% 75$160,6,Ï1 $8720È7,&$ $7
'7& 3 '7& 1 0DO IXQFLRQDPLHQWR GHO FLUFXLWR GHO VHQVRU GH YHORFLGDG
GH VDOLGD
',$*5$0$ '( &$%/($'2
3&0
6HQVRU GH YHORFLGDG GHO HMH GH VDOLGD
&21',&,Ï1 '( '(7(&&,Ï1 '(/ '7& < È5($ '(/ '(63(5)(&72
&21',&,Ï1 '( '(7(&&,Ï1 '(/ '7&
&RQ HO LQWHUUXSWRU GH %$-$ :' HQ SRVLFLyQ 2)) QR
HQWUD QLQJXQD VHxDO GHO VHQVRU GH YHORFLGDG GHO HMH GH
VDOLGD PLHQWUDV HQWUDQ VHxDOHV GHO VHQVRU GH YHORFL
GDG GHO YHKtFXOR
R
&RQ HO LQWHUUXSWRU GH %$-$ :' HQ SRVLFLyQ 2)) QR
HQWUD QLQJXQD VHxDO GHO VHQVRU GH YHORFLGDG GHO HMH GH
VDOLGD PLHQWUDV HO PRWRU IXQFLRQD D XQ UpJLPHQ VXSH
ULRU DO HVSHFLILFDGR HQ OD SRVLFLyQ ³'´
OyJLFD GH GHWHFFLyQ GH FLFORV GH FRQGXFFLyQ
352&(',0,(172 '( &21),50$&,Ï1 '(/ '7&
$'9(57(1&,$
&XDQGR HIHFW~H XQD SUXHED GH FDUUHWHUD HOLMD XQ OXJDU GRQGH QR KD\D WUiILFR R ULHVJR GH DFFLGHQWHV GH
WUiILFR \ DFW~H FRQ PXFKR FXLGDGR SDUD DVt HYLWDU FXDOTXLHU DFFLGHQWH
/D SUXHED GH FDUUHWHUD GHEH VHU HIHFWXDGD HQ XQD FDUUHWHUD SODQD KRUL]RQWDO SRU SHUVRQDV XQ FRQ
GXFWRU \ XQ HQFDUJDGR GH OD SUXHED
&RQHFWH HO LQVWUXPHQWR GH H[SORUDFLyQ VL GLVSRQLEOH DO '/& FRQ HO LQWHUUXSWRU GH HQFHQGLGR FRORFDGR HQ OD SRVL
FLyQ 2))
8WLOL]DQGR HO LQVWUXPHQWR GH H[SORUDFLyQ ERUUH HQ OD PHPRULD GHO 3&0 ORV '7& ORV '7& SHQGLHQWHV \ ORV GDWRV
GH LPDJHQ FRQJHODGD
+DJD DUUDQFDU HO PRWRU \ FDPELH OD SDODQFD GH WUDQVIHUHQFLD D OD SRVLFLyQ ³+´ y ³+´
&RQGX]FD HO YHKtFXOR D NPK R PiV GXUDQWH PiV GH VHJXQGRV R D XQ UpJLPHQ GH PiV GH USP HQ
OD SRVLFLyQ ³'´ GXUDQWH PiV GH VHJXQGRV
'HWHQJD HO YHKtFXOR \ FRPSUXHEH VL KD\ DOJ~Q '7& \R '7& SHQGLHQWHV
È5($ '(/ '(63(5)(&72
6HQVRU GH YHORFLGDG GH VDOLGD R VX FLUFXLWR
3&0