ANALISIS DE SENSIBILIDAD Y ESCENARIOS PARA LA EVALUACION FINANCIERA VARIABLES DE SALIDA VALOR PRESENTE NETO
$ 12,245,430
TASA INTERNA DE RETORNO
19.50% 2.00%
VARIABLES A SENSIBILIZAR
Variacion Pesimista
Caso Base
Variacion en Mercado %
6.86%
7.00%
Unidades a Vender A
$ 147,000
$ 150,000
$ 161,700
$ 165,000
Mano de Obra Directa
$ 73,382,400
$ 74,880,000
Costos Indirectos Fabriles
$ 47,040,000
$ 48,000,000
Gastos Operacionales
$ 131,320,000
$ 134,000,000
Tasa Interes Capital Trabajo
11.76%
12.00%
Tasa Interes Inversion Fija
13.72%
14.00%
Tasa Descuento Economica
11.76%
12.00%
Costo de Oportunidad
15.68%
16.00%
Precio de Venta A Unidades a Vender B Precio de Venta B
VALUACION FINANCIERA
5.00% Variacion Optimista 7.35% $ 157,500
$ 173,250
$ 78,624,000 $ 50,400,000 $ 140,700,000 12.60% 14.70% 12.60% 16.80%
GENERACION DE VARIABLES ALEATORIAS PARA LA SIMULACION VARIABLES DE ENTRADA
Variable Aleatoria
Distribucion
Variacion en Mercado %
Normal
Unidades a Vender A
Triangular
Unidades a Vender B
Triangular
Mano de Obra Directa
Uniforme
Costos Indirectos Fabriles
Uniforme
Gastos Operacionales
Triangular
Tasa Interes Capital Trabajo
Normal
Tasa Interes Inversion Fija
Normal
Costo de Oportunidad
16.00%
FLUJO DE CAJA NETO FINANCIERO PROYECTADO AÑO 0
AÑO 1
AÑO 2
AÑO 3
$21,284,190
($25,973,084)
($30,000,000) ($66,380,298)
VARIABLES DE SALIDA VALOR PRESENTE NETO
$ 12,245,430
TASA INTERNA DE RETORNO
19.50%
S PARA LA SIMULACION
Parametro
Parametro
Parametro
7.00% 150,000 150,000 $ 74,880,000 $ 48,000,000 $ 134,000,000
16%
ERO PROYECTADO AÑO 4
AÑO 5 $168,201,036
$45,362,809
BASES
AÑO 0
SUPUESTOS MACROECONOMICOS :
Proyeccion IPC Proyeccion IPP Proyeccion DTF Variacion en Mercado % SUPUESTOS MICROECONOMICOS:
Politica Inventarios: Inventario Final Materia Prima ( Dias )
Factor Periodico 30
12
Inventario Final Producto Terminado ( Dias ) Politica Cartera :
60
6
% Ventas a Credito
60%
Factor Periodico
Inventario Final Producto Porceso ( Dias )
Ventas a 15 dias % Credito
24
Ventas a 30 dias % Credito
30%
12
Ventas a 60 dias % Credito
70%
6
Ventas a 90 dias % Credito Descuentos Comerciales : % Compras a Credito
4 100%
% Pago a 15 Dias % Pago a 30 Dias
Factor Periodico 24
100%
12
% Pago a 60 Dias
6
% Pago a 90 Dias Politica Proveedores :
4
AÑO 1
% Compras a Credito
100%
% Compras A 30 Dias
100%
Factor Periodico
% Compras A 60 Dias INGRESOS: TOTAL UNIDADES A VENDER
Producto A Tallarines
TOTAL
% Participacion Mercado Unidades a Vender A
150,000
Precio de venta A
$ 1,100
SUBTOTAL VENTAS
$ 165,000,000
Producto B Fideos Guisero
TOTAL
% Participacion Mercado Unidades a Vender B
165,000
Precio de venta B
$ 1,300
SUBTOTAL VENTAS
$
214,500,000
OTROS INGRE
OTROS INGRESOS $
9,000,000
EGRESOS : COSTOS DE PRODUCCION :
COSTO UNI
MATERIA PRIMA :
Costo Materia Prima A ( Unidad )
$
320
Costo Materia Prima B ( Unidad )
$
400
MANO DE OBRA DIRECTA :
Hras Mano de Obra A ( Unidad )
COSTO M
Hras Mano de Obra B ( Unidad ) Valor Hora Mano de Obra Directa $ 74,880,000
TOTAL MANO DE OBRA DIRECTA : VARIACION ANUAL DE LA MOD COSTOS INDIRECTOS FABRILES:
Costo Mano de Obra Indirecta
COSTOS $
19,200,000
Costo Arrendamiento de planta
$
16,800,000
Costo Mantenimiento y Reparaciones
$
800,000
Costo Seguros Planta
$
2,600,000
Costo Servicios Publicos en Planta
$
7,200,000
$
48,000,000
Costo Materiales Indirectos
Otros Costos Indirectos Fabriles TOTAL COSTOS INDIRETOS FABRILES VARIACION ANUAL DE LOS CIF GASTOS OPERACIONALES :
Gastos de Administracion : Gasto Nomina Administrativa
$
69,000,000
Gasto Honorarios
$
8,400,000
Gasto Arrendamiento
$
7,200,000
Gasto Papeleria e Insumos
$
4,200,000
$
3,000,000
GASTO
Gasto Seguros Gasto Servicios Publicos Administracion Gasto Telefonia Celular Otros Gastos Administrativos Gastos de Venta : Gasto Nomina Comercial
GA $
16,800,000
$
15,180,000
Gasto Publicidad y Mercadeo
$
10,300,000
Gasto Transporte
$
550,000
$
134,000,000
Gasto Comision Ventas % (Ventas )
2.00%
Gasto Papeleria e Insumos Gasto Seguros Gasto Operación y Mantenimiento Vehicular Otros Gastos de Venta TOTAL GASTOS OPERACIONALES : VARIACION DE LOS GASTOS OPERATIVOS INVERSION FIJA :
INVERSI
Vida Util
Inversion en Terreno Inversion Planta
$
-
Inversion Maquinaria y Equipo
10
$
110,000,000
Inversion Muebles y Enseres
15
$
12,000,000
Inversion Equipo de Oficina
5
$
10,000,000
5
$
30,000,000
$
162,000,000
Inversion en Herramientas Inversion Vehiculo TOTAL INVERSION FIJA DEPRECIACION ACTIVO FIJO
PLAN DE DEPR
Planta y/o Edificaciones
$
-
Maquinaria y Equipo de Produccion
$
11,000,000
Muebles y Enseres
$
800,000
Equipo de Oficina
$
2,000,000
Vehiculo
$
6,000,000
TOTAL GASTO DEPRECIACION
$
19,800,000
Herramientas y Utensilios
$
DEPRECIACION ACUMULADA INVERSION AMORTIZABLE :
Costo
Adecuaciones Locativas
$
9,000,000
Gastos de Constitucion y Legalizacion
$
1,500,000
Gastos de Lanzamiento y/o Publicidad
$
10,000,000
Gastos en Investigacion y Desarrollo
$
9,500,000
Gastos Puesta en Marcha del Proyecto
$
800,000
Software y Aplicaciones Tecnologicas
$
5,000,000
TOTAL INVERSION AMORTIZABLE :
$
35,800,000
Licencias y/o Patentes
19,800,000
AÑO 2
AÑO 3
AÑO 4
AÑO 5
3.00%
3.00%
3.00%
3.00%
5.00%
5.00%
5.00%
5.00%
7.00%
7.00%
7.00%
7.00%
TOTAL UNIDADES A VENDER
TOTAL UNIDADES A VENDER PRODUCTO A 160,500
171,735
183,756
196,619
$ 1,133
$ 1,167
$ 1,202
$ 1,238
$ 181,846,500
$ 200,413,028
$ 220,875,198
$ 243,426,555
TOTAL UNIDADES A VENDER PRODUCTO B
$
176,550
188,909
202,132
216,281
$ 1,339
$ 1,379
$ 1,421
$ 1,463
236,400,450 $
260,536,936 $
287,137,757 $
316,454,522
OTROS INGRESOS NO OPERACIONALES PROYECTADOS
COSTO UNITARIO DE MATERIA PRIMA PROYECTADO $
336 $
353 $
370 $
389
$
420 $
441 $
463 $
486
COSTO MANO DE OBRA DIRECTA PROYECTADA
$
77,126,400 $
79,440,192 $
81,823,398 $
84,278,100
COSTOS INDIRECTOS FABRILES PROYECTADOS: $
19,776,000 $
20,369,280 $
20,980,358 $
21,609,769
$
17,304,000 $
17,823,120 $
18,357,814 $
18,908,548
$
824,000 $
848,720 $
874,182 $
900,407
$
2,678,000 $
2,758,340 $
2,841,090 $
2,926,323
$
7,416,000 $
7,638,480 $
7,867,634 $
8,103,663
$
- $
- $
- $
-
$
49,440,000 $
50,923,200 $
52,450,896 $
54,024,423
GASTOS ADMINISTRATIVOS PROYECTADOS $
71,070,000 $
73,202,100 $
75,398,163 $
77,660,108
$
8,652,000 $
8,911,560 $
9,178,907 $
9,454,274
$
7,416,000 $
7,638,480 $
7,867,634 $
8,103,663
$
4,326,000 $
4,455,780 $
4,589,453 $
4,727,137
$
- $
- $
- $
-
$
3,090,000 $
3,182,700 $
3,278,181 $
3,376,526
$
- $
- $
- $
-
$
- $
- $
- $
-
18,357,814 $
18,908,548
GASTOS DE VENTA PROYECTADOS $
17,304,000 $
17,823,120 $
$
16,729,878 $
18,437,999 $
20,320,518 $
22,395,243
$
10,609,000 $
10,927,270 $
11,255,088 $
11,592,741
$
566,500 $
583,495 $
601,000 $
619,030
$
- $
- $
- $
-
$
- $
- $
- $
-
$
- $
- $
- $
-
$
- $
- $
- $
-
$
138,020,000 $
142,160,600 $
146,425,418 $
150,818,181
INVERSION EN ACTIVO FIJO
PLAN DE DEPRECIACION DE ACTIVO FIJO $
- $
- $
- $
-
$
11,000,000 $
11,000,000 $
11,000,000 $
11,000,000
$
800,000 $
800,000 $
800,000 $
800,000
$
2,000,000 $
2,000,000 $
2,000,000 $
2,000,000
$
6,000,000 $
6,000,000 $
6,000,000 $
6,000,000
$
19,800,000 $
19,800,000 $
19,800,000 $
19,800,000
$
39,600,000 $
59,400,000 $
79,200,000 $
99,000,000
PROYECCION DE LOS INGRESOS OPERACIO PRESUPUESTO DE VENTAS
AÑO 1
Tallarines Unidades a Vender
150,000
Precio de Venta SUBTOTAL VENTAS
$
1,100
$
165,000,000
Fideos Guisero Unidades a Vender
165,000
Precio de Venta
$ 1,300 SUBTOTAL VENTAS
$
214,500,000
TOTAL VENTAS
$
379,500,000
LOS INGRESOS OPERACIONALES AÑO 2
AÑO 3
AÑO 4
AÑO 5
160,500
171,735
183,756
196,619
$
1,133 $
1,167 $
1,202 $
1,238
$
181,846,500 $
200,413,028 $
220,875,198 $
243,426,555
176,550
188,909
202,132
216,281
$ 1,339
$ 1,379
$ 1,421
$ 1,463
$
236,400,450 $
260,536,936 $
287,137,757 $
316,454,522
$
418,246,950 $
460,949,964 $
508,012,955 $
559,881,078
PROYECCION DE LA PRODUCCION PRESUPUESTO DE PRODUCCION
AÑO 1
Tallarines Unidades a Producir
150,000
Inventario Final Producto Terminado
25,000
UNIDADES NECESARIAS
( Inventario Inicial de Producto Terminado) SUBTOTAL UNIDADES A PRODUCIR
175,000 0 175,000
Fideos Guisero Unidades a Producir
165,000
Inventario Final de Producto Terminado
27,500
UNIDADES NECESARIAS
192,500
( Inventario Inicial de Producto Terminado)
0
SUBTOTAL UNIDADES A PRODUCIR
192,500
TOTAL UNIDADES A PRODUCIR
367,500
DE LA PRODUCCION AÑO 2
AÑO 3
AÑO 4
AÑO 5
160,500
171,735
183,756
196,619
26,750
28,623
30,626
32,770
187,250
200,358
214,383
229,389
25,000
26,750
28,623
30,626
162,250
173,608
185,760
198,763
176,550
188,909
202,132
216,281
29,425
31,485
33,689
36,047
205,975
220,393
235,821
252,328
27,500
29,425
31,485
33,689
178,475
190,968
204,336
218,640
340,725
364,576
390,096
417,403
PROYECCION DE LAS COMPRAS DE MATERIA PRIMA PRESUPUESTO DE COMPRAS
AÑO 1
Tallarines Unidades que Requieren Materia Prima Costo Unitario de Materia Prima SUBTOTAL MATERIA PRIMA REQUERIDA
175,000 $
320
$
56,000,000
Fideos Guisero Unidades que Requieren Materia Prima Costo Unitario de Materia Prima
192,500 $
400
$
77,000,000
Inventario Final Materia Prima Producto en Proceso
$
-
( Inventario Inicial Materia Prima Producto en Proceso )
$
-
$
77,000,000
Inventario Final de Materia Prima
$
6,416,667
( Inventario Inicial de Materia Prima )
$
-
$
83,416,667
SUBTOTAL MATERIA PRIMA REQUERIDA
TOTAL MATERIA PRIMA REQUERIDA
TOTAL COMPRA DE MATERIA PRIMA
LAS COMPRAS DE MATERIA PRIMA AÑO 2
AÑO 3
AÑO 4
AÑO 5
162,250
173,608
185,760
198,763
$
336 $
353 $
370 $
389
$
54,516,000 $
61,248,726 $
68,812,944 $
77,311,342
178,475
190,968
204,336
218,640
$
420 $
441 $
463 $
486
$
74,959,500 $
84,216,998 $
94,617,798 $
106,303,096
$
- $
- $
- $
-
$
- $
- $
- $
-
$
74,959,500 $
84,216,998 $
94,617,798 $
106,303,096
$
6,246,625 $
7,018,083 $
7,884,816 $
8,858,591
$
6,416,667 $
6,246,625 $
7,018,083 $
7,884,816
$
74,789,458 $
84,988,456 $
95,484,531 $
107,276,870
ESTADO DE COSTO DE VENTAS PROYECTADO ESTADO DE COSTOS DE PRODUCCION
AÑO 1
Inventario Inicial Materia Prima
$
-
Compra de Materia Prima
$
83,416,667
( Inventario Final de Materia Prima )
$
6,416,667
$
77,000,000
MANO DE OBRA DIRECTA
$
74,880,000
COSTOS INDIRECTOS DE FABRICACION
$
59,000,000
$
210,880,000
$
-
$
210,880,000
MATERIA PRIMA DIRECTA UTILIZADA
COSTO DE PRODUCCION
Inventario Inicial de Producto en Proceso ( Inventario Final de Producto en Proceso ) COSTO DE FABRICACION
Inventario Inicial de Producto Terminado
$0
( Inventario Final de Producto Terminado ) COSTO DE LA PRODUCCION TERMINADA
$ 30,125,714 $
180,754,286
E COSTO DE VENTAS PROYECTADO AÑO 2
AÑO 3
AÑO 4
AÑO 5
$
6,416,667 $
6,246,625 $
7,018,083 $
7,884,816
$
74,789,458 $
84,988,456 $
95,484,531 $
107,276,870
$
5,753,035 $
6,537,574 $
7,344,964 $
8,252,067
$
75,453,090 $
84,697,508 $
95,157,650 $
106,909,620
$
77,126,400 $
79,440,192 $
81,823,398 $
84,278,100
$
60,440,000 $
61,923,200 $
63,450,896 $
65,024,423
$
213,019,490 $
226,060,900 $
240,431,944 $
256,212,142
$
213,019,490 $
226,060,900 $
240,431,944 $
256,212,142
$
$ 30,125,714
$ 30,431,356
$ 32,294,414
$ 34,347,421
$ 30,431,356
$ 32,294,414
$ 34,347,421
$ 36,601,735
212,713,848 $
224,197,841 $
238,378,938 $
253,957,828
PLAN DE RECAUDOS Y PAGOS INVERSIONES DEL PROYECTO
AÑO 1
AÑO 2
PLAN DE RECAUDOS VENTAS NETAS EN EL PERIODO
$
379,500,000 $
418,246,950
FACTURACION A CREDITO EN EL PERIODO
$
227,700,000 $
250,948,170
Recaudo Facturacion de Contado
$
151,800,000 $
167,298,780
Recaudo Facturacion a 15 dias
$
- $
-
Recaudo Facturacion a 30 dias
$
62,617,500 $
69,010,747
Recaudo Facturacion a 60 dias
$
132,825,000 $
146,386,433
Recaudo Facturacion a 90 dias
$
- $
-
$
32,257,500
$
347,242,500 $
414,953,459
COMPRAS NETAS EN EL PERIODO
$
83,416,667 $
74,789,458
COMPRAS A CREDITO EN EL PERIODO
$
83,416,667 $
74,789,458
Pago Facturacion de Contado
$
- $
-
Pago Facturacion a 15 dias
$
- $
-
Pago Facturacion a 30 dias
$
76,465,278 $
68,557,003
Pago Facturacion a 60 dias
$
- $
-
Pago Facturacion a 90 dias
$
- $
-
$
6,951,389
76,465,278 $
75,508,392
Recaudo Periodos Anteriores TOTAL RECAUDOS EN EL PERIODO PLAN DE PAGOS
Pago Facturacion Periodos Anteriores TOTAL PAGO FACTURACION EN EL PERIODO
$
RECAUDOS Y PAGOS AÑO 3
AÑO 4
AÑO 5
AÑO 6
$
460,949,964 $
508,012,955 $
559,881,078
$
276,569,978 $
304,807,773 $
335,928,647
$
184,379,985 $
203,205,182 $
223,952,431
$
- $
- $
-
$
76,056,744 $
83,822,138 $
92,380,378
$
161,332,487 $
177,804,534 $
195,958,377
$
- $
- $
-
$
35,550,991 $
39,180,747 $
43,181,101 $ 47,589,892
$
457,320,207 $
504,012,601 $
555,472,287 $ 47,589,892
$
84,988,456 $
95,484,531 $
107,276,870
$
84,988,456 $
95,484,531 $
107,276,870
$
- $
- $
-
$
- $
- $
-
$
77,906,085 $
87,527,487 $
98,337,131
$
- $
- $
-
$
- $
- $
-
$
6,232,455 $
7,082,371 $
7,957,044 $
8,939,739
$
84,138,540 $
94,609,858 $
106,294,175 $
8,939,739
PLAN DE INVERSION Y FINANCIACION INVERSIONES DEL PROYECTO
AÑO 0
AÑO 1
INVERSION FIJA
Inversion en Terreno
$
-
Inversion Planta
$
-
Inversion Maquinaria y Equipo
$
110,000,000
Inversion Muebles y Enseres
$
12,000,000
Inversion Equipo de Oficina
$
10,000,000
Inversion en Herramientas
$
-
Inversion Vehiculo
$
30,000,000
TOTAL INVERSION FIJA
162,000,000
0
CALCULO DEL CAPITAL DE TRABAJO
Inventario Final de Producto Terminado
$
30,125,714
Inventario Final de Producto Proceso
$
-
Inventario Final de Materia Prima
$
6,416,667
Cuentas por Cobrar
$
32,257,500
Colchon de Efectivo
$
22,630,533
Cuentas por Pagar Proveedores
$
6,951,389
CAPITAL DE TRABAJO NETO OPERATIVO
$
84,479,025
INVERSION EN CAPITAL DE TRABAJO
84,479,025
TOTAL INVERSION AMORTIZABLE
35,800,000
TOTAL INVERSION EN EL PERIODO FINANCIACION DE LAS INVERSIONES
$
282,279,025 $
4,799,441
4,799,441
Aportes Socios
$
TOTAL RECURSOS NECESARIOS
$
30,000,000 252,279,025 $
4,799,441
$
4,799,441
Utilidades Retenidas Credito Capital de Trabajo
$
84,479,025
Credito Inversion Fija
$
167,800,000
ION Y FINANCIACION AÑO 2
AÑO 3
AÑO 4
AÑO 5
0
0
0
0
$
30,431,356 $
32,294,414 $
34,347,421 $
36,601,735
$
- $
- $
- $
-
$
6,246,625 $
7,018,083 $
7,884,816 $
8,858,591
$
35,550,991 $
39,180,747 $
43,181,101 $
47,589,892
$
23,281,949 $
23,952,908 $
24,643,995 $
12,568,182
$
6,232,455 $
7,082,371 $
7,957,044 $
8,939,739
$
89,278,466 $
95,363,781 $
102,100,289 $
96,678,660
- $
-
6,085,315
$
6,085,315 $
6,736,508
6,736,508 $
$
6,085,315 $
6,736,508 $
- $
-
$
6,085,315 $
6,736,508 $
- $
-
PLAN DE AMORTIZACION DEL SERVICIO DE LA DEUD LINEAS DE CREDITO
AÑO 0
AÑO 1
LINEA DE CREDITO CAPITAL DE TRABAJO
Tasa Efectiva Anual
12%
Plazo en Años
2
Periodo de Gracia en Años Cuota Fija a Pagar
$
49,986,080
Saldo Insoluto del Credito
$
84,479,025 $
84,479,025
Gasto Financiero
$
- $
10,137,483
Cuota Fija a Pagar
$
- $
49,986,080
Amortizacion a Capital
$
- $
39,848,597
Saldo Neto del Credito
$
84,479,025 $
44,630,429
PROYECCION DEL CREDITO
LINEA DE CREDITO INVERSION FIJA
Tasa Efectiva Anual
14%
Plazo en Años
5
Periodo de Gracia en Años
2
Cuota Fija a Pagar
$
48,877,379
Saldo Insoluto del Credito
$
167,800,000 $
167,800,000
Gasto Financiero
$
- $
23,492,000
Cuota Fija a Pagar
$
- $
-
Amortizacion a Capital
$
- $
-
Saldo Neto del Credito
$
167,800,000 $
167,800,000
PROYECCION DEL CREDITO
ACION DEL SERVICIO DE LA DEUDA AÑO 2
$
44,630,429
$
5,355,651
$
49,986,080
$
44,630,429
$
-
AÑO 3
AÑO 4
AÑO 5
$
167,800,000 $
167,800,000 $
142,414,621 $
113,475,289
$
23,492,000 $
23,492,000 $
19,938,047 $
15,886,540
$
- $
48,877,379 $
48,877,379 $
48,877,379
$
- $
25,385,379 $
28,939,332 $
32,990,839
$
167,800,000 $
142,414,621 $
113,475,289 $
80,484,450
ESTADO DE RENTAS Y GASTOS PROYECTADO RENTAS Y GASTOS
AÑO 1
AÑO 2
$
379,500,000 $
418,246,950
INGRESOS NETOS
$
379,500,000 $
418,246,950
( COSTO DE VENTA )
$
180,754,286 $
212,713,848
UTILIDAD BRUTA EN VENTAS
$
198,745,714 $
205,533,102
Gasto Nomina Administrativa
$
69,000,000 $
71,070,000
Gasto Honorarios
$
8,400,000 $
8,652,000
Gasto Arrendamiento
$
7,200,000 $
7,416,000
Gasto Papeleria e Insumos
$
4,200,000 $
4,326,000
Gasto Seguros
$
- $
-
Gasto Servicios Publicos Administracion
$
3,000,000 $
3,090,000
Gasto Telefonia Celular
$
- $
-
Otros Gastos Administrativos
$
- $
-
Gasto Depreciacion de Activos
$
8,800,000 $
8,800,000
Gasto Amortizacion de Diferidos ( Gastos de Venta ) :
$
7,160,000 $
7,160,000
Gasto Nomina Comercial
$
16,800,000 $
17,304,000
Gasto Comision Ventas % (Ventas )
$
15,180,000 $
16,729,878
Gasto Publicidad y Mercadeo
$
10,300,000 $
10,609,000
Gasto Transporte
$
550,000 $
566,500
Gasto Papeleria e Insumos
$
- $
-
Gasto Seguros
$
- $
-
Ingresos Operacionales (Descuentos, devoluciones y rebajas)
( Gastos Administrativos ):
Gasto Operación y Mantenimiento Vehicular
$
- $
-
Otros Gastos de Venta
$
- $
-
TOTAL GASTOS OPERACIONALES
$
134,000,000 $
138,020,000
UTILIDAD OPERACIONAL :
$
64,745,714 $
67,513,102
OTROS INGRESOS :
$
9,000,000
OTROS GASTOS :
$
33,629,483 $
28,847,651
UTILIDAD ANTES IMPUESTO
$
31,116,231 $
38,665,450
IMPORRENTA
$
10,268,356 $
12,759,599
UTILIDAD NETA
$
20,847,875 $
25,905,852
OS PROYECTADO AÑO 3
AÑO 4
AÑO 5
$
460,949,964 $
508,012,955 $ 559,881,078
$
460,949,964 $
508,012,955 $ 559,881,078
$
224,197,841 $
238,378,938 $ 253,957,828
$
236,752,122 $
269,634,017 $
305,923,249
$
73,202,100 $
75,398,163 $
77,660,108
$
8,911,560 $
9,178,907 $
9,454,274
$
7,638,480 $
7,867,634 $
8,103,663
$
4,455,780 $
4,589,453 $
4,727,137
$
- $
- $
-
$
3,182,700 $
3,278,181 $
3,376,526
$
- $
- $
-
$
- $
- $
-
$
8,800,000 $
8,800,000 $
8,800,000
$
7,160,000 $
7,160,000 $
7,160,000
$
17,823,120 $
18,357,814 $
18,908,548
$
18,437,999 $
20,320,518 $
22,395,243
$
10,927,270 $
11,255,088 $
11,592,741
$
583,495 $
601,000 $
619,030
$
- $
- $
-
$
- $
- $
-
$
- $
- $
-
$
- $
- $
-
$
142,160,600 $
$
94,591,522 $
123,208,599 $
155,105,069
$
23,492,000 $
19,938,047 $
15,886,540
$
71,099,522 $
103,270,552 $
139,218,528
$
23,462,842 $
34,079,282 $
45,942,114
$
47,636,680 $
69,191,270 $
93,276,414
146,425,418 $ 150,818,181
FLUJO DE CAJA PROYECTADO FLUJO DE CAJA PROYECTADO
AÑO 0
AÑO 1
INGRESOS
Ingresos Operacionales
$ 347,242,500
Otros Ingresos
$ 9,000,000
Recuperacion de Capital de Trabajo Valor de Salvamento Activos TOTAL INGRESOS DEL PROYECTO
$
- $
356,242,500
EGRESOS
Pago a Proveedores
$ 76,465,278
Mano de Obra Directa
$ 74,880,000
Costos Indirectos de Fabricacion
$ 59,000,000
Gastos Administrativos
$ 91,800,000
Gastos de Venta
$ 42,830,000
Impuestos TOTAL EGRESOS OPERATIVOS DEL PROYECTO
$0
$ 344,345,278
FLUJO DE CAJA OPERACIONAL
$0
$ 11,897,222
INVERSIONES EN EL PROYECTO
Inversion en Terrenos
$0
Construccion de Edificaciones
$0
Inversion en Maquinaria y Equipo
$ 110,000,000
Inversion en Equipo de Oficina
$ 12,000,000
Inversion en Muebles y Enseres
$ 10,000,000
Inversion en Herramientas y Utensilios
$0
Inversion en Vehiculo Inversion en Capital de Trabajo
$ 30,000,000 $ 84,479,025
$ 4,799,441
Inversion Amortizable
$ 35,800,000
$0
FLUJO DE CAJA EN INVERSION
($ 282,279,025)
$ 7,097,782
Contratacion de Deuda
$ 252,279,025
Amortizacion de Capital
$ 39,848,597
Gastos Financieros
$ 33,629,483
Reparto de Dividendos AÑO 0
AÑO 1
($ 30,000,000)
($ 66,380,298)
EVALUACION ECONOMICA
EVALUACION FINANCIERA
VALOR PRESENTE NETO
($ 5,063,944)
$ 12,245,430
TASA INTERNA DE RETORNO
11.48%
19.50%
FLUJO DE CAJA NETO
CAJA PROYECTADO AÑO 2
AÑO 3
AÑO 4
AÑO 5
$ 414,953,459
$ 457,320,207
$ 504,012,601
$ 555,472,287
$ 102,100,289 $
414,953,459 $
457,320,207 $
504,012,601 $
657,572,576
$ 75,508,392
$ 84,138,540
$ 94,609,858
$ 106,294,175
$ 77,126,400
$ 79,440,192
$ 81,823,398
$ 84,278,100
$ 60,440,000
$ 61,923,200
$ 63,450,896
$ 65,024,423
$ 94,554,000
$ 97,390,620
$ 100,312,339
$ 103,321,709
$ 45,209,378
$ 47,771,884
$ 50,534,420
$ 53,515,562
$ 10,268,356
$ 12,759,599
$ 23,462,842
$ 34,079,282
$ 361,363,149
$ 380,422,131
$ 409,772,412
$ 440,494,161
$ 53,590,311
$ 76,898,077
$ 94,240,189
$ 217,078,415
$ 6,085,315
$ 6,736,508
$0
$0
$0
$0
$0
$0
$ 47,504,996
$ 70,161,569
$ 94,240,189
$ 217,078,415
$ 44,630,429
$ 25,385,379
$ 28,939,332
$ 32,990,839
$ 28,847,651
$ 23,492,000
$ 19,938,047
$ 15,886,540
AÑO 2
AÑO 3
AÑO 4
AÑO 5
($ 25,973,084)
$ 21,284,190
$ 45,362,809
$ 168,201,036
VPN Muestra $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430
PERFIL DEL RIESGO PARA LA E
VPN Distribucion Normal
INDICADOR Economico
VALOR PRESENTE NETO ($ 5,063,944)
DISTRIBUCION NORMAL PARA LA SIMULACION DEL VPN Area Para X<=$0
Area VPN
Percentile
VPN Estimado
$0
40.00%
$ 12,245,430
Simulaciones
1,000
Simulaciones
VPN Esperado
VPN Muestra
1
$ 12,245,430
$ 12,245,430
1354867.757
2
$ 12,245,430
$ 12,245,430
1354867.757
3
$ 12,245,430
$ 12,245,430
1354867.757
4
$ 12,245,430
$ 12,245,430
1354867.757
5
$ 12,245,430
$ 12,245,430
1354867.757
6
$ 12,245,430
$ 12,245,430
1354867.757
7
$ 12,245,430
$ 12,245,430
1354867.757
8
$ 12,245,430
$ 12,245,430
1354867.757
9
$ 12,245,430
$ 12,245,430
1354867.757
10
$ 12,245,430
$ 12,245,430
1354867.757
11
$ 12,245,430
$ 12,245,430
1354867.757
12
$ 12,245,430
$ 12,245,430
1354867.757
13
$ 12,245,430
$ 12,245,430
1354867.757
14
$ 12,245,430
$ 12,245,430
1354867.757
15
$ 12,245,430
$ 12,245,430
1354867.757
16
$ 12,245,430
$ 12,245,430
1354867.757
17
$ 12,245,430
$ 12,245,430
1354867.757
18
$ 12,245,430
$ 12,245,430
1354867.757
19
$ 12,245,430
$ 12,245,430
1354867.757
20
$ 12,245,430
$ 12,245,430
1354867.757
21
$ 12,245,430
$ 12,245,430
1354867.757
22
$ 12,245,430
$ 12,245,430
1354867.757
23
$ 12,245,430
$ 12,245,430
1354867.757
24
$ 12,245,430
$ 12,245,430
1354867.757
SIMULACION DELVALOR PRESENT VPN Distribucion Normal
25
$ 12,245,430
$ 12,245,430
1354867.757
26
$ 12,245,430
$ 12,245,430
1354867.757
27
$ 12,245,430
$ 12,245,430
1354867.757
28
$ 12,245,430
$ 12,245,430
1354867.757
29
$ 12,245,430
$ 12,245,430
1354867.757
30
$ 12,245,430
$ 12,245,430
1354867.757
31
$ 12,245,430
$ 12,245,430
1354867.757
32
$ 12,245,430
$ 12,245,430
1354867.757
33
$ 12,245,430
$ 12,245,430
1354867.757
34
$ 12,245,430
$ 12,245,430
1354867.757
35
$ 12,245,430
$ 12,245,430
1354867.757
36
$ 12,245,430
$ 12,245,430
1354867.757
37
$ 12,245,430
$ 12,245,430
1354867.757
38
$ 12,245,430
$ 12,245,430
1354867.757
39
$ 12,245,430
$ 12,245,430
1354867.757
40
$ 12,245,430
$ 12,245,430
1354867.757
41
$ 12,245,430
$ 12,245,430
1354867.757
42
$ 12,245,430
$ 12,245,430
1354867.757
43
$ 12,245,430
$ 12,245,430
1354867.757
44
$ 12,245,430
$ 12,245,430
1354867.757
45
$ 12,245,430
$ 12,245,430
1354867.757
46
$ 12,245,430
$ 12,245,430
1354867.757
47
$ 12,245,430
$ 12,245,430
1354867.757
48
$ 12,245,430
$ 12,245,430
1354867.757
49
$ 12,245,430
$ 12,245,430
1354867.757
50
$ 12,245,430
$ 12,245,430
1354867.757
51
$ 12,245,430
$ 12,245,430
1354867.757
52
$ 12,245,430
$ 12,245,430
1354867.757
53
$ 12,245,430
$ 12,245,430
1354867.757
54
$ 12,245,430
$ 12,245,430
1354867.757
55
$ 12,245,430
$ 12,245,430
1354867.757
56
$ 12,245,430
$ 12,245,430
1354867.757
57
$ 12,245,430
$ 12,245,430
1354867.757
58
$ 12,245,430
$ 12,245,430
1354867.757
59
$ 12,245,430
$ 12,245,430
1354867.757
60
$ 12,245,430
$ 12,245,430
1354867.757
61
$ 12,245,430
$ 12,245,430
1354867.757
62
$ 12,245,430
$ 12,245,430
1354867.757
63
$ 12,245,430
$ 12,245,430
1354867.757
64
$ 12,245,430
$ 12,245,430
1354867.757
65
$ 12,245,430
$ 12,245,430
1354867.757
66
$ 12,245,430
$ 12,245,430
1354867.757
67
$ 12,245,430
$ 12,245,430
1354867.757
68
$ 12,245,430
$ 12,245,430
1354867.757
69
$ 12,245,430
$ 12,245,430
1354867.757
70
$ 12,245,430
$ 12,245,430
1354867.757
71
$ 12,245,430
$ 12,245,430
1354867.757
72
$ 12,245,430
$ 12,245,430
1354867.757
73
$ 12,245,430
$ 12,245,430
1354867.757
74
$ 12,245,430
$ 12,245,430
1354867.757
75
$ 12,245,430
$ 12,245,430
1354867.757
76
$ 12,245,430
$ 12,245,430
1354867.757
77
$ 12,245,430
$ 12,245,430
1354867.757
78
$ 12,245,430
$ 12,245,430
1354867.757
79
$ 12,245,430
$ 12,245,430
1354867.757
80
$ 12,245,430
$ 12,245,430
1354867.757
81
$ 12,245,430
$ 12,245,430
1354867.757
82
$ 12,245,430
$ 12,245,430
1354867.757
83
$ 12,245,430
$ 12,245,430
1354867.757
84
$ 12,245,430
$ 12,245,430
1354867.757
85
$ 12,245,430
$ 12,245,430
1354867.757
86
$ 12,245,430
$ 12,245,430
1354867.757
87
$ 12,245,430
$ 12,245,430
1354867.757
88
$ 12,245,430
$ 12,245,430
1354867.757
89
$ 12,245,430
$ 12,245,430
1354867.757
90
$ 12,245,430
$ 12,245,430
1354867.757
91
$ 12,245,430
$ 12,245,430
1354867.757
92
$ 12,245,430
$ 12,245,430
1354867.757
93
$ 12,245,430
$ 12,245,430
1354867.757
94
$ 12,245,430
$ 12,245,430
1354867.757
95
$ 12,245,430
$ 12,245,430
1354867.757
96
$ 12,245,430
$ 12,245,430
1354867.757
97
$ 12,245,430
$ 12,245,430
1354867.757
98
$ 12,245,430
$ 12,245,430
1354867.757
99
$ 12,245,430
$ 12,245,430
1354867.757
100
$ 12,245,430
$ 12,245,430
1354867.757
101
$ 12,245,430
$ 12,245,430
1354867.757
102
$ 12,245,430
$ 12,245,430
1354867.757
103
$ 12,245,430
$ 12,245,430
1354867.757
104
$ 12,245,430
$ 12,245,430
1354867.757
105
$ 12,245,430
$ 12,245,430
1354867.757
106
$ 12,245,430
$ 12,245,430
1354867.757
107
$ 12,245,430
$ 12,245,430
1354867.757
108
$ 12,245,430
$ 12,245,430
1354867.757
109
$ 12,245,430
$ 12,245,430
1354867.757
110
$ 12,245,430
$ 12,245,430
1354867.757
111
$ 12,245,430
$ 12,245,430
1354867.757
112
$ 12,245,430
$ 12,245,430
1354867.757
113
$ 12,245,430
$ 12,245,430
1354867.757
114
$ 12,245,430
$ 12,245,430
1354867.757
115
$ 12,245,430
$ 12,245,430
1354867.757
116
$ 12,245,430
$ 12,245,430
1354867.757
117
$ 12,245,430
$ 12,245,430
1354867.757
118
$ 12,245,430
$ 12,245,430
1354867.757
119
$ 12,245,430
$ 12,245,430
1354867.757
120
$ 12,245,430
$ 12,245,430
1354867.757
121
$ 12,245,430
$ 12,245,430
1354867.757
122
$ 12,245,430
$ 12,245,430
1354867.757
123
$ 12,245,430
$ 12,245,430
1354867.757
124
$ 12,245,430
$ 12,245,430
1354867.757
125
$ 12,245,430
$ 12,245,430
1354867.757
126
$ 12,245,430
$ 12,245,430
1354867.757
127
$ 12,245,430
$ 12,245,430
1354867.757
128
$ 12,245,430
$ 12,245,430
1354867.757
129
$ 12,245,430
$ 12,245,430
1354867.757
130
$ 12,245,430
$ 12,245,430
1354867.757
131
$ 12,245,430
$ 12,245,430
1354867.757
132
$ 12,245,430
$ 12,245,430
1354867.757
133
$ 12,245,430
$ 12,245,430
1354867.757
134
$ 12,245,430
$ 12,245,430
1354867.757
135
$ 12,245,430
$ 12,245,430
1354867.757
136
$ 12,245,430
$ 12,245,430
1354867.757
137
$ 12,245,430
$ 12,245,430
1354867.757
138
$ 12,245,430
$ 12,245,430
1354867.757
139
$ 12,245,430
$ 12,245,430
1354867.757
140
$ 12,245,430
$ 12,245,430
1354867.757
141
$ 12,245,430
$ 12,245,430
1354867.757
142
$ 12,245,430
$ 12,245,430
1354867.757
143
$ 12,245,430
$ 12,245,430
1354867.757
144
$ 12,245,430
$ 12,245,430
1354867.757
145
$ 12,245,430
$ 12,245,430
1354867.757
146
$ 12,245,430
$ 12,245,430
1354867.757
147
$ 12,245,430
$ 12,245,430
1354867.757
148
$ 12,245,430
$ 12,245,430
1354867.757
149
$ 12,245,430
$ 12,245,430
1354867.757
150
$ 12,245,430
$ 12,245,430
1354867.757
151
$ 12,245,430
$ 12,245,430
1354867.757
152
$ 12,245,430
$ 12,245,430
1354867.757
153
$ 12,245,430
$ 12,245,430
1354867.757
154
$ 12,245,430
$ 12,245,430
1354867.757
155
$ 12,245,430
$ 12,245,430
1354867.757
156
$ 12,245,430
$ 12,245,430
1354867.757
157
$ 12,245,430
$ 12,245,430
1354867.757
158
$ 12,245,430
$ 12,245,430
1354867.757
159
$ 12,245,430
$ 12,245,430
1354867.757
160
$ 12,245,430
$ 12,245,430
1354867.757
161
$ 12,245,430
$ 12,245,430
1354867.757
162
$ 12,245,430
$ 12,245,430
1354867.757
163
$ 12,245,430
$ 12,245,430
1354867.757
164
$ 12,245,430
$ 12,245,430
1354867.757
165
$ 12,245,430
$ 12,245,430
1354867.757
166
$ 12,245,430
$ 12,245,430
1354867.757
167
$ 12,245,430
$ 12,245,430
1354867.757
168
$ 12,245,430
$ 12,245,430
1354867.757
169
$ 12,245,430
$ 12,245,430
1354867.757
170
$ 12,245,430
$ 12,245,430
1354867.757
171
$ 12,245,430
$ 12,245,430
1354867.757
172
$ 12,245,430
$ 12,245,430
1354867.757
173
$ 12,245,430
$ 12,245,430
1354867.757
174
$ 12,245,430
$ 12,245,430
1354867.757
175
$ 12,245,430
$ 12,245,430
1354867.757
176
$ 12,245,430
$ 12,245,430
1354867.757
177
$ 12,245,430
$ 12,245,430
1354867.757
178
$ 12,245,430
$ 12,245,430
1354867.757
179
$ 12,245,430
$ 12,245,430
1354867.757
180
$ 12,245,430
$ 12,245,430
1354867.757
181
$ 12,245,430
$ 12,245,430
1354867.757
182
$ 12,245,430
$ 12,245,430
1354867.757
183
$ 12,245,430
$ 12,245,430
1354867.757
184
$ 12,245,430
$ 12,245,430
1354867.757
185
$ 12,245,430
$ 12,245,430
1354867.757
186
$ 12,245,430
$ 12,245,430
1354867.757
187
$ 12,245,430
$ 12,245,430
1354867.757
188
$ 12,245,430
$ 12,245,430
1354867.757
189
$ 12,245,430
$ 12,245,430
1354867.757
190
$ 12,245,430
$ 12,245,430
1354867.757
191
$ 12,245,430
$ 12,245,430
1354867.757
192
$ 12,245,430
$ 12,245,430
1354867.757
193
$ 12,245,430
$ 12,245,430
1354867.757
194
$ 12,245,430
$ 12,245,430
1354867.757
195
$ 12,245,430
$ 12,245,430
1354867.757
196
$ 12,245,430
$ 12,245,430
1354867.757
197
$ 12,245,430
$ 12,245,430
1354867.757
198
$ 12,245,430
$ 12,245,430
1354867.757
199
$ 12,245,430
$ 12,245,430
1354867.757
200
$ 12,245,430
$ 12,245,430
1354867.757
201
$ 12,245,430
$ 12,245,430
1354867.757
202
$ 12,245,430
$ 12,245,430
1354867.757
203
$ 12,245,430
$ 12,245,430
1354867.757
204
$ 12,245,430
$ 12,245,430
1354867.757
205
$ 12,245,430
$ 12,245,430
1354867.757
206
$ 12,245,430
$ 12,245,430
1354867.757
207
$ 12,245,430
$ 12,245,430
1354867.757
208
$ 12,245,430
$ 12,245,430
1354867.757
209
$ 12,245,430
$ 12,245,430
1354867.757
210
$ 12,245,430
$ 12,245,430
1354867.757
211
$ 12,245,430
$ 12,245,430
1354867.757
212
$ 12,245,430
$ 12,245,430
1354867.757
213
$ 12,245,430
$ 12,245,430
1354867.757
214
$ 12,245,430
$ 12,245,430
1354867.757
215
$ 12,245,430
$ 12,245,430
1354867.757
216
$ 12,245,430
$ 12,245,430
1354867.757
217
$ 12,245,430
$ 12,245,430
1354867.757
218
$ 12,245,430
$ 12,245,430
1354867.757
219
$ 12,245,430
$ 12,245,430
1354867.757
220
$ 12,245,430
$ 12,245,430
1354867.757
221
$ 12,245,430
$ 12,245,430
1354867.757
222
$ 12,245,430
$ 12,245,430
1354867.757
223
$ 12,245,430
$ 12,245,430
1354867.757
224
$ 12,245,430
$ 12,245,430
1354867.757
225
$ 12,245,430
$ 12,245,430
1354867.757
226
$ 12,245,430
$ 12,245,430
1354867.757
227
$ 12,245,430
$ 12,245,430
1354867.757
228
$ 12,245,430
$ 12,245,430
1354867.757
229
$ 12,245,430
$ 12,245,430
1354867.757
230
$ 12,245,430
$ 12,245,430
1354867.757
231
$ 12,245,430
$ 12,245,430
1354867.757
232
$ 12,245,430
$ 12,245,430
1354867.757
233
$ 12,245,430
$ 12,245,430
1354867.757
234
$ 12,245,430
$ 12,245,430
1354867.757
235
$ 12,245,430
$ 12,245,430
1354867.757
236
$ 12,245,430
$ 12,245,430
1354867.757
237
$ 12,245,430
$ 12,245,430
1354867.757
238
$ 12,245,430
$ 12,245,430
1354867.757
239
$ 12,245,430
$ 12,245,430
1354867.757
240
$ 12,245,430
$ 12,245,430
1354867.757
241
$ 12,245,430
$ 12,245,430
1354867.757
242
$ 12,245,430
$ 12,245,430
1354867.757
243
$ 12,245,430
$ 12,245,430
1354867.757
244
$ 12,245,430
$ 12,245,430
1354867.757
245
$ 12,245,430
$ 12,245,430
1354867.757
246
$ 12,245,430
$ 12,245,430
1354867.757
247
$ 12,245,430
$ 12,245,430
1354867.757
248
$ 12,245,430
$ 12,245,430
1354867.757
249
$ 12,245,430
$ 12,245,430
1354867.757
250
$ 12,245,430
$ 12,245,430
1354867.757
251
$ 12,245,430
$ 12,245,430
1354867.757
252
$ 12,245,430
$ 12,245,430
1354867.757
253
$ 12,245,430
$ 12,245,430
1354867.757
254
$ 12,245,430
$ 12,245,430
1354867.757
255
$ 12,245,430
$ 12,245,430
1354867.757
256
$ 12,245,430
$ 12,245,430
1354867.757
257
$ 12,245,430
$ 12,245,430
1354867.757
258
$ 12,245,430
$ 12,245,430
1354867.757
259
$ 12,245,430
$ 12,245,430
1354867.757
260
$ 12,245,430
$ 12,245,430
1354867.757
261
$ 12,245,430
$ 12,245,430
1354867.757
262
$ 12,245,430
$ 12,245,430
1354867.757
263
$ 12,245,430
$ 12,245,430
1354867.757
264
$ 12,245,430
$ 12,245,430
1354867.757
265
$ 12,245,430
$ 12,245,430
1354867.757
266
$ 12,245,430
$ 12,245,430
1354867.757
267
$ 12,245,430
$ 12,245,430
1354867.757
268
$ 12,245,430
$ 12,245,430
1354867.757
269
$ 12,245,430
$ 12,245,430
1354867.757
270
$ 12,245,430
$ 12,245,430
1354867.757
271
$ 12,245,430
$ 12,245,430
1354867.757
272
$ 12,245,430
$ 12,245,430
1354867.757
273
$ 12,245,430
$ 12,245,430
1354867.757
274
$ 12,245,430
$ 12,245,430
1354867.757
275
$ 12,245,430
$ 12,245,430
1354867.757
276
$ 12,245,430
$ 12,245,430
1354867.757
277
$ 12,245,430
$ 12,245,430
1354867.757
278
$ 12,245,430
$ 12,245,430
1354867.757
279
$ 12,245,430
$ 12,245,430
1354867.757
280
$ 12,245,430
$ 12,245,430
1354867.757
281
$ 12,245,430
$ 12,245,430
1354867.757
282
$ 12,245,430
$ 12,245,430
1354867.757
283
$ 12,245,430
$ 12,245,430
1354867.757
284
$ 12,245,430
$ 12,245,430
1354867.757
285
$ 12,245,430
$ 12,245,430
1354867.757
286
$ 12,245,430
$ 12,245,430
1354867.757
287
$ 12,245,430
$ 12,245,430
1354867.757
288
$ 12,245,430
$ 12,245,430
1354867.757
289
$ 12,245,430
$ 12,245,430
1354867.757
290
$ 12,245,430
$ 12,245,430
1354867.757
291
$ 12,245,430
$ 12,245,430
1354867.757
292
$ 12,245,430
$ 12,245,430
1354867.757
293
$ 12,245,430
$ 12,245,430
1354867.757
294
$ 12,245,430
$ 12,245,430
1354867.757
295
$ 12,245,430
$ 12,245,430
1354867.757
296
$ 12,245,430
$ 12,245,430
1354867.757
297
$ 12,245,430
$ 12,245,430
1354867.757
298
$ 12,245,430
$ 12,245,430
1354867.757
299
$ 12,245,430
$ 12,245,430
1354867.757
300
$ 12,245,430
$ 12,245,430
1354867.757
301
$ 12,245,430
$ 12,245,430
1354867.757
302
$ 12,245,430
$ 12,245,430
1354867.757
303
$ 12,245,430
$ 12,245,430
1354867.757
304
$ 12,245,430
$ 12,245,430
1354867.757
305
$ 12,245,430
$ 12,245,430
1354867.757
306
$ 12,245,430
$ 12,245,430
1354867.757
307
$ 12,245,430
$ 12,245,430
1354867.757
308
$ 12,245,430
$ 12,245,430
1354867.757
309
$ 12,245,430
$ 12,245,430
1354867.757
310
$ 12,245,430
$ 12,245,430
1354867.757
311
$ 12,245,430
$ 12,245,430
1354867.757
312
$ 12,245,430
$ 12,245,430
1354867.757
313
$ 12,245,430
$ 12,245,430
1354867.757
314
$ 12,245,430
$ 12,245,430
1354867.757
315
$ 12,245,430
$ 12,245,430
1354867.757
316
$ 12,245,430
$ 12,245,430
1354867.757
317
$ 12,245,430
$ 12,245,430
1354867.757
318
$ 12,245,430
$ 12,245,430
1354867.757
319
$ 12,245,430
$ 12,245,430
1354867.757
320
$ 12,245,430
$ 12,245,430
1354867.757
321
$ 12,245,430
$ 12,245,430
1354867.757
322
$ 12,245,430
$ 12,245,430
1354867.757
323
$ 12,245,430
$ 12,245,430
1354867.757
324
$ 12,245,430
$ 12,245,430
1354867.757
325
$ 12,245,430
$ 12,245,430
1354867.757
326
$ 12,245,430
$ 12,245,430
1354867.757
327
$ 12,245,430
$ 12,245,430
1354867.757
328
$ 12,245,430
$ 12,245,430
1354867.757
329
$ 12,245,430
$ 12,245,430
1354867.757
330
$ 12,245,430
$ 12,245,430
1354867.757
331
$ 12,245,430
$ 12,245,430
1354867.757
332
$ 12,245,430
$ 12,245,430
1354867.757
333
$ 12,245,430
$ 12,245,430
1354867.757
334
$ 12,245,430
$ 12,245,430
1354867.757
335
$ 12,245,430
$ 12,245,430
1354867.757
336
$ 12,245,430
$ 12,245,430
1354867.757
337
$ 12,245,430
$ 12,245,430
1354867.757
338
$ 12,245,430
$ 12,245,430
1354867.757
339
$ 12,245,430
$ 12,245,430
1354867.757
340
$ 12,245,430
$ 12,245,430
1354867.757
341
$ 12,245,430
$ 12,245,430
1354867.757
342
$ 12,245,430
$ 12,245,430
1354867.757
343
$ 12,245,430
$ 12,245,430
1354867.757
344
$ 12,245,430
$ 12,245,430
1354867.757
345
$ 12,245,430
$ 12,245,430
1354867.757
346
$ 12,245,430
$ 12,245,430
1354867.757
347
$ 12,245,430
$ 12,245,430
1354867.757
348
$ 12,245,430
$ 12,245,430
1354867.757
349
$ 12,245,430
$ 12,245,430
1354867.757
350
$ 12,245,430
$ 12,245,430
1354867.757
351
$ 12,245,430
$ 12,245,430
1354867.757
352
$ 12,245,430
$ 12,245,430
1354867.757
353
$ 12,245,430
$ 12,245,430
1354867.757
354
$ 12,245,430
$ 12,245,430
1354867.757
355
$ 12,245,430
$ 12,245,430
1354867.757
356
$ 12,245,430
$ 12,245,430
1354867.757
357
$ 12,245,430
$ 12,245,430
1354867.757
358
$ 12,245,430
$ 12,245,430
1354867.757
359
$ 12,245,430
$ 12,245,430
1354867.757
360
$ 12,245,430
$ 12,245,430
1354867.757
361
$ 12,245,430
$ 12,245,430
1354867.757
362
$ 12,245,430
$ 12,245,430
1354867.757
363
$ 12,245,430
$ 12,245,430
1354867.757
364
$ 12,245,430
$ 12,245,430
1354867.757
365
$ 12,245,430
$ 12,245,430
1354867.757
366
$ 12,245,430
$ 12,245,430
1354867.757
367
$ 12,245,430
$ 12,245,430
1354867.757
368
$ 12,245,430
$ 12,245,430
1354867.757
369
$ 12,245,430
$ 12,245,430
1354867.757
370
$ 12,245,430
$ 12,245,430
1354867.757
371
$ 12,245,430
$ 12,245,430
1354867.757
372
$ 12,245,430
$ 12,245,430
1354867.757
373
$ 12,245,430
$ 12,245,430
1354867.757
374
$ 12,245,430
$ 12,245,430
1354867.757
375
$ 12,245,430
$ 12,245,430
1354867.757
376
$ 12,245,430
$ 12,245,430
1354867.757
377
$ 12,245,430
$ 12,245,430
1354867.757
378
$ 12,245,430
$ 12,245,430
1354867.757
379
$ 12,245,430
$ 12,245,430
1354867.757
380
$ 12,245,430
$ 12,245,430
1354867.757
381
$ 12,245,430
$ 12,245,430
1354867.757
382
$ 12,245,430
$ 12,245,430
1354867.757
383
$ 12,245,430
$ 12,245,430
1354867.757
384
$ 12,245,430
$ 12,245,430
1354867.757
385
$ 12,245,430
$ 12,245,430
1354867.757
386
$ 12,245,430
$ 12,245,430
1354867.757
387
$ 12,245,430
$ 12,245,430
1354867.757
388
$ 12,245,430
$ 12,245,430
1354867.757
389
$ 12,245,430
$ 12,245,430
1354867.757
390
$ 12,245,430
$ 12,245,430
1354867.757
391
$ 12,245,430
$ 12,245,430
1354867.757
392
$ 12,245,430
$ 12,245,430
1354867.757
393
$ 12,245,430
$ 12,245,430
1354867.757
394
$ 12,245,430
$ 12,245,430
1354867.757
395
$ 12,245,430
$ 12,245,430
1354867.757
396
$ 12,245,430
$ 12,245,430
1354867.757
397
$ 12,245,430
$ 12,245,430
1354867.757
398
$ 12,245,430
$ 12,245,430
1354867.757
399
$ 12,245,430
$ 12,245,430
1354867.757
400
$ 12,245,430
$ 12,245,430
1354867.757
401
$ 12,245,430
$ 12,245,430
1354867.757
402
$ 12,245,430
$ 12,245,430
1354867.757
403
$ 12,245,430
$ 12,245,430
1354867.757
404
$ 12,245,430
$ 12,245,430
1354867.757
405
$ 12,245,430
$ 12,245,430
1354867.757
406
$ 12,245,430
$ 12,245,430
1354867.757
407
$ 12,245,430
$ 12,245,430
1354867.757
408
$ 12,245,430
$ 12,245,430
1354867.757
409
$ 12,245,430
$ 12,245,430
1354867.757
410
$ 12,245,430
$ 12,245,430
1354867.757
411
$ 12,245,430
$ 12,245,430
1354867.757
412
$ 12,245,430
$ 12,245,430
1354867.757
413
$ 12,245,430
$ 12,245,430
1354867.757
414
$ 12,245,430
$ 12,245,430
1354867.757
415
$ 12,245,430
$ 12,245,430
1354867.757
416
$ 12,245,430
$ 12,245,430
1354867.757
417
$ 12,245,430
$ 12,245,430
1354867.757
418
$ 12,245,430
$ 12,245,430
1354867.757
419
$ 12,245,430
$ 12,245,430
1354867.757
420
$ 12,245,430
$ 12,245,430
1354867.757
421
$ 12,245,430
$ 12,245,430
1354867.757
422
$ 12,245,430
$ 12,245,430
1354867.757
423
$ 12,245,430
$ 12,245,430
1354867.757
424
$ 12,245,430
$ 12,245,430
1354867.757
425
$ 12,245,430
$ 12,245,430
1354867.757
426
$ 12,245,430
$ 12,245,430
1354867.757
427
$ 12,245,430
$ 12,245,430
1354867.757
428
$ 12,245,430
$ 12,245,430
1354867.757
429
$ 12,245,430
$ 12,245,430
1354867.757
430
$ 12,245,430
$ 12,245,430
1354867.757
431
$ 12,245,430
$ 12,245,430
1354867.757
432
$ 12,245,430
$ 12,245,430
1354867.757
433
$ 12,245,430
$ 12,245,430
1354867.757
434
$ 12,245,430
$ 12,245,430
1354867.757
435
$ 12,245,430
$ 12,245,430
1354867.757
436
$ 12,245,430
$ 12,245,430
1354867.757
437
$ 12,245,430
$ 12,245,430
1354867.757
438
$ 12,245,430
$ 12,245,430
1354867.757
439
$ 12,245,430
$ 12,245,430
1354867.757
440
$ 12,245,430
$ 12,245,430
1354867.757
441
$ 12,245,430
$ 12,245,430
1354867.757
442
$ 12,245,430
$ 12,245,430
1354867.757
443
$ 12,245,430
$ 12,245,430
1354867.757
444
$ 12,245,430
$ 12,245,430
1354867.757
445
$ 12,245,430
$ 12,245,430
1354867.757
446
$ 12,245,430
$ 12,245,430
1354867.757
447
$ 12,245,430
$ 12,245,430
1354867.757
448
$ 12,245,430
$ 12,245,430
1354867.757
449
$ 12,245,430
$ 12,245,430
1354867.757
450
$ 12,245,430
$ 12,245,430
1354867.757
451
$ 12,245,430
$ 12,245,430
1354867.757
452
$ 12,245,430
$ 12,245,430
1354867.757
453
$ 12,245,430
$ 12,245,430
1354867.757
454
$ 12,245,430
$ 12,245,430
1354867.757
455
$ 12,245,430
$ 12,245,430
1354867.757
456
$ 12,245,430
$ 12,245,430
1354867.757
457
$ 12,245,430
$ 12,245,430
1354867.757
458
$ 12,245,430
$ 12,245,430
1354867.757
459
$ 12,245,430
$ 12,245,430
1354867.757
460
$ 12,245,430
$ 12,245,430
1354867.757
461
$ 12,245,430
$ 12,245,430
1354867.757
462
$ 12,245,430
$ 12,245,430
1354867.757
463
$ 12,245,430
$ 12,245,430
1354867.757
464
$ 12,245,430
$ 12,245,430
1354867.757
465
$ 12,245,430
$ 12,245,430
1354867.757
466
$ 12,245,430
$ 12,245,430
1354867.757
467
$ 12,245,430
$ 12,245,430
1354867.757
468
$ 12,245,430
$ 12,245,430
1354867.757
469
$ 12,245,430
$ 12,245,430
1354867.757
470
$ 12,245,430
$ 12,245,430
1354867.757
471
$ 12,245,430
$ 12,245,430
1354867.757
472
$ 12,245,430
$ 12,245,430
1354867.757
473
$ 12,245,430
$ 12,245,430
1354867.757
474
$ 12,245,430
$ 12,245,430
1354867.757
475
$ 12,245,430
$ 12,245,430
1354867.757
476
$ 12,245,430
$ 12,245,430
1354867.757
477
$ 12,245,430
$ 12,245,430
1354867.757
478
$ 12,245,430
$ 12,245,430
1354867.757
479
$ 12,245,430
$ 12,245,430
1354867.757
480
$ 12,245,430
$ 12,245,430
1354867.757
481
$ 12,245,430
$ 12,245,430
1354867.757
482
$ 12,245,430
$ 12,245,430
1354867.757
483
$ 12,245,430
$ 12,245,430
1354867.757
484
$ 12,245,430
$ 12,245,430
1354867.757
485
$ 12,245,430
$ 12,245,430
1354867.757
486
$ 12,245,430
$ 12,245,430
1354867.757
487
$ 12,245,430
$ 12,245,430
1354867.757
488
$ 12,245,430
$ 12,245,430
1354867.757
489
$ 12,245,430
$ 12,245,430
1354867.757
490
$ 12,245,430
$ 12,245,430
1354867.757
491
$ 12,245,430
$ 12,245,430
1354867.757
492
$ 12,245,430
$ 12,245,430
1354867.757
493
$ 12,245,430
$ 12,245,430
1354867.757
494
$ 12,245,430
$ 12,245,430
1354867.757
495
$ 12,245,430
$ 12,245,430
1354867.757
496
$ 12,245,430
$ 12,245,430
1354867.757
497
$ 12,245,430
$ 12,245,430
1354867.757
498
$ 12,245,430
$ 12,245,430
1354867.757
499
$ 12,245,430
$ 12,245,430
1354867.757
500
$ 12,245,430
$ 12,245,430
1354867.757
501
$ 12,245,430
$ 12,245,430
1354867.757
502
$ 12,245,430
$ 12,245,430
1354867.757
503
$ 12,245,430
$ 12,245,430
1354867.757
504
$ 12,245,430
$ 12,245,430
1354867.757
505
$ 12,245,430
$ 12,245,430
1354867.757
506
$ 12,245,430
$ 12,245,430
1354867.757
507
$ 12,245,430
$ 12,245,430
1354867.757
508
$ 12,245,430
$ 12,245,430
1354867.757
509
$ 12,245,430
$ 12,245,430
1354867.757
510
$ 12,245,430
$ 12,245,430
1354867.757
511
$ 12,245,430
$ 12,245,430
1354867.757
512
$ 12,245,430
$ 12,245,430
1354867.757
513
$ 12,245,430
$ 12,245,430
1354867.757
514
$ 12,245,430
$ 12,245,430
1354867.757
515
$ 12,245,430
$ 12,245,430
1354867.757
516
$ 12,245,430
$ 12,245,430
1354867.757
517
$ 12,245,430
$ 12,245,430
1354867.757
518
$ 12,245,430
$ 12,245,430
1354867.757
519
$ 12,245,430
$ 12,245,430
1354867.757
520
$ 12,245,430
$ 12,245,430
1354867.757
521
$ 12,245,430
$ 12,245,430
1354867.757
522
$ 12,245,430
$ 12,245,430
1354867.757
523
$ 12,245,430
$ 12,245,430
1354867.757
524
$ 12,245,430
$ 12,245,430
1354867.757
525
$ 12,245,430
$ 12,245,430
1354867.757
526
$ 12,245,430
$ 12,245,430
1354867.757
527
$ 12,245,430
$ 12,245,430
1354867.757
528
$ 12,245,430
$ 12,245,430
1354867.757
529
$ 12,245,430
$ 12,245,430
1354867.757
530
$ 12,245,430
$ 12,245,430
1354867.757
531
$ 12,245,430
$ 12,245,430
1354867.757
532
$ 12,245,430
$ 12,245,430
1354867.757
533
$ 12,245,430
$ 12,245,430
1354867.757
534
$ 12,245,430
$ 12,245,430
1354867.757
535
$ 12,245,430
$ 12,245,430
1354867.757
536
$ 12,245,430
$ 12,245,430
1354867.757
537
$ 12,245,430
$ 12,245,430
1354867.757
538
$ 12,245,430
$ 12,245,430
1354867.757
539
$ 12,245,430
$ 12,245,430
1354867.757
540
$ 12,245,430
$ 12,245,430
1354867.757
541
$ 12,245,430
$ 12,245,430
1354867.757
542
$ 12,245,430
$ 12,245,430
1354867.757
543
$ 12,245,430
$ 12,245,430
1354867.757
544
$ 12,245,430
$ 12,245,430
1354867.757
545
$ 12,245,430
$ 12,245,430
1354867.757
546
$ 12,245,430
$ 12,245,430
1354867.757
547
$ 12,245,430
$ 12,245,430
1354867.757
548
$ 12,245,430
$ 12,245,430
1354867.757
549
$ 12,245,430
$ 12,245,430
1354867.757
550
$ 12,245,430
$ 12,245,430
1354867.757
551
$ 12,245,430
$ 12,245,430
1354867.757
552
$ 12,245,430
$ 12,245,430
1354867.757
553
$ 12,245,430
$ 12,245,430
1354867.757
554
$ 12,245,430
$ 12,245,430
1354867.757
555
$ 12,245,430
$ 12,245,430
1354867.757
556
$ 12,245,430
$ 12,245,430
1354867.757
557
$ 12,245,430
$ 12,245,430
1354867.757
558
$ 12,245,430
$ 12,245,430
1354867.757
559
$ 12,245,430
$ 12,245,430
1354867.757
560
$ 12,245,430
$ 12,245,430
1354867.757
561
$ 12,245,430
$ 12,245,430
1354867.757
562
$ 12,245,430
$ 12,245,430
1354867.757
563
$ 12,245,430
$ 12,245,430
1354867.757
564
$ 12,245,430
$ 12,245,430
1354867.757
565
$ 12,245,430
$ 12,245,430
1354867.757
566
$ 12,245,430
$ 12,245,430
1354867.757
567
$ 12,245,430
$ 12,245,430
1354867.757
568
$ 12,245,430
$ 12,245,430
1354867.757
569
$ 12,245,430
$ 12,245,430
1354867.757
570
$ 12,245,430
$ 12,245,430
1354867.757
571
$ 12,245,430
$ 12,245,430
1354867.757
572
$ 12,245,430
$ 12,245,430
1354867.757
573
$ 12,245,430
$ 12,245,430
1354867.757
574
$ 12,245,430
$ 12,245,430
1354867.757
575
$ 12,245,430
$ 12,245,430
1354867.757
576
$ 12,245,430
$ 12,245,430
1354867.757
577
$ 12,245,430
$ 12,245,430
1354867.757
578
$ 12,245,430
$ 12,245,430
1354867.757
579
$ 12,245,430
$ 12,245,430
1354867.757
580
$ 12,245,430
$ 12,245,430
1354867.757
581
$ 12,245,430
$ 12,245,430
1354867.757
582
$ 12,245,430
$ 12,245,430
1354867.757
583
$ 12,245,430
$ 12,245,430
1354867.757
584
$ 12,245,430
$ 12,245,430
1354867.757
585
$ 12,245,430
$ 12,245,430
1354867.757
586
$ 12,245,430
$ 12,245,430
1354867.757
587
$ 12,245,430
$ 12,245,430
1354867.757
588
$ 12,245,430
$ 12,245,430
1354867.757
589
$ 12,245,430
$ 12,245,430
1354867.757
590
$ 12,245,430
$ 12,245,430
1354867.757
591
$ 12,245,430
$ 12,245,430
1354867.757
592
$ 12,245,430
$ 12,245,430
1354867.757
593
$ 12,245,430
$ 12,245,430
1354867.757
594
$ 12,245,430
$ 12,245,430
1354867.757
595
$ 12,245,430
$ 12,245,430
1354867.757
596
$ 12,245,430
$ 12,245,430
1354867.757
597
$ 12,245,430
$ 12,245,430
1354867.757
598
$ 12,245,430
$ 12,245,430
1354867.757
599
$ 12,245,430
$ 12,245,430
1354867.757
600
$ 12,245,430
$ 12,245,430
1354867.757
601
$ 12,245,430
$ 12,245,430
1354867.757
602
$ 12,245,430
$ 12,245,430
1354867.757
603
$ 12,245,430
$ 12,245,430
1354867.757
604
$ 12,245,430
$ 12,245,430
1354867.757
605
$ 12,245,430
$ 12,245,430
1354867.757
606
$ 12,245,430
$ 12,245,430
1354867.757
607
$ 12,245,430
$ 12,245,430
1354867.757
608
$ 12,245,430
$ 12,245,430
1354867.757
609
$ 12,245,430
$ 12,245,430
1354867.757
610
$ 12,245,430
$ 12,245,430
1354867.757
611
$ 12,245,430
$ 12,245,430
1354867.757
612
$ 12,245,430
$ 12,245,430
1354867.757
613
$ 12,245,430
$ 12,245,430
1354867.757
614
$ 12,245,430
$ 12,245,430
1354867.757
615
$ 12,245,430
$ 12,245,430
1354867.757
616
$ 12,245,430
$ 12,245,430
1354867.757
617
$ 12,245,430
$ 12,245,430
1354867.757
618
$ 12,245,430
$ 12,245,430
1354867.757
619
$ 12,245,430
$ 12,245,430
1354867.757
620
$ 12,245,430
$ 12,245,430
1354867.757
621
$ 12,245,430
$ 12,245,430
1354867.757
622
$ 12,245,430
$ 12,245,430
1354867.757
623
$ 12,245,430
$ 12,245,430
1354867.757
624
$ 12,245,430
$ 12,245,430
1354867.757
625
$ 12,245,430
$ 12,245,430
1354867.757
626
$ 12,245,430
$ 12,245,430
1354867.757
627
$ 12,245,430
$ 12,245,430
1354867.757
628
$ 12,245,430
$ 12,245,430
1354867.757
629
$ 12,245,430
$ 12,245,430
1354867.757
630
$ 12,245,430
$ 12,245,430
1354867.757
631
$ 12,245,430
$ 12,245,430
1354867.757
632
$ 12,245,430
$ 12,245,430
1354867.757
633
$ 12,245,430
$ 12,245,430
1354867.757
634
$ 12,245,430
$ 12,245,430
1354867.757
635
$ 12,245,430
$ 12,245,430
1354867.757
636
$ 12,245,430
$ 12,245,430
1354867.757
637
$ 12,245,430
$ 12,245,430
1354867.757
638
$ 12,245,430
$ 12,245,430
1354867.757
639
$ 12,245,430
$ 12,245,430
1354867.757
640
$ 12,245,430
$ 12,245,430
1354867.757
641
$ 12,245,430
$ 12,245,430
1354867.757
642
$ 12,245,430
$ 12,245,430
1354867.757
643
$ 12,245,430
$ 12,245,430
1354867.757
644
$ 12,245,430
$ 12,245,430
1354867.757
645
$ 12,245,430
$ 12,245,430
1354867.757
646
$ 12,245,430
$ 12,245,430
1354867.757
647
$ 12,245,430
$ 12,245,430
1354867.757
648
$ 12,245,430
$ 12,245,430
1354867.757
649
$ 12,245,430
$ 12,245,430
1354867.757
650
$ 12,245,430
$ 12,245,430
1354867.757
651
$ 12,245,430
$ 12,245,430
1354867.757
652
$ 12,245,430
$ 12,245,430
1354867.757
653
$ 12,245,430
$ 12,245,430
1354867.757
654
$ 12,245,430
$ 12,245,430
1354867.757
655
$ 12,245,430
$ 12,245,430
1354867.757
656
$ 12,245,430
$ 12,245,430
1354867.757
657
$ 12,245,430
$ 12,245,430
1354867.757
658
$ 12,245,430
$ 12,245,430
1354867.757
659
$ 12,245,430
$ 12,245,430
1354867.757
660
$ 12,245,430
$ 12,245,430
1354867.757
661
$ 12,245,430
$ 12,245,430
1354867.757
662
$ 12,245,430
$ 12,245,430
1354867.757
663
$ 12,245,430
$ 12,245,430
1354867.757
664
$ 12,245,430
$ 12,245,430
1354867.757
665
$ 12,245,430
$ 12,245,430
1354867.757
666
$ 12,245,430
$ 12,245,430
1354867.757
667
$ 12,245,430
$ 12,245,430
1354867.757
668
$ 12,245,430
$ 12,245,430
1354867.757
669
$ 12,245,430
$ 12,245,430
1354867.757
670
$ 12,245,430
$ 12,245,430
1354867.757
671
$ 12,245,430
$ 12,245,430
1354867.757
672
$ 12,245,430
$ 12,245,430
1354867.757
673
$ 12,245,430
$ 12,245,430
1354867.757
674
$ 12,245,430
$ 12,245,430
1354867.757
675
$ 12,245,430
$ 12,245,430
1354867.757
676
$ 12,245,430
$ 12,245,430
1354867.757
677
$ 12,245,430
$ 12,245,430
1354867.757
678
$ 12,245,430
$ 12,245,430
1354867.757
679
$ 12,245,430
$ 12,245,430
1354867.757
680
$ 12,245,430
$ 12,245,430
1354867.757
681
$ 12,245,430
$ 12,245,430
1354867.757
682
$ 12,245,430
$ 12,245,430
1354867.757
683
$ 12,245,430
$ 12,245,430
1354867.757
684
$ 12,245,430
$ 12,245,430
1354867.757
685
$ 12,245,430
$ 12,245,430
1354867.757
686
$ 12,245,430
$ 12,245,430
1354867.757
687
$ 12,245,430
$ 12,245,430
1354867.757
688
$ 12,245,430
$ 12,245,430
1354867.757
689
$ 12,245,430
$ 12,245,430
1354867.757
690
$ 12,245,430
$ 12,245,430
1354867.757
691
$ 12,245,430
$ 12,245,430
1354867.757
692
$ 12,245,430
$ 12,245,430
1354867.757
693
$ 12,245,430
$ 12,245,430
1354867.757
694
$ 12,245,430
$ 12,245,430
1354867.757
695
$ 12,245,430
$ 12,245,430
1354867.757
696
$ 12,245,430
$ 12,245,430
1354867.757
697
$ 12,245,430
$ 12,245,430
1354867.757
698
$ 12,245,430
$ 12,245,430
1354867.757
699
$ 12,245,430
$ 12,245,430
1354867.757
700
$ 12,245,430
$ 12,245,430
1354867.757
701
$ 12,245,430
$ 12,245,430
1354867.757
702
$ 12,245,430
$ 12,245,430
1354867.757
703
$ 12,245,430
$ 12,245,430
1354867.757
704
$ 12,245,430
$ 12,245,430
1354867.757
705
$ 12,245,430
$ 12,245,430
1354867.757
706
$ 12,245,430
$ 12,245,430
1354867.757
707
$ 12,245,430
$ 12,245,430
1354867.757
708
$ 12,245,430
$ 12,245,430
1354867.757
709
$ 12,245,430
$ 12,245,430
1354867.757
710
$ 12,245,430
$ 12,245,430
1354867.757
711
$ 12,245,430
$ 12,245,430
1354867.757
712
$ 12,245,430
$ 12,245,430
1354867.757
713
$ 12,245,430
$ 12,245,430
1354867.757
714
$ 12,245,430
$ 12,245,430
1354867.757
715
$ 12,245,430
$ 12,245,430
1354867.757
716
$ 12,245,430
$ 12,245,430
1354867.757
717
$ 12,245,430
$ 12,245,430
1354867.757
718
$ 12,245,430
$ 12,245,430
1354867.757
719
$ 12,245,430
$ 12,245,430
1354867.757
720
$ 12,245,430
$ 12,245,430
1354867.757
721
$ 12,245,430
$ 12,245,430
1354867.757
722
$ 12,245,430
$ 12,245,430
1354867.757
723
$ 12,245,430
$ 12,245,430
1354867.757
724
$ 12,245,430
$ 12,245,430
1354867.757
725
$ 12,245,430
$ 12,245,430
1354867.757
726
$ 12,245,430
$ 12,245,430
1354867.757
727
$ 12,245,430
$ 12,245,430
1354867.757
728
$ 12,245,430
$ 12,245,430
1354867.757
729
$ 12,245,430
$ 12,245,430
1354867.757
730
$ 12,245,430
$ 12,245,430
1354867.757
731
$ 12,245,430
$ 12,245,430
1354867.757
732
$ 12,245,430
$ 12,245,430
1354867.757
733
$ 12,245,430
$ 12,245,430
1354867.757
734
$ 12,245,430
$ 12,245,430
1354867.757
735
$ 12,245,430
$ 12,245,430
1354867.757
736
$ 12,245,430
$ 12,245,430
1354867.757
737
$ 12,245,430
$ 12,245,430
1354867.757
738
$ 12,245,430
$ 12,245,430
1354867.757
739
$ 12,245,430
$ 12,245,430
1354867.757
740
$ 12,245,430
$ 12,245,430
1354867.757
741
$ 12,245,430
$ 12,245,430
1354867.757
742
$ 12,245,430
$ 12,245,430
1354867.757
743
$ 12,245,430
$ 12,245,430
1354867.757
744
$ 12,245,430
$ 12,245,430
1354867.757
745
$ 12,245,430
$ 12,245,430
1354867.757
746
$ 12,245,430
$ 12,245,430
1354867.757
747
$ 12,245,430
$ 12,245,430
1354867.757
748
$ 12,245,430
$ 12,245,430
1354867.757
749
$ 12,245,430
$ 12,245,430
1354867.757
750
$ 12,245,430
$ 12,245,430
1354867.757
751
$ 12,245,430
$ 12,245,430
1354867.757
752
$ 12,245,430
$ 12,245,430
1354867.757
753
$ 12,245,430
$ 12,245,430
1354867.757
754
$ 12,245,430
$ 12,245,430
1354867.757
755
$ 12,245,430
$ 12,245,430
1354867.757
756
$ 12,245,430
$ 12,245,430
1354867.757
757
$ 12,245,430
$ 12,245,430
1354867.757
758
$ 12,245,430
$ 12,245,430
1354867.757
759
$ 12,245,430
$ 12,245,430
1354867.757
760
$ 12,245,430
$ 12,245,430
1354867.757
761
$ 12,245,430
$ 12,245,430
1354867.757
762
$ 12,245,430
$ 12,245,430
1354867.757
763
$ 12,245,430
$ 12,245,430
1354867.757
764
$ 12,245,430
$ 12,245,430
1354867.757
765
$ 12,245,430
$ 12,245,430
1354867.757
766
$ 12,245,430
$ 12,245,430
1354867.757
767
$ 12,245,430
$ 12,245,430
1354867.757
768
$ 12,245,430
$ 12,245,430
1354867.757
769
$ 12,245,430
$ 12,245,430
1354867.757
770
$ 12,245,430
$ 12,245,430
1354867.757
771
$ 12,245,430
$ 12,245,430
1354867.757
772
$ 12,245,430
$ 12,245,430
1354867.757
773
$ 12,245,430
$ 12,245,430
1354867.757
774
$ 12,245,430
$ 12,245,430
1354867.757
775
$ 12,245,430
$ 12,245,430
1354867.757
776
$ 12,245,430
$ 12,245,430
1354867.757
777
$ 12,245,430
$ 12,245,430
1354867.757
778
$ 12,245,430
$ 12,245,430
1354867.757
779
$ 12,245,430
$ 12,245,430
1354867.757
780
$ 12,245,430
$ 12,245,430
1354867.757
781
$ 12,245,430
$ 12,245,430
1354867.757
782
$ 12,245,430
$ 12,245,430
1354867.757
783
$ 12,245,430
$ 12,245,430
1354867.757
784
$ 12,245,430
$ 12,245,430
1354867.757
785
$ 12,245,430
$ 12,245,430
1354867.757
786
$ 12,245,430
$ 12,245,430
1354867.757
787
$ 12,245,430
$ 12,245,430
1354867.757
788
$ 12,245,430
$ 12,245,430
1354867.757
789
$ 12,245,430
$ 12,245,430
1354867.757
790
$ 12,245,430
$ 12,245,430
1354867.757
791
$ 12,245,430
$ 12,245,430
1354867.757
792
$ 12,245,430
$ 12,245,430
1354867.757
793
$ 12,245,430
$ 12,245,430
1354867.757
794
$ 12,245,430
$ 12,245,430
1354867.757
795
$ 12,245,430
$ 12,245,430
1354867.757
796
$ 12,245,430
$ 12,245,430
1354867.757
797
$ 12,245,430
$ 12,245,430
1354867.757
798
$ 12,245,430
$ 12,245,430
1354867.757
799
$ 12,245,430
$ 12,245,430
1354867.757
800
$ 12,245,430
$ 12,245,430
1354867.757
801
$ 12,245,430
$ 12,245,430
1354867.757
802
$ 12,245,430
$ 12,245,430
1354867.757
803
$ 12,245,430
$ 12,245,430
1354867.757
804
$ 12,245,430
$ 12,245,430
1354867.757
805
$ 12,245,430
$ 12,245,430
1354867.757
806
$ 12,245,430
$ 12,245,430
1354867.757
807
$ 12,245,430
$ 12,245,430
1354867.757
808
$ 12,245,430
$ 12,245,430
1354867.757
809
$ 12,245,430
$ 12,245,430
1354867.757
810
$ 12,245,430
$ 12,245,430
1354867.757
811
$ 12,245,430
$ 12,245,430
1354867.757
812
$ 12,245,430
$ 12,245,430
1354867.757
813
$ 12,245,430
$ 12,245,430
1354867.757
814
$ 12,245,430
$ 12,245,430
1354867.757
815
$ 12,245,430
$ 12,245,430
1354867.757
816
$ 12,245,430
$ 12,245,430
1354867.757
817
$ 12,245,430
$ 12,245,430
1354867.757
818
$ 12,245,430
$ 12,245,430
1354867.757
819
$ 12,245,430
$ 12,245,430
1354867.757
820
$ 12,245,430
$ 12,245,430
1354867.757
821
$ 12,245,430
$ 12,245,430
1354867.757
822
$ 12,245,430
$ 12,245,430
1354867.757
823
$ 12,245,430
$ 12,245,430
1354867.757
824
$ 12,245,430
$ 12,245,430
1354867.757
825
$ 12,245,430
$ 12,245,430
1354867.757
826
$ 12,245,430
$ 12,245,430
1354867.757
827
$ 12,245,430
$ 12,245,430
1354867.757
828
$ 12,245,430
$ 12,245,430
1354867.757
829
$ 12,245,430
$ 12,245,430
1354867.757
830
$ 12,245,430
$ 12,245,430
1354867.757
831
$ 12,245,430
$ 12,245,430
1354867.757
832
$ 12,245,430
$ 12,245,430
1354867.757
833
$ 12,245,430
$ 12,245,430
1354867.757
834
$ 12,245,430
$ 12,245,430
1354867.757
835
$ 12,245,430
$ 12,245,430
1354867.757
836
$ 12,245,430
$ 12,245,430
1354867.757
837
$ 12,245,430
$ 12,245,430
1354867.757
838
$ 12,245,430
$ 12,245,430
1354867.757
839
$ 12,245,430
$ 12,245,430
1354867.757
840
$ 12,245,430
$ 12,245,430
1354867.757
841
$ 12,245,430
$ 12,245,430
1354867.757
842
$ 12,245,430
$ 12,245,430
1354867.757
843
$ 12,245,430
$ 12,245,430
1354867.757
844
$ 12,245,430
$ 12,245,430
1354867.757
845
$ 12,245,430
$ 12,245,430
1354867.757
846
$ 12,245,430
$ 12,245,430
1354867.757
847
$ 12,245,430
$ 12,245,430
1354867.757
848
$ 12,245,430
$ 12,245,430
1354867.757
849
$ 12,245,430
$ 12,245,430
1354867.757
850
$ 12,245,430
$ 12,245,430
1354867.757
851
$ 12,245,430
$ 12,245,430
1354867.757
852
$ 12,245,430
$ 12,245,430
1354867.757
853
$ 12,245,430
$ 12,245,430
1354867.757
854
$ 12,245,430
$ 12,245,430
1354867.757
855
$ 12,245,430
$ 12,245,430
1354867.757
856
$ 12,245,430
$ 12,245,430
1354867.757
857
$ 12,245,430
$ 12,245,430
1354867.757
858
$ 12,245,430
$ 12,245,430
1354867.757
859
$ 12,245,430
$ 12,245,430
1354867.757
860
$ 12,245,430
$ 12,245,430
1354867.757
861
$ 12,245,430
$ 12,245,430
1354867.757
862
$ 12,245,430
$ 12,245,430
1354867.757
863
$ 12,245,430
$ 12,245,430
1354867.757
864
$ 12,245,430
$ 12,245,430
1354867.757
865
$ 12,245,430
$ 12,245,430
1354867.757
866
$ 12,245,430
$ 12,245,430
1354867.757
867
$ 12,245,430
$ 12,245,430
1354867.757
868
$ 12,245,430
$ 12,245,430
1354867.757
869
$ 12,245,430
$ 12,245,430
1354867.757
870
$ 12,245,430
$ 12,245,430
1354867.757
871
$ 12,245,430
$ 12,245,430
1354867.757
872
$ 12,245,430
$ 12,245,430
1354867.757
873
$ 12,245,430
$ 12,245,430
1354867.757
874
$ 12,245,430
$ 12,245,430
1354867.757
875
$ 12,245,430
$ 12,245,430
1354867.757
876
$ 12,245,430
$ 12,245,430
1354867.757
877
$ 12,245,430
$ 12,245,430
1354867.757
878
$ 12,245,430
$ 12,245,430
1354867.757
879
$ 12,245,430
$ 12,245,430
1354867.757
880
$ 12,245,430
$ 12,245,430
1354867.757
881
$ 12,245,430
$ 12,245,430
1354867.757
882
$ 12,245,430
$ 12,245,430
1354867.757
883
$ 12,245,430
$ 12,245,430
1354867.757
884
$ 12,245,430
$ 12,245,430
1354867.757
885
$ 12,245,430
$ 12,245,430
1354867.757
886
$ 12,245,430
$ 12,245,430
1354867.757
887
$ 12,245,430
$ 12,245,430
1354867.757
888
$ 12,245,430
$ 12,245,430
1354867.757
889
$ 12,245,430
$ 12,245,430
1354867.757
890
$ 12,245,430
$ 12,245,430
1354867.757
891
$ 12,245,430
$ 12,245,430
1354867.757
892
$ 12,245,430
$ 12,245,430
1354867.757
893
$ 12,245,430
$ 12,245,430
1354867.757
894
$ 12,245,430
$ 12,245,430
1354867.757
895
$ 12,245,430
$ 12,245,430
1354867.757
896
$ 12,245,430
$ 12,245,430
1354867.757
897
$ 12,245,430
$ 12,245,430
1354867.757
898
$ 12,245,430
$ 12,245,430
1354867.757
899
$ 12,245,430
$ 12,245,430
1354867.757
900
$ 12,245,430
$ 12,245,430
1354867.757
901
$ 12,245,430
$ 12,245,430
1354867.757
902
$ 12,245,430
$ 12,245,430
1354867.757
903
$ 12,245,430
$ 12,245,430
1354867.757
904
$ 12,245,430
$ 12,245,430
1354867.757
905
$ 12,245,430
$ 12,245,430
1354867.757
906
$ 12,245,430
$ 12,245,430
1354867.757
907
$ 12,245,430
$ 12,245,430
1354867.757
908
$ 12,245,430
$ 12,245,430
1354867.757
909
$ 12,245,430
$ 12,245,430
1354867.757
910
$ 12,245,430
$ 12,245,430
1354867.757
911
$ 12,245,430
$ 12,245,430
1354867.757
912
$ 12,245,430
$ 12,245,430
1354867.757
913
$ 12,245,430
$ 12,245,430
1354867.757
914
$ 12,245,430
$ 12,245,430
1354867.757
915
$ 12,245,430
$ 12,245,430
1354867.757
916
$ 12,245,430
$ 12,245,430
1354867.757
917
$ 12,245,430
$ 12,245,430
1354867.757
918
$ 12,245,430
$ 12,245,430
1354867.757
919
$ 12,245,430
$ 12,245,430
1354867.757
920
$ 12,245,430
$ 12,245,430
1354867.757
921
$ 12,245,430
$ 12,245,430
1354867.757
922
$ 12,245,430
$ 12,245,430
1354867.757
923
$ 12,245,430
$ 12,245,430
1354867.757
924
$ 12,245,430
$ 12,245,430
1354867.757
925
$ 12,245,430
$ 12,245,430
1354867.757
926
$ 12,245,430
$ 12,245,430
1354867.757
927
$ 12,245,430
$ 12,245,430
1354867.757
928
$ 12,245,430
$ 12,245,430
1354867.757
929
$ 12,245,430
$ 12,245,430
1354867.757
930
$ 12,245,430
$ 12,245,430
1354867.757
931
$ 12,245,430
$ 12,245,430
1354867.757
932
$ 12,245,430
$ 12,245,430
1354867.757
933
$ 12,245,430
$ 12,245,430
1354867.757
934
$ 12,245,430
$ 12,245,430
1354867.757
935
$ 12,245,430
$ 12,245,430
1354867.757
936
$ 12,245,430
$ 12,245,430
1354867.757
937
$ 12,245,430
$ 12,245,430
1354867.757
938
$ 12,245,430
$ 12,245,430
1354867.757
939
$ 12,245,430
$ 12,245,430
1354867.757
940
$ 12,245,430
$ 12,245,430
1354867.757
941
$ 12,245,430
$ 12,245,430
1354867.757
942
$ 12,245,430
$ 12,245,430
1354867.757
943
$ 12,245,430
$ 12,245,430
1354867.757
944
$ 12,245,430
$ 12,245,430
1354867.757
945
$ 12,245,430
$ 12,245,430
1354867.757
946
$ 12,245,430
$ 12,245,430
1354867.757
947
$ 12,245,430
$ 12,245,430
1354867.757
948
$ 12,245,430
$ 12,245,430
1354867.757
949
$ 12,245,430
$ 12,245,430
1354867.757
950
$ 12,245,430
$ 12,245,430
1354867.757
951
$ 12,245,430
$ 12,245,430
1354867.757
952
$ 12,245,430
$ 12,245,430
1354867.757
953
$ 12,245,430
$ 12,245,430
1354867.757
954
$ 12,245,430
$ 12,245,430
1354867.757
955
$ 12,245,430
$ 12,245,430
1354867.757
956
$ 12,245,430
$ 12,245,430
1354867.757
957
$ 12,245,430
$ 12,245,430
1354867.757
958
$ 12,245,430
$ 12,245,430
1354867.757
959
$ 12,245,430
$ 12,245,430
1354867.757
960
$ 12,245,430
$ 12,245,430
1354867.757
961
$ 12,245,430
$ 12,245,430
1354867.757
962
$ 12,245,430
$ 12,245,430
1354867.757
963
$ 12,245,430
$ 12,245,430
1354867.757
964
$ 12,245,430
$ 12,245,430
1354867.757
965
$ 12,245,430
$ 12,245,430
1354867.757
966
$ 12,245,430
$ 12,245,430
1354867.757
967
$ 12,245,430
$ 12,245,430
1354867.757
968
$ 12,245,430
$ 12,245,430
1354867.757
969
$ 12,245,430
$ 12,245,430
1354867.757
970
$ 12,245,430
$ 12,245,430
1354867.757
971
$ 12,245,430
$ 12,245,430
1354867.757
972
$ 12,245,430
$ 12,245,430
1354867.757
973
$ 12,245,430
$ 12,245,430
1354867.757
974
$ 12,245,430
$ 12,245,430
1354867.757
975
$ 12,245,430
$ 12,245,430
1354867.757
976
$ 12,245,430
$ 12,245,430
1354867.757
977
$ 12,245,430
$ 12,245,430
1354867.757
978
$ 12,245,430
$ 12,245,430
1354867.757
979
$ 12,245,430
$ 12,245,430
1354867.757
980
$ 12,245,430
$ 12,245,430
1354867.757
981
$ 12,245,430
$ 12,245,430
1354867.757
982
$ 12,245,430
$ 12,245,430
1354867.757
983
$ 12,245,430
$ 12,245,430
1354867.757
984
$ 12,245,430
$ 12,245,430
1354867.757
985
$ 12,245,430
$ 12,245,430
1354867.757
986
$ 12,245,430
$ 12,245,430
1354867.757
987
$ 12,245,430
$ 12,245,430
1354867.757
988
$ 12,245,430
$ 12,245,430
1354867.757
989
$ 12,245,430
$ 12,245,430
1354867.757
990
$ 12,245,430
$ 12,245,430
1354867.757
991
$ 12,245,430
$ 12,245,430
1354867.757
992
$ 12,245,430
$ 12,245,430
1354867.757
993
$ 12,245,430
$ 12,245,430
1354867.757
994
$ 12,245,430
$ 12,245,430
1354867.757
995
$ 12,245,430
$ 12,245,430
1354867.757
996
$ 12,245,430
$ 12,245,430
1354867.757
997
$ 12,245,430
$ 12,245,430
1354867.757
998
$ 12,245,430
$ 12,245,430
1354867.757
999
$ 12,245,430
$ 12,245,430
1354867.757
1000
$ 12,245,430
$ 12,245,430
1354867.757
IL DEL RIESGO PARA LA EVALUACION FINANCIERA DEL PROYECTO
Financiero
PROBABILIDAD VPN < $ 0
0.00%
$ 12,245,430
PROBABILIDAD VPN > $ 0
100.00%
DISTRIBUCION DE FRECUENCIAS PARA LA SIMULACION DEL VPN
1000
0
0
0
0
0
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
0
$12,245,430
$12,245,430
0
$12,245,430
0
$12,245,430
0
$12,245,430
0 $12,245,430
$ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430 $ 12,245,430
Series1
ULACION DELVALOR PRESENTE NETO Area Para X<=$0
Clases
TablaFrec%
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
1000
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
$ 12,245,430
0
CUENCIAS PARA LA SIMULACION DEL VPN
0
0
0
0
0
0
0
0
0
0
0
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
$12,245,430
RESULTADOS DE LA SIMULACION ESTADISTICA DESCRIPTIVA
VPN Financiero Promedio
$ 12,245,430
Desviacion Estandar VPN
$0
VPN Maximo
$ 12,245,430
VPN Minimo
$ 12,245,430
PERFIL DEL RIESGO PAR
INDICADOR
Economico
TASA INTERNA DE RETORNO
11.48%
DISTRIBUCION NORMAL PARA LA SIMULACION DE LA TIR Area Para X<=16%
TIR Muestra 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50%
TIR Distribucion Normal
Area TIR
Percentile
TIR Estimado
16.00%
40.00%
19.50%
Simulaciones
1,000
Simulaciones
TIR Esperado
TIR Muestra
1
19.50%
19.50%
1.91093E+14
2
19.50%
19.50%
1.91093E+14
3
19.50%
19.50%
1.91093E+14
4
19.50%
19.50%
1.91093E+14
5
19.50%
19.50%
1.91093E+14
6
19.50%
19.50%
1.91093E+14
7
19.50%
19.50%
1.91093E+14
8
19.50%
19.50%
1.91093E+14
9
19.50%
19.50%
1.91093E+14
10
19.50%
19.50%
1.91093E+14
11
19.50%
19.50%
1.91093E+14
12
19.50%
19.50%
1.91093E+14
13
19.50%
19.50%
1.91093E+14
14
19.50%
19.50%
1.91093E+14
15
19.50%
19.50%
1.91093E+14
16
19.50%
19.50%
1.91093E+14
17
19.50%
19.50%
1.91093E+14
18
19.50%
19.50%
1.91093E+14
19
19.50%
19.50%
1.91093E+14
20
19.50%
19.50%
1.91093E+14
21
19.50%
19.50%
1.91093E+14
22
19.50%
19.50%
1.91093E+14
23
19.50%
19.50%
1.91093E+14
24
19.50%
19.50%
1.91093E+14
SIMULACION DE LA TASA INTERNA D TIR Distribucion Normal
25
19.50%
19.50%
1.91093E+14
26
19.50%
19.50%
1.91093E+14
27
19.50%
19.50%
1.91093E+14
28
19.50%
19.50%
1.91093E+14
29
19.50%
19.50%
1.91093E+14
30
19.50%
19.50%
1.91093E+14
31
19.50%
19.50%
1.91093E+14
32
19.50%
19.50%
1.91093E+14
33
19.50%
19.50%
1.91093E+14
34
19.50%
19.50%
1.91093E+14
35
19.50%
19.50%
1.91093E+14
36
19.50%
19.50%
1.91093E+14
37
19.50%
19.50%
1.91093E+14
38
19.50%
19.50%
1.91093E+14
39
19.50%
19.50%
1.91093E+14
40
19.50%
19.50%
1.91093E+14
41
19.50%
19.50%
1.91093E+14
42
19.50%
19.50%
1.91093E+14
43
19.50%
19.50%
1.91093E+14
44
19.50%
19.50%
1.91093E+14
45
19.50%
19.50%
1.91093E+14
46
19.50%
19.50%
1.91093E+14
47
19.50%
19.50%
1.91093E+14
48
19.50%
19.50%
1.91093E+14
49
19.50%
19.50%
1.91093E+14
50
19.50%
19.50%
1.91093E+14
51
19.50%
19.50%
1.91093E+14
52
19.50%
19.50%
1.91093E+14
53
19.50%
19.50%
1.91093E+14
54
19.50%
19.50%
1.91093E+14
55
19.50%
19.50%
1.91093E+14
56
19.50%
19.50%
1.91093E+14
57
19.50%
19.50%
1.91093E+14
58
19.50%
19.50%
1.91093E+14
59
19.50%
19.50%
1.91093E+14
60
19.50%
19.50%
1.91093E+14
61
19.50%
19.50%
1.91093E+14
62
19.50%
19.50%
1.91093E+14
63
19.50%
19.50%
1.91093E+14
64
19.50%
19.50%
1.91093E+14
65
19.50%
19.50%
1.91093E+14
66
19.50%
19.50%
1.91093E+14
67
19.50%
19.50%
1.91093E+14
68
19.50%
19.50%
1.91093E+14
69
19.50%
19.50%
1.91093E+14
70
19.50%
19.50%
1.91093E+14
71
19.50%
19.50%
1.91093E+14
72
19.50%
19.50%
1.91093E+14
73
19.50%
19.50%
1.91093E+14
74
19.50%
19.50%
1.91093E+14
75
19.50%
19.50%
1.91093E+14
76
19.50%
19.50%
1.91093E+14
77
19.50%
19.50%
1.91093E+14
78
19.50%
19.50%
1.91093E+14
79
19.50%
19.50%
1.91093E+14
80
19.50%
19.50%
1.91093E+14
81
19.50%
19.50%
1.91093E+14
82
19.50%
19.50%
1.91093E+14
83
19.50%
19.50%
1.91093E+14
84
19.50%
19.50%
1.91093E+14
85
19.50%
19.50%
1.91093E+14
86
19.50%
19.50%
1.91093E+14
87
19.50%
19.50%
1.91093E+14
88
19.50%
19.50%
1.91093E+14
89
19.50%
19.50%
1.91093E+14
90
19.50%
19.50%
1.91093E+14
91
19.50%
19.50%
1.91093E+14
92
19.50%
19.50%
1.91093E+14
93
19.50%
19.50%
1.91093E+14
94
19.50%
19.50%
1.91093E+14
95
19.50%
19.50%
1.91093E+14
96
19.50%
19.50%
1.91093E+14
97
19.50%
19.50%
1.91093E+14
98
19.50%
19.50%
1.91093E+14
99
19.50%
19.50%
1.91093E+14
100
19.50%
19.50%
1.91093E+14
101
19.50%
19.50%
1.91093E+14
102
19.50%
19.50%
1.91093E+14
103
19.50%
19.50%
1.91093E+14
104
19.50%
19.50%
1.91093E+14
105
19.50%
19.50%
1.91093E+14
106
19.50%
19.50%
1.91093E+14
107
19.50%
19.50%
1.91093E+14
108
19.50%
19.50%
1.91093E+14
109
19.50%
19.50%
1.91093E+14
110
19.50%
19.50%
1.91093E+14
111
19.50%
19.50%
1.91093E+14
112
19.50%
19.50%
1.91093E+14
113
19.50%
19.50%
1.91093E+14
114
19.50%
19.50%
1.91093E+14
115
19.50%
19.50%
1.91093E+14
116
19.50%
19.50%
1.91093E+14
117
19.50%
19.50%
1.91093E+14
118
19.50%
19.50%
1.91093E+14
119
19.50%
19.50%
1.91093E+14
120
19.50%
19.50%
1.91093E+14
121
19.50%
19.50%
1.91093E+14
122
19.50%
19.50%
1.91093E+14
123
19.50%
19.50%
1.91093E+14
124
19.50%
19.50%
1.91093E+14
125
19.50%
19.50%
1.91093E+14
126
19.50%
19.50%
1.91093E+14
127
19.50%
19.50%
1.91093E+14
128
19.50%
19.50%
1.91093E+14
129
19.50%
19.50%
1.91093E+14
130
19.50%
19.50%
1.91093E+14
131
19.50%
19.50%
1.91093E+14
132
19.50%
19.50%
1.91093E+14
133
19.50%
19.50%
1.91093E+14
134
19.50%
19.50%
1.91093E+14
135
19.50%
19.50%
1.91093E+14
136
19.50%
19.50%
1.91093E+14
137
19.50%
19.50%
1.91093E+14
138
19.50%
19.50%
1.91093E+14
139
19.50%
19.50%
1.91093E+14
140
19.50%
19.50%
1.91093E+14
141
19.50%
19.50%
1.91093E+14
142
19.50%
19.50%
1.91093E+14
143
19.50%
19.50%
1.91093E+14
144
19.50%
19.50%
1.91093E+14
145
19.50%
19.50%
1.91093E+14
146
19.50%
19.50%
1.91093E+14
147
19.50%
19.50%
1.91093E+14
148
19.50%
19.50%
1.91093E+14
149
19.50%
19.50%
1.91093E+14
150
19.50%
19.50%
1.91093E+14
151
19.50%
19.50%
1.91093E+14
152
19.50%
19.50%
1.91093E+14
153
19.50%
19.50%
1.91093E+14
154
19.50%
19.50%
1.91093E+14
155
19.50%
19.50%
1.91093E+14
156
19.50%
19.50%
1.91093E+14
157
19.50%
19.50%
1.91093E+14
158
19.50%
19.50%
1.91093E+14
159
19.50%
19.50%
1.91093E+14
160
19.50%
19.50%
1.91093E+14
161
19.50%
19.50%
1.91093E+14
162
19.50%
19.50%
1.91093E+14
163
19.50%
19.50%
1.91093E+14
164
19.50%
19.50%
1.91093E+14
165
19.50%
19.50%
1.91093E+14
166
19.50%
19.50%
1.91093E+14
167
19.50%
19.50%
1.91093E+14
168
19.50%
19.50%
1.91093E+14
169
19.50%
19.50%
1.91093E+14
170
19.50%
19.50%
1.91093E+14
171
19.50%
19.50%
1.91093E+14
172
19.50%
19.50%
1.91093E+14
173
19.50%
19.50%
1.91093E+14
174
19.50%
19.50%
1.91093E+14
175
19.50%
19.50%
1.91093E+14
176
19.50%
19.50%
1.91093E+14
177
19.50%
19.50%
1.91093E+14
178
19.50%
19.50%
1.91093E+14
179
19.50%
19.50%
1.91093E+14
180
19.50%
19.50%
1.91093E+14
181
19.50%
19.50%
1.91093E+14
182
19.50%
19.50%
1.91093E+14
183
19.50%
19.50%
1.91093E+14
184
19.50%
19.50%
1.91093E+14
185
19.50%
19.50%
1.91093E+14
186
19.50%
19.50%
1.91093E+14
187
19.50%
19.50%
1.91093E+14
188
19.50%
19.50%
1.91093E+14
189
19.50%
19.50%
1.91093E+14
190
19.50%
19.50%
1.91093E+14
191
19.50%
19.50%
1.91093E+14
192
19.50%
19.50%
1.91093E+14
193
19.50%
19.50%
1.91093E+14
194
19.50%
19.50%
1.91093E+14
195
19.50%
19.50%
1.91093E+14
196
19.50%
19.50%
1.91093E+14
197
19.50%
19.50%
1.91093E+14
198
19.50%
19.50%
1.91093E+14
199
19.50%
19.50%
1.91093E+14
200
19.50%
19.50%
1.91093E+14
201
19.50%
19.50%
1.91093E+14
202
19.50%
19.50%
1.91093E+14
203
19.50%
19.50%
1.91093E+14
204
19.50%
19.50%
1.91093E+14
205
19.50%
19.50%
1.91093E+14
206
19.50%
19.50%
1.91093E+14
207
19.50%
19.50%
1.91093E+14
208
19.50%
19.50%
1.91093E+14
209
19.50%
19.50%
1.91093E+14
210
19.50%
19.50%
1.91093E+14
211
19.50%
19.50%
1.91093E+14
212
19.50%
19.50%
1.91093E+14
213
19.50%
19.50%
1.91093E+14
214
19.50%
19.50%
1.91093E+14
215
19.50%
19.50%
1.91093E+14
216
19.50%
19.50%
1.91093E+14
217
19.50%
19.50%
1.91093E+14
218
19.50%
19.50%
1.91093E+14
219
19.50%
19.50%
1.91093E+14
220
19.50%
19.50%
1.91093E+14
221
19.50%
19.50%
1.91093E+14
222
19.50%
19.50%
1.91093E+14
223
19.50%
19.50%
1.91093E+14
224
19.50%
19.50%
1.91093E+14
225
19.50%
19.50%
1.91093E+14
226
19.50%
19.50%
1.91093E+14
227
19.50%
19.50%
1.91093E+14
228
19.50%
19.50%
1.91093E+14
229
19.50%
19.50%
1.91093E+14
230
19.50%
19.50%
1.91093E+14
231
19.50%
19.50%
1.91093E+14
232
19.50%
19.50%
1.91093E+14
233
19.50%
19.50%
1.91093E+14
234
19.50%
19.50%
1.91093E+14
235
19.50%
19.50%
1.91093E+14
236
19.50%
19.50%
1.91093E+14
237
19.50%
19.50%
1.91093E+14
238
19.50%
19.50%
1.91093E+14
239
19.50%
19.50%
1.91093E+14
240
19.50%
19.50%
1.91093E+14
241
19.50%
19.50%
1.91093E+14
242
19.50%
19.50%
1.91093E+14
243
19.50%
19.50%
1.91093E+14
244
19.50%
19.50%
1.91093E+14
245
19.50%
19.50%
1.91093E+14
246
19.50%
19.50%
1.91093E+14
247
19.50%
19.50%
1.91093E+14
248
19.50%
19.50%
1.91093E+14
249
19.50%
19.50%
1.91093E+14
250
19.50%
19.50%
1.91093E+14
251
19.50%
19.50%
1.91093E+14
252
19.50%
19.50%
1.91093E+14
253
19.50%
19.50%
1.91093E+14
254
19.50%
19.50%
1.91093E+14
255
19.50%
19.50%
1.91093E+14
256
19.50%
19.50%
1.91093E+14
257
19.50%
19.50%
1.91093E+14
258
19.50%
19.50%
1.91093E+14
259
19.50%
19.50%
1.91093E+14
260
19.50%
19.50%
1.91093E+14
261
19.50%
19.50%
1.91093E+14
262
19.50%
19.50%
1.91093E+14
263
19.50%
19.50%
1.91093E+14
264
19.50%
19.50%
1.91093E+14
265
19.50%
19.50%
1.91093E+14
266
19.50%
19.50%
1.91093E+14
267
19.50%
19.50%
1.91093E+14
268
19.50%
19.50%
1.91093E+14
269
19.50%
19.50%
1.91093E+14
270
19.50%
19.50%
1.91093E+14
271
19.50%
19.50%
1.91093E+14
272
19.50%
19.50%
1.91093E+14
273
19.50%
19.50%
1.91093E+14
274
19.50%
19.50%
1.91093E+14
275
19.50%
19.50%
1.91093E+14
276
19.50%
19.50%
1.91093E+14
277
19.50%
19.50%
1.91093E+14
278
19.50%
19.50%
1.91093E+14
279
19.50%
19.50%
1.91093E+14
280
19.50%
19.50%
1.91093E+14
281
19.50%
19.50%
1.91093E+14
282
19.50%
19.50%
1.91093E+14
283
19.50%
19.50%
1.91093E+14
284
19.50%
19.50%
1.91093E+14
285
19.50%
19.50%
1.91093E+14
286
19.50%
19.50%
1.91093E+14
287
19.50%
19.50%
1.91093E+14
288
19.50%
19.50%
1.91093E+14
289
19.50%
19.50%
1.91093E+14
290
19.50%
19.50%
1.91093E+14
291
19.50%
19.50%
1.91093E+14
292
19.50%
19.50%
1.91093E+14
293
19.50%
19.50%
1.91093E+14
294
19.50%
19.50%
1.91093E+14
295
19.50%
19.50%
1.91093E+14
296
19.50%
19.50%
1.91093E+14
297
19.50%
19.50%
1.91093E+14
298
19.50%
19.50%
1.91093E+14
299
19.50%
19.50%
1.91093E+14
300
19.50%
19.50%
1.91093E+14
301
19.50%
19.50%
1.91093E+14
302
19.50%
19.50%
1.91093E+14
303
19.50%
19.50%
1.91093E+14
304
19.50%
19.50%
1.91093E+14
305
19.50%
19.50%
1.91093E+14
306
19.50%
19.50%
1.91093E+14
307
19.50%
19.50%
1.91093E+14
308
19.50%
19.50%
1.91093E+14
309
19.50%
19.50%
1.91093E+14
310
19.50%
19.50%
1.91093E+14
311
19.50%
19.50%
1.91093E+14
312
19.50%
19.50%
1.91093E+14
313
19.50%
19.50%
1.91093E+14
314
19.50%
19.50%
1.91093E+14
315
19.50%
19.50%
1.91093E+14
316
19.50%
19.50%
1.91093E+14
317
19.50%
19.50%
1.91093E+14
318
19.50%
19.50%
1.91093E+14
319
19.50%
19.50%
1.91093E+14
320
19.50%
19.50%
1.91093E+14
321
19.50%
19.50%
1.91093E+14
322
19.50%
19.50%
1.91093E+14
323
19.50%
19.50%
1.91093E+14
324
19.50%
19.50%
1.91093E+14
325
19.50%
19.50%
1.91093E+14
326
19.50%
19.50%
1.91093E+14
327
19.50%
19.50%
1.91093E+14
328
19.50%
19.50%
1.91093E+14
329
19.50%
19.50%
1.91093E+14
330
19.50%
19.50%
1.91093E+14
331
19.50%
19.50%
1.91093E+14
332
19.50%
19.50%
1.91093E+14
333
19.50%
19.50%
1.91093E+14
334
19.50%
19.50%
1.91093E+14
335
19.50%
19.50%
1.91093E+14
336
19.50%
19.50%
1.91093E+14
337
19.50%
19.50%
1.91093E+14
338
19.50%
19.50%
1.91093E+14
339
19.50%
19.50%
1.91093E+14
340
19.50%
19.50%
1.91093E+14
341
19.50%
19.50%
1.91093E+14
342
19.50%
19.50%
1.91093E+14
343
19.50%
19.50%
1.91093E+14
344
19.50%
19.50%
1.91093E+14
345
19.50%
19.50%
1.91093E+14
346
19.50%
19.50%
1.91093E+14
347
19.50%
19.50%
1.91093E+14
348
19.50%
19.50%
1.91093E+14
349
19.50%
19.50%
1.91093E+14
350
19.50%
19.50%
1.91093E+14
351
19.50%
19.50%
1.91093E+14
352
19.50%
19.50%
1.91093E+14
353
19.50%
19.50%
1.91093E+14
354
19.50%
19.50%
1.91093E+14
355
19.50%
19.50%
1.91093E+14
356
19.50%
19.50%
1.91093E+14
357
19.50%
19.50%
1.91093E+14
358
19.50%
19.50%
1.91093E+14
359
19.50%
19.50%
1.91093E+14
360
19.50%
19.50%
1.91093E+14
361
19.50%
19.50%
1.91093E+14
362
19.50%
19.50%
1.91093E+14
363
19.50%
19.50%
1.91093E+14
364
19.50%
19.50%
1.91093E+14
365
19.50%
19.50%
1.91093E+14
366
19.50%
19.50%
1.91093E+14
367
19.50%
19.50%
1.91093E+14
368
19.50%
19.50%
1.91093E+14
369
19.50%
19.50%
1.91093E+14
370
19.50%
19.50%
1.91093E+14
371
19.50%
19.50%
1.91093E+14
372
19.50%
19.50%
1.91093E+14
373
19.50%
19.50%
1.91093E+14
374
19.50%
19.50%
1.91093E+14
375
19.50%
19.50%
1.91093E+14
376
19.50%
19.50%
1.91093E+14
377
19.50%
19.50%
1.91093E+14
378
19.50%
19.50%
1.91093E+14
379
19.50%
19.50%
1.91093E+14
380
19.50%
19.50%
1.91093E+14
381
19.50%
19.50%
1.91093E+14
382
19.50%
19.50%
1.91093E+14
383
19.50%
19.50%
1.91093E+14
384
19.50%
19.50%
1.91093E+14
385
19.50%
19.50%
1.91093E+14
386
19.50%
19.50%
1.91093E+14
387
19.50%
19.50%
1.91093E+14
388
19.50%
19.50%
1.91093E+14
389
19.50%
19.50%
1.91093E+14
390
19.50%
19.50%
1.91093E+14
391
19.50%
19.50%
1.91093E+14
392
19.50%
19.50%
1.91093E+14
393
19.50%
19.50%
1.91093E+14
394
19.50%
19.50%
1.91093E+14
395
19.50%
19.50%
1.91093E+14
396
19.50%
19.50%
1.91093E+14
397
19.50%
19.50%
1.91093E+14
398
19.50%
19.50%
1.91093E+14
399
19.50%
19.50%
1.91093E+14
400
19.50%
19.50%
1.91093E+14
401
19.50%
19.50%
1.91093E+14
402
19.50%
19.50%
1.91093E+14
403
19.50%
19.50%
1.91093E+14
404
19.50%
19.50%
1.91093E+14
405
19.50%
19.50%
1.91093E+14
406
19.50%
19.50%
1.91093E+14
407
19.50%
19.50%
1.91093E+14
408
19.50%
19.50%
1.91093E+14
409
19.50%
19.50%
1.91093E+14
410
19.50%
19.50%
1.91093E+14
411
19.50%
19.50%
1.91093E+14
412
19.50%
19.50%
1.91093E+14
413
19.50%
19.50%
1.91093E+14
414
19.50%
19.50%
1.91093E+14
415
19.50%
19.50%
1.91093E+14
416
19.50%
19.50%
1.91093E+14
417
19.50%
19.50%
1.91093E+14
418
19.50%
19.50%
1.91093E+14
419
19.50%
19.50%
1.91093E+14
420
19.50%
19.50%
1.91093E+14
421
19.50%
19.50%
1.91093E+14
422
19.50%
19.50%
1.91093E+14
423
19.50%
19.50%
1.91093E+14
424
19.50%
19.50%
1.91093E+14
425
19.50%
19.50%
1.91093E+14
426
19.50%
19.50%
1.91093E+14
427
19.50%
19.50%
1.91093E+14
428
19.50%
19.50%
1.91093E+14
429
19.50%
19.50%
1.91093E+14
430
19.50%
19.50%
1.91093E+14
431
19.50%
19.50%
1.91093E+14
432
19.50%
19.50%
1.91093E+14
433
19.50%
19.50%
1.91093E+14
434
19.50%
19.50%
1.91093E+14
435
19.50%
19.50%
1.91093E+14
436
19.50%
19.50%
1.91093E+14
437
19.50%
19.50%
1.91093E+14
438
19.50%
19.50%
1.91093E+14
439
19.50%
19.50%
1.91093E+14
440
19.50%
19.50%
1.91093E+14
441
19.50%
19.50%
1.91093E+14
442
19.50%
19.50%
1.91093E+14
443
19.50%
19.50%
1.91093E+14
444
19.50%
19.50%
1.91093E+14
445
19.50%
19.50%
1.91093E+14
446
19.50%
19.50%
1.91093E+14
447
19.50%
19.50%
1.91093E+14
448
19.50%
19.50%
1.91093E+14
449
19.50%
19.50%
1.91093E+14
450
19.50%
19.50%
1.91093E+14
451
19.50%
19.50%
1.91093E+14
452
19.50%
19.50%
1.91093E+14
453
19.50%
19.50%
1.91093E+14
454
19.50%
19.50%
1.91093E+14
455
19.50%
19.50%
1.91093E+14
456
19.50%
19.50%
1.91093E+14
457
19.50%
19.50%
1.91093E+14
458
19.50%
19.50%
1.91093E+14
459
19.50%
19.50%
1.91093E+14
460
19.50%
19.50%
1.91093E+14
461
19.50%
19.50%
1.91093E+14
462
19.50%
19.50%
1.91093E+14
463
19.50%
19.50%
1.91093E+14
464
19.50%
19.50%
1.91093E+14
465
19.50%
19.50%
1.91093E+14
466
19.50%
19.50%
1.91093E+14
467
19.50%
19.50%
1.91093E+14
468
19.50%
19.50%
1.91093E+14
469
19.50%
19.50%
1.91093E+14
470
19.50%
19.50%
1.91093E+14
471
19.50%
19.50%
1.91093E+14
472
19.50%
19.50%
1.91093E+14
473
19.50%
19.50%
1.91093E+14
474
19.50%
19.50%
1.91093E+14
475
19.50%
19.50%
1.91093E+14
476
19.50%
19.50%
1.91093E+14
477
19.50%
19.50%
1.91093E+14
478
19.50%
19.50%
1.91093E+14
479
19.50%
19.50%
1.91093E+14
480
19.50%
19.50%
1.91093E+14
481
19.50%
19.50%
1.91093E+14
482
19.50%
19.50%
1.91093E+14
483
19.50%
19.50%
1.91093E+14
484
19.50%
19.50%
1.91093E+14
485
19.50%
19.50%
1.91093E+14
486
19.50%
19.50%
1.91093E+14
487
19.50%
19.50%
1.91093E+14
488
19.50%
19.50%
1.91093E+14
489
19.50%
19.50%
1.91093E+14
490
19.50%
19.50%
1.91093E+14
491
19.50%
19.50%
1.91093E+14
492
19.50%
19.50%
1.91093E+14
493
19.50%
19.50%
1.91093E+14
494
19.50%
19.50%
1.91093E+14
495
19.50%
19.50%
1.91093E+14
496
19.50%
19.50%
1.91093E+14
497
19.50%
19.50%
1.91093E+14
498
19.50%
19.50%
1.91093E+14
499
19.50%
19.50%
1.91093E+14
500
19.50%
19.50%
1.91093E+14
501
19.50%
19.50%
1.91093E+14
502
19.50%
19.50%
1.91093E+14
503
19.50%
19.50%
1.91093E+14
504
19.50%
19.50%
1.91093E+14
505
19.50%
19.50%
1.91093E+14
506
19.50%
19.50%
1.91093E+14
507
19.50%
19.50%
1.91093E+14
508
19.50%
19.50%
1.91093E+14
509
19.50%
19.50%
1.91093E+14
510
19.50%
19.50%
1.91093E+14
511
19.50%
19.50%
1.91093E+14
512
19.50%
19.50%
1.91093E+14
513
19.50%
19.50%
1.91093E+14
514
19.50%
19.50%
1.91093E+14
515
19.50%
19.50%
1.91093E+14
516
19.50%
19.50%
1.91093E+14
517
19.50%
19.50%
1.91093E+14
518
19.50%
19.50%
1.91093E+14
519
19.50%
19.50%
1.91093E+14
520
19.50%
19.50%
1.91093E+14
521
19.50%
19.50%
1.91093E+14
522
19.50%
19.50%
1.91093E+14
523
19.50%
19.50%
1.91093E+14
524
19.50%
19.50%
1.91093E+14
525
19.50%
19.50%
1.91093E+14
526
19.50%
19.50%
1.91093E+14
527
19.50%
19.50%
1.91093E+14
528
19.50%
19.50%
1.91093E+14
529
19.50%
19.50%
1.91093E+14
530
19.50%
19.50%
1.91093E+14
531
19.50%
19.50%
1.91093E+14
532
19.50%
19.50%
1.91093E+14
533
19.50%
19.50%
1.91093E+14
534
19.50%
19.50%
1.91093E+14
535
19.50%
19.50%
1.91093E+14
536
19.50%
19.50%
1.91093E+14
537
19.50%
19.50%
1.91093E+14
538
19.50%
19.50%
1.91093E+14
539
19.50%
19.50%
1.91093E+14
540
19.50%
19.50%
1.91093E+14
541
19.50%
19.50%
1.91093E+14
542
19.50%
19.50%
1.91093E+14
543
19.50%
19.50%
1.91093E+14
544
19.50%
19.50%
1.91093E+14
545
19.50%
19.50%
1.91093E+14
546
19.50%
19.50%
1.91093E+14
547
19.50%
19.50%
1.91093E+14
548
19.50%
19.50%
1.91093E+14
549
19.50%
19.50%
1.91093E+14
550
19.50%
19.50%
1.91093E+14
551
19.50%
19.50%
1.91093E+14
552
19.50%
19.50%
1.91093E+14
553
19.50%
19.50%
1.91093E+14
554
19.50%
19.50%
1.91093E+14
555
19.50%
19.50%
1.91093E+14
556
19.50%
19.50%
1.91093E+14
557
19.50%
19.50%
1.91093E+14
558
19.50%
19.50%
1.91093E+14
559
19.50%
19.50%
1.91093E+14
560
19.50%
19.50%
1.91093E+14
561
19.50%
19.50%
1.91093E+14
562
19.50%
19.50%
1.91093E+14
563
19.50%
19.50%
1.91093E+14
564
19.50%
19.50%
1.91093E+14
565
19.50%
19.50%
1.91093E+14
566
19.50%
19.50%
1.91093E+14
567
19.50%
19.50%
1.91093E+14
568
19.50%
19.50%
1.91093E+14
569
19.50%
19.50%
1.91093E+14
570
19.50%
19.50%
1.91093E+14
571
19.50%
19.50%
1.91093E+14
572
19.50%
19.50%
1.91093E+14
573
19.50%
19.50%
1.91093E+14
574
19.50%
19.50%
1.91093E+14
575
19.50%
19.50%
1.91093E+14
576
19.50%
19.50%
1.91093E+14
577
19.50%
19.50%
1.91093E+14
578
19.50%
19.50%
1.91093E+14
579
19.50%
19.50%
1.91093E+14
580
19.50%
19.50%
1.91093E+14
581
19.50%
19.50%
1.91093E+14
582
19.50%
19.50%
1.91093E+14
583
19.50%
19.50%
1.91093E+14
584
19.50%
19.50%
1.91093E+14
585
19.50%
19.50%
1.91093E+14
586
19.50%
19.50%
1.91093E+14
587
19.50%
19.50%
1.91093E+14
588
19.50%
19.50%
1.91093E+14
589
19.50%
19.50%
1.91093E+14
590
19.50%
19.50%
1.91093E+14
591
19.50%
19.50%
1.91093E+14
592
19.50%
19.50%
1.91093E+14
593
19.50%
19.50%
1.91093E+14
594
19.50%
19.50%
1.91093E+14
595
19.50%
19.50%
1.91093E+14
596
19.50%
19.50%
1.91093E+14
597
19.50%
19.50%
1.91093E+14
598
19.50%
19.50%
1.91093E+14
599
19.50%
19.50%
1.91093E+14
600
19.50%
19.50%
1.91093E+14
601
19.50%
19.50%
1.91093E+14
602
19.50%
19.50%
1.91093E+14
603
19.50%
19.50%
1.91093E+14
604
19.50%
19.50%
1.91093E+14
605
19.50%
19.50%
1.91093E+14
606
19.50%
19.50%
1.91093E+14
607
19.50%
19.50%
1.91093E+14
608
19.50%
19.50%
1.91093E+14
609
19.50%
19.50%
1.91093E+14
610
19.50%
19.50%
1.91093E+14
611
19.50%
19.50%
1.91093E+14
612
19.50%
19.50%
1.91093E+14
613
19.50%
19.50%
1.91093E+14
614
19.50%
19.50%
1.91093E+14
615
19.50%
19.50%
1.91093E+14
616
19.50%
19.50%
1.91093E+14
617
19.50%
19.50%
1.91093E+14
618
19.50%
19.50%
1.91093E+14
619
19.50%
19.50%
1.91093E+14
620
19.50%
19.50%
1.91093E+14
621
19.50%
19.50%
1.91093E+14
622
19.50%
19.50%
1.91093E+14
623
19.50%
19.50%
1.91093E+14
624
19.50%
19.50%
1.91093E+14
625
19.50%
19.50%
1.91093E+14
626
19.50%
19.50%
1.91093E+14
627
19.50%
19.50%
1.91093E+14
628
19.50%
19.50%
1.91093E+14
629
19.50%
19.50%
1.91093E+14
630
19.50%
19.50%
1.91093E+14
631
19.50%
19.50%
1.91093E+14
632
19.50%
19.50%
1.91093E+14
633
19.50%
19.50%
1.91093E+14
634
19.50%
19.50%
1.91093E+14
635
19.50%
19.50%
1.91093E+14
636
19.50%
19.50%
1.91093E+14
637
19.50%
19.50%
1.91093E+14
638
19.50%
19.50%
1.91093E+14
639
19.50%
19.50%
1.91093E+14
640
19.50%
19.50%
1.91093E+14
641
19.50%
19.50%
1.91093E+14
642
19.50%
19.50%
1.91093E+14
643
19.50%
19.50%
1.91093E+14
644
19.50%
19.50%
1.91093E+14
645
19.50%
19.50%
1.91093E+14
646
19.50%
19.50%
1.91093E+14
647
19.50%
19.50%
1.91093E+14
648
19.50%
19.50%
1.91093E+14
649
19.50%
19.50%
1.91093E+14
650
19.50%
19.50%
1.91093E+14
651
19.50%
19.50%
1.91093E+14
652
19.50%
19.50%
1.91093E+14
653
19.50%
19.50%
1.91093E+14
654
19.50%
19.50%
1.91093E+14
655
19.50%
19.50%
1.91093E+14
656
19.50%
19.50%
1.91093E+14
657
19.50%
19.50%
1.91093E+14
658
19.50%
19.50%
1.91093E+14
659
19.50%
19.50%
1.91093E+14
660
19.50%
19.50%
1.91093E+14
661
19.50%
19.50%
1.91093E+14
662
19.50%
19.50%
1.91093E+14
663
19.50%
19.50%
1.91093E+14
664
19.50%
19.50%
1.91093E+14
665
19.50%
19.50%
1.91093E+14
666
19.50%
19.50%
1.91093E+14
667
19.50%
19.50%
1.91093E+14
668
19.50%
19.50%
1.91093E+14
669
19.50%
19.50%
1.91093E+14
670
19.50%
19.50%
1.91093E+14
671
19.50%
19.50%
1.91093E+14
672
19.50%
19.50%
1.91093E+14
673
19.50%
19.50%
1.91093E+14
674
19.50%
19.50%
1.91093E+14
675
19.50%
19.50%
1.91093E+14
676
19.50%
19.50%
1.91093E+14
677
19.50%
19.50%
1.91093E+14
678
19.50%
19.50%
1.91093E+14
679
19.50%
19.50%
1.91093E+14
680
19.50%
19.50%
1.91093E+14
681
19.50%
19.50%
1.91093E+14
682
19.50%
19.50%
1.91093E+14
683
19.50%
19.50%
1.91093E+14
684
19.50%
19.50%
1.91093E+14
685
19.50%
19.50%
1.91093E+14
686
19.50%
19.50%
1.91093E+14
687
19.50%
19.50%
1.91093E+14
688
19.50%
19.50%
1.91093E+14
689
19.50%
19.50%
1.91093E+14
690
19.50%
19.50%
1.91093E+14
691
19.50%
19.50%
1.91093E+14
692
19.50%
19.50%
1.91093E+14
693
19.50%
19.50%
1.91093E+14
694
19.50%
19.50%
1.91093E+14
695
19.50%
19.50%
1.91093E+14
696
19.50%
19.50%
1.91093E+14
697
19.50%
19.50%
1.91093E+14
698
19.50%
19.50%
1.91093E+14
699
19.50%
19.50%
1.91093E+14
700
19.50%
19.50%
1.91093E+14
701
19.50%
19.50%
1.91093E+14
702
19.50%
19.50%
1.91093E+14
703
19.50%
19.50%
1.91093E+14
704
19.50%
19.50%
1.91093E+14
705
19.50%
19.50%
1.91093E+14
706
19.50%
19.50%
1.91093E+14
707
19.50%
19.50%
1.91093E+14
708
19.50%
19.50%
1.91093E+14
709
19.50%
19.50%
1.91093E+14
710
19.50%
19.50%
1.91093E+14
711
19.50%
19.50%
1.91093E+14
712
19.50%
19.50%
1.91093E+14
713
19.50%
19.50%
1.91093E+14
714
19.50%
19.50%
1.91093E+14
715
19.50%
19.50%
1.91093E+14
716
19.50%
19.50%
1.91093E+14
717
19.50%
19.50%
1.91093E+14
718
19.50%
19.50%
1.91093E+14
719
19.50%
19.50%
1.91093E+14
720
19.50%
19.50%
1.91093E+14
721
19.50%
19.50%
1.91093E+14
722
19.50%
19.50%
1.91093E+14
723
19.50%
19.50%
1.91093E+14
724
19.50%
19.50%
1.91093E+14
725
19.50%
19.50%
1.91093E+14
726
19.50%
19.50%
1.91093E+14
727
19.50%
19.50%
1.91093E+14
728
19.50%
19.50%
1.91093E+14
729
19.50%
19.50%
1.91093E+14
730
19.50%
19.50%
1.91093E+14
731
19.50%
19.50%
1.91093E+14
732
19.50%
19.50%
1.91093E+14
733
19.50%
19.50%
1.91093E+14
734
19.50%
19.50%
1.91093E+14
735
19.50%
19.50%
1.91093E+14
736
19.50%
19.50%
1.91093E+14
737
19.50%
19.50%
1.91093E+14
738
19.50%
19.50%
1.91093E+14
739
19.50%
19.50%
1.91093E+14
740
19.50%
19.50%
1.91093E+14
741
19.50%
19.50%
1.91093E+14
742
19.50%
19.50%
1.91093E+14
743
19.50%
19.50%
1.91093E+14
744
19.50%
19.50%
1.91093E+14
745
19.50%
19.50%
1.91093E+14
746
19.50%
19.50%
1.91093E+14
747
19.50%
19.50%
1.91093E+14
748
19.50%
19.50%
1.91093E+14
749
19.50%
19.50%
1.91093E+14
750
19.50%
19.50%
1.91093E+14
751
19.50%
19.50%
1.91093E+14
752
19.50%
19.50%
1.91093E+14
753
19.50%
19.50%
1.91093E+14
754
19.50%
19.50%
1.91093E+14
755
19.50%
19.50%
1.91093E+14
756
19.50%
19.50%
1.91093E+14
757
19.50%
19.50%
1.91093E+14
758
19.50%
19.50%
1.91093E+14
759
19.50%
19.50%
1.91093E+14
760
19.50%
19.50%
1.91093E+14
761
19.50%
19.50%
1.91093E+14
762
19.50%
19.50%
1.91093E+14
763
19.50%
19.50%
1.91093E+14
764
19.50%
19.50%
1.91093E+14
765
19.50%
19.50%
1.91093E+14
766
19.50%
19.50%
1.91093E+14
767
19.50%
19.50%
1.91093E+14
768
19.50%
19.50%
1.91093E+14
769
19.50%
19.50%
1.91093E+14
770
19.50%
19.50%
1.91093E+14
771
19.50%
19.50%
1.91093E+14
772
19.50%
19.50%
1.91093E+14
773
19.50%
19.50%
1.91093E+14
774
19.50%
19.50%
1.91093E+14
775
19.50%
19.50%
1.91093E+14
776
19.50%
19.50%
1.91093E+14
777
19.50%
19.50%
1.91093E+14
778
19.50%
19.50%
1.91093E+14
779
19.50%
19.50%
1.91093E+14
780
19.50%
19.50%
1.91093E+14
781
19.50%
19.50%
1.91093E+14
782
19.50%
19.50%
1.91093E+14
783
19.50%
19.50%
1.91093E+14
784
19.50%
19.50%
1.91093E+14
785
19.50%
19.50%
1.91093E+14
786
19.50%
19.50%
1.91093E+14
787
19.50%
19.50%
1.91093E+14
788
19.50%
19.50%
1.91093E+14
789
19.50%
19.50%
1.91093E+14
790
19.50%
19.50%
1.91093E+14
791
19.50%
19.50%
1.91093E+14
792
19.50%
19.50%
1.91093E+14
793
19.50%
19.50%
1.91093E+14
794
19.50%
19.50%
1.91093E+14
795
19.50%
19.50%
1.91093E+14
796
19.50%
19.50%
1.91093E+14
797
19.50%
19.50%
1.91093E+14
798
19.50%
19.50%
1.91093E+14
799
19.50%
19.50%
1.91093E+14
800
19.50%
19.50%
1.91093E+14
801
19.50%
19.50%
1.91093E+14
802
19.50%
19.50%
1.91093E+14
803
19.50%
19.50%
1.91093E+14
804
19.50%
19.50%
1.91093E+14
805
19.50%
19.50%
1.91093E+14
806
19.50%
19.50%
1.91093E+14
807
19.50%
19.50%
1.91093E+14
808
19.50%
19.50%
1.91093E+14
809
19.50%
19.50%
1.91093E+14
810
19.50%
19.50%
1.91093E+14
811
19.50%
19.50%
1.91093E+14
812
19.50%
19.50%
1.91093E+14
813
19.50%
19.50%
1.91093E+14
814
19.50%
19.50%
1.91093E+14
815
19.50%
19.50%
1.91093E+14
816
19.50%
19.50%
1.91093E+14
817
19.50%
19.50%
1.91093E+14
818
19.50%
19.50%
1.91093E+14
819
19.50%
19.50%
1.91093E+14
820
19.50%
19.50%
1.91093E+14
821
19.50%
19.50%
1.91093E+14
822
19.50%
19.50%
1.91093E+14
823
19.50%
19.50%
1.91093E+14
824
19.50%
19.50%
1.91093E+14
825
19.50%
19.50%
1.91093E+14
826
19.50%
19.50%
1.91093E+14
827
19.50%
19.50%
1.91093E+14
828
19.50%
19.50%
1.91093E+14
829
19.50%
19.50%
1.91093E+14
830
19.50%
19.50%
1.91093E+14
831
19.50%
19.50%
1.91093E+14
832
19.50%
19.50%
1.91093E+14
833
19.50%
19.50%
1.91093E+14
834
19.50%
19.50%
1.91093E+14
835
19.50%
19.50%
1.91093E+14
836
19.50%
19.50%
1.91093E+14
837
19.50%
19.50%
1.91093E+14
838
19.50%
19.50%
1.91093E+14
839
19.50%
19.50%
1.91093E+14
840
19.50%
19.50%
1.91093E+14
841
19.50%
19.50%
1.91093E+14
842
19.50%
19.50%
1.91093E+14
843
19.50%
19.50%
1.91093E+14
844
19.50%
19.50%
1.91093E+14
845
19.50%
19.50%
1.91093E+14
846
19.50%
19.50%
1.91093E+14
847
19.50%
19.50%
1.91093E+14
848
19.50%
19.50%
1.91093E+14
849
19.50%
19.50%
1.91093E+14
850
19.50%
19.50%
1.91093E+14
851
19.50%
19.50%
1.91093E+14
852
19.50%
19.50%
1.91093E+14
853
19.50%
19.50%
1.91093E+14
854
19.50%
19.50%
1.91093E+14
855
19.50%
19.50%
1.91093E+14
856
19.50%
19.50%
1.91093E+14
857
19.50%
19.50%
1.91093E+14
858
19.50%
19.50%
1.91093E+14
859
19.50%
19.50%
1.91093E+14
860
19.50%
19.50%
1.91093E+14
861
19.50%
19.50%
1.91093E+14
862
19.50%
19.50%
1.91093E+14
863
19.50%
19.50%
1.91093E+14
864
19.50%
19.50%
1.91093E+14
865
19.50%
19.50%
1.91093E+14
866
19.50%
19.50%
1.91093E+14
867
19.50%
19.50%
1.91093E+14
868
19.50%
19.50%
1.91093E+14
869
19.50%
19.50%
1.91093E+14
870
19.50%
19.50%
1.91093E+14
871
19.50%
19.50%
1.91093E+14
872
19.50%
19.50%
1.91093E+14
873
19.50%
19.50%
1.91093E+14
874
19.50%
19.50%
1.91093E+14
875
19.50%
19.50%
1.91093E+14
876
19.50%
19.50%
1.91093E+14
877
19.50%
19.50%
1.91093E+14
878
19.50%
19.50%
1.91093E+14
879
19.50%
19.50%
1.91093E+14
880
19.50%
19.50%
1.91093E+14
881
19.50%
19.50%
1.91093E+14
882
19.50%
19.50%
1.91093E+14
883
19.50%
19.50%
1.91093E+14
884
19.50%
19.50%
1.91093E+14
885
19.50%
19.50%
1.91093E+14
886
19.50%
19.50%
1.91093E+14
887
19.50%
19.50%
1.91093E+14
888
19.50%
19.50%
1.91093E+14
889
19.50%
19.50%
1.91093E+14
890
19.50%
19.50%
1.91093E+14
891
19.50%
19.50%
1.91093E+14
892
19.50%
19.50%
1.91093E+14
893
19.50%
19.50%
1.91093E+14
894
19.50%
19.50%
1.91093E+14
895
19.50%
19.50%
1.91093E+14
896
19.50%
19.50%
1.91093E+14
897
19.50%
19.50%
1.91093E+14
898
19.50%
19.50%
1.91093E+14
899
19.50%
19.50%
1.91093E+14
900
19.50%
19.50%
1.91093E+14
901
19.50%
19.50%
1.91093E+14
902
19.50%
19.50%
1.91093E+14
903
19.50%
19.50%
1.91093E+14
904
19.50%
19.50%
1.91093E+14
905
19.50%
19.50%
1.91093E+14
906
19.50%
19.50%
1.91093E+14
907
19.50%
19.50%
1.91093E+14
908
19.50%
19.50%
1.91093E+14
909
19.50%
19.50%
1.91093E+14
910
19.50%
19.50%
1.91093E+14
911
19.50%
19.50%
1.91093E+14
912
19.50%
19.50%
1.91093E+14
913
19.50%
19.50%
1.91093E+14
914
19.50%
19.50%
1.91093E+14
915
19.50%
19.50%
1.91093E+14
916
19.50%
19.50%
1.91093E+14
917
19.50%
19.50%
1.91093E+14
918
19.50%
19.50%
1.91093E+14
919
19.50%
19.50%
1.91093E+14
920
19.50%
19.50%
1.91093E+14
921
19.50%
19.50%
1.91093E+14
922
19.50%
19.50%
1.91093E+14
923
19.50%
19.50%
1.91093E+14
924
19.50%
19.50%
1.91093E+14
925
19.50%
19.50%
1.91093E+14
926
19.50%
19.50%
1.91093E+14
927
19.50%
19.50%
1.91093E+14
928
19.50%
19.50%
1.91093E+14
929
19.50%
19.50%
1.91093E+14
930
19.50%
19.50%
1.91093E+14
931
19.50%
19.50%
1.91093E+14
932
19.50%
19.50%
1.91093E+14
933
19.50%
19.50%
1.91093E+14
934
19.50%
19.50%
1.91093E+14
935
19.50%
19.50%
1.91093E+14
936
19.50%
19.50%
1.91093E+14
937
19.50%
19.50%
1.91093E+14
938
19.50%
19.50%
1.91093E+14
939
19.50%
19.50%
1.91093E+14
940
19.50%
19.50%
1.91093E+14
941
19.50%
19.50%
1.91093E+14
942
19.50%
19.50%
1.91093E+14
943
19.50%
19.50%
1.91093E+14
944
19.50%
19.50%
1.91093E+14
945
19.50%
19.50%
1.91093E+14
946
19.50%
19.50%
1.91093E+14
947
19.50%
19.50%
1.91093E+14
948
19.50%
19.50%
1.91093E+14
949
19.50%
19.50%
1.91093E+14
950
19.50%
19.50%
1.91093E+14
951
19.50%
19.50%
1.91093E+14
952
19.50%
19.50%
1.91093E+14
953
19.50%
19.50%
1.91093E+14
954
19.50%
19.50%
1.91093E+14
955
19.50%
19.50%
1.91093E+14
956
19.50%
19.50%
1.91093E+14
957
19.50%
19.50%
1.91093E+14
958
19.50%
19.50%
1.91093E+14
959
19.50%
19.50%
1.91093E+14
960
19.50%
19.50%
1.91093E+14
961
19.50%
19.50%
1.91093E+14
962
19.50%
19.50%
1.91093E+14
963
19.50%
19.50%
1.91093E+14
964
19.50%
19.50%
1.91093E+14
965
19.50%
19.50%
1.91093E+14
966
19.50%
19.50%
1.91093E+14
967
19.50%
19.50%
1.91093E+14
968
19.50%
19.50%
1.91093E+14
969
19.50%
19.50%
1.91093E+14
970
19.50%
19.50%
1.91093E+14
971
19.50%
19.50%
1.91093E+14
972
19.50%
19.50%
1.91093E+14
973
19.50%
19.50%
1.91093E+14
974
19.50%
19.50%
1.91093E+14
975
19.50%
19.50%
1.91093E+14
976
19.50%
19.50%
1.91093E+14
977
19.50%
19.50%
1.91093E+14
978
19.50%
19.50%
1.91093E+14
979
19.50%
19.50%
1.91093E+14
980
19.50%
19.50%
1.91093E+14
981
19.50%
19.50%
1.91093E+14
982
19.50%
19.50%
1.91093E+14
983
19.50%
19.50%
1.91093E+14
984
19.50%
19.50%
1.91093E+14
985
19.50%
19.50%
1.91093E+14
986
19.50%
19.50%
1.91093E+14
987
19.50%
19.50%
1.91093E+14
988
19.50%
19.50%
1.91093E+14
989
19.50%
19.50%
1.91093E+14
990
19.50%
19.50%
1.91093E+14
991
19.50%
19.50%
1.91093E+14
992
19.50%
19.50%
1.91093E+14
993
19.50%
19.50%
1.91093E+14
994
19.50%
19.50%
1.91093E+14
995
19.50%
19.50%
1.91093E+14
996
19.50%
19.50%
1.91093E+14
997
19.50%
19.50%
1.91093E+14
998
19.50%
19.50%
1.91093E+14
999
19.50%
19.50%
1.91093E+14
1000
19.50%
19.50%
1.91093E+14
ERFIL DEL RIESGO PARA LA EVALUACION FINANCIERA DEL PROYECTO
Financiero
PROBABILIDAD TIR<16%
0.00%
19.50%
PROBABILIDAD TIR>16%
100.00%
DISTRIBUCION DE FRECUENCIAS PARA LA SIMULACION DE
1000
0
0
0
0
0
19.50%
19.50%
19.50%
19.50%
19.50%
0
19.50%
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50% 19.50%
Series1
LA TASA INTERNA DE RETORNO Area Para X<=16%
Clases
TablaFrec%
19.50%
0
19.50%
0
19.50%
0
19.50%
1000
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
19.50%
0
UENCIAS PARA LA SIMULACION DE LA TIR
0
0
0
0
0
0
0
0
0
0
0
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
19.50%
RESULTADOS DE LA SIMULACION ESTADISTICA DESCRIPTIVA
TIR Financiero Promedio
19.50%
Desviacion Estandar TIR
0.00%
TIR Maximo
19.50%
TIR Minimo
19.50%
utilidad
MANO DE OBRA GASTOS OPERATIVOS
Minimo Maximo
Mano de obra $ (10,000) $ (8,000) $ (2,500) $ (1,000) $ 4,500 $ 6,000 $ 7,000 $ 10,000 $ 15,000
$ $
Gasto Operativos $ $ $ $ $ $ $ $ $
Minimo (10,000) $ (6,800) $
(6,800) (6,000) (5,500) (5,000) (4,500) (4,000) (3,800) 1,000 2,000
Maximo 15,000 2,000
MANO DE OBRA GASTOS OPERATIVOS $ (10,000) -6800 15000 2000
$ (15,000)
$ (10,000)
$ (5,000)
$-
$ 5,000
$ 10,000
$ 15,000
Axis Title $ (10,000)
MANO DE OBRA
15000
-6800GASTOS OPERATIVOS
2000
2
GASTOS OPERATIVOS MANO DE OBRA 1
$ (15,000) $ (10,000) $ (5,000) $ - $ 5,000$ 10,000 $ 15,000 $ 20,000
$ 20,000 9 8
15000
7 Minimo
6
Maximo
5 4 3 2 1 $ (15,000)
GASTOS OPERATIVOS MANO DE OBRA
$ (10,000)
$ (5,000)
$-
$ 5,000
$ 10,000
Gasto Operativos Mano de obra
$ 10,000
$ 15,000
$ 20,000
