Análisis del leasing como una alternativa para la adquisición de computadores en la Alcaldía de Medellín para el período 2013-2015.

Abstract

This paper relates to the necessity of The Medellin Municipality to analyze better investment alternatives for the renewal of computers that are used by public servants of the different secretariats to fulfill the Institutional Mission. Additionally, identify whether through these alternatives there is an opportunity to make more profits which would be reflected in the efficient management of public resources. Operating leasing is proposed as an alternative that allows easy access to new technologies without compromising working capital, and easy renewal of computers every 3 years, to minimize the risk of obsolescence, since this type of leasing has no purchase option, which means these can be returned to the supplier. Additionally, this paper sets out three options for the purchase of computers, which were analyzed from the financial perspective based on the earnings report; then Cash Flows from Operating Expenses were projected for three years, taking into consideration the peculiarities in the handling of the income tax and the value added tax of a public entity as the Medellin Municipality. In this sense, the benefit generated in the three alternatives for the Medellin Municipality will be reflected in lower expenses, i.e. savings that would allow other types of investment favoring the community. Finally, we worked with the NPV methodology, which was defined bringing the cash flows at today's prices, using the inflation as a discount rate, in order to define which will be the most viable option, which in this case will be the one that implies the less use of cash flows.