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A Dios y a Nuestra Madre Santsima por sostenerme siempre en mis momentos de
debilidad y mostrarme el camino, que por ms difcil que este fuera ellos siempre estarn
conmigo.
A mis padres amados Washington y Lucia, mis ngeles que me tomaron como arcilla entre
sus manos moldendome de la manera correcta, siempre apegados a inculcarme
principios de humildad, amor y tolerancia, los cuales se han visto reflejados en todo lo que
soy, siendo mis padres el pilar fundamental de mi vida.
A mis familiares y amigos, aquellos seres maravillosos con los que compart muchas
vivencias en el trayecto de mi vida, aprendiendo grandes lecciones de vida, las cuales me
ensearan a mejorar con los das, en especial a la familia Constante Vaca por brindarme
todo su apoyo incondicional, y por ser aquellos amigos que para m se volvieron familia.
A Ricardo por su contribucin y entrega para la realizacin del presente trabajo, gracias
por ser un gran amigo y el hermano que nunca tuve.
A la Escuela Politcnica Nacional, campo de batalla que sirvi para la conquista de mis
sueos, A los Ingenieros de la Facultad de Ingeniera en Geologa y Petrleos, los cuales
fueron la herramienta de Dios para transmitirme conocimientos y me brindaron una
amistad que durar para toda la vida.
A mi querido Director del Presente Trabajo el Ing. Franklin Gmez, que posee una gran
calidez humana, supo guiar bien nuestro camino, nos brind una sonrisa, y una mano
amiga.
A la Agencia de Regulacin y Control Hidrocarburfero, a Baker Hughes, a Petroamazonas
y a los ingenieros que hicieron posible mi sueo: Mara Loroa, Oscar Ponce, Pablo Armas,
Patricio Eras; entidades y valiosas personas que nos colaboraron poniendo a disposicin el
valor incalculable de sus conocimientos, compartiendo nuestras dudas y ansiedades,
haciendo que siempre surja una nueva esperanza.
Infinitamente Agradecida,
Jessi

9


$*5$'(&,0,(1726
A Nuestro Seor Jesucristo por haberme cuidado y guardado durante toda mi carrera
universitaria por darme la sabidura necesaria para poder realizar el presente trabajo, por
haberme colocado en con personas idneas, porque sin ellas fuera imposible haber
sacado adelante este trabajo.
A mis queridos padres, Blanca Masapanta y Jos Morales, por nunca perder su fe en m,
por haberme provisto todo lo necesario durante toda mi vida, y por haberme enseado a
no desfallecer en tiempos de angustia.

A mis queridos hermanos: Jessenia, Kevin y Bryan y a mis sobrinos: Mateo y Tamara, por
haberme siempre recibido con gran cario al regresar a mi hogar. Que pese a la distancia
siempre estn en mi mente y oracin.
A Jessica, mi gran compaera y amiga, por haberme dado la confianza en el desarrollo de
este trabajo, porque a pesar de todo ha demostrado ser una gran persona en momentos
donde no lo mereca.
A mi Alma Mater, Escuela Politcnica Nacional, por haberme nutrido de conocimiento
esencial en mi vida acadmica y profesional, a los mis profesores de la Facultad de
Ingeniera en Petrleos que fueron los medios por donde ese conocimiento fue impartido.
Al Ing. Franklin Gmez por habernos ayudado con la elaboracin y direccin de nuestro
trabajo, ya que sus conocimientos y experiencia han sido de gran ayuda en la realizacin
del presente trabajo.
A la Agencia de Regulacin y Control Hidrocarburfera, a Petroamazonas, a Baker Hughes
y de manera muy especial a los ingenieros: Mara Loroa, Oscar Ponce, Pablo Armas y
Patricio Eras, por habernos colaborado con toda la informacin y logstica indispensables
en el desarrollo del presente trabajo.

Ricardo

9,


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A Nuestros Padres Celestiales, por guiar nuestros pasos, darnos vida y esperanza
en su infinito amor.

A mis Padres Washington y Lucia, por su comprensin, amor, esfuerzo y sacrificio


que se ven reflejados en la persona que soy, siendo ellos mi alma y yo vida de su
vida.

A toda mi familia y amigos, que siempre creyeron en m, supieron brindarme una


palabra de aliento, y me han acompaado en el transcurso de mi vida.

A aquel constante amor que siempre estuvo all y pese a las adversidades, las
circunstancias me ensearon a ser muy fuerte.

Con amor,
Jessi

9,,


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A Nuestro Seor Jesucristo porque Todo lo que hacis, sea de palabra o de
hecho, hacedlo todo en el nombre del Seor Jesucristo (Colosenses 3:17)

A mis queridos padres Blanca Masapanta y Jos Morales, ya que fueron mi


inspiracin y ejemplo a lo largo de toda mi vida.

A mis queridos tos Marco, Marcelo, Lina, Magdalena y Cecilia Masapanta, por
haberme brindado su apoyo durante mi carrera estudiantil, a ellos les estoy muy
agradecido.

A mi querida Iglesia Manada Pequea y de manera especial a mi pastor Joffre


Pea, por haberme guardado en sus oraciones.

A mis compaeros y amigos por hacer que mi estada lejos de mi familia sea ms
confortable.

Ricardo

9,,,


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EMR= 912'
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WO 3:

21-sep- 12

WO 4:

18-nov- 12

WO 5:

3 1/2" EU E PIN x 3 1/2" PIN TSH -BLU E X-O

WO 6:
WO 7:

MR= 31,5'

06-feb- 13
03-jul- 13

01-feb-15

20" CASING CODUCT OR

300'

7.5 TUBOS, 94 LPP, GR,H CEMENTADO CON


548 Sxs DE CEMENTO TIPO "A"
13" CASING SUPERFICIAL
134 TUBOS, C-95, 72 LPP, BTC, R-3
CEMENTADO CON 2011Sx s DE CEMENTO TIPO "A"

13 3/8" ZAPATO GUIA

5537'

9 5/8" CASI NG I NTERMEDI O


221 TUBOS, C-95, 47 LPP, BTC,R-3 REF
CEMENTADO CON 1566 Sxs TIPO "G"

ARENA " BT " @ 5 DPP


8752' - 8756' ( 4' ) SQZ (CPI)

292 T UBOS 3 1/2" T SH-BLUE CLASE "A", 9.2 LPP, L-80, Cr1

9151"

TOPE COLGADOR DE 7"


3 1/ 2" TSH -BLU E BOX x 3 1/ 2" EU E PI N

X-O

9254'

7" X 3 1/2" EUE ANCLA MECANICA HALLIBURTON

9288'

3 1/2" EUE (1) TUBO CLASE "A"


3 1/2" EUE X 3 1/2" EUE NIPLE ASIENTO
3 1/2" EUE (1) TUBO CLASE "A"

9 5/8" ZAPATO

9353'

2 7/8" EUE PIN X 3 1/2"EUE BOX X-O


2 7/8" EUE (1) TUBO CLASE "A"

9358'

2 7/8" EUE NO- GO CON ST/V


2 7/8" EUE (1) TUBO CLASE "A"

2 7/8" EUE PATA MULA

9388'

7" CASI NG DE PRODUCCI ON


20 T UBOS, C-95, 26 LPP, BT C,R-3 REF
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9409'

2 7/8" EUE ON-OFF CONECT OR, IZQUIERDO, WEAT HERFORD


2 7/8" EUE N-80 (1) T UBO CLASE "A"

ARENA " Ui " @ 5 DPP

9443'

7" X 2 7/8" EUE, PACKER SEH3J HIBRIDO, WEAT HERFORD

9495' - 9507' ( 12' ) SQZ(wo-5)


9510' - 9514' ( 4' ) SQZ(wo-5)

27/8"EUEN80(10)TUBOSCLASE"A".

9524' - 9528' ( 4' ) SQZ( CPI)


9528' - 9532' ( 4' ) SQZ( CPI)

ARENA " Ti " @ 5 DPP


9698' - 9710' ( 12' ) SQZ (WO-3)
9716' - 9720' ( 4' ) SQZ (WO-5)

9760'

7" X 2 7/8" EUE, PACKER SEH3J HIBRIDO, WEAT ERFORD


2 7/8" EUE N-80 (1) T UBO CLASE "A"

ARENA " Hs " @ 15 DPP


9842' - 9853' ( 11' )

9795'
9798'

2 7/8" EUE NOGO, (ID=2,25), NAB-0087, PET ROT ECH


2 7/8" EUE NIPLE CAMPANA.

9916'
9958'
10048'

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7" LANDING COLLAR
7" ZAPATO
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CO M PL ET A CI O N : 29 - J UN - 1972
W.O# 10: 29-JUN-2002
W.O# 11: 19-FEB-2004
W.O# 12: 08-JUN-2009
W.O# 13: 06-OCT-2013

EMR: 852'
ES:
835'

CA S IN G S UP E RF ICIA L
9 5/8", H-40, 32.3 LB/P, ST&C 16 TUBOS

Instalanparalainyeccionde
quimicoscapilarde1/4"desdeel
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empalme


534' 

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CEMENTADO CON 250 SXR

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de todallaexteciondelMLE..

5 1 / 2 " CS G
22 TUBOS, J-55, 15.5 LBS/PIE, ST&C @ 716'
130 TUBOS, J-55, 14 LBS/PIE, ST&C @ 4940'
52 TUBOS, J-55, 15.5 LBS/PIE, ST&C @ 6565'
49 TUBOS, J-55, 17 LBS/PIE, LT&C @ 8194'
35 TUBOS, N-80, 17 LBS/PIE, LT&C @ 9330'

23/8"EUE, N80,278,TUBOS CLASE "A"




23/8"CAMISA DESLIZABLE (ID= 1.87)







23/8"EUE, N80,1TUBO



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2 3/8"EUE DESCARGA+ SENSOR DESCARGA WELL LIFT

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A REN A " T s+p " ( 8 D PP)


9150' - 9156' (6')
9160' - 9185' (25')
9190' - 9210' (20')


A REN A " T p " ( 4 D PP)


9226' - 9256' (30')
9256' - 9262' (6') SQZ WO-2

9220'

7" CIBP ( WO-02)

9310' 

COLLAR FLOTADOR PERFORADO

9315' - 9317' (2') SQZ WO-2


9330'

P T ( L) = 9 3 3 4 '
PT(D) = 9 340 '

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25888,3
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29981,3
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24870,2
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32784,4
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32978,0
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32381,4
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MESES
2014 129,(0%5(














62710,0









5914,2



6197,2



5325,4



2985,1



5059,5



6917,4

















29801,3









POZOSHX1
BPPM
BFPM

7333,6



6939,0



6909,0



6271,0



6670,0



5980,3



POZOLBY2
BPPM
BFPM

BAPM
BSW API
29187,6
81 28,1
30034,6
81 28,1
29813,4
83 28,1
31313,8
86 28,7
28751,1
82 28,1
26816,2
90 28,1
29732,3
87 28,1
31174,7
85 28,1
33363,9
85 28,1
34122,8
85 28,1
30403,2
86 28,1
30169,8
84 28,1

BAPM
BSW API
51772,5
90 29,2
53823,1
90 29,2
59392,1
90 29,2
60030,0
90 29,2
58101,8
90 29,2
56439,0
90 29,2
61575,3
90 29,2
62181,0
90 29,2
62984,3
90 29,2
62451,0
90 29,2
63504,0
90 29,2
66002,1
90 29,2

+,6725,$/(6'(352'8&&,1'(7$//$'26'(32=26/,03,$'26&21-(7957(;






AO
MESES
2014 129,(0%5(



 ',&,(0%5(

6860,9

 )(%5(52

5083,2

 (1(52

2015 0$5=2
2015 ABRIL
2015 0$<2







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6830,1

 (1(52

 )(%5(52

2015 0$5=2
2015 ABRIL
2015 0$<2






9956,6


9112,3





















9092,2

75768,0





9503,3

 $*2672

9426,5

2015 6(37,(0%5(



POZOSHX3
BPPM
BFPM

 -81,2

2015 -8/,2



20197,6

6924,2

 ',&,(0%5(



4443,5

 $*2672

AO
MESES
2014 129,(0%5(





6657,6

2015 6(37,(0%5(





 -81,2

2015 -8/,2

POZOSHX2
BPPM
BFPM












BAPM BSW API


23727,6
78 33,1
24325,1
78 33,3
18342,0
78 33,3
18022,4
78 33,3
15862,1
78 31,9
15754,1
78 31,9
15477,6
73 31,9
14147,4
68 31,9
14471,4
68 31,9
14713,8
68 31,9
14117,6
68 31,9
14514,0
68 31,9

BAPM BSW API


69361,6
88 26,4
73014,9
88 26,4
75685,6
88 26,4
66823,7
88 26,4
72878,5
88 26,9
66675,8
88 26,9
71255,4
88 26,9
69690,7
88 26,9
71412,2
88 26,9
69127,5
88 26,9
67795,2
88 26,9
77978,4
88 26,9 

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10633,4
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0,45
0,4
0,35
0,3
0,25
0,2
0,15
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0,05
0
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2000

4000

6000

8000

10000

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Is

Is
2,95
2,9
2,85
2,8
2,75
2,7
2,65
2,6
2,55
2,5
2,45
0

2000

4000

6000

8000

10000

Profundidad (ft)


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0,8
0,7
0,6
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0,4
0,3
0,2
0,1
0
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2000

4000

6000

8000

10000

Profundidad (ft)

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0,3
0,25
0,2

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1000

2000

3000

4000

5000

6000

7000

8000

9000

0,1
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Profundidad (ft)

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$1(;21
7DEODVGHGDWRVGHORVKLVWRULDOHVGH3URGXFFLyQ0HQVXDOHVGH
ORV3R]RVOLPSLDGRVFRQ5RWR-HW



2760,0


1876,8













70897,4


7089,7


9007,2



11673,6















12812,4









8130,3



7213,7



POZOSHX4
BPPM
BFPM

2748,2



2566,8





3593,5









2511,6



2550,2



POZOLBY4
BPPM
BFPM

BAPM
65960,2
64923,3
56851,2
73172,4
68526,0
63807,6
24769,7
24871,2
25844,1
24806,4
24492,3
24352,8

BAPM
232,3
221,8
722,9
248,4
618,5
883,2
1076,3
1397,5
648,0
641,7
442,7
305,4

API
30,5
30,5
30,5
30,5
30,5
30,5
30,5
30,5
30,5
30,5
30,5
30,5

BSW API
90
29,8
90
29,8
90
29,8
90
29,8
90
29,8
90
29,8
66
11,175
66
27,94
68
20,5
68
20,5
72
20,5
73
20,5

8
8
25
9
21
32
32
28
20
20
14
10

BSW

)XHQWH3(752$0$=21$6(3
(ODERUDGRSRU-HVVLFD$UPLMRV\5LFDUGR0RUDOHV

 129,(0%5(

2015 2&78%5(

 6(37,(0%5(

2015 $*2672

 -8/,2

2015 $%5,/
2015 MAYO
2015 -81,2

 0$5=2

 )(%5(52

 (1(52

AO
MESES
2014 ',&,(0%5(

 ',&,(0%5(

2015 129,(0%5(

 2&78%5(

2015 6(37,(0%5(

 $*2672

2015 0$<2
2015 JUNIO
2015 -8/,2

 $%5,/

 0$5=2

 )(%5(52

AO
MESES
2015 (1(52

 -8/,2

2015 -81,2

 0$<2

2015 $%5,/

 0$5=2

2014 ',&,(0%5(
2015 ENERO
2015 )(%5(52

 129,(0%5(

 2&78%5(

 6(37,(0%5(

AO
MESES
2014 $*2672

 ',&,(0%5(

2015 129,(0%5(

 2&78%5(

2015 6(37,(0%5(

 $*2672

2015 0$<2
2015 JUNIO
2015 -8/,2

 $%5,/

 0$5=2

 )(%5(52

AO
MESES
2015 (1(52













20355,0









6244,0



8735,2



7405,1



5014,5



6660,9



8443,0

















8153,6









POZOSHX5
BPPM
BFPM

5096,1



4888,2



4008,1



2425,3



3801,1



2670,0



POZOLBY5
BPPM
BFPM

+,6725,$/(6'(352'8&&,1'(7$//$'26'(32=26/,03,$'26&215272-(7

BAPM
5031,9
4749,2
4783,0
4628,7
4598,0
3139,1
4840,0
4165,4
3355,1
3230,8
3861,0
3512,3

BAPM
7736,4
6966,0
7924,6
7728,9
17936,8
17929,7
18855,3
18614,2
18761,5
19849,8
19072,4
19021,9

BSW
API
36
28,6
36
28,6
41
28,6
41
28,6
41
28,6
39
28,6
41
28,6
36
28,6
36
28,6
27
28,6
36
28,6
36
28,6 

BSW
API
71
27,9
72
27,9
69
27,9
67
27,9
86
27,9
88
27,9
88
27,9
82
27,9
81
27,9
80
27,9
79
27,9
79
27,9













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Is
1,4
1,2
1
Is

0,8
0,6
0,4
0,2
0
0

2000

4000

6000

8000

10000

Profundidad (ft)


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Is
1,6
1,4
1,2

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1
0,8
0,6
0,4
0,2
0
0

2000

4000

6000

8000

10000

Profundidad (ft)

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32=26+;


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Is
0,5
0,45
0,4
0,35
Is

0,3
0,25
0,2
0,15
0,1
0,05
0
0

1000

2000

3000

4000

5000

6000

7000

8000

9000

Profundidad (ft)

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Is
1,4
1,2
1
Is

0,8
0,6
0,4
0,2
0
0

2000

4000

6000

8000

10000

Profundidad (ft)

(ODERUDGRSRU-HVVLFD$UPLMRV\5LFDUGR0RUDOHV










$1(;21
&iOFXORVGHORVLQGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRV
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32=2/%<


,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH

MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS EGRESOS
21483,37
40532,8 7044,2848
182857,22 33798,762
236250
39780
227936,8 38380,2155
217644 36647,104
163444,4 27520,9237

FC
VA
21483,37 21483,37
33488,5152 30444,1047
149058,458 123188,808
196470 147610,819
189556,585 129469,698
180996,896 112384,832
135923,476 76725,2588
VAN
598340,151
d=0,1
TIR

VA
VA[ingresos]
21483,37
0
8325,14182
36848
9211,87678 151121,6694
3018,44655 177498,1217
723,972162 155683,9014
171,850131 135139,8004
32,0825561 92260,10281
5,185E09 748551,5958
3,02257594 B/C

VA[egresos] SUMATORIA
21483,37 21483,37
6403,895273 8960,73473
27932,86118 132149,543
29887,30278 279760,362
26214,20358 409230,06
22754,9683 521614,892
15534,84398 598340,151
150211,4451
4,983319316

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS EGRESOS
21483,37
25594,8088 7044,2848
113614,162 33798,762
178782,75
39780
187580,432 38380,2155
177584,031 36647,104
106867,029 27520,9237

FC
VA
21483,37 21483,37
18550,524 16864,1127
79815,4005 65963,1409
139002,75 104434,823
149200,217 101905,755
140936,927 87510,7431
79346,1051 44788,8078
VAN
399984,013
d=0,1
TIR

VA
VA[ingresos]
21483,37
0
6026,75646
23268,008
8424,45117 93896,00205
4766,56778 134322,1262
1662,18475
128119,959
510,107958 110265,7114
93,3018757 60323,65174
5,8691E12 550195,4584
2,07802781 B/C

VA[egresos] SUMATORIA
21483,37 21483,37
6403,895273 4619,25727
27932,86118 61343,8836
29887,30278 165778,707
26214,20358 267684,462
22754,9683 355195,206
15534,84398 399984,013
150211,4451
3,662806506

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS EGRESOS
21483,37
14476 7044,2848
65306,15 33798,762
84375
39780
81406 38380,2155
77730 36647,104
58373 27520,9237

FC
VA
21483,37 21483,37
7431,7152 6756,10473
31507,388 26039,1636
44595 33504,8835
43025,7845 29387,1898
41082,896 25509,2461
30852,0763 17415,1927
VAN
117128,411
d=0,1
TIR

VA
VA[ingresos]
21483,37
0
3706,67068
13160
7837,94643 53972,02479
5533,13165 63392,18633
2662,61625 55601,39335
1268,04824 48264,21444
474,956752 32950,03672
3,5813E08 267339,8556
1,00495696 B/C

VA[egresos] SUMATORIA
21483,37 21483,37
6403,895273 14727,2653
27932,86118 11311,8983
29887,30278 44816,7819
26214,20358 74203,9717
22754,9683 99713,2178
15534,84398 117128,411
150211,4451
1,779756898




)/8-26'(&$-$'(/32=2/%<


ESCENARIOOPTIMISTA$70
250000
200000
150000
100000
50000
0
50000

ENERO

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

JULIO

FlujodeCaja 21483,37 33488,52 149058,46 196470,00 189556,58 180996,90 135923,48

ESCENARIOREAL
160000
140000
120000
100000
80000
60000
40000
20000
0
20000
40000

ENERO

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

JULIO

FlujodeCaja 21483,37 18550,52 79815,40 139002,75 149200,22 140936,93 79346,11

ESCENARIOPESIMISTA$25
50000
40000
30000
20000
10000
0
10000
20000
30000

ENERO

FEBRERO

FlujodeCaja 21483,37 7431,72

MARZO

ABRIL

MAYO

JUNIO

JULIO

31507,39 44595,00 43025,78 41082,90 30852,08



32=2/%<

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos]SUMATORIA
MARZO
22462,51 22462,51 22462,51 22462,51
0 22462,51 22462,51
ABRIL
9858,33333 1777,31667 8081,01667 7346,37879 4043,86966 8962,121212 1615,74242 15116,1312
MAYO
37541 6768,106 30772,894 25432,1438 7706,02891 31025,61983 5593,47603 10316,0126
JUNIO
56490 10184,34 46305,66 34790,1277 5802,66527
42441,7731 7651,64538 45106,1403
JULIO
48499,5 8743,767 39755,733 27153,7006 2493,0119 33125,81108 5972,11051 72259,8409
AGOSTO
60543 10915,038 49627,962 30815,0598 1557,33547 37592,43966 6777,37984 103074,901
SEPTIEMBRE
66780 12039,48 54740,52 30899,5965 859,598796 37695,56905 6795,97259 133974,497
VAN
133974,497
0 190843,3339 56868,8368
d=0,1
TIR
0,99833757 B/C
3,35585084

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE

INGRESOS EGRESOS
22462,51
7460,31722 1777,31667
30894,34 6768,106
46092,343 10184,34
31711,074 8743,767
32234,265 10915,038
37341,7142 12039,48

FC
VA
22462,51 22462,51
5683,00056 5166,36414
24126,234 19939,0364
35908,003 26978,2141
22967,307 15686,9797
21319,227 13237,5626
25302,2342 14282,4516
VAN
72828,0986
d=0,1
TIR

VA
VA[ingresos] VA[egresos]SUMATORIA
22462,51
0 22462,51 22462,51
3247,88059 6782,106566 1615,74242 17296,1459
7880,14566
25532,5124 5593,47603 2642,89051
6702,83174
34629,8595 7651,64538 29621,1046
2450,18849 21659,09023 5972,11051 45308,0843
1299,82004 20014,94247 6777,37984 58545,647
881,643481 21078,42417 6795,97259 72828,0986
1,9327E12 129696,9353 56868,8368
0,74975662 B/C
2,28063282

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
MARZO
22462,51 22462,51 22462,51
ABRIL
3520,83333 1777,31667 1743,51667 1585,01515
MAYO
13407,5 6768,106 6639,394 5487,10248
JUNIO
20175 10184,34
9990,66 7506,13073
JULIO
17321,25 8743,767 8577,483 5858,5363
AGOSTO
21622,5 10915,038 10707,462 6648,49147
SEPTIEMBRE
23850 12039,48 11810,52 6666,73064
VAN
11289,4968
TIR

VA
VA[ingresos] VA[egresos]SUMATORIA
22462,51
0 22462,51 22462,51
1423,18092 3200,757576 1615,74242 20877,4948
4423,80995 11080,57851 5593,47603 15390,3924
5433,7069 15157,77611 7651,64538 7884,26164
3807,99092 11830,64681 5972,11051 2025,72534
3880,22214 13425,87131 6777,37984 4622,76613
3493,59918 13462,70323 6795,97259 11289,4968
1,4097E11 68158,33355 56868,8368
0,22508435 B/C
1,19851816




)/8-26'(&$-$'(/32=2/%<


ESCENARIOOPTIMISTA$70
60000
50000
40000
30000
20000
10000
0
10000
20000
30000
MARZO
FlujodeCaja 22462,51

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

8081,02

30772,89

46305,66

39755,73

49627,96

54740,52

ESCENARIOREAL
40000
30000
20000
10000
0
10000
20000
30000
MARZO
FlujodeCaja 22462,51

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

5683,00

24126,23

35908,00

22967,31

21319,23

25302,23

ESCENARIOPESIMISTA$25
15000
10000
5000
0
5000
10000
15000
20000
25000
MARZO
FlujodeCaja 22462,51

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

1743,52

6639,39

9990,66

8577,48

10707,46

11810,52



32=2/%<


,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH

MES
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO

INGRESOS
25905,5067
195174
194974,5
163772
131993,867
156051,933

EGRESOS
21274,69
4502,0053
29959,209
30508,867
26183,4663
21811,7384
25347,2926

FC
VA
21274,69 21274,69
21403,5014 19457,7285
165214,791 136541,15
164465,633 123565,464
137588,534 93974,8198
110182,128 68414,4329
130704,641 73779,3622
VAN
494458,267
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
21274,69
0 21274,69 21274,69
5681,71244 23550,4606 4092,73209 1816,96148
11642,2729 161300,826 24759,6769 134724,188
3076,51073 146487,228 22921,7633 258289,652
683,219008 111858,48 17883,6598 352264,472
145,23901 81957,8063 13543,3734 420678,905
45,7359342 88087,2481 14307,8859 494458,267
4,0217E11 613242,049 118783,781
2,76708635 B/C
5,16267492

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO

INGRESOS
16095,7956
147698,389
160454,13
133627,814
86303,3077
83085,0697

EGRESOS
21274,69
4502,0053
29959,209
30508,867
26183,4663
21811,7384
25347,2926

FC
VA
21274,69 21274,69
11593,7903 10539,8094
117739,18 97305,1076
129945,263 97629,7994
107444,347 73385,935
64491,5694 40044,1906
57737,7771 32591,4699
VAN
330221,622
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
21274,69
0 21274,69 21274,69
3697,63955 14632,5415 4092,73209 10734,8806
11976,2063 122064,784 24759,6769 86570,227
4215,58495 120551,563 22921,7633 184200,026
1111,68078 91269,5948 17883,6598 257585,961
212,813218 53587,564 13543,3734 297630,152
60,7651878 46899,3558 14307,8859 330221,622
6,1446E08 449005,403 118783,781
2,13545714 B/C
3,78002281

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO

INGRESOS
9251,96667
69705
69633,75
58490
47140,6667
55732,8333

EGRESOS
21274,69
4502,0053
29959,209
30508,867
26183,4663
21811,7384
25347,2926

FC
VA
21274,69 21274,69
4749,96137 4318,1467
39745,791 32847,7612
39124,883 29395,1037
32306,5337 22065,7972
25328,9283 15727,2717
30385,5407 17151,8456
VAN
100231,236
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
21274,69
0 21274,69 21274,69
2410,53425 8410,87879 4092,73209 16956,5433
10236,1726 57607,438 24759,6769 15891,2179
5113,55272 52316,867 22921,7633 45286,3215
2142,80809 39949,457 17883,6598 67352,1188
852,575715 29270,6451 13543,3734 83079,3904
519,046589 31459,7315 14307,8859 100231,236
1,4913E09 219015,017 118783,781
0,97050151 B/C
1,84381247



)/8-2'(&$-$'(/32=2/%<

ESCENARIOOPTIMISTA$70
200000
150000
100000
50000
0
50000

FEBRERO

FlujodeCaja 21274,69

MARZO

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

21403,50

165214,79

164465,63

137588,53

110182,13

130704,64

ESCENARIOREAL
140000
120000
100000
80000
60000
40000
20000
0
20000
40000

FEBRERO

FlujodeCaja 21274,69

MARZO

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

11593,79

117739,18

129945,26

107444,35

64491,57

57737,78




ESCENARIOPESIMISTA$25
50000
40000
30000
20000
10000
0
10000
20000
30000

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

FlujodeCaja 21274,69

4749,96

39745,79

39124,88

32306,53

25328,93

30385,54



32=26+;

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS
26557,44
145212,06
198197,3
227227,21
259530,6
176769,828

EGRESOS
21256,55
4784,7707
23496,2432
31278,3789
35662,4918
40312,8526
28208,6916

FC
VA
21256,55 21256,55
21772,6693 19793,3357
121715,817 100591,584
166918,921 125408,656
191564,718 130841,28
219217,747 136116,974
148561,136 83858,8883
VAN
575354,168
d=0,1
TIR

VA
VA[ingresos] VA[egresos] SUMATORIA
21256,55
0 21256,55 21256,55
6142,25322 24143,12727 4349,79155 1463,21427
9686,77246 120009,9669 19418,3828 99128,3699
3747,60397 148908,565 23499,909 224537,026
1213,3321 155199,2419 24357,9618 355378,306
391,702111 161148,0835 25031,1098 491495,28
74,8861414 99781,95924 15923,071 575354,168
1,2704E08 709190,9438 133836,776
2,54473652 B/C
5,2989243

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS
16769,9394
90224,201
149986,279
186996,475
211760,903
115579,771

EGRESOS
21256,55
4784,7707
23496,2432
31278,3789
35662,4918
40312,8526
28208,6916

FC
VA
21256,55 21256,55
11985,1687 10895,6079
66727,9578 55147,0726
118707,9 89187,0021
151333,984 103363,147
171448,051 106455,751
87371,079 49318,6963
VAN
393110,726
d=0,1
TIR

VA
VA[ingresos] VA[egresos] SUMATORIA
21256,55
0 21256,55 21256,55
4233,27588 15245,39944 4349,79155 10360,9421
8324,77831 74565,4554 19418,3828 44786,1305
5230,90564 112686,9111 23499,909 133973,133
2355,40803 127721,1088 24357,9618 237336,28
942,528867 131486,8603 25031,1098 343792,03
169,653268 65241,76731 15923,071 393110,726
1,3387E11 526947,5024 133836,776
1,83118063 B/C
3,93723996

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO
JULIO

INGRESOS
9484,8
51861,45
70784,75
81152,575
92689,5
63132,0813

EGRESOS
21256,55
4784,7707
23496,2432
31278,3789
35662,4918
40312,8526
28208,6916

FC
VA
21256,55 21256,55
4700,0293 4272,75391
28365,2068 23442,3197
39506,3711 29681,7213
45490,0832 31070,3389
52376,6474 32521,7772
34923,3897 19713,343
VAN
119445,704
d=0,1
TIR

VA
VA[ingresos] VA[egresos] SUMATORIA
21256,55
0 21256,55 21256,55
2427,27297 8622,545455 4349,79155 16983,7961
7565,22871 42860,70248 19418,3828 6458,52358
5441,53342 53181,63035 23499,909 36140,2449
3235,85422 55428,30066 24357,9618 67210,5838
1924,10144 57552,88697 25031,1098 99732,361
662,559239 35636,41402 15923,071 119445,704
6,7113E08 253282,4799 133836,776
0,93634147 B/C
1,89247296



)/8-2'(&$-$32=2'(/32=26+;

ESCENARIOOPTIMISTA$70
250000
200000
150000
100000
50000
0
50000
ENERO

FEBRER
O

MARZO

ABRIL

MAYO

JUNIO

JULIO

FlujodeCaja 21256,55 21772,67 121715,82 166918,92 191564,72 219217,75 148561,14

ESCENARIOREAL
200000
150000
100000
50000
0
50000

ENERO

FEBRERO

FlujodeCaja 21256,55 11985,17

MARZO

ABRIL

MAYO

JUNIO

JULIO

66727,96 118707,90 151333,98 171448,05 87371,08

ESCENARIOPESIMISTA$25
60000
50000
40000
30000
20000
10000
0
10000
20000
30000

ENERO

FlujodeCaja 21256,55

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

JULIO

4700,03

28365,21

39506,37

45490,08

52376,65

34923,39



32=26+;

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos]SUMATORIA
MARZO
21930,07 21930,07 21930,07 21930,07
0 21930,07 21930,07
ABRIL
1038,66 146,788287 891,871713 810,792466 334,190844 944,2363636 133,443898 21119,2775
MAYO
83870,5 11348,6993 72521,8007 59935,3725 10182,4642 69314,46281 9379,09033 38816,0949
JUNIO
158451,3 20785,4152 137665,885 103430,417 7242,73845 119046,8069 15616,3901 142246,512
JULIO
158872,21 20840,6295 138031,58 94277,4267 2721,11621 108511,8571 14234,4304 236523,939
AGOSTO
166857,81 21888,1691 144969,641 90014,7412 1070,87271 103605,5721 13590,8309 326538,68
SEPTIEMBRE 157469,9 20656,6765 136813,223 77227,4979 378,687543 88887,65332 11660,1554 403766,178
VAN
403766,178 3,0127E12 490310,5887 86544,411
d=0,1
TIR
1,66874969 B/C
5,66542175

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE

INGRESOS EGRESOS
21930,07
786,008428 146,788287
69021,17 11348,6993
129286,452 20785,4152
103877,533 20840,6295
88838,3276 21888,1691
88053,2495 20656,6765

FC
VA
21930,07 21930,07
639,220141 581,109219
57672,4707 47663,1989
108501,037 81518,4348
83036,9034 56715,3223
66950,1584 41570,7809
67396,5729 38043,6084
VAN
244162,385
d=0,1
TIR

VA
VA[ingresos] VA[egresos]SUMATORIA
21930,07
0 21930,07 21930,07
266,810642 714,5531164 133,443898 21348,9608
10047,8687 57042,28926 9379,09033 26314,2381
7890,27208 97134,82488 15616,3901 107832,673
2520,47233 70949,75269 14234,4304 164547,995
848,232864 55161,61188 13590,8309 206118,776
356,413378 49703,76378 11660,1554 244162,385
9,2308E10 330706,7956 86544,411
1,39578203 B/C
3,82123804

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos]SUMATORIA
MARZO
21930,07 21930,07 21930,07 21930,07
0 21930,07 21930,07
ABRIL
370,95 146,788287 224,161713 203,783375 131,224478 337,2272727 133,443898 21726,2866
MAYO
29953,75 11348,6993 18605,0507 15376,075 6375,84416 24755,16529 9379,09033 6350,21166
JUNIO
56589,75 20785,4152 35804,3348 26900,3267 7182,83455 42516,71675 15616,3901 20550,115
JULIO
56740,075 20840,6295 35899,4455 24519,8043 4216,00785 38754,23468 14234,4304 45069,9193
AGOSTO
59592,075 21888,1691 37703,9059 23411,1591 2592,11002 37001,99005 13590,8309 68481,0784
SEPTIEMBRE 56239,25 20656,6765 35582,5735 20085,4351 1432,04894 31745,59047 11660,1554 88566,5135
VAN
88566,5135 9,4587E11 175110,9245 86544,411
d=0,1
TIR
0,70823093 B/C
2,02336491



)/8-2'(&$-$'(/32=26+;

ESCENARIOOPTMISTA$70
160000
140000
120000
100000
80000
60000
40000
20000
0
20000
40000
MARZO
FlujodeCaja 21930,07

ABRIL

MAYO

JUNIO

891,87

72521,80

JULIO

AGOSTO

SEPTIEMB
RE

137665,88 138031,58 144969,64 136813,22

ESCENARIOREAL
120000
100000
80000
60000
40000
20000
0
20000
40000
MARZO
FlujodeCaja 21930,07

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

639,22

57672,47

108501,04

83036,90

66950,16

67396,57

ESCENARIOPESIMISTA$25
50000
40000
30000
20000
10000
0
10000
20000
30000
MARZO
FlujodeCaja 21930,07

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

224,16

18605,05

35804,33

35899,45

37703,91

35582,57



32=26+;

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos] SUMATORIA
MARZO
21160,29 21160,29 21160,29 21160,29
0 21160,29 21160,29
ABRIL
18520,32 3118,46912 15401,8509 14001,6826 6201,69075 16836,65455 2834,971927 7158,60738
MAYO
66662,4 11224,6784 55437,7216 45816,2988 8988,34549 55092,89256 9276,593719 38657,6915
JUNIO
71517,6 12042,2016 59475,3984 44684,7471 3882,835 53732,2314 9047,484298 83342,4386
JULIO
68159,7 11476,7952 56682,9048 38715,1867 1490,05008 46553,99221 7838,805546 122057,625
AGOSTO
46351,2 7804,6592 38546,5408 23934,3691 408,010529 28780,44843 4846,079316 145991,994
SEPTIEMBRE
53424 8995,584 44428,416 25078,6826 189,358141 30156,45524 5077,772654 171070,677
VAN
171070,677 9,5213E12 231152,6744 60081,99746
d=0,1
TIR
1,48349224 B/C
3,847286778

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
MARZO
ABRIL
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE

INGRESOS
14015,2963
54859,776
58353,9343
44565,7644
24678,276
29873,3714

EGRESOS
21160,29
3118,46912
11224,6784
12042,2016
11476,7952
7804,6592
8995,584

FC
VA
21160,29 21160,29
10896,8271 9906,20649
43635,0976 36062,0641
46311,7327 34794,6902
33088,9692 22600,2112
16873,6168 10477,1885
20877,7874 11784,9667
VAN
104465,037
d=0,1
TIR

VA
VA[ingresos] VA[egresos] SUMATORIA
21160,29
0 21160,29 21160,29
5053,78548 12741,17841 2834,971927 11254,0835
9385,7598 45338,65785 9276,593719 24807,9806
4619,99234 43842,17455 9047,484298 59602,6709
1530,91192 30439,01673 7838,805546 82202,8821
362,069458 15323,26778 4846,079316 92680,0705
207,770996 16862,73933 5077,772654 104465,037
1,2206E09 164547,0347 60081,99746
1,15617129 B/C
2,738707793

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos] SUMATORIA
MARZO
21160,29 21160,29 21160,29 21160,29
0 21160,29 21160,29
ABRIL
6614,4 3118,46912 3495,93088 3178,11898 2538,38779 6013,090909 2834,971927 17982,171
MAYO
23808 11224,6784 12583,3216 10399,4393 6634,15422 19676,03306 9276,593719 7582,73168
JUNIO
25542 12042,2016 13499,7984 10142,5983 5167,88313 19190,08264 9047,484298 2559,86667
JULIO
24342,75 11476,7952 12865,9548 8787,62024 3576,20623 16626,42579 7838,805546 11347,4869
AGOSTO
16554 7804,6592 8749,3408 5432,65227 1765,83858 10278,73158 4846,079316 16780,1392
SEPTIEMBRE
19080 8995,584 10084,416 5692,38993 1477,82005 10770,16259 5077,772654 22472,5291
VAN
22472,5291 4,7748E12 82554,52657 60081,99746
d=0,1
TIR
0,3772249 B/C
1,374030992



)/8-2'(&$-$'(/32=26+;


ESCENARIOOPTMISTA$70
70000
60000
50000
40000
30000
20000
10000
0
10000
20000
30000
MARZO
FlujodeCaja 21160,29

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

15401,85

55437,72

59475,40

56682,90

38546,54

44428,42

ESCENARIOREAL
50000
40000
30000
20000
10000
0
10000
20000
30000
MARZO
FlujodeCaja 21160,29

ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

10896,83

43635,10

46311,73

33088,97

16873,62

20877,79

ESCENARIOPESIMISTA$25
20000
15000
10000
5000
0
5000
10000
15000
20000
25000
MARZO
FlujodeCaja 21160,29






ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

3495,93

12583,32

13499,80

12865,95

8749,34

10084,42










$1(;21
&iOFXORVGHORVLQGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRV
UHDOL]DGRVFRQ5RWR-HW



32=2/%<


,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH

MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos] SUMATORIA
MAYO
26810,658 26810,658 26810,658 26810,658
0 26810,658 26810,658
JUNIO
1254,4 149,726871 1104,67313 1004,2483 559,410777 1140,363636 136,1153369 25806,4097
JULIO
29902,6 3569,21454 26333,3855 21763,1285 6753,06257 24712,89256 2949,764084 4043,28122
AGOSTO
121259,6 14402,9458 106856,654 80282,9859 13876,9073 91104,13223 10821,14637 76239,7046
SEPTIEMBRE
55440 6530,04 48909,96 33406,1608 3216,51412 37866,26597 4460,105184 109645,865
OCTUBRE
49476 5827,566 43648,434 27102,2434 1453,62994 30720,70338 3618,459991 136748,109
NOVIEMBRE
63882 7484,5934 56397,4066 31834,8658 951,133255 36059,7236 4224,857849 168582,975
VAN
168582,975 1,4097E11 221604,0814 53021,10682
d=0,1
TIR
0,97470834 B/C
4,179544613

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE
OCTUBRE
NOVIEMBRE

INGRESOS EGRESOS
26810,658
1023,51275 149,726871
19551,6152 3569,21454
64560,958 14402,9458
31000,6684 6530,04
28124,484 5827,566
31275,0964 7484,5934

FC
VA
26810,658 26810,658
873,785876 794,350796
15982,4007 13208,5956
50158,0122 37684,4569
24470,6284 16713,7684
22296,918 13844,6318
23790,503 13429,1187
VAN
68864,2643
d=0,1
TIR

VA
VA[ingresos] VA[egresos] SUMATORIA
26810,658
0 26810,658 26810,658
549,331869 930,4661333 136,1153369 26016,3072
6316,86453 16158,35967 2949,764084 12807,7116
12463,2022 48505,60331 10821,14637 24876,7453
3822,64723 21173,87363 4460,105184 41590,5138
2189,74584 17463,09182 3618,459991 55435,1456
1468,86632 17653,97657 4224,857849 68864,2643
6,3788E08 121885,3711 53021,10682
0,59063387 B/C
2,298808502

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA
VA[ingresos] VA[egresos] SUMATORIA
MAYO
26810,658 26810,658 26810,658 26810,658
0 26810,658 26810,658
JUNIO
448 149,726871 298,273129 271,15739 225,283353 407,2727273 136,1153369 26539,5006
JULIO
10679,5 3569,21454 7110,28546 5876,26897 4056,17776 8826,033058 2949,764084 20663,2316
AGOSTO
43307 14402,9458 28904,0542 21716,0437 12453,8513 32537,19008 10821,14637 1052,81207
SEPTIEMBRE
19800 6530,04 13269,96 9063,56123 4318,46595 13523,66642 4460,105184 10116,3733
OCTUBRE
17670 5827,566 11842,434 7353,21979 2910,82322 10971,67978 3618,459991 17469,5931
NOVIEMBRE
22815 7484,5934 15330,4066 8653,61487 2846,0564 12878,47271 4224,857849 26123,208
VAN
26123,208 4,166E08 79144,31478 53021,10682
d=0,1
TIR
0,32399099 B/C
1,492694505



)/8-2'(&$-$'(/32=2/%<

ESCENARIOOPTIMISTA$70
120000
100000
80000
60000
40000
20000
0
20000
40000
MAYO

JUNIO

FlujodeCaja 26810,66

1104,67

JULIO

AGOSTO

SEPTIEMB
OCTUBRE
RE

26333,39 106856,65 48909,96

NOVIEMB
RE

43648,43

56397,41

ESCENARIOREAL
60000
50000
40000
30000
20000
10000
0
10000
20000
30000
40000
MAYO
FlujodeCaja 26810,66

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

OCTUBRE

NOVIEMB
RE

873,79

15982,40

50158,01

24470,63

22296,92

23790,50

ESCENARIOPESIMISTA$25
40000
30000
20000
10000
0
10000
20000
30000
MAYO
FlujodeCaja 26810,66

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

OCTUBRE

NOVIEMB
RE

298,27

7110,29

28904,05

13269,96

11842,43

15330,41



32=2/%<

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA VA[ingresos]VA[egresos] SUMATORIA
MAYO
27246,498 27246,498 27246,498 27246,498
0 27246,498 27246,498
JUNIO
3985,17 672,718962 3312,45104 3011,31913 1576,08921 3622,88182 611,562693 24235,1789
JULIO
19188,876 3197,95287 15990,9231 13215,639 3620,23025 15858,5752 2642,93625 11019,5399
AGOSTO
114286,305 17048,3633 97237,9417 73056,3048 10474,4142 85864,9925 12808,6877 62036,7649
SEPTIEMBRE 138329,625 20378,9472 117950,678
80561,9 6045,40993 94480,9952 13919,0952 142598,665
OCTUBRE
175633,29 25467,7413 150165,549 93240,9912 3662,07261 109054,455 15813,4636 235839,656
NOVIEMBRE 187945,8 26935,2196 161010,58 90886,2751 1868,28182 106090,504 15204,2293 326725,931
VAN
326725,931 3,3264E08 414972,404 88246,4727
d=0,1
TIR
1,10169007 B/C
4,70242482

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE
OCTUBRE
NOVIEMBRE

INGRESOS
3251,65202
12546,5184
60848,2408
77350,484
99838,2176
92013,7599

EGRESOS
27246,498
672,718962
3197,95287
17048,3633
20378,9472
25467,7413
26935,2196

FC
VA
27246,498 27246,498
2578,93306 2344,4846
9348,56548 7726,08718
43799,8774 32907,4962
56971,5368 38912,3262
74370,4763 46178,2146
65078,5403 36735,1394
VAN
137557,25
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
27246,498
0 27246,498 27246,498
1499,62332 2956,04729 611,562693 24902,0134
3161,03429 10369,0234 2642,93625 17175,9262
8611,90527 45716,1839 12808,6877 15731,57
6513,67971 52831,4213 13919,0952 54643,8961
4944,37207 61991,6782 15813,4636 100822,111
2515,88335 51939,3687 15204,2293 137557,25
1,1222E08 225803,723 88246,4727
0,71972056 B/C
2,55878468

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA VA[ingresos]VA[egresos] SUMATORIA
MAYO
27246,498 27246,498 27246,498 27246,498
0 27246,498 27246,498
JUNIO
1423,275 672,718962 750,556038 682,323671 519,947224 1293,88636 611,562693 26564,1743
JULIO
6853,17 3197,95287 3655,21713 3020,84061 1754,14489 5663,77686 2642,93625 23543,3337
AGOSTO
40816,5375 17048,3633 23768,1742 17857,381 7901,76745 30666,0687 12808,6877 5685,95269
SEPTIEMBRE 49403,4375 20378,9472 29024,4903 19824,1174 6684,50366 33743,2126 13919,0952 14138,1647
OCTUBRE
62726,175 25467,7413 37258,4337 23134,556 5944,36269 38948,0196 15813,4636 37272,7207
NOVIEMBRE
67123,5 26935,2196 40188,2804 22685,2366 4441,77208 37889,4658 15204,2293 59957,9572
VAN
59957,9572 1,057E08 148204,43 88246,4727
d=0,1
TIR
0,4435235 B/C
1,67943744



)/8-2'(&$-$'(/32=2/%<

ESCENARIOOPTIMISTA$70
200000
150000
100000
50000
0
50000
MAYO
FlujodeCaja 27246,50

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

3312,45

15990,92

97237,94

117950,68 150165,55 161010,58

OCTUBRE

NOVIEMBR
E

ESCENARIOREAL
80000
60000
40000
20000
0
20000
40000
MAYO
FlujodeCaja 27246,50

JUNIO

JULIO

AGOSTO

SEPTIEMB
RE

OCTUBRE

NOVIEMB
RE

2578,93

9348,57

43799,88

56971,54

74370,48

65078,54

ESCENARIOPESIMISTA$25
50000
40000
30000
20000
10000
0
10000
20000
30000
40000
MAYO
FlujodeCaja 27246,50

JUNIO

JULIO

AGOSTO

750,56

3655,22

23768,17

SEPTIEMBR
NOVIEMBR
OCTUBRE
E
E
29024,49

37258,43

40188,28



32=26+;

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA VA[ingresos]VA[egresos] SUMATORIA
ABRIL
26145,358 26145,358 26145,358 26145,358
0 26145,358 26145,358
MAYO
7750,62355 1397,3267 6353,29685 5775,72441 1529,97795 7046,02141 1270,297 20369,6336
JUNIO
378735 49126,5501 329608,45 272403,678 19114,8275 313004,132 40600,4547 252034,044
JULIO
358314,74 46532,7394 311782,001 234246,432 4354,20738 269207,168 34960,7359 486280,476
AGOSTO
312675,3 41016,2992 271659,001 185546,753 913,625459 213561,437 28014,6842 671827,228
SEPTIEMBRE
295869 38811,6728 257057,327 159612,376 208,190115 183711,371 24098,9952 831439,604
OCTUBRE
145216,4 19447,3512 125769,049 70993,3493 24,529569 81970,872 10977,5227 902432,953
VAN
902432,953 1,121E08 1068501 166068,048
d=0,1
TIR
3,15254145 B/C
6,43411551

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
ABRIL
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE
OCTUBRE

INGRESOS
6378,37029
309024,315
234281,698
166474,382
165442,582
82547,8276

EGRESOS
26145,358
1397,3267
49126,5501
46532,7394
41016,2992
38811,6728
19447,3512

FC
VA
26145,358 26145,358
4981,04359 4528,22144
259897,764 214791,541
187748,959 141058,572
125458,082 85689,5583
126630,909 78627,8318
63100,4764 35618,5739
VAN
534168,94
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
26145,358
0 26145,358 26145,358
1376,37497 5798,51845 1270,297 21617,1366
19844,2821 255391,995 40600,4547 193174,404
3961,20036 176019,308 34960,7359 334232,976
731,415807 113704,243 28014,6842 419922,534
203,996092 102726,827 24098,9952 498550,366
28,0886705 46596,0967 10977,5227 534168,94
4,8175E12 700236,988 166068,048
2,61895827 B/C
4,21656663

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
ABRIL
MAYO
JUNIO
JULIO
AGOSTO
SEPTIEMBRE
OCTUBRE

INGRESOS
2768,07984
135262,5
127969,55
111669,75
105667,5
51863

EGRESOS
26145,358
1397,3267
49126,5501
46532,7394
41016,2992
38811,6728
19447,3512

FC
VA
26145,358 26145,358
1370,75314 1246,13921
86135,9499 71186,7354
81436,8106 61184,6811
70653,4508 48257,2576
66855,8273 41512,2087
32415,6488 18297,7887
VAN
215539,453
d=0,1
TIR

VA VA[ingresos]VA[egresos] SUMATORIA
26145,358
0 26145,358 26145,358
585,491904 2516,43622 1270,297 24899,2188
15714,7595 111787,19 40600,4547 46287,5166
6346,08222 96145,417 34960,7359 107472,198
2351,6894 76271,9418 28014,6842 155729,455
950,489879 65611,2039 24098,9952 197241,664
196,845094 29275,3114 10977,5227 215539,453
5,3149E12 381607,5 166068,048
1,34119913 B/C
2,2978984



)/8-2'(&$-$'(/32=26+;

ESCENARIOOPTIMISTA$70
350000
300000
250000
200000
150000
100000
50000
0
50000
ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEM
OCTUBRE
BRE

FlujodeCaja 26145,36 6353,30 329608,45 311782,00 271659,00 257057,33 125769,05

ESCENARIOREAL
300000
250000
200000
150000
100000
50000
0
50000
ABRIL

MAYO

JUNIO

JULIO

AGOSTO

SEPTIEM
OCTUBRE
BRE

FlujodeCaja 26145,36 4981,04 259897,76 187748,96 125458,08 126630,91 63100,48

ESCENARIOPESIMISTA$25
100000
80000
60000
40000
20000
0
20000
40000
ABRIL

MAYO

FlujodeCaja 26145,36 1370,75

JUNIO

JULIO

AGOSTO

SEPTIEM
OCTUBRE
BRE

86135,95 81436,81 70653,45 66855,83 32415,65



32=26+;

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA VA[ingresos]VA[egresos]SUMATORIA
DICIEMBRE
27379,098 27379,098 27379,098 27379,098
0 27379,098 27379,098
ENERO
2728,32 328,684925 2399,63508 2181,48643 993,836428 2480,29091 298,804477 25197,6116
FEBRERO
95710,72 11577,5209 84133,1991 69531,5695 14431,3455 79099,7686 9568,19913 44333,9579
MARZO
136783,78 16416,4962 120367,284 90433,7219 8551,01348 102767,678 12333,9565 134767,68
ABRIL
48263,25 5792,45184 42470,7982 29008,1266 1249,59496 32964,4491 3956,32255 163775,806
MAYO
154504 18330,6448 136173,355 84552,9399 1659,36027 95934,8281 11381,8882 248328,746
JUNIO
111221,46 13348,5613 97872,8987 55246,6998 493,947409 62781,6146 7534,91486 303575,446
VAN
303575,446 3,1793E09 376028,63 72453,1838
d=0,1
TIR
1,41451712 B/C
5,18995315

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRUHDOGHEDUULO
MES
DICIEMBRE
ENERO
FEBRERO
MARZO
ABRIL
MAYO
JUNIO

INGRESOS EGRESOS
27379,098
1638,84022 328,684925
60437,4131 11577,5209
84987,4815 16416,4962
36523,3294 5792,45184
127148,96 18330,6448
90749,8262 13348,5613

FC
VA
27379,098 27379,098
1310,15529 1191,05027
48859,8922 40380,0762
68570,9854 51518,3962
30730,8775 20989,6028
108818,315 67567,6122
77401,2649 43690,9962
VAN
197958,636
d=0,1
TIR

VA VA[ingresos]VA[egresos]SUMATORIA
27379,098
0 27379,098 27379,098
650,341132 1489,85474 298,804477 26188,0477
12038,9718 49948,2753 9568,19913 14192,0284
8386,78927 63852,3528 12333,9565 65710,4247
1865,7298 24945,9254 3956,32255 86700,0275
3279,39879 78949,5005 11381,8882 154267,64
1157,86717 51225,9111 7534,91486 197958,636
4,5475E12 270411,82 72453,1838
1,01456625 B/C
3,73222825

,QGLFDGRUHVHFRQyPLFRVGHORVWUDEDMRVGHOLPSLH]DFRQURWRMHWSDUDXQFRVWRGHEDUULOGH
MES
INGRESOS EGRESOS
FC
VA
VA VA[ingresos]VA[egresos]SUMATORIA
DICIEMBRE
27379,098 27379,098 27379,098 27379,098
0 27379,098 27379,098
ENERO
974,4 328,684925 645,715075 587,013705 420,639429 885,818182 298,804477 26792,0843
FEBRERO
34182,4 11577,5209 22604,8791 18681,7182 9592,68746 28249,9174 9568,19913 8110,36607
MARZO
48851,35 16416,4962 32434,8538 24368,7857 8966,42057 36702,7423 12333,9565 16258,4197
ABRIL
17236,875 5792,45184 11444,4232 7816,695 2060,96265 11773,0176 3956,32255 24075,1147
MAYO
55180 18330,6448 36849,3552 22880,5504 4322,89971 34262,4386 11381,8882 46955,6651
JUNIO
39721,95 13348,5613 26373,3887 14887,0904 2015,48818 22422,0052 7534,91486 61842,7554
VAN
61842,7554 2,5586E08 134295,939 72453,1838



)/8-2'(&$-$'(/32=26+;

ESCENARIOOPTIMISTA$70
160000
140000
120000
100000
80000
60000
40000
20000
0
20000
40000

DICIEMB
RE

ENERO

FlujodeCaja 27379,10 2399,64

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

84133,20 120367,28 42470,80 136173,36 97872,90

ESCENARIOREAL
120000
100000
80000
60000
40000
20000
0
20000
40000

DICIEMB
RE

ENERO

FlujodeCaja 27379,10 1310,16

FEBRERO

MARZO

ABRIL

MAYO

JUNIO

48859,89 68570,99 30730,88 108818,32 77401,26

ESCENARIOPESIMISTA$25
50000
40000
30000
20000
10000
0
10000
20000
30000
40000

DICIEMBR
E

ENERO

FEBRERO

FlujodeCaja 27379,10

645,72

22604,88 32434,85 11444,42 36849,36 26373,39

MARZO

ABRIL

MAYO

JUNIO

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