2

40

100

Tabla 3,1
X

Aos

1
2
3
4
5
6
7
8
9
10

2004
2005
2006
2007
2008
2009
2010
2011
2012
2013

11
12
13
14
15
16

2014
2015
2016
2017
2018
2019

ABASTECIMIENTO DE Y EN TONELADAS
Otras
La Guardia
El torno
comunidad
1542
771.00
1542.00
1641
820.50
1641.00
1744
872.00
1744.00
1812
906.00
1812.00
1952
976.00
1952.00
2004
1002.00
2004.00
2111
1055.50
2111.00
2254
1127.00
2254.00
2388
1194.00
2388.00
2499
1249.50
2499.00
2632.18
2769.68
2912.59
3060.90
3214.62
3373.73

1316.09
1384.84
1456.30
1530.45
1607.31
1686.86

2632.18
2769.68
2912.59
3060.90
3214.62
3373.73

Total Prod. Yuca

3,855.00
4,102.50
4,360.00
4,530.00
4,880.00
5,010.00
5,277.50
5,635.00
5,970.00
6,247.50
6,580.44
6,924.21
7,281.48
7,652.26
8,036.54
8,434.32

TABLA 3,2

REQUERIMIENTO DE YUCA EN MILES DE KG

EN SANTA CRUZ
X

AO

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Tabla 3,3

Requerimiento en
miles de kg
3452
3555.6
3662.2
3772.1
3885.3
4001.8
4121.9
4245.5
4372.9
4504.1
4637.73
4775.23
4916.19
5060.60
5208.46
5359.77

60

BALANCE DE MATERIA PRIMA

AO

2014
2015
2016
2017
2018
2019

ABASTECIMIENTO

6,580.44
6,924.21
7,281.48
7,652.26
8,036.54
8,434.32

REQUERIMIENTO

4,637.73
4,775.23
4,916.19
5,060.60
5,208.46
5,359.77

A-R TN
1,942.71
2,148.97
2,365.29
2,591.66
2,828.08
3,074.55

MP. EN KG
1,942,713.10
2,148,974.40
2,365,288.90
2,591,656.60
2,828,077.50
3,074,551.60

ALMIDON DE YUCA
EN gr

302,091,887.05
334,165,519.20
367,802,423.95
403,002,601.30
439,766,051.25
478,092,773.80

Grafico 3,1
3000

y = 2.7008x2 + 75.389x + 1476.1

R = 0.9969

2500

2000
1500

Series1
Poly. (Series1)

1000
500
0
1

10

5000

y = 1.7254x2 + 97.823x + 3352.9

R = 1

4500

4000
3500
3000
2500

Series1

2000

Poly. (Series1)

1500
1000
500

0
1

10

ALMIDON DE YUCA
EN ENVASES DE 500
gr

604,184.00
668,331.00
735,605.00
806,005.00
879,532.00
956,186.00

1000
10
1555
500

kg
kg
gr.
gr.

1400

X
1
2
3
4
5
6
7
8
9
10
11
12

AO
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019

Oferta de
AlmiYuc

oferta insumos S.R.L.

en envases

600,000.00
622,605.00
645,210.00
667,815.00
690,420.00
713,025.00
735,630.00
758,235.00
780,840.00
803,445.00
826,050.00
848,655.00

120,000.00
124,521.00
129,042.00
133,563.00
138,084.00
142,605.00
147,126.00
151,647.00
156,168.00
160,689.00
165,210.00
169,731.00

Importacion

Total Oferta

55,000.00
50,000.00
45,000.00
40,000.00
35,000.00
30,000.00
25,000.00
20,000.00
15,000.00
10,000.00

720,000.00
747,126.00
829,252.00
851,378.00
873,504.00
895,630.00
917,756.00
939,882.00
962,008.00
984,134.00
1,006,260.00
1,028,386.00

145,000.00
y = 4521x + 115479
R = 1

140,000.00
135,000.00
130,000.00

Series1

125,000.00

Linear (Series1)

120,000.00
115,000.00
110,000.00
105,000.00
1

aos
2014
2015
2016
2017
2018
2019

BALANCE DE MERCADO
OFERTA
DEMANDA
917,756.00
1,080,787.00
939,882.00
1,092,328.00
962,008.00
1,103,869.00
984,134.00
1,115,410.00
1,006,260.00
1,126,951.00
1,028,386.00
1,138,492.00

O-D
-163,031.00
-152,446.00
-141,861.00
-131,276.00
-120,691.00
-110,106.00

1
2
3
4
5
6
7
8
9
10

y = 4521x + 115479
R = 1

ao

Demanda

1
2
3
4
5
6
7
8
9
10
11
12

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019

1,015,212.0
1,026,753.0
1,038,294.0
1,049,835.0
1,061,376.0
1,072,917.0
1,080,787.0
1,092,328.0
1,103,869.0
1,115,410.0
1,126,951.0
1,138,492.0

1,080,000.0
1,060,000.0
1,040,000.0
1,020,000.0
1,000,000.0
980,000.0
1

60,000.00
50,000.00
40,000.00
30,000.00
20,000.00
10,000.00
0.00

Series1
Linear (Series1)

y = -5000x + 60000
R = 1
Series1
Linear (Series1)

-1
163,031.00
152,446.00
141,861.00
131,276.00
120,691.00
110,106.00

ar (Series1)

y = 11541x + 1E+06
R = 1
Series1
Linear (Series1)

AO

BALANCE DE
PRIMA

BALANCE DE
MERCADO

CAP. DE PRODUCCION

2014
2015
2016
2017
2018
2019

604,184.0
668,331.0
735,605.0
806,005.0
879,532.0
956,186.0

163,031.0
152,446.0
141,861.0
131,276.0
120,691.0
110,106.0

161,832.0
161,832.0
161,832.0
161,832.0
161,832.0
161,832.0

PROGRAMA DE
PRODUCCION

161,832.0
152,446.0
141,861.0
131,276.0
120,691.0
110,106.0

Demanda
Cantidad Kg.
Mes
Precio Bs.
7
45000
8
49000
9
53000
10
57000

Oferta
Cantidad Kg.
Mes
Precio Bs.
6.5
50000
8.5
40000
10.5
30000
12.5
20000

Demanda
Oferta
B=
4000
-5000
A=
17000
82500
Precio de Mercado
7.28

Costos fijos Anual

12.0
Detalle
Mes en Bs. Anual en Bs.
Alquiler
2,300.0
27,600.0
Sueldos adm.
8,000.0
96,000.0
Serv. basicos. Adm.
125.0
1,500.0
Total
10,425.0
125,100.0

Costos Variables x envase

Costos Variable c/envase
Materia prima
Insumo
Envase
Mano de obra
Servicios basicos
de Prod.
Total
Costo variable
primer ao

/12
costo de variable
costo fijo

161,832.0 primer mes de produccion

94,402.0
412,536.7
10,425.0

Costos Variables x envase

Costos Variable c/envase
2.50
0.25
0.90
0.55
0.17
4.37

707205.84
832305.84
485511.74

INVERSION TOTAL
INVERSION FIJA
MAQUINARIA
VEHICULO
HERRAMIENTAS
EQUIPOS
MUEBLES Y ENSERES

650,816.74
128,455.00
34,000.00
65,000.00
6,000.00
15,000.00
8,455.00

INVERSION DIFERIDA
PROYECTO
ESTUDIOS DE MERCADO
GASTO DE ORGANIZACIN

36,850.00
25,000.00
5,000.00
6,850.00

CAPITAL DE TRABAJO
CAPITAL DE OPERACIONES

485,511.74
485,511.74

origen
Prestamo Bancario
Aporte propio

COSTO DE CAPITAL PROMEDIO PONDE

Detalle
Aporte Propio
Financiado Banco union

291307.044

% Monto
60%
390,490.04
40%
260,326.70

CAPITAL PROMEDIO PONDERADO

Porcentaje
Tasa
Costo Capital
40%
35%
14%
60%
13%
8%
22%

Amortizacion de credito
tasa de interes
Perodo
Monto Bs.
13%
1
390,490.04
50,763.71
2
325,408.37
42,303.09
3
260,326.70
33,842.47
4
195,245.02
25,381.85
5
130,163.35
16,921.24
6
65,081.67
8,460.62
totales
177,672.97

zacion de credito
Amortizacion
Total a pagar
de capital
65,081.67 115,845.38
65,081.67 107,384.76
65,081.67
98,924.14
65,081.67
90,463.53
65,081.67
82,002.91
65,081.67
73,542.29
390,490.04 568,163.01

Detalle
Maquinaria
Vehculo
Herramientas
Equipos
Muebles y enseres
Total

Valor Tiempo Depreciacin

34000
5
6800
65000
8
8125
6000
3
2000
15000
5
3000
8455
5
1691
120000
26
21616

1
6800
8125
2000
3000
1691
21616

2
6800
8125
2000
3000
1691
21616

3
6800
8125
2000
3000
1691
21616

4
6800
8125

5
6
6800
0
8125 8125

3000 3000
1691 1691
0
19616 19616 8125

Valor Residual
16250

16250

Ingresos y Egresos
(Bs.)
Ao
Ingresos
Precio
Cantidad
Egresos (Costos Totales)
Costos Fijos
Costos Variables
Otros costos
depreciacion
Utilidad Bruta
utilidad neta

Cant. de equilibrio = CF/(Pv -Cu)

1
2014
2015
2016
1,178,136.96 1,109,806.88 1,032,748.08
7.28
7.28
7.28
161,832.00 152,446.00 141,861.00
859,305.84 812,905.02 766,648.57
125,100.00 125,100.00 125,100.00
707,205.84 666,189.02 619,932.57
27,000.00
21,616.00
21,616.00
21,616.00
318,831.12
79,707.78
239,123.34

42,989.69

296,901.86
74,225.47
222,676.40

266,099.51
66,524.88
199,574.63

2017
955,689.28
7.28
131,276.00
718,392.12
125,100.00
573,676.12

2018
878,630.48
7.28
120,691.00
672,135.67
125,100.00
527,419.67

2019
801,571.68
7.28
110,106.00
614,388.22
125,100.00
481,163.22

19,616.00

19,616.00

8,125.00

237,297.16
59,324.29
177,972.87

206,494.81
51,623.70
154,871.11

187,183.46
46,795.87
140,387.60

AO
CANTIDAD
PRECIO
INGRESOS
OTROS INGRESOS
COSTOS FIJOS
COSTOS VARIABLES
OTROS COSTOS (PUBLICIDADx6meses)
DEPRECIACION
AMORTIZACION INTANGINBLE
UTILIDAD ANTES DE IMPUESTOS
IMPUESTOS 25%
COSTOS BANCARIOS
PAGO AL BANCO
UTILIDAD DESPUES DE IMPUESTOS
DEPRECIACION
AMORTIZACION INTANGINBLE
VALOR RESIDUAL
INV. FIJA
INV. DIFERIDA
INV CAP TRABAJO
FLUJO NETO

FLUJO DE CAJA CON FINANCIAMIENTO

1
2
161,832.00
152,446.00
7.28
7.28
1,178,136.96

1,109,806.88

125,100.00
707,205.84
27,000.00
21,616.00
6,141.67
240,309.75
60,077.44
50,763.71
65,081.67
115,150.64
21,616.00
6,141.67

125,100.00
666,189.02
21,616.00
6,141.67
290,760.19
72,690.05
42,303.09
65,081.67
152,988.47
21,616.00
6,141.67

142,908.30

180,746.14

260,326.70

128,455.00
36,850.00
485,511.74
-390,490.04

A CON FINANCIAMIENTO
3
141,861.00
7.28

4
131,276.00
7.28

5
120,691.00
7.28

6
110,106.00
7.28

1,032,748.08

955,689.28

878,630.48

801,571.68

125,100.00
619,932.57

125,100.00
573,676.12

125,100.00
527,419.67

125,100.00
481,163.22

21,616.00
6,141.67
259,957.84
64,989.46
33,842.47
65,081.67
129,886.71
21,616.00
6,141.67

19,616.00
6,141.67
231,155.49
57,788.87
25,381.85
65,081.67
108,284.95
19,616.00
6,141.67

19,616.00
6,141.67
200,353.14
50,088.29
16,921.24
65,081.67
85,183.18
19,616.00
6,141.67

8,125.00
6,141.67
181,041.79
45,260.45
8,460.62
65,081.67
70,699.67
8,125.00
6,141.67
16,250.00

157,644.38

134,042.61

110,940.85

101,216.34

COSTO DE CAPITAL PROMEDIO PON

Detalle
Aporte Propio
Financiado Banco union

-390,490.04

COSTO DE CAPITAL PROMEDIO PONDERADO

Porcentaje
Tasa
Costo Capital
40%
35%
14%
60%
13%
8%
22%

142,908.30

180,746.14

VAN2 =
VAN3=
VAN4=

$b 268,018.26
$b 377,273.72
$b 459,484.57

C/F
TIR=
VAN=

1.097854977
4 AOS
T.C. 13%
29%
$b 67,151.73

RCB
PRC

157,644.38

134,042.61

110,940.85

101,216.34

AO
CANTIDAD
PRECIO
INGRESOS
OTROS INGRESOS
COSTOS FIJOS
COSTOS VARIABLES
OTROS COSTOS (PUBLICIDADx6meses)
DEPRECIACION
AMORTIZACION INTANGINBLE
UTILIDAD ANTES DE IMPUESTOS
IMPUESTOS 25%
UTILIDAD DESPUES DE IMPUESTOS
DEPRECIACION
AMORTIZACION INTANGINBLE
VALOR RESIDUAL
INV. FIJA
INV. DIFERIDA
INV CAP TRABAJO
FLUJO NETO

FLUJO DE CAJA SIN FINANCIAMIENTO

0
1
2
3
161,832.00 152,446.00 141,861.00
7.28
7.28
7.28
0 1178136.96 1109806.88 1032748.08

51,382.00
14,740.00
194,204.70
-260,326.70

125,100.0
707,205.8
27,000.0
21,616.0
6,141.7
291,073.5
72,768.4
218,305.1
21,616.0
6,141.7

125,100.0
666,189.0

125,100.0
619,932.6

21,616.0
6,141.7
290,760.2
72,690.0
218,070.1
21,616.0
6,141.7

21,616.0
6,141.7
259,957.8
64,989.5
194,968.4
21,616.0
6,141.7

246,062.8

245,827.8

222,726.0

MIENTO
4
5
6
131,276.00 120,691.00 110,106.00
7.28
7.28
7.28
955689.28 878630.48 801571.68
125,100.0
573,676.1

125,100.0
527,419.7

125,100.0
481,163.2

19,616.0
6,141.7
231,155.5
57,788.9
173,366.6
19,616.0
6,141.7

19,616.0
6,141.7
200,353.1
50,088.3
150,264.9
19,616.0
6,141.7

8,125.0
6,141.7
181,041.8
45,260.4
135,781.3
8,125.0
6,141.7
16,250.0

COSTO DE CAPITAL PROMEDIO PONDERADO

Detalle
Porcentaje
Aporte Propio
40%
Financiado Banco union
60%

-260,326.70

246,062.76
VAN1 =
VAN 2=
PRC=
RCB
S/F

199,124.3

176,022.5

166,298.0

TIR=
VAN=

DE CAPITAL PROMEDIO PONDERADO

Tasa
Costo Capital
35%
14%
13%
8%
22%
245,827.81
$b 202,021.97
$b 367,727.28
2 AOS
2.681491297
TASA. 22%
88%
$b 434,630.59

222,726.05 199,124.29

176,022.52 166,298.01

CONCEPTO
FUENTES
Aporte propio
Prestamo
Utilidad neta
amortizacion diferida
Valor residual activos
USOS
Inversion Fija
Inversion Diferida
Capita de trabajo
Costo financiero
Amortizacion Credito
SALDO
SALDO ACUMULADO

0
390,490.04

1
246,493.34

2
230,046.40

3
206,944.63

239,123.34
7370

222,676.40
7370

199,574.63
7370

65,081.67

65,081.67

65,081.67

65081.674
181,411.67

65081.674
164,964.72

65081.674
141,862.96

390,490.04

650,816.74
128,455.00
36,850.00
485,511.74

-390,490.04

TIR

30%
$b 168,029.67

4
185,342.87

5
162,241.11

6
156,637.60

177,972.87
7370

154,871.11
7370

140,387.60

65,081.67

65,081.67

16250
65,081.67

65081.674
120,261.20

65081.674
97,159.43

65081.674
91,555.92

CONCEPTO
FUENTES
Aporte propio
Prestamo
Utilidad neta
amortizacion diferida
Valor residual activos
USOS
Inversion Fija
Inversion Diferida
Capita de trabajo
SALDO
SALDO ACUMULADO

1
2
3
246493.34 230046.395 206944.633

4
185342.87

239,123.34
7370

222,676.40
7370

199,574.63
7370

177,972.87
7370

7370

7370

7370

7370

7370

7370

7370

7370

239123.34

222676.395

199574.633

177972.87

260,326.70

260326.696
51382
14740
194204.696
-260,326.70

TIR=
VAN=

82%
380,334.80

5
6
162241.108 156637.595

154,871.11
7370

140,387.60

7370

16250
0

7370

154871.108

156637.595