“AÑO DE LA LUCHA CONTRA LA CORRUPCION Y LA

IMPUNITY

FACULTY OF ECONOMIC SCIENCES

SCHOOL OF ACCOUNTING

SUBJECT:
FORMULATION AND EVALUATION OF PROJECTS

THEME:
CHICKEN BREEDING PROJECT

TEACHER:
LAVALLE GOD PETER PAUL

ESTUDIANTES:

CARRILLO SILVA CARLOS JUNIOR

MILTON CARRILLO URBINA
SILVA SOCOLA LUIS ENRIQUE

Tumbes - Peru
2019

INDEX
 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

INDEX- 2
INTRODUCTION- 3
PRIVATE INVESTMENT PROJECT- 5
CREATION OF A CHICKEN FARM
PRODUCTION- 20
PROJECTION OF THE SUPPLY------------------------------------------------------------------------------09
ECONOMIC AND FINANCIAL FLOW.-38
ECONOMIC EVALUATION.-38
CURRENT ECONOMIC NET VALUE. (VANE)-------------------------------------------------------38
INTERNAL RATE OF ECONOMIC RETURN.
COST BENEFIT RATIO B/C.-39
PAYBACK PERIOD OF THE INVESTMENT-------------------------------------------------39
CURRENT NET FINANCIAL VALUE------------------------------------------------------------------40
INTERNAL RATE OF FINANCIAL RETURN------------------------------------40
BIBLIOGRAPHY- 41

INTRODUCTION

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

The demographic increase of our national population is parallel to

the nutritional needs in contradiction of foods at the national level. In
this opportunity we want to contribute to livestock production "Raising birds".
The fact that the poultry industry is practically the heritage of companies.
national and Peruvian capitals dependent on them, drives us to lead to
the raising of broiler chickens in rural areas and thus optimizing their management and
driving of them. In this way, we contribute to the transfer and
exchange of nutritional needs.

ThesuccessA good poultry farming relies on professional and excellent management.

nurturing, and for that we must give importance to therecordsand analyze the
results obtained on the farm. It is advisable to demand a good
number of small chickens, a first-class food or balanced feed, a
good farm management and excellent biosecurity. But we have to have
present the accounting, technical, and economic management of a farm, for
to complement the entire cycle that this line requires, which is done in the current time
very competitive for thesupply and demandexisting, the inflations and devaluations

The evaluation of this project begins with the Market study, where we
analyze the demand by investigating the unmet need in the market of
quality fattening chickens, includes the analysis of the supply where it will be given to
to know what other companies in the southern sector are engaged in fattening activities
and sale of chickens and the analysis of its marketing, determining
what means will be used to get our products to
our clients, then we focus on the optimal localization of the design,
determine the optimal size of the facilities (sheds and other amenities) the
which will respond to the unmet demand identified in the market study,
type of production cycles (appropriate selling age of the chickens expressed in
days), quantity and type of each of the machines needed to maintain the
favorable conditions for the proper growth of chickens, determine the
number of warehouses, the convenient distribution and dimensions of the warehouses and

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

installation of machinery in them, distribution of facilities of

electric energy and water, drainage systems, storage areas of
raw material, among others, thus achieving an adequate management of
areas or spaces of the land where the company will be installed.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

PRIVATE INVESTMENT PROJECT

CREATION OF A CHICKEN FARM

MARKET STUDY

One of the economic activities that has experienced an incredible

growth and development, in recent decades is poultry activity, which
includes the production of poultry meat (chicken).

ThePeruvian Poultry Association(APA) reported that the increase of

purchasing power of thePeruvian middle classhas managed to double the consumption
per capita chicken at the national level in the last ten years (2004-2013).

During that period (2004-2013), per capita chicken consumption has grown by
92% on average, while the price of eggs increased by 55%.

1. DEFINITION OF PRODUCTS

The main products are:

Broiler chicken or COBB 500.

The pollen

The poultry manure will also be sold, which is the bird's fecal waste.
that the production of compost for fertilization will proceed
organic in the agricultural fields of the Tumbes region.

2. CHARACTERISTICS OF THE PRODUCTS TO BE OFFERED.

The sales will be done directly with the wholesaler.

This chicken meat will come from the Cobb-500 line, which is characterized by
to be animals of good conformation and excellent growth rate and they are
competitive breeders. They could weigh between 1,800 kg and 2,500 kg.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

3. PROJECT INFLUENCE AREA

The project's area of influence covers the province of Tumbes.

Tumbes is acityfrom the northwest corner of thePeru, located near the

mouth of theTumbes Riverin theGulf of Guayaquil(Pacific Ocean),
a 30kmfrom the border with theEcuadorIts length is approximately
65 Km.

4. ANALYSIS OF THE SUPPLY OF BROILERS

CHARACTERISTICS OF THE MARKET SQUARE.

It is characterized by being a market that imports these types of birds.

from different parts of the country, which results in a very high price.

COMPETITION.

The main chicken suppliers in the province of Tumbes are

from other departments since there are no poultry farms in the area.

Below are the main chicken producers at the national level:

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

REGIONS PRODUCTION
LIMA 55%
FREEDOM 19%
AREQUIPA 10%
ICA 5%
ANCASH 3%
SAN MARTIN 2%
PIURA 2%
OTHERS 4%

Today there are nearly 60 registered poultry companies that account for 60% of
the national offer:

San Fernando 29%

Round 12%
Chimú Agriculture 7%
Saint Elena 5%
Avinka. 4%
El Rocío, among others. 3.6%

PRICES. The price of farm chicken will be between S/. 4.80 and S/.
6.00 per kg respectively, which will vary according to supply
and demand.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

5. PROJECTION OF EXISTING AND POTENTIAL SUPPLY

PROJECTION OF THE OFFER

PROJECTION OF THE SUPPLY

YEARS MONTHLY AVERAGE PER EACH
POULTRY
2007 176.466
2008 177.189
2009 177.912
2010 178.635
2011 179.358
2012 180.082
2013 180.805
2014 181.528
2015 184.430
Preliminary August 2016 185.662

6. DEMAND ANALYSIS

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

6.1.1 PROJECTION AND TREND OF DEMAND.

The main objective pursued with demand analysis is

determine and measure what are the forces that affect the
market requirements regarding a good or service, thus
how to determine the possibility of participation of the product of
project in the satisfaction of said demand. The demand is a function
of a series of factors, such as the real need that exists for the
good or service, its price, the income level of the population, and others,
so in the study it will be necessary to take into account information
coming from primary and secondary sources, from indicators
econometric, etc.

7. MARKETING

The marketing strategies we will use to immerse ourselves in the market,

until we become known and more stable (economically speaking), they will be
the following:

Having regular customers.

Always seek new markets at both regional and national levels.

Offer a slightly lower price.

Offer credit to reliable buyers.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

8. SIZE AND LOCATION

8.1 Size

Size is defined as the maximum production capacity of the project.

being 75,000 chickens per campaign, 5 barns are required that
breed 15,000 chickens each, considering a mortality rate of 3%.
obtaining a production of 363750 chickens in 5 campaigns a year
year, with a weight of 1,800 to 2,500 Kg per chicken. In addition to 1 hectare

to carry out the construction of the infrastructure works of the facility.

8.2Selection of size

The capacity to be installed is 40000 m.2, with 5 warehouses with

a capacity for 15,000 chickens, each shed will consist of 1,900 m2, with
a density per shed of 7.89 birds/m2.

8.3 Selection of size

The capacity that is desired to be installed is 40000 m.2with 5 warehouses with

a capacity for 15,000 chickens, each barn will consist of 1,900 m2, with
a density of 7.89 birds/m per shed2.

8.4 Localization

Macro localization:

The chosen location is TUMBES.

Factors:

1-Proximity to the market

2-Availability of supplies

3-Labor

4-Clima

5-Land (installations)

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Micro localization:

Santa Rosa, San Jacinto.

Santa Rosa

B= San Jacinto

Factors 100% A B A B

Proximity to the market 25 4 4 100 100

Availability of supplies 20 3 4 60 80

Labor 20 4 2 80 40
Climate 15 3 3 45 45
Land 10 5 1 50 10
Means of communication 10 3 3 30 30 A B

Total 100% 22 17 365 305

The chosen location is Santa Rosa, which is a populated center.

belonging to the San Jacinto district located half an hour from the city of
Tumbes.

8.5 Availability of infrastructure (access roads, energy, water and

drainage

The access roads are quite good. The energy is supplied by the
company ELECTRONORTE S.A.C and for the water there will be 2 wells
underground and 3 water tanks of 1000 L each, from which it will be extracted
by means of propulsion engines.

WATER: There will be potable water provided by AGUAS DE TUMBES

S.A.

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FACULTY OF ECONOMIC SCIENCES
School of Accounting

RICE HUSK: It is purchased from nearby farmers.

zone. Will be used as bedding material for the reception of chicks with
a height of 3 to 5 cm.

Analysis of the factors that justify the location

One of the main reasons for the location of the farm, if not the most
important, it refers to the proximity to the market and also because they have
with an access route that facilitates the arrival of the product into the hands of
consumer in optimal conditions, and to the raw material suppliers.

In addition to that, it is a place with less traffic and therefore less

pollution.

9. PROJECT DESCRIPTION

The project consists of installing a broiler chicken farm.

The farm will consist of 5 barns, with a capacity of 15,000 per barn.
chickens. These will function in such a way that at the end of each campaign, they will be removed.

to the market 75,000 chickens with a 3% mortality rate, with a rest for
15 days warehouse for cleaning and disinfection.

9.1 Description and Characteristics of the Production Process.

Line Used:
The COBB 500 broiler line will be used.

Technical Specifications of the COBB-500 Chicken

The characteristics related to body weights and conversions
nutritional are in the following scheme:

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Features
Feasibility 96%
Color of the plumage White
Skin color Yellow
Dressed weight yield 78%
Sexed At birth.
Food Conversion 1.85 M;1.95 H
Final weight 2.6 Kg.

This chicken meat is characterized by having a low fat content,

and a color suitable to meet the tastes and preferences of the
consumers.

The characteristics related to body weights are given below:

Stags Females Average

1 Week 194 185 190
2 Week 461 426 444
3 Week 842 757 800
4 Week 1309 1160 1234
5 Week 1817 1582 1700
6 Week 2347 2009 2178
7 Week 2897 2440 2668

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

The characteristics of daily consumption are:

Macho Females Average

1 Week 174 168 171
2 Week 541 522 532
3 Week 1130 1059 1094
4 Week 1944 1772 1858
5 Week 2943 2655 2799
6 Week 4131 3703 3917
7 Week 5495 4910 5202

GUANO:

The characteristics of chicken manure are as follows.

The poultry litter made up of rice husks and the excrements of the
chickens, the volume of the accumulated excrement at 42 days of
production will be sold by weight (ton) at the same farm to the
interested parties for agricultural or livestock use.

9.2 Staged Management Program

The handling of the BB chicks until the market is as follows:

Reception management (0 - 1)
Management at the start (2 - 14 days)
Management during growth (15 - 30 days)
Management in the finishing (30 or 31 - sale)
Sale of live chickens at the age of 36-42 days (females and
dudes).

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

9.3 Interrelation With Other Institutions

The most important suppliers in the company are:

Incubators: Incubators of Peru S.A.C

Proveedores de insumos sanitarios:Montana, Invetsa S.A.C.

9.4 Project Requirement

Production and Transformation Infrastructure

Every farm must be located away from others and from populated centers.
preference protected by natural barriers, but close to the roads and
water sources, etc.

Facilities

Land. Total area and layout of the farm.

The farm is located in Santa Rosa (San Jacinto). The size of the land
It is 1 hectare. The design of the farm consists of two zones.
differentiated: a service area and a warehouse area. The area of
farm services will be located at the entrance of the farm, in the middle of the
access road and has the following buildings:

A) Parking lot and disinfection ramp.

B) Farm office, housing, dining room.

C) Equipment and tools warehouse.

E) Water reservoir

F) General external water network.

The warehouse area consists of:

5 warehouses, the dimensions of the warehouses are:

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

WAREHOUSE LONGITUDE WIDTH NºAVES

1 185 m 10 m 15000 birds
2 185 m 10 m 15000 birds
3 185 m 10 m 15000 birds
4 185 m 10 m 15000 birds
5 185 m 10 m 15000 birds

There is a 20 m separation between each shed.

Water tanks: Each shed has its own tank and will be located in a way
aligned to one of the wide sides of the shed. Thus, the capacity of each tank is:

Shed WATER TANK (LT)

1 1000
2 1000
3 1000
4 1000
5 1000

Gas network.

Internal water installation in warehouses.

Washing areas for equipment for each shed.

The floor of the warehouse is made of porous cement, allowing for easy cleaning.
disinfection, as well as better management of the bed which
keeps for longer.

Installation (sheds) civil works, warehouses, etc. Construction.

a) Warehouses:

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Each shed contains a concrete floor, side walls made

made of cement and stones with a height of 1.50 meters and also covered with
Wood 1.25 meters. For the trusses, there are sticks of different lengths,
which are located every 3 m. The central height is 4.40 m and the lateral is
2.75 meters. The roof is covered with special painted corrugated metal.
white.
Observations: The warehouses are characterized by their control of
temperature, humidity, and proper ventilation. The temperature range to
The tolerated temperature in the barn is between 23-35 degrees °C. Excess is controlled.

humidity of the environment and the ventilation of the room to prevent diseases
from the respiratory pathways. Ventilation helps eliminate excesses of
humidity and heat.
The warehouses are built with noble material, as is the housing and
the dining room

b) Equipment.
As a biosecurity measure, no equipment used in a venue will be
used in another without it being possible to clean it properly
the equipment before using them in other warehouses.
The equipment to be used:
For every 1000 chickens, 25 feeders will be used.

1875 hopper plates

For every 1000 chickens, 8 drinkers will be used.

600 water fountains

For every 1000 chickens, 12 baby feeders will be used.

900 baby feeders.

For the 15,000 chicks, they will be used.

100 bells---------------- 20 bells in each shed

For every 1000 chickens, 6 automatic drinkers will be used. They will be

designed on bricks so that they can support their weight and shape
(Each drinking trough measures 2 X 3.6 meters)

90 automatic drinkers.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

In addition, the following will be used:

5 clock scales.
2 gas flamethrowers
1 pump
2 wheelbarrows

c) Machinery.
The main machines in the farm's feed plant are: A
mill, a mixer. Those from the farm are as follows:
A Mitsubishi truck of 3.5 tons.
Spraying machine that will be used for the disinfection booth and the
cleaning tasks of each shed.

d) Tools.
Las herramientas utilizadas en el proceso productivo y el mantenimiento
for the total number of warehouses.
10 spoon spades
5 Buggy
5 Pliers
10 Rakes
10 Lanterns
10 Plastic Buckets.
10 Brooms
5 Hammer

9.5 PRODUCTION PROCESS

9.5.1 WAREHOUSE PREPARATION:

Once the previous campaign is finished, the guano extraction will proceed.
This is recommended to be done as soon as possible. The guano will be sold to
the buyers who require it.

The following day, the cleaning of the shed is carried out, that is to say, first it is ...

barre todo el polvo acumulado en el piso del galpón y se sacude el polvo de

the side nets of the shed, finishing up removing the dust, are
Proceed to wash the shed, this is done the next day.

The equipment is washed with a quaternary ammonium solution. Include 100% of the
readers, drinkers, curtains, etc. Wash the barns, basically the roof and

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

the nets with pressurized water, using the fumigation motorcycle are
I clean the entire shed including the nets, chlorinated water is used for
clean the water supply system of the shed. After finishing washing, it
let the shed dry by itself.
Disinfection on the farm is done with liquid detergent for everything.
shed; after disinfecting, it is left to dry on its own, the next day
proceed to fumigate the shed, this is done with a disinfectant,
continuing with the disinfection. (Day 5).

The next day (DAY 6) it is fumigated with a backpack.

At the end of this whole process, the real rest of the

shed, until the arrival of the baby chicks.

The preparation of the shed to receive the BB chicks begins 3

days before the calculated arrival date, on the 3rd day before the date, it
place the rice husk, the necessary amount to form a bed
thick from 3 to 5 cm in the reception area, then, since each task is
On each day, on the 2nd day the external curtains are placed and the
microclimate of internal curtains, the external curtains cover the sides of the
shed and the two inner sides of the reception area to avoid the
entry of some harmful air current for the chicks if it is too
cold.

After setting up the microclimate, the installation of the ...

equipment for raising baby chicks.

Then the heating system is connected, the hoses were connected.

to the gas conduits so that the other end can be connected
to the bells, which were installed at a height of 0.90 to 1 m from
height to the floor, a total of 20 bells were used for each shed, it

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

he connected the gas pipe to the gas cylinder through the valve of
Fisher of 100 pounds which was located in the warehouse of the shed. They are
necessary the bells to ensure the maintenance of the
initial body temperature of the chick and to ensure a good
plume. The bell must be at an appropriate height and must be adjusted
according to the temperature required for a certain age of the chick
so that he/she feels comfortable.

9.5.2 Chick Accommodation

The exact date and time of the arrival of the BB chick must be known so that
these do not suffer from stress due to waiting time before their accommodation.

Upon the arrival of the chicks, all boxes must be unloaded as soon as possible.
however possible trying to count the number of BB chickens that are
arriving to distribute them equally in the warehouse. Each warehouse
It will have 10 circles of 1,500 chickens each properly spaced.

Keep in mind that chicks need a specific temperature and

therefore we must ensure that the heating works with
normality and that they are at an adequate height above the chicks.

Temperature control in Chickens

Age Temperature

1st week 30.1 º C

2nd week 27.6 º C

3rd week 25.0 º C

4 weeks 22.6 º C

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

5th week 19.9 º C

6th - 7th week 21.0 °C

9.5.3 Management of BB chicks

Once the BB chicken has been received and stored, it is proceeded to

observe and control the progress of development throughout the
start period of the BB chickens. We need to control the following
characteristics:

Distribution of birds.
Food and drinking water must not be lacking.
Notice changes in bird behavior.

9.5.4 Lighting program

A strict lighting program will not be taken, due to the type of breeding.
develop. Light in broiler chickens is not as necessary as in the
raising laying hens.

9.5.5 Vaccination Program

First of all, we must ensure the origin of our BB chickens,

that come from breeders that have health guarantees and
may be born with high maternal immunity.

Below is a vaccination schedule that must be followed in

rigorous form

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Stage Age Vaccine Way

1 Vaccine 8 days Gumboro Water

drink
2 Vaccine 11 days HCI Subcutaneous

3 Vaccine 13 days NC + BI Spray

4 Vaccine 16 days Gumboro Water - drink

5 Vaccine 26 days NC Water - drink

Important points during vaccination:

Ensure that the vaccines are in good condition and that there are no
past its expiration date.
Have the tanks filled with water ready and that it is not found
chlorinated, on the contrary, the vaccine will not be effective.
If it is possible to distribute the vaccine in buckets in each channel, this is

after the chickens have been without drinking for 2 hours, do not leave
a long time without water for the chickens, otherwise they will spill the water with the

vaccine for wanting to desperately take.

The temporary staff needed for these tasks must consist of 2 people.
gallon / vaccination.

9.5.6 Health Precautions

At the end of the campaign, a product is required that has all the
positive characteristics for the consumer, therefore it would be
considering the following measures:

a. Location of the warehouses

Our warehouses will be built properly to obtain
good ventilation.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

When the weather is hot, one should make the most of the ...

natural possibilities for shading.

b. Team
The type of equipment to be used must be durable and water-resistant, this is
the case that in a disinfection of the equipment allows for safety in the
production.

c. Changing rooms

Access to personnel directly from the street will be avoided, that is, before
To enter the farm, you must first go through the locker room.
street clothes here and before changing from work clothes, it will be proceeded
The respective bathroom should be as close as possible to the main entrance. Each
a person must have independent footwear and clothing, the visitors do not
frequent visitors of strangers to the farm will be provided with a
protective clothing.

d. Reservoir control:
There are various products on the market that can help us to
control those animals that could be considered as sources of
infection within the farm (rats, rodents, and wild birds) and that
take it as a precaution.

e. Type of bed.
The rice straw will be used as the only bedding for the birds, being this
of good quality and mold-free.

f. Other birds.
The raising of other birds on the farm will not be allowed, as it is considered
potential source of infection.

g. Dead birds.

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

The dead birds subjected to a necropsy must be

incinerated and placed in a mass grave immediately adding
live cal to prevent the spread of diseases.

It will have a secluded environment to perform the necropsies.

10 INVESTMENTS FOR THE PROJECT

10.1 INVESTMENTS.

INVESTMENT STRUCTURE
DATA UNIDAD Precio Total
FIXED INVERSION
A) FIXED ASSETS
LAND 800.000,00
1,000.0 3,000.0
UNDERGROUND WELLS 3 0 0
1000 L water tanks 286.0 1,430.0
C/U 5 0 0

EQUIPMENT
TEAM 166,870.00
94.250,0 94,250.0
TRUCK BRAND MITSUBISHI 1 0 0

INSTALLATIONS
25,000.0
WAREHOUSES 5 0 125,000.00

12,000.0
COMPLEMENTARY 0
TOTAL INVESTMENT 802.950,00

DEPRECIATION.

Value Lifespan Dep. Residual Value

annual
VEHICLES 94250 5 18850 18850
UNDERGROUND WELLS 3000 20 150 2400
WATER TANKS 1430 10 143 858
WAREHOUSES OR BUILDINGS 75000 20 3750 60000
MACHINERY AND EQUIPMENT 261120 10 26112 156672
434800 49005 238780

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

AMORTIZATION OF INTANGIBLES.

source of financing
monetary units

Source Destinations percentage interest

Fixed investmentFinanced Total
Own contribution 481530 481530,00 0.6 Interest
Loans 321020 321020.00 0.4 20% annual
Total 802.550,00 100% 0.01666667 Monthly

10.2 FINANCING.
SOURCES OF FINANCING.

Concept Years
1 year 2 years 3 years
Chicks 363750 363750 363750
Price per chicken 13.75 13.75 13,75
Sales revenue 5001562.5 5001562,5 5001562.5
Loan 0 0 559800,00
Total 5001562.5 5001562.5 5561362.5

Salary Workers Months Total

S/. 950 10 12 11,400,000

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Concept YEARS
1 2 3
3,164,005 3,164,005 3,164,005
Production costs 00 00 00
2,910,000 2,910,000 2,910,000
Raw material 00 00 00
135,000 135,000 135,000
Direct labor 00 00 00
50,000 50,000 50,000
Supplies 00 00 00
20,000 20,000 20,000
Other indirect expenses 00 00 00
49.005 49.005 49.005,
Depreciation 00 00 00
13,000 13,000 13,000
Operating expenses 00 00 00
11.000, 11,000 11,000
Sales expenses 00 00 00
5,000 5,000 5,000
Sales personnel 00 00 00
1,000 1.000 1,000
Other expenses 00 00 00
5,000 5,000 5,000
Shipping of the merchandise 00 00 00
5,100 5.100 5,100
Administrative expenses 00 00 00
2,000 2.000 2.000
Administrative staff 00 00 00
800 800 800
Office supplies ,00 ,00 ,00
1,800 1.800, 1,800
Mobility 00 00 00
500 500 500
Others ,00 ,00 ,00
79.590 11.988
Financial expenses 20 30 -
79,590 11.988
Interests 20 30 -
3,256,595 3,188,993 3,177,005
Total 20 30 00

11 INCOME.

FLOW OF
BOX

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FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

(Monetary units)

YEARS
Concept 0 1 2 3
Benefits 5,001,562,5 5,001,562,5 5,561,362,5
Sales revenue 5,001,562,5 5,001,562,5 5,001,562,5
Other income 0 0 559,800
COSTS 3,648,560,19 3,668,840,76 3,840,377,25
Investment 802.550,00
3,115,000 3,115,000, 3,115,000.0
Production costs 00 00 0
11,000 11,000 11,000.0
Gastos de ventas 00 00 0
Administrative expenses 0 0 0
522,560 542,840 714.377,2
Taxes 19 76 5
-802.550
Economic flow 00 1353002.31 1332721,74 1720985,25
321.020
Loan ,00
79.590 11.988
Interests 20 30 0
-481.530 1,273,412 1.320.733, 1.720.985,2
Cash flow 00 11 44 5
Own contribution 481.530,00
1,273,412 1.320.733, 1.720.985,2
Accumulated balance - 11 44 5

FLOW OF
BOX

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Monetary units

YEARS
Concept 0 1 2 3
5,001,562 5,001,562, 5,001,562, 5
Benefits 50 50 0
5,001,562 5,001,562
Sales Revenue 50 50 0
459,800.0
Other income - - 0
4,049,871 4.070.152, 4.211.688,5
COSTS 44 01 0
802.550
Investment ,00
3,115,000 3,115,000.00
Production costs 00 00 0
11,000 11,000 11,000.0
Sales expenses 00 00 0
21.755 21.755 21,755.0
Administrative expenses 00 00 0
902.116 922,397. 1,063,933.5
Taxes 44 01 0
-802.550 951.691 931.410 789,874.0
Economic flow 00 06 49 0
321.020
Loan ,00
79.590 11.988
Interests 20 30 -
203.243 117.776
Amortization 09 80
-481.530 668.857 801.645 789,874.0
Financial flow 00 77 39 0
481.530
Own contribution ,00
668.857 801.645 789,874.0
Accumulated balance - 77 39 0

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

12 COSTS.

STATEMENT OF PROFITS AND LOSSES.

STATEMENT OF PROFIT AND LOSS

(Monetary units)

Concept 1 year 2 year 3 years

Sales revenue 5,001,562 5,001,562 5,561,362.5
.50 .50 0
Production cost 3,164,005 3,164,005 3,164,005.0
.00 .00 0
Gross profit 1,837,557 1,837,557 2,397,357.5
.50 .50 0
Sales expenses 11,000 11,000 11,000.0
.00 .00 0
Administrative expenses 5,10 5,10 5,100.
0.00 0.00 00
Operating income 1,821,457 1,821,457 2,381,257.5
.50 .50 0
Financial expenses 79.59 11,988
0.20 .30 -
Utility before of 1,741,867 1,809,469 2,381,257.5
taxes .30 .20 0
Income Tax 522,560 542,840 714,377.2
(30%) .19 .76 5
Net utility 1,219,307 1,266,628 1,666,880.2
.11 .44 5

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

ECONOMIC AND FINANCIAL FLOW.

ECONOMIC EVALUATION.

NET ECONOMIC PRESENT VALUE. (VANE)

20%
YEAR Economic flow Factor of Current value
update
1.20
0 -802.550,00 1 -802.550,00
1 951.691,06 0.83333333 793.075,88
2 931,410.49 0.69444444 646,812.84
3 789,874.00 0.5787037 457.103,01
VANE 1,094,441.73

INTERNAL ECONOMIC RATE OF RETURN.

Years Economic flow Factor of VAN Factor of VAN

update update
20% 90%
0 $ -802.550,00 1 S/ -802,550.00 1 S/ -802.550,00
1 $ 951,691.06 0.833333333 S/. 793.075,88 0.52631579 S/ 500.890,03
2 S/ 931,410.49 0.694444444 S/ 646.812,84 0,27700831 S/. 258,008.45
3 S/. 789.874,00 0.578703704 S/. 457,103.01 0.14579385 S/. 115.158,77
VAN S/. 1,094,441.73 S/. 71,507.25
46%

94.
TIRE 89

COST-BENEFIT RATIO B/C.

YEARS Gross benefit Total costs

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

Factor of Benefits Costs

update updated updated

20%
0 0 $802,550.00 1 0 S/. 802.550,00
1 S/ 5.001.562,50 S/. 3.648.560,19 0.83 $ 4,167,968.75 S/. 3.040.466,83
2 S/. 5.001.562,50 S/. 3.668.840,76 0.69 S/ 3,473,307.29 S/. 2.547.806,08
3 $ 5.001.562,50 S/. 3.840.377,25 0.58 S/. 2,894,422.74 S/. 2.222.440,54
S/. 10,535,698.78 S/. 8,613,263.45
B/C 1.223194768

PAYBACK PERIOD
FACTOR OF
NET BENEFIT NET INCOME
YEARS INVERSION NET PROFIT UPDATE
UPDATED ACTUAL ACCUMULATED
20%

0 S/. 802.550,00
1 S/. 1.353.002,31 0,83 $ 1.127.501,93 S/. 1.127.501,93
2 S/. 1.332.721,74 0.69 S/ 925.501,21 S/. 2,053,003.13
3 S/. 1,720,985.25 0.58 S/. 995.940,54 S/. 3,048,943.67
TOTAL S/. 3.048.943,67 S/. 6.229.448,73
For each year S/. 1.016.314,56 S/. 2.076.482,91
S/.
PRI 802.550,00
S/.
1,016,314.56
0.7896
67 YEARS

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 NATIONAL UNIVERSITY OF TUMBES
FACULTAD DE CIENCIAS ECONÓMICAS
SCHOOL OF ACCOUNTING

FINANCIAL NET PRESENT VALUE

Year Flujo Financiero Factor of Current Value
Update

0.2
0 -481.530,00 1 -481530
1 668,857.77 0.83333333 557381.475
2 801,645.39 0.5787037 463915.1563
3 789,874.00 0.5787037 457103.0093
996869.6405

VANF = 996869.6405 > 0

VANF= S/.996,869.64

INTERNAL RATE OF FINANCIAL RETURN

Flow Factor of Factor of
Year VAN
Economic Update Update VAN
65% 0.7
0 -802.550,00 1 -802550 1 -802550
1 1353002.31 0.606060606 820001.4 0.588235294 795883.706
2 1332721,74 0.367309458 489521.3003 0.346020761 461149.389
3 1720985.25 0.222611793 383111.612 0.203541624 350292.126
890084.3123 804775

1.106003625
TIRF= 65.52168063 70.53001965 5
65 5.530018126
TIRF= 163% 70.53001813

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 NATIONAL UNIVERSITY OF TUMBES
FACULTY OF ECONOMIC SCIENCES
SCHOOL OF ACCOUNTING

BIBLIOGRAFÍA

PROJECTS OF PERU, RECOVERED FROM:

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Raising chicks is a matter of care.