Datos base

Año base 0
Horizonte de evaluación 10.00 años
Impuesto a la renta 29.50%
Participación de trabajadores 10.00%
Tasa libre de riesgo 5.10%
Retorno esperado de mercado 11.00%
Beta negocio 0.43
Prima riesgo país 1.90%
Deuda potencial 12.79%
TEA 8.50%
Plazo repago 7.00 años
Periodo Gracia 1.00 parcial, intereses
Plazo de PG 2.00 años
Inflación esperada año 1 2.10%
Crecimiento PBI 1.90%
Devaluación 1.45%
Inflación USA 1.10%

Plan de inversiones
Las reposiciones se deben realizar para garantizar la continuidad operativa del negocio
USD VU (años) Reposiciones V.Liquidación 1 V.Liquidación 2 Cronograma
Activos Fijos 0
AF 1 100,000.00 12.00 1.20 0.05 0.15 10%
AF 2 40,000.00 3.00 1.05 0.02 0.10 50%
AF 3 20,000.00 4.00 1.10 0.35 0.25 35%

Gastos Pre Operativos 10,000.00 8.00 0%

Periodo de Inversion 2.00 años

0 1 2 3 4 5
Periodo de Inversion
Periodo de O&M

Plan de ventas
0 1 2 3 4 5
Demanda potencial (unid) 85,000.00 S/ 89,250.00 S/ 93,712.00 S/ 98,397.00 S/ 102,332.00 S/ 106,425.00
Crecimiento 5.00% 5.00% 5.00% 4.00% 4.00%
Participación de mercado 0.00% 0.00% 15.00% 20.00% 45.00%

PVU 10.00 10.00 10.00 10.21 10.42 10.64

Crecimiento 0.00% 0.00% 2.10% 2.10% 2.10%

Política comercial 0 1 2 3 4 5
Ventas contado 45.00% 80.00% 35.00%
Ventas a crédito 55.00% 20.00% 65.00%
Periodo cobranza (días) 60.0 60.0 60.0

Estructura de costos
Apalancamiento operativo
Costos Desembolsables
Costo de venta 70.00% Ventas
Remuneraciones 20,000.0 2.00% Var% Anual
Gastos de administración 15,000.0 1.50% Var% Anual
Gastos de comercialización 5.00%

Política proveedores 0 1 2 3 4 5
Compras contado 55.00% 55.00% 35.00%
Compras a crédito 45.00% 45.00% 65.00%
Periodo pagos (días) 90.0 90.0 90.0
ESTRUCTURA DE COMPRAS
 1 2 Total
30% 60.00% 100.00%
15% 35.00% 100.00%
25% 40.00% 100.00%

85% 15.00% 100.00%

6 7 8 9 10
 6 7 8 9 10
S/ 110,682.00 S/ 114,002.00 S/ 117,422.00 S/ 120,944.00 S/ 123,362.00
4.00% 3.00% 3.00% 3.00% 2.00%
45.00% 45.00% 30.00% 25.00% 15.00%

10.86 11.09 11.26 11.43 11.60

2.10% 2.10% 1.50% 1.50% 1.50%

6 7 8 9 10
45.00% 34.00% 455.00% 20.00% 90.00%
55.00% 66.00% -355.00% 80.00% 10.00%
60.0 60.0 60.0 60.0 60.0

6 7 8 9 10
35.00% 35.00% 35.00% 35.00% 35.00%
65.00% 65.00% 65.00% 65.00% 65.00%

90.0 90.0 90.0 90.0 90.0

MÓDULO DE INVERSIONES
0 1 2 3
Flujo de Inversiones y Reposiciones
AF 1 10,000.0 30,000.0 60,000.0
AF 2 20,000.0 6,000.0 14,000.0
AF 3 7,000.0 5,000.0 8,000.0
Gastos Pre Operativos 0.0 8,500.0 1,500.0
Total Inversiones 37,000.0 49,500.0 83,500.0 0.0

Flujo de Depreciación / Amortización

AF 1 8,333.3
AF 2 13,333.3
AF 3 5,000.0
Gastos Pre Operativos 1,250.0
Total D&A 0.0 0.0 0.0 27,916.7

Valor en Libros
AF 1
AF 2
AF 3
Gastos Pre Operativos
Total Valor en libros 0.0 0.0 0.0 0.0

Valor Liquidación
AF 1
AF 2
AF 3
Gastos Pre Operativos
Total Valor Liquidación 0.0 0.0 0.0 0.0

Activos fijos netos

Saldo inicial 0.0 37,000.0 86,500.0 170,000.0
Inversiones y reposiciones 37,000.0 49,500.0 83,500.0 0.0
Depreciación & Vlibros 0.0 0.0 0.0 -27,916.7
Saldo final 37,000.0 86,500.0 170,000.0 142,083.3

MÓDULO DE VENTAS

0 1 2 3
Unidades vendidas 0.00 0.0 0.0 14,759.0
PUV 10.00 10.00 10.00 10.21
Venta 0.00 0.00 0.00 150,689.39

Ventas proporcionales
0 1 2 3
ene 8.33% 12,557.4
feb 8.33% 12,557.4
mar 8.33% 12,557.4
abr 8.33% 12,557.4
may 8.33% 12,557.4
jun 8.33% 12,557.4
jul 8.33% 12,557.4
ago 8.33% 12,557.4
sep 8.33% 12,557.4
oct 8.33% 12,557.4
nov 8.33% 12,557.4
dic 8.33% 12,557.4
100.00% S/ 150,689.39
Ventas al contado - cobranza 1
0 1 2 3
ene 5,650.9
feb 5,650.9
mar 12,557.4
abr 12,557.4
may 12,557.4
jun 12,557.4
jul 12,557.4
ago 12,557.4
sep 12,557.4
oct 12,557.4
nov 12,557.4
dic 12,557.4
0.0 0.0 0.0 136,876.2

136,876.2

Ventas estacionales
0 1 2 3
ene 0.00% 0.0
feb 0.00% 0.0
mar 0.00% 0.0
abr 0.00% 0.0
may 0.00% 0.0
jun 0.00% 0.0
jul 0.00% 0.0
ago 20.00% 30,137.9
sep 20.00% 30,137.9
oct 20.00% 30,137.9
nov 20.00% 30,137.9
dic 20.00% 30,137.9
100.00% 0.00% 0.00% 0.00% S/ 150,689.39
Venta al contado - cobranza 2
0 1 2 3
ene 0.0
feb 0.0
mar 0.0
abr 0.0
may 0.0
jun 0.0
jul 0.0
ago 13,562.0
sep 13,562.0
oct 30,137.9
nov 30,137.9
dic 30,137.9
117,537.7

117,537.7

VENTAS PROPORCIONAL
800,000.00
700,000.00
600,000.00
500,000.00
400,000.00
 VENTAS PROPORCIONAL
800,000.00
700,000.00
600,000.00
500,000.00
400,000.00
300,000.00
200,000.00
100,000.00
0.00
1 2 3 4 5 6 7 8

Ventas Proporcionales cobra

MÓDULO DE COSTOS

0 1 2 3
Costo de venta 0.00 0.00 0.00 105,482.6
Remuneraciones 0.00 0.00 0.00 20,000.0
Gastos de administración 0.00 0.00 0.00 15,000.0
Gastos de comercialización 0.00 0.00 0.00 7,534.47
Total Costos Desembolsables 0.00 0.00 0.00 148,017.04

Compras proporcionales
0 1 2 3
ene 8.33% 6,784.1
feb 8.33% 6,784.1
mar 8.33% 6,784.1
abr 8.33% 12,334.8
may 8.33% 12,334.8
jun 8.33% 12,334.8
jul 8.33% 12,334.8
ago 8.33% 12,334.8
sep 8.33% 12,334.8
oct 8.33% 12,334.8
nov 8.33% 12,334.8
dic 8.33% 12,334.8
100.00% 131,365.1

131,365.1

Compras estacionales
Costo variables / costo de venta
0 1 2 3
ene 0.00% 0.0 0.0 0.0 0.0
feb 0.00% 0.0 0.0 0.0 0.0
mar 0.00% 0.0 0.0 0.0 0.0
abr 0.00% 0.0 0.0 0.0 0.0
may 0.00% 0.0 0.0 0.0 0.0
jun 0.00% 0.0 0.0 0.0 0.0
jul 0.00% 0.0 0.0 0.0 0.0
ago 20.00% 0.0 0.0 0.0 21,096.5
sep 20.00% 0.0 0.0 0.0 21,096.5
oct 20.00% 0.0 0.0 0.0 21,096.5
nov 20.00% 0.0 0.0 0.0 21,096.5
dic 20.00% 0.0 0.0 0.0 21,096.5
100.00% 0.0 0.0 0.0 105,482.6

Egresos variables / costo de venta

 0 1 2 3
ene 0.00% 0.0 0.0 0.0 0.0
feb 0.00% 0.0 0.0 0.0 0.0
mar 0.00% 0.0 0.0 0.0 0.0
abr 0.00% 0.0 0.0 0.0 0.0
may 0.00% 0.0 0.0 0.0 0.0
jun 0.00% 0.0 0.0 0.0 0.0
jul 0.00% 0.0 0.0 0.0 0.0
ago 20.00% 0.0 0.0 0.0 11,603.1
sep 20.00% 0.0 0.0 0.0 11,603.1
oct 20.00% 0.0 0.0 0.0 11,603.1
nov 20.00% 0.0 0.0 0.0 21,096.5
dic 20.00% 0.0 0.0 0.0 21,096.5
100.00% 0.0 0.0 0.0 77,002.3

Egresos variables / gasto comercialización / pago contado

0 1 2 3
ene 0.00% 0.0 0.0 0.0 0.0
feb 0.00% 0.0 0.0 0.0 0.0
mar 0.00% 0.0 0.0 0.0 0.0
abr 0.00% 0.0 0.0 0.0 0.0
may 0.00% 0.0 0.0 0.0 0.0
jun 0.00% 0.0 0.0 0.0 0.0
jul 0.00% 0.0 0.0 0.0 0.0
ago 20.00% 0.0 0.0 0.0 1,506.9
sep 20.00% 0.0 0.0 0.0 1,506.9
oct 20.00% 0.0 0.0 0.0 1,506.9
nov 20.00% 0.0 0.0 0.0 1,506.9
dic 20.00% 0.0 0.0 0.0 1,506.9
100.00% 0.0 0.0 0.0 7,534.5

Egresos fijos / Pagos contado Proporcionales 0 1 2 3

ene 8.33% 0.0 0.0 0.0 2,916.7
feb 8.33% 0.0 0.0 0.0 2,916.7
mar 8.33% 0.0 0.0 0.0 2,916.7
abr 8.33% 0.0 0.0 0.0 2,916.7
may 8.33% 0.0 0.0 0.0 2,916.7
jun 8.33% 0.0 0.0 0.0 2,916.7
jul 8.33% 0.0 0.0 0.0 2,916.7
ago 8.33% 0.0 0.0 0.0 2,916.7
sep 8.33% 0.0 0.0 0.0 2,916.7
oct 8.33% 0.0 0.0 0.0 2,916.7
nov 8.33% 0.0 0.0 0.0 2,916.7
dic 8.33% 0.0 0.0 0.0 2,916.7
100.00% 0.0 0.0 0.0 35,000.0

Egresos totales 0 1 2 3
ene 0.0 0.0 0.0 2,916.7
feb 0.0 0.0 0.0 2,916.7
mar 0.0 0.0 0.0 2,916.7
abr 0.0 0.0 0.0 2,916.7
may 0.0 0.0 0.0 2,916.7
jun 0.0 0.0 0.0 2,916.7
jul 0.0 0.0 0.0 2,916.7
ago 0.0 0.0 0.0 16,026.6
sep 0.0 0.0 0.0 16,026.6
oct 0.0 0.0 0.0 16,026.6
nov 0.0 0.0 0.0 25,520.1
dic 0.0 0.0 0.0 25,520.1
0.0 0.0 0.0 119,536.7

MÓDULO DE CAPITAL DE TRABAJO

Capital de Trabajo
Ventas proporcionales
Stock de CxC 0 1 2 3
Saldo inicial 0.0 0.0 0.0 0.0
Ventas 0.0 0.0 0.0 150,689.4
Cobranza 0.0 0.0 0.0 -136,876.2
Saldo final 0.0 0.0 0.0 13,813.2

Stock de CxP 0 1 2 3
Saldo inicial 0.0 0.0 0.0 0.0
Costos Desembolsables 0.0 0.0 0.0 148,017.0
Pagos 0.0 0.0 0.0 -131,365.1
Saldo final 0.0 0.0 0.0 16,651.9

Capital de trabajo 0.0 0.0 0.0 -2,838.7

Necesidad de capital de trabajo 0 0.0 0.0 -2,838.7

Ventas estacionales
Stock de CxC 0 1 2 3
Saldo inicial 0.0 0.0 0.0 0.0
Ventas 0.0 0.0 0.0 150,689.4
Cobranza 0.0 0.0 0.0 -117,537.7
Saldo final 0.0 0.0 0.0 33,151.7

Stock de CxP 0 1 2 3
Saldo inicial 0.0 0.0 0.0 0.0
Costos Desembolsables 0.0 0.0 0.0 148,017.0
Pagos 0.0 0.0 0.0 -119,536.7
Saldo final 0.0 0.0 0.0 28,480.3

Capital de trabajo 0.0 0.0 0.0 4,671.4

Necesidad de capital de trabajo 0 0.0 0.0 4,671.4

MÓDULO DE FINANCIAMIENTO

0 1 2 3
FC Financiamiento
Desemolsos 4,731.2 6,329.6 10,677.1
Servicio de la deuda -402.2 -940.2 -5,516.3
Amortización 0.0 0.0 -3,668.6
Intereses -402.2 -940.2 -1,847.7

Saldo deudor 4,731.2 11,060.7 21,737.9 18,069.3

Check

MÓDULOS DE STOCK

Stock de Caja 0 1 2 3
Saldo inicial
Flujo Caja Financiero
Aportes de capital
Recuperación de aportes
Dividendos
Saldo final

Stock de Capital Social 0 1 2 3

Saldo inicial
Aportes de capital
Recuperación de aportes
Saldo final

Stock de Resultados Acumulados 0 1 2 3

Saldo inicial
Utilidad neta
Dividendos
Saldo final
 4 5 6 7 8 9 10

42,000.0 44,100.0
22,000.0

0.0 42,000.0 22,000.0 0.0 44,100.0 0.0 0.0

8,333.3 8,333.3 8,333.3 8,333.3 8,333.3 8,333.3 8,333.3

13,333.3 13,333.3 14,000.0 14,000.0 14,000.0 14,700.0 14,700.0
5,000.0 5,000.0 5,000.0 5,500.0 5,500.0 5,500.0 5,500.0
1,250.0 1,250.0 1,250.0 1,250.0 1,250.0 1,250.0 1,250.0
27,916.7 27,916.7 28,583.3 29,083.3 29,083.3 29,783.3 29,783.3

33,333.3
14,700.0
0.0
0.0
0.0 0.0 0.0 0.0 0.0 0.0 48,033.3

15,000.0
800.0 840.0 4,410.0
7,000.0 5,500.0

0.0 800.0 7,000.0 0.0 840.0 0.0 24,910.0

142,083.3 114,166.7 128,250.0 121,666.7 92,583.3 107,600.0 77,816.7

0.0 42,000.0 22,000.0 0.0 44,100.0 0.0 0.0
-27,916.7 -27,916.7 -28,583.3 -29,083.3 -29,083.3 -29,783.3 -77,816.7
114,166.7 128,250.0 121,666.7 92,583.3 107,600.0 77,816.7 0.0

4 5 6 7 8 9 10
20,466.0 47,891.0 49,806.0 51,300.0 35,226.0 30,236.0 18,504.0
10.42 10.64 10.86 11.09 11.26 11.43 11.60
213,255.72 509,560.24 540,893.16 568,917.00 396,644.76 345,597.48 214,646.40

4 5 6 7 8 9 10
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
 17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
S/ 213,255.72 S/ 509,560.24 S/ 540,893.16 S/ 568,917.00 S/ 396,644.76 S/ 345,597.48 S/ 214,646.40

4 5 6 7 8 9 10
21,123.6 18,416.4 47,884.7 40,910.3 181,684.9 -111,580.8 39,138.3
21,123.6 18,416.4 47,884.7 40,910.3 181,684.9 -111,580.8 39,138.3
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
17,771.3 42,463.4 45,074.4 47,409.8 33,053.7 28,799.8 17,887.2
219,960.4 461,466.4 546,513.6 555,918.0 693,907.1 64,836.3 257,148.6

219,960.4 461,466.4 546,513.6 555,918.0 693,907.1 64,836.3 257,148.6

4 5 6 7 8 9 10
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
S/ 213,255.72 S/ 509,560.24 S/ 540,893.16 S/ 568,917.00 S/ 396,644.76 S/ 345,597.48 S/ 214,646.40

4 5 6 7 8 9 10
16,575.8 8,530.2 66,242.8 59,498.2 75,097.0 -281,617.8 55,295.6
16,575.8 8,530.2 66,242.8 59,498.2 75,097.0 -281,617.8 55,295.6
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
34,120.9 35,669.2 48,680.4 38,686.4 360,946.7 13,823.9 38,636.4
34,120.9 35,669.2 48,680.4 38,686.4 360,946.7 13,823.9 38,636.4
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
42,651.1 101,912.0 108,178.6 113,783.4 79,329.0 69,119.5 42,929.3
229,346.9 394,135.0 554,382.3 537,719.4 1,110,074.4 -328,229.3 316,651.7

229,346.9 394,135.0 554,382.3 537,719.4 1,110,074.4 -328,229.3 316,651.7

TAS PROPORCIONALES VENTAS ESTACIONALES

600,000.00
500,000.00
400,000.00
300,000.00
TAS PROPORCIONALES VENTAS ESTACIONALES
600,000.00
500,000.00
400,000.00
300,000.00
200,000.00
100,000.00
0.00
3 4 5 6 7 8 9 10 11 1 2 3 4 5 6 7 8 9 10 11

ntas Proporcionales cobranza 1 Ventas Estacionales Row 92

4 5 6 7 8 9 10
149,279.0 356,692.2 378,625.2 398,241.9 277,651.3 241,918.2 150,252.5
20,400.0 20,808.0 21,224.2 21,648.6 22,081.6 22,523.2 22,973.7
15,225.0 15,453.4 15,685.2 15,920.5 16,159.3 16,401.6 16,647.7
10,662.79 25,478.01 27,044.66 28,445.85 19,832.24 17,279.87 10,732.32
195,566.79 418,431.56 442,579.21 464,256.85 335,724.45 298,123.01 200,606.19

4 5 6 7 8 9 10
14,514.1 19,538.0 35,573.6 37,513.9 34,939.2 26,880.3 21,999.3
14,514.1 19,538.0 35,573.6 37,513.9 34,939.2 26,880.3 21,999.3
14,514.1 19,538.0 35,573.6 37,513.9 34,939.2 26,880.3 21,999.3
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
16,297.2 34,869.3 36,881.6 38,688.1 27,977.0 24,843.6 16,717.2
190,217.4 372,437.7 438,655.2 460,734.2 356,611.0 304,233.2 216,452.7

190,217.4 372,437.7 438,655.2 460,734.2 356,611.0 304,233.2 216,452.7

4 5 6 7 8 9 10
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
149,279.0 356,692.2 378,625.2 398,241.9 277,651.3 241,918.2 150,252.5
 4 5 6 7 8 9 10
9,493.4 13,435.1 46,370.0 49,221.3 51,771.4 36,094.7 31,449.4
9,493.4 13,435.1 46,370.0 49,221.3 51,771.4 36,094.7 31,449.4
9,493.4 13,435.1 46,370.0 49,221.3 51,771.4 36,094.7 31,449.4
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
16,420.7 24,968.5 26,503.8 27,876.9 19,435.6 16,934.3 10,517.7
16,420.7 24,968.5 26,503.8 27,876.9 19,435.6 16,934.3 10,517.7
16,420.7 24,968.5 26,503.8 27,876.9 19,435.6 16,934.3 10,517.7
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
29,855.8 71,338.4 75,725.0 79,648.4 55,530.3 48,383.6 30,050.5
137,454.0 257,887.6 370,071.3 390,591.4 324,681.7 255,854.1 186,002.1

4 5 6 7 8 9 10
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0
2,132.6 5,095.6 5,408.9 5,689.2 3,966.4 3,456.0 2,146.5
2,132.6 5,095.6 5,408.9 5,689.2 3,966.4 3,456.0 2,146.5
2,132.6 5,095.6 5,408.9 5,689.2 3,966.4 3,456.0 2,146.5
2,132.6 5,095.6 5,408.9 5,689.2 3,966.4 3,456.0 2,146.5
2,132.6 5,095.6 5,408.9 5,689.2 3,966.4 3,456.0 2,146.5
10,662.8 25,478.0 27,044.7 28,445.9 19,832.2 17,279.9 10,732.3

4 5 6 7 8 9 10
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
35,625.0 36,261.4 36,909.3 37,569.1 38,240.9 38,924.9 39,621.4

4 5 6 7 8 9 10
12,462.2 16,456.9 49,445.8 52,352.0 54,958.2 39,338.4 34,751.2
12,462.2 16,456.9 49,445.8 52,352.0 54,958.2 39,338.4 34,751.2
12,462.2 16,456.9 49,445.8 52,352.0 54,958.2 39,338.4 34,751.2
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
2,968.8 3,021.8 3,075.8 3,130.8 3,186.7 3,243.7 3,301.8
21,522.0 33,085.8 34,988.5 36,696.9 26,588.8 23,634.0 15,965.9
21,522.0 33,085.8 34,988.5 36,696.9 26,588.8 23,634.0 15,965.9
21,522.0 33,085.8 34,988.5 36,696.9 26,588.8 23,634.0 15,965.9
 34,957.1 79,455.8 84,209.8 88,468.3 62,683.5 55,083.4 35,498.7
34,957.1 79,455.8 84,209.8 88,468.3 62,683.5 55,083.4 35,498.7
183,741.8 319,626.9 434,025.3 456,606.3 382,754.8 312,058.9 236,355.8

4 5 6 7 8 9 10
13,813.2 7,108.5 55,202.4 49,581.9 62,580.9 -234,681.5 46,079.7
213,255.7 509,560.2 540,893.2 568,917.0 396,644.8 345,597.5 214,646.4
-219,960.4 -461,466.4 -546,513.6 -555,918.0 -693,907.1 -64,836.3 -257,148.6
7,108.5 55,202.4 49,581.9 62,580.9 -234,681.5 46,079.7 3,577.4

4 5 6 7 8 9 10
16,651.9 22,001.3 67,995.1 71,919.1 75,441.7 54,555.2 48,445.0
195,566.8 418,431.6 442,579.2 464,256.8 335,724.4 298,123.0 200,606.2
-190,217.4 -372,437.7 -438,655.2 -460,734.2 -356,611.0 -304,233.2 -216,452.7
22,001.3 67,995.1 71,919.1 75,441.7 54,555.2 48,445.0 32,598.5

-14,892.7 -12,792.8 -22,337.2 -12,860.9 -289,236.7 -2,365.3 -29,021.1

-12,054.0 2,100.0 -9,544.5 9,476.4 -276,375.8 286,871.4 -26,655.7

4 5 6 7 8 9 10
33,151.7 17,060.5 132,485.7 118,996.5 150,194.1 -563,235.6 110,591.2
213,255.7 509,560.2 540,893.2 568,917.0 396,644.8 345,597.5 214,646.4
-229,346.9 -394,135.0 -554,382.3 -537,719.4 -1,110,074.4 328,229.3 -316,651.7
17,060.5 132,485.7 118,996.5 150,194.1 -563,235.6 110,591.2 8,585.9

4 5 6 7 8 9 10
28,480.3 40,305.3 139,109.9 147,663.8 155,314.3 108,284.0 94,348.1
195,566.8 418,431.6 442,579.2 464,256.8 335,724.4 298,123.0 200,606.2
-183,741.8 -319,626.9 -434,025.3 -456,606.3 -382,754.8 -312,058.9 -236,355.8
40,305.3 139,109.9 147,663.8 155,314.3 108,284.0 94,348.1 58,598.5

-23,244.9 -6,624.3 -28,667.3 -5,120.3 -671,519.6 16,243.1 -50,012.6

-27,916.2 16,620.6 -22,043.1 23,547.1 -666,399.3 687,762.7 -66,255.7

4 5 6 7 8 9 10

-5,516.3 -5,516.3 -5,516.3 -5,516.3 0.0 0.0 0.0

-3,980.4 -4,318.8 -4,685.9 -5,084.2 0.0 0.0 0.0
-1,535.9 -1,197.5 -830.5 -432.2 0.0 0.0 0.0

14,088.8 9,770.0 5,084.2 0.0 0.0 0.0 0.0

4 5 6 7 8 9 10
4 5 6 7 8 9 10

4 5 6 7 8 9 10
 S/ 2,940,204.15

1,788.7
1,788.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3,577.4 2,940,204.2

3,577.4 2,940,204.2

2,940,204.2

4,292.9
4,292.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8,585.9 2,940,204.2

8,585.9 2,940,204.2

ALES
ALES

7 8 9 10 11

Row 92

2,503,305.1

10,866.2
10,866.2
10,866.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
32,598.5 2,503,305.1

32,598.5 2,503,305.1

2,058,142.9
 11
19,532.8
19,532.8
19,532.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
58,598.5 2,058,142.9

147,010.2

298,152.0

11
19,532.8
19,532.8
19,532.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
 0.0
0.0
58,598.5 2,503,305.1

11
3,577.4
0.0
-3,577.4
0.0

11
32,598.5
0.0
-32,598.5
0.0

0.0
29,021.1 0.0

11
8,585.9
0.0
-8,585.9
0.0

11
58,598.5
0.0
-58,598.5
0.0

0.0
50,012.6 0.0
 ESTADO DE RESULTADOS
0 1 2 3 4 5

Ventas
Costo de ventas
Utilidad bruta
Remuneraciones
Gastos de administración
Gastos de comercialización
EBITDA
Depreciación
Utilidad operativa
Ventas extraordinarias
Valor en libros
Utilidad antes de interes e impuestos
Gastos financieros
Utilidad antes de impuestos
Arrastre pérdidas
Base imponible
Participación de trabajadores
Impuesto a la renta
0.0 Utilidad Económica neta

Utilidad antes de interes e impuestos

Gastos financieros
Utilidad antes de impuestos
Arrastre pérdidas
Base imponible
Participación de trabajadores
Impuesto a la renta
0.0 Utilidad neta

Escudo tributario de la deuda

FLUJO DE CAJA

Cobranzas
Egresos operativos
Impuestos
 FC Operativo
Activos fijos
Valor de liquidación

0.0 FC Económico / Proyecto

TIRE

Desembolsos
Escudo tributario de la deuda
Servicio de la deuda
FC Financiamiento

0.0 FC Financiero

TIRF

Aportes de capital
Recuperación de aportes
Dividendos
0.0 FC Accionista

TIR Accionista

Check financiero
Check económico
Check ESF
Check Accionista

ESTADO DE SITUACIÓN FINANCIERA

Activos
Caja
Capital de trabajo
Activos fijos netos

Total Activos

Pasivo
Deuda

Total Pasivo
Patrimonio
Capital social
Resultados acumulados

Total Patrimonio

Total Pasivo y Patrimonio

Equilibrio

D/C
D/C promedio

INDICADORES

DSCR
ROI
ROE
WACC
TIR E
TIR F
wD
wC

VAN Proyecto
VANE
VANF
6 7 8 9 10