UCUN I 2017 2. MTK B.pdf

8-,&2%$8-,$1 1$6,21$/

8&81

,

603

,

07V

3$.(7

%

7$+81 3(/$-$5$1

/(0%$562$/

0DWD3HODMDUDQ +DUL7DQJJDO :DNWX

0DWHPDWLND

6HODVD )HEUXDUL 3XNXO PHQLW

3(781-8.8080

7XOLVQRPRU$QGDSDGDOHPEDUMDZDEDQNRPSXWHU/-.

3HULNVDODKGDQEDFDODKVRDOVRDOGHQJDQWHOLWLVHEHOXPPHQMDZDE 'DKXOXNDQPHQMDZDEVRDOVRDO\DQJ$QGDDQJJDSPXGDK .HUMDNDQSDGD/-.\DQJGLVHGLDNDQ

+LWDPNDQODKEXODWDQSDGDKXUXIMDZDEDQ\DQJ$QGDDQJJDSEHQDUGHQJDQPHQJJXQDNDQSHQVLO% $SDELODDGDMDZDEDQ\DQJ$QGDDQJJDSVDODKPDNDKDSXVODKMDZDEDQ\DQJVDODKWHUVHEXWVDPSDLEHUVLK

NHPXGLDQKLWDPNDQEXODWDQSDGDKXUXIMDZDEDQODLQ\DQJ$QGDDQJJDSEHQDU &RQWRK

D VHEHOXPGLMDZDE $ %

F

'

EVHVXGDKGLMDZDE $ %

F

'

F VHVXGDKGLSHUEDLNL $ %

F

'

3(781-8..+8686

+LWDPNDQODKVDODKVDWXEXODWDQSDGDKXUXI$%&DWDX'\DQJ$QGDDQJJDSEHQDUSDGDOHPEDUMDZDEDQNRPSXWHU

& '

5LQR PHQDEXQJ SDGD %DQN %1, VHEHVDU

5S 6HWHODK EXODQ XDQJQ\D

PHQMDGL5S%HVDUEXQJDSHUWDKXQ DGDODK

'XDVXNXEHULNXWGDULEDULVDQELODQJDQ DGDODK

$ &

% '

%HQWXN VHGHUKDQD GDUL -OV[

-

-V

DGDODK

$

-V

&

-M

%

IL

'

IL

& ' $

%

3HGDJDQJ PHQMXDO VHEXDK UDGLR GHQJDQ KDUJD 5S-LND LD XQWXQJ GDUL KDUJD SHPEHOLDQ PDND KDUJD SHPEHOLDQ UDGLR WHUVHEXWDGDODK

$ 5S & 5S

% 5S ' 5S

6XKXGLGDODP NXONDVƒVHGDQJNDQVXKX GL UXDQJDQ ƒ& 3HUEHGDDQ VXKX GL NHGXD WHPSDWWHUVHEXWDGDODK

$ ƒ& & ƒ&

% ƒ& ' ƒ&

+DVLOGDUL

[

DGDODK

$ &

% '

6HRUDQJ SHPERURQJ GDSDW PHQ\HOHVDLNDQ SHPEDQJXQDQ SRV NHDPDQDQ VHODPD KDUL GHQJDQ SHNHUMD RUDQJ $JDU SHNHUMDDQ LWX VHOHVDL KDULPDNDWDPEDKDQSHNHUMD\DQJ GLSHUOXNDQVHEDQ\DN

$ RUDQJ & RUDQJ

% RUDQJ ' RUDQJ

-DUDNNRWD$NHNRWD % NP-LNDMDUDNNHGXD NRWD SDGD SHWD FP PDND VNDOD SDGD SHWD DGDODK

$ %

+DVLOGDUL DGDODK

$ &BO

%

'

3HUKDWLNDQJDPEDUSRODGLEDZDK

,

3HUKDWLNDQJDPEDU

5HODVLGDULKLPSXQDQ$NHKLPSXQDQ% DGDODK

'

F

'

[

K

S

ଛ

āāāāāāāāāāāāāāāā

āāāāāāāā

āāāāāāāāāāāāāāāāāā4

%

F

'

3HUKDWLNDQJDPEDU

)

3HUVDPDDQJDULVKDGDODK

$ \ [ &\ [

% \ [ ' \ [

F

'LNHWDKXL$% FP$) FP%' 2FP /XDVEDQJXQWHUVHEXWDGDODK

$ FP &FP

% FP ' FP

6HEXDK NDSDO GDUL SHODEXKDQ EHUOD\DU NH VHODWDQVHMDXKNPNHPXGLDQEHORNNHWLPXU VHMDXK NP -DUDNWHUGHNDW NDSDO VHNDUDQJ GDULSHODEXKDQDGDODK

$ NP &NP

% NP ' NP

-LNDST GDQST PDNDST DGDODK

$

%

%HVDU NHGXD VXGXW VHJLWLJD ƒ GDQ ƒ 'LWLQMDX GDUL SDQMDQJ VLVL GDQ VXGXWQ\DMHQLV VHJLWLJDWHUVHEXWDGDODK

$ 6HJLWLJDODQFLSVDPDNDNL % 6HJLWLJDWXPSXOVDPDNDNL

&6HJLWLJDVLNXVLNXVHPEDUDQJ ' 6HJLWLJDODQFLSVHPEDUDQJ 3HUKDWLNDQJDPEDU

\

*UDGLHQJDULV34GLEDZDKDGDODK

$

LāāāLāāāLāāāLāāāāāāā

‡ ‡

‡

‡

‡

‡‡

‡

‡

& ^`

' ^`

$ NXUDQJGDUL % IDNWRUGDUL

&GXDNDOLGDUL ' VHWHQJDKGDUL

&RUDQJ ' RUDQJ

&GDQ ' GDQ

‡

‡

‡

‡‡

‡

‡

‡

‡

‡

$ RUDQJ

% RUDQJ

%DQ\DNWLWLN SDGDSRODNHDGDODK

$ &

% '

'DULVLVZDGLNHODV$VLVZDSHQJJHPDU JURXS PXVLN:DOL GDQ VLVZD SHQJJHPDU JURXS PXVLN 'HZD -LND VLVZD EXNDQ SHQJJHPDUJURXSPXVLN:DOLPDXSXQ'HZD PDND EDQ\DN VLVZD \DQJ KDQ\D PHQMDGL SHQJJHPDU :DOLDGDODK

'LNHWDKXLUXPXVIXQJVL I[ D[E -LNDI GDQI

PDNDQLODL IDGDODK

$

&

% ଛଛ

+LPSXQDQSHQ\HOHVDLDQGDUL

[ ![

GHQJDQ[DQJJRWDELODQJDQEXODWDGDODK

$ ^ ` &^ `

% ^ ` ' ^ `

-LND0 ^[>[V[

(

JDQMLO`GDQ 1 ^[

,

V

[ [(SULPD` PDND081

$ ^`

% ^`

'DULSHPIDNWRUDQEHULNXW

2[ 2[ [ [

[ [ [ [

[ [ [[

[ [[

\DQJEHQDUDGDODK

$ GDQ

% GDQ

& 5S ' 5S .HEXQEHUEHQWXN OLQJNDUDQGHQJDQSDQMDQJ

GLDPHWHU P DNDQ GLSDVDQJ NDZDW GL VHNHOLOLQJQ\D VHEDQ\DN SXWDUDQ-LND ELD\D PNDZDW 5SPDNDELD\DVHOXUXKQ\D DGDODK

$ 5S % 5S

%HVDU /$%& SDGD JDPEDU GL EDZDK LQL 3HUKDWLNDQJDPEDU

DGDODK $

F

$

ƒ

% '

F

ƒ _{6[ [} ƒ %

' ƒ _%

F

%& $&

35 34

$% %&

45 35

3HUKDWLNDQJDPEDUWUDSHVLXPVDPDNDNL$%&'

' &

4L6?

F

LLL

'

LY

WHJDN OXUXV GHQJDQ NXEXV $%&'()*+

& ()'& '%&+(

$ L

%

LL

$

3 DGDODKWLWLNSXVDWOLQJNDUDQ-LND OXDVMXULQJ 3$% FPOXDVMXULQJ3%&DGDODK

$ FP & FP

% FP ' FP

Lଛ LL&IUD

LLLଛ LY ଛ

'DUL UDQJNDLDQ SHUVHJL GL EDZDK \DQJ PHUXSDNDQMDULQJMDULQJNXEXVDGDODK %LGDQJ GLDJRQDO \DQJ

ELGDQJ $'*) SDGD DGDODK

$ '&)+ % $%*+

&P ' P & GDQ ' GDQ <DQJEHQDUDGDODK

$ GDQ % GDQ

7LDQJVHWLQJJL PHWHUPHPSXQ\DLED\DQJDQ FP -LND SDQMDQJ ED\DQJDQ VHEXDK JHGXQJ PHWHU EHUDSDNDK WLQJJL JHGXQJ WHUVHEXW"

$ P

%

P

3DGD E$%& EHVDU /$ ƒGDQ/& ƒ

3DGDE345/3 ƒGDQ/5 ƒ

-LNDE$%& GDQE345 VHEDQJXQ PDND GDUL SHUQ\DWDDQEHULNXW

$% $&

45 35

$& $%

35 34

%DQ\DN SDVDQJDQ VHJLWLJD NRQJUXHQ SDGD JDPEDUWHUVHEXWDGDODK

$ SDVDQJ &SDVDQJ

% SDVDQJ ' SDVDQJ

$ % 3HUKDWLNDQ JDPEDU EHQGD \DQJ GLEHQWXN

ROHKNHUXFXWGDQWDEXQJ

FP

3HUKDWLNDQJDPEDUSXVDWOLQJNDUDQ

V

5

-LND/546

/536 ƒPDNDEHVDU

/526

/576

FP

FP

9ROXPEDQJXQWHUVHEXWDGDODK Q $ FP &FP

% FP ' FP

&MDPPHQLW ' MDP PHQLW $ ƒ

% ƒ &' ƒƒ 6HEXDKWHPSDWSHQDPSXQJDQ DLUEHUEHQWXNWDEXQJGHQJDQWLQJJL PGDQGLDPHWHU FP7HPSDWSHQDPSXQJDQDLULWXDNDQGLLVLDLU GHQJDQ NHFHSDWDQ UDWDUDWD OLWHUSHUPHQLW 7HPSDW SHQDPSXQJDQ WHUVHEXW DNDQ SHQXK VHWHODK

$ MDPPHQLW % MDPPHQLW

FP

3HUKDWLNDQ JDPEDU EHQGD \DQJ WHUGLUL GDUL

NXEXVGDQOLPDV

'

%

BB

%

'DODP VDWX NDQWRQJ WHUGDSDW NHOHUHQJ VHEDJDLEHULNXW

ଛ

Iଛ

Lଛଛଛ

LଛଛO

LY

L‡

L\

2/!//&/BBBBB/////BBBOO///@/BBO///OBB>/ଛ

B--DQXDUL

$

&

'

'DODP SHUFREDDQ PHOHPSDU VHEXDK GDGX SHOXDQJPXQFXOPDWDGDGXNHOLSDWDQDGDODK

$

F

'DWD SHQMXDODQWHOHYLVLSDGDEXODQSHUWDPD

WDKXQ GL VXDWX WRNR -LND WHOHYLVL \DQJ

WHUMXDO SDGD EXODQ 0DUHW EXDK PDND EDQ\DNWHOHYLVL\DQJWHUMXDOSDGDEX,DQ-DQXDUL DGDODK

&GDQ ' GDQ

&FP

'

FP

FP

$FP

%

FP

,

,

1LODL UDWDUDWD NDOL XODQJDQ %XGL 6DODK VDWX QLODL EHOXP WHUFDWDW VHGDQJNDQ QLODL \DQJ WHUFDWDWDGDODK GDQ 1LODL \DQJEHOXPWHUFDWDWDGDODK

$ &

% '

/XDVSHUPXNDDQEHQGDWHUVHEXWDGDODK

$FP &FP

% FP ' FP

/XDV EROD GHQJDQ SDQMDQJ GLDPHWHU FP DGDODKUU 6

0HGLDQGDQPRGXVGDULGDWD DGDODK

$ GDQ % GDQ

Q

+LWDP 0HUDK KLMDX ELUX .XQLQJ

-LNDGLDPELOVHEXDK NHOHUHQJVHFDUDDFDNQLODL NHPXQJNLQDQWHUDPELONHOHUHQJKLMDXDGDODK $ &

% '