NOMBRE DEL ALUMNO:

-         SANTOS LUCKIE CESAR ALEJANDRO.

MATERIA: Finanzas para la Ingeniería.

NOMBRE DEL TRABAJO: Unidad 5, Actividad 6. Proyecto Integrador Avance 2

FECHA DE ENTREGA: Abril 2019.

CAMPUS: Toluca.

CARRERA: Ejecutiva Ingeniería Industrial y de Sistemas.

NOMBRE DEL MAESTRO: Mtro. Eurípides Heredia Rodríguez.

 Año

Descripción. Inversión Inicial.

Desarrollo: $ 23,500,000.00 2015
Investigación: $ 12,675,000.00 2016
Capacitación nueva tecnologia: $ 1,625,000.00 2017
Lay Out: $ 8,125,000.00 2018
Total: $ 45,925,000.00 2019
2020
INGRESOS. 2021
Inflación
Año Kilos Incremento $/kg Incremento Venta 2022
Incremento
2016 15,600,000.00 0.00 $ 8.75 0% 0% $ 136,500,000.00 2023

2017 16,458,000.00 0.055 $ 9.14 3.5% 1.0% $ 150,426,120.00 2024

2018 17,363,190.00 0.055 $ 9.65 3.5% 1.0% $ 167,554,783.50 2025
2019 18,318,165.45 0.055 $ 10.27 3.5% 1.0% $ 188,127,559.17 2026
2020 19,325,664.55 0.055 $ 11.04 3.5% 1.0% $ 213,355,336.63 2027
2021 20,388,576.10 0.055 $ 11.98 3.5% 1.0% $ 244,255,141.68 2028
2022 20,694,404.74 0.015 $ 13.12 4.0% 1.0% $ 271,510,590.21 2029
2023 21,004,820.81 0.015 $ 14.50 4.0% 1.0% $ 304,569,901.78 2030
2024 21,319,893.12 0.015 $ 16.17 4.0% 1.0% $ 344,742,671.83
2025 21,639,691.52 0.015 $ 18.19 4.0% 1.0% $ 393,625,988.78
2026 21,964,286.89 0.015 $ 20.64 4.0% 1.0% $ 453,342,881.50
2027 22,293,751.20 0.015 $ 23.64 4.0% 1.0% $ 527,024,278.32
2028 22,628,157.47 0.015 $ 27.30 4.0% 1.0% $ 617,748,698.82
2029 22,967,579.83 0.015 $ 31.80 4.0% 1.0% $ 730,369,038.53
2030 23,312,093.53 0.015 $ 37.05 4.0% 1.0% $ 863,713,065.11
Total: $ 5,606,866,055.85
 EGRESOS. SALARIOS.
Inflació
Kilos $/kg n Incremento Venta Año Inflación Incremento Salario Año
Increm Incremento
ento
0 2015 0% 0% 2015
23,315,000.00 $ 6.85 3.5% 1.05% $ 159,707,750.00 2016 3.5% 0.0% $ 6,500,000.00 2016
23,315,000.00 $ 6.54 3.5% 1.05% $ 152,480,100.00 2017 3.5% 0.0% $ 6,727,500.00 2017
23,315,000.00 $ 6.24 3.5% 1.05% $ 145,485,600.00 2018 3.5% 0.0% $ 6,962,962.50 2018
23,315,000.00 $ 5.96 3.5% 1.05% $ 138,957,400.00 2019 3.5% 0.5% $ 7,241,481.00 2019
23,315,000.00 $ 5.69 3.5% 1.05% $ 132,662,350.00 2020 3.5% 0.5% $ 7,531,140.24 2020
23,315,000.00 $ 5.43 4.0% 1.05% $ 126,600,450.00 2021 4.0% 0.5% $ 7,832,385.85 2021

23,315,000.00 $ 5.18 4.0% 1.05% $ 120,771,700.00 2022 4.0% 0.5% $ 8,145,681.28 2022

23,315,000.00 $ 4.94 4.0% 1.05% $ 115,176,100.00 2023 4.0% 0.5% $ 8,471,508.53 2023

23,315,000.00 $ 4.72 4.0% 1.05% $ 110,046,800.00 2024 4.0% 0.5% $ 8,810,368.87 2024
23,315,000.00 $ 4.51 4.0% 1.05% $ 105,150,650.00 2025 4.0% 0.5% $ 9,162,783.62 2025
23,315,000.00 $ 4.30 4.0% 1.05% $ 100,254,500.00 2026 4.0% 0.5% $ 9,529,294.96 2026
23,315,000.00 $ 4.10 4.0% 1.05% $ 95,591,500.00 2027 4.0% 0.5% $ 9,910,466.76 2027
23,315,000.00 $ 3.91 4.0% 1.05% $ 91,161,650.00 2028 4.0% 0.5% $ 10,306,885.43 2028
23,315,000.00 $ 3.73 4.0% 1.05% $ 86,964,950.00 2029 4.0% 0.5% $ 10,719,160.85 2029
23,315,000.00 $ 3.57 4.0% 1.05% $ 83,234,550.00 2030 4.0% 0.5% $ 11,147,927.28 2030
Total: $ 1,764,246,050.00 Total: $ 128,999,547.17

$ 10,719,160.85
$ 375,170.63
53595.80425
$ 11,147,927.28
 Mantenimiento. Derechos.

Inflación Incremento Salario Año Inflación Salario Prestamo

Incremento Incremento

0% 0% 2015 0% 2015
0.0% 0.0% $ 1,575,000.00 2016 0.0% $ 950,000.00 2016
3.5% 1.75% $ 1,657,687.50 2017 3.5% $ 983,250.00 2017
3.5% 1.75% $ 1,744,716.09 2018 3.5% $ 1,017,663.75 2018
3.5% 1.75% $ 1,836,313.68 2019 3.5% $ 1,053,281.98 2019
3.5% 1.75% $ 1,932,720.15 2020 3.5% $ 1,090,146.85 2020
4.0% 1.75% $ 2,034,187.96 2021 4.0% $ 1,133,752.72 2021
4.0% $ 2,140,982.83 2022 4.0% $ 1,179,102.83 2022
1.75%
4.0% 1.75% $ 2,253,384.43 2023 4.0% $ 1,226,266.95 2023

4.0% 1.75% $ 2,371,687.11 2024 4.0% $ 1,275,317.62 2024

4.0% 1.75% $ 2,496,200.68 2025 4.0% $ 1,326,330.33 2025
4.0% 1.75% $ 2,627,251.22 2026 4.0% $ 1,379,383.54 2026
4.0% 1.75% $ 2,765,181.91 2027 4.0% $ 1,434,558.88
4.0% 1.75% $ 2,910,353.96 2028 4.0% $ 1,491,941.24
4.0% 1.75% $ 3,063,147.54 2029 4.0% $ 1,551,618.89
4.0% 1.75% $ 3,223,962.79 2030 4.0% $ 1,613,683.65
Total: $ 34,632,777.85 Total: $ 18,706,299.24

$ 3,063,147.54
$ 107,210.16
53605.08195
$ 3,223,962.79

Gran Total Egresos: $ 1,946,584,674.26

 AMORTIZACIÓN DEL PRESTAMO. Valor Adquisició

Saldo Intereses 17.25% Mensualidad Abono capital Año

$ 45,925,000.00 2016
$ 45,925,000.00 $ 7,922,062.50 $ 9,947,889.99 $ 2,025,827.49 2017
$ 43,899,172.51 $ 7,572,607.26 $ 9,947,889.99 $ 2,375,282.73 2018
$ 41,523,889.78 $ 7,162,870.99 $ 9,947,889.99 $ 2,785,019.00 2019
$ 38,738,870.77 $ 6,682,455.21 $ 9,947,889.99 $ 3,265,434.78 2020
$ 35,473,435.99 $ 6,119,167.71 $ 9,947,889.99 $ 3,828,722.28 2021
$ 31,644,713.71 $ 5,458,713.12 $ 9,947,889.99 $ 4,489,176.87 2022
$ 27,155,536.84 $ 5,263,559.89
$ 4,684,330.10 $ 9,947,889.99 2023
$ 21,891,976.95 $ 3,776,366.02 $ 9,947,889.99 $ 6,171,523.97 2024

$ 15,720,452.99 $ 2,711,778.14 $ 9,947,889.99 $ 7,236,111.85 2025

$ 8,484,341.14 $ 1,463,548.85 $ 9,947,889.99 $ 8,484,341.14 2026
-$ 0.01 -$ 0.00 2027
$ 53,553,899.89 $ 99,478,899.90 2028
2029
2030

i(1+i)^n
P=
(1+i)^n-1

$ 45,925,000.00 (-0.1725)(1+0.1725)^10 VENTAS

(1+0.1725)^10-1 COSTO DE PRODUCCIO
UTILIDAD BRUTA
$ 45,925,000.00 0.21661155 GASTOS ADMINISTRAC
$ 9,947,885.43 UTILIDAD ANTES DE IM
ISR 35%
UTILIDAD NETA:
 DEPRECIACIÓN DE MAQUINARIA Y EQUIPO
Valor Adquisición: $ 45,925,000.00 % Adquisición: 6.6666666%

Depreciación Depreciación Valor en Libros PERIODO

Acumulada

$ 3,061,666.64 $ 3,061,666.64 $ 42,863,333.36 VENTAS:

$ 3,061,666.64 $ 6,123,333.27 $ 39,801,666.73 (-) COSTO DE VENTAS:
$ 3,061,666.64 $ 9,184,999.91 $ 36,740,000.09 (=) UTILIDAD BRUTA:
$ 3,061,666.64 $ 12,246,666.54 $ 33,678,333.46 (-) GASTOS ADMON Y VTA
$ 3,061,666.64 $ 15,308,333.18 $ 30,616,666.82 (=) UTILIDAD ANTES IMPUESTOS:
$ 3,061,666.64 $ 18,369,999.82 $ 27,555,000.18 (-) IMPUESTOS 35%
$ 3,061,666.64 $ 21,431,666.45 $ 24,493,333.55 (=) UTILIDAD NETA

$ 3,061,666.64 $ 24,493,333.09 $ 21,431,666.91

$ 3,061,666.64 $ 27,554,999.72 $ 18,370,000.28 PERIODO

$ 3,061,666.64 $ 30,616,666.36 $ 15,308,333.64 VENTAS:

$ 3,061,666.64 $ 33,678,333.00 $ 12,246,667.00 (-) COSTO DE VENTAS:
$ 3,061,666.64 $ 36,739,999.63 $ 9,185,000.37 (=) UTILIDAD BRUTA:
$ 3,061,666.64 $ 39,801,666.27 $ 6,123,333.73 (-) GASTOS ADMON Y VTA
$ 3,061,666.64 $ 42,863,332.90 $ 3,061,667.10 (=) UTILIDAD ANTES IMPUESTOS:
$ 3,061,666.64 $ 45,924,999.54 $ 0.46 (-) IMPUESTOS 35%
$ 45,924,999.54 (=) UTILIDAD NETA

PERIODO
UTILIDAD NETA VENTAS:
VENTAS $ 5,606,866,055.85 (-) COSTO DE VENTAS:
COSTO DE PRODUCCION Y VENTAS $ 1,893,245,597.17 (=) UTILIDAD BRUTA:
UTILIDAD BRUTA $ 3,713,620,458.68 (-) GASTOS ADMON Y VTA
GASTOS ADMINISTRACIÓN $ 243,054,293.14 (=) UTILIDAD ANTES IMPUESTOS:
UTILIDAD ANTES DE IMPUESTOS $ 3,470,539,537.38 (-) IMPUESTOS 35%
ISR 35% $ 1,214,688,838.08 (=) UTILIDAD NETA

UTILIDAD NETA: $ 2,255,850,699.30

 ESTADO DE RESULTADOS.
GONZALEZ URRUTIA Y COMPAÑÍA (GUC)

2015 2016 2017 2018 2019 2020 2021 AÑO

$ - $ 136,500,000.00 $ 150,426,120.00 $ 167,554,783.50 $ 188,127,559.17 $ 213,355,336.63 $ 244,255,141.68 2015

$ - $ 166,207,750.00 $ 159,207,600.00 $ 152,448,562.50 $ 146,198,881.00 $ 140,193,490.24 $ 134,432,835.85 2016
$ - $ 29,707,750.00 $ 8,781,480.00 $ 15,106,221.00 $ 41,928,678.17 $ 73,161,846.39 $ 109,822,305.83 2017
$ 45,925,000.00 $ 15,534,556.81 $ 15,650,494.13 $ 15,771,936.47 $ 15,899,152.30 $ 16,032,423.63 $ 16,177,497.32 2018
$ 45,925,000.00 $ 45,242,306.81 $ 24,431,974.13 $ 665,715.47 $ 26,029,525.87 $ 57,129,422.76 $ 93,644,808.51 2019
$ - $ - $ - $ 9,110,334.06 $ 19,995,297.97 $ 32,775,682.98 2020
-$45,925,000.00 -$ 45,242,306.81 -$ 24,431,974.13 -$ 665,715.47 $ 16,919,191.82 $ 37,134,124.79 $ 60,869,125.53 2021

2022

2022 2023 2024 2025 2026 2027 2028 2023

2024
$ 271,510,590.21 $ 304,569,901.78 $ 344,742,671.83 $ 393,625,988.78 $ 453,342,881.50 $ 527,024,278.32 $ 617,748,698.82
$ 128,917,381.28 $ 123,647,608.53 $ 118,857,168.87 $ 114,313,433.62 $ 109,783,794.96 $ 105,501,966.76 $ 101,468,535.43 2025
$ 142,593,208.93 $ 180,922,293.25 $ 225,885,502.96 $ 279,312,555.16 $ 343,559,086.54 $ 421,522,311.56 $ 516,280,163.39 2026
$ 16,329,642.29 $ 16,489,208.01 $ 16,656,561.37 $ 16,832,087.64 $ 7,068,301.40 $ 7,261,407.40 $ 7,463,961.84 2027
$ 126,263,566.64 $ 164,433,085.24 $ 209,228,941.59 $ 262,480,467.52 $ 336,490,785.14 $ 414,260,904.16 $ 508,816,201.55 2028
$ 44,192,248.32 $ 57,551,579.83 $ 73,230,129.56 $ 91,868,163.63 $ 117,771,774.80 $ 144,991,316.46 $ 178,085,670.54 2029
$ 82,071,318.31 $ 106,881,505.41 $ 135,998,812.03 $ 170,612,303.89 $ 218,719,010.34 $ 269,269,587.70 $ 330,730,531.01 2030

2029 2030
$ 730,369,038.53 $ 863,713,065.11
$ 97,684,110.85 $ 94,382,477.28
$ 632,684,927.68 $ 769,330,587.83
$ 7,676,433.07 $ 6,285,629.43
$ 625,008,494.61 $ 763,044,958.40
$ 218,752,973.11 $ 267,065,735.44
$ 406,255,521.49 $ 495,979,222.96
 VALOR PRESENTE NETO (VPN) O VALOR ACTUAL NETO (VAN) Y EL TIR PERIODO DE RECUPERACION DESCONTAD

FLUJO EFECTIVO AÑO FLUJOS FLUJOS A VPN SALDO SALDO A VPN AÑO FLUJOS

-$45,925,000.00 0 -$45,925,000.00 -$ 45,925,000.00 $ 45,925,000.00 $ 45,925,000.00 0 -$45,925,000.00

-$45,242,306.81 1 -$45,242,306.81 -$ 38,586,189.18 $682,693.19 $ 7,338,810.82 1 -$45,242,306.81
-$24,431,974.13 2 -$24,431,974.13 -$ 17,698,558.56 -$23,749,280.94 -$ 10,359,747.74 2 -$24,431,974.13
-$665,715.47 3 -$665,715.47 -$ 461,041.36 -$24,414,996.41 -$ 10,820,789.10 3 -$665,715.47
$ 16,919,191.82 4 $ 16,919,191.82 $ 9,000,478.93 -$7,495,804.59 -$ 1,820,310.17 4 $ 16,919,191.82
$ 37,134,124.79 5 $ 37,134,124.79 $ 16,809,864.98 $29,638,320.20 $ 14,989,554.81 5 $ 37,134,124.79
$ 60,869,125.53 6 $ 60,869,125.53 $ 23,459,084.65 $90,507,445.73 $ 38,448,639.46 6 $ 60,869,125.53

$ 82,071,318.31 7 $ 82,071,318.31 $ 26,945,254.98 $172,578,764.04 $ 65,393,894.44 7 $ 82,071,318.31

$ 106,881,505.41 8 $ 106,881,505.41 $ 29,900,105.93 $279,460,269.45 $ 95,294,000.37 8 $ 106,881,505.41

$ 135,998,812.03 9 $ 135,998,812.03 $ 32,462,910.62 $415,459,081.48 $ 127,756,910.99 9 $ 135,998,812.03
$ 170,612,303.89 10 $ 170,612,303.89 $ 34,752,545.50 $586,071,385.37 $ 162,509,456.49 10 $ 170,612,303.89
$ 218,719,010.34 11 $ 218,719,010.34 $ 37,994,804.30 $804,790,395.71 $ 200,504,260.79 11 $ 218,719,010.34
$ 269,269,587.70 12 $ 269,269,587.70 $ 39,868,705.27 $1,074,059,983.42 $ 240,372,966.06 12 $ 269,269,587.70
$ 330,730,531.01 13 $ 330,730,531.01 $ 41,768,221.88 $1,404,790,514.42 $ 282,141,187.94 13 $ 330,730,531.01
$ 406,255,521.49 14 $ 406,255,521.49 $ 43,765,258.87 $1,811,046,035.92 $ 325,906,446.81 14 $ 406,255,521.49
$ 495,979,222.96 15 $ 495,979,222.96 $ 45,582,759.08 $2,307,025,258.88 $ 371,489,205.89 15 $ 495,979,222.96

TASA VPN
17.50% $ 371,489,205.89 Conclusion: El tiempo de recuperación e
Considero adecuado el nego
TIR TASA DESCUENTO
35.24% MAYOR QUE 17.25%
PERIODO DE RECUPERACION DESCONTADO PRD

SALDO

$ 45,925,000.00
$682,693.19
-$23,749,280.94
-$24,414,996.41
-$7,495,804.59
$29,638,320.20
$90,507,445.73

$172,578,764.04
$279,460,269.45

$415,459,081.48
$586,071,385.37
$804,790,395.71
$1,074,059,983.42
$1,404,790,514.42
$1,811,046,035.92
$2,307,025,258.88

El tiempo de recuperación es de 5 años.

Considero adecuado el negocio ya que es 1/3 del proyecto a 15 años.