Luanda, Sept. 18, 2025 (Lusa) - Independent auditors issued 141 reservations on the 69 companies in Angola's state sector in 2024, 12 more than in the same period last year, and only 38% of the companies had their accounts approved without reservations.

According to the Aggregate Report of the Public Business Sector (SEP) 2024, consulted today by Lusa, the sector currently includes 87 companies, six fewer than in 2023, with seven companies having been extinguished and one more created.

Of this universe, 81 were active and 69 presented accounts, of which 66 presented independent Audit Reports, and 141 reserves were issued during this period, an increase of 12 reserves compared to 2023.

According to the SEP report drawn up by the Angolan Institute for the Management of State Assets and Holdings (IGAPE), only 38% of the companies had their accounts approved without reservations, 58% were approved with reservations and 4% were not approved.

SEP's total assets totalled 39.579 billion kwanzas (around €36.48 billion), 9.1% more than the previous year. Liabilities grew by 7.7% to more than 25.026 billion kwanzas (€23.06 billion) and equity increased by 11.5% to more than 14.55 billion kwanzas (€13.41 billion).

The series of companies' net profits totalled 788.4 billion kwanzas (€726.6 million), corresponding to a reduction of 13.1% compared to 2023.

State transfers for capitalisation and operating subsidies totalled 147.3 billion kwanzas (€135.8 million) and 46.3 billion kwanzas (€42.7 million), respectively, lower than those disbursed in the previous year.

On the other hand, the state collected 47.5 billion kwanzas (€43.8 million) in dividends, ‘confirming the contribution of companies to public revenue,’ the IGAPE report also noted.

DAS/ADB // ADB.

Lusa