no | Keterangan | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
1 | Nopad | 104,635,654,046 | 85,290,630,281 | 56,717,007,248 | 341,955,561,038 | 1,833,091,225,132 | 2,371,597,631,781 |
2 | IC | 2,247,337,164,019 | 2,424,775,130,192 | 1,891,891,955,590 | 2,454,955,848,006 | 3,598,076,751,629 | 5,655,838,010,111 |
3 | WACC | 0.0399 | 0.05023 | 0.03937 | 0.1446 | 0.01582 | 1.13325 |
4 | CC | 89,668,752848.3581 | 121,796,454,789.544 | 74,483,786,291.5783 | 345,986,615,621.667 | 56,921,574,210.7707 | 6,420,810,924,958.29 |
5 | EVA | 14,966,901,197.6419 | -36,505,824,508.544 | -17,766,779,043.5783 | -4,031,054,583.667 | 1,776,169,650,921.22 | -4,049,213,293,177.29 |
Perhitungan WACC tahun 2005:
D : 4.869.355.435.973 X 100% = 49.391 %
9.858.705.506.115
rD : 4.525.970.387 X 100% = 0.09295%
4.869.355.435.973
Presentase pajak : 71.709.828.314 X 100% = 32.43297 %
221.101.641.472
Ekuity (E) : 4.809.350.070.142 X 100% = 48.78277 %
9.858.705.506.115
Cost of Equity : 1 = 0.08116
12.32134
WACC={0.49391 x 0.00093 (1- 0.32433)}+ (0.48783 x 0.08116)
= 0.00031 + 0.03959
= 0.0399
Perhitungan WACC tahun 2006
D : 4.609.901.191.621 X 100% = 44.31547 %
10.402.465.771.788
rD : 7.215.313.189 X 100% = 0.15652 %
4.609.901.191.621
Presentase pajak : 77.229.162.088 X 100 % = 31.95073 %
241.713.281.937
Equity : 5.792.564.580.167 X 100 % = 55.68453 %
10.402.465.771.788
Cost of Equity : 1 = 0.08936
11.19069
WACC = {0.44315 x 0.00157 (1- 0.31951)} + ( 0.55685 x 0.08936)
= 0.00047 + 0.04976
= 0.05023
Perhitungan WACC tahun 2007
D : 3.431.996.758.718 X 100% = 35.8285 %
9.578.957.780.232
rD : 2.117.268.262 X 100% = 0.06169 %
3.431.996.758.718
Presentase Pajak : 51.670.433.390 X 100 % = 31.47405 %
164.168.375.145
Equity : 6.146.961.021.514 X 100 % = 64.1715 %
9.578.957.780.232
Cost of Equity : 1 = 0.06112
16.36126
WACC = {0.35829 x 0.00062 (1- 0.31474)} + ( 0.64172 x 0.06112)
= 0.00015 + 0.03922
= 0.03937
Perhitungan WACC tahun 2008
D : 3.074.757.934.809 X 100 % = 29.63134 %
10.376.708.240.115
rD : 6.859.479.322 X 100 % = 0.22309 %
3.074.757.934.809
Presentase Pajak : 160.746.477.133 X 100 %= 29.86272 %
538.284.750.215
Equity : 7.301.950.305.306 X 100 % = 70.36866%
10.376.708.240.115
Cost of Equity : 1 = 0.20484
4.88186
WACC = {0.29631 x 0.00223 (1- 0.29863)} + ( 0.70369 x 0.20484)
= 0.00046 + 0.14414
= 0.1446
Perhitungan WACC tahun 2009
D : 1.986.487.392.359 X 100 % = 16.83605%
11.799.011.738.759
rD : 53.283.723.581 X 100 % = 2.68231 %
1.986.487.392.359
2.587.615.188.370
Equity : 9.812.524.346.400 X 100 % = 83.16395 %
11.799.011.738.759
Cost of Equity : 1 = 1.0151
0.98512
WACC = {0.16836 x 0.02682 (1 – 0.27796)} + (0.83164 x 1.0151)
=0.00326 + 0.01256
=0.01582
Perhitungan WACC tahun 2010
D : 1.826.480.656.332 X 100 %= 12.98908 %
14.061.665.333.836
rD : 127.327.656.594 X 100 % = 6.9712 %
1.826.480.656.332
Presentase Pajak : 757.624.410.046 X 100 % = 24.12902 %
3.139.888.659.152
Equity : 12.235.184.677.504 X 100 % = 87.01092 %
14.061.665.333.836
Cost of Equity : 1 = 1.29453
0.77248
WACC = { 0.12989 x 0.06971 (1- 0.24129)}+ (0.87011 x 1.29453)
= 0.00687 + 1.12638
= 1.13325