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AKUNTANSI KEUANGAN

ANALISIS LAPORAN KEUANGAN


PT. SAMPOERNA AGRO Tbk
Disusun Oleh:
Wulan Novianti
Syarifah Zulfa Alkadrie
Randi Prayoga

(11150920000060)
(11150920000084)
(11150920000086)

Balance Sheet
Million Rp except per value

11-Des

12-Des

13-Des

14-Des

15-Jun

Cash & Cash Equivalent


Receivables
Inventories
Current Asset

348.688
52.664
333.911
782.630

228.071
180.526
364.500
819.067

162.759
222.705
271.784
728.336

194.635
207.537
297.600
784.515

193.002
264.041
460.425
972.549

Fixed Asset
Other Asset

983.777
4.953

1.338.675
12.646

1.400.911
14.013

1.706.166 1.787.400
12.230
9.679

3.411.026

4.137.700
21,30%

4.512.656
9,06%

5.466.874 6.065.765
21,15%
10,95%

Current Liabilities

492.375

738.873

693.202

978.763 1.217.591

Long Term Liabilities

419.140

731.918

1.120.817

1.470.770 1.805.843

Total Liabilities
Growth(%)

911.516

1.470.791
61,36%

1.814.019
23,34%

2.449.533 3.023.434
35,03%
23,43%

Authorize Capital
Paid Up Capital
Paid Up Capital (Shares)
Per Value

1.100.000
378.000
1.890
200

1.100.000
378.000
1.890
200

1.100.000
378.000
1.890
200

1.100.000 1.100.000
378.000 378.000
1.890
1.890
200
200

Retained Earnings

1.409.436

1.573.640

1.607.715

1.919.687 1.943.099

Total Equity
Growth (%)

2.499.511

2.666.909
6,70%

2.698.637
1,59%

3.017.341 3.042.332
11,81%
0,83%

Total Asset
Growth(%)

Income Statements
Total Revenues

11-Des
3.142.379

Growth (%)

12-Des

13-Des

14-Des

2.986.237

2.560.706

-4,97%

-14,25%

26,62%

15-Jun

3.242.382 1.316.807

Cost Of Revenue

2.081.566

2.193

2.062.598

2.373.805

941.004

Gross Provit

1.060.813

793

498.108

868.577

375.803

Expenses(income)

312.061

306

261.824

295.806

163.567

Operating Provit

748.752

487

236.284

572.771

212.237

-99,94%

########

142,41%

-6276

-29

-62.469

-62.410

-58.145

Income Before Tax

742.475

457.243

173.815

510.361

154.092

Tax

192.953

120.954

53.435

160.259

52.074

Provit for period

549.523

336.289

120.380

350.102

102.018

-38,80%

-1

190,83%

329.201

119.124

340.323

98.481

549.523

336.289

120.380

350.102

102.018

329.201

119.124

340.323

98.481

Growth (%)

Other Income (expenses)

Growth (%)

Period Attributable
Comprehensive Income
Comprehensive Attributable

Analisis Common size


Vertikal

11-Des

12-Des 13-Des 14-Des 15-Jun

Cash & Cash Equivalent

10%

6%

4%

4%

3%

Current Asset

23%

78%

82%

80%

83%

Total Current Asset

33%

25%

20%

18%

19%

Fixed Asset

29%

32%

31%

31%

29%

Other

0%

0%

0%

0%

0%

Total Asset

100%

100%

100%

100%

100%

Total Revenues

100%

100%

100%

100%

100%

Cost Of Revenue

66%

0%

81%

73%

71%

Gross Provit

34%

0%

19%

27%

29%

Expenses(income)

10%

0%

10%

9%

12%

Operating Provit

24%

0%

9%

18%

16%

Income Before Tax

24%

15%

7%

16%

12%

Tax

6%

4%

2%

5%

4%

Provit for period

17%

11%

5%

11%

8%

Horizontal Analysis tahun 2011 sbg dasar

11-Des 12-Des 13-Des 14-Des 15-Jun

Cash & Cash Equivalent

100

-35%

-53%

-44%

-45%

Receivables

100

243% 323%

294%

401%

Inventories

100

9%

-19%

-11%

38%

Current Asset

100

5%

-7%

0%

24%

Fixed Asset

100

36%

42%

73%

82%

Other Asset

100

155% 183%

147%

95%

Total Asset

100

21%

32%

60%

78%

Long Term Liabilities

50%

41%

99%

147%

Total Liabilities

75%

167%

251%

331%

Current Liabilities

Analisis Indeks
Analisis indeks 2011 sbg tahun dasar

11-Des

12-Des 13-Des 14-Des 15-Jun

Cash & Cash Equivalent

100

65,41

46,68

Current Asset

100

104,66 93,06

100,24 124,27

Total Current Asset

100

92,56

86,55

Fixed Asset

100

136,08 142,40 173,43 173,43

Other Asset

100

255,32 282,92 246,92 195,42

Total Asset

100

121,30 132,30 160,27 177,83

Total Liabilities

100

161,36 199,01 268,73 331,69

Authorize Capital

100

100,00 100,00 100,00 100,00

Total Liabilities and Capital

100

161,36 199,01 268,73 331,69

78,77

55,82

55,35

103,03

Analisis Rasio Keuangan


Rasio untuk mengukur Kinerja Manajemen
1. Rasio profitabilitas

11-Des

12-Des 13-Des 14-Des 15-Jun

a. Profit margin (EAT)

17,49

11,26

4,70

10,80

7,75

b. Gross profit

0,34

0,0003 0,19

0,27

0,29

c. Return on asset (EBIT / total asset)

0,22

0,11

0,04

0,09

0,03

d. Return on equity (EAT / total equity)

0,22

0,13

0,04

0,12

0,03

0,07

0,12

0,33

0,11

0,39

0,15

0,14

0,14

0,13

0,12

2. Rasio nilai pasar


a. Price Earning Ratio (Market price per share / EPS)
b. Market to book value ratio (market price per share /
book value per share)
c. Devidend per share (cash devidend/outsatnding
comment stock)

Ukuran efisiensi operasi manajemen


1. Rasio Aktivitas

11-Des

12-Des

13-Des

14-Des 15-Jun

0,57

0,59

a. Total asset turnover (net sales / total asset)

0,92

0,72

0,22

b. Working capital turnover

10,83

37,24 72,88 -16,69 -5,37

c. Fixed asset turnover (net sales / fixed asset)

3,19

2,23

1,83

1,90

0,74

9,41

8,19

9,42

10,90

2,86

d. Receivable turnover (net sales / account receivable)


e. Inventory turnover (net sales / inventories)
f. Payable turnover (Current asset / account payable)
g. Average Collection Period

0,0068

0,0020 0,0016 0,0017 0,0014

h. Average day's inventory

0,0011

0,0010 0,0013 0,0012 0,0008

i. Average day's payable

0,0004

0,0002 0,0002 0,0001 0,0001

0,099

0,0001 0,102 0,091 0,124

0,66

0,001 0,81

2. Rasio efisiensi biaya


a. Cost efficiency (Selling, adm & gen. Exp / net sales)
b. Cost of goods sold ratio (Cost of goods sold / net
sales)
c. Operating ratio

0,73

0,71

Ukuran kebijakan keuangan


1. Rasio Leverage

11-Des

12-Des 13-Des 14-Des

15-Jun

a. Total debt to total asset ratio (total debt / total asset)

0,27

0,36

0,40

0,45

0,50

b. Total debt to total equity ratio (total debt / total equity)


c. Long term debt to equity ratio (long term debt / total
equity)

0,36

0,55

0,67

0,81

0,99

0,17

0,27

0,42

0,49

0,59

a. Current ratio (Current asset / current liabilities)


b. Quick ratio (current asset - Inventories / current
liabilities)

2,00

1,81

2,02

1,74

1,47

0,91

0,62

0,66

0,50

0,42

c. Cash ratio (Cash & bank / current liabilities)

0,71

0,31

0,23

0,20

0,16

2. Rasio Likuiditas

LAPORAN L/R
Total Revenues

3.142.379

2.986.237

2.560.706

3.242.382

1.316.807

Cost Of Revenue

2.081.566

2.193

2.062.598

2.373.805

941.004

Gross Provit

1.060.813

793

498.108

868.577

375.803

Expenses(income)

312.061

306

261.824

295.806

163.567

Operating Provit

748.752

487

236.284

572.771

212.237

Income Before Tax

742.475

457.243

173.815

510.361

154.092

Tax

192.953

120.954

53.435

160.259

52.074

Provit for period

549.523

336.289

120.380

350.102

102.018

Profit Maksimal
1.
2.
3.
4.

5.
6.
7.

PT Eagle High memiliki profit maksimal sebesar 28 % pada


tahun 2012
PT London memiliki profit maksimal sebesar 26 % pada
tahun 2011
PT Bakrie Sumatera Plantations Tbk memiliki profit
maksimal sebesar 24 % pada tahun 2010
PT Sampoerna Agro Tbk memiliki profit maksimal sebesar
17 % pada tahun 2011
PT Ausindo Tbk memiliki profit maksimal 14 % pada tahun
2011
PT Astra Agro Lestari memiliki profit maksimal sebesar 8 %
pada tahun 2011
PT Smart Tbk memiliki profit maksimal sebesar 8% pada
tahun 2011

Kesimpulan
PT. Sampoerna Agro, Tbk. Memiliki profit
maksimal sebesar 17 % pada tahun 2011
Lebih kecil profitnya dari PT Bakrie Sumatera
Plantations Tbk yang memiliki profit maksimal
sebesar 24 % pada tahun 2010
Dan lebih besar profitnya dari PT Ausindo Tbk
memiliki profit maksimal 14 % pada tahun 2011