DATOS BASICOS

Capacidad instalada
Cantidad inicial de ventas (Anual )
Precios
MP con relacin a las ventas
IPC
Inflacion
PIB
Tasa de los Tes
Rendimiento igbc 2015
Beta desapalancado?
Impuesto
Gastos de Administracin Ao 1

13,700.00
9,600.00
8000
29%
6.8%
7.5%
2.6%
7.2%
18%
0.9
34.0%
26,893,141.20

CAPITAL DE TRABAJO
Rotacion de cartera (Dias)
Rotacion de inventario (Dias)
Rotacion de proveedor (Dias)

0
3
0

CONSUM
CARNE
PAN
QUESO
CEBOLLA
TOMATE
SALSAS (TOMATE Y MAYONESA)
LECHUGA
PORTA HAMBURGUESA
SERVILLETAS
PALILLOS
OTROS INSUMOS

PAQ X 10
PAQ X 12
PAQ X 20
LIBRA
LIBRA
400 G
1

Bebida

PAQ

RECARGA CADA MES

ARRENDAMIENTO
ENERGIA

PAQ X 300
PAQ X 100

12.00
12.00

40,000.00
500,000.00

DATOS BASICO
Salario Mensual
Aux Transporte Mensual
No Dias
No Meses
Incremento Salarial

690,000.00
77,700.00
12
12
7.00%
Juv - Sab
2
6

Hora Diurna 8-10

Hora Nocturna 10-4
Concepto
Salario
Aux Transporte
Salud
Pension
Arl
Parafiscales
Cesantias
Int
Prima
Vacaciones
Total Anual 1 empleado
Total Anual 2 empleado
Ao 2
Ao 3
Ao 4
Ao 5

8.50%
12%
0.00522
9%
12%

Valor
5,175,000.00
932,400.00
703,800.00
993,600.00
43,221.60
745,200.00
508,950.00
61,074.00
767,700.00
215,625.00
10,146,570.60
20,293,141.20
21,713,661.08
23,233,617.36
24,859,970.58
26,600,168.52

INVERSION
CAPEX AO 0
Carro de Hamburguesa
Pipeta de Gas
Nevera
Juego de sillas y mesas x 3

12,000,000.00
45,000.00
1,500,000.00
339,000.00
13,884,000.00

DEPRECIACIN
CARRO HAMBURGUESAS
Vidal Util Carro hamburguesas inversio
Depreciacion Anual

12,000,000.00
5
2,400,000.00

FINANCIACION
60%
3
17.8%
40%

60% bancos
Tiempo aos
DTF + 12
40% Socios

CONSUMO DE MATERIA PRIMA

UN
VR TOTAL
10.00
14,000.00
12.00
3,400.00
20.00
4,800.00
15.00
1,300.00
15.00
1,250.00

VR UNITARIO
1,400.00
283.33
240.00
86.67
83.33
39.25
37.50
50.00
13.00
6.50
115.00
2,354.58

VR ANUAL
13,440,000.00
2,720,000.00
2,304,000.00
832,000.00
800,000.00
376,800.00
360,000.00
480,000.00
124,800.00
62,400.00
1,104,000.00
22,604,000.00

40.00
1.00
300.00
100.00

1,500.00
50.00
1,950.00
650.00

24.00

28,300.00

1,179.17

11,320,000.00

480,000.00
6,000,000.00
120,000.00
6,600,000.00

Ao 2
512,496.00
6,406,200.00
128,124.00
7,046,820.00

Ao 3
547,191.98
6,839,899.74
136,797.99
7,523,889.71

Ao 1

MANO DE OBRA

Rec
75%

Valor Hora
2,875.00
2,875.00
5,750.00

5,750.00
17,250.00
23,000.00

Valor Recago
0.00
12,937.50
12,937.50

K1
K2
BI
D/S
WACC

11.77%
0.265428
1.791
1.5
17.68%

Ao 4
584,236.88
7,302,960.95
146,059.22
8,033,257.05

Ao 5
623,789.71
7,797,371.41
155,947.43
8,577,108.55

Valor Dia
5,750.00
30,187.50
35,937.50

Valor Mes
69,000.00
362,250.00
431,250.00

AO 0
Capacidad
Capacidad Utilizada
Unidades
Precio Combo
Ingresos
Crecimiento
Costos y Gastos Variables
Materia Prima
Gastos de venta

Margen de Contribucion

Costos y Gastos Fijos

Administracion
Depreciacion

Utilidad Operacional UAII

Margen de Operacin
FCL
EBITDA
Impuesto sobre UAII
Inversion en capex
Inversion en capital de trabajo
Recuperacion de capital de Trabajo
Ingresos por venta de activos
Ingresos por desechos
Prestamos
Abonos
TOTAL FCL
INDICADORES FINANCIEROS

-13,884,000
-282,700

8,500,020.00
-5,666,680.00

WACC
VAN
VPN
TIR

17.68%
43,687,251.46
38,020,571.46
179%

Clculo de Capital de Trabajo

Inversion en deudores
Inversion en inventarios
Financiacion de proveedores
capital de trabajo operativo
capital de trabajo incremental

0
282,700
0
282,700
0.37%

Calculo de las compras

Consumo
Inv Final
Inv Inicial
Compras

33,924,000
282,700
0
34,206,700

Inversion
5,666,680.00
6,825,375.35
8,189,518.84
9,882,090.30
8,279,778.68

AO 1

AO 2
13,700.00
70%
9,600.00
8,000

13,700.00
72%
9,849.60
8,600

76,800,000

84,706,560
10%

33,924,000
20,773,141
54,697,141
71%

36,468,300
22,226,157
58,694,457
69%

22,102,859
29%

26,012,103
31%

6,120,000
2,400,000
8,520,000
11%

6,534,324
2,400,000
8,934,324
11%

13,582,859
18%

17,077,779
20%

15,982,859
4,618,172

19,477,779
5,806,445

-21,203

-22,793

2,367,982.49
8,975,501.81

2,806,296.05
10,842,245.34

0
303,903
0
303,903
21,203
0.36%

0
326,695
0
326,695
22,793
0.35%

36,468,300
303,903
282,700
36,489,503

39,203,423
326,695
303,903
39,226,215

Rto a TIR
10,134,197.16
12,206,388.84
14,646,000.58
17,672,967.50
14,807,419.79

FCL
8,975,501.81
10,842,245.34
12,953,429.12
19,275,279.13
23,087,198.47

AO 3

AO 4
13,700.00
74%
10,105.69
9,245

13,700.00
76%
10,368.44
9,938

93,427,100

103,045,420

10%

10%

39,203,423
23,780,809
62,984,232
67%

42,143,679
25,444,207
67,587,887
66%

30,442,869
33%

35,457,534
34%

6,976,698
2,400,000
9,376,698
10%

7,449,020
2,400,000
9,849,020
10%

21,066,171
23%

25,608,514
25%

23,466,171
7,162,498

28,008,514
8,706,895

-24,502

-26,340

3,325,741.45
12,953,429.12

19,275,279.13

0
351,197
0
351,197
24,502
0.34%

0
377,537
0
377,537
26,340
0.33%

42,143,679
351,197
326,695
42,168,181

Saldo de Inversion
6,825,375.35
8,189,518.84
9,882,090.30
8,279,778.68
0.00

45,304,455
377,537
351,197
45,330,795

AO 5
13,700.00
78%
10,638.02
10,684
113,653,946
10%

45,304,455
27,223,958
72,528,413
64%
41,125,533
36%

7,953,319
2,400,000
10,353,319
9%
30,772,214
27%

33,172,214
10,462,553
0
377,537

23,087,198.47

DEUDA INICIAL
TASA DE INTERES
NUMERO DE PERIODOS
PAGO
No Aos
0
1
2
3

NICIAL
E INTERES
O DE PERIODOS

8,500,020.00
18.5%
3
3941336.20

EA

Saldo
8,500,020.00
6,132,037.51
3,325,741.45
-

Abono
2,367,982.49
2,806,296.05
3,325,741.45

Intereses
1,573,353.70
1,135,040.14
615,594.74

Cuota
3,941,336.20
3,941,336.20
3,941,336.20

RELACION DE INGRESOS COSTOS Y GASTOS

Costos y Gastos Variable

71%

11%
AO 1

69%

11%
AO 2

67%

66%

64%

10%

10%

9%

AO 3

AO 4

AO 5

EBITDA
35,000,000.000

30,000,000.000

25,000,000.000

Utilidad Operacional UAII

20,000,000.000

30,772,214 Costos y Gastos Fijos

PESOS
15,000,000.000

10,000,000.000

25,608,514
21,066,171
17,077,779
13,582,859

5,000,000.000

2,400,000 2,400,000 2,400,000 2,400,000 2,400,000

0.000
AO 1

AO 2

AO 3
AO

AO 4

AO 5

FLUJO DE CAJA LIBRE

23,087,198

25,000,000

19,275,279

20,000,000

12,953,429

15,000,000

10,842,245
8,975,502

10,000,000

TOTAL FCL

PESOS
5,000,000

0
AO 0

AO 1

AO 2

-5,000,000

-5,666,680
-10,000,000
AO

AO 3

AO 4

AO 5

Pasivo
Tasa de Interes
patrimonio
Tasa de los Tes
Tasa de Mercado
Bu
Tasa de Impuestos

Estructura de capital
K1
K2
BI
D/S
WACC

7,543,228
7.50% EA
5,028,819
8.46%
18.50%
1
34%

0.6
0.4

12,572,046.67
4.95%
28.440%
1.99
1.5
0.1434584
Deuda
Patrimonio
K1
K2
D/S
BI
WACC

10%
90%
4.95%
19.24%
11.11%
1.0733333333
17.81%

20%
80%

30%
70%

4.95%
4.95%
20.16%
21.34%
25.00%
42.86%
1.165 1.28285714
17.12%
16.42%

40%
60%
4.95%
22.92%
66.67%
1.44
15.73%

50%
50%
4.95%
25.13%
100.00%
1.66
15.04%

60%
40%

70%
30%

4.95%
28.44%
150.00%
1.99
14.35%

4.95%
33.96%
233.33%
2.54
13.65%

WACC
VAN
VPN
TIR

14.3%
###
###
350%

WACC
VAN
VPN
TIR

17.68%
###
###
179%

TIR = 179% > WACC = 17,68% => VPN = 38.020.571 >

8% => VPN = 38.020.571 > 0