HORIZONTAL PROFIT AND LOSS ANALYSIS AT PDAM SURYA SEMBADA SURABAYA
Financial reports can be a medium for making decisions by management in an effort to develop company performance. In connection with the background that has been stated, the problem that will be discussed in this study is how to do a horizontal analysis on the income statement of PDAM Surya Sembada Surabaya. The objective of this study is to measure the financial performance obtained from the income statement at PT PDAM Surya Sembada Surabaya. The descriptive method was utilized in this research, which serves as an object of research based on the data provided systematically during the examination. The result of this study is according to the data above, it can be viewed in the amount of operating income which decreased by 2.45% or 21,100,962 in 2019. The decrease was caused by water revenues of 2.16% or 16,823,356 in 2019, and non-water revenues experienced an increase of 5.17% or 4,277,606 in 2019. Then the total operating expenses decreased by 2.33% or 13,128,794 in 2019. This decrease was due to operating expenses which decreased by 3.12%% or 13,468,502 in 2019 and depreciation and amortization expenses experienced a decrease of 10.11% or 8,236,114 in 2019. The conclusions is horizontal financial statement analysis can also compare three or more financial reports. Where data from earlier periods can be used as a basis for comparison for all previous dates or periods. Horizontal analysis can be done in absolute or percentage form.