Financial

Unit Product Cost

Fixed Cost
Sewa Bangunan

satuan

total

per tahun

20,000,000

20,000,000

Listrik
Telepon
Gas

40,000,000
50%
25%
25%

20,000,000
10,000,000
10,000,000

Utilities

Alat-alat

Jumlah Unit
Meja Plasitk alumunium
Kursi plastik Alumunium
lemari
Rak Display
Mesin Pengering tangan
Pompa
mesin kasir
Kitchen Set
Televisi
Mesin Minuman
Tabung Pemadam
Blower
Alat P3K
Air Conditioner
pendingin
lampu
Food Set

500,000
120,000
1,000,000
1,000,000
600,000
5,000,000
1,300,000
20,000,000
1,500,000
5,500,000
500,000
250,000
250,000
2,000,000
8,689,000
10,000
10,000
total
per bulan

Direct Labor

per orang

950,000
tfc per bulan
tfc per hari

6,000,000
5,760,000
1,000,000
3,000,000
600,000
5,000,000
2,600,000
20,000,000
3,000,000
5,500,000
500,000
1,000,000
250,000
8,000,000
8,689,000
100,000
600,000
131,599,000
10,966,583
22,800,000
33,766,583
1,125,553

12
48
1
3
1
1
2
1
2
1
1
4
1
4
1
10
60
153

Variable Cost
material
Daging

Harga
Allocation Base

1
0.143

Sapi
Ayam
Ikan tuna

1,800,000
500,000
1,800,000

257,400

75,000
100,000
140,000

10,725
14,300

250,000

35,750

nutrisi
Jamur
keju
telor

Sayur
Roti

Toast bread
whole wheat bread
baguette
Planau levain
Burger Buns
Rice bread
Potato bread
Bumbu

tfc

mark up price

tvc per product

tvc per unit
1,125,553
tfc per unit
TC Product
output
cost per unit
30%
bep

100,000
250,000
350,000
400,000
375,000
150,000
200,000
0.0476 Allocation Base
350,000

36,308

25,000
0.0476
50,050
393,225
15,729
36,308
1,452
429,533
25
17,181.33
24,544.75
4

Product
Total Variable Cost
Total Fixed Cost
Total Cost
Unit di produksi
Unit Cost
Price-Mark Up 30%

1
393,225
36,308
429,533
25
17,181
24,545

Variable Cost
material

Harga Satuan
0.090909091 Allocation Base

es jeruk
0.091

Gula
Air
Buah
Jeruk
Nanas
Mangga
Apel
Sirsak
Susu
Kopi
Teh
Es batu

tfc

mark up price

tvc per product

tvc per unit
1,125,553
tfc per unit
TC Product
output
cost per unit
30%
bep

100,000
680,000

9,091
61,818

100,000
200,000
150,000
200,000
150,000
100,000
50,000
50,000
50,000

45,000

5,000
120,909
2,303
36,308
692
157,217
53
2,995
3,893
11

36,308

Product
Total Variable Cost
Total Fixed Cost
Total Cost
Unit di produksi
Unit Cost
Price-Mark Up 30%

es jeruk
120,909
36,308
157,217
53
2,995
3,893

Food Division

a
2
0.143

3
0.143

4
0.143

1
0.143

b
2
0.143

3
0.143

257,400
71,500

71,500
257,400

257,400

10,725
14,300

10,725
14,300

10,725
14,300
20,020

10,725
14,300

10,725
14,300

10,725
14,300

35,750

35,750

35,750

35,750

35,750

35,750

25,000

25,000

25,000

0.0476
50,050
393,225
15,729
36,308
1,452
429,533
25
17,181.33
24,544.75
4

0.0476
50,050
155,845
6,234
36,308
1,452
192,153
25
7,686.13
10,980.18
8

0.0476
50,050
430,725
17,229
36,308
1,452
467,033
25
18,681.33
26,687.61
4

62,500
0.0476
50,050
244,825
9,793
36,308
1,452
281,133
25
11,245.33
16,064.75
6

3
393,225
36,308
429,533
25
17,181
24,545

4
155,845
36,308
192,153
25
7,686
10,980

1
430,725
36,308
467,033
25
18,681
26,688

b
2
244,825
36,308
281,133
25
11,245
16,065

62,500

0.0476
50,050
207,325
8,293
36,308
1,452
243,633
25
9,745.33
13,921.90
6
a
2
207,325
36,308
243,633
25
9,745
13,922

jus jeruk

62,500

0.0476
50,050
430,725
17,229
36,308
1,452
467,033
25
18,681.33
26,687.61
4

3
430,725
36,308
467,033
25
18,681
26,688

Beverage Division
Product
jus nanas
jus mangga
jus apel
jus sirsak
sop buah
0.091
0.091
0.091
0.091
0.091
0.091

9,091
61,818

9,091
61,818

9,091
61,818

9,091
61,818

9,091
61,818

45,000
180,000
135,000
180,000
135,000

5,000
120,909
2,303
36,308
692
157,217
53
2,995
3,893
11

5,000
255,909
4,874
36,308
692
292,217
53
5,566
7,236
6

5,000
210,909
4,017
36,308
692
247,217
53
4,709
6,122
7

5,000
255,909
4,874
36,308
692
292,217
53
5,566
7,236
6

5,000
210,909
4,017
36,308
692
247,217
53
4,709
6,122
7

9,091
61,818
10,000
20,000
15,000
20,000
15,000
10,000

5,000
165,909
3,160
36,308
692
202,217
53
3,852
5,007
8

jus jeruk
jus nanas
jus mangga
jus apel
jus sirsak
sop buah
120,909
255,909
210,909
255,909
210,909
165,909
36,308
36,308
36,308
36,308
36,308
36,308
157,217
292,217
247,217
292,217
247,217
202,217
53
53
53
53
53
53
2,995
5,566
4,709
5,566
4,709
3,852
3,893
7,236
6,122
7,236
6,122
5,007

Product
4
0.143

1
0.143

c
2
0.143

3
0.143

4
0.143

257,400
71,500
257,400
10,725
14,300
20,020

10,725
14,300

10,725
14,300

10,725
14,300

10,725
14,300
20,020

35,750

35,750

35,750

35,750

35,750

62,500

87,500

87,500
-

87,500
-

87,500

0.0476
50,050
193,345
7,734
36,308
1,452
229,653
25
9,186.13
13,123.04
7

0.0476
50,050
455,725
18,229
36,308
1,452
492,033
25
19,681.33
28,116.18
4

4
193,345
36,308
229,653
25
9,186
13,123

Susu

teh
0.091

0.0476
50,050
455,725
18,229
36,308
1,452
492,033
25
19,681.33
28,116.18
4

c
2
269,825
36,308
306,133
25
12,245
17,493

1
455,725
36,308
492,033
25
19,681
28,116

Kopi
0.091

0.0476
50,050
269,825
10,793
36,308
1,452
306,133
25
12,245.33
17,493.33
5

3
455,725
36,308
492,033
25
19,681
28,116

Air putih
0.091

0.0476
50,050
218,345
8,734
36,308
1,452
254,653
25
10,186.13
14,551.61
6

4
218,345
36,308
254,653
25
10,186
14,552

9,091
61,818

9,091
61,818

9,091 free
61,818 free

90,000
50,000

160,909
3,065
36,308
692
197,217
53
3,757
4,883
9

Susu

120,909
2,303
36,308
692
157,217
53
2,995
3,893
11

Kopi
160,909
36,308
197,217
53
3,757
4,883

50,000
5,000
125,909
2,398
36,308
692
162,217
53
3,090
4,017
11

teh
120,909
36,308
157,217
53
2,995
3,893

125,909
36,308
162,217
53
3,090
4,017

525

Product
d
1
0.143

2
0.143

e
3
0.143

4
0.143

1
0.143

2
0.143

3
0.143

257,400

257,400
71,500

71,500
257,400

257,400

10,725
14,300

10,725
14,300

10,725
14,300

10,725
14,300
20,020

10,725
14,300

10,725
14,300

10,725
14,300

35,750

35,750

35,750

35,750

35,750

35,750

35,750

100,000

100,000

100,000
93,750

93,750

93,750

0.0476
50,050
461,975
18,479
36,308
1,452
498,283
25
19,931.33
28,473.33
4

0.0476
50,050
276,075
11,043
36,308
1,452
312,383
25
12,495.33
17,850.47
5

0.0476
50,050
461,975
18,479
36,308
1,452
498,283
25
19,931.33
28,473.33
4

100,000
0.0476
50,050
468,225
18,729
36,308
1,452
504,533
25
20,181.33
28,830.47
4

0.0476
50,050
282,325
11,293
36,308
1,452
318,633
25
12,745.33
18,207.61
5

0.0476
50,050
468,225
18,729
36,308
1,452
504,533
25
20,181.33
28,830.47
4

0.0476
50,050
230,845
9,234
36,308
1,452
267,153
25
10,686.13
15,265.90
6

d
1
468,225
36,308
504,533
25
20,181
28,830

2
282,325
36,308
318,633
25
12,745
18,208

e
3
468,225
36,308
504,533
25
20,181
28,830

4
230,845
36,308
267,153
25
10,686
15,266

1
461,975
36,308
498,283
25
19,931
28,473

2
276,075
36,308
312,383
25
12,495
17,850

3
461,975
36,308
498,283
25
19,931
28,473

f
4
0.143

1
0.143

2
0.143

g
3
0.143

4
0.143

1
0.143

2
0.143

3
0.143

257,400

257,400
71,500

71,500
257,400

257,400

10,725
14,300
20,020

10,725
14,300

10,725
14,300

10,725
14,300

10,725
14,300
20,020

10,725
14,300

10,725
14,300

10,725
14,300

35,750

35,750

35,750

35,750

35,750

35,750

35,750

35,750

37,500

37,500

37,500

37,500
50,000
0.0476
50,050
418,225
16,729
36,308
1,452
454,533
25
18,181.33
25,973.33
4

50,000
0.0476
50,050
232,325
9,293
36,308
1,452
268,633
25
10,745.33
15,350.47
6

50,000
0.0476
50,050
418,225
16,729
36,308
1,452
454,533
25
18,181.33
25,973.33
4

93,750

0.0476
50,050
224,595
8,984
36,308
1,452
260,903
25
10,436.13
14,908.75
6

0.0476
50,050
405,725
16,229
36,308
1,452
442,033
25
17,681.33
25,259.04
4

0.0476
50,050
219,825
8,793
36,308
1,452
256,133
25
10,245.33
14,636.18
6

0.0476
50,050
405,725
16,229
36,308
1,452
442,033
25
17,681.33
25,259.04
4

0.0476
50,050
168,345
6,734
36,308
1,452
204,653
25
8,186.13
11,694.47
7

f
4
224,595
36,308
260,903
25
10,436
14,909

1
405,725
36,308
442,033
25
17,681
25,259

2
219,825
36,308
256,133
25
10,245
14,636

g
3
405,725
36,308
442,033
25
17,681
25,259

4
168,345
36,308
204,653
25
8,186
11,694

1
418,225
36,308
454,533
25
18,181
25,973

2
232,325
36,308
268,633
25
10,745
15,350

3
418,225
36,308
454,533
25
18,181
25,973

4
0.143

10,725
14,300
20,020

35,750

50,000
0.0476
50,050
180,845
7,234
36,308
1,452
217,153
25
8,686.13
12,408.75
7

4
180,845
36,308
217,153
25
8,686
12,409

Product
Total Variable Cost
Total Fixed Cost
Total Cost
Unit di produksi
Unit Cost
Price-Mark Up 30%

1
393,225
36,308
429,533
25
17,181
24,545
a
Sales

Sold
0
1
5
10
15
20
25
30

d
Sales
0
1
5
10

4
155,845
36,308
192,153
25
7,686
10,980

Total Cost
Profit
TFC
67,528
(67,528)
67,528
74,634
(50,090)
67,528
103,061
19,663
67,528
138,594
106,853
67,528
174,128
194,044
67,528
209,661
281,234
67,528
245,194
368,424
67,528
280,728
2,228,796
67,528

13,922
69,609
139,219
208,828
278,438
348,047
417,657

Total Cost
Profit
tfc/unit
63,556
(63,556)
63,556
88,736
(74,814)
63,556
189,456
(119,846)
63,556
315,356
(176,137)
63,556
441,256
(232,427)
63,556
567,156
(288,718)
63,556
693,056
(345,008)
63,556
818,956
(401,299)
63,556

24,545
122,724
245,448
368,171
490,895
613,619
736,343

Total Cost
Profit
tfc/unit
19,861.11
(19,861)
19,861
39,727.78
(15,183)
19,861
119,194.44
3,529
19,861
218,527.78
26,920
19,861
317,861.11
50,310
19,861
417,194.44
73,701
19,861
516,527.78
97,091
19,861
615,861.11
120,482
19,861

c
Sales
0
1
5
10
15
20
25
30

3
393,225
36,308
429,533
25
17,181
24,545

24,545
122,724
245,448
368,171
490,895
613,619
2,509,524

b
Sales
0
1
5
10
15
20
25
30

a
2
207,325
36,308
243,633
25
9,745
13,922

Total Cost
Profit
tfc/unit
36,308
(36,308)
36,308
10,980
42,268
(31,288)
36,308
54,901
66,108
(11,207)
36,308
109,802
95,908
13,894
36,308

15
20
25
30

164,703
219,604
274,505
329,405
e
Sales

0
1
5
10
15
20
25
30

36,308
36,308
36,308
36,308

26,688
133,438
266,876
400,314
533,752
667,190
800,628

16,065
80,324
160,648
240,971
321,295
401,619
481,943

Total Cost
Profit
tfc/unit
36,308
(36,308)
36,308
147,128
(131,063)
139,028
179,528
(99,204)
139,028
220,028
(59,380)
139,028
260,528
(19,557)
139,028
301,028
20,267
139,028
341,528
60,091
139,028
382,028
99,915
139,028

26,688
133,438
266,876
400,314
533,752
667,190
800,628

Total Cost
Profit
tfc/unit
36,308
(36,308)
36,308
32,261
(5,573)
19,861
81,861
51,577
19,861
143,861
123,015
19,861
205,861
194,453
19,861
267,861
265,891
19,861
329,861
337,329
19,861
391,861
408,767
19,861

g
Sales
0
1
5
10
15
20
25
30

38,995
64,096
89,196
114,297

Total Cost
Profit
tfc/unit
36,308
(36,308)
36,308
98,344
(71,657)
79,444
173,944
(40,506)
79,444
268,444
(1,568)
79,444
362,944
37,370
79,444
457,444
76,308
79,444
551,944
115,246
79,444
646,444
154,184
79,444

f
Sales
0
1
5
10
15
20
25
30

125,708
155,508
185,308
215,108

b
1
430,725
36,308
467,033
25
18,681
26,688
tvc/unit
15,729.00
7,106.67
7,106.67
7,106.67
7,106.67
7,106.67
7,106.67
7,106.67

tvc/unit
8,293
25,180
25,180
25,180
25,180
25,180
25,180
25,180
tvc/unit
15,729
19,867
19,867
19,867
19,867
19,867
19,867
19,867
tvc/unit
6,234
5,960
5,960
5,960

2
244,825
36,308
281,133
25
11,245
16,065

c
3
430,725
36,308
467,033
25
18,681
26,688

4
193,345
36,308
229,653
25
9,186
13,123
bep
a

1
455,725
36,308
492,033
25
19,681
28,116

7.66

0.19

2
269,825
36,308
306,133
25
12,245
17,493

3
455,725
36,308
492,033
25
19,681
28,116

4
218,345
36,308
254,653
25
10,186
14,552

5,960
5,960
5,960
5,960
tvc/unit
17,229
18,900
18,900
18,900
18,900
18,900
18,900
18,900
tvc/unit
9,793
8,100
8,100
8,100
8,100
8,100
8,100
8,100
tvc/unit
17,229
12,400
12,400
12,400
12,400
12,400
12,400
12,400

1
468,225
36,308
504,533
25
20,181
28,830

d
2
3
282,325 468,225
36,308
36,308
318,633 504,533
25
25
12,745
20,181
18,208
28,830

4
230,845
36,308
267,153
25
10,686
15,266

1
461,975
36,308
498,283
25
19,931
28,473

e
2
3
276,075 461,975
36,308
36,308
312,383 498,283
25
25
12,495
19,931
17,850
28,473

f
4
224,595
36,308
260,903
25
10,436
14,909

1
405,725
36,308
442,033
25
17,681
25,259

3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0

10

15

20

25

(500,000)

Produk G
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
(100,000)

5
Sales

10
Total Cost

15

20
Profit

25

30

Sales

Total Cost

Profit

f
2
219,825
36,308
256,133
25
10,245
14,636

3
405,725
36,308
442,033
25
17,681
25,259

4
168,345
36,308
204,653
25
8,186
11,694

1
418,225
36,308
454,533
25
18,181
25,973

g
2
3
232,325 418,225
36,308
36,308
268,633 454,533
25
25
10,745
18,181
15,350
25,973

4 es jeruk
jus jeruk
180,845
120,909
120,909
36,308
36,308
36,308
217,153
157,217
157,217
25
53
53
8,686
2,995
2,995
12,409
3,893
3,893

Produk B

Sales
Total Cost
Profit

1,000,000
800,000
600,000
400,000

30

200,000
(200,000)

10

15

20

(400,000)
(600,000)

Produk E
30

900,000
800,000
700,000
600,000
500,000

Sales

Total Cost

600,000
500,000
400,000
300,000
200,000
100,000
(100,000)
(200,000)

5
Sales

10

15

Total Cost

20
Profit

25

30

jus nanas jus mangga jus apel

jus sirsak sop buah Susu
Kopi
teh
255,909
210,909
255,909
210,909
165,909
160,909
120,909
125,909
36,308
36,308
36,308
36,308
36,308
36,308
36,308
36,308
292,217
247,217
292,217
247,217
202,217
197,217
157,217
162,217
53
53
53
53
53
53
53
53
5,566
4,709
5,566
4,709
3,852
3,757
2,995
3,090
7,236
6,122
7,236
6,122
5,007
4,883
3,893
4,017

Produk D
350,000
300,000
250,000
200,000
150,000
100,000
50,000
(50,000)
(100,000)

Sales

10

Total Cost

15

20

Profit

25

30

Produk C
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
(100,000)

25

5 Sales 10

15
20
Total Cost

25 Profit
30

30

Profit

600,000
500,000
400,000
300,000
200,000
100,000
(100,000)
(200,000)

5
Sales

Produk F

10
Sales

15

20

Total Cost

25

30
Profit

0.17

0.16

Product

0.05

0.02

a
1
17,181
24,545
30
4

2
9,745
13,922
30
6

3
17,181
24,545
30
4

4
7,686
10,980
30
8

projection-sale

8,500,000
346

8,000,000
575

2,500,000
102

1,000,000
91

1 projection-sale
projection-cost
net sales
total net sales

8,500,000
5,950,000
2,550,000

8,000,000
5,600,000
2,400,000

2,500,000
1,750,000
750,000

1,000,000
700,000
300,000

Penjualan terhadap BEP

Unit Terjual
1,154
2 projection-sale
28,333,333
projection-cost
19,833,333
net sales
8,500,000
total net sales

3
1,915
26,666,667
18,666,667
8,000,000

340
8,333,333
5,833,333
2,500,000

304
3,333,333
2,333,333
1,000,000

6,792,385,419
679,238,542
6,113,146,877

tc/unit
price/unit
Unit Sold
bep

cost material

19,833,333

sales
Persediaan
Sales

2,000,000,000
200,000,000
1,800,000,000

Sales
2,330,000,000
3,458,885,000
233,000,000
345,888,500
2,097,000,000
3,112,996,500

HPP
Persediaan
HPP

1,400,000,000
140,000,000
1,260,000,000

1,491,000,000
149,100,000
1,341,900,000

HPP

2012- end

2,013

2,064,289,500
206,428,950
1,857,860,550

2014*

3,847,319,556
384,731,956
3,462,587,600

2015**

Sales
hpp
net sales

1,800,000,000
1,260,000,000
540,000,000

2,097,000,000
1,341,900,000
839,000,000

3,112,996,500
1,857,860,550
1,394,595,500

6,113,146,877
3,462,587,600
2,945,065,863

pendapatan tunai
persediaan
utang dagang

1,260,000,000
140,000,000
210,000,000

1,467,900,000
149,100,000
223,650,000

2,179,097,550
206,428,950
309,643,425

4,279,202,814
384,731,956
577,097,933

162,000,000
-

251,700,000
162,000,000

418,378,650
251,700,000

883,519,759
418,378,650

piutang
Piutang diterima

30% Penjualan dibayar kredit

70% Penjualan dibayar tunai
15% HPP merupakan utang Dagang/ Usaha
10% merupakan persediaan barang dagangan

0
1
0
0

Normal
growth

net sales per tahun 2012- end

0
540,000,000

2,013
839,000,000

*
dikali 30% karena ada penambahan c
**
dikali 75% karena sudah maksimum kinerja cabang
Best case
growth

growth

net sales per tahun 2012- end

2,013
0
600,000,000
604,800,000
Best case
double digit growth-ceteris paribus

net sales per tahun 2012- end

0
600,000,000

Worst Case
2,013
569,700,000

Worst Case

Sales
HPP
Net Sales

736,343
515,440

417,657
292,360

stress testing imf untuk Indonesia-ceteris paribus

736,343
515,440

329,405
230,584

0.20

0.35

0.05

b
1
18,681
26,688
30
4

2
11,245
16,065
30
6

3
18,681
26,688
30
4

4
9,186
13,123
30
7

1
19,681
28,116
30
4

10,000,000
375

17,500,000
1,089

2,500,000
94

10,000,000
7,000,000
3,000,000

17,500,000
12,250,000
5,250,000

2,500,000
1,750,000
750,000
15,000,000

1,249
33,333,333
23,333,333
10,000,000

3,631
58,333,333
40,833,333
17,500,000

312 total
8,333,333
166,666,667
5,833,333
116,666,667
2,500,000
50,000,000
50,000,000

13,338,546,866
1,333,854,687
12,004,692,179

7,170,441,822
717,044,182
6,453,397,640

2016**

12,004,692,179
6,453,397,640
6,168,105,044

8,403,284,526
717,044,182
1,075,566,273
1,850,431,513
883,519,759

7,000,000,000
6,000,000,000
5,000,000,000
4,000,000,000
3,000,000,000
2,000,000,000
1,000,000,000

Normal
2014*
1,394,595,500

2015**
2,945,065,863

2016**
6,168,105,044

Best case
2014*
967,870,400

2015**
2,733,407,180

2016**
5,772,329,092

Worst Case
2014*
911,699,350

2015**
2,574,771,942

2016**
5,437,327,850

0% karena ada penambahan cabang

ndonesia-ceteris paribus

800,628
560,440

481,943
337,360

800,628
560,440

4,302,947
3,012,063
1,290,884

c
2
12,245
17,493
30
5
-

d
3
19,681
28,116
30
4

4
10,186
14,552
30
6

1
20,181
28,830
30
4

net sales per tahun

7,000,000,000
6,000,000,000
5,000,000,000
Normal

4,000,000,000

Best case

3,000,000,000

Worst Case

2,000,000,000
1,000,000,000
2012- end

2,013

2014*

2015**

2016**

d
2
12,745
18,208
30
5

e
3
20,181
28,830
30
4

4
10,686
15,266
30
6

1
19,931
28,473
30
4

2
12,495
17,850
30
5

Best case
Worst Case

f
3
19,931
28,473
30
4

4
10,436
14,909
30
6

1
17,681
25,259
30
4

2
10,245
14,636
30
6

3
17,681
25,259
30
4

4
8,186
11,694
30
7

1
18,181
25,973
30
4

g
2
10,745
15,350
30
6

g
3
18,181
25,973
30
4

4
8,686
12,409
30
7
50,000,000

Periods
2012- end

New equity
New Loans
Internal Cash Flow
Total Capital
Expenditure
margin
Periods

2013

2014

1,000,000,000
451,500,000
-

1,441,441,006

1,102,816,303

1,562,099,000

27,000,000

61,000,000

(110,599,000)

1,414,441,006

1,041,816,303

2012- end

2013

2014

131,599,000
2,500,000
1,400,000,000
25,000,000
3,000,000

25,000,000
2,000,000

21,000,000
25,000,000
15,000,000

1,562,099,000

27,000,000

61,000,000

18,750,000

18,750,000

18,750,000

5,500,000

2,000,000

15,000,000

Aset Tetap

3,000,000
131,599,000

5,000,000
131,599,000

20,000,000
152,599,000

Sewa Gedung

20,000,000

20,000,000

40,000,000

Beli alat-alat
Perijinan dan lain-lain
Investasi Operasional
Perlengkapan
Pelatihan Karyawan
Total Capital
Expenditure

perlengkapan
beban lain-lain
goodwill

Akumulasi pelatihan karyawan

2015

2016

1,619,830,349

3,375,192,616

32,000,000

75,000,000

1,587,830,349

3,300,192,616

2015

2016

25,000,000
7,000,000

25,000,000
50,000,000

32,000,000

75,000,000

18,750,000

18,750,000

7,000,000

50,000,000

27,000,000
152,599,000

77,000,000
152,599,000

40,000,000

55,000,000

100%
80%
60%
40%
20%
0%

Internal Cash Flow

New Loans
New equity
2012end

2013

2014

2015

2016

1,600,000,000
1,400,000,000
1,200,000,000
1,000,000,000
800,000,000
600,000,000
400,000,000
200,000,000

Total Capital Expenditure

1,600,000,000
1,400,000,000
1,200,000,000
1,000,000,000
Perlengkapan
800,000,000
600,000,000
400,000,000
200,000,000
2012- 2013 2014 2015 2016
end
Total Capital Expenditure

Pelatihan Karyawan
Chart Title

Perijinan dan lain-lain

2012- end

2013

2014

Pelatihan Karyawan
Chart Title

Beli alat-alat

Sewa Gedung

2015

2016

Fixed Cost
Sewa Bangunan
Utilities
Alat-alat

per tahun

satuan
total
20,000,000

Meja Plasitk alumunium

500,000
Kursi plastik Alumunium
120,000
lemari
1,000,000
Rak Display
1,000,000
Mesin Pengering tangan
600,000
Pompa
5,000,000
mesin kasir
1,300,000
Kitchen Set
20,000,000
Televisi
1,500,000
Mesin Minuman
5,500,000
Tabung Pemadam
500,000
Blower
250,000
Alat P3K
250,000
Air Conditioner
2,000,000
pendingin
8,689,000
lampu
10,000
Food Set
10,000
total

20,000,000
12,000,000
6,000,000
5,760,000
1,000,000
3,000,000
600,000
5,000,000
2,600,000
20,000,000
3,000,000
5,500,000
500,000
1,000,000
250,000
8,000,000
8,689,000
100,000
600,000
71,599,000

Depresiasi Barang 1
Alat-alat
Meja Plasitk alumunium
500,000
Kursi plastik Alumunium
120,000
lemari
1,000,000
Rak Display
1,000,000
Mesin Pengering tangan
600,000
Pompa
5,000,000
mesin kasir
1,300,000
Kitchen Set
20,000,000
Televisi
1,500,000
Mesin Minuman
5,500,000
Tabung Pemadam
500,000
Blower
250,000
Alat P3K
250,000
Air Conditioner
2,000,000
pendingin
8,689,000
lampu
10,000
Food Set
10,000

Nilai Buku
Tingkat depresiasi
6,000,000
20.0%
5,760,000
20.0%
1,000,000
20.0%
3,000,000
20.0%
600,000
20.0%
5,000,000
20.0%
2,600,000
20.0%
20,000,000
20.0%
3,000,000
20.0%
5,500,000
20.0%
500,000
20.0%
1,000,000
20.0%
250,000
20.0%
8,000,000
20.0%
8,689,000
20.0%
100,000
20.0%
600,000
20.0%
71,599,000
nilai depresiasi

Utang

principal
Utang
r
r (rp)
jangka (tahun)
utang
pokok
1
2
3
4
5
6
7
8
9
10

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

1
2
3
4
5
6

0.1
45,150,000
1
10%
4,515,000
10

0.25
112,875,000
2
12%
12,980,625
15

Amortisasi
0.4
180,600,000
3
15%
26,187,000
10

0.2
90,300,000
4
11%
9,933,000
3

1
bunga

principal pmt
total pmt
saldo
4,515,000
5,303,302
4,515,000
7,055,883
4,515,000
6,770,478
4,515,000
6,491,841
4,515,000
6,220,064
4,515,000
5,955,228
4,515,000
5,697,403
4,515,000
5,446,645
4,515,000
5,203,000
4,515,000
4,966,500

40,635,000
36,120,000
31,605,000
27,090,000
22,575,000
18,060,000
13,545,000
9,030,000
4,515,000
-

principal pmt
total pmt
saldo
7,525,000
8,390,375
7,525,000
8,332,683
7,525,000
8,274,992
7,525,000
8,217,300
7,525,000
8,159,608
7,525,000
8,101,917
7,525,000
8,044,225
7,525,000
7,986,533
7,525,000
7,928,842
7,525,000
7,871,150
7,525,000
7,813,458
7,525,000
7,755,767
7,525,000
7,698,075
7,525,000
7,640,383
7,525,000
7,582,692

105,350,000
97,825,000
90,300,000
82,775,000
75,250,000
67,725,000
60,200,000
52,675,000
45,150,000
37,625,000
30,100,000
22,575,000
15,050,000
7,525,000
-

utang
3
pokok
bunga
principal pmt
total pmt
saldo
180,600,000
2,618,700
18,060,000
20,678,700
162,540,000
2,356,830
18,060,000
20,416,830
144,480,000
2,094,960
18,060,000
20,154,960
126,420,000
1,833,090
18,060,000
19,893,090
108,360,000
1,571,220
18,060,000
19,631,220
90,300,000
1,309,350
18,060,000
19,369,350

162,540,000
144,480,000
126,420,000
108,360,000
90,300,000
72,240,000

45,150,000
40,635,000
36,120,000
31,605,000
27,090,000
22,575,000
18,060,000
13,545,000
9,030,000
4,515,000
utang
pokok
bunga
112,875,000
105,350,000
97,825,000
90,300,000
82,775,000
75,250,000
67,725,000
60,200,000
52,675,000
45,150,000
37,625,000
30,100,000
22,575,000
15,050,000
7,525,000

451,500
406,350
361,200
316,050
270,900
225,750
180,600
135,450
90,300
45,150
2
865,375
807,683
749,992
692,300
634,608
576,917
519,225
461,533
403,842
346,150
288,458
230,767
173,075
115,383
57,692

7
8
9
10

72,240,000
54,180,000
36,120,000
18,060,000
utang
pokok

1
2
3

18,060,000
18,060,000
18,060,000
18,060,000

19,107,480
18,845,610
18,583,740
18,321,870

54,180,000
36,120,000
18,060,000
-

4
bunga
90,300,000
60,200,000
30,100,000

utang
pokok
1
2
3
4
5

1,047,480
785,610
523,740
261,870

3,311,000
2,207,333
1,103,667

principal pmt
total pmt
saldo
30,100,000
33,411,000
30,100,000
32,307,333
30,100,000
31,203,667

60,200,000
30,100,000
-

principal pmt
total pmt
saldo
4,515,000
4,921,350
4,515,000
4,840,080
4,515,000
4,758,810
4,515,000
4,677,540
4,515,000
4,596,270

18,060,000
13,545,000
9,030,000
4,515,000
-

5
bunga
22,575,000
18,060,000
13,545,000
9,030,000
4,515,000

406,350
325,080
243,810
162,540
81,270

2013
4,800,000
4,608,000
800,000
2,400,000
480,000
4,000,000
2,080,000
16,000,000
2,400,000
4,400,000
400,000
800,000
200,000
6,400,000
6,951,200
80,000
480,000
57,279,200
14,319,800

Utang

Nilai Buku Peralatan

2014
2015
3,840,000
3,072,000
3,686,400
2,949,120
640,000
512,000
1,920,000
1,536,000
384,000
307,200
3,200,000
2,560,000
1,664,000
1,331,200
12,800,000
10,240,000
1,920,000
1,536,000
3,520,000
2,816,000
320,000
256,000
640,000
512,000
160,000
128,000
5,120,000
4,096,000
5,560,960
4,448,768
64,000
51,200
384,000
307,200
45,823,360
36,658,688
11,455,840
9,164,672

2016
2,457,600
2,359,296
409,600
1,228,800
245,760
2,048,000
1,064,960
8,192,000
1,228,800
2,252,800
204,800
409,600
102,400
3,276,800
3,559,014
40,960
245,760
29,326,950
7,331,738

2017
1,966,080
1,887,437
327,680
983,040
196,608
1,638,400
851,968
6,553,600
983,040
1,802,240
163,840
327,680
81,920
2,621,440
2,847,212
32,768
196,608
23,461,560
5,865,390

0.05
22,575,000
5
9%
2,031,750
5

1
451,500,000
0.12325
55,647,375

beban bunga

2012- end
7,652,925

utang bank
utang lain
total utang jp
utang d bayar

2012- end
338,625,000
112,875,000
451,500,000
0

Utang Usaha
Utang Usaha di Bayar
Saldo Utang Usaha

210,000,000
105,000,000
105,000,000

2013
6,103,277

2014
4,553,628

2015
3,003,980

2013
308,525,000
78,260,000
386,785,000
64,715,000

2014
278,425,000
43,645,000
322,070,000
64,715,000

2015
248,325,000
9,030,000
257,355,000
64,715,000

328,650,000
164,325,000
164,325,000

473,968,425
236,984,213
236,984,213

814,082,146
407,041,073
407,041,073

Setiap tahun perusahaan membayar utang usaha sebesar 50%.

50%

Depresiasi Barang 2
Alat-alat
Meja Plasitk alumunium500000
Kursi plastik Alumunium120000
lemari
1000000
Rak Display
1000000
Mesin Pengering tangan600000
Pompa
5000000
mesin kasir
1300000
Kitchen Set
20000000
Televisi
1500000
Mesin Minuman
5500000
Tabung Pemadam
500000
Blower
250000
Alat P3K
250000
Air Conditioner
2000000
pendingin
8689000
lampu
10000
Food Set
10000

Nilai Buk
Nilai Buku
Tingkat depresiasi
6000000
20.0%
5760000
20.0%
1000000
20.0%
3000000
20.0%
600000
20.0%
5000000
20.0%
2600000
20000000
3000000
5500000
500000
20.0%
1000000
20.0%
250000
20.0%
8000000
20.0%
8689000
20.0%
100000
20.0%
600000
20.0%
71,599,000
nilai depresiasi

2015
4,800,000
4,608,000
800,000
2,400,000
480,000
4,000,000

400,000
800,000
200,000
6,400,000
6,951,200
80,000
480,000
32,399,200
39,199,800

nilai aset
depresiasi
net aset

2016
2,557,998
2016
218,225,000
4,515,000
222,740,000
34,615,000
1,482,607,346
741,303,673
741,303,673

2012- end
71,599,000
14,319,800
57,279,200

Nilai Buku Peralatan

2016
2017
3,840,000
3,072,000
3,686,400
2,949,120
640,000
512,000
1,920,000
1,536,000
384,000
307,200
3,200,000
2,560,000

320,000
640,000
160,000
5,120,000
5,560,960
64,000
384,000
25,919,360
6,479,840

256,000
512,000
128,000
4,096,000
4,448,768
51,200
307,200
20,735,488
5,183,872

2018
2,457,600
2,359,296
409,600
1,228,800
245,760
2,048,000

204,800
409,600
102,400
3,276,800
3,559,014
40,960
245,760
16,588,390
4,147,098

2019
1,966,080
1,887,437
327,680
983,040
196,608
1,638,400

163,840
327,680
81,920
2,621,440
2,847,212
32,768
196,608
13,270,712
3,317,678

2013
71,599,000
11,455,840
60,143,160

2014
143,198,000
9,164,672
134,033,328

2015
143,198,000
48,364,472
94,833,528

2016
143,198,000
13,811,578
129,386,422

pelayan
koki
kasir
Cleaning service
Bag. Pengiriman
manajer
CEO
Total

pelayan
koki
kasir
Cleaning service
Bag. Pengiriman
manajer
CEO
Total
Total Direct Labor
Total Indirect Labor
Total
direct labor
total cost indirect labor

Bayaran per orang

800,000
950,000
900,000
850,000
850,000
1,750,000
2,500,000
8,600,000
2012
2
2
2
2
2
4
1
10
0
10
188,400,000
22,800,000
165,600,000

2012
19,200,000
22,800,000
21,600,000
20,400,000
20,400,000
84,000,000
30,000,000
188,400,000

2013
19,200,000
22,800,000
21,600,000
20,400,000
20,400,000
84,000,000
30,000,000
188,400,000

2013
2
2
2
2
2
4
1
10
0
10

2014
4
5
4
3
3
4
1
10
0
10

188,400,000
22,800,000
165,600,000

283,800,000
57,000,000
226,800,000

2014
38,400,000
57,000,000
43,200,000
30,600,000
30,600,000
84,000,000
30,000,000
283,800,000

2015
38,400,000
57,000,000
43,200,000
40,800,000
40,800,000
84,000,000
30,000,000
304,200,000

2015
4
5
4
4
4
4
1
12
0
10

2016
4
5
4
4
5
4
1
12
0
10

304,200,000
57,000,000
247,200,000

314,400,000
57,000,000
257,400,000

2016
38,400,000
57,000,000
43,200,000
40,800,000
51,000,000
84,000,000
30,000,000
314,400,000

direct labor/labor

Sales
HPP
Laba Kotor
Beban

Tax

Depresiasis & Amortisasi

Pegawai
Jumlah Beban
EBITDA
D& A
EBIT
Interest
EBT
25%
Net Income

2012
1,800,000,000
1,260,000,000
540,000,000

14,319,800
165,600,000
179,919,800
360,080,200
14,319,800
345,760,400
7,652,925
338,107,475
84,526,869
253,580,606
21,131,717

2013
2,097,000,000
1,341,900,000
755,100,000

2014
3,112,996,500
1,857,860,550
1,255,135,950

2015
6,113,146,877
3,462,587,600
2,650,559,277

2016
12,004,692,179
6,453,397,640
5,551,294,540

11,455,840
165,600,000
177,055,840
578,044,160
11,455,840
566,588,320
6,103,277
560,485,043
140,121,261
420,363,783

9,164,672
226,800,000
235,964,672
1,019,171,278
9,164,672
1,010,006,606
4,553,628
1,005,452,978
251,363,244
754,089,733

7,331,738
247,200,000
254,531,738
2,396,027,539
7,331,738
2,388,695,802
3,003,980
2,385,691,822
596,422,955
1,789,268,866

5,865,390
257,400,000
263,265,390
5,288,029,150
5,865,390
5,282,163,760
2,557,998
5,279,605,761
1,319,901,440
3,959,704,321

Akitva
Aset Lancar
Kas
Piutang
Persediaan Barang
Perlengkapan
Total Aset Lancar
Aset Tetap
Peralatan (setelah depresiasi)
Goodwill
Total Aktiva

2012- end

2014*

1,441,441,006
162,000,000
140,000,000
25,000,000
1,768,441,006

1,102,816,303
251,700,000
149,100,000
25,000,000
1,528,616,303

1,619,830,349
418,378,650
206,428,950
25,000,000
2,269,637,949

57,279,200
3,000,000
1,828,720,206

60,143,160
5,000,000
1,593,759,463

134,033,328
20,000,000
2,423,671,277

Passiva
Utang
Utang Lancar
Utang dagang
Utang Jangka Panjang
Utang Bank
Utang Lain
Total Utang Jangka Panjang
Total Utang

2012- end

Ekuitas
Laba di Tahan
Paid in Capital
Utang & Ekuitas

Discrepancy

2013

2013

2014*

210,000,000

164,325,000

236,984,213

338,625,000
112,875,000
451,500,000
661,500,000

308,525,000
78,260,000
386,785,000
551,110,000

278,425,000
43,645,000
322,070,000
559,054,213

1,000,000,000
253,580,606

1,000,000,000
420,363,783

1,000,000,000
754,089,733

1,915,080,606

1,971,473,783

2,313,143,946

86,360,400

377,714,320

(110,527,332)

2015**

2016**

3,375,192,616
883,519,759
384,731,956
25,000,000
4,668,444,331

6,794,675,477
1,850,431,513
717,044,182
25,000,000
9,387,151,172

94,833,528
27,000,000
4,790,277,859

129,386,422
77,000,000
9,593,537,595

2015**

2016**

407,041,073

741,303,673

248,325,000
9,030,000
257,355,000
664,396,073

218,225,000
4,515,000
222,740,000
964,043,673

1,000,000,000
1,789,268,866

1,000,000,000
3,959,704,321

3,453,664,939

5,923,747,994

(1,336,612,919)

(3,669,789,601)

ARUS KAS
Aktivitas Operasi

2012- end

Pendapatan tunai
Penambahan Utang
Depresiasi dan Amortisasi

2013

1,260,000,000
210,000,000
14,319,800

Pembayaran gaji
Pembayaran Pajak
Pembayaran Utang Usaha
Pembayaran Lain-Lain
Arus Kas Bersih dari Operasi
Aktivitas Investasi

165,600,000
84,526,869
105,000,000
1,129,192,931

2014*

Cash Inflow
1,467,900,000
164,325,000
11,455,840
Cash Outflow
165,600,000
140,121,261
164,325,000
1,173,634,579

2,179,097,550
236,984,213
9,164,672
226,800,000
251,363,244
236,984,213
1,710,098,978

Cash Inflow

Perolehan Aset Tetap

Arus Kas Bersih dari Investasi
Aktivitas Pembiayaan

131,599,000
997,593,931

Cash Outflow
1,173,634,579

21,000,000
1,689,098,978

Cash Inflow
Penambahan Utang

451,500,000

Pembayaran Utang
Pembayaran Bunga
Arus Kas Bersih dari Pembiayaan

7,652,925
1,441,441,006

Cash Outflow
64,715,000
6,103,277
1,102,816,303

64,715,000
4,553,628
1,619,830,349

Arus Kas Bersih dari Pembiayaan

8,000,000,000
7,000,000,000
6,000,000,000
5,000,000,000
Arus Kas Bersih dari
Pembiayaan

4,000,000,000
3,000,000,000
2,000,000,000
1,000,000,000
1

2015**

Kas Bersih dari

2016**

4,279,202,814
407,041,073
7,331,738

8,403,284,526
741,303,673
5,865,390

247,200,000
596,422,955
407,041,073

257,400,000
1,319,901,440
741,303,673

3,442,911,596

6,831,848,475

3,442,911,596

6,831,848,475

64,715,000
3,003,980
3,375,192,616

34,615,000
2,557,998
6,794,675,477

23,754,915

Net Working Capital

Cash Flow
IRR
NPV
Profitabilty Index
Payback Period

0
(1,562,099,000)
103%
Rp8,475,427,424
9.18
3 tahun

2012- end
1,558,441,006
1,441,441,006

2013
1,364,291,303
1,102,816,303

2014*
2,032,653,737
1,619,830,349

2015**
4,261,403,258
3,375,192,616

2016**
8,645,847,499
6,794,675,477

WACC
Cost Of Debt

12.3%

Cost of Equity

WACC

Risk Market
9.60%
Risk Free
5.75%
Beta***
0.32
CAPM
0.06982
7.903%

***Beta perusahaan sejenis yaitu dalam hal ini PT Fastf

yaitu dalam hal ini PT Fastfood Indonesia Tbk. (FAST)