= 2.993.115.731 + 234.500.820
= 3.227.616.551
nopat 2011= 1.927.891.998 + 22.723.138
= 1.950.615.136
nopat 2010= 1.674.924.411 + 12.651.557
= 1.687.575.968
nopat 2009= 595.230.900 + 47.049.683
= 642.280.583
IC 2012= kas + modal kerja + aktiva kerja
= 3.868.574.769 + 953.845.975 + 4.663.449.270
= 9.485.870.014
IC 2011= 5.639.678.574 + 953.845.975 + 2.980.742.742
= 9.574.267.291
IC 2010= 4.308.242.737 + 953.845.975 + 2.952.396.841
= 8.214.485.553
IC 2009= 2.773.582.727+ 953.845.975 + 2.890.601.952
= 6.618.030.654
WACC = (D x rD (1-tax)) + (E x rE)
D 2012= (total hutang : total hutang dan ekuitas) x 100%
= (6.876.224.890 : 19.708.540.946) x 100%
= 34,48%
D 2011= (4.429.191.527 : 15.201.235.077) x 100%
= 29,13%
D 2010= (2.709.808.801 : 12.310.732.099) x 100%
= 22,01%
D2009= (1.748.127.419 : 9.939.996.438) x 100%
= 17,58%
rD 2012= (biaya bunga : total hutang) x 100%
= (234.500.820 : 6.876.224.890) x 100%
= 3,41%
rD 2011= (22.723.138 : 4.429.191.527) x 100%
= 0,51%
rD 2010= (12.651.557 : 12.310.732.099) x 100%
= 0,10%
rD 2009= (47.049.683 : 9.939.996.438) x 100%
= 0,47%
tax 2012= (beban pajak : EBT) x 100%
= (902.379.330 : 3.895.495.061) x 100%
= 23,16%
tax 2011= (640.889.387 : 2.568.781.385) x 100%
= 24,94%
tax 2010= (597.699.273 : 2.272.623.684) x 100%
= 26,29%
tax 2009= (188.786.842 : 784.017.742) x 100%
= 24,07%
E 2012= (total ekuitas : total hutang dan ekuitas) x 100%
= (12.832.316.056 : 19.708.540.946) x 100%
= 65,11%
E 2011= (10.772.043.550 : 15.201.235.077) x 100%
= 70,86%
E 2010= (9.580.098.225 : 12.310.732.099) x 100%
= 77,81%
E 2009= (8.148.939.490 : 9.939.996.438) x 100%
= 81,98%
rE 2012= 1 : PER
= 1 : 0,31
= 3,22
rE 2011= 1 : 0,49
= 2,04
rE 2010= 1 : 0,56
= 1,78
rE 2009= 1 : 1,57
= 0,63
WACC 2012= (D x rD (1-tax)) + (E x rE)
= (34,48% x 3,41% (1-23,16%))+(65,11% x 3,22)
= (2395,84)
WACC 2011= (29,13% x 0,51% (1-24,94%))+(70,86% x 2,04)
= (211,11)
WACC 2010= (22,01% x 0,10% (1-26,29%))+(77,81% x 1,78)
= 82,83
WACC 2009= (17,58% x 0,47% (1-24,07%))+(81,98% x 0,63)
= (138,97)
CC 2012= WACC x IC
= -2395,84 x 9.485.870.014
= (227.266.268.100)
CC 2011= -211,11 x 9.574.267.291
= (202.122.356,80)
CC 2010= 82,83 x 8.214.485.553
= 6.804.405.838.400
CC 2009= -138,97 x 6.618.030.654
= (919.707.720.000)
EVA 2012= NOPAT - CC
= 3.227.616.551 - (-227.266.268.100)
= 230.493.884.700
EVA 2011= 1.950.615.136 - (-202.122.356,80)
= 2.152.737.493
EVA 2010= 1.687.575.968 - 6.804.405.838.400
= (6.802.718.262.000)
EVA 2009= 642.280.583 - (-919.707.720.000)
= 920.350.000.600
tahun
|
EVA
|
2012
|
230.493.884.700
|
2011
|
2.152.737.493
|
2010
|
(6.802.718.262.000)
|
2009
|
920.350.000.600
|
