26 – São Paulo, 130 (67) Diário Ofi cial Poder Executivo - Seção I sábado, 4 de abril de 2020 Comunicado Em conformidade com a Lei Complementar 846, de 04-6-1998 Balanço Patrimonial - Ambulatório Médico de Especialidades de Catanduva - AME Catanduva - Fundação Padre Albino 5XD&DVFDWD3T,UDFHPD&DWDQGXYD63 &(3)RQH &13- '(021675$dÐ(6),1$1&(,5$6(1&(55$'$6(0(&13-1RWDV([SOLFDWLYDVjV'HPRQVWUDo}HV)LQDQFHLUDV (PGHGH]HPEURGHH 5 5 &217(;7223(5$&,21$/ $7,92 3$66,92 )XQGDomR3DGUH$OELQRHQWLGDGH¿ODQWUySLFDpPDQWHQHGRUDGDVVHJXLQWHVXQLGDGHV+RVSLWDO(VFROD³3DGUH$OELQR´+RVSLWDO &,5&8/$17( &,5&8/$17( (VFROD³(PtOLR&DUORV´&HQWUR8QLYHUVLWiULR3DGUH$OELQR81,),3$&ROpJLR&DWDQGXYD5HFDQWR³0RQVHQKRU$OELQR´0XVHX &DL[DHHTXLYDOHQWHVGHFDL[DQRWD )RUQHFHGRUHVGHVHUYLoRVPpGLFRV ³3DGUH$OELQR´GDSURSULHGDGHUXUDO)D]HQGD3URPLVVmRHJHVWRUDGR$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV$0(&DWDQGXYD $SOLFDo}HV¿QDQFHLUDVQRWD )RUQHFHGRUHVGHEHQVHVHUYLoRV 2XWURVFUHGLWRVQRWD 2EULJDo}HVWUDEDOKLVWDVQRWD $ )XQGDomR 3DGUH $OELQR ¿UPRX FRQWUDWR GH JHVWmR FRP R *RYHUQR GR (VWDGR GH 6mR 3DXOR HP GH MXOKR GH TXHIRLUHQRYDGRHPGH-XOKRGHSRULQWHUPpGLRGD6HFUHWiULDGH (VWRTXHVQRWD 2EULJDo}HVWULEXWDULDVQRWD (VWDGRGD6D~GHUHJLGRSHOD/HL&RPSOHPHQWDUQžGHGH-XQKRGHSDUDUHJXODPHQWDURGHVHQYROYLPHQWRGDVDo}HVH 'HVSHVDV$QWHFLSDGDVQRWD 2XWURVFRQWDVDSDJDUQRWD VHUYLoRVQR$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV&DWDQGXYD±$0(&$7$1'89$PHGLDQWHRFXPSULPHQWRLQWHJUDOGRFRQWUDWRGH 6HFUHWDULDGH(VWDGRGD6D~GHQRWD JHVWmRDFLPDPHQFLRQDGRWHPSRU¿QDOLGDGHDWHQGHUFRPUHFXUVRVKXPDQRVHWpFQLFRVRVXVXiULRVGR686±6LVWHPDÒQLFRGH 6D~GH H ,$063( WHQGR FRPR REMHWR D RSHUDFLRQDOL]DomR GD JHVWmR H H[HFXomR GDV DWLYLGDGHV H VHUYLoRV GH VD~GH HP FRQIRUPLGDGHFRPRVDQH[RVWpFQLFRVTXHLQWHJUDPRVFRQWUDWRVGHJHVWmRFLWDGRVDFLPD $7,921®2&,5&8/$17( 5($/,=É9(/$/21*235$=2QRWD (;(&8d­2'2&2175$72'(*(67­2 'HSyVLWRV-XUtGLFRVHP*DUDQWLD 3URYLVmRSDUD$o}HV-XGLFLDLV (PSUHVWLPRVH)LQDQF3DJDU $VDWLYLGDGHVDVVLVWHQFLDLVGRVFRQWUDWRVGHJHVWmRDSUHVHQWDUDPFRPRVHJXHDEDL[RQDVWDEHODVVHQGRHVWDVFXPSULGDV LQWHJUDOPHQWHFRQIRUPHFOiXVXODV ,02%,/,=$'2 ,PRELOL]DGRQRWD 3$75,0Ñ1,262&,$/ &RQWUDWRGHJHVWmRQžž6HPHVWUH ,PRELOL]DGRQRWD 3DWULP{QLR6RFLDOQRWD &RQVXOWD0pGLFDV &203(16$d®2),/,$,6QRWD &203(16$d®2),/,$,6QRWD -DQHLUR )HYHUHLUR 0DUoR $EULO 0DLR -XQKR 7RWDO 727$/'2$7,92 727$/'23$66,92 &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO $V1RWDV([SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDV'HPRQVWUDo}HV&RQWiEHLV 3ULPHLUDV '(021675$7,92'25(68/7$'2'2(;(5&Ë&,2'((&13- &RQVXOWDV5HGH ,QWHUFRQVXOWDV 'HVFULomRGDV&RQWDV &RQVXOWDV 5(&(,7$623(5$&,21$,6 6XEVHTXHQWHV &RPUHVWULomR 9HUEDVUHFHELGDVSDUDFXVWHLRUHI&RQWUDWRGH*HVWmR 7RWDO %HQHItFLRVUHFHELGRV*UDWXLGDGHV 'HVFRQWRVREWLGRV &RQVXOWDV1mR0pGLFDV3URFHGLPHQWRV7HUDSrXWLFRV1mR0pGLFRV 5HQGLPHQWRGHDSOLFDomR¿QDQFHLUD 3URYLVmRGRUHQGLPHQWRGHDSOLFDomR¿QDQFHLUDSDUD66(6 'RDo}HVSDWULPRQLDLVUHFHELGDVFRQWUDWRFRPRGDWR -DQHLUR )HYHUHLUR 0DUoR $EULO 0DLR -XQKR 7RWDO &86726('(63(6$623(5$&,21$,6 &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RPDWLYLGDGHVDVVLVWHQFLDLV 0HGLFDPHQWRVHPDWHULDLV &RQVXOWDV 6HYLoRVPHGLFRV 1mR0pGLFDV 3URFHGLPHQWRV 5HVXOWDGR%UXWR 7HUDSrXWLFRVVHVV}HV '(63(6$623(5$&,21$,6 7RWDO 'HVSHVDVFRPSHVVRDO 6HUYLoRVGHWHUFHLURV $WLYLGDGH&LU~UJLFD 'HVSHVDVDGPLQLVWUDWLYDVHJHUDLV ,PSRVWRVHWD[DV -XURVHPXOWDV -DQHLUR )HYHUHLUR 0DUoR $EULO 0DLR -XQKR 7RWDO 6XSHUiYLW'pÀFLWGR([HUFtFLR &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO $V1RWDV([SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDV'HPRQVWUDo}HV&RQWiEHLV &LUXUJLDV DPEXODWRULDLV&0$ '(021675$d­2'$6087$d®(6'23$75,0Ð1,2/,48,'2&13- &LUXUJLDV DPEXODWRULDLV&0$ 3DWULP{QLR6RFLDO 5HVHUYDV3DWULPRQLDLV 6XSHUDYLW'H¿FLW$FXPXODGR 7RWDOGR3DWULP{QLR6RFLDO 7RWDO 6DOGRHP 'RDo}HV3DWULPRQLDLV 6$'7([WHUQR 6XSHUiYLWGR([HUFtFLR 6DOGRHP -DQHLUR )HYHUHLUR 0DUoR $EULO 0DLR -XQKR 7RWDO 'RDo}HV3DWULPRQLDLV &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO 6XSHUiYLWGR([HUFtFLR 6DOGRHP 'LDJQyVWLFRSRU 5DGLRORJLD $V1RWDV([SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDV'HPRQVWUDo}HV&RQWiEHLV 'LDJQyVWLFRSRU '(021675$d­2'26)/8;26'(&$,;$')&0e72'2',5(72 8OWUDVVRQRJUD¿D 'LDJQyVWLFRSRU (QGRVFRSLD $7,9,'$'(623(5$&,21$,6 0pWRGRV'LDJQyVWLFRV HP(VSHFLDOLGDGHV 5(&(,7$6 &RQWUDWRGH*HVWmR&RQYrQLR 7RWDO 5HFHLWDV)LQDQFHLUDV 2XWUDV5HFHLWDV ž6HPHVWUH 7RWDO &RQVXOWD0pGLFDV '(63(6$6 -XOKR $JRVWR 6HWHPEUR 2XWXEUR 1RYHPEUR 'H]HPEUR 7RWDO 3HVVRDO&/7 7HUFHLURV6HUYLoRV/RFDomR(TXLSDPHQWRV &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO 0DWHULDLV 3ULPHLUDV &RQVXOWDV5HGH 8WLOLGDGH3~EOLFDiJXDHQHUJLDWHOHIRQHJDV )LQDQFHLUDVWDULIDVEDQFiULDV ,QWHUFRQVXOWDV 2XWUDVGHVSHVDV &RQVXOWDV 7RWDO 6XEVHTXHQWHV 7RWDO $7,9,'$'(6'(,19(67,0(1726 ,QYHVWLPHQWRV &RQVXOWDV1mR0pGLFDV3URFHGLPHQWRV7HUDSrXWLFRV1mR0pGLFRV 7RWDO -XOKR $JRVWR 6HWHPEUR 2XWXEUR 1RYHPEUR 'H]HPEUR 7RWDO 9$5,$d®2/,48,'$'2&$,;$ &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQVXOWDV &$,;$6DOGR,QLFLDO 1mR0pGLFDV &$,;$6DOGR)LQDO 3URFHGLPHQWRV 7HUDSrXWLFRVVHVV}HV $WLYRV/LYUHVQR,QtFLRGR3HUtRGR&&H&$ 7RWDO $WLYRV/LYUHVQR)LQDOGR3HUtRGR&&H&$ $XPHQWR'LPLQXLomRQDVFRQWDVFRUUHQWHVHGHDSOLFDomR $WLYLGDGH&LU~UJLFD $V1RWDV([SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDV'HPRQVWUDo}HV&RQWiEHLV -XOKR $JRVWR 6HWHPEUR 2XWXEUR 1RYHPEUR 'H]HPEUR 7RWDO (PFRQIRUPLGDGHFRPR&3&GR&RPLWrGH3URQXQFLDPHQWRV&RQWiEHLVD(QWLGDGHGHPRQVWUDDFRQFLOLDomRHQWUHR VXSHUiYLW GR H[HUFtFLR H R ÀX[R GH FDL[D OtTXLGR GDV DWLYLGDGHV RSHUDFLRQDLV GXUDQWH R H[HUFtFLR GH &13- &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &LUXUJLDV DPEXODWRULDLV&0$ &LUXUJLDV 6XSHUiYLWGRH[HUFtFLR DPEXODWRULDLV&0$ $MXVWHV 7RWDO $TXLVLomRGHDWLYRLPRELOL]DGR $WLYRLPRELOL]DGRGHWHUFHLURV66(6 6$'7([WHUQR 'RDo}HVSDWULPRQLDLV 7RWDOGRVDMXVWHV -XOKR $JRVWR 6HWHPEUR 2XWXEUR 1RYHPEUR 'H]HPEUR 7RWDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO &RQW 5HDO 9DULDo}HVQRVDWLYRVHSDVVLYRV 'LDJQyVWLFRSRU 5DGLRORJLD $XPHQWRUHGXomRRXWURVFUHGLWRV 'LDJQyVWLFRSRU $XPHQWRUHGXomRQRVHVWRTXHV 8OWUDVVRQRJUD¿D $XPHQWRUHGXomRQDVGHVSHVDVDQWHFLSDGDV 'LDJQyVWLFRSRU $XPHQWRUHGXomRQRUHDOL]iYHODORQJRSUD]R (QGRVFRSLD $XPHQWRUHGXomRQDFRQWDGHFRPSHQVDomRDWLYD 0pWRGRV'LDJQyVWLFRV HP(VSHFLDOLGDGHV $XPHQWRUHGXomRHPIRUQHFHGRUHVGHVHUYLoRVPpGLFRV $XPHQWRUHGXomRHPIRUQHFHGRUHVGHEHQVHVHUYLoRV 7RWDO $XPHQWRUHGXomRQDVREULJDo}HVWUDEDOKLVWDV $XPHQWRUHGXomRQDVREULJDo}HVWULEXWDULDV 35,1&,3$,635$7,&$6&217È%(,6 $XPHQWRUHGXomRHPRXWURVFRQWDVDSDJDU $XPHQWRUHGXomRQDFRQWDGD6HFUHWDULDGD6D~GHGR(VWDGR $VGHPRQVWUDo}HVFRQWiEHLVIRUDPHODERUDGDVHHVWmRDSUHVHQWDGDVHPFRQIRUPLGDGHFRPDVSUiWLFDVFRQWiEHLVDGRWDGDVQR $XPHQWRUHGXomRQDFRQWDGHFRPSHQVDomRSDVVLYD %UDVLOHHPREVHUYkQFLDj5HVROXomR&)&TXHDSURYRXD,QWHUSUHWDomR,7*5(QWLGDGHVVHP)LQDOLGDGHGH /XFURVHHPFRQIRUPLGDGHFRPD1RUPD%UDVLOHLUDGH&RQWDELOLGDGH1%&7*5&RQWDELOLGDGHSDUD3HTXHQDVH0HGLDV (PSUHVDVD&RQWDVGHUHVXOWDGR2UHJLPHFRQWiELOSDUDDSURSULDomRGDVUHFHLWDVHGHVSHVDVpRGHFRPSHWrQFLDRYDORU 7RWDOGDVYDULDo}HVQRVDWLYRVHSDVVLYRV UHFHELGRDWUDYpVGRFRQWUDWRGHJHVWmRSDUDRFXVWHLRGDXQLGDGHpUHFRQKHFLGRQRUHVXOWDGR E&DL[DHHTXLYDOHQWHGHFDL[D &RPSUHHQGHPGHSyVLWRHPFRQWDFRUUHQWHHDSOLFDo}HV¿QDQFHLUDVGHFXUWRSUD]RTXHHVWmRUHJLVWUDGDVSHORYDORUGHDSOLFDomR OtTXLGDVJHUDGDVSHODVDSOLFDGDVQDVDWLYLGDGHVRSHUDFLRQDLV DFUHVFLGRVGRVUHQGLPHQWRVLQFRUULGRVDWpDGDWDGREDODQoRF(VWRTXHV2VHVWRTXHVVmRGHPRQVWUDGRVDRFXVWRRXDRYDORUGH UHDOL]DomRGRVGRLVRPHQRU2FXVWRpGHWHUPLQDGRSHORPpWRGRGHDYDOLDomRGRVHVWRTXHVXVDQGRVHRFXVWRPpGLRHHPJHUDO FRPSUHHQGHPRVPDWHULDLVXWLOL]DGRVQDRSHUDomRGDHQWLGDGH0HGLFDPHQWRVPDWHULDLVKRVSLWDODUHVHPDWHULDLVGHFRQVXPR 7RWDOGH&DL[DVH(TXLYDOHQWHVGH&DL[D VHQGRTXHRVPHVPRVVHDSUHVHQWDPOLYUHVGH{QXVRXJUDYDPHVG,PRELOL]DGR2LPRELOL]DGRpFRPSRVWRSHORVEHQVDGTXLULGRV 7RWDOGH&DL[DVH(TXLYDOHQWHVGH&DL[D FRPRVUHFXUVRVUHSDVVDGRVSDUDLQYHVWLPHQWRRULXQGRVGRFRQWUDWRGHJHVWmR¿UPDGRFRPR*RYHUQRGR(VWDGRGH6mR3DXOR 9DULDomRGH&DL[DVH(TXLYDOHQWHVGH&DL[D UHJLVWUDGRVSHORFXVWRKLVWyULFRHGLPLQXtGRVQRPHVPRPRQWDQWHWHQGRHPYLVWDTXHVmRGHSURSULHGDGHGR(VWDGRHVHJXQGR RULHQWDomRGD6HFUHWDULDGD6D~GHGR(VWDGRGH6mR3DXORQmRGHYHPVHUGHSUHFLDGRVH3DVVLYR&LUFXODQWH'HPRQVWUDGRV $V1RWDV([SOLFDWLYDVVmRSDUWHVLQWHJUDQWHVGDV'HPRQVWUDo}HV&RQWiEHLV sábado, 4 de abril de 2020 Diário Ofi cial Poder Executivo - Seção I São Paulo, 130 (67) – 27 SHORVYDORUHVFRQKHFLGRVHFDOFXOiYHLVDFUHVFLGRVTXDQGRDSOLFiYHOGRVFRUUHVSRQGHQWHVHQFDUJRVLQFRUULGRVI&RQWULEXLomRDR 9$/25(65(&(%,'263(/2&2175$72'(*(67­2 ,166 H ,PSRVWRV &RQIRUPH OHJLVODomR YLJHQWH D )XQGDomR 3DGUH$OELQR DWXDO JHVWRUD GD XQLGDGH$PEXODWyULR 0pGLFR GH (VSHFLDOLGDGHV$0(&DWDQGXYDpXPDHQWLGDGH¿ODQWUySLFDHHVWiLVHQWDGRSDJDPHQWRGR,166FRWDSDWURQDOHLPXQHDRV 2$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV$0(&DWDQGXYDDWUDYpVGRVFRQWUDWRVGHJHVWmRFLWDGRVDFLPDUHFHEHXGR WULEXWRVFRQIRUPHD&RQVWLWXLomR)HGHUDOHR5HJXODPHQWRGR,PSRVWRGH5HQGD5,5 *RYHUQRGR(VWDGRGH6mR3DXORRVVHJXLQWHVYDORUHV &$,;$((48,9$/(17('(&$,;$ 0HVHV (VWmRUHSUHVHQWDGRVRVVDOGRVHPFRQWDFRUUHQWHHRVVDOGRVHPDSOLFDo}HV¿QDQFHLUDVGHFXUWRSUD]R&'%', -DQHLUR )HYHUHLUR 9DORU5 0DUoR $EULO &RQWDV 0DLR -XQKR %DQFRVF0RYLPHQWR -XOKR %DQFRVF$SOLFDomR $JRVWR 6HWHPEUR 2XWXEUR 1RYHPEUR 287526&5e',726 'H]HPEUR 9DORU5 &RQWDV ,6(1d®(635(9,'(1&,È5,$6868)58Ë'$6 6DOiULR)DPtOLDDFRPSHQVDU 6DOiULR0DWHUQLGDGHDFRPSHQVDU 2$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV$0(&DWDQGXYDXWLOL]DVHGRJUXSR%HQHItFLRV8VXIUXtGRVSDUDUHJLVWRGD $GLDQWDPHQWRDIXQFLRQiULRV FRPSHQVDomRGRFXVWRGDLVHQomRGDFRWDSDWURQDOGD3UHYLGrQFLD6RFLDO(PDWHQGLPHQWRDR3DUiJUDIR~QLFR$UWLJRžGR $GLDQWDPHQWRDIRUQHFHGRUHV 'HFUHWRQžGHVmRGHPRQVWUDGRVDVHJXLURVYDORUHVUHODWLYRVDVLVHQo}HVSUHYLGHQFLiULDVFRPRVHGHYLGR $GLDQWDPHQWRGHIpULDV IRVVHJR]DGDVGXUDQWHRH[HUFtFLR $GLDQWDPHQWRSDUDYLDJHQV 0HVHV (67248(6 -DQHLUR 9DORU5 )HYHUHLUR 0DUoR &RQWDV $EULO 0DLR 0HGLFDPHQWRVHPDWHULDLVKRVSLWDODUHV -XQKR *rQHURVDOLPHQWtFLRV -XOKR 0DWHULDLVGHHVFULWyULR $JRVWR 0DWHULDLVGHOLPSH]D 6HWHPEUR 0DWHULDLV6(607 2XWXEUR 1RYHPEUR 'H]HPEUR ž6DOiULR '(63(6$6$17(&,3$'$6 7RWDOGHYLGRFDVRDHQWLGDGHQmRJR]DVVHGHLVHQomR 9DORU5 2VYDORUHVDORFDGRVQHVVHJUXSRQmRFRPS}HPRV$WLYRVH3DVVLYRVGDHQWLGDGH(PDWHQGLPHQWRDR3DUiJUDIR~QLFR &RQWDV $UWLJRžGR'HFUHWRQžGHVmRGHPRQVWUDGRVDVHJXLURVYDORUHVUHODWLYRVDLVHQo}HVSUHYLGHQFLiULDVFRPR 'HVSHVDVFRPVHJXUR VHGHYLGRIRVVHJR]DGDVGXUDQWHRH[HUFtFLR 'HVFULomR 5($/,=È9(/$/21*235$=2 2UGHQDGRVHVDOiULRV 3HUFHQWXDOGHFRQWULEXLomRGHYLGD 9DORU5 7RWDOGHYLGRFDVRDHQWLGDGHQmRJR]DVVHGHLVHQomR ,166)3$6HVHJXURVFRQWUDULVFRVHDFLGHQWHV &RQWDV 'HSyVLWRV-XUtGLFRVHP*DUDQWLD 5(/$7Ï5,26'2&216(/+2),6&$/('2$8',725,1'(3(1'(17( 7HQGRHPYLVWDTXHDXQLGDGH$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV$0(&DWDQGXYD&13-pXPD ¿OLDO GD )XQGDomR 3DGUH $OELQR DV VXDV GHPRQVWUDo}HV ¿QDQFHLUDV IRUDP SXEOLFDGDV HP %DODQoR FRQVROLGDGR GHVVD HQWLGDGH'HVVDIRUPDRVUHODWyULRVGR&RQVHOKR)LVFDOHGR$XGLWRU,QGHSHQGHQWHIRUDPHPLWLGRVSDUDR%DODQoRFRQVROLGDGR GD)XQGDomR3DGUH$OELQR ,02%,/,=$'2 9DORU5 +pOLWRQ:DJQHU%HQHWHOOL 5HJLQDOGR'RQL]HWL/RSHV 'LUHWRU$GPLQLVWUDWLYR)LQDQFHLUR 'LUHWRU3UHVLGHQWH &RQWDV 'LUHWRULD([HFXWLYD 'LUHWRULD([HFXWLYD &5&632 &3) %HQIHLWRULDVHPLPyYHLV &3) %HQIHLWRULDVHPLPyYHLV&RQWUGH*HVWmR ,QVWDODo}HV 3$5(&(5'2&216(/+2),6&$/ ,QVWDODo}HV&RQWUGH*HVWmR 0DTH(TXLSDPHQWRV 1yVPHPEURVGR&RQVHOKR)LVFDOGD)XQGDomR3DGUH$OELQRWHQGRH[DPLQDGRR%DODQoR3DWULPRQLDOHD'HPRQVWUDomR 0DTH(TXLSDPHQWRV&RQWUGH*HVWmR GR5HVXOWDGRGR([HUFtFLRDV0XWDo}HVGR3DWULP{QLR6RFLDOHR)OX[RGH&DL[DGDVGLYHUVDVXQLGDGHVTXHFRPS}HPD (TXLSGHLQIRUPiWLFD (QWLGDGHHQFHUUDGRVHPGHGH]HPEURGHTXHLQVWLWXtUDPDHODERUDomRGR%DODQoR3DWULPRQLDOHD'HPRQVWUDomR (TXLSGHLQIRUPiWLFD&RQWUGH*HVWmR GR5HVXOWDGRGR([HUFtFLRFRQVROLGDGDGHVWD,QVWLWXLomRGHFODUDPRVTXHWXGRVHHQFRQWUDHPSHUIHLWDRUGHPUHÀHWLQGR 0yYHLVHXWHQVtOLRV ¿HOPHQWHFRPRVOLYURVHGRFXPHQWRVFRQWiEHLVFRQVWDQWHVGRVGLYHUVRVDUTXLYRVVRPRVIDYRUiYHLVDVXDDSURYDomRSHOR 0yYHLVHXWHQVtOLRV&RQWUGH*HVWmR &RQVHOKRGH&XUDGRUHV 9HLFXORV 9HLFXORV&RQWUGH*HVWmR /DHU6pUJLR'HUYHODQ 0iULR/XtV7UDVVL&ROQDJL *LOVRQ$QWRQLR3RUFHEDQ &RQVHOKR)LVFDO &RQVHOKR)LVFDO &RQVHOKR)LVFDO &3) &3) &3) &203(16$d­2(175(),/,$,6 $VFRQWDVGHFRPSHQVDomRHQWUH¿OLDLVVmRXVDGDVHPWUDQVDo}HVTXHDFRQWHFHPHQWUHDV¿OLDLVGD)XQGDomR3DGUH$OELQR8PD )81'$d­23$'5($/%,12&13- GDV ¿OLDLV p R$PEXODWyULR 0pGLFR GH (VSHFLDOLGDGHV 4XDQGR YHUL¿FDPRV R %DODQoR GH WRGD D )XQGDomR 3DGUH$OELQR QmR 5(/$7Ï5,2'2$8',725,1'(3(1'(17(62%5($6'(021675$d®(6&217È%(,6 HQFRQWUDPRVGLIHUHQoDVHQWUHDVFRQWDVGR$WLYRHDVFRQWDVGR3DVVLYR1RFDVRGR$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV±$0( &DWDQGXYDDVFRQWDVGR$WLYRHGR3DVVLYRQmRHVWmR]HUDQGRSRUTXHDVPHVPDVJXDUGDPYDORUHVGHWUDQVDo}HVHQWUHDV¿OLDLVTXH QmR]HUDPQRIHFKDPHQWRGRPrV%DODQoR 2SLQLmRVREUHDVGHPRQVWUDo}HVFRQWiEHLV ([DPLQDPRVDVGHPRQVWUDo}HVFRQWiEHLVGD)81'$d­23$'5($/%,12TXHFRPSUHHQGHPREDODQoRSDWULPRQLDOHP 9DORU5 GHGH]HPEURGHHDVUHVSHFWLYDVGHPRQVWUDo}HVGRUHVXOWDGRGRSHUtRGRGDVPXWDo}HVGRSDWULP{QLROtTXLGRHGRV &RQWDV ÀX[RVGHFDL[DSDUDRH[HUFtFLR¿QGRQHVVDGDWDEHPFRPRDVFRUUHVSRQGHQWHVQRWDVH[SOLFDWLYDVLQFOXLQGRRUHVXPRGDV SULQFLSDLVSROtWLFDVFRQWiEHLV &RPSHQVDomRHQWUH¿OLDLV$WLYR (PQRVVDRSLQLmRDVGHPRQVWUDo}HVFRQWiEHLVDFLPDUHIHULGDVDSUHVHQWDPDGHTXDGDPHQWHHPWRGRVRVDVSHFWRV &RPSHQVDomRHQWUH¿OLDLV3DVVLYR UHOHYDQWHVDSRVLomRSDWULPRQLDOH¿QDQFHLUDGD(QWLGDGHHPGHGH]HPEURGHRGHVHPSHQKRGHVXDVRSHUDo}HVH RVVHXVÀX[RVGHFDL[DSDUDRH[HUFtFLR¿QGRQHVVDGDWDGHDFRUGRFRPDVSUiWLFDVFRQWiEHLVDGRWDGDVQR%UDVLO %DVHSDUDRSLQLmRVREUHDVGHPRQVWUDo}HVFRQWiEHLV 2%5,*$d®(675$%$/+,67$6 1RVVD DXGLWRULD IRL FRQGX]LGD GH DFRUGR FRP DV QRUPDV EUDVLOHLUDV H LQWHUQDFLRQDLV GH DXGLWRULD 1RVVDV UHVSRQVDELOLGDGHVHPFRQIRUPLGDGHFRPWDLVQRUPDVHVWmRGHVFULWDVQDVHomRDVHJXLULQWLWXODGDµµ5HVSRQVDELOLGDGHVGR 9DORU5 DXGLWRU SHOD DXGLWRULD GDV GHPRQVWUDo}HV FRQWiEHLV¶¶ 6RPRV LQGHSHQGHQWHV HP UHODomR j (QWLGDGH GH DFRUGR FRP RV SULQFtSLRVpWLFRVUHOHYDQWHVSUHYLVWRVQR&yGLJRGHeWLFD3UR¿VVLRQDOGR&RQWDGRUHQDVQRUPDVSUR¿VVLRQDLVHPLWLGDVSHOR &RQWDV &RQVHOKR)HGHUDOGH&RQWDELOLGDGHHFXPSULPRVFRPDVGHPDLVUHVSRQVDELOLGDGHVpWLFDVGHDFRUGRFRPHVVDVQRUPDV 6DOiULRVDSDJDU $FUHGLWDPRVTXHDHYLGrQFLDGHDXGLWRULDREWLGDpVX¿FLHQWHHDSURSULDGDSDUDIXQGDPHQWDUQRVVDRSLQLmR 3URYLVmRGHIpULDV )*76VREUHSURYLVmRGHIpULDV 5HVSRQVDELOLGDGHVGDDGPLQLVWUDomRSHODVGHPRQVWUDo}HVFRQWiEHLV 5HSDVVHGHVFRQWRGHDOLPHQWDomR $DGPLQLVWUDomRpUHVSRQViYHOSHODHODERUDomRHDGHTXDGDDSUHVHQWDomRGDVGHPRQVWUDo}HVFRQWiEHLVGHDFRUGRFRP 6HJXURGHYLGDHPJUXSR DVSUiWLFDVFRQWiEHLVDGRWDGDVQR%UDVLOHSHORVFRQWUROHVLQWHUQRVTXHHODGHWHUPLQRXFRPRQHFHVViULRVSDUDSHUPLWLUD 5HVFLVmRGHFRQWUDWRGHWUDEDOKR HODERUDomRGHGHPRQVWUDo}HVFRQWiEHLVOLYUHVGHGLVWRUomRUHOHYDQWHLQGHSHQGHQWHPHQWHVHFDXVDGDSRUIUDXGHRXHUUR 3LVVREUHSURYLVmRGHIpULDV 1DHODERUDomRGDVGHPRQVWUDo}HVFRQWiEHLVDDGPLQLVWUDomRpUHVSRQViYHOSHODDYDOLDomRGDFDSDFLGDGHGHD(QWLGDGH FRQWLQXDURSHUDQGRGLYXOJDQGRTXDQGRDSOLFiYHORVDVVXQWRVUHODFLRQDGRVFRPDVXDFRQWLQXLGDGHRSHUDFLRQDOHRXVR GHVVDEDVHFRQWiELOQDHODERUDomRGDVGHPRQVWUDo}HVFRQWiEHLVDQmRVHUTXHDDGPLQLVWUDomRSUHWHQGDOLTXLGDUD(QWLGDGH RXFHVVDUVXDVRSHUDo}HVRXQmRWHQKDQHQKXPDDOWHUQDWLYDUHDOLVWDSDUDHYLWDURHQFHUUDPHQWRGDVRSHUDo}HV 2VUHVSRQViYHLVSHODDGPLQLVWUDomRGD(QWLGDGHVmRDTXHOHVFRPUHVSRQVDELOLGDGHSHODVXSHUYLVmRGRSURFHVVRGH 2%5,*$d®(675,%87È5,$6 9DORU5 HODERUDomRGDVGHPRQVWUDo}HVFRQWiEHLV &RQWDV 5HVSRQVDELOLGDGHVGRDXGLWRUSHODDXGLWRULDGDVGHPRQVWUDo}HVFRQWiEHLV 1RVVRVREMHWLYRVVmRREWHUVHJXUDQoDUD]RiYHOGHTXHDVGHPRQVWUDo}HVFRQWiEHLVWRPDGDVHPFRQMXQWRHVWHMDPOLYUHV )*76DUHFROKHU GHGLVWRUomRUHOHYDQWHLQGHSHQGHQWHPHQWHVHFDXVDGDSRUIUDXGHRXHUURHHPLWLUUHODWyULRGHDXGLWRULDFRQWHQGRQRVVD 3,6IROKDSDJWRDUHFROKHU RSLQLmR6HJXUDQoDUD]RiYHOpXPDOWRQtYHOGHVHJXUDQoDPDVQmRXPDJDUDQWLDGHTXHDDXGLWRULDUHDOL]DGDGHDFRUGRFRP ,55)DVVDODULDGRVIROKD DV QRUPDV EUDVLOHLUDV H LQWHUQDFLRQDLV GH DXGLWRULD VHPSUH GHWHFWDP DV HYHQWXDLV GLVWRUo}HV UHOHYDQWHV H[LVWHQWHV$V ,55)UHPXQHUDFDRVHUYSURI GLVWRUo}HVSRGHPVHUGHFRUUHQWHVGHIUDXGHRXHUURHVmRFRQVLGHUDGDVUHOHYDQWHVTXDQGRLQGLYLGXDOPHQWHRXHPFRQMXQWR ,66UHWLGRQDIRQWHDUHFROKHU SRVVDP LQÀXHQFLDU GHQWUR GH XPD SHUVSHFWLYD UD]RiYHO DV GHFLV}HV HFRQ{PLFDV GRV XVXiULRV WRPDGDV FRP EDVH QDV ,166WUDEDOKRDVVDODULDGR 3,6&2),16&6//DUHFROKHU UHIHULGDVGHPRQVWUDo}HVFRQWiEHLV &RQWULEXLomRVLQGLFDODUHFROKHU &RPR SDUWH GD DXGLWRULD UHDOL]DGD GH DFRUGR FRP DV QRUPDV EUDVLOHLUDV H LQWHUQDFLRQDLV GH DXGLWRULD H[HUFHPRV &RQWULEXLomRFRQIHGHUDWLYD MXOJDPHQWRSUR¿VVLRQDOHPDQWHPRVFHWLFLVPRSUR¿VVLRQDODRORQJRGDDXGLWRULD$OpPGLVVR &RQWULEXLomRDVVLVWHQFLDO ā ,GHQWL¿FDPRV H DYDOLDPRV RV ULVFRV GH GLVWRUomR UHOHYDQWH QDV GHPRQVWUDo}HV FRQWiEHLV LQGHSHQGHQWHPHQWH VH 0HQVDOLGDGHVLQGLFDO FDXVDGDSRUIUDXGHRXHUURSODQHMDPRVHH[HFXWDPRVSURFHGLPHQWRVGHDXGLWRULDHPUHVSRVWDDWDLVULVFRVEHPFRPR REWHPRVHYLGrQFLDGHDXGLWRULDDSURSULDGDHVX¿FLHQWHSDUDIXQGDPHQWDUQRVVDRSLQLmR2ULVFRGHQmRGHWHFomRGHGLVWRUomR UHOHYDQWHUHVXOWDQWHGHIUDXGHpPDLRUGRTXHRSURYHQLHQWHGHHUURMiTXHDIUDXGHSRGHHQYROYHURDWRGHEXUODURVFRQWUROHV LQWHUQRVFRQOXLRIDOVL¿FDomRRPLVVmRRXUHSUHVHQWDo}HVIDOVDVLQWHQFLRQDLV ā 2EWLYHPRV HQWHQGLPHQWR GRV FRQWUROHV LQWHUQRV UHOHYDQWHV SDUD D DXGLWRULD SDUD SODQHMDUPRV SURFHGLPHQWRV GH 287526&217$6$3$*$5 DXGLWRULDDSURSULDGRVQDVFLUFXQVWkQFLDVPDVQmRFRPRREMHWLYRGHH[SUHVVDUPRVRSLQLmRVREUHDH¿FiFLDGRVFRQWUROHV 9DORU5 LQWHUQRVGD(QWLGDGH &RQWDV ā $YDOLDPRVDDGHTXDomRGDVSROtWLFDVFRQWiEHLVXWLOL]DGDVHDUD]RDELOLGDGHGDVHVWLPDWLYDVFRQWiEHLVHUHVSHFWLYDV GLYXOJDo}HVIHLWDVSHODDGPLQLVWUDomR (PSUpVWLPRVEDQFiULRVGHIXQFLRQiULRV ā&RQFOXtPRVVREUHDDGHTXDomRGRXVRSHODDGPLQLVWUDomRGDEDVHFRQWiELOGHFRQWLQXLGDGHRSHUDFLRQDOHFRPEDVH 'HQWLVWDHORFDGRUDVDSDJDU QDVHYLGrQFLDVGHDXGLWRULDREWLGDVVHH[LVWHXPDLQFHUWH]DUHOHYDQWHHPUHODomRDHYHQWRVRXFRQGLo}HVTXHSRVVDP 3ODQRGHVD~GHGRVIXQFLRQiULRV OHYDQWDUG~YLGDVLJQL¿FDWLYDHPUHODomRjFDSDFLGDGHGHFRQWLQXLGDGHRSHUDFLRQDOGD(QWLGDGH6HFRQFOXLUPRVTXHH[LVWH &KHTXHVDFRPSHQVDU LQFHUWH]D UHOHYDQWH GHYHPRV FKDPDU DWHQomR HP QRVVR UHODWyULR GH DXGLWRULD SDUD DV UHVSHFWLYDV GLYXOJDo}HV QDV GHPRQVWUDo}HV FRQWiEHLV RX LQFOXLU PRGL¿FDomR HP QRVVD RSLQLmR VH DV GLYXOJDo}HV IRUHP LQDGHTXDGDV 1RVVDV FRQFOXV}HVHVWmRIXQGDPHQWDGDVQDVHYLGrQFLDVGHDXGLWRULDREWLGDVDWpDGDWDGHQRVVRUHODWyULR7RGDYLDHYHQWRVRX FRQGLo}HVIXWXUDVSRGHPOHYDUD(QWLGDGHDQmRPDLVVHPDQWHUHPFRQWLQXLGDGHRSHUDFLRQDO 6(&5(7$5,$'((67$'2'$6$Ò'(3$75,0Ð1,262&,$/ ā$YDOLDPRVDDSUHVHQWDomRJHUDODHVWUXWXUDHRFRQWH~GRGDVGHPRQVWUDo}HVFRQWiEHLVLQFOXVLYHDVGLYXOJDo}HVHVHDV GHPRQVWUDo}HVFRQWiEHLVUHSUHVHQWDPDVFRUUHVSRQGHQWHVWUDQVDo}HVHRVHYHQWRVGHPDQHLUDFRPSDWtYHOFRPRREMHWLYRGH DSUHVHQWDomRDGHTXDGD&RPXQLFDPRQRVFRPRVUHVSRQViYHLVSHODDGPLQLVWUDomRDUHVSHLWRHQWUHRXWURVDVSHFWRVGR $FRQWD6HFUHWiULDGH(VWDGRGD6D~GHpXVDGDSDUD]HUDUWRGDVDVFRQWDVGRUHVXOWDGRVHMDPHODVGH5HFHLWDRXGH'HVSHVDV DOFDQFHSODQHMDGRGDpSRFDGDDXGLWRULDHGDVFRQVWDWDo}HVVLJQL¿FDWLYDVGHDXGLWRULDLQFOXVLYHDVHYHQWXDLVGH¿FLrQFLDV 'HVVDIRUPDDPHVPDFRPSOHPHQWDDVREULJDo}HVGR3DVVLYRHDVVHJXUDSDUDD6HFUHWDULDGH(VWDGRGD6D~GHDREULJDomRTXHD )XQGDomR3DGUH$OELQRWHPSDUDFRPR(VWDGR(VVDFRQWDIRLFULDGDHpYHUL¿FDGDPHQVDOPHQWHDWUDYpVGH'2$5'HPRQVWUDomR VLJQL¿FDWLYDVQRVFRQWUROHVLQWHUQRVTXHLGHQWL¿FDPRVGXUDQWHQRVVRVWUDEDOKRV GDV2ULJHQVH$SOLFDo}HVGH5HFXUVRVHQYLDGRSDUDD6HFUHWiULDGD)D]HQGDGR(VWDGRGH6mR3DXOR2H[SRVWRDFLPDH[SOLFDD &RPXQLFDPRQRVFRPRVUHVSRQViYHLVSHODDGPLQLVWUDomRDUHVSHLWRHQWUHRXWURVDVSHFWRVGRDOFDQFHSODQHMDGRGD DXVrQFLDGH3DWULP{QLR6RFLDOGD¿OLDO$PEXODWyULR0pGLFRGH(VSHFLDOLGDGHV$0(&DWDQGXYDGHQWURGR%DODQoRGD)XQGDomR pSRFD GD DXGLWRULD H GDV FRQVWDWDo}HV VLJQL¿FDWLYDV GH DXGLWRULD LQFOXVLYH DV HYHQWXDLV GH¿FLrQFLDV VLJQL¿FDWLYDV QRV 3DGUH$OELQR FRQWUROHVLQWHUQRVTXHLGHQWL¿FDPRVGXUDQWHQRVVRVWUDEDOKRV 9DORU5 6mR3DXOR63GHIHYHUHLURGH &RQWDV $8',6$$8',725(6$662&,$'26 &5&63632 6HFUHWDULDGH(VWDGRGD6D~GH 3DWULP{QLR6RFLDO $OH[DQGUH&KLDUDWWLGR1DVFLPHQWR &RQWDGRU &5&632