ESTUDO DE CASO - ALADAR

Sistema Atual
Vida Contbil
R$ 600,000.00
Vida til Restante
5 anos
Depreciao
R$ 120,000.00
V. Venda
R$ 265,000.00
IR
35%
Custo de Capital
12%

Sistema Novo
Hardware R$ 1,050,000.00
(+) Software
R$ 125,000.00
Custo
R$ 1,175,000.00
Vida til
5 anos
Depreciao
R$ 210,000.00
V. Revenda
R$ 145,000.00
Produtividade
R$ 340,000.00

R$ 800,000.00
R$ 600,000.00
R$ 400,000.00
R$ 200,000.00
R$ -R$ 200,000.00
-R$ 400,000.00

Hardware
Receita Venda
Software
Benefcio IR
Fluxo Ano 0

-R$ 1,050,000.00
R$
265,000.00
-R$
125,000.00
R$
161,000.00
-R$ 749,000.00

Depreciao
Sistema Novo
R$ 210,000.00
Sistema Antigo
R$ 120,000.00
Variao
R$ 90,000.00

Sistema Novo
Invest. Incial
Produtividade
Depreciao
Residual (Rev.)
LAIR
IR
Lucro Lquido
Depreciao
Fluxo Final

0
-R$ 749,000.00

1
R$ 340,000.00
-R$ 90,000.00

0
0
0
-R$ 749,000.00

R$ 250,000.00
-87500
162500
90000
R$ 252,500.00

0%

- ALADAR

00,000.00

00,000.00

00,000.00

00,000.00

TIR

R$ -

00,000.00

0%

10%

20%

30%

40%

50%

00,000.00

R$ 340,000.00
-R$ 90,000.00

R$ 340,000.00
-R$ 90,000.00

R$ 340,000.00
-R$ 90,000.00

R$ 340,000.00
-R$ 90,000.00
145000
R$ 395,000.00
-138250
256750
90000
R$ 346,750.00
R$ 214,685.97
22.5345%

R$ 250,000.00 R$ 250,000.00 R$ 250,000.00

-87500
-87500
-87500
162500
162500
162500
90000
90000
90000
R$ 252,500.00 R$ 252,500.00 R$ 252,500.00
VPL
TIR

Taxa
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%

VPL
R$
R$
R$
R$
R$
-R$
-R$
-R$
-R$
-R$

607,750.00
418,040.20
266,695.49
144,278.07
44,006.53
39,072.96
108,634.37
167,440.72
217,596.79
260,725.16