Professional Documents
Culture Documents
ROI
1 ROI LABA BERSIH 7,000,000 PENJUALAN
14%
TOTAL ASET 50,000,000 LABA BERSIH
2105 PENJUALAN
2 ROI LABA BERSIH LABA BERSIH
TOTAL ASET - KEWAJIBAN LANCAR NON BANK
13,500,000 TOTAL ASET
9%
150,000,000 HUTANG LANCAR
EVA BANK
NON BANK
1 EVA LABA BERSIH - BEBAN MOAL HT. BANK LAINNYA
13,500,000 (15,000,000) (1,500,000) MODAL
2105
2 ROI LABA BERSIH
TOTAL ASET - KEWAJIBAN LANCAR NON BANK
17,500,000
12%
150,000,000
EVA
70,000,000
7,000,000
50,000,000
10,000,000
15,000,000
-
25,000,000
2,000,000
5,000,000
70,000,000
7,000,000
165,000,000
60,000,000
15,000,000
-
90,000,000
PT ABC Bergerak dibidang "Air Mineral"
Analisa dengan menggunakan Pendekatan EVA dgn. (beban Modal 10%) dan ROI
ROI
EVA
ROA
ROI
ROA X MODAL
14% X 125 Milyar
HOTEL SINGHASARI
ASPEK KEUANGAN
NILAI PROYEK
INVESTASI : QT @ RP
TANAH 15,000 5,000,000 75,000,000,000
GEDUNG/BANGUNAN 8,000 7,000,000 56,000,000,000
SARANA DAN PRASARANA 7,000 1,250,000 8,750,000,000
MESIN DAN PERALATAN 3,750,000,000
PERABOT 4,000,000,000
KENDARAAN 2,500,000,000
SUMBER DANA :
MODAL SENDIRI 30% 46,500,000,000
PIHAK LUAR 70% 108,500,000,000
TOTAL 155,000,000,000
ARR 346,002,329
5.6%
6,200,000,000
PP N + (A-B)/(C-B)*1 TH
14 +(155.000.000.000-150.385.156.758) x 1 Th
(166.804.414.596-150385.156.758)
NPV Penurunan Rp
TH KE 5%
0 Rp 1.000 Rp 1.000
1 Rp 1.000 Rp 0.952
2 Rp 1.000 Rp 0.907
3 Rp 1.000 Rp 0.864
4 Rp 1.000 Rp 0.823
5 Rp 1.000 Rp 0.784
6 Rp 1.000 Rp 0.746
7 Rp 1.000 Rp 0.711
8 Rp 1.000 Rp 0.677
9 Rp 1.000 Rp 0.645
10 Rp 1.000 Rp 0.614
11 Rp 1.000 Rp 0.585
12 Rp 1.000 Rp 0.557
13 Rp 1.000 Rp 0.530
14 Rp 1.000 Rp 0.505
15 Rp 1.000 Rp 0.481
16 Rp 1.000 Rp 0.458
17 Rp 1.000 Rp 0.436
18 Rp 1.000 Rp 0.416
19 Rp 1.000 Rp 0.396
20 Rp 1.000 Rp 0.377
21 Rp 1.000 Rp 0.359
22 Rp 1.000 Rp 0.342
23 Rp 1.000 Rp 0.326
24 Rp 1.000 Rp 0.310
25 Rp 1.000 Rp 0.295
NPV Rp 31,198,343,283
NPV = Positf (Negatif)
DF
IRR TH KE EBITDA 6%
0 (155,000,000,000) (155,000,000,000)
1 2,000,000,000 1,886,792,453
2 4,000,000,000 3,559,985,760
3 8,000,000,000 6,716,954,264
4 9,600,000,000 7,604,099,167
5 10,080,000,000 7,532,362,382
6 10,584,000,000 7,461,302,360
7 11,113,200,000 7,390,912,715
8 11,668,860,000 7,321,187,123
9 12,252,303,000 7,252,119,320
10 12,864,918,150 7,183,703,100
11 13,508,164,058 7,115,932,316
12 14,183,572,260 7,048,800,879
13 14,892,750,873 6,982,302,758
14 15,637,388,417 6,916,431,977
15 16,419,257,838 6,851,182,619
16 17,240,220,730 6,786,548,821
17 18,102,231,766 6,722,524,775
18 19,007,343,355 6,659,104,730
19 19,957,710,522 6,596,282,987
20 20,955,596,048 6,534,053,903
21 22,003,375,851 6,472,411,885
22 23,103,544,643 6,411,351,395
23 24,258,721,876 6,350,866,948
24 25,471,657,969 6,290,953,109
25 26,745,240,868 6,231,604,495
8,879,772,244
IRR = 6% + 8.879.772.244
8,879,772,244
6% 47%
6% 0.47%
IRR = 6.47%
IRR =
14 0.28 3
14 th
3 bulan
NPV
(155,000,000,000) (155,000,000,000)
2,000,000,000 1,904,761,905
4,000,000,000 3,628,117,914
8,000,000,000 6,910,700,788
9,600,000,000 7,897,943,758
10,080,000,000 7,897,943,758
10,584,000,000 7,897,943,758
11,113,200,000 7,897,943,758
11,668,860,000 7,897,943,758
12,252,303,000 7,897,943,758
12,864,918,150 7,897,943,758
13,508,164,058 7,897,943,758
14,183,572,260 7,897,943,758
14,892,750,873 7,897,943,758
15,637,388,417 7,897,943,758
16,419,257,838 7,897,943,758
17,240,220,730 7,897,943,758
18,102,231,766 7,897,943,758
19,007,343,355 7,897,943,758
19,957,710,522 7,897,943,758
20,955,596,048 7,897,943,758
22,003,375,851 7,897,943,758
23,103,544,643 7,897,943,758
24,258,721,876 7,897,943,758
25,471,657,969 7,897,943,758
26,745,240,868 7,897,943,758
31,198,343,283
DF
7%
(155,000,000,000)
1869158878.50467
3493754913.09285
6530383015.12682
7323794035.65624
7186900689.19538
7052566096.87397
6920742431.51184
6791382759.89479
6664441026.06498
6539872034.92358
6417631436.13996
6297675708.36165
6179962143.71937
6064448832.62181
5951094648.83449
5839859234.83758
5730702987.45744
5623587043.76664
5518473267.24764
5415324234.21498
5314103220.49133
5214774188.33261
5117301773.59742
5021651273.15635
4927788632.53661
(9,992,625,494)
8.879.772.244 X 7% - 6%
9,992,625,494
1%
14 th
4,614,843,242 28% 3 bulan
TRANSMART-MALANG
ASPEK KEUANGAN
KEBUTUHAN DANA :
INVESTASI
TANAH 5,000 25,000,000 125,000,000,000
BANGUNAN 4,000 10,000,000 40,000,000,000
SARANA DAN PRASARANA 1,000 5,000,000 5,000,000,000
MESIN DAN PERALATAN 150,000,000,000
PERLENGKAPAN 50,000,000,000
KENDARAAN 5,000,000,000
375,000,000,000
MODAL KERJA 25,000,000,000
TOTAL 400,000,000,000
SUMBER DANA :
MODAL SENDIRI 50% 200,000,000,000
PIHAK LUAR 50% 200,000,000,000
TOTAL 400,000,000,000
PENJUALAN 20,000,000,000
BIAYA OPERASIONAL 20% Dari Penjualan
PENYUSUTAN 20 tahun tanpa nilai sisa
BUNGA 5% dar biaya operasional
ANALISA INVESTASI
1 PAYBACK PERIOD
2 NPV Invlasi
3%
0 Rp 1.000 Rp 1.000
1 Rp 1.000 Rp 0.971
2 Rp 1.000 Rp 0.943
3 Rp 1.000 Rp 0.915
4 Rp 1.000 Rp 0.888
5 Rp 1.000 Rp 0.863
6 Rp 1.000 Rp 0.837
7 Rp 1.000 Rp 0.813
8 Rp 1.000 Rp 0.789
9 Rp 1.000 Rp 0.766
10 Rp 1.000 Rp 0.744
11 Rp 1.000 Rp 0.722
12 Rp 1.000 Rp 0.701
13 Rp 1.000 Rp 0.681
14 Rp 1.000 Rp 0.661
15 Rp 1.000 Rp 0.642
16 Rp 1.000 Rp 0.623
17 Rp 1.000 Rp 0.605
18 Rp 1.000 Rp 0.587
19 Rp 1.000 Rp 0.570
20 Rp 1.000 Rp 0.554
21 Rp 1.000 Rp 0.538
22 Rp 1.000 Rp 0.522
23 Rp 1.000 Rp 0.507
24 Rp 1.000 Rp 0.492
25 Rp 1.000 Rp 0.478
IRR =
ARR = 6.1%
1 0 400,000 50,000
2 1 384,000
3 2 368,000
4 3 352,000
5 4 336,000
6 5 320,000
7 6 304,000
8 7 288,000
9 8 272,000
10 9 256,000
11 10 240,000
12 11 224,000
13 12 208,000
14 13 192,000
15 14 176,000
16 15 160,000
17 16 144,000
18 17 128,000
19 18 112,000
20 19 96,000
21 20 80,000
22 21 64,000
23 22 48,000
24 23 32,000
25 24 16,000
26 25 -
5,200,000
aset tetap yang disusutkan umur ekonomis 20 tahun
bangunan 40,000,000,000
sarana dan prasarana 5,000,000,000
mesin dan peralatan 150,000,000,000
perlengkapan 50,000,000,000
kendaraan 5,000,000,000
250,000,000,000
total penyusutan 12,500,000,000
LABA
BI. PENYUSUTAN BUNGA OPERASIONAL LABA KAS
306,611,495,712 12,264,459,828
4,550,000,000,000 175,050,000,000
7.0%
350,000
336,000
322,000
308,000
294,000
280,000
266,000
252,000
238,000
224,000
210,000
196,000
182,000
168,000
154,000
140,000
126,000
112,000
98,000
84,000
70,000
56,000
42,000
28,000
14,000
-
4,550,000
konomis 20 tahun
EBITDA
KOMULATIF
16,000,000,000
32,800,000,000
50,440,000,000
68,962,000,000
88,410,100,000
108,830,605,000
130,272,135,250
152,785,742,013
176,425,029,113
201,246,280,569
227,308,594,597
254,674,024,327
283,407,725,543
313,578,111,821
345,257,017,412
378,519,868,282 400,000,000,000 (378,519,868,282) 21,480,131,718 62%
413,445,861,696 34,925,993,414
450,118,154,781 7
488,624,062,520 PP 16
529,055,265,646 7
571,508,028,929
616,083,430,375
662,887,601,894
712,031,981,988
763,633,581,088
TH
BULAN
TRANSMART-MALANG
ASPEK KEUANGAN
KEBUTUHAN DANA :
INVESTASI
TANAH 5,000 25,000,000 125,000,000,000
BANGUNAN 4,000 10,000,000 40,000,000,000
SARANA DAN PRASARANA 1,000 5,000,000 5,000,000,000
MESIN DAN PERALATAN 150,000,000,000
PERLENGKAPAN 50,000,000,000
KENDARAAN 5,000,000,000
375,000,000,000
MODAL KERJA 25,000,000,000
TOTAL 400,000,000,000
SUMBER DANA :
MODAL SENDIRI 50% 200,000,000,000
PIHAK LUAR 50% 200,000,000,000
TOTAL 400,000,000,000
PENJUALAN 20,000,000,000
BIAYA OPERASIONAL 20% Dari Penjualan
PENYUSUTAN 20 tahun tanpa nilai sisa
BUNGA 5% dar biaya operasional
Analisis Investasi
1 Payback Periode Tahun Penjualan By. Operasional
Proyeksi Laba/Rugi 0 0
1 20,000,000,000 4,000,000,000
2 21,000,000,000 4,200,000,000
3 22,050,000,000 4,410,000,000
4 23,152,500,000 4,630,500,000
5 24,310,125,000 4,862,025,000
6 25,525,631,250 5,105,126,250
7 26,801,912,813 5,360,382,563
8 28,142,008,453 5,628,401,691
9 29,549,108,876 5,909,821,775
10 31,026,564,320 6,205,312,864
11 32,577,892,536 6,515,578,507
12 34,206,787,162 6,841,357,432
13 35,917,126,520 7,183,425,304
14 37,712,982,846 7,542,596,569
15 39,598,631,989 7,919,726,398
16 41,578,563,588 8,315,712,718
17 43,657,491,768 8,731,498,354
18 45,840,366,356 9,168,073,271
19 48,132,384,674 9,626,476,935
20 50,539,003,908 10,107,800,782
21 53,065,954,103 10,613,190,821
22 55,719,251,808 11,143,850,362
23 58,505,214,398 11,701,042,880
24 61,430,475,118 12,286,095,024
25 64,501,998,874 12,900,399,775
PP pada tahun ke 17
2 NPV
Penyusutan
Bangunan 40,000,000,000
Sarana dan Prasana 5,000,000,000
Mesin dan Peralatan 150,000,000,000
Pelengkapan 50,000,000,000
Kendaraan 5,000,000,000
250,000,000,000
biaya penyusutan 12,500,000,000
pa nilai sisa
operasional