Professional Documents
Culture Documents
Transacciones \ Perodo
2012
-164.7
2013
-983.3
2014
-597.4
2012 II
2012 III
9.1
-316.4
2012 IV
-449.8
2013 I
-103.0
2013 II
-684.3
2013 III
-64.6
2013 IV
-116.0
2014 I
511.3
2014 II
284.8
2014 III
2014 IV
-67.3
-1,318.7
2015 I
-906.9
2015 II
-289.1
49.9
-492.5
-67.2
88.4
-303.8
-330.9
-13.5
-540.5
-30.7
92.1
631.2
361.7
16.8
-1,076.8
-756.8
-188.2
24,568.9
24,069.0
25,685.7
25,167.0
26,604.5
26,067.1
6,247.4
6,126.1
6,109.7
5,985.2
5,797.2
5,680.0
6,405.8
6,269.9
6,149.4
6,030.9
6,620.3
6,486.4
6,510.1
6,379.8
6,860.4
6,715.2
7,008.6
6,873.9
6,753.0
6,615.9
5,982.4
5,862.0
5,085.7
4,977.9
5,118.5
5,019.8
Petrleo y derivados
23,764.8
13,792.0
24,847.8
14,107.7
25,732.3
13,302.5
6,050.9
3,603.4
5,907.2
3,371.9
5,601.2
3,014.5
6,194.0
3,520.1
5,952.0
3,236.2
6,404.5
3,951.3
6,297.2
3,400.2
6,635.6
3,560.2
6,791.2
3,680.5
6,530.1
3,458.5
5,775.4
2,603.3
4,892.1
1,769.0
4,933.6
2,055.3
Las dems
Comercio no registrado (3)
9,972.8
304.2
10,740.1
319.2
12,429.8
334.8
2,447.5
75.2
2,535.3
78.0
2,586.8
78.7
2,673.9
75.9
2,715.9
78.9
2,453.3
81.8
2,897.0
82.6
3,075.4
79.6
3,110.7
82.7
3,071.6
85.8
3,172.1
86.6
3,123.1
85.8
2,878.3
86.1
A1 Exportaciones
Mercancas generales
Mercancas segn SENAE (6)
Otras exportaciones
499.9
518.7
537.4
121.3
124.5
117.2
135.9
118.5
133.9
130.3
145.2
134.7
137.1
120.3
107.8
98.7
-24,518.9
-24,496.1
-24,205.4
-26,178.2
-26,155.4
-25,888.8
-26,671.7
-26,648.9
-26,459.3
-6,159.1
-6,153.4
-6,088.3
-6,413.5
-6,407.8
-6,320.1
-6,128.0
-6,122.3
-6,034.5
-6,419.3
-6,413.6
-6,311.6
-6,689.9
-6,684.2
-6,634.2
-6,651.0
-6,645.3
-6,592.7
-6,418.0
-6,412.3
-6,350.3
-6,229.2
-6,223.5
-6,166.2
-6,647.0
-6,641.3
-6,591.1
-6,736.3
-6,730.6
-6,686.7
-7,059.2
-7,053.5
-7,015.2
-5,842.6
-5,836.9
-5,791.4
-5,306.7
-5,301.0
-5,251.2
-5,012.9
-19,192.5
-5,292.5
-20,596.3
-5,258.4
-21,200.8
-1,289.6
-4,798.7
-1,291.7
-5,028.5
-1,202.8
-4,831.7
-1,189.5
-5,122.1
-1,332.8
-5,301.4
-1,356.4
-5,236.3
-1,413.8
-4,936.5
-1,110.3
-5,055.9
-1,331.9
-5,259.3
-1,383.7
-5,303.0
-1,432.6
-5,582.6
-1,184.7
-4,606.6
-1,022.7
-4,228.5
-290.8
-22.8
-266.6
-22.8
-189.6
-22.8
-65.1
-5.7
-87.7
-5.7
-87.9
-5.7
-102.0
-5.7
-50.1
-5.7
-52.5
-5.7
-62.0
-5.7
-57.3
-5.7
-50.1
-5.7
-43.8
-5.7
-38.3
-5.7
-45.5
-5.7
-49.8
-5.7
-1,391.1
-1,496.4
-1,221.8
-365.1
-340.9
-334.6
-380.8
-388.6
-348.2
-378.8
-336.4
-293.2
-300.4
-291.8
-264.2
-231.4
1,807.2
411.9
2,029.0
423.5
2,333.9
424.7
449.2
103.4
456.0
109.4
466.7
103.3
482.1
95.9
478.4
103.8
518.9
112.6
549.5
111.1
556.3
99.0
562.0
106.9
593.2
111.6
622.4
107.2
616.5
93.3
550.7
101.4
A2 Importaciones
Mercancas generales
Mercancas segn SENAE (6)
B Servicios
B1 Servicios prestados
Transportes
Viajes
Otros servicios
B2 Servicios recibidos
Transportes
Viajes
Otros servicios
C Renta
C1 Renta recibida
C2 Renta pagada
Remuneracin de empleados
Renta de la inversin directa
Renta de la inversin de cartera
Renta de otra inversin
1,032.5
362.8
1,246.2
359.4
1,482.1
427.1
255.4
90.4
258.0
88.7
270.5
92.8
295.4
90.7
283.6
91.0
317.7
88.6
349.4
89.0
362.9
94.4
345.8
109.3
374.3
107.3
399.2
116.0
413.4
109.8
358.4
91.0
-3,198.4
-1,708.4
-3,525.4
-1,773.4
-3,555.7
-1,782.7
-814.3
-443.7
-796.9
-444.8
-801.3
-411.0
-862.9
-435.2
-867.0
-462.7
-867.1
-455.3
-928.4
-420.2
-892.8
-423.8
-855.2
-439.9
-893.5
-453.9
-914.3
-465.1
-880.6
-429.6
-782.1
-389.7
-610.6
-879.4
-622.5
-1,129.5
-634.6
-1,138.5
-154.0
-216.7
-152.5
-199.6
-154.1
-236.2
-152.9
-274.8
-157.0
-247.3
-155.5
-256.2
-157.1
-351.1
-155.9
-313.1
-160.0
-255.3
-158.5
-281.2
-160.2
-289.0
-156.9
-294.1
-161.0
-231.4
-1,303.7
-1,393.2
-1,572.5
-353.6
-271.3
-377.0
-298.5
-363.0
-293.7
-422.7
-380.1
-377.9
-304.9
-502.0
-388.5
-417.3
105.3
-1,409.0
112.6
-1,505.9
120.6
-1,693.1
27.0
-380.6
25.1
-296.4
28.0
-405.0
28.5
-327.0
28.1
-391.0
27.2
-320.9
28.8
-451.5
30.1
-410.2
31.0
-408.9
34.4
-339.3
25.1
-527.2
32.3
-420.8
33.9
-451.2
-8.4
-677.4
-64.0
-9.8
-683.8
-63.7
-11.4
-666.5
-143.2
-2.0
-143.1
-31.7
-2.3
-162.1
-0.2
-2.2
-169.5
-31.7
-2.2
-193.7
-0.2
-2.6
-152.1
-31.7
-2.7
-153.3
-0.1
-2.4
-184.7
-31.7
-2.6
-215.3
-0.2
-3.0
-151.0
-31.7
-2.9
-125.8
-0.1
-2.9
-174.4
-111.2
-3.4
-167.8
-0.1
-3.5
-151.2
-40.8
-659.2
-748.6
-872.0
-203.7
-131.8
-201.6
-131.0
-204.6
-164.8
-232.8
-192.2
-223.2
-210.5
-238.7
-249.5
-255.7
D Transferencias corrientes
D1 Remesas de emigrantes
2,480.2
2,466.9
2,398.8
2,449.5
2,264.1
2,461.7
639.4
631.0
599.6
609.9
592.6
625.1
589.8
552.2
607.8
616.9
607.9
638.8
593.3
641.7
596.6
597.6
594.3
633.5
521.2
623.8
552.0
606.8
502.6
530.4
547.8
595.4
D2 Otras transferencias
D3 Transferencias enviadas
289.7
-276.4
253.0
-303.7
265.2
-462.9
80.7
-72.3
56.8
-67.1
41.5
-73.9
95.2
-57.5
70.1
-79.2
49.3
-80.1
38.4
-86.8
104.5
-105.4
68.0
-107.2
52.9
-155.5
39.9
-94.7
71.2
-99.1
63.7
-111.3
Transacciones \ Perodo
2012
2 CUENTA DE CAPITAL Y FINANCIERA
A Cuenta de capital
B Cuenta financiera
B1 Inversin directa en el pas (5)
B11 Inversin Bruta
B12 Desinversin bruta
B2 Inversin de cartera (neta)
B21 Ttulos de participacin en el capital
B22 Ttulos de deuda
B3 Otra inversin
B31 Activos
B311 Crditos comerciales
B312 Moneda y depsitos
B313 Otros activos
B32 Pasivos
B321 Crditos comerciales
Gobierno general
Otros sectores
B322 Prstamos
Autoridades monetarias
Gobierno general
Bancos
Otros sectores
Sector privado
Empresas pblicas
B323 Moneda y depsitos
B324 Otros pasivos
3 ERRORES Y OMISIONES
BALANZA DE PAGOS GLOBAL (1+2+3)
FINANCIAMIENTO
Activos de reserva
Uso del crdito del FMI
Financiamiento excepcional
2013
2014
2012 II
2012 III
2012 IV
2013 I
2013 II
2013 III
2013 IV
2014 I
2014 II
2014 III
2014 IV
2015 I
2015 II
-514.7
2,958.9
390.0
497.4
1,301.7
-2,127.8
2,116.4
27.8
521.5
293.2
-929.6
1,621.1
992.4
-1,299.5
700.2
1,268.6
121.5
-636.1
66.1
2,892.8
66.8
323.2
21.3
476.1
14.1
1,287.6
54.8
-2,182.6
26.2
2,090.2
18.8
9.0
12.8
508.7
8.3
284.9
29.0
-958.7
17.1
1,604.0
12.5
979.9
8.2
-1,307.7
18.3
681.8
15.9
1,252.8
567.0
931.8
732.0
1,115.1
773.1
1,316.9
181.0
282.2
86.1
169.3
190.4
276.1
119.0
180.3
281.7
405.3
116.3
215.4
215.0
314.1
136.7
409.4
161.2
220.6
145.2
202.0
330.0
484.8
183.0
245.0
71.0
188.4
-364.8
66.7
-383.0
-909.8
-543.8
1,500.4
-101.2
90.0
-83.2
459.3
-85.6
-332.8
-61.3
-904.9
-123.6
-1.0
-99.1
-132.1
-99.0
128.2
-272.7
104.1
-59.4
1,395.3
-56.8
-8.7
-154.8
9.6
-62.0
611.2
-117.3
936.7
-455.6
522.3
-480.5
-429.3
-408.6
1,909.0
-11.1
101.1
-20.3
479.7
-306.8
-25.9
-371.3
-533.6
19.2
-20.2
-106.1
-26.0
-22.3
150.5
251.5
-147.4
-595.4
1,990.8
-53.3
44.6
-11.4
21.0
-270.2
881.4
-39.3
976.0
-1,269.8
-1,573.1
3,070.6
-1,087.5
-1,950.2
-5,453.8
205.1
613.3
742.2
260.7
-2,040.3
-2,301.8
2,876.1
1,306.5
-271.7
-631.6
524.6
-706.8
-58.3
-1,055.5
-1,199.5
-754.8
47.4
-208.2
843.4
-1,580.9
-1,647.3
-2,909.9
-112.4
-1,235.4
245.1
-1,311.8
-778.7
-399.2
-1,485.9
-1,859.7
-1,575.6
-4,272.4
-105.9
672.5
-96.7
-560.0
-306.4
-1,457.0
-338.0
356.9
-366.2
-325.2
-393.9
-307.5
-387.8
-1,583.8
-410.4
-1,044.2
-394.9
64.6
-380.3
-902.2
-389.9
-2,390.6
-424.7
-1,225.7
-403.1
-810.0
-395.2
303.2
2,258.0
4,158.2
394.1
3,503.6
46.8
-408.2
917.4
481.5
-538.4
261.5
1,287.6
1,569.6
59.7
359.9
-5.4
1,231.4
916.1
997.2
699.8
-444.7
122.2
255.6
-298.4
2,424.3
-129.5
1,262.7
415.1
1,123.0
-98.7
1,556.9
-428.0
-495.1
1,412.4
1,362.7
662.7
662.7
-123.2
-122.4
-89.5
-124.5
-92.2
-126.7
-75.7
-129.0
-132.3
-131.3
1,062.8
1,064.6
557.5
558.5
-563.5
-561.7
-63.1
-62.0
1,284.4
1,286.2
-0.8
0.2
-506.8
-452.2
888.9
942.6
67.1
658.0
49.7
2,769.3
0.0
2,813.5
-0.9
-301.7
35.0
585.3
34.5
293.3
53.3
1,707.9
-1.0
492.8
-1.7
144.1
-1.0
424.6
-1.8
76.8
-1.0
348.5
-1.8
1,142.0
-1.1
1,246.2
-54.5
1,713.3
-53.7
631.3
-0.3
794.3
29.7
-0.3
2,129.3
-75.2
-0.3
1,745.6
-18.5
0.0
-193.6
46.0
-0.1
633.0
-12.2
0.0
198.4
-0.3
-0.1
1,517.3
-12.2
0.0
238.6
-50.3
-0.1
12.1
-12.3
0.0
362.2
-0.3
-0.1
-6.4
-9.1
0.0
248.4
-0.3
-0.1
611.3
-9.1
0.0
892.4
-0.1
-0.1
1,573.6
-9.1
0.0
264.3
-0.1
-165.7
-157.7
715.5
718.2
1,086.7
1,084.2
-154.1
-148.2
-35.4
-36.4
95.2
96.9
202.9
202.5
304.5
312.1
144.4
144.5
62.7
59.1
92.4
70.0
100.4
111.4
539.9
540.3
354.0
362.6
148.8
149.6
367.0
364.6
-8.0
73.2
-2.7
-23.5
2.4
27.3
-5.9
16.7
1.0
-14.3
-1.8
60.4
0.4
-62.6
-7.6
-0.6
-0.1
24.5
3.5
15.2
22.4
41.9
-11.0
-29.8
-0.4
-2.0
-8.6
17.3
-0.8
-83.5
2.5
36.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
97.4
-581.9
-129.6
1,845.9
-217.1
-424.5
46.6
553.1
-43.0
942.4
75.2
-2,502.4
-109.6
1,903.9
15.1
-641.4
28.0
484.9
-78.6
98.5
45.3
-373.0
-87.7
1,818.2
-48.0
877.1
-128.5
-2,746.7
-86.0
-292.7
85.2
1,064.7
581.9
475.1
-1,845.9
-1,878.0
424.5
411.5
-553.1
-562.8
-942.4
-952.5
2,502.4
2,400.9
-1,903.9
-1,890.5
641.4
612.5
-484.9
-473.0
-98.5
-127.0
373.0
384.3
-1,818.2
-1,846.2
-877.1
-866.7
2,746.7
2,740.1
292.7
281.3
-1,064.7
-1,071.5
0.0
106.8
0.0
32.1
0.0
13.0
0.0
9.7
0.0
10.2
0.0
101.5
0.0
-13.4
0.0
28.9
0.0
-12.0
0.0
28.5
0.0
-11.2
0.0
28.0
0.0
-10.4
0.0
6.6
0.0
11.4
0.0
6.7
2013
2014
2015 I
-164.7
-983.3
-597.4
-906.9
49.9
-492.5
-67.2
-756.8
24,568.9
25,685.7
26,604.5
5,085.7
24,069.0
25,167.0
26,067.1
4,977.9
23,764.8
24,847.8
25,732.3
4,892.1
13,792.0
14,107.7
13,302.5
1,769.0
9,972.8
10,740.1
12,429.8
3,123.1
304.2
319.2
334.8
85.8
499.9
518.7
537.4
107.8
-24,518.9
-26,178.2
-26,671.7
-5,842.6
-24,496.1
-26,155.4
-26,648.9
-5,836.9
-24,205.4
-25,888.8
-26,459.3
-5,791.4
-5,012.9
-5,292.5
-5,258.4
-1,184.7
-19,192.5
-20,596.3
-21,200.8
-4,606.6
-290.8
-266.6
-189.6
-45.5
-22.8
-22.8
-22.8
-5.7
-1,391.1
-1,496.4
-1,221.8
-264.2
1,807.2
2,029.0
2,333.9
616.5
Transportes
411.9
423.5
424.7
93.3
1,032.5
1,246.2
1,482.1
413.4
362.8
359.4
427.1
109.8
B2 Servicios recibidos
-3,198.4
-3,525.4
-3,555.7
-880.6
Transportes
-1,708.4
-1,773.4
-1,782.7
-429.6
Viajes
Otros servicios
Viajes
-610.6
-622.5
-634.6
-156.9
Otros servicios
-879.4
-1,129.5
-1,138.5
-294.1
-1,303.7
-1,393.2
-1,572.5
-388.5
C1 Renta recibida
105.3
112.6
120.6
32.3
C2 Renta pagada
-1,409.0
-1,505.9
-1,693.1
-420.8
-8.4
-9.8
-11.4
-3.4
-677.4
-683.8
-666.5
-167.8
-64.0
-63.7
-143.2
-0.1
-659.2
-748.6
-872.0
-249.5
2,480.2
2,398.8
2,264.1
502.6
2,466.9
2,449.5
2,461.7
530.4
289.7
253.0
265.2
71.2
-276.4
-303.7
-462.9
-99.1
-514.7
2,958.9
390.0
700.2
A Cuenta de capital
121.5
66.1
66.8
18.3
B Cuenta financiera
-636.1
2,892.8
323.2
681.8
567.0
732.0
773.1
183.0
931.8
1,115.1
1,316.9
245.0
-364.8
-383.0
-543.8
-62.0
66.7
-909.8
1,500.4
611.2
-455.6
-480.5
-408.6
-270.2
522.3
-429.3
1,909.0
881.4
-1,269.8
3,070.6
-1,950.2
-112.4
C Renta
Remuneracin de empleados
Renta de la inversin directa
Renta de la inversin de cartera
Renta de otra inversin
D Transferencias corrientes
D1 Remesas de emigrantes
D2 Otras transferencias
D3 Transferencias enviadas
2 CUENTA DE CAPITAL Y FINANCIERA
B31 Activos
-1,573.1
-1,087.5
-5,453.8
-1,235.4
-778.7
-1,485.9
-1,575.6
-424.7
-399.2
-1,859.7
-4,272.4
-1,225.7
-395.2
2,258.0
394.1
415.1
303.2
4,158.2
3,503.6
1,123.0
-428.0
1,412.4
662.7
-506.8
-495.1
1,362.7
662.7
-452.2
67.1
49.7
0.0
-54.5
658.0
2,769.3
2,813.5
1,713.3
-0.3
-0.3
-0.3
-0.1
794.3
2,129.3
1,745.6
1,573.6
29.7
-75.2
-18.5
-9.1
-165.7
715.5
1,086.7
148.8
-157.7
718.2
1,084.2
149.6
-8.0
-2.7
2.4
-0.8
73.2
-23.5
27.3
-83.5
0.0
0.0
0.0
0.0
97.4
-129.6
-217.1
-86.0
-581.9
1,845.9
-424.5
-292.7
581.9
-1,845.9
424.5
292.7
475.1
-1,878.0
411.5
281.3
0.0
0.0
0.0
0.0
106.8
32.1
13.0
11.4
B32 Pasivos
B321 Crditos comerciales
Gobierno general
Otros sectores
B322 Prstamos
Autoridades monetarias
Gobierno general
Bancos
Otros sectores
Sector privado
Empresas pblicas
B323 Moneda y depsitos
B324 Otros pasivos
3 ERRORES Y OMISIONES
BALANZA DE PAGOS GLOBAL (1+2+3)
FINANCIAMIENTO
Activos de reserva
Uso del crdito del FMI
Financiamiento excepcional
Aos
2012 II
2013 II
2014 II
2015 II
9.1
-684.3
284.8
-289.1
88.4
-540.5
361.7
-188.2
6,247.4
6,149.4
7,008.6
5,118.5
6,126.1
6,030.9
6,873.9
5,019.8
6,050.9
5,952.0
6,791.2
4,933.6
3,603.4
3,236.2
3,680.5
2,055.3
2,447.5
2,715.9
3,110.7
2,878.3
75.2
78.9
82.7
86.1
121.3
118.5
134.7
98.7
-6,159.1
-6,689.9
-6,647.0
-5,306.7
-6,153.4
-6,684.2
-6,641.3
-5,301.0
-6,088.3
-6,634.2
-6,591.1
-5,251.2
-1,289.6
-1,332.8
-1,331.9
-1,022.7
-4,798.7
-5,301.4
-5,259.3
-4,228.5
-65.1
-50.1
-50.1
-49.8
-5.7
-5.7
-5.7
-5.7
-365.1
-388.6
-293.2
-231.4
449.2
478.4
562.0
550.7
103.4
103.8
106.9
101.4
255.4
283.6
345.8
358.4
90.4
91.0
109.3
91.0
-814.3
-867.0
-855.2
-782.1
-443.7
-462.7
-439.9
-389.7
-154.0
-157.0
-160.0
-161.0
-216.7
-247.3
-255.3
-231.4
-353.6
-363.0
-377.9
-417.3
27.0
28.1
31.0
33.9
-380.6
-391.0
-408.9
-451.2
-2.0
-2.6
-3.0
-3.5
-143.1
-152.1
-151.0
-151.2
-31.7
-31.7
-31.7
-40.8
-203.7
-204.6
-223.2
-255.7
639.4
607.8
594.3
547.8
631.0
616.9
633.5
595.4
80.7
70.1
68.0
63.7
-72.3
-79.2
-107.2
-111.3
497.4
27.8
1,621.1
1,268.6
21.3
18.8
17.1
15.9
476.1
9.0
1,604.0
1,252.8
181.0
281.7
161.2
71.0
282.2
405.3
220.6
188.4
-101.2
-123.6
-59.4
-117.3
90.0
-1.0
1,395.3
936.7
-11.1
19.2
-595.4
-39.3
101.1
-20.2
1,990.8
976.0
205.1
-271.7
47.4
245.1
613.3
-631.6
-208.2
-1,311.8
-105.9
-366.2
-394.9
-403.1
672.5
-325.2
64.6
-810.0
46.8
59.7
122.2
-98.7
-408.2
359.9
255.6
1,556.9
-123.2
-132.3
-63.1
888.9
-122.4
-131.3
-62.0
942.6
-0.9
-1.0
-1.0
-53.7
-301.7
492.8
348.5
631.3
0.0
0.0
0.0
0.0
-193.6
238.6
248.4
264.3
46.0
-50.3
-0.3
-0.1
-154.1
304.5
100.4
367.0
-148.2
312.1
111.4
364.6
-5.9
-7.6
-11.0
2.5
16.7
-0.6
-29.8
36.7
0.0
0.0
0.0
0.0
46.6
15.1
-87.7
85.2
553.1
-641.4
1,818.2
1,064.7
-553.1
641.4
-1,818.2
-1,064.7
-562.8
612.5
-1,846.2
-1,071.5
0.0
0.0
0.0
0.0
9.7
28.9
28.0
6.7
400.0
CUENTA CORRIENTE
0.0
2012 II
-50.0
200.0
0.0
2012 II
-100.0
-150.0
2013 II
2014 II
2015 II
-200.0
-200.0
-250.0
-300.0
-400.0
-350.0
-400.0
-600.0
-450.0
-800.0
-320.0
2012 II
RENTA
2013 II
2014 II
600.0
2015 II
-340.0
400.0
-360.0
200.0
-380.0
0.0
2012 II
-400.0
-200.0
-420.0
-400.0
-440.0
639.4
607.8
594.3
M ILLO N E S D E D O L A R E S
-600.0
TRANSFERENCIAS CORRIENTES
800.0
600.0
547.8
400.0
200.0
2012 II
2013 II
2014 II
2015 II
0.0
2012 II
-200.0
-400.0
CUENT
547.8
400.0
200.0
2012 II
2013 II
2014 II
2015 II
0.0
2012 II
-200.0
-400.0
-600.0
0.0
2012 II
50.0
SERVICIOS
2013 II
2014 II
2015 II
00.0
50.0
00.0
50.0
00.0
50.0
00.0
50.0
00.0
BIENES
00.0
00.0
0.0
2012 II
2013 II
2014 II
2015 II
00.0
00.0
00.0
00.0
00.0
00.0
00.0
0.0
2012 II
00.0
00.0
2013 II
2014 II
2015 II
00.0
00.0
0.0
2012 II
00.0
00.0
00.0
2013 II
2014 II
2015 II
1,600.0
M IL LO N E S D E D O L A R E S
M IL LO N E S D E D O L A R E S
1,800.0
400.0
350.0
1,400.0
300.0
1,200.0
250.0
200.0
1,000.0
450.0
150.0
800.0
600.0
100.0
50.0
400.0
0.0
200.0
0.0
2012 II
2013 II
2014 II
2015 II
497.4
2012 II
27.8
2013 II
2014 II
2015 II
2015 II
2014
2013
2012
INVERSION
50.0
00.0
50.0
00.0
50.0
00.0
50.0
00.0
50.0
0.0
2015 II
2014 II
2013 II
2012 II