TUGAS I

MANAJEMEN KEUANGAN
KELAS A
(Bumi Serpong Damai Tbk.)

Oleh:
1.Muhammad Alief Naufal Hibatullah (2018310301)
2.Puti Intan Clarikha (2018310488)
 ANALISIS INDEKS 2017/2018
A. Laporan posisi keuangan
Aset
Aset lancar
5.793.029 .077 .323
Kas dan setara kas = 8.139.323 .593 .710 = 0,7117 x 100 = 71,173

594.093.343 .610
Dana yg dibatasi penggunaannya = 713.666.526 .329 = 0,8324 x 100 = 83,245

169.309.235 .663
Asset keuangan lancar utk dijual = 221.461.364 .183 = 0,7645 x 100 = 76,450

465.114 .282.787
Piutang usaha pihak ketiga = 277.393.244 .346 = 1,6767 x 100 = 167,673

24.501.431 .664
Piutang usaha pihak berelasi = 15.358.231 .092 = 1,5953 x 100 =159,532

966.620.550
Piutang sewa pembiayaan lancar = 88.729.979 .489 = 0,0109 x 100 = 1,089

39.545.896 .444
Piutang lainnya pihak ketiga = 54.179 .720.468 = 0,7299 x 100 = 72,990

95.792.901 .969
Piutang lainnya pihak berelasi = 162.661.047 .536 = 0,5889 x 100 = 58,891

7.907.234 .974 .702

Persediaan real estate lancar = 9.041.004 .644 .615 = 0,8746 x 100 = 87,459

3.034 .447 .453

Persediaan lancar lainnya = 3.385.474 .215 = 0,8963 x 100 = 89,631

21.257 .908.995
Biaya dibayar dimuka lancar = 22.757 .885.221 = 0,9340 x 100 = 93,409

2.054 .092.836 .813

Uang muka lancar lainnya = 1.697 .952.556 .530 = 1,2097 x 100 = 120,975

792.048.537 .407
Pajak dibayar dimuka lainnya = 506.721.285 .334 = 1,5630 x 100 = 156,308

4.502 .461.439
Asset non keuangan lancar lainnya = 4.082 .920.584 = 1,102 x 100 = 110,275

17.964 .523.956 .819

Jumlah asset lancar = 20.948 .678.473 .652 = 0,857 x 100 = 85,754

Aset tidak lancar

19.339.861 .967
piutang dari pihak berelasi = 14.409.514 .881 = 1,3421 x 100 = 134,215
 1.614 .127 .493
piutang tdk lancar dr pihak ke-3 lainnya = 198.290.293 = 8,140 x 100 = 814,022

5.946.790 .464 .008

investasi pada entitas asosiasi = 6.049.638 .987 .224 = 0,982 x100 = 98,299

1.241.928 .562 .209

investasi pada entitas ventura bersama = 1.410.603 .081 .994 = 0,880 x 100 = 88,042

1.220.253 .896 .678

Uang muka tidak lancar lainnya = 1.602.982 .458 .378 = 0,7612 x 100 = 76,123

30.523.624 .421
Biaya dibayar dimuka tidak lancar = 22.881.174 .731 = 1,334 x 100 = 133,400

11.124 .003 .862.571

Asset real estat tidak lancar = 11.913 .374 .148 .535 = 0,933 x 100 = 93,374

7.370.388 .893 .677

Property investasi = 8.084 .982.223 .550 = 0,911 x 100 = 91,161

771.936 .999.821
Asset tetap = 676.536.086 .002 = 1,141 x100 = 114,101

9.302.932 .297
Goodwill = 9.302.932 .297 = 1 x 100 = 100

18.023.814 .300
Asset tidak lancar non keu lainnya = 18.061.386 .600 = 0,998 x 100 = 99,791

27.986.664 .518.338
Jumlah asset tidak lancar = 31.152.813 .730 .900 = 0,898 x 100 = 89,836

45.951 .188.475 .157

Jumlah asset = 52.101.492 .204 .552 = 0,881 x 100 = 88,196

250.000.000 .000
Pinjaman jangka pendek = 250.000.000 .000 = 1 x 100 = 100

1.767.640 .710 .376

Utang usaha pihak ke-3 = 550.335.936 .235 = 3,211 x 100 = 321,193

3.017 .061.609 .958

Uang muka pelanggan jk pdk pihak ke-3 = 2.934 .045.762 .637 = 1,028 x 100 = 102,829

131.834 .220.675
UMP jangka pendek pihak berelasi = 359.551.395 .793 = 0,367 x 100 = 36,666

156.398.046 .661
Beban akrual jangka pendek = 229.822.449 .573 = 0,680 x 100 = 68,051

112.151 .697.988
Utang pajak = 125.221.452 .840 = 0,895 x 100 = 89,562

177.441.099 .009
Uang jaminan jangka pendek = 197.583.540 .340 = 0,898 x 100 = 89,805

Liabilitas jk pjg yg jatuh tempo dlm 1

 8.518.000 .000
Tahun atas utang bank = 131.250.000 .000 = 0,064 x 100 = 6,489

Liabilitas jk pjg yg jatuh tempo dlm 1

43.463 .497 .854
Tahun atas liabilitas sewa pembiayaan = 3.481 .887.520 = 12,482 x100 = 1248,274

Liabilitas jk pjg yg jatuh tempo dlm 1

1.748.678 .161 .911
Th atas utang obligasi = 435.554 .090 .719 = 4,014 x 100 401,483

155.629 .913.219
Liabilitas non keuangan jk pdk lainnya = 402.084 .459 .265 = 0,387 x 100 = 38,705

7.568.816 .957 .723

Jumlah liabilitas jangka pendek = 6.231.233 .383 .026 = 1,214 x 100 = 121,465

1.328.772 .359 .948

Liabilitas jk panjang atas utang bank = 3.247.272 .359 .948 = 0,409 x 100 = 40,919

5.695.114 .210 .833

Liabilitas jk pjg atas utang obligasi = 9.883 .958.101 .918 = 0,576 x 100 = 57,619

108.465 .821.003
Uang jaminan jangka panjang = 138.453.717 .276 = 0,783 x 100 = 78,340

1.528.184 .080 .948

Uang muka pelanggan jk pjg pihak ke-3 = 1.861.968 .429 .994 = 0,820 x 100 = 82,073

Provisi pembangunan prasarana, fasilitas

108.633.285 .822
Umum,dan sosial jangka panjang = 74.134 .832 .465 = 1,465 x 100 = 146,534

406.045 .104 .321

Kewajiban imbalan pasca kerja jk pjg = 377.573 .429.675 = 1,075 x 100 =107,540

9.185.520 .428 .210

Jumlah liabilitas jk pjg = 15.583.360 .871 .276 = 0,589 x100 = 58,944

16.754 .337 .385.933

Jumlah liabilitas = 1.924 .669.619 .200 = 0,768 x 100 = 76,803

1.924 .669.619 .200

Saham biasa = 1.924 .669.619 .200 = 1 x 100 = 100

6.411 .155.813 .452

Tambahan modal disetor = 6.411 .155.813 .452 = 1 x 100 = 100

162.576 .298.270
Komponen ekuitas lainnya = 456.979 .814 .232 = 0,355 x 100 = 35,576

Saldo laba yg telah ditentukan

37.812.873 .217
Penggunaannya = 39.812.873 .217 = 0,949 x 100 = 94,976
Saldo laba yang belum ditentukan
17.130.410 .813 .931
Penggunaannya = 18.479.076 .131 .565 = 0,927 x 100 = 92,701

Jumlah ekuitas yg diatribusikan kpd

25.341.472 .812.530
Pemilik entitas induk = 26.109.732 .973 .109 = 0,970 x 100 = 97,057

3.855 .378.267 .694

Kepentingan non-pengendali = 4.177 .164 .977 .141 = 0,922 x 100 = 92,296

29.196 .851.089 .224

Jumlah ekuitas = 30.286.897 .950 .250 = 0,964 x 100 = 96,400

45.951 .188.475 .157

Jumlah liabilitas dan ekuitas = 52.101.492 .204 .552 = 0,881 x 100 = 88,195

B. Laporan laba rugi dan penghasilan komprehensif lain

10.347.343 .192 .163

Penjualan dan pendapatan usaha = 6.628.782 .185 .008 = 1,560 x 100 = 156,097

2.756 .914 .142.296

Beban pokok penjualan dan pendapatan = 1.874 .274 .191.288 = 1,470 x 100 = 147,092

7.590 .429 .049.865

Jumlah laba bruto = 4.754 .507 .993 .720 = 1,596 x 100 = 159,646

912.603.848 .105
Beban penjualan = 1.014 .991.016 .488 = 0,899 x 100 = 89,912

1.202.328 .379.604
Beban umum dan administrasi = 1.301.675 .569 .437 = 0,923 x 100 = 92,368

265.993.198 .809
Pendapatan keuangan = 386.665.017 .718 = 0,687 x 100 = 68,791

549.130.850 .528
Beban keuangan = 912.706 .869.025 = 0,601 x 100 = 60,165

Keuntungan (kerugian) selisih kurs mata

47.580 .504 .424
Uang asing = 1.671 .295.596 = -28,469 x 100 = -284,692

Bagian atas laba (rugi) entitas asosiasi yg

544.521.757 .669
Dicatat dg metode ekuitas = 108.458.497 .065 = 5,020 x 100 = 502,055

Bagian atas laba (rugi) entitas ventura

49.934 .580 .930
Bersama yg dicatat dg metode ekuitas = 45.593 .476 .722 = 1,095 x 100 = 109,521
 8.126 .691.556
Pendapatan lainnya = 81.385.457 .230 = 0,099 x 100 = 9,985

441.423 .374 .068

Beban lainnya = 297.300 .684 .230 = 1,484 x 100 = 148,477

5.206.069 .160 .240

Jmlh laba (rugi) sblm pajak penghasilan = 1.760.420 .645 .427 = 2,957 x 100 =295,738

39.349.089 .255
Pendapatan (beban) pajak = 58.602.950 .500 = 0,671 x 100 = 67,145

5.166 .720.070 .985

Jml laba (rugi) dr operasi yg dilanjutkan = 1.701.817 .694 .927 = 3,036 x 100 = 303,600

5.166 .720.070 .985

Jumlah laba (rugi) = 1.701.817 .694 .927 = 3,036 x 100 = 303,600

Pendapatan komprehensif lainnya atas

Pengukuran kembali kewajiban manfaat
71.182.634 .075
Pasti, setelah pajak = 59.295.360 .061 = -1,200 x 100 = -120,047

Jumlah pendapatan komprehensif lainnya

Yg tidak akan direklasifikasi ke laba rugi,

71.182.634 .075
Setelah pajak = 59.295.360 .061 = -1,200 x 100 = -120,047

Keuntungan (kerugian) selisih kurs

1.483 .104 .412
Penjabaran, setelah pajak = 318.862.115 .773 = 0,004 x 100 = 0,465

Keuntungan(kerugian) yg blm direalisasi

Atas perubahan nilai wajar aset keuangan
3.944 .286 .426
Yg tersedia utk dijual, setelah pajak = 3.765 .160.872 = 1,047 x 100 = 104,757

Penyesuaian lainnya atas pendapatan

Komprehensif lainnya yg akan
Direklasifikasikan ke laba rugi,
988.040.764
Setelah pajak = 2.048.737 .723 = 0,488 x 100 = 48,266

Jumlah pendapatan komprehensif lainnya,

Yg akan direklasifikasikan ke laba rugi,
1.473.141 .250
Setelah pajak = 317.145.692 .624 = -0,004 x 100 = -0,465
Jumlah pendapatan komprehensif lainnya,
69.709.492 .825
Setelah pajak = 257.850.332 .563 = 0,270 x 100 = 27,034

5.097.010 .578 .160

Jml laba rugi komprehensif = 1.443.967 .362 .364 = 3,529 x 100 = 352,986

Laba(rugi) yang dapat diatribusikan ke

4.920 .228 .055.346
Entitas induk = 1.293 .850.222 .563 = 3,802 x 100 = 380,278

Laba (rugi) yg dpt diatribusikan ke

246.492 .015.639
kepentingan non-Pengendali = 407.967 .472.364 = 0,604 x 100 = 60,419

Laba rugi komprehensif yg dpt

4.852 .978.904 .785
Diatribusikan ke entitas induk = 1.033.020 .848 .674 = 4,697 x 100 = 469,785

Laba rugi komprehensif yg dapat

Diatribusikan ke kepentingan non-
244.031 .673.375
Pengendali = 410.946 .513 .690 = 0,593 x 100 = 59,382

Laba (rugi) per saham dasar dari operasi

255,64
Yang dilanjutkan = 67,43 = 3,791 x 100 = 379,119
 ANALISIS RASIO
2017
LIKUIDITAS
a) Current ratio
current asset
CR = current liabilities

17.964 .523.956 .819

= 7.568.816 .957 .723

= 2,373

b) Quick ratio
current asset −Inventory
QR = current liabilities

17.964 .523.956 .819−7.910.269 .422 .155

= 7.568 .816.957 .723

= 1,328

c) Cash ratio
cash+equivalent
cR = current liabilities

(5.793 .029.077 .323)

=
7.568 .816 .957.723

= 0,765

LEVERAGE
A. Debt ratio
total debt
DR = total asset

16.754 .337 .385.933

= 45.951 .188.475 .157

= 0,3664

B. Debt to Equity Ratio

total debt
DTER = total equity

16.574 .337 .385.933

= 29.196 .851.089 .224
 = 0,568

C. Time Interest Earned Ratio

EBIT
TIER = Interest expense

5.062.395 .669.731
= 549.130 .850 .528

= 9,219

d) Debt service coverage

EBIT +interest
DSC = interest + lease

5.062.395 .669.731+549.130 .850 .528

= 549.130 .850 .528+3.526 .095.419

= 10,153

AKTIVITAS
A. Average Collection Period
A /Rx 1th
ACP = Total sales

27.986.664 .518.338 x 360

= 912.603 .848.105

= 11.040,05 hari

B. Receivable turn over

credit sales
RTO = average A /R

912.603 .848.105
= 10.476 .994 .730

= 87,105

C. Inventory turn over

cost of goods sales
ITO at cost= inventory

2.756.914 .142.298
= 7.910 .269.422 .155

= 0,349
 sales
At sales = inventory

912.603 .848 .105

= 7.910.269 .422.155

= 0,115

D. Total asset turn over

sales
TATO = total asset
912.603.848 .105
= 45.951 .188.475 .157

= 0,019

PROFITABILITAS
A. Gross profit margin
sales−COGS
GPM = sales

912.603 .848.105−2.756 .914 .142.298

= 912.603 .848 .105

= -2,020

B. Net profit margin

EAT
NPM = sales

48.797 .001.552
= 912.603 .848.105

= 0,053

C. Return on investment
EAT
ROI = total aset

48.797 .001.552
= 45.951 .188.475 .157

= 0,001

D. Return on equity
 EAT
ROE = equity

48.797 .001.552
= 29.196.851 .089 .224

= 0,002
2018

LIKUIDITAS
a) Current ratio
current asset
CR = current liabilities

20.948.678 .473 .652

= 6.231.233 .383 .026

= 3,362

b) Quick ratio
current asset −Inventory
QR = current liabilities

20.948.678 .473 .652−9.044 .390 .118 .830

= 6.231.233 .383 .026

= 1,910

c) Cash ratio
cash+equivalent
cR = current liabilities

8.139.323 .593 .710

= 6.231.233 .383 .026

= 1,306

LEVERAGE
a) Debt ratio
total debt
DR = total asset

21.814 .594 .254 .302

= 52.101 .492.204 .552

= 0,419

b) Debt to Equity Ratio

total debt
DTER = total equity
 21.814 .594 .254 .302
= 30.286 .897 .950.250

= 0,720

c) Time Interest Earned Ratio

EBIT
TIER = Interest expense

2.165.174 .819 .754

= 912.706 .869.025

= 2,372

AKTIVITAS
a) Average Collection Period
A / Rx 1thn
ACP = total sales

31.152.813 .730 .900 x 360

= 1.014 .991 .016 .488

= 11,049

b) Receivable turn over

credit sales
RTO = average A /R

1.014 .991.016 .488

= 7.303 . 902.587

= 138,966

c) Inventory turn over

cost of goods sales
ITO at cost= inventory

1.874 .274 .191.288

= 9.044 .390 .118.830

= 0,207

sales
At sales = inventory

1.014 .991.016 .488

= 9.044 .390 .118.830
 = 0,112

d) Total asset turn over

sales
TATO = total asset

1.014 .991 .016 .488

= 52.101.492 .204 .552

= 0,019

PROFITABILITAS
a) Gross profit margin
sales−COGS
GPM = sales

1.014 .991.016 .488−1.874 .274 .191.288

= 1.014 .991 .016 .488

= -0.847

b) Net profit margin

EAT
NPM = sales

61.491.827 .450
= 1.014 .991.016 .488

= 0,060

c) Return on investment
EAT
ROI = total aset

61.491 .827 .450

= 52.101.492 .204 .552

= 0,001

d) Return on equity
EAT
ROE = equity

61.491.827 .450
= 30.286.897 .950 .250
 = 0,002