OPCION 1

T OPOR 24% 0.897%

INVERSION 220,000,000
MANTENIMIENTO 22,000,000 SEMESTRE EMPIEZA TERCER SEMESTRE DURANTE 6
RESTOCK 20,000,000 DOS MESES A PARTIR DEL 4 MES HASTA EL MES 70
ANTERIORES DUENOS 35,000,000 TRIMESTRE PRIMER SEMESTRE HASTA EL ANO 5
PUBLICIDAD Y TECNO 6,000,000 15 DIAS A PARTIR DEL SEGUNDO MES

VPN
PESIMISTA 30,000,000 10% 931,908,718
NORMAL 45,000,000 50% 2,231,471,961
OPTIMISTA 56,000,000 40% 3,184,485,006

VPN

PESIMISTA 0 1 2
FCNEGOCIO - 30,000,000 30,000,000

INVERSION 220,000,000 - -
MANTENIMIENTO - - -
RESTOCK - - -
ANTERIORES DUENOS - 35,000,000 -
PUBLICIDAD Y TECNO - - -

TOTAL EGRESOS 220,000,000 35,000,000 -

FCL - 220,000,000 - 5,000,000 30,000,000

NORMAL 0 1 2
FCNEGOCIO - 45,000,000 45,000,000

INVERSION 220,000,000 - -
MANTENIMIENTO - - -
RESTOCK - - -
ANTERIORES DUENOS - 35,000,000 -
PUBLICIDAD Y TECNO - - -

TOTAL EGRESOS 220,000,000 35,000,000 -

FCL - 220,000,000 10,000,000 45,000,000

OPTIMISTA 0 1 2
FCNEGOCIO - 56,000,000 56,000,000

INVERSION 220,000,000 - -
MANTENIMIENTO - - -
RESTOCK - - -
ANTERIORES DUENOS - 35,000,000 -
PUBLICIDAD Y TECNO - - -

TOTAL EGRESOS 220,000,000 35,000,000 -

FCL - 220,000,000 21,000,000 56,000,000

ZA TERCER SEMESTRE DURANTE 6 ANOS
TIR DEL 4 MES HASTA EL MES 70
R SEMESTRE HASTA EL ANO 5
TIR DEL SEGUNDO MES

POND
93,190,872
1,115,735,980
1,273,794,002

2,482,720,854 SERA LA OPCION 1 LA MAS VIABLE

3 4 5 6 7 8
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - -
- - - - - -
- - - - 20,000,000 -
- - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

24,000,000 24,000,000 24,000,000 24,000,000 - 31,000,000 24,000,000

3 4 5 6 7 8
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - -
- - - - - -
- - - - 20,000,000 -
- - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

39,000,000 39,000,000 39,000,000 39,000,000 - 16,000,000 39,000,000

3 4 5 6 7 8
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - -
- - - - - -
- - - - 20,000,000 -
- - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

50,000,000 50,000,000 50,000,000 50,000,000 - 5,000,000 50,000,000

 9 10 11 12 13 14 15
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 41,000,000 6,000,000 26,000,000

24,000,000 24,000,000 4,000,000 24,000,000 - 11,000,000 24,000,000 4,000,000

9 10 11 12 13 14 15
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 41,000,000 6,000,000 26,000,000

39,000,000 39,000,000 19,000,000 39,000,000 4,000,000 39,000,000 19,000,000

9 10 11 12 13 14 15
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 41,000,000 6,000,000 26,000,000

50,000,000 50,000,000 30,000,000 50,000,000 15,000,000 50,000,000 30,000,000

 16 17 18 19 20 21 22
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

24,000,000 24,000,000 24,000,000 - 31,000,000 24,000,000 24,000,000 24,000,000

16 17 18 19 20 21 22
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

39,000,000 39,000,000 39,000,000 - 16,000,000 39,000,000 39,000,000 39,000,000

16 17 18 19 20 21 22
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

50,000,000 50,000,000 50,000,000 - 5,000,000 50,000,000 50,000,000 50,000,000

 23 24 25 26 27 28 29
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

4,000,000 24,000,000 - 33,000,000 24,000,000 4,000,000 24,000,000 24,000,000

23 24 25 26 27 28 29
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

19,000,000 39,000,000 - 18,000,000 39,000,000 19,000,000 39,000,000 39,000,000

23 24 25 26 27 28 29
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

30,000,000 50,000,000 - 7,000,000 50,000,000 30,000,000 50,000,000 50,000,000

 30 31 32 33 34 35 36
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

24,000,000 - 31,000,000 24,000,000 24,000,000 24,000,000 4,000,000 24,000,000

30 31 32 33 34 35 36
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

39,000,000 - 16,000,000 39,000,000 39,000,000 39,000,000 19,000,000 39,000,000

30 31 32 33 34 35 36
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

50,000,000 - 5,000,000 50,000,000 50,000,000 50,000,000 30,000,000 50,000,000

 37 38 39 40 41 42 43
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000

- 33,000,000 24,000,000 4,000,000 24,000,000 24,000,000 24,000,000 - 31,000,000

37 38 39 40 41 42 43
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000

- 18,000,000 39,000,000 19,000,000 39,000,000 39,000,000 39,000,000 - 16,000,000

37 38 39 40 41 42 43
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000

- 7,000,000 50,000,000 30,000,000 50,000,000 50,000,000 50,000,000 - 5,000,000

 44 45 46 47 48 49 50
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000

24,000,000 24,000,000 24,000,000 4,000,000 24,000,000 - 33,000,000 24,000,000

44 45 46 47 48 49 50
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000

39,000,000 39,000,000 39,000,000 19,000,000 39,000,000 - 18,000,000 39,000,000

44 45 46 47 48 49 50
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000

50,000,000 50,000,000 50,000,000 30,000,000 50,000,000 - 7,000,000 50,000,000

 51 52 53 54 55 56 57
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000

4,000,000 24,000,000 24,000,000 24,000,000 - 31,000,000 24,000,000 24,000,000

51 52 53 54 55 56 57
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000

19,000,000 39,000,000 39,000,000 39,000,000 - 16,000,000 39,000,000 39,000,000

51 52 53 54 55 56 57
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000

30,000,000 50,000,000 50,000,000 50,000,000 - 5,000,000 50,000,000 50,000,000

 58 59 60 61 62 63 64
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - 22,000,000 - - -
- 20,000,000 - - - 20,000,000 -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000

24,000,000 4,000,000 24,000,000 - 33,000,000 24,000,000 4,000,000 24,000,000

58 59 60 61 62 63 64
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - 22,000,000 - - -
- 20,000,000 - - - 20,000,000 -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000

39,000,000 19,000,000 39,000,000 - 18,000,000 39,000,000 19,000,000 39,000,000

58 59 60 61 62 63 64
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - 22,000,000 - - -
- 20,000,000 - - - 20,000,000 -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000

50,000,000 30,000,000 50,000,000 - 7,000,000 50,000,000 30,000,000 50,000,000

 65 66 67 68 69 70 71
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000

24,000,000 24,000,000 - 31,000,000 24,000,000 24,000,000 24,000,000 4,000,000

65 66 67 68 69 70 71
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000

39,000,000 39,000,000 - 16,000,000 39,000,000 39,000,000 39,000,000 19,000,000

65 66 67 68 69 70 71
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- - 20,000,000 - - - 20,000,000
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000

50,000,000 50,000,000 - 5,000,000 50,000,000 50,000,000 50,000,000 30,000,000

 72 73 74 75 76 77 78
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - 20,000,000 - - -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000

24,000,000 - 33,000,000 24,000,000 4,000,000 24,000,000 24,000,000 24,000,000

72 73 74 75 76 77 78
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - 20,000,000 - - -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000

39,000,000 - 18,000,000 39,000,000 19,000,000 39,000,000 39,000,000 39,000,000

72 73 74 75 76 77 78
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - 20,000,000 - - -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000

50,000,000 - 7,000,000 50,000,000 30,000,000 50,000,000 50,000,000 50,000,000

 79 80 81 82 83 84 85
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - 22,000,000
20,000,000 - - - 20,000,000 - -
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000

- 31,000,000 24,000,000 24,000,000 24,000,000 4,000,000 24,000,000 - 33,000,000

79 80 81 82 83 84 85
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - 22,000,000
20,000,000 - - - 20,000,000 - -
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000

- 16,000,000 39,000,000 39,000,000 39,000,000 19,000,000 39,000,000 - 18,000,000

79 80 81 82 83 84 85
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - 22,000,000
20,000,000 - - - 20,000,000 - -
35,000,000 - - - - - 35,000,000
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 63,000,000

- 5,000,000 50,000,000 50,000,000 50,000,000 30,000,000 50,000,000 - 7,000,000

 86 87 88 89 90 91 92
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

24,000,000 4,000,000 24,000,000 24,000,000 24,000,000 - 31,000,000 24,000,000

86 87 88 89 90 91 92
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

39,000,000 19,000,000 39,000,000 39,000,000 39,000,000 - 16,000,000 39,000,000

86 87 88 89 90 91 92
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- - - - - 35,000,000 -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 61,000,000 6,000,000

50,000,000 30,000,000 50,000,000 50,000,000 50,000,000 - 5,000,000 50,000,000

 93 94 95 96 97 98 99
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - 22,000,000 - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000

24,000,000 24,000,000 4,000,000 24,000,000 - 33,000,000 24,000,000 4,000,000

93 94 95 96 97 98 99
45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - 22,000,000 - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000

39,000,000 39,000,000 19,000,000 39,000,000 - 18,000,000 39,000,000 19,000,000

93 94 95 96 97 98 99
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - 22,000,000 - -
- - 20,000,000 - - - 20,000,000
- - - - 35,000,000 - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 26,000,000 6,000,000 63,000,000 6,000,000 26,000,000

50,000,000 50,000,000 30,000,000 50,000,000 - 7,000,000 50,000,000 30,000,000

 100 101 102 103 104 105 106
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

24,000,000 24,000,000 24,000,000 - 31,000,000 24,000,000 24,000,000 24,000,000

100 101 102 103 104 105 106

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

39,000,000 39,000,000 39,000,000 - 16,000,000 39,000,000 39,000,000 39,000,000

100 101 102 103 104 105 106

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- - - 20,000,000 - - -
- - - 35,000,000 - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 61,000,000 6,000,000 6,000,000 6,000,000

50,000,000 50,000,000 50,000,000 - 5,000,000 50,000,000 50,000,000 50,000,000

 107 108 109 110 111 112 113
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

4,000,000 24,000,000 - 33,000,000 24,000,000 4,000,000 24,000,000 24,000,000

107 108 109 110 111 112 113

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

19,000,000 39,000,000 - 18,000,000 39,000,000 19,000,000 39,000,000 39,000,000

107 108 109 110 111 112 113

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - 22,000,000 - - - -
20,000,000 - - - 20,000,000 - -
- - 35,000,000 - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 63,000,000 6,000,000 26,000,000 6,000,000 6,000,000

30,000,000 50,000,000 - 7,000,000 50,000,000 30,000,000 50,000,000 50,000,000

 114 115 116 117 118 119 120
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

24,000,000 - 31,000,000 24,000,000 24,000,000 24,000,000 4,000,000 24,000,000

114 115 116 117 118 119 120

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

39,000,000 - 16,000,000 39,000,000 39,000,000 39,000,000 19,000,000 39,000,000

114 115 116 117 118 119 120

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 20,000,000 - - - 20,000,000 -
- 35,000,000 - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 61,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000

50,000,000 - 5,000,000 50,000,000 50,000,000 50,000,000 30,000,000 50,000,000

 121 122 123 124 125 126 127
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

28,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 26,000,000

2,000,000 24,000,000 4,000,000 24,000,000 24,000,000 24,000,000 4,000,000

121 122 123 124 125 126 127

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

28,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 26,000,000

17,000,000 39,000,000 19,000,000 39,000,000 39,000,000 39,000,000 19,000,000

121 122 123 124 125 126 127

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
22,000,000 - - - - - -
- - 20,000,000 - - - 20,000,000
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

28,000,000 6,000,000 26,000,000 6,000,000 6,000,000 6,000,000 26,000,000

28,000,000 50,000,000 30,000,000 50,000,000 50,000,000 50,000,000 30,000,000

 128 129 130 131 132 133 134
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 28,000,000 6,000,000

24,000,000 24,000,000 24,000,000 4,000,000 24,000,000 2,000,000 24,000,000

128 129 130 131 132 133 134

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 28,000,000 6,000,000

39,000,000 39,000,000 39,000,000 19,000,000 39,000,000 17,000,000 39,000,000

128 129 130 131 132 133 134

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - 22,000,000 -
- - - 20,000,000 - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 28,000,000 6,000,000

50,000,000 50,000,000 50,000,000 30,000,000 50,000,000 28,000,000 50,000,000

 135 136 137 138 139 140 141
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 6,000,000

4,000,000 24,000,000 24,000,000 24,000,000 4,000,000 24,000,000 24,000,000

135 136 137 138 139 140 141

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 6,000,000

19,000,000 39,000,000 39,000,000 39,000,000 19,000,000 39,000,000 39,000,000

135 136 137 138 139 140 141

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
20,000,000 - - - 20,000,000 - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

26,000,000 6,000,000 6,000,000 6,000,000 26,000,000 6,000,000 6,000,000

30,000,000 50,000,000 50,000,000 50,000,000 30,000,000 50,000,000 50,000,000

 142 143 144 145 146 147 148
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - 22,000,000 - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 28,000,000 6,000,000 6,000,000 6,000,000

24,000,000 24,000,000 24,000,000 2,000,000 24,000,000 24,000,000 24,000,000

142 143 144 145 146 147 148

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - 22,000,000 - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 28,000,000 6,000,000 6,000,000 6,000,000

39,000,000 39,000,000 39,000,000 17,000,000 39,000,000 39,000,000 39,000,000

142 143 144 145 146 147 148

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - 22,000,000 - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 28,000,000 6,000,000 6,000,000 6,000,000

50,000,000 50,000,000 50,000,000 28,000,000 50,000,000 50,000,000 50,000,000

 149 150 151 152 153 154 155
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

24,000,000 24,000,000 24,000,000 24,000,000 24,000,000 24,000,000 24,000,000

149 150 151 152 153 154 155

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

39,000,000 39,000,000 39,000,000 39,000,000 39,000,000 39,000,000 39,000,000

149 150 151 152 153 154 155

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000

 156 157 158 159 160 161 162
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 28,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

24,000,000 2,000,000 24,000,000 24,000,000 24,000,000 24,000,000 24,000,000

156 157 158 159 160 161 162

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 28,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

39,000,000 17,000,000 39,000,000 39,000,000 39,000,000 39,000,000 39,000,000

156 157 158 159 160 161 162

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- 22,000,000 - - - - -
- - - - - - -
- - - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 28,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

50,000,000 28,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000

 163 164 165 166 167 168
30,000,000 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000

- - - - - -
- - - - - -
- - - - - -
- - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

24,000,000 24,000,000 24,000,000 24,000,000 24,000,000 24,000,000

163 164 165 166 167 168

45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000

- - - - - -
- - - - - -
- - - - - -
- - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

39,000,000 39,000,000 39,000,000 39,000,000 39,000,000 39,000,000

163 164 165 166 167 168

56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - -
- - - - - -
- - - - - -
- - - - - -
6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000

50,000,000 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000

OPCION 2
T OPOR 24% 1.658%
INVERSION 250,000,000
INVERSION 50,000,000 SEMESTRE PRIMER ANO Y FINALIZAR EL 4
RESTOCK 25,000,000 DOS MESES A PARTIR DEL 4 MES
MANTENIMIENTO 65,000,000 ANNUAL SEGUNDO ANO HASTA FIN

VPN
PESIMISTA 36,000,000 15% 400,093,283
NORMAL 48,000,000 35% 941,987,099
OPTIMISTA 56,000,000 50% 1,303,249,643

VPN

PESIMISTA 0 1 2
FCNEGOCIO - 36,000,000 36,000,000
INGRESOS - 36,000,000 36,000,000

INVERSION 250,000,000 - -
INVERSION - - -
RESTOCK - - -
MANTENIMIENTO - - -

TOTAL EGRESOS 250,000,000 - -

FCL - 250,000,000 36,000,000 36,000,000

NORMAL 0 1 2
FCNEGOCIO - 48,000,000 48,000,000
INGRESOS - 48,000,000 48,000,000

INVERSION 250,000,000 - -
INVERSION - - -
RESTOCK - - -
MANTENIMIENTO - - -

TOTAL EGRESOS 250,000,000 - -

FCL - 250,000,000 48,000,000 48,000,000

OPTIMISTA 0 1 2
FCNEGOCIO - 56,000,000 56,000,000
INGRESOS - 56,000,000 56,000,000

INVERSION 250,000,000 - -
INVERSION - - -
RESTOCK - - -
MANTENIMIENTO - - -

TOTAL EGRESOS 250,000,000 - -

FCL - 250,000,000 56,000,000 56,000,000

 ANO Y FINALIZAR EL 4
R DEL 4 MES
DO ANO HASTA FIN

POND
60,013,992
329,695,485
651,624,821

1,041,334,298

3 4 5 6 7 8 9
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - 50,000,000 - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 - 25,000,000 50,000,000 25,000,000 -

36,000,000 11,000,000 36,000,000 11,000,000 - 14,000,000 11,000,000 36,000,000

3 4 5 6 7 8 9
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - 50,000,000 - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 - 25,000,000 50,000,000 25,000,000 -

48,000,000 23,000,000 48,000,000 23,000,000 - 2,000,000 23,000,000 48,000,000

 3 4 5 6 7 8 9
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - 50,000,000 - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 - 25,000,000 50,000,000 25,000,000 -

56,000,000 31,000,000 56,000,000 31,000,000 6,000,000 31,000,000 56,000,000

 10 11 12 13 14 15 16
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - 50,000,000 - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - 65,000,000 - - -

25,000,000 - 25,000,000 115,000,000 25,000,000 - 25,000,000

11,000,000 36,000,000 11,000,000 - 79,000,000 11,000,000 36,000,000 11,000,000

10 11 12 13 14 15 16
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - 50,000,000 - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - 65,000,000 - - -

25,000,000 - 25,000,000 115,000,000 25,000,000 - 25,000,000

23,000,000 48,000,000 23,000,000 - 67,000,000 23,000,000 48,000,000 23,000,000

 10 11 12 13 14 15 16
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - 50,000,000 - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - 65,000,000 - - -

25,000,000 - 25,000,000 115,000,000 25,000,000 - 25,000,000

31,000,000 56,000,000 31,000,000 - 59,000,000 31,000,000 56,000,000 31,000,000

 17 18 19 20 21 22 23
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - 50,000,000 - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 50,000,000 25,000,000 - 25,000,000 -

36,000,000 11,000,000 - 14,000,000 11,000,000 36,000,000 11,000,000 36,000,000

17 18 19 20 21 22 23
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - 50,000,000 - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 50,000,000 25,000,000 - 25,000,000 -

48,000,000 23,000,000 - 2,000,000 23,000,000 48,000,000 23,000,000 48,000,000

 17 18 19 20 21 22 23
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - 50,000,000 - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - -

- 25,000,000 50,000,000 25,000,000 - 25,000,000 -

56,000,000 31,000,000 6,000,000 31,000,000 56,000,000 31,000,000 56,000,000

 24 25 26 27 28 29 30
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- 50,000,000 - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- 65,000,000 - - - - -

25,000,000 115,000,000 25,000,000 - 25,000,000 - 25,000,000

11,000,000 - 79,000,000 11,000,000 36,000,000 11,000,000 36,000,000 11,000,000

24 25 26 27 28 29 30
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- 50,000,000 - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- 65,000,000 - - - - -

25,000,000 115,000,000 25,000,000 - 25,000,000 - 25,000,000

23,000,000 - 67,000,000 23,000,000 48,000,000 23,000,000 48,000,000 23,000,000

 24 25 26 27 28 29 30
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- 50,000,000 - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- 65,000,000 - - - - -

25,000,000 115,000,000 25,000,000 - 25,000,000 - 25,000,000

31,000,000 - 59,000,000 31,000,000 56,000,000 31,000,000 56,000,000 31,000,000

 31 32 33 34 35 36 37
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
50,000,000 - - - - - 50,000,000
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - 65,000,000

50,000,000 25,000,000 - 25,000,000 - 25,000,000 115,000,000

- 14,000,000 11,000,000 36,000,000 11,000,000 36,000,000 11,000,000 - 79,000,000

31 32 33 34 35 36 37
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
50,000,000 - - - - - 50,000,000
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - 65,000,000

50,000,000 25,000,000 - 25,000,000 - 25,000,000 115,000,000

- 2,000,000 23,000,000 48,000,000 23,000,000 48,000,000 23,000,000 - 67,000,000

 31 32 33 34 35 36 37
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
50,000,000 - - - - - 50,000,000
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - - - 65,000,000

50,000,000 25,000,000 - 25,000,000 - 25,000,000 115,000,000

6,000,000 31,000,000 56,000,000 31,000,000 56,000,000 31,000,000 - 59,000,000

 38 39 40 41 42 43 44
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - 50,000,000 -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 50,000,000 25,000,000

11,000,000 36,000,000 11,000,000 36,000,000 11,000,000 - 14,000,000 11,000,000

38 39 40 41 42 43 44
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - 50,000,000 -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 50,000,000 25,000,000

23,000,000 48,000,000 23,000,000 48,000,000 23,000,000 - 2,000,000 23,000,000

 38 39 40 41 42 43 44
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - 50,000,000 -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 50,000,000 25,000,000

31,000,000 56,000,000 31,000,000 56,000,000 31,000,000 6,000,000 31,000,000

 45 46 47 48 49 50 51
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - 65,000,000 - -

- 25,000,000 - 25,000,000 65,000,000 25,000,000 -

36,000,000 11,000,000 36,000,000 11,000,000 - 29,000,000 11,000,000 36,000,000

45 46 47 48 49 50 51
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - 65,000,000 - -

- 25,000,000 - 25,000,000 65,000,000 25,000,000 -

48,000,000 23,000,000 48,000,000 23,000,000 - 17,000,000 23,000,000 48,000,000

 45 46 47 48 49 50 51
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - - - 65,000,000 - -

- 25,000,000 - 25,000,000 65,000,000 25,000,000 -

56,000,000 31,000,000 56,000,000 31,000,000 - 9,000,000 31,000,000 56,000,000

 52 53 54 55 56 57 58
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

11,000,000 36,000,000 11,000,000 36,000,000 11,000,000 36,000,000 11,000,000

52 53 54 55 56 57 58
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

23,000,000 48,000,000 23,000,000 48,000,000 23,000,000 48,000,000 23,000,000

 52 53 54 55 56 57 58
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

31,000,000 56,000,000 31,000,000 56,000,000 31,000,000 56,000,000 31,000,000

 59 60 61 62 63 64 65
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - 65,000,000 - - - -

- 25,000,000 65,000,000 25,000,000 - 25,000,000 -

36,000,000 11,000,000 - 29,000,000 11,000,000 36,000,000 11,000,000 36,000,000

59 60 61 62 63 64 65
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - 65,000,000 - - - -

- 25,000,000 65,000,000 25,000,000 - 25,000,000 -

48,000,000 23,000,000 - 17,000,000 23,000,000 48,000,000 23,000,000 48,000,000

 59 60 61 62 63 64 65
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
- - 65,000,000 - - - -

- 25,000,000 65,000,000 25,000,000 - 25,000,000 -

56,000,000 31,000,000 - 9,000,000 31,000,000 56,000,000 31,000,000 56,000,000

 66 67 68 69 70 71 72
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

11,000,000 36,000,000 11,000,000 36,000,000 11,000,000 36,000,000 11,000,000

66 67 68 69 70 71 72
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

23,000,000 48,000,000 23,000,000 48,000,000 23,000,000 48,000,000 23,000,000

 66 67 68 69 70 71 72
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
25,000,000 - 25,000,000 - 25,000,000 - 25,000,000
- - - - - - -

25,000,000 - 25,000,000 - 25,000,000 - 25,000,000

31,000,000 56,000,000 31,000,000 56,000,000 31,000,000 56,000,000 31,000,000

 73 74 75 76 77 78 79
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
65,000,000 - - - - - -

65,000,000 25,000,000 - 25,000,000 - 25,000,000 -

- 29,000,000 11,000,000 36,000,000 11,000,000 36,000,000 11,000,000 36,000,000

73 74 75 76 77 78 79
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
65,000,000 - - - - - -

65,000,000 25,000,000 - 25,000,000 - 25,000,000 -

- 17,000,000 23,000,000 48,000,000 23,000,000 48,000,000 23,000,000 48,000,000

 73 74 75 76 77 78 79
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - - - -
- - - - - - -
- 25,000,000 - 25,000,000 - 25,000,000 -
65,000,000 - - - - - -

65,000,000 25,000,000 - 25,000,000 - 25,000,000 -

- 9,000,000 31,000,000 56,000,000 31,000,000 56,000,000 31,000,000 56,000,000

 80 81 82 83 84
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000
36,000,000 36,000,000 36,000,000 36,000,000 36,000,000

- - - - -
- - - - -
25,000,000 - 25,000,000 - 25,000,000
- - - - -

25,000,000 - 25,000,000 - 25,000,000

11,000,000 36,000,000 11,000,000 36,000,000 11,000,000

80 81 82 83 84
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000
48,000,000 48,000,000 48,000,000 48,000,000 48,000,000

- - - - -
- - - - -
25,000,000 - 25,000,000 - 25,000,000
- - - - -

25,000,000 - 25,000,000 - 25,000,000

23,000,000 48,000,000 23,000,000 48,000,000 23,000,000

 80 81 82 83 84
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000
56,000,000 56,000,000 56,000,000 56,000,000 56,000,000

- - - - -
- - - - -
25,000,000 - 25,000,000 - 25,000,000
- - - - -

25,000,000 - 25,000,000 - 25,000,000

31,000,000 56,000,000 31,000,000 56,000,000 31,000,000