Operation Manual

66 5: Calculs financiers sur des flux constants
3DVVH]HQPRGH%HJLQ$SSX\H]VXU VLOHWpPRLQQ·HVWSDVDIILFKp
5HPDUTXH]TXHPrPHVLOHFOLHQWFKRLVLWGHQHSDVUDFKHWHUO·DXWRPRELOH
OHEDLOOHXUDXUDWRXMRXUVO·DYDQWDJHG·XQIOX[SRVLWLIHQILQGHFRQWUDWpJDO
jODYDOHXUUpVLGXHOOHGHO·DXWRPRELOH4XHOHFOLHQWUDFKqWHO·DXWRPRELOH
RXTX·HOOHVRLWYHQGXHjTXHOTX·XQG·DXWUHOHEDLOOHXUSHXWV·DWWHQGUHj
UpFXSpUHU
Exemple : crédit-bail avec paiements anticipés. 9RWUHILUPH
4XLFN.LW3ROH%DUQVSUpYRLWGHORXHUXQFKDULRWpOpYDWHXUSRXU
O·HQWUHS{W/HFUpGLWEDLOHVWG·XQHGXUpHGHTXDWUHDQVHWFRPSRUWHGHV
SDLHPHQWVPHQVXHOVGH/HVSDLHPHQWVVRQWGXVHQGpEXWGHPRLV
OHVSUHPLHUHWGHUQLHUSDLHPHQWVVRQWGXVHQGpEXWGHFUpGLWEDLO9RXV
DYH]HQILQGHFRQWUDWO·RSWLRQGHUDFKHWHUOHFKDULRWpOpYDWHXUSRXU
 
6LOHWDX[G·LQWpUrWDQQXHOHVWGHTXHOOHHVWODYDOHXUFDSLWDOLVpHGX
FUpGLWEDLO"
Touches : Affichage : Description :
12,00
'pILQLWOHQRPEUHGH
SDLHPHQWVSDUDQ
10,00
(QUHJLVWUHOH
UHQGHPHQWDQQXHO
GpVLUp
–13.500,00
(QUHJLVWUHOHSUL[GX
FUpGLWEDLO
7.500,00
(QUHJLVWUHODYDOHXU
UpVLGXHOOHRXYDOHXU
GHUDFKDW
36,00
(QUHJLVWUHODGXUpH
GXFUpGLWEDLOHQ
PRLV
253,99
&DOFXOHOHV
SDLHPHQWVPHQVXHOV
GXFUpGLWEDLO
10B.book Page 66 Sunday, June 25, 2000 12:56 PM