FLUJO DE CAJA DEL INVERSIONISTA (con deuda vía préstamo)

0 1 2 3 4 5 6 7 8
Ingreso ### ### ### ### ### 147,083 ### ###
Venta activo 50,000
Costo Variable (30,000) (36,000) (37,800) (38,556) (39,327) (40,411) (40,916) (41,724)
Costos Fijos (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000)
Intereses (20,520) (18,659) (16,631) (14,421) (12,011) (9,385) (6,522) (3,401)
Dep. construcción (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000)
Dep. maquinaria (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000)
Valor libro (40,000)
Utilidad 14,480 30,341 36,569 53,395 57,861 72,287 67,587 72,901
Impuesto (2,462) (5,158) (6,217) (9,077) (9,838) (12,339) (11,490) (12,391)
Utilidad neta 12,018 25,183 30,352 44,318 48,023 59,948 56,097 60,510
Dep. construcción 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
Dep. maquinaria 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Valor libro 40,000
Terreno (80,000)
Construcción ###
Maquinaria ### ###
Capital de trabajo (25,000) (3,000) (900) (378) (386) (393) (401) (409) (417)
Préstamo 228,000
Amortización (20,674) (22,534) (24,562) (26,773) (29,183) (31,809) (34,672) (37,792)
Valor de desecho
Flujo ### 3,344 16,748 20,411 32,159 33,447 (17,262) 36,016 37,300

VAN al 9% 135,846
TIR 17.22%

FLUJO DE CAJA DEL INVERSIONISTA (con leasing)

0 1 2 3 4 5 6 7 8
Ingreso ### ### ### ### ### 147,083 ### ###
Venta activo 50,000
Costo Variable (30,000) (36,000) (37,800) (38,556) (39,327) (40,411) (40,916) (41,724)
Costos Fijos (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000) (20,000)
Leasing (45,000) (45,000) (45,000) (45,000) (45,000) (45,000) (45,000) (45,000)
Dep. construcción (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000)
Dep. maquinaria (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000) (10,000)
Valor libro (40,000)
Utilidad (10,000) 4,000 8,200 22,816 24,872 36,672 29,109 31,302
Impuesto 1,700 (680) (1,394) (3,879) (4,228) (6,285) (4,949) (5,320)
Utilidad neta (8,300) 3,320 6,806 18,937 20,644 30,387 24,160 25,982
Dep. construcción 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
Dep. maquinaria 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
Valor libro 40,000
Terreno (32,000)
Construcción (80,000)
Maquinaria (40,000) ###
Capital de trabajo (25,000) (3,000) (900) (378) (386) (393) (401) (409) (417)
Préstamo
Valor de desecho
Flujo ### 3,700 17,420 21,428 33,551 35,251 (15,014) 38,751 40,565

VAN al 9% 144,156
TIR 17.72%
mo) Tabla de amortización del préstamo
9 10 Período Saldo Inic Interés Amortz. Pago Deuda
### ### 0 228,000
1 228,000.00 20,520 20,674 41,194 207,326
(42,569) (43,420) 2 207,326.24 18,659 22,534 41,194 184,792
(20,000) (20,000) 3 184,791.85 16,631 24,562 41,194 160,229
4 160,229.35 14,421 26,773 41,194 133,456
(5,000) (5,000) 5 133,456.24 12,011 29,183 41,194 104,274
(10,000) (10,000) 6 104,273.54 9,385 31,809 41,194 72,464
7 72,464.40 6,522 34,672 41,194 37,792
78,517 80,788 8 37,792.44 3,401 37,792 41,194 0
(13,348) (13,734)
65,169 67,054
5,000 5,000
10,000 10,000

(426) 31,710

###
79,743 ###

9 10
### ###

(42,569) (43,420)
(20,000) (20,000)

(5,000) (5,000)
(10,000) (10,000)

78,517 80,788
(13,348) (13,734)
65,169 67,054
5,000 5,000
10,000 10,000
 (426) 31,710

###
79,743 ###