Analisis Merger dan Akuisisi Terhadap Kinerja Keuangan Perbankan

(1)

LAMPIRAN

Lampiran I

Data variabel

Quick Ratio, Loan to Asset Ratio, Loan to Deposit Ratio, Capital

Adequacy Ratio

dua tahun sebelum merger dan akuisisi (dalam persentase)

No

Perusahaan

Quick

Ratio

Loan to

Asset Ratio

LDR

CAR

Tahun

1 Bank Commonwealth

71.98

17.72

19.54

17.20 2005

2 Bank CIMB Niaga

22.62

71.22

84.69

16.65 2006

3 Bank UOB Indonesia

14.96

69.66

92.79

25.80 2008

4 Rabobank Indonesia

49.46

52.04

59.00

12.00 2006

5 Bank OCBC NISP

21.09

56.75

72.90

17.40 2009

6 Bank Windu Kentjana

International

87.92

31.62

51.53

28.91 2006

7 Bank Victoria

14.92

34.32

41.20

21.92 2005

8 Bank SBI Indonesia

70.31

40.15

57.12

67.90 2007

Data variabel

Return On Asset, Return On Equity, Net Interest Margin, Net

Profit Margin

dua tahun sebelum merger dan akuisisi (dalam persentase)

No

Perusahaan

ROA

ROE

NIM

NPM

Tahun

1 Bank Commonwealth

0.16

1.96

1.68

53.88 2005

2 Bank CIMB Niaga

2.11

14.80

5.62

63.02 2006

3 Bank UOB Indonesia

2.71

10.92

6.21

70.67 2008

4 Rabobank Indonesia

2.00

32.00

4.00

74.23 2006

(2)

6 Bank Windu Kentjana

International

0.43

1.44

5.92

41.37 2006

7 Bank Victoria

1.46

11.68

3.82

71.78 2005

8 Bank SBI Indonesia

0.54

1.68

4.71

70.45 2007

Data variabel

Quick Ratio, Loan to Asset Ratio, Loan to Deposit Ratio, Capital

Adequacy Ratio

satu tahun sebelum merger dan akuisisi (dalam persentase)

No

Perusahaan

Quick

Ratio

Loan to

Asset Ratio

LDR

CAR

Tahun

1 Bank Commonwealth

30.61

35.89

42.12

32.52 2006

2 Bank CIMB Niaga

20.11

76.06

92.44

15.43 2007

3 Bank UOB Indonesia

14.69

68.71

89.47

26.39 2009

4 Rabobank Indonesia

24.11

76.45

116.62

16.17 2007

5 Bank OCBC NISP

21.48

58.69

75.20

17.20 2010

6 Bank Windu Kentjana

International

58.33

35.85

53.71

30.90 2007

7 Bank Victoria

17.45

37.57

51.94

24.02 2006

8 Bank SBI Indonesia

43.37

47.93

61.68

40.69 2008

Data variabel

Return On Asset, Return On Equity, Net Interest Margin, Net

Profit Margin

satu tahun sebelum merger dan akuisisi (dalam persentase)

No

Perusahaan

ROA

ROE

NIM

NPM

Tahun

1 Bank Commonwealth

0.10

0.28

3.79

22.22 2006

(3)

3 Bank UOB Indonesia

3.03

12.97

5.85

71.59 2009

4 Rabobank Indonesia

1.80

13.61

4.61

73.67 2007

5 Bank OCBC NISP

2.90

17.65

5.70

55.42 2010

6 Bank Windu Kentjana

International

0.02 -1.83

3.73

31.22 2007

7 Bank Victoria

1.76

12.11

2.71

74.96 2006

8 Bank SBI Indonesia

1.40

3.73

4.49

70.72 2008

Data variabel

Quick Ratio, Loan to Asset Ratio, Loan to Deposit Ratio, Capital

Adequacy Ratio

satu tahun setelah merger dan akuisisi (dalam persentase)

No

Perusahaan

Quick

Ratio

Loan to

Asset Ratio

LDR

CAR

Tahun

1 Bank Commonwealth

50.28

40.85

47.09

14.55 2008

2 Bank CIMB Niaga

14.35

74.80

95.11

13.63 2009

3 Bank UOB Indonesia

17.91

70.35

97.16

16.91 2011

4 Rabobank Indonesia

16.27

82.64

114.78

13.59 2009

5 Bank OCBC NISP

17.65

60.22

78.80

16.10 2011

6 Bank Windu Kentjana

International

20.88

69.01

86.14

20.24 2008

7 Bank Victoria

15.55

37.74

53.46

23.22 2008

(4)

Data variabel

Return On Asset, Return On Equity, Net Interest Margin, Net

Profit Margin

satu tahun setelah merger dan akuisisi (dalam persentase)

No

Perusahaan

ROA

ROE

NIM

NPM

Tahun

1 Bank Commonwealth

0.41

0.02

4.45

4.72 2008

2 Bank CIMB Niaga

2.10

16.23

6.60

70.96 2009

3 Bank UOB Indonesia

2.30

11.43

5.14

75.08 2011

4 Rabobank Indonesia

1.66

11.27

5.43

60.32 2009

5 Bank OCBC NISP

3.00

18.51

5.90

75.82 2011

6 Bank Windu Kentjana

International

0.25

1.39

4.95

37.19 2008

7 Bank Victoria

0.88

7.81

2.61

79.96 2008

8 Bank SBI Indonesia

0.90

5.52

4.00

66.61 2010

Data variabel

Quick Ratio, Loan to Asset Ratio, Loan to Deposit Ratio, Capital

Adequacy Ratio

dua tahun setelah merger dan akuisisi (dalam persentase)

No

Perusahaan

Quick

Ratio

Loan to

Asset Ratio

LDR

CAR

Tahun

1 Bank Commonwealth

42.09

41.99

46.76

16.32 2009

2 Bank CIMB Niaga

19.47

69.86

68.54

13.24 2010

3 Bank UOB Indonesia

17.43

74.89

96.64

18.61 2012

4 Rabobank Indonesia

12.07

77.80

113.05

11.74 2010

5 Bank OCBC NISP

19.72

65.81

83.60

17.40 2012

6 Bank Windu Kentjana

International

(5)

7 Bank Victoria

21.12

36.87

50.43

16.92 2009

8 Bank SBI Indonesia

35.03

56.46

81.22

15.38 2011

Data variabel

Return On Asset, Return On Equity, Net Interest Margin, Net

Profit Margin

dua tahun setelah merger dan akuisisi (dalam persentase)

No

Perusahaan

ROA

ROE

NIM

NPM

Tahun

1 Bank Commonwealth

0.39

0.77

4.24

17.73 2009

2 Bank CIMB Niaga

2.75

23.88

6.46

76.00 2010

3 Bank UOB Indonesia

2.09

15.65

6.41

78.56 2012

4 Rabobank Indonesia

1.01

7.98

5.10

88.75 2010

5 Bank OCBC NISP

3.10

18.71

5.50

75.44 2012

6 Bank Windu Kentjana

International

1.00

6.03

4.48

74.36 2009

7 Bank Victoria

1.10

8.00

2.38

73.30 2009

(6)

Lampiran II

Hasil Statistik Deskriptif Dua Tahun Sebelum Merger dan Akuisisi

Descriptive Statistics

2 Tahun Sebelum

M&A

N Minimum Maximum Mean Std. Deviation

QuickRatio 8 14.92 87.92 44.1575 29.53114

LoanToAsset ₈ _17.72 _71.22 _46.6850 _18.97864

LDR 8 19.54 92.79 59.8463 23.67183

CAR ₈ _12.00 _67.90 _25.9725 _17.79077

ROA ₈ _.16 _2.71 _1.5013 _1.01136

ROE 8 1.44 32.00 11.4013 10.33324

NIM 8 1.68 6.21 4.6950 1.50284

NPM 8 41.37 74.23 64.6213 11.47034

Valid N (listwise) 8

Hasil Statistik Deskriptif Satu Tahun Sebelum Merger dan Akuisisi

1 Tahun Sebelum

M&A

QuickRatio ₈ _14.69 _58.33 _28.7688 _14.95987

LoanToAsset ₈ _35.85 _76.45 _54.6438 _17.68735

LDR ₈ _42.12 _116.62 _72.8975 _25.22465

CAR ₈ _15.43 _40.69 _25.4150 _9.01938

ROA ₈ _.02 _3.03 _1.6288 _1.11846

ROE ₈ _-1.83 _17.65 _9.2437 _7.40152

NIM ₈ _2.71 _5.85 _4.5250 _1.08517

NPM ₈ _22.22 _77.66 _59.6825 _21.53926

(7)

Hasil Statistik Deskriptif Satu Tahun Setelah Merger dan Akuisisi

Hasil Statistik Deskriptif Dua Tahun Setelah Merger dan Akuisisi

2 Tahun Setelah

M&A

QuickRatio ₈ _12.07 _42.09 _24.0125 _9.87710

LoanToAsset ₈ _36.87 _77.80 _60.0775 _14.88399

LDR ₈ _46.76 _113.05 _75.7563 _22.52470

CAR ₈ _11.74 _18.61 _15.9363 _2.37163

ROA ₈ _.39 _3.10 _1.6275 _.94333

ROE ₈ _.77 _23.88 _11.5675 _7.48455

NIM ₈ _2.38 _6.46 _4.8213 _1.35417

NPM ₈ _17.73 _88.75 _70.5838 _21.91098

Valid N (listwise) ₈

1 Tahun Setelah

M&A

QuickRatio ₈ _14.35 _50.28 _21.3150 _11.86209

LoanToAsset ₈ _37.74 _82.64 _62.7625 _15.87118

LDR ₈ _47.09 _114.78 _82.8650 _22.68128

CAR ₈ _10.98 _23.22 _16.1525 _3.95485

ROA ₈ _.25 _3.00 _1.4375 _.98121

ROE ₈ _.02 _18.51 _9.0225 _6.61001

NIM ₈ _2.61 _6.60 _4.8850 _1.22392

NPM ₈ _4.72 _79.96 _58.8325 _25.64947

(8)

Lampiran III

Hasil Uji Normalitas

Kolmogorov-Smirnov

sebelum Merger dan Akuisisi

Hasil Uji Normalitas

Kolmogorov-Smirnov

setelah Merger dan Akuisisi

One-Sample Kolmogorov-Smirnov Test

QuickRatio LoanToAsset LDR CAR ROA ROE NIM NPM

N 16 16 16 16 16 16 16 16

Normal

Parametersa,,b

Mean 36.4631 50.6644 66.3719 25.6937 1.5650 10.3225 4.6100 62.1519

Std. Deviation 23.97006 18.19264 24.57344 13.6290

6

1.03220 8.75415 1.26934 16.8644

1

Most Extreme

Differences

Absolute .259 .156 .138 .183 .152 .152 .157 .314

Positive .259 .156 .138 .183 .152 .149 .104 .179

Negative -.182 -.152 -.090 -.163 -.137 -.152 -.157 -.314

Kolmogorov-Smirnov Z 1.037 .623 .553 .733 .609 .609 .629 1.255

Asymp. Sig. (2-tailed) .232 .832 .920 .656 .853 .852 .824 .086

a. Test distribution is Normal.

b. Calculated from data.

One-Sample Kolmogorov-Smirnov Test

QuickRatio LoanToAsset LDR CAR ROA ROE NIM NPM

N 16 16 16 16 16 16 16 16

Normal

Parametersa,,b

Mean 22.6638 61.4200 79.3106 16.0444 1.5325 10.2950 4.8531 64.7081

Std. Deviation 10.63632 14.92834 22.14311 3.15220 .93498 6.94686 1.24736 23.83033

Most Extreme

Differences

Absolute .308 .178 .128 .093 .178 .129 .122 .291

Positive .308 .153 .128 .093 .178 .129 .089 .191

Negative -.160 -.178 -.116 -.070 -.100 -.092 -.122 -.291

Kolmogorov-Smirnov Z 1.231 .713 .514 .371 .713 .518 .488 1.164

Asymp. Sig. (2-tailed) .097 .690 .954 .999 .690 .951 .971 .133

a. Test distribution is Normal.

(9)

Lampiran IV

Hasil Uji Paired Sample T-test

Paired Samples Test

Interval of the

Difference

Pair 1 LDR2TahunSebelum -

LDR1TahunSetelah

-23.01875 17.92197 6.33637 -38.00189 -8.03561 -3.633 7 .008

LDR1TahunSetelah

-9.96750 13.03955 4.61018 -20.86883 .93383 -2.162 7 .067

LDR2TahunSetelah

-2.85875 13.05251 4.61476 -13.77092 8.05342 -.619 7 .555

LDR2TahunSetelah

Interval of the

Difference

Pair 1 QuickRatio2TahunSebelum -

QuickRatio1TahunSetelah

22.84250 26.06886 9.21673 1.04839 44.63661 2.478 7 .042

7.45375 17.44699 6.16844 -7.13230 22.03980 1.208 7 .266

4.75625 13.57204 4.79844 -6.59026 16.10276 .991 7 .355

(10)

Paired Differences

t df

Sig.

(2-tailed) 95% Confidence Interval

of the Difference

Mean

Std.

Deviation

Std. Error

Mean Lower Upper

Pair 1 CAR2TahunSebelum -

CAR1TahunSetelah

9.82000 19.43737 6.87215 -6.43005 26.07005 1.429 7 .196

CAR1TahunSetelah

9.26250 10.24351 3.62163 .69871 17.82629 2.558 7 .038

CAR2TahunSetelah

9.47875 8.35962 2.95557 2.48994 16.46756 3.207 7 .015

CAR2TahunSetelah

Interval of the

Difference

Pair 1 LoanToAsset2TahunSebelum

- LoanToAsset1TahunSetelah

-16.07750 14.79530 5.23093 -28.44668 -3.70832 -3.074 7 .018

-8.11875 11.87020 4.19675 -18.04248 1.80498 -1.935 7 .094

-5.43375 8.00172 2.82904 -12.12336 1.25586 -1.921 7 .096

(11)

Interval of the

Difference

Pair 1 ROA2TahunSebelum -

ROA1TahunSetelah

.06375 .37267 .13176 -.24781 .37531 .484 7 .643

ROA1TahunSetelah

.19125 .45508 .16090 -.18921 .57171 1.189 7 .273

ROA2TahunSetelah

.00125 .71645 .25330 -.59772 .60022 .005 7 .996

ROA2TahunSetelah

Interval of the

Difference

Pair 1 ROE2TahunSebelum -

ROE1TahunSetelah

2.37875 7.77751 2.74976 -4.12341 8.88091 .865 7 .416

ROE1TahunSetelah

.22125 2.41913 .85529 -1.80119 2.24369 .259 7 .803

ROE2TahunSetelah

-2.32375 5.44850 1.92633 -6.87881 2.23131 -1.206 7 .267

ROE2TahunSetelah

(12)

Paired Differences

t df

Sig.

(2-tailed) 95% Confidence Interval

of the Difference

Mean

Std.

Deviation

Std. Error

Mean Lower Upper

Pair 1 NIM2TahunSebelum -

NIM1TahunSetelah

-.19000 1.44090 .50944 -1.39462 1.01462 -.373 7 .720

NIM1TahunSetelah

-.36000 .75519 .26700 -.99136 .27136 -1.348 7 .220

NIM2TahunSetelah

-.29625 .57386 .20289 -.77601 .18351 -1.460 7 .188

NIM2TahunSetelah

Interval of the

Difference

Pair 1 NPM2TahunSebelum -

NPM1TahunSetelah

5.78875 19.05556 6.73716 -10.14210 21.71960 .859 7 .419

NPM1TahunSetelah

.85000 12.12704 4.28756 -9.28846 10.98846 .198 7 .848

NPM2TahunSetelah

-10.90125 15.62533 5.52439 -23.96435 2.16185 -1.973 7 .089

NPM2TahunSetelah