Professional Documents
Culture Documents
Project Appraisal
A
Khoa: Tham nh d an
Bang thong so
4
5
6
7
8
9
Cong suat
So ngay hoat ong/nam
So chuyen bnh quan ngay
So chuyen d kien /nam:
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Gia ban
n gia van tai/chuyen (gia nam 0)
Von lu ong
Khoan phai thu
Khoan phai tra
Tien mat
Huy ong von
N vay
- Noi a
Lai suat thc hang nam
Ky thanh toan
Thi gian thanh toan
T le lam phat trong nc
T le lam phat nc ngoai
T gia hoi oai
Lai suat danh ngha
VanThanh/TanBinh
300 ngay
40 chuyen
Nam
So chuyen
0
0
1
12000
2
12000
3
12000
4
12000
5
0
10/21/2015
OU/CPA
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
Project Appraisal
A
B
Von au t
Tong von au t (nam 0)
Thi gian khau hao
Chi ph hoat ong
Chi ph bao tr
Nhien lieu
Bao hiem
Lng tai xe
Chi ph hanh chanh
57
58
59
60
61
62
3%
20%
1%
8%
500000
Lch au t
Year
VanThanh/TanBinh
Ch so lam phat
Trong nc
Nc ngoai
Ch so lam phat tng oi
T gia hoi oai danh ngha
13440000 (1000ong)
10 nam (phng phap ng thang - Strainght line method)
55
56
14%
19.7%
1
1
1
16000
1.05
1.02
1.03
16471
1.10
1.04
1.06
16955
1.16
1.06
1.09
17454
1.22
1.08
1.12
17967
1.28
1.10
1.16
18495
0
1
0
12000
1800
1890
0 22680000
2
12000
1985
2E+007
3
12000
2084
3E+007
4
12000
2188
3E+007
5
0
0
13440000
10/21/2015
OU/CPA
Project Appraisal
A
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
VanThanh/TanBinh
1
2
3
4
423360 444528 466754 490092
4536000 4762800 5000940 5250987
226800 238140 250047 262549
1814400 1905120 2000376 2100395
525000 551250 578813 607753
7525560 7901838 8296930 8711776
1
6720000
900480
0
0
0
7620480
3
4
5080320 2540160
680763 340381
3220923 2880541
2540160 2540160
680763 340381
2540160
0
1
2
3
4
3402000 3572100 3750705 3938240
2268000 2381400 2500470 2625494
1134000 1190700 1250235 1312747
6720000
Von lu ong
Khoan muc Year
Act.Receivable(AR)
Act.Payable (AP)
Cash Balance ( CB )
Lch khau hao
Khoan muc Year
Thi gian khau hao
Gia tr con lai au nam
Mc khau hao (nam)
2
7620480
1021144
3561304
2540160
1021144
5080320
10
13440000 1E+007 1E+007 9408000 8064000
1344000 1344000 1344000 1344000
3
10/21/2015
OU/CPA
94
95
96
97
98
99
Project Appraisal
A
B
Khau hao tch luy
Gia tr con lai cuoi nam
E
F
G
H
1344000 2688000 4032000 5376000
13440000 12096000 1E+007 9408000 8064000
Doanh thu
Chi ph hoat ong
Chi ph khau hao
EBIT
Chi ph lai vay
Li nhuan trc thue
Tr(-) thue thu nhap (28%)
Lai rong (Net Income)
1
22680000
7525560
1344000
13810440
900480
12909960
3614789
9295171
100
101
102
103
104
105
106
107
108
109 Bao cao ngan lu Danh ngha theo quan iem Tong au t ( Nominal TIP )
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
VanThanh/TanBinh
NPV
22680000
###
###
###
62936186
-3402000 -170100 -178605 -187535 3938240 -1553688
###
8598107
19278000
13440000
###
###
###
###
13440000
-2268000 -113400 -119070 -125024 2625494 -1035792
1134000
56700
59535
62512
###
517896
7525560 7901838 8296930 8711776
20883159
10/21/2015
OU/CPA
Project Appraisal
A
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
19.7%
###
76.67%
Bao cao ngan lu Thc theo quan iem Tong au t ( Real TIP )
Khoan muc Year
DONG THU
Doanh thu
Thay oi trong khoan phai thu
Gia tr thanh ly
Tong dong tien vao
DONG CHI
-Chi ph au t
-Thay oi trong khoan phai tra
-Thay oi trong khoan tien mat
-Chi ph hoat ong
Tong dong tien ra
NGAN LU RONG (trc thue)
Thue thu nhap doanh nghiep
NGAN LU RONG (sau thue)
HE SO WACC thc
NPV thc
IRR thc
VanThanh/TanBinh
NPV
21600000
###
###
###
62936186
-3240000 -154286 -154286 -154286 3085714 -1553688
8064000
7073684
-
18360000
###
###
###
###
13440000
13440000
0 -2160000 -102857 -102857 -102857 2057143 -1035792
0 1080000 51428.6 51428.6 51428.6 -1E+006
517896
0 7167200 7167200 7167200 7167200
20883159
13440000 6087200 7115771 7115771 7115771 1028571
-13440000 12272800 1E+007 1E+007 1E+007 1E+007 31765424
3442656 3440512 3551445 3653175
10227334
-13440000 8830144 1E+007 1E+007 1E+007 1E+007 21538090
14.00%
###
68.26%
10/21/2015
OU/CPA
Project Appraisal
A
157
158
159
160
161
162
163 BAO CAO NGAN LU THEO PHNG PHAP GIAN TIEP (oi chieu vi bao cao ngan lu thc - TIP)
Khoan muc Year
0
1
2
3
4
5
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
VanThanh/TanBinh
13152800
###
###
###
-3442656
###
###
###
1280000 1219048 1160998 1105712
-3240000 -154286 -154286 -154286 3085714
2160000 102857 102857 102857
###
-1080000
-51429
-51429
-51429 1028571
8830144
###
###
### 2057143
-13440000
-13440000
-13440000
8064000
0
0
0
0 8064000
8830144 1E+007 1E+007 1E+007 1E+007
So sanh vi CFS, TIP, Real
###
10/21/2015
OU/CPA
Project Appraisal
A
189
190
191
192
193
194
195
196
PHAN TCH TAC ONG CUA LAM PHAT EN NPV CUA MOT SO KHOAN MUC
Test column
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
DONG THU
Doanh thu
Thay oi trong khoan phai thu
Gia tr thanh ly
PV / Infla
0%
3%
5%
8%
Nhan xet
62936186 62936186
###
###
###
No
-1553688 -1159351
###
###
###
Bad
7073684 7073684 7073684 7073684 7073684
No
13440000 13440000
###
-1035792
-772901 -933698
517896
386450 466849
20883159 20883159
###
31765424 32028315
10227334 10315986
21538090 21712329
###
###
###
###
###
517896
###
###
###
590921
###
###
###
###
###
###
###
Nhan xet: Lam phat anh hng ro nhat en cac khoan: AR,AP, CB
217
218
219
220
VanThanh/TanBinh
No
Good
Bad
NPV (TIP)
21538090
7
10/21/2015
OU/CPA
Project Appraisal
A
D
E
F
G
H
1000
7699341
1400 14618715
1800 21538090 (Test row)
2200 28457465
2600 35376840
Nhan xet : NPV bat au am khi n gia giam xuong gan en 1 trieu ong.
221
222
223
224
225
226
227
228
229
PHAN TCH TAC ONG ONG THI CUA SO CHUYEN VA N GIA NPV (TIP)
230
231
232
233
234
235
236
237
238
239
240
VanThanh/TanBinh
10/21/2015