Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Mercado
1 Destino
2 Crecimiento Ind.
3 Precio mercado
4 Principal competidor
5 Especies camaron
6 Demanda mercado USA
7 Producto
8 Precio Venta FOB
9 CIF
10 FLETE
USA
400%
Tailandia
10 a 20
400 mil TM
3.00
3.50
0.50
Tecnicas
1 Ubicacin
2 producto
3
4
5 Proceso
6 costo variable
7 inversion Eq.
8 inversion capital T
9 Tasa sobrevivencia
10 Ciclo Produccion
11 Costo Fijo Produccion
12 gastos Admon
13 Hectareas 1 ao
14 Hectareas 2 ao al 10
15 Produccion Hectaria 1 Ao
Produccion Hectaria 2 Ao
Produccion Hectaria 3 Ao
Produccion Hectaria 4 Ao
Ao 5 al 10
16 Horizonte Tiempo
Capital
Capital
Capital
Capital
Capital
de
de
de
de
de
T.
T.
T.
T.
T.
ano
ano
ano
ano
ano
1
2
3
4
5
Cabo Grande
talla-41-50
descabezado
sin pelar
4 fases
1.45
4,950,000.00
450,000.00
60-80%
4 meses
50,000
200,000.00
750
900
1,225.0
1,470.0
1,715.0
1,960.0
2,205.0
10.0 aos
250,000.0
250,000.0
250,000.0
250,000.0
250,000.0
Financieras
1 isr
30.0%
2 Rendiminto esperado Inv.
19.0%
3 Tasa libre riesgo
6.0%
4 prima Riesgo Pais
6.0%
5 Prima riesgo Mercado
7.0%
6 Inflacion
7.0%
7 Deuda
50.0%
8 Capital
50.0%
9 tasa de Interes anual
10.0%
10 Plazo Prestamo
7 aos 2 de gracia
11 tasa de Interes mercado
14%
12 Minidevaluacion
0.05 anual
13 Restriccion de deuda
0.55 Maximo
Depreciaciones
Edificios
20.00 aos
estanques y canales
10.00 aos
Maq, y equipo
10.00 aos
Embarcaciones y Vehi
5.00 aos
12 Tipo de Cambio
1.00 por Dlar
Terreno
Abono
Abono
Abono
Abono
Abono
a
a
a
a
a
cpital
cpital
cpital
cpital
cpital
3
4
5
6
7
600,000.00
600,000.00
600,000.00
600,000.00
300,000.00
100,000.00
3,000,000.00
700,000.00
400,000.00
4,200,000.00
750,000.00
4,950,000.00
Inverionista
Deuda
Inversion
Costo ISR
50% 2,700,000.00 19.0%
50% 2,700,000.00
10% 30%
5,400,000.00
CCPP
9.5%
3.5%
13.0%
Capital
1
2
3
4
5
6
7
0
0
600,000.00
600,000.00
600,000.00
600,000.00
300,000.00
Monto de Prestamo
Intereses
Total Flujo de Financiamiento
Intereses
saldo
270,000.00
270,000.00
270,000.00
210,000.00
150,000.00
90,000.00
30,000.00
2,700,000.00
2,700,000.00
2,100,000.00
1,500,000.00
900,000.00
300,000.00
-
ano 0
ano 1
ano 2
-2,700,000.00
0
0
270,000.00 270,000.00
-2,700,000.00 270,000.00 270,000.00
ano 3
ano 4
ano 5
ano 6
ano 7
600,000.00 600,000.00 600,000.00 600,000.00 300,000.00
270,000.00 210,000.00 150,000.00
90,000.00
30,000.00
870,000.00 810,000.00 750,000.00 690,000.00 330,000.00
1
918,750
3.50
3,215,625.00
1.00
3,215,625.0
1.45
1,332,187.50
50,000
200000
459,375.00
2,041,562.50
Depreciaciones
455,000.00
2,496,562.50
Utilidades Operativas
719,062.50
Gasto Financiero
270,000.00
449,063
ISR
134,719
Utilidad Neta
314,344
Utilidades Operativas
Depreciaciones
Impuestos
Flujo Operativo de Proyecto
719,062.50
455,000.00
134,719
1,039,343.75
inversion capital T
Recuperacion del Captal de T.
Valor de Rescate de los Activos
Inversion en Activo Fijo
Total Flujos del Proyecto
-450,000.00
-250000
-4950000
-5,400,000.00
789,343.75
TIR
VAN
28%
$5,397,537.16
(4,610,656.25)
1
Periodo de Recuperacion
Indice de Deseabilidad o rentabilidad
4 annos 15 dias
1.9995
2
1,323,000
3.50
4,630,500.00
3
1,543,500
3.50
5,402,250.00
4
1,764,000
3.50
6,174,000.00
5
1,984,500
3.50
6,945,750.00
6
1,984,500
3.50
6,945,750.00
1.050
4,862,025.0
1.103
5,955,980.6
1.158
7,147,176.8
1.216
8,442,602.5
1.276
8,864,732.7
1.55
2,052,634.50
1.66
2,562,372.07
1.78
3,133,414.99
1.90
3,771,848.29
2.03
4,035,877.67
53,500.00
214,000.00
694,575.00
3,014,709.50
GASTOS FIJOS
57,245.00
61,252.15
228,980.00
245,008.60
850,854.38
1,021,025.25
3,699,451.44
4,460,700.99
65,539.80
262,159.20
1,206,086.08
5,305,633.37
70,127.59
280,510.35
1,266,390.38
5,652,905.98
455,000.00
455,000.00
455,000.00
455,000.00
375,000.00
3,469,709.50
4,154,451.44
4,915,700.99
5,760,633.37
6,027,905.98
1,392,315.50
1,801,529.18
2,231,475.76
2,681,969.17
2,836,826.68
270,000.00
270,000.00
210,000.00
150,000.00
90,000.00
1,122,316
1,531,529
2,021,476
2,531,969
2,746,827
336,695
459,459
606,443
759,591
824,048
785,621
1,072,070
1,415,033
1,772,378
1,922,779
1,392,315.50
455,000.00
336,695
1,510,620.85
1,801,529.18
455,000.00
459,459
1,797,070.43
2,231,475.76
455,000.00
606,443
2,080,033.04
2,681,969.17
455,000.00
759,591
2,377,378.42
2,836,826.68
375,000.00
824,048
2,387,778.68
-267500
1,243,120.85
-286225
1,510,845.43
-306261
1,773,772.29
-327699
2,049,679.42
2,387,778.68
(3,367,535.40)
2
(1,856,689.97)
3
(82,917.69)
4
(0.04)
-14.563432266
ecto del anno 1 al horizonte de vida que tenga el proyecto, que traidos al valor presente a la tasa del wacc son
7
1,984,500
3.50
6,945,750.00
8
1,984,500
3.50
6,945,750.00
9
1,984,500
3.50
6,945,750.00
10
1,984,500
3.50
6,945,750.00
1.340
9,307,969.3
1.407
9,773,367.8
1.477
10,262,036.1
1.551
10,775,138.0
2.18
4,318,389.11
2.33
4,620,676.34
2.49
4,944,123.69
2.67
5,290,212.35
75,036.52
300,146.07
1,329,709.90
6,023,281.59
80,289.07
321,156.30
1,396,195.39
6,418,317.11
85,909.31
343,637.24
1,466,005.16
6,839,675.40
91,922.96
367,691.84
1,539,305.42
7,289,132.57
375,000.00
375,000.00
375,000.00
375,000.00
6,398,281.59
6,793,317.11
7,214,675.40
7,664,132.57
2,909,687.70
2,980,050.65
3,047,360.75
3,111,005.39
2,879,688
2,980,051
3,047,361
3,111,005
863,906
894,015
914,208
933,302
2,015,781
2,086,035
2,133,153
2,177,704
2,909,687.70
375,000.00
863,906
2,420,781.39
2,980,050.65
375,000.00
894,015
2,461,035.46
3,047,360.75
375,000.00
914,208
2,508,152.53
3,111,005.39
375,000.00
933,302
2,552,703.77
30,000.00
1,887,684.75
2,150,000.00
2,420,781.39
2,461,035.46
2,508,152.53
6,590,388.52
la tasa del wacc son exactamente igual a la inversion inicial, resultando en un vpn igual a 0
Vida Util
0
5
5
10
10.00
10.00
20.00
10.00
Valor
750,000.00
300,000.00
100,000.00
3,000,000.00
200,000.00
450,000.00
100,000.00
50,000.00
V. de Rescate
1250000
4,950,000.00
2,300,000.00
10%
750000
1250000
750,000.00
500,000.00
50,000.00
10%
1000000
1,000,000.00
100,000.00
1,000,000.00
50,000.00
Depreciaciones
Terrenos
Equipo de Transporte
Embarcaciones
Estanques y Canales
Equipo de planta
Equipo de Bombeo
Edificios
Mobiliario y Equipo
60,000.00
20,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
60,000.00
20,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
60,000.00
20,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
455,000.00
455,000.00
455,000.00
10%
100,000.00
50,000.00
50,000.00
-
150,000.00
60,000.00
20,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
60,000.00
20,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
455,000.00
455,000.00
375,000.00
375,000.00
375,000.00
375,000.00
10
300,000.00
20,000.00
45,000.00
5,000.00
5,000.00
375,000.00
Valor en Libros
750,000.00
50,000.00
-