home Investments books Іnvestitsіyne kredituvannya - Peresada AA

Іnvestitsіyne kredituvannya - Peresada AA

3.5. Rozrahunok sum repayment zaborgovanostі for іnvestitsіynimi pozichkami

Yak usually scrip loan povertaєtsya bank postupovo protyagom kredituvannya line. On praktitsі vіdomі osnovnі two ways of extinguishing іnvestitsіynih pozichok:

• Repayment perіodichnimi vneskami;
• "Amortizatsіyne" maturity.

Repayment perіodichnimi vneskami. In Taqiy sposіb pogashaєtsya The major credit scrip protyagom usogo kredituvannya line. However, the order Taqiy, scho on kіnets perіodu zalishaєtsya-valued scrip, yak treba pogasiti.

The stock 3.2. Pіdpriєmstvo oderzhuє credit rozmіrom 140 tis. UAH 5 lines per rokіv pid 20% rіchnih. Credit pogashaєtsya schorіchnimi payments rozmіrom 18 tis. UAH plus vіdsotok. So rank, on kіnets rock 5 Vier zdіysneno platezhі 18 tis. UAH (vsogo 72 tis. UAH) i zalishaєtsya neviplachena suma 68 tis. UAH, yak povnіstyu viplachuyut on kіnets credit line. Taqiy Repayment mozhna predstaviti in viglyadі tablitsі (div. Table 3.3.).

table 3.3

(Yew. UAH)

Zaznachimo, scho in danomu prikladі vіdsotki narahovuyutsya vihodyachi s magnitude Borg on the cob perіodu.

Credit pogashatisya Mauger i rіvnimi chastkami such rank, the following cutaneous vіdsotkova viplata poperednoї less then, that scho nepogashena Chastina osnovnoї sumi postіyno zmenshuєtsya.

Yakscho pіdpriєmstvo planuє pogasiti rіvnimi chastkami Borg, the Borg grafіk obslugovuvannya bude mother Taqiy viglyad (div. Table. 3.4).

table 3.4

(Yew. UAH)

Porіvnyuyuchi s poperednoyu table can zrobiti visnovok scho scrip vіdsotkovih viplat at Perche vipadku uniquely vische, otzhe pіdpriєmstvo vibere other varіant.

"Amortizatsіyne repayment" loan zdіysnyuєtsya abo odnієyu sumoyu odnochasno pіslya zakіnchennya line koristuvannya pozichkoyu, abo perіodichno (postupovo) protyagom usogo termіnu dії kreditnoї land.

One іz nayvazhlivіshih elementіv repayment plan zaborgovanostі Je viznachennya kіlkostі viplat protyagom rock. Strokovі viplati rozglyadayutsya yak Costa, peredbachenі for repayment of the principal Borg i Flow vіdsotkovih viplat on nomu. When tsomu Costa, napravlenі on repayment of the principal Borg, shaping can Buti rіvnimi abo zmіnyuvatisya and vіdsotki mozhut viplachuvatisya okremo.

Repayment Borg naychastіshe make payments, SSMSC making through rіvnі promіzhki hour vklyuchayut i have currently yak viplatu main Borg, so i vіdsotkovy platіzh.

Dali rozglyanemo klasichny butt, if repayment plan hinged so rank, dwellers of repayment of loans are held in kіntsі skin rozrahunkovogo perіodu rіvnimi string viplatami, vklyuchayuchi viplatu osnovnoї sumi Borg that vіdsotkіv on nomu, i dozvolyaє povnіstyu pogasiti protyagom vstanovlenogo credit line.

Cutaneous Strokova viplata (P) vklyuchaє a rіvnі vitrati repayment Borg (K) is the vіdsotkіv on nomu (I):

F of I = K +.

Rozrahunok strokovoї rіchnoї viplati carried out for the following formulas:

, (3.1)

de i - vіdsotkova rate; n - rows loan; B - the value of the Borg.

The value of i (1 + i) n / [(1 + i) n - 1] nazivaєtsya koefіtsієntom repayment zaborgovanostі, abo vneskom on amortizatsіyu groshovoї odinitsі.

The stock 3.3. Nadav Bank credit for 40 million USD of lines on the bag 5 rokіv pid 6% rіchnih. Repayment Borg guilty provoditisya rіvnimi schorіchnimi viplatami in kіntsі skin rock, vklyuchayuchi repayment osnovnoї sumi Borg that vіdsotkovih platezhіv. Narahuvannya vіdsotkіv held again on Year. So rank, repayment plan Borg viznachaєtsya as follows:

Schorіchna viplata:

P = 40 x [(0,06 • 1,06 ⁵⁾ (1.06 ⁵ - 1)] = 40 x 0.2374 = 9.4960 mln.

The amount of payment for vіdsotkovogo Purshia Year:

I1 = 40 x 0.06 = 2,400 mln.

Oskіlki P = K + I, the main viplata Borg viznachaєtsya:

K 1 = P - first 1 = 9.4960 - 2.400 = 7.0960 mln.

Todі zalishok main Borg pіslya Persha rock stanovitime:

B 2 = 40 - 7.0960 = 32.9040 million USD.

Vіdsotkovy platіzh have another rotsі stanovitime:

The I 2 = 32.9040 x 0.06 = 1.9742 million UAH.

The size of the main viplati Borg have another rotsі stanovitime:

K 2 = 9.4960 - 1.9742 = 7.5218 million UAH.

Todі zalishok main Borg pіslya another rock stanovitime:

The 3 = 32.9040 - 7.5218 = 25.3822 million UAH i, etc...

Otzhe, Borg repayment plan represented at viglyadі tablitsі (div. Table. 3.5).

table 3.5

(Million USD)

On praktitsі often vinikaє situatsіya for viznachennya sumi zalishku neviplachenogo main Borg for Pevnyi perіod. For rozrahunku tsієї vikoristovuєtsya such magnitude formula:

(3.2)

de k - number of rozrahunkovogo perіodu Where Money Does carried Stop Strokova viplata.

For butt danimi 3.3 viznachimo zalishok neviplachenogo Borg on the cob rock repayment of the third:

At k = 40 x [(1,065 - 1,062) (1,065 - 1)] = 25,382,200 USD.

When viplatі Borg Shlyakhov Adding rіvnih platezhіv in line less then rock (.. Schomіsyachno, schokvartalno i etc.) rozmіr string viplat viznachaєtsya of the formula:

(3.3)

de i - vіdsotkova rate; n - rows of the loan; m - number viplat i Quantity perіodіv narahuvannya vіdsotkіv protyagom rock; P - rozmіr string viplat; In - the value of the Borg.

The stock 3.4. Pid outpost pіdpriєmstvo gained credit for the amount of UAH 150 million. 10 rokіv pid 12% rіchnih. Repayment of the principal is the Borg viplata vіdsotkіv peredbachayutsya schomіsyachno. Viznachimo value schomіsyachnih string viplat.

Rozrahunok main sumi Borg yaky zalishivsya on whether yaky k th perіod viznachaєtsya of the formula:

(3.4)

The stock 3.5. For danimi poperednogo butt viznachimo value neviplachenogo Borg on the cob rock dev'yatogo maturity.

Over the minds:

B = 150; n = 10; m = 12; n • m = 12 • 3 = 120; i = 12%; • k = 12 8 = 96.

At k = 150 • (1,01120 - 1,0196): ( 1,01120 -1) = 45,7171 mln.