Transcript Pertemuan 02 Analisis Arus Kas Matakuliah : F0392/Simulasi Perdagangan di Bursa Efek

Matakuliah
Tahun
Versi
: F0392/Simulasi Perdagangan di Bursa Efek
: 2005
: 1/3
Pertemuan 02
Analisis Arus Kas
1
Learning Outcomes
Pada akhir pertemuan ini, diharapkan mahasiswa
akan mampu :
• Menerapkan analisis arus kas dari
kegiatan operasi, investasi dan
pembiayaan
2
Outline Materi
• Cashflow from Operating Activities
• Cashflow from Investing Activities
• Cashflow from Financing Activities
3
Cash Flow Analysis
Operating Cashflow
+
Investment Cashflow
+
Financing Cashflow
Decreasing or
Increasing in Cash
4
Cash Flow Analysis
• Kenaikan Aktiva
• Penurunan Akitiva
= Usages
= Sources
• Kenaikan Pasiva
• Penurunan Pasiva
= Sources
= Usages
5
Sources of Cashflow
Operating Cash Inflow
• Generation of funds in normal operations
Investing Cash Inflow
• Sale of plant and equipments
• Liquidation of long-term investment
Financing Cash Inflow
• Sale of bonds or stocks
• Sale of other securities
6
Usages of Cashflow
Operating Cash Inflow
• Expenditure of funds in normal operations
Investing Cash Inflow
• Purchase of plant and equipments
• Long-term investments
Financing Cash Inflow
• Retirement or repurchase of bonds or stocks
• Repurchase other securities
• Payment of cash dividend
7
Ex : Sources and Usages
2001
Cash
10
A/R
170
Inventory
160
Investments
20
Net Plant & Equips 440
Total 800
Curr.Liabilities
45
Long-term Liab.
205
Common Stocks 200
Retained Earnings 350
Total 800
2002 Usages
20
10
200
30
180
20
50
30
500
60
950
80
370
200
300
50
950 200
Sources
35
165
200
.
.
8
Operating Cashflow
Net Income
Depreciation expense
Increase in Curr.Assets
Decrease in Curr.Assets
Increase in Curr. Liab.
Net Operating Cashflow
+ 110 (preassumed)
+ 50 (preassumed)
- 60 (Cash+A/R+Inventory)
+ 0
+ 35
+ 135 inflow
9
Investment Cashflow
Decrease in investments
Increase in investments
Increase in Plant & Equips
Net Investment Cashflow
+ 0
– 30
– 60
– 90 outflow
10
Financing Cashflow
Increase in Long-term Liab.
Decrease in Long-term Liab.
Increase in stocks
Decrease in stocks
Increase in R/E
Decrease in R/E
Net Financing Cashflow
+ 165
0
+ 0
0
+ 0
- 50
+ 115 inflow
11
Net Cashflow
• Operating Cashflow + 135
• Investment Cashflow - 90
• Financing Cashflow + 115
Net Cashflow
+ 160
12
Tugas
Kerjakan dan kumpulkan pada Pert 03
• Tugas 02-1
• Tugas 02-2
• Tugas 02-3
13