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Datos

Costos de Operacin (ao 0)

DATOS

capacidad de la planta TM/ao


factor de servicio
Tm IPA/TM acetona
Materia Prima
Tm acetona/TM MIBK
acetona MMUS$
Inversion capital fijo (ao 0)
MIBK MMUS$
planta de acetona
Costos Variables (US$/TM)
planta de MIBK
Costos de Mano de Obra
planta de acetona
(MUS$/ao)
planta de MIBK
mantenimiento(% de inversion)
Costos Anuales
seguro (% inversion)
administrativos (% de ventas)
Gastos
ventas (% de ventas)
impuesto a la renta
despresiacion lineal
aos de operacin
aos de costruccion
reserva legal (% UN)
utilidad retenida (%UN)

Capital de Trabajo

Financiamiento

inventarion de materia prima (dias)


inventario de productos en proceso
(dias)
inventario de producto terminados
(dias)
cuentas por cobrar (dias de ventas)
cuentas por pagar (dias de materia
prima)

30

tasa de inflacion (anual)

4%

prestamo(MMUS$ del ao 0)
tasa de interes (anual)
plazo para amortizar (aos)
forma de pago

IPA
MIBK

1
0
0

740000
0.9
1.27
1.42
72
64
44
112
2200
1620
10%
2%
1%
0.50%
30%
sin valor al rescate
10
1
10%
1%

2
0
0

3
0
0

10
25
15
20

60
10%
4
amortizacion
constante

Precios(MUS$/TM)
4
0
0

5
0
0

6
0
0

7
0
0

8
0
0

9
0
0

10
0
0

Programa de Produccion (TM/DC)


1

10

Produccion
Acetona

2591.01 2591.01

2591.01 2591.01

2591.01

2591.01 2591.01 2591.01 2591.01 2591.01

MIBK

1824.66 1824.66

1824.66 1824.66

1824.66

1824.66 1824.66 1824.66 1824.66 1824.66

IPA

3290.59 3290.59

3290.59 3290.59

3290.59

3290.59 3290.59 3290.59 3290.59 3290.59

Acetona

2591.01 2591.01

2591.01 2591.01

2591.01

2591.01 2591.01 2591.01 2591.01 2591.01

Requerimiento

Ingresos por ventas (US$ de 0)

Ventas (TM/DC)
Precio (MUS$/TM)
MUS$/DC
MMUS$/ao

1
2
1824.6
6
1824.66

4
1824.6
1824.66
6

1824.66

10

1824.66 1824.66 1824.66 1824.66 1824.66

1.25
2280.8
2244.33
2

2244.33

2226.08 2244.33 2280.82 2244.33 2262.58

799.2

819.18

819.18

812.52

832.5

1.23

1.2
1.22
2189.5
9
2226.08
812.52

1.23

1.22

1.23

819.18

1.25

832.5

1.23

819.18

1.24

825.84

Costo de produccin de la acetona (US$ de 0)


Materia prima (IPA)
TM/DC
MUS$/TM
MUS$/DC
MMUS$/ao
Costos variables
TM de acetona/DC
US$/TM ( costos de
operacin)
MUS$/DC
MMUS$/ao
Costos fijos
(MMUS$/ao)
Mano de obra
Mantenimiento
Seguro
Total fijos
Costo de produccion
MMUS$/ao
MUS$/DC
MUS$/TM

10

3290.59
0.5
1645.29

3290.59
0.52
1711.11

3290.59
0.52
1711.11

3290.59
0.51
1678.20

3290.59
0.51
1678.20

3290.59
0.53
1744.01

3290.59
0.5
1645.29

3290.59
0.52
1711.11

3290.59
0.52
1711.11

3290.59
0.51
1678.20

600.5322 624.553488 624.553488

612.5428
636.56413
624.55348 624.55348 612.54284
44
612.542844
2
600.5322
8
8
4

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

44

44

44

44

44

44

44

44

44

44

114.0046 114.004602
114.0046
114.00460 114.00460 114.00460 114.00460 114.00460
03
7
114.0046027
03
114.0046027
27
27
27
27
27
41.61168 41.61168

41.61168 41.61168

41.61168

41.61168 41.61168 41.61168 41.61168 41.61168

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

2.2
7.2
1.44
10.84

652.98
1789.00
0.69

677.01
1854.81
0.72

677.01
1854.81
0.72

664.99
1821.90
0.70

664.99
1821.90
0.70

689.02
1887.71
0.73

652.98
1789.00
0.69

677.01
1854.81
0.72

677.01
1854.81
0.72

664.99
1821.90
0.70

Costo de produccin MIBK (US$ de 0)


1

10

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

2591.01

0.72

0.70

0.70

0.73

0.69

0.72

0.72

0.70

Materia prima
(acetona)
TM/DC
MUS$/TM

2591.01 2591.01
0.69

0.72

MUS$/DC

1789.00 1854.81

1854.81

1821.90

1821.90

1887.71

1789.00

1854.81

1854.81

1821.90

MMUS$/ao

652.98

677.01

677.01

664.99

664.99

689.02

652.98

677.01

677.01

664.99

TM (de MIBK)/DC
US$/TM (de costos de
operac)

1824.66 1824.66

1824.66

1824.66

1824.66

1824.66

1824.66

1824.66

1824.66

1824.66

112

112

112

112

112

112

112

112

112

112

MUS$/DC

204.36

204.36

204.36

204.36

204.36

204.36

204.36

204.36

204.36

204.36

MMUS$/ao
Costos fijos
(MMUS$/ao)

74.59

74.59

74.59

74.59

74.59

74.59

74.59

74.59

74.59

74.59

Mano de obra

1.62

1.62

1.62

1.62

1.62

1.62

1.62

1.62

1.62

1.62

Mantenimiento

6.4

6.4

6.4

6.4

6.4

6.4

6.4

6.4

6.4

6.4

Seguro

1.28

1.28

1.28

1.28

1.28

1.28

1.28

1.28

1.28

1.28

Total fijos

9.3

9.3

9.3

9.3

9.3

9.3

9.3

9.3

9.3

9.3

MMUS$/ao

736.88

760.90

760.90

748.89

748.89

772.91

736.88

760.90

760.90

748.89

MUS$/DC

2018.84 2084.65

2084.65

2051.74

2051.74

2117.56

2018.84

2084.65

2084.65

2051.74

1.14

1.12

1.12

1.16

1.11

1.14

1.14

1.12

Costos variables

Costo de produccion

MUS$/TM

1.11

1.14

Servicio de la deuda
0

60

45

30

15

Amortizacion

15

15

15

15

Intereses

4.5

1.5

amortizacion

14.42

13.87

13.33

12.82

Intereses

5.77

4.16

2.67

1.28

Moneda corriente
Deuda

Moneda constante
(US$ de 0)

Efecto de la inflacion
efecto de la inflacion
acumulado

0.58

0.58

1.13

1.71

1.67

3.37

2.18

5.55

(efecto sobre los


intereses)
(suma de los efectos de
inflacion)

Capital de trabajo (US$ de 0)


1

10

3290.587397

3290.587397

3290.5874

3290.587397

3290.587397 3290.587397 3290.587397 3290.587397 3290.587397

TM/DO 3656.20822 3656.208219

3656.208219

3656.20822

3656.208219

3656.208219 3656.208219 3656.208219 3656.208219 3656.208219

MTM/ao 109.686247 109.6862466


MUS$/TM
0.5
0.52

109.6862466
0.52

109.686247
0.51

109.6862466
0.51

109.6862466 109.6862466 109.6862466 109.6862466 109.6862466


0.53
0.5
0.52
0.52
0.51

MMUS$/ao 54.8431233 57.03684822

57.03684822

55.9399858

55.93998575

58.13371068 54.84312329 57.03684822 57.03684822 55.93998575

Activo circulante
Inv de materia prima(30 dias)
TM/DC 3290.5874

Inv. De prod. En proces (10 dias)


TM/DC 2591.0137

2591.013699

2591.013699

2591.0137

2591.013699

2591.013699 2591.013699 2591.013699 2591.013699 2591.013699

TM/DO 2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

2878.90411

MTM/ao 28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

28.7890411

MUS$/TM 0.69046217 0.715862166

0.715862166

0.70316217

0.703162166

0.728562166 0.690462166 0.715862166 0.715862166 0.703162166

MMUS$/ao 19.8777437 20.60898533

20.60898533

20.2433645

20.24336451

20.97460615 19.87774368 20.60898533 20.60898533 20.24336451

TM/DC 1824.65753 1824.657534

1824.657534

1824.65753

1824.657534

1824.657534 1824.657534 1824.657534 1824.657534 1824.657534

TM/DO 2027.39726

2027.39726

2027.39726

2027.39726

2027.39726

2027.39726

MTM/ao 50.6849315 50.68493151

50.68493151

50.6849315

50.68493151

50.68493151 50.68493151 50.68493151 50.68493151 50.68493151

MUS$/TM 1.10642024

1.14248824

1.14248824

1.12445424

1.12445424

1.16052224

1.10642024

1.14248824

1.14248824

1.12445424

MMUS$/ao 56.0788341

57.9069382

57.9069382

56.9928861

56.99288615

58.82099026 56.07883409

57.9069382

57.9069382

56.99288615

MUS$/DC 2189.58904 2226.082192

2244.328767

2280.82192

2244.328767

2226.082192 2244.328767 2280.821918 2244.328767 2262.575342

MMUS$/ao 32.8438356 33.39123288

33.66493151

34.2123288

33.66493151

33.39123288 33.66493151 34.21232877 33.66493151 33.93863014

163.643537 168.9440046

169.2177033

167.388565

166.8411679

MUS$/DC

1645.2937

1711.105447

1711.105447

1678.19957

1678.199573

1744.011321 1645.293699 1711.105447 1711.105447 1678.199573

MMUS$/ao
Capital de trabajo

32.905874

34.22210893

34.22210893

33.5639915

33.56399145

34.88022641 32.90587397 34.22210893 34.22210893 33.56399145

MMUS$/ao

130.737663 134.7218957

134.9955943

133.824574

133.2771765

136.4403136 131.5587586 135.5429916 134.9955943 133.5508751

130.737663 3.984232986

0.27369863

-1.1710206

-0.54739726

3.163137096 -4.881554959 3.984232986

Inv. De prod. Terminad (25 dias)

2027.39726

2027.39726

2027.39726

2027.39726

Cuentas por cobrar (15 dias)

Activo circulante (MMUS$/ao)


Pasivo circulante

171.32054

164.4646326 169.7651005 169.2177033 167.1148665

Cuentas por pagar (20 dias)

Capital de trabajo
MMUS$/ao

-0.54739726 -134.9955943

Estado de ganancias y perdidas proyectado- evaluacin econmica (MMUS$ de 0)


Ingresos

10

799.2

812.52

819.18

832.5

819.18

812.52

819.18

832.5

819.18

825.84

Egtresos
Materia prima
costos variables

Costos fijos
Gastos de produccion
Utilidad bruta

612.5428
636.56413
624.55348 624.55348 612.54284
44
612.542844
2
600.5322
8
8
4
116.2036
116.20368
8
116.20368 116.20368 116.20368 116.20368 116.20368 116.20368

600.5322 624.553488 624.553488


116.20

116.20368

20.14
20.14
20.14
20.14
20.14
20.14
20.14
20.14
20.14
20.14
736.8758
748.8865
772.90781
760.89716 760.89716 748.88652
8
760.897168 760.897168
24
748.886524
2
736.87588
8
8
4
83.61347
62.32412 51.622832 58.282832
6
70.293476 39.612188 82.30412 71.602832 58.282832 76.953476

Gastos administrativos

7.992

8.1252

8.1918

Gastos de ventas

3.996

4.0626

4.0959

Utilidad de operacin
depreciacion
Renta neta
impuesto a la renta
utilidad neta
reserva legal

utilidad retenida
dividendos
Perdida

50.33612 39.435032
13.6

13.6

36.73612 25.835032
11.02083
6
7.7505096
25.71528
4
18.0845224
2.571528
4
1.80845224
0.257152 0.18084522
84
4
22.88660 16.0952249
28
4
0

8.325

8.1918

4.1625
4.0959
71.12597
45.995132
6
58.005776
13.6

13.6
57.52597
32.395132
6
17.25779
9.7185396
28
40.26818
22.6765924
32
4.026818
2.26765924
32
0.402681
0.226765924
83
35.83868
20.18216724
3
0

13.6
44.405776
13.3217328
31.0840432
3.10840432

0.310840432
27.66479845
0

8.1252

8.1918

8.325

8.1918

8.2584

4.0626

4.0959

4.1625

4.0959

4.1292

27.424388 70.01642 59.115332 45.995132 64.565876


13.6

13.6

13.6

13.824388 56.41642 45.515332


13.654599
4.1473164 16.924926
6
31.860732
9.6770716 39.491494
4
0.9677071
3.1860732
6
3.9491494
4
0.0967707 0.3949149 0.3186073
16
4
24
8.6125937 35.147429 28.356051
24
66
84
0

13.6

13.6

32.395132 50.965876
15.289762
9.7185396
8
22.676592 35.676113
4
2
2.2676592 3.5676113
4
2
0.2267659 0.3567611
24
32
20.182167 31.751740
24
75
0

0
Inversion
capital fijo

utilidad neta
depreciacion

10

136
130.7376 3.984232 0.2736 1.1710206 0.54739 3.16313 4.88155 3.98423 0.54739 134.99
627
986
9863
03
726
7096
4959
2986
726
559

Capital de trabajo

total inversion

Flujo de caja proyectado- evaluacin econmica (MMUS$ de 0)


2
3
4
5
6
7
8

130.7376 3.984232 0.2736


136
627
986
9863
25.71528 18.08452 22.676
4
24
5924
13.6
13.6
13.6

1.1710206 0.54739 3.16313 4.88155 3.98423 0.54739 134.99


03
726
7096
4959
2986
726
559
40.268183 31.0840 9.67707 39.4914 31.8607 22.6765 35.676
2
432
16
94
324
924
1132
13.6
13.6
13.6
13.6
13.6
13.6
13.6

91.42237 27.70028 36.002 55.039203 45.2314 20.1139 57.9730 41.4764 36.8239 184.27
Flujo neto de fondos -136
871
941
8938
8
4046
345
4896
9941
8966 1708
91.42237
Aportes
136
871
0
0
0
0
0
0
0
0
0
22.88660 16.095 20.182167 35.8386 27.6647 8.61259 35.1474 28.3560 20.182
Dividendos
0
0
276
2249
24
8305
9845
3724
2966
5184 1672

Saldo anual

Caja acumulada

4.813686 19.907 34.857036 9.39275 7.55086 49.3604 6.32906 8.46793 164.08


654
6688
57
7412
3944
5523
9754
7824
954
4.813686 24.721 59.578392 68.9711 61.4202 110.780 117.109 125.577 289.66
654
3555
05
4947
8552
7408
8105
7483 7289

Balance general proyectado- evaluacin econmica (MMUS$ de 0)


0

10

Activo
Caja Banco

Inventario de materia prima


Inv. De productos en
proceso
Inv. De productos
terminados
cuentas por cobrar
activo o intangible neto

136

Total activo

136

4.81368665
0
4
54.8431232 57.0368482
9
2
19.8777436 20.6089853
8
3
56.0788340
9
57.9069382
32.8438356 33.3912328
2
8

24.7213
555
57.0368
482
20.6089
853
57.9069
382
33.6649
315

59.57839205
55.93998575
20.24336451
56.99288615
34.21232877

122.4
108.8
95.2
81.6
286.043536 282.557691 289.139
7
3
059 308.5669572

68.971149 61.420285 110.78074 117.10981 125.57774 289.667


47
52
08
05
83
289
55.939985 58.133710 54.843123 57.036848 57.036848
75
68
29
22
22
0
20.243364 20.974606 19.877743 20.608985 20.608985
51
15
68
33
33
0
56.992886 58.820990 56.078834 57.906938 57.906938
15
26
09
2
2
0
33.664931 33.391232 33.664931 34.212328 33.664931
51
88
51
77
51
0
2.4869E
68
54.4
40.8
27.2
13.6
-14
303.81231 287.14082 316.04537 314.07491 308.39545 289.667
74
55
33
1
16
289

Pasivo corto plazo:

32.9058739 34.2221089 34.2221


33.563991 34.880226 32.905873 34.222108 34.222108
7
3
089 33.56399145
45
41
97
93
93
0
22.8866027 16.0952249 20.1821
27.664798 8.6125937 35.147429 28.356051 20.182167 31.7517
6
4
672 35.83868305
45
24
66
84
24
407

cuentas por pagar


dividendos
Patrimonio:
capital social (suma de los
aportes)

136

reserva legal acumulada


Utilidad retenuda
acumulada
Perdida acumulada
Total Pasivo

136

227.422378 227.422378 227.422


7
7
379 227.4223787
6.64763
2.5715284 4.37998064 988
10.6744582
0.43799806 0.66476
0.25715284
4
399
1.06744582
0
0
0
0
286.043536 282.557691 289.139
7
3
059 308.5669572

227.42237 227.42237 227.42237 227.42237 227.42237 227.422


87
87
87
87
87
379
13.782862 14.750569 18.699719 21.885792 24.153451 27.7210
52
68
08
32
56
629
1.3782862 1.4750569 1.8699719 2.1885792 2.4153451 2.77210
52
68
08
32
56
629
0
0
0
0
0
0
303.81231 287.14082 316.04537 314.07491 308.39545 289.667
74
55
33
1
16
289

Estado de ganancias y perdidas proyectado- evaluacin financiera (MMUS$ de 0)


Ingresos
Egtresos

1
799.2

2
812.52

3
819.18

4
832.5

5
819.18

612.54284
4
612.542844

6
812.52

7
819.18

8
832.5

9
819.18

10
825.84

Materia prima

600.5322 624.553488

624.553488

costos variables
Costos fijos

116.2036
8
116.20368
20.14
20.14

116.20368 116.20368
20.14
20.14

gatos de produccioon

736.8758
8
760.897168

760.897168

Utilidad bruta
Gastos administrativos
Gastos de ventas

62.32412 51.622832
7.992
8.1252
3.996
4.0626

58.282832 83.613476
8.1918
8.325
4.0959
4.1625

70.293476
8.1918
4.0959

39.612188
8.1252
4.0626

82.30412
8.1918
4.0959

71.602832 58.282832 76.953476


8.325
8.1918
8.2584
4.1625
4.0959
4.1292

Utilidad de operacin

50.33612 39.435032

45.995132 71.125976

58.005776

27.424388

70.01642

59.115332 45.995132 64.565876

gastos financieros
depreciacion

5.769230
1.2822062
77
4.160502959 2.666989076
9
13.6
13.6
13.6
13.6

13.6

13.6

13.6

Renta neta

30.96688
56.243769
92
21.67452904 29.72814292
7

44.405776

13.824388

56.41642

impuesto a la renta

9.290066
16.873130
77
6.502358712 8.918442877
9
13.3217328

4.1473164 16.924926 13.6545996 9.7185396 15.2897628

utilidad neta

21.67682
39.370638
25
15.17217033 20.80970005
8
31.0840432

9.6770716 39.491494 31.8607324 22.6765924 35.6761132

reserva legal

2.167682
3.9370638
25
1.517217033 2.080970005
8
3.10840432

0.96770716 3.9491494 3.18607324 2.26765924 3.56761132

utilidad retenida

0.216768
22
0.151721703

dividendos

19.29237
35.039868
8.61259372 35.1474296 28.3560518 20.1821672 31.7517407
2
13.50323159 18.52063304
5
27.66479845
4
6
4
4
5

Perdida

0.208097

636.564132 600.5322 624.553488 624.553488 612.542844

116.20368
20.14

116.20368 116.20368 116.20368 116.20368 116.20368


20.14
20.14
20.14
20.14
20.14

748.88652
4
748.886524

772.907812 736.87588 760.897168 760.897168 748.886524

13.6

13.6

13.6

45.515332 32.395132 50.965876

0.3937063
0.09677071
0.31860732 0.22676592 0.35676113
9
0.310840432
6
0.39491494
4
4
2

Flujo de caja proyectado- evaluacin financiera (MMUS$ de 0)


0

10

Inversion
capital fijo

76
14.4230769
13.33494
2
13.8683432
54
12.82206287

Amortizacion de la deuda

Capital de trabajo

130.737662
0.273698
3.16313709 4.88155495 3.98423298
134.995
7
3.984232986
63
-1.171020603 0.54739726
6
9
6
0.54739726 59

total inversion

145.160739
13.60864
3.16313709 4.88155495 3.98423298
134.995
6
17.85257618
4
11.65104226 0.54739726
6
9
6
0.54739726 59

76

21.6768224
6
15.17217033 20.8097

utilidad neta
depreciacion

13.6

13.6

13.6

39.3706388 31.0840432 9.6770716 39.491494 31.8607324 22.6765924


13.6

13.6

13.6

13.6

13.6

13.6

35.6761
132
13.6

Flujo neto de fondos

-76

109.883917
20.80105
45.2314404
57.9730489 41.4764994 36.8239896 184.271
2
10.91959415
6
41.31959654
6
20.1139345
6
1
6
708

Aportes

76

109.883917
2

Dividendos

19.29237199

7.297824
10.1915719 7.55086394 49.3604552 6.32906975 8.46793782 164.089
8.372777843
44
22.7989635
3
4
3
4
4
54

1.074953
31.9155820 24.3647180 73.7251733 80.0542430 88.5221808 252.611
4
21.7240101
2
8
2
7
9
721

Saldo anual

Caja acumulada

13.50323
35.0398685 27.6647984 8.61259372 35.1474296 28.3560518 20.1821
16
18.52063304
3
5
4
6
4
672

Balance general proyectado- evaluacin financiera (MMUS$ de 0)


0

10

Activo

Caja Banco
Inventario de materia
prima
Inv. De productos en
proceso
Inv. De productos
terminados

19.87774368 20.60898533
56.07883409 57.9069382

32.84383562 33.39123288

activo o intangible neto

136

Total activo
Pasivo corto plazo:

136

cuentas por pagar

dividendos
Pasivo a largo plazo
Deuda
Patrimonio:
capital social (suma de los
aportes)

15

45

76

Perdida acumulada

Total Pasivo

122.4

136

55.93998575

20.24336451
56.99288615

34.21232877

95.2
81.6
263.3427
286.0435367 277.7440046
5
270.7125753

15

15

30

15

31.9155820 24.3647180 73.7251733 80.0542430 88.5221808 252.611


2
8
2
7
9
721
55.9399857 58.1337106 54.8431232 57.0368482 57.0368482
5
8
9
2
2
0
20.2433645 20.9746061 19.8777436 20.6089853 20.6089853
1
5
8
3
3
0
56.9928861 58.8209902 56.0788340
5
6
9
57.9069382 57.9069382
0
33.6649315 33.3912328 33.6649315 34.2123287 33.6649315
1
8
1
7
1
0
2.4869E68
54.4
40.8
27.2
13.6
14
266.756749
278.989805 277.019343 271.339884 252.611
9
250.085258
9
6
2
721

34.22210
33.5639914 34.8802264 32.9058739 34.2221089 34.2221089
89
33.56399145
5
1
7
3
3

15
0
0
0
0
0
0
0
18.52063
27.6647984 8.61259372 35.1474296 28.3560518 20.1821672 31.7517
19.29237199 13.50323159
3
35.03986853
5
4
6
4
4
407

185.8839
185.883917 185.883917 185.883917 185.883917 185.883917 185.883
17
185.8839172
2
2
2
2
2
917
5.765869
12.8113374 13.7790446 17.7281940 20.9142672 23.1819265 26.7495
2.167682246 3.684899279
28
9.702933164
8
4
4
8
2
378
0.576586
1.28113374 1.37790446 1.77281940 2.09142672 2.31819265 2.67495
0.216768225 0.368489928
93
0.970293316
8
4
4
8
2
378
185.8839172 185.8839172

21.7240101

108.8

32.90587397 34.22210893

reserva legal acumulada


Utilidad retenida
acumulada

ajuste por inflacion

54.84312329 57.03684822

cuentas por cobrar

Amortizacion de la deuda

1.074953
4
57.03684
82
20.60898
53
57.90693
82
33.66493
15

5.427841952

0
0
0
0
0
0
0
0
3.373634
5.55157163 5.55157163 5.55157163 5.55157163 5.55157163 5.55157
0.576923077 1.708579882
5
5.551571636
6
6
6
6
6
164
263.3427
266.756749
278.989805 277.019343 271.339884 252.611
286.0435367 274.7990687
5
270.7125753
9
250.085258
9
6
2
721

RESUMEN
0

Flujo neto de fondos


economica

Flujo neto de fondos


financiera

Inversion economica

Inversion financiera

10

-136

-76

109.883917 10.9195941 20.8010


45.231440 20.113934 57.973048 41.476499 36.823989 184.271
2
5
56
41.31959654
46
5
96
41
66
708
799.2

-136

ingresos financiero

Egresos financiero

91.4223787 27.7002894 36.0028


45.231440 20.113934 57.973048 41.476499 36.823989 184.271
1
1
938
55.0392038
46
5
96
41
66
708

ingresos economico

Egresos economico

812.52

819.18

832.5

819.18

812.52

819.18

832.5

819.18

825.84

890.622378 784.819710 783.177


773.94855 792.40606 761.20695 791.02350 782.35601 641.568
7
6
106 -777.4607962
95
55
1
06
03
29
799.2

812.52

819.18

832.5

819.18

812.52

819.18

832.5

819.18

825.84

-76

909.083917 801.600405 798.378


773.94855 792.40606 761.20695 791.02350 782.35601 641.568
2
9
944 -791.1804035
95
55
1
06
03
29

136

130.737662 3.98423298 0.27369


0.5473972 3.1631370 4.8815549 3.9842329 0.5473972 134.995
7
6
863 -1.171020603
6
96
59
86
6
59

76

145.160739 17.8525761 13.6086


0.5473972 3.1631370 4.8815549 3.9842329 0.5473972 134.995
6
8
44
11.65104226
6
96
59
86
6
59

ndices de Rentabilidad
VPN, TIR, B/C, IVP, Tiempo de
recupero

ndices de rentabilidad
El anlisis de rentabilidad del proyecto, e hizo
determinando los ndices VPN, TIR, B/C e IVP
Donde:
TD=15%
Perodo de duracin del proyecto:10 aos

Los resultados se muestran a continuacin:

ndices de rentabilidad
Tabla N1 ndices de rentabilidad del proyecto

VPN ($)

TIR (%)

B/C

IVP15%,0

E. Econmica -16.86

13.40

0.996

-0.077

E. Financiera

14.62

0.999

-0.017

-3.44

ndices de rentabilidad

Tabla N2 VPNA hasta el ao j para la evaluacin econmica y financiera


0

10

E. E.

-136

-216

-195

-171

-140

-117

-109

-87

-73

-63

-17

E. F.

-76

-172. -164

-150

-126

-104

-95

-63

-60

-49

-4

ndices de rentabilidad
Tiempo de recupero
Evaluacin Econmica
0
0

-50

VPNA

-100

-150

-200

-250

Ao J

10

12

ndices de rentabilidad
Tiempo de recupero
Evaluacin Financiera
0
0

-20
-40
-60

VPNA

-80
-100
-120
-140
-160
-180
-200

Ao J

10

12