POLITCNICO GRANCOLOMBIANO

CREACION DE EMPRESAS SECTOR MADERAS Y MUE

EMPRESA ECOMUEBLE

ORJUELA ORJUELA MIGUEL ANGEL Cdigo: 151102

MONTOYA RAMIREZ ANA MARIA Cdigo: 15119803
ZAMORA ABAD JUAN DAVID Cdigo: 162198279
ROZO AVENDAO MARIA CAMILA Cdigo: 151981
AMAZO ORDOEZ PAULA ANDREA Cdigo: 1621981
MOLINA CACERES JHON WILBER Cdigo: 1621980
NEIRA ROMERO NIKOL STHEFANNY Cdigo: 162198
SANTANA ALVAREZ KAREN JULIETH Cdigo: 162198

BOGOTA
2017
GRANCOLOMBIANO

SECTOR MADERAS Y MUEBLES

A ECOMUEBLE

EL ANGEL Cdigo: 1511022450

A MARIA Cdigo: 1511980363
DAVID Cdigo: 1621982798
A CAMILA Cdigo: 151981408
ANDREA Cdigo: 1621981189
WILBER Cdigo: 1621980853
HEFANNY Cdigo: 1621981826
N JULIETH Cdigo: 1621982548
 ESTADOS FINA
ESTADO D

ESCENARIOS

0
INGRESOS
(-)COSTOS DE PRODUCCION
(=) UTILIDAD BRUTA
GASTOS DE VENTAS 5%
GASTOS ADMINISTRACION 5%
(-) DEPRECIACION
(-) AMORTIZACION DIFERIDOS
UTILIDAD OPERACIONAL
Gastos Financieros
UTILIDAD ANTES DE IMPUESTOS
Provisin de Impuestos 34%
UTILIDAD NETA
RESERVA LEGAL 10%
UTILIDAD DEL EJERCICIO

FLUJO DE CAJA PO

0
VENTAS
COSTO VARIABLES
COSTOS FIJOS
GASTOS DE VENTAS
GASTOS ADMINISTRACION
(-) DEPRECIACION
(-) AMORTIZACION
UTILIDAD BRUTA
(-) IMPUESTOS
UTILIDAD NETA
(+) DEPRECIACION
(+) AMORTIZACION
FLUJO UTILIDAD OPERATIVA NETA
(-) INVERSION EN ACTIVOS FIJOS
(-) INTANGIBLES
(-) CAPITAL DE TRABAJO
FLUJO DE CAJA

FLUJO DE EFECTIVO

0
UTILIDAD NETA
(+)Depreciacin
(+)Amortizacin
(+)Impuesto por pagar
UTILIDAD AJUSTADA
ACTIVIDADES DE OPERACIN
Cuentas por Cobrar
Nmina
Cuentas por pagar
Gastos Pagados por Anticipado
Otras cuentas por pagar
TOTAL ACTIVIDADES DE OPERACIN
ACTIVIDADES DE INVERSION
Propiedad planta y equipo
TOTAL ACTIVIDADES DE INVERSION
ACTIVIDADES DE FINANCIACION
Prestamos bancarios a largo plazo
Pago prestamo bancario
Capital Social
TOTAL ACTIVIDADES DE FINANCIACIN
Flujo Neto de Efectivo y Equivalente de efectivo
Saldo Inicial de Efcetivo y Equivalente
Saldo Final de Efectivo y Equivalente

ESTADO DE SITUACIN FINANCIERA

Periodo 0
ACTIVO
EFECTIVO Y EQUIVALENTES AL EFECTIVO
ACTIVO FIJO
DEPRECIACION
ACTIVO FIJO NETO
ACTIVOS DIFERIDOS
TOTAL ACTIVO
PASIVO
OBLIGACIONES FINANCIERAS
IMPUESTO POR PAGAR
TOTAL PASIVO
PATRIMONIO
CAPITAL SOCIAL
RESERVA LEGAL
UTILIDAD DEL EJERCICIO
UTILIDADES RETENIDAS
TOTAL PATRIMONIO
TOTAL PASIVO+PATRIMONIO

CHECK SUMAS -

ANLISIS D
TASA DE DESCUENTO

#REF!

VALOR PRESENTE NETO

RBC

TIR

PRI
ESTADOS FINANCIEROS EMPRESA
ESTADO DE RESULTADOS

1 2 3
$ 2,405,478,419 $ 2,725,407,049 $ 3,087,886,186
$ 173,705,208 $ 191,075,729 $ 210,183,302
$ 2,231,773,211 $ 2,534,331,320 $ 2,877,702,885
$ 133,505,208 $ 133,505,208 $ 133,505,208
$ 131,160,000 $ 137,718,000 $ 144,603,900
-$ 3,801,114 -$ 3,801,114 -$ 3,801,114
-$ 5,000,000 -$ 5,000,000 -$ 5,000,000
$ 1,958,306,889 $ 2,254,306,998 $ 2,590,792,662
$ 2,805,732 $ 2,338,924 $ 1,797,076
$ 1,955,501,157 $ 2,251,968,074 $ 2,588,995,587
$ 664,870,393 $ 765,669,145 $ 880,258,500
$ 1,290,630,764 $ 1,486,298,929 $ 1,708,737,087
$ 129,063,076 $ 148,629,893 $ 170,873,709
$ 1,161,567,687 $ 1,337,669,036 $ 1,537,863,379

FLUJO DE CAJA POR METODO INDIRECTO

1 2 3
$ 2,405,478,419 $ 2,725,407,049 $ 3,087,886,186
 FLUJO DE EFECTIVO POR METODO INDIRECTO

1 2 3
1,290,630,764
3,801,114
5,000,000
664,870,393
1,329,740,787

2,405,478,419
- 133,505,208
- 173,705,208
- 25,000,000
- 131,160,000
1,942,108,003

- 19,858,000
- 19,858,000

20,000,000
- 5,709,583
45,000,000
59,290,417
1,981,540,420
 -
1,981,540,420

1 2 3

1,981,540,420 3,574,068,555 5,402,283,604

19,858,000 19,858,000 19,858,000
3,801,114 7,602,229 11,403,343
16,056,886 12,255,771 8,454,657
20,000,000 15,000,000 10,000,000
2,017,597,306 3,601,324,327 5,420,738,261

17,096,148 13,725,489 9,812,982

664,870,393 765,669,145 880,258,500
681,966,542 779,394,634 890,071,481

45,000,000 45,000,000 45,000,000

129,063,076 277,692,969 448,566,678
1,161,567,687 1,337,669,036 1,537,863,379
1,161,567,687 2,499,236,723
1,335,630,764 2,821,929,692 4,530,666,780
2,017,597,306 3,601,324,327 5,420,738,261

- - -

ANLISIS DE SENSIBILIDAD

#REF! #REF! #REF!

A

4 5
$ 3,498,575,049 $ 3,963,885,531
$ 231,201,632 $ 254,321,795
$ 3,267,373,417 $ 3,709,563,736
$ 133,505,208 $ 133,505,208
$ 151,834,095 $ 159,425,800
-$ 3,801,114 -$ 3,801,114
-$ 5,000,000 -$ 5,000,000
$ 2,973,233,000 $ 3,407,831,614
$ 1,168,122 $ 438,062
$ 2,972,064,878 $ 3,407,393,552
$ 1,010,502,058 $ 1,158,513,808
$ 1,961,562,819 $ 2,248,879,744
$ 196,156,282 $ 224,887,974
$ 1,765,406,537 $ 2,023,991,770

4 5
$ 3,498,575,049 $ 3,963,885,531
4 5
 4 5

7,498,349,636 9,898,770,722
19,858,000 19,858,000
15,204,457 19,005,571
4,653,543 852,429
5,000,000 -
7,508,003,178 9,899,623,151

5,271,521 (0)
1,010,502,058 1,158,513,808
1,015,773,580 1,158,513,808

45,000,000 45,000,000
644,722,960 869,610,934
1,765,406,537 2,023,991,770
4,037,100,102 5,802,506,639
6,492,229,599 8,741,109,343
7,508,003,178 9,899,623,151

- -

#REF! #REF!
NOTA: EN LOS CASOS QUE REQUIEREN MAS ITEMS AGREGAR FILAS

COSTOS FIJOS
Mensual

Arriendo 5,300,000
Servivio de internet y telefonia fija 180,000
Servicio de agua 200,000
Servicio de luz 350,000
Articulos de limpieza 350,000
Gastos Financieros 142,465
Mantenimiento de equipos 200,000
Personal administrativo 4,350,000
Publicidad 416,667

TOTAL COSTO FIJO MES 11,489,132

GASTOS DE ADMINISTRACION 10,930,000

GASTO DE VENTAS 1,216,667

MENSUAL
 MENSUAL

MENSUAL

INVERSION INCIAL

PROPIEDAD PLANTA Y EQUIPO Valor unitario

Sierra circular $ 958,000

Garlopa $ 7,740,000
Lijadora de banda $ 303,000
Pistola Claveadora $ 698,000
Compresora $ 469,000
Taladro inalambrico $ 330,000
Cepilladora $ 360,000
Computadores $ 9,000,000
Total $ 19,858,000

CAPITAL DE TRABAJO
COSTOS FIJOS AL MES 11,489,132
COSTOS VARIABLES AL MES 12,975,434
DOS MESES DE COSTOS Y GASTOS 48,929,131

GASTOS DE PREOPERATIVOS
Arriendo 5,300,000
Servivio de internet y telefonia fija 180,000
Servicio de agua 200,000
Servicio de luz 350,000
Personal de seguridad 737,717
Articulos de limpieza 350,000
Personal administrativo 10,325,434
TOTAL 17,443,151

TOTAL INVERSION INICIAL

DEUDA 20,000,000
RECURSOS PROPIOS $ 45,000,000

INFLACIN PROYECTADA - VENTAS

INCREMENTO COSTOS
 COSTOS

Tipo de gasto

COSTO VARIABLE UNITARIO = COSTO VARIABLE TOTAL / CAPACIDAD INS

COSTO FIJO UNITARIO = COSTO FIJO TOTAL / CAPACIDAD INSTALADA

COSTO UNITARIO TOTAL = CVU + CFU

PRECIO DE VENTA = COSTO UNITARIO TOTAL + % GANANCIA

Depreciacin
Vida til/ Aos Anual
7 $ 136,857
5 $ 1,548,000
6 $ 50,500
7 $ 99,714
10 $ 46,900
7 $ 47,143
5 $ 72,000
5 $ 1,800,000
$ 3,801,114
 COSTOS
COSTOS VARIABLES
Mensual
COSTOS VARIABLES
Materiales e insumos directos 7,000,000
Mano de obra directa 5,975,434
Costos indirectos de fabricacion 1,500,000

TOTAL COSTO VARIABLE MES $ 12,975,434

CAPACIDAD INSTALADA
CANTIDAD/DA
CAMAS 5
SOFAS 3
COMEDORES 3
SILLAS 12
TOTAL 23

COSTO VARIABLE TOTAL / CAPACIDAD INSTALADA CAMAS

SOFAS
COMEDORES
 SILLAS
TOTAL

O FIJO TOTAL / CAPACIDAD INSTALADA CAMAS

SOFAS
COMEDORES
SILLAS
TOTAL

U + CFU CAMAS
SOFAS
COMEDORES
SILLAS
TOTAL

NITARIO TOTAL + % GANANCIA

PRECIO DE VENTA CAMAS $ 83,402
PRECIO DE VENTA SOFAS $ 139,003
PRECIO DE VENTA COMEDORES $ 139,003
PRECIO DE VENTA SILLAS $ 34,751
TOTAL $ 396,159

Cantidad de
maquinaria
Depreciacin Mensual
$ 11,405 $ 2
$ 129,000 $ 2
$ 4,208 $ 3
$ 8,310 $ 2
$ 3,908 $ 1
$ 3,929 $ 3
$ 6,000 $ 2
$ 150,000 $ 5
$ 316,760
 MES ANUAL
110 1,320
66 792
66 792
264 3,168
506 6,072

$ 29,490
$ 49,149
$ 49,149
$ 12,287
$ 140,076

$ 26,112
$ 43,519
$ 43,519
$ 10,880
$ 124,030

$ 55,601
$ 92,669
$ 92,669
$ 23,167
$ 264,106

% utilizacin
capacidad
instalada
75%
80%
75%
80%
75%
85%
75%
80%
TOTAL DAS TRABAJADOS 22

TOTAL DIAS TRABAJDOS (ANUAL) 264

30
360
Sierra circular 75%
Garlopa 80%
Lijadora de banda 75%
Pistola Claveadora 80%
Compresora 75%
Taladro inalambrico 85%
Cepilladora 75%
Computadores 80%
 NOMINA
CARGO VALOR
ASESOR COMERCIAL $ 800,000
AUX EBANISTERIA $ 737,717
AUX PINTURA $ 737,717
AUX CONTA $ 850,000
CORD EBANISTERIA $ 1,500,000
CORD TAPICERIA $ 1,500,000
CORD PINTURA $ 1,500,000
GERENTE $ 3,500,000
TOTAL $ 11,125,434
 1.250% tasa de inters mensual
N = 60 60

periodos inicial inters amort

0
1 $20,000,000.00 $250,000.00 $225,798.60
2 $19,774,201.40 $247,177.52 $228,621.08
3 $19,545,580.31 $244,319.75 $231,478.85
4 $19,314,101.47 $241,426.27 $234,372.33
5 $19,079,729.13 $238,496.61 $237,301.99
6 $18,842,427.15 $235,530.34 $240,268.26
7 $18,602,158.88 $232,526.99 $243,271.62
8 $18,358,887.27 $229,486.09 $246,312.51
9 $18,112,574.76 $226,407.18 $249,391.42
10 $17,863,183.34 $223,289.79 $252,508.81
11 $17,610,674.53 $220,133.43 $255,665.17
12 $17,355,009.36 $216,937.62 $258,860.98
13 $17,096,148.37 $213,701.85 $262,096.75
14 $16,834,051.63 $210,425.65 $265,372.96
15 $16,568,678.67 $207,108.48 $268,690.12
16 $16,299,988.55 $203,749.86 $272,048.74
17 $16,027,939.81 $200,349.25 $275,449.35
18 $15,752,490.45 $196,906.13 $278,892.47
19 $15,473,597.98 $193,419.97 $282,378.63
20 $15,191,219.36 $189,890.24 $285,908.36
21 $14,905,311.00 $186,316.39 $289,482.21
22 $14,615,828.78 $182,697.86 $293,100.74
23 $14,322,728.04 $179,034.10 $296,764.50
24 $14,025,963.54 $175,324.54 $300,474.06
25 $13,725,489.48 $171,568.62 $304,229.98
26 $13,421,259.50 $167,765.74 $308,032.86
27 $13,113,226.64 $163,915.33 $311,883.27
28 $12,801,343.37 $160,016.79 $315,781.81
29 $12,485,561.56 $156,069.52 $319,729.08
30 $12,165,832.48 $152,072.91 $323,725.70
31 $11,842,106.78 $148,026.33 $327,772.27
32 $11,514,334.52 $143,929.18 $331,869.42
33 $11,182,465.10 $139,780.81 $336,017.79
34 $10,846,447.31 $135,580.59 $340,218.01
35 $10,506,229.30 $131,327.87 $344,470.74
36 $10,161,758.56 $127,021.98 $348,776.62
37 $9,812,981.94 $122,662.27 $353,136.33
38 $9,459,845.61 $118,248.07 $357,550.53
39 $9,102,295.08 $113,778.69 $362,019.91
40 $8,740,275.17 $109,253.44 $366,545.16
41 $8,373,730.01 $104,671.63 $371,126.98
42 $8,002,603.03 $100,032.54 $375,766.06
43 $7,626,836.97 $95,335.46 $380,463.14
44 $7,246,373.83 $90,579.67 $385,218.93
45 $6,861,154.90 $85,764.44 $390,034.17
46 $6,471,120.73 $80,889.01 $394,909.59
47 $6,076,211.14 $75,952.64 $399,845.96
48 $5,676,365.18 $70,954.56 $404,844.04
49 $5,271,521.14 $65,894.01 $409,904.59
50 $4,861,616.55 $60,770.21 $415,028.39
51 $4,446,588.16 $55,582.35 $420,216.25
52 $4,026,371.91 $50,329.65 $425,468.95
53 $3,600,902.96 $45,011.29 $430,787.31
54 $3,170,115.64 $39,626.45 $436,172.16
55 $2,733,943.49 $34,174.29 $441,624.31
56 $2,292,319.18 $28,653.99 $447,144.61
57 $1,845,174.57 $23,064.68 $452,733.92
58 $1,392,440.65 $17,405.51 $458,393.09
59 $934,047.55 $11,675.59 $464,123.01
60 $469,924.54 $5,874.06 $469,924.54
$8,547,916.10
 monto $20,000,000

cuota final
$20,000,000.00
$475,798.60 $19,774,201.40
$475,798.60 $19,545,580.31
$475,798.60 $19,314,101.47
$475,798.60 $19,079,729.13
$475,798.60 $18,842,427.15
$475,798.60 $18,602,158.88
$475,798.60 $18,358,887.27
$475,798.60 $18,112,574.76
$475,798.60 $17,863,183.34
$475,798.60 $17,610,674.53
$475,798.60 $17,355,009.36
$475,798.60 $17,096,148.37
$475,798.60 $16,834,051.63
$475,798.60 $16,568,678.67
$475,798.60 $16,299,988.55
$475,798.60 $16,027,939.81
$475,798.60 $15,752,490.45
$475,798.60 $15,473,597.98
$475,798.60 $15,191,219.36
$475,798.60 $14,905,311.00
$475,798.60 $14,615,828.78
$475,798.60 $14,322,728.04
$475,798.60 $14,025,963.54
$475,798.60 $13,725,489.48
$475,798.60 $13,421,259.50
$475,798.60 $13,113,226.64
$475,798.60 $12,801,343.37
$475,798.60 $12,485,561.56
$475,798.60 $12,165,832.48
$475,798.60 $11,842,106.78
$475,798.60 $11,514,334.52
$475,798.60 $11,182,465.10
$475,798.60 $10,846,447.31
$475,798.60 $10,506,229.30
$475,798.60 $10,161,758.56
$475,798.60 $9,812,981.94
$475,798.60 $9,459,845.61
$475,798.60 $9,102,295.08
$475,798.60 $8,740,275.17
$475,798.60 $8,373,730.01
$475,798.60 $8,002,603.03
$475,798.60 $7,626,836.97
$475,798.60 $7,246,373.83
$475,798.60 $6,861,154.90
$475,798.60 $6,471,120.73
$475,798.60 $6,076,211.14
$475,798.60 $5,676,365.18
$475,798.60 $5,271,521.14
$475,798.60 $4,861,616.55
$475,798.60 $4,446,588.16
$475,798.60 $4,026,371.91
$475,798.60 $3,600,902.96
$475,798.60 $3,170,115.64
$475,798.60 $2,733,943.49
$475,798.60 $2,292,319.18
$475,798.60 $1,845,174.57
$475,798.60 $1,392,440.65
$475,798.60 $934,047.55
$475,798.60 $469,924.54
$475,798.60 ($0.00)
 PROYECCION DE VENTAS

Precio promedio
Periodo cantidad Ingreso Anual
unitario
1er ao $ 396,159 6,072 $ 2,405,478,419
2do ao $ 408,044 6,679 $ 2,725,407,049
3er ao $ 420,285 7,347 $ 3,087,886,186
4to ao $ 432,894 8,082 $ 3,498,575,049
5to ao $ 445,881 8,890 $ 3,963,885,531

COSTOS DE PRODUCCION

Costo de produccion

Periodo Gastos indirectos

Materiales e Insumos Mano de obra
de fabricacion

1er ao $ 84,000,000 $ 71,705,208 $ 18,000,000

2do ao $ 92,400,000 $ 78,875,729 $ 19,800,000
3er ao $ 101,640,000 $ 86,763,302 $ 21,780,000
4to ao $ 111,804,000 $ 95,439,632 $ 23,958,000
5to ao $ 122,984,400 $ 104,983,595 $ 26,353,800
 Costo de
produccion

$ 173,705,208
$ 191,075,729
$ 210,183,302
$ 231,201,632
$ 254,321,795
RECURSOS PROPIOS
RECURSOS DE TERCEROS

APLICACIN DE MODELO CAPM

COSTOS PROMEDIO PONDERADO DE RECURSOS DE TER

DELO CAPM

E RECURSOS DE TERCEROS
Analice aqu los resultados de los indicadores financieros.