LAMPIRAN
Lampiran 1
KONSTRUKSI PENGAMBILAN SAMPEL
Tabel 1
Konstruksi Sampel Berdasarkan Kriteria
Konstruksi Sampel*
Jumlah perusahaan terdaftar di BEI
492
(-) Industri keuangan
76
(-) data tidak memadai (ketiadaan beta)
124
(-) tidak memiliki goodwill positif dalam neraca
54
(-) menggunakan mata uang selain rupiah dalam laporan
keuangan
22
Total perusahaan
48
Sampel final untuk mengamatan 2 tahun (2 x perusahaan)
96
*Tabel ini memperlihatkan proses pengambilan sampel final yang digunakan
dalam penelitian ini berdasarkan kriteria yang telah ditetapkan sebelumnya.
Lampiran 2
REKAPITULASI COST OF EQUITY
Tabel 2
Perhitungan
Cost of Equity
No. Kode Nama Tanggal
Pendaftaran
Risk Free Rate (Rf) Market Risk Premium (MRP) Beta Cost of Equity
2011 2012 2011 2012 2011 2012 2011 2012
1 ABBA Mahaka Media Tbk 3-Apr-02 6.58% 5.77% 3.91% 3.91% 1.92 1.92 14.09% 13.28%
2 AKRA AKR Corporindo Tbk 03-Okt-1994 6.58% 5.77% 3.91% 3.91% 1.74 1.74 13.38% 12.57%
3 ANTM Aneka Tambang (Persero) Tbk 27-Nop-1997 6.58% 5.77% 3.91% 3.91% 1.31 1.31 11.70% 10.89%
4 ASGR Astra Graphia Tbk 15-Nop-1989 6.58% 5.77% 3.91% 3.91% 1.87 1.87 13.89% 13.08%
5 BIPI Benakat Integra Tbk 11-Feb-10 6.58% 5.77% 3.91% 3.91% 0.34 0.34 7.91% 7.10%
6 BMSR Bintang Mitra Semestaraya Tbk
7 BMTR Global Mediacom Tbk 17-Jul-95 6.58% 5.77% 3.91% 3.91% 1.12 1.12 10.96% 10.15%
8 BSDE Bumi Serpong Damai Tbk 6-Jun-08 6.58% 5.77% 3.91% 3.91% 1.69 1.69 13.19% 12.38%
9 BWPT BW Plantation Tbk 27-Okt-2009 6.58% 5.77% 3.91% 3.91% 0.63 0.63 9.04% 8.23%
10 DILD Intiland Development Tbk 4-Sep-91 6.58% 5.77% 3.91% 3.91% 1.72 1.72 13.31% 12.50%
11 ELTY Bakrieland Development Tbk 30-Okt-1995 6.58% 5.77% 3.91% 3.91% 1.58 1.58 12.76% 11.95%
12 EMDE Megapolitan Developments Tbk
12-Jan-11 6.58% 5.77% 3.91% 3.91% 0.98 0.98 10.41% 9.60%
13 FREN Smartfren Telecom Tbk 29-Nop-2006 6.58% 5.77% 3.91% 3.91% 0.72 0.72 9.40% 8.59%
14 GREN Evergreen Invesco Tbk 9-Jul-10 6.58% 5.77% 3.91% 3.91% 0.15 0.15 7.17% 6.36%
15 HMSP HM Sampoerna Tbk 15-Agust-1990
6.58% 5.77% 3.91% 3.91% 0.67 0.67 9.20% 8.39%
16 ICBP Indofood CBP Sukses Makmur Tbk
07-Okt-2010 6.58% 5.77% 3.91% 3.91% 0.98 0.98 10.41% 9.60%
17 INDF Indofood Sukses Makmur Tbk 14-Jul-94 6.58% 5.77% 3.91% 3.91% 1.03 1.03 10.61% 9.80%
18 JIHD Jakarta International Hotels & Development Tbk
29-Feb-84 6.58% 5.77% 3.91% 3.91% 1.51 1.51 12.48% 11.67%
19 JKON Jaya Konstruksi Manggala Pratama Tbk
04-Des-2007 6.58% 5.77% 3.91% 3.91% 0.39 0.39 8.10% 7.29%
20 JPFA JAPFA Comfeed Indonesia Tbk
23-Okt-1989 6.58% 5.77% 3.91% 3.91% 1.87 1.87 13.89% 13.08%
21 JSMR Jasa Marga Tbk 12-Nop-2007 6.58% 5.77% 3.91% 3.91% 0.79 0.79 9.67% 8.86%
22 JSPT Jakarta Setiabudi Internasional Tbk
12-Jan-98 6.58% 5.77% 3.91% 3.91% 0.1 0.1 6.97% 6.16%
23 MAPI Mitra Adiperkasa Tbk 10-Nop-2004 6.58% 5.77% 3.91% 3.91% 2 2 14.40% 13.59%
24 MDRN Modern Internasional Tbk 16-Jul-91 6.58% 5.77% 3.91% 3.91% 1.98 1.98 14.32% 13.51%
25 MNCN Media Nusantara Citra Tbk 22-Jun-07 6.58% 5.77% 3.91% 3.91% 1.71 1.71 13.27% 12.46%
26 PANR Panorama Sentrawisata Tbk 1-Jan-50 6.58% 5.77% 3.91% 3.91% 0.61 0.61 8.97% 8.16%
27 PLIN Plaza Indonesia Realty Tbk 15-Jun-92 6.58% 5.77% 3.91% 3.91% 2.06 2.06 14.63% 13.82%
28 SMAR SMART Tbk 20-Nop-1992 6.58% 5.77% 3.91% 3.91% 0.75 0.75 9.51% 8.70%
29 SMCB Holcim Indonesia Tbk 10-Agust-1997
6.58% 5.77% 3.91% 3.91% 1.23 1.23 11.39% 10.58%
30 TBIG PT Tower Bersama Infrastructure Tbk
26-Okt-2010 6.58% 5.77% 3.91% 3.91% 0.33 0.33 7.87% 7.06%
31 TRIO Trikomsel Oke Tbk 14-Apr-09 6.58% 5.77% 3.91% 3.91% 1.01 1.01 10.53% 9.72%
32 UNSP Bakrie Sumatera Plantations Tbk
6-Mar-90 6.58% 5.77% 3.91% 3.91% 1.38 1.38 11.98% 11.17%
33 WIKA Wijaya Karya Tbk 29-Okt-2007 6.58% 5.77% 3.91% 3.91% 1.68 1.68 13.15% 12.34%
34 EMTK Elang Mahkota Teknologi Tbk 12-Jan-10 6.58% 5.77% 3.91% 3.91% 1.29 1.29 11.62% 10.81%
35 PBRX Pan Brothers Tbk 16-Agust-1990
6.58% 5.77% 3.91% 3.91% 0.45 0.45 8.34% 7.53%
36 AUTO Astra Otoparts Tbk 15-Jun-98 6.58% 5.77% 3.91% 3.91% 1.47 1.47 12.33% 11.52%
37 HERO Hero Supermarket Tbk 02-Des-1989 6.58% 5.77% 3.91% 3.91% 0.74 0.74 9.47% 8.66%
38 ASII Astra International Tbk 4-Apr-90 6.58% 5.77% 3.91% 3.91% 1.21 1.21 11.31% 10.50%
39 COWL COWELL DEVELOPMENT Tbk
19-Des-2007 6.58% 5.77% 3.91% 3.91% 0.86 0.86 9.94% 9.13%
40 BNBR Bakrie & Brothers Tbk 28-Agust-1989
6.58% 5.77% 3.91% 3.91% 0.27 0.27 7.64% 6.83%
41 WEHA Panorama Transportasi Tbk 31-Mei-2007 6.58% 5.77% 3.91% 3.91% 0.86 0.86 9.94% 9.13%
42 CENT Centrin Online Tbk 01-Nop-2001 6.58% 5.77% 3.91% 3.91% -0.19 -0.19 5.84% 5.03%
43 CPIN Charoen Pokphand Indonesia Tbk
18-Mar-91 6.58% 5.77% 3.91% 3.91% 1.85 1.85 13.81% 13.00%
44 AALI Astra Agro Lestari Tbk 09-Des-1997 6.58% 5.77% 3.91% 3.91% 0.27 0.27 7.64% 6.83%
45 BHIT PT MNC Investama Tbk. 24-Nop-1997 6.58% 5.77% 3.91% 3.91% 1.03 1.03 10.61% 9.80%
46 SULI PT SLJ Global Tbk 21-Mar-94 6.58% 5.77% 3.91% 3.91% 1.54 1.54 12.60% 11.79%
47 GZCO Gozco Plantations Tbk 15-Mei-2008 6.58% 5.77% 3.91% 3.91% 1.14 1.14 11.04% 10.23%
48 ETWA Eterindo Wahanatama Tbk 16-Mei-1997 6.58% 5.77% 3.91% 3.91% 0.62 0.62 9.00% 8.19%
menggunakan rumus CAPM (capital asset pricing model), dengan rumus sebagai
berikut.
E (Ri) = Rf + β (MRP)
Keterangan:
E (Ri) : Tingkat pengembalian yang diinginkan
Rf
: Tingkat suku bunga investasi yang dapat diperoleh tanpa resiko
(tingkat suku bunga SBI). Diambil dari
website www.bi.go.id,
berdasarkan tingkat suku bunga rata-rata tahun penelitian.
β
: Faktor resiko yang berlaku spesifik untuk masing–masing bank.
Data beta masing-masing perusahaan diambil dari
www.reuters.com
MRP : (
Market Resk Premium
). Sumber data diambil dari survey
Damodaran tentang MRP negara-negara di dunia pada tahun 2012
dari
Tabel 3
Tingkat Suku Bunga Berdasarkan BI
Bulan
Suku Bunga
2011
2012
Januari
6.50%
6.00%
Februari
6.75%
5.75%
Maret
6.75%
5.75%
April
6.75%
5.75%
Mei
6.75%
5.75%
Juni
6.75%
5.75%
Juli
6.75%
5.75%
Agustus
6.75%
5.75%
September
6.75%
5.75%
Oktober
6.50%
5.75%
Desember
6.00%
5.75%
Total
79.00%
69.25%
Rata2
6.58%
5.77%
Sumber:
www.bi.go.id
Lampiran 3
PERHITUNGAN COST OF DEBT
Tabel 4
Rekapitulasi Perhitungan
Cost of Debt
No. Nama Jumlah Utang (D) Beban Bunga (i) Tingkat Bunga
(D/i)
Tax Rate
2011 2012 2011 2012 2011 2012 2011 2012
1 Mahaka Media Tbk 294,206,068,052 305,768,880,547 13,373,306,280 13,490,984,819 4.55% 4.41% 25.00% 25.00%
2 AKR Corporindo Tbk 4,746,103,316,000 7,577,784,981,000 4,166,026,000 10,811,641,000 0.09% 0.14% 20.00% 20.00%
3 Aneka Tambang (Persero) Tbk
4,429,191,527,000 6,876,224,890,000 22,723,138,000 234,500,820,000 0.51% 3.41% 25.00% 25.00%
4 Astra Graphia Tbk 569,502,000,000 606,917,000,000 542,000,000 3,323,000,000 0.10% 0.55% 25.00% 25.00%
5 Benakat Integra Tbk 641,695,000,000 755,441,000,000 88,195,000,000 55,709,000,000 13.74 %
7.37% 25.00% 25.00%
6 Bintang Mitra Semestaraya Tbk
294,712,783,200 308,191,103,983 8,527,877,196 11,277,602,757 2.89% 3.66% 25.00% 25.00%
7 Global Mediacom Tbk 4,295,815,000,000 5,699,770,000,000 372,916,000,00 0
326,137,000,000 8.68% 5.72% 25.00% 25.00%
8 Bumi Serpong Damai Tbk
4,530,152,109,517 6,225,013,628,292 152,713,472,88 8
89,473,238,552 3.37% 1.44% 25.00% 25.00%
9 BW Plantation Tbk 2,163,128,698,000 3,246,802,118,000 68,498,485,000 70,355,188,000 3.17% 2.17% 25.00% 25.00%
10 Intiland Development Tbk
1,892,907,650,386 2,140,815,833,510 48,300,574,331 81,792,350,715 2.55% 3.82% 25.00% 25.00%
11 Bakrieland Development Tbk
6,805,878,160,103 6,071,418,710,164 47,394,828,534 473,801,491,002 0.70% 7.80% 25.00% 25.00%
12 Megapolitan Developments Tbk
374,772,103,253 362,440,053,575 14,534,389,741 11,166,374,075 3.88% 3.08% 25.00% 25.00%
13 Smartfren Telecom Tbk 9,027,606,756,073 9,355,398,812,684 347,425,729,71 6
367,979,998,582 3.85% 3.93% 25.00% 25.00%
14 Evergreen Invesco Tbk 566,946,300,470 581,076,926,718 8,341,189,595 10,648,589,185 1.47% 1.83% 25.00% 25.00%
15 HM Sampoerna Tbk 9,027,088,000,000 12,939,107,000,00 0
9,545,000,000 20,471,000,000 0.11% 0.16% 25.00% 25.00%
16 Indofood CBP Sukses Makmur Tbk
4,513,084,000,000 5,766,682,000,000 46,544,000,000 53,675,000,000 1.03% 0.93% 25.00% 25.00%
17 Indofood Sukses Makmur Tbk
21,975,708,000,000 25,181,533,000,00 0
882,016,000,00 0
933,888,000,000 4.01% 3.71% 20.00% 20.00%
18 Jakarta International Hotels & Development Tbk
1,050,554,569,000 1,076,060,487,000 47,189,716,000 38,887,636 4.49% 0.00% 20.00% 20.00%
19 Jaya Konstruksi Manggala Pratama Tbk
1,347,596,317,577 1,542,127,841,271 26,376,879,386 35,250,718,206 1.96% 2.29% 25.00% 25.00%
Indonesia Tbk 0
21 Jasa Marga Tbk 12,555,380,912,000 14,965,765,873,00 0
32,556,507,000 90,906,859,000 0.26% 0.61% 25.00% 25.00%
22 Jakarta Setiabudi Internasional Tbk
1,255,753,036,014 1,500,018,745,925 33,370,909,000 30,127,931,000 2.66% 2.01% 25.00% 25.00%
23 Mitra Adiperkasa Tbk 2,621,209,018,000 3,817,911,733,000 123,418,316,00 0
165,069,599,000 4.71% 4.32% 20.00% 20.00%
24 Modern Internasional Tbk
633,475,393,678 747,255,823,658 33,033,393,510 57,383,961,631 5.21% 7.68% 20.00% 20.00%
25 Media Nusantara Citra Tbk
1,963,727,000,000 1,663,780,000,000 134,904,000,00 0
38,294,000,000 6.87% 2.30% 25.00% 25.00%
26 Panorama Sentrawisata Tbk
503,585,205,000 731,463,523,000 26,180,639,000 38,698,224,000 5.20% 5.29% 25.00% 25.00%
27 Plaza Indonesia Realty Tbk
1,935,307,318,000 1,717,982,629,000 57,830,490,000 47,306,247,000 2.99% 2.75% 25.00% 25.00%
28 SMART Tbk 7,386,347,000,000 7,308,000,000,000 276,506,000,00 0
250,070,000,000 3.74% 3.42% 25.00% 25.00%
29 Holcim Indonesia Tbk 3,423,241,000,000 3,750,461,000,000 121,241,000,00 0
119,586,000,000 3.54% 3.19% 30.63% 27.87%
30 PT Tower Bersama Infrastructure Tbk
4,174,997,000,000 10,072,090,000,00 0
246,597,000,00 0
467,482,000,000 5.91% 4.64% 25.00% 25.00%
31 Trikomsel Oke Tbk 3,410,301,506,712 3,506,469,551,540 173,853,493,58 1
225,087,039,559 5.10% 6.42% 25.00% 25.00%
32 Bakrie Sumatera Plantations Tbk
9,644,732,756,000 11,068,929,244,00 0
464,017,632,00 0
553,701,443,000 4.81% 5.00% 20.00% 20.00%
33 Wijaya Karya Tbk 6,103,603,696,000 8,131,203,824,000 15,696,279,000 36,228,187,000 0.26% 0.45% 25.00% 25.00%
34 Elang Mahkota Teknologi Tbk
2,361,844,476,000 2,311,678,445,000 139,048,746,00 0
78,434,894,000 5.89% 3.39% 25.00% 25.00%
35 Pan Brothers Tbk 830,702,000,088 1,178,597,390,919 29,212,953,895 34,894,964,875 3.52% 2.96% 25.00% 25.00%
36 Astra Otoparts Tbk 2,241,333,000,000 3,396,543,000,000 55,549,000,000 99,586,000,000 2.48% 2.93% 25.00% 25.00%
37 Hero Supermarket Tbk 2,297,397,000,000 3,619,007,000,000 26,197,000,000 42,054,000,000 1.14% 1.16% 25.00% 25.00%
38 Astra International Tbk 78,481,000,000,000 92,460,000,000,00 0
710,000,000,00 0
1,021,000,000,0 00
0.90% 1.10% 20.00% 20.00%
39 COWELL
DEVELOPMENT Tbk
221,859,863,217 644,554,039,238 2,475,684,262 7,562,146,144 1.12% 1.17% 25.00% 25.00%
40 Bakrie & Brothers Tbk 19,613,262,083,000 13,046,034,152,00 0
978,489,079,00 0
1,029,361,680,0 00
4.99% 7.89% 20.00% 20.00%
41 Panorama Transportasi Tbk
183,819,033,243 301,192,327,415 15,705,913,369 24,902,705,614 8.54% 8.27% 25.00% 25.00%
42 Centrin Online Tbk 15,100,322,284 24,654,856,055 893,644,840 236,963,329 5.92% 0.96% 25.00% 25.00%
43 Charoen Pokphand Indonesia Tbk
2,658,734,000,000 4,172,163,000,000 34,510,000,000 51,559,000,000 1.30% 1.24% 20.00% 20.00%
44 Astra Agro Lestari Tbk 1,778,337,000,000 3,054,409,000,000 25,778,000,000 31,750,000,000 1.45% 1.04% 25.00% 25.00%
45 PT Bhakti Investama Tbk.
6,665,467,000,000 8,827,432,000,000 488,077,000,00 0
400,105,000,000 7.32% 4.53% 25.00% 25.00%
46 PT SLJ Global Tbk 1,654,048,778,442 1,475,195,895,066 74,366,736,121 48,156,958,167 4.50% 3.26% 25.00% 25.00%
47 Gozco Plantations Tbk 1,327,475,994,963 1,587,372,557,439 67,032,815,309 79,442,606,567 5.05% 5.00% 25.00% 25.00%
48 Eterindo Wahanatama Tbk
398,012,966,050 523,207,574,539 6,158,721,572 9,708,630,934 1.55% 1.86% 20.00% 20.00%
Perhitungan cost of debt didasarkan
Cost of Debt
setelah pajak dihitung
atas pinjaman baru (1- Tingkat pajak). Adapun hasil perhitungannya dapat dilihat
pada tabel di atas.
Lampiran 4
PERHITUNGAN ROIC
Tabel 5
No.
Kode
Nama
NOPAT tanpa pengaruh Goodwill
Impairment Loss (NOPAT + Goodwill
Impairment Loss)
Average Invested Capital
2011
2012
2011
1
ABBA
Mahaka Media Tbk
2,409,122,541
10,438,184,574
52,013,864,661
42,691,656,
2
AKRA
AKR Corporindo Tbk
580,398,681,600
664,284,616,800
2,648,065,372,000
3,091,731,314,500
3
ANTM
Aneka Tambang
(Persero) Tbk
1,509,658,818,750
671,898,042,000
4,887,813,233,000
5,501,478,476,000
4
ASGR
Astra Graphia Tbk
126,678,750,000
170,293,500,000
256,281,500,000
357,829,500
5
BIPI
Benakat Integra Tbk
5,550,000,000
8,988,750,000
263,084,000,000
247,205,500
6
BMSR
Bintang Mitra
Semestaraya Tbk
39,855,666,526
4,956,633,825
-21,519,367,465
54,518,631,
7
BMTR
Global Mediacom Tbk
1,417,979,250,000
1,841,535,750,000
5,557,430,000,000
8,902,673,000,000
8
BSDE
Bumi Serpong Damai
Tbk
720,416,534,774
1,073,666,191,907
169,648,621,105
-649,055,267
9
BWPT
BW Plantation Tbk
362,220,059,250
312,968,502,000
177,460,368,000
397,511,629
10
DILD
Intiland Development
Tbk
140,725,908,878
227,747,878,675
1,195,194,416,027
820,577,490
11
ELTY
Bakrieland
Development Tbk
214,822,611,436
588,813,557,581
4,150,276,789,742
2,996,454,989,677
12
EMDE
Megapolitan
Developments Tbk
7,885,654,168
4,869,762,764
-134,608,951
61,717,821,
13
FREN
Smartfren Telecom
Tbk
-1,666,221,029,387
-1,201,948,052,673
4,014,209,887,094
6,931,041,128,331
14
GREN
Evergreen Invesco Tbk
10,215,825,695
12,762,951,704
430,926,355,272
463,509,234
15
HMSP
HM Sampoerna Tbk
8,103,962,250,000
10,012,837,500,000
7,565,494,500,000 10,412,751,500,000
16
ICBP
Indofood CBP Sukses
Makmur Tbk
1,956,561,000,000
2,131,545,000,000
3,487,349,500,000
4,212,777,000,000
17
INDF
Indofood Sukses
Makmur Tbk
5,481,984,800,000
5,496,475,200,000 11,529,530,000,000 13,548,768,000,000
18
JIHD
Jakarta International
Hotels & Development
Tbk
19
JKON
Jaya Konstruksi
Manggala Pratama
Tbk
164,808,873,589
208,289,447,446
53,439,832,464
246,233,975
20
JPFA
JAPFA Comfeed
Indonesia Tbk
877,768,000,000
1,334,603,200,000
4,074,675,500,000
5,018,192,000,000
21
JSMR
Jasa Marga Tbk
1,747,848,651,000
2,231,426,937,750
-2,893,931,386,500
-4,718,296,663,000
22
JSPT
Jakarta Setiabudi
Internasional Tbk
200,420,070,597
223,581,470,001
644,065,075,203
488,184,552
23
MAPI
Mitra Adiperkasa Tbk
497,812,020,000
609,032,342,400
1,387,305,441,500
1,676,843,286,500
24
MDRN
Modern Internasional
Tbk
83,214,328,438
97,279,308,230
414,392,007,971
535,399,466
25
MNCN Media Nusantara Citra
Tbk
1,186,177,500,000
1,661,110,500,000
3,739,559,000,000
5,449,972,500,000
26
PANR
Panorama
Sentrawisata Tbk
37,655,639,250
55,288,777,500
229,534,324,000
311,002,036
27
PLIN
Plaza Indonesia Realty
Tbk
141,621,645,000
335,490,560,250
1,391,015,625,000
1,083,769,912,500
28
SMAR
SMART Tbk
1,697,565,750,000
2,446,241,250,000
6,756,054,500,000
8,096,446,500,000
29
SMCB
Holcim Indonesia Tbk
1,171,691,210,200
1,470,339,034,100
7,360,109,440,585
8,774,031,500,000
30
TBIG
PT Tower Bersama
Infrastructure Tbk
530,614,500,000
960,291,750,000
222,333,500,000
-50,127,500,
31
TRIO
Trikomsel Oke Tbk
524,783,401,859
620,315,086,508
883,104,338,202
1,288,442,430,862
32
UNSP
Bakrie Sumatera
Plantations Tbk
718,329,171,200
288,631,551,200
4,974,094,476,000
7,550,176,452,048
33
WIKA
Wijaya Karya Tbk
490,305,875,250
634,062,465,750
3,571,991,572,000
3,491,210,832,000
34
EMTK
Elang Mahkota
Teknologi Tbk
897,794,430,750
1,022,353,839,000
943,365,767,000
1,410,915,995,500
35
PBRX
Pan Brothers Tbk
73,779,685,450
105,839,910,206
407,066,055,978
587,087,482
36
AUTO
Astra Otoparts Tbk
389,661,000,000
356,650,500,000
1,604,046,500,000
1,842,678,000,000
37
HERO
Hero Supermarket Tbk
287,861,250,000
330,924,000,000
973,093,000,000
1,160,327,500,000
38
ASII
Astra International
Tbk
14,265,600,000,000
15,896,000,000,000
7,390,500,000,000 15,350,000,000,000
39
COWL
COWELL
DEVELOPMENT Tbk
23,358,703,292
60,719,768,211
-56,419,873,314
41,054,510,
40
BNBR
Bakrie & Brothers Tbk
5,525,145,843
4,688,152,852
9,968,497,143,000
3,552,425,800,000
41
WEHA
Panorama
Transportasi Tbk
17,934,559,586
25,352,517,200
112,731,333,924
170,084,805
42
CENT
Centrin Online Tbk
1,464,211,513
-4,638,145,265
29,869,986,131
40,387,944,
43
CPIN
Charoen Pokphand
Indonesia Tbk
2,407,370,400,000
2,772,894,400,000
4,841,261,000,000
7,420,935,500,000
44
AALI
Astra Agro Lestari Tbk
2,396,745,750,000
2,590,296,750,000
2,693,158,500,000
3,423,109,500,000
45
BHIT
PT Bhakti Investama
Tbk.
1,455,258,750,000
2,054,073,750,000
6,089,946,500,000 10,362,928,500,000
46
SULI
PT SLJ Global Tbk
-126,395,899,282
-155,704,231,904
41,702,818,071
-213,000,454
47
GZCO
Gozco Plantations Tbk
78,233,666,702
64,495,395,666
237,443,552,561
305,092,191
48
