rekap

Lampiran 1 Rangkuman Analisis Aspek Keuangan

Biaya Laba Payback
No Produk Investasi Penghasilan Operasional Bersih Cash flow (Tahun)
1 Ayam potong 1,293,000,000 2,031,071,700 3,624,269,597 (1,615,790,203) (448,790,203) > 5 thn
2 Ikan mas 39,000,000 73,000,000 50,903,052 11,812,405 20,012,405 5 thn 8 bln
3 Kompos 161,360,000 466,986,984 428,017,774 2,704,049 30,064,049 > 5 thn

Page 1
 rekap

NPV IRR PI
(484,950,896) Err:523 (0.38)
10,735,887 Err:523 0.28
(343,358) 17.62% (0.00)

Page 2
 Investasi

kebutuhan ukuran/satuan jumlah harga

lahan hektar 0.5 -
kandang msq 192msq 62,500,000 6.25
mesin penetas unit 5 10,000,000
genset unit 1 2,500,000
gudang msq 12msq 32,000,000
peralatan kandang
ember unit 5 60,000
tempat minum 10 lt/unit 50 1,350,000
tempat makan unit 50 1,250,000
gerobak unit 1 350,000
cangkul unit 1 60,000
skop unit 1 60,000
handsprayer unit 1 650,000
sepatu bot unit 1 85,000
telur butir 1000 2,500,000
kendaraan motor/unit 1 30,000,000
Total investasi awal 143,365,000

biaya operasional
itik ekor 300 500,000
pakan kg 1440 8,640,000 90,135.19
bbm genset liter 10 80,000
bbm motor liter 30 240,000 58.357530529
listrik kwh 20 200,000 4.8631275441
upah tenaga kerja org/hari 1 1,500,000
atk paket 1 50,000
obat paket 0.08333 83,333
biaya tdk terduga paket 1 1,000,000
sewa lahan 250,000
total biaya operasional 12,543,333 x12 150,520,000

Perkiraan penjualan dan pendapatan

Produk jumlah harga pendapatan
telur 3000 2500 7,500,000
DOD 600 10000 6,000,000
pupuk 100 15000 1,500,000
Total perkiraaan pendapatan per bulan 15,000,000 x12 180,000,000

margin 2,456,667 x12 29,480,000

 ayam
asumsi:
biaya operasional dan harga naik 10% per tahun
baseline produksi ayam ras (Agustus 2006)
harga jual per kg 10,500

estimasi penjualan ayam

tahun populasi Estimasi harga exp demand
2,006 66,245 10500 50%
2,007 66,245 11550 55%
2,008 66,245 12705 60%
2,009 66,245 13975.5 65%
2,010 66,245 15373.05 70%
2,011 66,245 16910.355 75%
total

estimasi biaya operasional

tahun
no jenis biaya 2006 2007
1 bibit 66,245,000 72,869,500
2 pakan 397,470,000 437,217,000
3 biaya obat 993,675 1,093,043
4 kapur sekam 800,000 960,000
5 listrik 1,200,000 1,440,000
6 BBM 10,480,000 11,528,000
7 pemeliharaan 1,200,000 1,260,000
8 biaya adm 1,200,000 1,260,000
jumlah 479,588,675 527,627,543

akumulasi penyusutan aktiva tetap da

no komponen % depr Usia eko
1 tanah
2 kandang 20% 5
3 perlengkapan kdg 20% 5
4 kantor 20% 5
5 gudang 20% 5
6 peralatan ternak 20% 5
7 peralatan kantor 20% 5
8 generator listrik 20% 5
9 instalasi air 20% 5
10 biaya pra usaha
total investasi

proyeksi laporan rugi laba (dalam rupiah)

no komponen 2006 2007
1 Penghasilan 347,786,250 420,821,363
2 biaya operasional 479,588,675 527,627,543
3 penyusutan 233,400,000 233,400,000
4 Laba sebelum pajak (365,202,425) (340,206,180)
5 pajak penghasilan (54,780,364) (51,030,927)
6 laba setelah pajak (310,422,061) (289,175,253)

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 ayam
7 Cash flow (77,022,061) (55,775,253)
Df 18.00%
NPV (484,950,895.71)
IRR Err:523
PI (0.38)

perhitungan payback period

total investasi 1,293,000,000
proceed tahun 2006 (77,022,061)
sisa 1,370,022,061
proceed tahun 2007 (55,775,253)
sisa pp 1,370,022,061 x 360 hari =
(55,775,253)
maka, payback period ayam potong adalah lebih dari 10 tahun

tahun proceed df 18% pv of proceed

2006 (77,022,061) 0.8475 (65,276,197)
2007 (55,775,253) 0.7182 (40,057,787)
2008 (98,173,005) 0.6086 (59,748,091)
2009 (141,167,153) 0.5158 (72,814,017)
2010 (184,876,975) 0.4371 (80,809,726)
2011 216,448,489 0.3704 80,172,520
pv of proceed (238,533,298)
pv of investment 1,293,000,000
NPV (1,531,533,298)

perhitungan IRR
tahun proceed 18% pv of proceed
2006 (77,022,061) 0.8475 (65,276,197)
2007 (55,775,253) 0.7182 (40,057,787)
2008 (98,173,005) 0.6086 (59,748,091)
2009 (141,167,153) 0.5158 (72,814,017)
2010 (184,876,975) 0.4371 (80,809,726)
2011 216,448,489 0.3704 80,172,520
pv of proceed (238,533,298)
pv of investment 1,293,000,000
NPV (1,531,533,298)

Page 5
 ayam

13,249

demand estimasi sales

33,123 347,786,250
36,435 420,821,363 30
39,747 504,985,635
43,059 601,774,548
46,372 712,871,388
49,684 840,169,850
248,419 3,428,409,034

biaya operasional
tahun
2008 2009 2010 2011
79,494,000 86,118,500 92,743,000 99,367,500
476,964,000 516,711,000 556,458,000 596,205,000
1,311,651 1,573,981 1,888,777 2,266,533
1,152,000 1,382,400 1,658,880 1,990,656
1,728,000 2,073,600 2,488,320 2,985,984
13,833,600 16,600,320 19,920,384 23,904,461
1,512,000 1,814,400 2,177,280 2,612,736
1,512,000 1,814,400 2,177,280 2,612,736
577,507,251 628,088,601 679,511,921 731,945,606

akumulasi penyusutan aktiva tetap dan total investasi

Perolehan 2006 2007 2008
125,000,000 - - -
30,000,000 6,000,000 6,000,000 6,000,000
1,000,000 200,000 200,000 200,000
500,000,000 100,000,000 100,000,000 100,000,000
600,000,000 120,000,000 120,000,000 120,000,000
20,000,000 4,000,000 4,000,000 4,000,000
5,000,000 1,000,000 1,000,000 1,000,000
10,000,000 2,000,000 2,000,000 2,000,000
1,000,000 200,000 200,000 200,000
1,000,000
1,293,000,000 233,400,000 233,400,000 233,400,000

rugi laba (dalam rupiah)

2008 2009 2010 2011
420,821,363 420,821,363 420,821,363 840,169,850
577,507,251 628,088,601 679,511,921 731,945,606
233,400,000 233,400,000 233,400,000 0
(390,085,889) (440,667,239) (492,090,559) 108,224,245
(58,512,883) (66,100,086) (73,813,584)
(331,573,005) (374,567,153) (418,276,975) 108,224,245

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 ayam
(98,173,005) (141,167,153) (184,876,975) 108,224,245

-294.759124355743
307 hari/30 = 10 bulan 25 hari

RR
36% pv of proceed
0.7353 (56,634,322)
0.5407 (30,157,679)
0.3975 (39,023,770)
0.2923 (41,263,159)
0.2149 (39,730,062)
0.158 34,198,861
(172,610,130)
1,293,000,000
(1,465,610,130)

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 ayam

kebutuhan BBM
minyak tanah solar pelumas total
3,600,000 5,880,000 1,000,000 10,480,000

2009 2010
- -
6,000,000 6,000,000
200,000 200,000
100,000,000 100,000,000
120,000,000 120,000,000
4,000,000 4,000,000
1,000,000 1,000,000
2,000,000 2,000,000
200,000 200,000

233,400,000 233,400,000

total
2,031,071,700
3,624,269,597

(1,615,790,203)

Page 8
 ayam
(448,790,203)

Page 9
 ikan
asumsi:
biaya operasional naik 10% per tahun dan harga konstan
baseline produksi budidaya air tenang/deras ( agustus 2006) 2,000
harga jual per kg 10,000
estimasi penjualan ikan
tahun populasi exp demand demand estimasi sales
2,006 2,000 45% 900 9,000,000
2,007 2,000 50% 1,000 10,000,000
2,008 2,000 55% 1,100 11,000,000
2,009 2,000 60% 1,200 12,000,000
2,010 2,000 75% 1,500 15,000,000
2,011 2,000 80% 1,600 16,000,000
total 7,300 73,000,000

estimasi biaya operasional

tahun
no jenis biaya 2006 2007 2008
1 gaji 4,200,000 4,620,000 4,851,000
2 biaya pakan 1,200,000 1,320,000 1,452,000
3 biaya obat 1,200,000 1,440,000 1,728,000
4 biaya bibit 1,000,000 1,200,000 1,440,000
5 biaya pemeliharaan 600,000 720,000 864,000
jumlah 6,600,000 7,380,000 8,031,000

akumulasi penyusutan aktiva tetap dan total investasi

no komponen % depr Usia eko Perolehan
1 tanah 0% 25,000,000
2 biaya perizinan 0% 1,000,000
3 pondok 20% 5 1,000,000
4 kolam 10% 10 12,000,000
total investasi 39,000,000

proyeksi laporan rugi laba (dalam rupiah)

no komponen 2006 2007 2008
1 Penghasilan 9,000,000 10,000,000 11,000,000
2 biaya operasional 6,600,000 7,380,000 8,031,000
3 penyusutan 1,400,000 1,400,000 1,400,000
4 Laba sebelum pajak 1,000,000 1,220,000 1,569,000
5 pajak penghasilan 150,000 183,000 235,350
6 laba setelah pajak 850,000 1,037,000 1,333,650
7 Cash flow 2,250,000 2,437,000 2,733,650
Df 18%
NPV 10,735,887
IRR Err:523
PI 0.28

perhitungan payback period

total investasi 39,000,000
proceed tahun 2006 2,250,000
sisa 36,750,000

Page 10
 ikan
proceed tahun 2007 2,437,000
sisa 34,313,000
proceed tahun 2008 2,733,650
sisa 31,579,350
2009 2,960,303
sisa 28,619,048
2010 4,805,553 59.214222715956
sisa 23,813,495
2011 4,825,900
sisa pp 23,813,495 x 360 hari = 253 hari/30 =
4,825,900
maka, payback period ikan mas air darat adalah 5 tahun 8 bulan 4 hari

perhitungan npv
tahun proceed df 18% pv of proceed
2006 2,250,000 0.8475 1,906,875.00
2007 2,437,000 0.7182 1,750,253.40
2008 2,733,650 0.6086 1,663,699.39
2009 2,960,303 0.5158 1,526,924.03
2010 4,805,553 0.4371 2,100,507.05
2011 4,825,900 0.3704 1,787,513.49
pv of proceed 10,735,772
pv of investment 39,000,000
NPV (28,264,228)

perhitungan IRR
tahun proceed df 18% pv of proceed df 36%
2006 2,250,000 0.8475 1,906,875 0.7353
2007 2,437,000 0.7182 1,750,253 0.5407
2008 2,733,650 0.6086 1,663,699 0.3975
2009 2,960,303 0.5158 1,526,924 0.2923
2010 4,805,553 0.4371 2,100,507 0.2149
2011 4,825,900 0.3704 1,787,513 0.158
pv of proceed 10,735,772
pv of investment 39,000,000
NPV (28,264,228)

IRR: 18% + (28,264,228) (36% - 18%)

4,016,534

18% + -7.037 18
18% + -127

18% + 8% = 26%

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 ikan

tahun
2009 2010 2011
5,093,550 5,348,228 5,615,639
1,597,200 1,756,920 1,932,612
2,073,600 2,488,320 2,985,984
1,728,000 2,073,600 2,488,320
1,036,800 1,244,160 1,492,992
8,764,350 9,593,468 10,534,235

2006 2007 2008 2009 2010 2011

200,000 200,000 200,000 200,000 200,000

1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
1,400,000 1,400,000 1,400,000 1,400,000 1,400,000 1,200,000

dalam rupiah)
2009 2010 2011 total
12,000,000 15,000,000 16,000,000 73,000,000
8,764,350 9,593,468 10,534,235 50,903,052
1,400,000 1,400,000 1,200,000
1,835,650 4,006,533 4,265,765
275,348 600,980 639,865
1,560,303 3,405,553 3,625,900 11,812,405
2,960,303 4,805,553 4,825,900 20,012,405

Page 12
 ikan

8 bulan 4 hari

pv of proceed
1,654,425
1,317,686
1,086,626
865,296
1,032,713
762,492
6,719,239
39,000,000
(32,280,761)

Page 13
 kompos
asumsi:
biaya operasional naik 10% per tahun dan harga konstan
baseline luas lahan palawija ( 2004) 221,000
harga jual per kg 750
estimasi penjualan pupuk kompos
tahun luas lahan (m2) Estimasi harga exp demand demand
2,006 221,000 750 15% 33,150
2,007 221,000 787.5 25% 55,250
2,008 221,000 826.875 35% 77,350
2,009 221,000 868.21875 45% 99,450
2,010 221,000 911.6296875 55% 121,550
2,011 221,000 957.211171875 65% 143,650
total 530,400

estimasi biaya operasional

tahun
no jenis biaya 2006 2007 2008
1 bahan baku 4,760,214 5,236,235 5,498,047
2 listrik 331,500 364,650 401,115
3 pembelian karung 103,594 113,953 136,744
4 gaji karyawan 36,000,000 37,800,000 45,360,000
5 transportasi 6,731,025 7,404,127 8,884,953
6 BBM 1,151,931 1,267,124 1,330,480
7 Perawatan 500,000 550,000 577,500
jumlah 49,578,263 52,736,089 62,188,838

akumulasi penyusutan aktiva tetap dan total investasi

no komponen % depr Usia eko Perolehan
A Tanah 125,000,000
B Mesin
1 perajang sampah 20% 5 10,000,000
2 drum air 50% 2 60,000
3 derigen solar 50% 2 15,000
4 ember corong 50% 2 25,000
5 kereta sorong 33% 3 500,000
C Penimbang
timbangan gantung 20% 5 250,000
timbangan duduk 20% 5 75,000
kotak kayu 33% 3 75,000
D Alat bibit 33% 3 150,000
E Pembuat pupuk
mesin air 20% 5 4,000,000
cangkul 20% 5 40,000
garpu 20% 5 40,000
gembor 20% 5 30,000
tenda plastik 50% 2 100,000
F Gudang 10% 10 20,000,000
G Pra usaha 1,000,000
total investasi 161,360,000

Page 14
 kompos
proyeksi laporan rugi laba (dalam rupiah)
no komponen 2006 2007 2008
1 Penghasilan 24,862,500 43,509,375 63,958,781
2 biaya operasional 49,578,263 52,736,089 62,188,838
3 penyusutan 5,228,667 5,228,667 5,128,667
4 Laba sebelum pajak (29,944,430) (14,455,381) (3,358,724)
5 pajak penghasilan - - -
6 laba setelah pajak (29,944,430) (14,455,381) (3,358,724)
7 Cash flow (24,715,763) (9,226,714) 1,769,943
Df 18.00%
NPV (343,358)
IRR 17.62%
PI (0.0021)

perhitungan payback period

total investasi 161,360,000
proceed tahun 2006 (24,715,763)
sisa 186,075,763
proceed tahun 2007 (9,226,714)
sisa 195,302,477 3116.9892488468
proceed tahun 2008 1,769,943
sisa 193,532,534
proceed tahun 2009 11,671,500
sisa 181,861,034
proceed tahun 2010 21,004,234
sisa pp 181,861,034 x 360 hari = 200 hari/30 =
21,004,234
maka, payback period kompos adalah 4 tahun 6 bulan 7 hari

perhitungan npv
tahun proceed df 18% pv of proceed
2006 (24,715,763) 0.8475 (20,946,609)
2007 (9,226,714) 0.7182 (6,626,626)
2008 1,769,943 0.6086 1,077,187
2009 11,671,500 0.5158 6,020,160
2010 21,004,234 0.4371 9,180,951
2011 29,560,849 0.3704 10,949,338
pv of proceed (345,599)
pv of investment 161,360,000
NPV (161,705,599)

perhitungan IRR
tahun proceed df 18% pv of proceed df 36%
2006 (24,715,763) 0.8475 (20,946,609) 0.7353
2007 (9,226,714) 0.7182 (6,626,626) 0.5407
2008 1,769,943 0.6086 1,077,187 0.3975
2009 11,671,500 0.5158 6,020,160 0.2923
2010 21,004,234 0.4371 9,180,951 0.2149
2011 29,560,849 0.3704 10,949,338 0.158
pv of proceed (345,599)
pv of investment (6,626,626)
NPV 6,281,027

Page 15
 kompos

harga per satuan

harga sat komp/kg biaya/kg
estimasi sales 165 0.1103 18.1995
24,862,500 110 0.1103 12.133
43,509,375 44 0.1103 4.8532
63,958,781 55 0.1103 6.0665
86,344,355 330 0.1103 36.399
110,808,589 30250 0.0011 33.275
137,503,385 550 0.011 6.05
466,986,984 4840 0.0055 26.62
36344 0.5691 143.5962

tahun
2009 2010 2011
5,772,950 6,061,597 6,364,677
441,227 485,349 533,884
164,093 196,911 236,293
54,432,000 65,318,400 78,382,080
10,661,943 12,794,332 15,353,198
1,397,004 1,466,854 1,540,197
606,375 636,694 668,528
73,475,590 86,960,136 103,078,857

2006 2007 2008 2009 2010

2,000,000 2,000,000 2,000,000 2,000,000 2,000,000

30,000 30,000
7,500 7,500
12,500 12,500
166,667 166,667 166,667

50,000 50,000 50,000 50,000 50,000

15,000 15,000 15,000 15,000 15,000
25,000 25,000 25,000
50,000 50,000 50,000

800,000 800,000 800,000 800,000 800,000

8,000 8,000 8,000 8,000 8,000
8,000 8,000 8,000 8,000 8,000
6,000 6,000 6,000 6,000 6,000
50,000 50,000
2,000,000 2,000,000 2,000,000 2,000,000 2,000,000

5,228,667 5,228,667 5,128,667 4,887,000 4,887,000

Page 16
 kompos
dalam rupiah)
2009 2010 2011 total
86,344,355 110,808,589 137,503,385 466,986,984
73,475,590 86,960,136 103,078,857 428,017,774
4,887,000 4,887,000 2,000,000
7,981,764 18,961,452 32,424,528
1,197,265 2,844,218 4,863,679
6,784,500 16,117,234 27,560,849 2,704,049
11,671,500 21,004,234 29,560,849 30,064,049

6 bulan 7 hari

pv of proceed
(18,173,500)
(4,988,884)
703,552
3,411,579
4,513,810
4,670,614
(9,862,829)
(6,626,626)
(3,236,203)

Page 17
 kompos

gaji karyawan
jabatan jumlah gaji/bln/org total
teknisi 1 750,000 9,000,000
mandor 1 500,000 6,000,000
karyawan 5 350,000 21,000,000
total 7 1,600,000 36,000,000

biaya transport
jenis biaya/unit total biaya
sampah 45000 4,244,774.63
pupuk 75 2,486,250.00
total 45075 6,731,024.63

biaya BBM/solar
kg ppk/ltr kbthn BBM harga/liter total
120.866666667 274.27 4200 1,151,930.50

2011

2,000,000

2,000,000

Page 18