ANALYSIS IMPACT OF TRANSFER SOME ASSETS PT TAMBANG TIMAH TO PT TIMAH (PERSERO) TBK ON THE PERFORMANCE AND EFFICIENCY PT TIMAH (PERSERO) TBK

• Main Author: Mahdalena (NIM. 29111421); Pembimbing : Prof. Dr. Ir. Sudarso Kaderi Wiryono, DEA, Eva
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/18429
• Institution: Institut Teknologi Bandung

ABSTRACT <br /> <br /> <br /> <br /> <br /> The independence program's subsidiary company PT Timah (Persero) (PT Tbk), PT Tambang Timah (PT TT), which resulted in leasing transactions buildings, machinery and equipment are charged by PT TT to PT Tbk for the use of buildings, machinery and equipment PT TT used by PT Tbk. PT Tbk is a tin ore mining company that hired the assets of its subsidiary, PT TT in the form of 5 (five) dredges for tin mining operations based on mining permission of PT Tbk with a total cost of lease per year is Rp. 40.202.862.562, - (include Value Added Tax) with a lease term of 5 (five) years. With the company's operational cost efficiency, then PT Tbk review if the cost of leasing this dredges is cheaper or more expensive than the dredges purchased by PT Tbk from PT TT. <br /> <br /> <br /> <br /> <br /> Analyzes are performed using analysis of Net Advantage to Leasing (NAL) is the total monetary <br /> <br /> <br /> savings that would result from lease an asset, as opposed to purchase it outright. The benefit of <br /> <br /> <br /> leasing is determined by comparing the present value cost of leasing the Present Value Cost of Buying, <br /> <br /> <br /> resulting in the difference in cost minus Rp. 33.396.774.648,-, which indicates that the lease option is not favorable compared dredges was purchased. <br /> <br /> <br /> <br /> <br /> Purchase or buying option of 5 (five) dredges can result in reduced efficiency with much less cash out <br /> <br /> <br /> money amounting to Rp. 90.257.696.866,- per year and can improve the performance of PT Tbk is shown in the Return on Assets (ROA) ratio is the measures the overall effectiveness of management in generating profits with its available assets, projected in 2013 to 11%, Return on Investment (ROI) ratio is ability of capital invested in total assets to generate net profit, projected in 2013 is 11%, and Return on Equity (ROE) ratio is the company's ability to provide the return on investment for their capital providers, projected in 2013 is 15%. <br /> <br /> <br /> <br /> <br /> Keywords: Leasing-Buying, Net Advantage to Leasing, ROA, ROI, ROE.