analisis finansial investasi karet-latihan

Biaya Pembangunan Karet Tahun ke-0 (P0) per Ha

NO. Uraian Norma Satuan

A. Tenaga Kerja 64 Pembersihana lahan 4 HOK 30,000.00 Pengolahan lahan 4 HOK 30,000.00 Mengajir/melubang 20 HOK 30,000.00 Pengendalian hama penyakit 4 HOK 30,000.00 Pemupukan dasar 2 HOK 30,000.00 Penanaman 15 HOK 30,000.00 Penyiangan 10 HOK 30,000.00 Pemupukan 5 HOK 30,000.00

B. Bahan-bahanHerbisida 5 Liter 40,000.00 Biofungsida 25 kg 10,000.00 Bibit 575 batang 2,500.00 Rockphosphate 100 Kg 1,500.00 Bahan bakar pompa air 10 Liter 4,200.00

C. PeralatanHandsprayer 0.5 Unit 250,000.00 Mesin pompa air + selang 0.5 Unit 3,000,000.00

D. Kontingensi (10%)Total

496 207,500

3,720,000

ENTRES 800016

RotasiSetahun

Harga/Satuan(Rp/satuan)

1,920,000 120,000.00 120,000.00 600,000.00 120,000.00

60,000.00 450,000.00 300,000.00 150,000.00

2,079,500.00 200,000.00 250,000.00 10000

1,437,500.00 150,000.00

42,000.00 1,625,000.00

125,000.00 1,500,000.00

562,450.00 6,186,950.00

25 4 525 12500 BB 74.4 75

50000 15 HA/TH

12800029.0625

Total Biaya(Rp/th)

Biaya Pemeliharaan Tahun ke-1 (P1)


A. Tenaga kerja 26 780,000.00 Pemupukan 16 HOK 30,000.00 480,000.00 Pengendalian hama penyakit 4 HOK 30,000.00 120,000.00 Penyiangan 6 HOK 30,000.00 180,000.00

B. Bahan-bahan 662,700.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 75 kg 1,400.00 105,000.00 KCl 25 kg 2,900.00 72,500.00 Kieserit 38 kg 2,900.00 110,200.00 Fungisida/biopestisida 10 kg 10,000.00 100,000.00 Insektisida 5 kg 15,000.00 75,000.00

C. Kontingensi (10%) 144,270.00 Total 1,586,970.00


Total Biaya(Rp/th)

377,500.00

1442700




B. Bahan-bahan 741,000.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 75 kg 1,400.00 105,000.00 KCl 40 kg 2,900.00 116,000.00 Kieserit 50 kg 2,900.00 145,000.00 Fungisida/biopestisida 10 kg 10,000.00 100,000.00 Insektisida 5 kg 15,000.00 75,000.00



Total Biaya(Rp/th)




B. Bahan-bahan 892,500.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 90 kg 1,400.00 126,000.00 KCl 40 kg 2,900.00 116,000.00 Kieserit 95 kg 2,900.00 275,500.00 Fungisida/biopestisida 10 kg 10,000.00 100,000.00 Insektisida 5 kg 15,000.00 75,000.00 Herbisida 3 liter 40,000.00 120,000.00



Total Biaya(Rp/th)



A. Tenaga kerja 10 300,000.00 Penyiangan 3 HOK 30,000.00 90,000.00 Pemupukan 4 HOK 30,000.00 120,000.00 Pengendalian hama penyakit 3 HOK 30,000.00 90,000.00

B. Bahan-bahan 910,500.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 100 kg 1,400.00 140,000.00 KCl 50 kg 2,900.00 145,000.00 Kieserit 45 kg 2,900.00 130,500.00 Fungisida/biopestisida 10 kg 10,000.00 100,000.00 Herbisida 3 liter 40,000.00 120,000.00 Insektisida 5 kg 15,000.00 75,000.00

C. Kontingensi 121,050.00 Total 1,331,550.00


Total Biaya(Rp/th)

Biaya Pemeliharaan Tanaman Karet menghasilkan tahun 5 per Ha (P5)


A. Tenaga kerja 16 360,000.00 Penyiangan 4 HOK 30,000.00 120,000.00 Pemupukan 5 HOK 30,000.00 150,000.00 Pengendalian hama penyakit 4 HOK 30,000.00 120,000.00 Persiapan penyadapan 3 HOK 30,000.00 90,000.00

B. Bahan-bahan 800,500.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 125 kg 1,400.00 175,000.00 KCl 50 kg 2,900.00 145,000.00 Kieserit 45 kg 2,900.00 130,500.00 Fungisida/biopestisida 5 kg 10,000.00 50,000.00 Formid acid 5 liter 20,000.00 100,000.00

C. Peralatan 1,024,600.00 Mangkok Lateks 500 unit 1,000 500,000.00Talang Sadap 500 unit 750 375,000.00Kawat Hanger 4 kg 150 600.00Tali Palstik 250 meter 150 37,500.00Ember Pungut 20 liter 1 unit 10,000 10,000.00Ember Setoran Down Ward 40 liter 1 unit 15,000 15,000.00Pisau Sadap Tarik 1 unit 25,000 25,000.00Batu Asahan 1 unit 1,500 1,500.00Bak Pembeku 3 unit 20,000 60,000.00

D. Kontingensi (10%) 218,510.00Total 2,403,610.00


Total Biaya(Rp/th)

Biaya Pemeliharaan dan Panen Tanaman Karet menghasilkan tahun 6 per Ha (P6)

Uraian Norma Satuan

A. Tenaga kerja 160 4,800,000.00 Pengendalian gulma 4 HOK 30,000.00 120,000.00 Pemupukan 4 HOK 30,000.00 120,000.00 Pengendalian hama penyakit 2 HOK 30,000.00 60,000.00 Penyadapan 150 HOK 30,000.00 4,500,000.00

B. Bahan-bahan 850,500.00 Pupuk SP-36 100 kg 2,000.00 200,000.00 Urea 125 kg 1,400.00 175,000.00 KCl 50 kg 2,900.00 145,000.00 Kieserit 45 kg 2,900.00 130,500.00 Formid acid 10 liter 20,000.00 200,000.00

D. Kontingensi (10%) 565,050.00 Total 6,215,550.00


Total Biaya(Rp/th)

Tabel: Analisis Finansial usahatani karet per hektar

No. Komponen biaya dan manfaatSatuan Nilai

0 1 2 3 4 5I. Biaya Investasi

A. Tanaman1. Tenaga Kerja 64 26 15 21 10 16 Land clearing HOK 30,000 8 Mengajir/melubang HOK 30,000 20 Pengendalian hama penyakit HOK 30,000 4 4 5 8 3 4 Penanaman HOK 30,000 15 Penyiangan HOK 30,000 10 6 6 3 3 4 Pemupukan HOK 30,000 7 16 4 10 4 5 Persiapan sada/penyadapan HOK 30,000 32. Bahan Herbisida liter 40,000 5 3 3 Fungisida/Biofungsida kg 10,000 25 10 10 10 10 5 Bibit batang 2,500 575 Rockphosphate kg 1,500 100 Isektisida kg 15,000 5 5 5 5 Pupuk SP36 kg 2,000 100 100 100 100 100 Urea kg 1,400 75 75 90 100 125 KCl kg 2,900 25 40 40 50 50 Kieserit kg 2,900 38 50 95 45 45 Formid acid liter 20,000 53. Peralatan Handsprayer unit 250,000 0.5 Mangkok Lateks unit 1,000 500 Talang Sadap unit 750 500 Kawat Hanger kg 150 4 Tali Palstik meter 150 250 Ember Pungut 20 liter unit 10,000 1 Ember Setoran Down Ward 40 liter unit 15,000 1 Pisau Sadap Tarik unit 25,000 1 Batu Asahan unit 1,500 1 Bak Pembeku unit 20,000 3

B. Non Tanaman1. Bangunan2. Jalan3. Jembatan4. Sertifikasi lahan

II. Biaya Operasional1. Tenaga Kerja Penyiangan 30,000 Pemupukan 30,000 Penyadapan 30,0002. Bahan Pupuk SP36 2,000 Urea 1,400 KCl 2,900 Kieserit 2,900 Formid acid 20,0003. Biaya kotingensi (10%)

Produksi 1,642

6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

160

2

44

150

100125504510

500 500 500500 500 500

4 4 4250 250 250

1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1

158 158 158 158 158 158 158 158 158 158 158 158 158 1584 4 4 4 4 4 4 4 4 4 4 4 4 44 4 4 4 4 4 4 4 4 4 4 4 4 4

150 150 150 150 150 150 150 150 150 150 150 150 150 150

100 100 100 100 100 100 100 100 100 100 100 100 100 100125 125 125 125 125 125 125 125 125 125 125 125 125 12550 50 50 50 50 50 50 50 50 50 50 50 50 5045 45 45 45 45 45 45 45 45 45 45 45 45 4510 10 10 10 10 10 10 10 10 10 10 10 10 10

2,552 3,524 3,596 3,641 3,925 4,305 4,819 3,808 3,808 3,808 3,808 3,808 3,357 3,357 3,357

21 22 23 24 25

312 280,800 20 klp = mandor52 1,123,200,000 3 pengurus 500000

18,720,000 3 pengawas

1 1 1 1 11 1 1 1 11 1 1 1 1

158 158 158 158 158 30024 4 4 4 44 4 4 4 4

150 150 150 150 150

100 100 100 100 100125 125 125 125 12550 50 50 50 5045 45 45 45 4510 10 10 10 10

3,357 3,357 3,357 3,357 3,158

Analisis Kelayakan Finansial Investasi Usahatani Karet per 1 ha55,060,000

No. Komponen biaya dan manfaatTahun

0 1 2 3 4 5 6 7 8 9

I. Biaya Pra Investasi 61,178 0 0 0 0 0 0 0 0 0

A. Block design 61,178

II. Biaya InvestasiA. Tanaman 6,186,950 1,586,970 1,310,100 1,575,750 1,331,550 2,403,610 0 0 0 0 1. Tenaga Kerja 1,920,000 780,000 450,000 540,000 300,000 360,000 2. Bahan 2,079,500 662,700 741,000 892,500 910,500 800,500 3. Peralatan 1,625,000 - - - - 1,024,600 4. Kontingensi 562,450 144,270 119,100 143,250 121,050 218,510

B. Non Tanaman 100,000 1. Bangunan 100,000 2. Jalan & jembatan - Biaya Investasi Total 6,248,128 1,586,970 1,310,100 1,575,750 1,331,550 2,503,610 0 0 0 0 C. Management Fee (5%) 312,406 79,349 65,505 78,788 66,578 125,181D.. Premi Asuransi (1,5%) 93,722 23,805 19,652 23,636 19,973 37,554

III. Biaya Investasi Bersih 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345 0 0 0 0

IV. Biaya Operasional 0 0 0 0 0 0 10,925,633 10,965,107 11,026,281 10,772,455 1. Tenaga Kerja 4,800,000 4,800,000 4,800,000 4,800,000 2. Bahan 850,500 850,500 850,500 850,500 3. Peralatan 50,000 50,000 50,000 50,000 4. Pembayaran pinjaman 4,650,433 4,371,407 4,092,381 3,813,3555. Management fee (5%) 574,700 893,200 1,233,400 1,258,600

V. Biaya Total (III+IV) 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345 10,925,633 10,965,107 11,026,281 10,772,455

VI. Penerimaan 11,494,000 17,864,000 24,668,000 25,172,000Produksi (slab KKK 45%) 1,642 2,552 3,524 3,596Harga (Rp/kg) 7,000 7,000 7,000 7,000

VII. Pendapatan (VI-V) -6,654,256 -1,690,123 -1,395,257 -1,678,174 -1,418,101 -2,666,345 568,367 6,898,893 13,641,719 14,399,545df = 15% 1.0000 0.8696 0.7561 0.6575 0.5718 0.4972 0.4323 0.3759 0.3269 0.2843PVB 245,721 2,593,549 4,459,502 4,093,249PVC 6,654,256 1,469,672 1,055,014 1,103,426 810,804 1,325,645 4,723,453 4,122,190 3,604,511 3,062,204PVCI 7,319,682 2,253,133 1,356,440 1,331,720 1,007,686 1,545,834

NPV (df 15%) Rp25,403,851 IRR 28.70%PP (tahun)ROI Gross B/C 0.96

Net B/C 0.96

15,502,255 280024.262310045.0957 158276.7269 140299.32

14,394,930 1439493 1439493

Tahun10 11 12 13 14 15 16 17 18 19 20 21 22 23

0 0 0 0 0 0 0 0 0 0 0 0 0 0

913,100 0 0 0 0 913,100 0 0 0 0 913,100 0 0 0

913,100 913,100 913,100

913,100 0 0 0 0 913,100 0 0 0 0 913,100 0 0 0

913,100 0 0 0 0 913,100 0 0 0 0 913,100 0 0 0

10,509,179 ### 10,183,527 ### 9,451,525 9,172,499 7,033,300 7,033,300 7,033,300 6,875,450 6,875,450 6,875,450 6,875,450 6,875,450 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000

850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000

3,534,329 3,255,303 2,976,277 2,697,251 2,418,225 2,139,1991,274,350 1,373,750 1,506,750 1,686,650 1,332,800 1,332,800 1,332,800 1,332,800 1,332,800 1,174,950 1,174,950 1,174,950 1,174,950 1,174,950

11,422,279 ### 10,183,527 ### 9,451,525 ### 7,033,300 7,033,300 7,033,300 6,875,450 7,788,550 6,875,450 6,875,450 6,875,450

25,487,000 27,475,000 30,135,000 33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,0003,641 3,925 4,305 4,819 3,808 3,808 3,808 3,808 3,808 3,357 3,357 3,357 3,357 3,3577,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

14,064,721 17,145,447 19,951,473 23,648,599 17,204,475 16,570,401 19,622,700 19,622,700 19,622,700 16,623,550 15,710,450 16,623,550 16,623,550 16,623,5500.2472 0.2149 0.1869 0.1625 0.1413 0.1229 0.1069 0.0929 0.0808 0.0703 0.0611 0.0531 0.0462 0.0402

3,476,584 3,685,298 3,729,073 3,843,558 2,431,485 2,036,411 2,096,975 1,823,457 1,585,615 1,168,059 959,913 883,220 768,018 667,8422,823,413 2,220,267 1,903,374 1,638,997 1,335,771 1,239,465 751,612 653,576 568,327 483,106 475,883 365,297 317,650 276,217

Tahun24 25

0 0

0 0

0 0

0 0 18,241,555

6,875,450 6,875,450 4,800,000 4,800,000 96,000,000

850,500 850,500 17,010,000 50,000 50,000 1,000,000

33,948,159 1,174,950 1,174,950 24,690,050 6,875,450 6,875,450 190,889,764

23,499,000 23,499,000 24,690,0503,357 3,357 3,5277,000 7,000 294 19.5952778

16,623,550 16,623,550 11,650,432 302,911,236 318,413,4910.0349 0.0304 0 1,712

580,732 504,984 41,633,246 41,633,246240,189 208,860 43,433,177

14,814,496

63%

Laporan Rugi Laba

No. KomponenTahun ke-

0 1 2 3 4 5 6 7 8 9 101. PENERIMAAN - 9,400,000 6,000,000 - - - 11,494,000 17,864,000 24,668,000 25,172,000 25,487,000

a. Penjualan karet - - - - - - 11,494,000 17,864,000 24,668,000 25,172,000 25,487,000b. Penjualan padi 3,400,000 c. Penjualan jagung 6,000,000 6,000,000

2. PENGELUARAN - 2,785,000 1,760,000 - - - 6,275,200 6,593,700 6,933,900 6,959,100 6,974,850 a. Tenaga kerja - - - - - - 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 b. Bahan - - - - - - 850,500 850,500 850,500 850,500 850,500 c. Peralatan sadap - - - - - - 50,000 50,000 50,000 50,000 50,000 d. Manajemen fee - - - - - - 574,700 893,200 1,233,400 1,258,600 1,274,350 e. Budidaya padi dan jagung 2,785,000 1,760,000

3. KEUNTUNGAN USAHA BRUTO - 6,615,000 4,240,000 - - - 5,218,800 11,270,300 17,734,100 18,212,900 18,512,150 4. PENYUSUTAN 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,5985. KOMPONEN BUNGA PINJAMAN - - - - - - 2,790,260 2,511,234 2,232,208 1,953,182 1,674,1567. KEUNTUNGAN USAHA -701,598 5,913,402 3,538,402 -701,598 -701,598 -701,598 1,726,942 8,057,468 14,800,294 15,558,120 16,136,396

Tahun ke-11 12 13 14 15 16 17 18 19 20 21 22 23 24

27,475,000 30,135,000 33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,000 27,475,000 30,135,000 33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,000

7,074,250 7,207,250 7,387,150 7,033,300 7,033,300 7,033,300 7,033,300 7,033,300 6,875,450 6,875,450 6,875,450 6,875,450 6,875,450 6,875,450 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000 4,800,000

850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 850,500 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000

1,373,750 1,506,750 1,686,650 1,332,800 1,332,800 1,332,800 1,332,800 1,332,800 1,174,950 1,174,950 1,174,950 1,174,950 1,174,950 1,174,950

20,400,750 22,927,750 26,345,850 19,622,700 19,622,700 19,622,700 19,622,700 19,622,700 16,623,550 16,623,550 16,623,550 16,623,550 16,623,550 16,623,550 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598 701,598

1,395,130 1,116,104 837,078 558,052 279,026 - - - - - - - - - 18,304,022 21,110,048 24,807,174 18,363,050 18,642,076 18,921,102 18,921,102 18,921,102 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952

Tahun ke-25

23,499,000 23,499,000

6,875,450 4,800,000

850,500 50,000

1,174,950

16,623,550 701,598

- 15,921,952

Analisis Aliran Kas

No. Komponentahun ke-

0 1 2 3 4 5 6 7 8 9 10A. Sumber Dana

1. Modal Sendiri/Pemerintah2. Pinjaman 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345 3. Keuntungan Usaha -701,598 5,913,402 3,538,402 -701,598 -701,598 -701,598 1,726,942 8,057,468 14,800,294 15,558,120 16,136,3964. Nilai Sisa asetTotal Sumber Dana 5,952,658 7,603,525 4,933,658 976,575 716,502 1,964,746 1,726,942 8,057,468 14,800,294 15,558,120 16,136,396

B. Penggunaan Dana1. Investasi 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345 0 0 0 0 913,100 2. Pembayaran bunga 2,790,260 2,511,234 2,232,208 1,953,182 1,674,1563. Pelunasan pokok pinjaman 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173Total Penggunaan Dana 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345 4,650,433 4,371,407 4,092,381 3,813,355 4,447,429

C. Saldo -701,598 5,913,402 3,538,402 -701,598 -701,598 -701,598 -2,923,491 3,686,061 10,707,913 11,744,765 11,688,967D. Akumulasi -701,598 5,211,803 8,750,205 8,048,607 7,347,009 6,645,410 3,721,920 7,407,981 18,115,894 29,860,659 41,549,627

tahun ke-11 12 13 14 15 16 17 18 19 20 21 22 23 24

18,304,022 21,110,048 24,807,174 18,363,050 18,642,076 18,921,102 18,921,102 18,921,102 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952

18,304,022 21,110,048 24,807,174 18,363,050 18,642,076 18,921,102 18,921,102 18,921,102 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952 15,921,952

0 0 0 0 913,100 0 0 0 0 913,100 0 0 0 0 1,395,130 1,116,104 837,078 558,052 279,0261,860,173 1,860,173 1,860,173 1,860,173 1,860,173

3,255,303 2,976,277 2,697,251 2,418,225 3,052,299 0 0 0 0 913,100 0 0 0 0 15,048,719 18,133,771 22,109,923 15,944,825 15,589,777 18,921,102 18,921,102 18,921,102 15,921,952 15,008,852 15,921,952 15,921,952 15,921,952 15,921,95256,598,346 74,732,116 96,842,039 112,786,864 128,376,641 147,297,743 166,218,844 185,139,946 201,061,898 216,070,749 231,992,701 247,914,653 263,836,605 279,758,556

tahun ke-25

15,921,952

15,921,952

0

0 15,921,952

295,680,508

Per haTahun ke 0 1 2 3 4 5Investasi 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2,666,345

Bunga 10% 10% 10% 10% 10% 10%

IDC665,426 169,012 139,526 167,817 141,810 266,634

731,968 259,110 179,389 202,538 176,245

Total pinjaman 7,319,682 2,591,104 1,793,893 2,025,380 1,762,449 3,109,224

0.15 tahun tanam ke-5 6 7 8 9 10 11

10 1 2 3 4 5 6Sisa pinjaman 18,601,731 16,741,558 14,881,385 13,021,212 11,161,039 9,300,865

Angsuran 4,650,433 4,371,407 4,092,381 3,813,355 3,534,329 3,255,303Bunga 2,790,260 2,511,234 2,232,208 1,953,182 1,674,156 1,395,130Pokok 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173

5 1 2 3 4 5Sisa pinjaman 18,601,731 14,881,385 11,161,039 7,440,692 3,720,346

Angsuran 6,510,606 5,952,554 5,394,502 4,836,450 4,278,398Bunga 2,790,260 2,232,208 1,674,156 1,116,104 558,052Pokok 3,720,346 3,720,346 3,720,346 3,720,346 3,720,346

Cash flow totalSisa pinjaman 25,014,716 20,011,773 15,008,830 10,005,887 5,002,943

Angsuran 8,755,151 8,004,709 7,254,268 6,503,826 5,753,385Bunga 3,752,207 3,001,766 2,251,324 1,500,883 750,441Pokok 5,002,943 5,002,943 5,002,943 5,002,943 5,002,943

Total6 Tahun

15,502,255 Investasi 6,654,256 1,690,123

10% Bunga 10% 10%1,550,225

IDC665,426 169,012

1,549,251 731,968

0 18,601,731 3,099,476 Total pinjaman 7,319,682 2,591,104(tot. pinjaman 16.66

186,017tahun tanam ke- 0.15

12 13 14 15 57 8 9 10 10 1 2

7,440,692 5,580,519 3,720,346 1,860,173 Sisa pinjaman 18,601,731 16,741,5582,976,277 2,697,251 2,418,225 2,139,199 Angsuran 4,650,433 4,371,4071,116,104 837,078 558,052 279,026 Bunga 2,790,260 2,511,2341,860,173 1,860,173 1,860,173 1,860,173 Pokok 1,860,173 1,860,173

83707789313,951,298

1,395,257 1,678,174 1,418,101 2,666,345 15,502,255

10% 10% 10% 10%139,526 167,817 141,810 266,634 1,550,225 259,110 179,389 202,538 176,245 1,549,251 3,099,476

1,793,893 2,025,380 1,762,449 3,109,224 18,601,731 16.66%

3 4 5 6 7 8 9 1014,881,385 13,021,212 11,161,039 9,300,865 7,440,692 5,580,519 3,720,346 1,860,173

4,092,381 3,813,355 3,534,329 3,255,303 2,976,277 2,697,251 2,418,225 2,139,1992,232,208 1,953,182 1,674,156 1,395,130 1,116,104 837,078 558,052 279,0261,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173

Fee manajemenManejer 1 3,000,000 3,000,000K afdelling 3 2,000,000 6,000,000Mandor 9 750,000 6,750,000Pengurus 6 500,000 3,000,000

000000000

total per bulan 18,750,000 12 225,000,000manajemen fee per ha per th 250,000

blok design 9001 Jasa analisa 200,000 1 sampel per ha 180 36,000,0002 survey:

utama 250,000 3 3 2,250,000pendamping 150,000 3 3 1,350,000t. lokal 50,000 6 3 900,000trasport 600,000 3 3 5,400,000konsumsi 60,000 12 3 2,160,000

3 interpretasi data 2,500,0004 jasa alat 2,000,000 1 paket 2,000,0005 peta 2,500,000 1 paket 2,500,000

total biaya 55,060,000biaya per ha 61,178

Analisis Aliran Kas

No. Komponentahun ke-

0 1 2 3 4A. Sumber Dana

1. Modal Sendiri/Pemerintah2. Pinjaman 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 3. Penerimaan karet4. Penerimaan padi 3,400,0005. Penerimaan jagung 6,000,000 6,000,0006. Nilai Sisa asetTotal Sumber Dana 6,654,256 11,090,123 7,395,257 1,678,174 1,418,101

B. Penggunaan Dana1. Investasi 6,654,256 1,690,123 1,395,257 1,678,174 1,418,101 2. Budidaya padi 1,025,000 3. Budidaya jagung 1,760,000 1,760,000 3. Pembayaran bunga4. Pelunasan pokok pinjaman5. Operasi 0 0 0 0 0Total Penggunaan Dana 6,654,256 4,475,123 3,155,257 1,678,174 1,418,101

C. Saldo 0 6,615,000 4,240,000 0 0D. Akumulasi 0 6,615,000 10,855,000 10,855,000 10,855,000

tahun ke-5 6 7 8 9 10 11 12

2,666,345 11,494,000 17,864,000 24,668,000 25,172,000 25,487,000 27,475,000 30,135,000

2,666,345 11,494,000 17,864,000 24,668,000 25,172,000 25,487,000 27,475,000 30,135,000

2,666,345 0 0 0 0 913,100 0 0

2,790,260 2,511,234 2,232,208 1,953,182 1,674,156 1,395,130 1,116,1041,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173 1,860,173

0 6,275,200 6,593,700 6,933,900 6,959,100 6,974,850 7,074,250 7,207,2502,666,345 10,925,633 10,965,107 11,026,281 10,772,455 11,422,279 10,329,553 10,183,527

0 568,367 6,898,893 13,641,719 14,399,545 14,064,721 17,145,447 19,951,47310,855,000 11,423,367 18,322,260 31,963,980 46,363,525 60,428,246 77,573,693 97,525,166

tahun ke-13 14 15 16 17 18 19 20

33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000 23,499,000

33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000 23,499,000

0 0 913,100 0 0 0 0 913,100

837,078 558,052 279,0261,860,173 1,860,173 1,860,1737,387,150 7,033,300 7,033,300 7,033,300 7,033,300 7,033,300 6,875,450 6,875,450

10,084,401 9,451,525 10,085,599 7,033,300 7,033,300 7,033,300 6,875,450 7,788,550 23,648,599 17,204,475 16,570,401 19,622,700 19,622,700 19,622,700 16,623,550 15,710,450

### 138,378,240 154,948,641 174,571,341 194,194,041 213,816,741 230,440,291 246,150,741

tahun ke-21 22 23 24 25

23,499,000 23,499,000 23,499,000 23,499,000 23,499,000

23,499,000 23,499,000 23,499,000 23,499,000 23,499,000

0 0 0 0 0

6,875,450 6,875,450 6,875,450 6,875,450 6,875,4506,875,450 6,875,450 6,875,450 6,875,450 6,875,450

16,623,550 16,623,550 16,623,550 16,623,550 16,623,550262,774,291 279,397,841 296,021,391 312,644,941 329,268,491

Analisis Finansial Pananaman baru Karet 1 ha


0 1 2 3 4 5 6 7

I. Biaya Pra Investasi 233,966 0 0 0 0 0 0 0A. Studi Kelayakan (1%) 155,977 - - - - - - -

B. Rancangan Detil (0,5%) 77,989 - - - - - - -

C. Sertifikasi lahan - - - - - - - -

II. Biaya InvestasiA. Tanaman 4,082,500 1,442,700 1,191,000 1,642,500 1,210,500 2,305,100 0 0 1. Tenaga Kerja 1,920,000 780,000 450,000 630,000 300,000 480,000 - Land clearing 240,000 - - - - - - - Mengajir/melubang 600,000 - - - - - - - Pengendalian hama penyakit 120,000 120,000 150,000 240,000 90,000 120,000 - - Penanaman 450,000 - - - - - - - Penyiangan 300,000 180,000 180,000 90,000 90,000 120,000 - - Pemupukan 210,000 480,000 120,000 300,000 120,000 150,000 - - Persiapan sadap/penyadapan - - - - - 90,000 - - 2. Bahan 2,037,500 662,700 741,000 1,012,500 910,500 800,500 0 0 Herbisida 200,000 - - 120,000 120,000 - - - Fungisida/Biofungisida 250,000 100,000 100,000 100,000 100,000 50,000 - - Bibit 1,437,500 - - - - - - - Rockphosphate 150,000 - - - - - - - Isektisida - 75,000 75,000 75,000 75,000 - - - Pupuk SP36 - 200,000 200,000 200,000 200,000 200,000 - - Urea - 105,000 105,000 126,000 140,000 175,000 - - KCl - 72,500 116,000 116,000 145,000 145,000 - - Kieserit - 110,200 145,000 275,500 130,500 130,500 - - Formid acid - - - - - 100,000 - - 3. Peralatan 125,000 0 0 0 0 1,024,600 0 0 Handsprayer 125,000 - - - - 0 - - Mangkok Lateks - - - - - 500,000 - - Talang Sadap - - - - - 375,000 - -

Kawat Hanger - - - - - 600 - - Tali Palstik - - - - - 37,500 - - Ember Pungut 20 liter - - - - - 10,000 - - Ember Setoran Down Ward 40 liter - - - - - 15,000 - - Pisau Sadap Tarik - - - - - 25,000 - - Batu Asahan - - - - - 1,500 - - Bak Pembeku - - - - - 60,000 - -

B. Non Tanaman 100,000 0 0 0 0 0 0 0 1. Bangunan 100,000 - - - - - - - 2. Jalan - - - - - - - - 3. Jembatan - - - - - - - -

Tahun8 9 10 11 12 13 14 15 16 17 180 0 0 0 0 0 0 0 0 0 0

- - - - - - - - - - -

- - - - - - - - - - -

- - - - - - - - - - -

0 0 913,100 0 0 0 0 913,100 0 0 0

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 0 0 0 0 0 0 0 0 0 0 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 0 913,100 0 0 0 0 913,100 0 0 0 - - - - - - - - - - - - - 500,000 - - - - 500,000 - - - - - 375,000 - - - - 375,000 - - -

- - 600 - - - - 600 - - - - - 37,500 - - - - 37,500 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 0 0 0 0 0 0 0 0 0 0 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Tahun19 20 21 22 23 24 25 Total (Rp)0 0 0 0 0 0 0

- - - - - - -

- - - - - - -

- - - - - - -

0 0 913,100 0 0 0 0 0

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 0 0 0 0 0 0 2,037,500 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 913,100 0 0 0 0 0 - - - - - - - - 500,000 - - - - - - 375,000 - - - - -

- 600 - - - - - - 37,500 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

0 0 0 0 0 0 0 - - - - - - - - - - - - - - - - - - - - - 0

No. Jenis biaya Nilai investasi (Rp) Prosentase (%)

A. Tenaga kerja 96,000,000 55.60B. Bahan 17,010,000 9.85C. Peralatan 1,000,000 0.58D. Pembayaran pinjaman 33,948,159 19.66E. Management fee 24,690,050 14.30

Total 172,648,209 100.00

14,224,424

186,872,633

Analisis Finansial Pananaman baru Karet 900 ha (Rp000)


0 1 2 3 4

I. Biaya Pra Investasi 213,737 0 0 0 0A. Studi Kelayakan (1%) 142,491B. Rancangan Detil (0,5%) 71,246C. Sertifikasi lahan 0

II. Biaya InvestasiA. Tanaman 3,674,250 1,298,430 1,071,900 1,478,250 1,089,450 1. Tenaga Kerja 1,728,000 702,000 405,000 567,000 270,000 Land clearing 216,000 0 0 0 0 Mengajir/melubang 540,000 0 0 0 0 Pengendalian hama penyakit 108,000 108,000 135,000 216,000 81,000 Penanaman 405,000 0 0 0 0 Penyiangan 270,000 162,000 162,000 81,000 81,000 Pemupukan 189,000 432,000 108,000 270,000 108,000 Persiapan sadap/penyadapan 0 0 0 0 0 2. Bahan 1,833,750 596,430 666,900 911,250 819,450 Herbisida 180,000 0 0 108,000 108,000 Fungisida/Biofungisida 225,000 90,000 90,000 90,000 90,000 Bibit 1,293,750 0 0 0 0 Rockphosphate 135,000 0 0 0 0 Isektisida 0 67,500 67,500 67,500 67,500 Pupuk SP36 0 180,000 180,000 180,000 180,000 Urea 0 94,500 94,500 113,400 126,000 KCl 0 65,250 104,400 104,400 130,500 Kieserit 0 99,180 130,500 247,950 117,450 Formid acid 0 0 0 0 03. Peralatan 112,500 0 0 0 0 Handsprayer 112,500 0 0 0 0 Mangkok Lateks 0 0 0 0 0 Talang Sadap 0 0 0 0 0 Kawat Hanger 0 0 0 0 0 Tali Palstik 0 0 0 0 0 Ember Pungut 20 liter 0 0 0 0 0 Ember Setoran Down Ward 40 li 0 0 0 0 0 Pisau Sadap Tarik 0 0 0 0 0 Batu Asahan 0 0 0 0 0 Bak Pembeku 0 0 0 0 0

B. Non Tanaman 90,000 0 0 0 0 1. Bangunan 90,000 2. Jalan 0 3. Jembatan 0 Biaya Investasi Total 3,977,987 1,298,430 1,071,900 1,478,250 1,089,450 C. Biaya Kontingensi (10%) 397,799 129,843 107,190 147,825 108,945 Biaya Investasi Kotor 4,375,786 1,428,273 1,179,090 1,626,075 1,198,395 D. Manajemen Fee (5%) 218,789 71,414 58,955 81,304 59,920 E. Premi Asuransi (1,5%) 65,637 21,424 17,686 24,391 17,976 Biaya Investasi Bersih 4,441,423 1,449,697 1,196,776 1,650,466 1,216,371

III. Biaya Operasional 0 0 0 0 0A. Tenaga Kerja

Penyiangan Pemupukan PenyadapanB. Bahan Pupuk SP36 Urea KCl Kieserit Formid acidC. Peralatan Ember Pungut 20 liter Ember Setoran Down Ward 40 liter Pisau Sadap TarikD. Pembayaran pinjaman

IV. Biaya Total (I+II+III) 4,441,423 1,449,697 1,196,776 1,650,466 1,216,371

V PenerimaanProduksiHarga

VI. Pendapatan (V-IV) -4,441,423 -1,449,697 -1,196,776 -1,650,466 -1,216,371

NPV (df 15%) Rp35,316,443IRR 40.84%PP 6.95

Tahun5 6 7 8 9 10 11 120 0 0 0 0 0 0 0

2,074,590 0 0 0 0 821,790 0 0 432,000 0

0 0 0 0

108,000 0

108,000 135,000

81,000 720,450 0

0 045,000 0

0 00 00 0

180,000 0157,500 0130,500 0117,450 0

90,000 0922,140 0 0 0 0 821,790 0 0

0 0 0 0 0 0 0 0450,000 0 0 0 0 450,000 0 0337,500 0 0 0 0 337,500 0 0

540 0 0 0 0 540 0 033,750 0 0 0 0 33,750 0 0

9,000 013,500 022,500 0

1,350 0 0 0 0 0 0 054,000 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

2,074,590 0 0 0 0 821,790 0 0 207,459 0 0 0 0 0 0 0

2,282,049 0 0 0 0 821,790 0 0 114,102 0 0 0 0 0 0 0

34,231 0 0 0 0 0 0 0 2,316,280 0 0 0 0 821,790 0 0

0 8,424,000 9,726,883 9,447,857 9,168,831 8,889,805 8,610,779 8,331,7534,212,000 4,266,000 4,266,000 4,266,000 4,266,000 4,266,000 4,266,000

108,000 108,000 108,000 108,000 108,000 108,000 108,00054,000 108,000 108,000 108,000 108,000 108,000 108,000

4,050,000 4,050,000 4,050,000 4,050,000 4,050,000 4,050,000 4,050,000765,450 765,450 765,450 765,450 765,450 765,450 765,450180,000 180,000 180,000 180,000 180,000 180,000 180,000157,500 157,500 157,500 157,500 157,500 157,500 157,500130,500 130,500 130,500 130,500 130,500 130,500 130,500117,450 117,450 117,450 117,450 117,450 117,450 117,450180,000 180,000 180,000 180,000 180,000 180,000 180,000

40,500 45,000 45,000 45,000 45,000 45,000 45,0008,100 9,000 9,000 9,000 9,000 9,000 9,000

12,150 13,500 13,500 13,500 13,500 13,500 13,50020,250 22,500 22,500 22,500 22,500 22,500 22,500

4,650,433 4,371,407 4,092,381 3,813,355 3,534,329 3,255,303 2,976,2772,316,280 8,424,000 9,726,883 9,447,857 9,168,831 9,711,595 8,610,779 8,331,753

10,344,600 16,077,600 22,201,200 22,654,800 22,938,300 24,727,500 27,121,500 30,359,7001,478 2,297 3,172 3,236 3,277 3,533 3,875 4,3377,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

8,028,320 7,653,600 12,474,317 13,206,943 13,769,469 15,015,905 18,510,721 22,027,947

12,271,013122,710 142,491

155,977206,662

Tahun13 14 15 16 17 18 19 200 0 0 0 0 0 0 0

0 0 821,790 0 0 0 0 821,790

0 0 821,790 0 0 0 0 821,7900 0 0 0 0 0 0 00 0 450,000 0 0 0 0 450,0000 0 337,500 0 0 0 0 337,5000 0 540 0 0 0 0 5400 0 33,750 0 0 0 0 33,750

0 0 0 0 0 0 0 00 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0 0 821,790 0 0 0 0 821,790 0 0 0 0 0 0 0 0 0 0 821,790 0 0 0 0 821,790 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 821,790 0 0 0 0 821,790

8,052,727 7,773,701 7,494,675 7,215,649 5,076,450 5,076,450 5,076,450 5,076,4504,266,000 4,266,000 4,266,000 4,266,000 4,266,000 4,266,000 4,266,000 4,266,000

108,000 108,000 108,000 108,000 108,000 108,000 108,000 108,000108,000 108,000 108,000 108,000 108,000 108,000 108,000 108,000

4,050,000 4,050,000 4,050,000 4,050,000 4,050,000 4,050,000 4,050,000 4,050,000765,450 765,450 765,450 765,450 765,450 765,450 765,450 765,450180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000157,500 157,500 157,500 157,500 157,500 157,500 157,500 157,500130,500 130,500 130,500 130,500 130,500 130,500 130,500 130,500117,450 117,450 117,450 117,450 117,450 117,450 117,450 117,450180,000 180,000 180,000 180,000 180,000 180,000 180,000 180,000

45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,0009,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000

13,500 13,500 13,500 13,500 13,500 13,500 13,500 13,50022,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500

2,697,251 2,418,225 2,139,1998,052,727 7,773,701 8,316,465 7,215,649 5,076,450 5,076,450 5,076,450 5,898,240

23,990,400 23,990,400 23,990,400 23,990,400 23,990,400 21,149,100 21,149,100 21,149,1003,427 3,427 3,427 3,427 3,427 3,021 3,021 3,0217,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

15,937,673 16,216,699 15,673,935 16,774,751 18,913,950 16,072,650 16,072,650 15,250,860

Tahun21 22 23 24 250 0 0 0 0

0 0 0 0 0

0 0 0 0 00 0 0 0 00 0 0 0 00 0 0 0 00 0 0 0 00 0 0 0 0

0 0 0 0 00 0 0 0 0

0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

5,076,450 5,076,450 5,076,450 5,076,450 5,076,4504,266,000 4,266,000 4,266,000 4,266,000 4,266,000

108,000 108,000 108,000 108,000 108,000108,000 108,000 108,000 108,000 108,000

4,050,000 4,050,000 4,050,000 4,050,000 4,050,000765,450 765,450 765,450 765,450 765,450180,000 180,000 180,000 180,000 180,000157,500 157,500 157,500 157,500 157,500130,500 130,500 130,500 130,500 130,500117,450 117,450 117,450 117,450 117,450180,000 180,000 180,000 180,000 180,000

45,000 45,000 45,000 45,000 45,0009,000 9,000 9,000 9,000 9,000

13,500 13,500 13,500 13,500 13,50022,500 22,500 22,500 22,500 22,500

5,076,450 5,076,450 5,076,450 5,076,450 5,076,450 153,561,092

21,149,100 21,149,100 21,149,100 21,149,100 19,895,400 22,110,3003,021 3,021 3,021 3,021 2,8427,000 7,000 7,000 7,000 7,000

16,072,650 16,072,650 16,072,650 16,072,650 14,818,950

Kebutuhan biaya Tanaman Sela 1 ha

No. KegiatanPadi Ladang Jagung Total

Volume Harga Satuan Jumlah Volume Harga Satuan Jumlah

BIAYA USAHATANI

2 Sarana Produksi

- Benih 30 4,000 120,000.00 20 20,000 400,000 520,000

- Pupuk Urea 150 1,400 210,000.00 300 1,400 420,000 630,000

- Pupuk SP.36 100 2,000 200,000.00 200 2,000 400,000 600,000

- Pupuk KCl 50 2,900 145,000.00 100 2,900 290,000 435,000

- Pestisida 2 75,000 150,000.00 2 75,000 150,000 300,000

- Herbisida Pra Tumbuh 4 50,000 200,000.00 2 50,000 100,000 300,000

Total Sarana Produksi 1,025,000.00 1,760,000 2,785,000Total Biaya Usahatani 1,025,000.00 1,760,000 2,785,000

Pinjaman Dana tahun ke-2=Kebutuhan dana tahun 2 - dana tahun 1831000

No Uraian/Kegiatan Tahun ke

0 1 2 3

A BIAYA USAHATANIBIAYA USAHATANI KARET1. Tenaga Kerja Land clearing 240,000 0 0 0 Mengajir/melubang 600,000 0 0 0 Pengendalian hama penyakit 120,000 120,000 150,000 240,000 Penanaman 450,000 0 0 0 Penyiangan 300,000 180,000 180,000 90,000 Pemupukan 210,000 480,000 120,000 300,000 Persiapan sada/penyadapan 0 0 0 02. Bahan Herbisida 200,000 0 0 120,000 Fungisida/Biofungsida 250,000 100,000 100,000 100,000 Bibit 1,437,500 0 0 0 Rockphosphate 150,000 0 0 0 Isektisida 0 75,000 75,000 75,000 Pupuk SP36 0 200,000 200,000 200,000 Urea 0 105,000 105,000 126,000 KCl 0 72,500 116,000 116,000 Kieserit 0 110,200 145,000 275,500 Formid acid 0 0 0 03. Peralatan 125,000 0 0 0Total 4,082,500 1,442,700 1,191,000 1,642,500

Pembayaran kredit + bunga 0 0 0 0Total Pengeluaran 4,082,500 1,442,700 1,191,000 1,642,500

B PENERIMAANPRODUKSI KARET (Bokar) 0 0 0 0HARGA 0 0 0 0PENERIMAAN KARET 0 0 0 0

C PENDAPATANPENDAPATAN -4,082,500 -1,442,700 -1,191,000 -1,642,500

NPV (DF = 15%) Rp32,017,397 IRR 35%

Tahun ke 4 5 6 7 8 9 10 11

0 0 0 0 0 0 0 00 0 0 0 0 0 0 0

90,000 120,000 60,000 0 0 0 0 00 0 0 0 0 0 0 0

90,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000120,000 150,000 120,000 120,000 120,000 120,000 120,000 120,000

0 90,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000

120,000 0 0 0 0 0 0 0100,000 50,000 0 0 0 0 0 0

0 0 0 0 0 0 0 00 0 0 0 0 0 0 0

75,000 0 0 0 0 0 0 0200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000140,000 175,000 175,000 175,000 175,000 175,000 175,000 175,000145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000130,500 130,500 130,500 130,500 130,500 130,500 130,500 130,500

0 100,000 200,000 200,000 200,000 200,000 200,000 200,0000 1,024,600 0 0 0 0 0 0

1,210,500 2,305,100 5,650,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500

0 0 4,650,433 4,371,407 4,092,381 3,813,355 3,534,329 3,255,3031,210,500 2,305,100 10,300,933 9,961,907 9,682,881 9,403,855 9,124,829 8,845,803

0 0 1,642 2,552 3,524 3,596 3,641 3,9250 0 7,000 7,000 7,000 7,000 7,000 7,0000 0 11,494,000 17,864,000 24,668,000 25,172,000 25,487,000 27,475,000

-1,210,500 -2,305,100 1,193,067 7,902,093 14,985,119 15,768,145 16,362,171 18,629,197

32

Tahun ke 12 13 14 15 16 17 18 19

0 0 0 0 0 0 0 00 0 0 0 0 0 0 00 0 0 0 0 0 0 00 0 0 0 0 0 0 0

120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000

4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000

0 0 0 0 0 0 0 00 0 0 0 0 0 0 00 0 0 0 0 0 0 00 0 0 0 0 0 0 00 0 0 0 0 0 0 0

200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000175,000 175,000 175,000 175,000 175,000 175,000 175,000 175,000145,000 145,000 145,000 145,000 145,000 145,000 145,000 145,000130,500 130,500 130,500 130,500 130,500 130,500 130,500 130,500200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000

0 0 0 0 0 0 0 05,590,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500

2,976,277 2,697,251 2,418,225 2,139,199 0 0 0 08,566,777 8,287,751 8,008,725 7,729,699 5,590,500 5,590,500 5,590,500 5,590,500

4,305 4,819 3,808 3,808 3,808 3,808 3,808 3,3577,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000

30,135,000 33,733,000 26,656,000 26,656,000 26,656,000 26,656,000 26,656,000 23,499,000

21,568,223 25,445,249 18,647,275 18,926,301 21,065,500 21,065,500 21,065,500 17,908,500

Tahun ke 20 21 22 23 24 25

0 0 0 0 0 00 0 0 0 0 00 0 0 0 0 00 0 0 0 0 0

120,000 120,000 120,000 120,000 120,000 120,000120,000 120,000 120,000 120,000 120,000 120,000

4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000

0 0 0 0 0 00 0 0 0 0 00 0 0 0 0 00 0 0 0 0 00 0 0 0 0 0

200,000 200,000 200,000 200,000 200,000 200,000175,000 175,000 175,000 175,000 175,000 175,000145,000 145,000 145,000 145,000 145,000 145,000130,500 130,500 130,500 130,500 130,500 130,500200,000 200,000 200,000 200,000 200,000 200,000

0 0 0 0 0 05,590,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500

0 0 0 0 0 0 33,948,1595,590,500 5,590,500 5,590,500 5,590,500 5,590,500 5,590,500

3,357 3,357 3,357 3,357 3,357 3,3577,000 7,000 7,000 7,000 7,000 7,000

23,499,000 23,499,000 23,499,000 23,499,000 23,499,000 23,499,000

17,908,500 17,908,500 17,908,500 17,908,500 17,908,500 17,908,500

No Uraian/Kegiatan Tahun ke

0 1 2 3

A BIAYA PRA INVESTASI (Rp000)1. Studi Kelayakan (1% dari investasi) 244,7912. Rancangan Detil (0,5% dari investasi) 122,396

B. BIAYA INVESTASI (Rp000)1. Tanaman - Karet 3,674,250 1,298,430 1,071,900 1,478,2502. Non Tanaman - Bangunan 30,000 0 0 0 - Jalan 0 0 0 0 - Jembatan 0 0 0 0 - Sertifikat 0 0 0 0Total Investasi (A + B) 4,071,437 1,298,430 1,071,900 1,478,250Biaya cadangan (10%) 407,144 129,843 107,190 147,825Total Investasi (A + B) + Cadangan 4,478,581 1,428,273 1,179,090 1,626,075Biaya Bunga Investasi (IDC) 0 447,858 142,827 117,909

0 0 447,858 142,827Total Invetasi bersih 4,478,581 1,876,131 1,769,775 1,886,811Premi asuransi (1,5% dari A+B) 216,041 216,041 216,041 216,041Total Biaya (B) 4,694,622 2,092,172 1,985,817 2,102,853Angsuran 0 0 0 0Total Biaya Proyek 4,694,622 2,092,172 1,985,817 2,102,853Fee manajemen (5%)

C. PENERIMAAN (Rp000)1. Karet 0 0 0 02. Tanaman Sela 0 #VALUE! #VALUE! 0Total Penerimaan 0 #VALUE! #VALUE! 0

D. PENDAPATAN (Rp000) -4,694,622 #VALUE! #VALUE! -2,102,853

NPV (Rp000) (df=15%) #VALUE!IRR #VALUE!ROI = laba setelah pajak/jmlh aktiva #VALUE!PP =BT/PNR #VALUE!

Tahun ke 4 5 6 7 8 9 10

1,089,450 2,074,590

0 0 0 0 0 0 0 0 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0

1,089,450 2,074,590 0 0 0 0 0108,945 207,459 0 0 0 0 0

1,198,395 2,282,049 0 0 0 0 0162,608 119,840 228,205117,909 162,608 119,840

1,478,912 2,564,496 348,044 0 0 0 0216,041 216,041 216,041 216,041 216,041 216,041 216,041

1,694,953 2,780,537 564,086 216,041 216,041 216,041 216,0410 0 0 8,755,151 8,004,709 7,254,268 6,503,826

1,694,953 2,780,537 564,086 8,971,192 8,220,750 7,470,309 6,719,867

0 0 10,344,600 16,077,600 22,201,200 22,654,800 22,938,300 0 0 0 0 0 0 00 0 10,344,600 16,077,600 22,201,200 22,654,800 22,938,300

-1,694,953 -2,780,537 9,780,514 15,861,559 21,985,159 22,438,759 22,722,259

14,402,750 15,915,039144,028 159,150221,531 244,791

Tahun ke 11 12 13 14 15 16 17

30,000 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0

30,000 0 0 0 0 0 03,000 0 0 0 0 0 0

33,000 0 0 0 0 0 0

33,000 0 0 0 0 0 0216,041 0 0 0 0 0 0249,041 0 0 0 0 0 0

5,753,385 0 0 0 0 0 06,002,426 0 0 0 0 0 0

24,727,500 27,121,500 30,359,700 23,990,400 23,990,400 23,990,400 23,990,400 0 0 0 0 0 0

24,727,500 27,121,500 30,359,700 23,990,400 23,990,400 23,990,400 23,990,400

24,478,459 27,121,500 30,359,700 23,990,400 23,990,400 23,990,400 23,990,400

Tahun ke 18 19 20 21 22 23 24

0 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0

0 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0

23,990,400 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100 0 0 0 0 0 0 0

23,990,400 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100

23,990,400 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100 21,149,100

Tahun ke 25

0000000

000 17,028,24500 53,299,584

21,149,100 0

21,149,100 #VALUE!

21,149,100 #VALUE!

0

analisis finansial investasi karet-latihan

Documents