Call The Financial Report For Formula Eudited By The Public Accounting Office, Not BPK, Japro: After The End Of 2022

Formula E Circuit Jakarta International E-Prix Circuit (JIEC) Ancol. (Between)

JAKARTA - VP Corporate Secretary of PT Jakarta Propertindo (Jakpro), Syachrial Syarief revealed that the results of the audit of financial reports on the implementation of Formula E will be completed by the end of this year.

Syahrial explained that the audit of Formula E Jakarta or Jakarta E-Prix was not carried out by the Supreme Audit Agency (BPK) but by an independent institution or a public accounting firm (KAP).

"Jakpro is waiting for the results of the audit conducted by the independent KAP which is expected to be completed by the end of 2022," said Syachrial in his statement, Sunday, November 6.

Meanwhile, Jakpro has compiled an internal financial report. Jakpro recorded the racing event which was held on June 4, 2022, which earned a profit before tax of IDR 6.41 billion.

The profit, continued Syachrial, has taken into account all cash and non-cash income and expenses, including mandatory obligations that are still outstanding until September 30, 2022.

"So, we reiterate that Rp 6.41 billion is a profit in the implementation of Jakarta E-Prix 2022. Of course, it has taken into account everything, including fulfilling its obligations," he explained.

Furthermore, Syachrial explained that the Institute for Development of Economics and Finance (INDEF) has also conducted research that the Jakarta E-Prix 2022 will have a direct impact on investment in construction, implementation operations, and the expenditure of visitors.

The direct impact of holding the Jakarta E-Prix 2022 is all of the aggregate expenditures that have resulted in the implementation of the Jakarta E-Prix 2022.

"The direct impact components consist of capital expenditure, operational implementation (operational expenditure) and total expenditure of visitors. After being estimated, the implementation of the Jakarta E Prix is able to have a direct impact of IDR 597 billion," he explained.

Furthermore, INDEF released the Jakarta E-Prix 2022 implementation to increase DKI Jakarta's GDP (gross regional domestic product) by 0.105 percent or equivalent to Ep2,041 trillion based on constant prices.

"PDRB can increase due to activities and economic interactions such as public consumption, investment, government spending and export net. From these economic activities, it has an impact on tracing and even the impact of multipliers on various other economic sectors from upstream to downstream," concluded Syachrial.