CÁLCULOS VAN

monika.gornisiewicz.com

Valor Actual Neto (VAN)

Ejemplo 1 Ejemplo 2 Ejemplo 3

Año FLUJO EN
INGRESOS EGRESOS EFECTIVO FLUJO EN EFECTIVO INGRESOS EGRESOS FLUJO EN EFECTIVO
NETO INGRESOS EGRESOS NETO NETO

INGRESO INICIAL 100000 50000 80000

1 30000 0 30000 35000 0 35000 25000 25000
2 30000 0 30000 35000 0 35000 25000 20000 5000
3 30000 0 30000 35000 50000 -15000 25000 25000
4 30000 0 30000 35000 0 35000 25000 20000 5000
5 30000 0 30000 35000 0 35000 25000 25000
1% 45,602.94 € 71,340.59 € 2,510.25 €
2% 41,403.79 € 67,854.97 € 136.20 €
3% 37,391.22 € 64,532.67 € -2,128.98 €
4% 33,554.67 € 61,363.96 € -4,291.65 €
5% 29,884.30 € 58,339.80 € -6,357.72 €
6% 26,370.91 € 55,451.77 € -8,332.71 €
7% 23,005.92 € 52,692.02 € -10,221.74 €
8% 19,781.30 € 50,053.24 € -12,029.62 €
9% 16,689.54 € 47,528.62 € -13,760.82 €
10% 13,723.60 € 45,111.80 € -15,419.53 €
11% 10,876.91 € 42,796.83 € -17,009.64 €
12% 8,143.29 € 40,578.15 € -18,534.83 €
13% 5,516.94 € 38,450.59 € -19,998.53 €
14% 2,992.43 € 36,409.26 € -21,403.93 €
15% 564.65 € 34,449.62 € -22,754.06 €
16% -1,771.19 € 32,567.39 € -24,051.74 €
17% -4,019.62 € 30,758.59 € -25,299.62 €
18% -6,184.87 € 29,019.44 € -26,500.19 €
19% -8,270.95 € 27,346.43 € -27,655.80 €
20% -10,281.64 € 25,736.24 € -28,768.65 €
21% -12,220.47 € 24,185.76 € -29,840.81 €
22% -14,090.81 € 22,692.05 € -30,874.24 €
23% -15,895.81 € 21,252.36 € -31,870.77 €
24% -17,638.47 € 19,864.09 € -32,832.15 €
25% -19,321.60 € 18,524.80 € -33,760.00 €
26% -20,947.88 € 17,232.18 € -34,655.88 €
27% -22,519.82 € 15,984.05 € -35,521.24 €
28% -24,039.82 € 14,778.35 € -36,357.46 €
29% -25,510.13 € 13,613.16 € -37,165.85 €
30% -26,932.91 € 12,486.63 € -37,947.63 €
31% -28,310.17 € 11,397.04 € -38,703.98 €
32% -29,643.85 € 10,342.75 € -39,436.00 €
33% -30,935.76 € 9,322.20 € -40,144.73 €
34% -32,187.65 € 8,333.93 € -40,831.18 €
35% -33,401.16 € 7,376.54 € -41,496.27 €
36% -34,577.85 € 6,448.73 € -42,140.90 €
37% -35,719.21 € 5,549.24 € -42,765.92 €
38% -36,826.65 € 4,676.89 € -43,372.13 €
39% -37,901.51 € 3,830.55 € -43,960.30 €
40% -38,945.08 € 3,009.16 € -44,531.15 €
41% -39,958.58 € 2,211.70 € -45,085.37 €
42% -40,943.15 € 1,437.21 € -45,623.63 €
43% -41,899.92 € 684.78 € -46,146.53 €
44% -42,829.93 € -46.48 € -46,654.69 €
45% -43,734.18 € -757.38 € -47,148.67 €
46% -44,613.64 € -1,448.72 € -47,629.01 €
47% -45,469.22 € -2,121.24 € -48,096.21 €
48% -46,301.80 € -2,775.67 € -48,550.78 €
49% -47,112.20 € -3,412.68 € -48,993.19 €
50% -47,901.23 € -4,032.92 € -49,423.87 €
51% -48,669.65 € -4,637.02 € -49,843.26 €
52% -49,418.19 € -5,225.57 € -50,251.76 €
53% -50,147.54 € -5,799.13 € -50,649.76 €
54% -50,858.37 € -6,358.24 € -51,037.65 €
55% -51,551.32 € -6,903.41 € -51,415.76 €
56% -52,227.00 € -7,435.15 € -51,784.45 €
57% -52,885.99 € -7,953.91 € -52,144.03 €
58% -53,528.87 € -8,460.16 € -52,494.83 €
59% -54,156.15 € -8,954.32 € -52,837.13 €
60% -54,768.37 € -9,436.80 € -53,171.23 €
61% -55,366.01 € -9,908.00 € -53,497.40 €
62% -55,949.55 € -10,368.29 € -53,815.91 €
63% -56,519.45 € -10,818.04 € -54,126.99 €
 64% -57,076.14 € -11,257.60 € -54,430.91 €
65% -57,620.03 € -11,687.30 € -54,727.88 €
66% -58,151.55 € -12,107.45 € -55,018.13 €
67% -58,671.06 € -12,518.36 € -55,301.87 €
68% -59,178.95 € -12,920.33 € -55,579.32 €
69% -59,675.57 € -13,313.64 € -55,850.66 €
70% -60,161.27 € -13,698.56 € -56,116.08 €
71% -60,636.38 € -14,075.35 € -56,375.77 €
72% -61,101.21 € -14,444.26 € -56,629.91 €
73% -61,556.08 € -14,805.52 € -56,878.66 €
74% -62,001.27 € -15,159.37 € -57,122.18 €
75% -62,437.08 € -15,506.04 € -57,360.62 €
76% -62,863.78 € -15,845.73 € -57,594.15 €
77% -63,281.62 € -16,178.65 € -57,822.90 €
78% -63,690.88 € -16,505.00 € -58,047.01 €
79% -64,091.79 € -16,824.96 € -58,266.62 €
80% -64,484.58 € -17,138.73 € -58,481.85 €
81% -64,869.49 € -17,446.48 € -58,692.84 €
82% -65,246.74 € -17,748.37 € -58,899.69 €
83% -65,616.54 € -18,044.58 € -59,102.53 €
84% -65,979.09 € -18,335.26 € -59,301.46 €
85% -66,334.59 € -18,620.56 € -59,496.61 €
86% -66,683.24 € -18,900.63 € -59,688.06 €
87% -67,025.22 € -19,175.61 € -59,875.91 €
88% -67,360.70 € -19,445.64 € -60,060.28 €
89% -67,689.86 € -19,710.85 € -60,241.24 €
90% -68,012.87 € -19,971.37 € -60,418.90 €
91% -68,329.89 € -20,227.33 € -60,593.33 €
92% -68,641.07 € -20,478.83 € -60,764.62 €
93% -68,946.56 € -20,726.00 € -60,932.86 €
94% -69,246.51 € -20,968.95 € -61,098.12 €
95% -69,541.07 € -21,207.78 € -61,260.48 €
96% -69,830.36 € -21,442.61 € -61,420.01 €
97% -70,114.53 € -21,673.52 € -61,576.78 €
98% -70,393.69 € -21,900.62 € -61,730.87 €
99% -70,667.97 € -22,124.00 € -61,882.34 €
100% -70,937.50 € -22,343.75 € -62,031.25 €
 CÁLCULOS TIR
monika.gornisiewicz.com

Tasa Interna de Rentabilidad o Retorno (TIR)

Ejemplo 1 Ejemplo 2 Ejemplo 3
FLUJO EN FLUJO EN
Año INGRESOS EGRESOS FLUJO EN EFECTIVO INGRESOS EGRESOS EFECTIVO INGRESOS EGRESOS EFECTIVO
NETO
NETO NETO
INGRESO INICIAL -100000 -50000 -80000
1 30000 0 30000 35000 0 35000 25000 25000
2 30000 0 30000 35000 0 35000 25000 20000 5000
3 30000 0 30000 35000 50000 -15000 25000 25000
4 30000 0 30000 35000 0 35000 25000 20000 5000
5 30000 0 30000 35000 0 35000 25000 25000
TIR 15.2% 43.9% 2.1%

NOTA: Grafica decreciente. Según aumenta el coste del capital el VAN va disminuyendo. TIR es aquel tipo de interes que hace que VAN es 0.

VAN Ejemplo 1 2 3
VAN 1 VAN 2 VAN 3
€80,000.00

€60,000.00

€40,000.00

€20,000.00

€0.00
0% 20% 40% 60% 80% 100% 120%

(€20,000.00)

(€40,000.00)

(€60,000.00)

(€80,000.00)

€60,000.00
VAN EJEMPLO 1
€40,000.00
€20,000.00
€0.00
0% 20% 40% 60% 80% 100% 120%
(€20,000.00)
(€40,000.00)
(€60,000.00)
(€80,000.00)

€80,000.00 VAN EJEMPLO 2

€60,000.00
€40,000.00
€20,000.00
€0.00
0% 20% 40% 60% 80% 100% 120%
(€20,000.00)
(€40,000.00)

€10,000.00
VAN EJEMPLO 3
€0.00
0% 20% 40% 60% 80% 100% 120%
(€10,000.00)
(€20,000.00)
(€30,000.00)
(€40,000.00)
(€50,000.00)
(€60,000.00)
(€70,000.00)