Bisnis.com, JAKARTA \u2013 Sovereign wealth fund (SWF) or Lembaga\nPengelola Investasi (LPI) Indonesia Investment Authority (INA) recorded\na net profit of IDR 7.44 trillion throughout 2025, up 37.3% compared to\nthe previous year of IDR 5.42 trillion. The increase in profit was\nsupported by the growth of net income reaching IDR 8.45 trillion from\npreviously IDR 5.91 trillion.<\/p>\n
Quoted from the audited 2025 financial report on Thursday, (May 14,\n2026), INA\u2019s total assets reached IDR 110.99 trillion, a slight increase\ncompared to the end of 2024 of IDR 110.82 trillion. On the other hand,\ntotal liabilities decreased to IDR 2.77 trillion from IDR 3.28 trillion.\nMeanwhile, total equity increased to IDR 108.22 trillion compared to IDR\n107.55 trillion in the previous year.<\/p>\n
INA\u2019s 2025 profit and loss performance was supported by increased\ninvestment income and interest income. Income after deducting final tax\nwas recorded at IDR 8.45 trillion, growing from IDR 5.91 trillion in\n2024. On the expense side, investment expenditure was recorded at IDR\n130.99 billion, operational expenses at IDR 669.32 billion, and\nfinancial expenses at IDR 230.32 billion.<\/p>\n
Although net profit increased, INA still recorded other comprehensive\nlosses of IDR 6.77 trillion due to a decrease in the fair value of other\nfinancial assets of IDR 6.79 trillion. However, the total comprehensive\nincome for the year remained positive at IDR 675.57 billion, improving\ncompared to the comprehensive loss position of IDR 6.18 trillion in\n2024. This value is due to capital injections by the government in the\nform of shares of Bank Rakyat Indonesia (BBRI) and Bank Mandiri (BMRI)\nwhere both assets experienced a decrease in market value until the end\nof 2025 compared to the period of capital injection by the\ngovernment.<\/p>\n
From the balance sheet side, INA\u2019s largest asset composition comes\nfrom investments in other financial assets reaching IDR 58.20 trillion,\nalthough it decreased compared to 2024 of IDR 64.99 trillion.\nInvestments in sub-holdings increased to IDR 20.27 trillion from IDR\n13.70 trillion. In addition, loans to related parties jumped to IDR\n11.79 trillion from IDR 6 trillion in the previous year.<\/p>\n
INA\u2019s cash and cash equivalents at the end of 2025 were recorded at\nIDR 9.8 trillion, down from IDR 12.77 trillion at the end of 2024. This\ndecrease was in line with operating cash flows which recorded a deficit\nof IDR 2.35 trillion, reversing from a surplus of IDR 4.66 trillion in\nthe previous year.<\/p>\n
In the cash flow report, INA recorded dividend income of IDR 5.56\ntrillion and interest income of IDR 1.4 trillion. However, cash flows\nwere also pressured by equity instrument investments of IDR 4.41\ntrillion and the disbursement of loans to related parties of IDR 8.33\ntrillion.<\/p>\n
The independent auditor from Kantor Akuntan Publik Purwanto, Sungkoro\n& Surja (Ernst & Young\/EY) gave an unqualified opinion on INA\u2019s\n2025 financial statements. The auditor stated that the financial\nstatements had been presented fairly in accordance with International\nFinancial Reporting Standards (IFRS).<\/p>\n
For information, SWF INA was formed during the administration of the\n7th President of the Republic of Indonesia, Joko Widodo, using the legal\numbrella of Law No.\u00a011\/2020 concerning Job Creation. This regulation was\nthen updated into a Government Regulation in Lieu of Law (Perppu)\nNo.\u00a02\/2022 which did not undergo initial changes.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesias-swf-ina-reports-2025-financial-results-net-profit-reaches-idr-7-4-trillion-1780589560", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }