AMORTIZACIN Y PRSTAMO BANCARIO

CUOTA
INTERS (15%*MONTO) (AMORTIZACIN+I
NTERS)

AO

MONTO

AMORTIZACIN

1
2
3
4
5
6
7
8

400,000,000.00
350,000,000.00
300,000,000.00
250,000,000.00
200,000,000.00
150,000,000.00
100,000,000.00
50,000,000.00

50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00

60,000,000.00
52,500,000.00
45,000,000.00
37,500,000.00
30,000,000.00
22,500,000.00
15,000,000.00
7,500,000.00

110,000,000.00
102,500,000.00
95,000,000.00
87,500,000.00
80,000,000.00
72,500,000.00
65,000,000.00
57,500,000.00

1
292,500,000

2
292,500,000

3
292,500,000

4
292,500,000

1
60,000,000
292,500,000
352,500,000
105,750,000

2
52,500,000
292,500,000
345,000,000
103,500,000

3
45,000,000
292,500,000
337,500,000
101,250,000

4
37,500,000
292,500,000
330,000,000
99,000,000

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
52,500,000.00
-441,200,000.00
-132,360,000.00
-308,840,000.00

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
45,000,000.00
-433,700,000.00
-130,110,000.00
-303,590,000.00

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
37,500,000.00
-426,200,000.00
-127,860,000.00
-298,340,000.00

1
-388,700,000.00
292,500,000.00
-96,200,000.00

2
-388,700,000.00
292,500,000.00
-96,200,000.00

3
-388,700,000.00
292,500,000.00
-96,200,000.00

DEPRECIACIN

ESCUDO FISCAL
INTERS
DEPRECIACIN
SUBTOTAL
IMPUESTO A LA RENTA (30%)

ESTADO DE PRDIDAS Y GANANCIAS

CONCEPTO
1
INGRESOS
COSTOS OPERATIVOS
388,700,000.00
COSTOS FIJOS
45,000,000.00
COSTOS VARIABLES
51,200,000.00
DEPRECIACIN
292,500,000.00
UTILIDAD OPERACIONAL
-388,700,000.00
INTERS BANCARIO
60,000,000.00
UTILIDAD IMPONIBLE
-448,700,000.00
IMPUESTO A LA RENTA (30%)
-134,610,000.00
UTILIDAD NETA
-314,090,000.00

FLUJO DE CAJA
CONCEPTO
UTILIDAD OPERACIONAL
DEPRECIACIN
SUBTOTAL
INVERSIN
ACTIVO FIJO
FLUJO BRUTO ECONMICO
IMPUESTO A LA RENTA (30%)
FLUJO NETO ECONMICO
MOV. FINANCIERO
ESCUDO FISCAL
PRSTAMO
AMORTIZACIN
INTERS BANCARIO
FLUJO NETO FINANCIERO

VALOR ACTUAL NETO

VAN FINANCIERO
VAN ECONMICO

-150,000.00
-150,000.00
0.00
-150,000.00

70,000.00
70,000.00
21,000.00
49,000.00

105,750,000.00

90,000.00
90,000.00
27,000.00
63,000.00

80,000.00
80,000.00
24,000.00
56,000.00

103,500,000.00

101,250,000.00

50,000,000.00
52,500,000.00
1,063,000.00

50,000,000.00
45,000,000.00
6,306,000.00

400,000,000.00

-90,000.00

50,000,000.00
60,000,000.00
-4,201,000.00

COSTO DE OPORTUNIDAD: 16%

S/. 21,159,389.17
S/. 39,173.23

TASA INTERNA DE RETORNO

TIR
TIR

SALDO (MONTOAMORTIZACIN)
350,000,000.00
300,000,000.00
250,000,000.00
200,000,000.00
150,000,000.00
100,000,000.00
50,000,000.00
0.00

Amortizacin
Monto
Interes anual
Numero de Aos
Aporte propio

400,000,000.00
15.0%
8
600,000,000

5
292,500,000

6
292,500,000

7
292,500,000

8
292,500,000

5
30,000,000
292,500,000
322,500,000
96,750,000

6
22,500,000
292,500,000
315,000,000
94,500,000

7
15,000,000
292,500,000
307,500,000
92,250,000

8
7,500,000
292,500,000
300,000,000
90,000,000

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
30,000,000.00
-418,700,000.00
-125,610,000.00
-293,090,000.00

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
22,500,000.00
-411,200,000.00
-123,360,000.00
-287,840,000.00

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
15,000,000.00
-403,700,000.00
-121,110,000.00
-282,590,000.00

388,700,000.00
45,000,000.00
51,200,000.00
292,500,000.00
-388,700,000.00
7,500,000.00
-396,200,000.00
-118,860,000.00
-277,340,000.00

4
-388,700,000.00
292,500,000.00
-96,200,000.00

5
-388,700,000.00
292,500,000.00
-96,200,000.00

6
-388,700,000.00
292,500,000.00
-96,200,000.00

7
-388,700,000.00
292,500,000.00
-96,200,000.00

40%

60%

8
-388,700,000.00
292,500,000.00
-96,200,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

99,000,000.00

96,750,000.00

94,500,000.00

92,250,000.00

90,000,000.00

50,000,000.00
37,500,000.00
11,549,000.00

50,000,000.00
30,000,000.00
16,799,000.00

50,000,000.00
22,500,000.00
22,049,000.00

50,000,000.00
15,000,000.00
27,299,000.00

50,000,000.00
7,500,000.00
32,549,000.00

TASA INTERNA DE RETORNO

120%
31%

AMORTIZACIN Y PRSTAMO BANCARIO

AO

MONTO

AMORTIZACIN

INTERS (15%*MONTO)

1
2
3
4
5
6
7
8

400,000,000.00
350,000,000.00
300,000,000.00
250,000,000.00
200,000,000.00
150,000,000.00
100,000,000.00
50,000,000.00

50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00
50,000,000.00

60,000,000.00
52,500,000.00
45,000,000.00
37,500,000.00
30,000,000.00
22,500,000.00
15,000,000.00
7,500,000.00

1
0

2
0

3
0

1
60,000,000
292,500,000
352,500,000
105,750,000

2
52,500,000
292,500,000
345,000,000
103,500,000

3
45,000,000
292,500,000
337,500,000
101,250,000

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
52,500,000.00
-148,700,000.00
-44,610,000.00
-104,090,000.00

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
45,000,000.00
-141,200,000.00
-42,360,000.00
-98,840,000.00

1
-96,200,000.00
0.00
-96,200,000.00

2
-96,200,000.00
0.00
-96,200,000.00

DEPRECIACIN

ESCUDO FISCAL
INTERS
DEPRECIACIN
SUBTOTAL
IMPUESTO A LA RENTA (30%)

ESTADO DE PRDIDAS Y GANANCIAS

CONCEPTO
1
INGRESOS
COSTOS OPERATIVOS
96,200,000.00
COSTOS FIJOS
45,000,000.00
COSTOS VARIABLES
51,200,000.00
DEPRECIACIN
0.00
UTILIDAD OPERACIONAL
-96,200,000.00
INTERS BANCARIO
60,000,000.00
UTILIDAD IMPONIBLE
-156,200,000.00
IMPUESTO A LA RENTA (30%)
-46,860,000.00
UTILIDAD NETA
-109,340,000.00

FLUJO DE CAJA
CONCEPTO
UTILIDAD OPERACIONAL
DEPRECIACIN
SUBTOTAL
INVERSIN
ACTIVO FIJO
FLUJO BRUTO ECONMICO
IMPUESTO A LA RENTA (30%)
FLUJO NETO ECONMICO
MOV. FINANCIERO
ESCUDO FISCAL
PRSTAMO
AMORTIZACIN
INTERS BANCARIO
FLUJO NETO FINANCIERO

VALOR ACTUAL NETO

VAN FINANCIERO
VAN ECONMICO

-150,000.00
-150,000.00
0.00
-150,000.00

70,000.00
70,000.00
21,000.00
49,000.00

105,750,000.00

90,000.00
90,000.00
27,000.00
63,000.00

103,500,000.00

400,000,000.00

-90,000.00

50,000,000.00
60,000,000.00
-4,201,000.00

50,000,000.00
52,500,000.00
1,063,000.00

COSTO DE OPORTUNIDAD: 16%

S/. 21,159,389.17
S/. 39,173.23

Se observa una disminucin de los valores actuales netos as como el flujo neto financiero y el valor actual financiero.

NCARIO

ctual financiero.

CUOTA
(AMORTIZACIN+INTERS)

SALDO (MONTOAMORTIZACIN)

110,000,000.00
102,500,000.00
95,000,000.00
87,500,000.00
80,000,000.00
72,500,000.00
65,000,000.00
57,500,000.00

350,000,000.00
300,000,000.00
250,000,000.00
200,000,000.00
150,000,000.00
100,000,000.00
50,000,000.00
0.00

4
0

5
0

6
0

7
0

8
0

4
37,500,000
292,500,000
330,000,000
99,000,000

5
30,000,000
292,500,000
322,500,000
96,750,000

6
22,500,000
292,500,000
315,000,000
94,500,000

7
15,000,000
292,500,000
307,500,000
92,250,000

8
7,500,000
292,500,000
300,000,000
90,000,000

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
37,500,000.00
-133,700,000.00
-40,110,000.00
-93,590,000.00

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
30,000,000.00
-126,200,000.00
-37,860,000.00
-88,340,000.00

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
22,500,000.00
-118,700,000.00
-35,610,000.00
-83,090,000.00

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
15,000,000.00
-111,200,000.00
-33,360,000.00
-77,840,000.00

96,200,000.00
45,000,000.00
51,200,000.00
0.00
-96,200,000.00
7,500,000.00
-103,700,000.00
-31,110,000.00
-72,590,000.00

3
-96,200,000.00
0.00
-96,200,000.00

4
-96,200,000.00
0.00
-96,200,000.00

5
-96,200,000.00
0.00
-96,200,000.00

6
-96,200,000.00
0.00
-96,200,000.00

7
-96,200,000.00
0.00
-96,200,000.00

Amortizacin
Monto
Interes anual
Numero de Aos
Aporte propio

400,000,000.00
15.0%
8
600,000,000

80,000.00
80,000.00
24,000.00
56,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

70,000.00
70,000.00
21,000.00
49,000.00

101,250,000.00

99,000,000.00

96,750,000.00

94,500,000.00

92,250,000.00

50,000,000.00
45,000,000.00
6,306,000.00

50,000,000.00
37,500,000.00
11,549,000.00

50,000,000.00
30,000,000.00
16,799,000.00

50,000,000.00
22,500,000.00
22,049,000.00

50,000,000.00
15,000,000.00
27,299,000.00

TASA INTERNA DE RETORNO

TIR
120%
TIR
31%

40%

60%

8
-96,200,000.00
0.00
-96,200,000.00

70,000.00
70,000.00
21,000.00
49,000.00

90,000,000.00
50,000,000.00
7,500,000.00
32,549,000.00

Descripcion
Terreno ( m2)
Maquinarias y Equipos
Buldzer
Camiones Articulados
Captadores
Retroexcavadoras
Excavadoras de cadena
Camiones de Obra
Moto Niveladoras
Vehiculos
Toyota Hilux Diesel
Muebles y Enseres
Gastos Pre-Operativos
Capital de Trabajo
Total

INVERSIN INICIAL
Costo unitario (S/.)
Cantidad
1,200,000.00
45000
1,500,000,000.00
1
200,000,000.00
2
100,000,000.00
2
65,000,000.00
1
80,000,000.00
3
150,000,000.00
1
60,000,000.00
3
135,000,000.00
1
65,000,000.00
800,000,000.00
500,000,000.00
2,126,000,000.00

2
1
1
1

Costos Fijos
Unidad total (S/.)
54,000,000,000.00
400,000,000.00
200,000,000.00
65,000,000.00
240,000,000.00
150,000,000.00
180,000,000.00
135,000,000.00
130,000,000.00
800,000,000.00
500,000,000.00
2,126,000,000.00
58,926,000,000.00

Alquiler Local
Gastos Administrativos
Muebles y enseres
Total
Costos Variables
Recursos Humanos
Agua ($/m3)
Electricidad (Kv)
Mviles
Combustible y Materias Primas
Mano de Obra Directa
Mano de Obra indirecta
Mantenimiento de Maquinarias
Salud y Seguridad de Empleados
Total

os Fijos
20,000,000.00
15,000,000.00
10,000,000.00
45,000,000.00
Variables
15,000,000.00
6,000,000.00
7,200,000.00
6,000,000.00
5,000,000.00
3,000,000.00
4,000,000.00
2,000,000.00
3,000,000.00
51,200,000.00

Maquinarias y Equipos
Buldzer D=10%
Perforadoras D=10%
Captadores D=10%
Retroexcavadoras D=10%
Excavadoras D=10%
Camiones de Obra D=10%
Niveladoras D=10%
Vehiculos
Toyota Diesel D=10%
Muebles y Enseres D=20%
Total

Valor de Compra
1,200,000,000.00
200,000,000.00
30,000,000.00
60,000,000.00
75,000,000.00
145,000,000.00
60,000,000.00
135,000,000.00
60,000,000.00
800,000,000.00

Depreciacin
Unidad
1
2
2
1
3
1
3
1
2
1

cin
T. de Vida (aos)

total ($)

Depreciacion Anual

10
10
10
10
10
10
10

400,000,000.00
60,000,000.00
60,000,000.00
225,000,000.00
145,000,000.00
180,000,000.00
135,000,000.00

40,000,000.00
6,000,000.00
6,000,000.00
22,500,000.00
14,500,000.00
18,000,000.00
13,500,000.00

10
5

120,000,000.00
800,000,000.00

12,000,000.00
160,000,000.00
292,500,000.00