Tabel. E.13. Discounted Cash Flow pabrik Sodium Sianida Kapasitas 30.

000 ton/tahun
Laba
Tahun
ke
-2
-1
0
1
2
3
4
5
6
7
8
9
10
11

Kapasitas
Produksi

Hasil Penjualan

70%
90%
100%
100%
100%
100%
100%
100%
100%
100%
100%

Rp 386.400.001.236
Rp 496.800.001.590
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766
Rp 552.000.001.766

Depresiasi

Net Cash Flow

Biaya Produksi

Rp 253.242.543.811
Rp 303.608.772.506
Rp 323.841.445.007
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408
Rp 243.829.331.408

Cumulative Cash Flow

Laba Kotor

Pajak

Laba bersih

Rp133.157.457.425
Rp193.191.229.084
Rp228.158.556.759
Rp308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359
Rp 308.170.670.359

Rp 26.631.491.485
Rp 38.638.245.817
Rp 45.631.711.352
Rp61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072
Rp 61.634.134.072

Rp 106.525.965.940
Rp 154.552.983.267
Rp 182.526.845.407
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287
Rp 246.536.536.287

Trial for i =10%

Trial for i =

34,88%

discount
factor

Present Value

discount
factor

Present Value

Rp (58.346.979.537)
Rp (163.933.261.726)
Rp 679.022.292.339
Rp52.970.140.590

Rp159.496.106.530

Rp838.518.398.869

0,9091

Rp144.996.460.482

0,7414

Rp118.250.375.541

Rp52.970.140.590

Rp207.523.123.857

Rp1.046.041.522.726

0,8264

Rp171.506.713.932

0,5497

Rp114.069.984.277

Rp52.970.140.590

Rp235.496.985.997

Rp1.281.538.508.724

0,7513

Rp176.932.371.148

0,4075

Rp95.971.588.090

Rp52.970.140.590

Rp299.506.676.877

Rp1.581.045.185.601

0,6830

Rp204.567.090.279

0,3021

Rp90.493.269.489

Rp52.970.140.590

Rp299.506.676.877

Rp1.880.551.862.478

0,6209

Rp185.970.082.072

0,2240

Rp67.091.688.530

Rp52.970.140.590

Rp299.506.676.877

Rp2.180.058.539.355

0,5645

Rp169.063.710.974

0,1661

Rp49.741.761.959

Rp52.970.140.590

Rp299.506.676.877

Rp2.479.565.216.232

0,5132

Rp153.694.282.704

0,1231

Rp36.878.530.515

Rp52.970.140.590

Rp299.506.676.877

Rp2.779.071.893.109

0,4665

Rp139.722.075.185

0,0913

Rp27.341.733.775

Rp52.970.140.590

Rp299.506.676.877

Rp3.078.578.569.987

0,4241

Rp127.020.068.350

0,0677

Rp20.271.154.934

Rp52.970.140.590

Rp299.506.676.877

Rp3.378.085.246.864

0,3855

Rp115.472.789.409

0,0502

Rp15.029.029.459

Rp52.970.140.590
Rp582.671.546.490

Rp299.506.676.877

Rp3.677.591.923.741

0,3505
Total

Rp104.975.263.099
Rp 1.693.920.907.634

0,0372

Rp11.142.518.875
Rp646.281.635.444

Trial for i = 49,51%

Trial for

33,23%

Net Present Value

Total Investasi

i=
discount
factor

discount
factor

Present Value

Present Value
Rp 470.845.694.133
Rp117.711.423.533
Rp 679.022.292.339

0,6689
0,4474
0,2992
0,2001
0,1339
0,0895
0,0599
0,0401
0,0268
0,0179
0,0120

Rp106.679.223.149
Rp92.838.050.738
Rp70.465.190.235
Rp59.941.215.109
Rp40.091.776.543
Rp26.815.448.159
Rp17.935.554.919
Rp11.996.224.278
Rp 8.023.693.585
Rp 5.366.660.146
Rp 3.589.499.128
Rp 443.742.535.989

Modal Sendiri

0,7506
0,5634
0,4229
0,3174
0,2383
0,1788
0,1342
0,1008
0,0756
0,0568
0,0426

Pinjaman

Rp119.718.288.807
Rp116.919.601.275
Rp99.590.198.335
Rp95.071.023.041
Rp71.360.614.633
Rp53.563.506.081
Rp40.204.939.356
Rp30.177.956.353
Rp22.651.670.770
Rp17.002.416.687
Rp12.762.068.465
Rp 679.022.283.802

Bunga Pinjaman

Rp 119.718.288.807
Rp 236.637.890.082
Rp 336.228.088.416
Rp 431.299.111.457
Rp 502.659.726.091
Rp 556.223.232.172
Rp 596.428.171.528
Rp 626.606.127.881
Rp 649.257.798.651
Rp 666.260.215.338
Rp 679.022.283.802

Pengembalian Utang

Total Pinjaman

Rp 411.989.982.367

Rp 58.855.711.767
Rp 117.711.423.533

Rp 6.191.620.878
Rp19.226.221.150
Rp 21.248.819.615
Rp 14.165.879.743
Rp 7.082.939.872

Rp 88.577.145.391
Rp 81.494.205.519
Rp 74.411.265.648

Rp 58.855.711.767
Rp 182.758.756.178
Rp 201.984.977.328
Rp 134.656.651.552
Rp 67.328.325.776
Rp
-