GASTOS DE FORMACION

S/.
Licencia de Funcinamiento

S/. 500.00

Registro Sanitario

S/. 100.00

Certificado de Defensa Civil

S/. 70.00

Arreglos del Local

S/. 1,500.00

Otros

S/. 1,000.00
TOTAL

S/. 3,170.00

INVERSION FIJA TANGIBLE

ARTICULOS

CANTIDAD

CAMAS CUNAS DE MADERA

15

SILLAS DE PLASTICO

25

MESA DE PLASTICO NIO

CORRALITOS

JUEGOS DIDACTICOS

16

PIZARRAS

UTENSILIOS DE BAO (TINAS)

RESBALADERA

COLUMPIO

CASITA

JUGUETES VARIOS

15

ESCRITORIO

SILLA DE OFICINA

COMPUTADORA

ARCHIVADOR

TELEVISOR

DVD

CAMARAS DE SEGURIDAD CON ANTENA

RADIOGRABADORA

SABANAS

20

TOALLAS

10

ALMOHADAS

20

OLLAS

VAJILLAS

10

SET UTENSILIOS

DISPENSADOR DE AGUA TRES TEMPERATURAS

COCINA INDUSTRIAL

REFRIGERADOR

ESTERILIZADOR DE BIBERON

LICUADORA

COLCHONETAS

20

LETRERO

ARMARIOS

PELOTAS

15

BOTIQUIN DE PRIMEROS AUXILIOS

1
TOTAL

INVERSION TOTAL
DEPRECIACIN DE EQUIPOS
DEPRECIACIN DE MATERIALES
DEPRECIACIN TOTAL

S/. 14,996.00
S/. 1,012.00
S/. 966.57
S/. 1,978.57

ANGIBLE
PRECIO UNITARIO

TOTAL

S/. 150.00

S/. 2,250.00

S/. 6.00

S/. 150.00

S/. 20.00

S/. 120.00

S/. 60.00

S/. 300.00

S/. 6.00

S/. 96.00

S/. 20.00

S/. 40.00

S/. 9.00

S/. 45.00

S/. 60.00

S/. 60.00

S/. 85.00

S/. 85.00

S/. 120.00

S/. 120.00

S/. 10.00

S/. 150.00

S/. 120.00

S/. 120.00

S/. 35.00

S/. 35.00

S/. 1,000.00

S/. 1,000.00

S/. 20.00

S/. 20.00

S/. 750.00

S/. 750.00

S/. 80.00

S/. 80.00

S/. 225.00

S/. 900.00

S/. 100.00

S/. 100.00

S/. 15.00

S/. 300.00

S/. 12.00

S/. 120.00

S/. 12.00

S/. 240.00

S/. 35.00

S/. 175.00

S/. 40.00

S/. 400.00

S/. 30.00

S/. 30.00

S/. 550.00

S/. 550.00

S/. 800.00

S/. 800.00

S/. 800.00

S/. 800.00

S/. 30.00

S/. 30.00

S/. 50.00

S/. 50.00

S/. 26.00

S/. 520.00

S/. 150.00

S/. 150.00

S/. 320.00

S/. 960.00

S/. 16.00

S/. 240.00

S/. 40.00

S/. 40.00
S/. 11,826.00

Materia Prima
Paales
Leche para 0 a 1 ao
Leche para 1a 3 aos
Articulos de limpieza para nios
Papillas y Alimentos
MOD
Tecnicas en Enfermeria.
Tecnologa Mdica.
Auxiliares (Abuelitas)
GIF
Pago de servicios
Utiles de limpieza

Magnitud

Unidades

Bolsas x 62
Unidades x 800 gr
Packs x 12
Varios
Porciones

17
30
38
30
5
2
4

TOTAL COSTOS DE OPERACIN

Gasto de ventas
Publicidad Tv
Publicidad impresa
Publicidad Radial
Web sites - blogs
Souvernirs y merchandasing
Material de oficina

Spots
Millares
Spot

60
15
210

TOTAL GASTOS DE VENTAS

Recepcionista
Contador
Seguridad
Limpieza

Gastos Administrativos
1
1
2

TOTAL GASTOS ADMINISTRATIVOS

Costo por
unidad
S/. 43.00
S/. 65.00
S/. 28.20

Costo Total

Fijos

S/. 2.00

S/. 721.29
S/. 1,950.00
S/. 1,057.50
S/. 350.00
S/. 1,560.00

S/. 675.00
S/.15 x sesin
S/. 675.00

S/. 3,375.00
S/. 600.00
S/. 2,700.00

S/. 3,375.00
S/. 600.00
S/. 2,700.00

S/. 450.00
S/. 250.00

S/. 450.00
S/. 250.00
S/. 7,375.00

RACIN

S/. 94.00
S/. 80.00
S/. 6.00

S/. 5,640.00
S/. 1,200.00
S/. 1,260.00
S/. 400.00
S/. 5,000.00
S/. 500.00

ENTAS

S/. 721.29
S/. 1,950.00
S/. 1,057.50
S/. 350.00
S/. 1,560.00

TRATIVOS

S/. 675.00
S/. 450.00

S/. 675.00
S/. 250.00
S/. 675.00
S/. 900.00

Anual
S/. 5,638.79

S/. 156,165.48

S/. 5,640.00
S/. 1,200.00
S/. 1,260.00
S/. 400.00
S/. 5,000.00
S/. 500.00
S/. 5,900.00

inistrativos
S/. 675.00

Variables

S/. 675.00
S/. 250.00
S/. 675.00
S/. 900.00

S/. 30,000.00

S/. 8,100.00

Anual
S/. 14,000.00

Capital de Trabajo
S/. 200,165.48

TASA DE CRECIMIENTO ANUAL

N de Nios
Matricula
Mensualidad
TOTAL INGRESOS

0.3

AO 1
AO 2
AO 3
80
104
135
S/. 50.00
S/. 60.00
S/. 60.00
S/. 300.00
S/. 300.00
S/. 310.00
S/. 292,000.00 S/. 380,640.00 S/. 511,056.00

Total de la inversin
Aporte propio
Total a financiar

Periodo
0
1
2
3
4
5

AO 4
176
S/. 60.00
S/. 310.00
S/. 664,372.80

S/. 14,996.00
S/. 5,998.40
S/. 8,997.60

Inters
S/. 3,599.04
S/. 2,879.23
S/. 2,159.42
S/. 1,439.62
S/. 719.81

Amortizacin
S/. 1,799.52
S/. 1,799.52
S/. 1,799.52
S/. 1,799.52
S/. 1,799.52

AO 5
228
S/. 60.00
S/. 310.00
S/. 863,684.64

TEA
n

0.4
5

Cuota
S/. 5,398.56
S/. 4,678.75
S/. 3,958.94
S/. 3,239.14
S/. 2,519.33

Saldo final
S/. 8,997.60
S/. 7,198.08
S/. 5,398.56
S/. 3,599.04
S/. 1,799.52
S/. 0.00

ESTADO DE GANANCIAS Y PRDIDAS

AO 1

AO 2

Ventas

S/. 292,000.00

S/. 380,640.00

(Costo de operacin)

S/. 156,165.48

S/. 171,782.03

UTILIDAD BRUTA

S/. 135,834.52

S/. 208,857.97

(Gastos administrativos)

S/. 30,000.00

S/. 30,000.00

(Gastos de venta)

S/. 14,000.00

S/. 14,000.00

UTILIDAD DE OPERACIN

S/. 91,834.52

S/. 164,857.97

(Gastos financieros)

S/. 3,599.04

S/. 2,879.23

UTILIDAD ANTES DE IMP.

S/. 88,235.48

S/. 161,978.74

(Impuestos 30%)

S/. 26,470.64

S/. 48,593.62

UTILIDAD NETA

S/. 61,764.83

S/. 113,385.12

FLUJO DE CAJA
AO 0

AO 1
-S/. 14,996.00

(saldo inicial)
Ingresos

S/. 292,000.00

(Costo de operacin)

S/. 156,165.48

(Depreciacin)

S/. 1,978.57

(Gastos de venta)

S/. 14,000.00

(Gastos financieros)

S/. 3,599.04

(Gastos administrativos)

S/. 30,000.00

Egresos

S/. 205,743.10

Utilidad antes de impuestos

S/. 71,260.90

(Impuestos 30%)

S/. 21,378.27

Utilidad despus de impuestos

S/. 49,882.63

(Inversin inicial)

-S/. 14,996.00
S/. 1,978.57

depreciacin

S/. 1,799.52

monto de amortizacin del prstamo

SALDO FINAL DE CAJA

-S/. 14,996.00

S/. 53,660.72

VAN
TIR

FLUJO DE ECONOMICO/ FINANCIER

AO 0
TOTAL INVERSION

AO 1

-S/. 14,996.00

Utilidad Neta

S/. 61,764.83

Deprecin

S/. 1,978.57

FLUJO ECONOMICO
Prstamo

-S/. 14,996.00

S/. 63,743.40

S/. 8,997.60

Escudo Fiscal

S/. 1,079.71

Servicio de deuda

S/. 5,398.56

FLUJO FINANCIERO

-S/. 5,998.40

S/. 57,265.13

VANE
TIRE
VANF
TIRF

S/. 311,067.98
500%
S/. 308,464.79
1043%

GANANCIAS Y PRDIDAS
AO 3

AO 4

AO 5

S/. 511,056.00

S/. 664,372.80

S/. 863,684.64

S/. 188,960.24

S/. 207,856.26

S/. 228,641.88

S/. 322,095.76

S/. 456,516.54

S/. 635,042.76

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 278,095.76

S/. 412,516.54

S/. 591,042.76

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 275,936.34

S/. 411,076.92

S/. 590,322.95

S/. 82,780.90

S/. 123,323.08

S/. 177,096.88

S/. 193,155.44

S/. 287,753.85

S/. 413,226.06

S/. 190,681.18

S/. 213,857.06

FLUJO DE CAJA
AO 2

AO 3

AO 4

AO 5

S/. 53,660.72

S/. 153,340.71

S/. 302,887.03

S/. 502,167.86

S/. 380,640.00

S/. 511,056.00

S/. 664,372.80

S/. 863,684.64

S/. 171,782.03

S/. 188,960.24

S/. 207,856.26

S/. 228,641.88

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 2,879.23

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 220,639.84

S/. 237,098.23

S/. 255,274.45

S/. 275,340.26

S/. 213,660.89

S/. 427,298.48

S/. 711,985.38

S/. 1,090,512.24

S/. 64,098.27

S/. 128,189.54

S/. 213,595.61

S/. 327,153.67

S/. 149,562.62

S/. 299,108.94

S/. 498,389.77

S/. 763,358.56

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 153,340.71

S/. 302,887.03

S/. 502,167.86

S/. 767,136.66

S/. 490,242.06
502%

DE ECONOMICO/ FINANCIERO
AO 2

AO 3

AO 4

AO 5

S/. 113,385.12

S/. 193,155.44

S/. 287,753.85

S/. 413,226.06

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 115,363.69

S/. 195,134.01

S/. 289,732.42

S/. 415,204.63

S/. 863.77

S/. 647.83

S/. 431.88

S/. 215.94

S/. 4,678.75

S/. 3,958.94

S/. 3,239.14

S/. 2,519.33

S/. 109,821.16

S/. 190,527.24

S/. 286,061.40

S/. 412,469.36

VAN FINANCIERO / INVESRIN

S/. 20.57
VAN ECONMICO / INVESRIN
S/. 20.74

S/. 215,835.63

S/. 1,779,192.98
S/. 355,838.60

S/. 1,079,178.15
S/. 215,835.63

S/. 1,056,144.30
S/. 211,228.86

RELACIN COSTO BENEFICIO

Valor Actual de los Ingresos = S/. 1,147,692
=
Valor actual de los egresos
S/. 575,271

2.00

Aos

Inversion
0
1
2
3
4
5

PRC =
14996

BN

-14996
S/.
S/.
S/.
S/.
S/.

14996
57265

23,175.88
23,175.88
23,175.88
23,175.88
23,175.88

BN Actualizado BN Acumulado
-14996
-14996
57265.13272
42269.13272
109821.1648
152090.2976
190527.2386
342617.5362
286061.3981
628678.9343
412469.364
1041148.298

0.262

El capital se recupera en 3 meses y 18 das.

* 365 das

Inversion
Beneficio Anual
Costo Anual
Horizonte (aos)
Tasa Descuento (%)

95.58

14996
S/. 213,857.06
S/. 190,681.18
5
30

das

EN EL PRIMER AO SE TIENE 40 NIOS EN EL SERVICIO BRINDADO Y SE ESPERA QUE ESTO AUMENTE

PRESENTA DIFICULTADES Y SOLO SE VE UN AUMENTO DEL 5%

N de Nios
Matricula
Mensualidad
TOTAL INGRESOS

AO 1
80
S/. 50.00
S/. 300.00
S/. 292,000.00

AO 2
84
S/. 60.00
S/. 300.00
S/. 307,440.00

AO 1

AO 2

Ventas

S/. 292,000.00

S/. 307,440.00

(Costo de operacin)

S/. 156,165.48

S/. 156,165.48

UTILIDAD BRUTA

S/. 135,834.52

S/. 151,274.52

(Gastos administrativos)

S/. 30,000.00

S/. 30,000.00

(Gastos de venta)

S/. 14,000.00

S/. 14,000.00

UTILIDAD DE OPERACIN

S/. 91,834.52

S/. 107,274.52

(Gastos financieros)

S/. 3,599.04

S/. 2,879.23

UTILIDAD ANTES DE IMP.

S/. 88,235.48

S/. 104,395.28

(Impuestos 30%)

S/. 26,470.64

S/. 31,318.59

UTILIDAD NETA

S/. 61,764.83

S/. 73,076.70

FLUJO DE CAJA
AO 0

AO 1
-S/. 14,996.00

(saldo inicial)
Ingresos

S/. 292,000.00

(Costo de operacin)

S/. 156,165.48

(Depreciacin)

S/. 1,978.57

(Gastos de venta)

S/. 14,000.00

(Gastos financieros)

S/. 3,599.04

(Gastos administrativos)

S/. 30,000.00

Utilidad antes de impuestos

S/. 71,260.90

(Impuestos 30%)

S/. 21,378.27
S/. 49,882.63

Utilidad despus de impuestos

(Inversin inicial)

-S/. 14,996.00

depreciacin

S/. 1,978.57

monto de amortizacin del prstamo

S/. 1,799.52

SALDO FINAL DE CAJA

-S/. 14,996.00

S/. 53,660.72

VAN
TIR

O BRINDADO Y SE ESPERA QUE ESTO AUMENTE EN UN 30%, PERO EL MERCADO

LTADES Y SOLO SE VE UN AUMENTO DEL 5%

AO 3
88
S/. 60.00
S/. 310.00
S/. 333,396.00

AO 4
93
S/. 60.00
S/. 310.00
S/. 350,065.80

AO 5
97
S/. 60.00
S/. 310.00
S/. 367,569.09

AO 3

AO 4

AO 5

S/. 333,396.00

S/. 350,065.80

S/. 367,569.09

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 177,230.52

S/. 193,900.32

S/. 211,403.61

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 133,230.52

S/. 149,900.32

S/. 167,403.61

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 131,071.09

S/. 148,460.70

S/. 166,683.80

S/. 39,321.33

S/. 44,538.21

S/. 50,005.14

S/. 91,749.76

S/. 103,922.49

S/. 116,678.66

AO 2

AO 3

AO 4

AO 5

S/. 447,192.45

FLUJO DE CAJA
S/. 53,660.72

S/. 113,032.30

S/. 173,265.46

S/. 227,601.41

S/. 307,440.00

S/. 333,396.00

S/. 350,065.80

S/. 367,569.09

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 2,879.23

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 156,077.44

S/. 242,124.82

S/. 319,747.59

S/. 392,306.63

S/. 46,823.23

S/. 72,637.45

S/. 95,924.28

S/. 117,691.99

S/. 109,254.21

S/. 169,487.37

S/. 223,823.32

S/. 274,614.64

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 113,032.30

S/. 173,265.46

S/. 227,601.41

S/. 278,392.73

S/. 251,306.08
446%

Pex

PE$

7375
(300-70.48)

S/.

32

Resolviendo para x
PEx =

9,639.68
PE$ = PEx P =

Beneficio = IT

PE x = Punto de equilibrio en unidades

PE $= Punto de equilibrio en dlares

Punto de equilibrio e

P = precio por unidad (despus de todos los descuentos)

X = nmero de unidades producidas
IT = Ingresos Totales = P . x
F = Costos Fijos
V = Costos variables por unidad
CT = Costos totales = F + V . x

Punto de equilibrio e

Resolviendo para x tenemos:

PEx =

F
P - V

PE$ = PEx P =

. P =

F
P - V

(P V) / P

1 - V/P

Beneficio = IT - CT
= Px - (F + Vx) = Px F Vx

= (P- V)x - F
Punto de equilibrio en unidades =

Costos fijos totales

Precio - Costos variables

Punto de equilibrio en dlares =

Costos fijos total

Costos variables
precio de venta

V/P

EN EL PRIMER AO SE TIENE 40 NIOS EN EL SERVICIO BRINDADO Y SE ESPERA QUE ESTO AUMENT

DIFICULTADES Y SOLO SE VE UN AUMENTO DEL 15%

N de Nios
Matricula
Mensualidad
TOTAL INGRESOS

AO 1
80
S/. 50.00
S/. 300.00
S/. 292,000.00

AO 2
92
S/. 60.00
S/. 300.00
S/. 336,720.00

AO 1

AO 2

Ventas

S/. 292,000.00

S/. 336,720.00

(Costo de operacin)

S/. 156,165.48

S/. 156,165.48

UTILIDAD BRUTA

S/. 135,834.52

S/. 180,554.52

(Gastos administrativos)

S/. 30,000.00

S/. 30,000.00

(Gastos de venta)

S/. 14,000.00

S/. 14,000.00

UTILIDAD DE OPERACIN

S/. 91,834.52

S/. 136,554.52

(Gastos financieros)

S/. 3,599.04

S/. 2,879.23

UTILIDAD ANTES DE IMP.

S/. 88,235.48

S/. 133,675.28

(Impuestos 30%)

S/. 26,470.64

S/. 40,102.59

UTILIDAD NETA

S/. 61,764.83

S/. 93,572.70

FLUJO DE CAJA
AO 0

AO 1
-S/. 14,996.00

(saldo inicial)
Ingresos

S/. 292,000.00

(Costo de operacin)

S/. 156,165.48

(Depreciacin)

S/. 1,978.57

(Gastos de venta)

S/. 14,000.00

(Gastos financieros)

S/. 3,599.04

(Gastos administrativos)

S/. 30,000.00

Utilidad antes de impuestos

S/. 71,260.90

(Impuestos 30%)

S/. 21,378.27

Utilidad despus de impuestos

S/. 49,882.63

(Inversin inicial)

-S/. 14,996.00

depreciacin

S/. 1,978.57

monto de amortizacin del prstamo

S/. 1,799.52

SALDO FINAL DE CAJA

-S/. 14,996.00

S/. 53,660.72

VAN
TIR

VAN PONDERADO

E ESPERA QUE ESTO AUMENTE EN UN 30%, PERO EL MERCADO PRESENTA

SE VE UN AUMENTO DEL 15%

AO 3
106
S/. 60.00
S/. 310.00
S/. 399,924.00

AO 4
122
S/. 60.00
S/. 310.00
S/. 459,912.60

AO 5
140
S/. 60.00
S/. 310.00
S/. 528,899.49

AO 3

AO 4

AO 5

S/. 399,924.00

S/. 459,912.60

S/. 528,899.49

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 243,758.52

S/. 303,747.12

S/. 372,734.01

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 199,758.52

S/. 259,747.12

S/. 328,734.01

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 197,599.09

S/. 258,307.50

S/. 328,014.20

S/. 59,279.73

S/. 77,492.25

S/. 98,404.26

S/. 138,319.36

S/. 180,815.25

S/. 229,609.94

AO 2

AO 3

AO 4

AO 5

S/. 53,660.72

S/. 133,528.30

S/. 234,182.26

S/. 347,135.93

S/. 336,720.00

S/. 399,924.00

S/. 459,912.60

S/. 528,899.49

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 156,165.48

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 14,000.00

S/. 2,879.23

S/. 2,159.42

S/. 1,439.62

S/. 719.81

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 30,000.00

S/. 185,357.44

S/. 329,148.82

S/. 490,511.19

S/. 673,171.55

S/. 704,082.09

DE CAJA

S/. 55,607.23

S/. 98,744.65

S/. 147,153.36

S/. 201,951.47

S/. 129,750.21

S/. 230,404.17

S/. 343,357.84

S/. 471,220.09

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,978.57

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 1,799.52

S/. 133,528.30

S/. 234,182.26

S/. 347,135.93

S/. 474,998.18

S/. 354,889.92
475%

S/. 396,670.03