TABLA DE INFORMACIÓN BÁSICA

año 1 año 2

CAPITAL 5,000,000
INVERSIÓN MUEBLES Y ENSERES 2,500,000
VENTAS
Crecimiento anual 20%
Unidades
jabon 800 960
ceras 300 360
Precios de venta
jabon 8,000 8,000 8,880
ceras 18,000 18,000 19,980
Crecimiento anual precios de venta 11%

Costos
Precios de compra 230
jabon 3,825 3,825 4,055
ceras 7,554 7,554 8,007
Crecimiento anual precios de compra 6%

LOCALES 1
MESES / AÑO 12
CRÉDITO DE PROVEEDORES 1 MES
INVENTARIO 1 MES DE VENTAS
GASTOS GENERALES DE ADMINISTRACIÓN 2,000,000 anual
DEPRECIACIÓN 10 AÑOS
PROPAGANDA 500,000
ARRIENDO 3,000,000

PLANTA DE PERSONAL Unidad Sueldo mes

Funcionario 1 1 1,000,000 1,000,000
Administrador 0 0
Vendedor 0 0

PRESTACIONES SOCIALES 50% Sueldo básico

CESANTÍAS 100% Sueldo por año
Intereses de cesantías 12% anual
Incremento anual gastos de personal 7%

INCREMENTO ANUAL OTROS COSTOS Y GASTOS 6%

CRÉDITO BANCOLOMBIA
Capital
Plazo 3 años
Período de gracia 1 año
Amortización Trimestral
Interés 18% anual

RENDIMIENTO INVERSIONES TEMPORALES 6%

IMPUESTO DE RENTA 35%
RESERVA LEGAL 10%
año 3 año 4

35% 50%

1,080 1,200
405 450

9,857 10,941
22,178 24,617

4,298 4,556
8,488 8,997
.,
 INICIAL 1 2
ACTIVOS
Activos Corrientes
Caja $ 5,000,000 $ 9,574,014 $ 14,148,028
Inversiones Temporales
Cuentas por Cobrar
Inventarios $ 159,786 $ 319,572
Total Corrientes $ 5,000,000 $ 9,733,800 $ 14,467,600
Activos Fijos
Activos Fijos Depreciables $ 2,500,000 $ 2,500,000 $ 2,500,000
Depreciación Acumulada $ 20,833 $ 41,667
Activos Fijos Intangibles
Amortización de Intangibles
Total Activos Fijos $ 2,500,000 $ 2,479,167 $ 2,458,333
TOTAL ACTIVOS $ 7,500,000 $ 12,212,967 $ 16,925,933

PASIVOS
Pasivos Corrientes
Prestaciones Sociales $ 218,333 $ 436,667
Proveedores $ - $ -
Cuentas por pagar
Impuestos por pagar $ 1,573,122 $ 3,146,243
Obligaciones Bancarias $ - $ -
Total Pasivo Corriente
Pasivo a Largo Plazo
Deuda en Moneda Extranjera
Total Pasivo $ - $ 1,791,455 $ 3,582,910
Patrimonio
Capital Social $ 7,500,000 $ 7,500,000 $ 7,500,000
Utilidades Retenidas $ 2,629,361
Utilidades del Período $ 2,629,361 $ 2,629,361
Reserva Legal $ 292,151 $ 584,302
Revalorización del Patrimonio
Total Patrimonio $ 7,500,000 $ 10,421,512 $ 13,343,023
TOTAL PASIVO + PATRIMONIO $ 7,500,000 $ 12,212,967 $ 16,925,933

Diferencia $ - $ - $ -
 3 4 5 6

$ 18,722,042 $ 23,296,056 $ 27,870,070 $ 31,944,084

$ 479,358 $ 639,144 $ 798,930 $ 958,716

$ 19,201,400 $ 23,935,200 $ 28,669,000 $ 32,902,800

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 62,500 $ 83,333 $ 104,167 $ 125,000

$ 2,437,500 $ 2,416,667 $ 2,395,833 $ 2,375,000

$ 21,638,900 $ 26,351,867 $ 31,064,833 $ 35,277,800

$ 655,000 $ 873,333 $ 1,091,667 $ 810,000

$ - $ - $ - $ -

$ 4,719,365 $ 6,292,487 $ 7,865,608 $ 9,438,730

$ - $ - $ - $ -

$ 5,374,365 $ 7,165,820 $ 8,957,275 $ 10,248,730

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 5,258,721 $ 7,888,082 $ 10,517,442 $ 13,146,803
$ 2,629,361 $ 2,629,361 $ 2,629,361 $ 2,629,361
$ 876,454 $ 1,168,605 $ 1,460,756 $ 1,752,907

$ 16,264,535 $ 19,186,047 $ 22,107,558 $ 25,029,070

$ 21,638,900 $ 26,351,867 $ 31,064,833 $ 35,277,800

$ - $ - $ - $ -
 7 8 9 10

$ 36,518,098 $ 28,507,139 $ 33,081,153 $ 37,655,167

$ 1,118,502 $ 1,278,288 $ 1,438,074 $ 1,597,860

$ 37,636,600 $ 29,785,427 $ 34,519,227 $ 39,253,027

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 145,833 $ 166,667 $ 187,500 $ 208,333

$ 2,354,167 $ 2,333,333 $ 2,312,500 $ 2,291,667

$ 39,990,767 $ 32,118,760 $ 36,831,727 $ 41,544,693

$ 1,028,333 $ 1,246,667 $ 1,465,000 $ 1,683,333

$ - $ - $ - $ -

$ 11,011,852 $ - $ 1,573,122 $ 3,146,243

$ - $ - $ - $ -

$ 12,040,185 $ 1,246,667 $ 3,038,122 $ 4,829,577

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 15,776,163 $ 18,405,524 $ 21,034,884 $ 23,664,245
$ 2,629,361 $ 2,629,361 $ 2,629,361 $ 2,629,361
$ 2,045,058 $ 2,337,209 $ 2,629,361 $ 2,921,512

$ 27,950,582 $ 30,872,093 $ 33,793,605 $ 36,715,117

$ 39,990,767 $ 32,118,760 $ 36,831,727 $ 41,544,693

$ - $ - $ - $ -

$ - $ -
 11 12 13 14

$ 42,229,181 $ 45,803,195 $ 50,945,310 $ 54,967,425

$ 1,757,646 $ 1,917,432 $ 2,093,197 $ 2,268,961

$ 43,986,827 $ 47,720,627 $ 53,038,507 $ 57,236,387

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 229,167 $ 250,000 $ 270,833 $ 291,667

$ 2,270,833 $ 2,250,000 $ 2,229,167 $ 2,208,333

$ 46,257,660 $ 49,970,627 $ 55,267,673 $ 59,444,720

$ 1,901,667 $ 1,120,000 $ 1,353,617 $ 467,233

$ - $ - $ - $ -

$ 4,719,365 $ 6,292,487 $ 8,087,116 $ 9,881,746

$ - $ - $ - $ -

$ 6,621,032 $ 7,412,487 $ 9,440,733 $ 10,348,979

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 26,293,605 $ 28,922,966 $ 31,552,326 $ 34,551,921
$ 2,629,361 $ 2,629,361 $ 2,999,595 $ 2,999,595
$ 3,213,663 $ 3,505,814 $ 3,839,102 $ 4,172,391

$ 39,636,628 $ 42,558,140 $ 45,891,024 $ 49,223,907

$ 46,257,660 $ 49,970,627 $ 55,331,757 $ 59,572,887

$ - $ - $ (64,083) $ (128,167)
$ (64,083)

$ 50,881,227
$ (64,083)
$ (64,083)
$ 2,029,113
$ 52,974,423
$ (64,083)
$ 2,435,917
$ 206,750
$ (64,083)
$ (64,083)
$ 2,165,083
$ 55,203,590
$ (64,083)
$ (64,083)
$ (64,083)
$ 1,289,533
$ (64,083)
$ (64,083)
$ 8,023,033
$ (64,083)
$ (64,083)
$ (64,083)
$ (64,083)
$ 9,376,650
$ (64,083)
$ 7,435,917
$ 31,488,243
$ 2,935,512
$ 3,775,019
$ (64,083)
$ 45,826,940
$ 55,267,673
$ (64,083)
 15 16 17 18

$ 60,109,541 $ 65,251,656 $ 70,393,772 $ 75,000,887

$ 2,444,726 $ 2,620,490 $ 2,796,255 $ 2,972,020

$ 62,554,267 $ 67,872,147 $ 73,190,027 $ 77,972,907

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 312,500 $ 333,333 $ 354,167 $ 375,000

$ 2,187,500 $ 2,166,667 $ 2,145,833 $ 2,125,000

$ 64,741,767 $ 70,038,813 $ 75,335,860 $ 80,097,907

$ 700,850 $ 934,467 $ 1,168,083 $ 866,700

$ - $ - $ - $ -

$ 11,676,376 $ 13,471,005 $ 15,265,635 $ 17,060,265

$ - $ - $ - $ -

$ 12,377,226 $ 14,405,472 $ 16,433,718 $ 17,926,965

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 37,551,517 $ 40,551,112 $ 43,550,707 $ 46,550,303
$ 2,999,595 $ 2,999,595 $ 2,999,595 $ 2,999,595
$ 4,505,679 $ 4,838,967 $ 5,172,256 $ 5,505,544

$ 52,556,791 $ 55,889,675 $ 59,222,558 $ 62,555,442

$ 64,934,017 $ 70,295,147 $ 75,656,277 $ 80,482,407

$ (192,250) $ (256,333) $ (320,417) $ (384,500)

$ (64,083) $ (64,083) $ (64,083) $ (64,083)
 19 20 21 22

$ 80,143,002 $ 64,635,594 $ 69,777,709 $ 74,919,825

$ 3,147,784 $ 3,323,549 $ 3,499,313 $ 3,675,078

$ 83,290,787 $ 67,959,143 $ 73,277,023 $ 78,594,903

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 395,833 $ 416,667 $ 437,500 $ 458,333

$ 2,104,167 $ 2,083,333 $ 2,062,500 $ 2,041,667

$ 85,394,953 $ 70,042,476 $ 75,339,523 $ 80,636,569

$ 1,100,317 $ 1,333,933 $ 1,567,550 $ 1,801,167

$ - $ - $ - $ -

$ 18,854,894 $ - $ 1,794,630 $ 3,589,259

$ - $ - $ - $ -

$ 19,955,211 $ 1,333,933 $ 3,362,180 $ 5,390,426

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 49,549,898 $ 52,549,493 $ 55,549,088 $ 58,548,684
$ 2,999,595 $ 2,999,595 $ 2,999,595 $ 2,999,595
$ 5,838,833 $ 6,172,121 $ 6,505,409 $ 6,838,698

$ 65,888,326 $ 69,221,209 $ 72,554,093 $ 75,886,977

$ 85,843,537 $ 70,555,143 $ 75,916,273 $ 81,277,403

$ (448,583) $ (512,667) $ (576,750) $ (640,833)

$ (64,083) $ (64,083) $ (64,083) $ (64,083)
 23 24 25 26

$ 80,061,940 $ 84,134,055 $ 89,912,086 $ 94,491,717

$ 3,850,843 $ 4,026,607 $ 4,219,948 $ 4,413,289

$ 83,912,783 $ 88,160,663 $ 94,132,035 $ 98,905,007

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 479,167 $ 500,000 $ 520,833 $ 541,667

$ 2,020,833 $ 2,000,000 $ 1,979,167 $ 1,958,333

$ 85,933,616 $ 90,160,663 $ 96,111,201 $ 100,863,340

$ 2,034,783 $ 1,198,400 $ 1,448,370 $ 499,940

$ - $ - $ - $ -

$ 5,383,889 $ 7,178,519 $ 9,222,838 $ 11,267,157

$ - $ - $ - $ -

$ 7,418,672 $ 8,376,919 $ 10,671,207 $ 11,767,096

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 61,548,279 $ 64,547,874 $ 67,547,470 $ 70,964,403
$ 2,999,595 $ 2,999,595 $ 3,416,933 $ 3,416,933
$ 7,171,986 $ 7,505,274 $ 7,884,934 $ 8,264,593

$ 79,219,860 $ 82,552,744 $ 86,349,336 $ 90,145,929

$ 86,638,533 $ 90,929,663 $ 97,020,544 $ 101,913,025

$ (704,917) $ (769,000) $ (909,343) $ (1,049,685)

$ (64,083) $ (64,083) $ (140,342)
 27 28 29 30

$ 100,269,748 $ 106,047,779 $ 111,825,810 $ 117,031,391

$ 4,606,630 $ 4,799,971 $ 4,993,313 $ 5,186,654

$ 104,876,379 $ 110,847,751 $ 116,819,123 $ 122,218,045

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 562,500 $ 583,333 $ 604,167 $ 625,000

$ 1,937,500 $ 1,916,667 $ 1,895,833 $ 1,875,000

$ 106,813,879 $ 112,764,417 $ 118,714,956 $ 124,093,045

$ 749,910 $ 999,879 $ 1,249,849 $ 927,369

$ - $ - $ - $ -

$ 13,311,476 $ 15,355,795 $ 17,400,114 $ 19,444,432

$ - $ - $ - $ -

$ 14,061,385 $ 16,355,674 $ 18,649,963 $ 20,371,801

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 74,381,336 $ 77,798,269 $ 81,215,202 $ 84,632,135
$ 3,416,933 $ 3,416,933 $ 3,416,933 $ 3,416,933
$ 8,644,252 $ 9,023,911 $ 9,403,571 $ 9,783,230

$ 93,942,521 $ 97,739,113 $ 101,535,706 $ 105,332,298

$ 108,003,906 $ 114,094,787 $ 120,185,669 $ 125,704,100

$ (1,190,028) $ (1,330,370) $ (1,470,713) $ (1,611,055)

 31 32 33 34

$ 122,809,422 $ 105,054,383 $ 110,832,414 $ 116,610,444

$ 5,379,995 $ 5,573,336 $ 5,766,677 $ 5,960,018

$ 128,189,417 $ 110,627,718 $ 116,599,090 $ 122,570,462

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 645,833 $ 666,667 $ 687,500 $ 708,333

$ 1,854,167 $ 1,833,333 $ 1,812,500 $ 1,791,667

$ 130,043,583 $ 112,461,052 $ 118,411,590 $ 124,362,129

$ 1,177,339 $ 1,427,309 $ 1,677,279 $ 1,927,248

$ - $ - $ - $ -

$ 21,488,751 $ - $ 2,044,319 $ 4,088,638

$ - $ - $ - $ -

$ 22,666,090 $ 1,427,309 $ 3,721,597 $ 6,015,886

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 88,049,068 $ 91,466,002 $ 94,882,935 $ 98,299,868
$ 3,416,933 $ 3,416,933 $ 3,416,933 $ 3,416,933
$ 10,162,889 $ 10,542,548 $ 10,922,208 $ 11,301,867

$ 109,128,891 $ 112,925,483 $ 116,722,075 $ 120,518,668

$ 131,794,981 $ 114,352,792 $ 120,443,673 $ 126,534,554

$ (1,751,398) $ (1,891,740) $ (2,032,083) $ (2,172,425)

 35 36 37 38

$ 122,388,475 $ 127,021,606 $ 133,511,273 $ 138,718,652

$ 6,153,359 $ 6,346,700 $ 6,559,375 $ 6,772,050

$ 128,541,834 $ 133,368,306 $ 140,070,648 $ 145,490,702

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 729,167 $ 750,000 $ 770,833 $ 791,667

$ 1,770,833 $ 1,750,000 $ 1,729,167 $ 1,708,333

$ 130,312,668 $ 135,118,306 $ 141,799,815 $ 147,199,035

$ 2,177,218 $ 1,282,288 $ 1,549,756 $ 534,935

$ - $ - $ - $ -

$ 6,132,957 $ 8,177,276 $ 10,502,884 $ 12,828,491

$ - $ - $ - $ -

$ 8,310,175 $ 9,459,564 $ 12,052,639 $ 13,363,427

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 101,716,801 $ 105,133,734 $ 108,550,667 $ 112,437,754
$ 3,416,933 $ 3,416,933 $ 3,887,087 $ 3,887,087
$ 11,681,526 $ 12,061,185 $ 12,493,084 $ 12,924,982

$ 124,315,260 $ 128,111,852 $ 132,430,838 $ 136,749,824

$ 132,625,435 $ 137,571,416 $ 144,483,477 $ 150,113,251

$ (2,312,767) $ (2,453,110) $ (2,683,663) $ (2,914,215)

 39 40 41 42

$ 145,208,318 $ 151,697,985 $ 158,187,652 $ 164,064,797

$ 6,984,725 $ 7,197,401 $ 7,410,076 $ 7,622,751

$ 152,193,044 $ 158,895,386 $ 165,597,728 $ 171,687,548

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 812,500 $ 833,333 $ 854,167 $ 875,000

$ 1,687,500 $ 1,666,667 $ 1,645,833 $ 1,625,000

$ 153,880,544 $ 160,562,052 $ 167,243,561 $ 173,312,548

$ 802,403 $ 1,069,871 $ 1,337,339 $ 992,285

$ - $ - $ - $ -

$ 15,154,099 $ 17,479,707 $ 19,805,314 $ 22,130,922

$ - $ - $ - $ -

$ 15,956,502 $ 18,549,578 $ 21,142,653 $ 23,123,207

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 116,324,841 $ 120,211,929 $ 124,099,016 $ 127,986,103
$ 3,887,087 $ 3,887,087 $ 3,887,087 $ 3,887,087
$ 13,356,881 $ 13,788,780 $ 14,220,678 $ 14,652,577

$ 141,068,810 $ 145,387,795 $ 149,706,781 $ 154,025,767

$ 157,025,312 $ 163,937,373 $ 170,849,434 $ 177,148,974

$ (3,144,768) $ (3,375,320) $ (3,605,873) $ (3,836,426)

 43 44 45 46

$ 170,554,464 $ 150,261,993 $ 156,751,660 $ 163,241,327

$ 7,835,426 $ 8,048,101 $ 8,260,776 $ 8,473,452

$ 178,389,890 $ 158,310,094 $ 165,012,436 $ 171,714,778

$ 2,500,000 $ 2,500,000 $ 2,500,000 $ 2,500,000

$ 895,833 $ 916,667 $ 937,500 $ 958,333

$ 1,604,167 $ 1,583,333 $ 1,562,500 $ 1,541,667

$ 179,994,057 $ 159,893,428 $ 166,574,936 $ 173,256,445

$ 1,259,753 $ 1,527,220 $ 1,794,688 $ 2,062,156

$ - $ - $ - $ -

$ 24,456,530 $ - $ 2,325,608 $ 4,651,215

$ - $ - $ - $ -

$ 25,716,282 $ 1,527,220 $ 4,120,296 $ 6,713,371

$ 7,500,000 $ 7,500,000 $ 7,500,000 $ 7,500,000

$ 131,873,190 $ 135,760,277 $ 139,647,364 $ 143,534,452
$ 3,887,087 $ 3,887,087 $ 3,887,087 $ 3,887,087
$ 15,084,475 $ 15,516,374 $ 15,948,272 $ 16,380,171

$ 158,344,753 $ 162,663,738 $ 166,982,724 $ 171,301,710

$ 184,061,035 $ 164,190,959 $ 171,103,020 $ 178,015,081

$ (4,066,978) $ (4,297,531) $ (4,528,083) $ (4,758,636)

 47 48

$ 169,730,993 $ 174,995,617

$ 8,686,127 $ 8,898,802
$ 178,417,120 $ 183,894,419

$ 2,500,000 $ 2,500,000
$ 979,167 $ 1,000,000

$ 1,520,833 $ 1,500,000
$ 179,937,953 $ 185,394,419

$ 2,329,623 $ 1,372,048
$ - $ -

$ 6,976,823 $ 9,302,431
$ - $ -

$ 9,306,447 $ 10,674,479

$ 7,500,000 $ 7,500,000
$ 147,421,539 $ 151,308,626
$ 3,887,087 $ 3,887,087
$ 16,812,070 $ 17,243,968

$ 175,620,695 $ 179,939,681
$ 184,927,142 $ 190,614,160

$ (4,989,189) $ (5,219,741)
 INGRESOS
(+) Ventas 1 2 3
(=) TOTAL INGRESOS OPERACIONALES $ 11,800,000 $ 11,800,000 $ 11,800,000
(+) Ingresos no Operacionales
(+) Ingresos Financieros
(=) TOTAL INGRESOS $ 11,800,000 $ 11,800,000 $ 11,800,000

COSTOS Y GASTOS
(-) Costo de Ventas $ 5,326,200 $ 5,326,200 $ 5,326,200
(-) Gastos de Nómina $ 1,000,000 $ 1,000,000 $ 1,000,000
(-) Prestaciones Sociales $ 218,333 $ 218,333 $ 218,333
(-) Parafiscales y aportes $ 281,667 $ 281,667 $ 281,667
(-) Arriendos $ 250,000 $ 250,000 $ 250,000
(-) Propaganda $ 41,667 $ 41,667 $ 41,667
(-) Servicios Generales $ 166,667 $ 166,667 $ 166,667
Impuestos
(-) Depreciacion $ 20,833 $ 20,833 $ 20,833
(-) Gastos Financieros $ - $ -
(=) TOTAL GASTOS $ 7,305,367 $ 7,305,367 $ 7,305,367

Utilidad Antes de Impuestos $ 4,494,633 $ 4,494,633 $ 4,494,633

(-) Impuesto a la Renta $ 1,573,122 $ 1,573,122 $ 1,573,122

(=) RESULTADOS PRESENTE EJERCICIO $ 2,921,512 $ 2,921,512 $ 2,921,512

reserva $ 292,151 $ 292,151 $ 292,151

 4 5 6 7 8
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000

$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000

$ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200

$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333
$ 281,667 $ 281,667 $ 281,667 $ 281,667 $ 281,667
$ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 250,000
$ 41,667 $ 41,667 $ 41,667 $ 41,667 $ 41,667
$ 166,667 $ 166,667 $ 166,667 $ 166,667 $ 166,667

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 7,305,367 $ 7,305,367 $ 7,305,367 $ 7,305,367 $ 7,305,367

$ 4,494,633 $ 4,494,633 $ 4,494,633 $ 4,494,633 $ 4,494,633

$ 1,573,122 $ 1,573,122 $ 1,573,122 $ 1,573,122 $ 1,573,122

$ 2,921,512 $ 2,921,512 $ 2,921,512 $ 2,921,512 $ 2,921,512

$ 292,151 $ 292,151 $ 292,151 $ 292,151 $ 292,151

 9 10 11 12 13
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 13,098,000

$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 13,098,000

$ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,858,820

$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,070,000
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 233,617
$ 281,667 $ 281,667 $ 281,667 $ 281,667 $ 301,383
$ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 265,000
$ 41,667 $ 41,667 $ 41,667 $ 41,667 $ 44,167
$ 166,667 $ 166,667 $ 166,667 $ 166,667 $ 176,667

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 7,305,367 $ 7,305,367 $ 7,305,367 $ 7,305,367 $ 7,970,487

$ 4,494,633 $ 4,494,633 $ 4,494,633 $ 4,494,633 $ 5,127,513

$ 1,573,122 $ 1,573,122 $ 1,573,122 $ 1,573,122 $ 1,794,630

$ 2,921,512 $ 2,921,512 $ 2,921,512 $ 2,921,512 $ 3,332,884

$ 292,151 $ 292,151 $ 292,151 $ 292,151 $ 333,288

$ 1,298,000
$ -
$ -
$ 1,298,000
$ -
$ -
$ 532,620
$ 70,000
$ 15,283
$ 19,717
$ 15,000
$ 2,500
$ 10,000
$ -
$ -
$ -
$ 665,120
$ -
$ 632,880
$ -
$ 221,508
$ -
$ 411,372
$ -
$ 41,137
 14 15 16 17 18
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820

$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000
$ 233,617 $ 233,617 $ 233,617 $ 233,617 $ 233,617
$ 301,383 $ 301,383 $ 301,383 $ 301,383 $ 301,383
$ 265,000 $ 265,000 $ 265,000 $ 265,000 $ 265,000
$ 44,167 $ 44,167 $ 44,167 $ 44,167 $ 44,167
$ 176,667 $ 176,667 $ 176,667 $ 176,667 $ 176,667

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 7,970,487 $ 7,970,487 $ 7,970,487 $ 7,970,487 $ 7,970,487

$ 5,127,513 $ 5,127,513 $ 5,127,513 $ 5,127,513 $ 5,127,513

$ 1,794,630 $ 1,794,630 $ 1,794,630 $ 1,794,630 $ 1,794,630

$ 3,332,884 $ 3,332,884 $ 3,332,884 $ 3,332,884 $ 3,332,884

$ 333,288 $ 333,288 $ 333,288 $ 333,288 $ 333,288

 19 20 21 22 23
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820

$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000
$ 233,617 $ 233,617 $ 233,617 $ 233,617 $ 233,617
$ 301,383 $ 301,383 $ 301,383 $ 301,383 $ 301,383
$ 265,000 $ 265,000 $ 265,000 $ 265,000 $ 265,000
$ 44,167 $ 44,167 $ 44,167 $ 44,167 $ 44,167
$ 176,667 $ 176,667 $ 176,667 $ 176,667 $ 176,667

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 7,970,487 $ 7,970,487 $ 7,970,487 $ 7,970,487 $ 7,970,487

$ 5,127,513 $ 5,127,513 $ 5,127,513 $ 5,127,513 $ 5,127,513

$ 1,794,630 $ 1,794,630 $ 1,794,630 $ 1,794,630 $ 1,794,630

$ 3,332,884 $ 3,332,884 $ 3,332,884 $ 3,332,884 $ 3,332,884

$ 333,288 $ 333,288 $ 333,288 $ 333,288 $ 333,288

 24 25 26 27 28
$ 13,098,000 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 13,098,000 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 5,858,820 $ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702

$ 1,070,000 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900
$ 233,617 $ 249,970 $ 249,970 $ 249,970 $ 249,970
$ 301,383 $ 322,480 $ 322,480 $ 322,480 $ 322,480
$ 265,000 $ 280,900 $ 280,900 $ 280,900 $ 280,900
$ 44,167 $ 46,817 $ 46,817 $ 46,817 $ 46,817
$ 176,667 $ 187,267 $ 187,267 $ 187,267 $ 187,267

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 7,970,487 $ 8,697,869 $ 8,697,869 $ 8,697,869 $ 8,697,869

$ 5,127,513 $ 5,840,911 $ 5,840,911 $ 5,840,911 $ 5,840,911

$ 1,794,630 $ 2,044,319 $ 2,044,319 $ 2,044,319 $ 2,044,319

$ 3,332,884 $ 3,796,592 $ 3,796,592 $ 3,796,592 $ 3,796,592

$ 333,288 $ 379,659 $ 379,659 $ 379,659 $ 379,659

 29 30 31 32 33
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702

$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900
$ 249,970 $ 249,970 $ 249,970 $ 249,970 $ 249,970
$ 322,480 $ 322,480 $ 322,480 $ 322,480 $ 322,480
$ 280,900 $ 280,900 $ 280,900 $ 280,900 $ 280,900
$ 46,817 $ 46,817 $ 46,817 $ 46,817 $ 46,817
$ 187,267 $ 187,267 $ 187,267 $ 187,267 $ 187,267

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 8,697,869 $ 8,697,869 $ 8,697,869 $ 8,697,869 $ 8,697,869

$ 5,840,911 $ 5,840,911 $ 5,840,911 $ 5,840,911 $ 5,840,911

$ 2,044,319 $ 2,044,319 $ 2,044,319 $ 2,044,319 $ 2,044,319

$ 3,796,592 $ 3,796,592 $ 3,796,592 $ 3,796,592 $ 3,796,592

$ 379,659 $ 379,659 $ 379,659 $ 379,659 $ 379,659

 34 35 36 37 38
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 16,138,046 $ 16,138,046

$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 16,138,046 $ 16,138,046

$ 6,444,702 $ 6,444,702 $ 6,444,702 $ 7,089,172 $ 7,089,172

$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,225,043 $ 1,225,043
$ 249,970 $ 249,970 $ 249,970 $ 267,468 $ 267,468
$ 322,480 $ 322,480 $ 322,480 $ 345,054 $ 345,054
$ 280,900 $ 280,900 $ 280,900 $ 297,754 $ 297,754
$ 46,817 $ 46,817 $ 46,817 $ 49,626 $ 49,626
$ 187,267 $ 187,267 $ 187,267 $ 198,503 $ 198,503

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 8,697,869 $ 8,697,869 $ 8,697,869 $ 9,493,452 $ 9,493,452

$ 5,840,911 $ 5,840,911 $ 5,840,911 $ 6,644,593 $ 6,644,593

$ 2,044,319 $ 2,044,319 $ 2,044,319 $ 2,325,608 $ 2,325,608

$ 3,796,592 $ 3,796,592 $ 3,796,592 $ 4,318,986 $ 4,318,986

$ 379,659 $ 379,659 $ 379,659 $ 431,899 $ 431,899

 39 40 41 42 43
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172

$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043
$ 267,468 $ 267,468 $ 267,468 $ 267,468 $ 267,468
$ 345,054 $ 345,054 $ 345,054 $ 345,054 $ 345,054
$ 297,754 $ 297,754 $ 297,754 $ 297,754 $ 297,754
$ 49,626 $ 49,626 $ 49,626 $ 49,626 $ 49,626
$ 198,503 $ 198,503 $ 198,503 $ 198,503 $ 198,503

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 9,493,452 $ 9,493,452 $ 9,493,452 $ 9,493,452 $ 9,493,452

$ 6,644,593 $ 6,644,593 $ 6,644,593 $ 6,644,593 $ 6,644,593

$ 2,325,608 $ 2,325,608 $ 2,325,608 $ 2,325,608 $ 2,325,608

$ 4,318,986 $ 4,318,986 $ 4,318,986 $ 4,318,986 $ 4,318,986

$ 431,899 $ 431,899 $ 431,899 $ 431,899 $ 431,899

 44 45 46 47 48
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172

$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043
$ 267,468 $ 267,468 $ 267,468 $ 267,468 $ 267,468
$ 345,054 $ 345,054 $ 345,054 $ 345,054 $ 345,054
$ 297,754 $ 297,754 $ 297,754 $ 297,754 $ 297,754
$ 49,626 $ 49,626 $ 49,626 $ 49,626 $ 49,626
$ 198,503 $ 198,503 $ 198,503 $ 198,503 $ 198,503

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ - $ - $ - $ - $ -
$ 9,493,452 $ 9,493,452 $ 9,493,452 $ 9,493,452 $ 9,493,452

$ 6,644,593 $ 6,644,593 $ 6,644,593 $ 6,644,593 $ 6,644,593

$ 2,325,608 $ 2,325,608 $ 2,325,608 $ 2,325,608 $ 2,325,608

$ 4,318,986 $ 4,318,986 $ 4,318,986 $ 4,318,986 $ 4,318,986

$ 431,899 $ 431,899 $ 431,899 $ 431,899 $ 431,899

 INGRESOS $ 1 $ 2 $ 3
(+) Saldo Inicial $ 5,000,000 $ 9,574,014 $ 14,148,028
(+) Ventas $ 11,800,000 $ 11,800,000 $ 11,800,000
(+) Ingresos no Operacionales $ - $ -
(+) Ingresos Financieros $ - $ -
(+) Prestamos Bancarios $ - $ - $ -
(=) TOTAL INGRESOS $ 16,800,000 $ 21,374,014 $ 25,948,028
$ - $ -
(-) Compras $ 5,485,986 $ 5,485,986 $ 5,485,986
(-) Gastos de Nómina $ 1,000,000 $ 1,000,000 $ 1,000,000
(-) Prestaciones Sociales $ - $ - $ -
(-) Parafiscales y aportes $ 281,667 $ 281,667 $ 281,667
(-) Arriendos $ 250,000 $ 250,000 $ 250,000
(-) Propaganda $ 41,667 $ 41,667 $ 41,667
Impuestos
(-) Servicios Generales $ 166,667 $ 166,667 $ 166,667
(-) Amortizaciones $ - $ -
(-) Gastos Financieros $ - $ -
(=) TOTAL GASTOS $ 7,225,986 $ 7,225,986 $ 7,225,986
$ - $ -
(=) FLUJO DISPONIBLE $ 9,574,014 $ 14,148,028 $ 18,722,042

$ 4,574,014 $ 4,574,014 $ 4,574,014

$ 4 $ 5 $ 6 $ 7
$ 18,722,042 $ 23,296,056 $ 27,870,070 $ 31,944,084
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000
$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -
$ 30,522,042 $ 35,096,056 $ 39,670,070 $ 43,744,084
$ - $ - $ - $ -
$ 5,485,986 $ 5,485,986 $ 5,485,986 $ 5,485,986
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000
$ - $ - $ 500,000 $ -
$ 281,667 $ 281,667 $ 281,667 $ 281,667
$ 250,000 $ 250,000 $ 250,000 $ 250,000
$ 41,667 $ 41,667 $ 41,667 $ 41,667

$ 166,667 $ 166,667 $ 166,667 $ 166,667

$ - $ - $ - $ -
$ - $ - $ - $ -
$ 7,225,986 $ 7,225,986 $ 7,725,986 $ 7,225,986
$ - $ - $ - $ -
$ 23,296,056 $ 27,870,070 $ 31,944,084 $ 36,518,098

$ 4,574,014 $ 4,574,014 $ 4,074,014 $ 4,574,014

$ 8 $ 9 $ 10 $ 11 $ 12
$ 36,518,098 $ 28,507,139 $ 33,081,153 $ 37,655,167 $ 42,229,181
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 48,318,098 $ 40,307,139 $ 44,881,153 $ 49,455,167 $ 54,029,181
$ - $ - $ - $ - $ -
$ 5,485,986 $ 5,485,986 $ 5,485,986 $ 5,485,986 $ 5,485,986
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000
$ - $ - $ - $ - $ 1,000,000
$ 281,667 $ 281,667 $ 281,667 $ 281,667 $ 281,667
$ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 250,000
$ 41,667 $ 41,667 $ 41,667 $ 41,667 $ 41,667
$ 12,584,973
$ 166,667 $ 166,667 $ 166,667 $ 166,667 $ 166,667
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 19,810,959 $ 7,225,986 $ 7,225,986 $ 7,225,986 $ 8,225,986
$ - $ - $ - $ - $ -
$ 28,507,139 $ 33,081,153 $ 37,655,167 $ 42,229,181 $ 45,803,195

$ (8,010,959) $ 4,574,014 $ 4,574,014 $ 4,574,014 $ 3,574,014

$ 13 $ 14 $ 15 $ 16
$ 45,803,195 $ 50,945,310 $ 54,967,425 $ 60,109,541
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 58,901,195 $ 64,043,310 $ 68,065,425 $ 73,207,541

$ 6,034,585 $ 6,034,585 $ 6,034,585 $ 6,034,585

$ 1,120,000 $ 1,120,000 $ 1,120,000 $ 1,120,000
$ 1,120,000 $ - $ -
$ 315,467 $ 315,467 $ 315,467 $ 315,467
$ 265,000 $ 265,000 $ 265,000 $ 265,000
$ 44,167 $ 44,167 $ 44,167 $ 44,167
$ - $ - $ - $ -
$ 176,667 $ 176,667 $ 176,667 $ 176,667
$ - $ - $ -
$ - $ - $ - $ -
$ 7,955,885 $ 9,075,885 $ 7,955,885 $ 7,955,885
$ - $ - $ - $ -
$ 50,945,310 $ 54,967,425 $ 60,109,541 $ 65,251,656

$ 5,142,115 $ 4,022,115 $ 5,142,115 $ 5,142,115

$ 3,574,014
$ 1,298,000
$ -
$ -
$ -
$ 4,872,014
$ -
$ 548,599
$ 120,000
$ (1,000,000)
$ 33,800
$ 15,000
$ 2,500
$ -
$ 10,000
$ -
$ -
$ (270,101)
$ -
$ 5,142,115
$ 17 $ 18 $ 19 $ 20
$ 65,251,656 $ 70,393,772 $ 75,000,887 $ 80,143,002
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 78,349,656 $ 83,491,772 $ 88,098,887 $ 93,241,002

$ 6,034,585 $ 6,034,585 $ 6,034,585 $ 6,034,585

$ 1,120,000 $ 1,120,000 $ 1,120,000 $ 1,120,000
$ - $ 535,000 $ - $ -
$ 315,467 $ 315,467 $ 315,467 $ 315,467
$ 265,000 $ 265,000 $ 265,000 $ 265,000
$ 44,167 $ 44,167 $ 44,167 $ 44,167
$ - $ - $ - $ 20,649,524
$ 176,667 $ 176,667 $ 176,667 $ 176,667
$ -
$ - $ - $ - $ -
$ 7,955,885 $ 8,490,885 $ 7,955,885 $ 28,605,409
$ - $ - $ - $ -
$ 70,393,772 $ 75,000,887 $ 80,143,002 $ 64,635,594

$ 5,142,115 $ 4,607,115 $ 5,142,115 $ (15,507,409)

$ 21 $ 22 $ 23 $ 24
$ 64,635,594 $ 69,777,709 $ 74,919,825 $ 80,061,940
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 77,733,594 $ 82,875,709 $ 88,017,825 $ 93,159,940

$ 6,034,585 $ 6,034,585 $ 6,034,585 $ 6,034,585

$ 1,120,000 $ 1,120,000 $ 1,120,000 $ 1,120,000
$ - $ - $ - $ 1,070,000
$ 315,467 $ 315,467 $ 315,467 $ 315,467
$ 265,000 $ 265,000 $ 265,000 $ 265,000
$ 44,167 $ 44,167 $ 44,167 $ 44,167

$ 176,667 $ 176,667 $ 176,667 $ 176,667

$ - $ -
$ - $ - $ - $ -
$ 7,955,885 $ 7,955,885 $ 7,955,885 $ 9,025,885
$ - $ - $ - $ -
$ 69,777,709 $ 74,919,825 $ 80,061,940 $ 84,134,055

$ 5,142,115 $ 5,142,115 $ 5,142,115 $ 4,072,115

$ 25 $ 26 $ 27 $ 28
$ 84,134,055 $ 89,912,086 $ 94,491,717 $ 100,269,748
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 98,672,835 $ 104,450,866 $ 109,030,497 $ 114,808,528

$ 6,638,043 $ 6,638,043 $ 6,638,043 $ 6,638,043

$ 1,254,400 $ 1,254,400 $ 1,254,400 $ 1,254,400
$ 1,198,400 $ - $ -
$ 353,323 $ 353,323 $ 353,323 $ 353,323
$ 280,900 $ 280,900 $ 280,900 $ 280,900
$ 46,817 $ 46,817 $ 46,817 $ 46,817
$ - $ - $ - $ -
$ 187,267 $ 187,267 $ 187,267 $ 187,267
$ -
$ - $ - $ - $ -
$ 8,760,749 $ 9,959,149 $ 8,760,749 $ 8,760,749
$ - $ - $ - $ -
$ 89,912,086 $ 94,491,717 $ 100,269,748 $ 106,047,779

$ 5,778,031 $ 4,579,631 $ 5,778,031 $ 5,778,031

$ 29 $ 30 $ 31 $ 32
$ 106,047,779 $ 111,825,810 $ 117,031,391 $ 122,809,422
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 120,586,559 $ 126,364,590 $ 131,570,171 $ 137,348,202

$ 6,638,043 $ 6,638,043 $ 6,638,043 $ 6,638,043

$ 1,254,400 $ 1,254,400 $ 1,254,400 $ 1,254,400
$ - $ 572,450 $ - $ -
$ 353,323 $ 353,323 $ 353,323 $ 353,323
$ 280,900 $ 280,900 $ 280,900 $ 280,900
$ 46,817 $ 46,817 $ 46,817 $ 46,817
$ - $ - $ - $ 23,533,070
$ 187,267 $ 187,267 $ 187,267 $ 187,267
$ -
$ - $ - $ - $ -
$ 8,760,749 $ 9,333,199 $ 8,760,749 $ 32,293,819
$ - $ - $ - $ -
$ 111,825,810 $ 117,031,391 $ 122,809,422 $ 105,054,383

$ 5,778,031 $ 5,205,581 $ 5,778,031 $ (17,755,039)

$ 33 $ 34 $ 35 $ 36
$ 105,054,383 $ 110,832,414 $ 116,610,444 $ 122,388,475
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 119,593,163 $ 125,371,194 $ 131,149,224 $ 136,927,255

$ 6,638,043 $ 6,638,043 $ 6,638,043 $ 6,638,043

$ 1,254,400 $ 1,254,400 $ 1,254,400 $ 1,254,400
$ - $ - $ - $ 1,144,900
$ 353,323 $ 353,323 $ 353,323 $ 353,323
$ 280,900 $ 280,900 $ 280,900 $ 280,900
$ 46,817 $ 46,817 $ 46,817 $ 46,817

$ 187,267 $ 187,267 $ 187,267 $ 187,267

$ - $ -
$ - $ - $ - $ -
$ 8,760,749 $ 8,760,749 $ 8,760,749 $ 9,905,649
$ - $ - $ - $ -
$ 110,832,414 $ 116,610,444 $ 122,388,475 $ 127,021,606

$ 5,778,031 $ 5,778,031 $ 5,778,031 $ 4,633,131

$ 37 $ 38 $ 39 $ 40
$ 127,021,606 $ 133,511,273 $ 138,718,652 $ 145,208,318
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 143,159,652 $ 149,649,319 $ 154,856,698 $ 161,346,364

$ 7,301,847 $ 7,301,847 $ 7,301,847 $ 7,301,847

$ 1,404,928 $ 1,404,928 $ 1,404,928 $ 1,404,928
$ 1,282,288 $ - $ -
$ 395,721 $ 395,721 $ 395,721 $ 395,721
$ 297,754 $ 297,754 $ 297,754 $ 297,754
$ 49,626 $ 49,626 $ 49,626 $ 49,626
$ - $ - $ - $ -
$ 198,503 $ 198,503 $ 198,503 $ 198,503

$ - $ - $ - $ -
$ 9,648,379 $ 10,930,667 $ 9,648,379 $ 9,648,379
$ - $ - $ - $ -
$ 133,511,273 $ 138,718,652 $ 145,208,318 $ 151,697,985

$ 6,489,667 $ 5,207,379 $ 6,489,667 $ 6,489,667

$ 41 $ 42 $ 43 $ 44
$ 151,697,985 $ 158,187,652 $ 164,064,797 $ 170,554,464
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 167,836,031 $ 174,325,698 $ 180,202,843 $ 186,692,510

$ 7,301,847 $ 7,301,847 $ 7,301,847 $ 7,301,847

$ 1,404,928 $ 1,404,928 $ 1,404,928 $ 1,404,928
$ - $ 612,522 $ - $ -
$ 395,721 $ 395,721 $ 395,721 $ 395,721
$ 297,754 $ 297,754 $ 297,754 $ 297,754
$ 49,626 $ 49,626 $ 49,626 $ 49,626
$ - $ - $ - $ 26,782,137
$ 198,503 $ 198,503 $ 198,503 $ 198,503

$ - $ - $ - $ -
$ 9,648,379 $ 10,260,901 $ 9,648,379 $ 36,430,517
$ - $ - $ - $ -
$ 158,187,652 $ 164,064,797 $ 170,554,464 $ 150,261,993

$ 6,489,667 $ 5,877,145 $ 6,489,667 $ (20,292,471)

$ 45 $ 46 $ 47 $ 48
$ 150,261,993 $ 156,751,660 $ 163,241,327 $ 169,730,993
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 166,400,039 $ 172,889,706 $ 179,379,372 $ 185,869,039

$ 7,301,847 $ 7,301,847 $ 7,301,847 $ 7,301,847

$ 1,404,928 $ 1,404,928 $ 1,404,928 $ 1,404,928
$ - $ - $ - $ 1,225,043
$ 395,721 $ 395,721 $ 395,721 $ 395,721
$ 297,754 $ 297,754 $ 297,754 $ 297,754
$ 49,626 $ 49,626 $ 49,626 $ 49,626

$ 198,503 $ 198,503 $ 198,503 $ 198,503

$ - $ - $ - $ -
$ 9,648,379 $ 9,648,379 $ 9,648,379 $ 10,873,422
$ - $ - $ - $ -
$ 156,751,660 $ 163,241,327 $ 169,730,993 $ 174,995,617

$ 6,489,667 $ 6,489,667 $ 6,489,667 $ 5,264,624

- 7,500,000
365,830 365830 365830 365830 365830
365,830
365,830
365,830
365,830
- 134,170
365,830
365,830
365,830
365,830
365,830
- 634,170
471,113
- 648,887
471,113
471,113
471,113
- 63,887
471,113
471,113
471,113
471,113
471,113
- 598,887
593,308
- 605,092
593,308
593,308
593,308
20,858
593,308
593,308
593,308
593,308
593,308
- 551,592
734,724
- 547,564
734,724
734,724
734,724
122,202
 734,724
734,724
734,724
734,724
734,724
- 490,319

3%
$ 2,758,694.59 - 4,741,305
365830 -134170 365830 365830 365830 365830 365830 -634170
471113 -648887 471113 471113 471113 -63887 471113 471113
471113 471113 471113 -598887 593308.3 -605091.7 593308.3 593308.3
593308.3 20858.3 593308.3 593308.3 593308.3 593308.3 593308.3 -551591.7
734723.61 -547564.39 734723.61 734723.61 734723.61 122202.11 734723.61 734723.61
734723.61 734723.61 734723.61 -490319.39
Prima 0.08333
Vacaciones 0.04167
cesantias 0.08333
interes 0.01000

1 2 3
Gerente 1 $ 1,000,000 $ 1,000,000 $ 1,000,000
Administrador 0 $ - $ - $ -
Vendedor 0 $ - $ - $ -
Total $ 1,000,000 $ 1,000,000 $ 1,000,000

Prima $ 83,333 $ 83,333 $ 83,333

Vacaciones $ 41,667 $ 41,667 $ 41,667
cesantias $ 83,333 $ 83,333 $ 83,333
interes $ 10,000 $ 10,000 $ 10,000
total $ 218,333 $ 218,333 $ 218,333

Parafiscales $ 281,667 $ 281,667 $ 281,667

Costo
1 2 3
jabon $ 3,060,000 $ 3,060,000 $ 3,060,000
ceras $ 2,266,200 $ 2,266,200 $ 2,266,200
TOTAL COSTO DE VENTA $ 5,326,200 $ 5,326,200 $ 5,326,200
Inventarios $ 159,786 $ 159,786 $ 159,786

ventas
jabon $ 6,400,000 $ 6,400,000 $ 6,400,000
ceras $ 5,400,000 $ 5,400,000 $ 5,400,000
TOTAL INGRESOS $ 11,800,000 $ 11,800,000 $ 11,800,000

DEPRECIACIONES $ 20,833 $ 20,833 $ 20,833

jabon $ 36,720,000 $ 37,026,000 $ 37,332,000

ceras $ 27,194,400 $ 27,421,020 $ 27,647,640
TOTAL COSTO DE VENTA $ 297,000,000 $ 326,700,000 $ 359,370,000
Inventarios $ 99,000,000 $ 108,900,000 $ 119,790,000

$ 76,800,000 $ 102,297,600 $ 127,744,128

$ 64,800,000 $ 86,313,600 $ 107,784,108
$ 141,600,000 $ 188,611,200 $ 235,528,236
$ 110,160,000 $ 46,707,840 $ 55,699,099
$ 27,194,400 $ 34,591,277 $ 41,250,098
$ 137,354,400 $ 81,299,117 $ 96,949,197

$ 15,717,600 $ 19,627,353
$ 6,774,926 $ 8,079,100
$ 9,075,000 $ 9,982,500
$ 15,849,926 $ 18,061,600
 4 5 6 7 8
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000

$ 83,333 $ 83,333 $ 83,333 $ 83,333 $ 83,333

$ 41,667 $ 41,667 $ 41,667 $ 41,667 $ 41,667
$ 83,333 $ 83,333 $ 83,333 $ 83,333 $ 83,333
$ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 281,667 $ 281,667 $ 281,667 $ 281,667 $ 281,667

4 5 6 7 8
$ 3,060,000 $ 3,060,000 $ 3,060,000 $ 3,060,000 $ 3,060,000
$ 2,266,200 $ 2,266,200 $ 2,266,200 $ 2,266,200 $ 2,266,200
$ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200
$ 159,786 $ 159,786 $ 159,786 $ 159,786 $ 159,786

$ 6,400,000 $ 6,400,000 $ 6,400,000 $ 6,400,000 $ 6,400,000

$ 5,400,000 $ 5,400,000 $ 5,400,000 $ 5,400,000 $ 5,400,000
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

$ 37,638,000
$ 27,874,260
$ 395,307,000
$ 131,769,000

$ 157,551,091
$ 132,933,733
$ 290,484,824
$ 65,601,161
$ 48,583,448
$ 114,184,610

$ 24,207,069
$ 9,515,384
$ 10,980,750
$ 20,496,134
 9 10 11 12 13
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,070,000
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,070,000

$ 83,333 $ 83,333 $ 83,333 $ 83,333 $ 89,167

$ 41,667 $ 41,667 $ 41,667 $ 41,667 $ 44,583
$ 83,333 $ 83,333 $ 83,333 $ 83,333 $ 89,167
$ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,700
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 281,667 $ 281,667 $ 281,667 $ 281,667 $ 316,667

9 10 11 12 13
$ 3,060,000 $ 3,060,000 $ 3,060,000 $ 3,060,000 $ 3,366,000
$ 2,266,200 $ 2,266,200 $ 2,266,200 $ 2,266,200 $ 2,492,820
$ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,326,200 $ 5,858,820
$ 159,786 $ 159,786 $ 159,786 $ 159,786 $ 175,765

$ 6,400,000 $ 6,400,000 $ 6,400,000 $ 6,400,000 $ 7,104,000

$ 5,400,000 $ 5,400,000 $ 5,400,000 $ 5,400,000 $ 5,994,000
$ 11,800,000 $ 11,800,000 $ 11,800,000 $ 11,800,000 $ 13,098,000

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 14 15 16 17 18
$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000

$ 89,167 $ 89,167 $ 89,167 $ 89,167 $ 89,167

$ 44,583 $ 44,583 $ 44,583 $ 44,583 $ 44,583
$ 89,167 $ 89,167 $ 89,167 $ 89,167 $ 89,167
$ 10,700 $ 10,700 $ 10,700 $ 10,700 $ 10,700
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 316,667 $ 316,667 $ 316,667 $ 316,667 $ 316,667

14 15 16 17 18
$ 3,366,000 $ 3,366,000 $ 3,366,000 $ 3,366,000 $ 3,366,000
$ 2,492,820 $ 2,492,820 $ 2,492,820 $ 2,492,820 $ 2,492,820
$ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820
$ 175,765 $ 175,765 $ 175,765 $ 175,765 $ 175,765

$ 7,104,000 $ 7,104,000 $ 7,104,000 $ 7,104,000 $ 7,104,000

$ 5,994,000 $ 5,994,000 $ 5,994,000 $ 5,994,000 $ 5,994,000
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 19 20 21 22 23
$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000 $ 1,070,000

$ 89,167 $ 89,167 $ 89,167 $ 89,167 $ 89,167

$ 44,583 $ 44,583 $ 44,583 $ 44,583 $ 44,583
$ 89,167 $ 89,167 $ 89,167 $ 89,167 $ 89,167
$ 10,700 $ 10,700 $ 10,700 $ 10,700 $ 10,700
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 316,667 $ 316,667 $ 316,667 $ 316,667 $ 316,667

19 20 21 22 23
$ 3,366,000 $ 3,366,000 $ 3,366,000 $ 3,366,000 $ 3,366,000
$ 2,492,820 $ 2,492,820 $ 2,492,820 $ 2,492,820 $ 2,492,820
$ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820 $ 5,858,820
$ 175,765 $ 175,765 $ 175,765 $ 175,765 $ 175,765

$ 7,104,000 $ 7,104,000 $ 7,104,000 $ 7,104,000 $ 7,104,000

$ 5,994,000 $ 5,994,000 $ 5,994,000 $ 5,994,000 $ 5,994,000
$ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000 $ 13,098,000

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 24 25 26 27 28
$ 1,070,000 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,070,000 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900

$ 89,167 $ 95,408 $ 95,408 $ 95,408 $ 95,408

$ 44,583 $ 47,704 $ 47,704 $ 47,704 $ 47,704
$ 89,167 $ 95,408 $ 95,408 $ 95,408 $ 95,408
$ 10,700 $ 11,449 $ 11,449 $ 11,449 $ 11,449
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 316,667 $ 354,117 $ 354,117 $ 354,117 $ 354,117

10%
24 25 26 27 28
$ 3,366,000 $ 3,702,600 $ 3,702,600 $ 3,702,600 $ 3,702,600
$ 2,492,820 $ 2,742,102 $ 2,742,102 $ 2,742,102 $ 2,742,102
$ 5,858,820 $ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702
$ 175,765 $ 193,341 $ 193,341 $ 193,341 $ 193,341

$ 7,104,000 $ 7,885,440 $ 7,885,440 $ 7,885,440 $ 7,885,440

$ 5,994,000 $ 6,653,340 $ 6,653,340 $ 6,653,340 $ 6,653,340
$ 13,098,000 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 29 30 31 32 33
$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,144,900

$ 95,408 $ 95,408 $ 95,408 $ 95,408 $ 95,408

$ 47,704 $ 47,704 $ 47,704 $ 47,704 $ 47,704
$ 95,408 $ 95,408 $ 95,408 $ 95,408 $ 95,408
$ 11,449 $ 11,449 $ 11,449 $ 11,449 $ 11,449
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 354,117 $ 354,117 $ 354,117 $ 354,117 $ 354,117

29 30 31 32 33
$ 3,702,600 $ 3,702,600 $ 3,702,600 $ 3,702,600 $ 3,702,600
$ 2,742,102 $ 2,742,102 $ 2,742,102 $ 2,742,102 $ 2,742,102
$ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702 $ 6,444,702
$ 193,341 $ 193,341 $ 193,341 $ 193,341 $ 193,341

$ 7,885,440 $ 7,885,440 $ 7,885,440 $ 7,885,440 $ 7,885,440

$ 6,653,340 $ 6,653,340 $ 6,653,340 $ 6,653,340 $ 6,653,340
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780 $ 14,538,780

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 34 35 36 37 38
$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,225,043 $ 1,225,043
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,144,900 $ 1,144,900 $ 1,144,900 $ 1,225,043 $ 1,225,043

$ 95,408 $ 95,408 $ 95,408 $ 102,087 $ 102,087

$ 47,704 $ 47,704 $ 47,704 $ 51,043 $ 51,043
$ 95,408 $ 95,408 $ 95,408 $ 102,087 $ 102,087
$ 11,449 $ 11,449 $ 11,449 $ 12,250 $ 12,250
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 354,117 $ 354,117 $ 354,117 $ 394,188 $ 394,188

34 35 36 37 38
$ 3,702,600 $ 3,702,600 $ 3,702,600 $ 4,072,860 $ 4,072,860
$ 2,742,102 $ 2,742,102 $ 2,742,102 $ 3,016,312 $ 3,016,312
$ 6,444,702 $ 6,444,702 $ 6,444,702 $ 7,089,172 $ 7,089,172
$ 193,341 $ 193,341 $ 193,341 $ 212,675 $ 212,675

$ 7,885,440 $ 7,885,440 $ 7,885,440 $ 8,752,838 $ 8,752,838

$ 6,653,340 $ 6,653,340 $ 6,653,340 $ 7,385,207 $ 7,385,207
$ 14,538,780 $ 14,538,780 $ 14,538,780 $ 16,138,046 $ 16,138,046

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 39 40 41 42 43
$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043

$ 102,087 $ 102,087 $ 102,087 $ 102,087 $ 102,087

$ 51,043 $ 51,043 $ 51,043 $ 51,043 $ 51,043
$ 102,087 $ 102,087 $ 102,087 $ 102,087 $ 102,087
$ 12,250 $ 12,250 $ 12,250 $ 12,250 $ 12,250
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 394,188 $ 394,188 $ 394,188 $ 394,188 $ 394,188

39 40 41 42 43
$ 4,072,860 $ 4,072,860 $ 4,072,860 $ 4,072,860 $ 4,072,860
$ 3,016,312 $ 3,016,312 $ 3,016,312 $ 3,016,312 $ 3,016,312
$ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172
$ 212,675 $ 212,675 $ 212,675 $ 212,675 $ 212,675

$ 8,752,838 $ 8,752,838 $ 8,752,838 $ 8,752,838 $ 8,752,838

$ 7,385,207 $ 7,385,207 $ 7,385,207 $ 7,385,207 $ 7,385,207
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

 44 45 46 47 48
$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043 $ 1,225,043

$ 102,087 $ 102,087 $ 102,087 $ 102,087 $ 102,087

$ 51,043 $ 51,043 $ 51,043 $ 51,043 $ 51,043
$ 102,087 $ 102,087 $ 102,087 $ 102,087 $ 102,087
$ 12,250 $ 12,250 $ 12,250 $ 12,250 $ 12,250
$ 218,333 $ 218,333 $ 218,333 $ 218,333 $ 218,333

$ 394,188 $ 394,188 $ 394,188 $ 394,188 $ 394,188

44 45 46 47 48
$ 4,072,860 $ 4,072,860 $ 4,072,860 $ 4,072,860 $ 4,072,860
$ 3,016,312 $ 3,016,312 $ 3,016,312 $ 3,016,312 $ 3,016,312
$ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172 $ 7,089,172
$ 212,675 $ 212,675 $ 212,675 $ 212,675 $ 212,675

$ 8,752,838 $ 8,752,838 $ 8,752,838 $ 8,752,838 $ 8,752,838

$ 7,385,207 $ 7,385,207 $ 7,385,207 $ 7,385,207 $ 7,385,207
$ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046 $ 16,138,046

$ 20,833 $ 20,833 $ 20,833 $ 20,833 $ 20,833

CRÉDITO BANCOLOMBIA
Capital
Plazo 3 años
Período de gracia 1 año
Amortización Trimestral
Interés 18% anual
16.90% Nominal Trimestral
4.22% Periodica Trimestral

SALDO CUOTA INTERES

0 $ -
Año 1 1 $ - $ - $ -
Año 1 2 $ - $ - $ -
Año 1 3 $ - $ - $ -
Año 1 4 $ - $ - $ -
Año 2 5 $ - $ - $ -
Año 2 6 $ - $ - $ -
Año 2 7 $ - $ - $ -
Año 2 8 $ - $ - $ -
Año 3 9 $ - $ - $ -
Año 3 10 $ - $ - $ -
Año 3 11 $ - $ - $ -
Año 3 12 $ - $ - $ -

año 1 año 2 año 3 año 4

Intereses $ - $ - $ - $ -
Abonos de Capital $ - $ - $ -
ABONO

EN PERIODOS DE GRACIA DE CALCULA

$ - EL INTERES RESPECTIVO Y SE SUMA
$ - AL MONTO DE CAPITAL, ES DECIR
$ - PARA INICIO DEL PAGO 5 YA NO DEBE
70 MLLS SI NO 82,600
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -