elements 0 1 2 3 4

chiffre d affaire 1250000 1250000 2300000 2300000

charges decaissables 800000 800000 1000000 1000000
amortissements 1 150000 150000 150000 150000
resultats avant impo 300000 300000 1150000 1150000
impot sur les societe 90000 90000 345000 345000
resultats nets 210000 210000 805000 805000
amortissements 2 150000 150000 150000 150000
CAF 360000 360000 955000 955000
VRN
recuperation du BFR
cash flow entrant 360000 360000 955000 955000
cout d acquisition 2850000
VAR du BFR 62500 0 52500 0 0
cout d investiss 2912500
cash flow sortant 2912500 0 52500 0 0
cash flow net 360000 307500 955000 955000
actualisation 1 0.8968609865471 0.80435962919 0.7213987705742 0.646994413071
CFNA 2912500 322869.95515695 247340.585976 688935.82589834 617879.6644828
cumul CFNA 322869.95515695 570210.5411329 1259146.3670313 1877026.031514
VAN 803963.062
IP 1.27603882
TRI
TRI 19%
 5
2300000
1000000
150000
1150000
345000
805000
150000
955000
2100000
115000
3170000

0
3170000
0.5802640475973
1839437.0308835
3716463.0623976