Nov15 Final DB-15 (Autoguardado)

RECURSOS MINERALES MINA DON MARIO - EVALUACION FINANCIERA

TONELAJE POTENCIA (m) Pb % Zn % Ag Oz/t

Veta Don Mario (Medido+Indicado) Sulfuro 13,505 1.12 3.41 10.56 3.42 Veta Juanita (Medido+Indicado) Sulfuro 15,105 1.06 10.90 2.09 0.51

Veta Juanita (Inferido) Sulfuro 31,418 1.06 10.90 2.09 0.51 TOTAL MINERAL MEDIDO + INDICADO 28,610 1.09 7.05 6.44 2.01

RECURSOS DON MARIO - CORMIN 2012 TMNv 4250 - T1, T2, T3 y T4 15820Nv 4210 (4225) - T1, T2, T3 y T4 19850Don Mario ( Nv. 4250 + 4225) 35670

TIPO DE MINERAL

PLAN DE PRODUCCION

Mina Don Mario 1 (*) 2 3 4 5 6 7 8 9 10 11 12 TotalTMS 511 1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133 4,000 29,431 % Pb 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 % Zn 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56

opt Ag 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42

(*) Inicio del Proyecto Don Mario Setiembre 2015Mes 4 : Inicio explotación Tj 1 - Nv 4250

GOLDEN MOUNTAIN ATILUD

DESARROLLO Y PREPARACIONES 2014

DESARROLLO MINA SECCION 1 2 3 4 5 6 7 8 9 10 11 12 TOTALPRIMERA ETAPA

Nivel 4250 - Rehabilitacion m. 4 x 4 500 500 1,000

Galeria Nv 4250 m. 2.5 X 2.5 50 70 120

By Pass 440 (Nivel 380)-expl. m. 2.5 x 2.50 100 50 150

SEGUNDA ETAPA

Rampa (Nivel 4225) m. 3.5 X 3.0 80 120 80 120 400

Ventana 1 (Nivel 4225) m. 2.5 X 2.5 20 20 40

Chimenea simple (Nv. 4225) m. 1.5 x 1.5 26 26 52

Galeria (Nv.4225) m. 2.5 X 2.5 50 70 50 70 240

Refugios (Rampa 225) - 3 m. 3.5 X 3.0 20 10 20 10 60 TOTAL MTS. m. 100 70 80 190 96 80 190 96 1,062

PREPARACIONES SECCION 1 2 3 4 5 6 7 8 9 10 11 12 TOTALPRIMERA ETAPA

Chimenea (Nivel 4250) m. 1.5 x 1.5 20 40 20 80 Subnivel (Nv.4250 /T1,T2,T3,T4) m. 1.2 X 1.8 80 33 113 Ventanas (NV.4250) -12 m. 2.5 X 2.5 18 18 36 Inclinados (Nv.4250) - 12 m. 2.0 X 2.0 24 24 48

SEGUNDA ETAPAChimenea (Niv. 4225) m. 1.5 X 1.5 20 40 20 20 40 20 160 Subnivel (Niv. 4225) m. 1.2 X 1.8 80 33 80 33 226 Ventanas (Niv. 4225) - 12 m. 2.5 X 2.5 18 18 18 18 72 Inclinados (Niv. 4225) - 12 m. 2.5 X 2.5 24 24 24 24 96

TOTAL m. 20 162 95 20 162 95 554

GOLDEN MOUNTAIN ATILUD PRECIOSPlomo 1,745.04 Zinc 1,714.98 BALANCE METALURGICO MINA DON MARIO - INF.CORMIN JUL - 2012

PROYECCION DE VALORIZACION - MINA DON MARIO Plata 15.83 Actualizado a Octubre - 22 - 2014Proyecto 2014 Oro 1,164.45

PRODUCTO TMS %Peso E N S A Y E S % CONTENIDO METALICO RECUPERACIONES % VALOR PRODUCTO TMS %Peso E N S A Y E S % CONTENIDO METALICO (TMF) RECUPERACIONES % VALORoz/TmAg %Pb %Zn Ag Pb Zn Ag Pb Zn $/t $ RC oz/TmAg %Pb %Zn Ag (Oz/Tc) Pb Zn Ag Pb Zn $/t $ RC

Mes 1 Mes 1Cabeza 0.00 - 3.42 3.41 10.56 - - - 100.00 100.00 100.00 - - Cabeza 13,505.00 100.00 3.42 3.41 10.56 50,912.04 460.52 1,426.13 100.00 100.00 100.00 146.33 1,976,244

Conc. Plomo 0.00 - 64.92 62.89 11.66 - - - - - - - - - Conc. Plomo 668.39 4.95 64.92 62.89 11.66 47,831.02 420.35 77.93 94.04 91.28 5.46 1,338.62 894,725 20.21

Conc. Zinc 0.00 - 1.12 0.70 53.32 - - - - - - - - - Conc. Zinc 2,264.79 16.77 1.12 0.70 53.32 2,796.06 15.85 1,207.59 5.50 3.44 84.68 477.54 1,081,519 5.96Relave 0.00 - 0.02 0.23 1.33 - - - Relave 10,571.81 78.28 0.02 0.23 1.33 233.07 24.32 140.61 0.46 5.28 9.86Mes 2 CABEZA CALCULADA 50,860.14 460.52 1,426.13Cabeza 511.00 100.00 3.42 3.41 10.56 1,926.40 17.43 53.96 100.00 100.00 100.00 146.33 74,777Conc. Plomo 25.29 4.95 64.92 62.89 11.66 1,809.82 15.91 2.95 94.04 91.28 5.46 1,338.62 33,854 20.21Conc. Zinc 85.69 16.77 1.12 0.70 53.32 105.80 0.60 45.69 5.50 3.44 84.68 477.54 40,922 5.96Relave 400.01 78.28 0.02 0.23 1.33 8.82 0.92 5.32 0.46 5.28 9.86

CABEZA CALCULADA 1,924.44 17.43 53.96 Mes 3Cabeza 1274.84 100.00 3.42 3.41 10.56 4,805.98 43.47 134.62 100.00 100.00 100.00 146.33 186,553Conc. Plomo 63.09 4.95 64.92 62.89 11.66 4,515.13 39.68 7.36 94.04 91.28 5.46 1,338.62 84,460 20.21Conc. Zinc 213.79 16.77 1.12 0.70 53.32 263.94 1.50 113.99 5.50 3.44 84.68 477.54 102,093 5.96Relave 997.95 78.28 0.02 0.23 1.33 22.00 2.30 13.27 0.46 5.28 9.86










CABEZA CALCULADA 15,064.09 136.40 422.40

04/22/202302:57:58


CLEARANCE OF LEADexpressed in U.S. dollars

PRODUCT: LEAD/SILVER CONCENTRATES LOT :

PRODUCER: CORPORACION CONTINENTAL - FACULTAD DE INGENIERIA CLOSE DATE : PRODUCER:

VALUE DATE :

WMT: 668.392 PRICES LAWS Leyes Finales según DirimenciasH2O: 10.000% 66.839 PB LOW 4LME 1745.040 $/FMT PB %: 62.890 AS %: 0.567

DMT: 601.553 AG LONDON SPOT 1583.000 C$/OZ AG Oz/Tc: 64.920 SB %: 0.243

MURMA: 0.500% 3.008 AU LONDON FINAL 1164.450 $/OZ AU Oz/Tc: 0.000 BI %: 0.717

DMNT 598.545 ZN %: 11.660

Elemento

PAYABLES PER DMT %PB: 62.890 x 95% (MD 3 Unid.) = 59.890 % x 1745.040 $/FMT 1,045.104AG. 71.562 -1.500 Oz/Dmt x 93.000% = 65.158 Oz/Dmt x 1472.190 C$/OZ 959.250AU: 0.000 -0.048 Oz/Dmt x 85.000% = 0.000 Oz/Dmt x 1164.450 $/OZ 0.00

###TOTAL PAYABLES US$ 2,004.354

DEDUCTIONS AG

TREATMENT CHARGE: 330.000SCALE THE PRICEPB: $/DMT 1745.040 -1600.000 $/Dmt x 145.040 $/Dmt x 0.150 $/DMT / 1.000 cts $/lb= 21.756REFINING CHARGE Promedio Ag:AG: 65.158 Oz/Dmt x 4.8 $/Oz 15.83 30 -14.17 0.1 = 220.430AU: 0.000 Oz/Dmt x 8.00 $/Oz = 0.000PENALTY:AS : 0.567 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000AS : 0.567 % - 0.300 = 0.267 % x 2.50 $/DMT / 0.10% = 6.675SB : 0.243 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000SB : 0.243 % - 0.300 = 0.000 % x 2.50 $/DMT / 0.10% = 0.000BI : 0.717 % - 0.200 = 0.517 % x 1.50 $/DMT / 0.01% = 77.550ZN : 11.660 % - 7.000 = 4.660 % x 2.00 $/DMT / 1.00% = 9.320

** Saldo para el siguiente Lote.:TOTAL DEDUCTIONS US$ -665.731

VALUE US$/DMT 1,338.623

6 04/22/202302:57:58


CLEARANCE OF ZINCexpressed in U.S. dollars

PRODUCT: ZINC CONCENTRATES LOT :

PRODUCER: CORPORACION CONTINENTAL - FACULTAD DE INGENIERIA CLOSE DATE :

VALUE DATE :

WMT: 2264.794 PRICES LAWS Leyes Compositos

H2O: 10.000% 226.479 ZN LOW 4LME (p) 1714.980 $/FMT ZN %: 53.320 AS %: 0.305

DMT: 2038.315 AG LONDON SPOT (p) 1583.000 C$/OZ AG Oz/Tc: 1.120 SB %: 0.144

MURMA: 0.500% 10.192 AU LONDON FINAL 1164.450 C$/OZ AU Oz/Tc: 0.000 FE %: 6.800

DMNT 2028.123 SIO2 %: 1.660

HG PPM: 12.000

PAYABLES PER DMT

ZN: 53.320 x 85% (MD 8 Unid.) = 45.320 % x 1714.980 $/FMT 777.229AG. 1.235 -3.000 Oz/Dmt x 70.000% = -1.236 Oz/Dmt x 1583.000 C$/OZ -19.566AU: 0.000 -0.048 Oz/Dmt x 70.000% = 0.000 Oz/Dmt x 1164.450 C$/OZ 0.00

TOTAL PAYABLES US$ 757.663

DEDUCTIONS

TREATMENT CHARGE: 280.000SCALE THE PRICEZN: $/DMT 1714.980 -1800.000 $/DMT 0.000 $/DMT x 0.150 $/DMT / 1.000 = 0.000

PENALTY:AS : 0.305 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000AS : 0.305 % - 0.300 = 0.005 % x 2.50 $/DMT / 0.10% = 0.128SB : 0.144 % - 0.700 = 0.000 % x 4.00 $/DMT / 0.10% = 0.000SB : 0.144 % - 0.300 = 0.000 % x 2.50 $/DMT / 0.10% = 0.000FE : 6.800 % - 8.000 = 0.000 % x 2.00 $/DMT / 1.00% = 0.000SIO2 : 1.660 % - 3.000 = 0.000 % x 2.00 $/DMT / 1.00% = 0.000HG : 12.000 ppm - 50.000 = 0.000 % x 1.50 $/DMT / 10 ppm = 0.000

TOTAL DEDUCTIONS US$ -280.128

VALUE US$/DMT 477.535


PLAN DE PRODUCCION Y CONCENTRADOS - 2014

1 (*) 2 3 4 5 6 7 8 9 10 11 12 TOTALMineral de Cabeza TMS 0.00 511.00 1,274.84 2,082.25 2,141.67 2,251.67 2,492.51 2,410.58 4,133.33 4,000.00 4,133.33 4,000.00 29,431.18

% Pb 0.00 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41% Zn 0.00 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56

oz/t Ag 0.00 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42

Concentrado Pb-Ag TMS 0.00 25.29 63.09 103.06 106.00 111.44 123.36 119.31 204.57 197.97 204.57 197.97 1,456.61% Pb 0.00 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89 62.89% Zn 0.00 11.66 11.66 11.66 11.66 11.66 11.66 11.66 11.66 11.66 11.66 11.66 11.66

oz/t Ag 0.00 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92

% Recuperación % Pb 0.00% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28% 91.28%% Zn 0.00% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46% 5.46%% Ag 0.00% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04% 94.04%

Concentrado Zinc TMS 0.00 85.69 213.79 349.19 359.16 377.61 417.99 404.26 693.16 670.80 693.16 670.80 4,935.62% Pb 0.00 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70% Zn 0.00 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32 53.32

oz/t Ag 0.00 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12 1.12

% Recuperación % Pb 0.00% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44% 3.44%% Zn 0.00% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68% 84.68%% Ag 0.00% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50%

(*) Inicio del Proyecto Don Mario Diciembre 2014


FLUJO DE INGRESOS Y MARGEN OPERATIVO

1 2 3 4 5 6 7 8 9 10 11 12 TOTALPRECIO DE METALESPlomo $/TMF 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745.04 1,745Zinc $/TMF 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,714.98 1,715Plata $/Oz 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83 15.83Oro $/Oz 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164.45 1,164

PRODUCCION MINERALTMS 0.00 511.00 1,274.84 2,082.25 2,141.67 2,251.67 2,492.51 2,410.58 4,133.33 4,000.00 4,133.33 4,000.00 29,431% Pb 0.00 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41 3.41% Zn 0.00 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56 10.56

oz/t Ag 0.00 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42 3.42

CAPACIDAD TRATAMIENTO PLANTATMS/día - 16 42 67 69 80 80 80 133 133 133 133

COSTOMina US$ 121,806 110,101 160,871 179,997 217,982 167,007 218,629 253,889 246,175 242,896 229,756 195,769 2,344,879Tratamiento de Mineral US$ 4,914 38,933 87,424 138,487 142,230 148,572 164,333 158,976 267,705 259,109 267,705 259,109 1,937,497Medio Ambiente US$ 23,000 4,000 0 0 0 0 0 0 0 0 0 0 27,000Administración US$ 25,220 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 154,140Asuntos Comunales US$ 9,000 0 0 0 0 0 0 0 0 0 0 0 9,000Comercialización US$ 0 10,736 19,952 29,692 30,409 31,736 34,642 33,654 54,437 52,829 54,437 52,829 405,354 TOTAL US$ 151,940 160,754 260,015 330,204 371,932 327,299 394,682 424,585 525,600 513,725 509,181 466,598 4,436,516

US$/t 0.00 0.00 0.00 0.00 173.66 145.36 158.35 176.13 127.16 128.43 123.19 116.65 150.74

PRODUCCION CONCENTRADOSConcentrado Pb-Ag TMS 0.00 25.29 63.09 103.06 106.00 111.44 123.36 119.31 204.57 197.97 204.57 197.97 1,456.61Concentrado Zinc TMS 0.00 85.69 213.79 349.19 359.16 377.61 417.99 404.26 693.16 670.80 693.16 670.80 4,935.62

0.00 110.99 276.89 452.25 465.15 489.05 541.35 523.56 897.73 868.77 897.73 868.77 6,392.24INGRESOSCc Plomo US$ 0.00 33,854.46 84,459.92 137,952.00 141,888.39 149,176.04 165,132.02 159,704.53 273,839.07 265,005.55 273,839.07 265,005.55 1,949,856.60Cc Zinc US$ 0.00 40,922.32 102,092.79 166,752.52 171,510.72 180,319.83 199,606.98 193,046.38 331,009.02 320,331.31 331,009.02 320,331.31 2,356,932.22

MARGEN OPERATIVOIngresos US$ 0.00 74,776.78 186,552.71 304,704.52 313,399.11 329,495.87 364,739.01 352,750.92 604,848.09 585,336.86 604,848.09 585,336.86 4,306,788.82Egresos US$ 151,940.08 160,754.19 260,015.00 330,204.14 371,932.37 327,299.00 394,682.01 424,585.05 525,600.17 513,724.88 509,180.93 466,597.76 4,436,515.58MARGEN OPERATIVO NETO US$ (151,940.08) (85,977.41) (73,462.29) (25,499.62) (58,533.25) 2,196.87 (29,943.00) (71,834.13) 79,247.92 71,611.98 95,667.16 118,739.10 (129,726.76)

US$/t - - - - - 0.98 (12.01) (29.80) 19.17 17.90 23.15 29.68 (4.41)

(*) Inicio del Proyecto Don Mario Setiembre 2015

CALCULO LEY CORTE PROYECTO DON MARIODATOS:

CONT. MET PRECIOplomo 420.35 1,745.04zinc 1,207.59 1,714.98Ag 47,831.02 15.83

Ton. Tratadas 13,505.00 Ton

INGRESO US $ plomo 733,530.65zinc 2,070,989.89Ag 757,164.98

Total de Ingresos 3,561,685.52 823,967.90

En 1tn de mineral que ingresa a planta me pagan 1tn= 263.73 US $

CON ESTAS LEYES DE CABEZALEYES DE CABEZA US $/ Ton US $/ Ton

3.41 %pb 54.32 1% pb 15.9310.56 %Zn 153.35 1%Zn 14.52

3.42 Oz/Tag 56.07 1 Oz/Tag 16.39263.73

Equivalencia plomo-zinc Equivalencia plata-zinc

1% pb 15.93 1 Oz-/tonAg 16.391%Zn 14.52 1%Zn 14.52

1% pb = 1.10 %Zn 1 Oz/TonAg = 1.13 %Zn

LEY EQUIVALENTE

10.56 %Zn + 3.41 %pb + 3.42 Oz/Tag

LEY EQUIV= 18.16 %Zn

ENTONCES

LEY DE CORTE - MEDIANO PLAZO

Febrero 18.16 %Zn 263.73 US$/Tonx 343.00 US$/Ton

x = 23.62 %Zn Ley de corte

Marzo 18.16 %Zn 263.73x 220.00


Abril 18.16 %Zn 263.73x 173.00


Mayo 18.16 %Zn 263.73x 188.00


Junio 18.16 %Zn 263.73x 159.00


Julio 18.16 %Zn 263.73x 172.00


Agosto 18.16 %Zn 263.73x 190.00


Setiembre 18.16 %Zn 263.73x 140.00


Octubre 18.16 %Zn 263.73x 142.00


Noviembre 18.16 %Zn 263.73x 136.00


Diciembre 18.16 %Zn 263.73x 130.00


PROMEDIO 18.16 %Zn 263.73x 166.00


OPEX 2014

1 2 3 4 5 6 7 8 9 10 11 12 Total 2015-16

Producción (ton/mes) - 511 1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133 4,000 29,431

POR CENTRO DE COSTO

Mina 121,806 110,101 160,871 179,997 217,982 167,007 218,629 253,889 246,175 242,896 229,756 195,769 2,344,879

Costo fijo

Costo Variable

Tratamiento de Mineral 4,914 38,933 87,424 138,487 142,230 148,572 164,333 158,976 267,705 259,109 267,705 259,109 1,937,497

Costo fijo

Costo Variable

Medio Ambiente 23,000 4,000 0 0 0 0 0 0 0 0 0 0 27,000

Costo fijo

Costo Variable

Administracion 25,220 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 11,720 154,140

Costo fijo

Costo Variable

Asuntos Comunales 9,000 0 0 0 0 0 0 0 0 0 0 0 9,000

Costo fijo

Costo Variable

Ventas y Comercialización 0 10,736 19,952 29,692 30,409 31,736 34,642 33,654 54,437 52,829 54,437 52,829 405,354

Costo fijo

Costo Variable

TOTAL 183,940 175,490 279,967 359,897 402,342 359,035 429,324 458,239 580,038 566,554 563,618 519,427 4,877,869

Costo US $ / ton. 343 220 173 188 159 172 190 140 142 136 130 166

CAPEX 2014

Rubro I Rubro II Rubro III DENOMINACION DE INVERSION 2,015

ADMINISTRACION

COMUNIDADES APOYO SOCIAL Convenio comunidad x año $9,000

Apoyo Social Comunitario $0

INFRAESTRUCTURA GENERAL

Grupo Electrogeno Diesel 10 Hp/220V $2,000

Construccion y rehabilitacion Oficinas y campamento $5,000

Interconexion de la Unidad - Trasmision Voz y datos $1,500

Construccion de grifo $5,000Administracion $22,500

PRIMERA ETAPA

MINA DESARROLLOS AVANCE

Nivel 4250 - Rehabilitacion $10,000

Costo de Bombeo e instalacion de Servicios $15,000

Cableado electrico hasta Nv. 4250 $30,000

Galeria Nv 4250 $46,651

By Pass 440 (Nivel 380)-expl. $58,314SEGUNDA ETAPA

Rampa (Nivel 4225) $99,308

Ventana 1 (Nivel 4225) $7,775

Chimenea simple (Nv. 4225) $7,339

Galeria (Nv.4225) $46,651

Refugios (Rampa 225) - 3 $14,896Desarrollos Mina $335,935

PRIMERA ETAPA

MINA PREPARACIONES AVANCE

Chimenea (Nivel 4250) $22,582

Subnivel (Nv.4250 /T1,T2,T3,T4) $30,625

Ventanas (NV.4250) -12 $13,995

Inclinados (Nv.4250) - 12 $14,314SEGUNDA ETAPA

Chimenea (Niv. 4225) $22,582

Subnivel (Niv. 4225) $30,625

Ventanas (Niv. 4225) - 12 $13,995

Inclinados (Niv. 4225) - 12 $14,314

Rehabilitacion carretera Mina planta Azulcocha (25 km) $0Preparaciones Mina $163,033

MINA EQUIPOS GENERAL

Bombas de agua y arrancadores (2) $10,000

Ventilador de 30,000 Cfm $20,000

Grupo electrogeno $30,000

Alquiler de compresoras (2) $40,000Equipos Mina $100,000

MEDIO AMBIENTE Estudios de Impacto Ambiental $18,000

Infraestructura Mina $5,000

SEGURIDAD EQUIPOS Alarmas de contingencia Mina $1,000

Implementacion de sistema de Seguridad $3,000Seguridad y Medio Ambiente $27,000

TOTAL GENERAL $648,467

SEGURIDAD Y MEDIO AMBIENTE

Unidad Centro de ResponsabilidElemento de costo CF-CVDon Mario Mina Alquileres FijoDon Mario Mina Alquileres FijoDon Mario Mina Alquileres FijaDon Mario Mina Mano de Obra FijoDon Mario Mina Mano de Obra FijoDon Mario Mina Mano de Obra FijoDon Mario Mina Mano de Obra FijoDon Mario Mina Mano de Obra FijoDon Mario Mina Miscelaneos FijoDon Mario Mina Suminsitros VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableDon Mario Mina Servicios VariableMINADon Mario Planta Servicios VariableDon Mario Planta Servicios VariableDon Mario Planta Servicios VariableDon Mario Planta Servicios VariableDon Mario Planta Servicios VariableDon Mario Planta Mano de Obra FijoDon Mario Planta Mano de Obra FijoDon Mario Planta Servicios FijoDon Mario Planta Miscelaneos FijoPLANTADon Mario Comercializacion Servicios VariableDon Mario Comercializacion Servicios VariableDon Mario Comercializacion FijoDon Mario Comercializacion Servicios VariableCOMERCIALDon Mario Medio Ambiente Servicios FijoDon Mario Medio Ambiente Servicios FijoDon Mario Medio Ambiente Servicios Fijo

Don Mario Medio Ambiente Servicios FijoDon Mario Medio Ambiente Servicios FijoDon Mario Medio Ambiente Servicios FijoMEDIO AMBIENTEDon Mario Administracion Mano de Obra FijoDon Mario Administracion Mano de Obra FijoDon Mario Administracion Servicios FijoDon Mario Administracion Servicios FijoDon Mario Administracion Servicios FijoDon Mario Administracion Servicios FijoADMINISTRACIONDon Mario Costo Oportunidad FijoDon Mario Asuntos Comunales FijoDon Mario Asuntos Comunales FijoCOMUNIDAD

Descripcion de labor US$ Unid Cant 1 2Compresora 1050 50.00 hr 1 100 200 Grupo Electrógeno 150 Kw 15.00 hr 1 100 200 Camioneta 65.00 dia 1 30 31 Jefe de Mina 5,900.00 mes 1 1 1 Supervisor de Seguridad 4,130.00 mes 1 1 1 Chofer 42.50 dia 2 60 62 Compresorista 42.50 día 2 60 62 Vigilante 34.00 día 2 60 62 Viaticos 28.00 mes 2 60 62 Petroleo 4.54 gls 1 1240 2442.8Bombeo 15,000.00 mes 1 1 - Cableado electrico hasta Nv. 4250 30,000.00 mes 1 1 - Nivel 4250 - Rehabilitacion 10.00 mt 1000 500 500 Galeria Nv 4250 388.76 mt - 50 By Pass 440 (Nivel 380)-expl. 388.76 mt 100 50 Rampa (Nivel 4225) 496.54 mt - - Ventana 1 (Nivel 4225) 388.76 mt - - Chimenea simple (Nv. 4225) 282.27 mt - - Galeria (Nv.4225) 388.76 mt - - Refugios (Rampa 225) - 3 496.54 mt - - Chimenea (Nivel 4250) 282.27 mt - 20 Subnivel (Nv.4250 /T1,T2,T3,T4) 271.02 mt - - Ventanas (NV.4250) -12 388.76 m. - - Inclinados (Nv.4250) - 12 298.21 m - - Chimenea (Niv. 4225) 282.27 m - - Subnivel (Niv. 4225) 271.02 m - - Ventanas (Niv. 4225) - 12 388.76 m - - Inclinados (Niv. 4225) - 12 298.21 m - - Rehabilitacion carretera Mina planta Azulcocha (25 km) 4,000.00 km 2 - - Explotacion (Tajo) 30.00 t - 511

Transporte de mineral - San Valentín 15.00 tm - 511 Analisis Pb, Zn, As, Sb, Bi 29.57 unid 10 10 Analisis Ag + Au 53.76 unid 5 5 Pruebas metalúrgicas 50.00 unid - 2 Tratamiento de Mineral 48.00 tmh 0 511Controlador volquetes 51.00 día 1 - 31 Peones 42.50 dia 2 60 62 Alquiler de Vivienda - mes 1 1 Viaticos 12.00 dia 5 150 155

Supervisión de Entrega de Concentrados 90.17 tmh - 25 Analisis Pb, Zn, As, Sb, Bi 28.57 unid - 20 Viaticos 50.00 viaje 4 - 80 Transporte de concentrado 35.00 tmh - 111

Estudios de Impacto Ambiental 18,000 unid 1 - Infraestructura Mina 5,000 Unid 1 1 Alarmas de contingencia Mina 1,000 Unid 1

Implementacion de sistema de Seguridad 3,000 unid 1 1 Asesoria Medio Ambiente 3,000 mes 1 - - Gastos de representación 400.00 mes 1 - -

Gerencia - Ingeniería 3,000 3 3 3 Administrativos 1,360 2 2 2 Grupo Electrogeno Diesel 10 Hp/220V 2,000 unid 1 1 - Construccion y rehabilitacion Oficinas y campamento 5,000 unid 1 1 - Interconexion de la Unidad - Trasmision Voz y datos 1,500 unid 1 1 - Construccion de grifo 5,000 unid 1 1 -

Convenio - Año 1 1 - Convenio 9,000 Año 1 1 1 Acuerdo por partes - mes 11 - 1

Sep OctDias Mes 30 31

- 511

3 4 5 6 7 8 9 10 11 250 250 300 300 300 300 400 400 400 200 200 300 300 300 300 600 600 600 30 31 31 28 31 30 31 30 31 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 60 62 62 56 62 60 62 60 62 60 62 62 56 62 60 62 60 62 60 62 62 56 62 60 62 60 62 60 62 62 56 62 60 62 60 62

2640 2732 3600 3241 3600 3480 5914.8 5720 5914.8 - - - - - - - - - - - - - - - - - - - - - - - - - - - 70 - - - - - - - - - - - - - - - - - - 80 120 - 80 120 - - - - - 20 - - 20 - - - - - - 26 - - 26 - - - - 50 70 - 50 70 - - - - 20 10 - 20 10 - - 40 20 - - - - - - - 80 33 - - - - - - - 18 18 - - - - - - - 24 24 - - - - - - - - - - 20 40 20 20 40 20 - - - - 80 33 - 80 33 - - - - 18 18 - 18 18 - - - - 24 24 - 24 24 - - - - - - - - - 1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133

1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133 20 20 20 20 20 20 20 20 20 10 10 10 10 10 10 10 10 10 2 2 2 2 2 2 2 2 2

1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133 30 31 31 28 31 30 31 30 31 60 62 62 56 62 60 62 60 62 1 1 1 1 1 1 1 1 1 150 155 155 140 155 150 155 150 155

63 103 106 111 123 119 205 198 205 20 20 20 20 20 20 20 20 20 80 80 80 80 80 80 80 80 80 277 452 465 489 541 524 898 869 898

- - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - -

3 3 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Nov Dic Ene Feb Mar Abril May Jun Jul30 31 31 28 31 30 31 30 31

1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000 4,133

12 13 14 15 16 400 5,000.00 10,000.00 12,500.00 12,500.00 600 1,500.00 3,000.00 3,000.00 3,000.00 30 1,950.00 2,015.00 1,950.00 2,015.00 1 5,900.00 5,900.00 5,900.00 5,900.00 1 4,130.00 4,130.00 4,130.00 4,130.00 60 2,550.00 2,635.00 2,550.00 2,635.00 60 2,550.00 2,635.00 2,550.00 2,635.00 60 2,040.00 2,108.00 2,040.00 2,108.00 60 1,680.00 1,736.00 1,680.00 1,736.00

5720 5,629.60 11,090.31 11,985.60 12,403.89 - 15,000.00 0.00 0.00 0.00 - 30,000.00 0.00 0.00 0.00 - 5,000.00 5,000.00 0.00 0.00 - 0.00 19,438.00 27,213.20 0.00 - 38,876.00 19,438.00 0.00 0.00 - 0.00 0.00 0.00 39,723.20 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 5,645.40 11,290.80 5,645.40 - 0.00 0.00 21,681.60 8,943.66 - 0.00 0.00 6,997.68 6,997.68 - 0.00 0.00 7,157.04 7,157.04 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 4,000 0.00 15,330.00 38,245.20 62,467.52

121,805.60 110,100.71 160,871.12 179,997.39 4,000 0.00 7,665.00 19,122.60 31,233.76 20 295.68 295.68 591.36 591.36 10 268.80 268.80 537.60 537.60 2 0.00 100.00 100.00 100.00

4,000 0.00 24,528.00 61,192.32 99,948.03 30 0.00 1,581.00 1,530.00 1,581.00 60 2,550.00 2,635.00 2,550.00 2,635.00 1 0.00 0.00 0.00 0.00 150 1,800.00 1,860.00 1,800.00 1,860.00

4,914.48 38,933.48 87,423.88 138,486.75 198 0.00 2,280.39 5,689.12 9,292.28 20 0.00 571.40 571.40 571.40 80 0.00 4,000.00 4,000.00 4,000.00 869 0.00 3,884.49 9,691.00 15,828.73

0.00 10,736.28 19,951.52 29,692.41 - 18,000.00 0.00 0.00 0.00 - 2,500.00 2,500.00 0.00 0.00 - 1,000.00 0.00 0.00 0.00

- 1,500.00 1,500.00 0.00 0.00 - 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00

23,000.00 4,000.00 0.00 0.00 3 9,000.00 9,000.00 9,000.00 9,000.00 2 2,720.00 2,720.00 2,720.00 2,720.00 - 2,000.00 0.00 0.00 0.00 - 5,000.00 0.00 0.00 0.00 - 1,500.00 0.00 0.00 0.00 - 5,000.00 0.00 0.00 0.00

25,220.00 11,720.00 11,720.00 11,720.00 - 0.00 0.00 0.00 0.00 1 9,000.00 0.00 0.00 0.00 1 0.00 0.00 0.00 0.00

9,000.00 0.00 0.00 0.00183,940.08 175,490.48 279,966.52 359,896.55

343.43 219.61 172.84Ago30

4,000

17 18 19 20 2115,000.00 15,000.00 15,000.00 15,000.00 20,000.00

4,500.00 4,500.00 4,500.00 4,500.00 9,000.002,015.00 1,820.00 2,015.00 1,950.00 2,015.005,900.00 5,900.00 5,900.00 5,900.00 5,900.004,130.00 4,130.00 4,130.00 4,130.00 4,130.002,635.00 2,380.00 2,635.00 2,550.00 2,635.002,635.00 2,380.00 2,635.00 2,550.00 2,635.002,108.00 1,904.00 2,108.00 2,040.00 2,108.001,736.00 1,568.00 1,736.00 1,680.00 1,736.00

16,344.61 14,712.02 16,344.61 15,799.20 26,853.190.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00

59,584.80 0.00 39,723.20 59,584.80 0.007,775.20 0.00 0.00 7,775.20 0.00

0.00 7,339.02 0.00 0.00 7,339.0219,438.00 27,213.20 0.00 19,438.00 27,213.20

9,930.80 4,965.40 0.00 9,930.80 4,965.400.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 5,645.40 11,290.80 5,645.40 5,645.400.00 0.00 21,681.60 8,943.66 0.000.00 0.00 6,997.68 6,997.68 0.000.00 0.00 7,157.04 7,157.04 0.000.00 0.00 0.00 0.00 0.00

64,250.00 67,550.00 74,775.20 72,317.52 124,000.00217,982.41 167,007.04 218,629.13 253,889.30 246,175.21

32,125.00 33,775.00 37,387.60 36,158.76 62,000.00591.36 591.36 591.36 591.36 591.36537.60 537.60 537.60 537.60 537.60100.00 100.00 100.00 100.00 100.00

102,800.00 108,080.00 119,640.32 115,708.03 198,400.001,581.00 1,428.00 1,581.00 1,530.00 1,581.002,635.00 2,380.00 2,635.00 2,550.00 2,635.00

0.00 0.00 0.00 0.00 0.001,860.00 1,680.00 1,860.00 1,800.00 1,860.00

142,229.96 148,571.96 164,332.88 158,975.75 267,704.969,557.43 10,048.31 11,123.09 10,757.50 18,445.46

571.40 571.40 571.40 571.40 571.404,000.00 4,000.00 4,000.00 4,000.00 4,000.00

16,280.40 17,116.59 18,947.39 18,324.64 31,420.5330,409.22 31,736.30 34,641.88 33,653.54 54,437.40

0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00

9,000.00 9,000.00 9,000.00 9,000.00 9,000.002,720.00 2,720.00 2,720.00 2,720.00 2,720.00

0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00

11,720.00 11,720.00 11,720.00 11,720.00 11,720.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00 0.00

402,341.59 359,035.31 429,323.89 458,238.59 580,037.57187.86 159.45 172.25 190.09 140.33

22 23 24 TOTAL20,000.00 20,000.00 20,000.00 180,000.00

9,000.00 9,000.00 9,000.00 64,500.001,950.00 2,015.00 1,950.00 23,660.005,900.00 5,900.00 5,900.00 70,800.004,130.00 4,130.00 4,130.00 49,560.002,550.00 2,635.00 2,550.00 30,940.002,550.00 2,635.00 2,550.00 30,940.002,040.00 2,108.00 2,040.00 24,752.001,680.00 1,736.00 1,680.00 20,384.00

25,968.80 26,853.19 25,968.80 209,953.810.00 0.00 0.00 15,000.000.00 0.00 0.00 30,000.000.00 0.00 0.00 10,000.000.00 0.00 0.00 46,651.200.00 0.00 0.00 58,314.000.00 0.00 0.00 198,616.000.00 0.00 0.00 15,550.400.00 0.00 0.00 14,678.040.00 0.00 0.00 93,302.400.00 0.00 0.00 29,792.400.00 0.00 0.00 22,581.600.00 0.00 0.00 30,625.260.00 0.00 0.00 13,995.360.00 0.00 0.00 14,314.08

11,290.80 5,645.40 0.00 45,163.2021,681.60 8,943.66 0.00 61,250.52

6,997.68 6,997.68 0.00 27,990.727,157.04 7,157.04 0.00 28,628.16

0.00 0.00 0.00 0.00120,000.00 124,000.00 120,000.00 882,935.44 2,344,878.59242,895.92 229,755.97 195,768.80 2,344,878.59

60,000.00 62,000.00 60,000.00 441,467.72591.36 591.36 591.36 6,504.96537.60 537.60 537.60 5,913.60100.00 100.00 100.00 1,100.00

192,000.00 198,400.00 192,000.00 1,412,696.701,530.00 1,581.00 1,530.00 17,034.002,550.00 2,635.00 2,550.00 30,940.00

0.00 0.00 0.00 0.001,800.00 1,860.00 1,800.00 21,840.00

259,108.96 267,704.96 259,108.96 1,937,496.9817,850.45 18,445.46 17,850.45 131,339.94

571.40 571.40 571.40 6,285.404,000.00 4,000.00 4,000.00 44,000.00

30,406.97 31,420.53 30,406.97 223,728.2552,828.82 54,437.40 52,828.82 405,353.59

0.00 0.00 0.00 18,000.000.00 0.00 0.00 5,000.000.00 0.00 0.00 1,000.00

0.00 0.00 0.00 3,000.000.00 0.00 0.00 0.000.00 0.00 0.00 0.000.00 0.00 0.00 27,000.00

9,000.00 9,000.00 9,000.00 108,000.002,720.00 2,720.00 2,720.00 32,640.00

0.00 0.00 0.00 2,000.000.00 0.00 0.00 5,000.000.00 0.00 0.00 1,500.000.00 0.00 0.00 5,000.00

11,720.00 11,720.00 11,720.00 154,140.000.00 0.00 0.00 0.000.00 0.00 0.00 9,000.000.00 0.00 0.00 0.000.00 0.00 0.00 9,000.00

566,553.70 563,618.33 519,426.58 4,877,869.17141.64 136.36 129.86 #DIV/0!

EVALUACION ECONÓMICA

TM ozAg %Pb %Zn US$/TM

Reservas * 35,670 3.42 3.41 10.56 146.33Inversión 648,467

Año 0 1 2Descripción UnidReservas TM 35,670.00Producción MineTM 0 511Ingreso Por VenUS $ 0 74,777RENTA BRUTAUS $ 0 74,777Royalty US $ 0% 0 0Renta Neta US $ 0 74,777Costo ProducciónUS $ -183,940 -175,490Depreciación (-)US $ -49,113 -49,113Amortización (-) US $ -57,600 -57,600 RENTA IMPONIUS $ -290,654 -207,427 Impuesto a la R US $ -29,065 -20,743INGRESO NET US $ -319,719 -228,170Depreciación (+)US $ 49,113 49,113Amortización (+)US $ 57,600 57,600Inversión (-) -648,467

FLUJO DE CAJUS $ -648,467 -213,005 -121,456

Flujo de Caja US $ $213,005.46 $121,456.43Tasa de descuento (%) 10% 1.00 1.10Flujo de Caja descontado US $ $213,005.46 $110,414.94Flujo de Caja Acumulado US $ $213,005.46 $323,420.40

Mes 1 2Cumulative Cash Flow $213,005.46 $323,420.40

VAN 12% -980,165.3

TIR -2%PAYBACK 9

* Los recursos a considerar durante los 2 años de operación son de 77046 TMDe acuerdo a los estudios realizados por Cormín se considera 120,000 TM de recursos inferidos.

AMORTIZACIONCAPEX 648,296Tasa Interés An 12.00%Número Pagos ( 12

Pago (mensual) 57,600 0

DEPRECIACIONCAPEX 648,296Vida 12Depreciación 49,113

3 4 5 6 7 8 9 10

1,275 2,082 2,142 2,252 2,493 2,411 4,133 4,000186,553 304,705 313,399 329,496 364,739 352,751 604,848 585,337186,553 304,705 313,399 329,496 364,739 352,751 604,848 585,337

0 0 0 0 0 0 0 0186,553 304,705 313,399 329,496 364,739 352,751 604,848 585,337-279,967 -359,897 -402,342 -359,035 -429,324 -458,239 -580,038 -566,554-49,113 -49,113 -49,113 -49,113 -49,113 -49,113 -49,113 -49,113-57,600 -57,600 -57,600 -57,600 -57,600 -57,600 -57,600 -57,600

-200,128 -161,906 -195,656 -136,253 -171,299 -212,201 -81,903 -87,931 -20,013 -16,191 -19,566 -13,625 -17,130 -21,220 -8,190 -8,793

-220,140 -145,715 -176,091 -122,628 -154,169 -190,981 -73,713 -79,13749,113 49,113 49,113 49,113 49,113 49,113 49,113 49,11357,600 57,600 57,600 57,600 57,600 57,600 57,600 57,600

-113,427 -39,001 -69,377 -15,914 -47,455 -84,268 33,001 27,576

$113,426.56 $39,001.46 $69,376.86 $15,914.12 $47,455.02 $84,267.54 $33,000.84 $27,576.221.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36

$93,740.96 $29,302.37 $47,385.33 $9,881.42 $26,787.12 $43,242.57 $15,395.13 $11,695.01$417,161.35 $446,463.73 $493,849.06 $503,730.47 $530,517.60 $573,760.17 $558,365.03 $546,670.03

3 4 5 6 7 8 9 10$417,161.35 $446,463.73 $493,849.06 $503,730.47 $530,517.60 $573,760.17 $558,365.03 $546,670.03

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

-500,000

0

500,000

1,000,000

1,500,000

2,000,000

Flujo de Caja Acumulado

Meses

US

$

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

-500,000

0

500,000

1,000,000

1,500,000

2,000,000


Meses

US

$

11 12 13 14 15 16 17 18

4,133 4,000 4,000 4,000 4,000 4,000 4,000 4,000604,848 585,337 585,337 585,337 585,337 585,337 585,337 585,337604,848 585,337 585,337 585,337 585,337 585,337 585,337 585,337

0 0 0 0 0 0 0 0604,848 585,337 585,337 585,337 585,337 585,337 585,337 585,337-563,618 -519,427 -519,427 -519,427 -519,427 -519,427 -519,427 -519,427-49,113 -49,113 -49,113 -49,113 -49,113 -49,113 -49,113 -49,113-57,600 -57,600 -57,600 -57,600 -57,600 -57,600 -57,600 -57,600-65,484 -40,803 -40,803 -40,803 -40,803 -40,803 -40,803 -40,803-6,548 -4,080 -4,080 -4,080 -4,080 -4,080 -4,080 -4,080

-58,936 -36,723 -36,723 -36,723 -36,723 -36,723 -36,723 -36,72349,113 49,113 49,113 49,113 49,113 49,113 49,113 49,11357,600 57,600 57,600 57,600 57,600 57,600 57,600 57,600

47,778 69,991 69,991 69,991 69,991 69,991 69,991 69,991

$47,778.15 $69,990.62 $69,990.62 $69,990.62 $69,990.62 $69,990.62 $69,990.62 $69,990.622.59 2.85 3.14 3.45 3.80 4.18 4.59 5.05

$18,420.55 $24,531.29 $22,301.17 $20,273.79 $18,430.72 $16,755.20 $15,232.00 $13,847.27$528,249.48 $503,718.19 $481,417.02 $461,143.23 $442,712.51 $425,957.31 $410,725.31 $396,878.04

11 12 13 14 15 16 17 18$528,249.48 $503,718.19 $481,417.02 $461,143.23 $442,712.51 $425,957.31 $410,725.31 $396,878.04

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

-500,000

0

500,000

1,000,000

1,500,000

2,000,000


Meses

US

$

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

-500,000

0

500,000

1,000,000

1,500,000

2,000,000


Meses

US

$

19 20 21 22 23 24

4,000 4,000 4,000 4,000 4,000 4,000 77,431585,337 585,337 585,337 585,337 585,337 585,337585,337 585,337 585,337 585,337 585,337 585,337

0 0 0 0 0 0585,337 585,337 585,337 585,337 585,337 585,337-519,427 -519,427 -519,427 -519,427 -519,427 -519,427-49,113 -49,113 -49,113 -49,113 -49,113 -49,113-57,600 -57,600 -57,600 -57,600 -57,600 -57,600-40,803 -40,803 -40,803 -40,803 -40,803 -40,803-4,080 -4,080 -4,080 -4,080 -4,080 -4,080

-36,723 -36,723 -36,723 -36,723 -36,723 -36,72349,113 49,113 49,113 49,113 49,113 49,11357,600 57,600 57,600 57,600 57,600 57,600

69,991 69,991 69,991 69,991 69,991 69,991

$69,990.62 $69,990.62 $69,990.62 $69,990.62 $69,990.62 $69,990.625.56 6.12 6.73 7.40 8.14 8.95

$12,588.43 $11,444.03 $10,403.66 $9,457.87 $8,598.07 $7,816.42$384,289.61 $372,845.59 $362,441.93 $352,984.05 $344,385.99 $336,569.56

19 20 21 22 23 24$384,289.61 $372,845.59 $362,441.93 $352,984.05 $344,385.99 $336,569.56

Nov15 Final DB-15 (Autoguardado)

Documents

Transcript of Nov15 Final DB-15 (Autoguardado)