ANEXO III

HECBAS
Hectreas:
Produccin anual (2004 lbs):
Precio Libra ($):
Productividad por hectrea (lbs):
Hectreas cosechadas:
cosechas por ao:
# de piscinas:
Densidad trabajadores c/5 has:
Total Trabajadores piscinas:
Salario Mnimo:

1,979.1
5,462,290.9
2.05
1,200
4,354
2.2
309
1
396
170.00

INGRESOS
DESCRIPCION
INGRESOS OPERACIONALES
CAMARONES
CANTIDAD EN PRECIO UNITARIO
ESPECIE
KILOGRAMOS
EN ESPAA
VANNAMEI
2,477,653.73 $
4.50

2006 - 2013
11,149,441.78

ANEXO IV
CARGA FABRIL
LA OPERADORA S.A.
(en dlares)
DESCRIPCIN
MANO DE OBRA INDIRECTA
# DE
SUELDO MENSUAL
EMPLEADOS
CARGO
Incremento
2006 - 2013
anual
Jefe de mantenimiento
1
600
Asistente
1
300
10%
Seguridad
4
120

2006
16,560.00

7,200
3,600
5,760

2007
18,216.00

7,920
3,960
6,336

2008
20,037.60 $

8,712
4,356
6,970

2009
22,041.36

9,583
4,792
7,667

2010
24,245.50 $

10,541.52
5,271
8,433

2011
26,670.05

11,595.67
5,798
9,277

2012
29,337.05

12,755.24
6,378
10,204

2013
32,270.76

14,030.76
7,015
11,225

MATERIALES INDIRECTOS
Filtros y Bolsos
Guardiania
Combustible
Lubricantes
Operador General
Material de Limpieza
Materiales y suministros
Transportes de Larvas
Gastos de Cosecha

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29 $
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29 $
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

795,347.29
24,560.9
3,169.3
169,694.9
3,506.6
107,873.8
1,161.1
39,325.9
424,658.3
21,396.5

SUMINISTROS
Energia
Telfono
Agua
Comunicacin

158,884.03 $
129,006.5
148.08
4,355.9
25,373.52

158,884.03
129,006.5
148.1
4,355.9
25,373.52

158,884.03
129,006.5
148.1
4,355.9
25,373.5

158,884.03
129,006.5
148.1
4,355.9
25,373.5

158,884.03 $
129,006.5
148.1
4,355.9
25,373.5

158,884.03
129,006.5
148.1
4,355.9
25,373.5

158,884.03 $
129,006.5
148.1
4,355.9
25,373.5

158,884.03
129,006.5
148.1
4,355.9
25,373.5

REPARACION Y MANTENIMIENTO
Equipo de Campamento
Infraestructura
Inmuebles
Vehiculo

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31 $
487,570.09
11870.4
3,598.63
95,405.18

598,444.31
487,570.09
11870.4
3,598.63
95,405.18

ALIMENTACION Y TRANSPORTACION DE PERSONAL

425,250.50

425,250.50

425,250.50

425,250.50

425,250.50 $

425,250.50

425,250.50 $

425,250.50

IMPUESTOS Y CONTRIBUCIONES

8,625.84

8,625.84

8,625.84 $

8,625.84

8,625.84 $

8,625.84

8,625.84

8,625.84

BENEFICIOS SOCIALES

208,465.49

208,465.49

208,465.49

208,465.49 $

208,465.49

208,465.49 $

208,465.49

SUB - TOTAL
IMPREVISTOS (20%)

TOTAL CARGA FABRIL

208,465.49

2,211,577.5

2,213,233.5

2,215,055.1

2,217,058.8

2,219,263.0

2,221,687.5

2,224,354.5

2,227,288.2

442,315.49

442,646.69

443,011.01

443,411.76

443,852.59

444,337.50

444,870.90

445,457.64

2,660,470.58

$ 2,663,115.54

$ 2,666,025.00

2,653,892.94

2,655,880.14

2,658,066.06

$ 2,669,225.41 $

2,672,745.85

ANEXO V
CALCULO DEL PUNTO DE EQUILIBRIO
LA OPERADORA S.A.
(en dlares)
COSTO FIJO

DESCRIPCIN

2006

Materiales Directos
Mano de obtra directa
Carga Fabril:
Mano de Obra indirecta
Materiales Indirectos
Suministros
Repar y Mantenimiento
Alimentacin y transportacin del personal
Contribuciones
Beneficios Sociales
Imprev. Adm, Ventas y Fabril
Personal de Ventas
Gastos de Administracin

Total

PUNTO DE EQUILIBRIO:

2007

1,017,600.00

2008

1,017,600.00

2009

1,119,360.00

2010

2011

2012

2013

1,119,360.00

1,231,296.00

1,231,296.00

1,354,425.60

1,354,425.60

2007
2,852,932.82

2008
2,852,932.82

795,347.3
142,995.6

795,347.3
142,995.6

795,347.3
142,995.6

795,347.3
142,995.6

478,164.77

479,095.97

482,952.29

1,417,438.89

1,421,295.21

16560

18216

20037.6

22041.36

24245.496

26670.0456

29337.05016

32270.755176

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

15,888.4
598,444.3
425,250.5
8,625.8
208,465.5

30,000.0
179,095.68

33,000.0
179,095.68

36,300.0
196,087.68

39,930.0
196,087.68

43,923.0
214,778.88

48,315.3
214,778.88

53,146.8
235,339.20

58,461.5
235,339.20

2,499,930.22

2,504,586.22

2,628,459.82

2,634,093.58

2,770,917.92

2,777,734.77

2,928,923.22

2,937,171.61

1,416,507.69

2010
3,177,543.13
1,381,540.49

2011
$ 3,185,807.07
1,385,133.51

2012
3,360,909.56
1,461,265.02

2013
$ 3,370,946.83
1,465,629.06

COSTO FIJO
1 - COSTO VARIABLE
VENTAS

UNIDAD
US$
KG

2006
2,863,764.02
636,392.00

2007
$ 2,869,372.17
1,247,553.12

PUNTO DE EQUILIBRIO
2008
2009
3,012,481.31 $ 3,019,287.88 $
1,309,774.48
1,312,733.86

COSTO VARIABLE
2009
2010
2,852,932.82
2,852,932.82

2006
2,852,932.82

2011
2,852,932.82

2012
2,852,932.82

2013
2,852,932.82

795,347.3
142,995.6

795,347.3
142,995.6

795,347.3
142,995.6

795,347.3
142,995.6

484,079.04

488,433.67

489,797.04

494,723.47

496,373.14

1,422,421.96

1,426,776.58

1,428,139.95

1,433,066.38

1,434,716.06

ANEXO VI
GASTO DE VENTAS
LA OPERADORA S.A.
(en dlares)
DESCRIPCION
GASTOS DE PERSONAL
# DE EMPLEADOS
2006 -2013
Gerente Vtas
1
Asistente
1

2006

2008

2009

2010

2011

2012

2013

33,000.0

36,300.0

39,930.0

43,923.0

48,315.3

53,146.8

58,461.5

24,000.0
6,000.0

26,400.0
6,600.0

29,040.0
7,260.0

31,944.0
7,986.0

35,138.4
8,784.6

38,652.2
9,663.1

42,517.5
10,629.4

46,769.2
11,692.3

30,000.0

33,000.0

36,300.0

39,930.0

43,923.0

48,315.3

53,146.8

58,461.5

6,000.0

6,600.0

7,260.0

7,986.0

8,784.6

9,663.1

10,629.4

11,692.3

SUELDO MENSUAL
2000
500
Sub - Total

Imprevistos (20%)

TOTAL GASTO DE VENTAS

2007

30,000.0

36,000.00

39,600.00

43,560.00

47,916.00

52,707.60

57,978.36

63,776.20

70,153.82

ANEXO VII
GASTOS DE ADMINISTRACIN GENERAL
LA OPERADORA S.A.
(en dlares)

2006

DESCRIPCION / AO
GASTOS DE ADMINISTRACIN GENERAL
GASTOS DE PERSONAL

# Empleados

Gerente Gral.
Asistente de Gerencia
Supervisores
Gerente RR.HH
Gerente de Produccin
Jefe de Planta
Jefe de Calidad
Jefe de mantenimiento
Asistentes
inspectores lnea

1
1
3
1
1
1
1
1
2
4

Sueldo
mensual
1,000.00
500.00
500.00
1,600.00
2,000.00
900.00
900.00
800.00
500.00
400.00

GASTOS DE OFICINA
Papeleria y Utiles de Oficina
Utiles de aseo y limpieza
Multas e Intereses
Adecuaciones a Instalacion
Gastos de Imprenta

Sub - total
Imprevistos (20% del total de gatos administrativos)

2007

2008

2009

2010

2011

2012

2013

179,095.68

179,095.68

196,087.68

196,087.68

214,778.88

214,778.88

235,339.20

235,339.20

141,600.00
12,000.00
6,000.00
18,000.00
19,200.00
24,000.00
10,800.00
10,800.00
9,600.00
12,000.00
19,200.00

141,600.00
12,000.00
6,000.00
18,000.00
19,200.00
24,000.00
10,800.00
10,800.00
9,600.00
12,000.00
19,200.00

155,760.00
13,200.00
6,600.00
19,800.00
21,120.00
26,400.00
11,880.00
11,880.00
10,560.00
13,200.00
21,120.00

155,760.00
13,200.00
6,600.00
19,800.00
21,120.00
26,400.00
11,880.00
11,880.00
10,560.00
13,200.00
21,120.00

171,336.00
14,520.00
7,260.00
21,780.00
23,232.00
29,040.00
13,068.00
13,068.00
11,616.00
14,520.00
23,232.00

171,336.00
14,520.00
7,260.00
21,780.00
23,232.00
29,040.00
13,068.00
13,068.00
11,616.00
14,520.00
23,232.00

188,469.60
15,972.00
7,986.00
23,958.00
25,555.20
31,944.00
14,374.80
14,374.80
12,777.60
15,972.00
25,555.20

188,469.60
15,972.00
7,986.00
23,958.00
25,555.20
31,944.00
14,374.80
14,374.80
12,777.60
15,972.00
25,555.20

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

7,646.40
187.20
108.00
1,476.00
4,629.60
1,245.60

149,246.40

149,246.40

163,406.40

163,406.40

178,982.40

178,982.40

196,116.00

196,116.00

29,849.28

29,849.28

32,681.28

32,681.28

35,796.48

35,796.48

39,223.20

39,223.20

ANEXO VIII
COSTOS DE PRODUCCIN
LA OPERADORA S.A.
(en dlares)

DESCRIPCIN

2006

2007

2008

2009

2010

2011

2012

2013

MATERIALES DIRECTOS
Piscinas y preciaderos
Alquiler de instalaciones
Gastos de envio a Espaa, contenedores

2,852,932.82
2,500,000.00
1,000.00
351,932.82

2,852,932.82
###
###
351,932.82

2,852,932.82
2,500,000.00
1,000.00
351,932.82

2,852,932.82
2,500,000.00
1,000.00
351,932.82

2,852,932.82
###
1,000.00
###

2,852,932.82
2,500,000.00
1,000.00
351,932.82

2,852,932.82
###
1,000.00
###

2,852,932.82
2,500,000.00
1,000.00
351,932.82

1,017,600.00

1,017,600.00

1,119,360.00

1,119,360.00

1,231,296.00

1,231,296.00

1,354,425.60

1,354,425.60

652,800.00
24,000.00
28,800.00
312,000.00

718,080.00
26,400.00
31,680.00
343,200.00

718,080.00
26,400.00
31,680.00
343,200.00

789,888.00
29,040.00
34,848.00
377,520.00

789,888.00
29,040.00
34,848.00
377,520.00

868,876.80
31,944.00
38,332.80
415,272.00

868,876.80
31,944.00
38,332.80
415,272.00

2,211,577.45

652,800.00
24,000.00
28,800.00
312,000.00
2,213,233.45

2,215,055.05

2,217,058.81

2,219,262.95

2,221,687.50

2,224,354.50

2,227,288.21

6,082,110.27 $

6,083,766.28

6,305,916.32 $

6,431,712.93

CARGO
Piscineros, obreros
Biologos
Peones, jornaleros
Empacadores, despachadores
CARGA FABRIL
COSTO TOTAL DE PRODUCCION

6,187,347.88

6,189,351.64

6,303,491.77

6,434,646.63

ANEXO IX
ESTADO DE PERDIDAS Y GANANCIAS
LA OPERADORA S.A.
(en dlares)
2006

DESCRIPCIN

2007

2008

2009

2010

2011

2012

2013

INGRESOS OPERACIONALES

7,954,472.99

7,954,472.99

7,954,472.99

7,954,472.99

7,954,472.99

7,954,472.99

7,954,472.99

7,954,472.99

COSTO DE PRODUCCIN

6,082,110.27

6,083,766.28

6,187,347.88

6,189,351.64

6,303,491.77

6,305,916.32

6,431,712.93

6,434,646.63

UTILIDAD BRUTA

1,872,362.71

1,870,706.71

1,767,125.11

1,765,121.35

1,650,981.21

1,648,556.67

1,522,760.06

1,519,826.36

GASTOS DE VENTAS Y ADMINISTRATIVOS

215,095.68

UTILIDAD NETA EN OPERACIN

1,657,267.03

1,652,011.03

1,527,477.43

1,521,117.67

1,383,494.73

1,375,799.43

1,223,644.66

1,214,333.34

GASTOS FINANCIEROS

721,659.80

722,262.14

736,533.69

737,262.52

753,034.11

753,915.99

771,352.93

772,420.00

UTILIDAD ANTES PART TRABAJADORES

935,607.23

929,748.89

790,943.74

783,855.15

630,460.63

621,883.43

452,291.74

441,913.34

15% TRABAJADORES

140,341.08

139,462.33

118,641.56

117,578.27

94,569.09

93,282.52

67,843.76

66,287.00

UTILIDAD ANTES DE IMPUESTOS

795,266.15

790,286.56

672,302.18

666,276.88

535,891.53

528,600.92

384,447.98

375,626.34

IMPUESTOS 25%

198,816.54

197,571.64

168,075.54

166,569.22

133,972.88

132,150.23

96,111.99

93,906.58

UTILIDAD NETA

596,449.61

592,714.92

504,226.63

499,707.66

401,918.65

396,450.69

288,335.98

281,719.75

RESERVA LEGAL (10%)

59,644.96

59,271.49

50,422.66

49,970.77

40,191.86

39,645.07

28,833.60

28,171.98

INGRESO DISPONIBLE

536,804.65

533,443.43

453,803.97

449,736.89

361,726.78

356,805.62

259,502.39

253,547.78

FINANCIAMIENTO $
INTERESES $

6,297,205.95
721,659.80

$
$

6,302,461.96
722,262.14

$
$

6,426,995.56
736,533.69

$
$

6,433,355.32
737,262.52

$
$

6,570,978.25
753,034.11

$
$

6,578,673.56
753,915.99

$
$

6,730,828.32
771,352.93

$
$

6,740,139.65
772,420.00

218,695.68

239,647.68

244,003.68

267,486.48

272,757.24

299,115.40

305,493.02

ANEXO X
FLUJO DE CAJA OPERADOR
LA OPERADORA S.A.
(en dlares)
DESCRIPCIN

2005

2006

2007

2008

2009

2010

$
$

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

19,314.00

19,314.00

19,314.00

19,314.00

$
$

6,636,363.58
6,082,110.27

$
$

6,639,495.93
6,083,766.28

$
$

6,713,712.66
6,187,347.88

$
$

6,717,502.81
6,189,351.64

Gastos de Impuestos

$
$
$
$

36,000.00
179,095.68
140,341.08
198,816.54

$
$
$
$

39,600.00
179,095.68
139,462.33
197,571.64

$
$
$
$

43,560.00
196,087.68
118,641.56
168,075.54

$
$
$
$

FLUJO DE CAJA OPERACIONAL

1,318,109.41

1,314,977.06

1,240,760.32

SALDO INICIAL DE CAJA

1,890.00

1,319,999.41

1,319,999.41

2,634,976.47

INGRESOS OPERACIONALES
Por Operacin Contratada
Venta de Desecho

EGRESOS OPERACIONALES
Costos de Produccin
Compra de instalaciones
Gastos de Ventas
Gastos Adminitrativos

2012

2013

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

$
$

7,954,472.99
7,935,158.99

###

19,314.00

19,314.00

19,314.00

$
$

6,799,520.23
6,303,491.77

$
$

6,804,106.31
6,305,916.32

$
$

6,894,784.08
6,431,712.93

$
$

6,900,333.23
6,434,646.63

47,916.00
196,087.68
117,578.27
166,569.22

$
$
$
$

52,707.60
214,778.88
94,569.09
133,972.88

$
$
$
$

57,978.36
214,778.88
93,282.52
132,150.23

$
$
$
$

63,776.20
235,339.20
67,843.76
96,111.99

$
$
$
$

70,153.82
235,339.20
66,287.00
93,906.58

1,236,970.18

1,154,952.76

1,150,366.68

1,059,688.91

1,054,139.76

2,634,976.47

3,875,736.80

5,112,706.97

6,267,659.73

7,418,026.41

8,477,715.32

3,875,736.80

5,112,706.97

6,267,659.73

7,418,026.41

8,477,715.32

9,531,855.08

-1,000,000.00

15% Trabajadores

SALDO FINAL DE CAJA

$
$

2011

-1,000,000.00

FLUJO DE CAJA
AOS
2004

2005

3,760,212
-3,284,215
-966,695

5,801,896
-5,638,616
-910,500

-490,698

Compra de propiedades, planta y equipos

Inversiones
Efectivo neto usado por actividades de inversin

Efectivo usado por actividades de operacin:

Recibido de clientes
Pagado a proveedores y empleados
Intereses pagados
Efectivo neto usado por actividades de operacin

2006

2007

2008

5,880,346.00
-5,695,478.00
-900,000.00

5,880,346.00
-5,695,478.00
-800,000.00

5,880,346.00
-5,695,478.00
-750,000.00

-747,220

-715,132.00

-615,132.00

-565,132.00

-18,056

-234,393

-100,000.00

###

-100,000.00

-100,000.00

-18,056

9,028
-225,365

-100,000.00
-200,000.00

###
-200,000.00

-100,000.00
-200,000.00

-100,000.00
-200,000.00

-395,206
-66,757.00

-152,000.00
-88,813.40

-100,000.00
-88,813.40

-135,000.00
-88,813.40

1,132,458.00
-569,215.00

-36,441.00

###
-189,338.00

-132,833.00

Efectivo usado por actividades de inversin:

Efectivo proveniente de actividades de financiacin

Aumento Prstamo Bancario
Aumento Activos Diferidos
Disminucin de Obligaciones Bancarias
Aporte de Empresas Relacionadas
Pago porcin corriente P.L.P.
Aumento Obligaciones a largo plazo
Aumento Diferido
Aumento/Disminucin Pasivo a largo plazo

392,581

1,019,008.00
-978,354.00
120,930.00
-58,886
-

Disminucin aporte Aumento de Capital

889,849
-22,498

Aumento Capital Adicional

-72,882.00
-

###
###
-262,220.00
###

-395,053.00
-

665,000.00

225,000.00

100,000.00

Efectivo neto proveniente de actividades de financiacin

495,279

968,631

314,863.60

-415,371.40

-651,699.40

Disminucin neta en caja y bancos

Caja y bancos al principio del ao

-13,475

-3,954

-600,268.40

-1,230,503.40

-1,416,831.40

19,319

5,844

1,890.00

-598,378.40

-1,828,881.80

5,844

1,890

-598,378.40

-1,828,881.80

-3,245,713.20

Caja y bancos al final del ao

-200,000.00

-200,000.00

DEPRECIACION
Terrenos
Muebles y Enseres
Maquinarias
Vehculos
Obras de infraestructura
Equipo de laboratorio
Instalaciones
Otros Activos

2006
162,882.00
42,720.00
1,759,353.00
84,828.00
12,305,509.00
35,113.00
112,400.00
119,642.00

10 aos
10 aos
5 aos
20 aos
10 aos
20 aos
20 aos

AMORTIZACION
2005

Infraestructura para Investigacin

Costos de Investigacin
Diferencia en Cambio

2006
162,882.00
4,272.00
175,935.30
16,965.60
615,275.45
3,511.30
5,620.00
5,982.10
990,443.75

2007

2008

2009

4,272
175,935
16,966
615,275
3,511
5,620
5,982
827,561.75

4,272
175,935
16,966
615,275
3,511
5,620
5,982
827,561.75

4,272
175,935
16,966
615,275
3,511
5,620
5,982
827,561.75

2006

281,032
719,636
3,418,285
4,418,953

395,206

0.0894343072

4,815,789

2,532,547

430,696.75

5.8801163092

FLUJO DE EFECTIVO
Saldos
Segn
Ajustados
Informe
31-Dec-02
31-Dec-04
Activos
Activos Corrientes
Caja - bancos
Cuentas por cobrar
Inventarios
Inversiones temporales
Gastos Pagados Por Anticipados
Total activos corrientes
Activos Fijos

19,319
118,745
1,377,659
13,673
108,631
1,638,027

1,890
194,709
1,873,059
4,645
172,420
2,246,723

Costo
Depreciacion

(13,604,391)

13,382,545
(4,001,165)
9,381,380

13,622,447
(5,351,591)
8,270,856

4,756,903

4,473,638
(2,052,845)
13,440,200

4,815,789
(2,283,242)
13,050,126

185,000
4,593,911
678,426
1,584,010
7,041,347

510,824
6,997,601
1,162,678
36,441
8,707,544

1,900,218

2,910,997

Total activo fijo

Otros Activos Diferidos
(-) amortizacion
Total activos
Pasivos y patrimonio de accionistas
Pasivos corrientes:
Sobregiro bancario
Documentos y Cuentas por pagar
Gastos Acumulados Por Pagar
Porcion corriente P.L.P
Total pasivos corrientes
Pasivo a Largo plazo
Pasivo a Largo plazo
Total Pasivo

11,618,541

Patrimonio de accionistas:
Capital SOCIAL
Aporte aumento de capital
Reserva legal

117,000
5,981,519
6,660

117,000
2,551,014
5,151

157,697
(1,764,241)
4,498,635

169,052
(1,410,632)
1,431,585

13,440,200
-

13,050,126
-

Capital adicional
Utilidades retenidas
Utilidad del Ejercicio
Total Patrimonio de accionistas
Total pasivos y patrimonio de accionistas

1200

ESTADO DE RESULTADOS
VENTAS NETAS
COSTO DE VENTAS
UTILIDAD EN VENTAS
GASTOS OPERACIONALES

5,880,346
(5,695,478)
184,868

PROYECCION DE CRECIMIENTO DE VENTAS Y COSTOS DE V

5,880,346
5,880,346
(5,695,478)
(5,695,478)
184,868
184,868

GASTOS ADMINISTRATIVOS
GASTOS FINANCIEROS
TOTAL GASTOS OPERACIONALES
Utilidad operacional
OTROS INGRESOS (EGRESOS)
Utilidad
Participacin Empleados
Impuesto a la renta
UTILIDAD DE ACCIONISTAS

(685,750)
(910,500)

750
(1,410,632)

(1,410,632)

(720,038)

(756,039)

(535,170)

(571,171)

2009

2010

5,880,346.00
-5,695,478.00
-450,000.00

5,880,346.00
-5,695,478.00
-300,000.00

-265,132.00

-115,132.00

-100,000.00

-100,000.00

-100,000.00

###
-200,000.00

-100,000.00
-200,000.00

-100,000.00
-200,000.00

-185,000.00
-88,813.40

-292,398.00

332,595.00

###
-687,451.00

-354,856.00

-1,253,662.40
-1,718,794.40

-200,000.00

-3,245,713.20
-4,964,507.60

-150,000.00
-88,813.40

-261,074.40
-576,206.40
-4,964,507.60

-200,000.00

-5,540,714.00

2011

2012

2013

2010

2011

2012

2013

4,272
175,935
16,966
615,275
3,511
5,620
5,982
827,561.75

4,272
175,935

4,272
175,935

4,272
175,935

615,275
3,511
5,620
5,982
810,596.15

615,275
3,511
5,620
5,982
810,596.15

615,275
3,511
5,620
5,982
810,596.15

CRECIMIENTO DE VENTAS Y COSTOS DE VENTAS

5,880,346
5,880,346
(5,695,478)
(5,695,478)
184,868
184,868

5,880,346
(5,695,478)
184,868

2011
5,880,346
(5,695,478)
184,868

2012
5,880,346
(5,695,478)
184,868

2013
5,880,346
(5,695,478)
184,868

(793,841)

(833,533)

(875,210)

(918,971)

(964,919)

(1,013,165)

(608,973)

(648,665)

(690,342)

(734,103)

(780,051)

(828,297)

ANEXO XI
ESTADO DE PRDIDAS Y GANANCIAS
EMPRESA SIN FIDEICOMISO
(en dlares)
2006

DESCRIPCIN

2007

2008

2009

2010

2011

2012

2013

INGRESOS OPERACIONALES

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

COSTO DE PRODUCCIN Y VENTAS

5,695,478.00

5,695,478.00

5,695,478.00

5,695,478.00

5,695,478.00

5,695,478.00

5,695,478.00

5,695,478.00

UTILIDAD BRUTA

184,868.00

184,868.00

184,868.00

184,868.00

184,868.00

184,868.00

184,868.00

184,868.00

GASTOS ADMINISTRATIVOS
AMORTIZACION (-)
OTROS INGRESOS
DEPRECIACION

$
$
$
$

884,117.00
990,443.75

UTILIDAD NETA EN OPERACIN

-699,249

-699,249 $

-579,445

184,868

184,868

184,868

184,868

184,868

GASTOS FINANCIEROS
OTROS GASTOS

1,095,647.56
-

249,527.64 $
###

226,473.20
-

191,740.06 $
###

131,299.24
-

100,100.22
-

69,756.24
-

35,693.67
-

PERDIDA/UTILIDAD ANTES DE PARTICIPACIN

-1,794,896.56

-948,776.64 $

-805,918.20

53,568.76

84,767.78 $

115,111.76

149,174.33

15% TRABAJADORES

8,035.31

12,715.17

17,266.76

22,376.15

UTILIDAD ANTES DE IMPUESTOS

45,533.45

72,052.61

97,845.00

126,798.18

IMPUESTOS 25%

11,383.36

18,013.15

24,461.25

31,699.55

UTILIDAD DESPUES DE IMPUESTOS

34,150.09

54,039.46

73,383.75

95,098.64

884,117.00
827,561.75

764,313.00
827,561.75

###
###
827,561.75

-6,872.06

827,561.75

810,596.15

810,596.15

810,596.15

DEPRECIACIN
RESERVA LEGAL (10%)

990,443.75

827,561.75

827,561.75

827,561.75

$
$

827,561.75
3,415.01

$
$

810,596.15
5,403.95

$
$

810,596.15
7,338.37

$
$

810,596.15
9,509.86

EGRESO/INGRESO DISPONIBLE

-804,452.81

-121,214.89

21,643.55

820,689.69

858,296.83

859,231.66

876,641.52

896,184.92

ANEXO XII
FLUJO DE CAJA
EMPRESA SIN FIDEICOMISO
(en dlares)
DESCRIPCIN
INGRESOS OPERACIONALES
Ventas

2006

2007

2008

2009

2010

2011

2012

2013

3,757,726.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00

5,880,346.00 $

5,880,346.00

5,880,346.00

EGRESOS OPERACIONALES
Costos de Produccin y ventas
Gastos Adminitrativos
Amortizacin

$
$

4,671,735.00
4,441,338.00

$
$

5,695,478.00
5,695,478.00

$
$

6,579,595.00
5,695,478.00

$
$

6,579,595.00
5,695,478.00

$
$

6,459,791.00
5,695,478.00

$
$

5,695,478.00
5,695,478.00

$
$

5,695,478.00
5,695,478.00

$
$

5,695,478.00 $
5,695,478.00 $

5,695,478.00
5,695,478.00

$
$

5,695,478.00
5,695,478.00

884,117.00

884,117.00

764,313.00

FLUJO DE CAJA OPERACIONAL

-914,009.00

184,868.00

-699,249.00

-699,249.00

-579,445.00

INGRESOS NO OPERACIONALES
Aportes de Capital
Otros ingresos

24,297.00

750.00

24,297.00

750.00

EGRESOS NO OPERACIONALES

968,275.00

1,632,691.00

10,248,737.31

1,920,648.39

1,449,087.95

879,191.06

486,155.24

445,231.22

457,182.24

441,671.67

968,275.00

$
$

36,441.00
1,596,250.00

$
$
$
$
$
$

72,882.00
1,095,647.56
6,997,601.00
581,339.00
510,824.00
990,443.75

$
$

262,220.00
249,527.64

$
$

395,053.00
226,473.20

$
$

687,451.00
191,740.06

$
$

354,856.00
131,299.24

$
$

345,131.00
100,100.22

$
$

387,426.00
69,756.24

$
$

405,978.00
35,693.67

581,339.00

827,561.75

827,561.75

827,561.75

827,561.75

810,596.15

810,596.15

810,596.15

Cancelacin pasivo a largo plazo

Gastos Financieros
Disminucin de cuentas por pagar
Disminucin de gtos acum x pagar
disminucin sobregiro bancario
Depreciacin

230,397.00 $

$
$

$
$

$
$

184,868.00
-

$
$
$

184,868.00
-

$
$
$

184,868.00
-

$
$
$

184,868.00
-

$
$

184,868.00
###

FLUJO NO OPERACIONAL

-943,978.00

$ -1,631,941.00

-10,248,737.31

-1,920,648.39

-1,449,087.95

-879,191.06

-486,155.24

-445,231.22 $

-457,182.24

-441,671.67

FLUJO ANTES DE IMPUESTOS

-1,857,987.00

$ -1,447,073.00

-10,947,986.31

-2,619,897.39

-2,028,532.95

-694,323.06

-301,287.24

-260,363.22 $

-272,314.24

-256,803.67

Depreciacin

FLUJO NETO GENERAL

230,397.00 $

990,443.75

827,561.75

827,561.75

827,561.75

827,561.75

810,596.15

810,596.15

810,596.15

-9,957,542.56

-1,792,335.64

-1,200,971.20

133,238.69

526,274.51

550,232.93

538,281.91

553,792.48

SALDO INICIAL DE CAJA

1,890.00

-9,955,652.56

-12,289,446.20 $

-11,739,213.28

-11,200,931.37

SALDO FINAL DE CAJA

-9,955,652.56

-11,747,988.20

-11,739,213.28 $

-11,200,931.37

-10,647,138.88

-1,627,590.00

$ -1,447,073.00

-11,747,988.20 $

-12,948,959.40

-12,948,959.40 $

-12,815,720.72

-12,815,720.72 $

-12,289,446.20

ANEXO XIII
FLUJO DE CAJA
FIDEICOMISO 1
(en dlares)

2006

DESCRIPCION

2007

2008

2009

2010

2011

2012

2013

INGRESOS OPERACIONALES
Alquiler congeladores
Alquiler instalaciones

$
$
$

2,109,723.85
2,108,723.85
1,000.00

$
$
$

2,831,383.65
2,830,383.65
1,000.00

$
$

2,831,383.65 $
2,830,383.65 $
### $

2,831,383.65
2,830,383.65
1,000.00

$
$
$

2,831,383.65
2,830,383.65
1,000.00

$
$

2,831,383.65 $
2,830,383.65 $
### $

2,831,383.65
2,830,383.65
1,000.00

$
$

2,833,383.65
2,832,383.65
###

EGRESOS OPERACIONALES
Disminucin pasivo a largo plazo
Gastos Financieros
Disminucin de cuentas por pagar
Disminucin de gtos acum x pagar
Disminucin sobregiro bancario
Depreciacin

$
$
$
$
$
$
$

10,833,280.21
72,882.00
1,098,851.46
6,997,601.00
1,162,678.00
510,824.00
990,443.75

$
$
$

1,348,921.09
262,220.00
259,139.34

$
$

1,481,754.09 $
395,053.00 $
### $

1,774,152.09
687,451.00
259,139.34

$
$
$

1,375,962.75
354,856.00
193,545.00

$
$

1,349,272.15 $
345,131.00 $
### $

1,391,567.15
387,426.00
193,545.00

$
$

1,410,119.15
405,978.00
###

827,561.75

827,561.75 $

827,561.75

827,561.75

810,596.15

810,596.15

810,596.15

UTILIDAD ANTES DE IMPUESTOS

IMPUESTO 25%
UTILIDAD DESPUES DE IMPTOS

$
$
$

-8,723,556.36 $
$
-8,723,556.36 $

1,482,462.56
370,615.64
1,111,846.92

$
$
$

1,349,629.56 $
337,407.39 $
1,012,222.17 $

1,057,231.56
264,307.89
792,923.67

$
$
$

1,455,420.90 $
363,855.23 $
1,091,565.68 $

1,482,111.50
370,527.88
1,111,583.63

$
$
$

1,439,816.50
359,954.13
1,079,862.38

$
$
$

1,423,264.50
355,816.13
1,067,448.38

Depreciacin

990,443.75

827,561.75

827,561.75 $

827,561.75

827,561.75

810,596.15

810,596.15

810,596.15

SALDO INICIAL

-7,733,112.61 $

-5,793,703.94

-3,953,920.02 $

-2,333,434.60

-414,307.18

1,507,872.60

3,398,331.12

SALDO FINAL

-5,793,703.94 $

-3,953,920.02

-2,333,434.60 $

-414,307.18

1,507,872.60

3,398,331.12

5,276,375.65

-7,733,112.61