDomR

(TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

5HGHVGH&RQYpV 5HGHVGH6LVWHPDV 0iTXLQDV 3URSXOVmR *HUDomRGH(QHUJLD 0DWHULDLVGH&RQVWUXomR 

&RPSOHPHQWR

ÏSWLFDV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV

1DYDOH2FHkQLFD

1DYHJDELOLGDGH 2SHUDomR

7UiIHJR 5HERTXH

5HVJDWH

6HUYLoRV

,QVSHomR

1DYHJDELOLGDGH

GH7UDQVSRUWH GH&RPXQLFDomR GH(PEDUFDo}HV GH,QVWDODo}HV1DYDLV GH,QVWDODo}HV2FHkQLFDV GH(PEDUFDo}HV GH0HLRV)OXWXDQWHV GH3ODWDIRUPDV GH(PEDUFDo}HV GH0HLRV)OXWXDQWHV GH(PEDUFDo}HV GH3ODWDIRUPDV GH(PEDUFDo}HV GH,QVWDODo}HV1DYDLV GH,QVWDODo}HV2FHkQLFDV GH(PEDUFDo}HV GH3ODWDIRUPDV GH0HLRV)OXWXDQWHV GH,QVWDODo}HV1DYDLV GH,QVWDODo}HV2FHkQLFDV GHDFLGHQWHV0DUtWLPRV GH$FLGHQWHV)OXYLDLV GH$FLGHQWHV2FHkQLFRV GHDFLGHQWHV0DULWLPRV GH$FLGHQWHV)OXYLDLV GH$FLGHQWHV2FHkQLFRV 0DULWLPD )OXYLDO

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 48Ë0,&$



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



,QGXVWULD4XtPLFD HP*HUDO

2EUDRX6HUYLoR

,QGXVWULDOL]DomR

3DGURQL]DomR

,PSODQWDomR

$GHTXDomR

&RPSOHPHQWR

3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV 6DQHDPHQWRHPHLRDPELHQWH GH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 6DQHDPHQWRHPHLRDPELHQWH *DVRGXWRVROHRGXWRVHFHQWUDLVGH*/3

'HVHQYROYLPHQWR

6DQHDPHQWRHJHVWmRDPELHQWDO 7HFQRORJLD 2SHUDo}HVHSURFHVVRV 7UDQVSRUWH

'LVWULEXLomR

$UPD]HQDPHQWR&RQVHUYDomR

3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV

GH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV GH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV GH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



,QGXVWULD4XtPLFD HP*HUDO

FRQWLQXDomR

3UHVHUYDomR $FRQGLFLRQDPHQWR

4XDOLGDGH

7HFQRORJLD4XtPLFD$SOLFDGD 6LVWHPDV0pWRGRVH3URFHVVRV 8WLOL]DomR

7UDQVIHUrQFLDGLVWULEXLomR

3URGXomR 0DQXVHLR

&RQYHUVmR ,QVWDODo}HV (TXLSDPHQWRV 'LVSRVLWLYRV &RPSRQHQWHV &RQWUROH

&RPSOHPHQWR

([SORVLYRV 6DQHDPHQWRHPHLRDPELHQWH GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV GH(QHUJLD 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV 7pUPLFRVHIULJRUtILFRV GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV )RQWHVGH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV GH(QHUJLD GHVyOLGRV GHIOXLGRVOtTXLGRV GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV ([SORVLYRV GH(QHUJLD

7pUPLFRVHIULJRUtILFRV GHVyOLGRV GHIOXLGRVOtTXLGRV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



,QGXVWULD4XtPLFD HP*HUDO

FRQWLQXDomR

&RPSOHPHQWR

GHIOXLGRVJDVRVRV 3URGXWRVRUJkQLFRV 3URGXWRV,QRUJkQLFRV 3URGXWRV%LRWHFQROyJLFRV 3URGXWRV3HWURTXtPLFRV 

,QG~VWULDGH 3URGXomRGH 0DWHULDLV

([SORVLYRV )RQWHVGH(QHUJLD 7UDQVIRUPDo}HVGH)DVH (VWUXWXUDGRV0DWHULDLV 3URSULHGDGHVGRV0DWHULDLV 5HRORJLD 6ROXo}HV6yOLGDV 'HIHLWRV&ULVWDOLQRV 'LIXVmRHP6yOLGRV 'HIRUPDomR3OiVWLFD &DUDFWHUL]DomRH6HOHomRGH 0DWHULDLV 6HOHomRGH0DWHULDLVSDUD $SOLFDo}HV(VSHFLDLVHP

,QVWDODo}HV

(TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

$OWD7HPSHUDWXUD

(OHWURHOHWU{QLFD (VWUXWXUDV 5HVLVWrQFLDD&RUURVmR 5HVLVWrQFLDD'HVJDVWH 2SHUDo}HV 0HFkQLFDV 7pUPLFDV (OpWULFDV 4XtPLFDV ÏSWLFDV 0DJQpWLFDV 0HFkQLFRV 7pUPLFRV (OpWULFRV 4XtPLFRV ÏSWLFRV 0DJQpWLFRV 0HFkQLFRV 7pUPLFRV (OpWULFRV 4XtPLFRV ÏSWLFRV 0DJQpWLFRV 0HFkQLFRV 7pUPLFRV (OpWULFRV 4XtPLFRV ÏSWLFRV 0DJQpWLFRV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



ÈUHD1XFOHDU

2EUDRX6HUYLoR 5HDWRUHV1XFOHDUHV

&RPSOHPHQWR *HUDGRUHVGH(QHUJLD5DGLRDWLYRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU (TXLSDPHQWRVSDUDD,QG~VWULD1XFOHDU

)DEULFDomR

(QULTXHFLPHQWRLVRWySLFR 5HSURFHVVDPHQWR

5DGLRLVyWRSRV 3URGXomR

8WLOL]DomR

3URFHVVDPHQWR

$QiOLVH

/LFHQFLDPHQWRGH

&RPEXVWtYHO1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV &RPEXVWtYHO1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV &RPEXVWtYHO1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV &RPEXVWtYHO1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 0DWHULDLVSDUDD,QG~VWULD1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV &RPEXVWtYHO1XFOHDU 5DGLRIiUPDFRV 5DGLRTXtPLFRV 5DGLRLVyWRSRV 6LVWHPDV5DGLRDWLYRV 0pWRGRV5DGLRDWLYRV 3URFHVVRV5DGLRDWLYRV $WLYLGDGHV5DGLRDWLYDV 6LVWHPDV1XFOHDUHV 0pWRGRV1XFOHDUHV 3URFHVVRV1XFOHDUHV $WLYLGDGHV1XFOHDUHV ,QVWDODo}HV5DGLRDWLYDV (TXLSDPHQWRV5DGLRDWLYRV ,QVWDODo}HV1XFOHDUHV

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



ÈUHD1XFOHDU

FRQWLQXDomR 0RQLWRUDPHQWRGH

,QVWDODomRGH 6HJXUDQoDQXFOHDU *HUrQFLDGH5HMHLWRV5DGLRDWLYRV *HUrQFLDGH5HMHLWRV1XFOHDUHV (VWXGRGH5DGLRHFRORJLD $YDOLDomRGH5DGLRHFRORJLD

&RPSOHPHQWR (TXLSDPHQWRV1XFOHDUHV 6LVWHPDV5DGLRDWLYRV 0pWRGRV5DGLRDWLYRV 3URFHVVRV5DGLRDWLYRV $WLYLGDGHV5DGLRDWLYDV 6LVWHPDV1XFOHDUHV 0pWRGRV1XFOHDUHV 3URFHVVRV1XFOHDUHV $WLYLGDGHV1XFOHDUHV (TXLSDPHQWRV5DGLRDWLYRV (TXLSDPHQWRV1XFOHDUHV

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 6(*85$1d$



7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



*HUHQFLDPHQWRGH 5LVFRV

2EUDRX6HUYLoR

$QiOLVHGHULVFR

0DSHDPHQWRGHULVFRV 3URJUDPDGH*HUHQFLDPHQWRGH 5LVFRV3*5 &RQWUROHGRVULVFRVDPELHQWDLV UHIHUHQWHD

&RPSOHPHQWR

$QiOLVHGH0RGRVGH)DOKDVH(IHLWRV $0)( $QiOLVH3UHOLPLQDUGH5LVFRV$35 ÈUYRUHGH)DOKDV$) 4XDQWLWDWLYD 4XDOLWDWLYD

DJHQWHVELROyJLFRV

DJHQWHVHUJRQ{PLFRV DJHQWHVTXtPLFRV DJHQWHVPHFkQLFRV (VSDoRVFRQILQDGRV



3UHYHQomRH&RQWUROH GH5LVFRVHP PiTXLQDV HTXLSDPHQWRVH LQVWDODo}HV 6HJXUDQoDGH,QVWDODo}HV(OpWULFDV 6HJXUDQoDHP5HGHVH7XEXODo}HV GH)OXLGRV*DVHVH9DSRUHV 6HJXUDQoDSDUDRSHUDomRGH PiTXLQDVHHTXLSDPHQWRV

*58$6

(/(9$'25(6 75$163257$'25(6,1'8675,$,6 *8,1'$67( 75$163257$'25$6 $1'$,0(6 $UUDQMRItVLFRGDVLQVWDODo}HV 0HGLGDVGHSURWHomRFROHWLYD LQGXVWULDLV 6HJXUDQoDQDRSHUDomRGH FDOGHLUDV (TXLSDPHQWRVGH3URWHomR ,QGLYLGXDO(3, 15 (TXLSDPHQWRGH3URWHomR&ROHWLYD (3& 3URJUDPDGH&RQGLo}HVH0HLR $PELHQWHGH7UDEDOKRQD,QG~VWULD GD&RQVWUXomR3&0$7 15

6LQDOL]DomRGHVHJXUDQoD

7$%(/$'(2%5$6(6(59,d26 $WLYLGDGHV3URILVVLRQDLV&LHQWtILFDVH7pFQLFDV

6HomR0 ,WHP

ÈUHDVGH$WXDomR



6LVWHPDGH3URWHomR FRQWUD,QFrQVLR ([SORV}HVH (PHUJrQFLDV

2EUDRX6HUYLoR

&RPSOHPHQWR

(TXLSDPHQWRGHFRPEDWHD LQFHQGLR $WPRVIHUDVSRWHQFLDOPHQWH H[SORVLYDV 6LVWHPDGHDODUPHHSURWHomR 6LVWHPDHGLVSRVLWLYRVGH VHJXUDQoD 3ODQRGHHPHUJrQFLDHFDWiVWURIH

([WLQWRUHVGHLQFrQGLR

&RPEDWHjLQFrQGLRHSkQLFR 3UiWLFDGHFRPEDWHDRIRJR 3UiWLFDGHVDOYDPHQWRHUHVJDWH 3ODQRGHFRQWLQJrQFLD 6LQDOL]DomRGHHPHUJrQFLD 6LQDOL]DomRGHVHJXUDQoD %ULJDGDGHLQFrQGLR 

JiVFDUE{QLFR &2 iJXDSUHVVXUL]DGD SyTXtPLFR $%& VHFR

HYDFXDomRGHiUHD

3UHYHQomRGH DFLGHQWHV 7UHLQDPHQWRHFDSDFLWDomR

GDV&RQGLo}HVGHVHJXUDQoDGR DPELHQWH GH&,3$ 7UDQVSRUWHGHFDUJDVSHULJRVDV

0DQXDOGH3URFHGLPHQWRV2SHUDFLRQDLV 5HVROXomRQƒGHGHRXWXEURGH 5HIHUrQFLD

$QH[R,,

5HYLVmR

'DWD



7$%(/$ 2%5$6(6(59,d26 È5($ 7Ç;7,/



7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



,QG~VWULD7r[WLO

2EUDRX6HUYLoR 7HFQRORJLD

%HQHILFLDPHQWR

7UDWDPHQWR

3URFHVVDPHQWR

$FRQGLFLRQDPHQWR

&RPSOHPHQWR GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GR$FDEDPHQWR GD&RQIHFomR 2SHUDo}HV4XtPLFDV3URFHVVRV ,QGXVWULDLV0HFkQLFRVH4XtPLFRVGD ,QG~VWULD7r[WLO )LDomR 7HFHODJHP &RUDQWHV (VWDPSDULD 'H3URFHVVRV 'H3URGXWRV 7r[WLO GH0RGDV GH&RQIHFo}HV ,QVXPRVH3URGXWRV7r[WHLV GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV &RUDQWHV 7r[WLO ,QVXPRVH3URGXWRV7r[WHLV GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV &RUDQWHV 7r[WLO GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GD&RQIHFomR &RUDQWHV 7r[WLO GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GD&RQIHFomR

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR

2EUDRX6HUYLoR



,QG~VWULD7r[WLO

FRQWLQXDomR

$UPD]HQDPHQWR&RQVHUYDomR

7LQJLPHQWR

3URGXomR

2SHUDFDRH3URFHVVRV7H[WHLV

&RPSOHPHQWR )LDomR 7HFHODJHP &RUDQWHV 'H3URGXWRV 7r[WLO ,QVXPRVH3URGXWRV7r[WHLV GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GD&RQIHFomR GR$FDEDPHQWR GD&RQIHFomR )LDomR 7HFHODJHP &RUDQWHV (VWDPSDULD 'H3URGXWRV 7r[WLO ,QVXPRVH3URGXWRV7r[WHLV GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GD&RQIHFomR GR$FDEDPHQWR GD&RQIHFomR )LDomR 7HFHODJHP (VWDPSDULD 7r[WLO GDV)LEUDV1DWXUDLV GDV)LEUDV4XtPLFDV GRV)LRV GRV7HFLGRV GDV0DOKDV GRV1mR7HFLGRV GR$FDEDPHQWR GD&RQIHFomR )LDomR 7HFHODJHP &RUDQWHV (VWDPSDULD 'H3URGXWRV 7r[WLO GH0RGDV GH&RQIHFo}HV ,QVXPRV7r[WHLV

7$%(/$'(2%5$6(6(59,d26 ,QGXVWULDVGH7UDQVIRUPDomR

6HomR& ,WHP

ÈUHDVGH$WXDomR



,QG~VWULD7r[WLO

2EUDRX6HUYLoR FRQWLQXDomR 6LVWHPDV0pWRGRVH3URFHVVRVGH 3URGXomRQD,QG~VWULD7r[WLO ,QVWDODo}HV

(TXLSDPHQWRV

'LVSRVLWLYRV

&RPSRQHQWHV

3DGURQL]DFmR

&RPSOHPHQWR

7r[WHLV GH0RGDV GH&RQIHFo}HV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 0HFkQLFRV (OpWULFRV (OHWU{QLFRV 0DJQpWLFRV ÏSWLFRV 'H3URFHVVRV 'H3URGXWRV ,QVXPRVH3URGXWRV7r[WHLV