Estudo de viabilidade (Em 16/01/2012)

Conforme Deciso Normativa N 01/2011 - TCDF

Contratao de Motoniveladora 145 HP
INFORMAES REQUERIDAS - (1/4)
Jurisdicionada : Secretaria de Estado de Governo do Distrito Federal
Bem a ser adquirido ou locado : Equipamento com vida til de 120 meses
Taxa de depreciao :
10% ao ano
Aliquota IR :
Aliquota CSSL :
Etapa do
Roteiro
Resumido

Ms no fluxo de caixa

Valor Original
(R$)

60 meses

13, 25, 37 e 49

0.95%
12.14%

taxa mensal
ndice acumulado 12 meses

1
25 a 36

700,000.00
24 meses
-

12000 * (1 + 12,14%) ^ 2

Custos mensais de manuteno (

terceirizada )

No se aplica
15,090.46

37 a 48

12,000.00

16,922.44

12000 * (1 + 12,14%) ^ 3

4.e

Benefcio Fiscal (depreciao) (EP

e SEM)

4.f

Valor de revenda

49 a 60
12
24
36
48
60
60

18,976.82
744,821.23

12000 * (1 + 12,14%) ^ 4
420000 * (1 + 12,14%) ^ 5

No se aplica
11,748.91
13,175.23
14,774.70
16,568.35
-

No h reajuste no 1 ano
10477 * (1 + 12,14%) ^ 1
10477 * (1 + 12,14%) ^ 2
10477 * (1 + 12,14%) ^ 3
10477 * (1 + 12,14%) ^ 4
-

3.a
3.b
3.c

4.a
4.b
4.c
4.d

Item

Parmetros Comuns
Tempo de durao dos fluxos de
caixa (aquisio e locao)
Taxa de juros de desconto
ndice de reajuste monetrio
Parmetros da Aquisio
Valor de Aquisio
Garantia normal
Custos iniciais
Custos mensais

420,000.00

Valor corrigido
monetariamente (item 3.c)

Clculo reajuste monetrio (item 3.c)

Fonte: Taxa Selic - Bacen (Junho/2008) - fl. 28

Fonte: IGP-DI - Bacen (Maio/2008) - fl. 27

Parmetros da Locao

5.a

Valor de Locao

5.b
5.c

Custos iniciais
Custos mensais

5.d

Benefcio Fiscal (despesa)

e SEM)

(EP

1 a 12
13 a 24
25 a 36
37 a 48
49 a 60
1 a 12
13 a 24
25 a 36
37 a 48
49 a 60

10,477.00

Estudo de viabilidade (Em 16/01/2012)

Conforme Deciso Normativa N 01/2011 - TCDF
Contratao de Motoniveladora 145 HP
FLUXO DE CAIXA DA AQUISIO (2/4)

Ms

0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Valor da
aquisio
(Obrigatrio)
4.a

Custos
Iniciais
(Opcional)
4.b

Custos
mensais
(Opcional)
4.c

Custos
mensais de
manuteno
(Opcional)
4.d

Benefcio
Fiscal
(opcional)
4.e

Valor de
Revenda
(obrigatorio)
4.f

Fluxo
Consolidado (4.a
+ 4.b + 4.c + 4.d +
4.e + 4.f)

Fluxo
Descontado no
instante zero (0)
(VPL)

744,821.23

0.00
(700,000.00)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
725,844.41

0.00
(693,412.58)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(11,913.63)
(11,801.52)
(11,690.46)
(11,580.45)
(11,471.47)
(11,363.51)
(11,256.58)
(11,150.65)
(11,045.71)
(10,941.76)
(10,838.80)
(10,736.80)
(11,926.94)
(11,814.70)
(11,703.51)
(11,593.38)
(11,484.28)
(11,376.20)
(11,269.15)
(11,163.10)
(11,058.05)
(10,953.98)
(10,850.90)
(10,748.79)
(11,940.26)
(11,827.89)
(11,716.58)
(11,606.32)
(11,497.10)
(11,388.91)
(11,281.73)
(11,175.56)
(11,070.39)
(10,966.21)
(10,863.02)
411,589.36

VPL (0) =

(678,891.48)

(700,000.00)

(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(15,090.46)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(16,922.44)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)
(18,976.82)

Valor Presente Lquido do Fluxo de Caixa da Aquisio (R$) =

(678,891.48)

Estudo de viabilidade (Em 16/01/2012)

Conforme Deciso Normativa N 01/2011 - TCDF
Contratao de Motoniveladora 145 HP
FLUXO DE CAIXA DA LOCAO (3/4)

Ms
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Valor da
LOCAO
(Obrigatrio)
5.a
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)

Custos
Iniciais
(Opcional)
5.b

Custos
mensais
(Opcional)
5.c

Benefcio
Fiscal
(opcional)
5.d

Fluxo Consolidado
(5.a + 5.b +5.c + 5.d)

Fluxo
Descontado no
instante zero (0)

0.00
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(10,477.00)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(11,748.91)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(13,175.23)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(14,774.70)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)
(16,568.35)

0.00
(10,378.41)
(10,280.74)
(10,183.99)
(10,088.15)
(9,993.22)
(9,899.18)
(9,806.02)
(9,713.74)
(9,622.33)
(9,531.77)
(9,442.07)
(9,353.22)
(10,389.99)
(10,292.22)
(10,195.36)
(10,099.42)
(10,004.38)
(9,910.23)
(9,816.97)
(9,724.58)
(9,633.07)
(9,542.42)
(9,452.62)
(9,363.66)
(10,401.60)
(10,303.71)
(10,206.75)
(10,110.69)
(10,015.55)
(9,921.29)
(9,827.93)
(9,735.44)
(9,643.83)
(9,553.07)
(9,463.17)
(9,374.12)
(10,413.21)
(10,315.22)
(10,218.14)
(10,121.98)
(10,026.73)
(9,932.37)
(9,838.90)
(9,746.31)
(9,654.59)
(9,563.74)
(9,473.74)
(9,384.59)
(10,424.84)
(10,326.73)
(10,229.55)
(10,133.29)
(10,037.93)
(9,943.46)
(9,849.89)
(9,757.20)
(9,665.38)
(9,574.42)
(9,484.32)
(9,395.06)

VPL (0) =

(592,786.48)

Valor Presente Lquido do Fluxo de Caixa da Locao (R$) =

(592,786.48)

Estudo de viabilidade (Em 16/01/2012)

Conforme Deciso Normativa N 01/2011 - TCDF
Contratao de Motoniveladora 145 HP
COMPARAO
(4/4)

Valor Presente Lquido do Fluxo de Caixa da Aquisio (R$) =

(678,891.48)

Valor Presente Lquido do Fluxo de Caixa da Locao

(592,786.48)

Diferena Nominal entre os VPLs (R$)

Diferena Percentual entre os VPLs (R$)
Opo mais vantajosa para a Administrao

(R$) =

(86,105.00)
14.53%
LOCAO