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(QHO$QH[RVHSXHGHHQFRQWUDUHOGHVJORVHGHORVUXEURVGHODLQYHUVLyQ
LQLFLDO
3RU PHGLGDV GH SUHFDXFLyQ \ SDUD WHQHU XQ PHMRU PDQHMR GH OLTXLGH] OD
LQYHUVLyQ WRWDO FDOFXODGD HV GH GH OD FXDO YLHQHGHXQSUpVWDPRFRQXQDHQWLGDGSULYDGD\HOUHVWDQWH
GHODSRUWHGHFDSLWDOGHORVVRFLRV
)8(17(6'(,1*5(626
/DVIXHQWHVGHLQJUHVRVSDUDHVWHSODQGHQHJRFLRVVHYHQUHODFLRQDGDVDODV
PHPEUHVtDV YHQGLGDV ODV PHPEUHVtDV FRDFK R GH HQWUHQDPLHQWR \ ORV
FRQVXPLGRUHV SDUWLFXODUHV 3DUD FDOFXODU ORV LQJUHVRV VH UHDOL]y XQD
SUR\HFFLyQ D FLQFR DxRV HQ XQ HVFHQDULR HVSHUDGR /D WDEOD D FRQWLQXDFLyQ
PXHVWUD ORV LQJUHVRV SRU PHPEUHVtDV FRDFK \ SDUWLFXODUHV FRQ HO SUHFLR
HVSHFtILFR GH FDGD UXEUR \ OD FDQWLGDG GH SHUVRQDV TXH DGTXLHUHQ FDGD
VHUYLFLR
7DEOD,QJUHVRV
AÑO
Incremento
Entradas
2016
2017
2018
2019
2020
10.125
14.680
11.611
11.965
13.357
BebidasAlcoholicas
13.889
15.104
13.941
13.978
16.996
BebidasRefrescantes
8.817
16.247
49.079
9.269
23.662
62.715
8.847
26.568
60.967
9.019
29.367
64.329
9.902
32.785
73.041
2016
2017
2018
2019
2020
8,63
9,35
10,23
11,30
12,62
BebidasAlcoholicas
3,46
3,75
4,10
4,53
5,06
BebidasRefrescantes
TOTAL
2,30
5,05
19
2,49
5,47
21
2,73
5,98
23
3,01
6,61
25
3,37
7,38
28
TOTAL
237.737,70
346.346,90
358.925,45
419.928,39
529.861,79
Covers
TOTAL
AÑO
Incremento
Entradas
Covers
(QODVXQLGDGHVGHFDGDFDWHJRUtDVHUHDOL]yXQSURPHGLR\DTXHHVWiGLYLGLGR
HQ PHVHV VH OOHJy D XQ Q~PHUR FHUFDQR DO LQGLFDGR WLHQH XQ FUHFLPLHQWR
SURJUHVDGR GHO KDVWD HO HQ HO SUHFLR HQ ORV DxRV DO VHU YDULRV
SURGXFWRVWDPELpQVHUHDOL]yXQSURPHGLRGHSUHFLRSRUFDWHJRUtD
(Q HO $QH[R VH SXHGH HQFRQWUDU HO GHWDOOH GH ORV LQJUHVRV DVt FRPR HO
HVFHQDULRRSWLPLVWD\SHVLPLVWD
&26726),-26<9$5,$%/(6
&RVWRV)LMRV
/RV FRVWRV ILMRV VRQ DTXpOORV TXH VH PDQWLHQHQ FRQVWDQWHV HQ HO WLHPSR VLQ
GHSHQGHU OD FDQWLGDG GH JHQWH TXH DVLVWD DO FHQWUR GH GHSRUWHV H[WUHPRV
DOWHUQDWLYRV
7DEOD&RVWRV)LMRV
AÑO
Incremento
GastosSuministrosdeOficina
Segurosdemaquinaria
Mantenimientoyreparaciones
Serviciosbásicos
Gastoarriendo
Publicidad
10%delCoveralB.S.C
Guardiania
20%Promocion
GastosdeConstitución
2016
2017
2018
2019
2020
120
3.852
600
5.280
21.600
17.160
8.218
14.400
31.175
2.500
124
3.852
622
5.474
22.393
10.960
12.949
14.400
43.438
Ͳ
129
3.852
645
5.675
23.215
10.960
15.902
14.400
40.112
Ͳ
134
3.852
669
5.883
24.067
10.960
19.433
14.400
45.230
Ͳ
139
3.852
693
6.099
24.950
10.960
24.227
14.400
57.663
Ͳ
TOTAL
$104.905,07
$114.212,52
$114.888,60
$124.626,63
$142.982,88
&RVWRV9DULDEOHV
/RVFRVWRVYDULDEOHVVRQDTXpOORVTXHYDUtDQGHDFXHUGRDOJLURGHOQHJRFLRHQ
HVWHFDVRWRGDODPDWHULDSULPDTXHVHQHFHVLWDSDUDUHDOL]DUHOSURGXFWRILQDO
$OWHQHUYDULRSURGXFWRVVHVDFyHOSURPHGLRSRUFDWHJRUtD
7DEOD&RVWRV9DULDEOHV
ProduccióndelBartemáticodelBarcelonaSportingClub
Materiaprimaporcategoria
Entradas
BebidasAlcoholicas
BebidasRefrescantes
Costopromediopor
Cant.unidades
categoria
2,48
1,07
0,51
TOTAL
1029
1232
764
Costototalde
insumo
$2.551,8602
$1.318,0359
$389,7653
3025
DATOS
Tasadeinflaciónanual
Inventarioproductosterminados
Inventarioproductosenproceso
Inventariomateriaprima
$4.259,6614
COSTODEMATERIAPRIMA
$1,4081 COSTOVARIABLEUBITARIO
3,67%
0,00%
0,00%
50,00%
ventasdepróximomes
produccióndepróximomes
(QHO$QH[RVHHQFXHQWUDHOGHWDOOHGHORVFRVWRVILMRV\YDULDEOHV
0$5*(1%5872<0$5*(123(5$7,92
(O PDUJHQ EUXWR FRUUHVSRQGH D OD GLIHUHQFLD HQWUH ORV LQJUHVRV \ HO FRVWR GH
YHQWDVGHODHPSUHVD$HVWHUHVXOWDGRVHOHUHVWDORVJDVWRVRSHUDWLYRVSDUD
SRGHUREWHQHUHOPDUJHQRSHUDWLYR$FRQWLQXDFLyQHOGHWDOOHGHDPERV
7DEOD0DUJHQ%UXWR\RSHUDWLYR
MARGENBRUTO
MARGENOPERACIONAL
MARGENNETO
62,45%
Ͳ1,56%
Ͳ6,02%
64,55%
14,98%
8,14%
68,76%
20,35%
12,18%
70,01%
23,79%
15,05%
70,16%
27,97%
18,33% 7DQWR HO PDUJHQ EUXWR FRPR HO PDUJHQ RSHUDWLYR UHSUHVHQWDQ HO YDORU UHDO GH
ODV RSHUDFLRQHV GH OD HPSUHVD DQWHV GH WRPDU HQ FXHQWD OD SDUWLFLSDFLyQ GH
WUDEDMDGRUHV\SDJRGHLPSXHVWRV
&RPR VH REVHUYD HQ OD WDEOD HO PDUJHQ EUXWR HQ HO SULPHU DxR HV GHO
\ XQ PDUJHQ RSHUDWLYR GHO GH ORV FRVWRV \ JDVWRV GHO DxR HO
DXPHQWRHQORVVLJXLHQWHVDxRVSHUPLWHTXHVLJDVLHQGRYLDEOHHOSUR\HFWR
(67$'2'(5(68/7$'26$&78$/<352<(&7$'2
<DTXHVHKDUHYLVDGR\HVWDEOHFLGRORVLQJUHVRVFRVWRV\JDVWRVUHODFLRQDGRV
VHSXHGHSDVDUDUHDOL]DUODSUR\HFFLyQGHOHVWDGRGHUHVXOWDGRV
$ FRQWLQXDFLyQ VH PXHVWUD OD SUR\HFFLyQ GHO HVWDGR GH UHVXOWDGRV SDUD ORV
SUy[LPRVDxRVDSDUWLUGHOSULPHUDxRGHRSHUDFLRQHV
7DEOD(VWDGRVGH5HVXOWDGRV
ESTADODERESULTADOSPROYECTADOͲANUAL
(Ͳ)
(=)
(Ͳ)
(Ͳ)
(Ͳ)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
Ventas
Costodelosproductosvendidos
UTILIDADBRUTA
Gastossueldos
Gastosgenerales
Gastosdedepreciación
Gastosdeamortización
UTILIDADANTESDEINTERESESEIMPUESTOSYPARTICIP.
Gastosdeintereses
UTILIDADANTESDEIMPUESTOSYPARTICIPACIÓN
15%PARTICIPACIÓNTRABAJADORES
UTILIDADANTESDEIMPUESTOS
22%IMPUESTOALARENTA
UTILIDADNETA
MARGENBRUTO
MARGENOPERACIONAL
MARGENNETO
1
238.057,89
89.382,66
148.675,23
31.069,80
100.453,07
858,00
20.000,00
(3.705,63)
8.394,40
(12.100,03)
996,06
(13.096,09)
1.241,76
(14.337,85)
2
346.684,02
122.908,32
223.775,70
39.662,16
109.738,50
2.442,00
20.000,00
51.933,04
9.394,46
42.538,57
6.380,79
36.157,79
7.954,71
28.203,07
3
359.577,13
112.331,89
247.245,24
39.651,47
110.391,75
4.026,00
20.000,00
73.176,02
7.111,65
66.064,37
9.909,66
56.154,71
12.354,04
43.800,68
4
420.482,03
126.112,55
294.369,48
48.640,17
120.106,11
5.610,00
20.000,00
100.013,21
4.552,02
95.461,18
14.319,18
81.142,01
17.851,24
63.290,76
62,45%
Ͳ1,56%
Ͳ6,02%
64,55%
14,98%
8,14%
68,76%
20,35%
12,18%
70,01%
23,79%
15,05%
5
530.589,66
158.341,73
372.247,93
58.226,60
138.437,83
7.194,00
20.000,00
148.389,50
1.682,02
146.707,48
22.006,12
124.701,36
27.434,30
97.267,06
70,16%
27,97%
18,33% (QHO$QH[RVHHQFXHQWUDDGHWDOOHODSUR\HFFLyQGHOHVWDGRGHUHVXOWDGRV
SDUDORVHVFHQDULRVRSWLPLVWD\SHVLPLVWD
%$/$1&(*(1(5$/$&78$/<352<(&7$'2
(Q OD VLJXLHQWH WDEOD VH GHWDOODQ ORV YDORUHV GH ORV SULQFLSDOHV IDFWRUHV TXH
DIHFWDQ HO UHQGLPLHQWR GH OD HPSUHVD OD VLWXDFLyQ HQ XQD IHFKD GH FRUWH
HVSHFtILFD FRPR VL VH UHDOL]DUi XQ DQiOLVLV GH OD HPSUHVD HQ XQ PRPHQWR
H[DFWR
$ FRQWLQXDFLyQ VH PXHVWUD HO EDODQFH JHQHUDO DFWXDO \ SUR\HFWDGR SDUD ORV
SUy[LPRVDxRV
7DEOD%DODQFH*HQHUDO
ESTADODESITUACIÓNFINANCIERAPROYECTADO
ACTIVOS
Corrientes
Efectivo
CuentasporCobrar
InventariosProd.Terminados
InventariosMateriaPrima
InventariosSum.Fabricación
0
179.097,28
16.757,28
13.242,72
Ͳ
Ͳ
1.757,28
1.757,28
1
151.148,86
9.666,86
(3.040,68)
Ͳ
4.471,47
2.282,65
5.953,43
NoCorrientes
Propiedad,PlantayEquipo
Depreciaciónacumulada
162.340,00 141.482,00 119.040,00 95.014,00 69.404,00 42.210,00
62.340,00 62.340,00 62.340,00 62.340,00 62.340,00 62.340,00
Ͳ
858,00 3.300,00 7.326,00 12.936,00 20.130,00
Intangibles
Amortizaciónacumulada
100.000,00 100.000,00 100.000,00 100.000,00 100.000,00 100.000,00
Ͳ
20.000,00 40.000,00 60.000,00 80.000,00 100.000,00
PASIVOS
Corrientes
Cuentasporpagarproveedores
Sueldosporpagar
Impuestosporpagar
107.809,82
878,64
878,64
Ͳ
Ͳ
NoCorrientes
Deudaalargoplazo
106.931,18 90.141,24 71.315,35 50.206,65 26.538,33 Ͳ
106.931,18 90.141,24 71.315,35 50.206,65 26.538,33 Ͳ
PATRIMONIO
Capital
Utilidadesretenidas
71.287,46 56.949,60 85.152,68 128.953,35 192.244,12 289.511,18
71.287,46 71.287,46 71.287,46 71.287,46 71.287,46 71.287,46
Ͳ
(14.337,85) 13.865,22 57.665,90 120.956,66 218.223,72
Comprobación
Ͳ
ValoraciónEmpresa
179.097,28 151.148,86 161.411,15 185.371,03 226.345,75 294.160,08
94.199,26
4.058,02
1.954,14
590,00
1.513,88
2
161.411,15
42.371,15
29.075,00
Ͳ
4.255,84
1.837,88
7.202,44
76.258,47
4.943,12
2.281,87
590,00
2.071,26
Ͳ
Ͳ
3
185.371,03
90.357,03
76.833,23
Ͳ
4.636,10
1.957,35
6.930,35
56.417,67
6.211,02
2.234,77
590,00
3.386,25
Ͳ
4
226.345,75
156.941,75
142.420,10
Ͳ
5.468,10
2.307,01
6.746,54
34.101,63
7.563,30
2.219,77
590,00
4.753,53
Ͳ
5
294.160,08
251.950,08
246.957,60
Ͳ
Ͳ
Ͳ
4.992,48
4.648,90
4.648,90
1.199,07
590,00
2.859,83
Ͳ
EstructuradeCapital
Años
EstructuradeCapital
Deuda
Capital
0
1
2
3
4
5
60,20%
39,80%
62,32%
37,68%
47,24%
52,76%
30,44%
69,56%
15,07%
84,93%
1,58%
98,42% (QHO$QH[RVHGHWDOODHOEDODQFHJHQHUDO
(67$'2'()/8-2'(()(&7,92$&78$/<352<(&7$'2
(O HVWDGR GH IOXMR GH HIHFWLYR UHJLVWUD ORV PRYLPLHQWRV GH HIHFWLYR UHDOL]DGRV
SRUODHPSUHVDHQXQSHUtRGRGHWLHPSRGHWHUPLQDGR
7DEOD)OXMRGHHIHFWLYR
AÑO
Incremento
ActividadesOperacionales
UtilidadNeta
Depreciacionesyamortizacion
+Depreciación
+Amortización
ͲѐCxC
ͲѐInventarioPT
ͲѐInventarioMP
ͲѐInventarioSF
+ѐCxPPROVEEDORES
+ѐSueldosporpagar
+ѐImpuestos
Ͳ
ActividadesdeInversión
ͲAdquisiciónPPEyintangibles
Ͳ
ActividadesdeFinanciamiento
+ѐDeudaLargoPlazo
ͲPagodedividendos
+ѐCapital
Ͳ
2016
2017
2018
2019
2020
507
(14.338)
Ͳ
858
20.000
Ͳ
(4.471)
(525)
(4.196)
1.076
590
1.514
Ͳ
Ͳ
Ͳ
Ͳ
(16.790)
(16.790)
Ͳ
Ͳ
Ͳ
50.942
28.203
Ͳ
2.442
20.000
Ͳ
216
445
(1.249)
328
Ͳ
557
Ͳ
Ͳ
Ͳ
Ͳ
(18.826)
(18.826)
Ͳ
Ͳ
Ͳ
68.867
43.801
Ͳ
4.026
20.000
Ͳ
(380)
(119)
272
(47)
Ͳ
1.315
Ͳ
Ͳ
Ͳ
Ͳ
(21.109)
(21.109)
Ͳ
Ͳ
Ͳ
89.255
63.291
Ͳ
5.610
20.000
Ͳ
(832)
(350)
184
(15)
0
1.367
Ͳ
Ͳ
Ͳ
Ͳ
(23.668)
(23.668)
Ͳ
Ͳ
Ͳ
131.076
97.267
Ͳ
7.194
20.000
Ͳ
5.468
2.307
1.754
(1.021)
Ͳ
(1.894)
Ͳ
Ͳ
Ͳ
Ͳ
(26.538)
(26.538)
Ͳ
Ͳ
Ͳ
$95.516,48
$131.173,74
$209.074,99
INCREMENTONETOENEFECTIVO $(32.566,81) $64.231,36
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7DEOD3XQWRGH(TXLOLEULR
UNIDADES
VENTAS
COSTOSVARIABLES
COSTOSFIJOS
COSTOTOTAL
0
Ͳ
Ͳ
15.788,53
15.788,53
700
10.500,00
9.581,74
15.788,53
15.788,53
850
12.750,00
5.026,11
15.788,53
20.814,64
1098
16.470,00
6.492,56
15.788,53
22.281,08
1243
18.645,00
7.349,95
15.788,53
23.138,48
1398
20.970,00
8.266,48
15.788,53
24.055,00
1478
22.170,00
8.739,52
15.788,53
24.528,05
1498
22.470,00
8.857,79
15.788,53
24.646,31
1508
22.620,00
8.916,92
15.788,53
24.705,44
1508
22.620,00
8.916,92
15.788,53
24.705,44
1596
23.940,00
9.437,27
15.788,53
25.225,79
1644
24.658,20
9.720,38
15.788,53
25.508,91
1726
25.891,11
10.206,40
15.788,53
25.994,93
1785
26.775,00
10.554,84
15.788,53
26.343,36
1789
26.835,00
10.578,49
15.788,53
26.367,02
1806
27.090,00
10.679,01
15.788,53
26.467,54
2002
30.030,00
11.837,97
15.788,53
27.626,50
2002
30.030,00
11.837,97
15.788,53
27.626,50
2002
30.030,00
11.837,97
15.788,53
27.626,50
2002
30.030,00
11.837,97
15.788,53
27.626,50
2002
30.030,00
11.837,97
15.788,53
27.626,50
Figura 51.3XQWRGH(TXLOLEULR
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RotaciónInventario
42
Rotacióninventarioeldías
8,67
Rotacióndelascuentasporcobrar
6,89
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RESUMENDECOSTOSEINVENTARIO
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0
Suministros
Año1
Año2
1
12
13
Año3
24
25
Año4
36
37
Año5
48
49
60
InventarioInicialM.P.I
$Ͳ
ComprasM.P.I
$1.757,28 $3.420,91 $3.908,29 $5.120,62 $4.563,73 $3.820,04 $4.469,54 $4.160,97 $4.439,54 $4.602,47 $2.398,13
$1.757,28 $2.045,15 $2.366,42 $2.638,71 $1.905,33 $2.460,81 $2.029,18 $2.307,01 $2.391,67 $2.594,34
InventarioFinalM.P.I
$1.757,28 $1.784,03 $2.282,65 $2.394,15 $1.837,88 $1.933,06 $1.957,35 $2.056,91 $2.307,01 $2.391,67 $Ͳ
CostodeProducciónM.P.I
$Ͳ
TOTALCOSTOM.P.I
$1.757,28 $5.178,19 $5.953,43 $7.487,05 $7.202,44 $5.725,37 $6.930,35 $6.190,15 $6.746,54 $6.994,14 $4.992,48
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ANEXOCUENTASPORPAGARͲPROVEEDORES
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Contado
30días
50%
50%
Año1
Inicial
0
0
1
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12
13
Año3
24
25
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36
37
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48
49
60
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Ͳ
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1.757,28 3.420,91 3.908,29 5.120,62 4.563,73 3.820,04 4.469,54 4.160,97 4.439,54 4.602,47 2.398,13
878,64 1.796,69 1.954,14 2.617,38 2.281,87 2.426,69 2.234,77 2.168,99 2.219,77 2.439,14
(Ͳ)Pagos
878,64 2.589,10 3.750,83 4.514,45 4.899,24 4.191,89 4.661,46 4.315,25 4.388,76 4.521,00 3.638,21
(=)Cuentasporpagarfinales
878,64 1.710,46 1.954,14 2.560,31 2.281,87 1.910,02 2.234,77 2.080,49 2.219,77 2.301,23 1.199,07
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0
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2
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5
$(165.854,56) $10.840,67 $64.452,21 $78.106,48 $95.935,12 $132.593,40
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Tasalibrederiesgo
RendimientodelMercado
Beta
RiesgoPaís
TasadeImpuestos
CAPM
WACC
Año1
Año2
Año3
Año4
Año5
2,54%
12,00%
0,69
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33,70%
24,07%
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16,30%
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CriteriosdeInversiónconModeloWACC
CriteriosdeInversiónProyecto
CriteriosdeInversiónInversionista
$11.250,00
$47.776,15
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$1,81
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MAQUINARIA
Ítem
Cantidad
(unidades)
Costo
Unitario
CocinaIndustrial(4hornilla
Horno
Refrigeradora
Congeladora
Freidora
MesaAceroinoxidable
Extractor
TinasdeLavado
Licuadoras
Peladorpapasyvegetales
Juegoollas28(piezas)
Sartén
Pinzas
Pyrex
Espátula
Juegodecuchillos
MáquinadeHielo
Rallador
Abrelatas
Extintorpequeño
Afilador
1
1
1
1
1
2
1
2
2
1
1
4
2
2
2
1
1
1
1
2
1
$2.500,00
$2.500,00
$2.000,00
$1.000,00
$1.300,00
$500,00
$650,00
$30,00
$120,00
$610,00
$650,00
$40,00
$10,00
$20,00
$10,00
$70,00
$400,00
$20,00
$20,00
$100,00
$15,00
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
250,00
250,00
200,00
100,00
130,00
50,00
65,00
3,00
12,00
61,00
65,00
4,00
1,00
2,00
1,00
7,00
40,00
2,00
2,00
10,00
1,50
Valorde
mercadoal
findel
proyecto
250,00
250,00
200,00
100,00
130,00
100,00
65,00
6,00
24,00
30,50
32,50
8,00
1,00
Ͳ
Ͳ
3,50
80,00
Ͳ
Ͳ
10,00
Ͳ
Valorde
rescate
unitario
Valorde
mercado
unitario
VidaÚtil
CostoTotal
(años)
2.500,00
2.500,00
2.000,00
1.000,00
1.300,00
1.000,00
650,00
60,00
240,00
610,00
650,00
160,00
20,00
40,00
20,00
70,00
400,00
20,00
20,00
200,00
15,00
Valorde
rescate
unitario
MUEBLESYENSERES
Equipo
Cantidad
(unidades)
Costo
Unitario
CostoTotal
VidaÚtil
(años)
Sillasparamesas
Barraparabar
Taburetesdelabarra
Salalounge
PantallasLED52"
Mesasmadera
uegodecubiertos12persona
Teléfono
Sistemasonido
Caja
Sillasparacaja
Proyector
92
1
21
1
6
28
4
1
1
2
2
1
$30,00
$1.500,00
$65,00
$400,00
$1.200,00
$80,00
$200,00
$60,00
$1.200,00
$800,00
$120,00
$500,00
2.760,00
1.500,00
1.365,00
400,00
7.200,00
2.240,00
800,00
60,00
1.200,00
1.600,00
240,00
500,00
5
5
5
5
5
5
5
5
5
5
5
5
250,00 15,00
250,00 300,00
20,00 35,00
100,00 150,00
130,00 400,00
50,00 45,00
65,00 80,00
3,00 6,00
12,00 120,00
61,00 160,00
65,00 24,00
4,00 280,00
ADECUACIONES
Equipo
Cantidad
(unidades)
Costo
Unitario
CostoTotal
VidaÚtil
(años)
CONSTRUCCIONYDECORACION
1
20.000,00
20.000,00
5
ACTIVOSINTANGIBLES
Equipo
Cantidad
(unidades)
Costo
Unitario
CostoTotal
VidaÚtil
(años)
FacturaciónYCrm
1
9.000,00
9.000,00
5
Valorde
rescate
unitario
2.000,00 $1(;2
,QJUHVRV
(VFHQDULR1RUPDO
AÑO
Incremento
Entradas
Bebidas
Alcoholicas
Bebidas
Refrescantes
Covers
TOTAL
AÑO
Incremento
Entradas
Bebidas
Alcoholicas
Bebidas
Refrescantes
2016
2017
2018
2019
2020
10.125 14.680 11.611 11.965 13.357
13.889 15.104 13.941 13.978 16.996
8.817 9.269 8.847 9.019 9.902
16.247 23.662 26.568 29.367 32.785
49.079 62.715 60.967 64.329 73.041
2016
2017
2018
2019
2020
8,63 9,35 10,23 11,30 12,62
3,46 3,75 4,10 4,53 5,06
TOTAL
2,30 2,49 2,73 3,01 3,37
5,05 5,47 5,98 6,61 7,38
19 21 23 25 28
TOTAL
237.737,70
Covers
346.346,90
358.925,45
419.928,39
529.861,79
(VFHQDULR2SWLPLVWD
AÑO
Incremento
Entradas
BebidasAlcoholicas
BebidasRefrescantes
Covers
TOTAL
2016
2017
2018
2019
2020
10.695
16.460
10.260
16.428
53.844
16.273
16.656
10.275
24.869
68.073
13.335
17.691
11.385
39.650
82.060
13.054
15.150
10.240
53.899
92.343
14.319
17.901
10.203
59.124
101.547
AÑO
Incremento
Entradas
BebidasAlcoholicas
BebidasRefrescantes
Covers
TOTAL
2016
2017
2018
2019
2020
8,63
3,46
2,30
5,05
19
9,51
3,82
2,54
5,56
21
11,62
4,66
3,10
6,80
26
13,43
5,39
3,58
7,85
30
13,72
5,51
3,66
8,02
31
TOTAL
255.779,17
382.800,91
542.147,09
716.980,22
806.836,81 (VFHQDULR3HVLPLVWD
AÑO
Incremento
Entradas
Bebidas
Alcoholica
s
Bebidas
Refrescant
es
Covers
TOTAL
2016
2017
2018
2020
7.603 9.659 10.973 11.092 11.485
9.094 11.554 13.126 13.268 13.737
6.621 8.411 9.556 9.659 10.001
6.366 8.088 9.188 9.288 9.616
29.684 37.713 42.843 43.307 44.839
AÑO
Incremento
Entradas
Bebidas
Alcoholica
s
Bebidas
Refrescant
es
Covers
TOTAL
2016
2017
2018
2019
2020
2,30 2,54 3,10 3,58 3,66
5,05 5,56 6,80 7,85 8,02
19 21 26 30 31
TOTAL
144.445,73
8,63 9,51 11,62 13,43 13,72
3,46 3,82 4,66 5,39 5,51
202.324,71
280.748,74
2019
328.013,77
346.987,53 $1(;2
&RVWRV)LMRV
DATOS
Suministros
Seguromaquinaria
Mantenimientoyreparaciones
Serviciosbásicos
Gastoarriendo
GastoPublicidad
Promocion
10%delCoveralB.S.C
Gastosdeconstitución
$10,00
$321,00
$50,00
$440,00
$1.800,00
$543,33
20%ventas
10%cover
$2.500,00
mensuales
mensuales
mensuales
mensuales
mensuales
mensuales
mensuales
mensuales
unsolopago
AÑO
Incremento
GastosSuministrosdeOficina
Segurosdemaquinaria
Mantenimientoyreparaciones
Serviciosbásicos
Gastoarriendo
Publicidad
10%delCoveralB.S.C
Guardiania
20%Promocion
GastosdeConstitución
2016
2017
2018
2019
2020
120
3.852
600
5.280
21.600
17.160
8.218
14.400
31.175
2.500
124
3.852
622
5.474
22.393
10.960
12.949
14.400
43.438
Ͳ
129
3.852
645
5.675
23.215
10.960
15.902
14.400
40.112
Ͳ
134
3.852
669
5.883
24.067
10.960
19.433
14.400
45.230
Ͳ
139
3.852
693
6.099
24.950
10.960
24.227
14.400
57.663
Ͳ
TOTAL
$104.905,07
$114.212,52
$114.888,60
$124.626,63
$142.982,88
Publicidad
Fiesta
Facebook
Socialtool
DiseñoPaginaweb
Mantenimientopágina
Merchandising
Flyers
Twitter
total
$5.000,00
$3.600,00
$720,00
$1.200,00
$2.640,00
$1.800,00
$1.000,00
$1.200,00
$17.160,00
unavez
mensuales
mensuales
unavez
mensuales
6vecezalaño
unavez
mansual
Serviciosbásicos
Teléfono
$50,00
Gas
$60,00
Internet
$70,00
Directv
$90,00
Electricidad $90,00
Agua
$80,00
total
$440,00
mensuales
mensuales
mensuales
mensuales
mensuales
mensuales
mensual
$1(;2
'HSUHFLDFLyQ
PERIODO
Inicial
0
CocinaIndustrial(4hornillas)
Costodecompra
2.500,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
2.500,00
Inicial
PERIODO
0
Horno
Costodecompra
2.500,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
2.500,00
Inicial
PERIODO
0
Refrigeradora
Costodecompra
2.000,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
2.000,00
Inicial
PERIODO
0
Congeladora
Costodecompra
1.000,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
1.000,00
Inicial
PERIODO
0
Freidora
Costodecompra
1.300,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
1.300,00
Inicial
PERIODO
0
MesaAceroinoxidable
Costodecompra
500,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
500,00
Inicial
PERIODO
0
Extractor
Costodecompra
650,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
650,00
Inicial
PERIODO
0
TinasdeLavado
Costodecompra
30,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
30,00
Inicial
PERIODO
0
Licuadoras
Costodecompra
120,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
120,00
Inicial
PERIODO
0
Peladorpapasyvegetales
Costodecompra
610,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
610,00
Año2
Año1
1
12
13
Año3
24
25
Año4
36
37
Año5
48
49
60
2.500,00 2.500,00
37,50 37,50
37,50 450,00
2.462,50 2.050,00
Año1
1
12
2.500,00 2.500,00
37,50 37,50
487,50 900,00
2.012,50 1.600,00
Año2
13
24
2.500,00 2.500,00
37,50 37,50
937,50 1.350,00
1.562,50 1.150,00
Año3
25
36
2.500,00 2.500,00
37,50 37,50
1.387,50 1.800,00
1.112,50 700,00
Año4
37
48
2.500,00 2.500,00
37,50 37,50
1.837,50 2.250,00
662,50 250,00
Año5
49
60
2.500,00 2.500,00
37,50 37,50
37,50 450,00
2.462,50 2.050,00
Año1
1
12
2.500,00 2.500,00
37,50 37,50
487,50 900,00
2.012,50 1.600,00
Año2
13
24
2.500,00 2.500,00
37,50 37,50
937,50 1.350,00
1.562,50 1.150,00
Año3
25
36
2.500,00 2.500,00
37,50 37,50
1.387,50 1.800,00
1.112,50 700,00
Año4
37
48
2.500,00 2.500,00
37,50 37,50
1.837,50 2.250,00
662,50 250,00
Año5
49
60
2.000,00 2.000,00
30,00 30,00
30,00 360,00
1.970,00 1.640,00
Año1
1
12
2.000,00 2.000,00
30,00 30,00
390,00 720,00
1.610,00 1.280,00
Año2
13
24
2.000,00 2.000,00
30,00 30,00
750,00 1.080,00
1.250,00 920,00
Año3
25
36
2.000,00 2.000,00
30,00 30,00
1.110,00 1.440,00
890,00 560,00
Año4
37
48
2.000,00 2.000,00
30,00 30,00
1.470,00 1.800,00
530,00 200,00
Año5
49
60
1.000,00 1.000,00
15,00 15,00
15,00 180,00
985,00 820,00
Año1
1
12
1.000,00 1.000,00
15,00 15,00
195,00 360,00
805,00 640,00
Año2
13
24
1.000,00 1.000,00
15,00 15,00
375,00 540,00
625,00 460,00
Año3
25
36
1.000,00 1.000,00
15,00 15,00
555,00 720,00
445,00 280,00
Año4
37
48
1.000,00 1.000,00
15,00 15,00
735,00 900,00
265,00 100,00
Año5
49
60
1.300,00 1.300,00
19,50 19,50
19,50 234,00
1.280,50 1.066,00
Año1
1
12
1.300,00 1.300,00
19,50 19,50
253,50 468,00
1.046,50 832,00
Año2
13
24
1.300,00 1.300,00
19,50 19,50
487,50 702,00
812,50 598,00
Año3
25
36
1.300,00 1.300,00
19,50 19,50
721,50 936,00
578,50 364,00
Año4
37
48
1.300,00 1.300,00
19,50 19,50
955,50 1.170,00
344,50 130,00
Año5
49
60
500,00 500,00
7,50 7,50
7,50 90,00
492,50 410,00
Año1
1
12
500,00 500,00
7,50 7,50
97,50 180,00
402,50 320,00
Año2
13
24
500,00 500,00
7,50 7,50
187,50 270,00
312,50 230,00
Año3
25
36
500,00 500,00
7,50 7,50
277,50 360,00
222,50 140,00
Año4
37
48
500,00 500,00
7,50 7,50
367,50 450,00
132,50 50,00
Año5
49
60
650,00 650,00
9,75 9,75
9,75 117,00
640,25 533,00
Año1
1
12
650,00 650,00
9,75 9,75
126,75 234,00
523,25 416,00
Año2
13
24
650,00 650,00
9,75 9,75
243,75 351,00
406,25 299,00
Año3
25
36
650,00 650,00
9,75 9,75
360,75 468,00
289,25 182,00
Año4
37
48
650,00 650,00
9,75 9,75
477,75 585,00
172,25 65,00
Año5
49
60
30,00 30,00
0,45 0,30
0,45 3,75
29,55 26,25
Año1
1
12
30,00 30,00
0,30 0,30
4,05 7,35
25,95 22,65
Año2
13
24
30,00 30,00
0,30 0,30
7,65 10,95
22,35 19,05
Año3
25
36
30,00 30,00
0,30 0,30
11,25 14,55
18,75 15,45
Año4
37
48
30,00 30,00
0,30 0,30
14,85 18,15
15,15 11,85
Año5
49
60
120,00 120,00
1,80 1,80
1,80 21,60
118,20 98,40
Año1
1
12
120,00 120,00
1,80 1,80
23,40 43,20
96,60 76,80
Año2
13
24
120,00 120,00
1,80 1,80
45,00 64,80
75,00 55,20
Año3
25
36
120,00 120,00
1,80 1,80
66,60 86,40
53,40 33,60
Año4
37
48
120,00 120,00
1,80 1,80
88,20 108,00
31,80 12,00
Año5
49
60
610,00
9,15
9,15
600,85
610,00
9,15
118,95
491,05
610,00
9,15
228,75
381,25
610,00
9,15
338,55
271,45
610,00
9,15
448,35
161,65
610,00
9,15
109,80
500,20
610,00
9,15
219,60
390,40
610,00
9,15
329,40
280,60
610,00
9,15
439,20
170,80
610,00
9,15
549,00
61,00
PERIODO
Juegoollas28(piezas)
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Sartén
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Pinzas
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Pyrex
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Espátula
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Juegodecuchillos
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
MáquinadeHielo
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Rallador
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Abrelatas
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Extintorpequeño
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Afilador
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
Inicial
0
Año1
1
Año2
12
13
Año3
24
25
Año4
36
37
Año5
48
49
60
650,00 650,00 650,00
9,75 9,75
Ͳ
9,75 117,00
650,00 640,25 533,00
Inicial
Año1
0
1
12
650,00 650,00
9,75 9,75
126,75 234,00
523,25 416,00
Año2
13
24
650,00 650,00
9,75 9,75
243,75 351,00
406,25 299,00
Año3
25
36
650,00 650,00
9,75 9,75
360,75 468,00
289,25 182,00
Año4
37
48
650,00 650,00
9,75 9,75
477,75 585,00
172,25 65,00
Año5
49
60
40,00 40,00 40,00
0,60 0,60
Ͳ
0,60 7,20
40,00 39,40 32,80
Inicial
Año1
0
1
12
40,00 40,00
0,60 0,60
7,80 14,40
32,20 25,60
Año2
13
24
40,00 40,00
0,60 0,60
15,00 21,60
25,00 18,40
Año3
25
36
40,00 40,00
0,60 0,60
22,20 28,80
17,80 11,20
Año4
37
48
40,00 40,00
0,60 0,60
29,40 36,00
10,60 4,00
Año5
49
60
10,00 10,00 10,00
0,15 0,15
Ͳ
0,15 1,80
10,00 9,85 8,20
Inicial
Año1
0
1
12
10,00 10,00
0,15 0,15
1,95 3,60
8,05 6,40
Año2
13
24
10,00 10,00
0,15 0,15
3,75 5,40
6,25 4,60
Año3
25
36
10,00 10,00
0,15 0,15
5,55 7,20
4,45 2,80
Año4
37
48
10,00 10,00
0,15 0,15
7,35 9,00
2,65 1,00
Año5
49
60
20,00 20,00 20,00
0,30 0,30
Ͳ
0,30 3,60
20,00 19,70 16,40
Año1
Inicial
0
1
12
20,00 20,00
0,30 0,30
3,90 7,20
16,10 12,80
Año2
13
24
20,00 20,00
0,30 0,30
7,50 10,80
12,50 9,20
Año3
25
36
20,00 20,00
0,30 0,30
11,10 14,40
8,90 5,60
Año4
37
48
20,00 20,00
0,30 0,30
14,70 18,00
5,30 2,00
Año5
49
60
10,00 10,00 10,00
0,15 0,15
Ͳ
0,15 1,80
10,00 9,85 8,20
Inicial
Año1
0
1
12
10,00 10,00
0,15 0,15
1,95 3,60
8,05 6,40
Año2
13
24
10,00 10,00
0,15 0,15
3,75 5,40
6,25 4,60
Año3
25
36
10,00 10,00
0,15 0,15
5,55 7,20
4,45 2,80
Año4
37
48
10,00 10,00
0,15 0,15
7,35 9,00
2,65 1,00
Año5
49
60
70,00 70,00 70,00
1,05 1,05
Ͳ
1,05 12,60
70,00 68,95 57,40
Inicial
Año1
0
1
12
70,00 70,00
1,05 1,05
13,65 25,20
56,35 44,80
Año2
13
24
70,00 70,00
1,05 1,05
26,25 37,80
43,75 32,20
Año3
25
36
70,00 70,00
1,05 1,05
38,85 50,40
31,15 19,60
Año4
37
48
70,00 70,00
1,05 1,05
51,45 63,00
18,55 7,00
Año5
49
60
400,00 400,00 400,00
6,00 6,00
Ͳ
6,00 72,00
400,00 394,00 328,00
Inicial
Año1
0
1
12
400,00 400,00
6,00 6,00
78,00 144,00
322,00 256,00
Año2
13
24
400,00 400,00
6,00 6,00
150,00 216,00
250,00 184,00
Año3
25
36
400,00 400,00
6,00 6,00
222,00 288,00
178,00 112,00
Año4
37
48
400,00 400,00
6,00 6,00
294,00 360,00
106,00 40,00
Año5
49
60
20,00 20,00 20,00
0,30 0,30
Ͳ
0,30 3,60
20,00 19,70 16,40
Año1
Inicial
0
1
12
20,00 20,00
0,30 0,30
3,90 7,20
16,10 12,80
Año2
13
24
20,00 20,00
0,30 0,30
7,50 10,80
12,50 9,20
Año3
25
36
20,00 20,00
0,30 0,30
11,10 14,40
8,90 5,60
Año4
37
48
20,00 20,00
0,30 0,30
14,70 18,00
5,30 2,00
Año5
49
60
20,00 20,00 20,00
0,30 0,30
Ͳ
0,30 3,60
20,00 19,70 16,40
Año1
Inicial
0
1
12
20,00 20,00
0,30 0,30
3,90 7,20
16,10 12,80
Año2
13
24
20,00 20,00
0,30 0,30
7,50 10,80
12,50 9,20
Año3
25
36
20,00 20,00
0,30 0,30
11,10 14,40
8,90 5,60
Año4
37
48
20,00 20,00
0,30 0,30
14,70 18,00
5,30 2,00
Año5
49
60
100,00 100,00 100,00
1,50 1,50
Ͳ
1,50 18,00
100,00 98,50 82,00
Año1
Inicial
0
1
12
100,00 100,00
1,50 1,50
19,50 36,00
80,50 64,00
Año2
13
24
100,00 100,00
1,50 1,50
37,50 54,00
62,50 46,00
Año3
25
36
100,00 100,00
1,50 1,50
55,50 72,00
44,50 28,00
Año4
37
48
100,00 100,00
1,50 1,50
73,50 90,00
26,50 10,00
Año5
49
60
15,00 15,00
0,23
Ͳ
0,23
15,00 14,78
15,00
0,23
2,93
12,08
15,00
0,23
5,63
9,38
15,00
0,23
8,32
6,68
15,00
0,23
11,03
3,98
15,00
0,23
2,70
12,30
15,00
0,23
5,40
9,60
15,00
0,23
8,10
6,90
15,00
0,23
10,80
4,20
15,00
0,23
13,50
1,50
PERIODO
Sillasparamesas
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
Año1
1
Año3
Año2
12
13
24
25
Año5
Año4
36
37
48
49
60
30,00 30,00 30,00
(337,33) (337,33)
Ͳ
(337,33) (4.048,00)
30,00 367,33 4.078,00
Año1
Inicial
0
1
12
30,00 30,00
(337,33) (337,33)
(4.385,33) (8.096,00)
4.415,33 8.126,00
Año2
13
24
30,00 30,00
(337,33) (337,33)
(8.433,33) (12.144,00)
8.463,33 12.174,00
Año3
25
36
$30,00 $30,00
(337,33) (337,33)
(12.481,33) (16.192,00)
12.511,33 16.222,00
Año4
37
48
$30,00 $30,00
(337,33) (337,33)
(16.529,33) (20.240,00)
16.559,33 20.270,00
Año5
49
60
1.500,00 1.500,00 1.500,00
20,83 20,83
Ͳ
20,83 250,00
1.500,00 1.479,17 1.250,00
Año1
Inicial
0
1
12
1.500,00 1.500,00
20,83 20,83
270,83 500,00
1.229,17 1.000,00
Año2
13
24
1.500,00 1.500,00
20,83 20,83
520,83 750,00
979,17 750,00
Año3
25
36
$1.500,00 $1.500,00
20,83 20,83
770,83 1.000,00
729,17 500,00
Año4
37
48
$1.500,00 $1.500,00
20,83 20,83
1.020,83 1.250,00
479,17 250,00
Año5
49
60
65,00 65,00 65,00
15,75 15,75
Ͳ
15,75 189,00
65,00 49,25 (124,00)
Año1
Inicial
0
1
12
65,00 65,00
15,75 15,75
204,75 378,00
(139,75) (313,00)
Año2
13
24
65,00 65,00
15,75 15,75
393,75 567,00
(328,75) (502,00)
Año3
25
36
$65,00 $65,00
15,75 15,75
582,75 756,00
(517,75) (691,00)
Año4
37
48
$65,00 $65,00
15,75 15,75
771,75 945,00
(706,75) (880,00)
Año5
49
60
400,00 400,00 400,00
5,00 5,00
Ͳ
5,00 60,00
400,00 395,00 340,00
Inicial
Año1
0
1
12
400,00 400,00
5,00 5,00
65,00 120,00
335,00 280,00
Año2
13
24
400,00 400,00
5,00 5,00
125,00 180,00
275,00 220,00
Año3
25
36
$400,00 $400,00
5,00 5,00
185,00 240,00
215,00 160,00
Año4
37
48
$400,00 $400,00
5,00 5,00
245,00 300,00
155,00 100,00
Año5
49
60
1.200,00 1.200,00 1.200,00
107,00 107,00
Ͳ
107,00 1.284,00
1.200,00 1.093,00 (84,00)
Año1
Inicial
0
1
12
1.200,00 1.200,00
107,00 107,00
1.391,00 2.568,00
(191,00) (1.368,00)
Año2
13
24
1.200,00 1.200,00
107,00 107,00
2.675,00 3.852,00
(1.475,00) (2.652,00)
Año3
25
36
$1.200,00 $1.200,00
107,00 107,00
3.959,00 5.136,00
(2.759,00) (3.936,00)
Año4
37
48
$1.200,00 $1.200,00
107,00 107,00
5.243,00 6.420,00
(4.043,00) (5.220,00)
Año5
49
60
80,00 80,00 80,00
14,00 14,00
Ͳ
14,00 168,00
80,00 66,00 (88,00)
Inicial
Año1
PERIODO
0
1
12
Juegodecubiertos12personas
Costodecompra
200,00 200,00 200,00
Gastodedepreciación
9,00 9,00
DepreciaciónAcum
Ͳ
9,00 108,00
Valorenlibros
200,00 191,00 92,00
Inicial
Año1
PERIODO
0
1
12
Teléfono
Costodecompra
60,00 60,00 60,00
Gastodedepreciación
0,95 0,95
DepreciaciónAcum
Ͳ
0,95 11,40
Valorenlibros
60,00 59,05 48,60
Año1
Inicial
PERIODO
0
1
12
Sistemasonido
Costodecompra
1.200,00 1.200,00 1.200,00
Gastodedepreciación
19,80 19,80
DepreciaciónAcum
Ͳ
19,80 237,60
Valorenlibros
1.200,00 1.180,20 962,40
Año1
Inicial
PERIODO
0
1
12
Caja
Costodecompra
800,00 800,00 800,00
Gastodedepreciación
24,63 24,63
DepreciaciónAcum
Ͳ
24,63 295,60
Valorenlibros
800,00 775,37 504,40
Inicial
Año1
PERIODO
0
1
12
Sillasparacaja
Costodecompra
120,00 120,00 120,00
Gastodedepreciación
1,83 1,83
DepreciaciónAcum
Ͳ
1,83 22,00
Valorenlibros
120,00 118,17 98,00
Inicial
Año1
PERIODO
0
1
12
Proyector
Costodecompra
500,00 500,00 500,00
Gastodedepreciación
8,27 8,27
DepreciaciónAcum
Ͳ
8,27 99,20
Valorenlibros
500,00 491,73 400,80
80,00 80,00
14,00 14,00
182,00 336,00
(102,00) (256,00)
Año2
13
24
80,00 80,00
14,00 14,00
350,00 504,00
(270,00) (424,00)
Año3
25
36
$80,00 $80,00
14,00 14,00
518,00 672,00
(438,00) (592,00)
Año4
37
48
$80,00 $80,00
14,00 14,00
686,00 840,00
(606,00) (760,00)
Año5
49
60
200,00 200,00
9,00 9,00
117,00 216,00
83,00 (16,00)
Año2
13
24
200,00 200,00
9,00 9,00
225,00 324,00
(25,00) (124,00)
Año3
25
36
$200,00 $200,00
9,00 9,00
333,00 432,00
(133,00) (232,00)
Año4
37
48
$200,00 $200,00
9,00 9,00
441,00 540,00
(241,00) (340,00)
Año5
49
60
60,00 60,00
0,95 0,95
12,35 22,80
47,65 37,20
Año2
13
24
60,00 60,00
0,95 0,95
23,75 34,20
36,25 25,80
Año3
25
36
$60,00 $60,00
0,95 0,95
35,15 45,60
24,85 14,40
Año4
37
48
$60,00 $60,00
0,95 0,95
46,55 57,00
13,45 3,00
Año5
49
60
1.200,00 1.200,00
19,80 19,80
257,40 475,20
942,60 724,80
Año2
13
24
1.200,00 1.200,00
19,80 19,80
495,00 712,80
705,00 487,20
Año3
25
36
$1.200,00 $1.200,00
19,80 19,80
732,60 950,40
467,40 249,60
Año4
37
48
$1.200,00 $1.200,00
19,80 19,80
970,20 1.188,00
229,80 12,00
Año5
49
60
800,00 800,00
24,63 24,63
320,23 591,20
479,77 208,80
Año2
13
24
800,00 800,00
24,63 24,63
615,83 886,80
184,17 (86,80)
Año3
25
36
$800,00 $800,00
24,63 24,63
911,43 1.182,40
(111,43) (382,40)
Año4
37
48
$800,00 $800,00
24,63 24,63
1.207,03 1.478,00
(407,03) (678,00)
Año5
49
60
120,00 120,00
1,83 1,83
23,83 44,00
96,17 76,00
Año2
13
24
120,00 120,00
1,83 1,83
45,83 66,00
74,17 54,00
Año3
25
36
$120,00 $120,00
1,83 1,83
67,83 88,00
52,17 32,00
Año4
37
48
$120,00 $120,00
1,83 1,83
89,83 110,00
30,17 10,00
Año5
49
60
500,00
8,27
107,47
392,53
500,00
8,27
206,67
293,33
$500,00
8,27
305,87
194,13
$500,00
8,27
405,07
94,93
PERIODO
Barraparabar
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Taburetesdelabarra
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Salalounge
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
PantallasLED52"
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
PERIODO
Mesasmadera
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
Inicial
0
500,00
8,27
198,40
301,60
500,00
8,27
297,60
202,40
$500,00
8,27
396,80
103,20
$500,00
8,27
496,00
4,00
Equipo
Cantidad
(unidades)
Costo
Unitario
CONSTRUCCIONYDECORACION
1
20.000,00
PERIODO
Inicial
0
1
12
13
24
25
36
37
48
49
60
20.000,00
333,33
333,33
19.666,67
20.000,00
333,33
4.000,00
16.000,00
20.000,00
333,33
4.333,33
15.666,67
20.000,00
333,33
8.000,00
12.000,00
20.000,00
333,33
8.333,33
11.666,67
20.000,00
333,33
12.000,00
8.000,00
$20.000,00
333,33
12.333,33
7.666,67
$20.000,00
333,33
16.000,00
4.000,00
$20.000,00
333,33
16.333,33
3.666,67
$20.000,00
333,33
20.000,00
Ͳ
Año1
CONSTRUCCIONYDECORACION
Costodecompra
20.000,00
Gastodedepreciación
DepreciaciónAcum
Ͳ
Valorenlibros
20.000,00
Año2
Año3
Año4
Año5
ACTIVOSINTANGIBLES
Equipo
Cantidad
(unidades)
Costo
Unitario
FacturaciónYCrm
1
9.000,00
PERIODO
Inicial
0
1
FacturaciónYCrm
Costodecompra
Gastodedepreciación
DepreciaciónAcum
Valorenlibros
Año1
9.000,00 9.000,00
116,67
Ͳ
116,67
9.000,00 8.883,33
Año2
Año3
Año4
Año5
12
13
24
25
36
37
48
49
60
9.000,00
116,67
1.400,00
7.600,00
9.000,00
116,67
1.516,67
7.483,33
9.000,00
116,67
2.800,00
6.200,00
9.000,00
116,67
2.916,67
6.083,33
9.000,00
116,67
4.200,00
4.800,00
$9.000,00
116,67
4.316,67
4.683,33
$9.000,00
116,67
5.600,00
3.400,00
$9.000,00
116,67
5.716,67
3.283,33
$9.000,00
116,67
7.000,00
2.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
RESUMENPROPIEDAD,PLANTAYEQUIPO
TOTALESACTIVOSNOCORRIENTES
Maquinaria
13.475,00
MueblesyEnseres
19.865,00
ConstrucciónyAdecuación 20.000,00
ActivosTangibles
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
CostodeDepreciación(C.I.F) Ͳ
GastodeDepreciación
Ͳ
188,48 188,33 188,33 188,33 188,33 188,33 188,33 188,33 188,33 188,33
11,00 132,00 143,00 264,00 275,00 396,00 407,00 528,00 539,00 660,00
Depreciaciónmensualtotal $Ͳ
$199,48 $320,33 $331,33 $452,33 $463,33 $584,33 $595,33 $716,33 $727,33 $848,33
Depreciaciónacumuladatota $Ͳ
$194,88 $2.336,85 $2.531,58 $4.673,55 $4.868,28 $7.010,25 $7.204,97 $9.346,95 $9.541,67 $11.683,65
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
13.475,00
19.865,00
20.000,00
9.000,00
$1(;2
3UR\HFFLyQGHO(VWDGRGH5HVXOWDGRV
(VWDGRGH5HVXOWDGRV2SWLPLVWD
ESTADODERESULTADOSPROYECTADOͲANUAL
(Ͳ)
(=)
(Ͳ)
(Ͳ)
(Ͳ)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
Ventas
Costodelosproductosvendidos
UTILIDADBRUTA
Gastossueldos
Gastosgenerales
Gastosdedepreciación
Gastosdeamortización
UTILIDADANTESDEINTERESESEIMPUESTOSYPARTICIP.
Gastosdeintereses
UTILIDADANTESDEIMPUESTOSYPARTICIPACIÓN
15%PARTICIPACIÓNTRABAJADORES
UTILIDADANTESDEIMPUESTOS
22%IMPUESTOALARENTA
UTILIDADNETA
MARGENBRUTO
MARGENOPERACIONAL
MARGENNETO
1
256.081,05
94.330,53
161.750,52
31.069,80
102.770,51
858,00
10.000,00
17.052,21
6.041,16
11.011,05
3.273,73
7.737,32
4.081,26
3.656,06
2
383.794,41
132.183,37
251.611,04
39.662,16
116.236,04
2.442,00
10.000,00
83.270,85
6.760,87
76.509,98
11.476,50
65.033,48
14.307,37
50.726,11
3
548.937,59
122.331,13
426.606,46
39.651,47
136.850,85
4.026,00
10.000,00
236.078,13
5.118,01
230.960,12
34.644,02
196.316,10
43.189,54
153.126,56
4
716.980,22
132.603,88
584.376,33
48.640,17
156.504,33
5.610,00
10.000,00
363.621,84
3.275,93
360.345,91
54.051,89
306.294,02
67.384,68
238.909,34
63,16%
6,66%
1,43%
65,56%
21,70%
13,22%
77,71%
43,01%
27,90%
81,51%
50,72%
33,32%
5
806.881,75
165.136,10
641.745,65
58.226,60
170.474,70
7.194,00
10.000,00
395.850,34
1.210,49
394.639,86
59.195,98
335.443,88
73.797,65
261.646,22
79,53%
49,06%
32,43% (VWDGRGH5HVXOWDGRV3HVLPLVWD
ESTADODERESULTADOSPROYECTADOͲANUAL
(Ͳ)
(=)
(Ͳ)
(Ͳ)
(Ͳ)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
(Ͳ)
(=)
Ventas
Costodelosproductosvendidos
UTILIDADBRUTA
Gastossueldos
Gastosgenerales
Gastosdedepreciación
Gastosdeamortización
UTILIDADANTESDEINTERESESEIMPUESTOSYPARTICIP.
Gastosdeintereses
UTILIDADANTESDEIMPUESTOSYPARTICIPACIÓN
15%PARTICIPACIÓNTRABAJADORES
UTILIDADANTESDEIMPUESTOS
22%IMPUESTOALARENTA
UTILIDADNETA
MARGENBRUTO
MARGENOPERACIONAL
MARGENNETO
1
144.550,29
81.603,59
62.946,70
31.069,80
85.555,27
858,00
10.000,00
(64.536,37)
6.026,90
(70.563,27)
Ͳ
(70.563,27)
Ͳ
(70.563,27)
2
202.741,71
102.047,89
100.693,82
39.662,16
89.390,29
2.442,00
10.000,00
(40.800,63)
6.744,91
(47.545,54)
Ͳ
(47.545,54)
Ͳ
(47.545,54)
3
280.785,16
112.436,72
168.348,44
39.651,47
104.290,59
4.026,00
10.000,00
10.380,38
5.105,93
5.274,46
1.880,22
3.394,24
746,73
2.647,50
4
328.013,77
125.452,32
202.561,45
48.640,17
113.750,93
5.610,00
10.000,00
24.560,36
3.268,20
21.292,16
3.193,82
18.098,34
3.981,63
14.116,70
43,55%
Ͳ44,65%
Ͳ48,82%
49,67%
Ͳ20,12%
Ͳ23,45%
59,96%
3,70%
0,94%
61,75%
7,49%
4,30%
5
347.006,85
152.573,26
194.433,59
58.226,60
118.231,19
7.194,00
10.000,00
781,80
1.207,63
(425,84)
Ͳ
(425,84)
Ͳ
(425,84)
56,03%
0,23%
Ͳ0,12% $1(;2
%DODQFH*HQHUDO
ESTADODESITUACIÓNFINANCIERAPROYECTADO
ACTIVOS
Corrientes
Efectivo
CuentasporCobrar
InventariosProd.Terminados
InventariosMateriaPrima
InventariosSum.Fabricación
0
179.097,28
16.757,28
13.242,72
Ͳ
Ͳ
1.757,28
1.757,28
1
151.148,86
9.666,86
(3.040,68)
Ͳ
4.471,47
2.282,65
5.953,43
NoCorrientes
Propiedad,PlantayEquipo
Depreciaciónacumulada
162.340,00 141.482,00 119.040,00 95.014,00 69.404,00 42.210,00
62.340,00 62.340,00 62.340,00 62.340,00 62.340,00 62.340,00
Ͳ
858,00 3.300,00 7.326,00 12.936,00 20.130,00
Intangibles
Amortizaciónacumulada
100.000,00 100.000,00 100.000,00 100.000,00 100.000,00 100.000,00
Ͳ
20.000,00 40.000,00 60.000,00 80.000,00 100.000,00
PASIVOS
Corrientes
Cuentasporpagarproveedores
Sueldosporpagar
Impuestosporpagar
107.809,82
878,64
878,64
Ͳ
Ͳ
NoCorrientes
Deudaalargoplazo
106.931,18 90.141,24 71.315,35 50.206,65 26.538,33 Ͳ
106.931,18 90.141,24 71.315,35 50.206,65 26.538,33 Ͳ
PATRIMONIO
Capital
Utilidadesretenidas
71.287,46 56.949,60 85.152,68 128.953,35 192.244,12 289.511,18
71.287,46 71.287,46 71.287,46 71.287,46 71.287,46 71.287,46
Ͳ
(14.337,85) 13.865,22 57.665,90 120.956,66 218.223,72
Comprobación
Ͳ
ValoraciónEmpresa
179.097,28 151.148,86 161.411,15 185.371,03 226.345,75 294.160,08
94.199,26
4.058,02
1.954,14
590,00
1.513,88
2
161.411,15
42.371,15
29.075,00
Ͳ
4.255,84
1.837,88
7.202,44
76.258,47
4.943,12
2.281,87
590,00
2.071,26
Ͳ
Ͳ
3
185.371,03
90.357,03
76.833,23
Ͳ
4.636,10
1.957,35
6.930,35
56.417,67
6.211,02
2.234,77
590,00
3.386,25
Ͳ
4
226.345,75
156.941,75
142.420,10
Ͳ
5.468,10
2.307,01
6.746,54
34.101,63
7.563,30
2.219,77
590,00
4.753,53
Ͳ
5
294.160,08
251.950,08
246.957,60
Ͳ
Ͳ
Ͳ
4.992,48
4.648,90
4.648,90
1.199,07
590,00
2.859,83
Ͳ
EstructuradeCapital
Años
EstructuradeCapital
Deuda
Capital
0
1
2
3
4
5
60,20%
39,80%
62,32%
37,68%
47,24%
52,76%
30,44%
69,56%
15,07%
84,93%
1,58%
98,42% $1(;2
)OXMRGH(IHFWLYR
AÑO
Incremento
ActividadesOperacionales
UtilidadNeta
Depreciacionesyamortizacion
+Depreciación
+Amortización
ͲѐCxC
ͲѐInventarioPT
ͲѐInventarioMP
ͲѐInventarioSF
+ѐCxPPROVEEDORES
+ѐSueldosporpagar
+ѐImpuestos
Ͳ
ActividadesdeInversión
ͲAdquisiciónPPEyintangibles
Ͳ
ActividadesdeFinanciamiento
+ѐDeudaLargoPlazo
ͲPagodedividendos
+ѐCapital
Ͳ
2016
2017
2018
2019
2020
507
(14.338)
Ͳ
858
20.000
Ͳ
(4.471)
(525)
(4.196)
1.076
590
1.514
Ͳ
Ͳ
Ͳ
Ͳ
(16.790)
(16.790)
Ͳ
Ͳ
Ͳ
50.942
28.203
Ͳ
2.442
20.000
Ͳ
216
445
(1.249)
328
Ͳ
557
Ͳ
Ͳ
Ͳ
Ͳ
(18.826)
(18.826)
Ͳ
Ͳ
Ͳ
68.867
43.801
Ͳ
4.026
20.000
Ͳ
(380)
(119)
272
(47)
Ͳ
1.315
Ͳ
Ͳ
Ͳ
Ͳ
(21.109)
(21.109)
Ͳ
Ͳ
Ͳ
89.255
63.291
Ͳ
5.610
20.000
Ͳ
(832)
(350)
184
(15)
0
1.367
Ͳ
Ͳ
Ͳ
Ͳ
(23.668)
(23.668)
Ͳ
Ͳ
Ͳ
131.076
97.267
Ͳ
7.194
20.000
Ͳ
5.468
2.307
1.754
(1.021)
Ͳ
(1.894)
Ͳ
Ͳ
Ͳ
Ͳ
(26.538)
(26.538)
Ͳ
Ͳ
Ͳ
$95.516,48
$131.173,74
$209.074,99
INCREMENTONETOENEFECTIVO $(32.566,81) $64.231,36
$1(;2
1RPLQD
Sueldo
(mensual)
GerenteGeneral
1.100,00
DosCajeros
1.000,00
Cocinero
900,00
DosAyudantecocina 1.000,00
DosMeseros
1.000,00
Cargo
Contratación
(Años)
5
5
5
5
5
Clasificación
GASTO
GASTO
GASTO
GASTO
GASTO
*HUHQWH
PERIODO
$1.100,00
$354,00
8,33%
12,15%
9,45%
8,33%
$29,50
IncrementoSueldo
GerenteGeneral
Sueldo
DécimoTercero
DécimoCuarto
FondosdeReserva
AportesalIESSPatronal
AportesalIESSPersonal
ProvisiónDecTer
ProvisiónDecCuar
GastosSueldos
PagoEmpleado
PagoIESS
CxPEmpleadosPeríodo
CxPAcumuladas
Inicial
0
Año1
1
Año2
12
13
20,00%
Año3
24
25
20,00%
Año4
36
37
20,00%
Año5
48
49
20,00%
60
$1.100,00 $1.100,00 $1.320,00 $1.320,00 $1.584,00 $1.584,00 $1.900,80 $1.900,80 $2.280,96 $2.280,96
$1.100,00
$1.320,00
$1.584,00
$1.900,80
$2.280,96
$133,65
$103,95
$91,67
$29,50
$1.354,82
$996,05
$237,60
$121,17
$121,17
$133,65
$103,95
$91,67
$29,50
$1.354,82
$2.096,05
$237,60
$(978,83)
$118,00
$110,00
$160,38
$124,74
$110,00
$29,50
$1.729,88
$1.195,26
$395,12
$139,50
$257,50
$110,00
$160,38
$124,74
$110,00
$29,50
$1.729,88
$2.515,26
$395,12
$(1.180,50)
$118,00
$132,00
$192,46
$149,69
$132,00
$29,50
$2.069,96
$1.434,31
$474,14
$161,50
$279,50
$132,00
$192,46
$149,69
$132,00
$29,50
$2.069,96
$3.018,31
$474,14
$(1.422,50)
$118,00
$158,40
$230,95
$179,63
$158,40
$29,50
$2.478,05
$1.721,17
$568,97
$187,90
$305,90
$158,40
$230,95
$179,63
$158,40
$29,50
$2.478,05
$3.621,97
$568,97
$(1.712,90)
$118,00
$190,08
$277,14
$215,55
$190,08
$29,50
$2.967,76
$2.065,41
$682,77
$219,58
$337,58
$190,08
$277,14
$215,55
$190,08
$29,50
$2.967,76
$4.346,37
$682,77
$(2.061,38)
$118,00 'RV&DMHURV
PERIODO
$1.000,00
$354,00
8,33%
12,15%
9,45%
8,33%
$29,50
IncrementoSueldo
DosCajeros
Sueldo
DécimoTercero
DécimoCuarto
FondosdeReserva
AportesalIESSPatronal
AportesalIESSPersonal
ProvisiónDecTer
ProvisiónDecCuar
GastosSueldos
PagoEmpleado
PagoIESS
CxPEmpleadosPeríodo
CxPAcumuladas
Inicial
0
Año1
1
Año2
12
1
10,00%
Año3
12
1
10,00%
Año4
12
1
10,00%
Año5
12
1
10,00%
12
$1.000,00 $1.000,00 $1.200,00 $1.200,00 $1.000,00 $1.000,00 $1.200,00 $1.200,00 $1.440,00 $1.440,00
$1.000,00
$1.200,00
$1.000,00
$1.200,00
$1.440,00
$121,50
$94,50
$83,33
$29,50
$1.234,33
$905,50
$216,00
$112,83
$112,83
$121,50
$94,50
$83,33
$29,50
$1.234,33
$1.905,50
$216,00
$(887,17)
$118,00
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$1.086,60
$359,20
$129,50
$247,50
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$2.286,60
$359,20
$(1.070,50)
$118,00
$121,50
$94,50
$83,33
$29,50
$1.234,33
$905,50
$216,00
$112,83
$230,83
$121,50
$94,50
$83,33
$29,50
$1.234,33
$1.905,50
$216,00
$(887,17)
$118,00
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$1.086,60
$359,20
$129,50
$247,50
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$2.286,60
$359,20
$(1.070,50)
$118,00
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$1.303,92
$431,04
$149,50
$267,50
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$2.743,92
$431,04
$(1.290,50)
$118,00 &RFLQHUR
PERIODO
$900,00
$354,00
8,33%
12,15%
9,45%
8,33%
$29,50
IncrementoSueldo
Cocinero
Sueldo
DécimoTercero
DécimoCuarto
FondosdeReserva
AportesalIESSPatronal
AportesalIESSPersonal
ProvisiónDecTer
ProvisiónDecCuar
GastosSueldos
PagoEmpleado
PagoIESS
CxPEmpleadosPeríodo
CxPAcumuladas
Inicial
0
Año1
1
Año2
12
1
10,00%
Año3
12
1
10,00%
Año4
12
1
10,00%
Año5
12
1
10,00%
12
$900,00 $900,00 $1.080,00 $1.080,00 $900,00 $900,00 $1.080,00 $1.080,00 $1.296,00 $1.296,00
$900,00
$1.080,00
$900,00
$1.080,00
$1.296,00
$109,35
$85,05
$75,00
$29,50
$1.113,85
$814,95
$194,40
$104,50
$104,50
$109,35
$85,05
$75,00
$29,50
$1.113,85
$1.714,95
$194,40
$(795,50)
$118,00
$90,00
$131,22
$102,06
$90,00
$29,50
$1.420,72
$977,94
$323,28
$119,50
$237,50
$90,00
$131,22
$102,06
$90,00
$29,50
$1.420,72
$2.057,94
$323,28
$(960,50)
$118,00
$109,35
$85,05
$75,00
$29,50
$1.113,85
$814,95
$194,40
$104,50
$222,50
$109,35
$85,05
$75,00
$29,50
$1.113,85
$1.714,95
$194,40
$(795,50)
$118,00
$90,00
$131,22
$102,06
$90,00
$29,50
$1.420,72
$977,94
$323,28
$119,50
$237,50
$90,00
$131,22
$102,06
$90,00
$29,50
$1.420,72
$2.057,94
$323,28
$(960,50)
$118,00
$108,00
$157,46
$122,47
$108,00
$29,50
$1.698,96
$1.173,53
$387,94
$137,50
$255,50
$108,00
$157,46
$122,47
$108,00
$29,50
$1.698,96
$2.469,53
$387,94
$(1.158,50)
$118,00 'RV$\XGDQWHFRFLQD
PERIODO
$1.000,00
$354,00
8,33%
12,15%
9,45%
8,33%
$29,50
Inicial
0
IncrementoSueldo
DosAyudantecocina
Sueldo
1.000,00
DécimoTercero
DécimoCuarto
FondosdeReserva
AportesalIESSPatronal
AportesalIESSPersonal
ProvisiónDecTer
ProvisiónDecCuar
GastosSueldos
PagoEmpleado
PagoIESS
CxPEmpleadosPeríodo
CxPAcumuladas
Año1
1
Año2
12
1
10,00%
Año4
Año3
12
1
10,00%
12
1
10,00%
Año5
12
1
10,00%
12
$1.000,00 $1.000,00 $1.200,00 $1.200,00 $1.440,00 $1.440,00 $1.728,00 $1.728,00 $2.073,60 $2.073,60
$1.000,00
$1.200,00
$1.440,00
$1.728,00
$2.073,60
$121,50
$94,50
$83,33
$29,50
$1.234,33
$905,50
$216,00
$112,83
$112,83
$121,50
$94,50
$83,33
$29,50
$1.234,33
$1.905,50
$216,00
$(887,17)
$118,00
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$1.086,60
$359,20
$129,50
$247,50
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$2.286,60
$359,20
$(1.070,50)
$118,00
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$1.303,92
$431,04
$149,50
$267,50
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$2.743,92
$431,04
$(1.290,50)
$118,00
$144,00
$209,95
$163,30
$144,00
$29,50
$2.255,45
$1.564,70
$517,25
$173,50
$291,50
$144,00
$209,95
$163,30
$144,00
$29,50
$2.255,45
$3.292,70
$517,25
$(1.554,50)
$118,00
$172,80
$251,94
$195,96
$172,80
$29,50
$2.700,64
$1.877,64
$620,70
$202,30
$320,30
$172,80
$251,94
$195,96
$172,80
$29,50
$2.700,64
$3.951,24
$620,70
$(1.871,30)
$118,00 'RV0HVHURV
PERIODO
$1.000,00
$354,00
8,33%
12,15%
9,45%
8,33%
$29,50
IncrementoSueldo
DosMeseros
Sueldo
DécimoTercero
DécimoCuarto
FondosdeReserva
AportesalIESSPatronal
AportesalIESSPersonal
ProvisiónDecTer
ProvisiónDecCuar
GastosSueldos
PagoEmpleado
PagoIESS
CxPEmpleadosPeríodo
CxPAcumuladas
Inicial
0
Año1
1
Año2
12
1
10,00%
Año3
12
1
10,00%
Año4
12
1
10,00%
Año5
12
1
10,00%
12
$1.000,00 $1.000,00 $1.200,00 $1.200,00 $1.440,00 $1.440,00 $1.728,00 $1.728,00 $2.073,60 $2.073,60
$1.000,00
$1.200,00
$1.440,00
$1.728,00
$2.073,60
$121,50
$94,50
$83,33
$29,50
$1.234,33
$905,50
$216,00
$112,83
$112,83
$121,50
$94,50
$83,33
$29,50
$1.234,33
$1.905,50
$216,00
$(887,17)
$118,00
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$1.086,60
$359,20
$129,50
$247,50
$100,00
$145,80
$113,40
$100,00
$29,50
$1.575,30
$2.286,60
$359,20
$(1.070,50)
$118,00
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$1.303,92
$431,04
$149,50
$267,50
$120,00
$174,96
$136,08
$120,00
$29,50
$1.884,46
$2.743,92
$431,04
$(1.290,50)
$118,00
$144,00
$209,95
$163,30
$144,00
$29,50
$2.255,45
$1.564,70
$517,25
$173,50
$291,50
$144,00
$209,95
$163,30
$144,00
$29,50
$2.255,45
$3.292,70
$517,25
$(1.554,50)
$118,00
$172,80
$251,94
$195,96
$172,80
$29,50
$2.700,64
$1.877,64
$620,70
$202,30
$320,30
$172,80
$251,94
$195,96
$172,80
$29,50
$2.700,64
$3.951,24
$620,70
$(1.871,30)
$118,00 $1(;2
5RWDFLyQGHLQYHQWDULR
(QWUDGDV
INVENTARIOPRODUCTOTERMINADOͲENTRADAS
UNIDADES
InventarioInicial
+'Unidadesproducidas
+Importaciones
ͲUnidadesproyectadasventa
=InventarioFinal
DÓLARES
Inventarioinicial
Compras
InventarioFinalefectivo
CostodePreparación
TOTALCOSTOENTRADAS
0
Ͳ
418
Ͳ
Ͳ
418
Año1
1
12
418 452
836 1.057
Ͳ
Ͳ
836 904
418 605
Año2
13
24
605 661
1.210 1.111
Ͳ
Ͳ
1.210 1.321
605 451
Año3
25
36
451 612
901 1.103
Ͳ
Ͳ
901 1.225
451 491
Año4
37
48
491 547
982 1.093
Ͳ
Ͳ
982 1.093
491 547
Año5
49
60
547 615
1.093 615
Ͳ
Ͳ
1.093 1.230
547 Ͳ
$Ͳ
$1.036,64
$1.036,64
$Ͳ
$1.036,64
$1.036,64
$2.073,28
$1.036,64
$2.073,28
$3.109,92
3,67%
$1.555,46
$3.110,93
$1.555,46
$3.110,93
$4.666,39
3,67%
$1.158,24
$2.316,49
$1.158,24
$2.316,49
$3.474,73
3,67%
$1.262,37
$2.524,74
$1.262,37
$2.524,74
$3.787,11
3,67%
$1.405,68
$2.811,36
$1.405,68
$2.811,36
$4.217,04
$1.121,13
$2.621,53
$1.500,40
$2.242,25
$3.742,65
$1.638,44
$2.755,68
$1.117,24
$3.276,87
$4.394,11
$1.518,85
$2.736,53
$1.217,68
$3.037,70
$4.255,38
$1.355,92
$2.711,83
$1.355,92
$2.711,83
$4.067,75
$1.524,80
$1.524,80
$Ͳ
$3.049,59
$3.049,59
%HELGDV$OFRKyOLFDV
INVENTARIOMATERIAPRIMAͲBEBIDASALCOHOLICAS
UNIDADES
InventarioInicial
+'Unidadesproducidas
+Importaciones
ͲUnidadesproyectadasventa
=InventarioFinal
DÓLARES
Inventarioinicial
Compras
InventarioFinalefectivo
CostodePreparación
TOTALCOSTOBEBIDAS
0
Ͳ
500
Ͳ
Ͳ
500
1
500
861
Ͳ
836
525
12
676
777
Ͳ
904
549
13
549
1.235
Ͳ
1.210
574
24
736
1.085
Ͳ
1.321
500
25
500
926
Ͳ
901
525
36
689
1.036
Ͳ
1.225
500
37
500
1.007
Ͳ
982
525
48
696
1.093
Ͳ
1.093
696
49
696
1.093
Ͳ
1.093
696
60
782
447
Ͳ
1.230
Ͳ
$Ͳ
$535,00
$535,00
$Ͳ
$535,00
$535,00
$921,27
$561,75
$894,52
$1.456,27
$723,25
$831,60
$587,43
$967,42
$1.554,85
3,67%
$608,99
$1.369,95
$636,72
$1.342,22
$1.978,94
$787,53
$1.161,28
$535,00
$1.413,81
$1.948,81
3,67%
$554,63
$1.027,18
$582,37
$999,45
$1.581,82
$737,30
$1.108,32
$535,00
$1.310,62
$1.845,62
3,67%
$554,63
$1.117,03
$582,37
$1.089,30
$1.671,67
$744,37
$1.170,03
$744,37
$1.170,03
$1.914,40
3,67%
$771,69
$1.212,97
$771,69
$1.212,97
$1.984,66
$837,09
$478,67
$Ͳ
$1.315,75
$1.315,75
%HELGDV5HIUHVFDQWHV
INVENTARIOSUMINISTROSDEFABRICACIÓNͲBEBIDASREFRESCANTES
UNIDADES
InventarioInicial
+'Unidadesproducidas
+Importaciones
ͲUnidadesproyectadasventa
=InventarioFinal
DÓLARES
Inventarioinicial
Compras
InventarioFinalefectivo
CostodePreparación
TOTALCOSTOB.REFRESCANTES
0
Ͳ
364
Ͳ
Ͳ
364
$Ͳ
$185,64
$185,64
$Ͳ
$185,64
1
364
836
Ͳ
836
364
$185,64
$426,36
$185,64
$426,36
$612,00
12
394
892
Ͳ
904
382
13
382
1.210
Ͳ
1.210
382
$200,77
$455,16
$194,82
$461,11
$655,93
3,67%
$201,97
$639,75
$201,97
$639,75
$841,72
24
417
1.268
Ͳ
1.321
364
25
364
901
Ͳ
901
364
$212,74
$646,77
$185,64
$673,87
$859,51
3,67%
$192,45
$476,37
$192,45
$476,37
$668,83
36
401
1.225
Ͳ
1.225
401
37
401
982
Ͳ
982
401
$204,67
$624,69
$204,67
$624,69
$829,36
3,67%
$212,18
$519,20
$212,18
$519,20
$731,38
48
405
1.093
Ͳ
1.093
405
49
405
1.093
Ͳ
1.093
405
60
456
774
Ͳ
1.230
Ͳ
$206,71
$557,68
$206,71
$557,68
$764,39
3,67%
$214,30
$578,14
$214,30
$578,14
$792,44
$232,46
$394,67
$Ͳ
$627,13
$627,13
$1(;2
9DOXDFLyQGHO3UR\HFWR
Tasalibrederiesgo
RendimientodelMercado
Beta
RiesgoPaís
TasadeImpuestos
CAPM
WACC
Año1
Año2
Año3
Año4
Año5
2,54%
12,00%
0,69
15%
33,70%
24,07%
13,82%
16,30%
34,06%
21,59%
23,81%
CriteriosdeInversiónconModeloWACC
CriteriosdeInversiónProyecto
CriteriosdeInversiónInversionista
$11.250,00
VAN
$47.776,15
VAN
$1,07
$1,81
IR
IR
44,79%
26,49%
TIR
TIR
3,37
3,16
PeriodoRec.
PeriodoRec.
DescuentoCAPMconBetaapal
Tasalibrederiesgo
RendimientodelMercado
Beta
RiesgoPaís
TasadeImpuestos
CAPM
2,54%
12,00%
1,44
0%
33,70%
16,13%
Paso1:DesapalancarelBetadelaIndustria
BetaApalancadaIndustria:
0,85
BetaDesapalancada:
0,717233
BetaApalancadaEmpresa:
1,44
RDeuda/CapitalIndustria:
RDeuda/CapitalEmpresa:
27,92%
151,23%
CriteriosdeInversiónConModeloCAPM
CriteriosdeInversiónProyecto
CriteriosdeInversiónInversionista
$11.250,00
$79.791,71
VAN
VAN
$1,07
$2,35
IR
IR
26,49%
44,79%
TIR
TIR
3,16
3,37
PeriodoRec.
PeriodoRec.
$1(;2
$PRUWL]DFLyQGHOSUpVWDPR
AÑO1
MES
AÑO2
AÑO3
AÑO4
AÑO5
1
12
13
24
25
36
37
48
49
60
Saldoinicial
$76.931,18
$65.911,99
$64.851,73
$52.496,35
$51.307,53
$37.453,95
$36.120,96
$20.587,51
$19.092,89
$1.675,86
Pagomensual(cuota)
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
$1.691,92
GastoInterés
$737,26
$631,66
$621,50
$503,09
$491,70
$358,93
$346,16
$197,30
$182,97
$16,06
Amortizaciónalcapital
$954,66
$1.060,26
$1.070,42
$1.188,83
$1.200,22
$1.332,98
$1.345,76
$1.494,62
$1.508,94
$1.675,86
Saldofinal
$75.976,52
$64.851,73
$63.781,31
$51.307,53
$50.107,31
$36.120,96
$34.775,21
$19.092,89
$17.583,94
$0,00
$1(;2
$PRUWL]DFLyQGHOD/LFHQFLDGHO%DUFHORQD6SRUWLQJ&OXE
LicenciaOficialB.S.C
Ítem
Licencia
PERIODO
Cantidad
(unidades)
1
0
LicenciaOficialB.S.C
Costodecompra
100.000,00
Gastodeamortización
AmortizaciónAcum
Ͳ
Valorenlibros
100.000,00
VidaÚtil
Costo
CostoTotal
(años)
Unitario
100.000,00
100.000,00
5
1
2
3
Año1
9
10
11
12
13
Año2
24
25
Año3
36
37
Año4
48
49
Año5
60
100.000,00
1.666,67
1.666,67
98.333,33
100.000,00
1.666,67
3.333,33
96.666,67
100.000,00
1.666,67
5.000,00
95.000,00
100.000,00
1.666,67
15.000,00
85.000,00
100.000,00
1.666,67
16.666,67
83.333,33
100.000,00
1.666,67
18.333,33
81.666,67
100.000,00
1.666,67
20.000,00
80.000,00
100.000,00
1.666,67
21.666,67
78.333,33
100.000,00
1.666,67
40.000,00
60.000,00
100.000,00
1.666,67
41.666,67
58.333,33
100.000,00
1.666,67
60.000,00
40.000,00
100.000,00
1.666,67
61.666,67
38.333,33
100.000,00
1.666,67
80.000,00
20.000,00
100.000,00
1.666,67
81.666,67
18.333,33
100.000,00
1.666,67
100.000,00
Ͳ
$1(;2
5HWRUQRGHO,QYHUVLRQLVWD
FlujodeCajadelInversionistaAnual
0
1
2
3
4
5
$(58.923,38) $(13.527,63) $39.397,79 $52.282,76 $69.248,80 $104.939,90
$(13.527,63) $25.870,16 $78.152,92 $147.401,72 $252.341,62
Tasalibrederiesgo
RendimientodelMercado
Beta
RiesgoPaís
TasadeImpuestos
CAPM
WACC
Año1
Año2
Año3
Año4
Año5
2,54%
12,00%
0,69
15%
33,70%
24,07%
13,82%
16,30%
34,06%
21,59%
23,81%
CriteriosdeInversiónconModeloWACC
CriteriosdeInversiónInversionista
CriteriosdeInversiónProyecto
$11.250,00
VAN
VAN
$47.776,15
$1,07
$1,81
IR
IR
44,79%
26,49%
TIR
TIR
3,37
3,16
PeriodoRec.
PeriodoRec.