	D—Real options	Common and preferred shares are considered call options on the company’s value. In this way, the investor has the right, but not the obligation, to acquire the company’s residual value at a certain price and on a certain date.
	E—Others	Other valuation methodologies of companies, not related to subcategories 4A to 4D.
5. Valuation model inputs	A—Innovation capacity	SUs’ capacity to transform resources into innovations in a systemic way.
	B—Internal resources	Information, knowledge, skills and experiences available to SUs.
	C—External links	Relationship network supporting SUs to increase their growth prospects.
	D—Competitive advantages	Development of new products, market perception and differentiation in relation to competitors.
	E—Management/accounting information	Obtained from standard reports and which may serve as inputs to measure the SUs’ value.
	F—Others	Other inputs not related to subcategories 5A to 5E.
	G—With no information	There is no identification of information that may be considered as inputs to the valuation models.
6. Data type	A—Financial statements	Periodic financial accounting data that represent the companies’ equity and income.
	B—Regulatory bodies	Public data of companies made available by the market and the regulatory bodies—e.g.: relevant facts.
	C—Questionnaires	Primary data obtained through a survey of respondents.
	D—Others	Other data not related to subcategories 6A to 6C.
7. Data source	A—Developed country	Country with annual per capita income as of US$ 12,376 (World Bank, 2019) .
	B—Undeveloped/emerging country	Country with annual per capita income: Low—less than US$1025; Low Medium—between US$1026 and US$3995; and High Medium—between US$3996 and US$12,375 (World Bank, 2019) .
	C—Both	Includes all countries, developed and undeveloped.
8. Analysis period	A—up to 5 years	Data from 0 to 5 years.
8. Analysis period	B—From 6 to 10 years	Data from 6 to 10 years.