Manual de instrucciones PANASONIC TX-29AL10F

[. . . ] 7; $/) QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL 7HOHYLVRU &RORU Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3 0DQXDO GH , QVWUXFFLRQHV QDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQD VRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVR (VSDRO QLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQL Fk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk3DQDVRQLFk 74%(( 3DQDVRQLF 3DQDVRQLF 3DQDVRQLF 3DQDVRQLF 3DQDVRQLF 3 %, (19(1, '$ (VWLPDGR &OLHQWH GH 3DQDVRQLF %LHQYHQLGR D OD IDPLOLD GH ORV FOLHQWHV GH 3DQDVRQLF (VSHUDPRV TXH GLVIUXWH PXFKRV DRV GH VX QXHYR WHOHYLVRU HQ FRORU (VWH WHOHYLVRU HV GH XQ PRGHOR PX\ DYDQ]DGR VLQ HPEDUJR HQ OD *XD GH 5HIHUHQFLD 5 SLGD HQFRQWUDU OD LQIRUPDFLQ QHFHVDULD SDUD SRQHU HO DSDUDWR HQ IXQFLRQDPLHQWR GH XQD IRUPD U SLGD $ FRQWLQXDFLQ SXHGH OHHU ODV LQVWUXFFLRQHV FRPSOHWDV \ JXDUGDUODV SDUD IXWXUDV FRQVXOWDV 1', &( 6qrrpvh Qrphpvr ! [. . . ] Apvhvr p W8S 9W9 !" Apvhvr qry Uryrr !# 8rvr qr 6qv Wqr 6W !% %DVHV GH &RQH[LQ )URQWDOHV $9 GH SDWLOODV SDUD 6 9GHR \ 5&$ SDUD $XGLR 9GHR \ GH ORV $XULFXODUHV , QIRUPDFLQ GH ORV &RQHFWRUHV 6&$57 \ 69GHR 3RU OD SDUWH SRVWHULRU &RQHFWRUHV $9 $9 GH 3DWLOODV 6&$57 \ GH 6DOLGD GH $XGLR 5&$ Gphyvhpv qr 6rh !' Dshpv Brrhy !( @rpvsvphpvr !( $'9(57(1&, $6 < 35(&$8&, 21(6 (VWH WHOHYLVRU KD VLGR GLVHDGR SDUD IXQFLRQDU FRQ FRUULHQWH DOWHUQD GH 9 +] 3DUD HYLWDU GHWHULRURV TXH SRGUDQ GDU FRPR UHVXOWDGR - 8VD969P 9@ G6 86E6 `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 3LODV GHO PDQGR D GLVWDQFLD - $VHJUHVH - 1R GH TXH ODV SLODV HVW Q FRORFDGDV HQ OD SRVLFLQ FRUUHFWD PH]FOH SLODV YLHMDV \ SLODV QXHYDV 5HWLUH GH PDQHUD LQPHGLDWD ODV SLODV YLHMDV \D DJRWDGDV - 1R PH]FOH SLODV GH WLSRV GLIHUHQWHV SH DOFDOLQDV \ GH PDQJDQHVR QL XWLOLFH SLODV UHFDUJDEOHV 1L&DG *8, $ 3$5$ /$ 38(67$ (1 0$5&+$ 5$3, '$ (QFKXIH OD DQWHQD \ FRQHFWH ORV HTXLSRV DX[LOLDUHV $9 5(&(3725 325 6$7/, 7( $9 $3$5$72 '( 9'(2 $9 $9 3DtV 'HXWVFKODQG gVWHUUHLFK )UDQFH , WDOLD (VSDxD 3RUWXJDO 1HGHUODQG 'DQPDUN 6YHULJH 1RUJH 6XRPL %HOJLHQ 6FKZHL] (//$'$ ((X 6HOHFFLy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kIXQFLQ WRWDOl \ TXH HO HTXLSR GH YGHR VHD FRPSDWLEOH FRQ OD WHFQRORJD 4 /LQN OD WHFQRORJDV GH WLSR VLPLODU &RQVXOWH FRQ VX SURYHHGRU SDUD P V GHWDOOHV V LQIRUPDFLQ DFHUFD GHO 4 /LQN \ GH ORV HTXLSRV GH FRQH[LQ Y DQVH ODV S JLQDV \ 1(;79, (:/, 1. ) Q6G D T8" ) Q6G 9F T@86H 9F A ) T@86H GG Qyr TUS hh rvhy Tv uh rvhq r ry Hr qr @qvpv qr Qthh yr ry i UW6W hh hyv &DPELDU VLVWHPD 79 6HOHFFLRQDU 79$9 675 6DOLU 0HPRUL]DU 9ROYHU 675 79$9 (GLFLyQ SURJUDPD 3URJ 3DUD FRSLDU OD LQIRUPDFLQ GH ORV SURJUDPDV HQ XQ DSDUDWR GH YGHR FRPSDWLEOH FRQHFWDGR D $9 &+ &+ &DQ 1RPEUH %ORTXHR ;<= =;< 2II 2II 2II 2II 2II 6LVW 6& 6& 6& 6& 6& Whh h yh pyh qr Qthh Qt Qyr yh rpyh 6y r ry hq h qvhpvh G qh qr y thh r rvhq h pvhpv hy hhh qr qr @ rqr rvtv hyt rtq qrrqvrq qry r qr rvh r r rvhqh Tv r yh hhyyh hhrpr ry rhwr k@) 8rir ry rhq qry W8Sl yh ryrvv r phh qr rvh y qh qry thh hy W8S Qhh irr qrhyyr pyr ry hhy qry W8S Tv uh rvhq r ry Hr qr @qvpv qr Qthh yr ry i UW6W hh hyv 79$9 (192 '( 79 $ 9&5 (1 &8562 (63(5( 325 )$925 3URJUDPD 0DQGR D GLVWDQFLD QR GLVSRQLEOH 0(1 '( 6, 1721$ &21), *85$&, 1 $8720 7, &$ $73 (O PHQ GH FRQILJXUDFLQ $XWRP WLFD OH SHUPLWLU YROYHU D VLQWRQL]DU DXWRP WLFDPHQWH HO WHOHYLVRU D ODV HPLVRUDV ORFDOHV (VWR UHVXOWD GH XWLOLGDG VL XVWHG VH WUDVODGD D XQD UHJLQ GLIHUHQWH Dvpvr ry r qr 8svthpv Whh hy r qr Tvh 6pprqh hy r qr vh Whh h psvthpv 6 vph 6pprqh h yh psvthpv 6 vph Qyr hh psvh ry vvpv Tryrppvr h Qyr hh vvpvh yh psvthpv 6 vph 6UQ Gh UW ryh yphyvh pyhvsvph r qr rvh yphyr Tv W8S phviyr r prphq h h qr yh ihr 6W!y qh qr thh r rvh hy W8S h ry @yhpr R rh tvh ! 6(7 83 &+ 9ROYHU 79$9 675 6HOHFFLRQDU $FFHGHU 6DOLU 0HPRUL]DU 6LQWRQL]DU (GLFLyQ SURJUDPD $73 $FFHGHU 6LQWRQtD PDQXDO 6LQWRQtD ILQD 6LVWHPD GH FRORU $872 &RUUHFLyQ YRO 'HVFRGLILFDGRU $9 2II 5HLQLFLDQGR $73 VH ERUUDQ ORV SURJUDPDV PHPRUL]DGRV VLQWRQL]iQGRVH ODV HPLVLRQHV GLVSRQLEOHV HQ HVH PRPHQWR 3DUD HPSH]DU $73 79$9 6DOLU $WHQFLyQ 9ROYHU 3DtV 'HXWVFKODQG gVWHUUHLFK )UDQFH , WDOLD (VSDxD 3RUWXJDO 1HGHUODQG 'DQPDUN 6YHULJH 1RUJH 6XRPL %HOJLHQ 6FKZHL] (//$'$ ((X 3DtV 9ROYHU 3DUD HPSH]DU $73 79$9 6DOLU &+ Vh r r rh rhpv uhh rqhq svhyvhqh ry ryrv vqvph yh vpv qr thh $73 (1 &8562 %86&$1'2 (63(5( 325 )$925 &+ ;<= 6(783 5LWRUQR PHQ~ GH VLQWRQtD 79$9 6DOLU 0(1 '( 6, 1721$ 6, 1721$ 0$18$/ /D VLQWRQD PDQXDO GH ODV SRVLFLRQHV GH ORV 3URJUDPDV HVW GLVSRQLEOH ELHQ VHD GHVGH HO PHQ GH ODV , QGLFDFLRQHV (Q 3DQWDOOD R GHVGH ORV FRQWUROHV GHO FXDGUR IURQWDO 0(1 '( 6, 1721$ 0$18$/ Dvpvr ry r qr 8svthpv Whh hy r qr Tvh 6pprqh hy r qr vh Whh h vh Hhhy 6pprqh h vh Hhhy Tryrppvr yh vpv qr thh h vvh Dvpvr yh vh Vh r r uhh rphq ry thh qrrhq yr TUS hh rvhy Qyr yh rpyh UW6W hh hyv 6LQWRQD PDQXDO &XDGUR IURQWDO 6(7 83 &+ 9ROYHU 79$9 675 6HOHFFLRQDU $FFHGHU 6DOLU 0HPRUL]DU 6LQWRQL]DU (GLFLyQ SURJUDPD $73 6LQWRQtD PDQXDO $FFHGHU 6LQWRQtD ILQD 6LVWHPD GH FRORU $872 &RUUHFLyQ YRO 'HVFRGLILFDGRU $9 2II &+ 3URJUDPD GHVFDVF %~VTXHGD GHVFDVF 6DOLU 0HPRUL]DU 9ROYHU 675 79$9 79$9 675 6LQWRQtD PDQXDO Qyr yh rpyh A 8hq shy uhh yyrth h kHq qr vhl Qyr yh rpyh yh hh hpprqr hy q qr Tvh Qyr yh rpyh UW6W hh rr rr k8hiv Qthhl k@rh yh irqhl k8hivh vrh UWl Qyr yh rpyh yh hh phivh yh vpv qry thh vvpvh yh irqh qvsvph ry vrh qr UW Vh r r r uh rphq yh rvh r r qrrh yr TUS hh rvh y phiv Srvh ry prqvvr hrv hh vvh thh hqvpvhyr yr yh rpyh A hh hyv Y ) &+ 6& 3URFHVR GH VLQWRQtD 79$9 79$9 675 ) (PSH]DU OD E~VTXHGD 0RYHU &XUVRU 0HPRUL]DU 6DOLU Y 675 ) 9 79$9 675 ) , ', 20$ '( /$6 , 1', &$&, 21(6 (1 3$17$//$ 26' &XDQGR VH LQVWDO HO WHOHYLVRU SRU SULPHUD YH] HO LGLRPD GH ODV , QGLFDFLRQHV HQ 3DQWDOOD IXH HVWDEOHFLGR GH DFXHUGR FRQ OD HOHFFLQ GH SDV HIHFWXDGD SRU XVWHG 6L GHVHD XWLOL]DU XQ LGLRPD GLIHUHQWH HO PLVPR SXHGH VHU VHOHFFLRQDGR D SDUWLU GHO PHQ GHO LGLRPD GH ODV , QGLFDFLRQHV (Q 3DQWDOOD 26' Dvpvr ry r qr 8svthpv 6(7 83 6HOHFFLRQDU $FFHGHU Whh hy r qr vqvh qr yh PT9 6pprqh hy r qr vqvh qr yh PT9 79$9 6DOLU &RQILJXUDFLyQ 0RGR WH[WR 7HPSRUL]DGRU )OLFNHU 5 4 /LQN 6LQWRQL]DU , GLRPD GH 26' )/2) 2II 2Q 2Q $FFHGHU Whh h yh pv r qrrr 6HOHFFLRQDU 9ROYHU 6HOHFFLRQDU 79$9 6DOLU 1HGHUODQGV 6XRPL 7UNoH 3RUWXJXrV Qyr yh rpyh UW6W hh rsrph yh ryrppv hyv 79$9 , GLRPD GH 26' 'HXWVFK (QJOLVK )UDQoDLV , WDOLDQR (//+1, . $ (VSDxRO 1RUVN 'DQVN 6YHQVND 4/, 1. 4/LQN SHUPLWH TXH HO WHOHYLVRU VH FRPXQLTXH FRQ HO JUDEDGRUUHSURGXFWRU GH YGHR Dvpvr ry r qr 8svthpv Whh h R Gvx 6(7 83 6HOHFFLRQDU &DPELDU 79$9 6DOLU &RQILJXUDFLyQ 8svr r ry @yhpr R r r jPI Qyr yh rpyh UW6W hh hyv 79$9 0RGR WH[WR 7HPSRUL]DGRU )OLFNHU 5 4 /LQN 6LQWRQL]DU , GLRPD GH 26' )/2) 2II 2Q 2Q (O DSDUDWR GH YGHR GHEH HVWDU FRQHFWDGR FRQ XQ FDEOH 6&$57 WLSR GH IXQFLQ FRPSOHWD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tGHR JUDEDQGR HO SURJUDPD SUHHVWDEOHFLGR 9tGHR JUDEDQGR SURJUDPD HQ SDQWDOOD (O YGHR HVW JUDEDQGR OD VHDO GH SURJUDPD SURFHGHQWH GH VX SURSLR VLQWRQL]DGRU 6L OR GHVHD SXHGH DSDJDU HO WHOHYLVRU \ GHMDU HO YGHR JUDEDQGR HQ OD IRUPD QRUPDO 9tGHR JUDEDQGR GHVGH HO WHOHYLVRU (O 9&5 HVW UHJLVWUDQGR OD VHDO GHO SURJUDPD GHVGH OD WHOHYLVLQ 1R GHEH FDPELDU OD SRVLFLQ GHO SURJUDPD QL DSDJDU OD WHOHYLVLQ 6L OR KDFH HO 9&5 GHMDU DXWRP WLFDPHQWH \ VH DSDJDU GH JUDEDU 1R VH JUDED &, 17$ 3527(*, '$ /D DOHWD GH SURWHFFLQ FRQWUD HVFULWXUD GH OD SDUWH WUDVHUD GH OD FDVHWH KD VLGR TXLWDGD (MHPSORV GH RWURV PHQVDMHV TXH SRGUDQ VHU YLVXDOL]DGRV HQ OD SDQWDOOD VRQ 1R JUDED 12 +$< &, 17$ 1R JUDED <$ (67 *5$%$1'2 1R JUDED /$ &, 17$ 38('( (67$5 '$f$'$ 1R JUDED 12 +$< )8(17( ', 6321, %/( 1R JUDED 9, '(2 (1 5(352'8&&, 1 9tGHR JUDEDQGR GHVGH XQ YtGHR H[WHUQR 3DUD FRPSDUWLU OD LQIRUPDFLQ GH VLQWRQD 3DUD JDUDQWL]DU TXH VH UHDOLFHQ XQDV JUDEDFLRQHV FRUUHFWDV HO WHOHYLVRU \ HO DSDUDWR JUDEDGRU \ UHSURGXFWRU GH YGHR GHEHU Q FRPSDUWLU OD LQIRUPDFLQ GH VLQWRQD YHD OD S JLQD - 6LHPSUH TXH VH XWLOL]D OD IXQFLQ j$XWRFRQILJXUDFLQ $73 ORV GDWRV GH VLQWRQD VH WUDQVIHULU Q DO 9&5 )XQFLRQHV GH DXWR HQFHQGLGRDSDJDGR /RV 9&5 FRQ (QODFH 4 GH 3DQDVRQLF WLHQHQ GLVSRQLEOHV ODV FDUDFWHUVWLFDV DGLFLRQDOHV VLJXLHQWHV 6L LQVHUWD XQD FLQWD HQ HO 9&5 \ SXOVD HO ERWQ j3OD\ OD WHOHYLVLQ VH HQFHQGHU TXH 8VWHG SXHGD YHU OD FLQWD 6L DSDJD OD WHOHYLVLQ PLHQWUDV HO 9&5 HVW HQ ORV PRGRV j6WRS $YDQFH U SLGR R 5HERELQDGR HO 9&5 VH DSDJDU DXWRP WLFDPHQWH DXWRP WLFDPHQWH \ VHOHFFLRQDU OD HQWUDGD $9 SDUD 'HVFRQH[LQ GH OD FRPXQLFDFLQ 4/LQN 6L QR GHVHD XWLOL]DU HO GLVSRVLWLYR 4/LQN YD\D DO PHQ GH OD &RQILJXUDFLQ \ SRQJD OD RSFLQ 4/LQN HQ k'HVFRQH[LQl 9HD OD S JLQD Ih Dhr) 1R WRGRV ORV DSDUDWRV GH YGHR SHUPLWHQ XWLOL]DU XQ VLVWHPD GH FRPXQLFDFLQ GH GDWRV GH HVWH WLSR $OJXQRV SXHGHQ DFHSWDU DOJXQDV GH VXV FDUDFWHUVWLFDV SHUR RWURV QR 9HD HO PDQXDO GH LQVWUXFFLRQHV GHO DSDUDWR GH YGHR SDUD P V LQIRUPDFLQ DO UHVSHFWR 6L 4 /LQN HVW GHWDOOHV LQRSHUDQWH SULPHUR FRQILUPH TXH VX FDEOH 6&$57 HV GHO WLSR GH IXQFLQ FRPSOHWD 3UHJXQWH D VX GLVWULEXLGRU SDUD P V 6(/(&&, 1 < &21), *85$&, 1 '( $9 (O PHQ GH 6HOHFFLQ GH $9 OH SHUPLWH HOHJLU OD IXHQWH GH $9 TXH TXLHUD YHU Qyr yh rpyh UW6W Qyr yh rpyh qr py hvhqh qry hq h qvhpvh vrh yh pvr rhrpr r hhyyh Gh pvr qrhhrpr Qrqr r yr vrrr rsrph hwr r y r qr 8svthpv qr Tvq 79$9 $9 $9 $96 $96 0HQ GH &RQILJXUDFLQ Dvpvr ry r qr 8svthpv Whh h yh pv r qrrr 6pprqh h y hwr h yh pvr Qyr yh rpyh UW6W hh hyv 0HQ GH 6RQLGR 6(7 83 6HOHFFLRQDU &DPELDU 79$9 )/2) 2II 2Q $872 2Q 6DOLU &RQILJXUDFLyQ 0RGR WH[WR 7HPSRUL]DGRU )OLFNHU 5 6LVWHPD GH FRORU &RUUHFFLyQ YRO 4 /LQN , GLRPD GH 26' 79$9 Tryrppvr ry r qr Tvq Whh h yh pv r qrrr 6281' 6HOHFFLRQDU $MXVWDU 79$9 6DOLU 6pprqh h y hwr h yh pvr Qyr yh rpyh UW6W hh hyv 79$9 6RQLGR 9ROXPHQ *UDYHV $JXGRV %DODQFH 0RGR $PELHQWH 0~VLFD 2II )81&, 21$0, (172 &21 9&5 '9' (O 0DQGR D 'LVWDQFLD SXHGH KDFHU IXQFLRQDU DOJXQDV GH ODV IXQFLRQHV GH HTXLSRV VHOHFFLRQDGRV GH 9&5 *UDEDFLQ \ 5HSURGXFFLQ GH &LQWDV GH 9GHR \ GH '9' 'LVFR 9HUV WLO 'LJLWDO GH 3DQDVRQLF $OJXQRV HTXLSRV GH 9&5 \ GH '9' WLHQHQ IXQFLRQHV GLIHUHQWHV SRU OR TXH DO REMHWR GH DVHJXUDUVH GH VX FRPSDWLELOLGDG VUYDQVH FRQVXOWDU HO PDQXDO GH LQVWUXFFLRQHV GH VX HTXLSR R ELHQ D VX SURYHHGRU SRU OR TXH UHVSHFWD D ORV GHWDOOHV '9' 9&5 @ @rh 3XOVH SDUD SDVDU HO 9&5 '9' DO PRGR GH (Q (VSHUD 9XHOYD D SXOVDU SDUD YROYHUOR D HQFHQGHU 8hq W8S 9W9 8WLOLFH HVWH FRQPXWDGRU SDUD VHOHFFLRQDU VL ORV FRQWUROHV KDQ GH KDFHU IXQFLRQDU HO HTXLSR GH '9' R HO DSDUDWR GH JUDEDFLQ \ UHSURGXFFLQ GH FLQWDV GH YGHR Srqppv 3XOVH SDUD REWHQHU OD UHSURGXFFLQ GH OD FLQWD R GHO '9' Qh 3XOVH SDUD SDUDU OD FLQWD R HO '9' Thy 6hpr S vq Qvh 9&5 3XOVH SDUD KDFHU DYDQ]DU OD FLQWD GH IRUPD U SLGD (Q HO PRGR GH 5HSURGXFFLQ SXOVH SDUD YHU OD LPDJHQ FRQ XQ DYDQFH U SLGR '9' 3XOVH XQD YH] SDUD VDOWDU D OD SLVWD VLJXLHQWH (Q HO PRGR GH 5HSURGXFFLQ SXOVH \ PDQW QJDOD SXOVDGD SDUD YHU OD LPDJHQ FRQ XQ DYDQFH U SLGR Thy Sriivhq Srvv 9&5 3XOVH SDUD UHERELQDU OD FLQWD (Q HO PRGR GH 5HSURGXFFLQ SXOVH SDUD YHU OD LPDJHQ FRQ XQ UHWURFHVR U SLGR '9' 3XOVH XQD YH] SDUD VDOWDU D OD SLVWD DQWHULRU (Q HO PRGR GH 5HSURGXFFLQ SXOVH \ PDQW QJDOD SXOVDGD SDUD YHU OD LPDJHQ FRQ XQ UHWURFHVR U SLGR Qhh Dvyvhpv 3XOVDQGR HQ HO PRGR GH 5HSURGXFFLQ OD LPDJHQ TXHGD TXLHWD 9XHOYD D SXOVDU SDUD UHDQXGDU OD UHSURGXFFLQ 6r 9vvpv qry Ir qry Qthh 3XOVH SDUD DXPHQWDU R GLVPLQXLU HQ XQD XQLGDG OD SRVLFLQ GHO SURJUDPD HQ HO 9&5 5(& Bhihpv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svthpv SDUD SUHVHQWDU ODV IXQFLRQHV HVSHFLDOHV VHJXLGD SRU OD WHFOD GH FRORU Wrqr 9XHOYD D SXOVDU GH QXHYR OD WHFOD Wrqr SDUD DPSOLDU OD PLWDG , 1)(5, 25 9XHOYD D SXOVDU SDUD UHWRUQDU DO WDPDR QRUPDO &203/(72 6(7 83 5HYHODU 3XOVH OD WHFOD GH 8svthpv SDUD SUHVHQWDU ORV IXQFLRQHV HVSHFLDOHV VHJXLGD SRU OD WHFOD GH FRORU Sw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 $OPDFHQD HQ PHPRULD XQD S JLQD IDYRULWD SDUD VX UHFXSHUDFLQ LQVWDQW QHD 3DUD DOPDFHQDU HVWD S JLQD OD 79 GHEH HVWDU HQ PRGR /, 67 \ OD SRVLFLQ GHO SURJUDPD GHEH HVWDU HQWUH \ 3XOVH HO ERWQ 6y VHOHFFLRQH HO QPHUR GH S JLQD \ DSULHWH \ PDQWHQJD HO ERWQ S JLQD KD TXHGDGR DOPDFHQDGR 3XOVH AQ SDUD UHFXSHUDU HVWD S TUS (O QPHUR GH OD JLQD $FWXDOL]DU 3UHVHQWDFLQ 3XOVH OD WHFOD GH 8PIADBVS68DI SDUD KDFHU DSDUHFHU ODV IXQFLRQHV HVSHFLDOHV VHJXLGD GH OD WHFOD 6hvyyh SDUD YHU OD LPDJHQ GH OD 79 PLHQWUDV HIHFWD OD EVTXHGD GH XQD S JLQD GHO 7HOHWH[WR 8QD YH] HQFRQWUDGD HO QPHUR GH OD S JLQD DSDUHFHU OD SDQWDOOD 3XOVH OD WHFOD LQGLFDGR HQ HO QJXOR VXSHULRU L]TXLHUGR GH 9XHOYD D SXOVDU 6hvyyh SDUD YHU OD S JLQD UW U@YUP SDUD YROYHU DO IXQFLRQDPLHQWR QRUPDO GH UHFHSFLQ GH OD 79 8PIADBVS68DI \ D 6hvyyh SDUD YHU OD LPDJHQ GH OD 79 &XDQGR VH UHFLEH XQD DFWXDOL]DFLQ HO 6(7 83 6hpr qr Ivpvh FRQWLQXDFLQ OD WHFOD 3XOVH OD WHFOD 3XOVH &XDQGR VH KD VHOHFFLRQDGR XQD S JLQD GH DYDQFHV GH QRWLFLDV SXOVH QPHUR GH OD S JLQD DSDUHFH YLVXDOL]DGR HQ OD SDQWDOOD 6hvyyh SDUD KDFHU DSDUHFHU HQ OD SDQWDOOD HO $YDQFH GH 1RWLFLDV UW U@YUP SDUD YROYHU DO IXQFLRQDPLHQWR QRUPDO GH UHFHSFLQ GH OD 79 6phyvhpv 3XOVH 8PIADBVS68DI \ D FRQWLQXDFLQ OD WHFOD 6hvyyh SDUD YHU OD DFWXDOL]DFLQ GH ODV LQIRUPDFLRQHV HQ GHWHUPLQDGDV S JLQDV &XDQGR VH UHFLEH XQD DFWXDOL]DFLQ HO QPHUR GH OD S JLQD DSDUHFHU VXSHULRU L]TXLHUGR GH OD SDQWDOOD 3XOVH OD WHFOD 3XOVH YLVXDOL]DGR HQ HO QJXOR 6hvyyh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y HQ HO OD LQGLFDFLQ 7 QJXOR VXSHULRU GHUHFKR GH OD SDQWDOOD DSDUHFHU , QWURGX]FD HO QPHUR GH OD VXES JLQD TXH GHVHD DQWHV GH TXH OD LQGLFDFLQ 7 GHVDSDUH]FD 3DUD VHOHFFLRQDU OD S JLQD LQWURGX]FD \ 6L VH HVW HQ HO PRGR GH /, 67 DSDUHFHU XQD j7 HQ HO UHFXDGUR DFWXDO GH OD SDUWH LQIHULRU 3XOVH OD WHFOD 3XOVH 6hvyyh SDUD YHU XQ SURJUDPD QRUPDO GH 79 8PIADBVS68DI VHJXLGD SRU OD WHFOD 6hvyyh HQ HO PRGR GH /, 67 GLVSRQLEOH SXOVH OD WHFOD $PDULOOD SDUD YHUOD &XDQGR OD S JLQD HVW , 1'(; 3DUD KDFHU GHVDSDUHFHU OD S JLQD VLJD XQR GH ORV SURFHGLPLHQWRV VLJXLHQWHV 3XOVH 8PIADBVS68DI 6HOHFFLRQH XQ QXHYR QPHUR GH S JLQD 3XOVH UWU@YUP SDUD YROYHU DO IXQFLRQDPLHQWR QRUPDO GH UHFHSFLQ GH OD 79 QGLFH 3XOVH I9D8@ , 1'(;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h) /RV HTXLSRV DX[LOLDUHV \ ORV FDEOHV TXH VH PXHVWUDQ HQ ODV ILJXUDV QR HVW Q LQFOXLGRV HQ HO VXPLQLVWUR GH HVWH WHOHYLVRU 1 , QIRUPDFLQ DFHUFD GH ORV &RQHFWRUHV 6&$57 8rp T86SU 6W qr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 XVDQGR ODV QRUPDV VLJXLHQWHV (1 (1 (1 (1 (1 )LUPD 1RPEUH 7 $VDKL &DUJR 3UHVLGHQWH )HFKD GH PD\R GH 3$1$621, & (63$$ 6$ $9'$ -26(3 7$55$'(//$6 %$5&(/21$ (63$$ &6 [. . . ]