2 Data Ada MLR

NO SEKTOR SUBSEKTOR KODE
1 Sektor 3 Semen SMCB

2 SMCB
3 1 SMCB
4 2 INTP
5 INTP
6 INTP
7 Keramik, porselin, kaca AMFG
8 3 AMFG
9 AMFG
10 4 TOTO
11 TOTO
12 TOTO
13 Logam & sejenisnya ALMI
14 5 ALMI
15 ALMI
16 6 LMSH
17 LMSH
18 LMSH
19 7 ALKA
20 ALKA
21 ALKA
22 GDST
23 8 GDST
24 GDST
25 INAI
26 9 INAI
27 INAI
28 PICO
29 10 PICO
30 PICO
31 11 BAJA
32 BAJA
33 Kimia DPNS
34 12 DPNS
35 DPNS
36 EKAD
37 13 EKAD
38 EKAD
39 Plastik & kemasan BRNA
40 14 BRNA
41 BRNA
42 IGAR
43 15 IGAR
44 IGAR
45 Pakan ternak CPIN
46 16 CPIN
47 CPIN
48 SIPD
49 17 SIPD
50 SIPD
51 Pulp & kertas FASW
52 18 FASW
53 FASW
54 19 KBRI
55 KBRI
56 KBRI
57 20 SPMA
58 SPMA
59 SPMA
60 Sektor 4 Mesin & alat berat KRAH
61 21 KRAH
62 KRAH
63 Otomotif & komponen AUTO
64 22 AUTO
65 AUTO
66 ASII
67 23 ASII
68 ASII
69 IMAS
70 24 IMAS
71 IMAS
72 INDS
73 25 INDS
74 INDS
75 NIPS
76 26 NIPS
77 NIPS
78 27 SMSM
79 SMSM
80 SMSM
81 Tekstil & garment RICY
82 28 RICY
83 RICY
84 SSTM
85 29 SSTM
86 SSTM
87 Alas kaki BIMA
88 30 BIMA
89 BIMA
90 Kabel KBLI
91 KBLI
92 31 KBLI
93 Sektor 5 Makanan & minuman MYOR
94 32 MYOR
95 MYOR
96 INDF
97 33 INDF
98 INDF
99 AISA
100 34 AISA
101 AISA
102 35 ULTJ
103 ULTJ
104 ULTJ
105 Farmasi TSPC
106 36 TSPC
107 TSPC
108 KLBF
109 37 KLBF
110 KLBF
111 KAEF
112 38 KAEF
113 KAEF
114 MERK
115 39 MERK
116 MERK
117 Kosmetik MBTO
118 40 MBTO
119 MBTO
120 UNVR
121 41 UNVR
122 UNVR
123 ADES
124 42 ADES
125 ADES
126 TCID
127 43 TCID
128 TCID
VARIABLE Y
Abnormal Cash Flow Operation (ACFO)
NAMA PERUSAHAAN TAHUN
Holcim Indonesia 2015
Indocement Tunggal Prakasa 2015
Asahimas Flat Glass 2015
Surya Toto Indonesia 2015
Alumindo Light Metal Industry 2015
Lionmesh Prima 2015
Lionmesh Prima 2016
Lionmesh Prima 2017
Alaska Industrindo Tbk 2015
Gunawan Dianjaya Steel 2015
Indal Aluminium Industry 2015
Pelangi Indah Canindo 2015
Saranacentral Bajatama 2016
Saranacentral Bajatama 2017
Duta Pertiwi Nusantara 2015
Ekadharma International 2015
Berlina 2015
Berlina 2016
Berlina 2017
Champion Pasific Indonesia 2015
Charoen Pokphand Indonesia 2015
Siearad Produce 2015
Fajar Surya Wisesa 2015
Kertas Basuki Rachmat Indonesia 2015
Suparma 2015
Suparma 2016
Suparma 2017
Grand Kartech 2015
Grand Kartech 2016
Grand Kartech 2017
Astra Auto Part 2015
Astra International 2015
Indomobil Sukses International 2015
Indospring 2015
Indospring 2016
Indospring 2017
Nippres 2015
Nippres 2016
Nippres 2017
Selamat Sempurna 2015
Ricky Putra Globalindo 2015
Sunson Textile Manufacturer 2015
Primarindo Asia Infrastructure 2015
KMI Wire and Cable 2015
Mayora Indah 2015
Mayora Indah 2016
Mayora Indah 2017
Indofood Sukses Makmur 2015
Tiga Pilar Sejahtera Food 2015
Ultrajaya Milk Industry and Trading Company 2015
Tempo Scan Pasific 2015
Kalbe Farma 2015
Kalbe Farma 2016
Kalbe Farma 2017
Kimia Farma 2015
Kimia Farma 2016
Kimia Farma 2017
Merck 2015
Merck 2016
Merck 2017
Martina Berto 2015
Martina Berto 2016
Martina Berto 2017
Unilever Indonesia 2015
Akasha Wira International 2015
Mandom Indonesia 2015
VARIABLE Y
Abnormal Production Costs (APC) Abnormal Discretionary Expenses (ADEXP) Manajemen Laba Riil (MLR)
VARIABLE X
EFETIVITAS KOMITE AUDIT STRUKTUR KEPEMILIKAN
Independensi Komite Audit (ACINDP) Frekuensi Pertemuan Komite Audit (ACMEET) Kepemilikan Institusional
TRUKTUR KEPEMILIKAN UKURAN PERUSAHAAN
Kepemilikan Managerial
NO KODE TAHUN Independensi Komite Audit (ACINDP) jmlh rapat dalam 1 thn
1 SMCB 2015 100% 6
2 INTP 2015 100% 4
3 AMFG 2015 100% 15
4 TOTO 2015 100% 12
5 ALMI 2015 100% 4
6 LMSH 2015 100% 4
7 ALKA 2015 100% 4
8 GDST 2015 100% 5
9 INAI 2015 100% 4
10 PICO 2015 100% 9
11 BAJA 2015 100% 6
12 DPNS 2015 100% 4
13 EKAD 2015 100% 6
14 BRNA 2015 100% 4
15 IGAR 2015 100% 4
16 CPIN 2015 100% 33
17 SIPD 2015 100% 4
18 FASW 2015 100% 14
19 KBRI 2015 100% 4
20 SPMA 2015 100% 6
21 KRAH 2015 100% 4
22 AUTO 2015 100% 6
23 ASII 2015 100% 9
24 IMAS 2015 100% 6
25 INDS 2015 100% 4
26 NIPS 2015 100% 4
27 SMSM 2015 100% 4
28 RICY 2015 100% 22
29 SSTM 2015 100% 4
30 BIMA 2015 100% 8
31 KBLI 2015 100% 4
32 MYOR 2015 100% 7
33 INDF 2015 100% 6
34 AISA 2015 100% 4
35 ULTJ 2015 100% 4
36 TSPC 2015 100% 4
37 KLBF 2015 100% 4
38 KAEF 2015 100% 4
39 MERK 2015 100% 4
40 MBTO 2015 100% 46
41 UNVR 2015 100% 4
42 ADES 2015 100% 4
43 TCID 2015 100% 14
44 SMCB 2016 100% 5
45 INTP 2016 100% 4
46 AMFG 2016 100% 12
47 TOTO 2016 100% 12
48 ALMI 2016 100% 3
49 LMSH 2016 100% 4
50 ALKA 2016 100% 4
51 GDST 2016 100% 5
52 INAI 2016 100% 4
53 PICO 2016 100% 4
54 BAJA 2016 100% 6
55 DPNS 2016 100% 4
56 EKAD 2016 100% 6
57 BRNA 2016 100% 4
58 IGAR 2016 100% 4
59 CPIN 2016 100% 31
60 SIPD 2016 100% 4
61 FASW 2016 100% 14
62 KBRI 2016 100% 4
63 SPMA 2016 100% 6
64 KRAH 2016 100% 4
65 AUTO 2016 100% 7
66 ASII 2016 100% 7
67 IMAS 2016 100% 5
68 INDS 2016 100% 4
69 NIPS 2016 100% 4
70 SMSM 2016 100% 5
71 RICY 2016 100% 22
72 SSTM 2016 100% 6
73 BIMA 2016 100% 8
74 KBLI 2016 100% 4
75 MYOR 2016 100% 5
76 INDF 2016 100% 8
77 AISA 2016 100% 4
78 ULTJ 2016 100% 4
79 TSPC 2016 100% 4
80 KLBF 2016 100% 4
81 KAEF 2016 100% 4
82 MERK 2016 100% 4
83 MBTO 2016 100% 20
84 UNVR 2016 100% 4
85 ADES 2016 100% 2
86 TCID 2016 100% 13
87 SMCB 2017 100% 5
88 INTP 2017 100% 4
89 AMFG 2017 100% 13
90 TOTO 2017 100% 12
91 ALMI 2017 100% 4
92 LMSH 2017 100% 4
93 ALKA 2017 100% 4
94 GDST 2017 100% 4
95 INAI 2017 100% 4
96 PICO 2017 100% 6
97 BAJA 2017 100% 4
98 DPNS 2017 100% 4
99 EKAD 2017 100% 8
100 BRNA 2017 100% 4
101 IGAR 2017 100% 4
102 CPIN 2017 100% 32
103 SIPD 2017 100% 5
104 FASW 2017 100% 14
105 KBRI 2017 100% 4
106 SPMA 2017 100% 7
107 KRAH 2017 100% 4
108 AUTO 2017 100% 7
109 ASII 2017 100% 7
110 IMAS 2017 100% 5
111 INDS 2017 100% 4
112 NIPS 2017 100% 4
113 SMSM 2017 100% 7
114 RICY 2017 100% 22
115 SSTM 2017 100% 8
116 BIMA 2017 100% 8
117 KBLI 2017 100% 4
118 MYOR 2017 100% 6
119 INDF 2017 100% 7
120 AISA 2017 100% 4
121 ULTJ 2017 100% 4
122 INAF 2017 100% 4
123 KLBF 2017 100% 4
124 KAEF 2017 100% 4
125 MERK 2017 100% 4
126 MBTO 2017 100% 20
127 UNVR 2017 100% 4
128 ADES 2017 100% 3
129 TCID 2017 100% 12
1 = Sangat Jarang ( < 4 pertemuan dlm 1 thn )
2 = Jarang ( 4 - 6 pertemuan dlm 1 thn )
3 = Cukup Sering ( 7 - 10 pertemuan dlm 1 thn )
4 = Sering ( ≥ 10 pertemuan dlm 1 thn )
Frekuensi Pertemuan Komite Audit (ACMEET) Kepemilikan Institusional Kepemilikan Managerial
2 80.64% 0
2 64.03% 0
4 84.82% 0
4 94.20% 0
2 76.48% 1.53%
2 32.22% 11.49%
2 94.92% 0
2 97.99% 0.01%
2 67.25% 0
3 94.01% 0.03%
2 0 57.48%
2 51.18% 5.71%
2 75.45% 0
2 53.02% 0
2 84.82% 0
4 55.53% 0
2 57.27% 0
4 74.91% 0
2 75% 0
2 78.13% 0
2 83.15% 0.01%
2 80% 0
3 50.11% 0
2 89.66% 0
2 88.11% 0.03%
2 62.90% 0
2 58.13% 5.68%
4 48% 0
2 70% 1%
3 88.96% 0
2 57.52% 0
3 32.93% 0
2 50.07% 0.02%
2 63.02% 0
2 44.52% 17.91%
2 78.16% 0
2 56.68% 0
2 90.03% 0
2 86.65% 0
4 67.75% 0.10%
2 85% 0
2 91.94% 0
4 73.77% 0.01%
2 95.50% 0
2 51% 0
4 84.82% 0
4 92.36% 0
1 76.48% 1.53%
2 32.22% 10.56%
2 90.83% 0
2 10.68% 0.01%
2 67.25% 0
2 94.01% 0.03%
2 0 57.48%
2 51.18% 5.71%
2 75.45% 0
2 54.57% 0
2 84.82% 0
4 55.53% 0
2 84.22% 0
4 85.77% 4.31%
2 75% 0
2 75.64% 0
2 83.15% 0.001%
3 80% 0
3 50.11% 0
2 89.66% 0
2 88.11% 0.03%
2 59.59% 0
2 58.13% 5.69%
4 48.04% 0
2 41% 1%
3 91.48% 0
2 58.52% 0
2 59.07% 0
3 50.07% 0.02%
2 63.05% 0
2 44.52% 11.49%
2 78.42% 0
2 56.50% 0
2 90.03% 0
2 92.99% 0
4 67.75% 0.08%
2 85% 0
1 91.52% 0
4 73.77% 0.01%
2 80.64% 0
2 51% 0
4 84.83% 0
4 92.36% 0
2 76.48% 1.59%
2 32.22% 10.29%
2 93.07% 0
2 10.68% 0.01%
2 67.27% 0
2 94.01% 0.03%
2 0 57.48%
2 51.18% 5.71%
3 76.81% 0
2 54.57% 0
2 84.82% 0
4 53.02% 0
2 85.24% 0
4 86.21% 4.31%
2 75% 0
3 83.44% 0
2 83.15% 0.001%
3 80% 0
3 50.11% 0
2 89.66% 0
2 88.11% 0.03%
2 50.36% 0
3 58.13% 5.69%
4 48.04% 0
3 41% 1%
3 92.50% 0
2 55.07% 0
2 59.07% 0
3 50.07% 0.02%
2 62.38% 0
2 36.86% 33.85%
2 78.92% 0
2 56.77% 0
2 90.03% 0
2 92.88% 0
4 67.75% 0.08%
2 85% 0
1 91.52% 0
4 73.82% 0.01%
aset total thn skrg
At Ukuran Perusahaan MLR
Rp 17,321,565 16.67
Rp 27,638,360 17.13
Rp 4,270,275 15.27
Rp 2,439,540 14.71
Rp 2,189,037 14.60
Rp 133,782 11.80
Rp 144,628 11.88
Rp 1,183,934 13.98
Rp 1,330,259 14.10
Rp 605,788 13.31
Rp 948,682 13.76
Rp 274,483 12.52
Rp 389,691 12.87
Rp 584,029 13.28
Rp 383,936 12.86
Rp 24,684,915 17.02
Rp 2,246,770 14.63
Rp 6,993,634 15.76
Rp 1,455,931 14.19
Rp 2,185,464 14.60
Rp 533,537 13.19
Rp 14,339,110 16.48
Rp 245,435,000 19.32
Rp 24,860,957 17.03
Rp 2,553,928 14.75
Rp 1,547,720 14.25
Rp 2,220,108 14.61
Rp 1,198,193 14.00
Rp 721,884 13.49
Rp 99,558 11.51
Rp 1,551,799 14.25
Rp 11,342,715 16.24
Rp 91,831,526 18.34
Rp 9,060,979 16.02
Rp 3,539,995 15.08
Rp 6,284,729 15.65
Rp 13,696,417 16.43
Rp 3,434,879 15.05
Rp 641,646 13.37
Rp 648,899 13.38
Rp 15,729,945 16.57
Rp 653,224 13.39
Rp 2,082,096 14.55
Rp 19,763,133 16.80
Rp 30,150,580 17.22
Rp 5,504,890 15.52
Rp 2,581,440 14.76
Rp 2,153,030 14.58
Rp 162,828 12.00
Rp 136,618 11.82
Rp 1,257,609 14.04
Rp 1,339,032 14.11
Rp 638,566 13.37
Rp 982,626 13.80
Rp 296,129 12.60
Rp 702,508 13.46
Rp 2,088,696 14.55
Rp 439,465 12.99
Rp 24,204,994 17.00
Rp 2,567,211 14.76
Rp 8,583,223 15.97
Rp 1,263,726 14.05
Rp 2,158,852 14.59
Rp 598,711 13.30
Rp 14,612,274 16.50
Rp 261,855,000 19.38
Rp 25,633,342 17.06
Rp 2,477,272 14.72
Rp 1,777,956 14.39
Rp 2,254,740 14.63
Rp 1,288,683 14.07
Rp 670,963 13.42
Rp 92,041 11.43
Rp 1,871,422 14.44
Rp 12,922,421 16.37
Rp 82,174,515 18.22
Rp 9,254,539 16.04
Rp 4,239,199 15.26
Rp 6,585,807 15.70
Rp 15,226,009 16.54
Rp 4,612,562 15.34
Rp 743,934 13.52
Rp 709,959 13.47
Rp 16,745,695 16.63
Rp 767,479 13.55
Rp 2,185,101 14.60
Rp 19,626,403 16.79
Rp 28,863,676 17.18
Rp 6,267,816 15.65
Rp 2,826,490 14.85
Rp 2,376,281 14.68
Rp 161,163 11.99
Rp 305,208 12.63
Rp 1,286,954 14.07
Rp 1,213,916 14.01
Rp 720,238 13.49
Rp 946,448 13.76
Rp 308,491 12.64
Rp 796,767 13.59
Rp 1,964,877 14.49
Rp 513,022 13.15
Rp 24,522,593 17.02
Rp 2,239,699 14.62
Rp 9,369,891 16.05
Rp 1,171,234 13.97
Rp 2,175,660 14.59
Rp 645,953 13.38
Rp 14,762,309 16.51
Rp 295,646,000 19.50
Rp 31,375,311 17.26
Rp 2,434,617 14.71
Rp 1,897,962 14.46
Rp 2,443,341 14.71
Rp 1,374,444 14.13
Rp 605,643 13.31
Rp 89,327 11.40
Rp 3,013,760 14.92
Rp 14,915,849 16.52
Rp 87,939,488 18.29
Rp 8,724,734 15.98
Rp 5,186,940 15.46
Rp 7,434,900 15.82
Rp 16,616,239 16.63
Rp 6,096,148 15.62
Rp 847,006 13.65
Rp 780,669 13.57
Rp 18,906,413 16.76
Rp 840,236 13.64
Rp 2,361,807 14.67
NO KODE TAHUN jmlh rapat dal Frekuensi Pe Kepemilikan IKepemilikan At Ukuran Perusahaan
42 ADES 2015 4.0 2.00 0.919 0.00 Rp 653,224 13.39
85 ADES 2016 2.0 1.00 0.915 0.00 Rp 767,479 13.55
128 ADES 2017 3.0 1.00 0.915 0.00 Rp 840,236 13.64
34 AISA 2015 4.0 2.00 0.630 0.00 Rp 9,060,979 16.02
77 AISA 2016 4.0 2.00 0.631 0.00 Rp 9,254,539 16.04
120 AISA 2017 4.0 2.00 0.624 0.00 Rp 8,724,734 15.98
7 ALKA 2015 4.0 2.00 0.949 0.00 Rp 144,628 11.88
50 ALKA 2016 4.0 2.00 0.908 0.00 Rp 136,618 11.82
93 ALKA 2017 4.0 2.00 0.931 0.00 Rp 305,208 12.63
5 ALMI 2015 4.0 2.00 0.765 0.02 Rp 2,189,037 14.60
48 ALMI 2016 3.0 1.00 0.765 0.02 Rp 2,153,030 14.58
91 ALMI 2017 4.0 2.00 0.765 0.02 Rp 2,376,281 14.68
3 AMFG 2015 15.0 4.00 0.848 0.00 Rp 4,270,275 15.27
46 AMFG 2016 12.0 4.00 0.848 0.00 Rp 5,504,890 15.52
89 AMFG 2017 13.0 4.00 0.848 0.00 Rp 6,267,816 15.65
23 ASII 2015 9.0 3.00 0.501 0.00 Rp 245,435,000 19.32
66 ASII 2016 7.0 3.00 0.501 0.00 Rp 261,855,000 19.38
109 ASII 2017 7.0 3.00 0.501 0.00 Rp 295,646,000 19.50
22 AUTO 2015 6.0 2.00 0.800 0.00 Rp 14,339,110 16.48
65 AUTO 2016 7.0 3.00 0.800 0.00 Rp 14,612,274 16.50
108 AUTO 2017 7.0 3.00 0.800 0.00 Rp 14,762,309 16.51
30 BIMA 2015 8.0 3.00 0.890 0.00 Rp 99,558 11.51
73 BIMA 2016 8.0 3.00 0.915 0.00 Rp 92,041 11.43
116 BIMA 2017 8.0 3.00 0.925 0.00 Rp 89,327 11.40
14 BRNA 2015 4.0 2.00 0.530 0.00 Rp 584,029 13.28
57 BRNA 2016 4.0 2.00 0.546 0.00 Rp 2,088,696 14.55
100 BRNA 2017 4.0 2.00 0.546 0.00 Rp 1,964,877 14.49
16 CPIN 2015 33.0 4.00 0.555 0.00 Rp 24,684,915 17.02
59 CPIN 2016 31.0 4.00 0.555 0.00 Rp 24,204,994 17.00
102 CPIN 2017 32.0 4.00 0.530 0.00 Rp 24,522,593 17.02
12 DPNS 2015 4.0 2.00 0.512 0.06 Rp 274,483 12.52
55 DPNS 2016 4.0 2.00 0.512 0.06 Rp 296,129 12.60
98 DPNS 2017 4.0 2.00 0.512 0.06 Rp 308,491 12.64
13 EKAD 2015 6.0 2.00 0.755 0.00 Rp 389,691 12.87
56 EKAD 2016 6.0 2.00 0.755 0.00 Rp 702,508 13.46
99 EKAD 2017 8.0 3.00 0.768 0.00 Rp 796,767 13.59
18 FASW 2015 14.0 4.00 0.749 0.00 Rp 6,993,634 15.76
61 FASW 2016 14.0 4.00 0.858 0.04 Rp 8,583,223 15.97
104 FASW 2017 14.0 4.00 0.862 0.04 Rp 9,369,891 16.05
8 GDST 2015 5.0 2.00 0.980 0.00 Rp 1,183,934 13.98
51 GDST 2016 5.0 2.00 0.107 0.00 Rp 1,257,609 14.04
94 GDST 2017 4.0 2.00 0.107 0.00 Rp 1,286,954 14.07
15 IGAR 2015 4.0 2.00 0.848 0.00 Rp 383,936 12.86
58 IGAR 2016 4.0 2.00 0.848 0.00 Rp 439,465 12.99
101 IGAR 2017 4.0 2.00 0.848 0.00 Rp 513,022 13.15
24 IMAS 2015 6.0 2.00 0.897 0.00 Rp 24,860,957 17.03
67 IMAS 2016 5.0 2.00 0.897 0.00 Rp 25,633,342 17.06
110 IMAS 2017 5.0 2.00 0.897 0.00 Rp 31,375,311 17.26
122 INAF 2017 4.0 2.00 0.789 0.00 Rp 7,434,900 15.82
9 INAI 2015 4.0 2.00 0.673 0.00 Rp 1,330,259 14.10
52 INAI 2016 4.0 2.00 0.673 0.00 Rp 1,339,032 14.11
95 INAI 2017 4.0 2.00 0.673 0.00 Rp 1,213,916 14.01
33 INDF 2015 6.0 2.00 0.501 0.00 Rp 91,831,526 18.34
76 INDF 2016 8.0 3.00 0.501 0.00 Rp 82,174,515 18.22
119 INDF 2017 7.0 3.00 0.501 0.00 Rp 87,939,488 18.29
25 INDS 2015 4.0 2.00 0.881 0.00 Rp 2,553,928 14.75
68 INDS 2016 4.0 2.00 0.881 0.00 Rp 2,477,272 14.72
111 INDS 2017 4.0 2.00 0.881 0.00 Rp 2,434,617 14.71
2 INTP 2015 4.0 2.00 0.640 0.00 Rp 27,638,360 17.13
45 INTP 2016 4.0 2.00 0.510 0.00 Rp 30,150,580 17.22
88 INTP 2017 4.0 2.00 0.510 0.00 Rp 28,863,676 17.18
38 KAEF 2015 4.0 2.00 0.900 0.00 Rp 3,434,879 15.05
81 KAEF 2016 4.0 2.00 0.900 0.00 Rp 4,612,562 15.34
124 KAEF 2017 4.0 2.00 0.900 0.00 Rp 6,096,148 15.62
31 KBLI 2015 4.0 2.00 0.575 0.00 Rp 1,551,799 14.25
74 KBLI 2016 4.0 2.00 0.585 0.00 Rp 1,871,422 14.44
117 KBLI 2017 4.0 2.00 0.551 0.00 Rp 3,013,760 14.92
19 KBRI 2015 4.0 2.00 0.750 0.00 Rp 1,455,931 14.19
62 KBRI 2016 4.0 2.00 0.750 0.00 Rp 1,263,726 14.05
105 KBRI 2017 4.0 2.00 0.750 0.00 Rp 1,171,234 13.97
37 KLBF 2015 4.0 2.00 0.567 0.00 Rp 13,696,417 16.43
80 KLBF 2016 4.0 2.00 0.565 0.00 Rp 15,226,009 16.54
123 KLBF 2017 4.0 2.00 0.568 0.00 Rp 16,616,239 16.63
21 KRAH 2015 4.0 2.00 0.832 0.00 Rp 533,537 13.19
64 KRAH 2016 4.0 2.00 0.832 0.00 Rp 598,711 13.30
107 KRAH 2017 4.0 2.00 0.832 0.00 Rp 645,953 13.38
6 LMSH 2015 4.0 2.00 0.322 0.11 Rp 133,782 11.80
49 LMSH 2016 4.0 2.00 0.322 0.11 Rp 162,828 12.00
92 LMSH 2017 4.0 2.00 0.322 0.10 Rp 161,163 11.99
40 MBTO 2015 46.0 4.00 0.678 0.00 Rp 648,899 13.38
83 MBTO 2016 20.0 4.00 0.678 0.00 Rp 709,959 13.47
126 MBTO 2017 20.0 4.00 0.678 0.00 Rp 780,669 13.57
39 MERK 2015 4.0 2.00 0.867 0.00 Rp 641,646 13.37
82 MERK 2016 4.0 2.00 0.930 0.00 Rp 743,934 13.52
125 MERK 2017 4.0 2.00 0.929 0.00 Rp 847,006 13.65
32 MYOR 2015 7.0 3.00 0.329 0.00 Rp 11,342,715 16.24
75 MYOR 2016 5.0 2.00 0.591 0.00 Rp 12,922,421 16.37
118 MYOR 2017 6.0 2.00 0.591 0.00 Rp 14,915,849 16.52
26 NIPS 2015 4.0 2.00 0.629 0.00 Rp 1,547,720 14.25
69 NIPS 2016 4.0 2.00 0.596 0.00 Rp 1,777,956 14.39
112 NIPS 2017 4.0 2.00 0.504 0.00 Rp 1,897,962 14.46
10 PICO 2015 9.0 3.00 0.940 0.00 Rp 605,788 13.31
53 PICO 2016 4.0 2.00 0.940 0.00 Rp 638,566 13.37
96 PICO 2017 6.0 2.00 0.940 0.00 Rp 720,238 13.49
28 RICY 2015 22.0 4.00 0.480 0.00 Rp 1,198,193 14.00
71 RICY 2016 22.0 4.00 0.480 0.00 Rp 1,288,683 14.07
114 RICY 2017 22.0 4.00 0.480 0.00 Rp 1,374,444 14.13
1 SMCB 2015 6.0 2.00 0.81 0.00 Rp 17,321,565 16.67
44 SMCB 2016 5.0 2.00 0.955 0.00 Rp 19,763,133 16.80
87 SMCB 2017 5.0 2.00 0.806 0.00 Rp 19,626,403 16.79
27 SMSM 2015 4.0 2.00 0.581 0.06 Rp 2,220,108 14.61
70 SMSM 2016 5.0 2.00 0.581 0.06 Rp 2,254,740 14.63
113 SMSM 2017 7.0 3.00 0.581 0.06 Rp 2,443,341 14.71
20 SPMA 2015 6.0 2.00 0.781 0.00 Rp 2,185,464 14.60
63 SPMA 2016 6.0 2.00 0.756 0.00 Rp 2,158,852 14.59
106 SPMA 2017 7.0 3.00 0.834 0.00 Rp 2,175,660 14.59
29 SSTM 2015 4.0 2.00 0.700 0.01 Rp 721,884 13.49
72 SSTM 2016 6.0 2.00 0.410 0.01 Rp 670,963 13.42
115 SSTM 2017 8.0 3.00 0.410 0.01 Rp 605,643 13.31
43 TCID 2015 14.0 4.00 0.738 0.00 Rp 2,082,096 14.55
86 TCID 2016 13.0 4.00 0.738 0.00 Rp 2,185,101 14.60
129 TCID 2017 12.0 4.00 0.738 0.00 Rp 2,361,807 14.67
4 TOTO 2015 12.0 4.00 0.942 0.00 Rp 2,439,540 14.71
47 TOTO 2016 12.0 4.00 0.924 0.00 Rp 2,581,440 14.76
90 TOTO 2017 12.0 4.00 0.924 0.00 Rp 2,826,490 14.85
36 TSPC 2015 4.0 2.00 0.782 0.00 Rp 6,284,729 15.65
79 TSPC 2016 4.0 2.00 0.784 0.00 Rp 6,585,807 15.70
35 ULTJ 2015 4.0 2.00 0.445 0.18 Rp 3,539,995 15.08
78 ULTJ 2016 4.0 2.00 0.445 0.11 Rp 4,239,199 15.26
121 ULTJ 2017 4.0 2.00 0.369 0.34 Rp 5,186,940 15.46
41 UNVR 2015 4.0 2.00 0.850 0.00 Rp 15,729,945 16.57
84 UNVR 2016 4.0 2.00 0.850 0.00 Rp 16,745,695 16.63
127 UNVR 2017 4.0 2.00 0.850 0.00 Rp 18,906,413 16.76
4 = Sering ( ≥ 10 pertemuan dlm aset
1 thntotal
) thn skrg
MLR
0.018893716
0.1608869698
0.0860302621
-0.5871103154
-0.489814376
-0.4555281043
-0.858533908
0.2829116424
-0.3160383799
-0.4492406367
-1.2659979237
-1.765132445
-0.6380951997
-0.6106379425
-0.5604976281
-0.5944717658
-0.5679183776
-0.5982900679
-0.5087943103
-0.4947073497
-0.5600336448
0.0390710002
0.2574352767
0.5309057409
-1.2693778283
-1.6830851565
-0.5445335918
-1.11068363
-0.9150745629
-1.2839258513
0.1635350831
0.209407734
0.1400289734
-0.3490945591
-0.454304405
-0.4486427298
-0.9161881146
-0.3735075314
-0.5975247719
-0.5631469771
-0.3722541494
24.23233407
-1.3279879574
-1.3474802732
-1.1927811049
0.0170543188
1.010178688
-0.0028355278
-0.0988501266
-1.1305082339
-0.9660158384
-0.5891388258
-0.4263013759
-0.3679595003
-0.4506533342
-0.6347147905
-0.4380462889
-0.435515922
-0.2405172127
-0.1764230722
-0.1787071239
0.0508382925
0.1228555844
0.0228036773
-1.7305481298
-1.2533531566
-1.6442665961
-0.0044784797
0.0777137555
0.0553339927
0.0676725621
0.044431079
0.0006324343
-0.2945280614
-0.1377759351
-0.2299482678
-0.6028991908
-0.3553458726
-0.4830292897
0.0442153239
0.038196853
0.0438985228
0.2926393137
-0.1143614491
0.1501580966
-0.7360662249
-1.0816252963
-1.0755804881
-0.773818241
-0.5348431602
-0.4720461404
-0.8461249395
-0.9716026255
-0.9670118312
-0.4000585336
-0.4585206462
-0.5183190559
-0.4026609329
-0.3972283048
-0.363173394
-0.7249612875
-0.5882459893
-0.7737706922
-0.6067823705
-0.5984919096
-0.756785747
0.7734740439
-0.400817014
-0.394515056
-0.4811399836
-0.4124590864
-0.3308962937
-0.7523537013
-0.6182322572
-0.4551996771
0.0729180741
0.0466795437
-0.707233523
-0.5743509901
-0.4032456846
-0.3367028884
-0.2695707852
-0.3053266791
RUMUS
Manipulasi penjualan CFOt/At-1 = α0 + α1 (1/At-1) + β1 (St/At-1) + β2 (ΔSt /At-1) +
CFOt : Arus kas operasi perusahaan i pada tahun t

At-1 : Aset total perusahaan i pada tahun t-1
St : Penjualan total perusahaan i pada tahun t
ΔSt : Penjualan pada tahun t dikurangi penjualan pada t-1
α0 : Konstanta
Ɛt : Error term pada tahun t
Kos Produksi yang tinggi PRODt/At-1 = α0 + α1 (1/At-1) + β1 (St/At-1) + β2 (ΔSt /At-1) + β3 (ΔSt
PRODt : Biaya produksi pada tahun t, dimana PRODt = COGS

At : Aset total perusahaan i pada tahun t
ΔSt : Penjualan pada tahun t dikurangi penjualan pada t-1
ΔSt-1 : Perubahan penjualan pada tahun t-1
α0 : Konstanta
Biaya dikresioner yang tinggi DISEXPt/At-1 = α0 + α1 (1/At-1) + β1 (St/At-1) + Ɛ
DISEXPt : Biaya diskresioner pada tahun t

At : Aset total perusahaan i pada tahun t
α0 : Konstanta
Manajemen Laba Riil Manajemen Laba Riil = ACFO + (APC x (-1)) + ADE
ACFO : Abnormal Cash Flow Operation

APC : Abnormal Production Costs
ADEXP : Abnormal Discretionary Expenses
Independensi Komite Audit
Frekuensi Pertemuan Komite Audit
Kepemilikan Manajerial
Kepemilikan Institusional
Ukuran Perusahaan Ukuran Perusahaan = Ln of Total Asset

α1(1/At-1) : intersep yang diskala
dengan total aset pada tahun t-1
CFOt/At-1 : arus kas kegiatan operasi
dengan tujuan supaya arus kas
St/At-1) + β2 (ΔSt /At-1) + Ɛt pada tahun t yang diskala dengan total
kegiatan operasi tidak memiliki nilai 0
aset pada tahun t-1
ketika penjualan dan lag penjualan
bernilai 0
i pada tahun t At : Aset total perusahaan i pada tahun t

St-1 : Penjualan total perusahaan i pada tahun t-1
pada tahun t
angi penjualan pada t-1
α(1/At-1) : intersep yang diskal

PRODt/At-1 : biaya produksi pada tahun t yang dengan total aset pada tahun t-1
At-1) + β2 (ΔSt /At-1) + β3 (ΔSt-1 /At-1) + Ɛt diskala dengan total aset pada tahun t-1, dimana dengan tujuan supaya nilai biay
PRODt = COGSt + ΔINVt produksi tidak memiliki nilai 0 ket
penjualan dan lag penjualan bernil
t, dimana PRODt = COGSt + ΔINVt ΔINVt : persediaan awal - persediaan akhir pada tahun t
COGSt : COGS pada tahun t
i pada tahun t At-1 : Aset total perusahaan i pada tahun t-1
urangi penjualan pada t-1 St-1 : Penjualan total perusahaan i pada tahun t-1
α(1/At-1) : intersep yang diskala dengan to

DISEXPt/At-1 : biaya diskresioner pada
(1/At-1) + β1 (St/At-1) + Ɛt tahun t yang diskala dengan total 166sset aset pada tahun t-1 dengan tujuan supaya bi
tahun t-1 diskresioner tidak memiliki nilai 0 ketika
penjualan dan lag penjualan bernilai 0
At-1 : Aset total perusahaan i pada tahun t-1

ada tahun t St-1 : Penjualan total perusahaan i pada tahun t-1
an i pada tahun t
FO + (APC x (-1)) + ADEXP ACFO : abnormal Cash Flow Operation APC : Abnormal Production Cos
….%

4 = Sering ( ≥ 10 pertemuan dlm 1 thn )
liat di calk bagian modal saham
kepemilikan manajerial yaitu % modal saham yang

dimiliki direktur perusahaan
….%
liat di calk bagian modal saham
kepemilikan institusional yaitu % modal saham yang

dimiliki PT atau perusahaannya ….%
ΔSt/At-1 : penjualan pada tahun t
St/At-1 : penjualan pada tahun t yang
dikurangi penjualan pada tahun t-1
diskala dengan total aset pada tahun t- α0 : konstanta
yang diskala dengan total aset pada
1
tahun t-1
At-1) : intersep yang diskala

ΔSt/At-1 : penjualan pada tahun t ΔSt-1/At-1 : perubaha
an total aset pada tahun t-1 St/At-1 : penjualan pada
dikurangi penjualan pada tahun t-1 penjualan pada tahun t
an tujuan supaya nilai biaya tahun t yang diskala dengan
yang diskala dengan total aset pada yang diskala dengan to
i tidak memiliki nilai 0 ketika total aset pada tahun t-1
tahun t-1 aset pada tahun t-1
n dan lag penjualan bernilai 0
hir pada tahun t
ep yang diskala dengan total St-1/At-1 : penjualan pada

єt : error term pada tahun t.regression
1 dengan tujuan supaya biaya tahun t-1 yang diskala
α0 : konstanta residual (proksi abnormal
dak memiliki nilai 0 ketika dengan total aset pada tahun
Discretionary Expenses)
n lag penjualan bernilai 0 t-1
Abnormal Production Costs ADEXP : Abnormal Discretionary Expenses
єt : error term pada tahun t.
regression residual (proksi
abnormal CFO)
ΔSt-1/At-1 : perubahan
єt : error term pada tahun t. regression
penjualan pada tahun t-1
α0 : konstanta residual (proksi abnormal production
yang diskala dengan total
costs)
aset pada tahun t-1
a tahun t.regression
oksi abnormal
ry Expenses)
(dalam jutaan rupiah) liat di laporan L/R
(a) (b)
NO KODE TAHUN beban penjualan beban administrasi & umum
1 SMCB 2015 Rp 322,521 Rp 603,003
2 INTP 2015
3 AMFG 2015 Rp 356,675 Rp 51,637
4 TOTO 2015
5 ALMI 2015 Rp 33,708 Rp 59,203
6 LMSH 2015
7 ALKA 2015
8 GDST 2015 Rp 37,619 Rp 38,871
9 INAI 2015 Rp 25,829 Rp 68,500
10 PICO 2015 Rp 9,090 Rp 18,052
11 BAJA 2015 Rp 4,976 Rp 9,155
12 DPNS 2015
13 EKAD 2015
14 BRNA 2015 Rp 38,983 Rp 75,656
15 IGAR 2015
16 CPIN 2015 Rp 627,460 Rp 1,070,037
17 SIPD 2015 Rp 201,700 Rp 271,779
18 FASW 2015 Rp 167,965 Rp 68,433
19 KBRI 2015 Rp 11,076 Rp 19,355
20 SPMA 2015 Rp 84,030 Rp 50,306
21 KRAH 2015 Rp 25,223 Rp 46,852
22 AUTO 2015 Rp 63,973 Rp 714,928
23 ASII 2015 Rp 9,117,000 Rp 10,381,000
24 IMAS 2015 Rp 1,427,503 Rp 1,221,839
25 INDS 2015 Rp 61,855 Rp 86,492
26 NIPS 2015 Rp 29,618 Rp 41,343
27 SMSM 2015 Rp 161,496 Rp 127,337
28 RICY 2015 Rp 110,834 Rp 76,857
29 SSTM 2015 Rp 10,916 Rp 12,789
30 BIMA 2015 Rp 33,304 Rp 13,057
31 KBLI 2015 Rp 67,410 Rp 46,831
32 MYOR 2015 Rp 1,876,102 Rp 459,613
33 INDF 2015 Rp 6,885,612 Rp 3,495,437
34 AISA 2015
35 ULTJ 2015 Rp 593,015 Rp 136,835
36 TSPC 2015 Rp 2,005,396 Rp 458,544
37 KLBF 2015 Rp 4,828,392 Rp 953,016
38 KAEF 2015
39 MERK 2015 Rp 254,087 Rp 57,427
40 MBTO 2015 Rp 276,404 Rp 74,365
41 UNVR 2015 Rp 7,239,165 Rp 3,465,924
42 ADES 2015 Rp 219,872 Rp 71,139
43 TCID 2015 Rp 486,983 Rp 172,248
44 SMCB 2016 Rp 317,457 Rp 554,434
45 INTP 2016
46 AMFG 2016 Rp 353,948 Rp 53,809
47 TOTO 2016
48 ALMI 2016 Rp 32,984 Rp 58,750
49 LMSH 2016
50 ALKA 2016
51 GDST 2016 Rp 21,784 Rp 41,959
52 INAI 2016 Rp 19,552 Rp 70,870
53 PICO 2016 Rp 9,555 Rp 18,249
54 BAJA 2016 Rp 6,727 Rp 9,693
55 DPNS 2016
56 EKAD 2016
57 BRNA 2016 Rp 39,856 Rp 76,879
58 IGAR 2016
59 CPIN 2016 Rp 821,978 Rp 1,232,950
60 SIPD 2016 Rp 152,904 Rp 234,644
61 FASW 2016 Rp 120,230 Rp 89,756
62 KBRI 2016 Rp 2,221 Rp 14,064
63 SPMA 2016 Rp 85,685 Rp 53,540
64 KRAH 2016 Rp 21,843 Rp 49,189
65 AUTO 2016 Rp 66,577 Rp 739,706
66 ASII 2016 Rp 7,855,000 Rp 11,043,000
67 IMAS 2016 Rp 1,280,694 Rp 1,280,235
68 INDS 2016 Rp 73,660 Rp 91,443
69 NIPS 2016 Rp 31,190 Rp 43,872
70 SMSM 2016 Rp 160,375 Rp 144,759
71 RICY 2016 Rp 129,416 Rp 78,533
72 SSTM 2016 Rp 9,808 Rp 13,728
73 BIMA 2016 Rp 36,624 Rp 14,028
74 KBLI 2016 Rp 85,071 Rp 53,284
75 MYOR 2016 Rp 2,078,014 Rp 507,166
76 INDF 2016 Rp 7,168,040 Rp 3,988,897
77 AISA 2016
78 ULTJ 2016 Rp 634,650 Rp 136,487
79 TSPC 2016 Rp 2,336,617 Rp 502,898
80 KLBF 2016 Rp 5,193,014 Rp 1,046,592
81 KAEF 2016
82 MERK 2016 Rp 272,947 Rp 54,656
83 MBTO 2016 Rp 246,530 Rp 86,518
84 UNVR 2016 Rp 7,791,556 Rp 3,960,830
85 ADES 2016 Rp 298,265 Rp 84,977
86 TCID 2016 Rp 557,096 Rp 190,489
87 SMCB 2017 Rp 336,121 Rp 538,004
88 INTP 2017
89 AMFG 2017 Rp 383,080 Rp 75,247
90 TOTO 2017
91 ALMI 2017 Rp 35,372 Rp 54,381
92 LMSH 2017
93 ALKA 2017
94 GDST 2017 Rp 29,848 Rp 52,834
95 INAI 2017 Rp 16,784 Rp 80,919
96 PICO 2017 Rp 8,216 Rp 25,085
97 BAJA 2017 Rp 4,325 Rp 12,688
98 DPNS 2017
99 EKAD 2017
100 BRNA 2017 Rp 45,411 Rp 87,655
101 IGAR 2017
102 CPIN 2017 Rp 1,175,052 Rp 1,391,056
103 SIPD 2017 Rp 180,197 Rp 212,109
104 FASW 2017 Rp 149,591 Rp 105,715
105 KBRI 2017 Rp 677 Rp 13,487
106 SPMA 2017 Rp 84,628 Rp 57,560
107 KRAH 2017 Rp 14,911 Rp 44,319
108 AUTO 2017 Rp 675,593 Rp 734,035
109 ASII 2017 Rp 10,222,000 Rp 1,182,000
110 IMAS 2017 Rp 1,251,984 Rp 1,411,070
111 INDS 2017 Rp 107,425 Rp 103,301
112 NIPS 2017 Rp 42,312 Rp 59,331
113 SMSM 2017 Rp 178,480 Rp 152,812
114 RICY 2017 Rp 133,841 Rp 76,648
115 SSTM 2017 Rp 10,471 Rp 14,721
116 BIMA 2017 Rp 33,481 Rp 15,781
117 KBLI 2017 Rp 105,858 Rp 70,585
118 MYOR 2017 Rp 1,909,487 Rp 605,008
119 INDF 2017 Rp 7,237,120 Rp 4,070,151
120 AISA 2017
121 ULTJ 2017 Rp 689,769 Rp 172,082
122 INAF 2017 Rp 172,834 Rp 98,959
123 KLBF 2017 Rp 5,217,254 Rp 1,141,382
124 KAEF 2017
125 MERK 2017 Rp 292,716 Rp 92,150
126 MBTO 2017 Rp 292,295 Rp 104,038
127 UNVR 2017 Rp 7,839,387 Rp 3,875,371
128 ADES 2017 Rp 289,213 Rp 82,415
129 TCID 2017 Rp 568,988 Rp 212,669
liat di CALK bag. beban pokok penj.
(a) + (b)
biaya diskresioner biaya produksi
Rp 925,524 Rp 7,063,066
Rp 2,879,720 Rp 9,111,195
Rp 408,312 Rp 2,853,377
Rp 166,745 Rp 1,813,516
Rp 92,911 Rp 2,897,234
Rp 9,666 Rp 162,445
Rp 17,242 Rp 75,418
Rp 76,490 Rp 684,861
Rp 94,329 Rp 1,183,518
Rp 27,142 Rp 619,874
Rp 14,131 Rp 1,186,362
Rp 26,027 Rp 69,982
Rp 74,324 Rp 345,764
Rp 114,639 Rp 1,047,926
Rp 34,241 Rp 566,025
Rp 1,697,497 Rp 22,486,060
Rp 473,479 Rp 1,938,896
Rp 236,398 Rp 4,646,468
Rp 30,431 Rp 55,713
Rp 134,336 Rp 1,375,498
Rp 72,075 Rp 251,904
Rp 778,901 Rp 7,175,664
Rp 19,498,000 Rp 153,899,000
Rp 2,649,342 Rp 94,794
Rp 148,347 Rp 1,505,484
Rp 70,961 Rp 816,960
Rp 288,833 Rp 1,840,011
Rp 187,691 Rp 707,921
Rp 23,705 Rp 436,187
Rp 46,361 Rp 133,446
Rp 114,241 Rp 2,279,052
Rp 2,335,715 Rp 10,351,786
Rp 10,381,049 Rp 42,045,744
Rp 539,799 Rp 4,737,175
Rp 729,850 Rp 3,089,524
Rp 2,463,940 Rp 1,928,456
Rp 5,781,408 Rp 5,015,206
Rp 1,227,054 Rp 742,058
Rp 311,514 Rp 306,477
Rp 350,769 Rp 333,346
Rp 10,705,089 Rp 17,107,280
Rp 291,011 Rp 339,870
Rp 659,231 Rp 1,344,196
Rp 871,891 Rp 7,520,139
Rp 2,713,870 Rp 8,287,437
Rp 407,757 Rp 2,923,621
Rp 157,022 Rp 1,657,964
Rp 91,734 Rp 2,397,083
Rp 10,440 Rp 141,984
Rp 19,972 Rp 51,548
Rp 63,743 Rp 541,917
Rp 90,422 Rp 1,107,135
Rp 27,804 Rp 624,880
Rp 16,420 Rp 962,924
Rp 24,508 Rp 68,008
Rp 77,712 Rp 371,201
Rp 116,735 Rp 1,119,514
Rp 47,359 Rp 651,392
Rp 2,054,928 Rp 25,696,359
Rp 387,548 Rp 1,994,254
Rp 209,986 Rp 4,547,946
Rp 16,285 Rp 47,557
Rp 139,225 Rp 1,625,910
Rp 71,032 Rp 251,416
Rp 806,283 Rp 7,511,120
Rp 18,898,000 Rp 150,487,000
Rp 2,560,929 Rp 86,389
Rp 165,103 Rp 1,337,066
Rp 75,062 Rp 856,917
Rp 305,134 Rp 1,896,768
Rp 207,949 Rp 798,589
Rp 23,536 Rp 375,060
Rp 50,652 Rp 107,124
Rp 138,355 Rp 2,199,781
Rp 2,585,180 Rp 13,964,504
Rp 11,156,937 Rp 43,223,421
Rp 667,537 Rp 4,862,377
Rp 771,137 Rp 3,081,688
Rp 2,839,515 Rp 2,077,657
Rp 6,239,606 Rp 5,487,320
Rp 1,479,784 Rp 785,778
Rp 327,603 Rp 411,321
Rp 333,048 Rp 314,012
Rp 11,752,386 Rp 17,940,490
Rp 383,242 Rp 435,134
Rp 747,585 Rp 1,666,954
Rp 874,125 Rp 7,572,670
Rp 3,080,203 Rp 8,986,989
Rp 458,327 Rp 3,424,416
Rp 170,510 Rp 1,587,121
Rp 89,753 Rp 3,422,470
Rp 11,354 Rp 196,829
Rp 26,240 Rp 113,831
Rp 82,682 Rp 1,001,446
Rp 97,703 Rp 792,648
Rp 33,301 Rp 651,620
Rp 17,013 Rp 1,245,840
Rp 23,158 Rp 64,479
Rp 88,864 Rp 487,482
Rp 133,066 Rp 1,174,573
Rp 44,482 Rp 639,027
Rp 2,566,108 Rp 28,122,830
Rp 392,306 Rp 2,186,147
Rp 255,306 Rp 5,948,869
Rp 14,164 Rp 45,100
Rp 142,188 Rp 1,749,343
Rp 59,230 Rp 255,896
Rp 1,409,628 Rp 8,311,845
Rp 11,404,000 Rp 168,656,000
Rp 2,663,054 Rp 109,138
Rp 210,726 Rp 1,523,879
Rp 101,643 Rp 873,550
Rp 331,292 Rp 2,271,861
Rp 210,489 Rp 1,072,000
Rp 25,192 Rp 342,670
Rp 49,262 Rp 87,058
Rp 176,443 Rp 2,933,909
Rp 2,514,495 Rp 15,432,073
Rp 11,307,271 Rp 45,641,509
Rp 916,746 Rp 4,294,396
Rp 861,851 Rp 3,086,431
Rp 271,793 Rp 284,055
Rp 6,358,636 Rp 5,723,547
Rp 1,791,957 Rp 980,721
Rp 384,866 Rp 373,370
Rp 396,333 Rp 342,994
Rp 11,714,758 Rp 18,247,949
Rp 371,628 Rp 353,705
Rp 781,657 Rp 1,626,675
(dalam jutaan rupiah) aset total thn sblmnya
NO KODE TAHUN Cash Flow Operation t At-1

1 SMCB 2015 Rp 533,786 Rp 17,199,304
2 INTP 2015 Rp 5,049,117 Rp 28,884,635
3 AMFG 2015 Rp 366,837 Rp 3,946,125
4 TOTO 2015 Rp 240,629 Rp 2,062,386
5 ALMI 2015 Rp 1,749,582 Rp 3,217,113
6 LMSH 2015 Rp 10,910 Rp 141,034
7 ALKA 2015 -Rp 2,880 Rp 245,297
8 GDST 2015 -Rp 39,316 Rp 1,357,932
9 INAI 2015 Rp 47,011 Rp 893,663
10 PICO 2015 Rp 59,320 Rp 626,626
11 BAJA 2015 Rp 27,344 Rp 959,445
12 DPNS 2015 Rp 5,105 Rp 268,891
13 EKAD 2015 Rp 100,935 Rp 411,726
14 BRNA 2015 Rp 276,302 Rp 581,020
15 IGAR 2015 Rp 80,061 Rp 350,619
16 CPIN 2015 Rp 1,707,438 Rp 20,841,795
17 SIPD 2015 Rp 205,597,582 Rp 2,800,914
18 FASW 2015 Rp 72,901 Rp 5,581,000
19 KBRI 2015 -Rp 110,572 Rp 1,298,895
20 SPMA 2015 Rp 85,999 Rp 2,091,957
21 KRAH 2015 -Rp 23,937 Rp 480,333
22 AUTO 2015 Rp 866,768 Rp 14,387,568
23 ASII 2015 Rp 26,290,000 Rp 236,027,000
24 IMAS 2015 Rp 793,372 Rp 23,473,796
25 INDS 2015 Rp 110,641 Rp 2,282,666
26 NIPS 2015 -Rp 137,952 Rp 1,206,854
27 SMSM 2015 Rp 536,111 Rp 1,757,634
28 RICY 2015 Rp 134,156 Rp 1,172,012
29 SSTM 2015 Rp 984,185 Rp 773,663
30 BIMA 2015 Rp 38,488 Rp 104,537
31 KBLI 2015 Rp 46,127 Rp 1,340,881
32 MYOR 2015 Rp 2,336,785 Rp 10,297,997
33 INDF 2015 Rp 4,213,613 Rp 86,077,251
34 AISA 2015 Rp 399,185 Rp 7,373,868
35 ULTJ 2015 Rp 699,677 Rp 2,918,133
36 TSPC 2015 Rp 778,361 Rp 5,609,556
37 KLBF 2015 Rp 2,456,995 Rp 12,439,267
38 KAEF 2015 Rp 175,966 Rp 2,968,184
39 MERK 2015 Rp 203,711 Rp 711,055
40 MBTO 2015 Rp 1,011 Rp 623,002
41 UNVR 2015 Rp 6,299,051 Rp 14,280,670
42 ADES 2015 Rp 26,040 Rp 502,990
43 TCID 2015 Rp 120,781 Rp 1,663,679
44 SMCB 2016 Rp 983,560 Rp 17,321,565
45 INTP 2016 Rp 3,546,113 Rp 27,638,360
46 AMFG 2016 Rp 333,042 Rp 4,270,275
47 TOTO 2016 Rp 305,802 Rp 2,439,540
48 ALMI 2016 Rp 49,190 Rp 2,189,037
49 LMSH 2016 Rp 6,871 Rp 133,782
50 ALKA 2016 Rp 12,555 Rp 144,628
51 GDST 2016 Rp 87,280 Rp 1,183,934
52 INAI 2016 -Rp 149,761 Rp 1,330,259
53 PICO 2016 Rp 5,595 Rp 605,788
54 BAJA 2016 Rp 34,234 Rp 948,682
55 DPNS 2016 Rp 14,127 Rp 274,483
56 EKAD 2016 Rp 84,490 Rp 389,691
57 BRNA 2016 Rp 90,207 Rp 584,029
58 IGAR 2016 Rp 63,688 Rp 383,936
59 CPIN 2016 Rp 4,157,137 Rp 24,684,915
60 SIPD 2016 Rp 5,128,315 Rp 2,246,770
61 FASW 2016 Rp 2,206,943 Rp 6,993,634
62 KBRI 2016 Rp 89,519 Rp 1,455,931
63 SPMA 2016 Rp 266,413 Rp 2,185,464
64 KRAH 2016 Rp 39,549 Rp 533,537
65 AUTO 2016 Rp 1,059,369 Rp 14,339,110
66 ASII 2016 Rp 19,407,000 Rp 245,435,000
67 IMAS 2016 Rp 118,811 Rp 24,860,957
68 INDS 2016 Rp 193,436 Rp 2,553,928
69 NIPS 2016 -Rp 13,476 Rp 1,547,720
70 SMSM 2016 Rp 582,843 Rp 2,220,108
71 RICY 2016 Rp 82,494 Rp 1,198,193
72 SSTM 2016 Rp 42,256 Rp 721,884
73 BIMA 2016 Rp 17,103 Rp 99,558
74 KBLI 2016 Rp 383,175 Rp 1,551,799
75 MYOR 2016 Rp 659,314 Rp 11,342,715
76 INDF 2016 Rp 7,175,603 Rp 91,831,526
77 AISA 2016 Rp 463,580 Rp 9,060,979
78 ULTJ 2016 Rp 779,108 Rp 3,539,995
79 TSPC 2016 Rp 491,655 Rp 6,284,729
80 KLBF 2016 Rp 2,159,833 Rp 13,696,417
81 KAEF 2016 Rp 198,050 Rp 3,434,879
82 MERK 2016 Rp 43,799 Rp 641,646
83 MBTO 2016 Rp 4,896 Rp 648,899
84 UNVR 2016 Rp 6,684,219 Rp 15,729,945
85 ADES 2016 Rp 119,156 Rp 653,224
86 TCID 2016 Rp 264,194 Rp 2,082,096
87 SMCB 2017 Rp 818,464 Rp 19,763,133
88 INTP 2017 Rp 2,781,805 Rp 30,150,580
89 AMFG 2017 Rp 299,081 Rp 5,504,890
90 TOTO 2017 Rp 421,340 Rp 2,581,440
91 ALMI 2017 -Rp 373,368 Rp 2,153,030
92 LMSH 2017 Rp 15,388 Rp 162,828
93 ALKA 2017 -Rp 3,678 Rp 136,618
94 GDST 2017 Rp 31,357,855 Rp 1,257,609
95 INAI 2017 Rp 51,365 Rp 1,339,032
96 PICO 2017 Rp 2,326 Rp 638,566
97 BAJA 2017 Rp 52,474 Rp 982,626
98 DPNS 2017 -Rp 3,994 Rp 296,129
99 EKAD 2017 Rp 51,605 Rp 702,508
100 BRNA 2017 Rp 9,047 Rp 2,088,696
101 IGAR 2017 Rp 88,100 Rp 439,465
102 CPIN 2017 -Rp 1,586,728 Rp 24,204,994
103 SIPD 2017 -Rp 54,375 Rp 2,567,211
104 FASW 2017 Rp 1,113,426 Rp 8,583,223
105 KBRI 2017 Rp 21,819 Rp 1,263,726
106 SPMA 2017 Rp 131,771 Rp 2,158,852
107 KRAH 2017 Rp 8,089 Rp 598,711
108 AUTO 2017 Rp 394,229 Rp 14,612,274
109 ASII 2017 Rp 23,285,000 Rp 261,855,000
110 IMAS 2017 -Rp 601,612 Rp 25,633,342
111 INDS 2017 Rp 320,252 Rp 2,477,272
112 NIPS 2017 -Rp 24,310 Rp 1,777,956
113 SMSM 2017 Rp 446,032 Rp 2,254,740
114 RICY 2017 Rp 212,819 Rp 1,288,683
115 SSTM 2017 Rp 25,549 Rp 670,963
116 BIMA 2017 Rp 9,669 Rp 92,041
117 KBLI 2017 -Rp 65,871 Rp 1,871,422
118 MYOR 2017 Rp 1,275,530 Rp 12,922,421
119 INDF 2017 Rp 6,507,803 Rp 82,174,515
120 AISA 2017 Rp 267,102 Rp 9,254,539
121 ULTJ 2017 Rp 1,072,516 Rp 4,239,199
122 INAF 2017 Rp 544,164 Rp 6,585,807
123 KLBF 2017 Rp 2,008,316 Rp 15,226,009
124 KAEF 2017 Rp 5,241 Rp 4,612,562
125 MERK 2017 Rp 129,919 Rp 743,934
126 MBTO 2017 -Rp 33,053 Rp 709,959
127 UNVR 2017 Rp 7,059,862 Rp 16,745,695
128 ADES 2017 Rp 87,199 Rp 767,479
129 TCID 2017 Rp 363,708 Rp 2,185,101
aset total thn skrg total sales thn sblmnya total sales thn skrg total sales pada tahun t-2
At St-1 St St-2
Rp 17,321,565 Rp 9,483,612 Rp 9,239,022 Rp 9,686,262
Rp 27,638,360 Rp 19,996,264 Rp 17,798,055 Rp 18,691,286
Rp 4,270,275 Rp 3,672,186 Rp 3,665,989 Rp 3,261,480
Rp 2,439,540 Rp 2,062,386 Rp 2,439,540 Rp 1,711,306
Rp 2,189,037 Rp 3,336,087 Rp 3,333,329 Rp 2,871,313
Rp 133,782 Rp 249,072 Rp 174,598 Rp 256,210
Rp 144,628 Rp 1,230,364 Rp 749,146 Rp 1,099,620
Rp 1,183,934 Rp 1,215,611 Rp 913,792 Rp 1,410,117
Rp 1,330,259 Rp 933,462 Rp 1,384,675 Rp 640,702
Rp 605,788 Rp 694,332 Rp 699,310 Rp 684,448
Rp 948,682 Rp 1,229,844 Rp 1,251,193 Rp 1,052,131
Rp 274,483 Rp 132,775 Rp 118,475 Rp 131,333
Rp 389,691 Rp 526,573 Rp 531,537 Rp 418,668
Rp 584,029 Rp 1,258,841 Rp 1,278,353 Rp 960,999
Rp 383,936 Rp 737,863 Rp 677,331 Rp 643,403
Rp 24,684,915 Rp 29,150,275 Rp 30,107,727 Rp 25,662,992
Rp 2,246,770 Rp 2,505,575 Rp 2,113,148 Rp 3,854,271
Rp 6,993,634 Rp 5,456,935 Rp 4,959,998 Rp 4,960,825
Rp 1,455,931 Rp 34,719 Rp 241,207 Rp 11,868
Rp 2,185,464 Rp 1,550,810 Rp 1,621,516 Rp 1,395,838
Rp 533,537 Rp 286,048 Rp 283,205 Rp 307,864
Rp 14,339,110 Rp 12,255,427 Rp 11,723,787 Rp 10,701,988
Rp 245,435,000 Rp 201,701,000 Rp 184,196,000 Rp 193,880,000
Rp 24,860,957 Rp 19,458,165 Rp 18,099,979 Rp 20,094,736
Rp 2,553,928 Rp 1,866,977 Rp 1,659,505 Rp 1,702,447
Rp 1,547,720 Rp 1,015,868 Rp 987,862 Rp 911,064
Rp 2,220,108 Rp 2,632,860 Rp 2,802,924 Rp 2,381,889
Rp 1,198,193 Rp 1,185,443 Rp 1,111,051 Rp 984,185
Rp 721,884 Rp 519,854 Rp 506,180 Rp 573,748
Rp 99,558 Rp 286,688 Rp 222,363 Rp 279,150
Rp 1,551,799 Rp 2,384,078 Rp 2,662,038 Rp 2,572,350
Rp 11,342,715 Rp 14,169,088 Rp 14,818,730 Rp 12,017,837
Rp 91,831,526 Rp 63,594,452 Rp 64,061,947 Rp 55,623,657
Rp 9,060,979 Rp 5,139,974 Rp 6,010,895 Rp 4,056,735
Rp 3,539,995 Rp 3,916,789 Rp 4,393,932 Rp 3,460,231
Rp 6,284,729 Rp 7,512,115 Rp 8,181,481 Rp 6,854,889
Rp 13,696,417 Rp 17,368,532 Rp 17,887,464 Rp 16,002,131
Rp 3,434,879 Rp 4,521,024 Rp 4,860,371 Rp 4,348,073
Rp 641,646 Rp 863,207 Rp 983,446 Rp 1,193,952
Rp 648,899 Rp 671,398 Rp 694,782 Rp 641,284
Rp 15,729,945 Rp 34,511,534 Rp 36,484,030 Rp 30,757,435
Rp 653,224 Rp 578,784 Rp 669,725 Rp 502,524
Rp 2,082,096 Rp 2,308,203 Rp 2,314,889 Rp 2,027,899
Rp 19,763,133 Rp 9,239,022 Rp 9,458,403 Rp 9,483,612
Rp 30,150,580 Rp 17,798,055 Rp 15,361,894 Rp 19,996,264
Rp 5,504,890 Rp 3,665,989 Rp 3,724,075 Rp 3,672,186
Rp 2,581,440 Rp 2,439,540 Rp 2,069,017 Rp 2,062,386
Rp 2,153,030 Rp 3,333,329 Rp 2,461,800 Rp 3,336,087
Rp 162,828 Rp 174,598 Rp 157,855 Rp 249,072
Rp 136,618 Rp 749,146 Rp 1,151,605 Rp 1,230,364
Rp 1,257,609 Rp 913,792 Rp 757,282 Rp 1,215,611
Rp 1,339,032 Rp 1,384,675 Rp 1,284,510 Rp 933,462
Rp 638,566 Rp 699,310 Rp 706,730 Rp 694,332
Rp 982,626 Rp 1,251,193 Rp 978,840 Rp 1,229,844
Rp 296,129 Rp 118,475 Rp 115,940 Rp 132,775
Rp 702,508 Rp 531,537 Rp 568,638 Rp 526,573
Rp 2,088,696 Rp 1,278,353 Rp 1,364,849 Rp 1,258,841
Rp 439,465 Rp 677,331 Rp 792,794 Rp 737,863
Rp 24,204,994 Rp 30,107,727 Rp 38,256,857 Rp 29,150,275
Rp 2,567,211 Rp 2,113,148 Rp 2,427,199 Rp 2,505,575
Rp 8,583,223 Rp 4,959,998 Rp 5,874,745 Rp 5,456,935
Rp 1,263,726 Rp 241,207 Rp 161,367 Rp 34,719
Rp 2,158,852 Rp 1,621,516 Rp 1,932,435 Rp 1,550,810
Rp 598,711 Rp 283,205 Rp 312,547 Rp 286,048
Rp 14,612,274 Rp 11,723,787 Rp 12,806,867 Rp 12,255,427
Rp 261,855,000 Rp 184,196,000 Rp 181,084,000 Rp 201,701,000
Rp 25,633,342 Rp 18,099,979 Rp 15,049,532 Rp 19,458,165
Rp 2,477,272 Rp 1,659,505 Rp 1,637,036 Rp 1,866,977
Rp 1,777,956 Rp 987,862 Rp 1,039,635 Rp 1,015,868
Rp 2,254,740 Rp 2,802,924 Rp 2,879,876 Rp 2,632,860
Rp 1,288,683 Rp 1,111,051 Rp 1,221,519 Rp 1,185,443
Rp 670,963 Rp 506,180 Rp 436,691 Rp 519,854
Rp 92,041 Rp 222,363 Rp 172,109 Rp 286,688
Rp 1,871,422 Rp 2,662,038 Rp 2,812,196 Rp 2,384,078
Rp 12,922,421 Rp 14,818,730 Rp 18,349,959 Rp 14,169,088
Rp 82,174,515 Rp 64,061,947 Rp 66,750,317 Rp 63,594,452
Rp 9,254,539 Rp 6,010,895 Rp 6,545,680 Rp 5,139,974
Rp 4,239,199 Rp 4,393,932 Rp 4,685,987 Rp 3,916,789
Rp 6,585,807 Rp 8,181,481 Rp 9,138,238 Rp 7,512,115
Rp 15,226,009 Rp 17,887,464 Rp 19,374,230 Rp 17,368,532
Rp 4,612,562 Rp 4,860,371 Rp 5,811,502 Rp 4,521,024
Rp 743,934 Rp 983,446 Rp 1,034,806 Rp 863,207
Rp 709,959 Rp 694,782 Rp 685,443 Rp 671,398
Rp 16,745,695 Rp 36,484,030 Rp 40,053,732 Rp 34,511,534
Rp 767,479 Rp 669,725 Rp 887,663 Rp 578,784
Rp 2,185,101 Rp 2,314,889 Rp 2,526,776 Rp 2,308,203
Rp 19,626,403 Rp 9,458,403 Rp 9,382,120 Rp 9,239,022
Rp 28,863,676 Rp 15,361,894 Rp 14,431,211 Rp 17,798,055
Rp 6,267,816 Rp 3,724,075 Rp 3,885,791 Rp 3,665,989
Rp 2,826,490 Rp 2,069,017 Rp 2,171,861 Rp 2,439,540
Rp 2,376,281 Rp 2,461,800 Rp 3,484,905 Rp 3,333,329
Rp 161,163 Rp 157,855 Rp 224,371 Rp 174,598
Rp 305,208 Rp 1,151,605 Rp 1,932,783 Rp 749,146
Rp 1,286,954 Rp 757,282 Rp 1,228,528 Rp 913,792
Rp 1,213,916 Rp 1,284,510 Rp 980,285 Rp 1,384,675
Rp 720,238 Rp 706,730 Rp 747,064 Rp 699,310
Rp 946,448 Rp 978,840 Rp 1,218,317 Rp 1,251,193
Rp 308,491 Rp 115,940 Rp 111,294 Rp 118,475
Rp 796,767 Rp 568,638 Rp 643,591 Rp 531,537
Rp 1,964,877 Rp 1,364,849 Rp 1,310,440 Rp 1,278,353
Rp 513,022 Rp 792,794 Rp 761,926 Rp 677,331
Rp 24,522,593 Rp 38,256,857 Rp 49,367,386 Rp 30,107,727
Rp 2,239,699 Rp 2,427,199 Rp 2,449,961 Rp 2,113,148
Rp 9,369,891 Rp 5,874,745 Rp 7,337,185 Rp 4,959,998
Rp 1,171,234 Rp 161,367 Rp 144,027 Rp 241,207
Rp 2,175,660 Rp 1,932,435 Rp 2,093,137 Rp 1,621,516
Rp 645,953 Rp 312,547 Rp 263,264 Rp 283,205
Rp 14,762,309 Rp 12,806,867 Rp 13,549,857 Rp 11,723,787
Rp 295,646,000 Rp 181,084,000 Rp 206,057,000 Rp 184,196,000
Rp 31,375,311 Rp 15,049,532 Rp 15,359,437 Rp 18,099,979
Rp 2,434,617 Rp 1,637,036 Rp 1,967,982 Rp 1,659,505
Rp 1,897,962 Rp 1,039,635 Rp 1,077,046 Rp 987,862
Rp 2,443,341 Rp 2,879,876 Rp 3,339,964 Rp 2,802,924
Rp 1,374,444 Rp 1,221,519 Rp 1,600,432 Rp 1,111,051
Rp 605,643 Rp 436,691 Rp 343,842 Rp 506,180
Rp 89,327 Rp 172,109 Rp 153,713 Rp 222,363
Rp 3,013,760 Rp 2,812,196 Rp 3,186,704 Rp 2,662,038
Rp 14,915,849 Rp 18,349,959 Rp 20,816,673 Rp 14,818,730
Rp 87,939,488 Rp 66,750,317 Rp 70,186,618 Rp 64,061,947
Rp 8,724,734 Rp 6,545,680 Rp 4,920,632 Rp 6,010,895
Rp 5,186,940 Rp 4,685,987 Rp 4,879,559 Rp 4,393,932
Rp 7,434,900 Rp 9,138,238 Rp 9,565,462 Rp 8,181,481
Rp 16,616,239 Rp 19,374,230 Rp 20,182,120 Rp 17,887,464
Rp 6,096,148 Rp 5,811,502 Rp 6,127,479 Rp 4,860,371
Rp 847,006 Rp 1,034,806 Rp 1,156,648 Rp 983,446
Rp 780,669 Rp 685,443 Rp 731,577 Rp 694,782
Rp 18,906,413 Rp 40,053,732 Rp 41,204,510 Rp 36,484,030
Rp 840,236 Rp 887,663 Rp 814,490 Rp 669,725
Rp 2,361,807 Rp 2,526,776 Rp 2,706,394 Rp 2,314,889
sales tahun t dikurangi sales t-1 sales thn t-1 dikurang sales t-2
ΔSt ΔSt-1
(St) - (St-1) (St-1)-(St-2) CFOt/At-1 1/ At-1 St/At-1
-Rp 244,590 -Rp 202,650 0.031 0.00 0.537
-Rp 2,198,209 Rp 1,304,978 0.175 0.00 0.616
-Rp 6,197 Rp 410,706 0.093 0.00 0.929
Rp 377,154 Rp 351,080 0.117 0.00 1.183
-Rp 2,758 Rp 464,774 0.544 0.00 1.036
-Rp 74,474 -Rp 7,138 0.077 0.00 1.238
-Rp 481,218 Rp 130,744 -0.012 0.00 3.054
-Rp 301,819 -Rp 194,506 -0.029 0.00 0.673
Rp 451,213 Rp 292,760 0.053 0.00 1.549
Rp 4,978 Rp 9,884 0.095 0.00 1.116
Rp 21,349 Rp 177,713 0.028 0.00 1.304
-Rp 14,300 Rp 1,442 0.019 0.00 0.441
Rp 4,964 Rp 107,905 0.245 0.00 1.291
Rp 19,512 Rp 297,842 0.476 0.00 2.200
-Rp 60,532 Rp 94,460 0.228 0.00 1.932
Rp 957,452 Rp 3,487,283 0.082 0.00 1.445
-Rp 392,427 -Rp 1,348,696 73.404 0.00 0.754
-Rp 496,937 Rp 496,110 0.013 0.00 0.889
Rp 206,488 Rp 22,851 -0.085 0.00 0.186
Rp 70,706 Rp 154,972 0.041 0.00 0.775
-Rp 2,843 -Rp 21,816 -0.050 0.00 0.590
-Rp 531,640 Rp 1,553,439 0.060 0.00 0.815
-Rp 17,505,000 Rp 7,821,000 0.111 0.00 0.780
-Rp 1,358,186 -Rp 636,571 0.034 0.00 0.771
-Rp 207,472 Rp 164,530 0.048 0.00 0.727
-Rp 28,006 Rp 104,804 -0.114 0.00 0.819
Rp 170,064 Rp 250,971 0.305 0.00 1.595
-Rp 74,392 Rp 201,258 0.114 0.00 0.948
-Rp 13,674 -Rp 53,894 1.272 0.00 0.654
-Rp 64,325 Rp 7,538 0.368 0.00 2.127
Rp 277,960 -Rp 188,272 0.034 0.00 1.985
Rp 649,642 Rp 2,151,251 0.227 0.00 1.439
Rp 467,495 Rp 7,970,795 0.049 0.00 0.744
Rp 870,921 Rp 1,083,239 0.054 0.00 0.815
Rp 477,143 Rp 456,558 0.240 0.00 1.506
Rp 669,366 Rp 657,226 0.139 0.00 1.458
Rp 518,932 Rp 1,366,401 0.198 0.00 1.438
Rp 339,347 Rp 172,951 0.059 0.00 1.637
Rp 120,239 -Rp 330,745 0.286 0.00 1.383
Rp 23,384 Rp 30,114 0.002 0.00 1.115
Rp 1,972,496 Rp 3,754,099 0.441 0.00 2.555
Rp 90,941 Rp 76,260 0.052 0.00 1.331
Rp 6,686 Rp 280,304 0.073 0.00 1.391
Rp 219,381 -Rp 244,590 0.057 0.00 0.546
-Rp 2,436,161 -Rp 2,198,209 0.128 0.00 0.556
Rp 58,086 -Rp 6,197 0.078 0.00 0.872
-Rp 370,523 Rp 377,154 0.125 0.00 0.848
-Rp 871,529 -Rp 2,758 0.022 0.00 1.125
-Rp 16,743 -Rp 74,474 0.051 0.00 1.180
Rp 402,459 -Rp 481,218 0.087 0.00 7.963
-Rp 156,510 -Rp 301,819 0.074 0.00 0.640
-Rp 100,165 Rp 451,213 -0.113 0.00 0.966
Rp 7,420 Rp 4,978 0.009 0.00 1.167
-Rp 272,353 Rp 21,349 0.036 0.00 1.032
-Rp 2,535 -Rp 14,300 0.051 0.00 0.422
Rp 37,101 Rp 4,964 0.217 0.00 1.459
Rp 86,496 Rp 19,512 0.154 0.00 2.337
Rp 115,463 -Rp 60,532 0.166 0.00 2.065
Rp 8,149,130 Rp 957,452 0.168 0.00 1.550
Rp 314,051 -Rp 392,427 2.283 0.00 1.080
Rp 914,747 -Rp 496,937 0.316 0.00 0.840
-Rp 79,840 Rp 206,488 0.061 0.00 0.111
Rp 310,919 Rp 70,706 0.122 0.00 0.884
Rp 29,342 -Rp 2,843 0.074 0.00 0.586
Rp 1,083,080 -Rp 531,640 0.074 0.00 0.893
-Rp 3,112,000 -Rp 17,505,000 0.079 0.00 0.738
-Rp 3,050,447 -Rp 1,358,186 1.031 0.00 0.605
-Rp 22,469 -Rp 207,472 0.076 0.00 0.641
Rp 51,773 -Rp 28,006 -0.009 0.00 0.672
Rp 76,952 Rp 170,064 0.263 0.00 1.297
Rp 110,468 -Rp 74,392 0.069 0.00 1.019
-Rp 69,489 -Rp 13,674 0.059 0.00 0.605
-Rp 50,254 -Rp 64,325 0.172 0.00 1.729
Rp 150,158 Rp 277,960 0.247 0.00 1.812
Rp 3,531,229 Rp 649,642 0.058 0.00 1.618
Rp 2,688,370 Rp 467,495 0.078 0.00 0.727
Rp 534,785 Rp 870,921 0.051 0.00 0.722
Rp 292,055 Rp 477,143 0.220 0.00 1.324
Rp 956,757 Rp 669,366 0.078 0.00 1.454
Rp 1,486,766 Rp 518,932 0.158 0.00 1.415
Rp 951,131 Rp 339,347 0.058 0.00 1.692
Rp 51,360 Rp 120,239 0.068 0.00 1.613
-Rp 9,339 Rp 23,384 0.008 0.00 1.056
Rp 3,569,702 Rp 1,972,496 0.425 0.00 2.546
Rp 217,938 Rp 90,941 0.182 0.00 1.359
Rp 211,887 Rp 6,686 0.127 0.00 1.214
-Rp 76,283 Rp 219,381 0.041 0.00 0.475
-Rp 930,683 -Rp 2,436,161 0.092 0.00 0.479
Rp 161,716 Rp 58,086 0.054 0.00 0.706
Rp 102,844 -Rp 370,523 0.163 0.00 0.841
Rp 1,023,105 -Rp 871,529 -0.173 0.00 1.619
Rp 66,516 -Rp 16,743 0.095 0.00 1.378
Rp 781,178 Rp 402,459 -0.027 0.00 14.147
Rp 471,246 -Rp 156,510 24.935 0.00 0.977
-Rp 304,225 -Rp 100,165 0.038 0.00 0.732
Rp 40,334 Rp 7,420 0.004 0.00 1.170
Rp 239,477 -Rp 272,353 0.053 0.00 1.240
-Rp 4,646 -Rp 2,535 -0.013 0.00 0.376
Rp 74,953 Rp 37,101 0.073 0.00 0.916
-Rp 54,409 Rp 86,496 0.004 0.00 0.627
-Rp 30,868 Rp 115,463 0.200 0.00 1.734
Rp 11,110,529 Rp 8,149,130 -0.066 0.00 2.040
Rp 22,762 Rp 314,051 -0.021 0.00 0.954
Rp 1,462,440 Rp 914,747 0.130 0.00 0.855
-Rp 17,340 -Rp 79,840 0.017 0.00 0.114
Rp 160,702 Rp 310,919 0.061 0.00 0.970
-Rp 49,283 Rp 29,342 0.014 0.00 0.440
Rp 742,990 Rp 1,083,080 0.027 0.00 0.927
Rp 24,973,000 -Rp 3,112,000 0.089 0.00 0.787
Rp 309,905 -Rp 3,050,447 -0.023 0.00 0.599
Rp 330,946 -Rp 22,469 0.129 0.00 0.794
Rp 37,411 Rp 51,773 -0.014 0.00 0.606
Rp 460,088 Rp 76,952 0.198 0.00 1.481
Rp 378,913 Rp 110,468 0.165 0.00 1.242
-Rp 92,849 -Rp 69,489 0.038 0.00 0.512
-Rp 18,396 -Rp 50,254 0.105 0.00 1.670
Rp 374,508 Rp 150,158 -0.035 0.00 1.703
Rp 2,466,714 Rp 3,531,229 0.099 0.00 1.611
Rp 3,436,301 Rp 2,688,370 0.079 0.00 0.854
-Rp 1,625,048 Rp 534,785 0.029 0.00 0.532
Rp 193,572 Rp 292,055 0.253 0.00 1.151
Rp 427,224 Rp 956,757 0.083 0.00 1.452
Rp 807,890 Rp 1,486,766 0.132 0.00 1.326
Rp 315,977 Rp 951,131 0.001 0.00 1.328
Rp 121,842 Rp 51,360 0.175 0.00 1.555
Rp 46,134 -Rp 9,339 -0.047 0.00 1.030
Rp 1,150,778 Rp 3,569,702 0.422 0.00 2.461
-Rp 73,173 Rp 217,938 0.114 0.00 1.061
Rp 179,618 Rp 211,887 0.166 0.00 1.239
ΔSt /At-1 ABN CFO
-0.014 -0.2932531614
-0.076 -0.2716581359
-0.002 -0.42120708
0.183 -0.2996362373 SUMMARY OUTPUT
-0.001 -0.024952249
-0.528 -0.3623430037 Regression Statistics
-1.962 -3.5896691998 Multiple R 0.0924214041
-0.222 -0.5908747619 R Square 0.0085417159
0.505 -0.1184489522 Adjusted R Square -0.0151322251
0.008 -0.3460840186 Standard Error 6.8829346431
0.022 -0.5765751757 Observations 129
-0.053 0.1741463263
0.012 -0.1867409319 ANOVA
0.034 -0.554753162 df SS
-0.173 -0.7425164595 Regression 3 51.4266832239
0.046 -0.7049554531 Residual 126 5969.223451991
-0.140 72.8421486322 Total 129 6020.650135215
-0.089 -0.5899412408
0.159 0.091651014 Coefficients Standard Error
0.034 -0.3124341441 Intercept 0 #N/A
-0.006 -0.1360038033 X Variable 1 -128025.003661 349279.3415459
-0.037 -0.4521728048 X Variable 2 0.5863912856 0.6002120803
-0.074 -0.4329846346 X Variable 3 -1.1769871519 1.5101563185
-0.058 -0.4809976377
-0.091 -0.4287290148
-0.023 -0.5155249655
0.097 -0.4433864281 RESIDUAL OUTPUT
-0.063 -0.4068968994
-0.018 1.0331324367 Observation Predicted Y Residuals
-0.615 -0.3787024722 1 0.324288487 -0.2932531614
0.207 -0.7902927499 2 0.4464610025 -0.2716581359
0.063 -0.5302141616 3 0.5141684028 -0.42120708
0.005 -0.3795833797 4 0.4163112924 -0.2996362373
0.118 -0.2674937517 5 0.5687882908 -0.024952249
0.164 -0.4068595401 6 0.4397002367 -0.3623430037
0.119 -0.5532216768 7 3.5779283305 -3.5896691998
0.042 -0.5863092023 8 0.5619219131 -0.5908747619
0.114 -0.7232304792 9 0.1710537932 -0.1184489522
0.169 -0.1454576685 10 0.4407497363 -0.3460840186
0.038 -0.4026559128 11 0.6050749855 -0.5765751757
0.138 -0.8854793791 12 -0.1551609382 0.1741463263
0.181 -0.2616742113 13 0.4318918332 -0.1867409319
0.004 -0.6616392928 14 1.0302996148 -0.554753162
0.013 -0.2411174437 15 0.9708583349 -0.7425164595
-0.088 -0.2967351524 16 0.7868792029 -0.7049554531
0.014 -0.3874063492 17 0.5615981447 72.8421486322
-0.152 -0.4982608793 18 0.6030035952 -0.5899412408
-0.398 -1.0471003911 19 -0.1767787572 0.091651014
-0.125 0.1691177541 20 0.3535434976 -0.3124341441
2.783 -0.4219242516 21 0.0861696258 -0.1360038033
-0.132 -0.3488106778 22 0.5124170379 -0.4521728048
-0.075 -0.6711883812 23 0.5443701964 -0.4329846346
0.012 -0.4491126681 24 0.5147958355 -0.4809976377
-0.287 -0.7718921874 25 0.4771990932 -0.4287290148
-0.009 0.2593316729 26 0.4012178497 -0.5155249655
0.095 -0.1982646864 27 0.7484049929 -0.4433864281
0.148 -0.8223887435 28 0.5213633042 -0.4068968994
0.301 -0.3575492314 29 0.2389782885 1.0331324367
0.330 -0.3466450765 30 0.7468783334 -0.3787024722
0.140 1.8705455626 31 0.8246932672 -0.7902927499
0.131 -0.0047594431 32 0.7571306192 -0.5302141616
-0.055 0.0198835981 33 0.4285349081 -0.3795833797
0.142 -0.170571271 34 0.3216288406 -0.2674937517
0.055 0.0353008761 35 0.6466282552 -0.4068595401
0.076 -0.3520211475 36 0.6919779349 -0.5532216768
-0.013 -0.36797457 37 0.7838284773 -0.5863092023
-0.123 0.5368303263 38 0.7825145398 -0.7232304792
-0.009 -0.2603551726 39 0.4319488682 -0.1454576685
0.033 -0.2805079373 40 0.4042787005 -0.4026559128
0.035 -0.3996628412 41 1.3265686977 -0.8854793791
0.092 -0.3135969551 42 0.3134446242 -0.2616742113
-0.096 -0.2321404179 43 0.7342380333 -0.6616392928
-0.505 -0.1500987008 44 0.2978998418 -0.2411174437
0.097 -0.6193541738 45 0.4250391834 -0.2967351524
0.311 -0.5128142497 46 0.4653971109 -0.3874063492
0.029 -0.3122457014 47 0.6236131998 -0.4982608793
0.059 -0.2888528528 48 1.0695714594 -1.0471003911
0.083 -0.4228661213 49 -0.1177580794 0.1691177541
0.152 -0.5748557224 50 0.5087331682 -0.4219242516
0.109 -0.5346739337 51 0.4225310035 -0.3488106778
0.277 -0.5712778118 52 0.5586080491 -0.6711883812
0.080 -0.5836974858 53 0.4583485724 -0.4491126681
-0.014 -0.4315135042 54 0.8079780413 -0.7718921874
0.227 -0.7929730211 55 -0.2078640046 0.2593316729
0.334 -0.0257593386 56 0.4150774945 -0.1982646864
0.102 -0.4034742619 57 0.9768451146 -0.8223887435
-0.004 -0.235027944 58 0.5234310451 -0.3575492314
-0.031 -0.2204902294 59 0.5150530698 -0.3466450765
0.029 -0.3017590401 60 0.411982244 1.8705455626
0.040 -0.2336483876 61 0.320323998 -0.0047594431
0.475 -0.5037920881 62 0.0416021454 0.0198835981
0.409 0.5535428913 63 0.2924735306 -0.170571271
5.718 -0.6557235151 64 0.038825192 0.0353008761
0.375 24.904507186 65 0.4259008374 -0.3520211475
-0.227 -0.5627270253 66 0.447046422 -0.36797457
0.063 -0.4075510064 67 0.4942378663 0.5368303263
0.244 -0.2565066629 68 0.3360957573 -0.2603551726
-0.016 0.1799921305 69 0.2718009361 -0.2805079373
0.107 -0.1559376295 70 0.6621919614 -0.3996628412
-0.026 -0.3329336996 71 0.3824456298 -0.3135969551
-0.070 -0.6075409929 72 0.2906761384 -0.2321404179
0.459 -0.7159827454 73 0.3218880095 -0.1500987008
0.009 -0.5204851472 74 0.8662772611 -0.6193541738
0.170 -0.1560878997 75 0.5709408975 -0.5128142497
-0.014 0.0355922635 76 0.390384477 -0.3122457014
0.074 -0.3605884533 77 0.3400150947 -0.2888528528
-0.082 -0.127385616 78 0.6429534378 -0.4228661213
0.051 -0.448169421 79 0.6530858258 -0.5748557224
0.095 -0.2597777548 80 0.6923672194 -0.5346739337
0.012 -0.3556100021 81 0.6289363203 -0.5712778118
0.134 -0.1276449665 82 0.6519578661 -0.5836974858
0.021 -0.2721232239 83 0.4390585921 -0.4315135042
0.204 -0.3738573474 84 1.2179089633 -0.7929730211
0.294 -0.1176857627 85 0.2081714974 -0.0257593386
-0.138 -0.2344898733 86 0.5303627435 -0.4034742619
-0.200 0.2814635252 87 0.2764416207 -0.235027944
0.200 -0.7297714506 88 0.3127539603 -0.2204902294
0.191 -0.6113304894 89 0.3560890994 -0.3017590401
0.042 -0.3708754598 90 0.3968673662 -0.2336483876
-0.176 -0.4757610658 91 0.3303769476 -0.5037920881
0.046 -0.3380256777 92 -0.4590382607 0.5535428913
0.065 -0.6732777619 93 0.6288017332 -0.6557235151
0.053 -0.5745039386 94 0.0299955092 24.904507186
0.069 -0.6694616605 95 0.6010868255 -0.5627270253
0.164 -0.3722075285 96 0.411193543 -0.4075510064
0.065 -0.3939935245 97 0.3099084658 -0.2565066629
0.069 -0.9327548166 98 -0.1934794958 0.1799921305
-0.095 -0.454096484 99 0.2293958677 -0.1559376295
0.082 -0.4044960737 100 0.3372651102 -0.3329336996
101 0.8080120202 -0.6075409929
102 0.6504290006 -0.7159827454
103 0.4993045742 -0.5204851472
104 0.2858091012 -0.1560878997
105 -0.0183266537 0.0355922635
106 0.4216259862 -0.3605884533
107 0.1408963082 -0.127385616
108 0.4751487263 -0.448169421
109 0.3487010139 -0.2597777548
110 0.3321401011 -0.3556100021
111 0.2569210411 -0.1276449665
112 0.2584502196 -0.2721232239
113 0.5716770517 -0.3738573474
114 0.2828303327 -0.1176857627
115 0.2725679789 -0.2344898733
116 -0.1764125153 0.2814635252
117 0.6945730827 -0.7297714506
118 0.7100372255 -0.6113304894
119 0.4500703659 -0.3708754598
120 0.5046227952 -0.4757610658
121 0.5910253599 -0.3380256777
122 0.7559045379 -0.6732777619
123 0.7064042941 -0.5745039386
124 0.6705979054 -0.6694616605
125 0.5468453324 -0.3722075285
126 0.3474373149 -0.3939935245
127 1.3543474707 -0.9327548166
128 0.567713925 -0.454096484
129 0.5709451303 -0.4044960737
MS F Significance F
17.1422277413 0.3618428281 0.7806605694
47.3747893015
t Stat P-value Lower 95% Upper 95% Lower 95,0% Upper 95,0%
#N/A #N/A #N/A #N/A #N/A #N/A
-0.3665404404 0.7145766238 -819238.552463 563188.545141 -819238.552463 563188.545141
0.9769734813 0.3304543021 -0.6014107763 1.7741933476 -0.6014107763 1.7741933476
-0.7793810068 0.4372167352 -4.1655421107 1.8115678069 -4.1655421107 1.8115678069
Standard Residuals
-0.0431100612
-0.0399354565
-0.0619200929
-0.0440484136
-0.0036681377
-0.0532667031
-0.527703975
-0.0868623105
-0.0174127418
-0.0508765299
-0.0847601813
0.0256006065
-0.0274520928
-0.0815522079
-0.1091545949
-0.1036328904
10.7082545052
-0.086725077
0.0134732761
-0.0459297864
-0.0199934154
-0.0664722495
-0.0636514676
-0.0707096814
-0.0630258647
-0.075785416
-0.0651805968
-0.0598164063
0.1518769734
-0.0556716479
-0.1161780104
-0.0779448203
-0.0558011469
-0.0393232658
-0.0598109142
-0.0813270699
-0.0861911445
-0.1063194343
-0.0213831932
-0.0591929545
-0.1301710442
-0.0384677567
-0.0972651421
-0.0354457824
-0.0436219358
-0.0569511727
-0.0732474866
-0.1539303506
0.0248613747
-0.0620255217
-0.051277366
-0.0986689182
-0.0660223901
-0.1134730118
0.0381233888
-0.0291461573
-0.1208963235
-0.0525619884
-0.0509590089
0.2749819757
-0.0006996681
0.0029230141
-0.0250750508
0.0051894511
-0.0517493252
-0.0540945788
0.0789174382
-0.0382738497
-0.041236433
-0.0587529542
-0.046100727
-0.0341261031
-0.0220654541
-0.0910489634
-0.0753869237
-0.0459020842
-0.0424631881
-0.0621639824
-0.0845074108
-0.0786004349
-0.0839814354
-0.0858072057
-0.0634352022
-0.1165720271
-0.003786785
-0.059313257
-0.0345505876
-0.0324134521
-0.0443604789
-0.0343477842
-0.0740606091
0.0813742905
-0.0963954855
3.6611193695
-0.082724416
-0.0599125641
-0.0377080946
0.0264599765
-0.0229238134
-0.0489433502
-0.0893123514
-0.1052539718
-0.0765145939
-0.0229459041
0.0052322868
-0.0530087731
-0.0187264877
-0.0658837268
-0.0381889657
-0.0522769094
-0.0187646138
-0.0400038274
-0.0549593841
-0.0173005481
-0.0344714879
0.0413769105
-0.1072809983
-0.0898694312
-0.0545210278
-0.0699398723
-0.049691903
-0.0989760703
-0.0844556964
-0.0984150794
-0.0547168503
-0.0579195289
-0.1371208312
-0.0667550424
-0.0594634698
(dalam jutaan rupiah) aset total thn sblmnya
NO KODE TAHUN PROD t At-1

1 SMCB 2015 Rp 7,063,066 Rp 17,199,304
2 INTP 2015 Rp 9,111,195 Rp 28,884,635
3 AMFG 2015 Rp 2,853,377 Rp 3,946,125
4 TOTO 2015 Rp 1,813,516 Rp 2,062,386
5 ALMI 2015 Rp 2,897,234 Rp 3,217,113
6 LMSH 2015 Rp 162,445 Rp 141,034
7 ALKA 2015 Rp 75,418 Rp 245,297
8 GDST 2015 Rp 684,861 Rp 1,357,932
9 INAI 2015 Rp 1,183,518 Rp 893,663
10 PICO 2015 Rp 619,874 Rp 626,626
11 BAJA 2015 Rp 1,186,362 Rp 959,445
12 DPNS 2015 Rp 69,982 Rp 268,891
13 EKAD 2015 Rp 345,764 Rp 411,726
14 BRNA 2015 Rp 1,047,926 Rp 581,020
15 IGAR 2015 Rp 566,025 Rp 350,619
16 CPIN 2015 Rp 22,486,060 Rp 20,841,795
17 SIPD 2015 Rp 1,938,896 Rp 2,800,914
18 FASW 2015 Rp 4,646,468 Rp 5,581,000
19 KBRI 2015 Rp 55,713 Rp 1,298,895
20 SPMA 2015 Rp 1,375,498 Rp 2,091,957
21 KRAH 2015 Rp 251,904 Rp 480,333
22 AUTO 2015 Rp 7,175,664 Rp 14,387,568
23 ASII 2015 Rp 153,899,000 Rp 236,027,000
24 IMAS 2015 Rp 94,794 Rp 23,473,796
25 INDS 2015 Rp 1,505,484 Rp 2,282,666
26 NIPS 2015 Rp 816,960 Rp 1,206,854
27 SMSM 2015 Rp 1,840,011 Rp 1,757,634
28 RICY 2015 Rp 707,921 Rp 1,172,012
29 SSTM 2015 Rp 436,187 Rp 773,663
30 BIMA 2015 Rp 133,446 Rp 104,537
31 KBLI 2015 Rp 2,279,052 Rp 1,340,881
32 MYOR 2015 Rp 10,351,786 Rp 10,297,997
33 INDF 2015 Rp 42,045,744 Rp 86,077,251
34 AISA 2015 Rp 4,737,175 Rp 7,373,868
35 ULTJ 2015 Rp 3,089,524 Rp 2,918,133
36 TSPC 2015 Rp 1,928,456 Rp 5,609,556
37 KLBF 2015 Rp 5,015,206 Rp 12,439,267
38 KAEF 2015 Rp 742,058 Rp 2,968,184
39 MERK 2015 Rp 306,477 Rp 711,055
40 MBTO 2015 Rp 333,346 Rp 623,002
41 UNVR 2015 Rp 17,107,280 Rp 14,280,670
42 ADES 2015 Rp 339,870 Rp 502,990
43 TCID 2015 Rp 1,344,196 Rp 1,663,679
44 SMCB 2016 Rp 7,520,139 Rp 17,321,565
45 INTP 2016 Rp 8,287,437 Rp 27,638,360
46 AMFG 2016 Rp 2,923,621 Rp 4,270,275
47 TOTO 2016 Rp 1,657,964 Rp 2,439,540
48 ALMI 2016 Rp 2,397,083 Rp 2,189,037
49 LMSH 2016 Rp 141,984 Rp 133,782
50 ALKA 2016 Rp 51,548 Rp 144,628
51 GDST 2016 Rp 541,917 Rp 1,183,934
52 INAI 2016 Rp 1,107,135 Rp 1,330,259
53 PICO 2016 Rp 624,880 Rp 605,788
54 BAJA 2016 Rp 962,924 Rp 948,682
55 DPNS 2016 Rp 68,008 Rp 274,483
56 EKAD 2016 Rp 371,201 Rp 389,691
57 BRNA 2016 Rp 1,119,514 Rp 584,029
58 IGAR 2016 Rp 651,392 Rp 383,936
59 CPIN 2016 Rp 25,696,359 Rp 24,684,915
60 SIPD 2016 Rp 1,994,254 Rp 2,246,770
61 FASW 2016 Rp 4,547,946 Rp 6,993,634
62 KBRI 2016 Rp 47,557 Rp 1,455,931
63 SPMA 2016 Rp 1,625,910 Rp 2,185,464
64 KRAH 2016 Rp 251,416 Rp 533,537
65 AUTO 2016 Rp 7,511,120 Rp 14,339,110
66 ASII 2016 Rp 150,487,000 Rp 245,435,000
67 IMAS 2016 Rp 86,389 Rp 24,860,957
68 INDS 2016 Rp 1,337,066 Rp 2,553,928
69 NIPS 2016 Rp 856,917 Rp 1,547,720
70 SMSM 2016 Rp 1,896,768 Rp 2,220,108
71 RICY 2016 Rp 798,589 Rp 1,198,193
72 SSTM 2016 Rp 375,060 Rp 721,884
73 BIMA 2016 Rp 107,124 Rp 99,558
74 KBLI 2016 Rp 2,199,781 Rp 1,551,799
75 MYOR 2016 Rp 13,964,504 Rp 11,342,715
76 INDF 2016 Rp 43,223,421 Rp 91,831,526
77 AISA 2016 Rp 4,862,377 Rp 9,060,979
78 ULTJ 2016 Rp 3,081,688 Rp 3,539,995
79 TSPC 2016 Rp 2,077,657 Rp 6,284,729
80 KLBF 2016 Rp 5,487,320 Rp 13,696,417
81 KAEF 2016 Rp 785,778 Rp 3,434,879
82 MERK 2016 Rp 411,321 Rp 641,646
83 MBTO 2016 Rp 314,012 Rp 648,899
84 UNVR 2016 Rp 17,940,490 Rp 15,729,945
85 ADES 2016 Rp 435,134 Rp 653,224
86 TCID 2016 Rp 1,666,954 Rp 2,082,096
87 SMCB 2017 Rp 7,572,670 Rp 19,763,133
88 INTP 2017 Rp 8,986,989 Rp 30,150,580
89 AMFG 2017 Rp 3,424,416 Rp 5,504,890
90 TOTO 2017 Rp 1,587,121 Rp 2,581,440
91 ALMI 2017 Rp 3,422,470 Rp 2,153,030
92 LMSH 2017 Rp 196,829 Rp 162,828
93 ALKA 2017 Rp 113,831 Rp 136,618
94 GDST 2017 Rp 1,001,446 Rp 1,257,609
95 INAI 2017 Rp 792,648 Rp 1,339,032
96 PICO 2017 Rp 651,620 Rp 638,566
97 BAJA 2017 Rp 1,245,840 Rp 982,626
98 DPNS 2017 Rp 64,479 Rp 296,129
99 EKAD 2017 Rp 487,482 Rp 702,508
100 BRNA 2017 Rp 1,174,573 Rp 2,088,696
101 IGAR 2017 Rp 639,027 Rp 439,465
102 CPIN 2017 Rp 28,122,830 Rp 24,204,994
103 SIPD 2017 Rp 2,186,147 Rp 2,567,211
104 FASW 2017 Rp 5,948,869 Rp 8,583,223
105 KBRI 2017 Rp 45,100 Rp 1,263,726
106 SPMA 2017 Rp 1,749,343 Rp 2,158,852
107 KRAH 2017 Rp 255,896 Rp 598,711
108 AUTO 2017 Rp 8,311,845 Rp 14,612,274
109 ASII 2017 Rp 168,656,000 Rp 261,855,000
110 IMAS 2017 Rp 109,138 Rp 25,633,342
111 INDS 2017 Rp 1,523,879 Rp 2,477,272
112 NIPS 2017 Rp 873,550 Rp 1,777,956
113 SMSM 2017 Rp 2,271,861 Rp 2,254,740
114 RICY 2017 Rp 1,072,000 Rp 1,288,683
115 SSTM 2017 Rp 342,670 Rp 670,963
116 BIMA 2017 Rp 87,058 Rp 92,041
117 KBLI 2017 Rp 2,933,909 Rp 1,871,422
118 MYOR 2017 Rp 15,432,073 Rp 12,922,421
119 INDF 2017 Rp 45,641,509 Rp 82,174,515
120 AISA 2017 Rp 4,294,396 Rp 9,254,539
121 ULTJ 2017 Rp 3,086,431 Rp 4,239,199
122 INAF 2017 Rp 284,055 Rp 6,585,807
123 KLBF 2017 Rp 5,723,547 Rp 15,226,009
124 KAEF 2017 Rp 980,721 Rp 4,612,562
125 MERK 2017 Rp 373,370 Rp 743,934
126 MBTO 2017 Rp 342,994 Rp 709,959
127 UNVR 2017 Rp 18,247,949 Rp 16,745,695
128 ADES 2017 Rp 353,705 Rp 767,479
129 TCID 2017 Rp 1,626,675 Rp 2,185,101
aset total thn skrg total sales thn sblmnya total sales thn skrg total sales pada tahun t-2
At St-1 St St-2
Rp 17,321,565 Rp 9,483,612 Rp 9,239,022 Rp 9,686,262
Rp 27,638,360 Rp 19,996,264 Rp 17,798,055 Rp 18,691,286
Rp 4,270,275 Rp 3,672,186 Rp 3,665,989 Rp 3,261,480
Rp 2,439,540 Rp 2,062,386 Rp 2,439,540 Rp 1,711,306
Rp 2,189,037 Rp 3,336,087 Rp 3,333,329 Rp 2,871,313
Rp 133,782 Rp 249,072 Rp 174,598 Rp 256,210
Rp 144,628 Rp 1,230,364 Rp 749,146 Rp 1,099,620
Rp 1,183,934 Rp 1,215,611 Rp 913,792 Rp 1,410,117
Rp 1,330,259 Rp 933,462 Rp 1,384,675 Rp 640,702
Rp 605,788 Rp 694,332 Rp 699,310 Rp 684,448
Rp 948,682 Rp 1,229,844 Rp 1,251,193 Rp 1,052,131
Rp 274,483 Rp 132,775 Rp 118,475 Rp 131,333
Rp 389,691 Rp 526,573 Rp 531,537 Rp 418,668
Rp 584,029 Rp 1,258,841 Rp 1,278,353 Rp 960,999
Rp 383,936 Rp 737,863 Rp 677,331 Rp 643,403
Rp 24,684,915 Rp 29,150,275 Rp 30,107,727 Rp 25,662,992
Rp 2,246,770 Rp 2,505,575 Rp 2,113,148 Rp 3,854,271
Rp 6,993,634 Rp 5,456,935 Rp 4,959,998 Rp 4,960,825
Rp 1,455,931 Rp 34,719 Rp 241,207 Rp 11,868
Rp 2,185,464 Rp 1,550,810 Rp 1,621,516 Rp 1,395,838
Rp 533,537 Rp 286,048 Rp 283,205 Rp 307,864
Rp 14,339,110 Rp 12,255,427 Rp 11,723,787 Rp 10,701,988
Rp 245,435,000 Rp 201,701,000 Rp 184,196,000 Rp 193,880,000
Rp 24,860,957 Rp 19,458,165 Rp 18,099,979 Rp 20,094,736
Rp 2,553,928 Rp 1,866,977 Rp 1,659,505 Rp 1,702,447
Rp 1,547,720 Rp 1,015,868 Rp 987,862 Rp 911,064
Rp 2,220,108 Rp 2,632,860 Rp 2,802,924 Rp 2,381,889
Rp 1,198,193 Rp 1,185,443 Rp 1,111,051 Rp 984,185
Rp 721,884 Rp 519,854 Rp 506,180 Rp 573,748
Rp 99,558 Rp 286,688 Rp 222,363 Rp 279,150
Rp 1,551,799 Rp 2,384,078 Rp 2,662,038 Rp 2,572,350
Rp 11,342,715 Rp 14,169,088 Rp 14,818,730 Rp 12,017,837
Rp 91,831,526 Rp 63,594,452 Rp 64,061,947 Rp 55,623,657
Rp 9,060,979 Rp 5,139,974 Rp 6,010,895 Rp 4,056,735
Rp 3,539,995 Rp 3,916,789 Rp 4,393,932 Rp 3,460,231
Rp 6,284,729 Rp 7,512,115 Rp 8,181,481 Rp 6,854,889
Rp 13,696,417 Rp 17,368,532 Rp 17,887,464 Rp 16,002,131
Rp 3,434,879 Rp 4,521,024 Rp 4,860,371 Rp 4,348,073
Rp 641,646 Rp 863,207 Rp 983,446 Rp 1,193,952
Rp 648,899 Rp 671,398 Rp 694,782 Rp 641,284
Rp 15,729,945 Rp 34,511,534 Rp 36,484,030 Rp 30,757,435
Rp 653,224 Rp 578,784 Rp 669,725 Rp 502,524
Rp 2,082,096 Rp 2,308,203 Rp 2,314,889 Rp 2,027,899
Rp 19,763,133 Rp 9,239,022 Rp 9,458,403 Rp 9,483,612
Rp 30,150,580 Rp 17,798,055 Rp 15,361,894 Rp 19,996,264
Rp 5,504,890 Rp 3,665,989 Rp 3,724,075 Rp 3,672,186
Rp 2,581,440 Rp 2,439,540 Rp 2,069,017 Rp 2,062,386
Rp 2,153,030 Rp 3,333,329 Rp 2,461,800 Rp 3,336,087
Rp 162,828 Rp 174,598 Rp 157,855 Rp 249,072
Rp 136,618 Rp 749,146 Rp 1,151,605 Rp 1,230,364
Rp 1,257,609 Rp 913,792 Rp 757,282 Rp 1,215,611
Rp 1,339,032 Rp 1,384,675 Rp 1,284,510 Rp 933,462
Rp 638,566 Rp 699,310 Rp 706,730 Rp 694,332
Rp 982,626 Rp 1,251,193 Rp 978,840 Rp 1,229,844
Rp 296,129 Rp 118,475 Rp 115,940 Rp 132,775
Rp 702,508 Rp 531,537 Rp 568,638 Rp 526,573
Rp 2,088,696 Rp 1,278,353 Rp 1,364,849 Rp 1,258,841
Rp 439,465 Rp 677,331 Rp 792,794 Rp 737,863
Rp 24,204,994 Rp 30,107,727 Rp 38,256,857 Rp 29,150,275
Rp 2,567,211 Rp 2,113,148 Rp 2,427,199 Rp 2,505,575
Rp 8,583,223 Rp 4,959,998 Rp 5,874,745 Rp 5,456,935
Rp 1,263,726 Rp 241,207 Rp 161,367 Rp 34,719
Rp 2,158,852 Rp 1,621,516 Rp 1,932,435 Rp 1,550,810
Rp 598,711 Rp 283,205 Rp 312,547 Rp 286,048
Rp 14,612,274 Rp 11,723,787 Rp 12,806,867 Rp 12,255,427
Rp 261,855,000 Rp 184,196,000 Rp 181,084,000 Rp 201,701,000
Rp 25,633,342 Rp 18,099,979 Rp 15,049,532 Rp 19,458,165
Rp 2,477,272 Rp 1,659,505 Rp 1,637,036 Rp 1,866,977
Rp 1,777,956 Rp 987,862 Rp 1,039,635 Rp 1,015,868
Rp 2,254,740 Rp 2,802,924 Rp 2,879,876 Rp 2,632,860
Rp 1,288,683 Rp 1,111,051 Rp 1,221,519 Rp 1,185,443
Rp 670,963 Rp 506,180 Rp 436,691 Rp 519,854
Rp 92,041 Rp 222,363 Rp 172,109 Rp 286,688
Rp 1,871,422 Rp 2,662,038 Rp 2,812,196 Rp 2,384,078
Rp 12,922,421 Rp 14,818,730 Rp 18,349,959 Rp 14,169,088
Rp 82,174,515 Rp 64,061,947 Rp 66,750,317 Rp 63,594,452
Rp 9,254,539 Rp 6,010,895 Rp 6,545,680 Rp 5,139,974
Rp 4,239,199 Rp 4,393,932 Rp 4,685,987 Rp 3,916,789
Rp 6,585,807 Rp 8,181,481 Rp 9,138,238 Rp 7,512,115
Rp 15,226,009 Rp 17,887,464 Rp 19,374,230 Rp 17,368,532
Rp 4,612,562 Rp 4,860,371 Rp 5,811,502 Rp 4,521,024
Rp 743,934 Rp 983,446 Rp 1,034,806 Rp 863,207
Rp 709,959 Rp 694,782 Rp 685,443 Rp 671,398
Rp 16,745,695 Rp 36,484,030 Rp 40,053,732 Rp 34,511,534
Rp 767,479 Rp 669,725 Rp 887,663 Rp 578,784
Rp 2,185,101 Rp 2,314,889 Rp 2,526,776 Rp 2,308,203
Rp 19,626,403 Rp 9,458,403 Rp 9,382,120 Rp 9,239,022
Rp 28,863,676 Rp 15,361,894 Rp 14,431,211 Rp 17,798,055
Rp 6,267,816 Rp 3,724,075 Rp 3,885,791 Rp 3,665,989
Rp 2,826,490 Rp 2,069,017 Rp 2,171,861 Rp 2,439,540
Rp 2,376,281 Rp 2,461,800 Rp 3,484,905 Rp 3,333,329
Rp 161,163 Rp 157,855 Rp 224,371 Rp 174,598
Rp 305,208 Rp 1,151,605 Rp 1,932,783 Rp 749,146
Rp 1,286,954 Rp 757,282 Rp 1,228,528 Rp 913,792
Rp 1,213,916 Rp 1,284,510 Rp 980,285 Rp 1,384,675
Rp 720,238 Rp 706,730 Rp 747,064 Rp 699,310
Rp 946,448 Rp 978,840 Rp 1,218,317 Rp 1,251,193
Rp 308,491 Rp 115,940 Rp 111,294 Rp 118,475
Rp 796,767 Rp 568,638 Rp 643,591 Rp 531,537
Rp 1,964,877 Rp 1,364,849 Rp 1,310,440 Rp 1,278,353
Rp 513,022 Rp 792,794 Rp 761,926 Rp 677,331
Rp 24,522,593 Rp 38,256,857 Rp 49,367,386 Rp 30,107,727
Rp 2,239,699 Rp 2,427,199 Rp 2,449,961 Rp 2,113,148
Rp 9,369,891 Rp 5,874,745 Rp 7,337,185 Rp 4,959,998
Rp 1,171,234 Rp 161,367 Rp 144,027 Rp 241,207
Rp 2,175,660 Rp 1,932,435 Rp 2,093,137 Rp 1,621,516
Rp 645,953 Rp 312,547 Rp 263,264 Rp 283,205
Rp 14,762,309 Rp 12,806,867 Rp 13,549,857 Rp 11,723,787
Rp 295,646,000 Rp 181,084,000 Rp 206,057,000 Rp 184,196,000
Rp 31,375,311 Rp 15,049,532 Rp 15,359,437 Rp 18,099,979
Rp 2,434,617 Rp 1,637,036 Rp 1,967,982 Rp 1,659,505
Rp 1,897,962 Rp 1,039,635 Rp 1,077,046 Rp 987,862
Rp 2,443,341 Rp 2,879,876 Rp 3,339,964 Rp 2,802,924
Rp 1,374,444 Rp 1,221,519 Rp 1,600,432 Rp 1,111,051
Rp 605,643 Rp 436,691 Rp 343,842 Rp 506,180
Rp 89,327 Rp 172,109 Rp 153,713 Rp 222,363
Rp 3,013,760 Rp 2,812,196 Rp 3,186,704 Rp 2,662,038
Rp 14,915,849 Rp 18,349,959 Rp 20,816,673 Rp 14,818,730
Rp 87,939,488 Rp 66,750,317 Rp 70,186,618 Rp 64,061,947
Rp 8,724,734 Rp 6,545,680 Rp 4,920,632 Rp 6,010,895
Rp 5,186,940 Rp 4,685,987 Rp 4,879,559 Rp 4,393,932
Rp 7,434,900 Rp 9,138,238 Rp 9,565,462 Rp 8,181,481
Rp 16,616,239 Rp 19,374,230 Rp 20,182,120 Rp 17,887,464
Rp 6,096,148 Rp 5,811,502 Rp 6,127,479 Rp 4,860,371
Rp 847,006 Rp 1,034,806 Rp 1,156,648 Rp 983,446
Rp 780,669 Rp 685,443 Rp 731,577 Rp 694,782
Rp 18,906,413 Rp 40,053,732 Rp 41,204,510 Rp 36,484,030
Rp 840,236 Rp 887,663 Rp 814,490 Rp 669,725
Rp 2,361,807 Rp 2,526,776 Rp 2,706,394 Rp 2,314,889
sales tahun t dikurangi sales t-1 sales thn t-1 dikurang sales t-2
ΔSt ΔSt-1
(St) - (St-1) (St-1)-(St-2) PRODt/At-1 1/ At-1 St/At-1
-Rp 244,590 -Rp 202,650 0.411 0.00 0.537
-Rp 2,198,209 Rp 1,304,978 0.315 0.00 0.616
-Rp 6,197 Rp 410,706 0.723 0.00 0.929
Rp 377,154 Rp 351,080 0.879 0.00 1.183
-Rp 2,758 Rp 464,774 0.901 0.00 1.036
-Rp 74,474 -Rp 7,138 1.152 0.00 1.238
-Rp 481,218 Rp 130,744 0.307 0.00 3.054
-Rp 301,819 -Rp 194,506 0.504 0.00 0.673
Rp 451,213 Rp 292,760 1.324 0.00 1.549
Rp 4,978 Rp 9,884 0.989 0.00 1.116
Rp 21,349 Rp 177,713 1.237 0.00 1.304
-Rp 14,300 Rp 1,442 0.260 0.00 0.441
Rp 4,964 Rp 107,905 0.840 0.00 1.291
Rp 19,512 Rp 297,842 1.804 0.00 2.200
-Rp 60,532 Rp 94,460 1.614 0.00 1.932
Rp 957,452 Rp 3,487,283 1.079 0.00 1.445
-Rp 392,427 -Rp 1,348,696 0.692 0.00 0.754
-Rp 496,937 Rp 496,110 0.833 0.00 0.889
Rp 206,488 Rp 22,851 0.043 0.00 0.186
Rp 70,706 Rp 154,972 0.658 0.00 0.775
-Rp 2,843 -Rp 21,816 0.524 0.00 0.590
-Rp 531,640 Rp 1,553,439 0.499 0.00 0.815
-Rp 17,505,000 Rp 7,821,000 0.652 0.00 0.780
-Rp 1,358,186 -Rp 636,571 0.004 0.00 0.771
-Rp 207,472 Rp 164,530 0.660 0.00 0.727
-Rp 28,006 Rp 104,804 0.677 0.00 0.819
Rp 170,064 Rp 250,971 1.047 0.00 1.595
-Rp 74,392 Rp 201,258 0.604 0.00 0.948
-Rp 13,674 -Rp 53,894 0.564 0.00 0.654
-Rp 64,325 Rp 7,538 1.277 0.00 2.127
Rp 277,960 -Rp 188,272 1.700 0.00 1.985
Rp 649,642 Rp 2,151,251 1.005 0.00 1.439
Rp 467,495 Rp 7,970,795 0.488 0.00 0.744
Rp 870,921 Rp 1,083,239 0.642 0.00 0.815
Rp 477,143 Rp 456,558 1.059 0.00 1.506
Rp 669,366 Rp 657,226 0.344 0.00 1.458
Rp 518,932 Rp 1,366,401 0.403 0.00 1.438
Rp 339,347 Rp 172,951 0.250 0.00 1.637
Rp 120,239 -Rp 330,745 0.431 0.00 1.383
Rp 23,384 Rp 30,114 0.535 0.00 1.115
Rp 1,972,496 Rp 3,754,099 1.198 0.00 2.555
Rp 90,941 Rp 76,260 0.676 0.00 1.331
Rp 6,686 Rp 280,304 0.808 0.00 1.391
Rp 219,381 -Rp 244,590 0.434 0.00 0.546
-Rp 2,436,161 -Rp 2,198,209 0.300 0.00 0.556
Rp 58,086 -Rp 6,197 0.685 0.00 0.872
-Rp 370,523 Rp 377,154 0.680 0.00 0.848
-Rp 871,529 -Rp 2,758 1.095 0.00 1.125
-Rp 16,743 -Rp 74,474 1.061 0.00 1.180
Rp 402,459 -Rp 481,218 0.356 0.00 7.963
-Rp 156,510 -Rp 301,819 0.458 0.00 0.640
-Rp 100,165 Rp 451,213 0.832 0.00 0.966
Rp 7,420 Rp 4,978 1.032 0.00 1.167
-Rp 272,353 Rp 21,349 1.015 0.00 1.032
-Rp 2,535 -Rp 14,300 0.248 0.00 0.422
Rp 37,101 Rp 4,964 0.953 0.00 1.459
Rp 86,496 Rp 19,512 1.917 0.00 2.337
Rp 115,463 -Rp 60,532 1.697 0.00 2.065
Rp 8,149,130 Rp 957,452 1.041 0.00 1.550
Rp 314,051 -Rp 392,427 0.888 0.00 1.080
Rp 914,747 -Rp 496,937 0.650 0.00 0.840
-Rp 79,840 Rp 206,488 0.033 0.00 0.111
Rp 310,919 Rp 70,706 0.744 0.00 0.884
Rp 29,342 -Rp 2,843 0.471 0.00 0.586
Rp 1,083,080 -Rp 531,640 0.524 0.00 0.893
-Rp 3,112,000 -Rp 17,505,000 0.613 0.00 0.738
-Rp 3,050,447 -Rp 1,358,186 0.003 0.00 0.605
-Rp 22,469 -Rp 207,472 0.524 0.00 0.641
Rp 51,773 -Rp 28,006 0.554 0.00 0.672
Rp 76,952 Rp 170,064 0.854 0.00 1.297
Rp 110,468 -Rp 74,392 0.666 0.00 1.019
-Rp 69,489 -Rp 13,674 0.520 0.00 0.605
-Rp 50,254 -Rp 64,325 1.076 0.00 1.729
Rp 150,158 Rp 277,960 1.418 0.00 1.812
Rp 3,531,229 Rp 649,642 1.231 0.00 1.618
Rp 2,688,370 Rp 467,495 0.471 0.00 0.727
Rp 534,785 Rp 870,921 0.537 0.00 0.722
Rp 292,055 Rp 477,143 0.871 0.00 1.324
Rp 956,757 Rp 669,366 0.331 0.00 1.454
Rp 1,486,766 Rp 518,932 0.401 0.00 1.415
Rp 951,131 Rp 339,347 0.229 0.00 1.692
Rp 51,360 Rp 120,239 0.641 0.00 1.613
-Rp 9,339 Rp 23,384 0.484 0.00 1.056
Rp 3,569,702 Rp 1,972,496 1.141 0.00 2.546
Rp 217,938 Rp 90,941 0.666 0.00 1.359
Rp 211,887 Rp 6,686 0.801 0.00 1.214
-Rp 76,283 Rp 219,381 0.383 0.00 0.475
-Rp 930,683 -Rp 2,436,161 0.298 0.00 0.479
Rp 161,716 Rp 58,086 0.622 0.00 0.706
Rp 102,844 -Rp 370,523 0.615 0.00 0.841
Rp 1,023,105 -Rp 871,529 1.590 0.00 1.619
Rp 66,516 -Rp 16,743 1.209 0.00 1.378
Rp 781,178 Rp 402,459 0.833 0.00 14.147
Rp 471,246 -Rp 156,510 0.796 0.00 0.977
-Rp 304,225 -Rp 100,165 0.592 0.00 0.732
Rp 40,334 Rp 7,420 1.020 0.00 1.170
Rp 239,477 -Rp 272,353 1.268 0.00 1.240
-Rp 4,646 -Rp 2,535 0.218 0.00 0.376
Rp 74,953 Rp 37,101 0.694 0.00 0.916
-Rp 54,409 Rp 86,496 0.562 0.00 0.627
-Rp 30,868 Rp 115,463 1.454 0.00 1.734
Rp 11,110,529 Rp 8,149,130 1.162 0.00 2.040
Rp 22,762 Rp 314,051 0.852 0.00 0.954
Rp 1,462,440 Rp 914,747 0.693 0.00 0.855
-Rp 17,340 -Rp 79,840 0.036 0.00 0.114
Rp 160,702 Rp 310,919 0.810 0.00 0.970
-Rp 49,283 Rp 29,342 0.427 0.00 0.440
Rp 742,990 Rp 1,083,080 0.569 0.00 0.927
Rp 24,973,000 -Rp 3,112,000 0.644 0.00 0.787
Rp 309,905 -Rp 3,050,447 0.004 0.00 0.599
Rp 330,946 -Rp 22,469 0.615 0.00 0.794
Rp 37,411 Rp 51,773 0.491 0.00 0.606
Rp 460,088 Rp 76,952 1.008 0.00 1.481
Rp 378,913 Rp 110,468 0.832 0.00 1.242
-Rp 92,849 -Rp 69,489 0.511 0.00 0.512
-Rp 18,396 -Rp 50,254 0.946 0.00 1.670
Rp 374,508 Rp 150,158 1.568 0.00 1.703
Rp 2,466,714 Rp 3,531,229 1.194 0.00 1.611
Rp 3,436,301 Rp 2,688,370 0.555 0.00 0.854
-Rp 1,625,048 Rp 534,785 0.464 0.00 0.532
Rp 193,572 Rp 292,055 0.728 0.00 1.151
Rp 427,224 Rp 956,757 0.043 0.00 1.452
Rp 807,890 Rp 1,486,766 0.376 0.00 1.326
Rp 315,977 Rp 951,131 0.213 0.00 1.328
Rp 121,842 Rp 51,360 0.502 0.00 1.555
Rp 46,134 -Rp 9,339 0.483 0.00 1.030
Rp 1,150,778 Rp 3,569,702 1.090 0.00 2.461
-Rp 73,173 Rp 217,938 0.461 0.00 1.061
Rp 179,618 Rp 211,887 0.744 0.00 1.239
ΔSt /At-1 ΔSt-1 /At-1 ABN PRODUCTION COST
-0.014 -0.012 0.1285552412
-0.076 0.045 -0.0603532514 SUMMARY OUTPUT
-0.002 0.104 0.25764392
0.183 0.170 0.4507789136 Regression Statistics
-0.001 0.144 0.38271127 Multiple R
-0.528 -0.051 0.1033206124 R Square
-1.962 0.533 -2.925713912 Adjusted R Square
-0.222 -0.143 -0.0268321556 Standard Error
0.505 0.328 1.0004117923 Observations
0.008 0.016 0.4446470989
0.022 0.185 0.6088623199 ANOVA
-0.053 0.005 0.0125371218
0.012 0.262 0.2181399957 Regression
0.034 0.513 0.7431156986 Residual
-0.173 0.269 0.5106411633 Total
0.046 0.167 0.3959160492
-0.140 -0.482 0.1867624802
-0.089 0.089 0.3097524523 Intercept
0.159 0.018 0.0940063456 X Variable 1
0.034 0.074 0.3014126322 X Variable 2
-0.006 -0.045 0.2340101208 X Variable 3
-0.037 0.108 0.0585136399 X Variable 4
-0.074 0.033 0.1951882553
-0.058 -0.027 -0.434206614
-0.091 0.072 0.217556624
-0.023 0.087 0.2508793621 RESIDUAL OUTPUT
0.097 0.143 0.3358252119
-0.063 0.172 0.0785483842 Observation
-0.018 -0.070 0.225969744 1
-0.615 0.072 -0.2804884725 2
0.207 -0.140 0.8877345341 3
0.063 0.209 0.3408666839 4
0.005 0.093 0.1205407894 5
0.118 0.147 0.3393604498 6
0.164 0.156 0.4500644071 7
0.119 0.117 -0.2813866714 8
0.042 0.110 -0.2806433631 9
0.114 0.058 -0.4692242934 10
0.169 -0.465 -0.1119874586 11
0.038 0.048 0.0173313137 12
0.138 0.263 0.0397190794 13
0.181 0.152 0.1787036014 14
0.004 0.168 0.1178080172 15
0.013 -0.014 0.1712343806 16
-0.088 -0.080 -0.0575533547 17
0.014 -0.001 0.2599125846 18
-0.152 0.155 0.1238505354 19
-0.398 -0.001 0.1821681882 20
-0.125 -0.557 0.3934053564 21
2.783 -3.327 -1.1900963762 22
-0.132 -0.255 0.0219757898 23
-0.075 0.339 0.2887772093 24
0.012 0.008 0.4655170659 25
-0.287 0.023 0.2500524665 26
-0.009 -0.052 0.0468544289 27
0.095 0.013 0.3177173329 28
0.148 0.033 0.8833624519 29
0.301 -0.158 0.9369438292 30
0.330 0.039 0.5539680447 31
0.140 -0.175 0.4687065381 32
0.131 -0.071 0.343624526 33
-0.055 0.142 -0.0660091101 34
0.142 0.032 0.4280179091 35
0.055 -0.005 0.2356392213 36
0.076 -0.037 0.1417680581 37
-0.013 -0.071 0.2307018476 38
-0.123 -0.055 -0.4089440673 39
-0.009 -0.081 0.1951443547 40
0.033 -0.018 0.2491107275 41
0.035 0.077 0.2367061297 42
0.092 -0.062 0.239582967 43
-0.096 -0.019 0.1383606601 44
-0.505 -0.646 -0.188698124 45
0.097 0.179 0.5981013541 46
0.311 0.057 0.6939035641 47
0.029 0.005 0.1315280042 48
0.059 0.096 0.2274337394 49
0.083 0.135 0.281380271 50
0.152 0.107 -0.2635849997 51
0.109 0.038 -0.2133725736 52
0.277 0.099 -0.3744568522 53
0.080 0.187 -0.0878841073 54
-0.014 0.036 -0.0504425234 55
0.227 0.125 0.0632523464 56
0.334 0.139 0.2873153799 57
0.102 0.003 0.2834118547 58
-0.004 0.011 0.141755145 59
-0.031 -0.081 0.0298279889 60
0.029 0.011 0.294541122 61
0.040 -0.144 0.2279493447 62
0.475 -0.405 1.193342831 63
0.409 -0.103 0.9089449748 64
5.718 2.946 -1.1653025061 65
0.375 -0.124 0.6386702656 66
-0.227 -0.075 0.0275205101 67
0.063 0.012 0.497202144 68
0.244 -0.277 0.8623809366 69
-0.016 -0.009 0.0335408938 70
0.107 0.053 0.3361170546 71
-0.026 0.041 0.2273863489 72
-0.070 0.263 0.5367966111 73
0.459 0.337 0.5455919955 74
0.009 0.122 0.3835402003 75
0.170 0.107 0.4155849366 76
-0.014 -0.063 -0.0299844484 77
0.074 0.144 0.3930104708 78
-0.082 0.049 0.1437529772 79
0.051 0.074 0.1490719297 80
0.095 -0.012 0.3327552594 81
0.012 -0.119 -0.2870832356 82
0.134 -0.009 0.3359217029 83
0.021 0.029 0.2090086642 84
0.204 0.034 0.4461304466 85
0.294 0.086 0.4722185497 86
-0.138 -0.104 0.1385354239 87
-0.200 -0.546 -0.0153298518 88
0.200 0.080 0.8925590708 89
0.191 0.273 0.556636427 90
0.042 0.033 0.1637145016 91
-0.176 0.058 0.0436012117 92
0.046 0.069 0.1922324141 93
0.065 0.145 -0.6267877909 94
0.053 0.098 -0.2416476281 95
0.069 0.206 -0.390816402 96
0.164 0.069 -0.1266367084 97
0.065 -0.013 0.0303896101 98
0.069 0.213 -0.0829055168 99
-0.095 0.284 -0.1458908941 100
0.082 0.097 0.1983402118 101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
Regression Statistics
0.814203859
0.6629279241
0.6468381942
0.4890217532
129
df SS MS F Significance F
4 58.7908726774 14.6977181694 61.4601419295 1.58739616E-28
125 29.8927843882 0.2391422751
129 88.6836570657
Coefficients Standard Error t Stat P-value Lower 95%

0 #N/A #N/A #N/A #N/A
-5464.49640715 25893.24651507 -0.2110394463 0.8332001544 -56710.4448564
0.5022098364 0.0442211139 11.3567884577 5.67241596E-21 0.4146907636
-0.880527016 0.1073284207 -8.2040433472 2.40838144E-13 -1.092943281
-0.0107278174 0.1074929709 -0.0998001758 0.920662851 -0.2234697478
Predicted Y Residuals Standard Residuals

0.2821047483 0.1285552412 0.2670554577
0.3757872183 -0.0603532514 -0.125375403
0.4654393579 0.25764392 0.535219057
0.4285501741 0.4507789136 0.93642988
0.5178582779 0.38271127 0.7950289106
1.0484938437 0.1033206124 0.2146340606
3.2331697716 -2.925713912 -6.0777597283
0.5311733155 -0.0268321556 -0.0557400345
0.323933067 1.0004117923 2.0782149881
0.5445777338 0.4446470989 0.9236918961
0.6276462866 0.6088623199 1.2648259533
0.2477244711 0.0125371218 0.0260441098
0.6216515161 0.2181399957 0.4531552027
1.0604814237 0.7431156986 1.5437184913
1.1037180129 0.5106411633 1.0607852959
0.6829766278 0.3959160492 0.8224599848
0.5054744111 0.1867624802 0.3879728213
0.5227987034 0.3097524523 0.6434672141
-0.051113733 0.0940063456 0.1952849795
0.3561047068 0.3014126322 0.6261424093
0.2904260517 0.2340101208 0.4861231586
0.4402269395 0.0585136399 0.1215538685
0.4568515537 0.1951882553 0.4054761856
0.4382449042 -0.434206614 -0.9020032551
0.4419721901 0.217556624 0.45194333
0.426054219 0.2508793621 0.521166638
0.7110429074 0.3358252119 0.6976297103
0.5254735883 0.0785483842 0.1631732358
0.3378248281 0.225969744 0.4694204051
1.557031706 -0.2804884725 -0.5826754063
0.8119330725 0.8877345341 1.84414381
0.6643565649 0.3408666839 0.7081026601
0.3679244382 0.1205407894 0.2504065598
0.3030669709 0.3393604498 0.7049736705
0.6086686938 0.4500644071 0.9349455931
0.6251671773 -0.2813866714 -0.5845412883
0.6838187271 -0.2806433631 -0.5829971699
0.7192283363 -0.4692242934 -0.9747475658
0.5430047499 -0.1119874586 -0.2326382164
0.5177327792 0.0173313137 0.0360033701
1.1582135106 0.0397190794 0.0825108089
0.4969957167 0.1787036014 0.3712316325
0.6901579426 0.1178080172 0.2447296094
0.2629145545 0.1712343806 0.3557153754
0.3574060594 -0.0575533547 -0.1195590108
0.4247320812 0.2599125846 0.5399318891
0.5557710326 0.1238505354 0.2572820922
0.9128717768 0.1821681882 0.378428825
0.6679033398 0.3934053564 0.8172443731
1.5465142206 -1.1900963762 -2.4722580695
0.4357498942 0.0219757898 0.0456516168
0.5434930479 0.2887772093 0.5998940928
0.56599891 0.4655170659 0.9670463213
0.7649599402 0.2500524665 0.5194488786
0.2009131924 0.0468544289 0.0973334952
0.6348348174 0.3177173329 0.660013135
1.0335183879 0.8833624519 1.8350614233
0.7596722735 0.9369438292 1.946369209
0.4870061293 0.5539680447 1.1507908065
0.4189027855 0.4687065381 0.9736720018
0.306673445 0.343624526 0.7138316898
0.0986734328 -0.0660091101 -0.1371246551
0.3159476744 0.4280179091 0.8891470899
0.2355858297 0.2356392213 0.4895073861
0.3820524579 0.1417680581 0.294503229
0.382442162 0.2307018476 0.4792506858
0.4124189536 -0.4089440673 -0.8495238626
0.3283888068 0.1951443547 0.4053849884
0.304553372 0.2491107275 0.5174925481
0.6176523069 0.2367061297 0.4917237385
0.426911496 0.239582967 0.4976999638
0.3811964986 0.1383606601 0.2874248383
1.2646940259 -0.188698124 -0.3919938496
0.8194669005 0.5981013541 1.2424715584
0.5372394207 0.6939035641 1.4414871938
0.3391537201 0.1315280042 0.2732309552
0.3091944771 0.2274337394 0.4724616499
0.5891542919 0.281380271 0.5845279925
0.5941731603 -0.2635849997 -0.5475608157
0.6140116604 -0.2133725736 -0.4432515529
0.6032212425 -0.3744568522 -0.7778815171
0.7289244941 -0.0878841073 -0.1825668894
0.5343575857 -0.0504425234 -0.1047872575
1.0772786599 0.0632523464 0.1313978657
0.378817524 0.2873153799 0.5968573475
0.5172015657 0.2834118547 0.5887483222
0.2414163896 0.141755145 0.2944764038
0.2682421974 0.0298279889 0.0619634576
0.3275268939 0.294541122 0.6118678119
0.3868706782 0.2279493447 0.4735327475
0.3962634448 1.193342831 2.4790021233
0.2998704623 0.9089449748 1.8882055216
1.998508965 -1.1653025061 -2.4207522868
0.1576392392 0.6386702656 1.3267477739
0.56443547 0.0275205101 0.0571699945
0.5232405354 0.497202144 1.0328676209
0.405487001 0.8623809366 1.7914752721
0.1841986724 0.0335408938 0.069676496
0.3577995983 0.3361170546 0.6982359725
0.3349611636 0.2273863489 0.4723632028
0.9173055359 0.5367966111 1.1151195651
0.616268652 0.5455919955 1.1333907408
0.4680247859 0.3835402003 0.796750897
0.277496089 0.4155849366 0.8633193358
0.0656725644 -0.0299844484 -0.0622884802
0.4173012134 0.3930104708 0.8164240538
0.2836585786 0.1437529772 0.2986266197
0.4197543187 0.1490719297 0.3096759963
0.3113263888 0.3327552594 0.6912523151
0.2913408934 -0.2870832356 -0.5963751003
0.2792222942 0.3359217029 0.6978301567
0.2823139558 0.2090086642 0.434186144
0.5614628901 0.4461304466 0.9267733428
0.3596384702 0.4722185497 0.9809677128
0.3721782816 0.1385354239 0.2877878856
0.9611909354 -0.0153298518 -0.031845614
0.6751840679 0.8925590708 1.8541661074
0.6375726922 0.556636427 1.156333996
0.3917072007 0.1637145016 0.3400938829
0.4204301139 0.0436012117 0.0905753935
0.5358369688 0.1922324141 0.3993358408
0.6699191794 -0.6267877909 -1.3020636017
0.6175535533 -0.2416476281 -0.5019890075
0.603435983 -0.390816402 -0.811866184
0.6285226284 -0.1266367084 -0.2630699752
0.4527284291 0.0303896101 0.0631301468
1.1726153795 -0.0829055168 -0.1722245669
0.6067569243 -0.1458908941 -0.3030678417
0.5460990613 0.1983402118 0.4120239326
Upper 95% Lower 95,0% Upper 95,0%
#N/A #N/A #N/A
45781.45204207 -56710.4448564 45781.45204207
0.5897289091 0.4146907636 0.5897289091
-0.6681107509 -1.092943281 -0.6681107509
0.202014113 -0.2234697478 0.202014113
(dalam jutaan rupiah) aset total thn sblmnya aset total thn skrg
NO KODE TAHUN DISEXP t At-1 At

1 SMCB 2015 Rp 925,524 Rp 17,199,304 Rp 17,321,565
2 INTP 2015 Rp 287,970 Rp 28,884,635 Rp 27,638,360
3 AMFG 2015 Rp 408,312 Rp 3,946,125 Rp 4,270,275
4 TOTO 2015 Rp 166,745 Rp 2,062,386 Rp 2,439,540
5 ALMI 2015 Rp 92,911 Rp 3,217,113 Rp 2,189,037
6 LMSH 2015 Rp 9,666 Rp 141,034 Rp 133,782
7 ALKA 2015 Rp 17,242 Rp 245,297 Rp 144,628
8 GDST 2015 Rp 76,490 Rp 1,357,932 Rp 1,183,934
9 INAI 2015 Rp 94,329 Rp 893,663 Rp 1,330,259
10 PICO 2015 Rp 27,142 Rp 626,626 Rp 605,788
11 BAJA 2015 Rp 14,131 Rp 959,445 Rp 948,682
12 DPNS 2015 Rp 26,027 Rp 268,891 Rp 274,483
13 EKAD 2015 Rp 74,324 Rp 411,726 Rp 389,691
14 BRNA 2015 Rp 114,639 Rp 581,020 Rp 584,029
15 IGAR 2015 Rp 34,241 Rp 350,619 Rp 383,936
16 CPIN 2015 Rp 1,697,497 Rp 20,841,795 Rp 24,684,915
17 SIPD 2015 Rp 473,479 Rp 2,800,914 Rp 2,246,770
18 FASW 2015 Rp 236,398 Rp 5,581,000 Rp 6,993,634
19 KBRI 2015 Rp 30,431 Rp 1,298,895 Rp 1,455,931
20 SPMA 2015 Rp 134,336 Rp 2,091,957 Rp 2,185,464
21 KRAH 2015 Rp 72,075 Rp 480,333 Rp 533,537
22 AUTO 2015 Rp 778,901 Rp 14,387,568 Rp 14,339,110
23 ASII 2015 Rp 19,498,000 Rp 236,027,000 Rp 245,435,000
24 IMAS 2015 Rp 2,649,342 Rp 23,473,796 Rp 24,860,957
25 INDS 2015 Rp 148,347 Rp 2,282,666 Rp 2,553,928
26 NIPS 2015 Rp 70,961 Rp 1,206,854 Rp 1,547,720
27 SMSM 2015 Rp 288,833 Rp 1,757,634 Rp 2,220,108
28 RICY 2015 Rp 187,691 Rp 1,172,012 Rp 1,198,193
29 SSTM 2015 Rp 23,705 Rp 773,663 Rp 721,884
30 BIMA 2015 Rp 46,361 Rp 104,537 Rp 99,558
31 KBLI 2015 Rp 114,241 Rp 1,340,881 Rp 1,551,799
32 MYOR 2015 Rp 2,335,715 Rp 10,297,997 Rp 11,342,715
33 INDF 2015 Rp 10,381,049 Rp 86,077,251 Rp 91,831,526
34 AISA 2015 Rp 539,799 Rp 7,373,868 Rp 9,060,979
35 ULTJ 2015 Rp 729,850 Rp 2,918,133 Rp 3,539,995
36 TSPC 2015 Rp 2,463,940 Rp 5,609,556 Rp 6,284,729
37 KLBF 2015 Rp 5,781,408 Rp 12,439,267 Rp 13,696,417
38 KAEF 2015 Rp 1,227,054 Rp 2,968,184 Rp 3,434,879
39 MERK 2015 Rp 311,514 Rp 711,055 Rp 641,646
40 MBTO 2015 Rp 350,769 Rp 623,002 Rp 648,899
41 UNVR 2015 Rp 10,705,089 Rp 14,280,670 Rp 15,729,945
42 ADES 2015 Rp 291,011 Rp 502,990 Rp 653,224
43 TCID 2015 Rp 659,231 Rp 1,663,679 Rp 2,082,096
44 SMCB 2016 Rp 871,891 Rp 17,321,565 Rp 19,763,133
45 INTP 2016 Rp 2,713,870 Rp 27,638,360 Rp 30,150,580
46 AMFG 2016 Rp 407,757 Rp 4,270,275 Rp 5,504,890
47 TOTO 2016 Rp 157,022 Rp 2,439,540 Rp 2,581,440
48 ALMI 2016 Rp 91,734 Rp 2,189,037 Rp 2,153,030
49 LMSH 2016 Rp 10,440 Rp 133,782 Rp 162,828
50 ALKA 2016 Rp 19,972 Rp 144,628 Rp 136,618
51 GDST 2016 Rp 63,743 Rp 1,183,934 Rp 1,257,609
52 INAI 2016 Rp 90,422 Rp 1,330,259 Rp 1,339,032
53 PICO 2016 Rp 27,804 Rp 605,788 Rp 638,566
54 BAJA 2016 Rp 16,420 Rp 948,682 Rp 982,626
55 DPNS 2016 Rp 24,508 Rp 274,483 Rp 296,129
56 EKAD 2016 Rp 77,712 Rp 389,691 Rp 702,508
57 BRNA 2016 Rp 116,735 Rp 584,029 Rp 2,088,696
58 IGAR 2016 Rp 47,359 Rp 383,936 Rp 439,465
59 CPIN 2016 Rp 2,054,928 Rp 24,684,915 Rp 24,204,994
60 SIPD 2016 Rp 387,548 Rp 2,246,770 Rp 2,567,211
61 FASW 2016 Rp 209,986 Rp 6,993,634 Rp 8,583,223
62 KBRI 2016 Rp 16,285 Rp 1,455,931 Rp 1,263,726
63 SPMA 2016 Rp 139,225 Rp 2,185,464 Rp 2,158,852
64 KRAH 2016 Rp 71,032 Rp 533,537 Rp 598,711
65 AUTO 2016 Rp 806,283 Rp 14,339,110 Rp 14,612,274
66 ASII 2016 Rp 18,898,000 Rp 245,435,000 Rp 261,855,000
67 IMAS 2016 Rp 2,560,929 Rp 24,860,957 Rp 25,633,342
68 INDS 2016 Rp 165,103 Rp 2,553,928 Rp 2,477,272
69 NIPS 2016 Rp 75,062 Rp 1,547,720 Rp 1,777,956
70 SMSM 2016 Rp 305,134 Rp 2,220,108 Rp 2,254,740
71 RICY 2016 Rp 207,949 Rp 1,198,193 Rp 1,288,683
72 SSTM 2016 Rp 23,536 Rp 721,884 Rp 670,963
73 BIMA 2016 Rp 50,652 Rp 99,558 Rp 92,041
74 KBLI 2016 Rp 138,355 Rp 1,551,799 Rp 1,871,422
75 MYOR 2016 Rp 2,585,180 Rp 11,342,715 Rp 12,922,421
76 INDF 2016 Rp 11,156,937 Rp 91,831,526 Rp 82,174,515
77 AISA 2016 Rp 667,537 Rp 9,060,979 Rp 9,254,539
78 ULTJ 2016 Rp 771,137 Rp 3,539,995 Rp 4,239,199
79 TSPC 2016 Rp 2,839,515 Rp 6,284,729 Rp 6,585,807
80 KLBF 2016 Rp 6,239,606 Rp 13,696,417 Rp 15,226,009
81 KAEF 2016 Rp 1,479,784 Rp 3,434,879 Rp 4,612,562
82 MERK 2016 Rp 327,603 Rp 641,646 Rp 743,934
83 MBTO 2016 Rp 333,048 Rp 648,899 Rp 709,959
84 UNVR 2016 Rp 11,752,386 Rp 15,729,945 Rp 16,745,695
85 ADES 2016 Rp 383,242 Rp 653,224 Rp 767,479
86 TCID 2016 Rp 747,585 Rp 2,082,096 Rp 2,185,101
87 SMCB 2017 Rp 874,125 Rp 19,763,133 Rp 19,626,403
88 INTP 2017 Rp 3,080,203 Rp 30,150,580 Rp 28,863,676
89 AMFG 2017 Rp 458,327 Rp 5,504,890 Rp 6,267,816
90 TOTO 2017 Rp 170,510 Rp 2,581,440 Rp 2,826,490
91 ALMI 2017 Rp 89,753 Rp 2,153,030 Rp 2,376,281
92 LMSH 2017 Rp 11,354 Rp 162,828 Rp 161,163
93 ALKA 2017 Rp 26,240 Rp 136,618 Rp 305,208
94 GDST 2017 Rp 52,834 Rp 1,257,609 Rp 1,286,954
95 INAI 2017 Rp 80,919 Rp 1,339,032 Rp 1,213,916
96 PICO 2017 Rp 25,085 Rp 638,566 Rp 720,238
97 BAJA 2017 Rp 12,688 Rp 982,626 Rp 946,448
98 DPNS 2017 Rp 23,158 Rp 296,129 Rp 308,491
99 EKAD 2017 Rp 88,864 Rp 702,508 Rp 796,767
100 BRNA 2017 Rp 133,066 Rp 2,088,696 Rp 1,964,877
101 IGAR 2017 Rp 44,482 Rp 439,465 Rp 513,022
102 CPIN 2017 Rp 2,566,108 Rp 24,204,994 Rp 24,522,593
103 SIPD 2017 Rp 392,306 Rp 2,567,211 Rp 2,239,699
104 FASW 2017 Rp 255,306 Rp 8,583,223 Rp 9,369,891
105 KBRI 2017 Rp 14,164 Rp 1,263,726 Rp 1,171,234
106 SPMA 2017 Rp 142,188 Rp 2,158,852 Rp 2,175,660
107 KRAH 2017 Rp 59,230 Rp 598,711 Rp 645,953
108 AUTO 2017 Rp 1,409,628 Rp 14,612,274 Rp 14,762,309
109 ASII 2017 Rp 11,404,000 Rp 261,855,000 Rp 295,646,000
110 IMAS 2017 Rp 2,663,054 Rp 25,633,342 Rp 31,375,311
111 INDS 2017 Rp 210,726 Rp 2,477,272 Rp 2,434,617
112 NIPS 2017 Rp 101,643 Rp 1,777,956 Rp 1,897,962
113 SMSM 2017 Rp 331,292 Rp 2,254,740 Rp 2,443,341
114 RICY 2017 Rp 210,489 Rp 1,288,683 Rp 1,374,444
115 SSTM 2017 Rp 25,192 Rp 670,963 Rp 605,643
116 BIMA 2017 Rp 49,262 Rp 92,041 Rp 89,327
117 KBLI 2017 Rp 176,443 Rp 1,871,422 Rp 3,013,760
118 MYOR 2017 Rp 2,514,495 Rp 12,922,421 Rp 14,915,849
119 INDF 2017 Rp 11,307,271 Rp 82,174,515 Rp 87,939,488
120 AISA 2017 Rp 916,746 Rp 9,254,539 Rp 8,724,734
121 ULTJ 2017 Rp 861,851 Rp 4,239,199 Rp 5,186,940
122 INAF 2017 Rp 271,793 Rp 6,585,807 Rp 7,434,900
123 KLBF 2017 Rp 6,358,636 Rp 15,226,009 Rp 16,616,239
124 KAEF 2017 Rp 1,791,957 Rp 4,612,562 Rp 6,096,148
125 MERK 2017 Rp 384,866 Rp 743,934 Rp 847,006
126 MBTO 2017 Rp 396,333 Rp 709,959 Rp 780,669
127 UNVR 2017 Rp 11,714,758 Rp 16,745,695 Rp 18,906,413
128 ADES 2017 Rp 371,628 Rp 767,479 Rp 840,236
129 TCID 2017 Rp 781,657 Rp 2,185,101 Rp 2,361,807
total sales thn sblmnya total sales thn skrg total sales pada tahun t-2 sales tahun t dikurangi sales t-1
ΔSt
St-1 St St-2 (St) - (St-1)
Rp 9,483,612 Rp 9,239,022 Rp 9,686,262 -Rp 244,590
Rp 19,996,264 Rp 17,798,055 Rp 18,691,286 -Rp 2,198,209
Rp 3,672,186 Rp 3,665,989 Rp 3,261,480 -Rp 6,197
Rp 2,062,386 Rp 2,439,540 Rp 1,711,306 Rp 377,154
Rp 3,336,087 Rp 3,333,329 Rp 2,871,313 -Rp 2,758
Rp 249,072 Rp 174,598 Rp 256,210 -Rp 74,474
Rp 1,230,364 Rp 749,146 Rp 1,099,620 -Rp 481,218
Rp 1,215,611 Rp 913,792 Rp 1,410,117 -Rp 301,819
Rp 933,462 Rp 1,384,675 Rp 640,702 Rp 451,213
Rp 694,332 Rp 699,310 Rp 684,448 Rp 4,978
Rp 1,229,844 Rp 1,251,193 Rp 1,052,131 Rp 21,349
Rp 132,775 Rp 118,475 Rp 131,333 -Rp 14,300
Rp 526,573 Rp 531,537 Rp 418,668 Rp 4,964
Rp 1,258,841 Rp 1,278,353 Rp 960,999 Rp 19,512
Rp 737,863 Rp 677,331 Rp 643,403 -Rp 60,532
Rp 29,150,275 Rp 30,107,727 Rp 25,662,992 Rp 957,452
Rp 2,505,575 Rp 2,113,148 Rp 3,854,271 -Rp 392,427
Rp 5,456,935 Rp 4,959,998 Rp 4,960,825 -Rp 496,937
Rp 34,719 Rp 241,207 Rp 11,868 Rp 206,488
Rp 1,550,810 Rp 1,621,516 Rp 1,395,838 Rp 70,706
Rp 286,048 Rp 283,205 Rp 307,864 -Rp 2,843
Rp 12,255,427 Rp 11,723,787 Rp 10,701,988 -Rp 531,640
Rp 201,701,000 Rp 184,196,000 Rp 193,880,000 -Rp 17,505,000
Rp 19,458,165 Rp 18,099,979 Rp 20,094,736 -Rp 1,358,186
Rp 1,866,977 Rp 1,659,505 Rp 1,702,447 -Rp 207,472
Rp 1,015,868 Rp 987,862 Rp 911,064 -Rp 28,006
Rp 2,632,860 Rp 2,802,924 Rp 2,381,889 Rp 170,064
Rp 1,185,443 Rp 1,111,051 Rp 984,185 -Rp 74,392
Rp 519,854 Rp 506,180 Rp 573,748 -Rp 13,674
Rp 286,688 Rp 222,363 Rp 279,150 -Rp 64,325
Rp 2,384,078 Rp 2,662,038 Rp 2,572,350 Rp 277,960
Rp 14,169,088 Rp 14,818,730 Rp 12,017,837 Rp 649,642
Rp 63,594,452 Rp 64,061,947 Rp 55,623,657 Rp 467,495
Rp 5,139,974 Rp 6,010,895 Rp 4,056,735 Rp 870,921
Rp 3,916,789 Rp 4,393,932 Rp 3,460,231 Rp 477,143
Rp 7,512,115 Rp 8,181,481 Rp 6,854,889 Rp 669,366
Rp 17,368,532 Rp 17,887,464 Rp 16,002,131 Rp 518,932
Rp 4,521,024 Rp 4,860,371 Rp 4,348,073 Rp 339,347
Rp 863,207 Rp 983,446 Rp 1,193,952 Rp 120,239
Rp 671,398 Rp 694,782 Rp 641,284 Rp 23,384
Rp 34,511,534 Rp 36,484,030 Rp 30,757,435 Rp 1,972,496
Rp 578,784 Rp 669,725 Rp 502,524 Rp 90,941
Rp 2,308,203 Rp 2,314,889 Rp 2,027,899 Rp 6,686
Rp 9,239,022 Rp 9,458,403 Rp 9,483,612 Rp 219,381
Rp 17,798,055 Rp 15,361,894 Rp 19,996,264 -Rp 2,436,161
Rp 3,665,989 Rp 3,724,075 Rp 3,672,186 Rp 58,086
Rp 2,439,540 Rp 2,069,017 Rp 2,062,386 -Rp 370,523
Rp 3,333,329 Rp 2,461,800 Rp 3,336,087 -Rp 871,529
Rp 174,598 Rp 157,855 Rp 249,072 -Rp 16,743
Rp 749,146 Rp 1,151,605 Rp 1,230,364 Rp 402,459
Rp 913,792 Rp 757,282 Rp 1,215,611 -Rp 156,510
Rp 1,384,675 Rp 1,284,510 Rp 933,462 -Rp 100,165
Rp 699,310 Rp 706,730 Rp 694,332 Rp 7,420
Rp 1,251,193 Rp 978,840 Rp 1,229,844 -Rp 272,353
Rp 118,475 Rp 115,940 Rp 132,775 -Rp 2,535
Rp 531,537 Rp 568,638 Rp 526,573 Rp 37,101
Rp 1,278,353 Rp 1,364,849 Rp 1,258,841 Rp 86,496
Rp 677,331 Rp 792,794 Rp 737,863 Rp 115,463
Rp 30,107,727 Rp 38,256,857 Rp 29,150,275 Rp 8,149,130
Rp 2,113,148 Rp 2,427,199 Rp 2,505,575 Rp 314,051
Rp 4,959,998 Rp 5,874,745 Rp 5,456,935 Rp 914,747
Rp 241,207 Rp 161,367 Rp 34,719 -Rp 79,840
Rp 1,621,516 Rp 1,932,435 Rp 1,550,810 Rp 310,919
Rp 283,205 Rp 312,547 Rp 286,048 Rp 29,342
Rp 11,723,787 Rp 12,806,867 Rp 12,255,427 Rp 1,083,080
Rp 184,196,000 Rp 181,084,000 Rp 201,701,000 -Rp 3,112,000
Rp 18,099,979 Rp 15,049,532 Rp 19,458,165 -Rp 3,050,447
Rp 1,659,505 Rp 1,637,036 Rp 1,866,977 -Rp 22,469
Rp 987,862 Rp 1,039,635 Rp 1,015,868 Rp 51,773
Rp 2,802,924 Rp 2,879,876 Rp 2,632,860 Rp 76,952
Rp 1,111,051 Rp 1,221,519 Rp 1,185,443 Rp 110,468
Rp 506,180 Rp 436,691 Rp 519,854 -Rp 69,489
Rp 222,363 Rp 172,109 Rp 286,688 -Rp 50,254
Rp 2,662,038 Rp 2,812,196 Rp 2,384,078 Rp 150,158
Rp 14,818,730 Rp 18,349,959 Rp 14,169,088 Rp 3,531,229
Rp 64,061,947 Rp 66,750,317 Rp 63,594,452 Rp 2,688,370
Rp 6,010,895 Rp 6,545,680 Rp 5,139,974 Rp 534,785
Rp 4,393,932 Rp 4,685,987 Rp 3,916,789 Rp 292,055
Rp 8,181,481 Rp 9,138,238 Rp 7,512,115 Rp 956,757
Rp 17,887,464 Rp 19,374,230 Rp 17,368,532 Rp 1,486,766
Rp 4,860,371 Rp 5,811,502 Rp 4,521,024 Rp 951,131
Rp 983,446 Rp 1,034,806 Rp 863,207 Rp 51,360
Rp 694,782 Rp 685,443 Rp 671,398 -Rp 9,339
Rp 36,484,030 Rp 40,053,732 Rp 34,511,534 Rp 3,569,702
Rp 669,725 Rp 887,663 Rp 578,784 Rp 217,938
Rp 2,314,889 Rp 2,526,776 Rp 2,308,203 Rp 211,887
Rp 9,458,403 Rp 9,382,120 Rp 9,239,022 -Rp 76,283
Rp 15,361,894 Rp 14,431,211 Rp 17,798,055 -Rp 930,683
Rp 3,724,075 Rp 3,885,791 Rp 3,665,989 Rp 161,716
Rp 2,069,017 Rp 2,171,861 Rp 2,439,540 Rp 102,844
Rp 2,461,800 Rp 3,484,905 Rp 3,333,329 Rp 1,023,105
Rp 157,855 Rp 224,371 Rp 174,598 Rp 66,516
Rp 1,151,605 Rp 1,932,783 Rp 749,146 Rp 781,178
Rp 757,282 Rp 1,228,528 Rp 913,792 Rp 471,246
Rp 1,284,510 Rp 980,285 Rp 1,384,675 -Rp 304,225
Rp 706,730 Rp 747,064 Rp 699,310 Rp 40,334
Rp 978,840 Rp 1,218,317 Rp 1,251,193 Rp 239,477
Rp 115,940 Rp 111,294 Rp 118,475 -Rp 4,646
Rp 568,638 Rp 643,591 Rp 531,537 Rp 74,953
Rp 1,364,849 Rp 1,310,440 Rp 1,278,353 -Rp 54,409
Rp 792,794 Rp 761,926 Rp 677,331 -Rp 30,868
Rp 38,256,857 Rp 49,367,386 Rp 30,107,727 Rp 11,110,529
Rp 2,427,199 Rp 2,449,961 Rp 2,113,148 Rp 22,762
Rp 5,874,745 Rp 7,337,185 Rp 4,959,998 Rp 1,462,440
Rp 161,367 Rp 144,027 Rp 241,207 -Rp 17,340
Rp 1,932,435 Rp 2,093,137 Rp 1,621,516 Rp 160,702
Rp 312,547 Rp 263,264 Rp 283,205 -Rp 49,283
Rp 12,806,867 Rp 13,549,857 Rp 11,723,787 Rp 742,990
Rp 181,084,000 Rp 206,057,000 Rp 184,196,000 Rp 24,973,000
Rp 15,049,532 Rp 15,359,437 Rp 18,099,979 Rp 309,905
Rp 1,637,036 Rp 1,967,982 Rp 1,659,505 Rp 330,946
Rp 1,039,635 Rp 1,077,046 Rp 987,862 Rp 37,411
Rp 2,879,876 Rp 3,339,964 Rp 2,802,924 Rp 460,088
Rp 1,221,519 Rp 1,600,432 Rp 1,111,051 Rp 378,913
Rp 436,691 Rp 343,842 Rp 506,180 -Rp 92,849
Rp 172,109 Rp 153,713 Rp 222,363 -Rp 18,396
Rp 2,812,196 Rp 3,186,704 Rp 2,662,038 Rp 374,508
Rp 18,349,959 Rp 20,816,673 Rp 14,818,730 Rp 2,466,714
Rp 66,750,317 Rp 70,186,618 Rp 64,061,947 Rp 3,436,301
Rp 6,545,680 Rp 4,920,632 Rp 6,010,895 -Rp 1,625,048
Rp 4,685,987 Rp 4,879,559 Rp 4,393,932 Rp 193,572
Rp 9,138,238 Rp 9,565,462 Rp 8,181,481 Rp 427,224
Rp 19,374,230 Rp 20,182,120 Rp 17,887,464 Rp 807,890
Rp 5,811,502 Rp 6,127,479 Rp 4,860,371 Rp 315,977
Rp 1,034,806 Rp 1,156,648 Rp 983,446 Rp 121,842
Rp 685,443 Rp 731,577 Rp 694,782 Rp 46,134
Rp 40,053,732 Rp 41,204,510 Rp 36,484,030 Rp 1,150,778
Rp 887,663 Rp 814,490 Rp 669,725 -Rp 73,173
Rp 2,526,776 Rp 2,706,394 Rp 2,314,889 Rp 179,618
sales thn t-1 dikurang sales t-2
ΔSt-1
(St-1)-(St-2) DISEXPt/At-1 1/ At-1 St/At-1 ABN Discretionary
-Rp 202,650 0.054 0.00 0.537 0.0191474698
Rp 1,304,978 0.010 0.00 0.616 -0.0292123282
Rp 410,706 0.103 0.00 0.929 0.0407558003
Rp 351,080 0.081 0.00 1.183 -0.0019385504
Rp 464,774 0.029 0.00 1.036 -0.0415771177
-Rp 7,138 0.069 0.00 1.238 -0.1372355747
Rp 130,744 0.070 0.00 3.054 -0.1945786203
-Rp 194,506 0.056 0.00 0.673 0.0008956293
Rp 292,760 0.106 0.00 1.549 -0.0116474894
Rp 9,884 0.043 0.00 1.116 -0.055393822
Rp 177,713 0.015 0.00 1.304 -0.0857315244
Rp 1,442 0.097 0.00 0.441 0.0019258786
Rp 107,905 0.181 0.00 1.291 0.0557863685
Rp 297,842 0.197 0.00 2.200 0.0284910323
Rp 94,460 0.098 0.00 1.932 -0.0748303346
Rp 3,487,283 0.081 0.00 1.445 -0.0098121278
-Rp 1,348,696 0.169 0.00 0.754 0.1153762632
Rp 496,110 0.042 0.00 0.889 -0.0164944215
Rp 22,851 0.023 0.00 0.186 -0.0021231481
Rp 154,972 0.064 0.00 0.775 0.0070644058
-Rp 21,816 0.150 0.00 0.590 0.0754858627
Rp 1,553,439 0.054 0.00 0.815 0.0018921344
Rp 7,821,000 0.083 0.00 0.780 0.033701124
-Rp 636,571 0.113 0.00 0.771 0.0638453425
Rp 164,530 0.065 0.00 0.727 0.0115708483
Rp 104,804 0.059 0.00 0.819 -0.0074139135
Rp 250,971 0.164 0.00 1.595 0.0542503525
Rp 201,258 0.160 0.00 0.948 0.0853867499
-Rp 53,894 0.031 0.00 0.654 -0.0336886489
Rp 7,538 0.443 0.00 2.127 0.1372849999
-Rp 188,272 0.085 0.00 1.985 -0.0525208458
Rp 2,151,251 0.227 0.00 1.439 0.1350146205
Rp 7,970,795 0.121 0.00 0.744 0.0738227932
Rp 1,083,239 0.073 0.00 0.815 0.0197438862
Rp 456,558 0.250 0.00 1.506 0.1496904242
Rp 657,226 0.439 0.00 1.458 0.3447530795
Rp 1,366,401 0.465 0.00 1.438 0.3733384012
Rp 172,951 0.413 0.00 1.637 0.3048444783
-Rp 330,745 0.438 0.00 1.383 0.3261095235
Rp 30,114 0.563 0.00 1.115 0.4642025505
Rp 3,754,099 0.750 0.00 2.555 0.58849557
Rp 76,260 0.579 0.00 1.331 0.4592715287
Rp 280,304 0.396 0.00 1.391 0.2983073265
-Rp 244,590 0.050 0.00 0.546 0.0151235195
-Rp 2,198,209 0.098 0.00 0.556 0.0627587255
-Rp 6,197 0.095 0.00 0.872 0.0366809912
Rp 377,154 0.064 0.00 0.848 0.0038791575
-Rp 2,758 0.042 0.00 1.125 -0.0367293444
-Rp 74,474 0.078 0.00 1.180 -0.1310582703
-Rp 481,218 0.138 0.00 7.963 -0.4852604822
-Rp 301,819 0.054 0.00 0.640 -0.0014676818
Rp 451,213 0.068 0.00 0.966 -0.0060502479
Rp 4,978 0.046 0.00 1.167 -0.0569728915
Rp 21,349 0.017 0.00 1.032 -0.0663277955
-Rp 14,300 0.089 0.00 0.422 -0.00306951
Rp 4,964 0.199 0.00 1.459 0.0616776143
Rp 19,512 0.200 0.00 2.337 0.0226660388
-Rp 60,532 0.123 0.00 2.065 -0.0529872126
Rp 957,452 0.083 0.00 1.550 -0.0144614417
-Rp 392,427 0.172 0.00 1.080 0.0968399805
-Rp 496,937 0.030 0.00 0.840 -0.0251235623
Rp 206,488 0.011 0.00 0.111 -0.0081789526
Rp 70,706 0.064 0.00 0.884 9.727046986698E-05
-Rp 2,843 0.133 0.00 0.586 0.06256241
-Rp 531,640 0.056 0.00 0.893 -0.000918144
-Rp 17,505,000 0.077 0.00 0.738 0.03075804
-Rp 1,358,186 0.103 0.00 0.605 0.0644042944
-Rp 207,472 0.065 0.00 0.641 0.0174532384
-Rp 28,006 0.048 0.00 0.672 -0.0052244954
Rp 170,064 0.137 0.00 1.297 0.0481229817
-Rp 74,392 0.174 0.00 1.019 0.0946592759
-Rp 13,674 0.033 0.00 0.605 -0.0303159359
-Rp 64,325 0.509 0.00 1.729 0.2188358534
Rp 277,960 0.089 0.00 1.812 -0.0358976287
Rp 649,642 0.228 0.00 1.618 0.1250925175
Rp 467,495 0.121 0.00 0.727 0.0758142053
Rp 870,921 0.074 0.00 0.722 0.0264722162
Rp 477,143 0.218 0.00 1.324 0.1298954023
Rp 669,366 0.452 0.00 1.454 0.3579502664
Rp 518,932 0.456 0.00 1.415 0.3657324391
Rp 339,347 0.431 0.00 1.692 0.3196765439
Rp 120,239 0.511 0.00 1.613 0.3814519293
Rp 23,384 0.513 0.00 1.056 0.4192678338
Rp 1,972,496 0.747 0.00 2.546 0.5866545823
Rp 90,941 0.587 0.00 1.359 0.4739616882
Rp 6,686 0.359 0.00 1.214 0.2744270302
Rp 219,381 0.044 0.00 0.475 0.013609695
-Rp 2,436,161 0.102 0.00 0.479 0.0716110944
Rp 58,086 0.083 0.00 0.706 0.035802534
-Rp 370,523 0.066 0.00 0.841 0.0063980552
-Rp 871,529 0.042 0.00 1.619 -0.0679975259
-Rp 16,743 0.070 0.00 1.378 -0.1276272062
Rp 402,459 0.192 0.00 14.147 -0.8256173709
-Rp 156,510 0.042 0.00 0.977 -0.0335028502
-Rp 100,165 0.060 0.00 0.732 0.0011087096
Rp 7,420 0.039 0.00 1.170 -0.0622586807
-Rp 272,353 0.013 0.00 1.240 -0.0830840649
-Rp 2,535 0.078 0.00 0.376 -0.0064222632
Rp 37,101 0.126 0.00 0.916 0.0434119544
Rp 86,496 0.064 0.00 0.627 0.0157864567
Rp 115,463 0.101 0.00 1.734 -0.0484435009
Rp 8,149,130 0.106 0.00 2.040 -0.0223511104
Rp 314,051 0.153 0.00 0.954 0.0860509312
Rp 914,747 0.030 0.00 0.855 -0.0258519356
-Rp 79,840 0.011 0.00 0.114 -0.0102427193
Rp 310,919 0.066 0.00 0.970 -0.0031868229
Rp 29,342 0.099 0.00 0.440 0.0411903254
Rp 1,083,080 0.096 0.00 0.927 0.0372077059
-Rp 3,112,000 0.044 0.00 0.787 -0.0057570537
-Rp 3,050,447 0.104 0.00 0.599 0.0656912387
-Rp 22,469 0.085 0.00 0.794 0.0280507473
Rp 51,773 0.057 0.00 0.606 0.0090857476
Rp 76,952 0.147 0.00 1.481 0.0462171019
Rp 110,468 0.163 0.00 1.242 0.0715852565
-Rp 69,489 0.038 0.00 0.512 -0.0214897588
-Rp 50,254 0.535 0.00 1.670 0.2341123639
Rp 150,158 0.094 0.00 1.703 -0.0219360748
Rp 3,531,229 0.195 0.00 1.611 0.0923864283
Rp 2,688,370 0.138 0.00 0.854 0.0839366271
Rp 534,785 0.099 0.00 0.532 0.0638341733
Rp 292,055 0.203 0.00 1.151 0.1270124072
Rp 956,757 0.041 0.00 1.452 -0.0523601556
Rp 1,486,766 0.418 0.00 1.326 0.3334887448
Rp 951,131 0.388 0.00 1.328 0.3014489357
Rp 51,360 0.517 0.00 1.555 0.3957289167
-Rp 9,339 0.558 0.00 1.030 0.4682816575
Rp 3,569,702 0.700 0.00 2.461 0.5445226207
Rp 217,938 0.484 0.00 1.061 0.394235852
Rp 211,887 0.358 0.00 1.239 0.2719399918
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.5947375622
R Square 0.3537127679
Adjusted R Square 0.3407498763
Standard Error 0.2018950159
Observations 129
ANOVA
df SS MS F
Regression 2 2.8332185533 1.4166092767 34.753526988
Residual 127 5.1767228748 0.0407615974
Total 129 8.0099414281
Coefficients Standard Error t Stat P-value

Intercept 0 #N/A #N/A #N/A
X Variable 1 18095.920082 9514.277552411 1.9019752138 0.0594391856
X Variable 2 0.0625720911 0.0118527767 5.2791082385 5.447593E-07
RESIDUAL OUTPUT
Observation Predicted Y Residuals Standard Residuals

1 0.0346642426 0.0191474698 0.0955825891
2 0.0391819886 -0.0292123282 -0.1458255317
3 0.0627158333 0.0407558003 0.2034495915
4 0.0827890798 -0.0019385504 -0.0096770834
5 0.0704573591 -0.0415771177 -0.2075495403
6 0.2057722396 -0.1372355747 -0.6850686631
7 0.2648689214 -0.1945786203 -0.9713204144
8 0.0554326699 0.0008956293 0.0044709075
9 0.1172007013 -0.0116474894 -0.0581433057
10 0.0987083349 -0.055393822 -0.2765213878
11 0.1004598309 -0.0857315244 -0.4279646946
12 0.0948679895 0.0019258786 0.0096138271
13 0.1247317431 0.0557863685 0.2784809475
14 0.1688154288 0.0284910323 0.1422248819
15 0.1724890468 -0.0748303346 -0.3735468549
16 0.0912589034 -0.0098121278 -0.0489813321
17 0.0536681987 0.1153762632 0.5759487841
18 0.0588520635 -0.0164944215 -0.0823387911
19 0.0255515238 -0.0021231481 -0.0105985801
20 0.0571510633 0.0070644058 0.0352649306
21 0.0745662887 0.0754858627 0.3768191967
22 0.0522449512 0.0018921344 0.0094453787
23 0.048908069 0.033701124 0.1682332297
24 0.0490184653 0.0638453425 0.3187106808
25 0.0534176345 0.0115708483 0.0577607196
26 0.0662122437 -0.0074139135 -0.0370096441
27 0.1100802191 0.0542503525 0.2708132827
28 0.0747575148 0.0853867499 0.4262436089
29 0.0643286045 -0.0336886489 -0.1681709548
30 0.3062039084 0.1372849999 0.6853153896
31 0.1377193086 -0.0525208458 -0.2621797279
32 0.0917979334 0.1350146205 0.6739818431
33 0.0467787465 0.0738227932 0.3685172911
34 0.0534604348 0.0197438862 0.0985598504
35 0.1004181212 0.1496904242 0.7472422441
36 0.0944866749 0.3447530795 1.7209789213
37 0.0914323928 0.3733384012 1.8636744879
38 0.1085577905 0.3048444783 1.5217584778
39 0.1119916079 0.3261095235 1.6279118284
40 0.0988277448 0.4642025505 2.3172608224
41 0.1611253511 0.58849557 2.9377213185
42 0.1192906693 0.4592715287 2.2926455688
43 0.0979415893 0.2983073265 1.4891255552
44 0.0352120593 0.0151235195 0.0754953612
45 0.0354334248 0.0627587255 0.3132863786
46 0.0588063017 0.0366809912 0.1831084811
47 0.0604862557 0.0038791575 0.0193644339
48 0.0786354428 -0.0367293444 -0.1833498561
49 0.2090956744 -0.1310582703 -0.6542320694
50 0.6233526912 -0.4852604822 -2.4223802798
51 0.0553076762 -0.0014676818 -0.0073265463
52 0.0740234772 -0.0060502479 -0.0302023384
53 0.1028701361 -0.0569728915 -0.2844039726
54 0.0836360189 -0.0663277955 -0.3311028813
55 0.0923573712 -0.00306951 -0.0153227407
56 0.1377419258 0.0616776143 0.3078895605
57 0.1772127343 0.0226660388 0.1131469953
58 0.1763385003 -0.0529872126 -0.2645077923
59 0.0977077482 -0.0144614417 -0.0721903237
60 0.0756511957 0.0968399805 0.4834171908
61 0.0551488681 -0.0251235623 -0.1254147494
62 0.0193642355 -0.0081789526 -0.0408286566
63 0.0636077368 9.72704699E-05 0.0004855662
64 0.0705717493 0.06256241 0.3123063878
65 0.0571477845 -0.000918144 -0.0045832993
66 0.0462399432 0.03075804 0.1535415972
67 0.0386057788 0.0644042944 0.3215009224
68 0.0471934549 0.0174532384 0.0871251257
69 0.0537229318 -0.0052244954 -0.0260802497
70 0.0893180798 0.0481229817 0.240225953
71 0.0788928981 0.0946592759 0.4725312935
72 0.0629195121 -0.0303159359 -0.1513346503
73 0.2899329045 0.2188358534 1.0924105204
74 0.1250554384 -0.0358976287 -0.1791979999
75 0.1028229331 0.1250925175 0.6244515236
76 0.0456793328 0.0758142053 0.3784582561
77 0.0471994036 0.0264722162 0.1321471185
78 0.0879402161 0.1298954023 0.6484271282
79 0.0938615779 0.3579502664 1.7868581889
80 0.0898323995 0.3657324391 1.8257061528
81 0.111134556 0.3196765439 1.5957989252
82 0.1291146448 0.3814519293 1.9041765509
83 0.0939830727 0.4192678338 2.0929504253
84 0.1604800072 0.5866545823 2.9285312597
85 0.112731391 0.4739616882 2.3659776328
86 0.0846270192 0.2744270302 1.3699170871
87 0.0306203873 0.013609695 0.0679384744
88 0.0305495605 0.0716110944 0.3574766734
89 0.0474556237 0.035802534 0.1787232952
90 0.0596542257 0.0063980552 0.0319385636
91 0.1096843579 -0.0679975259 -0.3394380375
92 0.197357228 -0.1276272062 -0.6371044805
93 1.017685766 -0.8256173709 -4.1214137794
94 0.075514318 -0.0335028502 -0.1672434635
95 0.0593222585 0.0011087096 0.0055345868
96 0.1015420125 -0.0622586807 -0.3107901962
97 0.0959964039 -0.0830840649 -0.4147487953
98 0.0846246683 -0.0064222632 -0.032059408
99 0.0830834022 0.0434119544 0.2167088936
100 0.0479212346 0.0157864567 0.0788046889
101 0.149662028 -0.0484435009 -0.2418259588
102 0.1283667533 -0.0223511104 -0.1115748985
103 0.0667631538 0.0860509312 0.4295591469
104 0.0555967063 -0.0258519356 -0.1290507289
105 0.0214508451 -0.0102427193 -0.0511308093
106 0.0690496056 -0.0031868229 -0.0159083571
107 0.0577388741 0.0411903254 0.2056187053
108 0.0592610573 0.0372077059 0.1857377973
109 0.0493078738 -0.0057570537 -0.0287387368
110 0.0381989992 0.0656912387 0.3279252425
111 0.057012984 0.0280507473 0.1400270158
112 0.0480827087 0.0090857476 0.0453553024
113 0.1007142516 0.0462171019 0.2307119585
114 0.0917512662 0.0715852565 0.3573476925
115 0.0590357934 -0.0214897588 -0.1072751023
116 0.3011056368 0.2341123639 1.1686695998
117 0.116218925 -0.0219360748 -0.1095030751
118 0.1021974658 0.0923864283 0.4611854256
119 0.0536640755 0.0839366271 0.4190047156
120 0.0352248938 0.0638341733 0.318654925
121 0.0762927454 0.1270124072 0.634035455
122 0.0936296614 -0.0523601556 -0.2613775758
123 0.0841279793 0.3334887448 1.6647482919
124 0.0870460048 0.3014489357 1.5048082093
125 0.121609987 0.3957289167 1.9754460937
126 0.0899660723 0.4682816575 2.3376233879
127 0.1550457161 0.5445226207 2.7182119847
128 0.0899832602 0.394235852 1.9679928379
129 0.0857812302 0.2719399918 1.3575019967
Significance F
9.5523704E-13
Lower 95% Upper 95% Lower 95,0% Upper 95,0%

#N/A #N/A #N/A #N/A
-731.1181975 36922.958361 -731.1181975 36922.958361
0.039117585 0.0860265971 0.039117585 0.0860265971
(a) (b)
NO KODE TAHUN ABN CFO ABN PRODCOST abnprodcost x (-1)
1 SMCB 2015 -0.293253161 0.1285552412 -1 -0.1285552412
2 INTP 2015 -0.271658136 -0.0603532514 -1 0.0603532514
3 AMFG 2015 -0.42120708 0.25764392 -1 -0.25764392
4 TOTO 2015 -0.299636237 0.4507789136 -1 -0.4507789136
5 ALMI 2015 -0.024952249 0.38271127 -1 -0.38271127
6 LMSH 2015 -0.362343004 0.1033206124 -1 -0.1033206124
7 ALKA 2015 -3.5896692 -2.925713912 -1 2.925713912
8 GDST 2015 -0.590874762 -0.0268321556 -1 0.0268321556
9 INAI 2015 -0.118448952 1.0004117923 -1 -1.0004117923
10 PICO 2015 -0.346084019 0.4446470989 -1 -0.4446470989
11 BAJA 2015 -0.576575176 0.6088623199 -1 -0.6088623199
12 DPNS 2015 0.1741463263 0.0125371218 -1 -0.0125371218
13 EKAD 2015 -0.186740932 0.2181399957 -1 -0.2181399957
14 BRNA 2015 -0.554753162 0.7431156986 -1 -0.7431156986
15 IGAR 2015 -0.74251646 0.5106411633 -1 -0.5106411633
16 CPIN 2015 -0.704955453 0.3959160492 -1 -0.3959160492
17 SIPD 2015 72.842148632 0.1867624802 -1 -0.1867624802
18 FASW 2015 -0.589941241 0.3097524523 -1 -0.3097524523
19 KBRI 2015 0.091651014 0.0940063456 -1 -0.0940063456
20 SPMA 2015 -0.312434144 0.3014126322 -1 -0.3014126322
21 KRAH 2015 -0.136003803 0.2340101208 -1 -0.2340101208
22 AUTO 2015 -0.452172805 0.0585136399 -1 -0.0585136399
23 ASII 2015 -0.432984635 0.1951882553 -1 -0.1951882553
24 IMAS 2015 -0.480997638 -0.434206614 -1 0.434206614
25 INDS 2015 -0.428729015 0.217556624 -1 -0.217556624
26 NIPS 2015 -0.515524966 0.2508793621 -1 -0.2508793621
27 SMSM 2015 -0.443386428 0.3358252119 -1 -0.3358252119
28 RICY 2015 -0.406896899 0.0785483842 -1 -0.0785483842
29 SSTM 2015 1.0331324367 0.225969744 -1 -0.225969744
30 BIMA 2015 -0.378702472 -0.2804884725 -1 0.2804884725
31 KBLI 2015 -0.79029275 0.8877345341 -1 -0.8877345341
32 MYOR 2015 -0.530214162 0.3408666839 -1 -0.3408666839
33 INDF 2015 -0.37958338 0.1205407894 -1 -0.1205407894
34 AISA 2015 -0.267493752 0.3393604498 -1 -0.3393604498
35 ULTJ 2015 -0.40685954 0.4500644071 -1 -0.4500644071
36 TSPC 2015 -0.553221677 -0.2813866714 -1 0.2813866714
37 KLBF 2015 -0.586309202 -0.2806433631 -1 0.2806433631
38 KAEF 2015 -0.723230479 -0.4692242934 -1 0.4692242934
39 MERK 2015 -0.145457668 -0.1119874586 -1 0.1119874586
40 MBTO 2015 -0.402655913 0.0173313137 -1 -0.0173313137
41 UNVR 2015 -0.885479379 0.0397190794 -1 -0.0397190794
42 ADES 2015 -0.261674211 0.1787036014 -1 -0.1787036014
43 TCID 2015 -0.661639293 0.1178080172 -1 -0.1178080172
44 SMCB 2016 -0.241117444 0.1712343806 -1 -0.1712343806
45 INTP 2016 -0.296735152 -0.0575533547 -1 0.0575533547
46 AMFG 2016 -0.387406349 0.2599125846 -1 -0.2599125846
47 TOTO 2016 -0.498260879 0.1238505354 -1 -0.1238505354
48 ALMI 2016 -1.047100391 0.1821681882 -1 -0.1821681882
49 LMSH 2016 0.1691177541 0.3934053564 -1 -0.3934053564
50 ALKA 2016 -0.421924252 -1.1900963762 -1 1.1900963762
51 GDST 2016 -0.348810678 0.0219757898 -1 -0.0219757898
52 INAI 2016 -0.671188381 0.2887772093 -1 -0.2887772093
53 PICO 2016 -0.449112668 0.4655170659 -1 -0.4655170659
54 BAJA 2016 -0.771892187 0.2500524665 -1 -0.2500524665
55 DPNS 2016 0.2593316729 0.0468544289 -1 -0.0468544289
56 EKAD 2016 -0.198264686 0.3177173329 -1 -0.3177173329
57 BRNA 2016 -0.822388743 0.8833624519 -1 -0.8833624519
58 IGAR 2016 -0.357549231 0.9369438292 -1 -0.9369438292
59 CPIN 2016 -0.346645076 0.5539680447 -1 -0.5539680447
60 SIPD 2016 1.8705455626 0.4687065381 -1 -0.4687065381
61 FASW 2016 -0.004759443 0.343624526 -1 -0.343624526
62 KBRI 2016 0.0198835981 -0.0660091101 -1 0.0660091101
63 SPMA 2016 -0.170571271 0.4280179091 -1 -0.4280179091
64 KRAH 2016 0.0353008761 0.2356392213 -1 -0.2356392213
65 AUTO 2016 -0.352021148 0.1417680581 -1 -0.1417680581
66 ASII 2016 -0.36797457 0.2307018476 -1 -0.2307018476
67 IMAS 2016 0.5368303263 -0.4089440673 -1 0.4089440673
68 INDS 2016 -0.260355173 0.1951443547 -1 -0.1951443547
69 NIPS 2016 -0.280507937 0.2491107275 -1 -0.2491107275
70 SMSM 2016 -0.399662841 0.2367061297 -1 -0.2367061297
71 RICY 2016 -0.313596955 0.239582967 -1 -0.239582967
72 SSTM 2016 -0.232140418 0.1383606601 -1 -0.1383606601
73 BIMA 2016 -0.150098701 -0.188698124 -1 0.188698124
74 KBLI 2016 -0.619354174 0.5981013541 -1 -0.5981013541
75 MYOR 2016 -0.51281425 0.6939035641 -1 -0.6939035641
76 INDF 2016 -0.312245701 0.1315280042 -1 -0.1315280042
77 AISA 2016 -0.288852853 0.2274337394 -1 -0.2274337394
78 ULTJ 2016 -0.422866121 0.281380271 -1 -0.281380271
79 TSPC 2016 -0.574855722 -0.2635849997 -1 0.2635849997
80 KLBF 2016 -0.534673934 -0.2133725736 -1 0.2133725736
81 KAEF 2016 -0.571277812 -0.3744568522 -1 0.3744568522
82 MERK 2016 -0.583697486 -0.0878841073 -1 0.0878841073
83 MBTO 2016 -0.431513504 -0.0504425234 -1 0.0504425234
84 UNVR 2016 -0.792973021 0.0632523464 -1 -0.0632523464
85 ADES 2016 -0.025759339 0.2873153799 -1 -0.2873153799
86 TCID 2016 -0.403474262 0.2834118547 -1 -0.2834118547
87 SMCB 2017 -0.235027944 0.141755145 -1 -0.141755145
88 INTP 2017 -0.220490229 0.0298279889 -1 -0.0298279889
89 AMFG 2017 -0.30175904 0.294541122 -1 -0.294541122
90 TOTO 2017 -0.233648388 0.2279493447 -1 -0.2279493447
91 ALMI 2017 -0.503792088 1.193342831 -1 -1.193342831
92 LMSH 2017 0.5535428913 0.9089449748 -1 -0.9089449748
93 ALKA 2017 -0.655723515 -1.1653025061 -1 1.1653025061
94 GDST 2017 24.904507186 0.6386702656 -1 -0.6386702656
95 INAI 2017 -0.562727025 0.0275205101 -1 -0.0275205101
96 PICO 2017 -0.407551006 0.497202144 -1 -0.497202144
97 BAJA 2017 -0.256506663 0.8623809366 -1 -0.8623809366
98 DPNS 2017 0.1799921305 0.0335408938 -1 -0.0335408938
99 EKAD 2017 -0.15593763 0.3361170546 -1 -0.3361170546
100 BRNA 2017 -0.3329337 0.2273863489 -1 -0.2273863489
101 IGAR 2017 -0.607540993 0.5367966111 -1 -0.5367966111
102 CPIN 2017 -0.715982745 0.5455919955 -1 -0.5455919955
103 SIPD 2017 -0.520485147 0.3835402003 -1 -0.3835402003
104 FASW 2017 -0.1560879 0.4155849366 -1 -0.4155849366
105 KBRI 2017 0.0355922635 -0.0299844484 -1 0.0299844484
106 SPMA 2017 -0.360588453 0.3930104708 -1 -0.3930104708
107 KRAH 2017 -0.127385616 0.1437529772 -1 -0.1437529772
108 AUTO 2017 -0.448169421 0.1490719297 -1 -0.1490719297
109 ASII 2017 -0.259777755 0.3327552594 -1 -0.3327552594
110 IMAS 2017 -0.355610002 -0.2870832356 -1 0.2870832356
111 INDS 2017 -0.127644966 0.3359217029 -1 -0.3359217029
112 NIPS 2017 -0.272123224 0.2090086642 -1 -0.2090086642
113 SMSM 2017 -0.373857347 0.4461304466 -1 -0.4461304466
114 RICY 2017 -0.117685763 0.4722185497 -1 -0.4722185497
115 SSTM 2017 -0.234489873 0.1385354239 -1 -0.1385354239
116 BIMA 2017 0.2814635252 -0.0153298518 -1 0.0153298518
117 KBLI 2017 -0.729771451 0.8925590708 -1 -0.8925590708
118 MYOR 2017 -0.611330489 0.556636427 -1 -0.556636427
119 INDF 2017 -0.37087546 0.1637145016 -1 -0.1637145016
120 AISA 2017 -0.475761066 0.0436012117 -1 -0.0436012117
121 ULTJ 2017 -0.338025678 0.1922324141 -1 -0.1922324141
122 INAF 2017 -0.673277762 -0.6267877909 -1 0.6267877909
123 KLBF 2017 -0.574503939 -0.2416476281 -1 0.2416476281
124 KAEF 2017 -0.66946166 -0.390816402 -1 0.390816402
125 MERK 2017 -0.372207529 -0.1266367084 -1 0.1266367084
126 MBTO 2017 -0.393993524 0.0303896101 -1 -0.0303896101
127 UNVR 2017 -0.932754817 -0.0829055168 -1 0.0829055168
128 ADES 2017 -0.454096484 -0.1458908941 -1 0.1458908941
129 TCID 2017 -0.404496074 0.1983402118 -1 -0.1983402118
( c) (a) + (b) + (c )
ABN DISCRE MLR
0.01914747 -0.402660933
-0.02921233 -0.240517213
0.0407558 -0.6380952
-0.00193855 -0.752353701
-0.04157712 -0.449240637
-0.13723557 -0.602899191
-0.19457862 -0.858533908
0.000895629 -0.563146977
-0.01164749 -1.130508234
-0.05539382 -0.846124939
-0.08573152 -1.27116902
0.001925879 0.1635350831
0.055786368 -0.349094559
0.028491032 -1.269377828
-0.07483033 -1.327987957
-0.00981213 -1.11068363
0.115376263 72.770762415
-0.01649442 -0.916188115
-0.00212315 -0.00447848
0.007064406 -0.606782371
0.075485863 -0.294528061
0.001892134 -0.50879431
0.033701124 -0.594471766
0.063845343 0.0170543188
0.011570848 -0.63471479
-0.00741391 -0.773818241
0.054250353 -0.724961288
0.08538675 -0.400058534
-0.03368865 0.7734740439
0.137285 0.0390710002
-0.05252085 -1.73054813
0.13501462 -0.736066225
0.073822793 -0.426301376
0.019743886 -0.587110315
0.149690424 -0.707233523
0.34475308 0.0729180741
0.373338401 0.0676725621
0.304844478 0.0508382925
0.326109524 0.2926393137
0.46420255 0.0442153239
0.58849557 -0.336702888
0.459271529 0.018893716
0.298307326 -0.481139984
0.015123519 -0.397228305
0.062758726 -0.176423072
0.036680991 -0.610637942
0.003879157 -0.618232257
-0.03672934 -1.265997924
-0.13105827 -0.355345873
-0.48526048 0.2829116424
-0.00146768 -0.372254149
-0.00605025 -0.966015838
-0.05697289 -0.971602625
-0.0663278 -1.088272449
-0.00306951 0.209407734
0.061677614 -0.454304405
0.022666039 -1.683085157
-0.05298721 -1.347480273
-0.01446144 -0.915074563
0.096839981 1.498679005
-0.02512356 -0.373507531
-0.00817895 0.0777137555
9.72705E-05 -0.59849191
0.06256241 -0.137775935
-0.00091814 -0.49470735
0.03075804 -0.567918378
0.064404294 1.010178688
0.017453238 -0.438046289
-0.0052245 -0.53484316
0.048122982 -0.588245989
0.094659276 -0.458520646
-0.03031594 -0.400817014
0.218835853 0.2574352767
-0.03589763 -1.253353157
0.125092517 -1.081625296
0.075814205 -0.3679595
0.026472216 -0.489814376
0.129895402 -0.57435099
0.357950266 0.0466795437
0.365732439 0.044431079
0.319676544 0.1228555844
0.381451929 -0.114361449
0.419267834 0.038196853
0.586654582 -0.269570785
0.473961688 0.1608869698
0.27442703 -0.412459086
0.013609695 -0.363173394
0.071611094 -0.178707124
0.035802534 -0.560497628
0.006398055 -0.455199677
-0.06799753 -1.765132445
-0.12762721 -0.48302929
-0.82561737 -0.31603838
-0.03350285 24.23233407
0.00110871 -0.589138826
-0.06225868 -0.967011831
-0.08308406 -1.201971664
-0.00642226 0.1400289734
0.043411954 -0.44864273
0.015786457 -0.544533592
-0.0484435 -1.192781105
-0.02235111 -1.283925851
0.086050931 -0.817974416
-0.02585194 -0.597524772
-0.01024272 0.0553339927
-0.00318682 -0.756785747
0.041190325 -0.229948268
0.037207706 -0.560033645
-0.00575705 -0.598290068
0.065691239 -0.002835528
0.028050747 -0.435515922
0.009085748 -0.47204614
0.046217102 -0.773770692
0.071585256 -0.518319056
-0.02148976 -0.394515056
0.234112364 0.5309057409
-0.02193607 -1.644266596
0.092386428 -1.075580488
0.083936627 -0.450653334
0.063834173 -0.455528104
0.127012407 -0.403245685
-0.05236016 -0.098850127
0.333488745 0.0006324343
0.301448936 0.0228036773
0.395728917 0.1501580966
0.468281657 0.0438985228
0.544522621 -0.305326679
0.394235852 0.0860302621
0.271939992 -0.330896294

2 Data Ada MLR

Diunggah oleh

Informasi Dokumen

Judul Asli

Hak Cipta

Format Tersedia

Bagikan dokumen Ini

Bagikan atau Tanam Dokumen

Opsi Berbagi

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Hak Cipta:

Format Tersedia

2 Data Ada MLR

Diunggah oleh

Hak Cipta:

Format Tersedia

NO SEKTOR SUBSEKTOR KODE

1 Sektor 3 Semen SMCB

Manipulasi penjualan CFOt/At-1 = α0 + α1 (1/At-1) + β1 (St/At-1) + β2 (ΔSt /At-1) +

CFOt : Arus kas operasi perusahaan i pada tahun t

PRODt : Biaya produksi pada tahun t, dimana PRODt = COGS

Biaya dikresioner yang tinggi DISEXPt/At-1 = α0 + α1 (1/At-1) + β1 (St/At-1) + Ɛ

DISEXPt : Biaya diskresioner pada tahun t

ACFO : Abnormal Cash Flow Operation

Independensi Komite Audit

Frekuensi Pertemuan Komite Audit

Ukuran Perusahaan Ukuran Perusahaan = Ln of Total Asset

i pada tahun t At : Aset total perusahaan i pada tahun t

α(1/At-1) : intersep yang diskal

α(1/At-1) : intersep yang diskala dengan to

At-1 : Aset total perusahaan i pada tahun t-1

1 = Sangat Jarang ( < 4 pertemuan dlm 1 thn )

liat di calk bagian modal saham

kepemilikan manajerial yaitu % modal saham yang

liat di calk bagian modal saham

kepemilikan institusional yaitu % modal saham yang

At-1) : intersep yang diskala

hir pada tahun t

ep yang diskala dengan total St-1/At-1 : penjualan pada

NO KODE TAHUN Cash Flow Operation t At-1

NO KODE TAHUN PROD t At-1

Coefficients Standard Error t Stat P-value Lower 95%

Predicted Y Residuals Standard Residuals

NO KODE TAHUN DISEXP t At-1 At

Coefficients Standard Error t Stat P-value

Observation Predicted Y Residuals Standard Residuals

Lower 95% Upper 95% Lower 95,0% Upper 95,0%

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