INVERSIONES

CONCEPTO CANTIDAD UND VIDA ÚTIL (Años) VALOR UNITARIO ($) VALOR TOTAL ($)

600 $18,000,000 $10,800,000,000

600 $200,000 $120,000,000
600 $250,000 $150,000,000
20 $120,000 $2,400,000
600 $65,361 $39,216,675
SUB TOTAL FASE DE EXPLORACION $18,635,361 $11,111,616,675
CONSTRUCCIONES
295.00 m2 $1,800,000 $531,000,000
2.00 $10,000,000 $20,000,000
1200.00 $2,000,000 $2,400,000,000
1.00 $15,000,000 $15,000,000
1.00 $25,000,000 $25,000,000
1.00 $20,000,000 $20,000,000
1.00 $120,000,000 $120,000,000
$3,000 $0
$330,090 $0
$2,229 $0
$0
$0
SUBTOTAL CONSTRUCCIONES E INFRAESTRUCTURA $3,131,000,000
MAQUINARIA Y EQUIPO
2.00 $350,000,000 $700,000,000
2.00 $250,000,000 $500,000,000
4.00 $32,000,000 $128,000,000
6.00 $120,000,000 $720,000,000
2.00 $20,000,000 $40,000,000
2.00 $120,000,000 $240,000,000
4.00 $30 $120
$39 $0
$0
$0
$0
SUBTOTAL MAQUINARIA Y EQUIPO $2,328,000,120
TOTAL $16,570,616,795
 COSTOS POR CONCEPTO DE HERRAMIENTAS Y DOTACION
Valor Año 1 Año 2 Año 3 Año 4 Año 5 Año 6 Año 7
| Und. Cantidad
Unidad ($) Total $ Total $ Total $ Total $ Total $ Total $ Total $
HERRAMIENTAS E INSUMOS
Und. $2,000,000 20 $40,000,000 $41,600,000 $43,264,000 $44,994,560 $46,794,342 $48,666,116 $50,612,761
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
SUBTOTAL $40,000,000 $41,600,000 $43,264,000 $44,994,560 $46,794,342 $48,666,116 $50,612,761
EXPLOSIVOS TON 10 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0

SUBTOTAL $0 $0 $0 $0 $0 $0 $0
DOTACIÓN DE PERSONAL UN 90 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
SUBTOTAL $0 $0 $0 $0 $0 $0 $0
COMBUSTIBLES Y LUBRICANTES GAL 12000 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
SUBTOTAL $0 $0 $0 $0 $0 $0 $0
ENERGÍA ELÉCTRICA KW 22000 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0
SUBTOTAL $0 $0 $0 $0 $0 $0 $0
TOTAL $40,000,000 $41,600,000 $43,264,000 $44,994,560 $46,794,342 $48,666,116 $50,612,761
Imprevistos (5%) $2,000,000 $2,080,000 $2,163,200 $2,249,728 $2,339,717 $2,433,306 $2,530,638
Mantenimiento y Reparaciones Locativas
SUBTOTAL $2,000,000 $2,080,000 $2,163,200 $2,249,728 $2,339,717 $2,433,306 $2,530,638
TOTAL COSTOS $42,000,000 $43,680,000 $45,427,200 $47,244,288 $49,134,060 $51,099,422 $53,143,399
 COSTOS DE MANO DE OBRA

Salario Tiempo
ACTIVIDAD Personal AÑO 1 AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6
Básico/mes Meses/año
OPERATIVO DIRECTO
SERVICIOS 12 2 $0 $0 $0 $0 $0 $0
OPERADORES 12 12 $0 $0 $0 $0 $0 $0
EXPLOSIVISTAS 12 4 $0 $0 $0 $0 $0 $0
OTROS 12 15 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0
Subtotal 33 $0 $0 $0 $0 $0 $0
Prestaciones Sociales $0 $0 $0 $0 $0 $0
Subtotal OPERATIVO DIRECTO $0 $0 $0 $0 $0 $0
OPERATIVO INDIRECTO
Gerente 12 2 $0 $0 $0 $0 $0 $0
Contador 12 1 $0 $0 $0 $0 $0 $0
Ing. de Minas 12 2 $0 $0 $0 $0 $0 $0
Secretaria 12 4 $0 $0 $0 $0 $0 $0
Subtotal 9 $0 $0 $0 $0 $0 $0
Prestaciones Sociales $0 $0 $0 $0 $0 $0
Subtotal OPERATIVO INDIRECTO $0 $0 $0 $0 $0 $0
TOTAL 42 $0 $0 $0 $0 $0 $0
AÑO 7 AÑO 8 AÑO 9 AÑO 10 AÑO 11 AÑO 12 AÑO 13 AÑO 14 AÑO 15 AÑO 16

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
 Salario Tiempo Tiempo
AÑO 17 ACTIVIDAD Personal AÑO 1 Personal
Básico/mes Anual Anual
OPERATIVO DIRECTO
$0 Perforador/Picador en niveles $1,000,000 12 6 $72,000,000 12 6
$0 Envasadores $800,000 12 2 $19,200,000 12 2
$0 Operarios oficios varios $650,000 12 6 $46,800,000 12 6
$0 Reforzadores $750,000 12 3 $27,000,000 12 3
$0 Malacatero $750,000 12 2 $18,000,000 12 2
$0 Administrador $1,500,000 12 1 $18,000,000 12 1
$0 Subtotal $201,000,000 20
$0 Prestaciones Sociales $124,429,050
$0 Subtotal OPERATIVO DIRECTO $325,429,050
OPERATIVO INDIRECTO
$0 Gerente $2,500,000 12 1 $30,000,000 12 1
$0 Contador $800,000 12 1 $9,600,000 12 1
$0 Ing. En minas $2,500,000 12 1 $30,000,000 12 1
$0 Cocinero $800,000 12 1 $9,600,000 12 1
$0 Subtotal 4 $79,200,000 4
$0 Prestaciones Sociales $49,028,760
$0 Subtotal OPERATIVO INDIRECTO $128,228,760
$0 TOTAL $453,657,810
 AÑO 2 AÑO 3 AÑO 4 AÑO 5 AÑO 6 AÑO 7 AÑO 8 AÑO 9 AÑO 10 AÑO 11 AÑO 12

$74,880,000 $77,875,200 $80,990,208 $84,229,816 $87,599,009 $91,102,969 $94,747,088 $98,536,972 $102,478,450 $106,577,589 $110,840,692
$19,968,000 $20,766,720 $21,597,389 $22,461,284 $23,359,736 $24,294,125 $25,265,890 $26,276,526 $27,327,587 $28,420,690 $29,557,518
$48,672,000 $50,618,880 $52,643,635 $54,749,381 $56,939,356 $59,216,930 $61,585,607 $64,049,032 $66,610,993 $69,275,433 $72,046,450
$28,080,000 $29,203,200 $30,371,328 $31,586,181 $32,849,628 $34,163,613 $35,530,158 $36,951,364 $38,429,419 $39,966,596 $41,565,260
$18,720,000 $19,468,800 $20,247,552 $21,057,454 $21,899,752 $22,775,742 $23,686,772 $24,634,243 $25,619,613 $26,644,397 $27,710,173
$18,720,000 $19,468,800 $20,247,552 $21,057,454 $21,899,752 $22,775,742 $23,686,772 $24,634,243 $25,619,613 $26,644,397 $27,710,173
$209,040,000 $217,401,600 $226,097,664 $235,141,571 $244,547,233 $254,329,123 $264,502,288 $275,082,379 $286,085,674 $297,529,101 $309,430,265
$129,406,212 $134,582,460 $139,965,759 $145,564,389 $151,386,965 $157,442,443 $163,740,141 $170,289,747 $177,101,337 $184,185,390 $191,552,806
$338,446,212 $351,984,060 $366,063,423 $380,705,960 $395,934,198 $411,771,566 $428,242,429 $445,372,126 $463,187,011 $481,714,491 $500,983,071

$31,200,000 $32,448,000 $33,745,920 $35,095,757 $36,499,587 $37,959,571 $39,477,953 $41,057,072 $42,699,354 $44,407,329 $46,183,622
$9,984,000 $10,383,360 $10,798,694 $11,230,642 $11,679,868 $12,147,063 $12,632,945 $13,138,263 $13,663,793 $14,210,345 $14,778,759
$31,200,000 $32,448,000 $33,745,920 $35,095,757 $36,499,587 $37,959,571 $39,477,953 $41,057,072 $42,699,354 $44,407,329 $46,183,622
$9,984,000 $10,383,360 $10,798,694 $11,230,642 $11,679,868 $12,147,063 $12,632,945 $13,138,263 $13,663,793 $14,210,345 $14,778,759
$82,368,000 $85,662,720 $89,089,229 $92,652,798 $96,358,910 $100,213,266 $104,221,797 $108,390,669 $112,726,296 $117,235,347 $121,924,761
$50,989,910 $53,029,507 $55,150,687 $57,356,715 $59,650,983 $62,037,022 $64,518,503 $67,099,244 $69,783,213 $72,574,542 $75,477,523
$133,357,910 $138,692,227 $144,239,916 $150,009,513 $156,009,893 $162,250,289 $168,740,300 $175,489,912 $182,509,509 $189,809,889 $197,402,285
$471,804,122 $490,676,287 $510,303,339 $530,715,472 $551,944,091 $574,021,855 $596,982,729 $620,862,038 $645,696,520 $671,524,381 $698,385,356
 AÑO 13 AÑO 14 AÑO 15 AÑO 16 AÑO 17 AÑO 18 AÑO 19 AÑO 20 AÑO 21 AÑO 22

$115,274,320 $119,885,293 $124,680,704 $129,667,932 $134,854,650 $140,248,836 $145,858,789 $151,693,141 $157,760,866 $164,071,301
$30,739,819 $31,969,411 $33,248,188 $34,578,115 $35,961,240 $37,399,690 $38,895,677 $40,451,504 $42,069,564 $43,752,347
$74,928,308 $77,925,440 $81,042,458 $84,284,156 $87,655,522 $91,161,743 $94,808,213 $98,600,541 $102,544,563 $106,646,346
$43,227,870 $44,956,985 $46,755,264 $48,625,475 $50,570,494 $52,593,313 $54,697,046 $56,884,928 $59,160,325 $61,526,738
$28,818,580 $29,971,323 $31,170,176 $32,416,983 $33,713,662 $35,062,209 $36,464,697 $37,923,285 $39,440,217 $41,017,825
$28,818,580 $29,971,323 $31,170,176 $32,416,983 $33,713,662 $35,062,209 $36,464,697 $37,923,285 $39,440,217 $41,017,825
$321,807,476 $334,679,775 $348,066,966 $361,989,645 $376,469,230 $391,528,000 $407,189,120 $423,476,684 $440,415,752 $458,032,382
$199,214,918 $207,183,515 $215,470,855 $224,089,689 $233,053,277 $242,375,408 $252,070,424 $262,153,241 $272,639,371 $283,544,946
$521,022,394 $541,863,290 $563,537,821 $586,079,334 $609,522,507 $633,903,408 $659,259,544 $685,629,926 $713,055,123 $741,577,328

$48,030,967 $49,952,205 $51,950,293 $54,028,305 $56,189,437 $58,437,015 $60,774,495 $63,205,475 $65,733,694 $68,363,042
$15,369,909 $15,984,706 $16,624,094 $17,289,058 $17,980,620 $18,699,845 $19,447,839 $20,225,752 $21,034,782 $21,876,173
$48,030,967 $49,952,205 $51,950,293 $54,028,305 $56,189,437 $58,437,015 $60,774,495 $63,205,475 $65,733,694 $68,363,042
$15,369,909 $15,984,706 $16,624,094 $17,289,058 $17,980,620 $18,699,845 $19,447,839 $20,225,752 $21,034,782 $21,876,173
$126,801,752 $131,873,822 $137,148,775 $142,634,726 $148,340,115 $154,273,719 $160,444,668 $166,862,455 $173,536,953 $180,478,431
$78,496,624 $81,636,489 $84,901,949 $88,298,027 $91,829,948 $95,503,146 $99,323,272 $103,296,203 $107,428,051 $111,725,173
$205,298,376 $213,510,311 $222,050,724 $230,932,753 $240,170,063 $249,776,865 $259,767,940 $270,158,657 $280,965,004 $292,203,604
$726,320,770 $755,373,601 $785,588,545 $817,012,087 $849,692,570 $883,680,273 $919,027,484 $955,788,583 $994,020,127 $1,033,780,932
 TABLA DE AMORTIZACION DE UNA ANUALIDAD SENCILLA

Préstamo $ -
Tasa 0.00%
Plazo 7
Tipo 0

Periodo Capital Intereses Cuota Saldo

0 $ 11,318,731,672.50
1 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
2 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
3 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
4 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
5 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
6 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50
7 $ 0.00 $ 0.00 $ 0.00 $ 11,318,731,672.50

NOTA Explique el cuadro anterior

ENCILLA
 FLUJO DE FONDOS PROYECTADO
MINA
MARZO DE 2020
$ 1.06

CONCEPTO/AÑO 0 1 2 3 4 5 6 7

SALDO INICIAL
Caja
Bancos
INGRESOS
POR VENTAS GRAVAS $ 15,360,000,000.00 $ 16,128,000,000.00 $ 16,934,400,000.00 $ 17,781,120,000.00 $ 18,670,176,000.00 $ 19,603,684,800.00 $ 20,583,869,040.00
VENTAS GRAVILLA $ 5,760,000,000.00 $ 6,048,000,000.00 $ 6,350,400,000.00 $ 6,667,920,000.00 $ 7,001,316,000.00 $ 7,351,381,800.00 $ 7,718,950,890.00
VENTAS ARENSA $ 384,000,000.00 $ 403,200,000.00 $ 423,360,000.00 $ 444,528,000.00 $ 466,754,400.00 $ 490,092,120.00 $ 514,596,726.00
PRESTAMOS DE LOS SOCIOS $ - $ - $ - $ - $ - 0 0
CREDITO $ - $ - $ - $ - $ - 0 0
TOTAL INGRESOS $ 21,504,000,000.00 $ 22,579,200,000.00 $ 23,708,160,000.00 $ 24,893,568,000.00 $ 26,138,246,400.00 $ 27,445,158,720.00 $ 28,817,416,656.00

EGRESOS
Herramientas $ 40,000,000.00 $ - $ - $ - $ 44,000,000.00 $ - $ -
Obras ambientales $ - $ - $ - $ - $ - $ - $ 23,000,000.00
Compra Maquinaria y Equipo $ 2,328,000,120.00 $ - $ - $ - $ - 0 0
Compra Muebles y Enseres $ 12,000,000.00 $ - $ - $ - $ - $ - $ -
Infraestructura $ 3,131,000,000.00 $ - $ -
Honorarios $ 12,000,000.00 $ - $ - $ - $ - $ - $ 15,000,000.00
Costos de Personal $ - $ - $ - $ - $ - $ - $ -
Subsidio de Transporte $ 320,000.00 $ 332,800.00 $ 346,112.00 $ 359,956.48 $ 374,354.74 $ 389,328.93 $ 404,902.09
Vacaciones $ - $ - $ - $ - $ - $ - $ -
Cesantias $ - $ - $ - $ - $ - $ - $ -
Prima de Servicios $ - $ - $ - $ - $ - $ - $ -
Intereses de Cesantias $ - $ - $ - $ - $ - $ - $ -
Parafiscales $ - $ - $ - $ - $ - $ - $ -
Pensión $ - $ - $ - $ - $ - $ - $ -
Salud $ - $ - $ - $ - $ - $ - $ -
Riesgos Profesionales $ - $ - $ - $ - $ - $ - $ -
Publicidad $ - $ - $ - $ - $ - $ - $ -
Energía Electrica $ - $ - $ - $ - $ - $ - $ -
Telefono $ 4,000,000.00 $ 4,160,000.00 $ 4,326,400.00 $ 4,499,456.00 $ 4,679,434.24 $ 4,866,611.61 $ 5,061,276.07
Agua $ 2,000,000.00 $ 2,080,000.00 $ 2,163,200.00 $ 2,249,728.00 $ 2,339,717.12 $ 2,433,305.80 $ 2,530,638.04
Implementos de Aseo $ 2,000,000.00 $ 2,080,000.00 $ 2,163,200.00 $ 2,249,728.00 $ 2,339,717.12 $ 2,433,305.80 $ 2,530,638.04
Primeros Auxilios $ 3,000,000.00 $ 3,120,000.00 $ 3,244,800.00 $ 3,374,592.00 $ 3,509,575.68 $ 3,649,958.71 $ 3,795,957.06
Dotación Personal $ - $ - $ - $ - $ - $ - $ -
Implementos de Oficina y Papelería $ 3,000,000.00 $ 3,120,000.00 $ 3,244,800.00 $ 3,374,592.00 $ 3,509,575.68 $ 3,649,958.71 $ 3,795,957.06
Amortizacion Credito $ 1,000,000.00 $ 97,357,715.90 $ 97,357,715.90 $ 97,357,715.90 $ 97,357,715.90 $ 97,357,715.90 $ 97,357,715.90
Agotamiento $ 592,000,000.00 $ 615,680,000.00 $ 640,307,200.00 $ 665,919,488.00 $ 692,556,267.52 $ 720,258,518.22 $ 749,068,858.95
Madera $ - $ - $ - $ - $ - $ - $ -
Gastos Financieros $ 5,000,000.00 $ 5,200,000.00 $ 5,408,000.00 $ 5,624,320.00 $ 5,849,292.80 $ 6,083,264.51 $ 6,326,595.09
Combustibles y lubricantes $ - $ - $ - $ - $ - $ - $ -
Compresor $ - $ - $ - $ - $ 60,000,000.00 $ - $ -
Mantenimiento $ 12,000,000.00 $ 12,480,000.00 $ 12,979,200.00 $ 13,498,368.00 $ 14,038,302.72 $ 14,599,834.83 $ 15,183,828.22
Inprevistos $ 12,000,000.00 $ 12,480,000.00 $ 12,979,200.00 $ 13,498,368.00 $ 14,038,302.72 $ 14,599,834.83 $ 15,183,828.22
Asesorias $ - $ - $ - $ - $ - $ - $ -
TOTAL EGRESOS $ 6,159,320,120.00 $ 758,090,515.90 $ 784,519,827.90 $ 812,006,312.38 $ 944,592,256.24 $ 870,321,637.85 $ 939,240,194.73
FLUJO NETO ANTES DE IMPUESTOS $ 15,344,679,880.00 $ 21,821,109,484.10 $ 22,923,640,172.10 $ 24,081,561,687.62 $ 25,193,654,143.76 $ 26,574,837,082.15 $ 27,878,176,461.27
Impuesto de Renta $ 5,217,191,159.20 $ 7,419,177,224.59 $ 7,794,037,658.51 $ 8,187,730,973.79 $ 8,565,842,408.88 $ 9,035,444,607.93 $ 9,478,579,996.83
Regalias $ 128,000,000.00 $ 133,120,000.00 $ 138,444,800.00 $ 143,982,592.00 $ 149,741,895.68 $ 155,731,571.51 $ 161,960,834.37
IVA $ - $ - $ - $ - $ - $ - $ -
DISPONIBLE $ 9,999,488,720.80 $ 14,268,812,259.51 $ 14,991,157,713.59 $ 15,749,848,121.83 $ 16,478,069,839.20 $ 17,383,660,902.71 $ 18,237,635,630.07
Depreciación $ 859,000,012.00 $ 135,828,862.00 $ 135,828,862.00 $ 135,828,862.00 $ 135,828,862.00 $ 135,828,862.00 $ 135,828,862.00
FLUJO DE CAJA NETO $ (16,570,616,795.00) $ 10,858,488,732.80 $ 14,404,641,121.51 $ 15,126,986,575.59 $ 15,885,676,983.83 $ 16,613,898,701.20 $ 17,519,489,764.71 $ 18,373,464,492.07
 PUNTO DE EQUILIBRIO

CONCEPTO/AÑO 0 1 2 3 4 5 6 7

COSTOS FIJOS $ 6,148,191,171.20 $ 7,684,603,802.49 $ 8,060,753,836.41 $ 8,455,788,335.69 $ 8,879,294,602.14 $ 9,306,347,425.80 $ 9,750,991,464.30

COSTOS VARIABLES $ 5,345,511,159.20 $ 7,552,630,024.59 $ 7,932,828,570.51 $ 8,332,073,522.27 $ 8,715,958,659.30 $ 9,191,565,508.37 $ 9,640,945,733.28
CANTIDAD A PRODUCIR 320000 320000 320000 320000 320000 320000 320000
COSTO UNITARIO DE PRODUCCION $ 16,704.72 $ 23,601.97 $ 24,790.09 $ 26,037.73 $ 27,237.37 $ 28,723.64 $ 30,127.96
PRECIO UNITARIO DE VENTA $ 120,000.00 $ 126,000.00 $ 132,300.00 $ 138,915.00 $ 145,860.75 $ 153,153.79 $ 160,811.48
CANTIDAD EN EL PUNTO DE EQUILIBRIO $ 59,520.54 $ 75,046.40 $ 74,976.84 $ 74,911.35 $ 74,852.82 $ 74,791.74 $ 74,615.31
FLUJO DE CAJA NETO -25000000 $ 20,000,000.00 $ 22,500,000.00 $ 22,500,000.00 $ 24,500,000.00

FLUJO DE CAJA NETO -3000 $ 1,200.00 $ 1,300.00 $ 900.00 $ 500.00

$ 30,000,000.00 $ 71,791,180.48 VPN

13.191% TIR