PT INTAN

BALANCE SHEET
Decemcer 31,2012

Sales revenue 3,125,000

Less : Cost Of Goods Sold 2,695,000
Gross profit 430,000
Operating expenses :
marketing exp 200,000
adm & gen exp 30,000
lease exp 5,000
depreciation 55,000
total operating expense 290,000
Operating profit (EBIT) 140,000
Interest expenses 49,000
Net profit before taxes (EBT) 91,000
Income taxes 40% 36,400
Net profit after taxes 54,600

Assets :
Cash Rp 55,000.00
Marktables securities Rp 100,000.00
Accounts receivables Rp 672,000.00
Inventories Rp 483,000.00
total Current assets Rp 1,310,000.00
Land Rp 85,000.00
Building & equipments Rp 580,000.00
Accumulation of depreciation Rp 80,000.00
Net fixed assets Rp 585,000.00
Total assets Rp 1,895,000.00
Liabilities & equity
Acc. Payable Rp 258,000.00
Notes payable Rp 402,000.00
total Current Liabilities Rp 660,000.00
Long term liabilities Rp 513,000.00
Common stock Rp 700,000.00
Retained earnings Rp 22,000.00
Total liabilities &equity Rp 1,895,000.00

Industry Comment
Rasio- rasio yang diminta Actual 2012 Actual 2013
Average
Time
Cross section series
1. Current ratio 2 1.5 2.5 OK OK
2. Quick ratio 1.5 1.2 1.8 OK OK
3. Inventory turnover 6.7 4.5 8.9 OK OK
4. ACP (DSO) 37 days 80 days 55 days POOR POOR
5. Debt to T. assets 70% 75% 65% OK GOOD
6. Time inters. Earned (TIE) 1.5 2 1.0 GOOD OK
7. Total assets turnover 9,2 x 1,5x 16,9 x GOOD GOOD
8. Gross profit margin 1.20% 1.50% 1% OK OK
9. Net profit margin 2% 1% 3% OK OK
10. ROA (ROTA) 3.40% 2% 5% GOOD OK
11. ROE 8.50% 5% 12% OK GOOD