DATOS

PRODUCCION 250,000.00 +
PRECIO 45.00 -
CU 15.00 =
GASTOS DE ADMINISTRACION 75,000.00 -
COSTOS OPERACIONALES 50,000.00 -
DEUDA 350,000.00 =
INTERES 7% -
PLAZO DEL CREDITO 5 AÑOS =
INVERSIÓN 500,000.00 -
CAP TRABAJO 25,000.00 =
APORTE PROPIO 150,000.00 -
MADURACION DE LA INVERSION 5 AÑS
TASA DE CRECIMIENTO DE VENTAS 5%

Prod. Año 2 262,500.00 +

Prod. Año 3 275,625.00 +
Prod. Año 4 289,406.25 -
Prod. Año 5 303,876.56 -
+
-
=
EERR 0 1.00 2.00 3.00
VENTAS 0 11,250,000.00 11,812,500.00 12,403,125.00
COSTO DE VENTAS 3,750,000.00 3,937,500.00 4,134,375.00
UTILIDAD BRUTA 7,500,000.00 7,875,000.00 8,268,750.00
COSTOS OPERATIVOS 50,000.00 50,000.00 50,000.00
GASTOS DE ADMINISTRACION 75,000.00 75,000.00 75,000.00
EBITDA 7,375,000.00 7,750,000.00 8,143,750.00
DEPRECIACION 100,000.00 100,000.00 100,000.00
EBIT 7,275,000.00 7,650,000.00 8,043,750.00
INTERESES - - -
EBT 7,275,000.00 7,650,000.00 8,043,750.00
IMPUESTOS 1,818,750.00 1,912,500.00 2,010,937.50
UTILIDAD NETA 5,456,250.00 5,737,500.00 6,032,812.50

FLUJO DE EFECTIVO
UTILIDAD NETA 5,456,250.00 5,737,500.00 6,032,812.50
DEPRECIACION 100,000.00 100,000.00 100,000.00
INVERSION 500,000.00 - - -
CAP TRABAJO 25,000.00 - - -
DESEMBOLSOS CREDITOS - - -
PAGOS DE CAPITAL - - -
FLUJO DE CAJA LIBRE -525,000.00 5,556,250.00 5,837,500.00 6,132,812.50

FLUJO DE CAJA DEL ACCIONISTA = FCL-FCF

-350,000.00 88,375.00 88,375.00 88,375.00

 4.00 5.00 EERR 0
13,023,281.25 13,674,445.31 VENTAS 0
4,341,093.75 4,558,148.44 COSTO DE VENTAS
8,682,187.50 9,116,296.88 UTILIDAD BRUTA
50,000.00 50,000.00 COSTOS OPERATIVOS
75,000.00 75,000.00 GASTOS DE ADMINISTRACION
8,557,187.50 8,991,296.88 EBITDA
100,000.00 100,000.00 DEPRECIACION
8,457,187.50 8,891,296.88 EBIT
- - INTERESES
8,457,187.50 8,891,296.88 EBT
2,114,296.88 2,222,824.22 IMPUESTOS
6,342,890.63 6,668,472.66 UTILIDAD NETA

FLUJO DE EFECTIVO
6,342,890.63 6,668,472.66 UTILIDAD NETA
100,000.00 100,000.00 DEPRECIACION
- - INVERSION 500,000.00
- - CAP TRABAJO 25,000.00
- - DESEMBOLSOS CREDITOS 350,000.00
- - PAGOS DE CAPITAL
6,442,890.63 6,768,472.66 FLUJO DE CAJA FINANCIERO -175,000.00

88,375.00 88,375.00
 1.00 2.00 3.00 4.00 5.00
11,250,000.00 11,812,500.00 12,403,125.00 13,023,281.25 13,674,445.31
3,750,000.00 3,937,500.00 4,134,375.00 4,341,093.75 4,558,148.44
7,500,000.00 7,875,000.00 8,268,750.00 8,682,187.50 9,116,296.88
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
75,000.00 75,000.00 75,000.00 75,000.00 75,000.00
7,375,000.00 7,750,000.00 8,143,750.00 8,557,187.50 8,991,296.88
100,000.00 100,000.00 100,000.00 100,000.00 100,000.00
7,275,000.00 7,650,000.00 8,043,750.00 8,457,187.50 8,891,296.88
24,500.00 24,500.00 24,500.00 24,500.00 24,500.00
7,250,500.00 7,625,500.00 8,019,250.00 8,432,687.50 8,866,796.88
1,812,625.00 1,906,375.00 2,004,812.50 2,108,171.88 2,216,699.22
5,437,875.00 5,719,125.00 6,014,437.50 6,324,515.63 6,650,097.66

5,437,875.00 5,719,125.00 6,014,437.50 6,324,515.63 6,650,097.66

100,000.00 100,000.00 100,000.00 100,000.00 100,000.00
- - - - -
-
-
70,000.00 70,000.00 70,000.00 70,000.00 70,000.00
5,467,875.00 5,749,125.00 6,044,437.50 6,354,515.63 6,680,097.66
EERR 0 1.00 2.00 3.00 4.00
VENTAS 0 - - - -
COSTO DE VENTAS - - - -
UTILIDAD BRUTA - - - -
COSTOS OPERATIVOS - - - -
GASTOS DE ADMINISTRACION - - - -
EBITDA - - - -
DEPRECIACION - - - -
EBIT - - - -
INTERESES - 24,500.00 - 24,500.00 - 24,500.00 - 24,500.00
EBT 24,500.00 24,500.00 24,500.00 24,500.00
IMPUESTOS 6,125.00 6,125.00 6,125.00 6,125.00
UTILIDAD NETA 18,375.00 18,375.00 18,375.00 18,375.00

FLUJO DE EFECTIVO
UTILIDAD NETA 18,375.00 18,375.00 18,375.00 18,375.00
DEPRECIACION - - - -
INVERSION - - - - -
CAP TRABAJO - - - - -
DESEMBOLSOS CREDITOS - 350,000.00 - - - -
PAGOS DE CAPITAL 70,000.00 70,000.00 70,000.00 70,000.00
FLUJO DE CAJA FINANCIERO - 350,000.00 - 88,375.00 - 88,375.00 - 88,375.00 - 88,375.00
 5.00
-
-
-
-
-
-
-
-
- 24,500.00
24,500.00
6,125.00
18,375.00

18,375.00
-
-
-
-
70,000.00
- 88,375.00
DATOS
PRODUCCION 250,000.00 EERR
PRECIO 45.00 + VENTAS
CU 15.00 - COSTO DE VENTAS
GASTOS DE A 75,000.00 = UTILIDAD BRUTA
COSTOS OPER 50,000.00 - COSTOS OPERATIVOS
DEUDA 350,000.00 - GASTOS DE ADMINISTRACION
INTERES 7% = EBITDA
PLAZO DEL CR5 AÑOS - DEPRECIACION
INVERSIÓN 500,000.00 = EBIT
CAP TRABAJO 25,000.00 - INTERESES
APORTE PROP 150,000.00 = EBT
MADURACION 5 AÑS - IMPUESTOS
TASA DE CRE 5% UTILIDAD NETA

Prod. Año 2 262,500.00 FLUJO DE EFECTIVO

Prod. Año 3 275,625.00 + UTILIDAD NETA
Prod. Año 4 289,406.25 + DEPRECIACION
Prod. Año 5 303,876.56 - INVERSION 500,000.00
- CAP TRABAJO 25,000.00
+ DESEMBOLSOS CREDITOS
- PAGOS DE CAPITAL
= FLUJO DE CAJA LIBRE -525,000.00

FLUJO DE CAJ= FCL-FCF

-350,000.00
 1 2 3 4 5
11,250,000.00 11,812,500.00 12,403,125.00 13,023,281.25 13,674,445.31
3,750,000.00 3,937,500.00 4,134,375.00 4,341,093.75 4,558,148.44
7,500,000.00 7,875,000.00 8,268,750.00 8,682,187.50 9,116,296.88
50,000.00 50,000.00 50,000.00 50,000.00 50,000.00
75,000.00 75,000.00 75,000.00 75,000.00 75,000.00
7,375,000.00 7,750,000.00 8,143,750.00 8,557,187.50 8,991,296.88
100,000.00 100,000.00 100,000.00 100,000.00 100,000.00
7,275,000.00 7,650,000.00 8,043,750.00 8,457,187.50 8,891,296.88
- - - - -
7,275,000.00 7,650,000.00 8,043,750.00 8,457,187.50 8,891,296.88
1,818,750.00 1,912,500.00 2,010,937.50 2,114,296.88 2,222,824.22
5,456,250.00 5,737,500.00 6,032,812.50 6,342,890.63 6,668,472.66

5,456,250.00 5,737,500.00 6,032,812.50 6,342,890.63 6,668,472.66

100,000.00 100,000.00 100,000.00 100,000.00 100,000.00

5,556,250.00 5,837,500.00 6,132,812.50 6,442,890.63 6,768,472.66

88,375.00 88,375.00 88,375.00 88,375.00 88,375.00

EERR 1 2 3
VENTAS 11,250,000.00 11,812,500.00 12,403,125.00
COSTO DE VENTAS 3,750,000.00 3,937,500.00 4,134,375.00
UTILIDAD BRUTA 7,500,000.00 7,875,000.00 8,268,750.00
COSTOS OPERATIVOS 50,000.00 50,000.00 50,000.00
GASTOS DE ADMINISTRACION 75,000.00 75,000.00 75,000.00
EBITDA 7,375,000.00 7,750,000.00 8,143,750.00
DEPRECIACION 100,000.00 100,000.00 100,000.00
EBIT 7,275,000.00 7,650,000.00 8,043,750.00
INTERESES 24,500.00 24,500.00 24,500.00
EBT 7,250,500.00 7,625,500.00 8,019,250.00
IMPUESTOS 1,812,625.00 1,906,375.00 2,004,812.50
UTILIDAD NETA 5,437,875.00 5,719,125.00 6,014,437.50

FLUJO DE EFECTIVO
UTILIDAD NETA - 5,437,875.00 5,719,125.00 6,014,437.50
DEPRECIACION - 100,000.00 100,000.00 100,000.00
INVERSION 500,000.00 - - -
CAP TRABAJO 25,000.00 - - -
DESEMBOLSOS CREDITOS 350,000.00 - - -
PAGOS DE CAPITAL - 70,000.00 70,000.00 70,000.00
FLUJO DE CAJA FINANCIERO - 175,000.00 5,467,875.00 5,749,125.00 6,044,437.50
 4 5
13,023,281.25 13,674,445.31
4,341,093.75 4,558,148.44
8,682,187.50 9,116,296.88
50,000.00 50,000.00
75,000.00 75,000.00
8,557,187.50 8,991,296.88
100,000.00 100,000.00
8,457,187.50 8,891,296.88
24,500.00 24,500.00
8,432,687.50 8,866,796.88
2,108,171.88 2,216,699.22
6,324,515.63 6,650,097.66

6,324,515.63 6,650,097.66
100,000.00 100,000.00
- -
- -
- -
70,000.00 70,000.00
6,354,515.63 6,680,097.66