Académique Documents
Professionnel Documents
Culture Documents
Detalle de Inversiones
Computadores (Servidores)
STORAGE
Aire Acondionado (centro de Computo)
Computadores (PC) Costos
Software (aplicacion)
Software (Contable)
Switch de comunicacin 24 puertos
Armario para el cableado
UPS
TOTAL
en Maquinaria
oduccion
Vida Util (Aos)
5
5
5
5
5
5
5
10
5
Tipo
Costo
Costo
Costo
Costo
Diferido
Diferido
Costo
Costo
Costo
Depreciacion
Costo
Amortizar
2,931,840
2,000,000
350,280
960,000
3,000,000
400,000
1,440,000
180,000
1,223,280
9,085,400
3,400,000
Detalle de Inversiones
Computadores (PC) Ventas
dministracion
Depreciacin ao
450,000
15,000
60,000
20,000
234,000
20,000
90,000
300,000
1,120,000
60,000
207,360
2,576,360
de Ventas
Depreciacin ao
480,000
480,000
CARGO
Analista de operaciones
Director de sistemas
Soporte
Soporte (Noche)
VALOR
MENSUAL
$ 1,800,000
$ 2,500,000
$ 700,000
$ 700,000
TOTAL
Aux
R. Nocturno
Transporte
35%
$ 70,500
$ 70,500
$ 245,000
Dominicales
(2 Domingos)
8 horas - 100%
$ 240,000
$ 333,333
$ 93,333
$ 219,333
Devengado
$ 2,040,000
$ 2,833,333
$ 863,833
$ 1,234,833
$ 6,972,000
Pensin
12%
$ 244,800
$ 340,000
$ 103,660
$ 148,180
$ 836,640
Arp
1,044%
$ 21,298
$ 29,580
$ 9,018
$ 12,892
$ 72,788
CCF
4%
$ 81,600
$ 113,333
$ 34,553
$ 49,393
$ 278,880
ICBF
3%
$ 61,200
$ 85,000
$ 25,915
$ 37,045
$ 209,160
SENA
2%
$ 40,800
$ 56,667
$ 17,277
$ 24,697
$ 139,440
Prima
(1/12)
$ 170,000
$ 236,111
$ 71,986
$ 102,903
$ 581,000
Cesantias
(1/12)
$ 170,000
$ 236,111
$ 71,986
$ 102,903
$ 581,000
Int
Cesantias
1%
$ 20,400
$ 28,333
$ 8,638
$ 12,348
$ 69,720
Vacaciones
(1/24)
$ 85,000
$ 118,056
$ 35,993
$ 51,451
$ 290,500
Dotacion
0,5
Total
Trabajador
$ 90,000 $ 3,198,498
$ 125,000 $ 4,442,358
$ 35,000 $ 1,351,286
$ 35,000 $ 1,916,606
$ 285,000 $ 10,908,748
CT. W
2
1
2
1
6
$ 76,763,942
$ 53,308,293
$ 32,430,869
$ 22,999,273
$ 185,502,378
Unidad
TOTAL
815,000
1,200
Total Ao
$ 978,000,000
$ 978,000,000
Servicio
Energia Electrica
Aseo
Acueducto
Telefonia Fija
Telefonia Celular
Internet
Arriendo
Canal GPRS
GG
Cantidad
Medida
Kw/hora
12
Cargo fijo
12
Mts
12
Cargo fijo
12
Cargo fijo
5
Cargo fijo
1
Mensual
12
Mensual
12
Totales
Costo
Unitario
250,000
26,000
300,000
50,000
80,000
100,000
4,000,000
262,524,900
Total
Ao
3,000,000
312,000
3,600,000
600,000
400,000
100,000
48,000,000
3,150,298,800
$ 3,206,310,800.00
Operacion)
Distribucin
Costos
Admon
50%
50%
1,500,000
1,500,000
156,000
156,000
1,800,000
1,800,000
300,000
300,000
200,000
200,000
50,000
50,000
24,000,000
24,000,000
3,150,298,800
$ 3,178,304,800.00 $ 28,006,000.00
Cantidad
2
1
1
6
2
1
1
Costo Total
7,329,600
14,659,200
10,000,000
10,000,000
1,751,400
1,751,400
800,000
4,800,000
3,600,000
7,200,000
1,800,000
1,800,000
6,116,400
6,116,400
$ 31,397,400 $ 46,327,000
duccin.
Depre Mensual
Depre Anual
244,320
166,667
29,190
80,000
120,000
15,000
101,940
757,117 $
2,931,840
2,000,000
350,280
960,000
1,440,000
180,000
1,223,280
9,085,400
Cantidad
Escritorio
Horno Microondas
Extintores
Archivador
Sillas
Sillas Espera
Secador de manos
Impresora
Computadores (PC) Admon
Telefonos
Video Beam
18
1
4
2
18
2
3
1
7
20
1
Total
Costo Total
250,000
4,500,000
150,000
150,000
150,000
600,000
100,000
200,000
130,000
2,340,000
100,000
200,000
300,000
900,000
1,500,000
1,500,000
800,000
5,600,000
30,000
600,000
1,036,800
1,036,800
4,546,800 $ 17,626,800
Cantidad
3
Total
800,000
800,000 $
Costo Total
2,400,000
2,400,000
nistracin.
Depre Mensual
Depre Anual
37,500
1,250
5,000
1,667
19,500
1,667
7,500
25,000
93,333
5,000
17,280
214,697 $
450,000
15,000
60,000
20,000
234,000
20,000
90,000
300,000
1,120,000
60,000
207,360
2,576,360
Ventas
Depre Mensual
Depre Anual
40,000
40,000 $
480,000
480,000
CARGO
Recepcion
Cafeteria
Director administrativo
Gerencia
Contador
Aux Contable
CARGO
Ejecutivo de cuenta
VALOR
MENSUAL
$ 600,000
$ 600,000
$ 2,100,000
$ 4,000,000
$ 1,500,000
$ 700,000
TOTAL
VALOR
MENSUAL
$ 1,300,000
TOTAL
Aux
R. Nocturno
Transporte
35%
Dominicales
(2 Domingos)
8 horas - 100%
$ 70,500
$ 70,500
Devengado
$ 670,500
$ 670,500
$ 2,100,000
$ 4,000,000
$ 1,500,000
$ 770,500
$ 9,711,500
$ 70,500
R. Nocturno
35%
Dominicales
(2 Domingos)
8 horas - 100%
Devengado
$ 1,300,000
$ 1,300,000
Pensin
12%
$ 56,993
$ 80,460
$ 56,993
$ 80,460
$ 178,500 $ 252,000
$ 340,000 $ 480,000
$ 127,500 $ 180,000
$ 65,493
$ 92,460
$ 825,478 $ 1,165,380
Arp
1,044%
$ 7,000
$ 7,000
$ 21,924
$ 41,760
$ 15,660
$ 8,044
$ 101,388
CCF
4%
$ 26,820
$ 26,820
$ 84,000
$ 160,000
$ 60,000
$ 30,820
$ 388,460
ICBF
3%
$ 20,115
$ 20,115
$ 63,000
$ 120,000
$ 45,000
$ 23,115
$ 291,345
SENA
2%
$ 13,410
$ 13,410
$ 42,000
$ 80,000
$ 30,000
$ 15,410
$ 194,230
Prima
(1/12)
$ 55,875
$ 55,875
$ 175,000
$ 333,333
$ 125,000
$ 64,208
$ 809,292
Cesantias
(1/12)
$ 55,875
$ 55,875
$ 175,000
$ 333,333
$ 125,000
$ 64,208
$ 809,292
Pensin
12%
$ 156,000
$ 156,000
Arp
1,044%
$ 13,572
$ 13,572
CCF
4%
$ 52,000
$ 52,000
ICBF
3%
SENA
2%
Prima
(1/12)
$ 39,000
$ 39,000
$ 26,000
$ 26,000
$ 108,333
$ 108,333
Cesantias
(1/12)
$ 108,333
$ 108,333
Int
Cesantias
1%
$ 6,705
$ 6,705
$ 21,000
$ 40,000
$ 15,000
$ 7,705
$ 97,115
Int
Cesantias
1%
$ 13,000
$ 13,000
Vacaciones
(1/24)
$ 27,938
$ 27,938
$ 87,500
$ 166,667
$ 62,500
$ 32,104
$ 404,646
Vacaciones
(1/24)
$ 54,167
$ 54,167
Dotacion
0,5
Total
Trabajador
$ 30,000 $ 1,051,690
$ 30,000 $ 1,051,690
$ 105,000 $ 3,304,924
$ 200,000 $ 6,295,093
$ 75,000 $ 2,360,660
$ 35,000 $ 1,209,067
$ 475,000 $ 15,273,125
Dotacion
0,5
$ 65,000
$ 65,000
Total
Trabajador
$ 2,045,905
$ 2,045,905
CT. W
1
1
1
1
1
2
7
CT. W
3
3
$ 12,620,280
$ 12,620,280
$ 39,659,088
$ 75,541,120
$ 28,327,920
$ 29,017,616
$ 197,786,305
$ 73,652,592
$ 73,652,592
Sevicio
Utiles y Papeleria
Aseo y Cafeteria
Servicio
Capacitaciones
Cartillas
volantes
Transporte
Pausa Publicitaria en Periodico AND
Total
Unidad de
de Medida
Unidad
Unidad
Unidad
Mes
Mes
Cantidad
Costo Unitario
52
1,000
10,000
360
4
$
15,000
1,500
200
10,000
1,000,000
1,026,700
Ao 1
780,000
1,500,000
2,000,000
3,600,000
4,000,000
11,880,000
VALOR AMO
ACTIVO INTANGIBLE
Gastos Preoperativos
$ 4,700,000
TOTAL AMORTIZAR
1
$ 940,000
$ 940,000
VALOR AMO
ACTIVO INTANGIBLE
Inversion de Obras Fijas
TOTAL AMORTIZAR
TOTAL AMORTIZACIN
$ 13,540,000
1
$ 2,708,000
$ 2,708,000
18,240,000 $ 3,648,000
gastos diferidos.
$ 940,000
$ 940,000
$ 940,000
$ 940,000
$ 940,000
VALOR AMORTIZACIN ANUAL
2
3
4
5
$ 940,000
$ 940,000
5
COSTO
Mano de Obra Directa
Mano de Obra Indirecta
Materiales Directos
Materiales Indirectas
Depreciacion
Servicios
Mantenimiento
SUBTOTAL
GASTOS DE ADMINISTRACION
Sueldos y Prestaciones
Otros Gastos
Preoperativos
Depreciacion Administrativos
Servicios
SUBTOTAL
GASTOS FIJOS
$
197,786,305
$
3,000,000
$
4,700,000
$
2,576,360
$
28,006,000
$
236,068,665
GASTOS VARIABLES
GASTOS DE VENTAS
Sueldos y Prestaciones
Otros Gastos
Depreciacion Ventas
SUBTOTAL
GASTOS FIJOS
$
73,652,592
$
11,880,000
$
480,000
$
86,012,592
GASTOS VARIABLES
TOTAL
COSTOS TOTALES
COSTO FIJO
$
COSTO VARIABLE
185,502,378
978,000,000
$
$
$
978,000,000 $
9,085,400
3,178,304,800
1,000,000
3,373,892,578
$ 1,300,081,257 $
3,373,892,578
4,673,973,835
Punto de equilibrio
Proyeccion Nmeros carreras por da
Cobro por carrera
814,168
$
22
CVU
CVU
3,373,892,578
293,100,360
11.51
CF
Qo
Qo
Qo
1,300,081,257
10.49
Qo
123,947,690
PV
CVU
1,300,081,257
$
22
11.51
Qo =
Qo =
123,947,690
2,726,849,176
$ 22
Valor en el punto de equilibrio
El anterior seria el costo ($) en punto de equilibrio,el valor que se tiene que conseguir para estar en el
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
123,947,690
140,000,000
160,000,000
180,000,000
200,000,000
220,000,000
240,000,000
Costo Fijo
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
1,300,081,257
Costo Variable
0
230,220,978
460,441,956
690,662,934
920,883,912
1,151,104,890
1,381,325,868
1,426,767,919
1,611,546,847
1,841,767,825
2,071,988,803
2,302,209,781
2,532,430,759
2,762,651,737
Costo Total
1,300,081,257
1,530,302,235
1,760,523,213
1,990,744,191
2,220,965,169
2,451,186,147
2,681,407,125
2,726,849,176
2,911,628,104
3,141,849,082
3,372,070,060
3,602,291,038
3,832,512,016
4,062,732,994
Ingreso Total
0
440,000,000
880,000,000
1,320,000,000
1,760,000,000
2,200,000,000
2,640,000,000
2,726,849,176
3,080,000,000
3,520,000,000
3,960,000,000
4,400,000,000
4,840,000,000
5,280,000,000
6,000,000,000
5,000,000,000
4,000,000,000
Punto de equilibrio
3,000,000,000
Costo Fijo
Costo Variable
2,000,000,000
Costo Total
Ingreso Total
1,000,000,000
0
Unidades
CONCEPTO
ACTIVOS FIJOS TANGIBLES.
Maquinaria y equipo.
Mobiliario y decoracin.
Muebels y equipo de oficina.
SUBTOTAL
ACTIVOS DIFERIDOS.
Adecuacion de Obras fisicas.
Gastos pre Operativos.
SUBTOTAL
TOTAL INVERSIN FIJA
$
$
$
$
63,327,000
3,056,360
66,383,360
$
$
$
$
13,540,000
4,700,000
18,240,000
84,623,360
Para el calculo del capital de trabajo se utiliza la siguiente expresin. -> ICT= CO(COPD)
INVERSION EN
CAPITAL DE
TRABAJO
COPD)
Costo de
operacin
promedio diario.
$
12,961,715
388,851,456
CONCEPTO
Costos de produccin.
Gastos administrativos.
Gasto de venta.
Total Costos Operacionales
COPD = Costo operacional anual/360
ICT= CO(COPD)
4,351,892,578
228,792,305
85,532,592
4,666,217,475
12,961,715
Capital de trabajo
$
388,851,456
AOS
0
388,851,456 $
$ 388,851,456 $
1
75,261,572 $
75,261,572 $
P = F /(1+i)n
P = 388.851.456/(1+0,024)^1
BCP mantiene proyeccin de inflacin anual en 2.4%
http://gestion.pe/economia/bcp-mantiene-proyeccion-inflacion-anual-24-2060989
2
75,261,572
75,261,572
nstantes.
AOS
$
$
3
75,261,572 $
75,261,572 $
4
75,261,572 $
75,261,572 $
5
75,261,572
75,261,572
AOS
0
388,851,456 $
1
75,261,572 $
2
75,261,572
$ 388,851,456 $
75,261,572 $
75,261,572
P = F /(1+i)n
P = 388.851.456/(1+0,024)^1
BCP mantiene proyeccin de inflacin anual en 2.4%
http://gestion.pe/economia/bcp-mantiene-proyeccion-inflacion-anual-24-2060989
os constantes.
AOS
$
3
75,261,572 $
4
75,261,572 $
5
75,261,572
75,261,572 $
75,261,572 $
75,261,572
AOS
0
388,851,456 $
$ 388,851,456 $
1
9,332,435 $
9,332,435 $
P = F /(1+i)n
P = 388.851.456/(1+0,024)^1
BCP mantiene proyeccin de inflacin anual en 2.4%
http://gestion.pe/economia/bcp-mantiene-proyeccion-inflacion-anual-24-2060989
2
9,556,413
9,556,413
orriente
AOS
$
$
3
9,785,767 $
9,785,767 $
4
10,020,626 $
10,020,626 $
5
10,261,121
10,261,121
AOS
0
388,851,456 $
1
9,332,435 $
2
9,556,413
$ 388,851,456 $
9,332,435 $
9,556,413
P = F /(1+i)n
P = 388.851.456/(1+0,024)^1
BCP mantiene proyeccin de inflacin anual en 2.4%
http://gestion.pe/economia/bcp-mantiene-proyeccion-inflacion-anual-24-2060989
nos corrientes
AOS
$
3
9,785,767 $
4
10,020,626 $
5
10,261,121
9,785,767 $
10,020,626 $
10,261,121
CONCEPTO
Activos
CAJA Y BANCOS
CUENTAS POR COBRAR
INVENTARIOS
TOTAL ACTIVOS CORRIENTES
Pasivos
Capital de trabajo
mento en produccin.
AOS
3
AOS
0
1
2
(388,851,456) $ (75,261,572) $ (75,261,572)
(84,623,360)
$ (473,474,816) $ (75,261,572) $ (75,261,572)
P = F /(1+i)n
P = -388.851.456/(1+0,024)^1
BCP mantiene proyeccin de inflacin anual en 2.4%
http://gestion.pe/economia/bcp-mantiene-proyeccion-inflacion-anual-24-2060989
os constantes
AOS
3
4
5
$ (75,261,572) $ (75,261,572) $ (75,261,572)
5
$
$
$
$
$
$
900,000
4,745,000
5,645,000
765,159,317
776,449,317
ao
3
$
$
185,502,378
9,085,400
$
$
189,954,435
9,085,400
$
$
189,954,435
9,085,400
194,587,778
199,039,835
199,039,835
978,000,000
$ 1,001,472,000
$ 1,001,472,000
$ 3,179,304,800
$ 3,179,304,800
$ 3,179,304,800
Subtotal Gastos
Generales de Produccion
$ 4,157,304,800
$ 4,180,776,800
$ 4,180,776,800
$ 4,351,892,578
$ 4,379,816,635
$ 4,379,816,635
PRODUCCION
o
4
$
$
189,954,435
9,085,400
$
$
189,954,435
9,085,400
199,039,835
199,039,835
$ 1,001,472,000
$ 1,001,472,000
$ 3,179,304,800
$ 3,179,304,800
$ 4,180,776,800
$ 4,180,776,800
$ 4,379,816,635
$ 4,379,816,635
$
$
$
$
$
1
2
197,786,305 $ 197,786,305 $
28,006,000 $ 28,006,000 $
3,000,000 $
3,000,000 $
2,576,360 $
2,576,360 $
4,700,000 $
4,700,000 $
ao
3
4
197,786,305 $ 197,786,305
28,006,000 $ 28,006,000
3,000,000 $
3,000,000
2,576,360 $
2,576,360
4,700,000 $
4,700,000
$
$
$
$
$
5
197,786,305
28,006,000
3,000,000
2,576,360
4,700,000
$ 236,068,665
1
$ 73,652,592
$ 11,880,000
$
480,000
2
$ 73,652,592
$ 11,880,000
$
480,000
ao
3
$ 73,652,592
$ 11,880,000
$
480,000
$ 86,012,592
$ 86,012,592
$ 86,012,592
4
$ 73,652,592
$ 11,880,000
$
480,000
$ 86,012,592
5
$ 73,652,592
$ 11,880,000
$
480,000
$ 86,012,592
1
$ 4,351,892,578
$
236,068,665
$
86,012,592
2
$ 4,379,816,635
$
236,068,665
$
86,012,592
ao
3
$ 4,379,816,635
$
236,068,665
$
86,012,592
OPERACIONALES
o
4
$ 4,379,816,635
$
236,068,665
$
86,012,592
5
$ 4,379,816,635
$
236,068,665
$
86,012,592
$ 4,701,897,892 $ 4,701,897,892
AOS
0
1
2
(388,851,456) $ (75,261,572) $ (75,261,572)
(84,623,360)
Valor Residual
Total Inversin
nciamiento.
AOS
3
4
5
$ (75,261,572) $ (75,261,572) $ 765,159,317
5,645,000
Distribucin de aportes
Socios
Porcentaje
Valor
Duvan
10%
25,000,000,000
Diana
10%
25,000,000,000
Ruby
10%
25,000,000,000
Fabian
20%
12,500,000,000
Nidia
10%
25,000,000,000
Daniel
10%
25,000,000,000
Edgar
30%
8,333,333,333
Total Aporte
$
2,500,000,000
Valor financiamiento
"Bancos"
1,000,000,000
Total Inversin
3,500,000,000
Crdito Bancario
P
i
n
A
=
=
=
=
23.87%
1,000,000,000
0.2387000
5 aos
Valor Cuota a Calular
363,263,618.92
DETALLE
(59,927,000)
(15,226,800)
$
Activos Diferidos
Gastos preoperativos
Obras fisicas
Otros Diferidos
(75,153,800) $
(4,700,000)
(13,540,000)
(3,400,000)
(21,640,000) $
Capital de Trabajo
Total Inversin
nciamiento.
AOS
3
$ (75,261,572) $ (75,261,572) $
$ (75,261,572) $ (75,261,572)
PAGO ANUAL
0
1
2
3
4
5
TOTAL
VALOR
INTERESES SOBRE
DISPONIBLE PARA SALDO A FINAL DE AO
SALDOS
AMORTIZAR
-363,263,619
-363,263,619
-363,263,619
-363,263,619
-363,263,619
-238,700,000
-208,966,664
-172,135,981
-126,513,814
-70,001,635
-816,318,095
1,000,000,000
875,436,381
721,139,426
530,011,788
293,261,983
0
-124,563,619
-154,296,955
-191,127,638
-236,749,805
-293,261,983
-1,000,000,000
0.024
238,700,000.00
1.024
233,105,469
208,966,664.16
1.048576
199,286,141
172,135,981.06
1.073741824
160,314,125
126,513,813.91
1.099511628
115,063,643
70,001,635.45
1.125899907
62,173,942
124,563,618.92
1.024
154,296,954.75
1.048576
191,127,637.85
1.073741824
236,749,805.01
1.099511628
293,261,983.47
1.125899907
121,644,159
147,149,043
178,001,484
215,322,693
260,468,965
1
233,105,469
121,644,159
1/(1,024^1)
2
199,286,141
147,149,043
1/(1,024^2)
3
160,314,125
178,001,484
1/(1,024^3)
4
115,063,643
215,322,693
1/(1,024^4)
5
62,173,942
260,468,965
1/(1,024^5)
AOS
0
5,000,000,000 $
4,673,973,835 $
5,120,000,000
4,701,897,892
Utilidad Operacional
326,026,165 $
418,102,108
Menos Impuestos
107,588,635 $
137,973,696
Utilidad Neta
218,437,531 $
280,128,413
12,141,760 $
4,700,000 $
12,141,760
4,700,000
Mas Depreciacin
Mas Amortizacion de Diferidos
Flujo neto de operacin sin financiemiento
$ 10,342,867,925 $ 10,674,943,868
$
$
5,242,880,000 $
4,701,897,892 $
5,368,709,120 $
4,701,897,892 $
5,497,558,139 $
4,701,897,892 $
5,629,499,534
4,701,897,892
540,982,108 $
666,811,228 $
795,660,247 $
927,601,642
178,524,096 $
220,047,705 $
262,567,882 $
306,108,542
362,458,013 $
446,763,523 $
533,092,366 $
621,493,100
$
$
12,141,760 $
4,700,000 $
12,141,760 $
4,700,000 $
12,141,760 $
4,700,000 $
12,141,760
4,700,000
CONCEPTO
(473,474,816) $
(75,261,572)
$ 10,342,867,925
(473,474,816) $ 10,267,606,353
$ 14,000,000,000
$ 12,000,000,000
$ 10,000,000,000
$ 8,000,000,000
$ 6,000,000,000
$ 4,000,000,000
$ 2,000,000,000
$$ (2,000,000,000)
(75,261,572) $
(75,261,572) $
4
(75,261,572) $
5
776,449,317
CONCEPTO
Inversin Fija
Intereses durante la implementacin
Capital de trabajo
Flujo neto de inversin
(84,623,360)
(388,851,456) $
(75,261,572)
(473,474,816) $
(75,261,572)
(75,261,572) $
(75,261,572) $
(75,261,572) $
(765,159,317)
(75,261,572) $
(75,261,572) $
(75,261,572) $
(765,159,317)
Cuadro 43. Flujo neto de operaciones financiero con financiamiento. (Trminos constante
CONCEPTO
Total Ingresos
Total Costos Operacionales
AOS
1
5,000,000,000 $
4,673,973,835 $
5,120,000,000
4,701,897,892
Utilidad Operacional
326,026,165 $
418,102,108
233,105,469 $
199,286,141
Utilidad Gravable
92,920,697 $
218,815,968
Menos Impuestos
30,663,830 $
72,209,269
295,362,335 $
345,892,839
12,141,760 $
4,700,000 $
12,141,760
4,700,000
Utilidad Neta
Mas Depreciacin
Mas Amortizacion de Diferidos
Flujo neto de operacin
$ 10,668,894,091 $ 11,093,045,976
$
$
5,242,880,000 $
4,701,897,892 $
5,368,709,120 $
4,701,897,892 $
5,497,558,139
4,701,897,892
540,982,108 $
666,811,228 $
795,660,247
160,314,125 $
115,063,643 $
62,173,942
380,667,983 $
551,747,585 $
733,486,305
125,620,434 $
182,076,703 $
242,050,481
415,361,674 $
484,734,525 $
553,609,766
$
$
12,141,760 $
4,700,000 $
12,141,760 $
4,700,000 $
12,141,760
4,700,000
Cuadro 44. Flujo financiero neto del proyecto con financiamiento. (Trminos c
AOS
CONCEPTO
(473,474,816) $
(75,261,572)
$ 10,668,894,091
(473,474,816) $ 10,593,632,518
$ 14,000,000,000
$ 12,000,000,000
$ 10,000,000,000
$ 8,000,000,000
$ 6,000,000,000
$ 4,000,000,000
$ 2,000,000,000
$$ (2,000,000,000)
(75,261,572) $
(75,261,572) $
4
(75,261,572) $
5
776,449,317
CONCEPTO
Inversin Fija
Intereses durante la implementacin
Capital de trabajo
(84,623,360)
(388,851,456) $
(75,261,572)
Valor Residual
Credito
1,000,000,000
Amortizacion Crdito
Flujo neto de inversin
(121,644,159)
526,525,184 $
(196,905,731)
(75,261,572) $
(75,261,572) $
(75,261,572) $
765,159,317
5,645,000
(147,149,043) $
(178,001,484) $
(215,322,693) $
(260,468,965)
(222,410,615) $
(253,263,056) $
(290,584,265) $
510,335,352
AOS
1
5,000,000,000 $
4,673,973,835 $
5,120,000,000
4,701,897,892
Utilidad Operacional
326,026,165 $
418,102,108
233,105,469 $
199,286,141
Utilidad Gravable
92,920,697 $
218,815,968
Menos Impuestos
30,663,830 $
72,209,269
295,362,335 $
345,892,839
12,141,760 $
4,700,000 $
12,141,760
4,700,000
Utilidad Neta
Mas Depreciacin
Mas Amortizacion de Diferidos
Flujo neto de operacin
$ 10,668,894,091 $ 11,093,045,976
es para el inversionista.
AOS
2
$
$
5,242,880,000 $
4,701,897,892 $
5,368,709,120 $
4,701,897,892 $
5,497,558,139
4,701,897,892
540,982,108 $
666,811,228 $
795,660,247
160,314,125 $
115,063,643 $
62,173,942
380,667,983 $
551,747,585 $
733,486,305
125,620,434 $
182,076,703 $
242,050,481
415,361,674 $
484,734,525 $
553,609,766
$
$
12,141,760 $
4,700,000 $
12,141,760 $
4,700,000 $
12,141,760
4,700,000
CONCEPTO
526,525,184 $
(196,905,731)
$ 10,668,894,091
526,525,184 $ 10,471,988,359
$ 14,000,000,000
$ 12,000,000,000
$ 10,000,000,000
$ 8,000,000,000
$ 6,000,000,000
$ 4,000,000,000
$ 2,000,000,000
$0
(222,410,615) $
(253,263,056) $
4
(290,584,265) $
5
510,335,352
INVERSIONES
(66,383,360)
(13,540,000)
(4,700,000)
(388,851,456) $
(473,474,816)
1,000,000,000
526,525,184 $
$
526,525,184
Costos de produccion
Gastos de Administracin
Gastos de Ventas
Total Costos Operacionales
Utilidad Operacional
Gastos Financieros
Utilidad Gravable
Impuestos
Utilidad Neta
Depreciasiones
Amortizacion diferidos
Flujo neto operacin
Flujo de fondos para el inversionista
(75,261,572)
(75,261,572)
(75,261,572)
(121,644,159)
(196,905,731)
$
5,000,000,000
5,000,000,000
$
$
$
$
$
$
$
$
$
$
$
$
4,351,892,578
236,068,665
86,012,592
4,673,973,835
326,026,165
233,105,469
92,920,697
30,663,830
62,256,867
12,141,760
4,700,000
79,098,627
526,525,184 $
(117,807,105)
(75,261,572) $
(75,261,572)
(75,261,572) $
(75,261,572)
$
$
(75,261,572) $
(121,644,159) $
(75,261,572) $
(121,644,159) $
(196,905,731)
(196,905,731)
(75,261,572)
(75,261,572)
(75,261,572)
(121,644,159) $
(121,644,159)
$
$
765,159,317
5,645,000
649,160,158
(196,905,731)
5,120,000,000 $
5,120,000,000
5,242,880,000 $
5,242,880,000
5,368,709,120 $
5,368,709,120
5,497,558,139
5,497,558,139
$
$
$
$
$
$
$
$
$
$
$
$
4,379,816,635
236,068,665
86,012,592
4,701,897,892
418,102,108
199,286,141
218,815,968
72,209,269
146,606,698
12,141,760
4,700,000
163,448,458
4,379,816,635
236,068,665
86,012,592
4,701,897,892
540,982,108
160,314,125
380,667,983
125,620,434
255,047,549
12,141,760
4,700,000
271,889,309
4,379,816,635
236,068,665
86,012,592
4,701,897,892
666,811,228
115,063,643
551,747,585
182,076,703
369,670,882
12,141,760
4,700,000
386,512,642
$
$
$
$
$
$
$
$
$
$
$
$
4,379,816,635
236,068,665
86,012,592
4,701,897,892
795,660,247
62,173,942
733,486,305
242,050,481
491,435,824
12,141,760
4,700,000
508,277,584
189,606,911 $
1,157,437,742
$
$
$
$
$
$
$
$
$
$
$
$
(33,457,273) $
$
$
$
$
$
$
$
$
$
$
$
$
74,983,577 $