unidades

Inversin inicial
Cantidad a invertir

210,000.00

Rendimiento bruto anual esperado

45,000.00

Aos esperados de rendimiento

10

Tasa variacin rendimientos

5.0%

Tipo impositivo

30.0%

Tasa actualizacin

7.0%

Tasa crecimiento perpetuo

0.0%

Tasa reinversin beneficios

70.0%

* tasa estimada independientemente del modo de financiacin

Inversiones adicionales y rendimientos anuales obtenidos

Inicial
Ao 1
Ao 2
Ao 3
Activo no corriente
0.00
0.00
0.00
Activo corriente
0.00
0.00
0.00
Rendimientos brutos anuales obtenidos
45,000.00
47,250.00
49,612.50
Rendimientos netos anuales obtenidos
31,500.00
33,075.00
34,728.75
Flujos de caja inversin

-210,000.00

VAN Inversin
TIR Inversin
Escenario optimista
Desviacin optimista rendimientos anuales
Flujos de caja inversin
-210,000.00
VAN Inversin
TIR Inversin

31,500.00

34,728.75

41,343.75

43,410.94

24,806.25

26,046.56

60,825.30
12.43%

25%
39,375.00
128,531.62
17.83%

Escenario pesimista
Desviacin optimista rendimientos anuales
Flujos de caja inversin
-210,000.00

-25%
23,625.00

VAN Inversin

-6,881.03

TIR Inversin

33,075.00

6.34%

Leyenda

En blanco, celdas modificables

En amarillo, celdas con frmula propuesta pero se puede modificar el valor
En verde, celdas con valores no modificables

a estimada independientemente del modo de financiacin de la inversin

Ao 4

Ao 5

Ao 6

Ao 7

Ao 8

Ao 9

Ao 10

0.00
0.00
52,093.13
36,465.19

0.00
0.00
54,697.78
38,288.45

0.00
0.00
57,432.67
40,202.87

0.00
0.00
60,304.30
42,213.01

0.00
0.00
63,319.52
44,323.66

0.00
0.00
66,485.49
46,539.85

0.00
0.00
69,809.77
48,866.84

0.00
0.00
0
0.00

36,465.19

38,288.45

40,202.87

42,213.01

44,323.66

46,539.85

48,866.84

0.00

45,581.48

47,860.56

50,253.59

52,766.27

55,404.58

58,174.81

61,083.55

0.00

27,348.89

28,716.34

30,152.15

31,659.76

33,242.75

34,904.88

36,650.13

0.00

0.00
0.00
0
0.00

0.00
0.00
0
0.00

0.00
0.00
0
0.00

0.00
0.00
0
0.00

0.00
0.00
0
0.00

0.00
0.00
0
0.00

0.00
0.00
0
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
0.00
0
0.00

0.00
0.00 Valor residual
0
0.00

0.00

0.00

0.00

0.00

0.00

0.00

unidades
miles
millones

Financiacin inversion inicial

Capital propio

130,000.00

Capital ajeno

80,000.00

Rentabilidad esperada accionistas

7.00%

Tipo de inters

9.00%

Aos prstamo

10

Capital pendiente
Inicial
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
Ao 10

Financiacin adicional
Capital propio
Prstamo
Acreedores
Reinversin beneficios

Devolucin prstamo inicial

Intereses
Amortizacin
Cuota
80,000.00
74,734.39
7,200.00
5,265.61
68,994.88
6,726.10
5,739.51
62,738.81
6,209.54
6,256.07
55,919.70
5,646.49
6,819.11
48,486.86
5,032.77
7,432.83
40,385.08
4,363.82
8,101.79
31,554.12
3,634.66
8,830.95
21,928.39
2,839.87
9,625.74
11,436.34
1,973.56
10,492.05
0.00
1,029.27
11,436.34
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
12,465.61
0
0
0
0
0
0
0
0
0
0

Ao 1
0.00
0.00
0.00
22,050.00

Ao 2
0.00
0.00
0.00
23,152.50

Ao 3

Ao 4
0.00
0.00
0.00
24,310.13

Ao 5
0.00
0.00
0.00
25,525.63

0.00
8,000.00
0.00
26,801.91

Ao 6
0.00
0.00
0.00
28,142.01

Devolucin financiacin adicion

Importe prstamo inicial
Aos
Pagos anuales
Tipo nominal

80,000.00
10
12
9.00%

Cuota

12,465.61

Importe prstamo adicional

Ao concesin
Aos devolucin
Tipo nominal

8,000.00
5
5
8.00%

Cuota

2,003.65

Inicial
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
Ao 10

Ao 7

Ao 8
0.00
0.00
0.00
29,549.11

0.00
0.00
0.00
31,026.56

Ao 9

Ao 10
0.00
0.00
0.00
32,577.89

0.00
0.00
0.00
34,206.79

Devolucin financiacin adicional

Capital pendiente
Intereses
Amortizacin
Cuota
0
0
0.00
0.00
FALSE
0
0.00
0.00
FALSE
0
0.00
0.00
FALSE
0
0.00
0.00
FALSE
8000.00
0.00
0.00
FALSE
6636.35
640.00
1363.65
2003.65
5163.60
530.91
1472.74
2003.65
3573.04
413.09
1590.56
2003.65
1855.23
285.84
1717.81
2003.65
0.00
148.42
1855.23
2003.65
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0
0.00
0
0
0

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
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

Inicial
Entradas dinero
Salidas dinero

VAN proyecto

Ao 2

Ao 3

210,000.00
210,000.00

31,500.00
21,915.61

33,075.00
22,388.11

34,728.75
22,884.23

0.00

9,584.39

20,271.29

32,115.80

-210,000.00
-210,000.00

31,500.00
24,300.00

33,075.00
26,348.90

34,728.75
28,519.21

Evolucin liquidez
Flujos de caja inversin
Flujos de caja proyecto

Ao 1

28,900.63
WACC proyecto

6.86%

TIR proyecto

9.28%

WACC anual

6.73%

6.76%

6.79%

6.82%

Escenario optimista
Flujos de caja proyecto
VAN proyecto
TIR proyecto

-210,000.00
97,517.70
14.81%

32,175.00

34,617.65

37,201.40

Escenario pesimista
Flujos de caja proyecto
VAN proyecto
TIR proyecto

-210,000.00
-39,716.44
2.95%

16,425.00

18,080.15

19,837.02

Ao 1

Ao 2

Ao 3

EVA

17,360.00

19,266.73

21,282.07

BAIDI
Coste Capital

31,500.00
14,140.00

33,075.00
13,808.27

34,728.75
13,446.68

Ao 0
Payback proyecto

-210,000.00

Ao 1
-185,700.00

Ao 2

Ao 3
-159,351.10

-130,831.88

Ao 4

Ao 5

Ao 6

Ao 7

Ao 8

Ao 9

Ao 10

36,465.19
23,405.16

46,288.45
23,952.14

40,202.87
26,530.12

42,213.01
27,133.16

44,323.66
27,766.36

46,539.85
28,431.21

48,866.84
29,129.31

45,175.83

67,512.13

81,184.88

96,264.73

112,822.04

130,930.67

150,668.20

36,465.19
30,818.69

38,288.45
33,255.67

40,202.87
35,199.05

42,213.01
38,047.45

44,323.66
41,070.70

46,539.85
44,280.45

48,866.84
47,689.15

6.85%

6.87%

6.87%

6.89%

6.92%

6.95%

6.97%

39,934.99

42,827.79

45,249.77

48,600.70

52,151.62

55,915.41

59,905.86

21,702.40

23,683.56

25,148.33

27,494.19

29,989.79

32,645.49

35,472.44

Ao 4

Ao 5

Ao 6

Ao 7

Ao 8

Ao 9

Ao 10

23,412.64

25,665.51

27,600.20

30,197.12

32,946.59

35,858.27

38,942.46

36,465.19
13,052.55

38,288.45
12,622.94

40,202.87
12,602.67

42,213.01
12,015.90

44,323.66
11,377.07

46,539.85
10,681.58

48,866.84
9,924.38

Ao 4
-100,013.19

Ao 5
-66,757.52

Ao 6
-31,558.46

Ao 7

Ao 8
6,488.98

47,559.69

Ao 9
91,840.13

Ao 10
139,529.28

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
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
0

0
0

0
0

0
0

0
0

0
0

0
0

Valor residual
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

0.00

0.00

0.00 0

0
0

0
0

0
0

0.00 0
0.00 0

Evolucin liquidez
Evolucin liquidez
160,000.00
140,000.00
120,000.00

100,000.00
80,000.00

Evolucin
liquidez

60,000.00
40,000.00
20,000.00
Inicial
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
Ao 10

0.00

Recuperacin inversin
Payback proyecto
200,000.00
150,000.00
100,000.00
50,000.00
0.00
-50,000.00
-100,000.00
-150,000.00
-200,000.00
-250,000.00
Ao 0
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
Ao 10

Payback proyecto

45,000.00
40,000.00
35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00

Creacin de valor
EVA
45,000.00
40,000.00
35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00
5,000.00
0.00
Ao 1
Ao 2
Ao 3
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
Ao 10

EVA