Nama Perusahaan Kriteria
Nama Perusahaan Kriteria 1
Nama Perusahaan Kriteria 1
Kriteria 2 Keteran gan
Supreme Cable Manufacturind and Commerce Tbk.
√ √ √ √ 69
Surabaya Agung Industry Pulp Tbk. ** √ - - -
Surya Intrindo Makmur Tbk. **) √ - - -
Surya Toto Indonesia Tbk [S] √ √ √ -
Taisho Pharmaceutical Indonesia (PS) Tbk.
√
Taisho Pharmaceutical Indonesia Tbk. [S]
√ - - -
Tembaga Mulia Semanan Tbk. √ - √ √
Tempo Scan Pacific Tbk. [S] √ - √ √
Nama Perusahaan Kriteria 1
Kriteria 2 Keteran gan 2010 2011 2012
Tiga Pilar Sejahtera Food Tbk. √ √ √ √ 70
Tirta Mahakam Resources Tbk. √ - - -
Titan Kimia Nusantara Tbk. [S] - - - -
Unggul Indah Cahaya Tbk. [S] √ √ √ √ 73
Unilever Indonesia Tbk. [S] ***) √ √ √ √ 74
Unitex Tbk. **) √ - - -
Voksel Electric Tbk. [S] √ √ √ √ 75
Lampiran 2 Daftar Sampel Perusahaan
No Kode Nama Perusahaan
1 ADES Akasha Wira International Tbk 2 ALKA Alakasa Industrindo Tbk.
3 ALMI Alumindo Light Metal Industry Tbk. 4 AKPI Argha Karya Prima Ind. Tbk.
12 BTON Betonjaya Manunggal Tbk. 13 BUDI Budi Acid Jaya Tbk. 14 CEKA Cahaya Kalbar Tbk.
15 IGAR Champion Pasific Indonesia Tbk. 16 CPIN Charoen Pokphand Indonesia Tbk. 17 CTBN Citra Tubindo Tbk.
18 DVLA Darya-Varia Laboratoria Tbk. 19 DLTA Delta Djakarta Tbk.
20 EKAD Ekadharma International Tbk. 21 ETWA Eterindo Wahanatama Tbk. 22 FASW Fajar Surya Wisesa Tbk.
29 INAI Indal Aluminium Industry Tbk. 30 SRSN Indo Acidatama Tbk.
31 BRAM Indo Kordsa Tbk.
32 INTP Indocement Tunggal Prakasa Tbk. 33 INAF Indofarma (Persero) Tbk.
36 IMAS Indomobil Sukses Internasional Tbk. 37 IPOL Indopoly Swakarsa Industry Tbk. 38 INDR Indorama Synthetics Tbk.
39 INDS Indospring Tbk.
40 JPFA JAPFA Comfeed Indonesia Tbk. 41 JPRS Jaya Pari Steel Tbk.
42 KBLM Kabelindo Murni Tbk. 43 KLBF Kalbe Farma Tbk.
44 KDSI Kedawung Setia Industrial Tbk. 45 KAEF Kimia Farma Tbk.
46 KBLI KMI Wire and Cable Tbk. 47 LPMI Langgeng Makmur Industri Tbk. 48 LMSH Lionmesh Prima Tbk.
49 MAIN Malindo Feedmill Tbk. 50 MBTO Martina Berto Tbk. 51 MYOR Mayora Indah Tbk. 52 SCPI Merck Tbk.
53 MLBI Multi Bintang Indonesia Tbk. 54 LPIN Multi Prima Sejahtera Tbk. 55 MASA Multistrada Arah Sarana Tbk. 56 MRAT Mustika Ratu Tbk.
57 ROTI Nippon Indosari Corpindo Tbk 58 NIPS Nipress Tbk.
59 TKIM Pabrik Kertas Tjiwi Kimia Tbk. 60 PBRX Pan Brothers Tex Tbk.
61 PSDN Prasidha Aneka Niaga Tbk. 62 PRAS Prima Alloy Steel Tbk.
63 BIMA Primarindo Asia Infrastructur Tbk. 64 PYFA Pyridam Farma Tbk.
65 RICY Ricky Putra Globalindo Tbk. 66 SKBM Sekar Laut Tbk.
67 SIAP Sekawan Intipratama Tbk. 68 SPMA Suparma Tbk.
69 SCCO Supreme Cable Manufacturind and Commerce Tbk. 70 AISA Tiga Pilar Sejahtera Food Tbk.
74 UNVR Unilever Indonesia Tbk. 75 VOKS Voksel Electric Tbk.
Lampiran 3 Daftar Rasio Likuiditas, Laba, dan Arus Kas
No Perusahaan Tahun Financial
Distress Likuiditas Laba Arus Kas
194 2011 0 1,78 0,0244 0,0354
195 2012 1 2,25 0,0201 0,0683
196 SKBM 2010 0 1,88 0,0310 0,0262
197 2011 0 3,40 0,0374 0,0438
198 2012 0 4,00 0,0467 0,0181
199 SIAP 2010 0 1,87 0,0478 0,0898
200 2011 1 2,08 0,0280 0,0137
201 2012 0 1,32 0,0260 0,0080
202 SPMA 2010 0 1,15 0,0298 0,0042
203 2011 0 1,22 0,0286 0,0191
204 2012 0 2,65 0,0322 0,0244
205 SCCO 2010 0 1,26 0,0714 0,0874
206 2011 0 1,29 0,0996 0,1987
207 2012 0 1,46 0,1511 0,1751
208 AISA 2010 0 1,29 0,0486 0,0080
209 2011 0 1,89 0,0516 0,1768
210 2012 0 1,27 0,0839 0,0264
211 TRST 2010 0 1,23 0,0892 0,0394
212 2011 0 1,40 0,0874 0,0270
213 2012 0 1,30 0,0369 0,0202
214 ULTJ 2010 0 2,00 0,1011 0,1909
215 2011 0 1,48 0,0719 0,1113
216 2012 0 2,02 0,1892 0,2214
217 UNIC 2010 0 1,87 0,0176 0,0536
218 2011 0 1,60 0,0309 0,0444
219 2012 0 1,67 0,0192 0,0496
220 UNVR 2010 0 0,85 0,5224 0,0365
221 2011 0 0,68 0,5318 0,0321
222 2012 0 0,67 0,5396 0,0192
223 VOKS 2010 1 1,47 0,0151 0,0330
224 2011 0 1,48 0,0896 0,0845
Lampiran 4 Uji Asumsi Klasik
Variables Entered/Removedb
Model Variables
Entered
Variables
Removed Method
1 Arus Kas, Laba,
Likuiditasa
. Enter
a. All requested variables entered.
b. Dependent Variable: Financial Distress
Model Summaryb
Model
R R Square
Adjusted R
Square
Std. Error of the
Estimate
1 ,275a ,076 ,063 ,249
a. Predictors: (Constant), Arus Kas, Laba, Likuiditas
Coefficientsa
Model
Unstandardized Coefficients
Standardized
Coefficients
t Sig.
B Std. Error Beta
1 (Constant) ,152 ,031 4,880 ,000
Likuiditas -,003 ,016 -,019 -,219 ,827
Laba -,441 ,130 -,236 -3,383 ,001
Arus Kas -,150 ,209 -,064 -,717 ,474
a. Dependent Variable: Financial Distress
Residuals Statisticsa
Minimum Maximum Mean Std. Deviation N
Predicted Value -,34 ,20 ,07 ,071 225
Residual -,140 ,891 ,000 ,248 225
Std. Predicted Value -5,854 1,766 ,000 1,000 225
Std. Residual -,563 3,572 ,000 ,993 225
ANOVAb
Model Sum of Squares df Mean Square F Sig.
1 Regression 1,126 3 ,375 6,041 ,001a
Residual 13,736 221 ,062
Total 14,862 224
a. Predictors: (Constant), Arus Kas, Laba, Likuiditas
b. Dependent Variable: Financial Distress
Coefficient Correlationsa
Model Arus Kas Laba Likuiditas
1 Correlations Arus Kas 1,000 -,228 -,623
Laba -,228 1,000 -,094
Likuiditas -,623 -,094 1,000
Covariances Arus Kas ,044 -,006 -,002
Laba -,006 ,017 ,000
Lampiran 4 Regresi Logistik
Case Processing Summary
Unweighted Casesa N Percent
Selected Cases Included in Analysis 225 100,0
Missing Cases 0 ,0
Total 225 100,0
Unselected Cases 0 ,0
Total 225 100,0
a. If weight is in effect, see classification table for the total number of
cases.
Dependent Variable Encoding
Original Value Internal Value
Non Financial Distress 0
Financial Distress 1
a. Dependent Variable: Financial Distress
Model Dimension
Eigenvalue Condition Index
Variance Proportions
(Constant) Likuiditas Laba Arus Kas
1
dimension1
1 3,213 1,000 ,02 ,01 ,03 ,02
2 ,369 2,950 ,00 ,05 ,89 ,12
3 ,305 3,246 ,54 ,00 ,07 ,34
4 ,113 5,334 ,44 ,93 ,01 ,52
Iteration Historya,b,c
Iteration
-2 Log likelihood
Coefficients
Constant
Step 0 1 129,327 -1,716
2 116,227 -2,345
3 115,433 -2,550
4 115,427 -2,570
5 115,427 -2,570
a. Constant is included in the model.
b. Initial -2 Log Likelihood: 115,427
c. Estimation terminated at iteration number 5
because parameter estimates changed by less than
,001.
Classification Tablea,b
Observed Predicted
Financial Distress
Percentage
Correct Non Financial
Distress
Financial
Distress
Step 0 Financial Distress Non Financial Distress 209 0 100,0
Financial Distress 16 0 ,0
Overall Percentage 92,9
a. Constant is included in the model.
b. The cut value is ,500
Variables not in the Equation
Score df Sig.
Step 0 Variables Likuiditas 4,090 1 ,043
Laba 15,886 1 ,000
ArusKas 6,009 1 ,014
Variables in the Equation
B S.E. Wald df Sig. Exp(B)
Step 0 Constant -2,570 ,259 98,144 1 ,000 ,077
Omnibus Tests of Model Coefficients
Chi-square df Sig.
Step 1 Step 79,319 3 ,000
Block 79,319 3 ,000
Model 79,319 3 ,000
Iteration Historya,b,c,d
Iteration
-2 Log likelihood
Coefficients
Constant Likuiditas Laba ArusKas
Step 1 1 122,366 -1,393 -,014 -1,766 -,600
2 95,742 -1,452 -,042 -6,268 -1,080
3 74,196 -,880 -,020 -18,844 -,508
4 58,729 -,391 ,020 -37,199 ,947
5 47,183 ,269 ,073 -66,068 2,969
6 39,776 ,939 ,169 -105,728 4,669
7 36,761 1,425 ,294 -145,515 5,689
8 36,143 1,707 ,382 -171,492 5,726
9 36,107 1,795 ,407 -179,203 5,510
10 36,107 1,802 ,409 -179,728 5,479
11 36,107 1,802 ,409 -179,730 5,479
12 36,107 1,802 ,409 -179,730 5,479
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 115,427
d. Estimation terminated at iteration number 12 because parameter estimates
