PROYECTO CONSTRUCCIN DE UNA PLANTA

Integrantes:

Nombre del ESTUDIO DE PREFACTIBILIDAD Y FORMULACIN DEL PLAN DE GESTIN PARA EL DISEO,
Proyecto: CONSTRUCCIN Y COMERCIALIZACIN DEL PROYECTO

* Estudio de Mercado
Estudios Realizados * Estudio Tcnico
a la fecha: * Evaluacin Ambiental
* Evaluacin econmica y social mediante tcnicas para valorar los costos, beneficios y utilidad social del proyecto
Contar con:
1 PISCINAS A CHORROS
2 PISCINAS DINMICAS
PISCINAS DE CONTRATETE
2
TRMICO
2 JACUZZI
1 ZONA DE MASAJES
1 PISCINA MARINA

Aspectos Legales
Para el desarrollo de este proyecto se pretende constituir una sociedad limitada
del Proyecto:
A

N PARA EL DISEO,
TO

social del proyecto

 Ao 1 Ao 2 Ao 3 Ao 4
Inflacin Proyectada 2.40% 2.14% 3.20% 3.20%
Tasa de crecimiento 1.1696% 1.1987% 1.2016% 1.1916%
poblacional (DANE)
Tasa de crecimiento del 10% 10% 10% 10%
sector
Tasa de Crecimiento 5.58% 5.60% 5.60% 5.60%
promedio
Ao 5 Ao 6 Ao 7 Ao 8 Ao 9 Ao 10
3.20% 3.20% 3.20% 3.20% 3.20% 3.20%
1.1644% 1.1644% 1.1644% 1.1644% 1.1644% 1.1644%

10% 10% 10% 10% 10% 10%

5.58% 5.58% 5.58% 5.58% 5.58% 5.58%

 PROYECTO GALERAZAMBA MARINE SPA & RESORT
INGRESOS PROYECTADOS
De acuerdo al estudio de mercado el Proyecto suministra la siguiente informacin

VENTAS PROYECTADA
Ao 1 Ao 2 Ao 3 Ao 4 Ao 5 Ao 6 Ao 7 Ao 8 Ao 9 Ao 10
N de unidades de producto vendidos a
2,884 3,172 3,490 3,839 4,223
clientes nacionales
N de unidades de producto vendidos a
8,220 9,200 9,821 10,903 11,983
clientes internacionales
N total de unidades a vender 11,104 12,372 13,311 14,742 16,206 - - - - -

Poltica de precios Ao 1 Ao 2 Ao 3 Ao 4 Ao 5 Ao 6 Ao 7 Ao 8 Ao 9 Ao 10
Precio para clientes nacionales 120,000 122,568 126,490 130,538 134,715
Precio para clientes internacionales 75,000 76,605 79,056 81,586 84,197

Ao 1 Ao 2 Ao 3 Ao 4 Ao 5 Ao 6 Ao 7 Ao 8 Ao 9 Ao 10
Ingresos por clientes nacionales 346,080,000 388,785,696 441,450,714 501,134,851 568,901,754 -
Ingresos por clientes interncionales 616,500,000 704,766,000 776,412,512 889,533,941 1,008,931,701
Total Ingresos 962,580,000 ### ### ### ### - - - - -
 PROYECTO GALERAZAMBA MARINE SPA & RESORT
COSTOS DEL PROYECTO
De acuerdo al Estudio Tcnico los Gastos del Proyecto son:
Cantidad Cantidad
Cantidad Prestaciones Total por
Costos de Mano de Obra Directa temporadas temporadas Valor Mes Salario Bsico
Promedio Sociales trabajador
bajas altas
Masajistas 4 7 800,000 424,000 1,224,000

Costo de Materiales Directos

Consumo de agua 2,000,000
Insumos 5,000,000

Costos Indirectos de Fabricacin

Mano de Obra Indirecta
Operarios 1 2 1,400,000 742,000 2,142,000
Personal de mantenimiento 4 6 535,600 283,868 819,468
Materiales Indirectos (insumos para
800,000
mantenimiento de piscinas)
Servicios Pblicos 6,000,000
Transporte 8,000,000
ORT

N de meses Total

12

12 24,000,000
12 60,000,000

12
12
12 9,600,000
12 72,000,000
6 48,000,000
 PROYECTO GALERAZAMBA MARINE SPA & RESORT
GASTOS
De acuerdo al Estudio Tcnico los Gastos del Proyecto son:
Cantidad Cantidad
Salario Prestaciones Total por Nmero de
temporad temporad Valor Mes Total por mes
Bsico Sociales trabajador meses
a baja a alta
Gastos Administrativos
Gastos de personas administrativo
Gerente 1 1 2,800,000 1,484,000 4,284,000 12
Coordinador tratamiento 1 1 1,800,000 954,000 2,754,000 12
Secretaria 1 1 800,000 424,000 1,224,000 12
Personal de servicio al cliente 1 2 700,000 371,000 1,071,000 12
Personal de seguridad 2 4 800,000 424,000 1,224,000 12
Outsoursing de contabilidad Global 1,700,000 1,700,000 12
Otros Gastos administrativos
Papelera Global 400,000 12
Relaciones pblicas Global 1,000,000 12

Total Gastos Administrativos

Gastos de ventas
Gastos personal de ventas
Jefe de ventas 1 1 2,000,000 1,060,000 3,060,000 12
Personal de ventas 3 5 1,200,000 636,000 1,836,000 12
comisiones por ventas Global
Total Gastos de ventas
Inversiones Depreciables
Edificios 20 $1,879,455,000
Gasto Depreciacion anual $93,972,750

TABLA DE DEPRECIACION
Periodo Deprec Acumu Vr Libros
1 93,972,750 1,785,482,250
2 187,945,500 1,691,509,500
3 281,918,250 1,597,536,750
4 375,891,000 1,503,564,000
5 469,863,750 1,409,591,250
6 563,836,500 1,315,618,500
7 657,809,250 1,221,645,750
8 751,782,000 1,127,673,000
9 845,754,750 1,033,700,250
10 939,727,500 939,727,500
11 1,033,700,250 845,754,750
12 1,127,673,000 751,782,000
13 1,221,645,750 657,809,250
14 1,315,618,500 563,836,500
15 1,409,591,250 469,863,750
16 1,503,564,000 375,891,000
17 1,597,536,750 281,918,250
18 1,691,509,500 187,945,500
19 1,785,482,250 93,972,750
20 1,879,455,000 -

93,972,750
2,666,667
12,000,000
Total depreciacin anual 108,639,417
Equipos de Computo 8,000,000 3
Gasto Depreciacion anual 2,666,667

TABLA DE DEPRECIACION
Periodo Deprec Acumu Vr Libros
1 2,666,667 5,333,333
2 5,333,333 2,666,667
3 8,000,000 -
MUEBLES Y ENSERES 60,000,000 5 Amortizacin del Capital Preoperativo
Gasto Depreciacion anual 12,000,000
Total Inversin Preoperativa
TABLA DE DEPRECIACION n=5
Periodo Deprec Acumu Vr Libros
1 12,000,000 48,000,000
2 24,000,000 36,000,000
3 36,000,000 24,000,000
4 48,000,000 12,000,000
5 60,000,000 -
Capital Preoperativo

223,891,505
44,778,301 por ao
 PROYECTO
INVERSIN FIJA
Unidad Cantidad Valor Total
PROPIEDAD PLANTA Y EQUIPO
Costo del lote Global 300,000,000 300,000,000
Via de acceso Global 100,000,000 100,000,000
Movimiento de tierras Global 300,000,000 300,000,000
Acueducto Global 250,000,000 250,000,000
Alcantarillado y saneamiento Global 120,000,000 120,000,000
Instalaciones energia solar Global 11,000,000 11,000,000
Instalaciones electricas Global 50,000,000 50,000,000
Adoqun Vehicular m2 819 45,000 36,855,000
Adoqun Peatonal m2 4000 48,000 192,000,000
Bordillos Peatonal ml 1200 22,000 26,400,000
Bordillos Vehicular ml 200 65,000 13,000,000
Zonas Verdes m2 1300 10,000 13,000,000
EQUIPO 1 Global 1 70,000,000 70,000,000
EQUIPO 2 Global 1 14,000,000 14,000,000
EQUIPO 3 Global 2 32,800,000 65,600,000
EQUIPO 4 Global 2 75,000,000 150,000,000
EQUIPO 5 Global 2 13,800,000 27,600,000
EQUIPO 6 Global 90,000,000 80,000,000
Paisajismo Global 10,000,000 10,000,000
Construccin de oficinas Global 100,000,000 100,000,000
Administracion de Obra.* (incluye Director de
la Obre, Ing. Residente, pago de servicios en Global 250,000,000 250,000,000
la obra, etc.

MUEBLES Y ENSERES Global 60,000,000

EQUIPO DE COMPUTO 8,000,000
TOTAL INVERSIN FIJA 2,247,455,000
 PROYECTO GALERAZAMBA MARINE SPA & RESORT
INVERSIN PREOPERATIVA
Unidad Cantidad Valor
ESTUDIOS
Topografa y estudio de suelo Global 11,000,000
Diseo Arquitectnico Global 10,000,000
Diseo Estructural Global 18,000,000
Diseo Hidro-sanitario Global 8,000,000
Diseo Elctrico Global 3,000,000

PUBLICIDAD Global 140,000,000

CAPACITACIN Global 4,000,000
OTROS COSTOS (Impuestos y Trmites) 29,891,505

TOTAL INVERSIN PREOPERATIVA 223,891,505

 Mes 1 Mes 2
Recaudos por ventas
Recaudos por ventas a usuarios
3,460,800 13,843,200
locales
Recaudos por ventas a turistas
12,330,000 30,825,000
nacionales e internacionales

Total Recaudos por ventas 15,790,800 44,668,200

(-) salidas de efectivo

Salarios 20,042,400 20,042,400
Prestaciones sociales 4,607,906 4,607,906
Parafiscales 1,803,816 1,803,816
Otros Costos y gastos 24,900,000 20,400,000

Total salidad de efectivo 51,354,122 46,854,122

Saldo Mes - 35,563,322 - 2,185,922

Saldo acumulado - 35,563,322 - 37,749,244

Dficit acumulado mximo

- 37,749,244
de efectivo
37,749,244

CLIENTES NACIONALES

346,080,000
Mes 1 1%
Mes 2 4%
Mes 3 5%
Mes 4 10%
Mes 5 5%
Mes 6 5%
Mes 7 15%
Mes 8 5%
Mes 9 5%
Mes 10 10%
Mes 11 15%
Mes 12 20%
100%
 Salidas
GASTOS DE PERSONASL Y MANO DE OBRA
Gerente
Coordinador mdico
Secretaria
Personal de servicio al cliente
Personal de seguridad
Jefe de ventas
Personal de ventas
Instructores
Personal de mantenimiento
Masajistas
Total

EPS 8.5%
PENSIN 12%
PARAFISCALES 9%
ARP 0.50%
AUXILIO DE TRANSPORTE 66,500
PRIMAS LEGALES 50%

OTROS COSTOS Y GASTOS

Materiales Indirectos (insumos para mantenimiento de piscinas)

Servicios Pblicos
Transporte de turistas (buses)
Outsoursing de contabilidad
Papelera
Relaciones pblicas
Consumo de agua
Insumos para tratamientos
comisiones por ventas
Total otros costos y gastos
 Calculo Inversin de Capital de T
Mes 3 Mes 4 Mes 5 Mes 6

17,304,000 34,608,000 17,304,000 17,304,000

73,980,000 135,630,000 166,455,000 197,280,000

91,284,000 170,238,000 183,759,000 214,584,000

20,042,400 29,613,600 20,042,400 20,042,400

4,607,906 4,607,906 4,607,906 27,042,706
1,803,816 1,803,816 1,803,816 1,803,816
17,900,000 27,400,000 17,900,000 20,400,000

44,354,122 63,425,322 44,354,122 69,288,922

46,929,878 106,812,678 139,404,878 145,295,078

9,180,634 115,993,312 255,398,190 394,803,068

CALCULOS AO 1 (por mes)

Ingresos

CLIENTES NACIONALES CLIENTES INTERNCIONAL

Acumulado 616,500,000
3,460,800 3,460,800 2%
13,843,200 17,304,000 5%
17,304,000 34,608,000 5%
34,608,000 69,216,000 10%
17,304,000 86,520,000 5%
17,304,000 103,824,000 5%
51,912,000 155,736,000 12%
17,304,000 173,040,000 5%
17,304,000 190,344,000 5%
34,608,000 224,952,000 5%
51,912,000 276,864,000 17%
69,216,000 346,080,000 24%
346,080,000 100%
 M
Numero de personas
Salario Bsico Numero de personas FIJAS Salario
VARIABLES
2,800,000 1 1 2,800,000
1,800,000 1 1 1,800,000
800,000 1 1 800,000
700,000 1 2 700,000
800,000 2 4 1,600,000
2,000,000 1 1 2,000,000
1,200,000 3 5 3,600,000
1,400,000 1 2 1,400,000
535,600 4 6 2,142,400
800,000 4 7 3,200,000
20,042,400

238000
336000
252000
14000

Mes 1 Mes 2 Mes 3 Mes 4

800,000 800,000 800,000 800,000

6,000,000 6,000,000 6,000,000 6,000,000

8,000,000 1,000,000 1,000,000 8,000,000
1,700,000 1,700,000 1,700,000 1,700,000
400,000 400,000 400,000 400,000
1,000,000 1,000,000 1,000,000 1,000,000
2,000,000 2,000,000 2,000,000 2,000,000
5,000,000 5,000,000 5,000,000 5,000,000
2,500,000 2,500,000
24,900,000 20,400,000 17,900,000 27,400,000
de Capital de Trabajo
Mes 7 Mes 8 Mes 9

51,912,000 17,304,000 17,304,000

271,260,000 302,085,000 332,910,000

323,172,000 319,389,000 350,214,000

29,613,600 20,042,400 20,042,400

7,282,856 4,607,906 4,607,906
2,665,224 2,665,224 2,665,224
24,900,000 20,400,000 17,900,000

64,461,680 47,715,530 45,215,530

258,710,320 271,673,470 304,998,470

653,513,388 925,186,858 1,230,185,328

ENTES INTERNCIONALES Total por ingresos por mes

Acumulado
12,330,000 12,330,000 15,790,800
30,825,000 43,155,000 44,668,200
30,825,000 73,980,000 48,129,000
61,650,000 135,630,000 96,258,000
30,825,000 166,455,000 48,129,000
30,825,000 197,280,000 48,129,000
73,980,000 271,260,000 125,892,000
30,825,000 302,085,000 48,129,000
30,825,000 332,910,000 48,129,000
30,825,000 363,735,000 65,433,000
104,805,000 468,540,000 156,717,000
147,960,000 616,500,000 217,176,000
616,500,000 962,580,000
 Mes 1 Mes 2
Prestaciones Parafiscales Salario

588,000 252,000 2,800,000

378,000 162,000 1,800,000
234,500 72,000 800,000
213,500 63,000 700,000
336,000 144,000 1,600,000
420,000 180,000 2,000,000
756,000 324,000 3,600,000
294,000 126,000 1,400,000
715,904 192,816 2,142,400
672,002 288,000 3,200,000
4,607,906 1,803,816 20,042,400

Mes 5 Mes 6 Mes 7

800,000 800,000 800,000

6,000,000 6,000,000 6,000,000

1,000,000 1,000,000 8,000,000
1,700,000 1,700,000 1,700,000
400,000 400,000 400,000
1,000,000 1,000,000 1,000,000
2,000,000 2,000,000 2,000,000
5,000,000 5,000,000 5,000,000
2,500,000
17,900,000 20,400,000 24,900,000
Mes 10 Mes 11 Mes 12

34,608,000 51,912,000 69,216,000

363,735,000 104,805,000 147,960,000

398,343,000 156,717,000 217,176,000

20,042,400 29,613,600 29,613,600

4,607,906 7,282,856 22,089,656
2,665,224 2,665,224 2,665,224
20,400,000 24,900,000 28,400,000

47,715,530 64,461,680 82,768,480

350,627,470 92,255,320 134,407,520

1,580,812,798 1,673,068,118 1,807,475,638

Mes 2 Mes 3
Prestaciones Parafiscales Salario Prestaciones

588,000 252,000 2,800,000 588,000

378,000 162,000 1,800,000 378,000
234,500 72,000 800,000 234,500
213,500 63,000 700,000 213,500
336,000 144,000 1,600,000 336,000
420,000 180,000 2,000,000 420,000
756,000 324,000 3,600,000 756,000
294,000 126,000 1,400,000 294,000
715,904 192,816 2,142,400 715,904
672,002 288,000 3,200,000 672,002
4,607,906 1,803,816 20,042,400 4,607,906

Mes 8 Mes 9 Mes 10 Mes 11

800,000 800,000 800,000 800,000

6,000,000 6,000,000 6,000,000 6,000,000

1,000,000 1,000,000 1,000,000 8,000,000
1,700,000 1,700,000 1,700,000 1,700,000
400,000 400,000 400,000 400,000
1,000,000 1,000,000 1,000,000 1,000,000
2,000,000 2,000,000 2,000,000 2,000,000
5,000,000 5,000,000 5,000,000 5,000,000
2,500,000 2,500,000
20,400,000 17,900,000 20,400,000 24,900,000
Mes 3 Mes 4
Parafiscales Salario Prestaciones Parafiscales

252,000 2,800,000 588,000 252,000

162,000 1,800,000 378,000 162,000
72,000 800,000 234,500 72,000
63,000 1,400,000 427,000 126,000
144,000 3,200,000 672,000 288,000
180,000 2,000,000 420,000 180,000
324,000 6,000,000 1,260,000 540,000
126,000 2,800,000 588,000 252,000
192,816 3,213,600 1,073,856 289,224
288,000 5,600,000 1,641,500 504,000
1,803,816 29,613,600 7,282,856 2,665,224

Mes 12

800,000

6,000,000
9,000,000
1,700,000
400,000
1,000,000
2,000,000
5,000,000
2,500,000
28,400,000
 Mes 5 Mes 6
Salario Prestaciones Parafiscales Salario Prestaciones

2,800,000 588,000 252,000 2,800,000 1,988,000

1,800,000 378,000 162,000 1,800,000 1,278,000
800,000 234,500 72,000 800,000 634,500
700,000 213,500 63,000 700,000 563,500
1,600,000 336,000 144,000 1,600,000 1,936,000
2,000,000 420,000 180,000 2,000,000 1,420,000
3,600,000 756,000 324,000 3,600,000 6,156,000
1,400,000 294,000 126,000 1,400,000 994,000
2,142,400 715,904 192,816 2,142,400 5,000,704
3,200,000 672,002 288,000 3,200,000 7,072,002
20,042,400 4,607,906 1,803,816 20,042,400 27,042,706
es 6 Mes 7 Mes
Parafiscales Salario Prestaciones Parafiscales Salario

252,000 2,800,000 588,000 252,000 2,800,000

162,000 1,800,000 378,000 162,000 1,800,000
72,000 800,000 234,500 72,000 800,000
63,000 1,400,000 427,000 126,000 700,000
144,000 3,200,000 672,000 288,000 1,600,000
180,000 2,000,000 420,000 180,000 2,000,000
324,000 6,000,000 1,260,000 540,000 3,600,000
126,000 2,800,000 588,000 252,000 1,400,000
192,816 3,213,600 1,073,856 289,224 2,142,400
288,000 5,600,000 1,641,500 504,000 3,200,000
1,803,816 29,613,600 7,282,856 2,665,224 20,042,400
 Mes 8 Mes 9
Prestaciones Parafiscales Salario Prestaciones

588,000 252,000 2,800,000 588,000

378,000 162,000 1,800,000 378,000
234,500 72,000 800,000 234,500
213,500 126,000 700,000 213,500
336,000 288,000 1,600,000 336,000
420,000 180,000 2,000,000 420,000
756,000 540,000 3,600,000 756,000
294,000 252,000 1,400,000 294,000
715,904 289,224 2,142,400 715,904
672,002 504,000 3,200,000 672,002
4,607,906 2,665,224 20,042,400 4,607,906
9 Mes 10
Parafiscales Salario Prestaciones Parafiscales

252,000 2,800,000 588,000 252,000

162,000 1,800,000 378,000 162,000
72,000 800,000 234,500 72,000
126,000 700,000 213,500 126,000
288,000 1,600,000 336,000 288,000
180,000 2,000,000 420,000 180,000
540,000 3,600,000 756,000 540,000
252,000 1,400,000 294,000 252,000
289,224 2,142,400 715,904 289,224
504,000 3,200,000 672,002 504,000
2,665,224 20,042,400 4,607,906 2,665,224
 Mes 11 Mes 12
Salario Prestaciones Parafiscales Salario

2,800,000 588,000 252,000 2,800,000

1,800,000 378,000 162,000 1,800,000
800,000 234,500 72,000 800,000
1,400,000 427,000 126,000 1,400,000
3,200,000 672,000 288,000 3,200,000
2,000,000 420,000 180,000 2,000,000
6,000,000 1,260,000 540,000 6,000,000
2,800,000 588,000 252,000 2,800,000
3,213,600 1,073,856 289,224 3,213,600
5,600,000 1,641,500 504,000 5,600,000
29,613,600 7,282,856 2,665,224 29,613,600
Mes 12
Prestaciones Parafiscales

1,988,000 252,000
1,278,000 162,000
634,500 72,000
1,127,000 126,000
2,272,000 288,000
1,420,000 180,000
4,260,000 540,000
1,988,000 252,000
2,680,656 289,224
4,441,500 504,000
22,089,656 2,665,224
 Inversin Total

Inversin Fija 2,247,455,000

Inversin preoperativa 223,891,505
Inversin Capital de trabajo 37,749,244

Inversin Fija + Inversin Preoperativa 2,471,346,505

1 Inversin Fija y Preoperativa llevada a valor presente 2,679,284,117
Inversin de Capital de trabajo 37,749,244

2,717,033,361

Total Inversin ao 0 2,717,033,361

1,123,727,500
1,347,619,005
207,937,612
Tasa de Interes 15.43% ea
Prima de Riesgo 5%

TOTAL INVERSIN ###

FINANCIACIN
Socios 70% 1,901,923,353
Bancos 30% 815,110,008
Total 2,717,033,361

Rentabilidad
esperada por el
inversionista 20.43%

WACC 18.93%
 Periodo Inters Capital
Porcentaje de Financiacin 30% 0
Prstamo 815,110,008 1 74,229,925.52 48,107,534
Plazo 10 2 66,806,932.97 55,530,527
Tasa de Inters del Prestamo 15.43% 3 59,383,940.41 62,953,519
4 51,960,947.86 70,376,512
INTERES TOTAL 408,264,590.35 5 44,537,955.31 77,799,505
6 37,114,962.76 85,222,497
7 29,691,970.21 92,645,490
8 22,268,977.66 100,068,482
9 14,845,985.10 107,491,475

10 7,422,992.55 114,914,467
TOTAL PRESTAMO

Periodo Inters Capital

Porcentaje de Financiacin 30% 0
Prstamo 815,110,008 1 81,667,137 66,159,379
Plazo 8 2 71,458,745 76,367,771
Tasa de Inters del Prestamo 15.43% 3 61,250,353 86,576,163
4 51,041,961 96,784,555
INTERES TOTAL 367,502,116 5 40,833,568 106,992,947
6 30,625,176 117,201,339
7 20,416,784 127,409,731
8 10,208,392 137,618,123
TOTAL PRESTAMO

Periodo Inters Capital

Porcentaje de Financiacin 30% 0
Prstamo 815,110,008 1 96,111,474 124,577,412
Plazo 5 2 76,889,179 143,799,707
Tasa de Inters del Prestamo 15.43% 3 57,666,884 163,022,002
4 38,444,589 182,244,296
INTERES TOTAL 288,334,421 5 19,222,295 201,466,591
TOTAL PRESTAMO
 Saldo Cuota
1,223,374,599
1,101,037,139 122,337,459.88
978,699,679 122,337,459.88
856,362,219 122,337,459.88
734,024,759 122,337,459.88
611,687,299 122,337,459.88
489,349,840 122,337,459.88
367,012,380 122,337,459.88
244,674,920 122,337,459.88
122,337,460 122,337,459.88

0 122,337,459.88
PRESTAMO 1,223,374,598.79

Saldo Cuota
1,182,612,125
1,034,785,609 147,826,515.61
886,959,094 147,826,515.61
739,132,578 147,826,515.61
591,306,062 147,826,515.61
443,479,547 147,826,515.61
295,653,031 147,826,515.61
147,826,516 147,826,515.61
0 147,826,515.61
TOTAL PRESTAMO 1,182,612,125

Saldo Cuota
1,103,444,429
882,755,543 220,688,885.83
662,066,657 220,688,885.83
441,377,772 220,688,885.83
220,688,886 220,688,885.83
0 220,688,885.83
L PRESTAMO 1,103,444,429
Se Plantean tres escenarios

n= 5
n= 8
n= 10
CALCULO VALOR DE DESECHO

Vr. Depreciacion
Concepto Costo de Aquisicin Vida Util
ao
Edificios 1,879,455,000 20 93,972,750
Equipos de Computo 8,000,000 3 2,666,667
MUEBLES Y ENSERES 60,000,000 5 12,000,000
108,639,417
 Vr depre. Vr depre. Vr depre.
Vr. En libros n=5 Vr. En libros n=8 Vr. En libros n=10
Acumulada n=5 Acumulada n=8 Acumulada n=10
469,863,750 751,782,000 939,727,500 1,409,591,250 1,127,673,000 939,727,500
8,000,000 8,000,000 8,000,000 - - -
60,000,000 60,000,000 60,000,000 - - -
1,409,591,250 1,127,673,000 939,727,500
T 35%

Ao 0 Ao 1
Ingresos

Tratamientos usuarios locales a vender 2,884

Tratamientos turistas nacionales y extranjeros a vender

8,220
Precio de tratamientos para usuarios
locales (Tres seciones de tratamientos) 120,000
Precio de tratamientos para Turistas
nacionales y Extranjeros (3 horas de
SPA) 75,000
Ingresos por Ventas usuarios locales 346,080,000
Ingresos por Ventas turistas nacionales y extranjeros 616,500,000
Venta de Activo Fijo
Total Ingresos 962,580,000

Egresos
Costos de Mano de Obra Directa 73,440,000
Costo de Materiales Directos 84,000,000
CIF 209,762,208
Gastos Administrativos 161,160,000
Gastos de ventas 92,112,000
Otros gastos 16,800,000
Depreciacion 108,639,417
Valor en Libros Activos Vendidos
Total Egresos 745,913,625
Utilidad Operativa (U.A.I.I.) 216,666,375
(-) Pago de Intereses Prestamo bancario 96,111,474
Utilidad Antes de Impuestos (U.A.I.) 312,777,849
(-) Impuesto Renta 109,472,247
Utilidad Neta 203,305,602
Ajustes Contables
(+) Depreciaciones y Amortizacion (8) 108,639,417
(+) Valor en Libros Activos Vendidos (9)
(-) Inversiones
Terrenos - 300,000,000
Edificios - 1,879,455,000
Equipos de computo - 8,000,000
Muebles y enseres - 60,000,000
Capital de Trabajo - 37,749,244
Gastos de Puesta en Marcha - 223,891,505

Total Inversiones - 2,509,095,749

(+) Ingresos por Recursos de Creditos 474,971,825
(+) Recuperacion de Capital de Trabajo
(+) Valor de Desecho por Ventas de Activos
(-)abono a capital prestamo 124,577,412
Flujo Neto de Caja - 2,034,123,924 436,522,431

VALOR PRESENTE NETO - 116,235,719

TASA INTERNA DE RETORNO 18%
 Ao 2 Ao 3 Ao 4 Ao 5

3,172 3,490 3,839 4,223

9,200 9,821 10,903 11,983

122,568 126,490 130,538 134,715

76,605 79,056 81,586 84,197

388,785,696 441,450,714 501,134,851 568,901,754
704,766,000 776,412,512 889,533,941 1,008,931,701
1,409,591,250
1,093,551,696 1,217,863,226 1,390,668,792 2,987,424,706

79,212,290 82,613,962 90,023,044 98,089,841

90,601,720 98,737,772 107,599,335 117,241,111
256,668,612 272,961,637 290,493,709 309,353,058
164,608,824 169,876,306 175,312,348 180,922,343
94,083,197 97,093,859 100,200,863 103,407,290
17,159,520 17,708,625 18,275,301 18,860,110
108,639,417 108,639,417 105,972,750 105,972,750
1,409,591,250
810,973,580 847,631,578 887,877,349 2,343,437,754
282,578,116 370,231,648 502,791,443 643,986,952
76,889,179 57,666,884 38,444,589 19,222,295
359,467,295 427,898,532 541,236,032 663,209,247
125,813,553 149,764,486 189,432,611 232,123,236
233,653,742 278,134,046 351,803,421 431,086,010

108,639,417 108,639,417 105,972,750 105,972,750

1,409,591,250

37,749,244
 76,889,179 57,666,884 38,444,589 19,222,295
419,182,337 444,440,347 496,220,760 1,965,872,305
T 35%

Ao 0
Ingresos
Tratamientos usuarios locales a vender
Tratamientos turistas nacionales y extranjeros a vender

Precio de tratamientos para usuarios

locales (Tres seciones de tratamientos)
Precio de tratamientos para Turistas
nacionales y Extranjeros (3 horas de
SPA)
Ingresos por Ventas usuarios locales
Ingresos por Ventas turistas nacionales y extranjeros
Venta de Activo Fijo
Total Ingresos

Egresos
Costos de Mano de Obra Directa
Costo de Materiales Directos
CIF
Gastos Administrativos
Gastos de ventas
Otros gastos
Depreciacion
Valor en Libros Activos Vendidos
Total Egresos
Utilidad Operativa (U.A.I.I.)
(-) Pago de Intereses Prestamo bancario
Utilidad Antes de Impuestos (U.A.I.)
(-) Impuesto Renta
Utilidad Neta
Ajustes Contables
(+) Depreciaciones y Amortizacion (8)
(+) Valor en Libros Activos Vendidos (9)
(-) Inversiones
Terrenos - 300,000,000
Edificios - 1,879,455,000
Equipos de computo - 8,000,000
Muebles y enseres - 60,000,000
Capital de Trabajo - 37,749,244
Gastos de Puesta en Marcha - 223,891,505
Total Inversiones - 2,509,095,749
(+) Ingresos por Recursos de Creditos 474,971,825
(+) Recuperacion de Capital de Trabajo
(+) Valor de Desecho por Ventas de Activos
(-)abono a capital prestamo
Flujo Neto de Caja - 2,034,123,924

VALOR PRESENTE NETO - 732,119,987

TASA INTERNA DE RETORNO 4%
 Ao 1 Ao 2 Ao 3 Ao 4 Ao 5

2,884 3,172 3,490 3,839 4,223

8,220 9,200 9,821 10,903 11,983

120,000 122,568 126,490 130,538 134,715

75,000 76,605 79,056 81,586 84,197

346,080,000 388,785,696 441,450,714 501,134,851 568,901,754
616,500,000 704,766,000 776,412,512 889,533,941 1,008,931,701

962,580,000 1,093,551,696 1,217,863,226 1,390,668,792 1,577,833,456

73,440,000 79,212,290 82,613,962 90,023,044 98,089,841

84,000,000 90,601,720 98,737,772 107,599,335 117,241,111
209,762,208 256,668,612 272,961,637 290,493,709 309,353,058
161,160,000 164,608,824 169,876,306 175,312,348 180,922,343
92,112,000 94,083,197 97,093,859 100,200,863 103,407,290
16,800,000 17,159,520 17,708,625 18,275,301 18,860,110
108,639,417 108,639,417 108,639,417 105,972,750 105,972,750

745,913,625 810,973,580 847,631,578 887,877,349 933,846,504

216,666,375 282,578,116 370,231,648 502,791,443 643,986,952
81,667,137 71,458,745 61,250,353 51,041,961 40,833,568
298,333,512 354,036,861 431,482,001 553,833,403 684,820,521
104,416,729 123,912,901 151,018,700 193,841,691 239,687,182
193,916,783 230,123,960 280,463,301 359,991,712 445,133,338

108,639,417 108,639,417 108,639,417 105,972,750 105,972,750

-

66,159,379 76,367,771 86,576,163 96,784,555 106,992,947

368,715,578 415,131,147 475,678,880 562,749,017 658,099,035
 Ao 6 Ao 7 Ao 8

- - -

- - -

0 0 0

0 0 0
- - -
- - -
1,127,673,000
- - 1,127,673,000

106,879,489 116,456,761 126,892,235

127,746,868 139,194,027 151,666,945
329,672,878 351,576,696 375,198,872
186,711,858 192,686,638 198,852,610
106,716,323 110,131,246 113,655,446
19,463,634 20,086,470 20,729,237
93,972,750 93,972,750 93,972,750
1,127,673,000
971,163,801 1,024,104,588 2,208,641,095
- 971,163,801 - 1,024,104,588 - 1,080,968,095
30,625,176 20,416,784 10,208,392
- 940,538,625 - 1,003,687,804 - 1,070,759,703
- 329,188,519 - 351,290,731 - 374,765,896
- 611,350,106 - 652,397,072 - 695,993,807

93,972,750 93,972,750 93,972,750

1,127,673,000

37,749,244

117,201,339 127,409,731 137,618,123

- 400,176,017 - 431,014,591 701,019,311
T 35%
FLUJO DE CA
Ao 0 Ao 1
Ingresos
Tratamientos usuarios locales a vender 2,884

Tratamientos turistas nacionales y extranjeros a vender

8,220
Precio de tratamientos para usuarios locales (Tres
seciones de tratamientos) 120,000
Precio de tratamientos para Turistas nacionales y
Extranjeros (3 horas de SPA) 75,000
Ingresos por Ventas usuarios locales 346,080,000
Ingresos por Ventas turistas nacionales y extranjeros 616,500,000
Venta de Activo Fijo
Total Ingresos 962,580,000

Egresos
Costos de Mano de Obra Directa 73,440,000
Costo de Materiales Directos 84,000,000
CIF 209,762,208
Gastos Administrativos 161,160,000
Gastos de ventas 92,112,000
Otros gastos 16,800,000
Depreciacion y amortizacin 153,417,718
Valor en Libros Activos Vendidos
Total Egresos 790,691,926
Utilidad Operativa (U.A.I.I.) 171,888,074
(-) Pago de Intereses Prestamo bancario 66,806,933
Utilidad Antes de Impuestos (U.A.I.) 238,695,007
(-) Impuesto Renta 83,543,253
Utilidad Neta 155,151,755
Ajustes Contables
(+) Depreciaciones y Amortizacion 153,417,718
(+) Valor en Libros Activos Vendidos (9)
(-) Inversiones
Terrenos - 300,000,000
Edificios - 1,879,455,000
Equipos de computo - 8,000,000
Muebles y enseres - 60,000,000
Capital de Trabajo - 37,749,244
Gastos de Puesta en Marcha - 223,891,505
Total Inversiones - 2,509,095,749
(+) Ingresos por Recursos de Creditos 815,110,008
(+) Mayor valor de inversin fija (de ao -1 a 0) - 207,937,612
(+) Recuperacion de Capital de Trabajo
(+) Valor de Desecho por Ventas de Activos
(-)abono a capital prestamo 48,107,534
Flujo Neto de Caja - 1,901,923,353 356,677,007

VALOR PRESENTE NETO - 955,650,910

TASA INTERNA DE RETORNO Err:523
FLUJO DE CAJA PROYECTADO DEL PROYECTO GALERAZAMBA MARINE SPA & RESORT
Ao 2 Ao 3 Ao 4 Ao 5 Ao 6

3,172 3,490 3,839 4,223 -

9,200 9,821 10,903 11,983 -

122,568 126,490 130,538 134,715 0

76,605 79,056 81,586 84,197 0

388,785,696 441,450,714 501,134,851 568,901,754 -
704,766,000 776,412,512 889,533,941 1,008,931,701 -

1,093,551,696 1,217,863,226 1,390,668,792 1,577,833,456 -

79,212,290 82,613,962 90,023,044 98,089,841 106,879,489

90,601,720 98,737,772 107,599,335 117,241,111 127,746,868
256,668,612 272,961,637 290,493,709 309,353,058 329,672,878
164,608,824 169,876,306 175,312,348 180,922,343 186,711,858
94,083,197 97,093,859 100,200,863 103,407,290 106,716,323
17,159,520 17,708,625 18,275,301 18,860,110 19,463,634
153,417,718 153,417,718 150,751,051 150,751,051 93,972,750

855,751,881 892,409,879 932,655,650 978,624,805 971,163,801

237,799,815 325,453,347 458,013,142 599,208,651 - 971,163,801
59,383,940 51,960,948 44,537,955 37,114,963 29,691,970
297,183,756 377,414,295 502,551,097 636,323,614 - 941,471,831
104,014,315 132,095,003 175,892,884 222,713,265 - 329,515,141
193,169,441 245,319,292 326,658,213 413,610,349 - 611,956,690

153,417,718 153,417,718 150,751,051 150,751,051 93,972,750

-

55,530,527 62,953,519 70,376,512 77,799,505 85,222,497

402,117,686 461,690,529 547,785,776 642,160,905 - 432,761,443
PA & RESORT
Ao 7 Ao 8 Ao 9 Ao 10

- - - -

- - - -

0 0 0 0

0 0 0 0
- - - -
- - - -
939,727,500
- - - 939,727,500

116,456,761 126,892,235 138,262,812 146,946,644

139,194,027 151,666,945 165,257,538 180,065,958
351,576,696 375,198,872 400,685,565 428,195,779
192,686,638 198,852,610 205,215,894 211,782,802
110,131,246 113,655,446 117,292,420 121,045,777
20,086,470 20,729,237 21,392,573 22,077,135
93,972,750 93,972,750 93,972,750 93,972,750
939,727,500
1,024,104,588 1,080,968,095 1,142,079,551 2,143,814,346
- 1,024,104,588 - 1,080,968,095 - 1,142,079,551 - 1,204,086,846
22,268,978 14,845,985 7,422,993 7,422,993
- 1,001,835,610 - 1,066,122,110 - 1,134,656,558 - 1,196,663,854
- 350,642,464 - 373,142,738 - 397,129,795 - 418,832,349
- 651,193,147 - 692,979,371 - 737,526,763 - 777,831,505

93,972,750 93,972,750 93,972,750 93,972,750

939,727,500

37,749,244

92,645,490 100,068,482 107,491,475 114,914,467

- 464,574,907 - 498,938,139 - 536,062,538 408,532,456