SUPUESTOS X1

Ventas totales
Incr. Venta Productos existentes
Incr. Venta Productos nuevos
Relación (Costo/ Ventas Totales)
Remodelacion Local comercial
Prestamo bancario
Periodo deuda (meses)
Incremento capital aportado
Incr. Prestamo bancario TEA
Incr. Prestamo bancario TEM
Depreciacion
Servicios publicos
Asesoria contable
Gastos varios
Incr. Gastos administrativos(inflación)
Otros ingresos
Impuesto
Inversion CDT
RENTABILIDAD CDT
Utilidad Retenida
CALCULO DEL WACC

𝑊𝐴𝐶𝐶=𝐸/(𝐸+𝐷)∗𝐾𝑒+𝐷/(𝐸+𝐷)∗𝐾𝑑∗(1−𝑇) 78.15
78.15

0.78
$ 11.61

21.85
78.15
$ 0.22
$ 4.79

$ 16.40

$ 2.84
$ 19.24

VALOERACION DE EMPRESAS

$
〖�𝐶�〗 _(𝑁+1 )/(𝑊𝐴𝐶𝐶−𝑓) 41,573,308
8.9882

EV $ 3,888,902
1.1924

3261407.24589064

$ 335,623,088.96

$ 339,262,570.96

X2
ESTADO DE RESULTADO
VENTAS REPUESTOS
Costo de venta
Inv. Inicial
Mas: compras
Menos: Inv final
UTILIDAD BRUTA
GASTOS ADMINISTRATIVO
SERVICIOS PUBLICOS
ASESORIA CONTABLE
GASTOS DIVERSOS
DEPRECIACION
GASTOS OPERACIONALES
SUPUESTO A IMPLEMENTAR
X3
DATOS HISTÓRICOS
X3
$ 43,200,000
$ 24,192,000
$ 5,780,000
$ 27,332,000
$ 8,920,000
$ 19,008,000
$ 3,223,000
$ 250,000
$ 338,000
$ 3,811,000
UTILIDAD OPERACIONAL
OTROS GASTOS
OTROS INGRESOS
INGRESOS RENTABILIDAD CDT
UTILIDAD ANTES IMPUESTOS
Provision Impuesto a la Renta
UTILIDAD NETA
ESTADO DE SITUACION
ACTIVO
Caja y bancos
Cuentas por cobrar
Inventario
Inversion CDT
TOTAL ACTIVO CORRIENTE
Activo Fijo
Casa
Local comercial
Construcciones y edificaciones
Muebles y enseres
Moto susuky placa oyy18A
Depreciacion acumulada
TOTAO ACTIVO FIJO
TOTAL ACTIVO
PASIVO
Obligaciones Financieras CP
Cuentas por pagar
Costos y gastos por pagar
Imporenta por pagar
Cesantia por pagar
Total PASIVO CORRIENTE
Obligaciones Financieras LP
Total PASIVO CORRIENTE
PATRIMONIO
Capital Aportado
Utilidades retenidas
Utilidad del ejercicio
Total Patrimonio
$ 15,197,000
$ 210,000
$ 1,380,000
$ 16,367,000
$ 16,367,000
DATOS HISTORICOS
X3
$ 2,598,000
$ 1,265,000
$ 8,920,000
$ 12,783,000
$ 30,000,000
$ 16,000,000
$ 46,000,000
$ 2,000,000
$ 3,500,000
$ -
$ 51,500,000
$ 64,283,000
$ 2,800,000
$ 2,590,000
$ 526,000
$ -
$ 5,916,000
$ -
$ 5,916,000
$ 42,000,000
$ 16,367,000
$ 58,367,000
TOTAL PASIVO MAS PATRIMONIO $ 64,283,000

$ 14.86
21.85

$ 21.90
21.85

$ 462,530,017

$ 22,259,163 $ 28,303,503
1.42181776 1.695375497

15655426.1918912 16694533.4822185
SUPUESTO A IMPLEMENTAR
X4 X5 X6
12.14%
10% 10% 10%
10% 10% 10%
51% 51% 51%
$ 20,000,000.00
$ 15,000,000.00
60
$ 7,000,000.00
21.90%
1.66%
$ 5,090,000.00 $ 5,090,000.00 $ 5,090,000.00
11.20% 11.20% 11.20%
9.56% 9.56% 9.56%
29.14% 29.14% 29.14%
5% 5% 5%
17.93% 17.93% 17.93%

30%

DATOS HISTÓRICOS
X4 X5 X6
$ 49,849,000 $ 54,280,000 $ 70,564,000
$ 27,069,000 $ 28,442,000 $ 35,987,640

$ 8,920,000 $ 13,843,000 $ 16,112,000

$ 31,992,000 $ 30,711,000 $ 31,871,520
$ 13,843,000 $ 16,112,000 $ 11,995,880

$ 22,780,000 $ 25,838,000 $ 34,576,360

$ 6,925,800
$ 4,016,000 $ 3,945,000 $ 4,386,840
$ 270,000 $ 300,000 $ 328,680
$ 786,000 $ 535,000 $ 690,899
$ 5,090,000

$ 5,072,000 $ 4,780,000 $ 17,422,219

 $ 17,708,000 $ 21,058,000 $ 17,154,141

$ 350,000 $ 273,000 $ 2,935,156.00

$ 2,646,000 $ 1,875,000 $ 2,211,188

$ 20,004,000 $ 22,660,000 $ 16,430,173

$ 20,004,000 $ 22,660,000 $ 16,430,173

DATOS HISTORICOS
X4 X5 X6

$ 3,150,000 $ 3,071,000 $ 7,117,902

$ 2,800,000 $ 4,055,000 $ 5,880,333
$ 13,843,000 $ 16,112,000 $ 11,995,880

$ 19,793,000 $ 23,238,000 $ 24,994,115

$ 30,000,000 $ 30,000,000 $ 30,000,000

$ 23,000,000 $ 23,000,000 $ 43,000,000
$ 53,000,000 $ 53,000,000 $ 73,000,000
$ 2,000,000 $ 3,700,000 $ 3,700,000
$ 3,500,000 $ 3,500,000 $ 3,500,000
$ - $ - $ 5,090,000
$ 58,500,000 $ 60,200,000 $ 75,110,000
$ 78,293,000 $ 83,438,000 $ 100,104,115

$ 5,200,000 $ 4,350,000
$ 6,257,000 $ 7,890,000 $ 7,967,880
$ 832,000 $ 538,000
$ - $ -
$ 408,000
$ 12,289,000 $ 12,778,000 $ 8,375,880
$ - $ - $ 13,500,000
$ 12,289,000 $ 12,778,000 $ 21,875,880

$ 46,000,000 $ 48,000,000 $ 55,000,000

$ 6,798,000
$ 20,004,000 $ 22,660,000 $ 16,430,235
$ 66,004,000 $ 70,660,000 $ 78,228,235
$ 78,293,000 $ 83,438,000 $ 100,104,115

t7 $ 42,404,774.16
$ 0.172

$ 31,225,873 $ 379,456,699 $ 41,573,308

2.0215657427 2.4105149915 2.8742980759

15446380.170177 157417274.039836

$ 127,148,067.83
 X7 X8 X9

10% 10% 10%

10% 10% 10%
51% 51% 51%

$ 5,090,000.00 $ 5,090,000.00 $ 5,090,000.00

11.20% 11.20% 11.20%
9.56% 9.56% 9.56%
29.14% 29.14% 29.14%
5% 5% 5%
17.93% 17.93% 17.93%
1.24%
$ 16,000,000.00 $ 14,000,000.00
6.53% 6.53%
30% 30% 30%

PROYECCIONES
X7 X8 X9
$ 77,620,400 $ 85,382,440 $ 93,920,686
$ 39,586,404 $ 43,545,044 $ 47,899,550

$ 11,995,880 $ 13,195,468 $ 10,886,262

$ 40,785,992 $ 41,235,838 $ 48,988,175
$ 13,195,468 $ 10,886,262 $ 11,974,887

$ 38,033,996 $ 41,837,396 $ 46,021,136

$ 7,272,090 $ 7,635,695 $ 8,017,479

$ 4,878,166 $ 5,424,521 $ 6,032,067
$ 360,102 $ 394,528 $ 432,244
$ 892,227 $ 1,152,222 $ 1,487,979
$ 5,090,000 $ 5,090,000 $ 5,090,000

$ 18,492,585 $ 19,696,965 $ 21,059,770

$ 19,541,411 $ 22,140,430 $ 24,961,366

$ 5,421,046.00 $ 4,822,024 $ 4,223,003.00

$ 2,607,653 $ 3,075,206 $ 3,626,590

$ 1,044,800 $ 1,959,000

$ 16,728,019 $ 21,438,412 $ 26,323,953

$ 326,417

$ 16,728,019 $ 21,438,412 $ 25,997,536

PROYECCIONES
X7 X8 X9

$ 14,896,300 $ 12,511,507 $ 12,079,223

$ 6,468,367 $ 7,115,203 $ 7,826,724
$ 13,195,468 $ 10,886,262 $ 11,974,887
$ 16,000,000 $ 30,000,000
$ 34,560,135 $ 46,512,972 $ 61,880,834

$ 30,000,000 $ 30,000,000 $ 30,000,000

$ 43,000,000 $ 43,000,000 $ 43,000,000
$ 73,000,000 $ 73,000,000 $ 73,000,000
$ 3,700,000 $ 3,700,000 $ 3,700,000
$ 3,500,000 $ 3,500,000 $ 3,500,000
$ 10,180,000 $ 15,270,000 $ 20,360,000
$ 70,020,000 $ 64,930,000 $ 59,840,000
$ 104,580,135 $ 111,442,972 $ 121,720,834

$ 10,196,498 $ 10,308,959 $ 12,247,044

$ 326,422
$ 428,400 $ 449,820 $ 472,311
$ 10,624,898 $ 10,758,779 $ 13,045,777
$ 10,500,000 $ 7,500,000 $ 4,500,000
$ 21,124,898 $ 18,258,779 $ 17,545,777

$ 55,000,000 $ 55,000,000 $ 55,000,000

$ 11,727,070.50 $ 16,745,520 $ 23,177,122
$ 16,728,167 $ 21,438,672 $ 25,997,935
$ 83,455,237 $ 93,184,193 $ 104,175,057
$ 104,580,135 $ 111,442,972 $ 121,720,834

$ 245,967,368
 X10 X11

10% 10%
10% 10%
51% 51%

$ 5,090,000.00 $ 4,090,000.00
11.20% 11.20%
9.56% 9.56%
29.14% 29.14%
5% 5%
17.93% 17.93%
4.66% 8.29%
$ 18,000,000.00 $ 20,000,000.00
6.53% 6.53%
30% 30%

X10 X11
$ 103,312,755 $ 113,644,028
$ 52,689,505 $ 57,958,454

$ 11,974,887 $ 8,781,582
$ 49,496,200 $ 58,836,612
$ 8,781,582 $ 9,659,740

$ 50,623,250 $ 55,685,574

$ 8,418,353 $ 8,839,271
$ 6,707,659 $ 7,458,916
$ 473,567 $ 518,840
$ 1,921,577 $ 2,481,524
$ 5,090,000 $ 4,090,000

$ 22,611,155 $ 23,388,551
$ 28,012,095 $ 32,297,022

$ 3,623,981 $ 1,587,357

$ 4,276,838 $ 5,043,675
$ 3,134,400 $ 4,440,400

$ 31,799,351 $ 40,193,740
$ 1,481,850 $ 3,332,061

$ 30,317,502 $ 36,861,679

X10X X11

$ 12,005,438 $ 12,706,281
$ 8,609,396 $ 9,470,336
$ 8,781,582 $ 9,659,740
$ 48,000,000 $ 68,000,000
$ 77,396,416 $ 99,836,357

$ 30,000,000 $ 30,000,000
$ 43,000,000 $ 43,000,000
$ 73,000,000 $ 73,000,000
$ 3,700,000 $ 3,700,000
$ 3,500,000 $ 3,500,000
$ 25,450,000 $ 30,540,000
$ 54,750,000 $ 49,660,000
$ 132,146,416 $ 149,496,357

$ 12,374,050 $ 14,709,153

$ 1,481,877 $ 3,307,259
$ 495,927 $ 520,723
$ 14,351,854 $ 18,537,135
$ 1,500,000 $ -
$ 15,851,854 $ 18,537,135

$ 55,000,000 $ 55,000,000
$ 30,976,502.49 $ 40,071,920
$ 30,318,059 $ 35,887,302
$ 116,294,562 $ 130,959,222
$ 132,146,416 $ 149,496,357

VENTAS REFRIELÉCTRICO
Unidad francesa
unidad embraco
unidad danfoos
gas mapp
filtro secador
gas R12
Gas R134
Alambre sólido economico
alambre solido centelsa
balasto lampara
bombillos alumbrado publico
cables duplex
electro bomba
otros articulos
ingreso nuevos articilos
Total ventas corrrientes
VENTAS ANUALES FREFRIELÉCTRICO
2005 2006 2007
$ 5,452,000 $ 5,997,200 $ 6,596,920
$ 6,106,000 $ 6,716,600 $ 7,388,260
$ 1,800,000 $ 1,980,000 $ 2,178,000
$ 1,152,000 $ 1,267,200 $ 1,393,920
$ 1,168,000 $ 1,284,800 $ 1,413,280
$ 2,235,000 $ 2,458,500 $ 2,704,350
$ 2,016,000 $ 2,217,600 $ 2,439,360
$ 1,247,000 $ 1,371,700 $ 1,508,870
$ 2,760,000 $ 3,036,000 $ 3,339,600
$ 2,156,000 $ 2,371,600 $ 2,608,760
$ 1,104,000 $ 1,214,400 $ 1,335,840
$ 1,225,000 $ 1,347,500 $ 1,482,250
$ 2,720,000 $ 2,992,000 $ 3,291,200
$ 23,139,000 $ 25,452,900 $ 27,998,190
10856000 $ 11,941,600
$ 54,280,000 $ 70,564,000 $ 77,620,400
REFRIELÉCTRICO
2008 2009 2010 2011
$ 7,256,612 $ 7,982,273 $ 8,780,501 $ 9,658,551
$ 8,127,086 $ 8,939,795 $ 9,833,774 $ 10,817,151
$ 2,395,800 $ 2,635,380 $ 2,898,918 $ 3,188,810
$ 1,533,312 $ 1,686,643 $ 1,855,308 $ 2,040,838
$ 1,554,608 $ 1,710,069 $ 1,881,076 $ 2,069,183
$ 2,974,785 $ 3,272,264 $ 3,599,490 $ 3,959,439
$ 2,683,296 $ 2,951,626 $ 3,246,788 $ 3,571,467
$ 1,659,757 $ 1,825,733 $ 2,008,306 $ 2,209,137
$ 3,673,560 $ 4,040,916 $ 4,445,008 $ 4,889,508
$ 2,869,636 $ 3,156,600 $ 3,472,260 $ 3,819,486
$ 1,469,424 $ 1,616,366 $ 1,778,003 $ 1,955,803
$ 1,630,475 $ 1,793,523 $ 1,972,875 $ 2,170,162
$ 3,620,320 $ 3,982,352 $ 4,380,587 $ 4,818,646
$ 30,798,009 $ 33,877,810 $ 37,265,591 $ 40,992,150
$ 13,135,760 $ 14,449,336 $ 15,894,270 $ 17,483,697
$ 85,382,440 $ 93,920,686 $ 103,312,755 $ 113,644,028