RUBROS

INGRESOS
Ventas del bien
Otros ingresos
TOTAL INGRESOS
COSTOS DE INVERSIN
Terrenos
Edificios Y contrucciones
Maquinarias y equipos de produccion
Muebles y equipos de oficina
Vehiculos de transporte
Capital de trabajo
Otros (estudios y gastos de pre-inversin)
TOTAL COSTOS DE INVERSIN
COSTO DE FABRICACIN
Mano de obra
Materia primas y suministros
Gastos indirectos de fabricacin
Otros gastos de fabricacion
COSTOS DE OPERACIN
Gastos de administracion
Gastos de ventas
Otros gastos de operacin
Amortizaciones
Gastos de liquidacin del proyecto
PAGOS NETOS DEL IGV (18%)
TOTAL COSTOS DE PRODUCCIN
INGRESOS - (COSTOS TOTALES)
IMPUESTOS (30%)
UTILIDAD NETA
DEPRECIACIONES
AMORTIZACIONES
FLUJO DE CAJA ECONOMICO
PRSTAMO
Intereses
Amortizacin

ETAPA PREOPERATIVA
0

ETAPA OPERATIVA
1
S/. 195,000
S/. 9,750
S/. 204,750

S/. 100,000
S/. 250,000
S/. 165,000
S/. 65,000
S/. 80,000
S/. 10,000
S/. 25,000
S/. 695,000

-S/. 695,000

-S/. 695,000

S/. 63,500
S/. 35,000
S/. 18,500
S/. 5,300
S/. 4,700
S/. 72,233
S/. 30,500
S/. 28,000
S/. 5,400
S/. 8,333
S/. 0
S/. 0
S/. 135,733
S/. 69,017
S/. 0
S/. 69,017
S/. 53,333
S/. 8,333
S/. 130,683

S/. 208,500
S/. 31,275

FLUJO DE CAJA FINANCIERO

-S/. 903,500
-S/. 486,500

VAN Economico
VAN Financiero

S/. -184,507
S/. -69,436

S/. 99,408

TIR Economico
TIR Financiero

10%
7%

ETAPA OPERATIVA
2

LIQUIDACIN
3

S/. 220,000
S/. 11,000
S/. 231,000

S/. 310,000
S/. 15,500
S/. 325,500

S/. 3,500

S/. 4,500

S/. 85,100
S/. 42,000
S/. 30,600
S/. 6,400
S/. 6,100
S/. 98,533
S/. 45,800
S/. 36,100
S/. 8,300
S/. 8,333
S/. 0
S/. 0
S/. 183,633
S/. 47,367
S/. 0
S/. 47,367
S/. 53,333
S/. 8,333
S/. 109,033

S/. 112,900
S/. 55,500
S/. 41,700
S/. 7,500
S/. 8,200
S/. 130,133
S/. 67,400
S/. 43,900
S/. 10,500
S/. 8,333
S/. 0
S/. 5,095
S/. 248,128
S/. 77,372
S/. 4,693
S/. 72,679
S/. 53,333
S/. 8,333
S/. 134,345

S/. 31,275
S/. 96,977

S/. 16,728
S/. 111,523

-S/. 19,218

S/. 6,094

S/. 18,000

-S/. 15,000

S/. 503,001

S/. 503,001

S/. 503,001

0
CLCULO DEL IGV
Ventas del IGV
Compras del IGV
.
.
SALDOS POR PAGAR
Descuentos

85424

35237
6742

49653
8931

26832
85424

28495

40721
30071

5095

250000
165000
65000
80000

69017
53333
10000
16500
10833
16000
31275
-15592

47367
53333
10000
16500
10833
16000
31275
-37242

77372
53333
10000
16500
10833
16000
16728
7310

-4678

-11173

2193

PAGO DE IMPUESTOS

DEPRECIACIONES
TERRENOS
INCREMENTOS C.T
CAPITAL DE TRABAJO
TOTAL

31233
4401

PAGOS EFECTIVOS

CLCULO DE IMPUESTO
TOTAL (I-C)
DEPRECIACIONES
Edificios
Maquinarias
Equipos de oficina
Vehiculos
INTERESES
MONTO IMPONIBLE

63000
10000
4000
5000
82000

FLUJO DE CAJA ECONOMI

-695000

130683

109033

637346

FLUJO DE CAJA FINANCI

-486500

99408

-19218

509095

TEA
COK

15%
30%

LIQUIDACIN
CONCEPTO
Edificios y obras civiles
Maquinaria y equipos
Muebles y equipos de oficina
Vehiculos

LIQUIDACIN

400000
220000
115500
32500
32000

0
0

Total ingresos
Ventas del IGV

DEPRECIACION
VALOR DE ADQUISICIN
250000
165000
65000
80000
TOTAL

VENTAS DEL IGV

Ao 1
204750
31233

DEPRECIACIONES
VIDA UTIL
25
10
6
5

1
10000
16500
10833
16000
53333

V
Ao 2
231000
35237

Ao 3
325500
49653

2
10000
16500
10833
16000
53333

3
VALOR RESIDUAL
10000
220000
16500
115500
10833
32500
16000
32000
53333
400000

COMPRAS DEL IGV

Edificios y construcciones
Maquinarias y equipos de produccion
Muebles y equipos de oficina
Vehiculos
Compras del IGV

Ao 0
250000
165000
65000
80000
85424

COMPRAS DEL IGV

Materias primas y suministros
Gastos indirectos de fabricacin
Otros gastos de fabricacion
Otros gastos operativos
Compras del IGV

Ao 1
18500
5300
2350
2700
4401

Ao 2
30600
6400
3050
4150
6742

Ao 3
41700
7500
4100
5250
8931

Prstamo
Interes
FRC
Cuota

Ao

PERIODOS

208500
0.15
0.437976962
91318.20
SERVICIO DE LA DEUDA
Principal
Amortizaciones Intereses
Cuota
1
148456.80
60043.20
31275
91318.20
2
79407.13
69049.68
22268.52
91318.20
3
0.00
79407.13
11911.07
91318.20

PRESTAMO
PRINCIPAL
INTERESES CUOTA
1
208500
31275
2
111523.26 96976.7441715
31275 128251.744
3
0
111523.25
16728.489 128251.74
208499.9941715

79278.489

RUBROS
INGRESOS
Ventas del bien
Otros ingresos
TOTAL INGRESOS
COSTOS DE INVERSIN
Terrenos
Edificios y construcciones
Maquinarias y equipos de produccion
Muebles y enseres
Capital de trabajo
Otros
TOTAL COSTOS DE INVERSIN
COSTO DE FABRICACIN
Mano de obra
Materia primas y suministros
Gastos indirectos de fabricacin
COSTOS DE OPERACIN
Administracion
Ventas
Otros gastos de operacin
Gastos de liquidacin del proyecto
PAGOS NETOS DEL IGV (18%)
TOTAL COSTOS DE PRODUCCIN
INGRESOS - (COSTOS TOTALES)
IMPUESTOS (30%)
UTILIDAD NETA
DEPRECIACIONES
FLUJO DE CAJA ECONOMICO
PRSTAMO
Intereses
Amortizacin
FLUJO DE CAJA FINANCIERO

VAN ECONOMICO (COK 26%)

VAN FINANCIERO (30% anual)
TIR ECONOMICO
TIR FINANCIERO

ETAPA PREOPERATIVA
0

ETAPA OPERATI
1

S/. 498,983
S/. 548,881
S/. 100,000 S/. 126,000
S/. 598,983 S/. 674,881
S/. 126,000
S/. 107,114
S/. 38,440
S/. 3,485
S/.
130,000 S/.
13,000
S/.
21,363
S/. 426,402 S/. 13,000
S/. 397,395
S/. 106,936
S/. 279,304
S/.
11,155
S/.
91,050
S/.
50,830
S/.
30,720
S/.
9,500
S/.
S/.
39,047
S/. 527,492
S/. -426,402
S/. 71,491
S/. 18,171
S/. 53,320
S/. 8,328
S/. -426,402
S/.

S/. 61,648

S/.

19,500

S/. 19,500
S/. 437,135
S/. 117,630
S/. 307,234
S/.
12,271
S/.
95,890
S/.
54,134
S/.
32,256
###
###
S/.
52,541
S/. 585,566
S/. 89,315
S/. 23,014
S/. 66,302
S/. 10,504
S/. 76,806

110,016
S/.
S/.

S/. -316,386

S/. 103,277.59
S/. 87,597.17
32%
37%

2,593 S/.
16,519 S/.
S/. 42,536

2,098
2,098

S/. 72,610

0
CLCULO DEL IGV
Ventas del IGV
Compras del IGV
.
.
SALDOS POR PAGAR
Descuentos

1
S/.
6,395 S/.

S/.

91,370 S/. 102,948

45,928 S/.
50,407

S/.
S/.

PAGOS EFECTIVOS

S/.

0
CLCULO DE IMPUESTO
TOTAL (I-C)
DEPRECIACIONES
Edificios
Maquinarias
Equipos
INTERESES
MONTO IMPONIBLE

45,442 S/.
6,395

52,541

39,047 S/.

52,541

S/. 71,491
S/. 89,315
S/. 8,328
S/. 10,504
S/. 4,285
S/. 4,285
S/. 3,750
S/. 5,875
S/. 293
S/. 345
S/.
2,593 S/.
2,098
S/. 60,569
S/. 76,713

PAGO DE IMPUESTOS

S/. 18,171

S/. 23,014

COMPRA DEL
Ao 1
Ao 2
279,304
S/. 307,234
2,231 S/.
2,454
15,249 S/.
16,240
4,301 S/.
4,516
45,928 S/. 50,407

Ao 3
S/. 337,958
S/.
2,700
S/.
17,296
S/.
4,742
S/. 55,326

Materia primas y suministros

Gastos indirectos de fabricacin
Administracion
Ventas
Compras del IGV

S/.
S/.
S/.
S/.
S/.

Total ingresos
Ventas del IGV

Ao 1
Ao 2
Ao 3
S/. 598,983
S/. 674,881
S/. 762,529
S/.
91,370 S/. 102,948 S/. 116,318

VENTAS DE I

ETAPA OPERATIVA
3

S/. 603,769
S/. 664,146
S/. 730,561
S/. 803,617
S/. 883,978
S/. 972,376
S/. 158,760 S/. 200,038 S/. 252,047 S/. 317,580 S/. 400,150 S/.
504,190
S/. 762,529 S/. 864,184 S/. 982,608
###
### S/. 1,476,566

S/.

23,400 S/.

S/. 23,400
S/. 480,848
S/. 129,393
S/. 337,958
S/.
13,498
S/. 101,022
S/.
57,653
S/.
33,869
S/.
9,500
S/.
S/.
60,992
S/. 642,861
S/. 119,668
S/. 31,625
S/. 88,043
S/. 12,738

28,600 S/.

S/. 28,600
S/. 528,933
S/. 142,332
S/. 371,754
S/.
14,847
S/. 106,462
S/.
61,400
S/.
35,562
S/.
9,500
S/.
S/.
71,094
S/. 706,489
S/. 157,694
S/. 36,089
S/. 121,605
S/. 12,738

31,200 S/.

S/. 31,200
S/. 581,826
S/. 156,565
S/. 408,929
S/.
16,332
S/. 112,231
S/.
65,391
S/.
37,340
S/.
9,500
S/.
S/.
83,222
S/. 777,280
S/. 205,328
S/. 50,380
S/. 154,949
S/. 12,738

32,500 S/.

S/. 32,500
S/. 640,009
S/. 172,221
S/. 449,822
S/.
17,965
S/. 118,349
S/.
69,642
S/.
39,207
S/.
9,500
S/.
S/.
97,841
S/. 856,198
S/. 264,998
S/. 75,678
S/. 189,320
S/. 12,738

35,100

S/. 35,100
S/. 704,009
S/. 189,444
S/. 494,804
S/.
19,762
S/. 124,836
S/.
74,168
S/.
41,168
S/.
9,500
S/.
S/. 115,529
S/. 944,375
S/. 339,754
S/. 98,122
S/. 241,632
S/. 12,681

S/. 100,780 S/. 134,343 S/. 167,687 S/. 202,058 S/. 254,313

S/.
S/.

1,513 S/.
1,513 S/.

24,659 S/.
933 S/.

37,700

S/.
S/.
S/.

37,700
774,410
208,388
S/. 544,284
S/.
21,738
S/.
131,715
S/.
78,989
S/.
43,226
S/.
9,500
S/.
S/.
137,011
###
S/. 433,429
S/. 126,224
S/. 307,204
S/. 12,681
S/. 319,885

24,659
332

S/. 97,755 S/. 108,751 S/. 142,695 S/. 202,058 S/. 254,313

26%
30%

S/.

S/. 319,885

S/. 116,318 S/. 131,825 S/. 149,889 S/. 171,030 S/. 195,884
S/.
55,326 S/.
60,730 S/.
66,667 S/.
73,189 S/.
80,355

S/.
S/.

225,239
88,228

S/.

60,992 S/.

71,094 S/.

83,222 S/.

S/.

137,011

S/.

60,992 S/.

71,094 S/.

83,222 S/.

97,841 S/. 115,529 S/.

137,011

S/. 119,668
S/. 157,694
S/. 205,328
S/. 12,738
S/. 12,738
S/. 12,738
S/. 4,285
S/. 4,285
S/. 4,285
S/. 8,108
S/. 8,108
S/. 8,108
S/. 345
S/. 345
S/. 345
S/.
1,513 S/.
24,659 S/.
24,659
S/. 105,418
S/. 120,298
S/. 167,932
S/. 31,625

97,841 S/. 115,529

S/. 264,998
S/. 12,738
S/. 4,285
S/. 8,108
S/. 345

S/. 339,754
S/. 12,681
S/. 4,285
S/. 8,051
S/. 345

S/. 433,429
S/. 12,681
S/. 4,285
S/. 8,051
S/. 345

S/. 252,261

S/. 327,073

S/. 420,748

S/. 36,089

S/. 50,380

S/. 75,678

S/. 98,122

S/. 126,224

COMPRA DEL IGV

Ao 4
Ao 5
S/. 371,754
S/. 408,929
S/.
2,969 S/.
3,266
S/.
18,420 S/.
19,617
S/.
4,979 S/.
5,228
S/. 60,730 S/. 66,667

Ao 6
S/. 449,822
S/.
3,593
S/.
20,892
S/.
5,489
S/. 73,189

Ao 7
S/. 494,804
S/.
3,952
S/.
22,250
S/.
5,763
S/. 80,355

Ao 8
S/. 544,284
S/.
4,348
S/.
23,697
S/.
6,052
S/. 88,228

Ao 9
S/. 598,713
S/.
4,782
S/.
25,237
S/.
6,354
S/.
96,878

VENTAS DE IGV
Ao 4
Ao 5
Ao 6
Ao 7
Ao 8
Ao 9
S/. 864,184
S/. 982,608 S/. 1,121,196 S/. 1,284,129 S/. 1,476,566 S/. 1,704,893
S/. 131,825 S/. 149,889 S/. 171,030 S/. 195,884 S/. 225,239 S/.
260,068

LIQUIDACIN
9

10

S/. 1,069,614 S/. 1,176,575

S/.
635,279 S/.
800,451
S/. 1,704,893 S/. 1,977,027

S/.

41,600

S/.
S/.
S/.

41,600
851,851
229,227
S/. 598,713
S/.
23,912
S/.
139,011
S/.
84,123
S/.
45,387
S/.
9,500
S/.
S/.
163,191
###
S/. 550,840
S/. 161,493
S/. 389,347
S/. 12,531
S/. 401,878

S/.

44,200

S/. 126,000
S/. 64,268
S/. 19,659
S/. 85
S/.
436,800

S/.
S/.
S/.

44,200
937,037
252,149
S/. 658,584
S/.
26,303
S/.
146,748
S/.
89,592
S/.
47,657
###
### S/.
S/.
195,198
###
S/. 698,043
S/. 205,682
S/. 492,362 S/.
S/. 12,438
S/. 504,800 S/.

75,000

516,354

516,354

FLUJO DE C
FLUJO DE CA

S/. 401,878

S/. 504,800 S/.

516,354

10

S/.
S/.

260,068
96,878

S/.
S/.

301,580
106,382

S/.

163,191

S/.

195,198

163,191 S/.

195,198

S/.

10

LIQUIDACIN

LIQUIDACIN

S/. 550,840
S/. 12,531
S/. 4,285
S/. 7,901
S/. 345

S/. 698,043
S/. 12,438
S/. 120,114
S/. 4,285 S/. 64,268.49
S/. 7,860 S/. 19,659.09
85.45
S/. 293 S/.

S/. 538,309

S/. 685,605

S/. 161,493

S/. 205,682

Ao 10
S/. 658,584
S/.
5,261
S/.
26,877
S/.
6,672
S/. 106,382

Ao 10
S/. 1,977,027
S/.
301,580

Valor de
adquisicin

Concepto
Activos fijos
Edificios y construcciones
Maquinarias y equipos
Muebles y enseres

S/. 107,114.15

Vida til

1
25

S/. 4,284.57
S/. 3,750.20
S/. 293.45
S/. 8,328.22

TOTAL

Activos fijos
Terrenos
Capital de trabajo inicial
Incrementos de capital de trabajo
TOTAL

S/.
S/.
S/.
S/.
S/.

120,114
126,000
38,440
306,800
591,354

S/. -426,402

S/. 61,648

S/. 76,806

S/. 100,780

S/. -316,386

S/. 42,536

S/. 72,610

S/. 97,755

CLCULO DEL IGV

Ventas del IGV
Compras del IGV
.
.
SALDOS POR PAGAR
Descuentos
PAGOS EFECTIVOS

S/.
S/.

149,889 S/.
66,667 S/.

171,030
73,189

S/.
S/.

195,884
80,355

S/.

83,222 S/.

97,841

S/.

115,529

S/.

83,222

S/.

97,841

S/. 115,529

CLCULO DE IMPUESTO
TOTAL (I-C)
DEPRECIACIONES
Edificios
Maquinarias
Equipos
INTERESES
MONTO IMPONIBLE

S/.
S/.
S/.
S/.
S/.
S/.
S/.

205,328
12,738
4,285
8,108
345
24,659
167,932

S/.
S/.
S/.
S/.
S/.

264,998
12,738
4,285
8,108
345

S/.
S/.

S/.

252,261

S/.

327,073

PAGO DE IMPUESTOS

S/.

50,380

S/.

75,678

S/.

98,122

S/.

339,754
12,681
###
8,051
###

Aos
2

S/. 4,284.57
S/. 4,284.57
S/. 4,284.57
S/. 4,284.57
S/. 5,874.65
S/. 8,107.98
S/. 8,107.98
S/. 8,107.98
S/. 345.12
S/. 345.12
S/. 345.12
S/. 345.12
S/. 10,504.33 S/. 12,737.67 S/. 12,737.67 S/. 12,737.67

6
S/. 4,284.57
S/. 8,107.98
S/. 345.12
###

S/. 134,343

S/. 167,687

S/. 202,058

S/. 254,313

S/. 319,885

S/. 108,751

S/. 142,695

S/. 202,058

S/. 254,313

S/. 319,885

10

S/.
S/.

225,239 S/.
88,228 S/.

260,068 S/.
96,878 S/.

301,580
106,382

S/.

137,011 S/.

163,191 S/.

195,198

S/. 137,011 S/.

163,191 S/.

195,198

8
S/.
S/.
S/.
S/.
S/.

433,429
12,681
4,285
8,051
345

S/.

9
S/.
S/.
S/.
S/.
S/.

550,840
12,531
4,285
7,901
345

10
S/.
S/.
S/.
S/.
S/.

698,043
12,438
4,285
7,860
293

420,748 S/.

538,309 S/.

685,605

S/. 126,224 S/.

161,493 S/.

205,682

LIQUIDACIN
S/.
S/.
S/.
S/.

120,114
64,268
19,659
85

7
S/. 4,284.57
S/. 8,051.31
S/. 345.12
###

8
S/. 4,284.57
S/. 8,051.31
S/. 345.12
###

S/. 401,878 S/. 1,021,155

S/. 401,878 S/. 1,021,155

9
S/. 4,284.57
S/. 7,901.31
S/. 345.12
###

10
S/. 4,284.57
S/. 7,860.20
S/. 293.45
###