EJERCICIO No.

3
Inversion Socail Adicional a un Proyecto minero
Flujo economico resumido
Vida de mina 15
Caso inversion inicial Original
ITEM CONCEPTO Unidad Val. UnitTOTAL -2 -1 1
21 Ingreso por ventas 19462.38 1621.90
22 Regalias /3%) (%Ing.Vtas) 3% -583.87 -48.66
23 Gastos comerciales US$/TM-Conc 13 -271.72 -22.64
28 Costos total de operación -6645.45 -491.10
29 Deprec. Y amortización -5492.00 -870.00
30 Utildad antes Part. Laboral 6741.06 212.14
31 Participacion laboral %UAPL 8% -539.28 -16.97
32 Utilidad antes de Imp. Renta 6201.77 195.172
33 Impuesto a la renta (30%) %UAIR 30% -1860.53 -58.55
34 Utilidad neta 4341.24 136.62
36 Deprec. Amort. Inversión Inicial 4350.00 870.00
37 Deprec. Amort. Reinversion 1142.00
38 Inversion Inicial (40% y 60%) -4350.00 -1740.00 -2610.00
39 Reinversión operativa -1142.00 -35.00
40 Fondos netos disponibles 4341.24 -1740.00 -2610.00 971.62
41 Fondos netos acumulados -1740.00 -4350.00 -3378.38
42 VAN - 10% Mill.US$ S/. 458.95
43 TIRE (%) 12.49%
 2 3 4 5 6 7 8 9 10 11 12
1575.50 1529.20 1482.80 1436.50 1390.20 1343.80 1297.50 1251.20 1204.80 1158.50 1112.10
-47.27 -45.88 -44.48 -43.10 -41.71 -40.31 -38.93 -37.54 -36.14 -34.76 -33.36
-22.00 -21.35 -20.70 -20.06 -19.41 -18.76 -18.11 -17.47 -16.82 -16.17 -15.53
-484.24 -477.37 -470.50 -463.63 -456.77 -449.90 -443.03 -436.16 -429.29 -422.43 -415.56
-905.00 -905.00 -905.00 -905.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00 -28.00
139.00 100.95 62.82 24.78 441.72 823.59 785.55 747.50 709.37 381.32 635.18
-11.12 -8.08 -5.03 -1.98 -35.34 -65.89 -62.84 -59.80 -56.75 -30.51 -50.81
127.875 92.878 57.791 22.793 406.386 757.699 722.701 687.704 652.617 350.810 584.363
-38.36 -27.86 -17.34 -6.84 -121.92 -227.31 -216.81 -206.31 -195.79 -105.24 -175.31
89.51 65.01 40.45 15.96 284.47 530.39 505.89 481.39 456.83 245.57 409.05
870.00 870.00 870.00 870.00
35.00 35.00 35.00 35.00 450.00 30.00 30.00 30.00 30.00 320.00 28.00

-35.00 -35.00 -35.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00 -28.00 -28.00
959.51 935.01 910.45 470.96 704.47 530.39 505.89 481.39 166.83 537.57 409.05
-2418.87 -1483.85 -573.40 -102.44 602.03 1132.42 1638.31 2119.70 2286.53 2824.10 3233.15
 13 14 15
1065.80 1019.50 973.10
-31.97 -30.59 -29.19
-14.88 -14.23 -13.59
-408.69 -401.82 -394.96
-28.00 -28.00 -28.00
597.14 559.10 520.95
-47.77 -44.73 -41.68
549.365 514.367 479.271
-164.81 -154.31 -143.78
384.56 360.06 335.49

28.00 28.00 28.00

-28.00 -28.00 0.00

384.56 360.06 363.49
3617.71 3977.76 4341.25
PROBLEMA N° 03
INVERSION SOCIAL ADICIONAL A UN PROYECTO MINERO
FLUJO ECONOMICO RESUMIDO

CASO DE INVERSION INICIAL ORIGINAL muy efciiente normal muy deficiente

ITEM CONCEPTO Unidad Val. UTOTAL -2 -1 1 2 3 4 5 6 7 8 9 10 11
21 Ingreso por ventas 19462.38 1621.90 1575.50 1529.20 1482.80 1459.65 1436.50 1390.20 1343.80 1297.47 1297.50 1251.20 1204.80 1158.50
22 Regalias /3%) (%Ing.Vtas) 3% -583.87 -48.66 -47.27 -45.88 -44.48 -43.79 -43.10 -41.71 -40.31 -38.92 -38.93 -37.54 -36.14 -34.76
23 Gastos comerciales US$/TM-Conc 13 -271.72 -22.64 -22.00 -21.35 -20.70 -20.06 -20.06 -19.41 -18.76 -18.11 -18.11 -17.47 -16.82 -16.17
28 Costos total de operación -6645.45 -491.10 -484.24 -477.37 -470.50 -463.64 -463.63 -456.77 -449.90 -443.04 -443.03 -436.16 -429.29 -422.43
29 Deprec. Y amortización -5492.00 -870.00 -905.00 -905.00 -905.00 -922.50 -905.00 -450.00 -30.00 -30.00 -30.00 -30.00 -30.00 -320.00
30 Utildad antes Part. Laboral 6741.06 212.14 139.00 100.95 62.82 29.73 24.78 441.72 823.59 785.51 785.55 747.50 709.37 381.32
31 Participacion laboral %UAPL 8% -539.28 -16.97 -11.12 -8.08 -5.03 -2.38 -1.98 -35.34 -65.89 -62.84 -62.84 -59.80 -56.75 -30.51
32 Utilidad antes de Imp. Renta 6201.77 195.172 127.875 92.878 57.791 27.347 22.793 406.386 757.699 722.666 722.701 687.704 652.617 350.810
33 Impuesto a la renta (30%) %UAIR 30% -1860.53 -58.55 -38.36 -27.86 -17.34 -8.20 -6.84 -121.92 -227.31 -216.80 -216.81 -206.31 -195.79 -105.24
34 Utilidad neta 4341.24 136.62 89.51 65.01 40.45 19.14 15.96 284.47 530.39 505.87 505.89 481.39 456.83 245.57
36 Deprec. Amort. Inversión Inicial 4350.00 870.00 870.00 870.00 870.00 870.00
37 Deprec. Amort. Reinversion 1142.00 35.00 35.00 35.00 35.00 450.00 30.00 30.00 30.00 30.00 320.00
38 Inversion Inicial (II + 350 M$) -4350.00 -100.00 -350.00 -1740.0 -2610.00
39 Reinversión operativa -1142.00 -35.00 -35.00 -35.00 -35.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00 -28.00
40 Fondos netos disponibles 4341.24 -100.00 -350.00 -1740.0 -2610.00 971.62 959.51 935.01 910.45 470.96 704.47 530.39 505.89 481.39 166.83 537.57
41 Fondos netos acumulados -100.00 -350.00 -1740.0 -4800.0 -3828.38 -2868.87 ### -1023.40 -552.44 152.03 682.42 1188.31 1669.70 1836.53 2374.10
42 VAN - 10% Mill.US$ S/. -0.87
43 TIRE (%) 9%

1621.90 1575.50 1529.20 1482.80 1436.50 1390.20 1343.80 1297.50 1251.20 1204.80 1158.50
CASO DE INVERSION SOCIAL ADICIONAL 150 1771.9 1725.5 1679.2 1632.8 1586.5 1540.2 1493.8 1447.5 1401.2 1354.8 1308.5

ITEM CONCEPTO Unidad Val. UTOTAL -2 -1 1 2 3 4 5 6 7 8 9 10 11

21 Ingreso por ventas 21712.40 1771.90 1725.50 1679.20 1632.80 1586.50 1540.20 1493.80 1447.50 1401.20 1354.80 1308.50
22 Regalias /3%) (%Ing.Vtas) 3% -651.37 -53.16 -51.77 -50.38 -48.98 -47.60 -46.21 -44.81 -43.43 -42.04 -40.64 -39.26
23 Gastos comerciales US$/TM-Conc 13 -271.72 -22.64 -22.00 -21.35 -20.70 -20.06 -19.41 -18.76 -18.11 -17.47 -16.82 -16.17
28 Costos total de operación -6645.45 -491.10 -484.24 -477.37 -470.50 -463.63 -456.77 -449.90 -443.03 -436.16 -429.29 -422.43
29 Deprec. Y amortización -5492.00 -870.00 -905.00 -905.00 -905.00 -905.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00
30 Utildad antes Part. Laboral 8923.58 357.64 284.50 246.45 208.32 170.28 587.22 969.09 931.05 893.00 854.87 526.82
31 Participacion laboral %UAPL 8% -713.89 -28.61 -22.76 -19.72 -16.67 -13.62 -46.98 -77.53 -74.48 -71.44 -68.39 -42.15
32 Utilidad antes de Imp. Renta 8209.69 329.032 261.735 226.738 191.651 156.653 540.246 891.559 856.561 821.564 786.477 484.670
33 Impuesto a la renta (30%) %UAIR 30% -2462.91 -98.71 -78.52 -68.02 -57.50 -47.00 -162.07 -267.47 -256.97 -246.47 -235.94 -145.40
34 Utilidad neta 5746.78 230.32 183.21 158.72 134.16 109.66 378.17 624.09 599.59 575.09 550.53 339.27
36 Deprec. Amort. Inversión Inicial 4350.00 870.00 870.00 870.00 870.00 870.00
37 Deprec. Amort. Reinversion 1142.00 35.00 35.00 35.00 35.00 450.00 30.00 30.00 30.00 30.00 320.00
38 Inversion Inicial (II + 350 M$) -4800.00 -100.00 -350.00 -1740.0 -2610.00
39 Reinversión operativa -1142.00 -35.00 -35.00 -35.00 -35.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00 -28.00
40 Fondos netos disponibles 4341.24 -100.00 -350.00 -1740.0 -2610.00 1065.32 1053.21 1028.72 1004.16 564.66 798.17 624.09 599.59 575.09 260.53 631.27
41 Fondos netos acumulados -100.00 -350.00 -1740.0 -4800.0 -3734.68 -2681.46 ### -648.59 -83.93 714.24 1338.33 1937.92 2513.02 2773.55 3404.82
42 VAN - 10% Mill.US$ S/. 485.92
43 TIRE (%) 12.64%
FLUJOS DE CADA AÑO
FNA 1065.32 1053.21 1028.72 1004.16 564.66 798.17 624.09 599.59 575.09 260.53 631.27 502.76
FND -3734.7 -2681 -1652.75 -648.59 -83.93 714.24 1338.33 1937.92 2513.02 2773.55 3404.82 3907.58
 12 13 14 15
1112.10 1065.80 1019.50 973.10
-33.36 -31.97 -30.59 -29.19
-15.53 -14.88 -14.23 -13.59
-415.56 -408.69 -401.82 -394.96
-28.00 -28.00 -28.00 -28.00
635.18 597.14 559.10 520.95
-50.81 -47.77 -44.73 -41.68
584.363 549.365 514.367 479.271
-175.31 -164.81 -154.31 -143.78
409.05 384.56 360.06 335.49

28.00 28.00 28.00 28.00

-28.00 -28.00 -28.00 0.00

409.05 384.56 360.06 363.49
2783.15 3167.71 3527.76 3891.25

1112.10 1065.80 1019.50 973.10

1262.1 1215.8 1169.5 1123.1

12 13 14 15
1262.10 1215.80 1169.50 1123.10
-37.86 -36.47 -35.09 -33.69
-15.53 -14.88 -14.23 -13.59
-415.56 -408.69 -401.82 -394.96
-28.00 -28.00 -28.00 -28.00
780.68 742.64 704.60 666.45
-62.45 -59.41 -56.37 -53.32
718.223 683.225 648.227 613.131
-215.47 -204.97 -194.47 -183.94
502.76 478.26 453.76 429.19

28.00 28.00 28.00 28.00

-28.00 -28.00 -28.00 0.00

502.76 478.26 453.76 457.19
3907.58 4385.83 4839.59 5296.78

478.26 453.76 457.19

4385.83 4839.59 5296.78
Caso inversion Social Adicional
150

ITEM CONCEPTO Unidad Val. UnitTOTAL -2 -1

21 Ingreso por ventas 21712.40
22 Regalias /3%) (%Ing.Vtas) 3% -651.37
23 Gastos comerciales US$/TM-Conc 13 -271.72
28 Costos total de operación -6645.45
29 Deprec. Y amortización -5492.00
30 Utildad antes Part. Laboral 8923.58
31 Participacion laboral %UAPL 8% -713.89
32 Utilidad antes de Imp. Renta 8209.69
33 Impuesto a la renta (30%) %UAIR 30% -2462.91
34 Utilidad neta 5746.78
36 Deprec. Amort. Inversión Inicial 4350.00
37 Deprec. Amort. Reinversion 1142.00
38 Inversion Inicial (II + 350 M$) -4800.00 -100.00 -350.00 -1740.00 -2610.00
39 Reinversión operativa -1142.00
40 Fondos netos disponibles 4341.24 -100.00 -350.00 -1740.00 -2610.00
41 Fondos netos acumulados -100.00 -350.00 -1740.00 -4800.00
42 VAN - 10% Mill.US$ S/. 485.92
43 TIRE (%) 12.64%
1621.90 1575.50 1529.20 1482.80 1436.50 1390.20 1343.80 1297.50 1251.20 1204.80 1158.50

1771.9 1725.5 1679.2 1632.8 1586.5 1540.2 1493.8 1447.5 1401.2 1354.8 1308.5

1 2 3 4 5 6 7 8 9 10 11
1771.90 1725.50 1679.20 1632.80 1586.50 1540.20 1493.80 1447.50 1401.20 1354.80 1308.50
-53.16 -51.77 -50.38 -48.98 -47.60 -46.21 -44.81 -43.43 -42.04 -40.64 -39.26
-22.64 -22.00 -21.35 -20.70 -20.06 -19.41 -18.76 -18.11 -17.47 -16.82 -16.17
-491.10 -484.24 -477.37 -470.50 -463.63 -456.77 -449.90 -443.03 -436.16 -429.29 -422.43
-870.00 -905.00 -905.00 -905.00 -905.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00
357.64 284.50 246.45 208.32 170.28 587.22 969.09 931.05 893.00 854.87 526.82
-28.61 -22.76 -19.72 -16.67 -13.62 -46.98 -77.53 -74.48 -71.44 -68.39 -42.15
329.032 261.735 226.738 191.651 156.653 540.246 891.559 856.561 821.564 786.477 484.670
-98.71 -78.52 -68.02 -57.50 -47.00 -162.07 -267.47 -256.97 -246.47 -235.94 -145.40
230.32 183.21 158.72 134.16 109.66 378.17 624.09 599.59 575.09 550.53 339.27
870.00 870.00 870.00 870.00 870.00
35.00 35.00 35.00 35.00 450.00 30.00 30.00 30.00 30.00 320.00

-35.00 -35.00 -35.00 -35.00 -450.00 -30.00 -30.00 -30.00 -30.00 -320.00 -28.00
1065.32 1053.21 1028.72 1004.16 564.66 798.17 624.09 599.59 575.09 260.53 631.27
-3734.68 -2681.46 -1652.75 -648.59 -83.93 714.24 1338.33 1937.92 2513.02 2773.55 3404.82
1112.10 1065.80 1019.50 973.10

1262.1 1215.8 1169.5 1123.1

12 13 14 15
1262.10 1215.80 1169.50 1123.10
-37.86 -36.47 -35.09 -33.69
-15.53 -14.88 -14.23 -13.59
-415.56 -408.69 -401.82 -394.96
-28.00 -28.00 -28.00 -28.00
780.68 742.64 704.60 666.45
-62.45 -59.41 -56.37 -53.32
718.223 683.225 648.227 613.131
-215.47 -204.97 -194.47 -183.94
502.76 478.26 453.76 429.19

28.00 28.00 28.00 28.00

-28.00 -28.00 -28.00 0.00

502.76 478.26 453.76 457.19
3907.58 4385.83 4839.59 5296.78