$17(6'(86$52)5,*25Ì),&2
2DSDUHOKRTXHDFDERXGHFRPSUDUGHVWLQDVH
DSHQDVDRXVRGRPpVWLFR
2
FRPSDUWLPHQWRFRQJHODGRU
SHUPLWHD
SURGXomRGHF XERVGHJHO R
$GHVFRQJHODomRpPDQXDORXVHPL
DXWRPiWLFD
2
FRPSDUWLPHQWRIULJRUtILFR
SHUPLWHDFRQVHUYDomRGHDOLPHQWRVIUHVFRVH
EHELGDV
3DUDREWHUPHOKRUHVUHVXOWDGRV GRVHXDSDUHOKR
DFRQVHOKDPRVTXHOHLDDWHQWDPHQWHDV
LQVWUXo}HVGHXWLOL]DomRRQGHSRGHUiHQFRQWUDUD
GHVFULomRGRVHXDSDUHOKRH FRQVHOKRV~WHLVSDUD
DFRQVHUYDomRGRVDOLPHQWRV
'HLWHIRUDRHVSDoDGRUGDJXDUQLomR
UHSUHVHQWDGRQRSRQWR
,
GRGHVHQKR
*XDUGHHVWHPDQXDOSDUDIXWXUDVFRQVXOWDV
$SyVGHVHPEDODURDSDUHOKRFHUWLILTXHVHGH
TXHDSRUWDIHFKHSHUIHLWDPHQWH
(YHQWXDLVGDQRVGHYHPVHUFRPXQLFDGRVDR
UHYHQGHGRUQXPSUD]RGHKRUDV
(VSHUHSHORPHQRVGXDVKRUDVDQWHVGH
OLJDURDSDUHOKRDILPGHSHUPLWLUTXHR
FLUFXLWRUHIULJHUDQWHHVWHMDSHUIHLWDPHQWH
HILFLHQWH
&HUWLILTXHVHGHTXHDOLJDomRHDLQVWDODomR
HOpFWULFDVHMDPHIHFWXDGDVSRUXPWpFQLFR
HVSHFLDOL]DGRVHJXQGRDVLQVWUXo}HVIRUQHFLGDV
SHORIDEULFDQWHHHPFRQIRUPLGDGHFRPDV
QRUPDVGHVHJXUDQoDORFDLVHPYLJRU
68*(67¯(63$5$$3527(&d®2'2
$0%,(17(
(PEDODJHP
$HPEDODJHPpFRQVWLWXtGDSRUPDWHULDO
UHFLFOiYHOHHVWiPDUFDGDFRPRVtPERORGH
UHFLFODJHP
3DUDVHGHVID]HUGHODUHVSHLWHDVQRUPDVORFDLV
2VPDWHULDLVGHHPEDODJHPVDFRVGHSOiVWLFR
SHGDoRVGHHVIHURYLWHSHOtFXODGHSROLHWLOHQRHWF
GHYHPVHUPDQWLGRVIRUDGRDOFDQFHGDVFULDQoDV
GDGRTXHFRQVWLWXHPSRWHQFLDLVIRQWHVGHSHULJR
3URGXWR
2DSDUHOKRIRLIDEULFDGRFRPPDWHULDLVUHFOLFiYHLV
(PFDVRGHGHVPDQWHODPHQWRUHFRPHQGDPRVTXH
UHVSHLWHDV QRUPDVUHODWLYDVj HOLPLQDomR GHUHVtGXRV
,QXWLOL]HRFRUWDQGRRFDERGHDOLPHQWDomR1mR
GHLWHRDSDUHOKRIRUDOHYHRSDUDFHQWURVGHUHFROKD
DGHTXDGRVSDUDUHFXSHUDomRGRJiVUHIULJHUDQWH
,QIRUPDomR
(VWHDSDUHOKRQmRFRQWpP&)&RFLUFXLWR
UHIULJHUDQWHFRQWpP5DQHP+)&RFLUFXLWR
UHIULJHUDQWHFRQWpP5D,VREXWDQR3DUD
LQIRUPDo}HVPDLVGHWDOKDGDVFRQVXOWHDFKDSDGH
FDUDFWHUtVWLFDVFRORFDGDQRDSDUHOKR
3DUDDSDUHOKRVFRP,VREXWDQR5D
2,VREXWDQRpXPJiVQDWXUDOQmRSUHMXGLFLDODR
PHLRDPELHQWHPDVLQIODPiYHO3RUWDQWRp
LQGLVSHQViYHOFHUWLILFDUVHGHTXHRVWXERVGR
FLUFXLWRUHIULJHUDQWHQmRHVWmRGDQLILFDGRV
35(&$8d¯(6(68*(67¯(6*(5$,6
8WLOL]HR
FRPSDUWLPHQWRIULJRUtILFR
DSHQDV
SDUDDFRQVHUYDomRGHDOLPHQWRVIUHVFRVHR
FRPSDUWLPHQWRFRQJHODGRU
DSHQDVSDUDD
SURGXomRGHFXERVGHJHOR
1mRWDSHQHPREVWUXDDVDEHUWXUDVGH
YHQWLODomRGRDSDUHOKR
1mRFRORTXHUHFLSLHQWHVGHYLGURFRPOtTXLGRV
QRFRPSDUWLPHQWRPDLVIULRGDGRTXHSRGHP
UHEHQWDU
1mRFRPDFXERVGHJHORRXJHODGRV
LPHGLDWDPHQWHDSyVRVUHWLUDUGRFRQJHODGRU
GDGRTXHSRGHPFDXVDUTXHLPDGXUDVGHIULR
3DUD HYLWDU RSHULJR GHVXIRFDomR HDSULVLRQDPHQWR
QmRSHUPLWDTXHDVFULDQoDVEULQTXHPRXVH
HVFRQGDPGHQWURGRDSDUHOKR
$QWHVGHTXDOTXHURS HUDomRGHPDQXWHQo mRRX
OLPSH]DGHVOLJXHRDSDUHOKRGD FRUUHQWHHOpFWULFD
2FDERGHDOLPHQWDomRVySRGHVHUVXEVWLWXtGR
SRUXPWpFQLFRHVSHFLDOL]DGR
'HFODUDomRGHFRQIRUPLGDGH
(VWHDSDUHOKRIRLFRQFHELGRSDUDHQWUDUHPFRQWDFWR
FRPDOLPHQWRVHHVWiHPFRQIRUPLGDGHFRPR
'HFUHWR/HLGH'LUHFWLYD(XURSHLD
&(
6pt33046.fm5 Page 43 Friday, May 4, 2001 12:53 PM