Sales

COGS
Gross profit
Selling and administrative expenses
Depreciation expenses
Amortazition expenses
interest expenses
income before income taxes
Income taxes
Net Income

Income Statement
8,000,000
6,000,000
2,000,000
500,000
200,000
20,000
180,000
1,100,000
275,000
825,000

Balance Sheet
Asset
Cash
Account Receivable
Inventory
Total Current assets
Property and equipment
less: Accumulated deprec
Patent, net
Total assets

550,000
600,000
800,000
1,950,000
2,000,000
200,000
80,000
3,830,000

Income Statement
Sales
COGS
Gross profit
Selling and administrative expenses
Depreciation expenses
Amortazition expenses
interest expenses
income before income taxes
Income taxes
Net Income
Retained Earning, 1/1/year 1
Net Income, Year 1
Less : Dividend 12/1/year 1
Retained earnings, 12/31/year 1

8,000,000
6,000,000
2,000,000
500,000
200,000
20,000
180,000
1,100,000
275,000
825,000
825,000
325,000
500,000

BALANCE Sheet December 31

Asset
Cash
Account Receivable
Inventory
Total Current assets
Property and equipment
less: Accumulated deprec
Patent, net
Total assets
Liabilities and Equity
Account Payable
Total current liabilities
Long term debt
Total Liabilities
Capital stock
Retained Earnings
Cumulative translation adjustment
total equity
Total Liabilities and Equity

550,000
600,000
800,000
1,950,000
2,000,000
200,000
80,000
3,830,000
330,000
330,000
2,000,000
2,330,000
1,000,000
500,000
1,500,000
3,830,000

Liabilities and Equity

Account Payable
Total current liabilities
Long term debt
Total liabilities
capital stock
retained earnings
Total

Translation rate
0,95 (A)
0,95 (A)
0,95
0,95
0,95
0,95

(A)
(A)
(A)
(A)

0,95 (A)

0,92 (H)

t December 31

330,000
330,000
2,000,000
2,330,000
1,000,000
500,000
3,830,000

7,600,000
5,700,000
1,900,000
475,000
190,000
19,000
171,000
1,045,000
261,250
783,750

783,750
299,000
484,750

0.95
0.95
0.95
0.95
0.95
0.95
0.95
0.95
0.95
0.95

0,9 (C)
0,9 (C)
0,9 (C)
0,9 (C)
0,9 (C)
0,9 (C)

0,9 (C)
0,9 (C)
1,00 (H)

0,9 (C)

495,000
540,000
720,000
1,755,000
1,800,000
180,000
72,000
3,447,000
297,000
297,000
1,800,000
2,097,000
1,000,000
484,750
134,750
1,350,000
3,447,000

0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9

Derivative
1

strike price 8500

diman mr. B bisa membeli kepada dealer sejumlah
karena spot rate 15/11/2014 = 9100, maka akan mengguntungkan bila Brejl melakukan
yg berarti ia membeli 15000 dengan harga strike 8500, sehingga untung sbb :
15000 X (9100-8500) = 9,000,000
artinya beli dari dealer 8500 dan dijual dengan harga 9100, eksekusi call
Pola arus Kas Currency Swap
1 Y = 300
100000Y = 30000000
1. Initial exchange of principal
PT A
Bank
PT B
100,000 Y
100,000 Y
Haneda
Rp 30,000,000
Rp 30,000,000
2. Annual Interest payments
PT A
Rp3,600,000 Bank
Haneda
8,000 Y
3. Re-exchange of swap principal at maturity
PT A
Bank
Rp 30,000,000
Haneda
100,000 Y

Rp3,600,000

PT B

8,000 Y

Rp 30,000,000

PT B

100,000 Y

Soal 2
Tanggal
Purchases
12/1/2013
Forward contract
rupiah due to bank
12/31/2013 foreign exchange loss
forward contract
'01/02/2013 Rupiah due to bank
foreign currency
A/P
for.exch loss

Soal IV
1

5,000*7800
A/P
kas

4500*7800
500*7800
4500*7900
0

4500*(7800-7900)
A/P
450000
450000
for.exchange gain
450000
4500*7900
cash
0
4500*8000
forward contract
36,000,000
0
450,000
Foreign. Currency
36,000,000

Penghasilan di Indonesia
4000000
pajak (27%)
1080000
batas kredit pajak
Singapura
1,000,000 *(5000000*27%)
4,000,000
kredit = 40%*1000000=400,000

337500

Jepang

300,000
4,000,000
*(4,300,000*27%)
kredit = 25%*300,000=75,000
uk rugi seingga tidak ada kredit pajak
2

Pajak
Laba Sebelum Pajak
Foreign income tax 25%
laba setelah pajak
dividend paid (50%)
withholding tax (10%)
Net Payment to parent
Us Income
dividend gross up
taxable income
us tax 35 %
foreign tax credit
paid
deemed paid
Us Tax

1,000,000
250,000
750,000
375,000
37,500
337,500
375,000
125,000
500,000
175,000

125,000

(37,500)
(125,000)
12,500
PT X

Laba sebelum pajak

Pajak Pengahsilan
Laba Setelah pajak
Dividen
Pajak LN yg diangap tla dibyar
Total
yg boleh untk PT X : 300/480X365
yg boleh utk PT Y : 300/440*360

87.075

PT Y
300

228

PT Z
600
120
480
300
245
365

800
360
440
300

i kepada dealer sejumlah 15000

ngkan bila Brejl melakukan exercise Call option
gga untung sbb :

eksekusi call

500*7800

6,000,000

6,000,000

30,000,000
3,600,000

Soal 3 Pinjaman
Tanggal
1/1/2013 Cash
N/P
3/31/2013 For.ex loss
N/P
Interest expense
For.ex loss
Cash
9/30/2013 N/P
For.exc gain
Interest expense
For.exc loss
cash
12/31/2013 Interest expense
For.exc loss
cash

300000

7800*100000
100,000*(7900-7800)
100,000*3/12*0,07*7850

10,000,000
100,000*3/12*0,07*7850
87500
100,000*3/12*0,07*7850
87500

375000
750000

7800*100000
000*(7900-7800)
10,000,000
000*3/12*0,07*7850
87500
100,000*3/12*0,07*7900

10,000,000
000*3/12*0,07*7850

13825000
000*3/12*0,07*7850
13825000

10,000,000

250000

375000
125000
500000
175000
125000
37500
162500
12500

35%

TRANSFER PRICING
a)
Penjualan
HPP
Laba Kotor
Beban Operasi
Laba senelum Pajak
PPh 25%/35%
Laba bersih
c)

d)

PT Cipred USA coy

Konsolidasi
500,000
750,000
750,000
300,000
500,000
300,000
200,000
250,000
450,000
150,000
150,000
300,000
50,000
100,000
150,000
12,500
35,000
47,500
37,500
65,000
102,500

PT Cipred
400,000
300,000
100,000
150,000
(50,000)

HPP = 400000
jual = 725000
Penjualan
HPP
Laba Kotor
Beban Operasi
Laba senelum Pajak
PPh 25%/35%
Laba bersih

PT Cipred USA coy

Konsolidasi
400,000
725,000
725,000
300,000
400,000
300,000
100,000
325,000
425,000
150,000
150,000
300,000
(50,000) 175,000
125,000
61,250
43,750
113,750
81,250

a)
Penjualan
HPP
Bea masuk (20 %)
Laba Kotor
Beban Operasi
Laba senelum Pajak
PPh 25%/35%
Laba bersih

PT Cipred USA coy

Konsolidasi
475,000
750,000
750,000
300,000
475,000
300,000
95,000
95,000
175,000
180,000
355,000
150,000
150,000
300,000
25,000
30,000
55,000
6,250
10,500
16,750
18,750
19,500
38,250

Bea Masuk 95000

Income Tax 16750
Selisih
e)

b)

Resale
Margin 20 %
resale method

b)

105,000
18,750
10000 dan 2000
750,000
150,000
500,000

cost plus

300,000 +(300,000x20%)
=300,000+60.000
360,000

USA coy
Konsolidasi
750,000
750,000
400,000
300,000
350,000
450,000
150,000
300,000
200,000
150,000
70,000
70,000
130,000
80,000

PT Cipred USA coy

Konsolidasi
525,000
750,000
750,000
300,000
525,000
300,000
105,000
105,000
225,000
120,000
345,000
150,000
150,000
300,000
75,000
(30,000)
45,000
18,750
18,750
56,250
26,250

00,000x20%)

SOAL II
Balance Sheet
Assets
Cash
Receivables
Inventory
Total current aset
Property and equipment
Total assets
liability and equity
liabilities
capital stock
R/E 12/31//2012
Total liablities and equity

RP
Translation
50,000
6,275
90,000
6,275
72,000
6,250
212,000
240,000
6,450
452,000
186,000
50,000
216,000
452,000

6,275
7,000

$
313,750,000
564,750,000
450,000,000
1,548,000,000
1,167,150,000
350,000,000
-