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Estimar o volume de negcios da empresa, atravs das quantidades vendidas, preo de venda dos produtos e
de prestao de servios; Ver Mapa para situaes em que no possvel determinar quantidades;
Colocar na sheet CMVMC na clula correspondente, as margens brutas de negcio para cada um dos produtos
vendidos;
Na sheet FSE, estimar um valor mdio mensal para cada umas das rubricas que se adaptem empresa / negcio;
Na sheet de Fundo Maneio, definir a Reserva de Segurana de Tesouraria. Esta rubrica representa um valor
mnimo de disponibilidades a manter ao longo do projecto;
Aps a definio de todos estes pressupostos, estabelecer o valor de capital social inicial e eventuais
aumentos, bem como o nvel de suprimentos da empresa (sheet de Financiamento);
Os inputs do modelo esto inseridos, sendo necessrio apenas fazer o acerto de disponibilidades. Assim
sendo, na sheet de Plano Financeiro utilizar a funo "Ferramentas - Atingir Objectivo" de forma a que a linha
de "Soma de Controlo" d 0.
Empresa:
Unidade monetria
(valores em euros)
30
1.0
30
1.0
0.0
23%
23%
23%
23%
15.00%
Taxa de IRC
27.50%
0.00%
1.50%
0.00%
3.00%
10.00%
100.00%
0.05
Empresa:
(valores em euros)
Volume de negcios
2010
Taxa de variao dos preos
Produto B *
Quantidades vendidas
2012
2013
2014
2015
0.00%
0.00%
0.00%
0.00%
2010
2011
2012
2013
2014
5,822,208
7,196,226
7,823,912
8,506,348
9,248,308
10,054,986
145,920
180,357
2015
196,088
213,192
231,787
252,005
23.60%
8.72%
8.72%
8.72%
39.90
39.90
39.90
39.90
39.90
39.90
5,537,664
5,537,664
5,537,664
5,537,664
5,537,664
5,537,664
145,920
145,920
145,920
145,920
145,920
145,920
37.95
37.95
37.95
37.95
37.95
37.95
0.00
0.00
0.00
0.00
0.00
2011
0.00%
8.72%
Produto D *
Quantidades vendidas
Taxa de crescimento das unidades vendidas
0.00
0.00
0.00
0.00
0.00
12,733,890
13,361,576
14,044,012
14,785,972
15,592,650
Preo Unitrio
TOTAL
11,359,872
VENDAS - EXPORTAO
2010
Produto A *
Quantidades vendidas
2011
2012
2013
2014
2015
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2010
2011
1,380,000
Servio A
2012
1,380,000
0.00%
2013
1,380,000
2014
2015
1,380,000
1,380,000
1,380,000
0.00%
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
37.95
37.95
37.95
37.95
37.95
37.95
Servio B
Taxa de crescimento Servio B
Servio C
Taxa de crescimento Servio C
Servio D
Taxa de crescimento Servio D
TOTAL
11,359,872
12,733,890
13,361,576
14,044,012
14,785,972
15,592,650
11,359,872
12,733,890
13,361,576
14,044,012
14,785,972
15,592,650
2,612,771
2,928,795
3,073,163
3,230,123
3,400,774
3,586,310
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
317,400
317,400
317,400
317,400
317,400
317,400
12,739,872
14,113,890
14,741,576
15,424,012
16,165,972
16,972,650
2,930,171
3,246,195
3,390,563
3,547,523
3,718,174
3,903,710
15,670,043
17,360,085
18,132,139
18,971,534
19,884,146
20,876,360
Servio A
Taxa de crescimento Servio A
Servio B
Taxa de crescimento Servio B
Servio C
Taxa de crescimento Servio C
Servio D
Taxa de crescimento Servio D
TOTAL
IVA VENDAS
23%
EMPRESA:
CMVMC
Margem
Bruta
49.00%
2010
2011
2012
2013
2014
2015
2,969,326
3,670,075
3,990,195
4,338,237
4,716,637
5,128,043
2,824,209
2,824,209
2,824,209
2,824,209
2,824,209
2,824,209
Produto C
Produto D
5,793,535
6,494,284
6,814,404
7,162,446
7,540,846
7,952,252
1,332,513
1,493,685
1,567,313
1,647,363
1,734,395
1,829,018
7,126,048
7,987,969
8,381,717
8,809,809
9,275,241
9,781,269
Produto A
49.00%
Produto B
TOTAL CMVMC
IVA
TOTAL CMVMC + IVA
23%
Empresa:
2010
2011
2012
2013
2014
N Meses
12
12
12
12
12
12
Taxa de crescimento
0%
41.69%
17.93%
0.00%
0.00%
0.00%
Tx IVA
Subcontratos
CF
CV
Valor Mensal
2010
2011
0
2012
0
2013
0
2014
0
2015
0
20%
0%
Electricidade
5%
80%
20%
850
10,200
14,453
17,044
17,044
17,044
17,044
Combustiveis
20%
0%
100%
45,000
540,000
765,147
902,345
902,345
902,345
902,345
Agua
20%
80%
20%
241
2,892
4,098
4,833
4,833
4,833
4,833
Outros Fluidos
20%
0%
100%
600
7,200
10,202
12,031
12,031
12,031
12,031
Ferramentas e Utensilios
20%
0%
100%
900
10,800
15,303
18,047
18,047
18,047
18,047
20%
80%
20%
385
4,620
6,546
7,720
7,720
7,720
7,720
Material de escritrio
20%
80%
20%
600
7,200
10,202
12,031
12,031
12,031
12,031
20%
0%
100%
Rendas e alugueres
20%
0%
100%
Despesas de representao
20%
0%
100%
Comunicao
20%
70%
30%
2,265
27,180
38,512
45,418
45,418
45,418
45,418
2,980
35,760
50,670
59,755
59,755
59,755
59,755
Seguros
100%
2015
100%
Royalties
20%
0%
100%
Transportes de mercadorias
20%
0%
100%
Deslocaes e estadas
20%
0%
100%
Comisses
20%
0%
100%
2,250
27,000
38,257
45,117
45,117
45,117
45,117
9,947
11,730
11,730
11,730
11,730
Honorrios
20%
585
7,020
Contencioso e notariado
20%
0%
100%
Conservao e reparao
20%
70%
30%
3,500
42,000
59,511
70,182
70,182
70,182
70,182
Publicidade e propaganda
20%
0%
100%
850
10,200
14,453
17,044
17,044
17,044
17,044
20%
100%
150
1,800
2,550
3,008
3,008
3,008
3,008
Vigilncia e segurana
20%
100%
350
4,200
5,951
7,018
7,018
7,018
7,018
Trabalhos especializados
20%
80%
20%
20%
0%
100%
950
11,400
16,153
19,050
19,050
19,050
19,050
749,472
1,061,955
1,252,375
1,252,375
1,252,375
1,252,375
TOTAL FSE
100%
117,136
165,974
195,735
195,735
195,735
195,735
632,336
895,982
1,056,640
1,056,640
1,056,640
1,056,640
TOTAL FSE
749,472
1,061,955
1,252,375
1,252,375
1,252,375
1,252,375
33,212
47,060
55,498
55,498
55,498
55,498
782,684
1,109,015
1,307,873
1,307,873
1,307,873
1,307,873
IVA
FSE + IVA
Empresa:
2011
2012
2013
2014
N Meses
12
14
14
14
14
14
0%
0.00%
0.00%
0.00%
0.00%
0.00%
2010
2011
2012
2013
2014
2015
Quadro de Colaboradores
2015
4,000
48,000
56,000
56,000
56,000
56,000
56,000
Um Gerente
4,000
48,000
56,000
56,000
56,000
56,000
56,000
um gerente
4,000
48,000
56,000
56,000
56,000
56,000
56,000
Um Gerente
4,000
48,000
56,000
56,000
56,000
56,000
56,000
um gerente
4,000
48,000
56,000
56,000
56,000
56,000
56,000
240,000
280,000
280,000
280,000
280,000
280,000
Sub-Total Remuneraes
Pessoal
Categorias
N. de trabalhadores
Comercial
1,050
37,800
44,100
44,100
44,100
44,100
44,100
Administrativo
850
40,800
47,600
47,600
47,600
47,600
47,600
Tecnicos
2,500
60,000
70,000
70,000
70,000
70,000
70,000
Produo e triagem
990
83,160
97,020
97,020
97,020
97,020
97,020
16
221,760
258,720
258,720
258,720
258,720
258,720
TOTAL Remuneraes
461,760
538,720
538,720
538,720
538,720
538,720
21
21
21
21
21
21
Sub-Total Remuneraes
Outros Custos
2010
2011
2012
2013
2014
2015
Segurana Social
Gerncia / Administrao
21.25%
51,000
59,500
59,500
59,500
59,500
59,500
Outro Pessoal
23.75%
52,668
61,446
61,446
61,446
61,446
61,446
9,235
10,774
10,774
10,774
10,774
10,774
28,108
25,766
25,766
25,766
25,766
25,766
141,011
157,486
157,486
157,486
157,486
157,486
602,771
696,206
696,206
696,206
696,206
696,206
2%
Subsdio Alimentao
111.54
Formao
Outros custos com pessoal
QUADRO RESUMO
2010
2011
2012
2013
2014
2015
Vencimentos
Gerncia/Administrao
240,000
280,000
280,000
280,000
280,000
280,000
Pessoal
221,760
258,720
258,720
258,720
258,720
258,720
103,668
120,946
120,946
120,946
120,946
120,946
Encargos
Seguros Acidentes de Trabalho
Sub. Alimentao
Formao
9,235
10,774
10,774
10,774
10,774
10,774
28,108
25,766
25,766
25,766
25,766
25,766
602,771
696,206
696,206
696,206
696,206
696,206
Retenes Colaboradores
Reteno SS Colaborador
Gerncia / Administrao
10.00%
24,000
28,000
28,000
28,000
28,000
28,000
Outro Pessoal
11.00%
24,394
28,459
28,459
28,459
28,459
28,459
15.00%
69,264
80,808
80,808
80,808
80,808
80,808
117,658
137,267
137,267
137,267
137,267
137,267
Empresa:
2010
2011
2012
2013
2014
2015
Imobilizado Incorpreo
Despesas de Instalao
Despesas de I&D
Propriedade Industrial e O. Direitos
500,000
Trespasses
500,000
Imobilizado Corpreo
Terrenos e recursos naturais
143,000
100,000
Equipamento bsico
1,000,000
Equipamento de transporte
Ferramentas e utenslios
9,900
Equipamento administrativo
60,000
Taras e vasilhame
7,784
1,320,684
TOTAL INVESTIMENTO
1,820,684
2010
2011
2012
2013
2014
2015
Imobilizado Incorpreo
Despesas de Instalao
Despesas de I&D
500,000
500,000
500,000
500,000
500,000
500,000
Trespasses
500,000
500,000
500,000
500,000
500,000
500,000
143,000
143,000
143,000
143,000
143,000
143,000
100,000
100,000
100,000
100,000
100,000
100,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
Imobilizado Corpreo
Equipamento bsico
Equipamento de transporte
9,900
9,900
9,900
9,900
9,900
9,900
60,000
60,000
60,000
60,000
60,000
60,000
7,784
7,784
7,784
7,784
7,784
7,784
1,320,684
1,320,684
1,320,684
1,320,684
1,320,684
1,320,684
TOTAL IMOBILIZADO
1,820,684
1,820,684
1,820,684
1,820,684
1,820,684
1,820,684
2010
2011
2012
2013
2014
2015
Ferramentas e utenslios
Equipamento administrativo
Taras e vasilhame
Outras imobilizaes corpreas
Amortizaes do Exerccio
Taxa
Imobilizado Incorpreo
Despesas de instalao
33.33%
Despesas de I&D
33.33%
33.33%
166,667
166,667
166,667
Trespasses
33.33%
33.33%
166,667
166,667
166,667
5,000
5,000
5,000
5,000
5,000
5,000
Equipamento bsico
20.00%
5.00%
200,000
200,000
200,000
200,000
200,000
Equipamento de transporte
25.00%
Ferramentas e utenslios
25.00%
2,475
2,475
2,475
2,475
Equipamento administrativo
25.00%
15,000
15,000
15,000
15,000
Taras e vasilhame
14.29%
20.00%
1,557
1,557
1,557
1,557
1,557
224,032
224,032
224,032
224,032
206,557
5,000
TOTAL AMORTIZAES
390,698
390,698
390,698
224,032
206,557
5,000
Empresa:
2010
2011
2012
2013
2014
2015
1,305,837
1,446,674
1,511,012
1,580,961
1,657,012
1,739,697
1,305,837
1,446,674
1,511,012
1,580,961
1,657,012
1,739,697
Fornecedores
659,061
758,082
807,466
843,140
881,926
924,095
Estado
511,305
566,588
582,164
601,392
622,296
645,024
1,170,366
1,324,671
1,389,630
1,444,532
1,504,222
1,569,120
135,471
122,003
121,382
136,429
152,790
170,577
135,471
-13,468
-621
15,048
16,360
17,787
*
TOTAL
Empresa:
2010
Investimento = Capital Fixo + FMN
Fontes de Financiamento
Meios Libertos
2014
2015
15,048
16,360
2%
2%
2%
2%
2%
2%
1,995,300
-13,700
-600
15,300
16,700
18,100
2010
2011
2012
2013
4,356,989
4,441,921
4,783,102
4,356,989
4,441,921
Capitais Prprios
500,000
119,942
TOTAL
2013
-621
4,163,160
2012
-13,468
Margem de segurana
Necessidades de financiamento
2011
1,956,155
2014
17,787
2015
4,638,523
4,897,298
5,128,443
4,638,523
4,897,298
5,128,443
Ano 0
Capital em dvida (incio perodo)
0%
0%
0%
0%
0%
Juro Anual
Reembolso Anual
Servio da dvida
Taxa de Juro
Valor em dvida
Ano 1
Capital em dvida (incio perodo)
0%
0%
0%
0%
0%
Juro Anual
Reembolso Anual
Servio da dvida
Valor em dvida
Taxa de Juro
Ano 2
Capital em dvida (incio perodo)
0%
0%
0%
0%
Juro Anual
Reembolso Anual
Servio da dvida
Valor em divida
Taxa de Juro
Ano 3
Capital em dvida (incio perodo)
0%
0%
0%
Juro Anual
Reembolso Anual
Servio da dvida
Valor em dvida
Taxa de Juro
Ano 4
Capital em dvida (incio perodo)
0%
0%
Juro Anual
Reembolso Anual
Servio da dvida
Valor em dvida
Taxa de Juro
Ano 5
Capital em dvida (incio perodo)
0
0%
Taxa de Juro
Juro Anual
Reembolso Anual
Servio da dvida
Valor em dvida
Capital em dvida
Reembolso
Empresa:
(valor
Demonstrao de Resultados Previsional
Vendas
2010
2011
2012
2013
2014
11,359,872
12,733,890
13,361,576
14,044,012
14,785,972
Prestaes de Servios
1,380,000
1,380,000
1,380,000
1,380,000
1,380,000
Volume de Negcios
12,739,872
14,113,890
14,741,576
15,424,012
16,165,972
5,793,535
6,494,284
6,814,404
7,162,446
7,540,846
632,336
895,982
1,056,640
1,056,640
1,056,640
6,314,001
6,723,625
6,870,532
7,204,925
7,568,486
50%
FSE- Custos Fixos
Resultado Econmico
48%
47%
47%
47%
117,136
165,974
195,735
195,735
195,735
6,196,865
6,557,651
6,674,797
7,009,191
7,372,751
602,771
696,206
696,206
696,206
696,206
Impostos
Custos com o Pessoal
% de Vendas
5%
5%
5%
5%
4%
5,594,094
5,861,445
5,978,591
6,312,985
6,676,545
390,698
390,698
390,698
224,032
206,557
Provises
EBIT
5,203,396
5,470,746
5,587,893
6,088,953
6,469,989
Custos Financeiros
Proveitos Financeiros
RESULTADO FINANCEIRO
5,203,396
5,470,746
5,587,893
6,088,953
6,469,989
1,430,934
1,504,455
1,536,670
1,674,462
1,779,247
3,772,462
3,966,291
4,051,222
4,414,491
4,690,742
Custos Extraordinrios
Proveitos Extraordinrios
RAI
Impostos sobre os lucros
RESULTADO LQUIDO
% DOS CUSTOS DE ESTRUTURA S/VN
% DO RESULTADO LQUIDO S/VN
9%
9%
9%
7%
7%
30%
28%
27%
29%
29%
(valores em euros)
e Resultados Previsional
2015
15,592,650
1,380,000
16,972,650
7,952,252
1,056,640
7,963,758
47%
195,735
7,768,024
696,206
4%
7,071,817
5,000
7,066,817
0
0
0
7,066,817
1,943,375
5,123,443
0
5%
30%
Empresa:
2010
2011
2012
2013
2014
2015
3,966,291
4,051,222
4,414,491
4,690,742
5,123,443
390,698
390,698
390,698
224,032
206,557
5,000
4,163,160
4,356,989
4,441,921
4,638,523
4,897,298
5,128,443
-135,471
13,468
621
-15,048
-16,360
-17,787
4,027,689
4,370,457
4,442,542
4,623,475
4,880,938
5,110,655
Capital Fixo
-1,820,684
Free cash-flow
2,207,005
4,370,457
4,442,542
4,623,475
4,880,938
5,110,655
2,207,005
6,577,462
11,020,004
15,643,479
20,524,418
25,635,073
Empresa:
2010
2011
2012
2013
2014
2015
ORIGENS DE FUNDOS
Meios Libertos Brutos
Capital Social (entrada de fundos)
Emprstimos Obtidos
5,594,094
5,861,445
5,978,591
6,312,985
6,676,545
7,071,817
500,000
13,468
621
119,942
6,214,036
5,874,912
5,979,213
6,312,985
6,676,545
7,071,817
1,820,684
135,471
15,048
16,360
17,787
1,430,934
1,504,455
1,536,670
1,674,462
1,779,247
APLICAES DE FUNDOS
Inv. Capital Fixo
Inv Fundo de Maneio
Imposto sobre os Lucros
Pagamento de Dividendos
Reembolso de Emprstimos
Encargos Financeiros
0
1,797,034
1,956,155
1,430,934
1,504,455
1,551,718
1,690,822
4,257,881
4,443,978
4,474,757
4,761,266
4,985,723
5,274,783
4,257,881
8,701,860
13,176,617
17,937,883
22,923,606
28,198,390
4,257,881
8,701,860
13,176,617
17,937,883
22,923,606
28,198,390
Empresa:
2010
2011
2012
2013
2014
2015
ACTIVO
Imobilizado
500,000
500,000
500,000
500,000
500,000
500,000
1,320,684
1,320,684
1,320,684
1,320,684
1,320,684
1,320,684
390,698
781,397
1,172,095
1,396,127
1,602,684
1,607,684
1,305,837
1,446,674
1,511,012
1,580,961
1,657,012
1,739,697
Disponibilidades
Aplicaes Financeiras
2,735,822
2,485,961
2,159,600
2,005,518
1,875,012
1,952,697
Capital Social
500,000
500,000
500,000
500,000
500,000
500,000
Suprimentos
119,942
119,942
119,942
119,942
119,942
119,942
20,895,207
Imobilizado Incorpreo
Imobilizado Corpreo
Amortizaes Acumuladas
Existncias
Matrias Primas e Subsidirias
Produtos Acabados e em Curso
Mercadorias
Crditos de curto prazo
Dvidas de Clientes
Estado e Outros Entes Pblicos
Outros devedores
Acrscimos e Diferimentos
TOTAL ACTIVO
CAPITAL PRPRIO
Prestaes Suplementares
Reservas de reavaliao
3,772,462
7,738,753
11,789,975
16,204,466
3,772,462
3,966,291
4,051,222
4,414,491
4,690,742
5,123,443
4,392,404
8,358,695
12,409,917
16,824,408
21,515,149
26,638,592
659,061
758,082
807,466
843,140
881,926
924,095
1,942,239
2,071,044
2,118,834
2,275,854
2,401,543
2,588,399
Outros credores
Acrscimos e Diferimentos
TOTAL PASSIVO
2,601,300
2,829,126
2,926,300
3,118,994
3,283,469
3,512,494
6,993,704
11,187,820
15,336,217
19,943,401
24,798,619
30,151,086
Empresa:
2010
2011
2012
2013
2014
2015
4%
5%
5%
5%
Eficincia Operacional
71%
68%
69%
70%
71%
39%
38%
39%
40%
42%
28%
27%
29%
29%
30%
5%
5%
5%
4%
4%
2010
2011
2012
2013
2014
2015
160%
188%
220%
250%
262%
Rendibilidade do Activo
220%
259%
304%
345%
362%
Rotao do Activo
568%
683%
769%
862%
869%
1358%
2273%
3633%
7416%
7968%
47%
33%
26%
22%
19%
169%
119%
92%
75%
64%
Rotao do Imobilizado
Rendibilidade dos Capitais Prprios (ROE)
Rotao dos Capitais Prprios
INDICADORES FINANCEIROS
2010
2011
2012
2013
2014
2015
Autonomia Financeira
336%
575%
839%
1147%
1364%
Solvabilidade Total
295%
424%
539%
655%
758%
Endividamento Total
114%
136%
156%
175%
180%
0%
0%
0%
0%
0%
Endividamento ML Prazo
INDICADORES DE LIQUIDEZ
2010
2011
2012
2013
2014
2015
Liquidez Geral
51%
52%
51%
50%
50%
Liquidez Reduzida
51%
52%
51%
50%
50%
2012
2013
2014
2015
Capitais Permanentes
2010
8,358,695
12,409,917
16,824,408
21,515,149
26,638,592
Activo Fixo
1,039,287
648,589
424,557
218,000
213,000
7,319,408
11,761,328
16,399,851
21,297,149
26,425,592
1,446,674
1,511,012
1,580,961
1,657,012
1,739,697
758,082
807,466
843,140
881,926
924,095
688,592
703,546
737,821
775,086
815,601
2011
2,071,044
2,118,834
2,275,854
2,401,543
2,588,399
-2,071,044
-2,118,834
-2,275,854
-2,401,543
-2,588,399
6,630,816
11,057,783
15,662,030
20,522,063
25,609,990
4,441,921
4,638,523
4,897,298
5,128,443
14,954
34,275
37,265
40,515
-47,791
-157,019
-125,690
-186,856
Tesouraria Activa
Tesouraria Passiva
TESOURARIA LQUIDA
CONTROLO : TRL = FML - NFM
Variao do FML
Variao das NFM
Variao da TRL
INDICADORES DE RISCO NEGCIO
Margem Bruta
Grau de Alavanca Operacional
Ponto Crtico
Margem de Segurana
2010
2011
2012
2013
2014
2015
6,723,625
6,870,532
7,204,925
7,568,486
123%
123%
118%
117%
7,963,758
113%
2,629,979
2,752,061
2,389,029
2,346,345
1,911,593
437%
436%
546%
589%
788%
Empresa:
Na perspectiva do Projecto
Free Cash Flow to Firm
2010
2011
2012
2013
2014
2015
2016
2,207,005
4,370,457
4,442,542
4,623,475
4,880,938
5,110,655
67,077,352
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
13.00%
Factor de actualizao
1.130
1.277
1.443
1.630
1.842
2.082
Fluxos actualizados
2,207,005
3,867,661
3,479,162
3,204,300
2,993,571
2,773,859
32,218,495
2,207,005
6,074,666
9,553,829
12,758,129
15,751,699
18,525,558
50,744,053
Err:523
Err:523
Err:523
Err:523
Err:523
Err:523
WACC
50,744,053
Err:504
Err:523
0 Anos
WACC
Peso
Ano 0
Ano 0
Ano 1
Ano 2
0%
0.0%
4,392,404
100%
13%
13.0%
4,392,404
100%
Ano 1
Ano 3
Ano 4
Ano 5
Passivo Mdio e Longo Prazo
Capital Prprio
Na perspectiva do Investidor
Free Cash Flow do Equity
Custo ponderado
0%
0.0%
8,358,695
100%
13%
13.0%
8,358,695
100%
Ano 1
13.0%
Custo
Custo ponderado
0%
0%
0.0%
12,409,917
100%
13%
13.0%
12,409,917
100%
Ano 1
13.0%
Custo
Custo ponderado
0%
0%
0.0%
16,824,408
100%
13%
13.0%
16,824,408
100%
Ano 1
Custo
0%
13.0%
Custo ponderado
0%
Custo
0
13.0%
Custo
Custo ponderado
0%
0%
0.0%
21,515,149
100%
13%
13.0%
21,515,149
100%
Ano 1
13.0%
Custo
Custo ponderado
0%
0%
0.0%
26,638,592
100%
13%
13.0%
26,638,592
100%
13.0%
2010
2011
2012
2013
2014
2015
2016
2,207,005
4,370,457
4,442,542
4,623,475
4,880,938
5,110,655
64,652,869
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
Taxa de Actualizao
13.30%
13.30%
13.30%
13.30%
13.30%
13.30%
13.30%
1.133
1.284
1.454
1.648
1.867
2.115
2,207,005
3,857,420
3,460,762
3,178,914
2,961,991
2,737,329
30,563,870
2,207,005
6,064,426
9,525,187
12,704,101
15,666,092
18,403,421
48,967,291
Err:523
Err:523
Err:523
Err:523
Err:523
Err:523
Factor actualizao
Fluxos Actualizados
48,967,291
Err:504
Err:523
0 Anos
Valores em Euros
Row 9
Row 13
Row 15
Anos do projecto
Valores em Euros
V.Negcios vs EBITDA
18,000,000
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
Row 9
Row 22
Anos
Valores em Euros
Row 9
3
Anos
Row 9
Row 13
Row 15
Anos do projecto
Negcios vs EBITDA
Row 9
Row 22
Anos
Row 9
3
Anos
Empresa:
Unidade de Medida
Produto A
Produto B
Produto C
Produto D
2010
2011
2012
2013
2014
2015
TOTAL
2010
2011
2012
2013
2014
Unidades fsicas
Produtos
Produto A
Produto B
Produto C
Produto D
Unidades fsicas
2015
2010
2010
2011
2012
2013
2014
2015
Valor do consumo 2*
TOTAL
2011
2013
2014
2015
1* obtido da multiplicao da produo pelo consumo de matria prima por unidade de produto acabado.
2* obtido da multiplicao do consumo das matrias-primas pelo preo.
2012
0
0