TABLA DE DEPRECIACION

Depreciacion anual= (P- VS)/n

Si VS=0
Depreciacion anual= P/n
Nombre del activo
Valor del Activo
Valor de Salvamento
Vida util del Activo

Maquinaria
$ 11,303,800.0
0
10

Depreciacion

$ 1,130,380.0

1
2200000

TABLA DE DEPRECIACION
AO
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

DEPRECIACION DEPRECIACION
ANUAL
ACUMULADA
0
0
$ 1,130,380.0
$ 1,130,380.0
$ 1,130,380.0
$ 2,260,760.0
$ 1,130,380.0
$ 3,391,140.0
$ 1,130,380.0
$ 4,521,520.0
$ 1,130,380.0
$ 5,651,900.0
$ 1,130,380.0
$ 6,782,280.0
$ 1,130,380.0
$ 7,912,660.0
$ 1,130,380.0
$ 9,043,040.0
$ 1,130,380.0
$ 10,173,420.0
$ 1,130,380.0
$ 11,303,800.0
$ 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
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0

VALOR EN
LIBROS
11,303,800
10,173,420
9,043,040
7,912,660
6,782,280
5,651,900
4,521,520
3,391,140
2,260,760
1,130,380
0
0
0
0
0
0
0
0
0
0
0

2
700000

MAQUINARIA
3
1000000

4
1000000

5
1300000

900000

2399800

6
1600000

7
204000

TOTAL
11303800

TABLA DE DEPRECIACION
Depreciacion anual= (P- VS)/n
Si VS=0
Depreciacion anual= P/n

Nombre del activo

Valor del Activo
Valor de Salvamento
Vida util del Activo
Depreciacion

Construcciones y
edificios
$ 60,000,000.0
0
20
$ 3,000,000.0

TABLA DE DEPRECIACION
AO
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

DEPRECIACION DEPRECIACION
ANUAL
ACUMULADA
0
0
$ 3,000,000.0
$ 3,000,000.0
$ 3,000,000.0
$ 6,000,000.0
$ 3,000,000.0
$ 9,000,000.0
$ 3,000,000.0
$ 12,000,000.0
$ 3,000,000.0
$ 15,000,000.0
$ 3,000,000.0
$ 18,000,000.0
$ 3,000,000.0
$ 21,000,000.0
$ 3,000,000.0
$ 24,000,000.0
$ 3,000,000.0
$ 27,000,000.0
$ 3,000,000.0
$ 30,000,000.0
$ 3,000,000.0
$ 33,000,000.0
$ 3,000,000.0
$ 36,000,000.0
$ 3,000,000.0
$ 39,000,000.0
$ 3,000,000.0
$ 42,000,000.0
$ 3,000,000.0
$ 45,000,000.0
$ 3,000,000.0
$ 48,000,000.0
$ 3,000,000.0
$ 51,000,000.0
$ 3,000,000.0
$ 54,000,000.0
$ 3,000,000.0
$ 57,000,000.0
$ 0.0
$ 0.0

VALOR EN
LIBROS
60,000,000
57,000,000
54,000,000
51,000,000
48,000,000
45,000,000
42,000,000
39,000,000
36,000,000
33,000,000
30,000,000
27,000,000
24,000,000
21,000,000
18,000,000
15,000,000
12,000,000
9,000,000
6,000,000
3,000,000
0

TABLA DE DEPRECIACION
Depreciacion anual= (P- VS)/n
Si VS=0
Depreciacion anual= P/n
1
Nombre del activo
Valor del Activo
Valor de Salvamento
Vida util del Activo
Depreciacion

Maquinaria
$ 0.0
0
10
$ 0.0

TABLA DE DEPRECIACION
AO
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

DEPRECIACION DEPRECIACION
ANUAL
ACUMULADA
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
$ 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
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0
$ 0.0

VALOR EN
LIBROS
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

MAQUINARIA
3

TOTAL
0

ANEXO 1
PRECIOS DE VENTA DE LOS PRODUCTOS
DATOS:
Indie de I.P.C
15%

PRODUCTOS
NUMEDescripcion
1
a
2
b
3
c
4
d
5
d
6
d
7
d
8
d
9
d
10
d
11
d

NOMBRE
RESUMEN
A
J
H
G
F
D
SA
D
E
C
B

Ao-1
PRECIOS DE VENTA
$/Unidad

Unidad

Ao-2
Ao-3
Ao-4
Ao-5
Ao-6
PRECIOS DE VENTA PRECIOS DE VENTA PRECIOS DE VENTA PRECIOS DE VENTA
PRECIOS DE VENTA
$/Unidad

Unidad

$/Unidad

Unidad

$/Unidad

Unidad

$/Unidad

Unidad

$/Unidad

Ao-6
CIOS DE VENTA
Unidad

ANEXO 11
COSTOS DE OPERACIN

INTRODUCIR DATOS
DATOS
NUMERO DE PERIODOS

AMORTIZACIONES
DATOS:

TASA DE INTERES NOMINAL

TASA DE INTERES EFECTIVA PERIODICA
VALOR DEL PRESTAMO

VALOR DE LAS CUOTAS

PERIODO

CUOTA

MENSUAL

MENSUAL

INTERESES

0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

0.0000

0.0000

264,938.8371

166,666.67

98,272

264,938.8371

165,028.7972

99,910

264,938.8371

163,363.6298

101,575

264,938.8371

161,670.7097

103,268

264,938.8371

159,949.5742

104,989

264,938.8371

158,199.7532

106,739

264,938.8371

156,420.7685

108,518

264,938.8371

154,612.1340

110,327

264,938.8371

152,773.3556

112,165

264,938.8371

150,903.9309

114,035

264,938.8371

149,003.3491

115,935

264,938.8371

147,071.0910

117,868

264,938.8371

145,106.6286

119,832

264,938.8371

143,109.4251

121,829

264,938.8371

141,078.9349

123,860

264,938.8371

139,014.6032

125,924

264,938.8371

136,915.8660

128,023

264,938.8371

134,782.1498

130,157

264,938.8371

132,612.8716

132,326

264,938.8371

130,407.4389

134,531

264,938.8371

128,165.2489

136,774

264,938.8371

125,885.6891

139,053

264,938.8371

123,568.1366

141,371

264,938.8371

121,211.9583

143,727

AMORTIZACION
0

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
0
0
0
0
0

264,938.8371

118,816.5103

146,122

264,938.8371

116,381.1382

148,558

264,938.8371

113,905.1766

151,034

264,938.8371

111,387.9489

153,551

264,938.8371

108,828.7674

156,110

264,938.8371

106,226.9329

158,712

264,938.8371

103,581.7345

161,357

264,938.8371

100,892.4495

164,046

264,938.8371

98,158.3430

166,780

264,938.8371

95,378.6681

169,560

264,938.8371

92,552.6653

172,386

264,938.8371

89,679.5624

175,259

264,938.8371

86,758.5745

178,180

264,938.8371

83,788.9035

181,150

264,938.8371

80,769.7379

184,169

264,938.8371

77,700.2529

187,239

264,938.8371

74,579.6098

190,359

264,938.8371

71,406.9561

193,532

264,938.8371

68,181.4247

196,757

264,938.8371

64,902.1345

200,037

264,938.8371

61,568.1895

203,371

264,938.8371

58,178.6787

206,760

264,938.8371

54,732.6760

210,206

264,938.8371

51,229.2400

213,710

264,938.8371

47,667.4134

217,271

264,938.8371

44,046.2230

220,893

264,938.8371

40,364.6794

224,574

264,938.8371

36,621.7768

228,317

264,938.8371

32,816.4924

232,122

264,938.8371

28,947.7867

235,991

264,938.8371

25,014.6025

239,924

264,938.8371

21,015.8653

243,923

264,938.8371

16,950.4824

247,988

264,938.8371

12,817.3432

252,121

264,938.8371

8,615.3183

256,324

264,938.8371

4,343.2596

260,596

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

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
0
0
0
0
0
0
0
0
0

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

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

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

CANTIDAD
60
20.0%
1.7%
10,000,000.00

PERIODO
MESES
ANUAL
MENSUAL
5 aos

264,938.84

MENSUAL

RESUMEN DE LA TABLA POR PERIODOS

PERIODO
SALDO

FACTOR
10,000,000
9,901,728
9,801,818
9,700,243
9,596,974
9,491,985
9,385,246
9,276,728
9,166,401
9,054,236
8,940,201
8,824,265
8,706,398
8,586,566
8,464,736
8,340,876
8,214,952
8,086,929
7,956,772
7,824,446
7,689,915
7,553,141
7,414,088
7,272,717
7,128,991

0.02649388
0.02675683
0.02702956
0.02731260
0.02760650
0.02791185
0.02822929
0.02855951
0.02890326
0.02926131
0.02963455
0.03002390
0.03043036
0.03085504
0.03129913
0.03176391
0.03225081
0.03276137
0.03329728
0.03386039
0.03445277
0.03507664
0.03573451
0.03642914
0.03716358

AO-1

MENSUAL

CUOTAS

264,939

264,939

264,939

264,939

264,939

264,939

264,939

264,939

264,939

10

264,939

11

264,939

12

264,939

TOTAL

3,179,266

6,982,868
6,834,311
6,683,277
6,529,726
6,373,616
6,214,904
6,053,547
5,889,501
5,722,720
5,553,160
5,380,774
5,205,514
5,027,334
4,846,184
4,662,015
4,474,777
4,284,417
4,090,885
3,894,128
3,694,091
3,490,721
3,283,961
3,073,754
2,860,045
2,642,773
2,421,881
2,197,307
1,968,990
1,736,867
1,500,876
1,260,952
1,017,029
769,041
516,919
260,596
0
0
0
0
0
0

0.03794126
0.03876599
0.03964206
0.04057427
0.04156806
0.04262959
0.04376588
0.04498494
0.04629596
0.04770956
0.04923806
0.05089580
0.05269967
0.05466958
0.05682925
0.05920717
0.06183778
0.06476320
0.06803547
0.07171962
0.07589803
0.08067662
0.08619389
0.09263451
0.10025030
0.10939384
0.12057436
0.13455574
0.15253834
0.17652278
0.21011018
0.26050275
0.34450566
0.51253444
1.01666667
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000

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
0
0
0
0
0
0
0
0
0

0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000

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

0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000

LA POR PERIODOS
AO-1

PERIODO
MENSUAL

AO-2

INTERESES

AMORTIZ

CUOTAS

166,667

98,272

13

264,939

145,107

119,832

165,029

99,910

14

264,939

143,109

121,829

163,364

101,575

15

264,939

141,079

123,860

161,671

103,268

16

264,939

139,015

125,924

159,950

104,989

17

264,939

136,916

128,023

158,200

106,739

18

264,939

134,782

130,157

156,421

108,518

19

264,939

132,613

132,326

154,612

110,327

20

264,939

130,407

134,531

152,773

112,165

21

264,939

128,165

136,774

150,904

114,035

22

264,939

125,886

139,053

149,003

115,935

23

264,939

123,568

141,371

147,071

117,868

24

264,939

121,212

143,727

1,885,664

1,293,602

3,179,266

INTERESES

1,601,859

AMORTIZ

1,577,407

PERIODO
MENSUAL

AO-3
CUOTAS

INTERESES

AO-4
AMORTIZ

MENSUAL

AO-4

25

264,939

118,817

146,122

37

264,939

26

264,939

116,381

148,558

38

264,939

27

264,939

113,905

151,034

39

264,939

28

264,939

111,388

153,551

40

264,939

29

264,939

108,829

156,110

41

264,939

30

264,939

106,227

158,712

42

264,939

31

264,939

103,582

161,357

43

264,939

32

264,939

100,892

164,046

44

264,939

33

264,939

98,158

166,780

45

264,939

34

264,939

95,379

169,560

46

264,939

35

264,939

92,553

172,386

47

264,939

36

264,939

89,680

175,259

48

264,939

3,179,266

1,255,790

1,923,476

3,179,266

AO-4
INTERESES

AO-5
AMORTIZ

MENSUAL

AO-5

INTERESES

AMORTIZ

86,759

178,180

49

264,939

47,667

217,271

83,789

181,150

50

264,939

44,046

220,893

80,770

184,169

51

264,939

40,365

224,574

77,700

187,239

52

264,939

36,622

228,317

74,580

190,359

53

264,939

32,816

232,122

71,407

193,532

54

264,939

28,948

235,991

68,181

196,757

55

264,939

25,015

239,924

64,902

200,037

56

264,939

21,016

243,923

64,902

200,037

57

264,939

16,950

247,988

64,902

200,037

58

264,939

12,817

252,121

64,902

200,037

59

264,939

8,615

256,324

64,902

200,037

60

264,939

4,343

260,596

867,696

2,311,570

3,179,266

319,221

2,860,045

AO-8

AO-9

AO-10

AO-11

AO-12

AO-13

AO-14

AO-1
AO-15

MENSUAL

BIMES

TRIMESTRAL

SEMESTRAL

AO

10

11

12

MENSUAL

BIMENSUAL

TRIMESTRAL

SEMESTRAL

ANUAL

13

14

15

16

10

17

11

18

12

AO-2

19
20
21
22
23

24
A0-3
MENSUAL

BIMENSUAL

TRIMESTRAL

SEMESTRAL

ANUAL

25

13

26

14

10

27

15

11

28

16

12

29

17

30

18

31
32
33
34
35
36
A0-4
MENSUAL

BIMENSUAL

TRIMESTRAL

SEMESTRAL

ANUAL

37

19

13

38

20

14

39

21

15

40

22

16

41

23

42

24

43
44
45
46
47
48
A0-5
MENSUAL

BIMENSUAL

TRIMESTRAL

SEMESTRAL

ANUAL

49

25

17

50

26

18

10

51

27

19

52

28

20

53

29

54

30

55
56
57
58

59
60

ANEXO 1
COSTOS DE OPERACIN
DATOS:
Indie de I.P.C
Periodos
Tasa Impositiva
TAMAO DEL PROYECTO
PERIODO
1.
COSTOS DE FABRICACION
1.1
COSTO DIRECTO
1.1.1 MATERIA PRIMA
1.1.2 MATERIALES DIRECTOS
1.1.3 MANO DE OBRA
1.1.4 PRESTACIONES
1.1.5 OTROS MAT. DIRECTOS

0%
5
35%

(Precios x Tonelada)
1

57,520,380

57,520,380

53,640,380

53,640,380

43,276,080

43,276,080

39,196,080

39,196,080

6,000,000

6,000,000

1,920,000

1,920,000

2,400,000

2,400,000

2,400,000

2,400,000

28,296,000

28,296,000

28,296,000

28,296,000

6,580,080

6,580,080

6,580,080

6,580,080

500,000

500,000

500,000

500,000

M DE OBRA INDIRECTA

PRESTACIONES

500,000

500,000

500,000

500,000

13,744,300

13,744,300

13,944,300

13,944,300

DEPRECIACION DE HERRAMIENTAS

1,130,300

1,130,300

1,130,300

1,130,300

SERVICIOS

7,074,000

7,074,000

7,274,000

7,274,000

700,000

700,000

700,000

700,000

1.2
1.2.1
1.2.2
1.2.3

GASTOS DE OPERACIN

1.3
1.3.1
1.3.2
1.3.3

OTROS GASTOS INDIREC.

MATERIALES INDIRECTOS

MANTENIMIENTO

1.3.4
1.3.5
1.3.6
1.3.7

SEGUROS

2.
2.1
2.2
2.3
2.4
2.5
2.6
3.

4,000,000

4,000,000

4,000,000

4,000,000

840,000

840,000

840,000

840,000

GASTOS ADMINISTRATIVOS

18,202,000

18,202,000

18,222,000

18,222,000

SUELDOS

14,148,000

14,148,000

14,168,000

14,168,000

3,254,000

3,254,000

3,254,000

3,254,000

800,000

800,000

800,000

800,000

IMPUESTOS CATASTRALES

SEGUROS

OTROS

3,750,000

3,750,000

3,750,000

3,750,000

3,750,000

1,500,000

1,600,000

1,600,000

79,472,380

79,472,380

75,612,380

75,612,380

IMPUESTO (Industria y catastro)

AMORTIZACION DIFERIDOS
OTROS

PRESTACIONES
DEPRECIACION ADMINISTRA

GASTO DE VENTAS
COMISIONES

TOTAL COSTO DE OPERACIN

ANEXO 2
PRESUPUESTO DE VENTAS

Ton/Ao
DETALLE
PRESUPUESTO DE VENTAS
1.
Unidades
1.1
Precio de venta
1.2
VENTAS TOTALES

50,000.00
1,500
75,000,000

50,000.00
1,500
75,000,000

50,000.00
1,600
80,000,000

50,000.00
1,600
80,000,000

ANEXO 3
PRESUPUESTO DE INVERSIONES
(Precios x Tonelada)
1

PERIODO
1.
INVERSIONES FIJAS
1.1
NO DEPRECIABLES
1.1.1 TERRENOS

1.2
1.2.1
1.2.2
1.2.3
1.2.4
1.2.5

DEPRECIABLES

22,603,000

2
2.1
2.2

INVERSIONES DIFERIDAS

CONSTRUCCIONES Y OBRAS CIVILE

MAQUNARIA Y EQUIPO

20,000,000

7,200,000

20,000,000

7,200,000

3,500,000

12,000,000

11,303,000

8,000,000

VEHICULOS

4,000,000

GASTOS DE ORGANIZACIN

3,800,000

ESTUDIOS

29,803,000

MUEBLES Y ENSERES
OTROS

0
4,200,000

800,000

1,700,000

2.3
2.4
2.5
2.6
2.7

GASTOS DE MONTAJE

CAPACITACION

OTROS(Acompaamiento Tecnico)

500,000

39,191,859

39,191,859

20,000,000

GASTOS DE PUESTA EN MARCHA

IMPREVISTOS

3
CAPITAL DE TRABAJO
3.1
EFECTIVO
3.2
MATERIALES DIRECTOS
3.3
MANO DE OBRA
3.4
INV. DE PRODUCTOS TERMINAADO
3.5
CARTERA
FLUJO DE INVERSION

1,200,000

0
73,194,859

ANEXO 4
FLUJO DE PRODUCCION O FLUJO DE INGRESOS DE OPERACIN(Recursos propios)
(Precios x Tonelada)
PERIODO
0
1
2
1.
INGRESOS POR VENTAS
75,000,000
75,000,000

80,000,000

80,000,000

COSTO TOTAL

79,472,380

79,472,380

75,612,380

75,612,380

UTIL. BRUTA ANT. DE IMPUES.

-4,472,380

-4,472,380

4,387,620

4,387,620

IMPUESTOS 35%

-1,565,333

-1,565,333

1,535,667

1,535,667

UTIL. DESP. DE IMPUESTOS

-2,907,047

-2,907,047

2,851,953

2,851,953

RESERVA LEGAL (10%)

UTILIDAD POR DISTRIBUIR

MAS DEPRECIACIONES.

AMORTIZACIONES DIFERIDOS

10

-290,705

-290,705

285,195

285,195

-2,616,342

-2,616,342

2,566,758

2,566,758

1,130,300

1,130,300

1,130,300

1,130,300

840,000

840,000

840,000

840,000

MAS RESERVA LEGAL

-290,705

-290,705

285,195

285,195

11

FLUJO DE PRODUCCION

-936,747

-936,747

4,822,253

4,822,253

1
2
2.1
2.2
2.3
3

ANEXO- 5
FLUJO DE CAJA DEL PROYECTO
(Con recursos propios)
DESCRIPCION
Ventas
Costos Variables
Materia prima
Mano de Obra Directa
Gastos Generales de Fabric.
Costos Fijos de Fabricacion

75,000,000

75,000,000

80,000,000

80,000,000

71,508,160

70,668,160

66,608,160

66,608,160

14,980,080

14,980,080

10,900,080

10,900,080

34,876,080

34,876,080

34,876,080

34,876,080

500,000

500,000

500,000

500,000

21,152,000

20,312,000

20,332,000

20,332,000

3.1
3.2
3.3

Gastos de Ventas
Gastos de Administracion
Depreciacion Administrativa
Depreciacion de Maquinaria
Amortizacion de Intangibles
Utilidad Bruta
Impuesto
Utilidad desp de Impuestos
Reserva Legal 10%
Utilidad por Distribuir
Depreciacion Oficina
Depreciacion Maquinaria
Amortizacion de Intangibles
Mas reserva Legal
Terreno
Obras Fisicas
Maquinaria
Vehiculos
Muebles y enseres.
Intangibles
Capital de Trabajo
Valor de Desecho
Flujo Neto de Caja

3,750,000

3,750,000

3,750,000

3,750,000

17,402,000

16,562,000

16,582,000

16,582,000

800,000

800,000

800,000

800,000

1,130,300

1,130,300

1,130,300

1,130,300

840,000

840,000

840,000

840,000

-20,430,460

-18,750,460

-9,710,460

-9,710,460

-1,565,333

-1,565,333

1,535,667

1,535,667

-18,865,127

-17,185,127

-11,246,127

-11,246,127

-1,886,513

-1,718,513

-1,124,613

-1,124,613

-16,978,614

-15,466,614

-10,121,514

-10,121,514

800,000

800,000

800,000

800,000

1,130,300

1,130,300

1,130,300

1,130,300

840,000

840,000

840,000

840,000

-1,886,513

-1,718,513

-1,124,613

-1,124,613

-3,500,000

-12,000,000

-11,303,000

-8,000,000

-39,191,859

-73,194,859

-17,981,340

-16,133,340

-29,600,440

-9,600,440

-7,200,000

-4,000,000
-3,800,000
-4,200,000

EMPRESA
ESTADO DE RESULTADOS
RENTAS
Ventas netas

Otros Ingresos
GASTOS
- Costo de Ventas y Gastos de Operacin
Costos Variables
Costos Fijos de Fabricacion
Gastos de Ventas
Gastos de Administracion
Depreciacion
Gasto Interes
Ganancia Neta Antes de Impuestos
- Impuesto sobre la Renta
Ganancia Neta Despues de Impuestos

0
$0
$0
$0
$0
$0
$0
0
0
$0

INDICES

53,640,380 PROYEC
39,196,080
1,920,000
2,400,000
28,296,000
6,580,080
0
500,000
0
0
500,000
13,944,300
1,130,300
7,274,000

#REF!

700,000

15.00%

4,000,000

#REF!

0
840,000
0

18,222,000
14,168,000
3,254,000
800,000
0
0
0
0

3,750,000
1,600,000
75,612,380

#REF!

5
50,000.00
1,600
80,000,000

5
10,000,000
0

10,000,000

10,000,000

10,000,000

5
80,000,000
75,612,380
4,387,620
1,535,667
2,851,953

285,195
2,566,758
1,130,300
840,000
285,195
4,822,253

5
80,000,000
66,608,160
10,900,080
34,876,080
500,000
20,332,000

3,750,000
16,582,000
800,000
1,130,300
840,000
-9,710,460
1,535,667
-11,246,127
-1,686,919
-9,559,208
800,000
1,130,300
840,000
-1,686,919
0
0
-10,000,000
0
0
0
39,191,859
50,651,500

69,680,613

ANEXO 12
ANALISIS FINANCIERO
CALCULO DEL VALOR PRESENTE NETO
PERIODO DE 6 AOS

FLUJO NETO DE CAJA

Con financiamiento
DESCRIPCION
Flujo de Inversiones
1
2

PERIODOS
0
-73,194,859

Flujo Austado de Produccion

FLUJONETO DE CAJA

-73,194,859

-17,981,340
-16,133,340
-17,981,340 -16,133,340

-16,133,340

VALOR PRESENTE NETO

TASA( t)
12%

-17,981,340

Segn formula:
VPN=VPN/ (1+ t)^n
-73,194,859

V.P.N AO-0
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
VALOR PRESENTE NETO

-$73,194,859
-$16,054,768
-$12,861,400
-$21,069,008
-$6,101,253
$39,538,651
-$89,742,636

PERIODOS
3

-29,600,440
-9,600,440
69,680,613
-29,600,440
-9,600,440
69,680,613
-9,600,440
-29,600,440
69,680,613

ANEXO 13
ANALISIS FINANCIERO
CALCULO DEL LA TASA INTERNA DE RETORNO
PERIODO DE 6 AOS

FLUJO NETO DE CAJA

Con financiamiento
DESCRIPCION
Flujo de Inversiones
1
2

Flujo Austado de Produccion

FLUJONETO DE CAJA

PERIODOS
0
-73,194,859

-73,194,859

-17,981,340
-17,981,340

-16,133,340
-16,133,340

-16,133,340

VALOR PRESENTE NETO

TASA( ti) O TASA DE OPRTUNIDAD.
24%
1

-17,981,340

Segn formula:
VPN=VPN/ (1+ t)^n
-73,194,859

VPE
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

-$73,194,859
-$14,501,080
-$10,492,547
-$15,525,054
-$4,060,733
$23,768,596
-$94,005,675

CALCULO DE LA TIR
%DE LA TIR
CONTINUA
SENSIBILIZACION DE LA TASA DE INTERES

-$73,194,859

VPI
-$73,194,859
-$14,501,080
-$10,492,547
-$15,525,054
-$4,060,733
$23,768,596

-$73,194,859

-$94,005,675

Err:523
Err:523

Comportamiento de las diferentes tasa de Interes:

TASA DE INTERES

VPN
80%
-$90,466,328
76%
-$90,923,738
75.82%
-$90,944,499
70%
-$91,621,394
65%
-$92,205,627
Resumen de las diferentes tasas de interes y los calculos de los Valores Presentes Netos.

Calculo de los diferentes valores Presentes Netos a diferentes Tasas de Interes.

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO
PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO
PARA
V.P.N
V.P.N
V.P.N
V.P.N
V.P.N
V.P.N

AO-1
AO-2
AO-3
AO-4
AO-5
AO-6

80%
-$73,194,859
-$9,989,633
-$4,979,426
-$5,075,521
-$914,537
$3,687,648
-$90,466,328

76%
-$73,194,859
-$10,216,670
-$5,208,335
-$5,429,504
-$1,000,554
$4,126,184
-$90,923,738

75.82%
-$73,194,859
-$10,227,130
-$5,219,005
-$5,446,197
-$1,004,657
$4,147,349

VALOR PRESENTE NETO

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

-$90,944,499

70%
-$73,194,859
-$10,577,259
-$5,582,470
-$6,024,922
-$1,149,464
$4,907,580
-$91,621,394

65%
-$73,194,859
-$10,897,782
-$5,925,928
-$6,589,407
-$1,295,255
$5,697,604
-$92,205,627

PERIODOS
3

-29,600,440
-29,600,440

-9,600,440
-9,600,440

69,680,613
69,680,613

-9,600,440
-29,600,440
69,680,613

V.P.N AO-0

-$73,194,859

$40,000,000

V.P.N AO-1

-$14,501,080

$20,000,000
$0
-$20,000,000
-$40,000,000

V.P.N
AO-0

V.P.N
AO-1

V.P.N
AO-2

V.P.N
AO-3

V.P.N
AO-4

V.P.N
AO-5

$40,000,000
$20,000,000
V.P.N AO-2

-$10,492,547

V.P.N AO-3

-$15,525,054

V.P.N AO-4

-$4,060,733

V.P.N AO-5

$23,768,596

$0
-$20,000,000
-$40,000,000
-$60,000,000
-$80,000,000

V.P.N
AO-0

V.P.N
AO-1

V.P.N
AO-2

V.P.N
AO-3

V.P.N
AO-4

V.P.N
AO-5

$40,000,000
$20,000,000
$0
-$20,000,000
-$40,000,000

V.P.N
AO-0

V.P.N
AO-1

V.P.N
AO-2

V.P.N
AO-3

V.P.N
AO-4

V.P.N
AO-5

$40,000,000
$20,000,000
$0
-$20,000,000
-$40,000,000
-$60,000,000
-$80,000,000

V.P.N
AO-0

V.P.N
AO-1

V.P.N
AO-2

V.P.N
AO-3

V.P.N
AO-4

V.P.N
AO-5

ANEXO 13
ANALISIS FINANCIERO
CALCULO DEL LA RELACION COSTO BENEFICIO
PERIODO DE 6 AOS

FLUJO NETO DE CAJA

Con financiamiento
DESCRIPCION
Flujo de Inversiones
1
2

Flujo Austado de Produccion

FLUJONETO DE CAJA

PERIODOS
0
-73,194,859

-73,194,859

-17,981,340
-17,981,340

-16,133,340
-16,133,340

-16,133,340

RELACION BENEFICIO COSTO

TASA( ti) O TASA DE OPRTUNIDAD.
24%
1

-17,981,340

Segn formula:
R(B/C)=VPI/VPE
-73,194,859

VPE
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

-$73,194,859
-$14,501,080
-$10,492,547
-$15,525,054
-$4,060,733
$23,768,596
-$94,005,675

CALCULO DE LA RELACION BENEFICIO COSTO

VPI

$73,194,859
-$14,501,080
-$10,492,547
-$15,525,054
-$4,060,733
$23,768,596
$73,194,859

-$20,810,817

-0.2843

Comportamiento de las diferentes tasa de Interes:

TASA DE INTERES

VPN
80%
-$90,466,328
76%
-$90,923,738
75.82%
-$90,944,499
70%
-$91,621,394
65%
-$92,205,627
Resumen de las diferentes tasas de interes y los calculos de los Valores Presentes Netos.

Calculo de los diferentes valores Presentes Netos a diferentes Tasas de Interes.

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO
PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO
PARA

80%
-$73,194,859
-$9,989,633
-$4,979,426
-$5,075,521
-$914,537
$3,687,648
-$90,466,328

76%
-$73,194,859
-$10,216,670
-$5,208,335
-$5,429,504
-$1,000,554
$4,126,184
-$90,923,738

75.82%

V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

PARA
V.P.N AO-1
V.P.N AO-2
V.P.N AO-3
V.P.N AO-4
V.P.N AO-5
V.P.N AO-6
VALOR PRESENTE NETO

-$73,194,859
-$10,227,130
-$5,219,005
-$5,446,197
-$1,004,657
$4,147,349
-$90,944,499

70%
-$73,194,859
-$10,577,259
-$5,582,470
-$6,024,922
-$1,149,464
$4,907,580
-$91,621,394

65%
-$73,194,859
-$10,897,782
-$5,925,928
-$6,589,407
-$1,295,255
$5,697,604
-$92,205,627

PERIODOS
3

-29,600,440
-29,600,440

-9,600,440
-9,600,440

69,680,613
69,680,613

-9,600,440
-29,600,440
69,680,613