INDICADORES

Industria
Cerveza
T1
T2
T3
T4

0.9
1.04
0.94
1.12

Financiera
Cuentas por cobrar
Cuentas por pagar
Tasa bonos (TV)
Tasa usura (EA)
Tasa sobregiro (EA)
Tasa credito C.P.(TV)
Tasa credito L.P. (TA)
Comisin por Factoring
Precio del informe especial
CDT (TV)
Fondos mutuos (TV)
Depreciacin

30%
20%
26%
31%
30.50%
27%
28%
5%
$
2,000,000
10%
12%
Linea recta

Prestaciones Sociales
Prestaciones Indirectas
Caja de compensacion
SENA
ICBF
Salud
ARP
Pension

4%
2%
3%
8.50%
4.35%
12.00%
33.85%

Total
Prestaciones directas:
Cesantias
Intereses a la cesantia
Prima de servicios
Vacaciones

Total

8.33%
1%
8.33%
4.16%
21.82%

TOTAL PRESTACIONES

55.67%

ACCIONES EN CIRCULACION

1,300,000

INDICADORES
Produccin
Mantenimiento Mezcl.(Por hora mq)
Mantenimiento Embot.(Por hora mq)
Tanque mezclador
Tanque de fermentacin/maduracion
Embotelladora/pasteurizadora
Envase
Costo del terreno (Por metro cuad)
Valor de la construccin (Por mt. cuad)
Mximo de horas extras
Sobrecosto por mquila
Capacidad de Mq por turno normal
Tiempo de entrega de la M.P.
$ Calidad Sobre la produccion
Inventario PT Y MP (en semanas)
Inventario PT Y MP (en semanas)
$ Investigacin y Desarrollo sobre la Pcc

2008
2,500
3,200
190,000,000
91,000,000
135,000,000
6,000
10,000
100,000
25%
275%
576
2 semanas
$
150 $
2 (Cebada)
2 (Lpulo)
$
100 $

2,610
3,340

280

180
300
200

Estandares de MP
Materia Prima #1 (Cebada malteada)
Materia Prima #2 (Lpulo)
Horas Trabajo en la Mezcladora

2.8
150
0.032

Horas Trabajo en la Embotelladora

0.025
2008

Costo de la M.O. por hora

Operarios de Mezcla.(Por los 4 oper.)
Operarios de Embot. (Por 9 oper.) tenia 8

12,480
28,080

Costo de la M.P.
Precio por Kgr (Cebada Malteada)
Precio por Gramo de (Lpulo)
Tasa de CIF
Gastos de mantenimiento por camin
Costo de cada caja con sus botellas
% de Publicidad sobre las ventas
Inversiones en CDT
% Comisiones
Costo de un camin
Muebles y enseres
Recargo gto admon 2 turno por C/10% (Nom. Adtiva)
Impuesto de Renta
Recargo Gto General 2 turno por C/10%

14,108
26,752
2008

1,758
19
39,520
5,200,000
7,000

1,628
16
41,251
5,427,760

4%
30%
1%
130,000,000
80,000,000
10,000,000
33%
5,000,000

2.0%

PROYECCIONES
PIB

IPC
IPP
SALARIO

2009
2,702
3,458

2010
2,795
3,577

360

2011
2,885
3,693

410 $

460

2
260

2009

310

2010

360

2011

14,535
27,563

14,995
28,434

15,370
29,144

2009
1,677
16
42,711
5,619,903

2010
1,730
17
44,181
5,813,227

2011
1,774
17
45,612
6,001,576

1.5%

1.9%

2.2%

2006

2007

2008

2009

2010

6.80%

6.7%

5.6%

5.0%

4.7%

2011
4.50%

2012
4.50%

4.48%
5.55%

5.1%
-0.12%
5.0%

4.38%
3.19%
6.0%

3.54%
3.03%
7.1%

3.44%
3.16%
6.2%

3.24%
2.50%
4.00%

3.08%
2.57%

C
T
1
2
3
4

9
ESTAC.
0.9
1.04
0.94
1.12

PERIODO
T110
T210
T310
T410
T111
T211
T311
T411
T112
T212
T312
T412
T113
T213
T313
T413
T114
T214
T314
T414
T115
T215
T315
T415

INDICE DE
ESTACIONALIDAD
0.9
1.04
0.94
1.12
0.9
1.04
0.94
1.12
0.9
1.04
0.94
1.12
0.9
1.04
0.94
1.12
0.9
1.04
0.94
1.12
0.9
1.04
0.94
1.12

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

VENTAS
HISTORICAS
320,000
420,000
389,000
430,000
326,700
333,300

VENTAS
INDUSTRIA
2,880,000
3,780,000
3,501,000
3,870,000
2,940,300
2,999,700

VTAS/INDICADOR
(DESESTACIN)
3,200,000
3,634,615
3,724,468
3,455,357
3,267,000
2,884,327
2,885,743
3,232,032
2,908,829
3,025,182
2,848,170
2,780,245
2,712,321
2,644,396
2,576,472
2,508,547
2,440,622
2,372,698
2,304,773
2,236,849
2,168,924
2,100,999
2,033,075
1,965,150

VENTAS
ESTAC.

2,355,468
2,669,447
2,405,963
2,684,602
2,798,234
2,886,146
2,597,532
2,701,433
2,539,347
2,844,068
2,559,662
2,662,048
2,502,325
2,802,604
2,522,344
2,623,238
2,465,843
2,761,744

% PARTICIPACION

9.64%
8.40%
5.34%
10.86%
14.44%
13.96%
15.00%
17.30%
17.80%
18.50%
19.20%
20.60%
21.20%
21.80%
22.50%
24.00%
25.50%
26.70%

VTAS
PROYECTADAS

227,067
224,236
128,543
291,503
404,065
402,906
389,630
467,348
452,004
526,153
491,455
548,382
530,493
610,968
567,527
629,577
628,790
737,386

PERIODO
VENTAS
Aumento del precio
Precio ($/Caja)
Volumen de Ventas (Unds)
INGRESOS POR VENTAS
Contado (60%)
Crdito (40%)

2006

SEM I/07

14,000
1,560,000
21,840,000,000
19,656,000,000
2,184,000,000

14,050
660,000
9,273,000,000
7,418,400,000
1,854,600,000

PRODUCCION
Ventas
(+) Inv. Final PT
(-) Inv. Inicial PT

PRODUCCION EN UND
MANO DE OBRA
Produccin
Horas Mezcladora

Costo Mezcladora
Horas Embotelladora

Costo Embotelladora
COSTO M.O.

1,560,000
0
0
1,560,000

660,000
0
0
660,000

1,560,000
49,920
623,001,600
39,000
1,095,120,000
1,718,121,600

660,000
21,120
263,577,600
16,500
463,320,000
726,897,600

1,560,000
4,368,000
7,678,944,000
234,000,000
4,446,000,000
12,124,944,000

660,000
1,848,000
3,248,784,000
99,000,000
1,881,000,000
5,129,784,000

4,368,000
4,368,000
7,678,944,000

1,848,000
482,000
2,330,000
4,096,140,000

234,000,000
234,000,000
4,446,000,000

99,000,000
340,000
99,340,000
1,887,460,000

12,124,944,000
11,215,573,200
909,370,800

5,983,600,000
5,086,060,000
897,540,000

39,520
88,920

39,520
37,620

MATERIA PRIMA
Produccion
Cebada para producir

Costo Cebada
Lupulo para producir

Costo Lupulo
COSTO M.P. UTILIZADA
COMPRAS
Materia Prima # 1
Cebada a producir
(+) I.F. Cebada
(-) I.I. Cebada

Compras Cebada Unds

Compras en Cebada
Materia Prima # 2
Lpulo a producir
(+) I.F. Lpulo
(-) I.I. Lpulo

Compras Lupulo en Unds

Compras Lupulo
COMPRAS EN M.P.
Contado (70%)
Crdito (30%)
COSTOS INDIRECTOS DE FABRICACIN
Tasa CIF Variables
Total Horas Produccin

CIF Variables
M.O.I

3,514,118,400
194,723,891

1,486,742,400
76,955,763

85,000,000
300,000,000
217,900,000
797,623,891
4,311,742,291

45,000,000
114,000,000
108,950,000
344,905,763
1,831,648,163

Mantenimiento Embotelladoras
Mantenimiento Mezcladoras

Mantenimiento Maquinas
Control de Calidad
Depreciacion Mq y Eq
CIF Fijos
COSTOS CIF

T307

T407

10%
15,500
227,067
3,519,538,500
2,463,676,950
1,055,861,550

227,067
146,523
0
373,590

2007

4.5%
16,200
224,236
3,632,623,200
2,542,836,240
1,089,786,960

T108

14,780
1,111,303
16,425,161,700
12,424,913,190
1,089,786,960

16,000
128,543
2,056,688,000
1,439,681,600
617,006,400

224,236
268,214
146,523
345,927

1,111,303
268,214
1,379,517

128,543
249,851
268,214
110,180

373,590
11,955
149,196,902
9,340
262,260,180
411,457,082

345,927
11,070
138,149,407
8,648
242,840,754
380,990,161

1,379,517
44,145
550,923,909
34,488
968,420,934
1,519,344,843

110,180
3,526
49,741,422
2,755
73,688,384
123,429,806

373,590
1,046,052
1,838,959,416
56,038,500
1,064,731,500
2,903,690,916

345,927
968,596
1,702,791,065
51,889,050
985,891,950
2,688,683,015

1,379,517
3,862,648
6,790,534,481
206,927,550
3,931,623,450
10,722,157,931

110,180
308,504
502,244,512
16,527,000
264,432,000
766,676,512

1,046,052
174,339
482,000
738,391
1,298,091,730

968,596
161,433
174,339
955,689
1,680,101,262

3,862,648
161,433
4,024,080
7,074,332,992

308,504
51,417
161,433
198,489
323,139,658

56,038,500
9,339,575
340,000
65,038,075
1,235,723,425

51,889,050
8,648,048
9,339,575
51,197,523
972,752,932

206,927,550
8,648,048
215,575,598
4,095,936,358

16,527,000
2,754,500
8,648,048
10,633,452
170,135,236

2,533,815,155
2,027,052,124
506,763,031

2,652,854,195
2,122,283,356
530,570,839

11,170,269,349
8,936,215,479
2,234,053,870

493,274,894
394,619,915
98,654,979

39,520
21,295

39,520
19,718

39,520
78,632

41,251
6,280

841,563,778
38,477,881
29,887,200
29,887,200
59,774,400
55,949,244
75,675,000
229,876,525
1,071,440,303

779,248,997
38,477,881
27,674,160
27,674,160
55,348,320
76,035,058
96,675,000
266,536,259
1,045,785,257

3,107,555,175
153,911,525

160,122,720
245,984,303
281,300,000
841,318,548
3,948,873,723

259,066,855
40,786,554
9,200,471
9,200,471
18,400,941
115,701,100
96,675,000
271,563,595
530,630,450

T208

T308

15,500
291,503
4,518,296,511
3,162,807,558
1,355,488,953

291,503
0
249,851
41,652

T408

16,500
404,065
6,667,072,500
4,666,950,750
2,000,121,750

404,065
16,294
0
420,359

2008

17,300
402,906
6,970,273,800
4,879,191,660
2,091,082,140

402,906
112,588
16,294
499,200

16,473
1,227,017
20,212,330,811
14,148,631,568
2,091,082,140

1,227,017
112,588
268,214
1,071,391

41,652
1,333
18,804,045
1,041
27,856,858
46,660,903

420,359
13,451
189,773,593
10,509
281,136,099
470,909,692

499,200
15,974
225,366,835
12,480
333,864,960
559,231,795

1,071,391
34,285
483,685,895
26,785
716,546,301
1,200,232,196

41,652
116,626
189,866,477
6,247,800
99,964,800
289,831,277

420,359
1,177,005
1,916,164,466
63,053,850
1,008,861,600
2,925,026,066

499,200
1,397,760
2,275,553,280
74,880,000
1,198,080,000
3,473,633,280

1,071,391
2,999,895
4,883,828,734
160,708,650
2,571,338,400
7,455,167,134

116,626
19,438
51,417
84,646
137,803,471

1,177,005
217,523
19,438
1,375,091
2,238,648,004

1,397,760
230,983
217,523
1,411,220
2,297,465,765

2,999,895
230,983
161,433
3,069,445
4,997,056,898

6,247,800
1,041,300
2,754,500
4,534,600
72,553,600

63,053,850
11,653,035
1,041,300
73,665,585
1,178,649,353

74,880,000
12,374,093
11,653,035
75,601,058
1,209,616,935

160,708,650
12,374,093
8,648,048
164,434,695
2,630,955,124

210,357,071
168,285,657
42,071,414

3,417,297,358
2,733,837,886
683,459,472

3,507,082,700
2,805,666,160
701,416,540

7,628,012,022
6,102,409,618
1,525,602,404

41,251
2,374

41,251
23,960

41,251
28,454

41,251
61,069

97,936,582
40,786,554
3,478,109
3,478,109
6,956,217
95,297,123
96,675,000
239,714,894
337,651,476

988,392,484
40,786,554
35,101,658
35,101,658
70,203,316
254,358,459
96,675,000
462,023,329
1,450,415,813

1,173,771,771
40,786,554
41,685,197
41,685,197
83,370,394
285,278,077
96,675,000
506,110,025
1,679,881,797

2,519,167,692
163,146,216

178,930,868
750,634,759
386,700,000
1,479,411,843
3,998,579,536

T109

T209

17,000
389,630
6,623,705,372
4,636,593,760
1,987,111,612

389,630
64,938
112,588
341,980

T309

17,500
467,348
8,178,587,740
5,725,011,418
2,453,576,322

467,348
77,891
64,938
480,301

T409

17,300
452,004
7,819,664,575
5,473,765,203
2,345,899,372

452,004
75,334
77,891
449,447

17,500
526,153
9,207,671,543
6,445,370,080
2,762,301,463

526,153
87,692
75,334
538,511

341,980
10,943
159,066,781
8,549
235,646,139
394,712,919

480,301
15,370
223,404,802
12,008
330,958,347
554,363,148

449,447
14,382
209,053,458
11,236
309,697,851
518,751,310

538,511
17,232
250,480,219
13,463
371,068,654
621,548,872

341,980
957,543
1,606,114,470
51,296,959
845,620,114
2,451,734,585

480,301
1,344,842
2,255,742,415
72,045,131
1,187,649,569
3,443,391,985

449,447
1,258,451
2,110,835,353
67,417,010
1,111,355,925
3,222,191,278

538,511
1,507,830
2,529,125,824
80,776,599
1,331,586,078
3,860,711,903

957,543
159,591
230,983
886,151
1,486,365,753

1,344,842
224,140
159,591
1,409,392
2,364,013,739

1,258,451
209,742
224,140
1,244,052
2,086,684,176

1,507,830
251,305
209,742
1,549,393
2,598,840,903

51,296,959
8,549,493
12,374,093
47,472,359
782,572,352

72,045,131
12,007,522
8,549,493
75,503,159
1,244,654,478

67,417,010
11,236,168
12,007,522
66,645,656
1,098,640,317

80,776,599
13,462,766
11,236,168
83,003,197
1,368,291,104

2,268,938,105
1,815,150,484
453,787,621

3,608,668,218
2,886,934,574
721,733,644

3,185,324,493
2,548,259,595
637,064,899

3,967,132,007
3,173,705,605
793,426,401

42,711
19,493

42,711
27,377

42,711
25,618

42,711
30,695

832,563,961
43,682,400
29,567,582
29,567,582
59,135,163
123,112,702
96,675,000
322,605,265
1,155,169,227

1,169,312,571
43,682,400
41,526,833
41,526,833
83,053,667
172,908,313
96,675,000
396,319,380
1,565,631,952

1,094,196,881
43,682,400
38,859,183
38,859,183
77,718,366
161,800,824
100,050,000
383,251,590
1,477,448,470

1,311,026,738
43,682,400
46,559,654
46,559,654
93,119,308
193,863,837
100,050,000
430,715,545
1,741,742,284

2009

T110

17,345
1,835,134
31,829,629,229
22,280,740,460
2,762,301,463

1,835,134
87,692
112,588
1,810,238

T210

17,300
491,455
8,502,171,928
5,951,520,350
2,550,651,578

491,455
81,909
87,692
485,672

T310

17,800
548,382
9,761,197,792
6,832,838,454
2,928,359,338

548,382
91,397
81,909
557,870

17,500
530,493
9,283,626,372
6,498,538,461
2,785,087,911

530,493
88,415
91,397
527,511

1,810,238
57,928
842,005,260
45,256
1,247,370,990
2,089,376,250

485,672
15,542
233,041,652
12,142
345,234,657
578,276,309

557,870
17,852
267,684,603
13,947
396,555,727
664,240,329

527,511
16,880
253,117,359
13,188
374,975,389
628,092,748

1,810,238
5,068,666
8,501,818,063
271,535,699
4,476,211,687
12,978,029,750

485,672
1,359,882
2,353,046,738
72,850,804
1,238,880,346
3,591,927,084

557,870
1,562,036
2,702,840,349
83,680,485
1,423,046,867
4,125,887,215

527,511
1,477,031
2,555,753,313
79,126,640
1,345,605,465
3,901,358,777

5,068,666
251,305
230,983
5,088,988
8,535,904,572

1,359,882
226,647
251,305
1,335,224
2,310,380,161

1,562,036
260,339
226,647
1,595,728
2,761,139,284

1,477,031
246,172
260,339
1,462,863
2,531,238,807

271,535,699
13,462,766
12,374,093
272,624,372
4,494,158,251

72,850,804
12,141,801
13,462,766
71,529,838
1,216,416,371

83,680,485
13,946,747
12,141,801
85,485,432
1,453,741,287

79,126,640
13,187,773
13,946,747
78,367,666
1,332,698,564

13,030,062,823
10,424,050,258
2,606,012,565

3,526,796,532
2,821,437,225
705,359,306

4,214,880,570
3,371,904,456
842,976,114

3,863,937,371
3,091,149,897
772,787,474

42,711
103,184

44,181
27,683

44,181
31,799

44,181
30,068

4,407,100,151
174,729,600

313,026,504
651,685,677
393,450,000
1,532,891,781
5,939,991,932

1,223,063,047
46,390,708
43,435,722
43,435,722
86,871,443
199,125,530
100,050,000
432,437,681
1,655,500,729

1,404,878,237
46,390,708
49,892,685
49,892,685
99,785,371
228,726,658
104,800,000
479,702,737
1,884,580,975

1,328,425,562
46,390,708
47,177,554
47,177,554
94,355,108
216,279,484
104,800,000
461,825,300
1,790,250,861

T410

2010

17,700
610,968
10,814,128,519
7,569,889,963
3,244,238,556

610,968
101,828
88,415
624,381

T111

17,586
2,181,298
38,361,124,610
26,852,787,227
3,244,238,556

2,181,298
101,828
87,692
2,195,434

T211

17,800
567,527
10,101,986,794
7,071,390,756
3,030,596,038

567,527
94,588
101,828
560,287

18,000
629,577
11,332,386,085
7,932,670,260
3,399,715,825

629,577
104,930
94,588
639,919

624,381
19,980
299,598,712
15,610
443,834,213
743,432,925

2,195,434
70,254
1,053,442,325
54,886
1,560,599,986
2,614,042,311

560,287
17,929
275,565,690
14,007
408,230,998
683,796,688

639,919
20,477
314,730,866
15,998
466,251,424
780,982,290

624,381
1,748,266
3,025,080,558
93,657,107
1,592,706,507
4,617,787,065

2,195,434
6,147,214
10,636,720,957
329,315,036
5,600,239,184
16,236,960,141

560,287
1,568,805
2,782,416,539
84,043,102
1,464,943,773
4,247,360,312

639,919
1,791,773
3,177,871,549
95,987,851
1,673,151,044
4,851,022,593

1,748,266
291,378
246,172
1,793,472
3,103,301,766

6,147,214
291,378
251,305
6,187,287
10,706,060,017

1,568,805
261,467
291,378
1,538,894
2,729,368,034

1,791,773
298,629
261,467
1,828,935
3,243,780,718

93,657,107
15,609,518
13,187,773
96,078,851
1,633,890,014

329,315,036
15,609,518
13,462,766
331,461,787
5,636,746,236

84,043,102
14,007,184
15,609,518
82,440,768
1,437,013,707

95,987,851
15,997,975
14,007,184
97,978,642
1,707,852,256

4,737,191,779
3,789,753,424
947,438,356

16,342,806,252
13,074,245,002
3,268,561,250

4,166,381,741
3,333,105,393
833,276,348

4,951,632,973
3,961,306,379
990,326,595

44,181
35,590

44,181
125,140

45,612
31,936

45,612
36,475

1,572,371,762
46,390,708
55,841,031
55,841,031
111,682,063
255,996,092
104,800,000
518,868,863
2,091,240,626

5,528,738,609
185,562,832

392,693,985
900,127,764
414,450,000
1,892,834,581
7,421,573,190

1,456,681,378
48,246,337
51,732,416
51,732,416
103,464,833
257,732,180
109,550,000
518,993,350
1,975,674,728

1,663,714,343
48,246,337
59,084,961
59,084,961
118,169,923
294,362,742
125,800,000
586,579,002
2,250,293,346

T311

T411

17,700
628,790
11,129,583,592
7,790,708,514
3,338,875,078

628,790
104,798
104,930
628,658

2011

18,200
737,386
13,420,421,032
9,394,294,722
4,026,126,310

737,386
122,898
104,798
755,486

17,940
2,563,280
45,984,377,504
32,189,064,253
4,026,126,310

2,563,280
122,898
101,828
2,584,350

628,658
20,117
309,192,391
15,716
458,046,567
767,238,958

755,486
24,176
371,569,978
18,887
550,454,533
922,024,511

2,584,350
82,699
1,271,058,925
64,609
1,882,983,522
3,154,042,447

628,658
1,760,242
3,121,948,972
94,298,705
1,643,707,777
4,765,656,749

755,486
2,115,360
3,751,782,210
113,322,866
1,975,315,309
5,727,097,519

2,584,350
7,236,180
12,834,019,270
387,652,524
6,757,117,903
19,591,137,173

1,760,242
293,374
298,629
1,754,987
3,112,628,542

2,115,360
352,560
293,374
2,174,546
3,856,754,416

7,236,180
352,560
291,378
7,297,363
12,942,531,710

94,298,705
15,716,451
15,997,975
94,017,181
1,638,800,566

113,322,866
18,887,144
15,716,451
116,493,559
2,030,583,231

387,652,524
18,887,144
15,609,518
390,930,150
6,814,249,760

4,751,429,108
3,801,143,287
950,285,822

5,887,337,647
4,709,870,117
1,177,467,529

19,756,781,469
15,805,425,175
3,951,356,294

45,612
35,834

45,612
43,063

45,612
147,308

1,634,437,139
48,246,337
58,045,214
58,045,214
116,090,428
289,182,695
125,800,000
579,319,460
2,213,756,600

1,964,174,379
48,246,337
69,755,465
69,755,465
139,510,930
347,523,455
125,800,000
661,080,722
2,625,255,100

6,719,007,239
192,985,348

477,236,114
1,188,801,072
486,950,000
2,345,972,534
9,064,979,773

KARDEX CEBADA
FECHA

ENTRADA
CONCEPTO
Compras
Produccion

CANT
2,330,000

CTO UNIT
1,758

CTO TOTAL
4,096,140,000

T307

Compra
Produccion

738,391

1,758

1,298,091,730
-

T407

Compra
Produccion

955,689

1,758

1,680,101,262
-

T108

Compra
Produccion

198,489

1,628

323,139,658
-

T208

Compra
Produccion

84,646

1,655

140,107,531
-

T308

Compra
Produccion

1,375,091

1,671.77

2,298,835,734
-

T408

Compra
Produccion

1,411,220

1,671.77

2,359,234,854
-

T109

Compra
Produccion

886,151

1,677

1,486,365,753
-

T209

Compra
Produccion

1,409,392

1,677

2,364,013,739
-

T309

Compra
Produccion

1,244,052

1,677

2,086,684,176
-

T409

Compra
Produccion

1,549,393

1,677

2,598,840,903
-

T110

Compra
Produccion

1,335,224

1,730

2,310,380,161
-

T210

Compra
Produccion

1,595,728

1,730

2,761,139,284
-

T310

Compra
Produccion

1,462,863

1,730

2,531,238,807
-

T410

Compra
Produccion

1,793,472

1,730

3,103,301,766
-

T111

Compra
Produccion

1,538,894

1,774

2,729,368,034
-

2007

T211

Compra
Produccion

1,828,935

1,774

3,243,780,718
-

T311

Compra
Produccion

1,754,987

1,774

3,112,628,542
-

T411

Compra
Produccion

2,174,546

1,774

3,856,754,416
-

PRODUCTO TERMIN
FECHA

ENTRADA
CONCEPTO
Produccion
Ventas

CANT
660,000

CTO UNIT
11,648.98

CTO TOTAL
7,688,329,763

T307

Produccion
Ventas

373,590

11,741.72

4,386,588,301
-

T407

Produccion
Ventas

345,927

11,896.90

4,115,458,433
-

T108

Produccion
Ventas

110,180

13,259.78

1,460,962,809
-

T208

Produccion
Ventas

41,652

16,303.23

679,062,276
-

T308

Produccion
Ventas

420,359

11,482.99

4,826,979,852
-

T408

Produccion
Ventas

499,200

11,441.15

5,711,422,442
-

T109

Produccion
Ventas

341,980

11,714.08

4,005,978,632
-

T209

Produccion
Ventas

480,301

11,584.43

5,564,010,213
-

T309

Produccion
Ventas

449,447

11,610.90

5,218,480,076
-

T409

Produccion
Ventas

538,511

11,557.83

6,224,015,776
-

T110

Produccion
Ventas

485,672

11,959.26

5,808,277,582
-

T210

Produccion

557,870

11,960.17

6,672,219,014

2007

Ventas

T310

Produccion
Ventas

527,511

11,979.56

6,319,346,743
-

T410

Produccion
Ventas

624,381

11,935.68

7,452,409,810
-

T111

Produccion
Ventas

560,287

12,297.85

6,890,332,374
-

T211

Produccion
Ventas

639,919

12,313.97

7,879,941,178
-

T311

Produccion
Ventas

628,658

12,321.99

7,746,315,586
-

T411

Produccion
Ventas

755,486

12,275.98

9,274,329,027
-

KARDEX CEBADA
SALIDA
CANT

CTO UNIT

SALDO
CTO TOTAL

1,848,000

1,758

3,248,784,000

CANT
2,330,000
482,000

CTO UNIT
1,758
1,758

1,046,052

1,758

1,838,959,416

1,220,391
174,339

1,758
1,758

968,596

1,758

1,702,791,065

1,130,028
161,433

1,758
1,758

308,504

1,686

520,232,716

359,921
51,417

1,686
1,686

116,626

1,667

194,411,129

136,063
19,438

1,667
1,667

1,177,005

1,671.70

1,967,603,201

1,394,529
217,523

1,671.70
1,671.70

1,397,760

1,671.76

2,336,720,740

1,628,743
230,983

1,671.76
1,671.76

957,543

1,676

1,605,012,218

1,117,134
159,591

1,676
1,676

1,344,842

1,677

2,255,584,951

1,568,983
224,140

1,677
1,677

1,258,451

1,677

2,110,812,858

1,468,193
209,742

1,677
1,677

1,507,830

1,677

2,529,122,611

1,759,135
251,305

1,677
1,677

1,359,882

1,722

2,341,629,082

1,586,529
226,647

1,722
1,722

1,562,036

1,729

2,701,209,255

1,822,375
260,339

1,729
1,729

1,477,031

1,730

2,555,520,299

1,723,202
246,172

1,730
1,730

1,748,266

1,730

3,025,047,271

2,039,644
291,378

1,730
1,730

1,568,805

1,767

2,771,607,925

1,830,272
261,467

1,767
1,767

1,791,773

1,773

3,176,327,462

2,090,402
298,629

1,773
1,773
1,773
1,773
1,774
1,774

1,760,242

1,773

3,121,728,388

2,053,616
293,374

2,115,360

1,774

3,751,750,698

2,467,920
352,560

PRODUCTO TERMINADO
SALIDA
CANT

11,648.98

7,688,329,763

CANT
660,000
-

227,067

11,741.72

2,666,156,604

373,590
146,523

11,741.72
11,741.72

224,236

11,850.73

2,657,359,446

492,450
268,214

11,850.73
11,850.73

128,543

12,261.01

1,576,067,306

378,394
249,851

12,261.01
12,261.01

291,503

12,838.59

3,742,488,472

291,503
(0)

12,838.59
12,838.59

404,065

11,482.99

4,639,875,947

420,359
16,294

11,482.99
11,482.99

402,906

11,442.47

4,610,241,158

515,494
112,588

11,442.47
11,442.47

389,630

11,646.81

4,537,943,284

454,568
64,938

11,646.81
11,646.81

467,348

11,591.86

5,417,429,447

545,239
77,891

11,591.86
11,591.86

452,004

11,608.09

5,246,897,873

527,338
75,334

11,608.09
11,608.09

526,153

11,564.00

6,084,429,037

613,845
87,692

11,564.00
11,564.00

491,455

11,898.81

5,847,728,442

573,364
81,909

11,898.81
11,898.81

639,779

11,952.31

660,000

CTO UNIT

SALDO
CTO TOTAL

CTO UNIT
11,648.98

548,382

11,952.31

6,554,432,731

91,397

11,952.31

530,493

11,975.53

6,352,935,651

618,908
88,415

11,975.53
11,975.53

610,968

11,940.63

7,295,336,561

712,796
101,828

11,940.63
11,940.63

567,527

12,242.92

6,948,189,464

662,115
94,588

12,242.92
12,242.92

629,577

12,304.82

7,746,829,666

734,507
104,930

12,304.82
12,304.82

628,790

12,319.53

7,746,397,870

733,588
104,798

12,319.53
12,319.53

737,386

12,281.29

9,056,045,658

860,284
122,898

12,281.29
12,281.29

SALDO
CTO TOTAL
4,096,140,000
847,356,000

FECHA
2007

ENTRADA
CONCEPTO
Compras
Produccion

CANT
99,340,000

2,145,447,730
306,488,314

T307

Compra
Produccion

65,038,075

1,986,589,576
283,798,511

T407

Compra
Produccion

51,197,523

606,938,169
86,705,453

T108

Compra
Produccion

10,633,452

226,812,984
32,401,855

T208

Compra
Produccion

4,534,600

2,331,237,589
363,634,387

T308

Compra
Produccion

73,665,585

2,722,869,241
386,148,501

T408

Compra
Produccion

75,601,058

1,872,514,254
267,502,036

T109

Compra
Produccion

47,472,359

2,631,515,776
375,930,825

T209

Compra
Produccion

75,503,159

2,462,615,001
351,802,143

T309

Compra
Produccion

66,645,656

2,950,643,046
421,520,435

T409

Compra
Produccion

83,003,197

2,731,900,596
390,271,514

T110

Compra
Produccion

71,529,838

3,151,410,797
450,201,542

T210

Compra
Produccion

85,485,432

2,981,440,349
425,920,050

T310

Compra
Produccion

78,367,666

3,529,221,816
504,174,545

T410

Compra
Produccion

96,078,851

3,233,542,579
461,934,654

T111

Compra
Produccion

82,440,768

3,705,715,372
529,387,910

T211

Compra
Produccion

97,978,642

3,642,016,452
520,288,065

T311

Compra
Produccion

94,017,181

4,377,042,481
625,291,783

T411

Compra
Produccion

116,493,559

SALDO
CTO TOTAL
7,688,329,763
4,386,588,301
1,720,431,697
5,835,890,130
3,178,530,684
4,639,493,493
3,063,426,187
3,742,488,463
(9)
4,826,979,842
187,103,895
5,898,526,337
1,288,285,179
5,294,263,810
756,320,527
6,320,330,740
902,901,293
6,121,381,369
874,483,496
7,098,499,272
1,014,070,235
6,822,347,817
974,619,375
7,646,838,389

1,092,405,658
7,411,752,400
1,058,816,749
8,511,226,559
1,215,889,998
8,106,222,372
1,158,032,908
9,037,974,086
1,291,144,420
9,037,460,006
1,291,062,136
10,565,391,163
1,509,345,505

KARDEX LPULO
ENTRADA

SALIDA

CTO UNIT
19

19

19.00

16.00

16.77

17.00

17.00

16.48

16.48

16

16

17

17

17

17

17

CTO TOTAL
1,887,460,000

CANT

CTO UNIT

CTO TOTAL

99,000,000

19

1,881,000,000

1,235,723,425
-

56,038,500

19.00

1,064,731,500

972,752,932
-

51,889,050

19.00

985,891,950

170,135,236
-

16,527,000

17.35

286,669,837

76,045,242
-

6,247,800

16.99

106,134,470

1,252,314,938
-

63,053,850

17.00

1,071,904,459

1,285,217,993
-

74,880,000

17.00

1,272,958,257

782,572,352
1,791,773

51,296,959

16.59

851,084,267

1,244,654,478
1,760,242

72,045,131

16.50

1,188,430,163

1,098,640,317
2,115,360

67,417,010

16.49

1,111,467,438

1,368,291,104
7,236,180

80,776,599

16.48

1,331,602,009

1,216,416,371
-

72,850,804

17

1,232,871,462

1,453,741,287
-

83,680,485

17

1,422,188,455

1,332,698,564
-

79,126,640

17

1,345,482,834

1,633,890,014
-

93,657,107

17

1,592,688,988

1,437,013,707
-

84,043,102

17

1,459,253,033

17

17

17

1,707,852,256
-

95,987,851

17

1,672,338,081

1,638,800,566
-

94,298,705

17

1,643,591,640

2,030,583,231
-

113,322,866

17

1,975,298,718

SALDO
CANT
99,340,000
340,000

CTO UNIT
19
19

CTO TOTAL
1,887,460,000
6,460,000

853,816,000

65,378,075
9,339,575

19
19

1,242,183,425
177,451,925

483,940,239

60,537,098
8,648,048

19
19

1,150,204,858
164,312,908

448,111,418

19,281,500
2,754,500

17.35
17.35

334,448,143
47,778,306

134,483,759

7,289,100
1,041,300

16.99
16.99

123,823,548
17,689,078

50,090,933

74,706,885
11,653,035

17.00
17.00

1,270,004,016
198,099,556

561,733,944

87,254,093
12,374,093

17.00
17.00

1,483,317,550
210,359,293

59,846,452
8,549,493

16.59
17

992,931,645
141,847,378

84,052,652
12,007,522

16
16

1,386,501,856
198,071,694

78,653,178
11,236,168

16
16

1,296,712,011
185,244,573

94,239,365
13,462,766

16
16

1,553,535,677
221,933,668

84,992,604
12,141,801

17
17

1,438,350,039
205,478,577

97,627,232
13,946,747

17
17

1,659,219,864
237,031,409

92,314,414
13,187,773

17
17

1,569,729,973
224,247,139

109,266,625
15,609,518

17
17

1,858,137,153
265,448,165

98,050,286
14,007,184

17
17

1,702,461,872
243,208,839

111,985,826
15,997,975

17
17

1,951,061,094
278,723,013

110,015,156
15,716,451

17
17

1,917,523,580
273,931,940

132,210,010
18,887,144

17
17

2,304,515,171
329,216,453

PERIODO
T307
T407
T108
T208
T308
T408
T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311
T411

PERIODO
T307
T407
T108
T208
T308
T408
T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311
T411

PERIODO
T307
T407
T108
T208
T308
T408

CAMIONES Y EQUIPOS DE VENTA

UNDS VENDIDAS
EXISTENCIA
ESTANDAR
227,067
13
25,920
224,236
17
25,920
128,543
17
25,920
291,503
17
25,920
404,065
17
25,920
402,906
19
25,920
389,630
19
25,920
467,348
19
25,920
452,004
19
25,920
526,153
21
25,920
491,455
21
25,920
548,382
22
25,920
530,493
22
25,920
610,968
24
25,920
567,527
24
25,920
629,577
25
25,920
628,790
25
25,920
737,386
29
25,920

NECESIDAD
9
9
5
12
16
16
16
19
18
21
19
22
21
24
22
25
25
29

DIF.
-4
-8
-12
-5
-1
-3
-3
0
-1
0
-2
0
-1
0
-2
0
0
0

MEZCLADORAS
PRODUCE
ESTANDAR
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032
18,000
0.032

NECESIDAD
21
20
7
3
24
28
19
27
25
30
27
31
30
35
32
36
35
42

HAY
10
13
13
13
13
13
13
13
13
13
13
14
14
15
15
17
17
20

UNDS.PRODUC.
373,590
345,927
110,180
41,652
420,359
499,200
341,980
480,301
449,447
538,511
485,672
557,870
527,511
624,381
560,287
639,919
628,658
755,486

HORAS XMQ
576
576
576
576
576
576

APERTURA DE SEGUNDO TURNO

MEZCLADORAS
CANT MQ
HRAS DISP
HRAS PDCCION
10
5,760
11,955
13
7,488
11,070
13
7,488
3,526
13
7,488
1,333
13
7,488
13,451
13
7,488
15,974

DIF
6,195
3,582
-3,962
-6,155
5,963
8,486

T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311
T411

576
576
576
576
576
576
576
576
576
576
576
576

13
13
13
13
13
14
14
15
15
17
17
20

7,488
7,488
7,488
7,488
7,488
8,064
8,064
8,640
8,640
9,792
9,792
11,520

10,943
15,370
14,382
17,232
15,542
17,852
16,880
19,980
17,929
20,477
20,117
24,176

3,455
7,882
6,894
9,744
8,054
9,788
8,816
11,340
9,289
10,685
10,325
12,656

PERIODO
T307
T407
T108
T208
T308
T408
T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311
T411

UNDS.PRODUC.
373,590
345,927
110,180
41,652
420,359
499,200
341,980
480,301
449,447
538,511
485,672
557,870
527,511
624,381
560,287
639,919
628,658
755,486

EMBOTELLADORAS
PRODUCE
ESTANDAR
NECESIDAD
23,040
0.03
17
23,040
0.03
16
23,040
0.03
5
23,040
0.03
2
23,040
0.03
19
23,040
0.03
22
23,040
0.03
15
23,040
0.03
21
23,040
0.03
20
23,040
0.03
24
23,040
0.03
22
23,040
0.03
25
23,040
0.03
23
23,040
0.03
28
23,040
0.03
25
23,040
0.03
28
23,040
0.03
28
23,040
0.03
33

DIF.
11
7
-6
-10
11
15
6
14
12
17
14
17
16
20
17
19
18
22

%
110%
50%
-60%
-90%
80%
120%

PERIODO
T307
T407
T108
T208
T308
T408

APERTURA DE SEGUNDO TURNO

EMBOTELLADORAS
HORAS XMQ
CANT MQ
HRAS DISP
576
7
4,032
576
9
5,184
576
9
5,184
9
5,184
576
9
5,184
576
9
5,184
576

50%
110%
100%
140%
110%
130%
110%
140%
110%
110%
110%
110%

T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311
T411

576
576
576
576
576
576
576
576
576
576
576
576

9
9
10
10
10
10
10
10
10
12
12
14

5,184
5,184
5,760
5,760
5,760
5,760
5,760
5,760
5,760
6,912
6,912
8,064

HAY
7
9
9
9
9
9
9
9
10
10
10
10
10
10
10
12
12
14

UNDO TURNO
DORAS
HRAS PDCCION
9,340
8,648
2,755
1,041
10,509
12,480

DIF.
10
7
-4
-7
10
13
6
12
10
14
12
15
13
18
15
16
16
19

DIF
5,308
3,464
-2,430
-4,143
5,325
7,296

%
132%
70%
-50%
-80%
110%
150%

8,549
12,008
11,236
13,463
12,142
13,947
13,188
15,610
14,007
15,998
15,716
18,887

3,365
6,824
5,476
7,703
6,382
8,187
7,428
9,850
8,247
9,086
8,804
10,823

70%
140%
100%
140%
120%
150%
130%
180%
150%
140%
130%
140%

INFORMACIN 2006 - 2007 (1

TIPO ACTIVO FIJO

CANT

VLR UNIT

VIDA
TIL

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES
Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
MUEBLES Y ENSERES

8,000

10,000

8,000

100,000

20

6
5
4
10
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

10
10
10
5
10
10

TOTAL
TRIMESTRE 3-2007
TIPO ACTIVO FIJO

CANT

VLR UNIT

VIDA
TIL

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES
Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
Envases 2007
MUEBLES Y ENSERES

8,000

10,000

8,000

100,000

20

10
7
2
13
45,000
45,000
1

190,000,000
135,000,000
77,350,000
130,000,000

10
10
10
5

7,000

10
10

TOTAL
TRIMESTRE 1-2008
TIPO ACTIVO FIJO

CANT

VLR UNIT

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES

8,000

10,000

VIDA
TIL

Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
Envases 2007
MUEBLES Y ENSERES

8,000

100,000

20

13
9
2
17
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000

10
10
10
5

7,000

10
10

TOTAL
TRIMESTRE 1-2009
TIPO ACTIVO FIJO

CANT

VLR UNIT

VIDA
TIL

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES
Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
Envases 2007
MUEBLES Y ENSERES

8,000

10,000

8,000

100,000

20

13
9
2
19
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000

10
10
10
5

7,000

10
10

TOTAL
TRIMESTRE 1-2010
TIPO ACTIVO FIJO

CANT

VLR UNIT

VIDA
TIL

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES
Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
Envases 2007

8,000

10,000

8,000

100,000

20

13
10
2
21
45,000
45,000

190,000,000
135,000,000
91,000,000
130,000,000

10
10
10
5

7,000

10

MUEBLES Y ENSERES

10

TOTAL

TRIMESTRE 1-2011
TIPO ACTIVO FIJO

CANT

VLR UNIT

VIDA
TIL

NO DEPRECIABLES
Terreno
DEPRECIABLES
CONSTRUCCIONES Y EDIFICACIONES
Edificio
MAQUINARIA Y EQUIPO
Mezcladora
Embotelladora
Tanque de Fermentacion
VEHICULOS
ENVASES
Envases 2007
MUEBLES Y ENSERES

TOTAL

8,000

10,000

8,000

100,000

20

15
10
2
24
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000

10
10
10
5

7,000

10
10

- 2007 (1er Semestre)

VLR TOTAL

DEPRECIACIN
ANUAL

DEPRECIACIN
SEMESTRAL

80,000,000
800,000,000
800,000,000
2,179,000,000
1,140,000,000
675,000,000
364,000,000
1,300,000,000
315,000,000
150,000,000

40,000,000
40,000,000
217,900,000
114,000,000
67,500,000
36,400,000
260,000,000
31,500,000
15,000,000

20,000,000
20,000,000
108,950,000
57,000,000
33,750,000
18,200,000
130,000,000
15,750,000
7,500,000

4,824,000,000

564,400,000

282,200,000

7
VLR TOTAL

DEPRECIACIN
TRIMESTRAL

CANT

80,000,000

8,000

800,000,000
800,000,000
3,027,000,000
1,900,000,000
945,000,000
182,000,000
1,690,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
75,675,000
47,500,000
23,625,000
4,550,000
84,500,000
7,875,000
7,875,000
3,750,000

6,062,000,000

181,800,000

8,000

27,300,000

13
9
2
17
45,000
45,000
1

TRIMES
VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000

CANT

8,000

10,000,000

800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,210,000,000
315,000,000
315,000,000
150,000,000

10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
110,500,000
7,875,000
7,875,000
3,750,000

7,422,000,000

228,800,000

8,000
13
9
2
17
45,000
45,000
1

TRIMES
VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

CANT

8,000

800,000,000
800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,470,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
123,500,000
7,875,000
7,875,000
3,750,000

7,682,000,000

241,800,000

8,000
13
9
2
19
45,000
45,000
1

TRIMES
VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,002,000,000
2,470,000,000
1,350,000,000
182,000,000
2,730,000,000
315,000,000
315,000,000

CANT

8,000

10,000,000
10,000,000
100,050,000
61,750,000
33,750,000
4,550,000
136,500,000
7,875,000
7,875,000

8,000
14
10
2
22
45,000
45,000

150,000,000

3,750,000

8,077,000,000

258,175,000

TRIMES
VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

CANT

8,000

800,000,000
800,000,000
4,382,000,000
2,850,000,000
1,350,000,000
182,000,000
3,120,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
109,550,000
71,250,000
33,750,000
4,550,000
156,000,000
7,875,000
7,875,000
3,750,000

8,847,000,000

287,175,000

8,000
17
12
2
25
45,000
45,000
1

ACTIVOS FIJOS (DEPRECIACIN Y AMORTIZACIN)

ACTIVOS DIFERIDOS
ANUAL
SEMESTRAL
TRIMESTRAL

130,000,000
26,000,000
13,000,000
6,500,000

TRIMESTRE 4-2007
VLR UNIT

VLR TOTAL

10,000

100,000
190,000,000
135,000,000
91,000,000
130,000,000
7,000

DEPRECIACIN
TRIMESTRAL

80,000,000
800,000,000
800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,210,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
110,500,000
7,875,000
7,875,000
3,750,000

40,000,000
40,000,000
386,700,000
247,000,000
121,500,000
18,200,000
442,000,000
31,500,000
31,500,000
15,000,000

7,422,000,000

228,800,000

915,200,000

TRIMESTRE 2 - 2008
VLR UNIT

VLR TOTAL

10,000

DEPRECIACION
ANUAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000

10,000,000

100,000
190,000,000
135,000,000
91,000,000
130,000,000
7,000

800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,210,000,000
315,000,000
315,000,000
150,000,000

10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
110,500,000
7,875,000
7,875,000
3,750,000

7,422,000,000

228,800,000

TRIMESTRE 2 - 2009
VLR UNIT

VLR TOTAL

10,000

100,000
190,000,000
135,000,000
91,000,000
130,000,000
7,000

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,470,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
123,500,000
7,875,000
7,875,000
3,750,000

7,682,000,000

241,800,000

TRIMESTRE 2 - 2010
VLR UNIT

VLR TOTAL

10,000

100,000
190,000,000
135,000,000
91,000,000
130,000,000
7,000

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,192,000,000
2,660,000,000
1,350,000,000
182,000,000
2,860,000,000
315,000,000
315,000,000

10,000,000
10,000,000
104,800,000
66,500,000
33,750,000
4,550,000
143,000,000
7,875,000
7,875,000

150,000,000

3,750,000

8,397,000,000

269,425,000

TRIMESTRE 2 - 2011
VLR UNIT

VLR TOTAL

10,000

100,000
190,000,000
135,000,000
91,000,000
130,000,000
7,000

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
5,032,000,000
3,230,000,000
1,620,000,000
182,000,000
3,250,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
125,800,000
80,750,000
40,500,000
4,550,000
162,500,000
7,875,000
7,875,000
3,750,000

9,627,000,000

309,925,000

MORTIZACIN)

TRIMESTRE 3 - 2008
CANT

VLR UNIT

8,000

10,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000

10,000,000

8,000

100,000

13
9
2
17
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,210,000,000
315,000,000
315,000,000
150,000,000

10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
110,500,000
7,875,000
7,875,000
3,750,000

7,422,000,000

228,800,000

TRIMESTRE 3 - 2009
CANT

VLR UNIT

8,000

VLR TOTAL

10,000

8,000

100,000

13
10
2
19
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,002,000,000
2,470,000,000
1,350,000,000
182,000,000
2,470,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
100,050,000
61,750,000
33,750,000
4,550,000
123,500,000
7,875,000
7,875,000
3,750,000

7,817,000,000

245,175,000

TRIMESTRE 3 - 2010
CANT

VLR UNIT

8,000

10,000

8,000

100,000

14
10
2
22
45,000
45,000

190,000,000
135,000,000
91,000,000
130,000,000
7,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,192,000,000
2,660,000,000
1,350,000,000
182,000,000
2,860,000,000
315,000,000
315,000,000

10,000,000
10,000,000
104,800,000
66,500,000
33,750,000
4,550,000
143,000,000
7,875,000
7,875,000

150,000,000

3,750,000

8,397,000,000

269,425,000

TRIMESTRE 3 - 2011
CANT

VLR UNIT

8,000

10,000

8,000

100,000

17
12
2
25
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
5,032,000,000
3,230,000,000
1,620,000,000
182,000,000
3,250,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
125,800,000
80,750,000
40,500,000
4,550,000
162,500,000
7,875,000
7,875,000
3,750,000

9,627,000,000

309,925,000

TRIMESTRE 4 - 2008
CANT

VLR UNIT

8,000

10,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000

10,000,000

8,000

100,000

13
9
2
19
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

800,000,000
3,867,000,000
2,470,000,000
1,215,000,000
182,000,000
2,470,000,000
315,000,000
315,000,000
150,000,000

10,000,000
96,675,000
61,750,000
30,375,000
4,550,000
110,500,000
7,875,000
7,875,000
3,750,000

7,682,000,000

228,800,000

TRIMESTRE 4 - 2009
CANT

VLR UNIT

8,000

10,000

8,000

100,000

13
10
2
21
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,002,000,000
2,470,000,000
1,350,000,000
182,000,000
2,730,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
100,050,000
61,750,000
33,750,000
4,550,000
136,500,000
7,875,000
7,875,000
3,750,000

8,077,000,000

258,175,000

TRIMESTRE 4 - 2010
CANT

VLR UNIT

8,000

10,000

8,000

100,000

15
10
2
24
45,000
45,000

190,000,000
135,000,000
91,000,000
130,000,000
7,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
4,382,000,000
2,850,000,000
1,350,000,000
182,000,000
3,120,000,000
315,000,000
315,000,000

10,000,000
10,000,000
104,800,000
66,500,000
33,750,000
4,550,000
156,000,000
7,875,000
7,875,000

150,000,000

3,750,000

8,847,000,000

282,425,000

TRIMESTRE 4 - 2011
CANT

VLR UNIT

8,000

10,000

8,000

100,000

20
14
2
29
45,000
45,000
1

190,000,000
135,000,000
91,000,000
130,000,000
7,000

VLR TOTAL

DEPRECIACIN
TRIMESTRAL

80,000,000

800,000,000
800,000,000
5,872,000,000
3,800,000,000
1,890,000,000
182,000,000
3,770,000,000
315,000,000
315,000,000
150,000,000

10,000,000
10,000,000
125,800,000
80,750,000
40,500,000
4,550,000
188,500,000
7,875,000
7,875,000
3,750,000

10,987,000,000

335,925,000

DEPRECIACION
ANUAL

40,000,000

40,000,000
386,700,000
247,000,000
121,500,000
18,200,000
442,000,000
31,500,000
31,500,000
15,000,000

915,200,000

DEPRECIACION
ANUAL

40,000,000
40,000,000
400,200,000
247,000,000
135,000,000
18,200,000
546,000,000
31,500,000
31,500,000
15,000,000

1,032,700,000

DEPRECIACION
ANUAL

40,000,000
40,000,000
419,200,000
266,000,000
135,000,000
18,200,000
624,000,000
31,500,000
31,500,000

15,000,000

1,129,700,000

DEPRECIACION
ANUAL

40,000,000
40,000,000
503,200,000
323,000,000
162,000,000
18,200,000
754,000,000
31,500,000
31,500,000
15,000,000

1,343,700,000

MESES POR TRIMESTRE

INCREMENTO SALARIAL

Nmero de Personas
Salario individual

1
3,180,000

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario individual

3,180,000
38,160,000
8,326,512
12,917,160
21,243,672
59,403,672

2
2,650,000

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario individual

5,300,000
63,600,000
13,877,520
21,528,600
35,406,120
99,006,120

1
2,120,000

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario individual
Auxilio de Transporte c/u

2,120,000
25,440,000
5,551,008
8,611,440
14,162,448
39,602,448

3
530,000
9,332

2006
SALARIO BASE MENSUAL

1,590,000

3,339,000

2007I
3,339,000
20,034,000
4,371,419
6,781,509
11,152,928
31,186,928

2,782,500

2007I
5,565,000
33,390,000
7,285,698
11,302,515
18,588,213
51,978,213

2,226,000

2007I
2,226,000
13,356,000
2,914,279
4,521,006
7,435,285
20,791,285

556,500
9,799

2007I
1,669,500

Auxilio transporte mensual

TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario individual
Auxilio de Transporte c/u

27,996
19,415,948
4,163,256
6,458,580
10,621,836
30,037,784

5
901,000
44,793

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

4,505,000
223,965
56,747,583
11,795,892
18,299,310
30,095,202
86,842,785

2006
Honorarios Revisoria Fiscal
Revisoria Fiscal
Celaduria por Mes
Celaduria
Servicios Generales Mes
Servicios Generales
TOTAL

TOTA NOMINA ADMITIVA

Total Prestaciones - Directas
Total Prestaciones - Indirectas

29,396
10,193,373
2,185,709
3,390,755
5,576,464
15,769,837

946,050
47,033

2007I
4,730,250
235,164
29,792,481
6,192,843
9,607,138
15,799,981
45,592,462

2007I

848,000
10,176,000
4,770,000
57,240,000
1,060,000
12,720,000
80,136,000

890,400
5,342,400
5,008,500
30,051,000
1,113,000
6,678,000
42,071,400

395,028,809

207,390,125

43,714,188
67,815,090

22,949,949
35,602,922

0.00%

3,339,000

0.00%

3,339,000

6.00%

3,539,340

0.00%

3,539,340

T307

T407

T108

T208

3,339,000
10,017,000
2,185,709
3,390,755
5,576,464
15,593,464

3,339,000
10,017,000
2,185,709
3,390,755
5,576,464
15,593,464

3,539,340
10,618,020
2,316,852
3,594,200
5,911,052
16,529,072

3,539,340
10,618,020
2,316,852
3,594,200
5,911,052
16,529,072

GERENTE FI
2,782,500

2,782,500

2,949,450

2,949,450

T307

T407

T108

T208

5,565,000
16,695,000
3,642,849
5,651,258
9,294,107
25,989,107

5,565,000
16,695,000
3,642,849
5,651,258
9,294,107
25,989,107

5,898,900
17,696,700
3,861,420
5,990,333
9,851,753
27,548,453

5,898,900
17,696,700
3,861,420
5,990,333
9,851,753
27,548,453

2,226,000

2,226,000

2,359,560

2,359,560

T307

T407

T108

T208

2,226,000
6,678,000
1,457,140
2,260,503
3,717,643
10,395,643

2,226,000
6,678,000
1,457,140
2,260,503
3,717,643
10,395,643

2,359,560
7,078,680
1,544,568
2,396,133
3,940,701
11,019,381

2,359,560
7,078,680
1,544,568
2,396,133
3,940,701
11,019,381

556,500
9,799

556,500
9,799

589,890
10,386

589,890
10,386

T307
1,669,500

T407
1,669,500

T108
1,769,670

T208
1,769,670

29,396
5,096,687
1,092,855
1,695,377
2,788,232
7,884,918

29,396
5,096,687
1,092,855
1,695,377
2,788,232
7,884,918

31,159
5,402,488
1,158,426
1,797,100
2,955,526
8,358,014

31,159
5,402,488
1,158,426
1,797,100
2,955,526
8,358,014

EMPLEA
946,050
47,033

946,050
47,033

1,002,813
49,855

1,002,813
49,855

T307

T407

T108

T208

4,730,250
235,164
14,896,241
3,096,422
4,803,569
7,899,991
22,796,231

4,730,250
235,164
14,896,241
3,096,422
4,803,569
7,899,991
22,796,231

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

T307

T407

T108

T208

890,400
2,671,200
5,008,500
15,025,500
1,113,000
3,339,000
21,035,700

890,400
2,671,200
5,008,500
15,025,500
1,113,000
3,339,000
21,035,700

943,824
2,831,472
5,309,010
15,927,030
1,179,780
3,539,340
22,297,842

943,824
2,831,472
5,309,010
15,927,030
1,179,780
3,539,340
22,297,842

103,695,062

103,695,062

109,916,766

109,916,766

11,474,974
17,801,461

11,474,974
17,801,461

12,163,473
18,869,549

12,163,473
18,869,549

0.00%

0.00%

7.10%

0.00%

GERENTE GENERAL
3,539,340

3,539,340

3,790,633

3,790,633

T308

T408

T109

T209

3,539,340
10,618,020
2,316,852
3,594,200
5,911,052
16,529,072

3,539,340
10,618,020
2,316,852
3,594,200
5,911,052
16,529,072

3,790,633
11,371,899
2,481,348
3,849,388
6,330,736
17,702,636

3,790,633
11,371,899
2,481,348
3,849,388
6,330,736
17,702,636

GERENTE FINANCIERO Y TALENTO HUMANO

2,949,450

2,949,450

3,158,861

3,158,861

T308

T408

T109

T209

5,898,900
17,696,700
3,861,420
5,990,333
9,851,753
27,548,453

5,898,900
17,696,700
3,861,420
5,990,333
9,851,753
27,548,453

6,317,722
18,953,166
4,135,581
6,415,647
10,551,227
29,504,393

6,317,722
18,953,166
4,135,581
6,415,647
10,551,227
29,504,393

2,527,089

2,527,089

CONTADOR
2,359,560

2,359,560

T308

T408

T109

T209

2,359,560
7,078,680
1,544,568
2,396,133
3,940,701
11,019,381

2,359,560
7,078,680
1,544,568
2,396,133
3,940,701
11,019,381

2,527,089
7,581,266
1,654,232
2,566,259
4,220,491
11,801,757

2,527,089
7,581,266
1,654,232
2,566,259
4,220,491
11,801,757

631,772
11,124

631,772
11,124

SECRETARIAS
589,890
10,386

T308
1,769,670

589,890
10,386

T408
1,769,670

T109
1,895,317

T209
1,895,317

31,159
5,402,488
1,158,426
1,797,100
2,955,526
8,358,014

31,159
5,402,488
1,158,426
1,797,100
2,955,526
8,358,014

33,372
5,786,064
1,240,674
1,924,694
3,165,368
8,951,433

33,372
5,786,064
1,240,674
1,924,694
3,165,368
8,951,433

1,074,013
53,394

1,074,013
53,394

EMPLEADOS DEL REA FINANCIERA

1,002,813
49,855

1,002,813
49,855

T308

T408

T109

T209

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

T308

T408

T109

T209

943,824
2,831,472
5,309,010
15,927,030
1,179,780
3,539,340
22,297,842

943,824
2,831,472
5,309,010
15,927,030
1,179,780
3,539,340
22,297,842

1,010,836
3,032,507
5,685,950
17,057,849
1,263,544
3,790,633
23,880,989

1,010,836
3,032,507
5,685,950
17,057,849
1,263,544
3,790,633
23,880,989

109,916,766

109,916,766

117,720,857

117,720,857

12,163,473
18,869,549

12,163,473
18,869,549

13,027,079
20,209,287

13,027,079
20,209,287

OTROS

0.00%

3,790,633

0.00%

3,790,633

6.20%

4,025,652

0.00%

4,025,652

T309

T409

T110

T210

3,790,633
11,371,899
2,481,348
3,849,388
6,330,736
17,702,636

3,790,633
11,371,899
2,481,348
3,849,388
6,330,736
17,702,636

4,025,652
12,076,957
2,635,192
4,088,050
6,723,242
18,800,199

4,025,652
12,076,957
2,635,192
4,088,050
6,723,242
18,800,199

3,158,861

3,158,861

3,354,710

3,354,710

T309

T409

T110

T210

6,317,722
18,953,166
4,135,581
6,415,647
10,551,227
29,504,393

6,317,722
18,953,166
4,135,581
6,415,647
10,551,227
29,504,393

6,709,421
20,128,262
4,391,987
6,813,417
11,205,403
31,333,665

6,709,421
20,128,262
4,391,987
6,813,417
11,205,403
31,333,665

2,527,089

2,527,089

2,683,768

2,683,768

T309

T409

T110

T210

2,527,089
7,581,266
1,654,232
2,566,259
4,220,491
11,801,757

2,527,089
7,581,266
1,654,232
2,566,259
4,220,491
11,801,757

2,683,768
8,051,305
1,756,795
2,725,367
4,482,161
12,533,466

2,683,768
8,051,305
1,756,795
2,725,367
4,482,161
12,533,466

631,772
11,124

631,772
11,124

670,942
11,814

670,942
11,814

T309
1,895,317

T409
1,895,317

T110
2,012,826

T210
2,012,826

33,372
5,786,064
1,240,674
1,924,694
3,165,368
8,951,433

33,372
5,786,064
1,240,674
1,924,694
3,165,368
8,951,433

35,441
6,144,800
1,317,596
2,044,025
3,361,621
9,506,421

35,441
6,144,800
1,317,596
2,044,025
3,361,621
9,506,421

1,074,013
53,394

1,074,013
53,394

1,140,602
56,705

1,140,602
56,705

T309

T409

T110

T210

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

T309

T409

T110

T210

1,010,836
3,032,507
5,685,950
17,057,849
1,263,544
3,790,633
23,880,989

1,010,836
3,032,507
5,685,950
17,057,849
1,263,544
3,790,633
23,880,989

1,073,507
3,220,522
6,038,479
18,115,436
1,341,884
4,025,652
25,361,610

1,073,507
3,220,522
6,038,479
18,115,436
1,341,884
4,025,652
25,361,610

117,720,857

117,720,857

125,019,550

125,019,550

13,027,079
20,209,287

13,027,079
20,209,287

13,834,758
21,462,263

13,834,758
21,462,263

0.00%

4,025,652

0.00%

4,025,652

T310

T410

4,025,652
12,076,957
2,635,192
4,088,050
6,723,242
18,800,199

4,025,652
12,076,957
2,635,192
4,088,050
6,723,242
18,800,199

3,354,710

3,354,710

4.00%

4,186,678

T111
4,186,678
12,560,035
2,740,600
4,251,572
6,992,172
19,552,207

3,488,899

T111

0.00%

4,186,678

T211
4,186,678
12,560,035
2,740,600
4,251,572
6,992,172
19,552,207

3,488,899

T310

T410

6,709,421
20,128,262
4,391,987
6,813,417
11,205,403
31,333,665

6,709,421
20,128,262
4,391,987
6,813,417
11,205,403
31,333,665

6,977,797
20,933,392
4,567,666
7,085,953
11,653,620
32,587,012

6,977,797
20,933,392
4,567,666
7,085,953
11,653,620
32,587,012

2,683,768

2,683,768

2,791,119

2,791,119

T310

T410

2,683,768
8,051,305
1,756,795
2,725,367
4,482,161
12,533,466

2,683,768
8,051,305
1,756,795
2,725,367
4,482,161
12,533,466

2,791,119
8,373,357
1,827,066
2,834,381
4,661,448
13,034,805

2,791,119
8,373,357
1,827,066
2,834,381
4,661,448
13,034,805

670,942
11,814

670,942
11,814

697,780
12,286

697,780
12,286

T310
2,012,826

T410
2,012,826

T111

T211

T111
2,093,339

T211

T211
2,093,339

35,441
6,144,800
1,317,596
2,044,025
3,361,621
9,506,421

35,441
6,144,800
1,317,596
2,044,025
3,361,621
9,506,421

36,858
6,390,592
1,370,300
2,125,786
3,496,086
9,886,678

36,858
6,390,592
1,370,300
2,125,786
3,496,086
9,886,678

1,140,602
56,705

1,140,602
56,705

1,186,226
58,973

1,186,226
58,973

T310

T410

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

T111

T310

T410

1,073,507
3,220,522
6,038,479
18,115,436
1,341,884
4,025,652
25,361,610

1,073,507
3,220,522
6,038,479
18,115,436
1,341,884
4,025,652
25,361,610

1,116,448
3,349,343
6,280,018
18,840,053
1,395,559
4,186,678
26,376,074

1,116,448
3,349,343
6,280,018
18,840,053
1,395,559
4,186,678
26,376,074

125,019,550

125,019,550

130,020,332

130,020,332

13,834,758
21,462,263

13,834,758
21,462,263

14,388,149
22,320,753

14,388,149
22,320,753

5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

T111

T211
5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

T211

0.00%

4,186,678

T311
4,186,678
12,560,035
2,740,600
4,251,572
6,992,172
19,552,207

3,488,899

T311

0.00%

4,186,678

T411
4,186,678
12,560,035
2,740,600
4,251,572
6,992,172
19,552,207

3,488,899

T411

6,977,797
20,933,392
4,567,666
7,085,953
11,653,620
32,587,012

6,977,797
20,933,392
4,567,666
7,085,953
11,653,620
32,587,012

2,791,119

2,791,119

T311

T411

2,791,119
8,373,357
1,827,066
2,834,381
4,661,448
13,034,805

2,791,119
8,373,357
1,827,066
2,834,381
4,661,448
13,034,805

697,780
12,286

697,780
12,286

T311
2,093,339

T411
2,093,339

36,858
6,390,592
1,370,300
2,125,786
3,496,086
9,886,678

36,858
6,390,592
1,370,300
2,125,786
3,496,086
9,886,678

1,186,226
58,973

1,186,226
58,973

T311
5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

T311

T411
5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

T411

1,116,448
3,349,343
6,280,018
18,840,053
1,395,559
4,186,678
26,376,074

1,116,448
3,349,343
6,280,018
18,840,053
1,395,559
4,186,678
26,376,074

130,020,332

130,020,332

14,388,149
22,320,753

14,388,149
22,320,753

MESES POR TRIMESTRE

INCREMENTO SALARIAL

Nmero de Personas
Salario Individual

1
2,650,000

SALARIO BASE MENSUAL

Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario Individual
Auxilio de Transporte c/u

2007I

2,650,000
31,800,000
6,938,760
10,764,300
17,703,060
49,503,060

2,782,500
16,695,000
3,642,849
5,651,258
9,294,107
25,989,107

1
530,000
27,996

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario Individual
Auxilio de Transporte c/u

2,782,500

2006

530,000
27,996
6,695,948
1,387,752
2,152,860
3,540,612
10,236,560

5
1,441,600
5,599

2006

556,500
29,396

2007I
556,500
29,396
3,515,373
728,570
1,130,252
1,858,821
5,374,194

946,050
47,033

2007I

SALARIO BASE MENSUAL

Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

7,208,000
27,996
86,831,948
18,873,427
29,278,896
48,152,323
134,984,271

4,730,250
235,164
29,792,481
6,192,843
9,607,138
15,799,981
45,592,462

TOTA NOMINA PDCCION

194,723,891

76,955,763

27,199,939
42,196,056

10,564,262
16,388,647

Total Prestaciones Directas

Total Prestaciones Indirectas

0.00%

0.00%

6.00%

0.00%

GERENTE DE PRO
2,782,500

2,782,500

2,949,450

T307

T407

T108

2,782,500
8,347,500
1,821,425
2,825,629
4,647,053
12,994,553

2,782,500
8,347,500
1,821,425
2,825,629
4,647,053
12,994,553

2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

2,949,450

T208
2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

SECRETARIA DEL AREA D

556,500
29,396

T307
556,500
29,396
1,757,687
364,285
565,126
929,411
2,687,097

556,500
29,396

T407
556,500
29,396
1,757,687
364,285
565,126
929,411
2,687,097

589,890
31,159

T108
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

589,890
31,159

T208
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

OPERARIO
946,050
47,033

946,050
47,033

1,002,813
49,855

1,002,813
49,855

T307

T407

T108

T208

4,730,250
235,164
14,896,241
3,096,422
4,803,569
7,899,991
22,796,231

4,730,250
235,164
14,896,241
3,096,422
4,803,569
7,899,991
22,796,231

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

38,477,881

38,477,881

40,786,554

40,786,554

5,282,131
8,194,323

5,282,131
8,194,323

5,599,059
8,685,983

5,599,059
8,685,983

0.00%

0.00%

7.10%

0.00%

GERENTE DE PRODUCCION
2,949,450

T308
2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

2,949,450

3,158,861

3,158,861

T408

T109

T209

2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

631,772
33,372

631,772
33,372

SECRETARIA DEL AREA DE PRODUCCION

589,890
31,159

T308
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

589,890
31,159

T408

T109

T209

589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

1,002,813
49,855

1,074,013
53,394

1,074,013
53,394

OPERARIOS
1,002,813
49,855

T308

T408

T109

T209

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,014,065
249,273
15,790,015
3,282,207
5,091,783
8,373,990
24,164,005

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

40,786,554

40,786,554

43,682,400

43,682,400

5,599,059
8,685,983

5,599,059
8,685,983

5,996,592
9,302,688

5,996,592
9,302,688

0.00%

3,158,861

T309

0.00%

3,158,861

6.20%

3,354,710

0.00%

3,354,710

T409

T110

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

631,772
33,372

631,772
33,372

670,942
35,441

670,942
35,441

T309

T409

T110

T210

T210

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

1,074,013
53,394

1,074,013
53,394

1,140,602
56,705

1,140,602
56,705

T309

T409

T110

T210

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,370,064
266,972
16,911,106
3,515,244
5,453,300
8,968,543
25,879,649

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

43,682,400

43,682,400

46,390,708

46,390,708

5,996,592
9,302,688

5,996,592
9,302,688

6,368,381
9,879,454

6,368,381
9,879,454

0.00%

3,354,710

T310

0.00%

3,354,710

T410

4.00%

0.00%

0.00%

3,488,899

3,488,899

3,488,899

T111

T211

T311

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

670,942
35,441

670,942
35,441

697,780
36,858

697,780
36,858

697,780
36,858

T310

T410

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

1,140,602
56,705

1,140,602
56,705

1,186,226
58,973

1,186,226
58,973

1,186,226
58,973

T111

T211

T311

T310

T410

T111

T211

T311

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

5,703,008
283,524
17,959,595
3,733,189
5,791,404
9,524,593
27,484,187

5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555

46,390,708

46,390,708

48,246,337

48,246,337

48,246,337

6,368,381
9,879,454

6,368,381
9,879,454

6,623,116
10,274,632

6,623,116
10,274,632

6,623,116
10,274,632

0.00%

3,488,899

T411
3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

697,780
36,858

T411
697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

1,186,226
58,973

T411
5,931,128
294,865
18,677,978
3,882,516
6,023,060
9,905,577
28,583,555
48,246,337
6,623,116
10,274,632

MESES POR TRIMESTRE

INCREMENTO SALARIAL

Nmero de Personas
Salario Individual

1
2,650,000

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario Individual
Auxilio de Transporte c/u

2,650,000
31,800,000
6,938,760
10,764,300
17,703,060
49,503,060

1
530,000
27,996

2006
SALARIO BASE MENSUAL
Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

Nmero de Personas
Salario Individual
Auxilio de Transporte c/u

530,000
27,996
6,695,948
1,387,752
2,152,860
3,540,612
10,236,560

8
901,000
27,996

2006

2,782,500

2007I
2,782,500
16,695,000
3,642,849
5,651,258
9,294,107
25,989,107

556,500
29,396

2007I
556,500
29,396
3,515,373
728,570
1,130,252
1,858,821
5,374,194

946,050
29,395

2007I

SALARIO BASE MENSUAL

Auxilio transporte mensual
TOTAL SALARIO
Directas
Indirectas
Prestaciones Sociales
TOTAL

7,208,000
223,965
89,183,583
18,873,427
29,278,896
48,152,323
137,335,906

7,568,400
235,164
46,821,381
9,908,549
15,371,420
25,279,970
72,101,351

TOTA NOMINA VTAS

197,075,526

103,464,651

27,199,939
42,196,056

14,279,968
22,152,929

Total Prestaciones - Directas

Total Prestaciones - Indirectas

0.00%

0.00%

6.00%

0.00%

GERENTE DE MER
2,782,500

2,782,500

2,949,450

T307

T407

T108

2,782,500
8,347,500
1,821,425
2,825,629
4,647,053
12,994,553

2,782,500
8,347,500
1,821,425
2,825,629
4,647,053
12,994,553

2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

2,949,450

T208
2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

SECRETARIO DE ME
556,500
29,396

T307
556,500
29,396
1,757,687
364,285
565,126
929,411
2,687,097

556,500
29,396

T407
556,500
29,396
1,757,687
364,285
565,126
929,411
2,687,097

589,890
31,159

T108
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

589,890
31,159

T208
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

EMPLEADOS DEL REA D

946,050
29,395

946,050
29,395

1,002,813
31,159

1,002,813
31,159

T307

T407

T108

T208

7,568,400
235,164
23,410,691
4,954,275
7,685,710
12,639,985
36,050,675

7,568,400
235,164
23,410,691
4,954,275
7,685,710
12,639,985
36,050,675

8,022,504
249,273
24,815,332
5,251,531
8,146,853
13,398,384
38,213,716

8,022,504
249,273
24,815,332
5,251,531
8,146,853
13,398,384
38,213,716

51,732,326

51,732,326

54,836,265

54,836,265

7,139,984
11,076,465

7,139,984
11,076,465

7,568,383
11,741,053

7,568,383
11,741,053

0.00%

0.00%

7.10%

0.00%

GERENTE DE MERCADEO
2,949,450

T308
2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

2,949,450

3,158,861

3,158,861

T408

T109

T209

2,949,450
8,848,350
1,930,710
2,995,166
4,925,876
13,774,226

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

631,772
33,372

631,772
33,372

SECRETARIO DE MERCADEO
589,890
31,159

T308
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

589,890
31,159

T408
589,890
31,159
1,863,148
386,142
599,033
985,175
2,848,323

T109

T209

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

1,074,013
33,371

1,074,013
33,371

EMPLEADOS DEL REA DE MERCADEO

1,002,813
31,159

T308

1,002,813
31,159

T408

T109

T209

8,022,504
249,273
24,815,332
5,251,531
8,146,853
13,398,384
38,213,716

8,022,504
249,273
24,815,332
5,251,531
8,146,853
13,398,384
38,213,716

8,592,102
266,972
26,577,220
5,624,390
8,725,279
14,349,669
40,926,890

8,592,102
266,972
26,577,220
5,624,390
8,725,279
14,349,669
40,926,890

54,836,265

54,836,265

58,729,640

58,729,640

7,568,383
11,741,053

7,568,383
11,741,053

8,105,738
12,574,667

8,105,738
12,574,667

0.00%

3,158,861

T309

0.00%

3,158,861

6.20%

3,354,710

0.00%

3,354,710

T409

T110

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,158,861
9,476,583
2,067,790
3,207,823
5,275,614
14,752,197

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

631,772
33,372

631,772
33,372

670,942
35,441

670,942
35,441

T309

T409

T110

T210

T210

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

631,772
33,372
1,995,431
413,558
641,565
1,055,123
3,050,554

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

1,074,013
33,371

1,074,013
33,371

1,140,602
35,440

1,140,602
35,440

T309

T409

T110

T210

8,592,102
266,972
26,577,220
5,624,390
8,725,279
14,349,669
40,926,890

8,592,102
266,972
26,577,220
5,624,390
8,725,279
14,349,669
40,926,890

9,124,812
283,524
28,225,008
5,973,102
9,266,247
15,239,349
43,464,357

9,124,812
283,524
28,225,008
5,973,102
9,266,247
15,239,349
43,464,357

58,729,640

58,729,640

62,370,878

62,370,878

8,105,738
12,574,667

8,105,738
12,574,667

8,608,294
13,354,297

8,608,294
13,354,297

0.00%

3,354,710

T310

0.00%

3,354,710

T410

4.00%

0.00%

0.00%

3,488,899

3,488,899

3,488,899

T111

T211

T311

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,354,710
10,064,131
2,195,993
3,406,708
5,602,702
15,666,833

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

670,942
35,441

670,942
35,441

697,780
36,858

697,780
36,858

697,780
36,858

T310

T410

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

670,942
35,441
2,119,148
439,199
681,342
1,120,540
3,239,688

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

1,140,602
35,440

1,140,602
35,440

1,186,226
36,858

1,186,226
36,858

1,186,226
36,858

T111

T211

T311

T310

T410

T111

T211

T311

9,124,812
283,524
28,225,008
5,973,102
9,266,247
15,239,349
43,464,357

9,124,812
283,524
28,225,008
5,973,102
9,266,247
15,239,349
43,464,357

9,489,805
294,865
29,354,008
6,212,026
9,636,897
15,848,923
45,202,931

9,489,805
294,865
29,354,008
6,212,026
9,636,897
15,848,923
45,202,931

9,489,805
294,865
29,354,008
6,212,026
9,636,897
15,848,923
45,202,931

62,370,878

62,370,878

64,865,713

64,865,713

64,865,713

8,608,294
13,354,297

8,608,294
13,354,297

8,952,626
13,888,469

8,952,626
13,888,469

8,952,626
13,888,469

0.00%

3,488,899

T411
3,488,899
10,466,696
2,283,833
3,542,977
5,826,810
16,293,506

697,780
36,858

T411
697,780
36,858
2,203,914
456,767
708,595
1,165,362
3,369,276

1,186,226
36,858

T411
9,489,805
294,865
29,354,008
6,212,026
9,636,897
15,848,923
45,202,931

64,865,713
8,952,626
13,888,469

2006

Sem 1/ 2007

$
Compras de M.P
(+) I.I.M.P. $
(-) I.F.M.P. $
$
(=) MP utilizada

12,124,944,000
12,124,944,000

$
$
$
$

5,983,600,000
853,816,000
5,129,784,000

$
$
$
$
$
$

1,718,121,600
4,311,742,291
18,154,807,891
18,154,807,891

$
$
$

726,897,600
1,831,648,163
7,688,329,763
###
###
7,688,329,763

(+) MOD
(+) CIF
(=) Costo Produccin
(+) IIPT
(-) IFPT
(=) Costo de Ventas
Costo unitario

11,637.7

11,649.0

T307
$
$
$
$

2,533,815,155
853,816,000
483,940,239
2,903,690,916

$
$
$
$
$

T407

2007

T108

$
$
$
$

2,652,854,195
483,940,239
448,111,418
2,688,683,015

$
$
$
$

11,170,269,349
448,111,418
10,722,157,931

$
$
$
$

411,457,082
1,071,440,303
4,386,588,301
-

$
$
$
$
1,720,431,697 $
2,666,156,604 $

380,990,161
1,045,785,257
4,115,458,433
1,720,431,697
3,178,530,684
2,657,359,446

$
$
$
$
$
$

1,519,344,843
3,948,873,723
16,190,376,497
3,178,530,684
13,011,845,813

$
$

11,741.72

11,896.90

11,736.3

493,274,894
448,111,418
134,483,759
806,902,553

123,429,806
530,630,450
###
$ 3,178,530,684
$ 3,063,426,187
###
13,259.8

GRUPO EMPRESARIAL EL CACIQUE S.A.

ESTADO DE COSTOS DE PRODUCCION Y VENTAS
T208
$
$
$
$

210,357,071
134,483,759
50,090,933
294,749,897

$
46,660,903
$
337,651,476
$ 679,062,276
$ 3,063,426,187
$
(9)
###
16,303.23

T308
$
$

T408

###
50,090,933 $
561,733,944 $
###

$
470,909,692
$ 1,450,415,813
###
$
(9)
$
187,103,895
###
11,482.99

###
561,733,944
596,507,794
###

$
559,231,795
$ 1,679,881,797
###
$
187,103,895
$ 1,288,285,179
###
11,441.15

2008
$ 7,628,012,022
$
134,483,759
$
596,507,794
$ 7,165,987,987
$
$
$
$

1,200,232,196
3,998,579,536
###
3,063,426,187
1,288,285,179
###
11,540.9

QUE S.A.
ON Y VENTAS
T109

T209

$ 2,268,938,105
$
596,507,794
$
409,349,414
$ 2,456,096,485

$
$

$
394,712,919
$ 1,155,169,227
$ 4,005,978,632
$ 1,288,285,179
$
756,320,527
$ 4,537,943,284

$
554,363,148
$ 1,565,631,952
###
$
756,320,527
$
902,901,293
###

11,714.1

T309

###
409,349,414 $
574,002,519 $
###

11,584.4

T409

###
574,002,519 $
537,046,716 $
###

$
518,751,310
$ 1,477,448,470
###
$
902,901,293
$
874,483,496
###
11,610.9

###
537,046,716
643,454,103
###

$
621,548,872
$ 1,741,742,284
###
$
874,483,496
$ 1,014,070,235
###
11,557.8

2009
$
$
$
$
$
$

T110

###
409,349,414 $
643,454,103 $
###
2,089,376,250
5,939,991,932
###
756,320,527
1,014,070,235
###
11,504.2

T210

###
643,454,103 $
595,750,091 $
###

$
578,276,309
$ 1,655,500,729
###
$ 1,014,070,235
$
974,619,375
###
11,959.3

T310

###
595,750,091 $
687,232,952 $
###

$
664,240,329
$ 1,884,580,975
###
$
974,619,375
$ 1,092,405,658
###
11,960.2

###
687,232,952
650,167,189
###

$
628,092,748
$ 1,790,250,861
###
$ 1,092,405,658
$ 1,058,816,749
###
11,979.6

T410
$
$

2010

###
650,167,189 $
769,622,710 $
###

$
743,432,925
$ 2,091,240,626
###
$ 1,058,816,749
$ 1,215,889,998
###
11,935.7

$
$
$
$

T111

###
595,750,091 $
769,622,710 $
###
2,614,042,311
7,421,573,190
###
974,619,375
1,215,889,998
###
11,935.9

T211

###
769,622,710 $
705,143,493 $
###

$
683,796,688
$ 1,975,674,728
###
$ 1,215,889,998
$ 1,158,032,908
###
12,297.9

###
705,143,493
808,110,924
###

$
780,982,290
$ 2,250,293,346
###
$ 1,158,032,908
$ 1,291,144,420
###
12,314.0

T311
$
$

T411

###
808,110,924 $
794,220,005 $
###

$
767,238,958
$ 2,213,756,600
###
$ 1,291,144,420
$ 1,291,062,136
###
12,322.0

2011

###
794,220,005 $
954,508,236 $
###

$
922,024,511
$ 2,625,255,100
###
$ 1,291,062,136
$ 1,509,345,505
###
12,276.0

$
$
$
$

###
705,143,493
954,508,236
###
3,154,042,447
9,064,979,773
###
1,158,032,908
1,509,345,505
###
12,276.4

Incremento de Publicidad
2006
GASTOS OPERACIONALES
Nomina Administrativa
Nomina Administrativa x 2 Turno
Gastos Generales
Amortizacion de Diferidos
Depreciacion Edif y Muebles
GASTOS DE ADMINISTRACIN

$
$
$
$
$
$

395,028,809
60,000,000
26,000,000
55,000,000
536,028,809

$
Vendedor $
Conductor $
$
$

197,075,526
1,155,000
1,155,000
2,310,000
277,200,000

Investigacin y Desarrollo
Mantenimiento de Camiones
Depreciacion Vehiculos y Envases
GASTOS DE VENTAS

$
$
$
$
$
$

218,400,000
450,000,000
110,000,000
208,000,000
291,500,000
1,752,175,526

TOTAL GASTOS OPERACIONALES

2,288,204,335

70,914,127

Nomina de Ventas

Basico de Ventas(Mes)
Nomina de Vendedores
Prestaciones Laborales Vendedores

Comisiones
Publicidad

Prestaciones Directas-Vendedores
Prestaciones

Directas-REA ADMINISTRATIVA Y VENTAS

2007I

2%

2.5%

T307

T407

$
$
$
$
$
$

207,390,125
40,000,000
13,000,000
27,500,000
287,890,125

$
$
$
$
$
$

103,695,062
100,000,000
20,000,000
6,500,000
13,750,000
243,945,062

$
$
$
$
$
$

103,695,062
100,000,000
20,000,000
6,500,000
13,750,000
243,945,062

$
$
$
$
$

103,464,651
1,500,000
1,500,000
3,000,000
180,000,000

$
$
$
$
$

51,732,326
1,500,000
1,500,000
3,000,000
117,000,000

$
$
$
$
$

51,732,326
1,500,000
1,500,000
3,000,000
153,000,000

$
$
$
$
$
$

92,730,000
320,000,000
40,000,000
104,000,000
145,750,000
985,944,651

$
$
$
$
$
$

35,195,385
74,450,918
37,359,000
67,600,000
92,375,000
475,712,629

$
$
$
$
$
$

36,326,232
157,274,460
34,592,700
88,400,000
118,375,000
639,700,718

1,273,834,776

719,657,691

883,645,780

37,229,917

18,614,958

18,614,958

En los 117 millones ya tiene las comisiones los valores exactos son:
$60.711.300 de basico y $55.322.600 de comisiones

2007

0.96%

7.8%

T108

T208

$
$
$
$
$
$

414,780,249
200,000,000
80,000,000
26,000,000
55,000,000
775,780,249

$
$
$
$
$
$

109,916,766
20,876,000
6,500,000
13,750,000
151,042,766

$
$
$
$
$
$

109,916,766
20,876,000
6,500,000
13,750,000
151,042,766

206,929,303

450,000,000

$
$
$
$
$

54,836,265
1,590,000
1,590,000
3,180,000
162,180,000

$
$
$
$
$

54,836,265
1,590,000
1,590,000
3,180,000
143,100,000

$
$
$
$
$
$

164,251,617
551,725,378
111,951,700
260,000,000
356,500,000
2,101,357,998

$
$
$
$
$
$

26,736,944
19,413,429
68,110,920
92,271,920
118,375,000
541,924,478

$
$
$
$
$
$

90,365,930
231,446,733
58,300,600
92,271,920
118,375,000
788,696,448

2,877,138,247

692,967,244

939,739,214

74,459,833

19,731,856

19,731,856

s los valores exactos son:

omisiones

1.0%

1.0%

T308

T408

2008

$
$
$
$
$
$

109,916,766
40,000,000
20,876,000
6,500,000
13,750,000
191,042,766

$
$
$
$
$
$

109,916,766
70,000,000
20,876,000
6,500,000
13,750,000
221,042,766

$
$
$
$
$
$

439,667,064
110,000,000
83,504,000
26,000,000
55,000,000
714,171,064

$
$
$
$
$

54,836,265
1,590,000
1,590,000
3,180,000
143,100,000

$
$
$
$
$

54,836,265
1,590,000
1,590,000
3,180,000
181,260,000

219,345,060

629,640,000

$
$
$
$
$
$

133,341,450
337,795,280
75,664,620
92,271,920
118,375,000
955,384,535

$
$
$
$
$
$

139,405,476
406,459,203
89,856,000
103,127,440
118,375,000
1,093,319,384

$
$
$
$
$
$

389,849,800
995,114,645
291,932,140
379,943,200
473,500,000
3,379,324,845

1,146,427,301

1,314,362,150

4,093,495,909

19,731,856

19,731,856

78,927,424

1,151,753,381

1,319,270,710

1.4%

1.8%

1.1%

T109

T209

T309

$
$
$
$
$
$

117,720,857
60,000,000
21,615,010
6,500,000
13,750,000
219,585,867

$
$
$
$
$
$

117,720,857
80,000,000
21,615,010
6,500,000
13,750,000
239,585,867

$
$
$
$
$
$

117,720,857
70,000,000
21,615,010
6,500,000
13,750,000
229,585,867

$
$
$
$
$

58,729,640
1,702,890
1,702,890
3,405,780
163,477,440

$
$
$
$
$

58,729,640
1,702,890
1,702,890
3,405,780
194,129,460

$
$
$
$
$

58,729,640
1,702,890
1,702,890
3,405,780
183,912,120

$
$
$
$
$
$

99,355,581
430,615,958
88,914,729
106,778,151
131,375,000
1,079,246,499

$
$
$
$
$
$

122,678,816
497,600,662
124,878,226
106,778,151
131,375,000
1,236,169,956

$
$
$
$
$
$

117,294,969
449,754,445
116,856,150
106,778,151
131,375,000
1,164,700,475

1,298,832,366

1,475,755,823

1,394,286,342

21,132,817

21,132,817

21,132,817

1.8%

0.8%

T409

2009

T110

$
$
$
$
$
$

117,720,857
100,000,000
21,615,010
6,500,000
13,750,000
259,585,867

$
$
$
$
$
$

470,883,428
310,000,000
86,460,042
26,000,000
55,000,000
948,343,470

$
$
$
$
$
$

125,019,550
80,000,000
22,358,567
6,500,000
13,750,000
247,628,117

$
$
$
$
$

58,729,640
1,702,890
1,702,890
3,405,780
214,564,140

234,918,560

756,083,160

$
$
$
$
$

62,370,878
1,808,469
1,808,469
3,616,938
206,165,487

$
$
$
$
$
$

138,115,073
535,877,636
140,012,771
118,017,957
144,375,000
1,349,692,217

$
$
$
$
$
$

477,444,438
1,913,848,700
470,661,878
438,352,411
538,500,000
4,829,809,147

$
$
$
$
$
$

161,541,267
445,429,146
150,558,328
122,077,774
144,375,000
1,292,517,880

1,609,278,085

5,778,152,617

1,540,145,997

21,132,817

84,531,268

22,443,052

1.5%

0.8%

1.4%

T210

T310

T410

$
$
$
$
$
$

125,019,550
90,000,000
22,358,567
6,500,000
13,750,000
257,628,117

$
$
$
$
$
$

125,019,550
90,000,000
22,358,567
6,500,000
13,750,000
257,628,117

$
$
$
$
$
$

125,019,550
100,000,000
22,358,567
6,500,000
13,750,000
267,628,117

$
$
$
$
$

62,370,878
1,808,469
1,808,469
3,616,938
238,717,932

$
$
$
$
$

62,370,878
1,808,469
1,808,469
3,616,938
227,867,117

$
$
$
$
$

62,370,878
1,808,469
1,808,469
3,616,938
260,419,562

$
$
$
$
$
$

185,462,758
514,718,125
172,939,669
127,891,002
150,875,000
1,452,975,363

$
$
$
$
$
$

176,388,901
465,225,997
163,528,390
127,891,002
150,875,000
1,374,147,285

$
$
$
$
$
$

205,468,442
554,311,827
193,558,021
139,517,457
163,875,000
1,579,521,186

1,710,603,480

1,631,775,402

1,847,149,303

22,443,052

22,443,052

22,443,052

2010

T111

T211

$
$
$
$
$
$

500,078,200
360,000,000
89,434,267
26,000,000
55,000,000
1,030,512,467

$
$
$
$
$
$

130,020,332
100,000,000
23,082,984
13,750,000
266,853,316

$
$
$
$
$
$

130,020,332
100,000,000
23,082,984
13,750,000
266,853,316

249,483,512

933,170,097

$
$
$
$
$

64,865,713
1,880,808
1,880,808
3,761,616
248,266,649

$
$
$
$
$

64,865,713
1,880,808
1,880,808
3,761,616
282,121,192

$
$
$
$
$
$

728,861,368
1,979,685,095
680,584,407
517,377,235
610,000,000
5,699,161,714

$
$
$
$
$
$

222,243,709
459,861,051
201,703,445
144,037,822
163,875,000
1,504,853,390

$
$
$
$
$
$

249,312,494
531,394,992
230,370,842
150,039,398
170,375,000
1,678,479,631

6,729,674,181

1,771,706,706

1,945,332,947

89,772,208

23,340,775

23,340,775

T311

T411

2011

$
$
$
$
$
$

130,020,332
100,000,000
23,082,984
13,750,000
266,853,316

$
$
$
$
$
$

130,020,332
100,000,000
23,082,984
13,750,000
266,853,316

$
$
$
$
$
$

520,081,328
400,000,000
92,331,937
55,000,000
1,067,413,265

$
$
$
$
$

64,865,713
1,880,808
1,880,808
3,761,616
282,121,192

$
$
$
$
$

64,865,713
1,880,808
1,880,808
3,761,616
327,260,583

259,462,852

1,139,769,616

$
$
$
$
$
$

244,850,839
480,299,320
226,316,892
150,039,398
170,375,000
1,618,868,354

$
$
$
$
$
$

295,249,263
572,271,530
271,974,878
174,045,702
196,375,000
1,902,042,668

$
$
$
$
$
$

1,011,656,305
2,043,826,892
930,366,057
618,162,320
701,000,000
6,704,244,042

1,885,721,670

2,168,895,984

7,771,657,307

23,340,775

23,340,775

93,363,100

OBLIGACIN FINANCIERA SOBREGIRO

MONTO
n
TASA
CUOTA
FACTOR
TRIMETRES
T407
T108

1,352,106,703
1
6.88%
1,445,152,218
0.9356154226
n
0
1

31% EA

CUOTA

INTERS

1,445,152,218

93,045,515

OBLIGACIN FINANCIERA CORTO PLAZO

MONTO
n
TASA
CUOTA
FACTOR
TRIMETRES
T108
T208

772,000,000
1
7%
824,110,000
0.9367681499
n
0
1

27%

CUOTA

INTERS

824,110,000

52,110,000

OBLIGACIN FINANCIERA SOBREGIRO

MONTO
n
TASA
CUOTA
FACTOR
TRIMETRES
T108
T208

637,383,947
1
6.88%
681,245,661
0.9356154226
n
0
1

31%

CUOTA

INTERS

681,245,661

43,861,714

OBLIGACIN FINANCIERA SOBREGIRO

MONTO
n
TASA
CUOTA
FACTOR
TRIMETRES
T208

74,106,548
1
7%
79,206,206
0.9356154226
n
0

31%

CUOTA

INTERS
-

T308

79,206,206

5,099,658

SOBREGIRO

OBLIGACIN
MONTO
n
TASA
CUOTA
FACTOR
ABONO
1,352,106,703

SALDO
1,352,106,703
-

CORTO PLAZO

ABONO
772,000,000

SALDO
772,000,000
-

TRIMETRES
T108
T208
T308
T408
T109
T209
T309
T409
T110

T108
T208
T308

SOBREGIRO

OBLIGACIN
MONTO
n
TASA
CUOTA
FACTOR
ABONO
637,383,947

SALDO
637,383,947
-

TRIMETRES
T108
T208

SOBREGIRO

OBLIGACI
MONTO
n
TASA

ABONO

SALDO
74,106,548

TRIMETRES
T308
T408

74,106,548

T109
T209
T309
T409
T110
T210
T310
T410
T111
T211
T311

OBLIGACIN FINANCIERA LARGO PLAZO

800,000,000
8
7%
133,974,210
5.9712985062
n
0
1
2
3
4
5
6
7
8

28% TA

CUOTA
56,000,000
128,516,015
164,025,790
135,000,000
128,000,000
121,000,000
114,000,000
107,000,000
100,000,000

7.53%

INTERS
56,000,000
50,541,805
42,000,000
35,000,000
28,000,000
21,000,000
14,000,000
7,000,000
-

TOTALES
CUOTAS
INTERESES
DEUDA
1,501,152,218
149,045,515
1,409,383,947
1,633,871,676
146,513,519

ABONO
77,974,210
122,025,790
100,000,000
100,000,000
100,000,000
100,000,000
100,000,000
100,000,000

1,382,572,998

26,810,949

OBLIGACIN FINANCIERA CORTO PLAZO

568,173,494
1
7%
606,525,205
0.9367681499
n
0
1

27%

CUOTA

INTERS

606,525,205

38,351,711

ABONO
568,173,494

OBLIGACIN LARGO PLAZO BONOS

800,000,000
12
6.5%
n
0
1

26% TV
INTERS
52,000,000

28.65%
MONTO
800,000,000
800,000,000

2
3
4
5
6
7
8
9
10
11
12

52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000
52,000,000

800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000
800,000,000

33.68%

SALDO
800,000,000
722,025,790
600,000,000
500,000,000
400,000,000
300,000,000
200,000,000
100,000,000
-

SALDO
568,173,494
-

2007
4 INGRESOS
VENTAS DE CERVEZAS
41 TOTAL INGRESOS OPERACIONALES

$
$

16,425,161,700
16,425,161,700

6 COSTO DE VENTAS

(13,011,845,813)

UTILIDAD BRUTA

3,413,315,887

5 GASTOS OPERACIONALES
51 GASTOS DE ADMINISTRACIN
52 GASTOS DE VENTAS

$
$
$

(2,877,138,247)
775,780,249
2,101,357,998

UTILIDAD OPERACIONAL

536,177,640

42 INGRESOS NO OPERACIONALES
Rendimientos Financieros

$
$

6,905,960
6,905,960

53 GASTOS NO OPERACIONALES
Intereses Financieros
Perdida por vta de tanques
UTILIDAD ANTES DE IMPTO

$
$
$
$

30,940,000
30,940,000
512,143,600

54 IMPTO SOBRE LA RENTA

(174,128,824)

UTILIDAD NETA

338,014,776

RESERVAS LEGALES

(33,801,478)

UTILIDAD NETA SIN RESERVAS

304,213,298

VALOR DE LA ACCION EN EL MERCADO

260.011366

2008

ANLISIS
VERTICAL

ANLISIS
VERTICAL

ANLISIS
HORIZONTAL

100%
100%

$
$

20,212,330,811
20,212,330,811

100%
100%

23%
23%

-66.14%

(14,139,940,728)

-69.96%

9%

34%

6,072,390,083

30%

78%

-19%
3.17%
15.69%

$
$
$

(4,093,495,909)
714,171,064
3,379,324,845

-20%
3.53%
16.72%

42%
-8%
61%

15%

1,978,894,174

10%

269%

0%
0%

$
$

5,000,000
5,000,000

0%
0%

-28%
-28%

1.25%
1.25%
0.00%
14%

$
$
$
$

429,658,692
429,658,692
1,554,235,482

2.13%
2%
0.00%
8%

1289%
-100%
#DIV/0!
203%

-4.56%

-2.54%

195%

9%

5%

208%

-0.93%

(104,133,777)

-0.52%

208%

8%

937,203,996

5%

208%

(512,897,709)
1,041,337,773

801.029056

T109

T209

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

6,623,705,372
6,623,705,372

100%
100%

$
$

8,178,587,740
8,178,587,740

100%
100%

(4,537,943,284)

-68.51%

(5,417,429,447)

-66.24%

2,085,762,089

31%

2,761,158,293

34%

$
$
$

(1,298,832,366)
219,585,867
1,079,246,499

-20%
3.32%
16.29%

$
$
$

(1,475,755,823)
239,585,867
1,236,169,956

-18%
2.93%
15.11%

12%

1,285,402,470

16%

0%
0%

$
$

$
$
$

786,929,723
-

0%
0%

$
$
$
$

118,351,711
118,351,711
668,578,012

1.79%
1.79%
0.00%
10%

$
$
$
$

(220,630,744)

-3.33%

(400,092,815)

-4.89%

447,947,268

7%

812,309,655

10%

(44,794,727)

-0.68%

(81,230,965)

-0.99%

403,152,541

6%

731,078,690

9%

344.574821

73,000,000
73,000,000
1,212,402,470

624.853580

0.89%
0.89%
0.00%
15%

GRUPO EMPRESARIAL EL CACIQUE S.A.

ESTADO DE RESULTADOS

T309

T409

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

7,819,664,575
7,819,664,575

100%
100%

$
$

9,207,671,543
9,207,671,543

100%
100%

(5,246,897,873)

-67.10%

(6,084,429,037)

-66.08%

2,572,766,702

33%

3,123,242,505

34%

$
$
$

(1,394,286,342)
229,585,867
1,164,700,475

-18%
2.94%
14.89%

$
$
$

(1,609,278,085)
259,585,867
1,349,692,217

-17%
2.82%
14.66%

1,178,480,359

15%

1,513,964,421

16%

0%
0%

$
$

0.84%
0.84%
0.00%
14%

$
$
$
$

$
$
$
$
$
$

66,000,000
66,000,000
1,112,480,359

59,000,000
59,000,000
1,454,964,421

0%
0%
0.64%
0.64%
0.00%
16%

(367,118,519)

-4.69%

(480,138,259)

-5.21%

745,361,840

10%

974,826,162

11%

(74,536,184)

-0.95%

(97,482,616)

-1.06%

670,825,656

9%

877,343,546

10%

573.355262

749.866278

2009

T110

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

31,829,629,229
31,829,629,229

100%
100%

$
$

8,502,171,928
8,502,171,928

100%
100%

(20,567,576,607)

-64.62%

(5,847,728,442)

-68.78%

11,262,052,622

35%

2,654,443,486

$
$
$

(5,778,152,617)
948,343,470
4,829,809,147

-18%
2.98%
15.17%

$
$
$

(1,540,145,997)
247,628,117
1,292,517,880

31%
0.00%
-18%
2.91%
15.20%

5,483,900,005

17%

1,114,297,489

13%

0%
0%

$
$

$
$

0%
0%

$
$
$
$

316,351,711
316,351,711
5,167,548,294

0.99%
1%
0.00%
16%

$
$
$
$

(1,705,290,937)

-5.36%

(350,558,172)

-4.12%

3,462,257,357

11%

711,739,317

8%

-1.09%

(71,173,932)

-0.84%

10%

640,565,385

8%

$
$

(346,225,736)
3,116,031,621

2,663.274890

52,000,000
52,000,000
1,062,297,489

0.61%
0.61%
0.00%
12%

T210

T310

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

9,761,197,792
9,761,197,792

100%
100%

$
$

9,283,626,372
9,283,626,372

100%
100%

(6,554,432,731)

-67.15%

(6,352,935,651)

-68.43%

3,206,765,061

2,930,690,721

$
$
$

(1,710,603,480)
257,628,117
1,452,975,363

33%
0.00%
-18%
2.64%
14.89%

$
$
$

(1,631,775,402)
257,628,117
1,374,147,285

32%
0.00%
-18%
2.78%
14.80%

1,496,161,581

15%

1,298,915,319

14%

0%
0%

$
$

0.53%
0.53%
0.00%
15%

$
$
$
$

$
$
$
$
$
$

52,000,000
52,000,000
1,444,161,581

52,000,000
52,000,000
1,246,915,319

0%
0%
0.56%
0.56%
0.00%
13%

(476,573,322)

-4.88%

(411,482,055)

-4.43%

967,588,259

10%

835,433,264

9%

(96,758,826)

-0.99%

(83,543,326)

-0.90%

870,829,433

9%

751,889,938

8%

T410

2010

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

10,814,128,519
10,814,128,519

100%
100%

$
$

38,361,124,610
38,361,124,610

100%
100%

(7,295,336,561)

-67.46%

(25,963,278,511)

-67.68%

3,518,791,958

12,397,846,099

$
$
$

(1,847,149,303)
267,628,117
1,579,521,186

33%
0.00%
-17%
2.47%
14.61%

$
$
$

(6,729,674,181)
1,030,512,467
5,699,161,714

32%
0.00%
-18%
2.69%
14.86%

1,671,642,655

15%

5,668,171,918

15%

0%
0%

$
$

0.48%
0.48%
0.00%
15%

$
$
$
$

208,000,000
208,000,000
5,460,171,918

0.54%
1%
0.00%
14%

-4.94%

(1,801,856,733)

-4.70%

10%

3,658,315,185

10%

$
$
$
$
$
$
$
$

52,000,000
52,000,000
1,619,642,655
(534,482,076)
1,085,160,579

(108,516,058)

-1.00%

976,644,521

9%

(365,831,518)
3,292,483,667

2,814.088604

0%
0%

-0.95%
9%

T111

T211

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

10,101,986,794
10,101,986,794

100%
100%

$
$

11,332,386,085
11,332,386,085

100%
100%

(6,948,189,464)

-68.78%

(7,746,829,666)

-68%

3,153,797,330

31%

3,585,556,419

32%

$
$
$

(1,771,706,706)
266,853,316
1,504,853,390

-18%
3%
15%

$
$
$

(1,945,332,947)
266,853,316
1,678,479,631

-17%
2%
15%

1,382,090,624

14%

1,640,223,472

14%

0%
0%

$
$

1%
1%
0%
13%

$
$
$
$

$
$
$
$
$
$

52,000,000
52,000,000
1,330,090,624

52,000,000
52,000,000
1,588,223,472

0%
0%
0%
0%
0%
14%

(438,929,906)

-4%

891,160,718

9%

(89,116,072)

-1%

(106,410,973)

-1%

802,044,646

8%

957,698,753

8%

(524,113,746)
1,064,109,726

-5%
9%

T311

T411

ANLISIS
VERTICAL

ANLISIS
VERTICAL

$
$

11,129,583,592
11,129,583,592

100%
100%

$
$

13,420,421,032
13,420,421,032

100%
100%

(7,746,397,870)

-70%

(9,056,045,658)

-67%

3,383,185,723

30%

4,364,375,375

33%

$
$
$

(1,885,721,670)
266,853,316
1,618,868,354

-17%
2%
15%

$
$
$

(2,168,895,984)
266,853,316
1,902,042,668

-16%
2%
14%

1,497,464,052

13%

2,195,479,390

16%

0%
0%

$
$

0%
0%

0%
0%
0%
13%

0%
0%
0%
16%

$
$
$
$
$
$

52,000,000
52,000,000
1,445,464,052

$
$

(477,003,137)

-4%

968,460,915

9%

(96,846,092)

-1%

871,614,823

8%

2,195,479,390
(724,508,199)
1,470,971,191
(147,097,119)
1,323,874,072

-5%
11%
-1%
10%

2011

ANLISIS
VERTICAL

$
$

45,984,377,504
45,984,377,504

100%
100%

(31,375,126,349)

-68%

14,609,251,155

32%

$
$
$

(7,771,657,307)
1,067,413,265
6,704,244,042

-17%
2%
15%

6,837,593,848

15%

$
$

0%
0%

$
$
$
$

156,000,000
156,000,000
6,681,593,848

0%
0%
0%
15%

(2,204,925,970)

-5%

4,476,667,878

10%

$
$

(447,666,788)
4,029,001,090

-1%
9%

2006
INGRESOS DE EFECTIVO
Ventas de contado
Recuperacion de cartera
Vta de Tanques de Fermentacion
Bonos
Ingresos CDT
Obligacin Financiera LP
Obligacin Financiera CP
Sobregiro
Ingresos Rendimientos CDT
TOTAL ENTRADAS OPERACIN
SALIDAS DE EFECTIVO
Proveedores Compras
Pagos Proveedores (CxP)
Pagos MOD
Costos Indirectos de Fabricacion
Gasto de Operacin
Pago de impuestos
Pago de pasivos laborales
Adquisicion de activos fijos
Inversiones en CDT
Compra de Camiones
Compra de Mezcladoras
Compra de Embotelladoras
Compra Envases
Pago de Intereses Bonos
Pago Cuota Obligacion Fra LP
Pago Cuota Obligacin Fra CP
Pago de Bonos
Pago Cuota Sobregiro
Pago de Dividendos
TOTAL SALIDAS DE EFECTIVO
FLUJO NETO DE EFECTIVO
(+) Saldo Inicial de Efectivo
SALDO FINAL DE EFECTIVO

Sem 1/ 2007

19,656,000,000
-

$
$

7,418,400,000
2,184,000,000

19,656,000,000

9,602,400,000

11,215,573,200
1,718,121,600
4,066,642,352
1,844,790,208
-

$
$
$
$
$
$
$

5,086,060,000
909,370,800
726,897,600
1,712,133,901
1,050,354,859
461,005,965
98,114,066

$
$
$

4,824,000,000

23,669,127,360

10,043,937,191

(4,013,127,360) $

(441,537,191)

1,170,000,000

(2,843,127,360)

(2,843,127,360) $

(3,284,664,551)

PRAMETRO DE INVERSIN

T307
$
$
$

T407

2,463,676,950
1,854,600,000
123,760,000

$
$

2007

2,542,836,240
1,055,861,550

4,442,036,950

$
$
$

$
$
$
$
$

2,027,052,124
897,540,000
411,457,082
990,483,172
588,417,733

$
$
$
$
$

2,122,283,356
506,763,031
380,990,161
943,828,126
726,405,822

390,000,000
760,000,000
270,000,000

$
$
$
$

276,238,398
520,000,000
570,000,000
270,000,000

$
$
$
$
$

6,334,950,111

$
$
$
$

12,424,913,190
5,094,461,550
123,760,000
-

1,352,106,703
4,950,804,493

$
$
$

1,352,106,703
18,995,241,443

$
$
$
$
$
$
$
$
$
$
$
$

9,235,395,479
2,313,673,831
1,519,344,843
3,646,445,199
2,365,178,414
461,005,965
98,114,066
276,238,398
910,000,000
1,330,000,000
540,000,000

6,316,508,893

22,695,396,195

(1,892,913,161) $

(1,365,704,400) $

(3,700,154,752)

(3,284,664,551) $

(5,177,577,712) $

(2,843,127,360)

(5,177,577,712) $

(6,543,282,112) $

(6,543,282,112)

GRUPO E
ESTA
T108

T208

$
$

1,439,681,600
1,089,786,960

$
$

$
$

276,238,398
800,000,000

$
$
$
$
$
$
$
$
$
$
$
$

1,409,383,947
6,905,960
5,021,996,865
(1,409,383,947)
394,619,915
530,570,839
123,429,806
428,356,391
534,610,388
169,007,388
95,588,357
-

T308

3,162,807,558
617,006,400

$
$
$
$

74,106,548
3,853,920,506

$
$
$
$
$

168,285,657
98,654,979
46,660,903
235,377,417
781,382,358

$
$
$
$

$
$
$
$
$
$

4,666,950,750
1,355,488,953
800,000,000
-

$
$

6,822,439,703

$
$
$
$
$
$
$
$
$
$
$
$

2,733,837,886
42,071,414
470,909,692
1,348,141,754
988,070,445
-

$
$

56,000,000

$
$
$

128,516,015
824,110,000

$
$

164,025,790

$
$
$

1,445,152,218
3,777,335,302

$
$
$

681,245,661
138,144,746
3,102,377,735

$
$
$

79,206,206
276,289,492
6,102,552,680

1,244,661,563

751,542,771

719,887,023

(6,543,282,112) $

(5,298,620,549) $

(4,547,077,779)

(5,298,620,549) $

(4,547,077,779) $

(3,827,190,755)

1,244,661,563

GRUPO EMPRESARIAL EL CACIQUE S.A.

ESTADO DE FLUJO DE EFECTIVO
T408
$
$
$

4,879,191,660
2,000,121,750
-

$
$
$
$
$
$

568,173,494
7,447,486,904

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$
$
$

2008

T109

$
$
$
$
$
$
$
$
$
$

14,148,631,568
5,062,404,063
800,000,000
276,238,398
800,000,000
568,173,494
1,483,490,495
6,905,960
23,145,843,978

$
$
$

4,636,593,760
2,091,082,140
-

$
$

200,000,000
-

$
$
$

5,000,000
6,932,675,900

2,805,666,160
683,459,472
559,231,795
1,577,607,738
1,156,005,294
200,000,000
260,000,000
52,000,000
135,000,000

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

6,102,409,618
1,354,756,703
1,200,232,196
3,589,483,300
3,460,068,485
169,007,388
95,588,357
200,000,000
260,000,000
52,000,000
483,541,805
824,110,000

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

1,815,150,484
701,416,540
394,712,919
1,052,497,635
1,126,074,549
490,675,479
101,323,660
52,000,000
128,000,000
606,525,205

276,289,492
7,705,259,951

$
$
$

2,205,604,084
690,723,731
20,687,525,668

$
$
$

6,468,376,472

2,458,318,310

(257,773,047)

464,299,429

(3,827,190,755) $

(6,543,282,112) $

(4,084,963,802)

(4,084,963,802) $

(4,084,963,802) $

(3,620,664,374)

T209
$
$
$

T309
$
$

5,473,765,203 $
2,453,576,322 $
### $

### $

### $
$

### $
7,712,123,030 $

### $
$
7,927,341,525 $

$
$
$
$
$
$

5,725,011,418
1,987,111,612
-

T409

2,886,934,574
453,787,621
554,363,148
1,462,960,360
1,302,998,006
###

$
$
$
$
$
$
$
$
$
$
$
$
$
$

2,548,259,595
721,733,644
518,751,310
1,371,401,878
1,221,528,525
###
135,000,000
52,000,000
114,000,000

8,791,269,452

3,173,705,605
637,064,899
621,548,872
1,635,695,692
1,423,520,268
260,000,000
52,000,000
107,000,000

179,223,902
8,089,759,238

52,000,000
121,000,000

$
$
$

89,611,951
6,923,655,661

$
$

### $
179,223,902 $
6,861,898,853 $

788,467,369

1,065,442,672

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

$
$

6,445,370,080
2,345,899,372
-

701,510,214

(3,620,664,374) $

(2,832,197,005) $

(1,766,754,333)

(2,832,197,005) $

(1,766,754,333) $

(1,065,244,120)

2009

T110

T210

$
$
$

22,280,740,460
8,877,669,446
-

$
$
$

5,951,520,350
2,762,301,463
-

$
$

200,000,000
-

$
$

$
$
$

5,000,000
31,363,409,906

$
$
$

8,713,821,813

$
$
$

9,383,490,032

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

10,424,050,259
2,514,002,703
2,089,376,250
5,522,555,565
5,074,121,349
490,675,479
101,323,660
260,000,000
135,000,000
208,000,000
470,000,000
606,525,205

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

2,821,437,225
793,426,401
578,276,309
1,549,082,348
1,353,077,945
1,467,980,337
108,517,636
52,000,000
100,000,000

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

3,371,904,456
705,359,306
664,240,329
1,773,412,594
1,517,035,428
130,000,000
190,000,000
52,000,000
-

$
$
$

448,059,754
28,343,690,224

$
$
$

8,823,798,201

$
$
$

387,603,483
8,791,555,596

3,019,719,683

(109,976,388) $

591,934,436

(4,084,963,802) $

(1,065,244,120) $

(1,175,220,508)

(1,065,244,120) $

(1,175,220,508) $

(583,286,072)

$
$
$
$
$

6,832,838,454
2,550,651,578
-

T310
$
$
$

T410

$
$
$

9,426,897,799

$
$
$

10,354,977,874

$
$
$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

3,091,149,897
842,976,114
628,092,748
1,679,082,480
1,438,207,350
52,000,000
-

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

3,789,753,424
772,787,474
743,432,925
1,980,072,245
1,640,581,251
260,000,000
190,000,000
52,000,000
-

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

13,074,245,002
3,114,549,296
2,614,042,311
6,981,649,667
5,948,901,973
1,467,980,337
108,517,636
390,000,000
380,000,000
208,000,000
100,000,000

$
$
$

775,206,965
8,506,715,554

$
$
$

775,206,965
10,203,834,284

$
$
$

1,938,017,413
36,325,903,635

920,182,245

151,143,590

1,553,283,882

(583,286,072) $

336,896,173

(1,065,244,120)

336,896,173

488,039,763

488,039,763

$
$

6,498,538,461
2,928,359,338
-

$
$
$

2010

$
$

7,569,889,963
2,785,087,911
-

26,852,787,227
11,026,400,290
37,879,187,517

T111
$
$
$

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

7,071,390,756
3,244,238,556
###
###
###
###
###
###
10,315,629,312

3,333,105,393
947,438,356
683,796,688
1,859,501,612
1,570,740,931
1,773,095,625
115,245,732
52,000,000
10,334,924,337

T211
$
$
$
$
$
$
$
$
$

7,932,670,260
3,030,596,038
###
10,963,266,298

$
$
$
$
$
$
$

3,961,306,379
833,276,348
780,982,290
2,117,870,230
1,737,867,172
-

$
$
$

130,000,000
380,000,000
270,000,000

52,000,000

T311
$
$
$
$
$
$
$
$
$
$

7,790,708,514
3,399,715,825
11,190,424,339

$
$
$
$
$

3,801,143,287
990,326,595
767,238,958
2,081,333,484
1,678,255,895

52,000,000

800,000,000
1,087,665,813
11,257,964,032

$
$

543,832,906
10,807,135,325

$
$

(19,295,024) $

156,130,973

(67,539,692)

488,039,763

468,744,738

624,875,711

468,744,738

624,875,711

557,336,019

T411

2011

$
$
$
$
$
$
$
$
$
$

9,394,294,722
3,338,875,078
12,733,169,800

$
$
$
$
$
$
$
$
$
$

32,189,064,253
13,013,425,497
45,202,489,750

$
$
$
$
$

4,709,870,117
950,285,822
922,024,511
2,492,831,984
1,935,430,209

$
$
$

520,000,000
570,000,000
270,000,000

$
$
$
$
$
$
$
$
$
$
$
$

15,805,425,176
3,721,327,120
3,154,042,447
8,551,537,310
6,922,294,207
1,773,095,625
115,245,732
650,000,000
950,000,000
540,000,000

1,087,665,813
13,458,108,456

$
$
$
$
$
$
$

156,000,000
800,000,000
2,719,164,532
45,858,132,149

$
$
$

(724,938,656) $

557,336,019

(167,602,637) $

(655,642,399)
488,039,763
(167,602,637)

A 30 DE SEPT. 2005
(INICIACION)

ACTIVO
ACTIVO CORRIENTE
11 DISPONIBLE
13 DEUDORES
DEUDORES RENDIMIENTOS FROS
14 INVENTARIOS
Producto Terminado
Materia Prima
INVERSIONES TEMPORALES (CDT)
TOTAL ACTIVO CORRIENTE

ACTIVO NO CORRIENTE
15 PROPIEDADES, PLANTA Y EQ.
15 DEPRECIACIN ACUMULADA
17 DIFERIDOS
TOTAL ACTIVO NO CORRIENTE

TOTAL ACTIVO

1,300,000,000

1,300,000,000

1,300,000,000

2 PASIVO
PASIVO CORRIENTE
21 OBLIGACIONES FINANCIERAS
22 PROVEEDORES
DIVIDENDOS POR PAGAR
24 IMPTOS GRAVAMENES Y TASAS
25 OBLIGACIONES LABORALES (Directas)
TOTAL PASIVO CORRIENTE

PASIVO NO CORRIENTE
21 OBLIGACIONES FINANCIERAS
29 BONOS EN CIRCULACION
TOTAL PASIVO NO CORRIENTE

TOTAL PASIVO

3 PATRIMONIO
31 CAPITAL SOCIAL
33 RESERVAS
UTILIDAD RETENIDA
37 RESULTADOS DEL EJERCICIO
TOTAL PATRIMONIO

1,300,000,000

1,300,000,000

TOTAL PASIVO Y PATRIMONIO

1,300,000,000

2006

1,170,000,000

-2,843,127,360
2,184,000,000

-659,127,360

-76.75%
58.96%
0.00%
0.00%
0.00%
0.00%
0.00%
-17.79%

ANLISIS
VERTICAL

2005

1,170,000,000

130,000,000
130,000,000

4,824,000,000
-564,400,000
104,000,000
4,363,600,000

1,300,000,000

3,704,472,640

1,300,000,000

2007I

-3,284,664,551
1,854,600,000
853,816,000
853,816,000
$

-576,248,551

130.22%
-15.24%
2.81%
117.79%

4,824,000,000
-846,600,000
91,000,000
4,068,400,000

100.00%

3,492,151,449

909,370,800

0.00%
24.55%

897,540,000

461,005,965
98,114,066

12.44%
2.65%

102,575,702
47,794,179

1,468,490,831

39.64%

0.00%
0.00%
0.00%

1,468,490,831

39.64%

1,047,909,881

1,300,000,000
93,598,181

1,300,000,000
114,424,157
842,383,628
187,433,783
2,444,241,568

3,492,151,449

1,300,000,000

842,383,628
2,235,981,809

35.09%
2.53%
0.00%
22.74%
60.36%

1,300,000,000

3,704,472,640

100.00%

1,047,909,881

ANLISIS
VERTICAL

-94.06%
53.11%
0.00%
24.45%
0.00%
24.45%
0.00%
-16.50%

ANLISIS
VERTICAL

T307

-5,177,577,712
1,055,861,550
2,204,371,936
1,720,431,697
483,940,239
-1,917,344,226

-160.39%
32.71%
0.00%
68.29%
53.30%
14.99%
0.00%
-59.40%

138.14%
-24.24%
2.61%
116.50%

6,062,000,000
-1,001,100,000
84,500,000
5,145,400,000

100.00%

3,228,055,774

-6,543,282,112
1,089,786,960
6,905,960
3,626,642,102
3,178,530,684
448,111,418
276,238,398
-1,543,708,692

187.79%
-31.01%
2.62%
159.40%

7,422,000,000
-1,229,900,000
78,000,000
6,270,100,000

100.00%

4,726,391,308

0.00%
25.70%

506,763,031

0.00%
15.70%

2.94%
1.37%

136,494,490
71,691,268

4.23%
2.22%

714,948,789

22.15%

30.01%

0.00%
0.00%
0.00%

30.01%

37.23%
3.28%
24.12%
5.37%
69.99%
100.00%

T407

1,352,106,703
530,570,839
169,007,388
95,588,357
$

2,147,273,287

0.00%
0.00%
0.00%

714,948,789

22.15%

2,147,273,287

1,300,000,000
121,310,699
842,383,628
249,412,658
2,513,106,985

40.27%
3.76%
26.10%
7.73%
77.85%

1,300,000,000
127,911,803
842,383,628
308,822,590
2,579,118,021

3,228,055,774

100.00%

4,726,391,308

ANLISIS
VERTICAL

-138.44%
23.06%
0.15%
76.73%
67.25%
9.48%
5.84%
-32.66%

ANLISIS
VERTICAL

2007

-6,543,282,112
1,089,786,960
6,905,960
3,626,642,102
3,178,530,684
448,111,418
276,238,398
-1,543,708,692

-138.44%
23.06%
0.15%
76.73%
67.25%
9.48%
5.84%
-32.66%

157.03%
-26.02%
1.65%
132.66%

7,422,000,000
-1,229,900,000
78,000,000
6,270,100,000

100.00%

4,726,391,308

28.61%
11.23%
0.00%
3.58%
2.02%
45.43%

1,352,106,703
530,570,839

0.00%
0.00%
0.00%

45.43%

27.51%
2.71%
17.82%
6.53%
54.57%
100.00%

ANLISIS
VERTICAL

-5,298,620,549
617,006,400
3,197,909,946
3,063,426,187
134,483,759
-1,483,704,203

-116.43%
13.56%
0.00%
70.27%
67.31%
2.95%
0.00%
-32.60%

157.03%
-26.02%
1.65%
132.66%

7,422,000,000
-1,458,700,000
71,500,000
6,034,800,000

163.08%
-32.05%
1.57%
132.60%

100.00%

4,551,095,797

100.00%

169,007,388
95,588,357

28.61%
11.23%
0.00%
3.58%
2.02%

2,147,273,287

45.43%

T108

1,409,383,947
98,654,979
690,723,731
25,330,915

30.97%
2.17%
15.18%
0.00%
0.56%

2,224,093,571

48.87%

800,000,000

0.00%
0.00%
0.00%

800,000,000

17.58%
0.00%
17.58%

2,147,273,287

45.43%

3,024,093,571

66.45%

1,300,000,000
127,911,803
842,383,628
308,822,590
2,579,118,021

27.51%
2.71%
17.82%
6.53%
54.57%

1,300,000,000
127,911,803
460,482,487
-361,392,065
1,527,002,226

28.56%
2.81%
10.12%
-7.94%
33.55%

4,726,391,308

100.00%

4,551,095,797

100.00%

GRUPO EMPRESARIAL EL CACIQU

BALANCE GENERAL
T208

ANLISIS
VERTICAL

-4,547,077,779
1,355,488,953
50,090,924
-9
50,090,933
-3,141,497,902

-118.19%

7,422,000,000
-1,687,500,000
65,000,000
5,799,500,000

2,658,002,098

T308

-171.07%
51.00%

ANLISIS
VERTICAL

-3,827,190,755
2,000,121,750
748,837,839
187,103,895
561,733,944
-1,078,231,166

-85.31%
44.59%
0.00%
16.69%
4.17%
12.52%
0.00%
-24.04%

279.23%
-63.49%
2.45%
218.19%

7,422,000,000
-1,916,300,000
58,500,000
5,564,200,000

165.45%
-42.72%
1.30%
124.04%

100.00%

4,485,968,834

100.00%

1.88%
0.00%
1.88%

74,106,548
42,071,414
552,578,985
-102,446,749
50,661,830

2.79%
1.58%
20.79%
-3.85%
1.91%

616,972,028

23.21%

722,025,790

683,459,472
276,289,492
172,664,217
75,992,745

0.00%
15.24%
6.16%
3.85%
1.69%

1,208,405,926

26.94%
13.38%

600,000,000
800,000,000
1,400,000,000

2,608,405,926

58.15%

28.98%
3.63%
10.26%
-1.02%
41.85%
100.00%

722,025,790

27.16%
0.00%
27.16%

1,338,997,818

50.38%

1,300,000,000
107,112,008
460,482,487
-548,590,215
1,319,004,280

48.91%
4.03%
17.32%
-20.64%
49.62%

1,300,000,000
162,967,871
460,482,487
-45,887,450
1,877,562,908

2,658,002,098

100.00%

4,485,968,834

31.21%

ESARIAL EL CACIQUE S.A.

LANCE GENERAL
T408

-4,084,963,802
2,091,082,140
5,000,000
1,884,792,973
1,288,285,179
596,507,794
200,000,000
95,911,310

ANLISIS
VERTICAL

-71.86%
36.78%
0.09%
33.15%
22.66%
10.49%
3.52%
1.69%

2008

-4,084,963,802
2,091,082,140
5,000,000
1,884,792,973
1,288,285,179
596,507,794
200,000,000
95,911,310

-71.86%
36.78%
0.09%
33.15%
22.66%
10.49%
3.52%
1.69%
0.00%
135.13%
-37.73%
0.91%
98.31%
100.00%

7,682,000,000
-2,145,100,000
52,000,000
5,588,900,000

135.13%
-37.73%
0.91%
98.31%

7,682,000,000
-2,145,100,000
52,000,000
5,588,900,000

5,684,811,310

100.00%

5,684,811,310

568,173,494
701,416,540
490,675,479
101,323,660

9.99%
12.34%
0.00%
8.63%
1.78%

1,861,589,173

32.75%

500,000,000
800,000,000
1,300,000,000

ANLISIS
VERTICAL

568,173,494
701,416,540
490,675,479
101,323,660
$

1,861,589,173

8.80%
14.07%
22.87%

500,000,000
800,000,000
1,300,000,000

9.99%
12.34%
0.00%
8.63%
1.78%
0.00%
32.75%
0.00%
0.00%
8.80%
14.07%
22.87%

3,161,589,173

55.61%

3,161,589,173

55.61%

1,300,000,000
227,533,794
460,482,487
535,205,856
2,523,222,137

22.87%
4.00%
8.10%
9.41%
44.39%

1,300,000,000
227,533,794
460,482,487
535,205,856
2,523,222,137

22.87%
4.00%
8.10%
9.41%
44.39%

5,684,811,310

100.00%

5,684,811,310

100.00%

T109

ANLISIS
VERTICAL

-3,620,664,374
1,987,111,612
1,165,669,941
756,320,527
409,349,414
-467,882,821

-74.30%
40.78%
0.00%
23.92%
15.52%
8.40%
0.00%
-9.60%

7,682,000,000
-2,386,900,000
45,500,000
5,340,600,000

0.00%
157.65%
-48.98%
0.93%
109.60%

4,872,717,179

100.00%

453,787,621
448,059,754
220,630,744
27,129,409
$

1,149,607,529

0.00%
9.31%
9.20%
4.53%
0.56%
0.00%
23.59%

400,000,000
800,000,000
1,200,000,000

T209

ANLISIS
VERTICAL

-1,766,754,333
2,345,899,372
1,411,530,212
874,483,496
537,046,716
1,990,675,251

7,682,000,000
-2,628,700,000
39,000,000
5,092,300,000

0.00%
124.09%
-42.46%
0.63%
82.26%

7,817,000,000
-2,873,875,000
32,500,000
4,975,625,000

6,190,583,129

100.00%

6,966,300,251

-2,832,197,005
2,453,576,322
1,476,903,812
902,901,293
574,002,519
1,098,283,129

-45.75%
39.63%
0.00%
23.86%
14.59%
9.27%
0.00%
17.74%

T309

721,733,644
358,447,804
620,723,559
54,258,818
$

1,755,163,824

0.00%
11.66%
5.79%
10.03%
0.88%
0.00%
28.35%

0.00%
8.21%
16.42%
24.63%

300,000,000
800,000,000
1,100,000,000

2,349,607,529

48.22%

1,300,000,000
272,328,521
547,628,589
403,152,541
2,523,109,651

26.68%
5.59%
11.24%
8.27%
51.78%

4,872,717,179

100.00%

637,064,899
179,223,902
987,842,078
81,388,227
$

1,885,519,105

0.00%
4.85%
12.92%
17.77%

200,000,000
800,000,000
1,000,000,000

2,855,163,824

46.12%

2,885,519,105

1,300,000,000
353,559,486
547,628,589
1,134,231,230
3,335,419,305

21.00%
5.71%
8.85%
18.32%
53.88%

1,300,000,000
428,095,670
547,628,589
1,805,056,887
4,080,781,146

6,190,583,129

100.00%

6,966,300,251

ANLISIS
VERTICAL

-25.36%
33.67%
0.00%
20.26%
12.55%
7.71%
0.00%
28.58%

T409

-1,065,244,120
2,762,301,463
1,657,524,338
1,014,070,235
643,454,103
3,354,581,681

-12.79%
33.18%
0.00%
19.91%
12.18%
7.73%
0.00%
40.29%
0.00%
97.01%
-37.62%
0.31%
59.71%
100.00%

0.00%
112.21%
-41.25%
0.47%
71.42%

8,077,000,000
-3,132,050,000
26,000,000
4,970,950,000

100.00%

8,325,531,681

0.00%
9.14%
2.57%
14.18%
1.17%
0.00%
27.07%

ANLISIS
VERTICAL

793,426,401
1,467,980,337
108,517,636
$

2,369,924,374

0.00%
9.53%
0.00%
17.63%
1.30%
0.00%
28.47%

0.00%
2.87%
11.48%
14.35%

100,000,000
800,000,000
900,000,000

41.42%

18.66%
6.15%
7.86%
25.91%
58.58%
100.00%

2009

ANLISIS
VERTICAL

-1,065,244,120
2,762,301,463
1,657,524,338
1,014,070,235
643,454,103
3,354,581,681

-12.79%
33.18%
0.00%
19.91%
12.18%
7.73%
0.00%
40.29%

8,077,000,000
-3,132,050,000
26,000,000
4,970,950,000

0.00%
97.01%
-37.62%
0.31%
59.71%

8,325,531,681

100.00%

793,426,401
1,467,980,337
108,517,636
$

2,369,924,374

0.00%
1.20%
9.61%
10.81%

100,000,000
800,000,000
900,000,000

0.00%
9.53%
0.00%
17.63%
1.30%
0.00%
28.47%
0.00%
0.00%
1.20%
9.61%
10.81%

3,269,924,374

39.28%

3,269,924,374

39.28%

1,300,000,000
525,578,286
547,628,589
2,682,400,432
5,055,607,307

15.61%
6.31%
6.58%
32.22%
60.72%

1,300,000,000
525,578,286
547,628,589
2,682,400,432
5,055,607,307

15.61%
6.31%
6.58%
32.22%
60.72%

8,325,531,681

100.00%

8,325,531,681

100.00%

T110

ANLISIS
VERTICAL

-1,175,220,508
2,550,651,578
1,570,369,466
974,619,375
595,750,091
2,945,800,536

-15.36%
33.33%
0.00%
20.52%
12.74%
7.79%
0.00%
38.50%

8,077,000,000
-3,390,225,000
19,500,000
4,706,275,000

0.00%
105.55%
-44.30%
0.25%
61.50%

7,652,075,536

100.00%

705,359,306
1,938,017,413
350,558,172
28,811,433
$

3,022,746,324

0.00%
9.22%
25.33%
4.58%
0.38%
0.00%
39.50%

800,000,000
800,000,000

T210

ANLISIS
VERTICAL

336,896,173
2,785,087,911
1,708,983,938
1,058,816,749
650,167,189
4,830,968,022

8,397,000,000
-3,659,650,000
13,000,000
4,750,350,000

0.00%
94.61%
-41.24%
0.15%
53.52%

8,397,000,000
-3,929,075,000
6,500,000
4,474,425,000

8,875,061,875

100.00%

9,305,393,022

-583,286,072
2,928,359,338
1,779,638,610
1,092,405,658
687,232,952
4,124,711,875

-6.57%
33.00%
0.00%
20.05%
12.31%
7.74%
0.00%
46.48%

T310

842,976,114
1,550,413,930
827,131,494
57,622,866
$

3,278,144,404

0.00%
0.00%
10.45%
10.45%

800,000,000
800,000,000

3,822,746,324

49.96%

1,300,000,000
596,752,218
1,292,011,608
640,565,385
3,829,329,212

16.99%
7.80%
16.88%
8.37%
50.04%

7,652,075,536

100.00%

0.00%
9.50%
17.47%
9.32%
0.65%
0.00%
36.94%

772,787,474
775,206,965
1,238,613,549
86,434,299
$

2,873,042,287

0.00%
0.00%
9.01%
9.01%

800,000,000
800,000,000

4,078,144,404

45.95%

3,673,042,287

1,300,000,000
693,511,044
1,292,011,608
1,511,394,819
4,796,917,471

14.65%
7.81%
14.56%
17.03%
54.05%

1,300,000,000
777,054,370
1,292,011,608
2,263,284,757
5,632,350,735

8,875,061,875

100.00%

9,305,393,022

ANLISIS
VERTICAL

3.62%
29.93%
0.00%
18.37%
11.38%
6.99%
0.00%
51.92%
0.00%
90.24%
-42.22%
0.07%
48.08%
100.00%

0.00%
8.30%
8.33%
13.31%
0.93%
0.00%
30.88%

T410

ANLISIS
VERTICAL

488,039,763
3,244,238,556
1,985,512,708
1,215,889,998
769,622,710
5,717,791,027

4.71%
31.34%
0.00%
19.18%
11.74%
7.43%
0.00%
55.23%

8,847,000,000
-4,211,500,000
4,635,500,000

0.00%
85.45%
-40.68%
0.00%
44.77%

$ 10,353,291,027

100.00%

947,438,356
1,773,095,625
115,245,732

0.00%
9.15%
0.00%
17.13%
1.11%

2,835,779,713

27.39%

0.00%
0.00%
8.60%
8.60%

800,000,000
800,000,000

39.47%

13.97%
8.35%
13.88%
24.32%
60.53%
100.00%

2010

ANLISIS
VERTICAL

488,039,763
3,244,238,556
1,985,512,708
1,215,889,998
769,622,710
5,717,791,027

4.71%
31.34%
0.00%
19.18%
11.74%
7.43%
0.00%
55.23%

8,847,000,000
-4,211,500,000
4,635,500,000

0.00%
85.45%
-40.68%
0.00%
44.77%

$ 10,353,291,027

100.00%

947,438,356
1,773,095,625
115,245,732

0.00%
9.15%
0.00%
17.13%
1.11%

2,835,779,713

27.39%

0.00%
0.00%
7.73%
7.73%

800,000,000
800,000,000

3,635,779,713

35.12%

3,635,779,713

35.12%

1,300,000,000
885,570,428
1,292,011,608
3,239,929,278
6,717,511,314

12.56%
8.55%
12.48%
31.29%
64.88%

1,300,000,000
885,570,428
1,292,011,608
3,239,929,278
6,717,511,314

12.56%
8.55%
12.48%
31.29%
64.88%

$ 10,353,291,027

100.00%

$ 10,353,291,027

0.00%
0.00%
7.73%
7.73%

100.00%

T111

ANLISIS
VERTICAL

468,744,738
3,030,596,038
1,863,176,401
1,158,032,908
705,143,493
5,362,517,177

4.83%
31.21%
0.00%
19.19%
11.93%
7.26%
0.00%
55.22%

8,847,000,000
-4,498,675,000
4,348,325,000

91.10%
-46.33%
0.00%
44.78%

9,710,842,177

100.00%

833,276,348
2,719,164,532
438,929,906
29,963,891

0.00%
8.58%
28.00%
4.52%
0.31%

4,021,334,677

41.41%

800,000,000
800,000,000

T211

ANLISIS
VERTICAL

5.71%
31.07%
0.00%
19.18%
11.80%
7.39%
0.00%

624,875,711
3,399,715,825
2,099,255,344
1,291,144,420
808,110,924
6,123,846,880

9,627,000,000
-4,808,600,000
4,818,400,000

87.98%
-43.95%
0.00%
44.03%

$ 10,942,246,880

100.00%

990,326,595
2,175,331,625
963,043,652
59,927,782

0.00%
9.05%
19.88%
8.80%
0.55%

4,188,629,654

38.28%

0.00%
8.24%
8.24%

800,000,000
800,000,000

4,821,334,677

49.65%

1,300,000,000
974,686,500
1,812,776,354
802,044,646
4,889,507,500

13.39%
10.04%
18.67%
8.26%
50.35%

9,710,842,177

100.00%

T311

557,336,019
3,338,875,078
2,085,282,141
1,291,062,136
794,220,005
5,981,493,238

9,627,000,000
-5,118,525,000
4,508,475,000

$ 10,489,968,238

950,285,822
1,087,665,813
1,440,046,789
89,891,673
$

3,567,890,096

0.00%
7.31%
7.31%

4,988,629,654

45.59%

3,567,890,096

1,300,000,000
1,081,097,473
1,812,776,354
1,759,743,399
5,953,617,227

11.88%
9.88%
16.57%
16.08%
54.41%

1,300,000,000
1,177,943,565
1,812,776,354
2,631,358,223
6,922,078,142

$ 10,942,246,880

100.00%

$ 10,489,968,238

ANLISIS
VERTICAL

5.31%
31.83%
0.00%
19.88%
12.31%
7.57%
0.00%
57.02%
91.77%
-48.79%
0.00%
42.98%
100.00%

-167,602,637
4,026,126,310
2,463,853,741
1,509,345,505
954,508,236
6,322,377,415

-1.41%
33.96%
0.00%
20.78%
12.73%
8.05%
0.00%
53.33%

10,987,000,000
-5,454,450,000
5,532,550,000

$ 11,854,927,415

0.00%
9.06%
10.37%
13.73%
0.86%
34.01%

0.00%
0.00%
0.00%

34.01%

12.39%
11.23%
17.28%
25.08%
65.99%
100.00%

ANLISIS
VERTICAL

T411

-167,602,637
4,026,126,310
2,463,853,741
1,509,345,505
954,508,236
6,322,377,415

-1.41%
33.96%
0.00%
20.78%
12.73%
8.05%
0.00%
53.33%

92.68%
-46.01%
0.00%
46.67%

10,987,000,000
-5,454,450,000
5,532,550,000

92.68%
-46.01%
0.00%
46.67%

100.00%

11,854,927,415

1,177,467,529
2,164,554,988
119,855,564

0.00%
9.93%
0.00%
18.26%
1.01%

3,461,878,081

29.20%

ANLISIS
VERTICAL

2011

100.00%

1,177,467,529
2,164,554,988
119,855,564

0.00%
9.93%
0.00%
18.26%
1.01%

3,461,878,081

29.20%

0.00%
0.00%
0.00%

3,461,878,081

29.20%

3,461,878,081

29.20%

1,300,000,000
1,325,040,684
1,812,776,354
3,955,232,295
8,393,049,333

10.97%
11.18%
15.29%
33.36%
70.80%

1,300,000,000
1,325,040,684
1,812,776,354
3,955,232,295
8,393,049,333

10.97%
11.18%
15.29%
33.36%
70.80%

100.00%

11,854,927,415

$ 11,854,927,415

0.00%
0.00%
0.00%

100.00%

GRUPO EMPRESARIAL EL CACIQUE S.A.

INDICADORES FINANCIEROS

INDICADOR

RAZN

2008

LIQUIDEZ
Capital Neto de Trabajo (KNW)
Razn Corriente
Prueba cida

AC - PsvC

-1,765,677,863

Activo Corriente
Pasivo Corriente
AC - Invent
Pasivo Corriente

$ 0.052
-96.09%

RENTABILIDAD
Margen Bruto (de Utilidad)
Margen Operacional (de Utilidad)
Margen Neto (de Utilidad)
Rendimiento del Patrimonio (ROA)
SISTEMA DUPONT

Utilidad Bruta
Ventas Netas

30.04%

Utilidad Operacional
Ventas Netas

9.79%

Utilidad Neta
Ventas Netas

5.15%

Utilidad Neta
Patrimonio
Utilidad Neta x Ventas
ventas
Activo T

41.27%
18.32%

ENDEUDAMIENTO
Nivel de Endeudamiento

Endeudamiento Financiero

Pasivo Total
Activo Total
Obigaciones Fras
Ventas

55.61%

5.28%

ROTACION
Rotacion de Cartera

Rotacion de Inventarios

Rotacion del Activo Corriente

Ventas Netas
CXC Clientes

9.67

Costo de Ventas
Inventarios

7.50

Ventas Netas
Activo Corriente

37

24
210.74
2

Rotacion del Activo Total

Ventas Netas
Activo Total

3.56
101

LEVERAGE TOTAL

Pasivo total
Patrimonio

125.30%

2009

984,657,307

2010

2,882,011,314

$ 1.415

$ 2.016

71.61%

132%

35.38%

32.32%

17.23%

14.78%

10.88%

9.54%

68.48%

54.46%

41.59%

35.33%

39.28%

35.12%

0.31%

0.00%

11.52

11.82

31

30

12.41

13.08

15

14

9.49

6.71

38

54

3.82

3.71

94

97

64.68%

54.12%

CONCEPTO

2006

2007I

T307

PRECIO VENTA
COSTO PCC. UNITARIO

14,000
11,638

14,050
11,649

15,500
11,742

PEQ* = (CF / (PV - CVu))

1,213,828

635,569

243,286

PE$* = (CF / (MC / PV))

16,993,586,929

8,929,741,594

3,766,274,720

MCu = (PV - Cvu)

MCT = (MCu * PEQ*)

2,362
2,867,428,226

2,401
1,526,010,539

3,758
914,338,831

T407

2007

T108

T208

16,200
11,897

14,780
11,736

16,000
13,260

15,500
16,303

258,850

1,167,676

342,233

-1,355,880

3,711,758,393

17,258,358,756

5,475,733,584

-21,016,142,537

4,303
1,113,855,807

3,044
3,554,205,178

2,740
937,793,895

-803
1,089,088,177

GRUPO EMREPSARIAL E
INDICADORES DE RIESGO
T308
16,500
11,483

T408
17,300
11,441

2008

T109
16,473
11,541

17,000
11,714

PUNTO EQUILI
294,022

286,928

1,050,935

287,950

4,851,359,796

4,963,850,840

17,311,775,865

4,895,156,446

MARGEN CONTRIB
5,017
1,475,109,180

5,859
1,681,066,699

4,932
5,183,057,952

5,286
1,522,082,051

RUPO EMREPSARIAL EL CACIQUE S.A.

ICADORES DE RIESGO Y SENSIBILIDAD
T209

T309

17,500
11,584

T409

2009

17,300
11,611

17,500
11,558

17,345
11,504

295,727

291,829

320,065

1,170,059

5,175,227,324

5,048,635,482

5,601,133,322

20,294,186,706

5,942
1,901,878,557

5,840
6,833,599,959

PUNTO EQUILIBRIO

MARGEN CONTRIBUCIN
5,916
1,749,396,388

5,689
1,660,242,964

T110

T210

T310

T410

17,300
11,959

17,800
11,960

17,500
11,980

17,700
11,936

339,099

343,305

347,293

374,814

5,866,420,839

6,110,831,250

6,077,628,164

6,634,216,218

5,341
1,811,042,411

5,840
2,004,843,459

5,520
1,917,211,800

5,764
2,160,549,724

2010

T111

T211

T311

17,586
11,936

17,800
12,298

18,000
12,314

17,700
12,322

1,396,996

375,936

401,440

412,827

24,568,095,408

6,691,666,741

7,225,914,181

7,307,041,095

5,650
7,893,647,395

5,502
2,068,456,347

5,686
2,282,599,455

5,378
2,220,190,292

T411

2011
18,200
12,276

17,940
12,276

427,873

1,607,894

7,787,287,658

28,845,079,173

5,924
2,534,727,443

5,663
9,105,973,537

GRUPO EMPRESARIAL EL CACIQUE S.A. - CAL

FLUJO DE CAJA
INGRESOS
EGRESOS
INVERSIN INICIAL
VALOR DE SALVAMENTO
FLUJO NETO DE CAJA

2006

2007
18,995,241,443
22,695,396,195

2,235,981,809
(2,235,981,809)

TIR
VPN

(3,700,154,752)

33%
$ 1,101,951,112

CALCULO DEL WACC AL 31 DE DICIEMBRE DE 200

FUENTE
CREDITO L.P.
PATRIMONIO
TOTAL

VLR DE LA FUENTE
2,579,118,021
2,579,118,021

% PONDERAC.
0%
100%
100%

GRUPO EMPRESARIAL EL
CONCEPTO
Vlr Nominal Accin
Utilidad a Distribuir
Capital de Trabajo
VALOR A DISTRIBUIR
No Acciones
Vlr Dividendo por Accin
Vlr Intrinseco de la Accin
VLR
VLR
VLR
VLR
Pago
Pago
Pago
Pago

A
A
A
A

DISTRIBUIR
DISTRIBUIR
DISTRIBUIR
DISTRIBUIR

Dividendo
Dividendo
Dividendo
Dividendo

Dividendos
Dividendos
Dividendos
Dividendos

por
por
por
por

POLTICA DIST.

Pagar
Pagar
Pagar
Pagar

COSTO ACCIONES
Dividendo

1,000
1,151,206,218
460,482,487
690,723,731
1,300,000
531.33
1,984
138,144,746
276,289,492
276,289,492

40%
60%

T109
T209
T309
T409

Trimestre
Trimestre
Trimestre
Trimestre

1
2
3
4

2007

0%
20%
40%
40%

106.00
213.00
213.00
690,723,731
552,578,985
276,289,492
-

T109
T209
T309
T409

2007

2008
531

345

Precio de la Accin
Tasa de Crecimiento Esperada
KS

1,984

1,941

4.3%
31.08%

4.3%
22.06%

TI

T II

2008
2009
2010

89,611,951
387,603,483
543,832,906

2007

138,144,746

PAGO DE DIVIDENDOS AO 2008

300,000,000

276,289,492

250,000,000
200,000,000
150,000,000
$

138,144,746

100,000,000
50,000,000
-

TI

T II
TRIMESTRES 2007

T III

Row 62

PAGO DE DIVIDENDOS
1,200,000,000

PAGO DE DIVIDENDOS
1,200,000,000
1,000,000,000
800,000,000
600,000,000
$
400,000,000
200,000,000
-

543,832,906

TI

T II
TRIMESTRES

Row 57

Row 58

Row 59

ACIQUE S.A. - CALCULO TIR Y VPN

2008
23,145,843,978
20,687,525,668

2,458,318,310

2009
31,363,409,906
28,343,690,224

2010
37,879,187,517
36,325,903,635

3,019,719,683

1,553,283,882

ICIEMBRE DE 2007
COSTO FUENTE
31.08%

WACC
0.00%
31.08%
31.08%

EMPRESARIAL EL CACIQUE S.A. - COSTO DEL PATRIMONIO

2008

55%
45%

1,000
995,688,343
547,628,589
448,059,754
1,300,000
345
1,941
89,611,951
179,223,902
179,223,902

1,000
3,230,029,021
1,292,011,608
1,938,017,413
1,300,000
1,491
3,889
387,603,483
775,206,965
775,206,965

69.00
138.00
138.00

298.00
596.00
596.00

448,059,754
358,447,804
179,223,902
-

1,938,017,413
1,550,413,930
775,206,965
-

20%
40%
40%

2009

2009

2010
1,491

2011
2,092

2,662

3,889

5,167

4.3%
42.63%

T III

T IV

448,059,754
1,938,017,413
2,719,164,532

276,289,492

276,289,492

690,723,731

276,289,492

4,746

T III

DIVIDENDOS

TOTAL
179,223,902
775,206,965
1,087,665,813

276,289,492

4.3%
45.53%

179,223,902
775,206,965
1,087,665,813

OS AO 2008

07

6,456

4.3%
44.78%

T IV

DIVIDENDOS

1,087,665,813
1,087,665,813
543,832,906

T II

TRIMESTRES

Row 58

Row 59

T III
T IV

2011
45,202,489,750
45,858,132,149
8,393,049,333
7,737,406,934

CALCULO DEL WACC AL 31 DE DICIEMBRE DE 2008

FUENTE
CREDITO L.P.
BONOS
PATRIMONIO
TOTAL

2010

VLR DE LA FUENTE
500,000,000
800,000,000
2,523,222,137
3,823,222,137

1,000
4,531,940,886
1,812,776,354
2,719,164,532
1,300,000
2,092
5,167
543,832,906
1,087,665,813
1,087,665,813

2011
###
5,768,008,649
2,307,203,460
3,460,805,190
1,300,000
2,662
6,456
692,161,038
1,384,322,076
1,384,322,076

418.00
837.00
837.00

532.00
1,065.00
1,065.00

2,719,164,532
2,175,331,625
1,087,665,813
-

3,460,805,190
2,768,644,152
1,384,322,076
-

% PONDERAC.
13%
21%
66%
100%

ICIEMBRE DE 2008
COSTO FUENTE
33.68%
28.65%
22.06%

WACC
4.40%
5.99%
14.56%
24.96%

MARGEN NETO DE UTILIDAD AO 2008

20.00%

18.43%

18.00%
15.81%

16.00%

19.40%

16.76%

14.00%

16.08%

18.49%

12.00%
10.00%

16.04%

17.90%

8.00%
6.00%
4.00%
2.00%
0.00%
EMPRESA 1
EMPRESA 2
EMPRESA 3
EMPRESA 4
EMPRESA 5

EMPRESAS

EMPRESA 6
EMPRESA 7
EL C AC IQUE S.A

Row 43

EMPRESA 7
EL C AC IQUE S.A

Row 43

17.90%

QUE S.A

QUE S.A

PARTICIPACION AO 2008

13.82%

14.00%
12.00%

11.36%
11.78%
11.60%

10.00%

11.70%

12.87%
12.91%

8.00%

13.96%

6.00%
4.00%
2.00%
0.00%
EMPRESA 1
EMPRESA 2
EMPRESA 3
EMPRESA 4
EMPRESA 5

EMPRESAS

EMPRESA 6
EMPRESA 7
EL CACIQUE S.A

Row 54

EMPRESAS

EMPRESA 7
EL CACIQUE S.A

Row 54

13.96%

UE S.A

UE S.A

TI
INDICE DE BOLSA
2,007
2,008

10,036.46

2,007
2,008
PARTICIPACION
2,007
2,008

5.34%

VA
2,008

TIV

EMPRESA 1
1,921.84

EMPRESA 2
2,580.61

MARGEN NETO DE UTILIDAD

TI
TII
TIII
TIV

EMPRESA 1
EMPRESA 2
2,008
18.30%
10.62%
15.83%
15.49%
UTILIDADES
8.60%
15.86%
18.43%
15.81%
III
IV
TI
EMPRESA 1
EMPRESA 2
2,007 TII
756,531,509
729,827,327
TIII
1,020,536,361
798,584,796
2,008 TIV
925,775,731
460,980,647
580,172,955
900,760,853
393,818,166
908,664,720
1,057,297,768
1,103,666,247
MARGEN NETO DE UTILIDAD
TIV
EMPRESA 1
18.43%

2,008
UTILIDADES
TIV

EMPRESA 2
15.81%

EMPRESA 1
EMPRESA 2
1,057,297,768
1,103,666,247

PARTICIPACION
EMPRESA 1
11.36%

EMPRESA 2
13.82%

TII
TIII
INDICE DE BOLSA
10,055

TIV
10,050
10,234.45

10,020
10,241.00

15.15%
14.44%

8.40%
13.96%

PARTICIPACION
10.86%

EMPRESA 3
1,889.42

VALOR DE LA ACCION MDO

EMPRESA 4
EMPRESA 5
2,077.20
2,130.28

EMPRESA 6
2,473.30

EMPRESA 3
19.30%
20.02%
19.07%
16.76%

EMPRESA 4
18.17%
17.58%
18.00%
16.08%

EMPRESA 6
15.45%
19.77%
19.32%
18.49%

EMPRESA 5
18.00%
18.07%
18.45%
19.40%

EMPRESA 3
EMPRESA 4
EMPRESA 5
EMPRESA 6
27,327,303
789,278,106
423,113,912
726,545,714
327,745,047
934,408,830
789,439,410
1,085,500,061
979,856,953
892,343,426
905,407,875
1,005,987,892
1,103,361,861
934,218,825
1,004,332,111
1,457,436,052
1,028,446,927
1,045,277,118
1,123,998,507
1,418,448,662
951,157,615
914,987,796
1,146,541,137
1,236,291,517

EMPRESA 3
16.76%

EMPRESA 4
16.08%

EMPRESA 5
19.40%

EMPRESA 6
18.49%

EMPRESA 3
EMPRESA 4
EMPRESA 5
EMPRESA 6
951,157,615
914,987,796
1,146,541,137
1,236,291,517

EMPRESA 3
11.78%

EMPRESA 4
11.60%

EMPRESA 5
11.70%

EMPRESA 6
12.87%

EMPRESA 7
2,041.29

EMPRESA 8
1,918.07

EMPRESA 7
14.14%
17.90%
14.07%
16.04%

EMPRESA 8
-3.24%
7.70%
16.88%
17.90%

EMPRESA 7
EMPRESA 8
380,944,020
1,144,739,526
767,591,172
564,190,819
879,505,908
-66,589,955
1,161,635,556
347,767,375
657,571,427
1,125,266,526
1,016,249,539
1,247,601,008

EMPRESA 7
16.04%

EL CACIQUE S.A
17.90%

EMPRESA 7
EL CACIQUE S.A
1,016,249,539
1,247,601,008

EMPRESA 7
12.91%

EL CACIQUE S.A
13.96%

CUENTAS
Capital Social
Reserva Legal
Utilidad retenida
Utilidad del ejercicio
TOTALES

SALDO INICIAL

1,360,000,000
855,788,666
2,215,788,666

AUMENTOS

DISMINUCIONES

452,790,406
452,790,406

SALDO FINAL
#VALUE!
#VALUE!
1,360,000,000
1,308,579,072
2,668,579,072

2007
ACTIVO
ACTIVO CORRIENTE
11 DISPONIBLE
13 DEUDORES
DEUDORES RENDIMIENTOS FROS
14 INVENTARIOS
INVERSIONES TEMPORALES (CDT)
TOTAL ACTIVO CORRIENTE

-6,543,282,112
1,089,786,960
6,905,960
3,626,642,102
276,238,398
-1,543,708,692

ACTIVO NO CORRIENTE
15 PROPIEDADES, PLANTA Y EQ.
15 DEPRECIACIN ACUMULADA
17 DIFERIDOS
TOTAL ACTIVO NO CORRIENTE

7,422,000,000
1,229,900,000
78,000,000
6,270,100,000

TOTAL ACTIVO

4,726,391,308

2 PASIVO
PASIVO CORRIENTE
21 OBLIGACIONES FINANCIERAS
22 PROVEEDORES
DIVIDENDOS POR PAGAR
24 IMPTOS GRAVAMENES Y TASAS
25 OBLIGACIONES LABORALES (Directas)
TOTAL PASIVO CORRIENTE

1,352,106,703
530,570,839
169,007,388
95,588,357
$

2,147,273,287

PASIVO NO CORRIENTE
21 OBLIGACIONES FINANCIERAS
29 BONOS EN CIRCULACION
TOTAL PASIVO NO CORRIENTE

TOTAL PASIVO

2,147,273,287

31 CAPITAL SOCIAL
33 RESERVAS
UTILIDAD RETENIDA
37 RESULTADOS DEL EJERCICIO
TOTAL PATRIMONIO

1,300,000,000
127,911,803
842,383,628
308,822,590
2,579,118,021

TOTAL PASIVO Y PATRIMONIO

4,726,391,308

3 PATRIMONIO

FUENTES

Utilidad Neta
Mas
Depreciacin
Diferidos
Provicin Impuesto

$ 915,200,000
$ 26,000,000
$ 512,897,709

TOTAL GENERACIN DE RECURSOS

Mas: Otras Fuentes
Recuperacin Deudores
Dsiminucin de Inventarios
Disminucin de Inversiones
Incremento de Proveedores
Incremento Obligaciones Laborales
Incremento de las Obligaciones Fras LP
Incremento de los Bonos

$ 1,905,960
$ 1,741,849,130
$ 76,238,398
$ 170,845,701
$ 5,735,303
$ 500,000,000
$ 800,000,000

TOTAL FUENTE DE FONDOS

USOS

Aumento de Deudores
Incremento de Prop. Planta y Equipo
Disminucin de Obligaciones Fras CP
Impuestos
Dividendos Pagados
Resultado del Ejercicio

1,001,295,180
260,000,000
783,933,209
169,007,388
690,723,731
-226,383,266

TOTAL FUENTE DE FONDOS

DIFERENCIA

CUENTAS

Capital Social
Reserva Legal
Utilidad retenida
Utilidad del ejercicio
TOTALES

SALDO INICIAL

1,300,000,000
127,911,803
842,383,628
308,822,590
###

ANALISIS HORIZONTAL
2008

ANLISIS VERTICAL

ABSOLUTO

-71.86%
36.78%

-4,084,963,802
2,091,082,140
5,000,000
1,884,792,973
200,000,000
95,911,310

7,682,000,000
2,145,100,000
52,000,000
5,588,900,000

135.13%
37.73%
0.91%
98.31%

5,684,811,310

100.00%

568,173,494
701,416,540
490,675,479
101,323,660

33.15%
1.69%

12.34%
8.63%
1.78%

2,458,318,310
1,001,295,180
-1,905,960
-1,741,849,130
-76,238,398
1,639,620,002
#VALUE!
260,000,000
915,200,000
-26,000,000
-681,200,000
958,420,002
-783,933,209
170,845,701

321,668,091
5,735,303
-285,684,114

$
$
$

500,000,000
800,000,000
1,300,000,000
1,014,315,886

22.87%
4.00%
8.10%
9.41%
44.39%

99,621,991
-381,901,141
226,383,266
-55,895,884

100.00%

958,420,002

1,861,589,173

32.75%

8.80%

500,000,000
800,000,000
1,300,000,000

22.87%

3,161,589,173

55.61%

1,300,000,000
227,533,794
460,482,487
535,205,856
2,523,222,137

5,684,811,310

$ 937,203,996

$ 2,391,301,705

$ 5,687,876,197

2,904,959,508
$ 2,782,916,689

AUMENTOS

DISMINUCIONES

SALDO FINAL

99,621,991

99,621,991.00

381,901,141
-226,383,266
$ 155,517,874.77

1,300,000,000
227,533,794
460,482,487
535,205,856
2,523,222,137.31

NALISIS HORIZONTAL
PORCENTUAL

CLASIFICACIN

USO
FUENTE
FUENTE
FUENTE

USO
FUENTE
FUENTE

-37.57%
91.88%
-27.60%
-48.03%
-27.60%
-106.21%

3.50%
74.41%
-33.33%
-10.86%
20.28%

USOS
USO
FUENTE

-57.98%
32.20%

USO
FUENTE

190.33%
6.00%
-13.30%

FUENTE
FUENTE

47.24%

FUENTE
USO
USO

0.00%
77.88%
-45.34%
73.31%
-2.17%
20.28%

2,861,149,385
35,018,961

FTES
2,826,130,423