2002
2003
2004
2005
2006
2007
2008
ar Rp 1600
ham yang dicapai lebih besar Rp 5000 maka ditambah ekstra 40%
earning per share
dividen minimal
Perhitungan
3000
1600
1250
1600
3750
1600
6250
1600
7500
1600
8125
1600
8750
1600
6875
1600
500
1000
1250
1500
750
keb dana
600000000
100% Saham
100% Obligasi
Rp 300,000,000 Rp 300,000,000
0
-90000000
Rp 300,000,000 Rp 210,000,000
Rp
90,000,000 Rp
63,000,000
Rp 210,000,000 Rp 147,000,000
Ebit
Bunga
EBT
Tax
EAT
Dividen
Laba
Rp 210,000,000 Rp 147,000,000
jumlah saham
300,000,000
90,000,000
210,000,000
36,000,000
174,000,000