8/18/2019 Informe 1 Pm 2016

1/82

!"#$%&'#()( (% +)&),)-./

%'-!%0) !"#$%&'#+)) (% #"1%"#%&2) %03-+-)4 %0%-+&5"#-)/ 

%'-!%0) !"#$%&'#+)) (% #"1%"#%&2) 6%-)"#-)/ 

! " # % & ' # ) * + ' , - , . & , + , 0 1 " , #

!"#$% '( )"*+

4'789:;< =>?@8AG

40@>E -8A )B7:J>A:;< 5G

4I:>A< K@>EC8 -EL>CB>;5(67* '( (4)"(3*- OP F8 )QA>B F8B R

8/18/2019 Informe 1 Pm 2016

2/82

"#  $%&'()*++,-%.

/0 1(0 21 *%3 4*2%&2 ,%35(&3602 7 5'3&*,&3 )2 2%2'5839 &,2%2 *% :(&2%+,30 2%2'5;&,+(

8/18/2019 Informe 1 Pm 2016

3/82

P#  T6?2&,A(1

P#" T6?2&,A( 52%2'30

U2%2'3' *%3 2%2'583 0,*,:(1 %2+213',(1 :3'3 03 '230,C3+,-% )20 :'(72+&(#

• 

Y230,C3' 0(1 +@0+*0(1 +(''21:(%),2%&21 :3'3 A2' +*3%&(1 :3%2021 4(&(A(0&3,+(1 12*&,0,C3'3% 2% 03 :03%&39 +*3%&(1 )2 200(1 ,'@% 2% 12',2 7 2% :3'3020( 7 21&,*2 &2%)'@ 03 :03%&3 1(03' 4(&(A(0&3,+3#

•  X*1+3' 0(1 :'(A22)('21 :3'3 +(%125*,' 0(1 2>*,:(1 7 6*1+3' *%3 2*,:(1 %2+213',(1#

Z3 >*2 H=,02 :'212%&3 *%( 0(1 *2 ),1:(%53)20 1*4,+,2%&2 21:3+,( :3'3 03 ,%1&303+,-% )2 0(1 :3%2021 1(03'21 7 20 +*30 123,)230

8/18/2019 Informe 1 Pm 2016

4/82

'2+*'1( 35(&3602 )26,)( 3 >*2 12 +(%1*

8/18/2019 Informe 1 Pm 2016

5/82

'2>*,2'3# V,9 :(' 20 +(%&'3',(9 :'2&2%)2*2 3:'(A2+=3 03 2%2'583 >*2 :'(:('+,(%3 20 1(0# /0 1(0 21 *%34*2%&2 ,%35(&3602 )2 2%2'5839 :(' &3%&( 1* :'()*++,-% )2 2%2'583 21 +8+0,+3 7 %*%+3&2'

8/18/2019 Informe 1 Pm 2016

6/82

 

b21A2%&3?31 )2 03 /%2'583 V(03' a(&(A(0&3,+3

V, 6,2% 21 +,2'&( >*29 +(*2 0(1 436',+3%&21 3125*'3% >*2 12 3*2 (6&2%2' '2%&36,0,)3) 12 3%&(?3 +(*,2' +31(90(1 ,%+(%A2%,2%&21 >*2 :'212%&3 1(% 1*613%36021 7 1(% *2D3 :3'&2 )20( >*2 21&3 2%2'583 %(1 :*2)2 3:('&3'#

8/18/2019 Informe 1 Pm 2016

7/82

 

a*&*'(

M3 5'3% 3:*21&3 )20 4*&*'( 21&@ 2% 031 +;0*031 1(03'21 ('5@%,+319 >*2 1(% +;0*031 >*2 21&@%=2+=31 2% 6312 :(08

8/18/2019 Informe 1 Pm 2016

8/82

 

Q#" M2A3%&3*2 (',2%&3 1* &'363?( 3 03 2R+202%+,39 >*2 2?2+*&3

0(1 :'(+21(1 +(% 30&3 +30,)3) 7 *&,0,C3 2% 4('

8/18/2019 Informe 1 Pm 2016

9/82

Hi$jJJjUQP )2%(

8/18/2019 Informe 1 Pm 2016

10/82

B3603 G. ,''3),3+,-% 50(630

8/18/2019 Informe 1 Pm 2016

11/82

B3603 X. &3603 )2 ,''3),3+,-% 50(6309

8/18/2019 Informe 1 Pm 2016

12/82

 

8/18/2019 Informe 1 Pm 2016

13/82

 

8/18/2019 Informe 1 Pm 2016

14/82

 

8/18/2019 Informe 1 Pm 2016

15/82

 

8/18/2019 Informe 1 Pm 2016

16/82

B3603 H. &3603 )2 '3),3+,-% &(&30 =('3',39 :'(

8/18/2019 Informe 1 Pm 2016

17/82

 

8/18/2019 Informe 1 Pm 2016

18/82

 K3:31 )2 ,''3),3+,-% 2% 20 %('&2 )2 H=,02#

8/18/2019 Informe 1 Pm 2016

19/82

 

8/18/2019 Informe 1 Pm 2016

20/82

Q#"#Q# /%2'583 1(03' 4(&(A(0&3,+3

M3 2%2'583 1(03' 4(&(A(0&3,+3 21 *%3 4*2%&2 )2 2%2'583 >*2 :'()*+2 202+&',+,)3) )2 (',52%'2%(A36029 (6&2%,)3 ),'2+&3

8/18/2019 Informe 1 Pm 2016

21/82

 M3 +(%)*++,-% 20;+&',+3 21&@ 3125*'3)3 :(' 21&(1 :('&3)('21 )2 +3'539 >*2 12 )21:03C3%:(' &()( 20 *2 0(1 =*2+(1 =3% )213:3'2+,)(F_ 20 +(%?*%&( 4('*2 1(0( :2'*2D31 :3'&8+*031 +',1&30,C3)31#

4  G

8/18/2019 Informe 1 Pm 2016

22/82

V* 242+&,A,)3) 21

8/18/2019 Informe 1 Pm 2016

23/82

Q#"#Q#Q# Y2+,+03?2 )2

8/18/2019 Informe 1 Pm 2016

24/82

Q#"#Q# K3'+( 02530 2 ,%1&,&*+,(%30Q#"#Q#"# W('*,:(1 /0;+&',+(1#

b#V# Wt kIjpk9 K,%,1&2',( )2 B'3%1:('&2 7 B202+(

8/18/2019 Informe 1 Pm 2016

25/82

 

G)2*2 +(%1&3% 2% 20 2R:2),2%&2 )2 2A30*3+,-%9 )262,%),+3'12 >*2 03 2?2+*+,-% )20 :'(72+&( '2>*,2'2 )2 0(1 :2'*2 12 '24,2'2 20 125*%)( ,%+,1( )20 3'&8+*0( "k" )20 b#a#M# Wt "#"PP )2 "pl"9 )20K,%,1&2',( )2 m*1&,+,39 H-),5( )2 G5*31#

G)2*2 +(%1&3% 2% 202R:2),2%&2 )2 2A30*3+,-%9 )262 ,%),+3'12 >*2 20 :'(72+&( %( 52%2'3 %, :'212%&3 %,%5*%3)2 &3021 242+&(19 +3'3+&2'81&,+31 7 +,'+*%1&3%+,31.

H(% '203+,-% 3 0(1 242+&(19 +3'3+&2'81&,+31 ( +,'+*%1&3%+,31 12D303)(1 2% 20 3'&8+*0( "" )2 03M27 Wt "l#QJJ 02&'3 3F. Y,215( :3'3 03 130*) )2 03 :(603+,-%9 )26,)( 3 03 +3%&,)3) 7 +30,)3))2 240*2%&219 2

8/18/2019 Informe 1 Pm 2016

26/82

 H(% '203+,-% 3 0(1 242+&(19 +3'3+&2'81&,+31 ( +,'+*%1&3%+,31 12D303)(1 2% 20 3'&8+*0( "" )2 03M27 Wt "l#QJJ 02&'3 +F. Y2312%&3*2(0-5,+(9 =,1&-',+( 7 2% 52%2'309 0(1 :2'&2%2+,2%&21 30 :3&',

8/18/2019 Informe 1 Pm 2016

27/82

Y2503*2 21&3602+2 031 ),1:(1,+,(%21 3:0,+36021 3 0(1 12'A,+,(1+(

8/18/2019 Informe 1 Pm 2016

28/82

4  Y2503*2D(1 *2 ,%&'()*+2

8/18/2019 Informe 1 Pm 2016

29/82

Y2503*2 :(1&*02 30 1*61,),( )262'@ )3' +(%2R,-% 3 30 *,+,3 &',6*&3',3 c>*2 A3 2%&'2 *% PJh 3 *% "JJh )20 A30(' )201,1&2*,+,3 &',6*&3',3 :3'3 +(02+&('21 1(03'21 Eb2+'2&( QQ"F

W('

8/18/2019 Informe 1 Pm 2016

30/82

Q#g /&3:3 )2 363%)(%(

/13 2&3:3 12 ,%,+,3 +*3%)( (+*''2 20 +212 )2 03 ,%72++,-% )2 2%2'583 30 1,1&2*2 20 :2',()( )24*%+,(%3

8/18/2019 Informe 1 Pm 2016

31/82

 I# G0&2'%3&,A31 &;+%,+31

I#" G0&2'%3&,A31 )2 *6,+3+,-%

G0&2'%3&,A3 Wt" :3'3 03 ,%1&303+,-% )2 03 :03%&3 1(03' 4(&(A(0&3,+3.

/1&3 12 2%+*2%&'3 2%&'2 0(1 A30021 )2 GC3:3 7 M0*&3 2% 03 '*&3 Gc"gQ 03 +*30 *%2 3

8/18/2019 Informe 1 Pm 2016

32/82

G0&2'%3&,A3 WtP :3'3 03 ,%1&303+,-% )2 03 :03%&3 1(03' 4(&(A(0&3,+3.

/1&3 30&2'%3&,A3 12 2%+*2%&'3 2% 03 :3%3

8/18/2019 Informe 1 Pm 2016

33/82

G0&2'%3&,A3 WtQ :3'3 03 :03%&3 1(03' 4(&(A(0&3,+3./1&3 30&2'%3&,A3 12 2%+*2%&'3 2%&'2 03 0(+30,)3) )2 03 i*37+3 7 [,+3 :(' 03 '*&3 GcSSI9 2% 03'25,-% )2 B3'3:3+@#

w B2''2%( *6,+3)( 3 3:'(R,*2#

w B2''2%( 3*2 12 2%+*2%&'3 +2'+3%( 3 2

8/18/2019 Informe 1 Pm 2016

34/82

G0&2'%3&,A3 Wtg :3'3 03 :03%&3 1(03' 4(&(A(0&3,+3.

/1&3 30&2'%3&,A3 12 2%+*2%&'3 2% 031 +2'+3%831 )2 03 +(

8/18/2019 Informe 1 Pm 2016

35/82

I#P G0&2'%3&,A31 )2 2>*,:3*2 +(%1,)2'2

03

8/18/2019 Informe 1 Pm 2016

36/82

/1&'*+&*'31 :3'3

8/18/2019 Informe 1 Pm 2016

37/82

 

8/18/2019 Informe 1 Pm 2016

38/82

 

/1&'*+&*'3 VVciNciTY 4,?3)3 2% C3:3&31 )2 =('

8/18/2019 Informe 1 Pm 2016

39/82

8/18/2019 Informe 1 Pm 2016

40/82

 

G[lJ V$WUM/cGy$V BYGHz/Y

/0 G[lJ 21 03

8/18/2019 Informe 1 Pm 2016

41/82

 

8/18/2019 Informe 1 Pm 2016

42/82

 

B2

8/18/2019 Informe 1 Pm 2016

43/82

B2

8/18/2019 Informe 1 Pm 2016

44/82

G +(%&,%*3+,-% 12 :'212%&3% ),42'2%&21 &,:(1 )2 :3%2021.

[3%20 1(03' +(% &2+%(0(583 :(0,+',1&30,%3 )2 iYcQ"JL#

8/18/2019 Informe 1 Pm 2016

45/82

 

H3'3+&2'81&,+31 :3%20 1(03' )2 iYcQ"J 7 iYcQgJ L '21:2+&,A3

8/18/2019 Informe 1 Pm 2016

46/82

/% 03 1,5*,2%&2 &3603 12 &,2%2% 0(1 )3&(1 %2+213',(1 :3'3 20 +@0+*0( )2 0(1

8/18/2019 Informe 1 Pm 2016

47/82

"g IgS9"I"Skg gSQ9lggSpk Skg9QpkS"P

"I IpI9"SPIJp glk9JpQIlg kPP9IIp"IS

"S SPg9"kQQg" IQJ9PPPI kkJ9kPpk

"k SSQ9"pg"kI ISQ9QS"gJS p"p9pllPgg

"p kJP9"lIJJl IlS9IJJQ"P pSk9JSlkpk

"l kg"9PJIpgQ SPl9SQlP"l l"I9PgJQQ"PJ kpJ9P"SSkk SSP9kkp"PI lSQ9g"JpkI

B3603 "H(% &()31 21&31 0,

8/18/2019 Informe 1 Pm 2016

48/82

"k SSQ9"pg"kI ISQ9QS"gJS p"p9pllPgg

"p kJP9"lIJJl IlS9IJJQ"P pSk9JSlkpk

"l kg"9PJIpgQ SPl9SQlP"l l"I9PgJQQ"

PJ kpJ9P"SSkk SSP9kkp"PI lSQ9g"JpkI

B3603 P

H(% &()31 21&31 0,

8/18/2019 Informe 1 Pm 2016

49/82

H(% &()31 21&31 0,

8/18/2019 Informe 1 Pm 2016

50/82

""gI9IkSgI l9J" "PI J9JJJII IS9P PI

""pP9PQgl l9J" "Pl J9JJJII IS9P PI

""l"9QllI" l9J" "QJ J9JJJII IS9P PI

""SQ9lJISk l9J" "Pk J9JJJII IS9P PI

B3603 g

H(% 031 4-'

8/18/2019 Informe 1 Pm 2016

51/82

PgQk9kpSSl l9J" PSS J9JJJII IS9P PI

PggS9lI"Q l9J" PSk J9JJJII IS9P PI

B3603 IH(% 031 4-'

8/18/2019 Informe 1 Pm 2016

52/82

%O*2 :()'83% ,%1&303'12 1,% 00253' 3 30+3%C3' 03,%&2%1,)3)

8/18/2019 Informe 1 Pm 2016

53/82

 

H3'3+&2'81&,+31 :3%20 1(03' )2 QPIL '21:2+&,A3

8/18/2019 Informe 1 Pm 2016

54/82

[3'3 20 $%A2'1(' /cSQJ zL BM [MNV

/%&'2 031 +3'3+&2'81&,+31 )20 $%A2'1(' /cSQJ zL BM [MNV 12 2%+*2%&'3 20 '3%5( )2 &2%1,(%21)2

8/18/2019 Informe 1 Pm 2016

55/82

M(1 )3&(1 :3'3 20 +@0+*0( )2 0(1

8/18/2019 Informe 1 Pm 2016

56/82

P kl9"JIJlg SS9l"l"pg lk9IIIpp

Q ""p9SIkSg" "JJ9QkpkkS "gS9QQQpP

g "Ip9P"J"pp "QQ9pQpQSp "lI9"""kS

I "lk9kSPkQI "Sk9PlklS PgQ9pplk

S PQk9Q"IPpP PJJ9kIkIIP PlP9SSkSg

k PkS9pSkpPl PQg9P"k"gg Qg"9ggIIpp Q"S9gPJQkS PSk9SkSkQS QlJ9PPQIP

l QII9lkPlPQ QJ"9"QSQPp gQl9JJ"gS

"J QlI9IPIgk QQg9IlIlP gpk9kklg

"" gQI9JkpJ"k QSp9JIII"P IQS9IIkQg

"P gkg9SQJISg gJ"9I"I"Jg IpI9QQIPp

"Q I"g9"pQ""" gQg9lkgSlS SQg9""QPP

"g IIQ9kQISIp gSp9gQgPpp SpP9pl""S

"I IlQ9PppPJI IJ"9plQpp kQ"9SSl"

"S SQP9pgJkIP IQI9QIQgkP kpJ9ggkJg

"k SkP9QlQPll ISp9p"QJSg pPl9PPglp

"p k""9lgIpgS SJP9PkPSIS pkp9JJPlP

"l kI"9glpQlQ SQI9kQPPgp lPS9kpJpS

PJ kl"9JIJlg SSl9"l"pg lkI9IIpp

B3603 W{lH(% &()31 21&31 0,

8/18/2019 Informe 1 Pm 2016

57/82

[3'3 20 $%A2'1(' /cSQJ zL BM [MNV

/% 21&2 +31( 03 '21&',++,-% A,2%2 )3)3 :(' 03 +('',2%&2 +(%&,%*3

8/18/2019 Informe 1 Pm 2016

58/82

 H(% 031 4-'

8/18/2019 Informe 1 Pm 2016

59/82

 H(% 031 4-'

8/18/2019 Informe 1 Pm 2016

60/82

 [3%20 1(03' +(% &2+%(0(583 :(0,+',1&30,%3 )2 iYcQgJL#

H@0+*0( )2

8/18/2019 Informe 1 Pm 2016

61/82

 W1. %O

8/18/2019 Informe 1 Pm 2016

62/82

/% 03 1,5*,2%&2 &3603 12 &,2%2% 0(1 )3&(1 %2+213',(1 :3'3 20 +@0+*0( )2 0(1

8/18/2019 Informe 1 Pm 2016

63/82

"k SkP9kPIJlpI Ik"9gSSPPIg pQg9QpJkg"k

"p k"P9Plk"SQP SJI9Jp"ppIp ppQ9gS"lS"p"l kI"9pSlPPkp SQp9SlkIgS" lQP9IgQ"p"l

PJ kl"9gg"PlPg SkP9Q"QPJSg lp"9SPggJP

B3603 W{"g

H(% &()31 21&31 0,

8/18/2019 Informe 1 Pm 2016

64/82

g "Ip9PppPIpI "Qg9gSPSg"Q "lS9QPgppJg

I "lk9pSJQPQ" "Sp9JkpQJ"S PgI9gJS"JJIS PQk9gQPQpkk PJ"9SlQlS"l Plg9gpkQPJS

k Pkk9JJggIPQ PQI9QJlSPPP QgQ9ISpIgJk

p Q"S9IkSI"k PSp9lPIPpPS QlP9SglkSJp

l QIS9"gpIp"S QJP9IgJlgPl gg"9kQJlpJl"J QlI9kPJSgSP QQS9"ISSJQP glJ9p"PPJ"

"" gQI9PlPk"Jp QSl9kkPPSQI IQl9plQgP""

"P gkg9pSgkkIg gJQ9QpklPQp Ipp9lkgSg"P"Q I"g9gQSpgJ" gQk9JJQIpgP SQp9JIIpS"Q

"g IIg9JJplJgk gkJ9S"lPggI Spk9"QkJp"g"I IlQ9IpJlSlQ IJg9PQglJgp kQS9P"pQJ"I

"S SQQ9"IQJQQl IQk9pIJISI" kpI9PllIP"S"k SkP9kPIJlpI Ik"9gSSPPIg pQg9QpJkg"k"p k"P9Plk"SQP SJI9Jp"ppIp ppQ9gS"lS"p

"l kI"9pSlPPkp SQp9SlkIgS" lQP9IgQ"p"lPJ kl"9gg"PlPg SkP9Q"QPJSg lp"9SPggJP

B3603 W{"IH@0+*0( )2

8/18/2019 Informe 1 Pm 2016

65/82

. +(24,+,2%&2 )2 &2

8/18/2019 Informe 1 Pm 2016

66/82

[3%20 )2 QPI L *%,)3)

$1+. +('',2%&2 )2 +('&(+,'+*,&( l9S" G

$1+ EB

8/18/2019 Informe 1 Pm 2016

67/82

 /0

8/18/2019 Informe 1 Pm 2016

68/82

H(% 21&3 0,

8/18/2019 Informe 1 Pm 2016

69/82

/1:2+,4,+3+,(%21 &;+%,+31 )20 ,%A2'1('.

8/18/2019 Informe 1 Pm 2016

70/82

$%A2'1('21 H2%&'3021 Y[V "IpJ BM )2 03

8/18/2019 Informe 1 Pm 2016

71/82

/1:2+,4,+3+,(%21 &;+%,+312

8/18/2019 Informe 1 Pm 2016

72/82

 

$%A2'1(' UGK/VG /c"KL

8/18/2019 Informe 1 Pm 2016

73/82

/1:2+,4,+3+,(%21 B;+%,+31.

b,

8/18/2019 Informe 1 Pm 2016

74/82

8/18/2019 Informe 1 Pm 2016

75/82

 

K()*0(„$%A2'1('$%A2'1(' /cSQJ zLBM [MNV

$%A2'1(' H2%&'30Y[V "IpJ BM

$%A2'1(' U3

8/18/2019 Informe 1 Pm 2016

76/82

B3603 W{PJ. [(&2%+,3 '230 52%2'3)3

K()*0(„$%A2'1('$%A2'1(' /cSQJzL BM [MNV

$%A2'1(' H2%&'30Y[V "IpJ BM

$%A2'1(' U3

8/18/2019 Informe 1 Pm 2016

77/82

H(% %*21&'( 1,1&2

8/18/2019 Informe 1 Pm 2016

78/82

k# V,&*3+,(% )2 ',215( 7 A*0%2'36,0,)3)

•  V,&*3+,(%21 *2 3 03 A2C 0(1 =3+2 *,C@1 305O% 4*&*'(9 :(' 0( >*2 03 +(%1&'*++,-% )2 03 :03%&3

:*2)2 :'()*+,' '2+=3C( :(' :3'&2 )20 12+&(' 35'3',(# /% 031 (&'31 30&2'%3&,A31 M3

A252&3+,-% %( 12 A2'83 342+&3)3 )26,)( 3 >*2 03 A252&3+,-% 21 21+313# M3 43*%3

&3*2 0(1 :3%2021 1(03'21 21&3'@% 3 *%3 30&*'3

+(%1,)2'3602 :3'3 :2'

8/18/2019 Informe 1 Pm 2016

79/82

8/18/2019 Informe 1 Pm 2016

80/82

 b(1 )2 %*21&'31 30&2'%3&,A31 )2 *6,+3+,-% 12 2%+*2%&'3% 2% 031 '25,(%21 )2 B3'3:3+@ 7G%&(43531&3 >*2 +*

8/18/2019 Informe 1 Pm 2016

81/82

8/18/2019 Informe 1 Pm 2016

82/82