FARMACIA LA ESPER
EVALUACION FINANC
Conceptos 0 1 2
Inversion inicial (80,000.00)
Ventas 360,000.00 378,000.00
Medicamentos de canasta básica 10% 36,000.00 37,800.00
Medicamentos generales 60% 216,000.00 226,800.00
Lácteos para infantes 10% 36,000.00 37,800.00
Cosméticos y otros 20% 72,000.00 75,600.00
Costo de Ventas 279,000.00 292,950.00
Medicamentos de canasta básica 83% 29,880.00 31,374.00
Medicamentos generales 77% 166,320.00 174,636.00
Lácteos para infantes 90% 32,400.00 34,020.00
Cosméticos y otros 70% 50,400.00 52,920.00
Utilidad Bruta 81,000.00 85,050.00
Gastos de operación 60,300.00 62,712.00
Depreciacion 3,000.00 3,000.00
Venta de Activo
Utilidad Antes IR 17,700.00 19,338.00
IR 30% 5,310.00 5,801.40
Utilidad Neta 12,390.00 13,536.60
Depreciacion 3,000.00 3,000.00
Capital de Trabajo
Flujo Neto (80,000.00) 15,390.00 16,536.60
Conceptos Salario Mensual Año
Gerente 800.00 9,600.00
Contador 250.00 3,000.00
Dep 900.00 10,800.00
Total Salarios Anuales 23,400.00
Prestaciones S. 11,700.00
Sub Total 35,100.00
Servicio Pro. 7,200.00
Total 12.00 42,300.00
15,390.00 16,536.60
0
Indicadores Financieros Resultados 1
Valor Actual Neto (VAN) $66,250.12 $146,250.12 2
Tasa Interna de Retorno (TIR) 23% 3
Relacion Beneficio Costo ( R. B/C) 1.83 4
Periodo de Recuperacion 4.55 5
6
7
8
9
10
Ejemplo de video: [Link]
FCN(Sin Financ) (10,150.00) 4,750.00
VAN 215.23
TIR 9%
FCN(Con Financ) (6,150.00) 2,571.00
VAN 302.91
TIR 11%
FARMACIA LA ESPERANZA
EVALUACION FINANCIERA
3 4 5 6 7 8 9
396,900.00 416,745.00 437,582.25 459,461.36 482,434.43 506,556.15 531,883.96
39,690.00 41,674.50 43,758.23 45,946.14 48,243.44 50,655.62 53,188.40
238,140.00 250,047.00 262,549.35 275,676.82 289,460.66 303,933.69 319,130.38
39,690.00 41,674.50 43,758.23 45,946.14 48,243.44 50,655.62 53,188.40
79,380.00 83,349.00 87,516.45 91,892.27 96,486.89 101,311.23 106,376.79
307,597.50 322,977.38 339,126.24 356,082.56 373,886.68 392,581.02 412,210.07
32,942.70 34,589.84 36,319.33 38,135.29 40,042.06 42,044.16 44,146.37
183,367.80 192,536.19 202,163.00 212,271.15 222,884.71 234,028.94 245,730.39
35,721.00 37,507.05 39,382.40 41,351.52 43,419.10 45,590.05 47,869.56
55,566.00 58,344.30 61,261.52 64,324.59 67,540.82 70,917.86 74,463.75
89,302.50 93,767.63 98,456.01 103,378.81 108,547.75 113,975.13 119,673.89
65,220.48 67,829.30 70,542.47 73,364.17 76,298.74 79,350.69 82,524.71
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
21,082.02 22,938.33 24,913.54 27,014.64 29,249.01 31,624.45 34,149.18
6,324.61 6,881.50 7,474.06 8,104.39 8,774.70 9,487.33 10,244.75
14,757.41 16,056.83 17,439.47 18,910.25 20,474.31 22,137.11 23,904.42
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
17,757.41 19,056.83 20,439.47 21,910.25 23,474.31 25,137.11 26,904.42
Otros Costos Fijos
Alquiler 500.00 6,000.00
Papeleria 500.00 6,000.00
Servicios Pub. 500.00 6,000.00
18,000.00 60,300.00
17,757.41 19,056.83 20,439.47 21,910.25 23,474.31 25,137.11 26,904.42
(80,000.00) $ 80,000.00 NO
15,390.00 $ 64,610.00 NO
16,536.60 $ 48,073.40 NO
17,757.41 $ 30,315.99 NO
19,053.83 $ 11,262.16 NO
20,439.47 $ 0.55 SI
21,910.25
23,474.31
25,137.11
26,904.42
32,982.32
tch?v=0HWEnEXDyxo
6,960.00
4,750.00
10
558,478.16
55,847.82
335,086.89
55,847.82
111,695.63
432,820.57
46,353.69
258,016.91
50,263.03
78,186.94
125,657.59
85,825.70
3,000.00
6,000.00
42,831.88
12,849.56
29,982.32
3,000.00
50,000.00
82,982.32 91,949.18
82,982.32
FARMACIA LA ESPER
EVALUACION FINAN
Conceptos 0 1 2
Prestamo Bancario 40,000.00
Ventas 360,000.00 378,000.00
Medicamentos de canasta básica 10% 36,000.00 37,800.00
Medicamentos generales 60% 216,000.00 226,800.00
Lácteos para infantes 10% 36,000.00 37,800.00
Cosméticos y otros 20% 72,000.00 75,600.00
Costo de Ventas 279,000.00 292,950.00
Medicamentos de canasta básica 83% 29,880.00 31,374.00
Medicamentos generales 77% 166,320.00 174,636.00
Lácteos para infantes 90% 32,400.00 34,020.00
Cosméticos y otros 70% 50,400.00 52,920.00
Utilidad Bruta 81,000.00 85,050.00
Gastos de operación 60,300.00 62,712.00
Gastos Financieros 3,200.00 2,979.11
Depreciacion 3,000.00 3,000.00
Venta de Activo
Utilidad Antes IR 14,500.00 16,358.89
IR 30% 4,350.00 4,907.67
Utilidad Neta 10,150.00 11,451.23
Depreciacion 3,000.00 3,000.00
Mobiliario y Equipo (30,000.00)
Capital de Trabajo (50,000.00)
Amortizacion 2,761.18 2,982.07
Flujo Neto (40,000.00) 10,388.82 11,469.15
Conceptos Salario Mensual Año
Gerente 800.00 9,600.00
Contador 250.00 3,000.00
Dep 900.00 10,800.00
Total Salarios Anuales 23,400.00
Prestaciones S. 11,700.00
Sub Total 35,100.00
Servicio Pro. 7,200.00
Total 12.00 42,300.00
0
1
2
Indicadores Financieros Resultados 3
Valor Actual Neto (VAN) $73,666.62 $113,666.62 4
Tasa Interna de Retorno (TIR) 34% 5
Relacion Beneficio Costo ( R. B/C) 2.84 6
Periodo de Recuperacion 3.40 7
8
9
10
8%
TABLA DE AMORTIZACION
AÑO CUOTA AMORTIZACION INTERESES
-
1 5,961.18 2,761.18 3,200.00
2 5,961.18 2,982.07 2,979.11
3 5,961.18 3,220.64 2,740.54
4 5,961.18 3,478.29 2,482.89
5 5,961.18 3,756.55 2,204.63
6 5,961.18 4,057.08 1,904.10
7 5,961.18 4,381.64 1,579.53
8 5,961.18 4,732.18 1,229.00
9 5,961.18 5,110.75 850.43
10 5,961.18 5,519.61 441.57
TOTAL 59,611.80 40,000.00 19,611.80
Ejemplo de video: [Link]
FCN(Sin Financ) (10,150.00) 4,750.00
VAN 215.23
TIR 9%
FCN(Con Financ) (6,150.00) 2,571.00
VAN 302.91
TIR 11%
FARMACIA LA ESPERANZA
EVALUACION FINANCIERA
3 4 5 6 7 8 9
396,900.00 416,745.00 437,582.25 459,461.36 482,434.43 506,556.15 531,883.96
39,690.00 41,674.50 43,758.23 45,946.14 48,243.44 50,655.62 53,188.40
238,140.00 250,047.00 262,549.35 275,676.82 289,460.66 303,933.69 319,130.38
39,690.00 41,674.50 43,758.23 45,946.14 48,243.44 50,655.62 53,188.40
79,380.00 83,349.00 87,516.45 91,892.27 96,486.89 101,311.23 106,376.79
307,597.50 322,977.38 339,126.24 356,082.56 373,886.68 392,581.02 412,210.07
32,942.70 34,589.84 36,319.33 38,135.29 40,042.06 42,044.16 44,146.37
183,367.80 192,536.19 202,163.00 212,271.15 222,884.71 234,028.94 245,730.39
35,721.00 37,507.05 39,382.40 41,351.52 43,419.10 45,590.05 47,869.56
55,566.00 58,344.30 61,261.52 64,324.59 67,540.82 70,917.86 74,463.75
89,302.50 93,767.63 98,456.01 103,378.81 108,547.75 113,975.13 119,673.89
65,220.48 67,829.30 70,542.47 73,364.17 76,298.74 79,350.69 82,524.71
2,740.54 2,482.89 2,204.63 1,904.10 1,579.53 1,229.00 850.43
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
18,341.48 20,455.44 22,708.91 25,110.54 27,669.48 30,395.44 33,298.75
5,502.44 6,136.63 6,812.67 7,533.16 8,300.84 9,118.63 9,989.62
12,839.04 14,318.81 15,896.24 17,577.37 19,368.63 21,276.81 23,309.12
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
3,220.64 3,478.29 3,756.55 4,057.08 4,381.64 4,732.18 5,110.75
12,618.40 13,840.52 15,139.68 16,520.30 17,986.99 19,544.63 21,198.37
Otros Costos Fijos
Alquiler 500.00 6,000.00
Papeleria 500.00 6,000.00
Servicios Pub. 500.00 6,000.00
18,000.00 60,300.00
(40,000.00) 40000 NO
10,388.82 29,611.18 NO
11,469.15 18,142.03 NO
12,618.40 5,523.63 NO
13,840.52 0.40 SI
15,139.68
16,520.30
17,986.99
19,544.63
21,198.37
77,153.61
SALDO
40,000.00
37,238.82
34,256.75
31,036.11
27,557.82
23,801.26
19,744.18
15,362.54
10,630.36
5,519.61
-
atch?v=0HWEnEXDyxo
6,960.00
4,750.00
10
558,478.16
55,847.82
335,086.89
55,847.82
111,695.63
432,820.57
46,353.69
258,016.91
50,263.03
78,186.94
125,657.59
85,825.70
441.57
3,000.00
6,000.00
42,390.31
12,717.09
29,673.22
3,000.00
50,000.00
5,519.61
77,153.61
SIN FINANCIAMIENTO CON FINANCIAMIENTO
Inversion Inicial $ 80,000.00 $ 40,000.00
plazo 10 años 10 años
Costo de Capital 10% 8%
VA $ 146,250.12 $ 113,666.62
VAN $ 66,250.12 $ 73,666.62
TIR 23% 34%
BCR 1.83% 2.84%
PRI 4.55 3.40
1.15
No me descapitalizo
El costo de la inversion es menor en el mismo plazo
El retorno es mayor
El periodo de recuperacion es menor
