AO 0

Capacidad Productiva
Unidades
(%x2000
Precio
Ingresos
( Precio x Un
COBROS 90% + 10% ao anterior
Resto 10%
Coste
Coste variable
Pago costes variables
(80% del ao ms el 20%
Coste fijo
Coste total (FIJO + VARIABLE)
PAGOS ( FIJO + PAGO VARIABLE)

0
Flujos de Caja antes de impue -200000(desembolso)
(COBROS-PAGOS)

Impuestos
Ingresos
Coste
Amortizacin

Amortizacin= Valor adq-Valor residual/ a

Variacin patrimonial
Var. Patrimonial = VENTA - VNC = 6000000-5000000=
BASE ( Ingresos-Coste-Amort)
35%

0
FC despues de impuestos -200000(desembolso)
(FC antes de imp. -35%)
 Impuestos
Ingresos
Coste
GASTOS FINANCIACIN
Amortizacin

Amortizacin= Valor adq-Valor residual/ a

Variacin patrimonial
Var. Patrimonial = VENTA - VNC = 6000000-5000000=
BASE ( Ingresos-Coste-Amort)
35%

0
FC despues de impuestos -200000(desembolso)
(FC antes de imp. -35%)

AO 0
Capacidad Productiva
Unidades
(%x2000
Precio
Ingresos
( Precio x Un
COBROS (AL CONTADO)
Coste
Coste variable
Pago costes variables
(AL CONT
Coste fijo
Coste total (FIJO + VARIABLE)
PAGOS ( FIJO + PAGO VARIABLE)

0
Flujos de Caja antes de impue -200000(desembolso)
(COBROS-PAGOS)

Impuestos
 Ingresos
Coste
GASTOS FINANCIACIN
Amortizacin

Amortizacin= Valor adq-Valor residual/ a

Variacin patrimonial
Var. Patrimonial = VENTA - VNC = 6000000-5000000=
BASE ( Ingresos-Coste-Amort)
35%

0
FC despues de impuestos -200000(desembolso)
(FC antes de imp. -35%)
 AO 1 AO 2
60% 80%
12,000.00 16,000.00
(%x20000)
1,000.00 1,040.00
12,000,000.00 16,640,000.00
( Precio x Unidades)
10,800,000.00 16,176,000.00
1,200,000.00 1,664,000.00
500.00 515.00
- 6,000,000.00 - 8,240,000.00
- 4,800,000.00 - 7,792,000.00
(80% del ao ms el 20% del ao anterior)
- 3,000,000.00 - 3,060,000.00
- 9,000,000.00 - 11,300,000.00
- 7,800,000.00 - 10,852,000.00

1 2
3,000,000.00 5,324,000.00

1 2
12,000,000.00 16,640,000.00
- 9,000,000.00 - 11,300,000.00
-3000000 -3000000

Amortizacin= Valor adq-Valor residual/ aos= 20000000-5000000/5=3000000

atrimonial = VENTA - VNC = 6000000-5000000=1000000; VNC = Venta - Compra - amortizacin

- 2,340,000.00
- 819,000.00

1 2
3,000,000.00 4,505,000.00

-20000000+ (3000000/1+8%)^1+ (4505000/1+8%)^2+ (6160770/1+8%)^3+ (6478232.9/1+8%)^4+ (12

 2777777.77777778
4171296.2962963

1 2
12,000,000.00 16,640,000.00
- 9,000,000.00 - 11,300,000.00
- 850,000.00 - 850,000.00
- 3,000,000.00 - 3,000,000.00

Amortizacin= Valor adq-Valor residual/ aos= 20000000-5000000/5=3000000

atrimonial = VENTA - VNC = 6000000-5000000=1000000; VNC = Venta - Compra - amortizacin

- 850,000.00 1,490,000.00
- 297,500.00 521,500.00

1 2
3,297,500.00 4,802,500.00

AO 1 AO 2
60% 80%
12,000.00 16,000.00
(%x20000)
1,000.00 1,040.00
12,000,000.00 16,640,000.00
( Precio x Unidades)
12,000,000.00 16,640,000.00
500.00 515.00
- 6,000,000.00 - 8,240,000.00
- 6,000,000.00 - 8,240,000.00
(AL CONTADO)
- 3,000,000.00 - 3,060,000.00
- 9,000,000.00 - 11,300,000.00
- 9,000,000.00 - 11,300,000.00

1 2
3,000,000.00 5,340,000.00

1 2
 12,000,000.00 16,640,000.00
- 9,000,000.00 - 11,300,000.00
- 850,000.00 - 850,000.00
-3000000 -3000000

Amortizacin= Valor adq-Valor residual/ aos= 20000000-5000000/5=3000000

atrimonial = VENTA - VNC = 6000000-5000000=1000000; VNC = Venta - Compra - amortizacin

- 850,000.00 1,490,000.00
- 297,500.00 521,500.00

1 2
3,297,500.00 4,818,500.00
 AO 3 AO 4 AO 5
100% 100% 100%
20,000.00 20,000.00 20,000.00

1,081.60 1,124.86 1,169.86

21,632,000.00 22,497,200.00 23,397,200.00

21,132,800.00 22,410,680.00 23,307,180.00

2,163,200.00 2,249,700.00 2,339,700.00
530.45 546.35 562.75
- 10,609,000.00 - 10,927,270.00 - 11,255,088.00
- 10,135,200.00 - 10,863,616.00 - 11,189,524.00

- 3,121,200.00 - 3,183,624.00 - 3,247,296.48

- 13,730,200.00 - 14,110,894.00 - 14,502,384.48
- 13,256,400.00 - 14,047,240.00 - 14,436,820.48

3 4 5
7,876,400.00 8,363,440.00 14,870,361.00
(6000 venta)

3 4 5
21,632,000.00 22,497,200.00 23,397,200.00
- 13,730,200.00 - 14,110,894.00 - 14,502,384.48
-3000000 -3000000 -3000000

3000000
1000000
ompra - amortizacin
4,901,800.00 5,386,306.00 6,894,815.52
1,715,630.00 1,885,207.10 2,413,185.43

3 4 5
6,160,770.00 6,478,232.90 12,457,175.57

1+8%)^3+ (6478232.9/1+8%)^4+ (12457175.57/1+8%)^5=

 3 4 5
21,632,000.00 22,497,200.00 23,397,200.00
- 13,730,200.00 - 14,110,894.00 - 14,502,384.48
- 850,000.00 - 850,000.00 - 850,000.00
- 3,000,000.00 - 3,000,000.00 - 3,000,000.00

3000000
1000000
ompra - amortizacin
4,051,800.00 4,536,306.00 6,044,815.52
1,418,130.00 1,587,707.10 2,115,685.43

3 4 5
6,458,270.00 6,775,732.90 12,754,675.57

AO 3 AO 4 AO 5
100% 100% 100%
20,000.00 20,000.00 20,000.00

1,081.60 1,124.86 1,169.86

21,632,000.00 22,497,200.00 23,397,200.00

21,632,000.00 22,497,200.00 23,397,200.00

530.45 546.35 562.75
- 10,609,000.00 - 10,927,270.00 - 11,255,088.00
- 10,609,000.00 - 10,927,270.00 - 11,255,088.00

- 3,121,200.00 - 3,183,624.00 - 3,247,296.48

- 13,730,200.00 - 14,110,894.00 - 14,502,384.48
- 13,730,200.00 - 14,110,894.00 - 14,502,384.48

3 4 5
7,901,800.00 8,386,306.00 14,870,361.00
(6000 venta)

3 4 5
 21,632,000.00 22,497,200.00 23,397,200.00
- 13,730,200.00 - 14,110,894.00 - 14,502,384.48
- 850,000.00 - 850,000.00 - 850,000.00
-3000000 -3000000 -3000000

3000000
-1000000.00
ompra - amortizacin
4,051,800.00 4,536,306.00 6,044,815.52
1,418,130.00 1,587,707.10 2,115,685.43

3 4 5
6,483,670.00 6,798,598.90 12,754,675.57