Vous êtes sur la page 1sur 181

{\rtf\ansi\deff0{\fonttbl{\f0 Segoe UI;}{\f1 Symbol;}{\f2 Times New Roman;}{\f3

Calibri;}{\f4 Arial;}}{\colortbl\red0\green0\blue0;\red255\green255\blue255;\red
153\green204\blue0;\red0\green97\blue135;}\paperw11905\paperh16837\margl0\margr0
\margt0\margb0\sectd\sbknone\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\par
d\plain\sl-200\par\pard\plain\sl-315\par\pard\plain\li3680\sl-300\f0\fs24\cf0\b0
\i0\ul0\strike0 PROYECTO\f0\fs24\cf0\b0\i0\ul0\strike0 DE\f0\fs24\cf0\b0\i0\ul0
\strike0 FUSI\u211?N\f0\fs24\cf0\b0\i0\ul0\strike0 POR\f0\fs24\cf0\b0\i0\ul0\s
trike0 ABSORCI\u211?N\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-347\par\pard\plain\li6119\sl-300\f0\fs24\cf0\b0\i0\ul
0\strike0 de\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-365\par\pard\plain\
li4377\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs24\cf0\b0\i0\ul
0\strike0 del\f0\fs24\cf0\b0\i0\ul0\strike0 Per\u250?\f0\fs24\cf0\b0\i0\ul0\st
rike0 S.A.A.\f0\fs24\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li4702\sl-412\f0\f
s24\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs24\cf0\b0\i0\ul0\strike0 M\u243?
viles\f0\fs24\cf0\b0\i0\ul0\strike0 S.A.\sect\sectd\sbkpage\pgwsxn11905\pghsxn1
6837\sected\cols2\colno1\colw2530\colsr10\colno2\colw9360\pard\plain\sl-200\par\
pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\p
lain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\pa
r\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\s
l-328\par\pard\plain\li2008\sl-270\f0\fs20\cf0\b0\i0\ul0\strike0 I.\par\pard\col
umn\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-2
00\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-328\par\pard\plain\li0\sl-270\f0\fs20\cf0\b0\i0\ul0\strik
e0 INTRODUCCI\u211?N\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\s
l-200\par\pard\plain\sl-370\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\s
trike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 presente\f0\fs18\cf0\b0\i0\ul0\strike0
Proyecto\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Fusi\
u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 (en\f0\fs18\cf0\b0\i0\ul0\strike0 adelant
e,\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?Proye
cto\f0\fs18\cf0\b0\i0\ul0\strike0 \u8221?)\f0\fs18\cf0\b0\i0\ul0\strike0 ha\f0
\fs18\cf0\b0\i0\ul0\strike0 sido\f0\fs18\cf0\b0\i0\ul0\strike0 elaborado\f0\fs
18\cf0\b0\i0\ul0\strike0 en\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\
strike0 forma\f0\fs18\cf0\b0\i0\ul0\strike0 coordinada\f0\fs18\cf0\b0\i0\ul0\st
rike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 TELEF\u211?NICA\f0\fs18\cf0\b0\i0\ul0\
strike0 DEL\f0\fs18\cf0\b0\i0\ul0\strike0 PERU\f0\fs18\cf0\b0\i0\ul0\strike0
S.A.A.\f0\fs18\cf0\b0\i0\ul0\strike0 (en\f0\fs18\cf0\b0\i0\ul0\strike0 adelant
e,\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?TDP\f0\fs18\cf0\b0\i0\ul0\strike0 \u82
21?)\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b
0\i0\ul0\strike0 TELEFONICA\f0\fs18\cf0\b0\i0\ul0\strike0 MOVILES\f0\fs18\cf0\b
0\i0\ul0\strike0 S.A.\f0\fs18\cf0\b0\i0\ul0\strike0 (en\f0\fs18\cf0\b0\i0\ul0\
strike0 adelante,\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?M\u243?viles\f0\fs18\cf
0\b0\i0\ul0\strike0 \u8221?)\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\
i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 objeto\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 presentar\f0\fs18\cf0\b0\i0\ul0\strike
0 a\f0\fs18\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li2008\sl-345\f0\fs18\cf0
\b0\i0\ul0\strike0 respectivos\f0\fs18\cf0\b0\i0\ul0\strike0 directorios\f0\fs1
8\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 juntas\f0\fs18\cf0\b0\
i0\ul0\strike0 generales\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 ambas\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 j

ustificaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 que\par\pard\plain\li2008\sl-34
5\f0\fs18\cf0\b0\i0\ul0\strike0 subyace\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18
\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf
0\b0\i0\ul0\strike0 propuesta.\f0\fs18\cf0\b0\i0\ul0\strike0 Este\f0\fs18\cf0\
b0\i0\ul0\strike0 Proyecto,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\u
l0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 establecido\f0\fs18\cf0\b0\i0\ul0\
strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 351\f0\fs1
8\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\
ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades\f0\fs18\cf0\b0\i0\ul0\strike
0 ser\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 sometido\f0\fs18\cf0\b0\i0\ul0\strik
e0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 considera
ci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\p
ar\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 directorios\f0\fs18\cf
0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 juntas\f0\fs18\cf0\b0\i0\u
l0\strike0 generales\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strik
e0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?v
iles.\par\pard\plain\sl-200\par\pard\plain\sl-365\par\pard\plain\li2008\sl-245\f
0\fs18\cf0\b0\i0\ul0\strike0 II.\f0\fs18\cf0\b0\i0\ul0\strike0 RACIONALIDAD\f0\
fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\ul0\strike0 LA\f0\fs18\cf0\b0\
i0\ul0\strike0 OPERACI\u211?N\par\pard\plain\sl-200\par\pard\plain\sl-370\par\p
ard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Razones\f0\fs18\cf0\b0\i0\
ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
fusi\u243?n\par\sect\sected\sbknone\cols12\colno1\colw2490\colsr10\colno2\colw1
050\colsr10\colno3\colw430\colsr10\colno4\colw470\colsr10\colno5\colw1130\colsr1
0\colno6\colw430\colsr10\colno7\colw2070\colsr10\colno8\colw430\colsr10\colno9\c
olw890\colsr10\colno10\colw310\colsr10\colno11\colw430\colsr10\colno12\colw1660\
pard\plain\li2075\sl-383\f0\fs18\cf0\b0\i0\ul0\strike0 La\par\pard\plain\li0\sl383\column\f0\fs18\cf0\b0\i0\ul0\strike0 situaci\u243?n\par\pard\plain\li0\sl-38
3\column\f0\fs18\cf0\b0\i0\ul0\strike0 en\par\pard\plain\li0\sl-383\column\f0\fs
18\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li0\sl-383\column\f0\fs18\cf0\b0\i0\
ul0\strike0 mercados\par\pard\plain\li0\sl-383\column\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\par\pard\plain\li0\sl-383\column\f0\fs18\cf0\b0\i0\ul0\strike0 telecomuni
caciones\par\pard\plain\li0\sl-383\column\f0\fs18\cf0\b0\i0\ul0\strike0 en\par\p
ard\plain\li0\sl-383\column\f0\fs18\cf0\b0\i0\ul0\strike0 general\par\pard\plain
\li0\sl-383\column\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li0\sl-383\col
umn\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li0\sl-383\column\f0\fs18\cf
0\b0\i0\ul0\strike0 las\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plai
n\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones\f0\fs18\cf0\b0\
i0\ul0\strike0 m\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i
0\ul0\strike0 particular,\f0\fs18\cf0\b0\i0\ul0\strike0 ha\f0\fs18\cf0\b0\i0\u
l0\strike0 variado\f0\fs18\cf0\b0\i0\ul0\strike0 significativamente\f0\fs18\cf
0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0
\strike0 \u250?ltimos\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike
0 a\u241?os.\f0\fs18\cf0\b0\i0\ul0\strike0 Esta\f0\fs18\cf0\b0\i0\ul0\strike0
modificaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strik
e0 entorno\f0\fs18\cf0\b0\i0\ul0\strike0 competitivo,\f0\fs18\cf0\b0\i0\ul0\st
rike0 tecnol\u243?gico\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 nec
esidades\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\
cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 clientes\f0\fs18\cf0\b0
\i0\ul0\strike0 aconseja\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul
0\strike0 cambio\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strik
e0 modelo\f0\fs18\cf0\b0\i0\ul0\strike0 estrat\u233?gico\f0\fs18\cf0\b0\i0\ul0
\strike0 sobre\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 debe\f0\fs
18\cf0\b0\i0\ul0\strike0 basar\f0\fs18\cf0\b0\i0\ul0\strike0 el\par\pard\plain

\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 crecimiento\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 act
ividades\f0\fs18\cf0\b0\i0\ul0\strike0 hasta\f0\fs18\cf0\b0\i0\ul0\strike0 la\
f0\fs18\cf0\b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollada
s\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 dos\f0\fs18\
cf0\b0\i0\ul0\strike0 personas\f0\fs18\cf0\b0\i0\ul0\strike0 jur\u237?dicas\pa
r\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 independientes\f0\fs18\
cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Grupo\f0\fs18\cf0\b0\i
0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\
i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Pa\u237?s:\f0\fs18\cf0\b0\i0\u
l0\strike0 TdP\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0
M\u243?viles.\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-290\
par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Sint\u233?ticamente,\
f0\fs18\cf0\b0\i0\ul0\strike0 este\f0\fs18\cf0\b0\i0\ul0\strike0 cambio\f0\fs1
8\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 refleja\f0\fs18\cf0\b
0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\st
rike0 siguientes\f0\fs18\cf0\b0\i0\ul0\strike0 elementos:\par\pard\plain\sl-21
9\par\pard\plain\li3142\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 (a)\f0\fs18\cf0\b0\
i0\ul0\strike0 Se\f0\fs18\cf0\b0\i0\ul0\strike0 han\f0\fs18\cf0\b0\i0\ul0\stri
ke0 producido\f0\fs18\cf0\b0\i0\ul0\strike0 cambios\f0\fs18\cf0\b0\i0\ul0\stri
ke0 decisivos\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 mercado\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs
18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0
\ul0\strike0 competencia,\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\st
rike0 orientados\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0
permitir\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 comer
cializaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
ofertas\f0\fs18\cf0\b0\i0\ul0\strike0 combinadas\f0\fs18\cf0\b0\i0\ul0\strike
0 de\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 telefon\u237?a\
f0\fs18\cf0\b0\i0\ul0\strike0 fija\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0
\b0\i0\ul0\strike0 m\u243?vil,\f0\fs18\cf0\b0\i0\ul0\strike0 banda\f0\fs18\cf0
\b0\i0\ul0\strike0 ancha\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0
\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 audiovisuales\f0\fs18\cf0\b0\
i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strik
e0 incluyen\par\pard\plain\li3205\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 (i)\f0\f
s18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 aparici\u243?n\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 grandes\f0\fs18\cf0
\b0\i0\ul0\strike0 operadores\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?viles\f0\fs
18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 disfrutan\f0\fs18\c
f0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li320
5\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 beneficios\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 notables\f0\fs18\cf0\b0\i0\ul0\strike0 econo
m\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 escal
a\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 alcance,\f0\fs
18\cf0\b0\i0\ul0\strike0 (ii)\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\
i0\ul0\strike0 competencia\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 operadores\f0\fs18\cf0\b0\i0\ul0\strike
0 que\f0\fs18\cf0\b0\i0\ul0\strike0 combinan\f0\fs18\cf0\b0\i0\ul0\strike0 be
neficios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 escala
\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\c
f0\b0\i0\ul0\strike0 oferta\f0\fs18\cf0\b0\i0\ul0\strike0 integrada\par\pard\p
lain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 fijos\f0\fs18\cf0\b0\i0\ul0\strike0
y\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 y
,\f0\fs18\cf0\b0\i0\ul0\strike0 (iii)\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18
\cf0\b0\i0\ul0\strike0 aparici\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18
\cf0\b0\i0\ul0\strike0 prestadores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf
0\b0\i0\ul0\strike0 servicios\par\pard\plain\li3205\sl-350\f0\fs18\cf0\b0\i0\ul
0\strike0 variados\f0\fs18\cf0\b0\i0\ul0\strike0 sin\f0\fs18\cf0\b0\i0\ul0\stri
ke0 distinguir\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0

red\f0\fs18\cf0\b0\i0\ul0\strike0 o\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\


cf0\b0\i0\ul0\strike0 dispositivo\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf
0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0
\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 conectan.\par\pard\plain\sl-219\par\
pard\plain\li3142\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 (b)\f0\fs18\cf0\b0\i0\ul0
\strike0 Cambios\f0\fs18\cf0\b0\i0\ul0\strike0 tecnol\u243?gicos\f0\fs18\cf0\b
0\i0\ul0\strike0 muy\f0\fs18\cf0\b0\i0\ul0\strike0 relevantes\f0\fs18\cf0\b0\i
0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 pueden\f0\fs18\cf0\b0\i0\ul0\s
trike0 resumirse\f0\fs18\cf0\b0\i0\ul0\strike0 en:\f0\fs18\cf0\b0\i0\ul0\strik
e0 (i)\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li3205\sl-345\f0\fs18\c
f0\b0\i0\ul0\strike0 tendencia\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\
i0\ul0\strike0 desarrollo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 redes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 telecomunicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 -\f0\fs18\cf0\b0\i0\ul0\str
ike0 fijas\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 m\u2
43?viles\f0\fs18\cf0\b0\i0\ul0\strike0 -\sect\sectd\sbkpage\pgwsxn11905\pghsxn1
6837\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\p
ard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li32
05\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 basadas\f0\fs18\cf0\b0\i0\ul0\strike0 e
n\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 denominado\f0
\fs18\cf0\b0\i0\ul0\strike0 \u8220?Protocolo\f0\fs18\cf0\b0\i0\ul0\strike0 IP\
u8221?,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 forma\f
0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 tanto\f0\fs18\c
f0\b0\i0\ul0\strike0 la\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 construcci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 redes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 co
municaciones\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li3205\sl-350\f0\fs18\cf0\b0\i0
\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 asociados\f0\fs18\cf0\b0\i
0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollar\u225?n\f0\fs18\cf0\
b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 este\f0\fs18\cf0\b0\i0\ul0\
strike0 entorno\f0\fs18\cf0\b0\i0\ul0\strike0 IP,\f0\fs18\cf0\b0\i0\ul0\strike
0 eliminando\f0\fs18\cf0\b0\i0\ul0\strike0 gran\par\pard\plain\li3205\sl-345\f
0\fs18\cf0\b0\i0\ul0\strike0 parte\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 fronteras\f0\fs18\cf0\b0\
i0\ul0\strike0 entre\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\s
trike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?viles\f0\fs18\cf0\b0\i0\
ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0
servicios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 rede
s\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 fijas,\f0\fs18\cf0\
b0\i0\ul0\strike0 posibilitando\f0\fs18\cf0\b0\i0\ul0\strike0 grandes\f0\fs18\
cf0\b0\i0\ul0\strike0 econom\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\
cf0\b0\i0\ul0\strike0 escala\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i
0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 inversi\u243?n\f0\fs18\cf0\b0\i
0\ul0\strike0 futura\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li3205\sl
-345\f0\fs18\cf0\b0\i0\ul0\strike0 estas\f0\fs18\cf0\b0\i0\ul0\strike0 redes;\f
0\fs18\cf0\b0\i0\ul0\strike0 (ii)\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0
\b0\i0\ul0\strike0 desarrollo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 nuevos\f0\fs18\cf0\b0\i0\ul0\strike0 terminales\f0\fs18\cf0\b0\
i0\ul0\strike0 capaces\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\
strike0 conectarse\par\pard\plain\li3205\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 i
ndistintamente\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 r
edes\f0\fs18\cf0\b0\i0\ul0\strike0 fijas\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs
18\cf0\b0\i0\ul0\strike0 m\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 acceder\f0\fs18\cf0\b0\
i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 todo\f0\fs18\cf0\b0\i0\ul0\stri
ke0 tipo\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li3205\sl-345\f0\fs18
\cf0\b0\i0\ul0\strike0 contenidos\f0\fs18\cf0\b0\i0\ul0\strike0 multimedia;\f0\

fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 (iii)\f0\fs18\cf0\b


0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollo\f0\fs18\cf0\b0\i0
\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 redes\f0\fs18\cf0\b0\i0\ul0\stri
ke0 m\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 tercera\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 generaci\u
243?n\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 soportan
\f0\fs18\cf0\b0\i0\ul0\strike0 voz,\f0\fs18\cf0\b0\i0\ul0\strike0 datos,\f0\fs
18\cf0\b0\i0\ul0\strike0 internet\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\
b0\i0\ul0\strike0 contenidos\f0\fs18\cf0\b0\i0\ul0\strike0 multimedia.\par\par
d\plain\sl-219\par\pard\plain\li3142\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 (c)\f0
\fs18\cf0\b0\i0\ul0\strike0 Finalmente,\f0\fs18\cf0\b0\i0\ul0\strike0 desde\f0
\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 perspectiva\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0
\ul0\strike0 demanda,\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\s
trike0 cliente\f0\fs18\cf0\b0\i0\ul0\strike0 considera\f0\fs18\cf0\b0\i0\ul0\s
trike0 el\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?vil
\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\c
f0\b0\i0\ul0\strike0 elemento\f0\fs18\cf0\b0\i0\ul0\strike0 indispensable\f0\f
s18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 sus\f0\fs18\cf0\b0\
i0\ul0\strike0 comunicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 voz\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strik
e0 ya\par\pard\plain\li3205\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0
\b0\i0\ul0\strike0 s\u243?lo\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0
\i0\ul0\strike0 aquellas\f0\fs18\cf0\b0\i0\ul0\strike0 situaciones\f0\fs18\cf0
\b0\i0\ul0\strike0 vinculadas\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i
0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 movilidad.\f0\fs18\cf0\b0\i0\ul
0\strike0 Asimismo,\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li3205\sl345\f0\fs18\cf0\b0\i0\ul0\strike0 r\u225?pida\f0\fs18\cf0\b0\i0\ul0\strike0 pen
etraci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0
uso\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 internet\f0
\fs18\cf0\b0\i0\ul0\strike0 est\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 produciend
o\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 notable\par\p
ard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 crecimiento\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\stri
ke0 banda\f0\fs18\cf0\b0\i0\ul0\strike0 ancha\f0\fs18\cf0\b0\i0\ul0\strike0 y
\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 creciente\f0\
fs18\cf0\b0\i0\ul0\strike0 demanda\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\
cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 estos\par\pard\plain\l
i3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 accesos\f0\fs18\cf0\b0\i0\ul0\strike0
sean\f0\fs18\cf0\b0\i0\ul0\strike0 posibles\f0\fs18\cf0\b0\i0\ul0\strike0 de
sde\f0\fs18\cf0\b0\i0\ul0\strike0 terminales\f0\fs18\cf0\b0\i0\ul0\strike0 fij
as\f0\fs18\cf0\b0\i0\ul0\strike0 o\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?viles\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 manera\par\pard
\plain\li3205\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 indistinta.\f0\fs18\cf0\b0\i0
\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 definitiva,\f0\fs18\cf0\b0\i0\ul
0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\i0\ul0\strike0
m\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 clientes\f0\fs18\cf0\b0\i0\ul0\strike0
demandan\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike
0 y\par\pard\plain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 soluciones\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 comunicaciones,\f0\f
s18\cf0\b0\i0\ul0\strike0 informaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\
fs18\cf0\b0\i0\ul0\strike0 entretenimiento\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0
\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 acceso\par\pard\p
lain\li3205\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike
0 banda\f0\fs18\cf0\b0\i0\ul0\strike0 ancha\f0\fs18\cf0\b0\i0\ul0\strike0 fij
a\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\
b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\i0\ul0\s
trike0 son\f0\fs18\cf0\b0\i0\ul0\strike0 demandantes\f0\fs18\cf0\b0\i0\ul0\str
ike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0
y\f0\fs18\cf0\b0\i0\ul0\strike0 soluciones\par\pard\plain\li3205\sl-345\f0\fs1

8\cf0\b0\i0\ul0\strike0 equivalentes\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf


0\b0\i0\ul0\strike0 trav\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b
0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones\f0\fs18\
cf0\b0\i0\ul0\strike0 m\u243?viles.\par\pard\plain\sl-224\par\pard\plain\li2008
\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Los\f0\fs18\cf0\b0\i0\ul0\strike0 anterio
res\f0\fs18\cf0\b0\i0\ul0\strike0 cambios\f0\fs18\cf0\b0\i0\ul0\strike0 han\f0
\fs18\cf0\b0\i0\ul0\strike0 tenido\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf
0\b0\i0\ul0\strike0 impacto\f0\fs18\cf0\b0\i0\ul0\strike0 fundamental\f0\fs18\
cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\u
l0\strike0 operadores\f0\fs18\cf0\b0\i0\ul0\strike0 fijos\f0\fs18\cf0\b0\i0\ul
0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?v
iles,\f0\fs18\cf0\b0\i0\ul0\strike0 obligando\f0\fs18\cf0\b0\i0\ul0\strike0 a\
f0\fs18\cf0\b0\i0\ul0\strike0 evolucionar\f0\fs18\cf0\b0\i0\ul0\strike0 sus\f0
\fs18\cf0\b0\i0\ul0\strike0 modelos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 negocio\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0
\ul0\strike0 sus\f0\fs18\cf0\b0\i0\ul0\strike0 estrategias\f0\fs18\cf0\b0\i0\u
l0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
fin\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\
b0\i0\ul0\strike0 dotarse\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\f0\fs18\cf0\b0\i0\ul0\strike
0 flexibilidad\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
permita\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 m\u2
25?s\f0\fs18\cf0\b0\i0\ul0\strike0 r\u225?pida\f0\fs18\cf0\b0\i0\ul0\strike0 a
daptaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0
mercado\f0\fs18\cf0\b0\i0\ul0\strike0 y,\par\pard\plain\li2008\sl-345\f0\fs18\c
f0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 ello,\f0\fs18\cf0\b0\i0\
ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\f0\fs18\cf0\b0\i0\ul0\stri
ke0 competitividad\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strik
e0 crecimiento\f0\fs18\cf0\b0\i0\ul0\strike0 futuro.\par\pard\plain\sl-219\par
\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0
\strike0 este\f0\fs18\cf0\b0\i0\ul0\strike0 contexto,\f0\fs18\cf0\b0\i0\ul0\st
rike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 Directorios\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TdP\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\f
s18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 considera
n\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\
cf0\b0\i0\ul0\strike0 estrategia\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\pla
in\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\f0\fs18\cf0\b0\i0\ul0\strik
e0 orientaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\stri
ke0 las\f0\fs18\cf0\b0\i0\ul0\strike0 necesidades\f0\fs18\cf0\b0\i0\ul0\strike
0 de\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 comunicaci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0
ocio\f0\fs18\cf0\b0\i0\ul0\strike0 e\f0\fs18\cf0\b0\i0\ul0\strike0 informaci
\u243?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\c
f0\b0\i0\ul0\strike0 cliente\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i
0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 conjunto\f0\fs18\cf0\b0\i0\ul0\
strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 for
ma\f0\fs18\cf0\b0\i0\ul0\strike0 espec\u237?fica,\f0\fs18\cf0\b0\i0\ul0\strike0
para\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 segmen
to\f0\fs18\cf0\b0\i0\ul0\strike0 determinado\f0\fs18\cf0\b0\i0\ul0\strike0 de\
par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 clientes,\f0\fs18\cf0
\b0\i0\ul0\strike0 combinando\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 forma\f0\fs18\cf0\b0\i0\ul0\strike0 \u243?ptima\f0\fs18\cf0\b0\
i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 plataformas\f0\fs18\cf0\b0\i0
\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 comunicaciones\f0\fs18\cf0\b0\i0
\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike
0 se\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 disponga\f0\fs1
8\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i
0\ul0\strike0 mercado,\f0\fs18\cf0\b0\i0\ul0\strike0 producir\u225?\f0\fs18\cf
0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 efecto\f0\fs18\cf0\b0\i0\
ul0\strike0 muy\f0\fs18\cf0\b0\i0\ul0\strike0 positivo,\f0\fs18\cf0\b0\i0\ul0\

strike0 asegurando\f0\fs18\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li2008\sl-3


50\f0\fs18\cf0\b0\i0\ul0\strike0 crecimiento\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 penetraci\u243?n
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf
0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 m\u243?viles\f0\fs
18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\
ul0\strike0 banda\f0\fs18\cf0\b0\i0\ul0\strike0 ancha\f0\fs18\cf0\b0\i0\ul0\st
rike0 fija,\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 una
\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\f0\fs18\cf0\b0
\i0\ul0\strike0 fidelizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 clientes\f0\fs18\cf0\b0\i
0\ul0\strike0 mediante\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\
strike0 desarrollo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 una\f0\fs18\cf0\b0\i0\ul0\strike0 m\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0
amplia\f0\fs18\cf0\b0\i0\ul0\strike0 oferta\f0\fs18\cf0\b0\i0\ul0\strike0 de\p
ar\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 nuevos\f0\fs18\cf0\b0\
i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0
\strike0 soluciones,\f0\fs18\cf0\b0\i0\ul0\strike0 reforzando\f0\fs18\cf0\b0\i
0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 posici\u243?n\f0\fs18\cf0\b0\i0
\ul0\strike0 competitiva\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0
\strike0 permitiendo\f0\fs18\cf0\b0\i0\ul0\strike0 una\par\pard\plain\li2008\s
l-345\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\f0\fs18\cf0\b0\i0\ul0\strike0 acelera
ci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 ritm
o\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 crecimiento,\
f0\fs18\cf0\b0\i0\ul0\strike0 fundamental\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\
fs18\cf0\b0\i0\ul0\strike0 especial\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\c
f0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 mercados\par\pard\plain
\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 m
\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 elevada\f0\fs18\cf0\b0\i0\ul0\strike0 pe
netraci\u243?n.\f0\fs18\cf0\b0\i0\ul0\strike0 Asimismo,\f0\fs18\cf0\b0\i0\ul0\s
trike0 posibilitar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul
0\strike0 aumento\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strik
e0 la\f0\fs18\cf0\b0\i0\ul0\strike0 eficiencia\f0\fs18\cf0\b0\i0\ul0\strike0
en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 uso\par\pard
\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 las\f0\fs18\cf0\b0\i0\ul0\strike0 infraestructuras,\f0\fs18\cf0\b0\i0\ul0\
strike0 especialmente\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\s
trike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollo\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 redes\f
0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 banda\f0\fs18\cf
0\b0\i0\ul0\strike0 ancha\f0\fs18\cf0\b0\i0\ul0\strike0 fija\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 m\u24
3?vil,\f0\fs18\cf0\b0\i0\ul0\strike0 generando\f0\fs18\cf0\b0\i0\ul0\strike0 a
s\u237?\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 \u243?
ptima\f0\fs18\cf0\b0\i0\ul0\strike0 propuesta\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\c
f0\b0\i0\ul0\strike0 nuestros\f0\fs18\cf0\b0\i0\ul0\strike0 clientes\f0\fs18\c
f0\b0\i0\ul0\strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul
0\strike0 tanto,\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 may
or\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18
\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\c
f0\b0\i0\ul0\strike0 facilitando\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\
b0\i0\ul0\strike0 consecuci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf
0\b0\i0\ul0\strike0 crecimientos\f0\fs18\cf0\b0\i0\ul0\strike0 rentables\f0\fs
18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\s
trike0 sostenibles.\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\p
ard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li2575\sl-246\f0\fs18\cf0\
b0\i0\ul0\strike0 La\f0\fs18\cf0\b0\i0\ul0\strike0 propuesta\f0\fs18\cf0\b0\i0\

ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0


\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TdP\f0\fs18\cf0\b0\i0\ul0\strike0 y
\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 obed
ece\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 estas\f0\fs1
8\cf0\b0\i0\ul0\strike0 necesidades\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\
plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 adaptar\f0\fs18\cf0\b0\i0\ul0\
strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 estrategia\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 negocio\f0\fs18\cf0\b0\i0\ul0\strike0 al
\f0\fs18\cf0\b0\i0\ul0\strike0 nuevo\f0\fs18\cf0\b0\i0\ul0\strike0 entorno\f0\
fs18\cf0\b0\i0\ul0\strike0 competitivo\f0\fs18\cf0\b0\i0\ul0\strike0 descrito.
\f0\fs18\cf0\b0\i0\ul0\strike0 Los\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\
i0\ul0\strike0 Directorios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 ambas\f0\fs18\cf0\b0\i0\ul0\strike0 compa\u241?\u237?as\f0\fs18\cf0
\b0\i0\ul0\strike0 consideran\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0
\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0
\ul0\strike0 propuesta\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\
strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 mecanismo\par\pard\plain\li2008\sl-34
5\f0\fs18\cf0\b0\i0\ul0\strike0 m\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 eficaz\f
0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 afrontar\f0\fs
18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 nuevas\f0\fs18\cf0\
b0\i0\ul0\strike0 demandas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\
ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 clientes,\f0\fs18\cf0\b0\i0\ul0\
strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 cambio\f0\fs18\cf0\b0\i0\ul0\strike0
tecnol\u243?gico\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\
f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 nuevo\f0\fs18\cf
0\b0\i0\ul0\strike0 entorno\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 competencia\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul
0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 mercado,\f0\fs18\cf0\b0\i0\ul0\stri
ke0 permitiendo\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike
0 mayor\f0\fs18\cf0\b0\i0\ul0\strike0 creaci\u243?n\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18
\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i
0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 TdP\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0
M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 fac
ilitando\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 los\f
0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0
\strike0 segunda\f0\fs18\cf0\b0\i0\ul0\strike0 pasen\f0\fs18\cf0\b0\i0\ul0\stri
ke0 a\f0\fs18\cf0\b0\i0\ul0\strike0 serlo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0
\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 primera,\f0\fs18\
cf0\b0\i0\ul0\strike0 consolid\u225?ndose\f0\fs18\cf0\b0\i0\ul0\strike0 as\u23
7?\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 bases\f0\fs
18\cf0\b0\i0\ul0\strike0 accionariales\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pa
rd\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 ambas\f0\fs18\cf0\b0\i0\ul0
\strike0 compa\u241?\u237?as.\par\pard\plain\sl-200\par\pard\plain\sl-365\par\p
ard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 El\f0\fs18\cf0\b0\i0\ul0\s
trike0 Per\u250?\f0\fs18\cf0\b0\i0\ul0\strike0 est\u225?\f0\fs18\cf0\b0\i0\ul0
\strike0 creciendo\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strik
e0 queremos\f0\fs18\cf0\b0\i0\ul0\strike0 acompa\u241?arlo\f0\fs18\cf0\b0\i0\u
l0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 tal\f0\fs18\cf0\b0\i0\ul0\strike0
crecimiento;\f0\fs18\cf0\b0\i0\ul0\strike0 queremos\f0\fs18\cf0\b0\i0\ul0\stri
ke0 ser\f0\fs18\cf0\b0\i0\ul0\strike0 parte\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0
\ul0\strike0 esfuerzos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0
\strike0 incluir\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\stri
ke0 vez\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 m\u225?
s\f0\fs18\cf0\b0\i0\ul0\strike0 peruanos\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs
18\cf0\b0\i0\ul0\strike0 trav\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\
cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 beneficios\f0\fs18\cf0

\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\par\pard\plain\li2008\


sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 tecnolog\u237?as\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 informa
ci\u243?n.\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 esa\
f0\fs18\cf0\b0\i0\ul0\strike0 l\u237?nea,\f0\fs18\cf0\b0\i0\ul0\strike0 esta\f
0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 contrib
uir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0
\fs18\cf0\b0\i0\ul0\strike0 podamos\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0
\i0\ul0\strike0 satisfacer\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\u
l0\strike0 forma\f0\fs18\cf0\b0\i0\ul0\strike0 \u243?ptima\f0\fs18\cf0\b0\i0\u
l0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 mayores\f0\fs18\cf0\b0\i0\ul0\str
ike0 necesidades\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 comunicaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\str
ike0 nuestros\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 client
es,\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 soluciones
\f0\fs18\cf0\b0\i0\ul0\strike0 integrales.\par\pard\plain\sl-200\par\pard\plain
\sl-312\par\pard\plain\li4279\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 III.\f0\fs24\
cf0\b0\i0\ul0\strike0 EMPRESAS\f0\fs24\cf0\b0\i0\ul0\strike0 PARTICIPANTES\par
\pard\plain\sl-200\par\pard\plain\sl-306\par\pard\plain\li4190\sl-270\f0\fs20\cf
0\b0\i0\ul0\strike0 III.1\f0\fs20\cf0\b0\i0\ul0\strike0 SOCIEDAD\f0\fs20\cf0\b0
\i0\ul0\strike0 ABSORBENTE:\f0\fs20\cf0\b0\i0\ul0\strike0 TDP\par\pard\plain\s
l-200\par\pard\plain\sl-254\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\s
trike0 Identificaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 compa\u241?\u237?a\par\pard\plain\
sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\
strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 una
\f0\fs18\cf0\b0\i0\ul0\strike0 sociedad\f0\fs18\cf0\b0\i0\ul0\strike0 an\u243?
nima\f0\fs18\cf0\b0\i0\ul0\strike0 abierta\f0\fs18\cf0\b0\i0\ul0\strike0 con\f
0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 \u218?nico
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Contribuyente\
f0\fs18\cf0\b0\i0\ul0\strike0 No.\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i
0\ul0\strike0 20100017491,\f0\fs18\cf0\b0\i0\ul0\strike0 debidamente\f0\fs18\cf
0\b0\i0\ul0\strike0 inscrita\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i
0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 partida\f0\fs18\cf0\b0\i0\ul0\s
trike0 electr\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 No.\f0\fs18\cf0\b0\i0\ul
0\strike0 11015766\f0\fs18\cf0\b0\i0\ul0\strike0 del\par\pard\plain\li2008\sl345\f0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 Personas\f0\fs18\cf0\b0\i0\ul0\strike0 Jur\u237?dic
as\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\c
f0\b0\i0\ul0\strike0 Oficina\f0\fs18\cf0\b0\i0\ul0\strike0 Registral\f0\fs18\c
f0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Lima.\par\pard\plain\sl
-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\st
rike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 domicilio\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18
\cf0\b0\i0\ul0\strike0 encuentra\f0\fs18\cf0\b0\i0\ul0\strike0 ubicado\f0\fs18
\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u
l0\strike0 Avenida\f0\fs18\cf0\b0\i0\ul0\strike0 Arequipa\f0\fs18\cf0\b0\i0\ul
0\strike0 1155,\f0\fs18\cf0\b0\i0\ul0\strike0 Urbanizaci\u243?n\par\pard\plain
\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 Santa\f0\fs18\cf0\b0\i0\ul0\strike0
Beatriz,\f0\fs18\cf0\b0\i0\ul0\strike0 distrito\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 Lima,\f0\fs18\cf0\b0\i0\ul0\strike0 provinc
ia\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 departamento\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Lima.\par\pard\
plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i
0\ul0\strike0 Capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul
0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 composici\u243?n\f0\fs18\cf0\b0\i0\u
l0\strike0 accionaria\par\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plai
n\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0
cuenta\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\
fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs1

8\cf0\b0\i0\ul0\strike0 ascendente\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0


\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 suma\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 2
\f0\fs18\cf0\b0\i0\ul0\strike0 878\f0\fs18\cf0\b0\i0\ul0\strike0 642\f0\fs18\c
f0\b0\i0\ul0\strike0 696.14\f0\fs18\cf0\b0\i0\ul0\strike0 (Dos\par\pard\plain\
li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 o
chocientos\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\strike0
y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f
0\fs18\cf0\b0\i0\ul0\strike0 seiscientos\f0\fs18\cf0\b0\i0\ul0\strike0 cuarent
a\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 dos\f0\fs18\cf
0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 seiscientos\par\pard\pla
in\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 noventa\f0\fs18\cf0\b0\i0\ul0\str
ike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 seis\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\
fs18\cf0\b0\i0\ul0\strike0 14/100\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18
\cf0\b0\i0\ul0\strike0 Soles),\f0\fs18\cf0\b0\i0\ul0\strike0 representado\f0\f
s18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i
0\ul0\strike0 347\f0\fs18\cf0\b0\i0\ul0\strike0 258\f0\fs18\cf0\b0\i0\ul0\stri
ke0 949\f0\fs18\cf0\b0\i0\ul0\strike0 (Tres\f0\fs18\cf0\b0\i0\ul0\strike0 mil
\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 trescientas\f0\fs18\
cf0\b0\i0\ul0\strike0 cuarenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\
i0\ul0\strike0 siete\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\
ul0\strike0 doscientas\f0\fs18\cf0\b0\i0\ul0\strike0 cincuenta\f0\fs18\cf0\b0\
i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0\b0\i0\ul0\stri
ke0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 novecientas\par\pard\plain\li2008\sl-345
\f0\fs18\cf0\b0\i0\ul0\strike0 cuarenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18
\cf0\b0\i0\ul0\strike0 nueve)\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\c
f0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0
\strike0 valor\f0\fs18\cf0\b0\i0\ul0\strike0 nominal\f0\fs18\cf0\b0\i0\ul0\str
ike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 0.86\
f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 acci\u243?n,\f
0\fs18\cf0\b0\i0\ul0\strike0 \u237?ntegramente\par\pard\plain\li2008\sl-350\f0\
fs18\cf0\b0\i0\ul0\strike0 suscritas\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf
0\b0\i0\ul0\strike0 totalmente\f0\fs18\cf0\b0\i0\ul0\strike0 pagadas,\f0\fs18\
cf0\b0\i0\ul0\strike0 distribuidas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf
0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i
0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?B\u8221?\f0\fs18\cf0\
b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\
strike0 \u8220?C\u8221?.\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols
1\colno1\colw11900\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\p
ard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 Las\f0\fs18\cf0\b0\i0\ul0\
strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 las\f0\fs18\cf0\b0\i0\ul0\strike0 Clases\f0\fs18\cf0\b0\i0\ul0\strike0 B\f0
\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 C\f0\fs18\cf0\b0\i
0\ul0\strike0 representativas\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0
\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 e
ncuentran\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 inscritas\f
0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b
0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Bolsa\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\
cf0\b0\i0\ul0\strike0 Lima\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0
\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Nemot\u233?cnico\par\pard\plain\
li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 TELEFBC1\f0\fs18\cf0\b0\i0\ul0\strik
e0 y\f0\fs18\cf0\b0\i0\ul0\strike0 TELEFCC1,\f0\fs18\cf0\b0\i0\ul0\strike0 re
spectivamente,\f0\fs18\cf0\b0\i0\ul0\strike0 as\u237?\f0\fs18\cf0\b0\i0\ul0\str
ike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f

0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 P\u250?bli


co\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\par
\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Superintendencia\f0\fs18\cf0\b0\i0\ul0\stri
ke0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 Valores.\par\pard\plain\sl-200\par\pard\plain\s
l-245\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0
\b0\i0\ul0\strike0 pertenece\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i
0\ul0\strike0 Grupo\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\
b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\str
ike0 31\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 diciem
bre\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 2012\f0\fs1
8\cf0\b0\i0\ul0\strike0 tiene\f0\fs18\cf0\b0\i0\ul0\strike0 como\par\pard\plai
n\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 principales\f0\fs18\cf0\b0\i0\ul0\
strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\stri
ke0 los\f0\fs18\cf0\b0\i0\ul0\strike0 siguientes:\par\sect\sected\sbknone\cols
2\colno1\colw2710\colsr10\colno2\colw9180\pard\plain\sl-200\par\pard\plain\sl-30
4\par\pard\plain\li2368\sl-196\f1\fs18\cf0\b0\i0\ul0\strike0 \u183?\par\pard\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\
pard\plain\sl-200\par\pard\plain\sl-214\par\pard\plain\li2368\sl-196\f1\fs18\cf0
\b0\i0\ul0\strike0 \u183?\par\pard\column\plain\sl-200\par\pard\plain\sl-245\par
\pard\plain\li0\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0
\b0\i0\ul0\strike0 Latinoam\u233?rica\f0\fs18\cf0\b0\i0\ul0\strike0 Holding\f0
\fs18\cf0\b0\i0\ul0\strike0 S.L.,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf
0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 titular\f0\fs18\cf0\b0\i0
\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 1,679,667,042\f0\fs18\cf0\b0\i0\
ul0\strike0 (Un\f0\fs18\cf0\b0\i0\ul0\strike0 mil\par\pard\plain\li0\sl-268\f0
\fs18\cf0\b0\i0\ul0\strike0 seiscientas\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\f
0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 nueve\f0\fs18\cf0
\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike0 seiscientas\f0\fs18\
cf0\b0\i0\ul0\strike0 sesenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i
0\ul0\strike0 siete\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\st
rike0 cuarenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li0\sl-264\f0\fs
18\cf0\b0\i0\ul0\strike0 dos)\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\u
l0\strike0 B,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
representan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 50
.180%\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 capital\
f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard
\plain\li0\sl-268\f0\fs18\cf0\b0\i0\ul0\strike0 TDP;\f0\fs18\cf0\b0\i0\ul0\strik
e0 y,\par\pard\plain\sl-363\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\str
ike0 Latin\f0\fs18\cf0\b0\i0\ul0\strike0 America\f0\fs18\cf0\b0\i0\ul0\strike0
Cellular\f0\fs18\cf0\b0\i0\ul0\strike0 Holdings\f0\fs18\cf0\b0\i0\ul0\strike0
B.V.,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\f
s18\cf0\b0\i0\ul0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 1\f0\fs18\cf0\b0\i0\ul0\strike0 616\f0\fs18\cf0\b0\i0\ul0\s
trike0 989\f0\fs18\cf0\b0\i0\ul0\strike0 235\f0\fs18\cf0\b0\i0\ul0\strike0 (U
n\f0\fs18\cf0\b0\i0\ul0\strike0 mil\par\sect\sected\sbknone\cols1\colno1\colw11
900\pard\plain\li2728\sl-340\f0\fs18\cf0\b0\i0\ul0\strike0 seiscientos\f0\fs18\c
f0\b0\i0\ul0\strike0 diecis\u233?is\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\
fs18\cf0\b0\i0\ul0\strike0 novecientas\f0\fs18\cf0\b0\i0\ul0\strike0 ochenta\f
0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 nueve\f0\fs18\cf0
\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 doscientas\par\pard\plain
\li2728\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 treinta\f0\fs18\cf0\b0\i0\ul0\strik
e0 y\f0\fs18\cf0\b0\i0\ul0\strike0 cinco)\f0\fs18\cf0\b0\i0\ul0\strike0 accio
nes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs
18\cf0\b0\i0\ul0\strike0 B,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i
0\ul0\strike0 representan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\u
l0\strike0 48.308%\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\str

ike0 capital\par\pard\plain\li2728\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 social\


f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP.\par\pard\p
lain\sl-200\par\pard\plain\sl-250\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0
\ul0\strike0 Objeto\f0\fs18\cf0\b0\i0\ul0\strike0 social\par\pard\plain\sl-200\
par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0
El\f0\fs18\cf0\b0\i0\ul0\strike0 estatuto\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0
\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 dispone\f0\fs18\
cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 \u233?sta\f0\fs18\cf0\
b0\i0\ul0\strike0 tiene\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\u
l0\strike0 objeto\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\s
trike0 dedicarse\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 prestaci\u243?n\par\pard\plain\li2008\sl-345
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 toda\f0\fs18\cf
0\b0\i0\ul0\strike0 clase\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 telecomunicaciones,\f0\fs18\cf0\b0\i0\ul0\strike0 pudiendo\f0\fs18\cf0\b
0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 tal\f0\fs18\cf0\b0\i0\ul0\str
ike0 efecto\f0\fs18\cf0\b0\i0\ul0\strike0 dedicarse\f0\fs18\cf0\b0\i0\ul0\stri
ke0 al\par\sect\sected\sbknone\cols7\colno1\colw2910\colsr10\colno2\colw1310\co
lsr10\colno3\colw1550\colsr10\colno4\colw1170\colsr10\colno5\colw950\colsr10\col
no6\colw1370\colsr10\colno7\colw2580\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\
ul0\strike0 dise\u241?o,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\ul0\
strike0 instalaci\u243?n,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\ul0
\strike0 conservaci\u243?n,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\u
l0\strike0 refacci\u243?n,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\ul
0\strike0 mejora,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\ul0\strike0
adquisici\u243?n,\par\pard\plain\li0\sl-350\column\f0\fs18\cf0\b0\i0\ul0\strike
0 enajenaci\u243?n,\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 interconexi\u243?n,\f0\fs18\cf0\b0\i0\
ul0\strike0 gesti\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 administraci\u243?n\f0
\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 cualquier\f0\fs18\
cf0\b0\i0\ul0\strike0 otra\f0\fs18\cf0\b0\i0\ul0\strike0 actividad\f0\fs18\cf0
\b0\i0\ul0\strike0 vinculada\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0
\ul0\strike0 l\u237?neas,\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\st
rike0 sat\u233?lites,\f0\fs18\cf0\b0\i0\ul0\strike0 equipos,\f0\fs18\cf0\b0\i0\
ul0\strike0 sistemas,\f0\fs18\cf0\b0\i0\ul0\strike0 incluyendo\f0\fs18\cf0\b0\
i0\ul0\strike0 base\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\str
ike0 datos,\f0\fs18\cf0\b0\i0\ul0\strike0 software\f0\fs18\cf0\b0\i0\ul0\strik
e0 e\f0\fs18\cf0\b0\i0\ul0\strike0 infraestructuras\par\pard\plain\li2008\sl-3
45\f0\fs18\cf0\b0\i0\ul0\strike0 t\u233?cnicas\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones,\f0\fs18\cf0\b0\i0\ul0\strike
0 actuales\f0\fs18\cf0\b0\i0\ul0\strike0 o\f0\fs18\cf0\b0\i0\ul0\strike0 futu
ras.\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-397\p
ar\pard\plain\li3998\sl-270\f0\fs20\cf0\b0\i0\ul0\strike0 III.2\f0\fs20\cf0\b0\i
0\ul0\strike0 SOCIEDAD\f0\fs20\cf0\b0\i0\ul0\strike0 ABSORBIDA:\f0\fs20\cf0\b0
\i0\ul0\strike0 M\f0\fs20\cf0\b0\i0\ul0\strike0 \u211?VILES\par\pard\plain\sl200\par\pard\plain\sl-254\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\str
ike0 Identificaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 compa\u241?\u237?a\par\pard\plain\sl
-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\st
rike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strik
e0 una\f0\fs18\cf0\b0\i0\ul0\strike0 sociedad\f0\fs18\cf0\b0\i0\ul0\strike0 a
n\u243?nima\f0\fs18\cf0\b0\i0\ul0\strike0 constituida\f0\fs18\cf0\b0\i0\ul0\str
ike0 mediante\f0\fs18\cf0\b0\i0\ul0\strike0 escritura\f0\fs18\cf0\b0\i0\ul0\st
rike0 p\u250?blica\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 14\par\pard\plain\li2008\sl-345\f0\fs1
8\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 julio\f0\fs18\cf0\b0\i
0\ul0\strike0 1989\f0\fs18\cf0\b0\i0\ul0\strike0 otorgada\f0\fs18\cf0\b0\i0\ul
0\strike0 ante\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0

Notario\f0\fs18\cf0\b0\i0\ul0\strike0 P\u250?blico\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Lima\f0\fs18\cf0\b0\i0\ul0\strike0 Manuel
\f0\fs18\cf0\b0\i0\ul0\strike0 Noya\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Piedra,\f0\fs18\cf0\b0\i
0\ul0\strike0 con\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 Re
gistro\f0\fs18\cf0\b0\i0\ul0\strike0 \u218?nico\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 Contribuyentes\f0\fs18\cf0\b0\i0\ul0\strike0
No\f0\fs18\cf0\b0\i0\ul0\strike0 20100177774\f0\fs18\cf0\b0\i0\ul0\strike0 e\f
0\fs18\cf0\b0\i0\ul0\strike0 inscrita\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18
\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 partida\f0\fs18\cf0\b0
\i0\ul0\strike0 electr\u243?nica\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0
\ul0\strike0 No.\f0\fs18\cf0\b0\i0\ul0\strike0 11007045\f0\fs18\cf0\b0\i0\ul0\s
trike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike
0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Personas\f0\fs18\cf0\b0\i0\ul0\strike0 Jur
\u237?dicas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Lim
a.\f0\fs18\cf0\b0\i0\ul0\strike0 Las\f0\fs18\cf0\b0\i0\ul0\strike0 oficinas\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\f
s18\cf0\b0\i0\ul0\strike0 se\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\
cols1\colno1\colw11900\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\p
ar\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 encuentran\f0\fs18\cf0
\b0\i0\ul0\strike0 ubicadas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0
\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Av.\f0\fs18\cf0\b0\i0\ul0\strike
0 Juan\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Arona\f
0\fs18\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 786,\f0\fs1
8\cf0\b0\i0\ul0\strike0 distrito\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 San\f0\fs18\cf0\b0\i0\ul0\strike0 Isidro,\f0\fs18\cf0\b0\i0\
ul0\strike0 provincia\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike
0 y\f0\fs18\cf0\b0\i0\ul0\strike0 departamento\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 Lima.\par\pard\plain\sl-200\par\pard\plain\sl-2
50\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 Capital\f0\fs18\cf
0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\u
l0\strike0 composici\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 accionaria\par\pard\
plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i
0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 cuenta\f0\fs18\cf0\b0\
i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\stri
ke0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0
ascendente\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\
f0\fs18\cf0\b0\i0\ul0\strike0 suma\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf
0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 172\u8217?867,620.34\par
\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 (ciento\f0\fs18\cf0\b0\i
0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\st
rike0 dos\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike0
ochocientos\f0\fs18\cf0\b0\i0\ul0\strike0 sesenta\f0\fs18\cf0\b0\i0\ul0\strik
e0 y\f0\fs18\cf0\b0\i0\ul0\strike0 siete\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0
\fs18\cf0\b0\i0\ul0\strike0 seiscientos\f0\fs18\cf0\b0\i0\ul0\strike0 veinte\f
0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\u
l0\strike0 34/100\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\st
rike0 Soles),\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
mismo\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs
18\cf0\b0\i0\ul0\strike0 encuentra\f0\fs18\cf0\b0\i0\ul0\strike0 representado\
f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 17,286\u8217?7
62,034\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs
18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 derecho\f0\fs18\cf0
\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 voto\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 val
or\f0\fs18\cf0\b0\i0\ul0\strike0 nominal\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 0.01.\f0\fs18\cf0\
b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 pertenece\f0\fs18

\cf0\b0\i0\ul0\strike0 al\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\st
rike0 Grupo\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0
\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\f
0\fs18\cf0\b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf
0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\
cf0\b0\i0\ul0\strike0 Proyecto\f0\fs18\cf0\b0\i0\ul0\strike0 tiene\f0\fs18\cf0
\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0
\strike0 principal\par\sect\sected\sbknone\cols2\colno1\colw7910\colsr10\colno2
\colw3980\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 accionista\f0\f
s18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 TDP,\f0\fs18\cf0\b0\
i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\stri
ke0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 17
\f0\fs18\cf0\b0\i0\ul0\strike0 286\f0\fs18\cf0\b0\i0\ul0\strike0 018\f0\fs18\c
f0\b0\i0\ul0\strike0 798\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0
\strike0 (Diecisiete\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\st
rike0 doscientos\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li20
08\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 ochenta\f0\fs18\cf0\b0\i0\ul0\strike0 y
\f0\fs18\cf0\b0\i0\ul0\strike0 seis\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\
fs18\cf0\b0\i0\ul0\strike0 dieciocho\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18
\cf0\b0\i0\ul0\strike0 setecientos\f0\fs18\cf0\b0\i0\ul0\strike0 noventa\f0\fs
18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho)\f0\fs18\cf0\b0\
i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 comunes,\par\pard\plain\
li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 r
epresentan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 99.9
9%\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\c
f0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social.\par\pard\pl
ain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\
ul0\strike0 Las\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\st
rike0 representativas\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\
strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\str
ike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strik
e0 se\f0\fs18\cf0\b0\i0\ul0\strike0 encuentran\f0\fs18\cf0\b0\i0\ul0\strike0
inscritas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\pa
r\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Bo
lsa\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Lima\f0\fs18\cf0\b
0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\st
rike0 Nemot\u233?cnico\f0\fs18\cf0\b0\i0\ul0\strike0 TELMOVC1,\f0\fs18\cf0\b0\
i0\ul0\strike0 as\u237?\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 como\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\
fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 P\u250?blico
\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\
b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\st
rike0 Superintendencia\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0
\strike0 Mercado\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 Valores.\par\pard\plain\li5636\sl-345\f0\fs18\cf0
\b0\i0\ul0\strike0 Objeto\f0\fs18\cf0\b0\i0\ul0\strike0 social\par\pard\plain\s
l-200\par\pard\plain\sl-250\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\s
trike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 estatuto\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 d
ispone\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 tiene\f
0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 objeto\f0\fs18
\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 dedicarse\f0\fs18\
cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0
\strike0 prestaci\u243?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\str
ike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 telefon\u237?a\f0\fs18\cf0\b0\i0\ul0\strike0

m\u243?vil,\f0\fs18\cf0\b0\i0\ul0\strike0 troncalizado,\f0\fs18\cf0\b0\i0\ul0\s
trike0 buscapersonas,\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i
0\ul0\strike0 m\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 por\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 sat\u233?lite,\f0\fs18\cf0\b0\i0\ul0\s
trike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 gener
al,\f0\fs18\cf0\b0\i0\ul0\strike0 toda\f0\fs18\cf0\b0\i0\ul0\strike0 clase\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones;\f0\
fs18\cf0\b0\i0\ul0\strike0 pudiendo\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18
\cf0\b0\i0\ul0\strike0 tal\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\s
trike0 efecto\f0\fs18\cf0\b0\i0\ul0\strike0 dedicarse\f0\fs18\cf0\b0\i0\ul0\str
ike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 dise\u241?o,\f0\fs18\cf0\b0\i0\ul0\strik
e0 instalaci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 conservaci\u243?n,\f0\fs18\
cf0\b0\i0\ul0\strike0 refacci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 mejora,\f0
\fs18\cf0\b0\i0\ul0\strike0 adquisici\u243?n,\par\pard\plain\li2008\sl-350\f0\f
s18\cf0\b0\i0\ul0\strike0 enajenaci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 inter
conexi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 gesti\u243?n,\f0\fs18\cf0\b0\i0\ul
0\strike0 administraci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i
0\ul0\strike0 cualquier\f0\fs18\cf0\b0\i0\ul0\strike0 otra\f0\fs18\cf0\b0\i0\u
l0\strike0 actividad\f0\fs18\cf0\b0\i0\ul0\strike0 vinculada\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 l\u23
7?neas,\f0\fs18\cf0\b0\i0\ul0\strike0 sat\u233?lites,\f0\fs18\cf0\b0\i0\ul0\str
ike0 sistemas,\f0\fs18\cf0\b0\i0\ul0\strike0 incluyendo\f0\fs18\cf0\b0\i0\ul0\
strike0 base\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 d
atos,\f0\fs18\cf0\b0\i0\ul0\strike0 software\f0\fs18\cf0\b0\i0\ul0\strike0 e\f
0\fs18\cf0\b0\i0\ul0\strike0 infraestructuras\par\pard\plain\li2008\sl-345\f0\f
s18\cf0\b0\i0\ul0\strike0 t\u233?cnicas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs1
8\cf0\b0\i0\ul0\strike0 telecomunicaciones;\f0\fs18\cf0\b0\i0\ul0\strike0 part
icipar\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs
18\cf0\b0\i0\ul0\strike0 operaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs1
8\cf0\b0\i0\ul0\strike0 explotaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\
plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones\f0\fs18\cf0
\b0\i0\ul0\strike0 internacionales\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0
\b0\i0\ul0\strike0 trav\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0
\i0\ul0\strike0 sat\u233?lites\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\
i0\ul0\strike0 otros\f0\fs18\cf0\b0\i0\ul0\strike0 medios\f0\fs18\cf0\b0\i0\ul
0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ofrezca\f0\fs18\cf0\b0\i0\ul0\stri
ke0 el\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 desarrollo\f0
\fs18\cf0\b0\i0\ul0\strike0 tecnol\u243?gico;\f0\fs18\cf0\b0\i0\ul0\strike0 co
mercializar\f0\fs18\cf0\b0\i0\ul0\strike0 toda\f0\fs18\cf0\b0\i0\ul0\strike0 c
lase\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 bienes\f0\
fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 servicios;\f0\fs18\
cf0\b0\i0\ul0\strike0 as\u237?\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\
b0\i0\ul0\strike0 realizar\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\s
trike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 edici\u243?n\f0\fs18\cf0\b0\i0\ul0\stri
ke0 impresi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strik
e0 comercializaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 directorios\f0\fs18\cf0\b0\i0\ul0\strike0 telef\u243?nicos.\sect\sec
td\sbkpage\pgwsxn11905\pghsxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-2
00\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-203\par\pard\plain\li3262\sl-300\f0\fs24\cf
0\b0\i0\ul0\strike0 IV.\f0\fs24\cf0\b0\i0\ul0\strike0 LA\f0\fs24\cf0\b0\i0\ul0\
strike0 FORMA\f0\fs24\cf0\b0\i0\ul0\strike0 PROPUESTA\f0\fs24\cf0\b0\i0\ul0\st
rike0 PARA\f0\fs24\cf0\b0\i0\ul0\strike0 LA\f0\fs24\cf0\b0\i0\ul0\strike0 FUS
I\u211?N\par\pard\plain\sl-200\par\pard\plain\sl-268\par\pard\plain\li2008\sl-24
6\f0\fs18\cf0\b0\i0\ul0\strike0 Se\f0\fs18\cf0\b0\i0\ul0\strike0 propone\f0\fs1
8\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\
cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 absorci\u243?n\f0\fs18

\cf0\b0\i0\ul0\strike0 prevista\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b


0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 numeral\f0\fs18\cf0\b0\i0\ul
0\strike0 2\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 A
rt\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 344\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Ley\par\pard\
plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades.\f0\fs18\cf0\b0\i0\ul0\str
ike0 De\f0\fs18\cf0\b0\i0\ul0\strike0 esta\f0\fs18\cf0\b0\i0\ul0\strike0 form
a,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 absorber\u2
25?\f0\fs18\cf0\b0\i0\ul0\strike0 \u8211?\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\
fs18\cf0\b0\i0\ul0\strike0 v\u237?a\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0
\b0\i0\ul0\strike0 absorci\u243?n\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i
0\ul0\strike0 \u8211?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\str
ike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 extingui\u233?ndose\f0\fs18\c
f0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 personalidad\f0\fs18\cf0
\b0\i0\ul0\strike0 jur\u237?dica\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 esta\f0\fs18\cf0\b0\i0\ul0\strike0 \u250?ltima,\f0\fs18\cf0\
b0\i0\ul0\strike0 sin\f0\fs18\cf0\b0\i0\ul0\strike0 necesidad\f0\fs18\cf0\b0\i
0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 liq
uidarse.\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 virtud
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0
\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\
b0\i0\ul0\strike0 asumir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\
i0\ul0\strike0 t\u237?tulo\f0\fs18\cf0\b0\i0\ul0\strike0 universal\f0\fs18\cf0
\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\st
rike0 bloque\f0\fs18\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li2008\sl-345\f0\
fs18\cf0\b0\i0\ul0\strike0 patrimonio\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\
cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 comprendi\u23
3?ndose\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\f
s18\cf0\b0\i0\ul0\strike0 operaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\f
s18\cf0\b0\i0\ul0\strike0 totalidad\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 derechos\f0\fs18\cf0\b0
\i0\ul0\strike0 y\par\sect\sected\sbknone\cols11\colno1\colw3370\colsr10\colno2
\colw450\colsr10\colno3\colw350\colsr10\colno4\colw1050\colsr10\colno5\colw1130\
colsr10\colno6\colw370\colsr10\colno7\colw450\colsr10\colno8\colw1170\colsr10\co
lno9\colw450\colsr10\colno10\colw1370\colsr10\colno11\colw1640\pard\plain\li2008
\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 obligaciones\par\pard\plain\li0\sl-345\col
umn\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li0\sl-345\column\f0\fs18\cf
0\b0\i0\ul0\strike0 la\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\st
rike0 sociedad\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 ab
sorbida\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 y,\par\pa
rd\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 en\par\pard\plain\li0\s
l-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 particular,\par\pard\plain\li0\sl-345
\column\f0\fs18\cf0\b0\i0\ul0\strike0 las\par\pard\plain\li0\sl-345\column\f0\fs
18\cf0\b0\i0\ul0\strike0 concesiones\par\pard\plain\li0\sl-345\column\f0\fs18\cf
0\b0\i0\ul0\strike0 de\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain
\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones\f0\fs18\cf0\b0\i
0\ul0\strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike
0 general,\f0\fs18\cf0\b0\i0\ul0\strike0 todos\f0\fs18\cf0\b0\i0\ul0\strike0
los\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs18\cf0\b0\i0\ul0\strike0 h
abilitantes\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 le
\f0\fs18\cf0\b0\i0\ul0\strike0 hubieran\f0\fs18\cf0\b0\i0\ul0\strike0 sido\par
\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 otorgados\f0\fs18\cf0\b0
\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\str
ike0 Estado\f0\fs18\cf0\b0\i0\ul0\strike0 peruano,\f0\fs18\cf0\b0\i0\ul0\strik
e0 as\u237?\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0
los\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 estuvieran
\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 tr\u225?mite\f
0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\

ul0\strike0 otorgamiento,\f0\fs18\cf0\b0\i0\ul0\strike0 previa\f0\fs18\cf0\b0\i


0\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\
ul0\strike0 Ministerio\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\
strike0 Transportes\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Comunicaciones,\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0
conforme\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 se\u24
1?ala\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 continuaci
\u243?n.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\li2008\sl-24
5\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 efecto,\f0\fs1
8\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 amparo\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\stri
ke0 establecido\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0
117\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Reg
lamento\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\f
s18\cf0\b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\
li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Telecomunicaciones\f0\fs18\cf0\b0\i0
\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Per\u250?,\f0\fs18\cf0\b0\i0\ul
0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 solicitar\u225?\f0\fs18\c
f0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 Ministerio\f0\fs18\cf0\b
0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Transportes\f0\fs18\cf0\b0\i
0\ul0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Comu
nicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 auto
rizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 l
a\f0\fs18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 concesiones,\
f0\fs18\cf0\b0\i0\ul0\strike0 autorizaciones,\par\pard\plain\li2008\sl-345\f0\f
s18\cf0\b0\i0\ul0\strike0 licencias,\f0\fs18\cf0\b0\i0\ul0\strike0 asignaciones
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 espectro\f0\fs
18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 dem\u225?s\f0\fs18\cf
0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs18\cf0\b0\i0\ul0\strike0 habilitantes\f0
\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 le\f0\fs18\cf0\b
0\i0\ul0\strike0 han\f0\fs18\cf0\b0\i0\ul0\strike0 sido\par\pard\plain\li2008\
sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 otorgados\f0\fs18\cf0\b0\i0\ul0\strike0 po
r\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Estado\f0\fs1
8\cf0\b0\i0\ul0\strike0 peruano\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0
\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 prestaci\u243?n\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 sus\f0\fs18\cf0\b0\i0\ul0
\strike0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 p\u250?blicos\f0\fs18\cf0\b0\
i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 te
lecomunicaciones.\f0\fs18\cf0\b0\i0\ul0\strike0 Considerando\f0\fs18\cf0\b0\i0\
ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
tales\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs18\cf0\b0\i0\ul0\strike0
habilitantes\f0\fs18\cf0\b0\i0\ul0\strike0 se\par\sect\sected\sbknone\cols11\
colno1\colw3170\colsr10\colno2\colw810\colsr10\colno3\colw310\colsr10\colno4\col
w370\colsr10\colno5\colw790\colsr10\colno6\colw1390\colsr10\colno7\colw510\colsr
10\colno8\colw1130\colsr10\colno9\colw430\colsr10\colno10\colw1370\colsr10\colno
11\colw1520\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 encuentra\par
\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 sujeta\par\pard\plai
n\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li0\sl-345\co
lumn\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li0\sl-345\column\f0\fs18\c
f0\b0\i0\ul0\strike0 previa\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\u
l0\strike0 autorizaci\u243?n\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\
ul0\strike0 del\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 M
inisterio\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\
pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 Transportes\par\pard\
plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\sect\sected\sbknone\
cols1\colno1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Co
municaciones,\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 f

usi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 podr


\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 entrar\f0\fs18\cf0\b0\i0\ul0\strike0 en\f
0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 sino\f0\fs
18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\
i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 dicha\par\pard\plain\li2008\s
l-345\f0\fs18\cf0\b0\i0\ul0\strike0 autorizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\stri
ke0 haya\f0\fs18\cf0\b0\i0\ul0\strike0 sido\f0\fs18\cf0\b0\i0\ul0\strike0 con
ferida\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 t\u233?r
minos\f0\fs18\cf0\b0\i0\ul0\strike0 satisfactorios\f0\fs18\cf0\b0\i0\ul0\strike
0 para\f0\fs18\cf0\b0\i0\ul0\strike0 ambas\f0\fs18\cf0\b0\i0\ul0\strike0 empr
esas.\par\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li4499\sl-299\f
0\fs24\cf0\b0\i0\ul0\strike0 V.\f0\fs24\cf0\b0\i0\ul0\strike0 EFECTOS\f0\fs24\c
f0\b0\i0\ul0\strike0 DE\f0\fs24\cf0\b0\i0\ul0\strike0 LA\f0\fs24\cf0\b0\i0\ul0
\strike0 FUSI\u211?N\par\pard\plain\sl-200\par\pard\plain\sl-306\par\pard\plain
\li4581\sl-270\f0\fs20\cf0\b0\i0\ul0\strike0 Aum\f0\fs20\cf0\b0\i0\ul0\strike0
ento\f0\fs20\cf0\b0\i0\ul0\strike0 de\f0\fs20\cf0\b0\i0\ul0\strike0 capital\f0
\fs20\cf0\b0\i0\ul0\strike0 en\f0\fs20\cf0\b0\i0\ul0\strike0 TDP\par\pard\plai
n\li2008\sl-355\f0\fs18\cf0\b0\i0\ul0\strike0 Como\f0\fs18\cf0\b0\i0\ul0\strike0
consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 pro
puesta\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 patrimo
nios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs1
8\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\c
f0\b0\i0\ul0\strike0 se\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 reunir\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike
0 la\f0\fs18\cf0\b0\i0\ul0\strike0 primera,\f0\fs18\cf0\b0\i0\ul0\strike0 ext
ingui\u233?ndose\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
personalidad\f0\fs18\cf0\b0\i0\ul0\strike0 jur\u237?dica\f0\fs18\cf0\b0\i0\ul
0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 esta\f0\fs18\cf0\b0\i0\ul0\strike0
\u250?ltima\f0\fs18\cf0\b0\i0\ul0\strike0 sin\par\pard\plain\li2008\sl-345\f0\
fs18\cf0\b0\i0\ul0\strike0 necesidad\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 adoptar\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i
0\ul0\strike0 acuerdo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 disoluci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 ni\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 someterse\f0\fs18\cf0\b0\i0\ul0\stri
ke0 a\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 procedim
iento\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0
\b0\i0\ul0\strike0 liquidaci\u243?n.\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\
cf0\b0\i0\ul0\strike0 aumentar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\
cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0
\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\
strike0 siguientes\f0\fs18\cf0\b0\i0\ul0\strike0 t\u233?rminos:\par\pard\plain
\sl-200\par\pard\plain\sl-250\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0
\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 ti
tular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 17\f0\fs1
8\cf0\b0\i0\ul0\strike0 286\f0\fs18\cf0\b0\i0\ul0\strike0 018\f0\fs18\cf0\b0\i
0\ul0\strike0 798\f0\fs18\cf0\b0\i0\ul0\strike0 (Diecisiete\f0\fs18\cf0\b0\i0\
ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 doscientos\f0\fs18\cf0\b0\i0\ul0
\strike0 ochenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0
seis\f0\fs18\cf0\b0\i0\ul0\strike0 millones\par\pard\plain\li2008\sl-345\f0\f
s18\cf0\b0\i0\ul0\strike0 dieciocho\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\c
f0\b0\i0\ul0\strike0 setecientas\f0\fs18\cf0\b0\i0\ul0\strike0 noventa\f0\fs18
\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho)\f0\fs18\cf0\b0\i0
\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 comunes\f0\fs18\cf0\b0\i0\
ul0\strike0 representativas\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i
0\ul0\strike0 capital\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike
0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243
?viles\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 represe
ntan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 99.99%\f0\
fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\c

f0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0


\ul0\strike0 \u233?sta.\f0\fs18\cf0\b0\i0\ul0\strike0 Siendo\f0\fs18\cf0\b0\i0
\ul0\strike0 ello\f0\fs18\cf0\b0\i0\ul0\strike0 as\u237?,\par\pard\plain\li200
8\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 aumento
\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs
18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b
0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\s
trike0 efecto\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 absorci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 no
\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 considerar\u225?\f0\
fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 participaci\u243?n
\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\c
f0\b0\i0\ul0\strike0 mantiene\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\
i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\
strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
M\u243?viles.\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols1\colno1\co
lw11900\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\p
lain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\pa
r\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\l
i2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 cap
ital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0
\i0\ul0\strike0 incrementar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0
\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 importe\f0\fs18\cf0\b0\i0\
ul0\strike0 necesario\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0
\strike0 emitir\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
n\u250?mero\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf
0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\u
l0\strike0 \u8220?B\u8221?\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0
\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 requiere\f0\fs18\cf0\b0\i0\ul0\s
trike0 entregar\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0
los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\par\pard\plain\li2008\sl-350\f0\f
s18\cf0\b0\i0\ul0\strike0 distintos\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0
\b0\i0\ul0\strike0 TDP,\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\u
l0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 \u233?stos\f0\fs18\cf0\b0\i0\ul0\
strike0 alcancen\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike
0 participaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\s
trike0 les\f0\fs18\cf0\b0\i0\ul0\strike0 corresponde\f0\fs18\cf0\b0\i0\ul0\str
ike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li2008\sl-345\f0\fs18\
cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\
b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\st
rike0 primera\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0
funci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\
f0\fs18\cf0\b0\i0\ul0\strike0 valorizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 sociedades\
f0\fs18\cf0\b0\i0\ul0\strike0 participantes\par\pard\plain\li2008\sl-345\f0\fs1
8\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u
l0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 establecida\f0\fs18\cf0\b
0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\str
ike0 Proyecto.\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-20
0\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pla
in\sl-358\par\pard\plain\li4604\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Transmisi\u
243?n\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tul
o\f0\fs18\cf0\b0\i0\ul0\strike0 universal\par\pard\plain\sl-200\par\pard\plain\
sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf
0\b0\i0\ul0\strike0 asumir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b
0\i0\ul0\strike0 t\u237?tulo\f0\fs18\cf0\b0\i0\ul0\strike0 universal,\f0\fs18\

cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0


\strike0 bloque,\f0\fs18\cf0\b0\i0\ul0\strike0 todos\f0\fs18\cf0\b0\i0\ul0\str
ike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 derechos,\f0\fs18\cf0\b0\i0\ul0\strike0
obligaciones\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 d
em\u225?s\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 relaciones\
f0\fs18\cf0\b0\i0\ul0\strike0 jur\u237?dicas\f0\fs18\cf0\b0\i0\ul0\strike0 que
\f0\fs18\cf0\b0\i0\ul0\strike0 le\f0\fs18\cf0\b0\i0\ul0\strike0 correspondan\f
0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\f
s18\cf0\b0\i0\ul0\strike0 sin\f0\fs18\cf0\b0\i0\ul0\strike0 reserva\f0\fs18\cf
0\b0\i0\ul0\strike0 ni\f0\fs18\cf0\b0\i0\ul0\strike0 limitaci\u243?n\f0\fs18\c
f0\b0\i0\ul0\strike0 alguna.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pa
rd\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Como\f0\fs18\cf0\b0\i0\ul0\
strike0 parte\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 a
\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tulo\f0\fs18\cf0\b0\i0\ul0\strike0 unive
rsal,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs
18\cf0\b0\i0\ul0\strike0 convertir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\f
s18\cf0\b0\i0\ul0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 los\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strik
e0 derechos,\f0\fs18\cf0\b0\i0\ul0\strike0 obligaciones\f0\fs18\cf0\b0\i0\ul0\s
trike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f
0\fs18\cf0\b0\i0\ul0\strike0 relaciones\f0\fs18\cf0\b0\i0\ul0\strike0 jur\u237
?dicas\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 corresp
ondan\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?vil
es,\f0\fs18\cf0\b0\i0\ul0\strike0 tales\par\sect\sected\sbknone\cols7\colno1\co
lw2850\colsr10\colno2\colw1290\colsr10\colno3\colw1190\colsr10\colno4\colw1230\c
olsr10\colno5\colw1190\colsr10\colno6\colw1850\colsr10\colno7\colw2240\pard\plai
n\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 como\par\pard\plain\li0\sl-345\col
umn\f0\fs18\cf0\b0\i0\ul0\strike0 contratos,\par\pard\plain\li0\sl-345\column\f0
\fs18\cf0\b0\i0\ul0\strike0 procesos\par\pard\plain\li0\sl-345\column\f0\fs18\cf
0\b0\i0\ul0\strike0 judiciales,\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\
i0\ul0\strike0 procesos\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\s
trike0 administrativos,\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\s
trike0 registros\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li200
8\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 administrativos,\f0\fs18\cf0\b0\i0\ul0\st
rike0 entre\f0\fs18\cf0\b0\i0\ul0\strike0 otras.\f0\fs18\cf0\b0\i0\ul0\strike0
Lo\f0\fs18\cf0\b0\i0\ul0\strike0 anterior\f0\fs18\cf0\b0\i0\ul0\strike0 apli
car\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 lo\
f0\fs18\cf0\b0\i0\ul0\strike0 se\u241?alado\f0\fs18\cf0\b0\i0\ul0\strike0 resp
ecto\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\par
d\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\str
ike0 concesiones,\f0\fs18\cf0\b0\i0\ul0\strike0 autorizaciones\f0\fs18\cf0\b0\
i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\str
ike0 utilizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\
strike0 espectro\f0\fs18\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\
f0\fs18\cf0\b0\i0\ul0\strike0 dem\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?t
ulos\f0\fs18\cf0\b0\i0\ul0\strike0 habilitantes\f0\fs18\cf0\b0\i0\ul0\strike0
conferidos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 el\
f0\fs18\cf0\b0\i0\ul0\strike0 Estado\f0\fs18\cf0\b0\i0\ul0\strike0 peruano\f0\
fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b
0\i0\ul0\strike0 prestaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 los\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike
0 servicios\f0\fs18\cf0\b0\i0\ul0\strike0 p\u250?blicos\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 telecomunicaciones\f0\fs18\cf0\b0\i0\u
l0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 parte\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles.\par\pard\plain\sl-200\par\pa
rd\plain\sl-254\par\pard\plain\li4321\sl-270\f0\fs20\cf0\b0\i0\ul0\strike0 Parti
cipaci\u243?n\f0\fs20\cf0\b0\i0\ul0\strike0 de\f0\fs20\cf0\b0\i0\ul0\strike0 l
os\f0\fs20\cf0\b0\i0\ul0\strike0 accionistas\par\pard\plain\sl-200\par\pard\pla

in\sl-322\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Como\f0\fs1
8\cf0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\
cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf
0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 emitir\u225?\f0\fs18\cf0
\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\stri
ke0 \u8220?B\u8221?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\stri
ke0 fin\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\
cf0\b0\i0\ul0\strike0 entregarlas\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b
0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\
i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i
0\ul0\strike0 distintos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 TDP,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs18\cf0\b0\i0\ul0\strike0 nec
esario\f0\fs18\cf0\b0\i0\ul0\strike0 para\par\pard\plain\li2008\sl-345\f0\fs18\
cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 dichos\f0\fs18\cf0\b0\i
0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 alcancen\f0\fs18\cf0\b
0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 participaci\u243?n\f0\fs18\c
f0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 les\f0\fs18\cf0\b0\i0\u
l0\strike0 corresponde\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\
strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0
de\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\
b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 funci\u243?n\f0\fs18\cf0\b0
\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strik
e0 valorizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 respetando\f0\fs18\cf0\b0\i0
\ul0\strike0 estrictamente\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\
ul0\strike0 participaci\u243?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\u
l0\strike0 accionaria\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\s
trike0 poseen\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 \u233?sta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf
0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 funci\u243?n\f0\fs18\cf0\
b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\str
ike0 relaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 canje\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\
par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 establece\f0\fs18\cf0
\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 este\f0\fs18\cf0\b0\i0\ul0
\strike0 Proyecto.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\l
i4342\sl-270\f0\fs20\cf0\b0\i0\ul0\strike0 Listado\f0\fs20\cf0\b0\i0\ul0\strike0
de\f0\fs20\cf0\b0\i0\ul0\strike0 las\f0\fs20\cf0\b0\i0\ul0\strike0 acciones\
f0\fs20\cf0\b0\i0\ul0\strike0 de\f0\fs20\cf0\b0\i0\ul0\strike0 TDP\par\pard\pl
ain\sl-200\par\pard\plain\sl-254\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\
ul0\strike0 Despu\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u24
3?n,\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\
b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0 B\f0\fs18\cf0\b0\i0\ul0\
strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f
0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0 C\par\pard\pl
ain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 representativas\f0\fs18\cf0\b0\i
0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 co
ntinuar\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 inscritas\f0\fs18\cf0\b0\i0\ul0\st
rike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Regis
tro\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\
li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 Bolsa\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\

fs18\cf0\b0\i0\ul0\strike0 Lima,\f0\fs18\cf0\b0\i0\ul0\strike0 as\u237?\f0\fs1


8\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i
0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\
strike0 P\u250?blico\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\s
trike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\par
\sect\sected\sbknone\cols2\colno1\colw5550\colsr10\colno2\colw6340\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Superintendencia\f0\fs18\cf0\b0\i0\ul0
\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\par\pard\plain\li0\sl-345\column\f0\fs18\cf0\b0\i0\ul0\strike0 Valores.\f
0\fs18\cf0\b0\i0\ul0\strike0 Asimismo,\f0\fs18\cf0\b0\i0\ul0\strike0 toda\f0\f
s18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0
\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 personalidad\sect\sectd\sbkpa
ge\pgwsxn11905\pghsxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-200\par\p
ard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-2
00\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-208\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\
ul0\strike0 jur\u237?dica\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\
strike0 extinguir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\u
l0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\s
trike0 oportunamente\f0\fs18\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li2008\sl
-345\f0\fs18\cf0\b0\i0\ul0\strike0 solicitar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 deslistado\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\f
s18\cf0\b0\i0\ul0\strike0 representativas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf
0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0
\ul0\strike0 Registro\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike
0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0
\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Bolsa\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\
ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Lima,\f0\fs18\cf0\b0\i0\ul0\strik
e0 as\u237?\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0
su\f0\fs18\cf0\b0\i0\ul0\strike0 exclusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0
del\f0\fs18\cf0\b0\i0\ul0\strike0 Registro\f0\fs18\cf0\b0\i0\ul0\strike0 P\u25
0?blico\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\c
f0\b0\i0\ul0\strike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i
0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Superintendencia\f0\fs18\cf0\b0\i0\ul0
\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores.\par\pard\plain\sl-200\par\pard\pl
ain\sl-245\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 VI.\f0\fs1
8\cf0\b0\i0\ul0\strike0 ASPECTOS\f0\fs18\cf0\b0\i0\ul0\strike0 SOCIETARIOS,\f0
\fs18\cf0\b0\i0\ul0\strike0 LABORALES\f0\fs18\cf0\b0\i0\ul0\strike0 Y\f0\fs18\
cf0\b0\i0\ul0\strike0 TRIBUTARIOS\f0\fs18\cf0\b0\i0\ul0\strike0 A\f0\fs18\cf0\
b0\i0\ul0\strike0 CONSIDERAR\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pa
rd\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 VI.1\f0\fs18\cf0\b0\i0\ul0\
strike0 ASPECTOS\f0\fs18\cf0\b0\i0\ul0\strike0 SOCIETARIOS\par\sect\sected\sbk
none\cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-200\par\pard\pl
ain\sl-266\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard
\column\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li0\sl-245\f0\fs18\cf0
\b0\i0\ul0\strike0 Aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf
0\b0\i0\ul0\strike0 acuerdo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 fusi\u243?n:\f0\fs18\cf0\b0\i0\ul0\strike0 Las\f0\fs18\cf0\b0\i0\
ul0\strike0 juntas\f0\fs18\cf0\b0\i0\ul0\strike0 generales\f0\fs18\cf0\b0\i0\u
l0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\
strike0 de\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl345\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 sociedades\

f0\fs18\cf0\b0\i0\ul0\strike0 involucradas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0


\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 operaci\u243?n\f0
\fs18\cf0\b0\i0\ul0\strike0 adoptar\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 los\f
0\fs18\cf0\b0\i0\ul0\strike0 acuerdos\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs1
8\cf0\b0\i0\ul0\strike0 correspondan\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b
0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\st
rike0 aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\
strike0 Proyecto,\f0\fs18\cf0\b0\i0\ul0\strike0 cumpliendo\f0\fs18\cf0\b0\i0\u
l0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
qu\u243?rum\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 las
\f0\fs18\cf0\b0\i0\ul0\strike0 mayor\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 cal
ificadas\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 detalladas\f
0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b
0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\u
l0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades.\par\sect\sected\sbknon
e\cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-200\par\pard\plain
\sl-266\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\co
lumn\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0
\i0\ul0\strike0 Prohibici\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b
0\i0\ul0\strike0 realizar\f0\fs18\cf0\b0\i0\ul0\strike0 actos\f0\fs18\cf0\b0\i
0\ul0\strike0 significativos:\f0\fs18\cf0\b0\i0\ul0\strike0 De\f0\fs18\cf0\b0\
i0\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0
\ul0\strike0 el\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li200
8\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strik
e0 348\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 l
a\f0\fs18\cf0\b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades,\f0\fs18
\cf0\b0\i0\ul0\strike0 luego\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i
0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs18\cf0\b0\
i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Proyecto\par\pard\plain\li200
8\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0
\fs18\cf0\b0\i0\ul0\strike0 directorios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs
18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 sociedades\f0\fs18\
cf0\b0\i0\ul0\strike0 involucradas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf
0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 operaci\u243?n,\f0\fs18\c
f0\b0\i0\ul0\strike0 \u233?stas\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b
0\i0\ul0\strike0 podr\u225?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0
\strike0 realizar\f0\fs18\cf0\b0\i0\ul0\strike0 ning\u250?n\f0\fs18\cf0\b0\i0\u
l0\strike0 tipo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
acto\f0\fs18\cf0\b0\i0\ul0\strike0 o\f0\fs18\cf0\b0\i0\ul0\strike0 celebrar\
f0\fs18\cf0\b0\i0\ul0\strike0 ning\u250?n\f0\fs18\cf0\b0\i0\ul0\strike0 tipo\f
0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 contrato\f0\fs18
\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 pueda\f0\fs18\cf0\b0\
i0\ul0\strike0 comprometer\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\s
trike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\s
trike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 ju
ntas\f0\fs18\cf0\b0\i0\ul0\strike0 generales\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 o\f0\f
s18\cf0\b0\i0\ul0\strike0 alterar\f0\fs18\cf0\b0\i0\ul0\strike0 significativam
ente\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2008\sl-350\f0\fs18\cf0\
b0\i0\ul0\strike0 relaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0
\i0\ul0\strike0 canje\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 acciones.\par\sect\sected\sbknone\col
s2\colno1\colw2730\colsr10\colno2\colw9160\pard\plain\sl-200\par\pard\plain\sl-2
66\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\
plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\u
l0\strike0 Formulaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\
ul0\strike0 balances\f0\fs18\cf0\b0\i0\ul0\strike0 generales:\f0\fs18\cf0\b0\i
0\ul0\strike0 De\f0\fs18\cf0\b0\i0\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\u
l0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0

establecido\f0\fs18\cf0\b0\i0\ul0\strike0 en\par\sect\sected\sbknone\cols1\col
no1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\
cf0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 354\u176?\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0
\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul
0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades,\f0\fs18\cf0\b0\i0\ul0\s
trike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 formular\u225?\f0\fs18\cf0\b
0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 balance\f0\fs18\cf0\b0\i0\ul
0\strike0 general\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 al
\f0\fs18\cf0\b0\i0\ul0\strike0 d\u237?a\f0\fs18\cf0\b0\i0\ul0\strike0 anterior
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0
\b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strik
e0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la
\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n.\f0\fs18\cf0\b0\i0\ul0\strike0 Por\
f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 parte,\f0\fs18\
cf0\b0\i0\ul0\strike0 TDP\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\st
rike0 formular\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\str
ike0 balance\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 a
pertura\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 d\u237?
a\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 entrada\f0\fs
18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\s
trike0 fusi\u243?n.\par\sect\sected\sbknone\cols2\colno1\colw2730\colsr10\colno
2\colw9160\pard\plain\sl-200\par\pard\plain\sl-266\par\pard\plain\li2008\sl-217\
f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\plain\sl-200\par\pard\plain\sl-2
45\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Publicaciones:\f0\fs1
8\cf0\b0\i0\ul0\strike0 Todos\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0
\i0\ul0\strike0 acuerdos\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\u
l0\strike0 forman\f0\fs18\cf0\b0\i0\ul0\strike0 parte\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\
u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 que\par\sect\sected\sbknone\cols1\colno1\c
olw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 requieren\f0\fs1
8\cf0\b0\i0\ul0\strike0 difusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18
\cf0\b0\i0\ul0\strike0 publicar\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 conjuntam
ente\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 tres\f0\f
s18\cf0\b0\i0\ul0\strike0 veces,\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0
\b0\i0\ul0\strike0 intervalos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 cinco\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0
d\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 entre\f0\fs18\cf0\b0\i0\ul0\strike0 c
ada\f0\fs18\cf0\b0\i0\ul0\strike0 aviso,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs1
8\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 establecido\f0\fs18\c
f0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0
\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades.\f0
\fs18\cf0\b0\i0\ul0\strike0 Las\f0\fs18\cf0\b0\i0\ul0\strike0 publicaciones\f0
\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 realizar\u225?n\f
0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b
0\i0\ul0\strike0 diario\f0\fs18\cf0\b0\i0\ul0\strike0 oficial\f0\fs18\cf0\b0\i
0\ul0\strike0 \u8220?El\f0\fs18\cf0\b0\i0\ul0\strike0 Peruano\u8221?\f0\fs18\c
f0\b0\i0\ul0\strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 cuando\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 menos,\f0\fs18\cf0\b0\i0\ul0\strike0
en\f0\fs18\cf0\b0\i0\ul0\strike0 otro\f0\fs18\cf0\b0\i0\ul0\strike0 diario\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 amplia\f0\fs18\cf0
\b0\i0\ul0\strike0 circulaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 nacional.\f0
\fs18\cf0\b0\i0\ul0\strike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 aviso\f0\fs18\cf0
\b0\i0\ul0\strike0 podr\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 incluir\f0\fs18\cf
0\b0\i0\ul0\strike0 informaci\u243?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b
0\i0\ul0\strike0 sobre\f0\fs18\cf0\b0\i0\ul0\strike0 otras\f0\fs18\cf0\b0\i0\ul

0\strike0 fusiones\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\str


ike0 lleve\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 cabo
\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Grupo\f0\fs18\
cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18
\cf0\b0\i0\ul0\strike0 forma\f0\fs18\cf0\b0\i0\ul0\strike0 paralela.\par\sect\
sected\sbknone\cols2\colno1\colw2730\colsr10\colno2\colw9160\pard\plain\sl-200\p
ar\pard\plain\sl-271\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0
-\par\pard\column\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\li0\sl-245\f
0\fs18\cf0\b0\i0\ul0\strike0 Derecho\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 separaci\u243?n:\f0\fs18\cf0\b0\i0\ul0\strike0 Realizada\
f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 \u250?ltima\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0
\i0\ul0\strike0 publicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 indicadas\f0\fs18\
cf0\b0\i0\ul0\strike0 en\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\pl
ain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
p\u225?rrafo\f0\fs18\cf0\b0\i0\ul0\strike0 anterior,\f0\fs18\cf0\b0\i0\ul0\st
rike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\stri
ke0 que\f0\fs18\cf0\b0\i0\ul0\strike0 cumplan\f0\fs18\cf0\b0\i0\ul0\strike0 c
on\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 requisitos\
f0\fs18\cf0\b0\i0\ul0\strike0 establecidos\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0
\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Ley\par\pard\plai
n\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades,\f0\fs18\cf0\b0\i0\ul0\strike0
previo\f0\fs18\cf0\b0\i0\ul0\strike0 cumplimiento\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 formali
dades\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 ley,\f0\f
s18\cf0\b0\i0\ul0\strike0 podr\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 ejercer\pa
r\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul
0\strike0 derecho\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike
0 separarse\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 su
s\f0\fs18\cf0\b0\i0\ul0\strike0 respectivas\f0\fs18\cf0\b0\i0\ul0\strike0 soci
edades.\f0\fs18\cf0\b0\i0\ul0\strike0 Para\f0\fs18\cf0\b0\i0\ul0\strike0 tal\f
0\fs18\cf0\b0\i0\ul0\strike0 efecto,\f0\fs18\cf0\b0\i0\ul0\strike0 deber\u225?
n\f0\fs18\cf0\b0\i0\ul0\strike0 remitir\par\pard\plain\li2008\sl-350\f0\fs18\cf
0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 sus\f0\fs18\cf0\b0\i0\ul0\s
trike0 sociedades\f0\fs18\cf0\b0\i0\ul0\strike0 dentro\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 die
z\f0\fs18\cf0\b0\i0\ul0\strike0 d\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 calend
ario\f0\fs18\cf0\b0\i0\ul0\strike0 siguientes\f0\fs18\cf0\b0\i0\ul0\strike0 a\
f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 \u250?ltima\f0\
fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\sect\sectd\sbk
page\pgwsxn11905\pghsxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i
0\ul0\strike0 publicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 se\u241?aladas,\f0\fs
18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 carta\f0\fs18\cf0\b
0\i0\ul0\strike0 notarial\f0\fs18\cf0\b0\i0\ul0\strike0 informando\f0\fs18\cf0
\b0\i0\ul0\strike0 sobre\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul
0\strike0 ejercicio\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\st
rike0 referido\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 derec
ho.\f0\fs18\cf0\b0\i0\ul0\strike0 Se\f0\fs18\cf0\b0\i0\ul0\strike0 proceder\u2
25?\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 reembolso\f
0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\c
f0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul
0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 quienes\f0\fs18\cf0\b0\i0\ul0\strike0 hayan\f0\fs18\cf0\b0\i0\ul0\strike0
ejercido\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\
cf0\b0\i0\ul0\strike0 derecho\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 separaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0

\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 forma\f0\fs18\cf0\b0\i0\ul0\s


trike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 plazo\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 ley,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 conformidad\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0
\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 establecido\par\pard\plain
\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 e
l\f0\fs18\cf0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 20
0\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\f
s18\cf0\b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades.\par\sect\sect
ed\sbknone\cols2\colno1\colw2730\colsr10\colno2\colw9160\pard\plain\sl-200\par\p
ard\plain\sl-266\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\pa
r\pard\column\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li0\sl-246\f0\fs
18\cf0\b0\i0\ul0\strike0 Derecho\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b
0\i0\ul0\strike0 oposici\u243?n:\f0\fs18\cf0\b0\i0\ul0\strike0 Realizada\f0\fs
18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 \u250?ltima\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\u
l0\strike0 publicaciones\f0\fs18\cf0\b0\i0\ul0\strike0 indicadas\par\sect\sect
ed\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0
\strike0 anteriormente,\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0
\strike0 acreedores\f0\fs18\cf0\b0\i0\ul0\strike0 cuentan\f0\fs18\cf0\b0\i0\ul
0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0
plazo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 treinta\f
0\fs18\cf0\b0\i0\ul0\strike0 d\u237?as\f0\fs18\cf0\b0\i0\ul0\strike0 calendari
o\f0\fs18\cf0\b0\i0\ul0\strike0 para\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b
0\i0\ul0\strike0 oponerse\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 realizaci\u243?n\f0\fs18\cf0\b0\i0\u
l0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 si\f0\fs18\cf0\b0\i0\ul0\strike0 con
sideran\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 \u233?
sta\f0\fs18\cf0\b0\i0\ul0\strike0 perjudicar\u225?\f0\fs18\cf0\b0\i0\ul0\strike
0 el\f0\fs18\cf0\b0\i0\ul0\strike0 pago\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 sus\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul
0\strike0 cr\u233?ditos\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\s
trike0 siempre\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
los\f0\fs18\cf0\b0\i0\ul0\strike0 mismos\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0
\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 encuentren\f0\fs1
8\cf0\b0\i0\ul0\strike0 debidamente\f0\fs18\cf0\b0\i0\ul0\strike0 garantizados
.\par\sect\sected\sbknone\cols2\colno1\colw2730\colsr10\colno2\colw9160\pard\pla
in\sl-200\par\pard\plain\sl-266\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\u
l0\strike0 -\par\pard\column\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\l
i0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18
\cf0\b0\i0\ul0\strike0 vigencia:\f0\fs18\cf0\b0\i0\ul0\strike0 Se\f0\fs18\cf0\
b0\i0\ul0\strike0 delega\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul
0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 directorios\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 ambas\par\sect\sected\sbknone\cols1\c
olno1\colw11900\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 empresas\
f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 determinaci\u24
3?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\
cf0\b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\st
rike0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 l
a\f0\fs18\cf0\b0\i0\ul0\strike0 misma\f0\fs18\cf0\b0\i0\ul0\strike0 que\par\pa
rd\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\st
rike0 encuentra\f0\fs18\cf0\b0\i0\ul0\strike0 condicionada\f0\fs18\cf0\b0\i0\u
l0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 Ministerio\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 Transportes\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs

18\cf0\b0\i0\ul0\strike0 Comunicaciones\par\pard\plain\li2008\sl-345\f0\fs18\cf
0\b0\i0\ul0\strike0 autorice\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0
\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\
ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 concesiones,\f0\fs18\cf0\b0\i0\u
l0\strike0 asignaciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 espectro\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike
0 dem\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tulos\par\pard\plain\li2008\
sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 habilitantes\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs1
8\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 titular\f0\fs18\cf0\b
0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i
0\ul0\strike0 favor\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\str
ike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 t\u23
3?rminos\f0\fs18\cf0\b0\i0\ul0\strike0 satisfactorios\par\pard\plain\li2008\sl350\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 ambas\f0\f
s18\cf0\b0\i0\ul0\strike0 empresas.\f0\fs18\cf0\b0\i0\ul0\strike0 A\f0\fs18\cf
0\b0\i0\ul0\strike0 tal\f0\fs18\cf0\b0\i0\ul0\strike0 efecto,\f0\fs18\cf0\b0\i
0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 juntas\f0\fs18\cf0\b0\i0\ul0\s
trike0 delegan\f0\fs18\cf0\b0\i0\ul0\strike0 facultades\f0\fs18\cf0\b0\i0\ul0\
strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 di
rectorios\f0\fs18\cf0\b0\i0\ul0\strike0 para\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 evaluaci\u243?n\f0\fs
18\cf0\b0\i0\ul0\strike0 correspondiente\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs
18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 determinaci\u243?n\f
0\fs18\cf0\b0\i0\ul0\strike0 final\f0\fs18\cf0\b0\i0\ul0\strike0 respecto\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i
0\ul0\strike0 viabilidad\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 la\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 operaci
\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 o,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\f
s18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 caso,\f0\fs18\cf0\b
0\i0\ul0\strike0 determinen\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0
\ul0\strike0 ejecutar\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\s
trike0 operaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 sin\f0\fs18\cf0\b0\i0\ul0\
strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 ef
ecto\f0\fs18\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li2008\sl-345\f0\fs18\cf0\
b0\i0\ul0\strike0 requiera\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u
l0\strike0 aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\
ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 junta\f0\fs18\cf0\b0\i0\ul0\strik
e0 general\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 acc
ionistas.\par\sect\sected\sbknone\cols2\colno1\colw2710\colsr10\colno2\colw9180\
pard\plain\sl-389\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\p
ar\pard\column\plain\sl-368\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Otorgamiento\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 escritura\f0\fs18\cf0\b0\i0\ul0\strike0 p\u
250?blica:\f0\fs18\cf0\b0\i0\ul0\strike0 La\f0\fs18\cf0\b0\i0\ul0\strike0 escr
itura\f0\fs18\cf0\b0\i0\ul0\strike0 p\u250?blica\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 se
\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-345\f0\fs18
\cf0\b0\i0\ul0\strike0 inscribir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18
\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 correspondientes\f0\f
s18\cf0\b0\i0\ul0\strike0 partidas\f0\fs18\cf0\b0\i0\ul0\strike0 registrales\f
0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\
b0\i0\ul0\strike0 sociedades\f0\fs18\cf0\b0\i0\ul0\strike0 participantes.\par\
pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl257\par\pard\plain\li2008\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 VI.2\f0\fs24\cf0\
b0\i0\ul0\strike0 ASPECTOS\f0\fs24\cf0\b0\i0\ul0\strike0 LABORALES\par\sect\se
cted\sbknone\cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-200\par
\pard\plain\sl-361\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\
par\pard\column\plain\sl-200\par\pard\plain\sl-340\par\pard\plain\li0\sl-245\f0\
fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i

0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\str


ike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 v
igencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\f
s18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs
18\cf0\b0\i0\ul0\strike0 asumir\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs1
8\cf0\b0\i0\ul0\strike0 activos\f0\fs18\cf0\b0\i0\ul0\strike0 y/o\par\sect\sec
ted\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul
0\strike0 pasivos\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strik
e0 le\f0\fs18\cf0\b0\i0\ul0\strike0 sean\f0\fs18\cf0\b0\i0\ul0\strike0 transf
eridos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?
viles\f0\fs18\cf0\b0\i0\ul0\strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\f
s18\cf0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs1
8\cf0\b0\i0\ul0\strike0 ello,\f0\fs18\cf0\b0\i0\ul0\strike0 se\par\pard\plain\
li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 convertir\u225?\f0\fs18\cf0\b0\i0\ul
0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 derecho
s,\f0\fs18\cf0\b0\i0\ul0\strike0 bienes,\f0\fs18\cf0\b0\i0\ul0\strike0 obligac
iones\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 relaciones
\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 manten\u237?a
\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles.\f0\fs1
8\cf0\b0\i0\ul0\strike0 Lo\f0\fs18\cf0\b0\i0\ul0\strike0 anterior\f0\fs18\cf0\
b0\i0\ul0\strike0 implica\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\
ul0\strike0 transmisi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i
0\ul0\strike0 empresa,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\
strike0 forma\f0\fs18\cf0\b0\i0\ul0\strike0 tal\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 se\par\par
d\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 requiere\f0\fs18\cf0\b0\i0\u
l0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 consentimiento\f0\fs18\cf0\b0\i0\
ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0
personas\f0\fs18\cf0\b0\i0\ul0\strike0 ni\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 terceros\f0\fs1
8\cf0\b0\i0\ul0\strike0 involucrados\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\
cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\str
ike0 medida\f0\fs18\cf0\b0\i0\ul0\strike0 debido\f0\fs18\cf0\b0\i0\ul0\strike0
a\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\
cf0\b0\i0\ul0\strike0 mantendr\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs1
8\cf0\b0\i0\ul0\strike0 contratos,\f0\fs18\cf0\b0\i0\ul0\strike0 beneficios,\f
0\fs18\cf0\b0\i0\ul0\strike0 obligaciones\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\f
s18\cf0\b0\i0\ul0\strike0 relaciones\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b
0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\str
ike0 trasladen\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike
0 parte\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 mismo
.\par\sect\sected\sbknone\cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\pla
in\sl-200\par\pard\plain\sl-271\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\u
l0\strike0 -\par\pard\column\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\l
i0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 A\f0\fs18\cf0\b0\i0\ul0\strike0 partir\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\
b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike
0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\
f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0
\fs18\cf0\b0\i0\ul0\strike0 pasivos\f0\fs18\cf0\b0\i0\ul0\strike0 laborales\f0
\fs18\cf0\b0\i0\ul0\strike0 y\par\sect\sected\sbknone\cols1\colno1\colw11900\pa
rd\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 cualquier\f0\fs18\cf0\b0\i0
\ul0\strike0 otra\f0\fs18\cf0\b0\i0\ul0\strike0 contingencia\f0\fs18\cf0\b0\i0
\ul0\strike0 vinculada\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\s
trike0 \u233?stos,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\str
ike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 fueran\f0\fs18\cf0\b0\i0\ul0\strike0 ca
nceladas\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 M\u24
3?viles\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 antes\f0\fs18

\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u


l0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vige
ncia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18
\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u225?n\f
0\fs18\cf0\b0\i0\ul0\strike0 asumidos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs1
8\cf0\b0\i0\ul0\strike0 TDP.\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\
cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-200\par\pard\plain\s
l-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard
\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-200\par\pard\plain\sl-375\par\pard\plain\li2008\sl-217\f2\fs18
\cf0\b0\i0\ul0\strike0 -\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\
pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\p
lain\sl-200\par\pard\plain\sl-354\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul
0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 declara\f0\fs18\cf0\b0\i0\ul0\strik
e0 que\f0\fs18\cf0\b0\i0\ul0\strike0 presenta\f0\fs18\cf0\b0\i0\ul0\strike0 s
olvencia\f0\fs18\cf0\b0\i0\ul0\strike0 suficiente\f0\fs18\cf0\b0\i0\ul0\strike0
para\f0\fs18\cf0\b0\i0\ul0\strike0 asumir\f0\fs18\cf0\b0\i0\ul0\strike0 los\
f0\fs18\cf0\b0\i0\ul0\strike0 compromisos\par\sect\sected\sbknone\cols1\colno1\
colw11900\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 laborales\f0\fs
18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i
0\ul0\strike0 originen\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul
0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\
strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n.\par\sect\sected\sbknone\
cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-385\par\pard\plain\l
i2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\plain\sl-363\par\pa
rd\plain\li0\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\stri
ke0 se\f0\fs18\cf0\b0\i0\ul0\strike0 compromete\f0\fs18\cf0\b0\i0\ul0\strike0
a\f0\fs18\cf0\b0\i0\ul0\strike0 respetar\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\
fs18\cf0\b0\i0\ul0\strike0 continuidad\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs
18\cf0\b0\i0\ul0\strike0 v\u237?nculo\f0\fs18\cf0\b0\i0\ul0\strike0 laboral\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\par\sect\sect
ed\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0
\strike0 trabajadores\f0\fs18\cf0\b0\i0\ul0\strike0 involucrados\f0\fs18\cf0\b0
\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\stri
ke0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 salvo\f0\fs18\cf0\b0\i0\ul0\str
ike0 casos\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 los
\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf
0\b0\i0\ul0\strike0 presente\f0\fs18\cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\
i0\ul0\strike0 causa\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0
legal\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 justifi
que\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 conclusi\u2
43?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 tales\f0\f
s18\cf0\b0\i0\ul0\strike0 v\u237?nculos.\par\sect\sected\sbknone\cols2\colno1\c
olw2690\colsr10\colno2\colw9200\pard\plain\sl-389\par\pard\plain\li2008\sl-217\f
2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\plain\sl-368\par\pard\plain\li0\s
l-246\f0\fs18\cf0\b0\i0\ul0\strike0 Conforme\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0
\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 previsto\f0\fs18\
cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u
l0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 sobre\f0\fs18\cf0\b0\i0\ul0\strik
e0 Participaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 Trabajadores\f0\fs18\cf0\b0\i0\ul0\st
rike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 las\par\sect\sected\sbknone\cols1\colno
1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Utilidades\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b
0\i0\ul0\strike0 Empresas,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0
\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul
0\strike0 deber\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 efectuar\f0\fs18\cf0\b0\i
0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 corte\f0\fs18\cf0\b0\i0\ul0\str

ike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 d\u237?a\f0\fs18\cf0\b0\i0\ul0\strike0


anterior\f0\fs18\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li2008\sl-345\f0\fs18\c
f0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 entrada\f0\fs18\cf0\b0\i0
\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi
\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 deter
minar\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 montos\f
0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0
\b0\i0\ul0\strike0 dicho\f0\fs18\cf0\b0\i0\ul0\strike0 concepto\par\pard\plain
\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 corresponder\u237?a\f0\fs18\cf0\b0\
i0\ul0\strike0 pagar\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\str
ike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 trabajadores\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 una\f
0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\
b0\i0\ul0\strike0 citadas\f0\fs18\cf0\b0\i0\ul0\strike0 empresas.\f0\fs18\cf0\
b0\i0\ul0\strike0 A\f0\fs18\cf0\b0\i0\ul0\strike0 partir\par\pard\plain\li2008
\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs
18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b
0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 participaci\u243?n\f0\fs18\c
f0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul
0\strike0 trabajadores\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\
strike0 calcular\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 sobre\f0\fs18\cf0\b0\i0\u
l0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 base\par\pard\plain\li2008\sl-345\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\
b0\i0\ul0\strike0 estados\f0\fs18\cf0\b0\i0\ul0\strike0 financieros\f0\fs18\cf
0\b0\i0\ul0\strike0 consolidados\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\
b0\i0\ul0\strike0 TDP.\par\sect\sected\sbknone\cols2\colno1\colw2710\colsr10\co
lno2\colw9180\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-2
46\f0\fs18\cf0\b0\i0\ul0\strike0 VI.3\par\pard\plain\sl-200\par\pard\plain\sl-27
1\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\p
lain\sl-200\par\pard\plain\sl-245\par\pard\plain\li360\sl-245\f0\fs18\cf0\b0\i0\
ul0\strike0 ASPECTOS\f0\fs18\cf0\b0\i0\ul0\strike0 TRIBUTARIOS\par\pard\plain\s
l-200\par\pard\plain\sl-250\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 entra
da\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\
fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 efectos\f0\fs18\
cf0\b0\i0\ul0\strike0 tributarios:\f0\fs18\cf0\b0\i0\ul0\strike0 La\f0\fs18\cf
0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 surtir\u225?\par
\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0
\b0\i0\ul0\strike0 efecto\f0\fs18\cf0\b0\i0\ul0\strike0 tributario\f0\fs18\cf0\
b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\st
rike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 en
trada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\
f0\fs18\cf0\b0\i0\ul0\strike0 establecida\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\
fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 acuerdo\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\par\pard\plai
n\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 siempre\f0\fs18\cf0\b0\i0\ul0\stri
ke0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 comuni
que\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 mencionada\
f0\fs18\cf0\b0\i0\ul0\strike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf
0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 SUNAT\f0\fs18\cf0\b0\i0\u
l0\strike0 dentro\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strik
e0 los\f0\fs18\cf0\b0\i0\ul0\strike0 diez\f0\fs18\cf0\b0\i0\ul0\strike0 d\u23
7?as\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 h\u225?biles\f0\
fs18\cf0\b0\i0\ul0\strike0 siguientes\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\
cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 entrada\f0\fs18\cf0\b0\
i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia.\par\sect\sected\sbkn
one\cols2\colno1\colw2690\colsr10\colno2\colw9200\pard\plain\sl-200\par\pard\pla
in\sl-271\par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\

column\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\li0\sl-245\f0\fs18\cf0\
b0\i0\ul0\strike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul
0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Renta:\f0\fs18\cf0\b0\i0\ul0\strike
0 la\f0\fs18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 todos\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\
fs18\cf0\b0\i0\ul0\strike0 activos,\f0\fs18\cf0\b0\i0\ul0\strike0 corrientes\f
0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 no\par\sect\secte
d\sbknone\cols1\colno1\colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\
strike0 corrientes,\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike
0 efectuar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strik
e0 su\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0
\fs18\cf0\b0\i0\ul0\strike0 libros.\f0\fs18\cf0\b0\i0\ul0\strike0 Por\f0\fs18\
cf0\b0\i0\ul0\strike0 consiguiente,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\c
f0\b0\i0\ul0\strike0 TDP\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\str
ike0 dichos\f0\fs18\cf0\b0\i0\ul0\strike0 bienes\f0\fs18\cf0\b0\i0\ul0\strike0
mantendr\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0
mismo\f0\fs18\cf0\b0\i0\ul0\strike0 costo\f0\fs18\cf0\b0\i0\ul0\strike0 comp
utable\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ten\u23
7?an\f0\fs18\cf0\b0\i0\ul0\strike0 antes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\f
s18\cf0\b0\i0\ul0\strike0 realizar\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\p
lain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\u
l0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0
propone\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\
fs18\cf0\b0\i0\ul0\strike0 Proyecto.\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\
cf0\b0\i0\ul0\strike0 raz\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 expuesto,\f0\fs18\cf0\b0\i0
\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\
ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 activ
os\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\
cf0\b0\i0\ul0\strike0 efect\u250?e\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\c
f0\b0\i0\ul0\strike0 motivo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul
0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 originar\u225?\f0\fs18\cf0\b0\i0\ul
0\strike0 renta\f0\fs18\cf0\b0\i0\ul0\strike0 gravable.\par\pard\plain\sl-200\
par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0
En\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18
\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul0\strike0 depreciable\f0\fs18
\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul
0\strike0 vida\f0\fs18\cf0\b0\i0\ul0\strike0 \u250?til\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 bie
nes\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 activo\f0\
fs18\cf0\b0\i0\ul0\strike0 fijo\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\
b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 transfieran\par\pard\plain\
li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 e
fecto\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs1
8\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u225?n\
f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 mismos\f0\fs18
\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 tendr\u237?an\f0\fs18
\cf0\b0\i0\ul0\strike0 si\f0\fs18\cf0\b0\i0\ul0\strike0 \u233?stos\f0\fs18\cf0
\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 hubieran\f0\fs18\cf0\b0\i0
\ul0\strike0 mantenido\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strik
e0 en\f0\fs18\cf0\b0\i0\ul0\strike0 poder\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 M\u243?viles.\par\pard\plain\sl-200\par\pard\plain\s
l-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0
\fs18\cf0\b0\i0\ul0\strike0 determinar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 el\
f0\fs18\cf0\b0\i0\ul0\strike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18
\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Renta\f0\fs18\cf0\b0\i
0\ul0\strike0 tomando\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\s
trike0 cuenta\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0

balance\f0\fs18\cf0\b0\i0\ul0\strike0 formulado\f0\fs18\cf0\b0\i0\ul0\strike0
al\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 d\u237?a\f0\fs18\c
f0\b0\i0\ul0\strike0 anterior\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\
i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strik
e0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vig
encia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs1
8\cf0\b0\i0\ul0\strike0 fusi\u243?n.\f0\fs18\cf0\b0\i0\ul0\strike0 El\f0\fs18\
cf0\b0\i0\ul0\strike0 impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 resultante\f0\fs1
8\cf0\b0\i0\ul0\strike0 ser\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 pagado\par\par
d\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 conjuntamente\f0\fs18\cf0\b0
\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\str
ike0 declaraci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 jurada\f0\fs18\cf0\b0\i0\u
l0\strike0 correspondiente,\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0
\ul0\strike0 cual\f0\fs18\cf0\b0\i0\ul0\strike0 deber\u225?\f0\fs18\cf0\b0\i0\
ul0\strike0 presentarse\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 dentro\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\
f0\fs18\cf0\b0\i0\ul0\strike0 tres\f0\fs18\cf0\b0\i0\ul0\strike0 meses\f0\fs18
\cf0\b0\i0\ul0\strike0 siguientes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 entrada\f0\fs18\cf0\b0\i0\
ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\
u243?n.\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols2\colno1\colw2690\
colsr10\colno2\colw9200\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\s
l-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard
\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-230\
par\pard\plain\li2008\sl-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\
pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li0\sl-246\f0\fs1
8\cf0\b0\i0\ul0\strike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\
cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul
0\strike0 Ventas:\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strik
e0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 bienes\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f
0\fs18\cf0\b0\i0\ul0\strike0 efect\u250?e\par\sect\sected\sbknone\cols1\colno1\
colw11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf
0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\
i0\ul0\strike0 propuesta\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul
0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Proyecto,\f0\fs18\cf0\b0\i0\ul0\str
ike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 encont
rar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 gravada\par\pard\plain\li2008\sl-350\f0
\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 este\f0\fs18\cf0\
b0\i0\ul0\strike0 tributo.\f0\fs18\cf0\b0\i0\ul0\strike0 La\f0\fs18\cf0\b0\i0\
ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 permitir\u225?\f0\fs18\c
f0\b0\i0\ul0\strike0 que,\f0\fs18\cf0\b0\i0\ul0\strike0 conforme\f0\fs18\cf0\b
0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 ley,\f0\fs18\cf0\b0\i0\ul0\st
rike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 transfiera\f0\fs18\cf0\b0\i0\
ul0\strike0 sus\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 cr\u
233?ditos\f0\fs18\cf0\b0\i0\ul0\strike0 fiscales\f0\fs18\cf0\b0\i0\ul0\strike0
acumulados\f0\fs18\cf0\b0\i0\ul0\strike0 (derivados\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 adquisi
ci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 biene
s\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 servicios)\f0\
fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 favor\par\pard\pla
in\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
TDP.\f0\fs18\cf0\b0\i0\ul0\strike0 Luego\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs
18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 podr\u225?\f0\fs18\
cf0\b0\i0\ul0\strike0 aplicar\f0\fs18\cf0\b0\i0\ul0\strike0 dichos\f0\fs18\cf0

\b0\i0\ul0\strike0 cr\u233?ditos\f0\fs18\cf0\b0\i0\ul0\strike0 fiscales\f0\fs1


8\cf0\b0\i0\ul0\strike0 acumulados\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\
i0\ul0\strike0 contra\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\st
rike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\ul0\str
ike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 Ventas
\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\
b0\i0\ul0\strike0 cargo.\par\sect\sected\sbknone\cols2\colno1\colw2690\colsr10\
colno2\colw9200\pard\plain\sl-200\par\pard\plain\sl-204\par\pard\plain\li2368\sl
-217\f2\fs18\cf0\b0\i0\ul0\strike0 -\par\pard\column\plain\sl-382\par\pard\plain
\li0\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 Alcabala:\f0\fs18\cf0\b0\i0\ul0\strike0 com
o\f0\fs18\cf0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0
\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 adquirir\u225?\f
0\fs18\cf0\b0\i0\ul0\strike0 la\par\sect\sected\sbknone\cols1\colno1\colw11900\
pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 propiedad\f0\fs18\cf0\b0\
i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\stri
ke0 inmuebles\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 q
ue\f0\fs18\cf0\b0\i0\ul0\strike0 estar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 gra
vado\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs1
8\cf0\b0\i0\ul0\strike0 Impuesto\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\pla
in\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Alcabala.\par\sect\sected\sbknone
\cols2\colno1\colw3070\colsr10\colno2\colw8820\pard\plain\sl-200\par\pard\plain\
sl-250\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 VII.\par\pard\
column\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\li0\sl-245\f0\fs18\cf0\
b0\i0\ul0\strike0 CRITERIO\f0\fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\u
l0\strike0 VALORIZACI\u211?N\f0\fs18\cf0\b0\i0\ul0\strike0 Y\f0\fs18\cf0\b0\i0
\ul0\strike0 RELACI\u211?N\f0\fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\
ul0\strike0 CANJE\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\sl200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\str
ike0 Para\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 estab
lecimiento\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f
0\fs18\cf0\b0\i0\ul0\strike0 participaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 corresponde\f0\fs18\cf0\b0\i0\ul0\strike0 a\
f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b
0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 en\
f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18
\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\u
l0\strike0 primera\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\st
rike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike
0 as\u237?\f0\fs18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 l
a\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 relaci\u243?n\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 canje\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\str
ike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
ser\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 aplicable\f0\fs18\cf0\b0\i0\ul0\strike
0 a\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionist
as\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles
\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 ha\par\pard\pl
ain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 procedido\f0\fs18\cf0\b0\i0\ul0\
strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 valorizar\f0\fs18\cf0\b0\i0\ul0\strike
0 a\f0\fs18\cf0\b0\i0\ul0\strike0 dichas\f0\fs18\cf0\b0\i0\ul0\strike0 empres
as\f0\fs18\cf0\b0\i0\ul0\strike0 aplicando\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0
\fs18\cf0\b0\i0\ul0\strike0 m\u233?todo\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs
18\cf0\b0\i0\ul0\strike0 Valorizaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 por\f
0\fs18\cf0\b0\i0\ul0\strike0 Flujo\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\

i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Caja\f0\fs18\cf0\b0\i0\ul0\stri


ke0 Libre\f0\fs18\cf0\b0\i0\ul0\strike0 Descontado.\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Los\f0\fs18\cf0\b0\i0\ul0\strike0 resultados\f0\fs18\cf0\b0\i0\ul0\strike0
obtenidos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 dic
ha\f0\fs18\cf0\b0\i0\ul0\strike0 valorizaci\u243?n,\f0\fs18\cf0\b0\i0\ul0\strik
e0 determinan\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0
\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 represe
nta\f0\fs18\cf0\b0\i0\ul0\strike0 0.655\f0\fs18\cf0\b0\i0\ul0\strike0 veces\f0
\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP.\par\pard\plain\sl-200
\par\pard\plain\sl-250\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike
0 Tomando\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 consi
deraci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0
valorizaciones\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 q
ue\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf
0\b0\i0\ul0\strike0 mantendr\u225?n\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0
\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 mismo\f0\fs18\cf0\b0\i0\ul0\st
rike0 n\u250?mero\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strik
e0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 p
oseen\f0\fs18\cf0\b0\i0\ul0\strike0 actualmente,\f0\fs18\cf0\b0\i0\ul0\strike0
el\f0\fs18\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs
18\cf0\b0\i0\ul0\strike0 TDP\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0
\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 recibir\u225?\f0\fs18\cf0\b0\i0\ul0\
strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 accionista\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\str
ike0 distinto\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 T
DP,\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 determinar\
u225?\f0\fs18\cf0\b0\i0\ul0\strike0 mediante\f0\fs18\cf0\b0\i0\ul0\strike0 la\
par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 aplicaci\u243?n\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0
\ul0\strike0 siguiente\f0\fs18\cf0\b0\i0\ul0\strike0 relaci\u243?n\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 canje:\par\pard\plain\sl-2
00\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0
distintos\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 TDP,\
f0\fs18\cf0\b0\i0\ul0\strike0 recibir\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 por
\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 acci\u243?n\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain
\li2008\sl-268\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0
fueran\f0\fs18\cf0\b0\i0\ul0\strike0 titulares\f0\fs18\cf0\b0\i0\ul0\strike0 a
\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fecha\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 registro\f0\fs18\cf0\b0
\i0\ul0\strike0 0.1268291633\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\
strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0 B\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\par\pard\plain\li2008\sl-264\f0\fs18\cf0\b0\i0\ul0\strike0 TDP.\par\pard\plain
\sl-368\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Las\f0\fs18\c
f0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0
\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 emitir\u225?\f0\fs18\cf0\b0\
i0\ul0\strike0 ser\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 distribuidas\f0\fs18\c
f0\b0\i0\ul0\strike0 entre\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0
\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul
0\strike0 M\u243?viles,\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 distintos\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 TD
P,\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 prorrata\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i

0\ul0\strike0 participaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\


b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\u
l0\strike0 social.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\l
i2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Simult\u225?neamente\f0\fs18\cf0\b0\i
0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 proceso\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\stri
ke0 materia\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0 P
royecto,\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 lleva
r\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 cabo\f0\
fs18\cf0\b0\i0\ul0\strike0 un\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul
0\strike0 proceso\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 simple\f0\fs18\cf0\b0\i0\ul0\strik
e0 con\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 empres
as\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0
Multimedia\f0\fs18\cf0\b0\i0\ul0\strike0 S.A.C.\f0\fs18\cf0\b0\i0\ul0\strike0
y\f0\fs18\cf0\b0\i0\ul0\strike0 Star\f0\fs18\cf0\b0\i0\ul0\strike0 Global\par
\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Com\f0\fs18\cf0\b0\i0\ul
0\strike0 S.A.C.,\f0\fs18\cf0\b0\i0\ul0\strike0 mediante\f0\fs18\cf0\b0\i0\ul0
\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 cual\f0\fs18\cf0\b0\i0\ul0\strike0
TDP\f0\fs18\cf0\b0\i0\ul0\strike0 absorber\u225?\f0\fs18\cf0\b0\i0\ul0\strike0
a\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0
Multimedia\f0\fs18\cf0\b0\i0\ul0\strike0 S.A.C.\f0\fs18\cf0\b0\i0\ul0\strike0
y\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 Star\par\pard
\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Global\f0\fs18\cf0\b0\i0\ul0\
strike0 Com\f0\fs18\cf0\b0\i0\ul0\strike0 S.A.C.,\f0\fs18\cf0\b0\i0\ul0\strike
0 extingui\u233?ndose\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\s
trike0 personalidad\f0\fs18\cf0\b0\i0\ul0\strike0 jur\u237?dica\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 estas\f0\fs18\cf0\b0\i0\ul0\s
trike0 \u250?ltimas,\f0\fs18\cf0\b0\i0\ul0\strike0 sin\par\pard\plain\li2008\s
l-350\f0\fs18\cf0\b0\i0\ul0\strike0 necesidad\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 liquidarse\f0\fs18\cf0\b0\i0\ul0\strike0 (los\f0
\fs18\cf0\b0\i0\ul0\strike0 \u8220?Procesos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f
0\fs18\cf0\b0\i0\ul0\strike0 Fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 Simple\
u8221?).\f0\fs18\cf0\b0\i0\ul0\strike0 Los\f0\fs18\cf0\b0\i0\ul0\strike0 Proce
sos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Fusi\u243?n
\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Simple\f0\fs18\cf0\b
0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 implicar\u225?n\f0\fs18\cf0\
b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0
\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 incremento\f0\fs18\cf0\b0\i0\ul0\str
ike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 capita
l\f0\fs18\cf0\b0\i0\ul0\strike0 social,\f0\fs18\cf0\b0\i0\ul0\strike0 ni\f0\fs
18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 emisi\u243?n\f0\fs18
\cf0\b0\i0\ul0\strike0 o\f0\fs18\cf0\b0\i0\ul0\strike0 canje\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 acci
ones\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 favor\f0\fs
18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 terceros,\f0\fs18\cf
0\b0\i0\ul0\strike0 toda\f0\fs18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\i0\u
l0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 conforme\f0\fs18\cf0\b0\i0\ul0\st
rike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 previs
to\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\c
f0\b0\i0\ul0\strike0 art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 363
{\shp{\*\shpinst\shpleft5033\shptop14405\shpright7735\shpbottom14405
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz139\shplid31680
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn lineColor}{\sv 0}}


{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols1\colno1\colw11900\pard
\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain
\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li2008\sl-246
\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\
b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 General\f0\fs18\cf0\b0\i0\
ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedades,\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\st
rike0 simple\f0\fs18\cf0\b0\i0\ul0\strike0 implica\f0\fs18\cf0\b0\i0\ul0\strik
e0 que\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 socieda
d\f0\fs18\cf0\b0\i0\ul0\strike0 absorbente\par\pard\plain\li2008\sl-345\f0\fs18
\cf0\b0\i0\ul0\strike0 (TDP)\f0\fs18\cf0\b0\i0\ul0\strike0 sea\f0\fs18\cf0\b0\i
0\ul0\strike0 propietaria\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\
ul0\strike0 cien\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strik
e0 ciento\f0\fs18\cf0\b0\i0\ul0\strike0 (100%)\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0
\fs18\cf0\b0\i0\ul0\strike0 representativas\f0\fs18\cf0\b0\i0\ul0\strike0 del\
par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b
0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 absorbidas\f0\fs18\cf0\b0\i0\ul0\st
rike0 (Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 Multimedia\f0\fs18\cf0\b0
\i0\ul0\strike0 S.A.C.\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\s
trike0 Star\f0\fs18\cf0\b0\i0\ul0\strike0 Global\f0\fs18\cf0\b0\i0\ul0\strike0
Com\f0\fs18\cf0\b0\i0\ul0\strike0 S.A.C.),\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 como\f0\fs18\cf0\b0\i0\ul0\strike0 as\u237?\f0\fs18\cf
0\b0\i0\ul0\strike0 ocurre\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\
ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 Procesos\f0\fs18\cf0\b0\i0\ul0\s
trike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Fusi\u243?n\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Simple.\par\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\s
l-246\f0\fs18\cf0\b0\i0\ul0\strike0 Consecuentemente,\f0\fs18\cf0\b0\i0\ul0\stri
ke0 la\f0\fs18\cf0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs18\cf0\b0\i0\ul0\str
ike0 e\f0\fs18\cf0\b0\i0\ul0\strike0 implementaci\u243?n\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 P
rocesos\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Fusi\u2
43?n\f0\fs18\cf0\b0\i0\ul0\strike0 Simple\par\pard\plain\li2008\sl-350\f0\fs18\
cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 implicar\u225?n\f0\fs18\
cf0\b0\i0\ul0\strike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 modificaci\u243?n\f0\f
s18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i
0\ul0\strike0 relaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 canje\f0\fs18\cf0\b0\i0\ul0\strike0 indicada\f0\fs18\cf0\b0\i0\ul
0\strike0 precedentemente.\par\sect\sected\sbknone\cols2\colno1\colw4650\colsr1
0\colno2\colw7240\pard\plain\sl-200\par\pard\plain\sl-240\par\pard\plain\li3974\
sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 VII.\par\pard\column\plain\sl-200\par\pard\
plain\sl-240\par\pard\plain\li0\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 CAPITAL\f0\
fs24\cf0\b0\i0\ul0\strike0 DE\f0\fs24\cf0\b0\i0\ul0\strike0 LA\f0\fs24\cf0\b0\
i0\ul0\strike0 ABSORBENTE\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\p
lain\sl-200\par\pard\plain\sl-200\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0
\ul0\strike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\str
ike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TD
P\f0\fs18\cf0\b0\i0\ul0\strike0 luego\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18
\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n\f0\fs18\cf
0\b0\i0\ul0\strike0 quedar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 incrementado\f0
\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0

\i0\ul0\strike0 importe\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\stri
ke0 necesario\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0
emitir\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 n\u250?
mero\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f
0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b
0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?B\u8221?\f0\fs18\c
f0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul
0\strike0 requiere\f0\fs18\cf0\b0\i0\ul0\strike0 entregar\f0\fs18\cf0\b0\i0\ul
0\strike0 a\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\f
s18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18
\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 distintos\f
0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 TDP,\f0\fs18\cf0\
b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0
\strike0 \u233?stos\f0\fs18\cf0\b0\i0\ul0\strike0 alcancen\f0\fs18\cf0\b0\i0\u
l0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 participaci\u243?n\par\pard\plain\
li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 l
es\f0\fs18\cf0\b0\i0\ul0\strike0 corresponde\f0\fs18\cf0\b0\i0\ul0\strike0 en\
f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18
\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 \u233?sta\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul
0\strike0 funci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\s
trike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 valorizaci\u243?n\f0\fs18\cf0\b0\i0\ul
0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 ambas\par\pard\plain\li2008\sl-345\
f0\fs18\cf0\b0\i0\ul0\strike0 sociedades.\f0\fs18\cf0\b0\i0\ul0\strike0 Como\f0
\fs18\cf0\b0\i0\ul0\strike0 resultado\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18
\cf0\b0\i0\ul0\strike0 ello,\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i
0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 aumentar\u225?\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 sum
a\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 S/.2\par\pard
\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 878\f0\fs18\cf0\b0\i0\ul0\str
ike0 642\f0\fs18\cf0\b0\i0\ul0\strike0 696.14\f0\fs18\cf0\b0\i0\ul0\strike0 (
Dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 ochociento
s\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs1
8\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf
0\b0\i0\ul0\strike0 seiscientos\f0\fs18\cf0\b0\i0\ul0\strike0 cuarenta\f0\fs18
\cf0\b0\i0\ul0\strike0 y\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\str
ike0 dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 seisc
ientos\f0\fs18\cf0\b0\i0\ul0\strike0 noventa\f0\fs18\cf0\b0\i0\ul0\strike0 y\f
0\fs18\cf0\b0\i0\ul0\strike0 seis\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\
b0\i0\ul0\strike0 14/100\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i
0\ul0\strike0 Soles)\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\str
ike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0
\fs18\cf0\b0\i0\ul0\strike0 2\f0\fs18\cf0\b0\i0\ul0\strike0 878\f0\fs18\cf0\b0
\i0\ul0\strike0 723\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0
763.18\f0\fs18\cf0\b0\i0\ul0\strike0 (Dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0
\fs18\cf0\b0\i0\ul0\strike0 ochocientos\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\
f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0
\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike0 setecientos\f0\fs18\
cf0\b0\i0\ul0\strike0 veintitr\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 mil\par\se
ct\sected\sbknone\cols2\colno1\colw9430\colsr10\colno2\colw2460\pard\plain\li200
8\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 setecientos\f0\fs18\cf0\b0\i0\ul0\strike0
sesenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 tres\f
0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 18/100\f0\fs18\cf
0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\strike0 Soles)\f0\fs18\cf0\b0
\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 decir\f0\fs18\cf0\b0\i0\ul0\s
trike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\par\pard\plain\li0\sl-345\column\f
0\fs18\cf0\b0\i0\ul0\strike0 81,067.04\par\sect\sected\sbknone\cols1\colno1\colw
11900\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 (Ochenta\f0\fs18\cf
0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\s

trike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 sesenta\f0\fs18\cf0\b0\i0\ul0\strike0


y\f0\fs18\cf0\b0\i0\ul0\strike0 siete\f0\fs18\cf0\b0\i0\ul0\strike0 con\f0\f
s18\cf0\b0\i0\ul0\strike0 04/100\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\
cf0\b0\i0\ul0\strike0 Soles),\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\
i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\stri
ke0 materializar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li2008\s
l-345\f0\fs18\cf0\b0\i0\ul0\strike0 trav\u233?s\f0\fs18\cf0\b0\i0\ul0\strike0 d
e\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 emisi\u243?n\
f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 94,264\f0\fs18\
cf0\b0\i0\ul0\strike0 (Noventa\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\
i0\ul0\strike0 cuatro\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\
strike0 doscientos\f0\fs18\cf0\b0\i0\ul0\strike0 sesenta\f0\fs18\cf0\b0\i0\ul0
\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 cuatro)\par\pard\plain\li2008\sl-350\
f0\fs18\cf0\b0\i0\ul0\strike0 nuevas\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\
fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u225?n\f0\fs1
8\cf0\b0\i0\ul0\strike0 distribuidas\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\c
f0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b
0\i0\ul0\strike0 distintos\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\u
l0\strike0 TDP.\par\pard\plain\li2008\sl-349\f3\fs18\cf0\b0\i0\ul0\strike0
\f0\fs18\cf0\b0\i0\ul0\strike0 Ello,\f0\fs18\cf0\b0\i0\ul0\strike0
como\f0\fs18\cf0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0
de:\par\sect\sected\sbknone\cols2\colno1\colw2710\colsr10\colno2\colw9180\pard\p
lain\sl-200\par\pard\plain\sl-282\par\pard\plain\li2368\sl-216\f1\fs20\cf0\b0\i0
\ul0\strike0 \u183?\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\s
l-200\par\pard\plain\sl-200\par\pard\plain\sl-211\par\pard\plain\li2368\sl-196\f
1\fs18\cf0\b0\i0\ul0\strike0 \u183?\par\pard\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain
\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pa
rd\plain\sl-200\par\pard\plain\sl-241\par\pard\plain\li2365\sl-196\f1\fs18\cf0\b
0\i0\ul0\strike0 \u183?\par\pard\column\plain\sl-200\par\pard\plain\sl-236\par\p
ard\plain\li6\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Sumar\f0\fs18\cf0\b0\i0\ul0\s
trike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0
social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\
fs18\cf0\b0\i0\ul0\strike0 con\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\
i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strik
e0 cual\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 obtien
e\f0\fs18\cf0\b0\i0\ul0\strike0 un\par\pard\plain\li6\sl-268\f0\fs18\cf0\b0\i0\
ul0\strike0 resultado\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i0\ul0\strike0 051\f
0\fs18\cf0\b0\i0\ul0\strike0 510\f0\fs18\cf0\b0\i0\ul0\strike0 316.48\f0\fs18\
cf0\b0\i0\ul0\strike0 (Tres\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i
0\ul0\strike0 cincuenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\
strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike
0 quinientos\par\pard\plain\li6\sl-264\f0\fs18\cf0\b0\i0\ul0\strike0 diez\f0\fs
18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 trescientos\f0\fs18
\cf0\b0\i0\ul0\strike0 diecis\u233?is\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\
cf0\b0\i0\ul0\strike0 48/00\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b
0\i0\ul0\strike0 Soles).\par\pard\plain\sl-200\par\pard\plain\sl-235\par\pard\p
lain\li6\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Restar\f0\fs18\cf0\b0\i0\ul0\strik
e0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 sumatori
a\f0\fs18\cf0\b0\i0\ul0\strike0 antes\f0\fs18\cf0\b0\i0\ul0\strike0 indicada\f
0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 monto\f0\fs18\cf
0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\
strike0 participaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 accionaria\f0\fs18\cf
0\b0\i0\ul0\strike0 que\par\pard\plain\li6\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0
TDP\f0\fs18\cf0\b0\i0\ul0\strike0 mantiene\f0\fs18\cf0\b0\i0\ul0\strike0 en\f
0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\
cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i

0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i0\ul0\strike0 ascendente\f0\fs18\c


f0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0
\strike0 172\f0\fs18\cf0\b0\i0\ul0\strike0 860\par\pard\plain\li6\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 187.98\f0\fs18\cf0\b0\i0\ul0\strike0 (Ciento\f0\fs18\c
f0\b0\i0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0
\ul0\strike0 dos\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\
strike0 ochocientos\f0\fs18\cf0\b0\i0\ul0\strike0 sesenta\f0\fs18\cf0\b0\i0\ul
0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 ciento\f0\fs18\cf0\b0\i0\ul0\strik
e0 ochenta\par\pard\plain\li6\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf
0\b0\i0\ul0\strike0 siete\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul
0\strike0 98/100\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\st
rike0 Soles).\f0\fs18\cf0\b0\i0\ul0\strike0 De\f0\fs18\cf0\b0\i0\ul0\strike0
dicha\f0\fs18\cf0\b0\i0\ul0\strike0 resta\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\
fs18\cf0\b0\i0\ul0\strike0 obtiene\f0\fs18\cf0\b0\i0\ul0\strike0 un\f0\fs18\cf
0\b0\i0\ul0\strike0 resultado\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 S/.\par\pard\plain\li6\sl-349\f0\fs18\cf0\b0\i0\ul0\strike0 2\f0
\fs18\cf0\b0\i0\ul0\strike0 878\f0\fs18\cf0\b0\i0\ul0\strike0 650\f0\fs18\cf0\
b0\i0\ul0\strike0 128.50\f3\fs18\cf0\b0\i0\ul0\strike0
\f0\fs18\cf0\b0\i0\u
l0\strike0 (Dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike
0 ochocientos\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\stri
ke0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0\b0\i0\ul0\strike0 millon
es\f0\fs18\cf0\b0\i0\ul0\strike0 seiscientos\par\pard\plain\li6\sl-345\f0\fs18\
cf0\b0\i0\ul0\strike0 cincuenta\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b
0\i0\ul0\strike0 ciento\f0\fs18\cf0\b0\i0\ul0\strike0 veintiocho\f0\fs18\cf0\b
0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 50/100\f0\fs18\cf0\b0\i0\ul0\
strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\strike0 Soles).\f3\fs18\cf0\b0\i0\ul0\str
ike0
\par\pard\plain\sl-200\par\pard\plain\sl-255\par\pard\plain\li0\sl-245\
f0\fs18\cf0\b0\i0\ul0\strike0 Sumar\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf
0\b0\i0\ul0\strike0 importe\f0\fs18\cf0\b0\i0\ul0\strike0 resultante\f0\fs18\c
f0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0
\strike0 resta\f0\fs18\cf0\b0\i0\ul0\strike0 indicada\f0\fs18\cf0\b0\i0\ul0\st
rike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 punto
\f0\fs18\cf0\b0\i0\ul0\strike0 anterior,\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\f
s18\cf0\b0\i0\ul0\strike0 monto\par\pard\plain\li0\sl-350\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 73
,634.68\f0\fs18\cf0\b0\i0\ul0\strike0 (Setenta\f0\fs18\cf0\b0\i0\ul0\strike0 y
\f0\fs18\cf0\b0\i0\ul0\strike0 tres\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\
cf0\b0\i0\ul0\strike0 seiscientos\f0\fs18\cf0\b0\i0\ul0\strike0 treinta\f0\fs1
8\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 cuatro\f0\fs18\cf0\b0\
i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 68/100\par\pard\plain\li0\sl-34
5\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\strike0 Soles)\f0\
fs18\cf0\b0\i0\ul0\strike0 proveniente\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs1
8\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 resultados\f0\fs18\c
f0\b0\i0\ul0\strike0 acumulados\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b
0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\
i0\ul0\strike0 31\f0\fs18\cf0\b0\i0\ul0\strike0 de\sect\sectd\sbkpage\pgwsxn11
905\pghsxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-200\par\pard\plain\s
l-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard
\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-208\par\pard\plain\li2722\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0
diciembre\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 2012
,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u237?an\
f0\fs18\cf0\b0\i0\ul0\strike0 capitalizados.\f0\fs18\cf0\b0\i0\ul0\strike0 Com
o\f0\fs18\cf0\b0\i0\ul0\strike0 consecuencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\
f0\fs18\cf0\b0\i0\ul0\strike0 dicha\par\pard\plain\li2722\sl-345\f0\fs18\cf0\b0
\i0\ul0\strike0 sumatoria,\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\u
l0\strike0 obtiene\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\stri
ke0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0
final\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP,\f0
\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ascender\u225?\f

0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b


0\i0\ul0\strike0 2\f0\fs18\cf0\b0\i0\ul0\strike0 878\par\pard\plain\li2722\sl350\f0\fs18\cf0\b0\i0\ul0\strike0 723\f0\fs18\cf0\b0\i0\ul0\strike0 763.18\f0\f
s18\cf0\b0\i0\ul0\strike0 (Dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\cf0\b
0\i0\ul0\strike0 ochocientos\f0\fs18\cf0\b0\i0\ul0\strike0 setenta\f0\fs18\cf0
\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 ocho\f0\fs18\cf0\b0\i0\ul0\
strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike0 setecientos\par\pard\plain\li27
22\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 veintitr\u233?s\f0\fs18\cf0\b0\i0\ul0\st
rike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 setecientos\f0\fs18\cf0\b0\i0\ul0\stri
ke0 sesenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 tre
s\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 18/100\f0\fs18
\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i0\ul0\strike0 Soles)\f0\fs18\cf0
\b0\i0\ul0\strike0 representado\par\pard\plain\li2722\sl-345\f0\fs18\cf0\b0\i0\
ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i0\ul0\strike0
347\f0\fs18\cf0\b0\i0\ul0\strike0 353\f0\fs18\cf0\b0\i0\ul0\strike0 213\f0\fs1
8\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\
b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul0
\strike0 nominal\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike
0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 0.86\f0\fs18\cf0\b0\i0\ul0\strike0 cada\f
0\fs18\cf0\b0\i0\ul0\strike0 una,\par\pard\plain\li2722\sl-345\f0\fs18\cf0\b0\i
0\ul0\strike0 \u237?ntegramente\f0\fs18\cf0\b0\i0\ul0\strike0 suscritas\f0\fs18
\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 totalmente\f0\fs18\cf0\
b0\i0\ul0\strike0 pagadas,\f0\fs18\cf0\b0\i0\ul0\strike0 distribuidas\f0\fs18\
cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0
\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2722\sl-3
50\f0\fs18\cf0\b0\i0\ul0\strike0 Clases\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?B\
u8221?\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 \u8220?C\
u8221?.\par\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2716\sl-246
\f0\fs18\cf0\b0\i0\ul0\strike0 Luego\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\c
f0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0
\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\
ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0
estar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 dividido\f0\fs18\cf0\b0\i0\ul0\stri
ke0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 siguien
te\f0\fs18\cf0\b0\i0\ul0\strike0 manera:\par\sect\sected\sbknone\cols2\colno1\c
olw4050\colsr10\colno2\colw7840\pard\plain\sl-200\par\pard\plain\sl-200\par\pard
\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain
\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pa
rd\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-20
0\par\pard\plain\sl-200\par\pard\plain\sl-378\par\pard\plain\li3365\sl-300\f0\fs
24\cf0\b0\i0\ul0\strike0 IX.\par\pard\column\plain\sl-200\par\pard\plain\sl-200\
par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain
\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pa
rd\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-20
0\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-378\par\pard\plain\li0\sl-300\
f0\fs24\cf0\b0\i0\ul0\strike0 COMPENSACIONES\f0\fs24\cf0\b0\i0\ul0\strike0 COMP
LEMENTARIAS\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\sl-200\par
\pard\plain\sl-263\par\pard\plain\li2008\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 No
\f0\fs24\cf0\b0\i0\ul0\strike0 existir\u225?n\f0\fs24\cf0\b0\i0\ul0\strike0 co
mpensaciones\f0\fs24\cf0\b0\i0\ul0\strike0 complementarias\f0\fs24\cf0\b0\i0\ul
0\strike0 en\f0\fs24\cf0\b0\i0\ul0\strike0 la\f0\fs24\cf0\b0\i0\ul0\strike0 p
resente\f0\fs24\cf0\b0\i0\ul0\strike0 fusi\u243?n.\par\sect\sected\sbknone\cols
2\colno1\colw3590\colsr10\colno2\colw8300\pard\plain\sl-200\par\pard\plain\sl-37
8\par\pard\plain\li2920\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 X.\par\pard\column\
plain\sl-200\par\pard\plain\sl-378\par\pard\plain\li0\sl-300\f0\fs24\cf0\b0\i0\u
l0\strike0 PROCEDIMIENTO\f0\fs24\cf0\b0\i0\ul0\strike0 PARA\f0\fs24\cf0\b0\i0\u
l0\strike0 EL\f0\fs24\cf0\b0\i0\ul0\strike0 CANJE\f0\fs24\cf0\b0\i0\ul0\strike
0 DE\f0\fs24\cf0\b0\i0\ul0\strike0 T\u205?TULOS\par\sect\sected\sbknone\cols1\

colno1\colw11900\pard\plain\sl-200\par\pard\plain\sl-267\par\pard\plain\li2008\s
l-245\f0\fs18\cf0\b0\i0\ul0\strike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 canje\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\
i0\ul0\strike0 certificados\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0
\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\s
trike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\str
ike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strik
e0 deber\u225?\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 efect
uarse\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 amparo\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0
\i0\ul0\strike0 dispuesto\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\
ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0
General\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Socie
dades\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18
\cf0\b0\i0\ul0\strike0 Ley\f0\fs18\cf0\b0\i0\ul0\strike0 del\par\pard\plain\li
2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Mercado\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 Valores\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\f
s18\cf0\b0\i0\ul0\strike0 sus\f0\fs18\cf0\b0\i0\ul0\strike0 reglamentos\f0\fs1
8\cf0\b0\i0\ul0\strike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\
ul0\strike0 especial,\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\
strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Reglamento\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Interno\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2008\sl-345\f0\f
s18\cf0\b0\i0\ul0\strike0 CAVALI\f0\fs18\cf0\b0\i0\ul0\strike0 ICVL\f0\fs18\cf0
\b0\i0\ul0\strike0 S.A.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pard\pl
ain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 La\f0\fs18\cf0\b0\i0\ul0\strike0
fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 registr
o\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 canje\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\u
l0\strike0 nuevas\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0
\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 e
mitan\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u225
?n\f0\fs18\cf0\b0\i0\ul0\strike0 atribuidas\par\pard\plain\li2008\sl-345\f0\fs1
8\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\u
l0\strike0 accionistas\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\
strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0\strike0 distintos\f0\fs18\cf0\b0\i0
\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 TDP,\f0\fs18\cf0\b0\i0\ul0\strike
0 ser\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 determinada\f0\fs18\cf0\b0\i0\ul0\st
rike0 una\f0\fs18\cf0\b0\i0\ul0\strike0 vez\f0\fs18\cf0\b0\i0\ul0\strike0 que
\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 haya\par\pard\
plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 inscrito\f0\fs18\cf0\b0\i0\ul0
\strike0 registralmente\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0\ul0
\strike0 acuerdo\f0\fs18\cf0\b0\i0\ul0\strike0 societario.
{\shp{\*\shpinst\shpleft2009\shptop5460\shpright10857\shpbottom8472
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz3\shplid28184
{\sp{\sn shapeType}{\sv 1}}
{\sp{\sn lTxid}{\sv 11713}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}
{\sp{\sn dxTextRight}{\sv 0}}
{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn fBehindDocument}{\sv 1}}
{\shptxt\pard\li5\sl240\slmult1\sb34\f3\fs21\b0\expnd0\expndtw1\charscalex100
\trowd\irow0\trgaph0\trrh-706\trql\trleft0
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx2270
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx4680

\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx6946
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx8789
\pard\plain\intbl\li582\sl-274\f0\fs18\cf0\b0\i0\ul\strike0 Accionistas\cell
\pard\plain\intbl\li498\sl-274\f0\fs18\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\cell
\pard\plain\intbl\li504\sl-274\f0\fs18\cf0\b0\i0\ul0\strike0 Capital\f0\fs18\cf0
\b0\i0\ul0\strike0 social\cell
\pard\plain\intbl\li233\sl-274\f0\fs18\cf0\b0\i0\ul0\strike0 Porcentaje\f0\fs18\
cf0\b0\i0\ul0\strike0 del\par\pard\plain\intbl\li592\sl-345\f0\fs18\cf0\b0\i0\u
l0\strike0 Capital\cell
\row
\trowd\irow1\trgaph0\trrh-811\trql\trleft0
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx2270
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx4680
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx6946
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx8789
\pard\plain\intbl\li67\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 Actuales\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\cell
\pard\plain\intbl\li804\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i0
\ul0\strike0 347\f0\fs18\cf0\b0\i0\ul0\strike0 258\f0\fs18\cf0\b0\i0\ul0\strik
e0 949\cell
\pard\plain\intbl\li201\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 2\f0\fs18\cf0\b0\i0
\ul0\strike0 878\f0\fs18\cf0\b0\i0\ul0\strike0 642\f0\fs18\cf0\b0\i0\ul0\strik
e0 696.14\cell
\pard\plain\intbl\li331\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 99.99718%\cell
\row
\trowd\irow2\trgaph0\trrh-811\trql\trleft0
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx2270
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx4680
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx6946
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx8789
\pard\plain\intbl\li67\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 Actuales\f0\fs18\cf0
\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\cell
\pard\plain\intbl\li1603\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 94\f0\fs18\cf0\b0\
i0\ul0\strike0 264\cell
\pard\plain\intbl\li1140\sl-534\f0\fs18\cf0\b0\i0\ul0\strike0 81,067.04\cell
\pard\plain\intbl\li331\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 0.002816%\cell
\row
\trowd\irow3\trgaph0\trrh-624\trql\trleft0
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx2270
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx4680
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx6946
\clvertalt\clbrdrt\brdrs\brdrw12\brdrcf0\clbrdrl\brdrs\brdrw12\brdrcf0\clbrdrr\b
rdrs\brdrw12\brdrcf0\clbrdrb\brdrs\brdrw12\brdrcf0\clcbpat1\cltxlrtb\cellx8789
\pard\plain\intbl\li67\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 TOTAL\cell
\pard\plain\intbl\li804\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i0
\ul0\strike0 347\f0\fs18\cf0\b0\i0\ul0\strike0 353\f0\fs18\cf0\b0\i0\ul0\strik

e0 213\cell
\pard\plain\intbl\li334\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 2\f0\fs18\cf0\b0\i0
\ul0\strike0 878\f0\fs18\cf0\b0\i0\ul0\strike0 723\f0\fs18\cf0\b0\i0\ul0\strik
e0 763.18\cell
\pard\plain\intbl\li164\sl-270\f0\fs18\cf0\b0\i0\ul0\strike0 100.000000\f0\fs18\
cf0\b0\i0\ul0\strike0 %\cell
\row
}{\par}
}}\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols2\colno1\colw4270\colsr
10\colno2\colw7620\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-203\par\p
ard\plain\li3587\sl-300\f0\fs24\cf0\b0\i0\ul0\strike0 XI.\par\pard\column\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\par
d\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-203\par\pard\plain\li0\sl-300\f0\fs24\c
f0\b0\i0\ul0\strike0 FECHA\f0\fs24\cf0\b0\i0\ul0\strike0 DE\f0\fs24\cf0\b0\i0\u
l0\strike0 ENTRADA\f0\fs24\cf0\b0\i0\ul0\strike0 EN\f0\fs24\cf0\b0\i0\ul0\stri
ke0 VIGENCIA\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\sl-200\p
ar\pard\plain\sl-301\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0
Se\f0\fs18\cf0\b0\i0\ul0\strike0 delega\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs
18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 Directorios\f0\fs18
\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\
ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 determinaci\u243?n\f0\fs18\cf0\b0\i0
\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
fecha\f0\fs18\cf0\b0\i0\ul0\strike0 prevista\f0\fs18\cf0\b0\i0\ul0\strike0 p
ara\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0
\i0\ul0\strike0 entrada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0
\strike0 vigencia\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strik
e0 la\f0\fs18\cf0\b0\i0\ul0\strike0 fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 misma\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\
fs18\cf0\b0\i0\ul0\strike0 \u8211?sin\f0\fs18\cf0\b0\i0\ul0\strike0 embargo\u8
211?\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 encuentra\
par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 condicionada\f0\fs18\
cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul
0\strike0 el\f0\fs18\cf0\b0\i0\ul0\strike0 Ministerio\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Transportes\f0\fs18\cf0\b0\i0\ul0\strik
e0 y\f0\fs18\cf0\b0\i0\ul0\strike0 Comunicaciones\f0\fs18\cf0\b0\i0\ul0\strike
0 autorice\f0\fs18\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 transferencia\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\
cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\u
l0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 concesiones,\f0\fs18\cf0\b0\i0\ul
0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 asignaciones\f0\fs18\cf0\b0\i0\ul0
\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 espectro\f0\fs18\cf0\b0\i0\ul0\strik
e0 y\f0\fs18\cf0\b0\i0\ul0\strike0 dem\u225?s\f0\fs18\cf0\b0\i0\ul0\strike0 t
\u237?tulos\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 habilitan
tes\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18
\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\
ul0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles\f0\fs18\cf0\b0\
i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 t\u233?rminos\f0\fs18\cf0\b0\i
0\ul0\strike0 satisfactorios\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0
\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 Directorios\par\pard\plain\l
i2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 las
\f0\fs18\cf0\b0\i0\ul0\strike0 empresas\f0\fs18\cf0\b0\i0\ul0\strike0 particip
antes.\f0\fs18\cf0\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs
18\cf0\b0\i0\ul0\strike0 supuesto\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf
0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\
strike0 obtengan\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strik

e0 autorizaciones\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i0\ul0\strike0 an
tes\f0\fs18\cf0\b0\i0\ul0\strike0 referidas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f
0\fs18\cf0\b0\i0\ul0\strike0 t\u233?rminos\f0\fs18\cf0\b0\i0\ul0\strike0 satis
factorios\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0 los
\f0\fs18\cf0\b0\i0\ul0\strike0 Directorios\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0
\fs18\cf0\b0\i0\ul0\strike0 ambas\f0\fs18\cf0\b0\i0\ul0\strike0 empresas,\f0\f
s18\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0
\strike0 delegan\f0\fs18\cf0\b0\i0\ul0\strike0 facultades\f0\fs18\cf0\b0\i0\ul0
\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 dichos\f0\fs18\cf0\b0\i0\ul0\strike0
\u243?rganos\f0\fs18\cf0\b0\i0\ul0\strike0 para\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 su\f0\fs1
8\cf0\b0\i0\ul0\strike0 caso,\f0\fs18\cf0\b0\i0\ul0\strike0 determinen\f0\fs18
\cf0\b0\i0\ul0\strike0 no\f0\fs18\cf0\b0\i0\ul0\strike0 ejecutar\f0\fs18\cf0\b
0\i0\ul0\strike0 la\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0
operaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 sin\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 al\f0\fs18\cf0\b0\i0\ul0\strike0 efecto\f0\
fs18\cf0\b0\i0\ul0\strike0 se\f0\fs18\cf0\b0\i0\ul0\strike0 requiera\f0\fs18\c
f0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul
0\strike0 junta\f0\fs18\cf0\b0\i0\ul0\strike0 general\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas.\par\pard\plain\sl-200\par\
pard\plain\sl-200\par\pard\plain\sl-237\par\pard\plain\li2008\sl-245\f0\fs18\cf0
\b0\i0\ul0\strike0 En\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\st
rike0 fecha\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 en
trada\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 vigencia\
f0\fs18\cf0\b0\i0\ul0\strike0 cesar\u225?n\f0\fs18\cf0\b0\i0\ul0\strike0 las\f
0\fs18\cf0\b0\i0\ul0\strike0 operaciones,\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0
\fs18\cf0\b0\i0\ul0\strike0 derechos\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\c
f0\b0\i0\ul0\strike0 obligaciones\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i
0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles,\f0\fs18\cf0\b0\i0\
ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 ser\u225?n\f0\fs18\cf0\b0\i0\ul0
\strike0 asumidos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\stri
ke0 TDP.\par\pard\plain\sl-200\par\pard\plain\sl-250\par\pard\plain\li2008\sl-2
45\f0\fs18\cf0\b0\i0\ul0\strike0 XII.\f0\fs18\cf0\b0\i0\ul0\strike0 OTROS\f0\fs
18\cf0\b0\i0\ul0\strike0 T\u205?TULOS\f0\fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18
\cf0\b0\i0\ul0\strike0 LAS\f0\fs18\cf0\b0\i0\ul0\strike0 SOCIEDADES\f0\fs18\cf
0\b0\i0\ul0\strike0 PARTICIPANTES\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-246\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0
No\f0\fs18\cf0\b0\i0\ul0\strike0 existen\f0\fs18\cf0\b0\i0\ul0\strike0 derecho
s\f0\fs18\cf0\b0\i0\ul0\strike0 derivados\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\
fs18\cf0\b0\i0\ul0\strike0 otros\f0\fs18\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0
\fs18\cf0\b0\i0\ul0\strike0 emitidos\f0\fs18\cf0\b0\i0\ul0\strike0 por\f0\fs18
\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 sociedades\par\pard\p
lain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 participantes\f0\fs18\cf0\b0\i0
\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0
fusi\u243?n,\f0\fs18\cf0\b0\i0\ul0\strike0 distintos\f0\fs18\cf0\b0\i0\ul0\st
rike0 a\f0\fs18\cf0\b0\i0\ul0\strike0 las\f0\fs18\cf0\b0\i0\ul0\strike0 accio
nes,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 se\f0\fs1
8\cf0\b0\i0\ul0\strike0 vean\f0\fs18\cf0\b0\i0\ul0\strike0 afectados\f0\fs18\c
f0\b0\i0\ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul
0\strike0 misma.\par\pard\plain\sl-200\par\pard\plain\sl-370\par\pard\plain\li4
200\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 XIII.\f0\fs18\cf0\b0\i0\ul0\strike0 OT
RA\f0\fs18\cf0\b0\i0\ul0\strike0 INFORMACI\u211?N\f0\fs18\cf0\b0\i0\ul0\strike0
PERTINENTE\par\sect\sected\sbknone\cols2\colno1\colw3410\colsr10\colno2\colw84
80\pard\plain\sl-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-245\f0\fs18\
cf0\b0\i0\ul0\strike0 Anexo\f0\fs18\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs18\cf0\b
0\i0\ul0\strike0 1\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\s
l-200\par\pard\plain\sl-315\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\s
trike0 Anexo\f0\fs18\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs18\cf0\b0\i0\ul0\strike
0 2\par\pard\plain\sl-200\par\pard\plain\sl-365\par\pard\plain\li2008\sl-245\f0

\fs18\cf0\b0\i0\ul0\strike0 Anexo\f0\fs18\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs18


\cf0\b0\i0\ul0\strike0 3\par\pard\column\plain\sl-200\par\pard\plain\sl-245\par
\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 :\f0\fs18\cf0\b0\i0\ul0\str
ike0 Propuesta\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0
modificaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\stri
ke0 Estatuto\f0\fs18\cf0\b0\i0\ul0\strike0 Social\f0\fs18\cf0\b0\i0\ul0\strike
0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strik
e0 del\f0\fs18\cf0\b0\i0\ul0\strike0 Per\u250?\par\pard\plain\li142\sl-345\f0\
fs18\cf0\b0\i0\ul0\strike0 S.A.A.\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\
b0\i0\ul0\strike0 lo\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\s
trike0 respecta\f0\fs18\cf0\b0\i0\ul0\strike0 a\f0\fs18\cf0\b0\i0\ul0\strike0
la\f0\fs18\cf0\b0\i0\ul0\strike0 cifra\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs
18\cf0\b0\i0\ul0\strike0 su\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\
b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0
\strike0 n\u250?mero\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li142\sl345\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 emitid
as.\par\pard\plain\sl-224\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike
0 :\f0\fs18\cf0\b0\i0\ul0\strike0 Relaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 los\f0\fs18\cf0\b0\i0\ul0\strike0 principales
\f0\fs18\cf0\b0\i0\ul0\strike0 accionistas,\f0\fs18\cf0\b0\i0\ul0\strike0 dire
ctores\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 administr
adores\f0\fs18\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li142\sl-345\f0\fs18\cf0
\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\st
rike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 M\u243?viles.\par\pard\plain\sl-219\par
\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 :\f0\fs18\cf0\b0\i0\ul0\str
ike0 Determinaci\u243?n\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0
\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 relaci\u243?n\f0\fs18\cf0\b0\i0\ul0\
strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 canje.\sect\sectd\sbkpage\pgwsxn11905
\pghsxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-200\par\pard\plain\sl-2
00\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-304\par\pard\plain\li2198\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 ANEXO\f0\fs18\cf
0\b0\i0\ul0\strike0 N\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 1:\f0\fs18\cf0\b0\i0
\ul0\strike0 MODIFICACIONES\f0\fs18\cf0\b0\i0\ul0\strike0 AL\f0\fs18\cf0\b0\i0
\ul0\strike0 PRIMER\f0\fs18\cf0\b0\i0\ul0\strike0 PARRAFO\f0\fs18\cf0\b0\i0\ul
0\strike0 DEL\f0\fs18\cf0\b0\i0\ul0\strike0 ART\u205?CULO\f0\fs18\cf0\b0\i0\ul
0\strike0 5\f0\fs18\cf0\b0\i0\ul0\strike0 DEL\par\pard\plain\li3476\sl-345\f0\
fs18\cf0\b0\i0\ul0\strike0 ESTATUTO\f0\fs18\cf0\b0\i0\ul0\strike0 SOCIAL\f0\fs1
8\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\ul0\strike0 LA\f0\fs18\cf0\b0\i0\
ul0\strike0 SOCIEDAD\f0\fs18\cf0\b0\i0\ul0\strike0 ABSORBENTE\par\pard\plain\s
l-200\par\pard\plain\sl-245\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\s
trike0 Art\u237?culo\f0\fs18\cf0\b0\i0\ul0\strike0 5.-\f0\fs18\cf0\b0\i0\ul0\st
rike0 El\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0
de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0\i0\ul0\strike0 Sociedad\f0\
fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\
i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 2\f0\fs18\cf0\b0\i0\ul0\strik
e0 878\f0\fs18\cf0\b0\i0\ul0\strike0 723\f0\fs18\cf0\b0\i0\ul0\strike0 763.18
\f0\fs18\cf0\b0\i0\ul0\strike0 (Dos\f0\fs18\cf0\b0\i0\ul0\strike0 mil\f0\fs18\
cf0\b0\i0\ul0\strike0 ochocientos\par\pard\plain\li2008\sl-350\f0\fs18\cf0\b0\i
0\ul0\strike0 setenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\str
ike0 ocho\f0\fs18\cf0\b0\i0\ul0\strike0 millones\f0\fs18\cf0\b0\i0\ul0\strike0
setecientos\f0\fs18\cf0\b0\i0\ul0\strike0 veintitr\u233?s\f0\fs18\cf0\b0\i0\u
l0\strike0 mil\f0\fs18\cf0\b0\i0\ul0\strike0 setecientos\f0\fs18\cf0\b0\i0\ul0
\strike0 sesenta\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0
tres\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 18/100\pa
r\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 Nuevos\f0\fs18\cf0\b0\i
0\ul0\strike0 Soles)\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\str
ike0 estar\u225?\f0\fs18\cf0\b0\i0\ul0\strike0 representado\f0\fs18\cf0\b0\i0\
ul0\strike0 por\f0\fs18\cf0\b0\i0\ul0\strike0 3\f0\fs18\cf0\b0\i0\ul0\strike0

347\f0\fs18\cf0\b0\i0\ul0\strike0 353\f0\fs18\cf0\b0\i0\ul0\strike0 213\f0\fs


18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0
\b0\i0\ul0\strike0 un\f0\fs18\cf0\b0\i0\ul0\strike0 valor\f0\fs18\cf0\b0\i0\ul
0\strike0 nominal\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 de
\f0\fs18\cf0\b0\i0\ul0\strike0 S/.\f0\fs18\cf0\b0\i0\ul0\strike0 0.86\f0\fs18\
cf0\b0\i0\ul0\strike0 cada\f0\fs18\cf0\b0\i0\ul0\strike0 una,\f0\fs18\cf0\b0\i
0\ul0\strike0 \u237?ntegramente\f0\fs18\cf0\b0\i0\ul0\strike0 suscritas\f0\fs1
8\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\ul0\strike0 totalmente\f0\fs18\cf0
\b0\i0\ul0\strike0 pagadas,\f0\fs18\cf0\b0\i0\ul0\strike0 y\f0\fs18\cf0\b0\i0\
ul0\strike0 divididas\f0\fs18\cf0\b0\i0\ul0\strike0 en\f0\fs18\cf0\b0\i0\ul0\s
trike0 dos\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 clases\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 la\f0\fs18\cf0\b0
\i0\ul0\strike0 siguiente\f0\fs18\cf0\b0\i0\ul0\strike0 forma:\par\sect\sected
\sbknone\cols2\colno1\colw2830\colsr10\colno2\colw9060\pard\plain\sl-200\par\par
d\plain\sl-250\par\pard\plain\li2368\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 (i)\pa
r\pard\plain\li2368\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 (ii)\par\pard\plain\sl259\par\pard\plain\li2008\sl-241\f4\fs20\cf0\b0\i0\ul0\strike0 (\f4\fs20\cf0\b0\
i0\ul0\strike0 \u8230?\f4\fs20\cf0\b0\i0\ul0\strike0 )\u8221?\par\pard\column\pl
ain\sl-200\par\pard\plain\sl-250\par\pard\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0
\strike0 3\f0\fs18\cf0\b0\i0\ul0\strike0 347\f0\fs18\cf0\b0\i0\ul0\strike0 157
\f0\fs18\cf0\b0\i0\ul0\strike0 965\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\f
s18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b
0\i0\ul0\strike0 \u8220?B\u8221?\par\pard\plain\li228\sl-345\f0\fs18\cf0\b0\i0\
ul0\strike0 195,248\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul
0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike0
\u8220?C\u8221?\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sected\cols1\colno1
\colw11900\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\par
d\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plai
n\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 ANEXO\f0\fs18\cf0\b0\i0\ul0\strike
0 N\u176?\f0\fs18\cf0\b0\i0\ul0\strike0 2:\f0\fs18\cf0\b0\i0\ul0\strike0 RELA
CI\u211?N\f0\fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\ul0\strike0 LOS\f
0\fs18\cf0\b0\i0\ul0\strike0 PRINCIPALES\f0\fs18\cf0\b0\i0\ul0\strike0 ACCIONI
STAS,\f0\fs18\cf0\b0\i0\ul0\strike0 DIRECTORES\f0\fs18\cf0\b0\i0\ul0\strike0 Y
\par\pard\plain\li2008\sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 ADMINISTRADORES\f0\f
s18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\ul0\strike0 TDP\f0\fs18\cf0\b0\
i0\ul0\strike0 Y\f0\fs18\cf0\b0\i0\ul0\strike0 DE\f0\fs18\cf0\b0\i0\ul0\strike
0 M\u211?VILES\par\pard\plain\sl-378\par\pard\plain\li2008\sl-300\f0\fs24\cf0\b
0\i0\ul\strike0 TDP\par\pard\plain\li2008\sl-417\f0\fs24\cf0\b0\i0\ul\strike0 Pr
incipales accionistas\par\pard\plain\li2008\sl-363\f0\fs18\cf0\b0\i0\ul0\strike0
Telef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 Latinoam\u233?rica\f0\fs18\cf0\b
0\i0\ul0\strike0 Holding\f0\fs18\cf0\b0\i0\ul0\strike0 S.L.,\f0\fs18\cf0\b0\i0
\ul0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\st
rike0 1,679,667,042\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\u
l0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0\ul0\strike
0 B,\par\pard\plain\li2008\sl-268\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0
\b0\i0\ul0\strike0 representan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0
\i0\ul0\strike0 50.180%\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul
0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social\f0\fs18\cf0\b0\i0\ul0\s
trike0 y,\f0\fs18\cf0\b0\i0\ul0\strike0 Latin\f0\fs18\cf0\b0\i0\ul0\strike0 A
merica\f0\fs18\cf0\b0\i0\ul0\strike0 Cellular\f0\fs18\cf0\b0\i0\ul0\strike0 Ho
ldings\f0\fs18\cf0\b0\i0\ul0\strike0 B.V.,\par\pard\plain\li2008\sl-263\f0\fs18
\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\u
l0\strike0 titular\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\stri
ke0 1\f0\fs18\cf0\b0\i0\ul0\strike0 616\f0\fs18\cf0\b0\i0\ul0\strike0 989\f0\
fs18\cf0\b0\i0\ul0\strike0 235\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\
cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 Clase\f0\fs18\cf0\b0\i0
\ul0\strike0 \u8220?B\u8221?,\f0\fs18\cf0\b0\i0\ul0\strike0 que\f0\fs18\cf0\b0
\i0\ul0\strike0 representan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\cf0\b0\i0
\ul0\strike0 48.308%\par\pard\plain\li2008\sl-268\f0\fs18\cf0\b0\i0\ul0\strike0

del\f0\fs18\cf0\b0\i0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 socia


l.\par\pard\plain\sl-200\par\pard\plain\sl-230\par\pard\plain\li2008\sl-300\f0\f
s24\cf0\b0\i0\ul0\strike0 Directorio\par\pard\plain\li2008\sl-377\f0\fs18\cf0\b0
\i0\ul0\strike0 Javier\f0\fs18\cf0\b0\i0\ul0\strike0 Manzanares\f0\fs18\cf0\b0\
i0\ul0\strike0 Guti\u233?rrez\par\pard\plain\sl-219\par\pard\plain\li2008\sl-24
5\f0\fs18\cf0\b0\i0\ul0\strike0 Eduardo\f0\fs18\cf0\b0\i0\ul0\strike0 Caride\pa
r\pard\plain\sl-214\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 G
onzalo\f0\fs18\cf0\b0\i0\ul0\strike0 Hinojosa\f0\fs18\cf0\b0\i0\ul0\strike0 Fe
rn\u225?ndez\f0\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 An
gulo\par\pard\plain\sl-219\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\st
rike0 Alfonso\f0\fs18\cf0\b0\i0\ul0\strike0 Ferrari\f0\fs18\cf0\b0\i0\ul0\strik
e0 Herrero\par\pard\plain\sl-219\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0
\ul0\strike0 Luis\f0\fs18\cf0\b0\i0\ul0\strike0 Javier\f0\fs18\cf0\b0\i0\ul0\st
rike0 Bastida\f0\fs18\cf0\b0\i0\ul0\strike0 Ibarg\u252?en\par\pard\plain\sl-20
0\par\pard\plain\sl-365\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strik
e0 Principal\f0\fs18\cf0\b0\i0\ul0\strike0 administrador\par\pard\plain\li2008\
sl-345\f0\fs18\cf0\b0\i0\ul0\strike0 C\u233?sar\f0\fs18\cf0\b0\i0\ul0\strike0 A
ugusto\f0\fs18\cf0\b0\i0\ul0\strike0 Linares\f0\fs18\cf0\b0\i0\ul0\strike0 Ros
as\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-206\par\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\
ul0\strike0 M\u243?viles\par\pard\plain\sl-377\par\pard\plain\li2008\sl-245\f0\f
s18\cf0\b0\i0\ul0\strike0 Principal\f0\fs18\cf0\b0\i0\ul0\strike0 accionista\pa
r\pard\plain\sl-382\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 T
elef\u243?nica\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i0\ul0\strike0
Per\u250?\f0\fs18\cf0\b0\i0\ul0\strike0 S.A.A.,\f0\fs18\cf0\b0\i0\ul0\strike0
que\f0\fs18\cf0\b0\i0\ul0\strike0 es\f0\fs18\cf0\b0\i0\ul0\strike0 titular\f0
\fs18\cf0\b0\i0\ul0\strike0 de\f0\fs18\cf0\b0\i0\ul0\strike0 17\f0\fs18\cf0\b0
\i0\ul0\strike0 286\f0\fs18\cf0\b0\i0\ul0\strike0 018\f0\fs18\cf0\b0\i0\ul0\st
rike0 798\f0\fs18\cf0\b0\i0\ul0\strike0 acciones\f0\fs18\cf0\b0\i0\ul0\strike0
comunes,\f0\fs18\cf0\b0\i0\ul0\strike0 que\par\pard\plain\li2008\sl-345\f0\fs
18\cf0\b0\i0\ul0\strike0 representan\f0\fs18\cf0\b0\i0\ul0\strike0 el\f0\fs18\c
f0\b0\i0\ul0\strike0 99.99%\f0\fs18\cf0\b0\i0\ul0\strike0 del\f0\fs18\cf0\b0\i
0\ul0\strike0 capital\f0\fs18\cf0\b0\i0\ul0\strike0 social.\par\sect\sected\sb
knone\cols2\colno1\colw6230\colsr10\colno2\colw5660\pard\plain\sl-200\par\pard\p
lain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-206\pa
r\pard\plain\li2008\sl-246\f0\fs18\cf0\b0\i0\ul0\strike0 Directores\par\pard\pla
in\sl-382\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Javier\f0\f
s18\cf0\b0\i0\ul0\strike0 Manzanares\f0\fs18\cf0\b0\i0\ul0\strike0 Guti\u233?r
rez\par\pard\plain\sl-382\par\pard\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\str
ike0 Eduardo\f0\fs18\cf0\b0\i0\ul0\strike0 Caride\par\pard\plain\sl-377\par\par
d\plain\li2008\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 C\u233?sar\f0\fs18\cf0\b0\i0
\ul0\strike0 Linares\f0\fs18\cf0\b0\i0\ul0\strike0 Rosas\par\pard\column\plain
\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pa
rd\plain\sl-206\par\pard\plain\li1415\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Princ
ipal\f0\fs18\cf0\b0\i0\ul0\strike0 administrador\par\pard\plain\sl-382\par\pard
\plain\li0\sl-245\f0\fs18\cf0\b0\i0\ul0\strike0 Alex\f0\fs18\cf0\b0\i0\ul0\strik
e0 Miguel\f0\fs18\cf0\b0\i0\ul0\strike0 Nolte\f0\fs18\cf0\b0\i0\ul0\strike0 A
lva
{\shp{\*\shpinst\shpleft1893\shptop5695\shpright1903\shpbottom5705
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz47\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}

{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457


7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop5695\shpright1903\shpbottom5705
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz48\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop5700\shpright6996\shpbottom5700
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz49\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop5695\shpright7005\shpbottom5705
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz50\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}

{\sp{\sn geoBottom}{\sv 10}}


{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop5695\shpright7005\shpbottom5705
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz51\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1898\shptop5705\shpright1898\shpbottom6161
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz52\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft7001\shptop5705\shpright7001\shpbottom6161
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz53\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop6161\shpright1903\shpbottom6170
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz56\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop6166\shpright6996\shpbottom6166
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz57\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop6161\shpright7005\shpbottom6170
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz58\shplid17630
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1898\shptop6170\shpright1898\shpbottom6622
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz59\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft7001\shptop6170\shpright7001\shpbottom6622
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz60\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop6622\shpright1903\shpbottom6631
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz63\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 10}}


{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop6626\shpright6996\shpbottom6626
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz64\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop6622\shpright7005\shpbottom6631
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz65\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1898\shptop6631\shpright1898\shpbottom7087

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz66\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft7001\shptop6631\shpright7001\shpbottom7087
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz67\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop7087\shpright1903\shpbottom7097
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz70\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop7092\shpright6996\shpbottom7092
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz71\shplid31734

{\sp{\sn shapeType}{\sv 20}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop7087\shpright7005\shpbottom7097
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz72\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1898\shptop7097\shpright1898\shpbottom7553
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz73\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft7001\shptop7097\shpright7001\shpbottom7553
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz74\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}

{\sp{\sn fFlipV}{\sv 0}}


{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop7553\shpright1903\shpbottom7562
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz78\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop7558\shpright6996\shpbottom7558
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz79\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop7553\shpright7005\shpbottom7562
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz80\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}

{\sp{\sn geoBottom}{\sv 9}}


{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1898\shptop7562\shpright1898\shpbottom8014
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz81\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop8014\shpright1903\shpbottom8023
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz82\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1893\shptop8014\shpright1903\shpbottom8023
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz83\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1903\shptop8018\shpright6996\shpbottom8018
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz84\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft7001\shptop7562\shpright7001\shpbottom8014
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz85\shplid31734
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop8014\shpright7005\shpbottom8023
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz86\shplid17630
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6996\shptop8014\shpright7005\shpbottom8023
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz87\shplid17630
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}\sect\sectd\sbkpage\pgwsxn11905\pghsxn16837\sect\sectd\sbkpage\pgwsxn11905\pgh
sxn16837\sected\cols1\colno1\colw11900\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\par
d\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-248\par\pard\plain\li2008\sl-270\f0\fs20\cf0\b0\i0\ul0\strike
0 ANEXO\f0\fs20\cf0\b0\i0\ul0\strike0 N\u176?\f0\fs20\cf0\b0\i0\ul0\strike0 3:
\f0\fs20\cf0\b0\i0\ul0\strike0 DETERMINACI\u211?N\f0\fs20\cf0\b0\i0\ul0\strike0
DE\f0\fs20\cf0\b0\i0\ul0\strike0 LA\f0\fs20\cf0\b0\i0\ul0\strike0 RELACI\u21
1?N\f0\fs20\cf0\b0\i0\ul0\strike0 DE\f0\fs20\cf0\b0\i0\ul0\strike0 CANJE\par\p
ard\plain\li7426\sl-276\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li4642
\sl-297\f3\fs14\cf0\b\i0\ul0\strike0 DETERMINACI\u211?N
DE
LA
TASA
D
E
INTERCAMBIO
\par\pard\plain\sl-209\par\pard\plain\li2928\sl-193\f3\fs14\
cf0\b0\i0\ul0\strike0 Proceso
de
fusi\u243?n
entre
Telef\u243?nica
del
Per\u250?
S.A.A.
("Telef\u243?nica")
y
Telef\u243?nica
M
\u243?viles
S.A.
("M\u243?viles")
\par\sect\sected\sbknone\cols9\colno1
\colw2410\colsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\

colsr10\colno5\colw1270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\c
olno8\colw370\colsr10\colno9\colw2260\pard\plain\sl-305\par\pard\plain\li1154\sl
-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\pl
ain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\p
lain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\u
l0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305
\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\pl
ain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul
0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf
0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\
f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols5\colno1\colw5670
\colsr10\colno2\colw1770\colsr10\colno3\colw1690\colsr10\colno4\colw970\colsr10\
colno5\colw1760\pard\plain\li1154\sl-302\f3\fs14\cf1\b\i0\ul0\strike0 Premisas
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\
strike0
\par\pard\plain\li0\sl-302\column\f3\fs14\cf1\b\i0\ul0\strike0 Telef
\u243?nica
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf
0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-302\column\f3\fs14\cf1\b\i0\ul0\s
trike0 M\u243?viles
\par\sect\sected\sbknone\cols9\colno1\colw2410\colsr10\co
lno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\colsr10\colno5\colw1
270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\colno8\colw370\colsr1
0\colno9\colw2260\pard\plain\sl-209\par\pard\plain\li1154\sl-193\f3\fs14\cf0\b\i
0\ul0\strike0
\par\pard\plain\li1154\sl-312\f3\fs14\charscalex83\cf0\b0\i0\u
l0\strike0 Valor
Patrimonial
\par\pard\plain\sl-324\par\pard\plain\li1154\
sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\p
lain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\plain\s
l-200\par\pard\plain\sl-200\par\pard\plain\sl-236\par\pard\plain\li0\sl-193\f3\f
s14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\par
d\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\plai
n\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-236\par\pard\plain\li0\sl-193\f
3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\
pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\s
trike0
\par\pard\plain\sl-214\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\u
l0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-228\par\pa
rd\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\str
ike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0
\i0\ul0\strike0
\par\pard\plain\sl-214\par\pard\plain\li0\sl-193\f3\fs14\cf0
\b0\i0\ul0\strike0
\par\pard\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\
cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-19
3\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-214\par\pard
\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain
\sl-228\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\s
trike0
\par\pard\plain\li0\sl-312\f3\fs14\charscalex37\cf0\b0\i0\ul0\strike0
14,833.00
\par\p
ard\plain\sl-324\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\pa
r\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strik
e0
\par\pard\plain\sl-214\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\st
rike0
\par\pard\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0
\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0
\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-312\f3\fs14\charscalex37\cf0\b0\i0
\ul0\strike0
9,712.00
\pa
r\pard\plain\sl-324\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols6\colno1\colw5050\colsr10\colno2\colw1270\colsr10\c
olno3\colw330\colsr10\colno4\colw2570\colsr10\colno5\colw370\colsr10\colno6\colw
2260\pard\plain\li1154\sl-316\f3\fs14\cf0\b0\i0\ul0\strike0 M\u250?ltiplo
de
valor
de
\f3\fs14\cf0\b\i0\ul0\strike0 M\u243?viles
\f3\fs14\cf0\b0\

i0\ul0\strike0 versus
\f3\fs14\cf0\b\i0\ul0\strike0 Telef\u243?nica\f3\fs14\c
f0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-219\par\pard\plain\li0\sl-193
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-219\par\pard\plain\
li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\column\plain
\sl-219\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\co
lumn\plain\sl-219\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\p
ar\pard\plain\li0\sl-216\column\f3\fs14\charscalex36\cf0\b0\i0\ul0\strike0
\par\pard
\plain\li0\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 0.655
\par\sect\sected\sb
knone\cols9\colno1\colw2410\colsr10\colno2\colw310\colsr10\colno3\colw310\colsr1
0\colno4\colw1990\colsr10\colno5\colw1270\colsr10\colno6\colw330\colsr10\colno7\
colw2570\colsr10\colno8\colw370\colsr10\colno9\colw2260\pard\plain\li1154\sl-283
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li1154\sl-172\f3\fs14\cf0\b0\
i0\ul0\strike0 Capital
social
\par\pard\plain\li0\sl-283\column\f3\fs14\ch
arscalex75\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\c
harscalex73\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\
cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li
0\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\
par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\pla
in\li0\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\colum
n\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-268\f3\f
s14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\
fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex59\c
f0\b0\i0\ul0\strike0
2,878,642,696.14
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0
\ul0\strike0
\par\pard\plain\li0\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
\p
ar\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plai
n\li0\sl-172\f3\fs14\charscalex60\cf0\b0\i0\ul0\strike0
172,867,620.34
\par\sect\sected\sbkno
ne\cols6\colno1\colw5050\colsr10\colno2\colw1270\colsr10\colno3\colw330\colsr10\
colno4\colw2570\colsr10\colno5\colw370\colsr10\colno6\colw2260\pard\plain\li1154
\sl-283\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li1154\sl-172\f3\fs1
4\cf0\b0\i0\ul0\strike0 Valor
nominal
de
cada
acci\u243?n
\par\pa
rd\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0
\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\f
s14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-268\f3\fs14\ch
arscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\c
f0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex28\cf0\b0\
i0\ul0\strike0
0.86
\par\pard\plain\li0\s
l-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-268\f3\fs1
4\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-355\column\f3\fs14\charscalex
32\cf0\b0\i0\ul0\strike0
\f3\fs14\charscalex32\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 0.01
\par\sect\
sected\sbknone\cols9\colno1\colw2410\colsr10\colno2\colw310\colsr10\colno3\colw3
10\colsr10\colno4\colw1990\colsr10\colno5\colw1270\colsr10\colno6\colw330\colsr1
0\colno7\colw2570\colsr10\colno8\colw370\colsr10\colno9\colw2260\pard\plain\li11
54\sl-311\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li1154\sl-201\f3\fs1
4\charscalex80\cf0\b0\i0\ul0\strike0 Acciones
emitidas
\par\pard\plain\li0
\sl-311\column\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\plain\li
0\sl-311\column\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\plain\l
i0\sl-311\column\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike
0
\par\pard\plain\li0\sl-302\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0
\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-311\column\f3\fs14\cf0\b0\i0\ul0\

strike0
\par\pard\plain\li0\sl-302\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pa
rd\plain\li0\sl-311\column\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\p
ard\plain\li0\sl-302\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\pl
ain\li0\sl-311\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-2
01\f3\fs14\charscalex59\cf0\b0\i0\ul0\strike0
3,347,258,949.00
\par\pard\plain\li0\sl-311
\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-302\f3\fs14\cf0
\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-311\column\f3\fs14\cf0\b0\i0\ul0\s
trike0
\par\pard\plain\li0\sl-201\f3\fs14\charscalex80\cf0\b0\i0\ul0\strike0
17,286,762,034.00
\par\sect\sected\sbkno
ne\cols7\colno1\colw5050\colsr10\colno2\colw1270\colsr10\colno3\colw330\colsr10\
colno4\colw1090\colsr10\colno5\colw1470\colsr10\colno6\colw370\colsr10\colno7\co
lw2260\pard\plain\li1154\sl-278\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b
0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs
14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\pl
ain\li1154\sl-172\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 Acciones
emitida
s
por
\f3\fs14\charscalex89\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\char
scalex89\cf0\b0\i0\ul0\strike0
a
favor
de
\f3\fs14\charscalex89\cf0
\b\i0\ul0\strike0 Telef\u243?nica\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0
\par\pard\plain\li1154\sl-379\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0
\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs1
4\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\pla
in\li1154\sl-172\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 Acciones
emitidas
por
\f3\fs14\charscalex89\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\chars
calex89\cf0\b0\i0\ul0\strike0
a
favor
de
terceros
\par\pard\plai
n\li0\sl-278\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-273
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-278\f3\fs14\cf0\b0\i0\
ul0\strike0
\par\pard\plain\li0\sl-273\f3\fs14\cf0\b0\i0\ul0\strike0
\pa
r\pard\plain\li0\sl-278\column\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\p
ar\pard\plain\li0\sl-273\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\par
d\plain\li0\sl-278\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plai
n\li0\sl-273\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\
sl-278\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-358\par\pard\
plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-257
\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
n/a
\par\par
d\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
n/a
\par\pard\plain\li0\sl-278\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\p
ard\plain\li0\sl-273\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-27
8\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-273\f3\fs14\cf0\b0\i0
\ul0\strike0
\par\pard\plain\li0\sl-278\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex80\cf0\b0\i0\ul0\strike0
17,286,018,798.00
\par\pard\plain\li0\sl-379\f
3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex43
\cf0\b0\i0\ul0\strike0
743,236.00
\par\sect\secte
d\sbknone\cols9\colno1\colw2410\colsr10\colno2\colw310\colsr10\colno3\colw310\co
lsr10\colno4\colw1990\colsr10\colno5\colw1270\colsr10\colno6\colw330\colsr10\col
no7\colw2570\colsr10\colno8\colw370\colsr10\colno9\colw2260\pard\plain\sl-228\pa
r\pard\plain\li1154\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\pl
ain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\charscalex73
\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-1
93\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pa
rd\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\c
f0\b\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\
f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li
0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\par
d\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\co
ls5\colno1\colw5670\colsr10\colno2\colw890\colsr10\colno3\colw2570\colsr10\colno

4\colw350\colsr10\colno5\colw2380\pard\plain\li1154\sl-302\f3\fs14\cf1\b\i0\ul0\
strike0 Determinaci\u243?n
de
la
contribuci\u243?n
de
valor
\p
ar\pard\column\plain\sl-204\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strik
e0
\par\pard\column\plain\sl-204\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\
ul0\strike0
\par\pard\column\plain\sl-204\par\pard\plain\li0\sl-193\f3\fs14\
cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-204\par\pard\plain\li0\sl-19
3\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols9\colno1\colw24
10\colsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\colsr10
\colno5\colw1270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\colno8\c
olw370\colsr10\colno9\colw2260\pard\plain\sl-209\par\pard\plain\li1154\sl-193\f3
\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0
\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl
-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\p
ar\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\stri
ke0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pa
rd\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-2
09\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b\i0\ul0\strike0
\par\
pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul
0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf
0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols10\colno1\colw5050\colsr10\
colno2\colw510\colsr10\colno3\colw670\colsr10\colno4\colw310\colsr10\colno5\colw
90\colsr10\colno6\colw250\colsr10\colno7\colw2210\colsr10\colno8\colw90\colsr10\
colno9\colw250\colsr10\colno10\colw2380\pard\plain\li1154\sl-302\f3\fs14\cf0\b0\
i0\ul0\strike0 N\u250?mero
de
acciones
como
m\u250?ltiplo
de
v
alor
\par\pard\plain\li1154\sl-307\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0
N\u250?mero
de
acciones
correspondiente
a
la
participaci\u243
?n
\par\pard\plain\li1154\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 de
\f3\fs14
\cf0\b\i0\ul0\strike0 Telef\u243?nica\f3\fs14\cf0\b0\i0\ul0\strike0
en
\f
3\fs14\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\cf0\b0\i0\ul0\strike0
\par\
pard\plain\li1154\sl-215\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 Distribuci\u
243?n
de
las
acciones
en
base
al
m\u250?ltiplo
de
\pa
r\pard\plain\li1154\sl-191\f3\fs14\cf0\b0\i0\ul0\strike0 valor
\par\pard\colu
mn\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\
pard\column\plain\sl-200\par\pard\plain\sl-312\par\pard\plain\li0\sl-193\f3\fs14
\cf0\b\i0\ul0\strike0 (b)
\par\pard\plain\sl-219\par\pard\plain\li9\sl-193\f3
\fs14\cf0\b\i0\ul0\strike0 (c)
\par\pard\plain\li0\sl-302\column\f3\fs14\char
scalex41\cf0\b\i0\ul0\strike0 (a)
\par\pard\column\plain\sl-200\par\pard\plai
n\sl-200\par\pard\plain\sl-212\par\pard\plain\li0\sl-193\f3\fs14\charscalex-59\c
f0\b\i0\ul0\strike0
\par\pard\column\plain\sl-209\par\pard\plain\li0\sl-193\
f3\fs14\charscalex34\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-324\par\pard\plain\li
0\sl-193\f3\fs14\charscalex50\cf0\b0\i0\ul0\strike0
3,347,258,949.00
\par\pard\column\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-212\par\pard\plain\li0\sl-193\
f3\fs14\charscalex-59\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-214\par\pard\
plain\li0\sl-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0\strike0
\par\pard\colum
n\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex43\cf0\b0\i0\ul0\stri
ke0
\par\pard\plain\li105\sl-302\column\f3\fs14\charscalex70\cf0\b0\i0\ul0\s
trike0
2,192,454,612.00
\par\
pard\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\s
trike0
2,192,360,348.00
\par\
pard\plain\sl-219\par\pard\plain\li0\sl-193\f3\fs14\charscalex42\cf0\b0\i0\ul0\s
trike0
94,264.00
\par\sect\sected\sbk
none\cols10\colno1\colw2730\colsr10\colno2\colw310\colsr10\colno3\colw1990\colsr
10\colno4\colw1170\colsr10\colno5\colw430\colsr10\colno6\colw1630\colsr10\colno7
\colw930\colsr10\colno8\colw370\colsr10\colno9\colw1010\colsr10\colno10\colw1240
\pard\plain\li1154\sl-283\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\u
l0\strike0
\par\pard\plain\li1154\sl-172\f3\fs14\charscalex83

\cf0\b0\i0\ul0\strike0 Contribuci\u243?n
de
valor
\par\pard\plain\sl-32
4\par\pard\plain\li1154\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain
\li2435\sl-0\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\
sl-283\column\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl200\par\pard\plain\sl-297\par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\
i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strik
e0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li143\sl-268\f3\fs14\
cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs
14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain
\li0\sl-283\column\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\plain\li0\sl-268\f
3\fs14\cf0\b\i0\ul0\strike0
\par\pard\plain\sl-228\par\pard\plain\li0\sl-193
\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\plain\li92\sl-283\column\f3\fs14\cha
rscalex88\cf0\b\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex
73\cf0\b\i0\ul0\strike0 (d)
\par\pard\plain\sl-324\par\pard\plain\li92\sl-193
\f3\fs14\charscalex88\cf0\b\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-200\par\pard\plain\sl-297\
par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\pla
in\sl-262\par\pard\plain\li0\sl-193\f3\fs14\charscalex79\cf0\b0\i0\ul0\strike0 9
9.997184%
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl
-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain
\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-200\par\
pard\plain\sl-297\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\p
ar\pard\column\plain\sl-262\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\stri
ke0 0.002816%
\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain\li11
54\sl-307\f3\fs14\cf1\b\i0\ul0\strike0 Determinaci\u243?n
de
incremento
de
capital
en
Tel\u233?fonica
\par\sect\sected\sbknone\cols9\colno1
\colw2410\colsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\
colsr10\colno5\colw1270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\c
olno8\colw370\colsr10\colno9\colw2260\pard\plain\sl-305\par\pard\plain\li1154\sl
-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\pl
ain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\p
lain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\u
l0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-305
\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\pla
in\sl-305\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\
strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3\fs14\cf0\
b0\i0\ul0\strike0
\par\pard\column\plain\sl-305\par\pard\plain\li0\sl-193\f3
\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols9\colno1\colw5050\c
olsr10\colno2\colw510\colsr10\colno3\colw670\colsr10\colno4\colw310\colsr10\coln
o5\colw2570\colsr10\colno6\colw90\colsr10\colno7\colw250\colsr10\colno8\colw110\
colsr10\colno9\colw2260\pard\plain\li1154\sl-302\f3\fs14\charscalex89\cf0\b0\i0\
ul0\strike0 Acciones
emitidas
a
la
fecha
del
acuerdo
de
fusi\u243?n
\par\pard\plain\li1154\sl-307\f3\fs14\charscalex89\cf0\b0\i0\ul0\
strike0 N\u250?mero
de
acciones
correspondiente
al
nuevo
capit
al
\par\pard\plain\li1154\sl-191\f3\fs14\cf0\b0\i0\ul0\strike0 social
\par
\pard\plain\li1154\sl-316\f3\fs14\cf0\b0\i0\ul0\strike0 Acciones
a
emitirs
e
por
efecto
de
la
fusi\u243?n
\par\pard\column\plain\sl-209\p
ar\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-217\par\pard\plain\li0\sl-193\f3\fs14\c
f0\b\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl-312\par\
pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0 (e)
\par\pard\column\plain
\sl-209\par\pard\plain\li75\sl-193\f3\fs14\charscalex22\cf0\b\i0\ul0\strike0
\par\pard\plain\sl-200\par\pard\plain\sl-321\par\pard\plain\li0\sl-193\f3\fs14\
charscalex39\cf0\b\i0\ul0\strike0 (f)
\par\pard\plain\li105\sl-302\column\f3\
fs14\charscalex56\cf0\b0\i0\ul0\strike0
3,347,258,949.00
\par\pard\plain\sl-209\par\pard\
plain\li0\sl-193\f3\fs14\charscalex59\cf0\b0\i0\ul0\strike0

3,347,353,213.00
\par\pard\pl
ain\sl-219\par\pard\plain\li105\sl-193\f3\fs14\charscalex35\cf0\b0\i0\ul0\strike
0
94,264.00
\par\
pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\pl
ain\li0\sl-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0\strike0
\par\pard\column\
plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex43\cf0\b0\i0\ul0\strike
0
\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-217\par\par
d\plain\li0\sl-193\f3\fs14\charscalex43\cf0\b0\i0\ul0\strike0
\par\pard\colu
mn\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-208\par\pard\plain\li0\s
l-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl209\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-217\par\pard\plain\li0\sl-193\f3\
fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols9\colno1\colw2410\co
lsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\colsr10\coln
o5\colw1270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\colno8\colw37
0\colsr10\colno9\colw2260\pard\plain\li1154\sl-283\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike
0
\par\pard\plain\li0\sl-283\column\f3\fs14\charscalex73\cf0\b0\i0\ul0\strik
e0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\f
s14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b\i
0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\charscalex88\cf0\b\i
0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike
0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\p
ard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
{\shp{\*\shpinst\shpleft6319\shptop4085\shpright6991\shpbottom4085
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz19\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft8897\shptop4085\shpright9405\shpbottom4085
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz20\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 0}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1082\shptop4606\shpright4841\shpbottom5009

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz31\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 3759}}
{\sp{\sn geoBottom}{\sv 403}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(3758,0);(3758,403);(0,403);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1154\shptop4706\shpright4773\shpbottom4903
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz32\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 3619}}
{\sp{\sn geoBottom}{\sv 197}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(3619,0);(3619,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6521\shptop4606\shpright9093\shpbottom5009
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz36\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 2572}}
{\sp{\sn geoBottom}{\sv 403}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(2573,0);(2573,403);(0,403);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457

7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6588\shptop4706\shpright9026\shpbottom4903
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz37\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 2438}}
{\sp{\sn geoBottom}{\sv 197}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(2438,0);(2438,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9468\shptop4606\shpright11364\shpbottom5009
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz41\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 1896}}
{\sp{\sn geoBottom}{\sv 403}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(1896,0);(1896,403);(0,403);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9540\shptop4706\shpright11292\shpbottom4903

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz42\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 1752}}
{\sp{\sn geoBottom}{\sv 197}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(1752,0);(1752,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop5407\shpright6626\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz68\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop5407\shpright6626\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz69\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457

7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop5407\shpright6636\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz70\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop5412\shpright9189\shpbottom5412
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz71\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop5407\shpright9199\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz72\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}

{\sp{\sn posrelh}{\sv 1}}


{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop5407\shpright9209\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz73\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5407\shpright9578\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz74\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5407\shpright9578\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz75\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop5407\shpright9588\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz76\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop5412\shpright11455\shpbottom5412
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz77\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}

{\sp{\sn fLayoutInCell}{\sv 1}}


{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5407\shpright11474\shpbottom5417
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz78\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop5417\shpright6621\shpbottom5820
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz79\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop5417\shpright9199\shpbottom5820
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz80\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}

{\sp{\sn lineWidth}{\sv 12700}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop5417\shpright9573\shpbottom5820
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz81\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop5417\shpright11465\shpbottom5820
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz82\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop5820\shpright6626\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz93\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop5820\shpright6645\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz94\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop5830\shpright9189\shpbottom5830
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz95\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop5820\shpright9209\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz96\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}

{\sp{\sn fFillOK}{\sv 1}}


{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop5820\shpright9209\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz97\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5820\shpright9578\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz98\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop5820\shpright9597\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz99\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop5830\shpright11455\shpbottom5830
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz100\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5820\shpright11474\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz101\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}

{\sp{\sn fLayoutInCell}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5820\shpright11474\shpbottom5839
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz102\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6242\shpright9578\shpbottom6252
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz119\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6242\shpright9578\shpbottom6252
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz120\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}

{\sp{\sn posrelv}{\sv 1}}


{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop6242\shpright9588\shpbottom6252
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz121\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop6247\shpright11455\shpbottom6247
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz122\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6242\shpright11474\shpbottom6252
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz123\shplid17645
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop6252\shpright9573\shpbottom6655
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz124\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop6252\shpright11465\shpbottom6655
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz125\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6655\shpright9578\shpbottom6674
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz136\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 9}}


{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop6655\shpright9597\shpbottom6674
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz137\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop6665\shpright11455\shpbottom6665
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz138\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6655\shpright11474\shpbottom6674

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz139\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6655\shpright11474\shpbottom6674
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz140\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop6794\shpright6626\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz154\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457

7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop6794\shpright6626\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz155\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop6794\shpright6636\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz156\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop6799\shpright9189\shpbottom6799

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz157\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop6794\shpright9199\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz158\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop6794\shpright9209\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz159\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6794\shpright9578\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz160\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6794\shpright9578\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz161\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop6794\shpright9588\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz162\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}

{\sp{\sn posrelh}{\sv 1}}


{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop6799\shpright11455\shpbottom6799
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz163\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6794\shpright11474\shpbottom6804
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz164\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop6804\shpright6621\shpbottom7207
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz165\shplid31761

{\sp{\sn shapeType}{\sv 20}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop6804\shpright9199\shpbottom7207
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz166\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop6804\shpright9573\shpbottom7207
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz167\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop6804\shpright11465\shpbottom7207
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz168\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}

{\sp{\sn posrelh}{\sv 1}}


{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7207\shpright6626\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz179\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop7207\shpright6645\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz180\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop7217\shpright9189\shpbottom7217
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz181\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}

{\sp{\sn fFillOK}{\sv 0}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7207\shpright9209\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz182\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7207\shpright9209\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz183\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop7207\shpright9578\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz184\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop7207\shpright9597\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz185\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop7217\shpright11455\shpbottom7217
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz186\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7207\shpright11474\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz187\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7207\shpright11474\shpbottom7226
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz188\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7346\shpright6626\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz201\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}

{\sp{\sn posrelv}{\sv 1}}


{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7346\shpright6626\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz202\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop7346\shpright6636\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz203\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}

{\sp{\sn fLayoutInCell}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop7351\shpright9189\shpbottom7351
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz204\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7346\shpright9199\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz205\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop7346\shpright9209\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz206\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}

{\sp{\sn fillColor}{\sv 47741}}


{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop7346\shpright9578\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz207\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop7346\shpright9578\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz208\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop7346\shpright9588\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz209\shplid17645
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop7351\shpright11455\shpbottom7351
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz210\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7346\shpright11474\shpbottom7356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz211\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}

}}
{\shp{\*\shpinst\shpleft6621\shptop7356\shpright6621\shpbottom7759
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz212\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop7356\shpright9199\shpbottom7759
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz213\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop7356\shpright9573\shpbottom7759
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz214\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop7356\shpright11465\shpbottom7759
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz215\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}

{\sp{\sn fLayoutInCell}{\sv 1}}


{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7759\shpright6626\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz226\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop7759\shpright6645\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz227\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop7769\shpright9189\shpbottom7769
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz228\shplid31761

{\sp{\sn shapeType}{\sv 20}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7759\shpright9209\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz229\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7759\shpright9209\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz230\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft9569\shptop7759\shpright9578\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz231\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop7759\shpright9597\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz232\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop7769\shpright11455\shpbottom7769
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz233\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}

{\sp{\sn lineWidth}{\sv 12700}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7759\shpright11474\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz234\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7759\shpright11474\shpbottom7778
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz235\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7961\shpright6626\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz249\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}

{\sp{\sn fFlipV}{\sv 0}}


{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop7961\shpright6626\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz250\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop7961\shpright6636\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz251\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}

{\sp{\sn lineWidth}{\sv 12700}}


{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop7966\shpright9189\shpbottom7966
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz252\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop7961\shpright9199\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz253\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop7961\shpright9209\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz254\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}

{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457


7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop7961\shpright9578\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz255\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop7961\shpright9578\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz256\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}

{\shp{\*\shpinst\shpleft9578\shptop7961\shpright9588\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz257\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop7966\shpright11455\shpbottom7966
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz258\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop7961\shpright11474\shpbottom7970
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz259\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop7970\shpright6621\shpbottom8369
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz260\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop7970\shpright9199\shpbottom8369
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz261\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop7970\shpright9573\shpbottom8369
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz262\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop7970\shpright11465\shpbottom8369
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz263\shplid31761
{\sp{\sn shapeType}{\sv 20}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop8369\shpright6626\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz274\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop8369\shpright6645\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz275\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}

}}
{\shp{\*\shpinst\shpleft6645\shptop8378\shpright9189\shpbottom8378
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz276\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop8369\shpright9209\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz277\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop8369\shpright9209\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz278\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn fLine}{\sv 0}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop8369\shpright9578\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz279\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop8369\shpright9597\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz280\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop8378\shpright11455\shpbottom8378
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz281\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn shapePath}{\sv 4}}


{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop8369\shpright11474\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz282\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop8369\shpright11474\shpbottom8388
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz283\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop8513\shpright6626\shpbottom8522

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz299\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop8513\shpright6626\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz300\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop8513\shpright6636\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz301\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457

7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop8518\shpright9189\shpbottom8518
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz302\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop8513\shpright9199\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz303\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop8513\shpright9209\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz304\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}

{\sp{\sn posrelh}{\sv 1}}


{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop8513\shpright9578\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz305\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop8513\shpright9578\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz306\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop8513\shpright9588\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz307\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop8518\shpright11455\shpbottom8518
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz308\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop8513\shpright11474\shpbottom8522
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz309\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}

{\sp{\sn fFilled}{\sv 1}}


{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop8522\shpright6621\shpbottom8921
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz310\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop8522\shpright9199\shpbottom8921
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz311\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop8522\shpright9573\shpbottom8921
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz312\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}

{\shp{\*\shpinst\shpleft11465\shptop8522\shpright11465\shpbottom8921
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz313\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop8921\shpright6626\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz324\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop8921\shpright6645\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz325\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop8930\shpright9189\shpbottom8930
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz326\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop8921\shpright9209\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz327\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop8921\shpright9209\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz328\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}

{\sp{\sn fFillOK}{\sv 1}}


{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop8921\shpright9578\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz329\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop8921\shpright9597\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz330\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop8930\shpright11455\shpbottom8930
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz331\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop8921\shpright11474\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz332\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop8921\shpright11474\shpbottom8940
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz333\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}

{\sp{\sn fLayoutInCell}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop9065\shpright6626\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz348\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop9065\shpright6626\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz349\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop9065\shpright6636\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz350\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}

{\sp{\sn posrelv}{\sv 1}}


{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop9070\shpright9189\shpbottom9070
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz351\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop9065\shpright9199\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz352\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop9065\shpright9209\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz353\shplid17645
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop9065\shpright9578\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz354\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop9065\shpright9578\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz355\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}

{\sp{\sn fillColor}{\sv 47741}}


{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop9065\shpright9588\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz356\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop9070\shpright11455\shpbottom9070
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz357\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop9065\shpright11474\shpbottom9074
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz358\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}

{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}


{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop9074\shpright6621\shpbottom9473
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz359\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop9074\shpright9199\shpbottom9473
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz360\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop9074\shpright9573\shpbottom9473
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz361\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}

{\sp{\sn posrelv}{\sv 1}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop9074\shpright11465\shpbottom9473
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz362\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop9473\shpright6626\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz373\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop9473\shpright6645\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz374\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}

{\sp{\sn fFilled}{\sv 1}}


{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop9482\shpright9189\shpbottom9482
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz375\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop9473\shpright9209\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz376\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop9473\shpright9209\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz377\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn shapePath}{\sv 4}}


{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop9473\shpright9578\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz378\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop9473\shpright9597\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz379\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft9597\shptop9482\shpright11455\shpbottom9482
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz380\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop9473\shpright11474\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz381\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop9473\shpright11474\shpbottom9492
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz382\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}

{\sp{\sn lineWidth}{\sv 12700}}


{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1082\shptop9895\shpright4841\shpbottom10298
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz383\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 3759}}
{\sp{\sn geoBottom}{\sv 403}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(3758,0);(3758,403);(0,403);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1154\shptop10001\shpright4773\shpbottom10198
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz384\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 3619}}
{\sp{\sn geoBottom}{\sv 197}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(3619,0);(3619,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop11503\shpright6525\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz438\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}

{\sp{\sn fFlipV}{\sv 0}}


{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop11503\shpright6525\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz439\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6525\shptop11503\shpright6535\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz440\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}

{\sp{\sn lineWidth}{\sv 12700}}


{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6535\shptop11508\shpright9084\shpbottom11508
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz441\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop11503\shpright9093\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz442\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9093\shptop11503\shpright9103\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz443\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}

{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457


7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9463\shptop11503\shpright9473\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz444\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9463\shptop11503\shpright9473\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz445\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}

{\shp{\*\shpinst\shpleft9473\shptop11503\shpright9482\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz446\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9482\shptop11508\shpright11349\shpbottom11508
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz447\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11349\shptop11503\shpright11369\shpbottom11513
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz448\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6521\shptop11513\shpright6521\shpbottom11916
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz449\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9093\shptop11513\shpright9093\shpbottom11916
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz450\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9468\shptop11513\shpright9468\shpbottom11916
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz451\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11359\shptop11513\shpright11359\shpbottom11916
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz452\shplid31761
{\sp{\sn shapeType}{\sv 20}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop11926\shpright6621\shpbottom11926
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz463\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop11916\shpright6641\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz464\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6641\shptop11926\shpright9084\shpbottom11926
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz465\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn shapePath}{\sv 4}}


{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop11916\shpright9103\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz466\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop11916\shpright9103\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz467\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9463\shptop11926\shpright9573\shpbottom11926

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz468\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop11916\shpright9593\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz469\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9593\shptop11926\shpright11349\shpbottom11926
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz470\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11349\shptop11916\shpright11369\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz471\shplid17645

{\sp{\sn shapeType}{\sv 0}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11349\shptop11916\shpright11369\shpbottom11935
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz472\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop12055\shpright6626\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz484\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}

{\sp{\sn fFilled}{\sv 1}}


{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop12055\shpright6626\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz485\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop12055\shpright6636\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz486\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6636\shptop12060\shpright9189\shpbottom12060
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz487\shplid31761

{\sp{\sn shapeType}{\sv 20}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop12055\shpright9199\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz488\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop12055\shpright9209\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz489\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft9569\shptop12055\shpright9578\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz490\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop12055\shpright9578\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz491\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop12055\shpright9588\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz492\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn shapePath}{\sv 4}}


{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop12060\shpright11455\shpbottom12060
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz493\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop12055\shpright11474\shpbottom12065
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz494\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop12065\shpright6621\shpbottom12468
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz495\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}

{\sp{\sn fFlipV}{\sv 0}}


{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop12065\shpright9199\shpbottom12468
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz496\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop12065\shpright9573\shpbottom12468
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz497\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop12065\shpright11465\shpbottom12468
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz498\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop12468\shpright6626\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz509\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop12468\shpright6645\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz510\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop12478\shpright9189\shpbottom12478
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz511\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn lineColor}{\sv 47741}}


{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop12468\shpright9209\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz512\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop12468\shpright9209\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz513\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop12468\shpright9578\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz514\shplid17645
{\sp{\sn shapeType}{\sv 0}}

{\sp{\sn fFlipH}{\sv 0}}


{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop12468\shpright9597\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz515\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop12478\shpright11455\shpbottom12478
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz516\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}

}}
{\shp{\*\shpinst\shpleft11455\shptop12468\shpright11474\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz517\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop12468\shpright11474\shpbottom12487
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz518\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1082\shptop12890\shpright11364\shpbottom13294
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz519\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10282}}
{\sp{\sn geoBottom}{\sv 404}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}

{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10282,0);(10282,403);(0,403);(0,0)}}


{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1154\shptop12996\shpright11292\shpbottom13188
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz520\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10138}}
{\sp{\sn geoBottom}{\sv 192}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10138,0);(10138,192);(0,192);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop14498\shpright6626\shpbottom14508
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz563\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}

}}
{\shp{\*\shpinst\shpleft6617\shptop14498\shpright6626\shpbottom14508
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz564\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop14503\shpright9093\shpbottom14503
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz565\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9093\shptop14498\shpright9103\shpbottom14508
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz566\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 10}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn fLine}{\sv 0}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9103\shptop14503\shpright9189\shpbottom14503
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz567\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop14508\shpright6621\shpbottom14911
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz569\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop14508\shpright9199\shpbottom14911
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz570\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop14911\shpright6626\shpbottom14930
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz581\shplid17645

{\sp{\sn shapeType}{\sv 0}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop14911\shpright6645\shpbottom14930
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz582\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop14921\shpright9189\shpbottom14921
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz583\shplid31761
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft9189\shptop14911\shpright9209\shpbottom14930
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz584\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop14911\shpright9209\shpbottom14930
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz585\shplid17645
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 19}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft3218\shptop7556\shpright3263\shpbottom7749
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz2\shplid24703
{\sp{\sn shapeType}{\sv 202}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}

{\sp{\sn dxTextRight}{\sv 0}}


{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}{\shptxt\pard\plain\li0\sl-193\f3\fs14\charscal
ex22\cf0\b0\i0\ul0\strike0
\par}}}\sect\sectd\sbkpage\pgwsxn11905\pghsxn1683
7\sected\cols6\colno1\colw5050\colsr10\colno2\colw1190\colsr10\colno3\colw410\co
lsr10\colno4\colw2570\colsr10\colno5\colw370\colsr10\colno6\colw2260\pard\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\par
d\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200
\par\pard\plain\sl-200\par\pard\plain\sl-326\par\pard\plain\li1154\sl-193\f3\fs1
4\cf0\b0\i0\ul0\strike0 Incremento
del
capital
social
en
Telef\u2
43?nica
\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-222\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pa
rd\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-20
0\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-326\par\pard\pla
in\li0\sl-193\f3\fs14\charscalex76\cf0\b\i0\ul0\strike0 (g)
\par\pard\column\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\
sl-200\par\pard\plain\sl-200\par\pard\plain\sl-326\par\pard\plain\li0\sl-193\f3\
fs14\charscalex37\cf0\b0\i0\ul0\strike0
81,067.04
\par\pard\column\plain\sl-200\par\pard\plain\sl
-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\
plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\p
ar\pard\plain\sl-200\par\pard\plain\sl-222\par\pard\plain\li0\sl-193\f3\fs14\cf0
\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\p
ard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-2
00\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\pl
ain\sl-200\par\pard\plain\sl-222\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0
\strike0
\par\sect\sected\sbknone\cols9\colno1\colw5050\colsr10\colno2\colw5
10\colsr10\colno3\colw750\colsr10\colno4\colw230\colsr10\colno5\colw2570\colsr10
\colno6\colw90\colsr10\colno7\colw250\colsr10\colno8\colw110\colsr10\colno9\colw
2260\pard\plain\li2435\sl-283\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\
i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\u
l0\strike0
\par\pard\plain\li1154\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0 de
\f3\fs14\cf0\b\i0\ul0\strike0 Telef\u243?nica\f3\fs14\cf0\b0\i0\ul0\strike0
y
\f3\fs14\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li2435\sl-283\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0
\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\
i0\ul0\strike0
\par\pard\plain\li1154\sl-268\f3\fs14\cf0\b0\i0\ul0\strike0
acumulados
de
\f3\fs14\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\cf0\b0\i0
\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b\i0\ul0\strike0
\par\pard\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\strike
0
\par\pard\column\plain\sl-262\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\u
l0\strike0 (h)
\par\pard\plain\sl-358\par\pard\plain\li23\sl-193\f3\fs14\cf0\
b\i0\ul0\strike0 (i)
\par\pard\plain\li0\sl-283\column\f3\fs14\charscalex22\c
f0\b\i0\ul0\strike0
\par\pard\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14
\charscalex22\cf0\b\i0\ul0\strike0
\par\pard\plain\li105\sl-283\column\f3\fs
14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\charscalex34\cf0
\b0\i0\ul0\strike0
0

7,432.36
\par\pard\plain\li105\sl-379\f3\fs14\cf0\b0\i0\ul0\strike
\par\pard\plain\li0\sl-172\f3\fs14\charscalex37\cf0\b0\i0\ul0\strike0

73,634.68
\par\pard\c
olumn\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0

\strike0
\par\pard\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\charscalex
-59\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-283\column\f3\fs14\charscal
ex43\cf0\b0\i0\ul0\strike0
\par\pard\plain\sl-358\par\pard\plain\li0\sl-193\
f3\fs14\charscalex43\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-358\par
\pard\plain\li0\sl-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0\strike0
\par\pard
\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\charscalex-59\cf0\b0\i0\ul0\stri
ke0
\par\pard\plain\li0\sl-283\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par
\pard\plain\sl-358\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\
par\sect\sected\sbknone\cols9\colno1\colw2410\colsr10\colno2\colw310\colsr10\col
no3\colw310\colsr10\colno4\colw1990\colsr10\colno5\colw1270\colsr10\colno6\colw3
30\colsr10\colno7\colw2570\colsr10\colno8\colw370\colsr10\colno9\colw2260\pard\p
lain\sl-228\par\pard\plain\li1154\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\
pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i
0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs1
4\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\
plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike
0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\
ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\
charscalex88\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\pla
in\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\pa
r\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain
\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\se
cted\sbknone\cols1\colno1\colw11900\pard\plain\li1154\sl-302\f3\fs14\cf1\b\i0\ul
0\strike0 Determinaci\u243?n
de
la
tasa
de
intercambio
\par\se
ct\sected\sbknone\cols9\colno1\colw2410\colsr10\colno2\colw310\colsr10\colno3\co
lw310\colsr10\colno4\colw1990\colsr10\colno5\colw1270\colsr10\colno6\colw330\col
sr10\colno7\colw2570\colsr10\colno8\colw370\colsr10\colno9\colw2260\pard\plain\s
l-310\par\pard\plain\li1154\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\c
olumn\plain\sl-310\par\pard\plain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\
strike0
\par\pard\column\plain\sl-310\par\pard\plain\li0\sl-193\f3\fs14\char
scalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-310\par\pard\plain\
li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-310\par\pard\plain\li0\sl-193\f3\fs14\cf0\b\i0\ul0\st
rike0
\par\pard\column\plain\sl-310\par\pard\plain\li0\sl-193\f3\fs14\charsc
alex88\cf0\b\i0\ul0\strike0
\par\pard\column\plain\sl-310\par\pard\plain\li0
\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-310\par\pard
\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-31
0\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\s
bknone\cols1\colno1\colw11900\pard\plain\li5138\sl-196\f3\fs14\cf1\chcbpat2\b\i0
\ul0\strike0 Distribuci\u243?n
\par\sect\sected\sbknone\cols9\colno1\colw2410
\colsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw2170\colsr10\c
olno5\colw1090\colsr10\colno6\colw950\colsr10\colno7\colw2070\colsr10\colno8\col
w610\colsr10\colno9\colw1900\pard\plain\li1154\sl-292\f3\fs14\cf1\b\i0\ul0\strik
e0
\par\pard\plain\li0\sl-292\column\f3\fs14\charscalex75\cf1\b\i0\ul0\strik
e0
\par\pard\plain\li0\sl-292\column\f3\fs14\charscalex73\cf1\b\i0\ul0\strik
e0
\par\pard\plain\li0\sl-292\column\f3\fs14\cf1\b\i0\ul0\strike0
\f3\fs
14\cf0\b\i0\ul0\strike0
\par\pard\plain\li100\sl-196\column\f3\fs14\cf1\b\i
0\ul0\strike0 de
las
\par\pard\plain\li0\sl-196\f3\fs14\cf1\b\i0\ul0\strik
e0 Acciones
\par\pard\plain\li0\sl-292\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\li0\sl-193\f3\fs14\cf1\b\i0\ul0\
strike0 Acciones
Emitidas
\par\pard\plain\li0\sl-292\column\f3\fs14\cf0\b0
\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\li0\sl-193\f3\f
s14\cf1\b\i0\ul0\strike0 Factor
de
Canje
\par\sect\sected\sbknone\cols8
\colno1\colw3050\colsr10\colno2\colw990\colsr10\colno3\colw990\colsr10\colno4\co
lw1270\colsr10\colno5\colw330\colsr10\colno6\colw2610\colsr10\colno7\colw1070\co
lsr10\colno8\colw1520\pard\plain\li1154\sl-244\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike
0
\par\pard\plain\li1154\sl-163\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike
0 Accionistas
de
\f3\fs14\charscalex89\cf0\b\i0\ul0\strike0 Telef\u243?nic
a\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-244\colu

mn\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-244\column\f3\fs14\c
f0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-264\f3\fs14\cf0\b0\i0\ul0\strike
0
\par\pard\plain\li465\sl-244\column\f3\fs14\cf1\b\i0\ul0\strike0
\par\
pard\plain\li0\sl-264\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 3,347,258,949
\par\pard\plain\li0\sl-244\column\f3\fs14\charscalex88\cf1\b\i0\ul0\strike
0
\par\pard\plain\li0\sl-264\f3\fs14\charscalex88\cf1\b\i0\ul0\strike0
\
par\pard\plain\li0\sl-244\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\pla
in\li0\sl-163\f3\fs14\charscalex60\cf0\b0\i0\ul0\strike0
3,347,258,949.00
\par\pard\plain
\li70\sl-244\column\f3\fs14\cf1\b\i0\ul0\strike0
\par\pard\plain\li0\sl-163\
f3\fs14\cf0\b\i0\ul0\strike0 (j)
\par\pard\plain\li129\sl-244\column\f3\fs14\
cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-163\f3\fs14\cf0\b0\i0\ul0\strik
e0
n/a
\par\sect\sected\sbknone\cols7\colno1\colw5050\colsr10\colno2\
colw1270\colsr10\colno3\colw330\colsr10\colno4\colw2570\colsr10\colno5\colw370\c
olsr10\colno6\colw70\colsr10\colno7\colw2180\pard\plain\li1154\sl-278\f3\fs14\cf
0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs
14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\c
f0\b0\i0\ul0\strike0
\par\pard\plain\li1154\sl-172\f3\fs14\cf0\b0\i0\ul0\st
rike0 Accionistas
de
\f3\fs14\cf0\b\i0\ul0\strike0 M\u243?viles\f3\fs14\cf
0\b0\i0\ul0\strike0
distintos
a
\f3\fs14\cf0\b\i0\ul0\strike0 Telef\u2
43?nica\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-358\par\pard
\plain\li0\sl-193\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 94,264
\f3\f
s14\charscalex84\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-278\c
olumn\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-278\
column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li0\sl-172\f3\fs14\char
scalex39\cf0\b0\i0\ul0\strike0
743,2
36.00
\par\pard\plain\li0\sl-278\column\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\plain\li28\sl-172\f3\fs14\charscalex48\cf0\b\i0\ul0\strike0 (k)
\p
ar\pard\plain\li0\sl-278\column\f3\fs14\charscalex-71\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-257\par\pard\plain\li0\sl-193\f3\fs14\charscalex52\cf0
\b0\i0\ul0\strike0
0.1268291633
\par\sect\sected\sbknone\cols9\colno1\colw2410\co
lsr10\colno2\colw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\colsr10\coln
o5\colw1270\colsr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\colno8\colw37
0\colsr10\colno9\colw2260\pard\plain\sl-228\par\pard\plain\li1154\sl-193\f3\fs14
\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-1
93\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\
par\pard\plain\li0\sl-193\f3\fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pa
rd\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\pl
ain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\p
ar\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\ul0\strike0
\par\par
d\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\
strike0
\par\pard\column\plain\sl-228\par\pard\plain\li0\sl-193\f3\fs14\cf0\
b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols1\colno1\colw11900\pard\plain
\li1154\sl-302\f3\fs14\cf3\b\i0\ul0\strike0 Notas
\par\sect\sected\sbknone\co
ls2\colno1\colw2410\colsr10\colno2\colw9480\pard\plain\li1637\sl-297\f3\fs14\cf0
\b0\i0\ul0\strike0 (a)
\par\pard\plain\sl-200\par\pard\plain\sl-249\par\pard\
plain\li1634\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 (b)
\par\pard\plain\sl-200\
par\pard\plain\sl-249\par\pard\plain\li1642\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
(c)
\par\pard\plain\sl-200\par\pard\plain\sl-244\par\pard\plain\li1634\s
l-193\f3\fs14\cf0\b0\i0\ul0\strike0 (d)
\par\pard\plain\sl-209\par\pard\plain
\li1636\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 (e)
\par\pard\plain\sl-209\par\p
ard\plain\li1651\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 (f)
\par\pard\plain\sl200\par\pard\plain\sl-249\par\pard\plain\li1638\sl-193\f3\fs14\cf0\b0\i0\ul0\str
ike0 (g)
\par\pard\plain\sl-200\par\pard\plain\sl-244\par\pard\plain\li1634\s
l-193\f3\fs14\cf0\b0\i0\ul0\strike0 (h)
\par\pard\plain\sl-200\par\pard\plain
\sl-249\par\pard\plain\li1657\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 (i)
\par\p

ard\plain\sl-209\par\pard\plain\li1656\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 (j)
\par\pard\plain\sl-200\par\pard\plain\sl-249\par\pard\plain\li1639\sl-193\f3\
fs14\cf0\b0\i0\ul0\strike0 (k)
\par\pard\plain\li0\sl-297\column\f3\fs14\char
scalex89\cf0\b0\i0\ul0\strike0 Es
el
resultado
de
multiplicar
el
n\u250?mero
de
acciones
representativa
del
capital
social
de
Telef\u243?nica
entre
el
m\u250?ltiplo
de
valor
de
M\u243?viles
\par\pard\plain\li0\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 versus
Telef\u243?nica.
\par\pard\plain\sl-252\par\pard\plain\li0\sl-193\f3\fs14\
charscalex89\cf0\b0\i0\ul0\strike0 Es
\f3\fs14\charscalex89\cf0\b0\i0\ul0\str
ike0 el
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 resultado
\f3\fs14\c
harscalex89\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex89\cf0\b0\i0\ul0\str
ike0 multiplicar
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 el
\f3\fs14
\charscalex89\cf0\b0\i0\ul0\strike0 monto
\f3\fs14\charscalex89\cf0\b0\i0\ul
0\strike0 obtenido
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 en
\f3\fs
14\charscalex89\cf0\b0\i0\ul0\strike0 (a)
\f3\fs14\charscalex89\cf0\b0\i0\ul
0\strike0 por
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 la
\f3\fs14\ch
arscalex89\cf0\b0\i0\ul0\strike0 participaci\u243?n
\f3\fs14\charscalex89\cf
0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 Telef\u2
43?nica
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 en
\f3\fs14\charscale
x89\cf0\b0\i0\ul0\strike0 el
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 ca
pital
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0 social
\f3\fs14\charsca
lex89\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike0
M\u243?viles
\par\pard\plain\li0\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 (2,192,
454,612.00
\u215?
[17,286,018,798.00
\u247?
17,286,762,034.00]).
\par\pard\plain\sl-252\par\pard\plain\li0\sl-193\f3\fs14\charscalex86\cf0\b0\i0\
ul0\strike0 En
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 el
\f3\fs14\ch
arscalex86\cf0\b0\i0\ul0\strike0 caso
\f3\fs14\charscalex86\cf0\b0\i0\ul0\st
rike0 de
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 Telef\u243?nica
\f3
\fs14\charscalex86\cf0\b0\i0\ul0\strike0 corresponde
\f3\fs14\charscalex86\c
f0\b0\i0\ul0\strike0 al
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 100%
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex86\cf0\b0
\i0\ul0\strike0 las
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 acciones
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 representativas
\f3\fs14\charsc
alex86\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0
su
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 capital
\f3\fs14\charscal
ex86\cf0\b0\i0\ul0\strike0 social.
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strik
e0 Trat\u225?ndose
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 de
\f3\fs
14\charscalex86\cf0\b0\i0\ul0\strike0 M\u243?viles
\f3\fs14\charscalex86\cf0
\b0\i0\ul0\strike0 el
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 importe
\par\pard\plain\li0\sl-191\f3\fs14\cf0\b0\i0\ul0\strike0 resultante
de
r
estar
el
monto
obtenido
en
(a)
menos
el
resultante
en
(b)
[2,192,454,612.00
-\u173?\u8208?
2,192,360,348.00].
\par\par
d\plain\sl-252\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 Es
el
importe
resultante
de
relacionar
cada
uno
de
los
impo
rtes
obtenidos
en
(c).
\par\pard\plain\sl-209\par\pard\plain\li0\sl193\f3\fs14\cf0\b0\i0\ul0\strike0 Es
la
suma
de
los
importes
obtenidos
en
(c)
[3,347,258,949.00
+
94,264.00].
\par\pard\
plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex89\cf0\b0\i0\ul0\strike
0 Es
el
resultado
de
restar
el
importe
obtenido
en
(e
)
menos
el
capital
social
actual
de
Telef\u243?nica
(3,3
47,353,213.00
-\u173?\u8208?
3,347,258,949.00).
\par\pard\plain\sl-200\
par\pard\plain\sl-249\par\pard\plain\li0\sl-193\f3\fs14\charscalex88\cf0\b0\i0\u
l0\strike0 Es
el
importe
resultante
de
multiplicar
el
impor
te
obtenidos
en
(f)
por
el
valor
nominal
de
las
ac
ciones
de
Telef\u243?nica
(94,264.00
\u215?
.86).
\par\pard\pl
ain\sl-200\par\pard\plain\sl-244\par\pard\plain\li0\sl-193\f3\fs14\charscalex86\
cf0\b0\i0\ul0\strike0 Corresponde
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0
al
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 100%
\f3\fs14\charscalex
86\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 las
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 acciones
\f3\fs14\charscalex

86\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 M\u
243?viles
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 emitidas
\f3\fs14\c
harscalex86\cf0\b0\i0\ul0\strike0 a
\f3\fs14\charscalex86\cf0\b0\i0\ul0\stri
ke0 favor
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charsc
alex86\cf0\b0\i0\ul0\strike0 terceros
\f3\fs14\charscalex86\cf0\b0\i0\ul0\st
rike0 distintos
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 a
\f3\fs14\c
harscalex86\cf0\b0\i0\ul0\strike0 Telef\u243?nica
\f3\fs14\charscalex86\cf0\
b0\i0\ul0\strike0 multiplicado
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0
por
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 el
\f3\fs14\charscalex86\
cf0\b0\i0\ul0\strike0 valor
\f3\fs14\charscalex86\cf0\b0\i0\ul0\strike0 val
or
\par\pard\plain\li0\sl-196\f3\fs14\cf0\b0\i0\ul0\strike0 nominal
de
las
mismas
(743,236.00
\u215?
.01).
\par\pard\plain\sl-252\par\pa
rd\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0 Es
el
importe
resulta
nte
de
restar
el
monto
obtenido
en
(g)
menos
el
re
sultante
en
(h)
[81,067.04
-\u173?\u8208?
7,432.36].
\par\pard
\plain\sl-209\par\pard\plain\li0\sl-193\f3\fs14\charscalex84\cf0\b0\i0\ul0\strik
e0 Conforme
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 se
\f3\fs14\chars
calex84\cf0\b0\i0\ul0\strike0 establece
\f3\fs14\charscalex84\cf0\b0\i0\ul0\
strike0 en
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 el
\f3\fs14\chars
calex84\cf0\b0\i0\ul0\strike0 Proyecto
\f3\fs14\charscalex84\cf0\b0\i0\ul0\s
trike0 de
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 Fusi\u243?n,
\f3\f
s14\charscalex84\cf0\b0\i0\ul0\strike0 los
\f3\fs14\charscalex84\cf0\b0\i0\u
l0\strike0 accionistas
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 de
\f
3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 Telef\u243?nica
\f3\fs14\charscale
x84\cf0\b0\i0\ul0\strike0 conservar\u225?n
\f3\fs14\charscalex84\cf0\b0\i0\u
l0\strike0 el
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 100%
\f3\fs14\
charscalex84\cf0\b0\i0\ul0\strike0 de
\f3\fs14\charscalex84\cf0\b0\i0\ul0\st
rike0 sus
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 acciones.
\f3\fs14
\charscalex84\cf0\b0\i0\ul0\strike0 Por
\f3\fs14\charscalex84\cf0\b0\i0\ul0\
strike0 lo
\f3\fs14\charscalex84\cf0\b0\i0\ul0\strike0 que,
\f3\fs14\cha
rscalex84\cf0\b0\i0\ul0\strike0 no
\par\pard\plain\li0\sl-196\f3\fs14\cf0\b0
\i0\ul0\strike0 corresponde
determinar
un
factor
de
canje
para
estos.
\par\pard\plain\sl-252\par\pard\plain\li0\sl-193\f3\fs14\charscale
x86\cf0\b0\i0\ul0\strike0 Es
el
resultado
de
dividir
el
n\u250
?mero
de
acciones
a
emitirse
por
efecto
de
la
fusi\u2
43?n
entre
el
100%
de
las
acciones
de
M\u243?viles
em
itidas
a
\par\pard\plain\li0\sl-191\f3\fs14\cf0\b0\i0\ul0\strike0 favor
de
terceros
distintos
a
Telef\u243?nica
(94,264.00
\u247?
743,236.00).
\par\sect\sected\sbknone\cols9\colno1\colw2410\colsr10\colno2\co
lw310\colsr10\colno3\colw310\colsr10\colno4\colw1990\colsr10\colno5\colw1270\col
sr10\colno6\colw330\colsr10\colno7\colw2570\colsr10\colno8\colw370\colsr10\colno
9\colw2260\pard\plain\sl-200\par\pard\plain\sl-254\par\pard\plain\li1154\sl-193\
f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\s
l-254\par\pard\plain\li0\sl-193\f3\fs14\charscalex75\cf0\b0\i0\ul0\strike0
\
par\pard\column\plain\sl-200\par\pard\plain\sl-254\par\pard\plain\li0\sl-193\f3\
fs14\charscalex73\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pa
rd\plain\sl-254\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\f3\
fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl254\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column
\plain\sl-200\par\pard\plain\sl-254\par\pard\plain\li0\sl-193\f3\fs14\charscalex
88\cf0\b0\i0\ul0\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl-254
\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\pard\column\pl
ain\sl-200\par\pard\plain\sl-254\par\pard\plain\li0\sl-193\f3\fs14\cf0\b0\i0\ul0
\strike0
\par\pard\column\plain\sl-200\par\pard\plain\sl-254\par\pard\plain\
li0\sl-193\f3\fs14\cf0\b0\i0\ul0\strike0
\par\sect\sected\sbknone\cols2\coln
o1\colw7410\colsr10\colno2\colw4480\pard\plain\li1082\sl-12\f3\fs0\cf0\b0\i0\ul0
\strike0
\par\pard\plain\li0\sl-201\column\f3\fs14\cf0\b0\i0\ul0\strike0
{\shp{\*\shpinst\shpleft6617\shptop2014\shpright6626\shpbottom2023
\shpfhdr0\shpbxpage\shpbypage

\shpwr3\shpwrk0\shpfblwtxt1\shpz13\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6617\shptop2014\shpright6626\shpbottom2023
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz14\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop2018\shpright9189\shpbottom2018
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz15\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop2014\shpright9209\shpbottom2023
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz16\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop2023\shpright6621\shpbottom2426
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz17\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9199\shptop2023\shpright9199\shpbottom2426
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz18\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}

}}
{\shp{\*\shpinst\shpleft6617\shptop2426\shpright6626\shpbottom2446
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz29\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop2426\shpright6645\shpbottom2446
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz30\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6645\shptop2436\shpright9189\shpbottom2436
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz31\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop2426\shpright9209\shpbottom2446
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz32\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9189\shptop2426\shpright9209\shpbottom2446
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz33\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop2566\shpright6525\shpbottom2575
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz48\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 9}}


{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop2566\shpright6525\shpbottom2575
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz49\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6525\shptop2570\shpright6621\shpbottom2570
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz50\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop2566\shpright6631\shpbottom2575

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz51\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6631\shptop2570\shpright9084\shpbottom2570
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz52\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop2566\shpright9103\shpbottom2575
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz53\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}

{\sp{\sn fArrowheadsOK}{\sv 1}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6521\shptop2575\shpright6521\shpbottom2978
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz54\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9093\shptop2575\shpright9093\shpbottom2978
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz55\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop2988\shpright6621\shpbottom2988
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz66\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop2978\shpright6641\shpbottom2998
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz67\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}

{\sp{\sn fFlipV}{\sv 0}}


{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6641\shptop2988\shpright9084\shpbottom2988
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz68\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop2978\shpright9103\shpbottom2998
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz69\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}

{\shp{\*\shpinst\shpleft9084\shptop2978\shpright9103\shpbottom2998
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz70\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop3118\shpright6525\shpbottom3127
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz82\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop3118\shpright6525\shpbottom3127
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz83\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}

{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457


7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6525\shptop3122\shpright6621\shpbottom3122
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz84\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop3118\shpright6631\shpbottom3127
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz85\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6631\shptop3122\shpright9084\shpbottom3122
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz86\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}

{\sp{\sn fFillOK}{\sv 0}}


{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop3118\shpright9103\shpbottom3127
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz87\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6521\shptop3127\shpright6521\shpbottom3530
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz88\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9093\shptop3127\shpright9093\shpbottom3530
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz89\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn lineColor}{\sv 47741}}


{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6516\shptop3540\shpright6621\shpbottom3540
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz100\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6621\shptop3530\shpright6641\shpbottom3550
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz101\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 20}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6641\shptop3540\shpright9084\shpbottom3540
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz102\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop3530\shpright9103\shpbottom3550
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz103\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9084\shptop3530\shpright9103\shpbottom3550
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz104\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 47741}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1082\shptop3953\shpright11364\shpbottom4356
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz105\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 10282}}


{\sp{\sn geoBottom}{\sv 403}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10282,0);(10282,403);(0,403);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1154\shptop4054\shpright11292\shpbottom4250
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz106\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10138}}
{\sp{\sn geoBottom}{\sv 196}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10138,0);(10138,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft5004\shptop4754\shpright6074\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz124\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 1070}}
{\sp{\sn geoBottom}{\sv 586}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(1070,0);(1070,586);(0,586);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn fLine}{\sv 0}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft5076\shptop4951\shpright6002\shpbottom5148
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz127\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 926}}
{\sp{\sn geoBottom}{\sv 197}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(926,0);(926,197);(0,197);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft5076\shptop5148\shpright6002\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz129\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 926}}
{\sp{\sn geoBottom}{\sv 192}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(926,0);(926,192);(0,192);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6626\shptop4754\shpright9199\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz133\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 2573}}


{\sp{\sn geoBottom}{\sv 586}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(2573,0);(2573,586);(0,586);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft6693\shptop5148\shpright9132\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz134\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 2439}}
{\sp{\sn geoBottom}{\sv 192}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(2438,0);(2438,192);(0,192);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop4754\shpright11469\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz138\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 1896}}
{\sp{\sn geoBottom}{\sv 586}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(1896,0);(1896,586);(0,586);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}

{\sp{\sn fLine}{\sv 0}}


{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9645\shptop5148\shpright11397\shpbottom5340
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz139\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 1752}}
{\sp{\sn geoBottom}{\sv 192}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(1752,0);(1752,192);(0,192);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 52377}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5446\shpright9578\shpbottom5455
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz169\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5446\shpright9578\shpbottom5455
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz170\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}

{\sp{\sn geoRight}{\sv 9}}


{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop5446\shpright9588\shpbottom5455
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz171\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9588\shptop5450\shpright11455\shpbottom5450
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz172\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5446\shpright11474\shpbottom5455

\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz173\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop5455\shpright9573\shpbottom5858
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz174\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11465\shptop5455\shpright11465\shpbottom5858
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz175\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5858\shpright9578\shpbottom5878
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz186\shplid17665

{\sp{\sn shapeType}{\sv 0}}


{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop5858\shpright9597\shpbottom5878
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz187\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop5868\shpright11455\shpbottom5868
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz188\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft11455\shptop5858\shpright11474\shpbottom5878
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz189\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5858\shpright11474\shpbottom5878
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz190\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5998\shpright9578\shpbottom6007
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz209\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}

{\sp{\sn shapePath}{\sv 4}}


{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop5998\shpright9578\shpbottom6007
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz210\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop5998\shpright9588\shpbottom6007
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz211\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 10}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}

{\sp{\sn fBehindDocument}{\sv 1}}


}}
{\shp{\*\shpinst\shpleft9588\shptop6002\shpright11455\shpbottom6002
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz212\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop5998\shpright11474\shpbottom6007
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz213\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 9}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,10);(0,10);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9573\shptop6007\shpright9573\shpbottom6410
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz214\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}

{\shp{\*\shpinst\shpleft11465\shptop6007\shpright11465\shpbottom6410
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz215\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9569\shptop6410\shpright9578\shpbottom6430
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz226\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 9}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(10,0);(10,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9578\shptop6410\shpright9597\shpbottom6430
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz227\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}

{\sp{\sn lineDashing}{\sv 0}}


{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft9597\shptop6420\shpright11455\shpbottom6420
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz228\shplid31797
{\sp{\sn shapeType}{\sv 20}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn fFillOK}{\sv 0}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn lineColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6410\shpright11474\shpbottom6430
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz229\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}
{\sp{\sn fFillOK}{\sv 1}}
{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft11455\shptop6410\shpright11474\shpbottom6430
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz230\shplid17665
{\sp{\sn shapeType}{\sv 0}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn geoRight}{\sv 19}}
{\sp{\sn geoBottom}{\sv 20}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn shapePath}{\sv 4}}
{\sp{\sn pVerticies}{\sv 8;5;(0,0);(19,0);(19,19);(0,19);(0,0)}}
{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;2457
7;32768}}

{\sp{\sn fFillOK}{\sv 1}}


{\sp{\sn fFilled}{\sv 1}}
{\sp{\sn fillColor}{\sv 8872192}}
{\sp{\sn lineWidth}{\sv 12700}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn lineDashing}{\sv 0}}
{\sp{\sn fArrowheadsOK}{\sv 1}}
{\sp{\sn fLayoutInCell}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}
}}
{\shp{\*\shpinst\shpleft1154\shptop2506\shpright5498\shpbottom2771
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz2\shplid24731
{\sp{\sn shapeType}{\sv 202}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}
{\sp{\sn dxTextRight}{\sv 0}}
{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}{\shptxt\pard\plain\li0\sl-265\f3\fs14\charscal
ex78\cf0\b0\i0\ul0\strike0
\f3\fs14\charscalex78\cf0\b0\i0\ul0\strike0 Aumen
to
por
efecto
de
la
unificaci\u243?n
de
los
capitales
\par}}}
{\shp{\*\shpinst\shpleft1154\shptop3058\shpright5408\shpbottom3323
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz2\shplid24731
{\sp{\sn shapeType}{\sv 202}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}
{\sp{\sn dxTextRight}{\sv 0}}
{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}{\shptxt\pard\plain\li0\sl-265\f3\fs14\charscal
ex83\cf0\b0\i0\ul0\strike0
\f3\fs14\charscalex83\cf0\b0\i0\ul0\strike0 Aumen
to
de
capital
por
capitalizaci\u243?n
de
resultados
\par}}}
{\shp{\*\shpinst\shpleft5076\shptop5458\shpright5980\shpbottom5651
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz2\shplid24731
{\sp{\sn shapeType}{\sv 202}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}
{\sp{\sn dxTextRight}{\sv 0}}
{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}{\shptxt\pard\plain\li0\sl-193\f3\fs14\charscal

ex22\cf0\b0\i0\ul0\strike0
\par}}}
{\shp{\*\shpinst\shpleft5076\shptop5933\shpright6794\shpbottom6203
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz2\shplid24731
{\sp{\sn shapeType}{\sv 202}}
{\sp{\sn fFlipH}{\sv 0}}
{\sp{\sn fFlipV}{\sv 0}}
{\sp{\sn fFilled}{\sv 0}}
{\sp{\sn fLine}{\sv 0}}
{\sp{\sn dxTextLeft}{\sv 0}}
{\sp{\sn dyTextTop}{\sv 0}}
{\sp{\sn dxTextRight}{\sv 0}}
{\sp{\sn dyTextBottom}{\sv 0}}
{\sp{\sn posrelh}{\sv 1}}
{\sp{\sn posrelv}{\sv 1}}
{\sp{\sn fBehindDocument}{\sv 1}}{\shptxt\pard\plain\li0\sl-270\f3\fs14\charscal
ex22\cf0\b0\i0\ul0\strike0
\f3\fs14\charscalex22\cf0\b0\i0\ul0\strike0
\par}}}}

Vous aimerez peut-être aussi