Pengaruh Rasio Keuangan Terhadap Return Saham Dengan Kebijakan Dividen Sebagai Variabel Moderating pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia

(1)

LAMPIRAN Lampiran 1.

Data Variabel Current Asset Perusahaan Property dan Real Estate

Yang Terdaftar Di Bursa Efek Indonesia

No NAMA PERUSAHAAN TAHUN

2011 2012 2013 1 Agung Podomoro Land Tbk. 1,820 1,565 1,679 2 Alam Sutera Realty Tbk 0,980 1,230 0,750 3 Bekasi Fajar Industrial Estate Tbk. 0,740 2,745 2,533 4 Bumi Serpong Damai Tbk _2,216 _1,867 _2,200 5 Ciputra Development Tbk 2,370 1,560 1,355 6 Ciputra Property Tbk 2,744 1,817 1,290 7 Ciputra Surya Tbk 1,670 1,290 1,159 8 Duta Anggada Realty Tbk 0,700 1,200 2,000 9 Intiland Development Tbk 2,906 1,310 1,730 10 Jaya Real Property Tbk 0,923 0,876 0,703 11 Lamicitra Nusantara Tbk 1,618 1,809 1,512 12 Metro Realty Tbk. 3,890 6,210 10,396 13 Metropolitan Kentjana Tbk 0,360 0,664 0,390 14 Metropolitan Land Tbk 4,790 4,030 2,270 15 Pakuwon Jati Tbk 4,270 1,540 2,068 16 Perdana Gapuraprima Tbk 2,847 2,760 2,506 17 Plaza Indonesia Realty Tbk. 1,780 1,180 1,090 18 Summarecon Agung Tbk 1,240 1,310 1,460

(2)

Data Variabel Debt To Equity Ratio PerusahaanProperty dan Real Estate

No NAMA PERUSAHAAN TAHUN

2011 2012 2013 1 Agung Podomoro Land Tbk. 1,150 1,393 1,729 2 Alam Sutera Realty Tbk 1,160 1,310 1,710

3

Bekasi Fajar Industrial Estate

Tbk. 0,840 0,290 0,360

4 Bumi Serpong Damai Tbk _0,550 _0,590 _0,680 5 Ciputra Development Tbk 0,510 0,770 1,060 6 Ciputra Property Tbk 0,200 0,490 0,670 7 Ciputra Surya Tbk 0,810 0,570 1,310 8 Duta Anggada Realty Tbk 0,830 0,510 0,630 9 Intiland Development Tbk 0,500 0,540 0,840 10 Jaya Real Property Tbk 1,150 1,250 1,300 11 Lamicitra Nusantara Tbk 1,090 0,890 0,710 12 Metro Realty Tbk. 0,470 0,230 0,190 13 Metropolitan Kentjana Tbk 0,440 0,490 0,480 14 Metropolitan Land Tbk 0,180 0,300 0,610 15 Pakuwon Jati Tbk 1,420 1,410 1,270 16 Perdana Gapuraprima Tbk 0,900 0,860 0,660 17 Plaza Indonesia Realty Tbk. 0,842 0,770 0,910 18 Summarecon Agung Tbk 2,270 1,850 1,930

(3)

Data Variabel Return On Assets PerusahaanProperty dan Real Estate

3

Tbk. 7,270 20,580 22,170

4 Bumi Serpong Damai Tbk _7,910 _8,830 _12,870 5 Ciputra Development Tbk 4,290 5,650 7,030 6 Ciputra Property Tbk 3,910 5,380 5,780 7 Ciputra Surya Tbk 5,650 6,190 7,150 8 Duta Anggada Realty Tbk 1,550 4,210 3,790 9 Intiland Development Tbk 2,590 3,290 4,380 10 Jaya Real Property Tbk 8,490 8,560 8,860 11 Lamicitra Nusantara Tbk 9,260 6,850 8,080 12 Metro Realty Tbk. 3,600 3,840 -2,120 13 Metropolitan Kentjana Tbk 15,100 14,220 12,880 14 Metropolitan Land Tbk 9,050 10,120 8,500 15 Pakuwon Jati Tbk 6,590 10,130 12,220 16 Perdana Gapuraprima Tbk 3,630 4,300 7,990 17 Plaza Indonesia Realty Tbk. 1,970 5,940 0,810 18 Summarecon Agung Tbk 4,800 7,280 8,020

(4)

Data VariabelSize PerusahaanProperty dan Real Estate

3

Tbk. 7,405 7,735 8,120

4 Bumi Serpong Damai Tbk _9,456 _9,727 _10,024 5 Ciputra Development Tbk 9,352 9,617 9,909 6 Ciputra Property Tbk 8,370 8,688 8,943

7 Ciputra Surya Tbk 8,169 8,396 8,660

8 Duta Anggada Realty Tbk 8,320 8,365 8,470 9 Intiland Development Tbk 8,647 8,715 8,926 10 Jaya Real Property Tbk 8,315 8,517 8,726 11 Lamicitra Nusantara Tbk 6,384 6,422 6,417

12 Metro Realty Tbk. 4,804 4,682 4,585

13 Metropolitan Kentjana Tbk 7,668 7,845 7,951 14 Metropolitan Land Tbk 7,456 7,609 7,949

15 Pakuwon Jati Tbk 8,656 8,931 9,138

16 Perdana Gapuraprima Tbk 7,120 7,178 7,195 17 Plaza Indonesia Realty Tbk. 15,189 8,281 8,325 18 Summarecon Agung Tbk 8,999 9,294 9,522

(5)

Data Variabel Fixed Assets Turn Over Perusahaan Property dan Real Estate

3

Tbk. 6,265 1,255 17,290

Duta Anggada Realty Tbk 32,63

8 5,254 63,033 9 Intiland Development Tbk 5,472 4,545 3,684

10

Jaya Real Property Tbk 16,05

6 34,026 37,008 11 Lamicitra Nusantara Tbk 2,422 2,033 3,643 12 Metro Realty Tbk. 1,349 1,516 3,444 13 Metropolitan Kentjana Tbk 0,540 0,529 0,522 14 Metropolitan Land Tbk 3,269 3,913 3,774 15 Pakuwon Jati Tbk 0,891 2,564 4,501

16

Perdana Gapuraprima Tbk 40,31

0 33,844 48,316 17 Plaza Indonesia Realty Tbk. 0,441 0,338 0,433 18 Summarecon Agung Tbk 7,750 12,260 11,636

(6)

Data Variabel Cash Flow To Debt PerusahaanProperty dan Real Estate

3

Bekasi Fajar Industrial

Estate Tbk. 0,733 1,145 0,855

4 Bumi Serpong Damai Tbk _0,217 _0,036 _0,060 5 Ciputra Development Tbk 0,319 0,264 0,298 6 Ciputra Property Tbk 0,007 0,616 0,360 7 Ciputra Surya Tbk 0,170 0,286 0,185 8 Duta Anggada Realty Tbk 0,018 0,062 -0,046 10 Intiland Development Tbk 0,120 0,082 0,064 11 Jaya Real Property Tbk 0,143 0,102 0,101 12 Lamicitra Nusantara Tbk 0,162 0,074 0,166 13 Metro Realty Tbk. 0,175 0,426 0,441 14 Metropolitan Kentjana Tbk 0,806 0,563 0,569 15 Metropolitan Land Tbk 0,275 0,086 0,005 17 Pakuwon Jati Tbk 0,103 0,309 0,405 18 Perdana Gapuraprima Tbk 0,000 0,067 0,041 19 Plaza Indonesia Realty Tbk. 0,179 0,302 0,328 20 Summarecon Agung Tbk 0,133 0,185 0,000

(7)

Lampiran 2.

Data Variabel Return Saham Perusahaan Property dan Real Estate

2011 2012 2013 1 Agung Podomoro Land Tbk. -0,09 0,06 -0,42 2 Alam Sutera Realty Tbk 0,56 0,04 -0,28

3

Tbk. 0,00 2,36 -0,35

4 Bumi Serpong Damai Tbk _0,09 _0,13 _0,16 5 Ciputra Development Tbk 0,54 0,48 -0,06 6 Ciputra Property Tbk 0,11 0,22 0,03

7 Ciputra Surya Tbk 0,26 1,59 -0,42

8 Duta Anggada Realty Tbk 1,34 0,63 -0,37 9 Intiland Development Tbk -0,40 0,31 -0,06 10 Jaya Real Property Tbk 0,69 0,41 0,29 11 Lamicitra Nusantara Tbk 0,16 -0,04 -0,18

12 Metro Realty Tbk. 1,84 0,09 -0,01

13 Metropolitan Kentjana Tbk 0,04 0,34 1,44 14 Metropolitan Land Tbk 0,00 1,24 -0,30

15 Pakuwon Jati Tbk -0,17 0,20 0,29

16 Perdana Gapuraprima Tbk 0,16 -0,36 0,51 17 Plaza Indonesia Realty Tbk. -0,22 0,05 0,19 18 Summarecon Agung Tbk 0,14 0,53 -0,18

(8)

Lampiran 3.

Data VariabelKebijakan Dividen Perusahaan Property dan Real Estate

3

Tbk. 0,000 0,178 0,030

4 Bumi Serpong Damai Tbk _0,208 _0,204 _0,098 5 Ciputra Development Tbk 0,333 0,308 0,297 6 Ciputra Property Tbk 0,308 0,320 0,300

7 Ciputra Surya Tbk 0,301 0,302 0,297

8 Duta Anggada Realty Tbk 0,000 0,488 1,037 9 Intiland Development Tbk 0,214 0,294 0,258 10 Jaya Real Property Tbk 0,328 0,328 0,326 11 Lamicitra Nusantara Tbk 0,000 0,136 0,144 12 Metro Realty Tbk. 0,000 0,042 -0,337 13 Metropolitan Kentjana Tbk 0,440 0,431 0,532 14 Metropolitan Land Tbk 0,176 0,200 0,204

15 Pakuwon Jati Tbk 0,050 0,225 0,191

16 Perdana Gapuraprima Tbk 0,090 0,100 0,090 17 Plaza Indonesia Realty Tbk. 3,307 0,619 3,722 18 Summarecon Agung Tbk 0,403 0,374 0,301

(9)

Lampiran 4.

Output Hasil Pengujian Data SPSS

Descriptive Statistics

N Minimum Maximum Mean Std. Deviation

CURRENT ASSET 54 .3600 14.3200 2.287804 2.3136246

DEBT TO EQUITY

Std. Deviation .54262837

Most Extreme Differences Absolute .121

Positive .121

Negative -.056

Kolmogorov-Smirnov Z .891

Asymp. Sig. (2-tailed) .405

a. Test distribution is Normal. b. Calculated from data.

(10)

Model Summaryb

Model R R Square

Adjusted R Square

Std. Error of the

Estimate Durbin-Watson

1 .511a .261 .167 .5762242 2.184

a. Predictors: (Constant), CASH FLOW TO DEBT, SIZE, FIXED ASSET TURN OVER, RETURN ON ASSET, DEBT TO EQUITY RATIO, CURRENT ASSET

b. Dependent Variable: RETURN SAHAM

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 5.526 6 .921 2.774 .022a

Residual 15.606 47 .332

Total 21.131 53

(11)

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 5.526 6 .921 2.774 .022a

Residual 15.606 47 .332

Total 21.131 53

Coefficientsa

a. Dependent Variable: RETURN SAHAM

Runs Test

Unstandardized Residual

Test Valuea -.09010

Current assetses < Test Value

27

Current assetses >= Test Value

27

Total Current assetses 54

Number of Runs 26

Z -.550

Asymp. Sig. (2-tailed) .583

a. Median

(12)

Coefficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

t Sig.

B Std. Error Beta

1 (Constant) .321 .065 4.921 .000

RETURN SAHAM

-.076 .096 -.110 -.799 .428

a. Dependent Variable: abs_residual_moderasi

Model Summaryb

Model R R Square

Adjusted R Square

Std. Error of the Estimate

1 .514a .265 .153 .5812133

a. Predictors: (Constant), KEBIJAKAN DIVIDEN, DEBT TO EQUITY RATIO, FIXED ASSET TURN OVER, RETURN ON ASSET, CASH FLOW TO DEBT, CURRENT ASSET, SIZE