DF 15% 0.

15

Tahun Invstasi Operasi & Maintenance Total Cost Benefit Discount Factor PV. Gross Cost
1 2 3 4=3+2 5 6 7=6*4
1 400 400 0.870 347.826
2 600 600 0.756 453.686
3 100 100 350 0.658 65.752
4 100 100 350 0.572 57.175
5 100 100 350 0.497 49.718
6 100 100 350 0.432 43.233
7 100 100 350 0.376 37.594
8 100 100 350 0.327 32.690
9 100 100 350 0.284 28.426
10 100 100 350 0.247 24.718
11 100 100 350 0.215 21.494
12 150 100 250 350 0.187 46.727
13 100 100 350 0.163 16.253
14 100 100 350 0.141 14.133
15 100 100 350 0.123 12.289
16 100 100 350 0.107 10.686
17 100 100 350 0.093 9.293
18 100 100 350 0.081 8.081
19 100 100 350 0.070 7.027
20 100 100 350 0.061 6.110
21 100 100 350 0.053 5.313
22 150 100 250 350 0.046 11.550
23 100 100 350 0.040 4.017
24 100 100 350 0.035 3.493
25 100 100 350 0.030 3.038
26 100 100 350 0.026 2.642
27 100 100 350 0.023 2.297
28 100 100 350 0.020 1.997
29 100 100 350 0.017 1.737
30 100 100 350 0.015 1.510
31 100 100 350 0.013 1.313
32 150 100 250 350 0.011 2.855
33 100 100 350 0.010 0.993
34 100 100 350 0.009 0.864
35 100 100 350 0.008 0.751
36 100 100 350 0.007 0.653
37 100 100 350 0.006 0.568
38 100 100 350 0.005 0.494
39 100 100 350 0.004 0.429
40 100 100 350 0.004 0.373
41 100 100 350 0.003 0.325
42 150 100 250 350 0.003 0.706
1340.828756
PV. Gross Benefit Net B-C Gross ( B-O&M) PV. Investasi
8=6*5 9=8-7 10=6*(5-3) 11=6*2
0 -347.82608696 0 347.826087
0 -453.68620038 0 453.6862
230.1306813512 164.37905811 164.379058108 0
200.1136359576 142.9383114 142.938311398 0
174.0118573544 124.29418382 124.294183825 0
151.314658569 108.08189898 108.081898978 0
131.5779639731 93.984259981 93.9842599808 0
114.4156208462 81.725443462 81.7254434615 0
99.4918442141 71.06560301 71.06560301 0
86.5146471427 61.79617653 61.7961765305 0
75.2301279501 53.735805679 53.7358056787 0
65.4175025653 18.690715019 46.7267875467 28.0360725
56.8847848394 40.631989171 40.631989171 0
49.4650302951 35.332164497 35.3321644965 0
43.0130698219 30.723621301 30.7236213013 0
37.4026694103 26.716192436 26.7161924359 0
32.5240603568 23.231471683 23.2314716834 0
28.2817916146 20.201279725 20.2012797247 0
24.5928622736 17.566330195 17.5663301954 0
21.3850976292 15.275069735 15.2750697351 0
18.5957370689 13.282669335 13.2826693349 0
16.1702061468 4.6200588991 11.5501472477 6.93008835
14.0610488233 10.043606302 10.0436063024 0
12.2269989768 8.7335706977 8.7335706977 0
10.6321730233 7.5944093024 7.5944093024 0
9.2453678464 6.603834176 6.603834176 0
8.0394503012 5.7424645008 5.7424645008 0
6.9908263489 4.993447392 4.993447392 0
6.0789794338 4.342128167 4.342128167 0
5.2860690729 3.7757636235 3.7757636235 0
4.5965818025 3.2832727161 3.2832727161 0
3.9970276543 1.1420079012 2.8550197531 1.71301185
3.4756762212 2.4826258723 2.4826258723 0
3.0223271488 2.1588051063 2.1588051063 0
2.6281105642 1.8772218316 1.8772218316 0
2.2853135341 1.6323668101 1.6323668101 0
1.9872291601 1.4194494001 1.4194494001 0
1.7280253566 1.2343038261 1.2343038261 0
 1.5026307449 1.0733076749 1.0733076749 0
1.3066354303 0.9333110217 0.9333110217 0
1.136204722 0.8115748014 0.8115748014 0
0.9880041061 0.2822868875 0.7057172186 0.42343033
1757.748529652 1218.432061 -801.51228733 1255.53466404 838.61489
1 benefit/Cost Rasio = 1.3109

2 Net benefit/Cost ratio= 1.5202

3 Profitability Ratio = 1.4972

4 Net Present Value = 416.9198

Mencari IRR (Internal r

tahun net B-C DF-1 NPV-1 DF-2 NPV-2

0.22 0.23
1 -400 0.820 -327.869 0.813 -325.203
2 -600 0.672 -403.117 0.661 -396.589
3 250 0.551 137.677 0.537 134.346
4 250 0.451 112.850 0.437 109.224
5 250 0.370 92.500 0.355 88.800
6 250 0.303 75.820 0.289 72.195
7 250 0.249 62.147 0.235 58.695
8 250 0.204 50.940 0.191 47.720
9 250 0.167 41.754 0.155 38.797
10 250 0.137 34.225 0.126 31.542
11 250 0.112 28.053 0.103 25.644
12 100 0.092 9.198 0.083 8.339
13 250 0.075 18.848 0.068 16.950
14 250 0.062 15.449 0.055 13.781
15 250 0.051 12.663 0.045 11.204
16 250 0.042 10.380 0.036 9.109
17 250 0.034 8.508 0.030 7.405
18 250 0.028 6.974 0.024 6.021
19 250 0.023 5.716 0.020 4.895
20 250 0.019 4.685 0.016 3.980
21 250 0.015 3.840 0.013 3.235
22 100 0.013 1.259 0.011 1.052
23 250 0.010 2.580 0.009 2.139
24 250 0.008 2.115 0.007 1.739
25 250 0.007 1.734 0.006 1.414
26 250 0.006 1.421 0.005 1.149
27 250 0.005 1.165 0.004 0.934
28 250 0.004 0.955 0.003 0.760
29 250 0.003 0.783 0.002 0.618
30 250 0.003 0.641 0.002 0.502
31 250 0.002 0.526 0.002 0.408
32 100 0.002 0.172 0.001 0.133
33 250 0.001 0.353 0.001 0.270
34 250 0.001 0.290 0.001 0.219
35 250 0.001 0.237 0.001 0.178
36 250 0.001 0.195 0.001 0.145
37 250 0.001 0.159 0.000 0.118
38 250 0.001 0.131 0.000 0.096
39 250 0.000 0.107 0.000 0.078
40 250 0.000 0.088 0.000 0.063
41 250 0.000 0.072 0.000 0.052
42 100 0.000 0.024 0.000 0.017
16.246 -17.827

IRR= 0.225
Agusman
D041171316
Ekonomi Teknik

Tabel K.1 Jadwal pengembalian Kredit Perusahaan Batu Bata (Rp Ribuan)

Bunga 0.18 0.34

Cicilan pengembalian pokok pinjaman dan bunga bank dari jumlah pinjaman sebesar Rp 6.000.000,-

0,18
R  6.000.000  Rp1.918.670 R= 1918667
{1  (1  0,18) 5 }

Akhir kwt Cicilan/Tahun Bunga 18% P. Pokok Pinjaman Jumlah PP Sisa kredit
0 6,000.00
1 1,918.67 1,080.00 838.67 838.67 5,161.33
2 1,918.67 929.04 989.63 1,828.29 4,171.71
3 1,918.67 750.91 1,167.76 2,996.05 3,003.95
4 1,918.67 540.71 1,377.96 4,374.01 1,625.99
5 1,918.67 292.68 1,625.99 6,000.00 0.00

Tabel K.4 Persiapan Perhitungan IRR dan Net B/C

Net Benefit D.F D.F Present Kredit
Tahun Present Value
(Rp. 000) 18% 34% (Rp. 000)
0 -2,296.00 1.0000 -2,296.00 1.0000 -2,296.00
1 171.81 0.8475 145.60 0.7463 128.22
2 171.81 0.7182 123.39 0.5569 95.69
3 1,187.56 0.6086 722.79 0.4156 493.56
4 1,187.56 0.5158 612.53 0.3102 368.33
5 5,012.56 0.4371 2,191.04 0.2315 1,160.21
1,499.35 -49.99

1.499,35
IRR  0,18  ( )(0,34  0,18)
1.499,35  50,00
IRR  0,3348  33,48%
n

 N B () i
NetB / C  i 1
n

 N B ( )
i 1
i

3.795,35
NetB / C   1,65
2.296,00
 Tabel K.2 Rekapitulasi Biaya Operasi dan Biaya Pemeliharaan Perusahaan Batu Bata (Rp Ribuan)

Tahun
Jenis Biaya
1 2 3 4 5
A. Biaya Tdk Tetap 1,290.00 1,290.00 1,720.00 1,720.00 1,720.00
1. Bahan Baku 375.00 375.00 500.00 500.00 500.00
2. Bahan Pembantu 225.00 225.00 300.00 300.00 300.00
3. Upah Tenaga Kerja 450.00 450.00 600.00 600.00 600.00
4. Bahan Bakar Kayu 240.00 240.00 320.00 320.00 320.00
B. Biaya Tetap 1,464.20 1,464.20 1,464.20 1,464.20 1,464.20
5. Biaya Gaji 900.00 900.00 900.00 900.00 900.00
6. Biaya Umum 30.00 30.00 30.00 30.00 30.00
7. Biaya Penyusutan 459.20 459.20 459.20 459.20 459.20
8. Biaya Perawatan 75.00 75.00 75.00 75.00 75.00
Total Biaya 2,754.20 2,754.20 3,184.20 3,184.20 3,184.20

Tabel K.3 Persiapan Perhitungan NPV Perusahaan Batu Bata (Rp Ribuan)

Tahun
No. Uraian
0 1 2 3 4 5
1. Pendapatan
a. Hasil Usaha - 4,875.00 4,875.00 6,500.00 6,500.00 6,500.00
b. Salvage Value - - - - - 4,500.00
Gross Benefit 4,875.00 4,875.00 6,500.00 6,500.00 11,000.00
2. Investasi Awal 2,296.00 - - - - -
3. Operating Cost 2,754.20 2,754.20 3,184.20 3,184.20 3,184.20
Kredit Bank
a. Pokok Pinjaman 838.67 989.63 1,167.76 1,377.96 1,625.99
b. Bunga Bank 1,080.00 929.04 750.91 540.71 292.68
4. Net Benefit (EBDIT) -2,296.00 202.13 202.13 1,397.13 1,397.13 5,897.13
5. Pajak 15% - 30.32 30.32 209.57 209.57 884.57
6. Net Benefit -2,296.00 171.81 171.81 1,187.56 1,187.56 5,012.56
7. DF 18% 1.00 0.85 0.72 0.61 0.52 0.44
Present Value (PV) -2,296.00 145.60 123.39 722.79 612.53 2,191.04
NPV=Total PV 1,499.35
Bata (Rp Ribuan)

uan)