State-Owned Enterprises Contribute Record-Breaking Rp80 Trillion Dividend to the Indonesian Government

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Adi Ahdiat 02/05/2023 14:27 WIB

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According to Erick Thohir, state-owned enterprises (SOEs) dividend payments to the Indonesian government in the 2022 fiscal year reached Rp80.2 trillion. This figure represents approximately 3% of tot

State-Owned Enterprises (SOEs) Dividend Payments to the Indonesian Government by Fiscal Year (2013-2022)

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State-Owned Enterprises Contribute Record-Breaking Rp80 Trillion Dividend to the Indonesian Government

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State-Owned Enterprises (SOEs) Dividend Payments to the Indonesian Government by Fiscal Year (2013-2022)

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State-Owned Enterprises (SOEs) are ready to pay Rp80.2 trillion in dividends to the state for the 2022 fiscal year.

This was stated by the Minister of SOEs, Erick Thohir, in a press meeting at the Taman Mini Indonesia Indah (TMII), Jakarta.

"Yesterday, I had a meeting with President Jokowi and Minister of Finance Sri Mulyani. The result of our (SOEs) work last year (2022), this year we will give the largest dividend in the history of SOEs to the state, Rp80.2 trillion," said Erick Thohir, as reported by *Katadata*, Monday (1/5/2023).

"What is the dividend for? For programs that support the government's people's programs, such as social assistance and so on," he added.

Although it is a new record high, the Rp80.2 trillion SOE dividend payment is only about 3% of the total state revenue realization of Rp2,626 trillion in 2022.

The majority, or 65%, of state revenue in 2022 came from tax revenue, amounting to Rp1,716 trillion.

As of today (2/5/2023), the Ministry of SOEs has not yet issued a consolidated performance report for SOEs for the 2022 period.

However, according to Erick Thohir, SOEs recorded a consolidated net profit of approximately Rp303.7 trillion last year (unaudited).

Erick also estimates that total SOE revenue increased from Rp2,292 trillion in 2021 to Rp2,613 trillion in 2022 (unaudited).

In the same period, SOE equity is estimated to have increased from Rp2,778 trillion to Rp3,150 trillion (unaudited).

Then SOE assets are estimated to have increased from Rp8,978 trillion to Rp9,867 trillion (unaudited).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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State-Owned Enterprises Contribute Record-Breaking Rp80 Trillion Dividend to the Indonesian Government

State-Owned Enterprises Contribute Record-Breaking Rp80 Trillion Dividend to the Indonesian Government

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State-Owned Enterprises Contribute Record-Breaking Rp80 Trillion Dividend to the Indonesian Government

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