Evaluasi Kinerja Keuangan Perusahaan Daerah Air Minum (Studi Kasus PDAM Tirta Perwitasari Kabupaten Purworejo)

Abstract

The study aims to determine the development of the financial performance of PDAM Tirta Perwitasari, during the period from year 2006-2010. The study used qualitative methods to obtain an overview of the financial performance, related to the implementation and problems encountered. An assessment of the financial performance of the PDAM set in Kepmendagri No. 47 Year 1999 about Pedoman Penilaian Kinerja Perusahaan Daerah Air Minum, and the Common Size analysis is used to interpret the financial statements of the company to determine the development of the financial performance during the study period. The results showed that, highly liquid companies to pay off short-term debts, the solvable conditions, but there is excess operating costs annually. Based on the analysis of Common Size, the company in 2006; suffered business loss, then gain in operating income from year 2007-2010.