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1. LAPORAN NERACA
2. LAPORAN RUGI LABA
3. ANALISIS RASIO
4. ANALISIS DUPONT
5. PROFORMA RUGI LABA
6. PROFORMA NERACA
7. ANALISIS RASIO (PROFORMA)
8. ANALISIS DUPONT (PROFORMA)
9. ANALISIS SENSITIVITAS
HOME
Nama Perusahaan Yang Akan Di Analisa PT Bumi Resource Tbk
Tahun Terakhir Laporan Keuangan 2016
Analisis Horizontal & Vertikal
Analisis Horizontal & Vertikal Laporan Keuangan pada BUMI RESOURCES Sebagai Berikut :

LAPORAN NERACA PT Bumi Resource Tbk

URAIAN 2014 2015 2016 Analisis Vertikal Analisis Horizontal
2014 2015 2016 2015 2016
HARTA
HARTA LANCAR
Kas dan Bank 19,354,079 21,117,623 15,326,322 0.43% 0.62% 0.49% 9.11% -27.42%
Piutang Usaha - 923,899 - 0.00% 0.03% 0.00% #DIV/0! -100.00%
Piutang Lain-lain 645,657,041 515,435,994 512,067,392 14.35% 15.19% 16.51% -20.17% -0.65%
Tagihan pajak 620,821 236,092 9,742 0.01% 0.01% 0.00% -61.97% -95.87%
Biaya dibayar dimuka 114,249 52,639 837,098 0.00% 0.00% 0.03% -53.93% 1490.26%
Aset lancar lainnya 98,928,460 4,195,929 906,666 2.20% 0.12% 0.03% -95.76% -78.39%
Total Harta Lancar ### ### ### 16.99% 15.97% 17.06% -29.13% -2.36%
HARTA TETAP
Nilai Perolehan
Aset tetap - Neto 217,141,975 226,265,069 224,267,330 4.83% 6.67% 7.23% 4.20% -0.88%
Aset eksplorasi & evaluasi 538,053,774 327,252,279 329,172,150 11.96% 9.64% 10.61% -39.18% 0.59%
Properti pertambangan - neto 587,088,903 581,385,625 578,954,482 13.05% 17.13% 18.66% -0.97% -0.42%
Jumlah Nilai Perolehan ### ### ### 29.83% 33.44% 36.50% -15.45% -0.22%
Harta Tetap (Net) ### ### ### 29.83% 33.44% 36.50% -15.45% -0.22%
PROYEK DALAM KONSTRUKSI - - - 0.00% 0.00% 0.00% #DIV/0! #DIV/0!
ASET TIDAK LANCAR
Aset tidak lancar lainnya ### ### ### 53.17% 50.60% 46.44% -28.22% -16.11%
Harta Lain-lain (net) ### ### ### 53.17% 50.60% 46.44% -28.22% -16.11%
TOTAL HARTA ### ### ### 100.00% 100.00% 100.00% -24.56% -8.61%

HUTANG DAN EKUITAS

HUTANG LANCAR
Hutang Usaha 11,223,027 62,123,508 51,539,041 0.25% 1.83% 1.66% 453.54% -17.04%
Hutang jangka pendek 193,897,249 220,780,034 190,961,331 4.31% 6.50% 6.16% 13.86% -13.51%
Hutang lainnya 216,441,669 272,326,767 287,609,558 4.81% 8.02% 9.27% 25.82% 5.61%
Hutang Dividend - - - 0.00% 0.00% 0.00% #DIV/0! #DIV/0!
Beban akrual jangka pendek 259,113,576 746,188,931 31,180,423 5.76% 21.98% 1.01% 187.98% -95.82%
Hutang pajak 196,609,908 193,919,951 202,881,301 4.37% 5.71% 6.54% -1.37% 4.62%
Maturities of Bonds Payable ### ### 94,268 90.27% 117.22% 0.00% -2.04% -100.00%
Total Hutang Lancar ### ### ### 109.77% 161.28% 24.64% 10.84% -86.04%
HUTANG JANGKA PANJANG
Hutang Bank Jangka Panjang 410,754,017 825,035,335 ### 9.13% 24.31% 165.13% 100.86% 520.91%
TOTAL HUTANG ### ### ### 118.90% 185.58% 189.77% 17.75% -6.54%
HAK MINORITAS 0.00% 0.00% 0.00% #DIV/0! #DIV/0!
EKUITAS
Modal disetor 942,649,338 942,649,338 945,034,070 20.95% 27.77% 30.46% 0.00% 0.25%
Kumulatif Laba Tahun Lalu 660,103,477 211,693,567 ### 14.67% 6.24% -63.63% -67.93% -1032.38%
Laba tahun berjalan ### ### ### -9.97% -64.39% -4.48% 387.38% -93.64%
Total Ekuitas ### ### ### 25.66% -30.38% -37.64% -189.33% 13.25%
TOTAL HUTANG dan EKUITAS ### ### ### 144.55% 155.20% 152.12% -19.00% -10.42%
LAPORAN RUGI LABA PT Bumi Resource Tbk
URAIAN 2014 2015 2016 Analisis Vertikal Analisis Horizontal
2014 2015 2016 2015 2016
Penjualan 61,928,455 40,506,538 23,372,429 100.00% 100.00% 100.00% -34.59% -42.30%
Harga Pokok Penjualan 5,716,059 - - 9.23% 0.00% 0.00% -100.00% #DIV/0!
Laba Kotor 56,212,396 40,506,538 23,372,429 90.77% 100.00% 100.00% -27.94% -42.30%
Biaya Operasional dan Pemasaran
Biaya Administrasi dan Umum 130,389,142 49,881,338 28,758,295 210.55% 123.14% 123.04% -61.74% -42.35%
Total Biaya Operasional dan P ### 49,881,338 28,758,295 210.55% 123.14% 123.04% -61.74% -42.35%
Laba Operasi ### (9,374,800) (5,385,866) -119.78% -23.14% -23.04% -87.36% -42.55%
Biaya Bunga 846,327,193 453,223,802 254,825,478 1366.62% ### 1090.28% -46.45% -43.77%
Pendapatan (Biaya) lain-lain 557,126,085 ### 250,827,312 899.63% ### 1073.18% -383.23% ###
Laba (rugi) sebelum pajak ### ### (9,384,032) -586.77% ### -40.15% 461.55% -99.54%
Pajak 85,032,056 144,915,861 129,639,742 137.31% 357.76% 554.67% 70.42% -10.54%
Hak Minoritas 0.00% 0.00% 0.00% #DIV/0! #DIV/0!
Laba Bersih ### ### ### -724.08% ### -594.82% 387.38% -93.64%
ANALISIS RASIO PT Bumi Resource Tbk
Rasio-Rasio Historis
2014 2015 2016
Rasio Likuiditas
Net Working Capital ### ### ###
Current Ratio 15% 10% 69%
Quick Ratio 15% 10% 69%
Cash Ratio 0% 0% 2%
Rasio Aktivitas
Receivable Turnover 7% 6% 3%
Average Collection Period 507392% 620382% 1066240%
Fixed Asset Turnover 5% 4% 2%
Total Asset Turnover 1% 1% 1%
Rasio Solvabilitas/Leverage
Time Interest Earned -9% -2% -2%
Debt to Equity Ratio 463.442% -610.897% -504.118%
Debt Ratio 82.252% 119.573% 124.745%
Rasio Profitabilitas
Gross Profit Margin 90.770% 100.000% 100.000%
Operating Margin -119.778% -23.144% -23.044%
Pretax Margin -586.770% -5037.618% -40.150%
Profit Margin -724.077% -5395.377% -594.820%
Return on Asset -9.966% -64.387% -4.481%
Return ont Total Capital 13.245% -50.086% 117.214%
Return on Equity -38.845% 211.948% 11.905%
Altman's Z Score (1.088) (2.555) (1.043)
ANALISIS DUPONT PT Bumi Resource Tbk
ROE
### -56.15%
### ###
### 18.11%

ROA Equity Multplier

### -9.97% #VALUE! ###
### -64.39% #VALUE! ###
### -4.48% #VALUE! ###

PM TATO
### ### ###
### ### ###
### ### ###

NI SALES SALES
### ### ### ### 2014 ###
### ### ### ### 2015 ###
### ### ### ### 2016 ###
Equity Multplier
5.634
(5.109)
(4.041)

TATO
0.014
0.012
0.008

Total Assets
### ###
### ###
### ###
PROFORMA RUGI LABA PT Bumi Resource Tbk
Asumsi yang dibutuhkan
Kenaikan penjualan per tahun 20%
Tingkat Pajak 30%

ProForma Rugi Laba

URAIAN 2016 % on Sales 2017
Penjualan 23,372,429 100.00% 28,046,915
Harga Pokok Penjualan - 0.00% -
Laba Kotor ### ### ###
Biaya Operasional dan Pemasaran
Upah/Gaji - 0.00% -
Biaya Administrasi dan Umum 28,758,295 123.04% 34,509,954
Biaya Pemasaran - 0.00% -
Biaya Depresiasi - 0.00% -
Biaya Amortisasi - 0.00% -
Biaya Asuransi - 0.00% -
Total Biaya Operasional dan Pemasara ### ### ###
Laba Operasi (5,385,866) (6,463,039)
Biaya Bunga 254,825,478 254,825,528
Pendapatan (Biaya) lain-lain 250,827,312 ### 300,992,774
Laba (rugi) sebelum pajak (9,384,032) -40.15% ###
Pajak 129,639,742 11,911,262
Hak Minoritas - 0.00% -
Laba Bersih ### ### ###
 2018 2019
33,656,298 40,387,557
- -
### ###

- -
41,411,945 49,694,334
- -
- -
- -
- -
### ###
(7,755,647) (9,306,776)
254,825,578 254,825,628
361,191,329 433,429,595
### ###
29,583,031 50,789,157
- -
### ###
PROFORMA NERACA PT Bumi Resource Tbk
Asumsi yang dibutuhkan
Kenaikan penjualan per tahun 20%
Presentase Eksternal Financing
- Hutang Bank 40%
- Hutang Jangka Panjang 60%
Retention Rate 60%

PROFORMA NERACA PT Bumi Resource Tbk

URAIAN 2016 % on Sales 2017 2018
HARTA
HARTA LANCAR
Kas dan Bank 15,326,322 65.57% 18,391,586 22,069,904
Piutang Usaha - 0.00% - -
Piutang Lain-lain 512,067,392 ### 614,480,870 737,377,044
Persediaan
- Bahan Baku - 0.00% - -
- Barang dalam proses - 0.00% - -
- Barang Jadi - 0.00% - -
- Bahan Bakar - 0.00% - -
Uang Muka 9,742 0.04% 11,690 14,028
Biaya dibayar dimuka 837,098 3.58% 1,004,518 1,205,421
Aset lancar lainnya 906,666 3.88% 1,087,999 1,305,599
Total Harta Lancar ### ### ### ###
HARTA TETAP
Nilai Perolehan
Tanah 224,267,330 959.54% 269,120,796 322,944,955
Bangunan 329,172,150 ### 395,006,580 474,007,896
Mesin-mesin dan peralatan 578,954,482 ### 694,745,378 833,694,454
Kendaraan - 0.00% - -
Peralatan Kantor - 0.00% - -
Utilities - 0.00% - -
Jumlah Nilai Perolehan ### ### ### ###
Akumulasi Penyusutan - - -
Harta Tetap (Net) ### ### ### ###
PROYEK DALAM KONSTRUKS -
HARTA LAIN-LAIN
Biaya Pra-Operasi ### ### ### ###
Akumulasi Amortisasi - - -
Harta Lain-lain (net) ### ### ### ###
TOTAL HARTA ### ### ### ###

HUTANG DAN EKUITAS

HUTANG LANCAR
Hutang Usaha 51,539,041 220.51% 61,846,849 74,216,219
Hutang Bunga 190,961,331 817.04% 229,153,597 274,984,317
Hutang Pajak 287,609,558 ### 345,131,470 414,157,764
Hutang Dividend - 0.00% - -
Biaya yang masih harus dibayar 31,180,423 133.41% 37,416,508 44,899,809
Hutang Bank Jangka Pendek 202,881,301 868.04% ### ###
Hutang Lain-lain 94,268 0.40% 113,122 135,746
Total Hutang Lancar ### ### ###
HUTANG JANGKA PANJANG
Hutang Bank Jangka Panjang ### ### ###
TOTAL HUTANG ### ### ###
HAK MINORITAS - 0.00% - -
EKUITAS
Modal disetor 945,034,070 945,034,070 945,034,070
Kumulatif Laba Tahun Lalu ### ### ###
Laba tahun berjalan ### 16,675,767 41,416,244
Total Ekuitas ### ### ###
TOTAL HUTANG dan EKUITAS ### ### ###

Kebutuhan dana dari luar ### ###

 2019

26,483,884
-
884,852,453

-
-
-
-
16,834
1,446,505
1,566,719
###

387,533,946
568,809,475
###
-
-
-
###
-
###

###
-
###
###

89,059,463
329,981,180
496,989,316
-
53,879,771
###
 162,895
###

###
###
-

945,034,070
###
71,104,820
###
###

###
ANALISIS RASIO (PROFORMA) PT Bumi Resource Tbk
Rasio-Rasio Historis Proyeksi
2014 2015 2016 2017 2018 2019
Rasio Likuiditas
Net Working Capital ### ### ### ### (2,352,505,811) ###
Current Ratio 0.155 0.099 0.692 0.228 0.245 0.261
Quick Ratio 0.155 0.099 0.692 0.228 0.245 0.261
Cash Ratio 0.004 0.004 0.020 0.007 0.007 0.008
Rasio Aktivitas
Receivable Turnover 0.072 0.059 0.034 0.034 0.034 0.034
Average Collection Period 5,073.916 6,203.817 ### 10,662.398 10,662.398 10,662.398
Fixed Asset Turnover 0.046 0.036 0.021 0.010 0.010 0.010
Total Asset Turnover 0.014 0.012 0.008 0.006 0.006 0.006
Rasio Solvabilitas/Leverage
Time Interest Earned (0.088) (0.021) (0.021) (0.025) (0.030) (0.037)
Debt to Equity Ratio 463.442% -610.897% -504.118% -516.417% -592.385% -703.572%
Debt Ratio 82.252% 119.573% 124.745% 124.014% 120.309% 116.568%
Rasio Profitabilitas
Gross Profit Margin 90.770% 100.000% 100.000% 100.000% 100.000% 100.000%
Operating Margin -119.778% -23.144% -23.044% -23.044% -23.044% -23.044%
Pretax Margin -586.770% -5037.618% -40.150% 141.564% 292.992% 419.182%
Profit Margin -724.077% -5395.377% -594.820% 99.094% 205.094% 293.427%
Return on Asset -9.966% -64.387% -4.481% 0.580% 1.263% 1.891%
Return ont Total Capital 13.245% -50.086% 117.214% 4.301% 4.528% 4.736%
Return on Equity -38.845% 211.948% 11.905% -2.414% -6.220% -11.411%
Altman's Z Score (1.088) (2.555) (1.043) (1.148) (1.042) (0.937)
- Nilai Pasar Ekuitas 4,545,656
(Harga Saham * Saham
Outstanding)
ANALISIS DUPONT (PROFORMA) PT Bumi Resource Tbk
ROE
### ###
### ###
### ###
0 ### -2.414%
0 ### -6.220%
0 ### ###

ROA Equity Multplier

### -9.966% #VALUE! ###
### -64.387% #VALUE! ###
### -4.481% #VALUE! ###
0 ### 0.580% 1 ###
0 ### 1.263% 1 ###
0 ### 1.891% 1 ###

PM TATO
### ### ###
### ### ###
### ### ###
### 99.094% ###
### 205.094% ###
### 293.427% ###

NI SALES SALES
### ### ### ### 2014 ###
### ### ### ### 2015 ###
### ### ### ### 2016 ###
### 27,792,945 ### ### 2017 ###
### 69,027,073 ### ### 2018 ###
### 118,508,033 ### ### 2019 ###
Equity Multplier
5.634
(5.109)
(4.041)
(4.164)
(4.924)
(6.036)

TATO
0.014
0.012
0.008
0.006
0.006
0.006

Total Assets
### ###
### ###
### ###
### ###
### ###
### ###
ANALISIS SENSITIVITAS PT Bumi Resource Tbk
Asumsi
Kenaikan Penjualan 20.00%
Batas Bawah 10.00%
Batas Atas 30.00%

ANALISIS SENSITIVITAS PT Bumi Resource Tbk

Rasio-rasio 2017
Kenaikan Penjualan 20.00% 10.00% 12.00% 14.00%
Rasio Likuiditas
Net Working Capital ### ### ### ###
Current Ratio 0.228 0.220 0.222 0.224
Quick Ratio 0.228 0.220 0.222 0.224
Cash Ratio 0.007 0.006 0.006 0.006
Rasio Aktivitas
Receivable Turnover 0.034 0.034 0.034 0.034
Average Collection Period ### ### ### ###
Fixed Asset Turnover 0.010 0.010 0.010 0.010
Total Asset Turnover 0.006 0.006 0.006 0.006
Rasio Solvabilitas/Leverage
Time Interest Earned (0.025) (0.023) (0.024) (0.024)
Debt to Equity Ratio -516.417% -488.664% -494.175% -499.706%
Debt Ratio 124.014% 125.729% 125.369% 125.018%
Rasio Profitabilitas
Gross Profit Margin 100.000% 100.000% 100.000% 100.000%
Operating Margin -23.044% -23.044% -23.044% -23.044%
Pretax Margin 141.564% 58.966% 76.666% 93.744%
Profit Margin 99.094% 41.276% 53.666% 65.621%
Return on Asset 0.580% 0.235% 0.307% 0.378%
Return ont Total Capital 4.301% 4.187% 4.211% 4.234%
Return on Equity -2.414% -0.914% -1.212% -1.511%
Altman's Z Score (1.148) (1.199) (1.189) (1.178)
 Sensitivitas
16.00% 18.00% 20.00% 22.00% 24.00% 26.00% 28.00%

### ### ### ### ### ### ###

0.225 0.227 0.228 0.230 0.231 0.233 0.234
0.225 0.227 0.228 0.230 0.231 0.233 0.234
0.007 0.007 0.007 0.007 0.007 0.007 0.007

0.034 0.034 0.034 0.034 0.034 0.034 0.034

### ### ### ### ### ### ###
0.010 0.010 0.010 0.010 0.010 0.010 0.010
0.006 0.006 0.006 0.006 0.006 0.006 0.006

(0.025) (0.025) (0.025) (0.026) (0.026) (0.027) (0.027)

-505.256% -510.826% -516.417% -522.027% -527.657% -533.308% -538.979%
124.676% 124.341% 124.014% 123.695% 123.383% 123.078% 122.780%

100.000% 100.000% 100.000% 100.000% 100.000% 100.000% 100.000%

-23.044% -23.044% -23.044% -23.044% -23.044% -23.044% -23.044%
110.234% 126.164% 141.564% 156.458% 170.872% 184.829% 198.349%
77.164% 88.315% 99.094% 109.521% 119.611% 129.380% 138.844%
0.447% 0.514% 0.580% 0.644% 0.707% 0.768% 0.828%
4.257% 4.279% 4.301% 4.322% 4.343% 4.364% 4.384%
-1.811% -2.112% -2.414% -2.718% -3.022% -3.328% -3.635%
(1.168) (1.158) (1.148) (1.139) (1.130) (1.121) (1.112)
 30.00%

###
0.235
0.235
0.007

0.034
###
0.010
0.006

(0.027)
-544.671%
122.489%

100.000%
-23.044%
211.453%
148.017%
0.887%
4.403%
-3.942%
(1.103)