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Ϭ͕ϯϬǁͬŵϸ< hŵĂdž͗ Ϯ͕ϯǁͬŵϸ< h͗ϯ͕Ϯǁͬŵϸ< ϭƌĞŶͬŚŽƌĂ hĐƵďŝĞƌƚĂ hŵŝŶ Ϭ͕ϮϮǁͬŵϸ< ϭ͕ϵǁͬŵϸ< hƐƵĞůŽ &ĂĐƚŽƌƐŽůĂƌ;ŐͿ Ϭ͕Ϯϱǁͬŵϸ< Ϭ͕ϳ ĂůĚĞƌĂ dŝƉŽĞŶĞƌպà ŵŝƐŽƌĞƐ ƐƚĄŶĚĂƌ 'ĂƐŶĂƚƵƌĂů ZĂĚŝĂĚŽƌĞƐĐŽŶǀĞŶĐŝŽŶĂůĞƐ й^ĐƵďŝĞƌƚŽƉŽƌĞŶĞƌŐşĂƐŽůĂƌ ŽƐƚĞĐŽŶƐƚƌƵĐĐŝſŶ ŽŶƐƵŵŽŶĞƌŐşĂĨŝŶĂů ŚŽƌƌŽƌĞƐƉĞĐƚŽĚ͘ƐƚĄŶĚĂƌŶĞƌŐşĂĨŝŶĂů ϳϬй ϴϰϯ͕ϳϲΦͬŵϸ ϲϭ͕ϲϬ<ǁŚͬŵϸĂŹŽ Ϭ͕ϲϯΦͬŵϸĂŹŽ ŽƐƚĞ Ϯ͕ϵϮΦͬŵϸĂŹŽ WZKWh^dϴ;ϭϱ͕ϳ<ŐKЇͬŵϸͿ ŝƐĞŹŽ ŶǀŽůǀĞŶƚĞ ^ŝƐƚĞŵĂƐĚĞ ŐĞƐƚŝſŶ ĞŶĞƌŐĠƚŝĐĂ Ϭй WĞƌƐŝĂŶĂƐϱϬйK^d ZĞĚƵĐĐŝſŶйŚƵĞĐŽƐ ĐĞƌƌĂŵŝĞŶƚŽƐ ŚƵĞĐŽƐ ǀŝĚƌŝŽƐ ŵĂƌĐŽƐ sĞŶƚŝůĂĐŝſŶ dŝƉŽ WƌŽƚĞĐĐŝſŶŚƵĞĐŽƐ ĂůĚĞƌĂ dŝƉŽĞŶĞƌպà ŵŝƐŽƌĞƐ ŽůĞĐƚŝǀŽŵŝdžƚŽ ŽŶĚĞŶƐĂĐŝſŶ;ϮͿ 'ĂƐŶĂƚƵƌĂů ^ƵĞůŽZĂĚŝĂŶƚĞ hŵƵƌŽƐ Ϭ͕ϲϱǁͬŵϸ< hŵĂdž͗ Ϯ͕ϯǁͬŵϸ< h͗ϯ͕Ϯǁͬŵϸ< ϭƌĞŶͬŚŽƌĂ hĐƵďŝĞƌƚĂ hŵŝŶ Ϭ͕ϯϴǁͬŵϸ< ϭ͕ϵǁͬŵϸ< й^ĐƵďŝĞƌƚŽƉŽƌĞŶĞƌŐşĂƐŽůĂƌ ϳϬй ŽƐƚĞĐŽŶƐƚƌƵĐĐŝſŶ ϴϰϭ͕ϲϭΦͬŵϸ ŽƐƚĞ ŽŶƐƵŵŽŶĞƌŐşĂĨŝŶĂů ϱϳ͕ϰϬ<ǁŚͬŵϸĂŹŽ ŚŽƌƌŽƌĞƐƉĞĐƚŽĚ͘ƐƚĄŶĚĂƌŶĞƌŐşĂĨŝŶĂů Ϭ͕ϱϴΦͬŵϸĂŹŽ hƐƵĞůŽ &ĂĐƚŽƌƐŽůĂƌ;ŐͿ Ϭ͕ϯϵǁͬŵϸ< Ϭ͕ϳ Ϯ͕ϵϴΦͬŵϸĂŹŽ 35(&267()$6(, (9$/8$&,Ï1 '( /26 &267(6 &216758&7,926 < &2168026 (1(5*e7,&26 '(5,9$'26 '( /$ &$/,),&$&,Ï1(1(5*e7,&$'(9,9,(1'$6 WZKWh^dϵ;ϭϱ͕ϲ<ŐKЇͬŵϸͿ ZĞĚƵĐĐŝſŶйŚƵĞĐŽƐ ĐĞƌƌĂŵŝĞŶƚŽƐ ŚƵĞĐŽƐ ǀŝĚƌŝŽƐ ŵĂƌĐŽƐ sĞŶƚŝůĂĐŝſŶ ^ŝƐƚĞŵĂƐ ĚĞ dŝƉŽ ŝƐĞŹŽ ŶǀŽůǀĞŶƚĞ ŐĞƐƚŝſŶ ĞŶĞƌŐĠƚŝĐĂ /ŶĚŝǀŝĚƵĂůŵŝdžƚŽ Ϭй WĞƌƐŝĂŶĂƐϱϬйK^d WƌŽƚĞĐĐŝſŶŚƵĞĐŽƐ hŵƵƌŽƐ Ϭ͕ϲϱǁͬŵϸ< hŵĂdž͗ Ϯ͕ϯǁͬŵϸ< h͗ϯ͕Ϯǁͬŵϸ< ϭƌĞŶͬŚŽƌĂ hĐƵďŝĞƌƚĂ hŵŝŶ Ϭ͕ϯϴǁͬŵϸ< ϭ͕ϵǁͬŵϸ< hƐƵĞůŽ &ĂĐƚŽƌƐŽůĂƌ;ŐͿ ĂůĚĞƌĂ dŝƉŽĞŶĞƌպà ŵŝƐŽƌĞƐ ŽŶĚĞŶƐĂĐŝſŶ 'ĂƐŶĂƚƵƌĂů ^ƵĞůŽƌĂĚŝĂŶƚĞ ϳϬй й^ĐƵďŝĞƌƚŽƉŽƌĞŶĞƌŐşĂƐŽůĂƌ ŽƐƚĞĐŽŶƐƚƌƵĐĐŝſŶΦͬŵϸ ŽŶƐƵŵŽŶĞƌŐşĂĨŝŶĂů ŚŽƌƌŽƌĞƐƉĞĐƚŽĚ͘ƐƚĄŶĚĂƌŶĞƌŐşĂĨŝŶĂů Ϭ͕ϯϵǁͬŵϸ< Ϭ͕ϳ ϴϰϬ͕ϯϰΦͬŵϸ ϱϲ͕ϴϬ<ǁŚͬŵϸĂŹŽ Ϭ͕ϲϬΦͬŵϸĂŹŽ ŽƐƚĞ Ϯ͕ϵϲΦͬŵϸĂŹŽ WZKWh^dϭϬ;ϭϰ͕ϯ<ŐKЇͬŵϸͿ ZĞĚƵĐĐŝſŶйŚƵĞĐŽƐ ĐĞƌƌĂŵŝĞŶƚŽƐ ŚƵĞĐŽƐ ǀŝĚƌŝŽƐ ŵĂƌĐŽƐ sĞŶƚŝůĂĐŝſŶ ^ŝƐƚĞŵĂƐ ĚĞ dŝƉŽ ŝƐĞŹŽ ŶǀŽůǀĞŶƚĞ ŐĞƐƚŝſŶ ĞŶĞƌŐĠƚŝĐĂ /ŶĚŝǀŝĚƵĂůŵŝdžƚŽ Ϭй hĐƵďŝĞƌƚĂ hŵŝŶ WĞƌƐŝĂŶĂƐϱϬйK^d Ϭ͕ϭϱǁͬŵϸ< ϭ͕ϵǁͬŵϸ< hƐƵĞůŽ &ĂĐƚŽƌƐŽůĂƌ;ŐͿ Ϭ͕ϭϱǁͬŵϸ< Ϭ͕ϳ ĂůĚĞƌĂ dŝƉŽĞŶĞƌպà ŵŝƐŽƌĞƐ ŽŶĚĞŶƐĂĐŝſŶ 'ĂƐŶĂƚƵƌĂů ZĂĚŝĂĚŽƌĞƐĐŽŶǀĞŶĐŝŽŶĂůĞƐ й^ĐƵďŝĞƌƚŽƉŽƌĞŶĞƌŐşĂƐŽůĂƌ ŽƐƚĞĐŽŶƐƚƌƵĐĐŝſŶΦͬŵϸ ŽŶƐƵŵŽŶĞƌŐşĂĨŝŶĂů ŚŽƌƌŽƌĞƐƉĞĐƚŽĚ͘ƐƚĄŶĚĂƌŶĞƌŐşĂĨŝŶĂů WƌŽƚĞĐĐŝſŶŚƵĞĐŽƐ hŵƵƌŽƐ Ϭ͕ϭϱǁͬŵϸ< hŵĂdž͗ Ϯ͕ϯǁͬŵϸ< h͗ϯ͕Ϯǁͬŵϸ< ϭƌĞŶͬŚŽƌĂ ϳϬй ϴϱϴ͕ϱϱΦͬŵϸ ϱϭ͕ϵϬ<ǁŚͬŵϸĂŹŽ Ϭ͕ϴϴΦͬŵϸĂŹŽ ŽƐƚĞ Ϯ͕ϲϴΦͬŵϸĂŹŽ 35(&267()$6(, (9$/8$&,Ï1 '( /26 &267(6 &216758&7,926 < &2168026 (1(5*e7,&26 '(5,9$'26 '( /$ &$/,),&$&,Ï1(1(5*e7,&$'(9,9,(1'$6 &$/,),&$&,Ï1% 2EWHQHU XQD % GHVGH HO HGLILFLR HVWiQGDU UHGXFLHQGR OD WUDQVPLWDQFLD GH ORV FHUUDPLHQWRV KDVWD:Pð.\PHMRUDQGRHOVLVWHPDLQGLYLGXDOL]DGRPL[WRPHGLDQWHODVXVWLWXFLyQGH ODVFDOGHUDVHVWiQGDUSRURWUDVGHFRQGHQVDFLyQ3URSXHVWDQRHVSRVLEOH 6LQHPEDUJRVtVHFRQVLJXHDXPHQWDUODFDOLILFDFLyQDXQD%3URSXHVWDVLDGHPiVVH UHDOL]DQODVVLJXLHQWHVDFWXDFLRQHV 6REUH HO GLVHxR GHO HGLILFLR UHGXFLHQGR DO HO SRUFHQWDMH GH KXHFRV GH ODV IDFKDGDVRULHQWDGDVDOQRUWH\FRQVLGHUDQGRTXHHQODVRULHQWDFLRQHVVXU\HVWHODV SHUVLDQDVFXEUHQHOGHORVKXHFRVHQYHUDQR 6REUHODHQYROYHQWHUHGXFLHQGRODVUHQRYDFLRQHVKRUDD 6REUHORVVLVWHPDVGHJHVWLyQHQHUJpWLFDDXPHQWDQGRODGHPDQGDGH$&6FXELHUWD SRUHQHUJtDVRODUDO (OFRVWHGHODFRQVWUXFFLyQHQHVWHFDVRHVGH¼PðORTXHVXSRQHXQDDXPHQWR GHOFRQUHVSHFWRDOSUR\HFWREDVH\GHOUHVSHFWRDOHGLILFLRHVWiQGDU (OFRQVXPRHQHQHUJtDILQDOHVGH.ZKPðDxRFRQXQFRVWHGH¼PðDxR(VWR VXSRQHXQDKRUURUHVSHFWRDOHGLILFLRHVWiQGDUGH¼PðDxR 6H FRQWLQ~D HQ OD FDOLILFDFLyQ % D~Q UHGXFLpQGRVH ODV HPLVLRQHV UHDOL]DQGR ODV VLJXLHQWHV PRGLILFDFLRQHVFRQUHVSHFWRDODSURSXHVWDDQWHULRU 6XVWLWXFLyQGHOVLVWHPDLQGLYLGXDOL]DGRSRUXQRFROHFWLYRPL[WRFRQJDVQDWXUDOGRV FDOGHUDVGHFRQGHQVDFLyQ\UDGLDGRUHVFRQYHQFLRQDOHV3URSXHVWD 6XVWLWXFLyQGHOVLVWHPDLQGLYLGXDOL]DGRSRUXQRFROHFWLYRPL[WRFRQJDVQDWXUDOGRV FDOGHUDVGHFRQGHQVDFLyQ\VXHORUDGLDQWH3URSXHVWD 6XVWLWXFLyQGHOVLVWHPDLQGLYLGXDOL]DGRSRUXQRFROHFWLYRPL[WRFRQJDVQDWXUDOGRV FDOGHUDV GH FRQGHQVDFLyQ \ VXHOR UDGLDQWH \ PHMRUD GH KXHFRV UHGXFLHQGR VX WUDQVPLWDQFLD D YDORUHV HQWUH \ :Pð. 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