Vous êtes sur la page 1sur 15

,03$&7 YLHUQHVGHHQHURGH

,'GHFKDVLV 5XWD
%5b 5HSDUDFLQ%5'(&DPLVDV\SLVWRQHV
FDPELR WRGRV &XODWDV\FUWHUGHDFHLWH
GHVPRQWDGRV
0RGHOR ,GHQWLGDG

)HFKDGHSXEOLFDFLQ 1PRSHUDFLQ
PLUFROHVGHIHEUHURGH 

&DPLVDV\SLVWRQHVFDPELR WRGRV

&XODWDV\FUWHUGHDFHLWHGHVPRQWDGRV

c1RWD'HELGRDTXHODVILJXUDVHQODOLWHUDWXUDGHVHUYLFLRVRQUHXWLOL]DGDVHQWUHGLIHUHQWHVYDULDQWHVDOJXQDVSLH]DV
SXHGHQGLVFUHSDUGHODYHUVLQDFWXDO6LQHPEDUJRODLQIRUPDFLQHVHQFLDOGHODVILJXUDVHVVLHPSUHFRUUHFWD

+HUUDPLHQWDVHVSHFLDOHV


'HVPRQWDMH

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUHOWDSQMXQWRDOYRODQWH
0RQWDUODKHUUDPLHQWDGHJLUR
+DFHUJLUDUHOPRWRUKDVWDTXHGRVFDUUHUDVGHFLJHDOVHDOHQKDFLDDEDMR

+HUUDPLHQWDVHVSHFLDOHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVPRQWDUODERTXLOODGHUHIULJHUDFLQGHSLVWRQHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

'HVPRQWDUHOVRPEUHUHWH\ORVFDVTXLOORVGHFRMLQHWH$QRWDUODVHDOHLGHQWLILFDUORVGLIHUHQWHV
VRPEUHUHWHV

c1RWD7HQHUFXLGDGRGHQRGDDUODVVXSHUILFLHV

4XLWDUHOSLVWQMXQWRFRQODELHOD
8WLOL]DUSRUHMHPSORHOPDQJRGHXQPDUWLOOR

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

4XLWDUORVDQLOORVGHVHJXULGDGGHOSLVWQ\H[WUDHUHOEXOQ
'HVPRQWDUHOSLVWQGHODELHOD
(QJUDVDUODELHOD\HOEXOQ
0RQWDUHOQXHYRSLVWQHQODDQWLJXDELHOD

c1RWD&RPSUREDUTXHODPDUFDHQHOSLVWQHVWRULHQWDGRKDFLDHOYRODQWH

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0HGLUHOGLPHWURGHOSLVWQ\DMXVWDUHOWRUQLOORGHWRSHGHODKHUUDPLHQWD
&XDQGRODVWHQD]DVVHFRPSULPHQODSDUWHH[WHULRUGHODVWHQD]DVGHEHSDUDUVHHQODUDQXUDGHOD
HVFDODGHOGLPHWURGHSLVWQGHTXHVHWUDWD
/DFRWDGHDSHUWXUDP[LPDGHORVVHJPHQWRVHVWHVSHFLILFDGRHQ*UXSRGHIXQFLQ7LSRGH
LQIRUPDFLQ(VSHFLILFDFLRQHV(VSHFLILFDFLRQHV

c1RWD/DFRWDGHDSHUWXUDP[LPDGHORVVHJPHQWRVQRGHEHH[FHGHUVH

+HUUDPLHQWDVHVSHFLDOHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0RQWDUHOVHJPHQWRUDVFDGRU/DDSHUWXUDGHOUHVRUWHGHEHFRORFDUVHIUHQWHDODDSHUWXUDGHO
VHJPHQWRUDVFDGRUGHDFHLWH
0RQWDUORVVHJPHQWRVGHSLVWQ/DVDEHUWXUDVGHVHJPHQWRGHSLVWQGHEHQHVWDUGHVSOD]DGRV
r

c1RWD/DVHDO723GHEHTXHGDUYXHOWDKDFLDDUULED


5HSHWLUORVSDVRVGHWUDEDMRSDUDHOUHVWRGHSLVWRQHV

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

([WUDHUODFDPLVDIXHUDGHOEORTXH
8WLOL]DUSHUQRVGHFXODWD\PDQJXLWRVSDUDPRQWDUODVKHUUDPLHQWDV

+HUUDPLHQWDVHVSHFLDOHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

/LPSLDUHODORMDPLHQWRGHFDPLVD\ODVVXSHUILFLHVGHHVWDQTXHLGDGHQHOEORTXHGHFLOLQGURV

c1RWD1RXWLOL]DUKHUUDPLHQWDVTXHSXHGDQGDDUODVVXSHUILFLHVGHHVWDQTXHLGDG

0RQWDMH


5HYLVDUODUHSLVDGHFDPLVDGHOEORTXHSDUDYHUVLHVWGDDGD

c1RWD(OIUHVDGR\ODFRORFDFLQGHVXSOHPHQWRVQRHVSRVLEOH



0RQWDUODFDPLVDQXHYD
VLQUHWHQHV
)LMDUODFDPLVDFRQGRVKHUUDPLHQWDVGHSUHVLQ

+HUUDPLHQWDVHVSHFLDOHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0RQWDUHOFRPSDUDGRUHQHOVRSRUWH
&RORFDUHOVRSRUWHFRQHOFRPSDUDGRUDWUDYVGHODFDPLVD
$MXVWDUHOFRPSDUDGRUDFHURFRQXQSDUGHPLOPHWURVFRQWUDHOSODQRGHOEORTXHGHFLOLQGURV

+HUUDPLHQWDVHVSHFLDOHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

0HGLUODDOWXUDHQWUHODFDPLVD\HOSODQRGHOEORTXH
0HGLUODDOWXUDGHODFDPLVDHQYDULRVOXJDUHVGLDJRQDOPHQWH\FDOFXODUHOYDORUPHGLRGHODV
PHGLFLRQHV
&RPSUREDUODDOWXUDFRUUHFWDHQFLPDGHODVXSHUILFLHGHOEORTXHFRQD\XGDGH*UXSRGHIXQFLQ
7LSRGHLQIRUPDFLQ(VSHFLILFDFLRQHV(VSHFLILFDFLRQHV

0DUFDUODSRVLFLQGHODFDPLVDHQHOEORTXHFRQXQURWXODGRUGHPDQHUDTXHOOHJXHVLHPSUHDOD
PLVPDSRVLFLQHQHOPRQWDMH



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

6DFDUODFDPLVD0RQWDUORVUHWHQHV
/XEULFDUORVUHWHQHV\ODVXSHUILFLHGHGHVOL]DPLHQWRGHODFDPLVDFRQYDVHOLQD
0RQWDUODFDPLVDHQHOEORTXHVHJQODVPDUFDV

c1RWD3UHVLRQDUFRQFXLGDGR

8WLOL]DUXQWRUQLOORGHFXODWD\XQDDUDQGHODFRQVHSDUDUDGRU

+HUUDPLHQWDVHVSHFLDOHV



5HSHWLUORVSDVRVHQODVGHPVFDPLVDV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

(QJUDVDUHOSLVWQ0RQWDUODKHUUDPLHQWDGHFRPSUHVLQ
/LPSLDU\DFHLWDUORVFLOLQGURV0RQWDUFRQFXLGDGRORVSLVWRQHV

c1RWD&RPSUREDUTXHODPDUFDHQHOSLVWQHVWRULHQWDGRKDFLDHOYRODQWH

+HUUDPLHQWDVHVSHFLDOHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

&RPSUREDU\OLPSLDUHOEXOQGHODELHOD\HOVRPEUHUHWH
(QJUDVDUHOLQWHULRUGHORVFDVTXLOORVGHPDQHUDTXHTXHGHOXEULFDGDODVXSHUILFLHTXHHVWYXHOWD
KDFLDHOFLJHDO
0RQWDUORVFDVTXLOORVGHFRMLQHWH&RPSUREDUTXHTXHGHQGHELGDPHQWHFRORFDGDVHQODELHOD\HO
VRPEUHUHWH

c1RWD&RPSUREDUTXHODIOHFKDGHOVRPEUHUHWHHVWYXHOWDKDFLDHOYRODQWH\TXHODVHDOFRQFXHUGHHQWUHEXOQ\
VRPEUHUHWH

$WRUQLOODUHOVRPEUHUHWH\DSUHWDUORGHVSXVDSDUVHJQ*UXSRGHIXQFLQ7LSRGHLQIRUPDFLQ
(VSHFLILFDFLRQHV(VSHFLILFDFLRQHV



k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV


,03$&7 YLHUQHVGHHQHURGH

/LPSLDUODERTXLOODGHHQIULDPLHQWRGHSLVWRQHV\FRQWURODUTXHQRHVWGDDGD
0RQWDUODERTXLOODGHUHIULJHUDFLQGHSLVWRQHVFRQXQWRUQLOORQXHYR
$SUHWDUDSDUVHJQ*UXSRGHIXQFLQ7LSRGHLQIRUPDFLQ(VSHFLILFDFLRQHV(VSHFLILFDFLRQHV


5HSHWLUORVSDVRVGHWUDEDMRSDUDHOUHVWRGHSLVWRQHV


4XLWDUODKHUUDPLHQWDGHJLUR\SRQHUHOWDSQ

k&RS\ULJKW9ROYR3DUWV&RUSRUDWLRQ
/DLQIRUPDFLQFRQWHQLGDDTXHVWDFWXDOL]DGDHQHOPRPHQWRGHVXGLVWULEXFLQRULJLQDOSHURSXHGHVHUFDPELDGD6HDYLVDDOOHFWRUGHTXHODVFRSLDV
LPSUHVDVQRVRQFRQWURODGDV



Vous aimerez peut-être aussi