debt ratio to total asset debt to equity ratio longterm debt to equity NPM ROE

Transkripsi

1 L1 Tabel rata rata rasio dan rata rata industri Tahun current ratio asset turnover receivables turnover working capital turnover debt ratio to total asset debt to equity ratio longterm debt to equity NPM ROE ROA acid test ratio Inventory turnover GPM Operating income margin SMRA % % % 48.46% 15.56% 10.62% 5.28% 79.64% % 26.36% % % % 81.63% 7.43% 6.00% 2.59% 78.90% % 17.43% % % % 66.92% 13.97% 9.74% 3.75% 63.11% % 26.58% % % % 47.63% 13.77% 10.91% 3.80% 65.86% % 22.27% % % % 60.15% 16.62% 15.83% 4.84% 49.01% % 23.93% ASRI % % 74.44% 54.83% 6.59% 1.20% 0.68% % % 10.22% % % 73.75% 52.48% 13.51% 3.35% 1.92% % % 12.70% % % 84.30% 51.24% 23.29% 4.88% 2.64% 92.73% % 28.85% % % % 38.97% 37.96% 13.15% 6.33% 64.79% % 43.56% % % % 28.24% 43.64% 21.63% 10.03% 52.39% % 50.22% CTRP % % 12.33% 7.68% 27.23% 2.63% 2.27% % % 35.12% % % 8.10% 2.65% 57.78% 5.79% 5.17% % % 30.58% % % 6.55% 2.61% 21.99% 2.24% 2.03% % % 33.03% % % 7.54% 2.39% 43.68% 4.50% 4.06% % % 30.54% % % 20.38% 9.70% 36.05% 4.57% 3.68% % % 30.37% LPCK % % % % 6.97% 2.41% 0.86% 42.04% % 25.58% % % % % 5.12% 3.00% 1.01% 36.55% % 25.39% % % % % 7.95% 5.15% 1.66% 35.79% % 29.78% % % % % 16.14% 11.58% 3.91% 38.45% % 34.49%

2 L % % % 95.73% 28.55% 31.37% 12.62% 32.80% % 38.05% MDLN rata2 industri % % % 91.55% 11.60% 4.08% 1.73% % % 13.55% % % 77.30% 36.35% 1.15% 0.23% 0.13% 86.19% % 16.53% % % 69.65% 29.30% 0.90% 0.23% 0.13% 61.04% % 32.91% % % 82.63% 39.60% 16.85% 3.47% 1.90% 87.84% % 35.81% % % % 34.51% 20.05% 7.76% 3.82% 54.33% % 32.69% % % 101% 67% 14% 4% 2.16% 319% % 22.17% % % 97% 63% 17% 4% 2.17% 254% % 20.53% % % 106% 58% 14% 4% 2.04% 289% % 30.23% % % 116% 53% 26% 9% 4.00% 207% % 33.33% % % 123% 46% 29% 16% 7.00% 92% % 35.05%

3 L3 Tabel Analisis Vertikal Balance sheet tahun Account Kas 116,749,455, ,472,542, % 260,829,563, % Investasi pada perusahaan asosiasi 24,034,653,000 30,143,830, % 31,895,920, % Piutang usaha 97,429,897, ,790,888, % 160,882,177, % Persediaan 519,194,865, ,339,633, % 653,760,564, % Biaya di bayar dimuka 3,388,267,000 12,731,900, % 10,375,964, % Pajak di bayar dimuka 28,391,743,000 10,437,347, % 30,809,788, % Uang muka 68,566,212,000 45,676,114, % 115,419,539, % Aset lancar 857,755,092,000 1,022,592,254, % 1,263,973,515, % Aset tetap 1,208,672,487,000 1,911,609,536, % 2,255,570,475, % Aset lain lain 126,556,553,000 95,281,580, % 110,425,141, % TOTAL ASET 2,191,817,465,000 3,029,483,370, % 3,629,969,131, % Current liabilities 580,899,665, ,824,062, % 773,416,140, % Long term liabilities 634,183,927, ,438,471, % 1,280,958,683, % TOTAL LIABILITIES 1,215,083,592,000 1,518,262,533, % 2,054,374,823, % Modal saham 275,408,672, ,310,117, % 643,578,759, % Tambahan modal disetor 6,110,696, ,693,349, % 48,546,592, % Saldo laba Telah di tentukan penggunaannya 39,344,096,000 39,344,096, % 40,942,477, % Belum ditentukan penggunaannya 654,878,074, ,914,042, % 836,060,012, % TOTAL EKUITAS 975,741,538,000 1,505,261,604, % 1,569,184,346, % TOTAL EKUITAS DAN TOTAL LIABILITIES 2,191,817,465,000 3,029,483,370, % 3,629,969,131, %

4 L4 Tabel Analisis Vertikal Balance Sheet Tahun Account Kas 633,169,242, % 1,120,483,310, % 1,495,900,816, % Investasi pada perusahaan asosiasi 10,851,388, % 4,029,276, % 3,698,761, % Piutang usaha 136,159,404, % 216,974,002, % 77,041,504, % Persediaan 712,901,120, % 1,308,433,357, % 2,741,082,409, % Biaya di bayar dimuka 5,549,764, % 5,796,136, % 12,649,470, % Pajak di bayar dimuka 85,971,792, % 135,113,485, % 211,933,572, % Uang muka 129,200,350, % 468,937,425, % 223,937,375, % Aset lancar 1,713,803,060, % 3,259,766,991, % 4,766,243,907, % Aset tetap 2,634,905,625, % 2,761,504,769, % 3,078,161,594, % Aset lain lain 111,568,521, % 118,368,678, % 254,769,180, % TOTAL ASET 4,460,277,206, % 6,139,640,438, % 8,099,174,681, % Current liabilities 1,585,947,893, % 2,962,805,696, % 4,132,173,752, % Long term liabilities 1,149,531,285, % 1,019,301,314, % 1,489,900,979, % TOTAL LIABILITIES 2,735,479,178, % 3,982,107,010, % 5,622,074,731, % Modal saham 643,680,064, % 687,314,084, % 687,314,084, % Tambahan modal disetor 49,002,463, % 245,355,554, % 245,355,554, % Saldo laba Telah di tentukan penggunaannya 41,883,927, % 43,557,354, % 45,892,133, % Belum ditentukan penggunaannya 983,153,942, % 1,163,603,329, % 1,485,577,897, % TOTAL EKUITAS 1,717,776,902, % 2,139,886,827, % 2,464,196,174, % TOTAL EKUITAS DAN TOTAL LIABILITIES 4,460,277,206, % 6,139,640,438, % 8,099,174,681, %

5 L5 Tabel Analisis Vertikal Income Statement Account Pendapatan bersih 965,249,803,000 1,027,229,644, % 1,267,062,897, % Beban pokok penjualan dan beban langsung 545,681,975, ,418,447, % 756,300,539, % Laba kotor 419,567,828, ,811,197, % 510,762,358, % Beban usaha 177,627,795, ,038,521, % 289,895,603, % Laba usaha 241,940,033, ,772,676, % 220,866,755, % Beban lain-lain bersih 27,631,176,000-36,900,286, % -50,047,584, % Laba sebelum pajak penghasilan 214,308,857, ,872,390, % 170,819,171, % Beban pajak penghasilan - bersih -45,826,091,000-73,164,396, % -75,990,720, % Laba bersih 168,099,159, ,839,096, % 94,141,182, % Account Pendapatan bersih 1,197,692,629, % 1,695,443,952, % 2,359,330,713, % Beban pokok penjualan dan beban langsung 593,272,474, % 947,778,293, % 1,312,185,440, % Laba kotor 604,420,155, % 747,665,659, % 1,047,145,273, % Beban usaha 286,050,182, % 370,007,130, % 482,670,705, % Laba usaha 318,369,973, % 377,658,529, % 564,474,568, % Beban lain-lain bersih -75,373,777, % -33,747,402, % -33,558,837, % Laba sebelum pajak penghasilan 242,996,196, % 343,911,127, % 530,915,731, % Beban pajak penghasilan - bersih -74,793,208, % -109,574,488, % -142,209,087, % Laba bersih 167,342,743, % 233,477,896, % 388,706,644, %

6 L6 Tabel Analisis Horizontal Balance Sheet Account Kas 116,749,455, % 305,472,542, % 260,829,563, % Investasi pada perusahaan asosiasi 24,034,653, % 30,143,830, % 31,895,920, % Piutang usaha 97,429,897, % 223,790,888, % 160,882,177, % Persediaan 519,194,865, % 394,339,633, % 653,760,564, % Biaya di bayar dimuka 3,388,267, % 12,731,900, % 10,375,964, % Pajak di bayar dimuka 28,391,743, % 10,437,347, % 30,809,788, % Uang muka 68,566,212, % 45,676,114, % 115,419,539, % Aset lancar 857,755,092, % 1,022,592,254, % 1,263,973,515, % Aset tetap 1,208,672,487, % 1,911,609,536, % 2,255,570,475, % Aset lain lain 126,556,553, % 95,281,580, % 110,425,141, % TOTAL ASET 2,191,817,465, % 3,029,483,370, % 3,629,969,131, % Current liabilities 580,899,665, % 788,824,062, % 773,416,140, % Long term liabilities 634,183,927, % 729,438,471, % 1,280,958,683, % TOTAL LIABILITIES 1,215,083,592, % 1,518,262,533, % 2,054,374,823, % Modal saham 275,408,672, % 321,310,117, % 643,578,759, % Tambahan modal disetor 6,110,696, % 365,693,349, % 48,546,592, % Saldo laba Telah di tentukan penggunaannya 39,344,096, % 39,344,096, % 40,942,477, % Belum ditentukan penggunaannya 654,878,074, % 778,914,042, % 836,060,012, % TOTAL EKUITAS 975,741,538, % 1,505,261,604, % 1,569,184,346, % TOTAL LIABILITIES DAN TOTAL EKUITAS 2,191,817,465, % 3,029,483,370, % 3,629,969,131, %

7 L7 Tabel Analisis Horizontal Balance Sheet Account Kas 633,169,242, % 1,120,483,310, % 1,495,900,816, % Investasi pada perusahaan asosiasi 10,851,388, % 4,029,276, % 3,698,761, % Piutang usaha 136,159,404, % 216,974,002, % 77,041,504, % Persediaan 712,901,120, % 1,308,433,357, % 2,741,082,409, % Biaya di bayar dimuka 5,549,764, % 5,796,136, % 12,649,470, % Pajak di bayar dimuka 85,971,792, % 135,113,485, % 211,933,572, % Uang muka 129,200,350, % 468,937,425, % 223,937,375, % Aset lancar 1,713,803,060, % 3,259,766,991, % 4,766,243,907, % Aset tetap 2,634,905,625, % 2,761,504,769, % 3,078,161,594, % Aset lain lain 111,568,521, % 118,368,678, % 254,769,180, % TOTAL ASET 4,460,277,206, % 6,139,640,438, % 8,099,174,681, % Current liabilities 1,585,947,893, % 2,962,805,696, % 4,132,173,752, % Long term liabilities 1,149,531,285, % 1,019,301,314, % 1,489,900,979, % TOTAL LIABILITIES 2,735,479,178, % 3,982,107,010, % 5,622,074,731, % Modal saham 643,680,064, % 687,314,084, % 687,314,084, % Tambahan modal disetor 49,002,463, % 245,355,554, % 245,355,554, % Saldo laba Telah di tentukan penggunaannya 41,883,927, % 43,557,354, % 45,892,133, % Belum ditentukan penggunaannya 983,153,942, % 1,163,603,329, % 1,485,577,897, % TOTAL EKUITAS 1,717,776,902, % 2,139,886,827, % 2,464,196,174, % TOTAL LIABILITIES DAN TOTAL EKUITAS 4,460,277,206, % 6,139,640,438, % 8,099,174,681, %

8 L8 Tabel Analisis Horizontal Income Statement Account PENDAPATAN BERSIH 965,249,803, % 1,027,229,644, % 1,267,062,897, % BEBAN POKOK PENJUALAN DAN BEBAN LANGSUNG 545,681,975, % 501,418,447, % 756,300,539, % LABA KOTOR 419,567,828, % 525,811,197, % 510,762,358, % BEBAN USAHA 177,627,795, % 255,038,521, % 289,895,603, % LABA USAHA 241,940,033, % 270,772,676, % 220,866,755, % % Beban lain-lain bersih 27,631,176,000-36,900,286, % -50,047,584, % LABA SEBELUM PAJAK PENGHASILAN 214,308,857, % 233,872,390, % 170,819,171, % Beban pajak penghasilan - bersih -45,826,091, % -73,164,396, % -75,990,720, % LABA BERSIH 168,099,159, % 159,839,096, % 94,141,182, % Account PENDAPATAN BERSIH 1,197,692,629, % 1,695,443,952, % 2,359,330,713, % BEBAN POKOK PENJUALAN DAN BEBAN LANGSUNG 593,272,474, % 947,778,293, % 1,312,185,440, % LABA KOTOR 604,420,155, % 747,665,659, % 1,047,145,273, % BEBAN USAHA 286,050,182, % 370,007,130, % 482,670,705, % LABA USAHA 318,369,973, % 377,658,529, % 564,474,568, % - - Beban lain-lain bersih -75,373,777, % -33,747,402, % -33,558,837, % LABA SEBELUM PAJAK PENGHASILAN 242,996,196, % 343,911,127, % 530,915,731, % Beban pajak penghasilan - bersih -74,793,208, % -109,574,488, % -142,209,087, % LABA BERSIH 167,342,743, % 233,477,896, % 388,706,644, %

9 L9 Tabel analisis kebangkrutan PT.Alam Sutera Realty, Tbk pada tahun Altman's Bankruptcy X1 X2 X3 X4 X5 1,328,722,258,479 1,547,434,227,533 1,795,640,810,137 1,654,065,953,727 1,236,500,037,581 2,966,023,591,513 3,056,536,740,640 3,559,964,928,251 4,587,986,472,840 6,007,548,091, ,768,551,338 75,583,459, ,391,507, ,272,970, ,938,471,449 2,966,023,591,513 3,056,536,740,640 3,559,964,928,251 4,587,986,472,840 6,007,548,091, ,125,963,971 79,485,975, ,810,933, ,181,992, ,143,201,775 2,966,023,591,513 3,056,536,740,640 3,559,964,928,251 4,587,986,472,840 6,007,548,091, * * * * * ,262,527,217,240 1,294,145,712,916 1,624,836,939,293 2,371,565,533,395 3,220,676,176, ,931,687, ,324,684, ,627,361, ,213,105,542 1,381,046,263,518 2,966,023,591,513 3,056,536,740,640 3,559,964,928,251 4,587,986,472,840 6,007,548,091, Tahun Rumus Analisis Altman 0.717( X 1 ) (X 2 ) ( X 3 ) (X 4 ) (X 5 ) = T O T A L

10 L10 Tabel analisis kebangkrutan PT.Modernland Realty, Tbk pada tahun Altman's Bankruptcy X1 X2 X3 X4 X5 381,829,085, ,507,858,635 51,333,540, ,981,443,660 91,097,882,228 1,752,492,270,151 1,846,259,737,784 1,770,704,521,774 2,032,644,356,215 2,410,399,588, ,976,519, ,094,211, ,738,756, ,221,391, ,148,954,646 1,752,492,270,151 1,846,259,737,784 1,770,704,521,774 2,032,644,356,215 2,410,399,588, ,573,231,987 44,226,835,924 15,344,117,427 51,926,275, ,143,435,198 1,752,492,270,151 1,846,259,737,784 1,770,704,521,774 2,032,644,356,215 2,410,399,588, * * * * * ,008,511,002, ,896,162, ,985,490, ,590,298,255 1,223,825,378, ,697,290, ,693,519, ,137,760, ,112,613, ,015,279,045 1,752,492,270,151 1,846,259,737,784 1,770,704,521,774 2,032,644,356,215 2,410,399,588, Tahun Rumus Analisis Altman 0.717( X 1 ) (X 2 ) ( X 3 ) (X 4 ) (X 5 ) = T O T A L

11 L11 Tabel analisis kebangkrutan PT.Lippo Cikarang, Tbk pada tahun Altman's Bankruptcy X1 X2 X3 X4 X5 622,161,513, ,075,751, ,577,301, ,911,984,358 1,067,517,259,272 1,284,391,266,356 1,401,408,806,528 1,551,020,489,441 1,670,033,142,093 2,041,958,524, ,146,758,266 85,320,199, ,001,305, ,308,788, ,989,539,471 1,284,391,266,356 1,401,408,806,528 1,551,020,489,441 1,670,033,142,093 2,041,958,524, ,951,428,705 27,732,324,322 41,174,742,846 85,250,987, ,579,747,646 1,284,391,266,356 1,401,408,806,528 1,551,020,489,441 1,670,033,142,093 2,041,958,524, * * * * * ,782,847, ,622,106,033 1,052,565,442,769 1,106,266,652,673 1,220,511,284, ,771,324, ,557,519, ,158,797, ,660,239, ,455,446,998 1,284,391,266,356 1,401,408,806,528 1,551,020,489,441 1,670,033,142,093 2,041,958,524, Tahun Rumus Analisis Altman 0.717( X 1 ) (X 2 ) ( X 3 ) (X 4 ) (X 5 ) = T O T A L

12 L12 Tabel analisis kebangkrutan PT.Ciputra Realty, Tbk pada tahun Altman's Bankruptcy X1 X2 X3 X4 X5 1,532,033,672,803 1,528,970,428,225 1,430,133,925,998 1,211,575,777, ,750,965,215 3,534,026,576,831 3,625,080,672,129 3,651,888,611,993 3,823,458,770,185 4,314,646,971, ,884,658, ,423,493, ,623,845, ,638,954, ,170,033,103 3,534,026,576,831 3,625,080,672,129 3,651,888,611,993 3,823,458,770,185 4,314,646,971, ,379,278, ,843,527, ,848,770, ,968,181, ,925,822,496 3,534,026,576,831 3,625,080,672,129 3,651,888,611,993 3,823,458,770,185 4,314,646,971, * * * * * ,127,676, ,414,953, ,001,853, ,103,444, ,681,803,226 2, , , , ,243,925, ,579,967, ,414,915, ,667,588, ,841,775,753 3,534,026,576,831 3,625,080,672,129 3,651,888,611,993 3,823,458,770,185 4,314,646,971, Tahun Rumus Analisis Altman 0.717( X 1 ) (X 2 ) ( X 3 ) (X 4 ) (X 5 ) = T O T A L , ,

13 L13 Tabel analisis kebangkrutan pada PT.Summarecon Agung, Tbk pada tahun Altman's Bankruptcy ,768,192, ,557,375, ,855,167, ,961,295, ,070,155,000 X1 3,029,483,370,000 3,629,969,131,000 4,460,277,206,000 6,139,640,438,000 8,099,174,681, ,258,138, ,002,489,000 1,025,037,869,000 1,207,160,683,000 1,531,470,030,000 X2 3,029,483,370,000 3,629,969,131,000 4,460,277,206,000 6,139,640,438,000 8,099,174,681, ,872,390, ,819,171, ,996,196, ,911,127, ,915,731,000 X3 3,029,483,370,000 3,629,969,131,000 4,460,277,206,000 6,139,640,438,000 8,099,174,681, ,310,117,000 * ,578,759,000* ,680,064,000* ,314,084,000* ,314,084,000*1240 X4 1,518,262,533,000 2,054,374,823,000 2,735,479,178,000 3,982,107,010,000 5,622,074,731, ,027,229,644,000 1,267,062,897,000 1,197,692,629,000 1,695,443,952,000 2,359,330,713,000 X5 3,029,483,370,000 3,629,969,131,000 4,460,277,206,000 6,139,640,438,000 8,099,174,681, Rumus Analisis Altman Tahun 0.717( X 1 ) (X 2 ) ( X 3 ) (X 4 ) (X 5 ) = T O T A L

14 L14 Tabel Analisis Prospektif PT.Modernland Realty, Tbk (income statement ) Account 2011 Rate progress Pendapatan bersih 504,637,348, % 833,509,507,893 1,376,707,654,187 2,273,908,032,421 3,755,813,897,149 6,203,477,813,922 Beban pokok penjualan dan Beban langsung 283,013,505, ,996,640, ,405,051,830 1,140,342,024,107 1,883,502,921,217 3,110,981,774,974 Laba kotor 266,623,842, % 415,512,866, ,302,602,358 1,133,566,008,314 1,872,310,975,932 3,092,496,038,947 Beban usaha 116,591,075, % 210,719,698, ,045,725, ,867,124, ,508,029,596 1,568,302,412,483 Laba Usaha 150,032,767, ,793,168, ,256,877, ,698,883, ,802,946,336 1,524,193,626,464 Beban lain-lain bersih 33,889,331, % 21,451,648,738 35,431,688,221 58,522,519,434 96,661,645, ,656,039,623 Laba Sebelum pajak 116,143,435, ,341,520, ,825,188, ,176,364, ,141,300,987 1,364,537,586,840 Beban pajak penghasilan - bersih 24,097,695, % 96,964,285, ,155,911, ,529,518, ,923,405, ,666,388,635 Laba bersih 92,045,740,181 86,377,234, ,669,277, ,646,846, ,217,895, ,871,198,205

15 L15 Tabel Analisis Prospektif PT.Modernland Realty, Tbk (Balance sheet ) MDLN 2011 progres rate , kas 94,034,608, ,035,070,496, ,409,450,836 1,088,075,842, ,514,403, ,082,667,011 piutang usaha 258,167,729, ,140,646,984 67,952,006, ,236,329, ,380,745, ,193,376,798 persediaan 463,028,849, ,082,633, ,834,385,798 29,965,497, ,396,441, ,121,203,120 aktiva lancar lainnya 90,246,646, ,433,754, ,556,110, ,708,922, ,997,091, ,536,195,184 aset lancar 905,477,833, ,262,727,531,919 1,308,751,954,108 1,350,986,591,755 1,387,288,682,219 1,414,933,442,112 aset tetap 1,504,921,754, ,808,464,472,676 2,173,231,756,815 2,611,572,602,164 3,138,326,796,021 3,771,327,310,778 TOTAL ASET 2,410,399,588, ,071,192,004,594 3,481,983,710,923 3,962,559,193,919 4,525,615,478,239 5,186,260,752,890 current liabilities 814,379,951, ,237,857,525,678 1,363,871,421,792 1,502,713,532,531 1,655,689,770,142 1,824,238,988,743 long term liabilities 409,445,427, ,445,427, ,445,427, ,445,427, ,445,427, ,445,427,844 TOTAL LIABILITIES 1,223,825,378, ,647,302,953,522 1,773,316,849,636 1,912,158,960,375 2,065,135,197,986 2,233,684,416,587 TOTAL EQUITY 1,186,574,209, ,423,889,051,072 1,708,666,861,287 2,050,400,233,544 2,460,480,280,253 2,952,576,336,304 TOTAL LIABILITIES +TOTAL EQUITY 2,410,399,588, ,071,192,004,594 3,481,983,710,923 3,962,559,193,919 4,525,615,478,239 5,186,260,752,890 Capital expenditure % Pertumbuhan aktiva lancar lainnya % Beban pokok penjualan Current liabilities 1.52 Receivable turnover Inventory tunover 4.80 Pertumbuhan equity 1.20

16 L16 Tabel Analisis Prospektif pada PT.Alam Sutera Realty, Tbk (Income Statement ) Account 2011 progres rate Pendapatan bersih 1,381,046,263, % 1,740,118,292,033 2,192,549,047,961 2,762,611,800,431 3,480,890,868,543 4,385,922,494,364 Beban pokok penjualan dan Beban langsung 566,655,685,963 1,044,122,942,433 1,315,594,907,465 1,657,649,583,406 2,088,638,475,092 2,631,684,478,616 Laba kotor 814,390,577, % 695,995,349, ,954,140,496 1,104,962,217,025 1,392,252,393,451 1,754,238,015,748 Beban usaha 120,770,120, % 198,162,197, ,684,368, ,602,304, ,398,903, ,462,618,583 Laba Usaha 693,620,457, ,833,152, ,269,771, ,359,912, ,853,489,814 1,254,775,397,165 Beban lain-lain bersih 22,477,255, % 727,505, ,657,455 1,154,988,393 1,455,285,376 1,833,659,573 Laba Sebelum pajak 671,143,201, ,105,646, ,353,114, ,204,924, ,398,204,438 1,252,941,737,592 Beban pajak penghasilan - bersih 68,406,592, % 95,364,720, ,159,547, ,401,030, ,765,298, ,364,275,707 Laba bersih 602,736,609, ,740,925, ,193,566, ,803,893, ,632,906,258 1,012,577,461,885

17 L17 Tabel Analisis Prospektif pada PT.Alam Sutera Realty, Tbk (Balance sheet ) ASRI 2011 progres rate kas 844,906,352, ,198,528,995,847 1,059,369,640, ,659,210, ,373,868, ,897,170,664 piutang usaha 7,990,877, ,274,274,057 75,945,585,312 95,691,437, ,571,211, ,919,726,164 persediaan 2,395,213,061, ,338,619,156,965 1,686,660,137,776 2,125,191,773,598 2,677,741,634,733 3,373,954,459,764 aktiva lancar lainnya 1,274,930,646, ,532,849,116,033 1,842,944,492,207 2,215,772,162,980 2,664,022,871,551 3,202,954,698,466 aset lancar 3,670,143,708,070 4,130,271,542,903 4,664,919,855,524 5,286,314,584,149 6,008,709,586,371 6,848,726,055,058 aset tetap 2,337,404,383, ,691,754,887,595 3,099,824,928,555 3,569,758,387,724 4,110,933,759,302 4,734,151,317,213 TOTAL ASET 6,007,548,091, ,822,026,430,498 7,764,744,784,078 8,856,072,971,873 10,119,643,345,673 11,582,877,372,271 current liabilities 2,433,643,670, ,774,353,784,357 3,162,763,314,168 3,605,550,178,151 4,110,327,203,092 4,685,773,011,525 long term liabilities 787,032,506, ,032,506, ,032,506, ,032,506, ,032,506, ,032,506,316 TOTAL LIABILITIES 3,220,676,176, ,561,386,290,673 3,949,795,820,484 4,392,582,684,467 4,897,359,709,408 5,472,805,517,841 TOTAL EQUITY 2,786,871,914, ,260,640,139,825 3,814,948,963,595 4,463,490,287,406 5,222,283,636,265 6,110,071,854,430 TOTAL LIABILITIES +TOTAL EQUITY 6,007,548,091, ,822,026,430,498 7,764,744,784,078 8,856,072,971,873 10,119,643,345,673 11,582,877,372,271 capital expenditure % pertumbuhan aktiva lancar lainnya % Beban pokok penjualan Current liabilities 1.14 receivable turnover inventory tunover 0.78 pertumbuhan equity 1.17

18 L18 Tabel Analisis Prospektif pada PT.Ciputra Realty, Tbk (Income Statement ) CTRP 2011 progres rate Pendapatan bersih 439,841,775, % 486,267,077, ,592,570, ,335,469, ,067,581, ,421,068,014 Beban pokok penjualan dan Beban langsung 160,175,449, ,681,733, ,119,390, ,503,143, ,038,401, ,952,256,346 Laba kotor 279,666,326, % 311,585,344, ,473,179, ,832,325, ,029,179, ,468,811,667 Beban usaha 146,076,105, % 156,334,853, ,835,997, ,078,838, ,247,210, ,544,354,991 Laba Usaha 133,590,220, ,250,491, ,637,181, ,753,487, ,781,968, ,924,456,676 Beban lain-lain bersih -70,335,601, % 1,215,667,694 1,343,981,426 1,485,838,673 1,642,668,953 1,816,052,670 Laba Sebelum pajak 203,925,822, ,034,823, ,293,200, ,267,648, ,139,299, ,108,404,006 Beban pajak penghasilan bersih 35,367,042, % 3,327,152,192 3,678,333,124 4,066,581,206 4,495,808,875 4,970,341,527 Laba bersih 168,558,779, ,707,671, ,614,867, ,201,067, ,643,490, ,138,062,480

19 L19 Tabel Analisis Prospektif pada PT.Ciputra Realty, Tbk (Balance Sheet ) CTRP 2011 progres rate kas 868,097,298, ,738,914, ,673,991, ,281,691, ,821,795, ,314,794,902 piutang usaha 19,143,783, ,258,788,553 12,447,153,747 13,760,950,894 15,213,419,337 16,819,195,833 persediaan 3,158,313, ,043,558,636 4,470,356,272 4,942,202,401 5,463,851,892 6,040,561,489 aktiva lancar lainnya 127,138,266, ,032,417, ,973,552, ,200,309, ,926,911,322 1,564,323,257,504 aset lancar 1,017,537,662, ,137,073,678,322 1,312,565,054,155 1,571,185,153,894 1,952,425,977,807 2,513,497,809,728 aset tetap 3,297,109,308, ,697,708,089,631 4,146,979,622,521 4,650,837,646,657 5,215,914,420,726 5,849,648,022,844 TOTAL ASET 4,314,646,971, ,834,781,767,953 5,459,544,676,676 6,222,022,800,551 7,168,340,398,533 8,363,145,832,572 current liabilities 370,786,697, ,224,977, ,221,717,542 1,084,257,056,085 1,550,487,590,201 2,217,197,253,988 long term liabilities 336,895,105, ,895,105, ,895,105, ,895,105, ,895,105, ,895,105,812 TOTAL LIABILITIES 707,681,803, ,120,083,114 1,095,116,823,354 1,421,152,161,897 1,887,382,696,013 2,554,092,359,800 TOTAL EQUITY 3,606,965,168, ,967,661,684,839 4,364,427,853,322 4,800,870,638,655 5,280,957,702,520 5,809,053,472,772 TOTAL LIABILITIES +TOTAL EQUITY 4,314,646,971, ,834,781,767,953 5,459,544,676,676 6,222,022,800,551 7,168,340,398,533 8,363,145,832,572 capital expenditure % pertumbuhan aktiva lancar lainnya % beban pokok penjualan penjualan 1.43 receivable turnover inventory tunover pertumbuhan equity 1.10

20 L20 Tabel Analisis Prospektif pada PT.Lippo Cikarang Realty, Tbk ( Income statement ) Account 2011 progres rate Pendapatan bersih 902,455,446, % 1,391,126,840,083 2,144,409,335,259 3,305,587,430,744 5,095,532,873,611 7,854,717,447,363 Beban pokok penjualan dan Beban langsung 513,603,262, ,965,158,626 1,165,313,396,723 1,796,319,972,007 2,769,010,852,278 4,268,404,972,121 Laba kotor 388,852,184, % 635,161,681, ,095,938,537 1,509,267,458,737 2,326,522,021,333 3,586,312,475,242 Beban usaha 45,466,022, % 208,679,565, ,677,646, ,863,157, ,368,534,934 1,178,267,124,653 Laba Usaha 343,386,161, ,482,116, ,418,292,146 1,013,404,300,907 1,562,153,486,399 2,408,045,350,590 Beban lain-lain bersih 41,806,413, % 130,953,195, ,863,157, ,170,215, ,666,048, ,400,839,251 Laba Sebelum pajak 301,579,747, ,528,920, ,555,135, ,234,085,443 1,082,487,437,502 1,668,644,511,339 Beban pajak penghasilan bersih 43,898,996, % 85,813,317, ,280,446, ,909,101, ,324,020, ,527,610,594 Laba bersih 257,680,751, ,715,602, ,274,688, ,324,983, ,163,417,001 1,184,116,900,744

21 L21 Tabel Analisis Prospektif pada PT.Lippo Cikarang Realty, Tbk ( Balance sheet ) Account 2011 Langkah proyeksi kas 37,357,605, ,220,756, ,442,075, ,758,881,890 1,414,991,663,675 3,034,871,021,527 piutang usaha 73,997,754, ,305,711, ,422,038, ,183,241, ,564,837, ,747,222,450 persediaan 1,359,250,346, ,748,944,438,381 2,116,258,108,449 2,560,715,070,927 3,098,516,975,927 3,749,268,147,445 aktiva lancar lainnya 31,046,741, ,763,921,290 32,497,667,872 33,248,364,000 34,016,401,208 34,802,180,076 aset lancar 1,501,652,448, ,859,793,314,099 2,419,619,890,489 3,307,905,557,922 4,734,089,877,872 7,044,688,571,497 aset tetap 540,306,076, ,368,470, ,862,937, ,063,013, ,264,035, ,784,879,549 TOTAL ASSET 2,041,958,524, ,443,161,784,574 3,049,482,828,061 3,987,968,571,619 5,468,353,913,760 7,837,473,451,046 current liabilities 434,135,189, ,664,414,319 1,196,302,927,770 1,985,862,860,098 3,296,532,347,763 5,472,243,697,287 long term liabilities 786,376,094, ,376,094, ,376,094, ,376,094, ,376,094, ,376,094,924 TOTAL LIABILITIES 1,220,511,284, ,507,040,509,243 1,982,679,022,694 2,772,238,955,022 4,082,908,442,687 6,258,619,792,211 TOTAL EQUITY 821,447,240, ,121,275,331 1,066,803,805,367 1,215,729,616,596 1,385,445,471,073 1,578,853,658,835 TOTAL LIABILITIES +TOTAL EQUITY 2,041,958,524, ,443,161,784,574 3,049,482,828,061 3,987,968,571,619 5,468,353,913,760 7,837,473,451,046 capital expenditure % pertumbuhan aktiva lancar lainnya % beban pokok penjualan Current liabilities 1.66 receivable turnover inventory tunover 0.88 pertumbuhan equity 1.14

22 L22 Tabel Analisis Prospektif pada PT.Summarecon Agung, Tbk ( Income statement ) Account 2,011 proggres rate 2,012 2,013 2,014 2,015 2,016 Pendapatan bersih 2,359,330,713, % 2,854,837,833,797 3,454,411,461,849 4,179,907,666,377 5,057,772,732,751 6,120,007,200,620 Beban pokok penjualan dan Beban langsung 1,312,185,440,000 1,539,071,105,775 1,862,307,135,435 2,253,429,262,416 2,726,694,938,816 3,299,355,969,751 Laba kotor 1,047,145,273, % 1,315,766,728,022 1,592,104,326,414 1,926,478,403,962 2,331,077,793,935 2,820,651,230,869 Beban usaha 482,670,705, % 650,172,986, ,722,450, ,950,061,312 1,151,878,808,658 1,393,796,632,573 Laba Usaha 564,474,568, ,593,741, ,381,875, ,528,342,650 1,179,198,985,277 1,426,854,598,296 Beban lain-lain bersih 33,558,837, % 61,876,508,786 74,871,825,867 90,596,422, ,623,501, ,646,651,532 Laba Sebelum pajak 530,915,731, ,717,232, ,510,049, ,931,920,540 1,069,575,483,994 1,294,207,946,764 Beban pajak penghasilan - bersih 142,209,087, % 200,192,821, ,237,359, ,112,099, ,671,562, ,159,756,563 Laba bersih 388,706,644, ,524,411, ,272,690, ,819,821, ,903,921, ,048,190,201

23 L23 Tabel Analisis Prospektif pada PT.Summarecon Agung, Tbk ( Balance Sheet ) Account 2011 langkah proyeksi kas 1,495,900,816, ,730,535,451,687 2,658,478,690,094 2,523,913,560,132 2,307,106,035,439 1,983,284,788,630 piutang usaha 77,041,504, ,246,768, ,383,605, ,470,231, ,806,324, ,174,539,184 persediaan 2,741,082,409, ,637,309,686,995 1,981,177,803,654 2,397,265,172,783 2,900,739,296,613 3,509,953,159,310 aktiva lancar lainnya 452,219,178, ,110,114, ,673,290, ,702,902, ,764,132,801 1,140,349,804,587 aset lancar 4,766,243,907, ,160,202,021,807 5,594,713,389,458 6,072,351,867,700 6,595,415,789,440 7,165,762,291,711 aset tetap 3,332,930,774, ,949,189,674,113 4,679,394,844,856 5,544,614,951,670 6,569,814,256,234 7,784,572,912,211 TOTAL ASET 8,099,174,681, ,109,391,695,920 10,274,108,234,314 11,616,966,819,370 13,165,230,045,674 14,950,335,203,923 current liabilities 4,132,173,752, ,751,999,814,800 5,464,799,787,020 6,284,519,755,073 7,227,197,718,334 8,311,277,376,084 long term liabilities 1,489,900,979, ,489,900,979,000 1,489,900,979,000 1,489,900,979,000 1,489,900,979,000 1,489,900,979,000 TOTAL LIABILITIES 5,622,074,731, ,241,900,793,800 6,954,700,766,020 7,774,420,734,073 8,717,098,697,334 9,801,178,355,084 TOTAL EQUITY 2,477,099,950, ,867,490,902,120 3,319,407,468,294 3,842,546,085,297 4,448,131,348,340 5,149,156,848,839 TOTAL LIABILITIES +TOTAL EQUITY 8,099,174,681, ,109,391,695,920 10,274,108,234,314 11,616,966,819,370 13,165,230,045,674 14,950,335,203,923 capital expenditure % pertumbuhan aktiva lancar lainnya % Beban pokok penjualan current liabilities 1.15 receivable turnover inventory tunover 0.94 pertumbuhan equity 1.16