82
L am pir an 1 : P ro ye ks i L ap or an L ab a R ug i N or m al
c. Size grow th 2006 2007 2008 2009
Penjualan 5.06% 201,918,232,350 212,127,208,750 222,852,350,519 234,119,754,956
H arga pokok penjualan 63.36% 127,927,795,462 134,286,153,185 141,075,654,820 148,208,433,340
LA B A K O T O R 73,990,436,889 77,841,055,565 81,776,695,700 85,911,321,616
B IA Y A O PE R A SIO N A L
G aji K aryaw an 4.76% 597,142,857 625,578,231 655,367,671 686,575,655
L istrik 6.93% 320,779,221 342,997,695 366,755,111 392,158,062
T elepon 4.45% 50,138,261 52,371,775 54,704,786 57,141,726
P A M 5.66% 38,037,209 40,189,703 42,464,004 44,867,005
P em akaian Perlengkapan kantor 28.03% 618,973,626 792,486,906 1,014,640,157 1,299,068,337
B iaya Perjalanan D inas 34.73% 789,463,928 1,063,660,206 1,433,090,219 1,930,830,509
P engeluaran Prom osi -7.03% 182,465,347 169,636,657 157,709,921 146,621,724
B iaya K irim R okok 6.87% 116,173,517 124,159,380 132,694,198 141,815,707
B unga P injam an B ank 1,126,467,325 1,247,326,094 1,381,768,706 1,531,321,908
B iaya perbaikan & pem eliharaan
M esin 27.92% 362,589,591 463,823,827 593,322,445 758,976,799
K endaraan 15.83% 208,500,000 241,512,500 279,751,979 324,046,043
P abrik 13.57% 109,028,571 123,825,306 140,630,169 159,715,692
B iaya Penyusutan aktiva tetap 4,108,000,000 4,108,000,000 4,108,000,000 4,108,000,000
Sum bangan, jam uan tam u,dll 42.46% 453,990,316 646,753,891 921,364,579 1,312,574,534 T O T A L B IA Y A O PE R A SIO N A L 9,081,749,769 10,042,322,173 11,282,263,945 12,893,713,701
LA B A SE B E LU M P A JA K 64,908,687,119 67,798,733,392 70,494,431,754 73,017,607,915
PT K P ( K / 2 ) 15,600,000 15,600,000 15,600,000 15,600,000
PK P 64,893,087,119 67,783,133,392 70,478,831,754 73,002,007,915
PP h T erutang
5% 25,000,000 1,250,000 1,250,000 1,250,000 1,250,000 10% * 25,000,000 2,500,000 2,500,000 2,500,000 2,500,000 15% * 50,000,000 7,500,000 7,500,000 7,500,000 7,500,000 25% * 100,000,000 25,000,000 25,000,000 25,000,000 25,000,000
35% * 22,642,580,492 23,711,409,187 24,654,903,614 25,538,015,270
T O T A L PP h T erutang 22,678,830,492 23,747,659,187 24,691,153,614 25,574,265,270
LA B A B E R S IH U S A H A 42,214,256,628 44,035,474,205 45,787,678,140 47,427,742,645
T abel 4.9
P erusahaan R okok "S um ber M akm ur"
PR O Y E K SI L A PO R A N L A B A R U G I N O R M A L Per 31 D esem ber
83
am pir an 1 : P ro ye ks i L ap or an L ab a R ug i N or m al ( L an ju ta n)
2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5
2 4 5 ,9 5 6 ,8 3 8 ,8 3 5
2 5 8 ,3 9 2 ,4 0 5 ,1 2 2 2 7 1 ,4 5 6 ,7 1 3 ,0 5 9 2 8 5 ,1 8 1 ,5 5 1 ,7 9 6 2 9 9 ,6 0 0 ,3 1 7 ,7 3 9 3 1 4 ,7 4 8 ,0 9 5 ,8 1 5 1 5 5 ,7 0 1 ,8 4 4 ,8 0 9
1 6 3 ,5 7 4 ,1 2 2 ,8 1 3 1 7 1 ,8 4 4 ,4 2 2 ,8 2 4 1 8 0 ,5 3 2 ,8 6 8 ,8 1 8 1 8 9 ,6 6 0 ,6 0 2 ,2 3 6 1 9 9 ,2 4 9 ,8 3 3 ,4 2 9 9 0 ,2 5 4 ,9 9 4 ,0 2 5
9 4 ,8 1 8 ,2 8 2 ,3 0 9 9 9 ,6 1 2 ,2 9 0 ,2 3 5 1 0 4 ,6 4 8 ,6 8 2 ,9 7 8 1 0 9 ,9 3 9 ,7 1 5 ,5 0 3 1 1 5 ,4 9 8 ,2 6 2 ,3 8 5
7 1 9 ,2 6 9 ,7 3 4
7 5 3 ,5 2 0 ,6 7 4 7 8 9 ,4 0 2 ,6 1 1 8 2 6 ,9 9 3 ,2 1 1 8 6 6 ,3 7 3 ,8 4 0 9 0 7 ,6 2 9 ,7 3 7 4 1 9 ,3 2 0 ,5 2 6
4 4 8 ,3 6 4 ,3 7 2 4 7 9 ,4 1 9 ,9 1 2 5 1 2 ,6 2 6 ,4 8 7 5 4 8 ,1 3 3 ,0 8 3 5 8 6 ,0 9 9 ,0 1 1 5 9 ,6 8 7 ,2 2 5
6 2 ,3 4 6 ,1 1 8 6 5 ,1 2 3 ,4 5 7 6 8 ,0 2 4 ,5 1 8 7 1 ,0 5 4 ,8 1 3 7 4 ,2 2 0 ,1 0 0 4 7 ,4 0 5 ,9 9 1
5 0 ,0 8 8 ,6 5 5 5 2 ,9 2 3 ,1 3 0 5 5 ,9 1 8 ,0 0 5 5 9 ,0 8 2 ,3 5 7 6 2 ,4 2 5 ,7 7 7 1 ,6 6 3 ,2 2 8 ,6 1 7
2 ,1 2 9 ,4 7 1 ,8 3 2 2 ,7 2 6 ,4 1 4 ,2 9 9 3 ,4 9 0 ,6 9 4 ,1 8 0 4 ,4 6 9 ,2 2 0 ,1 9 9 5 ,7 2 2 ,0 5 0 ,7 3 2 2 ,6 0 1 ,4 4 5 ,7 4 6
3 ,5 0 4 ,9 7 8 ,7 8 4 4 ,7 2 2 ,3 2 6 ,5 3 5 6 ,3 6 2 ,4 8 2 ,9 9 3 8 ,5 7 2 ,2 9 7 ,8 9 9 1 1 ,5 4 9 ,6 2 4 ,7 8 6 1 3 6 ,3 1 3 ,1 1 2
1 2 6 ,7 2 9 ,2 7 2 1 1 7 ,8 1 9 ,2 4 9 1 0 9 ,5 3 5 ,6 6 7 1 0 1 ,8 3 4 ,4 8 4 9 4 ,6 7 4 ,7 5 2 1 5 1 ,5 6 4 ,2 3 5
1 6 1 ,9 8 2 ,8 8 6 1 7 3 ,1 1 7 ,7 2 3 1 8 5 ,0 1 7 ,9 7 8 1 9 7 ,7 3 6 ,2 6 6 2 1 1 ,3 2 8 ,8 2 0 1 ,6 9 7 ,6 8 4 ,0 4 3
1 ,8 8 2 ,7 4 4 ,3 4 3 2 ,0 8 8 ,6 0 4 ,3 7 5 2 ,3 1 7 ,6 0 1 ,9 1 0 2 ,5 7 2 ,3 3 7 ,4 7 4 2 ,8 5 5 ,7 0 3 ,8 7 6 9 7 0 ,8 8 1 ,4 9 2
1 ,2 4 1 ,9 4 9 ,5 2 2 1 ,5 8 8 ,6 9 9 ,1 6 4 2 ,0 3 2 ,2 6 0 ,5 6 3 2 ,5 9 9 ,6 6 3 ,3 5 2 3 ,3 2 5 ,4 8 3 ,7 8 3 3 7 5 ,3 5 3 ,3 3 3
4 3 4 ,7 8 4 ,2 7 7 5 0 3 ,6 2 5 ,1 2 1 5 8 3 ,3 6 5 ,7 6 5 6 7 5 ,7 3 2 ,0 1 1 7 8 2 ,7 2 2 ,9 1 3 1 8 1 ,3 9 1 ,3 9 3
2 0 6 ,0 0 8 ,7 9 6 2 3 3 ,9 6 7 ,1 3 3 2 6 5 ,7 1 9 ,8 1 5 3 0 1 ,7 8 1 ,7 9 0 3 4 2 ,7 3 7 ,8 9 1 1 ,9 6 7 ,5 0 0 ,0 0 0
1 ,9 6 7 ,5 0 0 ,0 0 0 1 ,9 6 7 ,5 0 0 ,0 0 0 1 ,9 6 7 ,5 0 0 ,0 0 0 2 1 7 ,5 0 0 ,0 0 0 2 1 7 ,5 0 0 ,0 0 0 1 ,8 6 9 ,8 9 1 ,6 2 2
2 ,6 6 3 ,8 4 4 ,6 7 0 3 ,7 9 4 ,9 0 8 ,9 3 8 5 ,4 0 6 ,2 2 1 ,3 1 9 7 ,7 0 1 ,6 9 4 ,4 0 9 1 0 ,9 7 1 ,8 2 1 ,7 7 2 1 2 ,8 6 0 ,9 3 7 ,0 6 8
1 5 ,6 3 4 ,3 1 4 ,2 0 1 1 9 ,3 0 3 ,8 5 1 ,6 4 6 2 4 ,1 8 3 ,9 6 2 ,4 1 0 2 8 ,9 5 4 ,4 4 1 ,9 7 8 3 7 ,7 0 4 ,0 2 3 ,9 4 9 7 7 ,3 9 4 ,0 5 6 ,9 5 7
7 9 ,1 8 3 ,9 6 8 ,1 0 8 8 0 ,3 0 8 ,4 3 8 ,5 8 9 8 0 ,4 6 4 ,7 2 0 ,5 6 8 8 0 ,9 8 5 ,2 7 3 ,5 2 5 7 7 ,7 9 4 ,2 3 8 ,4 3 7 1 5 ,6 0 0 ,0 0 0
1 5 ,6 0 0 ,0 0 0 1 5 ,6 0 0 ,0 0 0 1 5 ,6 0 0 ,0 0 0 1 5 ,6 0 0 ,0 0 0 1 5 ,6 0 0 ,0 0 0 7 7 ,3 7 8 ,4 5 6 ,9 5 7
7 9 ,1 6 8 ,3 6 8 ,1 0 8 8 0 ,2 9 2 ,8 3 8 ,5 8 9 8 0 ,4 4 9 ,1 2 0 ,5 6 8 8 0 ,9 6 9 ,6 7 3 ,5 2 5 7 7 ,7 7 8 ,6 3 8 ,4 3 7 1 ,2 5 0 ,0 0 0
1 ,2 5 0 ,0 0 0 1 ,2 5 0 ,0 0 0 1 ,2 5 0 ,0 0 0 1 ,2 5 0 ,0 0 0 1 ,2 5 0 ,0 0 0 2 ,5 0 0 ,0 0 0
2 ,5 0 0 ,0 0 0 2 ,5 0 0 ,0 0 0 2 ,5 0 0 ,0 0 0 2 ,5 0 0 ,0 0 0 2 ,5 0 0 ,0 0 0 7 ,5 0 0 ,0 0 0
7 ,5 0 0 ,0 0 0 7 ,5 0 0 ,0 0 0 7 ,5 0 0 ,0 0 0 7 ,5 0 0 ,0 0 0 7 ,5 0 0 ,0 0 0 2 5 ,0 0 0 ,0 0 0
2 5 ,0 0 0 ,0 0 0 2 5 ,0 0 0 ,0 0 0 2 5 ,0 0 0 ,0 0 0 2 5 ,0 0 0 ,0 0 0 2 5 ,0 0 0 ,0 0 0 2 7 ,0 6 9 ,7 7 2 ,4 3 5
2 7 ,6 9 6 ,2 4 1 ,3 3 8 2 8 ,0 8 9 ,8 0 6 ,0 0 6 2 8 ,1 4 4 ,5 0 4 ,6 9 9 2 8 ,3 2 6 ,6 9 8 ,2 3 4 2 7 ,2 0 9 ,8 3 5 ,9 5 3 2 7 ,1 0 6 ,0 2 2 ,4 3 5
2 7 ,7 3 2 ,4 9 1 ,3 3 8 2 8 ,1 2 6 ,0 5 6 ,0 0 6 2 8 ,1 8 0 ,7 5 4 ,6 9 9 2 8 ,3 6 2 ,9 4 8 ,2 3 4 2 7 ,2 4 6 ,0 8 5 ,9 5 3 5 0 ,2 7 2 ,4 3 4 ,5 2 2
5 1 ,4 3 5 ,8 7 6 ,7 7 0 5 2 ,1 6 6 ,7 8 2 ,5 8 3 5 2 ,2 6 8 ,3 6 5 ,8 6 9 5 2 ,6 0 6 ,7 2 5 ,2 9 1 5 0 ,5 3 2 ,5 5 2 ,4 8 4 P R O Y E K S I L A P O R A N L A B A R U G I N O R M A L
P e r 3 1 D e s e m b e r T a b el 4 .9 (la n ju ta n )
P e ru s a h a a n R o k o k "S u m b e r M a k m u r"
84
L am pir an 2 : P ro ye ks i N er ac a N or m al
g ro w th R a sio 2 0 0 6 2 0 0 7 2 0 0 8
A k tiv a lan c a r
ka s d a n se ta ra k a s 2 0 3 ,7 0 4 ,6 5 2 ,2 7 3 2 5 5 ,7 1 0 ,6 5 7 ,7 1 7 3 0 9 ,6 1 3 ,6 4 3 ,9 9 7 P iu ta n g D a g a n g 1 1 .3 7 % 9 ,1 1 4 ,3 3 0 ,6 6 3 1 0 ,1 5 0 ,3 6 8 ,6 9 7 1 1 ,3 0 4 ,1 7 4 ,5 4 7 P e rse d ia a n P ro d u k ja d i 1 3 .6 8 % 3 ,5 7 5 ,9 3 6 ,1 5 1 4 ,0 6 5 ,1 5 7 ,6 8 4 4 ,6 2 1 ,3 0 9 ,3 0 1 P e rse d ia a n P ita C u k a i 1 8 .1 4 % 2 ,3 0 9 ,9 9 1 ,4 6 4 2 ,7 2 9 ,0 6 0 ,8 1 5 3 ,2 2 4 ,1 5 6 ,0 4 1 P e rse d ia a n b a h an 1 2 .6 4 % 3 ,3 5 0 ,1 3 0 ,2 8 4 3 ,7 7 3 ,5 3 0 ,7 3 5 4 ,2 5 0 ,4 4 1 ,9 2 3 Ju m la h A k tiv a L an c a r 2 2 2 ,0 5 5 ,0 4 0 ,8 3 6 2 7 6 ,4 2 8 ,7 7 5 ,6 4 8 3 3 3 ,0 1 3 ,7 2 5 ,8 0 9 A k tiv a T e ta p
T a n ah 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0
B a n g u n a n 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 M e sin & P e ra la tan 1 4 ,0 0 0 ,0 0 0 ,0 0 0 1 4 ,0 0 0 ,0 0 0 ,0 0 0 1 4 ,0 0 0 ,0 0 0 ,0 0 0 K e n d a ra a n 8 ,5 6 2 ,0 0 0 ,0 0 0 8 ,5 6 2 ,0 0 0 ,0 0 0 8 ,5 6 2 ,0 0 0 ,0 0 0 A k u m u la si p e n yu su ta n
B a n g u n a n 4 7 2 ,5 0 0 ,0 0 0 6 9 0 ,0 0 0 ,0 0 0 9 0 7 ,5 0 0 ,0 0 0 M e sin & P e ra la ta n 3 ,7 5 0 ,0 0 0 ,0 0 0 5 ,5 0 0 ,0 0 0 ,0 0 0 7 ,2 5 0 ,0 0 0 ,0 0 0 K en d a ra a n 4 ,0 9 7 ,7 5 0 ,0 0 0 6 ,2 3 8 ,2 5 0 ,0 0 0 8 ,3 7 8 ,7 5 0 ,0 0 0 T o ta l A k u m u la si p e n yu su ta n 8 ,3 2 0 ,2 5 0 ,0 0 0 1 2 ,4 2 8 ,2 5 0 ,0 0 0 1 6 ,5 3 6 ,2 5 0 ,0 0 0 Ju m la h A k tiv a T e ta p 2 3 ,5 9 1 ,7 5 0 ,0 0 0 1 9 ,4 8 3 ,7 5 0 ,0 0 0 1 5 ,3 7 5 ,7 5 0 ,0 0 0
T o ta l A k tiv a 2 4 5 ,6 4 6 ,7 9 0 ,8 3 6 2 9 5 ,9 1 2 ,5 2 5 ,6 4 8 3 4 8 ,3 8 9 ,4 7 5 ,8 0 9
H u ta n g L a n c a r
H u ta n g C u k a i + P P N 1 8 .6 8 % 4 4 .4 6 % 8 9 ,7 6 8 ,1 6 5 ,3 5 3 9 4 ,3 0 6 ,8 3 9 ,6 0 1 9 9 ,0 7 4 ,9 8 9 ,0 0 8 H u ta n g D a g a n g 1 5 .2 6 % 6 ,4 2 6 ,9 9 2 ,1 4 1 7 ,4 0 7 ,6 4 4 ,5 6 4 8 ,5 3 7 ,9 2 8 ,2 8 5 H u ta n g Jan g k a P a n ja n g
H u ta n g B a n k 1 1 .2 4 % 6 ,3 2 5 ,3 5 3 ,0 8 5 7 ,0 3 6 ,2 8 7 ,0 2 1 7 ,8 2 7 ,1 2 5 ,9 1 3 T o ta l H u ta n g 1 0 2 ,5 2 0 ,5 1 0 ,5 7 8 1 0 8 ,7 5 0 ,7 7 1 ,1 8 6 1 1 5 ,4 4 0 ,0 4 3 ,2 0 6 M o d a l
M o d a l A w a l 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0
L a b a 1 3 9 ,6 2 6 ,2 8 0 ,2 5 7 1 8 3 ,6 6 1 ,7 5 4 ,4 6 2 2 2 9 ,4 4 9 ,4 3 2 ,6 0 2
T o ta l M o d a l 1 4 3 ,1 2 6 ,2 8 0 ,2 5 7 1 8 7 ,1 6 1 ,7 5 4 ,4 6 2 2 3 2 ,9 4 9 ,4 3 2 ,6 0 2 T o ta l H u tan g d an M o d a l 2 4 5 ,6 4 6 ,7 9 0 ,8 3 5 2 9 5 ,9 1 2 ,5 2 5 ,6 4 8 3 4 8 ,3 8 9 ,4 7 5 ,8 0 8
T a b e l 4 .1 0
P e r 3 1 D e s e m b e r
P R O Y E K S I N E R A C A N O R M A L P e r u sa h a a n R o k o k "S u m b e r M a k m u r "
85
am pir an 2 : P ro ye ks i N er ac a N or m al ( L an ju ta n)
2009 2010 2011 2012 2013 2014 2015
363,344,537,401
419,881,229,424 477,723,701,319 536,185,838,892 593,382,855,831 651,043,789,318 706,745,630,417 12,589,135,035
14,020,158,684 15,613,848,685 17,388,695,539 19,365,291,585 21,566,569,920 24,018,070,478 5,253,547,664
5,972,282,152 6,789,346,244 7,718,192,352 8,774,113,299 9,974,494,115 11,339,098,261 3,809,069,449
4,500,095,492 5,316,484,698 6,280,979,947 7,420,450,041 8,766,638,211 10,357,046,420 4,787,626,711
5,392,702,673 6,074,250,120 6,841,933,769 7,706,639,794 8,680,630,201 9,777,716,711 389,783,916,259
449,766,468,425 511,517,631,067 574,415,640,498 636,649,350,549 700,032,121,766 762,237,562,287 5,000,000,000
5,000,000,000 5,000,000,000 5,000,000,000 5,000,000,000 5,000,000,000 5,000,000,000 4,350,000,000
4,350,000,000 4,350,000,000 4,350,000,000 4,350,000,000 4,350,000,000 4,350,000,000 14,000,000,000
14,000,000,000 14,000,000,000 - - - - -
- - - - - - 1,125,000,000
1,342,500,000 1,560,000,000 1,777,500,000 1,995,000,000 2,212,500,000 2,430,000,000 9,000,000,000
10,750,000,000 12,500,000,000 10,125,000,000
12,092,500,000 14,060,000,000 1,777,500,000 1,995,000,000 2,212,500,000 2,430,000,000 13,225,000,000
11,257,500,000 9,290,000,000 7,572,500,000 7,355,000,000 7,137,500,000 6,920,000,000 403,008,916,259
461,023,968,425 520,807,631,067 581,988,140,498 644,004,350,549 707,169,621,766 769,157,562,287 104,084,215,826
109,346,708,918 114,875,273,416 120,683,361,876 126,785,107,017 133,195,356,108 139,929,707,093 9,840,674,559
11,342,198,310 13,072,829,687 15,067,526,713 17,366,581,428 20,016,433,767 23,070,609,632 8,706,850,627
9,685,451,426 10,774,041,425 11,984,982,786 13,332,027,113 14,830,471,608 16,497,332,795 122,631,741,012
130,374,358,655 138,722,144,527 147,735,871,375 157,483,715,557 168,042,261,483 179,497,649,520 3,500,000,000
3,500,000,000 3,500,000,000 3,500,000,000 3,500,000,000 3,500,000,000 3,500,000,000 276,877,175,247
327,149,609,769 378,585,486,539 430,752,269,122 483,020,634,991 535,627,360,283 586,159,912,766 280,377,175,247
330,649,609,769 382,085,486,539 434,252,269,122 486,520,634,991 539,127,360,283 589,659,912,766 403,008,916,259
461,023,968,424 520,807,631,067 581,988,140,497 644,004,350,549 707,169,621,765 769,157,562,286 Perusahaan Rokok "Sumber Makmur"
PROYEKSI NERACA NORMAL Per 31 Desember Tabel 4.10 (lanjutan)
86
L am pir an 3 : C ash F low F ro m O pe ra tio n N or m al
2006 2007 2008 2009 2010
Operating Activities
Net Income 42,214,256,628 44,035,474,205 45,787,678,140 47,427,742,645 50,272,434,522 Other Addition
+ Depreciation 4,108,000,000 4,108,000,000 4,108,000,000 (6,411,250,000) 1,967,500,000 + Increase in A/P 850,829,891 980,652,423 1,130,283,721 1,302,746,274 1,501,523,752 Substraction (uses of cash)
- Increase in inventory (1,160,957,780) (1,331,691,334) (1,528,158,030) (1,754,336,559) (2,014,836,494) - Increase in A/R (930,290,663) (1,036,038,034) (1,153,805,850) (1,284,960,488) (1,431,023,648) NCF from operation 45,081,838,076 46,756,397,259 48,343,997,981 39,279,941,871 50,295,598,131
Long term investing Activities
- investment in fixed asset - - - 8,562,000,000 -
Financing activities
+ Increase in L-T debt 639,102,435 710,933,936 790,838,892 879,724,714 978,600,800 + Increase in cukai+PPn 3,623,438,953 4,538,674,249 4,768,149,407 5,009,226,818 5,262,493,092 NCF Financing Activities 4,262,541,387 5,249,608,185 5,558,988,299 5,888,951,532 6,241,093,892
Net addition in cash account 49,344,379,463 52,006,005,444 53,902,986,280 53,730,893,403 56,536,692,023 + Cash at Beg. Of year 154,360,272,810 203,704,652,273 255,710,657,717 309,613,643,997 363,344,537,401 Cash at end year 203,704,652,273 255,710,657,717 309,613,643,997 363,344,537,401 419,881,229,424
Tabel 4.11
Cash Flow From Operation NORMAL Per 31 Desember
Perusahaan Rokok "Sumber Makmur"
87
am pir an 3 : C ash F low F ro m O pe ra tio n N or m al ( L an ju ta n)
2011 2012 2013 2014 2015
51,435,876,770
52,166,782,583 52,268,365,869 52,606,725,291 50,532,552,484 1,967,500,000
(12,282,500,000) 217,500,000 217,500,000 217,500,000 1,730,631,377
1,994,697,026 2,299,054,715 2,649,852,339 3,054,175,864 (2,315,000,746)
(2,661,025,004) (3,060,097,067) (3,520,559,394) (4,052,098,863) (1,593,690,001)
(1,774,846,854) (1,976,596,046) (2,201,278,335) (2,451,500,558) 51,225,317,400
37,443,107,751 49,748,227,472 49,752,239,901 47,300,628,926
-
14,000,000,000 - - -
1,088,589,998
1,210,941,362 1,347,044,326 1,498,444,495 1,666,861,187 5,528,564,497
5,808,088,460 6,101,745,141 6,410,249,091 6,734,350,985 6,617,154,496
7,019,029,822 7,448,789,468 7,908,693,586 8,401,212,173 57,842,471,895
58,462,137,572 57,197,016,939 57,660,933,487 55,701,841,099 419,881,229,424
477,723,701,319 536,185,838,892 593,382,855,831 651,043,789,318 477,723,701,319
536,185,838,892 593,382,855,831 651,043,789,318 706,745,630,417 Per 31 Desember
Tabel 4.11 (lanjutan) Perusahaan Rokok "Sumber Makmur"
Cash Flow From Operation NORMAL
88
L am pir an 4 : P ro ye ks i L ap or an L ab a R ug i B est
C . S ize grow th 2006 2007 2008
Penjualan 7.54% 206,692,503,732 222,277,118,513 222,852,350,519
H arga pokok penjualan 63.64% 131,530,073,232 141,447,440,754 141,075,654,820
LA B A K O T O R 75,162,430,500 80,829,677,759 81,776,695,700
B IA Y A O P E R A SIO N A L
G aji K aryawan 5.68% 602,376,000 636,590,957 666,904,812
L istrik 9.09% 327,270,000 357,018,843 381,747,421
T elepon 9.09% 52,363,636 57,123,967 59,668,674
P A M 6.67% 38,400,000 40,960,000 43,277,891
P em akaian P erlengkapan kantor 38.08% 667,546,867 921,746,147 1,180,133,889 B iaya Perjalanan D inas 38.97% 814,296,265 1,131,626,776 1,524,662,910 P engeluaran P rom osi -7.08% 182,359,318 169,439,565 157,526,686 B iaya K irim R okok 12.68% 122,484,805 138,016,080 147,503,419 B unga P injam an B ank 11.88% 1,132,676,506 1,261,180,093 1,404,952,176 B iaya perbaikan & pem eliharaan
M esin 30.12% 368,822,875 479,908,108 613,897,423
K endaraan 25.00% 225,000,000 281,250,000 325,781,250
P abrik 40.00% 134,400,000 188,160,000 213,696,000
B iaya Penyusutan aktiva tetap 4,108,000,000 4,108,000,000 4,108,000,000 S um bangan, jam uan tam u 61.98% 516,189,803 836,112,499 1,191,124,554 T O T A L B IA Y A O PE R A S IO N A L 9,292,186,075 10,607,133,036 12,018,877,107
LA B A SE B E L U M PA JA K 65,870,244,424 70,222,544,723 69,757,818,592
PT K P ( K / 2 ) 15,600,000 15,600,000 15,600,000
PK P 65,885,844,424 70,206,944,723 69,742,218,592
PP h T erutang
5% 25,000,000 1,250,000 1,250,000 1,250,000 10% * 25,000,000 2,500,000 2,500,000 2,500,000 15% * 50,000,000 7,500,000 7,500,000 7,500,000 25% * 100,000,000 25,000,000 25,000,000 25,000,000
35% * 22,990,045,549 24,559,743,153 24,397,089,007
T O T A L P Ph T erutang 23,026,295,549 24,595,993,153 24,433,339,007
LA B A B E R SIH U SA H A 42,859,548,876 45,610,951,570 45,308,879,585
T abel 4.12
Perusahaan R okok "S um ber M akm ur"
PR O Y E K SI L A PO R A N L A B A R U G I B E ST Per 31 D esem ber
89
am pir an 4 : P ro ye ks i L ap or an L ab a R ug i B est (L an ju ta n)
2009 2010 2011 2012 2013 2014 2015
234,119,754,956
245,956,838,835 258,392,405,122 271,456,713,059 285,181,551,796 299,600,317,739 314,748,095,815 148,208,433,340
155,701,844,809 163,574,122,813 171,844,422,824 180,532,868,818 189,660,602,236 199,249,833,429 85,911,321,616
90,254,994,025 94,818,282,309 99,612,290,235 104,648,682,978 109,939,715,503 115,498,262,385
698,662,184
731,931,812 766,785,707 803,299,313 841,551,661 881,625,549 923,607,718 408,188,801
436,461,618 466,692,726 499,017,763 533,581,764 570,539,808 610,057,717 62,326,741
65,103,217 68,003,377 71,032,730 74,197,033 77,502,295 80,954,798 45,726,950
48,314,600 51,048,682 53,937,483 56,989,759 60,214,761 63,622,263 1,510,953,966
1,934,510,913 2,476,801,119 3,171,108,387 4,060,046,777 5,198,176,102 6,655,350,609 2,054,208,188
2,767,674,909 3,728,942,590 5,024,077,356 6,769,037,781 9,120,057,125 12,287,631,515 146,451,372
136,154,737 126,582,032 117,682,361 109,408,403 101,716,168 94,564,754 157,642,926
168,479,431 180,060,846 192,438,377 205,666,749 219,804,451 234,913,990 1,565,806,923
1,745,774,055 1,947,124,461 2,172,398,853 2,424,439,822 2,706,427,710 3,021,920,741 785,296,266
1,004,549,299 1,285,017,308 1,643,791,384 2,102,734,412 2,689,813,349 3,440,803,465 377,363,281
437,112,467 506,321,941 586,489,582 679,350,433 786,914,251 911,509,008 242,697,600
275,635,131 313,042,756 355,527,130 403,777,241 458,575,581 520,810,838 4,108,000,000
1,967,500,000 1,967,500,000 1,967,500,000 1,967,500,000 217,500,000 217,500,000 1,696,874,171
2,417,364,282 3,443,773,364 4,905,994,131 6,989,071,542 9,956,620,354 14,184,185,735 13,860,199,371
14,136,566,471 17,327,696,909 21,564,294,849 27,217,353,377 33,045,487,505 43,247,433,151 72,051,122,245
76,118,427,555 77,490,585,400 78,047,995,386 77,431,329,601 76,894,227,999 72,250,829,234 15,600,000
15,600,000 15,600,000 15,600,000 15,600,000 15,600,000 15,600,000 72,035,522,245
76,102,827,555 77,474,985,400 78,032,395,386 77,415,729,601 76,878,627,999 72,235,229,234 1,250,000
1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 2,500,000
2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 7,500,000
7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 25,000,000
25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,000,000 25,199,745,286
26,623,302,144 27,103,557,390 27,298,650,885 27,082,817,860 26,894,832,299 25,269,642,732 25,235,995,286
26,659,552,144 27,139,807,390 27,334,900,885 27,119,067,860 26,931,082,299 25,305,892,732 46,799,526,959
49,443,275,410 50,335,178,010 50,697,494,501 50,296,661,741 49,947,545,699 46,929,336,502 T abel 4.12 (lanjutan)
P erusahaan R okok "Sum ber M akm ur"
P R O Y E K SI L A P O R A N L A B A R U G I B E ST P er 31 D esem ber
90
L am pir an 5 : P ro ye ks i N er ac a B est
grow th rasio 2006 2007 2008
A ktiva lancar
kas dan setara kas 207,424,205,122 263,394,342,377 312,220,479,403
Piutang D agang 12.755% 9,227,890,926 10,404,882,057 11,731,995,044
Persediaan Produk jadi 16.330% 3,659,274,401 4,256,845,026 4,952,000,748 Persediaan Pita C ukai 21.371% 2,373,128,040 2,880,280,639 3,495,814,983
Persediaan bahan 15.043% 3,421,655,741 3,936,380,961 4,528,537,130
Jum lah A ktiva Lancar 226,106,154,230 284,872,731,059 336,928,827,307
A ktiva T etap
T anah 5,000,000,000 5,000,000,000 5,000,000,000
B angunan 4,350,000,000 4,350,000,000 4,350,000,000
M esin & Peralatan 14,000,000,000 14,000,000,000 14,000,000,000
K endaraan 8,562,000,000 8,562,000,000 8,562,000,000
A kum ulasi penyusutan
B angunan 472,500,000 690,000,000 907,500,000
M esin & Peralatan 3,750,000,000 5,500,000,000 7,250,000,000
K endaraan 4,097,750,000 6,238,250,000 8,378,750,000
T otal A kum ulasi penyusutan 8,320,250,000 12,428,250,000 16,536,250,000
Jum lah A ktiva T etap 23,591,750,000 19,483,750,000 15,375,750,000
T otal A ktiva 249,697,904,230 304,356,481,059 352,304,577,307
H utang Lancar
H utang C ukai + PP N 19.485% 44.95% 92,910,380,501 99,915,823,190 100,174,395,822
H utang D agang 19.331% 6,654,073,547 7,940,352,662 9,475,278,558
H utang Jangka P anjang
H utang B ank 11.882% 6,361,877,677 7,117,781,130 7,963,499,267
T otal H utang 105,926,331,725 114,973,956,983 117,613,173,646
M odal
M odal A w al 3,500,000,000 3,500,000,000 3,500,000,000
Laba 140,271,572,505 185,882,524,075 231,191,403,661
T otal M odal 143,771,572,505 189,382,524,075 234,691,403,661
T otal H utang dan M odal 249,697,904,230 304,356,481,058 352,304,577,307
T abel 4.13
Perusahaan R okok "S um ber M akm ur"
PR O Y E K SI N E R A C A B E ST Per 31 D esem ber
91
am pir an 5 : P ro ye ks i N er ac a B est (L an ju ta n)
2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5
3 6 5 ,2 8 0 ,0 3 9 ,0 0 9
4 2 0 ,9 3 7 ,6 1 4 ,6 9 3 4 7 7 ,6 2 3 ,9 1 5 ,1 6 9 5 3 4 ,5 5 7 ,8 9 4 ,0 8 7 5 8 9 ,7 2 4 ,0 7 8 ,1 7 1 6 4 4 ,6 7 0 ,8 8 5 ,9 1 5 6 9 6 ,7 2 4 ,8 2 7 ,3 6 2 1 3 ,2 2 8 ,3 7 7 ,5 0 2
1 4 ,9 1 5 ,6 1 9 ,2 6 9 1 6 ,8 1 8 ,0 6 3 ,9 0 4 1 8 ,9 6 3 ,1 5 9 ,9 1 8 2 1 ,3 8 1 ,8 5 6 ,8 0 2 2 4 ,1 0 9 ,0 5 1 ,5 6 5 2 7 ,1 8 4 ,0 9 2 ,2 3 0 5 ,7 6 0 ,6 7 7 ,5 1 1
6 ,7 0 1 ,4 1 3 ,6 4 6 7 ,7 9 5 ,7 7 4 ,8 4 9 9 ,0 6 8 ,8 4 8 ,5 6 0 1 0 ,5 4 9 ,8 1 9 ,0 7 6 1 2 ,2 7 2 ,6 3 6 ,5 7 4 1 4 ,2 7 6 ,7 9 5 ,4 0 3 4 ,2 4 2 ,8 9 2 ,9 4 2
5 ,1 4 9 ,6 2 6 ,2 2 7 6 ,2 5 0 ,1 3 4 ,1 9 8 7 ,5 8 5 ,8 2 7 ,7 4 1 9 ,2 0 6 ,9 6 7 ,5 1 5 1 1 ,1 7 4 ,5 5 5 ,1 9 9 1 3 ,5 6 2 ,6 2 8 ,9 2 0 5 ,2 0 9 ,7 7 2 ,3 1 2
5 ,9 9 3 ,4 8 6 ,8 0 6 6 ,8 9 5 ,0 9 6 ,7 4 2 7 ,9 3 2 ,3 3 7 ,3 2 2 9 ,1 2 5 ,6 1 1 ,6 8 4 1 0 ,4 9 8 ,3 9 2 ,2 4 3 1 2 ,0 7 7 ,6 8 2 ,4 0 7 3 9 3 ,7 2 1 ,7 5 9 ,2 7 6
4 5 3 ,6 9 7 ,7 6 0 ,6 4 0 5 1 5 ,3 8 2 ,9 8 4 ,8 6 1 5 7 8 ,1 0 8 ,0 6 7 ,6 2 9 6 3 9 ,9 8 8 ,3 3 3 ,2 4 8 7 0 2 ,7 2 5 ,5 2 1 ,4 9 6 7 6 3 ,8 2 6 ,0 2 6 ,3 2 3 5 ,0 0 0 ,0 0 0 ,0 0 0
5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 5 ,0 0 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0
4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 4 ,3 5 0 ,0 0 0 ,0 0 0 1 4 ,0 0 0 ,0 0 0 ,0 0 0
1 4 ,0 0 0 ,0 0 0 ,0 0 0 1 4 ,0 0 0 ,0 0 0 ,0 0 0
1 ,1 2 5 ,0 0 0 ,0 0 0
1 ,3 4 2 ,5 0 0 ,0 0 0 1 ,5 6 0 ,0 0 0 ,0 0 0 1 ,7 7 7 ,5 0 0 ,0 0 0 1 ,9 9 5 ,0 0 0 ,0 0 0 2 ,2 1 2 ,5 0 0 ,0 0 0 2 ,4 3 0 ,0 0 0 ,0 0 0 9 ,0 0 0 ,0 0 0 ,0 0 0
1 0 ,7 5 0 ,0 0 0 ,0 0 0 1 2 ,5 0 0 ,0 0 0 ,0 0 0 1 0 ,1 2 5 ,0 0 0 ,0 0 0
1 2 ,0 9 2 ,5 0 0 ,0 0 0 1 4 ,0 6 0 ,0 0 0 ,0 0 0 1 ,7 7 7 ,5 0 0 ,0 0 0 1 ,9 9 5 ,0 0 0 ,0 0 0 2 ,2 1 2 ,5 0 0 ,0 0 0 2 ,4 3 0 ,0 0 0 ,0 0 0 1 3 ,2 2 5 ,0 0 0 ,0 0 0
1 1 ,2 5 7 ,5 0 0 ,0 0 0 9 ,2 9 0 ,0 0 0 ,0 0 0 7 ,5 7 2 ,5 0 0 ,0 0 0 7 ,3 5 5 ,0 0 0 ,0 0 0 7 ,1 3 7 ,5 0 0 ,0 0 0 6 ,9 2 0 ,0 0 0 ,0 0 0 4 0 6 ,9 4 6 ,7 5 9 ,2 7 6
4 6 4 ,9 5 5 ,2 6 0 ,6 4 0 5 2 4 ,6 7 2 ,9 8 4 ,8 6 1 5 8 5 ,6 8 0 ,5 6 7 ,6 2 9 6 4 7 ,3 4 3 ,3 3 3 ,2 4 8 7 0 9 ,8 6 3 ,0 2 1 ,4 9 6 7 7 0 ,7 4 6 ,0 2 6 ,3 2 3 1 0 5 ,2 3 9 ,2 0 8 ,5 9 7
1 1 0 ,5 6 0 ,0 9 8 ,0 7 0 1 1 6 ,1 5 0 ,0 1 1 ,4 6 6 1 2 2 ,0 2 2 ,5 5 0 ,6 2 2 1 2 8 ,1 9 2 ,0 0 5 ,0 8 4 1 3 4 ,6 7 3 ,3 8 6 ,8 7 5 1 4 1 ,4 8 2 ,4 6 7 ,0 2 7 1 1 ,3 0 6 ,9 1 6 ,4 0 1
1 3 ,4 9 2 ,6 2 2 ,6 9 5 1 6 ,1 0 0 ,8 4 1 ,3 5 4 1 9 ,2 1 3 ,2 4 6 ,9 8 4 2 2 ,9 2 7 ,3 0 2 ,4 6 6 2 7 ,3 5 9 ,3 1 0 ,9 3 9 3 2 ,6 4 8 ,0 5 7 ,7 5 3 8 ,9 0 9 ,7 0 3 ,6 5 8
9 ,9 6 8 ,3 3 3 ,8 4 5 1 1 ,1 5 2 ,7 4 8 ,0 0 1 1 2 ,4 7 7 ,8 9 1 ,4 8 1 1 3 ,9 6 0 ,4 8 5 ,4 1 5 1 5 ,6 1 9 ,2 3 7 ,7 0 0 1 7 ,4 7 5 ,0 7 9 ,0 5 8 1 2 5 ,4 5 5 ,8 2 8 ,6 5 6
1 3 4 ,0 2 1 ,0 5 4 ,6 1 0 1 4 3 ,4 0 3 ,6 0 0 ,8 2 0 1 5 3 ,7 1 3 ,6 8 9 ,0 8 7 1 6 5 ,0 7 9 ,7 9 2 ,9 6 5 1 7 7 ,6 5 1 ,9 3 5 ,5 1 3 1 9 1 ,6 0 5 ,6 0 3 ,8 3 8 3 ,5 0 0 ,0 0 0 ,0 0 0
3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 3 ,5 0 0 ,0 0 0 ,0 0 0 2 7 7 ,9 9 0 ,9 3 0 ,6 2 0
3 2 7 ,4 3 4 ,2 0 6 ,0 3 0 3 7 7 ,7 6 9 ,3 8 4 ,0 4 1 4 2 8 ,4 6 6 ,8 7 8 ,5 4 2 4 7 8 ,7 6 3 ,5 4 0 ,2 8 3 5 2 8 ,7 1 1 ,0 8 5 ,9 8 2 5 7 5 ,6 4 0 ,4 2 2 ,4 8 4 2 8 1 ,4 9 0 ,9 3 0 ,6 2 0
3 3 0 ,9 3 4 ,2 0 6 ,0 3 0 3 8 1 ,2 6 9 ,3 8 4 ,0 4 1 4 3 1 ,9 6 6 ,8 7 8 ,5 4 2 4 8 2 ,2 6 3 ,5 4 0 ,2 8 3 5 3 2 ,2 1 1 ,0 8 5 ,9 8 2 5 7 9 ,1 4 0 ,4 2 2 ,4 8 4 4 0 6 ,9 4 6 ,7 5 9 ,2 7 6
4 6 4 ,9 5 5 ,2 6 0 ,6 4 0 5 2 4 ,6 7 2 ,9 8 4 ,8 6 0 5 8 5 ,6 8 0 ,5 6 7 ,6 2 9 6 4 7 ,3 4 3 ,3 3 3 ,2 4 8 7 0 9 ,8 6 3 ,0 2 1 ,4 9 5 7 7 0 ,7 4 6 ,0 2 6 ,3 2 2 T a b el 4 .1 3 (la n ju ta n )
P e ru sa h a a n R o k o k "S u m b er M a k m u r"
P R O Y E K S I N E R A C A B E S T P er 3 1 D esem b e r
