CASO SMC SAC

(Expresado en US$)
DATOS GENERALES
800

Precio esperado promedio anual

Costo de consultoria
Alquiler Camiones
Costo Materia Prima
MOD
Energia
Inversion Equipo
Periodo de depreciacin
Valor de Reventa Equipo
Dias Cobranza
Dias Pago a Proveedores
Dias Inventario de Suministros
Dias PP y PT
CPPC
Tasa de Impuesto a la Renta

120,000
200,000 Anuales
200 Por TM
100 Por TM
20 Por TM
36,000,000
5 Aos
2,000,000
56 Dias
28 Dias
7 Dias
16 Dias
10%
30%

CALCULOS GENERALES
INGRESOS
Ventas
Precio de venta
Ventas totales

0
Mil. TM
$ / unid

Costo Total de Produccion

Materiales
M.Obra
Energa
Depreciacin
Costo Total

45,000
800.00
36,000,000

COSTOS
Costo Variable Unitario
Materiales
M.Obra
Energa

US$/TM
US$/TM
US$/TM

US$
US$
US$
US$

DEPRECIACION

Depreciacion proyectada

CAPITAL DE TRABAJO

5,965,000

FLUJO DE CAJA

30,000
800.00
24,000,000
3

20,000
800.00
16,000,000
4

10,000
800.00
8,000,000
5

200
100
20

200
100
20

200
100
20

200
100
20

200
100
20

9,000,000
4,500,000
900,000
7,200,000
21,600,000

8,000,000
4,000,000
800,000
7,200,000
20,000,000

6,000,000
3,000,000
600,000
7,200,000
16,800,000

4,000,000
2,000,000
400,000
7,200,000
13,600,000

2,000,000
1,000,000
200,000
7,200,000
10,400,000

1
7,200,000

Cuentas por cobrar

Suministros
Prod Proc y terminad
Cuentas por pagar
Total Inversion
Inversion Adicional

40,000
800.00
32,000,000

1
5,600,000
175,000
960,000
770,000
5,965,000
(627,222)

2
7,200,000

2
4,977,778
155,556
888,889
684,444
5,337,778
(1,254,444)

3
7,200,000

3
3,733,333
116,667
746,667
513,333
4,083,333
(1,254,444)

4
7,200,000

4
2,488,889
77,778
604,444
342,222
2,828,889
(1,254,444)

5
7,200,000

5
1,244,444
38,889
462,222
171,111
1,574,444
-

Flujo Operativo
Ingresos

36,000,000

32,000,000

24,000,000

16,000,000

8,000,000

Costos
Depreciacin
Utilidad operativa AI
Impuesto a la renta
Utilidad Neta

14,400,000
7,200,000
14,400,000
(4,320,000)
10,080,000

12,800,000
7,200,000
12,000,000
(3,600,000)
8,400,000

9,600,000
7,200,000
7,200,000
(2,160,000)
5,040,000

6,400,000
7,200,000
2,400,000
(720,000)
1,680,000

3,200,000
7,200,000
(2,400,000)
720,000
(1,680,000)

30%

(+) Depreciacin
Flujo de Caja de operacin
Flujo de Inversin
Inversion en KT
Recuperacion KT
Inversin en equipos
Valor de Salvamento Neto
Flujo de Caja de Inversion

(5,965,000)

7,200,000

7,200,000

7,200,000

7,200,000

15,600,000

12,240,000

8,880,000

5,520,000

627,222

1,254,444

1,254,444

1,254,444

1,574,444

627,222

1,254,444

1,254,444

1,254,444

1,400,000
2,974,444

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(36,000,000)
(41,965,000)

Alquiler perdido
Perdida Flujo Operativo
Flujo de Caja Economico
CPPC
VAN
TIR

7,200,000
17,280,000

(41,965,000)
10%
3,982,536
14%

16,167,222

15,114,444

11,754,444

8,394,444

6,754,444

V.Mercado
(-) V.Libros
Base Imp.
IR
Util. Extraord.
(+) V.Libros
Valor Residual

2,000,000
2,000,000
(600,000)
1,400,000
1,400,000

Inv. Inicial
Drp. Acum.
V. Libros

36,000,000
(36,000,000)
-

Inv. Inicial M$
Salvamento M$

CASO SMC SAC

120000
51,429

(Expresado en US$)
DATOS GENERALES
800

Precio esperado promedio anual

Costo de consultoria
Alquiler Camiones
Costo Materia Prima
MOD
Energia
Inversion Equipo
Periodo de depreciacin
Valor de Reventa Equipo
Dias Cobranza
Dias Pago a Proveedores
Dias Inventario de Suministros
Dias PP y PT
CPPC
Tasa de Impuesto a la Renta

120,000
200,000 Anuales
200 Por TM
100 Por TM
20 Por TM
36,000,000
5 Aos
2,000,000
56 Dias
28 Dias
7 Dias
16 Dias
10%
30%

CALCULOS GENERALES
INGRESOS
Ventas
Precio de venta
Ventas totales

0
Mil. TM
$ / unid

COSTOS
Costo Variable Unitario
Materiales
M.Obra
Energa
Costo Total de Produccion
Materiales
M.Obra
Energa
Depreciacin
Costo Total

Precio llanta
Costos variables

PEO
36
18

Precio incrementa

1%

Cv increm
Egresos M$
tasa fiscal
inflacion
COK
Mercado autos
Nro llantas/auto
Total mercado llantas POE
tasa crec mercado
mercado llantas Good
mercado llantas Good
Total mercado llantas reempl
tasa crec mercado
mercado llantas Good
mercado llantas Good
CTN inicial
CTN despues
1
45,000
800.00
36,000,000
1

DEPRECIACION

CAPITAL DE TRABAJO

FLUJO DE CAJA

ventas
3
30,000
800.00
24,000,000
3

20,000
800.00
16,000,000
4

10,000
800.00
8,000,000
5

200
100
20

200
100
20

200
100
20

200
100
20

200
100
20

9,000,000
4,500,000
900,000
7,200,000
21,600,000

8,000,000
4,000,000
800,000
7,200,000
20,000,000

6,000,000
3,000,000
600,000
7,200,000
16,800,000

4,000,000
2,000,000
400,000
7,200,000
13,600,000

2,000,000
1,000,000
200,000
7,200,000
10,400,000

7,200,000

7,200,000

5,600,000
175,000
960,000
770,000
5,965,000

4,977,778
155,556
888,889
684,444
5,337,778
(1,254,444)

Depreciacion proyectada

Cuentas por cobrar

Suministros
Prod Proc y terminad
Cuentas por pagar
Total Inversion
Inversion Adicional

1%
25000
40%
3.25%
15.90%
2000000
4
8000000
2.50%
11%
880000
14000000
2%
8%
1,120,000
11000000
15%
2
40,000
800.00
32,000,000
2

US$/TM
US$/TM
US$/TM

US$
US$
US$
US$

Reemplazo
59
18

5,965,000

(627,222)

3
7,200,000

3
3,733,333
116,667
746,667
513,333
4,083,333
(1,254,444)

4
7,200,000

4
2,488,889
77,778
604,444
342,222
2,828,889
(1,254,444)

5
7,200,000

5
1,244,444
38,889
462,222
171,111
1,574,444
-

Flujo Operativo
Ingresos

36,000,000

32,000,000

24,000,000

16,000,000

8,000,000

Costos
Depreciacin
Utilidad operativa AI
Impuesto a la renta
Utilidad Neta

14,400,000
7,200,000
14,400,000
(4,320,000)
10,080,000

12,800,000
7,200,000
12,000,000
(3,600,000)
8,400,000

9,600,000
7,200,000
7,200,000
(2,160,000)
5,040,000

6,400,000
7,200,000
2,400,000
(720,000)
1,680,000

3,200,000
7,200,000
(2,400,000)
720,000
(1,680,000)

30%

(+) Depreciacin
Flujo de Caja de operacin
Flujo de Inversin
Inversion en KT
Recuperacion KT
Inversin en equipos
Valor de Salvamento Neto
Flujo de Caja de Inversion

7,200,000

7,200,000

7,200,000

7,200,000

15,600,000

12,240,000

8,880,000

5,520,000

627,222

1,254,444

1,254,444

1,254,444

1,574,444

627,222

1,254,444

1,254,444

1,254,444

1,400,000
2,974,444

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(5,965,000)
(36,000,000)
(41,965,000)

Alquiler perdido
Perdida Flujo Operativo
Flujo de Caja Economico
CPPC
VAN
TIR

7,200,000
17,280,000

(41,965,000)
10%
3,982,536
14%

16,167,222

15,114,444

11,754,444

8,394,444

6,754,444

V.Mercado
(-) V.Libros
Base Imp.
IR
Util. Extraord.
(+) V.Libros
Valor Residual

2,000,000
2,000,000
(600,000)
1,400,000
1,400,000

Inv. Inicial
Drp. Acum.
V. Libros

36,000,000
(36,000,000)
-

CASO SMC SAC

(Expresado en US$)
DATOS GENERALES
800

Precio esperado promedio anual

Costo de consultoria
Alquiler Camiones
Costo Materia Prima
MOD
Energia
Inversion Equipo
Periodo de depreciacin
Valor de Reventa Equipo
Dias Cobranza
Dias Pago a Proveedores
Dias Inventario de Suministros
Dias PP y PT
CPPC
Tasa de Impuesto a la Renta

120,000
200,000 Anuales
200 Por TM
100 Por TM
20 Por TM
36,000,000
5 Aos
2,000,000
56 Dias
28 Dias
7 Dias
16 Dias
10%
30%

CALCULOS GENERALES
INGRESOS
Ventas
Precio de venta
Ventas totales

0
Mil. TM
$ / unid

Costo Total de Produccion

Materiales
M.Obra
Energa
Depreciacin
Costo Total
Costo anual financiar equipos
Costos administrativos
DEPRECIACION

45,000
800.00
36,000,000

COSTOS
Costo Variable Unitario
Materiales
M.Obra
Energa

US$/TM
US$/TM
US$/TM

US$
US$
US$
US$
12%
1%
0

Depreciacion proyectada
Valor libros
CAPITAL DE TRABAJO

Cuentas por cobrar

Suministros
Prod Proc y terminad
Cuentas por pagar
Total Inversion
Inversion Adicional

5,965,000

FLUJO DE CAJA

40,000
800.00
32,000,000
2

30,000
800.00
24,000,000
3

20,000
800.00
16,000,000
4

10,000
800.00
8,000,000
5

200
100
20

200
100
20

200
100
20

200
100
20

200
100
20

9,000,000
4,500,000
900,000
7,200,000
21,600,000
3,456,000.00
360,000
1

8,000,000
4,000,000
800,000
7,200,000
20,000,000
2,592,000.00
320,000
2

6,000,000
3,000,000
600,000
7,200,000
16,800,000
1,728,000.00
240,000
3

4,000,000
2,000,000
400,000
7,200,000
13,600,000
864,000.00
160,000
4

2,000,000
1,000,000
200,000
7,200,000
10,400,000
80,000
5

7,200,000
28,800,000

7,200,000
21,600,000

7,200,000
14,400,000

7,200,000
7,200,000

7,200,000
-

1
5,600,000
175,000
960,000
770,000
5,965,000
(627,222)

2
4,977,778
155,556
888,889
684,444
5,337,778
(1,254,444)

3
3,733,333
116,667
746,667
513,333
4,083,333
(1,254,444)

4
2,488,889
77,778
604,444
342,222
2,828,889
(1,254,444)

5
1,244,444
38,889
462,222
171,111
1,574,444
-

Flujo Operativo
Ingresos

36,000,000

32,000,000

24,000,000

16,000,000

8,000,000

Costos
Depreciacin
Utilidad operativa AI
Impuesto a la renta
Utilidad Neta

18,216,000
7,200,000
10,584,000
(3,175,200)
7,408,800

15,712,000
7,200,000
9,088,000
(2,726,400)
6,361,600

11,568,000
7,200,000
5,232,000
(1,569,600)
3,662,400

7,424,000
7,200,000
1,376,000
(412,800)
963,200

3,280,000
7,200,000
(2,480,000)
(2,480,000)

30%

(+) Depreciacin
Flujo de Caja de operacin
Flujo de Inversin
Inversion en KT
Recuperacion KT
Inversin en equipos
Valor de Salvamento Neto
Flujo de Caja de Inversion

(5,965,000)

7,200,000

7,200,000

7,200,000

7,200,000

13,561,600

10,862,400

8,163,200

4,720,000

627,222

1,254,444

1,254,444

1,254,444

1,574,444

627,222

1,254,444

1,254,444

1,254,444

1,400,000
2,974,444

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(140,000)
(1,600,000)

(36,000,000)
(41,965,000)

Alquiler perdido
Perdida Flujo Operativo
Flujo de Caja Economico
CPPC
VAN
TIR

7,200,000
14,608,800

(41,965,000)
10%
(2,151,788)
8%

13,496,022

13,076,044

10,376,844

7,677,644

5,954,444

V.Mercado
(-) V.Libros
Base Imp.
IR
Util. Extraord.
(+) V.Libros
Valor Residual

2,000,000
2,000,000
(600,000)
1,400,000
1,400,000

Inv. Inicial
Drp. Acum.
V. Libros

36,000,000
(36,000,000)
-

CASO SMC SAC

(Expresado en US$)
DATOS GENERALES
Precio unit

1,000

ventas (und)
Costo produccin
Costo produccon unit
Valor mercado maquina
Inversion Equipo
Periodo de depreciacin
Valor de Reventa Equipo

4,000 Anuales
1,200,000 $
300
5,500,000
10,000,000
10 Aos
400,000

CPPC
Tasa de Impuesto a la Renta

9.45%
30%

CALCULOS GENERALES
INGRESOS
Ventas
Precio de venta
Ventas totales

4,000
1,000.00
4,000,000

COSTOS
Costo Total de Produccion
Costo produccin
Depreciacin
Costo Total

Unidad
$ / unid

US$
US$

1,200,000
1,000,000
2,200,000

DEPRECIACION

Depreciacion proyectada

4,000
1,000.00
4,000,000

1,200,000
1,000,000
2,200,000

1,000,000

4,000
1,000.00
4,000,000

1,200,000
1,000,000
2,200,000

1,000,000

4,000
1,000.00
4,000,000

6
4,000
1,000.00
4,000,000

7
4,000
1,000.00
4,000,000

8
4,000
1,000.00
4,000,000

9
4,000
1,000.00
4,000,000

10
4,000
1,000.00
4,000,000

1,200,000
1,000,000
2,200,000

1,200,000
1,000,000
2,200,000

1,200,000
1,000,000
2,200,000

1,200,000
1,000,000
2,200,000

1,200,000
1,000,000
2,200,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,200,000
1,000,000
2,200,000

1,000,000

4,000
1,000.00
4,000,000

1,200,000
1,000,000
2,200,000

1,000,000

1,000,000

CAPITAL DE TRABAJO

FLUJO DE CAJA

Flujo Operativo
Ingresos

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

4,000,000

Costos
Depreciacin
Utilidad operativa AI
Impuesto a la renta
Utilidad Neta

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

1,200,000
1,000,000
1,800,000
(540,000)
1,260,000

(+) Depreciacin

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

Flujo de Caja de operacin

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

30%

Flujo de Inversin
Inversion en KT
Recuperacion KT
Inversin en equipos
Valor de Salvamento Neto
Flujo de Caja de Inversion

(10,000,000)
(10,000,000)

Alquiler perdido
Perdida Flujo Operativo
Flujo de Caja Economico
CPPC
VAN
TIR

(10,000,000)
9.45%
4,334,489
18.6%

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

2,260,000

280,000
280,000
2,540,000

V.Mercado
(-) V.Libros
Base Imp.
IR
Util. Extraord.
(+) V.Libros
Valor Residual

400,000
400,000
(120,000)
280,000
280,000

Inv. Inicial
10,000,000
Drp. Acum. (10,000,000)
V. Libros
-

CASO SMC SAC

(Expresado en US$)
DATOS GENERALES
Precio unit

1,100

ventas (und)
Costo produccin
Costo produccon unit
Valor mercado maquina
Inversion Equipo
Periodo de depreciacin
Valor de Reventa Equipo

5,500 Anuales
2,750,000 $
500
6,500,000
10 Aos
1,200,000

CPPC
Tasa de Impuesto a la Renta

9.45%
30%

CALCULOS GENERALES
INGRESOS
Ventas
Precio de venta
Ventas totales

5,500
1,100.00
6,050,000

COSTOS
Costo Total de Produccion
Costo produccin
Depreciacin
Costo Total

Unidad
$ / unid

US$
US$

2,750,000
650,000
3,400,000

DEPRECIACION

Depreciacion proyectada

5,500
1,100.00
6,050,000

2,750,000
650,000
3,400,000

650,000

5,500
1,100.00
6,050,000

2,750,000
650,000
3,400,000

650,000

5,500
1,100.00
6,050,000

6
5,500
1,100.00
6,050,000

7
5,500
1,100.00
6,050,000

8
5,500
1,100.00
6,050,000

9
5,500
1,100.00
6,050,000

10
5,500
1,100.00
6,050,000

2,750,000
650,000
3,400,000

2,750,000
650,000
3,400,000

2,750,000
650,000
3,400,000

2,750,000
650,000
3,400,000

2,750,000
650,000
3,400,000

650,000

650,000

650,000

650,000

650,000

2,750,000
650,000
3,400,000

650,000

5,500
1,100.00
6,050,000

2,750,000
650,000
3,400,000

5
650,000

650,000

CAPITAL DE TRABAJO

FLUJO DE CAJA

Flujo Operativo
Ingresos

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

6,050,000

Costos
Depreciacin
Utilidad operativa AI
Impuesto a la renta
Utilidad Neta

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

2,750,000
650,000
2,650,000
(795,000)
1,855,000

650,000

650,000

650,000

650,000

650,000

650,000

650,000

650,000

650,000

650,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

30%

(+) Depreciacin
Flujo de Caja de operacin
Flujo de Inversin
Inversion en KT
Recuperacion KT
Inversin en equipos
Valor de Salvamento Neto
Flujo de Caja de Inversion

(6,500,000)
(6,500,000)

Alquiler perdido
Perdida Flujo Operativo
Flujo de Caja Economico
CPPC
VAN
TIR

(6,500,000)
9.45%
9,603,147
37.1%

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

2,505,000

840,000
840,000
3,345,000

V.Mercado
(-) V.Libros
Base Imp.
IR
Util. Extraord.
(+) V.Libros
Valor Residual

1,200,000
1,200,000
(360,000)
840,000
840,000

Inv. Inicial
Drp. Acum.
V. Libros

6,500,000
(6,500,000)
-