IV. HASIL PENELITIAN 4.1 Biaya Depresiasi
Tabel 4.1 Biaya Depresiasi
No Jenis Aset
Harga Awal Rp
Nilai Sisa Aset Rp
Usia Ekonomis
Biaya Depresiasi per Tahun Rp
Biaya Depresiasi per Bulan Rp
1 Bangunan Instalasi
Listrik dan Air 90.000.000 45.000.000 10 Tahun
4.500.000 375.000,00
2 Meja dan Kursi
4.000.000 2.000.000 10 Tahun 200.000
16.666,67 3
Kandang Baterai 35.000.000 17.500.000
4 Tahun 4.375.000
364.583,33 4
Kandang Volier 2.500.000
1.250.000 4 Tahun
312.500 26.041,67
5 Kandang Kecil
1.500.000 750.000
7 Tahun 107.142
8.928,57 6
Glodok 2.800.000
1.400.000 2 Tahun
700.000 58.333,33
7 Gayung
14.000 7.000
2 Tahun 3.500
291,67 8
Sapu 40.000
20.000 1 Tahun
20.000 1.666,67
9 Sekrup pembersih
12.000 6.000
4 Tahun 1.500
125,00 10
Jaring Penangkap 100.000
50.000 2 Tahun
25.000 2.083,33
Sumber : Hasil Pengolahan Data
4.2 Laporan Laba Rugi Tabel 4.2 Proyeksi Laporan Laba Rugi
Periode Bulan Laba Bersih
Periode Bulan Laba Bersih
1 Rp 27.837.642,76
19 Rp 21.446.055,26
2 Rp 20.297.642,76
20 Rp 23.332.055,26
3 Rp 16.857.642,76
21 Rp 27.748.055,26
4 Rp 16.437.642,76
22 Rp 32.739.055,26
5 Rp 13.297.642,76
23 Rp 41.375.555,26
6 Rp 12.177.642,76
24 Rp 40.582.055,26
7 Rp 10.307.642,76
25 Rp 28.721.642,76
8 Rp 10.307.642,76
26 Rp 35.845.642,76
9 Rp 9.037.642,76
27 Rp 40.083.642,76
10 Rp 7.787.642,76
28 Rp 46.752.642,76
11 Rp 8.137.642,76
29 Rp 55.046.642,76
12 Rp 8.257.642,76
30 Rp 60.545.642,76
13 Rp 11.027.055,26
31 Rp 70.230.642,76
14 Rp 11.452.555,26
32 Rp 79.564.642,76
15 Rp 10.958.055,26
33 Rp 87.884.642,76
16 Rp 13.281.055,26
34 Rp 96.425.642,76
17 Rp 14.741.555,26
35 Rp 107.605.642,76
18 Rp 17.030.055,26
36 Rp 115.951.642,76
Sumber : Hasil Pengolahan Data
4.3 Laporan Arus Kas Tabel 4.3 Proyeksi Arus Kas
No Keterangan
Tahun 1
2 3
1 Pendapatan
Penjualan Anakan Lovebird
Rp 331.050.000,00 Rp 513.578.500,00 Rp 1.320.995.000,00 2
Pengeluaran Biaya Operasional
Rp 62.460.000,00 Rp 68.706.000,00 Rp 74.952.000,00 Pengembalian
Pinjaman dan Bunga Rp 56.066.544,00 Rp 56.066.544,00 Rp 56.066.544,00
3 Pajak Penghasilan
25, 30, 30 Rp 82.762.500,00 Rp 154.073.550,00 Rp 396.298.500,00
Proceeds
Rp 129.760.956,00 Rp 234.732.406,00 Rp 793.677.956,00
Sumber : Hasil Pengolahan Data
4.4
Payback Period PP
Capital Outlay
= Rp 608.381.000,00
Proceed
tahun I = Rp 129.760.956,00 _ Sisa
= Rp 478.620.044,00 Nilai sisa dari perhitungan diatas adalah Rp 478.620.044,00 dan nilai
proceeds
tahun ke II adalah Rp 234.732.406,00. Karena nilai sisa lebih kecil dari nilai
proceeds
tahun ke III, maka perhitungan
payback period
-nya sebagai berikut : PP = Rp 478.620.044,00 x 12 Bulan = 24,48 24 Bulan 14 Hari
Rp 234.732.406,00
4.5
Net Present Value NPV
MARR
= Suku Bunga + Inflasi + Resiko = 12 + 10 + 2 = 24 per Tahun
Tabel 4.4
Net Present Value NPV
Perhitungan NPV
I = 0,01 1
I = 0,01 1
Bulan Cash Flow
PV Bulan
Cash Flow PV
- -
1 29.928.125,00 29.631.806,93
20 25.422.537,50
20.834.900,03 2
22.388.125,00 21.946.990,49 21
29.838.537,50 24.211.889,52
3 18.948.125,00 18.390.863,45
22 34.829.537,50
27.981.918,30 4
18.528.125,00 17.805.163,95 23
43.466.037,50 34.574.702,62
5 15.388.125,00 14.641.272,93
24 42.672.537,50
33.607.445,11 6
14.268.125,00 13.441.219,17 25
30.812.125,00 24.026.322,74
7 12.398.125,00 11.563.955,03
26 37.936.125,00
29.288.508,04 8
12.398.125,00 11.449.460,43 27
42.174.125,00 32.238.066,65
9 11.128.125,00 10.174.887,86
28 48.843.125,00
36.966.214,27 10
9.878.125,00 8.942.537,70
29 57.137.125,00
42.815.255,92 11
10.228.125,00 9.167.711,02
30 62.636.125,00
46.471.176,62 12
10.348.125,00 9.183.435,51
31 72.321.125,00
53.125.445,62 13
13.117.537,50 11.525.889,60 32
81.655.125,00 59.388.107,63
14 13.543.037,50 11.781.941,12
33 89.975.125,00
64.791.364,14 15
13.048.537,50 11.239.350,92 34
98.516.125,00 70.239.370,79
16 15.371.537,50 13.109.174,01
35 109.696.125,00
77.436.052,23 17
16.832.037,50 14.212.593,53 36
118.042.125,00 82.502.586,27
18 19.120.537,50 15.985.100,41
Total 1.034.174.812,11
19 23.536.537,50 19.482.131,55
NPV Total PV - Investasi 425.793.812,11
Sumber : Hasil Pengolahan Data
NPV 0, Proyek diterima NPV 0, Proyek ditolak
Tabel diatas menunjukkan aliran kas selama 36 bulan dengan bunga Bank sebesar 1 per bulan dan menunjukkan nilai NPV positif yaitu 425.793.812,11
lebih besar dari 0 nol.
4.6
Internal Rate of Return IRR
Tabel 4.5
Internal Rate of Return IRR
Perhitungan IRR
I = 0,033 3,30
I = 0,034 3,40
Bulan Cash F low
PV Bulan
Cash Flow PV
- -
- -
1 29.928.125,00
28.972.047,43 1
29.928.125,00 28.944.028,05
2 22.388.125,00
20.980.560,20 2
22.388.125,00 20.939.998,47
3 18.948.125,00
17.189.580,44 3
18.948.125,00 17.139.755,60
4 18.528.125,00
16.271.597,24 4
18.528.125,00 16.208.742,28
5 15.388.125,00
13.082.299,81 5
15.388.125,00 13.019.161,42
6 14.268.125,00
11.742.619,17 6
14.268.125,00 11.674.644,71
7 12.398.125,00
9.877.652,88 7
12.398.125,00 9.810.976,59
8 12.398.125,00
9.562.103,46 8
12.398.125,00 9.488.371,94
9 11.128.125,00
8.308.432,61 9
11.128.125,00 8.236.394,63
10 9.878.125,00
7.139.557,61 10
9.878.125,00 7.070.809,39
11 10.228.125,00
7.156.365,12 11
10.228.125,00 7.080.600,65
12 10.348.125,00
7.009.028,21 12
10.348.125,00 6.928.116,80
13 13.117.537,50
8.600.983,90 13
13.117.537,50 8.493.473,00
14 13.543.037,50
8.596.300,32 14
13.543.037,50 8.480.638,25
15 13.048.537,50
8.017.833,17 15
13.048.537,50 7.902.304,43
16 15.371.537,50
9.143.493,59 16
15.371.537,50 9.003.029,82
17 16.832.037,50
9.692.397,66 17
16.832.037,50 9.534.271,86
18 19.120.537,50
10.658.456,31 18
19.120.537,50 10.474.430,01
19 23.536.537,50
12.700.957,55 19
23.536.537,50 12.469.594,68
20 25.422.537,50
13.280.440,07 20
25.422.537,50 13.025.911,45
21 29.838.537,50
15.089.358,64 21
29.838.537,50 14.785.847,38
22 34.829.537,50
17.050.638,00 22
34.829.537,50 16.691.518,76
23 43.466.037,50
20.598.834,84 23
43.466.037,50 20.145.481,82
24 42.672.537,50
19.576.757,10 24
42.672.537,50 19.127.382,31
25 30.812.125,00
13.684.017,25 25
30.812.125,00 13.356.977,12
26 37.936.125,00
16.309.648,75 26
37.936.125,00 15.904.461,16
27 42.174.125,00
17.552.436,07 27
42.174.125,00 17.099.819,83
28 48.843.125,00
19.678.610,96 28
48.843.125,00 19.152.627,28
29 57.137.125,00
22.284.816,38 29
57.137.125,00 21.668.196,23
30 62.636.125,00
23.649.133,70 30
62.636.125,00 22.972.524,29
31 72.321.125,00
26.433.532,58 31
72.321.125,00 25.652.427,67
32 81.655.125,00
28.891.704,17 32
81.655.125,00 28.010.844,83
33 89.975.125,00
30.818.524,95 33
89.975.125,00 29.850.023,66
34 98.516.125,00
32.666.032,47 34
98.516.125,00 31.608.872,40
35 109.696.125,00
35.211.135,72 35
109.696.125,00 34.038.658,04
36 118.042.125,00
36.679.672,08 36
118.042.125,00 35.424.002,01
Total 614.157.560,41
Total 601.414.918,82
NPV + Total PV - Investasi
5.776.560,41 NPV - Total PV - Investasi -6.966.081,18
Sumber : Hasil Pengolahan Data
IRR 3,35
Tabel diatas menunjukkan bahwa nilai Total IRR adalah 3,35, maka usaha peternakan Tasya
Lovebird
dikatakan layak karena nilai Total IRR lebih besar dari nilai i positif dan nilai Total IRR suku Bunga
MARR
.
4.7
Profitability Index PI
Tabel 4.6
Profitability Index PI
Perhitungan Profitability Index
I = 10 0,10
Bulan Kas Masuk
PV Bulan
Kas Keluar PV
- -
- -
1 42.030.000,00
38.209.090,91 1
12.101.875,00 11.001.704,55
2 34.490.000,00
28.504.132,23 2
12.101.875,00 10.001.549,59
3 31.050.000,00
23.328.324,57 3
12.101.875,00 9.092.317,81
4 30.630.000,00
20.920.702,14 4
12.101.875,00 8.265.743,46
5 27.490.000,00
17.069.127,17 5
12.101.875,00 7.514.312,24
6 26.370.000,00
14.885.177,54 6
12.101.875,00 6.831.192,94
7 24.500.000,00
12.572.373,90 7
12.101.875,00 6.210.175,40
8 24.500.000,00
11.429.430,82 8
12.101.875,00 5.645.614,00
9 23.230.000,00
9.851.787,67 9
12.101.875,00 5.132.376,37
10 21.980.000,00
8.474.241,50 10
12.101.875,00 4.665.796,70
11 22.330.000,00
7.826.528,78 11
12.101.875,00 4.241.633,36
12 22.450.000,00
7.153.261,86 12
12.101.875,00 3.856.030,33
13 31.682.500,00
9.177.291,71 13
18.564.962,50 5.377.608,35
14 32.108.000,00
8.455.039,91 14
18.564.962,50 4.888.734,86
15 31.613.500,00
7.568.020,55 15
18.564.962,50 4.444.304,42
16 33.936.500,00
7.385.571,17 16
18.564.962,50 4.040.276,74
17 35.397.000,00
7.003.107,75 17
18.564.962,50 3.672.978,86
18 37.685.500,00
6.778.068,43 18
18.564.962,50 3.339.071,69
19 42.101.500,00
6.883.931,68 19
18.564.962,50 3.035.519,72
20 43.987.500,00
6.538.461,59 20
18.564.962,50 2.759.563,38
21 48.403.500,00
6.540.792,59 21
18.564.962,50 2.508.693,98
22 53.394.500,00
6.559.299,34 22
18.564.962,50 2.280.630,89
23 62.031.000,00
6.927.507,81 23
18.564.962,50 2.073.300,81
24 61.237.500,00
6.217.173,81 24
18.564.962,50 1.884.818,92
25 70.083.000,00
6.468.380,44 25
39.270.875,00 3.624.544,61
26 77.207.000,00
6.478.088,30 26
39.270.875,00 3.295.040,55
27 81.445.000,00
6.212.436,01 27
39.270.875,00 2.995.491,41
28 88.114.000,00
6.110.119,90 28
39.270.875,00 2.723.174,01
29 96.408.000,00
6.077.503,31 29
39.270.875,00 2.475.612,74
30 101.907.000,00
5.840.142,74 30
39.270.875,00 2.250.557,03
31 111.592.000,00
5.813.796,44 31
39.270.875,00 2.045.960,94
32 120.926.000,00
5.727.350,51 32
39.270.875,00 1.859.964,49
33 129.246.000,00
5.564.914,56 33
39.270.875,00 1.690.876,81
34 137.787.000,00
5.393.329,44 34
39.270.875,00 1.537.160,74
35 148.967.000,00
5.300.857,03 35
39.270.875,00 1.397.418,85
36 157.313.000,00
5.088.947,23 36
39.270.875,00 1.270.380,77
Total 356.334.311,30
Total 149.930.132,30
Sumber : Hasil Pengolahan Data
Profitability Index 2,38
Tabel diatas menunjukkan bahwa nilai
Profitability Index
adalah 2,38 maka usaha peternakan Tasya
Lovebird
dikatakan layak karena nilai
Profitability Index
lebih besar dari 1 satu. 4.8
Break Even Point BEP
Tabel 4.7
Break Even Point BEP
No Keterangan
Nilai No
Keterangan Nilai
1 Biaya Variabel VC
Rp 43.758.000,00 5
Harga Jual per Produk Rp 1.041.192,31
2 Biaya Tetap FC
Rp 162.360.000,00 6
Q BEP 158
3 Biaya Total TC
Rp 206.118.000,00 7
Rp BEP Rp 164.814.510,81
4 Biaya VariabelUnit
Rp 15.506,02 8
Tahun BEP 1,25
Sumber : Hasil Pengolahan Data
Berikut adalah gambar grafik BEP untuk peternakan Tasya
Lovebird
:
100 Harga Rp
200 50
150 Jumlah Ekor
VC + FC
Rp 43.758.000,00 Rp 206.118.000,00
TR Rp 164.814.510,81
BEP
Gambar 4.1
Break Even Point BEP
4.9 Analisis Model
Kategori