Lampiran 1 Paired Samples Statistics
Mean Pair 1
Pair 2
Pair 3
Pair 4
Pair 5
Pair 6
Pair 7
Std. Deviation
Std. Error Mean
Current Ratio Sebelum Akuisisi
1,2367
3
,12662
,07311
Investment Opportunity Set Sebelum Akuisisi
,0587
3
,02684
,01550
Current Ratio Sesudah Akuisisi
1,0300
3
,12124
,07000
Investment Opportunity Set Sesudah Akuisisi
,0690
3
,01778
,01026
Debt to Asset Ratio Sebelum Akuisisi
,4667
3
,03215
,01856
Investment Opportunity Set Sebelum Akuisisi
,0587
3
,02684
,01550
Debt to Asset Ratio Sesudah Akuisisi
,5040
3
,01637
,00945
Investment Opportunity Set Sesudah Akuisisi
,0690
3
,01778
,01026
Return on Asset Ratio Sebelum Akuisisi
,3667
3
,00577
,00333
Investment Opportunity Set Sebelum Akuisisi
,0587
3
,02684
,01550
Return on Asset Ratio Sesudah Akuisisi
,3767
3
,02082
,01202
Investment Opportunity Set Sesudah Akuisisi
,0690
3
,01778
,01026
2,4667
3
,12583
,07265
,0690
3
,01778
,01026
2,3900
3
,04000
,02309
,0690
3
,01778
,01026
Total Asset Turnover Sebelum Akuisisi Investment Opportunity Set Sesudah Akuisisi
Pair 8
N
Total Asset Turnover Sesudah Akuisisi Investment Opportunity Set Sesudah Akuisisi
Universitas Sumatera Utara
Paired Samples Correlations N Pair 1
Pair 2
Pair 3
Pair 4
Pair 5
Pair 6
Pair 7
Pair 8
Correlation
Sig.
Current Ratio Sebelum Akuisisi & Investment Opportunity Set Sebelum Akuisisi
3
-,988
,100
Current Ratio Sesudah Akuisisi & Investment Opportunity Set Sesudah Akuisisi
3
,292
,811
Debt to Asset Ratio Sebelum Akuisisi & Investment Opportunity Set Sebelum Akuisisi
3
,775
,436
Debt to Asset Ratio Sesudah Akuisisi & Investment Opportunity Set Sesudah Akuisisi
3
-,873
,325
Return on Asset Ratio Sebelum Akuisisi & Investment Opportunity Set Sebelum Akuisisi
3
-,979
,131
Return on Asset Ratio Sesudah Akuisisi & Investment Opportunity Set Sesudah Akuisisi
3
-,513
,657
Total Asset Turnover Sebelum Akuisisi & Investment Opportunity Set Sesudah Akuisisi
3
,805
,405
Total Asset Turnover Sesudah Akuisisi & Investment Opportunity Set Sesudah Akuisisi
3
-,731
,478
Universitas Sumatera Utara
Lampiran 2
Paired Samples Test Paired Differences
Std. Deviation
Std. Error Mean
1,17800
,15319
,08844
,79746
1,55854
13,319
2
,006
,96100
,11729
,06772
,66965
1,25235
14,192
2
,005
,40800
,02042
,01179
,35727
,45873
34,606
2
,001
,43500
,03305
,01908
,35291
,51709
22,800
2
,002
,30800
,03251
,01877
,22724
,38876
16,409
2
,004
,30767
,03361
,01940
,22419
,39115
15,857
2
,004
2,39767
,11202
,06468
2,11938
2,67595
37,071
2
,001
2,32100
,05437
,03139
2,18594
2,45606
73,941
Mean Pair 1
Pair 2
Pair 3
Pair 4
Pair 5
Pair 6
Pair 7
Pair 8
Current Ratio Sebelum Akuisis i - Investment Opportunity Set Sebelum Akuis isi Current Ratio Sesudah Akuisis i - Investment Opportunity Set Sesudah Akuis isi Debt to Ass et Ratio Sebelum Akuis isi Investment Opportunity Set Sebelum Akuisisi Debt to Ass et Ratio Sesudah Akuis isi Investment Opportunity Set Sesudah Akuisisi Return on Asset Ratio Sebelum Akuis isi Investment Opportunity Set Sebelum Akuisisi Return on Asset Ratio Sesudah Akuis isi Investment Opportunity Set Sesudah Akuisisi Total Asset Turnover Sebelum Akuis isi Investment Opportunity Set Sesudah Akuisisi Total Asset Turnover Sesudah Akuis isi Investment Opportunity Set Sesudah Akuisisi
95% Confidence Interval of the Difference Lower Upper
t
df
Sig. (2-tailed)
2 ,000 Universitas Sumatera Utara
Lampiran 3 One-S ample Kolm ogorov-Sm irnov Test
N Normal Parametersa,b Most E xtreme Differences
Mean St d. Deviat ion Absolute Positive Negative
Kolmogorov-Smirnov Z As ymp. Sig. (2-tailed)
Current Ratio Sebelum Ak uisisi 3 1,2367 ,12662 ,240 ,193 -,240 ,415 ,995
Current Ratio Sesudah Ak uisisi 3 1,0300 ,12124 ,385 ,282 -,385 ,667 ,766
Debt to As set Ratio Sebelum Ak uisisi 3 ,4667 ,03215 ,328 ,234 -,328 ,567 ,904
Debt to As set Ratio Sesudah Ak uisisi 3 ,5040 ,01637 ,263 ,263 -,198 ,456 ,985
Return on As set Ratio Sebelum Ak uisisi 3 ,3667 ,00577 ,385 ,282 -,385 ,667 ,766
Return on As set Ratio Sesudah Ak uisisi 3 ,3767 ,02082 ,292 ,292 -,212 ,506 ,960
Total A sset Turnover Sebelum Ak uisisi 3 2,4667 ,12583 ,219 ,219 -,189 ,380 ,999
Total A sset Turnover Sesudah Ak uisisi 3 2,3900 ,04000 ,175 ,175 -,175 ,303 1,000
Investment Opport unit y Set Sebelum Ak uisisi 3 ,0587 ,02684 ,307 ,307 -,221 ,532 ,939
Investment Opport unit y Set Sesudah Ak uisisi 3 ,0690 ,01778 ,299 ,299 -,215 ,518 ,952
a. Test distribution is Normal. b. Calculated from data.
Universitas Sumatera Utara
Lampiran 4 LAPORAN NERACA PT. UNILEVER INDONESIA TBK PERIODE 31 DESEMBER 2005 - 31 DESEMBER 2009 (Dalam Jutaan Rupiah) Keterangan
2005
2006
2007
2008
2009
AKTIVA LANCAR Kas dan Setara Kas Piutang Usaha Pihak ketiga Pihak Yang mempunyai hubungan istimewa Piutang Lain-lain Persediaan Pajak dibayar di muka Biaya dibayar di muka Jumlah Aktiva Lancar
705.369
1.014.379
437.224
722.347
858.322
415.466 41.681 19.515 766.081 37.122 45.128 2.030.362
615.939 37.268 32.363 763.398 89.859 51.346 2.604.552
665.952 67.407 37.815 857.463 117.628 63.492 2.694.667
840.53 115.245 38.148 1.284.659 31.113 71.253 3.103.295
1.133.460 124.461 87.334 1.340.036 13.399 41.781 3.598.793
32.479 21.305 1.495.659
13.27 25.217 1.724.663 159.067 64.088 35.143 2.021.448
2.674 25.283 2.559.875 74.817 665.737 58.596 14.459 3.401.441
2.918
172.556 60.827 29.163 1.811.989
3.925 37.521 2.199.810 81.263 217.124 64.689 34.407 2.638.739
3.035.915 68.371 672.550 55.058 51.385 3.886.197
3.842.351
4.626.000
5.333.406
6.504.736
7.484.990
AKTIVA TIDAK LANCAR Piutang lain-lain pada pihak yang mempunyai hubungan istimewa Aktiva pajak tangguhan, bersih Aktiva tetap Goodwill Aktiva tidak berwujud Aktiva lain-lain Biaya pensiun dibayar di muka Jumlah Aktiva Tidak Lancar JUMLAH AKTIVA
Universitas Sumatera Utara
Lampiran 5
Keterangan Penjualan Bersih Harga Pokok Penjualan
LAPORAN LABA RUGI PT. UNILEVER INDONESIA TBK PERIODE 31 DESEMBER 2005 - 31 DESEMBER 2009 (Dalam Jutaan Rupiah) 2005 2006 9,992,135 11,385,241 5,066,362 (5,704,438)
Laba Kotor Beban Usaha Beban Pemasaran dan Penjualan Beban Umum dan Administrasi Laba Usaha Penghasilan/(Beban) Lain-lain
2007 12,544,901 (6,247,189)
2008 15,577,811 (7,946,674)
2009 18,246,872 (9,200,878)
4,925,773 (2,895,371) (2,304,121) (591,250) 2,030,402 34,005
5,630,803 (3,195,943) (2,559,943) (635,490) 2,435,370 29,442
6,297,712 (3,520,352) (2,790,002) (730,350) -2,777,360 44,081
6,297,712 (3,520,352) (2,790,002) (730,350) 2,777,360 44,081
9,045,994 (4,831,103) (3,735,597) (1,095,506) 4,214,891 33,699
(3,055) 8,360 28,700
(6,160) -3,956 -39,538
1,120 8,446 41,291
1,120 8,446 32,025
444 2,413 30,842
Laba Sebelum Pajak Penghasilan
2,064,407
2,464,792
2,821,441
3,448,405
4,248,590
Beban Pajak Penghasilan
(624,421)
(743,754)
(859,294)
(1,036,643)
(1,205,236)
Laba Sebelum Hak Minoritas
1,439,985
1,721,038
1,962,147
2,411,762
3,043,354
499
557
2,505
-4,531
753
1,440,485
1,721,595
1,964,652
2,407,231
3,044,107
189
226
257
315
399
Kerugian Pelepasan Aktiva Tetap (Kerugian)/keuntungan selisih kurs, bersih Pendapatan Bunga
Hak Minoritas Atas Bagian Rugi Bersih Anaka Perusahaan Laba Bersih Laba Bersih Per Saham Dasar
Universitas Sumatera Utara
Lampiran 6 Perhitungan Rasio Keuangan PT. Unilever Indonesia Tbk Periode 2005-2009 1). Rasio Likuiditas Current Ratio (CR) CR =
Aktiva Lancar x 100 % Kewajiban Lancar
CR 2005 =
2.030.362 1.501.485
x 100 % = 135 %
CR 2006 =
2.604.552 2.057.451
x 100 % = 126 %
CR 2007 =
2.694.667 2.428.128
x 100 % = 110 %
CR 2008 =
3.103.295 3.091.111
x 100 % = 100 %
CR 2009 =
3.103.295 3.454.869
x 100 % = 89,8 %
2). Rasio Solvabilitas Debt to Asset Ratio (DAR) DAR =
Total Kewajiban x 100 % Total Aktiva
DAR 2005 =
1.658.391 x 100 % = 43,1 % 3.842.351
DAR 2006 =
2.249.381 x 100 % = 48,6 % 4.626.000
Universitas Sumatera Utara
DAR 2007 =
2.639.287 x 100 % = 49,4 % 5.333.406
DAR 2008 =
3.397.915 x 100 % = 52,2 % 6.504.736
DAR 2009 =
3.776.415 x 100 % = 50,4 % 7.484.990
3). Rasio Profitabilitas Return on Asset (ROA) ROA =
Laba Bersih Total Aktiva
ROA 2005
=
1.440.485 x 100 % = 37,4 % 3.842.351
ROA 2006
=
1.721.595 x 100 % = 37,2 % 4.626.000
ROA 2007
=
1.964.652 x 100 % = 36,8 % 5.333.406
ROA 2008
=
2.407.231 x 100 % = 37 % 6.504.736
ROA 2009
=
3.044.107 x 100 % = 40,6 % 7.484.990
4). Rasio Aktivitas Total Asset Turn Over (TATO) TATO =
Penjualan Bersih Total Aktiva
Universitas Sumatera Utara
TATO 2005 =
9.992.135 x 1 Kali = 2,6 Kali 3.842.351
TATO 2006 =
11.335.241 x 1 Kali = 2,4 Kali 4.626.000
TATO 2007 =
12.544.901 x 1 Kali = 2,3 Kali 5.333.406
TATO 2008 =
15.577.811 x 1 Kali = 2,3 Kali 6.504.736
TATO 2009 =
18.246.872 x 1 Kali = 2,4 Kali 7.484.990
Perhitungan Investment Opportunity Set PT. Unilever Indonesia Tbk 20052009. CEPBVA =
Nilai Buku Aktiva Tetap t - Nilai Buku Aktiva Tetap t - 1 Total Aktiva
CEPBVA 2005 =
1.495.659 - 1.384.402 x 100 % = 3,8 % 3.842.351
CEPBVA 2006 =
1.724.663 - 4.495.659 x 100 % = 4,9 % 4.626.000
CEPBVA 2007 =
2.199.810 - 1.724.663 x 100 % = 8,9 % 5.333.406
CEPBVA 2008 =
2.559.875 - 2.199.810 x 100 % = 5,5 % 6.504.736
CEPBVA 2009 =
3.035.915 - .2.559.875 x 100 % = 6,3 % 7.484.990
Universitas Sumatera Utara
