advertencia - Interline Brands

5DQJHV
(OHFWULF&RLO5DGLDQW
*($SSOLDQFHVFRP
6DIHW\,QIRUPDWLRQ 2SHUDWLQJ,QVWUXFWLRQV
$GMXVWWKH2YHQ
7KHUPRVWDW &ORFNDQG7LPHU 2YHQ ²
2YHQ&RQWUROV 6DEEDWK)HDWXUH 6HOHFWLQJ7\SHVRI&RRNZDUH 6HOI&OHDQLQJ 6SHFLDO)HDWXUHV 6XUIDFH8QLWV 7LPHG%DNLQJDQG5RDVWLQJ :DUPLQJ'UDZHU :DUPLQJ=RQH &DUHDQG&OHDQLQJ ²
$OXPLQXP)RLO *ODVV&RRNWRS 7URXEOHVKRRWLQJ7LSV ²
&RLO7RSDQG
5DGLDQW7RS0RGHOV
6WDQGDUG
&OHDQ0RGHOV
6HOI&OHDQ
0RGHOV
-%6
-%6
-%6
-%6
-%6
5%
5%
5%
5%
-%6',
-%66,
-%
-%3
-%3
-%3
-%3
-%3
5%
5%
5%
5%
5%
5%
5%
$FFHVVRULHV &RQVXPHU6XSSRUW
&RQVXPHU6XSSRUW %DFN&RYHU
:DUUDQW\ (VSDxRO
)RUD6SDQLVKYHUVLRQRIWKLVPDQXDO
YLVLWRXU:HEVLWHDW*($SSOLDQFHVFRP
3DUDFRQVXOWDUXQDYHUVLRQHQHVSDxRO
GHHVWHPDQXDOGHLQVWUXFFLRQHVYLVLWH
QXHVWURVLWLRGHLQWHUQHW
*($SSOLDQFHVFRP
,Q&DQDGD
ZZZ*($SSOLDQFHVFD
2ZQHU·V0DQXDO
:ULWHWKHPRGHODQGVHULDO
QXPEHUVKHUH
0RGHO BBBBBBBBBBBBBBBBBB
6HULDOBBBBBBBBBBBBBBBBBBB
<RXFDQILQGWKHPRQDODEHO
EHKLQGWKHVWRUDJHGUDZHURU
ZDUPLQJGUDZHURQWKHRYHQIUDPH
*(
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
:$51,1*
5HDGDOOVDIHW\LQVWUXFWLRQVEHIRUHXVLQJWKHSURGXFW)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQILUHHOHFWULFVKRFN
VHULRXVLQMXU\RUGHDWK
$17,7,3'(9,&(
WARNING
Rear Wall
7RUHGXFHWKHULVNRIWLSSLQJ
WKHUDQJHWKHUDQJHPXVWEH
Tip-Over Hazard
VHFXUHGE\DSURSHUO\LQVWDOOHG
DQWLWLSEUDFNHW6HHLQVWDOODWLRQ
A child or adult can tip the range and be killed.
LQVWUXFWLRQVVKLSSHGZLWKWKH
Verify the anti-tip bracket has been properly installed
EUDFNHWIRUFRPSOHWHGHWDLOV
so the foot is secure in the anti-tip bracket.
Ensure the anti-tip bracket is re-engaged when the range EHIRUHDWWHPSWLQJWRLQVWDOO
is moved so the foot is secure into the bracket.
)RU)UHHVWDQGLQJDQG6OLGH,Q
Do not operate the range without the anti-tip bracket in
5DQJHV
place and engaged.
7RFKHFNLIWKHEUDFNHWLVLQVWDOOHG
Failure to follow these instructions can result in death or
DQGHQJDJHGSURSHUO\ORRN
serious burns to children or adults.
XQGHUQHDWKWKHUDQJHWRVHHWKDW
WKHUHDUOHYHOLQJOHJLVHQJDJHGLQWKHEUDFNHW2QVRPHPRGHOVWKH
$QWL7LS
VWRUDJHGUDZHURUNLFNSDQHOFDQEHUHPRYHGIRUHDV\LQVSHFWLRQ,I
%UDFNHW
YLVXDOLQVSHFWLRQLVQRWSRVVLEOHVOLGHWKHUDQJHIRUZDUGFRQILUPWKH
DQWLWLSEUDFNHWLVVHFXUHO\DWWDFKHGWRWKHIORRURUZDOODQGVOLGHWKH
UDQJHEDFNVRWKHUHDUOHYHOLQJOHJLVXQGHUWKHDQWLWLSEUDFNHW
,IWKHUDQJHLVSXOOHGIURPWKHZDOOIRUDQ\UHDVRQDOZD\VUHSHDW
/HYHOLQJ/HJ
WKLVSURFHGXUHWRYHULI\WKHUDQJHLVSURSHUO\VHFXUHGE\WKHDQWLWLS
)UHHVWDQGLQJDQG6OLGH,Q5DQJHV EUDFNHW
1HYHUFRPSOHWHO\UHPRYHWKHOHYHOLQJOHJVRUWKHUDQJHZLOOQRWEH
VHFXUHGWRWKHDQWLWLSGHYLFHSURSHUO\
Countertop or
)RU'URS,Q5DQJHV
Wood Block
7RFKHFNLIWKHEUDFNHWLVLQVWDOOHGDQGHQJDJHGSURSHUO\VOLGHWKH
UDQJHIRUZDUGFRQILUPWKHDQWLWLSEUDFNHWLVVHFXUHO\DWWDFKHGWRWKH
UHDURIWKHUDQJHDQGVOLGHWKHUDQJHEDFNVRWKDWWKHDQWLWLSEUDFNHW
VOLGHVMXVWXQGHUWKHFRXQWHUWRSRUZRRGEORFNDWWDFKHGWRWKHUHDU
ZDOO
,I\RXGLGQRWUHFHLYHDQDQWLWLSEUDFNHWZLWK\RXUSXUFKDVH
Anti-Tip
FDOOWRUHFHLYHRQHDWQRFRVWLQ&DQDGDFDOO
Bracket
)RULQVWDOODWLRQLQVWUXFWLRQVRIWKHEUDFNHWYLVLW
Oven
*($SSOLDQFHVFRPLQ&DQDGD*($SSOLDQFHVFD
'URS,Q5DQJHV
:$51,1*
,03257$176$)(7<127,&(
7KH&DOLIRUQLD6DIH'ULQNLQJ:DWHUDQG7R[LF(QIRUFHPHQW$FWUHTXLUHVWKH*RYHUQRURI&DOLIRUQLDWRSXEOLVKDOLVWRIVXEVWDQFHV
NQRZQWRWKHVWDWHWRFDXVHFDQFHUELUWKGHIHFWVRURWKHUUHSURGXFWLYHKDUPDQGUHTXLUHVEXVLQHVVHVWRZDUQFXVWRPHUVRISRWHQWLDO
H[SRVXUHWRVXFKVXEVWDQFHV
7KHILEHUJODVVLQVXODWLRQLQVHOIFOHDQRYHQVJLYHVRIIDYHU\VPDOODPRXQWRIFDUERQPRQR[LGHGXULQJWKHFOHDQLQJF\FOH([SRVXUHFDQ
EHPLQLPL]HGE\YHQWLQJZLWKDQRSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
*($SSOLDQFHVFRP
:$51,1* *(1(5$/6$)(7<,16758&7,216
„8VHWKLVDSSOLDQFHIRULWVLQWHQGHGSXUSRVHDVGHVFULEHG
LQWKLV2ZQHU·V0DQXDO
„1HYHUXVH\RXUDSSOLDQFHIRUZDUPLQJRUKHDWLQJWKH
URRP
„%HVXUH\RXUDSSOLDQFHLVSURSHUO\LQVWDOOHGDQG
JURXQGHGE\DTXDOLILHGLQVWDOOHULQDFFRUGDQFHZLWKWKH
SURYLGHGLQVWDOODWLRQLQVWUXFWLRQV
„'RQRWWRXFKWKHVXUIDFHXQLWVWKHKHDWLQJHOHPHQWV
RUWKHLQWHULRUVXUIDFHRIWKHRYHQ7KHVHVXUIDFHVPD\
EHKRWHQRXJKWREXUQHYHQWKRXJKWKH\DUHGDUNLQ
FRORU'XULQJDQGDIWHUXVHGRQRWWRXFKRUOHWFORWKLQJ
RURWKHUIODPPDEOHPDWHULDOVFRQWDFWWKHVXUIDFHXQLWV
DUHDVQHDUE\WKHVXUIDFHXQLWVRUDQ\LQWHULRUDUHDRI
WKHRYHQDOORZVXIILFLHQWWLPHIRUFRROLQJILUVW2WKHU
VXUIDFHVRIWKHDSSOLDQFHPD\EHFRPHKRWHQRXJK
WRFDXVHEXUQV3RWHQWLDOO\KRWVXUIDFHVLQFOXGHWKH
FRRNWRSDUHDVIDFLQJWKHFRRNWRSRYHQYHQWRSHQLQJ
VXUIDFHVQHDUWKHRSHQLQJDQGFUHYLFHVDURXQGWKH
RYHQGRRU
„'RQRWDWWHPSWWRUHSDLURUUHSODFHDQ\SDUWRI\RXU
UDQJHXQOHVVLWLVVSHFLILFDOO\UHFRPPHQGHGLQWKLV
PDQXDO$OORWKHUVHUYLFLQJVKRXOGEHWUDQVIHUUHGWRD
TXDOLILHGWHFKQLFLDQ
„%HIRUHSHUIRUPLQJDQ\VHUYLFHXQSOXJWKHUDQJH
RUGLVFRQQHFWWKHSRZHUVXSSO\DWWKHKRXVHKROG
GLVWULEXWLRQSDQHOE\UHPRYLQJWKHIXVHRUVZLWFKLQJRII
WKHFLUFXLWEUHDNHU
„'RQRWOHDYHFKLOGUHQDORQH³FKLOGUHQVKRXOGQRWEHOHIW
DORQHRUXQDWWHQGHGLQDQDUHDZKHUHDQDSSOLDQFHLVLQ
XVH7KH\VKRXOGQHYHUEHDOORZHGWRFOLPEVLWRUVWDQG
RQDQ\SDUWRIWKHDSSOLDQFH
&$87,21 „
'RQRWVWRUHLWHPVRILQWHUHVW
WRFKLOGUHQDERYHDUDQJHRURQWKHEDFNJXDUGRID
UDQJH³FKLOGUHQFOLPELQJRQWKHUDQJHWRUHDFKLWHPV
FRXOGEHVHULRXVO\LQMXUHG
„8VHRQO\GU\SRWKROGHUV³PRLVWRUGDPSSRWKROGHUVRQ
KRWVXUIDFHVPD\UHVXOWLQEXUQVIURPVWHDP'RQRWOHW
SRWKROGHUVWRXFKKRWVXUIDFHXQLWVRUKHDWLQJHOHPHQWV
'RQRWXVHDWRZHORURWKHUEXON\FORWKLQSODFHRISRW
KROGHUV
:$51,1*
„'RQRWKHDWXQRSHQHGIRRGFRQWDLQHUV3UHVVXUHFRXOG
EXLOGXSDQGWKHFRQWDLQHUFRXOGEXUVWFDXVLQJDQ
LQMXU\
„$YRLGVFUDWFKLQJRULPSDFWLQJJODVVGRRUVFRRNWRSVRU
FRQWUROSDQHOV'RLQJVRPD\OHDGWRJODVVEUHDNDJH'R
QRWFRRNRQDSURGXFWZLWKEURNHQJODVV6KRFNILUHRU
FXWVPD\RFFXU
„&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDWOHDVWDQ
LQWHUQDOWHPSHUDWXUHRIƒ)DQGSRXOWU\WRDWOHDVW
DQLQWHUQDOWHPSHUDWXUHRIƒ)&RRNLQJWRWKHVH
WHPSHUDWXUHVXVXDOO\SURWHFWVDJDLQVWIRRGERUQHLOOQHVV
„'RQRWXVHDOXPLQXPIRLOWROLQHGULSSDQVRUDQ\ZKHUH
LQWKHRYHQH[FHSWDVGHVFULEHGLQWKLVPDQXDO)RLOFDQ
WUDSKHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKHSURGXFW
DQGDVKRFNRUILUHKD]DUG
.((3)/$00$%/(0$7(5,$/6$:$<)520
7+(5$1*(
„'RQRWVWRUHRUXVHIODPPDEOHPDWHULDOVLQDQRYHQRU
QHDUWKHFRRNWRSLQFOXGLQJSDSHUSODVWLFSRWKROGHUV
OLQHQVZDOOFRYHULQJVFXUWDLQVGUDSHVDQGJDVROLQHRU
RWKHUIODPPDEOHYDSRUVDQGOLTXLGV
„1HYHUZHDUORRVHILWWLQJRUKDQJLQJJDUPHQWVZKLOH
XVLQJWKHDSSOLDQFH7KHVHJDUPHQWVPD\LJQLWHLIWKH\
FRQWDFWKRWVXUIDFHVFDXVLQJVHYHUHEXUQV
:$51,1*
„'RQRWOHWFRRNLQJJUHDVHRURWKHUIODPPDEOHPDWHULDOV
DFFXPXODWHLQRUQHDUWKHUDQJH*UHDVHLQWKHRYHQRU
RQWKHFRRNWRSPD\LJQLWH
„&OHDQYHQWLODWLQJKRRGVIUHTXHQWO\*UHDVHVKRXOGQRW
EHDOORZHGWRDFFXPXODWHRQWKHKRRGRUILOWHU
,17+((9(172)$),5(7$.(7+()2//2:,1*
67(367235(9(177+(),5()520635($',1*
„'RQRWXVHZDWHURQJUHDVHILUHV1HYHUSLFNXSD
IODPLQJSDQ7XUQWKHFRQWUROVRII6PRWKHUDIODPLQJ
SDQRQDVXUIDFHXQLWE\FRYHULQJWKHSDQFRPSOHWHO\
ZLWKDZHOOILWWLQJOLGFRRNLHVKHHWRUIODWWUD\8VH
DPXOWLSXUSRVHGU\FKHPLFDORUIRDPW\SHILUH
H[WLQJXLVKHU
„,IWKHUHLVDILUHLQWKHRYHQGXULQJVHOIFOHDQWXUQWKH
RYHQRIIDQGZDLWIRUWKHILUHWRJRRXW'RQRWIRUFH
WKHGRRURSHQ,QWURGXFWLRQRIIUHVKDLUDWVHOIFOHDQ
WHPSHUDWXUHVPD\OHDGWRDEXUVWRIIODPHIURPWKH
RYHQ)DLOXUHWRIROORZWKLVLQVWUXFWLRQPD\UHVXOWLQ
VHYHUHEXUQV
„,IWKHUHLVDILUHLQWKHRYHQGXULQJEDNLQJVPRWKHUWKH
ILUHE\FORVLQJWKHRYHQGRRUDQGWXUQLQJWKHRYHQRIIRU
E\XVLQJDPXOWLSXUSRVHGU\FKHPLFDORUIRDPW\SHILUH
H[WLQJXLVKHU
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
:$51,1*
&22.7236$)(7<,16758&7,216
„1HYHUOHDYHWKHVXUIDFHXQLWVXQDWWHQGHGDWPHGLXPRU
KLJKKHDWVHWWLQJV%RLORYHUVFDXVHVPRNLQJDQGJUHDV\
VSLOORYHUVWKDWPD\FDWFKRQILUH
„1HYHUOHDYHRLOXQDWWHQGHGZKLOHIU\LQJ,IDOORZHG
WRKHDWEH\RQGLWVVPRNLQJSRLQWRLOPD\LJQLWH
UHVXOWLQJLQILUHWKDWPD\VSUHDGWRVXUURXQGLQJ
FDELQHWV8VHDGHHSIDWWKHUPRPHWHUZKHQHYHU
SRVVLEOHWRPRQLWRURLOWHPSHUDWXUH
„7RDYRLGRLOVSLOORYHUDQGILUHXVHDPLQLPXPDPRXQWRI
RLOZKHQVKDOORZSDQIU\LQJDQGDYRLGFRRNLQJIUR]HQ
IRRGVZLWKH[FHVVLYHDPRXQWVRILFH
„8VHSURSHUSDQVL]H³VHOHFWFRRNZDUHKDYLQJIODW
ERWWRPVODUJHHQRXJKWRFRYHUWKHVXUIDFHKHDWLQJ
HOHPHQW7KHXVHRIXQGHUVL]HGFRRNZDUHZLOOH[SRVH
DSRUWLRQRIWKHVXUIDFHXQLWWRGLUHFWFRQWDFWDQGPD\
UHVXOWLQLJQLWLRQRIFORWKLQJ3URSHUUHODWLRQVKLSRI
FRRNZDUHWRVXUIDFHXQLWZLOODOVRLPSURYHHIILFLHQF\
:$51,1*
„2QO\FHUWDLQW\SHVRIJODVVJODVVFHUDPLFHDUWKHQZDUH
RURWKHUJOD]HGFRQWDLQHUVDUHVXLWDEOHIRUFRRNWRS
VHUYLFHRWKHUVPD\EUHDNEHFDXVHRIWKHVXGGHQ
FKDQJHLQWHPSHUDWXUH
„7RPLQLPL]HWKHSRVVLELOLW\RIEXUQVLJQLWLRQRI
IODPPDEOHPDWHULDOVDQGVSLOODJHWKHKDQGOHRID
FRQWDLQHUVKRXOGEHWXUQHGWRZDUGWKHFHQWHURIWKH
UDQJHZLWKRXWH[WHQGLQJRYHUQHDUE\VXUIDFHXQLWV
„:KHQSUHSDULQJIODPLQJIRRGVXQGHUDKRRGWXUQWKH
IDQRQ
„,ISRZHULVORVWWRDQHOHFWULFFRRNWRSZKLOHDVXUIDFHXQLW
LV21WKHVXUIDFHXQLWZLOOWXUQEDFNRQDVVRRQDVSRZHU
LVUHVWRUHG,QWKHHYHQWRISRZHUORVVIDLOXUHWRWXUQ
DOOVXUIDFHXQLWNQREVWRWKH2))SRVLWLRQPD\UHVXOWLQ
LJQLWLRQRILWHPVRQRUQHDUWKHFRRNWRSOHDGLQJWRVHULRXV
LQMXU\RUGHDWK
5$',$17&22.7236$)(7<,16758&7,216
VRPHPRGHOV
„8VHFDUHZKHQWRXFKLQJWKHFRRNWRS7KHJODVVVXUIDFH
RIWKHFRRNWRSZLOOUHWDLQKHDWDIWHUWKHFRQWUROVKDYH
EHHQWXUQHGRII
„'RQRWFRRNRQDEURNHQFRRNWRS,IJODVVFRRNWRS
VKRXOGEUHDNFOHDQLQJVROXWLRQVDQGVSLOORYHUV
PD\SHQHWUDWHWKHEURNHQFRRNWRSDQGFUHDWHD
ULVNRIHOHFWULFVKRFN&RQWDFWDTXDOLILHGWHFKQLFLDQ
LPPHGLDWHO\
„$YRLGVFUDWFKLQJWKHJODVVFRRNWRS7KHFRRNWRSFDQEH
VFUDWFKHGZLWKLWHPVVXFKDVNQLYHVVKDUSLQVWUXPHQWV
ULQJVRURWKHUMHZHOU\DQGULYHWVRQFORWKLQJ
„'RQRWSODFHRUVWRUHLWHPVWKDWFDQPHOWRUFDWFKILUH
RQWKHJODVVFRRNWRSHYHQZKHQLWLVQRWEHLQJXVHG,I
WKHFRRNWRSLVLQDGYHUWHQWO\WXUQHGRQWKH\PD\LJQLWH
+HDWIURPWKHFRRNWRSRURYHQYHQWDIWHULWLVWXUQHGRII
PD\FDXVHWKHPWRLJQLWHDOVR
:$51,1*
„8VH&(5$0$%5<7(ŠFHUDPLF&RRNWRS&OHDQHUDQG
&(5$0$%5<7(Š&OHDQLQJ3DGWRFOHDQWKHFRRNWRS
:DLWXQWLOWKHFRRNWRSFRROVDQGWKHLQGLFDWRUOLJKW
JRHVRXWEHIRUHFOHDQLQJ$ZHWVSRQJHRUFORWKRQD
KRWVXUIDFHFDQFDXVHVWHDPEXUQV6RPHFOHDQHUV
FDQSURGXFHQR[LRXVIXPHVLIDSSOLHGWRDKRWVXUIDFH
127(6XJDUVSLOOVDUHDQH[FHSWLRQ7KH\VKRXOGEH
VFUDSHGRIIZKLOHVWLOOKRWXVLQJDQRYHQPLWWDQGD
VFUDSHU6HHWKH&OHDQLQJWKHJODVVFRRNWRSVHFWLRQIRU
GHWDLOHGLQVWUXFWLRQV
„5HDGDQGIROORZDOOLQVWUXFWLRQVDQGZDUQLQJVRQWKH
FOHDQLQJFUHDPODEHO
&2,/&22.7236$)(7<,16758&7,216
VRPHPRGHOV
„'RQRWLPPHUVHRUVRDNWKHUHPRYDEOHVXUIDFHXQLWV
'RQRWSXWWKHPLQDGLVKZDVKHU'RQRWVHOIFOHDQWKH
VXUIDFHXQLWVLQDQRYHQ'RLQJVRPD\FDXVHWKHPWR
IDLOSUHVHQWLQJDEXUQRUILUHKD]DUG
„7RDYRLGWKHSRVVLELOLW\RIDEXUQRUHOHFWULFVKRFNDOZD\V
EHFHUWDLQWKDWWKHFRQWUROVIRUDOOVXUIDFHXQLWVDUHDWWKH
2))SRVLWLRQDQGDOOFRLOVDUHFRROEHIRUHDWWHPSWLQJWROLIW
RUUHPRYHDFRLOVXUIDFHXQLW
„%HVXUHWKHGULSSDQVDUHQRWFRYHUHGDQGDUHLQSODFH
7KHLUDEVHQFHGXULQJFRRNLQJFRXOGGDPDJHUDQJH
SDUWVDQGZLULQJ
„'RQRWXVHDOXPLQXPIRLOWROLQHWKHGULSSDQV)RLOFDQWUDS
KHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKHSURGXFWDQGD
VKRFNRUILUHKD]DUG
*($SSOLDQFHVFRP
:$51,1*
29(16$)(7<,16758&7,216
„6WDQGDZD\IURPWKHUDQJHZKHQRSHQLQJWKHRYHQ
„3XOOWKHRYHQUDFNWRWKHVWRSORFNSRVLWLRQZKHQ
GRRU+RWDLURUVWHDPZKLFKHVFDSHVFDQFDXVHEXUQV
ORDGLQJDQGXQORDGLQJIRRGIURPWKHRYHQ7KLVKHOSV
WRKDQGVIDFHDQGRUH\HV
SUHYHQWEXUQVIURPWRXFKLQJKRWVXUIDFHVRIWKHGRRU
DQGRYHQZDOOV
„.HHSWKHRYHQYHQWXQREVWUXFWHG
„'RQRWOHDYHLWHPVVXFKDVSDSHUFRRNLQJXWHQVLOVRU
„.HHSWKHRYHQIUHHIURPJUHDVHEXLOGXS*UHDVHLQWKH
IRRGLQWKHRYHQZKHQQRWLQXVH,WHPVVWRUHGLQDQ
RYHQPD\LJQLWH
RYHQFDQLJQLWH
„3ODFHRYHQUDFNVLQGHVLUHGORFDWLRQZKLOHRYHQLVFRRO
„
'RQRWXVHDOXPLQXPIRLOWROLQHWKHRYHQERWWRP
,IUDFNPXVWEHPRYHGZKLOHRYHQLVKRWGRQRWOHWSRW
)RLOFDQWUDSKHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKH
KROGHUFRQWDFWKRWKHDWLQJHOHPHQWLQRYHQ
SURGXFWDQGDVKRFNRUILUHKD]DUG
„:KHQXVLQJFRRNLQJRUURDVWLQJEDJVLQWKHRYHQIROORZ
WKHPDQXIDFWXUHU·VGLUHFWLRQV
:$51,1*
6(/)&/($1,1*29(16$)(7<,16758&7,216
6RPHPRGHOV
7KHVHOIFOHDQLQJIHDWXUHRSHUDWHVWKHRYHQDWWHPSHUDWXUHVKLJKHQRXJKWREXUQDZD\IRRGVRLOVLQWKHRYHQ
)ROORZWKHVHLQVWUXFWLRQVIRUVDIHRSHUDWLRQ
„%HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHUHPRYHSDQVVKLQ\ „'RQRWFOHDQWKHGRRUJDVNHW7KHGRRUJDVNHWLV
HVVHQWLDOIRUDJRRGVHDO&DUHVKRXOGEHWDNHQQRWWR
PHWDORYHQUDFNVDQGRWKHUXWHQVLOVIURPWKHRYHQ2QO\
UXEGDPDJHRUPRYHWKHJDVNHW
JUD\RUEODFNSRUFHODLQFRDWHGRYHQUDFNVDQGGULSSDQV
PD\EHOHIWLQWKHRYHQ'RQRWXVHVHOIFOHDQWRFOHDQ
„'RQRWXVHRYHQFOHDQHUV1RFRPPHUFLDORYHQFOHDQHU
RWKHUSDUWVVXFKDVVKLQ\GULSSDQVRUERZOV
RURYHQOLQHUSURWHFWLYHFRDWLQJRIDQ\NLQGVKRXOGEH
XVHGLQRUDURXQGDQ\SDUWRIWKHRYHQ
„%HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHZLSHJUHDVHDQG
IRRGVRLOVIURPWKHRYHQ([FHVVLYHDPRXQWRIJUHDVH
„'RQRWXVHDOXPLQXPIRLOWROLQHWKHRYHQERWWRP)RLOFDQ
PD\LJQLWHOHDGLQJWRVPRNHGDPDJHWR\RXUKRPH
WUDSKHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKHSURGXFWDQGD
VKRFNRUILUHKD]DUG
„,IWKHVHOIFOHDQLQJPRGHPDOIXQFWLRQVWXUQWKHRYHQRII
DQGGLVFRQQHFWWKHSRZHUVXSSO\+DYHLWVHUYLFHGE\D
TXDOLILHGWHFKQLFLDQ
:$51,1*
:$50,1*'5$:(5/2:(529(1'5$:(56$)(7<
,16758&7,216VRPHPRGHOV
„7KHSXUSRVHRIWKHZDUPLQJGUDZHULVWRKROGKRW
FRRNHGIRRGVDWVHUYLQJWHPSHUDWXUH%DFWHULDZLOOJURZ
LQIRRGZKLOHLWLVEHORZƒ)'RQRWSXWFROGIRRG
LQZDUPLQJGUDZHU'RQRWKHDWIRRGIRUPRUHWKDQ
KRXUV)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQ
IRRGERUQHLOOQHVV
„'RQRWOHDYHSDSHUSURGXFWVSODVWLFVFDQQHGIRRGRU
FRPEXVWLEOHPDWHULDOVLQWKHGUDZHU7KH\PD\LJQLWH
„'RQRWWRXFKWKHKHDWLQJHOHPHQWRUWKHLQWHULRUVXUIDFH
RIWKHGUDZHU7KHVHVXUIDFHVPD\EHKRWHQRXJKWR
FDXVHEXUQV
„8VHFDUHZKHQRSHQLQJWKHGUDZHU2SHQWKHGUDZHUD
FUDFNDQGOHWKRWDLURUVWHDPHVFDSHEHIRUHUHPRYLQJ
RUUHSODFLQJIRRG+RWDLURUVWHDPWKDWHVFDSHVFDQ
FDXVHEXUQVWRKDQGVIDFHDQGRUH\HV
„'RQRWXVHDOXPLQXPIRLOWROLQHWKHORZHUGUDZHU7KH
IRLOZLOOWUDSKHDWEHORZDQGXSVHWWKHSHUIRUPDQFH
RIWKHRYHQ)RLOFDQPHOWDQGSHUPDQHQWO\GDPDJH
WKHGUDZHUERWWRP'DPDJHIURPLPSURSHUXVHRI
DOXPLQXPIRLOLVQRWFRYHUHGE\WKHSURGXFWZDUUDQW\
5($'$1')2//2:7+,66$)(7<,1)250$7,21&$5()8//<
6$9(7+(6(,16758&7,216
8VLQJWKHVXUIDFHXQLWV
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
+RZWR6HW
,QGLFDWRU/LJKWVRQUDGLDQWJODVVPRGHOVRQO\
$+27685)$&(RU+27&22.723GHSHQGLQJRQ
PRGHOLQGLFDWRUOLJKWZLOOJORZZKHQDQ\UDGLDQW
HOHPHQWLVKRWDQGZLOOUHPDLQRQHYHQDIWHUWKH
$WERWK2II DQG+L WKHFRQWUROFOLFNV LQWR
XQLWLVWXUQHGRIIXQWLOWKHVXUIDFHLVFRROHGWR
SRVLWLRQ<RXPD\KHDUVOLJKWFOLFNLQJVRXQGV DSSUR[LPDWHO\ƒ)
GXULQJFRRNLQJLQGLFDWLQJWKHFRQWUROLV
$685)$&(81,7RQRU%851(521GHSHQGLQJ
NHHSLQJWKHSRZHUOHYHO\RXVHW
RQPRGHOLQGLFDWRUOLJKWZLOOJORZZKHQDQ\
VXUIDFHXQLWLVRQ
127(7KH685)$&(81,7RU%851(521
LQGLFDWRUOLJKWPD\JORZEHWZHHQWKHVXUIDFH
FRQWUROVHWWLQJVRI/RDQG2IIEXWWKHUHLVQR
SRZHUWRWKHVXUIDFHXQLWV
3XVKWKHNQRELQDQGWXUQLQHLWKHUGLUHFWLRQ
WRWKHVHWWLQJ\RXZDQW
%HVXUH\RXWXUQWKHFRQWURONQRE
WR2IIZKHQ\RXILQLVKFRRNLQJ
'XDO6XUIDFH8QLWDQG&RQWURO.QRE
RQVRPHPRGHOV
7KHIURQWVXUIDFHXQLWVKDYHFRRNLQJVL]HV
µDQGµWRVHOHFWIURPVR\RXFDQPDWFK
WKHVL]HRIWKHXQLWWRWKHVL]HRIWKHFRRNZDUH
\RXDUHXVLQJ
7RXVHWKHVPDOOVXUIDFHXQLWWXUQWKH
FRQWURONQREFRXQWHUFORFNZLVHWRWKH60$//
%851(5VHWWLQJV
2QVRPHPRGHOV
7RXVHWKHODUJHVXUIDFHXQLWWXUQWKHFRQWURO
NQREFORFNZLVHWRWKH/$5*(%851(5
VHWWLQJV
2QVRPHPRGHOV
2QVRPHPRGHOV
8VLQJWKH:DUPLQJ=RQH
RQVRPHPRGHOV
:$51,1*
2QVRPHPRGHOV
)22'32,621+$=$5'%DFWHULDPD\JURZLQ
IRRGDWWHPSHUDWXUHVEHORZƒ)
„$OZD\VVWDUWZLWKKRWIRRG'RQRWXVHZDUP
VHWWLQJWRKHDWFROGIRRG
„'RQRWXVHZDUPVHWWLQJIRUPRUHWKDQ
KRXUV
)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQ
IRRGERUQHLOOQHVV
7KH:$50,1*=21(ORFDWHGLQWKHEDFNFHQWHU
RIWKHJODVVVXUIDFHZLOONHHSKRWFRRNHGIRRG
DWVHUYLQJWHPSHUDWXUH$OZD\VVWDUWZLWKKRW
IRRG'RQRWXVHWRKHDWFROGIRRG3ODFLQJ
XQFRRNHGRUFROGIRRGRQWKH:$50,1*=21(
FRXOGUHVXOWLQIRRGERUQHLOOQHVV
3XVKDQGWXUQWKHFRQWURONQREWRDQ\GHVLUHG
VHWWLQJ
)RUEHVWUHVXOWVDOOIRRGVRQWKH:$50,1*
=21(VKRXOGEHFRYHUHGZLWKDOLGRUDOXPLQXP
IRLO:KHQZDUPLQJSDVWULHVRUEUHDGVWKH
FRYHUVKRXOGEHYHQWHGWRDOORZPRLVWXUHWR
HVFDSH
8VHWKHORZHVWVHWWLQJIRUEUHDGVDQGSDVWULHV
8VHDPHGLXPVHWWLQJIRUYHJHWDEOHVVDXFHV
VWHZVFUHDPVRXSVEXWWHUDQGFKRFRODWH8VH
WKHKLJKHVWVHWWLQJIRUVRXSVOLTXLGDQGKRW
EHYHUDJHV7KHVHLQLWLDOVXJJHVWHGVHWWLQJVDUH
IRUUHIHUHQFHRQO\7KHWHPSHUDWXUHW\SHDQG
DPRXQWRIIRRGW\SHRISDQDQGWKHWLPHKHOG
ZLOODIIHFWWKHTXDOLW\RIWKHIRRG
$OZD\VXVHSRWKROGHUVRURYHQPLWWVZKHQ
UHPRYLQJIRRGIURPWKH:$50,1*=21(
VLQFHFRRNZDUHDQGSODWHVZLOOEHKRW
127(7KHVXUIDFHZDUPHUZLOOQRWJORZUHGOLNH
WKHFRRNLQJHOHPHQWV
8VLQJWKHUDGLDQWVXUIDFHXQLWVRQVRPHPRGHOV
*($SSOLDQFHVFRP
$ERXWWKHUDGLDQWVXUIDFHXQLWV«
SURFACE
COOKING
7KHUDGLDQWFRRNWRSIHDWXUHVKHDWLQJXQLWV
EHQHDWKDVPRRWKJODVVVXUIDFH
127($VOLJKWRGRULVQRUPDOZKHQDQHZ
FRRNWRSLVXVHGIRUWKHILUVWWLPH,WLVFDXVHG
E\WKHKHDWLQJRIQHZSDUWVDQGLQVXODWLQJ
PDWHULDOVDQGZLOOGLVDSSHDULQDVKRUWWLPH
1HYHUFRRNGLUHFWO\RQWKHJODVV
$OZD\VXVHFRRNZDUH
OFF CENTER
„:DWHUVWDLQVPLQHUDOGHSRVLWVDUHUHPRYDEOH
XVLQJWKHFOHDQLQJFUHDPRU
IXOOVWUHQJWKZKLWHYLQHJDU
„8VHRIZLQGRZFOHDQHUPD\OHDYHDQ
LULGHVFHQWILOPRQWKHFRRNWRS7KHFOHDQLQJ
FUHDPZLOOUHPRYHWKLVGLVFRORUDWLRQ
7KHVXUIDFHXQLWZLOOF\FOHRQDQGRIIWR
PDLQWDLQ\RXUVHOHFWHGFRQWUROVHWWLQJ
„'RQ·WVWRUHKHDY\LWHPVDERYHWKHFRRNWRS,I
WKH\GURSRQWRWKHFRRNWRSWKH\FDQFDXVH
GDPDJH
,WLVVDIHWRSODFHKRWFRRNZDUHIURPWKHRYHQ
RUVXUIDFHRQWKHJODVVVXUIDFHZKHQWKH
VXUIDFHLVFRRO
„'RQRWXVHWKHVXUIDFHDVDFXWWLQJERDUG
(YHQDIWHUWKHVXUIDFHXQLWVDUHWXUQHGRIIWKH
JODVVFRRNWRSUHWDLQVHQRXJKKHDWWRFRQWLQXH
FRRNLQJ7RDYRLGRYHUFRRNLQJUHPRYHSDQV
IURPWKHVXUIDFHXQLWVZKHQWKHIRRGLVFRRNHG
$YRLGSODFLQJDQ\WKLQJRQWKHVXUIDFHXQLW
XQWLOLWKDVFRROHGFRPSOHWHO\
$OZD\VSODFHWKHSDQLQWKHFHQWHURI
WKHVXUIDFHXQLW\RXDUHFRRNLQJRQ
DRAGGING
'RQRWVOLGHFRRNZDUHDFURVVWKHFRRNWRS
EHFDXVHLWFDQVFUDWFKWKHJODVV³WKHJODVVLV
VFUDWFKUHVLVWDQWQRWVFUDWFKSURRI
7HPSHUDWXUH/LPLWHU
(YHU\UDGLDQWVXUIDFHXQLWKDVDWHPSHUDWXUH
OLPLWHU
7KHWHPSHUDWXUHOLPLWHUPD\F\FOHWKHXQLWVRII
IRUDWLPHLI
7KHWHPSHUDWXUHOLPLWHUSURWHFWVWKHJODVV
FRRNWRSIURPJHWWLQJWRRKRW
„7KHSDQERLOVGU\
„7KHSDQERWWRPLVQRWIODW
„7KHSDQLVRIIFHQWHU
„7KHUHLVQRSDQRQWKHXQLW
6HOHFWLQJW\SHVRIFRRNZDUH
7KHIROORZLQJLQIRUPDWLRQZLOOKHOS\RXFKRRVHFRRNZDUHZKLFKZLOOJLYHJRRGSHUIRUPDQFHRQJODVVFRRNWRSV
6WDLQOHVV6WHHO
*ODVVFHUDPLF
UHFRPPHQGHG
XVDEOHEXWQRWUHFRPPHQGHG
3RRUSHUIRUPDQFH0D\VFUDWFKWKHVXUIDFH
$OXPLQXP
&KHFNSDQVIRUIODWERWWRPVE\
XVLQJDVWUDLJKWHGJH
KHDY\ZHLJKWUHFRPPHQGHG
*RRGFRQGXFWLYLW\$OXPLQXPUHVLGXHV
VRPHWLPHVDSSHDUDVVFUDWFKHVRQWKH
FRRNWRSEXWFDQEHUHPRYHGLIFOHDQHG
LPPHGLDWHO\%HFDXVHRILWVORZPHOWLQJSRLQW
WKLQZHLJKWDOXPLQXPVKRXOGQRWEHXVHG
&RSSHU%RWWRP
UHFRPPHQGHG
&RSSHUPD\OHDYHUHVLGXHVZKLFKFDQDSSHDU
DVVFUDWFKHV7KHUHVLGXHVFDQEHUHPRYHGDV
ORQJDVWKHFRRNWRSLVFOHDQHGLPPHGLDWHO\
+RZHYHUGRQRWOHWWKHVHSRWVERLOGU\
2YHUKHDWHGPHWDOFDQERQGWRJODVVFRRNWRSV
$QRYHUKHDWHGFRSSHUERWWRPSRWZLOOOHDYHD
UHVLGXHWKDWZLOOSHUPDQHQWO\VWDLQWKHFRRNWRS
LIQRWUHPRYHGLPPHGLDWHO\
6WRQHZDUH
XVDEOHEXWQRWUHFRPPHQGHG
3RRUSHUIRUPDQFH0D\VFUDWFKWKHVXUIDFH
+RPH&DQQLQJ7LSV
%HVXUHWKHFDQQHULVFHQWHUHGRYHUWKHVXUIDFH
XQLW
0DNHVXUHWKHFDQQHULVIODWRQWKHERWWRP
8VHUHFLSHVDQGSURFHGXUHVIURPUHSXWDEOH
VRXUFHV7KHVHDUHDYDLODEOHIURP
PDQXIDFWXUHUVVXFKDV%DOOŠDQG.HUUŠDQGWKH
'HSDUWPHQWRI$JULFXOWXUH([WHQVLRQ6HUYLFH
7RSUHYHQWEXUQVIURPVWHDPRUKHDWXVH
FDXWLRQZKHQFDQQLQJ
3RUFHODLQ(QDPHO&RYHUHG&DVW,URQ
3DQVZLWKURXQGHGFXUYHG
ULGJHGRUZDUSHGERWWRPVDUH
QRWUHFRPPHQGHG
UHFRPPHQGHG
$VORQJDVWKHFRRNZDUHLVFRYHUHGFRPSOHWHO\
ZLWKSRUFHODLQHQDPHOWKLVFRRNZDUHLV
UHFRPPHQGHG&DXWLRQLVUHFRPPHQGHGIRU
FDVWLURQFRRNZDUHWKDWLVQRWFRPSOHWHO\
FRYHUHGZLWKVPRRWKSRUFHODLQHQDPHODVLW
PD\VFUDWFKWKHJODVVFHUDPLFFRRNWRS
7KHIROORZLQJLQIRUPDWLRQZLOOKHOS\RXFKRRVHFRRNZDUHZKLFKZLOOJLYHJRRGSHUIRUPDQFHRQFRLOFRRNWRSV
6XUIDFH&RRNZDUH7LSV
s
1RWRYHULQFK
8VHPHGLXPRUKHDY\ZHLJKWFRRNZDUH
$OXPLQXPFRRNZDUHFRQGXFWVKHDWIDVWHUWKDQ
RWKHUPHWDOV&DVWLURQDQGFRDWHGFDVWLURQ
FRRNZDUHDUHVORZWRDEVRUEKHDWEXW
JHQHUDOO\FRRNHYHQO\DWORZWRPHGLXPKHDW
VHWWLQJV6WHHOSDQVPD\FRRNXQHYHQO\LIQRW
FRPELQHGZLWKRWKHUPHWDOV
)RUEHVWFRRNLQJUHVXOWVSDQVVKRXOGEH
IODWRQWKHERWWRP0DWFKWKHVL]HRIWKH
VDXFHSDQWRWKHVL]HRIWKHVXUIDFHXQLW
7KHSDQVKRXOGQRWH[WHQGRYHUWKHHGJH
RIWKHVXUIDFHXQLWPRUHWKDQLQFK
:RN&RRNLQJ
:HUHFRPPHQGWKDW\RXXVHRQO\DIODW
ERWWRPHGZRN7KH\DUHDYDLODEOHDW\RXUORFDO
UHWDLOVWRUH
'RQRWXVHZRNVWKDWKDYHVXSSRUWULQJV8VH
RIWKHVHW\SHVRIZRNVZLWKRUZLWKRXWWKHULQJ
LQSODFHFDQEHGDQJHURXV
8VHRQO\IODWERWWRPHGZRNV
3ODFLQJWKHULQJRYHUWKHVXUIDFHXQLWZLOOFDXVH
DEXLOGXSRIKHDWWKDWZLOOGDPDJH
WKHSRUFHODLQFRRNWRS'RQRWWU\WRXVHVXFK
ZRNVZLWKRXWWKHULQJ<RXFRXOGEHVHULRXVO\
EXUQHGLIWKHZRNWLSVRYHU
8VLQJWKHRYHQFRQWUROVRQVRPHPRGHOV
*($SSOLDQFHVFRP
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
or
or
2YHQ&RQWURO&ORFNDQG7LPHU)HDWXUHVDQG6HWWLQJV
%$.(7(035(&$//3DG
7RXFKWKLVSDGWRVHOHFWWKHEDNHIXQFWLRQ
%$.(/LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJHWKH
RYHQWHPSHUDWXUHDWWKLVSRLQW*ORZVZKHQWKH
RYHQLVLQEDNHPRGH
67$57213DG
XVWEHWRXFKHGWRVWDUWDQ\FRRNLQJRUFOHDQLQJ
0
IXQFWLRQ
'LVSOD\
KRZVWKHWLPHRIGD\RYHQWHPSHUDWXUH
6
ZKHWKHUWKHRYHQLVLQWKHEDNHEURLORUVHOI
FOHDQLQJPRGHDQGWKHWLPHVVHWIRUWKHWLPHURU
DXWRPDWLFRYHQRSHUDWLRQV7KHGLVSOD\ZLOOVKRZ
35(ZKLOHSUHKHDWLQJ:KHQWKHRYHQUHDFKHVWKH
VHOHFWHGWHPSHUDWXUHWKHRYHQFRQWUROZLOOEHHS
DQGWKHGLVSOD\ZLOOVKRZWKHRYHQWHPSHUDWXUH
,I´)²DQGDQXPEHURUOHWWHUµIODVKLQWKHGLVSOD\DQGWKH
RYHQFRQWUROVLJQDOVWKLVLQGLFDWHVDIXQFWLRQHUURUFRGH
,I\RXURYHQZDVVHWIRUDWLPHGRYHQRSHUDWLRQDQGD
SRZHURXWDJHRFFXUUHGWKHFORFNDQGDOOSURJUDPPHG
IXQFWLRQVPXVWEHUHVHW
7KHWLPHRIGD\ZLOOIODVKLQWKHGLVSOD\ZKHQWKHUHKDV
EHHQDSRZHURXWDJH5HVHWWKHFORFN
,IWKHIXQFWLRQHUURUFRGHDSSHDUVGXULQJWKHVHOI
FOHDQLQJF\FOHFKHFNWKHRYHQGRRUODWFK7KHODWFK
KDQGOHPD\KDYHEHHQPRYHGHYHQLIRQO\VOLJKWO\IURP
WKHODWFKHGSRVLWLRQ0DNHVXUHWKHODWFKLVPRYHGWRWKH
ULJKWDVIDUDVLWZLOOJR
7RXFKWKH&/($52))SDG$OORZWKHRYHQWRFRRO
IRURQHKRXU3XWWKHRYHQEDFNLQWRRSHUDWLRQ,IWKH
IXQFWLRQHUURUFRGHUHSHDWVGLVFRQQHFWWKHSRZHUWRWKH
UDQJHDQGFDOOIRUVHUYLFH
.,7&+(17,0(5212))RU
7,0(5212))SDG
7RXFKWKLVSDGWRVHOHFWWKHWLPHUIHDWXUH
7KHQWRXFKWKHDQG²SDGVWRDGMXVWWKHWLPHU
7,0(5/LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJHWKHVHW
WLPHDWWKLVSRLQW*ORZVZKHQWKHWLPHUKDVEHHQ
DFWLYDWHG)ODVKHVDJDLQZKHQWKHWLPHKDVUXQRXW
XQWLOWKHFRQWUROLVUHVHW
&/2&.3DG
7 RVHWWKHFORFNSUHVVWKLVSDGWZLFHDQGWKHQ
SUHVVWKHDQG²SDGV7KHWLPHRIGD\ZLOOIODVK
LQWKHGLVSOD\ZKHQWKHRYHQLVILUVWWXUQHGRQ
67$577,0(212))3DGRQVRPHPRGHOV
8VHDORQJZLWKWKH&22.,1*7,0(212))RU
6(/)&/($1SDGVWRVHWWKHRYHQWRVWDUWDQG
VWRSDXWRPDWLFDOO\DWDWLPH\RXVHW
6WDUW7LPH/LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJHWKH
VWDUWWLPHDWWKLVSRLQW*ORZVZKHQWKHIXQFWLRQ
KDVEHHQDFWLYDWHG
&22.,1*7,0(212))3DGRQVRPHPRGHOV
7RXFKWKLVSDGDQGWKHQWRXFKWKHRU²SDGV
WRVHWWKHDPRXQWRIWLPH\RXZDQW\RXUIRRG
WRFRRN7KHRYHQZLOOVKXWRIIZKHQWKHFRRNLQJ
WLPHKDVUXQRXW
&22.,1*7,0(/LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJHWKH
VHWWLPHDWWKLVSRLQW*ORZVZKHQWKHIXQFWLRQKDV
EHHQDFWLYDWHG)ODVKHVDJDLQZKHQWKHWLPHKDV
UXQRXWXQWLOWKHFRQWUROLVUHVHW
8VLQJWKHRYHQFRQWUROVRQVRPHPRGHOV
2YHQ&RQWURO&ORFNDQG7LPHU)HDWXUHVDQG6HWWLQJV
$8720$7,&29(1/LJKWRQVRPHPRGHOV
&/($52))3DG
7 KLVOLJKWVDQ\WLPHWKHRYHQKDVEHHQ
SURJUDPPHGXVLQJWKH&22.,1*7,0(
2567$577,0(IXQFWLRQV
%52,/+,/23DG
29(1/,*+7212))RU
3DG
7RXFKWKLVSDGWRWXUQWKHRYHQOLJKWRQRURII
²3DG
KRUWWDSVWRWKLVSDGZLOOGHFUHDVHWKHWLPHRU
6
WHPSHUDWXUHE\VPDOODPRXQWV7RXFKDQGKROG
WKHSDGWRGHFUHDVHWKHWLPHRUWHPSHUDWXUHE\
ODUJHUDPRXQWV
3DG
KRUWWDSVWRWKLVSDGZLOOLQFUHDVHWKHWLPHRU
6
WHPSHUDWXUHE\VPDOODPRXQWV7RXFKDQGKROG
WKHSDGWRLQFUHDVHWKHWLPHRUWHPSHUDWXUHE\
ODUJHUDPRXQWV
6(/)&/($13DGRQVRPHPRGHOV
7RXFKWKLVSDGWRVHOHFWWKHVHOIFOHDQLQJIXQFWLRQ
6HHWKH8VLQJWKHVHOIFOHDQLQJRYHQVHFWLRQ
&/($1/LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJH
WKHOHQJWKRIWLPHIRUWKHVHOIFOHDQF\FOHDWWKLV
SRLQW*ORZVZKHQWKHRYHQLVLQWKHVHOIFOHDQ
F\FOH$IWHUWKHVHOIFOHDQF\FOHWKHOLJKWZLOOWXUQRII
8QODWFKWKHGRRU
7RXFKWKLVSDGWRFDQFHO$//RYHQRSHUDWLRQV
H[FHSWWKHFORFNDQGWLPHU
7RXFKWKLVSDGWRVHOHFWWKHEURLOIXQFWLRQ
%52,//LJKW
)ODVKHVZKLOHLQHGLWPRGH³\RXFDQVZLWFKIURP+,
WR/2%52,/DWWKLVSRLQW*ORZVZKHQWKHRYHQLVLQ
EURLOPRGH
,QGLFDWRU/LJKWVRQVRPHSDGV
(',7PRGHODVWVVHYHUDOVHFRQGVDIWHUWKHODVW
SDGSUHVV67$577,0(212))DQG&22.,1*
7,0(212))ZLOOEHWKHRQO\SDGVOLWLIHLWKHURI
WKHVHRSWLRQVLVVHOHFWHG([DPSOH67$577,0(
LVVHOHFWHGZLWK%$.(³WKH67$577,0(SDGZLOO
UHPDLQOLWXQWLOWKHFORFNUHDFKHVWKHSURJUDPPHG
WLPHDWZKLFKSRLQWLWZLOOWXUQRIIDQGWKH%$.(
7(035(&$//SDGOLJKWZLOOOLJKWXS
8VLQJWKHRYHQ
*($SSOLDQFHVFRP
&ORFNDQG.LWFKHQ7LPHURQVRPHPRGHOV
.,7&+(17,0(5212))3DG
7RXFKWKLVSDGWRVHOHFWWKHWLPHUIHDWXUH
&/2&.3DG
7RXFKWKLVSDGEHIRUHVHWWLQJWKHFORFN
'LVSOD\
6KRZVWKHWLPHRIGD\DQGWKHWLPHVHWIRUWKHWLPHUFRRNWLPHRUVWDUWWLPH
6(73DGV
$SSHDUDQFHPD\YDU\
7KHVHSDGVDOORZ\RXWRVHWWKHFORFNDQGWLPHU
OVEN
OFF
2YHQ7HPSHUDWXUH.QRERQVRPHPRGHOV
TEMP
0
20
AN
CLE
300 3
50
250
7XUQWKLVNQREWRWKHVHWWLQJ\RXZDQW
„7KHRYHQF\FOLQJOLJKWFRPHVRQGXULQJFRRNLQJ
40
0
0
45
BROIL
500
2QVRPHPRGHOV³
DSSHDUDQFHZLOOYDU\
2QVRPHPRGHOV³
DSSHDUDQFHZLOOYDU\
%HIRUH\RXEHJLQ«
7RDYRLGSRVVLEOHEXUQVSODFHWKHUDFNVLQWKH
GHVLUHGSRVLWLRQEHIRUH\RXWXUQWKHRYHQRQ
7KHRYHQKDVUDFNSRVLWLRQV,W
DOVRKDVDVSHFLDOORZUDFNSRVLWLRQ
5IRUH[WUDODUJHLWHPVVXFKDVD
ODUJHWXUNH\
7KHUDFNVKDYHVWRSORFNVVRWKDWZKHQ
SODFHGFRUUHFWO\RQWKHUDFNVXSSRUWV$
WKURXJK(WKH\ZLOOVWRSEHIRUHFRPLQJ
FRPSOHWHO\RXWDQGZLOOQRWWLOW
:KHQSODFLQJDQGUHPRYLQJFRRNZDUH
SXOOWKHUDFNRXWWRWKHEXPSRQWKHUDFN
VXSSRUW
7RUHPRYHDUDFNSXOOLWWRZDUG\RXWLOWWKH
IURQWHQGXSDQGSXOOLWRXW
7RUHSODFHSODFHWKHHQGRIWKHUDFNVWRS
ORFNVRQWKHVXSSRUWWLOWXSWKHIURQWDQG
SXVKWKHUDFNLQ
127(7KHUDFNLVQRWGHVLJQHGWRVOLGHRXWDW
WKHVSHFLDOORZUDFN5SRVLWLRQ
+RZWR6HWWKH2YHQIRU%DNLQJRU5RDVWLQJRQPRGHOVZLWKRXWDQRYHQWHPSHUDWXUHNQRE
7RXFKWKH%$.(SDG
7RXFKWKHRU²SDGVXQWLOWKHGHVLUHG
WHPSHUDWXUHLVGLVSOD\HG
7RXFKWKH67$5721SDG
7KHRYHQKDVDVSHFLDOORZUDFN
5SRVLWLRQMXVWDERYHWKHRYHQ
ERWWRP8VHLWZKHQH[WUDFRRNLQJ
VSDFHLVQHHGHGIRUH[DPSOH
ZKHQFRRNLQJDODUJHWXUNH\7KH
UDFNLVQRWGHVLJQHGWRVOLGHRXWDW
WKLVSRVLWLRQ
7KHRYHQZLOOVWDUWDXWRPDWLFDOO\7KHGLVSOD\
ZLOOVKRZ35(ZKLOHSUHKHDWLQJ:KHQWKHRYHQ
UHDFKHVWKHVHOHFWHGWHPSHUDWXUHWKHRYHQ
FRQWUROZLOOEHHSDQGWKHGLVSOD\ZLOOVKRZWKH
RYHQWHPSHUDWXUH
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJ%$.(
F\FOHWRXFKWKH%$.(SDGDQGWKHQWKHRU²
SDGVWRJHWWKHQHZWHPSHUDWXUH
&KHFNIRRGIRUGRQHQHVVDWPLQLPXPWLPH
RQUHFLSH&RRNORQJHULIQHFHVVDU\
7RXFKWKH&/($52))SDGZKHQEDNLQJLV
ILQLVKHGDQGWKHQUHPRYHWKHIRRGIURP
WKHRYHQ
7\SHRI)RRG
5DFN3RVLWLRQ
)UR]HQSLHVRQFRRNLHVKHHW
&
$QJHOIRRGFDNH
EXQGWRUSRXQGFDNHV
%
%LVFXLWVPXIILQVEURZQLHV
FRRNLHVFXSFDNHV
OD\HUFDNHVSLHV
%RU&
&DVVHUROHV
%RU&
7XUNH\
5RU$
5RDVWLQJ
5$RU%
8VLQJWKHRYHQ
7\SHRI0DUJDULQH:LOO$IIHFW%DNLQJ3HUIRUPDQFH
0RVWUHFLSHVIRUEDNLQJKDYHEHHQ
GHYHORSHGXVLQJKLJKIDWSURGXFWVVXFK
DVEXWWHURUPDUJDULQHIDW,I\RX
GHFUHDVHWKHIDWWKHUHFLSHPD\QRWJLYH
WKHVDPHUHVXOWVDVZLWKDKLJKHUIDW
SURGXFW
5HFLSHIDLOXUHFDQUHVXOWLIFDNHVSLHVSDVWULHV
FRRNLHVRUFDQGLHVDUHPDGHZLWKORZIDW
VSUHDGV7KHORZHUWKHIDWFRQWHQWRIDVSUHDG
SURGXFWWKHPRUHQRWLFHDEOHWKHVHGLIIHUHQFHV
EHFRPH
)HGHUDOVWDQGDUGVUHTXLUHSURGXFWVODEHOHG
´PDUJDULQHµWRFRQWDLQDWOHDVWIDWE\
ZHLJKW/RZIDWVSUHDGVRQWKHRWKHUKDQG
FRQWDLQOHVVIDWDQGPRUHZDWHU7KHKLJK
PRLVWXUHFRQWHQWRIWKHVHVSUHDGVDIIHFWV
WKHWH[WXUHDQGIODYRURIEDNHGJRRGV)RU
EHVWUHVXOWVZLWK\RXUROGIDYRULWHUHFLSHVXVH
PDUJDULQHEXWWHURUVWLFNVSUHDGVFRQWDLQLQJ
DWOHDVWYHJHWDEOHRLO
3UHKHDWLQJDQG3DQ3ODFHPHQW
3UHKHDWWKHRYHQLIWKHUHFLSHFDOOVIRULW
7RSUHKHDWVHWWKHRYHQDWWKHFRUUHFW
WHPSHUDWXUH3UHKHDWLQJLVQHFHVVDU\IRUJRRG
UHVXOWVZKHQEDNLQJFDNHVFRRNLHVSDVWU\DQG
EUHDGV
2QVRPHPRGHOVWKHGLVSOD\ZLOOVKRZ´35(µ
ZKLOHSUHKHDWLQJ:KHQWKHRYHQUHDFKHVWKH
VHOHFWHGWHPSHUDWXUHWKHRYHQFRQWUROZLOOEHHS
DQGWKHGLVSOD\ZLOOVKRZWKHRYHQWHPSHUDWXUH
)RURYHQVZLWKRXWDSUHKHDWLQGLFDWRUOLJKW
RUWRQHSUHKHDWPLQXWHV
%DNLQJUHVXOWVZLOOEHEHWWHULIEDNLQJ
SDQVDUHFHQWHUHGLQWKHRYHQDVPXFKDV
SRVVLEOH3DQVVKRXOGQRWWRXFKHDFKRWKHURU
WKHZDOOVRIWKHRYHQ,I\RXQHHGWRXVHWZR
UDFNVVWDJJHUWKHSDQVVRRQHLV
QRWGLUHFWO\DERYHWKHRWKHUDQGOHDYH
DSSUR[LPDWHO\øsIURPWKHIURQW
RIWKHSDQWRWKHIURQWRIWKHUDFN
$OXPLQXP)RLO
'RQRWXVHDOXPLQXPIRLOWROLQHRYHQ
ERWWRPV7KHIRLOZLOOWUDSKHDWEHORZDQG
XSVHWWKHSHUIRUPDQFHRIWKHRYHQ)RLO
FDQPHOWDQGSHUPDQHQWO\GDPDJHWKH
RYHQERWWRP'DPDJHIURPLPSURSHUXVHRI
DOXPLQXPIRLOLVQRWFRYHUHGE\WKHSURGXFW
ZDUUDQW\
)RLOPD\EHXVHGWRFDWFKVSLOOVE\SODFLQJ
DVKHHWRQDORZHUUDFNVHYHUDOLQFKHV
EHORZWKHIRRG'RQRWXVHPRUHIRLOWKDQ
QHFHVVDU\DQGQHYHUHQWLUHO\FRYHUDQRYHQ
UDFNZLWKDOXPLQXPIRLO.HHSIRLODWOHDVW
µIURPRYHQZDOOVWRSUHYHQWSRRUKHDW
FLUFXODWLRQ
+RZWR6HWWKH2YHQIRU%URLOLQJ
,I\RXUUDQJHLVFRQQHFWHG
WRYROWVUDUHVWHDNV
PD\EHEURLOHGE\SUHKHDWLQJ
WKHEURLOHUDQGSRVLWLRQLQJ
WKHRYHQUDFNRQHSRVLWLRQ
KLJKHU
2QPRGHOVZLWKRXWDQRYHQWHPSHUDWXUHNQRE
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQ
DEURLOHUSDQ
)ROORZVXJJHVWHGUDFNSRVLWLRQVLQWKH
%URLOLQJ*XLGH
/HDYHWKHGRRURSHQWRWKHEURLOVWRS
SRVLWLRQ7KHGRRUVWD\VRSHQE\LWVHOI\HW
WKHSURSHUWHPSHUDWXUHLVPDLQWDLQHGLQ
WKHRYHQ
8VH/2%URLO WRFRRNIRRGVVXFKDVSRXOWU\RU
WKLFNFXWVRIPHDWWKRURXJKO\ZLWKRXWRYHU
EURZQLQJWKHP
7RXFKWKH%52,/+,/2SDGRQFHIRU
+,%52,/
7RFKDQJHWR/2%URLOWRXFKWKH%52,/
+,/2SDGDJDLQ
7RXFKWKH67$5721SDG
:KHQEURLOLQJLVILQLVKHGWRXFKWKH
&/($52))SDG
2QPRGHOVZLWKDQRYHQWHPSHUDWXUHNQRE
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQ
DEURLOHUSDQ
)ROORZVXJJHVWHGUDFNSRVLWLRQVLQWKH
%URLOLQJ*XLGH
&ORVHWKHRYHQGRRU
7XUQWKH2YHQ7HPSHUDWXUH.QREWR
%52,/
:KHQEURLOLQJLVILQLVKHGWXUQWKH2YHQ
7HPSHUDWXUH.QREWR2))
*($SSOLDQFHVFRP
%URLOLQJ*XLGH
7KHVL]HZHLJKWWKLFNQHVV
VWDUWLQJWHPSHUDWXUH
DQG\RXUSUHIHUHQFHRI
GRQHQHVVZLOODIIHFWEURLOLQJ
WLPHV7KLVJXLGHLVEDVHG
RQPHDWVDWUHIULJHUDWRU
WHPSHUDWXUH
‚7KH86'HSDUWPHQWRI$JULFXOWXUH
VD\V´5DUHEHHILVSRSXODUEXW
\RXVKRXOGNQRZWKDWFRRNLQJLW
WRRQO\ƒ)PHDQVVRPHIRRG
SRLVRQLQJRUJDQLVPVPD\VXUYLYHµ
6RXUFH6DIH)RRG%RRN<RXU
.LWFKHQ*XLGH86'$5HY-XQH
7KHRYHQKDVUDFNSRVLWLRQV
)RRG
4XDQWLW\DQG
RU7KLFNQHVV
*URXQG%HHI
%HHI6WHDNV
5DUH‚
0HGLXP
:HOO'RQH
5DUH‚
0HGLXP
:HOO'RQH
&KLFNHQ
%DNHU\3URGXFW
%UHDGWRDVW
(QJOLVK0XIILQ
/REVWHU7DLOV
)LVK)LOOHWV
6DOPRQ
6WHDNV
)LOOHWV
+DP6OLFHV
SUHFRRNHG
3RUN&KRSV
:HOO'RQH
/DPE&KRSV
0HGLXP
:HOO'RQH
0HGLXP
:HOO'RQH
5DFN )LUVW6LGH 6HFRQG6LGH 3RVLWLRQ 7LPHPLQ 7LPHPLQ &RPPHQWV
OESDWWLHV
ø WRøµWKLFN
OEVSDWWLHV
&
&
²
6SDFHHYHQO\
ø WRµWKLFN
WRøOEV
øµWKLFN
WRøOEV
ZKROHFXWXS
WRøOEV
VSOLWOHQJWKZLVH
%UHDVW
WRVOLFHV
VSOLW
²
OEøWRøµWKLFN
(
'
'
&
&
'
%
%
'
(
%
'
²
µWKLFN
øWRøµWKLFN
øµWKLFN
µWKLFN
øµWKLFN
µWKLFNDERXWOE
'
'
&
&
&
&
7XUQFDUHIXOO\'RQRW
WXUQVNLQVLGHGRZQ
µWKLFNDERXW
WRR]
øsWKLFNDERXWOE
'
'
'
'
6ODVKIDW
6WHDNVOHVVWKDQøs
WKLFNDUHGLIILFXOW
²
WRFRRNUDUH
6ODVKIDW
²
%UXVKHDFKVLGHZLWK
PHOWHGEXWWHU
%URLOVNLQVLGH
GRZQILUVW
6SDFHHYHQO\3ODFH
(QJOLVKPXIILQVFXW VLGHXSDQGEUXVK
ZLWKEXWWHULIGHVLUHG
'RQRW
&XWWKURXJKEDFNRI
WXUQ
VKHOO6SUHDGRSHQ
RYHU
%UXVKZLWKPHOWHG
EXWWHUEHIRUHEURLOLQJ
DQGDIWHUKDOIRI
EURLOLQJWLPH
+DQGOHDQGWXUQYHU\
FDUHIXOO\%UXVKZLWK
OHPRQEXWWHUEHIRUH
DQGGXULQJFRRNLQJ
LIGHVLUHG
6ODVKIDW
6HHLOOXVWUDWLRQIRUGHVFULSWLRQRIUDFNSRVLWLRQV
8VLQJWKHFORFNDQGWLPHURQVRPHPRGHOV
1RWDOOIHDWXUHVDUHRQDOOPRGHOV
7R6HWWKH&ORFN
7KHFORFNPXVWEHVHWWRWKHFRUUHFWWLPHRIGD\
IRUWKHDXWRPDWLFRYHQWLPLQJIXQFWLRQVWRZRUN
SURSHUO\7KHWLPHRIGD\FDQQRWEHFKDQJHG
GXULQJDWLPHGEDNLQJRUVHOIFOHDQLQJF\FOH
7RXFKWKH&/2&.SDGWZLFH
7RXFKWKHRU²SDGV
0DNHVXUHWKHFORFNLVVHWWRWKH
FRUUHFWWLPHRIGD\
7RXFKWKH67$5721SDGXQWLOWKHWLPHRI
GD\VKRZVLQWKHGLVSOD\7KLVHQWHUVWKH
WLPHDQGVWDUWVWKHFORFN
7RFKHFNWKHWLPHRIGD\ZKHQWKHGLVSOD\
LVVKRZLQJRWKHULQIRUPDWLRQVLPSO\WRXFK
WKH&/2&.SDG7KHWLPHRIGD\VKRZVXQWLO
DQRWKHUSDGLVWRXFKHG
,IWKHRU²SDGVDUHQRWWRXFKHGZLWKLQRQH
PLQXWHDIWHU\RXWRXFKWKH&/2&.SDGWKH
GLVSOD\UHYHUWVWRWKHRULJLQDOVHWWLQJ,IWKLV
KDSSHQVWRXFKWKH&/2&.SDGDQGUHHQWHU
WKHWLPHRIGD\
7R7XUQ2IIWKH&ORFN'LVSOD\
,I\RXKDYHVHYHUDOFORFNVLQ\RXUNLWFKHQ\RX
PD\ZLVKWRWXUQRIIWKHWLPHRIGD\FORFN
GLVSOD\RQ\RXUUDQJH
7RXFKWKH&/2&.SDGDJDLQWRUHFDOOWKH
FORFNGLVSOD\
7RXFKWKH&/2&.SDGRQFHWRWXUQRIIWKH
WLPHRIGD\GLVSOD\$OWKRXJK\RXZLOOQRW
EHDEOHWRVHHLWWKHFORFNPDLQWDLQVWKH
FRUUHFWWLPHRIGD\
7R6HWWKH7LPHU
RU
or
7KHWLPHUGRHVQRWFRQWURORYHQRSHUDWLRQV7KH
PD[LPXPVHWWLQJRQWKHWLPHULVKRXUV
DQGPLQXWHV
7RXFKWKH67$5721SDG7KHWLPHZLOO
VWDUWFRXQWLQJGRZQDOWKRXJKWKHGLVSOD\
GRHVQRWFKDQJHXQWLORQHPLQXWHKDV
SDVVHG
7RXFKWKH.,7&+(17,0(5212))RU
7,0(5212))SDG
7KHWLPHULVDPLQXWHWLPHURQO\
7KH&/($52))SDGGRHVQRW
DIIHFWWKHWLPHU
7RXFKWKHRU²SDGVXQWLOWKHDPRXQWRI
WLPH\RXZDQWVKRZVLQWKHGLVSOD\7KH
PD[LPXPWLPHWKDWFDQEHHQWHUHGLQ
PLQXWHVLV7LPHVPRUHWKDQ
PLQXWHVVKRXOGEHFKDQJHGWRKRXUVDQG
PLQXWHV
,I\RXPDNHDPLVWDNHWRXFKWKH.,7&+(1
7,0(5212))RU7,0(5212))SDGDQG
EHJLQDJDLQ
:KHQWKHWLPHUUHDFKHVWKHFRQWURO
ZLOOEHHSWLPHVIROORZHGE\RQHEHHS
HYHU\VHFRQGVXQWLOWKH.,7&+(17,0(5
212))RU7,0(5212))SDGLVWRXFKHG
8VLQJWKHFORFNDQGWLPHURQVRPHPRGHOV
*($SSOLDQFHVFRP
1RWDOOIHDWXUHVDUHRQDOOPRGHOV
7R5HVHWWKH7LPHU
,IWKHGLVSOD\LVVWLOOVKRZLQJWKHWLPHUHPDLQLQJ
\RXPD\FKDQJHLWE\WRXFKLQJWKH.,7&+(1
7,0(5212))RU7,0(5212))SDGWKHQ
WRXFKWKHRU²SDGVXQWLOWKHWLPH\RXZDQW
DSSHDUVLQWKHGLVSOD\
,IWKHUHPDLQLQJWLPHLVQRWLQWKHGLVSOD\FORFN
GHOD\VWDUWRUFRRNLQJWLPHDUHLQWKHGLVSOD\
UHFDOOWKHUHPDLQLQJWLPHE\WRXFKLQJWKH
.,7&+(17,0(5212))RU7,0(5212))SDG
DQGWKHQWRXFKLQJWKHRU²SDGVWRHQWHUWKH
QHZWLPH\RXZDQW
7R&DQFHOWKH7LPHU
7RXFKWKH.,7&+(17,0(5212))RU7,0(5
212))SDGWZLFH
(QGRI&\FOH7RQHVRQVRPHPRGHOV
&OHDUWKHWRQHVE\SUHVVLQJWKHSDGRIWKH
IXQFWLRQ\RXDUHXVLQJ
or
RU
RU
or
3RZHU2XWDJH
,IDIODVKLQJWLPHLVLQWKHGLVSOD\\RXKDYH
H[SHULHQFHGDSRZHUIDLOXUH5HVHWWKHFORFN
7RUHVHWWKHFORFNWRXFKWKH&/2&.SDG
WZLFH(QWHUWKHFRUUHFWWLPHRIGD\E\
WRXFKLQJWKHRU²SDGV7RXFKWKH67$57
21SDG
8VLQJWKHWLPHGEDNLQJDQGURDVWLQJIHDWXUHVRQVRPHPRGHOV
'RQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJWLPHGFRRNLQJ7KHODWFKLVXVHGIRUVHOIFOHDQLQJRQO\
127()RRGVWKDWVSRLOHDVLO\³VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN³VKRXOGQRWEHDOORZHGWRVLWIRU
PRUHWKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUHWKDW
WKHRYHQOLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHRYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRN
IRUDVHOHFWHGOHQJWKRIWLPH$WWKHHQG
RIWKHFRRNLQJWLPHWKHRYHQZLOOWXUQRII
DXWRPDWLFDOO\
7RXFKWKH%$.(SDG
7RXFKWKHRU²SDGVWRVHWWKHRYHQ
WHPSHUDWXUH
7RXFKWKH&22.,1*7,0(SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRI
WKHFRRNLQJWLPH
7RXFKWKHRU²SDGVWRVHWWKHEDNLQJ
WLPH
7RXFKWKH67$5721SDG
7KHGLVSOD\VKRZVHLWKHUWKHRYHQWHPSHUDWXUH
WKDW\RXVHWRUWKHFRRNLQJWLPHFRXQWGRZQ
7KHGLVSOD\VWDUWVZLWK35(LIVKRZLQJWKHRYHQ
WHPSHUDWXUH
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKH
SURJUDPPHGDPRXQWRIWLPHWKHQWXUQRII
DXWRPDWLFDOO\
7RXFKWKH&/($52))SDGWRFOHDUWKH
GLVSOD\LIQHFHVVDU\
5HPRYHWKHIRRGIURPWKHRYHQ5HPHPEHU
HYHQWKRXJKWKHRYHQVKXWVRIIDXWRPDWLFDOO\
IRRGVFRQWLQXHFRRNLQJDIWHUFRQWUROVDUHRII
7KHFRRNLQJWLPHWKDW\RXHQWHUHGZLOOEH
GLVSOD\HG,I\RXVHOHFW&RRNLQJ7LPHILUVWDQG
WKHQDGMXVWWKH%DNH7HPSHUDWXUHWKHRYHQ
WHPSHUDWXUHZLOOEHGLVSOD\HGLQVWHDG
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
7KHRYHQZLOOWXUQRQDWWKHWLPHRIGD\\RXVHW
FRRNIRUDVSHFLILFOHQJWKRIWLPHDQGWKHQWXUQ
RIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRI
GD\
7RXFKWKH%$.(SDG
7RXFKWKHRU²SDGVWRVHWWKHRYHQ
WHPSHUDWXUH
7RXFKWKH&22.,1*7,0(SDG
7RXFKWKHRU²SDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPH
7RXFKWKH67$577,0(SDG
7RXFKWKHRU²SDGVWRVHWWKHWLPHRI
GD\\RXZDQWWKHRYHQWRWXUQRQDQG
VWDUWFRRNLQJ
7RXFKWKH67$5721SDG
127($QDWWHQWLRQWRQHZLOOVRXQGLI\RX
DUHXVLQJWLPHGEDNLQJDQGGRQRWWRXFKWKH
67$5721SDG
127(,I\RXZRXOGOLNHWRFKHFNWKHWLPHV
\RXKDYHVHWWRXFKWKH67$577,0(SDGWR
FKHFNWKHVWDUWWLPH\RXKDYHVHWRUWRXFKWKH
&22.,1*7,0(SDGWRFKHFNWKHOHQJWKRI
FRRNLQJWLPH\RXKDYHVHW
:KHQWKHRYHQWXUQVRQDWWKHWLPHRIGD\
\RXKDYHVHWWKHGLVSOD\ZLOOVKRZ35(XQWLOLW
UHDFKHVWKHVHOHFWHGWHPSHUDWXUHWKHQLWZLOO
GLVSOD\WKHRYHQWHPSHUDWXUH
$WWKHHQGRIFRRNLQJWLPHWKHRYHQZLOOWXUQ
RIIDQGWKHHQGRIF\FOHWRQHZLOOVRXQG
7RXFKWKH&/($52))SDGWRFOHDUWKH
GLVSOD\LIQHFHVVDU\
5HPRYHWKHIRRGIURPWKHRYHQ5HPHPEHU
HYHQWKRXJKWKHRYHQVKXWVRIIDXWRPDWLFDOO\
IRRGVFRQWLQXHFRRNLQJDIWHUFRQWUROVDUHRII
6SHFLDOIHDWXUHVRI\RXURYHQFRQWURO
*($SSOLDQFHVFRP
<RXUQHZWRXFKSDGFRQWUROKDVDGGLWLRQDOIHDWXUHVWKDW\RXPD\FKRRVHWRXVH7KHIROORZLQJDUHWKHIHDWXUHVDQGKRZ
\RXPD\DFWLYDWHWKHP
7KHVSHFLDOIHDWXUHPRGHVFDQRQO\EHDFWLYDWHGZKLOHWKHGLVSOD\LVVKRZLQJWKHWLPHRIGD\7KH\UHPDLQLQWKHFRQWURO·V
PHPRU\XQWLOWKHVWHSVDUHUHSHDWHG
:KHQWKHGLVSOD\VKRZV\RXUFKRLFHWRXFKWKH67$5721SDG7KHVSHFLDOIHDWXUHVZLOOUHPDLQLQPHPRU\DIWHUDSRZHU
IDLOXUH
127(7KH6DEEDWKIHDWXUHDQGWKH7KHUPRVWDW$GMXVWPHQWIHDWXUHDUHDOVR6SHFLDO)HDWXUHVEXWWKH\DUHDGGUHVVHG
VHSDUDWHO\LQWKHIROORZLQJVHFWLRQV
+RXU6KXW2II
:LWKWKLVIHDWXUHVKRXOG\RXIRUJHWDQGOHDYH
WKHRYHQRQWKHFRQWUROZLOODXWRPDWLFDOO\
WXUQRIIWKHRYHQDIWHUKRXUVGXULQJEDNLQJ
IXQFWLRQVRUDIWHUKRXUVGXULQJDEURLOIXQFWLRQ
7RXFKWKH&/2&.SDG7KHGLVSOD\ZLOO
VKRZ21KRXUVKXWRII7RXFKWKH
&/2&.SDGUHSHDWHGO\XQWLOWKHGLVSOD\
VKRZV2))QRVKXWRII
,I\RXZLVKWRWXUQ2)) WKLVIHDWXUHIROORZ
WKHVWHSVEHORZ
7RXFKWKH67$5721SDGWRDFWLYDWHWKH
QRVKXWRIIDQGOHDYHWKHFRQWUROVHWLQWKLV
VSHFLDOIHDWXUHVPRGH
7RXFKWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
8VLQJWKH6DEEDWK)HDWXUHRQVRPHPRGHOV
'HVLJQHGIRUXVHRQWKH-HZLVK6DEEDWKDQG+ROLGD\V
7KH6DEEDWKIHDWXUHFDQEHXVHGIRUEDNLQJURDVWLQJRQO\,WFDQQRWEHXVHGIRUEURLOLQJVHOIFOHDQLQJRU'HOD\6WDUW
FRRNLQJ
127(7KHRYHQOLJKWFRPHVRQDXWRPDWLFDOO\RQVRPHPRGHOVZKHQWKHGRRULVRSHQHGDQGJRHVRIIZKHQWKHGRRULV
FORVHG7KHEXOEPD\EHUHPRYHG6HHWKH2YHQ/LJKW5HSODFHPHQWVHFWLRQ2QPRGHOVZLWKDOLJKWVZLWFKRQWKHFRQWURO
SDQHOWKHRYHQOLJKWPD\EHWXUQHGRQDQGOHIWRQ
+RZWR6HWIRU5HJXODU%DNLQJ5RDVWLQJ
127(7RXQGHUVWDQGKRZWKHRYHQFRQWUROZRUNV
SUDFWLFHXVLQJUHJXODUEDNLQJQRQ6DEEDWKEHIRUH
HQWHULQJ6DEEDWKPRGH
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRIGD\
DQGWKHRYHQLVRII
7RXFKDQGKROGERWKWKH%$.(DQG%52,/+,
/2SDGVDWWKHVDPHWLPHXQWLOWKHGLVSOD\
VKRZV6)
7RXFKWKH67$5721SDG
$IWHUDUDQGRPGHOD\SHULRGRIDSSUR[LPDWHO\
VHFRQGVWRPLQXWHŠZLOODSSHDULQWKH
GLVSOD\LQGLFDWLQJWKDWWKHRYHQLVEDNLQJ
URDVWLQJ,IŠGRHVQ·WDSSHDULQWKHGLVSOD\
VWDUWDJDLQDW6WHS
7DSWKH&/2&.SDGXQWLO6$EDSSHDUVLQWKH
GLVSOD\
7RDGMXVWWKHRYHQWHPSHUDWXUHWRXFKWKH%$.(SDG
DQGWDSWKHRU²SDGVWRLQFUHDVHRUGHFUHDVHWKH
WHPSHUDWXUHLQƒLQFUHPHQWV7RXFKWKH67$57
21SDG
7RXFKWKH67$5721SDGDQGŠZLOODSSHDU
LQWKHGLVSOD\
127(7KH&/($52))DQG&22.,1*7,0(SDGVDUH
DFWLYHGXULQJWKH6DEEDWKIHDWXUH
7RXFKWKH%$.(SDG1RVLJQDOZLOOEHJLYHQ
:KHQWKHGLVSOD\VKRZVŠ
WKHRYHQLVVHWLQ6DEEDWK:KHQ
WKHGLVSOD\VKRZVŠWKHRYHQ
LVEDNLQJURDVWLQJ
7KHSUHVHWVWDUWLQJWHPSHUDWXUHZLOO
DXWRPDWLFDOO\EHVHWWRƒ7DSWKHRU²
SDGVWRLQFUHDVHRUGHFUHDVHWKHWHPSHUDWXUH
LQƒLQFUHPHQWV7KHWHPSHUDWXUHFDQEHVHW
EHWZHHQƒDQGƒ1RVLJQDORU
WHPSHUDWXUHZLOOEHJLYHQ
+RZWR6HWIRU7LPHG%DNLQJ5RDVWLQJ³,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
127(7RXQGHUVWDQGKRZWKHRYHQFRQWUROZRUNV
SUDFWLFHXVLQJUHJXODUQRQ6DEEDWK,PPHGLDWH6WDUW
DQG$XWRPDWLF6WRSEHIRUHHQWHULQJWKH6DEEDWK
PRGH
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRIGD\
DQGWKHRYHQLVRII
7RXFKDQGKROGERWKWKH%$.(DQG%52,/+,
/2SDGVDWWKHVDPHWLPHXQWLOWKHGLVSOD\
VKRZV6)
7DSWKH&/2&.SDGXQWLO6$EDSSHDUVLQWKH
GLVSOD\
7RXFKWKH67$5721SDGDQGŠZLOODSSHDULQ
WKHGLVSOD\
7RXFKWKH&22.,1*7,0(SDG
7RXFKWKHRU²SDGVWRVHWWKHGHVLUHGOHQJWK
RIFRRNLQJWLPHEHWZHHQPLQXWHDQGKRXUV
DQGPLQXWHV7KHFRRNLQJWLPHWKDW\RX
HQWHUHGZLOOEHGLVSOD\HG
7RXFKWKH67$5721SDG
:KHQWKHGLVSOD\VKRZVŠ
WKHRYHQLVVHWLQ6DEEDWK
:KHQWKHGLVSOD\VKRZVŠ
WKHRYHQLVEDNLQJURDVWLQJ
7RXFKWKH%$.(SDG1RVLJQDOZLOOEHJLYHQ
7KHSUHVHWVWDUWLQJWHPSHUDWXUHZLOO
DXWRPDWLFDOO\EHVHWWRƒ7DSWKHRU²
SDGVWRLQFUHDVHRUGHFUHDVHWKHWHPSHUDWXUH
LQƒLQFUHPHQWV7KHWHPSHUDWXUHFDQEHVHW
EHWZHHQƒDQGƒ1RVLJQDORU
WHPSHUDWXUHZLOOEHJLYHQ
7RXFKWKH67$5721SDG
$IWHUDUDQGRPGHOD\SHULRGRIDSSUR[LPDWHO\
VHFRQGVWRPLQXWHŠZLOODSSHDULQWKH
GLVSOD\LQGLFDWLQJWKDWWKHRYHQLVEDNLQJ
URDVWLQJ,IŠGRHVQ·WDSSHDULQWKHGLVSOD\
VWDUWDJDLQDW6WHS
7RDGMXVWWKHRYHQWHPSHUDWXUHWRXFKWKH%$.(SDG
DQGWDSWKHRU²SDGVWRLQFUHDVHRUGHFUHDVHWKH
WHPSHUDWXUHLQƒLQFUHPHQWV7RXFKWKH67$57
21SDG
:KHQFRRNLQJLVILQLVKHGWKHGLVSOD\ZLOOFKDQJH
IURPŠWRŠLQGLFDWLQJWKDWWKHRYHQKDVWXUQHG
2))EXWLVVWLOOVHWLQ6DEEDWK5HPRYHWKHFRRNHG
IRRG
8VLQJWKH6DEEDWK)HDWXUHRQVRPHPRGHOV
'HVLJQHGIRUXVHRQWKH-HZLVK6DEEDWKDQG+ROLGD\V
*($SSOLDQFHVFRP
+RZWR([LWWKH6DEEDWK)HDWXUH
7RXFKWKH&/($52))SDG
,IWKHRYHQLVFRRNLQJZDLWIRUDUDQGRP
GHOD\SHULRGRIDSSUR[LPDWHO\VHFRQGV
WRPLQXWHXQWLORQO\ŠLVLQWKHGLVSOD\
7RXFKDQGKROGERWKWKH%$.(DQG%52,/
+,/2SDGVDWWKHVDPHWLPHXQWLOWKH
GLVSOD\VKRZV6)
7DSWKH&/2&.SDGXQWLO21RU2))
DSSHDUVLQWKHGLVSOD\21LQGLFDWHVWKDW
WKHRYHQZLOODXWRPDWLFDOO\WXUQRIIDIWHU
KRXUV2))LQGLFDWHVWKDWWKHRYHQZLOO
QRWDXWRPDWLFDOO\WXUQRII6HHWKH6SHFLDO
)HDWXUHVVHFWLRQIRUDQH[SODQDWLRQRIWKH
+RXU6KXW2IIIHDWXUH
7RXFKWKH67$5721SDG
127(,IDSRZHURXWDJHRFFXUUHGZKLOHWKH
RYHQZDVLQ6DEEDWKWKHRYHQZLOODXWRPDWLFDOO\
WXUQRIIDQGVWD\RIIHYHQZKHQWKHSRZHU
UHWXUQV7KHRYHQFRQWUROPXVWEHUHVHW
$GMXVWWKHRYHQWKHUPRVWDW³(DV\WRGR\RXUVHOI
<RXPD\ILQGWKDW\RXUQHZRYHQFRRNVGLIIHUHQWO\WKDQWKHRQHLWUHSODFHG8VH\RXUQHZRYHQIRUDIHZZHHNVWREHFRPH
PRUHIDPLOLDUZLWKLW,I\RXVWLOOWKLQN\RXUQHZRYHQLVWRRKRWRUWRRFROG\RXFDQDGMXVWWKHWKHUPRVWDW\RXUVHOI
'RQRWXVHWKHUPRPHWHUVVXFKDVWKRVHIRXQGLQJURFHU\VWRUHVWRFKHFNWKHWHPSHUDWXUHVHWWLQJRI\RXURYHQ
7KHVHWKHUPRPHWHUVPD\YDU\²ƒ)
127(7KLVDGMXVWPHQWZLOOQRWDIIHFWWKHEURLOLQJRUWKHVHOIFOHDQLQJWHPSHUDWXUHVRQVRPHPRGHOV7KHDGMXVWPHQWZLOO
EHUHWDLQHGLQPHPRU\DIWHUDSRZHUIDLOXUH
7R$GMXVWWKH7KHUPRVWDWZLWKWKLV7\SHRI.QRE
)URQWRI29(17(03NQRE
NQREDSSHDUDQFHPD\YDU\
3RLQWHU
3XOOWKH29(17(03NQRERIIWKHUDQJH
DQGORRNDWWKHEDFNVLGH7RPDNHDQ
DGMXVWPHQWORRVHQDSSUR[LPDWHO\RQH
WXUQEXWGRQRWFRPSOHWHO\UHPRYHWKH
WZRVFUHZVRQWKHEDFNRIWKHNQRE
7RLQFUHDVHWKHRYHQWHPSHUDWXUHPRYH
WKHSRLQWHUWRZDUGWKHZRUGV´0$.(
+277(5µ
7RGHFUHDVHWKHRYHQWHPSHUDWXUHWXUQ
WKHSRLQWHUWRZDUGWKHZRUGV´0$.(
&22/(5µ
%DFNRI29(17(03NQRE
NQREDSSHDUDQFHPD\YDU\
OVEN
OFF
0
20
300 3
50
250
AN
CLE
$IWHUWKHDGMXVWPHQWLVPDGHUHWLJKWHQ
VFUHZVVRWKH\DUHVQXJEXWEHFDUHIXOQRW
WRRYHUWLJKWHQ
5HSODFHWKHNQREPDWFKLQJWKHIODWDUHD
RIWKHNQREWRWKHVKDIWDQGFKHFN
SHUIRUPDQFH
7R$GMXVWWKH7KHUPRVWDWZLWKWKLV7\SHRI.QRE
TEMP
40
0
0
45
BROIL
500
)URQWRI29(17(03NQRE
NQREDSSHDUDQFHPD\YDU\
LOOSE
NS
C
TO
WS
RE
ROTATE
COMA
O
KE ER
L
KE ER
T
(DFKFOLFNZLOOFKDQJHWKHRYHQ
WHPSHUDWXUHDSSUR[LPDWHO\ƒ)5DQJHLV
SOXVRUPLQXVƒ)IURPWKHDUURZ:H
VXJJHVWWKDW\RXPDNHWKHDGMXVWPHQWRQH
FOLFNIURPWKHRULJLQDOVHWWLQJDQGFKHFN
RYHQSHUIRUPDQFHEHIRUHPDNLQJDQ\
DGGLWLRQDODGMXVWPHQWV
HOMA
T
%DFNRI29(17(03NQRE
NQREDSSHDUDQFHPD\YDU\
3XOOWKH29(17(03NQRERIIWKHUDQJH
DQGORRNDWWKHEDFNVLGH7RPDNHDQ
DGMXVWPHQWORRVHQDSSUR[LPDWHO\RQH
WXUQEXWGRQRWFRPSOHWHO\UHPRYHWKH
WZRVFUHZVRQWKHEDFNRIWKHNQRE
:LWKWKHEDFNRIWKHNQREIDFLQJ\RXKROG
WKHRXWHUHGJHRIWKHNQREZLWKRQHKDQG
DQGWXUQWKHIURQWRIWKHNQREZLWKWKH
RWKHUKDQG
7RLQFUHDVHWKHRYHQWHPSHUDWXUHPRYH
WKHWRSVFUHZWRZDUGWKHULJKW<RX·OOKHDU
DFOLFNIRUHDFKQRWFK\RXPRYHWKHNQRE
7RGHFUHDVHWKHRYHQWHPSHUDWXUHPRYH
WKHWRSVFUHZWRZDUGWKHOHIW
(DFKFOLFNZLOOFKDQJHWKHRYHQ
WHPSHUDWXUHDSSUR[LPDWHO\ƒ)5DQJH
LVSOXVRUPLQXVƒ)IURPWKHDUURZ:H
VXJJHVWWKDW\RXPDNHWKHDGMXVWPHQW
RQHFOLFNIURPWKHRULJLQDOVHWWLQJDQG
FKHFNRYHQSHUIRUPDQFHEHIRUHPDNLQJ
DQ\DGGLWLRQDODGMXVWPHQWV
$IWHUWKHDGMXVWPHQWLVPDGHUHWLJKWHQ
VFUHZVVRWKH\DUHVQXJEXWEHFDUHIXO
QRWWRRYHUWLJKWHQ
5HSODFHWKHNQREPDWFKLQJWKHIODWDUHD
RIWKHNQREWRWKHVKDIWDQGFKHFN
SHUIRUPDQFH
7R$GMXVWWKH7KHUPRVWDWRQ2WKHU0RGHOV
7RXFKWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH%$.(SDG$WZRGLJLWQXPEHU
VKRZVLQWKHGLVSOD\
7KHRYHQWHPSHUDWXUHFDQEHDGMXVWHGXS
WRƒ)KRWWHURU²ƒ)FRROHU7RXFK
WKHSDGWRLQFUHDVHWKHWHPSHUDWXUHLQ
GHJUHHLQFUHPHQWV
7RXFKWKH²SDGWRGHFUHDVHWKH
WHPSHUDWXUHLQGHJUHHLQFUHPHQWV
:KHQ\RXKDYHPDGHWKHDGMXVWPHQW
WRXFKWKH67$5721SDGWRJREDFNWR
WKHWLPHRIGD\GLVSOD\8VH\RXURYHQDV
\RXZRXOGQRUPDOO\
127(7KLVDGMXVWPHQWZLOOQRWDIIHFWWKHEURLOLQJ
RUVHOIFOHDQLQJWHPSHUDWXUHV,WZLOOEHUHWDLQHG
LQPHPRU\DIWHUDSRZHUIDLOXUH
8VLQJWKHZDUPLQJGUDZHURQVRPHPRGHOV
Warming Drawer
LO
&RQWURO.QRERQPRGHOVHTXLSSHGZLWKDNQRE
3XVKDQGWXUQWKHFRQWURONQREWRDQ\GHVLUHG
VHWWLQJ
OFF
HI
MED
*($SSOLDQFHVFRP
127(7KHZDUPLQJGUDZHUVKRXOGQRWEHXVHG
GXULQJDVHOIFOHDQF\FOH
/2 3LHV
0(' &DVVHUROHV
+, 0HDWV
216LJQDO/LJKW
7KH21VLJQDOOLJKWLVORFDWHGDERYHWKHFRQWURO
NQREDQGJORZVZKHQWKHNQRELVLQWKHRQ
SRVLWLRQ,WVWD\VRQXQWLOWKHNQRELVPRYHGWR
WKH2))SRVLWLRQ
$SSHDUDQFHPD\YDU\
:KHQ8VLQJWKH:DUPLQJ'UDZHU
7KHZDUPLQJGUDZHUZLOONHHSKRWFRRNHG
IRRGVDWVHUYLQJWHPSHUDWXUH$OZD\VVWDUW
ZLWKKRWIRRG'RQRWXVHWRKHDWFROGIRRG
RWKHUWKDQFULVSLQJFUDFNHUVFKLSVRUGU\
FHUHDO
'RQRWOLQHWKHZDUPLQJGUDZHURUSDQZLWK
DOXPLQXPIRLO)RLOLVDQH[FHOOHQWKHDWLQVXODWRU
DQGZLOOWUDSKHDWEHQHDWKLW7KLVZLOOXSVHWWKH
SHUIRUPDQFHRIWKHGUDZHUDQGFRXOGGDPDJH
WKHLQWHULRUILQLVK
„3UHKHDWSULRUWRXVHDFFRUGLQJWRWKHVH
UHFRPPHQGHGWLPHV
6HWWLQJ/2 PLQXWHV
6HWWLQJ0(' PLQXWHV
6HWWLQJ+, PLQXWHV
„'RQRWSXWOLTXLGRUZDWHULQWKHZDUPLQJ
GUDZHU
„)RUPRLVWIRRGVFRYHUWKHPZLWKDOLGRU
DOXPLQXPIRLO
„)RUFULVSIRRGVOHDYHWKHPXQFRYHUHG
„)RRGVKRXOGEHNHSWKRWLQLWVFRRNLQJ
FRQWDLQHURUWUDQVIHUUHGWRDKHDWVDIH
VHUYLQJGLVK
&$87,21
3ODVWLFFRQWDLQHUVRU
SODVWLFZUDSZLOOPHOWLILQGLUHFWFRQWDFWZLWKWKH
GUDZHUSDQRUDKRWXWHQVLO0HOWHGSODVWLFPD\
QRWEHUHPRYDEOHDQGLVQRWFRYHUHGXQGHU
\RXUZDUUDQW\
„5HPRYHVHUYLQJVSRRQVHWFEHIRUHSODFLQJ
FRQWDLQHUVLQZDUPLQJGUDZHU
5DFNRQVRPHPRGHOV
„)RUXVHLQWKHZDUPLQJGUDZHURQO\'RQRW
XVHLQWKHRYHQ
„3UHKHDWZLWKWKHUDFNLQSODFH
„8VLQJWKHUDFNDOORZVIRUGRXEOHVWDFNLQJRI
LWHPV
8VLQJWKHZDUPLQJGUDZHURQVRPHPRGHOV
7HPSHUDWXUH6HOHFWLRQ&KDUW
7RNHHSVHYHUDOGLIIHUHQWIRRGVKRWVHWWKHFRQWUROWRWKHIRRGQHHGLQJWKHKLJKHVWVHWWLQJ3ODFH
WKHLWHPVQHHGLQJWKHKLJKHVWVHWWLQJRQWKHERWWRPRIWKHGUDZHUDQGLWHPVQHHGLQJOHVVKHDWRQ
WKHUDFN
„7KHWHPSHUDWXUHW\SHDQGDPRXQWRIIRRG
)RRG7\SH
&RQWURO6HWWLQJ
DQGWKHWLPHKHOGZLOODIIHFWWKHTXDOLW\RIWKH %DFRQ
+,
IRRG
„)RRGLQKHDWVDIHJODVVDQGJODVVFHUDPLF
XWHQVLOVPD\QHHGDKLJKHUFRQWUROVHWWLQJDV
FRPSDUHGWRIRRGLQPHWDOXWHQVLOV
„5HSHDWHGRSHQLQJRIWKHGUDZHUDOORZVKRW
DLUWRHVFDSHDQGIRRGWRFRRO
„$OORZH[WUDWLPHIRUWKHWHPSHUDWXUHLQVLGH
WKHGUDZHUWRVWDELOL]HDIWHUDGGLQJLWHPV
„:LWKODUJHORDGVLWPD\EHQHFHVVDU\WRXVHD
KLJKHUWKHUPRVWDWVHWWLQJDQG
FRYHUVRPHRIWKHFRRNHGIRRGLWHPV
„'RQRWXVHSODVWLFFRQWDLQHUVRU
SODVWLFZUDS
%UHDGV
&DVVHUROH
&KLFNHQIULHG
(JJVVFUDPEOHG
)LVK
*UDY\VDXFHV
+DP
0XIILQV
2QLRQULQJV
3LHV
3L]]D
3RWDWRHVEDNHG
3RWDWRHVPDVKHG
7RUWLOOD&KLSV
0('
0('
+,
0('
+,
+,
+,
0('
+,
/2
+,
+,
/2
/2
&$87,21
'RQRWNHHSIRRGLQWKH
ZDUPLQJGUDZHUIRUPRUHWKDQWZRKRXUV
7R&ULVS6WDOH,WHPV
„3ODFHIRRGLQORZVLGHGGLVKHVRUSDQV
„3UHKHDWRQ/2VHWWLQJ
„&KHFNFULVSQHVVDIWHUPLQXWHV$GGWLPH
DVQHHGHG
7R:DUP6HUYLQJ%RZOVDQG3ODWHV
7RZDUPVHUYLQJERZOVDQGSODWHVVHWWKH
FRQWURORQ/2
„<RXPD\ZDUPHPSW\VHUYLQJGLVKHVZKLOH
SUHKHDWLQJWKHGUDZHU
„8VHRQO\KHDWVDIHGLVKHV
„:KHQKROGLQJKRWFRRNHGIRRGVDQG
ZDUPLQJHPSW\VHUYLQJGLVKHVDWWKHVDPH
WLPHSODFHWKHVHUYLQJGLVKHVRQWKHUDFN
DQGWKHIRRGRQWKHERWWRPRIWKHGUDZHU
„3ODFHHPSW\GLVKHVRQWKHUDFNWRUDLVHWKHP
RIIWKHERWWRPRIWKHGUDZHU3ODFLQJGLVKHV
RQWKHZDUPLQJGUDZHUERWWRPPD\FDXVH
WKHPWREHFRPHH[WUHPHO\
KRWDQGFRXOGGDPDJHWKHP
„,I\RXZDQWWRKHDWILQHFKLQDSOHDVHFKHFN
ZLWKWKHPDQXIDFWXUHURIWKHGLVKHVIRUWKHLU
PD[LPXPKHDWWROHUDQFH
&$87,21
'LVKHVZLOOEHKRW8VH
SRWKROGHUVRUPLWWVZKHQUHPRYLQJKRWGLVKHV
8VLQJWKHVHOIFOHDQLQJRYHQRQVRPHPRGHOV
*($SSOLDQFHVFRP
1HYHUIRUFHWKHODWFKKDQGOH)RUFLQJWKHKDQGOHZLOOGDPDJHWKHGRRUORFNPHFKDQLVP
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
&$87,21
1HYHUSODFHFRRNLQJXWHQVLOVEDNLQJVWRQHVIRLORUDQ\RWKHULWHPVRQWKH
RYHQIORRU(YHQLWHPVUDWHGIRUKLJKWHPSHUDWXUHPD\SHUPDQHQWO\DGKHUHWRWKHRYHQERWWRPRU
FDXVHKHDWGDPDJHWRWKHRYHQIORRULQJRULWHPVLQVWRUDJHGUDZHUV
%HIRUHD&OHDQ&\FOH
:LSHXSKHDY\VRLORQWKHRYHQ
ERWWRP
OVEN
OFF
DEUDVLRQ,WLVHVVHQWLDOIRUWKHJDVNHWWRUHPDLQ
LQWDFW,I\RXQRWLFHLWEHFRPLQJZRUQRUIUD\HG
UHSODFHLW
:LSHXSDQ\KHDY\VSLOORYHUVRQWKHRYHQERWWRP
0DNHVXUHWKHRYHQOLJKWEXOEFRYHULVLQSODFH
DQGWKHRYHQOLJKWLVRII
&$87,21
7KHJUDWHVDQGGULS
SDQVLIVRHTXLSSHGVKRXOGQHYHUEHFOHDQHG
LQWKHVHOIFOHDQLQJRYHQ
,03257$17 7KHKHDOWKRIVRPHELUGVLV
H[WUHPHO\VHQVLWLYHWRWKHIXPHVJLYHQRII
GXULQJWKHVHOIFOHDQLQJF\FOHRIDQ\UDQJH
0RYHELUGVWRDQRWKHUZHOOYHQWLODWHGURRP
+RZWR6HWWKH2YHQIRU&OHDQLQJRQPRGHOVZLWKNQREV
TEMP
0
20
300 3
50
250
AN
CLE
)RUWKHILUVWVHOIFOHDQF\FOHZHUHFRPPHQG
YHQWLQJ\RXUNLWFKHQZLWKDQRSHQZLQGRZRU
XVLQJDYHQWLODWLRQIDQRUKRRG
5HPRYHWKHUDFNVDQ\EURLOHUSDQEURLOHUJULGDOO
FRRNZDUHDQGDQ\DOXPLQXPIRLOIURPWKHRYHQ
7KHRYHQUDFNVFDQEHVHOIFOHDQHGEXWWKH\ZLOO
GDUNHQORVHWKHLUOXVWHUDQGEHFRPHKDUGWRVOLGH
'RQRWXVHFRPPHUFLDORYHQFOHDQHUVRURYHQ
SURWHFWRUVLQRUQHDUWKHVHOIFOHDQLQJRYHQ
$FRPELQDWLRQRIDQ\RIWKHVHSURGXFWVSOXVWKH
KLJKFOHDQF\FOHWHPSHUDWXUHVPD\GDPDJH
WKHSRUFHODLQILQLVKRIWKHRYHQ
6RLORQWKHIURQWIUDPHRIWKHUDQJHDQGRXWVLGH
WKHJDVNHWRQWKHGRRUZLOOQHHGWREHFOHDQHGE\
KDQG&OHDQWKHVHDUHDVZLWKKRWZDWHUVRDSILOOHG
VWHHOZRROSDGVRUFOHDQVHUVVXFKDV6RIW6FUXEŠ
5LQVHZHOOZLWKFOHDQZDWHUDQGGU\
'RQRWFOHDQWKHJDVNHW7KHILEHUJODVVPDWHULDO
RIWKHRYHQGRRUJDVNHWFDQQRWZLWKVWDQG
40
0
0
45
BROIL
500
$SSHDUDQFHPD\YDU\
)ROORZWKHGLUHFWLRQVLQWKH%HIRUHD&OHDQ&\FOH
VHFWLRQ
/DWFKWKHGRRU
7XUQWKH29(17(03 NQREWR&/($1
7KH&OHDQ7LPHLVKRXUVDQGPLQXWHV7KH
VHOIFOHDQOLJKWZLOOFRPHRQDQGVWD\RQXQWLO
WKHVHOIFOHDQF\FOHLVFRPSOHWH
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWH
$IWHUDFOHDQF\FOHWXUQWKH29(17(03
NQREWR2))DQGVOLGHWKHODWFKKDQGOHWR
WKHOHIWDVIDUDVLWZLOOJR
7RFDQFHOVHOIFOHDQF\FOHWXUQ
29(17(03NQREWRRIIDQGVOLGHODWFKWROHIWDV
IDUDVLWZLOOJR:DLWXQWLOVHOIFOHDQOLJKWVWRSV
EOLQNLQJ8VHRYHQDVGHVLUHG
127(1HYHUIRUFHWKHODWFK,IWKHRYHQLV
WRRKRW\RXZLOOQRWEHDEOHWRVOLGHWKHODWFK
$OORZWKHRYHQWRFRRO
+RZWR6HWWKH2YHQIRU&OHDQLQJRQVRPHPRGHOVZLWKSUHVVSDGV
)ROORZWKHGLUHFWLRQVLQWKH%HIRUHD&OHDQ&\FOH
VHFWLRQ
/DWFKWKHGRRU
7RXFKWKH6(/)&/($1 SDG
7RXFKWKHRU²SDGVXQWLOWKHGHVLUHG
&OHDQ7LPHLVGLVSOD\HG
7KH&OHDQ7LPHLVQRUPDOO\KRXUVDQG
PLQXWHV<RXFDQFKDQJHWKH&OHDQ7LPHWRDQ\
WLPHEHWZHHQDQGKRXUVGHSHQGLQJRQWKH
DPRXQWRIVRLOLQ\RXURYHQ
7RXFKWKH67$5721 SDG
7KHVHOIFOHDQF\FOHZLOODXWRPDWLFDOO\EHJLQ
DIWHU&/($1 LVGLVSOD\HGDQGWKHWLPH
FRXQWGRZQDSSHDUVLQWKHGLVSOD\
:KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQWRXFKWKH
&/2&.SDGWRGLVSOD\WKHWLPHRIGD\7RUHWXUQWR
WKHFOHDQFRXQWGRZQWRXFKWKH6(/)&/($1SDG
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWHDQGZLOOIODVKLQ
WKHGLVSOD\
6OLGHWKHODWFKKDQGOHWRWKHOHIWDVIDUDVLW
ZLOOJRDQGRSHQWKHGRRU
127(1HYHUIRUFHWKHODWFK,IWKHRYHQLVWRR
KRW\RXZLOOQRWEHDEOHWRVOLGHWKHODWFK$OORZ
WKHRYHQWRFRRO
8VLQJWKHVHOIFOHDQLQJRYHQRQVRPHPRGHOV
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
+RZWR'HOD\WKH6WDUWRI&OHDQLQJ
<RXFDQVHWWKHRYHQFRQWUROWRGHOD\VWDUWWKH
RYHQFOHDQIRUDVSHFLILFOHQJWKRIWLPHDQGWKHQ
WXUQRIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPH
RIGD\
)ROORZWKHGLUHFWLRQVLQWKH%HIRUHD&OHDQ&\FOH
VHFWLRQ
/DWFKWKHGRRU
127(1HYHUIRUFHWKHODWFK,IWKHRYHQLVWRR
KRW\RXZLOOQRWEHDEOHWRVOLGHWKHODWFK$OORZ
WKHRYHQWRFRRO
7RXFKWKH6(/)&/($1SDG
7RXFKWKH RU² SDGVWRVHWWKH&OHDQ
7LPH
7KH&OHDQ7LPHLVSUHVHWIRUKRXUVDQG
PLQXWHV<RXFDQFKDQJHWKH&OHDQ7LPHWRDQ\
WLPHEHWZHHQDQGKRXUVGHSHQGLQJRQWKH
DPRXQWRIVRLOLQ\RXURYHQ,IDGLIIHUHQW&OHDQ
7LPHLVGHVLUHGWRXFKWKHRU²SDGVXQWLOWKH
GHVLUHG&OHDQ7LPHLVGLVSOD\HG
&KDQJHWKH6WDUW7LPHE\WRXFKLQJWKHRU²
SDGV7KHVWDUWWLPHZLOODSSHDULQWKHGLVSOD\
7RXFKWKH67$5721 SDG
7KHVHOIFOHDQF\FOHZLOODXWRPDWLFDOO\EHJLQDW
WKHWLPHVHW
:KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQWRXFK
WKH&/2&.SDGWRGLVSOD\WKHWLPHRIGD\7R
UHWXUQWRWKHFOHDQFRXQWGRZQWRXFKWKH6(/)
&/($1SDG
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWHDQGZLOOIODVKLQ
WKHGLVSOD\
6OLGHWKHODWFKKDQGOHWRWKHOHIWDVIDUDVLW
ZLOOJRDQGRSHQWKHGRRU
7RXFKWKH67$577,0(SDG
7R6WRSD&OHDQ&\FOH
7RXFKWKH&/($52))SDG
:DLWXQWLOWKHRYHQKDVFRROHGEHORZWKH
ORFNLQJWHPSHUDWXUHWRXQODWFKWKHGRRU<RX
ZLOOQRWEHDEOHWRRSHQWKHGRRUULJKWDZD\
XQOHVVWKHRYHQKDVFRROHGEHORZWKHORFNLQJ
WHPSHUDWXUH
$IWHUD&OHDQ&\FOH
<RXFDQQRWVHWWKHRYHQIRUFRRNLQJXQWLO
WKHRYHQLVFRROHQRXJKIRUWKHGRRUWREH
XQODWFKHG
<RXPD\QRWLFHVRPHZKLWHDVKLQWKHRYHQ
:LSHLWXSZLWKDGDPSFORWKDIWHUWKHRYHQ
FRROV
,IZKLWHVSRWVUHPDLQUHPRYHWKHPZLWKD
VRDSILOOHGVWHHOZRROSDGDQGULQVHWKRURXJKO\
ZLWKDYLQHJDUDQGZDWHUPL[WXUH
7KHVHGHSRVLWVDUHXVXDOO\DVDOWUHVLGXHWKDW
FDQQRWEHUHPRYHGE\WKHFOHDQF\FOH
,IWKHRYHQLVQRWFOHDQDIWHURQHFOHDQF\FOH
UHSHDWWKHF\FOH
„<RXFDQQRWVHWWKHRYHQIRUFRRNLQJXQWLOWKH
RYHQLVFRROHQRXJKIRUWKHGRRUWRXQORFN
„
:KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQWRXFK
WKH&/2&.SDGWRGLVSOD\WKHWLPHRIGD\7R
UHWXUQWRWKHFOHDQFRXQWGRZQWRXFKWKH6(/)
&/($1SDG
„,IWKHUDFNVEHFRPHKDUGWRVOLGHDSSO\D
VPDOODPRXQWRIYHJHWDEOHRLORUFRRNLQJRLO
WRDSDSHUWRZHODQGZLSHWKHHGJHVRIWKH
RYHQUDFNVZLWKWKHSDSHUWRZHO
*($SSOLDQFHVFRP
%HVXUHHOHFWULFDOSRZHULVRIIDQGDOOVXUIDFHVDUHFRROEHIRUHFOHDQLQJDQ\SDUWRIWKHUDQJH
WARNING
Tip-Over Hazard
A child or adult can tip the range and be killed.
Verify the anti-tip bracket has been properly installed
so the foot is secure in the anti-tip bracket.
Ensure the anti-tip bracket is re-engaged when the range
is moved so the foot is secure into the bracket.
Do not operate the range without the anti-tip bracket in
place and engaged.
Failure to follow these instructions can result in death or
serious burns to children or adults.
2YHQ,QWHULRUQRQVHOIFOHDQPRGHOV
:LWKSURSHUFDUHWKHSRUFHODLQHQDPHOILQLVKRQWKHLQVLGHRI
WKHRYHQ³WRSERWWRPVLGHVEDFNDQGLQVLGHRIWKHGRRU³ZLOO
VWD\QHZORRNLQJIRU\HDUV
/HWWKHUDQJHFRROEHIRUHFOHDQLQJ:HUHFRPPHQGWKDW\RX
ZHDUUXEEHUJORYHVZKHQFOHDQLQJWKHUDQJH
6RDSDQGZDWHUZLOOQRUPDOO\GRWKHMRE+HDY\VSDWWHULQJRU
VSLOORYHUVPD\UHTXLUHFOHDQLQJZLWKDPLOGDEUDVLYHFOHDQHU
6RDSILOOHGVFRXULQJSDGVPD\DOVREHXVHG
'RQRWDOORZIRRGVSLOOVZLWKDKLJKVXJDURUDFLG
FRQWHQWVXFKDVPLONWRPDWRHVVDXHUNUDXWIUXLWMXLFHV
RUSLHILOOLQJWRUHPDLQRQWKHVXUIDFH7KH\PD\FDXVH
DGXOOVSRWHYHQDIWHUFOHDQLQJ
+RXVHKROGDPPRQLDPD\PDNHWKHFOHDQLQJMREHDVLHU3ODFH
FXSLQDVKDOORZJODVVRUSRWWHU\FRQWDLQHULQDFROGRYHQ
RYHUQLJKW7KHDPPRQLDIXPHVZLOOKHOSORRVHQWKHEXUQHGRQ
JUHDVHDQGIRRG
,IQHFHVVDU\\RXPD\XVHDQRYHQFOHDQHU)ROORZWKHSDFNDJH
GLUHFWLRQV
'RQRWVSUD\RYHQFOHDQHURQWKHHOHFWULFDOFRQWUROVDQGVZLWFKHV
EHFDXVHLWFRXOGFDXVHDVKRUWFLUFXLWDQGUHVXOWLQVSDUNLQJRUILUH
'RQRWDOORZDILOPIURPWKHFOHDQHUWREXLOGXSRQWKHWHPSHUDWXUH
VHQVRU²LWFRXOGFDXVHWKHRYHQWRKHDWLPSURSHUO\7KHVHQVRU
LVORFDWHGDWWKHWRSRIWKHRYHQ&DUHIXOO\ZLSHWKHVHQVRUFOHDQ
DIWHUHDFKRYHQFOHDQLQJEHLQJFDUHIXOQRWWRPRYHWKHVHQVRUDVD
FKDQJHLQLWVSRVLWLRQFRXOGDIIHFWKRZWKHRYHQEDNHV
'RQRWVSUD\DQ\RYHQFOHDQHURQWKHRYHQGRRUKDQGOHVRUDQ\
H[WHULRUVXUIDFHRIWKHRYHQFDELQHWVRUSDLQWHGVXUIDFHV7KH
FOHDQHUFDQGDPDJHWKHVHVXUIDFHV
/LIW2II2YHQ'RRU
/LIWWKHGRRUVWUDLJKWXSDQGRIIWKH
KLQJHV
7KHJDVNHWLVGHVLJQHGZLWKDJDS
DWWKHERWWRPWRDOORZIRUSURSHU
DLUFLUFXODWLRQ
%HFDXVHWKHDUHDLQVLGHWKHJDVNHW
LVFOHDQHGGXULQJWKHVHOIFOHDQF\FOH
\RXGRQRWQHHGWRFOHDQWKLVE\KDQG
RQVHOIFOHDQPRGHOV
7KHDUHDRXWVLGHWKHJDVNHWDQGWKH
IURQWIUDPHFDQEHFOHDQHGZLWKD
VRDSILOOHGVWHHOZRROSDGKRWZDWHU
DQGGHWHUJHQW5LQVHZHOOZLWKD
YLQHJDUDQGZDWHUVROXWLRQ
'RQRWUXERUFOHDQWKHGRRUJDVNHW³
LWKDVDQH[WUHPHO\ORZUHVLVWDQFHWR
DEUDVLRQ
,I\RXQRWLFHWKHJDVNHWEHFRPLQJ
ZRUQIUD\HGRUGDPDJHGLQDQ\ZD\
RULILWKDVEHFRPHGLVSODFHGRQWKH
GRRU\RXVKRXOGKDYHLWUHSODFHG
7KHRYHQGRRULVUHPRYDEOHIRUFOHDQLQJ
'RQRWOLIWWKHGRRUE\WKHKDQGOH0DNHVXUHWKH
RYHQLVFRPSOHWHO\FRRO
7RUHPRYHWKHGRRURSHQLWWRWKHVSHFLDOVWRS
SRVLWLRQ*UDVSILUPO\RQHDFKVLGHDQGOLIWWKH
GRRUVWUDLJKWXSDQGRIIWKHKLQJHV
'RQRWSODFHKDQGVEHWZHHQWKHKLQJHDQGWKH
RYHQGRRUIUDPH
7RUHSODFHWKHGRRUPDNHVXUHWKHKLQJHVDUH
LQWKHVSHFLDOVWRSSRVLWLRQ3RVLWLRQWKHVORWVLQ
WKHERWWRPRIWKHGRRUVTXDUHO\RYHUWKHKLQJHV
DQGVORZO\ORZHULWRYHUERWKKLQJHV
7RFOHDQWKHLQVLGHRIWKHGRRU
„'RQRWDOORZH[FHVVZDWHUWRUXQLQWRDQ\
KROHVRUVORWVLQWKHGRRU
„6RDSDQGZDWHUZLOOQRUPDOO\GRWKHMRE
+HDY\VSDWWHULQJRUVSLOORYHUVPD\UHTXLUH
FOHDQLQJZLWKDPLOGDEUDVLYHFOHDQHU6RDS
ILOOHGVWHHOZRROSDGVPD\DOVREHXVHG
'RQRWDOORZIRRGVSLOOVZLWKDKLJKVXJDURU
DFLGFRQWHQWVXFKDVPLONWRPDWRHVVDXHUNUDXW
IUXLWMXLFHVRUSLHILOOLQJWRUHPDLQRQWKHVXUIDFH
7KH\PD\FDXVHDGXOOVSRWHYHQDIWHUFOHDQLQJ
7RFOHDQWKHRXWVLGHRIWKHGRRU
„8VHVRDSDQGZDWHUWRWKRURXJKO\FOHDQWKH
WRSVLGHVDQGIURQWRIWKHRYHQGRRU5LQVH
ZHOO<RXPD\DOVRXVHDJODVVFOHDQHUWR
FOHDQWKHJODVVRQWKHRXWVLGHRIWKHGRRU'R
QRWOHWZDWHUGULSLQWRWKHYHQWRSHQLQJV
„6SLOODJHRIPDULQDGHVIUXLWMXLFHVWRPDWR
VDXFHVDQGEDVWLQJPDWHULDOVFRQWDLQLQJ
DFLGVPD\FDXVHGLVFRORUDWLRQDQGVKRXOGEH
ZLSHGXSLPPHGLDWHO\:KHQVXUIDFHLVFRRO
FOHDQDQGULQVH
„'RQRWXVHRYHQFOHDQHUVFOHDQLQJSRZGHUV
RUKDUVKDEUDVLYHVRQWKHRXWVLGHRIWKHGRRU
&DUHDQGFOHDQLQJRIWKHUDQJH
2YHQ+HDWLQJ(OHPHQWV
'RQRWFOHDQWKHEDNHHOHPHQWRUWKHEURLO
HOHPHQW$Q\VRLOZLOOEXUQRIIZKHQWKH
HOHPHQWVDUHKHDWHG
7RFOHDQWKHRYHQIORRUJHQWO\OLIWWKHEDNH
HOHPHQW&OHDQZLWKZDUPVRDS\ZDWHU
2QVRPHPRGHOVWKHEDNHHOHPHQWLVQRW
H[SRVHGDQGLVXQGHUWKHRYHQIORRU,I
VSLOORYHUVUHVLGXHRUDVKDFFXPXODWHRQWKH
RYHQIORRUZLSHXSEHIRUHVHOIFOHDQLQJ
2YHQ5DFNV
&OHDQWKHRYHQUDFNVZLWKDQDEUDVLYHFOHDQVHU
RUVFRXULQJSDG$IWHUFOHDQLQJULQVHWKHUDFNV
ZLWKFOHDQZDWHUDQGGU\ZLWKDFOHDQFORWK
127(7DNHWKHUDFNVRXWRIWKHRYHQEHIRUH
\RXEHJLQWKHVHOIFOHDQF\FOHRUWKH\PD\
GLVFRORU
7RPDNHWKHUDFNVVOLGHPRUHHDVLO\DSSO\D
VPDOODPRXQWRIYHJHWDEOHRLORUFRRNLQJRLOWR
DSDSHUWRZHODQGZLSHWKHHGJHVRIWKHRYHQ
UDFNVZLWKWKHSDSHUWRZHO
2YHQ/LJKW5HSODFHPHQWRQVRPHPRGHOV
&$87,21%HIRUHUHSODFLQJ\RXU
:LUHFRYHUKROGHU
RYHQOLJKWEXOEWXUQWKHRYHQOLJKWRIIDQG
GLVFRQQHFWWKHHOHFWULFDOSRZHUWRWKHUDQJHDW
WKHPDLQIXVHRUFLUFXLWEUHDNHUSDQHO
%HVXUHWROHWWKHOLJKWFRYHUDQGEXOEFRRO
FRPSOHWHO\
7RUHPRYHWKHFRYHU
+ROGDKDQGXQGHUWKHFRYHUVRLWGRHVQ·W
IDOOZKHQUHOHDVHG:LWKILQJHUVRIWKH
VDPHKDQGILUPO\SXVKEDFNWKHZLUH
FRYHUKROGHU/LIWRIIWKHFRYHU
'RQRWUHPRYHDQ\VFUHZVWRUHPRYHWKH
FRYHU
5HSODFHEXOEZLWKDZDWWKRXVHKROG
DSSOLDQFHEXOE
7RUHSODFHWKHFRYHU
3ODFHLWLQWRJURRYHRIWKHOLJKWUHFHSWDFOH
3XOOZLUHIRUZDUGWRWKHFHQWHURIWKHFRYHU
XQWLOLWVQDSVLQWRSODFH
&RQQHFWHOHFWULFDOSRZHUWRWKHUDQJH
)RUPRGHOV-%6',DQG-%66,5HSODFH
RYHQODPSZLWKYROWVODPSRQO\
6WRUDJH'UDZHU5HPRYDORQVRPHPRGHOV
7RUHPRYHWKHVWRUDJHGUDZHU
3XOOWKHGUDZHURXWDOOWKHZD\
7LOWXSWKHIURQWDQGUHPRYHLW
&OHDQXQGHUWKHUDQJH
7RUHSODFHWKHVWRUDJHGUDZHU
,QVHUWJOLGHVDWWKHEDFNRIWKHGUDZHU
EH\RQGWKHVWRSRQUDQJHJOLGHV
/LIWWKHGUDZHULIQHFHVVDU\WRLQVHUWHDVLO\
/HWWKHIURQWRIWKHGUDZHUGRZQWKHQ
SXVKLQWRFORVH
*($SSOLDQFHVFRP
&RQWURO3DQHODQG.QREV
3XOOWKHNQREVWUDLJKWRIIWKHVWHP
,W·VDJRRGLGHDWRZLSHWKHFRQWUROSDQHODIWHU
HDFKXVHRIWKHRYHQ8VHDGDPSFORWKWR
FOHDQRUULQVH)RUFOHDQLQJXVHPLOGVRDSDQG
ZDWHURUDVROXWLRQRIYLQHJDUDQGZDWHU
)RUULQVLQJXVHFOHDQZDWHU3ROLVKGU\ZLWKD
VRIWFORWK
'RQRWXVHDEUDVLYHFOHDQVHUVVWURQJOLTXLG
FOHDQHUVSODVWLFVFRXULQJSDGVRURYHQFOHDQHUV
RQWKHFRQWUROSDQHO³WKH\ZLOOGDPDJHWKH
ILQLVK
7KHFRQWURONQREVPD\EHUHPRYHGIRUHDVLHU
FOHDQLQJ
0DNHVXUHWKHNQREVDUHLQWKH2))SRVLWLRQV
DQGSXOOWKHPVWUDLJKWRIIWKHVWHPVIRU
FOHDQLQJ
7KHNQREVFDQEHFOHDQHGLQDGLVKZDVKHURU
WKH\PD\DOVREHZDVKHGZLWKVRDSDQGZDWHU
0DNHVXUHWKHLQVLGHVRIWKHNQREVDUHGU\
EHIRUHUHSODFLQJ
5HSODFHWKHNQREVLQWKH2))SRVLWLRQWRHQVXUH
SURSHUSODFHPHQW
:DUPLQJ'UDZHU5DFNRQVRPHPRGHOV
&OHDQWKHUDFNZLWKGHWHUJHQWDQGZDWHU$IWHU
FOHDQLQJULQVHWKHUDFNZLWKFOHDQZDWHUDQG
GU\ZLWKDFOHDQFORWK
5HPRYDEOH:DUPLQJ'UDZHURQVRPHPRGHOV
127()RUPRGHOVZLWKDQHOHFWULF
ZDUPLQJGUDZHUEHIRUHSHUIRUPLQJ
DQ\DGMXVWPHQWVFOHDQLQJRUVHUYLFH
GLVFRQQHFWWKHUDQJHHOHFWULFDOSRZHU
VXSSO\DWWKHKRXVHKROGGLVWULEXWLRQSDQHO
E\UHPRYLQJWKHIXVHRUVZLWFKLQJRIIWKH
FLUFXLWEUHDNHU0DNHVXUHWKHZDUPLQJ
GUDZHUKHDWLQJHOHPHQWLVFRRO
7RUHSODFHWKHZDUPLQJGUDZHU
3ODFHWKHOHIWGUDZHUUDLODURXQGWKHLQQHU
OHIWUDLOJXLGHDQGVOLGHLWLQVOLJKWO\WRKRRNLW
3ODFHWKHULJKWGUDZHUUDLODURXQGWKH
LQQHUULJKWUDLOJXLGHDQGVOLGHLWLQVOLJKWO\
WRKRRNLW
6OLGHWKHGUDZHUDOOWKHZD\LQ
0RVWFOHDQLQJFDQEHGRQHZLWKWKHGUDZHULQ
SODFH+RZHYHUWKHGUDZHUPD\EHUHPRYHGLI
IXUWKHUFOHDQLQJLVQHHGHG8VHVRDSDQGZDUP
ZDWHUWRWKRURXJKO\FOHDQ
7RUHPRYHWKHZDUPLQJGUDZHU
3XOOWKHGUDZHUVWUDLJKWRXWXQWLOLWVWRSV
3UHVVWKHOHIWUDLOUHOHDVHXSDQGSUHVVWKH
ULJKWUDLOUHOHDVHGRZQZKLOHSXOOLQJWKH
GUDZHUIRUZDUGDQGIUHH
2YHQ9HQW
2QJODVVFRRNWRSPRGHOVWKHRYHQLVYHQWHG
WKURXJKDQRSHQLQJDWWKHUHDURIWKHFRRNWRS
1HYHUFRYHUWKHRSHQLQJZLWKDOXPLQXPIRLORU
DQ\RWKHUPDWHULDO
2QFRLOFRRNWRSPRGHOVWKHRYHQLVYHQWHG
WKURXJKDQRSHQLQJXQGHUWKHULJKWUHDU
VXUIDFHXQLW
&DUHDQGFOHDQLQJRIWKHUDQJH
3DLQWHG6XUIDFHVRQVRPHPRGHOV
3DLQWHGVXUIDFHVLQFOXGHWKHVLGHVRIWKHUDQJH
DQGWKHVLGHVRIWKHGRRUWULP
7RFOHDQWKHSDLQWHGVXUIDFHVXVHDKRWGDPS
FORWKZLWKDPLOGGHWHUJHQWVXLWDEOHIRUWKHVH
VXUIDFHV8VHDFOHDQKRWGDPSFORWKWR
UHPRYHVRDS'U\ZLWKDGU\FOHDQFORWK
'RQRWXVHVWHHOZRRGSDGVFRPPHUFLDORYHQ
FOHDQHUVFOHDQLQJSRZGHUVRURWKHUDEUDVLYH
FOHDQHUV7KH\ZLOOGDPDJHWKHVXUIDFH
6WDLQOHVV6WHHO6XUIDFHVRQVRPHPRGHOV
'RQRWXVHDVWHHOZRROSDGLWZLOOVFUDWFK
WKHVXUIDFH
7RFOHDQWKHVWDLQOHVVVWHHOVXUIDFHXVHZDUP
VXGV\ZDWHURUDVWDLQOHVVVWHHOFOHDQHURU
SROLVK$OZD\VZLSHWKHVXUIDFHLQWKHGLUHFWLRQ
RIWKHJUDLQ)ROORZWKHFOHDQHULQVWUXFWLRQVIRU
FOHDQLQJWKHVWDLQOHVVVWHHOVXUIDFH
*ODVV:LQGRZRQVRPHPRGHOV
7RFOHDQWKHRXWVLGHJODVVILQLVKXVHDJODVV
FOHDQHU5LQVHDQGSROLVKZLWKDGU\FORWK
7RLQTXLUHDERXWSXUFKDVLQJVWDLQOHVVVWHHO
DSSOLDQFHFOHDQHURUSROLVKRUWRILQGWKH
ORFDWLRQRIDGHDOHUQHDUHVW\RXSOHDVHFDOORXU
WROOIUHHQXPEHU
1DWLRQDO3DUWV&HQWHU
*($SSOLDQFHVFRP
&OHDQLQJWKHJODVVFRRNWRSRQVRPHPRGHOV
*($SSOLDQFHVFRP
1RUPDO'DLO\8VH&OHDQLQJ
&OHDQ\RXUFRRNWRSDIWHU
HDFKVSLOO8VH&(5$0$
%5<7(Š&HUDPLF&RRNWRS
&OHDQHU
21/<XVH&(5$0$%5<7(Š&HUDPLF&RRNWRS
&OHDQHURQWKHJODVVFRRNWRS2WKHUFUHDPV
PD\QRWEHDVHIIHFWLYH
6KDNHWKHFOHDQLQJFUHDPZHOO$SSO\D
IHZGURSVRI&(5$0$%5<7(Š&HUDPLF
&RRNWRS&OHDQHUGLUHFWO\WRWKHFRRNWRS
7RPDLQWDLQDQGSURWHFWWKHVXUIDFHRI\RXU
JODVVFRRNWRSIROORZWKHVHVWHSV
8VHDSDSHUWRZHORU&(5$0$%5<7(Š
&OHDQLQJ3DGIRU&HUDPLF&RRNWRSVWR
FOHDQWKHHQWLUHFRRNWRSVXUIDFH
%HIRUHXVLQJWKHFRRNWRSIRUWKHILUVWWLPH
FOHDQLWZLWK&(5$0$%5<7(Š&HUDPLF
&RRNWRS&OHDQHU7KLVKHOSVSURWHFWWKH
WRSDQGPDNHVFOHDQXSHDVLHU
'DLO\XVHRI&(5$0$%5<7(Š&HUDPLF
&RRNWRS&OHDQHUZLOOKHOSNHHSWKH
FRRNWRSORRNLQJQHZ
8VHDGU\FORWKRUSDSHUWRZHOWR
UHPRYHDOOFOHDQLQJUHVLGXH1RQHHGWR
ULQVH
127(,WLVYHU\LPSRUWDQWWKDW\RX'2127
KHDWWKHFRRNWRSXQWLOLWKDVEHHQFOHDQHG
WKRURXJKO\
%XUQHG2Q5HVLGXH
:$51,1*'$0$*(WR\RXU
JODVVVXUIDFHPD\RFFXULI\RXXVHVFUXESDGV
RWKHUWKDQWKRVHUHFRPPHQGHG
$OORZWKHFRRNWRSWRFRRO
8VHD&(5$0$%5<7(Š&OHDQLQJ3DG
IRU&HUDPLF&RRNWRSV
6SUHDGDIHZGURSVRI&(5$0$%5<7(Š
&HUDPLF&RRNWRS&OHDQHURQWKHHQWLUH
EXUQHGUHVLGXHDUHD
,IDQ\UHVLGXHUHPDLQVUHSHDW
WKHVWHSVOLVWHGDERYHDVQHHGHG
)RUDGGLWLRQDOSURWHFWLRQDIWHUDOO
UHVLGXHKDVEHHQUHPRYHGSROLVKWKH
HQWLUHVXUIDFHZLWK&(5$0$%5<7(Š
&HUDPLF&RRNWRS&OHDQHUDQGDSDSHU
WRZHO
8VLQJWKHLQFOXGHG&(5$0$%5<7(Š
&OHDQLQJ3DGIRU&HUDPLF&RRNWRSVUXE
WKHUHVLGXHDUHDDSSO\LQJSUHVVXUHDV
QHHGHG
+HDY\%XUQHG2Q5HVLGXH
$OORZWKHFRRNWRSWRFRRO
7KH&(5$0$%5<7(Š&HUDPLF
&RRNWRS6FUDSHUDQGDOO
UHFRPPHQGHGVXSSOLHVDUH
DYDLODEOHWKURXJKRXU3DUWV
&HQWHU6HHLQVWUXFWLRQVXQGHU´7R
2UGHU3DUWVµVHFWLRQRQQH[WSDJH
127('RQRWXVHDGXOORUQLFNHG
EODGH
8VHDVLQJOHHGJHUD]RUEODGHVFUDSHU
DWDSSUR[LPDWHO\DƒDQJOHDJDLQVW
WKHJODVVVXUIDFHDQGVFUDSHWKHVRLO,W
ZLOOEHQHFHVVDU\WRDSSO\SUHVVXUHWR
WKHUD]RUVFUDSHULQRUGHUWRUHPRYHWKH
UHVLGXH
)RUDGGLWLRQDOSURWHFWLRQDIWHUDOO
UHVLGXHKDVEHHQUHPRYHGSROLVKWKH
HQWLUHVXUIDFHZLWK&(5$0$%5<7(Š
&HUDPLF&RRNWRS&OHDQHUDQGDSDSHU
WRZHO
$IWHUVFUDSLQJZLWKWKHUD]RUVFUDSHU
VSUHDGDIHZGURSVRI&(5$0$%5<7(Š
&HUDPLF&RRNWRS&OHDQHURQWKHHQWLUH
EXUQHGUHVLGXHDUHD8VHWKH&(5$0$
%5<7(Š&OHDQLQJ3DGWRUHPRYHDQ\
UHPDLQLQJUHVLGXH
&OHDQLQJWKHJODVVFRRNWRSRQVRPHPRGHOV
0HWDO0DUNVDQG6FUDWFKHV
%HFDUHIXOQRWWRVOLGHSRWVDQGSDQV
DFURVV\RXUFRRNWRS,WZLOOOHDYHPHWDO
PDUNLQJVRQWKHFRRNWRSVXUIDFH
7KHVHPDUNVDUHUHPRYDEOHXVLQJ
WKH&(5$0$%5<7(Š&HUDPLF&RRNWRS
&OHDQHUZLWKWKH&(5$0$%5<7(Š
&OHDQLQJ3DGIRU&HUDPLF&RRNWRSV
,ISRWVZLWKDWKLQRYHUOD\RIDOXPLQXP
RUFRSSHUDUHDOORZHGWRERLOGU\WKH
RYHUOD\PD\OHDYHEODFNGLVFRORUDWLRQ
RQWKHFRRNWRS7KLVVKRXOGEHUHPRYHG
LPPHGLDWHO\EHIRUHKHDWLQJDJDLQRUWKH
GLVFRORUDWLRQPD\EHSHUPDQHQW
:$51,1*
&DUHIXOO\FKHFNWKH
ERWWRPRISDQVIRUURXJKQHVVWKDWZRXOG
VFUDWFKWKHFRRNWRS
&RRNWRS6HDO
7RFOHDQWKHFRRNWRSVHDODURXQGWKHHGJHV
RIWKHJODVVOD\DZHWFORWKRQLW
IRUDIHZPLQXWHVWKHQZLSHFOHDQZLWK
QRQDEUDVLYHFOHDQHUV
*ODVVVXUIDFH³SRWHQWLDOIRUSHUPDQHQWGDPDJH
2XUWHVWLQJVKRZVWKDW
LI\RXDUHFRRNLQJKLJK
VXJDUPL[WXUHVVXFKDV
MHOO\RUIXGJHDQGKDYH
DVSLOORYHULWFDQFDXVH
SHUPDQHQWGDPDJHWRWKH
JODVVVXUIDFHXQOHVVWKH
VSLOORYHULVLPPHGLDWHO\
UHPRYHG
'DPDJHIURP6XJDU\6SLOOVDQG0HOWHG3ODVWLF
7XUQRIIDOOVXUIDFHXQLWV5HPRYHKRW
SDQV
:HDULQJDQRYHQPLWW
D8VHDVLQJOHHGJHUD]RUEODGH
VFUDSHU&(5$0$%5<7(Š&HUDPLF
&RRNWRS6FUDSHUWRPRYHWKHVSLOO
WRDFRRODUHDRQWKHFRRNWRS
E5HPRYHWKHVSLOOZLWKSDSHUWRZHOV
7R2UGHU3DUWV
7RRUGHU&(5$0$%5<7(Š&HUDPLF&RRNWRS
&OHDQHUDQGWKHFRRNWRSVFUDSHUSOHDVH
FDOORXUWROOIUHHQXPEHU
1DWLRQDO3DUWV&HQWHU &(5$0$%5<7(Š&HUDPLF
&RRNWRS&OHDQHU :;;
&(5$0$%5<7(Š&HUDPLF
&RRNWRS6FUDSHU :;;
.LW :%;
.LWLQFOXGHVFUHDPDQGFRRNWRSVFUDSHU
&(5$0$%5<7(Š&OHDQLQJ3DGVIRU
&HUDPLF&RRNWRSV :;;
$Q\UHPDLQLQJVSLOORYHUVKRXOGEHOHIW
XQWLOWKHVXUIDFHRIWKHFRRNWRSKDV
FRROHG
'RQ·WXVHWKHVXUIDFHXQLWVDJDLQXQWLO
DOORIWKHUHVLGXHKDVEHHQFRPSOHWHO\
UHPRYHG
127(,ISLWWLQJRULQGHQWDWLRQLQWKHJODVV
VXUIDFHKDVDOUHDG\RFFXUUHGWKHFRRNWRS
JODVVZLOOKDYHWREHUHSODFHG,QWKLVFDVH
VHUYLFHZLOOEHQHFHVVDU\
%HIRUH\RXFDOOIRUVHUYLFH«
*($SSOLDQFHVFRP
7URXEOHVKRRWLQJ7LSV
6DYHWLPHDQGPRQH\5HYLHZWKHFKDUWVRQWKHIROORZLQJ
SDJHVILUVWDQG\RXPD\QRWQHHGWRFDOOIRUVHUYLFH
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
6XUIDFHXQLWVZLOOQRW
PDLQWDLQDUROOLQJERLO
RUFRRNLQJLVQRW
IDVWHQRXJK
,PSURSHUFRRNZDUH
EHLQJXVHG
‡8VHSDQVZKLFKDUHIODWDQGPDWFKWKHGLDPHWHU
RIWKHVXUIDFHXQLWVHOHFWHG
6XUIDFHXQLWVGR
QRWZRUNSURSHUO\
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
‡ 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
&RRNWRSFRQWUROV
LPSURSHUO\VHW
‡ &KHFNWRVHHWKHFRUUHFWFRQWUROLVVHWIRUWKHVXUIDFH
XQLW\RXDUHXVLQJ
6FUDWFKHVPD\DSSHDU
DVFUDFNVRQFRRNWRS
JODVVVXUIDFH
,QFRUUHFWFOHDQLQJPHWKRGV
EHLQJXVHG
&RRNZDUHZLWKURXJKERWWRPV
EHLQJXVHGRUFRDUVHSDUWLFOHV
VDOWRUVDQGZHUHEHWZHHQ
WKHFRRNZDUHDQGWKHVXUIDFH
RIWKHFRRNWRS
&RRNZDUHKDVEHHQVOLG
DFURVVWKHFRRNWRSVXUIDFH
‡ 6FUDWFKHVDUHQRWUHPRYDEOH7LQ\VFUDWFKHVZLOOEHFRPH
OHVVYLVLEOHLQWLPHDVDUHVXOWRIFOHDQLQJ
‡ 7RDYRLGVFUDWFKHVXVHWKHUHFRPPHQGHGFOHDQLQJ
SURFHGXUHV0DNHVXUHERWWRPVRIFRRNZDUHDUHFOHDQ
EHIRUHXVHDQGXVHFRRNZDUHZLWKVPRRWKERWWRPV
$UHDVRIGLVFRORUDWLRQ
RQWKHFRRNWRS
)RRGVSLOORYHUVQRWFOHDQHG
EHIRUHQH[WXVH
‡ 6HHWKH&OHDQLQJWKHJODVVFRRNWRSVHFWLRQ
+RWVXUIDFHRQDPRGHO
ZLWKDOLJKWFRORUHGJODVV
FRRNWRS
‡ 7KLVLVQRUPDO7KHVXUIDFHPD\DSSHDUGLVFRORUHG
ZKHQLWLVKRW7KLVLVWHPSRUDU\DQGZLOOGLVDSSHDU
DVWKHJODVVFRROV
3ODVWLFPHOWHGWR
WKHVXUIDFH
+RWFRRNWRSFDPHLQWR
FRQWDFWZLWKSODVWLFSODFHG
RQWKHKRWFRRNWRS
‡ 6HHWKH*ODVVVXUIDFH³SRWHQWLDOIRUSHUPDQHQWGDPDJH
VHFWLRQLQWKH&OHDQLQJWKHJODVVFRRNWRSVHFWLRQ
3LWWLQJRULQGHQWDWLRQ
RIWKHFRRNWRS
+RWVXJDUPL[WXUHVSLOOHG
RQWKHFRRNWRS
‡ &DOODTXDOLILHGWHFKQLFLDQIRUUHSODFHPHQW
)UHTXHQWF\FOLQJ
RIIDQGRQRI
VXUIDFHXQLWV
,PSURSHUFRRNZDUH ‡
EHLQJXVHG
8VHRQO\IODWFRRNZDUHWRPLQLPL]HF\FOLQJ
&RLO&RRNWRSV
6XUIDFHXQLWV
QRWIXQFWLRQLQJ
SURSHUO\
7KHVXUIDFHXQLWVDUHQRW
SOXJJHGLQVROLGO\ ‡:LWKWKHFRQWUROVRIIFKHFNWRPDNHVXUHWKHVXUIDFH
XQLWLVSOXJJHGFRPSOHWHO\LQWRWKHUHFHSWDFOH
7KHVXUIDFHXQLWFRQWUROV
LPSURSHUO\VHW
‡&KHFNWRVHHWKHFRUUHFWFRQWUROLVVHWIRUWKHVXUIDFH
XQLW\RXDUHXVLQJ
7KHGULSSDQVDUHQRWVHWVHFXUHO\‡:LWKWKHFRQWUROVRIIFKHFNWRPDNHVXUHWKHGULSSDQLV
LQWKHFRRNWRS
LQWKHUHFHVVLQWKHFRRNWRSDQGWKDWWKHRSHQLQJLQWKH
SDQOLQHVXSZLWKWKHUHFHSWDFOH
5DGLDQW&RRNWRSV
%HIRUH\RXFDOOIRUVHUYLFH«
7URXEOHVKRRWLQJ7LSV
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
2YHQOLJKWGRHVQRWZRUN
/LJKWEXOELVORRVHRUGHIHFWLYH
‡7LJKWHQRUUHSODFHWKHEXOE
6ZLWFKRSHUDWLQJOLJKWLVEURNHQ ‡&DOOIRUVHUYLFH
2YHQZLOOQRWZRUN
3OXJRQUDQJHLVQRWFRPSOHWHO\
LQVHUWHGLQWKHHOHFWULFDORXWOHW
‡0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
JURXQGHGRXWOHW
$IXVHLQ\RXUKRPHPD\
EHEORZQRUWKHFLUFXLW
EUHDNHUWULSSHG
‡5HSODFHIXVHRUUHVHWFLUFXLWEUHDNHU
2YHQFRQWUROVLPSURSHUO\VHW
‡6HHWKH8VLQJWKHRYHQVHFWLRQ
2QVHOIFOHDQLQJPRGHOVGRRU
OHIWLQWKHORFNHGSRVLWLRQ
‡,IQHFHVVDU\DOORZWKHRYHQWRFRROWKHQXQORFNWKHGRRU
)RRGGRHVQRWEDNH
RUURDVWSURSHUO\
2YHQFRQWUROVLPSURSHUO\VHW
‡6HHWKH8VLQJWKHRYHQVHFWLRQ
5DFNSRVLWLRQLVLQFRUUHFWRUWKH ‡6HHWKH8VLQJWKHRYHQVHFWLRQ
UDFNLVQRWOHYHO
,QFRUUHFWFRRNZDUHRUFRRNZDUH ‡6HHWKH8VLQJWKHRYHQVHFWLRQ
RILPSURSHUVL]HEHLQJXVHG
2YHQWKHUPRVWDWQHHGV
DGMXVWPHQW
‡6HHWKH$GMXVWWKHRYHQWKHUPRVWDW²(DV\WRGR\RXUVHOI
VHFWLRQ
)RRGGRHVQRW
EURLOSURSHUO\
2YHQLVQRWVHWWR%52,/
‡2QPRGHOVZLWKDWHPSHUDWXUHNQREPDNHVXUH\RXWXUQ
LWDOOWKHZD\WRWKH%52,/SRVLWLRQ2QPRGHOVZLWKD
%52,/+,/2SDGPDNHVXUHLWLVWXUQHGRQ
,PSURSHUUDFNSRVLWLRQEHLQJXVHG‡6HHWKH%URLOLQJJXLGH
)RRGEHLQJFRRNHGLQDKRWSDQ
&RRNZDUHQRWVXLWHGIRUEURLOLQJ ‡)RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
,QVRPHDUHDVWKHSRZHU
YROWDJHPD\EHORZ
‡3UHKHDWWKHEURLOHOHPHQWIRUPLQXWHV
‡%URLOIRUWKHORQJHVWSHULRGRIWLPHUHFRPPHQGHGLQ
WKH%URLOLQJJXLGH
&RQWUROVLJQDOVDIWHU
HQWHULQJFRRNLQJWLPH
RUGHOD\VWDUW
<RXIRUJRWWRHQWHUDEDNH
WHPSHUDWXUHRUFOHDQLQJWLPH
‡3UHVVWKH%$.(SDGDQGGHVLUHGWHPSHUDWXUHRUWKH
6(/)&/($1SDGDQGGHVLUHGFOHDQWLPH
'LVSOD\IODVKHV´E$Gµ
WKHQ´OLQ(µZLWKD
ORXGWRQH
7KHLQVWDOOHGFRQQHFWLRQ
IURPWKHKRXVHWRWKHXQLW
LVPLVZLUHG
‡&RQWDFWLQVWDOOHURUHOHFWULFLDQWRFRUUHFWPLVZLUH
:DUPLQJGUDZHUZLOO
QRWZRUN
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
‡5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
7KHRYHQLVVHOIFOHDQLQJ
‡:DLWIRUWKHVHOIFOHDQF\FOHWRILQLVKDQGWKHRYHQWRFRRO
&RQWUROVLPSURSHUO\VHW
‡6HHWKH8VLQJWKHZDUPLQJGUDZHUVHFWLRQ
2YHQ³$OO0RGHOV
‡)RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
0DNHVXUHLWLVFRRO
*($SSOLDQFHVFRP
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
([FHVVLYHFRQGHQVDWLRQ
LQWKHZDUPLQJGUDZHU
/LTXLGLQZDUPLQJGUDZHU
‡ 5HPRYHOLTXLG
8QFRYHUHGIRRGV
‡ &RYHUIRRGZLWKOLGRUDOXPLQXPIRLO
7HPSHUDWXUHVHWWLQJWRRKLJK
‡ 5HGXFHWHPSHUDWXUHVHWWLQJ
)RRGGULHVRXWLQWKH
ZDUPLQJGUDZHU
0RLVWXUHHVFDSLQJ
‡ &RYHUIRRGZLWKOLGRUDOXPLQXPIRLO
2YHQWHPSHUDWXUHWRR
KRWRUWRRFROG
2YHQWKHUPRVWDW
QHHGVDGMXVWPHQW
‡6HHWKH$GMXVWWKHRYHQWKHUPRVWDW²(DV\WRGR
\RXUVHOIVHFWLRQ
&ORFNDQGWLPHUGR
QRWZRUN
3OXJRQUDQJHLVQRWFRPSOHWHO\
LQVHUWHGLQWKHHOHFWULFDORXWOHW
‡0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
JURXQGHGRXWOHW
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
‡5HSODFHIXVHRUUHVHWFLUFXLWEUHDNHU
2YHQFRQWUROVLPSURSHUO\VHW
‡6HHWKH8VLQJWKHFORFNDQGWLPHUVHFWLRQ
'LVSOD\JRHVEODQN
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
‡5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
7KHFORFNLVWXUQHGRIIIURP
VKRZLQJLQWKHGLVSOD\
‡6HHWKH8VLQJWKHFORFNDQGWLPHUVHFWLRQ
2YHQGRRULVFURRNHG
7KHGRRULVRXWRISRVLWLRQ
‡%HFDXVHWKHRYHQGRRULVUHPRYDEOHLWVRPHWLPHVJHWV
RXWRISRVLWLRQGXULQJLQVWDOODWLRQ7RVWUDLJKWHQWKH GRRUSXVKGRZQRQWKHKLJKFRUQHU
2YHQPDNHV
FOLFNLQJQRLVH
7KLVLVWKHVRXQGRIWKH
KHDWLQJHOHPHQWWXUQLQJ
RIIDQGRQGXULQJ
FRRNLQJIXQFWLRQV
‡7KLVLVQRUPDO
´)³DQGDQXPEHU
RUOHWWHUµIODVKLQ
WKHGLVSOD\
<RXKDYHDIXQFWLRQHUURUFRGH
‡3UHVVWKH&/($52))SDG3XWWKHRYHQEDFN
LQWRRSHUDWLRQ
,IWKHIXQFWLRQFRGHUHSHDWV
‡'LVFRQQHFWDOOSRZHUWRWKHUDQJHIRUDWOHDVW
VHFRQGVDQGWKHQUHFRQQHFWSRZHU,IWKHIXQFWLRQ
HUURUFRGHUHSHDWVFDOOIRUVHUYLFH
‡2QVHOIFOHDQLQJPRGHOVLIDIXQFWLRQHUURUFRGH
DSSHDUVGXULQJWKHVHOIFOHDQLQJF\FOHFKHFNWKHRYHQ
GRRUODWFK7KHODWFKPD\KDYHEHHQPRYHGLIRQO\
VOLJKWO\IURPWKHORFNHGSRVLWLRQ0DNHVXUHWKHODWFK
LVPRYHGWRWKHULJKWDVIDUDVLWZLOOJR3UHVVWKH
&/($52))SDG$OORZWKHRYHQWRFRROIRURQHKRXU
3XWWKHRYHQEDFNLQWRRSHUDWLRQ
3RZHURXWDJH
3RZHURXWDJHRUVXUJH
‡6RPHPRGHOVZLOODXWRPDWLFDOO\UHVXPHWKHLUVHWWLQJRQFH
WKHSRZHULVUHVWRUHG2QPRGHOVZLWKDFORFN\RXPXVW UHVHWWKHFORFN,IWKHRYHQZDVLQXVH\RXPXVWUHVHWLWE\
SUHVVLQJWKH&/($52))SDGVHWWLQJWKHFORFNDQG
UHVHWWLQJDQ\FRRNLQJIXQFWLRQ
'LVSOD\IODVKHV
3RZHUIDLOXUH
‡5HVHWWKHFORFN
8QDEOHWRJHWWKHGLVSOD\
WRVKRZ´6)µ
2YHQFRQWUROSDGVZHUHQRW
SUHVVHGSURSHUO\
‡7KH%$.(DQG%52,/+,/2SDGVPXVWEHSUHVVHGDWWKH
VDPHWLPHDQGKHOGIRUVHFRQGV
%HIRUH\RXFDOOIRUVHUYLFH«
7URXEOHVKRRWLQJ7LSV
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
´%XUQLQJµRU´RLO\µ
RGRUHPLWWLQJIURPWKH
RYHQYHQW
7KLVLVQRUPDOLQDQHZRYHQ
DQGZLOOGLVDSSHDULQWLPH
‡7RVSHHGWKHSURFHVVVHWDVHOIFOHDQF\FOHIRUD
PLQLPXPRIKRXUV6HHWKH8VLQJWKHVHOIFOHDQLQJ
RYHQVHFWLRQ
6WURQJRGRU
$QRGRUIURPWKHLQVXODWLRQ
DURXQGWKHLQVLGHRIWKHRYHQ
LVQRUPDOIRUWKHILUVWIHZWLPHV
WKHRYHQLVXVHG
‡7KLVLVWHPSRUDU\
6HOI&OHDQLQJ0RGHOV
2YHQZLOOQRWVHOIFOHDQ
7KHRYHQWHPSHUDWXUHLVWRR
‡$OORZWKHUDQJHWRFRROWRURRPWHPSHUDWXUHDQGUHVHW
KLJKWRVHWDVHOIFOHDQRSHUDWLRQ WKHFRQWUROV
2YHQFRQWUROVLPSURSHUO\VHW
‡6HHWKH8VLQJWKHVHOIFOHDQLQJRYHQVHFWLRQ
2YHQGRRULVQRWLQWKHORFNHG
SRVLWLRQ
‡0DNHVXUH\RXPRYHWKHGRRUODWFKKDQGOHDOOWKHZD\WR
WKHULJKW
2YHQVWDUWVDVHOIFOHDQ 2YHQGRRUORFNHGGXULQJ
F\FOHZKHQ\RXZDQWHG FRRNLQJ
WREDNHURDVWRUEURLO
‡7XUQWKH2YHQ7HPSHUDWXUHNQREWR2))$OORZWKH
RYHQWRFRRO1HYHUIRUFHWKHGRRUODWFKKDQGOH
´&UDFNOLQJµRU
´SRSSLQJµVRXQG
7KLVLVWKHVRXQGRIWKHPHWDO ‡7KLVLVQRUPDO
KHDWLQJDQGFRROLQJGXULQJERWK
WKHFRRNLQJDQGFOHDQLQJ
IXQFWLRQV
([FHVVLYHVPRNLQJ
GXULQJDFOHDQF\FOH
([FHVVLYHVRLO
‡3UHVVWKH&/($52))SDG2SHQWKHZLQGRZVWRULG
WKHURRPRIVPRNH:DLWXQWLOWKHOLJKWRQWKH
6(/)&/($1SDGJRHVRII:LSHXSWKHH[FHVVVRLO
DQGUHVHWWKHFOHDQF\FOH
2YHQGRRUZLOO
QRWXQORFN
2YHQWRRKRW
‡$OORZWKHRYHQWRFRROEHORZORFNLQJWHPSHUDWXUH
2YHQQRWFOHDQDIWHUD
FOHDQF\FOH
2YHQFRQWUROVQRWSURSHUO\VHW
‡6HH8VLQJWKHVHOIFOHDQLQJRYHQVHFWLRQ
2YHQZDVKHDYLO\VRLOHG
‡&OHDQXSKHDY\VSLOORYHUVEHIRUHVWDUWLQJWKHFOHDQ
F\FOH+HDYLO\VRLOHGRYHQVPD\QHHGWRVHOIFOHDQ
DJDLQRUIRUDORQJHUSHULRGRIWLPH
6HOIFOHDQOLJKWEOLQNV
ZKHQWU\LQJWRVHWD
VHOIFOHDQF\FOH
7KH29(17(03NQREKDVQRW
EHHQVHWWR&/($1ZKHQWKH
ODWFKZDVPRYHGWRWKHULJKW
‡6HWWKH29(17(03NQREWR&/($16HHWKH8VLQJWKH
VHOIFOHDQLQJRYHQVHFWLRQ
7KHODWFKZDVQRWPRYHGWRWKH ‡0RYHWKHODWFKWRWKHULJKWDVIDUDVLWZLOOJR6HHWKH
ULJKWZKHQWKH29(17(03NQRE 8VLQJWKHVHOIFOHDQLQJRYHQVHFWLRQ
ZDVVHWWR&/($1
6HOIFOHDQOLJKWEOLQNV
GXULQJVHOIFOHDQF\FOH
$SRZHULQWHUUXSWLRQRFFXUUHG
‡7XUQWKH29(17(03NQREWR2))DQGPRYHWKHODWFK
WRWKHOHIWDVIDUDVLWZLOOJR5HVHWWKHUDQJHFRQWUROV
WRWKHGHVLUHGVHWWLQJV6HHWKH8VLQJWKHVHOIFOHDQLQJ
RYHQVHFWLRQ
$FFHVVRULHV
*($SSOLDQFHVFRP
/RRNLQJ)RU6RPHWKLQJ0RUH"1RWDOODFFHVVRULHVDUHDYDLODEOHIRUDOOPRGHOV
<RXFDQILQGWKHVHDFFHVVRULHVDQGPDQ\PRUHDW*($SSOLDQFHVFRP86
RUZZZ*($SSOLDQFHVFD&DQDGDRUFDOO86RU&DQDGD
GXULQJQRUPDOEXVLQHVVKRXUV+DYH\RXUPRGHOQXPEHUUHDG\
*UDWHV
6XUIDFH%XUQHU+HDGVDQG&DSV
.QREV
6XUIDFH(OHPHQWVDQG'ULS3DQV
RU
2YHQ5DFNV
2YHQ(OHPHQWV
/LJKW%XOEV
([WHQVLRQ5DFN
,I\RXUPRGHOLQFOXGHGDQH[WHQVLRQUDFN\RXFDQLQFUHDVHWKHIXQFWLRQDOLW\RI\RXUUDQJHZKHQ\RXSXUFKDVHDGGLWLRQDOH[WHQVLRQUDFNV9LVLW
ZZZJHDSSOLDQFHSDUWVFRPRUFDOODQGRUGHUSDUWQXPEHU:%73OHDVHQRWHH[WHQVLRQUDFNVGRQRWILWDOOPRGHOUDQJHV
([SHULHQFHWKHVHRWKHUJUHDWSURGXFWVWRNHHS\RXUNLWFKHQORRNLQJJUHDW
&HUDPLF
&RRNWRS
&OHDQLQJ.LW
,QFOXGHVFOHDQHU
VFUDSHUDQGSDG
&HUDPLF&RRNWRS
&OHDQLQJ:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH3ROLVK
:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH
&OHDQHU
:;;*&6
:;;
:;;
30;
*HWWKHPRVWRXWRI\RXU%URLOHU3DQ1RWIRUXVHZLWK%URLOHU'UDZHUPRGHOV
8VH\RXUSDQDQGJULGFRYHUWREURLOKDPEXUJHUVVHDIRRGVWHDNVYHJHWDEOHVEDFRQFKRSVDQGVRPXFKPRUH7KHSDQEHORZFDWFKHV
WKHH[FHVVIDWVDQGRLOV
‡*HQXLQH*(3DUW
‡(DV\7R&OHDQ
‡2QH<HDU:DUUDQW\
/LPLWHG7LPH2IIHU)UHH6KLSSLQJ
:KHQ\RXRUGHU\RXUEURLOHUSDQZLWKLQGD\VRISXUFKDVLQJ\RXU*(FRRNLQJSURGXFW
863DUW
'LPHQVLRQV
6PDOO
:%;
µ:[µ+[µ'
/DUJH
:%;
µ:[µ+[µ'
;/
:%;
µ:[µ+[µ'
7KHODUJHVWDQGDUGEURLOSDQGRHVQRWILWLQµµUDQJHV
7KH;/SDQGRHVQRWILWLQµZDOORYHQVµGURSLQVRUµµUDQJHV
7RSODFH\RXURUGHUFDOO86&DQDGDRUPDLOWKLVIRUPWR
,QWKH86*(3DUWV32%R[0HPSKLV71,Q&DQDGD*(3DUWV)DFWRU\/DQH0RQFWRQ1%(&0
✁
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
4XDQWLW\BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB %URLOHU3DQ2UGHU)RUP
3DUW1XPEHU BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
0RGHO1XPEHUBBBBBBBBBBBBBB 6HULDO1XPEHU BBBBBBBBBBBBBBBBBB %UDQG BBBBBBBBBBBBBBB 'DWHRI3XUFKDVHBBBBBBBBBB
)LUVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB /DVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&LW\BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6WDWHBBBBBBBBBBB =LS&RGHBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
3KRQHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (0DLOBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&KHFN BBBBBB
0RQH\2UGHUBBBBBB
&DOOLQWKH86RULQ&DQDGDIRUFXUUHQWSULFLQJ$OOFUHGLWFDUGRUGHUVPXVWEHFDOOHGLQ
1RWHV
1RWHV
*($SSOLDQFHVFRP
1RWHV
(OHFWULF5DQJH:DUUDQW\
$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH&HQWHUV
RUDQDXWKRUL]HG&XVWRPHU&DUHŠWHFKQLFLDQ7RVFKHGXOHVHUYLFH
YLVLWXVRQOLQHDW*($SSOLDQFHVFRPRUFDOO*(&$5(6
3OHDVHKDYHVHULDOQXPEHUDQGPRGHOQXPEHU
DYDLODEOHZKHQFDOOLQJIRUVHUYLFH
6WDSOH\RXUUHFHLSWKHUH
3URRIRIWKHRULJLQDOSXUFKDVHGDWH
LVQHHGHGWRREWDLQVHUYLFHXQGHU
WKHZDUUDQW\
)RU7KH3HULRG2I
*(:LOO3URYLGH
2QH<HDU
)URPWKHGDWHRIWKH
$Q\SDUWRIWKHUDQJHZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS
'XULQJWKLVOLPLWHGRQH\HDUZDUUDQW\*(ZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERU
DQGLQKRPHVHUYLFHWRUHSODFHWKHGHIHFWLYHSDUW
:KDW*(:LOO1RW&RYHU
„6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH
WKHSURGXFW
„,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH
„3URGXFWGDPDJHRUIDLOXUHRIWKHSURGXFWLILWLVDEXVHG
PLVXVHGXVHGIRURWKHUWKDQWKHLQWHQGHGSXUSRVHRUXVHG
FRPPHUFLDOO\
„'DPDJHWRWKHJODVVFRRNWRSFDXVHGE\XVHRIFOHDQHUV
RWKHUWKDQWKHUHFRPPHQGHGFOHDQLQJFUHDPV
„5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLWEUHDNHUV
„'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGV
RUDFWVRI*RG
„,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH
GHIHFWVZLWKWKLVDSSOLDQFH
„'DPDJHFDXVHGDIWHUGHOLYHU\
„3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH
„'DPDJHWRWKHJODVVFRRNWRSFDXVHGE\KDUGHQHGVSLOOV
RIVXJDU\PDWHULDOVRUPHOWHGSODVWLFWKDWDUHQRWFOHDQHG
DFFRUGLQJWRWKHGLUHFWLRQVLQWKH2ZQHU·V0DQXDO
(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHGLQWKLV/LPLWHG
:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RUILWQHVVIRUDSDUWLFXODUSXUSRVH
DUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ
7KLVZDUUDQW\LVH[WHQGHGWRWKHRULJLQDOSXUFKDVHUDQGDQ\VXFFHHGLQJRZQHUIRUSURGXFWVSXUFKDVHGIRUKRPHXVH
ZLWKLQWKH86$,IWKHSURGXFWLVORFDWHGLQDQDUHDZKHUHVHUYLFHE\D*($XWKRUL]HG6HUYLFHULVQRWDYDLODEOH\RXPD\
EHUHVSRQVLEOHIRUDWULSFKDUJHRU\RXPD\EHUHTXLUHGWREULQJWKHSURGXFWWRDQ$XWKRUL]HG*(6HUYLFHORFDWLRQIRU
VHUYLFH,Q$ODVNDWKHZDUUDQW\H[FOXGHVWKHFRVWRIVKLSSLQJRUVHUYLFHFDOOVWR\RXUKRPH
6RPHVWDWHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHV7KLVZDUUDQW\JLYHV
\RXVSHFLILFOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\IURPVWDWHWRVWDWH7RNQRZZKDW\RXU
OHJDOULJKWVDUHFRQVXOW\RXUORFDORUVWDWHFRQVXPHUDIIDLUVRIILFHRU\RXUVWDWH·V$WWRUQH\*HQHUDO
:DUUDQWRU*HQHUDO(OHFWULF&RPSDQ\/RXLVYLOOH.<
&RQVXPHU6XSSRUW
*($SSOLDQFHV:HEVLWH
*($SSOLDQFHVFRP
+DYHDTXHVWLRQRUQHHGDVVLVWDQFHZLWK\RXUDSSOLDQFH"7U\WKH*($SSOLDQFHV:HEVLWHDQ\GD\RIWKH\HDU
)RUJUHDWHUFRQYHQLHQFHDQGIDVWHUVHUYLFH\RXFDQQRZGRZQORDG2ZQHU·V0DQXDOVRUGHUSDUWVRUHYHQ
VFKHGXOHVHUYLFHRQOLQH
6FKHGXOH6HUYLFH
*($SSOLDQFHVFRP
([SHUW*(UHSDLUVHUYLFHLVRQO\RQHVWHSDZD\IURP\RXUGRRU*HWRQOLQHDQGVFKHGXOH\RXUVHUYLFHDW\RXU
FRQYHQLHQFHDQ\GD\RIWKH\HDU2UFDOO*(&$5(6GXULQJQRUPDOEXVLQHVVKRXUV
5HDO/LIH'HVLJQ6WXGLR
*($SSOLDQFHVFRP
*(VXSSRUWVWKH8QLYHUVDO'HVLJQFRQFHSW³SURGXFWVVHUYLFHVDQGHQYLURQPHQWVWKDWFDQEHXVHGE\SHRSOH
RIDOODJHVVL]HVDQGFDSDELOLWLHV:HUHFRJQL]HWKHQHHGWRGHVLJQIRUDZLGHUDQJHRISK\VLFDODQGPHQWDO
DELOLWLHVDQGLPSDLUPHQWV)RUGHWDLOVRI*(·V8QLYHUVDO'HVLJQDSSOLFDWLRQVLQFOXGLQJNLWFKHQGHVLJQLGHDV
IRUSHRSOHZLWKGLVDELOLWLHVFKHFNRXWRXU:HEVLWHWRGD\)RUWKHKHDULQJLPSDLUHGSOHDVHFDOO7''*($&
([WHQGHG:DUUDQWLHV
*($SSOLDQFHVFRP
3XUFKDVHD*(H[WHQGHGZDUUDQW\DQGOHDUQDERXWVSHFLDOGLVFRXQWVWKDWDUHDYDLODEOHZKLOH\RXUZDUUDQW\
LVVWLOOLQHIIHFW<RXFDQSXUFKDVHLWRQOLQHDQ\WLPHRUFDOOGXULQJQRUPDOEXVLQHVVKRXUV
*(&RQVXPHU+RPH6HUYLFHVZLOOVWLOOEHWKHUHDIWHU\RXUZDUUDQW\H[SLUHV
3DUWVDQG$FFHVVRULHV
*($SSOLDQFHVFRP
,QGLYLGXDOVTXDOLILHGWRVHUYLFHWKHLURZQDSSOLDQFHVFDQKDYHSDUWVRUDFFHVVRULHVVHQWGLUHFWO\WRWKHLUKRPHV
9,6$0DVWHU&DUGDQG'LVFRYHUFDUGVDUHDFFHSWHG2UGHURQOLQHHYHU\GD\RUE\SKRQHDW
GXULQJQRUPDOEXVLQHVVKRXUV
,QVWUXFWLRQVFRQWDLQHGLQWKLVPDQXDOFRYHUSURFHGXUHVWREHSHUIRUPHGE\DQ\XVHU2WKHUVHUYLFLQJ
JHQHUDOO\VKRXOGEHUHIHUUHGWRTXDOLILHGVHUYLFHSHUVRQQHO&DXWLRQPXVWEHH[HUFLVHGVLQFHLPSURSHU
VHUYLFLQJPD\FDXVHXQVDIHRSHUDWLRQ
&RQWDFW8V
*($SSOLDQFHVFRP
,I\RXDUHQRWVDWLVILHGZLWKWKHVHUYLFH\RXUHFHLYHIURP*(FRQWDFWXVRQRXU:HEVLWHZLWKDOOWKHGHWDLOV
LQFOXGLQJ\RXUSKRQHQXPEHURUZULWHWR *HQHUDO0DQDJHU&XVWRPHU5HODWLRQV
*($SSOLDQFHV$SSOLDQFH3DUN
/RXLVYLOOH.<
5HJLVWHU<RXU$SSOLDQFH
*($SSOLDQFHVFRP
5HJLVWHU\RXUQHZDSSOLDQFHRQOLQH³DW\RXUFRQYHQLHQFH7LPHO\SURGXFWUHJLVWUDWLRQZLOODOORZIRUHQKDQFHG
FRPPXQLFDWLRQDQGSURPSWVHUYLFHXQGHUWKHWHUPVRI\RXUZDUUDQW\VKRXOGWKHQHHGDULVH
<RXPD\DOVRPDLOLQWKHSUHSULQWHGUHJLVWUDWLRQFDUGLQFOXGHGLQWKHSDFNLQJPDWHULDO
7KLVERRNLVSULQWHGRQUHF\FOHGSDSHU
3ULQWHGLQ0H[LFR
%RELQDVHOHFWULFDV\UDGLDQWHV
&RFLQDV
*($SSOLDQFHVFRP
,QVWUXFFLRQHVGH6HJXULGDG ,QVWUXFFLRQHVGH2SHUDFLyQ
$MXVWHGHOWHUPRVWDWRGHOKRUQR 5HORM\WHPSRUL]DGRU +RUQR &RQWUROHVGHKRUQR )XQFLyQ6DEEDWK 6HOHFFLRQGHWLSRGHXWHQVLOLRV $XWROLPSLH]D &DUDFWHUtVWLFDVHVSHFLDOHV 8QLGDGHVGHVXSHUILFLH &DMyQFDOHQWDGRU
+RUQHDGR\URVWL]DGRFRQWHPSRUL]DGRU &XLGDGR\OLPSLH]D (VWXIDGHYLGULR 3DSHOGHDOXPLQLR &RQVHMRVSDUDODLGHQWLILFDFLyQ
\VROXFLyQGHSUREOHPDV $FFHVRULRV $SR\RDOFOLHQWH
0DQXDOGHO
3URSLHWDULR
0RGHOV%RELQDV
HOHFWULFDV\UDGLDQWHV
0RGHORV
OLPSLH]D
HVWDQGDU
-%6
-%6
-%6
-%6
-%6
5%
5%
5%
5%
-%6',
-%66,
0RGHORV
DXWROLPSLH]D
-%
-%3
-%3
-%3
-%3
-%3
5%
5%
5%
5%
5%
5%
5%
$SR\RDOFOLHQWH *DUDQWtD (VFULEDORVQ~PHURVGHPRGHOR\GHVHULHDTXt
0RGHORBBBBBBBBBBBBBBB
(Q&DQDGi
ZZZ*($SSOLDQFHVFD
,PSUHVRHQORV(VWDGRV8QLGRV
6HULHBBBBBBBBBBBBBBBBB
3XHGHHQFRQWUDUORVHQXQDHWLTXHWDXELFDGDGHWUiV
GHOFDMyQRGHWUiVGHODSXHUWDGHOKRUQRLQIHULRUHQ
HOIUHQWHGHOPDUFRGHODFRFLQD
,PSUHVRHQ
SDSHOUHFLFODGR
*(
,1)250$&,Ï1,03257$17('(6(*85,'$'
/($72'$6/$6,16758&&,21(6$17(6'(68862
$'9(57(1&,$
/HDWRGDVODVLQVWUXFFLRQHVGHVHJXULGDGDQWHVGHXWLOL]DUHVWHSURGXFWR1RVHJXLUHVWDVLQVWUXFFLRQHVSXHGHJHQHUDUXQ
LQFHQGLRXQDGHVFDUJDHOpFWULFDOHVLRQHVFRUSRUDOHVRODPXHUWH
',6326,7,92$17,92/&$'85$6
3DUDUHGXFLUHOULHVJRGHYROFDU
ODFRFLQDpVWDGHEHVXMHWDUVH
PHGLDQWHXQVRSRUWHDQWL
Riesgo de Volcaduras
YROFDGXUDVFRQXQDDGHFXDGD
Un niño o adulto pueden volcar la cocina y morir.
LQVWDODFLyQ9HUODVLQVWUXFFLRQHVGH
Verifique que el soporte anti-volcaduras haya sido
LQVWDODFLyQHQYLDGDVFRQHOVRSRUWH
instalado correctamente de tal manera que la pata
niveladora se sujete en el soporte anti-volcaduras.
SDUDREWHQHUGHWDOOHVFRPSOHWRV
Asegúrese de que el soporte anti-volcaduras sea
DQWHVGHLQLFLDUODLQVWDODFLyQ
reajustado cuando mueva la estufa de tal manera que
3DUD&RFLQDV6LQ$SR\R\
la pata niveladora se sujete en el soporte anti-volcaduras.
'HVOL]DEOHVV
No utilice la cocina sin que el soporte anti-volcaduras
3DUDFRQWURODUVLHOVRSRUWHHV
esté colocado y ajustado.
LQVWDODGR\DMXVWDGRGHIRUPD
Si estas instrucciones no se siguen, como resultado se podrá
producir la muerte o quemaduras graves de niños y adultos.
DSURSLDGDPLUHTXHGHEDMRGHOD
FRFLQDODSDWDQLYHODGRUDWUDVHUD
HVWpDMXVWDGDDOVRSRUWH(QDOJXQRVPRGHORVHOFDMyQGHDOPDFHQDPLHQWR
6RSRUWH$QWL
9ROFDGXUDV
RHOSDQHOGHSURWHFFLyQVHSXHGHQUHWLUDUSDUDXQDIiFLOLQVSHFFLyQ
6LQRHVSRVLEOHUHDOL]DUXQDLQVSHFFLyQYLVXDOGHVOLFHODFRFLQDKDFLD
DGHODQWHFRQILUPHTXHHOVRSRUWHDQWLYROFDGXUDVHVWpDMXVWDGRGHIRUPD
VHJXUDDOSLVRRODSDUHG\GHVOLFHODFRFLQDKDFLDDWUiVGHPRGRTXHOD
SDWDQLYHODGRUDWUDVHUDVHHQFXHQWUHGHEDMRGHOVRSRUWHDQWLYROFDGXUDV
3DWD1LYHODGRUD
6LODFRFLQDHVH[SXOVDGDGHODSDUHGSRUDOJXQDUD]yQVLHPSUHUHSLWDHVWH
&RFLQDV6LQ$SR\R\'HVOL]DEOHV
SURFHGLPLHQWRDILQGHYHULILFDUTXHHVWpDVHJXUDGRGHIRUPDFRUUHFWDFRQXQ
VRSRUWHDQWLYROFDGXUDV
1XQFDTXLWHODVSDWDVGHQLYHODFLyQSRUFRPSOHWR\DTXHODFRFLQDQR
Base o Bloque de
TXHGDUiELHQVXMHWDDOGLVSRVLWLYRDQWLYROFDGXUDV
Madera Negra
&RFLQDV(PSRWUDEOHV
3DUDFRQWURODUVLHOVRSRUWHHVWiLQVWDODGR\FRQHFWDGRFRUUHFWDPHQWH
GHVOLFHODFRFLQDKDFLDDGHODQWHFRQILUPHTXHHOVRSRUWHDQWLYROFDGXUDV
HVWpDGKHULGRGHIRUPDVHJXUDDODSDUWHWUDVHUDGHODFRFLQD\GHVOLFH
HVWD~OWLPDKDFLDDWUiVGHPRGRTXHHOVRSRUWHDQWLYROFDGXUDVVHGHVOLFH
Soporte
SRUGHEDMRGHOPRVWUDGRUREORTXHGHPDGHUDDGMXQWRDODSDUHGWUDVHUD
Anti-Volcaduras
6LXVWHGQRUHFLELyXQVRSRUWHDQWLYROFDGXUDVFRQVXFRPSUDOODPHDO
Horno
SDUDUHFLELUXQRVLQFRVWRDOJXQRHQ&DQDGiOODPHDO
3DUDFRQVXOWDULQVWUXFFLRQHVGHLQVWDODFLyQGHOVRSRUWH
YLVLWH*($SSOLDQFHVFRPHQ&DQDGi*($SSOLDQFHVFD
Pared Trasera
ADVERTENCIA
&RFLQDV(PSRWUDEOHV
$'9(57(1&,$
127,),&$&,Ï1,03257$17('(6(*85,'$'
/DOH\GH&DOLIRUQLDVREUHDJXDVSRWDEOHV\Wy[LFRVH[LJHTXHHO*REHUQDGRUGH&DOLIRUQLDSXEOLTXHXQDOLVWDGHVXVWDQFLDVTXHVHJ~Q
HOHVWDGRSURYRTXHQFiQFHUGHIHFWRVFRQJpQLWRVXRWURVGDxRVUHSURGXFWLYRV\H[LJHDODVHPSUHVDVTXHDGYLHUWDQDORVFOLHQWHV
VREUHODH[SRVLFLyQSRWHQFLDODGLFKDVVXVWDQFLDV
/DDLVODFLyQGHILEUDGHYLGULRGHORVKRUQRVDXWROLPSLDQWHVHPLWHXQDSHTXHxDFDQWLGDGGHPRQy[LGRGHFDUERQRGXUDQWH
HOFLFORGHOLPSLH]D/DH[SRVLFLyQSXHGHPLQLPL]DUVHYHQWLODQGRFRQXQDYHQWDQDDELHUWDRXVDQGRXQDFDPSDQDRYHQWLODGRU
*($SSOLDQFHVFRP
$'9(57(1&,$ ,16758&&,21(6*(1(5$/(6'(6(*85,'$'
„8VHHVWHDSDUDWRVyORFRQHOREMHWLYRSDUDHOTXHIXHFUHDGR
FRPRVHGHVFULEHHQHVWH0DQXDOGHO3URSLHWDULR
„$VHJ~UHVHGHTXHXQWpFQLFRFDOLILFDGRUHDOLFHXQDFRUUHFWD
LQVWDODFLyQ\SXHVWDDWLHUUDGHODUWHIDFWRGHDFXHUGRFRQODV
LQVWUXFFLRQHVGHLQVWDODFLyQSURYLVWDV
„
1RLQWHQWHUHSDUDURFDPELDUQLQJXQDSLH]DGHVXFRFLQDD
PHQRVTXHHVWpHVSHFtILFDPHQWHUHFRPHQGDGRHQHVWHPDQXDO
&XDOTXLHURWURVHUYLFLRGHEHUHDOL]DUORXQWpFQLFRFDOLILFDGR
„$QWHVGHUHDOL]DUFXDOTXLHUFODVHGHUHSDUDFLyQGHVHQFKXIHOD
FRFLQDRGHVFRQHFWHHOVXPLQLVWURHOpFWULFRGHVGHHOSDQHOGH
GLVWULEXFLyQGRPpVWLFRTXLWDQGRHOIXVLEOHRGHVFRQHFWDQGRHO
LQWHUUXSWRUGHFLUFXLWRV
„1RGHMHDORVQLxRVVRORVpVWRVQRGHEHQTXHGDUVRORVRVLQ
DWHQFLyQHQXQiUHDGRQGHXQDSDUDWRHVWpHQXVR1XQFDGHEH
SHUPLWLUVHTXHVHVXEDQVLHQWHQRSDUHQHQFXDOTXLHUSDUWHGH
HVWHDSDUDWR
35(&$8&,21
„
1RDOPDFHQHHOHPHQWRVGHLQWHUpV
SDUDQLxRVVREUHXQDFRFLQDRHQODSURWHFFLyQWUDVHUDGH
XQDFRFLQDORVQLxRVTXHVHWUHSDQDODFRFLQDSDUDDOFDQ]DU
HOHPHQWRVSXHGHQUHVXOWDUJUDYHPHQWHKHULGRV
„6yORXVHDJDUUDGHUDVVHFDVODVDJDUUDGHUDVK~PHGDVR
PRMDGDVFRORFDGDVHQVXSHUILFLHVFDOLHQWHVSXHGHQSURYRFDU
TXHPDGXUDVGHYDSRU1RSHUPLWDTXHODVDJDUUDGHUDVHQWUHQ
HQFRQWDFWRFRQXQLGDGHVGHVXSHUILFLHRORVHOHPHQWRV
FDOHQWDGRUHVFDOLHQWHV1RXWLOLFHWRDOODV
XRWUDVWHODVJUXHVDVHQOXJDUGHXQDDJDUUDGHUD
„
1XQFDXVHVXHOHFWURGRPpVWLFRSDUDFDOHQWDUODKDELWDFLyQ
$'9(57(1&,$
0$17(1*$/260$7(5,$/(6
,1)/$0$%/(6$/(-$'26'(/$&2&,1$
„1RDOPDFHQHRXWLOLFHPDWHULDOHVLQIODPDEOHVGHQWURGHXQKRUQR
RFHUFDGHODHVWXIDWDOHVFRPRSDSHOSOiVWLFRDJDUUDGHUDV
WHODVUHFXEULPLHQWRVGHSDUHGFRUWLQDV\JDVROLQDXRWURV
YDSRUHV\OtTXLGRVLQIODPDEOHV
„1XQFDXVHYHVWLPHQWDVKROJDGDVRDPSOLDVPLHQWUDVXWLOLFHHO
DSDUDWR(VWDVYHVWLPHQWDVSXHGHQSUHQGHUVHIXHJRVLHQWUDQ
HQFRQWDFWRFRQVXSHUILFLHVFDOLHQWHVSURYRFDQGRTXHPDGXUDV
JUDYHV
$'9(57(1&,$
„1RWRTXHODVXQLGDGHVGHVXSHUILFLHORVHOHPHQWRVFDOHQWDGRUHV
RODVXSHUILFLHLQWHULRUGHOKRUQR(VWDVVXSHUILFLHVSXHGHQHVWDU
ORVXILFLHQWHPHQWHFDOLHQWHVSDUDTXHPDUD~QFXDQGRWHQJDQ
XQFRORURVFXUR'XUDQWH\GHVSXpVGHOXVRQRWRTXHRGHMHTXH
VXYHVWLPHQWDXRWURVPDWHULDOHVLQIODPDEOHVHQWUHQHQFRQWDFWR
FRQXQLGDGHVGHVXSHUILFLHiUHDVFHUFDQDVDODVXQLGDGHVGH
VXSHUILFLHRFXDOTXLHUiUHDLQWHULRUGHOKRUQRGHMHSDVDUXQ
WLHPSRSUXGHQFLDOSDUDTXHVHHQIUtHQ2WUDVVXSHUILFLHVGHO
DSDUDWRSXHGHQFDOHQWDUVHORVXILFLHQWHFRPRSDUDSURYRFDU
TXHPDGXUDV/DVVXSHUILFLHVSRWHQFLDOPHQWHFDOLHQWHVLQFOX\HQ
ODHVWXIDODViUHDVRULHQWDGDVKDFLDODHVWXIDODDEHUWXUDGH
YHQWLODFLyQGHOKRUQRODVVXSHUILFLHVFHUFDQDVDODDEHUWXUD\ODV
KHQGLGXUDVXELFDGDVDOUHGHGRUGHODSXHUWDGHOKRUQR
„1RFDOLHQWHUHFLSLHQWHVFHUUDGRVGHDOLPHQWRV3RGUtDKDEHUXQD
DFXPXODFLyQGHSUHVLyQHQHOUHFLSLHQWH\pVWHSRGUtDH[SORWDU
SURYRFDQGROHVLRQHV
„
1RXWLOLFHSDSHOGHDOXPLQLRSDUDUHYHVWLUODVEDQGHMDVFROHFWRUDV
RQLQJXQDSDUWHGHOKRUQRFRQH[FHSFLyQGHORGHVFULSWRHQHVWH
PDQXDO8QXVRLQDGHFXDGRSXHGHSURYRFDUGDxRVDODFRFLQD\
XQDGHVFDUJDHOpFWULFDRXQULHVJRGHLQFHQGLR
„
7UDWHGHQRUD\DURJROSHDUODVSXHUWDVHVWXIDVRSDQHOHV
GHFRQWUROGHYLGULR6LORKDFHSRGUtDURPSHUVHHOYLGULR1R
FRFLQHVLXQSURGXFWRWLHQHXQYLGULRURWR3XHGHSURYRFDUVHXQD
GHVFDUJDXQLQFHQGLRRKHULGDV
„
&RFLQHFDUQHVGHUHV\GHDYHSRUFRPSOHWR/DVFDUQHVGH
UHVKDVWDDOFDQ]DUXQDWHPSHUDWXUDLQWHUQDGHSRUORPHQRV
ƒ)ƒ&\ODVFDUQHVGHDYHDXQDWHPSHUDWXUDLQWHUQDGH
SRUORPHQRVƒ)ƒ&/DFRFFLyQDHVWDVWHPSHUDWXUDV
JHQHUDOPHQWHSURWHJHGHHQIHUPHGDGHVWUDQVPLWLGDVSRUORV
DOLPHQWRV
„1RSHUPLWDTXHODJUDVDGHODFRFFLyQXRWURVPDWHULDOHV
LQIODPDEOHVVHDFXPXOHQGHQWURGHODFRFLQDRHQVXFHUFDQtD/D
JUDVDGHQWURGHOKRUQRRVREUHODHVWXIDSXHGHHQFHQGHUVH
„/LPSLHODVFDPSDQDVGHYHQWLODFLyQFRQIUHFXHQFLD1RGHEH
SHUPLWLUVHODDFXPXODFLyQGHJUDVDHQODFDPSDQDRHQHOILOWUR
(1&$62'(,1&(1',26,*$/26
6,*8,(17(63$6263$5$(9,7$5
/$3523$*$&,Ï1'(/)8(*2
„1RXWLOLFHDJXDHQLQFHQGLRVGHJUDVD1XQFDOHYDQWHXQDVDUWpQ
HQOODPDV$SDJXHORVFRQWUROHV$SDJXHXQDVDUWpQHQOODPDV
VREUHXQDXQLGDGGHVXSHUILFLHFXEULHQGRODVDUWpQSRUFRPSOHWR
FRQXQDWDSDTXHDMXVWHELHQXQDSODQFKDSDUDJDOOHWDVRXQD
EDQGHMDSODQD8WLOLFHXQTXtPLFRVHFRPXOWLXVRRXQH[WLQWRUGH
LQFHQGLRVGHHVSXPD
„6LKD\XQLQFHQGLRHQHOKRUQRGXUDQWHHOKRUQHDGRDSiJXHOR
FHUUDQGRODSXHUWDGHOKRUQR\DSDJDQGRHOFRQWURORXVDQGRXQ
TXtPLFRVHFRPXOWLXVRRXQH[WLQWRUGHLQFHQGLRVGHHVSXPD
„6LKD\XQLQFHQGLRHQHOKRUQRGXUDQWHODDXWROLPSLH]D
DSDJXHHOKRUQR\HVSHUHDTXHHOLQFHQGLRVHFRQVXPD1R
DEUDODSXHUWDGHOKRUQRDODIXHU]D(OLQJUHVRGHDLUHIUHVFRD
WHPSHUDWXUDVGHDXWROLPSLH]DSXHGHSURYRFDUXQDH[SORVLyQ
GHOODPDVGHVGHHOKRUQR1RVHJXLUHVWDLQVWUXFFLyQSXHGH
SURYRFDUTXHPDGXUDVJUDYHV
,1)250$&,Ï1,03257$17('(6(*85,'$'
/($72'$6/$6,16758&&,21(6$17(6'(68862
$'9(57(1&,$ ,16758&&,21(6'(6(*85,'$''(/$(678)$
„1XQFDGHMHODVXQLGDGHVGHVXSHUILFLHVLQDWHQFLyQ
HQFRQILJXUDFLRQHVGHFDORUPHGLDRDOWD/RVDOLPHQWRVTXH
KLHUYHQ\VHGHUUDPDQSXHGHQSURYRFDUKXPR\GHUUDPHV
JUDVRVRVTXHSXHGHQSUHQGHUVHIXHJR
„1XQFDGHMHDFHLWHVLQDWHQFLyQPLHQWUDVIUtH6LVHGHMD
FDOHQWDUPiVDOOiGHOSXQWRGHKXPHRHODFHLWHSXHGH
HQFHQGHUVHSURYRFDQGRXQLQFHQGLRTXHSRGUtDSURSDJDUVH
DORVJDELQHWHVFHUFDQRV8WLOLFHXQWHUPyPHWURSDUDJUDVD
FXDQGRVHDSRVLEOHSDUDFRQWURODUODWHPSHUDWXUDGHODFHLWH
„
3DUDHYLWDUHOGHUUDPHGHDFHLWH\XQLQFHQGLRXWLOLFHXQD
FDQWLGDGPtQLPDGHDFHLWHFXDQGRIUtDHQVDUWHQHVSRFR
SURIXQGDV\HYLWHODFRFFLyQGHDOLPHQWRVFRQJHODGRVFRQ
XQDFDQWLGDGH[FHVLYDGHKLHOR
„8WLOLFHHOWDPDxRGHUHFLSLHQWHDGHFXDGR(OLMDUHFLSLHQWHV
FRQEDVHVSODQDVORVXILFLHQWHPHQWHJUDQGHVSDUDFXEULU
HOHOHPHQWRFDOHQWDGRUGHVXSHUILFLH/DXWLOL]DFLyQGH
UHFLSLHQWHVPiVSHTXHxRVGHMDUiH[SXHVWDXQDSRUFLyQGH
ODXQLGDGGHVXSHUILFLHDOFRQWDFWRGLUHFWRORTXHSXHGH
SURYRFDUHOHQFHQGLGRGHVXVYHVWLPHQWDV
8QDUHODFLyQDGHFXDGDGHOUHFLSLHQWHFRQODXQLGDG
GHVXSHUILFLHWDPELpQPHMRUDUiODHILFLHQFLD
„6yORFLHUWRVWLSRVGHUHFLSLHQWHVGHYLGULRYLGULRFHUiPLFR
FHUiPLFDXRWURVUHFLSLHQWHVYLGULDGRVSXHGHQXWLOL]DUVH
VREUHODHVWXIDRWURVSXHGHQURPSHUVHGHELGRDOFDPELR
UHSHQWLQRGHWHPSHUDWXUD
„3DUDPLQLPL]DUODSRVLELOLGDGGHTXHPDGXUDV
HOHQFHQGLGRGHPDWHULDOHVLQIODPDEOHV\ORVGHUUDPHV
ODPDQLMDGHORVUHFLSLHQWHVGHEHQJLUDUVHKDFLDHOFHQWURGH
ODFRFLQDVLQH[WHQGHUVHVREUHQLQJXQDXQLGDG
GHVXSHUILFLHFHUFDQD
„
6LIODPEHDDOLPHQWRVEDMRODFDPSDQDHQFLHQGD
HOYHQWLODGRU
6
LVHSURGXFHXQFRUWHGHOX]HQXQDFRFLQDHOpFWULFD
„
PLHQWUDVODXQLGDGVXSHUILFLDOHVWiHQ21(QFHQGLGROD
XQLGDGVHYROYHUiDHQFHQGHUFXDQGRUHJUHVHODOX](QFDVR
GHIDOWDGHFRUULHQWHVLQRVHJLUDQWRGDVODVSHULOODVGHOD
XQLGDGGHVXSHUILFLDODODSRVLFLyQ2))$SDJDGRVHSRGUiQ
LQFHQGLDUDUWtFXORVHQRFHUFDGHODHVWXIDORFXDOSRGUi
SURGXFLUOHVLRQHVJUDYHVRODPXHUWH
$'9(57(1&,$ ,16758&&,21(6'(6(*85,'$''(/$
(678)$5$',$17(DOJXQRVPRGHORV
„7HQJDFXLGDGRDOWRFDUODHVWXID/DVXSHUILFLHGHYLGULRGHOD
HVWXIDUHWHQGUiFDORUGHVSXpVGHTXHORVFRQWUROHVVHKD\DQ
DSDJDGR
„1RFRFLQHVREUHXQDHVWXIDURWD6LODHVWXIDVHURPSHODV
VROXFLRQHVGHOLPSLH]D\ORVGHUUDPHVSXHGHQSHQHWUDU
HQODHVWXIDURWD\FUHDUXQULHVJRGHGHVFDUJDHOpFWULFD
&RPXQtTXHVHFRQXQWpFQLFRFDOLILFDGRGHLQPHGLDWR
„(YLWHUD\DUODHVWXIDGHYLGULR/DHVWXIDSXHGHUD\DUVHFRQ
HOHPHQWRVWDOHVFRPRFXFKLOORVLQVWUXPHQWRVILORVRVDQLOORVX
RWUDVMR\DV\UHPDFKHVGHODURSD
„
1RFRORTXHRDOPDFHQHHOHPHQWRVTXHSXHGHQGHUUHWLUVHR
SUHQGHUVHIXHJRVREUHODHVWXIDGHYLGULRD~QFXDQGRQROD
HVWpXVDQGR6LODHVWXIDVHHQFLHQGHHQIRUPDDFFLGHQWDO
SXHGHQSUHQGHUVHIXHJR(OFDORUSURYHQLHQWHGHODHVWXIDR
GHODYHQWLODFLyQGHOKRUQRWDPELpQSXHGHSUHQGHUORVIXHJR
D~QVLHODSDUDWRHVWiDSDJDGR
„8VHHOOLPSLDGRUGHHVWXIDVFHUiPLFDV&(5$0$%5<7(Š
\ODHVSRQMLOODGHOLPSLH]D&(5$0$%5<7(ŠSDUDOLPSLDU
ODHVWXID(VSHUHKDVWDTXHODHVWXIDVHHQIUtH\ODOX]
LQGLFDGRUDVHDSDJXHDQWHVGHOLPSLDU8QDHVSRQMD
RXQSDxRK~PHGRVVREUHXQDVXSHUILFLHFDOLHQWHSXHGHQ
SURYRFDUTXHPDGXUDVGHYDSRU$OJXQRVOLPSLDGRUHVSXHGHQ
SURGXFLUKXPRVWy[LFRVVLVHORVDSOLFDDXQDVXSHUILFLH
FDOLHQWH127$/RVGHUUDPHVGHD]~FDUVRQODH[FHSFLyQ
eVWRVGHEHQTXLWDUVHPLHQWUDVHVWiQFDOLHQWHVXWLOL]DQGRXQD
DJDUUDGHUD\XQUDVSDGRU3DUDLQVWUXFFLRQHVGHWDOODGDVYHU
ODVHFFLyQ&yPROLPSLDU
ODHVWXIDGHYLGULR
„/HD\FXPSODFRQWRGDVODVLQVWUXFFLRQHV\DGYHUWHQFLDVGHOD
HWLTXHWDGHODFUHPDGHOLPSLH]D
$'9(57(1&,$ ,16758&&,21(6'(6(*85,'$''(/$
(678)$'(%2%,1$6DOJXQRVPRGHORV
„1RVXPHUMDRUHPRMHODVXQLGDGHVGHVXSHUILFLH
GHVPRQWDEOHV1RODVFRORTXHHQHOODYDYDMLOODV
1RFRORTXHODVXQLGDGHVGHVXSHUILFLHGHQWURGHOKRUQR
FXDQGRUHDOLFHODDXWROLPSLH]D6LORKDFHSXHGHQOOHJDUD
IDOODUSURYRFDQGRXQSHOLJURGHTXHPDGXUDVRGHLQFHQGLR
„3DUDHYLWDUODSRVLELOLGDGGHXQDTXHPDGXUDRGHVFDUJD
HOpFWULFDVLHPSUHYHULILTXHTXHORVFRQWUROHVGHWRGDV
ODVXQLGDGHVGHVXSHUILFLHVHHQFXHQWUHQHQODSRVLFLyQ2))
DSDJDGR\TXHWRGDVODVERELQDVHVWpQIUtDVDQWHV
GHOHYDQWDURTXLWDUXQDXQLGDGGHVXSHUILFLHGHERELQDV
„
$VHJ~UHVHGHTXHODVEDQGHMDVFROHFWRUDVQRHVWpQFXELHUWDV
\VHHQFXHQWUHQHQVXOXJDU6XDXVHQFLDGXUDQWHODFRFFLyQ
SRGUtDGDxDUODVSLH]DV\HOFDEOHDGRGHODFRFLQD
„
1RXVHSDSHOGHDOXPLQLRSDUDFXEULUFDFHURODVHQOD
SDUWHLQIHULRU(OSDSHOSXHGHDWUDSDUHOFDORURGHUUHWLUVH
RFDVLRQDQGRGDxRVVREUHHOSURGXFWR\ULHVJRGHGHVFDUJD
HOpFWULFDRLQFHQGLR
*($SSOLDQFHVFRP
$'9(57(1&,$
,16758&&,21(6'(6(*85,'$''(/+2512
„0DQWpQJDVHDOHMDGRGHODFRFLQDFXDQGRDEUD
ODSXHUWDGHOKRUQR(ODLUH\HOYDSRUFDOLHQWHVTXHVDOHQGHOD
FRFLQDSXHGHQSURYRFDUTXHPDGXUDVHQPDQRVURVWUR\R
RMRV
„0DQWHQJDVLQREVWUXFFLRQHVODYHQWLODFLyQGHOKRUQR
„
0DQWHQJDHOKRUQROLEUHGHDFXPXODFLRQHVGHJUDVD
/DJUDVDGHQWURGHOKRUQRSXHGHSUHQGHUVHIXHJR
„6LHPSUHFRORTXHODVEDQGHMDVGHOKRUQRHQODSRVLFLyQ
GHVHDGDPLHQWUDVHOKRUQRHVWpIUtR6LODEDQGHMDGHEH
TXLWDUVHFXDQGRHOKRUQRWRGDYtDHVWiFDOLHQWHQRSHUPLWD
TXHODDJDUUDGHUDWRTXHHOHOHPHQWRFDOHQWDGRUGHOKRUQR
„&XDQGRXWLOLFHEROVDVGHFRFFLyQRGHDVDGRHQHOKRUQRVLJD
$'9(57(1&,$
ODVLQVWUXFFLRQHVGHOIDEULFDQWH
„7LUHGHODEDQGHMDGHOKRUQRKDVWDODSRVLFLyQGHWRSH
GHGHWHQFLyQFXDQGRFDUJXHRGHVFDUJXHDOLPHQWRV
GHOKRUQR(VWRD\XGDDHYLWDUTXHPDGXUDVSRUWRFDU
VXSHUILFLHVFDOLHQWHVGHODSXHUWD\ODVSDUHGHVGHOKRUQR
„
1RGHMHSURGXFWRVFRPRSDSHOXWHQVLOLRVGHFRFLQD
RDOLPHQWRVHQHOKRUQRFXDQGRQRORHVWpXVDQGR
/RVHOHPHQWRVJXDUGDGRVHQHOKRUQRSXHGHQSUHQGHUVH
IXHJR
„1RXVHSDSHOGHDOXPLQLRSDUDFXEULUHOIRQGRGHOKRUQR(O
DOXPLQLRSXHGHDWUDSDUHOFDORURGHUUHWLUVHORFXDOSXHGH
GDxDUHOSURGXFWR\SURYRFDUULHVJRGHGHVFDUJDHOpFWULFDR
XQLQFHQGLR
,16758&&,21(6'(6(*85,'$''(/
+2512$872/,03,$17(DOJXQRVPRGHORV
/DFDUDFWHUtVWLFDGHDXWROLPSLH]DIXQFLRQDHQHOKRUQRDWHPSHUDWXUDVORVXILFLHQWHPHQWHHOHYDGDVFRPRSDUDTXHPDUORV
UHVWRVGHDOLPHQWRVTXHTXHGDURQGHQWURGHOKRUQR6LJDHVWDVLQVWUXFFLRQHVSDUDXQDRSHUDFLyQVHJXUD
„$QWHVGHLQLFLDOHOFLFORGHDXWROLPSLH]DUHPXHYDORVVDUWHQHV
SDUUROODVGHPHWDOEULOODQWH\RWURVXWHQVLOLRVGHOKRUQR
VRORSXHGHQGHMDUVHHQHOKRUQRODVSDUULOODVUHYHVWLGDVGH
SRUFHODQDJULVRQHJUD1RXWLOLFHODDXWROLPSLH]DSDUD
OLPSLDURWUDVSLH]DVFRPREDQGHMDVEULOODQWHVRFKDURODV
„$QWHVGHXWLOL]DUHOFLFORGHDXWROLPSLH]DOLPSLHODJUDVD\ORV
GHUUDPHVGHDOLPHQWRVGHOKRUQR8QDFDQWLGDGH[FHVLYDGH
JUDVDSXHGHHQFHQGHUVHJHQHUDQGRGDxRVSRUHOKXPRHQ
VXKRJDU
$'9(57(1&,$
„6LHOPRGRGHDXWROLPSLH]DQRIXQFLRQDDSDJXHHOKRUQR
\GHVFRQHFWHHOVXPLQLVWURGHHQHUJtD/ODPHDXQWpFQLFR
FDOLILFDGRSDUDVROLFLWDUHODUUHJOR
„1ROLPSLHODHPSDFDGXUDGHODSXHUWD/DHPSDFDGXUDGH
ODSXHUWDHVHVHQFLDOSDUDXQEXHQVHOODGR'HEHWHQHUVH
FXLGDGRGHQRUHIUHJDUGDxDURPRYHUODHPSDFDGXUD
„
1RXWLOLFHOLPSLDGRUHVGHKRUQR1RGHEHXWLOL]DUVHQLQJ~Q
OLPSLDGRUFRPHUFLDORUHYHVWLPLHQWRSURWHFWRUGHQLQJXQD
FODVHGHQWURRDOUHGHGRUGHQLQJXQDSLH]DGHOKRUQR
&$-Ï1&$/(17$'25&$-Ï1'(/+2512
,1)(5,25,16758&&,21(6'(6(*85,'$'
DOJXQRVPRGHORV „(OREMHWLYRGHOFDMyQFDOHQWDGRUHVPDQWHQHUDOLPHQWRV
FRFLGRVFDOLHQWHVDODWHPSHUDWXUDGHVHUYLFLR3RUGHEDMRGH
ORVƒ)ƒ&SXHGHSURGXFLUVHFUHFLPLHQWRGHEDFWHULDVHQ
ORVDOLPHQWRV1RFRORTXHDOLPHQWRVIUtRV
HQHOFDMyQFDOHQWDGRU1RFDOLHQWHDOLPHQWRVSRUPiV
GHKRUDV1RVHJXLUHVWDVLQVWUXFFLRQHVSXHGHSURYRFDU
HQIHUPHGDGHVWUDQVPLWLGDVSRUORVDOLPHQWRV
„1RGHMHSURGXFWRVGHSDSHOSOiVWLFRVFRPLGDHQODWDGD
RPDWHULDOHVFRPEXVWLEOHVHQHOFDMyQ3XHGHQSUHQGHUVH
IXHJR
„1RWRTXHHOHOHPHQWRFDOHQWDGRURODVXSHUILFLHLQWHUQDGHO
FDMyQ(VWDVVXSHUILFLHVSXHGHQHVWDUORVXILFLHQWHPHQWH
FDOLHQWHVFRPRSDUDSURYRFDUTXHPDGXUDV
„
7HQJDFXLGDGRDODEULUHOFDMyQ$EUDXQSRFRHOFDMyQ\GHMH
VDOLUHODLUHFDOLHQWH\HOYDSRUDQWHVGHTXLWDURYROYHUD
FRORFDUORVDOLPHQWRV(ODLUH\HOYDSRUFDOLHQWHVTXHVDOHQ
SXHGHQSURYRFDUTXHPDGXUDVHQPDQRVURVWUR\RRMRV
„
1RXVHSDSHOGHDOXPLQLRSDUDFXEULUHOFDMyQLQIHULRU(OSDSHO
DWUDSDUiHQFDORUGHOIRQGR\DOWHUDUiHOIXQFLRQDPLHQWR
GHOKRUQR(OSDSHOVHSRGUiGHUUHWLU\GDxDUGHIRUPD
SHUPDQHQWHODSDUWHLQIHULRUGHOFDMyQ&XDOTXLHUGDxRSRU
XVRLQDGHFXDGRGHOSDSHOGHDOXPLQLRQRHVWDUiFXELHUWRSRU
ODJDUDQWtDGHOSURGXFWR
8VRGHXQLGDGHVGHODVXSHUILFLH
(VSRVLEOHTXHODVIXQFLRQHV\DSDULHQFLDVYDUtHQFRQUHODFLyQDVXPRGHORDORODUJRGHOPDQXDO
&yPR&RQILJXUDU
3UHVLRQHODSHULOODKDFLDDGHQWUR\JLUH
HQFXDOTXLHUDGHODVGLUHFFLRQHVKDVWDOD
FRQILJXUDFLyQTXHGHVHH
7DQWRHQ2))$SDJDGRFRPRHQ+,$OWR
HOFRQWUROVHDMXVWDHQODSRVLFLyQ(VSRVLEOH
TXHHVFXFKHOHYHVVRQLGRVGHDMXVWHGXUDQWH
ODFRFFLyQLQGLFDQGRTXHHOFRQWUROHVWi
PDQWHQLHQGRVXFRQILJXUDFLyQGHVHDGD
$VHJ~UHVHGHJLUDUODSHULOOD
GHFRQWUROD2))$SDJDGR
FXDQGRILQDOLFHODFRFFLyQ
/XFHVLQGLFDGRUDVHQPRGHORV
UDGLDQWHVVRODPDQWH
8QLQGLFDGRUGH+27685)$&(R+27
&22.723GHSHQGLHQGRGHOPRGHOR
HQFHQGHUDFXDQGRDOJXQRGHORVHOHPHQWRV
UDGLDQWHVHVWHFDOLHQWH\SHUPDQHFHUD
HQFHQFLGRLQFOXVRVLODXQLGDGHVWD
DSDJDGDKDVWDTXHODVXSHUILFLHVHHQIULHD
DSUR[LPDGDPHQWHƒ)ƒ&
8QLQGLFDGRUGH685)$&(81,7R%851(521
GHSHQGLHQGRGHOPRGHORHQFHQGHUDFXDQGR
DOJXQDXQLGDGGHVXSHUILFLHHVWHHQFHQGLGD
127$(OLQGLFDGRUGH685)$&(81,7R
%851(521SXHGHHQFHQGHUHQWUHODV
SRVLFLRQHVGHOFRQWURO/R\2))SHURQRKD\
HQHUJLDHQODXQLGDG
8QLGDGHV6XSHUILFLDOHV'REOHV
\3HULOODVGH&RQWUROHQDOJXQRVPRGHORV
/DXQLGDGGHVXSHUILFLHSRVHHWDPDxRVGH
FRFFLyQFP\FPTXHVHSXHGHQ
VHOHFFLRQDUGHPRGRTXHSXHGDHQOD]DUHO
WDPDxRGHODXQLGDGDOWDPDxRGHOXWHQVLOLR
TXHHVWpXVDQGR
HQDOJXQRVPRGHORV
3DUDXVDUHOTXHPDGRUSHTXHxRJLUHOD
SHULOODGHOFRQWUROHQVHQWLGRFRQWUDULRGHODV
PDQHFLOODVGHOUHORMDODSRVLFLyQGHDMXVWHV
60$//%851(5
3DUDXVDUHOTXHPDGRUJUDQGHJLUHODSHULOODGHO
FRQWUROHQVHQWLGRGHODVPDQHFLOODVGHOUHORMD
ODSRVLFLRQGHDMXVWHV/$5*(%851(5
HQDOJXQRVPRGHORV
HQDOJXQRVPRGHORV
*($SSOLDQFHVFRP
(VSRVLEOHTXHODVIXQFLRQHV\DSDULHQFLDVYDUtHQFRQUHODFLyQDVXPRGHORDORODUJRGHOPDQXDO
:DUPLQJ=RQH
8VRGHOÈUHDSDUD&DOHQWDU
$'9(57(1&,$
5,(6*2'((19(1(1$0,(172&21&20,'$
6HSXHGHQGHVDUUROODUEDFWHULDVFXDQGROD
FRPLGDHVWpDXQDWHPSHUDWXUDLQIHULRUDORV
ž
■6LHPSUHFRPLHQFHFRQFRPLGDFDOLHQWH1R
XVHFRQILJXUDFLRQHVHQ:$50&DOLHQWH
SDUDFDOHQGDUFRPLGDIUtD
■1RXVHODFRQILJXUDFLyQ:$50&DOHQWDU
GXUDQWHPiVGHKRUDV
6LQRVHVLJXHQHVWDVLQVWUXFFLRQHVVHSRGUiQ
SURGXFLUHQIHUPHGDGHVJHQHUDGDVHQOD
FRPLGD
:$50,1*=21(ÈUHDSDUD&DOHQWDUXELFDGD
HQODSDUWHFHQWUDOWUDVHUDGHODVXSHUILFLHGH
YLGULRPDQWHQGUiODFRPLGDFDOLHQWH\FRFLGDD
ODWHPSHUDWXUDSDUDVHUYLU6LHPSUHFRPLHQFH
FRQFRPLGDFDOLHQWH1RXVHODIXQFLyQSDUD
FDOHQWDUFRPLGDIUtD&RORFDUFRPLGDTXHQR
HVWiFRFLQDGDRIUtDHQHOÈUHDSDUD&DOHQWDU
SRGUtDSURGXFLUHQIHUPHGDGHVGHVDUUROODGDV
SRUEDFWHULDVHQODFRPLGD
3UHVLRQH\JLUHODSHULOODGHFRQWUROKDFLD
FXDOTXLHUFRQILJXUDFLyQGHVHDGD
3DUDREWHQHUPHMRUHVUHVXOWDGRVWRGDVODV
FRPLGDVHQHOÈUHDSDUD&DOHQWDUGHEHUtDQ
HVWDUFXELHUWDVSRUXQDWDSDRSDSHOGH
DOXPLQLR$OFDOHQWDUSDVWHOHVRSDQHVODWDSD
VHGHEHUiYHQWLODUSDUDGHMDUTXHODKXPHGDG
VDOJD
8VHODFRQILJXUDFLyQPiVEDMDSDUDSDQHV\
PDVDV8VHXQDFRQILJXUDFLyQPHGLDSDUD
YHUGXUDVVDOVDVJXLVRVVRSDVGHFUHPD
PDQWHFD\FKRFRODWH8VHODFRQILJXUDFLyQPiV
DOWDSDUDVRSDVOtTXLGDV\EHELGDVFDOLHQWHV
(VWDVFRQILJXUDFLRQHVLQLFLDOHVVXJHULGDVVRQ
SDUDUHIHUHQFLD~QLFDPHQWH/DWHPSHUDWXUD
WLSR\FDQWLGDGGHFRPLGDHOWLSRGHROOD\HO
WLHPSRDIHFWDUiQODFDOLGDGGHODFRPLGD
6LHPSUHXVHODVPDQLMDVGHODVROODVRJXDQWHV
SDUDKRUQRDOUHWLUDUFRPLGDGHOÈUHDSDUD
&DOHQWDU\DTXHORVXWHQVLOLRV\SODWRVHVWDUiQ
FDOLHQWHV
127$(OFDOHQWDGRUVXSHUILFLDOHPLWLUiXQEULOOR
URMRDOLJXDOTXHORVHOHPHQWRVGHFRFFLyQ
8WLOL]DQGRODVXQLGDGHVGHVXSHUILFLHUDGLDQWH
$ERXWWKHUDGLDQWVXUIDFHXQLWV
/DHVWXIDUDGLDQWHFXHQWDFRQXQLGDGHV
FDOHQWDGRUDVGHEDMRGHXQDVXSHUILFLHOLVDGH
YLGULR
1XQFDFRFLQHGLUHFWDPHQWHVREUHHO
YLGULR6LHPSUHXWLOLFHUHFLSLHQWHVGH
FRFFLyQ
6LHPSUHFRORTXHHOUHFLSLHQWHHQHO
FHQWURGHODXQLGDGGHVXSHUILFLH
VREUHODTXHHVWiFRFLQDQGR
127$8QOLJHURRORUHVQRUPDOFXDQGR
XQDHVWXIDQXHYDVHXWLOL]DSRUSULPHUDYH]
(VSURYRFDGRSRUHOFDOHQWDPLHQWRGHSLH]DV
QXHYDV\PDWHULDOHVDLVODQWHV\GHVDSDUHFHUiHQ
SRFRWLHPSR
/DXQLGDGVXSHUILFLDOVHJXLUiXQFLFORGH
HQFHQGLGR\DSDJDGRSDUDPDQWHQHUVX
FRQILJXUDFLyQGHFRQWUROVHOHFFLRQDGD
(VVHJXURFRORFDUXWHQVLOLRVFDOLHQWHVHQOD
VXSHUILFLHGHYLGULRLQFOXVRFXDQGRODHVWXID
HVWpIUtD
$XQTXHODVXQLGDGHVGHVXSHUILFLHVHKD\DQ
DSDJDGRODHVWXIDGHYLGULRUHWLHQHVXILFLHQWH
FDORUSDUDFRQWLQXDUODFRFFLyQ3DUDHYLWDUOD
VREUHFRFFLyQTXLWHODVROODVGHODVXQLGDGHVGH
VXSHUILFLHFXDQGRORVDOLPHQWRVHVWpQFRFLGRV
1RFRORTXHQDGDVREUHODXQLGDGGHVXSHUILFLH
KDVWDTXHVHKD\DHQIULDGRSRUFRPSOHWR
1RGHVOLFHORVUHFLSLHQWHVGHFRFFLyQDWUDYpVGHOFRQWURO
\ODVXSHUILFLHGHODHVWXIDSRUTXHSXHGHUD\DUHOYLGULR
(OYLGULRHVUHVLVWHQWHDORVUD\RQHVSHURQRDSUXHEDGH
ORVPLVPRV
„/DVPDQFKDVGHDJXDGHSyVLWRVPLQHUDOHV
SXHGHQTXLWDUVHXWLOL]DQGRFUHPDOLPSLDGRUD
RYLQDJUHEODQFRVLQGLOXLU
„(OXVRGHOLPSLDGRUGHYHQWDQDVSXHGHGHMDU
XQDSHOtFXODLULGLVFHQWHVREUHODHVWXID
/DFUHPDOLPSLDGRUDTXLWDUiHVWD
GHFRORUDFLyQ
„1RDOPDFHQHHOHPHQWRVSHVDGRVVREUH
ODHVWXID6LFDHQVREUHODHVWXIDSRGUtDQ
SURYRFDUGDxRV
„1RXWLOLFHODVXSHUILFLHFRPRXQDWDEODSDUD
FRUWDU
/LPLWDGRUGH7HPSHUDWXUDHQ(VWXIDVGH9LGULR5DGLDQWH
&DGDXQLGDGGHVXSHUILFLHUDGLDQWHFXHQWDFRQ
XQOLPLWDGRUGHWHPSHUDWXUD
(OOLPLWDGRUGHWHPSHUDWXUDHYLWDTXHODHVWXIDGH
YLGULRVHFDOLHQWHHQH[FHVR
(OOLPLWDGRUGHWHPSHUDWXUDSRGUiDSDJDUODV
XQLGDGHVVXSHUILFLDOHVSRUFLFORVGXUDQWHXQ
WLHPSRVL
„ODROODKLHUYHKDVWDVHFDUVH
„ HOIRQGRGHODROODQRHVSODQR
„ODROODHVWiIXHUDGHOFHQWUR
„QRKD\ROODHQODXQLGDG
&yPRVHOHFFLRQDUWLSRVGHXWHQVLOLRVSDUD
PRGHORVGHHVWXIDGHYLGULRUDGLDQWH
*($SSOLDQFHVFRP
/DVLJXLHQWHLQIRUPDFLyQORD\XGDUiDHOHJLUORVUHFLSLHQWHVGHFRFFLyQTXHEULQGDQXQEXHQGHVHPSHxR
HQHVWXIDVGHYLGULR9HUHOIROOHWRVREUHUHFLSLHQWHVSDUDXVDUFRQHVWXIDVGHLQGXFFLyQ
$FHURLQR[LGDEOH
5HFRPHQGDGR
$OXPLQLR
9HULILTXHTXHORVUHFLSLHQWHV
WHQJDQEDVHVSODQDVXWLOL]DQGR
XQDUHJOD
6HUHFRPLHQGDGHFDSDJUXHVD
%XHQDFRQGXFWLYLGDG/RVUHVLGXRVGHDOXPLQLR
DYHFHVSDUHFHQUD\RQHVVREUHODHVWXIDSHUR
SXHGHQTXLWDUVHVLVHORVOLPSLDGHLQPHGLDWR
'HELGRDVXEDMRSXQWRGHIXVLyQQRGHEH
XWLOL]DUVHDOXPLQLRGHFDSDILQD
%DVHGHFREUH
5HFRPHQGDGR
(OFREUHSXHGHGHMDUUHVLGXRVTXHSXHGHQ
SDUHFHUUD\RQHV/RVUHVLGXRVSXHGHQ
HOLPLQDUVHVLHPSUH\FXDQGRODHVWXID
VHOLPSLHGHLQPHGLDWR6LQHPEDUJRQR
SHUPLWDTXHHVWDVROODVKLHUYDQHQVHFR
(OPHWDOVREUHFDOHQWDGRSXHGHDGKHULUVH
DODVHVWXIDVGHYLGULR6LQRVHHOLPLQDGH
LQPHGLDWRXQDROODFRQODEDVHGHFREUH
VREUHFDOHQWDGRGHMDUiXQUHVLGXRTXH
PDQFKDUiODHVWXIDHQIRUPDSHUPDQHQWH
(VPDOWHGHSRUFHODQDVREUHKLHUUR
IXQGLGR
1RVHUHFRPLHQGDQUHFLSLHQWHVFRQ
EDVHVUHGRQGHDGDVFXUYDGDVFRQ
UHERUGHVRWRUFHGXUDV
5HFRPHQGDGR
6HUHFRPLHQGDHOXVRGHHVWHXWHQVLOLRVLHPSUH
\FXDQGRHOPLVPRHVWpFRPSOHWDPHQWH
FXELHUWRFRQHVPDOWHGHSRUFHODQD
6HUHFRPLHQGDWHQHUFXLGDGRFRQXWHQVLOLRV
GHKLHUURIRUMDGRTXHQRHVWpQFRPSOHWDPHQWH
FXELHUWRVFRQSRUFHODQDHVPDOWDGDSDUHMD
\DTXHHVWRVSHGHQUD\DUODFXELHUWDGHYLGULR
FHUDPLFR
9LGULRFHUiPLFR
1RVHUHFRPLHQGD
'HVHPSHxRSREUH3XHGHUD\DUODVXSHUILFLH
&HUiPLFD
1RVHUHFRPLHQGD
'HVHPSHxRSREUH3XHGHUD\DUODVXSHUILFLH
&RQVHMRVSDUD3URGXFWRV(QODWDGRV
HQHO+RJDU
$VHJ~UHVHTXHHOSURGXFWRHQODWDGRVH
HQFXHQWUHVREUHODXQLGDGVXSHUILFLDO
$VHJ~UHVHGHTXHHOSURGXFWRHQODWDGRVHD
SODQRHQVXSDUWHLQIHULRU
8VHUHFHWDV\SURFHGLPLHQWRVGHIXHQWHV
FRQILDEOHV(VWRVVHHQFXHQWUDQGLVSRQLEOHVD
WUDYpVGHIDEULFDQWHVFRPR%DOOŠ\.HUUŠ\HO
'HSDUWPHQWRI$JULFXOWXUH([WHQVLRQ6HUYLFH
6HUYLFLRGHO'HSDUWDPHQWRGH$JULFXOWXUD
3DUDHYLWDUTXHPDGRUDVGHYDSRURFDORUWHQJD
FXLGDGRDOHQODWDUHOSURGXFWR
7KHIROORZLQJLQIRUPDWLRQZLOOKHOS\RXFKRRVHFRRNZDUHZKLFKZLOOJLYHJRRGSHUIRUPDQFHRQFRLOFRRNWRSV
&RQVHMRVSDUD8WHQVLOLRVFRQ6XSHUILFLH
s
$QRPiVGHSXOJDGD
8VHXWHQVLOLRVGHSHVRPHGLRRSHVDGR/RV
XWHQVLOLRVGHDOXPLQLRFRQGXFHQHOFDORUPiV
UiSLGRTXHRWURVPHWDOHV/RVXWHQVLOLRVGH
KLHUURIRUMDGR\GHKLHUURIRUMDGRFXELHUWR
VRQGHOHQWDDEVRUFLyQGHOFDORUSHUR
JHQHUDOPHQWHFRFLQDQGHIRUPDSDUHMDHQ
FRQILJXUDFLRQHVGHFDORUHQWUHEDMDV\PHGLDV
/DVROODVGHDFHURSXHGHQFRFLQDUGHIRUPD
GHVSDUHMDVLQRVHFRPELQDQFRQRWURVPHWDOHV
3DUDREWHQHUPHMRUHVGHUHVXOWDGRVGH
FRFFLyQODVROODVGHEHQVHUGHIRQGRSODQR
+DJDFRLQFLGLUHOWDPDxRGHODFDFHURODFRQHO
WDPDxRGHODVXSHUILFLHGHODXQLGDG/DROODQR
VHGHEHUiH[WHQGHUPiVGHSXOJDGDVREUHHO
H[WUHPRGHODVXSHUILFLHGHODXQLGDG
&RFFLyQFRQ:RN
5HFRPHQGDPRVTXHXVHVyORXQZRNFRQIRQGR
SODQR(VWiQGLVSRQLEOHVHQVXWLHQGDPLQRULVWD
ORFDO
1RXVHZRNVFRQVRSRUWHVDQLOODGRV(OXVRGH
HVWRVWLSRVGHZRNVFRQRVLQDQLOORVSXHGHVHU
SHOLJURVR
8WLOLFHZRNVGHEDVHSODQDVREUH
ODHVWXIDGHYLGULR
&RORFDUHODQLOORVREUHODVXSHUILFLHGHODXQLGDG
SURGXFLUiDFXPXODFLyQGHFDORUTXHGDxDUi
ODHVWXIDGHSRUFHODQD1RLQWHQWHXVDUGLFKRV
ZRNVVLQHODQLOOR3RGUtDVXIULUTXHPDGXUDV
JUDYHVVLVHSURGXFHXQDYROFDGXUDGHOZRN
8VRGHORVFRQWUROHVGHOKRUQRHQDOJXQRVPRGHORV
(VSRVLEOHTXHODVIXQFLRQHV\DSDULHQFLDVYDUtHQFRQUHODFLyQDVXPRGHORDORODUJRGHOPDQXDO
or
or
&DUDFWHULVWLFDV\DMXVWHVGHOFRQWUROGHKRUQRUHORM\WHPSRUL]DGRU
7HOFD%$.(7(035(&$//
7RXFKWKLVSDGWRVHOHFWWKHEDNHIXQFWLRQ
7HFODOX]GHKRUQR%$.(OLJKW
) ODVKHVZKLOHLQHGLWPRGH³\RXFDQFKDQJHWKH
RYHQWHPSHUDWXUHDWWKLVSRLQW*ORZVZKHQWKH
RYHQLVLQEDNHPRGH
7HFOD6WDUW2Q,QLFLDU(QFHQGLGR
UHVLRQHSDUDVHOHFFLRQDUKRUQHDUFRQODIXQFLyQGH
3
FRQYHFFLyQ
3DQWDOOD
XHVWUDODKRUDGHOGtDWHPSHUDWXUDGHOKRUQR
0
VLHOKRUQRHVWiHQPRGRFRFLQDUDVDGRUR
DXWROLPSLH]D\ORVWLHPSRVVHOHFFLRQDGRV
SDUDODVRSHUDFLRQHVDXWRPiWLFDVGHOKRUQR
/DSDQWDOODPRVWUDUD35(PLHQWUDVHOKRUQR
VHSUHFDOLHQWD&XDQGRHOKRUQRDOFDQ]DOD
WHPSHUDWXUDVHOHFFLRQDGDHOFRQWUROGHOKRUQR
HPLWLUiXQVRQLGREHHS\ODSDQWDOODPRVWUDUDOD
WHPSHUDWXUDGHOKRUQR
0XHVWUDODKRUDGHOGtDWHPSHUDWXUDGHOKRUQR
VLHOKRUQRHVWiHQPRGRFRFLQDUDVDGRUR
DXWROLPSLH]D\ORVWLHPSRVVHOHFFLRQDGRV
SDUDODVRSHUDFLRQHVDXWRPiWLFDVGHOKRUQR
/DSDQWDOODPRVWUDUD35(PLHQWUDVHOKRUQR
VHSUHFDOLHQWD&XDQGRHOKRUQRDOFDQ]DOD
WHPSHUDWXUDVHOHFFLRQDGDHOFRQWUROGHOKRUQR
HPLWLUiXQVRQLGREHHS\ODSDQWDOODPRVWUDUDOD
WHPSHUDWXUDGHOKRUQR
6L´)\XQQ~PHURROHWUDSDUSDGHDHQODSDQWDOOD
\ODVVHxDOHVGHOFRQWUROHVWRLQGLFDXQFyGLJRGH
HUURURIXQFLyQGHHUURU
6LVXKRUQRIXHSURJUDPDGRFRQXQDIXQFLyQ
\WLHPSR\RFXUUHXQDIDOODHQHOVXPLQLVWURGH
HQHUJtDHOpFWULFDHOUHORM\WRGDVODVIXQFLRQHV
GHEHQVHUUHSURJUDPDGDV
(OWLHPSRGHOGtDSDUSDGHDUDHQODSDQWDOOD
FXDQGRKD\DRFXUULGRXQDIDOODHQHOVXPLQLVWUR
GHHQHUJtDUHSURJUDPHHOUHORM
6LHOFyGLJRGHHUURUDSDUHFHGXUDQWHHOFLFORGH
DXWROLPSLH]DUHYLVHHOFHUURMRGHODSXHUWDGHO
KRUQR/DSDODQFDGHOFHUURMRSXHGHKDEHUVH
PRYLGRDXQTXHVHDVROROLJHUDPHQWHGHOD
SRVLFLyQGHFHUUDGR$VHJXUHVHGHTXHODSDODQFD
GHOFHUURMRVHPXHYDDODGHUHFKDWDQWRFRPRVHD
SRVLEOH
7RTXHODWHFOD&/($52))'HMHTXHHOKRUQR
VHHQIULpGXUDQWHXQDKRUD3RQJDHOKRUQRHQ
IXQFLRQDPLHQWRVLHOFyGLJRIXQFLyQHUURUVHUHSLWH
GHVFRQHFWHHOVXPLQLVWURGHHQHUJtD\OODPHSDUD
VHUYLFLR
7(&/$.,7&+(17,0(5212))R7,0(521
2))
3UHVLRQHHVWD7HFODSDUDVHOHFFLRQDUODIXQFLyQ
GHOWLHPSR
(QWRQFHVWRTXHODVWHFODV´µ\´´SDUDDMXVWDUHO
WLHPSR
/X]7,0(5
3DUSDGHDPLHQWUDVHVWDHQPRGRGHHGLFLyQXVWHG
SXHGHFDPELDUODSURJUDPDFLyQGHOWLHPSRHQ
HVWHSXQWR(QFHQGHUiFXDQGRHOWHPSRUL]DGRU
KD\DVLGRDFWLYDGR3DUSDGHDUDGHQXHYRFXDQGR
HOWLHPSRKD\DWHUPLQDGRKDVWDTXHHOFRQWUROVHD
UHSURJUDPDGR
7HFOD&/2&.
3DUDSURJUDPDUHOUHORMSUHVLRQHHVWD7HFODGRV
YHFHV\GHVSXHVSUHVLRQHODVWHFODV´µR´´/D
KRUDGHOGtDSDUSDGHDUDHQODSDQWDOODFXDQGRHO
KRUQRHVHQFHQGLGRSRUSULPHUDYH]
&DUDFWHULVWLFDV\DMXVWHVGHOFRQWUROGHKRUQRUHORM\WHPSRUL]DGRU
7HFOD67$577,0(212))HQDOJXQRV
PRGHORV
8VHDORQJZLWKWKH&22.,1*7,0(212))RU
6(/)&/($1SDGVWRVHWWKHRYHQWRVWDUWDQG
VWRSDXWRPDWLFDOO\DWDWLPH\RXVHW
/X]6WDUW7LPH
3DUSDGHDUDPLHQWUDVHVWHHQODIXQFLRQGH
HGLFLRQ³XVWHQSXHGHFDPELDUHOWLHPSRGHLQLFLR
HQHVWHSXQWR(QFLHQGHFXDQGRODIXQFLRQKDVLGR
DFWLYDGD
7HFOD&22.,1*7,0(212))HQDJXQRV
PRGHORV
UHVLRQHHVWDWHFOD\GHVSXpVWRTXHODVWHFODV
3
R²SDUDVHOHFFLRQDUODFDQWLGDGGHWLHPSR
TXHTXLHUHFRFLQDUVXFRPLGD(OKRUQRVH
DSDJDUDFXDQGRHOWLHPSRGHFRFLQDGRVHKD\D
WHUPLQDGR
/X]&22.,1*7,0(
7HFOD6(/)&/($1HQDJXQRVPRGHORV
3UHVLRQHHVWDWHFODSDUDVHOHFFLRQDUODIXQFLRQGH
DXWROLPSLH]D9HDODVHFFLRQGHDXWROLPSLH]DGHO
KRUQR
/X]&/($1
3DUSDGHDPLHQWUDVHVWDHQPRGRHGLFLyQ³XVWHG
SXHGHFDPELDUODGXUDFLyQGHOWLHPSRGHOFLFORGH
DXWROLPSLH]DHQHVWHSXQWR(QFHQGHUiFXDQGR
'HVSXHVGHOFLFORGHDXWROLPSLH]DODOX]VHDSDJDUD
GHVHQJDQFKHODSXHUWD
7HFOD&/($52))
3UHVLRQHHVWDWHFODSDUDFDQFHODUWRGDV
ODVRSHUDFLRQHVGHKRUQRH[FHSWRHOUHORM\
WHPSRUL]DGRU
7HFOD%52,/+,/2
73UHVLRQHHVWDWHFODSDUDVHOHFFLRQDUODIXQFLyQ
GHDVDGRU
3DUSDGHDPLHQWUDVHVWDHQPRGRGHHGLFLyQ³
8VWHGSXHGHFDPELDUHOWLHPSRVHOHFFLRQDGR
HQHVWHSXQWR(QFHQGHUiFXDQGRKD\DVLGR
DFWLYDGRSDUSDGHDGHQXHYRFXDQGRHOWLHPSRKD\
WHUPLQDGRKDVWDTXHHOFRQWUROVHDUHSURJUDPDGR
/X]%52,/
/X]$8720$7,&29(1HQDJXQRVPRGHORV
/ XFHVLQGLFDGRUDVHQDOJXQDVWHFODV
(OPRGRGHHGLFLyQGXUDYDULRVVHJXQGRVGHVSXpV
GHSUHVLRQDUOD~OWLPDWHFOD6RORODVWHFODV67$57
7,0(212))\&22.,1*7,0(212))VHUiQ
ODV~QLFDVWHFODVHQFHQGLGDVVLDOJXQDGHHVWDV
RSFLRQHVHVVHOHFFLRQDGD(MHPSOR67$577,0(
HVVHOHFFLRQDGDFRQ%$.(ODWHFODGH67$57
7,0(SHUPDQHFHUiHQFHQGLGDKDVWDTXHHOUHORM
OOHJXHDOWLHPSRSURJUDPDGRPRPHQWRHQHO
TXHVHDSDJDUD\HQFHQGHUiODWHFOD%$.(7(03
5(&$//
(QFHQGHUDFDGDYH]TXHHOKRUQRVHD
SURJUDPDGRXVDQGRODVIXQFLRQHVGH&22.,1*
7,0(R67$577,0(
7HFOD29(1/,*+7212))R
3UHVLRQHHVWDWHFKDOSDUDHQFHQGHURDSDJDU
ODOX]GHKRUQR
7HFOD²
7RTXHVEUHYHVDHVWDWHFODUHGXFLUiQHOWLHPSRR
WHPSHUDWXUDHQSHTXHxDVFDQWLGDGHV3UHVLRQH
\PDQWHQJDSUHVLRQDGDODWHFODSDUDUHGXFLUHO
WLHPSRRODWHPSHUDWXUDHQFDQWLGDGHVJUDQGHV
3DUSDGHDPLHQWUDVHVWDHQPRGRHGLFLyQ³XVWHG
SXHGHFDPELDUGHDVDGRUDOWRDEDMRHQHVWHSXQWR
(QFLHQGHFXDQGRHOKRUQRHVWiHQIXQFLyQGH
DVDGRU
7HFOD
6EUHYHVDHVWDWHFODLQFUHPHQWDUiQHOWLHPSRR
WHPSHUDWXUDHQSHTXHxDVFDQWLGDGHV3UHVLRQH\
PDQWHQJDSUHVLRQDGDODWHFODSDUDLQFUHPHQWDU
HOWLHPSRRODWHPSHUDWXUDHQFDQWLGDGHV
JUDQGHV
&yPRXVDUHOKRUQR
&ORFNDQG.LWFKHQ7LPHURQVRPHPRGHOV
.,7&+(17,0(5212))3DG
7RXFKWKLVSDGWRVHOHFWWKHWLPHUIHDWXUH
&/2&.3DG
7RXFKWKLVSDGEHIRUHVHWWLQJWKHFORFN
'LVSOD\
6KRZVWKHWLPHRIGD\DQGWKHWLPHVHWIRUWKHWLPHUFRRNWLPHRUVWDUWWLPH
6(73DGV
$SSHDUDQFHPD\YDU\
7KHVHSDGVDOORZ\RXWRVHWWKHFORFNDQGWLPHU
OVEN
OFF
2YHQ7HPSHUDWXUH.QRERQVRPHPRGHOV
TEMP
0
20
AN
CLE
300 3
50
250
7XUQWKLVNQREWRWKHVHWWLQJ\RXZDQW
7KHRYHQF\FOLQJOLJKWFRPHVRQGXULQJFRRNLQJ
40
0
0
45
BROIL
500
$QWHVGHFRPHQ]DU«
3DUDHYLWDUSRVLEOHVTXHPDGXUDVFRORTXH
ODVEDQGHMDVHQODSRVLFLyQGHVHDGDDQWHV
GHHQFHQGHUHOKRUQR
(OKRUQRWLHQHSRVLFLRQHV
WDPELHQFXHQWDFRQXQDSRVLFLRQ
HVSHFLDOGHSDUULOODLQIHULRU5SDUD
DUWLFXORVH[WUDJUDQGHVWDOHVFRPR
XQSDYRJUDQGH
/DVSDUULOODVSRVHHQEORTXHDGRUHVGHPRGR
TXHDOVHUFRORFDGDVFRUUHFWDPHQWHVREUH
ORVVRSRUWHVGH$D(VHGHWHQGUDQDQWHVGH
VDOLUVHFRPSOHWDPHQWH\QRVHLQFOLQDUDQ
$OFRORFDU\UHWLUDUXWHQVLOLRVGHFRFLQDMDOHOD
SDUULOODKDFLDDIXHUDGHOWRSHVREUHHOVRSRUWH
GHOHVWDQWH
3DUDTXLWDUXQDEDQGHMDWLUHGHHOODLQFOLQHHO
H[WUHPRIURQWDOKDFLDDUULED\ViTXHOD
3DUDYROYHUDFRORFDUODGHSRVLWHHOH[WUHPR
GHODEDQGHMDWRSHVGHGHWHQFLyQVREUHHO
VRSRUWHLQFOLQHHOIUHQWHKDFLDDUULED\SUHVLRQH
ODEDQGHMDKDFLDDGHQWUR
127(7KHUDFNLVQRWGHVLJQHGWRVOLGHRXWDW
WKHVSHFLDOORZUDFN5SRVLWLRQ
&yPRFRQILJXUDUHOKRUQRSDUDKRUQHDGRRURVWL]DGR
(QPRGHORVVLQXQDSHULOODGHKRUQR
3UHVLRQHHOERWyQ%$.(KRUQHDU
7RTXHORVSDGVRKDVWDTXHOD
WHPSHUDWXUDGHVHDGDVHDPRVWUDGD
3UHVLRQHHOERWyQ67$5721LQLFLDUHQFHQGHU
(OKRUQRWLHQHXQDSRVLFLRQ
HVSHFLDOGHSDUULOODLQIHULRU5
MXVWRVREUHHOSLVRGHKRUQRXVHOR
FXDQGRQHFHVLWHHVSDFLRH[WUD
GHFRFLQDGRSRUHMHPSORFXDQGR
FRFLQHXQSDYRJUDQGHODSDUULOOD
QRHVWDGLVHxDGDSDUDGHVOL]DUVH
HQHVWDSRVLFLRQ
(OKRUQRVHLQLFLDUiDXWRPiWLFDPHQWH
/DSDQWDOODPRVWUDUD35(GXUDQWHHO
SUHFDOHQWDPLHQWR&XDQGRHOKRUQRDOFDQ]DOD
WHPSHUDWXUDVHOHFFLRQDGDHOFRQWUROGHOKRUQR
HPLWLUiYDULRVSLWLGRV\ODSDQWDOODPRVWUDUiOD
WHPSHUDWXUDGHOKRUQR
3DUDFDPELDUODWHPSHUDWXUDGHOKRUQRGXUDQWHHO
FLFOR%$.(KRUQHDUSUHVLRQHHOERWyQ%$.(
\OXHJRODVDOPRKDGLOODVR²SDUDFRQILJXUDUOD
QXHYDWHPSHUDWXUD
9HULILTXHHOQLYHOGHFRFFLyQGHORVDOLPHQWRV
FXDQGRKD\DDOFDQ]DGRHOWLHPSRPtQLPR
LQGLFDGRHQODUHFHWD&RFtQHORVPiVVLIXHVH
QHFHVDULR
3UHVLRQHHOERWyQ&/($52))ERUUDUDSDJDGR
FXDQGRVHKD\DILQDOL]DGRHOKRUQHDGR\OXHJR
TXLWHORVDOLPHQWRVGHOKRUQR
7\SHRI)RRG
5DFN3RVLWLRQ
)UR]HQSLHVRQFRRNLHVKHHW
&
$QJHOIRRGFDNH
EXQGWRUSRXQGFDNHV
%
%LVFXLWVPXIILQVEURZQLHV
FRRNLHVFXSFDNHV
OD\HUFDNHVSLHV
%RU&
&DVVHUROHV
%RU&
7XUNH\
5RU$
5RDVWLQJ
5$RU%
*($SSOLDQFHVFRP
£(OWLSRGHPDUJDULQDXWLOL]DGRPRGLILFDHOKRUQHDGR
/DPD\RUtDGHODVUHFHWDVGHKRUQHDGR
LQFOX\HQSURGXFWRVGHDOWRFRQWHQLGRJUDVR
WDOHVFRPRODPDQWHFDRODPDUJDULQD
GHJUDVD6LVHUHGXFHHOFRQWHQLGRGH
JUDVDHOUHVXOWDGRILQDOSXHGHVHUGLIHUHQWH
DOHVSHUDGR
/DVQRUPDVIHGHUDOHVH[LJHQTXHORVSURGXFWRV
FRQGHQRPLQDFLyQGH´PDUJDULQDµWHQJDQXQ
FRQWHQLGRJUDVRGHDOPHQRVHQUHODFLyQ
DOSHVR/RVSURGXFWRVGHEDMRFRQWHQLGR
JUDVRFRQWLHQHQPHQRVJUDVD\PiVDJXD
(OHOHYDGRFRQWHQLGRGHKXPHGDGGHHVWRV
SURGXFWRVDIHFWDODWH[WXUD\HOVDERUGHORV
6LVHXWLOL]DQSURGXFWRVGHEDMRFRQWHQLGR DOLPHQWRVKRUQHDGRV3DUDREWHQHUORVPHMRUHV
JUDVRHQWRUWDVSDVWHOHVPDVDVJDOOHWDVR UHVXOWDGRVFRQVXVUHFHWDVWUDGLFLRQDOHV
GXOFHVODUHFHWDSXHGHIUDFDVDU$PHQRU IDYRULWDVXWLOLFHPDUJDULQDXRWURVSURGXFWRV
FRQWHQLGRJUDVRPD\RUHVGLIHUHQFLDVHQHO FRQXQFRQWHQLGRGHSRUORPHQRVGH
DFHLWHYHJHWDO
UHVXOWDGRILQDO
3UHFDOHQWDPLHQWR\FRORFDFLyQGHUHFLSLHQWH
3UHKHDWWKHRYHQLIWKHUHFLSHFDOOVIRULW
7RSUHKHDWVHWWKHRYHQDWWKHFRUUHFW
WHPSHUDWXUH3UHKHDWLQJLVQHFHVVDU\IRUJRRG
UHVXOWVZKHQEDNLQJFDNHVFRRNLHVSDVWU\DQG
EUHDGV
2QVRPHPRGHOVWKHGLVSOD\ZLOOVKRZ´35(µ
ZKLOHSUHKHDWLQJ:KHQWKHRYHQUHDFKHVWKH
VHOHFWHGWHPSHUDWXUHWKHRYHQFRQWUROZLOOEHHS
DQGWKHGLVSOD\ZLOOVKRZWKHRYHQWHPSHUDWXUH
)RURYHQVZLWKRXWDSUHKHDWLQGLFDWRUOLJKWRU
WRQHSUHKHDWPLQXWHV
%DNLQJUHVXOWVZLOOEHEHWWHULIEDNLQJSDQVDUH
FHQWHUHGLQWKHRYHQDVPXFKDVSRVVLEOH3DQV
VKRXOGQRWWRXFKHDFKRWKHURUWKHZDOOVRIWKH
RYHQ,I\RXQHHGWRXVHWZRUDFNVVWDJJHUWKH
SDQVVRRQHLVQRWGLUHFWO\DERYHWKHRWKHUDQG
OHDYHDSSUR[LPDWHO\øµIURPWKHIURQWRIWKH
SDQWRWKHIURQWRIWKHUDFN
3DSHOGHDOXPLQLR
1RXVHSDSHOGHDOXPLQLRSDUDFXEULUHOIRQGR
GHOKRUQR(ODOXPLQLRDWUDSDUiHOFDORUHQOD
SDUWHLQIHULRU\DOWHUDUiHOIXQFLRQDPLHQWRGHO
KRUQR(ODOXPLQLRVHSXHGHGHUUHWLU\GDxDU
GHIRUPDSHUPDQHQWHHOIRQGRGHOKRUQR
&XDOTXLHUGDxRSRUXVRLQDGHFXDGRGHO
DOXPLQLRQRHVWDUiFXELHUWRSRUODJDUDQWtD
GHOSURGXFWR
(ODOXPLQLRVHSXHGHXVDUSDUDUHWHQHU
GHUUDPHVFRORFDQGRXQDKRMDHQHOHVWDQWH
LQIHULRUYDULDVSXOJDGDVSRUGHEDMRGH
ODFRPLGD1RXVHPiVDOXPLQLRTXHHO
QHFHVDULR\QXQFDFXEUDWRWDOPHQWHXQ
HVWDQWHGHOKRUQRFRQSDSHOGHDOXPLQLR
0DQWHQJDHODOXPLQLRSRUORPHQRVDXQD
SXOJDGD\PHGLDGHODVSDUHGHVGHOKRUQR
SDUDHYLWDUXQDPDODFLUFXODFLyQGHOFDORU
&RPRSUHSDUDUHOKRUQRSDUDDVDU
6LVXFRFLQDHVWDFRQHFWDGD
D9ORVELVWHFVYXHOWD
\YXHOWDVHSXHGHQDVDU
SUHFDOHQWDQGRHODVDGRU\
SRVLFLRQDQGRODSDUULOODGHO
KRUQRXQDSRVLFLRQPDV
DUULED
(QPRGHORVVLQXQDSHULOODGHWHPSHUDWXUD
GHKRUQR
&RORTXHODFDUQHRSHVFDGRVREUHXQD
SDUULOODSDUDDVDUVREUHXQDFKDURODSDUD
DVDU
&RORTXHODFDUQHRSHVFDGRVREUHXQD
SDUULOODSDUDDVDUVREUHXQDFKDURODSDUD
DVDU
'HMHODSXHUWDDELHUWDHQODSRVLFLyQGH
DVDGR/DSXHUWDSHUPDQHFHDELHUWDSRU
VLVROD\VHPDQWLHQHODWHPSHUDWXUD
DSURSLDGDHQHOKRUQR
8VHHOERWyQ/2%URLOSDUDFRFLQDU
DOLPHQWRVWDOHVFRPRSROORRFRUWHV
JUXHVRVGHFDUQHVLQGRUDUORVHQH[FHVR
3UHVLRQHHOERWRQ%52,/+,/RXQDYH]
SDUD+,%52,/
3DUDFDPELDUD/2%URLOSUHVLRQHHOERWRQ
%52,/+,/2GHQXHYR
7RTXHHOERWRQ67$5721
&XDQGRHODVDGRHVWpWHUPLQDGR
SUHVLRQHHOERWRQ&/($52))
2QPRGHOVZLWKDQRYHQWHPSHUDWXUHNQRE
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQ
DEURLOHUSDQ
)ROORZVXJJHVWHGUDFNSRVLWLRQVLQWKH
%URLOLQJ*XLGH
&ORVHWKHRYHQGRRU
7XUQWKH2YHQ7HPSHUDWXUH.QREWR
%52,/
:KHQEURLOLQJLVILQLVKHGWXUQWKH2YHQ
7HPSHUDWXUH.QREWR2))
&yPRXVDUHOKRUQR
(OWDPDxRSHVRJURVRU
WHPSHUDWXUDLQLFLDO\
HOSXQWRGHFRFFLyQSUHIHULGR
DIHFWDUiQORVWLHPSRV
GHDVDGR(VWDJXtDHVWi
EDVDGDHQFDUQHVD
WHPSHUDWXUDGHUHIULJHUDGRU
‚(O0LQLVWHULRGH$JULFXOWXUDGH
ORV((88DILUPD´ODFDUQHGH
UHVMXJRVDHVSRSXODUSHURGHEH
VDEHUVHTXHDOFRFLQDUODDVyOR
ƒ)ƒ&DOJXQRVRUJDQLVPRV
TXHSURYRFDQLQWR[LFDFLyQ
DOLPHQWDULDSXHGHQVREUHYLYLUµ
)XHQWH6DIH)RRG%RRN<RXU
.LWFKHQ*XLGH86'$5HY
-XQLR
*XtDGHDVDGR
$OLPHQWR
&DUQHGHUHV
1LYHOGH
FRFFLyQ
&RPHQWDULRV
)LOHWHV²*URVRUGH
sFP
(R)ORVDOLPHQWRV
GHEHQHVWDUsDs
>FPDFP@GHO
HOHPHQWRGHDVDGR
$SXQWR
ƒ)ƒ&
)LOHWHVsDs
FPDFPGH
JURVRUHOHPHQWRGH
DVDGR
(ORVDOLPHQWRV
GHEHQHVWDUGHs
Ds>FPD
FP@GHO
%LHQFRFLGD
ƒ)ƒ&
)LOHWHV²sDs
FPDFPGH
JURVRURSDWWLHVGH
FDUQHSLFDGD
'R(ORVDOLPHQWRV
GHEHQHVWDUGHs
Ds>FPD
FP@GHOHOHPHQWRGH
DVDGR
3HFKXJDVLQKXHVR
&ORVDOLPHQWRV
GHEHHVWDUGHsD
s>FPD
FP@GHOHOHPHQWRGH
DVDGR
3HFKXJDFRQ
KXHVR
&ORVDOLPHQWRV
GHEHQHVWDUGHs
Ds>FPD
FP@GHOHOHPHQWRGH
DVDGR
sDsFPD
FPGHJURVRU
'R(ORVDOLPHQWRV
GHEHQHVWDUsDs
>FPDFP@
GHOHOHPHQWRGH
DVDGR
0DQLSXOH\JLUHFRQPXFKRFXLGDGR
sFPGH
JURVRU
'ORVDOLPHQWRV
GHEHQHVWDUGHsD
s>FPD
FP@GHOHOHPHQWRGH
DVDGR
3DUDHYLWDUTXHODFDUQDVHHQURVTXH
FRUWHODJUDVDDLQWHUYDORVGHs
FP
3ROOR
&KXOHWDVGH
FHUGR
3RVLFLyQGHOD
EDQGHMD
-XJRVD
ƒ)ƒ&
)LOHWHVGH
SHVFDGR
7KHRYHQKDVUDFNSRVLWLRQV
7LSRRJURVRU
%LHQFRFLGD
ƒ)ƒ&
(VGLItFLOFRFLQDUILOHWHVGHPHQRVGH
ODsFPGHJURVRU\TXHTXHGHQ
MXJRVRV6HFRFLQDQSRUFRPSOHWR
DQWHVGHGRUDUVH
3DUDHYLWDUTXHODFDUQDVH
HQURVTXHFRUWHODJUDVDDLQWHUYDORV
GHsFP
$VDUVREUHHOODGRGHODSLHOSULPHUR
8WLOLFHODSRVLFLyQGHEDQGHMD$SDUDHOKRUQRPiVSHTXHxRFRQSRVLFLyQGHEDQGHMDV
8VRGHOUHORM\GHOWHPSRUL]DGRUHQDOJXQRVPRGHORV
*($SSOLDQFHVFRP
3DUD&RQILJXUDUHO5HORM
(OUHORMVHGHEHUiFRQILJXUDUHQODKRUDFRUUHFWD
GHOGtDSDUDTXHODVIXQFLRQHVDXWRPiWLFDVGHO
WHPSRUL]DGRUGHOKRUQRIXQFLRQHQGHIRUPD
DGHFXDGD/DKRUDGHOGtDQRVHSXHGHFDPELDU
GXUDQWHXQDFRFFLyQGHPRUDGDRGXUDQWHHO
FLFORGHDXWROLPSLH]D
3UHVLRQHODWHFOD&ORFN5HORMGRVYHFHV
3DUDPRGHORVVLQODWHFOD&ORFN5HORM
0DQWHQJDSUHVLRQDGDVODVWHFODV\²SRU
VHJXQGRV
3UHVLRQHODVWHFODVR
6LODVWHFODVRQRVHSUHVLRQDQGHQWURGHXQ
PLQXWROXHJRGHO3DVRODSDQWDOODYXHOYHDOD
FRQILJXUDFLyQRULJLQDO6LHVWRVXFHGHUHSLWDHO
3DVR\YXHOYDDLQJUHVDUODKRUDGHOGtD
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU
(QFHQGHUKDVWDTXHODKRUDGHOGtD
DSDUH]FDHQODSDQWDOOD(VWRLQJUHVDOD
KRUDHLQLFLDHOUHORM
3DUDFRQWURODUODKRUDGHOGtDFXDQGRODSDQWDOOD
PXHVWUDRWUDLQIRUPDFLyQVLPSOHPHQWH
SUHVLRQHODWHFOD&ORFN5HORM/DKRUDGHOGtD
DSDUHFHKDVWDTXHRWUDWHFODHVSUHVLRQDGD
3DUDDSDJDUODSDQWDOODGHOUHORM
6LFXHQWDFRQYDULRVUHORMHVHQVXFRFLQDHV
SRVLEOHTXHGHVHHDSDJDUODSDQWDOODFRQOD
KRUDGHOGLDHQVXFRFLQD
3UHVLRQHODWHFOD&/2&.GRVYHFHVSDUD
UHJUHVDUDODSDQWDOODGHOUHORM
3UHVLRQHODWHFOD&/2&.XQDYH]SDUD
DSDJDUODSDQWDOODGHODKRUDGHOGtD
$XQTXHQRODSRGUDYHUHOUHORMPDQWLHQH
ODKRUDFRUUHFWDGHOGLD
3DUD&RQILJXUDUHO7HPSRUL]DGRU
R
or
(OWHPSRUL]DGRUQRFRQWURODODVRSHUDFLRQHV
GHOKRUQR/DFRQILJXUDFLyQPi[LPDGHO
WHPSRUL]DGRUHVKRUDV\PLQXWRV
6LFRPHWHXQHUURUSUHVLRQHODWHFOD.LWFKHQ
7LPHU2Q2II(QFHQGLGR$SDJDGRGHO
7HPSRUL]DGRUGH&RFLQD\YXHOYDDFRPHQ]DU
3UHVLRQHODWHFOD.LWFKHQ7LPHU2Q2II
(QFHQGLGR$SDJDGRGHO7HPSRUL]DGRU
GH&RFLQD
/DIXQFLyQGHWHPSRUL]DGRUVyOR
FXHQWDSRUPLQXWRV/DIXQFLyQ
&OHDU2II%RUUDU$SDJDUQR
DIHFWDHOWHPSRUL]DGRU
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU
(QFHQGHU(OWLHPSRFRPHQ]DUiODFXHQWD
UHJUHVLYDDXQTXHODSDQWDOODQRFDPELH
KDVWDTXHKD\DSDVDGRXQPLQXWR
3UHVLRQHODVWHFODVRKDVWDTXHOD
FDQWLGDGGHWLHPSRTXHGHVHHDSDUH]FD
HQODSDQWDOOD(OWLHPSRPi[LPRTXHVH
SXHGHLQJUHVDUHQPLQXWRVHV/RV
WLHPSRVVXSHULRUHVDPLQXWRVVH
GHEHUtDQFDPELDUDKRUDV\PLQXWRV
&XDQGRHOFRQWDGRUOOHJXHDHOFRQWURO
HPLWLUiSLWLGRVVHJXLGRVSRUXQSLWLGR
FDGDVHJXQGRVKDVWDTXHVHSUHVLRQHOD
WHFOD.LWFKHQ7LPHU2Q2II(QFHQGLGR
$SDJDGRGHO7HPSRUL]DGRUGH&RFLQD
8VRGHOUHORM\GHOWHPSRUL]DGRUHQDOJXQRVPRGHORV
1RWRGDVODVIXQFLRQHVFRUUHVSRQGHQDWRGRVORVPRGHORV
3DUD5HLQLFLDUHO7HPSRUL]DGRU
6LODSDQWDOODD~QPXHVWUDHOWLHPSRUHVWDQWH
ODSXHGHFDPELDUSUHVLRQDQGRODWHFOD.LWFKHQ
7LPHU2Q2II(QFHQGLGR$SDJDGRGHO
7HPSRUL]DGRUGH&RFLQD\OXHJRSUHVLRQDQGR
ODVWHFODVQXPpULFDVKDVWDTXHHOWLHPSRTXH
GHVHDDSDUH]FDHQODSDQWDOOD
6LHOWLHPSRUHVWDQWHQRVHHQFXHQWUDHQOD
SDQWDOODUHORMKRUDGHLQLFLRRWLHPSRGH
FRFFLyQDSDUHFHQHQODSDQWDOODUHFXHUGHHO
WLHPSRUHVWDQWHSUHVLRQDQGRODWHFOD.LWFKHQ
7LPHU2Q2II(QFHQGLGR$SDJDGRGHO
7HPSRUL]DGRUGH&RFLQD\OXHJRSUHVLRQDQGR
ODVWHFODVRSDUDLQJUHVDUHOQXHYRWLHPSR
TXHGHVHH
3DUD&DQFHODUHO7HPSRUL]DGRU
3UHVLRQHODWHFOD.LWFKHQ7LPHU2Q2II
(QFHQGLGR$SDJDGRGHO7HPSRUL]DGRUGH
&RFLQDGRVYHFHV
7RQRVGHILQDOGHFLFORHQDOJXQRVPRGHORV
(OLPLQHORVWRQRVSUHVLRQDQGRODWHFODGHOD
IXQFLRQTXHHVWHXVDQGR
or
R
R
or
,QWHUUXSFLRQGHOVXPLQLVWURHOHFWULFR
6LHOODKRUDHVWDSDUSDGHDQGRHQODSDQWDOOD
XQDIDOODHQHOVXPLVWURHOHFWULFRDRFXUULGR
UHSURJUDPHHOUHORM
3DUDUHSURJUDPDUHOUHORMSUHVLRQHODWHFOD
&/2&.GRVYHFHV6HOHFFLRQHODKRUDFRUUHFWD
GHOGLDSUHVLRQDQGRODVWHFODVRSUHVLRQH
ODWHFOD67$5721
&yPRXWLOL]DUODVFDUDFWHUtVWLFDVGHKRUQHDGR
\URVWL]DGRFRQWHPSRUL]DGRUHQDOJXQRVPRGHORV
*($SSOLDQFHVFRP
1REORTXHHODSXHUWDGHOKRUQRFRQHOFHUURMRGXUDQWHODFRFFLyQSRUWLHPSRHOFHUURMRVRORHVXVDGRHQHOFLFORGHDXWROLPSLH]D
127$/RVDOLPHQWRVTXHVHHFKDQDSHUGHUFRQIDFLOLGDG³FRPROHFKHKXHYRVSHVFDGRUHOOHQRVFDUQHGHDYH\FHUGR³QRGHEHQGHMDUVH
UHSRVDUSRUPiVGHKRUDDQWHV\GHVSXpVGHODFRFFLyQ/DWHPSHUDWXUDDPELHQWHSURPXHYHHOFUHFLPLHQWRGHEDFWHULDVGDxLQDV
9HULILTXHTXHODOX]GHOKRUQRHVWpDSDJDGDSRUTXHHOFDORUSURYHQLHQWHGHODERPELOODSXHGHDFHOHUDUHOFUHFLPLHQWRGHEDFWHULDV
&yPR&RQILJXUDUXQ,QLFLR,QPHGLDWR\'HWHQFLyQ$XWRPiWLFD
(OKRUQRVXSHULRUVHHQFHQGHUiGHIRUPD
LQPHGLDWD\VHFRFLQDUiSRUXQSHUtRGR
GHWLHPSRVHOHFFLRQDGR$OILQDOGHO
WLHPSRGHFRFFLyQHOKRUQRVHDSDJDUi
DXWRPiWLFDPHQWH
7HPSHUDWXUDGH+RUQHDGRDSDUHFHUiHQ
FDPELRODWHPSHUDWXUDGHOKRUQR
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU
(QFHQGHU
3UHVLRQHODWHFOD%DNH+RUQHDU
/DSDQWDOODPXHVWUDODWHPSHUDWXUDGHOKRUQR
TXHFRQILJXUyRODFXHQWDUHJUHVLYDGHOD
3UHVLRQHODVWHFODVRSDUDSURJUDPDU
FRFFLyQSRUWLHPSR/DSDQWDOODFRPLHQ]DFRQ
ODWHPSHUDWXUDGHOKRUQR
3U(VLVHHVWiPRVWUDQGRODWHPSHUDWXUDGHO
3UHVLRQHODWHFOD&RRNLQJ7LPH7LHPSRGH KRUQR
&RFFLyQ
(OKRUQRFRQWLQXDUiFRFLQDQGRGXUDQWHOD
FDQWLGDGGHWLHPSRSURJUDPDGD\OXHJRGH
127$6LVXUHFHWDUHTXLHUHFDOHQWDUHQIRUPD
DSDJDUiGHIRUPDDXWRPiWLFD
SUHYLDHVSRVLEOHTXHQHFHVLWHWLHPSRDGLFLRQDO
VREUHHOWLHPSRGHFRFFLyQ
3UHVLRQHODWHFOD&OHDU2II%RUUDU
$SDJDUSDUDFDQFHODUVLHVQHFHVDULR
3UHVLRQHODVWHFODVRSDUDSURJUDPDUHO
WLHPSRGHKRUQHDGR
5HWLUHODFRPLGDGHOKRUQR5HFXHUGHTXH
DXQTXHHOKRUQRVHDSDJXHGHIRUPD
$SDUHFHUiHOWLHPSRGHFRFFLyQTXHLQJUHVy6L
DXWRPiWLFDODVFRPLGDVFRQWLQ~DQ
VHOHFFLRQD&RRNLQJ7LPH&RFFLyQSRU7LHPSR
FRFLQiQGRVHXQDYH]TXHORVFRQWUROHVHVWpQ
SULPHUR\OXHJRDMXVWD%DNH7HPSHUDWXUH
DSDJDGRV
&yPR&RQILJXUDUXQ,QLFLR5HWUDVDGR\'HWHQFLyQ$XWRPiWLFD
(OKRUQRVHHQFHQGHUiHQHOKRUDULRGHOGtD
TXHFRQILJXUHFRFLQDUiGXUDQWHXQSHUtRGR
GHWLHPSRHVSHFtILFR\OXHJRVHDSDJDUi
DXWRPiWLFDPHQWH
$VHJ~UHVHTXHHOUHORMPDUTXHODKRUDFRUUHFWD
GHOGtD
3UHVLRQHODWHFOD%DNH+RUQHDU
3UHVLRQHODVWHFODVRSDUDSURJUDPDU
ODWHPSHUDWXUDGHOKRUQR
127$8QWRQRGHDWHQFLyQVRQDUiVLHVWi
XVDQGRHOKRUQHDGRSRUWLHPSR\QRVH
SUHVLRQDODWHFOD6WDUW2Q,QLFLDU(QFHQGHU
127$6LGHVHDFRQWURODUORVKRUDULRV
FRQILJXUDGRVSUHVLRQHODWHFOD6WDUW7LPH
+RUDGH,QLFLRR'HOD\6WDUW,QLFLR5HWUDVDGR
SDUDFRQWURODUODKRUDGHLQLFLRTXHFRQILJXUy
RSUHVLRQHODWHFOD&RRNLQJ7LPH7LHPSRGH
&RFFLyQSDUDFRQWURODUHOSHUtRGRGHWLHPSR
GHFRFFLyQTXHSURJUDPy
3UHVLRQHODWHFOD&RRNLQJ7LPH7LHPSRGH &XDQGRHOKRUQRVHHQFLHQGDHQODKRUDGHOGtD
TXHFRQILJXUyODSDQWDOODPRVWUDUi3U(KDVWD
&RFFLyQ
TXHDOFDQFHODWHPSHUDWXUDVHOHFFLRQDGD\
3UHVLRQHODVWHFODVR²SDUDFRQILJXUDUOD
OXHJRPRVWUDUiODWHPSHUDWXUDGHOKRUQR
FDQWLGDGGHWLHPSRGHFRFFLyQGHVHDGR
$OILQDOL]DUHOWLHPSRGHFRFFLyQHOKRUQRVH
3UHVLRQHODWHFOD6WDUW7LPH+RUDGH
DSDJDUi\VHHVFXFKDUiHOWRQRGHOILQDOGHO
,QLFLRR'HOD\6WDUW,QLFLR'HPRUDGR
FLFOR
3UHVLRQHODVWHFODVR²SDUDFRQILJXUDUOD
3UHVLRQHODWHFOD&OHDU2II%RUUDU
KRUDGHOGtDHQTXHGHVHDTXHHOKRUQRVH
$SDJDUSDUDFDQFHODUVLHVQHFHVDULR
HQFLHQGDHLQLFLHODFRFFLyQ
5HWLUHODFRPLGDGHOKRUQR5HFXHUGHTXH
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU
DXQTXHHOKRUQRVHDSDJXHGHIRUPD
(QFHQGHU
DXWRPiWLFDODVFRPLGDVFRQWLQ~DQ
FRFLQiQGRVHXQDYH]TXHORVFRQWUROHVHVWpQ
DSDJDGRV
&DUDFWHUtVWLFDVHVSHFLDOHVGHORVFRQWUROHVGHOKRUQR
/RVQXHYRVFRQWUROHVFRQERWRQHVGHWRTXHFXHQWDQFRQFDUDFWHUtVWLFDVDGLFLRQDOHV/DVVLJXLHQWHVVRQODVFDUDFWHUtVWLFDV
\ODPDQHUDHQTXHXVWHGSXHGHDFWLYDUODV
/RVPRGRVGHFDUDFWHUtVWLFDVHVSHFLDOHVVyORSXHGHQDFWLYDUVHPLHQWUDVODSDQWDOODPXHVWUDODKRUD6HFRQVHUYDQHQOD
PHPRULDGHORVFRQWUROHVKDVWDTXHVHUHSLWDQORVSDVRV
:KHQWKHGLVSOD\VKRZV\RXUFKRLFHWRXFKWKH67$5721SDG7KHVSHFLDOIHDWXUHVZLOOUHPDLQLQPHPRU\DIWHUDSRZHU
IDLOXUH
127(7KH6DEEDWKIHDWXUHDQGWKH7KHUPRVWDW$GMXVWPHQWIHDWXUHDUHDOVR6SHFLDO)HDWXUHVEXWWKH\DUHDGGUHVVHG
VHSDUDWHO\LQWKHIROORZLQJVHFWLRQV
$SDJDGROXHJRGHKRUDV
&RQHVWDRSFLyQHQFDVRGHGHMDUVHHOKRUQR
HQFHQGLGRDFFLGHQWDOPHQWHHOFRQWUROOR
DSDJDHQIRUPDDXWRPiWLFDOXHJRGHKRUDV
GXUDQWHIXQFLRQHVGHKRUQHDGRRGHVSXpVGH
KRUDVGXUDQWHODIXQFLyQGHDVDGR
6LGHVHDDSDJDU2))HVWDIXQFLyQVLJDORV
SDVRVVLJXLHQWHV
3UHVLRQHORVERWRQHV%52,/+,/2DVDU
DOWREDMR\%$.(KRUQHDUGHOKRUQR
VXSHULRUDOPLVPRWLHPSRKDVWDTXHHQOD
SDQWDOODSXHGDYHUVH6)
5HVLRQHODWHFOD&/2&.ODSDQWDOOD
PRVWUDUD21DSDJDGRHQKRUDV
SUHLRQHODWHFOD&/2&.UHSHWLGDPHQWH
KDVWDTXHODSDQWDOODPXHVWUH2))VLQ
$SDJDGR
3UHVLRQHHOERWyQ67$5721LQLFLDU
HQFHQGHUSDUDDFWLYDUODFDUDFWHUtVWLFDGH
QRDSDJDGR\GHMDUHOFRQWUROFRQILJXUDGR
HQHVWHPRGRGHFDUDFWHUtVWLFDV
HVSHFLDOHV
&yPRXVDUODIXQFLyQ6DEEDWKHQDOJXQRVPRGHORV
'LVHxDGDSDUDXWLOL]DUVHGXUDQWHHO6DEEDWKXRWUDV)LHVWDV-XGtDV
*($SSOLDQFHVFRP
/DIXQFLyQ6DEEDWKVRODPHQWHSXHGHXWLOL]DUVHSDUDKRUQHDUURVWL]DU1RHVSRVLEOHXWLOL]DUODSDUDDVDGRDXWROLPSLH]DRFRFFLyQFRQLQLFLR
UHWDUGDGR
127$/DOX]LQWHULRUGHOKRUQRVHHQFLHQGHDXWRPiWLFDPHQWHHQDOJXQRVPRGHORVFXDQGRVHDEUHODSXHUWD\VHDSDJDFXDQGRVHODFLHUUD3XHGH
TXLWDUVHODERPELOODGHOX]9HUODVHFFLyQGH5HHPSOD]RGHERPELOODGHOX](QORVPRGHORVFRQLQWHUUXSWRUGHOX]HQHOSDQHOGHFRQWUROODOX]GHO
KRUQRSXHGHHQFHQGHUVH\GHMDUVHDVt
&RPRFRQILJXUDUHOPRGR6DEiWLFRSDUDXQKRUQHDGRUHJXODU
&XDQGRODSDQWDOODPXHVWUDŠ
HOKRUQRHVWiFRQILJXUDGRSDUD
6DEEDWK&XDQGRODSDQWDOOD
PXHVWUDŠHOKRUQRHVWi
KRUQHDQGRURVWL]DQGR
$VHJ~UHVHGHTXHHOUHORMPXHVWUHODKRUD
FRUUHFWD\TXHHOKRUQRHVWpDSDJDGR
3UHVLRQH\VRVWHQJDORVERWRQHV%$.(
KRUQHDU\%52,/+,/2DVDUDOWREDMRDO
PLVPRWLHPSRKDVWDTXHHQODSDQWDOOD
SXHGDYHUVH6)
3UHVLRQHODWHFOD&/2&.KDVWDTXH
DSDUH]FD6$EHQODSDQWDOOD
3UHVLRQHHOERWyQ67$5721LQLFLDU
HQFHQGHU\ŠDSDUHFHUiHQODSDQWDOOD(O
KRUQRVHHQFXHQWUDDKRUDHQHOPRGR
6DEiWLFR
3UHVLRQHHOERWyQ%$.(KRUQHDU1RVH
GDUiXQDVHxDO
/DWHPSHUDWXUDGHLQLFLRSUHFRQILJXUDGD
VHDMXVWDUiDXWRPiWLFDPHQWHHQƒ
WRTXHODVWHFODVRSDUDLQFUHPHQWDUL
UHGXFLUODWHPSHUDWXUDSRULQFUHPHQWRVGH
ƒ/DWHPSHUDWXUDVHSXHGHFRQILJXUDU
HQWUHƒ\ƒ1RVHGDUiQLQJXQD
VHxDOQLWHPSHUDWXUD
3UHVLRQHHOERWyQ67$5721LQLFLDU
HQFHQGHUHQHOKRUQRFRUUHVSRQGLHQWH
'HVSXpVGHXQSHUtRGRDOHDWRULRGH
DSUR[LPDGDPHQWHVHJXQGRVDPLQXWR
ŠDSDUHFHUiHQODSDQWDOODLQGLFDQGR
TXHHOKRUQRHVWiKRUQHDQGRURVWL]DQGR6L
ŠQRDSDUHFHHQODSDQWDOODFRPLHQFH
GHQXHYRHQHOSDVR
3DUDDMXVWDUODWHPSHUDWXUDGHOKRUQR
SUHVLRQHHOERWyQ%$.(KRUQHDULQJUHVHOD
QXHYDWHPSHUDWXUDXVDQGRODVDOPRKDGLOODV
QXPpULFDV\SUHVLRQHHOERWyQ67$5721
LQLFLDUHQFHQGHU
127$/RVERWRQHV&/($52))ERUUDU
DSDJDGR\&22.7,0(WLHPSRGHFRFFLyQVH
HQFXHQWUDQDFWLYRVGXUDQWHODIXQFLyQ6DEEDWK
&yPR&RQILJXUDUOD)XQFLyQ0RGR6DEiWLFRSDUDXQ+RUQHDGRSRU7LHPSR²&RPLHQ]R
,QPHGLDWR\'HWHQFLyQ$XWRPiWLFD
127$ 3DUD HQWHQGHU FyPR IXQFLRQD HO FRQWURO GHO
KRUQR XWLOLFH HO ,PPHGLDWH 6WDUW ,QLFLR ,QPHGLDWR
\ $XWRPDWLF 6WRS 'HWHQFLyQ $XWRPiWLFD UHJXODUHV
VLQPRGRVDEiWLFRDQWHVGHLQJUHVDU6DEEDWK0RGR
6DEiWLFR
$VHJ~UHVHTXHHOUHORMPDUTXHODKRUDFRUUHFWDGHOGtD
\TXHHOKRUQRHVWpDSDJDGR
3UHVLRQHODVWHFODV%DNHDQG%URLO+L/R+RUQHDU
\$VDUHQ$OWR%DMRDOPLVPRWLHPSRKDVWDTXH
ODSDQWDOODPXHVWUH6)
7RTXH OD WHFOD &ORFN 5HORM R OD WHFOD &RRNLQJ
7LPH 7LHPSR GH &RFFLyQ SDUD PRGHORV VLQ OD
WHFOD&ORFN5HORMKDVWDTXHDSDUH]FD6$EHQOD
SDQWDOOD
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU(QFHQGHU\Š
DSDUHFHUiHQODSDQWDOOD
3UHVLRQH OD WHFOD &RRNLQJ 7LPH 7LHPSR GH
&RFFLyQ
&XDQGRODSDQWDOODPXHVWUDŠ
HOKRUQRHVWiFRQILJXUDGRSDUD
6DEEDWK&XDQGRODSDQWDOOD
PXHVWUDŠHOKRUQRHVWi
KRUQHDQGRURVWL]DQGR
3UHVLRQHODVWHFODVQXPpULFDVSDUDFRQILJXUDUHO
WLHPSRGHFRFFLyQGHVHDGRHQWUHPLQXWR\
KRUDV \ PLQXWRV $SDUHFHUi HO WLHPSR GH
FRFFLyQTXHLQJUHVy
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU(QFHQGHU
3UHVLRQH OD WHFOD %DNH +RUQHDU 1R VH GDUi
QLQJXQDVHxDO
/D WHPSHUDWXUD GH LQLFLR SUHFRQILJXUDGD VH
DMXVWDUi DXWRPiWLFDPHQWH HQ ž 7RTXH ODV
WHFODV R ² SDUD LQFUHPHQWDU R UHGXFLU OD
WHPSHUDWXUD SRU LQFUHPHQWRV GH ž /D
WHPSHUDWXUD VH SXHGH FRQILJXUDU HQWUH ž \
ž1RVHGDUiQLQJXQDVHxDOQLWHPSHUDWXUD
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU(QFHQGHU
/XHJRGHXQSHUtRGRGHGHPRUDDOD]DUGHHQWUH
DSUR[LPDGDPHQWHVHJXQGRV\PLQXWRŠ
DSDUHFHUiHQODSDQWDOODLQGLFDQGRTXHHOKRUQR
HVWiKRUQHDQGRDVDQGR6LŠQRDSDUHFHHQOD
SDQWDOODFRPLHQFHQXHYDPHQWHHQHO3DVR
3DUD DMXVWDU OD WHPSHUDWXUD GHO KRUQR SUHVLRQH OD
WHFOD%DNH+RUQHDU\SUHVLRQHODVWHFODVR²SDUD
LQFUHPHQWDURUHGXFLUODWHPSHUDWXUDSRULQFUHPHQWRV
GHž3UHVLRQHODWHFOD6WDUW2Q,QLFLDU(QFHQGHU
&XDQGR OD FRFFLyQ KD\D ILQDOL]DGR OD SDQWDOOD
FDPELDUiGHŠDŠLQGLFDQGRTXHHOKRUQRHVWiHQ
2))$SDJDGRSHURD~QHVWiHQ6DEEDWK6DEiWLFR
5HWLUHODFRPLGDFRFLQDGD
&yPRXVDUODIXQFLyQ6DEEDWKHQDOJXQRVPRGHORV
'LVHxDGDSDUDXWLOL]DUVHGXUDQWHHO6DEEDWKXRWUDV)LHVWDV-XGtDV
&yPRGHVDFWLYDUODIXQFLyQ6DEEDWK
3UHVLRQHHOERWyQ&/($52))ERUUDU
DSDJDGR
6LHOKRUQRHVWiFRFLQDQGRHVSHUHXQ
SHUtRGRDOHDWRULRGHDSUR[LPDGDPHQWH
VHJXQGRVDPLQXWRKDVWDTXHVyORŠ
DSDUH]FDHQODSDQWDOOD
3UHVLRQH\VRVWHQJDORVERWRQHV%$.(
KRUQHDU\%52,/+,/2DVDUDOWREDMRDO
PLVPRWLHPSRKDVWDTXHHQODSDQWDOOD
SXHGDYHUVH6)
7DSWKH&/2&.SDGXQWLO21RU2))
DSSHDUVLQWKHGLVSOD\21LQGLFDWHVWKDW
WKHRYHQZLOODXWRPDWLFDOO\WXUQRIIDIWHU
KRXUV2))LQGLFDWHVWKDWWKHRYHQZLOO
QRWDXWRPDWLFDOO\WXUQRII6HHWKH6SHFLDO
)HDWXUHVVHFWLRQIRUDQH[SODQDWLRQRIWKH
+RXU6KXW2IIIHDWXUH
(OLMDVKGQLQGLFDQGRTXHHOKRUQRVH
DSDJDUiDXWRPiWLFDPHQWHGHVSXpVGH
KRUDVRQRVKGQLQGLFDQGRTXHHOKRUQR
QRVHDSDJDUiDXWRPiWLFDPHQWHGHVSXpV
GHKRUDV
7RXFKWKH67$5721SDG
127$(QFDVRGHFRUWHGHHQHUJtDFRQOD
IXQFLyQGH6DEEDWKDFWLYDGDGLFKDIXQFLyQVH
DSDJDUiDXWRPiWLFDPHQWHD~QFXDQGRYXHOYD
ODHQHUJtD(OFRQWUROGHOKRUQRGHEHYROYHUD
FRQILJXUDUVH
$MXVWHORVWHUPRVWDWRV£)iFLOGHUHDOL]DU
*($SSOLDQFHVFRP
(VSRVLEOHTXHVXQXHYRKRUQRFRFLQHGHPDQHUDGLIHUHQWHDODTXHXVWHGVHHQFXHQWUDDFRVWXPEUDGR8WLOtFHORGXUDQWH
DOJXQDVVHPDQDVSDUDIDPLOLDUL]DUVHFRQVXVIXQFLRQHV6LOXHJRGHHVWHSHUtRGRFRQVLGHUDTXHODWHPSHUDWXUDGHOKRUQR
HVGHPDVLDGREDMDRGHPDVLDGRDOWDXVWHGSXHGHUHJXODUHOWHUPRVWDWR
1RXWLOLFHWHUPyPHWURVFRPRORVTXHVHYHQGHQHQODVWLHQGDVSDUDYHULILFDUODFRQILJXUDFLyQGHWHPSHUDWXUDGHOKRUQR
(VRVWHUPyPHWURVSXHGHQYDULDUHQWUH²JUDGRV
127$(VWHDMXVWHVyORDIHFWDODVWHPSHUDWXUDVGHKRUQHDGR\URVWL]DGRQRDIHFWDODVWHPSHUDWXUDVGHDVDGRR
GHDXWROLPSLH]D(ODMXVWHVHFRQVHUYDUiHQODPHPRULDD~QGHVSXpVGHXQFRUWHGHHQHUJtD
3DUD$MXVWDUHO7HUPRVWDWRFRQHVWH7LSRGH3HULOOD
3HULOODGHOIUHQWH29(17(03
7HPSHUDWXUDGHO+RUQROD
DSDULHQFLDGHODSHULOODSXHGHYDULDU
3XQWHUR
(PSXMHODSHULOOD29(17(037HPSHUDWXUD
GHO+RUQRIXHUDGHOUDQJR\REVHUYHOD
SDUWHWUDVHUD3DUDUHDOL]DUXQDMXVWHDIORMH
DSUR[LPDGDPHQWHXQJLURSHURVLQTXLWDU
FRPSOHWDPHQWHORVGRVWRUQLOORVHQOD
SDUWHWUDVHUDGHODSHULOOD
3DUDLQFUHPHQWDUODWHPSHUDWXUDGHO
KRUQRPXHYDHOSXQWHURKDFLDODV
SDODEUDV´0$.(+277(5µ0iV&DOLHQWH
3DUDUHGXFLUODWHPSHUDWXUDGHOKRUQR
PXHYDHOSXQWHURKDFLDODVSDODEUDV
´0$.(&22/(5µ0iV)UtR
&DGDFOLFFDPELDUiODWHPSHUDWXUDGHO
KRUQRHQDSUR[LPDGDPHQWHž)(O
UDQJRHVPiVRPHQRVGHž)GHVGHOD
IOHFKD6XJHULPRVTXHKDJDHODMXVWHGHD
XQFOLFGHVGHODFRQILJXUDFLyQRULJLQDO\
TXHFRQWUROHHOIXQFLRQDPLHQWRGHOKRUQR
DQWHVGHKDFHUFXDOTXLHUDMXVWHDGLFLRQDO
8QDYH]UHDOL]DGRHODMXVWHYXHOYDD
DMXVWDUHOWRUQLOORGHPRGRTXHHVWpILUPH
SHURWHQJDFXLGDGRGHQRDMXVWDUORHQ
H[FHVR
5HHPSODFHODSHULOODHQOD]DQGRHOiUHD
SODQDGHODPLVPDFRQHOKXHFR\FRQWUROH
HOIXQFLRQDPLHQWR
3HULOODGHODSDUWHWUDVHUD29(1
7(037HPSHUDWXUDGHO+RUQROD
DSDULHQFLDGHODSHULOODSXHGHYDULDU
OVEN
OFF
3DUD$MXVWDUHO7HUPRVWDWRFRQHVWH7LSRGH3HULOOD
TEMP
0
20
AN
CLE
300 3
50
250
40
0
0
45
BROIL
500
3HULOODGHOIUHQWH29(17(03
7HPSHUDWXUDGHO+RUQROD
DSDULHQFLDGHODSHULOODSXHGHYDULDU
LOOSE
NS
C
TO
WS
RE
COMA
O
KE ER
L
KE ER
T
ROTATE
HOMA
T
3HULOODGHODSDUWHWUDVHUD29(1
7(037HPSHUDWXUDGHO+RUQROD
DSDULHQFLDGHODSHULOODSXHGHYDULDU
(PSXMHODSHULOOD29(17(03
7HPSHUDWXUDGHO+RUQRIXHUDGHOUDQJR
\REVHUYHODSDUWHWUDVHUD3DUDUHDOL]DU
XQDMXVWHDIORMHDSUR[LPDGDPHQWHXQ
JLURSHURVLQTXLWDUFRPSOHWDPHQWHORV
GRVWRUQLOORVHQODSDUWHWUDVHUDGHOD
SHULOOD
&RQODSDUWHWUDVHUDGHOWRUQLOORKDFLD
XVWHGVRVWHQJDHOH[WUHPRH[WHULRUGHOD
SHULOODFRQXQDPDQR\JLUHHOIUHQWHGHOD
PLVPDFRQDRWUD
3DUDLQFUHPHQWDUODWHPSHUDWXUDGHO
KRUQRPXHYDHOWRUQLOORVXSHULRUKDFLDOD
GHUHFKD(VFXFKDUiXQVRQLGRGHFOLFSRU
FDGDDEHUWXUDTXHPXHYDODSHULOOD
3DUDUHGXFLUODWHPSHUDWXUDGHOKRUQR
PXHYDHOWRUQLOORVXSHULRUKDFLDOD
L]TXLHUGD
&DGDFOLFFDPELDUiODWHPSHUDWXUDGHO
KRUQRHQDSUR[LPDGDPHQWHž)(O
UDQJRHVPiVRPHQRVGHž)GHVGHOD
IOHFKD6XJHULPRVTXHKDJDHODMXVWHGH
DXQFOLFGHVGHODFRQILJXUDFLyQRULJLQDO
\TXHFRQWUROHHOUHQGLPLHQWRGHOKRUQR
DQWHVGHKDFHUFXDOTXLHUDMXVWHDGLFLRQDO
8QDYH]UHDOL]DGRHODMXVWHYXHOYDDDMXVWDU
HOWRUQLOORGHPRGRTXHHVWpILUPHSHUR
WHQJDFXLGDGRGHQRDMXVWDUORHQH[FHVR
5HHPSODFHODSHULOODHQOD]DQGRHOiUHD
SODQDGHODPLVPDFRQHOKXHFR\
FRQWUROHHOIXQFLRQDPLHQWR
3DUDDMXVWDUHOWHUPRVWDWRHQRWURVPRGHORV
3UHVLRQHODVWHFODV%$.(\%52,/+,/2DO
PLVPRWLHPSRSRUVHJXQGRKDVWDTXH
ODSDQWDOODPXHVWUH6)
3UHVLRQHODWHFOD%$.(XQQXPHURGHGRV
GLJLWRVVHPRVWUDUDHQODSDQWDOOD
/DWHPSHUDWXUDGHOKRUQRSXHGHVHU
DMXVWDGDKDFLDDUULEDƒ)PDV
FDOLHQWHRKDFLDDEDMRƒ)PDVIUtD
3UHVLRQHODWHFODSDUDUHGXFHUOD
WHPSHUDWXUDGHOKRUQRHQLQFUHPHQWRVGH
JUDGR
&XDQGRKD\DUHDOL]DGRHODMXVWHSUHVLRQH
ODWHFOD67$5721SDUDUHJUHVDUODKRUD
GHOGLDDODSDQWDOOD8VHVXKRUQRFRPR
ORKDUtDQRUPDOPHQWH
127$HVWHDMXVWHQRDIHFWDUDODWHPSHUDWXUD
GHODVDGRURGHDXWROLPSLH]D(VWHDMXVWHVH
PDQWHQGUiHQODPHPRULDGHVSXpVGHXQDIDOOD
HQHOVXPLQLVWURGHFRUULHQWH
&yPRXVDUHOFDMyQFDOHQWDGRUHQDOJXQRVPRGHORV
Warming Drawer
3UHVLRQH\JLUHODSHULOODGHOFRQWURODODSRVLFLyQ
GHVHDGD
OFF
LO
3HULOODGHFRQWUROHQPRGHORVHTXLSDGRVFRQXQDSHULOOD
HI
MED
127$(OFDMRQFDOHQWDGRUQRGHEHGHHVWDUHQ
XVRGXUDQWHHOFLFORGHDXWROLPSLH]D
/2 3DVWHOHV
0(' &D]XHODV
+, &DUQHV
6(f$//8=(1&(1','221
/DOX]GHHQFHQGLGRVHXELFDVREUHODSHULOOD
GHOFRQWUROHQFHQGHUDFXDQGRODSHULOODHVWH
HQODSRVLFLyQGHHQFHQGLGR\SHUPDQHFHUD
HQFHQGLGDKDVWDTXHODSHULOODVHPXHYDDOD
SRVLFLyQGH2))
/DSDULHQFLDSXHGHYDULDU
&XDQGRXVHHOFDMyQFDOHQWDGRU
(OFDMyQFDOHQWDGRUPDQWHQGUiDOLPHQWRVFDOLHQWHV
\FRFLGRVDXQDWHPSHUDWXUDGHVHUYLFLR6LHPSUH
HPSLHFHFRQDOLPHQWRVFDOLHQWHV1RORXVHSDUD
FDOHQWDUDOLPHQWRVIUtRVFRQH[FHSFLyQGHVHFDU
JDOOHWDVSDSLWDV\FHUHDO
1RUHFXEUDHOFDMyQFDOHQWDGRURUHFLSLHQWHGH
FRFFLyQFRQSDSHOPHWiOLFR(OSDSHOPHWiOLFRHV
XQH[FHOHQWHDLVODQWHGHFDORU\DWUDSDUiHOFDORU
GHEDMRGHpO(VWRDOWHUDUiHOGHVHPSHxRGHOFDMyQ\
SRGUtDGDxDUHODFDEDGRLQWHULRU
„3UHKHDWSULRUWRXVHDFFRUGLQJWRWKHVH
UHFRPPHQGHGWLPHV
6HWWLQJ/2 PLQXWHV
6HWWLQJ0(' PLQXWHV
6HWWLQJ+, PLQXWHV
„1RFRORTXHOtTXLGRRDJXDHQHOFDMyQFDOHQWDGRU
3DUULODHQDOJXQRVPRGHORV
„3DUDXVRHQHOFDMRQFDOHQWDGRU1RXVDUHQ
HOKRUQR
„3UHFDOLHQWHFRQODSDULOODFRORFDGD
„(OXVRGHODSDUULOODSHUPLWHDSLODUORVREMHWRV
HQGRVQLYHOHV
„&XEUDORVDOLPHQWRVKXPHGRVFRQXQDWDSD
RSDSHODOXPLQLR
„'HMHGHVFXELHUWRVORVDOLPHQWRVFUXMLHQWHV
„/RVDOLPHQWRVGHEHQPDQWHQHUVHHQVXUHFLSLHQWH
FDOLHQWHRWUDVSDVDUVHDXQSODWRGHVHUYLFLR
UHVLVWHQWHDOFDORU
35(&$8&,21
/RVUHFLSLHQWHV
SOiVWLFRVRORVHQYROWRULRVSOiVWLFRVVHGHUULWHQVL
HQWUDQHQFRQWDFWRGLUHFWRFRQHOFDMyQUHFLSLHQWHGH
FRFFLyQRXWHQVLOLRFDOLHQWH(OSOiVWLFRGHUUHWLGRQR
SXHGHUHPRYHUVH\HVWRQRVHHQFXHQWUDFXELHUWRSRU
ODJDUDQWtD
„4XLWHODVFXFKDUDVGHVHUYLFLRHWFDQWHVGH
FRORFDUUHFLSLHQWHVHQHOFDMyQFDOHQWDGRU
*($SSOLDQFHVFRP
7DEODGHVHOHFFLyQGHWHPSHUDWXUD
3DUDPDQWHQHUFDOLHQWHVGLIHUHQWHVWLSRVGHDOLPHQWRVHVWDEOH]FDHOFRQWUROFRQODFRQILJXUDFLyQPiV
HOHYDGD&RORTXHORVDUWLFXORVTXHQHFHVLWHQPDVFDORUHQHOSLVRGHOFDMRQ\ORVDUWLFXORVTXHQHFHVLWHQ
PHQRVFDORUHQODSDUULOOD
„/DWHPSHUDWXUDWLSRFDQWLGDGGHDOLPHQWRV\
HOWLHPSRHQTXHVHPDQWHQJDQGHQWURGHOKRUQR
DIHFWDQODFDOLGDGGHORVDOLPHQWRV
„/DFRPLGDHQUHIUDFWDULRVRXWHQVLOLRVGHFHUDPLFD
SXHGHQHFHVLWDUXQDSRVLFLRQGHFRQWUROPDVDOWD
HQFRPSDUDFLRQFRQORVDOLPHQWRVHQXWHQVLOLRV
GHPHWDO
7LSRGHDOLPHQWR
7RFLQR
„$ODEULUHOFDMyQHQIRUPDUHLWHUDGDHODLUHFDOLHQWH
VHHVFDSDUi\ORVDOLPHQWRVVHHQIULDUiQ
„'HMHWLHPSRH[WUDSDUDTXHODWHPSHUDWXUD
GHOKRUQRVHHVWDELOLFHGHVSXHVGHDJUHJDUORV
DUWLFXORV
0('
&D]XHODV
0('
3ROORIULWR
+,
FRPLGDHQHOFDMRQFDOHQWDGRUSRUPDVGHGRV
KRUDV
0('
3HVFDGR
+,
6DOVDV
+,
-DPRQ
+,
3DQTXHV
35(&8$&,Ï11RGHMHOD
+,
3DQ
+XHYRVUHYXHOWRV
„&RQJUDQGHVFDUJDVSXHGHVHUQHFHVDULRXWLOL]DU
XQDFRQILJXUDFLyQGHOFDMyQFDOHQWDGRUPiV
HOHYDGD\FXEULUDOJXQRVGHORVDOLPHQWRVFRFLGRV
„1RXWLOLFHUHFLSLHQWHVRHQYROWRULRVSOiVWLFRV
&RQILJXUDFLyQ
GHFRQWURO
0('
$URVGHFHEROOD
+,
3DVWHOHV
/2
3L]]D
+,
3DSDVDOKRUQR
+,
3XUHGHSDSD
/2
7RWRSRV
/2
3DUDYROYHUFUXMLHQWHVSURGXFWRVQRIUHVFRV
„&RORTXHORVDOLPHQWRVHQSODWRVREDQGHMDV
GHODGRVEDMRV
„3UHFDOLHQWHHQODFRQILJXUDFLyQ/2
„'HVSXpVGHPLQXWRVYHULILTXHVLHVWiQFUXMLHQWHV
$JUHJXHWLHPSRVLIXHVHQHFHVDULR
3DUDFDOHQWDUWD]RQHV\SODWRVGHVHUYLFLR
3DUDFDOHQWDUWD]RQHV\SODWRVGHVHUYLFLRFRQILJXUHHO
FRQWUROHQ/2
„8WLOLFHVyORUHFLSLHQWHVUHVLVWHQWHVDOFDORU
„&
RORTXHORVSODWRVVREUHODSDUULOODSDUD
OHYDQWDUORVGHOSLVRGHOFDMRQ&RORFDUORVSODQRV
VREUHHOSLVRGHOFDMRQSXHGHFDXVDUTXHVH
FDOLHQWHQHQH[WUHPR\SXHGDQGDxDUVH
„6LGHVHDFDOHQWDUSRUFHODQDILQDFRQVXOWH
DOIDEULFDQWHGHODYDMLOODVREUHVXWROHUDQFLDPi[LPD
DOFDORU
„8VWHGSXHGHFDOHQWDUSODWRVGHVHUYLFLRYDFtRV
PLHQWUDVSUHFDOLHQWDHOFDMyQ
„:KHQKROGLQJKRWFRRNHGIRRGVDQGZDUPLQJ
HPSW\VHUYLQJGLVKHVDWWKHVDPHWLPHSODFHWKH
VHUYLQJGLVKHVRQWKHUDFNDQGWKHIRRGRQWKH
ERWWRPRIWKHGUDZHU
35(&$8&,Ï1 /RVSODWRV
HVWDUiQFDOLHQWHV8WLOLFHDJDUUDGHUDVRJXDQWHVFXDQGR
TXLWHSODWRVFDOLHQWHV
8VRGHOKRUQRFRQDXWROLPSLH]DHQDOJXQRVPRGHORV
1XQFDIXHUFHODSDODQFDGHOFHUURMR)RU]DUODSDODQFDGHOFHUURMRGDxDUDHOPHFDQLVPRGHOFHUURMR/DSXHUWDGHOKRUQRGHEH
HVWDUFHUUDGD\WRGRVORVFRQWUROHVSURJUDPDGRVFRUUHFWDPHQWHSDUDTXHHOFLFORGHDXWROLPSLH]DWUDEDMHFRUUHFWDPHQWH
35(&$8&,Ï1
1XQFDFRORTXHXWHQVLOLRVGHFRFLQDSLHGUDVGHKRUQHDGRSDSHO
DOXPLQLRXRWURVDUWtFXORVHQHOSLVRGHOKRUQR,QFOXVRORVDUWtFXORVSUHSDUDGRVSDUDDOWDWHPSHUDWXUD
VHSRGUiQDGKHULUGHIRUPDSHUPDQHQWHDOIRQGRGHOKRUQR\RFDVLRQDUGDxRVVREUHHOKRUQRODEDVHR
DUWtFXORVHQHOFDMyQGHDOPDFHQDPLHQWRGHELGRDOFDORU
$QWHVGHXQFLFORGH$XWR/LPSLH]D
/LPSLHFRQXQSDxRORVGHVHFKRV
UHEHOGHVDFXPXODGRVHQHOSLVRGHO
KRUQR
OVEN
OFF
GHDFHURHPEHELGDVHQMDEyQROLPSLDGRUHVWDOHVFRPR
6RIW6FUXEŠ(QMXDJXHELHQFRQDJXDOLPSLD\VHTXH
1ROLPSLHODMXQWD(OPDWHULDOGHILEUDGHYLGULRGH
ODMXQWDGHODSXHUWDGHOKRUQRQRUHVLVWHSURGXFWRV
DEUDVLYRV(VHVHQFLDOTXHODMXQWDVHPDQWHQJDLQWDFWD
6LXVWHGQRWDTXHHVWiGHVJDVWDGDUHHPSOiFHOD
/LPSLHORVGHUUDPHVJUDQGHVHQHOSLVRGHOKRUQR
9HULILTXHTXHODWDSDGHODERPELOODGHOX]GHOKRUQR
HVWpHQVXOXJDU\TXHODOX]GHOKRUQRHVWpDSDJDGD
35(&$8&,21
/DVSDUULOODV
VXSHULRUHV\FKDURODVDVDGRUVLDVtHVWiHTXLSDGR
QXQFDGHEHQOLPSLDUVHHQHOFLFORGHDXWROLPSLH]D
GHOKRUQR
,03257$17(/DVHPDQDFLRQHVSURGXFLGDVSRUHOFLFOR
GHDXWROLPSLH]DGHFXDOTXLHUKRUQRDIHFWDQODVDOXG
GHDOJXQDVDYHVGHPDQHUDQRWRULD3URFXUHOOHYDUVXV
DYHVDRWUDKDELWDFLyQELHQYHQWLODGD
&yPRFRQILJXUDUHOKRUQRSDUDXQDDXWROLPSLH]DHQDOJXQRVPRGHORV
TEMP
0
20
300 3
50
250
AN
CLE
5HFRPHQGDPRVYHQWLODUVXFRFLQDFRQXQDYHQWDQD
DELHUWDRXWLOL]DQGRXQYHQWLODGRURFDPSDQDGXUDQWH
HOSULPHUFLFORGHDXWROLPSLH]D
5HPXHYDODVSDUULOODVFXDOTXLHUFKDURODDVDGRU
SDUULOODDVDGRUORVXWHQVLOLRVGHFRFLQD\SDSHO
DOXPLQLRGHOKRUQR
/DVSDUULOODVGHKRUQRSODWHDGDVEULOODQWHVSXHGHQ
GHMDUVHGXUDQWHHOFLFORGHDXWROLPSLH]DSHURVH
RVFXUHFHUiQSHUGHUiQHOEULOOR\VHUiGLItFLOGHVOL]DUODV
1RXVHOLPSLDGRUHVFRPHUFLDOHVSDUDHOKRUQRR
SURWHFWRUHVGHKRUQRGXUDQWHRFHUFDGHOFLFORGH
DXWROLPSLH]DGHOKRUQR8QDFRPELQDFLyQGHHVWRV
SURGXFWRVPiVODVDOWDVWHPSHUDWXUDVGHOFLFORGH
DXWROLPSLH]DSXHGHGDxDUHODFDEDGRGHHVPDOWH
SRUFHODQL]DGRGHOKRUQR
/DVXFLHGDGXELFDGDHQHOPDUFRIURQWDOGHODFRFLQD\
IXHUDGHODMXQWDGHODSXHUWDGHEHUiOLPSLDUVHDPDQR
/LPSLHHVWDViUHDVFRQDJXDFDOLHQWHHVSRQMLOODVGHODQD
40
0
0
45
BROIL
500
/DDSDULHQFLDSXHGHYDULDU
6LJDODVLQVWUXFFLRQHVHQODVHFFLyQ$QWHVGHXQ
&LFORGH/LPSLH]D
7UDEHODSXHUWD
*LUHODSHULOOD29(17(037HPSHUDWXUDGHO
+RUQRD&/($1/LPSLDU
(O7LHPSRGH/LPSLH]DHVKRUDV\PLQXWRV/DOX]GH
DXWROLPSLH]DVHHQFHQGHUi\SHUPDQHFHUiHQFHQGLGD
KDVWDTXHHOFLFORGHDXWROLPSLH]DHVWpFRPSOHWR
(OKRUQRVHDSDJDGHIRUPDDXWRPiWLFDFXDQGR
HOFLFORGHOLPSLH]DHVFRPSOHWDGR
/XHJRGHXQFLFORGHOLPSLH]DJLUHODSHULOOD
29(17(037HPSHUDWXUDGHO+RUQRKDFLD
ODSRVLFLyQ2))$SDJDGR\GHVOLFHODPDQLMD
GHODWUDEDKDFLDODL]TXLHUGDKDVWDVXOtPLWH
3DUDFDQFHODUHOFLFORGHDXWROLPSLH]DJLUHOD
SHULOOD29(17(037HPSHUDWXUDGHO+RUQR
KDFLDODSRVLFLyQGHDSDJDGR\GHVOLFHODWUDED
KDFLDODL]TXLHUGDKDVWDVXOtPLWH(VSHUHKDVWD
TXHODOX]GHDXWROLPSLH]DGHMHGHWLWLODU8VHHO
KRUQRWDQWRFRPRORGHVHH
127$1XQFDIXHUFHODWUDED6LHOKRUQRHVWi
GHPDVLDGRFDOLHQWHQRSRGUiGHVOL]DUODWUDED
'HMHTXHHOKRUQRVHHQIUtH
&yPR3URJUDPDUHO+RUQRSDUDVX/LPSLH]D
6LJDODVLQVWUXFFLRQHVHQODVHFFLyQ$QWHVGH
XQ&LFORGH/LPSLH]D
7UDEHODSXHUWD
127$1XQFDIXHUFHODWUDED6LHOKRUQR
HVWiGHPDVLDGRFDOLHQWHQRSRGUiGHVOL]DUOD
WUDED'HMHTXHHOKRUQRVHHQIUtH
3UHVLRQHODWHFOD6HOI&OHDQ$XWR/LPSLH]D
3UHVLRQHODVWHFODVRKDVWDTXHHO
7LHPSRGH/LPSLH]DGHVHDGRVHPXHVWUH
(O7LHPSRGH/LPSLH]DHVQRUPDOPHQWH
KRUDV\PLQXWRV3XHGHFDPELDUHO7LHPSR
GH/LPSLH]DDFXDOTXLHUWLHPSRHQWUH\
KRUDVGHSHQGLHQGRGHODFDQWLGDGGH
VXFLHGDGHQHOKRUQR
3UHVLRQHODWHFOD6WDUW2Q,QLFLDU
(QFHQGHU
(OFLFORGHDXWROLPSLH]DFRPHQ]DUi
DXWRPiWLFDPHQWH\ODFXHQWDUHJUHVLYDGH
WLHPSRDSDUHFHUiHQODSDQWDOOD
0LHQWUDVHOKRUQRHVWiUHDOL]DQGRODDXWR
OLPSLH]DSXHGHSUHVLRQDUODWHFOD&ORFN5HORM
SDUDYLVXDOL]DUODKRUDGHOGtD3DUDUHJUHVDU
DODFXHQWDUHJUHVLYDGHOLPSLH]DSUHVLRQHOD
WHFOD6HOI&OHDQ$XWR/LPSLH]D
(OKRUQRVHDSDJDGHIRUPDDXWRPiWLFD
FXDQGRHOFLFORGHOLPSLH]DHVWiFRPSOHWR\
WLWLODUiHQODSDQWDOOD
'HVOLFHODPDQLMDGHODWUDEDKDFLDOD
L]TXLHUGDKDVWDHOOtPLWH\DEUDODSXHUWD
1XQFDIXHUFHODWUDEDGHODPDQLMD)RU]DUODPDQLMD
GDxDUiHOPHFDQLVPRGHEORTXHRGHODSXHUWD
*($SSOLDQFHVFRP
/DVSXHUWDVGHOKRUQRGHEHHVWDUFHUUDGDV\WRGRVORVFRQWUROHVGHEHQHVWDUFRUUHFWDPHQWHFRQILJXUDGRVSDUDTXHHOFLFOR
IXQFLRQHHQIRUPDDGHFXDGD
&yPRFRQILJXUDUXQLQLFLRUHWDUGDGRGHOLPSLH]D
8VWHGSXHGHSURJUDPDUHOFRQWUROGHOKRUQR
SDUDUHWUDVDUHOLQLFLRGHOKRUQROLPSLDUSRU
XQSHULRGRHVSHFtILFRGHWLHPSR\GHWHQHUOR
DXWRPiWLFDPHQWH
$VHJ~UHVHGHTXHHOUHORMPXHVWUHODKRUD
FRUUHFWD
6LJDODVLQVWUXFFLRQHVPRVWUDGDVHQODVHFFLyQ
GH´$QWHVGHOFLFORGHDXWROLPSLH]Dµ
(QJDQFKHODSXHUWD
127$1XQFDIRUFpHOFHUURMR6LHOKRUQRHVWi
GHPDVLDGRFDOLHQWHXVWHGQRSRGUiPRYHUHO
FHUURMR3HUPLWDTXHHOKRUQRVHHQIULp
3UHVLRQHHOERWyQ6(/)&/($1DXWR
OLPSLH]D
SUHVLRQHORVERWRQHVR²KDVWDTXHHOWLHPSR
GHVHDGRVHDPRVWUDGRHQODSDQWDOOD
3UHVLRQHODWHFOD67$577,0(
&DPELHHOWLHPSRGHLQLFLRSUHVLRQDQGRODV
WHFODVR(OWLHPSRGHLQLFLRDSDUHFHUiHQOD
SDQWDOOD
3UHVLRQHHOERWyQ67$5721LQLFLDU
HQFHQGHU
(OFLFORGHDXWROLPSLH]DLQLFLDUD
DXWRPiWLFDPHQWHHQHOWLHPSRVHOHFFLRQDGR
0LHQWUDVHOKRUQRHVWHHQFLFORGHDXWROLPSLH]D
XVWHGSXHGHSUHVLRQDUODWHFODGH&/2&.5HORM
SDUDPRVWUDUODKRUD3DUDYROYHUDODFXHQWD
UHJUHVLYDGHOLPSLH]DSUHVLRQHODWHFODGH6(/)
&/($1DXWROLPSLH]D
3UHVLRQHODVWHFODVR²SDUDDMXVWDUHO
WLHPSRGHOLPSLH]D
(OKRUQRVHDSDJDUDDXWRPiWLFDPHQWH
(OWLHPSRGHOLPSLH]DHVWDSUHDMXVWDGRDKRUDV FXDQGRVHFRPSOHWHHOFLFORGHOLPSLH]D\
\PLQXWRV8VWHGSXHGHFDPELDUHOWLHPSRGH SDUSDGHDUDHQODSDQWDOOD
OLPSLH]DDFXDOTXLHUWLHPSRHQWUH\KRUDV
'HVOLFHODMDODGHUDGHOFHUURMRDOD
GHSHQGLHQGRGHODFDQWLGDGGHVXFLHGDGHQVX
L]TXLHUGDKDVWDHOWRSH\DEUDODSXHUWD
KRUQR6LGHVHDXQWLHPSRGHOLPSLH]DGLIHUHQWH
3DUD'HWHQHUXQ&LFORGH$XWR/LPSLH]D
3UHVLRQHODWHFOD&OHDU2II%RUUDU$SDJDU
(VSHUHKDVWDTXHHOKRUQRVHKD\DHQIULDGR
SRUGHEDMRGHODWHPSHUDWXUDGHEORTXHRSDUD
GHVWUDEDUODSXHUWD1RSRGUiDEULUODSXHUWD
GHLQPHGLDWRDPHQRVTXHHOKRUQRVHKD\D
HQIULDGRSRUGHEDMRGHODWHPSHUDWXUDGH
EORTXHR
'HVSXpVGHXQFLFORGHOLPSLH]D
8VWHGQRSRGUDSURJUDPDUHOKRUQR
SDUDFRFLQDUKDVWDTXHHOKRUQRHVWHOR
VXILFLHQWHPHQWHIULRSDUDGHVEORTXHDUOD
SXHUWD
(VSRVLEOHTXHREVHUYHDOJXQDVFHQL]DVEODQFDVHQ
HOKRUQR/tPSLHODVFRQXQSDxRK~PHGRGHVSXpVGH
TXHHOKRUQRVHHQIUtH
6LODVPDQFKDVEODQFDVSHUPDQHFHQUHPXpYDODV
FRQXQHVWURSDMRGHDFHUROOHQRGHMDEyQ\HQMXDJXH
JHQHURVDPHQWHFRQXQDPH]FODGHYLQDJUH\DJXD
(VWRVGHSyVLWRVVRQXVXDOPHQWHUHVLGXRVGHVDOTXH
HOFLFORGHOLPSLH]DQRSXHGHHOLPLQDU
6LHOKRUQRQRTXHGDOLPSLRGHVSXpVGHXQFLFORGH
OLPSLH]DUHSLWDHOFLFOR
„8VWHGQRSXHGHFRQILJXUDUHOKRUQRSDUDFRFFLyQ
KDVWDTXHHOKRUQRHVWpORVXILFLHQWHPHQWHIUtR
FRPRSDUDTXHODSXHUWDVHGHVEORTXHH
„0LHQWUDVHOKRUQRHVWpHQDXWROLPSLH]DXVWHG
SXHGHSUHVLRQDUHOERWyQ5(/2-SDUDPRVWUDUHQ
SDQWDOODODKRUDGHOGtD3DUDYROYHUDODFXHQWD
UHJUHVLYDGHOLPSLH]DSUHVLRQHHOERWyQ$872
/,03,(=$
„6LHQFXHQWUDGLILFLOGHVOL]DUODVSDUULOODV
DSOLTXHXQDSHTXHxDFDQWLGDGGHDFHLWH
YHJHWDODXQDWRDOODGHSDSHO\OLPSLHORV
ERUGHVGHODVSDUULOODVGHKRUQRFRQODWRDOOD
GHSDSHO
8VRGHOD/LPSLH]DDO9DSRUHQDOJXQRVPRGHORV
$VHJXUHVHTXHVXDSDUDWRHVWHGHVFRQHFWDGR\TXHWRGRVORVFRQWUROHVHVWpQDSDJDGRV\TXHWRGDVODV
VXSHUILFLHVVHHQIULpQDQWHVGHOLPSLDUFXDOTXLHUSDUWHGHODFRFLQD
ADVERTENCIA
Riesgo de Volcaduras
Un niño o adulto pueden volcar la cocina y morir.
Verifique que el soporte anti-volcaduras haya sido
instalado correctamente de tal manera que la pata
niveladora se sujete en el soporte anti-volcaduras.
Asegúrese de que el soporte anti-volcaduras sea
reajustado cuando mueva la estufa de tal manera que
la pata niveladora se sujete en el soporte anti-volcaduras.
No utilice la cocina sin que el soporte anti-volcaduras
esté colocado y ajustado.
Si estas instrucciones no se siguen, como resultado se podrá
producir la muerte o quemaduras graves de niños y adultos.
,QWHULRUGHO+RUQRGH3RUFHODQDHQPRGHORVFRQOLPSLH]DHVWiQGDU
&RQHOFXLGDGRDSURSLDGRHODFDEDGRGHHVPDOWHGHODSRUFHODQD
HQHOLQWHULRUGHOKRUQR²SDUWHVXSHULRULQIHULRUFRVWDGRVSDUWH
WUDVHUDHLQWHULRUGHODSXHUWDSHUPDQHFHUiFRQXQDVSHFWR
QXHYRSRUDxRV
(VSHUHDTXHHOKRUQRVHHQIUtHDQWHVGHOLPSLDU/HUHFRPHQGDPRV
TXHXVHJXDQWHVGHJRPDDOOLPSLDUHOKRUQR
(OMDEyQ\HODJXDQRUPDOPHQWHKDUiQHOWUDEDMR/DVVDOSLFDGXUDV
\ORVGHUUDPHVLPSRUWDQWHVSRGUiQUHTXHULUTXHODOLPSLH]DVH
UHDOLFHFRQXQOLPSLDGRUVXDYH\DEUDVLYR7DPELpQVHSXHGHQ
XVDUHVWURSDMRVFRQMDEyQ
1RSHUPLWDTXHORVGHUUDPHVGHFRPLGDFRQDOWR
FRQWHQLGRGHD]~FDURiFLGRWDOFRPRWRPDWHVFKXFUXW
MXJRVGHIUXWDRUHOOHQRVGHWDUWDVSHUPDQH]FDQHQOD
VXSHUILFLH
(ODPRQtDFRKRJDUHxRSXHGHIDFLOLWDUHOWUDEDMRGH
ODOLPSLH]D&RORTXHòWD]DHQXQYDVRGHYLGULRRHQYDVHGH
FHUiPLFDHQXQKRUQRIUtRGXUDQWHODQRFKH/RVJDVHVGHO
DPRQtDFRD\XGDUiQDDIORMDUODJUDVD\ODFRPLGDTXHPDGD
'HVHUQHFHVDULRSXHGHXVDUXQOLPSLDGRUSDUDKRUQR6LJDODV
LQVWUXFFLRQHVGHOSDTXHWH
„1RURFtHFRQXQOLPSLDGRUGHKRUQRVREUHORVFRQWUROHV
\HQFKXIHVHOpFWULFRV\DTXHHVWRSRGUtDRFDVLRQDUXQ
FRUWRFLUFXLWR\SURGXFLUXQLQFHQGLR
„(YLWHTXHXQDFDSDGHOOLPSLDGRUVHDFXPXOHHQHOVHQVRUGH
WHPSHUDWXUD²SRGUtDKDFHUTXHHOKRUQRFDOLHQWHGHIRUPD
LQDGHFXDGD(OVHQVRUHVWiXELFDGRHQODSDUWHVXSHULRUGHO
KRUQR&RQFXLGDGROLPSLHHOVHQVRUOXHJRGHFDGDOLPSLH]D
GHOKRUQRWHQLHQGRFXLGDGRGHQRPRYHUHOVHQVRU\DTXH
XQFDPELRGHSRVLFLyQSRGUtDDIHFWDUODIRUPDGHKRUQHDUGHO
KRUQR
„1RURFtHQLQJ~QOLPSLDGRUSDUDKRUQRVREUHODSXHUWDPDQLMDV
RFXDOTXLHUVXSHUILFLHH[WHULRUGHOKRUQRJDELQHWHVRVXSHUILFLH
SLQWDGD(OOLPSLDGRUSXHGHGDxDUHVWDVVXSHUILFLHV
/HYDQWHOD3XHUWDGHO+RUQR
/DSXHUWDGHOKRUQRVHSXHGHUHWLUDUSDUDVX
OLPSLH]D
1ROHYDQWHODSXHUWDXVDQGRODPDQLMD$VHJ~UHVH
/HYDQWHODSXHUWDKDFLDDUULED\
GHTXHHOKRUQRHVWpFRPSOHWDPHQWHIUtR
IXHUDGHODVELVDJUDV
3DUDUHWLUDUODSXHUWDDEUDODPLVPDHQOD
SRVLFLyQHVSHFLDOGHGHWHQFLyQ6RVWHQJDOD
PLVPDGHPDQHUDILUPHVREUHFDGDODGR\OHYDQWH
ODSXHUWDKDFLDDUULED\DIXHUDGHODVELVDJUDV
1RFRORTXHODVPDQRVHQWUHODELVDJUD\OD
HVWUXFWXUDGHODSXHUWDGHOKRUQR
/DMXQWDHVWiGLVHxDGDFRQXQHVSDFLR 3DUDUHHPSOD]DUODSXHUWDDVHJ~UHVHGHTXH
ODVELVDJUDVVHHQFXHQWUHQHQODSRVLFLyQGH
HQODSDUWHLQIHULRUSDUDSHUPLWLUXQD
DGHFXDGDFLUFXODFLyQGHDLUH
GHWHQFLyQHVSHFtILFD3RVLFLRQHODVUDQXUDVHQ
(QPRGHORVGHDXWROLPSLH]DGHELGRD
ODSDUWHLQIHULRUGHODSXHUWDVREUHODVELVDJUDV
TXHHOiUHDTXHVHHQFXHQWUDGHQWUR
\OHQWDPHQWHKDJDTXHpVWDGHVFLHQGDVREUH
GHODMXQWDVHOLPSLDGXUDQWHHOFLFORGH
DPEDVELVDJUDV
DXWROLPSLH]DQRHVQHFHVDULROLPSLDUOD
DPDQR
3DUDOLPSLDUHOLQWHULRUGHODSXHUWD
(QPRGHORVGHOLPSLH]DFRQWLQXDHOiUHD
„1RSHUPLWDTXHHOH[FHGHQWHGHDJXDHQWUHD
H[WHUQDGHOVHOOR\GHOPDUFRIURQWDO
SXHGHOLPSLDUVHFRQXQDILEUDMDEyQ
QLQJ~QDJXMHURRUDQXUDVGHODSXHUWD
DJXDFDOLHQWH\GHWHUJHQWH(QMXDJXHELHQ
„(OMDEyQ\HODJXDQRUPDOPHQWHKDUiQHO
FRQXQDVROXFLyQGHDJXD\YLQDJUH
WUDEDMR/DVVDOSLFDGXUDV\ORVGHUUDPHV
1RIURWHROLPSLHODMXQWDGHODSXHUWD
SRUTXHWLHQHXQDUHVLVWHQFLDPX\EDMD
LPSRUWDQWHVSRGUiQUHTXHULUTXHODOLPSLH]D
DODDEUDVLyQ
VHUHDOLFHFRQXQOLPSLDGRUVXDYH\DEUDVLYR
6LVHDGYLHUWHTXHODMXQWDHVWi
7DPELpQVHSXHGHQXVDUHVWURSDMRVFRQMDEyQ
GHVJDVWDGDUDtGDRGDxDGDRVLVH
KDGHVSOD]DGRGHVXOXJDUVHODGHEH
UHHPSOD]DU
1RSHUPLWDTXHORVGHUUDPHVGHFRPLGDFRQ
DOWRFRQWHQLGRGHD]~FDURiFLGRWDOFRPROHFKH
WRPDWHVFKXFUXWMXJRVGHIUXWDRUHOOHQRVGH
WDUWDVSHUPDQH]FDQHQODVXSHUILFLH3XHGHQ
RFDVLRQDUXQDPDQFKDLPSRUWDQWHOXHJRGHOD
OLPSLH]D
3DUDOLPSLDUHOH[WHULRUGHODSXHUWD
„8VHDJXD\MDEyQSDUDOLPSLDUFRPSOHWDPHQWH
ODSDUWHVXSHULRUORVODGRV\HOIUHQWHGHOD
SXHUWDGHOKRUQR(QMXDJXHELHQ7DPELpQ
SXHGHXVDUXQOLPSLDGRUGHYLGULRSDUDOLPSLDU
HOYLGULRGHODSDUWHH[WHULRUGHODSXHUWD1R
SHUPLWDTXHJRWHHDJXDHQODVDEHUWXUDVGH
YHQWLODFLyQ
„(OGHUUDPHGHDGRERMXJRVGHIUXWDVDOVDVGH
WRPDWH\PDWHULDOHVJODVHDGRVTXHFRQWHQJDQ
iFLGRVSXHGHQRFDVLRQDUGHVFRORUDFLyQ\
VHGHEHUiQOLPSLDUGHLQPHGLDWR&XDQGROD
VXSHUILFLHHVWpIUtDODYH\HQMXDJXH
„1RXVHOLPSLDGRUHVSDUDKRUQRSROYRVGH
OLPSLH]DQLDEUDVLYRVGXURVVREUHODSDUWH
H[WHULRUGHODSXHUWD
&XLGDGR\OLPSLH]DGHODFRFLQD
*($SSOLDQFHVFRP
2YHQ+HDWLQJ(OHPHQWV
'RQRWFOHDQWKHEDNHHOHPHQWRUWKHEURLO
HOHPHQW$Q\VRLOZLOOEXUQRIIZKHQWKH
HOHPHQWVDUHKHDWHG
7RFOHDQWKHRYHQIORRUJHQWO\OLIWWKHEDNH
HOHPHQW&OHDQZLWKZDUPVRDS\ZDWHU
2QVRPHPRGHOVWKHEDNHHOHPHQWLVQRW
H[SRVHGDQGLVXQGHUWKHRYHQIORRU,I
VSLOORYHUVUHVLGXHRUDVKDFFXPXODWHRQWKH
RYHQIORRUZLSHXSEHIRUHVHOIFOHDQLQJ
%DQGHMDVGHOKRUQR
/LPSLHODVSDUULOODVGHKRUQRFRQXQOLPSLDGRU
DEUDVLYRRXQHVWURSDMR'HVSXpVGHOLPSLDU
HQMXDJXHODVEDQGHMDVFRQDJXDOLPSLD\
VpTXHODVFRQXQSDxROLPSLR
'HVSXpVGHOLPSLDUHQMXDJXHODVEDQGHMDVFRQ
DJXDOLPSLD\VpTXHODVFRQXQSDxROLPSLR
127$5HWLUHODVSDUULOODVIXHUDGHOKRUQRDQWHV
GHTXHLQLFLHXQFLFORGHDXWROLPSLH]D\DTXH
VHSXHGHQGHFRORUDU
3DUDKDFHUTXHODVSDUULOODVVHGHVOLFHQ
IiFLOPHQWHDSOLTXHXQDSHTXHxDFDQWLGDGGH
DFHLWHYHJHWDORDFHLWHGHFRFLQDDXQDWRDOOD
GHSDSHO\OLPSLHORVERUGHVGHODSDUULOODGH
KRUQRFRQODWRDOODGHSDSHO
5HHPSOD]RGHODERPELOODGHOKRUQRHQDOJXQRVPRGHORV
9HULILTXHTXHODWDSDGHODOiPSDUD\ODERPELOOD
VHKD\DQHQIULDGRSRUFRPSOHWR
:LUHFRYHUKROGHU
3DUDTXLWDUODWDSD
&RORTXHXQDPDQRGHEDMRGHODWDSDSDUD
TXHQRVHFDLJDFXDQGRODOLEHUHQ&RQORV
GHGRVGHODPLVPDPDQRSUHVLRQH
ILUPHPHQWHVREUHHOVRSRUWHGHODWDSDGH
ORVFDEOHV/HYDQWH\TXLWHODWDSD
1RTXLWHQLQJ~QWRUQLOORSDUDVDFDUODWDSD
5HHPSODFHODERPELOODFRQXQDXQLGDGGH
YDWLRV
3DUDYROYHUDFRORFDUODWDSD
&ROyTXHODGHQWURGHODUDQXUDGHO
UHFHSWiFXORGHODERPELOOD7LUHGHOFDEOH
KDFLDDGHODQWHHQGLUHFFLyQGHOFHQWURGHOD
WDSDKDVWDTXHVHWUDEHHQVXOXJDU
&RQHFWHODHQHUJtDHOpFWULFDKDFLDODFRFLQD
5HPRFLyQGHOFDMyQGHDOPDFHQDPLHQWRHQDOJXQRVPRGHORV
3DUDTXLWDUHOFDMyQGHDOPDFHQDPLHQWR
6DTXHWRWDOPHQWHHOFDMRQ
,QFOLQHKDFLDDUULEDODSDUWHIURQWDO\
UHWLUHOR
/LPSLHGHEDMRGHODHVWXID
3DUDYROYHUDFRORFDUHOFDMyQGH
DOPDFHQDPLHQWR
,QVHUWHODVJXLDVSRVWHULRUHVGHOFDMRQGHWUDV
GHORVWRSHVGHODVJXLDVGHODHVWXID
/HYDQWHHOFDMRQVLHVQHFHVDULRSDUD
LQVHUWDUORIDFLOPHQWH
'HMHFDHUODSDUWHIURQWDOGHOFDMRQ\
HPSXMHORKDVWDFHUUDUOR
&XLGDGR\OLPSLH]DGHODFRFLQD
3DQHOGH&RQWURO\3HULOODV
(PSXMHODSHULOODGLUHFWDPHQWHKDFLD
DIXHUDGHOYiVWDJR
8QDEXHQDLGHDHVOLPSLDUHOSDQHOGHFRQWURO
OXHJRGHFDGDXVRGHOKRUQR8VHXQDWHOD
K~PHGDSDUDOLPSLDURHQMXDJDU3DUDOLPSLDUXVH
MDEyQVXDYH\DJXDRXQDVROXFLyQTXHVHDPLWDG
GHYLQDJUH\PLWDGGHDJXD3DUDHQMXDJDUXVH
DJXDOLPSLD3XODHQVHFRFRQXQDWHODVXDYH
1RXVHOLPSLDGRUHVDEUDVLYRVOLPSLDGRUHVOtTXLGRV
IXHUWHVDOPRKDGLOODVSDUDIUHJDUGHSOiVWLFR
\OLPSLDGRUHVGHKRUQRHQHOSDQHOGHFRQWURO
GDxDUiQHODFDEDGR
/DVSHULOODVGHFRQWUROVHSXHGHQUHWLUDUSDUD
IDFLOLWDUODOLPSLH]D
$VHJ~UHVHGHTXHODVSHULOODVHVWpQHQODV
SRVLFLRQHV2))$SDJDGR\HPSXMHODVPLVPDV
GHVGHORVVRSRUWHVGHIRUPDGHUHFKDSDUDVX
OLPSLH]D
$VHJ~UHVHGHTXHODVSHULOODVHVWpQHQODV
SRVLFLRQHV2))$SDJDGR\HPSXMHODVPLVPDV
GHVGHORVVRSRUWHVGHIRUPDGHUHFKDSDUDVX
OLPSLH]D
5HHPSODFHODVSHULOODVHQODSRVLFLyQ2))
$SDJDGRSDUDDVHJXUDUXQDXELFDFLyQ
DGHFXDGD
3DUULOOD&DMRQFDOHQWDGRUHQDOJXQRVPRGHORV
/LPSLHODSDUULOODFRQGHWHUJHQWH\DJXD
'HVSXHVGHOLPSLDUHQMXDJXHODSDUULOODFRQ
DJXDOLPSLD\VHTXHFRQXQWUDSROLPSLR
&DMyQFDOHQWDGRUGHVPRQWDEOH2OODGHO&DMyQHQDOJXQRVPRGHORV
127$(QORVPRGHORVFRQFDMyQ
FDOHQWDGRUHOpFWULFRDQWHVGHUHDOL]DU
FXDOTXLHUFODVHGHDMXVWHOLPSLH]DR
UHSDUDFLyQGHVFRQHFWHODFRQH[LyQ
HOpFWULFDGHODFRFLQDGHVGHHOSDQHO
GHGLVWULEXFLyQGRPpVWLFRTXLWDQGRHO
IXVLEOHRGHVFRQHFWDQGRHOLQWHUUXSWRU
GHFLUFXLWRV9HULILTXHTXHHOHOHPHQWR
FDOHQWDGRUGHOFDMyQHVWpIUtR
/DPD\RUtDGHODOLPSLH]DVHSXHGHUHDOL]DUFRQ
HOFDMyQHQVXOXJDU6LQHPEDUJRHOFDMyQVH
SXHGHUHPRYHUVLHVQHFHVLWDPiVOLPSLH]D
3DUDUHPRYHUHOFDMyQFDOHQWDGRU
-DOHHOFDMyQKDFLDDIXHUDKDVWDTXHVH
GHWHQJD
3UHVLRQHHOVHJXURGHODFRUUHGHUD
L]TXLHUGDKDFLDDUULED\HOVHJXURGHOD
FRUUHGHUDGHUHFKDKDFLDDEDMRPLHQWUDV
VLJXHMDODQGRHOFDMyQKDVWDOLEHUDUOR
3DUDUHHPSOD]DUHOFDMRQFDOHQWDGRU
&RORTXHHOULHOL]TXLHUGRGHOFDMyQHQODJXtD
LQWHUQDGHODFRUUHGHUDL]TXLHUGD\GHVOLFH
VXDYHPHQWHKDVWDHQJDQFKDUOR
&RORTXHHOULHOGHUHFKRGHOFDMyQHQODJXtD
LQWHUQDGHODFRUUHGHUDGHUHFKD\GHVOLFH
VXDYHPHQWHKDVWDHQJDQFKDUOR
'HVOLFHHOFDMyQKDVWDFHUUDUOR
9HQWLODFLyQGHOKRUQR
(QPRGHORVGHFXELHUWDGHFULVWDOHOKRUQRHV
YHQWLODGRDWUDYpVGHXQDDEHUWXUDHQODSDUWH
SRVWHULRUGHODFXELHUWD
(QPRGHORVGHFRFLQDVFRQERELQDVHOKRUQR
HVYHQWLODGRDWUDYpVGHXQDDEHUWXUDGHEDMR
GHXQDGHODVXQLGDGHVVXSHUILFLDOHVWUDVHUDV
1XQFDFXEUDODDEHUWXUDFRQSDSHODOXPLQLRR
FXDOTXLHURWURPDWHULDO
*($SSOLDQFHVFRP
6XSHUILFLHVSLQWDGDVHQDOJXQRVPRGHORV
/DVVXSHUILFLHVSLQWDGDVLQFOX\HQORVODGRVGHODFRFLQD
\ODSXHUWDODSDUWHVXSHULRUGHOSDQHOGHFRQWURO\HO
IUHQWHGHOFDMyQ/tPSLHODVFRQMDEyQ\DJXDRFRQXQD
VROXFLyQGHDJXD\YLQDJUH
1RXWLOLFHOLPSLDGRUHVGHKRUQRFRPHUFLDOHVSROYRV
OLPSLDGRUHVHVSRQMLOODVGHDFHURRDEUDVLYRVSRWHQWHV
VREUHFXDOTXLHUVXSHUILFLHSLQWDGD
6XSHUILFLHVGHDFHURLQR[LGDEOHHQDOJXQRVPRGHORV
1RXWLOLFHDOPRKDGLOODVGHDFHURSRUTXH
UD\DQODVXSHUILFLH
3DUDOLPSLDUODVXSHUILFLHGHDFHURLQR[LGDEOH
XWLOLFHDJXDWLELDMDERQRVDRXQOLPSLDGRUR
OXVWUDGRUGHDFHURLQR[LGDEOH6LHPSUHOLPSLH
ODVXSHUILFLHHQGLUHFFLyQGHODYHWD6LJDODV
LQVWUXFFLRQHVGHOSURGXFWRSDUDOLPSLDUOD
VXSHUILFLHGHDFHURLQR[LGDEOH
3DUDFRQVXOWDUVREUHODFRPSUDGHOLPSLDGRUHV
ROXVWUDGRUHVGHDSDUDWRVGHDFHURLQR[LGDEOH
RSDUDHQFRQWUDUODXELFDFLyQGHOGLVWULEXLGRU
PiVFHUFDQRDVXGRPLFLOLROODPHDQXHVWUR
Q~PHURJUDWXLWR
&HQWURQDFLRQDOGHUHSXHVWRV
*($SSOLDQFHVFRP
9LGULRGHYHQWDQDHQDOJXQRVPRGHORV
3DUDOLPSLDUODSDUWHH[WHUQDGHOYLGULRGH
SXHUWDXVHXQOLPSLDGRUGHYLGULRV6HTXH\
OLPSLHFRQXQSDxRVHFR
&yPROLPSLDUODHVWXIDGHYLGULRHQDOJXQRVPRGHORV
/LPSLH]DQRUPDOGHXVRGLDULR
6Ï/2XWLOLFHHOOLPSLDGRUGHHVWXIDVFHUiPLFDV
&(5$0$%5<7(ŠHQODHVWXIDGHYLGULR2WUDV
FUHPDVSXHGHQQRVHUWDQHIHFWLYDV
3DUDPDQWHQHU\SURWHJHUODVXSHUILFLHGHVX
HVWXIDGHYLGULRVLJDHVWRVSDVRV
$QWHVGHXVDUODHVWXIDSRUSULPHUDYH]
OtPSLHODFRQHOOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(Š(VWRD\XGDD
SURWHJHUODHVWXID\KDFHODOLPSLH]DPiV
VHQFLOOD
/LPSLHODHVWXIDGHVSXpV
GHFDGDGHUUDPH8WLOLFH
HOOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(Š
(OXVRGLDULRGHOOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(ŠD\XGDUiD
TXHODHVWXIDTXHGHFRPRQXHYD
$JLWHELHQODFUHPDGHOLPSLH]D$SOLTXH
XQDVJRWDVGHOOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(ŠGLUHFWDPHQWH
VREUHODHVWXID
8WLOLFHXQDWRDOODGHSDSHORXQSDxRGH
OLPSLH]D&(5$0$%5<7(ŠSDUDHVWXIDV
FHUiPLFDVSDUDOLPSLDUWRGDODVXSHUILFLH
GHODHVWXID
8VHXQSDxRVHFRRXQDWRDOODGHSDSHO
SDUDTXLWDUORVUHVWRVGHOOLPSLDGRU1R
KDFHIDOWDHQMXDJDU
127$(VPX\LPSRUWDQWHTXH12&$/,(17(
ODHVWXIDKDVWDTXHODKD\DOLPSLDGRSRU
FRPSOHWR
5HVLGXRVSHJDGRV
$'9(57(1&,$8VWHGSXHGH
'$³$5ODVXSHUILFLHGHYLGULRVLXWLOL]D
HVSRQMLOODVTXHQRVHDQODVUHFRPHQGDGDV
'HMHHQIULDUODHVWXID
&RORTXHXQDVJRWDVGHOOLPSLDGRUGH
HVWXIDVFHUiPLFDV&(5$0$%5<7(Š
VREUHWRGDHOiUHDGHUHVLGXRVSHJDGRV
8WLOLFHXQSDxRGHOLPSLH]D&(5$0$
%5<7(ŠSDUDHVWXIDVFHUiPLFDV
8WLOL]DQGRHOSDxRGHOLPSLH]D&(5$0$
%5<7(ŠSDUDHVWXIDVFHUiPLFDVLQFOXLGR
IURWHHOiUHDVXFLDDSOLFDQGRSUHVLyQ
VHJ~QVHDQHFHVDULR
5HVLGXRVSHJDGRVUHEHOGHV
'HMHHQIULDUODHVWXID
8WLOLFHHOUDVSDGRUGHILOR~QLFRDXQ
iQJXORDSUR[LPDGRGHGHJUHHV
FRQWUDODVXSHUILFLHGHOYLGULR\UDVSHOD
VXFLHGDG3XHGHVHUQHFHVDULRDSOLFDU
SUHVLyQDOUDVSDGRUSDUDTXLWDUOD
VXFLHGDG
(OUDVSDGRUGHHVWXIDVFHUiPLFDV
&(5$0$%5<7(Š\WRGRVORV
LQVXPRVUHFRPHQGDGRVVH
HQFXHQWUDQGLVSRQLEOHVHQ
QXHVWUR&HQWURGH5HSXHVWRV
9HULQVWUXFFLRQHVEDMRODVHFFLyQ
´3DUDVROLFLWDUUHSXHVWRVµHQOD
SiJLQDVLJXLHQWH
127$1RXWLOLFHKRMDVGHVDILODGDV
RGDxDGDV
'HVSXpVGHXWLOL]DUHOUDVSDGRUFRORTXH
XQDVJRWDVGHOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(ŠVREUHWRGD
HOiUHDGHVXFLHGDGTXHPDGD8WLOLFHHO
SDxRGHOLPSLH]D&(5$0$%5<7(ŠSDUD
TXLWDUODVXFLHGDGUHVWDQWH
3DUDSURWHFFLyQDGLFLRQDOGHVSXpVGH
KDEHUTXLWDGRWRGRVORVUHVWRVSXOD
WRGDODVXSHUILFLHFRQOLPSLDGRUGH
HVWXIDVFHUiPLFDV&(5$0$%5<7(Š\
XQDWRDOODGHSDSHO
6LTXHGDQUHVWRVUHSLWDORVSDVRV
LQGLFDGRVFRQDQWHULRULGDG
3DUDSURWHFFLyQDGLFLRQDOGHVSXpVGH
KDEHUTXLWDGRWRGRVORVUHVWRVSXOD
WRGDODVXSHUILFLHFRQOLPSLDGRUGH
HVWXIDVFHUiPLFDV&(5$0$%5<7(Š\
XQDWRDOOD
GHSDSHO
*($SSOLDQFHVFRP
0DUFDVGHPHWDO\UD\RQHV
7HQJDFXLGDGRGHQRGHVOL]DUROODV\
VDUWHQHVDWUDYpVGHVXHVWXID'HMDUi
PDUFDVGHPHWDOVREUHODVXSHUILFLHGHOD
HVWXID
(VWDVPDUFDVSXHGHQTXLWDUVHXWLOL]DQGR
OLPSLDGRUGHHVWXIDVFHUiPLFDV&(5$0$
%5<7(ŠFRQHOSDxRGHOLPSLH]D&(5$0$
%5<7(ŠSDUDHVWXIDVFHUiPLFDV
6LVHSHUPLWHTXHROODVFRQXQDFDSDILQD
GHDOXPLQLRRFREUHKLHUYDQHQVHFROD
FDSDSXHGHGHMDUXQDGHFRORUDFLyQ
QHJUDHQODHVWXID
(VWRGHEHTXLWDUVHGHLQPHGLDWRDQWHV
GHFDOHQWDUGHQXHYRRODGHFRORUDFLyQ
SXHGHOOHJDUDVHUSHUPDQHQWH
$'9(57(1&,$
9HULILTXHFRQ
GHWHQLPLHQWRTXHODEDVHGHODVROODVQRVHD
iVSHUDSDUDQRUD\DUODHVWXID
6HOODGRGHODHVWXID
3DUDOLPSLDUHOVHOODGRGHODHVWXIDDOUHGHGRU
GHORVERUGHVGHYLGULRFRORTXHXQSDxR
K~PHGRVREUHORVPLVPRVGXUDQWHXQRV
PLQXWRV\OXHJROLPSLHFRQOLPSLDGRUHVQR
DEUDVLYRV
6XSHUILFLHGHYLGULRSRVLELOLGDGHVGHGDxRSHUPDQHQWH
/RVGHUUDPHVD]XFDUDGRV
FRPRJHODWLQDVGXOFH
FDUDPHORMDUDEHVRSOiVWLFRV
GHUUHWLGRVSXHGHQPDUFDU
ODVXSHUILFLHGHODHVWXIDQR
FXELHUWRSRUODJDUDQWtDD
PHQRVTXHHOGHUUDPHVH
TXLWHPLHQWUDVHVWiFDOLHQWH
'HEHWHQHUVHPXFKRFXLGDGR
DOUHPRYHUVXVWDQFLDV
FDOLHQWHV
$VHJ~UHVHGHXWLOL]DUXQ
UDVSDGRUQXHYR\DILODGR
1RXWLOLFHKRMDVGHVDILODGDVR
GDxDGDV
'DxRVSRUGHUUDPHVD]XFDUDGRV\SOiVWLFRGHUUHWLGR
$
SDJXHWRGDVODVXQLGDGHVGHVXSHUILFLH
4XLWHODVROODVFDOLHQWHV
8WLOL]DQGRXQJXDQWHGHFRFLQD
D8VHXQUDVSDGRUGHILOR~QLFR
UDVSDGRUSDUDHVWXIDVFHUiPLFDV
&(5$0$%5<7(ŠSDUDGHVSOD]DUHO
GHUUDPHDXQiUHDIUtDGHODHVWXID
1RXVHODVXQLGDGHVGHVXSHUILFLHGH
QXHYRKDVWDTXHWRGRVORVUHVWRVVH
KD\DQHOLPLQDGRSRUFRPSOHWR
127$6LODVXSHUILFLHGHYLGULR\DKDVXIULGR
PDUFDVRKHQGLGXUDVHOYLGULRGHODHVWXID
GHEHUiFDPELDUVH(QHVHFDVRVHUiQHFHVDULDOD
DWHQFLyQGHXQWpFQLFR
E4XLWHHOGHUUDPHFRQWRDOODVGHSDSHO
&XDOTXLHUGHUUDPHUHVWDQWHGHEHGHMDUVH
KDVWDTXHODVXSHUILFLHGHODHVWXIDVHKD\D
HQIULDGR
3DUDVROLFLWDUUHSXHVWRV
3DUDVROLFLWDUHOOLPSLDGRUGHHVWXIDV
FHUiPLFDV&(5$0$%5<7(Š\HOUDVSDGRUGH
HVWXIDVOODPHDQXHVWURQ~PHURJUDWXLWR
&HQWURQDFLRQDOGHSLH]DV /LPSLDGRUGHHVWXIDVFHUiPLFDV&(5$0$
%5<7(Š :;;
5DVSDGRUGHHVWXIDVFHUiPLFDV
&(5$0$%5<7(Š :;;
.LW :%;
(ONLWLQFOX\HODFUHPD\HOUDVSDGRUGHHVWXIDV
3DxRVGHOLPSLH]D&(5$0$%5<7(ŠSDUD
HVWXIDVFHUiPLFDV :;;
$QWHVGHOODPDUDOVHUYLFLRWpFQLFR«
&RQVHMRVSDUDLGHQWLILFDFLyQ\VROXFLyQGHSUREOHPDV
£$KRUUHWLHPSR\GLQHUR/HDODVWDEODVGHODVVLJXLHQWHV
SiJLQDV\TXL]iVQRQHFHVLWHOODPDUDOVHUYLFLRWpFQLFR
3UREOHPD
&DXVDVSRVLEOHV
4XpKDFHU
&XELHUWDV5DGLDQWHV
/DVXQLGDGHVGH
6HHVWiQXWLOL]DQGRUHFLSLHQWHV
VXSHUILFLHQRPDQWLHQHQ GHFRFFLyQLQDGHFXDGRV
XQKHUYRUFRQVWDQWHR
ODFRFFLyQHVOHQWD ‡8VHUHFLSLHQWHVGHEDVHSODQD\TXHVHDMXVWHQ
DOGLiPHWURGHODXQLGDGGHVXSHUILFLHHOHJLGD
/RVHOHPHQWRVGH
(OIXVLEOHSXHGHKDEHUVH
VXSHUILFLHQRIXQFLRQDQ TXHPDGRRHOLQWHUUXSWRUGH
ELHQ
FLUFXLWRVSXHGHKDEHUVDOWDGR
‡&DPELHHOIXVLEOHRYXHOYDDFRQILJXUDUHOLQWHUUXSWRU
GHFLUFXLWRV
/RVFRQWUROHVGHODHVWXID
HVWiQPDOFRQILJXUDGRV
‡9HULILTXHTXHVHKD\DFRQILJXUDGRHOFRQWUROFRUUHFWR SDUDHOHOHPHQWRGHVXSHUILFLHTXHHVWiXWLOL]DQGR
5D\RQHVSXHGHQSDUHFHU
FRPRURWXUDVHQOD
VXSHUILFLHGHYLGULR
GHODHVWXID
6HHVWiQXVDQGRPpWRGRV
GHOLPSLH]DLQFRUUHFWRV
‡/RVUD\RQHVQRSXHGHQUHPRYHUVH/RVUD\RQHVPiVSHTXHxRV
VHYROYHUiQPHQRVYLVLEOHVFRPRUHVXOWDGRGHODOLPSLH]D
6HHVWiQXVDQGRUHFLSLHQWHV
FRQEDVHViVSHUDVRKD\
SDUWtFXODVJUXHVDVVDORDUHQD
HQWUHHOUHFLSLHQWH\ODVXSHUILFLH
GHODHVWXID
‡3DUDHYLWDUUD\RQHVXVHORVSURFHGLPLHQWRVGHOLPSLH]D
UHFRPHQGDGRV9HULILTXHTXHODVEDVHVGHORVUHFLSLHQWHV
HVWpQOLPSLDVDQWHVGHOXVR\XWLOLFHUHFLSLHQWHVFRQEDVHV
OLVDV
6HKDGHVOL]DGRXQUHFLSLHQWHD
WUDYpVGHODVXSHUILFLHGHODHVWXID
ÈUHDVGHGHFRORUDFLyQ
HQODHVWXID
1RVHOLPSLDURQORVGHUUDPHV
GHDOLPHQWRVDQWHVGHOXVR
VLJXLHQWH
6XSHUILFLHFDOLHQWHHQ
XQPRGHORFRQXQDHVWXID
GHFRORUFODUR
‡(VWRHVQRUPDO/DVXSHUILFLHSXHGHSDUHFHUGHFRORUDGD
FXDQGRHVWiFDOLHQWH(VWRHVWHPSRUDO\GHVDSDUHFHUi
DPHGLGDTXHVHHQIUtDHOYLGULR
3OiVWLFRGHUUHWLGR
VREUHODVXSHUILFLH
/DHVWXIDFDOLHQWHHQWUy
HQFRQWDFWRFRQSOiVWLFR
FRORFDGRVREUHODPLVPD
‡9HUODVHFFLyQ6XSHUILFLHGHYLGULRSRVLELOLGDGHVGHGDxR
SHUPDQHQWHHQODVHFFLyQ&yPROLPSLDUODHVWXID
GHYLGULR
‡9HUODVHFFLyQ&yPROLPSLDUODHVWXIDGHYLGULR
0DUFDVRKHQGLGXUDV 6HKDGHUUDPDGRXQDPH]FOD
HQODHVWXID
D]XFDUDGDFDOLHQWHHQODHVWXID
‡/ODPHDXQWpFQLFRFDOLILFDGRSDUDHOUHHPSOD]R
/DVXQLGDGHVGHVXSHUILFLH 6HHVWiQXWLOL]DQGRUHFLSLHQWHV
VHHQFLHQGHQ\DSDJDQ
GHFRFFLyQLQDGHFXDGRV
FRQPXFKDIUHFXHQFLD
‡8VHVyORUHFLSLHQWHVGHEDVHSODQDSDUDPLQLPL]DU
HOHQFHQGLGR\DSDJDGR
/DVXQLGDGHVGHODVXSHUILFLH /DVXQLGDGHVGHODVXSHUILFLHQR
VWiQHQFKXIDGDVGHIRUPDVyOLGD
FRQERELQDQRIXQFLRQDQ
GHIRUPDFRUUHFWD
/DFRQILJXUDFLyQGHORVFRQWUROHV
GHODXQLGDGGHODVXSHUILFLHHVLQFRUUHFWD
‡&RQORVFRQWUROHVDSDJDGRVDVHJ~UHVHGHTXHODXQLGDGGHODVXSHUILFLH
HVWpHQFKXIDGDFRPSOHWDPHQWHHQHOUHFHSWiFXOR
‡$VHJ~UHVHGHTXHHOFRQWUROFRUUHFWRHVWpFRQILJXUDGRSDUDODXQLGDG
GHODVXSHUILFLHTXHHVWiXVDQGR
/DVFXEHWDVGHJRWHRQRHVWiQ
‡&RQHOFRQWURODSDJDGRDVHJ~UHVHGHTXHODFXEHWDGHJRWHR
FRQILJXUDGDVGHIRUPDVHJXUDHQODHVWXID VHHQFXHQWUHHQHOKXHFRGHODHVWXID\TXHODDEHUWXUDGHOD
FXEHWDTXHGHDOLQHDGDFRQHOUHFHSWiFXOR
3UREOHPD
*($SSOLDQFHVFRP
&DXVDVSRVLEOHV
4XpKDFHU
+RUQR7RGRVORVPRGHORV
/DOX]GHOKRUQR
QRIXQFLRQD
/DERPELOODGHOX]HVWiIORMD
RSUHVHQWDGHIHFWRV
‡$MXVWHRFDPELHODERPELOOD
/DOX]GHIXQFLRQDPLHQWR
GHOLQWHUUXSWRUHVWDURWD
‡/ODPHDOVHUYLFLRWpFQLFR
(OKRUQRQRIXQFLRQD
(OHQFKXIHGHODFRFLQD
QRHVWiLQWURGXFLGRGHOWRGR
HQHOWRPDFRUULHQWH
(OIXVLEOHSXHGHKDEHUVH
TXHPDGRRHOLQWHUUXSWRUGH
FLUFXLWRVSXHGHKDEHUVDOWDGR
/RVFRQWUROHVGHOKRUQRHVWiQ
PDOFRQILJXUDGRV
6HTXHGRODSXHUWDHQSRVLFLRQ
EORTXHDGDHQHOFLFORGHDXWR
OLPSLH]D
‡9HULILTXHTXHHOHQFKXIHHOpFWULFRHVWpFRQHFWDGR
DXQWRPDFRUULHQWHFRQWHQVLyQ\DGHFXDGDFRQH[LyQ
DWLHUUD
‡&DPELHHOIXVLEOHRYXHOYDDFRQILJXUDUHOLQWHUUXSWRU
GHFLUFXLWRV
/RVDOLPHQWRVQR
VHKRUQHDQRURVWL]DQ
FRUUHFWDPHQWH
/RVFRQWUROHVGHOKRUQRHVWiQ ‡ 9HUODVHFFLyQ&yPRXVDUHOKRUQR
PDOFRQILJXUDGRV
/DSRVLFLyQGHODEDQGHMDHV
LQFRUUHFWDRQRHVWiQLYHODGD
6HHVWiQXWLOL]DQGRUHFLSLHQWHV ‡ 9HUODVHFFLyQ&yPRXVDUHOKRUQR
GHFRFFLyQLQFRUUHFWRVR
GHWDPDxRLQDSURSLDGR
(OWHUPRVWDWRGHOKRUQRGHEH‡ 9HUODVHFFLyQ$MXVWHHOWHUPRVWDWRGHOKRUQRXVWHG
DMXVWDUVH
PLVPR
/RVDOLPHQWRVQR
VHDVDQGHPDQHUD
DGHFXDGD
(OKRUQRQRHVWDFRQILJXUDGR
HQ%52,/$VDU
‡ (QPRGHORVFRQXQDSHULOODGHWHPSHUDWXUDDVHJ~UHVHGHJLUDU
ODPLVPDWRWDOPHQWHKDVWDODSRVLFLyQ%52,/$VDU(QPRGHORV
FRQODWHFOD%52,/+,/2$VDU$OWR%DMRDVHJXUHVHGHTXHHVWpDFWLYDGD
6HHVWiXVDQGRXQDSRVLFLyQ
GHEDQGHMDLQDGHFXDGD
‡ 9HUOD*XtDGHDVDGR
/RVUHFLSLHQWHVQRVRQ
DGHFXDGRVSDUDDVDU
‡ 3DUDPHMRUHVUHVXOWDGRVXWLOLFHXQUHFLSLHQWHGLVHxDGR
SDUDDVDGR
/DVRQGDHVWiHQFKXIDGD
GHQWURGHODVDOLGDGHOKRUQR
HQDOJXQRVPRGHORV
‡ 'HVHQFKXIH\TXLWHODVRQGDGHOKRUQR
(QDOJXQDVUHJLRQHVODHQHUJtD ‡ 3UHFDOLHQWHHOHOHPHQWRSDUDDVDUGXUDQWHPLQXWRV
YROWDMHSXHGHVHUEDMD
‡ $VHSRUHOSHUtRGRGHWLHPSRPiVSURORQJDGRTXH
VHUHFRPLHQGHHQOD*XtDGHDVDGR
‡9HUODVHFFLyQ&yPRXVDUHOKRUQR
‡VLHVQHFHVDULRHVSHUHDTXHHOKRUQRVHHQIUtH
OXHJRGHVWUDEHODSXHUWD
‡ 9HUODVHFFLyQ&yPRXVDUHOKRUQR
6HxDOHVHQHOFRQWURO 2OYLGRLQJUHVDUODWHPSHUDWXUD ‡ 3UHVLRQHODWHFOD%$.(\ODWHPSHUDWXUHGHVHDGDRODWHFOD
GHVSXHVGHWHFOHDU
GHKRUQHDGRRWLHPSR
GH6(/)&/($1\HOWLHPSRGHOLPSLH]DGHVHDGR
&RRNLQJWLPHR'HOD\VWDUW
/DSDQWDOODSDUSDGHD
´E$GµGHVSXpV´OLQ(µ
FRQXQWRQRDOWR
/DLQVWDODFLyQFRQHFWDGD
GHODFDVDDODXQLGDG
HVWiPDOFRQHFWDGD
‡ &RQWDFWHDOLQVWDODGRURHOHFWULFLVWDSDUDFRUUHJLU
ODFRQH[LyQLQFRUUHFWD
(OFDMyQFDOHQWDGRU
QRIXQFLRQD
8QIXVLEOHSXHGHHVWDUIXQGLGR ‡ 5HHPSODFHHOIXVLEOHRHQFLHQGDHOLQWHUUXSWRUGHVREUHFDUJD
HQVXFDVDRVHDFFLRQR
HOLQWHUUXSWRUGHVREUHFDUJD
(OKRUQRHVWiHQDXWROLPSLH]D ‡ (VSHUHDTXHHOFLFORGHDXWROLPSLH]DWHUPLQH\HOKRUQRVHHQIULH
/RVFRQWUROHVHVWiQ
DMXVWDGRVLQFRUUHFWDPHQWH
‡ 9HDODVHFFLRQGHXVDUHOFDMRQFDOHQWDGRU
$QWHVGHOODPDUDOVHUYLFLRWpFQLFR«
&RQVHMRVSDUDLGHQWLILFDFLyQ\VROXFLyQGHSUREOHPDV
3UREOHPD
&DXVDVSRVLEOHV
4XpKDFHU
&RQGHQVDFLyQH[FHVLYD /LTXLGRHQHOFDMRQFDOHQWDGRU
HQHOFDMRQFDOHQWDGRU $OLPHQWRVGHVFXELHUWRV
‡ 5HPXHYDOtTXLGRV
7HPSHUDWXUDDMXVWDGD
GHPDVLDGRDOWR
‡ 5HGX]FDODWHPSHUDWXUDSURJUDPDGD
6HVHFDODFRPLGDHQ
HOFDMyQFDOHQWDGRU
3HUGLGDGHKXPHGDG
‡ &XEUDORVDOLPHQWRVFRQXQDWDSDRFRQSDSHODOXPLQLR
/DWHPSHUDWXUD
(OWHUPRVWDWRGHOKRUQRGHEH
GHOKRUQRHVPX\DOWD DMXVWDUVH
RPX\EDMD
‡ &XEUDORVDOLPHQWRVFRQXQDWDSDRFRQSDSHODOXPLQLR
‡ 9HUODVHFFLyQ$MXVWHHOWHUPRVWDWRGHOKRUQRXVWHG
PLVPR
/DSDQWDOODTXHGD
HQEODQFR
(OUHORM\HOWHPSRUL]DGRU
QRIXQFLRQDQ
(OIXVLEOHSXHGHKDEHUVHTXHPDGR ‡ &DPELHHOIXVLEOHRYXHOYDDFRQILJXUDUHOLQWHUUXSWRU
RHOLQWHUUXSWRUGHFLUFXLWRV
GHFLUFXLWRV
SXHGHKDEHUVDOWDGR
(OUHORMVHHQFXHQWUDHQ
‡ 9HUODVHFFLyQGH&DUDFWHUtVWLFDVHVSHFLDOHVGH
HOPRGRVLQYLVXDOL]DFLyQ
ORVFRQWUROHVGHOKRUQR
(OHQFKXIHGHODFRFLQDQRHVWi
‡ 9HULILTXHTXHHOHQFKXIHHOpFWULFRHVWpFRQHFWDGRDXQ
LQWURGXFLGRGHOWRGRHQHOWRPDFRUULHQWHWRPDFRUULHQWHFRQWHQVLyQ\DGHFXDGDFRQH[LyQDWLHUUD
(OIXVLEOHSXHGHKDEHUVH
‡ &DPELHHOIXVLEOHRYXHOYDDFRQILJXUDUHOLQWHUUXSWRU
TXHPDGRRHOLQWHUUXSWRU
GHFLUFXLWRV
GHFLUFXLWRVSXHGHKDEHUVDOWDGR
/DSXHUWDGHOKRUQR
WRUFLGD
/RVFRQWUROHVGHOKRUQRHVWiQ
PDOFRQILJXUDGRV
/DSXHUWDQRHVWiELHQ
DOLQHDGD
‡ 'DGRTXHODSXHUWDGHOKRUQRHVGHVPRQWDEOHDYHFHVHVWi
VHGHVHTXLOLEUDGXUDQWHODLQVWDODFLyQ
‡ 3DUDHQGHUH]DUODSXHUWDSUHVLRQHKDFLDDEDMRVREUHODHVTXLQD
VXSHULRU
(OKRUQRKDFH
UXLGRVFOLFV
(VWHHVHOVRQLGRGHODUHVLVWHQFLD ‡ (VWRHVQRUPDO
DSDJDQGRVHRGXUDQWHODV
IXQFLRQHVGHFRFLQDGR
´)³µ\XQQ~PHUR
ROHWUDGHVWHOODQ
HQODSDQWDOOD
+D\XQFyGLJRGHHUURU
GHIXQFLyQ
‡ 3UHVVWKH&/($52))SDG3XWWKHRYHQEDFNLQWRRSHUDWLRQ
‡ 'HVHQFKXIHHOKRUQRSRUORPHQRVVHJXQGRV\OXHJR
,IWKHIXQFWLRQFRGHUHSHDWV
‡ 'LVFRQQHFWDOOSRZHUWRWKHUDQJHIRUDWOHDVW
YXHOYDDHQFKXIDUOR6LHOFyGLJRGHHUURUGHIXQFLyQ
VHUHSLWHOODPHDOVHUYLFLRWpFQLFR
‡ 2QVHOIFOHDQLQJPRGHOVLIDIXQFWLRQHUURUFRGH
DSSHDUVGXULQJWKHVHOIFOHDQLQJF\FOHFKHFNWKHRYHQ
GRRUODWFK7KHODWFKPD\KDYHEHHQPRYHGLIRQO\
VOLJKWO\IURPWKHORFNHGSRVLWLRQ0DNHVXUHWKHODWFK
LVPRYHGWRWKHULJKWDVIDUDVLWZLOOJR3UHVVWKH
&/($52))SDG$OORZWKHRYHQWRFRROIRURQHKRXU
3XWWKHRYHQEDFNLQWRRSHUDWLRQ
&RUWHGHHQHUJtD
&RUWHGHHQHUJtDRVXELGD
GHWHQVLyQ
‡ 9HUODVHFFLyQ&yPRXVDUHOWHPSRUL]DGRUGHFRFLQD
‡ 5HFRQILJXUHHOUHORM6LHOKRUQRHVWDEDHQXVRXVWHG
GHEHUHFRQILJXUDUORSUHVLRQDQGRHOERWyQ&/($52))
ERUUDUDSDJDGRFRQILJXUDQGRHOUHORM\
UHFRQILJXUDQGRFXDOTXLHUIXQFLyQGHFRFFLyQ
$FFHVRULRV
*($SSOLDQFHVFRP
¢'HVHDDOJRPiV"1RWRGRVORVDFFHVRULRVVHHQFXHQWUDQGLVSRQLEOHVSDUDWRGRV
ORVPRGHORV
8VWHGSXHGHHQFRQWUDUHVWRVDFFHVRULRV\PXFKRVPiVHQ*($SSOLDQFHVFRPROODPHDO
HQKRUDULRGHWUDEDMRQRUPDO7HQJDOLVWRHOQ~PHURGHPRGHOR
5HMLOODV
&DEH]DOHVRWDSDVGH
TXHPDGRUHVGHVXSHUILFLH
3HULOODV
(OHPHQWRVGHVXSHUILFLH\
EDQGHMDVFROHFWRUDV
R
%DQGHMDVGHOKRUQR
(OHPHQWRVGHOKRUQR
%RPELOODVGHOX]
3DUULOODGHH[WHQVLyQ
6LVXPRGHORLQFOX\HXQDSDUULOODGHH[WHQVLyQSXHGHLQFUHPHQWDUODIXQFLRQDOLGDGGHVXDOFDQFHDODGTXLULUSDUULOODVGHH[WHQVLyQDGLFLRQDOHV9LVLWHZZZJHDSSOLDQFHSDUWV
FRPROODPHDO\RUGHQHODSLH]DQ~PHUR:%76HGHEHWHQHUHQFXHQWDTXHODVSDUULOODVGHH[WHQVLyQQRFRUUHVSRQGHQDWRGRVORVWLSRVGHPRGHORV
£3UXHEHHVWRVRWURVH[FHOHQWHVSURGXFWRVSDUDTXHVXFRFLQDVHYHDHVWXSHQGD
.LWGHOLPSLH]D
GHDQDIHV
YLWURFHUiPLFRV
,QFOX\HOLPSLDGRU
UDVTXHWD\SDxR
7RDOOLWDV
GHOLPSLH]D
GHDQDIHV
YLWURFHUiPLFRV
7RDOOLWDVSDUD
SXOLUDUWHIDFWRV
GHDFHUR
LQR[LGDEOH
/LPSLDGRU
GHDUWHIDFWRV
GHDFHUR
LQR[LGDEOH
:;;*&6
:;;
:;;
30;
£$SURYHFKHDOPi[LPRVXEDQGHMDSDUDDVDU1RSDUDXVDUFRQPRGHORVGHFDMyQDVDGRU
£8WLOLFHVXEDQGHMD\WDSDGHUHMLOODSDUDDVDUKDPEXUJXHVDVIUXWRVGHPDUILOHWHVYHJHWDOHVSDQFHWD
FRVWLOODV\PXFKRPiV/DEDQGHMDLQIHULRUUHWLHQHHOH[FHVRGHJUDVDV\DFHLWHV
‡3LH]D*(JHQXLQD
‡)iFLOGHOLPSLDU
‡*DUDQWtDGHXQDxR
£2IHUWDGHWLHPSROLPLWDGR£(QYtRVLQFDUJR
&XDQGRVROLFLWHODEDQGHMDSDUDDVDUGHQWURGHORVGtDVGHKDEHUDGTXLULGRVXSURGXFWRGHFRFLQD*(
1ƒGHSLH]D
'LPHQVLRQHV
3HTXHxD
:%;
µ$[µ$[µ3
*UDQGH
:%;
µ$[µ$[µ3
([WUDJUDQGH
:%;
µ$[µ$[µ3
/DEDQGHMDSDUDDVDUJUDQGHHVWiQGDUQRHQWUDHQFRFLQDVGHSXOJDGDV
/DEDQGHMDH[WUDJUDQGHQRHQWUDHQKRUQRVGHSDUHGHVGHSXOJDGDVHPSRWUDGDVGHSXOJDGDVRFRFLQDVGHSXOJDGDV
/ODPHDORXWLOLFHHVWHIRUPXODULRSDUDHQYLDUVXVROLFLWXGSRUFRUUHR
*(3DUWV32%R[0HPSKLV71
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
)RUPXODULRGHVROLFLWXGGHODEDQGHMDSDUDDVDU
&DQWLGDG BBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB 1~PHURGHSLH]DBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
1~PHURGHPRGHORBBBBBBBBBBBB 1~PHURGHVHULH BBBBBBBBBBBBBBBB 0DUFDBBBBBBBBBBBBBB )HFKDGHFRPSUDBBBBBBBBB
1RPEUH BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $SHOOLGRBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'LUHFFLyQ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&LXGDG BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (VWDGRBBBBBBBBBB &yGLJR3RVWDOBBBBBBBBBBBBBBBBBBBBBBBBB
7HOpIRQRBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &RUUHRHOHFWUyQLFRBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&KHFN BBBBBB
*LURSRVWDOBBBBBB
3DUDFRQVXOWDUVREUHORVSUHFLRVDFWXDOHVOODPHDO7RGDVODVyUGHQHVFRQWDUMHWDGHFUpGLWRVHGHEHUiQUHDOL]DU
HQIRUPDWHOHIyQLFD
1RWDV
*($SSOLDQFHVFRP
1RWDV
*DUDQWtDGHFRFLQDHOpFWULFDGH*(
7RGRVORVVHUYLFLRVWpFQLFRVGHJDUDQWtDVRQRWRUJDGRVSRUQXHVWURV
&HQWURVGH6HUYLFLRGH)iEULFDRXQWpFQLFRDXWRUL]DGRSRU
&XVWRPHU&DUHŠ3DUDSURJUDPDUHOVHUYLFLRWpFQLFRYLVtWHQRVRQOLQH
HQ*($SSOLDQFHVFRPROODPHDO*(&$5(6
7HQJDHOQ~PHURGHVHULH\GHPRGHORDPDQRFXDQGROODPHSDUD
VROLFLWDUXQVHUYLFLRWpFQLFR
*($SSOLDQFHVFRP
$EURFKHVXUHFLERDTXt
6HQHFHVLWDXQDSUXHED
GHODIHFKDGHFRPSUDRULJLQDOSDUD
REWHQHUVHUYLFLRWpFQLFRFXELHUWRSRU
ODJDUDQWtD
3RUHOSHUtRGRGH *(RWRUJDUi
8QDxR
'HVGHODIHFKDGH
FRPSUDRULJLQDO
)RU3URILOH0RGHOV
)LYH<HDUV
)URPWKHGDWHRIWKH
RULJLQDOSXUFKDVH
&XDOTXLHUSLH]DGHODFRFLQDTXHIDOOHGHELGRDXQGHIHFWRGHORVPDWHULDOHVRPDQRGHREUD
'XUDQWHHVWDJDUDQWtDOLPLWDGDGHXQDxR*(WDPELpQRIUHFHHQIRUPDJUDWXLWDODPDQRGH
REUD\WUDEDMRVHQHOKRJDUSDUDUHHPSOD]DUODSLH]DGHIHFWXRVD
)RU3URILOH0RGHOV
$UHSODFHPHQWJODVVFRRNWRSLILWVKRXOGFUDFNGXHWRWKHUPDOVKRFNGLVFRORURULIWKHSDWWHUQ
ZHDUVRII
$UHSODFHPHQWUDGLDQWVXUIDFHHOHPHQWLILWVKRXOGEXUQRXW
'XULQJWKLVOLPLWHGDGGLWRQDOIRXU\HDUZDUUDQW\\RXZLOOEHUHVSRQVLEOHIRUDQ\ODERURU
LQKRPHVHUYLFH
*(QRFXEULUi
„9LVLWDVDVXKRJDUSDUDHQVHxDUOHDXVDUHOSURGXFWR
„,QVWDODFLyQHQWUHJDRPDQWHQLPLHQWRLQDGHFXDGRV
„'DxRRIDOODVGHOSURGXFWRHQFDVRGHDEXVRXVR
LQDGHFXDGRXVRSDUDRWURVSURSyVLWRVTXHQRVHDQHO
DGHFXDGRRXVRFRPHUFLDO
„'DxRVDODHVWXIDGHYLGULRSURYRFDGRVSRUHOXVR
GHOLPSLDGRUHVGLVWLQWRVGHODVFUHPDV\SDxRV
UHFRPHQGDGRV
„'DxRVDODHVWXIDGHYLGULRSURYRFDGRVSRUGHUUDPHV
HQGXUHFLGRVGHPDWHULDOHVD]XFDUDGRVRSOiVWLFRGHUUHWLGR
TXHQRVHOLPSLDURQGHDFXHUGRFRQ
ODVLQVWUXFFLRQHVGHO0DQXDOGHO3URSLHWDULR
„5HHPSOD]RGHIXVLEOHVGRPpVWLFRVRODUHFRQILJXUDFLyQGH
LQWHUUXSWRUHVGHFLUFXLWR
„'DxRVDOSURGXFWRSURYRFDGRVSRUDFFLGHQWHVLQFHQGLRV
LQXQGDFLRQHVRIXHU]DPD\RU
„'DxRVLQFLGHQWDOHVRUHVXOWDQWHVSURYRFDGRVSRUSRVLEOHV
GHIHFWRVHQHVWHDUWHIDFWR
„'DxRVSURYRFDGRVGHVSXpVGHODHQWUHJD
„8QSURGXFWRQRDFFHVLEOHSDUDSUHVWDUHOVHUYLFLRWpFQLFR
VROLFLWDGR
(;&/86,Ï1'(*$5$17Ë$6,03/Ë&,7$6³6X~QLFR\H[FOXVLYRUHFXUVRHVODUHSDUDFLyQGHOSURGXFWRFRPR
VHHVWDEOHFHHQODSUHVHQWH*DUDQWtD/LPLWDGD/DVJDUDQWtDVLPSOtFLWDVLQFOX\HQGRJDUDQWtDVGHFRPHUFLDELOLGDG
\DSWLWXGSDUDXQREMHWLYRSDUWLFXODUVHHQFXHQWUDQOLPLWDGDVDXQDxRRDOSHUtRGRPiVFRUWRSHUPLWLGRSRUODOH\
(VWDJDUDQWtDVHH[WLHQGHDOFRPSUDGRURULJLQDO\FXDOTXLHUGXHxRSRVWHULRUSDUDSURGXFWRVDGTXLULGRVSDUD
XVRGRPpVWLFRGHQWURGHORV((886LHOSURGXFWRVHHQFXHQWUDHQXQDUHJLyQGRQGHQRKD\6HUYLFLR7pFQLFR
DXWRUL]DGRGH*(XVWHGVHUiUHVSRQVDEOHGHOFRVWRGHOYLDMHRXVWHGSXHGHWHQHUTXHOOHYDUHOSURGXFWRDXQ
6HUYLFLR7pFQLFR$XWRUL]DGRGH*(SDUDHIHFWXDUODUHSDUDFLyQ(Q$ODVNDODJDUDQWtDH[FOX\HHOFRVWRGHHQYtRR
YLVLWDVSDUDHIHFWXDUDUUHJORVHQVXKRJDU
$OJXQRVHVWDGRVQRSHUPLWHQODH[FOXVLyQROLPLWDFLyQGHGDxRVLQFLGHQWDOHVRUHVXOWDQWHV(VWDJDUDQWtD
OHRWRUJDGHUHFKRVOHJDOHVHVSHFtILFRV\XVWHGSXHGHFRQWDUFRQRWURVGHUHFKRVTXHSXHGHQYDULDUGHHVWDGRD
HVWDGR3DUDFRQRFHUVXVGHUHFKRVOHJDOHVFRQVXOWHDVXRILFLQDGHOFRQVXPLGRUORFDORHVWDWDO
RDO)LVFDO*HQHUDOGHVXHVWDGR
*DUDQWH*HQHUDO(OHFWULF&RPSDQ\/RXLVYLOOH.<
$SR\RDOFOLHQWH
3iJLQD:HEGH*($SSOLDQFHV
*($SSOLDQFHVFRP
¢7LHQHDOJXQDSUHJXQWDVREUHVXHOHFWURGRPpVWLFR"£3UXHEHODSiJLQD:HEGH*($SSOLDQFHVKRUDVDOGtD
FXDOTXLHUGtDGHODxR3DUDPD\RUFRQYHQLHQFLD\VHUYLFLRPiVUiSLGR\DSXHGHGHVFDUJDUORV0DQXDOHV
GHORV3URSLHWDULRVSHGLUSLH]DVRLQFOXVRKDFHUXQDFLWDHQOtQHDSDUDTXHYHQJDQDUHDOL]DUXQDUHSDUDFLyQ
6ROLFLWHXQDUHSDUDFLyQ
*($SSOLDQFHVFRP
(OVHUYLFLRGHH[SHUWRV*(HVWiDWDQVyORXQSDVRGHVXSXHUWD£(QWUHHQOtQHD\VROLFLWHVXUHSDUDFLyQFXDQGR
OHYHQJDFXDOTXLHUGtDGHODxR2OODPHDO*(&$5(6GXUDQWHKRUDVQRUPDOHVGHRILFLQD
5HDO/LIH'HVLJQ6WXGLR(VWXGLRGHGLVHxRSDUDODYLGDUHDO
*($SSOLDQFHVFRP
*(DSR\DHOFRQFHSWRGH'LVHxR8QLYHUVDO³SURGXFWRVVHUYLFLRV\DPELHQWHVTXHSXHGHQXVDUJHQWHGHWRGDV
ODVHGDGHVWDPDxRV\FDSDFLGDGHV5HFRQRFHPRVODQHFHVLGDGGHGLVHxDUSDUDXQDJUDQJDPDGHKDELOLGDGHV
\GLILFXOWDGHVItVLFDV\PHQWDOHV3DUDPiVGHWDOOHVFREUHODVDSOLFDFLRQHVGH*('LVHxR8QLYHUVDOLQFOX\HQGR
LGHDVGHGLVHxRSDUDODFRFLQDSDUDSHUVRQDVFRQGLVFDSDFLGDGHVPLUHQXHVWUDSiJLQD:HEKR\PLVPR
3DUDSHUVRQDVFRQGLILFXOWDGHVDXGLWLYDVIDYRUGHOODPDUDO7''*($&
*DUDQWtDVDPSOLDGDV
*($SSOLDQFHVFRP
&RPSUHXQDJDUDQWtDDPSOLDGD\REWHQJDGHWDOOHVVREUHGHVFXHQWRVHVSHFLDOHVGLVSRQLEOHVPLHQWUDVVXJDUDQWtD
HVWiD~QDFWLYD3XHGHFRPSUDUODHQOtQHDHQFXDOTXLHUPRPHQWRROODPDUDOGXUDQWHKRUDV
QRUPDOHVGHRILFLQD*(&RQVXPHU+RPH6HUYLFHVHVWDUiD~QDKtFXDQGRVXJDUDQWtDWHUPLQH
3LH]DV\DFFHVRULRV
*($SSOLDQFHVFRP
$TXHOORVLQGLYLGXRVFRQODFDOLILFDFLyQQHFHVDULDSDUDUHSDUDUVXVSURSLRVHOHFWURGRPpVWLFRVSXHGHQ
SHGLUTXHVHOHVPDQGHQODVSLH]DVRDFFHVRULRVGLUHFWDPHQWHDVXVKRJDUHVDFHSWDPRVODVWDUMHWDV
9,6$0DVWHU&DUG\'LVFRYHU+DJDVXSHGLGRHQOtQHDKR\KRUDVFDGDGtDROODPDUSRUWHOpIRQR
DOGXUDQWHKRUDVQRUPDOHVGHRILFLQD
/DVLQVWUXFFLRQHVGHVFULWDVHQHVWHPDQXDOFXEUHQORVSURFHGLPLHQWRVDVHJXLUSRUFXDOTXLHUXVXDULR&XDOTXLHU
RWUDUHSDUDFLyQGHEHUtDSRUUHJODJHQHUDOUHIHULUVHDSHUVRQDOFDOLILFDGRDXWRUL]DGR'HEHHMHUFHUVHSUHFDXFLyQ
\DTXHODVUHSDUDFLRQHVLQFRUUHFWDVSXHGHQFDXVDUFRQGLFLRQHVGHIXQFLRQDPLHQWRLQVHJXUDV
3yQJDVHHQFRQWDFWRFRQQRVRWURV
*($SSOLDQFHVFRP
6LQRHVWiVDWLVIHFKRFRQHOVHUYLFLRTXHUHFLEHGH*(SyQJDVHHQFRQWDFWRFRQQRVRWURVHQQXHVWUDSiJLQD
:HELQGLFDQGRWRGRVORVGHWDOOHVDVtFRPRVXQ~PHURGHWHOpIRQRRHVFUtEDQRVD
*HQHUDO0DQDJHU&XVWRPHU5HODWLRQV
*($SSOLDQFHV$SSOLDQFH3DUN
/RXLVYLOOH.<
5HJLVWUHVXHOHFWURGRPpVWLFR
*($SSOLDQFHVFRP
£5HJLVWUHVXQXHYRHOHFWURGRPpVWLFRHQOtQHD³FXDQGRXVWHGSUHILHUD(OUHJLVWUDUVXSURGXFWRDWLHPSR
OHSURSRUFLRQDUiVLVXUJLHUDODQHFHVLGDGXQDPHMRUFRPXQLFDFLyQ\XQVHUYLFLRPiVUiSLGREDMRORVWpUPLQRV
GHVXJDUDQWtD7DPELpQSXHGHHQYLDUVXWDUMHWDGHUHJLVWURSUHLPSUHVDTXHVHLQFOX\HHQHOPDWHULDOGH
HPEDODMH