Tweet
Tweet

Slide 1

Slide 1 text

&RLVDVTXHDSUHQGHPRVXVDQGR 0RQJRLGFRPJUDQGHTXDQWLGDGHGH GDGRV #IDELRSHUUHOOD

Slide 2

Slide 2 text

(PDLO0DUNHWLQJ/RFDZHE Ɣ 6DD6 Ɣ 0XOWL7HQDQW Ɣ *UDQGHTXDQWLGDGHGHGDGRV Ɣ *UDQGHKLVWyULFRGHGDGRV Ɣ 6LVWHPDDQWLJREDVHDGRQRSKSOLVW Ɣ !1RYDSODWDIRUPDHP5DLOV0RQJR'%

Slide 3

Slide 3 text

0RQJR'% Ɣ 6LPSOLFLGDGH Ɣ 6KDUGLQJJUDQGHTWGHGHGDGRV Ɣ 6FKHPDIUHHFDPSRVFXVWRPL]DGRVFRQWDWRVILOWURV Ɣ 5HSOLFD6HW$OWDGLVSRQLELOLGDGH Ɣ 2SHUDo}HV$WRPLFDVLQFDGG7R6HWSXOOSXVK Ɣ 3HUIRUPDQFH Ɣ 0DWXULGDGHPRQJRVS Ɣ $WXDOL]Do}HVFRQVWDQWHV

Slide 4

Slide 4 text

0RQJRLG Ɣ 6LPSOLFLGDGH Ɣ %RDGRFXPHQWDomR Ɣ 0RQJR0DSSHUWLQKDEXJFRPPXLWRV GRFXPHQWRVHPEHGDGRVID]WHPSR Ɣ HHVWiFKHJDQGRDYHUVmRPXLWRPHOKRU

Slide 5

Slide 5 text

,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 6

Slide 6 text

Ɣ DLGHLD0RQJRLGG\QDPLFILHOGVDOORZBG\QDPLFBILHOGV ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 7

Slide 7 text

Ɣ DLGHLD0RQJRLGG\QDPLFILHOGVDOORZBG\QDPLFBILHOGV Ɣ 3UREOHPDV ż 3URWHomRGHFDPSRVLQWHUQRVVWDWXVLGHWF ż 5HVWULomRQRQRPHGRVFDPSRVFXVWRPL]iYHLV ż DOORZBG\QDPLFBILHOGVpJOREDO Ɣ 9DQWDJHQV" ż ,QGLFHQRVFDPSRV ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 8

Slide 8 text

Ɣ DLGHLDILHOGFXVWRPBILHOGVW\SHKDVK ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 9

Slide 9 text

Ɣ DLGHLDILHOGFXVWRPBILHOGVW\SHKDVK Ɣ 9DQWDJHQV ż 3URWHomRGRVFDPSRVLQWHUQRV ż /LEHUGDGHQRQRPHGRVFDPSRV Ɣ 3UREOHPDV" ż ËQGLFHQRVFDPSRV ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 10

Slide 10 text

Ɣ ,QGLFHQDVFKDYHVGHXPKDVKLQFOXVLYHHP FKDYHVTXHQmRH[LVWHP ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 11

Slide 11 text

Ɣ &XLGDGRFRPLQGLFHV Ɣ *HUDomRGHLQGLFHID]ORFNGR'%LQWHLUR ż PLQFROOHFWLRQFRPPLOKRHVGHGRFXPHQWRV Ɣ &XVWRDOWRPHPRULDHVSDoRHPGLVFRHVFULWD ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 12

Slide 12 text

,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV Ɣ 6HRFOLHQWHTXLVHUWURFDURQRPHGRV FDPSRV" Ɣ 7RPDHVVDRSHUDGRUUHQDPH a$OWHUWDEOH

Slide 13

Slide 13 text

Ɣ %XVFDVWLSDGDVVWULQJGDWHLQW &RQWDFWZKHUHFXVWRPBILHOGVGDWH ! ^OW !7LPHSDUVH` Ɣ 2SHUDGRUHVGHFRQGLomR KWWSZZZPRQJRGERUJGLVSOD\'2&6$GYDQFHG4XHULHV ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 14

Slide 14 text

Ɣ %XJQR0RQJR'%RUGHQDomRGHLQGH[ Ɣ &DVH6HQVLWLYHKWWSMLUDPRQJRGE RUJEURZVH6(59(5 Ɣ )L[FULDUFDPSRHPORZHUFDVH ^ BLG2EMHFW,GIGIGDGDEGD HPDLOEE#EEFRP QDPH3RSR/DOD QDPHBOFSRSRODOD ` ,PSOHPHQWDomRGH&DPSRV&XVWRPL]iYHLV

Slide 15

Slide 15 text

%HORQJV7R0DQ\

Slide 16

Slide 16 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż (PEHG'RFXPHQWV ż 9DQWDJHQV Ŷ &RQVXOWDUiSLGDGRVGDGRV ż 'HVYDQWDJHQV Ŷ 7DPDQKRGRGRFXPHQWR Ŷ 3UHFLVDPRVVDEHUDVPHQVDJHQVTXHRVFRQWDWRV UHFHEHUDPUHIHUrQFLD"

Slide 17

Slide 17 text

%HORQJV7R0DQ\

Slide 18

Slide 18 text

%HORQJV7R0DQ\ Ɣ 3UREOHPDV ż 7DPDQKRPi[LPRGHXPGRFXPHQWR0% Ŷ PHOKRUQmRSDVVDUGH.% ż $OWHUQDWLYDTXHEUDUHPFKXQNV!FRPSOH[LGDGH ż *ULGIV"QmR

Slide 19

Slide 19 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\ ż 9DQWDJHQV Ŷ 7DPDQKRGRVGRFXPHQWRVPHQRU" Ŷ &RQVLVWrQFLD ż 'HVYDQWDJHQV Ŷ %XVFD Ŷ 7DPDQKRGRVGRFXPHQWRV

Slide 20

Slide 20 text

%HORQJV7R0DQ\

Slide 21

Slide 21 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\ Ŷ 7DPDQKRGRGRFXPHQWRFRPPLO2EMHFW,GV

Slide 22

Slide 22 text

%HORQJV7R0DQ\ Ɣ 3UREOHPDV ż &RPSOH[LGDGHQRFRGLJRSDUDXVDURQO\ILHOGV

Slide 23

Slide 23 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\

Slide 24

Slide 24 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\

Slide 25

Slide 25 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\ ż 9DQWDJHQV Ŷ 7DPDQKRGRVGRFXPHQWRVPHQRU Ŷ &RQVLVWrQFLD ż 'HVYDQWDJHQV Ŷ %XVFD" Ŷ ,PSOHPHQWDomRIRUDGRSDGUmR

Slide 26

Slide 26 text

%HORQJV7R0DQ\

Slide 27

Slide 27 text

%HORQJV7R0DQ\

Slide 28

Slide 28 text

%HORQJV7R0DQ\ *(0ZLS KWWSVJLWKXEFRPIDELRSHUUHOODPRQJRLGBEHORQJVBWRBPDQ\

Slide 29

Slide 29 text

%HORQJV7R0DQ\ Ɣ 2So}HVGHPRGHODJHP ż +DV$QG%HORQJVWR0DQ\ ż ,QGLFHHPFDPSRVWLSRDUUD\ LQGH[PHVVDJHBLGV

Slide 30

Slide 30 text

0RQJRLPSRUW Ɣ )HDWXUH,PSRUWDomRGHFRQWDWRVHPPDVVD Ɣ 3UREOHPD ż /LVWDVFRPPDLVGHPLOOFRQWDWRV ż &RQFRUUrQFLDHQWUHFOLHQWHV ż 3UHFLVDVHUUiSLGR Ɣ 6ROXomR ż PRQJRLPSRUW

Slide 31

Slide 31 text

0RQJRLPSRUW KWWSZZZPRQJRGE RUJGLVSOD\'2&6,PSRUW([SRUW7RROV,PSRUW([SRUW7RROVPRQJRLPSRUW Ɣ 3RQWRSRVLWLYR ż 9HORFLGDGHPDLVGHPLOGRFXPHQWRVVHJXQGR Ɣ 3RQWRV1HJDWLYRV ż 9DOLGDomRGRVGDGRV ż 1mRH[LVWHFRPRID]HU0HUJHGHGDGRV ż 'LILFLOWUDWDPHQWRGHHUURVURGDQGRFRPV\VWHP

Slide 32

Slide 32 text

0RQJRLPSRUW Ɣ 9DOLGDomRGRVGDGRV

Slide 33

Slide 33 text

0RQJRLPSRUW Ɣ WRBPRQJRBMVRQ ż FDUUHJDUREMHWRFRPGDGRVGR&69HYDOLGDU ż FRQYHUVmRGH2EMHFW,GV ż FRQYHUVmRGHGDWDVWLPHVWDPSHPPLOLVHFRQGV ż FRQYHUVmRGH$UUD\GH2EMHFW,GVUHODFLRQDPHQWRV ż FRQYHUVmRGH+DVKHV ż JHUDU-621QRIRUPDWRGRPRQJRLPSRUW Ɣ %XJGDWDHSRFKKWWSVMLUDPRQJRGERUJEURZVH6(59(5

Slide 34

Slide 34 text

0RQJRLPSRUW Ɣ 0HUJHGHGDGRVQDRH[LVWH ż RSomRXSVHUWDWXDOL]DGRFXPHQWRLQWHLURQmRp SRVVLYHOID]HUPHUJHKWWSVMLUDPRQJRGE RUJEURZVH6(59(5 ż 3(5,*2FRPGDGRVTXHSRGHPVHUDWXDOL]DGRV SRURXWUROXJDUFRXQWVHWF ż 6ROXomRFROOHFWLRQXSGDWH

Slide 35

Slide 35 text

0RQJRLPSRUW Ɣ 0HUJHGHGDGRVQDRH[LVWH ż FROOHFWLRQXSGDWHDSHQDVQRVFDPSRVTXH SUHFLVDPVHUDWXDOL]DGRV

Slide 36

Slide 36 text

0RQJRLPSRUW Ɣ 7UDWDPHQWRGHHUURV

Slide 37

Slide 37 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ KWWSHQZLNLSHGLD RUJZLNL/LQHDUL]DELOLW\([DPSOHBDWRPLFBRSHUDWLRQ Ɣ KWWSHQZLNLSHGLDRUJZLNL&RPSDUHDQGVZDS

Slide 38

Slide 38 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ KWWSZZZPRQJRGERUJGLVSOD\'2&68SGDWLQJ Ɣ LQF Ɣ VHWXQVHW Ɣ SXVK Ɣ SXVK$OO Ɣ DGG7R6HWHHDFK Ɣ SRSSXOO Ɣ SXOO$OO Ɣ UHQDPH

Slide 39

Slide 39 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ LQFLQFUHPHQWDXPQ~PHUR ż SRGHVHUXVDGRFRPFDPSRQLO

Slide 40

Slide 40 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ LQF ż SRGHVHUXVDGRHPKDVKHVPHVPRYD]LRV

Slide 41

Slide 41 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ LQFFRPPXOWLWUXHHP1GRFXPHQWRV ż VRPHQWHFRPRFROOHFWLRQXSGDWHQRPRQJRLG

Slide 42

Slide 42 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ VHWVHWDYDORUGHXPFDPSR ż QRPRQJRLGVypSRVVtYHODWXDOL]DUFDPSRFRPRVHW

Slide 43

Slide 43 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ DGG7R6HW ż LQVHUHHOHPHQWRHPXPDUUD\VHMiQmRH[LVWLUQHOH ż SRGHID]HUPDLVGHXPDRSHUDomRSRUYH]SRUH[HPSOR FRP,1&

Slide 44

Slide 44 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ DGG7R6HWFRPHDFK ż LQVHUH1HOHPHQWVRHPXPDUUD\VHQmRH[LVWLUHPQHOH

Slide 45

Slide 45 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ SXOOSXOO$OO ż UHPRYH1HOHPHQWRVGHXPDUUD\

Slide 46

Slide 46 text

8SGDWLQJ$WRPLF2SHUDWRUV Ɣ UHQDPH ż UHQRPHLDQRPHGHFDPSRVLQFOXVLYHGHKDVKHV

Slide 47

Slide 47 text

6KDUGLQJ Ɣ 1mRGHL[HSUDGHSRLVVHMiVDEHTXHYDLSUHFLVDU ż WHPSRSDUDLPSOHPHQWDomRWHVWHV ż VKDUGEDODQFLQJSRGHVREUHFDUUHJDUPDTXLQDVHMD HVWLYHUQROLPLWH ż DOJXPDVFRLVDVQmRIXQFLRQDPRXQmRIXQFLRQDP GLUHLWRFRPVKDUGH[HPSOR Ŷ FRXQWV Ŷ PRQJRGEXQLTXHLQGH[

Slide 48

Slide 48 text

6KDUGLQJ Ɣ QmRGHL[HSUDGHSRLVVHMDVDEHTXHYDLSUHFLVDU ż PRQJRLGVKDUGBNH\VHQDRWLYHUGiHUURHPXSGDWH LQVHUWV

Slide 49

Slide 49 text

6KDUGLQJ Ɣ QmRGHL[HSUDGHSRLVVHMDVDEHTXHYDLSUHFLVDU ż 6DIHPRGHOLJDUQRWHVWGHYHORSPHQWGHVOLJDUHPSURG

Slide 50

Slide 50 text

6KDUGLQJ Ɣ PRQJR6FRQILJ6HUYHUUHSOLFD6HWPRQJR'%

Slide 51

Slide 51 text

6KDUGLQJ Ɣ &KXQNVVSOLWWLQJHEDODQFLQJ ż &KXQNSHGDoRGHXPDFROOHFWLRQ ż 6SOLWWLQJTXHEUDGHFKXQNTXDQGRILFDJUDQGH0 ż %DODQFLQJPRYHUFKXQNSDUDRXWURVKDUGTXDQGRRDWXDOHVWi PDLVFKHLR

Slide 52

Slide 52 text

6KDUGLQJ Ɣ &KXQNVVSOLWWLQJHEDODQFLQJ ż ([HPSOR&ROOHFWLRQ8VHUVFRPFDPSRPrVGHDQLYHUViULR ż 6KDUGLQJNH\PrVGHDQLYHUViULR &RPHoR )LP 6KDUG IHYHUHLUR PDUoR $ VHWHPEUR LQILQLWR $ &RPHoR )LP 6KDUG LQILQLWR IHYHUHLUR % PDUoR VHWHPEUR %

Slide 53

Slide 53 text

6KDUGLQJ Ɣ &KXQNVVSOLWWLQJHEDODQFLQJ ż DSyVVSOLWWLQJ &RPHoR )LP 6KDUG IHYHUHLUR MXQKR $ MXQKR PDUoR $ VHWHPEUR LQILQLWR $ &RPHoR )LP 6KDUG LQILQLWR IHYHUHLUR % PDUoR VHWHPEUR %

Slide 54

Slide 54 text

6KDUGLQJ Ɣ (VFROKDGDVKDUGNH\ ż ,WLVLPSRUWDQWWRFKRRVHWKHULJKWVKDUGNH\IRUDFROOHFWLRQ,I WKHFROOHFWLRQLVJLJDQWLFLWLVGLIILFXOWWRFKDQJHWKHNH\ODWHU :KHQLQGRXEWSOHDVHDVNIRUVXJJHVWLRQVLQWKHVXSSRUW IRUXPVRU,5&DOLQKDQRVLWHGRPRQJRGE

Slide 55

Slide 55 text

6KDUGLQJ Ɣ (VFROKDGDVKDUGNH\ ż SHQVDUQDHVFULWDHOHLWXUDGRVGDGRV Ŷ ORDGEDODQFLQJQDHVFULWDGHYHGLYLGLUGDGRVHQWUHRV VKDUGV Ŷ QDOHLWXUDWHQWDUQmRYDUUHUYiULRVVKDUGVSDUDWHUD UHVSRVWD

Slide 56

Slide 56 text

6KDUGLQJ Ɣ (VFROKDGDVKDUGNH\ ż FRPRQmRGHYHVHU Ŷ ORZFDUGLQDOLW\SRUH[HPSORFRQWLQHQWHVDIULFDDPHULFD HXURSD Ŷ DVFHQGLQJVKDUGNH\SRUH[HPSORREMHFWLGYDLFRQFHQWUDU WRGDVOHLWXUDVHHVFULWDVHPXPVKDUG Ŷ UDQGRPVKDUGNH\SRUH[HPSORPGTXDVHVHPSUHYDL SUHFLVDUMXQWDURVGDGRVGHYDULRVFKXQNVQDRYDL FRQVHJXLUGHL[DUGDGRVSDUHFLGRVMXQWRV

Slide 57

Slide 57 text

6KDUGLQJ Ɣ (VFROKDGDVKDUGNH\ ż UHFRPHQGDGRREMHFWLGVHDUFKNH\ ([HPSOR ,QLFLR )LP 6KDUG LQILQLWR $IULFD $ $IULFD $IULFD % $IULFD (XURSD $ (XURSD (XURSD % (XURSD LQILQLWR %

Slide 58

Slide 58 text

5HSOLFDVHW Ɣ 3UHILUDHVFDODUXVDQGRVKDUGVHQmRUHSOLFDVHWVFRPOHLWXUDQRV VHFXQGiULRVODYHBRN WUXHQR0RQJRLG Ɣ /HLWXUDLQVHJXUD1RVVHFXQGiULRVSRGHPKDYHUGDGRVDQWLJRV Ɣ $LQGDHPHVWXGRSRUQyV ż HVWUDWpJLDGHEDFNXSHPVHFXQGiULRV ż FRPSDFWDomRGHGDGRVQRVVHFXQGiULRV ż MRXUQDOLQJKDELOLWDGRDSHQDVQRVHFXQGiULRGHEDFNXS

Slide 59

Slide 59 text

0RQLWRUDomR Ɣ PRQJRVWDWGLVFRYHU

Slide 60

Slide 60 text

0RQLWRUDomR Ɣ GEVWDWV Ɣ GEFROOHFLRQ1DPHVWDWV Ɣ UVVHUYHU6WDWXV Ɣ UVVWDWXV Ɣ GEFXUUHQW2S Ɣ 0RQJR'%0RQLWRULQJ6HUYLFH006 ż 6DD6 ż )UHH

Slide 61

Slide 61 text

7HVWHVGHFDUJD Ɣ YHORFLGDGHGHHVFULWDH[LPSRUWDomRGHFRQWDWRV Ɣ DPELHQWHGHKRPRORJDomRURGDQGRFRPEDVHFDUUHJDGD Ɣ DQDOLVDUTXHULHVOHQWDVFRPH[SODLQQRFRQVROHGRPRQJR Ɣ VLPXODUFDVRVH[WUHPRVH[FOLHQWHJUDQGHFRPPXLWRVFRQWDWRV Ɣ GHILQLUOLPLWHVGHVHJXUDQoD