Pengaruh Rasio Keuangan Terhadap Pertumbuhan Laba Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia
DAFTAR LAMPIRAN
Lampiran 1. Data Penelitian
Nama
Perusahaan
(Kode Saham)
ANTM 2008
y(Pertumbu
han laba)
x1(Current
ratio)
x2(Debt x3(Inventor x4(Return
to Equity y Turnover on Equity)
Ratio)
0.26
4.99
16.97
-0.735
8.1
ANTM 2009
-0.5937
7.27
0.21
6.42
7.42
ANTM 2010
1.8987
3.88
0.27
4.72
17.6
ANTM 2011
0.1303
10.64
0.41
4.34
17.87
ADRO 2008
2.0883
1.17
1.41
43.16
6.33
ADRO 2009
1.9331
1.98
1.43
63.49
25.03
ADRO 2010
-0.4113
1.76
1.18
58.73
11.85
ADRO 2011
0.8215
1.67
1.32
48.82
22.61
BYAN 2008
-0.7313
0.56
2.38
6.6
1.04
BYAN 2009
0.9366
0.86
1.59
9.13
5.64
BYAN 2010
4.6431
1.01
1.76
10.78
18.57
BYAN 2011
1.3671
0.65
1.24
7.22
32.46
INCO 2008
-0.7237
4.76
0.21
5.5
23.63
INCO 2009
-0.489
7.42
0.29
4.39
10.78
INCO 2010
1.456
4.5
0.3
6.4
26.04
INCO 2011
-0.2219
4.36
0.37
4.46
18.87
ITMG 2008
2.928
1.53
0.63
23.25
39.08
ITMG 2009
0.3205
1.98
0.52
14.45
42.61
73
Universitas Sumatera Utara
ITMG 2010
-0.3924
1.83
0.53
15.97
26.23
ITMG 2011
1.6318
2.37
0.46
13.93
51.01
KKGI 2008
1.0671
2.37
0.82
5.73
32.69
KKGI 2009
-0.1254
2.06
0.81
5.78
21.22
KKGI 2010
3.9636
2.23
0.72
11.74
54.11
KKGI 2011
1.6749
2.82
0.49
18.23
68.51
MEDC 2008
3.4495
2.22
1.68
24.56
38.22
MEDC 2009
-0.8983
1.55
1.85
10.97
2.71
MEDC 2010
3.2696
2.04
1.73
18.81
10.75
MEDC 2011
-0.0072
1.61
2.02
17.58
10.19
PTBA 2008
1.4115
3.66
0.51
8.78
42.71
PTBA 2009
0.4743
4.91
0.4
10.01
47.48
PTBA 2010
-0.309
5.78
0.35
10.05
31.19
PTBA 2011
0.5614
4.63
0.41
8.22
37.79
PTRO 2008
-0.5584
1.22
1.52
44.52
2.51
PTRO 2009
-0.0944
1.43
1.34
29.16
1.99
PTRO 2010
10.3043
1.04
0.85
23.48
35.01
PTRO 2011
0.2844
1.6
1.41
22.07
33.06
74
Universitas Sumatera Utara
Lampiran 2. Analisis Deskriptif
Keterangan
Mean
Median
Maksimum
Minimum
Standard Deviasi
Pertumbuhan
laba
1.1201
0.5178
10.304
-0.8983
2.1369
Current
ratio
3.0408
2.0500
10.640
0.5600
2.3671
Debt to
equity ratio
Invenroty
Turnover
Return on
equity
0.9355
0.7650
2.3800
0.2100
0.6161
17.401
10.875
63.490
4.3400
15.744
24.771
23.120
68.510
1.0400
16.569
75
Universitas Sumatera Utara
Lampiran 3. Uji Normalitas
Keterangan
Pertumbuhan
laba
Current
ratio
Debt to
equity
ratio
Invenroty
Turnover
Return
on equity
Skewness
Kurtosis
Jarque-Berra
2.408037
10.56842
120.7133
1.469696
4.641108
16.99989
0.537169
2.053043
30.76397
1.597035
4.631077
19.29374
0.526775
2.746689
17.61202
76
Universitas Sumatera Utara
Lampiran 4. Uji Redundant Fixed Effect
Redundant Fixed Effects Tests
Pool: Untitled
Test cross-section fixed effects
Effects Test
Cross-section F
Cross-section Chi-square
Statistic
d.f.
Prob.
1.132093
11.952479
(8,23)
8
0.3796
0.078267
77
Universitas Sumatera Utara
Lampiran 5. Model Regresi FEM
PLA = -0.939025 - 0.3170510293*CRA - 2.632940191*DERA - 0.03487457326*ITA +
0.07501437789*ROEA
PLB = 2.481482 - 0.3170510293*CRB - 2.632940191*DERB - 0.03487457326*ITB +
0.07501437789*ROEB
PLC = 2.301598 - 0.3170510293*CRC - 2.632940191*DERC - 0.03487457326*ITC +
0.07501437789*ROEC
PLD = -2.159564- 0.3170510293*CRD - 2.632940191*DERD - 0.03487457326*ITD +
0.07501437789*ROED
PLE = -2.545529 - 0.3170510293*CRE - 2.632940191*DERE - 0.03487457326*ITE +
0.07501437789*ROEE
PLF = -1.979188 - 0.3170510293*CRF - 2.632940191*DERF - 0.03487457326*ITF +
0.07501437789*ROEF
PLG = 3.004127 - 0.3170510293*CRG - 2.632940191*DERG - 0.03487457326*ITG +
0.07501437789*ROEG
PLH = -2.819801 - 0.3170510293*CRH - 2.632940191*DERH - 0.03487457326*ITH +
0.07501437789*ROEH
PLI = 2.655900 - 0.3170510293*CRI - 2.632940191*DERI - 0.03487457326*ITI +
0.07501437789*ROEI
Catatan ;
PL A : Pertumbuhan laba perusahaan ANTM
PL B : Pertumbuhan laba perusahaan ADRO
PL C : Pertumbuhan laba perusahaan BYAN
PL D : Pertumbuhan laba perusahaan INCO
PL E : Pertumbuhan laba perusahaan ITMG
PL F : Pertumbuhan laba perusahaan KKGI
PL G : Pertumbuhan laba perusahaan MEDC
PL H : Pertumbuhan laba perusahaan PTBA
PL I : Pertumbuhan laba perusahaan PTRO
78
Universitas Sumatera Utara
Lampiran 6. Hasil Regresi Model FEM
Dependent Variable: PL?
Method: Pooled Least Squares
Date: 08/26/13 Time: 12:19
Sample: 2008 2011
Included observations: 4
Cross-sections included: 9
Total pool (balanced) observations: 36
White cross-section standard errors & covariance (d.f. corrected)
WARNING: estimated coefficient covariance matrix is of reduced rank
Variable
Coefficient
Std. Error
t-Statistic
Prob.
C
CR?
DER?
IT?
ROE?
Fixed Effects (Cross)
A--C
B--C
C--C
D--C
E--C
F--C
G--C
H--C
I--C
3.296114
-0.317051
-2.632940
-0.034875
0.075014
2.665945
0.151548
1.604635
0.069516
0.050994
1.236377
2.092078
-1.640834
-0.501678
2.741043
0.2288
0.0477
0.1144
0.6207
0.0145
-0.939025
2.481482
2.301598
-2.159564
-2.545529
-1.979188
3.004127
-2.819801
2.655900
Effects Specification
Cross-section fixed (dummy variables)
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)
0.448180
0.160274
1.958208
88.19533
-67.21042
6,226756
0.002972
Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat
1.120128
2.136929
4.456134
5.027961
4.655717
3.213838
79
Universitas Sumatera Utara
Catatan ;
A-C : Perusahaan ANTM
B-C: Perusahaan ADRO
C-C : Perusahaan BYAN
D-C : Perusahaan INCO
E-C : Perusahaan ITMG
F-C: Perusahaan KKGI
G-C : Perusahaan MEDC
H-C : Perusahaan PTBA
I-C : Perusahaan PTRO
80
Universitas Sumatera Utara
Lampiran 1. Data Penelitian
Nama
Perusahaan
(Kode Saham)
ANTM 2008
y(Pertumbu
han laba)
x1(Current
ratio)
x2(Debt x3(Inventor x4(Return
to Equity y Turnover on Equity)
Ratio)
0.26
4.99
16.97
-0.735
8.1
ANTM 2009
-0.5937
7.27
0.21
6.42
7.42
ANTM 2010
1.8987
3.88
0.27
4.72
17.6
ANTM 2011
0.1303
10.64
0.41
4.34
17.87
ADRO 2008
2.0883
1.17
1.41
43.16
6.33
ADRO 2009
1.9331
1.98
1.43
63.49
25.03
ADRO 2010
-0.4113
1.76
1.18
58.73
11.85
ADRO 2011
0.8215
1.67
1.32
48.82
22.61
BYAN 2008
-0.7313
0.56
2.38
6.6
1.04
BYAN 2009
0.9366
0.86
1.59
9.13
5.64
BYAN 2010
4.6431
1.01
1.76
10.78
18.57
BYAN 2011
1.3671
0.65
1.24
7.22
32.46
INCO 2008
-0.7237
4.76
0.21
5.5
23.63
INCO 2009
-0.489
7.42
0.29
4.39
10.78
INCO 2010
1.456
4.5
0.3
6.4
26.04
INCO 2011
-0.2219
4.36
0.37
4.46
18.87
ITMG 2008
2.928
1.53
0.63
23.25
39.08
ITMG 2009
0.3205
1.98
0.52
14.45
42.61
73
Universitas Sumatera Utara
ITMG 2010
-0.3924
1.83
0.53
15.97
26.23
ITMG 2011
1.6318
2.37
0.46
13.93
51.01
KKGI 2008
1.0671
2.37
0.82
5.73
32.69
KKGI 2009
-0.1254
2.06
0.81
5.78
21.22
KKGI 2010
3.9636
2.23
0.72
11.74
54.11
KKGI 2011
1.6749
2.82
0.49
18.23
68.51
MEDC 2008
3.4495
2.22
1.68
24.56
38.22
MEDC 2009
-0.8983
1.55
1.85
10.97
2.71
MEDC 2010
3.2696
2.04
1.73
18.81
10.75
MEDC 2011
-0.0072
1.61
2.02
17.58
10.19
PTBA 2008
1.4115
3.66
0.51
8.78
42.71
PTBA 2009
0.4743
4.91
0.4
10.01
47.48
PTBA 2010
-0.309
5.78
0.35
10.05
31.19
PTBA 2011
0.5614
4.63
0.41
8.22
37.79
PTRO 2008
-0.5584
1.22
1.52
44.52
2.51
PTRO 2009
-0.0944
1.43
1.34
29.16
1.99
PTRO 2010
10.3043
1.04
0.85
23.48
35.01
PTRO 2011
0.2844
1.6
1.41
22.07
33.06
74
Universitas Sumatera Utara
Lampiran 2. Analisis Deskriptif
Keterangan
Mean
Median
Maksimum
Minimum
Standard Deviasi
Pertumbuhan
laba
1.1201
0.5178
10.304
-0.8983
2.1369
Current
ratio
3.0408
2.0500
10.640
0.5600
2.3671
Debt to
equity ratio
Invenroty
Turnover
Return on
equity
0.9355
0.7650
2.3800
0.2100
0.6161
17.401
10.875
63.490
4.3400
15.744
24.771
23.120
68.510
1.0400
16.569
75
Universitas Sumatera Utara
Lampiran 3. Uji Normalitas
Keterangan
Pertumbuhan
laba
Current
ratio
Debt to
equity
ratio
Invenroty
Turnover
Return
on equity
Skewness
Kurtosis
Jarque-Berra
2.408037
10.56842
120.7133
1.469696
4.641108
16.99989
0.537169
2.053043
30.76397
1.597035
4.631077
19.29374
0.526775
2.746689
17.61202
76
Universitas Sumatera Utara
Lampiran 4. Uji Redundant Fixed Effect
Redundant Fixed Effects Tests
Pool: Untitled
Test cross-section fixed effects
Effects Test
Cross-section F
Cross-section Chi-square
Statistic
d.f.
Prob.
1.132093
11.952479
(8,23)
8
0.3796
0.078267
77
Universitas Sumatera Utara
Lampiran 5. Model Regresi FEM
PLA = -0.939025 - 0.3170510293*CRA - 2.632940191*DERA - 0.03487457326*ITA +
0.07501437789*ROEA
PLB = 2.481482 - 0.3170510293*CRB - 2.632940191*DERB - 0.03487457326*ITB +
0.07501437789*ROEB
PLC = 2.301598 - 0.3170510293*CRC - 2.632940191*DERC - 0.03487457326*ITC +
0.07501437789*ROEC
PLD = -2.159564- 0.3170510293*CRD - 2.632940191*DERD - 0.03487457326*ITD +
0.07501437789*ROED
PLE = -2.545529 - 0.3170510293*CRE - 2.632940191*DERE - 0.03487457326*ITE +
0.07501437789*ROEE
PLF = -1.979188 - 0.3170510293*CRF - 2.632940191*DERF - 0.03487457326*ITF +
0.07501437789*ROEF
PLG = 3.004127 - 0.3170510293*CRG - 2.632940191*DERG - 0.03487457326*ITG +
0.07501437789*ROEG
PLH = -2.819801 - 0.3170510293*CRH - 2.632940191*DERH - 0.03487457326*ITH +
0.07501437789*ROEH
PLI = 2.655900 - 0.3170510293*CRI - 2.632940191*DERI - 0.03487457326*ITI +
0.07501437789*ROEI
Catatan ;
PL A : Pertumbuhan laba perusahaan ANTM
PL B : Pertumbuhan laba perusahaan ADRO
PL C : Pertumbuhan laba perusahaan BYAN
PL D : Pertumbuhan laba perusahaan INCO
PL E : Pertumbuhan laba perusahaan ITMG
PL F : Pertumbuhan laba perusahaan KKGI
PL G : Pertumbuhan laba perusahaan MEDC
PL H : Pertumbuhan laba perusahaan PTBA
PL I : Pertumbuhan laba perusahaan PTRO
78
Universitas Sumatera Utara
Lampiran 6. Hasil Regresi Model FEM
Dependent Variable: PL?
Method: Pooled Least Squares
Date: 08/26/13 Time: 12:19
Sample: 2008 2011
Included observations: 4
Cross-sections included: 9
Total pool (balanced) observations: 36
White cross-section standard errors & covariance (d.f. corrected)
WARNING: estimated coefficient covariance matrix is of reduced rank
Variable
Coefficient
Std. Error
t-Statistic
Prob.
C
CR?
DER?
IT?
ROE?
Fixed Effects (Cross)
A--C
B--C
C--C
D--C
E--C
F--C
G--C
H--C
I--C
3.296114
-0.317051
-2.632940
-0.034875
0.075014
2.665945
0.151548
1.604635
0.069516
0.050994
1.236377
2.092078
-1.640834
-0.501678
2.741043
0.2288
0.0477
0.1144
0.6207
0.0145
-0.939025
2.481482
2.301598
-2.159564
-2.545529
-1.979188
3.004127
-2.819801
2.655900
Effects Specification
Cross-section fixed (dummy variables)
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)
0.448180
0.160274
1.958208
88.19533
-67.21042
6,226756
0.002972
Mean dependent var
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat
1.120128
2.136929
4.456134
5.027961
4.655717
3.213838
79
Universitas Sumatera Utara
Catatan ;
A-C : Perusahaan ANTM
B-C: Perusahaan ADRO
C-C : Perusahaan BYAN
D-C : Perusahaan INCO
E-C : Perusahaan ITMG
F-C: Perusahaan KKGI
G-C : Perusahaan MEDC
H-C : Perusahaan PTBA
I-C : Perusahaan PTRO
80
Universitas Sumatera Utara