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Fixed Capital Investment

Keterangan
Bunga
Pajak
Sales (Sa)
n

:
:
:
:

Rp

24%
30%
492,750,000.00
2 tahun

No
1
2
3
4
5
6
7
8
9

Physic
Engineering and C
Direct Plant Cost [DPC] (

Contracto
Contingency (biaya
Size Fac
Fixed Ca

Manufacturing Cost

No
Direct manufacturing cost
1
2
3
4
5
6
7
Total direct manufacturing
Indirect manufacturing cos
1
2
3
4
Total indirect manufacturin
Fixed manufacturing cost
1
2
3
Total fixed manufacturing c
Total Manufacturing Cost

Working Capital
No
1

2
3
4
5
Total working capital

General Expanse
No
1
2
3
4
Total General Expanse

Total Capital Investment


No
1
2
Total Capital Investment

Production Cost
No
1
2
Total production cost

Analisa Keuntungan
No
1
2
Total Keuntungan
Profit Before Taxes
Pajak
Profit After Taxes

Fixed Cost (Fa)


No
1
2
3
4
Total Fixed Cost

Regulated Cost (Ra)


No
1

2
3
4
5
6
7
8
Total Regulated Cost

Variable Cost (Va)


No
1
2
3
4
Total Variable Cost

Annual Cash Flow (CF)


No
1
2
3
Total Annual Cash Flow

Fixed Capital Investment


Physical Plant Cost (PPC)
Delivery equipment cost (PEC)
Instalasi
Piping
Instrumentation
Insulation
Mekanikal - Elektrikal
Bangunan, Tanah dan perbaikan
Auxiliaries (elektrik, steam)
Outside Line
Physical Plant Cost
Engineering and Construction (20% x PPC)
Direct Plant Cost [DPC] (PPC + Engineering-construction)
Contractor fee (20% x DPC)
Contingency (biaya tak terduga) (10% x DPC)
Size Factor (10% x DPC)
Fixed Capital Investment

Manufacturing Cost
Jenis biaya pengeluaran
Direct manufacturing cost
Raw Material (Bahan baku dan pendukung)
Labor cost
Supervision cost
Maintenance cost
Plant Suppliest
Royalties and patent
Utility cost
Total direct manufacturing cost (DMC)
Indirect manufacturing cost
Payroll overhead
Laboratory
Plant overhead
Packaging and shipping
Total indirect manufacturing cost (IMC)
Fixed manufacturing cost
Depresiasi
Property Tax
Asurance
Total fixed manufacturing cost (FMC)
Total Manufacturing Cost

Working Capital
Jenis biaya pengeluaran
Raw material inventory

In process inventory
Product inventory
Extended credit
Available cash
Total working capital

General Expanse
Jenis biaya pengeluaran
Administrasi cost
Sales cost
Research dan development
Finance
Total General Expanse

Total Capital Investment


Jenis biaya pengeluaran
Fixed Capital Investment
Working Capital
Total Capital Investment

Production Cost
Jenis biaya pengeluaran
Manufacturing Cost
General Expanse
Total production cost

Analisa Keuntungan
Komponen
Hasil penjualan
Total production cost
Total Keuntungan
Profit Before Taxes
Pajak
Profit After Taxes

Fixed Cost (Fa)


Komponen
Depresiasi
Property Tax
Finance
Asurance
Total Fixed Cost

Regulated Cost (Ra)


Komponen
Labor cost

Payroll overhead
Plant overhead
Supervision cost
Laboratory
General Expanse
Maintenance cost
Plant Suppliest
Total Regulated Cost

Variable Cost (Va)


Komponen
Raw material inventory
Packaging and shipping
Utility cost
Royalties and patent
Total Variable Cost

Annual Cash Flow (CF)


Komponen
Profit After Taxes
Depresiasi
Finance
Total Annual Cash Flow

Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp

Harga
50,000,000.00
71,500,000.00
15,000,000.00
6,000,000.00
5,000,000.00
5,000,000.00
30,000,000.00
12,500,000.00
7,500,000.00
202,500,000.00
40,500,000.00
243,000,000.00

Rp
Rp
Rp
Rp

48,600,000.00
24,300,000.00
24,300,000.00
340,200,000.00

Harga
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp

61,500,000.00
21,525,000.00
5,381,250.00
34,020,000.00
5,103,000.00
1,230,000.00
15,375,000.00
144,134,250.00

Rp
Rp
Rp
Rp
Rp

4,305,000.00
4,305,000.00
19,372,500.00
4,305,000.00
32,287,500.00

Rp
Rp
Rp
Rp
Rp

34,020,000.00
3,402,000.00
3,402,000.00
40,824,000.00
217,245,750.00

Rp

Harga
11,070,000.00

Rp
Rp
Rp
Rp
Rp

12,300,000.00
12,300,000.00
9,225,000.00
9,225,000.00
54,120,000.00

Rp
Rp
Rp
Rp
Rp

Harga
14,782,500.00
49,275,000.00
24,637,500.00
24,637,500.00
113,332,500.00

Rp
Rp
Rp

Harga
340,200,000.00
54,120,000.00
394,320,000.00

Rp
Rp
Rp

Harga
217,245,750.00
113,332,500.00
330,578,250.00

Rp
Rp
Rp

Harga
492,750,000
330,578,250
162,171,750

Rp
Rp
Rp

162,171,750
48,651,525
113,520,225

Rp
Rp
Rp
Rp
Rp

Harga
34,020,000
3,402,000
24,637,500
3,402,000
65,461,500

Rp

Harga
21,525,000

Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp

4,305,000
19,372,500
5,381,250
4,305,000
113,332,500
34,020,000
5,103,000
207,344,250

Rp
Rp
Rp
Rp
Rp

Harga
11,070,000
4,305,000
15,375,000
1,230,000
31,980,000

Rp
Rp
Rp
Rp

Harga
113,520,225
34,020,000
24,637,500
172,177,725

Rekap Analisa
No
Uraian
1
Fixed Capital Investment
2
Manufacturing Cost
3
Working Capital
4
General Expanse
5
Total Capital Investment
6
Production Cost
7
Fixed Cost (Fa)
8
Regulated Cost (Ra)
9
Variable Cost (Va)
10 Sales (Sa)
11 Annual Cash Flow (CF)
12 Salvage Value (Sv)
13 Annual Cash Flow (CF)
14 Profit Before Taxes
15 Profit After Taxes

Keterangan
Bunga Bank
Bunga
Pajak
Sales (Sa)
n

Rp

Nilai
340,200,000.00

Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp
Rp

217,245,750.00
54,120,000.00
113,332,500.00
394,320,000.00
330,578,250.00
65,461,500
207,344,250
31,980,000
492,750,000
172,177,725
30,000,000
172,177,725
162,171,750
113,520,225

Rp

12%
24.25%
30%
492,750,000
2.00 tahun

Analisa Keuangan
Retun of Investment (ROI)
ROI before taxes =

Profit before taxes


Fixed capital investment

ROI before taxes =

Rp162,171,750.00
Rp340,200,000.00

ROI before taxes =

47.67%

ROI after taxes =

Profit after taxes


Fixed capital investment

ROI after taxes =

Rp113,520,225.00
Rp340,200,000.00

ROI after taxes =

33.37%

Pay Out Time (POT)


Fixed capital investment
(Profit before taxes + 0,1.FCI)

POT before taxes =

POT before taxes =

Rp

POT before taxes =

1.73 tahun
Fixed capital investment
(Profit after taxes + 0,1.FCI)

POT after taxes =

POT after taxes =

POT after taxes =

Rp340,200,000.00
162,171,750 + 0.1 x

Rp

Rp340,200,000
113,520,225 + 0.1 x
2.31 tahun

Break Even Point


x 100%

BEP =

x 100%

BEP =

(Fa + 0.3Ra)
(Sa - Va - 0.7Ra)

x 100%

Rp127,664,775
Rp315,629,025

x 100%

BEP = 40.45%

x 100%

Shut Down Point


SDP =

x 100%
SDP =

340,200,000.00

pital investment
er taxes + 0,1.FCI)

340,200,000
Rp

x 100%

Rp62,203,275.00
Rp315,629,025.00

x 100%

SDP = 19.71%

pital investment
ore taxes + 0,1.FCI)

0,200,000.00
Rp

0.3Ra
(Sa - Va - 0.7Ra)

340,200,000.00

Discounted Cash Flow (DFC)


(FC + WC)(1+i)n = (CF[(1+i)(n-1)+(1+i)(n-2)+....+(1+i)(n-8)])+SV+WC
Sisi kiri persamaan

Sisi kanan persamaan


1.24
1.00
0.80

Rp

608,753,681
DFC =

=
24.25%

Rp

608,802,170.04

index
1
2
3

Tabel Standar Kelayakan Suatu Investasi


No
Kriteria
Nilai
1
ROI before taxes =
47.67%
2
ROI after taxes =
33.37%
3
POT before taxes =
1.73
4
POT after taxes =
2.31
5
BEP =
40.45%
6
SDP =
19.71%
7
DFC =
24%

Standar kelayakan
Minimum 11% (aries & newton, 1954)

Keterangan
investasi layak

Maksimal 5 tahun (aries & newton, 1954)

investasi layak

(40% - 60%)
< BEP
> bunga bank (1,5 kali bunga bank)

investasi layak
investasi layak
investasi layak

Perhitungan grafik analisa investasi


Fa
Va
0% Rp
65,461,500 Rp
65,461,500 Rp
100% Rp
65,461,500 Rp
97,441,500 Rp

Ra
127,664,775
304,785,750

Sa
Rp

0 Rp
492,750,000 Rp

SDP
65,461,500
558,211,500

Grafik Analisa Investasi


Rp600,000,000

Rp500,000,000

Rp400,000,000
Fa
Va
Rp / Tahun

Ra

Rp300,000,000

Sa
SDP
Rp200,000,000

Rp100,000,000

Rp-

0%

100%
% Kapasitas

harga jual per liter


targer/ hari

2044099
8100000
11776000
639835
93460
10000
8000
6000000
80000
500000
Rp29,251,394
Rp146,257
Rp1,462,569,700