Arus Kas

Tahun 0 1 2
Pendapatan Operasional 343,200 356,400
HPP (60% Pendapatan Operasional) 205,920 213,840
Bruto 137,280 142,560

Biaya ADM dan Umum 16,500 22,000

Biaya Pemasaran 5,500 6,600
Biaya lain-lain 550 550
Total Biaya 22,550 29,150

Investasi 120,000
Oportunity Cost 165,000

EBIT 114,730 113,410

EBITDA 90,730 89,410
Pajak (15%) 13,610 13,412
EAT 77,121 75,999

Depresiasi 24,000 24,000

Proceeds 101,121 99,999

NPV
Tahun Discount Factor Multiplier Proceeds Present Value
1 0.909 101,121 91,919
2 0.826 99,999 82,599
3 0.751 101,214 76,012
4 0.683 107,105 73,152
5 0.621 105,983 65,815
Total 515,420 389,497
Investasi 285,000
Net Present Value 104,497

IRR
Position Diskonto NPV
First 20% 21,527
Second 25% (9,685)
IRR 23.45%

PBP
33.2 Bulan
2.8 Tahun

PI
1.37
 3 4 5
369,600 382,800 396,000
221,760 229,680 237,600
147,840 153,120 158,400

24,750 22,000 27,500

7,700 8,800 9,900
550 550 550
33,000 31,350 37,950

114,840 121,770 120,450

90,840 97,770 96,450
13,626 14,666 14,468
77,214 83,105 81,983

24,000 24,000 24,000

101,214 107,105 105,983