Interpretación y Análisis de Los Estados Financieros

 

  –OßK @LC JIDLGPLGOZIK @LC ]LZÖ6 :== OßKT @L IG@L]LG@LGDIO‘  IG@L]LG@LGDIO‘ 

EOD\CPO@ @L DILGDIOT DKGPOJCLT, EIGOGDILZOT Y O@HIGITPZOPIUOT DOZZLZO ]ZKELTIKGOC @L DKGPOJICI@O@ OTIAGOP\ZO 6

OGÏCITIT L IGPLZ]ZLPODIÔG @L CKT

LTPO@KT EIGOGDILZKT 

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IGPLZ]ZLPODIÔG Y OGÏCITIT @L CKT

LTPO@KT EIGOGDILZKT

@KDLGPL

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LVL_\ILC ITOOD, L\TLJIK COZO

DIDCK

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IGPLAZOGPLT 6

DOCCL CCODTOB\OGAO, NKZOYHO A\PILZZLV LGZI_\LV, Z\PB FKZAL ]\TOZI, Y\ZI ITOJLC ]LßO YOFOB\OGDO, ALGKULUO ]IGL@K JODOCCO, @OGILC

DBIHJKPL  —  ]LZÖ  ]LZÖ :=:?  —  I  I

 

  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT

@L@IDOPKZIO _uilrk `l`idorcl lstl trojofk o @iks qul hl `ik co vi`o y ekrtoclzo poro tlrhigor lstl trojofk y o his po`rls pkr lstor obè duog`k hïs cks gldlsitk lg cks hkhlgtks hïs `ieèdicls.

 OAZO@LDIHILGPK  OAZO @LDIHILGPK _uilrk oaro`ldlr o his po`rls pkr co dkgeiogzo qul pkglg lg hi plrskgo> o his `kdlgtls qul hl oyu`og dkg cos igquiltu`ls `urogtl lc `lsorrkcck `l co dcosl.

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  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT

ÈG@IDL IGPZK@\DDIÔG ..................... ............................................ ............................................. ............................................ ............................................. ............................ ..... 0 ?.  IGPLZ]ZLPODIÔG Y OGÏCITIT @L CKT LTPO@KT EIGOGDILZKT ......................  ........................ poro `ioagkstidor co pksidiôg ldkgôhido - eigogdilro `l co lhprlso> y dkg oqulccos dkgdcusikgls co alrlgdio pul`o tkhor `ldisikgls o`lduo`os, dkg lc eig `l hoxihizor co riqulzo ldkgôhido `lc glakdik y co ihoalg dkrpkrotivo. ]oro lstl tipk `l ogïcisis sl gldlsitog pkr ck hlgks cks rlsucto`ks dkgtojcls `l `ks lflrdidiks ldkgôhidks dkg co eigoci`o` `l dkhporor co igekrhodiôg l igtlrprltor co lvkcudiôg eigogdilro eovkrojcl k `lseovkrojcl `l co lhprlso.‘  ?. ?.:. :.

Ihpkrtogdio Ihpkrt ogdio `lc ogï ogïcis cisis is `l lsto`ks eig eigogdilrks6 ogdilrks6  

Tlaög ]lÿo Fihéglz  (:=:=) co ihpkrtogdio ro`ido lg qul jrig`o o igvlrsikgistos k tlrdlrks kjtlglr igekrhodiôg y tkhor `ldisikgls, yo qul prkpkrdikgog igekrhodiôg ötic poro lvocuor lc lsto`k odtuoc `l co lhprlso y o co vlz eodicitog co tkho `l `ldisikgls lg tk`k ck rlcodikgo`k oc airk `lc glakdik y socu` eigogdilro, cks lstks lsto`ks eigogdilrks sl `ivi`lg lg6 ?. Ogïcisis l Igtlrp Igtlrprltodiôg rltodiôg `l cks Lsto`ks Eigo Eigogdilrks6 gdilrks6 Jocogd Jocogdll Alglroc :. Ogïcisis l Igtlrp Igtlrprltodiôg rltodiôg `l cks Lsto`ks Eigo Eigogdilrks6 gdilrks6 Lsto`k `l rlsucto`ks 4. Ogïcisis l Igtlrp Igtlrprltodiôg rltodiôg `l cks Lsto`ks Eigo Eigogdilrks6 gdilrks6 Lst Lsto`k o`k `l ecufks ?. ?.4. 4.

Ulgtofos Ulgtofos `l cks Lsto`ks Eigogdilrks

]lÿo Fihéglz (:=:=), dkg ck rlcodikgo`k ogtlrikrhlgtl, sl `ljl `ldir qul cks lsto`ks eigogdilrks dkhk igstruhlgtk poro co lvocuodiôg `l cks rlg`ihilgtks lg cos dkhpoÿèos rlprlslgt rlprlslgtog og ugo arog utici`o` y dilrtos vlgtofos oc ihpclhlgtorcks, prigdipochlgtl6

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  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT  OGÏCITIT L IGPLZ]ZLPODIÔG @L LTPO@KT EIGOGDILZKT

❕ 

Dkgskci`or co sueidilgtl igekrhodiôg `l co lhprlso poro tkhor `ldisikgls odlrto`os lg su alstiôg.

❕ 

]rkdlsks `l trogsporlgdio lg cks lsto`ks ldkgôhidks `l ugo lhprlso.

❕ 

Tlauir co lvocuodiôg `l co lhprlso dkhporïg`kco dkg oÿks ogtlrikrls.

@ltlrhigor si lxistl ocaög tipk `l `lsofustl lg cos dulgtos k prlsupulst prlsupulstks. ks. ❕  Dkgtor dkg co `kduhlgtodiôg oc `èo poro ocaög pksijcl trïhitl `lgtrk `l co ❕ 

dkhpoÿèo. ?. ?.0. 0.

Lc lsto`k `l situodiôg sit uodiôg eigogdilro eig ogdilro

Tlaög Tlvicco Orios (:=?