2015

Assets
Current Aassets
Cash and cash equivalents 628,159.00
Trade receivables third parties 2,822,930.00
Trade receivables related parties 421,696.00
Other receivables third parties 138,188.00
Other receivables related parties 219,458.00
Current inventories 2,297,502.00
Current prepaid expenses 2,297,502.00
Current prepaid taxes
Non-current assets or disposal groups classified as held-for-sale

Total Current Assets 6,623,114.00

Non-Current Assets
Property, plant and equipment 8,320,917.00
Goodwill 61,925.00
Intangible assets other than goodwill 431,021.00
Other non-current non-financial assets 292,968.00
Total Non-Current Assets 9,106,831.00
Total Assets 15,729,945.00
Liabilities
Short-term loans 1,700,000.00
Trade payables third parties 4,514,939.00
Trade payables related parties 327,231.00
Other payables third parties 1,132,076.00
Other payables related parties 640,669.00
Current accrued expenses 1,119,513.00
Short-term post-employment benefit obligations 63,240.00
Taxes payable 629,874.00
Total current liabilities 10,127,542.00
Deferred tax liabilities 372,041.00
Long-term post-employment benefit obligations 403,002.00
Total non-current liabilities 775,043.00
Total Debt
Total liabilities 10,902,585.00

Equity
Common stocks 76,300.00
Additional paid-in capital 96,000.00
Appropriated retained earnings 15,260.00
Unappropriated retained earnings 4,639,800.00
Total equity attributable to equity owners of parent entity 4,827,360.00
Total equity 4,827,360.00
Total lialibilities and equity 15,729,945.00
2016 2017 2015 2016 2017

373,835.00 404,784.00 4% 2% 2%
3,290,889.00 4,346,917.00 18% 20% 23%
417,368.00 368,637.00 3% 2% 2%
85,188.00 72,986.00 1% 1% 0%
16,409.00 66,285.00 1% 0% 0%
2,318,130.00 2,393,540.00 15% 14% 13%
86,290.00 109,578.00 1% 1% 1%
3,707.00 0%
175,201.00 1%

6,588,109.00 7,941,635.00 42% 39% 42%

9,529,476.00 10,422,133.00 53% 57% 55%

61,925.00 61,925.00 0% 0% 0%
409,802.00 390,838.00 3% 2% 2%
156,383.00 89,882.00 2% 1% 0%
10,157,586.00 10,964,778.00 58% 61% 58%
16,745,695.00 18,906,413.00 100% 100% 100%

2,392,970.00 3,450,000.00 11% 14% 18%

4,295,353.00 4,291,308.00 29% 26% 23%
346,557.00 235,802.00 2% 2% 1%
1,208,673.00 965,798.00 7% 7% 5%
131,640.00 709,313.00 4% 1% 4%
1,659,753.00 2,288,992.00 7% 10% 12%
144,651.00 146,529.00 0% 1% 1%
698,477.00 444,562.00 4% 4% 2%
10,878,074.00 12,532,304.00 64% 65% 66%
245,152.00 344,965.00 2% 1% 2%
918,211.00 855,756.00 3% 5% 5%
1,163,363.00 1,200,721.00 5% 7% 6%

12,041,437.00 13,733,025.00 69% 72% 73%

76,300.00 76,300.00 0% 0% 0%
96,000.00 96,000.00 1% 1% 1%
15,260.00 15,260.00 0% 0% 0%
4,516,698.00 4,985,828.00 29% 27% 26%
4,704,258.00 5,173,388.00 31% 28% 27%
4,704,258.00 5,173,388.00 31% 28% 27%
16,745,695.00 18,906,413.00 100% 100% 100%
 Description 2015 2016
Net Revenues 36,484,030.00 40,053,732.00
Cost of Revenue (17,835,061.00) (19,594,636.00)
Gross Profit 18,648,969.00 20,459,096.00
Other Operating Expenses (4,479.00)
Other Operating Income 951.00

Finance Income 10,616.00 7,468.00

Finance Cost (120,527.00) (143,244.00)
Income Before Income Tax 7,829,490.00 8,571,885.00
Income Tax Expensive Net (1,977,685.00) (2,181,213.00)
Net Income 5,851,805.00 6,390,672.00
 2017 2015 2016 2017
41,204,510.00 100% 100% 100%
(19,984,776.00) -49% -49% -49%
21,219,734.00 51% 51% 51%
(9,212.00) 0% 0% 0%
0%

3,579.00 0% 0% 0%
(127,682.00) 0% 0% 0%
9,371,661.00 21% 21% 23%
(2,367,099.00) -5% -5% -6%
7,004,562.00 16% 16% 17%
 2015
CASH FLOWS
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 39,597,509.00
Payments to suppliers for goods and services (27,530,887.00)
Payments for salaries and allowances (1,271,640.00)
Payments for royalties and exploitation fees (2,430,214.00)
Other cash payments for operating activities (43,057.00)
Cash generated from (used in) operations 8,321,711.00
Interests received from operating activities 8,476.00
Interests paid from operating activities (120,527.00)
Income taxes refunded (paid) from operating activities (1,910,609.00)
Net Cash Provided by (Used in) Operating Activities 6,299,051.00
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from disposal of property, plant and equipment 35,638.00
Payments for acquisition of property, plant and equipment (1,472,444.00)
Proceeds from disposal of intangible assets 7,561.00
Net Cash Used in Investing Activities (1,429,245.00)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from bank loans 450,000.00
Dividends paid from financing activities (5,592,332.00)
Net Cash Provided by Financing Activities (5,142,332.00)
NET INCREASE IN CASH AND CASH EQUIVALENTS (272,526.00)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF YEAR 859,127.00
CASH AND CASH EQUIVALENTS AT THE END OF YEAR 628,159.00
 2016 2017 2015 2016 2017

43,386,819.00 44,072,342.00 629% 649% 624%

(29,625,520.00) (30,712,887.00) -437% -443% -435%
(1,497,467.00) (1,546,135.00) -20% -22% -22%
(3,320,491.00) (2,191,174.00) -39% -50% -31%
(55,041.00) (31,119.00) -1% -1% 0%
8,888,300.00 9,591,027.00 132% 133% 136%
6,057.00 2,566.00 0% 0% 0%
(143,244.00) (127,682.00) -2% -2% -2%
(2,066,894.00) (2,406,049.00) -30% -31% -34%
6,684,219.00 7,059,862.00 100% 100% 100%

7,958.00 7,228.00 -2% 0% 0%

(1,787,056.00) (1,606,734.00) 103% 100% 100%
(2,255.00) -1% 0% 0%
(1,779,098.00) (1,601,761.00) 100% 100% 100%

692,970.00 1,057,030.00 -9% -13% -19%

(5,843,184.00) (6,494,045.00) 109% 113% 119%
(5,150,214.00) (5,437,015.00) 100% 100% 100%
(245,093.00) 21,086.00 -43% -66% 5%
628,159.00 373,835.00 137% 168% 92%
373,835.00 404,784.00 100% 100% 100%
Current Ratio Aktiva Lancar
=
Hutang Lancar

Quick Ratio = Aktiva Lancar - Persediaan

Hutang Lancar

Rasio Waktu Penagihan = Piutang

Penjualan/360
Penjualan/360

Rasio untuk menjual persediaan = Persediaan

HPP/365
HPP/365

Rasio Total Hutang Terhadap Ekuitas =

Total Kewajiban
Ekuitas Pemegang Saham

Rasio Hutang Jangka Panjang terhadap

ekuitas =
Kewajiban Jangka Panjang
Ekuitas Pemegang Saham

Rasio Tingkat Pengembalian Ekuitas =

Laba Bersih
Ekuitas Pemegang Saham

Rasio Margin Laba Kotor = Penjualan - HPP

Penjualan

Margin Laba Bersih = Laba Bersih

Penjualan

Rasio Perputaran Kas = Penjualan

Kas dan setara kas

Rasio Perputaran Piutang Usaha = Penjualan

Piutang

Rasio Perputaran Persediaan = HPP

Persediaan
Rasio Perputaran Aset Tetap = Penjualan
Aset Tetap

Rasio Perputaran Total Aset = Penjualan

Total Aset
 2015 2016 2017 2015

6,623,114.00 6,588,109.00 7,941,635.00 0.6074810698564

10,902,585.00 12,041,437.00 13,733,025.00

6623114 - 2297502 6588109 - 2318130 7941635 - 2393540 0.3967510457

10,902,585.00 12,041,437.00 13,733,025.00

2,822,930.00 3,290,889.00 4,346,917.00 27.85

36,484,030.00 40,053,732.00 41,204,510.00
101,344.52 111,260.36 114,456.97

2,297,502.00 2,318,130.00 2,393,540.00 47.02

(17,835,061.00) (19,594,636.00) (19,984,776.00)
48,863.18 53,683.93 54,752.81

10,902,585.00 12,041,437.00 13,733,025.00 2.2584984339266

4,827,360.00 4,704,258.00 5,173,388.00

775,043.00 1,163,363.00 1,200,721.00 0.1605521444433

4,827,360.00 4,704,258.00 5,173,388.00

7,829,490.00 8,571,885.00 9,371,661.00

1.6218989261211
4,827,360.00 4,704,258.00 5,173,388.00

54,319,091.00 59,648,368.00 61,189,286.00 1.488845694952

36,484,030.00 40,053,732.00 41,204,510.00

7,829,490.00 8,571,885.00 9,371,661.00 0.2146004703976

36,484,030.00 40,053,732.00 41,204,510.00

36,484,030.00 40,053,732.00 41,204,510.00 58.080883980012

628,159.00 373,835.00 404,784.00

36,484,030.00 40,053,732.00 41,204,510.00 12.924170985466

2,822,930.00 3,290,889.00 4,346,917.00

(17,835,061.00) (19,594,636.00) (19,984,776.00) -7.762805429549

2,297,502.00 2,318,130.00 2,393,540.00
36,484,030.00 40,053,732.00 41,204,510.00 4.3846165032051
8,320,917.00 9,529,476.00 10,422,133.00

36,484,030.00 40,053,732.00 41,204,510.00 2.3193997181808

15,729,945.00 16,745,695.00 18,906,413.00
 2016 2017

0.547119832957 0.5782873766

0.3546070955 0.4039965703

29.58 37.98

43.18 43.72

2.559688903117 2.65455152407

0.247299999277 0.23209567889

1.822154524688 1.81151326751

1.489208745892 1.48501428606

0.214009645843 0.22744260276

107.1428089933 101.793820902

12.17109784013 9.47901926814

-8.452777022859 -8.3494639739
4.203141075123 3.95355825914

2.391882331549 2.17939330956
Asumsi Peramalan Estimasi 2016 2017
tahun 2017
(%)
Pertumbuhan penjualan 10,75 40,053,732.00 41,204,510.00

Margin Laba Kotor 31,33 20,459,096.00 21,219,734.00

Beban penyusutan/Aset tetap kotor tahun lalu 6,33 - (9,212.00)

Beban pajak/laba sebelum pajak 37,80 (2,181,213.00) (2,367,099.00)

2017 - 2016 2017 - 2016 / 2016 Hasil estimasi tahun
2017 (%)

1,150,778.00 0.0279284476384 3%

760,638.00 0.0371784755299 4%

(9,212.00) -921200%

(185,886.00) 0.09 9%
 6,623,114.00 6,588,109.00 7,941,635.00 58% 58% 61%
4,827,360.00 4,704,258.00 5,173,388.00 42% 42% 39%
11,450,474.00 11,292,367.00 13,115,023.00

2015

2
42%
1
58%
 2016 2017

2 2
42% 39%

1 1 1
58% 58% 61%