analisislaporankeuangan-130624113958-phpapp02

8/17/2019 analisislaporankeuangan-130624113958-phpapp02

1/18

ANALISIS LAPORAN KEUANGAN

PT. ULTRAJAYA MILK INDUSTRY & TRADING COMPANY Tbk. Tahun

2012

De! Ma"a Sa#!

20100$201%

Ke'a( )

Jun! 201

JURUSAN AKUNTANSI

FAKULTAS EKONOMI

UNIVERSITAS MUHAMMADIYAH YOGYAKARTA

2013


2/18

KATA PENGANTAR

A'ha*+u'!''ah!#,bb!'a'a*!n- (ea'a /u! +an ("uku# /enu'!( /anakan keha+!#a A''ah

( ka#ena aa( be#ka #ah*a +an h!+a"ahN"a 'ah /enu'!( +a/a *en"e'e(a!kan *aka'ah !n!

+enan e/a aku. A+a/un uuan +a#! /e*buaan *aka'ah ana'!(!( 'a/,#an keuanan !n!

a+a'ah (ebaa! /e*enuhan ua( *aa ku'!ah- +an !*/'e*ena(! 'an(un +a#! /e*aha*an

ha(!' (u+! Ana'!(!( In3,#*a(! Keuanan "an +!/e#,'eh (e'a*a *en!ku! ku'!ah. Maka'ah !n!

+!ba! *ena+! e*/a ba!an bab. )ab /e#a*a enan +a(a# e,#! +an k,n+!(! '!nkunan

/e#u(ahaan. )ab ke+ua be#!(! enan ana'!(!( 3un+a*ena' 'a/,#an keuanan +an ana'!(!(

kebank#uan. )ab ke!a be#!(! ke(!*/u'an ana'!(!( 3un+a*ena' 'a/,#an keuanan +an

ana'!(!( kebank#uan. )ab e#akh!# a+a'ah #ek,*en+a(! +a#! /enu'!(.

Denan ke#en+ahan ha!- /enu'!( *en"a+a#! baha *aka'ah ana'!(!( !n! !+ak +a/a

(e'e(a! an/a a+an"a +ukunan +a#! be#baa! /!hak- ,'eh ka#ena !u /enu'!( *en"a*/a!kan

#a(a e#!*aka(!h ke/a+a4

1. Ibu Iee Na5a#u++!n- (e'aku D,(en *aa ku'!ah Ana'!(!( In3,#na(! Keuanan2. Te*ane*an "an (e'a'u *en(u//,# /enu'!( (eh!na +a/a *en"e'e(a!kan ana'!(!(

'a/,#an keuanan !n!.. Se#a (e*ua /!hak "an !+ak +a/a /enu'!( (ebukan (au /e# (au- e#!*aka(!h aa(

+ukunann"a.Akh!# kaa- /enu'!( *enu6a/kan e#!*aka(!h aa( /e#ha!an (e*ua /!hak. Se*,a

ka#"a ke6!' !n! "an +!(u(un +a'a* 'a/,#an ana'!(!(+a/a be#*akna /,(!!3 ba! /e*ba6a.

Y,"aka#a- 17 Jun! 201

Penu'!(

8De! Ma"a Sa#!9

BAB I


3/18

Dasar Teor !a" Ko"!s L"#$%"#a" Per%sa&aa"

A. Da(a# Te,#!

Ana'!(!( 'a/,#an keuanan a+a'ah (uau /#,(e( /ene'!!an 'a/,#an keuanan be(e#a

un(u#un(u#n"a "an be#uuan unuk *ene:a'ua(! +an *e*/#e+!k(! k,n+!(! keuanan

/e#u(ahaan aau ba+an u(aha +an ua *ene:a'ua(! ha(!'ha(!' "an e'ah +!6a/a!

/e#u(ahaan aau ba+an u(aha /a+a *a(a 'a'u +an (eka#an. Ana'!(!( 'a/,#an keuanan

+!'akukan /a+a +a(a#n"a unuk *eneahu! a/akah kea+aan keuanan- ha(!' u(aha ke*auan

keuanan /e#u(ahaan *e*ua(kan aau !+ak *e*ua(kan. Ana'!(!( +!'akukan +enan

*enuku# hubunan ana# un(u#un(u# 'a/,#an keuanan +an baa!*ana /e#ubahan un(u#

un(u# !u +a#! ahun ke ahun +an unuk *eneahu! a#ah /e#ke*banann"a.

Da'a* *enana'!(!( /,(!(! keuanan +an !nka /e#u*buhan /e#u(ahaan - 3ak,# "an

/a'!n +!/e#ha!kan a+a'ah 4

L!ku!+!a( "an *enunukan ke*a*/uan (uau /e#u(ahaan unuk *e*enuh! kea!ban

keuanann"a "an ha#u( (ee#a +!/enuh!- aau ke*a*/uan /e#u(ahaan unuk *e*enuh!

kea!ban /a+a (aa +!a!h. Kea!ban keuanan (uau /e#u(ahaan /a+a +a(a#n"a +a/a

+!,',nkan *ena+! 2 "a!u- /e#a*a kea!ban keuanan "an be#hubunan +enan

/!hak 'ua# /e#u(ahaan 8k#e+!u#9 +!(ebu +enan '!ku!+!a( ba+an u(aha- ke+ua kea!ban

keuanan "an be#hubunan +enan /#,(e( /#,+uk(! 8!ne#n /e#u(ahaan9 +!(ebu +enan

'!ku!+a(! /e#u(ahaan .

S,':ab!'!a( "an *enunukan ke*a*/uan /e#u(ahaan unuk *e*enuh! kea!ban

keuanann"a a/ab!'a /e#u(ahaan e#(ebu +!'!ku!+a(!kan ba!k kea!ban keuanan anka

/en+ek *au/un anka /anan.

Renab!'!a( aau /#,3!ab!'!" *enunukan ke*a*/uan /e#u(ahaan unuk *enha(!'kan

'aba (e'a*a /e#!,+e e#enu.


4/18

Sab!'!a( U(aha *enunukan ke*a*/uan /e#u(ahaan unuk *e'akukan u(ahan"a +enan

(ab!' "an +!uku# +enan *e*/e#!*bankan ke*a*/uan /e#u(ahaan unuk *e*ba"a#

beban buna aa( huann"a +an akh!#n"a *e*ba"a# ke*ba'! huan ; huan e#(ebu

e/a /a+a akun"a.

L!ku!+!a(- (,':ab!'!a(- #enab!'!a( (e#a (ab!'!a( +a/a +!keahu! +enan 6a#a *enana'!(a

+an *en!ne#/#ea(!kan 'a/,#an keuanan +enan *enunakan *e,+e aau ekn!k ana'!(a

"an e/aPe#(e#,an?9

+an (aa !n! e'ah *ena+! (a'ah (au /e#u(ahaan "an e#ke*uka +! b!+an !n+u(#! *akanan

& *!nu*an +! In+,ne(!a. Pa+a bu'an Ju'! 1%%0 Pe#(e#,an *e'akukan /enaa#an /e#+ana

(aha*(aha*n"a ke/a+a *a("a#aka 8In!!a' Pub'!6 Oe#!n @ IPO9.

Pe#(e#,an be#e#ak +a'a* b!+an !n+u(#! *akanan +an *!nu*an. D! b!+an *!nu*an

Pe#(e#,an *e*/#,+uk(! #u/a#u/a en!( *!nu*an (e/e#! *!nu*an (u(u 6a!#- *!nu*an eh-

*!nu*an #a+!(!,na' +an *!nu*an unuk ke(ehaan. P#,+uk *!nu*an !n! +!/#,+uk(! +enan

ekn,',! UT 8U'#a !h Te*/e#au#e9 "a!u /e*ana(an (a*/a! 1$0B C (e'a*a $ +e!k

(eh!na /#,+uk !u (e#!' an/a *e#u(ak aau *enu#an! kan+unan nu#!(!- +an ke*u+!an

+!ke*a( +a'a* ke*a(an ka#,n a(e/!k 8A(e/!6 Pa6ka!n Mae#!a'9 (eh!na b!(a ahan

'a*a an/a ha#u( *enunakan bahan /enae. D! b!+an *akanan Pe#(e#,an

*e*/#,+uk(! (u(u bubuk 8/,+e# *!'k9- +an (u(u kena' *an!( 8(eeene+ 6,n+en(e+ *!'k9.

Pe#(e#,an ua *e*/#,+uk(! k,n(en#a buahbuahan #,/!( 8#,/!6a' 3#u! u!6e 6,n6en#ae9.


5/18

)ahan baku (u(u *u#n! +!/a(,k ,'eh /a#a /ee#nak (a/! "an e#abun +a'a*

K,/e#a(! Pee#nak )an+un Se'aan 8KP)S9 ; Pana'enan +an K,/e#a(! Un! De(a 'a!nn"a.

Unuk *enaa ke'an(unan +an kee#au#an /a(,kan bahan baku !n! Pe#(e#,an *e*b!na

+an *e*e'!ha#a hubunan ke*!#aan "an (ana ba!k +enan /a#a /ee#nak ana#a 'a!n

+enan *e*be#!kan b!*b!nan +an /en"u'uhan ba!k (e! ekn!k- *anae*en- +an

/e#*,+a'an. )ahan ke*a(an a(e/!k 8a(e/!6 /a6ka!n *ae#!a'(9 unuk /#,+uk *!nu*an

UT *a(!h +!/e#,'eh (e6a#a !*/,#.

Pe#(e#,an *enua' ha(!' /#,+uk(!n"a ke (e'u#uh /e',(,k +! +a'a* *au/un 'ua# nee#!.

Penua'an 'an(un 8+!#e6 (e''!n9 +!'akukan ke ,k,,k,- k!,(k!,(- +an /a(a#/a(a#

#a+!(!,na' 'a!nn"a +! (e'u#uh Pu'au Jaa +enan *enunakan a#*a+a /enua'an *!'!k

Pe#(e#,an "an e#+a/a +! kan,#kan,# /e*a(a#an "an e#'eak +! bebe#a/a k,a be(a#

(e/e#! Jaka#a- )an+un- Se*a#an- Y,"aka#a- Su#aba"a- (e#a bebe#a/a k,a 'a!nn"a +!

Pu'au Jaa. Penua'an *e'a'u! /a(a#/a(a# *,+e#n 8*,+e#n #a+e9 +!'akukan ke (u/e#*a#ke-

h"/e#*a#ke- +an *!n! *a#ke "an e#(eba# +! (e'u#uh !'a"ah +! P.Jaa. Se+ankan

/enua'an !+ak 'an(un 8!n+!#e6 (e''!n9 +!'akukan ke /e'anan "an be#a+a +! 'ua# Pu'au

Jaa +an +!'akukan *e'a'u! aen aau +!(#!bu,# "an +!unuk "an e#(eba# +! (e'u#uh

!buk,a /#,/!n(! +! (e'u#uh !'a"ah In+,ne(!a. D!(a*/!n /enua'an +! +a'a* nee#!

Pe#(e#,an ua *e'akukan /enua'an ek(/,# ke bebe#a/a nea#a.

C. K,n+!(! Ek,n,*! Na(!,na'

Pe#ek,n,*!an In+,ne(!a /a+a ahun 2012 u*buh (ebe(a# =-2B +!ban+!n ahun

2011- +!*ana (e*ua (ek,# ek,n,*! *ena'a*! /e#u*buhan. Pe#u*buhan e#!n! e#a+!

/a+a Sek,# Penankuan +an K,*un!ka(! "an *en6a/a! %-%B- +!!ku! ,'eh Sek,#

Pe#+aanan- ,e'- +an Re(,#an -11B- Sek,# K,n(#uk(! 7-0B- Sek,# Keuanan- Rea'

E(a +an Ja(a Pe#u(ahaan 7-1B- Sek,# L!(#!k- Ga(- +an A!# )e#(!h =-$0B- Sek,# In+u(#!


6/18

Pen,'ahan -7B- Sek,# Ja(aJa(a -2$B- Sek,# Pe#an!an -%7B- +an Sek,#

Pe#a*banan +an Pena'!an 1-$%B. Pe#u*buhan PD) an/a *!a( /a+a ahun 2012

*en6a/a! =-1B "an be#a#! 'eb!h !n! +a#! /e#u*buhan PD).

Pe#u*buhan k,n+!(! ek,n,*! "an *en!nka !n! *e*be#!kan +a*/ak /,(!!3

e#ha+a/ PT U'#aa"a M!'k In+u(#" & T#a+!n C,*/an" Tbk. Ka#ena /e#u*buhan (ek,#

/e#an!an akan (ana be#/ena#uh e#ha+a/ ke!aan /#,+uk(! *en!na PT U'#aa"a M!'k

In+u(#" & T#a+!n C,*/an" Tbk a+a'ah /e#u(ahaan +! (ek,# *akanan +an *!nu*an.

T!nka !n3'a(! "an +a/a +!ken+a'!kan +! $- /e#(en +! *ana n!'a! !n! auh 'eb!h #en+ah

+a#! a(u*(! =- /e#(en. Ren+ahn"a 'au !n3'a(! !n! +!/ena#uh! ,'eh *e*ba!kn"a ek(/eka(!

!n3'a(! *a("a#aka- "an ua +!+ukun e#aan"a ke'an6a#an +an ke6uku/an /a(,kan ba#an

+an a(a- (e#a e#aan"a (ab!'!a( ha#a ba#anba#an (#ae!(.

Unuk #aa#aa (uku buna SPN bu'an *en6a/a! -2B "an 'eb!h #en+ah +a#! a(u*(!

(ebe(a# B. In! +a/a e#a+! ka#ena *a(!h !n!n"a /e#*!naan SPN +an #en+ahn"a ekanan

!n3'a(!. Se*ena#a !u- n!'a! uka# #u/!ah *en6a/a! R/%.$


7/18

Akunan(! Keuanan +! In+,ne(!a *enha#u(kan /enunaan e(!*a(! +an a(u*(!. a'

e#(ebu ua *enha#u(kan *anae*en unuk *e*bua /e#!*banan +a'a* /#,(e(

/ene#a/an keb!akan akunan(! /e#u(ahaan. A#ea "an k,*/'ek( aau *e*e#'ukan !nka

/e#!*banan "an 'eb!h !n! aau a#ea +! *ana a(u*(! +an e(!*a(! +a/a be#+a*/ak

(!n!3!kan e#ha+a/ 'a/,#an keuanan k,n(,'!+a(!an.Maa uan "an +!unakan +a'a* 'a/,#an keuanan k,n(,'!+a(!an !n! a+a'ah Ru/!ah

In+,ne(!a 8Ru/!ah9 "an *e#u/akan *aa uan 3un(!,na' G#u/.Keb!akan unuk /e#(e+!an- /e#(e+!aan +!aku! (ebe(a# n!'a! "an 'eb!h #en+ah ana#a

ha#a /e#,'ehan +an n!'a! #ea'!(a(! be#(!h. a#a /e#,'ehan +!enukan +enan

*enunakan *e,+e #aa#aa be#e#ak. Laba


8/18

*enu#an! u*'ah /!uan "an +!ha#a/kan +a/a +!e#!*a ,'eh /e#u(ahaan. Pen"!(!han

(/e(!3!k !n! +!e:a'ua(! ke*ba'! +an +!(e(ua!kan !ka a*bahan !n3,#*a(! "an +!e#!*a

*e*/ena#uh! u*'ah /en"!(!han ke#u!an /enu#unan n!'a! aa( /!uan u(aha.

• O/!n! Au+!,#

O/!n! au+!,# aa( 'a/,#an keuanan PT U'#aa"a M!'k In+u(#" & T#a+!n C,*/an" Tbk

/a+a akh!# ahun 2012 a+a'ah Faa# Tan/a Pene6ua'!an. a' !n! *enunukkan baha

'a/,#an keuanan "an +!bua ,'eh /e#u(ahaan !+ak e#+a/a (a'ah (a! *ae#!a'.

Seh!na- +enan be!u /a#a /enuna 'a/,#an keuanan akan 'eb!h *e*/e#6a"a!

!n3,#*a(! "an +!(a*/a!kan e#(ebu +an +a/a *ena*b!' ke/uu(an unuk *enana*kan

*,+a' aau/un *e*be#! /!na*an ke/a+a /e#u(ahaan e#(ebu.

BAB II

A"a'ss F%"!a(e")a' La*ora" Ke%a"#a" !a" A"a'ss Ke+a"#$r%)a"

• Ana'!(!( L!ku!+!a(- S,':ab!'!a(- Ak!:!a( +an P#,3!ab!'!a(

1. Ra(!, L!ku!+!a(

Rasio Lacar= Aktiva Lancar

Hutang Lancar=

1.196 .426.603.843

592.822.529.143=2,018


9/18

Ra(!, e#(ebu b!(a +!!ne#/#ea(!kan (ebaa! be#!ku4 a#!n"a- (e!a/ R/. 1 huan +!a*!n

,'eh R/. 2-01 ak!:a 'an6a#. Ra(!, 'an6a# unuk /e#u(ahaan "an n,#*a' be#k!(a# /a+a

anka 2- *e(k!/un !+ak a+a (an+a# "an /a(! unuk /enenuan #a(!, 'an6a# "an

(eha#u(n"a. Da'a* ha' !n!- unuk PT U'#aa"a #a(!, 'an6a#n"a e#*a(uk n,#*a'. Ra(!,

'an6a# "an #en+ah *enunukkan #!(!k, '!ku!+!a( "an !n!- (e+ankan #a(!, 'an6a#

"an !n! *enunukkan a+an"a ke'eb!han ak!:a 'an6a#- "an be#/ena#uh !+ak ba!k

e#ha+a/ /#,3!ab!'!a( /e#u(ahaan. Ak!:a 'an6a# (e6a#a u*u* *enha(!'kan #eu#n "an

'eb!h #en+ah +!ban+!nkan +enan ak!:a ea/.

RasioQuick = Aktiva Lancar− Persediaan

Hutang Lancar =

1.196 .426.603.843−334.169.035934

592.822.529.143=1,454

Anka +!aa( +a/a +!!ne#/#ea(!kan (ebaa! be#!ku (e!a/ R/. 1 huan +!a*!n ,'eh

R/. 1-$$ ak!:a 'an6a# +!'ua# /e#(e+!aan. Anka "an e#'a'u !n! *enunukkan

!n+!ka(! ke'eb!han ak!:a 'an6a#- (e+ankan anka "an e#'a'u #en+ah *enunukkan

!nka '!ku!+!a( "an 'eb!h !n!.

2. Ra(!, S,':ab!'!a(

Rasiototal hutangterhadapTotal as et =Totalhutang

Total aktiva =

744.274 .268.607

2.420.793 .382.029=0,3075

Ra(!, !n! *enh!un (ebe#a/a auh +ana +!(e+!akan ,'eh k#e+!u#. Ra(!, "an !n!

be#a#! /e#u(ahaan *enunakan 'e:e#ae keuanan 83!nan6!a' 'e:e#ae9 "an !n!.

Penunaan 3!nan6!a' 'a:e#ae "an !n! akan *en!nkakan #enab!'!a( *,+a' (aha*

+enan 6e/a- +an be!u/un (eba'!kn"a. PT U'#aa"a M!'k In+u(#" *enunakan +ana

+a#! k#e+!u# 0B +a#! ,a' +anan"a- "an be#a#! !+ak be!u be(a#. Ra(!, !n! ua

*en!ne#/#ea(!kan (e!a/ R/.0-07 huan /e#u(ahaan +!a*!n ,'eh R/.1 a(e

/e#u(ahaan.


10/18

. Ra(!, Ak!:!a(

Perputaran piutang= Penjualan

Piutang =

2.809 .851.307.439

297.400.522.080=9,44 kali

Rata−rataumur puitang=365 / Perputaran piutang=365/9,44=38,6hari

Da#! /e#h!unan e#(ebu- /!uan be#/ua# %-$$ ka'! +a'a* (eahun +an +!/e#'ukan

aku -= ha#! +a#! /!uan *ena+! ka(. Unuk *e'!ha ba!k !+akn"a anka e#(ebu-

/e#u(ahaan b!(a *e*ban+!nkan +enan !n+u(#" aau +enan keb!akan +! /e#u(ahaan.

Anka #aa#aa /!uan "an e#'a'u #en+ah b!(a a+! *en!n+!ka(!kan keb!akan /!uan

e#'a'u kea +an ha' !n! b!(a *enu#unkan /enua'an +a#! "an (eha#u(n"a b!(a

+!*an3aakan. Na*un- b!'a e#'a'u !n! ua *enunukkan ke*unk!nan !+ak

ke*ba'!n"a /!uan "an 'eb!h !n!.

Perputaran persediaan= HargaPokok Penjualan Persediaan

=1.908 .109.047.237334.169.035934

=5,7kali

Rata−rataumur persediaan=365 / Perputaran persediaan=365/5,7=63,9hari

Da'a* (au ahun /e#(e+!aan be#/ua# -7 ka'! +an ka'ua 'a*an"a u*u# /e#(e+!aan =-%

ha#!. Pe#/ua#an /e#(e+!aan "an !n! *enan+akan (e*ak!n !n!n"a /e#(e+!aan.

Seba'!kn"a- /e#/ua#an "an #en+ah *en!n+!ka(!kan ku#ann"a /enen+a'!an

/e#(e+!aan "an e3ek!3.

Perputarantotal aktiva= Penjualan

Total Aktiva=

2.809 .851.307.439

2.420 .793.382.029=1,16


11/18

Ra(!, !n! *enh!un e3ek!:!a( /enunaan /enunaan ,a' ak!:a. Ra(!, "an !n!

b!a(an"a *enunukkan *anae*en "an ba!k- (eba'!kn"a #a(!, "an #en+ah *enunukkan

baha *anae*en ha#u( *ene:a'u(! (#ae!- /e*a(a#an- +an /ene'ua#an *,+a'n"a.

$. Ra(!, P#,3!ab!'!a(

Profit margin= Laba Bersih

Penjualan =

353.431.619 .485

2.809.851 .307.439=0,1258 atau12,58

P#,3! *a#!n *enh!un (eauh *ana ke*a*/uan /e#u(ahaan *enha(!'kan 'aba

be#(!h /a+a !nka /enua'an e#enu. P#,3! *a#!n "an !n! *enan+akan

ke*a*/uan /e#u(ahaan *enha(!'kan 'aba "an !n! /a+a !nka /enua'an e#enu.

Se6a#a u*u* #a(!, "an #en+ah b!(a *enunukkan ke!+ak e3!(!enan *anae*en.

ROA= Laba bersih

Totalaktiva=

353.431.619 .485

2.420 .793.382.029=0,1460atau14,6

Ra(!, !n! *enuku# ke*a*/uan /e#u(ahaan *enha(!'kan 'aba be#(!h be#+a(a#kan

!nka a(e e#enu. Ra(!, "an !n! *enunukkan e3!(!en(! *anae*en a(e- "an

be#a#! *anae*en be#a'an +enan e3!(!en.

• Ana'!(!( Pa(a#

PER=

Harga saham per lembar

Earning per lembar =

1.080

122=

8,85kali

PER *e'!ha ha#a (aha* #e'a!3 e#ha+a/ 'aban"a. Pe#u(ahaan "an be#/#,(/ek ba!k

a+a'ah /e#u(ahaan "an *e*!'!k! PER "an !n!. Na*un- ba! !n:e(,# PER "an

!n! !+ak e#'a'u *ena#!k ka#ena ke*unk!nan 6a/!a' a!n "an +!/e#,'eh akan 'eb!h

ke6!'.

eviden !ield=

eviden per lembar

Harga saham per lemb ar=

10

1.080=0,009

=0,9


12/18

Rasio pemba!araneviden= eviden per lembar

Earning per lembar =

10

122=0,08=8

De:!+en "!e'+ *e#/akan (eba!an +a#! ,a' #eu#n "an akan +!/e#,'eh !n:e(,#. )!a(an"a

/e#u(ahaan "an *e*/un"a! /#,(/ek /e#u*buhan "an !n! akan *e*!'!k! +e:!+en

"!e'+ "an #en+ah- ka#ena +e:!+en (eba!an be(a# akan +!!n:e(a(!kan ke*ba'!. Sa*a

ha'n"a +enan +e:!+en+ "!e'+- /e#u(ahaan "an !nka /e#u*buhann"a !n! ua

*e*!'!k! #a(!, /e*ba"a#an +e:!+en "an #en+ah.

• Ana'!(!( Ca(h3',

"ash flo# i$uidit!=

%et "&&O

"urrent liabilities=

491.603.153.597

592.822.529.143=0,82 kali

Ra(!, !n! *enunukkan /e#ban+!nan ana#a ka( be#(!h +a#! ak!:!a( ,/e#a(! +enan

u*'ah huan anka /en+ek. Gunan"a unuk *e*/#e+!k(! ke*a*/uan /e#u(ahaan

+a'a* anka /en+ek unuk *e*enuh! kea!bann"a "an auh e*/, +a'a* /e#!,+e

be#a'an "an +!n"aakan +a'a* u*'ah e#enu. I+ea'n"a n!'a! e#(ebu ha#u( 1 aa#

/e#u(ahaan *a*/u *e*enuh! kea!ban anka /en+ek n"a.

• Ana'!(!( Kebank#uan

' 1= (odal kerja

Totalaktiva =

603.604.074.700

2.420 .793.382.029=0,25

' 2=

Laba ditahan

Total aktiva =

1.004.984 .228.158

2.420 .793.382.029=0,41

' 3= EB)T

Total Aktiva=

457.970.115.184

2.420.793 .382.029=0,19

' 4= (odal sendiri

Total hutang =

577.676.400.000

744.274.268.607=0,77


13/18

' 5= Penjualan

Total Aktiva=

2.809.851 .307.439

2.420.793 .382.029=1,16

* =1,2 ( ' 1 )+1,4 ( ' 2 )+3,3 ( ' 3 )+0,6 ( ' 4 )+1,0 ( ' 5 )

¿1,2 (0,25 )+1,4 (0,41 )+3,3 (0,19 )+0,6 (0,77 )+1,0 (1,16 )

¿0,312+0,574+0,627+0,462+1,16

¿3,135 8P#e+!k(! Kebank#uan9

Ana'!(a Kebank#uan H- a+a'ah (uau a'a "an +!unakan unuk *e#a*a'kan !nka

kebank#uan (uau /e#u(ahaan +enan *enh!un n!'a! +a#! bebe#a/a #a(!, 'a'u

ke*u+!an +!*a(ukan +a'a* (uau /e#(a*aan +!(k#!*!nan- *aka be#+a(a#kan ana'!(a !n!

a/ab!'a n!'a! H 1-0 be#!(!k, !n! e#ha+a/ kebank#uan- b!'a n!'a! H +!ana#a 1-1

−¿ -00 +!kaakan *a(!h *e*!'!k! #e(!k, kebank#uan- b!'a H -00 a*an +a#!

kebank#uan. N!'a! H +a#! PT U'#aa"a M!'k In+u(#" -1 *aka b!(a +!kaakan

baha PT U'#aa"a M!'k In+u(#" a*an +a#! kebank#uan aau/un ke(u'!an keuanan.

• La/,#an Laba #u! PT U'#aa"a M!'k In+u(#"

Tahun 2012 Tahun 2011 Tahun 2010

Penua'an 2.0%.1.07.$% 2.102..7$1.2 1.0.$11.$7.%1=

)eban /,k,k

/enua'an 1.%0.10%.0$7.27 1.$7=.=77.$.1$

1.2.1=7.1%.%$$


14/18

Laba k,,# %01.7$2.2=0.202 =2.70=.27.71 %2.2$.%.%72

)!a"a /enua'an-a+*!n!(#a(! u*u*+an 'a!n'a!n

$72.$00.7=0.2$ $%.0=1.$.7= $0=.2=.=7.11

Laba U(aha $2%.$1.$%%.7 1=.=$$.$.$2 1.$17.0=.%

Pen+a/aan La!n'a!n 2.=2.=1.0= 20.17.$.0= 17.0=.$$.

Laba (ebe'u* /aak $7.%70.11.1$ 1=.17.%0=.$2 202.%2.$1.=%7

Paak /enha(!'an 10$..$%.=%% 2.=.=2.7= 7.21.%%.0

Laba be#(!h .$1.=1%.$ 12.$$%.$$.02 107.%..1%

• Ana'!(!( C,**,n S!5e La/,#an Laba Ru! PT U'#aa"a M!'k In+u(#"

Tahun 2012 Tahun 2011 Tahun 2010

Penua'an 100 100 100

)eban /,k,k /enua'an =7-% 70-2 =-

Laba k,,# 2-1 2%- 1-

)!a"a /enua'an- a+*!n!(#a(!u*u* +an 'a!n'a!n

1=- 2-2 21-=

Laba (ebe'u* /aak 1- =-= %-%

Paak /enha(!'an -7 1.

Laba be#(!h 11-= - $-

T#en+ "an +!ha(!'kan +a#! ahun 2010 ke ahun 2012 a+a'ah *en!nka.

Ana'!(!( C,**,n (!5e PT U'#aa"a M!'k In+u(#" *enunukkan baha /e#(ena(e 'aba

+a#! ahun ke ahun e#u( *en!nka. a' !n! *en!n+!ka(! baha #en+ beban *ena'a*!

/enu#unan a'au/un /a+a ahun 2011 *en!nka na*un- /a+a ahun 2012 ke*ba'! u#un

(eh!na !+ak *en"ebabkan /enu#unan /e#(ena(e 'aba ahun be#a'an.

BAB III

Kes(*%'a" A"a'ss F%"!a(e")a' !a" A"a'ss Ke+a"#$r%)a"


15/18

A. A(/ek Reu#nD!'!ha +a#! (e! a(/ek #eu#n- PT U'#aa"a M!'k In+u(#" *e*!'!k! #a(!, /#,3!ab!'!a(

"an ba!k 8/#,3! *a#!n 12-B +an ROA 1$-=B9. D!*ana ke*a*/uan /e#u(ahaan

*enha(!'kan 'aba ba!k be#+a(a#kan !nka /enua'an e#enu *au/un be#+a(a#kan

!nka a(e e#enu 6uku/ ba!k. a' !n! *enunukkan baha *anae*en /e#u(ahaan

be#a'an +enan e3!(!en. Na*un- !ka +!'!ha +a#! /e#/ua#an /!uan 8%-$$ ka'!


16/18

ke(!*/u'ann"a #a(!, 'an6a# PT U'#aa"a M!'k In+u(#" e#*a(uk n,#*a'. Da/a

+!kaakan baha PT U'#aa"a M!'k In+u(#" !+ak *enunukkan a+an"a ke'eb!han ak!:a

'an6a#. a' !n! ba!k ka#ena ak!:a 'an6a# "an be#'eb!h akan be#/ena#uh !+ak ba!k

e#ha+a/ /#,3!ab!'!a( /e#u(ahaan. Da#! /e#h!unan ana'!(!( a#u( ka(- +!/e#,'eh 6a(h

3', '!u!+!" (ebe(a# 0-2 ka'!. ka#ena !+ea'n"a n!'a! e#(ebu a+a'ah 1- +an 6a(h 3',

'!u!+!" PT U'#aa"a *en+eka! 1 +a/a +!kaakan /e#u(ahaan *a*/u *e*enuh!

kea!ban "an auh e*/, +a'a* /e#!,+e e#enu. (e+ankan +!'!ha +a#! /#e+!k(!

kebank#uan- ka#ena n!'a! H PT U'#aa"a (ebe(a# -1 -00 *aka PT U'#aa"a a*an

+a#! kebank#uan. Denan be!u +a/a +!(!*/u'kan baha PT U'#aa"a be#/#,(/ek

ba!k +a'a* anka /en+ekn"a.

• Re(!k, Janka Panan

Ra(!, (,':ab!'!a( "an !n! *enunukkan +ana "an +!(e+!akan ,'eh k#e+!u# ua

!n!. PT U'#aa"a *e*!'!k! #a(!, (,':ab!'!a( (ebe(a# 0-07 aau 0B *enunakan

+ana +a#! k#e+!u#. Maka +a/a +!(!*/u'kan baha /enunaan 3!nan6!a' 'e:e#ae PT

U'#aa"a M!'k In+u(#" !+ak e#'a'u be(a# "an be#a#! /e#u(ahaan 6uku/ *an+!#!

+enan *,+a' (en+!#!. Denan be!u unuk #e(!k, anka /anann"a !+ak e#'a'u

*enkhaa!#kan ka#ena /e#u(ahaan +a/a e#u( be#a'an *e(k!/un +ana ,'eh k#e+!u#

!+ak be(a#.

BAB IV

Re$o(e"!as

• Manae*en


17/18

Da#! ha(!' /e#h!unan #a(!, ak!:!a( *enunukkan baha u*u# /!uan +an /e#/ua#an

/e#(e+!aan e#b!'an #en+ah. ha' !n! *en!n+!ka(!kan b!(a a+! keb!akan /!uan +an

/enen+a'!an /e#(e+!aan ku#an ba!k. ,'eh ka#ena !u *anae*en ha#u( 'eb!h b!ak +a'a*

*e*bua keb!akan /!uan +an *enen+a'!kan /e#(e+!aan aa# /e#u(ahaan +a/a

*enha(!'kan 'aba (e6a#a *ak(!*a'.

• In:e(,#

Da#! a(/ek #eu#n +a/a e#'!ha baha /e#u(ahaan *enha(!'kan /#,3! *a#!n +an ROA

"an 6uku/ ba!k- ha' !n! *enunukkan ke*a*/uan /e#u(ahaan *enha(!'kan 'aba ua

ba!k. )e!u/un +a#! /e#h!unan PER "an *e*unk!nkan ha#a (aha* akan e#u( na!k

+an 6a/!a' a!n "an akan +!/e#,'eh !n:e(,# ua b!(a 'eb!h be(a#. *aka +a#! !u- /a#a

!n:e(,# +a/a *ena*b!' ke/uu(an unuk *e*be'! (aha* PT U'#aa"a M!'k In+u(#".

• K#e+!u#

PT U'#aa"a M!'k In+u(#" !+ak e#'a'u ban"ak *enunakan +ana +a#! k#e+!u#- ha' !n!

*en!n+!ka(!kan baha /e#u(ahaan b!(a *an+!#!. Denan be!u- (eha#u(n"a /a#a

k#e+!u# +a/a *e*/e#6a"akan +anan"a ke/a+a /e#u(ahaan +an !+ak /e#'u khaa!#

/e#u(ahaan nan!n"a !+ak *a*/u *e*ba"a# huan.

DAFTAR PUSTAKA

8n.+.9. Re#!e:e+ Jun! 1- 201- 3#,* Maa'ah Pen+!+!kan4h/4


18/18

!+a"a- R. I. 8n.+.9. Analisa Kebangkrutan Z-score. Re#!e:e+ Jun! 1- 201

La!3ah- N. 8200%9. Pengukuran Kinerja Perusahaan dengan Metode Analisa. ,ku(Ek,n,*! ,'$ N,2- $=%.

Na!n,'an- A. 8n.+.9. Analisa Laporan Keuangan. Pu(a Pene*banan bahan aa#UM).

Nu#a!n!- A. 8n.+.9. Analisis Laporan Keuangan. Re#!e:e+ un! 1- 201- 3#,*h/4

analisislaporankeuangan-130624113958-phpapp02

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