0DUWHVGH6HSWLHPEUHGH

'yODU6

0DSDGHOVLWLR , 6HUYLFLRVGHLQIRUPDFLyQ , 3UHJXQWDV)UHFXHQWHV , *ORVDULR , &RQWiFWHQRV

(PSUHVDV

3iJLQDSULQFLSDO 

$FFLRQHV

0HFDQLVPRVGHQHJRFLDFLyQ 

1RWLFLDV %XVFDU

$SUHQGHD,QYHUWLUHQOD%ROVD 
6LWLR0yYLO

Ayuda
+HUUDPLHQWDV
3UHJXQWDV)UHFXHQWHV
*ORVDULRGH7pUPLQRV
0DSDGHOVLWLR

%856(1

6tJXHQRV

$\XGD+HUUDPLHQWDV


0DSDGHOVLWLR


0$3$'(/6,7,2


MercadodeValores
Publicaciones

! ,UD3XEOLFDFLRQHV
 
'HVFDUJDU~OWLPR%ROHWtQ
'LDULR
 
'HVFDUJDU~OWLPR,QIRUPH
0HQVXDO

BolsaNews
6HEULQGD
LQIRUPDFLyQGH
HPSUHVDV
LQIRUPDFLyQ
0,(10
FRGLILFDFLyQ,6,1

3ULQFLSDO
0HUFDGRDOGtD




















5XHGDGH%ROVD
&RWL]DFLRQHVGHOGtD
,QVWUXPHQWRVGHGHXGD
5HVXPHQGH0HUFDGR
,QGLFHV
tQGLFHVHQEROVD
tQGLFHVKR\
0HUFDGRDELHUWR
&RORFDFLyQSULPDULD
&RORFDFLyQVHFXQGDULD
1HJRFLDFLyQ
7UDQVSDUHQFLDGHPHUFDGR
1HJRFLDFLyQHOHFWUyQLFD
2SHUDFLRQHV
H[WUDEXUViWLOHV
&XRWDV\WDULIDV
,QIRUPDFLRQHVWDGtVWLFD
,QIRUPDFLyQGHLQWHUpV
3UHQVD
)HULDGRV\KRUDULRVGH
QHJRFLDFLyQ

(PSUHVDV
 (PSUHVDVHQOD%9/
(PSUHVDVFRQYDORUHV

OLVWDGRV
 +HFKRVGHLPSRUWDQFLD
3ULQFLSLRVGHOEXHQ

FRUSRUDWLYR
 2WUDLQIRUPDFLyQ
,QIRUPDFLyQSDUDOLVWDUHQOD

EROVD
)LQDQFLDPLHQWRSDUD

HPSUHVDV
 $YDQ]D%9/
6HJPHQWRGHFDSLWDOGH

ULHVJR
 ,UDO6LWH
$JHQWHVGH%ROVD














/LVWDGH$JHQWHVGH%ROVD
,QWHUPHGLDULRV%XUViWLOHV
,QIRUPDFLyQHQODHPSUHVD
$XWRUL]DFLRQHV
5HSUHVHQWDQWHV
2ILFLQDV
3ROtWLFDGHFOLHQWHV
*HVWLyQ%XUViWLO
5HJODPHQWDFLyQ6$%
5HJODPHQWDFLyQGH
UHSUHVHQWDQWHV6$%
V
2SHUDFLRQHV
H[WUDEXUViWLOHV
5HJODPHQWR0,(10
,QIRUPDFLyQ0,(10

6HUYLFLRVGH,QIRUPDFLyQ






%9/(;6
'HVFULSFLyQ
,QIRUPDFLyQGLVSRQLEOH
5HTXLVLWRVGH3&
1XHVWUDV7DULIDV

AcercadelaBVL

EducacinBurstil
3ULQFLSDO
0HFDQLVPRVGH1HJRFLDFLyQ

3ULQFLSDO
/DHPSUHVD

 2SHUDFLRQHV
 $FFLRQHV5HQWD9DULDEOH
9DORUHV5HSUHVHQWDWLYRVGH5HXGD5HQWD

)LMD
 (VTXHPDVHVSHFLDOHVGHQHJRFLDFLyQ
 $JHQWHSURPRWRU
 'D\WUDGH
 6XEDVWDV
1HJRFLDFLyQSRUORWHV'RFXPHQWR

,QIRUPDWLYRSGI9DORUHVVHOHFFLRQDGRVSGI
 7DEODGH9DORUHV5HIHUHQFLDOHV
 0HWRGRORJtD
 7DEOD9LJHQWH795
 1HJRFLDFLyQ(OHFWUyQLFD
 6LVWHPDHOHFWUyQLFRGHQHJRFLDFLyQ(/(;





















3URJUDPDV\&HQWURGH(VWXGLRV








&HQWURGH(VWXGLRV%XUViWLOHV%856(1
,UDOVLWH
3URJUDPD$SUHQGDD,QYHUWLUHQOD%ROVD
3UHVHQWDFLyQ
&DOHQGDULR
*DOHUtDGH,PDJHQHV
,QVFULSFLRQHV

$\XGD






























+HUUDPLHQWDV
3UHJXQWDVIUHFXHQWHV
*ORVDULRGH7pUPLQRV
0DSDGHO6LWLR

5HVHxD*HQHUDO
+LVWRULDO
0LVLyQYLVLyQYDORUHV
)XQFLRQHV\HVWUXFWXUD
0HPRULDDQXDO
'LUHFFLyQ\WHOpIRQRV
9LGHRLQVWLWXFLRQDO
,QIRUPDFLyQSDUDOLVWDUHQODEROVD
)LQDQFLDPLHQWRSDUDHPSUHVDV
$YDQ]D%9/
6HJPHQWRGHFDSLWDOGHULHVJRYHQWXUH([FKDQJH
3URJUDPDV\&HQWURGHHVWXGLRVEXUViWLOHV
3URJUDPD$SUHQGHDLQYHUWLUHQODEROVD
&HQWURGHHVWXGLRVEXUViWLOHV%XUVHQ
6RFLRVHVWUDWpJLFRV
'$7267(&1,&266$
&$9$/,
(QODFHVGHLQWHUpV
%ROVDVHQHOPXQGR

%XHQ*RELHUQR&RUSRUDWLYR
 ,QIRUPDFLyQ*HQHUDO
3ULQFLSLRVGH%XHQ*RELHUQRSDUDODVVRFLHGDGHV

SHUXDQDV9HUVLyQHQHVSDxRO9HUVLyQHQLQJOHV
 3UHVHQWDFLyQGHO,%*&
 ,QIRUPDFLyQUHOHYDQWHGHOGtD
 (PSUHVDVFRQEXHQJRELHUQRFRUSRUDWLYR
3ULQFLSLRVGH*RELHUQR&RUSRUDWLYR9HUVLyQ

HVSDxRO9HUVLyQHQLQJOHV
 3URFHGLPLHQWRSDUDIRUPDUSDUWHGHO,%*&
 0HWRGRORJtD
 0HWRGRORJtDGHFiOFXOR
 0HWRGRORJtDSDUDVHOHFFLyQGHYDORUHV
 9DOLGDFLyQ
 (PSUHVDVYDOLGDGRUDVDFUHGLWDGDVSRUOD%9/
5HTXLVLWRVGHODVFRQVXOWRUDVSDUDYDOLGDUSUiFWLFDV

GHJRELHUQRFRUSRUDWLYR
 3DUiPHWURVGHYDOLGDFLyQ
 )RUPDWRGHFDUWDGHYDOLGDFLyQ
 3XEOLFDFLRQHV
 6XSOHPHQWR,%*&5HYLVWD6WDNHKROGHUV
 (YHQWRV
 &HUHPRQLDGHSUHPLDFLyQGHO,%*&)RWRV
0DUFR/HJDO











































6XVFUtEDVH
,QVWDODFLyQDFWXDOL]DFLyQ
3ODQWLOOD%9/(;6
&RQVXOWD5HQWD)LMD
/RJLQ
3DQWDOODVGHOVLVWHPD
6XVFUtEDVH
6HUYLFLRV%9/:$3
'HVFULSFLyQ
%HQHILFLRV
5HTXLVLWRV
7DULIDV
6XVFULSFLRQHV
,QIRUPHPHQVXDO
(VWDGRVILQDQFLHURV
FRPSDUDGRV
%ROPDLO
%ROHWtQGLDULR
$OHUWD%ROVDQHZV
5HYLVWD%ROVD1HW
$YDQ]D%9/QHZV
3XEOLFDFLRQHV
%ROHWtQGLDULRV
(VWDGRVILQDQFLHURV
FRPSDUDGRV
,QIRUPH%XUViWLO0HQVXDO
$QXDO
9DGHPHFXPEXUViWLO
'HVFDUJDV3')
$ILFKH*UiILFR
,QIRJUDItD(PLVRUHV
,QIRJUDItDGHO6HJPHQWRGH
&DSLWDOGH5LHVJRGHOD%9/
,QIRJUDItDFRPRFRPSUDU
\RYHQGHUYDORUHV





























































%ROVDGH9DORUHVGH/LPD6$7RGRVORV'HUHFKRV5HVHUYDGRV_3DVDMH$FXxD/LPD3HU~_7HOpIRQRV ,7pUPLQRV\&RQGLFLRQHV