0 1 2 3 4

Ingresos
Autos 38,968.15 40,332.04 41,743.66
Autobuses 23,380.89 24,199.22 25,046.19
Camiones 46,761.78 48,398.44 50,092.39
Total - - 109,110.82 112,929.70 116,882.24
Costos de operación 3,000.00 3,105.00 3,213.67
Utilidad Bruta 106,110.82 109,824.70 113,668.57
Depreciación 25,000.00 25,000.00 25,000.00
Gtos. Mantenimiento 18,000.00 18,000.00 18,000.00
Gtos. Mtto. Mayor
Utilidad de Operación 63,110.82 66,824.70 70,668.57
ISR 22,088.79 23,388.65 24,734.00
PTU 6,311.08 6,682.47 7,066.86
Utilidad Neta 34,710.95 36,753.59 38,867.71
Depreciación 25,000.00 25,000.00 25,000.00
Inversión 300,000 200,000
Capital de Trabajo 41.10 42.53 44.02
Cambio en Capital de Trabajo 41.10 1.44 1.49
Valor de rescate
Capital de Trabajo Remanente
FLUJO DE CAJA NETO - 300,000.0 - 200,000.0 59,669.9 61,752.1 63,866.2

TIR= 12.0%
VPN= 169,896.6
TREMA= 8.0%
 5 6 7 8 9 10 11

43,204.69 44,716.85 46,281.94 47,901.81 49,578.37 51,313.61 53,109.59

25,922.81 26,830.11 27,769.16 28,741.08 29,747.02 30,788.17 31,865.75
51,845.62 53,660.22 55,538.33 57,482.17 59,494.04 61,576.34 63,731.51
120,973.12 125,207.18 129,589.43 134,125.06 138,819.44 143,678.12 148,706.85
3,326.15 3,442.57 3,563.06 3,687.77 3,816.84 3,950.43 4,088.69
117,646.97 121,764.61 126,026.37 130,437.29 135,002.60 139,727.69 144,618.16
25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
10,000.00 10,000.00
64,646.97 78,764.61 83,026.37 87,437.29 92,002.60 86,727.69 101,618.16
22,626.44 27,567.61 29,059.23 30,603.05 32,200.91 30,354.69 35,566.36
6,464.70 7,876.46 8,302.64 8,743.73 9,200.26 8,672.77 10,161.82
35,555.83 43,320.54 45,664.50 48,090.51 50,601.43 47,700.23 55,889.99
25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00

45.56 47.16 48.81 50.52 52.29 54.12 56.01

1.54 1.59 1.65 1.71 1.77 1.83 1.89

60,554.3 68,318.9 70,662.9 73,088.8 75,599.7 72,698.4 80,888.1

 12 13 14 15 16 17 18

54,968.43 56,892.32 58,883.55 60,944.48 63,077.53 65,285.25 67,570.23

32,981.06 34,135.39 35,330.13 36,566.69 37,846.52 39,171.15 40,542.14
65,962.11 68,270.78 70,660.26 73,133.37 75,693.04 78,342.30 81,084.28
153,911.59 159,298.50 164,873.94 170,644.53 176,617.09 182,798.69 189,196.64
4,231.80 4,379.91 4,533.21 4,691.87 4,856.08 5,026.05 5,201.96
149,679.80 154,918.59 160,340.74 165,952.66 171,761.01 177,772.64 183,994.69
25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00 18,000.00
10,000.00
106,679.80 111,918.59 117,340.74 112,952.66 128,761.01 134,772.64 140,994.69
37,337.93 39,171.51 41,069.26 39,533.43 45,066.35 47,170.43 49,348.14
10,667.98 11,191.86 11,734.07 11,295.27 12,876.10 13,477.26 14,099.47
58,673.89 61,555.22 64,537.41 62,123.97 70,818.55 74,124.95 77,547.08
25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00

57.97 60.00 62.10 64.27 66.52 68.85 71.26

1.96 2.03 2.10 2.17 2.25 2.33 2.41

83,671.9 86,553.2 89,535.3 87,121.8 95,816.3 99,122.6 102,544.7

 19 20 Estructura Aforo Incremento Ingresos
Tarifaria Vehicular
69,935.19 72,382.92 71.17 1,500 3.50% 38,968.15
41,961.11 43,429.75 106.76 600 3.50% 23,380.89
83,922.23 86,859.50 142.35 900 3.50% 46,761.78
195,818.53 202,672.17 3,000 109,110.82
5,384.03 5,572.47 3.50%
190,434.50 197,099.71
25,000.00 25,000.00
18,000.00 18,000.00
10,000.00
147,434.50 144,099.71
51,602.07 50,434.90
14,743.45 14,409.97
81,088.97 79,254.84
25,000.00 25,000.00

73.75 76.34
2.49 2.58
-
76.34
106,086.5 104,328.6