BIAYA VARIABEL KESIMPULAN DAN SARAN A.

Lampiran 15. Proyeksi arus kas. Komponen Tahun 0 Tahun 1 Tahun 2 Tahun 3 Tahun 4 Tahun 5 Tahun 6 Tahun 7 Tahun 8 Tahun 9 Tahun 10 80 90 100 100 100 100 100 100 100 100 Penerimaan Bersih Laba bersih - 212,710,439 235,677,589 258,644,740 265,229,652 271,814,564 275,444,740 279,074,915 279,074,915 279,074,915 279,074,915 Penyusutan - 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 37,911,700 Nilai sisa - - - - - - - - - - 227,556,500 Modal sendiri 300,000,000 - - - - - - - - - Modal pinjaman 259,298,250 - - - - - - - - - Subtotal 559,298,250 250,622,139 273,589,289 296,556,440 303,141,352 309,726,264 313,356,440 316,986,615 316,986,615 316,986,615 544,543,115 Pengeluaran Bersih Investasi + bunga sebelum pembangunan 607,298,250 - - - - - - - - - - Modal kerja - 140,701,750 - - - - - - - - - Angsuran modal investasi tetap 43,216,375 43,216,375 43,216,375 43,216,375 43,216,375 43,216,375 - - - - Angsuran modal kerja 35,175,438 35,175,438 35,175,438 35,175,438 Subtotal 607,298,250 219,093,563 78,391,813 78,391,813 78,391,813 43,216,375 43,216,375 - - - - Arus Kas Bersih 48,000,000 31,528,576 195,197,477 218,164,627 224,749,539 266,509,889 270,140,065 316,986,615 316,986,615 316,986,615 544,543,115 Kas Awal Tahun - 48,000,000 16,471,424 178,726,053 396,890,680 621,640,219 888,150,108 1,158,290,172 1,475,276,787 1,792,263,402 2,109,250,017 Lampiran 16. Proyeksi kelayakan investasi. Tahun Bt-Ct Akumulasi DF 12 PV 607,298,250 607,298,250 1 607,298,250 1 31,528,576 575,769,674 0.89 28,150,514 2 195,197,477 380,572,198 0.80 155,610,233 3 218,164,627 162,407,571 0.71 155,285,272 4 224,749,539 62,341,969 0.64 142,832,395 5 266,509,889 328,851,858 0.57 151,224,868 6 270,140,065 598,991,922 0.51 136,861,364 7 316,986,615 915,978,537 0.45 143,388,647 8 316,986,615 1,232,965,152 0.40 128,025,577 9 316,986,615 1,549,951,767 0.36 114,308,551 10 544,543,115 2,094,494,882 0.32 175,328,309 NPV 723,717,481 Kriteria Nilai NPV 723,717,481 IRR 30 Net BC 2.19 PBP Tahun 3.8 Lampiran 17. Analisis sensitivitas I pengurangan kapasitas produksi. Biaya Investasi NO. KOMPONEN JUMLAH SATUAN HARGA SATUAN Rp Nilai total Rp NILAI SISA 1 BIAYA PRA INVESTASI a. Perizinan 1 Paket 20,000,000 20,000,000 - b. Studi kelayakan 1 Paket 15,000,000 15,000,000 - TOTAL 1 35,000,000 - 2 TANAH DAN BANGUNAN Tanah 558 m 2 100,000 55,800,000 55,800,000 Bangunan 358 m 2 235,000,000 117,500,000 TOTAL 2 290,800,000 173,300,000 3 FASILITAS PENUNJANG a. Instalasi telepon 1 Paket 500,000 500,000 - b. instalasi listrik 1 Paket 4,000,000 4,000,000 - c. Instalasi mesin 1 Paket 4,000,000 4,000,000 - d. Instalasi air 1 Paket 800,000 800,000 - TOTAL 3 9,300,000 - 4 MESIN, PERALATAN DAN KENDARAAN

4.1. Mesin produksi

a. Hammer mills 1 Unit 27,520,000 27,520,000 2,752,000 b. Mesin penjahit karung 1 Unit 475,000 475,000 47,500 c. Chain saw 3 Unit 3,800,000 11,400,000 1,140,000 d. Oven mini lab 1 Unit 500,000 500,000 50,000

4.2. Perlengkapan utilitas

a. Tangki bahan bakar 1 Unit 150,000 150,000 15,000 b. Tabung pemadam kebakaran 1 Unit 400,000 400,000 40,000

4.3. Kendaraan

b. Mobil kantor 1 Unit 55,000,000 55,000,000 11,000,000

4.4. Peralatan mini lab 1

Paket 300,000 300,000 30,000 TOTAL 4 95,745,000 15,074,500 5 Alat kantor a. Komputer 3 Unit 4,000,000 12,000,000 1,200,000 b. Meja kursi kantor 3 Unit 500,000 1,500,000 150,000 c. Pesawat telepon 1 Unit 300,000 300,000 30,000 e. Peralatan kantor 1 Paket 500,000 500,000 50,000 TOTAL 5 14,300,000 1,430,000 TOTAL 1,2,3,4,5 Modal tetap 445,145,000 189,804,500 Kontingensi 5 22,257,250 Bunga selama pembangunan 36,000,000 TOTAL INVESTASI 503,402,250 Biaya Operasional NO. Komponen Tahun 1 Tahun 2 Tahun 3 Tahun 4 Tahun 5 Tahun 6 Tahun 7 Tahun 8 Tahun 9 Tahun 10 80 90 100 100 100 100 100 100 100 100 1 BIAYA TETAP Biaya Produksi Tetap 51,168,000 57,564,000 63,960,000 63,960,000 63,960,000 63,960,000 63,960,000 63,960,000 63,960,000 63,960,000 Biaya Pemasaran Tetap 67,200,000 75,600,000 84,000,000 84,000,000 84,000,000 84,000,000 84,000,000 84,000,000 84,000,000 84,000,000 Biaya Administrasi Umum 122,936,000 138,303,000 153,670,000 153,670,000 153,670,000 153,670,000 153,670,000 153,670,000 153,670,000 153,670,000 Biaya Pemeliharaan 1,603,380 1,803,803 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 Biaya Asuransi 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 2,004,225 Biaya Penyusutan 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 30,458,100 BUNGA a. Modal investasi tetap 20,088,270 16,740,225 13,392,180 10,044,135 6,696,090 3,348,045 - - - - b. Modal kerja 15,911,730 11,933,798 7,955,865 3,977,933 - - - - - - TOTAL BIAYA TETAP 311,369,705 334,407,150 357,444,595 350,118,618 342,792,640 339,444,595 336,096,550 336,096,550 336,096,550 336,096,550 2 BIAYA VARIABEL Biaya Pengemasan 2,048,000 2,304,000 2,560,000 2,560,000 2,560,000 2,560,000 2,560,000 2,560,000 2,560,000 2,560,000 Biaya Gaji Tenaga Kerja Langsung 56,640,000 63,720,000 70,800,000 70,800,000 70,800,000 70,800,000 70,800,000 70,800,000 70,800,000 70,800,000 Biaya sewa 11,520,000 12,960,000 14,400,000 14,400,000 14,400,000 14,400,000 14,400,000 14,400,000 14,400,000 14,400,000 Biaya Utilitas 29,111,040 32,749,920 36,388,800 36,388,800 36,388,800 36,388,800 36,388,800 36,388,800 36,388,800 36,388,800 TOTAL BIAYA VARIABLE 99,319,040 111,733,920 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 TOTAL BIAYA 410,688,745 446,141,070 481,593,395 474,267,418 466,941,440 463,593,395 460,245,350 460,245,350 460,245,350 460,245,350 Proyeksi Laba Rugi Komponen Tahun 1 Tahun 2 Tahun 3 Tahun 4 Tahun 5 Tahun 6 Tahun 7 Tahun 8 Tahun 9 Tahun 10 80 90 100 100 100 100 100 100 100 100 PENJUALAN BERSIH 410,688,000 462,024,000 513,360,000 513,360,000 513,360,000 513,360,000 513,360,000 513,360,000 513,360,000 513,360,000 PENDAPATAN LAIN BIAYA PENEBANGAN 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 180,000,000 PENGELUARAN A. BIAYA TETAP 311,369,705 334,407,150 357,444,595 350,118,618 342,792,640 339,444,595 336,096,550 336,096,550 336,096,550 336,096,550

B. BIAYA VARIABEL

99,319,040 111,733,920 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 124,148,800 TOTAL PENGELUARAN 410,688,745 446,141,070 481,593,395 474,267,418 466,941,440 463,593,395 460,245,350 460,245,350 460,245,350 460,245,350 LABA KOTOR LABA SEBELUM PAJAK 179,999,255 195,882,930 211,766,605 219,092,583 226,418,560 229,766,605 233,114,650 233,114,650 233,114,650 233,114,650 PAJAK 30 36,499,777 41,264,879 46,029,982 48,227,775 50,425,568 51,429,982 52,434,395 52,434,395 52,434,395 52,434,395 LABA BERSIH 143,499,479 154,618,051 165,736,624 170,864,808 175,992,992 178,336,624 180,680,255 180,680,255 180,680,255 180,680,255 Kriteria Kelayakan Tahun Bt-Ct Akumulasi DF 12 PV 503,402,250 503,402,250 1 503,402,250 1 19,689,984 523,092,234 0.89 17,580,343 2 124,026,339 399,065,896 0.80 98,873,038 3 135,144,911 263,920,985 0.71 96,193,478 4 140,273,095 123,647,889 0.64 89,146,088 5 178,550,717 54,902,828 0.57 101,314,472 6 180,894,349 235,797,176 0.51 91,646,707 7 211,138,355 446,935,531 0.45 95,508,269 8 211,138,355 658,073,886 0.40 85,275,240 9 211,138,355 869,212,241 0.36 76,138,607 10 400,942,855 1,270,155,096 0.32 129,092,869 NPV 342,206,175 Kriteria Nilai NPV 342,206,175 IRR 22 Net BC 1.68 PBP Tahun 4.7