Es GVT Redbv2016 Ifric02

{\rtf\ansi\deff0{\fonttbl{\f0 Times New Roman;}{\f1 Arial;}{\f2 Cambria;}}
{\colortbl\red0\green0\blue0;}\paperw12240\paperh15840\margl0\margr0\margt0\margb0\
sectd\sbknone\sected\cols1\colno1\colw12240\pard\plain\sl-200\par\pard\plain\sl-
200\par\pard\plain\sl-311\par\pard\plain\li9979\sl-
169\f0\fs18\cf0\b0\i0\ul0\strike0 CINIIF\f0\fs18\cf0\b0\i0\ul0\strike0
2\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
200\par\pard\plain\sl-207\par\pard\plain\li1874\sl-226\f1\fs24\cf0\b\i0\ul0\strike0
Interpretaci\u243?n\f1\fs24\cf0\b\i0\ul0\strike0
CINIIF\f1\fs24\cf0\b\i0\ul0\strike0 2\par\pard\plain\li1874\sl-
282\f1\fs24\cf0\b\i\ul0\strike0 Aportaciones\f1\fs24\cf0\b\i\ul0\strike0
de\f1\fs24\cf0\b\i\ul0\strike0 Socios\f1\fs24\cf0\b\i\ul0\strike0
de\f1\fs24\cf0\b\i\ul0\strike0 Entidades\f1\fs24\cf0\b\i\ul0\strike0
Cooperativas\f1\fs24\cf0\b\i\ul0\strike0 e\f1\fs24\cf0\b\i\ul0\strike0
Instrumentos\par\pard\plain\li1874\sl-280\f1\fs24\cf0\b\i\ul0\strike0
Similares\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
219\par\pard\plain\li1874\sl-226\f1\fs24\cf0\b\i0\ul0\strike0
Referencias\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\p
ard\plain\sl-333\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
\u183?\par\pard\plain\li1874\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
\u183?\par\pard\plain\li1874\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0
\u183?\par\pard\column\plain\sl-333\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
9\f0\fs16\cf0\b0\i\ul0\strike0 Instrumentos\f0\fs16\cf0\b0\i\ul0\strike0
Financieros\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
NIIF\f0\fs16\cf0\b0\i0\ul0\strike0 13\f0\fs16\cf0\b0\i\ul0\strike0 Medici\u243?
n\f0\fs16\cf0\b0\i\ul0\strike0 del\f0\fs16\cf0\b0\i\ul0\strike0
Valor\f0\fs16\cf0\b0\i\ul0\strike0 Razonable\par\pard\plain\li0\sl-
299\f0\fs16\cf0\b0\i0\ul0\strike0 NIC\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i\ul0\strike0 Instrumentos\f0\fs16\cf0\b0\i\ul0\strike0
Financieros:\f0\fs16\cf0\b0\i\ul0\strike0 Presentaci\u243?
n\f0\fs16\cf0\b0\i\ul0\strike0 e\f0\fs16\cf0\b0\i\ul0\strike0 Informaci\u243?
n\f0\fs16\cf0\b0\i\ul0\strike0 a\f0\fs16\cf0\b0\i\ul0\strike0
Revelar\f0\fs16\cf0\b0\i0\ul0\strike0 (revisada\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 2003)\f0\fs10\cf0\b0\i0\ul0\strike0
1\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\sl-
Antecedentes\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\
pard\plain\sl-332\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
373\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
2\par\pard\column\plain\sl-332\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 Las\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativas\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
otras\f0\fs16\cf0\b0\i0\ul0\strike0 entidades\f0\fs16\cf0\b0\i0\ul0\strike0
similares\f0\fs16\cf0\b0\i0\ul0\strike0 est\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0
constituidas\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
grupos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
personas\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 fin\f0\fs16\cf0\b0\i0\ul0\strike0
de\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
satisfacer\f0\fs16\cf0\b0\i0\ul0\strike0 necesidades\f0\fs16\cf0\b0\i0\ul0\strike0
econ\u243?micas\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
sociales\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
les\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
comunes.\f0\fs16\cf0\b0\i0\ul0\strike0 Las\f0\fs16\cf0\b0\i0\ul0\strike0
diferentes\f0\fs16\cf0\b0\i0\ul0\strike0 normativas\f0\fs16\cf0\b0\i0\ul0\strike0
nacionales\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
definen,\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
lo\f0\fs16\cf0\b0\i0\ul0\strike0 general,\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 sociedad\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 busca\f0\fs16\cf0\b0\i0\ul0\strike0
promover\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
progreso\f0\fs16\cf0\b0\i0\ul0\strike0 econ\u243?
mico\f0\fs16\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 sus\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 mediante\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 realizaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
conjunta\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 actividad\f0\fs16\cf0\b0\i0\ul0\strike0
(principio\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
ayuda\f0\fs16\cf0\b0\i0\ul0\strike0 mutua).\f0\fs16\cf0\b0\i0\ul0\strike0
Las\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
participaciones\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 miembros\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0 tienen\f0\fs16\cf0\b0\i0\ul0\strike0
con\f0\fs16\cf0\b0\i0\ul0\strike0 frecuencia\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 car\u225?cter\f0\fs16\cf0\b0\i0\ul0\strike0
acciones,\f0\fs16\cf0\b0\i0\ul0\strike0
participaciones,\f0\fs16\cf0\b0\i0\ul0\strike0
unidades\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
tulo\f0\fs16\cf0\b0\i0\ul0\strike0 similar,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
har\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 referencia\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 ellas\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 \u8220?
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
socios\u8221?.\par\pard\plain\li0\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 NIC\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 establece\f0\fs16\cf0\b0\i0\ul0\strike0
criterios\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 clasificaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
particular,\f0\fs16\cf0\b0\i0\ul0\strike0 estos\f0\fs16\cf0\b0\i0\ul0\strike0
criterios\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
aplican\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
clasificar\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
rescatables\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
permiten\par\pard\plain\li2610\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
al\f0\fs16\cf0\b0\i0\ul0\strike0 tenedor\f0\fs16\cf0\b0\i0\ul0\strike0
exigir\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
emisor\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
reembolso,\f0\fs16\cf0\b0\i0\ul0\strike0 ya\f0\fs16\cf0\b0\i0\ul0\strike0
sea\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
efectivo\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
mediante\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entrega\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
otro\f0\fs16\cf0\b0\i0\ul0\strike0 instrumento\par\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 financiero.\f0\fs16\cf0\b0\i0\ul0\strike0
Resulta\f0\fs16\cf0\b0\i0\ul0\strike0 dif\u237?cil\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 aplicaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
criterios\f0\fs16\cf0\b0\i0\ul0\strike0 citados\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 entidades\par\pard\plain\li2610\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativas\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
otros\f0\fs16\cf0\b0\i0\ul0\strike0 instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0
similares.\f0\fs16\cf0\b0\i0\ul0\strike0 Algunas\f0\fs16\cf0\b0\i0\ul0\strike0
partes\f0\fs16\cf0\b0\i0\ul0\strike0 constituyentes\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 Consejo\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 Normas\par\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 Internacionales\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0
Contabilidad\f0\fs16\cf0\b0\i0\ul0\strike0 han\f0\fs16\cf0\b0\i0\ul0\strike0
solicitado\f0\fs16\cf0\b0\i0\ul0\strike0
aclaraciones\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 forma\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 aplican\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 criterios\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 NIC\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
otros\f0\fs16\cf0\b0\i0\ul0\strike0 instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 similares\f0\fs16\cf0\b0\i0\ul0\strike0
con\f0\fs16\cf0\b0\i0\ul0\strike0 determinadas\f0\fs16\cf0\b0\i0\ul0\strike0
particularidades,\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
pose\u237?dos\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativas,\f0\fs16\cf0\b0\i0\ul0\strike0 as\u237?\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
circunstancias\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
dichas\f0\fs16\cf0\b0\i0\ul0\strike0 particularidades\par\pard\plain\li2610\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 afectan\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
clasificaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio.\par\pard\plain\sl-
Alcance\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\
plain\sl-332\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
160\f0\fs16\cf0\b0\i0\ul0\strike0 Esta\f0\fs16\cf0\b0\i0\ul0\strike0
Interpretaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
est\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0 dentro\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 alcance\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
NIC\f0\fs16\cf0\b0\i0\ul0\strike0
32,\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li2609\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 entre\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 incluyen\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 emitidos\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 favor\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
entidades\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativas\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
constituyen\f0\fs16\cf0\b0\i0\ul0\strike0
participaciones\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 propiedad\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 dichas\f0\fs16\cf0\b0\i0\ul0\strike0
entidades.\f0\fs16\cf0\b0\i0\ul0\strike0 Esta\f0\fs16\cf0\b0\i0\ul0\strike0
Interpretaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 no\par\pard\plain\li2609\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 aplicaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
vayan\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
ser\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
puedan\f0\fs16\cf0\b0\i0\ul0\strike0 ser\f0\fs16\cf0\b0\i0\ul0\strike0
liquidados\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
instrumentos\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0
entidad.\par\pard\plain\sl-200\par\pard\plain\sl-233\par\pard\plain\li1874\sl-
226\f1\fs24\cf0\b\i0\ul0\strike0
Problema\par\sect\sected\sbknone\cols2\colno1\colw2390\colsr10\colno2\colw9840\pard
\plain\sl-333\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
135\f0\fs14\cf0\b0\i0\ul0\strike0 1\par\pard\column\plain\sl-
Muchos\f0\fs16\cf0\b0\i0\ul0\strike0 instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros,\f0\fs16\cf0\b0\i0\ul0\strike0 incluidas\f0\fs16\cf0\b0\i0\ul0\strike0
socios,\f0\fs16\cf0\b0\i0\ul0\strike0 tienen\f0\fs16\cf0\b0\i0\ul0\strike0
caracter\u237?sticas\f0\fs16\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li201\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio,\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
voto\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
participaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 reparto\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 dividendos.\f0\fs16\cf0\b0\i0\ul0\strike0
Algunos\par\pard\plain\li201\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 otorgan\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 derecho\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 solicitar\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 efectivo\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 mediante\f0\fs16\cf0\b0\i0\ul0\strike0
la\par\pard\plain\li201\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
entrega\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
otro\f0\fs16\cf0\b0\i0\ul0\strike0 instrumento\f0\fs16\cf0\b0\i0\ul0\strike0
financiero,\f0\fs16\cf0\b0\i0\ul0\strike0 pudiendo\f0\fs16\cf0\b0\i0\ul0\strike0
incluir,\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
estar\f0\fs16\cf0\b0\i0\ul0\strike0 sujeto\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 determinadas\par\pard\plain\li201\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 limitaciones.\f0\fs16\cf0\b0\i0\ul0\strike0
\u191?C\u243?mo\f0\fs16\cf0\b0\i0\ul0\strike0 deben\f0\fs16\cf0\b0\i0\ul0\strike0
evaluarse\f0\fs16\cf0\b0\i0\ul0\strike0 esas\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
determinar\f0\fs16\cf0\b0\i0\ul0\strike0 si\f0\fs16\cf0\b0\i0\ul0\strike0
deben\par\pard\plain\li201\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
clasificarse\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio?\par\pard\plain\sl-
200\par\pard\plain\sl-279\par\pard\plain\li0\sl-135\f0\fs14\cf0\b0\i0\ul0\strike0
En\f0\fs14\cf0\b0\i0\ul0\strike0 agosto\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 2005,\f0\fs14\cf0\b0\i0\ul0\strike0
32\f0\fs14\cf0\b0\i0\ul0\strike0 fue\f0\fs14\cf0\b0\i0\ul0\strike0
modificada\f0\fs14\cf0\b0\i0\ul0\strike0 como\f0\fs14\cf0\b0\i0\ul0\strike0
NIC\f0\fs14\cf0\b0\i0\ul0\strike0 32\f0\fs14\cf0\b0\i\ul0\strike0
Instrumentos\f0\fs14\cf0\b0\i\ul0\strike0
Financieros:\f0\fs14\cf0\b0\i\ul0\strike0 Presentaci\u243?
n\f0\fs14\cf0\b0\i0\ul0\strike0 .\f0\fs14\cf0\b0\i0\ul0\strike0
En\f0\fs14\cf0\b0\i0\ul0\strike0 febrero\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 2008\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 IASB\par\pard\plain\li0\sl-
187\f0\fs14\cf0\b0\i0\ul0\strike0 modific\u243?\f0\fs14\cf0\b0\i0\ul0\strike0
la\f0\fs14\cf0\b0\i0\ul0\strike0
NIC\f0\fs14\cf0\b0\i0\ul0\strike0 32\f0\fs14\cf0\b0\i0\ul0\strike0
requiriendo\f0\fs14\cf0\b0\i0\ul0\strike0 que\f0\fs14\cf0\b0\i0\ul0\strike0
se\f0\fs14\cf0\b0\i0\ul0\strike0 clasificasen\f0\fs14\cf0\b0\i0\ul0\strike0
como\f0\fs14\cf0\b0\i0\ul0\strike0 patrimonio\f0\fs14\cf0\b0\i0\ul0\strike0
si\f0\fs14\cf0\b0\i0\ul0\strike0 esos\f0\fs14\cf0\b0\i0\ul0\strike0
instrumentos\f0\fs14\cf0\b0\i0\ul0\strike0 reun\u237?
an\f0\fs14\cf0\b0\i0\ul0\strike0 todas\f0\fs14\cf0\b0\i0\ul0\strike0
las\par\pard\plain\li0\sl-172\f0\fs14\cf0\b0\i0\ul0\strike0 caracter\u237?
sticas\f0\fs14\cf0\b0\i0\ul0\strike0 y\f0\fs14\cf0\b0\i0\ul0\strike0 cumpl\u237?
an\f0\fs14\cf0\b0\i0\ul0\strike0 las\f0\fs14\cf0\b0\i0\ul0\strike0
los\f0\fs14\cf0\b0\i0\ul0\strike0 p\u225?rrafos\f0\fs14\cf0\b0\i0\ul0\strike0
16A\f0\fs14\cf0\b0\i0\ul0\strike0 y\f0\fs14\cf0\b0\i0\ul0\strike0
16B\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 los\f0\fs14\cf0\b0\i0\ul0\strike0 p\u225?
rrafos\f0\fs14\cf0\b0\i0\ul0\strike0 16C\f0\fs14\cf0\b0\i0\ul0\strike0
y\f0\fs14\cf0\b0\i0\ul0\strike0 16D\f0\fs14\cf0\b0\i0\ul0\strike0
NIC\f0\fs14\cf0\b0\i0\ul0\strike0
32.\par\sect\sected\sbknone\cols3\colno1\colw5770\colsr10\colno2\colw4790\colsr10\c
olno3\colw1660\pard\plain\sl-200\par\pard\plain\sl-325\par\pard\plain\li5662\sl-
93\f0\fs10\charscalex-101\cf0\b0\i0\ul0\strike0 \u169?\par\pard\column\plain\sl-
IFRS\f0\fs16\cf0\b0\i0\ul0\strike0 Foundation\par\pard\column\plain\sl-
200\par\pard\plain\sl-343\par\pard\plain\li0\sl-144\f0\fs16\cf0\b0\i0\ul0\strike0 1
{\shp{\*\shpinst\shpleft1847\shptop3332\shpright10396\shpbottom3332
\shpfhdr0\shpbxpage\shpbypage
\shpwr3\shpwrk0\shpfblwtxt1\shpz13\shplid6174
{\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\pgwsxn12240\pghsxn15840\sected\cols1\colno1\colw12240\pard\pl
ain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-311\par\pard\plain\li1874\sl-
2\par\pard\plain\sl-200\par\pard\plain\sl-325\par\pard\plain\li1874\sl-
Acuerdo\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\
371\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0 6\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 7\par\pard\plain\sl-343\par\pard\plain\li1874\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 8\par\pard\plain\sl-200\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 12\par\pard\column\plain\sl-
El\f0\fs16\cf0\b0\i0\ul0\strike0 derecho\f0\fs16\cf0\b0\i0\ul0\strike0
contractual\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
tenedor\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 instrumento\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 (incluyendo\f0\fs16\cf0\b0\i0\ul0\strike0
socios\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 entidades\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativas)\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
solicitar\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
obliga,\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
s\u237?\f0\fs16\cf0\b0\i0\ul0\strike0 mismo,\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 clasificar\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 citado\f0\fs16\cf0\b0\i0\ul0\strike0
instrumento\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 financiero.\f0\fs16\cf0\b0\i0\ul0\strike0
M\u225?s\f0\fs16\cf0\b0\i0\ul0\strike0 bien\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
tendr\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
cuenta\f0\fs16\cf0\b0\i0\ul0\strike0 todos\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 t\u233?rminos\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 condiciones\f0\fs16\cf0\b0\i0\ul0\strike0
del\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
instrumento\f0\fs16\cf0\b0\i0\ul0\strike0 financiero\f0\fs16\cf0\b0\i0\ul0\strike0
al\f0\fs16\cf0\b0\i0\ul0\strike0 clasificarlo\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio.\f0\fs16\cf0\b0\i0\ul0\strike0
Estos\f0\fs16\cf0\b0\i0\ul0\strike0 plazos\f0\fs16\cf0\b0\i0\ul0\strike0
y\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones\f0\fs16\cf0\b0\i0\ul0\strike0 incluyen\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 leyes\f0\fs16\cf0\b0\i0\ul0\strike0
locales\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
reglamentos\f0\fs16\cf0\b0\i0\ul0\strike0 aplicables\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
estatutos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
vigentes\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
fecha\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 clasificaci\u243?n,\f0\fs16\cf0\b0\i0\ul0\strike0
pero\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
incluyen\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0
esperadas\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
dichas\f0\fs16\cf0\b0\i0\ul0\strike0 leyes,\f0\fs16\cf0\b0\i0\ul0\strike0
reglamentos\f0\fs16\cf0\b0\i0\ul0\strike0 o\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 estatutos\f0\fs16\cf0\b0\i0\ul0\strike0
particulares.\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
Las\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u237?
an\f0\fs16\cf0\b0\i0\ul0\strike0 clasificadas\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0
si\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
tuvieran\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 solicitar\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 reembolso\f0\fs16\cf0\b0\i0\ul0\strike0
son\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0
si\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
da\f0\fs16\cf0\b0\i0\ul0\strike0 alguna\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones\f0\fs16\cf0\b0\i0\ul0\strike0 descritas\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
rrafos\f0\fs16\cf0\b0\i0\ul0\strike0 7\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 8\f0\fs16\cf0\b0\i0\ul0\strike0
o\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 re\u250?nen\f0\fs16\cf0\b0\i0\ul0\strike0
todas\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
caracter\u237?sticas\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
cumplen\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
16A\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 16B\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
16C\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
16D\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
32.\f0\fs16\cf0\b0\i0\ul0\strike0 Los\f0\fs16\cf0\b0\i0\ul0\strike0 dep\u243?
sitos\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 vista,\f0\fs16\cf0\b0\i0\ul0\strike0
incluyendo\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
cuentas\f0\fs16\cf0\b0\i0\ul0\strike0 corrientes,\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 dep\u243?sitos\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 plazo\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 contratos\f0\fs16\cf0\b0\i0\ul0\strike0
similares\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
surjan\f0\fs16\cf0\b0\i0\ul0\strike0 cuando\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0 act\u250?
an\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
clientes\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad.\par\pard\plain\li0\sl-
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?
n\f0\fs16\cf0\b0\i0\ul0\strike0 consideradas\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0 si\f0\fs16\cf0\b0\i0\ul0\strike0
tiene\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 rechazar\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 rescate.\par\pard\plain\li0\sl-
leyes\f0\fs16\cf0\b0\i0\ul0\strike0 locales,\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 reglamentos\f0\fs16\cf0\b0\i0\ul0\strike0
pueden\f0\fs16\cf0\b0\i0\ul0\strike0 imponer\f0\fs16\cf0\b0\i0\ul0\strike0
diferentes\f0\fs16\cf0\b0\i0\ul0\strike0 tipos\f0\fs16\cf0\b0\i0\ul0\strike0
prohibiciones\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios,\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo,\f0\fs16\cf0\b0\i0\ul0\strike0
estableciendo\f0\fs16\cf0\b0\i0\ul0\strike0 prohibiciones\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 incondicionales\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 basadas\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 criterios\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 liquidez.\f0\fs16\cf0\b0\i0\ul0\strike0
Si\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 estuviera\f0\fs16\cf0\b0\i0\ul0\strike0
incondicionalmente\f0\fs16\cf0\b0\i0\ul0\strike0
prohibido\f0\fs16\cf0\b0\i0\ul0\strike0 por\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
ley\f0\fs16\cf0\b0\i0\ul0\strike0 local,\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
reglamento\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad,\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?n\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 clasificadas\f0\fs16\cf0\b0\i0\ul0\strike0
No\f0\fs16\cf0\b0\i0\ul0\strike0 obstante,\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
integrar\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0 si\f0\fs16\cf0\b0\i0\ul0\strike0
las\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
citadas\f0\fs16\cf0\b0\i0\ul0\strike0 cl\u225?usulas\f0\fs16\cf0\b0\i0\ul0\strike0
ley\f0\fs16\cf0\b0\i0\ul0\strike0 local,\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 reglamento\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 estatutos\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 proh\u237?ben\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?nicamente\f0\fs16\cf0\b0\i0\ul0\strike0
cuando\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
cumplen\f0\fs16\cf0\b0\i0\ul0\strike0 (o\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 dejan\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 cumplir)\f0\fs16\cf0\b0\i0\ul0\strike0
ciertas\f0\fs16\cf0\b0\i0\ul0\strike0 condiciones,\f0\fs16\cf0\b0\i0\ul0\strike0
tales\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
restricciones\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\f0\fs16\cf0\b0\i0\ul0\strike0
liquidez\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad.\par\pard\plain\li0\sl-
298\f0\fs16\cf0\b0\i0\ul0\strike0 Una\f0\fs16\cf0\b0\i0\ul0\strike0
prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 podr\u237?
a\f0\fs16\cf0\b0\i0\ul0\strike0 ser\f0\fs16\cf0\b0\i0\ul0\strike0
absoluta,\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
forma\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
todos\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
reembolsos\f0\fs16\cf0\b0\i0\ul0\strike0 est\u233?n\f0\fs16\cf0\b0\i0\ul0\strike0
prohibidos.\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
Una\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 puede\f0\fs16\cf0\b0\i0\ul0\strike0
ser\f0\fs16\cf0\b0\i0\ul0\strike0 parcial,\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 forma\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0 proh\u237?
ba\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
reembolso\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
si\f0\fs16\cf0\b0\i0\ul0\strike0 \u233?ste\f0\fs16\cf0\b0\i0\ul0\strike0
diese\f0\fs16\cf0\b0\i0\ul0\strike0 lugar\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
capital\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
desembolsado\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 mismos\f0\fs16\cf0\b0\i0\ul0\strike0
cayese\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
debajo\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 determinado\f0\fs16\cf0\b0\i0\ul0\strike0
nivel.\f0\fs16\cf0\b0\i0\ul0\strike0 Las\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
encima\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
nivel\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0 proh\u237?
be\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
reembolso\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos,\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
menos\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
tenga\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
negar\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
reembolso\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 describe\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
rrafo\f0\fs16\cf0\b0\i0\ul0\strike0 7\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0 re\u250?
nen\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
caracter\u237?sticas\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
cumplen\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 16D\par\pard\plain\li0\sl-
32.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
algunos\f0\fs16\cf0\b0\i0\ul0\strike0
casos,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?
mero\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 capital\f0\fs16\cf0\b0\i0\ul0\strike0
desembolsado\f0\fs16\cf0\b0\i0\ul0\strike0 sujeto\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 reembolso\f0\fs16\cf0\b0\i0\ul0\strike0
pueden\f0\fs16\cf0\b0\i0\ul0\strike0 cambiar\f0\fs16\cf0\b0\i0\ul0\strike0
tiempo.\f0\fs16\cf0\b0\i0\ul0\strike0 Este\f0\fs16\cf0\b0\i0\ul0\strike0
cambio\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 reembolso\f0\fs16\cf0\b0\i0\ul0\strike0
dar\u225?\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
lugar\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 transferencia\f0\fs16\cf0\b0\i0\ul0\strike0
entre\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio.\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
En\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
momento\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
reconocimiento\f0\fs16\cf0\b0\i0\ul0\strike0
inicial,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 medir\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 valor\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 razonable.\f0\fs16\cf0\b0\i0\ul0\strike0
caso\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 medir\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 valor\f0\fs16\cf0\b0\i0\ul0\strike0
razonable\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 rescatable,\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
igual,\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
menos,\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 inferior\f0\fs16\cf0\b0\i0\ul0\strike0
cantidad\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?xima\f0\fs16\cf0\b0\i0\ul0\strike0
a\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
pagar,\f0\fs16\cf0\b0\i0\ul0\strike0 seg\u250?n\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 cl\u225?usulas\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 sus\f0\fs16\cf0\b0\i0\ul0\strike0
estatutos\f0\fs16\cf0\b0\i0\ul0\strike0 u\f0\fs16\cf0\b0\i0\ul0\strike0
otra\f0\fs16\cf0\b0\i0\ul0\strike0 legislaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
aplicable,\f0\fs16\cf0\b0\i0\ul0\strike0 descontado\f0\fs16\cf0\b0\i0\ul0\strike0
desde\f0\fs16\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 primer\f0\fs16\cf0\b0\i0\ul0\strike0
momento\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 pueda\f0\fs16\cf0\b0\i0\ul0\strike0
requerirse\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
pago\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
dicho\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0
(v\u233?ase\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 3).\par\pard\plain\li0\sl-
299\f0\fs16\cf0\b0\i0\ul0\strike0 Como\f0\fs16\cf0\b0\i0\ul0\strike0
establece\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
NIC\f0\fs16\cf0\b0\i0\ul0\strike0 32,\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 distribuciones\f0\fs16\cf0\b0\i0\ul0\strike0
tenedores\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
instrumentos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 reconocer\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0
directamente\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio.\f0\fs16\cf0\b0\i0\ul0\strike0
Los\f0\fs16\cf0\b0\i0\ul0\strike0 intereses,\f0\fs16\cf0\b0\i0\ul0\strike0
dividendos\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
otros\f0\fs16\cf0\b0\i0\ul0\strike0 rendimientos\f0\fs16\cf0\b0\i0\ul0\strike0
relativos\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0
clasificados\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0 financieros\f0\fs16\cf0\b0\i0\ul0\strike0
ser\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0 gasto,\f0\fs16\cf0\b0\i0\ul0\strike0
independientemente\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
que\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
dichos\f0\fs16\cf0\b0\i0\ul0\strike0 importes\f0\fs16\cf0\b0\i0\ul0\strike0
pagados\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
califiquen\f0\fs16\cf0\b0\i0\ul0\strike0 legalmente\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 dividendos\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 intereses,\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 bien\f0\fs16\cf0\b0\i0\ul0\strike0
reciban\f0\fs16\cf0\b0\i0\ul0\strike0 otras\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 denominaciones.\par\pard\plain\li0\sl-
298\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 Ap\u233?ndice,\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
parte\f0\fs16\cf0\b0\i0\ul0\strike0 integrante\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
acuerdo,\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
facilitan\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplos\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0 aplicaci\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
mismo.\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\sl-
Informaci\u243?n\f1\fs24\cf0\b\i0\ul0\strike0 a\f1\fs24\cf0\b\i0\ul0\strike0
revelar\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\
160\f0\fs16\cf0\b0\i0\ul0\strike0 Cuando\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 cambio\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 d\u233?\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 transferencia\f0\fs16\cf0\b0\i0\ul0\strike0
entre\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0
y\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li2610\sl-
207\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio,\f0\fs16\cf0\b0\i0\ul0\strike0
revelar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
separado\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
importe,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
calendario\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 raz\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 dicha\f0\fs16\cf0\b0\i0\ul0\strike0
transferencia.\par\pard\plain\sl-200\par\pard\plain\sl-
Fecha\f1\fs24\cf0\b\i0\ul0\strike0 de\f1\fs24\cf0\b\i0\ul0\strike0
vigencia\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard
\plain\sl-332\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strik
e0 14\par\pard\column\plain\sl-332\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 La\f0\fs16\cf0\b0\i0\ul0\strike0
fecha\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
vigencia\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 disposiciones\f0\fs16\cf0\b0\i0\ul0\strike0
transitorias\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
esta\f0\fs16\cf0\b0\i0\ul0\strike0 Interpretaci\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 mismas\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 establecieron\f0\fs16\cf0\b0\i0\ul0\strike0
para\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
(revisada\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
2003).\f0\fs16\cf0\b0\i0\ul0\strike0 Una\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
n\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0
periodos\par\sect\sected\sbknone\cols3\colno1\colw5650\colsr10\colno2\colw110\colsr
10\colno3\colw6460\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
2\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
263\par\pard\plain\li0\sl-93\f0\fs10\charscalex-101\cf0\b0\i0\ul0\strike0
\u169?\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
IFRS\f0\fs16\cf0\b0\i0\ul0\strike0 Foundation
}}
}}
160\f0\fs16\cf0\b0\i0\ul0\strike0 anuales\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 comiencen\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 partir\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 1\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 enero\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 2005.\f0\fs16\cf0\b0\i0\ul0\strike0
Si\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 aplicase\f0\fs16\cf0\b0\i0\ul0\strike0
un\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
periodo\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
comenzase\f0\fs16\cf0\b0\i0\ul0\strike0 antes\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 1\f0\fs16\cf0\b0\i0\ul0\strike0
revelar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 ese\f0\fs16\cf0\b0\i0\ul0\strike0
hecho.\f0\fs16\cf0\b0\i0\ul0\strike0 Esta\f0\fs16\cf0\b0\i0\ul0\strike0
Interpretaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 forma\f0\fs16\cf0\b0\i0\ul0\strike0
retroactiva.\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\
pard\plain\li1874\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0 14A\par\pard\plain\sl-
15\par\pard\plain\li1874\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0 16\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 18\par\pard\plain\li1874\sl-
299\f0\fs16\cf0\b0\i0\ul0\strike0 19\par\pard\plain\li0\sl-
298\column\f0\fs16\cf0\b0\i0\ul0\strike0 Una\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0
rrafos\f0\fs16\cf0\b0\i0\ul0\strike0 6,\f0\fs16\cf0\b0\i0\ul0\strike0
9,\f0\fs16\cf0\b0\i0\ul0\strike0 A1\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 A12\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
periodos\f0\fs16\cf0\b0\i0\ul0\strike0 anuales\f0\fs16\cf0\b0\i0\ul0\strike0
comiencen\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
partir\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
enero\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
2009.\f0\fs16\cf0\b0\i0\ul0\strike0 Si\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
aplica\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 periodo\f0\fs16\cf0\b0\i0\ul0\strike0
anterior\f0\fs16\cf0\b0\i\ul0\strike0 Instrumentos\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i\ul0\strike0 Financieros\f0\fs16\cf0\b0\i\ul0\strike0
con\f0\fs16\cf0\b0\i\ul0\strike0 Opci\u243?n\f0\fs16\cf0\b0\i\ul0\strike0
de\f0\fs16\cf0\b0\i\ul0\strike0 Venta\f0\fs16\cf0\b0\i\ul0\strike0
y\f0\fs16\cf0\b0\i\ul0\strike0 Obligaciones\f0\fs16\cf0\b0\i\ul0\strike0
que\f0\fs16\cf0\b0\i\ul0\strike0 Surgen\f0\fs16\cf0\b0\i\ul0\strike0
en\f0\fs16\cf0\b0\i\ul0\strike0 la\f0\fs16\cf0\b0\i\ul0\strike0 Liquidaci\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 (Modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0
NIC\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
NIC\f0\fs16\cf0\b0\i0\ul0\strike0 1),\f0\fs16\cf0\b0\i0\ul0\strike0
emitido\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
febrero\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
2008,\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
6,\f0\fs16\cf0\b0\i0\ul0\strike0 9,\f0\fs16\cf0\b0\i0\ul0\strike0
A1\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
A12\f0\fs16\cf0\b0\i0\ul0\strike0 deber\u225?n\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 aplicarse\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 dicho\f0\fs16\cf0\b0\i0\ul0\strike0
periodo.\par\pard\plain\li0\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0
[Eliminado]\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
13,\f0\fs16\cf0\b0\i0\ul0\strike0 emitida\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 mayo\f0\fs16\cf0\b0\i0\ul0\strike0
modific\u243?\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
p\u225?rrafo\f0\fs16\cf0\b0\i0\ul0\strike0 A8.\f0\fs16\cf0\b0\i0\ul0\strike0
Una\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 esa\f0\fs16\cf0\b0\i0\ul0\strike0
modificaci\u243?n\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
cuando\f0\fs16\cf0\b0\i0\ul0\strike0 aplique\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
13.\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
El\f0\fs16\cf0\b0\i0\ul0\strike0 documento\f0\fs16\cf0\b0\i\ul0\strike0
Mejoras\f0\fs16\cf0\b0\i\ul0\strike0 Anuales,\f0\fs16\cf0\b0\i\ul0\strike0
Ciclo\f0\fs16\cf0\b0\i\ul0\strike0 2009-2011\f0\fs16\cf0\b0\i0\ul0\strike0
,\f0\fs16\cf0\b0\i0\ul0\strike0 emitido\f0\fs16\cf0\b0\i0\ul0\strike0
modific\u243?\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
p\u225?rrafo\f0\fs16\cf0\b0\i0\ul0\strike0 11.\f0\fs16\cf0\b0\i0\ul0\strike0
Una\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 debe\f0\fs16\cf0\b0\i0\ul0\strike0
aplicar\f0\fs16\cf0\b0\i0\ul0\strike0 esas\f0\fs16\cf0\b0\i0\ul0\strike0
modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0
retroactivamente\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
acuerdo\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
8\f0\fs16\cf0\b0\i\ul0\strike0 Pol\u237?ticas\f0\fs16\cf0\b0\i\ul0\strike0
Contables,\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i\ul0\strike0
Cambios\f0\fs16\cf0\b0\i\ul0\strike0 en\f0\fs16\cf0\b0\i\ul0\strike0
las\f0\fs16\cf0\b0\i\ul0\strike0 Estimaciones\f0\fs16\cf0\b0\i\ul0\strike0
Contables\f0\fs16\cf0\b0\i\ul0\strike0 y\f0\fs16\cf0\b0\i\ul0\strike0
Errores\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 periodos\f0\fs16\cf0\b0\i0\ul0\strike0
anuales\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
comiencen\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
partir\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
1\f0\fs16\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 enero\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 2013.\f0\fs16\cf0\b0\i0\ul0\strike0
Si\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 aplica\f0\fs16\cf0\b0\i0\ul0\strike0
esa\f0\fs16\cf0\b0\i0\ul0\strike0 modificaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 parte\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 documento\f0\fs16\cf0\b0\i\ul0\strike0
Mejoras\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i\ul0\strike0
Anuales,\f0\fs16\cf0\b0\i\ul0\strike0 Ciclo\f0\fs16\cf0\b0\i\ul0\strike0 2009-
2011\f0\fs16\cf0\b0\i0\ul0\strike0 (emitido\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 2012)\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
periodo\f0\fs16\cf0\b0\i0\ul0\strike0 anterior,\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 modificaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?rrafo\f0\fs16\cf0\b0\i0\ul0\strike0
11\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 deber\u225?
n\f0\fs16\cf0\b0\i0\ul0\strike0 aplicarse\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 dicho\f0\fs16\cf0\b0\i0\ul0\strike0
periodo.\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
[Eliminado]\par\pard\plain\li0\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
9\f0\fs16\cf0\b0\i0\ul0\strike0 emitida\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 julio\f0\fs16\cf0\b0\i0\ul0\strike0
modific\u243?\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
p\u225?rrafos\f0\fs16\cf0\b0\i0\ul0\strike0 A8\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 A10\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 elimin\u243?\f0\fs16\cf0\b0\i0\ul0\strike0
18.\f0\fs16\cf0\b0\i0\ul0\strike0 Una\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
aplicar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 esas\f0\fs16\cf0\b0\i0\ul0\strike0
modificaciones\f0\fs16\cf0\b0\i0\ul0\strike0 cuando\f0\fs16\cf0\b0\i0\ul0\strike0
aplique\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
9.\par\sect\sected\sbknone\cols3\colno1\colw5770\colsr10\colno2\colw4790\colsr10\co
lno3\colw1660\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
144\f0\fs16\cf0\b0\i0\ul0\strike0 IFRS\f0\fs16\cf0\b0\i0\ul0\strike0
Foundation\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
3\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\sected\cols1\colno1\colw12240\pard\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-311\par\pard\plain\li1874\sl-
Ap\u233?ndice\par\pard\plain\li1874\sl-280\f1\fs24\cf0\b\i0\ul0\strike0
Ejemplos\f1\fs24\cf0\b\i0\ul0\strike0 de\f1\fs24\cf0\b\i0\ul0\strike0
Aplicaci\u243?n\f1\fs24\cf0\b\i0\ul0\strike0 del\f1\fs24\cf0\b\i0\ul0\strike0
Acuerdo\par\pard\plain\sl-325\par\pard\plain\li1874\sl-
160\f0\fs16\cf0\b0\i\ul0\strike0 Este\f0\fs16\cf0\b0\i\ul0\strike0 Ap\u233?
ndice\f0\fs16\cf0\b0\i\ul0\strike0 es\f0\fs16\cf0\b0\i\ul0\strike0
parte\f0\fs16\cf0\b0\i\ul0\strike0 integrante\f0\fs16\cf0\b0\i\ul0\strike0
de\f0\fs16\cf0\b0\i\ul0\strike0 la\f0\fs16\cf0\b0\i\ul0\strike0
Interpretaci\u243?
n.\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\plain
\sl-233\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
A1\par\pard\column\plain\sl-233\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 Este\f0\fs16\cf0\b0\i0\ul0\strike0 ap\u233?
ndice\f0\fs16\cf0\b0\i0\ul0\strike0 contiene\f0\fs16\cf0\b0\i0\ul0\strike0
siete\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplos\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 aplicaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 acuerdo\f0\fs16\cf0\b0\i0\ul0\strike0
alcanzado\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 CINIIF.\f0\fs16\cf0\b0\i0\ul0\strike0
Los\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplos\f0\fs16\cf0\b0\i0\ul0\strike0
no\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li2609\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 constituyen\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 listado\f0\fs16\cf0\b0\i0\ul0\strike0
exhaustivo;\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
posible\f0\fs16\cf0\b0\i0\ul0\strike0 encontrar\f0\fs16\cf0\b0\i0\ul0\strike0
otros\f0\fs16\cf0\b0\i0\ul0\strike0 supuestos\f0\fs16\cf0\b0\i0\ul0\strike0
sea\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0 aplicaci\u243?
n.\f0\fs16\cf0\b0\i0\ul0\strike0 Cada\par\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
supone\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 existen\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones\f0\fs16\cf0\b0\i0\ul0\strike0 distintas\f0\fs16\cf0\b0\i0\ul0\strike0
contenidas\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 hechos\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
que\par\pard\plain\li2610\sl-207\f0\fs16\cf0\b0\i0\ul0\strike0 requerir\u237?
an\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 instrumento\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 fuera\f0\fs16\cf0\b0\i0\ul0\strike0
clasificado\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
instrumento\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
re\u250?na\f0\fs16\cf0\b0\i0\ul0\strike0 todas\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 caracter\u237?
sticas\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 cumpla\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 condiciones\f0\fs16\cf0\b0\i0\ul0\strike0
rrafos\f0\fs16\cf0\b0\i0\ul0\strike0 16A\f0\fs16\cf0\b0\i0\ul0\strike0
los\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
y\f0\fs16\cf0\b0\i0\ul0\strike0 16D\f0\fs16\cf0\b0\i0\ul0\strike0
NIC\f0\fs16\cf0\b0\i0\ul0\strike0 32.\par\pard\plain\sl-200\par\pard\plain\sl-
Derecho\f1\fs24\cf0\b\i0\ul0\strike0 incondicional\f1\fs24\cf0\b\i0\ul0\strike0
a\f1\fs24\cf0\b\i0\ul0\strike0 rechazar\f1\fs24\cf0\b\i0\ul0\strike0
el\f1\fs24\cf0\b\i0\ul0\strike0 rescate\f1\fs24\cf0\b\i0\ul0\strike0 (p\u225?
rrafo\f1\fs24\cf0\b\i0\ul0\strike0 7)\par\pard\plain\sl-200\par\pard\plain\sl-
Ejemplo\f1\fs24\cf0\b\i0\ul0\strike0 1\par\pard\plain\sl-200\par\pard\plain\sl-
Datos\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\pl
ain\sl-323\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
A2\par\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 A3\par\pard\column\plain\sl-
Los\f0\fs16\cf0\b0\i0\ul0\strike0 estatutos\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 establecen\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
rescates\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
efect\u250?an\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?
nicamente\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
discreci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 misma.\f0\fs16\cf0\b0\i0\ul0\strike0
Los\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
estatutos\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
contienen\f0\fs16\cf0\b0\i0\ul0\strike0 mayores\f0\fs16\cf0\b0\i0\ul0\strike0
detalles\f0\fs16\cf0\b0\i0\ul0\strike0 ni\f0\fs16\cf0\b0\i0\ul0\strike0
limitan\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
ejercicio\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
esta\f0\fs16\cf0\b0\i0\ul0\strike0 discreci\u243?n.\f0\fs16\cf0\b0\i0\ul0\strike0
A\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
largo\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 historia,\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
ha\f0\fs16\cf0\b0\i0\ul0\strike0 rechazado\f0\fs16\cf0\b0\i0\ul0\strike0
nunca\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
pedido\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
aunque\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 \u243?
rgano\f0\fs16\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li1\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 administraci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
misma\f0\fs16\cf0\b0\i0\ul0\strike0 tiene\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 hacerlo.\par\pard\plain\sl-
274\par\pard\plain\li1\sl-191\f1\fs20\cf0\b\i0\ul0\strike0 Clasificaci\u243?
n\par\pard\plain\sl-325\par\pard\plain\li0\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
tiene\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
derecho\f0\fs16\cf0\b0\i0\ul0\strike0 incondicional\f0\fs16\cf0\b0\i0\ul0\strike0
para\f0\fs16\cf0\b0\i0\ul0\strike0 rechazar\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 rescate,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
son\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
establecen\f0\fs16\cf0\b0\i0\ul0\strike0 criterios\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 clasificaci\u243?n,\f0\fs16\cf0\b0\i0\ul0\strike0
basados\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 condiciones\f0\fs16\cf0\b0\i0\ul0\strike0
pactadas\f0\fs16\cf0\b0\i0\ul0\strike0 para\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 cada\f0\fs16\cf0\b0\i0\ul0\strike0
instrumento\f0\fs16\cf0\b0\i0\ul0\strike0
financiero,\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 se\u241?ala\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 ni\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 historia\f0\fs16\cf0\b0\i0\ul0\strike0
pasada,\f0\fs16\cf0\b0\i0\ul0\strike0 ni\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 intenci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 hacer\f0\fs16\cf0\b0\i0\ul0\strike0
pagos\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
discrecionales\f0\fs16\cf0\b0\i0\ul0\strike0 determinar\u225?
n\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
financieros.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?rrafo\f0\fs16\cf0\b0\i0\ul0\strike0
GA26\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li1\sl-
que:\par\pard\plain\li737\sl-267\f0\fs14\cf0\b0\i0\ul0\strike0
Cuando\f0\fs14\cf0\b0\i0\ul0\strike0 las\f0\fs14\cf0\b0\i0\ul0\strike0
acciones\f0\fs14\cf0\b0\i0\ul0\strike0 preferentes\f0\fs14\cf0\b0\i0\ul0\strike0
no\f0\fs14\cf0\b0\i0\ul0\strike0 sean\f0\fs14\cf0\b0\i0\ul0\strike0
rescatables,\f0\fs14\cf0\b0\i0\ul0\strike0 su\f0\fs14\cf0\b0\i0\ul0\strike0
adecuada\f0\fs14\cf0\b0\i0\ul0\strike0 se\f0\fs14\cf0\b0\i0\ul0\strike0
determinar\u225?\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
funci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
los\par\pard\plain\li737\sl-173\f0\fs14\cf0\b0\i0\ul0\strike0 dem\u225?
s\f0\fs14\cf0\b0\i0\ul0\strike0 derechos\f0\fs14\cf0\b0\i0\ul0\strike0
que\f0\fs14\cf0\b0\i0\ul0\strike0 ellas\f0\fs14\cf0\b0\i0\ul0\strike0
incorporen.\f0\fs14\cf0\b0\i0\ul0\strike0 Dicha\f0\fs14\cf0\b0\i0\ul0\strike0
clasificaci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 se\f0\fs14\cf0\b0\i0\ul0\strike0
basar\u225?\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
una\f0\fs14\cf0\b0\i0\ul0\strike0 evaluaci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0
esencia\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
los\f0\fs14\cf0\b0\i0\ul0\strike0 acuerdos\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 contractuales\f0\fs14\cf0\b0\i0\ul0\strike0
y\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
las\f0\fs14\cf0\b0\i0\ul0\strike0 definiciones\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 pasivo\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 instrumento\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 patrimonio.\f0\fs14\cf0\b0\i0\ul0\strike0
Cuando\f0\fs14\cf0\b0\i0\ul0\strike0 las\f0\fs14\cf0\b0\i0\ul0\strike0
distribuciones\f0\fs14\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li737\sl-
173\f0\fs14\cf0\b0\i0\ul0\strike0 favor\f0\fs14\cf0\b0\i0\ul0\strike0
tenedores\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
las\f0\fs14\cf0\b0\i0\ul0\strike0 acciones\f0\fs14\cf0\b0\i0\ul0\strike0
preferentes,\f0\fs14\cf0\b0\i0\ul0\strike0 tengan\f0\fs14\cf0\b0\i0\ul0\strike0
o\f0\fs14\cf0\b0\i0\ul0\strike0 no\f0\fs14\cf0\b0\i0\ul0\strike0
derechos\f0\fs14\cf0\b0\i0\ul0\strike0 acumulativos,\f0\fs14\cf0\b0\i0\ul0\strike0
queden\f0\fs14\cf0\b0\i0\ul0\strike0 a\f0\fs14\cf0\b0\i0\ul0\strike0
discreci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 del\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 emisor,\f0\fs14\cf0\b0\i0\ul0\strike0
son\f0\fs14\cf0\b0\i0\ul0\strike0 instrumentos\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 patrimonio.\f0\fs14\cf0\b0\i0\ul0\strike0
La\f0\fs14\cf0\b0\i0\ul0\strike0 clasificaci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 una\f0\fs14\cf0\b0\i0\ul0\strike0 acci\u243?
n\f0\fs14\cf0\b0\i0\ul0\strike0 preferente\f0\fs14\cf0\b0\i0\ul0\strike0
como\f0\fs14\cf0\b0\i0\ul0\strike0 pasivo\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 financiero\f0\fs14\cf0\b0\i0\ul0\strike0
o\f0\fs14\cf0\b0\i0\ul0\strike0 instrumento\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 patrimonio,\f0\fs14\cf0\b0\i0\ul0\strike0
no\f0\fs14\cf0\b0\i0\ul0\strike0 se\f0\fs14\cf0\b0\i0\ul0\strike0
ver\u225?\f0\fs14\cf0\b0\i0\ul0\strike0 afectada\f0\fs14\cf0\b0\i0\ul0\strike0
a\f0\fs14\cf0\b0\i0\ul0\strike0 causa\f0\fs14\cf0\b0\i0\ul0\strike0
de,\f0\fs14\cf0\b0\i0\ul0\strike0 por\f0\fs14\cf0\b0\i0\ul0\strike0
ejemplo:\par\sect\sected\sbknone\cols2\colno1\colw4070\colsr10\colno2\colw8160\pard
\plain\sl-226\par\pard\plain\li3346\sl-135\f0\fs14\cf0\b0\i0\ul0\strike0
(a)\par\pard\plain\sl-226\par\pard\plain\li3346\sl-
135\f0\fs14\cf0\b0\i0\ul0\strike0 (b)\par\pard\plain\sl-
(c)\par\pard\plain\sl-200\par\pard\plain\sl-371\par\pard\plain\li3346\sl-
135\f0\fs14\cf0\b0\i0\ul0\strike0 (d)\par\pard\plain\sl-
(e)\par\pard\plain\sl-226\par\pard\plain\li3346\sl-
135\f0\fs14\cf0\b0\i0\ul0\strike0 (f)\par\pard\column\plain\sl-
una\f0\fs14\cf0\b0\i0\ul0\strike0 historia\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 distribuciones\f0\fs14\cf0\b0\i0\ul0\strike0
efectivamente\f0\fs14\cf0\b0\i0\ul0\strike0 realizadas;\par\pard\plain\sl-
una\f0\fs14\cf0\b0\i0\ul0\strike0 intenci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 hacer\f0\fs14\cf0\b0\i0\ul0\strike0
distribuciones\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 futuro;\par\pard\plain\sl-
un\f0\fs14\cf0\b0\i0\ul0\strike0 posible\f0\fs14\cf0\b0\i0\ul0\strike0
impacto\f0\fs14\cf0\b0\i0\ul0\strike0 negativo\f0\fs14\cf0\b0\i0\ul0\strike0
ausencia\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
distribuciones\f0\fs14\cf0\b0\i0\ul0\strike0 sobre\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 precio\f0\fs14\cf0\b0\i0\ul0\strike0
acciones\f0\fs14\cf0\b0\i0\ul0\strike0 ordinarias\par\pard\plain\li0\sl-
173\f0\fs14\cf0\b0\i0\ul0\strike0 del\f0\fs14\cf0\b0\i0\ul0\strike0
emisor\f0\fs14\cf0\b0\i0\ul0\strike0 (por\f0\fs14\cf0\b0\i0\ul0\strike0
causa\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
las\f0\fs14\cf0\b0\i0\ul0\strike0 restricciones\f0\fs14\cf0\b0\i0\ul0\strike0
sobre\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
pago\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
dividendos\f0\fs14\cf0\b0\i0\ul0\strike0 a\f0\fs14\cf0\b0\i0\ul0\strike0
ordinarias\f0\fs14\cf0\b0\i0\ul0\strike0 si\f0\fs14\cf0\b0\i0\ul0\strike0
no\f0\fs14\cf0\b0\i0\ul0\strike0 se\par\pard\plain\li0\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 ha\f0\fs14\cf0\b0\i0\ul0\strike0
pagado\f0\fs14\cf0\b0\i0\ul0\strike0 primero\f0\fs14\cf0\b0\i0\ul0\strike0
preferentes);\par\pard\plain\sl-224\par\pard\plain\li0\sl-
135\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
las\f0\fs14\cf0\b0\i0\ul0\strike0 reservas\f0\fs14\cf0\b0\i0\ul0\strike0
del\f0\fs14\cf0\b0\i0\ul0\strike0 emisor;\par\pard\plain\sl-
las\f0\fs14\cf0\b0\i0\ul0\strike0 expectativas\f0\fs14\cf0\b0\i0\ul0\strike0
que\f0\fs14\cf0\b0\i0\ul0\strike0 tenga\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 emisor\f0\fs14\cf0\b0\i0\ul0\strike0
sobre\f0\fs14\cf0\b0\i0\ul0\strike0 una\f0\fs14\cf0\b0\i0\ul0\strike0 p\u233?
rdida\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
una\f0\fs14\cf0\b0\i0\ul0\strike0 ganancia\f0\fs14\cf0\b0\i0\ul0\strike0
en\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0 per\u237?
odo;\f0\fs14\cf0\b0\i0\ul0\strike0 o\par\pard\plain\sl-226\par\pard\plain\li0\sl-
posibilidad\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
imposibilidad\f0\fs14\cf0\b0\i0\ul0\strike0 del\f0\fs14\cf0\b0\i0\ul0\strike0
emisor\f0\fs14\cf0\b0\i0\ul0\strike0 para\f0\fs14\cf0\b0\i0\ul0\strike0
influir\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 resultado\f0\fs14\cf0\b0\i0\ul0\strike0
del\f0\fs14\cf0\b0\i0\ul0\strike0 per\u237?
odo.\par\sect\sected\sbknone\cols3\colno1\colw5650\colsr10\colno2\colw110\colsr10\c
olno3\colw6460\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
144\f0\fs16\cf0\b0\i0\ul0\strike0 4\par\pard\column\plain\sl-200\par\pard\plain\sl-
144\f0\fs16\cf0\b0\i0\ul0\strike0 IFRS\f0\fs16\cf0\b0\i0\ul0\strike0 Foundation
226\f1\fs24\cf0\b\i0\ul0\strike0 Ejemplo\f1\fs24\cf0\b\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 establecen\f0\fs16\cf0\b0\i0\ul0\strike0
rescates\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
efect\u250?an\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?
nicamente\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
discreci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 misma.\f0\fs16\cf0\b0\i0\ul0\strike0
No\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
obstante,\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
estatutos\f0\fs16\cf0\b0\i0\ul0\strike0 tambi\u233?n\f0\fs16\cf0\b0\i0\ul0\strike0
disponen\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 aprobaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
solicitud\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 sea\f0\fs16\cf0\b0\i0\ul0\strike0
autom\u225?tica,\f0\fs16\cf0\b0\i0\ul0\strike0 salvo\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 pueda\f0\fs16\cf0\b0\i0\ul0\strike0
hacer\f0\fs16\cf0\b0\i0\ul0\strike0 frente\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 estos\f0\fs16\cf0\b0\i0\ul0\strike0
pagos\f0\fs16\cf0\b0\i0\ul0\strike0 sin\f0\fs16\cf0\b0\i0\ul0\strike0
incumplir\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
normativa\f0\fs16\cf0\b0\i0\ul0\strike0 local\f0\fs16\cf0\b0\i0\ul0\strike0
relativa\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 liquidez\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li1\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
reservas\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad.\par\pard\plain\sl-
no\f0\fs16\cf0\b0\i0\ul0\strike0 tiene\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 derecho\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
rechazar\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 y,\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 tanto,\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0
los\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li2609\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0
son\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros.\f0\fs16\cf0\b0\i0\ul0\strike0 Las\f0\fs16\cf0\b0\i0\ul0\strike0
restricciones\f0\fs16\cf0\b0\i0\ul0\strike0
descritas\f0\fs16\cf0\b0\i0\ul0\strike0 arriba\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 basan\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
capacidad\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
para\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
liquidar\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
ellas\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
restringen\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
rescates\f0\fs16\cf0\b0\i0\ul0\strike0 s\u243?lo\f0\fs16\cf0\b0\i0\ul0\strike0
incumplen\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
requerimientos\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\par\pard\plain\li2609\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 liquidez\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 reservas,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 solamente\f0\fs16\cf0\b0\i0\ul0\strike0
hasta\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
momento\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 \u233?stos\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 cumplan.\f0\fs16\cf0\b0\i0\ul0\strike0
En\f0\fs16\cf0\b0\i0\ul0\strike0 consecuencia,\f0\fs16\cf0\b0\i0\ul0\strike0
siguiendo\f0\fs16\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li2609\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 criterios\f0\fs16\cf0\b0\i0\ul0\strike0
establecidos\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
32,\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
cabe\f0\fs16\cf0\b0\i0\ul0\strike0 clasificar\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
el\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
rrafo\f0\fs16\cf0\b0\i0\ul0\strike0 GA25\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 establece\f0\fs16\cf0\b0\i0\ul0\strike0
que:\par\pard\plain\li3346\sl-267\f0\fs14\cf0\b0\i0\ul0\strike0
Las\f0\fs14\cf0\b0\i0\ul0\strike0 acciones\f0\fs14\cf0\b0\i0\ul0\strike0
preferentes\f0\fs14\cf0\b0\i0\ul0\strike0 pueden\f0\fs14\cf0\b0\i0\ul0\strike0
emitirse\f0\fs14\cf0\b0\i0\ul0\strike0 con\f0\fs14\cf0\b0\i0\ul0\strike0
derechos\f0\fs14\cf0\b0\i0\ul0\strike0 diversos.\f0\fs14\cf0\b0\i0\ul0\strike0
Al\f0\fs14\cf0\b0\i0\ul0\strike0 determinar\f0\fs14\cf0\b0\i0\ul0\strike0
si\f0\fs14\cf0\b0\i0\ul0\strike0 una\f0\fs14\cf0\b0\i0\ul0\strike0 acci\u243?
n\f0\fs14\cf0\b0\i0\ul0\strike0 preferente\f0\fs14\cf0\b0\i0\ul0\strike0
es\f0\fs14\cf0\b0\i0\ul0\strike0 un\f0\fs14\cf0\b0\i0\ul0\strike0
pasivo\par\pard\plain\li3346\sl-173\f0\fs14\cf0\b0\i0\ul0\strike0
financiero\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
un\f0\fs14\cf0\b0\i0\ul0\strike0 instrumento\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 patrimonio,\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 emisor\f0\fs14\cf0\b0\i0\ul0\strike0
evaluar\u225?\f0\fs14\cf0\b0\i0\ul0\strike0 los\f0\fs14\cf0\b0\i0\ul0\strike0
derechos\f0\fs14\cf0\b0\i0\ul0\strike0 particulares\f0\fs14\cf0\b0\i0\ul0\strike0
concedidos\f0\fs14\cf0\b0\i0\ul0\strike0 a\f0\fs14\cf0\b0\i0\ul0\strike0
la\f0\fs14\cf0\b0\i0\ul0\strike0 acci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0
para\par\pard\plain\li3346\sl-172\f0\fs14\cf0\b0\i0\ul0\strike0
determinar\f0\fs14\cf0\b0\i0\ul0\strike0 si\f0\fs14\cf0\b0\i0\ul0\strike0
posee\f0\fs14\cf0\b0\i0\ul0\strike0 la\f0\fs14\cf0\b0\i0\ul0\strike0
caracter\u237?stica\f0\fs14\cf0\b0\i0\ul0\strike0
fundamental\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
financiero.\f0\fs14\cf0\b0\i0\ul0\strike0 Por\f0\fs14\cf0\b0\i0\ul0\strike0
ejemplo,\f0\fs14\cf0\b0\i0\ul0\strike0 una\f0\fs14\cf0\b0\i0\ul0\strike0
acci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 preferente\f0\fs14\cf0\b0\i0\ul0\strike0
contemple\f0\fs14\cf0\b0\i0\ul0\strike0 su\f0\fs14\cf0\b0\i0\ul0\strike0
rescate\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
una\f0\fs14\cf0\b0\i0\ul0\strike0 fecha\f0\fs14\cf0\b0\i0\ul0\strike0 espec\u237?
fica\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
a\f0\fs14\cf0\b0\i0\ul0\strike0 voluntad\f0\fs14\cf0\b0\i0\ul0\strike0
del\f0\fs14\cf0\b0\i0\ul0\strike0 tenedor,\f0\fs14\cf0\b0\i0\ul0\strike0
contiene\f0\fs14\cf0\b0\i0\ul0\strike0 un\f0\fs14\cf0\b0\i0\ul0\strike0
pasivo\f0\fs14\cf0\b0\i0\ul0\strike0 financiero,\f0\fs14\cf0\b0\i0\ul0\strike0
porque\f0\fs14\cf0\b0\i0\ul0\strike0 el\par\pard\plain\li3346\sl-
173\f0\fs14\cf0\b0\i0\ul0\strike0 emisor\f0\fs14\cf0\b0\i0\ul0\strike0
tiene\f0\fs14\cf0\b0\i0\ul0\strike0 la\f0\fs14\cf0\b0\i0\ul0\strike0
obligaci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
transferir\f0\fs14\cf0\b0\i0\ul0\strike0 activos\f0\fs14\cf0\b0\i0\ul0\strike0
financieros\f0\fs14\cf0\b0\i0\ul0\strike0 al\f0\fs14\cf0\b0\i0\ul0\strike0
la\f0\fs14\cf0\b0\i0\ul0\strike0 acci\u243?n.\f0\fs14\cf0\b0\i\ul0\strike0
La\f0\fs14\cf0\b0\i\ul0\strike0 posible\f0\fs14\cf0\b0\i\ul0\strike0
incapacidad\f0\fs14\cf0\b0\i\ul0\strike0 del\par\pard\plain\li3346\sl-
172\f0\fs14\cf0\b0\i\ul0\strike0 emisor\f0\fs14\cf0\b0\i\ul0\strike0
para\f0\fs14\cf0\b0\i\ul0\strike0 satisfacer\f0\fs14\cf0\b0\i\ul0\strike0
la\f0\fs14\cf0\b0\i\ul0\strike0 obligaci\u243?n\f0\fs14\cf0\b0\i\ul0\strike0
de\f0\fs14\cf0\b0\i\ul0\strike0 rescatar\f0\fs14\cf0\b0\i\ul0\strike0
una\f0\fs14\cf0\b0\i\ul0\strike0 acci\u243?n\f0\fs14\cf0\b0\i\ul0\strike0
preferente,\f0\fs14\cf0\b0\i\ul0\strike0 cuando\f0\fs14\cf0\b0\i\ul0\strike0
sea\f0\fs14\cf0\b0\i\ul0\strike0 requerido\f0\fs14\cf0\b0\i\ul0\strike0
en\f0\fs14\cf0\b0\i\ul0\strike0 los\f0\fs14\cf0\b0\i\ul0\strike0 t\u233?
rminos\par\pard\plain\li3346\sl-172\f0\fs14\cf0\b0\i\ul0\strike0
contractuales\f0\fs14\cf0\b0\i\ul0\strike0 para\f0\fs14\cf0\b0\i\ul0\strike0
hacerlo,\f0\fs14\cf0\b0\i\ul0\strike0 ya\f0\fs14\cf0\b0\i\ul0\strike0
sea\f0\fs14\cf0\b0\i\ul0\strike0 ocasionada\f0\fs14\cf0\b0\i\ul0\strike0
por\f0\fs14\cf0\b0\i\ul0\strike0 falta\f0\fs14\cf0\b0\i\ul0\strike0
de\f0\fs14\cf0\b0\i\ul0\strike0 fondos,\f0\fs14\cf0\b0\i\ul0\strike0
por\f0\fs14\cf0\b0\i\ul0\strike0 restricciones\f0\fs14\cf0\b0\i\ul0\strike0
legales\f0\fs14\cf0\b0\i\ul0\strike0 o\f0\fs14\cf0\b0\i\ul0\strike0
por\f0\fs14\cf0\b0\i\ul0\strike0 tener\par\pard\plain\li3346\sl-
173\f0\fs14\cf0\b0\i\ul0\strike0 insuficientes\f0\fs14\cf0\b0\i\ul0\strike0
reservas\f0\fs14\cf0\b0\i\ul0\strike0 o\f0\fs14\cf0\b0\i\ul0\strike0
ganancias,\f0\fs14\cf0\b0\i\ul0\strike0 no\f0\fs14\cf0\b0\i\ul0\strike0
niega\f0\fs14\cf0\b0\i\ul0\strike0 la\f0\fs14\cf0\b0\i\ul0\strike0
existencia\f0\fs14\cf0\b0\i\ul0\strike0 de\f0\fs14\cf0\b0\i\ul0\strike0
la\f0\fs14\cf0\b0\i\ul0\strike0 obligaci\u243?n.\f0\fs14\cf0\b0\i0\ul0\strike0
[\u201?nfasis\f0\fs14\cf0\b0\i0\ul0\strike0 a\u241?adido]\par\pard\plain\sl-
Prohibici\u243?n\f1\fs24\cf0\b\i0\ul0\strike0 de\f1\fs24\cf0\b\i0\ul0\strike0
rescate\f1\fs24\cf0\b\i0\ul0\strike0 (p\u225?rrafos\f1\fs24\cf0\b\i0\ul0\strike0
8\f1\fs24\cf0\b\i0\ul0\strike0 y\f1\fs24\cf0\b\i0\ul0\strike0
9)\par\pard\plain\sl-200\par\pard\plain\sl-278\par\pard\plain\li2610\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 Una\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0
ha\f0\fs16\cf0\b0\i0\ul0\strike0 emitido\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 diferentes\f0\fs16\cf0\b0\i0\ul0\strike0
fechas\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 distintos\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 importes,\f0\fs16\cf0\b0\i0\ul0\strike0
con\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
siguiente\f0\fs16\cf0\b0\i0\ul0\strike0
detalle:\par\sect\sected\sbknone\cols2\colno1\colw3330\colsr10\colno2\colw8900\pard
\plain\li2609\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0 (a)\par\pard\plain\li2609\sl-
298\f0\fs16\cf0\b0\i0\ul0\strike0 (b)\par\pard\plain\li0\sl-
299\column\f0\fs16\cf0\b0\i0\ul0\strike0 1\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 20X1,\f0\fs16\cf0\b0\i0\ul0\strike0
100.000\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 cada\f0\fs16\cf0\b0\i0\ul0\strike0
uno\f0\fs16\cf0\b0\i0\ul0\strike0 (1.000.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.);\par\pard\plain\li0\sl-298\f0\fs16\cf0\b0\i0\ul0\strike0
20X2,\f0\fs16\cf0\b0\i0\ul0\strike0 100.000\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
tulos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
20\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.\f0\fs16\cf0\b0\i0\ul0\strike0
cada\f0\fs16\cf0\b0\i0\ul0\strike0 uno\f0\fs16\cf0\b0\i0\ul0\strike0
(2.000.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.\f0\fs16\cf0\b0\i0\ul0\strike0
adicionales,\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
lo\f0\fs16\cf0\b0\i0\ul0\strike0
que\par\sect\sected\sbknone\cols1\colno1\colw12240\pard\plain\li3345\sl-
total\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
emitidos\f0\fs16\cf0\b0\i0\ul0\strike0 suman\f0\fs16\cf0\b0\i0\ul0\strike0
3.000.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.).\par\pard\plain\li2609\sl-
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
rescatables\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
petici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
tenedor,\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
al\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
fueron\f0\fs16\cf0\b0\i0\ul0\strike0
emitidas.\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\par
d\plain\sl-233\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
160\f0\fs16\cf0\b0\i0\ul0\strike0 Los\f0\fs16\cf0\b0\i0\ul0\strike0
establecen\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 rescates\f0\fs16\cf0\b0\i0\ul0\strike0
acumulados\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
pueden\f0\fs16\cf0\b0\i0\ul0\strike0 exceder\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 20\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 ciento\f0\fs16\cf0\b0\i0\ul0\strike0
del\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?
mero\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?ximo\f0\fs16\cf0\b0\i0\ul0\strike0
hist\u243?rico\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
circulaci\u243?n.\f0\fs16\cf0\b0\i0\ul0\strike0 A\f0\fs16\cf0\b0\i0\ul0\strike0
diciembre\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
20X2,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 tiene\f0\fs16\cf0\b0\i0\ul0\strike0
200.000\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
tulos\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
circulaci\u243?n,\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?
mero\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?ximo\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
representativos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
han\f0\fs16\cf0\b0\i0\ul0\strike0 estado\f0\fs16\cf0\b0\i0\ul0\strike0
en\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 circulaci\u243?
su\f0\fs16\cf0\b0\i0\ul0\strike0 historia,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 ninguno\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 ellos\f0\fs16\cf0\b0\i0\ul0\strike0
ha\f0\fs16\cf0\b0\i0\ul0\strike0 sido\f0\fs16\cf0\b0\i0\ul0\strike0
objeto\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 pasado.\f0\fs16\cf0\b0\i0\ul0\strike0
El\f0\fs16\cf0\b0\i0\ul0\strike0 1\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 20X3,\par\pard\plain\li1\sl-
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 modifica\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 estatutos,\f0\fs16\cf0\b0\i0\ul0\strike0
incrementando\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
nivel\f0\fs16\cf0\b0\i0\ul0\strike0 permitido\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 rescates\f0\fs16\cf0\b0\i0\ul0\strike0
acumulados\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
ciento\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs16\cf0\b0\i0\ul0\strike0
m\u225?ximo\f0\fs16\cf0\b0\i0\ul0\strike0 hist\u243?
rico\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
circulaci\u243?n.\par\pard\plain\sl-276\par\pard\plain\li1\sl-
191\f1\fs20\cf0\b\i0\ul0\strike0 Clasificaci\u243?n\par\pard\plain\sl-
200\par\pard\plain\sl-316\par\pard\plain\li1\sl-191\f1\fs20\cf0\b0\i\ul0\strike0
Antes\f1\fs20\cf0\b0\i\ul0\strike0 de\f1\fs20\cf0\b0\i\ul0\strike0
modificar\f1\fs20\cf0\b0\i\ul0\strike0 los\f1\fs20\cf0\b0\i\ul0\strike0
estatutos\par\pard\plain\sl-323\par\pard\plain\li0\sl-
que\f0\fs16\cf0\b0\i0\ul0\strike0 superen\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 l\u237?mite\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0 financieros.\f0\fs16\cf0\b0\i0\ul0\strike0
En\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 momento\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
reconocimiento\f0\fs16\cf0\b0\i0\ul0\strike0
inicial,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
medir\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 financiero\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
valor\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
razonable.\f0\fs16\cf0\b0\i0\ul0\strike0 Puesto\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 estas\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
rescatables\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
voluntad\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
tenedor,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativa\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 medir\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 valor\f0\fs16\cf0\b0\i0\ul0\strike0
razonable\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
financieros\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
dispone\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 p\u225?
NIIF\f0\fs16\cf0\b0\i0\ul0\strike0 13:\f0\fs16\cf0\b0\i0\ul0\strike0 \u8220?
El\f0\fs16\cf0\b0\i0\ul0\strike0
valor\par\sect\sected\sbknone\cols3\colno1\colw5770\colsr10\colno2\colw4790\colsr10
\colno3\colw1660\pard\plain\sl-200\par\pard\plain\sl-359\par\pard\plain\li5662\sl-
200\par\pard\plain\sl-377\par\pard\plain\li0\sl-144\f0\fs16\cf0\b0\i0\ul0\strike0 5
160\f0\fs16\cf0\b0\i0\ul0\strike0 razonable\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
con\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0
caracter\u237?stica\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
haga\f0\fs16\cf0\b0\i0\ul0\strike0 exigible\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 petici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 acreedor\f0\fs16\cf0\b0\i0\ul0\strike0
(por\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo,\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0 dep\u243?
sito\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 vista)\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
inferior\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
pagar\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 cancelaci\u243?
n...\u8221?.\f0\fs16\cf0\b0\i0\ul0\strike0 Por\f0\fs16\cf0\b0\i0\ul0\strike0
consiguiente,\f0\fs16\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li2609\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0
clasificar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0 financieros\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 pagadero\f0\fs16\cf0\b0\i0\ul0\strike0
del\par\pard\plain\li2609\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 disposiciones\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0
rescate.\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard
\plain\li1874\sl-299\f0\fs16\cf0\b0\i0\ul0\strike0 A9\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 A10\par\pard\plain\sl-200\par\pard\plain\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 A13\par\pard\plain\li0\sl-
299\column\f0\fs16\cf0\b0\i0\ul0\strike0 El\f0\fs16\cf0\b0\i0\ul0\strike0
20X1,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0 pagar\u237?
a,\f0\fs16\cf0\b0\i0\ul0\strike0 seg\u250?n\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 cl\u225?usulas\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 rescate,\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
20.000\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
tulos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
cada\f0\fs16\cf0\b0\i0\ul0\strike0 uno,\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0
clasificar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
200.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.\f0\fs16\cf0\b0\i0\ul0\strike0
800.000\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio.\f0\fs16\cf0\b0\i0\ul0\strike0 No\f0\fs16\cf0\b0\i0\ul0\strike0
obstante,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
20X2,\f0\fs16\cf0\b0\i0\ul0\strike0 tras\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 nueva\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?
u.m.,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?ximo\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0 deber\u237?
a\f0\fs16\cf0\b0\i0\ul0\strike0 pagar\f0\fs16\cf0\b0\i0\ul0\strike0 seg\u250?
n\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0 cl\u225?
usulas\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
incrementar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
hasta\f0\fs16\cf0\b0\i0\ul0\strike0 40.000\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
uno.\f0\fs16\cf0\b0\i0\ul0\strike0 La\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?
adicionales\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
crea\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
nuevo\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
medir\u225?,\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
reconocerlo\f0\fs16\cf0\b0\i0\ul0\strike0
inicialmente,\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 valor\f0\fs16\cf0\b0\i0\ul0\strike0
razonable.\f0\fs16\cf0\b0\i0\ul0\strike0 El\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 tras\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
nuevas\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 ciento\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
han\f0\fs16\cf0\b0\i0\ul0\strike0 emitido\f0\fs16\cf0\b0\i0\ul0\strike0
(200.000),\f0\fs16\cf0\b0\i0\ul0\strike0 medidos\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 20\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 cada\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 uno,\f0\fs16\cf0\b0\i0\ul0\strike0
lo\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
supone\f0\fs16\cf0\b0\i0\ul0\strike0 800.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 Este\f0\fs16\cf0\b0\i0\ul0\strike0
hecho\f0\fs16\cf0\b0\i0\ul0\strike0 requiere\f0\fs16\cf0\b0\i0\ul0\strike0
reconocer\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 adicional\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 600.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 En\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 reconoce\f0\fs16\cf0\b0\i0\ul0\strike0
ni\f0\fs16\cf0\b0\i0\ul0\strike0 ganancias\f0\fs16\cf0\b0\i0\ul0\strike0
ni\f0\fs16\cf0\b0\i0\ul0\strike0 p\u233?rdidas.\f0\fs16\cf0\b0\i0\ul0\strike0
Por\f0\fs16\cf0\b0\i0\ul0\strike0 consiguiente,\f0\fs16\cf0\b0\i0\ul0\strike0
clasificar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 ahora\f0\fs16\cf0\b0\i0\ul0\strike0
800.000\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 2.200.000\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
supone\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
estos\f0\fs16\cf0\b0\i0\ul0\strike0 importes\f0\fs16\cf0\b0\i0\ul0\strike0
no\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
han\f0\fs16\cf0\b0\i0\ul0\strike0 cambiado\f0\fs16\cf0\b0\i0\ul0\strike0
entre\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
20X1\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 diciembre\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 20X2.\par\pard\plain\sl-
332\par\pard\plain\li0\sl-191\f1\fs20\cf0\b0\i\ul0\strike0 Despu\u233?
s\f1\fs20\cf0\b0\i\ul0\strike0 de\f1\fs20\cf0\b0\i\ul0\strike0
modificar\f1\fs20\cf0\b0\i\ul0\strike0 los\f1\fs20\cf0\b0\i\ul0\strike0
estatutos\par\pard\plain\sl-323\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 Despu\u233?s\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 cambio\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 sus\f0\fs16\cf0\b0\i0\ul0\strike0
estatutos,\f0\fs16\cf0\b0\i0\ul0\strike0 puede\f0\fs16\cf0\b0\i0\ul0\strike0
ahora\f0\fs16\cf0\b0\i0\ul0\strike0 requerirse\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 rescate\f0\fs16\cf0\b0\i0\ul0\strike0
un\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
ciento\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 circulaci\u243?n,\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
50.000\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?tulos\f0\fs16\cf0\b0\i0\ul0\strike0
uno.\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
Por\f0\fs16\cf0\b0\i0\ul0\strike0 consiguiente,\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 20X3\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 NIIF\f0\fs16\cf0\b0\i0\ul0\strike0
13,\f0\fs16\cf0\b0\i0\ul0\strike0 1.000.000\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.,\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 cuyo\f0\fs16\cf0\b0\i0\ul0\strike0
pago\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
le\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 podr\u237?
a\f0\fs16\cf0\b0\i0\ul0\strike0 requerir\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 tenedor,\f0\fs16\cf0\b0\i0\ul0\strike0
seg\u250?n\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
cl\u225?usulas\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescate.\f0\fs16\cf0\b0\i0\ul0\strike0 Por\f0\fs16\cf0\b0\i0\ul0\strike0
tanto,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
20X3\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
transferir\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
200.000\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio,\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
dejando\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio,\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
2.000.000\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo,\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 reconocer\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
ninguna\f0\fs16\cf0\b0\i0\ul0\strike0 ganancia\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 p\u233?rdida\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 transferencia.\par\pard\plain\sl-
262\par\pard\plain\li0\sl-191\f1\fs20\cf0\b\i0\ul0\strike0 Datos\par\pard\plain\sl-
La\f0\fs16\cf0\b0\i0\ul0\strike0 ley\f0\fs16\cf0\b0\i0\ul0\strike0
local\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
regula\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
actividades\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativas,\f0\fs16\cf0\b0\i0\ul0\strike0
requisitos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
entidad,\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 proh\u237?
ben\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 cuando\f0\fs16\cf0\b0\i0\ul0\strike0
eso\f0\fs16\cf0\b0\i0\ul0\strike0 suponga\f0\fs16\cf0\b0\i0\ul0\strike0
reducir\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
capital\f0\fs16\cf0\b0\i0\ul0\strike0 desembolsado\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 correspondiente\f0\fs16\cf0\b0\i0\ul0\strike0
mismas,\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
debajo\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
ciento\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?ximo\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 haya\f0\fs16\cf0\b0\i0\ul0\strike0
alcanzado.\f0\fs16\cf0\b0\i0\ul0\strike0 Este\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?
ximo\f0\fs16\cf0\b0\i0\ul0\strike0 asciende,\f0\fs16\cf0\b0\i0\ul0\strike0
para\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0
cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
particular,\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
1.000.000\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 Al\f0\fs16\cf0\b0\i0\ul0\strike0
final\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
periodo\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\par\pard\plain\li0\sl-
que\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 informa,\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 saldo\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 capital\f0\fs16\cf0\b0\i0\ul0\strike0
desembolsado\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 900.00\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\par\pard\plain\sl-276\par\pard\plain\li0\sl-191\f1\fs20\cf0\b\i0\ul0\strike0
Clasificaci\u243?n\par\pard\plain\sl-322\par\pard\plain\li0\sl-
este\f0\fs16\cf0\b0\i0\ul0\strike0 caso,\f0\fs16\cf0\b0\i0\ul0\strike0
ser\u237?an\f0\fs16\cf0\b0\i0\ul0\strike0
clasificadas\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
financieros.\par\pard\plain\li0\sl-207\f0\fs16\cf0\b0\i0\ul0\strike0 Adem\u225?
s\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
ya\f0\fs16\cf0\b0\i0\ul0\strike0 citados,\f0\fs16\cf0\b0\i0\ul0\strike0
18(b)\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 parte:\par\pard\plain\li737\sl-
268\f0\fs14\cf0\b0\i0\ul0\strike0 ...\f2\fs14\cf0\b0\i0\ul0\strike0
\f0\fs14\cf0\b0\i0\ul0\strike0 un\f0\fs14\cf0\b0\i0\ul0\strike0
instrumento\f0\fs14\cf0\b0\i0\ul0\strike0 financiero\f0\fs14\cf0\b0\i0\ul0\strike0
que\f0\fs14\cf0\b0\i0\ul0\strike0 proporcione\f0\fs14\cf0\b0\i0\ul0\strike0
a\f0\fs14\cf0\b0\i0\ul0\strike0 devolverlo\f0\fs14\cf0\b0\i0\ul0\strike0
al\f0\fs14\cf0\b0\i0\ul0\strike0 emisor,\f0\fs14\cf0\b0\i0\ul0\strike0
a\f0\fs14\cf0\b0\i0\ul0\strike0 cambio\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 efectivo\f0\fs14\cf0\b0\i0\ul0\strike0
u\par\pard\plain\li737\sl-172\f0\fs14\cf0\b0\i0\ul0\strike0
otro\f0\fs14\cf0\b0\i0\ul0\strike0 activo\f0\fs14\cf0\b0\i0\ul0\strike0
financiero\f0\fs14\cf0\b0\i0\ul0\strike0 (un\f0\fs14\cf0\b0\i0\ul0\strike0
\u8220?instrumento\f0\fs14\cf0\b0\i0\ul0\strike0 con\f0\fs14\cf0\b0\i0\ul0\strike0
opci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
venta\u8221?),\f0\fs14\cf0\b0\i0\ul0\strike0 es\f0\fs14\cf0\b0\i0\ul0\strike0
financiero,\f0\fs14\cf0\b0\i0\ul0\strike0 excepto\f0\fs14\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
los\f0\fs14\cf0\b0\i0\ul0\strike0 p\u225?rrafos\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 16C\f0\fs14\cf0\b0\i0\ul0\strike0
y\f0\fs14\cf0\b0\i0\ul0\strike0 16D.\f0\fs14\cf0\b0\i0\ul0\strike0
El\f0\fs14\cf0\b0\i0\ul0\strike0 instrumento\f0\fs14\cf0\b0\i0\ul0\strike0
financiero\f0\fs14\cf0\b0\i0\ul0\strike0 es\f0\fs14\cf0\b0\i0\ul0\strike0
financiero\f0\fs14\cf0\b0\i0\ul0\strike0 incluso\f0\fs14\cf0\b0\i0\ul0\strike0
cuando\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
efectivo\f0\fs14\cf0\b0\i0\ul0\strike0 u\f0\fs14\cf0\b0\i0\ul0\strike0
otro\f0\fs14\cf0\b0\i0\ul0\strike0 activo\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 financiero\f0\fs14\cf0\b0\i0\ul0\strike0
se\f0\fs14\cf0\b0\i0\ul0\strike0 determine\f0\fs14\cf0\b0\i0\ul0\strike0
sobre\f0\fs14\cf0\b0\i0\ul0\strike0 la\f0\fs14\cf0\b0\i0\ul0\strike0
base\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
un\f0\fs14\cf0\b0\i0\ul0\strike0 \u237?ndice\f0\fs14\cf0\b0\i0\ul0\strike0
u\f0\fs14\cf0\b0\i0\ul0\strike0 otro\f0\fs14\cf0\b0\i0\ul0\strike0
elemento\f0\fs14\cf0\b0\i0\ul0\strike0 que\f0\fs14\cf0\b0\i0\ul0\strike0
tenga\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
potencial\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
aumentar\f0\fs14\cf0\b0\i0\ul0\strike0 o\f0\fs14\cf0\b0\i0\ul0\strike0
disminuir.\par\pard\plain\li737\sl-173\f0\fs14\cf0\b0\i0\ul0\strike0
La\f0\fs14\cf0\b0\i0\ul0\strike0 existencia\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 una\f0\fs14\cf0\b0\i0\ul0\strike0 opci\u243?
n\f0\fs14\cf0\b0\i0\ul0\strike0 que\f0\fs14\cf0\b0\i0\ul0\strike0
proporcione\f0\fs14\cf0\b0\i0\ul0\strike0 al\f0\fs14\cf0\b0\i0\ul0\strike0
tenedor\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
derecho\f0\fs14\cf0\b0\i0\ul0\strike0 a\f0\fs14\cf0\b0\i0\ul0\strike0
devolver\f0\fs14\cf0\b0\i0\ul0\strike0 el\f0\fs14\cf0\b0\i0\ul0\strike0
instrumento\f0\fs14\cf0\b0\i0\ul0\strike0 al\f0\fs14\cf0\b0\i0\ul0\strike0
emisor\f0\fs14\cf0\b0\i0\ul0\strike0 a\f0\fs14\cf0\b0\i0\ul0\strike0
cambio\f0\fs14\cf0\b0\i0\ul0\strike0 de\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 efectivo\f0\fs14\cf0\b0\i0\ul0\strike0
u\f0\fs14\cf0\b0\i0\ul0\strike0 otro\f0\fs14\cf0\b0\i0\ul0\strike0
activo\f0\fs14\cf0\b0\i0\ul0\strike0 financiero\f0\fs14\cf0\b0\i0\ul0\strike0
significa\f0\fs14\cf0\b0\i0\ul0\strike0 que\f0\fs14\cf0\b0\i0\ul0\strike0
con\f0\fs14\cf0\b0\i0\ul0\strike0 opci\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0
de\f0\fs14\cf0\b0\i0\ul0\strike0 venta\f0\fs14\cf0\b0\i0\ul0\strike0
cumple\f0\fs14\cf0\b0\i0\ul0\strike0 la\f0\fs14\cf0\b0\i0\ul0\strike0
definici\u243?n\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
un\f0\fs14\cf0\b0\i0\ul0\strike0 pasivo\par\pard\plain\li737\sl-
172\f0\fs14\cf0\b0\i0\ul0\strike0 financiero,\f0\fs14\cf0\b0\i0\ul0\strike0
excepto\f0\fs14\cf0\b0\i0\ul0\strike0 en\f0\fs14\cf0\b0\i0\ul0\strike0
el\f0\fs14\cf0\b0\i0\ul0\strike0 caso\f0\fs14\cf0\b0\i0\ul0\strike0
patrimonio\f0\fs14\cf0\b0\i0\ul0\strike0 de\f0\fs14\cf0\b0\i0\ul0\strike0
los\par\pard\plain\li737\sl-173\f0\fs14\cf0\b0\i0\ul0\strike0 p\u225?
rrafos\f0\fs14\cf0\b0\i0\ul0\strike0 16A\f0\fs14\cf0\b0\i0\ul0\strike0
16C\f0\fs14\cf0\b0\i0\ul0\strike0 y\f0\fs14\cf0\b0\i0\ul0\strike0
16D.\par\pard\plain\sl-229\par\pard\plain\li0\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
descrita\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 diferente\f0\fs16\cf0\b0\i0\ul0\strike0
restricciones\f0\fs16\cf0\b0\i0\ul0\strike0 aludidas\f0\fs16\cf0\b0\i0\ul0\strike0
rrafos\par\pard\plain\li0\sl-207\f0\fs16\cf0\b0\i0\ul0\strike0
32.\f0\fs16\cf0\b0\i0\ul0\strike0 Esas\f0\fs16\cf0\b0\i0\ul0\strike0
restricciones\f0\fs16\cf0\b0\i0\ul0\strike0 limitan\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 capacidad\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
pagar\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 debido\par\pard\plain\li0\sl-
financiero,\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
decir,\f0\fs16\cf0\b0\i0\ul0\strike0 impiden\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 pago\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
dan\f0\fs16\cf0\b0\i0\ul0\strike0 ciertas\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones\f0\fs16\cf0\b0\i0\ul0\strike0 espec\u237?ficas.\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 Por\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 contrario,\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
describe\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescatar\f0\fs16\cf0\b0\i0\ul0\strike0 por\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 encima\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 espec\u237?
fico,\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
independencia\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 capacidad\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 tenga\f0\fs16\cf0\b0\i0\ul0\strike0
para\f0\fs16\cf0\b0\i0\ul0\strike0 rescatar\f0\fs16\cf0\b0\i0\ul0\strike0
(por\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo,\f0\fs16\cf0\b0\i0\ul0\strike0
contando\f0\fs16\cf0\b0\i0\ul0\strike0 con\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 recursos\f0\fs16\cf0\b0\i0\ul0\strike0 l\u237?
quidos,\f0\fs16\cf0\b0\i0\ul0\strike0 ganancias\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 reservas\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 distribuibles).\f0\fs16\cf0\b0\i0\ul0\strike0
En\f0\fs16\cf0\b0\i0\ul0\strike0 efecto,\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
supuesto\f0\fs16\cf0\b0\i0\ul0\strike0 impide\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 incurrir,\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 efecto\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
rescate,\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
cualquier\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
rescatar\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?s\f0\fs16\cf0\b0\i0\ul0\strike0
determinado\f0\fs16\cf0\b0\i0\ul0\strike0 monto\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 capital\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 desembolsado.\f0\fs16\cf0\b0\i0\ul0\strike0
Por\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
tanto,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
parte\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
sujeta\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 rescate,\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\par\sect\sected\sbknone\cols3\colno1\colw5650\colsr10\colno2\colw110\colsr10
\colno3\colw6460\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
6\par\pard\column\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
IFRS\f0\fs16\cf0\b0\i0\ul0\strike0
Foundation\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\sected\cols1\colno1\colw12240
\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
CINIIF\f0\fs18\cf0\b0\i0\ul0\strike0 2\par\pard\plain\sl-200\par\pard\plain\sl-
financiero.\f0\fs16\cf0\b0\i0\ul0\strike0 Aunque\f0\fs16\cf0\b0\i0\ul0\strike0
cada\f0\fs16\cf0\b0\i0\ul0\strike0 uno\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
tulos\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
componen\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
aportaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
individualmente\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
considerado,\f0\fs16\cf0\b0\i0\ul0\strike0 puede\f0\fs16\cf0\b0\i0\ul0\strike0
ser\f0\fs16\cf0\b0\i0\ul0\strike0 rescatado,\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 parte\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 total\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0 t\u237?
circulaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 rescatable\f0\fs16\cf0\b0\i0\ul0\strike0
en\par\pard\plain\li2610\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
circunstancia\f0\fs16\cf0\b0\i0\ul0\strike0 alguna,\f0\fs16\cf0\b0\i0\ul0\strike0
excepto\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
liquidaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad.\par\pard\plain\sl-
Los\f0\fs16\cf0\b0\i0\ul0\strike0 datos\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 este\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 son\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 mismos\f0\fs16\cf0\b0\i0\ul0\strike0
del\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
4\f0\fs16\cf0\b0\i0\ul0\strike0 anterior.\f0\fs16\cf0\b0\i0\ul0\strike0
Adem\u225?s,\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
periodo\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\par\pard\plain\li1\sl-
informa,\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
requerimientos\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
liquidez\f0\fs16\cf0\b0\i0\ul0\strike0 impuestos\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
normativa\f0\fs16\cf0\b0\i0\ul0\strike0 local\f0\fs16\cf0\b0\i0\ul0\strike0
impiden\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 entidad\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 rescatar\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 socios,\f0\fs16\cf0\b0\i0\ul0\strike0
salvo\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 caso\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 disponibilidades\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 efectivo\f0\fs16\cf0\b0\i0\ul0\strike0
e\f0\fs16\cf0\b0\i0\ul0\strike0 inversiones\f0\fs16\cf0\b0\i0\ul0\strike0
a\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
corto\f0\fs16\cf0\b0\i0\ul0\strike0 plazo\f0\fs16\cf0\b0\i0\ul0\strike0
sean\f0\fs16\cf0\b0\i0\ul0\strike0 superiores\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
determinado\f0\fs16\cf0\b0\i0\ul0\strike0 importe.\f0\fs16\cf0\b0\i0\ul0\strike0
Esta\f0\fs16\cf0\b0\i0\ul0\strike0 obligaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
dar\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 lugar\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 pueda,\par\pard\plain\li1\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
periodo\f0\fs16\cf0\b0\i0\ul0\strike0 sobre\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 informa,\f0\fs16\cf0\b0\i0\ul0\strike0
destinar\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?s\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 50.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 socios.\par\pard\plain\sl-
Al\f0\fs16\cf0\b0\i0\ul0\strike0 igual\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
4,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0
como\f0\fs16\cf0\b0\i0\ul0\strike0 patrimonio,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 150.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 como\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero.\f0\fs16\cf0\b0\i0\ul0\strike0 Esto\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 as\u237?\f0\fs16\cf0\b0\i0\ul0\strike0
porque\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
clasificaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
fundamenta\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 derecho\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 incondicional\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
rechazar\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate,\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
condicionales\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
impiden\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
realizarlo\f0\fs16\cf0\b0\i0\ul0\strike0
exclusivamente\f0\fs16\cf0\b0\i0\ul0\strike0 cuando\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 requisitos\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 liquidez\f0\fs16\cf0\b0\i0\ul0\strike0
u\f0\fs16\cf0\b0\i0\ul0\strike0 otros\f0\fs16\cf0\b0\i0\ul0\strike0
requisitos\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 cumplan,\f0\fs16\cf0\b0\i0\ul0\strike0
y\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?nicamente\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 durante\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 tiempo\f0\fs16\cf0\b0\i0\ul0\strike0
esta\f0\fs16\cf0\b0\i0\ul0\strike0 circunstancia\f0\fs16\cf0\b0\i0\ul0\strike0
persista.\f0\fs16\cf0\b0\i0\ul0\strike0 Se\f0\fs16\cf0\b0\i0\ul0\strike0
aplica\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 caso\f0\fs16\cf0\b0\i0\ul0\strike0
lo\f0\fs16\cf0\b0\i0\ul0\strike0 previsto\f0\fs16\cf0\b0\i0\ul0\strike0
rrafos\f0\fs16\cf0\b0\i0\ul0\strike0 19\f0\fs16\cf0\b0\i0\ul0\strike0
y\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
32\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 caso.\par\pard\plain\sl-
262\par\pard\plain\li1\sl-191\f1\fs20\cf0\b\i0\ul0\strike0 Datos\par\pard\plain\sl-
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 proh\u237?ben\f0\fs16\cf0\b0\i0\ul0\strike0
salvo\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 importe\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 utilizado\f0\fs16\cf0\b0\i0\ul0\strike0
proceda\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
adicionales\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
socios,\f0\fs16\cf0\b0\i0\ul0\strike0 ya\f0\fs16\cf0\b0\i0\ul0\strike0
sean\f0\fs16\cf0\b0\i0\ul0\strike0 nuevos\f0\fs16\cf0\b0\i0\ul0\strike0
o\f0\fs16\cf0\b0\i0\ul0\strike0 antiguos,\f0\fs16\cf0\b0\i0\ul0\strike0
durante\f0\fs16\cf0\b0\i0\ul0\strike0 los\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 tres\f0\fs16\cf0\b0\i0\ul0\strike0 a\u241?
os\f0\fs16\cf0\b0\i0\ul0\strike0 anteriores.\f0\fs16\cf0\b0\i0\ul0\strike0
El\f0\fs16\cf0\b0\i0\ul0\strike0 producto\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?
debe\f0\fs16\cf0\b0\i0\ul0\strike0 aplicarse\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 pagar\f0\fs16\cf0\b0\i0\ul0\strike0
el\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
hayan\f0\fs16\cf0\b0\i0\ul0\strike0 solicitado.\f0\fs16\cf0\b0\i0\ul0\strike0
A\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
largo\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 tres\f0\fs16\cf0\b0\i0\ul0\strike0 a\u241?
os\f0\fs16\cf0\b0\i0\ul0\strike0 anteriores,\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 han\f0\fs16\cf0\b0\i0\ul0\strike0
recibido\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
socios,\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
ha\f0\fs16\cf0\b0\i0\ul0\strike0 realizado\f0\fs16\cf0\b0\i0\ul0\strike0
ning\u250?n\f0\fs16\cf0\b0\i0\ul0\strike0 rescate.\par\pard\plain\sl-
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 financiero.\f0\fs16\cf0\b0\i0\ul0\strike0
De\f0\fs16\cf0\b0\i0\ul0\strike0 acuerdo\f0\fs16\cf0\b0\i0\ul0\strike0
con\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
lo\f0\fs16\cf0\b0\i0\ul0\strike0 se\u241?alado\f0\fs16\cf0\b0\i0\ul0\strike0
ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0 4,\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 sometidas\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 una\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 incondicional\f0\fs16\cf0\b0\i0\ul0\strike0
rescatar\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u225?
n\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\f0\fs16\cf0\b0\i0\ul0\strike0
financiero.\f0\fs16\cf0\b0\i0\ul0\strike0 Esta\f0\fs16\cf0\b0\i0\ul0\strike0
prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
aplicable\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 importe\f0\fs16\cf0\b0\i0\ul0\strike0
igual\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
lo\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
recibido\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
emitidas\f0\fs16\cf0\b0\i0\ul0\strike0 antes\f0\fs16\cf0\b0\i0\ul0\strike0
tres\f0\fs16\cf0\b0\i0\ul0\strike0 a\u241?os\f0\fs16\cf0\b0\i0\ul0\strike0
precedentes\f0\fs16\cf0\b0\i0\ul0\strike0 y,\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 consecuencia,\f0\fs16\cf0\b0\i0\ul0\strike0
esa\f0\fs16\cf0\b0\i0\ul0\strike0 cantidad\f0\fs16\cf0\b0\i0\ul0\strike0
se\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
patrimonio.\f0\fs16\cf0\b0\i0\ul0\strike0 No\f0\fs16\cf0\b0\i0\ul0\strike0
obstante,\f0\fs16\cf0\b0\i0\ul0\strike0 un\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 equivalente\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 lo\f0\fs16\cf0\b0\i0\ul0\strike0
recibido\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 durante\f0\fs16\cf0\b0\i0\ul0\strike0
tres\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?ltimos\f0\fs16\cf0\b0\i0\ul0\strike0
a\u241?os\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
est\u225?\f0\fs16\cf0\b0\i0\ul0\strike0 sujeto\f0\fs16\cf0\b0\i0\ul0\strike0
a\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?
rescate.\f0\fs16\cf0\b0\i0\ul0\strike0 Por\f0\fs16\cf0\b0\i0\ul0\strike0
consiguiente,\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
importes\f0\fs16\cf0\b0\i0\ul0\strike0 recibidos\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 emisi\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
precedentes\f0\fs16\cf0\b0\i0\ul0\strike0 dar\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0
financiero,\f0\fs16\cf0\b0\i0\ul0\strike0 hasta\f0\fs16\cf0\b0\i0\ul0\strike0
tanto\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0 est\u233?
n\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
disponibles\f0\fs16\cf0\b0\i0\ul0\strike0 para\f0\fs16\cf0\b0\i0\ul0\strike0
socios.\f0\fs16\cf0\b0\i0\ul0\strike0 Por\f0\fs16\cf0\b0\i0\ul0\strike0
ende,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 tendr\u225?\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\par\pard\plain\li0\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0
igual\f0\fs16\cf0\b0\i0\ul0\strike0 al\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 recibido\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 las\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0 emitidas\f0\fs16\cf0\b0\i0\ul0\strike0
durante\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
anteriores,\f0\fs16\cf0\b0\i0\ul0\strike0 neto\f0\fs16\cf0\b0\i0\ul0\strike0
rescates\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
realizados\f0\fs16\cf0\b0\i0\ul0\strike0 durante\f0\fs16\cf0\b0\i0\ul0\strike0
ese\f0\fs16\cf0\b0\i0\ul0\strike0 mismo\f0\fs16\cf0\b0\i0\ul0\strike0
periodo.\par\pard\plain\sl-282\par\pard\plain\li1\sl-
191\f1\fs20\cf0\b\i0\ul0\strike0 Datos\par\pard\plain\sl-323\par\pard\plain\li0\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 La\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 cr\u233?dito.\f0\fs16\cf0\b0\i0\ul0\strike0
Las\f0\fs16\cf0\b0\i0\ul0\strike0 leyes\f0\fs16\cf0\b0\i0\ul0\strike0
locales\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
regulan\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
actividad\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativas\f0\fs16\cf0\b0\i0\ul0\strike0
de\par\pard\plain\li1\sl-206\f0\fs16\cf0\b0\i0\ul0\strike0 cr\u233?
dito\f0\fs16\cf0\b0\i0\ul0\strike0 establecen\f0\fs16\cf0\b0\i0\ul0\strike0
que,\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0 m\u237?
nimo,\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
ciento\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 \u8220?pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 circulaci\u243?
n\u8221?\f0\fs16\cf0\b0\i0\ul0\strike0 (un\f0\fs16\cf0\b0\i0\ul0\strike0 t\u233?
rmino\f0\fs16\cf0\b0\i0\ul0\strike0 definido\par\pard\plain\li1\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 reglamentos\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 incluye\f0\fs16\cf0\b0\i0\ul0\strike0
las\f0\fs16\cf0\b0\i0\ul0\strike0 cuentas\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 socios)\f0\fs16\cf0\b0\i0\ul0\strike0
totales\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
tiene\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
estar\par\pard\plain\li1\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0
integrado\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
capital\f0\fs16\cf0\b0\i0\ul0\strike0 desembolsado\f0\fs16\cf0\b0\i0\ul0\strike0
por\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0
socios.\f0\fs16\cf0\b0\i0\ul0\strike0 El\f0\fs16\cf0\b0\i0\ul0\strike0
efecto\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
esta\f0\fs16\cf0\b0\i0\ul0\strike0 normativa\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 que,\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 la\par\pard\plain\li1\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 totalidad\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
circulaci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
la\f0\fs16\cf0\b0\i0\ul0\strike0 cooperativa\f0\fs16\cf0\b0\i0\ul0\strike0
fueran\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
socios,\f0\fs16\cf0\b0\i0\ul0\strike0 ser\u237?a\f0\fs16\cf0\b0\i0\ul0\strike0
posible\par\sect\sected\sbknone\cols3\colno1\colw5770\colsr10\colno2\colw4790\colsr
10\colno3\colw1660\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
144\f0\fs16\cf0\b0\i0\ul0\strike0
7\sect\sectd\sbkpage\pgwsxn12240\pghsxn15840\sected\cols1\colno1\colw12240\pard\pla
in\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-311\par\pard\plain\li1874\sl-
160\f0\fs16\cf0\b0\i0\ul0\strike0 rescatar\f0\fs16\cf0\b0\i0\ul0\strike0
aportaciones.\f0\fs16\cf0\b0\i0\ul0\strike0 A\f0\fs16\cf0\b0\i0\ul0\strike0
diciembre\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
20X1,\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 tiene\f0\fs16\cf0\b0\i0\ul0\strike0
unos\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
emitidos\f0\fs16\cf0\b0\i0\ul0\strike0 totales\par\pard\plain\li2610\sl-
200.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.,\f0\fs16\cf0\b0\i0\ul0\strike0
cuales\f0\fs16\cf0\b0\i0\ul0\strike0 125.000\f0\fs16\cf0\b0\i0\ul0\strike0
u.m.\f0\fs16\cf0\b0\i0\ul0\strike0 representan\f0\fs16\cf0\b0\i0\ul0\strike0
socios.\f0\fs16\cf0\b0\i0\ul0\strike0 Las\f0\fs16\cf0\b0\i0\ul0\strike0
mismas\f0\fs16\cf0\b0\i0\ul0\strike0 permiten\f0\fs16\cf0\b0\i0\ul0\strike0
tenedores\f0\fs16\cf0\b0\i0\ul0\strike0 solicitar\f0\fs16\cf0\b0\i0\ul0\strike0
en\f0\fs16\cf0\b0\i0\ul0\strike0 cualquier\f0\fs16\cf0\b0\i0\ul0\strike0
momento\f0\fs16\cf0\b0\i0\ul0\strike0 su\f0\fs16\cf0\b0\i0\ul0\strike0
rescate,\f0\fs16\cf0\b0\i0\ul0\strike0 y\f0\fs16\cf0\b0\i0\ul0\strike0
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 no\par\pard\plain\li2610\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 limitan\f0\fs16\cf0\b0\i0\ul0\strike0
su\f0\fs16\cf0\b0\i0\ul0\strike0 capacidad\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 hacerlo.\par\pard\plain\sl-
n\par\sect\sected\sbknone\cols2\colno1\colw2590\colsr10\colno2\colw9640\pard\plain\
sl-323\par\pard\plain\li1874\sl-160\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo,\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
clasificar\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0 como\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos\f0\fs16\cf0\b0\i0\ul0\strike0 financieros.\f0\fs16\cf0\b0\i0\ul0\strike0
La\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
similar\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
descritas\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
32.\f0\fs16\cf0\b0\i0\ul0\strike0 La\f0\fs16\cf0\b0\i0\ul0\strike0
restricci\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0 es\f0\fs16\cf0\b0\i0\ul0\strike0
una\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 limitaci\u243?
n\f0\fs16\cf0\b0\i0\ul0\strike0 condicional\f0\fs16\cf0\b0\i0\ul0\strike0
sobre\f0\fs16\cf0\b0\i0\ul0\strike0 la\f0\fs16\cf0\b0\i0\ul0\strike0
capacidad\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
para\f0\fs16\cf0\b0\i0\ul0\strike0 cancelar\f0\fs16\cf0\b0\i0\ul0\strike0
vencido\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
un\f0\fs16\cf0\b0\i0\ul0\strike0 pasivo\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 financiero,\f0\fs16\cf0\b0\i0\ul0\strike0
es\f0\fs16\cf0\b0\i0\ul0\strike0 decir,\f0\fs16\cf0\b0\i0\ul0\strike0
impide\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
pago\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
pasivo\f0\fs16\cf0\b0\i0\ul0\strike0 s\u243?lo\f0\fs16\cf0\b0\i0\ul0\strike0
si\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
cumplen\f0\fs16\cf0\b0\i0\ul0\strike0 determinadas\f0\fs16\cf0\b0\i0\ul0\strike0
condiciones.\f0\fs16\cf0\b0\i0\ul0\strike0 En\f0\fs16\cf0\b0\i0\ul0\strike0
concreto,\f0\fs16\cf0\b0\i0\ul0\strike0 a\par\pard\plain\li0\sl-
entidad\f0\fs16\cf0\b0\i0\ul0\strike0 se\f0\fs16\cf0\b0\i0\ul0\strike0
le\f0\fs16\cf0\b0\i0\ul0\strike0 podr\u237?a\f0\fs16\cf0\b0\i0\ul0\strike0
requerir\f0\fs16\cf0\b0\i0\ul0\strike0 el\f0\fs16\cf0\b0\i0\ul0\strike0
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 del\f0\fs16\cf0\b0\i0\ul0\strike0
importe\f0\fs16\cf0\b0\i0\ul0\strike0 total\f0\fs16\cf0\b0\i0\ul0\strike0
sus\f0\fs16\cf0\b0\i0\ul0\strike0 socios\f0\fs16\cf0\b0\i0\ul0\strike0
(125.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.)\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 siempre\f0\fs16\cf0\b0\i0\ul0\strike0
hubiesen\f0\fs16\cf0\b0\i0\ul0\strike0 cancelado\f0\fs16\cf0\b0\i0\ul0\strike0
todos\f0\fs16\cf0\b0\i0\ul0\strike0 los\f0\fs16\cf0\b0\i0\ul0\strike0 dem\u225?
s\f0\fs16\cf0\b0\i0\ul0\strike0 pasivos\f0\fs16\cf0\b0\i0\ul0\strike0
(75.000\f0\fs16\cf0\b0\i0\ul0\strike0 u.m.)\f0\fs16\cf0\b0\i0\ul0\strike0
que\f0\fs16\cf0\b0\i0\ul0\strike0 tuviere.\f0\fs16\cf0\b0\i0\ul0\strike0
En\f0\fs16\cf0\b0\i0\ul0\strike0 consecuencia,\f0\fs16\cf0\b0\i0\ul0\strike0
la\par\pard\plain\li0\sl-205\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?
rescate\f0\fs16\cf0\b0\i0\ul0\strike0 no\f0\fs16\cf0\b0\i0\ul0\strike0
impide\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
incurrir\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
financiero\f0\fs16\cf0\b0\i0\ul0\strike0 por\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 m\u225?s\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 un\par\pard\plain\li0\sl-
206\f0\fs16\cf0\b0\i0\ul0\strike0 n\u250?mero\f0\fs16\cf0\b0\i0\ul0\strike0
establecido\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 o\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 capital\f0\fs16\cf0\b0\i0\ul0\strike0
desembolsado.\f0\fs16\cf0\b0\i0\ul0\strike0 Permite\f0\fs16\cf0\b0\i0\ul0\strike0
entidad,\f0\fs16\cf0\b0\i0\ul0\strike0 \u250?nicamente,\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 diferir\f0\fs16\cf0\b0\i0\ul0\strike0
hasta\f0\fs16\cf0\b0\i0\ul0\strike0 que\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 cumpla\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 condici\u243?n,\f0\fs16\cf0\b0\i0\ul0\strike0
esto\f0\fs16\cf0\b0\i0\ul0\strike0 es,\f0\fs16\cf0\b0\i0\ul0\strike0
el\f0\fs16\cf0\b0\i0\ul0\strike0 reembolso\f0\fs16\cf0\b0\i0\ul0\strike0
de\f0\fs16\cf0\b0\i0\ul0\strike0 todos\f0\fs16\cf0\b0\i0\ul0\strike0
los\f0\fs16\cf0\b0\i0\ul0\strike0 dem\u225?s\f0\fs16\cf0\b0\i0\ul0\strike0
pasivos.\f0\fs16\cf0\b0\i0\ul0\strike0 Las\par\pard\plain\li0\sl-
205\f0\fs16\cf0\b0\i0\ul0\strike0 aportaciones\f0\fs16\cf0\b0\i0\ul0\strike0
socios\f0\fs16\cf0\b0\i0\ul0\strike0 en\f0\fs16\cf0\b0\i0\ul0\strike0
este\f0\fs16\cf0\b0\i0\ul0\strike0 ejemplo\f0\fs16\cf0\b0\i0\ul0\strike0
no\f0\fs16\cf0\b0\i0\ul0\strike0 est\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0
sujetas\f0\fs16\cf0\b0\i0\ul0\strike0 a\f0\fs16\cf0\b0\i0\ul0\strike0
una\f0\fs16\cf0\b0\i0\ul0\strike0 prohibici\u243?n\f0\fs16\cf0\b0\i0\ul0\strike0
incondicional\f0\fs16\cf0\b0\i0\ul0\strike0 de\f0\fs16\cf0\b0\i0\ul0\strike0
rescatar\f0\fs16\cf0\b0\i0\ul0\strike0 y,\par\pard\plain\li0\sl-
tanto,\f0\fs16\cf0\b0\i0\ul0\strike0
se\f0\fs16\cf0\b0\i0\ul0\strike0 clasificar\u225?n\f0\fs16\cf0\b0\i0\ul0\strike0
financiero.\par\sect\sected\sbknone\cols3\colno1\colw5650\colsr10\colno2\colw110\co
lsr10\colno3\colw6460\pard\plain\sl-200\par\pard\plain\sl-200\par\pard\plain\sl-
144\f0\fs16\cf0\b0\i0\ul0\strike0 8\par\pard\column\plain\sl-200\par\pard\plain\sl-
IFRS\f0\fs16\cf0\b0\i0\ul0\strike0 Foundation}

Es GVT Redbv2016 Ifric02

Transféré par

Informations du document

Titre original

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Es GVT Redbv2016 Ifric02

Transféré par

Droits d'auteur :

Formats disponibles

{\rtf\ansi\deff0{\fonttbl{\f0 Times New Roman;}{\f1 Arial;}{\f2 Cambria;}}

Vous aimerez peut-être aussi