Ejemplo depreciación

Método de la línea recta

Suponga un activo cuyo valor de adquisición es de $100.000, con una vida útil de 5 años. Depreciarlo
por el método de la línea recta

Valor activo 100000

Vida útil en años 5

Año 0 1 2 3 4
Gasto Depreciación 20,000 20,000 20,000 20,000
Depreciación acumulada 0 20,000 40,000 60,000 80,000
Valor libros 80,000 60,000 40,000 20,000
años. Depreciarlo

5
20,000
100,000
0
FLUJO DE CAJA

DATO
Costos de inversión
0 1 2 3
Asesoría
Cortina plásticada (400 m2) S/1,518.00
Cama de galpones S/500.00
Bebederos BB (1 galón) S/90.00
Bebedero automático de 2.40 m. S/500.00
Comedero BB S/80.00
Comederos S/1,700.00
Tanque de agua Rotoplast (1100 Lt) S/1,500.00
Campana criadora S/285.00
Termometro analógico S/160.00
Flameador a gas S/120.00
Ganchos de acero inoxidable S/500.00
Balanza colgante S/400.00
Pulverizador 20Lt. S/160.00
Tanque para escaldado u Ollas S/500.00
Jabas para pollo beneficiado S/450.00
Sub Total 1 S/8,013.00 S/0.00 S/0.00 S/0.00

Costos y gastos de operación

0 1 2 3
Mano de obra S/1,000.00 S/1,000.00 S/1,000.00 S/1,000.00
Mantenimiento S/300.00 S/300.00 S/300.00 S/300.00
Vacunas S/300.00 S/500.00 S/500.00
Pollo BB S/3,600.00 S/3,600.00 S/3,600.00
Alimento Balanceado S/13,000.00 S/13,000.00 S/13,000.00
G. Administrativos S/300.00 S/300.00 S/300.00 S/300.00
Gastos de venta y publicidad S/2,000.00 S/4,000.00 S/4,000.00
Gastos operacionales S/1,000.00 S/1,000.00 S/1,500.00 S/1,500.00
Sub Total 2 S/2,600.00 S/21,500.00 S/24,200.00 S/24,200.00

INFORMACIÓN GENERAL Concepto

Horizonte de evaluación (meses) 12 Costo operativo en S/.
Tasa de mortalidad 3.0% Pollo BB
Lote (aves) 1200 Alimentación
Peso pollo vivo (kg.) 2.7 Costos fijos
Peso pollo beneficiado (kg.) 1.91 Ingresos-ventas pollo vivo
Producción Lote beneficiado (kg.) 2223.24 Cantidad pollos
Producción Lote vivo (kg.) 3142.80 Peso vivo (kg.)
Cantidad de Kg.
Costo producción/Kg Precio (S/./kg.)
Precio de venta/kg. Pollo vivo S/4.50 Ganancia (S/.)
Precio de venta/kg. Pollo eviscerado S/6.20 Tasa de Rentabilidad Directa

FLUJO DE CAJA MENSUAL DEL PROYE

Flujo de caja 0 1 2 3
Ingresos 14,142.60 28,285.20
Costos y gastos S/2,600.00 S/21,500.00 S/23,700.00 S/23,700.00
Utilidad antes de impuestos -S/2,600.00 -S/21,500.00 -S/9,557.40 S/4,585.20
Impuesto (18%) -S/468.00 -S/3,870.00 -S/1,720.33 S/825.34
Utilidad después de impuestos -S/2,132.00 -S/17,630.00 -S/7,837.07 S/3,759.86
Inversión fija S/8,013.00
Inversión de capital de trabajo
Flujo de caja neto -S/10,145.00 -S/17,630.00 -S/7,837.07 S/3,759.86
- 10,145 - 27,775 - 35,612 - 31,852

Tasa 20.00%
Inversión S/10,145.00
VAN -S/19,515.11

TIR 0%
 DATOS
MESES
4 5 6 7 8 9 10

S/0.00 S/0.00 S/0.00

Meses
4 5 6 7 8 9 10
S/1,000.00 S/1,000.00 S/1,000.00 S/1,000.00 S/1,000.00 S/1,000.00 S/1,000.00
S/300.00 S/300.00 S/300.00 S/500.00 S/500.00 S/500.00 S/500.00
S/500.00 S/500.00 S/500.00 S/500.00 S/500.00 S/500.00 S/500.00
S/3,600.00 S/3,600.00 S/3,600.00 S/3,600.00 S/3,600.00 S/3,600.00 S/3,600.00
S/13,000.00 S/13,000.00 S/13,000.00 S/13,000.00 S/13,000.00 S/13,000.00 S/13,000.00
S/300.00 S/300.00 S/300.00 S/300.00 S/300.00 S/300.00 S/300.00
S/4,000.00 S/4,000.00 S/4,000.00 S/4,000.00 S/4,000.00 S/4,000.00 S/4,000.00
S/1,500.00 S/1,500.00 S/1,500.00 S/1,500.00 S/1,500.00 S/1,500.00 S/1,500.00
S/24,200.00 S/24,200.00 S/24,200.00 S/24,400.00 S/24,400.00 S/24,400.00 S/24,400.00

Por lote
S/. 1,300.00
S/. 0.00
S/. 0.00
S/. 1,300.00
S/. 14,142.60
 1164
2.7
3142.8
S/. 4.50
S/. 12,842.60
987.9%

O DE CAJA MENSUAL DEL PROYECTO (PURO O SIN FINANCIACIÓN)

4 5 6 7 8 9 10
28,285.20 28,285.20 28,285.20 28,285.20 28,285.20 28,285.20 28,285.20
S/23,700.00 S/23,700.00 S/23,700.00 S/23,900.00 S/23,900.00 S/23,900.00 S/23,900.00
S/4,585.20 S/4,585.20 S/4,585.20 S/4,385.20 S/4,385.20 S/4,385.20 S/4,385.20
S/825.34 S/825.34 S/825.34 S/789.34 S/789.34 S/789.34 S/789.34
S/3,759.86 S/3,759.86 S/3,759.86 S/3,595.86 S/3,595.86 S/3,595.86 S/3,595.86

S/3,759.86 S/3,759.86 S/3,759.86 S/3,595.86 S/3,595.86 S/3,595.86 S/3,595.86

- 28,092 - 24,332 - 20,573 - 16,977 - 13,381 - 9,785 - 6,189
 11 12

11 12
S/1,000.00 S/1,000.00
S/500.00 S/500.00
S/500.00 S/500.00
S/3,600.00 S/3,600.00
S/13,000.00 S/13,000.00
S/300.00 S/300.00
S/4,000.00 S/4,000.00
S/1,500.00 S/1,500.00
S/24,400.00 S/24,400.00
 11 12
28,285.20 28,285.20
S/23,900.00 S/23,900.00
S/4,385.20 S/4,385.20
S/789.34 S/789.34
S/3,595.86 S/3,595.86

S/3,595.86 S/3,595.86
- 2,593 1,003
Cantidad de pollo BB 1,200.00
Mortalidad 3.0%
Costo Pollo BB S/1.50
Costo Alim. Balanceado/lote S/7,000.00

Día 0 1 2 3 4 5
Inversión 8,013.00
Ingresos
Cantidad Pollo Vivo
Kg. Pollo Vivo
Total Pollo Vivo
Cantidad Pollo Eviscerado
Kg. Pollo Eviscerado
Total Pollo Eviscerado
Egresos 15,800.00 0.00 0.00 0.00 0.00
Peon Estable
Peon Guardia
Pollo BB 1,800.00
Alimento balanceado 14,000.00
Flete Avícola - Piura Avícola
Vendedoras
Mototaxis de Reparto
Gastos Administrativos
Contabilidad
Coordinador de Operaciones
Flujo de Caja -8,013.00 -15,800.00 0.00 0.00 0.00 0.00
Acumulado -8,013.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00
VAN

Chart Title
0.00

-10,000.00

-20,000.00

-30,000.00

-40,000.00

-50,000.00

-60,000.00

-70,000.00
 6 7 8 9 10 11 12 13 14

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

-23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00 -23,813.00

Chart Title
 15 16 17 18 19 20 21 22 23

1,800.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1,800.00

-1,800.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

-25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00
 24 25 26 27 28 29 30 31

0.00 0.00 0.00 0.00 0.00 0.00 17,850.00 150.00

1,200.00
850.00
1,800.00
14,000.00

150.00

0.00 0.00 0.00 0.00 0.00 0.00 -17,850.00 -150.00

-25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -25,613.00 -43,463.00 -43,613.00
 32 33 34 35 36 37 38 39

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

-43,613.00 -43,613.00 -43,613.00 -43,613.00 -43,613.00 -43,613.00 -43,613.00 -43,613.00
 Venta 1 y 2 mes
Rend. Pollo Vivo (Kg.) 2.70 Proporción venta Pollo Vivo
Rend. Pollo Eviscerado (kg.) 1.95 Proporción venta Pollo eviscerado
Venta 3 a 12 mes
Precio/Kg. Pollo Vivo S/4.50 Proporción venta Pollo Vivo
Precio/Kg. Pollo Eviscerado S/6.20 Proporción venta Pollo eviscerado

1 1 1 1 1
40 41 42 43 44 45 46 47

938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18
0.00 0.00 0.00 100.00 100.00 1,900.00 100.00 100.00

1,800.00

100.00 100.00 100.00 100.00 100.00

0.00 0.00 0.00 838.18 838.18 -961.82 838.18 838.18

-43,613.00 -43,613.00 -43,613.00 -42,774.82 -41,936.63 -42,898.45 -42,060.26 -41,222.08
2 mes
0%
100%
12 mes
0%
100%

1 1 1 1 1 1 1 1
48 49 50 51 52 53 54 55

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
100.00 146.56 146.56 146.56 146.56 146.56 146.56 146.56

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

23.28 23.28 23.28 23.28 23.28 23.28 23.28

23.28 23.28 23.28 23.28 23.28 23.28 23.28

838.18 791.62 791.62 791.62 791.62 791.62 791.62 791.62

-40,383.90 -39,592.27 -38,800.65 -38,009.02 -37,217.40 -36,425.78 -35,634.15 -34,842.53
 1 1 2 2 2 2 2 2
56 57 58 59 60 61 62 63

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
146.56 146.56 146.56 146.56 17,996.56 3,296.56 246.56 246.56
1,200.00
850.00
1,800.00
14,000.00
100.00 100.00 100.00 100.00 100.00 100.00 200.00 200.00
2,000.00
23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28
23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28
150.00
1,000.00
791.62 791.62 791.62 791.62 -17,058.38 -2,358.38 691.62 691.62
-34,050.90 -33,259.28 -32,467.66 -31,676.03 -48,734.41 -51,092.78 -50,401.16 -49,709.54
 2 2 2 2 2 2 2 2
64 65 66 67 68 69 70 71

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
246.56 246.56 246.56 246.56 246.56 246.56 246.56 246.56

200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00

23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28

23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28

691.62 691.62 691.62 691.62 691.62 691.62 691.62 691.62

-49,017.91 -48,326.29 -47,634.66 -46,943.04 -46,251.42 -45,559.79 -44,868.17 -44,176.54
 2 3 3 3 3 3 3 3
72 73 74 75 76 77 78 79

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
246.56 246.56 246.56 2,046.56 246.56 246.56 246.56 246.56

1,800.00

200.00 200.00 200.00 200.00 200.00 200.00 200.00 200.00

23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28

23.28 23.28 23.28 23.28 23.28 23.28 23.28 23.28

691.62 691.62 691.62 -1,108.38 691.62 691.62 691.62 691.62

-43,484.92 -42,793.30 -42,101.67 -43,210.05 -42,518.42 -41,826.80 -41,135.18 -40,443.55
 3 3 3 3 3 3 3 3
80 81 82 83 84 85 86 87

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
246.56 246.56 246.56 280.00 380.00 380.00 380.00 380.00

200.00 200.00 200.00 200.00 300.00 300.00 300.00 300.00

23.28 23.28 23.28 40.00 40.00 40.00 40.00 40.00

23.28 23.28 23.28 40.00 40.00 40.00 40.00 40.00

691.62 691.62 691.62 658.18 558.18 558.18 558.18 558.18

-39,751.93 -39,060.30 -38,368.68 -37,710.50 -37,152.31 -36,594.13 -36,035.94 -35,477.76
 4 4 4 4 4 4 4 4
88 89 90 91 92 93 94 95

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 18,180.00 3,580.00 380.00 380.00 380.00 380.00
1,200.00
800.00
1,800.00
14,000.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00
2,000.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
200.00
1,000.00
558.18 558.18 -17,241.82 -2,641.82 558.18 558.18 558.18 558.18
-34,919.58 -34,361.39 -51,603.21 -54,245.02 -53,686.84 -53,128.66 -52,570.47 -52,012.29
 4 4 4 4 4 4 4 5
96 97 98 99 100 101 102 103

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 380.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 558.18

-51,454.10 -50,895.92 -50,337.74 -49,779.55 -49,221.37 -48,663.18 -48,105.00 -47,546.82
 5 5 5 5 5 5 5 5
104 105 106 107 108 109 110 111

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 2,180.00 380.00 380.00 380.00 380.00 380.00 380.00

1,800.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 -1,241.82 558.18 558.18 558.18 558.18 558.18 558.18

-46,988.63 -48,230.45 -47,672.26 -47,114.08 -46,555.90 -45,997.71 -45,439.53 -44,881.34
 5 5 5 5 5 5 6 6
112 113 114 115 116 117 118 119

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 380.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 558.18

-44,323.16 -43,764.98 -43,206.79 -42,648.61 -42,090.42 -41,532.24 -40,974.06 -40,415.87
 6 6 6 6 6 6 6 6
120 121 122 123 124 125 126 127

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
18,230.00 3,680.00 380.00 380.00 380.00 380.00 380.00 380.00
1,200.00
850.00
1,800.00
14,000.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00
2,000.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
300.00
1,000.00
-17,291.82 -2,741.82 558.18 558.18 558.18 558.18 558.18 558.18
-57,707.69 -60,449.50 -59,891.32 -59,333.14 -58,774.95 -58,216.77 -57,658.58 -57,100.40
 6 6 6 6 6 7 7 7
128 129 130 131 132 133 134 135

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 2,180.00

1,800.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 -1,241.82

-56,542.22 -55,984.03 -55,425.85 -54,867.66 -54,309.48 -53,751.30 -53,193.11 -54,434.93
 7 7 7 7 7 7 7 7
136 137 138 139 140 141 142 143

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 380.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 558.18

-53,876.74 -53,318.56 -52,760.38 -52,202.19 -51,644.01 -51,085.82 -50,527.64 -49,969.46
 7 7 7 7 8 8 8 8
144 145 146 147 148 149 150 151

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 18,230.00 3,680.00
1,200.00
850.00
1,800.00
14,000.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00
2,000.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
300.00
1,000.00
558.18 558.18 558.18 558.18 558.18 558.18 -17,291.82 -2,741.82
-49,411.27 -48,853.09 -48,294.90 -47,736.72 -47,178.54 -46,620.35 -63,912.17 -66,653.98
 8 8
152 153 154 155 156 157 158 159

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 380.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 558.18

-66,095.80 -65,537.62 -64,979.43 -64,421.25 -63,863.06 -63,304.88 -62,746.70 -62,188.51
 160 161 162 163 164 165 166 167

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 2,180.00 380.00 380.00

1,800.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 -1,241.82 558.18 558.18

-61,630.33 -61,072.14 -60,513.96 -59,955.78 -59,397.59 -60,639.41 -60,081.22 -59,523.04
 168 169 170 171 172 173 174 175

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 380.00 380.00 380.00 380.00

300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00

558.18 558.18 558.18 558.18 558.18 558.18 558.18 558.18

-58,964.86 -58,406.67 -57,848.49 -57,290.30 -56,732.12 -56,173.94 -55,615.75 -55,057.57
 176 177 178 179 180 181 182 183

938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
77.60 77.60 77.60 77.60 77.60 77.60 77.60 77.60
151.32 151.32 151.32 151.32 151.32 151.32 151.32 151.32
938.18 938.18 938.18 938.18 938.18 938.18 938.18 938.18
380.00 380.00 380.00 380.00 18,230.00 3,680.00 380.00 380.00
1,200.00
850.00
1,800.00
14,000.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00 300.00
2,000.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
300.00
1,000.00
558.18 558.18 558.18 558.18 -17,291.82 -2,741.82 558.18 558.18
-54,499.38 -53,941.20 -53,383.02 -52,824.83 -70,116.65 -72,858.46 -72,300.28 -71,742.10
 184

938.18
0.00
0.00
0.00
77.60
151.32
938.18
380.00

300.00

40.00
40.00

558.18
-71,183.91
 0 15 30 45 60 75 90

1 Lote 1200 1158

2 Lote 1200 1158
3 Lote 1200 1158
1 Lote 1200
2 Lote 1200
3 Lote 1200

7000
7000
7000
7000
7000
 105 120 135 150

1158
1158
1158
1200 1158
1200 1158

7000