Stt

Nhm SP

1
2
3
4
5

I
II
III
IV
V

Gi xut khu 1 kg SP
(ngn ng)

Sn lung xut khu

d tnh (tn)
100
90
80
60
50

100
80
120
70
80

T l sn phm
khng t
0.05
0.04
0.03
0.02
0.03
Tng cng

0.70
Gi thnh mua vo 01 kg sn phm bng
gi xut khu
0.50
Gi bn 01 kg sn phm bng
gi mua vo
0.12
Li sut chit khu
/ 1 nm
Hin gi cho sn phm khng t vi li sut chit khu 12% l

Gi bn sn phm
khng t
sau khi thu vo
175,000,000.00
100,800,000.00
100,800,000.00
29,400,000.00
42,000,000.00
448,000,000.00

S nm chit khu
400,000,000.00

1.00

Bc 1 : Xc nh h s trin khai (h s quy i).

Thi gian c
quyn khiu ni

T l
khiu ni
c bo co
theo tng k
(nhp s)

Tng s khiu ni
tch ly
theo thi gian

1
2
3

0.40
0.40
0.20

0.40
0.80
1.00

H s trin khai

100% /C4 =
100% /C5 =
100% /C6 =

2.50
1.25
1.00

Bc 2 : Xc nh s khiu ni c th c (tn tht c th c).

L hng

Khiu ni
bo co
(nhp s)

Thi gian
nhn khiu ni

H s
trin khai

N
N+1
N+2

80
60
70

3
2
1

1.00
1.25
2.50

Khiu ni
c th c
B10*D10
B11*D11
B12*D12

80.00
75.00
175.00

Bc 3 : Xc nh dng ri ro (hay khiu ni) theo thi gian

L hng
N
N+1
N+2

Khiu ni
bo co
80.00
75.00
175.00

TNG CNG

N (40%)

N+1 (40%)

N+2 (20%)

0.40

0.40

0.20

32

330

32

32
30

62

N+3

N+4

N+5

16
30
70

15
70

35

116

85

35

Bc 4 : Tnh hin gi.

Dng khiu ni

Li sut chit khu (12% / 1 nm)

Nm c
0
S tin
chit khu
chi tr
Tng
N (40%)
(triu ng)
330.00
32.00

0.12
1
N+1 (40%)
62.00

2
N+2 (20%)
116.00

3
N+3
85.00

4
N+4
35.00

5
N+5
0.00

TT ln 1 : 8 tr
TT ln 2 : 4 tr
Tng

8
4

2,640.00
1,320.00
3,960.00

Chit khu
li sut
1/(1+i)^t
Hin gi

3,038.38

256.00
256.00

496.00
128.00
624.00

928.00
248.00
1,176.00

680.00
464.00
1,144.00

280.00
340.00
620.00

0.00
140.00
140.00

1.00

0.89

0.80

0.71

0.64

0.57

256.00

557.14

937.50

814.28

394.02

79.44