EXPORTACION DE ARANDANOS FRESCOS

IMPORTADOR - DISTRIBUIDOR:
Tasa de
PRIMER PEDIDO DE PRODUCCIÓN: 122400 envases Cambio S/. 3.2

12 envases en
CAJAS: 10200
cada caja

PESO NETO: 15300 kilogramos

PESO BRUTO: kilogramos

*COSTOS VARIABLES
MATERIA PRIMA

COSTO UNIDAD DE
DESIGNACIÓN CANTIDAD TOTAL S/. TOTAL $
UNITARIO MEDIDA

1 kilogramo de arádanos frescos S/. 21.19 KILOGRAMOS 15300.00 S/. 324,207 $101,315

Envases y Etiquetados c/u de

arádanos frescos S/. 0.45 UNID 122400 S/. 55,080 $17,213

Cajas de exportación c/u de

S/. 0.70 UNID 10200 S/. 7,140 $2,231
arádanos frescos

TOTAL S/. 386,427 $120,758

TOTAL CON IGV S/. 455,984 $142,495

https://expansion.mx/manufactura/2010/07/26/convierte-los-costos-fijos-en-variables

MANO DE OBRA TERCIARIZADA "PACKING"

DESIGNACIÓN COSTO CANTIDAD TOTAL S/ TOTAL $

UNITARIO
Mano de obra por caja de arádanos frescos (12
CRUNSHEL POR CAJA) S/. 1.57 10200 S/. 15,994 $4,998

*COSTOS FIJOS
GASTOS INDIRECTOS DE FABRICACIÓN

DESIGNACIÓN COSTO TOTAL S./ TOTAL $

COMBUSTIBLE S/. 390.00 S/. 390.00 $122

MANIPULEO S/. 250.00 S/. 250.00 $78
TOTAL SIN IGV S/. 640 $200
TOTAL CON IGV S/. 755 $244
 GASTOS ADMINISTRATIVOS MENSUALES (FIJOS)
DESIGNACIÓN TOTAL S/. TOTAL $
Remuneración S/. 5,700 $1,781
Energía Electrica S/. 120 $38
Servicio de Agua S/. 100 $31
Telefonía + Internet S/. 120 $38
Suministros de Limpieza S/. 50 $16
Suministro de Oficina S/. 70 $22
Alquiler de Local S/. 1,900 $594
TOTAL S/. 8,060 $2,519

GASTOS DE VENTAS
DESIGNACIÓN TOTAL S/. TOTAL $

Embalaje de las cajas del arándano S/. 110 $34

G. Exportación S/. 1,054 $329

TOTAL SIN IGV S/. 1,164 $364
TOTAL CON IGV S/. 1,183.59 $369.87

GASTOS DE EXPORTACIÓN PARA UN EMBARQUE

PRECIO S/.
PRECIO SIN IGV $
SIN IGV

Envio de docuementos DHL S/. 89.53 $27.98

Handling S/. 82.65 $25.83

Manipuleo S/. 82.65 $25.83
Visto Bueno S/. 96.43 $30.13
Aforo Fisico S/. 82.65 $25.83
Transporte Interno S/. 237.75 $74.30
Deposito Temporal S/. 206.63 $64.57
Agencia de Aduana S/. 275.51 $86.10

TOTAL S/. 1,153.80 $360.56

*FLETE MARITIMO
FLETE MARÍTIMO
SHANGHAI
CHINA (PUERTO DE SHANGHAI) 20' STD
THC 45
SEA 5200
THD 310
TOTAL $5,555.00
*PLANILLA
RMV SNP/ ONP PRIMA HORIZONTE INTEGRA
S/. 850 APORTE OBLIGATORIO 13% 10.00% 10.00% 10.00%
A. Familiar COMISIÓN % SOBRE R.A. 1.60% 1.85% 1.55%
10% PRIMA SEGURO 1.23% 1.38% 1.23%

PLANILLA DE REM

INGRESOS DEL TRABAJADOR

TOTAL
CÓDIGO CARGO U OCUPACIÓN ASIGNACIÓN FAMILIAR ASIGNACIÓN REMUNERACI
SUELDO BÁSICO OTRO ÓN BRUTA
FAMILIAR

01 Espec. Comercio Exterior NO S/. 1,500.00 - S/. 1,500.00

02 Administrador NO S/. 1,200.00 - S/. 1,200.00
03 Gerente Comercial NO S/. 1,200.00 - S/. 1,200.00
04 Control de calidad NO S/. 900.00 - S/. 900.00
05 Contabilidad NO S/. 900.00 - S/. 900.00
TOTALES S/. S/. 5,700.00 S/. 5,700.00

REMUNERACIÓN ANUAL DEL 2018

CÓDIGO CARGO U OCUPACIÓN SUELDO BÁSICO SUELDO ANUAL ESSALUD 9% GRATIFICACIÓN CTS
(Jul/Dic) (May/Nov)

01 Espec. Comercio Exterior S/. 1,500.00 S/. 18,000.00 S/. 1,620.00 S/. 3,270.00 S/. 1,500.00
02 Administrador S/. 1,200.00 S/. 14,400.00 S/. 1,296.00 S/. 2,616.00 S/. 1,200.00
03 Gerente Comercial S/. 1,200.00 S/. 14,400.00 S/. 1,296.00 S/. 2,616.00 S/. 1,200.00
04 Control de calidad S/. 900.00 S/. 10,800.00 S/. 972.00 S/. 1,962.00 S/. 900.00
05 Contabilidad (terciarizada) S/. 900.00 S/. 10,800.00 S/. 972.00 S/. 1,962.00 S/. 900.00
TOTALES S/. S/. 68,400.00 S/. 6,156.00 S/. 12,426.00 S/. 5,700.00
PROFUTURO ESSALUD CTS Gratificación
10.00% 9.00% 50% Sueldo
9.00%
1.84% completo +

1.41%

PLANILLA DE REMUNERACIONES MENSUAL

RETENCIONES A CARGO DEL TRABAJADOR

SISTEMA PRIVADO DE PENSIONES - AFP REMUNERACIÓN
SNP / ONP TOTAL DSCTO NETA
AFP Aporte Comisión % Prima de Otros dsctos
obligatorio sobre R.A. seguro
NO - PRIMA S/. 150.00 S/. 24.00 S/. 18.45 - S/. 192.45 S/. 1,307.55
NO - PRIMA S/. 120.00 S/. 19.20 S/. 14.76 - S/. 153.96 S/. 1,046.04
NO - PRIMA S/. 120.00 S/. 19.20 S/. 14.76 - S/. 153.96 S/. 1,046.04
NO - HORIZONTE S/. 90.00 S/. 16.65 S/. 12.42 - S/. 119.07 S/. 780.93
NO - PRIMA S/. 90.00 S/. 14.40 S/. 11.07 S/. 115.47 S/. 784.53
S/. 570.00 S/. 93.45 S/. 71.46 S/. 734.91 S/. 4,965.09

TOTAL ANUAL

S/. 24,390.00
S/. 19,512.00
S/. 19,512.00
S/. 14,634.00
S/. 14,634.00
S/. 92,682.00
 APORTACIONES DEL EMPLEADOR

ESSALUD GRATIFICACIÓN CTS (May/Nov) TOTAL APORTES

(Jul/Dic)

S/. 135.00 S/. 1,635.00 S/. 750.00 S/. 2,520.00

S/. 108.00 S/. 1,308.00 S/. 600.00 S/. 2,016.00
S/. 108.00 S/. 1,308.00 S/. 600.00 S/. 2,016.00
S/. 81.00 S/. 981.00 S/. 450.00 S/. 1,512.00
S/. 81.00 S/. 981.00 S/. 450.00 S/. 1,512.00
S/. 513.00 S/. 6,213.00 S/. 2,850.00 S/. 9,576.00
 INVERSIÓN EN ACTIVOS TANGIBLES

Acondicionamiento del local

La inversión en edificios incluye las estructuras, instalaciones electricas y sanitarias.
*No incluyen IGV

PRECIO POR
DESCRIPCIÓN ÁREA M2 SUB-TOTAL
M2
Acondicionamiento del local 70 S/. 10.64 S/. 745.00
TOTAL S/. 745.00
TOTAL CON
ACTIVO FIJO TANGIBLE CANTIDAD PRECIO S/. IGV
a.Equipo de procesamiento de datos:
PRECIO SUB-TOTAL
DESCRIPCIÓN CANTIDAD SUB-TOTAL S/.
UNITARIOS/. CON IGV
Computadora Pc (Wilson) 5 S/. 1,800 S/. 9,000 S/. 10,620
Impresora/Fotocopiadora 1 S/. 1,500 S/. 1,500 S/. 1,770
TOTAL S/. 10,500.00 S/. 12,390.00
b.Muebles y enseres:
PRECIO SUB-TOTAL
DESCRIPCIÓN CANTIDAD SUB-TOTAL S/.
UNITARIOS/. CON IGV
Librero estante de madera 2 S/. 170 S/. 340 S/. 401
Escritorio p/ computadora 5 S/. 300 S/. 1,500 S/. 1,770
Equipos de telefonía 5 S/. 76 S/. 380 S/. 448
Silla ejecutiva giratoria 5 S/. 100 S/. 500 S/. 590
Archivador de metal 1 S/. 320 S/. 320 S/. 378
Tacho de basura cromado 5 S/. 41 S/. 205 S/. 242
chico
TOTAL S/. 3,245.00 S/. 3,829.10
c.Otros:
PRECIO
DESCRIPCIÓN CANTIDAD SUB-TOTAL S/. SUB-TOTAL
UNITARIOS/. CON IGV
Iluminación de interior 1 S/. 130 S/. 130 S/. 153
TOTAL S/. 130.00 S/. 153.40

TOTAL INVERSIÓN FIJA TANGIBLE S/. 17,117.50

 INVERSIÓN EN ACTIVOS INTANGIBLES

* No incluyen IGV. Trámites de licencia y defensa civil no está afecto al IGV.

DESCRIPCIÓN S/.
Certificado de busqueda mercantil S/. 4.00
Reserva de nombre en SUNARP S/. 18.00
Elaboración de minuta S/. 200.00
Elevar la minuta a escritura pública S/. 150.00
Elevar la escritura pública en la SUNARP S/. 90.00
Inscripción de RUC S/. 0.00
Licencia de funcionamiento S/. 550.40
Talonario de facturas S/. 150.00
Talonario de boletas S/. 70.00
Diseño de pagina web S/. 175.00
TOTAL S/. 1,407.40

TOTAL INVERSIÓN FIJA INTANGIBLE S/. 1,407.40

TC: S/. 3.20

MÉTODO DEL DÉFICIT ACUMULADO MÁXIMO

INGRESOS ENER FEB MAR ABR MAY JUN

Volumen de ventas
precio
INGRESOS - Pago a 30 días S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00
EGRESOS
Materia Prima
Mano de Obra Directa
Costos Indirectos de
Fabricación
Gastos Administrativos
Salarios
Energía Electrica
Servicio de Agua
Telefonía + Internet
Alquiler de Oficina
Gastos de Ventas
TOTAL EGRESO S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00
SALDO MENSUAL S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00

SALDO ACUMALADO S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00 S/. 0.00
ACUMULADO MÁXIMO

JUL AGO SEP OCT NOV DIC

122400 122400 122400 122400 122400

S/. 38.40 S/. 38.40 S/. 38.40 S/. 38.40 S/. 38.40
S/. 0.00 S/. 0.00 S/. 4,700,160.00 S/. 4,700,160.00 S/. 4,700,160.00 S/. 4,700,160.00

S/. 455,983.86 S/. 455,983.86 S/. 455,983.86 S/. 455,983.86 S/. 455,983.86
S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60

S/. 755.20 S/. 755.20 S/. 755.20 S/. 755.20 S/. 755.20
S/. 8,453.00 S/. 8,453.00 S/. 8,453.00 S/. 8,453.00 S/. 8,453.00
S/. 6,213.00 S/. 6,213.00 S/. 6,213.00 S/. 6,213.00 S/. 6,213.00
S/. 120.00 S/. 120.00 S/. 120.00 S/. 120.00 S/. 120.00
S/. 100.00 S/. 100.00 S/. 100.00 S/. 100.00 S/. 100.00
S/. 120.00 S/. 120.00 S/. 120.00 S/. 120.00 S/. 120.00
S/. 1,900.00 S/. 1,900.00 S/. 1,900.00 S/. 1,900.00 S/. 1,900.00
S/. 1,183.59 S/. 1,183.59 S/. 1,183.59 S/. 1,183.59 S/. 1,183.59
S/. 0.00 S/. 482,369.25 S/. 482,369.25 S/. 482,369.25 S/. 482,369.25 S/. 482,369.25
S/. 0.00 S/. 482,369.25 S/. 4,217,790.75 S/. 4,217,790.75 S/. 4,217,790.75 S/. 4,217,790.75

S/. 0.00 -S/. 482,369.25 S/. 3,735,421.50 S/. 7,953,212.24 S/. 12,171,002.99 S/. 16,388,793.74
 CUADRO RESUMEN

INVERSIÓN FIJA
(Expresado en nuevos soles)
SIN IGV CON IGV
1. INVERSIÓN FIJA TANGIBLE S/. 14,620.00 S/. 17,022.50
Equipo procesamiento de datos S/. 10,500.00 S/. 12,390.00
Muebles y enseres S/. 3,245.00 S/. 3,829.10
Acondicionamiento del local S/. 745.00 S/. 650.00
Otros S/. 130.00 S/. 153.40
2. INVERSIÓN FIJA INTANGIBLE S/. 1,154.07 S/. 1,407.40
Constitución de la empresa S/. 378.84 S/. 462.00
Licencia de funcionamiento S/. 451.33 S/. 550.40
Talonario de facturas S/. 123.00 S/. 150.00
Talonario de boletas S/. 57.40 S/. 70.00
Diseño de pagina web S/. 143.50 S/. 175.00

TOTAL INVERSIÓN TANGIBLE E S/. 15,774.07 S/. 18,429.90

INTANGIBLE

IGV S/. 2,655.83

3. CAPITAL DE TRABAJO S/. 482,369.25

Existencias S/. 455,983.86 materia prima
Disponible S/. 24,485.39 mano de obra directa, costos indirectos de
Exigible S/. 1,900.00 alquiler de oficina

TOTAL INVERSIÓN INICIAL S/. 500,799.15

recta, costos indirectos de fabricacion, salarios, energia electrica y servicios de agua, telefonia-intenet, gastos de ventas
*PUNTO DE EQUILIBRIO

CONCEPTO COSTO FIJO

COSTO DE PRODUCTO
MATERIA PRIMA
MANO DE OBRA DIRECTA
COSTOS INDIRECTOS DE FABRICACION S/. 640.00
DEPRECIACION S/. 2,962.50
GASTOS GENERALES Y ADMINISTRATIVIOS
SALARIOS S/. 6,213.00
GASTOS DE SERVICIOS Y OTROS S/. 340.00
ALQUILER S/. 1,900.00
COSTOS DE DISTRIBUCION Y VENTAS / GASTOS VENTAS
EMBALAJE
PROMOCIONES Y/O MATERIAL PUBLICITARIO S/. 4,800.00
GASTOS DE EXPORTACION S/. 1,153.80
GASTOS FINANCIEROS S/. 74,607.52
COSTO TOTAL
UTILIDAD 30%
FOB

PUNTO DE EQUILIBRIO 17608.09

COSTO VARIABLE UNITARIO S/. 3.29
COSTO FIJO S/. 92,616.82
PRECIO VENTA UNITARIO S/. 5.26
CF / Pv-Cv = Punto de Equilibrio
 TC 3.2
PRIMER
PEDIDO DE 122400
COSTO VARIABLE TOTAL S/. TOTAL USD PRODUCCIÓN:

CAJAS: 10200
S/. 406,023.10 USD 126,882.22
S/. 386,427.00 PESO NETO: 15300
S/. 15,993.60

S/. 8,453.00 USD 2,641.56

S/. 4,910.00 USD 1,534.38

S/. 110.00

S/. 1,153.80 USD 360.56

S/. 74,607.52 USD 23,314.85
S/. 495,147.42 USD 131,418.72
S/. 148,544.23 USD 46,420.07
S/. 643,691.64 USD 177,838.79

USD 1.64
 envases

12 envases en
cada caja
kilogramos
 DEPRECIACIÓN
(Expresado en nuevos soles)
Monto Tasa 2017 2018 2019 2020 2021 2022
INVERSIÓN FIJA TANGIBLE
Equipo de computo S/. 10,500 25% S/. 2,625 S/. 2,625 S/. 2,625 S/. 2,625 S/. 2,625 S/. 2,625
Muebles y enseres S/. 3,245 10% S/. 325 S/. 325 S/. 325 S/. 325 S/. 325 S/. 325
Otros S/. 130 10% S/. 13 S/. 13 S/. 13 S/. 13 S/. 13 S/. 13
TOTAL S/. 13,875.00 S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963

AMORTIZACION
(Expresado en nuevos soles)
INVERSIÓN FIJA INTANGIBLE
Varios S/. 1,407 10% S/. 141 S/. 141 S/. 141 S/. 141 S/. 141
TOTAL S/. 1,407 S/. 141 S/. 141 S/. 141 S/. 141 S/. 141

AÑOS 2018 2019 2020 2021 2022

MONEDA S/. S/. S/. S/. S/.
Inversion Inicial S/. 13,875 S/. 10,913 S/. 7,950 S/. 4,988 S/. 12,525
Compra de Activos S/. 10,500
Depreciacion S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963
INVERSION NETA S/. 10,913 S/. 7,950 S/. 4,988 S/. 12,525 S/. 9,563
 RESUMEN INVERSIÓN INICIAL DETALLES
MONTO S/. % APORTE DE SOCIOS
INVERSIÓN FIJA TANGIBLE S/. 17,117.50 3% CRÉDITO
INVERSIÓN FIJA INTANGIBLE S/. 1,407.40 0% TOTAL INVERSIÓN
CAPITAL DE TRABAJO S/. 482,369.25 96%
TOTAL S/. 500,894.15 100%

INVERSIÓN INICIAL PARTICIPACIÓN INVERSI

3% 0% INVERSIÓN FIJA
TANGIBLE 30%
INVERSIÓN FIJA
INTANGIBLE
70%
CAPITAL DE
TRABAJO

96% APORTE DE SOCIOS CRÉDITO

 MONTO S/. %
S/. 150,268.25 30%
S/. 350,625.91 70%
S/. 500,894.15 100%

PARTICIPACIÓN INVERSIÓN TOTAL

30%

70%

APORTE DE SOCIOS CRÉDITO

 ESTRUCTURA DE FINANCIAMIENTO
Expresado en nuevos soles
DETALLES SUB-TOTAL TOTAL
APORTES DE SOCIOS S/. 150,268.25
TOTAL INVERSIÓN FIJA TANGIBLE S/. 17,117.50
S/. 18,524.90
TOTAL INVERSIÓN FIJA INTANGIBLE S/. 1,407.40
RESERVA PARA CAPITAL S/. 131,743.35
CRÉDITO S/. 350,625.91
CAPITAL DE TRABAJO S/. 482,369.25
RESERVA PARA CAPITAL S/. 131,743.35

APORTE DE SOCIOS
Shirley Garcia
Huaraca
33% 33% Julio César Nima
Juarez
Jorman Rios
Torres

33%
 APORTE DE SOCIOS
Expresado en nuevos soles
SOCIOS MONTO S/. PARTICIPACIÓN %
Shirley Garcia Huaraca S/. 50,084.41 33.33%
Julio César Nima Juarez S/. 50,084.41 33.33%
Jorman Rios Torres S/. 50,099.43 33.34%
TOTAL S/. 150,268.25 100%

OCIOS
Shirley Garcia
Huaraca
Julio César Nima
Juarez
Jorman Rios
Torres
 Monto Participación %
TOTAL S/. 500,799.15 100%
INVERSIÓN
PATRIMONIO S/. 150,268.25 30%
DEUDA S/. 350,530.91 70%

AMORTIZACIÓN DE LA DEUDA DATOS DE AMORTIZACIÓN

(Expresado en nuevos soles) Deuda S/. 350,530.91

Periodo Saldo Deuda Intereses + Seguro Principal Cuota

Periodo 36
0 S/. 350,530.91 TEM 2.00%
1 S/. 343,789.20 S/. 7,010.62 S/. 6,741.71 S/. 13,752.33 TEA 28.00%
2 S/. 336,912.65 S/. 6,875.78 S/. 6,876.54 S/. 13,752.33
3 S/. 329,898.58 S/. 6,738.25 S/. 7,014.07 S/. 13,752.33
4 S/. 322,744.22 S/. 6,597.97 S/. 7,154.36 S/. 13,752.33 RESUMEN
5 S/. 315,446.78 S/. 6,454.88 S/. 7,297.44 S/. 13,752.33 Primer Año
6 S/. 308,003.39 S/. 6,308.94 S/. 7,443.39 S/. 13,752.33 Principal
7 S/. 300,411.13 S/. 6,160.07 S/. 7,592.26 S/. 13,752.33 Intereses
8 S/. 292,667.02 S/. 6,008.22 S/. 7,744.10 S/. 13,752.33
9 S/. 284,768.04 S/. 5,853.34 S/. 7,898.99 S/. 13,752.33 Segundo Año
10 S/. 276,711.07 S/. 5,695.36 S/. 8,056.97 S/. 13,752.33 Principal
11 S/. 268,492.97 S/. 5,534.22 S/. 8,218.11 S/. 13,752.33 Intereses
12 S/. 260,110.50 S/. 5,369.86 S/. 8,382.47 S/. 13,752.33
13 S/. 251,560.38 S/. 5,202.21 S/. 8,550.12 S/. 13,752.33 Tercer Año
14 S/. 242,839.26 S/. 5,031.21 S/. 8,721.12 S/. 13,752.33 Principal
15 S/. 233,943.72 S/. 4,856.79 S/. 8,895.54 S/. 13,752.33 Intereses
16 S/. 224,870.26 S/. 4,678.87 S/. 9,073.45 S/. 13,752.33
17 S/. 215,615.34 S/. 4,497.41 S/. 9,254.92 S/. 13,752.33
18 S/. 206,175.32 S/. 4,312.31 S/. 9,440.02 S/. 13,752.33
19 S/. 196,546.50 S/. 4,123.51 S/. 9,628.82 S/. 13,752.33
20 S/. 186,725.10 S/. 3,930.93 S/. 9,821.40 S/. 13,752.33
21 S/. 176,707.28 S/. 3,734.50 S/. 10,017.83 S/. 13,752.33
22 S/. 166,489.10 S/. 3,534.15 S/. 10,218.18 S/. 13,752.33
23 S/. 156,066.55 S/. 3,329.78 S/. 10,422.55 S/. 13,752.33
24 S/. 145,435.55 S/. 3,121.33 S/. 10,631.00 S/. 13,752.33
25 S/. 134,591.94 S/. 2,908.71 S/. 10,843.62 S/. 13,752.33
26 S/. 123,531.45 S/. 2,691.84 S/. 11,060.49 S/. 13,752.33
27 S/. 112,249.75 S/. 2,470.63 S/. 11,281.70 S/. 13,752.33
28 S/. 100,742.42 S/. 2,245.00 S/. 11,507.33 S/. 13,752.33
29 S/. 89,004.94 S/. 2,014.85 S/. 11,737.48 S/. 13,752.33
30 S/. 77,032.71 S/. 1,780.10 S/. 11,972.23 S/. 13,752.33
31 S/. 64,821.04 S/. 1,540.65 S/. 12,211.67 S/. 13,752.33
32 S/. 52,365.13 S/. 1,296.42 S/. 12,455.91 S/. 13,752.33
33 S/. 39,660.11 S/. 1,047.30 S/. 12,705.02 S/. 13,752.33
34 S/. 26,700.98 S/. 793.20 S/. 12,959.13 S/. 13,752.33
35 S/. 13,482.67 S/. 534.02 S/. 13,218.31 S/. 13,752.33
36 S/. 0.00 S/. 269.65 S/. 13,482.67 S/. 13,752.33
Total S/. 144,552.88 S/. 350,530.91 S/. 495,083.79
 SCOTIABANK BCP FINANCIERO

TEA: 28% TEA: 31.35% TEA: 29.74%

TEM: 2% TEM: 2% TEM: 2%
Tiempo: 36meses Tiempo: 36meses Tiempo: 36meses
Capital de trabajo Capital de trabajo Capital de trabajo
AMORTIZACIÓN

S/. 350,530.91

Meses
2.00%
28.00%

SUMEN

S/. 90,420.41
S/. 74,607.52

S/. 114,674.94
S/. 50,352.99

S/. 145,435.55
S/. 19,592.37
Tasa de Cambio: 3.2

PROYECCIÓN DE VENTAS 2018

PRODUCTO ENER FEB MAR ABR MAY JUN JUL AGO

Arándanos frescos en
122400
conserva

PROYECCIÓN DE VENTAS 2019

PRODUCTO ENER FEB MAR ABR MAY JUN JUL AGO
Arándanos frescos en
conserva 122400

PROYECCIÓN DE VENTAS 2020

PRODUCTO ENER FEB MAR ABR MAY JUN JUL AGO
Arándanos frescos en
conserva 122400

PROYECCIÓN DE VENTAS 2021

PRODUCTO ENER FEB MAR ABR MAY JUN JUL AGO
Arándanos frescos en
244800
conserva

PROYECCIÓN DE VENTAS 2022

PRODUCTO ENER FEB MAR ABR MAY JUN JUL AGO
Arándanos frescos en
244800
conserva

PROYECCIÓN DE VENTAS DE 2018 AL 2022

AÑOS 2016 2017 2018 2019 2020
Envases Unidad Unidad Unidad Unidad Unidad
TOTAL 612000 612000 612000 1224000 1224000
SEP OCT NOV DIC

122400 122400 122400 122400

SEP OCT NOV DIC

122400 122400 122400 122400

SEP OCT NOV DIC

122400 122400 122400 122400

SEP OCT NOV DIC

244800 244800 244800 244800

SEP OCT NOV DIC

244800 244800 244800 244800

Tasa de Cambio: 3.2

PRESUPUESTO DE VENTA DEL PRODUCTO

PRODUCTO AÑO 2018 AÑO 2019 AÑO 2020 AÑO 2021 AÑO 2022

Volumen Proyectado
612000 612000 612000 1224000 1224000
arándanos frescos

Precio de venta unitario $1.64 $1.64 $1.64 $1.64 $1.64

INGRESO POR VENTAS USD $1,003,680.00 $1,003,680.00 $1,003,680.00 $2,007,360.00 $2,007,360.00
INGRESO POR VENTAS S/. S/. 3,211,776.00 S/. 3,211,776.00 S/. 3,211,776.00 S/. 6,423,552.00 S/. 6,423,552.00
 PRESUPUESTO DE PRODUCCIÓN

PROYECCIÓN DE VENTAS AÑO AÑO AÑO AÑO

2018 2019 2020 2021

VENTAS ESTIMADAS 612000 612000 612000 1224000

INVENTARIO FINAL 0 0 0 0
EXIGENCIA PROD. 612000 612000 612000 1224000
INVENTARIO INICIAL 0 0 0 0
UNIDADES DE PRODUCCIÓN 612000 612000 612000 1224000
AÑO
2022
1224000
0
1224000
0
1224000
IGV 18%

PRESUPUESTO DE MATERIAS PRIMAS

AÑO AÑO AÑO AÑO

2018 2019 2020 AÑO 2021 2022

Arándanos S/. 1,621,035.00 S/. 1,621,035.00 S/. 1,621,035.00 S/. 3,242,070.00 S/. 3,242,070.00
frescos (1 kg)

Envase y
etiquetado S/. 275,400.00 S/. 275,400.00 S/. 275,400.00 S/. 550,800.00 S/. 550,800.00

Caja de S/. 35,700.00 S/. 35,700.00 S/. 35,700.00 S/. 71,400.00 S/. 71,400.00
exportación

S/. 1,932,135.00 S/. 1,932,135.00 S/. 1,932,135.00 S/. 3,864,270.00 S/. 3,864,270.00
TOTAL

TOTAL CON IGV S/. 2,279,919.30 S/. 2,279,919.30 S/. 2,279,919.30 S/. 4,559,838.60 S/. 4,559,838.60

PRESUPUESTO MATERIA PRIMA 2018

PRECIO UNITARIO ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV

Arándanos
S/. 21.19 15300.00 15300.00 15300.00 15300.00
frescos (1 kg)

Envase y S/. 0.45 122400 122400 122400 122400

etiquetado
Caja de S/. 0.70 10200 10200 10200 10200
exportación

PRESUPUESTO MATERIA PRIMA 2019

PRECIO UNITARIO ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Arándanos S/. 21.19 15300.00 15300.00 15300.00 15300.00
frescos (1 kg)
Envase y
etiquetado S/. 0.45 122400 122400 122400 122400

Caja de S/. 0.70 10200 10200 10200 10200

exportación

PRESUPUESTO MATERIA PRIMA 2020

PRECIO UNITARIO ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV

Arándanos S/. 21.19 15300.00 15300.00 15300.00 15300.00

frescos (1 kg)

Envase y S/. 0.45 122400 122400 122400 122400

etiquetado
Caja de S/. 0.70 10200 10200 10200 10200
exportación

PRESUPUESTO MATERIA PRIMA 2021

PRECIO UNITARIO ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV

Arándanos
frescos (1 kg) S/. 21.19 30600.00 30600.00 30600.00 30600.00

Envase y S/. 0.45 244800 244800 244800 244800

etiquetado
Caja de S/. 0.70 20400 20400 20400 20400
exportación

PRESUPUESTO MATERIA PRIMA 2022

PRECIO UNITARIO ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV

Arándanos
S/. 21.19 30600.00 30600.00 30600.00 30600.00
frescos (1 kg)

Envase y S/. 0.45 244800 244800 244800 244800

etiquetado
Caja de S/. 0.70 20400 20400 20400 20400
exportación
 CANTIDA
DIC TOTAL PRECIO TOTAL

15300.00 76500.00 S/. 1,621,035.00

122400 612000 S/. 275,400.00

10200 51000 S/. 35,700.00

CANTIDAD
DIC TOTAL PRECIO TOTAL
15300.00 76500.00 S/. 1,621,035.00

122400 612000 S/. 275,400.00

10200 51000 S/. 35,700.00

CANTIDAD
DIC TOTAL PRECIO TOTAL

15300.00 76500.00 S/. 1,621,035.00

122400 612000 S/. 275,400.00

10200 51000 S/. 35,700.00

CANTIDAD
DIC TOTAL PRECIO TOTAL

30600.00 153000.00 S/. 3,242,070.00

244800 1224000 S/. 550,800.00

20400 102000 S/. 71,400.00

CANTIDAD
DIC TOTAL PRECIO TOTAL

30600.00 153000.00 S/. 3,242,070.00

244800 1224000 S/. 550,800.00

20400 102000 S/. 71,400.00

 MANO DE OBRA INDIRECTA

DESIGNACIÓN AÑO AÑO 2019 AÑO AÑO

2018 2020 2021

Mano de obra por

caja S/. 79,968.00 S/. 79,968.00 S/. 79,968.00 S/. 159,936.00

AÑO 2018
ENE FEB MAR ABR MAY

Cantidad
Precio por caja
TOTAL

AÑO 2019
ENE FEB MAR ABR MAY

Cantidad
Precio por caja
TOTAL

AÑO 2020
ENE FEB MAR ABR MAY

Cantidad
Precio por caja
TOTAL

AÑO 2021
ENE FEB MAR ABR MAY

Cantidad
Precio por caja
TOTAL

AÑO 2022
ENE FEB MAR ABR MAY

Cantidad
Precio por caja
TOTAL
AÑO 2022

S/. 159,936.00

AÑO 2018
JUN JUL AGO SEP OCT NOV DIC TOTAL

10200 10200 10200 10200 10200 51000

S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57
S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 79,968.00

AÑO 2019
JUN JUL AGO SEP OCT NOV DIC TOTAL

10200 10200 10200 10200 10200 51000

S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57
S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 79,968.00

AÑO 2020
JUN JUL AGO SEP OCT NOV DIC TOTAL

10200 10200 10200 10200 10200 51000

S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57
S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 15,993.60 S/. 79,968.00

AÑO 2021
JUN JUL AGO SEP OCT NOV DIC TOTAL

20400 20400 20400 20400 20400 102000

S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57
S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 159,936.00

AÑO 2022
JUN JUL AGO SEP OCT NOV DIC TOTAL

20400 20400 20400 20400 20400 102000

S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57 S/. 1.57
S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 31,987.20 S/. 159,936.00
IGV 18%

COSTOS INDIRECTOS DE FABRICACIÓN

ITEM AÑO 2018 AÑO 2019 AÑO 2020 AÑO 2021 AÑO 2022

Combustible S/. 1,950.00 S/. 1,950.00 S/. 1,950.00 S/. 3,900.00 S/. 3,900.00
Manipuleo S/. 1,250.00 S/. 1,250.00 S/. 1,250.00 S/. 2,500.00 S/. 2,500.00
TOTAL S/. 3,200.00 S/. 3,200.00 S/. 3,200.00 S/. 6,400.00 S/. 6,400.00
TOTAL CON IGV S/. 3,776.00 S/. 3,776.00 S/. 3,776.00 S/. 7,552.00 S/. 7,552.00

AÑO 2018
ITEM ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Combustible S/. 390.00 S/. 390.00 S/. 390.00 S/. 390.00
Manipuleo S/. 250.00 S/. 250.00 S/. 250.00 S/. 250.00
Total S/. 640.00 S/. 640.00 S/. 640.00 S/. 640.00

AÑO 2019
ITEM ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Combustible S/. 390.00 S/. 390.00 S/. 390.00 S/. 390.00
Manipuleo S/. 250.00 S/. 250.00 S/. 250.00 S/. 250.00
Total S/. 640.00 S/. 640.00 S/. 640.00 S/. 640.00

AÑO 2020
ITEM ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Combustible S/. 390.00 S/. 390.00 S/. 390.00 S/. 390.00
Manipuleo S/. 250.00 S/. 250.00 S/. 250.00 S/. 250.00
Total S/. 640.00 S/. 640.00 S/. 640.00 S/. 640.00

AÑO 2021
ITEM ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Combustible S/. 780.00 S/. 780.00 S/. 780.00 S/. 780.00
Manipuleo S/. 500.00 S/. 500.00 S/. 500.00 S/. 500.00
Total S/. 1,280.00 S/. 1,280.00 S/. 1,280.00 S/. 1,280.00

AÑO 2022
ITEM ENE FEB MAR ABR MAY JUN JUL AGO SEP OCT NOV
Combustible S/. 780.00 S/. 780.00 S/. 780.00 S/. 780.00
Manipuleo S/. 500.00 S/. 500.00 S/. 500.00 S/. 500.00
Total S/. 1,280.00 S/. 1,280.00 S/. 1,280.00 S/. 1,280.00
 DIC TOTALES

S/. 390.00 S/. 1,950.00

S/. 250.00 S/. 1,250.00
S/. 640.00 S/. 3,200.00

DIC TOTALES

S/. 390.00 S/. 1,950.00

S/. 250.00 S/. 1,250.00
S/. 640.00 S/. 3,200.00

DIC TOTALES

S/. 390.00 S/. 1,950.00

S/. 250.00 S/. 1,250.00
 S/. 640.00 S/. 3,200.00

DIC TOTALES

S/. 780.00 S/. 3,900.00

S/. 500.00 S/. 2,500.00
S/. 1,280.00 S/. 6,400.00

DIC TOTALES

S/. 780.00 S/. 3,900.00

S/. 500.00 S/. 2,500.00
S/. 1,280.00 S/. 6,400.00
IGV 18%

PRESUPUESTO DE GASTOS ADMINISTRATIVOS

ITEM AÑO 2018 AÑO 2019 AÑO 2020 AÑO 2021 AÑO 2022
Remuneración S/. 92,682.00 S/. 92,682.00 S/. 92,682.00 S/. 92,682.00 S/. 92,682.00
Energía Electrica S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00
Servicio de Agua S/. 1,200.00 S/. 1,200.00 S/. 1,200.00 S/. 1,200.00 S/. 1,200.00
Telefonía + Internet S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00
Alquiler de Oficina S/. 22,800.00 S/. 22,800.00 S/. 22,800.00 S/. 22,800.00 S/. 22,800.00
Suministros de S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00 S/. 1,440.00
Oficina y Limpieza
TOTAL S/. 121,002.00 S/. 121,002.00 S/. 121,002.00 S/. 121,002.00 S/. 121,002.00
IGV 18%

PRESUPUESTO GASTOS DE VENTAS

ITEM
AÑO 2018 AÑO 2019 AÑO 2020 AÑO 2021 AÑO 2022
Embalaje S/. 550.00 S/. 550.00 S/. 550.00 S/. 1,100.00 S/. 1,100.00
Gastos de S/. 24,000.00 S/. 24,000.00 S/. 24,000.00 S/. 24,000.00 S/. 24,000.00
Publicidad
Gastos de S/. 21,856.00 S/. 21,856.00 S/. 21,856.00 S/. 43,712.00 S/. 43,712.00
Exportación (FOB)
TOTAL S/. 46,406.00 S/. 46,406.00 S/. 46,406.00 S/. 68,812.00 S/. 68,812.00
TOTAL CON IGV S/. 50,825.00 S/. 50,825.00 S/. 50,825.00 S/. 73,330.00 S/. 73,330.00
 COSTO UNITARIO PRODUCTO "ARÁNDANOS FRESCOS"

2018 2019 2020

Materia Prima S/. 2,279,919.30 S/. 2,279,919.30 S/. 2,279,919.30
MOI S/. 79,968.00 S/. 79,968.00 S/. 79,968.00
CIF S/. 3,776.00 S/. 3,776.00 S/. 3,776.00
TOTAL S/. 2,363,663.30 S/. 2,363,663.30 S/. 2,363,663.30
Volumen en
Unidades 612000 612000 612000
Costo Total Unitario S/. 3.86 S/. 3.86 S/. 3.86
NDANOS FRESCOS"

2021 2022
S/. 4,559,838.60 S/. 4,559,838.60
S/. 159,936.00 S/. 159,936.00
S/. 7,552.00 S/. 7,552.00
S/. 4,727,326.60 S/. 4,727,326.60

1224000 1224000
S/. 3.86 S/. 3.86
 COSTOS DE PRODUCCIÓN

RUBROS AÑO 2018 AÑO 2019 AÑO 2020 AÑO 2021 AÑO 2022

Materia Prima S/. 2,279,919.30 S/. 2,279,919.30 S/. 2,279,919.30 S/. 4,559,838.60 S/. 4,559,838.60
Mano de Obra
S/. 79,968.00 S/. 79,968.00 S/. 79,968.00 S/. 159,936.00 S/. 159,936.00
Directa
CIF S/. 3,776.00 S/. 3,776.00 S/. 3,776.00 S/. 7,552.00 S/. 7,552.00
TOTAL COSTO DE
S/. 2,363,663.30 S/. 2,363,663.30 S/. 2,363,663.30 S/. 4,727,326.60 S/. 4,727,326.60
PRODUCCIÓN
 COSTO DE VENTAS

2018 2019 2020 2021 2022

Materia Prima S/. 2,279,919.30 S/. 2,279,919.30 S/. 2,279,919.30 S/. 4,559,838.60 S/. 4,559,838.60
Mano de Obra Directa S/. 79,968.00 S/. 79,968.00 S/. 79,968.00 S/. 159,936.00 S/. 159,936.00
CIF S/. 3,776.00 S/. 3,776.00 S/. 3,776.00 S/. 7,552.00 S/. 7,552.00
Costos de Producción S/. 2,363,663.30 S/. 2,363,663.30 S/. 2,363,663.30 S/. 4,727,326.60 S/. 4,727,326.60
Inventario Inicial 0.00 0.00 0.00 0.00 0.00
Producción Disponible S/. 2,363,663.30 S/. 2,363,663.30 S/. 2,363,663.30 S/. 4,727,326.60 S/. 4,727,326.60
Inventario Final 0.00 0.00 0.00 0.00 0.00
Costo de Ventas S/. 2,363,663.30 S/. 2,363,663.30 S/. 2,363,663.30 S/. 4,727,326.60 S/. 4,727,326.60
 RESUMEN PRESUPUESTO MAESTRO

PRESUPUESTO MAESTRO
PRESUPUESTO OPERATIVO ANUAL
AÑO 2018 2019
PRESUPUESTO DE VENTAS S/. 3,211,776.00 S/. 3,211,776.00
PRESUPUESTO DE PRODUCCIÓN
Presupuesto de Materia Prima S/. 2,279,919.30 S/. 2,279,919.30

Presupuesto de Mano de Obra Directa S/. 79,968.00 S/. 79,968.00

Presupuesto de Costos Indirectos de Fabricación S/. 3,776.00 S/. 3,776.00

COSTOS DE PRODUCCIÓN S/. 2,363,663.30 S/. 2,363,663.30

GASTOS ADMINISTRATIVOS S/. 121,002.00 S/. 121,002.00
GASTOS DE VENTAS S/. 50,825.00 S/. 50,825.00
PRESUPUESTO FINANCIERO
Estado de Resultados Proyectado S/. 430,973.96 S/. 879,411.18

Estado de Flujo de Efectivo Proyectado S/. 996,282.86 S/. 1,339,939.64

Estado de Situación Financiera S/. 1,008,953.68 S/. 1,349,507.23

PUESTO MAESTRO

TO MAESTRO
PERATIVO ANUAL
2020 2021 2022
S/. 3,211,776.00 S/. 6,423,552.00 S/. 6,423,552.00

S/. 2,279,919.30 S/. 4,559,838.60 S/. 4,559,838.60

S/. 79,968.00 S/. 159,936.00 S/. 159,936.00

S/. 3,776.00 S/. 7,552.00 S/. 7,552.00

S/. 2,363,663.30 S/. 4,727,326.60 S/. 4,727,326.60

S/. 121,002.00 S/. 121,002.00 S/. 121,002.00
S/. 50,825.00 S/. 73,330.00 S/. 73,330.00
O FINANCIERO
S/. 1,349,996.04 S/. 2,429,124.96 S/. 3,508,253.87

S/. 1,676,805.16 S/. 2,985,193.34 S/. 4,067,425.49

S/. 1,683,269.51 S/. 2,999,054.45 S/. 4,078,183.36

 MODULO DE IGV
2018 2018 2019 2020
Por ventas S/. 0 S/. 0 S/. 0
Materia Prima S/. 347,784.30 S/. 347,784.30 S/. 347,784.30
Mano de Obra
S/. 0 S/. 0 S/. 0
Directa
CIF S/. 576 S/. 576 S/. 576
Gastos
S/. 0 S/. 0 S/. 0
Administrativos
Gasto de Ventas S/. 4,419 S/. 4,419 S/. 4,419
IGV Sunat S/. 2,655.83 S/. 352,779 S/. 352,779 S/. 352,779
Pago a sunat S/. 355,435.13 S/. 352,779 S/. 352,779
 2021 2022
S/. 0 S/. 0 OK
S/. 695,568.60 S/. 695,568.60 OK

S/. 0 S/. 0
OK
S/. 1,152 S/. 1,152 OK

S/. 0 S/. 0
OK
S/. 4,518 S/. 4,518 OK
S/. 701,239 S/. 701,239 OK
S/. 701,239 S/. 701,239 OK
Impuesto a la renta 28%

ESTADO DE RESULTADOS PROYECTADO (en S/.)

(Expresado en nuevos soles)
AÑO 2018 2019 2020 2021 2022
MONEDA S/. S/. S/. S/. S/.
Ingresos Ventas S/. 3,211,776 S/. 3,211,776 S/. 3,211,776 S/. 6,423,552 S/. 6,423,552
Costo de Ventas S/. 2,363,663 S/. 2,363,663 S/. 2,363,663 S/. 4,727,327 S/. 4,727,327
UTILIDAD BRUTA S/. 848,113 S/. 848,113 S/. 848,113 S/. 1,696,225 S/. 1,696,225
Gastos administrativos S/. 121,002 S/. 121,002 S/. 121,002 S/. 121,002 S/. 121,002
Gastos de ventas S/. 50,825 S/. 50,825 S/. 50,825 S/. 73,330 S/. 73,330
UTILIDAD SOBRE FLUJO (EBITDA) S/. 676,286 S/. 676,286 S/. 676,286 S/. 1,501,893 S/. 1,501,893
Depreciación S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963 S/. 2,963
Amortización S/. 141 S/. 141 S/. 141 S/. 141 S/. 141
UTILIDAD OPERATIVA S/. 673,182 S/. 673,182 S/. 673,182 S/. 1,498,790 S/. 1,498,790
Gastos financieros S/. 74,608 S/. 50,353 S/. 19,592.37 S/. 0 S/. 0
UTILIDAD ANTES DE IMPUESTOS S/. 598,575 S/. 622,829 S/. 653,590 S/. 1,498,790 S/. 1,498,790
Impuesto a la renta S/. 167,600.98 S/. 174,392.25 S/. 183,005.22 S/. 419,661.24 S/. 419,661.24
UTILIDAD NETA DEL EJERCICIO S/. 430,974 S/. 448,437 S/. 470,585 S/. 1,079,129 S/. 1,079,129
UTILIDAD ACUMULADA S/. 430,974 S/. 879,411 S/. 1,349,996 S/. 2,429,125 S/. 3,508,254
 FLUJO DE EFECTIVO
(expresado en nuevos soles)
AÑOS 2018
ACTIVIDADES DE OPERACIÓN
Cobranza (entradas) por:
Venta de bienes S/. 3,211,776.00
Otros
Menos pagos (salidas) por:
Proveedores de bienes y servicios S/. 2,442,808.30
Remuneraciones y beneficios sociales S/. 92,682.00
IGV S/. 2,655.83
Tributos
Aumento (disminución) del efectivo por actividades de
operación S/. 678,941.53
ACTIVIDADES DE INVERSION
Cobranza (entradas) por:
Venta de inmueble, maquinaria y equipo
Menos pagos (salidas) por:
Compra de inmueble, maquinaria y equipo
Aumento (disminución) del efectivo por actividades de
inversión S/. 0.00
ACTIVIDADES DE FINANCIACION
Cobranza (entradas) por:
Emisión y aceptación de obligaciones financieras
Menos pagos (salidas) por:
Amortización o pagos de obligaciones financieras S/. 90,420.41
Interés y rendimientos S/. 74,607.52
Aumento (disminución) del efectivo por actividades de
financiamiento -S/. 165,027.93

Aumento (Disminución) Neto de Efectivo y Equivalente de

Efectivo S/. 513,913.60
Saldo Efectivo y Equivalente de Efectivo al Inicio del
Ejercicio S/. 482,369.25

Efecto de las Diferencias de Cambio del Efectivo y

Equivalente de Efectivo inicial
Saldo Efectivo y Equivalente de Efectivo al Finalizar el
Ejercicio S/. 996,282.86
 FLUJO DE EFECTIVO
xpresado en nuevos soles)
2019 2020 2021 2022

S/. 3,211,776.00 S/. 3,211,776.00 S/. 6,423,552.00 S/. 6,423,552.00

S/. 2,442,808.30 S/. 2,442,808.30 S/. 4,828,976.60 S/. 4,828,976.60

S/. 92,682.00 S/. 92,682.00 S/. 92,682.00 S/. 92,682.00

S/. 167,600.98 S/. 174,392.25 S/. 183,005.22 S/. 419,661.24

S/. 508,684.72 S/. 501,893.45 S/. 1,318,888.18 S/. 1,082,232.16

S/. 10,500.00

S/. 0.00 S/. 0.00 S/. 10,500.00 S/. 0.00

S/. 114,674.94 S/. 145,435.55 S/. 0.00 S/. 0.00

S/. 50,352.99 S/. 19,592.37 S/. 0.00 S/. 0.00

-S/. 165,027.93 -S/. 165,027.93 S/. 0.00 S/. 0.00

S/. 343,656.79 S/. 336,865.52 S/. 1,308,388.18 S/. 1,082,232.16

S/. 996,282.86 S/. 1,339,939.64 S/. 1,676,805.16 S/. 2,985,193.34

S/. 1,339,939.64 S/. 1,676,805.16 S/. 2,985,193.34 S/. 4,067,425.49

 ESTADO DE SITUACIÓN FINANCIERA
(Expresado en nuevos soles )
AÑO 2017 2018 2019
ACTIVO
ACTIVO CORRIENTE
Efectivo y equivalentes de
efectivo S/. 482,369.25 S/. 996,282.86 S/. 1,339,939.64
Cuentas por cobrar
comerciales
Inventarios
Crédito Tributario Otras cuentas por cobrar S/. 2,655.83
Total Activo Corriente S/. 485,025.08 S/. 996,282.86 S/. 1,339,939.64

ACTIVO NO CORRIENTE
Propiedad, planta y equipo S/. 14,620.00 S/. 11,657.50 S/. 8,695.00

Activos intangibles distinto a S/. 1,154.07 S/. 1,013.33 S/. 872.59

la plusvalia
Total Activo No Corriente S/. 15,774.07 S/. 12,670.83 S/. 9,567.59

TOTAL ACTIVO S/. 500,799.15 S/. 1,008,953.68 S/. 1,349,507.23

PASIVO
PASIVO CORRIENTE
Impuesto a la Renta Otras cuentas por pagar S/. 167,600.98 S/. 174,392.25
Préstamos de PASIVO NO CTE
instituciones
financieras y otras Otros pasivos financieros S/. 350,530.91 S/. 260,110.50 S/. 145,435.55
entidades
Total Pasivo S/. 350,530.91 S/. 427,711.48 S/. 319,827.81
PATRIMONIO
Capital Social S/. 150,268.25 S/. 150,268.25 S/. 150,268.25
Utilidad retenida S/. 430,973.96 S/. 879,411.18
Total Patrimonio S/. 150,268.25 S/. 581,242.20 S/. 1,029,679.42

TOTAL PASIVO Y S/. 500,799.15 S/. 1,008,953.68 S/. 1,349,507.23

PATRIMONIO
ACIÓN FINANCIERA
n nuevos soles )
2020 2021 2022

S/. 1,676,805.16 S/. 2,985,193.34 S/. 4,067,425.49 flujo de efectivo

igv de la inversion tangible e intangible

S/. 1,676,805.16 S/. 2,985,193.34 S/. 4,067,425.49

S/. 5,732.50 S/. 13,270.00 S/. 10,307.50

inversion fija tangible inv. Fija tangible - depreciacion tangible
S/. 731.85 S/. 591.11 S/. 450.37
inversion fija intangible inv. Fija intangible - depreciacion intangible
S/. 6,464.35 S/. 13,861.11 S/. 10,757.87

S/. 1,683,269.51 S/. 2,999,054.45 S/. 4,078,183.36

S/. 183,005.22 S/. 419,661.24 S/. 419,661.24 impuesto a la renta

S/. 0.00
deuda la cual va financiar deuda la cual va financiar - principal del prim
S/. 183,005.22 S/. 419,661.24 S/. 419,661.24

S/. 150,268.25 S/. 150,268.25 S/. 150,268.25 patrimonio / aporte de los socios
S/. 1,349,996.04 S/. 2,429,124.96 S/. 3,508,253.87 utilidad acumulada
S/. 1,500,264.29 S/. 2,579,393.20 S/. 3,658,522.12

S/. 1,683,269.51 S/. 2,999,054.45 S/. 4,078,183.36

tangible - depreciacion tangible

intangible - depreciacion intangible

a cual va financiar - principal del primer año

 AÑO 2018 2019

1) Relación corriente o ratio corriente o

Liquidez
5.94 7.68

RATIOS DE 2) Prueba Acida

LIQUIDEZ
5.94 7.68

3) Capital de trabajo
S/. 828,682 S/. 1,165,547

1) Endeudamiento sobre activos totales o

ENDEUDAMIENTO TOTAL
0.42 0.24

RATIOS DE 2) Ratio de apalancamiento o

ENDEUDAMIENTO ENDEUDAMIENTO PATRIMONIAL
0.74 0.31

3) COBERTURA DE INTERESES
9.02 13.37

1) Rentabilidad del patrimonio (ROE) ó

RETORNO SOBRE PATRIMONIO
74.15% 43.55%
2) Rentabilidad de los activos (ROA) ó
(RENTABILIDAD SOBRE ACTIVOS - RETORNO
SOBRE ACTIVOS / INVERSION - RETORNO
SOBRE EL CAPITAL TOTAL) 42.71% 33.23%

3) Margen bruto
RATIOS DE 26.4% 26.4%
RENTABILIDAD

4) Margen Operacional
21.0% 21.0%

5) Margen Neto
13.4% 14.0%

6) Gastos de administración y ventas sobre

ventas
5.3% 5.3%

1) Rotación de activos fijos netos

275.51 369.38

RATIOS DE
ACTIVIDAD / 2) Rotación del activo total
GESTION 3.18 2.38

3) Rotación de inventarios 0 0
 2020 2021 2022

9.16 7.11 9.69

9.16 7.11 9.69

S/. 1,493,800 S/. 2,565,532 S/. 3,647,764

0.11 0.14 0.10

0.12 0.16 0.11

34.36 0.00 0.00

31.37% 41.84% 29.50%

34.87% 35.98% 26.46%

26.4% 26.4% 26.4%

21.0% 23.3% 23.3%

14.7% 16.8% 16.8%

5.3% 3.0% 3.0%

560.27 484.07 623.19

1.91 2.14 1.58

0 0 0
 FORMULAS Explicar

activo corriente / pasivo corriente

(activo corriente - inventario) / pasivo corriente (deudas)

activo corriente - pasivo corriente

(pasivo corriente + pasivo no corriente) / total activo

(pasivo corriente + pasivo no corriente) / total de patrimonio

UTILIDAD ANTES DE INTERESES E IMPUESTOS / INTERESES

utilidad neta del ejercicio / total patrimonio (patrimonio inicial)

utilidad neta del ejercicio / total activo ó UTLIDAD

OPERATIVA * (1-TAX) / TOTAL ACTIVO PROMEDIO

utilidad bruta / ingreso de ventas (ventas totales)

utilidad operativa / ingreso de ventas (ventas totales)

UTILIDAD NETA / VENTAS TOTALES

(gastos administrativos + gastos de ventas) / ingreso de ventas

ingreso de ventas / propiedad, planta y equipo (inversion fija tangible)

ingreso de ventas / total activo

-
 FLUJO DE CAJA ECONÓMICO FINANCIERO
(Expresado en nuevos soles)
AÑOS 2017 2018
MONEDA S/. S/.
INGRESOS
Ventas S/. 3,211,776.00
EGRESOS
Costos de producción -S/. 2,363,663.30
Gastos administrativos -S/. 121,002.00
Gastos de ventas -S/. 50,825.00
IGV . Sunat
Inversión fija tangible -S/. 17,022.50
Inversión fija intangible -S/. 1,407.40
Capital de trabajo -S/. 482,369.25
Impuesto a la renta -S/. 167,600.98
Flujo de Caja Económico -S/. 500,799.15 S/. 508,684.72

Crédito S/. 350,530.91

Amortización principal -S/. 90,420.41
Pago de intereses -S/. 74,607.52
Flujo de Caja Financiero -S/. 150,268.25 S/. 343,656.79

INDICADORES ECONÓMICOS INDICADORES FINANCIEROS

WACC 30.27% WACC Ke

(WACC, suma flujo de caja
VANe S/. 1,069,114 económico)+deuda, patrimonio VANf
TIRe 107.93% flujo de caja económico TIRf

(WACC, suma flujo de caja

económico)/-deuda,patrimonio,2
Beneficio/Costo 3.13 Beneficio/Costo

VAN Economico/Financiero

VANe S/. 1,069,114

VANf S/. 622,183

TIR Economico/Financiero

TIRe 107.93%
TIRf 238.08%
O DE CAJA ECONÓMICO FINANCIERO
(Expresado en nuevos soles)
2019 2020 2021 2022
S/. S/. S/. S/.

S/. 3,211,776.00 S/. 3,211,776.00 S/. 6,423,552.00 S/. 6,423,552.00

-S/. 2,363,663.30 -S/. 2,363,663.30 -S/. 4,727,326.60 -S/. 4,727,326.60

-S/. 121,002.00 -S/. 121,002.00 -S/. 121,002.00 -S/. 121,002.00
-S/. 50,825.00 -S/. 50,825.00 -S/. 73,330.00 -S/. 73,330.00

-S/. 10,500.00

-S/. 174,392.25 -S/. 183,005.22 -S/. 419,661.24 -S/. 419,661.24

S/. 501,893.45 S/. 493,280.48 S/. 1,071,732.16 S/. 1,082,232.16

-S/. 114,674.94 -S/. 145,435.55 S/. 0.00 S/. 0.00

-S/. 50,352.99 -S/. 19,592.37 S/. 0.00 S/. 0.00
S/. 336,865.52 S/. 328,252.55 S/. 1,071,732.16 S/. 1,082,232.16

INDICADORES FINANCIEROS

53.87% COK
(COK, suma de flujo de caja
S/. 622,183 financiero) + patriminio
238.08% flujo de caja financiero

(COK, suma de flujo de caja

financiero) / - patriminio,2
5.14
ingreso por ventas

costo de produccion total

gastos administrativos total
gastos de ventas total

inversion tangible
inversion intangible
capital de trabajo
impuesto a la renta

suma de las cuotas sin intereses

suma de intereses acumulados anualmente
CALCULO DEL COK:

1) Desapalanca el β de la Empresa China

AÑO
βd = 0.69
2004
2) Apalanca el β de la Empresa Peruana 2005
2006
βd = 0.69 2007
E= 30% aporte de socios 2008
D= 70% credito 2009
t= 28% impuesto a la renta 2010
βa = 1.84 2011
B9*((B10+B11*(1-B12))/B10) = βd*((E + D * (1- t)) / E ) 2012
3) Se reemplaza en la formula del CAPM: 2013
2014
Rf = 7.23% tasa libre de riesgo
βa = 1.84 apalancamiento de la emp. Peruana PROMEDIO
Rm = 29.95% rendimiento del mercado
RP = 1.35% riesgo pais Índice General de la Bolsa de Valores
Inflac = 3.5% inflacion bcr
R cambiario =
COK = 53.87% B17+B18*(B19-B17)+B20+B21 = Rf + βa * (Rm - Rf) + RP + Infla
COK = Rf+B(Rm-Rf)
CALCULO DEL WACC:

INVERSION P/A TASA %

Deuda(Financiamiento) S/. 350,530.91 70% 28% tasa del banco
Patrimonio(Propio) S/. 150,268.25 30% 53.87% el COK
TOTAL S/. 500,799.15 100%

Impuesto a la renta: 28%

Fórmula
CP x P/A + CD x P/A x (1-TAX) COK * P/A + tasa del banco * P/A * (1- impuesto a la renta)
49.97% x 0,3 + 0,28 x 0,7 x (1-0,28)

WACC = 30.27%
 Date updated: 5-Jan-14 web: http://www.damodaran

Number of D/E
INDICE VAR % Industry Name Beta
firms Ratio

3710.39 Advertising 65 1.03 52.57%

4802.25 29.43% Aerospace/Defense 95 1.01 18.99%
12884.2 168.30% Air Transport 25 0.94 109.48%
17524.79 36.02% Apparel 70 1.15 21.33%
7048.67 -59.78% Auto & Truck 26 1.28 97.56%
14167.2 100.99% Auto Parts 75 1.46 32.00%
23374.57 64.99% Bank 7 0.72 84.19%
19473.31 -16.69% Banks (Regional) 721 0.58 72.00%
20629.35 5.94% Beverage 47 1.42 22.16%
15753.65 -23.63% Beverage (Alcoholic) 19 1.14 27.56%
14794.32 -6.09% Biotechnology 349 1.12 9.15%
Broadcasting 30 1.53 48.49%
PROMEDIO 29.95% Brokerage & Investment Banking 49 1.11 400.56%
Building Materials 37 1.27 30.05%
Índice General de la Bolsa de Valores de Lima Business & Consumer Services 179 0.90 29.23%
Cable TV 16 0.97 49.23%
Chemical (Basic) 47 1.01 29.67%
= Rf + βa * (Rm - Rf) + RP + Inflac Chemical (Diversified) 10 1.42 33.39%
Chemical (Specialty) 100 1.01 16.30%
Coal & Related Energy 45 1.28 86.63%
Computer Services 129 0.92 20.48%
Computer Software 273 1.07 8.68%
tasa del banco Computers/Peripherals 66 1.15 8.83%
Construction 18 0.96 30.47%
Diversified 20 0.77 94.47%
Educational Services 40 1.24 39.03%
Electrical Equipment 135 1.14 13.74%
Electronics 191 1.02 16.01%
Electronics (Consumer & Office) 26 1.37 40.30%
* (1- impuesto a la renta) Engineering 56 1.20 22.72%
Entertainment 85 1.19 25.98%
Environmental & Waste Services 108 1.13 43.59%
Farming/Agriculture 29 0.79 41.12%
Financial Svcs. 76 0.99 102.12%
Financial Svcs. (Non-bank & Insurance) 17 1.05 331.47%
Food Processing 97 0.85 27.92%
Food Wholesalers 18 1.18 16.79%
Furn/Home Furnishings 36 1.24 27.66%
Healthcare Equipment 193 0.85 17.26%
Healthcare Facilities 47 1.13 120.90%
Healthcare Products 58 1.00 19.80%
Healthcare Services 126 0.83 27.93%
Heathcare Information and Technology 125 0.99 14.52%
Heavy Construction 46 1.67 56.30%
Homebuilding 32 1.71 56.61%
Hotel/Gaming 89 1.27 52.33%
Household Products 139 1.00 19.33%
Information Services 71 0.84 10.63%
Insurance (General) 26 0.92 46.14%
Insurance (Life) 27 1.21 66.67%
Insurance (Prop/Cas.) 53 0.76 34.98%
Internet software and services 330 1.05 4.16%
Investment Co. 65 0.82 104.40%
Machinery 141 1.04 17.50%
Metals & Mining 134 1.26 48.21%
Office Equipment & Services 30 1.14 55.08%
Oil/Gas (Integrated) 8 1.00 8.54%
Oil/Gas (Production and Exploration) 411 1.24 156.15%
Oil/Gas Distribution 80 0.82 51.93%
Oilfield Svcs/Equip. 163 1.30 20.29%
Packaging & Container 24 0.99 49.19%
Paper/Forest Products 21 1.34 51.99%
Pharma & Drugs 138 1.10 13.87%
Power 106 0.68 85.11%
Precious Metals 166 1.33 37.02%
Publshing & Newspapers 52 1.08 36.82%
R.E.I.T. 46 0.78 569.79%
Railroad 10 1.08 23.69%
Real Estate (Development) 22 0.99 24.90%
Real Estate (General/Diversified) 11 0.72 17.30%
Real Estate (Operations & Services) 47 1.40 59.57%
Recreation 70 1.30 25.13%
Reinsurance 3 0.56 38.50%
Restaurant 84 0.86 27.57%
Retail (Automotive) 30 1.15 57.51%
Retail (Building Supply) 7 1.07 22.18%
Retail (Distributors) 87 1.00 43.82%
Retail (General) 21 0.98 35.62%
Retail (Grocery and Food) 21 0.81 56.86%
Retail (Internet) 47 1.03 5.06%
Retail (Special Lines) 137 0.99 37.80%
Rubber& Tires 4 1.27 109.78%
Semiconductor 104 1.19 13.02%
Semiconductor Equip 51 1.25 16.97%
Shipbuilding & Marine 14 1.50 65.35%
Shoe 14 0.83 7.89%
Steel 37 1.19 45.91%
Telecom (Wireless) 28 0.68 105.14%
Telecom. Equipment 131 1.14 10.77%
Telecom. Services 82 0.94 71.23%
Thrift 223 0.53 NA
Tobacco 12 0.94 20.83%
Transportation 22 1.01 20.75%
Trucking 28 1.17 78.48%
Utility (General) 20 0.56 69.35%
Utility (Water) 20 0.75 57.90%
Total Market 7766 1.01 74.28%
Total Market 6177 1.17 42.92%
web: http://www.damodaran.com

Unlevered beta
Unlevered Cash/Firm
Tax rate corrected for
beta value
cash
6.04% 0.69 5.91% 0.73
15.03% 0.87 6.24% 0.92
13.79% 0.48 6.92% 0.52
10.29% 0.96 2.99% 0.99
4.71% 0.66 8.48% 0.72
9.43% 1.13 8.04% 1.23
22.17% 0.43 10.94% 0.49
18.00% 0.37 13.80% 0.43
3.95% 1.17 5.06% 1.24
10.72% 0.91 1.38% 0.93
1.13% 1.02 4.39% 1.07
13.21% 1.08 2.31% 1.10
13.44% 0.25 24.39% 0.33
16.33% 1.02 5.04% 1.07
13.41% 0.72 4.33% 0.75
15.00% 0.69 2.58% 0.71
6.27% 0.79 7.19% 0.85
25.03% 1.13 6.82% 1.22
12.74% 0.89 6.25% 0.95
2.44% 0.69 5.86% 0.73
9.94% 0.78 5.48% 0.82
6.16% 0.99 5.50% 1.04
5.66% 1.06 5.92% 1.13
9.82% 0.75 1.89% 0.77
12.60% 0.42 2.27% 0.43
11.84% 0.92 11.98% 1.04
7.49% 1.01 5.37% 1.07
7.52% 0.89 10.69% 1.00
8.97% 1.00 6.97% 1.08
14.86% 1.01 11.21% 1.13
4.85% 0.95 4.05% 0.99
5.02% 0.80 1.42% 0.81
9.01% 0.58 7.63% 0.63
18.37% 0.54 7.22% 0.58
9.77% 0.26 7.85% 0.29
14.00% 0.69 3.10% 0.71
10.69% 1.02 1.71% 1.04
10.03% 0.99 3.88% 1.03
5.80% 0.73 5.20% 0.77
13.49% 0.55 1.22% 0.56
8.76% 0.85 4.28% 0.89
13.77% 0.67 6.54% 0.72
6.09% 0.87 4.88% 0.92
19.40% 1.15 5.54% 1.22
6.68% 1.12 9.15% 1.23
10.48% 0.87 3.84% 0.90
9.51% 0.86 3.52% 0.89
17.05% 0.77 3.84% 0.81
19.19% 0.67 5.04% 0.71
17.82% 0.78 10.41% 0.87
19.42% 0.60 5.47% 0.63
4.59% 1.01 3.98% 1.05
6.62% 0.41 11.38% 0.47
13.02% 0.91 5.90% 0.96
1.90% 0.86 5.37% 0.90
12.81% 0.77 5.45% 0.82
20.55% 0.94 3.09% 0.97
6.29% 0.50 1.76% 0.51
4.18% 0.55 1.12% 0.55
10.73% 1.10 5.69% 1.17
21.28% 0.71 3.31% 0.73
8.20% 0.90 3.12% 0.93
4.30% 0.97 5.15% 1.03
16.03% 0.40 2.05% 0.40
0.82% 0.98 10.57% 1.09
13.92% 0.82 6.06% 0.87
2.48% 0.12 2.40% 0.12
20.51% 0.91 1.61% 0.92
3.00% 0.80 6.27% 0.85
8.72% 0.62 0.69% 0.62
8.56% 0.91 3.25% 0.94
8.81% 1.06 4.22% 1.11
13.34% 0.42 10.46% 0.47
15.17% 0.69 2.56% 0.71
19.23% 0.79 2.25% 0.80
21.97% 0.91 2.89% 0.94
16.18% 0.73 1.86% 0.74
25.03% 0.77 3.19% 0.80
22.83% 0.57 1.72% 0.58
9.80% 0.99 3.03% 1.02
18.90% 0.75 3.20% 0.78
15.21% 0.66 17.50% 0.80
7.30% 1.06 6.34% 1.14
5.13% 1.08 10.97% 1.21
4.99% 0.92 2.28% 0.94
19.82% 0.78 3.53% 0.81
14.13% 0.85 6.31% 0.91
11.54% 0.35 5.15% 0.37
6.90% 1.04 6.36% 1.11
8.40% 0.57 9.63% 0.63
18.93% 0.01 1.88% NA
14.23% 0.80 3.80% 0.83
21.21% 0.86 5.60% 0.92
27.93% 0.75 2.92% 0.77
29.93% 0.38 0.97% 0.38
14.52% 0.50 0.55% 0.50
10.32% 0.60 5.24% 0.64
14.93% 0.86 10.66% 0.96
 Se sensibilizara el flujo considerando las siguientes variaciones (independientes una de otras);
* Incremento en el precio en 10%
* Incremento en el precio en 5%
* Reducción en el precio en 10%
* Reducción en el precio en 5%

Modificando el precio de venta:

PRODUCCIÓN
AÑOS 2018 2019
P 612000 612000
R $1.80 S/. 3,532,953.60 S/. 3,532,953.60
E $1.72 S/. 3,372,364.80 S/. 3,372,364.80
C $1.64 S/. 3,211,776.00 S/. 3,211,776.00
I $1.56 S/. 3,051,187.20 S/. 3,051,187.20
O $1.48 S/. 2,890,598.40 S/. 2,890,598.40

$1.80 Horizonte 0 1
Ingresos S/. 3,532,953.60
Costos -S/. 2,703,091.28
Inversión -S/. 500,799.15
FFNN -S/. 500,799.15 S/. 829,862.32

1
Crédito S/. 350,530.91
Amortización
-S/. 90,420.41
principal
Pago de intereses -S/. 74,607.52
Flujo de Caja -S/. 150,268.25 S/. 664,834.39
Financiero

$1.72 Horizonte 0 1
Ingresos S/. 3,372,364.80
Costos -S/. 2,703,091.28
Inversión -S/. 500,799.15
FFNN -S/. 500,799.15 S/. 669,273.52

2
Crédito S/. 350,530.91
Amortización
principal -S/. 90,420.41

Pago de intereses -S/. 74,607.52

Flujo de Caja -S/. 150,268.25 S/. 504,245.59
Financiero

$1.56 Horizonte 0 1
Ingresos S/. 3,051,187.20
 Costos -S/. 2,703,091.28
Inversión -S/. 500,799.15
FFNN -S/. 500,799.15 S/. 348,095.92
3
Crédito S/. 350,530.91
Amortización
-S/. 90,420.41
principal
Pago de intereses -S/. 74,607.52
Flujo de Caja -S/. 150,268.25 S/. 183,067.99
Financiero

$1.48 Horizonte 0 1
Ingresos S/. 2,890,598.40
Costos -S/. 2,703,091.28
Inversión -S/. 500,799.15
FFNN -S/. 500,799.15 S/. 187,507.12
4
Crédito S/. 350,530.91
Amortización principal -S/. 90,420.41
Pago de intereses -S/. 74,607.52
Flujo de Caja -S/. 150,268.25 S/. 22,479.19
Financiero

Si el precio se incrementa en 10% $13.20 S/. 2,044,431.60

Si el precio se incrementa en 5% $12.60 S/. 1,556,772.79
Base $12.00 S/. 1,069,113.99
Si el precio disminuye en 5% $11.40 S/. 581,455.18
Si el precio disminuye en 10% $10.80 S/. 93,796.37

se incrementa en 10% se incrementa en 5%

INDICADORES ECONÓMICOS INDICADORES ECONÓMICOS

Tasa Descuento 30.27% WACC Tasa Descuento

(WACC, suma flujo de caja

VANe S/. 2,044,432 económico)+deuda, patrimonio VANe
TIRe 171.65% flujo de caja economico TIRe

(WACC, suma flujo de caja

económico)/-
Beneficio/Costo 5.08 deuda,patrimonio,2 Beneficio/Costo

INDICADORES FINANCIEROS INDICADORES FINANCIEROS

Ke 53.87% COK Ke
 (COK, suma de flujo de caja
VANf S/. 1,243,844 financiero) + patriminio VANf
TIRf 445.54% flujo de caja financiero TIRf
(COK, suma de flujo de caja
Beneficio/Costo 9.28 financiero) / - patriminio,2 Beneficio/Costo
s una de otras);

IÓN
2020 2021 2022
612000 1224000 1224000
S/. 3,532,953.60 S/. 7,065,907.20 S/. 7,065,907.20
S/. 3,372,364.80 S/. 6,744,729.60 S/. 6,744,729.60
S/. 3,211,776.00 S/. 6,423,552.00 S/. 6,423,552.00
S/. 3,051,187.20 S/. 6,102,374.40 S/. 6,102,374.40
S/. 2,890,598.40 S/. 5,781,196.80 S/. 5,781,196.80

2 3 4 5
S/. 3,532,953.60 S/. 3,532,953.60 S/. 7,065,907.20 S/. 7,065,907.20
-S/. 2,709,882.55 -S/. 2,718,495.52 -S/. 5,351,819.84 -S/. 5,341,319.84

S/. 823,071.05 S/. 814,458.08 S/. 1,714,087.36 S/. 1,724,587.36

-S/. 114,674.94 -S/. 145,435.55 S/. 0.00 S/. 0.00

-S/. 50,352.99 -S/. 19,592.37 S/. 0.00 S/. 0.00

S/. 658,043.12 S/. 649,430.15 S/. 1,714,087.36 S/. 1,724,587.36

2 3 4 5
S/. 3,372,364.80 S/. 3,372,364.80 S/. 6,744,729.60 S/. 6,744,729.60
-S/. 2,709,882.55 -S/. 2,718,495.52 -S/. 5,351,819.84 -S/. 5,341,319.84

S/. 662,482.25 S/. 653,869.28 S/. 1,392,909.76 S/. 1,403,409.76

-S/. 114,674.94 -S/. 145,435.55 S/. 0.00 S/. 0.00

-S/. 50,352.99 -S/. 19,592.37 S/. 0.00 S/. 0.00

S/. 497,454.32 S/. 488,841.35 S/. 1,392,909.76 S/. 1,403,409.76

2 3 4 5
S/. 3,051,187.20 S/. 3,051,187.20 S/. 6,102,374.40 S/. 6,102,374.40
 -S/. 2,709,882.55 -S/. 2,718,495.52 -S/. 5,351,819.84 -S/. 5,341,319.84

S/. 341,304.65 S/. 332,691.68 S/. 750,554.56 S/. 761,054.56

-S/. 114,674.94 -S/. 145,435.55 S/. 0.00 S/. 0.00

-S/. 50,352.99 -S/. 19,592.37 S/. 0.00 S/. 0.00

S/. 176,276.72 S/. 167,663.75 S/. 750,554.56 S/. 761,054.56

2 3 4 5
S/. 2,890,598.40 S/. 2,890,598.40 S/. 5,781,196.80 S/. 5,781,196.80
-S/. 2,709,882.55 -S/. 2,718,495.52 -S/. 5,351,819.84 -S/. 5,341,319.84

S/. 180,715.85 S/. 172,102.88 S/. 429,376.96 S/. 439,876.96

-S/. 114,674.94 -S/. 145,435.55 S/. 0.00 S/. 0.00

-S/. 50,352.99 -S/. 19,592.37 S/. 0.00 S/. 0.00

S/. 15,687.92 S/. 7,074.95 S/. 429,376.96 S/. 439,876.96

ok
ok
ok
ok
ok

se disminuye en 5%

CADORES ECONÓMICOS INDICADORES ECONÓMICOS

30.27% Tasa Descuento 30.27%

S/. 1,556,773 VANe S/. 581,455

140.00% TIRe 74.70%

4.11 Beneficio/Costo 2.16

CADORES FINANCIEROS INDICADORES FINANCIEROS

53.87% Ke 53.87%
S/. 933,014 VANf S/. 311,353
340.73% TIRf 140.71%

7.21 Beneficio/Costo 3.07

flujo de caja economico

deuda

pago sin intereses

intereses

patrimonio

flujo de caja economico

deuda

pago sin intereses

intereses

patrimonio
flujo de caja economico

deuda

pago sin intereses

intereses

patrimonio

flujo de caja economico

deuda
pago sin intereses
intereses

patrimonio

se disminuye en 10%

INDICADORES ECONÓMICOS
Tasa Descuento 30.27%

VANe S/. 93,796

TIRe 38.17%

Beneficio/Costo 1.19

INDICADORES FINANCIEROS
Ke 53.87%
VANf S/. 523
TIRf 54.00%

Beneficio/Costo 1
 ESCENARIOS

En el análisis por escenarios se han considerado tres, los que se denominan: moderado(escenario base),
pesimista y optimista.
Escenario moderado: La variable conserva su valor original.
Escenario optimista: Se considera el incremento del 10% en el precio de venta
Escenario pesimista: Se considera una contracción en 10% en el precio de venta.

*Variable Precio
Se muestra las variaciones del precio, que es una variable fundamental. Si bien se está entrando
en un nuevo mercado, y por ello con un precio más bajo, el aumento del 5%, 10% o disminución de 5%, 10%
no afectaría las utilidades del plan de negocio.

PRECIO Variación VANE VANF TIRE TIRF

Optimista Aumenta 5% S/. 1,556,773 S/. 933,014 140.00% 340.73% ok
Pesimista Disminuye 5% S/. 581,455 S/. 311,353 74.70% 140.71% ok
Optimista Aumenta 10% S/. 2,044,432 S/. 1,243,844 171.65% 445.54% ok
Pesimista Disminuye 10% S/. 93,796 S/. 523 38.17% 54.00% ok