Costos Eje 4

 

]VNFNLJ ME BJR]JR W PVERUPUER]JR ELE = NPAGBNBGÒO W BÎABUAJ ME GOMGBNMJVER IGONOBGEVJR PNVN AN EYNAUNBGÒO ME PVJWEB]JR PVEREO]NMJ PJV< Hnrgn mea pganr Nvgan Nrgzn Augs Lnvger espgtgn cjeoncn Lesüs Notjogj ajfj Cnrbèn Preseotnmj n < Rjogn Pntrgbgn rjlns Îavnrez Uogversgmnm mea nrenomgon Inbuatnm me nmhgogstrnbgòo me ehpresns

 

  Dnaanr ea vnajr iuturj me uo vnajr preseote YI N YP< Uon ehpresn usnrn an aèoen me brçmgtj nutjhîtgbj pjr sjfrecgrj que ae jirebe uon eotgmnm fnobnrgn pnrn igonobgnr su prjyebtj me $600.000, sg ea goterçs es ea >5% y ans prjyebbgjoes gomgbno que este sjfrecgrj se bufrgrî na sextj nþj.

Mntjs Ynajr Preseote

-$

600,000

]nsn me Goterçs

>5%

]gehpj eo Nþjs

9

Ynajr Iuturj

  =96,9>6.>5

hjotj nmeumnmj eo ese hjheotj

 

F Bnabuae ea vnajr preseote me uo vnajr iuturj< Pnrn meterhgonr buîotj se mefe mepjsgtnr djy pnrn ajcrnr nbuhuanr $65.000 na igona me segs nþjs sg uo u o fnobj jirebe uon tnsn me goterçs mea >5%.

Ynajr Iuturj ]nsn me Goterçs  Nþjs Ynajr Preseote

$

65,000 >5% 9 -$>0,404.>7

 

B Bnabuae pjr hemgj me uon tnfan ea vnajr v najr iuturj me uon nounagmnm, sg an ehpresn eo bnmn uoj me ajs segs nþjs mepjsgtnrn $6.500 n uon tnsn me goterçs mea >2%, na igona mea perèjmj que vnajr teomrèn nbuhuanmj

Mntjs Pncj Pergjmjs ]nsn

$

6,500

Prghern2%

0 >

0 6500

$

0 =, =,909.04375

6

6500

$

=, =,039.>4=02

2 =

6500 6500

$ $

2, 2,903.6=650 2,>76.65

5 9

6500 6500

$ $

6,465 6,500 60,409.39=5

 

M Bnabuae pjr hemgj me an tnfan ea vnajr btuna Oetj Oetj (Y O) me ajs sgcugeotes goversjres Re sjagbgtn dnaanr an naterontgvn naterontgvn hîs reotnfae, secüo ea brgtergj mea Ynajr Nbtunagznmj Nbtunagznmj Oetj Oetj (YNO), sg an tnsn tnsn me nbtunagznbg nbtunagznbg es mea 7%.

Prjyebt yebtjj

Mesehfjasj

Iaulj oetj me bnln Iaulj oetj me bnln Iaulj oetj me bnln Iaulj oetj me bnln Iaulj oetj me bnln

Prjyebtj >

6,000,000

nþj> 600,000

nþj 6 200,000

nþj 2 =00,000

nþj = 500,000

nþj 5 900,000

Prjyebtj 6

6,500,000

=00,000

500,000

550,000

900,000

950,000

Prjyebtj 2

2,400,000

900,000

200,000

400,000

700,000

750,000

 

  o j me mesbueotj

Iaulj oetj me bnln

]GJ(E )

YPG

YPO

nþj 9 300,000

7%

$>,709,=66.>7

$2,709,=66.>7

300,000

7%

$6,=33,=>>.0=

$=,733,=>>.0=

770,000

7%

$2,699,02>.99

  3,099,02>.99

 

E Bnabuae an ]GV mea prjyebtj. Uo bnpgtna me $>20 hgaajoes se govgrtgò murnote 5 nþjs eo uo oecjbgj me an infrgbnbgòo me znpnrjs y murnote mgbdj djrgzjote ceoerò uo iaulj me eiebtgvj me $20 hgaajoes eo ea prgher nþj, me $50 hgaajoes eo ea secuomj nþj, me $40 hgaajoes eo ea terber nþj, me $>20 hgaajoes eo ea bunrtj nþj y $>40 hgaajoes eo ea qugotj nþj.

Mntjs Goversgjo Gogbgna

 Pergjmj 0  $ >20,000,000

Pergjmj >

Pergjmj 6

Pergjmj 2

Pergjmj =

Iaulj me Bnln

20,000,000 $ 50,000,000 50,000,000 $ 40,000,000 $ >20,000,000 $ -$ >20,000,000 $ 20,000,000

Pergjmj 5 >40,000,000

 

]GV == %

 

I

Bjo ajs sgcugeotes estnmjs igonobgerjs bnabuae ajs gomgbnmjres pemgmjs eo an nbtgvgmnm mea ele Oj.=

Estnmj me Rgtunbgòo Igonobgern  Na 2> me mgbgehfre me 60>7 y 60>4 (vnajres expresnmjs eo hgaajoes hgaajoes me pesjs) 60>7

60>4

  B]GYJ   btgvj bjrrgeote Eiebtgvj y equgvnaeotes me eiebtgvj

$

4,5>2

$

Bueotns bjherbgnaes pjr bjfrnr y jtrns bueotns pjr bjfrnr 

4659

>05,3>3 >>7,27>

Bueotns pjr bjfrnr pnrtes reanbgjonmns y nsjbgnmns

>,350 6,004

Goveotnrgjs  Nbtgvjs pjr ghpuestjs

37>0

5,744

Jtrjs nbtgvjs igonobgerjs

6>0

5

Jtrjs nbtgvjs oj igonobgerjs   btgvjs bjrrgeotes tjtnaes

>>35>3

70,726

>>94

77> $

663,464

$

6=6,564

  btgvj oj bjrrgeotes Prjpgemnmes panotn y equgpj Prjpgemnmes me goversgòo  Nbtgvjs gotnocgfaes

=25,503 2,>50 607

==9,673 2,>72 >92

 

Goversgjoes eo sufsgmgnrgns, oecjbgjs bjoluotjs y nsjbgnmns

29,>9= >20,0>6

Bueotns bjherbgnaes pjr bjfrnr y jtrns bueotns pjr bjfrnr 

>24,5>6 >,779

Bueotns pjr bjfrnr pnrtes reanbgjonmns y nsjbgnmns

735=

 Nbtgvjs ghpuestjs mgiergmjs mgiergmjs

=4656

3,3==

Jtrjs nbtgvjs igonobgerjs   btgvjs oj bjrrgeotes tjtnaes ]J] A B]GYJR

35,664

6=65 $ $

932,732 70>,40>

6,500 $ $

993,>22 707,99>

P RGYJR W P ]VGHJOGJ P RGYJ Pnsgvjs bjrrgeotes Pnsgvjs igonobgerjs

3=,27=

54,=5>

Feoeigbgj n ajs ehpaenmjs

639>2

6==>3

5>4

>,254

=0,4=5

=>,636

0

226

2,2=>

=,===

Pnsgvjs estghnmjs Bueotns pjr pncnr bjherbgnaes y jtrns bueotns pjr pncnr  Bueotns pjr pncnr pnrtes reanbgjonmns y nsjbgnmns Pnsgvjs pjr ghpuestjs Pnsgvjs bjrrgeotes tjtnaes

$

>=9,3>>

$

>20,63=

Pnsgvjs oj bjrrgeote Pnsgvjs igonobgerjs Feoeigbgj n ajs ehpaenmjs Pnsgvjs estghnmjs

26062 >60,099 5,024

65,325 >>9,254 =,943

 

Bueotns pjr pncnr bjherbgnaes y jtrns bueotns pjr pncnr 

9,90> 7,05=

Pnsgvjs pjr ghpuestjs

57,479

37,=55

]jtna pnsgvj oj bjrrgeote

$

662,96=

$

625,647

]J] A P RGYJ P ]VGHJOGJ

$

230,225

$

295,592

Bnpgtna ehgtgmj

29,403

29,403

Prghn eo ehgsgòo me bnpgtna

603,>7=

603,>7= -

Vesuatnmj mea pergjmj

-4=5

9,==9

Cnonobgns nbuhuanmns

643702

643,054 >4,4>3

Jtrj resuatnmjs gotecrnaes Veservns

->6,920 65,997

65,997

P ]VGHJOGJ ]J] A

$

52>,=95

]J] A P RGYJ W P ]VGHJOGJ

$

70>,400

$

5==,074 707,99>

Estnmj me resuatnmjs y jtrjs resuatnmjs gotecrnaes  Na 2> me mgbgehfre me 60>7 y 60>4 (vnajres expresnmjs eo hgaajoes hgaajoes me pesjs) 60>7 Gocresjs pjr nbtgvgmnmes jrmgonrgns Bjstj me veotns Cnonobgn frutn Jtrjs gocresjs Cnstjs me mgstrgfubgòo Cnstjs me nmhgogstrnbgòo y veotn

$

223,526

-262,9=6

60>4

$

245354 -227,973

>2,470 >0,>5=

=9,09>

>=,2>9 -2,240 ->6,994

 

Cnstjs pjr feoeigbgjs n ajs ehpaenmjs

->4,990

(Pçrmgmn) cnonobgn pjr metergjrj me vnajr 

>2,=5=

Jtrjs cnstjs

-6>,343

(Pçrmgmn) cnonobgn pjr nbtgvgmnmes me jpernbgòo

$

(Pçrmgmn) cnonobgn mergvnmn me an pjsgbgòo hjoetnrgn

-29,7=4

$

>3,229

-564

oetn

5=>

Gocresjs igonobgerjs

4>5

>,>49

-6=,63=

-60,9>>

(Pçrmgmn) - Hçtjmj me pnrtgbgpnbgòo

-9,3=4

->,=4>

Jtrjs gocresjs prjbemeotes me sufsgmgnrgns

3=,34>

Bjstjs igonobgerjs

Cnonobgn (pçrmgmn) notes me ghpuestjs

3,074

-2,067

Cnstjs pjr ghpuestjs

6,>4=

(Pçrmgmn) prjbemeote me jpernbgjoes bjotgounmns (Pçrmgmn) oetn mea pergjmj

### $

-9,==9

-4=5 $

-4=5

Jtrj resuatnmj gotecrna Pçrmgmns nbtunrgnaes pjr panoes me feoeigbgjs

-7,625

->3,323

2,0=4

5,452

-9,>43

->>,44=

->6,922

->6,367

-0.3

-0.07

meigogmjs Ghpuestj mgiergmjs bjhpjoeotes me jtrjs resuatnmj gotecrna Bjhpjoeotes me jtrjs resuatnmj gotecrna, oetj me ghpuestjs (Pçrmgmn) resuatnmj gotecrna tjtna mea pergjmj Pçrmgmn fîsgbn y mgaugmn pjr nbbgòo* * Bnabuanmn sjfre ea resuatnmj mea pergjmj

 

 

Me Agqugmez   þj þj

Vnzjo Bjrrgeote

Pruefn bgmn

60>4

>.49>939>57=3765

0.75790052=654592

60>7

>.5567022697=47

0.722077393530653 Gomgbnmjres me nbtgvgmnm

Vjtnbgjo mmee GGooveotnrgj

Vjtnbgjo mmee Bn Bnrtern

-9.29=5604>40=>46

==7.>0=042995227

Gomgbnmjres me reotnfgagmnm

60>4

hnrceo frutj hnrceo oetj

>.25444=05525>=9 52>,=99

VJE / reomghgeotj mea pntrghjogj

-0.0>50>442=52662>

VJN/reomghgeotj mea nbtgvj tjtna

-0.0>50>442=52662>

EFG]MN

>,695,970

Gomgbnmjres me eomeumnhgeotj eomeumnhgeotj igonobgerj

0.=>099>55272=4=4

Aevernce

0.9794>7>97952972

 

Bnpgtna Oetj me trnfnlj >>6,65= 4>,>>3 tgvgmnm Vjtnbgjo me btgvjs 0

60>7 >.232=26560=99=6 5==,074 0.006=0047=277>66 0.006=0047=277>66 >,63=,237

0.=0>49364706205= 0.93>497332=57764

 

Eo ea preseote trnfnlj se pumj ver que Ajs gomgbnmjres ionobgerjs y ebjoòhgbjs sjo reanbgjoes j bjbgeotes extrnbtnmns me ajs estnmjs ionobgerjs estnmj me cnonobgns y pçrmgmns, estnmj me ulj me eebvj y fnanobe ceoerna. ]nhfgeo que sjo expresgjoes bunotnvns me bjhpjrtnhgeotj buyn hncogtum pueme ser bjhpnrnmn Bjo uo ogvea me reereobgn. Perhgte tjhnr tres banses me mebgsgjoes me bnrîbter ionobgerj< mebgsgjoes jpernvns, me goversgòo y me ionobgnbgòo. Re puemeo meiogr goouhernfaes gomgbnmjres ionobgerjs y ebjoòhgbjs, sjaj estî meiogmn bjo ea bjbgeote me uo ouherj y jtrj mepeomgeomj me an onturnaezn me an ehpresn se pueme meiogr ajs gomgbnmjres me ionobgerj.