ANO 0 1 2

(=) Receitas / Invesitmento -R$ 204,000.00 R$ 59,000.00 R$ 59,000.00

(-) Custos / Capital de Giro R$ - R$ - R$ -
(=) Lucro Operacional -R$ 204,000.00 R$ 59,000.00 R$ 59,000.00
(-) Depreciação -R$ 30,000.00 -R$ 30,000.00
(=) Lucro Tributável R$ 29,000.00 R$ 29,000.00
(-) Imposto de Renda -R$ 10,150.00 -R$ 10,150.00
(=) Lucro Líquido R$ 18,850.00 R$ 18,850.00
(+) Depreciação R$ 30,000.00 R$ 30,000.00
(=) Fluxo de Caixa Parcial R$ 48,850.00 R$ 48,850.00
(+) Valor Residual
(+) Capital de Giro
(=) Fluxo de Caixa Operacional Final -R$ 204,000.00 R$ 48,850.00 R$ 48,850.00

Preço equipamento R$ 180,000.00

Investimento R$ 204,000.00
Capital de Giro R$ -
Vida Util 6 Anos
Valor Residual Nulo
I.R 35%

Depreciação R$ 30,000.00
 3 4 5 6
R$ 59,000.00 R$ 59,000.00 R$ R$ 59,000.00 59,000.00
R$ - R$ - R$ R$ - -
R$ 59,000.00 R$ 59,000.00 R$ R$ 59,000.00 59,000.00
-R$ 30,000.00 -R$ 30,000.00 -R$-R$30,000.00 30,000.00
R$ 29,000.00 R$ 29,000.00 R$ R$ 29,000.00 29,000.00
-R$ 10,150.00 -R$ 10,150.00 -R$-R$10,150.00 10,150.00
R$ 18,850.00 R$ 18,850.00 R$ R$ 18,850.00 18,850.00
R$ 30,000.00 R$ 30,000.00 R$ R$ 30,000.00 30,000.00
R$ 48,850.00 R$ 48,850.00 R$ R$ 48,850.00 48,850.00
R$ -
R$ -
R$ 48,850.00 R$ 48,850.00 R$ 48,850.00 R$ 48,850.00
Depreciação Maquina Antiga 10%
Ano Percentual
0 R$ 36,000.00 R$ 11,200.00
1 R$ 32,400.00 R$ 5,040.00
2 R$ 28,800.00 R$ 23,040.00
3 R$ 25,200.00
4 R$ 21,600.00
5 R$ 18,000.00
6 R$ 14,400.00
7 R$ 10,800.00
8 R$ 7,200.00
9 R$ 3,600.00
10 R$ -
 Freezer anti
ANO 0 1 2
(=) Receitas / Invesitmento R$ - R$ 30,000.00 R$ 32,000.00
(-) Custos / Capital de Giro R$ - R$ - R$ -
(=) Lucro Operacional R$ - R$ 30,000.00 R$ 32,000.00
(-) Depreciação -R$ 3,600.00 -R$ 3,600.00
(=) Lucro Tributável R$ 26,400.00 R$ 28,400.00
(-) Imposto de Renda -R$ 11,880.00 -R$ 12,780.00
(=) Lucro Líquido R$ 14,520.00 R$ 15,620.00
(+) Depreciação R$ 3,600.00 R$ 3,600.00
(=) Fluxo de Caixa Parcial R$ 18,120.00 R$ 19,220.00
(+) Valor Residual
(+) Capital de Giro
(=) Fluxo de Caixa Operacional Final R$ - R$ 18,120.00 R$ 19,220.00

Preço equipamento R$ 36,000.00

Investimento R$ 36,000.00
Capital de Giro R$ -
Vida Util 10 Anos
Valor Residual Nulo
I.R 45%

Depreciação R$ 3,600.00

Freezer No
ANO 0 1 2
(=) Receitas / Invesitmento -R$ 23,040.00 R$ 42,000.00 R$ 42,000.00
(-) Custos / Capital de Giro R$ - R$ - R$ -
(=) Lucro Operacional -R$ 23,040.00 R$ 42,000.00 R$ 42,000.00
(-) Depreciação -R$ 6,750.00 -R$ 6,750.00
(=) Lucro Tributável R$ 35,250.00 R$ 35,250.00
(-) Imposto de Renda -R$ 15,862.50 -R$ 15,862.50
(=) Lucro Líquido R$ 19,387.50 R$ 19,387.50
(+) Depreciação R$ 6,750.00 R$ 6,750.00
(=) Fluxo de Caixa Parcial R$ 26,137.50 R$ 26,137.50
 (+) Valor Residual
(+) Capital de Giro
(=) Fluxo de Caixa Operacional Final -R$ 23,040.00 R$ 26,137.50 R$ 26,137.50

Preço equipamento R$ 54,000.00

Investimento R$ 58,000.00
Capital de Giro R$ -
Vida Util 8 Anos
Valor Residual Nulo
I.R 45%

Depreciação R$ 6,750.00

(=) Fluxo de Caixa Incremental -R$ 23,040.00 R$ 8,017.50 R$ 6,917.50

Freezer antigo
3 4 5 6 7 8
R$ 31,000.00 R$ 34,000.00 R$ 35,000.00 R$ 34,000.00 R$
R$ 30,000.00 25,000.00
R$ - R$ - R$ - R$ - R$
R$ - -
R$ 31,000.00 R$ 34,000.00 R$ 35,000.00 R$ 34,000.00 R$
R$ 30,000.00 25,000.00
-R$ 3,600.00 -R$ 3,600.00 -R$ 3,600.00 -R$ 3,600.00 -R$
-R$ 3,600.00 3,600.00
R$ 27,400.00 R$ 30,400.00 R$ 31,400.00 R$ 30,400.00 R$
R$ 26,400.00 21,400.00
-R$ 12,330.00 -R$ 13,680.00 -R$ 14,130.00 -R$ 13,680.00 -R$
-R$ 11,880.00 9,630.00
R$ 15,070.00 R$ 16,720.00 R$ 17,270.00 R$ 16,720.00 R$
R$ 14,520.00 11,770.00
R$ 3,600.00 R$ 3,600.00 R$ 3,600.00 R$ 3,600.00 R$
R$ 3,600.00 3,600.00
R$ 18,670.00 R$ 20,320.00 R$ 20,870.00 R$ 20,320.00 R$
R$ 18,120.00 15,370.00
R$ -
R$ -
R$ 18,670.00 R$ 20,320.00 R$ 20,870.00 R$ 20,320.00 R$ 18,120.00 R$ 15,370.00

Freezer Novo
3 4 5 6 7 8
R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00
R$ - R$ - R$ - R$ - R$ - R$ -
R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00 R$ 42,000.00
-R$ 6,750.00 -R$ 6,750.00 -R$ 6,750.00 -R$ 6,750.00 -R$ 6,750.00 -R$ 6,750.00
R$ 35,250.00 R$ 35,250.00 R$ 35,250.00 R$ 35,250.00 R$ 35,250.00 R$ 35,250.00
-R$ 15,862.50 -R$ 15,862.50 -R$ 15,862.50 -R$ 15,862.50 -R$ 15,862.50 -R$ 15,862.50
R$ 19,387.50 R$ 19,387.50 R$ 19,387.50 R$ 19,387.50 R$ 19,387.50 R$ 19,387.50
R$ 6,750.00 R$ 6,750.00 R$ 6,750.00 R$ 6,750.00 R$ 6,750.00 R$ 6,750.00
R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50
 R$ -
R$ -
R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50 R$ 26,137.50

R$ 7,467.50 R$ 5,817.50 R$ 5,267.50 R$ 5,817.50 R$ 8,017.50 R$ 10,767.50

 DATA LIBER
0 R$ 150,000.00
1 -
2 -
3 -
4 -
5 -

Liberação 0
Custo 17%
Carencia 2 anos
Amortização 3 Anos
SALDO DEV JUROS AMORT F. FINANC
R$ 150,000.00 - - R$ 150,000.00
R$ 150,000.00 R$ 25,500.00 - -R$ 25,500.00
R$ 150,000.00 R$ 25,500.00 - -R$ 25,500.00
R$ 100,000.00 R$ 25,500.00 R$ 50,000.00 -R$ 75,500.00
R$ 50,000.00 R$ 17,000.00 R$ 50,000.00 -R$ 67,000.00
R$ - R$ 8,500.00 R$ 50,000.00 -R$ 58,500.00
𝑇𝑀𝐴=((24.000,00∗0,09)+(16.000,00∗0,15))/40.000,00

𝑇𝑀𝐴=(2.160,00+2.400,00)/40.000,00

𝑇𝑀𝐴=11,4%
 ANO

0 1 2 3
(=) Receitas / Invesitmento

-R$ 35,000.00 R$ 200,000.00 R$ 200,000.00 R$ 200,000.00

(-) Custos / Capital de Giro
-R$ 5,000.00 R$ 176,000.00 R$ 176,000.00 R$ 176,000.00
(=) Lucro Operacional
-R$ 40,000.00 R$ 24,000.00 R$ 24,000.00 R$ 24,000.00
(-) Depreciação
-R$ 6,400.00 -R$ 6,400.00 -R$ 6,400.00
(=) Lucro Tributável
R$ 17,600.00 R$ 17,600.00 R$ 17,600.00
(-) Imposto de Renda
-R$ 5,280.00 -R$ 5,280.00 -R$ 5,280.00
(=) Lucro Líquido
R$ 12,320.00 R$ 12,320.00 R$ 12,320.00
(+) Depreciação
R$ 6,400.00 R$ 6,400.00 R$ 6,400.00
(=) Fluxo de Caixa Parcial
R$ 18,720.00 R$ 18,720.00 R$ 18,720.00
(+) Valor Residual

(+) Capital de Giro

(=) Fluxo de Caixa Operacional Final -R$ 40,000.00 R$ 18,720.00 R$ 18,720.00 R$ 18,720.00

Investimento R$ 35,000.00
Capital de Giro R$ 5,000.00
Vida Util 5 Anos
Valor Residual R$ 3,000.00
I.R 30%
Receita (Ano) R$ 200,000.00
Custo (ano) R$ 176,000.00

Depreciação R$ 6,400.00
 Fluxo de caixa Operacional

FLUXO DE
ANO
CAIXA
ç
4 5 Investimento

0 -R$ 40,000.00
R$ 200,000.00 R$ 200,000.00
1 R$ 18,720.00 çFluxo de
R$ 176,000.00 R$ 176,000.00
R$ 24,000.00 R$ 24,000.00 2 R$ 18,720.00 Caixa

3 R$ 18,720.00
-R$ 6,400.00 -R$ 6,400.00
4 R$ 18,720.00 Operacional
R$ 17,600.00 R$ 17,600.00
-R$ 5,280.00 -R$ 5,280.00 5 R$ 26,720.00

R$ 12,320.00 R$ 12,320.00
R$ 6,400.00 R$ 6,400.00
R$ 18,720.00 R$ 18,720.00
R$ 3,000.00
R$ 5,000.00
R$ 18,720.00 R$ 26,720.00
 Planilha do Financiamento

DATA LIBER SALDO DEV JUROS

0 R$ 24,000.00 R$ 24,000.00 -

1 - R$ 24,000.00 R$ 2,160.00
2 - R$ 12,000.00 R$ 2,160.00
3 - R$ - R$ 1,080.00

Financiamento R$ 24,000.00
Liberação 0
Custo 9%
Carencia 1 anos
Amortização 2 Anos
 Planilha do Efeito Fiscal
EFEITO
FISCAL
AMORT F. FINANC DATA JUROS
(Benefício
do IR)

- R$ 24,000.00 0 - -

- -R$ 2,160.00 1 R$ 2,160.00 R$ 648.00

R$ 12,000.00 -R$ 14,160.00 2 R$ 2,160.00 R$ 648.00

R$ 12,000.00 -R$ 13,080.00 3 R$ 1,080.00 R$ 324.00

 FLUXO DE CAIXA FINANCEIRO

FC FC do Efeito FC
DATA

Operacional Empréstimo Fiscal FINANCEIRO

0 -R$ 40,000.00 R$ 24,000.00 -R$ 16,000.00

1 R$ 18,720.00 -R$ 2,160.00 R$ 648.00 R$ 17,208.00

2 R$ 18,720.00 -R$ 14,160.00 R$ 648.00 R$ 5,208.00

3 R$ 18,720.00 -R$ 13,080.00 R$ 324.00 R$ 5,964.00

4 R$ 18,720.00 R$ 18,720.00
5 R$ 26,720.00 R$ 26,720.00