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INTRODUCCIN

La informacin a continuacin presentada esta basada en un simulador de proyectos, en


donde nos proporciona informacin para la toma de decisiones en cuanto a nuevos
proyectos de inversin y con esto analizar qu tan fiables son para el emprendimiento del
proyecto.
En este simulador se requieren de ciertas preguntas planteadas para analizar el grado de
rentabilidad del proyecto en el que se quiere invertir, analizando dentro de una
determinada zona la necesidad que puede tener nuestro proyecto (trapeadores
mechudos) as como el capital requerido para el emprendimiento de este y el tiempo de
rescate para el proyecto.
La implementacin de los simuladores son de suma importancia para los emprendedores,
ya que con estos se analizan todos los aspectos que se deben desarrollar de una manera
que no exista riesgo de prdidas o situaciones parecidas siendo lo ms parecido a la
realidad que se pueda realizar y con esto aprender jugando y analizando las diversas
alternativas de solucin se pueden tomar las medidas preventivas para el corrector
ejercicio posterior.
En el siguiente simulador se toman en cuenta varias necesidades del proyecto de
trapeadores mechudos para apoyo en la toma de decisiones, desde el punto de equilibrio
hasta los estados de resultado del flujo de caja, y todo esto con el fin de obtener el
porcentaje de fiabilidad del proyecto en general.

OBJETIVO
El objetivo general de dicho proyecto de simulacin es el de eficientar las aptitudes de la
persona que lo est implementado logrando desarrollar sus aptitudes como emprendedor
para el logro de una empresa rentable.

INVESTIGACIN CUANTITATIVA
CUADRO DE LA DEMANDA HISTORICA PARA LA PRODUCCIN Y COMERCIALIZACIN DE
TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DE LOS
AOS 2009-2012
Cuadro N. 1

Aos
2009

Poblacin
40,800,000

2010

48,000,000

2011

55,200,000

2012

62,400,000

Fuente: Clculos propios

CUADRO DE LA DEMANDA ACTUAL PARA LA PRODUCCIN Y COMERCIALIZACIN DE


TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DEL
AO 2013
Cuadro N. 2

Aos

Poblacin
2013

Fuente: Clculos Propios

69,600,000

CUADRO DE LA DEMANDA FUTURA PARA LA PRODUCCIN Y COMERCIALIZACIN DE


TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DE LOS
AOS 2014-2023
Cuadro N. 3
Poblacin
Nmero de
Demanda futura
integrantes por
familia
2014
76,800,000
5
15,360,000

Aos

2015

84,000,000

16,800,000

2016

91,200,000

18,240,000

2017

98,400,000

19,680,000

2018

105,600,000

21,120,000

2019

112,800,000

22,560,000

2020

120,000,000

24,000,000

2021

127,200,000

25,440,000

2022

134,400,000

26,880,000

2023

141,600,000

28,320,000

2014

148,800,000

Fuente: Clculo propios

29,760,000

CUADRO DE LA DEMANDA POTENCIAL PARA LA PRODUCCION Y COMERCIALIZACIN DE TRAPEADORES


MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DE LOS AOS 2014-2023

Cuadro N 4

AOS

DEMANDA FUTURA

2014

15,360,000

2015

16,800,000

2016

18,240,000

2017

19,680,000

2018

21,120,000

2019

22,560,000

2020

24,000,000

2021

25,440,000

2022

26,880,000

2023

28,320,000

2024

29,760,000

FUENTE: Clculos propios

CUADRO DE LA DEMANDA POTENCIAL PARA LA PRODUCCION Y COMERCIALIZACIN DE TRAPEADORES


MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DE LOS AOS 2014-2023

Cuadro N4
DEMANDA
FUTURA

% que
adquie
re el
mechu
do

Familias que
adquieren
trapeador

2014

15,360,000

95%

14,592,000

2015

16,800,000

2016

18,240,000

2017

19,680,000

2018

21,120,000

2019

22,560,000

2020

24,000,000

2021

25,440,000

2022

26,880,000

2023

28,320,000

2024

29,760,000

AOS

% que
Familias
compra
que
trapea adquieren
dor
trapeador
85%

% de
familias
que
pueden
comprar

Demanda
Potencial

80%

9,922,560

80%

10,852,800

80%

11,783,040

80%

12,713,280

80%

13,643,520

80%

14,573,760

80%

15,504,000

80%

16,434,240

80%

17,364,480

80%

18,294,720

80%

19,224,960

12,403,200
95%

15,960,000

85%
13,566,000

95%

17,328,000

85%
14,728,800

95%

18,696,000

85%
15,891,600

95%

20,064,000

85%
17,054,400

95%

21,432,000

85%
18,217,200

95%

22,800,000

85%
19,380,000

95%

24,168,000

85%
20,542,800

95%

25,536,000

85%
21,705,600

95%

26,904,000

85%
22,868,400

95%

FUENTE: Clculos propios

28,272,000

85%
24,031,200

CUADRO DE LA DEMANDA OBJETIVO DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA
PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA
MICHOACAN DE LOS AOS 2015-2024

AOS
2015

Capacidad de
Produccin

13,146,000

Nivel de
operacin
70%

9,202,200

Nivel de Ventas

80%

Consumo
anual por
familia

12
7,361,760

2016

13,146,000

73%

9,596,580

82%

613,480
12

7,869,196
2017

13,146,000

76%

9,990,960

84%

655,766
12

8,392,406
2018

13,146,000

79%

10,385,340

86%

699,367
12

8,931,392
2019

13,146,000

82%

10,779,720

88%

744,283
12

9,486,154
2020

13,146,000

85%

11,174,100

90%

790,513
12

10,056,690
2021

13,146,000

89%

11,699,940

92%

838,058
12

10,763,945
2022

13,146,000

93%

12,225,780

94%

896,995
12

11,492,233
2023

13,146,000

97%

12,751,620

96%

957,686
12

12,241,555
2024

13,146,000 100% 13,146,000 100%

1,020,130
12

13,146,000
FUENTE: Clculos propios

Cuadro
N5
Demanda
objetivo

1,095,500

CUADRO DE OPORTUNIDAD DE MERCADO DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA
PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL
PERIODO 2015-2024

CuadroN6
AOS

DEMANDA
FUTURA

2015

16,800,000

2016
2017
2018
2019
2020
2021
2022
2023
2024
FUENTE: Clculos
propios

DEMANDA
POTENCIAL

DEMANDA
OBJETIVO

10,852,800

613,480

11,783,040

655,766

12,713,280

699,367

13,643,520

744,283

14,573,760

790,513

15,504,000

838,058

16,434,240

896,995

17,364,480

957,686

18,294,720

1,020,130

19,224,960

1,095,500

18,240,000

PARTE
PROPORCIONAL
QUE
REPRESENTA LA
DEM OBJ DE LA
DEM POT.

DEMANDA
POTENCIAL
RELATIVA

OPORTUNIDAD
DE MERCADO
RELATIVA

5.6527%

100%

94.3473%
10,239,320

5.5653%

19,680,000

100%

94.5758%

100%

94.5946%

100%

94.5419%

100%

94.4848%
16,406,794

5.5761%

29,760,000

94.5448%

15,537,245
5.5152%

28,320,000

100%

14,665,943
5.4581%

26,880,000

94.4989%

13,783,247
5.4054%

25,440,000

100%

12,899,237
5.4242%

24,000,000

94.4347%

12,013,913
5.4552%

22,560,000

100%

11,127,274
5.5011%

21,120,000

OPORTUNIDAD
DE MERCADO
ABSOLUTA

100%

94.4239%
17,274,590

5.6983%

100%

94.3017%
18,129,460

CUADRO DEL BALANCE OFERTA- DEMANDA DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y
COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024

CuadroN8
AOS

DEMANDA
FUTURA

2015

16,800,000

2016
2017
2018
2019
2020
2021
2022
2023
2024

DEMANDA
POTENCIAL

DEMANDA
OBJETIVO

DEMANDA
SATISFECHA

DEMANDA
OBJETIVO +
DEMANDA
SATISFECHA

10,852,800

613,480

416,667

1,030,147

11,783,040

655,766

437,500

1,093,266

12,713,280

699,367

18,240,000

PARTE
PROPORCIONAL QUE
REPRESENTA LA DEM
OBJ + LA DEMANDA
SATIS DE LA
DEMANDA POT.

DEMANDA
POTENCIAL
RELATIVA

BALANCE
OFERTA
DEMANDA
RELATIVA

9.4920%

100%

90.5080%
9,822,653

9.2783%

19,680,000

90.7217%

100%

90.8856%

1,158,742

21,120,000

11,554,538
8.9905%

13,643,520

744,283

482,344

1,226,626

14,573,760

790,513

506,461

1,296,974

15,504,000

838,058

531,784

1,369,841

16,434,240

896,995

558,373

1,455,369

17,364,480

957,686

586,292

1,543,978

18,294,720

1,020,130

615,606

1,635,736

19,224,960

1,095,500

646,387

1,741,887

22,560,000
24,000,000

100%

91.1646%

100%

91.1443%

100%

91.1084%
15,820,502

8.9410%

29,760,000

91.1006%

14,978,871
8.8916%

28,320,000

100%

14,134,159
8.8557%

26,880,000

91.0095%

13,276,786
8.8354%

25,440,000

100%

12,416,894
8.8994%

100%

91.0590%
16,658,984

9.0605%

FUENTE: Clculos propios

100%

10,689,774
9.1144%

459,375

BALANCE
OFERTA
DEMANDA
ABSOLUTO

100%

90.9395%
17,483,073

CUADRO DE LA DEMANDA SATISFECHA DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE


UNA EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL
MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro N 7

AOS
2015

NIVEL DE VENTAS DE LA
COMPRA

CONSUMO
PERCAPITA
12

5,000,000
2015

DEMANDA
SATISFECHA
416,667

12
5,250,000

2015

437,500
12

5,512,500
2015

459,375
12

5,788,125
2015

482,344
12

6,077,531
2015

506,461
12

6,381,408
2015

531,784
12

6,700,478
2015

558,373
12

7,035,502
2015

586,292
12

7,387,277
2015
7,756,641
FUENTE: Clculos propios

615,606
12
646,387

CUADRO DEL PLAN O PRONOSTICO DE INGRESOS DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA
EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA
ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro N9
AOS

NIVEL DE VENTAS

2015

PRECIO UNITARIO

INGRESOS

25.00

184,044,000.00

25.00

196,729,890.00

25.00

209,810,160.00

25.00

223,284,810.00

25.00

237,153,840.00

25.00

251,417,250.00

25.00

269,098,620.00

25.00

287,305,830.00

25.00

306,038,880.00

25.00

328,650,000.00

7,361,760
2016
7,869,196
2017
8,392,406
2018
8,931,392
2019
9,486,154
2020
10,056,690
2021
10,763,945
2022
11,492,233
2023
12,241,555
2024
13,146,000
FUENTE: Clculos propios

CUADRO DE LOS COSTOS Y GASTOS DE PRODUCCIN DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA
EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA
MAYA MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro N10
AOS

INGRESOS TOTALES

2015 $ 184,044,000.00
2016 $ 196,729,890.00
2017 $ 209,810,160.00
2018 $ 223,284,810.00
2019 $ 237,153,840.00
2020 $ 251,417,250.00
2021 $ 269,098,620.00
2022 $ 287,305,830.00
2023 $ 306,038,880.00
2024 $ 328,650,000.00
FUENTE: Clculos propios

COSTOS DE
PRODUCCIN (40%)

$
$
$
$
$
$
$
$
$
$

73,617,600.00
78,691,956.00
83,924,064.00
89,313,924.00
94,861,536.00
100,566,900.00
107,639,448.00
114,922,332.00
122,415,552.00
131,460,000.00

GASTOS DE
PRODUCCIN (20%)

$
$
$
$
$
$
$
$
$
$

TOTAL DE COSTOS Y GASTOS


DE PRODUCCION (60%)

36,808,800.00
39,345,978.00
41,962,032.00
44,656,962.00
47,430,768.00
50,283,450.00
53,819,724.00
57,461,166.00
61,207,776.00
65,730,000.00

$
$
$
$
$
$
$
$
$
$

110,426,400.00
118,037,934.00
125,886,096.00
133,970,886.00
142,292,304.00
150,850,350.00
161,459,172.00
172,383,498.00
183,623,328.00
197,190,000.00

CUADRO DE LOS COSTOS Y GASTOS DE PRODUCCIN DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA
PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO
2015-2024

Cuadro N11
Ao

Gastos de
Administracin y
Gestin 7%

Ingresos Totales

Gastos de energa,
agua y combustible
4%

Gastos de
mantenimiento 5%

Gastos de
comercializacin 8%

Total de gastos
funcionales

2015

$ 184,044,000.00

12,883,080.00

$ 7,361,760.00

9,202,200.00

14,723,520.00

$ 44,170,560.00

2016

$ 196,729,890.00

13,771,092.30

$ 7,869,195.60

9,836,494.50

15,738,391.20

$ 47,215,173.60

2017

$ 209,810,160.00

14,686,711.20

$ 8,392,406.40

10,490,508.00

16,784,812.80

$ 50,354,438.40

2018

$ 223,284,810.00

15,629,936.70

$ 8,931,392.40

11,164,240.50

17,862,784.80

$ 53,588,354.40

2019

$ 237,153,840.00

16,600,768.80

$ 9,486,153.60

11,857,692.00

18,972,307.20

$ 56,916,921.60

2020

$ 251,417,250.00

17,599,207.50

$ 10,056,690.00

12,570,862.50

20,113,380.00

$ 60,340,140.00

2021

$ 269,098,620.00

18,836,903.40

$ 10,763,944.80

13,454,931.00

21,527,889.60

$ 64,583,668.80

2022

$ 287,305,830.00

20,111,408.10

$ 11,492,233.20

14,365,291.50

22,984,466.40

$ 68,953,399.20

2023

$ 306,038,880.00

21,422,721.60

$ 12,241,555.20

15,301,944.00

24,483,110.40

$ 73,449,331.20

2024

$ 328,650,000.00

23,005,500.00

$ 13,146,000.00

16,432,500.00

26,292,000.00

$ 78,876,000.00

FUENTE: Clculos propios

CUADRO DE OTROS EGRESOS DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA
PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA
MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro N12
Total de otros
egresos

Ao

Ingresos Totales

2015

$ 184,044,000.00

7,361,760.00

$ 3,680,880.00

11,042,640.00

2016

$ 196,729,890.00

7,869,195.60

$ 3,934,597.80

11,803,793.40

2017

$ 209,810,160.00

8,392,406.40

$ 4,196,203.20

12,588,609.60

2018

$ 223,284,810.00

8,931,392.40

$ 4,465,696.20

13,397,088.60

2019

$ 237,153,840.00

9,486,153.60

$ 4,743,076.80

14,229,230.40

2020

$ 251,417,250.00

10,056,690.00

$ 5,028,345.00

15,085,035.00

2021

$ 269,098,620.00

10,763,944.80

$ 5,381,972.40

16,145,917.20

2022

$ 287,305,830.00

11,492,233.20

$ 5,746,116.60

17,238,349.80

2023

$ 306,038,880.00

12,241,555.20

$ 6,120,777.60

18,362,332.80

2024

$ 328,650,000.00

13,146,000.00

$ 6,573,000.00

19,719,000.00

FUENTE: Clculos propios

Pago de seguro
4%

Pago de
licencias 2%

CUADRO DE LA DEPRECIACION DE ACTIVOS FIJOS DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA
PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA
MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro13
No.

Concepto

Construccin

Maquinaria

Equipo

Herramientas

Mobiliario

Cristalera

Instalaciones
especiales

Monto

%
depreciacin

$
4,000,000.00
$
2,200,000.00
$
1,600,000.00
$
800,000.00
$
1,500,000.00
$
400,000.00
$
800,000.00

5%
20%
20%
50%
10%
50%
15%

Total de depreciacin de activos fijos:

$
200,000.00
$
$
$
$
150,000.00
$
$
80,000.00
$
430,000.00
17

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
200,000.00
$
$
$
$
150,000.00
$
-

$
350,000.00
18

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
200,000.00
$
$
$
$
150,000.00
$
$
$
350,000.00
19

$
200,000.00
$
$
$
$
$
$
$
200,000.00

10

$
200,000.00
$
$
$
$
150,000.00
$
$
$
350,000.00
20

$
200,000.00
$
$
$
$
$
$
$
200,000.00

AOS
1

$
200,000.00
$
440,000.00
$
320,000.00
$
400,000.00
$
150,000.00
$
200,000.00
$
120,000.00

$
200,000.00
$
440,000.00
$
320,000.00
$
400,000.00
$
150,000.00
$
200,000.00
$
120,000.00

$
200,000.00
$
440,000.00
$
320,000.00

$
1,830,000.00

11

$
200,000.00
$
$
$
-

$
$
$
200,000.00

$
200,000.00
$
440,000.00
$
320,000.00
$
$
150,000.00
$
$
120,000.00

$
200,000.00

$
120,000.00

$
200,000.00
$
440,000.00
$
320,000.00
$
$
150,000.00
$
$
120,000.00

$
1,830,000.00

$
1,230,000.00

$
1,230,000.00

$
1,230,000.00

$
470,000.00

12

13

14

15

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
150,000.00

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
200,000.00
$
$
$
$
$
$
$
200,000.00

$
$
150,000.00
$
$
120,000.00

16

$
200,000.00
$
$
$
$
$
$
$
200,000.00

CUADRO DEL PRESUPUESTO Y CALENDARIO DE INVERSIONES CON ESTRUCTURA DE CAPITAL

N14
No.
1

Concepto
Capital de trabajo

Monto

$ 4,500,000.00

%
Amortizacin

50%

Total amortizacin de intangibles no devengados:

FUENTE: Clculos propios

AOS
1

$ 2,250,000.00
$ 2,250,000.00

$ 2,250,000.00
$ 2,250,000.00

CUADRO DEL PRESUPUESTO Y CALENDARIO DE INVERSIONES CON ESTRUCTURA DE CAPITAL DEL PROYECTO PARA
LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE
TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024
CuadroN15
Estructura
N
Concepto
Monto
Tiempo en Meses
de capital
1
2
3
4
5
1

Propio

Terreno
300,000

2
3

Adecuaciones de
infraestructura
Construccin

Maquinaria

Propio

200,000

Crdito

Equipo

600,000
-----------

Crdito

-----------

Crdito

-----------

1,600,000

7
8
9

Herramientas,
utensilios y
materiales
Mobiliario y
decoracin
Blancos, Lencera y
cristalera

10

Instalaciones
especiales
Gastos preoperativos

11

Capital de trabajo

800,000

-----------

-----------

-----------

-----------

-----------

1,000,000 1,200,000 800,000


----------600,000
600,000
----------300,000
300,000
-------------------300,000

400,000

Crdito

-----------

-----------

----------

Crdito

-----------

-----------

----------

1,500,000
400,000

750,000

750,000

200,000

200,000

160,000

160,000

160,000

160,000

160,000

200,000

200,000

200,000

300,000

300,000

100,000
--------

100,000
--------

100,000
--------

100,000
--------

2,300,000

Propio
2,300,000

13
14

15

500,000

Crdito

Capital de trabajo
Gastos Financieros
preoperativos
Amortizacin de
capital preoperativos
Imprevistos (10%)

1,000,000

Propio

2,700,000

12

1,000,000

Crdito
800,000
1,200,000

11

-----------

Crdito

2,200,000

-----------

200,000

4,000,000

----------300,000

2,300,000
Propio

291,500

8,600
-

21,200
-

44,800
-

76,900
-

140,000
-

1,829,150

156,860

148,120

260,480

358,690

905,000

20,120,650

1,725,460 1,629,320 2,865,280 3,945,590 9,955,000

Propio
Propio

Inversin Total

Capital propio

propio
6,120,650

Capital de Crdito
14,000,000
FUENTE: Clculos propios

865,460

369,320

505,280

735,590

3,645,000

860,000

1,260,000 2,360,000 3,210,000 6,310,000

crdito

CUADRO DE AMORTIZACION DE INTANGIBLES NO DEVENGADOS DEL PROYECTO PARA LA CONSTRUCCIN Y


OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL
MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024

N14
No.

Concepto

Monto

%
Amortizacin

AOS
1

50%

$ 2,250,000.00

$ 2,250,000.00

Total amortizacin de intangibles no devengados:

$ 2,250,000.00

$ 2,250,000.00

Capital de
trabajo

$ 4,500,000.00

FUENTE: Clculos propios

CUADRO DEL SERVICIO DE LA DEUDA DE LA MINISTRACIN 1 DEL PRESUPUESTO DEL PROYECTO


PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA COMERCIALIZACION Y
PRODUCCIN DE TRAPEADORES MECHUDOS EN EL MUNICIPIO DE SANTA ANA MAYA
MICHOACN.
CUADRO N 16
PERIODO

SALDO
INICIAL

GTOS
FINANCIEROS
(1%)

AMORTIZACIONES
DE CAPITAL

SERVICIO DE
LA DEUDA

SALDO FINAL

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$852,037.04
$844,074.07
$836,111.11
$828,148.15
$820,185.19
$812,222.22
$804,259.26
$796,296.30
$788,333.33
$780,370.37
$772,407.41
$764,444.44
$756,481.48
$748,518.52
$740,555.56
$732,592.59
$724,629.63
$716,666.67
$708,703.70
$700,740.74
$692,777.78
$684,814.81
$676,851.85
$668,888.89
$660,925.93
$652,962.96
$645,000.00
$637,037.04
$629,074.07
$621,111.11
$613,148.15
$605,185.19
$597,222.22
$589,259.26

$8,600
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,520.37
$8,440.74
$8,361.11
$8,281.48
$8,201.85
$8,122.22
$8,042.59
$7,962.96
$7,883.33
$7,803.70
$7,724.07
$7,644.44
$7,564.81
$7,485.19
$7,405.56
$7,325.93
$7,246.30
$7,166.67
$7,087.04
$7,007.41
$6,927.78
$6,848.15
$6,768.52
$6,688.89
$6,609.26
$6,529.63
$6,450.00
$6,370.37
$6,290.74
$6,211.11
$6,131.48
$6,051.85
$5,972.22
$5,892.59

$
$
$
$
$
$
$
$
$
$
$
$
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96

$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$8,600.00
$16,562.96
$16,483.33
$16,403.70
$16,324.07
$16,244.44
$16,164.81
$16,085.19
$16,005.56
$15,925.93
$15,846.30
$15,766.67
$15,687.04
$15,607.41
$15,527.78
$15,448.15
$15,368.52
$15,288.89
$15,209.26
$15,129.63
$15,050.00
$14,970.37
$14,890.74
$14,811.11
$14,731.48
$14,651.85
$14,572.22
$14,492.59
$14,412.96
$14,333.33
$14,253.70
$14,174.07
$14,094.44
$14,014.81
$13,935.19
$13,855.56

$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$860,000.00
$852,037.04
$844,074.07
$836,111.11
$828,148.15
$820,185.19
$812,222.22
$804,259.26
$796,296.30
$788,333.33
$780,370.37
$772,407.41
$764,444.44
$756,481.48
$748,518.52
$740,555.56
$732,592.59
$724,629.63
$716,666.67
$708,703.70
$700,740.74
$692,777.78
$684,814.81
$676,851.85
$668,888.89
$660,925.93
$652,962.96
$645,000.00
$637,037.04
$629,074.07
$621,111.11
$613,148.15
$605,185.19
$597,222.22
$589,259.26
$581,296.30

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

$581,296.30
$573,333.33
$565,370.37
$557,407.41
$549,444.44
$541,481.48
$533,518.52
$525,555.56
$517,592.59
$509,629.63
$501,666.67
$493,703.70
$485,740.74
$477,777.78
$469,814.81
$461,851.85
$453,888.89
$445,925.93
$437,962.96
$430,000.00
$422,037.04
$414,074.07
$406,111.11
$398,148.15
$390,185.19
$382,222.22
$374,259.26
$366,296.30
$358,333.33
$350,370.37
$342,407.41
$334,444.44
$326,481.48
$318,518.52
$310,555.56
$302,592.59
$294,629.63
$286,666.67
$278,703.70
$270,740.74
$262,777.78
$254,814.81
$246,851.85
$238,888.89
$230,925.93
$222,962.96
$215,000.00
$207,037.04
$199,074.07
$191,111.11
$183,148.15
$175,185.19
$167,222.22
$159,259.26
$151,296.30
$143,333.33
$135,370.37
$127,407.41
$119,444.44
$111,481.48
$103,518.52

$5,812.96
$5,733.33
$5,653.70
$5,574.07
$5,494.44
$5,414.81
$5,335.19
$5,255.56
$5,175.93
$5,096.30
$5,016.67
$4,937.04
$4,857.41
$4,777.78
$4,698.15
$4,618.52
$4,538.89
$4,459.26
$4,379.63
$4,300.00
$4,220.37
$4,140.74
$4,061.11
$3,981.48
$3,901.85
$3,822.22
$3,742.59
$3,662.96
$3,583.33
$3,503.70
$3,424.07
$3,344.44
$3,264.81
$3,185.19
$3,105.56
$3,025.93
$2,946.30
$2,866.67
$2,787.04
$2,707.41
$2,627.78
$2,548.15
$2,468.52
$2,388.89
$2,309.26
$2,229.63
$2,150.00
$2,070.37
$1,990.74
$1,911.11
$1,831.48
$1,751.85
$1,672.22
$1,592.59
$1,512.96
$1,433.33
$1,353.70
$1,274.07
$1,194.44
$1,114.81
$1,035.19

$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96

$13,775.93
$13,696.30
$13,616.67
$13,537.04
$13,457.41
$13,377.78
$13,298.15
$13,218.52
$13,138.89
$13,059.26
$12,979.63
$12,900.00
$12,820.37
$12,740.74
$12,661.11
$12,581.48
$12,501.85
$12,422.22
$12,342.59
$12,262.96
$12,183.33
$12,103.70
$12,024.07
$11,944.44
$11,864.81
$11,785.19
$11,705.56
$11,625.93
$11,546.30
$11,466.67
$11,387.04
$11,307.41
$11,227.78
$11,148.15
$11,068.52
$10,988.89
$10,909.26
$10,829.63
$10,750.00
$10,670.37
$10,590.74
$10,511.11
$10,431.48
$10,351.85
$10,272.22
$10,192.59
$10,112.96
$10,033.33
$9,953.70
$9,874.07
$9,794.44
$9,714.81
$9,635.19
$9,555.56
$9,475.93
$9,396.30
$9,316.67
$9,237.04
$9,157.41
$9,077.78
$8,998.15

$573,333.33
$565,370.37
$557,407.41
$549,444.44
$541,481.48
$533,518.52
$525,555.56
$517,592.59
$509,629.63
$501,666.67
$493,703.70
$485,740.74
$477,777.78
$469,814.81
$461,851.85
$453,888.89
$445,925.93
$437,962.96
$430,000.00
$422,037.04
$414,074.07
$406,111.11
$398,148.15
$390,185.19
$382,222.22
$374,259.26
$366,296.30
$358,333.33
$350,370.37
$342,407.41
$334,444.44
$326,481.48
$318,518.52
$310,555.56
$302,592.59
$294,629.63
$286,666.67
$278,703.70
$270,740.74
$262,777.78
$254,814.81
$246,851.85
$238,888.89
$230,925.93
$222,962.96
$215,000.00
$207,037.04
$199,074.07
$191,111.11
$183,148.15
$175,185.19
$167,222.22
$159,259.26
$151,296.30
$143,333.33
$135,370.37
$127,407.41
$119,444.44
$111,481.48
$103,518.52
$95,555.56

109
$95,555.56
110
$87,592.59
111
$79,629.63
112
$71,666.67
113
$63,703.70
114
$55,740.74
115
$47,777.78
116
$39,814.81
117
$31,851.85
118
$23,888.89
119
$15,925.93
120
$7,962.96
FUENTE: CLCULOS PROPIOS

$955.56
$875.93
$796.30
$716.67
$637.04
$557.41
$477.78
$398.15
$318.52
$238.89
$159.26
$79.63

$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96
$7,962.96

$8,918.52
$8,838.89
$8,759.26
$8,679.63
$8,600.00
$8,520.37
$8,440.74
$8,361.11
$8,281.48
$8,201.85
$8,122.22
$8,042.59

$87,592.59
$79,629.63
$71,666.67
$63,703.70
$55,740.74
$47,777.78
$39,814.81
$31,851.85
$23,888.89
$15,925.93
$7,962.96
$
0.00

CUADRO DEL SERVICIO DE LA DEUDA DE LA MINISTRACIN 2 DEL PRESUPUESTO DEL PROYECTO


PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA COMERCIALIZACION Y
PRODUCCIN DE TRAPEADORES MECHUDOS EN EL MUNICIPIO DE SANTA ANA MAYA
MICHOACN.
CUADRO N 17
PERIODO

SALDO
INICIAL

GTOS
FINANCIEROS
(1%)

AMORTIZACIONES
DE CAPITAL

SERVICIO DE
LA DEUDA

SALDO FINAL

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,248,333.33
$1,236,666.67
$1,225,000.00
$1,213,333.33
$1,201,666.67
$1,190,000.00
$1,178,333.33
$1,166,666.67
$1,155,000.00
$1,143,333.33
$1,131,666.67
$1,120,000.00
$1,108,333.33
$1,096,666.67
$1,085,000.00
$1,073,333.33
$1,061,666.67
$1,050,000.00
$1,038,333.33
$1,026,666.67
$1,015,000.00
$1,003,333.33
$991,666.67
$980,000.00
$968,333.33
$956,666.67
$945,000.00
$933,333.33
$921,666.67
$910,000.00
$898,333.33
$886,666.67
$875,000.00
$863,333.33

$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,483.33
$12,366.67
$12,250.00
$12,133.33
$12,016.67
$11,900.00
$11,783.33
$11,666.67
$11,550.00
$11,433.33
$11,316.67
$11,200.00
$11,083.33
$10,966.67
$10,850.00
$10,733.33
$10,616.67
$10,500.00
$10,383.33
$10,266.67
$10,150.00
$10,033.33
$9,916.67
$9,800.00
$9,683.33
$9,566.67
$9,450.00
$9,333.33
$9,216.67
$9,100.00
$8,983.33
$8,866.67
$8,750.00
$8,633.33

$
$
$
$
$
$
$
$
$
$
$
$
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67

$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$12,600.00
$24,266.67
$24,150.00
$24,033.33
$23,916.67
$23,800.00
$23,683.33
$23,566.67
$23,450.00
$23,333.33
$23,216.67
$23,100.00
$22,983.33
$22,866.67
$22,750.00
$22,633.33
$22,516.67
$22,400.00
$22,283.33
$22,166.67
$22,050.00
$21,933.33
$21,816.67
$21,700.00
$21,583.33
$21,466.67
$21,350.00
$21,233.33
$21,116.67
$21,000.00
$20,883.33
$20,766.67
$20,650.00
$20,533.33
$20,416.67
$20,300.00

$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,260,000.00
$1,248,333.33
$1,236,666.67
$1,225,000.00
$1,213,333.33
$1,201,666.67
$1,190,000.00
$1,178,333.33
$1,166,666.67
$1,155,000.00
$1,143,333.33
$1,131,666.67
$1,120,000.00
$1,108,333.33
$1,096,666.67
$1,085,000.00
$1,073,333.33
$1,061,666.67
$1,050,000.00
$1,038,333.33
$1,026,666.67
$1,015,000.00
$1,003,333.33
$991,666.67
$980,000.00
$968,333.33
$956,666.67
$945,000.00
$933,333.33
$921,666.67
$910,000.00
$898,333.33
$886,666.67
$875,000.00
$863,333.33
$851,666.67

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

$851,666.67
$840,000.00
$828,333.33
$816,666.67
$805,000.00
$793,333.33
$781,666.67
$770,000.00
$758,333.33
$746,666.67
$735,000.00
$723,333.33
$711,666.67
$700,000.00
$688,333.33
$676,666.67
$665,000.00
$653,333.33
$641,666.67
$630,000.00
$618,333.33
$606,666.67
$595,000.00
$583,333.33
$571,666.67
$560,000.00
$548,333.33
$536,666.67
$525,000.00
$513,333.33
$501,666.67
$490,000.00
$478,333.33
$466,666.67
$455,000.00
$443,333.33
$431,666.67
$420,000.00
$408,333.33
$396,666.67
$385,000.00
$373,333.33
$361,666.67
$350,000.00
$338,333.33
$326,666.67
$315,000.00
$303,333.33
$291,666.67
$280,000.00
$268,333.33
$256,666.67
$245,000.00
$233,333.33
$221,666.67
$210,000.00
$198,333.33
$186,666.67
$175,000.00
$163,333.33
$151,666.67

$8,516.67
$8,400.00
$8,283.33
$8,166.67
$8,050.00
$7,933.33
$7,816.67
$7,700.00
$7,583.33
$7,466.67
$7,350.00
$7,233.33
$7,116.67
$7,000.00
$6,883.33
$6,766.67
$6,650.00
$6,533.33
$6,416.67
$6,300.00
$6,183.33
$6,066.67
$5,950.00
$5,833.33
$5,716.67
$5,600.00
$5,483.33
$5,366.67
$5,250.00
$5,133.33
$5,016.67
$4,900.00
$4,783.33
$4,666.67
$4,550.00
$4,433.33
$4,316.67
$4,200.00
$4,083.33
$3,966.67
$3,850.00
$3,733.33
$3,616.67
$3,500.00
$3,383.33
$3,266.67
$3,150.00
$3,033.33
$2,916.67
$2,800.00
$2,683.33
$2,566.67
$2,450.00
$2,333.33
$2,216.67
$2,100.00
$1,983.33
$1,866.67
$1,750.00
$1,633.33
$1,516.67

$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67

$20,183.33
$20,066.67
$19,950.00
$19,833.33
$19,716.67
$19,600.00
$19,483.33
$19,366.67
$19,250.00
$19,133.33
$19,016.67
$18,900.00
$18,783.33
$18,666.67
$18,550.00
$18,433.33
$18,316.67
$18,200.00
$18,083.33
$17,966.67
$17,850.00
$17,733.33
$17,616.67
$17,500.00
$17,383.33
$17,266.67
$17,150.00
$17,033.33
$16,916.67
$16,800.00
$16,683.33
$16,566.67
$16,450.00
$16,333.33
$16,216.67
$16,100.00
$15,983.33
$15,866.67
$15,750.00
$15,633.33
$15,516.67
$15,400.00
$15,283.33
$15,166.67
$15,050.00
$14,933.33
$14,816.67
$14,700.00
$14,583.33
$14,466.67
$14,350.00
$14,233.33
$14,116.67
$14,000.00
$13,883.33
$13,766.67
$13,650.00
$13,533.33
$13,416.67
$13,300.00
$13,183.33

$840,000.00
$828,333.33
$816,666.67
$805,000.00
$793,333.33
$781,666.67
$770,000.00
$758,333.33
$746,666.67
$735,000.00
$723,333.33
$711,666.67
$700,000.00
$688,333.33
$676,666.67
$665,000.00
$653,333.33
$641,666.67
$630,000.00
$618,333.33
$606,666.67
$595,000.00
$583,333.33
$571,666.67
$560,000.00
$548,333.33
$536,666.67
$525,000.00
$513,333.33
$501,666.67
$490,000.00
$478,333.33
$466,666.67
$455,000.00
$443,333.33
$431,666.67
$420,000.00
$408,333.33
$396,666.67
$385,000.00
$373,333.33
$361,666.67
$350,000.00
$338,333.33
$326,666.67
$315,000.00
$303,333.33
$291,666.67
$280,000.00
$268,333.33
$256,666.67
$245,000.00
$233,333.33
$221,666.67
$210,000.00
$198,333.33
$186,666.67
$175,000.00
$163,333.33
$151,666.67
$140,000.00

109
$140,000.00
110
$128,333.33
111
$116,666.67
112
$105,000.00
113
$93,333.33
114
$81,666.67
115
$70,000.00
116
$58,333.33
117
$46,666.67
118
$35,000.00
119
$23,333.33
120
$11,666.67
FUENTE: CLCULOS PROPIOS

$1,400.00
$1,283.33
$1,166.67
$1,050.00
$933.33
$816.67
$700.00
$583.33
$466.67
$350.00
$233.33
$116.67

$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67
$11,666.67

$13,066.67
$12,950.00
$12,833.33
$12,716.67
$12,600.00
$12,483.33
$12,366.67
$12,250.00
$12,133.33
$12,016.67
$11,900.00
$11,783.33

$128,333.33
$116,666.67
$105,000.00
$93,333.33
$81,666.67
$70,000.00
$58,333.33
$46,666.67
$35,000.00
$23,333.33
$11,666.67
$
-

CUADRO DEL SERVICIO DE LA DEUDA DE LA MINISTRACIN 3 DEL PRESUPUESTO DEL PROYECTO


PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA COMERCIALIZACION Y
PRODUCCIN DE TRAPEADORES MECHUDOS EN EL MUNICIPIO DE SANTA ANA MAYA
MICHOACN.
CUADRO N 18
PERIODO

SALDO
INICIAL

GTOS
FINANCIEROS
(1%)

AMORTIZACIONES
DE CAPITAL

SERVICIO DE
LA DEUDA

SALDO FINAL

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,338,148.15
$2,316,296.30
$2,294,444.44
$2,272,592.59
$2,250,740.74
$2,228,888.89
$2,207,037.04
$2,185,185.19
$2,163,333.33
$2,141,481.48
$2,119,629.63
$2,097,777.78
$2,075,925.93
$2,054,074.07
$2,032,222.22
$2,010,370.37
$1,988,518.52
$1,966,666.67
$1,944,814.81
$1,922,962.96
$1,901,111.11
$1,879,259.26
$1,857,407.41
$1,835,555.56
$1,813,703.70
$1,791,851.85
$1,770,000.00
$1,748,148.15
$1,726,296.30
$1,704,444.44
$1,682,592.59
$1,660,740.74
$1,638,888.89
$1,617,037.04

$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,381.48
$23,162.96
$22,944.44
$22,725.93
$22,507.41
$22,288.89
$22,070.37
$21,851.85
$21,633.33
$21,414.81
$21,196.30
$20,977.78
$20,759.26
$20,540.74
$20,322.22
$20,103.70
$19,885.19
$19,666.67
$19,448.15
$19,229.63
$19,011.11
$18,792.59
$18,574.07
$18,355.56
$18,137.04
$17,918.52
$17,700.00
$17,481.48
$17,262.96
$17,044.44
$16,825.93
$16,607.41
$16,388.89
$16,170.37

$
$
$
$
$
$
$
$
$
$
$
$
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85

$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$23,600.00
$45,451.85
$45,233.33
$45,014.81
$44,796.30
$44,577.78
$44,359.26
$44,140.74
$43,922.22
$43,703.70
$43,485.19
$43,266.67
$43,048.15
$42,829.63
$42,611.11
$42,392.59
$42,174.07
$41,955.56
$41,737.04
$41,518.52
$41,300.00
$41,081.48
$40,862.96
$40,644.44
$40,425.93
$40,207.41
$39,988.89
$39,770.37
$39,551.85
$39,333.33
$39,114.81
$38,896.30
$38,677.78
$38,459.26
$38,240.74
$38,022.22

$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,360,000.00
$2,338,148.15
$2,316,296.30
$2,294,444.44
$2,272,592.59
$2,250,740.74
$2,228,888.89
$2,207,037.04
$2,185,185.19
$2,163,333.33
$2,141,481.48
$2,119,629.63
$2,097,777.78
$2,075,925.93
$2,054,074.07
$2,032,222.22
$2,010,370.37
$1,988,518.52
$1,966,666.67
$1,944,814.81
$1,922,962.96
$1,901,111.11
$1,879,259.26
$1,857,407.41
$1,835,555.56
$1,813,703.70
$1,791,851.85
$1,770,000.00
$1,748,148.15
$1,726,296.30
$1,704,444.44
$1,682,592.59
$1,660,740.74
$1,638,888.89
$1,617,037.04
$1,595,185.19

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

$1,595,185.19
$1,573,333.33
$1,551,481.48
$1,529,629.63
$1,507,777.78
$1,485,925.93
$1,464,074.07
$1,442,222.22
$1,420,370.37
$1,398,518.52
$1,376,666.67
$1,354,814.81
$1,332,962.96
$1,311,111.11
$1,289,259.26
$1,267,407.41
$1,245,555.56
$1,223,703.70
$1,201,851.85
$1,180,000.00
$1,158,148.15
$1,136,296.30
$1,114,444.44
$1,092,592.59
$1,070,740.74
$1,048,888.89
$1,027,037.04
$1,005,185.19
$983,333.33
$961,481.48
$939,629.63
$917,777.78
$895,925.93
$874,074.07
$852,222.22
$830,370.37
$808,518.52
$786,666.67
$764,814.81
$742,962.96
$721,111.11
$699,259.26
$677,407.41
$655,555.56
$633,703.70
$611,851.85
$590,000.00
$568,148.15
$546,296.30
$524,444.44
$502,592.59
$480,740.74
$458,888.89
$437,037.04
$415,185.19
$393,333.33
$371,481.48
$349,629.63
$327,777.78
$305,925.93
$284,074.07

$15,951.85
$15,733.33
$15,514.81
$15,296.30
$15,077.78
$14,859.26
$14,640.74
$14,422.22
$14,203.70
$13,985.19
$13,766.67
$13,548.15
$13,329.63
$13,111.11
$12,892.59
$12,674.07
$12,455.56
$12,237.04
$12,018.52
$11,800.00
$11,581.48
$11,362.96
$11,144.44
$10,925.93
$10,707.41
$10,488.89
$10,270.37
$10,051.85
$9,833.33
$9,614.81
$9,396.30
$9,177.78
$8,959.26
$8,740.74
$8,522.22
$8,303.70
$8,085.19
$7,866.67
$7,648.15
$7,429.63
$7,211.11
$6,992.59
$6,774.07
$6,555.56
$6,337.04
$6,118.52
$5,900.00
$5,681.48
$5,462.96
$5,244.44
$5,025.93
$4,807.41
$4,588.89
$4,370.37
$4,151.85
$3,933.33
$3,714.81
$3,496.30
$3,277.78
$3,059.26
$2,840.74

$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85

$37,803.70
$37,585.19
$37,366.67
$37,148.15
$36,929.63
$36,711.11
$36,492.59
$36,274.07
$36,055.56
$35,837.04
$35,618.52
$35,400.00
$35,181.48
$34,962.96
$34,744.44
$34,525.93
$34,307.41
$34,088.89
$33,870.37
$33,651.85
$33,433.33
$33,214.81
$32,996.30
$32,777.78
$32,559.26
$32,340.74
$32,122.22
$31,903.70
$31,685.19
$31,466.67
$31,248.15
$31,029.63
$30,811.11
$30,592.59
$30,374.07
$30,155.56
$29,937.04
$29,718.52
$29,500.00
$29,281.48
$29,062.96
$28,844.44
$28,625.93
$28,407.41
$28,188.89
$27,970.37
$27,751.85
$27,533.33
$27,314.81
$27,096.30
$26,877.78
$26,659.26
$26,440.74
$26,222.22
$26,003.70
$25,785.19
$25,566.67
$25,348.15
$25,129.63
$24,911.11
$24,692.59

$1,573,333.33
$1,551,481.48
$1,529,629.63
$1,507,777.78
$1,485,925.93
$1,464,074.07
$1,442,222.22
$1,420,370.37
$1,398,518.52
$1,376,666.67
$1,354,814.81
$1,332,962.96
$1,311,111.11
$1,289,259.26
$1,267,407.41
$1,245,555.56
$1,223,703.70
$1,201,851.85
$1,180,000.00
$1,158,148.15
$1,136,296.30
$1,114,444.44
$1,092,592.59
$1,070,740.74
$1,048,888.89
$1,027,037.04
$1,005,185.19
$983,333.33
$961,481.48
$939,629.63
$917,777.78
$895,925.93
$874,074.07
$852,222.22
$830,370.37
$808,518.52
$786,666.67
$764,814.81
$742,962.96
$721,111.11
$699,259.26
$677,407.41
$655,555.56
$633,703.70
$611,851.85
$590,000.00
$568,148.15
$546,296.30
$524,444.44
$502,592.59
$480,740.74
$458,888.89
$437,037.04
$415,185.19
$393,333.33
$371,481.48
$349,629.63
$327,777.78
$305,925.93
$284,074.07
$262,222.22

109
$262,222.22
110
$240,370.37
111
$218,518.52
112
$196,666.67
113
$174,814.81
114
$152,962.96
115
$131,111.11
116
$109,259.26
117
$87,407.41
118
$65,555.56
119
$43,703.70
120
$21,851.85
FUENTE: CLCULOS PROPIOS

$2,622.22
$2,403.70
$2,185.19
$1,966.67
$1,748.15
$1,529.63
$1,311.11
$1,092.59
$874.07
$655.56
$437.04
$218.52

$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85
$21,851.85

$24,474.07
$24,255.56
$24,037.04
$23,818.52
$23,600.00
$23,381.48
$23,162.96
$22,944.44
$22,725.93
$22,507.41
$22,288.89
$22,070.37

$240,370.37
$218,518.52
$196,666.67
$174,814.81
$152,962.96
$131,111.11
$109,259.26
$87,407.41
$65,555.56
$43,703.70
$21,851.85
$
0.00

CUADRO DEL SERVICIO DE LA DEUDA DE LA MINISTRACIN 4 DEL PRESUPUESTO DEL PROYECTO


PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA COMERCIALIZACION Y
PRODUCCIN DE TRAPEADORES MECHUDOS EN EL MUNICIPIO DE SANTA ANA MAYA
MICHOACN.
CUADRO N 19
PERIODO

SALDO
INICIAL

GTOS
FINANCIEROS
(1%)

AMORTIZACIONES
DE CAPITAL

SERVICIO DE
LA DEUDA

SALDO FINAL

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,180,277.78
$3,150,555.56
$3,120,833.33
$3,091,111.11
$3,061,388.89
$3,031,666.67
$3,001,944.44
$2,972,222.22
$2,942,500.00
$2,912,777.78
$2,883,055.56
$2,853,333.33
$2,823,611.11
$2,793,888.89
$2,764,166.67
$2,734,444.44
$2,704,722.22
$2,675,000.00
$2,645,277.78
$2,615,555.56
$2,585,833.33
$2,556,111.11
$2,526,388.89
$2,496,666.67
$2,466,944.44
$2,437,222.22
$2,407,500.00
$2,377,777.78
$2,348,055.56
$2,318,333.33
$2,288,611.11
$2,258,888.89
$2,229,166.67
$2,199,444.44

$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$31,802.78
$31,505.56
$31,208.33
$30,911.11
$30,613.89
$30,316.67
$30,019.44
$29,722.22
$29,425.00
$29,127.78
$28,830.56
$28,533.33
$28,236.11
$27,938.89
$27,641.67
$27,344.44
$27,047.22
$26,750.00
$26,452.78
$26,155.56
$25,858.33
$25,561.11
$25,263.89
$24,966.67
$24,669.44
$24,372.22
$24,075.00
$23,777.78
$23,480.56
$23,183.33
$22,886.11
$22,588.89
$22,291.67
$21,994.44

$
$
$
$
$
$
$
$
$
$
$
$
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22

$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$32,100.00
$61,822.22
$61,525.00
$61,227.78
$60,930.56
$60,633.33
$60,336.11
$60,038.89
$59,741.67
$59,444.44
$59,147.22
$58,850.00
$58,552.78
$58,255.56
$57,958.33
$57,661.11
$57,363.89
$57,066.67
$56,769.44
$56,472.22
$56,175.00
$55,877.78
$55,580.56
$55,283.33
$54,986.11
$54,688.89
$54,391.67
$54,094.44
$53,797.22
$53,500.00
$53,202.78
$52,905.56
$52,608.33
$52,311.11
$52,013.89
$51,716.67

$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,210,000.00
$3,180,277.78
$3,150,555.56
$3,120,833.33
$3,091,111.11
$3,061,388.89
$3,031,666.67
$3,001,944.44
$2,972,222.22
$2,942,500.00
$2,912,777.78
$2,883,055.56
$2,853,333.33
$2,823,611.11
$2,793,888.89
$2,764,166.67
$2,734,444.44
$2,704,722.22
$2,675,000.00
$2,645,277.78
$2,615,555.56
$2,585,833.33
$2,556,111.11
$2,526,388.89
$2,496,666.67
$2,466,944.44
$2,437,222.22
$2,407,500.00
$2,377,777.78
$2,348,055.56
$2,318,333.33
$2,288,611.11
$2,258,888.89
$2,229,166.67
$2,199,444.44
$2,169,722.22

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

$2,169,722.22
$2,140,000.00
$2,110,277.78
$2,080,555.56
$2,050,833.33
$2,021,111.11
$1,991,388.89
$1,961,666.67
$1,931,944.44
$1,902,222.22
$1,872,500.00
$1,842,777.78
$1,813,055.56
$1,783,333.33
$1,753,611.11
$1,723,888.89
$1,694,166.67
$1,664,444.44
$1,634,722.22
$1,605,000.00
$1,575,277.78
$1,545,555.56
$1,515,833.33
$1,486,111.11
$1,456,388.89
$1,426,666.67
$1,396,944.44
$1,367,222.22
$1,337,500.00
$1,307,777.78
$1,278,055.56
$1,248,333.33
$1,218,611.11
$1,188,888.89
$1,159,166.67
$1,129,444.44
$1,099,722.22
$1,070,000.00
$1,040,277.78
$1,010,555.56
$980,833.33
$951,111.11
$921,388.89
$891,666.67
$861,944.44
$832,222.22
$802,500.00
$772,777.78
$743,055.56
$713,333.33
$683,611.11
$653,888.89
$624,166.67
$594,444.44
$564,722.22
$535,000.00
$505,277.78
$475,555.56
$445,833.33
$416,111.11
$386,388.89

$21,697.22
$21,400.00
$21,102.78
$20,805.56
$20,508.33
$20,211.11
$19,913.89
$19,616.67
$19,319.44
$19,022.22
$18,725.00
$18,427.78
$18,130.56
$17,833.33
$17,536.11
$17,238.89
$16,941.67
$16,644.44
$16,347.22
$16,050.00
$15,752.78
$15,455.56
$15,158.33
$14,861.11
$14,563.89
$14,266.67
$13,969.44
$13,672.22
$13,375.00
$13,077.78
$12,780.56
$12,483.33
$12,186.11
$11,888.89
$11,591.67
$11,294.44
$10,997.22
$10,700.00
$10,402.78
$10,105.56
$9,808.33
$9,511.11
$9,213.89
$8,916.67
$8,619.44
$8,322.22
$8,025.00
$7,727.78
$7,430.56
$7,133.33
$6,836.11
$6,538.89
$6,241.67
$5,944.44
$5,647.22
$5,350.00
$5,052.78
$4,755.56
$4,458.33
$4,161.11
$3,863.89

$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22

$51,419.44
$51,122.22
$50,825.00
$50,527.78
$50,230.56
$49,933.33
$49,636.11
$49,338.89
$49,041.67
$48,744.44
$48,447.22
$48,150.00
$47,852.78
$47,555.56
$47,258.33
$46,961.11
$46,663.89
$46,366.67
$46,069.44
$45,772.22
$45,475.00
$45,177.78
$44,880.56
$44,583.33
$44,286.11
$43,988.89
$43,691.67
$43,394.44
$43,097.22
$42,800.00
$42,502.78
$42,205.56
$41,908.33
$41,611.11
$41,313.89
$41,016.67
$40,719.44
$40,422.22
$40,125.00
$39,827.78
$39,530.56
$39,233.33
$38,936.11
$38,638.89
$38,341.67
$38,044.44
$37,747.22
$37,450.00
$37,152.78
$36,855.56
$36,558.33
$36,261.11
$35,963.89
$35,666.67
$35,369.44
$35,072.22
$34,775.00
$34,477.78
$34,180.56
$33,883.33
$33,586.11

$2,140,000.00
$2,110,277.78
$2,080,555.56
$2,050,833.33
$2,021,111.11
$1,991,388.89
$1,961,666.67
$1,931,944.44
$1,902,222.22
$1,872,500.00
$1,842,777.78
$1,813,055.56
$1,783,333.33
$1,753,611.11
$1,723,888.89
$1,694,166.67
$1,664,444.44
$1,634,722.22
$1,605,000.00
$1,575,277.78
$1,545,555.56
$1,515,833.33
$1,486,111.11
$1,456,388.89
$1,426,666.67
$1,396,944.44
$1,367,222.22
$1,337,500.00
$1,307,777.78
$1,278,055.56
$1,248,333.33
$1,218,611.11
$1,188,888.89
$1,159,166.67
$1,129,444.44
$1,099,722.22
$1,070,000.00
$1,040,277.78
$1,010,555.56
$980,833.33
$951,111.11
$921,388.89
$891,666.67
$861,944.44
$832,222.22
$802,500.00
$772,777.78
$743,055.56
$713,333.33
$683,611.11
$653,888.89
$624,166.67
$594,444.44
$564,722.22
$535,000.00
$505,277.78
$475,555.56
$445,833.33
$416,111.11
$386,388.89
$356,666.67

109
$356,666.67
110
$326,944.44
111
$297,222.22
112
$267,500.00
113
$237,777.78
114
$208,055.56
115
$178,333.33
116
$148,611.11
117
$118,888.89
118
$89,166.67
119
$59,444.44
120
$29,722.22
FUENTE: CLCULOS PROPIOS

$3,566.67
$3,269.44
$2,972.22
$2,675.00
$2,377.78
$2,080.56
$1,783.33
$1,486.11
$1,188.89
$891.67
$594.44
$297.22

$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22
$29,722.22

$33,288.89
$32,991.67
$32,694.44
$32,397.22
$32,100.00
$31,802.78
$31,505.56
$31,208.33
$30,911.11
$30,613.89
$30,316.67
$30,019.44

$326,944.44
$297,222.22
$267,500.00
$237,777.78
$208,055.56
$178,333.33
$148,611.11
$118,888.89
$89,166.67
$59,444.44
$29,722.22
$
0.00

CUADRO DEL SERVICIO DE LA DEUDA DE LA MINISTRACIN 5 DEL PRESUPUESTO DEL PROYECTO


PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA COMERCIALIZACION Y
PRODUCCIN DE TRAPEADORES MECHUDOS EN EL MUNICIPIO DE SANTA ANA MAYA
MICHOACN.
CUADRO N 20
PERIODO

SALDO
INICIAL

GTOS
FINANCIEROS
(1%)

AMORTIZACIONES
DE CAPITAL

SERVICIO DE LA
DEUDA

SALDO FINAL

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47

$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,251,574.07
$6,193,148.15
$6,134,722.22
$6,076,296.30
$6,017,870.37
$5,959,444.44
$5,901,018.52
$5,842,592.59
$5,784,166.67
$5,725,740.74
$5,667,314.81
$5,608,888.89
$5,550,462.96
$5,492,037.04
$5,433,611.11
$5,375,185.19
$5,316,759.26
$5,258,333.33
$5,199,907.41
$5,141,481.48
$5,083,055.56
$5,024,629.63
$4,966,203.70
$4,907,777.78
$4,849,351.85
$4,790,925.93
$4,732,500.00
$4,674,074.07
$4,615,648.15
$4,557,222.22
$4,498,796.30
$4,440,370.37
$4,381,944.44
$4,323,518.52

$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$62,515.74
$61,931.48
$61,347.22
$60,762.96
$60,178.70
$59,594.44
$59,010.19
$58,425.93
$57,841.67
$57,257.41
$56,673.15
$56,088.89
$55,504.63
$54,920.37
$54,336.11
$53,751.85
$53,167.59
$52,583.33
$51,999.07
$51,414.81
$50,830.56
$50,246.30
$49,662.04
$49,077.78
$48,493.52
$47,909.26
$47,325.00
$46,740.74
$46,156.48
$45,572.22
$44,987.96
$44,403.70
$43,819.44
$43,235.19

$
$
$
$
$
$
$
$
$
$
$
$
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93

$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$63,100.00
$121,525.93
$120,941.67
$120,357.41
$119,773.15
$119,188.89
$118,604.63
$118,020.37
$117,436.11
$116,851.85
$116,267.59
$115,683.33
$115,099.07
$114,514.81
$113,930.56
$113,346.30
$112,762.04
$112,177.78
$111,593.52
$111,009.26
$110,425.00
$109,840.74
$109,256.48
$108,672.22
$108,087.96
$107,503.70
$106,919.44
$106,335.19
$105,750.93
$105,166.67
$104,582.41
$103,998.15
$103,413.89
$102,829.63
$102,245.37
$101,661.11

$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,310,000.00
$6,251,574.07
$6,193,148.15
$6,134,722.22
$6,076,296.30
$6,017,870.37
$5,959,444.44
$5,901,018.52
$5,842,592.59
$5,784,166.67
$5,725,740.74
$5,667,314.81
$5,608,888.89
$5,550,462.96
$5,492,037.04
$5,433,611.11
$5,375,185.19
$5,316,759.26
$5,258,333.33
$5,199,907.41
$5,141,481.48
$5,083,055.56
$5,024,629.63
$4,966,203.70
$4,907,777.78
$4,849,351.85
$4,790,925.93
$4,732,500.00
$4,674,074.07
$4,615,648.15
$4,557,222.22
$4,498,796.30
$4,440,370.37
$4,381,944.44
$4,323,518.52
$4,265,092.59

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108

$4,265,092.59
$4,206,666.67
$4,148,240.74
$4,089,814.81
$4,031,388.89
$3,972,962.96
$3,914,537.04
$3,856,111.11
$3,797,685.19
$3,739,259.26
$3,680,833.33
$3,622,407.41
$3,563,981.48
$3,505,555.56
$3,447,129.63
$3,388,703.70
$3,330,277.78
$3,271,851.85
$3,213,425.93
$3,155,000.00
$3,096,574.07
$3,038,148.15
$2,979,722.22
$2,921,296.30
$2,862,870.37
$2,804,444.44
$2,746,018.52
$2,687,592.59
$2,629,166.67
$2,570,740.74
$2,512,314.81
$2,453,888.89
$2,395,462.96
$2,337,037.04
$2,278,611.11
$2,220,185.19
$2,161,759.26
$2,103,333.33
$2,044,907.41
$1,986,481.48
$1,928,055.56
$1,869,629.63
$1,811,203.70
$1,752,777.78
$1,694,351.85
$1,635,925.93
$1,577,500.00
$1,519,074.07
$1,460,648.15
$1,402,222.22
$1,343,796.30
$1,285,370.37
$1,226,944.44
$1,168,518.52
$1,110,092.59
$1,051,666.67
$993,240.74
$934,814.81
$876,388.89
$817,962.96
$759,537.04

$42,650.93
$42,066.67
$41,482.41
$40,898.15
$40,313.89
$39,729.63
$39,145.37
$38,561.11
$37,976.85
$37,392.59
$36,808.33
$36,224.07
$35,639.81
$35,055.56
$34,471.30
$33,887.04
$33,302.78
$32,718.52
$32,134.26
$31,550.00
$30,965.74
$30,381.48
$29,797.22
$29,212.96
$28,628.70
$28,044.44
$27,460.19
$26,875.93
$26,291.67
$25,707.41
$25,123.15
$24,538.89
$23,954.63
$23,370.37
$22,786.11
$22,201.85
$21,617.59
$21,033.33
$20,449.07
$19,864.81
$19,280.56
$18,696.30
$18,112.04
$17,527.78
$16,943.52
$16,359.26
$15,775.00
$15,190.74
$14,606.48
$14,022.22
$13,437.96
$12,853.70
$12,269.44
$11,685.19
$11,100.93
$10,516.67
$9,932.41
$9,348.15
$8,763.89
$8,179.63
$7,595.37

$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93

$101,076.85
$100,492.59
$99,908.33
$99,324.07
$98,739.81
$98,155.56
$97,571.30
$96,987.04
$96,402.78
$95,818.52
$95,234.26
$94,650.00
$94,065.74
$93,481.48
$92,897.22
$92,312.96
$91,728.70
$91,144.44
$90,560.19
$89,975.93
$89,391.67
$88,807.41
$88,223.15
$87,638.89
$87,054.63
$86,470.37
$85,886.11
$85,301.85
$84,717.59
$84,133.33
$83,549.07
$82,964.81
$82,380.56
$81,796.30
$81,212.04
$80,627.78
$80,043.52
$79,459.26
$78,875.00
$78,290.74
$77,706.48
$77,122.22
$76,537.96
$75,953.70
$75,369.44
$74,785.19
$74,200.93
$73,616.67
$73,032.41
$72,448.15
$71,863.89
$71,279.63
$70,695.37
$70,111.11
$69,526.85
$68,942.59
$68,358.33
$67,774.07
$67,189.81
$66,605.56
$66,021.30

$4,206,666.67
$4,148,240.74
$4,089,814.81
$4,031,388.89
$3,972,962.96
$3,914,537.04
$3,856,111.11
$3,797,685.19
$3,739,259.26
$3,680,833.33
$3,622,407.41
$3,563,981.48
$3,505,555.56
$3,447,129.63
$3,388,703.70
$3,330,277.78
$3,271,851.85
$3,213,425.93
$3,155,000.00
$3,096,574.07
$3,038,148.15
$2,979,722.22
$2,921,296.30
$2,862,870.37
$2,804,444.44
$2,746,018.52
$2,687,592.59
$2,629,166.67
$2,570,740.74
$2,512,314.81
$2,453,888.89
$2,395,462.96
$2,337,037.04
$2,278,611.11
$2,220,185.19
$2,161,759.26
$2,103,333.33
$2,044,907.41
$1,986,481.48
$1,928,055.56
$1,869,629.63
$1,811,203.70
$1,752,777.78
$1,694,351.85
$1,635,925.93
$1,577,500.00
$1,519,074.07
$1,460,648.15
$1,402,222.22
$1,343,796.30
$1,285,370.37
$1,226,944.44
$1,168,518.52
$1,110,092.59
$1,051,666.67
$993,240.74
$934,814.81
$876,388.89
$817,962.96
$759,537.04
$701,111.11

109
$701,111.11
110
$642,685.19
111
$584,259.26
112
$525,833.33
113
$467,407.41
114
$408,981.48
115
$350,555.56
116
$292,129.63
117
$233,703.70
118
$175,277.78
119
$116,851.85
120
$58,425.93
FUENTE: CLCULOS PROPIOS

$7,011.11
$6,426.85
$5,842.59
$5,258.33
$4,674.07
$4,089.81
$3,505.56
$2,921.30
$2,337.04
$1,752.78
$1,168.52
$584.26

$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93
$58,425.93

$65,437.04
$64,852.78
$64,268.52
$63,684.26
$63,100.00
$62,515.74
$61,931.48
$61,347.22
$60,762.96
$60,178.70
$59,594.44
$59,010.19

$642,685.19
$584,259.26
$525,833.33
$467,407.41
$408,981.48
$350,555.56
$292,129.63
$233,703.70
$175,277.78
$116,851.85
$58,425.93
$
0.00

CUADRO DEL SERVICIO DE LA DEUDA DEL CRDITO DEL PROYECTO PARA LA


CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y
COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA
ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024
Cuadro N21
Ao Gastos financieros
Amortizacin de
Servicio de deuda
capital
1
$ 1,677,550.93
$ 269,907.41
$ 1,947,458.33
2
$ 1,562,055.56
$ 1,555,555.56
$ 3,117,611.11
3
$ 1,375,388.89
$ 1,555,555.56
$ 2,930,944.44
4
$ 1,188,722.22
$ 1,555,555.56
$ 2,744,277.78
5
$ 1,002,055.56
$ 1,555,555.56
$ 2,557,611.11
6
$ 815,388.89
$ 1,555,555.56
$ 2,370,944.44
7
$ 628,722.22
$ 1,555,555.56
$ 2,184,277.78
8
$ 442,055.56
$ 1,555,555.56
$ 1,997,611.11
9
$ 255,388.89
$ 1,555,555.56
$ 1,810,944.44
10
$
71,171.30
$ 1,285,648.15
$ 1,356,819.44
Fuente: Clculos Propios

CUADRO DEL ESTADO DE RESULTADOS PROFORMA DEL FLUJO DE FONDOS DEL PROYECTO PARA LA CONSTRUCCIN Y
OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL
MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL PERIODO 2015-2024
Cuadro No. 22
Tiempo en aos
CONCEPTO
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Ingresos por venta de
trap.
INGRESOS TOTALES
Costos de produccin
Gastos de produccin
Costos y gastos totales
UTILIDAD BRUTA
Gastos de admn. y
gestin
Gastos de energa,
agua y co.
Gastos de
mantenimiento
Gastos de
comercializacin
Total de gastos
funcionales
UTILIDAD NETA DE
OPERACIN
Seguros
Licencias
Total otros egresos
UT. ANT. DE DEP. DE
ACT F Y AMORT DE
INTANGIBLES NO DEV.
Depreciacin de
activos fijos
Amortizacin de
intangibles no
devengados
Total de depreciacin
de activos fijos y de
amortizacin de
intangibles no
devengados
UTILIDAD ANTES DE
GASTOS FINANCIEROS
Gastos Financieros
UTILIDAD ANTES DE
ISR Y PTU
Impuesto sobre la
renta
Participacin utilidades
de la empresa
Total ISR y PTU
UTILIDAD NETA DEL
EJERCICIO

$
184,044,000

$
196,729,890

$
209,810,160

$
223,284,810

$
237,153,840

$
251,417,250

$
269,098,620

$
287,305,830

$
306,038,880

$
328,650,000

$
184,044,000
$
73,617,600
$
36,808,800
$
110,426,400
$
73,617,600
$
12,883,080

$
196,729,890
$
78,691,956
$
39,345,978
$
118,037,934
$
78,691,956
$
13,771,092

$
209,810,160
$
83,924,064
$
41,962,032
$
125,886,096
$
83,924,064
$
14,686,711

$
223,284,810
$
89,313,924
$
44,656,962
$
133,970,886
$
89,313,924
$
15,629,937

$
237,153,840
$
94,861,536
$
47,430,768
$
142,292,304
$
94,861,536
$
16,600,769

$
251,417,250
$
100,566,900
$
50,283,450
$
150,850,350
$
100,566,900
$
17,599,208

$
269,098,620
$
107,639,448
$
53,819,724
$
161,459,172
$
107,639,448
$
18,836,903

$
287,305,830
$
114,922,332
$
57,461,166
$
172,383,498
$
114,922,332
$
20,111,408

$
306,038,880
$
122,415,552
$
61,207,776
$
183,623,328
$
122,415,552
$
21,422,722

$
328,650,000
$
131,460,000
$
65,730,000
$
197,190,000
$
131,460,000
$
23,005,500

$
7,361,760

$
7,869,196

$
8,392,406

$
8,931,392

$
9,486,154

$
10,056,690

$
10,763,945

$
11,492,233

$
12,241,555

$
13,146,000

$
9,202,200

$
9,836,495

$
10,490,508

$
11,164,241

$
11,857,692

$
12,570,863

$
13,454,931

$
14,365,292

$
15,301,944

$
16,432,500

$
14,723,520

$
15,738,391

$
16,784,813

$
17,862,785

$
18,972,307

$
20,113,380

$
21,527,890

$
22,984,466

$
24,483,110

$
26,292,000

$
44,170,560

$
47,215,174

$
50,354,438

$
53,588,354

$
56,916,922

$
60,340,140

$
64,583,669

$
68,953,399

$
73,449,331

$
78,876,000

$
29,447,040

$
31,476,782

$
33,569,626

$
35,725,570

$
37,944,614

$
40,226,760

$
43,055,779

$
45,968,933

$
48,966,221

$
52,584,000

$
7,361,760
$
3,680,880
$
11,042,640
$
18,404,400

$
7,869,196
$
3,934,598
$
11,803,793
$
19,672,989

$
8,392,406
$
4,196,203
$
12,588,610
$
20,981,016

$
8,931,392
$
4,465,696
$
13,397,089
$
22,328,481

$
9,486,154
$
4,743,077
$
14,229,230
$
23,715,384

$
10,056,690
$
5,028,345
$
15,085,035
$
25,141,725

$
10,763,945
$
5,381,972
$
16,145,917
$
26,909,862

$
11,492,233
$
5,746,117
$
17,238,350
$
28,730,583

$
12,241,555
$
6,120,778
$
18,362,333
$
30,603,888

$
13,146,000
$
6,573,000
$
19,719,000
$
32,865,000

$
1,830,000

$
1,830,000

$
1,230,000

$
1,230,000

$
1,230,000

$
470,000

$
430,000

$
350,000

$
350,000

$
350,000

$
2,250,000

$
2,250,000

$
-

$
-

$
-

$
-

$
-

$
-

$
-

$
-

$
4,080,000

$
4,080,000

$
1,230,000

$
1,230,000

$
1,230,000

$
470,000

$
430,000

$
350,000

$
350,000

$
350,000

$
14,324,400

$
15,592,989

$
19,751,016

$
21,098,481

$
22,485,384

$
24,671,725

$
26,479,862

$
28,380,583

$
30,253,888

$
32,515,000

$
1,677,550.93
$
12,646,849

$
1,562,055.56
$
14,030,933

$
1,375,388.89
$
18,375,627

$
1,188,722.22
$
19,909,759

$
1,002,055.56
$
21,483,328

$
815,388.89
$
23,856,336

$
628,722.22
$
25,851,140

$
442,055.56
$
27,938,527

$
255,388.89
$
29,998,499

$
71,171.30
$
32,443,829

$
3,794,055

$
4,209,280

$
5,512,688

$
5,972,928

$
6,444,999

$
7,156,901

$
7,755,342

$
8,381,558

$
8,999,550

$
9,733,149

$
1,264,685

$
1,403,093

$
1,837,563

$
1,990,976

$
2,148,333

$
2,385,634

$
2,585,114

$
2,793,853

$
2,999,850

$
3,244,383

$
5,058,740
$
7,588,109

$
5,612,373
$
8,418,560

$
7,350,251
$
11,025,376

$
7,963,904
$
11,945,855

$
8,593,331
$
12,889,997

$
9,542,534
$
14,313,802

$
10,340,456
$
15,510,684

$
11,175,411
$
16,763,116

$
11,999,400
$
17,999,099

$
12,977,531
$
19,466,297

Fuente: Clculos propios

CUADRO DEL ESTADO DE RESULTADOS PROFORMA DEL FLUJO DE CAJA DEL PROYECTO PARA
LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA PARA LA PRODUCCIN Y
COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA
MICHOACAN DURANTE EL PERIODO 2015-2024

Cuadro N 23
Tiempo en aos

CONCEPTO
Utilidad neta del ejercicio
Depreciacin de activos
fijos
Devolucin de impuestos
10%
Amortizacin de Capital
FLUJO DE CAJA

2015

2016

2017

2018

2019

2020

$
7,588,109
$
1,830,000

$
8,418,560
$
1,830,000

$
11,025,376
$
1,230,000

$
11,945,855
$
1,230,000

$
12,889,997
$
1,230,000

$
14,313,802
$
470,000

2021

$
-

$
379,405

$
420,928

$
551,269

$
597,293

$
644,500

$
269,907
$
9,148,202

$
1,555,556
$
9,072,410

$
1,555,556
$
11,120,749

$
1,555,556
$
12,171,569

$
1,555,556
$
13,161,734

$
1,555,556
$
13,872,746

2022

$
15,510,684
$
430,000

2023

$
16,763,116
$
350,000

$
715,690
$
1,555,556
$
15,100,818

2024

$
17,999,099
$
350,000

$
775,534
$
1,555,556
$
16,333,095

$
838,156
$
1,555,556
$
17,631,700

$
19,466,297
$
350,000
$
899,955
$
1,285,648
$
19,430,604

Fuente: Clculos propios

AO
Ingresos
Totales
Costos
variables
Gastos Fijos
Costos y
gastos totales
Unidades
vendidas
Precio

2015

2016

2017

2018

2019

2020

2021

2022

2023

$
184,044,000

$
196,729,890

$
209,810,160

$
223,284,810

$
237,153,840

$
251,417,250

$
269,098,620

$
287,305,830

$
306,038,880

$
328,650,000

$
110,426,400

$
118,037,934

$
125,886,096

$
133,970,886

$
142,292,304

$
150,850,350

$
161,459,172

$
172,383,498

$
183,623,328

$
197,190,000

$
66,029,491
$
176,455,891

$
70,273,396
$
188,311,330

$
72,898,688
$
198,784,784

$
77,368,069
$
211,338,955

$
81,971,539
$
224,263,843

$
86,253,098
$
237,103,448

$
92,128,764
$
253,587,936

$
98,159,216
$
270,542,714

$
104,416,453
$
288,039,781

$
111,993,703
$
309,183,703

7,361,760

7,869,196

8,392,406

8,931,392

10,056,690

10,763,945

$
25

$
25

$
25

$
25

9,486,154
$
25

$
25

$
25

11,492,233
$
25

2024

12,241,555
$
25

13,146,000
$
25

PUNTO DE EQUILIBRIO
Unidades
monetarias
Unidades fsicas
Nivel de ventas
Nivel de
operacin
Unidades de
tiempo
Proporcin nivel
ventas
Proporcin
meses

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

$
165,073,726
$
6,602,949
89.69%

$
175,683,490
$
7,027,340
89.30%

$
182,246,719
$
7,289,869
86.86%

$
193,420,172
$
7,736,807
86.62%

$
204,928,847
$
8,197,154
86.41%

$
215,632,746
$
8,625,310
85.77%

$
230,321,910
$
9,212,876
85.59%

$
245,398,039
$
9,815,922
85.41%

$
261,041,131
$
10,441,645
85.30%

$
279,984,257
$
11,199,370
85.19%

62.78%

65.19%

66.02%

68.43%

70.86%

72.90%

76.18%

79.43%

82.74%

85.19%

327.3777

325.9519

317.0488

316.1808

315.4030

313.0491

312.4040

311.7594

311.3330

310.9516

30.4167

30.4167

30.4167

30.4167

30.4167

30.4167

30.4167

30.4167

30.4167

30.4167

Meses

10.7631

10.7162

10.4235

10.3950

10.3694

10.2920

10.2708

10.2496

10.2356

10.2231

Das

53.6277

52.2019

73.7154

72.8474

72.0697

69.7158

69.0707

68.4260

67.9997

67.6183

1215.0659

1228.8447

1241.1704

1244.3384

1249.6717

1265.1792

1273.6971

1258.2248

1271.9928

1262.8392

72723.9562

72950.6801

73510.2246

73700.3060

74980.2998

75310.7521

75281.8242

75133.4909

75179.5685

75230.3498

Horas
Minutos

Punto de equilibrio

Ao 2015

Ingresos totales:
Costos variables:
Gastos fijos:
Costos y gastos totales:
Unidades vendidas:
Precio:

184,044,000
110,426,400
66,029,491
176,455,891
7,361,760
25

P.E. Unidades Monetarias

PE =

P.E. Unidades Fsicas

GF
1 - (CV/VT)
66,029,491

PE =

PE =
PE =

1 - (110, 426,400/184,044,000)

25(110,426,400/184,044,000)2
5

PE =

66,029,491
0.4
PE = 165,073,726

PE =

66,029,491
10
PE = 6,602,949

P.E. Nivel de ventas

PE =

GF
(P - (CV/VT)P)UV
66,029,491

PE =

(25-(110, 426,400/184,044,000)25)7,361,760

PE =

PE =
PE =
PE =

66,029,491
73,617,600
0.8969
89.69%
71.754026814%

x 80%
P.E. Nivel de
operacin

P.E. Unidades de tiempo

365(.8969) = 327.38

GF
P - (CV/VT)P
66,029,491

365/12 = 30.4167
327.38/30.416
10.7631
7=
.7631 x
23.2111
30.4167 =
.2111 x 24 =
5.0659

= 10 meses
= 23 das
= 5 horas

CUADRO DE LA TASA CONTABLE DE RENTABILIDAD DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE


UNA EMPRESA PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE
SANTA ANA MAYA MICHOACN DURANTE EL PERIODO 2015-2024
=

N 24

AO
TRC

2015
0.38

2016
0.42

2017 2018 2019 2020 2021 2022 2023 2024


0.55

0.59

0.64

0.71

0.77

0.83

0.89

0.97

FUENTE: Clculos propios

CUADRO DEL ESTADO DE RESULTADOS PROFORMA DEL FLUJO DE CAJA DEL PROYECTO PARA LA CONSTRUCCIN Y OPERACIN DE UNA EMPRESA
PARA LA PRODUCCIN Y COMERCIALIZACIN DE TRAPEADORES MECHUDOS DEL MUNICIPIO DE SANTA ANA MAYA MICHOACAN DURANTE EL
PERIODO 2015-2024

Tabla No. 23b

CONCEPTO
Utilidad neta del ejercicio
Depreciacin de activos
fijos
Devolucin de impuestos
10%
Amortizacin de Capital
FLUJO DE CAJA

2015

2016

$
962,525
$
1,830,000

$
1,336,284
$
1,830,000
$
-

$
269,907
$
2,522,618

$
48,126
$
1,555,556
$
1,658,855

FUENTE: Clculos propios

2017
$
3,472,211
$
1,230,000
$
66,814
$
1,555,556
$
3,213,469

2018
$
3,907,602
$
1,230,000
$
173,611
$
1,555,556
$
3,755,657

Tiempo en aos
2019
2020
$
4,352,459
$
1,230,000
$
195,380
$
1,555,556
$
4,222,283

$
5,262,781
$
470,000
$
217,623
$
1,555,556
$
4,394,848

2021

2022

2023

$
5,823,134
$
430,000

$
6,420,107
$
350,000

$
6,981,700
$
350,000

$
263,139

$
291,157

$
321,005

$
1,555,556
$
4,960,717

$
1,555,556
$
5,505,708

$
1,555,556
$
6,097,150

2024
$
7,634,897
$
350,000
$
349,085
$
1,285,648
$
7,048,334

AOS

CONCEPTO

Inversin

MONTO

25% C.O. FACTOR DE


ACTUALIZACIN

MONTO
ACTUALIZADO

$6,120,650.00

1.0000

$
6,120,650.00

Flujo de caja

$962,525.44

0.8000

Flujo de caja

$1,336,284.03

0.6400

Flujo de caja

$3,472,210.51

0.5120

Flujo de caja

$3,907,602.11

0.4096

Flujo de caja

$4,352,458.83

0.3277

Flujo de caja

$5,262,780.67

0.2621

Flujo de caja

$5,823,133.55

0.2097

Flujo de caja

$6,420,106.59

0.1678

Flujo de caja

$6,981,699.79

0.1342

10

Flujo de caja

$7,634,897.22

0.1074

11

Valor de rescate

$10,000,000.00

0.0859

$
770,020.36
$
855,221.78
$
1,777,771.78
$
1,600,553.82
$
1,426,213.71
$
1,379,606.38
$
1,221,199.62
$
1,077,115.15
$
937,067.88
$
819,790.85
$
858,993.46

Fuente: Clculos propios

Valor de rescate
Activo por pagar

VPN=

$ 14,000,000

BA-IA

VPN=
$18,844,204.77

Pasivo por
pagar

$ 4,000,000

VPN=
$12,723,554.77

TIR
TIR + C.O.

43%
68%

C.O.

25%

$
6,120,650.00

$6,120,650.00
$962,525.44
$1,336,284.03
$3,472,210.51
$3,907,602.11
$4,352,458.83
$5,262,780.67
$5,823,133.55
$6,420,106.59
$6,981,699.79
$7,634,897.22

AOS

CONCEPTO

MONTO

68% C.O. FACTOR DE


ACTUALIZACIN

0
1
2
3
4
5
6
7
8
9
10
11

Inversin

$6,120,650.00
$962,525.44
$1,336,284.03
$3,472,210.51
$3,907,602.11
$4,352,458.83
$5,262,780.67
$5,823,133.55
$6,420,106.59
$6,981,699.79
$7,634,897.22

1.0000

6,120,650.00

0.5952

572,931.81

0.3543

473,456.64

0.2109

732,281.73

0.1255

490,538.62

0.0747

325,228.25

0.0445

234,077.45

0.0265

154,167.13

0.0158

101,173.78

0.0094

65,490.40

0.0056

42,629.51

$
10,000,000.00

0.0033

33,235.17

Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Flujo de caja
Valor de rescate

MONTO
ACTUALIZADO

Fuente: Clculos propios


Valor de rescate
Activo por
$
pagar
14,000,000
Pasivo por
$
pagar
4,000,000

VPN=

BA-IA

VPN=

$ 9,345,860.51

VPN=

$ 8,124,660.89

$ 1,221,199.62