DATOS

PERIODO VTA UNIDADES PRECIO VENTA MATERIA PRIMA MOD CIF

AÑO 1 500,000.00 360.00 70.00 50.00 30.00
AÑO 2 520,000.00 365.40 70.91 50.65 30.39
AÑO 3 540,800.00 370.88 71.83 51.31 30.79
AÑO 4 562,432.00 376.44 72.77 51.98 31.19
AÑO 5 584,929.28 382.09 73.71 52.65 31.59
AÑO 6 608,326.45 387.82 74.67 53.34 32.00
AÑO 7 632,659.51 393.64 75.64 54.03 32.42

DATOS
PERIODO VTA UNIDADES PRECIO VENTA VENTAS
AÑO 1 500,000.00 360.00 180,000,000.00
AÑO 2 520,000.00 365.40 190,008,000.00
AÑO 3 540,800.00 370.88 200,572,444.80
AÑO 4 562,432.00 376.44 211,724,272.73
AÑO 5 584,929.28 382.09 223,496,142.29
AÑO 6 608,326.45 387.82 235,922,527.81
AÑO 7 632,659.51 393.64 249,039,820.35

MATERIA PRIMA MOD

AÑO 0 70.00 35,000,000.00 50.00 25,000,000.00
AÑO 1 70.91 36,873,200.00 50.65 26,338,000.00
AÑO 2 71.83 38,846,653.66 51.31 27,747,609.76
AÑO 3 72.77 40,925,726.57 51.98 29,232,661.83
AÑO 4 73.71 43,116,071.45 52.65 30,797,193.90
AÑO 5 74.67 45,423,643.60 53.34 32,445,459.71
AÑO 6 75.64 47,854,717.00 54.03 34,181,940.72
AÑO 7 76.62 0.00 54.73 0.00
COSTOS FIJOS INVENTARIO
16,000,000.00 15,000,000.00
17,018,400.00 19,000,800.00
18,101,621.16 20,057,244.48 JOSE LUIS MORENO TOLOZA
19,253,789.35 21,172,427.27 NORAIMA ARIAS PEÑA: I
20,479,293.04 22,349,614.23 JHEINNER ANDREIBY ALBA SARM
21,782,800.04 23,592,252.78
23,169,275.26 24,903,982.04
0.00

CIF TOTAL COMISIONES

30.00 15,000,000.00 VENTAS 180,000,000.00 0.00
30.39 15,802,800.00 190,008,000.00 2,850,120.00
30.79 16,648,565.86 200,572,444.80 3,008,586.67
31.19 17,539,597.10 211,724,272.73 3,175,864.09
31.59 18,478,316.34 223,496,142.29 3,352,442.13
32.00 19,467,275.83 235,922,527.81 3,538,837.92
32.42 20,509,164.43 249,039,820.35 3,735,597.31
0.00 0.00

TOTAL CTAS A COBRAR

VENTAS 180,000,000.00 165,000,000.00 15,000,000.00
190,008,000.00 174,174,000.00 15,834,000.00
200,572,444.80 183,858,074.40 16,714,370.40
211,724,272.73 194,080,583.34 17,643,689.39
223,496,142.29 204,871,463.77 18,624,678.52
235,922,527.81 216,262,317.16 19,660,210.65
249,039,820.35 228,286,501.99 20,753,318.36
262,886,434.36 240,979,231.50 21,907,202.86
 GRUPO 1
LUIS MORENO TOLOZA ID: 503141
ORAIMA ARIAS PEÑA: ID 540816
ANDREIBY ALBA SARMIENTO ID: 549219
 BALANCE INICIAL AÑO1
CAJA 0.00
INVENTARIO 15,000,000.00
CUENTAS POR COBRAR 0.00
INVERSION 120,000,000.00
DEPRECIACION INVERSION 0.00
TOTAL ACTIVOS 135,000,000.00 0.00

PRESTAMO POR PAGAR -48,000,000.00 -43,242,348.68

IMPUESTO PAGAR 0.00 -21,769,628.57

TOTAL PASIVOS -48,000,000.00 -65,011,977.25
TOTAL CAPITAL -87,000,000.00 -131,198,942.86
TOTAL -135,000,000.00 -196,210,920.11

ESTADO DE RESULTADO
VENTAS 180,000,000.00
COSTO DE VENTAS -35,000,000.00
UTILIDAD BRUTA 145,000,000.00
GASTOS OPERACIONALES -40,000,000.00
UTILIDAD OPERACIONES 105,000,000.00
OTROS GASTOS -16,000,000.00
COMISIONES -2,700,000.00
86,300,000.00
DEPRECIACION -14,571,428.57
INTERESES -5,760,000.00
65,968,571.43
IMPUESTO -21,769,628.57
44,198,942.86
AÑO2 AÑO3 AÑO4 AÑO5 AÑO6 AÑO7
 FLUJO DE CAJA PROY

AÑO 0 AÑO 1
SALDO INICIAL 0.00
VENTAS 180,000,000.00
CUENTAS A COBRAR -15,000,000.00
INVENTARIO 15,000,000.00
TOTAL 180,000,000.00

EGRESOS

INVERSION -120,000,000.00
MATERIA PRIMA -35,000,000.00
MANO OBRA DIRECTA -25,000,000.00
COSTOS CIF -15,000,000.00
COSTOS FIJOS -16,000,000.00
DEPRECIACION -14,571,428.57
COMISIONES -2,700,000.00
TOTAL EGRESOS -120,000,000.00 -105,571,428.57
TOTAL INGRESOS 0.00 74,428,571.43
GASTOS FINANCIEROS
INTERESES MAS CAPITAL -10,517,651.32
utilidad antes impuesto 63,910,920.11
impuesto 33% -21,090,603.64
utilidad neta -120,000,000.00 42,820,316.47

TABLA AMORTIZACION PRESTAMO

PRESTAMO 48,000,000.00
TASA 12%
TIEMPO 7 -10,517,651.32

Años Cuota Interes

0
1 10,517,651.32 5,760,000.00
2 10,517,651.32 5,189,081.84
3 10,517,651.32 4,549,653.50
4 10,517,651.32 3,833,493.77
5 10,517,651.32 3,031,394.86
6 10,517,651.32 2,133,044.08
7 10,517,651.32 1,126,891.22
Total 73,623,559.24 25,623,559.27
 FLUJO DE CAJA PROYECTADO

AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6

0.00 0.00 0.00 0.00 0.00
190,008,000.00 200,572,444.80 211,724,272.73 223,496,142.29 235,922,527.81
-15,834,000.00 -16,714,370.40 -17,643,689.39 -18,624,678.52 -19,660,210.65
19,000,800.00 20,057,190.40 31,758,285.31 33,524,328.24 23,592,098.93
193,174,800.00 203,915,264.80 225,838,868.65 238,395,792.01 239,854,416.09

-36,873,200.00 -38,921,376.00 -41,085,657.60 -44,010,057.96 -46,457,856.62

-26,338,000.00 -27,802,528.00 -29,347,701.76 -30,977,839.84 -32,697,522.50
-15,802,800.00 -16,683,680.00 -17,609,745.92 -18,589,043.62 -19,624,596.76
-18,101,621.16 -19,253,789.35 -20,479,293.04 -21,782,800.04 -23,169,275.26
-14,571,428.57 -14,571,428.57 -14,571,428.57 -14,571,428.57 -14,571,428.57
-2,850,120.00 -3,008,586.67 -3,175,864.09 -3,352,442.13 -3,538,837.92
-111,687,049.73 -117,232,801.92 -123,093,826.89 -129,931,170.03 -136,520,679.71
81,487,750.27 86,682,462.88 102,745,041.76 108,464,621.98 103,333,736.38

-10,517,651.32 -10,517,651.32 -10,517,651.32 -10,517,651.32 -10,517,651.32

70,970,098.95 76,164,811.56 92,227,390.44 97,946,970.66 92,816,085.06
-23,420,132.65 -25,134,387.81 -30,435,038.84 -32,322,500.32 -30,629,308.07
47,549,966.30 51,030,423.75 61,792,351.59 65,624,470.34 62,186,776.99

AMO
6,857,142.86

Amortizacion Saldo
48,000,000.00
4,757,651.32 43,242,348.68
5,328,569.48 37,913,779.20
5,967,997.82 31,945,781.39
6,684,157.55 25,261,623.83
7,486,256.46 17,775,367.37
8,384,607.24 9,390,760.14
9,390,760.10 0.03
47,999,999.97
 AÑO 7 TOTAL
0.00 0.00
249,039,820.35 1,490,763,207.98
-20,753,318.36 -124,230,267.33
24,903,988.88 167,836,691.76
253,190,490.87 1,534,369,632.41

-49,043,725.68 -291,391,873.86
-34,517,875.04 -206,681,467.14
-20,713,255.66 -124,023,121.96
-24,643,999.63 -143,430,778.48
-14,571,428.57 -101,999,999.99
-3,735,597.31 -22,361,448.12
-143,490,284.58 -987,527,241.43
109,700,206.29 546,842,390.98

-10,517,651.32 -73,623,559.24
99,182,554.97 473,218,831.74
-32,730,243.14 -195,762,214.47
66,452,311.83 277,456,617.26
 FLUJO DE INVERSION

AÑO 0
INVERSION -120,000,000.00
FLUJO NETO INVERSION 120,000,000.00
AÑO 1 42,820,316
AÑO 2 47,549,966 RECURSOS PROPIOS 0.60
AÑO 3 51,030,424 OBLIGACION FINANCIERA 0.40
AÑO 4 61,792,352 TOTAL RECURSOS 1.00
AÑO 5 65,624,470
AÑO 6 62,186,777 COSTO DE LA DEUDA 0.12
AÑO 7 66,452,312 IMPUESTO A LA RENTA 0.33

COSTO OPORTUNIDAD 0.22

COSTO PROMEDIO PONDERADO C

MONTO
RECURSOS PROPIOS 72,000,000.00
OBLIGACION FINANCIERA 48,000,000.00
TOTAL 120,000,000.00

AÑOS
0 -120,000,000.00
1 52,870,316.47
2 58,158,746.30
3 62,228,689.58
4 73,612,035.15
5 78,102,589.10
6 75,358,087.34
7 80,357,080.96

COSTO DE OPORTUNIDAD 22%

RENTABILIDAD 48%
COSTO PROMEDIO CAPITAL 16%
VALOR ECONOMICO AGREGAD 32%
VALOR DEL PROYECTO $ 221,637,381.96
VIABILIDAD FINANCIERA $ 101,637,381.96

OBSERVACIONES:
ES UN PROYECTO VIABLE, YA QUE PRODUC RENTABILIDAD ADICIONAL UNA VEZ QUE SE HAYA RECUPERAD
EL VALOR DEL PROYECTO ACTUAL EN CASO DE POSIBLE VENTA CUBRE LA INVERSION Y GENERA UTILIDAD
VIABILIDAD FINANCIERA DETERMINA QUE SE OBTIENE GANANCIA UNA VEZ RECUPERADO LOS RECURSOS
PROYECTO FINANCIERO VIABLE , ATRACTIVO PARA LOS INVERSIONISTAS, FLUJO DE CAJA POSITIVO Y CREC
 72,000,000.00
48,000,000.00
120,000,000.00

MEDIO PONDERADO CAPITAL

PORCENTAJE COSTO COSTO PONDERADO

0.60 0.22 0.13
0.40 0.08 0.03
1.00 0.16

VPN

E SE HAYA RECUPERADO LOS RECURSOS INVERTIDOS

N Y GENERA UTILIDAD
ERADO LOS RECURSOS
CAJA POSITIVO Y CRECIENTE A TRAVES DEL TIEMPO.
 FLUJO DE CAJA FINANCIA

AÑO 0 AÑO 1 AÑO 2

SALDO INICIAL 0.00 0.00
VENTAS 180,000,000.00 190,008,000.00
CUENTAS A COBRAR -15,000,000.00 -15,834,000.00
INVENTARIO 15,000,000.00 19,000,800.00
TOTAL 180,000,000.00 193,174,800.00

EGRESOS

INVERSION -72,000,000.00
MATERIA PRIMA -35,000,000.00 -36,873,200.00
MANO OBRA DIRECTA -25,000,000.00 -26,338,000.00
COSTOS CIF -15,000,000.00 -15,802,800.00
COSTOS FIJOS -16,000,000.00 -18,101,621.16
DEPRECIACION -14,571,428.57 -14,571,428.57
INTERESES PRESTAMO -5,760,000.00 -5,189,081.84
COMISIONES -2,700,000.00 -2,850,120.00
TOTAL EGRESOS -72,000,000.00 -105,571,428.57 -111,687,049.73
TOTAL INGRESOS 0.00 74,428,571.43 81,487,750.27
GASTOS FINANCIEROS
DEPRECIACION 14,571,428.57 14,571,428.57
PRESTAMO ABONO A CAPITAL -4,757,651.32 -5,328,569.48
FLUJO NETO EFECTIVO 84,242,348.68 90,730,609.36

TABLA AMORTIZACION PRESTAMO

PRESTAMO 48,000,000.00 6,857,142.86
TASA 12%
TIEMPO 7 -10,517,651.32

Años Cuota Interes Amortizacion

0
1 10,517,651.32 5,760,000.00 4,757,651.32
2 10,517,651.32 5,189,081.84 5,328,569.48
3 10,517,651.32 4,549,653.50 5,967,997.82
4 10,517,651.32 3,833,493.77 6,684,157.55
5 10,517,651.32 3,031,394.86 7,486,256.46
6 10,517,651.32 2,133,044.08 8,384,607.24
7 10,517,651.32 1,126,891.22 9,390,760.10
TOTAL 73,623,559.24 25,623,559.27 47,999,999.97
JO DE CAJA FINANCIACION

AÑO 3 AÑO 4 AÑO 5 AÑO 6 AÑO 7

0.00 0.00 0.00 0.00 0.00
200,572,444.80 211,724,272.73 223,496,142.29 235,922,527.81 249,039,820.35
-16,714,370.40 -17,643,689.39 -18,624,678.52 -19,660,210.65 -20,753,318.36
20,057,190.40 31,758,285.31 33,524,328.24 23,592,098.93 24,903,988.88
203,915,264.80 225,838,868.65 238,395,792.01 239,854,416.09 253,190,490.87

-38,921,376.00 -41,085,657.60 -44,010,057.96 -46,457,856.62 -49,043,725.68

-27,802,528.00 -29,347,701.76 -30,977,839.84 -32,697,522.50 -34,517,875.04
-16,683,680.00 -17,609,745.92 -18,589,043.62 -19,624,596.76 -20,713,255.66
-19,253,789.35 -20,479,293.04 -21,782,800.04 -23,169,275.26 -24,643,999.63
-14,571,428.57 -14,571,428.57 -14,571,428.57 -14,571,428.57 -14,571,428.57
-4,549,653.50 -3,833,493.77 -3,031,394.86 -2,133,044.08 -1,126,891.22
-3,008,586.67 -3,175,864.09 -3,352,442.13 -3,538,837.92 -3,735,597.31
-117,232,801.92 -123,093,826.89 -129,931,170.03 -136,520,679.71 -143,490,284.58
86,682,462.88 102,745,041.76 108,464,621.98 103,333,736.38 109,700,206.29

14,571,428.57 14,571,428.57 14,571,428.57 14,571,428.57 14,571,428.57

-5,967,997.82 -6,684,157.55 -7,486,256.46 -8,384,607.24 -9,390,760.10
95,285,893.63 110,632,312.77 115,549,794.09 109,520,557.71 114,880,874.75

Saldo
48,000,000.00
43,242,348.68
37,913,779.20
31,945,781.39
25,261,623.83
17,775,367.37
9,390,760.14
0.03
 TOTAL
0.00
1,490,763,207.98
-124,230,267.33
167,836,691.76
1,534,369,632.41

-291,391,873.86
-206,681,467.14
-124,023,121.96
-143,430,778.48
-101,999,999.99
-25,623,559.27
-22,361,448.12
-939,527,241.43
594,842,390.98

101,999,999.99
-47,999,999.97
648,842,391.00
 FLUJO DE

AÑO 0
UTILIDAD NETA

DEPRECIACION
INTERESES
FLUJO CAJA BRUTO
CUENTAS X COBRAR MAS INV- CUENTAS X PAGAR
FLUJO CAJA LIBRE

TABLA AMORTIZACION PRESTAMO

PRESTAMO 48,000,000.00
TASA 12%
TIEMPO 7

AÑOS Cuota
0
1 10,517,651.32
2 10,517,651.32
3 10,517,651.32
4 10,517,651.32
5 10,517,651.32
6 10,517,651.32
7 10,517,651.32
TOTAL 73,623,559.24
 FLUJO DE CAJA LIBRE

AÑO 1 AÑO 2 AÑO 3 AÑO 4 AÑO 5

52,870,316.47 58,158,746.30 62,228,689.58 73,612,035.15 78,102,589.10

14,571,428.57 14,571,428.57 14,571,428.57 14,571,428.57 14,571,428.57

5,760,000.00 5,189,081.84 4,549,653.50 3,833,493.77 3,031,394.86
73,201,745.04 77,919,256.71 81,349,771.65 92,016,957.49 95,705,412.52
30,000,000.00 34,834,800.00 36,771,560.80 49,401,974.70 52,149,006.76
103,201,745.04 112,754,056.71 118,121,332.45 141,418,932.19 147,854,419.29

6,857,142.86

-10,517,651.32

Interes Amortizacion Saldo

48,000,000.00
5,760,000.00 4,757,651.32 43,242,348.68
5,189,081.84 5,328,569.48 37,913,779.20
4,549,653.50 5,967,997.82 31,945,781.39
3,833,493.77 6,684,157.55 25,261,623.83
3,031,394.86 7,486,256.46 17,775,367.37
2,133,044.08 8,384,607.24 9,390,760.14
1,126,891.22 9,390,760.10 0.03
25,623,559.27 47,999,999.97
 AÑO 6 AÑO 7 TOTAL
75,358,087.34 80,357,080.96 480,687,544.89

14,571,428.57 14,571,428.57 101,999,999.99

2,133,044.08 1,126,891.22 25,623,559.27
92,062,559.99 96,055,400.75 608,311,104.16
43,252,309.58 45,657,307.24
135,314,869.57 141,712,707.99