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5HIULJHUDGRU 6H (TXLSDGD   )LOWUR
5pJXD GH HQHUJLD DX[LOLDU   $U IUHVFR 
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(YLWDU ULVFR GH HOHWULFLGDGH HVWiWLFD DR 6XEVWLWXLomR  
DEDVWHFHU    )LOWURV GH DU GR PRWRU
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/LVWD GH YHULILFDomR GH LQVSHomR  )LOWURV GH FRPEXVWtYHO
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5HFRPHQGDo}HV   6XEVWLWXLomR   
8VR  )LOWURV KLGUiXOLFRV
9HULILFDomR   7URFD  
([WLQWRU GH LQFrQGLR j EDVH GH iJXD )LOWURV yOHR
&DUUHJDPHQWR   )LOWURV GH yOHR  
([WUDWRU )OXLGR
5RWDomR GR YHQWLODGRU   (QFKLPHQWR
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,QVSHomR  ÏOHR KLGUiXOLFR  
,QVSHomR GDV OkPLQDV   7URFD
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GD OkPLQD  DFLRQDPHQWR GD ERPED   
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,QVSHomR GDV OkPLQDV   ÏOHR GD WUDQVPLVVmR ILQDO 
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9HULILFDomR GH QtYHO
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ÏOHR GD FDL[D GH HQJUHQDJHQV GH
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GD ERPED ,QWHUIDFH GR 2SHUDGRU 
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6XVSHQVmR 
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GR PRWRU   FDL[D GH FRUWH GD EDVH  
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/X]HV   H[WUDWRU SULPiULR  
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2ULItFLR GH GUHQR GD ERPED GH OtTXLGR GH /kPLQDV GD IDFD ODWHUDO
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3HoDV GH IL[DomR GD FDL[D GH HQJUHQDJHQV /HLWXUDV GH GLDJQyVWLFRV VREUH WHVWHV GR PRQLWRU  
GD FDL[D GH FRUWH GD EDVH  /HLWXUDV GH GLDJQyVWLFR  
3HoDV GH IL[DomR GR WDPERU GR SLFDGRU  0HQX 6REUH  
3QHXV  7HVWH GD WHOD GH WRTXH 
3UHVVmR GH SUpFDUJD GRV DFXPXODGRUHV   7HVWHV GR PRQLWRU 
6LVWHPD KLGUiXOLFR  /LPSH]D
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/LPSH]D GD PiTXLQD   

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9LGUR GD FDELQH   /XEULILFDQWHV
/LPSH]D GD PiTXLQD DQXDO   0LVWXUD  
/LPSH]D GD PiTXLQD SHULyGLFD   /XEULILFDQWHV VHJXUDQoD
/LPSH]D GD WHOD H[WHUQD GR SUpILOWUR GH DU GR PRWRU  6HJXUDQoD OXEULILFDQWHV  
/tTXLGR GH DUUHIHFLPHQWR /X] GR PDSD
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/DYH R VLVWHPD  /X] *LUDWyULD
0RWRU GLHVHO 6XEVWLWXLomR GD OkPSDGD 
0RWRU FRP FDPLVDV ~PLGDV GH FLOLQGUR   /X] LQWHUQD GD FDELQH
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&OLPDV GH WHPSHUDWXUDV TXHQWHV   /X]HV
-RKQ GHHUH &22/*$5' ,, FRRODQW H[WHQGHU  $MXVWH GDV OkPSDGDV GH GHVFDUJD GH DOWD
0LVWXUDU FRP FRQFHQWUDGR TXDOLGDGH GD iJXD  LQWHQVLGDGH [HQ{QLR  
7HVWDU SRQWR GH FRQJHODPHQWR  $MXVWH GDV OX]HV KDOyJHQDV GD FDELQH
/tTXLGR GH DUUHIHFLPHQWR GR PRWRU $MXVWH RV IDUyLV GD FDELQH 
9HULILFDomR GH QtYHO  ,QGLFDGRU GD ODQWHUQD GLUHFLRQDO GLUHLWD  
/XEULFLGDGH GR GLHVHO  ,QGLFDGRU GD ODQWHUQD GLUHFLRQDO HVTXHUGD 
/XEULILFDomR ,QGLFDGRU GR IUHLR GH HVWDFLRQDPHQWR 
$JLWDGRU GD FRUWLQD GR SLFDGRU   ,QVSHomR   
&DL[D GH FRUWH GD EDVH    ,QWHULRU GD &DELQH  
&LOLQGURV GD VXVSHQVmR  ,QWHUUXSWRUHV  
0iTXLQDV FRP HVWHLUD   /DQWHUQD GLUHFLRQDO  
0iTXLQDV FRP URGDV   /X] GR PDSD  
&LOLQGURV GH GLUHomR 6XEVWLWXLomR
0iTXLQDV FRP URGDV   /X] GR PDSD 
&RUWDGRU GH 3RQWDV  /X] LQWHUQD GD FDELQH  
'LYLVRUHV GH OLQKD 5HJUDV GH VHJXUDQoD SDUD OkPSDGDV
+LGUiXOLFD   GH GHVFDUJD GH DOWD LQWHQVLGDGH 
0DQXDO  5HJUDV GH VHJXUDQoD SDUD OkPSDGDV
'LYLVRUHV GH OLQKD GH LQFOLQDomR KLGUiXOLFD   KDOyJHQDV  
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([WUDWRU VHFXQGiULR GLUHFLRQDO GLDQWHLUD  
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,QFOLQDomR PDQXDO GRV GLYLVRUHV GH OLQKD   6XEVWLWXLomR GD OkPSDGD GH GHVFDUJD GH
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&LOLQGURV GD VXVSHQVmR   6XEVWLWXLomR GD OkPSDGD GR IDURO GD FDELQH  
0iTXLQDV FRP URGDV 6XEVWLWXLomR GD OkPSDGD KDOyJHQD GD FDELQH 
&LOLQGURV GD VXVSHQVmR   6XEVWLWXLomR GDV ODQWHUQDV WUDVHLUDV  
&LOLQGURV GH GLUHomR  6XEVWLWXLomR GDV OX]HV GH WDOKmR  
0HVD JLUDWyULD GR HOHYDGRU   /X]HV GH WDOKmR
5RGD GHQWDGD GD FRUUHQWH GR HOHYDGRU   6XEVWLWXLomR GD OkPSDGD 
5RODPHQWR GR UROR GD ORQJDULQD  /X]HV WUDVHLUDV
5RODPHQWRV GR SLFDGRU   6XEVWLWXLomR GD OkPSDGD 
5ROR SUpWRPEDGRU LQIHULRU  
5ROR SUpWRPEDGRU VXSHULRU   0
5RORV GH DOLPHQWDomR
3LY{V  0DQXDO
5RODPHQWRV   /RFDO GH DUPD]HQDJHP  
5RORV H[WHUQRV GR GLYLVRU GH OLQKD   0DQXVHDU EDWHULDV FRP VHJXUDQoD
5RORV VHPILP GR GLYLVRU GH OLQKD   &RP VHJXUDQoD PDQXVHDU EDWHULDV 
/XEULILFDomR FRP JUD[D GRV URODPHQWRV GRV 0DQXVHLR GDV EDWHULDV FRP FXLGDGR  
FXERV GDV URGDV GLDQWHLUDV  0DQXWHQomR
/XEULILFDomR FRP JUD[D GRV URODPHQWRV GRV $MXVWH GDV SODFDV GH FRUWH GR FRUWDGRU GH
FXERV GDV URGDV GLDQWHLUDV  SRQWDV WULWXUDGRU  
/XEULILFDomR GR UROR GR WUDQVSRUWDGRU  ([WLQWRU GH LQFrQGLR j EDVH GH iJXD
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GR PRWRU   7URFD
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GRV FXERV GDV URGDV GLDQWHLUDV    ,VRODGRUHV GH YLEUDomR  
5HVHUYDWyULR GR ODYDGRU GH SDUDEULVD  7URFDU yOHR H ILOWUR   
6DQJULD GR DU GR VLVWHPD GH OtTXLGR GH 9HULILFDomR GD WHQVmR GD PROD GR WHQVRU
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8VR GH EDWHULD DX[LOLDUFDUUHJDGRU GH EDWHULDV   9HULILFDomR GR GHVJDVWH GD FRUUHLD 
9HULILFDomR GR SUpILOWUR GH DU GR PRWRU  0RWRUHV GLHVHO HIHLWRV GR LQYHUQR 
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0iTXLQDV FRP URGDV 1
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0HVD JLUDWyULD GR HOHYDGRU $MXVWHV GLDQRLWH 
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1DYHJDomR  1~PHUR GH VpULH GD PiTXLQD  
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'RZQORDG  
0RQLWRU LQIHULRU GD FROXQD GH FDQWR   2
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6XEVWLWXLomR DOWLWXGH HOHYDGD  
7HUPRVWDWRV H MXQWDV   7LHU  H VWDJH ,,  
6XEVWLWXLomR GR ILOWUR GH VHJXUDQoD  7LHU  H VWDJH ,,,  

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7URFD   3RQWRV GH DPDUUDomR
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7URFD  3UpILOWUR GH FRPEXVWtYHO
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6HP &HUWLILFDomR GH (PLVV}HV H 3UHVVmR GH FDOLEUDomR
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7LHU  H VWDJH ,,   3URFHGLPHQWR GH LQFOLQDomR  
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2SHUDomR
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6LVWHPD GR FRUWDGRU GH SRQWDV  
6LVWHPD GR HOHYDGRU   5
3 5DGLDGRUHV
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,QIHULRU $MXVWH GD WHQVmR GD HVWHLUD  
/XEULILFDomR   (L[R WUDVHLUR   
6XSHULRU )LOWUR
/XEULILFDomR   $U IUHVFR  
5RORV GH DOLPHQWDomR 5HFLUFXODomR GR DUFRQGLFLRQDGR 
/XEULILFDomR  )LOWUR GH DU IUHVFR  
5RODPHQWRV   )LOWUR GH UHFLUFXODomR GR DUFRQGLFLRQDGR 
2SHUDomR   ,QGLFDGRU GH DGYHUWrQFLD 
5RORV H[WHUQRV GR GLYLVRU GH OLQKD /kPLQD GD FDL[D GH FRUWH GD EDVH  
/XEULILFDomR  /LPSH]D GRV UDGLDGRUHV
5RORV SUpWRPEDGRUHV   /RFDOL]Do}HV GH FRPSRQHQWHV 
2SHUDomR GRV URORV SUpWRPEDGRUHV 0DQXWHQomR GRV ILOWURV GH DU GR PRWRU  
DMXVWiYHLV KLGUDXOLFDPHQWH  5HPRomR H LQVWDODomR
2SHUDomR GRV URORV SUpWRPEDGRUHV 7DOLVFDV GD FRUUHQWH GR HOHYDGRU 
DMXVWiYHLV PHFDQLFDPHQWH  5HPRomR H LQVWDODomR GDV IDFDV GR
5RORV VHPILP GR GLYLVRU GH OLQKD FRUWDGRU GH YLQKDV 
/XEULILFDomR  5HPRomR H LQVWDODomR GDV OkPLQDV GD
FDL[D GH FRUWH GD EDVH  
6 5HPRomR H LQVWDODomR GDV OkPLQDV GD
IDFD ODWHUDO 
6DtGD GH HPHUJrQFLD   5HPRomR H LQVWDODomR GDV OkPLQDV GR
6DQJULD GR DU GR VLVWHPD GH OtTXLGR GH FRUWDGRU GH SRQWDV  
DUUHIHFLPHQWR  5HPRomR H LQVWDODomR GDV OkPLQDV GR
6HJXUDQoD H[WUDWRU SULPiULR  
$ODUPH GH PDUFKD j Up   5HPRomR H LQVWDODomR GDV OkPLQDV GR SLFDGRU  
%X]LQD 5HPRomR H LQVWDODomR GDV VDSDWDV GD HVWHLUD  
$ODYDQFD PXOWLIXQFLRQDO  6XEVWLWXLomR GR ILOWUR GH VHJXUDQoD GR PRWRU 
&LQWRV GH VHJXUDQoD   6XEVWLWXLomR GR ILOWUR SULPiULR GR PRWRU  
&RQGXomR RX WUDQVSRUWH GD FROKHGRUD HP 6XEVWLWXLomR GR SUpILOWUR GH
URGRYLDV S~EOLFDV   FRPEXVWtYHO   
(VWDFLRQDPHQWR GD FROKHGRUD   6XEVWLWXLomR GRV ILOWURV GH FRP
([WLQWRU GH LQFrQGLR    EXVWtYHO  
/RFDLV    7DQTXH GH FRPEXVWtYHO  
([WLQWRU GH LQFrQGLR j EDVH GH iJXD 7URFD GH SQHX 
&DUUHJDPHQWR   7URFD GR yOHR GD FDL[D GH HQJUHQDJHQV
0DQXVHLR GD EDWHULD   GD FDL[D GH FRUWH GD EDVH   
5HFXUVRV GH VHJXUDQoD GD PiTXLQD   7URFD GR yOHR GD FDL[D GH HQJUHQDJHQV
5HJUDV GH VHJXUDQoD SDUD OkPSDGDV GH GR SLFDGRU   
GHVFDUJD GH DOWD LQWHQVLGDGH   7URFD GR yOHR GD UHGXomR ILQDO  
5HJUDV GH VHJXUDQoD SDUD OkPSDGDV KDOyJHQDV   
5HPRomR GH GHWULWRV GH FXOWXUD 7URFD GR yOHR GR PRWRU H VXEVWLWXLomR GR
DFXPXODGRV   ILOWUR   
6DtGD GH HPHUJrQFLD  7URFD GRV ILOWURV KLGUiXOLFRV   
7UDQVSRUWH  9HULILFDomR GD FRQH[mR j WHUUD GR PRWRU  
6HJXUDQoD GHJUDXV H DSRLRV GH PmR 9HULILFDomR GR FDER WHUUD GD FDELQH 
8VDU GHJUDXV H DSRLRV GH PmR FRUUHWDPHQWH  9HULILFDomR GR yOHR GD UHGXomR ILQDO 
6HJXUDQoD HYLWDU IOXLGRV VRE DOWD SUHVVmR 6HUYLoR GR HL[R WUDVHLUR   
(YLWDU IOXLGRV VRE DOWD SUHVVmR   6LQDOHLUD GLUHFLRQDO GLDQWHLUD
6XEVWLWXLomR GD OkPSDGD
/kPSDGD  

&RQWLQXD QD SUy[LPD SiJLQD

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6LQFURQL]DomR GR SLFDGRU
$MXVWH  7
9HULILFDomR 
6LVWHPD GH DUUHIHFLPHQWR  7DEHOD GH LQWHUYDORV GH VHUYLoR
,QVSHomR  KRUDV  
,VRODGRUHV GH YLEUDomR    KRUDV LQLFLDLV  
,VRODGRUHV GH YLEUDomR  KRUDV  
,QVSHomR   KRUDV  
/DYDJHP     KRUDV  
7URFD  KRUDV  
,VRODGRUHV GH YLEUDomR    KRUDV  
6LVWHPD GH OXEULILFDomR    KRUDV  
6LVWHPD GR FRUWDGRU GH SRQWDV   KRUDV  
6LVWHPD GR SLFDGRU   KRUDV  
2SHUDomR    KRUDV  
6LQFURQL]DomR 7DEHODV GH WRUTXH
$MXVWH  0pWULFRV  
9HULILFDomR 3ROHJDGDV XQLILFDGDV 
6LVWHPD HOpWULFR   7DOLVFDV GD FRUUHQWH
$MXVWH GDV OkPSDGDV GH GHVFDUJD GH DOWD 5HPRomR H LQVWDODomR  
LQWHQVLGDGH [HQ{QLR   7DQTXH GH FRPEXVWtYHO
$MXVWH GDV OX]HV KDOyJHQDV GD FDELQH 'UHQDJHP  
$MXVWH RV IDUyLV GD FDELQH  6HUYLoR  
&HQWUDO GH IXVtYHLV   9iOYXOD GH IHFKDPHQWR  
/RFDOL]DomR   7HOD GH LQIRUPDo}HV GR PRWRU  
&HQWUR GH FDUJD   7HQVRU GD FRUUHLD
/RFDOL]DomR   ,QVSHomR  
)XVtYHLV  7HUPRVWDWRV H MXQWDV
5HJUDV GH VHJXUDQoD SDUD OkPSDGDV GH 6XEVWLWXLomR  
GHVFDUJD GH DOWD LQWHQVLGDGH   7RUTXHV
5HJUDV GH VHJXUDQoD SDUD OkPSDGDV KDOyJHQDV  (VSHFLILFDo}HV  
6XEVWLWXLomR 7UDQVPLVVmR
/X] GR PDSD  ,QGLFDGRU GH PDUFKD RX IDL[D 
/X] LQWHUQD GD FDELQH   7UDQVSRUWH
6XEVWLWXLomR GD OkPSDGD GD ODQWHUQD (VWDFLRQDPHQWR GD FROKHGRUD  
GLUHFLRQDO GLDQWHLUD   0RYLPHQWDomR GD FROKHGRUD 
6XEVWLWXLomR GD OkPSDGD GD OX] JLUDWyULD   3URFHGLPHQWR GH FDUJD 
6XEVWLWXLomR GD OkPSDGD GH GHVFDUJD GH 3URFHGLPHQWR GH UHERTXH 
DOWD LQWHQVLGDGH [HQ{QLR   3X[DU D PiTXLQD 
6XEVWLWXLomR GD OkPSDGD GR IDURO GD FDELQH   9LDV S~EOLFDV 
6XEVWLWXLomR GD OkPSDGD KDOyJHQD GD FDELQH  7URFD
6XEVWLWXLomR GDV ODQWHUQDV WUDVHLUDV   $PRUWHFHGRU GH YLEUDomR GR PRWRU 
6XEVWLWXLomR GDV OX]HV GH WDOKmR   )LOWURV KLGUiXOLFRV   
6LVWHPD KLGUiXOLFR ,VRODGRUHV GH YLEUDomR GR PRWRU 
,QVSHomR   ,VRODGRUHV GH YLEUDomR GR SLFDGRU  
7HPSHUDWXUD GR yOHR   ,VRODGRUHV GH YLEUDomR GR VLVWHPD GH
6ROXomR GH 3UREOHPDV DUUHIHFLPHQWR  
$U S DGPLVVmR  ÏOHR GD FDL[D GH HQJUHQDJHQV GD FDL[D
6LVWHPD GH DUUHIHFLPHQWR   GH FRUWH GD EDVH   
6LVWHPD HOpWULFR   ÏOHR GD FDL[D GH HQJUHQDJHQV GH
6XEVWLWXLomR DFLRQDPHQWR GD ERPED  
%ORFRV GR DPRUWHFHGRU WRUFLRQDO   ÏOHR GD FDL[D GH HQJUHQDJHQV GR
)LOWUR GH VHJXUDQoD GR PRWRU   SLFDGRU   
)LOWUR SULPiULR GR PRWRU  ÏOHR GD WUDQVPLVVmR ILQDO   
)LOWURV GH FRPEXVWtYHO    ÏOHR H ILOWUR GR PRWRU   
3UpILOWUR GH FRPEXVWtYHO    ÏOHR KLGUiXOLFR  
7HUPRVWDWRV H MXQWDV 

&RQWLQXD QD SUy[LPD SiJLQD

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9HORFLGDGH Pi[LPD GD FROKHGRUD 


8 9HQWLODomR GR FiUWHU DEHUWR
,QVSHomR  
8VR GH EDWHULD DX[LOLDUFDUUHJDGRU GH EDWHULDV  9HULILFDomR
&LQWRV GH VHJXUDQoD  
9 3UHVVmR GRV SQHXV  
9HULILFDomR GH QtYHO
9DORUHV GH WRUTXH GH SDUDIXVRV H SLQRV &RPEXVWtYHO  
URVFDGRV /tTXLGR GH DUUHIHFLPHQWR GR PRWRU  
0pWULFRV   ÏOHR GD FDL[D GH HQJUHQDJHQV GD FDL[D
3ROHJDGDV XQLILFDGDV  GH FRUWH GD EDVH  
9DORUHV GH WRUTXH GH SDUDIXVRV H SLQRV ÏOHR GD FDL[D GH HQJUHQDJHQV GH
URVFDGRV HP SROHJDGDV XQLILFDGDV   DFLRQDPHQWR GD ERPED 
9DORUHV GH WRUTXH GH SDUDIXVRV H SLQRV ÏOHR GD FDL[D GH HQJUHQDJHQV GR SLFDGRU  
URVFDGRV PpWULFRV  ÏOHR GR PRWRU  
9DORUHV GH WRUTXH GH SHoDV GH IL[DomR ÏOHR KLGUiXOLFR  
0pWULFRV   9HULILFDomR GR SUpILOWUR GH DU GR PRWRU  
3ROHJDGDV XQLILFDGDV  9HULILTXH
9iOYXOD GH FRUWH GH FRPEXVWtYHO  7HQVmR GD FRUUHQWH GR HOHYDGRU 
9iOYXOD GH IHFKDPHQWR 9LGUR GD FDELQH
7DQTXH GH FRPEXVWtYHO   /LPSH]D  
9DULWRUTXH  

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