Calculando tasa de crecimiento de la población

R=
sa de crecimiento de la población Proyeccion de poblacion en
Años
= 0.50 2023
2024
2025
2026
2027
2028

Por lo tanto, la proyección de la

asumiendo una tasa de crecimie
aproximadamente 90,078 para e
segundo año, 202,676 para el ter
cuarto año, y 456,022 para el qu
Es importante tener en cuenta q
estimadas y que pueden variar d
factores como cambios en la tasa
demográficos, etc.
 Proyeccion de poblacion en 5 años, 2023 - 2028
Poblacion Población proyectada
60,052 90078
90,078 180156
180,156 270234
270,234 360312
360,312 450390
450,390 450,390

Por lo tanto, la proyección de la población para cada año,

asumiendo una tasa de crecimiento del 50%, sería de
aproximadamente 90,078 para el primer año, 135,117 para el
segundo año, 202,676 para el tercer año, 304,015 para el
cuarto año, y 456,022 para el quinto año.
Es importante tener en cuenta que estas son proyecciones
estimadas y que pueden variar dependiendo de diferentes
factores como cambios en la tasa de crecimiento, eventos
demográficos, etc.
 Pronostico de la demanda de sistemas GPS 2023-2028
Año Población Demanda
2023 60,052 47,861
2024 90,078 71,792
2025 180,156 143,584
2026 270,234 215,376
2027 360,312 287,169
2028 450,390 358,961

Proyección de la oferta 2023-2028

Año Población Oferta
2023 60,052 12,191
2024 90,078 18,286
2025 180,156 36,572
2026 270,234 54,858
2027 360,312 73,143
2028 450,390 91,429
 DPI del servicio, periodo 2023
Año Demanda
2023 47,861
2024 71,792
2025 143,584
2026 215,376
2027 287,169
2028 358,961

DPI final 40%, periodo 2023-2029

Año DPI 100%
2023 35,670
2024 53,506
2025 107,012
2026 160,518
2027 214,026
2028 267,532
icio, periodo 2023-2028
Oferta Deficit/DPI
12,191 35,670
18,286 53,506
36,572 107,012
54,858 160,518
73,143 214,026
91,429 267,532

odo 2023-2029
DPI 10% DPI mensual Plan bussnies Plan pymePlan person
3,567 297 1,284 1,131 1,131
5,351 446 1,926 1,696 1,696
10,701 892 3,852 3,392 3,392
16,052 1,338 5,779 5,088 5,088
21,403 1,784 7,705 6,785 6,785
26,753 2,229 9,631 8,481 8,481
GPS
21
32
64
96
128
160
 Cpu Nucleos
1 32
Memoria Gb Disponibles
1 64

Plan Bussiness Plan Pymess

Nucleos Cantidad Nucleos
6 15 5
Total Cpu 2.50 Total Cpu
Ram Cantidad Ram
6 15 4
Total Ram 3 Total Ram

Plan Personal Gps

Nucleos Cantidad Nucleos
3 20 2
Total Cpu 6.67 Total Cpu
Ram Cantidad Ram
3 20 2
Total Ram 6.67 Total Ram

Mensual
Ram Y CPU
Nucleos Ram Producto %
6 6 Plan Bussiness 80.00%
4 4 Plan Pymess 53.33%
3 3 Plan Personal 40.00%
2 2 Gps 26.67%
Total 15 15.00 200%
 Capacidad
Plan Bussiness 15.00
Plan Pymess 20.00
Plan Personal 20.00
Gps 40.00
Total 95.00

Plan Pymess
Cantidad
20
4
Cantidad
20
5

Gps
Cantidad
20
10
Cantidad
40
20

Precio
cantidad producto
120 C$8,738.40
216 C$4,369.20
320 C$2,184.60
720 C$1,310.76
1,376 C$16,602.96
Micro

Factores relevante CALIFICACION

Número
Peso asignado
del factor DISTRITO II Distrito IV Distrito V
1 0.25 9 9 6
2 0.2 9 9 6
3 0.25 4 5 5
4 0.15 7 7 5
5 0.15 9 9 6
Total 1 38 39 28

Macro

CALIFICACION
Factores relevante
DIRIA MANAGUA CORINTO
Número Calificación Calificación
Peso asignado Calificación 1-10
del factor Ponderada 1-10
1 0.25 8 9 8
2 0.2 6 8 7
3 0.2 8 6 8
4 0.1 8 8 8
5 0.25 6 6 6
Total 1 36 37 37
 CALIFICACION PONDERADA

DISTRITO II Distrito IV Distrito V

2.25 2.25 1.5
1.8 1.8 1.2
1 1.25 1.25
1.05 1.05 0.75
1.35 1.35 0.9
7.45 7.7 5.6

CALIFICACION PONDERADA
DIRIA MANAGUA CORINTO
Calificación Calificación Calificación
Ponderada 1-10 Ponderada
2 2.25 2
1.2 1.6 1.4
1.6 1.2 1.6
0.8 0.8 0.8
1.5 1.5 1.5
7.1 7.35 7.3
 Costo Total Unitario
Plan Bussiness C$6,279.88
Año % Plan Pymess C$6,279.88
2018 4.95% Plan Personal C$6,279.88
2019 5.38 GPS C$6,279.88
2020 3.68%
2021 4.92%
2022 8.71%
13.32%
Precio proyecta
2024 2025
Plan Bussiness C$7,535.86 C$8,539.96
Plan Pymess C$7,221.86 C$8,184.12
Plan Personal C$6,907.87 C$7,828.29
GPS C$6,593.87 C$7,472.46
 MU Precio
0.20 C$7,535.86
0.15 C$7,221.86
0.10 C$6,907.87
0.05 C$6,593.87

Precio proyectado
2026 2027 2028
C$9,677.84 C$10,967.35 C$12,428.67
C$9,274.60 C$10,510.37 C$11,910.80
C$8,871.36 C$10,053.40 C$11,392.94
C$8,468.11 C$9,596.43 C$10,875.08
 Nombre del Salario Días Salario Devengado
empleado básico liquidados devengado
Costo de admin, RRHH y Finanzas
Alta Gerencia C$15,000.00 30 C$15,000.00
Resp. Control de calidad C$12,000.00 30 C$13,498.46
Responsable Admin C$12,000.00 30 C$12,000.00
Contador C$9,000.00 30 C$9,000.00
Resp.RRHH C$12,000.00 30 C$12,000.00
Area Informatica
Resp. De Informatica C$9,500.44 30 C$9,500.44
Personal de procesamiento de datos C$5,936.34 30 C$5,936.34
Personal de procesamiento de datos C$5,936.34 30 C$5,936.34
Personal de Base de datos C$5,936.34 20 C$5,936.34
Personal de Base de datos C$5,936.34 30 C$5,936.34
Personal de soporte tecnico C$5,936.34 30 C$5,936.34
Personal de soporte tecnico C$5,936.34 30 C$5,936.34
Area de Proyectos
Responsable de Proyectos C$7,200.00 30 C$7,200.00
Vice responsable de proyectos C$6,189.23 30 C$6,189.23
Personal temporal de proyectos C$6,189.23 30 C$6,189.23
Area de Transporte
Responsable de Transporte C$9,000.00 30 C$9,000.00
Conductor C$8,097.84 30 C$8,097.84
Ayudante C$5,936.34 30 C$5,936.34
Totales C$149,229.58
ngado
Horas Deducciones
extras Vacaiones(x mes) Treceavo mes INSS IR Inatec

C$62.50 C$193.80 C$15,000.00 938 C$2,250.00 C$300.00

C$50.00 C$155.04 C$13,498.46 750 C$1,800.00 C$240.00
C$50.00 C$155.04 C$12,000.00 750 C$1,800.00 C$240.00
C$37.50 C$116.28 C$9,000.00 563 C$1,350.00 C$180.00
C$50.00 C$155.04 C$12,000.00 750 C$1,800.00 C$240.00
0 0
C$79.17 C$126.67 C$9,500.44 C$665.03 C$75.31 C$190.01
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
C$49.47 C$79.15 C$5,936.34 C$415.54 0 C$118.73
0 0
C$30.00 C$93.02 C$7,200.00 450 0 C$144.00
C$25.79 C$79.96 C$6,189.23 387 0 C$123.78
C$25.79 C$79.96 C$6,189.23 387 0 C$123.78
0 0
C$37.50 C$116.28 C$9,000.00 563 C$562.50 C$180.00
C$33.74 C$104.62 C$8,097.84 506 0 C$161.96
C$24.73 C$76.70 C$5,936.34 371 0 C$118.73
C$803.54 C$1,927.32 C$149,229.58 C$9,571.58 C$9,637.81 C$2,954.62
 Neto
pagado INSS PATRONAL

C$11,512.50 C$3,225.00
C$9,210.00 C$2,902.17
C$9,210.00 C$2,580.00
C$6,907.50 C$1,935.00
C$9,210.00 C$2,580.00
C$0.00 C$552,600.00
C$8,570.09 C$2,042.59
C$5,402.07 C$1,276.31
C$5,402.07 C$1,276.31
C$5,402.07 C$1,276.31
C$5,402.07 C$1,276.31
C$5,402.07 C$1,276.31
C$5,402.07 C$1,276.31
C$0.00 0 C$491,790.08
C$6,606.00 C$1,548.00
C$5,678.62 C$1,330.68
C$5,678.62 C$1,330.68
C$0.00 0 C$215,558.84
C$7,695.00 C$1,935.00
C$7,429.77 C$1,741.04
C$5,446.59 C$1,276.31
C$125,567.10 C$32,084.36 C$246,856.32

C$59,428.18
 Tabla para calcular el Ir a descontar del sueldo de manera Mensual
Nombre del Salario
empleado básico INSS 7% Salario - INSS Salario Anual
Costo de admin, RRHH y Finanzas
Alta Gerencia C$15,000.00 C$1,050.00 C$13,950.00 C$167,400.00
Resp. Control de calidad C$12,000.00 C$840.00 C$11,160.00 C$133,920.00
Responsable Admin C$12,000.00 C$840.00 C$11,160.00 C$133,920.00
Contador C$9,000.00 C$630.00 C$8,370.00 C$100,440.00
Resp.RRHH C$12,000.00 C$840.00 C$11,160.00 C$133,920.00
Area Informatica
Resp. De Informatica C$9,500.44 C$665.03 C$8,835.41 C$106,024.91
Personal de procesamiento de datos C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Personal de procesamiento de datos C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Personal de Base de datos C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Personal de Base de datos C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Personal de soporte tecnico C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Personal de soporte tecnico C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
Area de Proyectos
Responsable de Proyectos C$7,200.00 C$504.00 C$6,696.00 C$80,352.00
Vice responsable de proyectos C$6,189.23 C$433.25 C$5,755.98 C$69,071.81
Personal temporal de proyectos C$6,189.23 C$433.25 C$5,755.98 C$69,071.81
Area de Transporte C$0.00
Responsable de Transporte C$9,000.00 C$630.00 C$8,370.00 C$100,440.00
Conductor C$8,097.84 C$566.85 C$7,530.99 C$90,371.89
Ayudante C$5,936.34 C$415.54 C$5,520.80 C$66,249.55
TOTAL C$147,731.12 C$10,341.18 C$137,389.94 C$1,648,679.30

Los campos en blanco, son de aquellos trabajadores que por el monto de su salario, no se les

Tabla de salarios con la que s

ual

Salario Anual-excedente IR Anual IR Mensual

C$67,400.00 C$10,110.00 C$842.50

C$33,920.00 C$5,088.00 C$424.00
C$33,920.00 C$5,088.00 C$424.00
C$440.00 C$66.00 C$5.50
C$33,920.00 C$5,088.00 C$424.00

C$6,024.91 C$903.74 C$75.31

C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00

C$0.00 C$0.00 C$0.00

C$0.00 C$0.00 C$0.00
C$0.00 C$0.00 C$0.00

C$440.00 C$66.00 C$5.50

C$0.00 C$0.00 0
C$0.00 C$0.00 0
C$176,064.91 C$26,409.74 C$2,200.81

se les aplica el debido % de IR

que se realizo los calculos de IR mensual para el ejercicio

 Costo de admin, RRHH y Finanzas
Nº de Cargos Cargos
1 Alta Gerencia
1 Resp. Control de calidad
1 Responsable Admin
1 Contador
1 Resp.RRHH
Total salario Mensual
Total salario Anual

Area Informatica
Nº de Cargos Cargos
1 Resp. De Informatica
1 Personal de procesamiento de datos
1 Personal de procesamiento de datos
1 Personal de Base de datos
1 Personal de Base de datos
1 Personal de soporte tecnico
1 Personal de soporte tecnico
Total Salario Mensual
Total Salario Anual

Area de Proyectos
Nº de Cargos Cargos
1 Responsable de Proyectos
1 Vice responsable de proyectos
2 Personal temporal de proyectos
Total Salario Mensual
Total Salario Anual

Area de Transporte
Nº de Cargos Cargos
1 Responsable de Transporte
1 Conductor
1 Ayudante
Total Salario Mensual
Total Salario Anual

Materia Prima desarrollo del servicio

Descripcion Cantidad a usar
Desarrollo Frontend 1.00
Desarrollo Backend 1.00
Desarrollo de API Gateway 1.00
Costo de alojamiento servidor 4.00
Mantenimiento del sistema 1.00
Total de Materia Prima e insumos x semana
Total de materia prima e insumos x mes
Total anual
 ARTICULOS DE OFICINA Y PAPELERIA 2023
NOMBRE CANTIDAD
Sellos 4
Calculadora casio 3
Papelera de escritorio 2
Lapiceros azul stabilo 5
Lapiceros negro stabilo 5
Folder T/carta 100 und 100
Folder T/ Legal 100 und 100
Perforadoras 2 hoyos 4
Engrapadora metalica 2
Fastener 1 caja
Clips niquelados 1 caja
Regla 30 cm 2
Papel carbon/100 hojas 100
Marcadores fluorescentes 6
Papel bond #40 10
Sub-Total

TOTAL C$

NOMBRE CANTIDAD
Lapiceros azul stabilo 5
Lapiceros rojo stabilo 5
Folder T/carta 100 und 100
Folder T/ Legal 100 und 100
Fastener 1 caja
Clips niquelados 1 caja
Regla 30 cm 2
Papel carbon/100 hojas 100
Marcadores fluorescentes 6
Papel bond #40 10
Sub-Total
TOTAL PAPELERIA Y UTIL DE OFICINA AÑO
2020/2021/2022/2023
TOTAL

Mantenimieto de vehiculos de transporte

Descripcion Cantidad
Toyota Hiace Microbus 1.00

Año
Mantenimiento de edifico
Mes
Mto en general C$1,200.00

Mantenimiento de Maquinaria
 Tipo de Maquinaria Tiempo
Servidores Dell PowerEdge R740 2 Años
Estaciones de trabajo HP Z2 Mini 2 Años
Proyector 2 Años
Laptop 2 Años
Computadora de escritorio 2 Años
Impresora 2 Años
Escaner 2 Años
Impresora portatil 2 Años
Escaner portatil 2 Años
TOTAL C$

Combustible
KM IDA y VUELTA
Toyota Hiace Microbus 495.00
KM
Toyota Hiace Microbus 495.00
COMBUSTIBLE TOTAL semana
COMBUSTIBLE TOTAL Mensual
COMBUSTIBLE TOTAL Anual
anzas
Salario ( C$) Costo Mensual (C$)
C$15,000.00 C$15,000.00
C$12,000.00 C$12,000.00
C$12,000.00 C$12,000.00
C$9,000.00 C$9,000.00
C$12,000.00 C$12,000.00
C$60,000.00
C$720,000.00

Salario (C$) Costo Mensual (C$)

C$9,500.44 C$9,500.44
C$5,936.34 C$5,936.34
C$5,936.34 C$5,936.34
C$5,936.34 C$5,936.34
C$5,936.34 C$5,936.34
C$5,936.34 C$5,936.34
C$5,936.34 C$5,936.34
C$45,118.48
C$541,421.76

Salario (C$) Costo Mensual (C$)

C$7,200.00 C$7,200.00
C$6,189.23 C$6,189.23
C$6,189.23 C$12,378.46
C$25,767.69
C$309,212.28

Salario (C$) Costo Mensual (C$)

C$9,000.00 C$9,000.00
C$8,097.84 C$8,097.84
C$5,936.34 C$5,936.34
C$23,034.18
C$276,410.16

costo / Presentacion (Unidad) Costo $ Costo total $ Costo total C$

- $700.00 $700.00 C$ 25,487.00
- $1,000.00 $1,000.00 C$ 25,487.00
- $200.00 $200.00 C$ 7,282.00
- $140.00 $560.00 C$ 20,389.60
- $200.00 $200.00 C$ 7,282.00
$2,700.00 C$ 98,307.00
$1,360.00 C$ 49,517.60
$16,320.00 C$ 594,211.20
LERIA 2023
Costo Costo Total
C$300.00 C$1,200.00
C$540.00 C$1,620.00
C$200.00 C$400.00
C$5.00 C$25.00
C$5.00 C$25.00
C$34.11 C$3,411.00
C$34.11 C$3,411.00
C$38.00 C$152.00
C$96.00 C$192.00
- C$53.98
C$10.00 C$10.00
C$15.00 C$30.00
- C$389.72
- C$100.41
- C$159.85
C$11,179.96

C$11,179.96

Costo Costo Total

C$5.00 C$25.00
C$5.00 C$25.00
C$35.11 C$3,511.00
C$35.11 C$3,511.00
- C$53.98
C$12.00 C$12.00
C$19.00 C$38.00
- C$389.72
- C$100.41
- C$159.85
al C$7,825.96

L C$7,825.96

Costo C$ Costo Total C$

C$8,000.00 C$8,000.00

Anual
C$14,400.00

aria
 Costo total 3% Anual
C$7,282.00 C$4,878.94
C$3,640.00 C$2,438.80
C$5,460.00 C$3,658.20
C$2,640.00 C$1,768.80
C$12,000.00 C$8,040.00
C$4,600.00 C$3,082.00
C$2,000.00 C$1,340.00
C$2,300.00 C$1,541.00
C$2,500.00 C$1,675.00
C$42,422.00 C$28,422.74
Anual C$14,211.37

Dias Trabajados (KM) Semanas (KM) Año(KM)

6,930.00 990.00 11,880.00
Galon Litros PRECIO * Lt
16.50 61.05 C$2,918.80
mana C$40,863.21
sual C$163,452.83
ual C$1,961,433.94
Valor del dólar 36.41 Descripcion
Vuelo para toma
aerea de managua

Total anual
200.255 Total mensual
Horas de uso Costo $/hora costo CS$

6 1699 371163.54

C$ 371,163.54
C$ 30,930.30
 Equipo Hrs/Mes Cantidad kWh/mes
AREA DE INFO
Servidores Dell PowerEdge R740 360 1 64
Estaciones de trabajo HP Z2 360 2 17.4
Switches cisco catalyst 2960X 360 2 9.6
Telefono de oficina 360 3 10
Lapto 360 3 50
Monitor 360 2 26
Impresora 360 3 9
Lamparas LED 360 6 15
Aire Acondicionado 360 2 80
AREA DE CONTABILI
Computadora 360 3 30
Monitor 360 3 26
Impresora Multifuncional 360 1 9
Copiadora 100 1 2.6
Telefono 360 3 10
AREA DE PROYECTOS
Computadora 360 3 30
Impresora 360 2 9
Telefono 360 4 10
Energia
Alumbrado
Comercializacion
Regularizacion
TOTAL

Consumo m3
Concepto Cantidad de personas/objetos /mes

Personal 10 8
Total
Agua potable C$
Alcantarillado sanitario
Cargo fijo
TOTAL C$
 Total Consumo/año Kwh Tarifa C$/Kwh Costo Total C$
FORMATICA
64 768 7.843 C$6,023.42
34.8 417.6 7.843 C$3,275.24
19.2 230.4 7.843 C$1,807.03
30 360 7.843 C$2,823.48
150 1800 7.843 C$14,117.40
52 624 7.843 C$4,894.03
27 324 7.843 C$2,541.13
90 1080 7.843 C$8,470.44
160 1920 7.843 C$15,058.56
LIDAD Y FINANZAS
90 1080 7.843 C$8,470.44
78 936 7.843 C$7,341.05
9 108 7.843 C$847.04
2.6 31.2 7.843 C$244.70
30 360 7.843 C$2,823.48

90 1080 7.843 C$8,470.44

18 216 7.843 C$1,694.09
40 480 7.843 C$3,764.64
C$92,666.61
C$1,200.00
C$1,669.81
C$526.29
C$96,062.71

Consumo m3
/año Costo agua C$/año Costo C$/año

96 14.88 C$1,428.48
C$1,428.48
C$2,856.96
C$6,273.96
C$50.88
C$9,181.80
 Detalle de ingresos de ve
Plan Bu
Año 2024
Unidades a vender 1,926
Precio C$7,535.86
Total C$14,515,688.19
Plan P
Año 2024
Unidades a vender 1,696
Precio C$7,221.86
Total C$12,249,291.97
Plan P
Año 2024
Unidades a vender 1,696
Precio C$6,907.87
Total C$11,716,714.05
G
Año 2024
Unidades a vender 32
Precio C$6,593.87
Total C$211,228.46
Total de los ingresos C$38,692,922.67
Detalle de ingresos de venta por producto ofertado
Plan Bussiness
2025 2026 2027 2028
3,852 5,779 7,705 9,631
C$8,539.96 C$9,677.84 C$10,967.35 C$12,428.67
C$32,899,597.90 C$55,924,848.05 C$84,502,697.25 C$119,702,366.53
Plan Pymess
2025 2026 2027 2028
3,392 5,088 6,785 8,481
C$8,184.12 C$9,274.60 C$10,510.37 C$11,910.80
C$27,762,843.55 C$47,193,063.32 C$71,308,931.21 C$101,012,726.20
Plan Personal
2025 2026 2027 2028
3,392 5,088 6,785 8,481
C$7,828.29 C$8,871.36 C$10,053.40 C$11,392.94
C$26,555,763.39 C$45,141,191.01 C$68,208,542.90 C$96,620,868.54
Gps
2025 2026 2027 2028
64 96 128 160
C$7,472.46 C$8,468.11 C$9,596.43 C$10,875.08
C$478,746.27 C$813,803.63 C$1,229,660.95 C$1,741,877.25
C$87,696,951.11 C$149,072,906.01 C$225,249,832.30 C$319,077,838.51
 Costos fijos
Tipo Valor
Terreno C$1,456,400.00
Mto de maquinaria C$1,184.28
Mto de camion C$666.67
Mto de Edifico C$1,200.00
Salario Personal C$153,920
Papeleria C$652.16
Servicios Basico C$8,770.38
Materia prima C$80,447.90
Combustible C$163,452.83
Total Mensual C$1,866,694.56
Total Anual C$22,400,334.72

Costo de Informatica 2024 2025 2026

Salario C$541,421.76 C$552,250.20 C$563,295.20
INNS PATRONAL (21.5) C$116,405.68 C$118,733.79 C$121,108.47
INATEC (2%) C$10,828.44 C$11,045.00 C$11,265.90
Mantenimiento de Maquiaria C$14,211.37 C$14,211.37 C$14,211.37
Materia prima e Insumos C$965,374.74 C$965,374.74 C$965,374.74
TOTAL C$1,648,241.98 C$1,661,615.10 C$1,675,255.68

Costo de admin, RRHH y Finanzas 2024 2025 2026

Salario C$720,000.00 C$734,400.00 C$749,088.00
INNS PATRONAL (21.5) C$154,800.00 C$157,896.00 C$161,053.92
INATEC (2%) C$14,400.00 C$14,688.00 C$14,981.76
Servicios Basicos C$105,244.51 C$105,244.51 C$105,244.51
Papeleria y utiles de oficina C$7,825.96 C$7,825.96 C$7,825.96
Mto de edificio C$14,400.00 C$14,400.00 C$14,400.00
TOTAL C$1,016,670.47 C$1,034,454.47 C$1,052,594.15

Costos de Proyecto 2024 2025 2026

Salario C$309,212.28 C$315,396.53 C$321,704.46
INSS PATRONAL (21.5) C$66,480.64 C$67,810.25 C$69,166.46
INATEC (2%) C$6,184.25 C$6,307.93 C$6,434.09
TOTAL C$381,877.17 C$389,514.71 C$397,305.00

Costos de Transporte 2024 2025 2026

Salario C$276,410.16 C$281,938.36 C$287,577.13
INSS PATRONAL (21.5) C$59,428.18 C$60,616.75 C$61,829.08
INATEC (2%) C$5,528.20 C$5,638.77 C$5,751.54
Combustible C$1,961,433.94 C$1,994,778.31 C$2,028,689.54
Mto Camion C$8,000.00 C$8,000.00 C$8,000.00
TOTAL C$2,310,800.48 C$2,350,972.19 C$2,391,847.30
 2027 2028
C$574,561.10 C$586,052.33
C$123,530.64 C$126,001.25
C$11,491.22 C$11,721.05 Area
C$14,211.37 C$14,211.37
C$965,374.74 C$965,374.74 Admin, RRHH y Finanzas
C$1,689,169.07 C$1,703,360.73 Informatica
Proyectos
2027 2028 Tranporte
C$764,069.76 C$779,351.16
C$164,275.00 C$167,560.50
C$15,281.40 C$15,587.02
C$105,244.51 C$105,244.51
C$7,825.96 C$7,825.96
C$14,400.00 C$14,400.00
C$1,071,096.63 C$1,089,969.15

2027 2028
C$328,138.55 C$334,701.32
C$70,549.79 C$71,960.78 Tasa de cambio
C$6,562.77 C$6,694.03
C$405,251.10 C$413,356.13 Terreno

2027 2028 Total de MP e insumos

C$293,328.67 C$299,195.25
C$63,065.66 C$64,326.98
C$5,866.57 C$5,983.90 Mantenimiento de maquinaria
C$2,063,177.27 C$2,098,251.28 Mantenimiento de camión
C$8,000.00 C$8,000.00 Mantenimiento edificio
C$2,433,438.18 C$2,475,757.41
 Descripcion

Papeleria y utiles de oficina

Servicios Basicos
Luz
Agua
TOTAL

Canal de distribucción

Combustible
Año 2021
Variacion %
 Detalle de Salarios por Area
Salario Anual Inss Patronal INATEC Devaluacion de la monedaInflacion Interanual

C$720,000.00 21.50% 2% 2% 3.6

C$541,421.76 21.50% 2% 2% 3.6
C$309,212.28 21.50% 2% 2% 3.6
C$276,410.16 21.50% 2% 2% 3.6

36.41

C$1,456,400.00

C$965,374.74

C$14,211.37
C$8,000.00
C$14,400.00
 Año 2021 Año 2022-2025

C$7,825.96 C$7,825.96

C$96,062.71
C$9,181.80
C$105,244.51

C$1,961,433.94
1.70%
al
 BANPRO
Estado de Resultado con Fina
Concepto 2024 2025
Ventas C$38,692,922.67 C$87,696,951.11
Cts. Mano de obra C$1,648,241.98 C$1,661,615.10
Dep.eq. Informatica C$98,170.46 C$98,170.46
Utilidad bruta C$36,946,510.23 C$85,937,165.54
Gts Admón C$1,016,670.47 C$1,034,454.47
Gts Ventas C$2,692,677.65 C$2,740,486.90
Dep.eq.admitivo C$25,996.74 C$25,996.74
Amort.act dif C$10,142.52 C$10,142.52
Gts.Financieros C$31,352,277.25 C$26,417,123.69
Utilidad antes IR C$1,848,745.60 C$55,708,961.22
IR C$161,025.74 C$4,852,250.52
Utilidad Neta C$1,687,719.86 C$50,856,710.70
BAC
Estado de Resultado con Fina
Concepto 2024 2025
Ventas C$38,692,922.67 C$87,696,951.11
Cts. Mano de obra C$1,648,241.98 C$1,661,615.10
Dep.eq. Informatica C$98,170.46 C$98,170.46
Utilidad bruta C$36,946,510.23 C$85,937,165.54
Gts Admón C$1,016,670.47 C$1,034,454.47
Gts Ventas C$2,692,677.65 C$2,740,486.90
Dep.eq.admitivo C$25,996.74 C$25,996.74
Amort.act dif C$10,142.52 C$10,142.52
Gts.Financieros C$27,993,104.69 C$23,630,266.25
Utilidad antes IR C$5,207,918.16 C$58,495,818.65
IR C$161,025.74 C$4,852,250.52
Utilidad Neta C$5,046,892.42 C$53,643,568.13
 NPRO
do con Financiamiento
2026 2027 2028 tasa de inflacion
C$149,072,906.01 C$225,249,832.30 C$319,077,838.51 8.71
C$1,675,255.68 C$1,689,169.07 C$1,703,360.73
C$98,170.46 C$98,170.46 C$98,170.46
C$147,299,479.86 C$223,462,492.77 C$317,276,307.31
C$1,052,594.15 C$1,071,096.63 C$1,089,969.15 CONCEPTO
C$2,789,152.30 C$2,838,689.28 C$2,889,113.53 Ventas
C$25,996.74 C$25,996.74 C$25,996.74 Cts. Serv
C$10,142.52 C$10,142.52 C$10,142.52 Dep.eq. Serv
C$20,889,751.71 C$14,699,095.08 C$7,765,559.67 Utilidad bruta
C$122,531,842.44 C$204,817,472.52 C$305,495,525.70 Gts Admón
C$10,672,523.48 C$17,839,601.86 C$26,608,660.29 Gts Ventas
C$111,859,318.96 C$186,977,870.66 C$278,886,865.41 Dep.eq.admitivo
BAC Amort.act dif
do con Financiamiento Utilidad antes IR
2026 2027 2028 IR
C$149,072,906.01 C$225,249,832.30 C$319,077,838.51 Utilidad Neta
C$1,675,255.68 C$1,689,169.07 C$1,703,360.73
C$98,170.46 C$98,170.46 C$98,170.46
C$147,299,479.86 C$223,462,492.77 C$317,276,307.31
C$1,052,594.15 C$1,071,096.63 C$1,089,969.15
C$2,789,152.30 C$2,838,689.28 C$2,889,113.53
C$25,996.74 C$25,996.74 C$25,996.74
C$10,142.52 C$10,142.52 C$10,142.52
C$18,722,073.02 C$13,200,355.63 C$6,988,423.57
C$124,699,521.13 C$206,316,211.97 C$306,272,661.80
C$10,672,523.48 C$17,839,601.86 C$26,608,660.29
C$114,026,997.65 C$188,476,610.11 C$279,664,001.51
 ESTADO DE RESULTADO SIN FINANCIAMIENTO
2024 2025 2026 2027
C$38,692,922.67 C$87,696,951.11 C$149,072,906.01 C$225,249,832.30
C$1,648,241.98 C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$98,170.46 C$98,170.46 C$98,170.46 C$98,170.46
C$36,946,510.23 C$85,937,165.54 C$147,299,479.86 C$223,462,492.77
C$1,016,670.47 C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,692,677.65 C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$25,996.74 C$25,996.74 C$25,996.74 C$25,996.74
C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52
C$33,201,022.84 C$82,126,084.91 C$143,421,594.15 C$219,516,567.60
C$2,891,809.09 C$7,153,182.00 C$12,492,020.85 C$19,119,893.04
C$30,309,213.75 C$74,972,902.91 C$130,929,573.30 C$200,396,674.56
 2028
C$319,077,838.51
C$1,703,360.73
C$98,170.46
C$317,276,307.31
C$1,089,969.15
C$2,889,113.53
C$25,996.74
C$10,142.52
C$313,261,085.37
C$27,285,040.54
C$285,976,044.83
 Inversion en Activos fijos
Area de Informatica
Equipos Cantidad

Servidores Dell PowerEdge R740 1

Estaciones de trabajo HP Z2 Mini 2
Switches cisco catalyst 2960X 2
Escritorio 3
Silla de oficina 3
Armario de almacenamiento 2
Proyector 1
Lapto 3
Telefono de oficina 3
Archivador 2
Computadora de escritorio 2
Impresora 3
teclado 5
mouse 5
TOTAL $
TOTAL C$

Area de Contabilidad y Finanzas

Equipos Cantidad

Software de Contabilidad 1
Escaner 2
Calculadora 2
Copiadora 1
Escritorio 3
Silla de oficina 3
Computadora de escritorio 3
Monitor 3
Impresora Multifuncional 1
Archivador metalico 1
Telefono 3
Computadora 3
TOTAL $
TOTAL C$

Area de Proyectos
Equipo Cantidad
Computadora 3
Impresora 2
Escaner 2
Telefono 4
Mesa de trabajo 2
Silla de Oficina 4
Lapto 4
 Impresora portatil 2
Escaner portatil 2
TOTAL $
TOTAL C$

Transporte Cantidad
Toyota Hiace Microbus 1
Helicoptero Robinson R44 1
TOTAL $
TOTAL C$

Terreno Costo
Sector 4 Pedro Joaquin Chamorro
Area requerida m² 136.73 m²

Inversion total
Tipo de inversion 2020
Activos Fijos $10,158,936.15
Activos Diferidos $8,452.10
Capital de Trabajo $83,680.02
TOTAL $ $10,251,068.27
TOTAL C$ C$373,241,395.81

CAPITAL DE TRABAJO Costo

Costo de informatica C$1,648,241.98
Costo de admin, RRHH y Finanzas C$1,016,670.47
Costos de Proyecyo C$381,877.17
Costos de Transporte C$2,310,800.48
TOTAL C$ C$3,046,789.62
TOTAL $ $83,680.02
 Costo Costo Total
US $ US $
$10,000.00 $10,000.00
$2,000.00 $4,000.00
$1,500.00 $3,000.00
$25.00 $75.00
$20.00 $60.00
$35.00 $70.00
$150.00 $150.00
$700.00 $2,100.00
$20.00 $60.00
$55.00 $110.00
$750.00 $1,500.00
$100.00 $300.00
$15.00 $75.00
$15.00 $75.00
$21,575.00
C$785,545.75

Costo Costo Total

US $ US $
$1,500.00 $1,500.00
$300.00 $600.00
$50.00 $100.00
$500.00 $500.00
$25.00 $75.00
$20.00 $60.00
$800.00 $2,400.00
$150.00 $450.00
$150.00 $150.00
$55.00 $55.00
$20.00 $60.00
$700.00 $2,100.00
$8,050.00
C$293,100.50

Costo Costo Total

$1,500.00 $4,500.00
$300.00 $600.00
$300.00 $600.00
$20.00 $80.00
$65.00 $130.00
$20.00 $80.00
$1,000.00 $4,000.00
 $300.00 $600.00
$400.00 $800.00
$11,390.00
C$414,709.90

Costo
$18,000.00
$180,000.00
$198,000.00
C$7,209,180.00

Dólar Cordoba

$40,000.00 $1,456,400.00

Valor del dólar 36.41

Dolar Cordoba
Cordoba Dolar
 Inversion en activos Diferidos
ASPECTOS LEGALES COSTO (Cordobas)
Aval ambiental C$ 500.00
Minuta de depósito y NBIT. C$ 750.00
Recibo fiscal, apertura de negocio Alcaldía. C$ 1,010.00
Compra de libros (Diario, mayor y de registro de acciones.) C$ 292.10
Minsa (Inspeccion + Permiso) C$ 2,500.00
Incripcionen la DGI C$ 500.00
Numero RUC C$ 50.00
Empastados de libros C$ 300.00
Inscripción como comerciante C$ 650.00
Inscripción de poder generalísimo C$ 300.00
Registro público (negativa de sociedad) C$ 100.00
Acta de Constitución de la Empresa Sociedad Anónima C$1,500.00
TOTAL C$ C$ 8,452.10
TOTAL $ $232.14
 Area de Informatica
Equipos Cantidad Costo
Servidores Dell PowerEdge R740 1 $10,000.00
Estaciones de trabajo HP Z2 Mini 2 $2,000.00
Switches cisco catalyst 2960X 2 $1,500.00
Escritorio 3 $25.00
Silla de oficina 3 $20.00
Armario de almacenamiento 2 $35.00
Proyector 1 $150.00
Lapto 3 $700.00
Telefono de oficina 3 $20.00
Archivador 2 $55.00
Computadora de escritorio 2 $750.00
Impresora 3 $100.00
teclado 5 $15.00
mouse 5 $15.00
TOTAL $

TOTAL C$

Valor del dólar 36.41

Area de Contabilidad y Finanzas

Equipos Cantidad Costo
Software de Contabilidad 1 $1,500.00
Escaner 2 $300.00
Calculadora 2 $50.00
Copiadora 1 $500.00
Escritorio 3 $25.00
Silla de oficina 3 $20.00
Computadora de escritorio 3 $800.00
Monitor 3 $150.00
Impresora Multifuncional 1 $150.00
Archivador metalico 1 $55.00
Telefono 3 $20.00
Computadora 3 $700.00
TOTAL $
TOTAL C$

Area de Proyectos
Equipo Cantidad Costo
Computadora 3 $1,500.00
Impresora 2 $300.00
Escaner 2 $300.00
Telefono 4 $20.00
Mesa de trabajo 2 $65.00
 Silla de Oficina 4 $20.00
Lapto 4 $1,000.00
Impresora portatil 2 $300.00
Escaner portatil 2 $400.00
TOTAL $
TOTAL C$

Transporte Cantidad Costo

Toyota Hiace Microbus 1 $18,000.00

TOTAL $
TOTAL C$ C$655,380.00

Terreno Costo Dólar

Sector 4 Pedro Joaquin Chamorro
Area requerida m² 136.73 m² $40,000.00
a
Costo C$ Costo Total VR Vida util
C$364,100.00 $10,000.00 $0.00 4 Servidores Del
C$72,820.00 $4,000.00 $0.00 3
C$54,615.00 $3,000.00 $0.00 2
C$910.25 $75.00 $0.00 3
C$728.20 $60.00 $0.00 3
C$1,274.35 $70.00 $0.00 4
C$5,461.50 $150.00 $0.00 2
C$25,487.00 $2,100.00 $0.00 3
C$728.20 $60.00 $0.00 2
C$2,002.55 $110.00 $0.00 3
C$27,307.50 $1,500.00 $0.00 4
C$3,641.00 $300.00 $0.00 2
C$546.15 $75.00 $0.00 2
C$546.15 $75.00 $0.00 2
$21,575.00 $0.00

C$785,545.75

Costo en C$ Costo en Total VR Vida Util

C$54,615.00 $1,500.00 C$0.00 5
C$10,923.00 $600.00 C$0.00 5
C$1,820.50 $100.00 C$0.00 5
C$18,205.00 $500.00 C$0.00 5
C$910.25 $75.00 C$0.00 5
C$728.20 $60.00 C$0.00 5
C$29,128.00 $2,400.00 C$0.00 5
C$5,461.50 $450.00 C$0.00 5
C$5,461.50 $150.00 C$0.00 5
C$2,002.55 $55.00 C$0.00 5
C$728.20 $60.00 C$0.00 5
C$25,487.00 $2,100.00 C$0.00 5
$8,050.00
C$293,100.50

e Proyectos
Costo C$ Costo Total Vida Vida uti
C$54,615.00 $4,500.00 C$0.00 5
C$10,923.00 $600.00 C$0.00 5
C$10,923.00 $600.00 C$0.00 5
C$728.20 $80.00 C$0.00 5
C$2,366.65 $130.00 C$0.00 5
 C$728.20 $80.00 C$0.00 5
C$36,410.00 $4,000.00 C$0.00 5
C$10,923.00 $600.00 C$0.00 5
C$14,564.00 $800.00 C$0.00 5
$11,390.00
C$414,709.90

Costo C$ Costo total Vr VIDA UTIL

C$655,380.00 $18,000.00 0 5

$18,000.00
C$655,380.00

Costo C$ VR VIDA UTIL

C$1,456,400.00 0 5
 Depreciación en Linea Recta
Años 1 2 3
Equipos
Servidores Dell PowerEdge R740 C$91,025.00 C$91,025.00 C$91,025.00
Estaciones de trabajo HP Z2 C$24,273.33 C$24,273.33 C$24,273.33
Mini C$27,307.50 C$27,307.50
Switches cisco catalyst 2960X
Escritorio C$303.42 C$303.42 C$303.42
Silla de oficina C$242.73 C$242.73 C$242.73
Armario de almacenamiento C$318.59 C$318.59 318.5875
Proyector C$2,730.75 C$2,730.75
Lapto C$8,495.67 C$8,495.67 C$8,495.67
Telefono de oficina C$364.10 C$364.10
Archivador C$667.52 C$667.52 C$667.52
Computadora de escritorio C$6,826.87 C$6,826.87 C$6,826.87
Impresora C$1,820.50 C$1,820.50
teclado C$273.08 C$273.08
mouse C$273.08 C$273.08
TOTAL DE DEPRECIACION C$164,922.13 C$164,922.13 C$132,153.13

Depreciación en Linea Recta

Años 1 2 3
Equipos
Software de Contabilidad C$10,923.00 C$10,923.00 C$10,923.00
Escaner C$2,184.60 C$2,184.60 C$2,184.60
Calculadora C$364.10 C$364.10 C$364.10
Copiadora C$3,641.00 C$3,641.00 C$3,641.00
Escritorio C$182.05 C$182.05 C$182.05
Silla de oficina C$145.64 C$145.64 C$145.64
Computadora de escritorio C$5,825.60 C$5,825.60 C$5,825.60
Monitor C$1,092.30 C$1,092.30 C$1,092.30
Impresora Multifuncional C$1,092.30 C$1,092.30 C$1,092.30
Archivador metalico C$400.51 C$400.51 C$400.51
Telefono C$145.64 C$145.64 C$145.64
Computadora C$5,097.40 C$5,097.40 C$5,097.40
TOTAL DE DEPRECIACION C$25,996.74 C$25,996.74 C$25,996.74

Depreciación en Linea Recta

Años 1 2 3
Equipo
Computadora C$10,923.00 C$10,923.00 C$10,923.00
Impresora C$2,184.60 C$2,184.60 C$2,184.60
Escaner C$2,184.60 C$2,184.60 C$2,184.60
Telefono C$145.64 C$145.64 C$145.64
 Mesa de trabajo C$473.33 C$473.33 C$473.33
Silla de Oficina C$145.64 C$145.64 C$145.64
Lapto C$7,282.00 C$7,282.00 C$7,282.00
Impresora portatil C$2,184.60 C$2,184.60 C$2,184.60
Escaner portatil C$2,912.80 C$2,912.80 C$2,912.80
TOTAL DE DEPRECIACION C$28,436.21 C$28,436.21 C$28,436.21

Depreciación en Linea Recta

Años 1 2 3
Toyota Hiace Microbus C$131,076.00 C$131,076.00 C$131,076.00

TOTAL DE DEPRECIACION C$131,076.00 C$131,076.00 C$131,076.00

Depreciación en Linea Recta

Años 1 2 3
Terreno C$291,280.00 C$291,280.00 C$291,280.00
TOTAL DE DEPRECIACION C$291,280.00 C$291,280.00 C$291,280.00
 4 5

C$91,025.00

318.5875

C$6,826.87

C$98,170.46 C$0.00

4 5

C$10,923.00 C$10,923.00
C$2,184.60 C$2,184.60
C$364.10 C$364.10
C$3,641.00 C$3,641.00
C$182.05 C$182.05
C$145.64 C$145.64
C$5,825.60 C$5,825.60
C$1,092.30 C$1,092.30
C$1,092.30 C$1,092.30
C$400.51 C$400.51
C$145.64 C$145.64
C$5,097.40 C$5,097.40
C$25,996.74 C$25,996.74

4 5

C$10,923.00 C$10,923.00
C$2,184.60 C$2,184.60
C$2,184.60 C$2,184.60
C$145.64 C$145.64
 C$473.33 C$473.33
C$145.64 C$145.64
C$7,282.00 C$7,282.00
C$2,184.60 C$2,184.60
C$2,912.80 C$2,912.80
C$28,436.21 C$28,436.21

4 5
C$131,076.00 C$131,076.00

C$131,076.00 C$131,076.00

4 5
C$291,280.00 C$291,280.00
C$291,280.00 C$291,280.00
 AMORTIZACIÓN BANPRO
Inversion Total C$ 373,241,395.81 $10,546,521.50 Peso
Aporte de Inversionistas C$ 111,972,418.74 $3,163,956.45 30%
Financiamiento C$ 261,268,977.06 $7,382,565.05 70%
Tasa de Interes 12%
Periodo 5

AMORTIZACIÓN BAC
Inversion Total C$ 373,241,395.81 $10,546,521.50 Peso
Aporte de Inversionistas C$ 149,296,558.32 $4,218,608.60 40%
Financiamiento C$ 223,944,837.48 $6,327,912.90 60%
Tasa de Interes 12.50%
Periodo 5 ( 60 meses)
 Calendario de pago para BANPRO
Años Cuota Nivelada Interes
0
1 $2,047,995.39 $885,907.81
2 $2,047,995.39 $746,457.30
3 $2,047,995.39 $590,272.72
4 $2,047,995.39 $415,346.00
5 $2,047,995.39 $219,428.08

Calendario de pago para BAC D

Años Cuota Nivelada Interes
0
1 $1,777,219.90 $790,989.11
2 $1,777,219.90 $667,710.26
3 $1,777,219.90 $529,021.56
4 $1,777,219.90 $372,996.77
5 $1,777,219.90 $197,468.88
RO DOLAR Calendario de pago para BANPRO COR
Pago Principal Saldo Años Cuota Nivelada Interes
$7,382,565.05 0
$1,162,087.59 $6,220,477.46 1 C$72,478,556.89 C$31,352,277.25
$1,301,538.10 $4,918,939.37 2 C$72,478,556.89 C$26,417,123.69
$1,457,722.67 $3,461,216.70 3 C$72,478,556.89 C$20,889,751.71
$1,632,649.39 $1,828,567.31 4 C$72,478,556.89 C$14,699,095.08
$1,828,567.31 $0.00 5 C$72,478,556.89 C$7,765,559.67

AC DOLAR Calendario de pago para BAC CORD

Pago Principal Saldo Años Cuota Nivela Interes
$6,327,912.90 0
$986,230.78 $5,341,682.11 1 C$62,895,812.13 C$27,993,104.69
$1,109,509.63 $4,232,172.48 2 C$62,895,812.13 C$23,630,266.25
$1,248,198.34 $2,983,974.15 3 C$62,895,812.13 C$18,722,073.02
$1,404,223.13 $1,579,751.02 4 C$62,895,812.13 C$13,200,355.63
$1,579,751.02 $0.00 5 C$62,895,812.13 C$6,988,423.57
PRO CORDOBAS
Pago Principal Saldo
C$261,268,977.06
C$41,126,279.64 C$220,142,697.42
C$46,061,433.20 C$174,081,264.22
C$51,588,805.19 C$122,492,459.03
C$57,779,461.81 C$64,712,997.22
C$64,712,997.22 C$0.00

AC CORDOBAS
Pago Principal Saldo
C$223,944,837.48
C$34,902,707.44 C$189,042,130.04
C$39,265,545.87 C$149,776,584.17
C$44,173,739.11 C$105,602,845.06
C$49,695,456.50 C$55,907,388.56
C$55,907,388.56 C$0.00
 Flujo de caja con financ
Concepto 2024 2025
Prestamo C$223,944,837.48
Ingresos C$38,692,922.67
Cts. Produccion C$1,648,241.98
cto admon C$1,016,670.47
cto vta C$2,692,677.65
Dep act fijo C$10,142.52
Pago de interes C$31,352,277.25
Utilidad antes IR C$1,972,912.80
IR C$591,873.84
Utilidad Neta C$1,381,038.96
Inversion C$373,241,395.81
Dep act fijo C$10,142.52
Pago principal C$41,126,279.64
Rec. Capital de trabajo
Valor residual
FNE (149,296,558.32) -C$39,735,098.16
TIR 8%
VPN -$26,116,461.62

BAC
Entidad %Aprobacion Rendimiento%
Accionistas 40.00% 11.69%
Banco 60.00% 12.50%
tmar mixta 100%
caja con financiamiento
2026 2027 2028

C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$10,142.52 C$10,142.52 C$10,142.52
C$26,417,123.69 C$20,889,751.71 C$14,699,095.08
C$55,833,128.42 C$122,656,009.64 C$204,941,639.72
C$16,749,938.53 C$36,796,802.89 C$61,482,491.92
C$39,083,189.89 C$85,859,206.75 C$143,459,147.80

C$10,142.52 C$10,142.52 C$10,142.52

C$46,061,433.20 C$51,588,805.19 C$57,779,461.81

-C$6,968,100.79 C$34,280,544.08 C$85,689,828.52

Promedio ponderado (%)

4.67%
7.50%
12.17%
 2029 Concepto 2024
Ingresos
C$319,077,838.51 Cts. Produccion
C$1,703,360.73 Gts admon
C$1,089,969.15 Gto vta
C$2,889,113.53 Dep act fijo
C$10,142.52 Pago de interes
C$7,765,559.67 Utilidad antes IR
C$305,619,692.90 IR
C$91,685,907.87 Utilidad Neta
C$213,933,785.03 Inversion C$373,241,395.81
Dep act fijo
C$10,142.52 Rec. Capital de trabajo
C$64,712,997.22 Valor residual
C$3,046,789.62 FNE -C$373,241,395.81
C$172,492.37 TIR 11%
C$152,277,719.95 VPN -$7,146,240.76
 Flujo de caja sin financiamiento
2025 2026 2027 2028
C$38,692,922.67 C$87,696,951.11 C$149,072,906.01 C$225,249,832.30
C$1,648,241.98 C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$1,016,670.47 C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,692,677.65 C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52

C$33,325,190.05 C$82,250,252.11 C$143,545,761.35 C$219,640,734.80

C$9,997,557.01 C$24,675,075.63 C$43,063,728.40 C$65,892,220.44
C$23,327,633.03 C$57,575,176.48 C$100,482,032.94 C$153,748,514.36

C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52

C$23,337,775.55 C$57,585,319.00 C$100,492,175.46 C$153,758,656.88

 2029
C$319,077,838.51
C$1,703,360.73
C$1,089,969.15 TMAR= tasa inflacion + premio riesgo
C$2,889,113.53 Tasa de Descuentos 11.6871
C$10,142.52 12%

C$313,385,252.57
C$94,015,575.77
C$219,369,676.80

C$10,142.52
C$3,046,789.62
C$172,492.37
C$222,599,101.32
 Flujo de caja con financiam
Concepto 2024 2025
Prestamo C$223,944,837.48
Ingresos C$38,692,922.67
Cts. Produccion C$1,648,241.98
cto admon C$1,016,670.47
cto vta C$2,692,677.65
Dep act fijo C$10,142.52
Pago de interes C$31,352,277.25
Utilidad antes IR C$1,972,912.80
IR C$591,873.84
Utilidad Neta C$1,381,038.96
Inversion C$373,241,395.81
Dep act fijo C$10,142.52
Pago principal C$41,126,279.64
Rec. Capital de trabajo
Valor residual
FNE (149,296,558.32) -C$39,735,098.16
TIR 8%
VPN $9,409,031.85

tmar mixta 7.00%

(149,296,558.32) -C$35,423,997.65
8%
-C$64,977,650.95
R B/C

Aumento costo 35%

Se realizaron de nuevos los calculos de la VPN los
Vpn -C$87,719,828.78 se probo varias veces en realizar los calculos, al fi
TIR 11.12% al final lo volvimos a realizar y decidimos poner d
Tmar 9.45% observar dentro de los calculos que estan arriba,
R B/C 0.82
-C$22,742,177.83

Restar -35% en ventas

Vpn -C$55,231,003.31
TIR 5%
Tmar 4.55%
RBC 0.39

Impuesto de 30 a 50%
VPN -C$74,724,298.59
TIR 9%
TMAR 8.05000%
R B/C 0.69
 Flujo de caja con financiamiento
2026 2027 2028

C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$10,142.52 C$10,142.52 C$10,142.52
C$26,417,123.69 C$20,889,751.71 C$14,699,095.08
C$55,833,128.42 C$122,656,009.64 C$204,941,639.72
C$16,749,938.53 C$36,796,802.89 C$61,482,491.92
C$39,083,189.89 C$85,859,206.75 C$143,459,147.80

C$10,142.52 C$10,142.52 C$10,142.52

C$46,061,433.20 C$51,588,805.19 C$57,779,461.81

-C$6,968,100.79 C$34,280,544.08 C$85,689,828.52

-C$5,538,102.43 C$24,289,442.49 C$54,128,051.57

0.60

de nuevos los calculos de la VPN los cuales se muestran en el cuadro de arriba,

as veces en realizar los calculos, al final el calculo de los 500M estaba malo
imos a realizar y decidimos poner de forma manual la formula la cual puede
ro de los calculos que estan arriba, al final la VPN con financiamiento nos da -85M

2.8839841381773500% 2.4500% 0.21

 2029 Concepto
Ingresos
C$319,077,838.51 Cts. Produccion
C$1,703,360.73 Gts admon
C$1,089,969.15 Gto vta
C$2,889,113.53 Dep act fijo
C$10,142.52 Pago de interes
C$7,765,559.67 Utilidad antes IR
C$305,619,692.90 IR
C$91,685,907.87 Utilidad Neta
C$213,933,785.03 Inversion
Dep act fijo
C$10,142.52 Rec. Capital de trabajo
C$64,712,997.22 Valor residual
C$3,046,789.62 FNE
C$172,492.37 TIR
C$152,277,719.95 VPN

C$85,753,679.98
 Flujo de caja sin financiamiento
2024 2025 2026
C$38,692,922.67 C$87,696,951.11
C$1,648,241.98 C$1,661,615.10
C$1,016,670.47 C$1,034,454.47
C$2,692,677.65 C$2,740,486.90
C$10,142.52 C$10,142.52

C$33,325,190.05 C$82,250,252.11
C$9,997,557.01 C$24,675,075.63
C$23,327,633.03 C$57,575,176.48
C$373,241,395.81
C$10,142.52 C$10,142.52

-C$373,241,395.81 C$23,337,775.55 C$57,585,319.00

11%
$184,531,632.41

TMAR 5.17%

(373,241,395.81) C$20,805,719.49 C$45,767,620.88

11%
-C$74,052,254.22

R B//C 0.97

Aumento costo 35%

-C$25,918,288.98
VPN -C$99,970,543.20
TIR 15.00%
TMAR 6.98%
R B/C 1.30

Restar -35% en ventas

VPN -C$48,133,965.24
TIR 7%
TMAR 3%
R B/C 0.63

Impuesto de 30 a 50%
VPN -C$85,160,092.35
TIR 13%
TMAR 6%
R B /C 1.11
anciamiento
2027 2028 2029
C$149,072,906.01 C$225,249,832.30 C$319,077,838.51
C$1,675,255.68 C$1,689,169.07 C$1,703,360.73
C$1,052,594.15 C$1,071,096.63 C$1,089,969.15
C$2,789,152.30 C$2,838,689.28 C$2,889,113.53
C$10,142.52 C$10,142.52 C$10,142.52

C$143,545,761.35 C$219,640,734.80 C$313,385,252.57

C$43,063,728.40 C$65,892,220.44 C$94,015,575.77
C$100,482,032.94 C$153,748,514.36 C$219,369,676.80

C$10,142.52 C$10,142.52 C$10,142.52

C$3,046,789.62
C$172,492.37
C$100,492,175.46 C$153,758,656.88 C$222,599,101.32

C$71,203,622.39 C$97,125,372.44 C$125,354,464.88

3.8885851181849700%
1.8095000000000000%
0.34
 Escenario TMAR VPN TIR

Flujo sin
1 Financiami Original 5.17% -C$ 74,052,254.22 11.00%
ento

Flujo con
2 Financiami Original 7.00% -C$ 64,977,650.95 8.00%
ento

Flujo sin Incremento de los

3 Financiami costos de producción 6.98% -C$ 99,970,543.20 15.00%
ento 35%

Flujo con Incremento de los

4 Financiami costos de producción 9.45% -C$ 87,719,828.78 11.12%
ento 35%
 Flujo sin
5 Financiami Disminución
ventas 35%
de las
3.00% -C$ 48,133,965.24 7.00%
ento

Flujo con
6 Financiami Disminución
ventas 35%
de las
4.55% -C$ 55,231,003.31 5.00%
ento

Flujo sin
7 Financiami Subida de impuesto
de 30 a 50% 6.00% -C$ 85,160,092.35 13.00%
ento

Flujo con
8 Financiami Subida de impuesto
de 30 a 50% 8.00% -C$ 74,724,298.59 9.00%
ento
R B/C PRI

3 años, 6 meses, 24 días, 10

0.9256
horas

3 años, 6 meses, 24 días, 11

0.60
horas

3 años, 10 meses, 12 días, 17

1.3
horas

3 años, 10 meses, 12 días, 23

0.82
horas
 NO SE RECUPERA EN EL
0.63 MARGEN DE 5 AÑOS

0.39 NO SE RECUPERA EN EL
MARGEN DE 5 AÑOS

0.98 4 años, 1 mes, 11 días, 18

horas

4 años, 1 mes, 11 días, 20

0.69 horas
R

FLUJO DE LOS INGRE

DESCRIPCION 2024 2025
Préstamo C$223,944,837.48
Ingresos C$38,692,922.67
Capital de trabajo
Valor al rescate
TOTAL C$223,944,837.48 C$38,692,922.67
VAN

FLUJO DE LOS EGRE

DESCRIPCION 2020 2021
Costo de produccion C$1,648,241.98
Gts Admon C$1,016,670.47
Gts Venta C$2,692,677.65
Pago interes C$31,352,277.25
IR C$591,873.84
Pago Principal C$41,126,279.64
Inversión C$373,241,395.81
TOTAL C$373,241,395.81 C$78,428,020.84
VAN

B/C 7.45200336610566

FLUJO DE LOS INGR

DESCRIPCION 2024 2025
Ingresos C$38,692,922.67
Capital de trabajo
Valor al rescate
TOTAL INGRESOS C$38,692,922.67
VAN INGRESOS

FLUJO DE LOS EGR

DESCRIPCION 2024 2025
Costo de produccion C$1,648,241.98
Gts Admon C$1,016,670.47
Gts Venta C$2,692,677.65
IR C$9,997,557.01
Inversión C$373,241,395.81
TOTAL EGRESOS C$373,241,395.81 C$15,355,147.12
VAN EGRESOS -C$
B/C -2.70
 R B/C
LOS INGRESOS CON FINANCIAMIENTO (C$)
2026 2027 2028

C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$318,122,624.62

LOS EGRESOS CON FINANCIAMIENTO (C$)

2022 2023 2024
C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$26,417,123.69 C$20,889,751.71 C$14,699,095.08
C$16,749,938.53 C$36,796,802.89 C$61,482,491.92
C$46,061,433.20 C$51,588,805.19 C$57,779,461.81

C$94,665,051.89 C$114,792,361.92 C$139,560,003.79

C$42,689,543.87

R B/C
LOS INGRESOS SIN FINANCIAMIENTO (C$)
2026 2027 2028
C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$87,696,951.11 C$149,072,906.01 C$225,249,832.30

C$536,498,380.35

LOS EGRESOS SIN FINANCIAMIENTO (C$)

2026 2027 2028
C$1,661,615.10 C$1,675,255.68 C$1,689,169.07
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28
C$24,675,075.63 C$43,063,728.40 C$65,892,220.44

C$30,111,632.11 C$48,580,730.54 C$71,491,175.42

198,942
 Tasa de descuento 11.69%
2029

C$319,077,838.51
C$3,046,789.62

C$322,124,628.13

2025
C$1,703,360.73
C$1,089,969.15
C$2,889,113.53
C$7,765,559.67
C$91,685,907.87
C$64,712,997.22

C$169,846,908.18

Tasa de descuento 12.00%

2029
C$319,077,838.51
C$3,046,789.62

C$322,124,628.13

2029
C$1,703,360.73
C$1,089,969.15
C$2,889,113.53
C$94,015,575.77

C$99,698,019.19
198,942,561.86
 Flujo de caja con finan
Concepto 2024 2025
Prestamo 223,944,837.48
Ingresos C$728,052,000.00
Cts. Produccion C$1,672,965.61
costo admon C$1,016,670.47
costo vta C$2,692,677.65
Dep act fijo C$10,142.52
Pago de interes C$31,352,277.25
Utilidad antes IR C$691,307,266.50
IR C$207,392,179.95
Utilidad Neta C$483,915,086.55
Inversion 373,241,395.81
Dep act fijo C$10,142.52
Pago principal C$41,126,279.64
Rec. Capital de trabajo
Valor residual
FNE -149,296,558.32 C$442,798,949.42
TIR 287%
VPN 1,256,388,870.65108

C$1,648,241.98 C$87,696,951.11 C$149,072,906.01

DISMINU
Año Demanda lun a viernes precio mensual
2024 1690 359,000
2025 1690 371,924
2026 1690 385,313
2027 1690 399,185
2028 1690 413,555
Año Demanda lunes viernes y sabado precio mensual
2024 676 143,600
2025 676 148,770
2026 676 154,125
2027 676 159,674
2028 676 165,422
Año Demanda Permanente precio mensual
2024 338 71,800
2025 338 74,385
2026 338 77,063
2027 338 79,837
2028 338 82,711

Flujo de caja sin finan

Concepto 2024 2025

Ingresos C$727,902,316.70
Cts. Produc 1681206.823272
ctos admon C$1,016,670.47
cto vta C$2,692,677.65
Dep act fijo C$10,142.52
Pago interes C$0.00
Utilidad antes IR -C$2,038,283.82
IR -C$611,485.15
Utilidad Neta -C$1,426,798.67
Inversion C$373,241,395.81
Dep act fijo C$10,142.52
Amort act dif C$10,142.52
Rec. Capital de trabajo
Valor residual
FNE -C$373,241,395.81 -C$1,406,513.63
TIR 74%
VPN 1,119,771,911.04325

1648241.9836

DISMINUC
Año Demanda lun a viernes precio mensual
2024 1690 358,953
2025 1690 371,875
2026 1690 385,263
2027 1690 399,132
2028 1690 413,501
Año Demanda lunes viernes y sabado precio mensual
2024 676 143,544
2025 676 148,712
2026 676 154,065
2027 676 159,612
2028 676 165,358
Año Demanda Permanente precio mensual
2024 338 71,704
2025 338 74,285
2026 338 76,960
2027 338 79,730
2028 338 82,601
 ANALISIS DE SENSIBLIDAD CON FINANCIAMIENTO

con financiamiento
2026 2027 2028 2029

C$754,261,872.00 C$781,415,299.39 C$809,546,250.17 C$838,689,915.18

C$89,012,405.37 C$151,308,999.60 C$228,628,579.79 C$323,864,006.09
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63 C$1,089,969.15
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28 C$2,889,113.53
C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52
C$26,417,123.69 C$20,889,751.71 C$14,699,095.08 C$7,765,559.67
C$635,047,259.04 C$605,364,659.11 C$562,298,646.87 C$503,071,124.22
C$190,514,177.71 C$181,609,397.73 C$168,689,594.06 C$150,921,337.27
C$444,533,081.33 C$423,755,261.38 C$393,609,052.81 C$352,149,786.95

C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52

C$46,061,433.20 C$51,588,805.19 C$57,779,461.81 C$64,712,997.22
C$3,046,789.62
C$172,492.37
C$398,481,790.65 C$372,176,598.71 C$335,839,733.52 C$419,747,223.95

C$225,249,832.30 C$319,077,838.51
DISMINUCION PRECIOS 2 %
Ingresos INFLACION
C$606,710,000.00 AÑO
C$628,551,560.00 2024
C$651,179,416.16 2025
C$674,621,875.14 2026
C$698,908,262.65 2027
Ingresos 2028
C$97,073,600.00
C$100,568,249.60
C$104,188,706.59
C$107,939,500.02
C$111,825,322.02
Ingresos
C$24,268,400.00
C$25,142,062.40
C$26,047,176.65
C$26,984,875.01
C$27,956,330.51

ANALISIS DE SENSIBLIDAD SIN FINANCIAMIENTO

sin financiamiento
 2026 2027 2028 2029

C$754,106,800.10 C$781,254,644.90 C$809,379,812.12 C$838,517,485.36

1694847.40309344 1708760.79451131 1722952.45375754 1737427.94618869
C$1,034,454.47 C$1,052,594.15 C$1,071,096.63 C$1,089,969.15
C$2,740,486.90 C$2,789,152.30 C$2,838,689.28 C$2,889,113.53
C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52
C$0.00 C$0.00 C$0.00 C$0.00
C$748,626,868.80 C$775,693,995.13 C$803,736,931.24 C$832,790,832.21
C$224,588,060.64 C$232,708,198.54 C$241,121,079.37 C$249,837,249.66
C$524,038,808.16 C$542,985,796.59 C$562,615,851.87 C$582,953,582.54

C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52

C$10,142.52 C$10,142.52 C$10,142.52 C$10,142.52
$3,046,789.62
C$172,492.37
C$524,059,093.20 C$543,006,081.63 C$562,636,136.91 C$585,848,164.83

1661615.101072 1675255.68089344 1689169.07231131 1703360.73155754

ISMINUCION PRECIOS 2.00 %

Ingresos INFLACION
C$606,630,570.00 AÑO
C$628,469,270.52 2024
C$651,094,164.26 2025
C$674,533,554.17 2026
C$698,816,762.12 2027
Ingresos 2028
C$97,035,744.00
C$100,529,030.78
C$104,148,075.89
C$107,897,406.62
C$111,781,713.26
Ingresos
C$24,236,002.70
C$25,108,498.80
C$26,012,404.75
C$26,948,851.33
C$27,919,009.97
 0.086
INGRESOS
C$728,052,000.00
C$754,261,872.00
C$781,415,299.39
C$809,546,250.17
C$838,689,915.18

TASA DE DESCUENTO 12.00%

 0.0871
INGRESOS
C$727,902,316.70
C$754,106,800.10
C$781,254,644.90
C$809,379,812.12
C$838,517,485.36
 Flujo de caja con financiamiento con redu
Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$4,271,722.50
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR -C$199,902.70
IR -C$59,970.81
Utilidad Neta -C$139,931.89
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 -C$423,876.33
TIR 11%
VPN -$324,017.13

Flujo de caja con financiamiento con redu

Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$4,538,705.15
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR C$67,079.96
IR C$20,123.99
Utilidad Neta C$46,955.97
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 -C$236,988.47
TIR 17%
VPN $446,586.08

Flujo de caja con financiamiento con redu

Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$4,805,687.81
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
 Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR C$334,062.61
IR C$100,218.78
Utilidad Neta C$233,843.83
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 -C$50,100.61
TIR 23%
VPN $1,217,189.28

Flujo de caja con financiamiento con aum

Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$5,873,618.43
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR C$1,401,993.24
IR C$420,597.97
Utilidad Neta C$981,395.27
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 C$697,450.83
TIR 46%
VPN $4,299,602.10

Flujo de caja con financiamiento con aum

Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$6,140,601.09
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR C$1,668,975.89
IR C$500,692.77
Utilidad Neta C$1,168,283.13
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
 Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 C$884,338.69
TIR 52%
VPN $5,070,205.30

Flujo de caja con financiamiento con aum

Concepto 2020 2021
Prestamo C$4,414,600.33
Ingresos C$6,407,583.74
Cts. Produccion C$2,223,249.34
cto admon C$923,526.48
cto vta C$180,031.87
Dep act fijo C$526,773.46
Pago de interes C$618,044.05
Utilidad antes IR C$1,935,958.55
IR C$580,787.56
Utilidad Neta C$1,355,170.98
Inversion C$7,357,667.22
Dep act fijo C$526,773.46
Pago principal C$810,717.90
Rec. Capital de trabajo
Valor residual
FNE -C$2,943,066.89 C$1,071,226.54
TIR 58%
VPN $5,840,808.51
ciamiento con reduccion del 20% de venta
2022 2023 2024

C$4,740,309.90 C$5,260,372.51 C$5,981,872.91

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$338,360.10 C$939,220.24 C$1,754,030.15
C$101,508.03 C$281,766.07 C$526,209.05
C$236,852.07 C$657,454.17 C$1,227,821.11

C$526,773.46 C$526,773.46 C$526,773.46

C$908,004.05 C$1,016,964.53 C$1,139,000.27

-C$144,378.52 C$167,263.09 C$615,594.29

ciamiento con reduccion del 15% de venta

2022 2023 2024

C$5,036,579.26 C$5,589,145.79 C$6,310,646.19

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$634,629.47 C$1,267,993.52 C$2,082,803.43
C$190,388.84 C$380,398.06 C$624,841.03
C$444,240.63 C$887,595.46 C$1,457,962.40

C$526,773.46 C$526,773.46 C$526,773.46

C$908,004.05 C$1,016,964.53 C$1,139,000.27

C$63,010.04 C$397,404.39 C$845,735.59

ciamiento con reduccion del 10% de venta

2022 2023 2024

C$5,332,848.63 C$5,917,919.08 C$6,639,419.47

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
 C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$930,898.84 C$1,596,766.80 C$2,411,576.72
C$279,269.65 C$479,030.04 C$723,473.01
C$651,629.19 C$1,117,736.76 C$1,688,103.70

C$526,773.46 C$526,773.46 C$526,773.46

C$908,004.05 C$1,016,964.53 C$1,139,000.27

C$270,398.60 C$627,545.69 C$1,075,876.89

ciamiento con aumento del 10% de venta

2022 2023 2024

C$6,517,926.11 C$7,233,012.20 C$7,954,512.60

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$2,115,976.31 C$2,911,859.93 C$3,726,669.84
C$634,792.89 C$873,557.98 C$1,118,000.95
C$1,481,183.42 C$2,038,301.95 C$2,608,668.89

C$526,773.46 C$526,773.46 C$526,773.46

C$908,004.05 C$1,016,964.53 C$1,139,000.27

C$1,099,952.83 C$1,548,110.88 C$1,996,442.07

ciamiento con aumento del 15% de venta

2022 2023 2024

C$6,814,195.47 C$7,561,785.49 C$8,283,285.88

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$2,412,245.68 C$3,240,633.21 C$4,055,443.13
C$723,673.70 C$972,189.96 C$1,216,632.94
C$1,688,571.98 C$2,268,443.25 C$2,838,810.19

C$526,773.46 C$526,773.46 C$526,773.46

 C$908,004.05 C$1,016,964.53 C$1,139,000.27

C$1,307,341.39 C$1,778,252.17 C$2,226,583.37

ciamiento con aumento del 20% de venta

2022 2023 2024

C$7,110,464.84 C$7,890,558.77 C$8,612,059.16

C$2,232,856.38 C$2,242,655.56 C$2,252,650.73
C$939,081.55 C$954,947.72 C$971,131.22
C$182,480.51 C$184,978.12 C$187,525.68
C$526,773.46 C$526,773.46 C$526,773.46
C$520,757.90 C$411,797.41 C$289,761.67
C$2,708,515.05 C$3,569,406.49 C$4,384,216.41
C$812,554.51 C$1,070,821.95 C$1,315,264.92
C$1,895,960.53 C$2,498,584.54 C$3,068,951.49

C$526,773.46 C$526,773.46 C$526,773.46

C$908,004.05 C$1,016,964.53 C$1,139,000.27

C$1,514,729.95 C$2,008,393.47 C$2,456,724.67

 Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$6,478,197.07 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$2,357,733.60 Utilidad Neta
C$707,320.08 Inversion C$7,357,667.22
C$1,650,413.52 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 15%
C$4,952,543.10 VPN -$107,013.43

Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$6,883,084.38 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$2,762,620.91 Utilidad Neta
C$828,786.27 Inversion C$7,357,667.22
C$1,933,834.64 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 16%
C$5,235,964.22 VPN $124,685.29

Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$7,287,971.70 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
 C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$3,167,508.23 Utilidad Neta
C$950,252.47 Inversion C$7,357,667.22
C$2,217,255.76 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 19%
C$5,519,385.34 VPN $878,423.01

Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$8,907,520.97 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$4,787,057.50 Utilidad Neta
C$1,436,117.25 Inversion C$7,357,667.22
C$3,350,940.25 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 31%
C$6,653,069.83 VPN $3,893,373.88

Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$9,312,408.29 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$5,191,944.81 Utilidad Neta
C$1,557,583.44 Inversion C$7,357,667.22
C$3,634,361.37 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 34%
C$6,936,490.95 VPN $4,647,111.60

Flujo
Concepto 2020
2025 Ingresos
Cts. Produccion
C$9,717,295.60 Gts admon
C$2,262,845.79 Gto vta
C$987,638.38 Dep act fijo
C$190,124.20 Pago de interes
C$526,773.46 Utilidad antes IR
C$153,081.64 IR
C$5,596,832.13 Utilidad Neta
C$1,679,049.64 Inversion C$7,357,667.22
C$3,917,782.49 Dep act fijo

C$526,773.46 Rec. Capital de trabajo

C$1,275,680.31 Valor residual
C$4,051,036.43 FNE -C$7,357,667.22
C$55,615.39 TIR 37%
C$7,219,912.07 VPN $5,400,849.32
Flujo de caja sin financiamiento con reduccion de 20% de venta
2021 2022 2023
C$4,271,722.50 C$4,740,309.90 C$5,260,372.51
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46

C$418,141.35 C$859,118.00 C$1,351,017.65

C$125,442.40 C$257,735.40 C$405,305.29
C$292,698.94 C$601,382.60 C$945,712.35

C$526,773.46 C$526,773.46 C$526,773.46

C$819,472.40 C$1,128,156.06 C$1,472,485.81

Flujo de caja sin financiamiento con reduccion de 15% de venta

2021 2022 2023
C$4,538,705.15 C$5,036,579.26 C$5,589,145.79
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46

C$685,124.00 C$1,155,387.37 C$1,679,790.93

C$205,537.20 C$346,616.21 C$503,937.28
C$479,586.80 C$808,771.16 C$1,175,853.65

C$526,773.46 C$526,773.46 C$526,773.46

C$1,006,360.26 C$1,335,544.62 C$1,702,627.11

Flujo de caja sin financiamiento con reduccion de 10% de venta

2021 2022 2023
C$4,805,687.81 C$5,332,848.63 C$5,917,919.08
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46
 C$952,106.66 C$1,451,656.74 C$2,008,564.21
C$285,632.00 C$435,497.02 C$602,569.26
C$666,474.66 C$1,016,159.71 C$1,405,994.95

C$526,773.46 C$526,773.46 C$526,773.46

C$1,193,248.12 C$1,542,933.17 C$1,932,768.41

Flujo de caja sin financiamiento con aumento del 10% de venta

2021 2022 2023
C$5,873,618.43 C$6,517,926.11 C$7,233,012.20
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46

C$2,020,037.28 C$2,636,734.21 C$3,323,657.34

C$606,011.19 C$791,020.26 C$997,097.20
C$1,414,026.10 C$1,845,713.95 C$2,326,560.14

C$526,773.46 C$526,773.46 C$526,773.46

C$1,940,799.56 C$2,372,487.40 C$2,853,333.60

Flujo de caja sin financiamiento con aumento del 15% de venta

2021 2022 2023
C$6,140,601.09 C$6,814,195.47 C$7,561,785.49
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46

C$2,287,019.94 C$2,933,003.58 C$3,652,430.62

C$686,105.98 C$879,901.07 C$1,095,729.19
C$1,600,913.96 C$2,053,102.50 C$2,556,701.44

C$526,773.46 C$526,773.46 C$526,773.46

 C$2,127,687.42 C$2,579,875.96 C$3,083,474.90

Flujo de caja sin financiamiento con aumento del 20% de venta

2021 2022 2023
C$6,407,583.74 C$7,110,464.84 C$7,890,558.77
C$2,223,249.34 C$2,232,856.38 C$2,242,655.56
C$923,526.48 C$939,081.55 C$954,947.72
C$180,031.87 C$182,480.51 C$184,978.12
C$526,773.46 C$526,773.46 C$526,773.46

C$2,554,002.60 C$3,229,272.95 C$3,981,203.91

C$766,200.78 C$968,781.88 C$1,194,361.17
C$1,787,801.82 C$2,260,491.06 C$2,786,842.73

C$526,773.46 C$526,773.46 C$526,773.46

C$2,314,575.28 C$2,787,264.52 C$3,313,616.19

 Analisis de Sensibilidad con financiamien
2024 2025 Reduccion de venta VPN
C$7,151,026.72 C$6,478,197.07 20% -$324,017.13
C$2,252,650.73 C$2,262,845.79 15% $446,586.08
C$971,131.22 C$987,638.38 10% $1,217,189.28
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46
Analisis de Sensibilidad con financiamien
C$3,212,945.63 C$2,510,815.23 Aumento de venta VPN
C$963,883.69 C$753,244.57 20% $5,840,808.51
C$2,249,061.94 C$1,757,570.66 15% $5,070,205.30
10% $4,299,602.10
C$526,773.46 C$526,773.46

C$4,051,036.43
C$55,615.39
C$2,775,835.40 C$6,390,995.93

2024 2025
C$6,202,421.13 C$6,883,084.38
C$2,252,650.73 C$2,262,845.79
C$971,131.22 C$987,638.38
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46

C$2,264,340.05 C$2,915,702.55
C$679,302.01 C$874,710.77
C$1,585,038.03 C$2,040,991.79

C$526,773.46 C$526,773.46

C$4,051,036.43
C$55,615.39
C$2,111,811.49 C$6,674,417.06

2024 2025
C$6,567,269.43 C$7,287,971.70
C$2,252,650.73 C$2,262,845.79
C$971,131.22 C$987,638.38
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46
C$2,629,188.35 C$3,320,589.87
C$788,756.50 C$996,176.96
C$1,840,431.84 C$2,324,412.91

C$526,773.46 C$526,773.46

C$4,051,036.43
C$55,615.39
C$2,367,205.30 C$6,957,838.18

2024 2025
C$8,026,662.64 C$8,907,520.97
C$2,252,650.73 C$2,262,845.79
C$971,131.22 C$987,638.38
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46

C$4,088,581.55 C$4,940,139.13
C$1,226,574.47 C$1,482,041.74
C$2,862,007.09 C$3,458,097.39

C$526,773.46 C$526,773.46

C$4,051,036.43
C$55,615.39
C$3,388,780.55 C$8,091,522.66

2024 2025
C$8,391,510.94 C$9,312,408.29
C$2,252,650.73 C$2,262,845.79
C$971,131.22 C$987,638.38
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46

C$4,453,429.86 C$5,345,026.45
C$1,336,028.96 C$1,603,507.94
C$3,117,400.90 C$3,741,518.52

C$526,773.46 C$526,773.46

C$4,051,036.43
 C$55,615.39
C$3,644,174.36 C$8,374,943.79

2024 2025
C$8,756,359.24 C$9,717,295.60
C$2,252,650.73 C$2,262,845.79
C$971,131.22 C$987,638.38
C$187,525.68 C$190,124.20
C$526,773.46 C$526,773.46

C$4,818,278.16 C$5,749,913.77
C$1,445,483.45 C$1,724,974.13
C$3,372,794.71 C$4,024,939.64

C$526,773.46 C$526,773.46

C$4,051,036.43
C$55,615.39
C$3,899,568.17 C$8,658,364.91
nciamiento Analisis de Sensibilidad sin financiamiento
TIR Reduccion de venta VPN TIR
11% 20% -$107,013.43 15%
17% 15% $124,685.29 16%
23% 10% $878,423.01 19%

nciamiento Analisis de Sensibilidad sin financiamiento

TIR Aumento de venta VPN TIR
46% 20% $5,400,849.32 37%
52% 15% $954,947.72 34%
58% 10% $3,893,373.88 31%