Presentado Por: Milton Arteaga

Parametros de Sensibilización
1 2 al 4 5 al 6 7
PN
500 550 600 540
1 al 4 5 al 7
PR
3,300,000 4,290,000
1 al 5 6 al 7
CVU
2,500,000 3,750,000
Madera 1,800,000
Pegante 50,000
Pintura 50,000
Chapas 300,000
MOD 300,000

CF 180,000,000 GF 48,000,000
Gerente 120,000,000 Publicidad 36,000,000
Asistente 60,000,000 Seguros 12,000,000

GV 1%

TIO 15.00%
TX 10%

Cuadro de Activos
Activos Terreno Edificios Pcs Vehiculos
VA 500,000,000 300,000,000 50,000,000 100,000,000
VU N/A 20 5 3
D 0 15,000,000 10,000,000 33,333,333
DA 0 105,000,000 50,000,000 100,000,000
VL 500,000,000 195,000,000 0 0
VS % 120% No se vende 30% 20%
VS $ 600,000,000 No se vende 15,000,000 20,000,000
VD 590,000,000 No se vende 13,500,000 18,000,000
N para año 0 2.0 0.8 0.0 0.4
IAF año 0 661,249,735 337,056,507 50,000,000 105,996,306

Resumen del cuadro de activos

1 al 3 4 al 5 6 al 7
D 58,333,333 25,000,000 15,000,000

VLAFNV 195,000,000
VD 621,500,000
IAF año 0 1,154,302,548

Gastos Preoperativos
Pasaje EM 2,000,000 Costos Muertos
EM 30,000,000 Costos Muertos
Escritura 8,000,000
Pasaje Maq 3,000,000
Total GP 43,000,000
IP 11,000,000
AP 10,750,000

Inversión en capital de trabajo

Factor IKW 25%
Años 0 1 2 3
Total C y G -1,494,500,000 -1,621,150,000 -1,621,150,000
IKW -373,625,000 -31,662,500 0 0
RKW 0 0 0 0

TIO MIXTA
$ % Tasas (1- Tx)
Capital Necesario 1,538,927,548 100%
Capital Prestado 330,000,000 21.44% 12.00% 90%
Capital Propio 1,208,927,548 78.56% 15.00%
TIO MIXTA -->

Calendario de prestamo
N 4
Pago -108,647,364

AÑOS 0 1 2 3
SALDO 330,000,000 260,952,636 183,619,588 97,006,575
GI 0 -39,599,999 -31,314,316 -22,034,350
APR 0 -69,047,364 -77,333,048 -86,613,013
CUOTA 0 -108,647,364 -108,647,364 -108,647,364
 4 5 6 7
-1,621,150,000 -1,753,740,000 -2,503,740,000 -2,276,166,000
-33,147,500 -187,500,000 56,893,500 0
0 0 0 569,041,500

Ponderación

2.32%
11.78%
14.10%

4
0
-11,640,789
-97,006,575
-108,647,364
 FLUJO DE FONDOS DEL PROYECTO
Años 0 1 2 3
PN 500 550 550
PR 3,300,000 3,300,000 3,300,000
CVU -2,500,000 -2,500,000 -2,500,000

IN 0 1,650,000,000 1,815,000,000 1,815,000,000

CVT 0 -1,250,000,000 -1,375,000,000 -1,375,000,000
CF 0 -180,000,000 -180,000,000 -180,000,000
GF 0 -48,000,000 -48,000,000 -48,000,000
GV 0 -16,500,000 -18,150,000 -18,150,000
AP 0 -10,750,000 -10,750,000 -10,750,000
D 0 -58,333,333 -58,333,333 -58,333,333
VLAFNV 0 0 0 0
UAI 0 86,416,667 124,766,667 124,766,667
I 0 -8,641,667 -12,476,667 -12,476,667
UDI 0 77,775,000 112,290,000 112,290,000
AP 0 10,750,000 10,750,000 10,750,000
D 0 58,333,333 58,333,333 58,333,333
VLAFNV 0 0 0 0
VD 0 0 0 0
IP -11,000,000 0 0 0
IAF -1,154,302,548 0 0 0
IKW -373,625,000 -31,662,500 0 0
RKW 0 0 0 0
FFP -1,538,927,548 115,195,833 181,373,333 181,373,333

115,195,833 181,373,333 181,373,333

0 1 2 3

-1,538,927,548
DOS DEL PROYECTO
4 5 6 7
550 600 600 540
3,300,000 4,290,000 4,290,000 4,290,000
-2,500,000 -2,500,000 -3,750,000 -3,750,000

1,815,000,000 2,574,000,000 2,574,000,000 2,316,600,000

-1,375,000,000 -1,500,000,000 -2,250,000,000 -2,025,000,000
-180,000,000 -180,000,000 -180,000,000 -180,000,000
-48,000,000 -48,000,000 -48,000,000 -48,000,000
-18,150,000 -25,740,000 -25,740,000 -23,166,000
-10,750,000 0 0 0
-25,000,000 -25,000,000 -15,000,000 -15,000,000
0 0 0 -195,000,000
158,100,000 795,260,000 55,260,000 -169,566,000
-15,810,000 -79,526,000 -5,526,000 0
142,290,000 715,734,000 49,734,000 -169,566,000
10,750,000 0 0 0
25,000,000 25,000,000 15,000,000 15,000,000
0 0 0 195,000,000
0 0 0 621,500,000
0 0 0 0
0 0 0 0
-33,147,500 -187,500,000 56,893,500 0
0 0 0 569,041,500
144,892,500 553,234,000 121,627,500 1,230,975,500

1,230,975,500
553,234,000
144,892,500 121,627,500

4 5 6 7
 FLUJO DE FONDOS FINANCIADO
Años 0 1 2 3
PN 500 550 550
PR 3,300,000 3,300,000 3,300,000
CVU -2,500,000 -2,500,000 -2,500,000

IN 0 1,650,000,000 1,815,000,000 1,815,000,000

CVT 0 -1,250,000,000 -1,375,000,000 -1,375,000,000
CF 0 -180,000,000 -180,000,000 -180,000,000
GF 0 -48,000,000 -48,000,000 -48,000,000
GV 0 -16,500,000 -18,150,000 -18,150,000
GI 0 -39,599,999 -31,314,316 -22,034,350
AP 0 -10,750,000 -10,750,000 -10,750,000
D 0 -58,333,333 -58,333,333 -58,333,333
VLAFNV 0 0 0 0
UAI 0 46,816,667 93,452,351 102,732,316
I 0 -4,681,667 -9,345,235 -10,273,232
UDI 0 42,135,001 84,107,116 92,459,085
AP 0 10,750,000 10,750,000 10,750,000
D 0 58,333,333 58,333,333 58,333,333
VLAFNV 0 0 0 0
VD 0 0 0 0
IP -11,000,000 0 0 0
IAF -1,154,302,548 0 0 0
IKW -373,625,000 -31,662,500 0 0
RKW 0 0 0 0
PR 330,000,000 0 0 0
APR 0 -69,047,364 -77,333,048 -86,613,013
FFF -1,208,927,548 10,508,470 75,857,401 74,929,405

75,857,401 74,929,405

10,508,470

0 1 2 3

-1,208,927,548
NDOS FINANCIADO
4 5 6 7
550 600 600 540
3,300,000 4,290,000 4,290,000 4,290,000
-2,500,000 -2,500,000 -3,750,000 -3,750,000

1,815,000,000 2,574,000,000 2,574,000,000 2,316,600,000

-1,375,000,000 -1,500,000,000 -2,250,000,000 -2,025,000,000
-180,000,000 -180,000,000 -180,000,000 -180,000,000
-48,000,000 -48,000,000 -48,000,000 -48,000,000
-18,150,000 -25,740,000 -25,740,000 -23,166,000
-11,640,789 0 0 0
-10,750,000 0 0 0
-25,000,000 -25,000,000 -15,000,000 -15,000,000
0 0 0 -195,000,000
146,459,211 795,260,000 55,260,000 -169,566,000
-14,645,921 -79,526,000 -5,526,000 0
131,813,290 715,734,000 49,734,000 -169,566,000
10,750,000 0 0 0
25,000,000 25,000,000 15,000,000 15,000,000
0 0 0 195,000,000
0 0 0 621,500,000
0 0 0 0
0 0 0 0
-33,147,500 -187,500,000 56,893,500 0
0 0 0 569,041,500
0 0 0 0
-97,006,575 0 0 0
37,409,215 553,234,000 121,627,500 1,230,975,500

1,230,975,500
553,234,000
121,627,500
37,409,215

4 5 6 7