Reestructuración de La Empresa Doe Run Perú

 

’Kûa mb ik uhgvbrskigzk`gðh mb ik skium― 

RHGSBTPGMKM ZBTRKHK IAP KHMBP CK@RI]KM MB @GBH@GKP KMEGHGP]TK]GSKP W @AH]KDIBP BP@RBIK ZTACBPGAHKI MB @AH]KDGIGMKM W CGHKH_KP EAHALTKCGK MB SKIRK@GAH MB BEZTBPKP

TBBP]TR@]RTK@GÐH TBBP]TR@]RT K@GÐH MB IK BEZTBPK MAB TRH ZBTß ZTBPBH]KMA ZAT? •

Kigklk Darok, Hkgmk

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@fa``b Kpkr`a, Ekråk Iugsk

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Bhbra @urksg, Ta`åa Zgikr  Bspghazk Zbrbz, Pkyurg Bigsk

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]upgk @`bhtk, Ibgmy

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Skibh`gk Ekh`giik, ]rumy

MA@BH]B? EL. @Z@@. IBAHBI EKT]GH SKIBH]GH BIGKP FRKH@KWA - ZBTR 4:4;

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Mbmg`ktargk Mbmg`k Mbm g`keas eas bs bstk tk eahalr eahalrkcå kcåkk bh prgeb prgebr  r  iulkr k Mgas par mkrhas ik `kpk`gmkm mb bhtb htbhmge mgegb gbht htaa y k hub ubsstr trkks ck cke egi gigk gkss

par 

 drghmkrhas su kpaya bh tama eaebhta y fk`br mb hubstras måks uha eës mb supbrk`gðh

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Klrkmb`gegbhtas Klrkmb`beas k hubstras ekbstras par iks bhsbûkhzks gepkrtgmks bh iks kuiks mb `iksb y `aepkrtgr sus bxpbrgbh`gks bxpbrgbh`gks..

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GHMG@B Mbmg`ktargk.............................. Mbmg`ktargk........ ............................................ ............................................ ............................................................ ......................................44 Klrkmb`gegbhtas....................... Klrkmb`gegbhtas. ............................................ ............................................ ............................................ .....................................0 ...............0 GH]TAMR@@GÐH............................... GH]TAMR@@GÐH......... ............................................ ............................................ .................................................3 ...........................3 @KZÅ]RIA G............................................ G.................................................................. ............................................ .................................... ......................< ........< ;.;

Ekr`a ]bðr ]bðrg`a.. g`a....... .......... ......... ......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .............. .................. ..........< .<

;.4

Ekr`a iblk iblkii eghb eghbra... ra........ .......... ......... ......... .......... .......... .......... .......... .......... .............. .................. ................... ............< ..<

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]gpas mb `ah` `ah`bsga bsgahbs hbs eghb eghbrks. rks...... .......... ......... ......... .......... .......... .......... .......... ............. ................. .............< ....<

;.=

Ekr`a iblk iblkii sa`g sa`gaa kedg kedgbhtk bhtki..... i.......... ......... ......... .......... .......... .......... .......... .......... .......... .......... ......... ..........6 ......6

@KZG]RIA GG? KH]B@BMBH]B KH]B@BMBH]BP...................... P............................................ ............................................ ................................7 ..........7 4.;

Drb Drbvb vb ffgst gstarg argkk mb Ik A Aray raykk y su mmbp bpbhm bhmbh` bh`gk gk mbi mbi @EIA @EIA.... .......... ............. ........7 .7

4.4

Zbrsahki Zbrsahki bepi bepibkm bkmaa par Mab Tuh Zbrÿ Zbrÿ..... ......... ......... .......... .......... .......... .......... .......... .............; ........;::

@KZG]RIA GGG? G GG? @KAP CGHKH@GBTA............ CGHKH@GBTA.................................. ............................................ ..................................;; ............;; 0.;

@rgsgs mb Mab Tuh Zbrÿ..... Zbrÿ.......... .......... .......... ......... ......... .......... .......... .......... ............ ................. ..................;; ........;;

0.4 0.4

Iks Iks `kusk `kuskss qub mbt mbtbr breg eghk hkra rahh ik ghs ghsai aivb vbh` h`gk gk mb Mab Mab Tuh Zbr Zbrÿÿ bh bi kûa kûa 4::7................................. 4::7........... ............................................ ............................................ ...........................................;; .....................;;

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Eav Eavgeg gegbh bhtas tas ki trktk trktkrr mb ski skivkr vkr MTZ MTZ... ...... ...... ...... ...... ...... ...... ...... ...... ....... ........ ........ ........ ........ .....;4 .;4

0.=

Mgcg`uitkmb Mgcg`uitkmbss qub tuva MTZ...... MTZ........... .......... .......... ......... ......... .......... .......... .......... .......... .......... ..............; .........;44

@KZG]RIA GS? Tbbstru`turk`gðh........................ Tbbstru`turk`gðh.............................................. .................................................... ..............................;0 ;0 =.;

Mb` Mb`gsg gsgðh ðh mb ik ouhtk mb k`rbb k`rbbmar marbs? bs?... ...... ...... ...... ...... ...... ...... ...... ...... ...... ....... ........ ........ ........ ........ .....;0 .;0

=.4

Ksp Kspb`t b`tas as b`ah b`ahðeg ðeg`as `as y cgh cghkh` kh`gbr gbras as mb ik rbbst rbbstru` ru`tur turk`g k`gðh ðh mb mb Mab Mab Tuh Tuh Zbrÿ Zbrÿ ............................................ ...................... ............................................. ............................................. .......................................;= .................;=

=.0

Ki` Ki`kh` kh`bs bs mb ik vb vbhtk htk mmbb k`t k`tgva gvass mb MTZ... MTZ...... ...... ...... ...... ...... ....... ........ ........ ........ ........ ........ .....;= .;=

=.=

Zbr Zbrgam gamaa mb bbvk vkiuk iuk`gð `gðhh pkr pkrkk ik vvkia kiargz rgzk`g k`gðh ðh mb MTZ.... MTZ........ ........ ........ ........ .........; .....;33

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Ciu Ciuoa oa mb apb apbrk` rk`gah gahbs bs `ah `ah prayb prayb``g ``gðh ðh mbi mbi prb` prb`ga ga mb ias ebtk ebtkibs ibs... ...... .....;3 ..;3 =

 

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Ciuoa mb ghvb ghvbrsgah rsgahbs.. bs....... .......... ......... ......... .......... .......... .......... .......... .......... .......... .......... ......... ......... .......... ..........; .....;66

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@kpgtki @kpgtki mb trkdk trkdkoa... oa........ .......... .......... .......... .......... .......... .......... ......... ......... .......... .......... .......... .......... .......... ........... .......;6 .;6

=.7

Adi Adiglk glk`ga `gahbs hbs mb MT MTZ Z `ah sus k` k`rbb rbbmar marbs. bs.... ...... ...... ...... ...... ....... ........ ........ ........ ........ ........ .....;7 .;7

@AH@IRPGAHBP........................... @AH@IRPGAHBP..... ............................................ ............................................ ...................................................44 .............................44 KHBVAP................................. KHBVAP........... ............................................ ............................................ ...........................................................40 .....................................40 Ias gepk`tas sadrb ias sgbtb ck`tarbs kedgbhtkibs?...................................... kedgbhtkibs?......................................42 42 Khëigsgs mbi Zikh mb Kmb`uk`gð Kmb`uk`gðhh Ebmga Kedgbhtki (ZKEK)......................43

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GH]TAMR@@GÐH Rhk mb iks lrkhmbs mbdgigmkmbs mbi Zbrÿ bs ia pa`a qub fk kvkhzkma bi pra`bsa mb mbs`bhtrkigzk`gðh. K bsta sb mbdb qub ias mgvbrsas pradibeks mb iks pravgh`gks ha fkh sgma ktbhmgmas mb ekhbrk ghebmgktk hg bcb`tgvk, sbûki, kmbeës, mb ik lrkh ghmgcbrbh`gk qub bxgstb fk`gk ia qub k`ahtb`b k tkh saia k ; bstb fb`fa iibhð iks partkmks y sgtgas wbd mb ias prgh`gpkibs ebmgas mb `aeuhg`k`gðh, bspb`gkiebhtb `ah tgtuikrbs qub khtb tama eastrkdkh iks pratbstks qub iibvkdkh k `kda ias trkdkokmarbs y ik  padik`gðh mb Ik Arayk k trkvçs mbi diaquba mb ik @krrbtbrk @bhtrki, khtbs qub ghcarekr ki  pÿdig`a sadrb iks vbrmkmbrks rkzahbs qub fkdåkh `ahmu`gma k ik pkrkigzk`gðh, `gbrrb, vbhtk,  pra`bsa `ah`urski `ah`urski y igqugmk` igqugmk`gðh gðh mb k`tgvas mb Mab Tuh Zbrÿ (MTZ). (MTZ). Zar biia, bi adobtgva prgh`gpki mbi prbsbhtb trkdkoa mb ghvbstglk`gðh rbspahmb k ik hb`bsgmkm mb bvkiukr bi bstkma sgtuk`gahki ebmgkhtb uh khëigsgs kedgbhtki y atra b`ahðeg`a, ghtblrkhma tamk ik ghcarek`gðh bxgstbhtb> sadrb ik dksb mb bstas mas kspb`tas mb`gsgvas sb  prapahmrë b gmbhtgcg`krë ik apartuhgmkm mb pahbr hubvkebhtb bh ekr`fk bi hbla`ga eghbraebtkiÿrlg`a, kså `aea taekr iks ebmgmks kedgbhtkibs qub rbslukrmbh, khtb tama, ik skium mb ias fkdgtkhtbs mb ik `gumkm mb Ik Arayk.

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@KZÅ]RIA G ;.;

Ekr`a ]bðrg`a Bh bi prbsbhtb `kpåtuia sb bxpahmrë ik harektgvgmkm eghbrk vglbhtb, qub bstë rbik`gahkmk `ah bi Zikh Bstrktçlg`a ki 4:4; mbi Sg`beghgstbrga mb Eghks. @ah bstk harek, bi Bstkma dus`k uh bqugigdrga bhtrb ias mbrb`fas y adiglk`gahbs mb iks beprbsks eghbrks, eghb rks, rbsp rbspbtkh btkhma ma ki egse egseaa tgbe tgbepa pa ias bstë bstëhmkr hmkrbs bs ghtbrhk`g ghtbrhk`gahki ahkibs bs bh sblurgmkm sblurgmkm,, rbspahskdgigmkm rbspahskdgigm km sa`gki, ebmga kedgbhtb y rbik`gahbs `ah iks `aeuhgmkmbs. Ik apbrk`gðh mbi @EIA bstë harekmk par ik Iby Lbhbrki mb ik Eghbråk y ik Iby Lbhbrki mbi Kedgbhtb.

;.4 Ek Ekrr`a iibblk lkii e egh ghbr braa ]khta bi Zbrÿ `aea atras pkåsbs mb Keçrg`k Iktghk @fgib, Eçxg`a, @aiaedgk y Krlbhtghk fkh eamgcg`kma sus ekr`as iblkibs eghbras k cgh mb rb`gdgr uhk ekyar  ghvbrsgðh pkrk bi sb`tar y kpravb`fkr ik `ayuhturk bxgstbhtb, qub gh`iuåk kspb`tas tkibs `aea `atgzk`gahbs bibvkmks, bibvkmks, bhtrb atras. Bstb ekr`a harek tama bi `g`ia mb uh prayb`ta eghb eg hbra ra,, mb mbsm smbb bi `k `ktb tbaa y pras praspb pb`` ``gð gðh, h, pk pksk skhm hmaa pa parr ik bx bxpi piar ark` k`gð gðh, h, mb mbsk skrr rrai aiia ia,, `ahstru``gðh y bxpiatk`gðh, fkstk bi `gbrrb mb ik eghk (Dk`k ]upkyk`fg, 4:;0, p. 7).

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]gpa ]gpass mb `a `ah` h`bs bsga gahb hbss eg eghb hbrk rkss Ebmgkhtb iks `ah`bsgahbs, bi Bstkma pbrukha atarlk mbrb`fa mb bxpiark`gðh y bxpiatk`gðh mb ias rb`ursas eghbrkibs qub sb bh`ubhtrkh k uhk pracuhmgmkm ghmbcghgmk y igegtkmk bh pikhas vbrtg`kibs. Ha sb atarlk mbrb`fa sadrb ik supbrcg`gb, par ia qub su kpravb kpr avb`fk `fkegb egbhta hta mbd mbdbb sb sbrr hbl hbla`g a`gkma kma `ah su suss pra prapgb pgbtkr tkrgas gas.. Iks `a `ah`b h`bsga sgahbs hbs mb bxpiark`gðh y bxpiatk`gðh sah grrbva`kdibs y ha bxgstbh pikzas, sgbeprb y `ukhma bi tgtuikr `uepik `ah iks sglugbhtbs adiglk`gahbs •

Ik pramu``gðh ha pamrë sbr ebhar qub bi bqugvkibhtb mb uhk RG] ki kûa

 par fb`tërbk atarlkmk mb sustkh`gks ebtëig`ks hg mbi ;:% mb ik RG] RG ] par  <

 

kûa kûa y fb fb`t `tër ërbk bk atar atarlk lkmk mk mb su sust stkh kh`g `gks ks ha ebtë ebtëig ig`k `ks, s, kh khtb tbss mb mbii vbh`gegbhta mbi mç`gea kûa k pkrtgr mbi kûa sglugbhtb mb atarlkmk ik `ah`bsgðh> mb ia `ahtrkrga tbhmrë qub pklkr uhk pbhkigmkm. •

Zkla mb mbrb`fa mb vglbh`gk khuki mb RP$ 0.:: par kûa y fb`tërbk.

Zkrk ik pbqubûk eghbråk bs mb RP$ ;.::, y pkrk ik eghbråk krtbskhki, mb RP$ :.2: par kûa y fb`tërbk saig`gtkmk u atarlkmk. Ik `ah`bsgðh mb trkhspartb eghbra atarlk k su tgtuikr bi mbrb`fa mb ghstkikr y apbrkr uh sgstbek mb trkhspartb eghbra `ahtghua y eksgva.

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Ekr` Ekr`aa ib iblk lkii sa sa`g `gaa ke kedg dgbh bhtk tkii Mbdgma k ik gepartkh`gk mb ias tbeks kedgbhtkibs y sa`gkibs bh bi sb`tar eghbraebtkiÿrlg`a, bs hb`bskrga trktkrias mb ekhbrk bspb`gki. bspb`gki. Bs kså qub bi 46 mb kdrgi mb ;770 sb praeuilð ik Iby Lbhbrki mbi Kedgbhtb ebmgkhtb K ia ikrla mb ias kûas, fk sgma hb`bskrga rbkigzkr eamgcg`ktargks pkrk kmb`ukrik k ias `kedgas y rbqubrgegbhtas mbi sb`tar, y k ias adobtgvas mbi Bstkma. Bh bi Zikh Bstrktçlg`a mbi Sg`beghgstbrga mb Eghks ki 4:4;, pudig`kma bi 0: mb mg`gbedrb mb 4:;:, sb mbcghb `aea uhk mb iks prgargmkmbs mbi sb`tar eboarkr y eambrhgzkr bi ekr`a iblki eghbra, kså `aea ik lbstgðh sa`gki bh iks ërbks mb ghciubh`gk. Zar bstk rkzðh, sb  praeuilk bh havgbedrb mbi kûa 4:;= bi Tblikebhta mb Zratb``gðh Kedgbhtki, qub tgbhb `aea cghkigmkm eëxgek.

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@KZG]RIA GG? KH]B@BMBH]BP Bi prbsbhtb `kpåtuia mbs`rgdb bi pkpbi qub fk mbsbepbûkma bi @aepiboa Ebtkiÿrlg`a mb Ik Arayk (@EIA) bh ik fgstargk mb ik `gumkm mb Ik Arayk, su ghtbrrbik`gðh `ah ik sa`gbmkm y bi mbskrraiia mb bstk k rkåz mb ik iiblkmk mb Mab Tuh Zbrÿ, kså `aea iks k`tgvgmkmbs qub rbkigzk. Bsta tgbhb `aea cghkigmkm `ahtbxtukigzkria mbhtra mbi sb`tar eghbra y mb su  patbh`gki mbskrraiia k cutura, `ahsb`ubh `ahsb`ubh`gk `gk mb ik pramu``gðh mb ebtkibs mb `krk`tbråstg`ks euy pb`uigkrbs bh ebmga mb ias yk`gegbhtas mb eghbrkibs paigebtëig`as mb ik rblgðh mb ik sgbrrk `bhtrki. @aea uhk ghtramu``gðh pkrk bi khëigsgs eës mbtkiikma mb iks k`tgvgmkmbs `ahtkeghkhtbss y mb ias pbroug`gas pkrk ik rblgðh y sadrb tama pkrk ik sa`gbmkm mb ik `gumkm mb `ahtkeghkhtb Ik Arayk, qub sb rbkigzkrë bh ias `kpåtuias pastbrgarbs, sb prbsbhtkh ki cghki mb bstb `kpåtuia ias khtb`bmbhtbs mb ik pradibeëtg`k y bi `ahtbxta sgtuk`gahki.

4.;

Drb Drbvb vb fgst fgstar argk gk mb Ik Ara Arayk yk y su m mbpb bpbhm hmbh` bh`gk gk mb mbii @EIA @EIA Ik Euhg`gpkigmkm Zravgh`gki mb Wkuig Ik Arayk (EZWA, 4:;2)? Ik Arayk bs uhk `gumkm udg`kmk bh ik sgbrrk `bhtrki mbi Zbrÿ k eës mb 0, bs bh ;744 `ukhma ik @brra mb Zks`a @appbr  @arparktgah (@MBZ) sb `ahvgbrtb bh ik prapgbtkrgk ki kmqugrgr tamks iks k``gahbs (EZWA, 4:;2).

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Pblÿh uha mb ias ghlbhgbras bh`krlkmas mbi `gr`ugta mb piaea mb Mab Tuh Zbrÿ, «Ias mubûas mb ik @mbZ tuvgbrah uhk bx`bibhtb vgsgðh, tbhåkh dkoa ik ekhlk ik pasbsgðh ha saia mb iks eghks, ik cuhmg`gðh, ik fgmrabiç`trg`k> bs mb`gr, tama ia qub hb`bsgtkdkh  pkrk apbrkr ghmbpbhmgbhtbebhtb¾. ghmbpbhmgbhtbebhtb¾. Pb eubstrk bh ik cglurk ;.; ik `rahaialåk mb apbrk`gahbs mb ik beprbsk bstkmauhgmbhsb @mbZ murkhtb ias kûas ;744-;7 4,4: y ;,: