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Профессиональный Документы
Культура Документы
Capital
Socios acuerdan reinversin de utilidades durante los primeros 5 aos
Reserva Legal
$ 8,000,000
Inversin Inicial
Maquinaria Y CIF
Productos
harina kg 1ao 2009
harina kg 2ao 2010
harina kg 3 ao 2011
harina kg 4 ao 2012
harina kg 5 ao 2013
Plantulas ao 1
38,251,260
Precio venta ($) Cantidad (kg) anual
2,000
150,000
4,000
157,500
6,000
165,375
8,000
173,644
10,000
182,326
60,000
1 mes
Inventarios
CIF
Locales en arrendamiento
Incremento ventas
Margen Bruto
179,100,000
30%
33%
Proveedores
Plazo
1 mes
Gastos de administracin
$ 12,000,000
$ 10,000,000
lnea recta
$ 9,000,000
Arrendamientos
Gastos generales administracin
Depreciacin muebles
Propaganda y otros gastos
20% anual
Crecimiento gastos
Planta de personal
salario
gerente
secretaria
vendedores
produccion
Prestaciones sociales
Cesantas
1 $
2,000,000
2 $
750,000
10 $
496,000
15 $
800,000
50% sobre sueldo bsico anual
1 sueldo mensual al ao
Incremento
20% anual
CRDITOS
Crditos para activos fijos
Valor
Plazo
Gracia
Amortizacin
Tasa
Crditos corto plazo
sobre promedio
INVERSIONES TEMPORALES
Rendimientos
20,000,000
5 aos
1 ao
trimestral
32% TV
4,000,000
20% anual
30% %
4% % sobre patrimonio inicial
d ejercicio anterior
anual
300,000,000
630,000,000
992,250,000
1,389,152,000
1,823,260,000
2,000,000
1,500,000
4,960,000
12,000,000
o bsico anual
sual al ao
rimonio inicial
PATRIMONIO
Capital
Utilidades
Reserva legal (10%)
AO 0
8,000,000
AO 1
6,687,416
0
VENTAS
AO 2
72,816,152
668,742
AO 1
Productos
harina ao 1,2,3,4,5
Ventas ao
1kg
(unidades)
150,000
Precio por
producto
estimado
ao 1($)
$ 2,000
TOTAL
AO 1
Productos Factores
AO 2
146,209,319
7,281,615
AO 2
AO 4
1,389,152,000
14,620,932
AO 3
COMPRAS
AO 3
AO 3
630,000,000
$ 630,000,000
AO 4
992,250,000
$ 992,250,000
harina
(unidades)
harina
(unidades)
harina
(unidades)
harina
(unidades)
12,500
16,250
21,125
27,463
35,701
150,000
195,000
253,500
329,550
428,415
= Unidades requeridas
162,500
211,250
274,625
357,013
464,116
150
195
390
310
162,500
211,100
274,430
356,623
463,806
AO 3
AO 4
AO 5
AO 1
33%
300,000,000
99,000,000
201,000,000
0
16,750,000
217,750,000
18,145,833
199,604,167
AO 2
33%
630,000,000
207,900,000
422,100,000
16,750,000
35,175,000
440,525,000
36,710,417
403,814,583
33%
992,250,000
327,442,500
664,807,500
35,175,000
55,400,625
685,033,125
57,086,094
627,947,031
258,233,767
138,915,200
AO 4
33%
1,389,152,000
458,420,160
930,731,840
55,400,625
77,560,987
952,892,202
79,407,683
873,484,518
1,389,152,000
AO 0
20,000,000
AO 1
2,000,000
AO 2
2,000,000
AO 3
33%
1,823,260,000
601,675,800
1,221,584,200
77,560,987
101,798,683
1,245,821,897
103,818,491
1,142,003,405
2,000,000
AO 4
2,000,000
1,823,260,000
$ 1,389,152,000 $ 1,823,260,000
DEPRECIACIN
MUEBLES Y ENSERES
Valor inicial
Depreciacin anual
AO 5
AO 5
harina
(unidades)
Consultados
AO 5
AO 5
2,000,000
AO 1
12,000,000
10,000,000
2,000,000
9,424,000
9,000,000
38,250,000
80,674,000
AO 2
14,400,000
12,000,000
2,000,000
11,308,800
10,800,000
45,900,000
96,408,800
PERSONAL
PERSONAL ADMINISTRATIVO
Gerente
Secretaria
Total personal
PERSONAL ADMINISTRATIVO
Gerente
Secretaria
Total personal
PERSONAL ADMINISTRATIVO
Gerente
Secretaria
Total personal
PERSONAL ADMINISTRATIVO
Gerente
Secretaria
Total personal
PERSONAL ADMINISTRATIVO
Gerente
Secretaria
Total personal
#
1
1
2
#
1
1
2
#
1
1
2
#
1
1
2
#
1
1
2
salario mes
2,000,000
750,000
salario mes
2,400,000
900,000
salario mes
2,880,000
1,080,000
salario mes
3,456,000
1,296,000
salario mes
4,147,200
1,555,200
salario ao
24,000,000
9,000,000
salario ao
28,800,000
10,800,000
salario ao
34,560,000
12,960,000
salario ao
41,472,000
15,552,000
salario ao
49,766,400
37,324,800
AO 3
17,280,000
14,400,000
2,000,000
13,570,560
12,960,000
55,080,000
115,290,560
AO 1
prestaciones
sociales
4,500,000
AO 2
prestaciones
sociales
5,400,000
AO 3
prestaciones
sociales
6,480,000
AO 4
prestaciones
sociales
7,776,000
AO 5
prestaciones
sociales
18,662,400
AO 4
20,736,000
17,280,000
2,000,000
48,854,016
15,552,000
66,096,000
170,518,016
cesantas
750,000
cesantas
900,000
cesantas
1,080,000
cesantas
1,296,000
cesantas
3,110,400
AO 5
24,883,200
20,736,000
2,000,000
58,624,819
18,662,400
108,864,000
233,770,419
total ao
24,000,000
14,250,000
$ 38,250,000
total ao
28,800,000
17,100,000
$ 45,900,000
total ao
34,560,000
20,520,000
$ 55,080,000
total ao
41,472,000
24,624,000
$ 66,096,000
total ao
49,766,400
59,097,600
$ 108,864,000
PERSONAL VENTAS
Vendedores
Produccion
Total personal
PERSONAL VENTAS
Vendedores
Produccion
Total personal
PERSONAL VENTAS
Vendedores
Produccion
Total personal
PERSONAL VENTAS
Vendedores
Produccion
Total personal
PERSONAL VENTAS
Vendedores
Produccion
Total personal
#
1
3
4
#
1
3
4
#
1
3
4
#
3
3
6
#
3
3
6
salario mes
496,000
800,000
salario mes
595,200
960,000
salario mes
714,240
1,152,000
salario mes
857,088
1,382,400
salario mes
1,028,506
1,658,880
salario ao
5,952,000
28,800,000
AO 1
prestaciones
sociales
2,976,000
14,400,000
cesantas
496,000
2,400,000
AO 2
prestaciones
sociales
3,571,200
17,280,000
cesantas
cesantas
8,570,880
41,472,000
AO 3
prestaciones
sociales
4,285,440
20,736,000
salario ao
7,142,400
34,560,000
salario ao
595,200
2,880,000
PERIODO
1
25,000,000
3
1
trimestral
32%
CAPITAL
total ao
11,308,800
54,720,000
$ 11,308,800
total ao
13,570,560
65,664,000
$ 13,570,560
salario ao
30,855,168
66,355,200
AO 4
prestaciones
sociales
15,427,584
33,177,600
cesantas
2,571,264
5,529,600
total ao
48,854,016
105,062,400
$ 48,854,016
salario ao
37,026,202
79,626,240
AO 5
prestaciones
sociales
18,513,101
39,813,120
cesantas
3,085,517
6,635,520
total ao
58,624,819
126,074,880
$ 58,624,819
aos
ao
TV
INTERESES
2,000,000
9,424,000
45,600,000
$ 9,424,000
714,240
3,456,000
total ao
TOTAL
2,000,000
SALDO
25,000,000
2
3
4
5
6
7
8
9
10
11
12
2,350,369
2,538,399
2,741,470
2,960,788
3,197,651
3,453,463
3,729,740
4,028,119
AO 1
Abono a Capital
Intereses
8,000,000
2,000,000
2,000,000
2,000,000
2,000,000
1,811,970
1,608,899
1,389,581
1,152,718
896,906
620,629
322,250
2,000,000
2,000,000
2,000,000
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
$ 4,350,369.01
AO 2
10,591,026
6,810,450
AO 3
14,408,974
2,992,502
25,000,000
25,000,000
25,000,000
22,649,631
20,111,232
17,369,762
14,408,974
11,211,323
7,757,860
4,028,119
0
2,414,215
1
trimestral
32%
PERIODO
CAPITAL
1
2
3
4
5
6
7
8
9
10
11
12
226,972
245,130
264,740
285,919
308,793
333,496
360,176
388,990
AO 1
Abono a Capital
Intereses
772,549
TV
INTERESES
193,137
193,137
193,137
193,137
193,137
174,979
155,369
134,190
111,316
86,613
59,933
31,119
TOTAL
193,137
193,137
193,137
193,137
$ 420,109.05
$ 420,109.05
$ 420,109.05
$ 420,109.05
$ 420,109.05
$ 420,109.05
$ 420,109.05
$ 420,109.05
AO 2
1,022,761
657,676
AO 3
1,391,454
288,982
INVERSIONES TEMPORALES
Valor inversin
Plazo
Gracia
Amortizacin
Tasa
5,000,000
1
1
mensual
20%
aos
ao
aos
ao
TV
SALDO
2,414,215
2,414,215
2,414,215
2,414,215
2,187,243
1,942,114
1,677,374
1,391,454
1,082,662
749,166
388,990
0
PERIODO
1
INTERESES
1,000,000
AO 1
Intereses
AO 2
0
AO 3
0
AO 4
0
AO 5
1,000,000
FLUJO DE EFECTIVO
INICIAL
Flujo efectivo operacional
Ventas
Compras
Pago de impuestos
Arrendamientos
Gastos generales administracin
Propaganda y otros gastos
Personal administracin
Personal ventas
Gastos financieros largo plazo
Gastos financieros corto plazo
Flujo efectivo neto operacional
AO 1
AO 3
300,000,000 630,000,000
-199,604,167 -421,960,417
-2,866,035
-12,000,000 -14,400,000
-10,000,000 -12,000,000
-9,000,000 -10,800,000
-37,500,000 -45,750,000
-6,528,000 -10,729,600
-8,000,000
-6,810,450
-772,549
-657,676
0 16,595,285 104,025,822
AO 2
992,250,000
-664,657,448
-31,206,922
-17,280,000
-14,400,000
-12,960,000
-54,900,000
-12,875,520
-2,992,502
-288,982
180,688,626
-20,000,000
-5,000,000
0
-20,000,000
-5,000,000
-10,591,026
-1,022,761
-14,408,974
-1,391,454
8,000,000
25,000,000
-21,595,285
8,000,000
3,404,715
-11,613,787
-15,800,428
8,000,000
8,000,000
0
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
8,000,000
BALANCE GENERAL
ACTIVO
Activo corriente
Efectivo
Cuentas por cobrar
Inventarios
Inversiones temporales
Total activo corriente
Activos fijos
Activo fijo bruto
Depreciacin
Activo fijo neto
Otros activos
INICIAL
AO 1
8,000,000
8,000,000
8,000,000
8,000,000
16,750,000
8,000,000
24,750,000
35,175,000
5,000,000
48,175,000
55,400,625
5,000,000
68,400,625
20,000,000
-2,000,000
18,000,000
20,000,000
-4,000,000
16,000,000
20,000,000
-6,000,000
14,000,000
0
8,000,000
0
42,750,000
0
64,175,000
0
82,400,625
18,145,833
2,866,035
3,646,000
2,414,215
36,710,417
31,206,922
4,375,200
1,391,454
57,086,094
62,661,137
5,250,240
1,391,454
PASIVO
Pasivo corriente
Proveedores
Impuestos por pagar
Obligaciones laborales
Obligaciones bancarias
AO 2
AO 3
27,072,084
25,000,000
73,683,993
14,408,974
126,388,925
14,408,974
0
0
25,000,000
52,072,084
14,408,974
88,092,967
14,408,974
140,797,899
8,000,000
8,000,000
0
6,687,416
8,000,000
6,018,674
72,816,152
668,742
8,000,000
71,553,211
146,209,319
7,950,357
TOTAL PATRIMONIO
8,000,000
14,687,416
87,503,568
233,712,887
TOTAL PASIVO+PATRIMONIO
8,000,000
66,759,500
175,596,535
374,510,786
0 -24,009,500
-111,421,535
-292,110,161
PATRIMONIO
Capital
Utilidades acumuladas
Utilidades del ejercicio
Reserva legal
CONTROL = ACTIVO-(PAS+PATRIM)
ESTADO DE RESULTADOS
Ingresos operacionales
Costo de Mercanca vendida
Utilidad bruta
Gastos de administracin
Utilidad Operacional
Otros ingresos
Otros egresos
Utilidad antes de impuestos
Provisin impuestos
Utilidad despus de impuestos
AO 1
300,000,000
201,000,000
99,000,000
80,674,000
18,326,000
0
8,772,549
9,553,451
2,866,035
6,687,416
AO 2
630,000,000
422,100,000
207,900,000
96,408,800
111,491,200
0
7,468,126
104,023,074
31,206,922
72,816,152
AO 3
992,250,000
664,807,500
327,442,500
115,290,560
212,151,940
0
3,281,484
208,870,456
62,661,137
146,209,319
RAZONES FINANCIERAS
Liquidez
Razn corriente
AO 1
Activos corrientes
Pasivos corrientes
Razn cida
Capital de trabajo
Endeudamiento
Endeudamiento total
Pasivo Total
Activo Total
Pasivo Corriente
Pasivo Total
Leverage total
Pasivo Total
Patrimonio
AO 2
AO 3
24,750,000
27,072,084
0.91
48,175,000
73,683,993
0.65
68,400,625
126,388,925
8,000,000
27,072,084
0.30
13,000,000
73,683,993
0.18
13,000,000
126,388,925
-2,322,084
-25,508,993
-57,988,300
52,072,084
42,750,000
121.8%
88,092,967
64,175,000
137.3%
140,797,899
82,400,625
27,072,084
42,750,000
63.3%
73,683,993
64,175,000
114.8%
126,388,925
82,400,625
25,000,000
42,750,000
58.5%
14,408,974
64,175,000
22.5%
14,408,974
82,400,625
42,750,000
14,687,416
2.91
64,175,000
87,503,568
0.73
82,400,625
233,712,887
27,072,084
14,687,416
1.84
73,683,993
87,503,568
0.84
126,388,925
233,712,887
25,000,000
14,687,416
1.70
14,408,974
87,503,568
0.16
14,408,974
233,712,887
99,000,000
300,000,000
33%
207,900,000
630,000,000
33%
327,442,500
992,250,000
18,326,000
300,000,000
6%
111,491,200
630,000,000
18%
212,151,940
992,250,000
6,687,416
300,000,000
2%
72,816,152
630,000,000
12%
146,209,319
992,250,000
6,687,416
14,687,416
46%
72,816,152
87,503,568
83%
146,209,319
233,712,887
-2,147,059
67,000,000
-3%
9,300,082
71,020,646
13%
26,705,454
94,500,171
201,000,000
16,750,000
12
422,100,000
35,175,000
12
664,807,500
55,400,625
Rentabilidad
Margen Bruto
Utilidad Bruta
Ventas
Margen Operacional
Utilidad Operacional
Ventas
Margen neto
Utilidad Neta
Ventas
ROE
Utilidad Neta
Patrimonio
ROA
Utilidad Neta
Activos
Operacionales
Rotacin de inventarios
30
# das
Compras a crdito
Promedio cuentas por pagar
217,750,000
18,145,833
12
30
440,525,000
36,710,417
12
# das
30
30
Ventas
Activos
300,000,000
42,750,000
7.02
630,000,000
64,175,000
9.82
685,033,125
57,086,094
992,250,000
82,400,625
3
0.54
0.10
300
170.9%
153.4%
17.5%
0.35
0.54
0.06
33%
21%
15%
63%
28%
12
30
12
30
0
12.04
NUTRIVIDA LTDA
Estado de Cambios en la Situacin Financiera
Del 01-01-____ al 31-12 del _____
(Expresado en Millones de Pesos)
Anlisis de los cambios en el capital de trabajo
Disponible
Deudores
Inventarios
Diferidos
Aumento/Disminucin del activo corr
Variacion del pasivo corriente
Obligacione
Proveedores
Cuentas por pagar
Diferidos
Aumento/Disminucin del pasivo cor
AUMENTO EN EL CAPITAL DE
AUMENTO EN EL CAPITAL DE
NUTRIVIDA LTDA
ESTADO DE CAMBIOS EN LA SITUACION DEL PATRIMONIO
(Expresado en Millones de Pesos)
Concepto
Capital
Social
Superavit
Capital
Dividendos
Utilidad
Ejercicio
Utilidades
Acumuladas
71,553,211.1
0.0
0.0
56,200.0
0.0 71,609,411.1
Totales
79,553,211.1
0.0
0.0
15,000.0
56,200.0
79,624,411.1
DESCRIPCION
AO 0
AO 1
AO 2
AO 3
AO 4
VENTAS
TOTAL INGRESO
SALIDAS
COSTOS DE PRODUCCION
179,100,000.00
GASTOS OPERACIONALES
UTILIDAD
FLUJO NETO DE EFECTIVO
VPN TASA 10%
TIR
$ 8,809,789.83
12%
$ 23,924,897.12
$ 19,484,558.02
VPN TASA 7%
$ 32,801,579.49
INVERSION
Maquinaria
Equipos
$0
$ 38,251,260
Capital Inicial
$ 8,000,000
Diferidos
$ 1,000,000
Construcciones
$0
Total Inversion
$ 47,251,260
189,846,000.00
-
$
$
201,236,760.00
-
$
$
213,310,965.60
-
-179,100,000.00
-189,846,000.00
-201,236,760.00
-213,310,965.60
8,000,000.00
8,000,000.00
8,000,000.00
8,000,000.00
AO 5
$
$
$
226,109,623.54
-
-226,109,623.54
8,000,000.00