Our Financials

Khazanah's financials are prepared in accordance with the provision of the Companies Act, 2016 and comply with the Malaysian Financial Reporting Standards ("MFRS"), which is in compliance with the International Financial Reporting Standards issued by the International Accounting Standards Board ("IASB").

The financials are derived from Khazanah’s Extended Company Financial Statements, which refers to consolidation of the financial statements of Khazanah (Company) and its Special Purpose Vehicles (SPVs). These SPVs are wholly-owned subsidiaries of Khazanah, which have been set up to actively hold investments or as funding vehicles of the Company.

Profit / (loss) from operations (RM million)

Debt (RM million)

2020 2019 2018 2017 2016
Khazanah's government guaranteed bonds 9,878 10,639 12,626 14,013 14,373
Other bonds and notes 26,245 24,997 23,015 19,449 17,253
Term loans 3,352 2,500 5,067 5,022 5,286
Exchangeable Sukuk 3,135 3,133 2,899 4,622 4,826
Revolving credit facilities 456 4,500 11,628 6,766 7,525
Total 43,066 45,769 55,235 49,872 49,263

RAV Cover*

2020

2019

3.0x

2018

2.4x

2017

3.1x

2016

2.9x

*RAV over total debt

Dividend to shareholder (RM million)

Khazanah's holding and ultimate holding body is Ministry of Finance ("MoF Inc"), a body incorporated pursuant to the Minister of Finance (Incorporation) Act, 1957

Year ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20
Normal 30 30 100 1,000 100 100 500 500 650 650 650 650 650 700 1,000 1,000 1,000
Special - - - - - - - 2,500 350 - 250 400 - 300 500 - 1,000
Total 30 30 100 1,000 100 100 500 3,000 1,000 650 900 1,050 650 1,000 1,500 1,000 2,000

The Khazanah
Report

Full
Financial Statements

Khazanah
Annual Review