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CALCUL RETOUR SUR INVESTISSEMENT

PROJET : Remplacement ligne 1 par nouvelle technologie RAC


Responsable : JL.DUPONT
Libell : Nouvelle ligne 1

Code Investissement :
Montant :
Catgorie investissement :

1125608
1600
Productif

1/ Grille oprationnel ( renseigner par le responsable du projet)


Descriptif de la rentabilit du projet :
GAINS

CHARGES +

Gain MO = 50000 heures par a


Gain matire

Perte 0,5% de rendement


Cot de maintenance supp.

1050 k <--0 k <--k <--k <--100 k <--30 k <--k <--k <---

saisie des gains MO escompts


saisie des gains matire
dispo
dispo
saisie des perte Matires
saisie des cot + entretien
dispo
dispo

Avantage(s) complmentaire(s) :
Gain sur la qualit produit + dpt de brevet associ
Copyright 2011 Bruno THIONNET Le contrle de gestion oprationnel
EN K
ANNEE 1 ANNEE 2 ANNEE 3

ANNEE 4 ANNEE 5

ANNEE 6

ANNEE 7

ANNEE 8

PRODUITS D'EXPLOITATION
Gain sur fabrication
Gain sur MOD

1,050

1,082

1,114

1,147

1,182

1,217

1,254

1,291

Gain sur matire

Gain sur cots industriels

Autres gains

1,050

1,082

1,114

1,147

1,182

1,217

1,254

1,291

100

103

106

109

113

116

119

123

30

30

30

30

30

30

30

30

130

133

136

139

143

146

149

153

TOTAL PRODUITS
CHARGES D'EXPLOITATION
Perte sur MOD
Perte sur matire
Cots Industriels Supplmentaires
Autres charges
TOTAL CHARGES

3/ Tableau de synthse (calculs en K) - produits = ""; charges = ()


TAUX DE L'IS

34.3%
ANNEE

TAUX D'ACTUALISATION

8.0%

(1,600)

PRODUITS D'EXPLOITATION

1,050

1,082

1,114

1,147

CHARGES D'EXPLOITATION

(130)

(133)

(136)

AMORTISSEMENT

(560)

(364)

360

INVESTISSEMENT

RESULTAT BRUT
EFFET IS
RESULTAT NET

AMORTISSEMENT (annulation)

1,182

1,217

1,254

1,291

(139)

(143)

(146)

(149)

(153)

(237)

(220)

(220)

585

741

788

820

1,071

1,104

1,138

(124)

(201)

(254)

(271)

(281)

(368)

(379)

(391)

236

384

487

518

538

703

725

748

(560)

(364)

(237)

(220)

(220)

FLUX NET DE TRESORERIE

(1,600)

796

748

723

737

758

703

725

748

FLUX DE TRESORERIE ACTUALISE

(1,600)

737

641

574

542

516

443

423

404

VALEUR ACTUALISEE NETTE (VAN)

(1,600)

(863)

(221)

353

895

1,411

1,854

2,277

2,681

(2.4)%

20.1%

31.6%

Err:523

Err:523

(FNTA cumul)
TAUX INTERNE DE RENTABILITE

PAY BACK DE
L'INVESTISSEMENT

(50.2)%

2 an(s)
5 mois

38.0%

41.4%

Copyright 2011 Bruno THIONNET Le contrle de gestion oprationnel

PROJECT : ligne 1 new technology


Project Manager:

G. MILES
Project:

New line 1

1/ Project information (to be fill in by the project manager)


Project information
GAINS

Labor cost gain = 50000 hours per year


Raw matrial savings

COSTS

yield degradation 0,5%


Additional maintenance costs

Supplementary benefit

Product quality improvement + patent registratio

IN K

YEAR 1

YEAR 2

1,050

1,208

Gain on raw material (Yield)

Savings on industrial fixed cost

Other gains

1,050

1,208

100

103

30

30

130

133

Savings
Productivity (production labour)

TOTAL GAINS
Supplementary costs
Production labour charges
Losses on raw material (Yield)
Supplementary industrial fixed costs
Other additional costs
TOTAL EXPENSES

COUNTRY INCOME TAX RATE


YEAR

33.3%
0

R1
R2
R3
R4
R5
R6
R7
R8

INVESTMENT (negative figures)


REVENUES
EXPENSES (negative figures)
DEPRECIATION
EARNINGS BEFORE TAXES
INCOME TAX
NET INCOME AFTER TAX
DEPRECIATION

R9 CASH FLOW

(300)
1,050
(130)
(60)
860
(287)

573
(60)
(300)

633

R10 ACTUALIZED CASH FLOW (month)

(300)

633

R11 ACTUALIZED CASH FLOW (accumulated)

(300)

333

R12 INTERNAL RATE OF RETURN

PAYBACK IN YEARS
INTERNAL RATE OF RETURN 3 YEARS
INTERNAL RATE OF RETURN 5 YEARS

111.12%
0.47
216.9%
Err:523

Investissement code :
Amount :
Investment category

= 50000 hours per year

1050 k <--0 k <--k <--k <--100 k <--30 k <--k <--k <---

enance costs

1125608
1600 K
Efficiency

Data entry for expected productivity


Data entry for raw mat gains
dispo
dispo
data entry for raw mat losses
data entry for maintenance costus
dispo
dispo

mprovement + patent registration

YEAR 3

YEAR 4

YEAR 5

YEAR 6

YEAR 7

YEAR 8

1,389

1,597

1,836

2,112

2,429

2,793

1,389

1,597

1,836

2,112

2,429

2,793

106

109

113

116

119

123

30

30

30

30

30

30

136

139

143

146

149

153

DISCOUNT RATE
2

2.5%
4

1,208
(133)

1,389
(136)

1,597
(139)

1,836
(143)

2,112
(146)

2,429
(149)

(60)
1,015
(338)

(60)
1,193
(397)

(60)
1,398
(466)

(60)
1,634
(545)

0
1,966
(655)

0
2,279
(760)

676
(60)

795
(60)

932
(60)

1,089
(60)

1,311
0

1,520
0

736

855

992

1,149

1,311

1,520

736

855

992

1,149

1,311

1,520

1,070

1,925

2,917

4,066

5,377

6,896

194.47%

216.94%

223.83%

Err:523

Err:523

Err:523

2,793
(153)
0
2,640
(880)

1,760
0
1,760
1,760
8,656
Err:523

RETURN ON INV
Comments/guidelines :
1) Definitions :

Payback : the expected number of years required to recover the original investment. Payback is a ty
It does not take into account the cost of capital.

Internal Rate of Return (IRR) : the discount rate at which a project's net present value equals zero.
The IRR is the annualized effective compounded rate which can be earned on the invested capital,
The internal rate of return for an investment is the discount rate that makes the net present value of

Net present value (NPV) : It measures the excess or shortfall of cash flows, in present value terms,
the present value of each cash flow discounted at the project's cost of capital and then summing tho

Discount rate : please use 8%.

RETURN ON
Project name/description:

Projet Sortie Thermo

Amount requested in K/ 2950K

Description of the project interest/profitability and assumptions (volumes, /kg, hourly rates,.)
Gain de 1100 k de MOD

Avantage complmentaire:
Bactrio/capacit exp vs sous colissages possibles en sortie thermo
Scurit/conditions de travail dans cette zone

Project name/description:

1) REVENUES AND EXPENSES


IN K

Year 1

Pro

REVENUES
Gain sur MOD
Gain sur matire
Gain sur cout industriel

1,100

TOTAL REVENUES

1,100

EXPENSES
Perte sur MOD
Perte sur matire
Cots industriels supplmentaires

TOTAL EXPENSES

Project name/description:
COUNTRY INCOME TAX RATE
YEAR

30.0%
0

INVESTMENT (negative figure)


REVENUES
EXPENSES
DEPRECIATION
EARNINGS BEFORE TAXES
INCOME TAX
NET INCOME AFTER TAX
DEPRECIATION

(1,600)

CASH FLOW

(1,600)

ACTUALIZED CASH FLOW (month)

(1,600)

ACTUALIZED CASH FLOW (accumulated)

(1,600)

INTERNAL RATE OF RETURN


PAYBACK IN YEARS

2.53

Pro

INTERNAL RATE OF RETURN 3 YEARS


INTERNAL RATE OF RETURN 5 YEARS

18.5%
41.5%

TURN ON INVESTMENT

investment. Payback is a type of "break-even" calculation.

present value equals zero.


ned on the invested capital, i.e: the yield on the investment.
kes the net present value of the investment's income stream total to zero.

ws, in present value terms, once financing charges are met. NPV is calculated by figuring
pital and then summing those discounted cashflows

RETURN ON INVESTMENT
Category : Productif

, /kg, hourly rates,.)


1100 k

ct name/description:
Year 2

Projet Sortie Thermo


Year 3

Year 4

Year 5

Year 6

Year 7

1,133

1,167

1,202

1,238

1,275

1,313

1,133

1,167

1,202

1,238

1,275

1,313

ct name/description:

Projet Sortie Thermo


DISCOUNT RATE

8.0%

1,050

1,208

1,389

1,597

1,836

2,112

320
1,370
(411)

320
1,528
(458)

320
1,709
(513)

320
1,917
(575)

320
2,156
(647)

0
2,112
(634)

959
320

1,069
320

1,196
320

1,342
320

1,510
320

1,478
0

639

749

876

1,022

1,190

1,478

592

642

695

751

810

932

(1,008)

(366)

329

1,081

1,890

2,822

(60.06)%

(8.75)%

18.47%

33.10%

41.49%

Err:523

Target 17% for Machinery


Target 17% for Buildings

Year 8

1,353

1,353

2,429

2,793

0
2,429
(729)

0
2,793
(838)

1,700
0

1,955
0

1,700

1,955

992

1,056

3,814

4,870

Err:523

Err:523