VARIABLES DE ENTRADA

Ventas ao 1
Precio de Venta ao 1
IPC
Incremento anual en ventas
Inv. Final PT en dias
Inv Final Materiales en Dias
Precio de material A
Precio de Material B
Precio de Material C
Horas hombre mano de obra directa
CIF/Sobre costo de mano de obra y materiales directos

10,000
90,000
6.0%
60.0%
45
30
550
470
310
2.0
5.0%

Unidades requeridas de material A por Unidad de Producto

35.00

Unidades requeridas de material B por Unidad de Producto

46.00

Unidades requeridas de material C por Unidad de Producto

Comision a Vendedores

19.00
2%

PRESUPUESTO DE INVERSIN EN ACTIVOS

Produccin
Construcciones y Edificacines
Maquinaria Y Equipo
Muebles y Enseres
Equipo de Computo y Comunicaciones
Vehculos
Subtotal
Administracin y Ventas
Construcciones y Edificacines
Muebles y Enseres
Equipo de Computo y Comunicaciones
vehiculos
Subtotal
TOTAL INVERSIN EN ACTIVOS FIJOS
INVERSIN EN PREOPERATIVOS

$100,000,000
$5,000,000
$8,000,000
$7,000,000
$75,000,000
$195,000,000
$9,000,000
$8,000,000
$6,000,000
$25,000,000
$48,000,000
$243,000,000
$8,000,000

INVERSIN EN CAPITAL DE TRABAJO

$155,967,160

TOTAL PRESUPUESTO DE INVERSIN

$406,967,160

PRESUPUESTO DE
UNIDADES VENDIDAS
PRECIO
INGRESOS POR VENTAS

PRESUPUESTO DE PR
VENTAS PRESUPUESTADAS
INV FINAL
SUB TOTAL
INV INICIAL
UNIDADES A PRODUCIR

PRESUPUESTO DE COMPRA DE M
PRODUCCION REQUERIDA
INVENTARIO FINAL DE MP
SUB TOTAL
INVENTARIO INICIAL DE MP
COMPRA DE MATERIALES REQUERIDA
COMPRA REQUERIDA MATERIAL A
COSTO UNITARIO DE MATERIAL A
SUBTOTAL
COMPRA REQUERIDA MATERIAL B
COSTO UNITARIO DE MATERIAL B
SUBTOTAL
COMPRA REQUERIDA DE MATERIAL C
COSTO UNITARIO DE MATERIAL C
SUB TOTAL
COSTO DE COMPRAS
PRESUPUESTO DE CONSUMO DE
CONSUMO MATERIAL A
COSTO UNITARIO
SUB TOTAL
CONSUMO MATERIAL B
COSTO UNITARIO
SUB TOTAL
CONSUMO MATERIAL C
COSTO UNITARIO
SUB TOTAL
COSTO MATERIAL A CONSUMIR

PRESUPUESTO DE MANO D
UNIDADES A PRODUCIR

HORAS HOMBRE MANO DE OBRA

TARIFA ESTANDAR POR HORA
TOTAL COSTO MANO DE OBRA DIRECTA

PRESUPUESTO D
COSTO PRIMO
CIF VARIABLES
COSTO DEPRECIACIN
TOTAL CIF

GASTOS DE DEPRE
Produccin
Construcciones y Edificacines
Maquinaria Y Equipo
Muebles y Enseres
Equipo de Computo y Comunicaciones
Vehculos
Subtotal
Administracin y Ventas
Construcciones y Edificacines
Muebles y Enseres
Equipo de Computo y Comunicaciones
vehiculos
Subtotal
TOTAL DEPRECIACIN

ESTADO DE COSTO DE VENT

MATERIAS PRIMAS
MANO DE OBRA DIRECTA
COSTO PRIMO
CIF
INVENTARIO INICIAL DE PRODUCTOS EN PROCESO
PRODUCCIN DISPONIBLE
Invenrario Final de Productos en Proceso
TOTAL COSTO DE PRODUCCIN
INVENTARIO INICIAL DE PRODUCTO TERMINADO
MERCANCIA DISPONIBLE PARA LA VENTA
INV FINAL DE PRODUCTO TERMINADO
COSTO DE VENTAS

COSTO UNITARIO DE MANUFACTURA

GASTOS DE ADMINISTRA
FIJOS
SEGUROS
ARRIENDO
ASEO Y CAFETERIA
PAPALERIA
SERVICIOS PBLICOS ADMON Y VENTAS
TOTAL GASTOS DE ADMINISTRACIN Y VENTAS

NOMINA DE ADMINISTRA
GERENTES DE DEPARTAMENTO
SALARIO PROMEDIO
SUBTOTAL
PERSONAL ASISTENCIAL ADMINISTRATIVO
SALARIO PROMEDIO
SUBTOTAL
VENDEDORES
SALARIO PROMEDIO
SUBTOTAL
COMISIONES VENDEDORES
TOTAL SALARIOS
CARGA PRESTACIONAL(44%)
TOTAL COSTOS LABORALES ADMON Y VENTAS

MONTO DEL CREDITO

PLAZO
INTERES
CAPITAL
INTERESES
CUOTA
SALDO

FLUJO DE CAJA DE L
10,500,000
3
10%

10,500,000
INVENTARIO FINAL DE

Inventario Final
Material A
Material B
Material C
Costo Material A
Costo Material B
Costo Material C
Inventario Final

ESTADO DE RESULTADOS
Ao 0
VENTAS
COSTO DE VENTAS
UTILIDA BRUTA
GASTOS DE ADMINISTRACION Y VENTAS
Gastos Varios
Nomina de Administracin y Ventas
Gastos de Depreciacin
Gastos Preoperativos
UTILIDAD OPERACIONAL
Gastos Financieros
UTILIDAD ANTES DE IMPUESTOS
Impuesto
UTILIDAD NETA
Reserva Legal
UTILIDAD DEL EJERCICIO

BALANCE GENERAL
ACTIVO CORRIENTE
Caja Y Bancos

INICIAL
155,967,160
155,967,160

Cuentas Por Cobrar Clientes

Inventario de Materiales
Inventrio de Productos en Proceso
Inventario de Productos Terminados

ACTIVO NO CORRIENTE
ACTIVO FIJO
Construcciones y Edificaciones
Maquinaria y Equipo
Muebles y Enseres
Equipo de Computo y Comunicaciones
Vehculos

251,000,000
243,000,000
109,000,000
5,000,000
16,000,000
13,000,000
100,000,000

Depreciacin Acumulada

CARGOS DIFERIDOS
Preoperativos

TOTAL ACTIVOS
PASIVOS CORRIENTES
Proveedores

PASIVOS NO CORRIENTES
Obligaciones Financieras

TOTAL PASIVOS
PATRIMONIO
Capital Suscrito y Pagado
Resultado del Ejercicio
Resultado de Ejercicios Anteriores
Reservas

8,000,000
8,000,000

406,967,160
-

10,500,000
10,500,000

10,500,000
396,467,160
396,467,160

TOTAL PASIVO Y PATRIMONIO

406,967,160
-

SUMAS IGUALES

FLUJO DE CA
Ao 0
Utilidad Operacional
(-)Impuestos Operacionales
Utilidad Operativa despues de Impuestos
(+)Depreciaciones
(+)Amortizaciones
(-)Incremento en Capital de Trabajo
(-)Inversin en Activos Fijos
FLUJO DE CAJA LIBRE OPERACIONAL
(-)Gastos de Intereses
(-)Amortizacin de la deuda
(+)Creditos Recibidos
(+)Otros Ingresos no Operacionales
(-)Otros Egresos no operacionales
(+)Efecto Impuestos
FLUJO DE CAJA DISPONIBLE PARA EL ACCIONISTA
(-)Dividendos
FLUJO DE CAJA DEL PERIODO
(+)Caja Inicial
CAJA FINAL

Rm
Rf
B0
B
Ke
Wacc
Primas de Resgo
TIO

9.37%
3.14%
1.02
1.05
9.66%
9.61%
10.0%
19.6%

Valor de Salvamento
Flujo de Caja Libre Operacional
VP
VPN
RBC
TIR

ao0
(406,967,160)
(406,967,160)

Salario Minimo Vigente

Auxilio de Transporte
Horas Laborales al mes
Carga Prestacional
Plazo Ventas A Crdito
Plazo Compras a Proveedores
Impuesto de renta
Personal Gerencial ao 1
Salario Gerentes ao 1
Personal Asistencial ao 1
Salario Administativos ao 1

$689,454
$77,700
$240
44%
20
30
25%
1
$2,000,000
2
$850,000

Personal de Ventas Ao 1

Salario Vendedores Ao 1

$689,454

Monto del Credito

Tasa
Plazo

$10,500,000
10%
$3

PRESUPUESTO DE VENTAS
AO 1

AO 2

AO 3

AO 4

10,000

16,000

25,600

40,960

$90,000

$95,625

$101,602

$107,952

900,000,000

1,530,000,000

PRESUPUESTO DE PRODUCCIN
AO 1
AO 2

2,601,011,200

AO 3

4,421,713,920

AO 4

$10,000

$16,000

$25,600

$40,960

$2,000

$3,200

$5,120

$8,192

12,000
12,000

19,200
2,000
17,200

ESTO DE COMPRA DE MATERIALES DIRECTOS

AO 1
AO 2

30,720
3,200
27,520

AO 3

49,152
5,120
44,032

AO 4

$12,000

$17,200

$27,520

$44,032

$1,433

$2,293

$3,669

$4,779

13,433
13,433
470,155
550
258,585,250
617,918
470
290,421,460
255,227
310
79,120,370
628,127,080

19,493
1,433
18,060
632,100
583
368,514,300
830,760
498
413,884,632
343,140
329
112,755,804
895,154,736

31,189
2,293
28,896
1,011,360
618
625,000,253
1,329,216
528
701,948,336
549,024
348
191,233,844
1,518,182,432

48,811
3,669
45,142
1,579,970
655
1,034,973,252
2,076,532
560
1,162,395,933
857,698
369
316,674,933
2,514,044,118

STO DE CONSUMO DE MATERIALES DIRECTOS

AO 1
AO 2
420,000
602,000
550
583
231,000,000
350,966,000
552,000
791,200
470
498
259,440,000
394,175,840
228,000
326,800
310
329
70,680,000
107,386,480
561,120,000
852,528,320

AO 3
963,200
618
595,238,336
1,265,920
528
668,522,225
522,880
348
182,127,470
1,445,888,031

AO 4
1,541,120
655
1,009,524,218
2,025,472
560
1,133,813,693
836,608
369
308,888,189
2,452,226,100

SUPUESTO DE MANO DE OBRA DIRECTA

AO 1
AO 2
12,000
17,200

AO 3
27,520

AO 4
44,032

2
4,137
99,281,376

PRESUPUESTO DE CIF
AO 1
660,401,376
33,020,069
22,700,000
55,720,069
GASTOS DE DEPRECIACIN
AO 1

2
4,385
150,841,504

2
4,648
255,827,191

2
4,927
433,882,915

AO 2
1,003,369,824
50,168,491
22,700,000
72,868,491

AO 3
1,701,715,221
85,085,761
22,700,000
107,785,761

AO 4
2,886,109,015
144,305,451
22,700,000
167,005,451

AO 2

AO 3

AO 4

5000000
500,000
800,000
1,400,000
15,000,000
22,700,000

5000000
500,000
800,000
1,400,000
15,000,000
22,700,000

5000000
500,000
800,000
1,400,000
15,000,000
22,700,000

5000000
500,000
800,000
1,400,000
15,000,000
22,700,000

450,000
800,000
1,200,000
5,000,000
7,450,000
30,150,000

450,000
800,000
1,200,000
5,000,000
7,450,000
30,150,000

450,000
800,000
1,200,000
5,000,000
7,450,000
30,150,000

450,000
800,000
1,200,000
5,000,000
7,450,000
30,150,000

DO DE COSTO DE VENTAS PROYECTADO

AO 1
AO 2
561,120,000
852,528,320
99,281,376
150,841,504
660,401,376
1,003,369,824
55,720,069
72,868,491
59,676,787
716,121,445
1,135,915,102
59,676,787
100,115,192
656,444,658
1,035,799,910
119,353,574
656,444,658
1,155,153,484
119,353,574
200,230,384
537,091,084
954,923,100

AO 3
1,445,888,031
255,827,191
1,701,715,221
107,785,761
100,115,192
1,909,616,175
168,325,673
1,741,290,502
200,230,384
1,941,520,886
336,651,346
1,604,869,540

AO 4
2,452,226,100
433,882,915
2,886,109,015
167,005,451
168,325,673
3,221,440,139
284,010,648
2,937,429,491
336,651,346
3,274,080,837
568,021,296
2,706,059,541

65,752

69,339

59,677

62,572

STOS DE ADMINISTRACIN Y VENTAS

AO 1
AO 2

AO 3

AO 4

$1,000,000

$1,662,500

$2,763,906

$4,594,994

$800,000

$1,330,000

$2,211,125

$3,675,995

$120,000

$199,500

$331,669

$551,399

$150,000

$249,375

$414,586

$689,249

$1,000,000

$1,662,500

$2,763,906

$4,594,994

3,070,000

5,103,875

MINA DE ADMINISTRACIN Y VENTAS

AO 1
AO 2
1
1
2,000,000
2,120,000
24,000,000
25,440,000
2
2
850,000
901,000
20,400,000
21,624,000
3
3
689,454
730,821
24,820,344
26,309,565
18,000,000
30,600,000
87,220,344
103,973,565
38,376,951
45,748,368
125,597,295
149,721,933

8,485,192

AO 3
1
2,247,200
26,966,400
2
955,060
22,921,440
3
774,671
27,888,139
52,020,224
129,796,203
57,110,329
186,906,532

14,106,631

AO 4
1
2,382,032
28,584,384
2
1,012,364
24,296,726
3
821,151
29,561,427
88,434,278
170,876,816
75,185,799
246,062,615

FLUJO DE CAJA DE LA DEUDA

Ao 1
3,172,205
1,050,000
4,222,205
7,327,795

Ao 2
3,489,426
732,779
4,222,205
3,838,369

NVENTARIO FINAL DE MATERIALES

AO 1
AO 2
50,155
65,918
27,227
550
470
310
67,007,080

80,255
105,478
43,567
583
498
329
113,653,921

Ao 3

Ao 4

3,838,369
383,837
4,222,205
-

AO 3
128,415
168,774
69,711
618
528
348
192,767,558

AO 4
167,265
219,834
90,801
655
560
369
266,151,629

TADO DE RESULTADOS PROYECTADO

AO 1
AO 2
900,000,000
1,530,000,000
537,091,084
954,923,100
362,908,916
575,076,900
144,117,295
162,275,808

AO 3
2,601,011,200
1,604,869,540
996,141,660
202,841,724

AO 4
4,421,713,920
2,706,059,541
1,715,654,379
267,619,246

3,070,000

5,103,875

8,485,192

14,106,631

125,597,295

149,721,933

186,906,532

246,062,615

7,450,000

7,450,000

7,450,000

7,450,000

8,000,000
218,791,621
1,050,000
217,741,621
54,435,405
163,306,216
16,330,622
146,975,594

412,801,092
732,779
412,068,312
103,017,078
309,051,234
30,905,123
278,146,111

793,299,936
383,837
792,916,099
198,229,025
594,687,074
59,468,707
535,218,367

1,448,035,134
1,448,035,134
362,008,783
1,086,026,350
108,602,635
977,423,715

AO 1
406,595,094

AO 2
764,559,207

AO 3
1,437,476,887

AO 4
2,636,641,711

110,557,652

265,559,710

595,231,689

1,272,807,365

50,000,000

85,000,000

144,500,622

245,650,773

67,007,080

113,653,921

192,767,558

266,151,629

59,676,787

100,115,192

168,325,673

284,010,648

119,353,574

200,230,384

336,651,346

568,021,296

212,850,000
212,850,000

182,700,000
182,700,000

152,550,000
152,550,000

122,400,000
122,400,000

109,000,000

109,000,000

109,000,000

109,000,000

5,000,000

5,000,000

5,000,000

5,000,000

16,000,000

16,000,000

16,000,000

16,000,000

13,000,000

13,000,000

13,000,000

13,000,000

100,000,000

100,000,000

100,000,000

100,000,000

(30,150,000)

(60,300,000)

(90,450,000)

(120,600,000)

619,445,094
52,343,923

947,259,207
74,596,228

1,590,026,887
126,515,203

2,759,041,711
209,503,677

126,515,203

209,503,677

52,343,923

74,596,228

7,327,795

3,838,369

7,327,795

3,838,369

59,671,718
559,773,376

78,434,597
868,824,610

126,515,203
1,463,511,684

209,503,677
2,549,538,035

396,467,160

396,467,160

396,467,160

396,467,160

146,975,594

278,146,111

535,218,367

977,423,715

146,975,594

425,121,705

960,340,072

47,235,745

106,704,452

215,307,087

16,330,622

(0)
-

(0)

619,445,094
-

FLUJO DE CAJA
Ao 1
218,791,621
54,697,905
164,093,716
30,150,000
8,000,000
243,693,518

947,259,207
-

1,590,026,887
-

2,759,041,711
-

Ao 2
412,801,092
103,200,273
309,600,819
30,150,000
180,709,751

Ao 3
793,299,936
198,324,984
594,974,952
30,150,000
291,326,726

Ao 4
1,448,035,134
362,008,783
1,086,026,350
30,150,000
438,600,675

(41,449,802)
1,050,000
3,172,205

159,041,068
732,779
3,489,426

333,798,226
383,837
3,838,369

677,575,676
-

262,500
(45,409,508)

183,195
155,002,057

95,959
329,671,979

677,575,676

(45,409,508)
155,967,160
110,557,652

155,002,057
110,557,652
265,559,710

329,671,979
265,559,710
595,231,689

677,575,676
595,231,689
1,272,807,365

ao1
(41,449,802)

ao2
159,041,068

ao3
333,798,226

ao4
677,575,676

(34,654,971)

111,172,003

195,080,223

331,077,830

AO 5
65,536
$114,699

7,516,913,664

AO 5
$65,536
$0

65,536
8,192
57,344

AO 5
$57,344
$0

57,344
4,779
52,565
1,839,775
694
1,277,470,452
2,417,990
593
1,434,748,632
998,735
391
390,872,777
3,103,091,862

AO 5
2,007,040
694
1,393,612,967
2,637,824
593
1,565,190,252
1,089,536
391
426,409,370
3,385,212,588

AO 5
57,344

ajuste de acuerdo al ipc

2
5,223
598,960,229

AO 5
3,984,172,818
199,208,641
22,700,000 costo
221,908,641

AO 5
5000000
500,000
800,000
1,400,000
15,000,000
22,700,000 costo
450,000
800,000
1,200,000
5,000,000
7,450,000 gasto
30,150,000

AO 5
3,385,212,588
598,960,229
3,984,172,818
221,908,641
284,010,648
4,490,092,107
4,490,092,107
568,021,296
5,058,113,403
5,058,113,403

73,348

AO 5
$7,639,178 datos inventados
$6,111,342
$916,701
$1,145,877
$7,639,178

23,452,276

AO 5
1
2,524,954
30,299,447
2
1,073,105
25,754,530
3
870,420
31,335,112
150,338,273
237,727,363
104,600,040
342,327,402

Ao 5
-

AO 5
694
593
391
-

AO 5
7,516,913,664
5,058,113,403
2,458,800,261
373,229,678
23,452,276
342,327,402
7,450,000

2,085,570,583
2,085,570,583
521,392,646
1,564,177,937
156,417,794
1,407,760,144

AO 5
4,280,056,961
3,862,450,646
417,606,315

18

92,250,000
92,250,000
109,000,000
5,000,000
16,000,000
13,000,000
100,000,000
(150,750,000)

4,372,306,961
258,590,988
258,590,988

12

(0)
(0)

258,590,988
4,113,715,972
396,467,160
1,407,760,144
1,937,763,787
371,724,881

103

4,372,306,961
-

Ao 5
2,085,570,583
521,392,646
1,564,177,937
30,150,000
(995,315,344)
2,589,643,281
-

2,589,643,281
2,589,643,281
1,272,807,365
3,862,450,646

282,466,636
ao5
2,872,109,917
1,173,319,864