ANALISIS KINERJA KEUANGAN KUD BANYUMANIK DI KOTA SEMARANG

Khoirotunnisak. H 0304082. 2008. Financial Performance Analysis of KUD Banyumanik of Semarang City. Under guidance of Setyowati, SP, MP and R. Kunto Adi, SP, MP. Agricultural Faculty of Surakarta Sebelas Maret University. The research aims to know complete picture about finance condition of KUD Banyumanik Semarang City evaluated from liquidity, solvability, rentability, and activity ratios and also know growth of balance sheet and income statement evaluated from trend analysis and common size percentage analysis. The basic method employed in this study was a descriptive method and the research location selection done in intend that is in KUD Banyumanik Semarang City. Data used is secondary data and primary data with technique of collecting data employed was record keeping and interview. Method of analyzing data used analysis ratio consist of liquidity, solvability, rentability, and activity ratios and also trend analysis and common size percentage analysis. The examination result shows if we see from liquidity ratio, current ratio, quick ratio, and cash ratio, it shows in good position because it is been above the standard needed, it means that cooperation is able to pay current liabilities using its currents asset. From solvability ratio, total debt to equity ratio and total debt to total capital ratio, it shows in bad position because cooperation is not able to pay the current liabilities using its own capital but also able to pay the liabilities using all the properties they have. Cooperation earning power seen from Return of Investment (ROI) and Return of Equity (ROE) still low because it is below the standard. Activity ratio shows inventory and fixed asset turnover shows good preference, but total asset and receivable turnover are below the standard because still less effective in use. The trend percentage in balance and the common profit and loss report shows decreasing trend. The decreasing because KUD is undeveloped that causes decreasing net income. Common size percentage analysis in asset shows that the greatest percentage in member credit, whereas in liabilities shows that bank debt is the greatest component from total liabilities in 2002-2004 and non member debt is the greatest component from total liabilities in 2005- 2006. The greatest component in profit loss report is cost of good sold but in 2006 operating cost is the greatest component. Net income values that cooperation gained become lower moreover since 2004 doesn’t gain net income so cooperation hasn’t given welfare for the member