II.

PERUBAHAN PADA PENDAPATAN DAN BIAYA

Prediksi Laporan Laba Rugi Variabel Costing Pertahun

Pendapatan 153,000,000 12 1,836,000,000

Biaya Variabel 97,500,000 12 1,170,000,000

Konstribusi Margin 55,500,000 12 666,000,000

Biaya Tetap 27,083,333 12 325,000,000

Laba 28,416,667 12 341,000,000

Pendapatan Naik 10% setiap tahunnya dan biaya Variabel Naik 5%

Tahun Pendapatan Biaya Variabel Konstribusi Margin Penyusutan Laba

1 1,836,000,000 1,170,000,000 666,000,000 325,000,000 341,000,000

2 2,019,600,000 1,228,500,000 791,100,000 325,000,000 466,100,000

3 2,221,560,000 1,289,925,000 931,635,000 325,000,000 606,635,000

4 2,443,716,000 1,354,421,250 1,089,294,750 325,000,000 764,294,750

5 2,688,087,600 1,422,142,313 1,265,945,288 325,000,000 940,945,288

6 2,956,896,360 1,493,249,428 1,463,646,932 325,000,000 1,138,646,932

7 3,252,586,996 1,567,911,900 1,684,674,096 325,000,000 1,359,674,096

8 3,577,844,596 1,646,307,495 1,931,537,101 325,000,000 1,606,537,101

9 3,935,629,055 1,728,622,869 2,207,006,186 325,000,000 1,882,006,186

10 4,329,191,961 1,815,054,013 2,514,137,948 325,000,000 2,189,137,948

Tahun Cash Flow Discount factor 17% Present Value

1 666,000,000 0,855 569,230,769

2 791,100,000 0,731 577,909,270

3 931,635,000 0,624 581,685,463

4 1,089,294,750 0,534 581,302,196

5 1,265,945,288 0,456 577,411,764

6 1,463,646,932 0,390 570,586,059

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7 1,684,674,096 0,333 561,325,622

8 1,931,537,101 0,285 550,067,721

9 2,207,006,186 0,243 537,193,556

10 2,514,137,948 0,208 523,034,680

Jumlah 5,629,747,100

Present Value

Investasi 2,000,000,000

Net Present 3,629,747,100

Value

Berdasarkan hasil perhitungan secara keseluruhan analisi kelayakan financial disimpulkan bahwa
Rumah Sakit Ibu dan Anak Bahagia secara finansial layak untuk dikembangkan

Begitu pula hasil perhitungan analisis sensitivitas baik perubahan discount factor maupun
perubahan pendapatan dan biaya variable dengan terlihat Net Present Value positif sehingga proyek
ini sangat layak untuk dilaksanakan

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Perhitungan Net PRESENT Value Ibu dan Anak

Tahun Laba Akuntansi Penyusutan Cash flow Discount factor 9% present value

1 341,000,000 325,000,000 666,000,000 0,917 611,009,174

2 443,300,000 325,000,000 768,300,000 0,842 646,662,739
3 576,290,000 325,000,000 901,290,000 0,842 758,597,761
4 749,177,000 325,000,000 1,074,177,000 0,772 829,461,734
5 973,930,100 325,000,000 1,298,930,100 0,708 920,194,830
6 1,266,109,130 325,000,000 1,591,109,130 0,650 1,034,111,763
7 1,645,941,869 325,000,000 1,970,941,869 0,596 1,175,208,240
8 2,139,724,430 325,000,000 2,464,724,430 0,547 1,348,288,667
9 2,781,641,759 325,000,000 3,106,641,759 0,502 1,559,118,742
10 3,616,134,286 325,000,000 3,941,134,286 0,460 1,814,607,708

Jumlah Present Value 10,697,261,358

Investasi 4,500,000,000
Net Presnet Value 6,197,261,358

Rasio Cost and Benefit

Present value 9% 10,697,261,358

Investasi 4,500,000,000
RCB 2,38

Payback Period

Investasi Awal 4,500,000,000 666,000,000

Cash Inflow Tahun 2011 666,000,000 768,300,000

3,834,000,000 901,290,000
Tahun 2012 768,300,000 1,074,177,000
3,065,700,000 1,298,930,000
Tahun 2013 901,290,000 1,591,109,130
2,164,410,000 1,970,941,869
Tahun 2014 1,074,177,000 2,464,724,430
1,090,233,000 3,106,641,759
Tahun 2015 1,298,930,100 3,941,134,286

Payback Period 1,090233,000 X 12 10 bulan

1,298,930,100

Payback Period = 4 tahun 10 bulan

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