INVERSIONES

314,470.72

100%

INVERSIN FIJA

259,800.00

83%

Terrenos y construcciones
Maquinaria
Otros activos
CAPITAL DE OPERACIN PARA
3.0

162,600.00
22,900.00
74,300.00
meses

54,670.72

Materia prima
Mano de obra directa
Carga Fabril sin depreciacin
Gastos de ventas y administrativos

79,402.00
63,600.00
47,080.87
28,600.00
218,682.87

RESULTADOS APRECIADOS
VENTAS
MENOS:
COSTOS DE PRODUCCIN
UTILIDADES BRUTAS
MENOS:
GASTOS DE VENTAS
MENOS:
GASTOS ADMINISTRATIVOS
MENOS:
GASTOS FINANCIEROS
UTIL. ANTES IMP.
MENOS:
15% PARTIC. TRABAJ.
UTIL. ANTES IMP. A LA RENTA
MENOS:
IMP. A LA RENTA
UTILIDAD NETA

362,046.60

100.0%

202,754.54
159,292.06

56.0%

11,800.00
147,492.06

3.3%

16,800.00
130,692.06

4.6%

48,050.27
82,641.78

13%

12,396.27
70,245.52

3%

8,570.43
61,675.09

2%
17%

79,402.00
63,600.00

28.42%
22.76%

27,600.00

9.88%

300.00
6,935.87
12,671.67
12,245.00
28,600.00
48,050.27
279,404.82

0.11%
2.48%
4.54%
4.38%
10.24%
17.20%
100.00%

DETALLE DE COSTOS O GASTOS

Materia Prima
Mano de Obra Directa
Carga fabril
Mano de obra indirecta
Insumos:
Diesel
Varios+Energia
Depreciacin
Mantenimiento
Gastos en Ventas y Administ
Gastos financieros

17%

MARMOL SINTETICO DE RESINA POLIESTER CON CARBO

TERRENOS Y CONSTRUCCIONES
162,600.00

Denominacin

Canti dad

P.Unit

P.Total

TERRENOS

1,500 m

10.00

15,000.00

CONSTRUCCIONES
Planta industrial
Oficinas administrativas
Cerramiento

147,600.00
700 m
380 m
300 ml

96.00
180.00
40.00

67,200.00
68,400.00
12,000.00

MAQUINARIAS Y EQUIPOS
Denominacin
Canti dad

P.Unit

MAQUINARIAS
Mezcladora con agitadora
Trituradora
Horno
Moldeos con mesa
Lijadora
Total Hp
EQUIPOS
Pulimentos
Lija

POTENCIA Hp
18
4
0
0
4
26

UNIDAD
2
2
2
3
2

150.00
40.00

V.UNITARIO
1,500.00
2,000.00
600.00
100.00
250.00
ToTal KW
50.00
160.00

22,900.00
P.Total
9,000.00
V.TOTAL
3,000.00
4,000.00
1,200.00
300.00
500.00
19.33
13,900.00
7,500.00
6,400.00

SINA POLIESTER CON CARBONATO DE CALCIO Y ALUMINA

OTROS ACTIVOS
Denominacin
Camiones
Computadoras
Equipos y muebles oficina
Equipos de laboratorio
Gastos de constitucin

Denominacin
Resina

P.Unit

74,300.00
P.Total

32,000.00
500.00
300.00
2,000.00
1500.00

64,000.00
2,000.00
4,800.00
2,000.00
1500.00

P.Unit

79,402.00
ao
1

550.00

55,000.00

490 kg/a

10.00

4,900.00

380 kg
380 kg/a

50.00

19,000.00

40 kg
40 kg/a

10

400.00

2 kg
2 kg/a

15.00

30

72

Canti dad
2
4
16
1
1

Unid
Unid
Gbl
Gbl
Gbl

MATERIA PRIMA
1,021
Kg/a
Canti dad
7
100 kg
100 kg/a

Cac. Calcio

Almina

Pigmentos

MEKP

Cobalto

38661.71 Kw-hr/ao

490 kg

9 lt
9 lt/a

MANO DE OBRA DIRECTA

63,600
Denominacin
Obrero
Supervisor
Operario

Canti dad

Mensual

Anual

4 pers
2 pers
5 pers
11

400
600
500

19,200.00
14,400.00
30,000.00
63,600.00

CARGA FABRIL
59,752.54

Mano de obra indirecta

Denominacin

Guardia
Jefe de produccin
Jefe de laboratorio
Insumos
Denominacin
Diesel
Varios
Energia

Mensual

27,600.00
Anual

1 Pers
1 pers
1 pers

500
900
900

6,000.00
10,800.00
10,800.00

Canti dad
300 Gal
1 Gbl

P.Unit
1
750.00

7,235.87
P.Total
300.00
750.00

0.16

6,185.87

Valor

Aos de vida

12,671.67
P.Total

67,200.00
68,400.00
12,000.00
9,000.00
13,900.00
32,000.00
2,000.00
4,800.00
2,000.00

20
20
20
12
12
15
5
8
8

3,360.00
3,420.00
600.00
750.00
1,158.33
2,133.33
400.00
600.00
250.00

Valor

% anual

12,245.00
P.Total

67,200.00
68,400.00
12,000.00
9,000.00
13,900.00
32,000.00
2,000.00
4,800.00
2,000.00

5%
5%
5%
7%
5%
10%
5%
5%
15.00%

3,360.00
3,420.00
600.00
630.00
695.00
3,200.00
100.00
240.00
300.00

38661.71 Kw-Hr/a

Depreciacin
Denominacin
Planta industrial
Oficinas administrativas
Cerramiento
MAQUINARIAS
EQUIPOS
Camiones
Computadoras
Equipos y muebles de oficina
Equipos de laboratorio

Mantenimiento
Denominacin
Planta industrial
Oficinas administrativas
Cerramiento
MAQUINARIAS
EQUIPOS
Camion
Computadoras
Equipos y muebles de oficina
Equipos de laboratorio
Costos de produccin
Materia prima

Canti dad

79,402

Mano Obr Dir

Carga Fabril
Total CP

63,600
59752.54
202754.54

GASTOS DE VENTAS
11,800.00
Denominacin

Canti dad

Mensual

Anual

Promotor de ventas
Publicidad

1 pers

500.00

6,000.00
1,000.00

Chofer

1 Pers

400.00

4,800.00

GASTOS ADMINISTRATIVOS
16,800.00
Denominacin
Gerente
Secretaria contadora

Canti dad

Mensual

Anual

1 pers
1 pers

900
500

10,800.00
6,000.00

P.Unit
354.60

P.Total
362,046.60

VENTAS

Denominacin
Marmol Sintetico

Canti dad
1,021

GASTOS FINANCIEROS
Tasa
Tiempo
Capital

AOS
0
1
2
3
4
5

9.63% anual
10 aos
300000 dlares

SALDO INICIAL

PAGO ANUAL

INTERESES

CAPITAL

300,000.00
280,839.73
259,834.32
236,806.09
211,560.24

48,050.27
48,050.27
48,050.27
48,050.27
48,050.27

28,890.00
27,044.87
25,022.04
22,804.43
20,373.25

19,160.27
21,005.41
23,028.23
25,245.85
27,677.02

183,883.21

48,050.27

17,707.95

30,342.32

153,540.89

48,050.27

14,785.99

33,264.29

120,276.60

48,050.27

11,582.64

36,467.64

9
10

83,808.97
43,829.49

48,050.27
48,050.27

8,070.80
4,220.78

39,979.47
43,829.49

SALDO FINAL
300,000.00
280,839.73
259,834.32
236,806.09
211,560.24
183,883.21
153,540.89
120,276.60
83,808.97
43,829.49
0.00

CALCULO PARA EL PUNTO DE EQUILIBRIO

RUBROS

FIJOS

VARIABLES

TOTALES

COSTOS DE PRODUCCIN

Materia Prima
Mano de obra directa
Carga Fabril
Gastos de venta
Gastos financieros

40,271.67
16,800.00
11,800.00
48,050.27

COSTOS TOTALES

116,921.94

Gastos administrativos

79,402.00
63,600.00
19,480.87

162,482.87

Ventas
Cv/V
1-(Cv/V)
Cf / ( 1-Cv/V)
Cf / ( 1-Cv/V) * (1/V)
PORCENTAJE

P.E

0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
58.59%
60.00%
70.00%
80.00%
90.00%
100.00%

C. FIJOS

116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94
116,921.94

C. VARIABLES

0.00
16,248.29
32,496.57
48,744.86
64,993.15
81,241.44
95,196.72
97,489.72
113,738.01
129,986.30
146,234.59
162,482.87

0.45
0.55
212,118.67
58.59%
C. TOTALES

116,921.94
133,170.23
149,418.52
165,666.80
181,915.09
198,163.38
212,118.67
214,411.67
230,659.95
246,908.24
263,156.53
279,404.82

79,402.00
63,600.00
59,752.54
16,800.00
11,800.00
48,050.27
279,404.82

362,046.60
N de Botellas
60605

VENTAS

0.00
36,204.66
72,409.32
108,613.98
144,818.64
181,023.30
212,118.67
217,227.96
253,432.62
289,637.28
325,841.94
362,046.60

PUNTO DE EQUILIBRIO
400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
VENTAS
0%

COSTOS
10%
20%FIJOS
30%

COSTOS50%
VARIABLES
40%
59%

COSTOS
60%
70%TOTALES
80%

90%

100%

UNIVERSIDAD TECNICA DE MANABI

SINTETICO

FLUJO DE CAJA PREVISTO PARA DIEZ AOS

DETALLE
INGRESOS

Ventas
Capital propio
Credito

74,370.00

362,046.60

362,046.60

2
362,046.60

362,046.60

3
362,046.60

362,046.60

4
362,046.60

362,046.60

5
362,046.60

362,046.60

74,370.00

EGRESOS

Inversin fija
Costos de Produccin
Gastos administrativos
Gastos de Ventas
Gastos Financieros
UTIL. ANTES IMP.
15% PARTIC. TRABAJ.
UTIL. ANTES IMP. A LA RENTA
IMP. A LA RENTA
"+DEPRECIACIN"
SALDO EN CAJA

VAN (5%)

AOS

-116,233

259,800.00

279,404.82

279,404.82

279,404.82

279,404.82

279,404.82

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

-111,083.25

-36,736.49

37,610.26

111,957.01

186,303.76

259,800.00

-185,430.00

OS
6

362,046.60

362,046.60

362,046.60

362,046.60

279,404.82

279,404.82

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

260,650.52

334,997.27

8
362,046.60

362,046.60

9
362,046.60

362,046.60

10
362,046.60

362,046.60

279,404.82

279,404.82

279404.8152

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

202,754.54
16,800.00
11,800.00
48,050.27
82,641.78
12,396.27
70,245.52
8,570.43
12,671.67

409,344.02

483,690.78

558,037.53

VALOR ACTUAL NETO (VAN)

AO

Inversion Inicial

-111,083

-36,736

37,610

111,957

186,304

-259,800

-111,083

-36,736

37,610

111,957

186,304

1.00

0.96

0.93

0.89

0.86

0.83

-259800

-107,017

-34,096

33,629

96,441

154,609

-259,800

Flujo de Cajas
Total
Factor de descuento al 5%
Flujo de Cajas descont
Valor Actual Neto (VAN)

-116,233

Datos de partida
Inversin Inicial
Tasa de descuento
Flujo de caja anuales

-314471
4%
-111,083

-36,736

37,610

111,957

186,304

Tasa de descuento
Cte RA

8.99%

25%
3.80%
0%
100%
4%

Cte RP
RA/(RA+RP)
RP/(RA+RP)
cppc

Resumen de escenario

Valores actuales:
4%
-116,233

TASA 7% TASA 9% TASA 11% TASA 13%

7%
9%
11%
13%
-201,429 -217,862
-232,550 -245,695

VALOR ACTUAL NETO

0
4%

7%

9%

11%

13%

-50,000
-100,000
-116,233
-150,000
-200,000
-250,000
-300,000

-201,429

-217,862

TASA DE DESCUENTO

-232,550

-245,695

-116,233
-150,000
-200,000
-250,000
-300,000

-201,429

-217,862

TASA DE DESCUENTO

-232,550

-245,695

10

260,651

334,997

409,344

483,691

558,038

260,651

334,997

409,344

483,691

558,038

0.80

0.77

0.74

0.71

0.69

208,389

258,024

303,745

345,773

384,317

260,651

TASA 13%

334,997

409,344

483,691

558,038

Tasa Interna de Retorno (TIR)

Ao
Inversin

-259800.00

FC
TOTAL
TIR

-259800.00
-5%

-111,083.25

-36,736.49

37,610.26

111,957.01 186,303.76

-111,083.25

-36,736.49

37,610.26

111,957.01 186,303.76

Relacin Beneficio-Costo
Beneficios
Costos
B/C

$ 131,456
-259800.00
0.51

Periodo de Retorno (Pay Back)

Ao
0
1
2
3
4
5

Inversion
Flujo de Caja
259,800
-111,083
-36,736
37,610
111,957
186,303.76

VF(5)
-135,022
-42,527
41,465
117,555
186,304

Acum
-135,022
-177,549
-136,084
-18,529
167,774

10

260,650.52

334,997.27

409,344.02

483,690.78

558,037.53

260,650.52

334,997.27

409,344.02

483,690.78

558,037.53

FRACCIN
BSICA

EXCESO
HASTA

Tabla Ao
2004

En USD

10180.00
12970.00
16220.00
19470.00
38930.00
58390.00
77870.00
103810.00

10180.00
12970.00
16220.00
19470.00
38930.00
58390.00
77870.00
103810.00
EN
ADELANTE

IMPUESTO
FRACCIN
BSICA

%
IMPUESTO
FRACC
EXCED

0.00
140.00
465.00
855.00
3774.00
7666.00
12536.00

0%
5%
10%
12%
15%
20%
25%
30%

20318.00

35%

70245.52
103810.00
33564.48

20,318
11747.57
32065.57