According to the first series of the 2025 General Audit Office report, among the 145 federal agencies, the total assets of 142 agencies grew by 7.3% in 2023, increasing from RM2.512 trillion to RM2.696 trillion.
The Auditor General's report presented to Parliament today stated that the total liabilities of these agencies also decreased by 1.6% over the same period, dropping from RM885 billion to RM871 billion.
“Audit analysis comparing assets and liabilities found that 137 federal agencies have assets exceeding liabilities, while 5 agencies have liabilities exceeding assets.”
Among them, PR1MA's net liability reached RM342.46 million due to the need to repay loan funds (Islamic bonds) by 2027; SWCorp's net liability was RM140.15 million due to higher liabilities with concessionaire creditors and accumulated expenses.
This report aims to assess the performance of federal agencies in five areas, namely, assets and liabilities, federal government grants, received loans, investments in subsidiaries, and the current surplus and deficit of federal agencies.
In 2023, 98 out of the 142 federal agencies received a total grant of RM33.628 billion, including RM16.305 billion for management grants and RM17.323 billion for development grants.
The agencies that received the most grants include MARA, UiTM, PTPTN, LPP, and FELDA.
“Overall, federal agencies have used management grants for operational expenditures of the year and development grants to carry out obligations designated by the federal government. However, as of the end of 2023, there remains a balance of development grants because some obligations are yet to be completed; these balances are being returned or are awaiting approval for other uses by the federal government.”
Furthermore, among the 142 federal agencies, 20 agencies have a total loan amount of RM125.664 billion, with 4 agencies receiving new loans totaling RM7.309 billion from the federal government and financial institutions in 2023.
They are LPPSA with a loan amount of RM5 billion; LTAT with a loan amount of RM2.23 billion; MTIB with a loan amount of RM50 million; and PER NAMA with a loan amount of RM29 million.
Additionally, Port Klang Authority and FELDA have the largest loan balances, amounting to RM3.876 billion.