&$3Ë78/25(62/8d2'(352%/(0$6
&
&
R
R
P
P
R
R
L
L
P
P
S
S
U
U
L
L
P
P
L
L
U
U
F
F
R
R
U
U
U
U
H
H
F
F
W
W
D
D
P
P
H
H
Q
Q
W
W
H
H
3UREOHPD 5HFRPHQGDomR
$LPSUHVVRUDLPSULPH
LQHVSHUDGDPHQWHRXLPSULPH
FDUDFWHUHVLOHJtYHLV
• &HUWLILTXHVHGHTXHRFDERQmRpGHPDVLDGRORQJR
5HFRPHQGDVHDXWLOL]DomRGHXPFDERSDUDOHORFRPXP
FRPSULPHQWRLQIHULRUDPHWURV
• 9HULILTXHVHRFDERGDLPSUHVVRUDHVWiGDQLILFDGRRXSDUWLGR
• 6HHVWLYHUDXWLOL]DUXPGLVSRVLWLYRGHFRPXWDomRGHLQWHUIDFH
UHWLUHROLJXHRFRPSXWDGRUGLUHFWDPHQWHjLPSUHVVRUDHYROWHD
WHQWDU
• 9HULILTXHVHHVFROKHXRGULYHUGHLPSUHVVRUDFRUUHFWRHP
µ8WLOL]DUFRPRLPSUHVVRUDSUpGHILQLGD¶
• &HUWLILTXHVHGHTXHQmRH[LVWHQHQKXPGLVSRVLWLYRGH
DUPD]HQDPHQWRRXVFDQQHUOLJDGRjPHVPDSRUWDTXHD
LPSUHVVRUD5HWLUHWRGRVRVRXWURVGLVSRVLWLYRVHOLJXHjSRUWD
DSHQDVDLPSUHVVRUD
•
'HVDFWLYHRPRQLWRUGHHVWDGRQDSiJLQD'LVSRVLWLYR2So}HV
QRVHSDUDGRU$YDQoDGRQRGULYHUGDLPSUHVVRUD
2VHQYHORSHVGHIRUPDWR'/
ILFDUDPGREUDGRVDSyVD
LPSUHVVmR
•
&RORTXHHQYHORSHVGHIRUPDWR'/QRYRVGHODGRHYROWHD
LPSULPLU&RQVXOWHµ,PSULPLUHQYHORSHV¶QR&DStWXOR
$LPSUHVVRUDQmRFRQVHJXH
LPSULPLUSiJLQDVFRPSOHWDVGH
XPGRFXPHQWR$SDUHFHD
PHQVDJHPGHHUUR³35,17
29(5581´
•
&DUUHJXHQRERWmR
*R
SDUDLPSULPLURVGDGRVTXH
SHUPDQHFHPQDLPSUHVVRUD
•
6HLVWRQmRUHVROYHURHUURVLPSOLILTXHRGRFXPHQWRRXUHGX]D
DUHVROXomRGDLPSUHVVmR
• $OWHUHDVVHJXLQWHVGHILQLo}HVQRGULYHUGR:LQGRZV
IRUQHFLGR
HWHQWHQRYDPHQWH$PHOKRUFRPELQDomRGDVGHILQLo}HV
DEDL[RYDULDGHDFRUGRFRPRGRFXPHQWR
• 0RGRJUiILFR
•
0RGR7UXH7\SH
•
8WLOL]DURVWLSRVGHOHWUD7UXH7\SHGDLPSUHVVRUD
$LPSUHVVRUDQmRFRQVHJXH
LPSULPLUSiJLQDVFRPSOHWDVGH
XPGRFXPHQWR$SDUHFHD
PHQVDJHPGHHUUR0(025<
)8//
•
&DUUHJXHQRERWmR
*R
SDUDLPSULPLURVGDGRVTXH
SHUPDQHFHPQDLPSUHVVRUD
•
5HGX]DDUHVROXomRGHLPSUHVVmRRXVLPSOLILTXHRGRFXPHQWR
•
$XPHQWHDPHPyULDGDLPSUHVVRUDDGLFLRQDQGRXPD',00
GLVSRQtYHOQRPHUFDGR&RQVXOWHµ([SDQVmRGDPHPyULD5$0¶
QR&DStWXOR