TRABAJO

secretaria

operario

644,350

800000

700000

aux. transporte

74,000

74,000

74,000

VR. Dias ordinario

21,478

26,667

23,333

VR. Hora ordinaria

2,685

3,333

2,917

SMMLV

trabajo extra o complementario

extra o complementfactor

valor

HEDO

1.25

HENO

1.75

hora RECARGO NO

secretaria
4,167

3,646

4,698

5,833

5,104

0.35

940

1,167

1,021

HEDO

5,370

6,667

5,833

HEND

2.5

6,712

8,333

7,292

1.75

4,698

5,833

5,104

H. dominical

3,356

operario

ejemplo
observaciones
15 hedo

50,340

16 heno

75,174
125,514

provisiones
prestaciones socialeN. empleados
cesantias

8.33%

int.cesantias

1.00%

prima

8.33%

vacaiones

4.17%

total p.s.

21.83%

aportes parafiscales
caja compen.

4.00%

ICBF

3.00%

sena

2.00%

total. A.P.

9.00%

secretaria
operario

SEGURIDAD SOCIAL
salud
pension
ARL.

8.50%
12.00%
0.52%

total S.S.

21.02%

TOTALprovisiones

51.86%

rvaciones
15 HENO

87,500

12 HEDO

43,750

10 HENO

51,042

TOTAL

182,292

bien
94,792
94792

nombre

cargo
gerente

salario basico

dias

sueldo

3,000,000

30

3,000,000

secretaria

800,000

30

800,000

vendedor

644,350

30

644,350

operario

700,000

30

700,000

devengado
aux. transportextras
74,000

87,500

74,000
74,000

94,792

deducciones
total devenga salud

pension

total deduccione

3,000,000

120,000

120,000

240,000

961,500

32,540

32,540

65,080

718,350

22,814

22,814

45,628

868,792

28,832

28,832

57,663

neto pagado
2,760,000
896,420
672,722
811,128

firma

4,5% anual

servicios publicos

mes

ao 1

ao 2

AAA

200,000

2,400,000

2,508,000

energia

300,000

3,600,000

3,762,000

internet

170,000

2,040,000

2,131,800

telefono

60,000

720,000

752,400

t.v.

50,000

600,000

627,000

gas

20,000

240,000

250,800

800,000

9,600,000

10,032,000

COSTOS DE PRODUCCION
materiales directos

mes

ao 1

ao 2

Mp1

720,000

8,640,000

9,028,800

Mp2

850,000

10,200,000

10,659,000

mP3

700,000

8,400,000

8,778,000

Mp4

950,000

11,400,000

11,913,000

total

3,220,000

38,640,000

40,378,800

mano de obra directos

mes

ao 1

ao 2

operario

1,206,934

14,483,202

15,134,947

totales

1,206,934

14,483,202

15,134,947

CIF

mes

ao 1

ao 2

servicios publicos (72%)

576,000

6,912,000

7,223,040

mantenimiento

600,000

7,200,000

7,524,000

1,100,000

13,200,000

13,794,000

300,000

3,600,000

3,762,000

2,576,000

30,912,000

32,303,040

materiales indirectos
lubricantes
totales
resumen costos de produccmes

ao 1

ao 2

materiales directos

3,220,000

38,640,000

40,378,800

Mano de obra directo

1,206,934

14,483,202

15,134,947

CIF

2,576,000

30,912,000

32,303,040

TOTALES

7,002,934

84,035,202

87,816,787

gastos de administracion mes

salario gerente

ao 1

ao 2

4,555,660

54,667,920

57,127,976

1,347,716

16,172,593

16,900,360

servicios publicos (18%)

144,000

1,728,000

1,805,760

dotacion

250,000

3,000,000

3,135,000

capacitacion

150,000

1,800,000

1,881,000

6,447,376

77,368,513

80,850,096

salario secretaria

total

gastos de ventas

mes

salario vendedor

ao 1

ao 2

978,480

11,741,758

12,270,137

80,000

960,000

1,003,200

publicidad

500,000

6,000,000

6,270,000

comision (1,5%)

375,000

4,500,000

4,770,000

1,933,480

23,201,758

24,313,337

servicios publicos (10%)

total
gastos financieros
credito bancario

mes

ao 1
458,437

ao 2
5,501,246

5,748,802

proyeccion de ingresos
ventas (6%)
credito 7%

mes

ao 1

ao 2

25,000,000

300,000,000

318,000,000

1,750,000

21,000,000

22,470,000

279,000,000

295,530,000

ao 3

ao 4

ao 5

ao 6

2,620,860

2,738,799

2,862,045

2,990,837

3,931,290

4,108,198

4,293,067

4,486,255

2,227,731

2,327,979

2,432,738

2,542,211

786,258

821,640

858,613

897,251

655,215

684,700

715,511

747,709

262,086

273,880

286,204

299,084

10,483,440

10,955,195

11,448,179

11,963,347

ao 3

ao 4

ao 5

ao 6

9,435,096

9,859,675

10,303,361

10,767,012

11,138,655

11,639,894

12,163,690

12,711,056

9,173,010

9,585,795

10,017,156

10,467,928

12,449,085

13,009,294

13,594,712

14,206,474

42,195,846

44,094,659

46,078,919

48,152,470

ao 3

ao 4

ao 5

ao 6

15,816,019

16,527,740

17,271,488

18,048,705

15,816,019

16,527,740

17,271,488

18,048,705

ao 3

ao 4

ao 5

ao 6

7,548,077

7,887,740

8,242,689

8,613,610

7,862,580

8,216,396

8,586,134

8,972,510

14,414,730

15,063,393

15,741,246

16,449,602

3,931,290

4,108,198

4,293,067

4,486,255

33,756,677

35,275,727

36,863,135

38,521,976

ao 3

ao 4

ao 5

ao 6

42,195,846

44,094,659

46,078,919

48,152,470

15,816,019

16,527,740

17,271,488

18,048,705

33,756,677

35,275,727

36,863,135

38,521,976

91,768,542

95,898,126

100,213,542

104,723,151

ao 3

ao 4

ao 5

ao 6

59,698,735

62,385,178

65,192,511

68,126,174

17,660,876

18,455,615

19,286,118

20,153,993

1,887,019

1,971,935

2,060,672

2,153,402

3,276,075

3,423,498

3,577,556

3,738,546

1,965,645

2,054,099

2,146,533

2,243,127

84,488,350

88,290,326

92,263,391

96,415,243

ao 3

ao 4

ao 5

ao 6

12,822,293

13,399,297

14,002,265

14,632,367

1,048,344

1,095,519

1,144,818

1,196,335

6,552,150

6,846,997

7,155,112

7,477,092

5,056,200

5,359,572

5,681,146

6,022,015

25,478,987

26,701,385

27,983,341

29,327,808

ao 3

ao 4
6,007,498

ao 5
6,277,836

ao 6
6,560,338

6,855,553

ao 3

ao 4

ao 5

ao 6

337,080,000

357,304,800

378,743,088

401,467,673

24,042,900

25,725,903

27,526,716

29,453,586

313,037,100

331,578,897

351,216,372

372,014,087

S.P.
ADMINISTR

18%

VENTAS

10%

PRODUCCION

72%

SERVICIOS PBLICOS
ADMINISTRACION; 18%

VENTAS ; 10%

PRODUCCION ; 72%

STRACION; 18%

VENTAS ; 10%

estado de costos
II materiales

mes

ao 1
-

3,220,000

1.0000000

(+)

compra de materiales

38,640,000

(-)

devoluciones,reb, otros

(=)

materiales disponibles/pro.

(-)

II materiales

(=)

materiales aplicados/prod.

3,220,000

38,639,999

(+)

M.O.D.

1,206,934

14,483,202

(+)

C.I.P.

2,576,000

30,912,000

(=)

costos de produccion

7,002,934

84,035,201

(+)

productos en proceso

I.I.PP.

(-)

I.F. p.p.

(+)

productos terminados

II. PT.

(-)

IF. PT.

(=)

estado de costos

3,220,000

1
38,640,000

7,002,934

84,035,201

ao 2

ao 3

ao 4

ao 5

ao 6

2.0000000

3.0000000

4.0000000

5.0000000

6.0000000

40,378,800

42,195,846

44,094,659

46,078,919

48,152,470

40,378,800

42,195,846

44,094,659

46,078,919

48,152,470

40,378,798

42,195,843

44,094,655

46,078,914

48,152,464

15,134,947

15,816,019

16,527,740

17,271,488

18,048,705

32,303,040

33,756,677

35,275,727

36,863,135

38,521,976

87,816,785

91,768,539

95,898,122

100,213,537

104,723,145

###

###

87,816,785

91,768,539

95,898,122

100,213,537

104,723,145

inversion fija
cantidad

detalle

V/unit

maquinaria y equipo, bienes muebles.

8 escritorios

250,000

16 sillas

60,000

1 maquina

10,000,000

5 estantes

150,000

2 papeleras

50,000

total maquinaria y equipo, bienes muebles

vehiculo y computadores
3 computadores

2,000,000

1 registradora

250,000

1 impresora

320,000

1 equipo de computo

2,300,000

1 vehiculo

24,000,000

total vehiculo y computadores

total inversion fija.
inversion circulante
concepto

valor

compra de materiales
credito bancario

3,220,000
23,000,000

papeleria

500,000

publicidad

500,000

imprevistos
total

3,000,000
30,220,000

inversion diferida
concepto

total

1 ao

gastos legalizacion
remodelacion area de produccion
adecuacion area de administracion
total

5,000,000

833,333

10,000,000

1,666,667

2,500,000

416,667

17,500,000

2,916,667

resumen inventario
inventario fijo

46,680,000

inventario circulante

30,220,000

inventario diferido

17,500,000

total

94,400,000

depreciacion
maquinaria y equipo, bienes muebles

ao 1

ao 2
1,381,000

1,381,000

vehiculos y computadores

6,574,000

6,574,000

total depreciacion

7,955,000

7,955,000

V/total.
2,000,000
960,000
10,000,000
750,000
100,000
13,810,000
6,000,000
250,000
320,000
2,300,000
24,000,000
32,870,000
46,680,000

ao 3

ao 4

ao 5

1,381,000

1,381,000

1,381,000

6,574,000

6,574,000

6,574,000

7,955,000

7,955,000

7,955,000

ao 6
1,381,000
1,381,000

ESTADO DE RESULTADOS
AO 1
Ventas Brutas (Anuales)

AO 2

279,000,000

295,530,000

84,035,201

87,816,785

194,964,799

207,713,215

77,368,513

80,850,096

Amortizacin de Diferidos

2,916,667

2,916,667

Depreciacin

7,955,000

7,955,000

23,201,758

24,313,337

Costo de Ventas (ECPFyV)

Utilidad Bruta en ventas
Gastos de Administracin (ESPECIFICAR)

Gastos de Ventas (ESPECIFICAR)

gastos financiros

5,501,246

5,748,802

Utilidad Operacional

78,021,615

85,929,314

Imporenta

25,747,133

28,356,673

Utilidad del Ejercicio

52,274,482

57,572,640

BALANCE GENERAL PROYECTADO (CLASIFICAR)

AO 0

AO 1

AO 2

ACTIVO
activo corriente
Efectivo

$ 30,220,000

ventas a credito

$ 119,113,282

21,000,000

$ 190,167,129

22,470,000

activo no corriente
Activo Fijo
Depreciacin acumulada

46,680,000

46,680,000

46,680,000

7,955,000

15,910,000

17,500,000

14,583,333

11,666,667

$ 94,400,000

$ 193,421,615

$ 255,073,795

25,747,133

28,356,673

5,501,246

5,748,802

otros activos
Diferidos
TOTAL ACTIVOS
PASIVO
pasivo corriente
Imporenta
pasivo no corriente
gastos financieros

TOTAL PASIVO

31,248,379

34,105,475

$ 94,400,000

$ 94,400,000

$ 94,400,000

Utilidad del ejercicio

52,274,482

57,572,640

Utilidad Acumulada

52,274,482

TOTAL PATRIMONIO

$ 94,400,000

$ 146,674,482

$ 204,247,122

TOTALPASIVO Y PATRIMONIO

$ 94,400,000

$ 177,922,861

$ 238,352,598

PATRIMONIO
Capital

FLUJO DE EFECTIVO PROYECTADO

AO 1
saldo inicial

AO 2

AO 3

$ 30,220,000

$ 119,113,282

$ 190,167,129

279,000,000

295,530,000

313,037,100

$ 309,220,000

$ 414,643,282

$ 503,204,229

$ 84,035,201

$ 87,816,785

$ 91,768,539

Gastos de Administracin

77,368,513

80,850,096

84,488,350

Gastos de Ventas

23,201,758

24,313,337

25,478,987

5,501,246

5,748,802

6,007,498

25,747,133

28,356,673

TOTAL SALIDAS

$ 190,106,718

$ 224,476,153

$ 236,100,048

SALDO FINAL

$ 119,113,282

$ 190,167,129

$ 267,104,181

ENTRADAS
Ventas
Total Entradas
SALIDAS
Costo de Ventas

gastos financieros
Imporenta

AO 3

AO 4

AO 5

AO 6

313,037,100

331,578,897

351,216,372

372,014,087

91,768,539

95,898,122

100,213,537

104,723,145

221,268,561

235,680,775

251,002,835

267,290,942

84,488,350

88,290,326

92,263,391

96,415,243

2,916,667

2,916,667

2,916,667

2,916,667

7,955,000

7,955,000

7,955,000

1,381,000

25,478,987

26,701,385

27,983,341

29,327,808

6,007,498

6,277,836

6,560,338

6,855,553

94,422,059

103,539,562

113,324,098

130,394,670

31,159,279

34,168,055

37,396,952

43,030,241

63,262,779

69,371,506

75,927,146

87,364,429

)
AO 3

$ 267,104,181

24,042,900

AO 4

$ 350,356,129

25,725,903

AO 5

$ 440,383,839

27,526,716

AO 6

$ 537,679,223

29,453,586

46,680,000

46,680,000

46,680,000

46,680,000

23,865,000

31,820,000

39,775,000

41,156,000

8,750,000

5,833,333

2,916,667

$ 322,712,081

$ 396,775,366

$ 477,732,222

$ 572,656,810

31,159,279

34,168,055

37,396,952

43,030,241

6,007,498

6,277,836

6,560,338

6,855,553

37,166,777

40,445,891

43,957,291

49,885,794

$ 94,400,000

$ 94,400,000

$ 94,400,000

$ 94,400,000

63,262,779

69,371,506

75,927,146

87,364,429

109,847,122

173,109,901

242,481,407

318,408,553

$ 267,509,901

$ 336,881,407

$ 412,808,553

$ 500,172,982

$ 304,676,679

$ 377,327,298

$ 456,765,844

$ 550,058,777

AO 4

AO 5

AO 6

$ 267,104,181

$ 350,356,129

$ 440,383,839

331,578,897

351,216,372

372,014,087

$ 598,683,078

$ 701,572,501

$ 812,397,926

$ 95,898,122

$ 100,213,537

$ 104,723,145

88,290,326

92,263,391

96,415,243

26,701,385

27,983,341

29,327,808

6,277,836

6,560,338

6,855,553

31,159,279

34,168,055

37,396,952

$ 248,326,948

$ 261,188,662

$ 274,718,703

$ 350,356,129

$ 440,383,839

$ 537,679,223

36,951,273

diferencia ACT- T.pp

ao 0

ao 1
$0

$ 15,498,754

ao 2
$ 16,721,198

ao 3
$ 18,035,402

ao 4
$ 19,448,067

ao 5
$ 20,966,378

ao 6
$ 22,598,033

INDICADORES FINANCIEROS PRIMER AO ACTIVIDADES

RAZON

FORMULA

INDICADOR

1 LIQUIDEZ

1,1 CAPITAL DE TRABAJO

ACTIVO CTE-PASIVO CTE

LIQUIDEZ

ACT CTE / PASIVO CTE

PRUEBA ACIDA

ACT CTE-INVENT/PASIVO

AO 1

93,366,149
4.63
4.63

2 ACTIVIDAD

ROTAC CAP TRABAJO

ING NETO/CAPITAL DE T

2.99

ROTAC DEL PATRIMONIO

ING NETO/PATRIMONIO

1.90

ROTACION DE CARTERA

ING NETO/CXC

N.A

RATAC ACTIVO FIJO

ING NETO/ACTIVO FIJO

7.20

ROTAC ACTIVO TOTAL

ING NETO/ACTIVO TOTAL

1.44

3 ENDEUDAMIENTO Y SOLVENCIA

ENDEUDAMIENTO

PASIVO EXIGIBLE/ACT TO

0.16

SOLVENCIA TOTAL

PATRIMONIO/ACT FIJO

3.79

4 RENTABILIDAD

RENT DE LA INVERSION

UTIL NETA/ACTIVO TOTA

0.27

RENT DEL PATRIMONIO

UTIL NETA/PATRIMONIO

0.36

RENT OPERATIVA

UTIL NETA/VENTAS NETA

0.19

RELAC UTILIDAD-COSTOS

UTIL NETA/COSTOS TOTA

0.62

ADES
INDICADOR
AO 2

INDICADOR
AO 3

INDICADOR
ao 4

INDICADOR
ao 5

INDICADOR
ao 6

161,810,455 235,944,901 316,188,074 402,986,887 494,648,982

6.71

8.57

10.25

11.78

12.50

6.71

8.57

10.25

11.78

12.50

1.83

1.33

1.05

0.87

0.75

1.45

1.17

0.98

0.85

0.74

N.A

N.A

N.A

N.A

N.A

9.60

13.72

22.31

50.86

67.35

1.16

0.97

0.84

0.74

0.65

0.13

0.12

0.10

0.09

0.09

6.64

11.73

22.67

59.78

90.55

0.23

0.20

0.17

0.16

0.15

0.28

0.24

0.21

0.18

0.17

0.19

0.20

0.21

0.22

0.23

0.66

0.69

0.72

0.76

0.83

AOS

FNE
VPN

AOS

-94,400,000
$

1
$ 52,274,482

2
$ 57,572,640

3
$ 63,262,779

4
$ 69,371,506

1
$ 52,274,482

2
$ 57,572,640

3
$ 63,262,779

4
$ 69,371,506

131,624,531

FNE

-94,400,000

T.I.R

59%

5
$ 75,927,146

6
$ 87,364,429

5
$ 75,927,146

6
$ 87,364,429

Los siguientes son los puntos para el examen final, deben agregar al ejerci
que estamos elaborando, (a estle faltan los indicadores financieros, y
evaluacin econmica, la idea es poder culminar el ejercicio en la siguiente
clase, sin embargo pueden ir adelantando el ejercicio final):
1. Crdito bancario $23.000.000 (adicional a la inversin inicial) Tasa de inters 13,5% efectivo anual
pagadero mes vencido. Tiempo (el tiempo del proyecto)
2. Clasificar los estados financieros.
3. 7% de las ventas totales a crdito.
4. Determinar el punto de equilibrio.
5. Calcular relacin costo beneficio.
6. Prolongar 2 aos ms.

A la inversin Inicial agregar Equipo de computo $ 2.300.000, Vehculo por $24.000.000

ya

ya
ya