Beruflich Dokumente
Kultur Dokumente
2006
2007
2008
2009
100.00%
100.00%
100.00%
100.00%
52.00%
48.00%
52.85%
47.15%
53.47%
46.53%
53.47%
46.53%
4.08%
0.56%
8.43%
2.55%
3.45%
19.07%
3.61%
0.49%
7.02%
2.26%
3.45%
16.83%
3.57%
0.49%
6.28%
2.23%
3.46%
16.03%
3.39%
0.47%
5.98%
2.12%
3.45%
15.41%
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
7.00%
2.83%
0.05%
9.88%
8.78%
2.34%
0.05%
11.17%
9.50%
2.05%
0.08%
11.63%
9.04%
1.95%
0.00%
10.99%
0.00%
4.18%
4.18%
33.13%
0.00%
4.15%
4.15%
32.15%
0.00%
4.34%
4.34%
32.01%
0.00%
4.13%
4.13%
30.53%
0.00%
0.00%
0.00%
0.00%
14.87%
14.99%
14.53%
16.01%
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
REALES
Ingreso por Ventas
Menos:
Costo de Mercadera Vendida
Utilidad Bruta
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
Depreciacin
2006
2007
2008
2009
100.00%
100.00%
100.00%
100.00%
52.00%
48.00%
52.85%
47.15%
53.47%
46.53%
53.50%
46.50%
4.08%
0.56%
8.41%
2.55%
3.55%
0.49%
6.90%
2.22%
3.39%
0.47%
5.98%
2.12%
3.37%
0.46%
5.55%
2.11%
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
3.45%
19.04%
3.45%
16.60%
3.45%
15.41%
3.61%
15.10%
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
6.99%
2.83%
0.04%
9.86%
8.63%
2.30%
0.02%
10.95%
9.04%
1.95%
0.00%
10.99%
9.60%
1.76%
0.00%
11.35%
0.00%
4.17%
4.17%
33.08%
0.00%
4.08%
4.08%
31.63%
0.00%
4.13%
4.13%
30.53%
0.00%
4.16%
4.16%
30.61%
0.00%
0.00%
0.00%
0.00%
14.92%
15.52%
16.01%
15.89%
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
2006
2007
2008
2009
2010
2011
2012
5000000.00
4500000.00
4000000.00
3500000.00
3000000.00
ingreso por ve
2500000.00
costo de vent
2000000.00
1500000.00
1000000.00
500000.00
0.00
2006
2007
2008
2009
2010
2011
2012
GAS. ADN
COMERCIALISACION
C,FIN. VARIO UTIL. BRUTA
75190.00
128925.30
76944.09
885391.34
80580.00
196013.00
92739.97 1071078.10
90800.00
241741.75
110435.93 1244596.91
100000.00
284666.09
284,666.09 1379343.22
104830.00
247995.94
247,995.94 1332250.86
104830.00
159603.68
159,603.68 1237194.42
104830.00
159603.68
159603.68 1771549.76
2500000.00
2000000.00
1500000.00
1000000.00
500000.00
0.00
2006 2007 2008 2009 2010 2011 2012
OTROS INGRESO
TOTAL GASTO.ADM
UTILIDAD (PERDIDA)
AOSDEL EJERCICIO
0.00
351271.20
275232.09
2006
0.00
377050.95
352606.27
2007
0.00
412086.96
428090.20
2008
0.00
447887.76
471242.23
2009
0.00
467186.70
429139.88
2010
0.00
467680.41
409606.24
2011
0.00
469351.50
929460.18
2012
1600000.00
1400000.00
1200000.00
1000000.00
800000.00
600000.00
OTROS INGRESO
400000.00
200000.00
200000.00
0.00
2006 2007 2008 2009 2010 2011 2012
ESULTADO
2010
2011
2012
100.00%
100.00%
100.00%
53.50%
46.50%
54.36%
45.64%
44.61%
55.39%
3.51%
0.48%
5.52%
2.20%
3.95%
15.66%
3.28%
0.45%
5.42%
2.05%
3.45%
14.65%
3.28%
0.45%
5.68%
2.05%
3.45%
14.90%
8.31%
1.75%
0.08%
10.15%
5.00%
1.64%
0.14%
6.78%
4.99%
1.63%
0.39%
7.01%
0.00%
4.40%
4.40%
30.20%
0.00%
4.25%
4.25%
25.68%
0.00%
4.32%
4.32%
26.23%
0.00%
0.00%
0.00%
16.30%
19.96%
29.15%
2010
2011
2012
100.00%
100.00%
100.00%
53.50%
46.50%
54.36%
45.64%
44.61%
55.39%
3.66%
0.50%
5.75%
2.29%
3.87%
0.53%
6.38%
2.42%
3.28%
0.45%
5.68%
2.05%
4.11%
16.31%
4.06%
17.25%
3.22%
14.67%
8.66%
1.82%
0.15%
10.63%
5.89%
1.93%
0.46%
8.27%
4.99%
1.63%
0.71%
7.33%
0.00%
4.58%
4.58%
31.52%
0.00%
5.01%
5.01%
30.53%
0.00%
4.32%
4.32%
26.33%
0.00%
0.00%
0.00%
14.98%
15.11%
29.06%
AO
2006
2007
2008
2009
2010
2011
2012
UTIL. BRUTA
C,FIN. VARIO
COMERCIALISACION
GAS. ADN
AOS
Proy 2006 2006-2007 Proy 2007
1841790.00
2007-2008
21.2 2,232,211.20
14
957730.80
884059.20
23.2 1,179,771.96
19.0 1,052,439.24
15.3
12.5
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
75190.00
10308.55
155173.20
46993.75
63510.00
351175.50
7.2
7.2
1.0
7.2
21.2
7.0
80,580.00
11,047.52
156,724.93
50,362.50
76,972.80
375,687.75
12.7
12.7
2.0
12.7
14.5
8.6
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
128925.30
52200.00
861.96
181987.26
52.0
0.0
27.0
37.0
196,013.09
52,200.00
1,094.64
249,307.72
23.3
0.0
94.3
18.8
0.00
76944.09
76944.09
610106.85
0.0
20.5
20.5
17.6
0.00
92,739.97
92,739.97
717,735.45
0.0
19.1
19.1
13.5
0.00
0.0
0.00
0.0
273952.35
22.2
334,703.79
10.4
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
proyectados
Ingreso por Ventas
Menos:
Costo de Mercadera Vendida
Utilidad Bruta
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
AOS
Real 2006 2006-2007 REAL 2007
2007-2008
1844565.3
21.2
2271744
14.0
959173.96
885391.34
23.2
19.0
1200665.9
1071078.1
15.3
12.5
75190
10308.55
155173.2
7.2
7.2
1.0
80580
11047.52
156724.93
12.7
12.7
2.0
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
46993.75
63605.7
351271.2
7.2
21.2
7.0
50362.5
78336
377050.95
12.7
14.5
8.6
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
128925.3
52200
818.66
181943.96
52.0
0.0
27.0
37.0
196013
52200
467.91
248680.91
23.3
0.0
94.3
18.8
0
76944.09
76944.09
610159.25
0.0
20.5
20.5
17.6
0
92739.97
92739.97
718471.83
0.0
19.1
19.1
13.5
0.0
0.0
275232.09
22.2
352606.27
10.4
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
ULTADO
Proy. 2008 2008-2009 Proy.2009
2544649.95
10.5
1360502.61
1184147.34
10.6 1504807.01
10.5 1307955.19
6.1 1596370.31
6.1 1387420.84
90800.00
12448.68
159859.43
56750.00
88151.55
408009.66
10.1
100000
10.1
13710
0.0 159859.431
10.1
62500
21.4
107022.55
8.6 443091.981
241741.75
52200.00
2127.00
296068.75
0.00
110432.85
110432.85
814511.26
0.00
369636.08
1735149
1456924.5
-17.8
21.6
4.8
104830
4.8
14372.193
3.0 164655.208
4.8
65518.75
10.1
117810.55
5.4 467186.701
0.0
104830
0.0
14372.193
5.0 172887.966
0.0
65518.75
-6.6
110071.5
0.1 467680.409
0.0
0.0
5.0
0.0
0.2
1.9
0.0
241741.75
0.0
52200
11.6 2373.76224
0.1 296315.512
2.6 247995.936
0.0
52200
6.1 2519.57049
2.2 302715.506
-35.6 159603.675
0.0
52200
80.9 4558.42826
-28.5 216362.103
0.0
0.0
174.5
3.7
0.0
0
11.8
123437.34
11.8
123437.34
5.9 862844.832
0.0
0
6.4 131302.295
6.4 131302.295
4.4 901204.503
0.0
0
3.3 135695.044
3.3 135695.044
-9.0 819737.557
0.0
1.8
1.8
2.4
0.0
20.4 445110.356
0.0
9.2 486216.335
8.7
5.0
0.0
0.0
31.1 637186.942
46.3
Real 2008
2008-2009 Real 2009
2009-2010 Real 2010
2010-2011 Real 2011
2011-2012
2674636.65
10.5
2966282.4
6.1
2865231.9
7.0
2710659
0.2
1430039.74
1244596.91
90800
12448.68
159859.43
10.6 1586939.22
10.5 1379343.18
6.1 1532981.04
6.1 1332250.86
8.7 1473464.58
5.0 1237194.42
-17.8
21.6
10.1
10.1
0.0
4.8
104830
4.8
14372.193
3.0 164655.208
0.0
104830
0.0
14372.193
5.0 172887.966
0.0
0.0
5.0
100000
13710
164655.21
56750
92228.85
412086.96
10.1
21.4
8.6
62500
107022.55
447887.76
4.8
65518.75
10.1
117810.55
5.4 467186.701
0.0
65518.75
-6.6
110071.5
0.1 467680.409
0.0
0.2
1.9
241741.75
52200
42.07
293983.82
0.0
0.0
11.6
0.1
284666.09
52200
-90.2
336775.89
2.6 247995.936
0.0
52200
6.1 4422.49657
2.2 304618.433
-35.6 159603.675
0.0
52200
80.9 12409.0547
-28.5
224212.73
0.0
0.0
174.5
3.7
0
110435.93
110435.93
816506.71
0.0
11.8
11.8
5.9
0
123437.34
123437.34
908100.99
0.0
0
6.4
131305.85
6.4
131305.85
4.4 903110.984
0.0
0
3.3 135695.044
3.3 135695.044
-9.0 827588.183
0.0
1.8
1.8
2.4
0.0
428090.2
20.4
471242.19
0.0
9.2 429139.876
0.0
0.0
31.1 409606.237
46.3
Proy 2012
3198468
1426918.24
1771549.76
104830
14372.193
181532.364
65518.75
110292
476545.307
159603.675
52200
12513.5141
224317.189
0
138184.862
138184.862
839047.358
0
932502.402
Real 2012
3198468
1426918.24
1771549.76
104830
14372.193
181532.364
65518.75
103098.19
469351.497
159603.675
52200
22749.5485
234553.223
0
138184.862
138184.862
842089.583
0
929460.177
ESTADO DE RESULTADO
proyectados
Ingreso por Ventas
Menos:
Costo de Mercadera Vendida
Utilidad Bruta
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
AOS
Proy 2006
Proy 2007
Proy. 2008 Proy.2009
Proy 2010
1841790
2232211.2 2544649.95
2812762.2 2983791.15
957730.8 1179771.96 1360502.61 1504807.01 1596370.31
884059.2 1052439.24 1184147.34 1307955.19 1387420.84
75190
80580
10308.55
11047.518
155173.2 156724.932
46993.75
50362.5
63510
76972.8
351175.5
375687.75
90800
100000
104830
12448.68
13710
14372.193
159859.43 159859.431 164655.208
56750
62500
65518.75
88151.55
107022.55
117810.55
408009.66 443091.981 467186.701
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
128925.3 196013.088
52200
52200
861.96 1094.63651
181987.26 249307.725
241741.75
241741.75 247995.936
52200
52200
52200
2127 2373.76224 2519.57049
296068.75 296315.512 302715.506
0
0
76944.09 92739.9732
76944.09 92739.9732
610106.85 717735.448
0
0
0
110432.85
123437.34 131302.295
110432.85
123437.34 131302.295
814511.26 862844.832 901204.503
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
REALES
Ingreso por Ventas
Menos:
Costo de Mercadera Vendida
Utilidad Bruta
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
273952.35
334703.795
369636.08
445110.356
486216.335
Real 2006
REAL 2007 Real 2008
Real 2009
Real 2010
1844565.3
2271744 2674636.65
2966282.4
2865231.9
959173.96
885391.34
75190
10308.55
155173.2
90800
12448.68
159859.43
100000
104830
13710
14372.193
164655.21 164655.208
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
46993.75
63605.7
351271.2
50362.5
78336
377050.95
56750
92228.85
412086.96
62500
65518.75
107022.55
117810.55
447887.76 467186.701
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
128925.3
52200
818.66
181943.96
196013
52200
467.91
248680.91
241741.75
52200
42.07
293983.82
284666.09 247995.936
52200
52200
-90.2 4422.49657
336775.89 304618.433
0
76944.09
76944.09
610159.25
0
92739.97
92739.97
718471.83
0
110435.93
110435.93
816506.71
0
0
123437.34
131305.85
123437.34
131305.85
908100.99 903110.984
275232.09
352606.27
428090.2
471242.19
429139.876
273952.35
334703.795
369636.08
445110.356
486216.335
Mas:
Otros ingresos:
intereses DPF
DO
Proy 2011
Proy 2012
3192073.5
3198468
1735149 1426918.24
1456924.5 1771549.76
104830
104830
14372.193
14372.193
172887.966 181532.364
65518.75
65518.75
110071.5
110292
467680.409 476545.307
159603.675 159603.675
52200
52200
4558.42826 12513.5141
216362.103 224317.189
0
0
135695.044 138184.862
135695.044 138184.862
819737.557 839047.358
637186.942
932502.402
Real 2011
Real 2012
2710659
3198468
1473464.58 1426918.24
1237194.42 1771549.76
104830
104830
14372.193
14372.193
172887.966 181532.364
65518.75
65518.75
110071.5
103098.19
467680.409 469351.497
159603.675 159603.675
52200
52200
12409.0547 22749.5485
224212.73 234553.223
0
0
135695.044 138184.862
135695.044 138184.862
827588.183 842089.583
409606.237
929460.177
637186.942
932502.402
REALES
2006 P
2007 P
2008 P
2009 P
22%
0%
31%
0%
39%
0%
38.75%
0.00%
52%
0%
0%
57%
0%
5%
44%
0%
3%
49.44%
0.00%
0.00%
2%
80%
2%
86%
3%
89%
2.66%
88.75%
23%
-3%
20%
100%
19%
-5%
14%
100%
17%
-6%
11%
100%
17.03%
-5.78%
11.25%
100.00%
42%
39%
37%
36.62%
0%
0%
0%
0.00%
4%
46%
4%
43%
3%
40%
3.47%
40.09%
37%
28%
23%
22.50%
0%
1%
1%
1.18%
17%
54%
28%
57%
36%
60%
36.23%
59.91%
100%
100%
100%
100.00%
2006 R
2007 R
2008 R
2009 R
ACTIVO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
TOTAL ACTIVO CORRIENTE
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
22.58%
0.00%
20.87%
0.00%
27.02%
0.00%
32.68%
0.00%
69.14%
0.00%
0.00%
35.25%
0.00%
2.70%
32.56%
0.00%
2.63%
30.08%
0.00%
2.45%
1.75%
78.85%
0.48%
90.65%
0.03%
92.64%
-0.06%
94.12%
24.17%
-3.02%
21.15%
100.00%
12.33%
-2.98%
9.35%
100.00%
11.14%
-3.78%
7.36%
100.00%
10.38%
-4.50%
5.88%
100.00%
100.00%
90.29%
90.12%
90.26%
0.00%
0.00%
0.00%
0.00%
0.00%
100.00%
9.71%
100.00%
9.88%
100.00%
9.74%
100.00%
68.55%
48.87%
36.23%
28.21%
0.00%
1.12%
0.83%
1.65%
31.45%
100.00%
100.00%
50.01%
100.00%
100.00%
62.94%
100.00%
100.00%
70.14%
100.00%
100.00%
ALISIS VERTICAL
2010 P
2011 P
2012 P
47%
0%
28%
0%
18%
0%
43%
0%
4%
58%
0%
6%
49%
0%
7%
2%
93%
6%
94%
24%
96%
15%
-8%
7%
100%
19%
-13%
6%
100%
17%
-13%
4%
100%
34%
44%
39%
0%
0%
0%
4%
37%
6%
50%
7%
46%
17%
22%
19%
2%
3%
3%
44%
63%
25%
50%
31%
54%
100%
100%
100%
2010 R
2011 R
2012 R
15.48%
0.00%
13.36%
0.00%
6.34%
0.00%
36.70%
0.00%
2.80%
34.43%
0.00%
2.72%
32.70%
0.00%
2.15%
3.85%
93.68%
10.90%
95.35%
20.90%
96.94%
13.68%
-7.36%
6.32%
100.00%
13.81%
-9.16%
4.65%
100.00%
14.44%
-11.39%
3.06%
100.00%
91.54%
92.09%
93.99%
0.00%
0.00%
0.00%
8.46%
100.00%
7.91%
100.00%
6.01%
100.00%
52.68%
52.46%
56.38%
5.16%
7.01%
9.47%
42.16%
100.00%
100.00%
40.53%
100.00%
100.00%
34.15%
100.00%
100.00%
proyectados
ACTIVO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
TOTAL ACTIVO CORRIENTE
349783.30
0.00
915288.09
846800.00
0.00
68488.09
89.1
0.0
21.3
21.2
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
2007-2008
22.2
661,579.39
0.00
1,109,979.95
1,026,304.00
0.00
83,675.95
56.2
0.0
13.7
14.0
0.0
10.4
28731.92
1293803.31
27.0
39.7
36,490.83
1,808,050.16
94.3
30.9
375950.00
-46993.75
328956.25
1622759.56
7.2
107.2
-7.1
30.2
402,900.00
-97,356.25
305,543.75
2,113,593.91
12.7
58.3
-1.8
26.2
680319.12
20.5
819,982.08
19.1
0.00
0.0
0.00
0.0
68488.09
748807.21
22.2
20.7
83,675.95
903,658.03
10.4
18.3
600000.00
0.0
600000
0.0
0.00
0.0
13761.6045
128.1
273952.35
873952.35
117.6
38.4
596174.2801
1209935.885
62.0
32.0
1622759.56
30.2
2113593.913
26.2
REALES
Real 2006
2007-2008
ACTIVO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
TOTAL ACTIVO CORRIENTE
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
351230.19
0
848076
848076
0
0
94.2
27288.77
1226594.96
-100.0
33.6
0.0
0.0
0.0
-42.8
49.2
682199.72
0
0
1132631.55
0
88151.55
15596.89
15596.89
1830428.16
61.4
0.0
-91.0
33.3
375950
-46993.75
328956.25
1555551.21
7.2
107.2
-7.1
37.3
402900
-97356.25
305543.75
2135971.91
12.7
58.3
-1.8
28.3
680319.12
20.5
819982.08
19.1
0.0
0.0
0
680319.12
0.0
33.5
88151.55
908133.63
21.4
600000
0.0
600000
0.0
0.0
13761.6
0.0
275232.09
875232.09
123.1
40.3
614076.67
1227838.27
69.7
34.9
1555551.21
37.3
2135971.9
28.3
8.6
0.0
21.4
2009-2010 Proy.2010
2010-2011 Proy.2011
2011-2012
1033144.32
0
1262363.02
1169954.00
0
92409.02
48.7 1536695.63
0.0
0
11.3 1404501.59
10.5
1293224
0.0
0
20.4 111277.589
6.0 1628778.07
0.0
0
6.3 1493412.08
6.1
1371858
0.0
0
9.2 121554.084
-52.6 772198.856
0.0
0
8.9 1626916.74
7.0
1467620
0.0
0
31.1 159296.736
-26.6
0.0
4.7
0.2
0.0
46.3
70900.09
2366407.43
11.6 79125.4081
87.0 4424824.21
6.1 83985.6829
-27.5 3206175.84
80.9 151947.609
-20.4
2551063.2
399.1
18.7
454000.00
-154106.25
299893.75
2666301.18
10.1
500000
40.6 -216606.25
-5.5
283393.75
76.6 4708217.96
4.8
524150
30.2
-282125
-14.6
242025
-26.8 3448200.84
0.0
524150
23.2 -347643.75
-27.1
176506.25
-20.9 2727569.45
0.0
18.8
-37.1
15.1
6.4 1160939.84
3.3 1199779.35
1.8
0.0
0.0
0.0
31.1 159296.736
6.0 1359076.09
46.3
7.1
976417.80
11.8
1091400
92409.02
1068826.82
20.4 111277.589
12.5 1202677.59
9.2 121554.084
6.6 1282493.92
600000
0.0
600000
0.0
600000
0.0
600000
0.0
31391.91
12.0
35166.11
67.0
58728.22
36.5
80185.2
25.7
966082.44
1597474.35
51.7 1465872.72
31.5 2101038.83
2.8 1506978.69
3.1 2165706.91
-54.3 688308.162
-36.8 1368493.36
42.9
23.1
2666301.17
23.9 3303716.42
4.4 3448200.83
-20.9 2727569.45
15.1
Real 2008
2011-2012
1101359.3
0
1336740.55
1229718
0
107022.55
48.7 1574375.68
0.0
0
11.3 1481618.55
10.5
1363808
0.0
0
20.4
117810.55
-62.3
593088.15
0.0
0
-3.8 1424632.94
-3.4
1317348
0.0
0
-8.9
107284.94
-14.5 507060.289
0.0
0
-5.3
1349378.2
-5.4
1246280
0.0
0
-3.9 103098.199
-54.7
0.0
-6.3
-4.8
0.0
-24.3
1402.46
2439502.31
11.6
-3006.77
87.0 4534606.01
-5003.0
147420.55
-20.8 3589774.58
180.6 413635.157
0.8 3619451.84
83.3
-2.8
454000
-154106.25
299893.75
2739396.06
10.1
500000
40.6 -216606.25
-5.5
283393.75
76.6 4817999.76
4.8
524150
30.2
-282125
-14.6
242025
-20.5 3831799.58
0.0
524150
23.2 -347643.75
-27.1
176506.25
-0.9 3795958.09
0.0
18.8
-37.1
-4.4
6.4 1160971.28
3.3 1199779.35
1.8
0.0
0.0
0.0
-3.9 103098.199
2.7 1302877.55
-24.3
-0.2
976445.04
11.8
1091400
107022.55
1083467.59
20.4
117810.55
12.5 1209210.55
-8.9
107284.94
4.9 1268256.22
600000
0.0
600000
0.0
600000
0.0
600000
0.0
13761.6
12.0
35166.11
67.0
58728.22
36.5
80185.2
25.7
1042166.87
1655928.47
51.7 1492004.55
31.5 2127170.66
-67.8
480182.19
-46.5 1138910.41
-3.5 463518.007
0.4 1143703.21
-21.6
-6.9
2739396.06
23.9 3336381.21
-27.9 2407166.63
1.6 2446580.76
-3.4
Proy.2012
566433.159
0
1703685.6
1470560
0
233125.6
758318.59
3028437.35
524150
-413162.5
110987.5
3139424.85
1221793.65
0
233125.6
1454919.25
600000
100804.85
983700.742
1684505.59
3139424.84
Real 2012
229949.435
0
1264839.67
1186780
0
78059.6693
758318.59
3517947.36
524150
-413162.5
110987.5
3628934.86
1221793.65
0
78059.6693
1299853.32
600000
100804.85
363437.017
1064241.87
2364095.19
proyectados
Proy 2006
Proy 2007
Proy. 2008
Proy.2009
ACTIVO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
TOTAL ACTIVO CORRIENTE
28731.92 36490.8263
70900.09 79125.4081
1293803.31 1808050.16 2366407.43 4424824.21
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
375950
402900
454000
500000
-46993.75
-97356.25 -154106.25 -216606.25
328956.25
305543.75
299893.75
283393.75
1622759.56 2113593.91 2666301.18 4708217.96
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
680319.12
819982.08
976417.8
1091400
68488.09 83675.9486
748807.21 903658.029
600000
92409.02 111277.589
1068826.82 1202677.59
600000
600000
600000
0 13761.6045
31391.91
35166.11
273952.35
873952.35
596174.28
966082.44 1465872.72
1209935.88 1597474.35 2101038.83
351230.19
0
848076
682199.72
1101359.3 1574375.68
0
0
0
1220783.1 1336740.55 1481618.55
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
TOTAL ACTIVO CORRIENTE
27288.77
15596.89
1402.46
-3006.77
1226594.96 1830428.16 2439502.31 4534606.01
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
375950
402900
454000
500000
-46993.75
-97356.25 -154106.25 -216606.25
328956.25
305543.75
299893.75
283393.75
1555551.21 2135971.91 2739396.06 4817999.76
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
848076 1132631.55
0
0
0
88151.55
1229718
0
107022.55
1363808
0
117810.55
680319.12
819982.08
976445.04
1091400
0
680319.12
88151.55
908133.63
600000
600000
600000
600000
13761.6
13761.6
35166.11
107022.55
117810.55
1083467.59 1209210.55
275232.09
875232.09
1555551.21
Proy.2010
Proy.2011
Proy.2012
524150
524150
524150
-282125 -347643.75
-413162.5
242025
176506.25
110987.5
3448200.84 2727569.45 3139424.85
121554.084 159296.736
233125.6
1282493.92 1359076.09 1454919.25
600000
600000
600000
58728.22
80185.2
100804.85
1317348
1246280
1186780
0
0
0
107284.94 103098.199 78059.6693
147420.55 413635.157
758318.59
3589774.58 3619451.84 3517947.36
524150
524150
524150
-282125 -347643.75
-413162.5
242025
176506.25
110987.5
3831799.58 3795958.09 3628934.86
600000
600000
600000
58728.22
80185.2
100804.85
2006 P
2007 P
% VARIACION
1,841,790.00 2,232,211.20
21.20%
884,059.20 1,052,439.24
533,162.76
273,952.35
624,995.47
334,703.79
81.25%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
Utilidad Operativa
Utilidad (Prdida) del ejercicio
128.75%
2007 P
2008 P
% VARIACION
2,232,211.20 2,544,649.95
14.00%
1,052,439.24 1,184,147.34
624,995.47
334,703.79
704,078.41
369,636.08
Utilidad Operativa
Utilidad (Prdida) del ejercicio
82%
2008 P
2009 P
% VARIACION
2,544,649.95 2,812,762.20
10.54%
1,184,147.34 1,307,955.19
704,078.41
369,636.08
739,407.49
445,110.36
Utilidad Operativa
Utilidad (Prdida) del ejercicio
GAO = % VAR. UO / % VAR. VTA
5.02%
20.42%
47.62%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
13%
10%
90.40%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
17.22%
22.18%
406.92%
2009 P
2010 P
% VARIACION
2,812,762.20 2,983,791.15
6.08%
1,307,955.19 1,387,420.84
739,407.49
445,110.36
769,902.21
486,216.33
4.12%
9.24%
67.83%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
Utilidad Operativa
Utilidad (Prdida) del ejercicio
GAO = % VAR. UO / % VAR. VTA
223.92%
2010 P
2011 P
% VARIACION
2,983,791.15 3,192,073.50
6.98%
1,387,420.84 1,456,924.50
769,902.21
486,216.33
684,042.51
637,186.94
CUENTAS
Ingreso por Ventas
Utilidad Bruta
Utilidad Operativa
Utilidad (Prdida) del ejercicio
GAO = % VAR. UO / % VAR. VTA
GAF = % VAR.UN / VAR.UO
-11.15%
31.05%
-159.76%
-278.43%
2011 P
2012 P
% VARIACION
3,192,073.50 3,198,468.00
0.20%
1,456,924.50 1,771,549.76
684,042.51
637,186.94
700,862.50
932,502.40
2.46%
46.35%
1227.46%
1884.85%
2006 R
2007 R
% VARIACION
1,844,565.30 2,271,744.00
23.16%
885,391.34 1,071,078.10
533,215.16
275,232.09
625,731.94
352,606.18
74.92%
162.02%
2007 R
2008 R
% VARIACION
2,271,744.00 2,674,636.65
17.73%
1,071,078.10 1,244,596.91
625,731.94
352,606.18
706,070.78
428,090.20
Utilidad Operativa
Utilidad (Prdida) del ejercicio
166.74%
2008 R
2009 R
% VARIACION
2,674,636.65 2,966,282.40
11%
1,244,596.91 1,379,343.22
706,070.78
428,090.20
784,663.64
471,242.23
Utilidad Operativa
Utilidad (Prdida) del ejercicio
11%
10%
102%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
12.84%
21.41%
72.39%
CUENTAS
Ingreso por Ventas
Utilidad Bruta
17.35%
28.11%
91%
2009 R
2010 R
% VARIACION
2,966,282.40 2,865,231.90
-3.41%
1,379,343.22 1,332,250.86
784,663.64
471,242.23
771,805.13
429,139.88
-1.64%
-8.93%
48.10%
545.20%
2010 R
2011 R
% VARIACION
2,865,231.90 2,710,659.00
-5.39%
1,332,250.86 1,237,194.42
771,805.13
429,139.88
689,106.58
412,392.80
198.62%
-10.71%
-3.90%
36.42%
2011 R
2012 R
% VARIACION
2,710,659.00 2,581,246.50
-4.77%
1,237,194.42 1,154,328.26
689,106.58
412,392.80
703,904.72
312,238.68
2.15%
-24.29%
-44.98%
-1130.93%
RAZONES DE ENDEUDAMIENTO
1.96
2.15
3.61
0.00
0.00
0.00
0.00
546275.84
Real 2006
Real 2007
Real 2008
REAL 2009
5.61
7.44
8.92
10.47
64
48
40
34
1.19
0.70
0.66
0.62
304
518
549
585
35.15
76.98
1019.67
-527.79
10
-1
2.18
2.01
2.00
166
179
180
180
1.41
1.46
1.46
1.45
255
246
246
248
INDICADORES FINANCIEROS
Razones de endeudamiento
Razon de endeudamiento
Total pasivo/total activo
Razon de deuda a capital
Patrimonio/total pasivo
Razon de capital propio
Total activo/patrimonio
ANALISIS DE RENTABILIDAD
INDICADORES FINANCIEROS
Analisis de rentabilidad
Margen bruto en ventas
Utilidad bruta/ventas
Margen neto en ventas
Resultado del periodo/ventas
Rendimiento s/los activos totales (ROA)
Utilidades netas/total activos
Rendimiento s/el patrimonio (ROE)
Utilidad neta/patrimonio
real 2006
Real 2007
Real 2008
REAL 2009
43.73%
27.78%
26.58%
25.10%
1.29
1.35
1.53
1.76
1.78
2.66
2.46
2.26
Real 2006
Real 2007
Real 2008
REAL 2009
48.00%
47.15%
46.53%
46.50%
14.92%
12.46%
16.01%
15.89%
17.69%
8.66%
10.50%
9.78%
31.45%
23.05%
25.85%
22.15%
ores
Real 2010
Real 2011
Real 2012
2.83
2.78
2.71
2.43
1.77
1.56
0.00
0.00
0.00
Real 2010
Real 2011
Real 2012
11.84
15.36
28.82
30
23
12
0.75
0.71
0.88
481
504
408
10.40
3.56
1.88
35
101
191
2.01
2.01
2.53
179
179
142
1.32
1.23
1.17
273
293
308
Real 2010
Real 2011
Real 2012
33.10%
34.32%
35.82%
0.90
0.88
0.82
3.36
3.32
3.41
Real 2010
Real 2011
Real 2012
46.50%
45.64%
44.72%
14.98%
15.21%
12.10%
11.20%
10.86%
8.60%
37.68%
36.06%
29.34%
ACER S.A.
VARIABLES PROYECTADAS PARA EL 2006
(EXPRESADAS EN BOLIVIANOS)
TOMA DE DECISIONES
AREA COMERCIAL
PRECIO
UNIDADES A VENDER
GASTOS DE COMERCIALIZACIN
COSTO DE MANTENER INVENTARIOS
IMPUESTOS
2006
2007
2008
2009
290.00
7,300.00
148,190.00
861.96
63,510.00
320.00
8,018.00
225,302.40
1,094.64
76,972.80
335.00
8,731.00
277,864.08
2,127.00
88,151.55
340.00
9,509.00
277,864.08
2,373.76
107,022.55
AREA DE PRODUCCIN
COSTO UNITARIO DE FABRICACIN
UNIDADES A FABRICAR
INVESTIGACIN Y DESARROLLO
COMPRA DE MAQUINARIA
CAPACIDAD DE PRODUCCIN
DEPRECIACIN MAQUINARIA
150.80
7,519.00
178,360.00
375,950.00
7,519.00
46,993.75
169.60
8,058.00
180,143.60
26,950.00
8,058.00
50,362.50
179.23
9,080.00
183,746.47
51,100.00
9,080.00
6,387.50
181.90
10,000.00
183,746.47
46,000.00
10,000.00
62,500.00
60,000.00
75,190.00
0.00
88,441.49
0.00
0.00
60,000.00
80,580.00
0.00
106,597.67
0.00
13,761.60
60,000.00
90,800.00
0.00
126,934.31
0.00
17,630.31
60,000.00
100,000.00
0.00
141,882.00
0.00
21,404.51
2006
148,190.00
60,000.00
75,190.00
178,360.00
2007
225,302.40
60,000.00
80,580.00
180,143.60
2008
277,864.08
60,000.00
90,800.00
183,746.47
2009
277,864.08
60,000.00
100,000.00
183,746.47
TOMA DE DECISIONES
GASTOS DE COMERCIALIZACIN
INVESTIGACIN DE MERCADO
GASTOS DE ADMINISTRACIN
INVESTIGACIN Y DESARROLLO
300,000.00
285,052.80
277,864.08
277,864.08
250,000.00
225,302.40
200,000.00
150,000.00
100,000.00
148,190.00
GASTOS DE
COMERCIALIZACIN
183,452.50
183,452.50INVESTIGACIN DE
MERCADO
GASTOS DE
ADMINISTRACIN
100,000.00
GASTOS DE
ADMINISTRACIN
50,000.00
INVESTIGACIN Y
DESARROLLO
0.00
2006 2007 2008 2009 2010 2011 2010
TOMA DE DECISIONES
PRECIO
COSTO UNITARIO DE FABRICACIN
2006
290.00
150.80
2007
320.00
169.60
2008
335.00
179.23
2009
340.00
181.90
400.00
350.00
320.00
300.00
350.00 350.00
290.00
250.00
PRECIO
200.00
150.00
150.80
169.60 179.23
194.25
COSTO UNITARIO DE
FABRICACIN
100.00
50.00
0.00
2006
TOMA DE DECISIONES
UNIDADES A VENDER
UNIDADES A FABRICAR
2007
2008 2009
2006
7,300.00
7,519.00
2010
2011
2007
8,018.00
8,058.00
2010
2008
8,731.00
9,080.00
2009
9,509.00
10,000.00
12,000.00
10,000.00
8,000.00
UNIDADES A VENDER
6,000.00
UNIDADES A FABRICAR
4,000.00
2,000.00
0.00
2006 2007 2008 2009 2010 2011 2012
TOMA DE DECISIONES
GASTOS DE COMERCIALIZACIN
INVESTIGACIN Y DESARROLLO
2006
148,190.00
178,360.00
2007
225,302.40
180,143.60
2008
277,864.08
183,746.47
2009
277,864.08
183,746.47
300,000.00
250,000.00
200,000.00
150,000.00
GASTOS DE
COMERCIALIZACIN
100,000.00
INVESTIGACIN Y
DESARROLLO
50,000.00
0.00
2006 2007 2008 2009 2010 2011 2010
TOMA DE DECISIONES
DIVIDENDOS
RESERVAS
2006
0.00
0.00
2007
0.00
13,761.60
2008
0.00
17,630.31
2009
0.00
21,404.51
2007
2009
2011
500,000.00
450,000.00
400,000.00
350,000.00
300,000.00
250,000.00
200,000.00
150,000.00
100,000.00
50,000.00
0.00
2006
2008
2010
2010
2010
2011
2010
345.00
9,941.00
285,052.80
2,519.57
117,810.55
350.00
10,483.00
183,452.50
4,558.43
110,071.50
350.00
10,504.00
183,452.50
12,513.51
110,292.00
184.58
10,483.00
189,258.86
24,150.00
10,483.00
65,518.75
190.75
10,483.00
198,721.80
0.00
10,483.00
65,518.75
194.25
10,483.00
208,657.89
0.00
10,483.00
65,518.75
60,000.00
104,830.00
0.00
150,922.18
447,680.08
23,562.11
60,000.00
104,830.00
0.00
155,971.32
407,600.00
21,456.98
60,000.00
104,830.00
0.00
158,833.17
391,700.00
20,619.64
2010
285,052.80
60,000.00
104,830.00
189,258.86
2011
183,452.50
60,000.00
104,830.00
198,721.80
2010
183,452.50
60,000.00
104,830.00
208,657.89
PRECIO
COSTO UNITARIO DE FABRICACIN
PRECIO
COSTO UNITARIO DE FABRICACIN
ao
2006
2007
2008
2009
2010
2011
2012
INVESTIGACIN Y DESARROLLO
GASTOS DE
COMERCIALIZACIN
INVESTIGACIN DE
MERCADO
GASTOS DE
ADMINISTRACIN
215,000.00
210,000.00
205,000.00
200,000.00
195,000.00
190,000.00
185,000.00
GASTOS DE
ADMINISTRACIN
INVESTIGACIN Y
DESARROLLO
190,000.00
185,000.00
180,000.00
175,000.00
170,000.00
165,000.00
160,000.00
2006
2010
345.00
184.58
2011
350.00
190.75
2007
2008
2009
2010
2011
2010
350.00
194.25
PRECIO
400.00
350.00
300.00
250.00
COSTO UNITARIO DE
FABRICACIN
200.00
150.00
100.00
50.00
0.00
2006
2010
9,941.00
10,483.00
UNIDADES A VENDER
UNIDADES A FABRICAR
2011
10,483.00
10,483.00
2012
10,504.00
10,483.00
2007
2008
2009
2010
2010
2010
285,052.80
189,258.86
2011
183,452.50
198,721.80
2010
183,452.50
208,657.89
2011
407,600.00
21,456.98
2010
391,700.00
20,619.64
GASTOS DE
COMERCIALIZACIN
INVESTIGACIN Y
DESARROLLO
2010
447,600.00
23,562.11
DIVIDENDOS
RESERVAS
2010
2006
290.00
150.80
2007
320.00
169.60
2008
335.00
179.23
2009
340.00
181.90
2010
345.00
184.58
2011
350.00
190.75
2012
350.00
194.25
290.00
52%
10.40%
1%
4.70%
0.50%
1.50%
0.5%
1.50%
0.0%
1.50%
1%
0%
1%
Y DESARROLLO
INVESTIGACIN Y DESARROLLO
INVESTIGACIN Y DESARROLLO
2010
PRECIO
2011
2010
Precio
EMPRESA
ACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
RESH
2006
2007
2008
2009
2010
290
320
300
245
330
250
250
260
315
320
330
300
300
330
300
262.5
310
315
335
340
310
315
335
318
300
320
315
340
342.5
320
330
340
325
315
325
329
345
345
330
340
343
338
340
335
337
400
350
BINACYTECH
300
HANNA
NUEVO SIGLO
250
AMERICAN CRUZ
200
BINACYTECH
150
R&M
100
EFE NEFERTITI
LUXUS
50
RESH
0
2006
EMPRESA
HACER S.A.
2007
2008
2006
290
2009
2010
2007
320
2011
2008
335
2012
2009
340
2010
345
HACER S.A.
400
350
300
250
200
150
100
HACER S.A.
100
50
0
2006
2007
2008
2009
2010
2011
2012
PRODUCTO
TOMA DE DECISIONES
INVESTIGACIN Y DESARROLLO
2006
178,360.00
2007
180,143.60
2008
183,746.47
2009
183,746.47
2010
189,258.86
INVESTIGACIN Y DESARROLLO
215,000.00
210,000.00
205,000.00
200,000.00
195,000.00
190,000.00
185,000.00
180,000.00
175,000.00
170,000.00
165,000.00
160,000.00
INVESTIGACIN Y
DESARROLLO
EMPRESA
HACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
RESH
2006
148190
186240
168000
154472.5
206195.22
182500
140000
145600
102048.75
2007
225302.4
212058
224700
205650
405886.8
234000
206607.71
198400
292603.5
COMERCIALISZACION (PROMOCION)
2008
2009
2010
277864.08
327202.4
285052.8
241158.6
266788.3
247884.23
248434
282944
318582
201852
136080
238761.6
280214.1
286683.5
325574.57
242012.31
270725
326271.4
243859.87
270900
306000
258400
236122.25
238989
174428.1
104454.21
225513
450000
400000
HANNA
350000
HACER S.A.
300000
NUEVO SIGLO
300000
NUEVO SIGLO
250000
AMERICAN CRUZ
200000
BINACYTECH
150000
EFE NEFERTITI
LUXUS
100000
RESH
50000
R&M
0
1
COMERCIALISZACION
2006
2007
148190
225302.4
EMPRESA
HACER S.A.
2008
277864.08
2009
327202.4
2010
285052.8
HACER S.A.
350000
300000
250000
200000
HACER S.A.
150000
100000
50000
0
2006
2007
2008
2009
2010
2011
2012
valor de aciones
EMPRESA
HACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
2006
875.23
1013.17
1032.47
756.36
1114.46
652.07
519.18
669.72
2007
1200.31
1399.65
1119.81
976.81
1335.95
734.1
548.99
1033.7
2008
1505.55
1865
1420.6
1333.6
1579.57
891.94
701.31
1387.23
2009
1872.61
2228.84
1806.34
1543.53
1823.13
1062.05
806.46
1486.93
2010
2376.35
2700.3
1985.47
1912.53
1966.52
1300.98
1140.61
1644.31
RESH
485.12
464.94
444.38
707.12
1255.76
3500
HACER S.A.
3000
HANNA
2500
NUEVO SIGLO
2000
AMERICAN CRUZ
R&M
1500
BINACYTECH
1000
EFE NEFERTITI
LUXUS
500
RESH
0
2006
2007
2008
2009
2010
2011
2012
HACER S.A.
3500
3000
2500
2000
1500
1000
500
0
2006
2007
2008
2009
2010
2011
2012
2006
11.6
11.56
12.47
9.75
11.92
11.52
9.89
11.06
10.22
2007
12.11
11.12
10.32
9.72
10.91
12.64
10.48
12.55
10.07
2008
12.04
10.77
10.84
9.25
10.88
12.54
12.4
13.39
7.88
2009
11.96
10.61
10.74
8.37
10.85
12.57
11.95
12.55
10.67
2010
10.35
9.72
9.66
9.01
10.28
13.63
11.52
12.8
13.03
16
14
HACER S.A.
12
HANNA
NUEVO SIGLO
10
AMERICAN CRUZ
8
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
RESH
0
2006
2007
2008
2009
2010
2011
2012
HACER S.A.
14
12
10
8
6
4
2
0
2006
2007
2008
2009
2010
2011
2012
costo
2011
2012
EMPRESA
350
347.5
340
345
348
343
345
345
344
350
350
350
348
350
347.5
350
350
349
ACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
RESH
2006
2007
2008
150.80
160
150
122.5
165
125
125
130
157.5
169.60
165
150
150
165
150
131.25
155
157.5
179.23
170
155
157.5
167.5
159
150
160
157.5
250.00
200.00
BINACYTECH
150.00
NUEVO SIGLO
AMERICAN CRUZ
100.00
BINACYTECH
50.00
EFE NEFERTITI
0.00
2006 2007 2008
2011
350
HACER S.A.
2012
350
2011
198,721.80
2010
208,657.89
ROLLO
INVESTIGACIN Y
DESARROLLO
MOCION)
2011
183452.5
182869.93
357408
187024.5
169911
333396
167325
252158.78
316859.09
HANNA
HACER S.A.
NUEVO SIGLO
2012
183452.5
122332
220752
167544.6
228462.5
257984
155295
351624
316859
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
EFE NEFERTITI
LUXUS
RESH
R&M
2011
183452.5
2012
183452.5
HACER S.A.
2011
2884.78
2809
2485.44
2316.09
2133.64
1599.87
1416.64
1568.81
2012
3243.37
2854.51
2746.65
2471.74
2169.77
1787.26
1597.01
1484.99
1501.27
1421.8
HACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
R&M
BINACYTECH
EFE NEFERTITI
LUXUS
RESH
HACER S.A.
N EL MERCADO ( PLAZA)
2011
9.75
9.27
11.29
8.81
6.54
13.98
10.38
12.28
14.68
2012
9.93
9.4
9.49
8.99
9.91
13.29
10.94
14.32
13.73
HACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
RESH
HACER S.A.
costo
2009
2010
2011
2012
181.90
171.25
160
165
170
162.5
157.5
162.5
164.5
184.58
172.5
165
170
171.5
169
170
167.5
168.5
190.75
173.75
170
172.5
174
171.5
172.5
172.5
172
194.25
175
175
174
175
173.75
175
175
174.5
ACER S.A.
HANNA
NUEVO SIGLO
AMERICAN CRUZ
BINACYTECH
R&M
EFE NEFERTITI
LUXUS
2008 2009 2010 2011 2012
ESTADO DE RESULDAD
REALES
Ingreso por Ventas
Menos:
Costo de Mercadera Vendida
Utilidad Bruta
Real 2006
REAL 2007 AUN/DISM Real 2008
1844565.3
2271744
427178.7 2674636.65
959173.96
885391.34
1200665.9
1071078.1
241491.94
185686.76
1430039.74
1244596.91
75190
10308.55
155173.2
46993.75
63605.7
351271.2
80580
11047.52
156724.93
50362.5
78336
377050.95
5390
738.97
1551.73
3368.75
14730.3
25779.75
90800
12448.68
159859.43
56750
92228.85
412086.96
Comercializacin
Investigacin de Mercados
Costo de Inventarios
TOTAL GASTOS COMERCIALES
128925.3
52200
818.66
181943.96
196013
52200
467.91
248680.91
67087.7
0
-350.75
66736.95
241741.75
52200
42.07
293983.82
0
76944.09
76944.09
610159.25
0
92739.97
92739.97
718471.83
0
15795.88
15795.88
108312.58
0
110435.93
110435.93
816506.71
275232.09
352606.27
77374.18
428090.2
Gastos de Administracin
Cargas Sociales
Investigacin y Desarrollo
Depreciacin
Impuestos
TOTAL GASTOS ADMINISTRATIVOS
Mas:
Otros ingresos:
intereses DPF
Utilidad (Prdida) Del Ejercicio
REALES
AUM/DISM
Real 2006
ACTIVO
Disponibilidades
Banco
Depsito a plazo Fijo
Cuentas Por Cobrar
Clientes
Crdito Fiscal
IUE Anticipado
Inventarios
Mercaderas
Real 2007
351230.19
682199.72
0
0
848076
1220783.1
848076 1132631.55
0
0
0
88151.55
27288.77
15596.89
Real 2008
330969.53
1101359.3
0
0
372707.1 1336740.55
284555.55
1229718
0
0
88151.55
107022.55
-11691.88
1402.46
1226594.96 1830428.16
603833.2 2439502.31
ACTIVO FIJO
Maquinaria
Depreciacin Acumulada de Maquinaria
TOTAL ACTIVO NO CORRIENTE
TOTAL ACTIVO
375950
402900
-46993.75
-97356.25
328956.25
305543.75
1555551.21 2135971.91
26950
454000
-50362.5 -154106.25
-23412.5
299893.75
580420.7 2739396.06
PASIVOS
Deudas Comerciales
Proveedores
Deudas Financieras
Prstamos
Deudas Impositivas
IUE por Pagar
TOTAL PASIVO CORRIENTE
PATRIMONIO
Capital
Capital suscrito
Reservas
Reserva legal
Resultados
utilidad del ejercicio
TOTAL PATRIMONIO
TOTAL PASIVO Y PATRIMONIO
680319.12
819982.08
139662.96
976445.04
0
680319.12
88151.55
908133.63
600000
600000
600000
13761.6
13761.6
13761.6
275232.09
875232.09
614076.67
1227838.27
338844.58
352606.18
1042166.87
1655928.47
1555551.21
2135971.9
580420.69
2739396.06
88151.55
107022.55
227814.51 1083467.59
O DE RESULDADO
Real 2009
AUN/DISM Real 2010
Real 2011
AUN/DISM Real 2012
AUN/DISM
2966282.4
291645.75
2865231.9
2710659
-154572.9
3198468
487809
1586939.22
1379343.18
100000
13710
164655.21
62500
107022.55
447887.76
156899.48
134746.27
1532981.04 1473464.58
1332250.86 1237194.42
9200
104830
104830
1261.32
14372.193
14372.193
4795.78 164655.208 172887.966
5750
65518.75
65518.75
14793.7
117810.55
110071.5
35800.8 467186.701 467680.409
-59516.46
-95056.44
1426918.24
1771549.76
-46546.34
534355.34
0
104830
0
14372.193
8232.7578 181532.364
0
65518.75
-7739.05
103098.19
493.7078 469351.497
0
0
8644.3983
0
-6973.31
1671.0883
284666.09
52200
-90.2
336775.89
0
123437.34
123437.34
908100.99
0
0
0
0
0
0
13001.41
131305.85 135695.044 4389.19448 138184.862 2489.81733
13001.41
131305.85 135695.044 4389.19448 138184.862 2489.81733
91594.28 903110.984 827588.183 -75522.8006 842089.583 14501.3994
0
471242.19
43151.99 429139.876
409606.237 -19533.6394
AUM/DISM
Real 2009
1574375.68
0
1481618.55
1363808
0
117810.55
-3006.77
Real 2011
473016.38
593088.15 507060.289
0
0
0
144878 1424632.94
1349378.2
134090
1317348
1246280
0
0
0
10788
107284.94 103098.199
147420.55
413635.157
929460.177 519853.941
AUM/DISM
Real 2010
-4409.23
AUM/DISM
Real 2012
758318.59
344683.433
4534606.01
500000
-216606.25
283393.75
4817999.76
46000
524150
524150
-62500
-282125 -347643.75
-16500
242025
176506.25
2078603.7 3831799.58 3795958.09
1091400
114954.96
117810.55
1209210.55
1160971.28 1199779.35
0
10788
107284.94 103098.199
125742.96 1268256.22 1302877.55
29677.26
3517947.36 -101504.481
0.00
524150
0
-65518.75
-413162.5
-65518.75
-65518.75
110987.5
-65518.75
-35841.49 3628934.86 -167023.231
38808.07
1221793.65
22014.3
0.00
600000
600000
600000
0.00
600000
35166.11
21404.51
58728.22
80185.2
21456.98
100804.85
20619.65
1492004.55
2127170.66
449837.68
471242.19
480182.19 463518.007
1138910.41 1143703.21
-16664.18
4792.80
363437.017 -100080.989
1064241.87 -79461.3394
3336381.21
596985.15
2407166.63 2446580.76
39414.13
2364095.19 -82485.5693
ESCENARIO
PROBABLE
295.00
DECISION
Resumen EERR
Ing.s x Vtas
1873545.00
Resumen EERR
Ing.s x Vtas
957730.80
Util. Bruta
915814.20
Util. Bruta
459797.02
Utilidad Neta
456017.18
Utilidad Neta
145.80
DECISION
Resumen EERR
Ing.s x Vtas
1873545.00
Resumen EERR
Ing.s x Vtas
925975.80
Util. Bruta
947569.20
Util. Bruta
470434.90
Utilidad Neta
477134.30
Utilidad Neta
7600
DECISION
Resumen EERR
Ing.s x Vtas
1950540.00
Resumen EERR
Ing.s x Vtas
Util. Bruta
927371.00
1023169.00
Util. Bruta
670434.90
Utilidad Neta
352734.10
Utilidad Neta
ANALISIS DE SENSIBILIDAD
ESCENARIO
OPTIMISTA
ESCENARIO
PROBABLE
325
DECISION
Resumen EERR
Ing.s x Vtas
2267089.50
Resumen EERR
Ing.s x Vtas
1179771.96
Util. Bruta
1087317.54
Util. Bruta
470434.90
Utilidad Neta
616882.64
Utilidad Neta
BAJANDO
DECISION
Resumen EERR
Ing.s x Vtas
2267089.50
Resumen EERR
Ing.s x Vtas
1148193.63
Util. Bruta
1118895.87
Util. Bruta
570434.90
Utilidad Neta
548460.97
Utilidad Neta
8160
Resumen EERR
DECISION
Resumen EERR
Ing.s x Vtas
2307240.00
Ing.s x Vtas
1168528.32
Util. Bruta
1138711.68
Util. Bruta
470434.90
Utilidad Neta
668276.78
Utilidad Neta
ANALISIS DE SENSIBILIDAD
ESCENARIO
OPTIMISTA
SUBIENDO
ESCENARIO
PROBABLE
340
Resumen EERR
Ing.s x Vtas
2582629.80
Resumen EERR
Ing.s x Vtas
1360502.61
Util. Bruta
1222127.19
Util. Bruta
670434.90
Utilidad Neta
551692.29
Utilidad Neta
BAJANDO
Resumen EERR
Ing.s x Vtas
2582629.80
Resumen EERR
Ing.s x Vtas
1323445.85
Util. Bruta
1259183.95
Util. Bruta
750434.90
Utilidad Neta
508749.05
Utilidad Neta
9177
DECISION
Resumen EERR
Ing.s x Vtas
2714556.60
Resumen EERR
Ing.s x Vtas
1391050.58
Util. Bruta
1323506.02
Util. Bruta
886434.90
Utilidad Neta
437071.12
Utilidad Neta
ANALISIS DE SENSIBILIDAD
ESCENARIO
OPTIMISTA
ESCENARIO
PROBABLE
345
DECISION
Resumen EERR
Ing.s x Vtas
2854126.35
Resumen EERR
Ing.s x Vtas
1504807.01
Util. Bruta
1349319.34
Util. Bruta
886434.90
Utilidad Neta
462884.44
Utilidad Neta
BAJANDO
176.90
Resumen EERR
Ing.s x Vtas
2854126.35
Resumen EERR
Ing.s x Vtas
1463463.63
Util. Bruta
1390662.72
Util. Bruta
896434.90
Utilidad Neta
494227.82
Utilidad Neta
9809
DECISION
Resumen EERR
Ing.s x Vtas
2944171.35
Resumen EERR
Ing.s x Vtas
1509634.53
Util. Bruta
1434536.82
Util. Bruta
886434.90
Utilidad Neta
548101.92
Utilidad Neta
DE SENSIBILIDAD 2006
ESCENARIO
PROBABLE
ESCENARIO
PESIMISTA
Resumen EERR
1841790.00
BAJANDO
285.00
Resumen EERR
Ing.s x Vtas
1810035.00
957730.80
957730.80
884059.20
Util. Bruta
852304.20
610106.85
669678.74
273952.35
Utilidad Neta
182625.46
Resumen EERR
1841790.00
SUBIENDO
155.80
Resumen EERR
Ing.s x Vtas
1810035.00
957730.80
989485.80
884059.20
Util. Bruta
820549.20
610106.85
698698.74
273952.35
Utilidad Neta
121850.46
UNIDADES A VENDER
7300
Resumen EERR
1841790.00
BAJANDO
7000
Resumen EERR
Ing.s x Vtas
1735650.00
957730.80
948822.00
884059.20
Util. Bruta
786828.00
610106.85
581478.74
273952.35
Utilidad Neta
205349.26
ESCENARIO
PESIMISTA
Resumen EERR
2232211.20
BAJANDO
315
Resumen EERR
Ing.s x Vtas
2197332.90
1179771.96
1179771.96
1052439.24
Util. Bruta
1017560.94
717735.45
886778.74
334703.79
Utilidad Neta
130782.20
Resumen EERR
2232211.20
SUBIENDO
174.60
Resumen EERR
Ing.s x Vtas
2197332.90
1179771.96
1217950.24
1052439.24
Util. Bruta
979382.66
717735.45
726398.74
334703.79
Utilidad Neta
252983.92
Resumen EERR
8018
BAJANDO
8000
Resumen EERR
2232211.20
Ing.s x Vtas
2192400.00
1179771.96
1215216.00
1052439.24
Util. Bruta
977184.00
717735.45
696798.74
334703.79
Utilidad Neta
280385.26
ESCENARIO
PESIMISTA
BAJANDO
Resumen EERR
2544649.95
Resumen EERR
Ing.s x Vtas
2506670.10
330
1360502.61
1360502.61
1184147.34
Util. Bruta
1146167.49
814511.26
796798.74
369636.08
Utilidad Neta
349368.75
Resumen EERR
2544649.95
SUBIENDO
184.23
Resumen EERR
Ing.s x Vtas
2506670.10
1360502.61
1399405.55
1184147.34
Util. Bruta
1107264.55
814511.26
796798.74
369636.08
Utilidad Neta
310465.81
Resumen EERR
2544649.95
BAJANDO
8700
Resumen EERR
Ing.s x Vtas
2497770.00
1360502.61
1394436.87
1184147.34
Util. Bruta
1103333.13
814511.26
796998.74
369636.08
Utilidad Neta
306334.39
ESCENARIO
PESIMISTA
Resumen EERR
2812762.20
BAJANDO
335
Resumen EERR
Ing.s x Vtas
2771398.05
1504807.01
1504807.01
1307955.19
Util. Bruta
1266591.04
862844.83
889998.74
445110.36
Utilidad Neta
376592.30
Resumen EERR
2812762.20
SUBIENDO
186.90
Resumen EERR
Ing.s x Vtas
2771398.05
1504807.01
1546191.93
1307955.19
Util. Bruta
1225206.12
862844.83
789998.74
445110.36
Utilidad Neta
435207.38
Resumen EERR
2812762.20
BAJANDO
9209
Resumen EERR
Ing.s x Vtas
2683963.05
1504807.01
1497411.03
1307955.19
Util. Bruta
1186552.02
862844.83
997598.74
445110.36
Utilidad Neta
188953.28