Esta é a planilha do plano de negócios da esco

livro Plano de negócios, exemplos práticos. A

maneira intuitiva, contendo todas as informaç
desenvolvimento do PN da Criança Feliz.
Inicie pela pasta "Premissas" e depois siga a se
planilha: Receita, Investimentos_infra, Despes
Note que em todas as pastas há vários comen
projeções. Para acessar tais informações basta
qualquer célula que contenha uma pequena m
existência de um comentário).

Você poderá alterar quaisquer informações ne

novos cenários para verificar quando e como a
menos viável. Assim, você perceberá que o de
negócios utilizando como base uma planilha e
permite que você simule cenários.

Cada pasta desta planilha contém fórmulas qu

uma determinada célula. Procure entender a l
desenvolver o seu próprio plano de negócios.

Finalmente, ao reutilizar esta planilha, busque

manter informações específicas da Criança Fe
aplicáveis ao plano de negócios de sua empres

Para obter informações complementares, expl

deste plano de negócios acesse: www.josedor
www.easyplan.com.br.

*Este plano de negócios foi desenvolvido tendo como base o PN original criado pelos alunos do MBA do PECE/USP: Gustavo Paes
de negócios da escola Criança Feliz, que acompanha o
emplos práticos. As pastas são apresentadas de
o todas as informações relevantes que foram usadas no
Criança Feliz.
s" e depois siga a sequência sugerida na própria
entos_infra, Despesas, Custos, Funcionários, Resultados.
as há vários comentários indicando a lógica utilizada nas
s informações basta passar o ícone do mouse sobre
nha uma pequena marca vermelha (o que sinaliza a
io).

uer informações nesta planilha a seu critério. Faça

ar quando e como a Criança Feliz se tornaria mais ou
perceberá que o desenvolvimento de um plano de
ase uma planilha eletrônica torna-se mais efetivo e
enários.

ontém fórmulas que podem ser acessadas ao clicar em

rocure entender a lógica dessas fórmulas para
plano de negócios.

ta planilha, busque revisá-la para não correr o risco de

íficas da Criança Feliz e que não necessariamente sejam
ócios de sua empresa.

mplementares, explicações, vídeos, textos e atualizações

esse: www.josedornelas.com.br e

/USP: Gustavo Paes Marques, José Adilson da Silva, José Jorge Manfrim, Rodrigo Trevizan, Willian Toshimi Oya, sob orientação do Prof. Dr.
ntação do Prof. Dr. José Dornelas.
PREMISSAS
Criança Feliz: Mês 1 - Mês 60

Observação: passe o ícone (do mouse) sobre as células para ter acesso à explicação do memorial de cálculo

PREMISSAS GERAIS
Nome da Empresa Criança Feliz
Ano de Início da Operação Mês 1
Ano Final da Projeção Mês 60
Moeda R$
Denominação 000's

Encargos e impostos
Reajuste de salários (Selic, base 2010) 7.00%
ISS 5%
PIS/COFINS 3.65%
Impostos sobre faturamento 8.65%
IR 25.00%
CSLL 9.00%

Premissas comerciais Ano 1 Ano 2 Ano 3 Ano 4 Ano 5

Preço Módulo Unitário 720 770 824 882 944
Preço Módulo Completo 1045 1118 1196 1280 1370
Preço Módulo Escola 180 193 206 221 236

Premissas de número de usuários Ano 1 Ano 2 Ano 3 Ano 4 Ano 5

Estudantes (Escola) - Média mensal 240 259 280 302 327
Boot Camp Lobo - Média mensal 90 97 105 113 122
Boot Camp Guepardo - Média mensal 60 65 70 76 82
Boot Camp Leão - Média mensal 20 22 23 25 27
Orçamento com marketing Ano 1 Ano 2 Ano 3 Ano 4 Ano 5
Orçamento de propaganda/comunicação 120,000.00 192,600.00 206,082.00 220,507.74 235,943.28
Telemarketing ativo 43,200 46,224 49,460 52,922 56,626
Orçamento total de mkt ao ano 163,200 238,824 255,542 273,430 292,570

Premissas de custo de Monitores por mês Ano 1 Ano 2 Ano 3 Ano 4 Ano 5
1 monitor para cada 7 estudantes 24 26 28 31 33
Pagamento (unitário) 800 856 916 980 1,049
Valor total mensal 19,429 22,452 25,945 29,982 34,647
Reajuste anual
7%

Crescimento
8%
RECEITA
Criança Feliz: Mês 1 - Mês 60
Sazonalidade dos Boot Camps
Lobo 1
Boot Camp - 7 a 9 anos
TOTAL -

Guepardo 1
Boot Camp - 10 a 11 anos
TOTAL -

Leão 1
Boot Camp - 12 a 14 anos
TOTAL -

Escolas 1
Aulas em Escolas Particulares
TOTAL -
Sazonalidade dos cursos em escolas

Receita Total -

RESULTADOS ANUAIS Ano 1

Lobo 496,800.00
Guepardo 331,200.00
Leão 14,400.00
Escolas 374,400.00
RECEITA TOTAL [R$] 1,216,800.00

4,500,000

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0
1,500,000

1,000,000

500,000

0
Ano 1 Ano 2 Ano 3 Ano 4

Lobo Guepardo Leão Escolas

 2 3 4 5 6
- 21,600.00 21,600.00 32,400.00 32,400.00
- 21,600.00 21,600.00 32,400.00 32,400.00

2 3 4 5 6
14,400.00 14,400.00 21,600.00 21,600.00
- 14,400.00 14,400.00 21,600.00 21,600.00

2 3 4 5 6
14,400.00 14,400.00 14,400.00 14,400.00
- 14,400.00 14,400.00 14,400.00 14,400.00

2 3 4 5 6
14,400.00 14,400.00 21,600.00 21,600.00 43,200.00
14,400.00 14,400.00 21,600.00 21,600.00 43,200.00

14,400.00 64,800.00 72,000.00 90,000.00 111,600.00

Ano 2 Ano 3 Ano 4 Ano 5

998,438.40 1,153,795.42 1,333,325.98 1,540,791.50
665,625.60 769,196.94 888,883.99 1,027,194.34
221,875.20 256,398.98 296,294.66 342,398.11
698,906.88 879,397.92 977,772.39 1,129,913.77
2,584,846.08 3,058,789.26 3,496,277.02 4,040,297.72
 Ano 4 Ano 5

Escolas
 7 8 9 10 11 12
64,800.00 64,800.00 64,800.00 64,800.00 64,800.00 64,800.00
64,800.00 64,800.00 64,800.00 64,800.00 64,800.00 64,800.00

7 8 9 10 11 12
43,200.00 43,200.00 43,200.00 43,200.00 43,200.00 43,200.00
43,200.00 43,200.00 43,200.00 43,200.00 43,200.00 43,200.00

7 8 9 10 11 12
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00

7 8 9 10 11 12
43,200.00 43,200.00 43,200.00 43,200.00 43,200.00 43,200.00
43,200.00 43,200.00 43,200.00 43,200.00 43,200.00 43,200.00

165,600.00 165,600.00 165,600.00 165,600.00 165,600.00 165,600.00

 1.5 1.5 0.75 0.75 0.75 0.75
13 14 15 16 17 18
49,921.92 49,921.92 99,843.84 99,843.84 99,843.84 99,843.84
49,921.92 49,921.92 99,843.84 99,843.84 99,843.84 99,843.84

13 14 15 16 17 18
33,281.28 33,281.28 66,562.56 66,562.56 66,562.56 66,562.56
33,281.28 33,281.28 66,562.56 66,562.56 66,562.56 66,562.56

13 14 15 16 17 18
11,093.76 11,093.76 22,187.52 22,187.52 22,187.52 22,187.52
11,093.76 11,093.76 22,187.52 22,187.52 22,187.52 22,187.52

13 14 15 16 17 18
33,281.28 33,281.28 49,921.92 99,843.84 99,843.84 49,921.92
33,281.28 33,281.28 49,921.92 99,843.84 99,843.84 49,921.92
1.50 1.50 1.00 0.50 0.50 1.00

127,578.24 127,578.24 238,515.84 288,437.76 288,437.76 238,515.84

 0.5 1 1 1 1 1.5
19 20 21 22 23 24
149,765.76 74,882.88 74,882.88 74,882.88 74,882.88 49,921.92
149,765.76 74,882.88 74,882.88 74,882.88 74,882.88 49,921.92

19 20 21 22 23 24
99,843.84 49,921.92 49,921.92 49,921.92 49,921.92 33,281.28
99,843.84 49,921.92 49,921.92 49,921.92 49,921.92 33,281.28

19 20 21 22 23 24
33,281.28 16,640.64 16,640.64 16,640.64 16,640.64 11,093.76
33,281.28 16,640.64 16,640.64 16,640.64 16,640.64 11,093.76

19 20 21 22 23 24
33,281.28 99,843.84 49,921.92 49,921.92 99,843.84 33,281.28
33,281.28 99,843.84 49,921.92 49,921.92 99,843.84 33,281.28
1.50 0.50 1.00 1.00 0.50 1.50

316,172.16 241,289.28 191,367.36 191,367.36 241,289.28 127,578.24

 1.5 1.5 0.75 0.75 0.75 0.75
25 26 27 28 29 30
57,689.77 57,689.77 115,379.54 115,379.54 115,379.54 115,379.54
57,689.77 57,689.77 115,379.54 115,379.54 115,379.54 115,379.54

25 26 27 28 29 30
38,459.85 38,459.85 76,919.69 76,919.69 76,919.69 76,919.69
38,459.85 38,459.85 76,919.69 76,919.69 76,919.69 76,919.69

25 26 27 28 29 30
12,819.95 12,819.95 25,639.90 25,639.90 25,639.90 25,639.90
12,819.95 12,819.95 25,639.90 25,639.90 25,639.90 25,639.90

25 26 27 28 29 30
38,459.85 38,459.85 57,689.77 115,379.54 115,379.54 57,689.77
38,459.85 38,459.85 57,689.77 115,379.54 115,379.54 57,689.77
1.50 1.50 1.00 0.50 0.50 1.00

147,429.41 147,429.41 275,628.90 333,318.68 333,318.68 275,628.90

 0.5 1 1 1 1 1.5
31 32 33 34 35 36
173,069.31 86,534.66 86,534.66 86,534.66 86,534.66 57,689.77
173,069.31 86,534.66 86,534.66 86,534.66 86,534.66 57,689.77

31 32 33 34 35 36
115,379.54 57,689.77 57,689.77 57,689.77 57,689.77 38,459.85
115,379.54 57,689.77 57,689.77 57,689.77 57,689.77 38,459.85

31 32 33 34 35 36
38,459.85 19,229.92 19,229.92 19,229.92 19,229.92 12,819.95
38,459.85 19,229.92 19,229.92 19,229.92 19,229.92 12,819.95

31 32 33 34 35 36
38,459.85 115,379.54 57,689.77 57,689.77 115,379.54 38,459.85
38,459.85 115,379.54 57,689.77 57,689.77 115,379.54 38,459.85
1.50 0.50 1.00 1.00 0.50 1.50

365,368.55 278,833.89 221,144.12 221,144.12 278,833.89 147,429.41

 1.5 1.5 0.75 0.75 0.75 0.75
37 38 39 40 41 42
66,666.30 66,666.30 133,332.60 133,332.60 133,332.60 133,332.60
66,666.30 66,666.30 133,332.60 133,332.60 133,332.60 133,332.60

37 38 39 40 41 42
44,444.20 44,444.20 88,888.40 88,888.40 88,888.40 88,888.40
44,444.20 44,444.20 88,888.40 88,888.40 88,888.40 88,888.40

37 38 39 40 41 42
14,814.73 14,814.73 29,629.47 29,629.47 29,629.47 29,629.47
14,814.73 14,814.73 29,629.47 29,629.47 29,629.47 29,629.47

37 38 39 40 41 42
44,444.20 44,444.20 66,666.30 133,332.60 133,332.60 66,666.30
44,444.20 44,444.20 66,666.30 133,332.60 133,332.60 66,666.30
1.50 1.50 1.00 0.50 0.50 1.00

170,369.43 170,369.43 318,516.76 385,183.06 385,183.06 318,516.76

 0.5 1 1 1 1 1.5
43 44 45 46 47 48
199,998.90 99,999.45 99,999.45 99,999.45 99,999.45 66,666.30
199,998.90 99,999.45 99,999.45 99,999.45 99,999.45 66,666.30

43 44 45 46 47 48
133,332.60 66,666.30 66,666.30 66,666.30 66,666.30 44,444.20
133,332.60 66,666.30 66,666.30 66,666.30 66,666.30 44,444.20

43 44 45 46 47 48
44,444.20 22,222.10 22,222.10 22,222.10 22,222.10 14,814.73
44,444.20 22,222.10 22,222.10 22,222.10 22,222.10 14,814.73

43 44 45 46 47 48
44,444.20 133,332.60 66,666.30 66,666.30 133,332.60 44,444.20
44,444.20 133,332.60 66,666.30 66,666.30 133,332.60 44,444.20
1.50 0.50 1.00 1.00 0.50 1.50

422,219.89 322,220.45 255,554.15 255,554.15 322,220.45 170,369.43

 1.5 1.5 0.75 0.75 0.75 0.75
49 50 51 52 53 54
77,039.58 77,039.58 154,079.15 154,079.15 154,079.15 154,079.15
77,039.58 77,039.58 154,079.15 154,079.15 154,079.15 154,079.15

49 50 51 52 53 54
51,359.72 51,359.72 102,719.43 102,719.43 102,719.43 102,719.43
51,359.72 51,359.72 102,719.43 102,719.43 102,719.43 102,719.43

49 50 51 52 53 54
17,119.91 17,119.91 34,239.81 34,239.81 34,239.81 34,239.81
17,119.91 17,119.91 34,239.81 34,239.81 34,239.81 34,239.81

49 50 51 52 53 54
51,359.72 51,359.72 77,039.58 154,079.15 154,079.15 77,039.58
51,359.72 51,359.72 77,039.58 154,079.15 154,079.15 77,039.58
1.50 1.50 1.00 0.50 0.50 1.00

196,878.91 196,878.91 368,077.97 445,117.55 445,117.55 368,077.97

 0.5 1 1 1 1 1.5
55 56 57 58 59 60
231,118.73 115,559.36 115,559.36 115,559.36 115,559.36 77,039.58
231,118.73 115,559.36 115,559.36 115,559.36 115,559.36 77,039.58

55 56 57 58 59 60
154,079.15 77,039.58 77,039.58 77,039.58 77,039.58 51,359.72
154,079.15 77,039.58 77,039.58 77,039.58 77,039.58 51,359.72

55 56 57 58 59 60
51,359.72 25,679.86 25,679.86 25,679.86 25,679.86 17,119.91
51,359.72 25,679.86 25,679.86 25,679.86 25,679.86 17,119.91

55 56 57 58 59 60
51,359.72 154,079.15 77,039.58 77,039.58 154,079.15 51,359.72
51,359.72 154,079.15 77,039.58 77,039.58 154,079.15 51,359.72
1.50 0.50 1.00 1.00 0.50 1.50

487,917.31 372,357.95 295,318.37 295,318.37 372,357.95 196,878.91

Investimentos
Criança Feliz: Mês 1 - Mês 60

Equipamentos e móveis de escritório 1 2 3

Computadores, van, móveis etc. 50,000.00 20,000.00 20,000.00
Materiais, outros 15,000.00 7,500.00 7,500.00
TOTAL 65,000.00 27,500.00 27,500.00

Investimentos em infraestrutura Ano 1 Ano 2 Ano 3

Computadores, van, móveis etc. 110,000.00 20,000.00 40,000.00
Outros 61,500.00 43,800.00 48,000.00
TOTAL 171,500.00 63,800.00 88,000.00
 4 5 6 7 8 9 10
20,000.00 -
7,500.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
27,500.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00

Ano 4 Ano 5
20,000.00 20,000.00
52,800.00 55,800.00
72,800.00 75,800.00
 11 12 13 14 15 16 17
20,000.00
3,000.00 3,000.00 7,500.00 3,300.00 3,300.00 3,300.00 3,300.00
3,000.00 3,000.00 27,500.00 3,300.00 3,300.00 3,300.00 3,300.00
18 19 20 21 22 23

3,300.00 3,300.00 3,300.00 3,300.00 3,300.00 3,300.00

3,300.00 3,300.00 3,300.00 3,300.00 3,300.00 3,300.00
24 25 26 27 28 29
20,000.00 20,000.00 - -
3,300.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
3,300.00 24,000.00 24,000.00 4,000.00 4,000.00 4,000.00
30 31 32 33 34 35

4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
36 37 38 39 40 41
20,000.00
4,000.00 4,400.00 4,400.00 4,400.00 4,400.00 4,400.00
4,000.00 24,400.00 4,400.00 4,400.00 4,400.00 4,400.00
42 43 44 45 46 47

4,400.00 4,400.00 4,400.00 4,400.00 4,400.00 4,400.00

4,400.00 4,400.00 4,400.00 4,400.00 4,400.00 4,400.00
48 49 50 51 52 53
20,000.00 - -
4,400.00 4,650.00 4,650.00 4,650.00 4,650.00 4,650.00
4,400.00 24,650.00 4,650.00 4,650.00 4,650.00 4,650.00
54 55 56 57 58 59

4,650.00 4,650.00 4,650.00 4,650.00 4,650.00 4,650.00

4,650.00 4,650.00 4,650.00 4,650.00 4,650.00 4,650.00
60

4,650.00
4,650.00
Despesas
Criança Feliz: Mês 1 - Mês 60

Despesas operacionais 1 2
Telefonia, energia elétrica e demais itens de telecomunicações 350.00 350.00
Internet 200.00 200.00
Assessoria jurídica 500.00 500.00
Seguro 3,200.00 3,200.00
Demais despesas de comunicação (folder, cartões, publicações) 2,500.00 2,500.00
Software de escritório 3,000.00 3,000.00
Aluguel/Condomínio (escritório) 3,000.00 3,000.00
Aluguel Galpão 1,800.00 1,800.00
Contador 680.00 680.00
Correios, jornais, revistas etc. 300.00 300.00
Material de Escritório 300.00 300.00
Limpeza e manutenção do escritório 200.00 200.00
Serviço de transporte
Aluguel Acampamento
Viagens e treinamentos 1,000.00 1,000.00
Outros 500.00 500.00
TOTAL 17,530.00 17,530.00

Despesas operacionais Ano 1 Ano 2

Telefonia, energia elétrica e demais itens de telecomunicações 4,200.00 4494.00
Internet 2,400.00 2568.00
Assessoria jurídica 6,000.00 6420.00
Seguro 38,400.00 38624.00
Demais despesas de comunicação (folder, cartões, publicações) 30,000.00 32100.00
Software de escritório 12,000.00 0.00
Aluguel/Condomínio (escritório) 36,000.00 38520.00
Aluguel Galpão 21,600.00 23112.00
Contador 8,160.00 8731.20
Correios, jornais, revistas etc. 3,600.00 3852.00
Material de Escritório 3,600.00 3852.00
Limpeza e manutenção do escritório 2,400.00 2568.00
Serviço de transporte 40,000.00 51360.00
Aluguel Acampamento 270,000.00 346680.00
Viagens e treinamentos 12,000.00 12840.00
Outros 6,000.00 6420.00
TOTAL 496,360.00 582,141.20
 3 4 5 6 7 8 9
350.00 350.00 350.00 350.00 350.00 350.00 350.00
200.00 200.00 200.00 200.00 200.00 200.00 200.00
500.00 500.00 500.00 500.00 500.00 500.00 500.00
3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00
2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00
3,000.00 3,000.00 - - - - -
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00
680.00 680.00 680.00 680.00 680.00 680.00 680.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00
300.00 300.00 300.00 300.00 300.00 300.00 300.00
200.00 200.00 200.00 200.00 200.00 200.00 200.00
4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
27,000.00 27,000.00 27,000.00 27,000.00 27,000.00 27,000.00 27,000.00
1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
500.00 500.00 500.00 500.00 500.00 500.00 500.00
48,530.00 48,530.00 45,530.00 45,530.00 45,530.00 45,530.00 45,530.00

Ano 3 Ano 4 Ano 5

4,808.58 5,145.18 5,505.34
2,747.76 2,940.10 3,145.91
6,869.40 7,350.26 7,864.78
38,624.00 38,624.00 38,624.00
34,347.00 36,751.29 39,323.88
- - -
41,216.40 44,101.55 47,188.66
24,729.84 26,460.93 28,313.19
9,342.38 9,996.35 10,696.10
4,121.64 4,410.15 4,718.87
4,121.64 4,410.15 4,718.87
2,747.76 2,940.10 3,145.91
54,955.20 58,802.06 62,918.21
370,947.60 396,913.93 424,697.91
14,014.30 16,350.26 20,430.00
6,507.15 6,675.13 6,210.00
620,100.65 661,871.46 707,501.61
 10 11 12 13 14 15 16
350.00 350.00 350.00 374.50 374.50 374.50 374.50
200.00 200.00 200.00 214.00 214.00 214.00 214.00
500.00 500.00 500.00 535.00 535.00 535.00 535.00
3,200.00 3,200.00 3,200.00 3424.00 3,200.00 3,200.00 3,200.00
2,500.00 2,500.00 2,500.00 2675.00 2,675.00 2,675.00 2,675.00
- - - 0.00 - - -
3,000.00 3,000.00 3,000.00 3210.00 3,210.00 3,210.00 3,210.00
1,800.00 1,800.00 1,800.00 1926.00 1,926.00 1,926.00 1,926.00
680.00 680.00 680.00 727.60 727.60 727.60 727.60
300.00 300.00 300.00 321.00 321.00 321.00 321.00
300.00 300.00 300.00 321.00 321.00 321.00 321.00
200.00 200.00 200.00 214.00 214.00 214.00 214.00
4,000.00 4,000.00 4,000.00 4280.00 4,280.00 4,280.00 4,280.00
27,000.00 27,000.00 27,000.00 28890.00 28890.00 28890.00 28890.00
1,000.00 1,000.00 1,000.00 1070.00 1,070.00 1,070.00 1,070.00
500.00 500.00 500.00 535.00 535.00 535.00 535.00
45,530.00 45,530.00 45,530.00 48,717.10 48,493.10 48,493.10 48,493.10
 17 18 19 20 21 22 23
374.50 374.50 374.50 374.50 374.50 374.50 374.50
214.00 214.00 214.00 214.00 214.00 214.00 214.00
535.00 535.00 535.00 535.00 535.00 535.00 535.00
3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00
2,675.00 2,675.00 2,675.00 2,675.00 2,675.00 2,675.00 2,675.00
- - - - - - -
3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00
1,926.00 1,926.00 1,926.00 1,926.00 1,926.00 1,926.00 1,926.00
727.60 727.60 727.60 727.60 727.60 727.60 727.60
321.00 321.00 321.00 321.00 321.00 321.00 321.00
321.00 321.00 321.00 321.00 321.00 321.00 321.00
214.00 214.00 214.00 214.00 214.00 214.00 214.00
4,280.00 4,280.00 4,280.00 4,280.00 4,280.00 4,280.00 4,280.00
28890.00 28890.00 28890.00 28890.00 28890.00 28890.00 28890.00
1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00
535.00 535.00 535.00 535.00 535.00 535.00 535.00
48,493.10 48,493.10 48,493.10 48,493.10 48,493.10 48,493.10 48,493.10
 24 25 26 27 28 29 30
374.50 400.72 400.72 400.72 400.72 400.72 400.72
214.00 228.98 228.98 228.98 228.98 228.98 228.98
535.00 572.45 572.45 572.45 572.45 572.45 572.45
3,200.00 3,424.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00
2,675.00 2,862.25 2,862.25 2,862.25 2,862.25 2,862.25 2,862.25
- - - - - - -
3,210.00 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70
1,926.00 2,060.82 2,060.82 2,060.82 2,060.82 2,060.82 2,060.82
727.60 778.53 778.53 778.53 778.53 778.53 778.53
321.00 343.47 343.47 343.47 343.47 343.47 343.47
321.00 343.47 343.47 343.47 343.47 343.47 343.47
214.00 228.98 228.98 228.98 228.98 228.98 228.98
4,280.00 4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,579.60
28,890.00 30,912.30 30,912.30 30,912.30 30,912.30 30,912.30 30,912.30
1,070.00 1,144.90 1,200.00 1,144.90 1,200.00 1,144.90 1,200.00
535.00 572.45 500.00 572.45 500.00 572.45 500.00
48,493.10 51,887.62 51,646.27 51,663.62 51,646.27 51,663.62 51,646.27
 31 32 33 34 35 36 37
400.72 400.72 400.72 400.72 400.72 400.72 428.77
228.98 228.98 228.98 228.98 228.98 228.98 245.01
572.45 572.45 572.45 572.45 572.45 572.45 612.52
3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,424.00
2,862.25 2,862.25 2,862.25 2,862.25 2,862.25 2,862.25 3,062.61
- - - - - - -
3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,675.13
2,060.82 2,060.82 2,060.82 2,060.82 2,060.82 2,060.82 2,205.08
778.53 778.53 778.53 778.53 778.53 778.53 833.03
343.47 343.47 343.47 343.47 343.47 343.47 367.51
343.47 343.47 343.47 343.47 343.47 343.47 367.51
228.98 228.98 228.98 228.98 228.98 228.98 245.01
4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,900.17
30,912.30 30,912.30 30,912.30 30,912.30 30,912.30 30,912.30 33,076.16
1,144.90 1,200.00 1,144.90 1,200.00 1,144.90 1,144.90 1,225.04
572.45 500.00 572.45 500.00 572.45 572.45 612.52
51,663.62 51,646.27 51,663.62 51,646.27 51,663.62 51,663.62 55,280.07
 38 39 40 41 42 43 44
428.77 428.77 428.77 428.77 428.77 428.77 428.77
245.01 245.01 245.01 245.01 245.01 245.01 245.01
612.52 612.52 612.52 612.52 612.52 612.52 612.52
3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00
3,062.61 3,062.61 3,062.61 3,062.61 3,062.61 3,062.61 3,062.61
- - - - - - -
3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13
2,205.08 2,205.08 2,205.08 2,205.08 2,205.08 2,205.08 2,205.08
833.03 833.03 833.03 833.03 833.03 833.03 833.03
367.51 367.51 367.51 367.51 367.51 367.51 367.51
367.51 367.51 367.51 367.51 367.51 367.51 367.51
245.01 245.01 245.01 245.01 245.01 245.01 245.01
4,900.17 4,900.17 4,900.17 4,900.17 4,900.17 4,900.17 4,900.17
33,076.16 33,076.16 33,076.16 33,076.16 33,076.16 33,076.16 33,076.16
1,500.00 1,225.04 1,500.00 1,225.04 1,500.00 1,225.04 1,500.00
500.00 612.52 500.00 612.52 500.00 612.52 500.00
55,218.51 55,056.07 55,218.51 55,056.07 55,218.51 55,056.07 55,218.51
 45 46 47 48 49 50 51
428.77 428.77 428.77 428.77 458.78 458.78 458.78
245.01 245.01 245.01 245.01 262.16 262.16 262.16
612.52 612.52 612.52 612.52 655.40 655.40 655.40
3,200.00 3,200.00 3,200.00 3,200.00 3,424.00 3,200.00 3,200.00
3,062.61 3,062.61 3,062.61 3,062.61 3,276.99 3,276.99 3,276.99
- - - - - - -
3,675.13 3,675.13 3,675.13 3,675.13 3,932.39 3,932.39 3,932.39
2,205.08 2,205.08 2,205.08 2,205.08 2,359.43 2,359.43 2,359.43
833.03 833.03 833.03 833.03 891.34 891.34 891.34
367.51 367.51 367.51 367.51 393.24 393.24 393.24
367.51 367.51 367.51 367.51 393.24 393.24 393.24
245.01 245.01 245.01 245.01 262.16 262.16 262.16
4,900.17 4,900.17 4,900.17 4,900.17 5,243.18 5,243.18 5,243.18
33,076.16 33,076.16 33,076.16 33,076.16 35,391.49 35,391.49 35,391.49
1,225.04 1,500.00 1,225.04 1,500.00 1,605.00 1,800.00 1,605.00
612.52 500.00 612.52 500.00 535.00 500.00 535.00
55,056.07 55,218.51 55,056.07 55,218.51 59,083.80 59,019.80 58,859.80
 52 53 54 55 56 57 58
458.78 458.78 458.78 458.78 458.78 458.78 458.78
262.16 262.16 262.16 262.16 262.16 262.16 262.16
655.40 655.40 655.40 655.40 655.40 655.40 655.40
3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00
3,276.99 3,276.99 3,276.99 3,276.99 3,276.99 3,276.99 3,276.99
- - - - - - -
3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39
2,359.43 2,359.43 2,359.43 2,359.43 2,359.43 2,359.43 2,359.43
891.34 891.34 891.34 891.34 891.34 891.34 891.34
393.24 393.24 393.24 393.24 393.24 393.24 393.24
393.24 393.24 393.24 393.24 393.24 393.24 393.24
262.16 262.16 262.16 262.16 262.16 262.16 262.16
5,243.18 5,243.18 5,243.18 5,243.18 5,243.18 5,243.18 5,243.18
35,391.49 35,391.49 35,391.49 35,391.49 35,391.49 35,391.49 35,391.49
1,800.00 1,605.00 1,800.00 1,605.00 1,800.00 1,605.00 1,800.00
500.00 535.00 500.00 535.00 500.00 535.00 500.00
59,019.80 58,859.80 59,019.80 58,859.80 59,019.80 58,859.80 59,019.80
 59 60
458.78 458.78
262.16 262.16
655.40 655.40
3,200.00 3,200.00
3,276.99 3,276.99
- -
3,932.39 3,932.39
2,359.43 2,359.43
891.34 891.34
393.24 393.24
393.24 393.24
262.16 262.16
5,243.18 5,243.18
35,391.49 35,391.49
1,605.00 1,800.00
535.00 500.00
58,859.80 59,019.80
Custos
Criança Feliz: Mês 1 - Mês 60

Custos de desenvolvimento e gestão 1 2

Agência web (desenvolvimento e manutenção do website) 8,000.00 1,000.00
Publicidade e promoções 15,000.00 15,000.00
Telemarketing ativo (terceirizado) 3,600.00 3,600.00
Hospedagem do website 560.00 560.00
Outros serviços de terceiros 1,000.00 1,000.00
Monitores
TOTAL 28,160.00 21,160.00

Custos de desenvolvimento e gestão Ano 1 Ano 2

Agência web (desenvolvimento e manutenção do website) 19,000.00 12,840.00
Publicidade e promoções 120,000.00 192,600.00
Telemarketing ativo (terceirizado) 43,200.00 46,224.00
Hospedagem do website 6,720.00 7,190.40
Outros serviços de terceiros
Monitores 194,285.71 299,355.43
TOTAL 383,205.71 558,209.83
 3 4 5 6 7 8 9
1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
15,000.00 15,000.00 15,000.00 15,000.00 3,000.00 3,000.00 3,000.00
3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
560.00 560.00 560.00 560.00 560.00 560.00 560.00
1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
19,428.57 19,428.57 19,428.57 19,428.57 19,428.57 19,428.57 19,428.57
40,588.57 40,588.57 40,588.57 40,588.57 28,588.57 28,588.57 28,588.57

Ano 3 Ano 4 Ano 5

13,738.80 14,700.52 15,729.55
206,082.00 220,507.74 235,943.28
49,459.68 52,921.86 56,626.39
7,693.73 8,232.29 8,808.55

345,935.13 399,762.64 473,514.85

622,909.34 696,125.04 790,622.62
 1.5 1.5 0.75 0.75
10 11 12 13 14 15 16
1,000.00 1,000.00 1,000.00 1,070.00 1,070.00 1,070.00 1,070.00
3,000.00 3,000.00 15,000.00 16,050.00 16,050.00 16,050.00 16,050.00
3,600.00 3,600.00 3,600.00 3,852.00 3,852.00 3,852.00 3,852.00
560.00 560.00 560.00 599.20 599.20 599.20 599.20
1,000.00 1,000.00 1,000.00 1,070.00 1,070.00 1,070.00 1,070.00
19,428.57 19,428.57 19,428.57 14,967.77 14,967.77 29,935.54 29,935.54
28,588.57 28,588.57 40,588.57 37,608.97 37,608.97 52,576.74 52,576.74
 0.75 0.75 0.5 1 1 1 1
17 18 19 20 21 22 23
1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00
16,050.00 16,050.00 16,050.00 16,050.00 16,050.00 16,050.00 16,050.00
3,852.00 3,852.00 3,852.00 3,852.00 3,852.00 3,852.00 3,852.00
599.20 599.20 599.20 599.20 599.20 599.20 599.20
1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00 1,070.00
29,935.54 29,935.54 44,903.31 22,451.66 22,451.66 22,451.66 22,451.66
52,576.74 52,576.74 67,544.51 45,092.86 45,092.86 45,092.86 45,092.86
 1.5 1.5 1.5 0.75 0.75 0.75
24 25 26 27 28 29
1,070.00 1,144.90 1,144.90 1,144.90 1,144.90 1,144.90
16,050.00 17,173.50 17,173.50 17,173.50 17,173.50 17,173.50
3,852.00 4,121.64 4,121.64 4,121.64 4,121.64 4,121.64
599.20 641.14 641.14 641.14 641.14 641.14
1,070.00 1,144.90 1,144.90 1,144.90 1,144.90 1,144.90
14,967.77 17,296.76 17,296.76 34,593.51 34,593.51 34,593.51
37,608.97 41,522.84 41,522.84 58,819.60 58,819.60 58,819.60
 0.75 0.5 1 1 1 1
30 31 32 33 34 35
1,144.90 1,144.90 1,144.90 1,144.90 1,144.90 1,144.90
17,173.50 17,173.50 17,173.50 17,173.50 17,173.50 17,173.50
4,121.64 4,121.64 4,121.64 4,121.64 4,121.64 4,121.64
641.14 641.14 641.14 641.14 641.14 641.14
1,144.90 1,144.90 1,144.90 1,144.90 1,144.90 1,144.90
34,593.51 51,890.27 25,945.13 25,945.13 25,945.13 25,945.13
58,819.60 76,116.35 50,171.22 50,171.22 50,171.22 50,171.22
 1.5 1.5 1.5 0.75 0.75 0.75
36 37 38 39 40 41
1,144.90 1,225.04 1,225.04 1,225.04 1,225.04 1,225.04
17,173.50 18,375.65 18,375.65 18,375.65 18,375.65 18,375.65
4,121.64 4,410.15 4,410.15 4,410.15 4,410.15 4,410.15
641.14 686.02 686.02 686.02 686.02 686.02
1,144.90 1,225.04 1,225.04 1,225.04 1,225.04 1,225.04
17,296.76 19,988.13 19,988.13 39,976.26 39,976.26 39,976.26
41,522.84 45,910.04 45,910.04 65,898.17 65,898.17 65,898.17
 0.75 0.5 1 1 1 1
42 43 44 45 46 47
1,225.04 1,225.04 1,225.04 1,225.04 1,225.04 1,225.04
18,375.65 18,375.65 18,375.65 18,375.65 18,375.65 18,375.65
4,410.15 4,410.15 4,410.15 4,410.15 4,410.15 4,410.15
686.02 686.02 686.02 686.02 686.02 686.02
1,225.04 1,225.04 1,225.04 1,225.04 1,225.04 1,225.04
39,976.26 59,964.40 29,982.20 29,982.20 29,982.20 29,982.20
65,898.17 85,886.31 55,904.11 55,904.11 55,904.11 55,904.11
 1.5 1.5 1.5 0.75 0.75 0.75
48 49 50 51 52 53
1,225.04 1,310.80 1,310.80 1,310.80 1,310.80 1,310.80
18,375.65 19,661.94 19,661.94 19,661.94 19,661.94 19,661.94
4,410.15 4,718.87 4,718.87 4,718.87 4,718.87 4,718.87
686.02 734.05 734.05 734.05 734.05 734.05
1,225.04 1,310.80 1,310.80 1,310.80 1,310.80 1,310.80
19,988.13 23,098.29 23,098.29 46,196.57 46,196.57 46,196.57
45,910.04 50,834.73 50,834.73 73,933.01 73,933.01 73,933.01
 0.75 0.5 1 1 1 1
54 55 56 57 58 59
1,310.80 1,310.80 1,310.80 1,310.80 1,310.80 1,310.80
19,661.94 19,661.94 19,661.94 19,661.94 19,661.94 19,661.94
4,718.87 4,718.87 4,718.87 4,718.87 4,718.87 4,718.87
734.05 734.05 734.05 734.05 734.05 734.05
1,310.80 1,310.80 1,310.80 1,310.80 1,310.80 1,310.80
46,196.57 69,294.86 34,647.43 34,647.43 34,647.43 34,647.43
73,933.01 97,031.30 62,383.87 62,383.87 62,383.87 62,383.87
 1.5
60
1,310.80
19,661.94
4,718.87
734.05
1,310.80
34,647.43
62,383.87
Salário dos Funcionários
Criança Feliz : Mês 1 - Mês 60 7%
Valores em R$

mês1 mês 2 mês3

QUADRO DE FUNCIONÁRIOS
Diretoria
Administrativa(pro-labore) 1 1 1
Comercial e Marketing( pro-labore) 1 1 1
Educacional(pro-labore) 1 1 1
Gerente
Operações 1 1 1
Operacional - - -
Educadores 3 3 3
Assistente 1 1 1
SALÁRIOS (já com ENCARGOS/BENEFÍCIOS)
Diretoria
Administrativa(pro-labore) 8,400.00 8,400.00 8,400.00
Comercial e Marketing( pro-labore) 8,400.00 8,400.00 8,400.00
Educacional(pro-labore) 8,400.00 8,400.00 8,400.00
Gerente
Operações 10,800.00 10,800.00 10,800.00
Operacional
Educadores 4,000.00 4,000.00 4,000.00
Assistente 3,000.00 3,000.00 3,000.00
GASTOS TOTAIS COM SALÁRIOS/BENEFÍCIOS
Diretoria
Administrativa(pro-labore) 8,400 8,400 8,400
Comercial e Marketing( pro-labore) 8,400 8,400 8,400
Educacional(pro-labore) 8,400 8,400 8,400
Gerente
Operações 10,800 10,800 10,800
Operacional
Educadores 12,000 12,000 12,000
Assistente 3,000 3,000 3,000
GASTOS TOTAIS COM FUNCIONÁRIOS $ 51,000.00 $ 51,000.00 $ 51,000.00

GASTOS TOTAIS COM SALÁRIOS/BENEFÍCIOS Ano 1 Ano 2 Ano 3

Diretoria
Administrativa 100,800 107,856 115,406
Comercial e Marketing 100,800 107,856 115,406
Educacional 100,800 107,856 115,406
Gerente 0 0 0
Operações 129,600 138,672 148,379
Operacional 0 0 0
Educadores 144,000 154,080 164,866
Assistente 36,000 38,520 41,216
GASTOS TOTAIS COM FUNCIONÁRIOS $ 612,000.00 $ 654,840.00 $ 700,678.80

QUANTIDADE DE FUNCIONÁRIOS Ano 1 Ano 2 Ano 3

Diretoria
Administrativa(pro labore) 1 1 1
Comercial e Marketing(pro labore) 1 1 1
 Educacional(labore) 1 1 1
Gerente
Operações 1 1 2
Operacional
Educadores 3 3 4
Assistente 1 1 2
TOTAL DE FUNCIONÁRIOS 8 8 11
 mês4 mês5 mês6 mês7 mês8 mês9 mês10

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

1 1 1 1 1 1 1
- - - - - - -
3 3 3 3 3 3 3
1 1 1 1 1 1 1

8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00

8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00
8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00

10,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00 10,800.00

4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00

3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00

8,400 8,400 8,400 8,400 8,400 8,400 8,400

8,400 8,400 8,400 8,400 8,400 8,400 8,400
8,400 8,400 8,400 8,400 8,400 8,400 8,400

10,800 10,800 10,800 10,800 10,800 10,800 10,800

12,000 12,000 12,000 12,000 12,000 12,000 12,000

3,000 3,000 3,000 3,000 3,000 3,000 3,000
$ 51,000.00 $ 51,000.00 $ 51,000.00 $ 51,000.00 $ 51,000.00 $ 51,000.00 $ 51,000.00

Ano 4 Ano 5

123,484 132,128 7%
123,484 132,128
123,484 132,128
0 0 4367.48854404
158,766 169,879 2802.76197505
0 0 10587.2201599
176,406 188,755 11665.2871104
44,102 47,189 11665.2871104
$ 749,726.32 $ 802,207.16

Ano 4 Ano 5

1 1
1 1
1 1

2 2

4 4
2 2
11 11
 mês11 mês12 mês13 mês14 mês15 mês16 mês17

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

1 1 1 1 1 1 1
- - - - - - -
3 3 3 3 3 3 3
1 1 1 1 1 1 1

8,400.00 8,400.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00

8,400.00 8,400.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,400.00 8,400.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
0.00 0.00 0.00 0.00 0.00
10,800.00 10,800.00 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
0.00 0.00 0.00 0.00 0.00
4,000.00 4,000.00 4,280.00 4,280.00 4,280.00 4,280.00 4,280.00
3,000.00 3,000.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
8,400 8,400 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,400 8,400 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,400 8,400 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
0.00 0.00 0.00 0.00
10,800 10,800 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
0.00 0.00 0.00 0.00
12,000 12,000 12,840.00 12,840.00 12,840.00 12,840.00 12,840.00
3,000 3,000 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00
$ 51,000.00 $ 51,000.00 $ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00
 mês18 mês19 mês20 mês21 mês22 mês23 mês24

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

1 1 1 1 1 1 1
- - - - - - -
3 3 3 3 3 3 3
1 1 1 1 1 1 1

8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00

8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
11,556.00 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
4,280.00 4,280.00 4,280.00 4,280.00 4,280.00 4,280.00 4,280.00
3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00
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
8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00 8,988.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
11,556.00 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
12,840.00 12,840.00 12,840.00 12,840.00 12,840.00 12,840.00 12,840.00
3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00 3,210.00
$ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00 $ 54,570.00
 mês25 mês26 mês27 mês28 mês29 mês30 mês31

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

2 2 2 2 2 2 2
- - - - - - -
4 4 4 4 4 4 4
2 2 2 2 2 2 2

9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16

9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16
0.00 0.00 0.00 0.00 0.00 0.00 0.00
12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 12,364.92
0.00 0.00 0.00 0.00 0.00 0.00 0.00
4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,579.60
3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 9,617.16
0.00 0.00 0.00 0.00 0.00 0.00
12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 12,364.92
0.00 0.00 0.00 0.00 0.00 0.00
13,738.80 13,738.80 13,738.80 13,738.80 13,738.80 13,738.80 13,738.80
3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,434.70
$ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90
 mês32 mês33 mês34 mês35 mês36 mês37 mês38

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

2 2 2 2 2 2 2
- - - - - - -
4 4 4 4 4 4 4
2 2 2 2 2 2 2

9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36

9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36
0.00 0.00 0.00 0.00 0.00 0.00 0.00
12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 13,230.46 13,230.46
0.00 0.00 0.00 0.00 0.00 0.00 0.00
4,579.60 4,579.60 4,579.60 4,579.60 4,579.60 4,900.17 4,900.17
3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,675.13 3,675.13
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36
9,617.16 9,617.16 9,617.16 9,617.16 9,617.16 10,290.36 10,290.36
0.00 0.00 0.00 0.00 0.00 0.00
12,364.92 12,364.92 12,364.92 12,364.92 12,364.92 13,230.46 13,230.46
0.00 0.00 0.00 0.00 0.00 0.00
13,738.80 13,738.80 13,738.80 13,738.80 13,738.80 14,700.52 14,700.52
3,434.70 3,434.70 3,434.70 3,434.70 3,434.70 3,675.13 3,675.13
$ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90 $ 58,389.90 $ 62,477.19 $ 62,477.19
 mês39 mês40 mês41 mês42 mês43 mês44 mês45

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

2 2 2 2 2 2 2
- - - - - - -
4 4 4 4 4 4 4
2 2 2 2 2 2 2

10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36

10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36
10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36
0.00 0.00 0.00 0.00 0.00 0.00 0.00
13,230.46 13,230.46 13,230.46 13,230.46 13,230.46 13,230.46 13,230.46
0.00 0.00 0.00 0.00 0.00 0.00 0.00
4,900.17 4,900.17 4,900.17 4,900.17 4,900.17 4,900.17 4,900.17
3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13
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
10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36
10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36
10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36 10,290.36
0.00 0.00 0.00 0.00 0.00 0.00 0.00
13,230.46 13,230.46 13,230.46 13,230.46 13,230.46 13,230.46 13,230.46
0.00 0.00 0.00 0.00 0.00 0.00 0.00
14,700.52 14,700.52 14,700.52 14,700.52 14,700.52 14,700.52 14,700.52
3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13 3,675.13
$ 62,477.19 $ 62,477.19 $ 62,477.19 $ 62,477.19 $ 62,477.19 $ 62,477.19 $ 62,477.19
 mês46 mês47 mês48 mês49 mês50 mês51 mês52

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

2 2 2 2 2 2 2
- - - - - - -
4 4 4 4 4 4 4
2 2 2 2 2 2 2

10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69

10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69
10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69
0.00 0.00 0.00 0.00 0.00 0.00 0.00
13,230.46 13,230.46 13,230.46 14,156.60 14,156.60 14,156.60 14,156.60
0.00 0.00 0.00 0.00 0.00 0.00 0.00
4,900.17 4,900.17 4,900.17 5,243.18 5,243.18 5,243.18 5,243.18
3,675.13 3,675.13 3,675.13 3,932.39 3,932.39 3,932.39 3,932.39
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69
10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69
10,290.36 10,290.36 10,290.36 11,010.69 11,010.69 11,010.69 11,010.69
0.00 0.00 0.00 0.00 0.00 0.00
13,230.46 13,230.46 13,230.46 14,156.60 14,156.60 14,156.60 14,156.60
0.00 0.00 0.00 0.00 0.00 0.00
14,700.52 14,700.52 14,700.52 15,729.55 15,729.55 15,729.55 15,729.55
3,675.13 3,675.13 3,675.13 3,932.39 3,932.39 3,932.39 3,932.39
$ 62,477.19 $ 62,477.19 $ 62,477.19 $ 66,850.60 $ 66,850.60 $ 66,850.60 $ 66,850.60
 mês53 mês54 mês55 mês56 mês57 mês58 mês59

1 1 1 1 1 1 1
1 1 1 1 1 1 1
1 1 1 1 1 1 1

2 2 2 2 2 2 2
- - - - - - -
4 4 4 4 4 4 4
2 2 2 2 2 2 2

11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69

11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69
11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69
0.00 0.00 0.00 0.00 0.00 0.00 0.00
14,156.60 14,156.60 14,156.60 14,156.60 14,156.60 14,156.60 14,156.60
0.00 0.00 0.00 0.00 0.00 0.00 0.00
5,243.18 5,243.18 5,243.18 5,243.18 5,243.18 5,243.18 5,243.18
3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39
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
11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69
11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69
11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69 11,010.69
0.00 0.00 0.00 0.00 0.00 0.00 0.00
14,156.60 14,156.60 14,156.60 14,156.60 14,156.60 14,156.60 14,156.60
0.00 0.00 0.00 0.00 0.00 0.00 0.00
15,729.55 15,729.55 15,729.55 15,729.55 15,729.55 15,729.55 15,729.55
3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39 3,932.39
$ 66,850.60 $ 66,850.60 $ 66,850.60 $ 66,850.60 $ 66,850.60 $ 66,850.60 $ 66,850.60
 mês60

1
1
1

2
-
4
2

11,010.69
11,010.69
11,010.69
0.00
14,156.60
0.00
5,243.18
3,932.39
0.00
0.00
11,010.69
11,010.69
11,010.69
0.00
14,156.60
0.00
15,729.55
3,932.39
$ 66,850.60
Resultados
Criança Feliz: Mês 1 - Mês 60

Receita 1 2
Lobo - -
Guepardo - -
Leão - -
Escola - 14,400.00
Receita total bruta - 14,400.00
Impostos sobre a receita bruta - 1,245.60
Receita líquida - 13,154.40
Custos 28,160.00 21,160.00
Investimentos na infra-estrutura 65,000.00 27,500.00
Despesas 17,530.00 17,530.00
Funcionários 51,000.00 51,000.00
Lucro Bruto (161,690.00) (104,035.60)
IR - -
CSLL - -
Lucro Líquido R$ (161,690.00) R$ (104,035.60)

Caixa Acumulado [R$] R$ (161,690.00) R$ (265,725.60)

Resultados Anuais Ano 1 Ano 2

Lobo R$ 496,800.00 R$ 998,438.40
Guepardo R$ 331,200.00 R$ 665,625.60
Leão R$ 144,000.00 R$ 221,875.20
Escola R$ 374,400.00 R$ 732,188.16
Receita total bruta R$ 1,346,400.00 R$ 2,618,127.36
Impostos sobre a receita bruta R$ 116,463.60 R$ 226,468.02
Receita líquida R$ 1,229,936.40 R$ 2,391,659.34
Custos R$ 395,205.71 R$ 571,049.83
Investimentos na infra-estrutura R$ 171,500.00 R$ 63,800.00
Despesas R$ 496,360.00 R$ 582,141.20
Funcionários R$ 612,000.00 R$ 654,840.00
Lucro Bruto R$ (445,129.31) R$ 519,828.31
IR R$ (31,735.54) R$ (156,635.09)
CSLL R$ (11,424.80) R$ (56,388.63)
Lucro Anual R$ (488,289.65) R$ 306,804.59
Taxa de desconto 13%
VPL R$ 963,458.27
APORTE R$ 572,071.49 equivale à máxima exposição do caixa (mês 6)
TIR 81% após 5 anos
Pre-money valuation R$ 963,458.27
Post-money valuation R$ 1,535,529.76
Contrapartida ao investidor 37%

Caixa Acumulado [R$]

 Caixa Acumulado [R$]

$2,000,000

$1,750,000

$1,500,000

$1,250,000

$1,000,000

$750,000

$500,000

$250,000

$0
R$ 161.690,00
1
3
5
7
9
11
13
15
17
19
21
23
25
27
29
31
33
35
37
39
41
-$250,000

-$500,000
R$ 572.071,49
-$750,000
 3 4 5 6
21,600.00 21,600.00 32,400.00 32,400.00
14,400.00 14,400.00 21,600.00 21,600.00
14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 21,600.00 21,600.00 43,200.00
64,800.00 72,000.00 90,000.00 111,600.00
5,605.20 6,228.00 7,785.00 9,653.40
59,194.80 65,772.00 82,215.00 101,946.60
40,588.57 40,588.57 40,588.57 40,588.57
27,500.00 27,500.00 3,000.00 3,000.00
48,530.00 48,530.00 45,530.00 45,530.00
51,000.00 51,000.00 51,000.00 51,000.00
(108,423.77) (101,846.57) (57,903.57) (38,171.97)
- - - -
- - - -
R$ (108,423.77) R$ (101,846.57) R$ (57,903.57) R$ (38,171.97)

R$ (374,149.37) R$ (475,995.94) R$ (533,899.51) R$ (572,071.49)

Ano 3 Ano 4 Ano 5

R$ 1,153,795.42 R$ 1,333,325.98 R$ 1,540,791.50
R$ 769,196.94 R$ 888,883.99 R$ 1,027,194.34
R$ 256,398.98 R$ 296,294.66 R$ 342,398.11
R$ 846,116.64 R$ 977,772.39 R$ 1,129,913.77
R$ 3,025,507.98 R$ 3,496,277.02 R$ 4,040,297.72
R$ 261,706.44 R$ 302,427.96 R$ 349,485.75
R$ 2,763,801.54 R$ 3,193,849.06 R$ 3,690,811.97
R$ 636,648.14 R$ 710,825.56 R$ 806,352.17
R$ 88,000.00 R$ 72,800.00 R$ 75,800.00
R$ 620,100.65 R$ 661,871.46 R$ 707,501.61
R$ 700,678.80 R$ 749,726.32 R$ 802,207.16
R$ 718,373.94 R$ 998,625.73 R$ 1,298,951.03
R$ (205,319.84) R$ (263,951.77) R$ (333,770.72)
R$ (73,915.14) R$ (95,022.64) R$ (120,157.46)
R$ 439,138.96 R$ 639,651.32 R$ 845,022.85

máxima exposição do caixa (mês 6)

cumulado [R$]
27
29
31
33 cumulado [R$]
35
37
39
41
43
45
47
49
51
53
55
57
59
 7 8 9 10
64,800.00 64,800.00 64,800.00 64,800.00
43,200.00 43,200.00 43,200.00 43,200.00
14,400.00 14,400.00 14,400.00 14,400.00
43,200.00 43,200.00 43,200.00 43,200.00
165,600.00 165,600.00 165,600.00 165,600.00
14,324.40 14,324.40 14,324.40 14,324.40
151,275.60 151,275.60 151,275.60 151,275.60
28,588.57 28,588.57 28,588.57 28,588.57
3,000.00 3,000.00 3,000.00 3,000.00
45,530.00 45,530.00 45,530.00 45,530.00
51,000.00 51,000.00 51,000.00 51,000.00
23,157.03 23,157.03 23,157.03 23,157.03
(5,789.26) (5,789.26) (5,789.26) (5,789.26)
(2,084.13) (2,084.13) (2,084.13) (2,084.13)
R$ 15,283.64 R$ 15,283.64 R$ 15,283.64 R$ 15,283.64

R$ (556,787.85) R$ (541,504.21) R$ (526,220.57) R$ (510,936.93)

 11 12 13 14
64,800.00 64,800.00 49,921.92 49,921.92
43,200.00 43,200.00 33,281.28 33,281.28
14,400.00 14,400.00 11,093.76 11,093.76
43,200.00 43,200.00 33,281.28 33,281.28
165,600.00 165,600.00 127,578.24 127,578.24
14,324.40 14,324.40 11,035.52 11,035.52
151,275.60 151,275.60 116,542.72 116,542.72
28,588.57 40,588.57 37,608.97 37,608.97
3,000.00 3,000.00 27,500.00 3,300.00
45,530.00 45,530.00 48,717.10 48,493.10
51,000.00 51,000.00 54,570.00 54,570.00
23,157.03 11,157.03 (51,853.35) (27,429.35)
(5,789.26) (2,789.26) - -
(2,084.13) (1,004.13) - -
R$ 15,283.64 R$ 7,363.64 R$ (51,853.35) R$ (27,429.35)

R$ (495,653.29) R$ (488,289.65) R$ (540,143.00) R$ (567,572.35)

 15 16 17 18
99,843.84 99,843.84 99,843.84 99,843.84
66,562.56 66,562.56 66,562.56 66,562.56
22,187.52 22,187.52 22,187.52 22,187.52
49,921.92 99,843.84 99,843.84 49,921.92
238,515.84 288,437.76 288,437.76 238,515.84
20,631.62 24,949.87 24,949.87 20,631.62
217,884.22 263,487.89 263,487.89 217,884.22
52,576.74 52,576.74 52,576.74 52,576.74
3,300.00 3,300.00 3,300.00 3,300.00
48,493.10 48,493.10 48,493.10 48,493.10
54,570.00 54,570.00 54,570.00 54,570.00
58,944.38 104,548.05 104,548.05 58,944.38
(14,736.09) (26,137.01) (26,137.01) (14,736.09)
(5,304.99) (9,409.32) (9,409.32) (5,304.99)
R$ 38,903.29 R$ 69,001.71 R$ 69,001.71 R$ 38,903.29

R$ (528,669.06) R$ (459,667.35) R$ (390,665.63) R$ (351,762.35)

 19 20 21 22
149,765.76 74,882.88 74,882.88 74,882.88
99,843.84 49,921.92 49,921.92 49,921.92
33,281.28 16,640.64 16,640.64 16,640.64
33,281.28 99,843.84 49,921.92 49,921.92
316,172.16 241,289.28 191,367.36 191,367.36
27,348.89 20,871.52 16,553.28 16,553.28
288,823.27 220,417.76 174,814.08 174,814.08
67,544.51 45,092.86 45,092.86 45,092.86
3,300.00 3,300.00 3,300.00 3,300.00
48,493.10 48,493.10 48,493.10 48,493.10
54,570.00 54,570.00 54,570.00 54,570.00
114,915.65 68,961.80 23,358.13 23,358.13
(28,728.91) (17,240.45) (5,839.53) (5,839.53)
(10,342.41) (6,206.56) (2,102.23) (2,102.23)
R$ 75,844.33 R$ 45,514.79 R$ 15,416.36 R$ 15,416.36

R$ (275,918.01) R$ (230,403.23) R$ (214,986.86) R$ (199,570.50)

 23 24 25 26
74,882.88 49,921.92 57,689.77 57,689.77
49,921.92 33,281.28 38,459.85 38,459.85
16,640.64 11,093.76 12,819.95 12,819.95
99,843.84 33,281.28 38,459.85 38,459.85
241,289.28 127,578.24 147,429.41 147,429.41
20,871.52 11,035.52 12,752.64 12,752.64
220,417.76 116,542.72 134,676.77 134,676.77
45,092.86 37,608.97 41,522.84 41,522.84
3,300.00 3,300.00 24,000.00 24,000.00
48,493.10 48,493.10 51,887.62 51,646.27
54,570.00 54,570.00 58,389.90 58,389.90
68,961.80 (27,429.35) (41,123.59) (40,882.24)
(17,240.45) - - -
(6,206.56) - - -
R$ 45,514.79 R$ (27,429.35) R$ (41,123.59) R$ (40,882.24)

R$ (154,055.71) R$ (181,485.06) R$ (222,608.65) R$ (263,490.89)

 27 28 29 30 31
115,379.54 115,379.54 115,379.54 115,379.54 173,069.31
76,919.69 76,919.69 76,919.69 76,919.69 115,379.54
25,639.90 25,639.90 25,639.90 25,639.90 38,459.85
57,689.77 115,379.54 115,379.54 57,689.77 38,459.85
275,628.90 333,318.68 333,318.68 275,628.90 365,368.55
23,841.90 28,832.07 28,832.07 23,841.90 31,604.38
251,787.00 304,486.61 304,486.61 251,787.00 333,764.17
58,819.60 58,819.60 58,819.60 58,819.60 76,116.35
4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
51,663.62 51,646.27 51,663.62 51,646.27 51,663.62
58,389.90 58,389.90 58,389.90 58,389.90 58,389.90
78,913.89 131,630.85 131,613.50 78,931.24 143,594.30
(19,728.47) (32,907.71) (32,903.37) (19,732.81) (35,898.57)
(7,102.25) (11,846.78) (11,845.21) (7,103.81) (12,923.49)
R$ 52,083.17 R$ 86,876.36 R$ 86,864.91 R$ 52,094.62 R$ 94,772.24

R$ (211,407.72) R$ (124,531.36) R$ (37,666.45) R$ 14,428.16 R$ 109,200.40

 32 33 34 35
86,534.66 86,534.66 86,534.66 86,534.66
57,689.77 57,689.77 57,689.77 57,689.77
19,229.92 19,229.92 19,229.92 19,229.92
115,379.54 57,689.77 57,689.77 115,379.54
278,833.89 221,144.12 221,144.12 278,833.89
24,119.13 19,128.97 19,128.97 24,119.13
254,714.76 202,015.15 202,015.15 254,714.76
50,171.22 50,171.22 50,171.22 50,171.22
4,000.00 4,000.00 4,000.00 4,000.00
51,646.27 51,663.62 51,646.27 51,663.62
58,389.90 58,389.90 58,389.90 58,389.90
90,507.37 37,790.42 37,807.77 90,490.02
(22,626.84) (9,447.60) (9,451.94) (22,622.51)
(8,145.66) (3,401.14) (3,402.70) (8,144.10)
R$ 59,734.87 R$ 24,941.68 R$ 24,953.13 R$ 59,723.42

R$ 168,935.27 R$ 193,876.94 R$ 218,830.07 R$ 278,553.49

 36 37 38 39
57,689.77 66,666.30 66,666.30 133,332.60
38,459.85 44,444.20 44,444.20 88,888.40
12,819.95 14,814.73 14,814.73 29,629.47
38,459.85 44,444.20 44,444.20 66,666.30
147,429.41 170,369.43 170,369.43 318,516.76
12,752.64 14,736.96 14,736.96 27,551.70
134,676.77 155,632.48 155,632.48 290,965.06
41,522.84 45,910.04 45,910.04 65,898.17
4,000.00 24,400.00 4,400.00 4,400.00
51,663.62 55,280.07 55,218.51 55,056.07
58,389.90 62,477.19 62,477.19 62,477.19
(20,899.59) (32,434.83) (12,373.27) 103,133.63
- - - (25,783.41)
- - - (9,282.03)
R$ (20,899.59) R$ (32,434.83) R$ (12,373.27) R$ 68,068.19

R$ 257,653.90 R$ 225,219.07 R$ 212,845.80 R$ 280,914.00

 40 41 42 43
133,332.60 133,332.60 133,332.60 199,998.90
88,888.40 88,888.40 88,888.40 133,332.60
29,629.47 29,629.47 29,629.47 44,444.20
133,332.60 133,332.60 66,666.30 44,444.20
385,183.06 385,183.06 318,516.76 422,219.89
33,318.33 33,318.33 27,551.70 36,522.02
351,864.73 351,864.73 290,965.06 385,697.87
65,898.17 65,898.17 65,898.17 85,886.31
4,400.00 4,400.00 4,400.00 4,400.00
55,218.51 55,056.07 55,218.51 55,056.07
62,477.19 62,477.19 62,477.19 62,477.19
163,870.85 164,033.29 102,971.19 177,878.30
(40,967.71) (41,008.32) (25,742.80) (44,469.58)
(14,748.38) (14,763.00) (9,267.41) (16,009.05)
R$ 108,154.76 R$ 108,261.97 R$ 67,960.99 R$ 117,399.68

R$ 389,068.76 R$ 497,330.73 R$ 565,291.72 R$ 682,691.40

 44 45 46 47
99,999.45 99,999.45 99,999.45 99,999.45
66,666.30 66,666.30 66,666.30 66,666.30
22,222.10 22,222.10 22,222.10 22,222.10
133,332.60 66,666.30 66,666.30 133,332.60
322,220.45 255,554.15 255,554.15 322,220.45
27,872.07 22,105.43 22,105.43 27,872.07
294,348.38 233,448.71 233,448.71 294,348.38
55,904.11 55,904.11 55,904.11 55,904.11
4,400.00 4,400.00 4,400.00 4,400.00
55,218.51 55,056.07 55,218.51 55,056.07
62,477.19 62,477.19 62,477.19 62,477.19
116,348.57 55,611.34 55,448.91 116,511.01
(29,087.14) (13,902.84) (13,862.23) (29,127.75)
(10,471.37) (5,005.02) (4,990.40) (10,485.99)
R$ 76,790.06 R$ 36,703.49 R$ 36,596.28 R$ 76,897.26

R$ 759,481.45 R$ 796,184.94 R$ 832,781.22 R$ 909,678.48

 48 49 50 51
66,666.30 77,039.58 77,039.58 154,079.15
44,444.20 51,359.72 51,359.72 102,719.43
14,814.73 17,119.91 17,119.91 34,239.81
44,444.20 51,359.72 51,359.72 77,039.58
170,369.43 196,878.91 196,878.91 368,077.97
14,736.96 17,030.03 17,030.03 31,838.74
155,632.48 179,848.89 179,848.89 336,239.23
45,910.04 50,834.73 50,834.73 73,933.01
4,400.00 24,650.00 4,650.00 4,650.00
55,218.51 59,083.80 59,019.80 58,859.80
62,477.19 66,850.60 66,850.60 66,850.60
(12,373.27) (21,570.24) (1,506.24) 131,945.81
- - - (32,986.45)
- - - (11,875.12)
R$ (12,373.27) R$ (21,570.24) R$ (1,506.24) R$ 87,084.24

R$ 897,305.22 R$ 875,734.98 R$ 874,228.74 R$ 961,312.98

 52 53 54 55
154,079.15 154,079.15 154,079.15 231,118.73
102,719.43 102,719.43 102,719.43 154,079.15
34,239.81 34,239.81 34,239.81 51,359.72
154,079.15 154,079.15 77,039.58 51,359.72
445,117.55 445,117.55 368,077.97 487,917.31
38,502.67 38,502.67 31,838.74 42,204.85
406,614.88 406,614.88 336,239.23 445,712.46
73,933.01 73,933.01 73,933.01 97,031.30
4,650.00 4,650.00 4,650.00 4,650.00
59,019.80 58,859.80 59,019.80 58,859.80
66,850.60 66,850.60 66,850.60 66,850.60
202,161.47 202,321.47 131,785.81 218,320.77
(50,540.37) (50,580.37) (32,946.45) (54,580.19)
(18,194.53) (18,208.93) (11,860.72) (19,648.87)
R$ 133,426.57 R$ 133,532.17 R$ 86,978.64 R$ 144,091.71

R$ 1,094,739.55 R$ 1,228,271.71 R$ 1,315,250.35 R$ 1,459,342.06

 56 57 58 59
115,559.36 115,559.36 115,559.36 115,559.36
77,039.58 77,039.58 77,039.58 77,039.58
25,679.86 25,679.86 25,679.86 25,679.86
154,079.15 77,039.58 77,039.58 154,079.15
372,357.95 295,318.37 295,318.37 372,357.95
32,208.96 25,545.04 25,545.04 32,208.96
340,148.98 269,773.33 269,773.33 340,148.98
62,383.87 62,383.87 62,383.87 62,383.87
4,650.00 4,650.00 4,650.00 4,650.00
59,019.80 58,859.80 59,019.80 58,859.80
66,850.60 66,850.60 66,850.60 66,850.60
147,244.72 77,029.06 76,869.06 147,404.72
(36,811.18) (19,257.27) (19,217.27) (36,851.18)
(13,252.02) (6,932.62) (6,918.22) (13,266.42)
R$ 97,181.51 R$ 50,839.18 R$ 50,733.58 R$ 97,287.11

R$ 1,556,523.57 R$ 1,607,362.75 R$ 1,658,096.33 R$ 1,755,383.44

 60
77,039.58
51,359.72
17,119.91
51,359.72
196,878.91
17,030.03
179,848.89
62,383.87
4,650.00
59,019.80
66,850.60
(13,055.38)
-
-
R$ (13,055.38)

R$ 1,742,328.06