AÑO

0
120,000 166,667 1
100,000 138,889 2
83,333 115,741 3
69,444 96,451 4
298,997 140,657 5
VALOR PRESENTE NETO

0.2 0.2
-600,000 -600,000 AÑO
144,000 200,000 0
144,000 200,000 1
144,000 200,000 2
144,000 200,000 3
744,000 350,000 4
720,000 550,000 5
71,775 58,404 VALOR PRESENTE NETO

-151500000 -151500000
176,471 174,757
144,175 141,389
150,772 146,423
184,769 177,697
172,089 163,896
159,835 150,747
159,834,849 150,747,166
9,322,959 202,076
 FORMULA VALOR MES INGRESOS
N/A -600,000 1 250,000
144.000 / (1 + 0,20)1 120,000 2 250,000
144.000 / (1 + 0,20) 2
100,000 3 250,000
144.000 / (1 + 0,20) 3
83,333 4 250,000
144.000 / (1 + 0,20)4 69,444 5 250,000
744.000 / (1 + 0,20) 5
298,997 6 250,000
VALOR PRESENTE NETO 71,774

FORMULA VALOR MES INGRESOS

N/A -600,000 0
200.000 / (1 + 0,20)1 166,667 1 250,000
200.000 / (1 + 0,20) 2
138,889 2 250,000
200.000 / (1 + 0,20)3 115,741 3 250,000
200.000 / (1 + 0,20) 4
96,451 4 250,000
350.000 / (1 + 0,20) 5
140,657 5 250,000
VALOR PRESENTE NETO 58,405 6 250,000
6 180,000,000
-151500000 -151500000
174,705 174,639 TIR
141,304 141,197
146,291 146,125
177,484 177,215
163,649 163,340 3.1-3 =
150,475 150,134 202.076 + 70.862=
150,475,230 150,133,929
-70,863 -413,422 X = (0.001) (202.076)
272.938
 GASTOS
70,000
100,000
90,000
50,000
60,000
70,000

GASTOS NETO FORMULA Vr. Presente

-151,500,000 -151,500,000 N/A -151,500,000
70,000 180,000 180.000 / (1 + 0,02)1 176,471
100,000 150,000 150.000 / (1 + 0,02) 2
144,175
90,000 160,000 160.000 / (1 + 0,02)3 150,772
50,000 200,000 200.000 / (1 + 0,02) 4
184,769
60,000 190,000 190.000 / (1 + 0,02) 5
172,089
70,000 180,000 180.000 / (1 + 0,02)6 159,835
180,000,000 180.000.000 / (1 + 0,02)6 159,834,849
VALOR PRESENTE NETO 9,322,960
3%
FORMULA Vr. Presente
N/A -151,500,000
180.000 / (1 + 0,031)1 174,705
0.001 150.000 / (1 + 0,031) 2
141,304
272.938 160.000 / (1 + 0,031)3 146,291
200.000 / (1 + 0,031) 4
177,484
0.00074 190.000 / (1 + 0,031) 5
163,649
180.000 / (1 + 0,031)6 150,475
3.07 180.000.000 / (1 + 0,031) 6
150,475,230
VALOR PRESENTE NETO -70,862
 CONCEPTO 0 1 2 3 4
Inversión 1,500,000
Mano de Obra 3,100,000 3,410,000 3,751,000 4,126,100
Mantenimiento 1,600,000 1,600,000 1,600,000 1,600,000
Recuperación
FLUJO NETO 1,500,000 4,700,000 5,010,000 5,351,000 5,726,100
Valor Presente 1,500,000 4,086,957 3,788,280 3,518,369 3,273,916
Tasa de Descuento del 15% Valor Presente Neto 19,070,393

CAE = 5,688,995

CONCEPTO 0 1 2 3 4
Inversión 6,300,000
Mano de Obra 900,000 990,000 1,089,000 1,197,900
Mantenimiento 2,800,000 2,800,000 2,800,000 2,800,000
Recuperación
FLUJO NETO 6,300,000 3,700,000 3,790,000 3,889,000 3,997,900
Valor Presente 6,300,000 3,217,391 2,865,784 2,557,081 2,285,812
Tasa de Descuento del 15% Valor Presente Neto 18,726,394

CAE = 5,586,375
 5

4,538,710
1,600,000
-300,000
5,838,710
2,902,871
19,070,393

1,317,690
2,800,000
-1,100,000
3,017,690
1,500,325
18,726,394
 0 1 2 3
TIO 0.1856
Renta 0.35 69,120,000 88,128,000 93,036,730
IPC 0.02 187,500,000 18,750,000 18,750,000 18,750,000
TACS 0.035 62,500,000

0 1 2 3 4
Unidades Vendidas 1,280 1,600 1,656 1,714
Precio de Venta 54,000 55,080 56,182 57,305

Inversión Inicial -250,000,000

Ingresos Ventas 69,120,000 88,128,000 93,036,730 98,218,875
(-) Costos Directos -27,648,000 -35,251,200 -37,214,692 -39,287,550
(-) Gastos Admón y V -17,280,000 -17,625,600 -18,607,346 -19,643,775
(-) Depreciación -18,750,000 -18,750,000 -18,750,000 -18,750,000
Valor de Salvamento
FLUJO DE CAJA NETO -250,000,000 5,442,000 16,501,200 18,464,692 20,537,550
Valor Presente -250,000,000 4,590,081 11,739,217 11,079,687 10,394,315

Vr Presente Ingresos 0 58,299,595 62,695,668 55,826,431 49,709,820

Vr Presente Costos -250,000,000 -53,709,514 -50,956,450 -44,746,744 -39,315,505

VPN -162,475,111 BAE 100,655,394

TIR -22% CAE 153,271,858
B/C 0.66

MAQUINA A 0 1 2 3 4
Inversión Inicial 1,200,000
Costos Operación 320,000 320,000 320,000 320,000
Salvamento -240,000
Flujo Neto 1,200,000 320,000 320,000 320,000 80,000
Valor Presente 1,200,000 269,906 227,653 192,015 40,489
CAE 725,306

MAQUINA B 0 1 2 3 4
Inversión Inicial 1,800,000
Costos Operación 380,000 380,000 380,000 380,000
Salvamento
Flujo Neto 1,800,000 380,000 380,000 380,000 380,000
Valor Presente 1,800,000 320,513 270,338 228,018 192,323
CAE 864,453
 4 5
93,750,000
98,218,875 103,689,667
18,750,000 18,750,000

5 0 1 2
1,774 Unidades Vendidas 1,280 1,600
58,451 Precio de Venta 64,800 66,096

Inversión Inicial -200,000,000

103,689,667 Ingresos Ventas 82,944,000 105,753,600
-41,475,867 (-) Costos Directos -33,177,600 -42,301,440
-20,737,933 (-) Gastos Admón y V -20,736,000 -21,150,720
-18,750,000 (-) Depreciación -15,000,000 -15,000,000
93,750,000 Valor de Salvamento
116,475,867 FLUJO DE CAJA NETO -200,000,000 14,030,400 27,301,440
49,721,589 Valor Presente -200,000,000 11,834,008 19,422,681

84,283,674 Vr Presente Ingresos 0 69,959,514 75,234,801

-34,562,085 Vr Presente Costos -200,000,000 -58,125,506 -55,812,121

VPN -119,835,137 BAE

TIR -24% CAE
B/C 0.73

5 6

380,000 380,000
-360,000
380,000 20,000
162,216 7,201
 3 4 5
1,656 1,714 1,774
67,418 68,766 70,142

111,644,076 117,862,651 124,427,600

-44,657,630 -47,145,060 -49,771,040
-22,328,815 -23,572,530 -24,885,520
-15,000,000 -15,000,000 -15,000,000
0
29,657,630 32,145,060 34,771,040
17,795,979 16,269,023 14,843,172

66,991,717 59,651,785 53,116,050

-49,195,739 -43,382,761 -38,272,878

105,234,109
144,041,907
Convertir tasa anual a semanal Precio Vta
(1 + 0,14) = (1 + is)52 Costo
(1 + is) = 52√(1 + 0,14) TIO
is = 52√(1 + 0,14) - 1 Costo Agua
is = 0,0025 (0,25%) 0.0025 Costo Calef
Gasto Pers
Gasto Insum

Semana 4 5 6 7 8
Peso (gr) 1,000 1,300 1,600 2,200 2,600
Precio 500 500 500 500 500
Valor pollo 500 650 800 1,100 1,300
VPN 495 642 788 1,081 1,274
BAE 125 129 133 156 161

52/8 = 6.5 Tamaño Gal 5,000

Pollos x m2 14
Cant Pollos 70,000

AÑO 1 2 3 4
Lotes de pollos 6 7 6 7
Cantidad de Pollos 420,000 490,000 420,000 490,000
AÑO 1 2 3 4
Ingresos 546,000,000 637,000,000 546,000,000 637,000,000
(-) Costo Variable -84,000,000 -98,000,000 -84,000,000 -98,000,000
(-) Gastos Fijos -40,000,000 -40,000,000 -40,000,000 -40,000,000
Flujo de Caja de Operación Err:522 Err:522 Err:522 Err:522

Compra de Activos -210,000,000 0 0 0

Flujo de Caja de la Inversión -210,000,000 0 0 0

Crédito Bancario 135,000,000 0 0 0

Aportes de Inversionista 75,000,000 0 0 0
(-) Pago de la Deuda -30,039,477 -30,039,477 -30,039,477 -30,039,477
Flujo de Caja de la Financiación 179,960,523 -30,039,477 -30,039,477 -30,039,477

Flujo de Caja Neto 391,960,523 468,960,523 391,960,523 468,960,523

VPN (años 4, 5, 6) 277,662,277

VPN (Negocio) 694,886,396
 500 Terreno 50,000,000 Crédito Mes
50 Galpón 120,000,000 135,000,000 0
0.14 Equipos 40,000,000 0.18 1
120 K Trabajo 15,000,000 10 2
30 Depreciac 12,000,000 30,039,477 3
30,000,000 Capital 21,000,000 4
10,000,000 Intereses 3,780,000 5
6
7
9 10 11 12 8
2,700 2,750 2,754 2,756 9
500 500 500 500 10
1,350 1,375 1,377 1,378
1,320 1,341 1,340 1,337
149 136 124 113

Estado de Resultados

5 6 AÑO 1 2 3
6 7 Lotes de pollos 6 7 6
420,000 490,000 Cantidad de Pollos 420,000 490,000 420,000
5 6 CONCEPTO / AÑOS 1 2 3
546,000,000 637,000,000 Ingresos 546,000,000 637,000,000 546,000,000
-84,000,000 -98,000,000 (-) Costo Variable 84,000,000 98,000,000 84,000,000
-40,000,000 -40,000,000 Pollos vivos 21,000,000 24,500,000 21,000,000
Err:522 Err:522 Agua y alimento 50,400,000 58,800,000 50,400,000
Calefacción 12,600,000 14,700,000 12,600,000
0 0 Utilidad Bruta 462,000,000 539,000,000 462,000,000
0 0 (-) Gastos Fijos 52,000,000 52,000,000 52,000,000
Gastos de Personal 30,000,000 30,000,000 30,000,000
0 0 Insumos y Varios 10,000,000 10,000,000 10,000,000
0 0 Depreciación 12,000,000 12,000,000 12,000,000
-30,039,477 -30,039,477 Utilidad Operativa 410,000,000 487,000,000 410,000,000
-30,039,477 -30,039,477 Intereses 24,300,000 23,266,894 22,047,829
Utilidad Antes Impuesto 385,700,000 463,733,106 387,952,171
391,960,523 468,960,523 (-) Impuesto de Renta 123,424,000 148,394,594 124,144,695
Utilidad Neta 262,276,000 315,338,512 263,807,476

203,572,013 213,652,106
 Capital Interes Saldo
0 0 135,000,000
5,739,477 24,300,000 129,260,523
6,772,582 23,266,894 122,487,941
7,991,647 22,047,829 114,496,294
9,430,144 20,609,333 105,066,150
11,127,570 18,911,907 93,938,581
13,130,532 16,908,945 80,808,049
15,494,028 14,545,449 65,314,021
18,282,953 11,756,524 47,031,068
21,573,884 8,465,592 25,457,184
25,457,184 4,582,293 0

4 5 6
7 6 7
490,000 420,000 490,000
4 5 6
637,000,000 546,000,000 637,000,000
98,000,000 84,000,000 98,000,000
24,500,000 21,000,000 24,500,000
58,800,000 50,400,000 58,800,000
14,700,000 12,600,000 14,700,000
539,000,000 462,000,000 539,000,000
52,000,000 52,000,000 52,000,000
30,000,000 30,000,000 30,000,000
10,000,000 10,000,000 10,000,000
12,000,000 12,000,000 12,000,000
487,000,000 410,000,000 487,000,000
20,609,333 18,911,907 16,908,945
466,390,667 391,088,093 470,091,055
149,245,013 125,148,190 150,429,138
317,145,654 265,939,903 319,661,918