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ANALISIS RETURN ON INVESTMENT PROYEK PEMBANGUNAN GOR KEROBOKAN TERHADAP PENGGUNAAN MODAL KERJA KONTRAKTOR A.A. Wiranata
Jurnal Ilmiah Teknik Sipil Vol. 16, No. 1 Januari 2012
Publisher : Department of Civil Engineering, Udayana University

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Abstract

Evaluation on Cash Flow Project shows that cash inflows experiencingdelays during June, July, August and November 2008. This however, is overcomeby the use of working capital. It indicates that such project is sufficiently liquid.Project profitability of GOR Kerobokan in Badung regency reached Operating /Profit Margin of 15.1% indicating the company’s ability to generate operatingprofit in one period of the project amounted to 15.1%. The analysis shows that ROI= 16,827%, ROIbefore tax = 28.573% and ROIafter tax = 20.001%. These ROIs aregreater than the profit margins that amounted to 15.1% and the effective rate of15% per years. The investment analysis shows that NPV = IDR 77,672,800.77using the discount rate (i) of 3%. The NPV is positive (+), the IRR = 3.196% permonth and BCR = 1.0095. The IRR is larger than bank (BPD Bali) interest rate of1.25% per month (IRR > i). BCR is greater than 1 indicating that GOR KerobokanDevelopment Project is financially feasible.