Modelo Fi

Inversin I
No.
1
2
3
4
5
6
7
8
8
9
10
12
13
14
15
16

Total de Inversi

Instituto Tecnolgico de Veracruz

Modelo Financiero para Anlisis de Factibilidad de Proyec

Inversin Inicial del Proyecto
Concepto de Gasto
Trmites y permisos varios
Compra o renta de edificio
Adecuacin de espacio
Instalacin telefnica
Instalaciin Elctrica
Mobiliario
Equipo de cmputo
Licencias de software
Maquinaria y equipo
Unidades Mviles
Papelera
Capacitacin Maq. y Equipo
Promocin y publicidad Inicial
Materia Prima Inicial
Gastos de operacin (3 meses)
0tros

Total de Inversin Inicial

Importe ($)
39,000.00
10,000,000.00
50,000.00
4,000.00
15,000.00
34,792.00
30,000.00
4,000.00
912,174.00
635,700.00
6,500.00
12,000.00
13,000.00
328,450.60
604,350.00
20,000.00

12,708,967

Veracruz

d de Proyectos de Inversin

Mobiliario y Equipo de Oficina

No.
1
2
3
4
5
6
9

Concepto de Gasto
Escritorio ejecutivo (2)
Silla ejecutiva (2)
Escritrio tipo secretarial (2)
Silla secretarial (2)
Sillas (5)
Archiveros (4)
Otros

Total de Inversin Inicial

o de Oficina
Importe ($)
10,900.00
2,200.00
5,300.00
1,392.00
1,200.00
8,800.00
5,000.00
34,792.00

Sueldos y Salarios
No.
1
2
3
4
5

Tipo de Trabajador
Gerentes (2) (13,000.00)
Recursos Humanos (10,000.00)
Operativos Sr. (9) (5,500.00)
Secretarias (3) (5000)
Supervisores (3) (8,000.00)
Sueldos sin cuotas patronales
30% Cuotas Patronales

Importe Total de Sueldos

larios
Sueldo
26,000.00
10,000.00
49,500.00
15,000.00
24,000.00
124,500.00
37,350.00

161,850.00

Trmites y Permisos
No.
1
2
3
4
5
6
7
8
9

Total de Trmites y Permisos

Trmites y Permisos
Concepto de Gasto
Permiso para la constitucion de sociedades
Inscripcion en el registro federal de contribuyentes
Inscripcio al IMSS
Inscripcion al Infonavit.
Secretaria de Relaciones Exteriores
Registro publico del comercio
Licencia de Funcionamiento
Permisos municipales
Permisos Estatales

Total de Trmites y Permisos

Importe ($)
13,000.00
3,000.00
3,000.00
2,500.00
3,000.00
5,000.00
4,000.00
2,000.00
3,500.00

39,000.00

Activo Fijo
Eq. de Cmputo 1 (RH)
Eq. de Cmputo 2 (Gerencia)

Imp. Total Eq. de Cmp.

Mobiliario 1(estanteria)
Mobiliario 2 (escritorios)
Mobiliario (sillas y equipo de oficina )
Importe Total Mobiliario y Papeleria
Mezcladora de alta velocidad
Extrusora de polietileno de 60 mm
Mquina de impresin flexogrfica
Mquina de produccin de bolsas
Mezcladora de alta velocidad
Extrusora de polietileno de 60 cm
Mquina de impresin flexogrfica
Mquina de produccin de bolsas traslape
Imp. Total Maquinaria
Unidad de reparto
Montacarga marca CAT de 5000 lb
Montacarga Marca CAT de 5000 lb
Imp. Total U. Mviles

Depreciacin Anual

Ao de adquisicion
0
0

Valor Inicial
15,000.00
15,000.00

30,000.00
0
0
0
0
0
0
0
7
7
7
7

34,792.00
22,500.00
250,260.00
309,690.00
329,724.00
22,500.00
424,990.00
309,690.00
253,403.00
912,174.00
210,000.00
212,850.00
212,850.00
635,700.00

Tabla de Depreciacin de Activos Fijos

V. de Rescate
2,400.00
2,000.00

Vida til
4
4

Dep. Ao 1
3,150.00
3,250.00

Dep. Ao 2
3,150.00
3,250.00

Dep. Ao 3
3,150.00
3,250.00

Dep. Ao 4
3,150.00
3,250.00

6,000.00
6,000.00
120,000.00
138,000.00
140,000.00
6,000.00
168,000.00
138,000.00
112,000.00
40,000.00
65,000.00
65,000.00

Dep. Ao 5

5
10
10
10
10
10
10
10
10

5,758.40
1,650.00
13,026.00
17,169.00
18,972.40

5,758.40
1,650.00
13,026.00
17,169.00
18,972.40

5,758.40
1,650.00
13,026.00
17,169.00
18,972.40

5,758.40
1,650.00
13,026.00
17,169.00
18,972.40

5,758.40
1,650.00
13,026.00
17,169.00
18,972.40

8
8
8

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

121,188.30

121,188.30

121,188.30

121,188.30

114,788.30

Dep. Ao 6

Dep. Ao 7

Dep. Ao 8

1,650.00
13,026.00
17,169.00
18,972.40

1,650.00
13,026.00
17,169.00
18,972.40
1,650.00
25,699.00
17,169.00
14,140.30

1,650.00
13,026.00
17,169.00
18,972.40
1,650.00
25,699.00
17,169.00
14,140.30

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

21,250.00
18,481.25
18,481.25

109,029.90

167,688.20

167,688.20

Dep. Ao 9

Dep. Ao 10

1,650.00
13,026.00
17,169.00
18,972.40
1,650.00
25,699.00
17,169.00
14,140.30

1,650.00
13,026.00
17,169.00
18,972.40
1,650.00
25,699.00
17,169.00
14,140.30

######### #########

Importe del Prstamo

Tasa de inters
# Periodos (meses)
Periodo de Gracia
Saldo Inicial

$3,000,000.00
3.00%
36
6
$3,477,822.22

Importes Acumulados

Periodo
1
2
3
4
5
6
7
8
9
10
11
12

Pago
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45

Inters
$104,334.67
$102,685.78
$100,987.43
$99,238.13
$97,436.35
$95,580.52
$93,669.01
$91,700.16
$89,672.24
$87,583.48
$85,432.06
$83,216.10

1,911,569.44

$1,131,535.95

Tabla de Amortizacin de un Prstamo

Abono a Capital
54,962.79
56,611.67
58,310.02
60,059.32
61,861.10
63,716.93
65,628.44
67,597.29
69,625.21
71,713.97
73,865.39
76,081.35

780,033.49

Saldo
$3,422,859.44
$3,366,247.77
$3,307,937.75
$3,247,878.42
$3,186,017.32
$3,122,300.39
$3,056,671.95
$2,989,074.65
$2,919,449.44
$2,847,735.47
$2,773,870.08
$2,697,788.73

Periodo
13
14
15
16
17
18
19
20
21
22
23
24

Pago
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45

Inters
$80,933.66
$78,582.75
$76,161.31
$73,667.22
$71,098.32
$68,452.34
$65,726.99
$62,919.87
$60,028.55
$57,050.48
$53,983.07
$50,823.64

Abono
78,363.79
80,714.71
83,136.15
85,630.23
88,199.14
90,845.11
93,570.47
96,377.58
99,268.91
102,246.97
105,314.38
108,473.81

1,911,569.44

$799,428.20

1,112,141.24

Saldo
2,619,424.94
2,538,710.23
2,455,574.09
2,369,943.86
2,281,744.72
2,190,899.61
2,097,329.14
2,000,951.56
1,901,682.66
1,799,435.68
1,694,121.30
1,585,647.49

Periodo
25
26
27
28
29
30
31
32
33
34
35
36

Pago
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45
159,297.45

Inters
47,569.42
44,217.58
40,765.19
37,209.22
33,546.57
29,774.05
25,888.34
21,886.07
17,763.73
13,517.72
9,144.33
4,639.73

1,911,569.44

325,921.95

Abono
111,728.03
115,079.87
118,532.27
122,088.23
125,750.88
129,523.41
133,409.11
137,411.38
141,533.72
145,779.74
150,153.13
154,657.72 -

1,585,647.49

Saldo
1,473,919.46
1,358,839.59
1,240,307.32
1,118,219.09
992,468.21
862,944.80
729,535.69
592,124.31
450,590.59
304,810.85
154,657.72
0.00

Gastos de Operacin
Concepto del Gasto

Mes 1

Mes 2

Mes 3

Mes 4

Mayo

Energa Elctrica
8,500.00
Telfono
1,000.00
Servicio de agua
600.00
Viticos
3,500.00
Seguridad
3,000.00
Sueldos y salarios 161,850.00
Publicidad y Marketing 7,000.00
Limpieza
8,000.00
Combustibles
6,000.00

8,500.00
1,000.00
600.00
3,500.00
3,000.00
161,850.00
7,000.00
8,000.00
6,000.00

8,500.00
1,000.00
600.00
3,500.00
3,000.00
161,850.00
7,000.00
8,000.00
6,000.00

8,500.00
1,000.00
600.00
3,500.00
3,000.00
161,850.00
5,000.00
8,000.00
6,000.00

8,500.00
1,000.00
600.00
3,500.00
3,000.00
161,850.00
5,000.00
16,000.00
6,000.00

Otros
2,000.00
Totales Mensuales 201,450.00

2,000.00
201,450.00

2,000.00
201,450.00

2,000.00

2,000.00

Ao 1
Gastos Anuales de Operacin Estimados 2,442,400.00

Ao 2
2,564,520.00

Ao3
2,692,746.00

Gastos de Operacin Mensuales del Primer Ao

Junio

Julio

Agosto

Septiembre

Octubre

Noviembre

8,500.00
1,500.00
600.00
3,500.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

8,500.00
1,500.00
600.00
4,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

8,500.00
1,500.00
600.00
4,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

8,500.00
1,500.00
600.00
4,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

8,500.00
1,500.00
600.00
4,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

8,500.00
1,500.00
600.00
4,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00

2,000.00

2,000.00

2,000.00

2,000.00

2,000.00

2,000.00

Total de Gastos de Operacin del Primer Ao

Ao 4
2,827,383.30

Ao 5
2,968,752.47

Ao 6
3,117,190.09

Ao 7
3,273,049.59

Ao 8
3,436,702.07

Ao 9
3,608,537.18

Diciembre
8,500.00
2,000.00
600.00
6,000.00
6,000.00
161,850.00
5,000.00
16,000.00
6,000.00
2,000.00

n del Primer Ao
Ao 10
3,788,964.03

Acumulado
102,000.00
16,000.00
7,200.00
47,000.00
6,000.00
1,942,200.00
66,000.00
160,000.00
72,000.00
24,000.00

2,442,400.00

Concepto del Rubro

Ingresos por Ventas
Costo de lo Vendido
Utilidad Bruta
Gastos de Operacin
Utilidad de Operacin
Pago de Prstamos
Depreciacin
Utilidad A. de Imptos.
ISR (30% Aprox.)

Utilidad Neta
Ao 0

- 12,708,966.60

Estado de Resultados Proyectado a 10 Aos

Ao 1

6,907,554.00
4,317,221.25
2,590,332.75
2,442,400.00
147,932.75
1,911,569.44
121,188.30
1,884,824.99 -565,447.50

- 1,319,377.49 -

Ao 1

- 1,319,377.49 -

Ao 2

Ao 3

8,957,992.33
5,598,745.21
3,359,247.12
2,564,520.00
794,727.12
1,911,569.44
121,188.30
1,238,030.62
-371,409.18

10,857,086.70
6,785,679.19
4,071,407.51
2,692,746.00
1,378,661.51
1,911,569.44
121,188.30
1,136,284.91
340,885.47

866,621.43

795,399.44

Ao 2

866,621.43

Ao 3

795,399.44

Ao 4

13,158,789.08
8,224,243.18
4,934,545.91
2,827,383.30
2,107,162.61
121,188.30
1,985,974.31
595,792.29

1,390,182.01

Ao 4

1,390,182.01

ltados Proyectado a 10 Aos

Ao 5

Ao 6

Ao 7

Ao 8

Ao 9

15,948,452.37
9,967,782.73
5,980,669.64
2,968,752.47
3,011,917.17

19,329,524.27
12,080,952.67
7,248,571.60
3,117,190.09
4,131,381.51

23,427,383.42
14,642,114.64
8,785,268.78
3,273,049.59
5,512,219.19

28,393,988.70
17,746,242.94
10,647,745.76
3,436,702.07
7,211,043.69

34,413,514.31
21,508,446.44
12,905,067.87
3,608,537.18
9,296,530.69

114,788.30
2,897,128.87
869,138.66

109,029.90
4,022,351.61
1,206,705.48

167,688.20
5,344,530.99
1,603,359.30

167,688.20
7,043,355.49
2,113,006.65

109,475.70
9,187,054.99
2,756,116.50

2,027,990.21

Ao 5

2,027,990.21

2,815,646.13

Ao 6

2,815,646.13

3,741,171.69

Ao 7

3,741,171.69

4,930,348.84

Ao 8

4,930,348.84

6,430,938.49

Ao 9

6,430,938.49

Ao 10

41,709,179.34
26,068,237.09
15,640,942.25
3,788,964.03
11,851,978.22
109,475.70
11,742,502.52
3,522,750.76

8,219,751.76

Ao 10

8,219,751.76

Clculo de la Tasa Interna de Rendimiento (TIR)

erna de Rendimiento (TIR)

9.88%

Clculo del Valor Presente Neto con TREMA de 30%

sente Neto con TREMA de 30%

-$7,580,806.25

Concento del rubro

Precio de venta (ton)

AO 0
3837.53

AO 1
3875.91

AO 2
3914.66

AO 3
3953.81

AO 4
3993.35

AO 5
4033.28

AO 6
4073.62

AO 7
4114.35

AO 8
4155.50

AO 9
4197.05

AO 10
4239.02

Concepto del rubro

Unidades a vender (ton)

AO 0
1800.00

AO 1
2160.00

AO 2
2592.00

AO 3
3110.40

AO 4
3732.48

AO5
4478.98

AO 6
5374.77

AO 7
6449.73

AO 8
7739.67

AO 9
9287.60

AO 10
11145.13

Inversion inicial y utilidad neta

Nuevas inversiones
Prestamos
Valor de desecho
datos totales

AO 0
12,708,966.60
3,000,000.00
1,008,400.00
16,717,366.60

AO 1

AO 2

AO 3

AO 4

AO 5

AO 6

AO 7

AO 8

AO 9

AO 10