Lampiran-11A

Perhitungan Parameter
Kelayakan Investasi Galangan
Rp

RAB Slipway
Interest Rate
Periode Proyek-Tahun
Tax
Perkiraan Annual Revenue
Biaya Operasional (60% Revenue)
Earnings

Year
0
1
2
3
4
5
6
7
8
9
10

Net Cash Flow

Investment
Netcash-1
Netcash-2
Netcash-3
Netcash-4
Netcash-5
Netcash-6
Netcash-7
Netcash-8
Netcash-9
Netcash-10

30,424,321,092
6.5%
Depresiasi/tahun Rp 3,042,432,109
10
EBT per Tahun Rp 8,717,567,891
35%
EAT per Tahun Rp 5,666,419,129
29,400,000,000
Procced/Year Rp 8,708,851,238
17,640,000,000 Saving per Tahun Rp 1,130,553,331
11,760,000,000

Rp
Rp
Rp

Amount

Disc.
Factor

Rp (30,424,321,092)
Rp 9,839,404,569 0.9390
Rp 9,839,404,569 0.8817
Rp 9,839,404,569 0.8278
Rp 9,839,404,569 0.7773
Rp 9,839,404,569 0.7299
Rp 9,839,404,569 0.6853
Rp 9,839,404,569 0.6435
Rp 9,839,404,569 0.6042
Rp 9,839,404,569 0.5674
Rp 9,839,404,569 0.5327

NPV
Investment Case:
Payback Period, years
Profitability Index
Internal Rate of Return
Investment Case:

PV Net
Cash

Cumul.
PV

9,238,877,530
8,675,002,376
8,145,542,137
7,648,396,372
7,181,592,838
6,743,279,660
6,331,717,991
5,945,275,109
5,582,417,942
5,241,706,988

9,238,877,530
17,913,879,906
26,059,422,042
33,707,818,415
40,889,411,253
47,632,690,913
53,964,408,904
59,909,684,012
65,492,101,955
70,733,808,943

40,309,487,851
JUSTIFIED
3.57
2.32
29.99%
JUSTIFIED

Delta

(21,185,443,562)
(12,510,441,186)
(4,364,899,050)
3,283,497,323
10,465,090,161
17,208,369,821
23,540,087,812
29,485,362,920
35,067,780,863
40,309,487,851
3
3.57