Evalucion de Proyectos Universidad San Martin

SIMULACION DEL PROYECTO
DATOS DE RIGOR PARA ALIMENTAR EL MODELO DE S

CONCEPTOS
TIPO DE CAMBIO PROYECTADO
EVOLUCION DEL CAMBIO OFICIAL
Operacin de la Planta
Capacidad Terica (M.P.)
Utilizacion de la Capacidad Inst.
Capacidad Proyectada (M.P.)
Capacidad Proyectada (Pasta)
UNIDADES
S/. por US.$
en %
Das/semana
Das/mes
meses/Ao
Das/Ao
TM/Ao
en %
TM/Ao
TM/Ao
Produccion de Pasta
Frascos/ao
Produccion de Pasta
Cajas/Ao
Precio Venta Unitario PT.

Indices de Variac. Precio Venta Un.
INICIAL
3.47
100%
5
20
12
240
172.125
50%
86.06
68.85
275,400
5,738
1er. Ao
3.47
100%
240
20
12
240
172.125
50%
86.06
68.85
275,400
5,738
US.$/Frasco
1.10
1.10
en %
100%
100%
302,940
302,940
N. Soles/TM
700.00
700.00
US.$/TM
201.73
201.73
INGRESOS POR VENTAS
US.$/Ao
Materia Prima: Aji amarillo

Materia Prima: Aji amarillo
100%
100%
Indices de Variac. Precio Adq. MP.
en %
Costo Unit. M. Prima: Aji amarillo
US.$/TM
202
201.73
Sub Total Materia Prima: Aji amarillo
US.$/Ao
17,361
17,361
Costo de Envases y Otros Ins. Dir.
US.$/Ao
58,718
58,718
Indices de Variac. Precio Otros Ins.
en %
100%
100%
Sub Total Envases y Otros Ins. Dir.
US.$/Ao
58,718
58,718
Energia electrica Produccion
US.$/Ao
1,000
1,000
Agua Potable Produccion
US.$/Ao
800
800
Petrleo para Generacin de Vapor
US.$/Ao
5,100
5,100
Sub Total Serv. Productivos
US.$/Ao
6,900
6,900
Sub Total costos Variables
US.$/Ao
82,980
82,980
Energia electrica Ilum. y Refrigerac.
US.$/Ao
700
700
Agua Potable (uso del personal)
US.$/Ao
1,000
1,000
Costos Servcios No Productivos
US.$/Ao
1,700
1,700
Sub-Total Mano de Obra Directa:
US.$/Ao
36,400
36,400
Sub-Total Mano de Obra Indirecta:
US.$/Ao
78,960
78,960
Personal rotativo labores menores
US.$/Ao
14,000
14,000
Sub Total Costos Fijos

COSTO TOTAL
Capital de Trabajo (3 meses)
US.$/Ao
132,760
215,740
132,760
US.$/Ao
215,740
US.$
53,934.95
-------------
Mesa de seleccin y corte

Tanques de lavado
Marmita 1
Marmita 2
Marmita desinfeccion
Triturador
Molino Coloidal
Exhauster
Autoclave
Llenadora
Balanza de plataforma
Caldera de vapor
Balanza electronica
Canastillas
Electrobomba centrfuga
Equipo Frigorfico
Coches de transporte
Balanza portable
Parihuelas
Sub-Total Maquinaria y Eq.
US.$
1,000.00
-------------
US.$
1,300.00
-------------
US.$
1,200.00
-------------
US.$
1,200.00
-------------
US.$
800.00
-------------
US.$
1,300.00
-------------
US.$
2,000.00
-------------
US.$
1,500.00
-------------
US.$
4,000.00
-------------
US.$
1,900.00
-------------
US.$
1,000.00
-------------
US.$
3,700.00
-------------
US.$
300.00
-------------
US.$
400.00
-------------
US.$
700.00
-------------
US.$
3,500.00
-------------
US.$
1,200.00
-------------
US.$
300.00
-------------
US.$
300.00
-------------
US.$
27,600.00
-------------
Intrumentos de Laboratorio
US.$
2,500.00
-------------
Herramientas diversas
US.$
500.00
-------------
Equipos de limpieza
US.$
200.00
-------------
Sub-Total Eq. Auxiliares

Sub-Total Equipos de Ofic.
US.$
-------------
US.$
3,200.00
2,800.00
Terreno
US.$
22,500.00
-------------
Edificaciones
US.$
35,000.00
-------------
Instalaciones
US.$
5,000.00
-------------
Imprevistos
US.$
7,000.00
Sub Total B. Inmuebles e imprev.
US.$
TOTAL INV. FIJA TANGIBLE
US.$
69,500.00
103,100.00
-------------
-------------------------
Estudios de pre-inversion
US.$
1,000.00
-------------
Estudios Definitivos
US.$
1,500.00
-------------
Costos de Organiz. y Constituc.
US.$
900.00
-------------
Entrenamiento del Personal
US.$
700.00
-------------
Gastos de Puesta en marcha
US.$
1,000.00
-------------
Imprevistos
US.$
3,400.00
-------------
TOTAL INV. FIJA INTANGIBLE
US.$
8,500.00
111,600.00
165,534.95
87,200.19
-------------
INVERSION A FINANCIAR:
* INVERSION TOTAL:
UTILIDAD BRUTA
Perodo Depreciac.Equipos Prod.
Perodo Depreciaciacin Eq. Auxiliares
Perodo Depreciaciacin Eq. de Oficina
Perodo Deprec. Inmuebles e imprev.
Perodo Deprec. Inversin Intangible
PLAZO DE FINANCIAMIENTO
TASA DE FINANCIAMIENTO
AMORTIZAC. DEL FINANCIAM.
US.$
US.$
US.$
5
10
5
20
1
120
1.20%
Cuotas =s
Aos
Aos
Aos
Aos
Aos
En meses
% mensual
US $
-------------------------
87,200
5
10
5
20
1
----------------------------
( *): Incluye el importe correspondiente al Capital de Trabajo.

CUADRO N 1
COSTO DE LA MANO DE OBRA PARA EL PROYECTO

en US $
CONCEPTO
Operarios Mano de Obra Directa
CANTIDAD
sueldo/salario
MENSUAL
20
$130.00
$2,600.00
Encargados de almacn
175
175
Supervisor de Calidad
400
400
Supervisor de Mantenimiento
400
400
Supervisor de Planta
500
500
Mecnico electricista
300
300
Laboratorista
400
400
Vigilante
160
320
Chofer
170
170
Gerente General
1,200
1,200
Gerente Comercial
800
800
Gerente de Produccin
800
800
Secretarias
175
175
Sub total M.O.I.
13
----------------
----------------
Total Costo de Mano de Obra
33
----------------
----------------
CONCEPTOS
UNIDADES
CUADRO
DETERMINACION DEL COSTO TOTAL D
en US.
INICIAL
1er. Ao
Costo de Produccin
US.$/Ao
119,380
119,380
Gastos de Venta
US.$/Ao
14,229
14,229
Gastos Administrativos
US.$/Ao
67,760
67,760
COSTO TOTAL:
US.$/Ao
201,369
201,369
CUADRO N 3
CUADRO DE DEPRECIACIONES PAR
en USA. $
RUBROS
1er. Ao
Deprec. Maquinaria y Equipo Prod.
2do. Ao
3er. Ao
5,520.00
5,520.00
5,520.00
Depreciacion Equipos Auxiliares
320.00
320.00
320.00
Depreciacin Equipos de Oficina
560.00
560.00
560.00
Deprec. B. Inmuebles e imprevistos
3,475.00
3,475.00
3,475.00
Depreciacin Inversin Intangible
8,500.00
SUB - TOTAL DEPRECIACION:
18,375.00
9,875.00
###
9,875.00
Nota.- Siempre el Total de las Depreciaciones, debe ser "IGUAL" a la Inversin Total; caso contrario, se ha com
un error al trabajar el PERIODO DE DEPRECIACION.
SUB - TOTAL DEPRECIACION:
ms: Valor no Depr. B. Inmueble
INVERSION POR FINANCIAM. =
$111,600.00
TOTAL DEPREC. Y RESERVA:
CUADRO N 18
RESUMEN DE RESULTADOS PARA EL NEGOC

CONCEPTOS
UNIDADES
VALOR
INVERSION TOTAL
USA. $
165,535
CAPITAL DE TRABAJO
USA. $
53,934.95
INVERSION POR FINANCIAMIENTO
USA. $
$111,600
PLAZO DE FINANCIAMIENTO
meses
120
IMPORTE DE LA CUOTA FIJA MENSUAL
USA. $
1,759.71
INGRESO TOTAL POR VENTAS 1er. Ao
USA. $
302,940
INGRESO TOTAL POR VENTAS 2do. Ao
USA. $
339,293
INGRESO TOTAL POR VENTAS 3er. Ao
USA. $
388,066
INGRESO TOTAL POR VENTAS 5to. Ao
USA. $
458,045
INGRESO TOTAL POR VENTAS 10mo. Ao
USA. $
701,382
RENTA NETA DESP.DE IMPUEST.1er. Ao
USA. $
56,318
RENTA NETA DESP.DE IMPUEST.2do. Ao
USA. $
74,540
RENTA NETA DESP.DE IMPUEST.3er. Ao
USA. $
101,232
RENTA NETA DESP.DE IMPUEST.5to. Ao
USA. $
137,898
RENTA NETA DESP.DE IMPUEST.10mo. Ao
USA. $
272,865
USA. $
182,844
PUNTO DE EQUILIBRIO OPERACION (1er ao)
PUNTO DE EQUILIBRIO OPERACION (1er ao) % Cap. Terica
RENTABILIDAD DEL NEGOCIO

RELACION COSTO - BENEFICIO
30.2%
60.28%
Ratio
4.50
Recuperacin de la Inversin
En aos
Recuperacin de la Inversin
En meses
1.87
22.42
FINAL DE ESTA HOJA
ROYECTO
TAR EL MODELO DE SIMULACION

2do. Ao
3.64
105%
3er. Ao
4to. Ao
5to. Ao
6to. Ao
7mo. Ao
240
20
12
240
172.125
56%
96.39
77.11
3.64
100%
240
20
12
240
172.125
61%
105.00
84.00
3.64
100%
240
20
12
240
172.125
67%
115.32
92.26
3.72
102%
240
20
12
240
172.125
72%
123.93
99.14
3.72
100%
240
20
12
240
172.125
78%
134.26
107.41
3.72
100%
240
20
12
240
172.125
83%
142.86
114.29
308,448
6,426
335,988
7,000
369,036
7,688
396,576
8,262
429,624
8,951
457,164
9,524
1.10
1.16
1.16
1.16
1.21
1.21
100%
105%
100%
100%
105%
100%
339,293
388,066
426,237
458,045
521,027
554,426
700.00
700.00
700.00
700.00
700.00
700.00
192.12
192.12
192.12
188.36
188.36
188.36
100%
102%
100%
100%
102%
100%
201.73
205.76
205.76
205.76
209.88
209.88
19,445
21,604
23,729
25,500
28,178
29,984
65,765
71,637
78,683
84,555
91,601
97,473
100%
102%
100%
100%
102%
100%
65,765
73,069
78,683
84,555
93,433
97,473
1,120
1,220
1,340
1,440
1,560
1,660
896
976
1,072
1,152
1,248
1,328
5,712
6,222
6,834
7,344
7,956
8,466
7,728
8,418
9,246
9,936
10,764
11,454
92,937
103,092
111,658
119,991
132,375
138,911
700
700
700
700
700
700
1,000
1,000
1,000
1,000
1,000
1,000
1,700
1,700
1,700
1,700
1,700
1,700
36,400
36,400
36,400
36,400
36,400
36,400
78,960
78,960
78,960
78,960
78,960
78,960
14,000
14,000
14,000
14,000
14,000
14,000
132,760
132,760
132,760
132,760
132,760
132,760
225,697
235,852
244,418
252,751
265,135
271,671
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113,595
5
10
5
20
-------------------------------------
ROYECTO
ANUAL
$36,400.00
2,450
5,600
5,600
7,000
4,200
5,600
4,480
2,380
16,800
11,200
11,200
152,214
5
10
5
20
-------------------------------------
181,818
5
10
5
20
-------------------------------------
205,294
5
10
5
20
-------------------------------------
255,892
---------10
---------20
-------------------------------------
282,755
---------10
---------20
-------------------------------------
2,450
$78,960.00
$115,360.00
CUADRO N 2
MINACION DEL COSTO TOTAL DE LOS PRODUCTOS TERMINADOS
en US. $
2do. Ao
3er. Ao
4to. Ao
5to. Ao
6to. Ao
7mo. Ao
129,337
139,492
148,058
156,391
168,775
175,311
14,593
15,081
15,462
15,780
16,410
16,744
67,760
67,760
67,760
67,760
67,760
67,760
211,690
222,332
231,281
239,931
252,945
259,815
CUADRO N 3
DE DEPRECIACIONES PARA EL NEGOCIO "VoIP"
en USA. $
4to. Ao
5to. Ao
5,520.00
5,520.00
320.00
320.00
560.00
560.00
3,475.00
3,475.00
9,875.00
6to. Ao
320.00
3,475.00
###
9,875.00
3,795.00
Inversin Total; caso contrario, se ha cometido
UB - TOTAL DEPRECIACION:
$76,850.00
: Valor no Depr. B. Inmueble
$34,750.00
TOTAL DEPREC. Y RESERVA:
7mo. Ao
$111,600.00
O N 18
DOS PARA EL NEGOCIO

OBSERVACIONES
###
320.00
###
3,475.00
###
3,795.00
8vo. Ao
9no. Ao
320.00
3,475.00
-
3,795.00
320.00
3,475.00
-
3,795.00
Incluye Activos y Capital de Trabajo (celda E82)

Planilla, Mat.Prima e insumos para 3 meses (celda E42)
Cuotas Fijas en US. $ al 2.6 % mensual (celda D140)

Prstamo de los Accionistas (celda E89)
Ver Hoja "FINANCIAMIENTO (celda G39)
Ver Hoja "COSTOS" (celda C61).
Ver Hoja "COSTOS" (celda D61).
Ver Hoja "COSTOS" (celda E61).
Ver Hoja "COSTOS" (celda G61).
Ver Hoja "COSTOS" (celda L61).
Ver Hoja "ESTADOSECOFIN" (celda C17).
Ver Hoja "ESTADOSECOFIN" (celda D17).
Ver Hoja "ESTADOSECOFIN" (celda E17).
Ver Hoja "ESTADOSECOFIN" (celda G17).
Ver Hoja "ESTADOSECOFIN" (celda L17).
Ver detalles en Hoja "EVALUACION" (celda D54).
Ver detalles en Hoja "EVALUACION" (celda F131).
Ver detalles en Hoja "EVALUACION" (celda G103)+1
Ver detalles en Hoja "EVALUACION" (celda G104)+12
TA HOJA
86.06
8vo. Ao
9no. Ao
10mo. Ao
3.79
102%
240
20
12
240
172.125
89%
153.19
122.55
3.79
100%
240
20
12
240
172.125
94%
161.80
129.44
3.79
100%
240
20
12
240
172.125
100%
172.13
137.70
490,212
10,213
517,752
10,787
550,800
11,475
1.21
1.27
1.27
100%
105%
100%
594,505
659,299
701,382
700.00
700.00
700.00
184.66
184.66
184.66
100%
102%
100%
209.88
214.08
214.08
32,152
34,637
36,848
104,519
110,391
117,437
100%
102%
100%
104,519
112,599
117,437
1,780
1,880
2,000
1,424
1,504
1,600
9,078
9,588
10,200
12,282
12,972
13,800
148,953
160,208
168,085
700
700
700
1,000
1,000
1,000
1,700
1,700
1,700
36,400
36,400
36,400
96.39
105.00
115.32
123.93
134.26
142.86
153.19
78,960
78,960
78,960
14,000
14,000
14,000
132,760
132,760
132,760
281,713
292,968
300,845
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312,792
---------10
---------20
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366,331
---------10
---------20
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400,537
---------10
---------20
-------------------------------------
8vo. Ao
9no. Ao
10mo. Ao
185,353
196,608
204,485
17,145
17,793
18,214
67,760
67,760
67,760
270,258
282,161
290,459
10mo. Ao
320.00
3,475.00
-
3,795.00
TOTAL
27,600.00
3,200.00
2,800.00
34,750.00
8,500.00
76,850.00
Aos
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Aj amarillo(TM)
86.063
96.390
104.996
115.324
123.930
134.258
142.864
153.191
161.798
172.125
Ac. Ctrico(TM)
0.238
0.267
0.291
0.320
0.343
0.372
0.396
0.424
0.448
0.477
Sal (TM)
2.981
3.338
3.636
3.994
4.292
4.650
4.948
5.305
5.603
5.961
T.C
Sorbato de K (TM)
0.060
0.067
0.073
0.080
0.086
0.093
0.099
0.106
0.112
0.119
3.5
PRECIOS
Aj Amarillo
Acido Citrico
Sal
Sorbato de K
Aceite
Cloro
Envases
unidad
kg
kg
kg
kg
Litro
kg
un.
S/.
US$
0.7
0.20
2.00
0.07
6.80
0.86
4.29
0.19
0.24
3
15
0.66
COSTOS DE M.P. E INSUMOS ( US$/ao)

Aos
2004
2005
2006
2007
Aj amarillo(TM)
Ac. Ctrico(TM)
476.88
534.11
581.80
639.02
Sal (TM)
Sorbato de K (TM)
204.38
228.90
249.34
273.87
405.35
453.99
494.53
543.17
2008
2009
2010
2011
2012
2013
686.71
743.94
791.63
848.85
896.54
953.77
294.31
318.83
339.27
363.79
384.23
408.76
583.70
632.35
672.88
721.52
762.06
810.70
CUADRO N 6
DATOS PROYECTADOS PARA CALCULAR EL PUNTO DE EQUILIBRIO

en US. $
AOS:
RUBROS
TOTAL INGRESOS POR VENTAS:

TOTAL COSTOS FIJOS:
TOTAL COSTOS VARIABLES:
COSTO TOTAL ANUAL:
UTILIDAD BRUTA:
1er. Ao
2do. Ao
3er. Ao
4to. Ao
5to. Ao
302,940.00
339,292.80
388,066.14
426,236.58
458,045.28
132,760.00
82,979.81
215,739.81
87,200.19
132,760.00
92,937.38
225,697.38
113,595.42
132,760.00
103,091.71
235,851.71
152,214.43
132,760.00
111,658.22
244,418.22
181,818.36
132,760.00
119,990.93
252,750.93
205,294.35
CUADRO N 7
PUNTO DE EQUILIBRIO
AOS:
RUBROS
% CAPACIDAD PRACTICA UTILIZADA

CAP. PRACTICA UTILIZADA (TM)
1er. Ao
2do. Ao
3er. Ao
4to. Ao
5to. Ao
50%
56%
61%
67%
72%
68.85
77.11
84.00
92.26
99.14
PRECIO DE VENTA (US$/TM)
4,400.00
4,400.00
4,620.00
4,620.00
4,620.00
COSTO VAR. UNITARIO (US$/TM)
1,205.23
1,205.23
1,227.33
1,210.27
1,210.27
MARG. CONTRIB.UNIT (US$/TM)
3,194.77
3,194.77
3,392.67
3,409.73
3,409.73
INGRESO TOTAL POR VENTAS:
$302,940.00
$339,292.80
$388,066.14
$426,236.58
$458,045.28
TOTAL COSTOS FIJOS:
$132,760.00
$132,760.00
$132,760.00
$132,760.00
$132,760.00
TOTAL COSTOS VARIABLES:
$82,979.81
$92,937.38
$103,091.71
$111,658.22
$119,990.93
COSTO TOTAL:
$215,739.81
$225,697.38
$235,851.71
$244,418.22
$252,750.93
UTILIDAD BRUTA:
$87,200.19
$113,595.42
$152,214.43
$181,818.36
$205,294.35
$182,843.60
$182,843.60
$180,786.96
$179,882.59
$179,882.59
41.56
41.56
39.13
38.94
38.94
% de Ventas en el Punto de Equilibrio:
60.36%
53.89%
46.59%
42.20%
39.27%
% Utiliz. Cap. Prctica en el Pto. de Eq.:
30.18%
30.18%
28.42%
28.28%
28.28%
Punto de Equilibrio en Ventas US$:

Punto de Equilibrio en Ventas TM:
FINAL DE LA HOJA
Aceite (L)
6623.377
7418.182
8080.519
8875.325
9537.662
10332.468
10994.805
11789.610
12451.948
13246.753
Aceite (L)
Frascos (unidades)
275,400
308,448
335,988
369,036
396,576
429,624
457,164
490,212
517,752
550,800
Frascos (unidades)
5,677.18
6,358.44
6,926.16
7,607.42
51,932.57
58,164.48
63,357.74
69,589.65
Cloro (kg)
5.164
5.783
6.300
6.919
7.436
8.055
8.572
9.191
9.708
10.328
Cloro (kg)
22.13
24.79
27.00
29.65
total insumos
58,718.49
65,764.71
71,636.56
78,682.78
8,175.14
8,856.40
9,424.12
10,105.38
10,673.10
11,354.36
6to. Ao
74,782.90
81,014.81
86,208.07
92,439.98
97,633.23
103,865.14
7mo. Ao
31.87
34.52
36.74
39.39
41.61
44.26
8vo. Ao
84,554.63
91,600.85
97,472.70
104,518.92
110,390.77
117,436.99
9no. Ao
10mo. Ao
521,026.51
554,425.64
594,504.60
659,298.92
701,381.84
132,760.00
132,374.69
265,134.69
255,891.81
132,760.00
138,910.80
271,670.80
282,754.85
132,760.00
148,952.54
281,712.54
312,792.06
132,760.00
160,207.63
292,967.63
366,331.29
132,760.00
168,084.91
300,844.91
400,536.92
6to. Ao
7mo. Ao
8vo. Ao
9no. Ao
10mo. Ao
78%
83%
89%
94%
100%
107.41
114.29
122.55
129.44
137.70
4,851.00
4,851.00
4,851.00
5,093.55
5,093.55
1,232.47
1,215.41
1,215.41
1,237.72
1,220.66
3,618.53
3,635.59
3,635.59
3,855.83
3,872.89
$521,026.51
$554,425.64
$594,504.60
$659,298.92
$701,381.84
$132,760.00
$132,760.00
$132,760.00
$132,760.00
$132,760.00
$132,374.69
$138,910.80
$148,952.54
$160,207.63
$168,084.91
$265,134.69
$271,670.80
$281,712.54
$292,967.63
$300,844.91
$255,891.81
$282,754.85
$312,792.06
$366,331.29
$400,536.92
$177,978.02
$177,143.00
$177,143.00
$175,375.78
$174,603.39
36.69
36.52
36.52
34.43
34.28
34.16%
31.95%
29.80%
26.60%
24.89%
26.64%
26.52%
26.52%
25.00%
24.89%
$207,258.33
el ultimo ano con el 29 % de mi utilizacion
el ultimo ano con el 29 % de mi utilizacion estoy en P.E
FINANCIAMIENTO
$1,759.71 = Importe de la Cuota Fija Mensual

$21,116.57 = Importe de la Cuota Fija Anual
Datos: De OPERAC y esta Hoja,

estableciendo un Financiamiento Propio,
IMPORTE A FINANCIAR en USA. $:

i= 1.20%
por "Prstamo de Accionistas", en US. $ y

a diez (10) Aos, ms un Aporte para el
Capital de Trabajo, al 7% Anual en US $.
Capital de Trabajo = $53,934.95
CUADRO N 8
RESUMEN ANUAL DE LA DEUDA "CON ACCIONISTAS"

en US. $
N
PRINCIPAL
$111,600.00
106,207.09
99,984.25
92,803.74
84,518.19
74,957.54
63,925.56
51,195.81
36,507.03
19,557.72
3
4
5
6
7
8
9
10
TOTALES:
PAGO ANUAL US $: 21,116.57
AMORTIZACION
INTERESES
5,392.91
6,222.84
7,180.51
8,285.55
9,560.65
11,031.98
12,729.75
14,688.79
16,949.31
19,557.72
15,723.66
14,893.72
13,936.06
12,831.02
11,555.92
10,084.59
8,386.82
6,427.78
4,167.26
1,558.85
$111,600.00
$99,565.70
TASA ANUAL DEL FINANCIAMIENTO:
CALCULO DE LA ANUALIDAD
DATO:
Prstamo de Accionist
Inters Anual Aporte de Accionist
0.012 mensual en US $
Inters Bancario mens. Ahorro PFen US
A = P i (1 + i) n
12
=
Costo Anual del Financiamien
1.012
(1 + i) - 1
n
12
1.005652
=
* Costo Anual del Prest. Bancar
( * ): Slo para efectos de calcular el costo Ponderado de Capital.
"Financiamiento en 120 Pagos =s"
CONDICIONES
P=
$111,600.00 US $
i=
1.2% mensual
n=
120 meses
Valor del Pago Mensual = A

A=
CUADRO N 9
AMORTIZACION DEL PRESTAMO E INTERESES
en Nuevos Soles
MESES
PRINCIPAL
AMORTIZACION
INTERES
$111,600.00
$420.51
$1,339.20
$111,179.49
$425.56
$1,334.15
$110,753.93
$430.67
$1,329.05
$110,323.26
$435.84
$1,323.88
$109,887.42
$441.07
$1,318.65
$109,446.36
$446.36
$1,313.36
$109,000.00
$451.71
$1,308.00
$108,548.29
$457.13
$1,302.58
$108,091.15
$462.62
$1,297.09
10
$107,628.53
$468.17
$1,291.54
11
$107,160.36
$473.79
$1,285.92
12
$106,686.57
$479.48
$1,280.24
13
$106,207.09
$485.23
$1,274.49
14
$105,721.87
$491.05
$1,268.66
15
$105,230.81
$496.94
$1,262.77
16
$104,733.87
$502.91
$1,256.81
17
$104,230.96
$508.94
$1,250.77
18
$103,722.02
$515.05
$1,244.66
19
$103,206.97
$521.23
$1,238.48
20
$102,685.74
$527.49
$1,232.23
21
$102,158.25
$533.82
$1,225.90
22
$101,624.44
$540.22
$1,219.49
23
$101,084.22
$546.70
$1,213.01
24
$100,537.51
$553.26
$1,206.45
25
$99,984.25
$559.90
$1,199.81
26
$99,424.35
$566.62
$1,193.09
27
$98,857.72
$573.42
$1,186.29
28
$98,284.30
$580.30
$1,179.41
29
$97,704.00
$587.27
$1,172.45
30
$97,116.73
$594.31
$1,165.40
31
$96,522.42
$601.45
$1,158.27
32
$95,920.98
$608.66
$1,151.05
33
$95,312.31
$615.97
$1,143.75
34
$94,696.35
$623.36
$1,136.36
35
$94,072.99
$630.84
$1,128.88
36
$93,442.15
$638.41
$1,121.31
37
$92,803.74
$646.07
$1,113.64
38
$92,157.67
$653.82
$1,105.89
39
$91,503.85
$661.67
$1,098.05
40
$90,842.18
$669.61
$1,090.11
41
$90,172.57
$677.64
$1,082.07
42
$89,494.93
$685.77
$1,073.94
43
$88,809.16
$694.00
$1,065.71
44
$88,115.15
$702.33
$1,057.38
45
$87,412.82
$710.76
$1,048.95
46
$86,702.06
$719.29
$1,040.42
47
$85,982.77
$727.92
$1,031.79
48
$85,254.85
$736.66
$1,023.06
49
$84,518.19
$745.50
$1,014.22
50
$83,772.70
$754.44
$1,005.27
51
$83,018.26
$763.50
$996.22
52
$82,254.76
$772.66
$987.06
53
$81,482.10
$781.93
$977.79
54
$80,700.17
$791.31
$968.40
55
$79,908.86
$800.81
$958.91
56
$79,108.05
$810.42
$949.30
57
$78,297.64
$820.14
$939.57
58
$77,477.49
$829.98
$929.73
59
$76,647.51
$839.94
$919.77
60
$75,807.57
$850.02
$909.69
61
$74,957.54
$860.22
$899.49
62
$74,097.32
$870.55
$889.17
63
$73,226.77
$880.99
$878.72
64
$72,345.78
$891.56
$868.15
65
$71,454.22
$902.26
$857.45
66
$70,551.95
$913.09
$846.62
67
$69,638.86
$924.05
$835.67
68
$68,714.81
$935.14
$824.58
69
$67,779.68
$946.36
$813.36
70
$66,833.32
$957.71
$802.00
71
$65,875.60
$969.21
$790.51
72
$64,906.40
$980.84
$778.88
73
$63,925.56
$992.61
$767.11
74
$62,932.95
$1,004.52
$755.20
75
$61,928.43
$1,016.57
$743.14
76
$60,911.86
$1,028.77
$730.94
77
$59,883.09
$1,041.12
$718.60
78
$58,841.97
$1,053.61
$706.10
79
$57,788.36
$1,066.25
$693.46
80
$56,722.11
$1,079.05
$680.67
81
$55,643.06
$1,092.00
$667.72
82
$54,551.06
$1,105.10
$654.61
83
$53,445.96
$1,118.36
$641.35
84
$52,327.60
$1,131.78
$627.93
85
$51,195.81
$1,145.36
$614.35
86
$50,050.45
$1,159.11
$600.61
87
$48,891.34
$1,173.02
$586.70
88
$47,718.32
$1,187.09
$572.62
89
$46,531.23
$1,201.34
$558.37
90
$45,329.89
$1,215.76
$543.96
91
$44,114.13
$1,230.34
$529.37
92
$42,883.79
$1,245.11
$514.61
93
$41,638.68
$1,260.05
$499.66
94
$40,378.63
$1,275.17
$484.54
95
$39,103.46
$1,290.47
$469.24
96
$37,812.99
$1,305.96
$453.76
97
$36,507.03
$1,321.63
$438.08
98
$35,185.40
$1,337.49
$422.22
99
$33,847.91
$1,353.54
$406.17
100
$32,494.37
$1,369.78
$389.93
101
$31,124.59
$1,386.22
$373.50
102
$29,738.37
$1,402.85
$356.86
103
$28,335.52
$1,419.69
$340.03
104
$26,915.83
$1,436.72
$322.99
105
$25,479.10
$1,453.96
$305.75
106
$24,025.14
$1,471.41
$288.30
107
$22,553.73
$1,489.07
$270.64
108
$21,064.66
$1,506.94
$252.78
109
$19,557.72
$1,525.02
$234.69
110
$18,032.70
$1,543.32
$216.39
111
$16,489.37
$1,561.84
$197.87
112
$14,927.53
$1,580.58
$179.13
113
$13,346.95
$1,599.55
$160.16
114
$11,747.40
$1,618.75
$140.97
115
$10,128.65
$1,638.17
$121.54
116
$8,490.48
$1,657.83
$101.89
117
$6,832.65
$1,677.72
$81.99
118
$5,154.93
$1,697.85
$61.86
119
$3,457.08
$1,718.23
$41.48
120
$1,738.85
$1,738.85
$20.87
$111,600.00
$99,565.70
PRINCIPAL
INTERESES
T O TAL E S :
FINAL DE LA HOJA
AMIENTO
F
= Importe de la Cuota Fija Mensual

= Importe de la Cuota Fija Anual
$111,600.00
I
Pagos mensuales
UADRO N 8
LA DEUDA "CON ACCIONISTAS"

en US. $
PAGOS (A+I)
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
21,116.57
$211,165.70
15.39%
Prstamo de Accionistas:
Inters Anual Aporte de Accionistas:
Inters Bancario mens. Ahorro PFen US $:
$111,600.00
7.00%
0.005652
1.1539
Costo Anual del Financiamiento:
0.1539
1.0700
* Costo Anual del Prest. Bancario:
"Financiamiento en 120 Pagos =s"
Valor del Pago Mensual = A

$1,759.71
0.0700
UADRO N 9
EL PRESTAMO E INTERESES
N
A
PAGO MENSUAL
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
F
I
N
A
L
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
DE LA HOJA
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$1,759.71
$211,165.70
TOTAL
CUADRO N 10
ESTADO DE PERDIDAS Y GANANCIAS PA

Proyectado en USA. $
RUBROS
1er. Ao
2do. Ao
3er. Ao
4to. Ao
VENTAS
302,940.00
339,292.80
388,066.14
426,236.58
menos: Costo de Produccin
119,379.81
129,337.38
139,491.71
148,058.22
UTILIDAD BRUTA EN VENTAS
183,560.19
209,955.42
248,574.43
278,178.36
14,229.40
14,592.93
15,080.66
15,462.37
UTILIDAD NETA EN VENTAS
169,330.79
195,362.49
233,493.77
262,715.99
menos: Gastos Administrativos
67,760.00
67,760.00
67,760.00
67,760.00
101,570.79
127,602.49
165,733.77
194,955.99
5,392.91
6,222.84
7,180.51
8,285.55
menos:Intereses por Financiamiento
15,723.66
14,893.72
13,936.06
12,831.02
UTILIDAD NETA (Renta Neta)
80,454.22
106,485.92
144,617.20
173,839.42
menos:30 % a/cta. del Imp.a la Renta
24,136.27
31,945.78
43,385.16
52,151.83
56,317.96
74,540.14
101,232.04
121,687.60
menos: Gastos de Venta
UTILIDAD DE OPERACION
menos:Amortizacin del Prstamo
RENTA NETA DESP. IMPUESTOS:
CUADRO N 11
ESTADO DE FUENTES Y USOS PARA E

en US.$
RUBROS
1er. Ao
2do. Ao
3er. Ao
4to. Ao
FUENTES
Renta Neta despus de Impuestos
Depreciacion Maq.y Equipo Producc.
Depreciacion Equipos Auxiliares
Depreciacion Equipos de Oficina
Deprec. B. Inmuebles e imprevistos
Depreciacin Inversin Intangible
Aporte Propio: Capital de Trabajo
Financiamto. "Prst. de Accionistas"
TOTAL INGRESOS
56,318
74,540
101,232
121,688
5,520.00
320.00
560.00
3,475.00
8,500.00
53,934.95
111,600.00
240,227.91
5,520.00
320.00
560.00
3,475.00
0.00
84,415.14
5,520.00
320.00
560.00
3,475.00
0.00
111,107.04
5,520.00
320.00
560.00
3,475.00
0.00
131,562.60
27,600.00
3,200.00
2,800.00
69,500.00
8,500.00
53,934.95
5,392.91
170,927.86
------------------------------------------------------------------------6,222.84
6,222.84
------------------------------------------------------------------------7,180.51
7,180.51
------------------------------------------------------------------------8,285.55
8,285.55
69,300.05
78,192.30
103,926.53
123,277.05
USOS
Adquisic. Maquinaria y Equipo Product.
Adquisicin Equipos Auxiliares

Adquisicin Equipos de Oficina
Adquisicin Inmuebles e imprevistos
Inversin Activos Intangibles
Amortizacin del Financiamiento
TOTAL EGRESOS
SALDO NETO ANUAL
SALDO NETO ANUAL ACUMULADO
69,300.05
147,492.35
251,418.88
374,695.93
F I NAL D E L A H O J A
"COMPROBACION"
INVERSION
US $
Adquisic. Maquinaria y Equipo Product.

Adquisicin Equipos Auxiliares
Adquisicin Equipos de Oficina
Adquisicin Inmuebles e imprevistos
Inversin Activos Intangibles
T O T A L:
27,600.00
3,200.00
2,800.00
69,500.00
8,500.00
53,934.95
165,534.95 es idntico a:
111,600.00 PRESTAMO BANCARIO

53,934.95 CAPITAL DE TRABAJO
165,534.95 INVERSION TOTAL
CUADRO N 10
S Y GANANCIAS PARA EL NEGOCIO
Proyectado en USA. $
5to. Ao
6to. Ao
7mo. Ao
8vo. Ao
9no. Ao
10mo. Ao
458,045.28
521,026.51
554,425.64
594,504.60
659,298.92
701,381.84
156,390.93
168,774.69
175,310.80
185,352.54
196,607.63
204,484.91
301,654.35
352,251.81
379,114.85
409,152.06
462,691.29
496,896.92
15,780.45
16,410.27
16,744.26
17,145.05
17,792.99
18,213.82
285,873.90
335,841.55
362,370.59
392,007.02
444,898.30
478,683.10
67,760.00
67,760.00
67,760.00
67,760.00
67,760.00
67,760.00
218,113.90
268,081.55
294,610.59
324,247.02
377,138.30
410,923.10
9,560.65
11,031.98
12,729.75
14,688.79
16,949.31
19,557.72
11,555.92
10,084.59
8,386.82
6,427.78
4,167.26
1,558.85
196,997.33
246,964.98
273,494.02
303,130.45
356,021.73
389,806.53
59,099.20
74,089.49
82,048.21
90,939.13
106,806.52
116,941.96
137,898.13
172,875.48
191,445.81
212,191.31
249,215.21
272,864.57
CUADRO N 11
NTES Y USOS PARA EL NEGOCIO

en US.$
5to. Ao
6to. Ao
7mo. Ao
8vo. Ao
9no. Ao
10mo. Ao
137,898
172,875
191,446
212,191
249,215
272,865
5,520.00
320.00
560.00
3,475.00
0.00
147,773.13
0.00
320.00
0.00
3,475.00
0.00
176,670.48
0.00
320.00
0.00
3,475.00
0.00
195,240.81
0.00
320.00
0.00
3,475.00
0.00
215,986.31
0.00
320.00
0.00
3,475.00
0.00
253,010.21
0.00
320.00
0.00
3,475.00
0.00
276,659.57
------------------------------------------------------------------------9,560.65
9,560.65
------------------------------------------------------------------------11,031.98
11,031.98
------------------------------------------------------------------------12,729.75
12,729.75
------------------------------------------------------------------------14,688.79
14,688.79
------------------------------------------------------------------------16,949.31
16,949.31
------------------------------------------------------------------------19,557.72
19,557.72
138,212.48
165,638.50
182,511.07
201,297.53
236,060.90
257,101.86
512,908.41
ESTAMO BANCARIO
PITAL DE TRABAJO
VERSION TOTAL
678,546.91
861,057.98
1,062,355.51
1,298,416.41
1,555,518.27
CUADRO N 12
FLUJO DE CAJA FINANCIERO PROYECTADO PARA EL NEGOCIO

en USA. $
CONCEPTO
AO
PRE-OPERATIVOS
1er. Ao
2do. Ao
3er. Ao
4to. Ao
CAJA INICIAL
INGRESOS OPERATIVOS
INGRESOS POR VENTAS
0.00
8,500.00
0.00
0.00
302,940.00
302,940.00
0.00
339,292.80
339,292.80
0.00
388,066.14
388,066.14
0.00
426,236.58
426,236.58
OTROS INGRESOS
EGRESOS OPERATIVOS
INVERSION FIJA INTANGIBLE
COSTO DE PRODUCCION
GASTOS DE ADMIN. Y VENTAS
0.00
8,500.00
8,500.00
0.00
0.00
0.00
201,369.21
0.00
119,379.81
81,989.40
0.00
211,690.31
0.00
129,337.38
82,352.93
0.00
222,332.37
0.00
139,491.71
82,840.66
0.00
231,280.59
0.00
148,058.22
83,222.37
SALDO DE CAJA OPERATIVO
$0.00
$101,570.79
$127,602.49
$165,733.77
$194,955.99
TOTAL INVERSION
APORTE PROPIO (Cap. Trab.)
FINANCIAMIENTO
$165,534.95
45,434.95
111,600.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
AMORTIZACION PRESTAMO
0.00
5,392.91
6,222.84
7,180.51
8,285.55
INTERESES DEL PRESTAMO
0.00
15,723.66
14,893.72
13,936.06
12,831.02
PAGO 30% A/C. IMPUESTOS

Valor No Depreciado B.Inmueble
0.00
0.00
24,136.27
0.00
31,945.78
0.00
43,385.16
0.00
52,151.83
0.00
SALDO DE CAJA FINANCIERO
$0.00
$80,454.22
$106,485.92
$144,617.20
$173,839.42
SALDO DE CAJA FIN. ACUMUL.
0.00
80,454.22
186,940.14
331,557.34
505,396.77
FLUJO DE CAJA ECONOMICO
$0.00
$101,570.79
$127,602.49
$165,733.77
$194,955.99
0.00
56,317.96
74,540.14
101,232.04
121,687.60
SALDO ECON. DISPONIBLE
*DATOS DEL FLUJO DE CAJA :
($165,535)
80,454
106,486
144,617
173,839
( * ): Los datos consignados, servirn para calcular la Tasa Interna de Retorno.
TASA I NT E R NA D E R ET O R N O PARA E L N E G O C I O
CUADRO N 13
COSTO PONDERADO DE CAPITAL
COMPOSICION
CONCEPTOS
PORCENTAJE
COSTO DE CAPITAL
VALOR
DEL TOTAL
(en cifras decimales)
DE LA INVERSION
PRESTAMO ACCIONISTAS :
$111,600.00
APORTE PROPIO (Cap. Trab.) :
$53,934.95
TOTALES :
67.42
15.39
PONDERADO
1,037.52
32.58
7.00
227.99
100.00
COSTO PONDERADO DE CAPITAL (CPC) =
SUB TOTALES
1,265.51
TOTAL VALOR POND.
COSTO PONDERADO DE CAPITAL (%) =
100.00
TIR : 73%
TIR. =
72.94%
CPC. =
12.66%
RENTABILIDAD = TIR - Costo de Capital
RENTABILIDAD = 60.28%
Inters Bancario (mx.) = 7%

CUADRO N 14
12.66
VALOR ACTUAL NETO

V.A.N.= $1,079,897.54
CPC.=
y slo como referencia, V.A.N.=
VALOR PARA EL FACTOR DE ACTUALIZACION (%) =
S/. 3,747,244.45
12.66
Representa el Valor Presente de los Saldos Financieros al final del 10mo. ao.
CUADRO N 15
CALCULOS PARA EL VALOR ACTUAL NETO ECONOMICO

"RECUPERACION DEL CAPITAL BASADA EN LOS FLUJOS DE EFECTIVO"
A O S
1/(1 + 0.1266)1 = 0.88763
Valor Actualizado al 12.66%
1er. Ao
2do. Ao
3er. Ao
4to. Ao
5to. Ao
6to. Ao
7mo. Ao
8vo. Ao
9no. Ao
10mo. Ao
VALORES RELEVANTES en Nuevos Soles

ECONOMICO
$101,570.79
$127,602.49
$165,733.77
$194,955.99
$218,113.90
$268,081.55
$294,610.59
$324,247.02
$377,138.30
$410,923.10
* FACTOR ACTUALIZ.
* ACTUALIZADO
0.88763
0.78788
0.69934
0.62076
0.55100
0.48908
0.43412
0.38534
0.34204
0.30360
$90,156.93
$100,535.55
$115,904.89
$121,020.13
$120,180.67
$131,113.81
$127,896.93
$124,944.75
$128,995.01
$124,756.47
TOTAL ACTUALIZADO AL 12.66% (CPC) :
$1,185,505.14
Nota.- El Flujo de Caja Econmico, sirve adems para calcular el Perodo de Recuperacin de la Inversin.
Valor Actualizado Neto Econmico (VANE) = TOTAL ACTUALIZADO - INVERSION

INVERSION TOTAL US $ =
$165,534.95
:. El VANE al final del 10mo. Ao, es:
V.A.N.E. =
$1,019,970.19
V.A.N.E. = S/
OK., despus de recuperer la Inversin
293,939.54 (slo como referencia monetaria)
V.A.N.E. = 616.17%
como excedente respecto a la Inversin
CUADRO N 16
PERIODO DE RECUPERACION DE LA INVERSION

(en Nuevos Soles)
AOS
1
2
3
4
5
FLUJO ECONOMICO ANUAL(F.E.A.)
ACTUALIZADO
ACUMULADO
$90,156.93
$90,156.93
$100,535.55
$190,692.48
$115,904.89
$306,597.37
$121,020.13
$427,617.49
$120,180.67
$547,798.16
Nota.- Valores tomados del Cuadro N 15
INVERSION EN USA $ =
INVERSION EN NUEVOS SOLES =

RESULTADOS (FEAA - INV)
Al final del 1er Ao de Operac.
Al final del 2do Ao de Operac.
Al final del 3er Ao de Operac.
Al final del 4to Ao de Operac.
Al final del 5to Ao de Operac.
$165,534.95
S/. 574,406.28
FLUJO ECONOMICO ANUAL ACTUALIZADO
Supera el monto invertido
$190,692.48 . . . . . . . . . . . . .
$165,534.95 . . . . . . . . . . . . .
x1% =
x2% =
x3% =
0.87
10.42
12.60
:. 1 Ao, 10 meses y 13 das
IMPORTE
-$75,378.02
$25,157.53 El Importe positivo, confirma que la recuperacin
$141,062.42 produce en el perodo en que esto ocurre (2do.)
$262,082.54
$382,263.21
El Flujo Econmico Anual Acum. excede en magnitud a la Inversin Total en: S/. 25,157.53
Esta situacin ocurre a partir del 2do. Ao, por lo que el P.R.C. es igual a:
Perodo de Recuperac. del Capital =
AOS
Perodo de Recuperac. del Capital =
MESES
DIAS
10
13
CUADRO N 17
CALCULO DE LA RELACION COSTO - BENEFICIO

en USA. $
RUBROS
AOS
SALDO NETO ANUAL
1er. Ao
2do. Ao
3er. Ao
4to. Ao
5to. Ao
69,300.05
78,192.30
103,926.53
123,277.05
138,212.48
69,300.05
147,492.35
251,418.88
374,695.93
512,908.41
0.88763
0.78788
0.69934
0.62076
0.55100
SALDO NETO ANUAL ACTUALIZADO
61,512.56
61,606.21
72,680.38
76,524.98
76,155.02
S.NETO ANUAL ACUM.ACTUALIZADO
61,512.56
123,118.77
195,799.15
272,324.13
348,479.15
SALDO NETO ANUAL ACUMULADO

FACTOR DE ACTUALIZACION AL 12.66%
RELAC. "BENEFICIO/COSTO" =
$745,087.29
$165,534.95
RELACION BENEFICIO/COSTO =
4.50
Nota.- Esto significa, que por cada US. $ invertido, se obtienen: US $
FINAL DE LA HOJA
4.50
A
L
5to. Ao
6to. Ao
7to. Ao
8vo. Ao
9no. Ao
10mo. Ao
0.00
458,045.28
458,045.28
0.00
521,026.51
521,026.51
0.00
554,425.64
554,425.64
0.00
594,504.60
594,504.60
0.00
659,298.92
659,298.92
0.00
701,381.84
701,381.84
0.00
239,931.38
0.00
156,390.93
83,540.45
0.00
252,944.96
0.00
168,774.69
84,170.27
0.00
259,815.05
0.00
175,310.80
84,504.26
0.00
270,257.59
0.00
185,352.54
84,905.05
0.00
282,160.62
0.00
196,607.63
85,552.99
0.00
290,458.73
0.00
204,484.91
85,973.82
$218,113.90
$268,081.55
$294,610.59
$324,247.02
$377,138.30
$410,923.10
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
45,434.95
45,434.95
0.00
9,560.65
11,031.98
12,729.75
14,688.79
16,949.31
19,557.72
11,555.92
10,084.59
8,386.82
6,427.78
4,167.26
1,558.85
59,099.20
0.00
74,089.49
0.00
82,048.21
0.00
90,939.13
0.00
106,806.52
0.00
116,941.96
34,750.00
$196,997.33
$246,964.98
$273,494.02
$303,130.45
$356,021.73
$424,556.53
I
N
A
L
702,394.10
949,359.08
1,222,853.10
1,525,983.54
1,882,005.27
2,306,561.81
$218,113.90
$268,081.55
$294,610.59
$324,247.02
$377,138.30
$410,923.10
137,898.13
172,875.48
191,445.81
212,191.31
249,215.21
272,864.57
F
I
N
A
L
196,997
246,965
273,494
303,130
356,022
424,557
F
I
N
A
L
ICO ANUAL ACTUALIZADO
100%
x%
Aos
Meses
Das
Ao, 10 meses y 13 das
onfirma que la recuperacin se

o en que esto ocurre (2do.)
F
L
6to. Ao
7mo. Ao
8vo. Ao
9no. Ao
10mo. Ao
165,638.50
182,511.07
201,297.53
236,060.90
257,101.86
678,546.91
861,057.98
1,062,355.51
1,298,416.41
1,555,518.27
0.48908
0.43412
0.38534
0.34204
0.30360
81,010.78
79,232.07
77,567.62
80,741.41
78,056.26
429,489.93
508,722.00
586,289.62
667,031.03
745,087.29
VENTAS COSTOS Y UTILIDADES DURANTE LA VIDA UTIL DEL PROYE

en USA $
CF
132,760.00
132,760.00
132,760.00
132,760.00
132,760.00
132,760.00
CV
82,979.81
92,937.38
103,091.71
111,658.22
119,990.93
132,374.69
CT
215,739.81
225,697.38
235,851.71
244,418.22
252,750.93
265,134.69
VPROY
302,940.00
339,292.80
388,066.14
426,236.58
458,045.28
521,026.51
VENTAS COSTOS Y UTILIDADES

800,000.00
VENTAS
700,000.00
600,000.00
500,000.00
400,000.00
300,000.00
200,000.00
100,000.00
CF
CV AOS
CT
FIN DE LA HOJA
VPROY
TE LA VIDA UTIL DEL PROYECTO

7
10
132,760.00
132,760.00
132,760.00
132,760.00
138,910.80
148,952.54
160,207.63
168,084.91
271,670.80
281,712.54
292,967.63
300,844.91
554,425.64
594,504.60
659,298.92
701,381.84
UTILIDADES
V AOS
CT
JA
VPROY
10

Evalucion de Proyectos Universidad San Martin

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Evalucion de Proyectos Universidad San Martin

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SIMULACION DEL PROYECTO

DATOS DE RIGOR PARA ALIMENTAR EL MODELO DE S

Precio Venta Unitario PT.

INGRESOS POR VENTAS

Materia Prima: Aji amarillo

Indices de Variac. Precio Adq. MP.

Costo Unit. M. Prima: Aji amarillo

Sub Total Materia Prima: Aji amarillo

Costo de Envases y Otros Ins. Dir.

Indices de Variac. Precio Otros Ins.

Sub Total Envases y Otros Ins. Dir.

Energia electrica Produccion

Agua Potable Produccion

Petrleo para Generacin de Vapor

Sub Total Serv. Productivos

Sub Total costos Variables

Energia electrica Ilum. y Refrigerac.

Agua Potable (uso del personal)

Costos Servcios No Productivos

Sub-Total Mano de Obra Directa:

Sub-Total Mano de Obra Indirecta:

Personal rotativo labores menores

Sub Total Costos Fijos

Mesa de seleccin y corte

Sub-Total Eq. Auxiliares

Sub Total B. Inmuebles e imprev.

TOTAL INV. FIJA TANGIBLE

Costos de Organiz. y Constituc.

Entrenamiento del Personal

Gastos de Puesta en marcha

TOTAL INV. FIJA INTANGIBLE

( *): Incluye el importe correspondiente al Capital de Trabajo.

COSTO DE LA MANO DE OBRA PARA EL PROYECTO

Sub total M.O.I.

Total Costo de Mano de Obra

Deprec. Maquinaria y Equipo Prod.

Depreciacion Equipos Auxiliares

Depreciacin Equipos de Oficina

Deprec. B. Inmuebles e imprevistos

Depreciacin Inversin Intangible

SUB - TOTAL DEPRECIACION:

INVERSION POR FINANCIAM. =

TOTAL DEPREC. Y RESERVA:

RESUMEN DE RESULTADOS PARA EL NEGOC

INVERSION POR FINANCIAMIENTO

IMPORTE DE LA CUOTA FIJA MENSUAL

INGRESO TOTAL POR VENTAS 1er. Ao

INGRESO TOTAL POR VENTAS 2do. Ao

INGRESO TOTAL POR VENTAS 3er. Ao

INGRESO TOTAL POR VENTAS 5to. Ao

INGRESO TOTAL POR VENTAS 10mo. Ao

RENTA NETA DESP.DE IMPUEST.1er. Ao

RENTA NETA DESP.DE IMPUEST.2do. Ao

RENTA NETA DESP.DE IMPUEST.3er. Ao

RENTA NETA DESP.DE IMPUEST.5to. Ao

RENTA NETA DESP.DE IMPUEST.10mo. Ao

PUNTO DE EQUILIBRIO OPERACION (1er ao)

PUNTO DE EQUILIBRIO OPERACION (1er ao) % Cap. Terica

RENTABILIDAD DEL NEGOCIO

FINAL DE ESTA HOJA

TAR EL MODELO DE SIMULACION

Inversin Total; caso contrario, se ha cometido

: Valor no Depr. B. Inmueble