Kuala Lumpur: A total of 133 out of 142 Federal Agencies' Financial Statements for 2023 have received the Auditor-General's Certificate with an Unmodified Opinion, said Auditor-General Datuk Seri Wan Suraya Wan Mohd Radzi. She elaborated that nine agencies were issued certificates with a Modified Opinion, which includes eight with a Qualified Opinion and one with an Adverse Opinion. Notably, only one agency has received a Modified Opinion for three consecutive years from 2021 to 2023, a decrease from three agencies in the previous year. This announcement followed the tabling of the Auditor-General's Report (LKAN) 1/2025 in the Dewan Rakyat today.
According to BERNAMA News Agency, as of January 8, a total of 142 out of 145 Federal Agencies' Financial Statements for 2023 had been submitted and certified by the Auditor-General. However, three agencies, namely the Labuan Financial Services Authority (Labuan FSA), the Labuan FSA Staff Welfare Fund, and the South Kelantan Development Authority (KESEDAR), have yet to submit their financial statements. Wan Suraya highlighted that the report found 142 federal agencies held total assets worth RM2.696 trillion, compared to liabilities of RM0.871 trillion, though five agencies recorded liabilities exceeding their assets.
The report further detailed financial interactions between agencies and the Federal Government, with 98 agencies receiving grants totaling RM33.628 billion, and 97 agencies having development grant balances amounting to RM21.399 billion. Additionally, 20 agencies had loans totaling RM126.564 billion from the Federal Government and financial institutions, including five with government-guaranteed loans worth RM99.058 billion. Four agencies took new loans amounting to RM7.309 billion in 2023.
Wan Suraya also noted that 59 agencies owned 217 subsidiary companies, with investments totaling RM65.145 billion. Out of these, 131 companies recorded profits of RM4.087 billion, while 86 reported losses of RM2.810 billion. Despite some financial losses, 81 subsidiary companies paid dividends totaling RM2.829 billion to 32 agencies, including 14 companies that distributed RM1.432 billion even in loss conditions.
The report also uncovered that 39 agencies provided advances and loans totaling RM16.849 billion to 94 subsidiary companies. Financial performance varied significantly, with 97 agencies recording a current surplus after tax and zakat of RM73.886 billion in 2023, while 45 agencies reported a current deficit of RM2.011 billion. The first LKAN for the year concentrated on three key areas: Financial Statement Certification, Financial Statement Analysis, and Key Audit Area (KAA).