GAZETTE NOTICE NO. 2520

PURSUANT to Section 46 (4) of the Unclaimed Financial Assets Act, the Board of Directors of the Unclaimed Financial Assets Authority publishes an extract of the FY 2024/2025 Audited results for the Unclaimed Financial Assets Trust Fund: STATEMENT OF FINANCIAL PERFORMANCE 2025 2024 Notes KSh. ‘000 KSh. ‘000 Income Revenue from exchange transactions Investment income 6 6,465,263 4,736,148 Investment income from Call deposits 6c(ii) 10,085 5,297 Total income 6,475,348 4,741,445 Expenditure Expenses* Total expenses - - Surplus for the period 6,475,348 4,741,445 Note. *Expenses of the Fund are incurred and absorbed by the Authority in line with Section 44 of the Unclaimed Assets Act, 2011 which gives it the responsibility to manage and operate the Unclaimed Financial Assets Trust Fund. The Authority prepares a separate set of Financial Statements, in line with the State Corporations Act. STATEMENT OF FINANCIAL POSITION Notes 2025 2024 Assets KSh. ‘000 KSh. ‘000 Current assets Cash and cash equivalents 4 1,018,220 783,791 Receivables 5 1,343,709 977,017 Investments -T-bills 6c (i) 27,924,428 17,968,734 -Bonds 6c (ii) 21,896,442 21,896,442 Total Assets 52,182,799 41,625,984 Trust Fund and Liabilities Payables Claims 7 (d) 5,120 2,689 Transfer to UFAA 8 966,756 697,8324 Total Payables 971,876 700,013 Trust Fund Unclaimed Assets 7(a) 33,824,701 29,489,209 Revenue reserve 17,386,222 11,436,762 Total Trust Fund 51,210,923 40,925,971 Total Trust Fund and Liabilities 52,182,799 41,625,984 Disclosure Notes 4 Cash and Cash Equivalents This includes foreign currency that has been received by the Authority as converted at Year-end rates 20th February, 2026 THE KENYA GAZETTE 5 Receivables This is interest earned on Treasury Bills and Bonds Investments that have not matured 6 Investments Investment by the Authority is 100% in Treasury Bills and Bonds, as currently approved by the Cabinet Secretary, National Treasury, hence investment income is from Treasury Bills and Bonds Issued by Central Bank of Kenya. 7 (b) Assets reported, but held by Holders on order of the Authority: Assets with known values, converted at year-end closing rates where applicable (KSh. ‘000) Asset Type 2025 2024 Shares (Units) 1,874,351 1,675,962 Unit Trusts 47,338 47,343 Total i. Assets whose values is not known, until they are accessed: Asset Type 2025 2024 Safe Deposit boxes 3,909 3,878 Message from the Directors of UFAA This is an extract from the Unclaimed Financial Assets Trust Fund’s financial statements audited by Office of the Auditor General and approved by the Board of Directors of Unclaimed Financial Assets Authority. The financial statements are prepared under the International Public Sector Accounting Standards (IPSAS) accrual basis of accounting. A complete set of Financial Statements for FY 2024-2025 for the Trust Fund and full disclosures can be accessed on the Authority’s website www.ufaa.go.ke or the Authority’s Head Office at 2nd Floor Pacis Centre, Slip Road, Off Waiyaki Way, Westlands. FRANCIS K. NJENGA (DR.) LABAN MOLONKO Chairman, UFAA CEO & Managing Trustee MR/8091099