Group Annual Reports and Financial Statements for the year ended 31 December 2022 www.iita.org Table of Contents Statement of the Board Chair ...................................................................................................................................1 Board statement on IITA risk management - 2022 ..................................................................................................3 Report of Management ........................................................................................................................................... 4 Independent Auditors’ report ................................................................................................................................. 5 Group Statement of financial position as at 31 December 2022 ............................................................................ 8 Group Statement of activities and other comprehensive income ........................................................................ 10 Group Statement of changes in net assets ........................................................................................................... 12 Group Statement of cash flows ............................................................................................................................. 14 Notes to the financial statements. ........................................................................................................................ 16 Statement Of Grant Revenue ................................................................................................................................ 63 Exhibit I .................................................................................................................................................................. 64 Exhibit II ................................................................................................................................................................. 66 Exhibit III .............................................................................................................................................................. 107 Exhibit IV .............................................................................................................................................................. 108 Exhibit V: Expenses by Science Group ................................................................................................................. 111 Exhibit VI: Initiative Funding report .................................................................................................................... 113 IITA – BIP Statement of Financial Position. ......................................................................................................... 117 Exhibit VII: Direct and Indirect Cost Rates ........................................................................................................... 120 Acronyms and Abbreviations .............................................................................................................................. 121 1 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 IInInnttteeerrrnnnaaatttiioioonnnaaall l m maaaiilililininnggg a aaddddddrrreeessssss HHHeeeaaadddqqquuuaaarrrttteeerrrsss IITA Ltd, Grosvenor House, 125 PMB 5320, Oyo Road, Idi-Oshe Interna1ItI2ITiTo5AAn H LaLtlit gdmdh,, a G GSirtlriornoesgsevv aete dn ndoorrre HHsoso u u ssee,, 1 12255 H eadquaIPbPrtaMedBrBas 5n 53,3 2N20i0g,, eO Oryiyaoo R Rooaadd,, IIdd ii--OOsshhee 1C12r25o5 y HHdioigghnh SCStRtrr0ee e9etXt P , UK TIIbebala.d d+aa1nn ,2, N0N1iigg e6er3ri3iaa6 0 94 IITA LtdT C,eC Grlro.or:y oy+dsd1ovo e2nnn0 CCo1RRr 60 0H3 9 o39Xu6XPs0P,e9, U 4UK K PMB 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IIITITAA--BBIPIP ttaakkeess ininnnoovvaattioionnss aanndd aacccceelelerraatteess tthheemm ininttoo ccoommmmeerrcciaial l eenntteer iceas.s T hInec Buboaatrido onf PTrlautsftoeres is( IcToAm-BmIPit)t.e dI TtoA -pBrIoPv itdaek egos vienrnnoavnacteio, nfisn aanncdia la acncde lperroatgersa mthmeati ci notvoe rcsoight ercial to ensuernet eerfr p fpp r icrr iisiises eene ssts f faf ooornrr p d pp u euu b fbb li felli ciccc bt bib e vee n enn e mee fffitaiitt . n.. a gement of the Institute. IIIITITTAAA mmaaaiininntttaaaiininnsss aaa sssyyysssttteeemm ooofff iininnttteeerrrnnnaaall l cccooonnntttrrrooollslss dddeeesssiigiggnnneeeddd tttooo ppprrrooovvviididdeee rrreeeaaasssooonnnaaabbblleele aaassssssuuurrraaannnccceee ttthhhaaattt aaasssssseeetttsss aaarrreee The desscsaaeaffnfeeetgggruuauaalairrzrddadeeteiddod,,n , a a annonddfd t tItIrrTraaaAnnn'ssssaa accscttttiriooiuonncnssts u a aarrrereee ip pnprrtroooopp peefeirrvrlleylyy ee rexexxeegeccicouuunttteeaedld d..h . II uIITITbTAAsA' 'ss'ms I InInanttnteeearrrgnnneaaadll l A AAbuuuydd diiHtitt us ssybyyssstt teeDemmir ep ppcrrtroooovvrviisdid dee(esssi moo onnungglgtoooaiininngegg oe eeuvvvsaaalllyuluu aaatttiiooionnnsss leadingoo oafff tt sthhcheeiee aa naddcdeeeq qqcuuouaamacccyypy,,e , ee tefefffnfeeecccytttii)viv vaeeennndeee ssistssss aa atnninmddd eaa alddydhh hieemerrrepeennlneccmceee ett toono tm amtaaiaonnnnaaag ggfeereommmeee nn2ntt0t''ss'1s ee2 ess swtttaaaabbbsll ilicsissrhhhueeecddida pp lp ootoollilic ictciiheeieesss aa gannrnodddw pp ptrrhrooo ccaceenedddduu usrrrteeeassbs.. . iTT lTihhthyeee BB Boooaaarrrddd of IITA.oo oIffnf T T TCrrruueusnsstttteereeaeesls s Ae eefxxrxeeiecrrraccci,is issIeeIeTsssA i itti'tsss rf ffieididdguuiuoccciinaiaaarrryly y h r rrueeesbsspp phoooennnasssdiibibqbiiulililitiattyyry tf fefooorrr r it tsthh hieeness sKeee i nf ffiisninnhaaaannnsccaciiaia a(llD ls ssRtttaa aCttteeoemnmgeeeonnn)tt;ts sst ht tthhehrr roEoouauusgggthheh ri ititntss s A AAfuuruiddcdiiatitt, , , hF FFuiininbnaa ainnsnc ccieene & & R RRiisisskkk Dar Es CCCSoooamlmamammiittittt tee(eTeeea ( (n(AAAzFFaFRRnRCCiCa)))..) . ; the Southern Africa hub in Lusaka (Zambia); and the West Africa hub in Ibadan (NigeriTa). An additional hub in the Sahel was recently established in Bamako, Mali. IITA hubs have become institutTiT h ohh e nee a AAlA F FaF RRsR C sCC e is tiiss aaia c n cc o woo m hm m icm o ho o n dnn o CCnC om orm m s,m it giitot tttevee e ee r o noo f mff ttet hhhenee t s CC;C G GvG IIAaIAA R rRiR o S uSS y syy s ss t rtet eemsm ea BBrB o coo a haa r rar ddd n a daa n nn d ddd e o loio f vff e ttrt hhyh ee e p BBaB ooro a taa r nrr d edd s o rss oo f hff a ttvt hhheee e i C nCC G vGG IA eIIsAA R tReR d ccce eae nt ntdt eeer rr sss aaannnddd AAllwhere Acllel iliaaia nncceess w whhoo h haavve a rn icmesp acht oh ahsa bve e aa ddoopptteedd und odpetlievde r ueu nndn iif.if f ooTo rrhr mmed eseedd g h gg o uoo v bvv e see r wrr nnnaiala n ln n c bcc e ee a a aa r nrr r ar aansnn g sgeg eete m fm e oee n rn n t ttht sss ae a a s Oss pn pp a eaa r rCr ttt oG oo f IfAf o oRo nn n e iene C CsC G uGG IA bIIA-A R SRR . a.h. T TThahh e reae Cn CC o oAo m fm m ricm it aiit.t t tt eeeeee m meeeeeetttsss wwitithh tthhee in ith the iinndddeeepppeeennndddeeennnttt aaauuudddiitittooorrrsss,, , mmaaannnaaagggeeemmeeennnttt,, , aaannnddd iininnttteeerrrnnnaaall l aaauuudddiitittooorrrsss pppeeerrriiooiodddiiciccaaallllyyly tttooo dddiisisscccuuussssss iininnttteeerrrnnnaaall l cccooonnntttrrrooollslss,, , IITA deaalauiuvuddediirtitetiinindngg g,,a , aa asnnntddrd o ffnfiiningnaa annfniccnciiaaianll l c rrreieaepplp oooprrretttiirninfnggog r mmaattntttteceerrrss s..i . n TTT hh2hee0e 2 CCC2ooo.m mTmomtiitaittttltee ereee rvrreevvnviieueiewew ssas,, ,m wwoiitituthhhn ttthehhdeee iitninondd deeUeppSpee$enn1ndd2dee4enn.n2ttt m aaauiuullddidoiititntooo rrr(ss2s,, , 0 ttt2hhh1eee: ssscccooopppeee,, , US$105aaa.nn1nddmd r rireelelssisouuunlltlt)tss sr oo eoffpf t trthheheesee a anauutuddidniititgt eeaeff ff1foo5orr%rttt.. .i ncrease with expenditure of US$124 million (2021: US$105.4 million). This was paTrticularly due to a substantial increase in bilateral funding of 25% (2022: US$65.8 million and 2021: US$52.T4T hh h e mee ai ala c lcic c occ oono m )m p . pWp aaanenn y yay iinlinsn ggog r rrr eeee ppcp ooeo rrivrtt ie i sisds b bWbaa ssis e nee d ddd o o o o n wnn a 3 aa n nfn a u aa u nuu d ddd it iinitt b g b b y oyy tf t t h Uhh eeSe i$ i nni3n dd8d ee e p mpp eeie n lnln d idod eene nn n t ftot a ara c ctc cchc ooeo uu u n nnn t ett iinxintn gg g f 5 f f iiryirr m em o a ro so ff f D t D oD eewe lloolao it riitdt tttesee & t h& Te TT o oeo uunu ccdc hh h e oee . f. . 2022. T his remarkable result underlines the trust and confidence the international donor community has in the transformative work of IITA in Africa. The Institute's liquidity and reserve levels improved with operating reserves increasing from $7.8 million to $8.0 million and days reserves increased from 28.9 to 29.4 days. The increase in reserve days is due to an increase in average daily cash expenditure from US $269.44 to $323.40. The 2022 audited financial stateme n t s s h o w a n o p e r a t i n g r e s u l t o f U S $ 0 . 2 5 m s u r plus. The Boa rd recognizes the continuing need to increase res e r v e s a n d e x p e n s e d a y s c o v e r a g e a n d w i l l c o n t i nue to work w Bernard Vanlauwe Dennis Mulengait h management to deveIBnBleotereprnr naimacrrtd diD o VVinraa enpncltlaaounurs wG teeoe n imerparl o ve day s covera g e to a d esirable level. DDDierenenncntiisos r M oufu lFleeinnngagana c e IInntteerriim D Diirreeccttoorr GGeenneerraal l DDiirreeccttoorr o off FFiinnaannccee In Janu a ry 2022, 31 new CGIAR initiatives were launched to help radically realign food, land, and water systems. CGIAR'22s2 22n2 Me Mwaaa yyiyn 2 2i2t00i0a222t333i v es were designed by multidisciplinary teams of scientists from across the CGIAR System to make r eal, lasting, and positive impact across five Impact Areas: 1) Nutrition, Health, and Food Security; 2) Poverty Reduction, Livelihoods, and Jobs; 3) Gender Equality, Youth, and Social Inclusion; 4) Climate Adaptation and Mi tigation; and 5) Environmental Health and Biodiversity. With CGIAR research and innovation providing a 10:1 re turn on investment, supporting the new initiatives provided funders with a clear path to impact for people , climate, and nature. IITA scientists are actively engaging in 19 initiatives, in some cases in a leading role for 2 In i tiatives and in others as member of the consortium in different leading and supporting roles. 4 44 1 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 For the better part of 2022, leaders across the CGIAR System engaged in the process to confirm and clarify the path to ‘One CGIAR’ and to pave the way for a united CGIAR to move forward with confidence and operate in a shared matrix structure. This led to the completion and subsequent approval of the new Integration Framework Agreement (IFA) by the boards of all ‘One CGIAR’ Centers in early 2023. We are already seeing a decisive shift in focus towards implementation of the IFA to operationalize how integrated teams will work together – ensuring that all Center staff are able to engage with and contribute to the Global and Regional Groups – and how we develop shared corporate services and systems. The Board of Trustees expresses its appreciation to the Management and staff of IITA for the excellent research and delivery activities conducted during 2022, attracting new partners, funding, and the effective financial and administrative management of the Institute's resources. Finally, the Trustees express deep appreciation to IITA’s investors and partners for their contributions to the Institute's mission of reducing hunger and poverty in Africa. Roel Merckx Chair of the IITA Board of Trustees 22 May 2023 2 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 3 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 International mailing address Headquarters International mailing address Headquarters IITA Ltd, Grosvenor House, 125 PMB 5320, Oyo Road, Idi-Oshe IITA Ltd1,2 G5r Hosigvhe nSotrre Heot u se, 125 PMB 53Ib2a0d, aOny,o N Rigoeardia, I d i-Oshe 125 Hig Chr Sotyrdeoent CR0 9XP , UK IbadanT, eNli.g +e1r i2a 0 1 63360 94 CroydoTne lC.:R +01 9 2X0P1, 6U3K3 6 094 Tel. +1 +220314 6 730306 089040 4482 Tel.: +1 201 6336094 +234 700 800 4482 Report of Management Report of Management The accompanying financial statements of IITA Group are the responsibility of management and have been The acpcoremppaarendy iinng a fcicnoarndcaianlc est watiethm Ienntetsrn oaft ioIITnAal GFirnoaunpc iaalr eR etphoer triensgp Sotnasnibdialirtdys o(IfF RmSa)n aasg permesecnritb aendd f ohra avlle i nbteeernna tional preparereds iena arcchco crednatnecres wunitdhe Irn ttheren Ianttieognraalt Feidn aOnnceia lC Roenpsourlttaintigv eSt Ganroduaprd osn (I FInRtSe)r ansa ptiroensaclr iAbgerdic fuolrt uarlla iln Rteersneaatricohn. aIlI TA has researcphr ecpeanrteedrs Cuonndseorl itdhaet eIndt efignraantceida lO sntaet Cemonesnutlsta ftoivre t hGero fuirps to tnim Inet einrncaotripoonraal tAinggr icitusl twurhaol llRye osewanrechd. sIIuTbAs ihdaias ry IITA prepareBdu sCinoenssso lIindcautebda tifoinna nPcliaatlf osrtmat e(mIITeAn-tBs IfPo).r tIIhTeA -fBirIsPt ttaimkees inincnoorpvoartaiotninsg aitnsd wahcocellyle roawtense dt hseumbs iidnitaor yc IoITmAm ercial Businesesn tIenrcpurbisaetsio fno rP plautbfloicr mbe n(IeITfiAt.- BIP). IITA-BIP takes innovations and accelerates them into commercial enterprises for public benefit. IITA maintains a system of internal controls designed to provide reasonable assurance that assets are IITA msaainfetgauinasr dae ds,y asntedm tr aonfs aincttieornnsa al rceo pnrtoroplesr lyd eesxiegcnuetde dt.o I ITpAr'osv Iindtee rrneaal sAoundaibt lsey satessmu rparnocvei dethsa otn gaossinegts e vaarelu ations safeguaorfd tehde, aadnedq turaacnys,a ecftfioecntsi vaernee psrso apnedrl ay dehxeerceuntceed .t oII TmAa'sn Iangteemrneanl tA'su edsitt asybslitsehmed p proovliicdieess aonndg opirnogc eevdaulrueast.i oTnhse Board of the aodf eTqruuastceye, se fefxeecrtciviseense istss afinddu caidahrye rreenscpeo ntosi mbilaitnya fgoerm theenst'es feisntaanbcliiashl estda tpeomliceinetss a tnhdr opurgohce idtsu Areusd. iTt,h Fei nBaonacred & Risk of TrusCteoems mexitetreceis (eAsF iRtsC )f.id uciary responsibility for these financial statements through its Audit, Finance & Risk Committee (AFRC). The AFRC is a common Committee of the CGIAR System Board and of the Boards of the CGIAR centers and The AFARlCli ains cae sc owmhmo hoanv Ceo amdompittetede u onfif othrme eCdG IgAoRv eSrynsatenmce Baroraarndg eamnde notfs tahse p Baorta rodf so onef tChGeI ACRG.I AThRe c Ceonmtemrsi tatnede meets Alliancewsi twhh toh eh aivned eapdeonpdteedn tu anuifdoirtmoresd, mgoavneargneamnceen at,r raanndg einmteernntsa la as updairtto orsf opneeri oCdGicIAaRlly. Tthoe d Cisocmusms itinteteer mnaele ctos ntrols, with thaeu dinitdinegp,e anndde nftin aaundciiatol rrse,p moratninagg emmaettnetr, sa. nTdh ein Cteormnmal itatuedei troervsi epwesr,i owdiitcha ltlyh et oin ddiespcuesnsd einntte ranuadl itcoorns,t rtohles, scope, auditinagn, da nreds fuinltas nocfi athl ere apuodritti negff omrat.t ters. The Committee reviews, with the independent auditors, the scope, and results of the audit effort. The accompanying report is based on an audit by the independent accounting firm of Deloitte & Touche. The accompanying report is based on an audit by the independent accounting firm of Deloitte & Touche. Bernard Vanlauwe Dennis Mulenga BernarIdn Vtearnimla uDwiree c tor G eneral DennisD Miruelcetnogr ao f Finance Interim Director General Director of Finance 22 May 2023 22 May 2023 4 4 4 5 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 6 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 7 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNGAroTuIOpN AAnLn IuNaSlT RITeUpoTrEt sO aF nTdR OFiPnIaCnAcLi aAl GstRaICteUmLTeUntRsE Group AFonrn uthael Ryeepaorr etsn danedd F3i1n aDnecciaelm stbaetre m20e2n2ts For the year ended 31 December 2022 Group Statement of financial position as at 31 December 2022 IITA GROUP 31 December 31 December 2022 2021 $'000 $'000 Assets Current assets Cash and short-term deposit * 9 67,535 13,569 Accounts receivable: Donors – Net 10.1 20,435 29,029 Employees 10.2 389 795 CGIAR Centers 10 5,061 5,724 Receivables from BIP 10 - - Other receivables* 10.3 2,101 244 Prepayments 11 5,301 2,214 Inventories * 12 2,504 2,636 Total current assets 103,326 54,211 Non-current assets Property, plant, and equipment * 13 76,888 76,536 Less accumulated depreciation * 13.1 (49,245) (48,552) Property, plant, and equipment- Net 27,643 27,984 Intangible assets 14 1,551 1,551 Less amortization 14 (1,354) (986) Deferred tax asset * 26 312 312 Intangible assets - Net 509 877 Investment in BIP (Other Assets) * 15 - - Total non-current assets 28,152 28,861 Total assets 131,478 83,072 Liabilities and net assets Current liabilities Accounts payable: Donors 16.1 73,247 28,236 Employees 16.2 9,880 10,187 CGIAR Centers 16 2,164 121 Other payables * 16.3 5,153 3,346 Deferred income from donors 18 675 840 Total current liabilities 91,119 42,730 Non-current liabilities Employee benefit liability 17 2,334 2,263 Deferred income from donors 18 276 515 Total non-current liabilities 2,610 2,778 Total liabilities 93,729 45,508 Net assets Non-Controlling Interest BIP 27 0 (8) Undesignated (Reserves) * 19 6,063 5,814 Designated Reserves - BIP 19 1,957 1,942 Designated (Including BIP Equity) * 19.1 29,641 29,689 Total unrestricted net assets 37,661 37,437 Temporary net assets - other comprehensive income 19.1 88 127 Total net Assets 37,749 37,564 Total liabilities and net assets 131,478 83,072 The Financial Statements were approved by the Board of Trustees on 22 May 2023 and signed on its behalf by: Bernard Vanlauwe Dennis Mulenga Interim Director General 8 Director of Finance The accompanying notes on pages 16 to 62 form an integral part of these statements. * Include amounts from BIP on consolidation 8 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNATGIOroNuApL AINnSnTuITaUl TREe pOoFr TtsR OanPdIC FAiLn AanGcRiIaClU sLtTaUteRmE ents Group AnnuFaolr R tehpeo yrtesa arn edn Fdiendan 3c1ia lD setacetemmbeenrt s2 022 For the year ended 31 December 2022 IITA Statement of financial position as at 31 December 2022 IITA Notes 31 December 2022 31 December 2021 $'000 $'000 Assets Current assets Cash and short-term deposit 9 67,133 13,126 Accounts receivable: Donors - Net 10.1 20,435 29,029 Employees 10.2 389 795 CGIAR Centers 10 5,061 5,724 Receivables from BIP 10 710 489 Other receivables 10.3 1,947 200 Prepayments 11 5,301 2,214 Inventories 12 2,300 2,515 Total current assets 103,276 54,092 Non-current assets Property, plant, and equipment 13 74,828 74,484 Less accumulated depreciation 13.1 (48,751) (48,194) Property, plant, and equipment- Net 26,077 26,290 Intangible assets 14 1,551 1,551 Less amortisation 14 (1,354) (986) Deferred tax asset 26 - - Intangible assets - Net 197 565 Investment in BIP (Other Assets) 15 1,582 1,582 Total non-current assets 27,856 28,437 Total assets 131,132 82,528 Liabilities and net assets Current liabilities Accounts payable: Donors 16.1 73,247 28,236 Employees 16.2 9,879 10,187 CGIAR Centers 16 2,164 121 Payable to BIP 16 - - Other payables 16.3 4,455 2,750 Deferred income from donors 18 675 840 Total current liabilities 90,420 42,134 Non-current liabilities Employee benefit liability 17 2,334 2,263 Deferred income from donors 18 276 515 Total non-current liabilities 2,610 2,778 Total liabilities 93,030 44,912 Net assets Non-Controlling Interest BIP 27 - - Undesignated (Reserves) 19 8,372 7,801 Designated (Including BIP Equity) 19.1 29,642 29,688 Total unrestricted net assets 38,014 37,489 Temporary net assets - other comprehensive income 19.1 88 127 Total net Assets 38,102 37,616 Total liabilities and net assets 131,132 82,528 The Financial Statements were approved by the Board of Trustees on 22 May 2023 and signed on its behalf by: Bernard Vanlauwe Dennis Mulenga Interim Director General Director of Finance The accompanying notes on pages 16 to 62 form an integral part of these statements. 9 9 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 10 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Group Statement of activities and other comprehensive income Notes 2022 2021 N-Portfolio Portfolio Total N-Portfolio Portfolio Total Revenue and gains Grant income Initiative Exhibit I 20,890 20,890 14,184 14,184 Window 3 Exhibit III 30,818 30,818 36,856 36,856 Exhibit II Bilateral Exhibit V 5,549 65,812 71,361 370 52,445 52,815 Total grant revenue 5,549 117,520 123,069 370 103,485 103,855 Sale of goods Seeds & Others* 30 874 874 1,079 1,079 Fair value gains - inventories* 30 107 107 112 112 Grant income earned * 30 - - 50 50 Other income (BIP) * 30 165 - 165 31 - 31 T otal revenue and gains 6,695 117,520 124,215 1,643 103,485 105,128 Expenses and losses Research expenses 6 78,132 78,132 74,477 74,477 CGIAR collaboration expenses 6 3,613 3,613 4,104 4,104 Non - CGIAR collaboration expenses 6 22,254 22,254 14,048 14,048 Management and general expenses 7 12,216 - 12,216 11,089 - 11,089 Indirect cost recovery 8 (13,521) 13,521 - (10,857) 10,857 - Other expenses and losses (IITA write off) 7.2 6,362 6,362 Other expenses and losses (BIP) * 31 1,469 - 1,469 1,713 - 1,713 T otal expenses and losses 6,526 117,520 124,046 1,945 103,485 105,430 O perating Surplus for the year 169 - 169 (302) - (302) Finance income 5 15 15 13 13 Gains and losses on sale of assets 5 72 72 42 42 Other Finance Income/ Expenses 5 (7) (7) (21) (21) 249 - 249 (268) (268) Other comprehensive income Other comprehensive income not to be reclassified to the statement of activities in subsequent periods R emeasurement gain on defined benefit plans 17.1 (39) (39) 124 124 Total surplus and other comprehensive income * 210 - 210 (144) - (144) * Include amounts from BIP on consolidation The accompanying notes on pages 16 to 62 form an integral part of these statements. 10 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 11 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 IITA Statement of Activities and Other Comprehensive Income Notes 2022 2021 N-Portfolio Portfolio Total N-Portfolio Portfolio Total Revenue and gains Grant income Initiative Exhibit I 20,890 20,890 14,184 14,184 Window 3 ExhibitIII 30,818 30,818 36,856 36,856 Exhibit II Bilateral Exhibit V 5,549 65,812 71,361 370 52,445 52,815 Total grant revenue 5,549 117,520 123,069 370 103,485 103,855 Total revenue and gains 5,549 117,520 123,069 370 103,485 103,855 Expenses and losses Research expenses 6 78,132 78,132 74,477 74,477 CGIAR collaboration expenses 6 3,613 3,613 4,104 4,104 Non - CGIAR collaboration expenses 6 22,254 22,254 14,047 14,047 Management and general expenses 7 12,216 - 12,216 11,089 - 11,089 Indirect cost recovery 8 (13,521) 13,521 - (10,857) 10,857 - Other expenses and losses 6,362 - 6,362 - - - Total expenses and losses 5,057 117,520 122,577 232 103,485 103,717 Operating Surplus for the year 492 - 492 138 - 138 Finance income 5 15 15 13 13 Gains and losses on sale of assets 5 72 72 42 42 Other Finance Income/ Expenses 5 (7) (7) (21) (21) 572 - 572 172 172 Other comprehensive income - - - - Other comprehensive income not to be reclassified to the statement of activities in subsequent periods Remeasurement gain on defined benefit plans 17.2 (39) (39) 124 124 Total surplus and other comprehensive income 533 - 533 296 - 296 The accompanying notes on pages 16 to 62 form an integral part of these statements. 11 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 12 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Group Statement of changes in net assets OTHER COMPREHENSIVE Designated funds INCOME Property, plant and Investment equipment/int in property, Investment angible assets Sub-total Undesignated plant, and in intangible acquisition and Institutional Designated Actual Total Total Net funds equipment assets replacement stability Fund Gain/ (loss) designated assets $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 As at 1 January 2022 * 5,806 27,984 565 2,082 1,000 31,631 127 31,758 37,564 Depreciation - (2,179) (368) 2,547 - - - - Appropriations from Undesignated to designated 519 - (519) - - - - Additions during the year 1,397 - (1,397) - - - - Disposals during the year (Cost) - (1,561) - 1,561 - - - - Disposals during the year (Accumulated Depreciation) - 1,485 - (1,485) - - - - Prior Year Adjustment to Addition - (2) - 2 - - - - (48) (48) (48) (48) Surplus for the year * 248 - - - - - - 248 Value of assets received during the year – Cassava * 9 - - - - - - 9 Value of assets received during the year – Cassava * - - - 15 - 15 16 16 Other comprehensive income - - - - - - (39) (39) (39) As at 31 December 2022 6,063 27,643 197 2,758 1,000 31,598 88 31,686 37,749 As at 1 January 2021 * 6,071 28,783 585 1,457 1,000 31,631 3 31,634 37,705 Depreciation - (2,111) (374) 2,645 - - - - Appropriations from Undesignated to designated - 169 - (169) - - - - Additions during the year - 1,391 354 (1,851) - - - - Disposals during the year - - - - - - - - Net changes in the appropriation for purchase of intangible assets - - - - - - - - Surplus for the year * (268) - - - - - - (268) Other comprehensive income * 3 - - - - - - 3 Other comprehensive income - - - - - - 124 124 124 As at 31 December 2021 * 5,806 28,232 565 2,082 1,000 31,631 127 31,758 37,564 * Include amounts from BIP on consolidation The accompanying notes on pages 16 to 62 form an integral part of these statements. 12 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 13 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 IITA Statement of changes in net assets OTHER COMPREHENSIVE INCOME Designated funds Investment in Property, plant and property, Investment in equipment/intangible Sub-total Undesignate plant, and intangible assets acquisition and Institutional Designated Actual Gain/ Total Total Net d funds equipment assets replacement stability Fund (loss) designated assets $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 As at 1 January 2022 7,801 26,290 565 1,834 1,000 29,689 127 29,816 37,617 Depreciation - (2,024) (368) 2,392 - - - - Appropriations from Undesignated to designated 518 (518) - - - - Additions during the year 1,339 - (1,339) - - - - Disposals during the year (Cost) - (1,510) - 1,510 - - - - Disposals during the year (Accum Dep) - 1,466 - (1,466) - - - - Prior Year Adjustment to Addition - (2) - 2 - - - - Adjustment to Net assets due to retired assets - - - (48) - (48) (48) (48) Surplus for the year 572 - - - - - - 572 Other comprehensive income - - - - - - - - Other comprehensive income - - - - - (39) (39) (39) As at 31 December 2022 8,373 26,077 197 2,367 1,000 29,641 88 29,729 38,102 As at 1 January 2021 7,629 26,841 585 1,263 1,000 29,689 3 29,692 37,321 Depreciation - (2,111) (374) 2,485 - - - - Appropriations from Undesignated to designated 169 (169) - - - Additions during the year 1,391 354 (1,745) (0) - - Disposals during the year - - - - - - - - Net changes in the appropriation for purchase of intangible assets - . - - - - - - Surplus for the year 172 - - - - - - 172 Other comprehensive income - - - - - - - Other comprehensive income - - - - - 124 124 124 As at 31 December 2021 7,801 26,290 565 1,834 1,000 29,689 127 29,816 37,617 The accompanying notes on pages 16 to 62 form an integral part of these statements. 13 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERGNrAoTuIOp NAAnLn uINaSl TRIeTpUoTrEts O aFn TdR FOinPaICnAcLia Al GstRaItCeUmLeTnUtRsE Group FAonrn tuhael Ryeeapro retns daendd 3F1in Daneccieaml sbtaetre 2m0e2n2ts For the year ended 31 December 2022 Group Statement of cash flows GROUP 2022 2021 Notes $'000 $'000 Surplus 210 (144) Non-cash adjustments to reconcile surplus to net cashflows: Interest income 5 (15) (13) Gain on disposal of property, plant, and equipment * 5 (92) (166) Allowance for impairment loss 10.1 - - Depreciation of unrestricted assets * 13 1,348 1,369 Depreciation of restricted assets 13 831 902 Amortisation of intangible assets 14 368 367 PPE Adjustment 13 (292) - Amortisation of deferred income from donors 18 - (742) Employee benefit expense 17.1 99 59 Property, plant, and equipment gifts reserves * 14 349 2,471 1,981 Decrease/ (increase) in assets Accounts receivable: - - Donors 10.1 8,594 (7,462) Employees 10.2 406 95 CGIAR Centers 10 662 558 Receivables from BIP * 10.1.1 (221) (248) Other receivables * 10.3 (1,747) (74) Prepayments * 11 (3,087) (115) Inventories * 12 133 17 Other assets 29 (72) 30 Increase/ (decrease) in liability - - Accounts payable: - - Donors 16.1 45,010 1,910 Employees 16.2 (308) 131 CGIAR Centers 16 2,043 121 Payable to BIP 16 - - Others * 16.3 2,001 (54) Employee benefit liability 17 71 35 Deferred income from donors 18 (165) 840 55,791 (2,235) Interest income 15 13 Benefit paid (46) (68) Net cash used in Financing & operating activities 55,760 (2,288) Investing activities Acquisition of unrestricted property, plant, and equipment 13 (1,551) (949) Acquisition of restricted property, plant, and equipment 13 (365) (946) Acquisition of intangible assets 14 - (112) Proceeds from sale of property, plant, and equipment 5 123 166 Net cash used in investing activities (1,793) (1,841) - - Net decrease in cash and cash equivalent * 53,967 (4,122) Net foreign exchange difference - - Cash and cash equivalents at 1 January * 9 13,568 17,690 Cash and cash equivalents at 31 December * 67,535 13,568 14 14 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNATIONAL INSGTrIoTuUpT AEn OnuFa Tl RReOpPoIrCtsA aLn Ad GFiRnIaCnUciLaTl UstRatEe ments Group Annual RepoFrtosr athned y Feianra enncdieadl s3t1a Dteemceemnbtes r 2022 For the year ended 31 December 2022 IITA Statement of cash flows 2022 2021 Notes $'000 $'000 Surplus 533 296 Non-cash adjustments to reconcile surplus to net cashflows: Interest income 5 (15) (13) Gain on disposal of property, plant, and equipment 5 (72) (166) Allowance for impairment loss 10.1 - Depreciation of unrestricted assets 13 1,348 1,369 Depreciation of restricted assets 13 675 742 Amortisation of intangible assets 14 368 367 PPE adjustments 13 (292) - Amortisation of deferred income from donors 18 - (742) Employee benefit expense 17.1 99 59 2,644 1,912 Decrease/ (increase) in assets Investments 9 Accounts receivable: Donors 10.1 8,594 (7,462) Employees 10.2 406 95 CGIAR Centers 10 662 558 Receivables from BIP 10.1.1 (221) (248) Other receivables 10.3 (1,747) (74) Prepayments 11 (3,087) (115) Inventories 12 215 (27) Other assets 15 - - Increase/ (decrease) in liability Accounts payable: Donors 16.1 45,010 1,910 Employees 16.2 (308) 132 CGIAR Centers 16 2,043 121 Payable to BIP 16 - - Others 16.3 1,706 45 Employee benefit liability 17 71 35 Deferred income from donors 18 (165) 840 55,823 (2,278) Interest income 15 13 Benefit paid (46) (68) Net cash used in operating activities 55,792 (2,333) Investing activities Acquisition of unrestricted property, plant, and equipment 13 (1,550) (949) Acquisition of restricted property, plant, and equipment 13 (307) (840) Acquisition of intangible assets 14 - (112) Proceeds from sale of property, plant, and equipment 5 72 166 Net cash used in investing activities (1,785) (1,735) Net decrease in cash and cash equivalent 54,007 (4,067) Net foreign exchange difference - Cash and cash equivalents at 1 January 9 13,126 17,193 Cash and cash equivalents at 31 December 67,133 13,126 15 15 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 1 Corporate information The financial statements of the International Institute of Tropical Agriculture ("IITA”, “Institute" or "Center") for the year ended 31 December 2022 were authorized for issue in accordance with a resolution of the Board of Trustees on 22 May 2023. The International Institute of Tropical Agriculture (IITA) is a private, autonomous, international in character, not-for-profit, tax free, scientific, and educational institute chartered under the laws of Nigeria by Decree number 32 dated July 1967, to engage in research on resource and crop management and the improvement of selected food crops in Sub-Saharan Africa. IITA, a One CGIAR Center headquartered in Ibadan, Nigeria; is one of Africa’s seminal partners in applied agricultural research for sustainable food futures. One CGIAR is a dynamic reformulation of CGIAR’s partnerships, knowledge, assets and global presence, aiming for greater integration and impact in the face of the interdependent challenges of today’s world. One CGIAR research is dedicated to reducing rural poverty, increasing food security, improving human health and nutrition, and ensuring more sustainable management of natural resources. IITA has a subsidiary, The International Institute of Tropical Agriculture Business Incubation Platform (IITA-BIP) Limited which it wholly owns. IITA-BIP is the technology delivery arm of the IITA. Through a multi-stakeholder approach, it commercializes and scales out ground-breaking agricultural technologies and services that meet market demands. In doing so it stimulates product development and market expansion and provides expertise and training in commercial agriculture and farm management in Nigeria and Africa. Agribusinesses such as GoSeed, NoduMax, and aflasafe™, turn research into results, giving farmers access to better agricultural products such as high-quality seeds, efficient bioinoculants, and improved biocontrol methods. BIP has two subsidiaries, namely GoSeed which is wholly owned and Cropnut in which it has a 51% stake. Consolidated financial Statements. The Group has prepared consolidated financial statements for the first time. The consolidated financial statements incorporate the financial statements of IITA and Business Incubation Platform (BIP) Limited for the year ended 31 December 2022. The major assumption made in consolidating the financial statements is that BIP Limited is a wholly owned subsidiary of IITA. BIP's financial statements that have been used in this consolidation include a consolidated financial statement of its two subsidiaries. The 49% non-controlling stake in Cropnut has been adjusted in preparing BIP's consolidated financial statements and represented as the Non-Controlling Interest in the financial position. 16 16 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 2 Adoption of new and revised IFRS standards a) New standards, amendments and interpretations adopted by the Institute In the current year, the Group has applied a number of amendments to IFRS Accounting Standards issued by the International Accounting Standards Board (IASB) that are mandatorily effective for an accounting period that begins on or after 1 January 2022. Their adoption has not had any material impact on the disclosures or on the amounts reported in these financial statements. I. Amendments to IFRS 3 Reference to the Conceptual Framework The Group has adopted the amendments to IFRS 3 Business Combinations for the first time in the current year. The amendments update IFRS 3 so that it refers to the 2018 Conceptual Framework instead of the 1989 Framework. They also add to IFRS 3 a requirement that, for obligations within the scope of IAS 37 Provisions, Contingent Liabilities and Contingent Assets, an acquirer applies IAS 37 to determine whether at the acquisition date a present obligation exists as a result of past events. For a levy that would be within the scope of IFRIC 21 Levies, the acquirer applies IFRIC 21 to determine whether the obligating event that gives rise to a liability to pay the levy has occurred by the acquisition date. II. Amendments to IAS 16 Property, Plant and Equipment— Proceeds before Intended Use The Group has adopted the amendments to IAS 16 Property, Plant and Equipment for the first time in the current year. The amendments prohibit deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced before that asset is available for use, i.e. proceeds while bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Consequently, an entity recognizes such sales proceeds and related costs in statement of activities. The entity measures the cost of those items in accordance with IAS 2 Inventories. The amendments also clarify the meaning of 'testing whether an asset is functioning properly'. IAS 16 now specifies this as assessing whether the technical and physical performance of the asset is such that it is capable of being used in the production or supply of goods or services, for rental to others, or for administrative purposes. If not presented separately in the statement of comprehensive income, the financial statements shall disclose the amounts of proceeds and cost included in profit or loss that relate to items produced that are not an output of the entity’s ordinary activities, and which line item(s) in the statement of comprehensive income include(s) such proceeds and cost. This has no effect on these financial statements. III. Amendments to IAS 37 Onerous Contracts—Cost of Fulfilling a Contract The Group has adopted the amendments to IAS 37 for the first time in the current year. The amendments specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract. Costs that relate directly to a contract consist of both the incremental costs of fulfilling that contract (examples would be direct labor or materials) and an allocation of other costs that relate directly to fulfilling contracts (an example would be the allocation of the depreciation charge for an item of property, plant and equipment used in fulfilling the contract) In the current year, The Group has applied a number of amendments to IFRS Standards and Interpretations issued by the IASB that are effective for an annual period that begins on or after 1 January 2019. Their adoption has not had any material impact on the disclosures or on the amounts reported in these financial statements. Annual Improvements to IFRS Accounting Standards 2018-2020 Cycle The Group has adopted the amendments included in the Annual Improvements to IFRS Accounting Standards 2018-2020 Cycle for the first time in the current year. The Annual Improvements include amendments to four standards. 17 17 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE GINroTuERpN AAnTnIOuNalA RL eINpSoTrItTsU aTnEd O FFi nTaRnOcPiIaClA sLt aAtGeRmICeUnLtTsU RE Group Annual Reports and Financial statements For the Fyoera trh ee nyedaerd e 3n1d eDde 3c1e mDebceerm 2b0e2r 220 22 Notes to the financial statements. 2 Adoption of new and revised IFRS standards (cont’d) a) New standards, amendments and interpretations adopted by the Institute (cont’d) IV. IFRS 1 First-time Adoption of International Financial Reporting Standards The amendment provides additional relief to a subsidiary which becomes a first-time adopter later than its parent in respect of accounting for cumulative translation differences. As a result of the amendment, a subsidiary that uses the exemption in IFRS 1:D16(a) can now also elect to measure cumulative translation differences for all foreign operations at the carrying amount that would be included in the parent’s consolidated financial statements, based on the parent’s date of transition to IFRS Accounting Standards, if no adjustments were made for consolidation procedures and for the effects of the business combination in which the parent acquired the subsidiary. A similar election is available to an associate or joint venture that uses the exemption in IFRS 1: D16(a) V IFRS 9 Financial Instruments The amendment clarifies that in applying the '10 per cent' test to assess whether to derecognise a financial liability, an entity includes only fees paid or received between the entity (the borrower) and the lender, including fees paid or received by either the entity or the lender on the other’s behalf. This amendment has no effect on the financial statement of the group. VI IFRS 16 Leases The amendment removes the illustration of the reimbursement of leasehold improvements. Currently the group does not have any leased properties. VII IAS 41 Agriculture The amendment removes the requirement in IAS 41 for entities to exclude cash flows for taxation when measuring fair value. This aligns the fair value measurement in IAS 41 with the requirements of IFRS 13 Fair Value Measurement to use internally consistent cash flows and discount rates and enables preparers to determine whether to use pre-tax or post-tax cash flows and discount rates for the most appropriate fair value measurement. While IITA has not adopted this standard, BIP Limited has adopted but the amendment has no effect on these financial statements. New and revised IFRS Accounting Standards in issue but not yet effective At the date of authorization of these financial statements, The Group has not applied the following new and revised IFRS Accounting Standards that have been issued but are not yet effective. At the date of authorization of these financial statements, the Group has not applied the following new and revised IFRS Standards that have been issued but are not yet effective: IFRS 17 (including the June 2020 and December 2021 amendments to IFRS 17) Insurance Contracts Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture Amendments to IAS 1 Classification of Liabilities as Current or Non-current Amendments to IAS 1 and IFRS Practice Statement 2 Disclosure of Accounting Policies Amendments to IAS 8 Definition of Accounting Estimates Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction The Board of Trustees do not expect that the adoption of the Standards listed above will have a material impact on the financial statements of the Group in future periods, except as noted below. 18 18 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 2 Adoption of new and revised IFRS standards (cont’d) a) New standards, amendments and interpretations adopted by the Institute (cont’d) VIII IFRS 17 Insurance Contracts IFRS 17 establishes the principles for the recognition, measurement, presentation, and disclosure of insurance contracts and supersedes IFRS 4 Insurance Contracts. IFRS 17 outlines a general model, which is modified for insurance contracts with direct participation features, described as the variable fee approach. The general model is simplified if certain criteria are met by measuring the liability for remaining coverage using the premium allocation approach. The general model uses current assumptions to estimate the amount, timing and uncertainty of future cash flows and it explicitly measures the cost of that uncertainty. It takes into account market interest rates and the impact of policyholders’ options and guarantees. In June 2020, the IASB issued Amendments to IFRS 17 to address concerns and implementation challenges that were identified after IFRS 17 was published. The amendments defer the date of initial application of IFRS 17 (incorporating the amendments) to annual reporting periods beginning on or after 1 January 2023. At the same time, the IASB issued Extension of the Temporary Exemption from Applying IFRS 9 (Amendments to IFRS 4) that extends the fixed expiry date of the temporary exemption from applying IFRS 9 in IFRS 4 to annual reporting periods beginning on or after 1 January 2023 In December 2021, the IASB issued Initial Application of IFRS 17 and IFRS 9—Comparative Information (Amendment to IFRS 17) to address implementation challenges that were identified after IFRS 17 was published. The amendment addresses challenges in the presentation of comparative information. IFRS 17 must be applied retrospectively unless impracticable, in which case the modified retrospective approach or the fair value approach is applied. IX Amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures—Sale or Contribution of Assets between an Investor and its Associate or Joint Venture The amendments to IFRS 10 and IAS 28 deal with situations where there is a sale or contribution of assets between an investor and its associate or joint venture. Specifically, the amendments state that gains or losses resulting from the loss of control of a subsidiary that does not contain a business in a transaction with an associate or a joint venture that is accounted for using the equity method, are recognized in the parent’s profit or loss only to the extent of the unrelated investors’ interests in that associate or joint venture. Similarly, gains and losses resulting from the remeasurement of investments retained in any former subsidiary (that has become an associate or a joint venture that is accounted for using the equity method) to fair value are recognized in the former parent’s profit or loss only to the extent of the unrelated investors’ interests in the new associate or joint venture. The effective date of the amendments has yet to be set by the IASB; however, earlier application of the amendments is permitted. The directors of the Company anticipate that the application of these amendments may have an impact on The Group's consolidated financial statements in future periods should such transactions arise. 19 19 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 2 Adoption of new and revised IFRS standards (cont’d) a) New standards, amendments and interpretations adopted by the Institute (cont’d) X Amendments to IAS 1 Presentation of Financial Statements—Classification of Liabilities as Current or Noncurrent The amendments to IAS 1 published in January 2020 affect only the presentation of liabilities as current or noncurrent in the statement of financial position and not the amount or timing of recognition of any asset, liability, income or expenses, or the information disclosed about those items. The amendments clarify that the classification of liabilities as current or non-current is based on rights that are in existence at the end of the reporting period, specify that classification is unaffected by expectations about whether an entity will exercise its right to defer settlement of a liability, explain that rights are in existence if covenants are complied with at the end of the reporting period, and introduce a definition of ‘settlement’ to make clear that settlement refers to the transfer to the counterparty of cash, equity instruments, other assets or services. The amendments are applied retrospectively for annual periods beginning on or after 1 January 2023, with early application permitted. The IASB is currently considering further amendments to the requirements in IAS 1 on classification of liabilities as current or non-current, including deferring the application of the January 2020 amendments. The Board of Trustees anticipate that the application of these amendments may have an impact on the Group's consolidated financial statements in future periods. Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement. While the Group has adopted this amendment, it has no effect on these financial statements. XI Amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements—Disclosure of Accounting Policies The amendments change the requirements in IAS 1 with regard to disclosure of accounting policies. The amendments replace all instances of the term ‘significant accounting policies’ with ‘material accounting policy information.’ Accounting policy information is material if, when considered together with other information included in an entity’s financial statements, it can reasonably be expected to influence decisions that the primary users of general-purpose financial statements make on the basis of those financial statements. The supporting paragraphs in IAS 1 are also amended to clarify that accounting policy information that relates to immaterial transactions, other events or conditions is immaterial and need not be disclosed. Accounting policy information may be material because of the nature of the related transactions, other events, or conditions, even if the amounts are immaterial. However, not all accounting policy information relating to material transactions, other events or conditions is itself material. The amendments to IAS 1 are effective for annual periods beginning on or after 1 January 2023, with earlier application permitted and are applied prospectively. The amendments to IFRS Practice Statement 2 do not contain an effective date or transition requirements. 20 20 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 2 Adoption of new and revised IFRS standards (cont’d) a) New standards, amendments and interpretations adopted by the Institute (cont’d) XII Amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors—Definition of Accounting Estimates The amendments replace the definition of a change in accounting estimates with a definition of accounting estimates. Under the new definition, accounting estimates are “monetary amounts in financial statements that are subject to measurement uncertainty.” The definition of a change in accounting estimates was deleted. However, the IASB retained the concept of changes in accounting estimates in the Standard with the following clarifications: • A change in accounting estimate that results from new information or new developments is not the correction of an error • The effects of a change in an input or a measurement technique used to develop an accounting estimate are changes in accounting estimates if they do not result from the correction of prior period errors The amendments are effective for annual periods beginning on or after 1 January 2023 to changes in accounting policies and changes in accounting estimates that occur on or after the beginning of that period, with earlier application permitted. The group has adopted this amendment. XIII Amendments to IAS 12 Income Taxes—Deferred Tax related to Assets and Liabilities arising from a Single Transaction The amendments introduce a further exception from the initial recognition exemption. Under the amendments, an entity does not apply the initial recognition exemption for transactions that give rise to equal taxable and deductible temporary differences. Depending on the applicable tax law, equal taxable and deductible temporary differences may arise on initial recognition of an asset and liability in a transaction that is not a business combination and affects neither accounting nor taxable profit. For example, this may arise upon recognition of a lease liability and the corresponding right-of-use asset applying IFRS 16 at the commencement date of a lease. Following the amendments to IAS 12, an entity is required to recognise the related deferred tax asset and liability, with the recognition of any deferred tax asset being subject to the recoverability criteria in IAS 12. "The IASB also adds an illustrative example to IAS 12 that explains how the amendments are applied. The amendments apply to transactions that occur on or after the beginning of the earliest comparative period presented. In addition, at the beginning of the earliest comparative period an entity recognises: • A deferred tax asset (to the extent that it is probable that taxable profit will be available against which the deductible temporary difference can be utilised) and a deferred tax liability for all deductible and taxable temporary differences associated with: - Right-of-use assets and lease liabilities - Decommissioning, restoration and similar liabilities and the corresponding amounts recognised as part of the cost of the related asset. • The cumulative effect of initially applying the amendments as an adjustment to the opening balance of retained earnings (or other component of equity, as appropriate) at that date" The amendments are effective for annual reporting periods beginning on or after 1 January 2023, with earlier application permitted. The Board of Trustees anticipate that the application of these amendments may have an impact on the Group's consolidated financial statements in future periods should such transactions arise. 21 21 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3 Significant accounting policies 3.1 Basis of preparation The financial statements of IITA have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The financial statements have been prepared on the historical cost basis, except for the revaluation of certain properties and financial instruments that are measured at revalued amounts or fair values at the end of each reporting period, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for goods and services. Going concern Management has made an assessment of IITA’s ability to continue as a going concern and is satisfied that IITA has the resources to continue in operations for the foreseeable future. Furthermore, management is not aware of any material uncertainties that may cast significant doubt upon the IITA’s ability to continue as a going concern. We have also considered the effects of the Corona Virus epidemic on the finances of the institute and we are of the view that they will not affect the organisation’s ability to meet its obligations. Management is in the process of engaging cooperating partners with a view of getting a full understanding of this. Therefore, the financial statements continue to be prepared on the going concern basis. 3.2 Summary of significant accounting policies The following are the significant accounting policies applied by IITA in preparing its financial statements: I. Current versus non-current classification IITA presents assets and liabilities in the statement of financial position based on current/non- current classification. An asset is current when it is: - Expected to be realised or intended to be sold or consumed in the normal operating cycle - Held primarily for the purpose of trading - Expected to be realised within twelve months after the reporting period, or - Cash and short-term deposits unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period All other assets are classified as non-current. A liability is current when: - It is expected to be settled in the normal operating cycle - It is held primarily for the purpose of trading - It is due to be settled within twelve months after the reporting period, or - There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period IITA classifies all other liabilities as non - current. 22 22 INTERNATINIOTNERANLA ITNIOSNTIATLU ITNES TOITFU TTRE OOPF ITCRAOLP AICGARL IACGURLITCUURLTEU RE Group AGnnrouuapl ARnenpuoarlt Rs eapnodrt Fs iannadn Fciinaal nsctiaatl esmtateenmtse n ts For the year ended 31 December 2022 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) II. Fair value measurement The Institute has not measured financial instruments and non-financial assets at fair value at the statement of financial position date. Fair value related disclosures for financial assets are summarised in the following notes: Accounting policy disclosures - Note 3 Disclosures for valuation methods, significant estimates, and assumptions - Note 20 Quantitative disclosures of fair value measurement hierarchy - Note 20 Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: - In the principal market for the asset or liability Or - In the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by IITA. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non-financial asset takes into account a market participant's ability to generate economic benefits from the asset’s highest and best use or by selling it to another market participant that would utilise the asset in its highest and best use. IITA uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant observable inputs and minimising the use of unobservable inputs. All assets and liabilities for which fair value is disclosed in the financial statements are categorized within the fair value hierarchy. This is described, as follows, based on the lowest level input that is significant to the fair value measurement as a whole: - Level 1 — Quoted (unadjusted) market prices in active markets for identical assets or liabilities - Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is directly or indirectly observable - Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable Others For the purpose of fair value disclosures, IITA has determined classes of assets and liabilities on the basis of the nature, characteristics and risks of the asset or liability and the level of the fair value hierarchy, as explained above. 23 23 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group AnGnrouuapl RAenpnuoartl sR eapnodr tFsi nanadn cFiianal nstcaiatle smtaetenmtse nts For the year ended 31 December 2022 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) III. Revenue Recognition Grant Revenues are comprised of contributions received from various Funders through different funding sources: Window 1 (Pooled funding), Window 3 and Bilateral. Revenue is recognized when there is reasonable assurance that the Center has complied with the conditions attached to the grant and that the grant will be received. Restricted grants are recognized as revenue to the extent of expenses incurred and are within the approved grant award. Revenue is classified into two (2) streams: • Portfolio Grants are those received from a transfer of resources to the Institute in return for past or future compliance to the operating activities of the Institute. Portfolio Grants are divided into Pooled and Non-Pooled funds. The Pooled Funds are referred to as Initiatives while the Non-Pooled funds are sub-divided into Window 3 and Bilateral. All portfolio grants are categorized into three science groups namely Genetic Innovation, Window 3, Bilateral. • Non-Portfolio Grants are those received from unconditional transfers of cash or other assets to the Institute. This is basically Country Grant or Government Grant. Initiatives Initiatives – funding for Initiatives are centrally managed by the CGIAR System Organization based on available pooled funds pledged by the Funders. Estimated Funding allocations by Initiatives are approved by the System Council through the Financing Plan. Each Centers’ share of the Initiatives funding is developed by the Initiative Leads with concurrent approvals by the Science Managing Directors. Window 3: In window 3, the donor directly identifies the research center with a program it wishes to fund and remits the funds for the research through CGIAR funding window to the research center. Bilateral funds These are funds sent by the Donor to the identified research center without the involvement of CGIAR. Bilateral incorporates the old challenge programs and N-CRP. Grants-in-kind These are recorded at the fair value of the assets (or services) received or promised. IV. Foreign currencies IITA’s financial statements are presented in the US. dollars (US$), which is also the Institute's functional currency. Transactions and balances Transactions in foreign currencies are initially recorded by IITA at their functional currency spot rates at the date the transaction first qualifies for recognition. Monetary assets and liabilities denominated in foreign currencies are retranslated at the currency spot rates of exchange ruling at the reporting date. Differences arising on settlement or translation of monetary items are recognised in the statement of activities. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates as at the dates of the initial transactions. 24 24 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) V. Government grants Government grants are recognised when there is a reasonable assurance that the grant will be received, and all attached conditions will be complied with. When the grant relates to an expense item, it is recognised as income on a systematic basis over the periods that the costs, which it is intended to compensate, are expensed. Where the grant relates to an asset, it is recognised as deferred income in the statement of financial position and transferred to statement of activities on a systematic and rational basis over the useful lives of the related assets. When IITA receives non - monetary grants, the assets and the grant are recorded at nominal amount. VI. Cash and short - term deposits Cash and short-term deposits in the statement of financial position comprises cash at banks and on hand and short-term deposits with a maturity of three months or less, which are subject to an insignificant risk of changes in value. Cash and short-term deposits also comprise of cash equivalents which are short-term, highly liquid investments that are: i) readily convertible to known amounts of cash; and ii) invested for a period of 3 months or less, hence the risk of changes in value due to changes in interest rates are insignificant. VII. Property, plant, and equipment Property, plant, and equipment are tangible goods that are held for use related to the main objective of the Center, including research activities and administrative and technical support activities; and are expected to be used during more than one accounting period. Property, plant, and equipment are stated at cost, net of accumulated depreciation and/or accumulated impairment losses, if any. Such cost includes the cost of purchase, costs directly attributable to bringing the asset to the location and condition necessary for use. Property, plant, and equipment acquired through non-monetary grants are recognized at the nominal amount at the date of the grant. Such grants are presented in the statement of financial position as deferred income and are taken into account as revenue on a systematic and rational basis over the lifespan of the asset. Property, plant, and equipment acquired through monetary grants are recognized at cost at the date of acquisition. All new facilities provided by host countries to the Center or built for the use of the Center, which will revert to the host country in the event the Center ceases operations, are recognized as assets. The land is recognised at nominal value and the buildings at historical cost. Subsequent expenditures are added to the cost of the property, plant, and equipment only if the expenditure improves the condition of the asset beyond its originally assessed standard of performance. All other subsequent expenditures are recognized as expenses of the period incurred. 25 25 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) VII. Property, plant, and equipment Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets as follows: Land Nil Buildings 50 years Infrastructure 40 years Powerhouse 25 years Laboratory and Scientific equipment 6 years Furniture and equipment 6 years Motor vehicles 5 years Computer equipment 3 years The land on which the headquarters is situated was allocated by decree (by provisions of the law). Government of Nigeria made the land available in 1967 for 99 years on leasehold arrangement for the use of IITA. IITA has elected to record both the assets and grant at a nominal amount. For assets acquired with restricted funds, IITA depreciates the assets over the project life. Depreciation begins when the asset is available for use. Depreciation ceases at the earlier of the date that the asset is classified as held for sale, and the date the asset is derecognized. The depreciation charge for each period is recognized in the statement of activities. An item of property, plant and equipment is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the statement of activities precisely in other operating income when there is a gain and, in the management, and general expenses when there is a loss. The residual values, useful lives, and methods of depreciation of property, plants and equipment are reviewed at each financial year end and adjusted prospectively, if appropriate. VIII. Intangible assets Intangible assets acquired separately are measured on initial recognition at cost. Following initial recognition, intangible assets are carried at cost less accumulated amortisation and accumulated impairment losses, if any. Internally generated intangible assets, excluding capitalised development costs, are not capitalised and expenditure is recognised in the statement of activities when it is incurred. Intangible assets are subsequently measured using the cost model (cost less accumulated amortization and any accumulated impairment losses if any). The useful lives of intangible assets are assessed to be finite. The useful lives of an intangible assets are allocated on a straight-line basis as shown below: 26 26 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) VIII. Intangible assets (cont’d) Computer software - 3 years Intangible assets with finite lives are amortised over their useful economic lives and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortisation period and the amortisation method for an intangible asset with a finite useful life are reviewed at least at the end of each reporting period. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are accounted for by changing the amortisation period or method, as appropriate, and are treated as changes in accounting estimates. The amortisation expense on intangible assets with finite lives is recognised in the management and general expenses in the statement of activities. Research and development costs Research costs are expensed as incurred. Development expenditures on an individual project are recognised as an intangible asset when the Institute can demonstrate: • The technical feasibility of completing the intangible asset so that it will be available for use or sale • Its intention to complete and its ability to use or sell the asset • How the asset will generate future economic benefits • The availability of resources to complete the asset. • The ability to measure reliably the expenditure during development. Following initial recognition of the development expenditure as an asset, the cost model is applied requiring the asset to be carried at cost less any accumulated amortisation and accumulated impairment losses. Amortisation of the asset begins when development is complete, and the asset is available for use. It is amortised over the period of expected future benefit. During the period of development, the asset is tested for impairment annually. IX. Inventories Inventories are supplies consumed in the operations of the Institute. They are valued at the lower of cost and net realisable value. The cost of inventories comprises all costs of purchase and other costs incurred in bringing the inventories to their present location and condition. The cost of inventories is assigned using the weighted average method. Inventory write down is recognized as an expense in the statement of activities. The amount of any reversal of previously written down Inventories arising from increase in net realisable value is recognised as a reduction in the value of inventories recognised as an expense in the period in which the reversal occurs. The Institute uses a symmetric movement with rates: (0%, 25%, 50% and 20%) method in determining the amount of inventory provision. Rates applicable to each class are subject to periodic review. 27 27 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) X. Impairment of non - financial assets IITA assesses at each reporting date whether there is an indication that an asset may be impaired. If any indication exists, or when annual impairment testing for an asset is required, the Institute estimates the asset’s recoverable amount. An asset’s recoverable amount is the higher of an asset’s or Cash Generating Unit's (CGU) fair value less costs of disposal and its value in use. It is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. Where the carrying amount of an asset or Cash Generating Unit (CGU) exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. In determining fair value less costs of disposal, recent market transactions are taken into account. If no such transactions can be identified, an appropriate valuation model is used. These calculations are corroborated by valuation multiples, quoted share prices for publicly traded subsidiaries or other available fair value indicators. A previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the asset’s recoverable amount since the last impairment loss was recognised. The reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognised for the asset in prior years. Such reversal is recognised in the statement of activities. Their subsequent recognition and measurement will depend on their classification. XI. Financial instruments — initial recognition and subsequent measurement A financial instrument will be recognised in the statement of financial position when the Institute becomes party to the contractual provisions of the instrument. At initial recognition, financial instruments are either measured at amortised cost or fair value through profit or loss or other comprehensive income (OCI). This is recognised less the costs that are directly attributable to the acquisition or issue of the financial asset or the financial liability. The fair value at initial recognition will be the transaction price unless there is evidence to show that it is not the case. The above classification depends on both the contractual characteristics of the financial instruments and the business model adopted for their management, which is determined at the time of initial recognition. Financial assets that are subsequently measured at either amortized cost or debt instruments at fair value through profit or loss or OCI, are subject to provisions for impairment. The financial assets applicable to the Institute are: i) cash and cash equivalents and ii) loans and receivables. 28 28 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XI. Financial instruments — initial recognition and subsequent measurement (cont’d) Subsequent measurement Following the initial recognition of financial assets and liabilities, their subsequent measurement and accounting treatment depends on their classification though there are a few exceptions to this. Either financial assets and liabilities that classified as fair value through profit or losses and other comprehensive income are measured at fair value or financial assets and liabilities at amortised cost. Amortised cost will be calculated using the effective interest rate. Financial assets at amortised cost Financial assets are classified at amortized cost only if both of the following criteria are met: 1. The objective of the entity’s business model is to hold the asset in order to collect the contractual cash flows; and 2. The contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal outstanding: (i) Principal is the fair value of the financial asset at initial recognition. (ii) Interest consists of consideration for the time value of money, for the credit risk associated with the principal amount outstanding during a particular period of time and for other basic lending risks and costs, as well as a profit margin. Interest income from these financial assets is included in finance income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss and presented in other gains/(losses) together with foreign exchange gains and losses. Impairment losses are presented as separate line item in the statement of profit or loss. Financial asset, at fair value through profit or loss (“FVTPL”) Financial assets that are classified at fair value through profit or loss are initially measured at fair value and subsequently carried at fair value on the statement of financial position with all changes in fair value gains and losses and foreign exchange gains and losses, recognized in the income statement in the period in which they occur. Transaction costs on these financial assets are expensed in the income statement. In addition, a debt instrument that could meet amortized cost criteria can be designated and measured at FVTPL. Upon initial recognition if such designation significantly reduces or eliminates a measurement or recognition inconsistency, referred to as an “accounting mismatch”, which would arise from measuring assets or recognizing the gains and losses on them on different bases 29 29 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XI. Financial instruments — initial recognition and subsequent measurement (cont’d) Financial assets, at fair value through other comprehensive income(“FVOCI”) Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets’ cash flows represent solely payments of principal and interest, are measured at FVOCI. Movements in the carrying amount are taken through OCI, except for the recognition of impairment gains or losses, interest income and foreign exchange gains and losses which are recognised in profit or loss. When the financial asset is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from equity to profit or loss and recognised in other gains/(losses). Interest income from these financial assets is included in finance income using the effective interest rate method. Foreign exchange gains and losses are presented in other gains/(losses) and impairment expenses are presented as separate line items in the statement of profit or loss. Debt instruments are classified and subsequently measured at fair value through other comprehensive income only if both of the following criteria are met: 1. The objective of the entities’ business model is achieved by both collecting the contractual cash flows and selling the financial asset; and 2. The contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal outstanding: (i) Principal is the fair value of the financial asset at initial recognition. (ii) Interest consists of consideration for the time value of money, for the credit risk associated with the principal amount outstanding during a particular period of time and for other basic lending risks and costs, as well as a profit margin. Impairment For IITA, and in accordance with IFRS 9, a loss allowance for expected credit losses is recognized on financial assets that are measured (i) at amortized cost (ii) at fair value through profit or loss or other comprehensive income. The Institute assesses on a forward-looking basis the expected credit loss associated with its debt instruments carried at amortised cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. Financial liabilities Financial liabilities are classified as either financial liabilities ‘at FVTPL’ or ‘other financial liabilities’. Other financial liabilities (including borrowings and trade and other payables) are measured at fair value at initial recognition and subsequently at amortised cost using the effective interest method. The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or (where appropriate) a shorter period, to the net carrying amount on initial recognition. 30 30 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XI. Financial instruments — initial recognition and subsequent measurement (cont’d) Financial liabilities(cont’d) The Institute derecognises financial liabilities when and only when the Institute’s obligations are discharged, cancelled or they expire. The difference between the carrying amount of the financial liability derecognised and the consideration paid and payable is recognised in profit or loss. The impairment requirements of IFRS 9 apply to financial assets that are measured at amortized cost or FVTOCI. The determination of impairment losses and allowance has moved from an incurred credit loss model whereby credit losses are recognized when a defined loss event occurs under IAS 39, to an expected loss model under IFRS 9, where provisions for impairment are taken upon initial recognition of the financial asset based on expectations of potential credit losses at that time. Under IFRS 9 for financial assets originated or purchased on initial recognition, IITA recognizes an impairment loss at an amount equal to 12-month ECL. This shall continue if the credit risk at the reporting date has not increased significantly since initial recognition; therefore, was and shall remain in Stage 1. IFRS 9 requires the recognition of credit losses over the remaining life of the financial assets (“Lifetime expected credit losses”) which are considered to have experienced a significant increase in credit risk (e.g. Stage 2) and for financial assets that are credit impaired at the reporting date (e.g. Stage 3). The lifetime expected credit losses represent all possible expected losses events over the expected life of a financial instrument. Credit impaired A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit impaired includes observable data about the following events: -Significant financial difficulty of the donor Renegotiated financial assets. Modifications occur when the contractual cash flows of a financial asset are renegotiated or otherwise modified. Some modifications result in derecognition of the existing asset and recognition of a new asset, while other modifications do not result in derecognition. Modifications that result in derecognition are considered to be substantial modifications. An example of these modifications will be when IITA renegotiates an agreement with the donors. Write-offs According to the IFRS 9, the gross carrying amount of a financial asset may be directly reduced when there is no reasonable expectation of recovering the financial asset in its entirety or a portion of it. As such, IITA can write off the write all receivables that have reached stage 3. The Institute can also on an ad-hoc basis examine any financial assets for write off. 31 31 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XI. Financial instruments — initial recognition and subsequent measurement (cont’d) Cash and cash equivalents Cash is a financial asset because it represents the medium of exchange and is therefore the basis on which all transactions are measured and recognised in financial statements. Cash deposits in banks give IITA the right to receive cash or draw cheques or other instruments against a favourable balance. All cash and bank balances will be recognised at fair value, which is the transaction price, unless there are indications that it has been impaired. IITA maintains the bulk of its funds in US Dollars, which helps in mitigating against exchange risks against local currencies in countries where the Institute operates. Accounts receivable – Employees After initial measurement, accounts receivable from employees are subsequently measured at amortised cost using the effective interest rate (EIR) method, less impairment. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included in the statement of activities. The losses arising from impairment are recognised in the statement of activities. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognised when: - The rights to receive cash flows from the asset have expired, or - The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a ‘pass-through’ arrangement, and either i. The Group has transferred substantially all the risks and rewards of the asset, or ii. The Group has neither transferred nor retained substantially all the risks and rewards of the asset but has transferred control of the asset. XII. Financial instruments — initial recognition and subsequent measurement - Policy applicable prior to 1 January 2018 A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. Financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as financial assets at fair value through profit or loss, loans and receivables, held-to-maturity investments, available for sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The Group only has loans and receivables. All financial assets are recognised initially at fair value plus, in the case of assets not at fair value through profit or loss, transaction costs that are attributable to the acquisition of the financial asset. 32 32 INTERNATINIOTNERANLA ITNIOSTNIATLU ITNES TOITFU TTRE OOPFI TCRAOLP AICGARL IACGURLITCUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tthse a yneda rF einnadnedc i3a1l sDteacteemmbeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XII. Financial instruments — initial recognition and subsequent measurement - Policy applicable prior to 1 January 2018 (cont’d) Subsequent measurement The subsequent measurement of financial assets depends on their classification as described below: Accounts receivable – Donors: These are claims held against donors for the future receipt of money, goods, or services. Receivables due from donors can arise from unrestricted grants that are due as a receivable by the Center and amounts due from restricted grants that have been negotiated between a donor and the Center. Unrestricted accounts receivable are recognized initially at fair value. Restricted grants are recognized and measured at cost. After initial recognition such accounts receivable are subsequently measured at amortised cost. Accounts receivable – Donors” are classified as follows: Unrestricted grants: Receivables from unrestricted grants are recognized in full in the period specified by the donor. Restricted grants: Receivables from restricted grants are recognized in accordance with the terms of the underlying contract. Restricted grants include projects financed by W1/W2, W3, and Bilateral funding. Accounts receivable – Employees After initial measurement, accounts receivable from employees are subsequently measured at amortised cost using the effective interest rate (EIR) method, less impairment. Amortised cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included in the statement of activities. The losses arising from impairment are recognised in the statement of activities. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognised when: - The rights to receive cash flows from the asset have expired, or The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a ‘pass-through’ arrangement, and either (i) The Group has transferred substantially all the risks and rewards of the asset, or (ii) The Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. 33 33 INTERNATINIOTNERANLA ITNIOSTNIATLU ITNES TOITFU TTRE OOPFI TCRAOLP AICGARL IACGURLITCUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tthse a yneda rF einnadnedc i3a1l sDteacteemmbeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XII. Financial instruments — initial recognition and subsequent measurement - Policy applicable prior to 1 January 2018 (cont’d) Impairment of financial assets Disclosures relating to impairment of financial assets are summarised in the following notes: - Disclosures for significant assumptions - Note 4 - Account receivables - Note 10 IITA assesses at each reporting date whether there is any objective evidence that a financial asset or a group of financial assets is impaired. An impairment exists if one or more events that has occurred since the initial recognition of the asset (an incurred ‘loss event’), has an impact on the estimated future cash flows of the financial asset that can be reliably estimated. Evidence of impairment may include indications that the donor or a group of donors is experiencing significant financial difficulty, the probability that they will enter bankruptcy or other financial reorganisation and where observable data indicates that there is a measurable decrease in the estimated future cash flows. Financial assets carried at amortised cost. For financial assets carried at amortised cost, The Group first assesses whether impairment exists individually for financial assets. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognised are not included in a collective assessment of impairment. The amount of any impairment loss identified is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future expected credit losses that have not yet been incurred). The present value of the estimated future cash flows is discounted at the financial asset’s original effective interest rate. The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognised in the management and general expenses line in the statement of activities. Interest income continues to be accrued on the reduced carrying amount using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. The interest income is recorded as part of other revenue and gains in the statement of activities. Loans, together with the associated allowance are written off when there is no realistic prospect of future recovery. If a write-off is later recovered, the recovery is credited to other operating income the statement of activities. 34 34 INTERNAITNITOENRANLA TINIOSNTAITL UINTSET IOTUF TTER OOFP TICRAOLP IACAGLR AICGURLICTUULRTUE RE Group Annual Reports and Financial statements Group Annual ReFopro trhtse ayenadr Feinndaendc 3ia1l Dsetacetemmbeern 2t0s 2 2 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XII. Financial instruments — initial recognition and subsequent measurement - Policy applicable prior to 1 January 2018 (cont’d) Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss and other financial liabilities. Financial liabilities are recognised initially at fair value. Financial liabilities include payables employees, CGIAR Centers and other payables. After initial recognition, taking into account the payment policy of the Center, account payables are measured at amortised cost which does not have significant differences with the fair value. Derecognition A financial liability is derecognised when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in statement of activities. Offsetting of financial instruments Financial assets and financial liabilities are offset with the net amount reported in the statement of financial position only if there is a current enforceable legal right to offset the recognised amounts and an intention to settle on a net basis, or to realise the assets and settle the liabilities simultaneously. The legally enforceable right must not be contingent on future events and must be enforceable in the normal course of business and in the event of default, insolvency or bankruptcy of the Institute or counterparty. Impairment of financial assets Disclosures relating to impairment of financial assets are summarised in the following notes: - Disclosures for significant assumptions- Note 3 - Account receivables- Note 10 Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss and other financial liabilities. Financial liabilities are recognised initially at fair value. Financial liabilities include payables employees, CGIAR Centers and other payables. After initial recognition, taking into account the payment policy of the Center, account payables are measured at amortised cost which does not have significant differences with the fair value. 35 35 INTERNATINIOTENRANLA ITNIOSNTIATLU INTEST OITFU TTRE OOPF ITCRAOLP AICGARL IACGURLITCUULRTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse a yneda rF eindaendc i3a1l sDteacteembeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XIII. Employee benefits Short - term benefits Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. Post - employment benefit Defined contribution plan. Pension IITA operates a defined contribution pension plan. Fixed contributions are paid to a separate entity. Once contributions are paid, IITA has no further obligation to the employee. Obligations for contributions to defined contribution plans are recognized as personnel cost in statement of activities in the periods during which services are rendered by employees. Staff contributions to the scheme are funded through payroll deductions. Defined benefit plan. Repatriation benefit The Group provides repatriation benefits to its internationally recruited staff. These benefits are payable on the return of the employee to his country of origin. The cost of providing benefits under the post-retirement benefit plan is determined separately using the projected unit credit method. The benefit is discounted using the effective interest rate (EIR) at the date of reporting. The benefit is amortised and recorded as a liability, the unwinding of the discount is recorded as an interest cost and the current service cost are recorded as personnel cost in the statement of activities. Re - measurements, comprising of actuarial gains and losses, are recognized immediately in the statement of financial position with a corresponding debit or credit to undesignated fund through other comprehensive income in the period in which the gains or losses occur. Re - measurements are not reclassified to the statement profit or loss in subsequent periods. Interest cost is calculated by applying the discount rate to the defined benefit liability. The Institute recognises the following changes in personnel cost under ‘management and general expenses in the statement of activities: - Current service cost - Interest cost Other long term employee benefits Severance benefits The Group pays severance benefits to its employees on the expiration of their respective contracts. The benefit is measured as the excess of 10% of gross emoluments over The Group contribution to the employee’s pension fund. 36 36 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFporr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 3.2 Summary of significant accounting policies (cont’d) XIII. Prepayment Prepayments are payments made in advance for services to be enjoyed in future. The amount is initially capitalised in the reporting period in which the payment is made and subsequently amortised over the period in which the service is to be enjoyed. XIV. Interest income Interest income is recognised in the statement of activities when it is probable that economic benefits will flow to the Institute and that amount can be reliably measured. XV. Deferred income – Donors These include grants received from donors for which conditions are not yet met and funds received in advance for restricted grants. Deferred income – Donors” are classified as follows: Unrestricted grants: are those received from the unconditional transfer of cash or other assets to the Center. Restricted grants: are those received from a transfer of resources to the Center in return for future compliance relating to the operating activities of the Center. Restricted Grants include W1/W2, W3, and Bilateral projects. XVI. Indirect Cost Recovery The indirect cost recovery represents the overhead cost recovered from the restricted projects based on rates agreed and as stated in each project agreement with donors. Calculation of indirect cost recovery rate is based upon Section 10 of CGIAR Financial Guidelines Series, No. 5, “Cost Allocation Guidelines XVII. Net assets Net assets comprise the residual interest in The Group's assets after liabilities are deducted. They are classified as either undesignated or designated: Undesignated net assets : Their use is not designated by The Group Management for specific purposes. Designated net assets: Those that have been restricted by The Group as reserve for replacing property, plant and equipment, intangible assets and other activities or purposes. 37 37 INTERNATINIOTENRANLA TINIOSNTAITLU INTSET OITFU TTER OOFP ITCRAOLP IACGALR IACGURLICTUULRTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse ayneadr F eindaendc i3a1l Dsteacteemmbeern 2ts0 2 2 For the year ended 31 December 2022 Notes to the financial statements. 4 Significant accounting judgments, estimates and assumptions. The preparation of IITA’s financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent liabilities. IITA has identified the following areas where significant estimates and assumptions are required, and where if actual results were to differ, may materially affect the financial position or financial results reported in future periods. Further information on each of these and how they impact on the various accounting policies is described in the relevant notes to the financial statements. Judgements No judgment has been applied by the management of IITA in the process of applying the accounting policies. Estimates and assumptions. The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. IITA based its assumptions and estimates on parameters available when the financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of IITA. Such changes are reflected in the assumptions when they occur. Impairment of financial assets The Institute reviews the estimation for impairment of receivable at the end of each reporting period and reflects the changes on a prospective basis. Useful life of Property, Plant and Equipment and Intangible Assets The estimation of the useful lives of assets is based on management’s judgement. Any material adjustment to the estimated useful lives of items of property, plant and equipment and intangible assets will have an impact on the carrying value of these items. Defined benefit plan. Repatriation benefit The cost of the defined benefit plan is namely: the repatriation benefit is determined using the projected unit credit method (PUCM) to determine the present value of the obligation at the end of each reporting period. The PUCM involves making various assumptions that may differ from actual developments in the future. These include the determination of the discount rate and contract renewal period. Due to the complexities involved in the valuation and its long-term nature, other long-term employee obligations are highly sensitive to changes in these assumptions. All assumptions are reviewed at each reporting date. The parameter most subject to change is the discount rate. In determining the appropriate discount rate to use, management's assumptions and yields on United States of America (USA) Treasury bills were used. The assumptions used in estimating the obligation are: - flight ticket increment rate - the number of family members - contract period 38 38 INTERNAINTITOENRNAALT IINONSTAILT IUNTSET IOTUFT TER OOFP TIRCOAPLI CAAGLR AIGCURILCTUULTRUER E Group Annual Reports and Financial statements Group Annual RFeopro trhtes yaenadr eFnindaedn c3i1a lD setcaetmembeer n2t0s2 2 For the year ended 31 December 2022 Notes to the financial statements. 5 Other gains and losses GROUP IITA ONLY 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Interest Income - General 15 13 15 13 Sale of fixed Assets 72 42 72 42 Remeasurement Gain/Loss (Note 17.2) (39) 124 (39) 124 Interest Income - Staff (7) (21) (7) (21) 41 158 41 158 6 Program-related expenses Program related expenses are expenses incurred by main research, research support, training, and information services as described below: i) Research programs: cover expenses on research for development in sub-Saharan Africa. ii) Research support programs: include genetic resource and biometrics units, farm operations, plant growth facilities, post-harvest engineering, analytical laboratory, and research management. iii) Training costs: include training offices, fellowships, workshops, seminars, allowances to trainees and training-related travel. iv) Information services: cover the costs of publication of annual reports and technical bulletins, translation and printing of various public information activities and library service. Program related expenses incurred as of 31 December are as follows: GROUP IITA ONLY 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Research - programs and support 111,960 98,813 111,960 98,813 Training 4,309 4,068 4,309 4,068 Information services 1,251 604 1,251 604 117,520 103,485 117,520 103,485 Represented by (per statement of activities) GROUP IITA ONLY 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Research expenses 78,132 74,476 78,132 74,476 Indirect Cost recovery 13,521 10,857 13,521 10,857 CGIAR collaboration expenses 3,613 4,104 3,613 4,104 Non-CGIAR collaboration expenses 22,254 14,048 22,254 14,048 117,520 103,485 117,520 103,485 39 39 INTERNATIINOTNERANLA ITNIOSTNIATLU ITNES TOITFU TTREO OPFI TCRAOLP AICGARLI ACGURLITCUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tthse a yneda rF einnadnedc i3a1l sDteacteembeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 7 Management and general expenses Management and general expenses in the accompanying statement of activity consists of: i) General Administration: covers the costs of the board of trustees, director general’s office, administration, internal audit, finance, People and culture, and Facilities Management Services. ii) General Operations: Include expenses on physical plant services, utilities, communications, security, catering, and general services. Management and general expenses incurred as of 31 December were as follows: GROUP IITA ONLY 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Initiative Write-off 1,736 - 1,736 - General administration and operations 10,480 11,089 10,480 11,089 12,216 11,089 12,216 11,089 Note: Initiative write-off represents amount spent on Initiatives in excess of approved budget now charged to Unrestricted Funds. 7.2 Other Expenses GROUP IITA ONLY 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Bad debt written off 9,829 - 9,829 - Research and Technical Support (3,467) - (3,467) - 6,362 - 6,362 - 8 E xpenses and losses GROUP IITA ONLY 31 December 2022 Portfolio Total N-Portfolio Portfolio Total $'000 $'000 $'000 $'000 $'000 Personnel cost 32,544 32,544 32,544 32,544 CGIAR collaboration 3,613 3,613 3,613 3,613 Non-CGIAR collaboration 22,253 22,253 22,253 22,253 Supplies and services 37,675 37,675 37,675 37,675 Travel 5,042 5,042 5,042 5,042 Cost sharing percentage - CSP 1,704 1,704 1,704 1,704 Depreciation/ Amortization 1,168 1,168 1,168 1,168 Sub total 103,999 103,999 103,999 103,999 Indirect cost recovery 13,521 13,521 13,521 13,521 Total expenses 117,520 117,520 117,520 117,520 40 40 INTERNATIINOTNEARLN AINTISOTNITAUL TINES OTIFT UTTREO OPFIC TARLO PAIGCARLI CAUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorr ttsh ea nyeda Fr iennadnecdia 3l1 s Dtaetceemebnert s2 0 22 For the year ended 31 December 2022 Notes to the financial statements. GROUP IITA ONLY 31 December 2021 Portfolio Total N-Portfolio Portfolio Total $'000 $'000 $'000 $'000 $'000 Personnel cost 30,222 30,222 30,222 30,222 CGIAR collaboration 4,104 4,104 4,104 4,104 Non-CGIAR collaboration 14,048 14,048 14,048 14,048 Supplies and services 37,512 37,512 37,512 37,512 Travel 4,890 4,890 4,890 4,890 Cost sharing percentage - CSP 1,334 1,334 1,334 1,334 Depreciation/ Amortization 518 518 518 518 Sub total 92,628 92,628 92,628 92,628 Indirect cost recovery 10,857 10,857 10,857 10,857 Total expenses 103,485 103,485 103,485 103,485 9 Cash and short-term deposits GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Cash on hand 265 358 265 358 Cash at bank 67,270 13,211 66,868 12,768 67,535 13,569 67,133 13,126 Cash at banks earns interest at floating rates based on daily bank deposit rates. For the purpose of the statement of cash flows, cash and cash equivalents consist of: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Cash on hand 265 358 265 358 Cash at bank 67,270 13,211 66,868 12,768 67,535 13,569 67,133 13,126 41 41 INTERNATINIOTNERANLA ITNIOSNTIATLU INTES TOITFU TTRE OOPF ITCRAOLP AICGARL IACGURLITCUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse a yneda rF einnadendc i3a1l sDteacteembeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. GROUP IITA ONLY 31 31 December 31 December 31 December December 2022 2021 2022 2021 1 0 Accounts receivable $'000 $'000 $'000 $'000 Donors (10.1) 20,435 29,029 20,435 29,029 Employees (10.2) 389 795 389 795 CGIAR Centers 5,061 5,724 5,061 5,724 Receivables from BIP 710 489 Other receivables (10.3) 2,101 244 1,947 200 27,986 35,792 28,542 36,237 10.1 Accounts receivable – Donors As at December 31, accounts receivable from donors consist of: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Window 1 and Initiatives 1,010 5,541 1,010 5,541 Window 3 2,331 5,303 2,331 5,303 Bilateral 18,735 11,694 18,735 11,694 Non-CRP - 7,913 7,913 Challenge programs - 219 219 22,076 30,670 22,076 30,670 Loss Allowance (1,641) (1,641) (1,641) (1,641) 20,435 29,029 20,435 29,029 Account receivables from donors are non-interest bearing and are generally on terms stated in the contract. At 31 December 2022, IITA carried out an impairment assessment on all outstanding receivables from donors using Expected Credit Loss (ECL) method in accordance with IFRS 9 and an amount of $1,641 was found to be impaired and provided for. As at 31 December 2021, Accounts receivable from donors with an initial carrying value of $1,641 were impaired and fully provided for. Changes in loss allowances was recognised in management and general expenses in the statement of activities. See Note 21 on credit risk of accounts receivable from donors, which states how management manages its receivables from donors. 42 42 INTERNATIIONNTEARLN IANTSIOTNITAULT IEN SOTFIT TURTOE OPIFC TARLO APGICRAILC AUGLRTIUCURLET URE Group AnGnuroaulp R Aenpnouratsl Raenpdo rFtisn aanndc Fiainl asntacitael msteantetms e nts For the year ended 31 December 2022 For the year ended 31 December 2022 Notes to the financial statements. 10.2 Accounts receivables - Employees As at December 31, accounts receivable from employees consist of: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Staff loans 383 787 383 787 Children education advance - - - Staff salary advance 6 8 6 8 389 795 389 795 GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 10.3 Accounts receivable – Others As at December 31, accounts receivable: Others consist of: Receivables from stations 1,614 59 1614 59 Staff Balances 430 - 430 - Other receivables 57 185 (97) 141 2,101 244 1,947 200 GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 11 Prepayments $'000 $'000 $'000 $'000 Prepaid expenses as at December 31 consist of: Prepayments 5,284 2,198 5,284 2,198 Deposit 17 16 17 16 5,301 2,214 5,301 2,214 43 43 INTERNATIIONNTEARLN IANTSIOTNITAULT INE SOTFIT TURTEO OPIFC TARLO APIGCRAILC AUGLRTIUCURLET URE Group AnGnruoaulp R Aenpnouratsl Raenpdo rFtisn aanndc Fiainl asntacitael mstaetnetms e nts For the year ended 31 December 2022 For the year ended 31 December 2022 Notes to the financial statements. GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 12 Inventories $'000 $'000 $'000 $'000 Stores on hand 3,333 3,418 3,129 3,297 Other Prepayments 45 89 45 89 Allowance for obsolescence (874) (871) (874) (871) 2,504 2,636 2,300 2,515 In 2022 $874, (2021 $871K & 2020: $855K) was recognized as expense for inventories carried at net realisable value. This is treated under management and general expenses in the Statement of Activities. In the current year, obsolescent inventories were written down to their net realizable value. This was arrived at the end of annual stock taking. The rate adjustments resulted in an increase of obsolescence allowance by $3K when compared to that of 2021. 44 44 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 45 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Notes to the financial statements. 13 a. Unrestricted Centre Funds Lab./Scient. Land Building & Equip Motor Vehicles Computer Power Capital & Furniture/ Heavy Work in Infrastructure Fixtures Automobiles Duty Equipment House progress Total COST $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 At 1 January, 2021 3,013 48,210 12,543 6,181 925 3,957 2,815 397 78,041 CWIP Capitalized - - 15 - - - - (15) - Additions - 9 505 24 - 9 4 398 949 Disposal - - (6,515) (107) - (2,227) - - (8,849) Adjustment - - (2) (235) - (18) - (248) (503) At 31 December 2021 3,013 48,219 6,546 5,863 925 1,721 2,819 532 69,638 CWIP Capitalized - - - - - - - 518 518 CWIP for the year - 296 - - - - - (296) - Additions - 373 216 343 - 101 - - 1,033 Disposals - - (407) (348) (23) (480) - - (1,258) Adjustment - - (2) - - - - - (2) At 31 December 2022 3,013 48,888 6,353 5,858 902 1,342 2,819 754 69,929 Accumulated Depreciation At 1 January, 2021 - 27,741 12,107 5,974 825 3,897 1,913 - 52,457 Charge for the Year - 974 158 74 9 38 116 - 1,369 Disposals - - (6,517) (361) - (2,244) - - (9,122) As at 31st Dec. 2021 - 28,715 5,748 5,687 834 1,691 2,029 - 44,704 Charge for the Year - 976 167 72 9 28 96 - 1,348 Disposals - - (398) (348) (23) (479) - - (1,248) Adjustment - - - - - - - - - At 31 Dec, 2022 - 29,691 5,517 5,411 820 1,240 2,125 - 44,804 Net Book Value as at 31st Dec. 2021 3,013 19,504 798 176 91 30 790 532 24,934 Net Book Value as at 31st Dec. 2022 3,013 19,197 836 447 82 102 694 754 25,125 45 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 46 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Notes to the financial statements. 13 b. IITA Restricted Centre Funds Lab./Scient. Land Building & Equip Motor Vehicles Computer Power Capital & Furniture/ Heavy Work in Infrastructure Fixtures Automobiles Duty Equipment House progress Total COST $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 At 1 January 2021 - 707 721 2,352 - 225 - - 4,005 Adjustments - - (10) 9 - 5 - - 4 Additions - - 120 713 - 7 - - 840 Reclassification - - - - - - - - - Disposals - - - (3) - - - - (3) At 31 December 2021 - 707 831 3,071 - 237 - - 4,846 Adjustments - - - - - - - - - Additions - - 67 214 - 26 - - 307 Reclassification - - - - - - - - - Disposals - - (204) (48) - - - - (252) At 31 December 2022 - 707 694 3,237 - 263 - - 4,901 Accumulated Depreciation - - At 1 January 2021 - 94 640 1,813 - 201 - - 2,748 Charge for the year - 14 143 567 - 18 - - 742 Disposals - - (10) 6 - 4 - - - As at 31 December 2021 - 108 773 2,386 - 223 - - 3,490 Charge for the year - 14 21 626 - 15 - - 676 Disposals - - (169) (48) - - - - (217) Adjustments - - - - - - - - - As at 31 December 2022 - 122 625 2,964 - 238 - - 3,949 Net Book Value as at 31 Dec. 2021 - 598 58 686 - 14 - - 1,356 Net Book Value as at 31 Dec. 2022 - 584 69 274 - 25 - - 952 46 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 47 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Notes to the financial statements. 13 b. IITA Restricted Centre Funds (cont’d) The total cost for restricted and unrestricted assets are presented below: Lab./Scient. Land Building & Equip Motor Vehicles Computer Power Capital & Furniture/ Heavy Work in Infrastructure Fixtures Automobiles Duty Equipment House progress Total At 31 December 2022 3,013 49,595 7,047 9,095 902 1,605 2,819 754 74,830 At 31 December 2021 3,013 48,926 7,377 8,934 925 1,958 2,819 532 74,484 The total accumulated depreciation for restricted and unrestricted assets are presented below: Lab./Scient. Land Building & Equip Motor Vehicles Computer Power Capital & Furniture/ Heavy Work in Infrastructure Fixtures Automobiles Duty Equipment House progress Total At 31 December 2022 - 29,813 6,142 8,375 820 1,478 2,125 - 48,753 At 31 December 2021 - 28,823 6,521 8,073 834 1,914 2,029 - 48,194 The total net book value for both restricted and unrestricted assets are presented below: Land Building & Lab./Scient. Equip Motor Vehicles Computer Power Capital Infrastructure & Furniture/ Fixtures Automobiles Heavy Duty Equipment House Work in progress Total At 31 December 2022 3,013 19,781 904 721 82 127 1,449 - 26,077 At 31 December 2021 3,013 20,103 856 862 91 44 1,322 - 26,290 47 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 48 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Notes to the financial statements. 13 d. Group Consolidated figures Land Building & Lab./Scient. Equip Motor Vehicles Computer Power Capital & Heavy Work in Infrastructure Furniture/Fixtures Automobiles Duty Equipment House progress Total COST As at 31 December 2022 3,013 50,956 7,435 9,391 902 1,617 2,819 755 76,888 As at 31 December 2021 3,013 50,287 7,817 9,174 925 1,968 2,819 533 76,536 13.1 DEPRECIATION As at 31 December 2022 - 29,895 6,386 8,531 820 1,488 2,125 - 49,245 As at 31 December 2021 - 28,878 6,720 8,167 834 1,924 2,029 - 48,552 NET BOOK VALUE As at 31 December 2022 3,013 21,060 1,049 861 82 129 694 755 27,643 As at 31 December 2021 3,013 21,409 1,097 1,007 91 44 790 533 27,984 48 INTERNATINIOTENRANLA ITNIOSNTIATLU INTEST OITFU TTRE OOPF ITCRAOLP AICGARL IACGURLITCUULRTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse a yneda rF einndaendc i3a1l sDteacteemmbeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 14 IITA Intangible Assets Cost $'000 At 1 January 2021 1,203 Capital Work in Progress Capitalized 248 Additions 106 Disposal (6) At 31 December 2021 1,551 Additions - At 31 December 2022 1,551 Amortisation: At 1 January 2021 619 Charge for the Year 367 At 31 December 2021 986 Reclassification/Adjustment Charge for the Year 368 At 31 December 2022 1,354 Net Book Value At 31 December 2022 197 At 31 December 2021 565 GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 15 Other assets 1,582 1,582 This is the investment in BIP Equity which is 100% owned by IITA. 16 Accounts payable GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Donors (16.1) 73,247 28,236 73,247 28,236 Employees (16.2) 9,709 10,187 9,709 10,187 CGIAR centers 2,164 121 2,164 121 Other payables (16.3) 4,455 2,750 4,455 2,750 89,575 41,294 89,575 41,294 49 49 INTERNATIINOTNEARNL AINTISOTNITAUL ITNES OTITFU TTREO OPFI CTAROL PAICGARLI CAUGLRTICUURLTEU RE Group Annual Reports and Financial statements Group Annual RepFoorr ttsh ea yneda Fr iennadnecdi a3l1 s Dtaetceemmbeenrt 2s 0 22 For the year ended 31 December 2022 Notes to the financial statements. 16 Account payable (cont’d) Terms and conditions of the above financial liabilities: Trade and other payables are non-interest bearing and are normally settled on demand. For explanations on the Institute's liquidity risk management processes , refer to Note 23 GROUP IITA ONLY 31 December 31 December 31 December 31 December 16.1 Donors 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Payables to donors as at December 31 consist of: Total Unrestricted - - - Total Initiative - Exhibit I 392 298 392 298 Total Window 3 - Exhibit III 37,629 16,991 37,629 16,991 Total Bilateral - Exhibit IV 35,226 10,947 35,226 10,947 73,247 28,236 73,247 28,236 Accounts Payable from donors represent amount received in advance for carrying out project activities. We create a payable and only recognize revenue to the extent of expenditure. 16.2 Accounts payable – Employees Accounts payable to employees as at December 31 consist of: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Vacation benefits 1,774 1,493 1,774 1,493 Pension payable 228 193 228 193 Staff remuneration 7,706 8,350 7,706 8,350 9,708 10,036 9,708 10,036 31 December 31 December 31 December 31 December 2022 2021 2022 2021 Employee and other Taxes $'000 $'000 $'000 $'000 Withholding tax payable 19 1 19 1 Payroll taxes 152 149 152 149 171 150 171 150 Total 9,879 10,187 9,879 10,187 Staff remuneration consists of amounts due to IRS staff who receive their salaries through their IITA staff personal accounts awaiting instructions to transfer to their respective personal bank accounts. 50 50 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNATIONAL INGSrToIuTpU ATnEn uOaFl RTeRpOoPrtIsC aAnLd AFiGnRanICciUalL sTtUatReEm ents Group Annual RepFoorrt sth aen yde aFri neanndceida 3l 1st Daetecemmebnetrs 2 022 For the year ended 31 December 2022 Notes to the financial statements. 16.3 Other payables Other accounts payable as at December 31 consist of: Financial liabilities GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Accrued liabilities 1,404 39 1,404 39 Vendors 3,749 3,307 3,051 2,711 5,153 3,346 4,455 2,750 17 Employee benefit liability GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Repatriation benefit (17.1) 1,470 1,378 1,470 1,378 Severance benefit 864 885 864 885 2,334 2,263 2,334 2,263 17.1 Repatriation Benefit IITA provides repatriation benefits to its internationally recruited staff. These benefits are payable on the return of the employee to his/ her return to their country of origin at the end of contract with IITA. The following tables summarize the components of net benefit expense recognised in the statement of activities and other comprehensive income. GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Current service cost 74 30 74 30 Interest cost 25 29 25 29 Defined benefit expense 99 59 99 59 The factor below contributed to the remeasurement losses on the repatriation benefit: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 Changes in assumptions $'000 $'000 $'000 $'000 31 December 39 (124) 39 (124) 51 51 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNATIONAL INGSrTouITpU ATnEn uOaFl RTeRpOorPtIsC aAnLd AFiGnaRnICciUalL sTtUatRemE ents Group Annual RepFoorrt sth aen yde aFri neanndecdia 3l 1s tDaetceemmebnetrs 2 022 For the year ended 31 December 2022 Notes to the financial statements. 17.1 Repatriation Benefit (cont’d) Changes in the present value obligation reported in the statement of financial position is as follows: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Present value of obligation at the beginning 1,378 1,511 1,378 1,511 Recognised in statement of activities: Interest cost 25 29 25 29 Current service cost 74 30 74 30 Benefit paid (46) (68) (46) (68) Recognised in other comprehensive income: - - Remeasurement gains/Loss 39 (124) 39 (124) Present value of obligation at the end 1,470 1,378 1,470 1,378 The key economic assumptions (per annum) used in determining gratuity plan benefit obligations for the repatriation benefit plan are shown below: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Discount rate 1.78% 1.89% 1.78% 1.89% Ticket fare growth rate 5 5 5 5 Repatriation benefit payable in the future was discounted using the interest rate on US treasury bills. Factors considered in the discounting include contract tenure of the employees and ticket prices. A quantitative sensitivity analysis for significant assumption on the repatriation benefit as at 31 December 2022 is as shown below: GROUP IITA ONLY Discount Discount Discount rate rate rate Discount rate 1% Increase 1% Increase $'000 $'000 Impact on the defined benefit obligation 68 (67) 68 (67) Ticket fare Ticket fare 1% Increase 1% Increase $'000 $'000 $'000 $'000 Impact on the defined benefit obligation 24 (136) 24 (136) 52 52 INTERNATIIONTNEARLN AINTISOTNITAUL TINES OTIFT UTTREO OPFIC TARLO PAIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorr ttsh ea nyeda Fr iennadnecdia 3l1 s tDaetceemebnert s2 0 22 For the year ended 31 December 2022 Notes to the financial statements. 17.1 Repatriation Benefit (cont’d) Sensitivity analysis has been performed using automated actuarial methods currently in use. A quantitative sensitivity analysis for significant assumption on the repatriation benefit as at 31 December 2021 is as shown below: Discount rate 1% Increase 1% Increase $'000 $'000 $'000 $'000 Impact on the defined benefit obligation (67) (39) (67) (39) Ticket fare Ticket fare 1% Increase 1% Increase $'000 $'000 $'000 $'000 Impact on the defined benefit obligation (136) 73 (136) 73 The sensitivity analyses above have been determined based on a method that extrapolates the impact on defined benefit obligation as a result of reasonable changes in key assumption occurring at the end of the reporting period. The sensitivity analyses are based on a change in a significant assumption, keeping all other assumptions constant. The sensitivity analyses may not be representative of an actual change in the defined benefit obligation as it is unlikely that changes in assumptions would occur in isolation of one another. The Institute is committed towards ensuring that all obligations arising from the post-employment benefit in the foreseeable future are settled. 18 Deferred income from donors GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 At 1 January 1,355 1,257 1,355 1,257 Deferred during the year 675 840 675 840 Released to the statement of activities (1,079) (742) (1,079) (742) At 31 December 951 1,355 951 1,355 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 Current 675 840 675 840 Non-current 276 515 276 515 Total 951 1,355 951 1,355 Deferred income is raised when assets from restricted sources is capitalized and will be amortized over the economic useful life of the related asset(s). Amount deferred during the year is equivalent to the value of fixed assets procured from restricted funds in the year. It will be amortised over the useful life of the assets. 53 53 INTERNATIOINNTAELR INNASTTIOITNUATLE IN OSFT ITTRUOTEP OICFA TLR AOGPIRCIACLU ALGTRUICRUEL TURE Group Annual Reports and Financial statements Group Annual RepoFrotrs tahned y eFainr aenndcieadl 3s1ta Dteecmemenbtesr 2022 For the year ended 31 December 2022 Notes to the financial statements. 19 Net Assets Net assets are the residual interest in the Institute’s assets remaining after liabilities are deducted. These are classified as follows: (a) Undesignated net assets That part of net assets not designated by the Institute’s Board of Trustees for specific purposes. (b) Designated net assets That part of net assets designated by the Institute’s Board of Trustees for specific purposes. - Designation for future acquisition/replacement of property, plant and equipment and intangible assets - Designation of net investment in property and equipment Portion of the unrestricted net assets designated to reflect net investment in property, plant and equipment and intangible assets. The following is a summary of net assets for the year ended 31 December: GROUP IITA ONLY 31 December 31 December 31 December 31 December 2022 2021 2022 2021 $'000 $'000 $'000 $'000 1 9.1 Undesignated 6,063 5,814 8,373 7,801 Designated Reserves- BIP 1,957 1,942 - - Designated: Acquisition and replacement of property and equipment 26,077 26,290 26,077 26,290 Institutional stability and research for development programs 1,000 1,000 1,000 1,000 Net investment in intangible assets 197 565 197 565 Net investment in property, plant, and equipment 2,367 1,834 2,367 1,834 Other Comprehensive Income 88 127 88 127 Non-Controlling Interest-BIP 0 (8) Total designated 29,729 29,808 29,729 29,816 Total net assets 37,749 37,564 38,102 37,617 54 54 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 19.2 MOVEMENT IN UNDESIGNATED RESERVES GROUP IITA ONLY 31 December 31 December 2022 2022 $'000 $'000 Balance as at 31 December 2021 (5,814) (7,801) Non-Controlling Interest as at 31 December 2021 8 - Retained Earnings movement 2022 (248) (572) Non-Controlling Interest movement 2022 (9) - Balance as at 31 December 2022 (6,063) (8,373) 20 Fair value measurement Set out below is a comparison by class of the carrying amounts and fair values of IITA’s financial instruments, other than those with carrying amounts that are reasonable approximations of fair values: Carrying Amount Fair value 2022 2021 2022 2021 Financial assets Accounts receivable – Employees staff loans 383 478 465 The management assessed that cash and short-term deposits, accounts receivable (CGIAR Centers and others), accounts payable (CGIAR Centers and others) approximate their carrying amounts largely due to the short-term maturities of these instruments. The fair value of loans receivable from employees is included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The following methods and assumptions were used to estimate the fair values: The fair value of the employee loans was determined using the Discounted Cash Flow (DCF) model based on discount rate that reflects the borrowing rates as at the end of the reporting period. The non- performance risk as at 31 December 2021 was assessed to be insignificant. The following table provides the fair value measurement hierarchy of the Institute's financial assets and liabilities: Quantitative disclosures fair value measurement hierarchy for assets as at 31 December 2021 and 31 December 2020: 55 55 INTERNATIINOTNEARNL AINTISOTNITAUL TINES OTIFT UTTREO OPFI CTAROL PAICGARLI CAUGLRTICUURLETU RE Group Annual Reports and Financial statements Group Annual RepFoorr ttsh ea nyeda Fr iennadnecdi a3l1 s Dtaetceembeenrt s2 0 22 For the year ended 31 December 2022 Notes to the financial statements. 20 Fair value measurement (cont’d) Fair value measurement using: Quoted prices in Significant active markets observable 31 December 2022 Total (Level 1) inputs (Level 2) $'000 $'000 $'000 F inancial assets for which fair values are disclosed: Accounts receivable – Employees 383 - 31 December 2021 F inancial assets for which fair values are disclosed: Accounts receivable – Employees 478 465 During the reporting period ended 31 December 2021 and 31 December 2020, there were no transfers between Level 1 and Level 2. 21 Related party disclosures Compensation of key management personnel 31 December 31 December 2022 2021 $'000 $'000 Short-term employee benefits 6,875 6,103 Repatriation benefits 233 235 Pension benefits 1,344 1,186 8,452 7,524 The amounts disclosed in the table are amounts recognized as an expense during the reporting period for key management personnel. Short-term employee benefits are emoluments paid within the year. Transactions with key management personnel Directors’ loan For all years presented, the loans given to the key management personnel have been disclosed below: 2022 2021 $'000 $'000 Loans to directors 37 105 56 56 INTERNATIINOTNERANLA ITNIOSTNIATLU ITNES TOITFU TTREO OPFI TCRAOLP AICGARLI ACGURLITCUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tthse a yneda rF einnadnedc i3a1l sDteacteembeenr t2s0 22 For the year ended 31 December 2022 Notes to the financial statements 22 Financial risk management policies and objectives IITA has a robust risk management and mitigation strategy in place, and it is managed by a risk management committee that reports to senior management. Risk management in the Institute has been cascaded to all levels of project management through training programs involving staff at all levels. IITA faces three main risks in relation to financial instruments namely: credit risk, market risk (foreign currency risk) and liquidity risk. Credit Risk Credit risk is the risk that a counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The Institute is exposed to credit risk from its operating activities (primarily for accounts receivable: donors) and from its financing activities, including deposits with banks and financial institutions, foreign exchange transactions and other financial instruments. Account receivables: Donors and employees IITA main sources of funding is by way of grants from several local and international cooperating partners. IITA faces the risk of some of the funders failing or refusing to release funding that has already been committed to IITA. There are many reasons as to why funders may fail to meet their obligations, some of them being: them facing their own liquidity challenges, failure by IITA to meet its own contractual obligations, over expenditures, disagreements and misunderstanding. IITA also grants loans and advances to staff for various activities. There is a risk that staff may resign from IITA without settling their loans. IITA mitigates this risk through the following measures: - Discouraging pre-financed projects - Adhering to agreements with funding agencies - Managing budgets well to reduce the incidents of over expenditures - Regular reporting and feedback from sources of funding to reduce disagreements and misunderstanding The requirement for an impairment is analyzed at each reporting date on an individual basis for donors. The calculation is based on the Expected Credit Loss (ECL) model. The maximum exposure to credit risk at the reporting date is the carrying value of each class of financial assets disclosed in Note 10. The Institute does not hold collateral as security. The Institute evaluates the concentration of risk with respect to donor receivables as low, as its donors are located in several jurisdictions and industries and operate in largely independent markets. Financial instruments and cash deposits Credit risk from balances with banks and financial institutions is managed by IITA’s treasury department in accordance with its policy. Investments of funds are made only with approved counterparties and within credit limits assigned to each counterparty. Counterparty credit limits are reviewed by IITA’s management on an annual basis and may be updated throughout the year subject to approval of the Management. The limits are set to minimize the concentration of risks and therefore mitigate financial loss through a counterparty’s potential failure to make payments. 57 57 INTERNATIIONNTEARLN IANTSIOTNITAULT IEN SOTFIT TURTOE OPIFC TARLO APGICRAILC AUGLRTIUCURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt sth aen yde aFri neanndecdia 3l 1s tDaetceemmebnetrs 2 022 For the year ended 31 December 2022 Notes to the financial statements. 22 Financial risk management policies and objectives (cont’d) Financial instruments and cash deposits (cont’d) The credit quality of financial assets is assessed by reference to external credit ratings information about counterparty default rates. 31 December 31 December 31 December 31 December 2022 2021 2020 2019 $'000 $'000 $'000 $'000 Cash and short-term d eposits AA- - 2,604 - - A - - - 6,489 A+ 4,399 - 10,151 - AA+ 34,875 - - - B 151 616 1,782 100 B- 7,846 63 42 176 B+ 308 943 1,775 2,006 BBB- - - 154 - BB 47 - - - BB+ 900 - - 926 BB- 62 - - - BBB+ - 5,675 - - CC - - 1,136 - CCC+ 18,458 425 - - CCC - 2,096 1,608 7 RD 180 - - - U nrated 1,902 346 547 1,206 69,128 12,768 17,195 10,910 Cash on hand has been excluded from this rating. Ratings for the banks were obtained from the Fitch ratings. Credit rating keys: A: A financial institution of good financial condition and strong capacity to meet its obligations as and when they fall due. Adverse changes in the environment (macro-economic, political, and regulatory) will result in a medium increase in risk attributable to exposure to this financial institution. However, financial condition and ability to meet its obligations as and when they fall due should remain largely unchanged. AA: A financial institution of very good financial condition and a strong capacity to meet its obligations as and when they fall due. However, financial condition and ability to meet obligations as and when they fall due should remain strong. B: A financial institution where financial condition is weak but obligations are still being met as and when they fall due as more than one weakness and may require external support, which may not be assured. Adverse changes in the environment (macro-economic, political, and regulatory) will increase risk significantly. 58 58 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 22 Financial risk management policies and objectives (cont’d) BB: Financial condition is satisfactory and ability to meet obligations as and when they fall due exist. Adverse changes in the environment (macro-economic, political, and regulatory) will increase risk significantly. BBB : A financial institution of satisfactory financial condition and adequate financial capacity to meet its obligations as and when they fall due. It may have one major weakness which, if addressed, should not impair its ability to meet obligations as and when they fall due. Adverse changes in the environment (macro-economic, political and regulatory) will result in a medium increase in risk attributable to an exposure to this financial institution. A + (plus) or – (minus) may be added to a rating. A plus added to a rating indicates that the rating may be raised. A minus means that the rating may be lowered. When no plus or minus is added to the rating, this means that the rating is unlikely to change. A positive or negative added to a rating is therefore a reflection of the rating outlook. Restricted default RD' ratings indicate an issuer that in Fitch's opinion has experienced an uncured payment default or distressed debt exchange on a bond, loan or other material financial obligation, but has not entered into bankruptcy filings, administration, receivership, liquidation, or other formal winding-up procedure, and has not otherwise ceased operating. RD rating reflects that the Country(this case Zambia) has not serviced the bulk of its outstanding external debt since failing to make a Eurobond interest payment in October 2020. Subsequently, the government announced that it would stop servicing all of its external debt, excluding some priority project loans, and applied for debt relief under the G20 Common Framework (CF) Unrated: These are banks that are not rated by Fitch Market risk Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market prices comprise three types of risk: interest rate risk, currency risk and other price risk such as equity price risk and commodity price risk. IITA is only exposed to foreign currency risk. Foreign Currency risk Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange rates. IITA operates in 13 field stations in Africa and Europe. The main operating and reporting currency is the US. dollars (US$). The bulk of its funding from international cooperating partners is received in the US. dollars (US$). Each of the field stations where IITA operates has its unique economic challenges. Most of the stations in Africa are operating in high inflation environment with volatile exchange rates as a result of this, IITA is exposed to foreign currency risks. Through its normal operations, IITA is exposed to nineteen (19) currencies. To mitigate against volatility in foreign exchange fluctuations, IITA keeps the bulk of its funds in the US. dollars (US$) and only releases smaller amounts in tranches to meet operational needs. The Institute’s exposure to foreign currency changes for all other currencies are not material. 59 59 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 22 Financial risk management policies and objectives (cont’d) Liquidity Risk This is the risk that the Institute will not have enough funds to meet its obligation to pay implementing partners and suppliers of goods and services. IITA hedges against this by managing a tight budget process and ensuring that only planned activities are carried out. The table below summarizes the maturity profile of the Institute’s financial liabilities based on contractual undiscounted payments: On Less than 3 to 12 3 to 12 1 to 5 Year ended 31 December 2022 demand 3 months months months years Total $'000 $'000 $'000 $'000 $'000 $'000 Accounts payable CGIAR Centers 458 - - - - 458 Other payables 4,455 - - - - 4,455 On Less than 3 to 12 3 to 12 1 to 5 Year ended 31 December 2021 demand 3 months months months years Total $'000 $'000 $'000 $'000 $'000 $'000 Accounts payable CGIAR Centers 121 - - - - 121 Other payables 2,750 - - - - 2,750 23 Commitments and contingencies At 31 December 2022, all contingencies which are relevant in assessing The Group's state of affairs have been taken into consideration in the preparation of these financial statements. 24 Events after the reporting period IITA have continued monitoring events after the reporting period, and we can report that there are no events that have a material effect on the financial statements. Our funders have continued to honor their obligations. 25 Staff Numbers The number of employees in the Institute as at December 2022 was 250 Internationally Recruited Staff (183 main IRS, 50 Consultants and 17 Visiting Scientists) and 1256 NRS across all the Stations. 31 December 31 December 2022 2021 26 BIP Deferred tax liability/(asset) $'000 $'000 As at the beginning of the year (312) (312) (Credit)/charged for the year As at 31 December (312) (312) From the results for the year ended 31 December 2022, additional deferred tax assets amounting to USD 356,616 was observed. However, the asset was not recognized in these financial statements. Recognition of the additional asset is deferred to the nearest future when the company begins to make taxable profit. 60 60 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 27 Non-Controlling interest 31 December 31 December Represents 49% of the net assets of Cropnuts Agriserves Ltd 2022 2021 held by Cropnuts Ltd USD USD Was attributable to: As at 01 January (8) Additional 49% in share capital of Cropnuts Agriserve during the year 8 3 49% interest in net profit of Cropnuts Agriserves Ltd for the year - (11) As at 31 December, 2022 0 (8) 31 December 31 December 28 Property, plant & equipment gifts reserves 2022 2021 Values of assets transferred by IITA $'000 $'000 As at 01 January 349 258 Transferred from other payables Value of assets transferred during the year 15 91 As at 31 December 364 349 31 December 31 December 29 Other assets 2022 2021 $'000 $'000 Trade receivables 50 13 Other receivables 88 52 Grant receivable and deferred income 4 4 142 69 31 December 31 December 30 Revenue 2022 2021 $'000 $'000 Sale of goods 874 1,079 Fair value gains on inventories 107 113 Grant income earned - 50 Other income 165 31 1,146 1,273 Revenue represents the net invoiced value of goods sold to third parties during the period, grant income earned and the fair value gain on inventory of agricultural produce at the end of the year. 61 61 INTERNATIINOTNERANL AITNIOSTNIATLU ITNES TOITFU TTREO OPFI CTRAOL PAICGARLI CAUGRLTICUURLTEU RE Group Annual Reports and Financial statements Group Annual ReFpoorr tths ea yneda rF iennadnecdi a3l1 s Dtaecteembeenrt 2s0 22 For the year ended 31 December 2022 Notes to the financial statements. 31 December 31 December 31 Expenses 2022 2021 $'000 $'000 Personnel 333 511 Supplies & Operations 703 799 Maintenance 125 128 Travelling & Accommodation 48 43 Others 88 54 Depreciation expense `156 160 Professional fees 17 17 Total expenses 1,470 1,712 62 62 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 Statement Of Grant Revenue Expressed in US $ Thousands. E xpressed in US $ Thousands 2022 Funds Accounts Advance CY Available Receivable Payments Grant PY Grant 2021 Unrestricted BMZ, Germany - - 22 Nigeria 5,549 - - 5,549 348 Total Unrestricted 5,549 - - 5,549 370 63 63 INTERINNTAERTNIOANTIAOLN IANLS INTISTTUITTUET OE OF FT RTROOPPIICCAALL AAGGRRIICCUULTLUTURE Group Annual Reports and Financial statementRs E Group AnnuFaol rR tehpe oyretasr aenndde Fdi n3a1n Dceiacel mstbaetre 2m0e2n2ts For the year ended 31 December 2022 Exhibit I Grant Funds Accounts Revenue Available Receivable Payable 2022 Window 1 INIT-01 Accelerated Breeding 3,560 32 - 3,592 INIT-03 Genebanks 3,185 18 - 3,203 INIT-04 Breeding Resources 558 23 - 581 INIT-05 Market Intelligence 796 - (118) 678 INIT-06 Seed Equal 966 117 - 1,083 INIT-11 Excellence in Agronomy 3,863 22 - 3,885 INIT-12 Nature-Positive Solutions 61 11 - 72 INIT-13 Plant Health 1,856 170 - 2,026 INIT-15 Aquatic Foods 94 - (56) 38 INIT-16 Resilient Cities 620 134 - 754 INIT-19 Mixed Farming Systems 1,655 28 - 1,683 INIT-21 Diversification in East and Southern Africa 346 78 - 424 INIT-22 West and Central African Food Systems Transformation 1,182 - (29) 1,153 INIT-24 Foresight 37 13 - 50 INIT-25 Digital Innovation 73 19 - 92 INIT-26 Gender Equality 443 60 - 503 INIT-27 National Policies and Strategies 187 - (187) - INIT-29 Rethinking Food Markets 171 38 - 209 INIT-31 Agroecology 261 145 - 406 INIT-32 Low-Emission Food Systems 112 101 - 213 PLAT-01 Gender 246 - (2) 244 20,272 1,009 (392) 20,889 64 64 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 CRP GRANT REVENUE Funds Accounts Advance Available Receivable Payments 2021 CGIAR Funds: Windows 1& 2 23: Policies, Institutions & Markets 32 59 - 91 14: Maize agri-food systems 1,401 559 - 1,960 16: Roots, Tubers & Bananas agri-food systems C 9 607 - 616 16: Roots, Tubers & Bananas agri-food systems 2,387 1,964 - 4,351 Grain Legumes & Dryland Cereals agri-food 18: systems 569 386 - 955 21: Agriculture for Nutrition & Health 1,459 839 (115) 2,183 22: Climate Change, agriculture, and food security 835 - (60) 775 22: Climate Change, agriculture, and food security P 169 189 (231) 127 CRP Gender 164 12 - 176 33: Genebank platform (non-routine) 2,119 726 - 2,845 32: Big Data in Agriculture 68 37 - 105 Total 9,212 5,378 (406) 14,184 65 65 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 66 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 1: CGIAR Trust Fund INIT-01 Accelerated Breeding 01/01/2022 31/12/2022 3,592 - 3,592 3,592 INIT-03 Genebanks 01/01/2022 31/12/2022 3,203 - 3,203 3,203 INIT-04 Breeding Resources 01/01/2022 31/12/2022 733 - 581 581 INIT-05 Market Intelligence 01/01/2022 31/12/2022 1,142 - 678 678 INIT-06 Seed Equal 01/01/2022 31/12/2022 1,248 - 1,083 1,083 INIT-11 Excellence in Agronomy 01/01/2022 31/12/2022 4,787 - 3,885 3,885 INIT-12 Nature-Positive Solutions 01/01/2022 31/12/2022 72 - 72 72 INIT-13 Plant Health 01/01/2022 31/12/2022 2,249 - 2,026 2,026 INIT-15 Aquatic Foods 01/01/2022 31/12/2022 94 - 38 38 INIT-16 Resilient Cities 01/01/2022 31/12/2022 754 - 754 754 INIT-19 Mixed Farming Systems 01/01/2022 31/12/2022 2,036 - 1,683 1,683 INIT-21 Diversification in East and Southern Africa 01/01/2022 31/12/2022 424 - 424 424 INIT-22 West and Central African Food Systems 1,153 Transformation 01/01/2022 31/12/2022 1,182 - 1,153 INIT-24 Foresight 01/01/2022 31/12/2022 50 - 50 50 INIT-25 Digital Innovation 01/01/2022 31/12/2022 92 - 92 92 INIT-26 Gender Equality 01/01/2022 31/12/2022 622 - 503 503 INIT-27 National Policies and Strategies 01/01/2022 31/12/2022 250 - 0 250 INIT-29 Rethinking Food Markets 01/01/2022 31/12/2022 331 - 209 304 INIT-31 Agroecology 01/01/2022 31/12/2022 406 - 406 406 INIT-32 Low-Emission Food Systems 01/01/2022 31/12/2022 232 - 213 213 PLAT-01 Gender 01/01/2022 31/12/2022 238 - 244 244 23,737 - 20,889 21,235 66 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 67 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Expenditure Total Grant Expenditure Current Total Project Title Start Date End Date Pledge Prior Years Year Expenditure Window 3 Austria PJ-002120: Healthy seedling systems for safer, more productive vegetables in East Africa (2014/5) 01/10/2015 30/09/2018 562 572 - 572 PJ-002123: Production and use of biochar, compost, and lime as component of integrated soil fertility management in smallholder farming systems of eastern Uganda (2014/4) 01/09/2015 30/11/2018 534 610 (0) 610 1,096 1,182 (0) 1,182 Belgium PJ-000810: Improving agriculture-based livelihoods in Central Africa through sustainably increased system productivity to enhance income, nutrition security, and the environment-CIALCA-II 01/01/2009 31/12/2013 4,658 1,091 - 1,091 PJ-001948: Improving agriculture-based livelihoods in Central Africa through sustainably increased system productivity to enhance income, nutrition security, and the environment-CIALCA-III 01/01/2014 30/06/2017 6,286 6,293 1 6,294 PJ-002640: CIALCA 2017-2020: Catalyzing partnerships, capacity building and research towards entrepreneurial farming in Central Africa 05/09/2017 30/06/2022 4,042 3,713 395 4,108 14,986 11,097 396 11,493 BMGF PJ-001325: Yam Improvement for Incomes and Food Security in West Africa (YIIFSWA) 14/09/2011 28/02/2017 13,498 15,245 - 15,245 PJ-001535: Institutionalization of quality assurance mechanism and dissemination of top-quality commercial products to increase crop yields and improve food security of smallholder farmers in sub-Saharan Africa – COMPRO-II 05/04/2012 31/05/2017 7,155 7,638 - 7,638 PJ-001565: New Cassava Varieties and Clean Seed to Combat Cassava Brown Streak Disease and Cassava Mosaic Disease (5CP) 01/06/2012 31/03/2017 6,393 6,393 - 6,393 PJ-001762: Control of Bacterial Wilt Disease in Enset (Global Development Grant Number OPP1079038) 23/10/2013 31/12/2018 2,695 2,696 - 2,696 PJ-001765: Sustainable Weed Management Technologies for Cassava Systems in Nigeria 10/09/2013 31/07/2019 7,656 7,673 - 7,673 PJ-002011: AfricaYam: Enhancing yam breeding for increased productivity and improved quality in West Africa 14/10/2014 31/08/2020 13,500 13,525 2 13,526 PJ-002013: Improvement of banana for smallholder farmers in the Great Lakes Region of Africa 01/10/2014 30/11/2019 13,874 13,978 (5) 13,973 PJ-002168: lncreasing the Performance of Cowpea Breeding Programs Across West Africa (OPP1128339) 14/10/2015 31/12/2019 2,000 2,076 - 2,076 PJ-002254: ACAI: African Cassava Agronomy Initiative (OPP1130649) 28/09/2015 31/12/2020 16,394 16,300 3 16,303 PJ-002316: Aflasafe Technical Transfer and Commercialization (ATTC) 03/11/2015 31/03/2021 14,023 13,997 2 13,998 PJ-002467: Yam Improvement for Incomes and Food Security in West Africa, Phase II (YIFSWA II) (OPP1159088) 08/11/2016 31/03/2022 11,981 9,952 346 10,298 PJ-002661: Support to TAAT Clearing House Governance (OPP1179223) 05/10/2017 31/12/2022 7,187 5,120 2,302 7,423 PJ-002877: Accelerated Breeding of Better Bananas 29/09/2019 31/03/2023 12,391 7,853 4,015 11,868 PJ-003171: Enhancing yam breeding for increased productivity and improved quality in West Africa phase II (AfricaYam II) 01/04/2020 30/04/2023 4,899 3,494 1,310 4,804 PJ-003255: Building Economically Sustainable Seed Systems for Cassava (BASICS-II) 15/05/2020 31/05/2025 14,326 3,181 3,964 7,145 PJ-003259: CGIAR Excellence in Agronomy 2030 (Incubation Phase) 20/07/2020 30/04/2023 6,994 3,455 2,336 5,791 PJ-003291: Modern Breeding Project 12/05/2020 31/07/2023 1,550 676 240 916 PJ-003390: RENEWAL: ACAI African Cassava Agronomy Initiative 31/10/2020 31/12/2022 2,999 1,842 1,158 2,999 PJ-003651: Program for Seed System Innovation for VPCs in Africa (PROSSIVA) 09/10/2022 30/09/2027 18,996 - 128 128 PJ-003772: TAAT Clearinghouse: Re-invest to Accelerate Innovation Adoption 20/10/2022 31/10/2025 9,127 - 93 93 188,721 135,094 15,893 150,987 CIAT PJ-NA2476: One (1) Workshop to be held at IITA Ibadan; 'The Gari Revolution' from October 3-5, 2016 26/08/2016 01/12/2016 30 33 - 33 30 33 - 33 67 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 68 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Expenditure Total Grant Expenditure Current Total Project Title Start Date End Date Pledge Prior Years Year Expenditure Window 3 CIMMYT PJ-001511: Drought Tolerant Maize for Africa – Phase III 01/12/2011 31/12/2015 6,904 6,465 - 6,465 PJ-002411: Stress Tolerant Maize for Africa (STMA) 09/03/2016 29/02/2020 7,000 7,466 0 7,466 PJ-002473: GENNOVATE: Understanding and addressing gender norms as barriers to adoption at scale 01/01/2016 31/12/2017 36 36 - 36 PJ-003210: Crops to End Hunger (CtEH) under the CGIAR Excellence in Breeding Platform (EiB) 01/01/2020 31/12/2021 1,575 1,450 125 1,575 PJ-003315: Accelerating Genetic Gains in Maize for Improved Livelihoods 01/04/2020 31/12/2024 6,419 2,440 1,302 3,742 PJ-003405: Enabling digitization at IITA 01/10/2020 31/03/2023 738 169 223 392 PJ-003575: Mining useful alleles for climate change adaptation in Cassava from CGIAR gene banks 01/01/2022 31/12/2026 2,204 - 385 385 PJ-003576: Mining useful alleles for climate change adaptation in cowpea from CGIAR gene banks 01/01/2022 31/12/2026 3,422 - 686 686 28,298 18,027 2,720 20,747 CIP PJ-002263: Building an Economically Sustainable, Integrated Seed System for Cassava in Nigeria (BASICS) 05/11/2015 15/06/2020 3,391 3,469 (0) 3,469 PJ-003202: Piloting G+ tools to integrate gender in cassava breeding Nigeria, focussing on the gari/fufu product profile: small scale producers and processors in Nigeria 01/11/2019 15/12/2020 30 19 8 27 3,421 3,488 8 3,496 CIRAD PJ-002655: Breeding RTB products for end user preferences (RTBfoods) 10/11/2017 31/01/2023 1,082 986 160 1,146 1,082 986 160 1,146 ICRISAT PJ-001262: Improving the livelihoods of smallholder farmers in drought-prone areas of sub-saharan Africa and South Asia through enhanced grain legume production and productivity. Tropical Legumes-II (Phase 2) 01/09/2011 28/02/2015 4,487 4,577 - 4,577 PJ-002080: Tropical Legumes III - Improving Livelihoods for Smallholder Farmers: Enhanced Grain Legume Productivity and Production In Sub-Saharan Africa and South Asia 23/04/2015 31/07/2019 5,398 5,346 0 5,346 PJ-002951: Accelerated Varietal Improvement and Seed Delivery of Legumes and Cereals in Africa (AVISA) 01/11/2018 30/04/2023 7,399 3,210 1,570 4,780 17,284 13,133 1,570 14,703 IFAD PJ-001551: Achieving development impact and environmental sustainability through intensification of pro-poor cropping systems based on cassava, yams, and legumes 01/01/2011 31/12/2015 4,648 4,507 - 4,507 PJ-001674: Enhancing the competitiveness of High-Quality Cassava Flour Value Chain in West and Central Africa 13/03/2014 12/03/2017 2,500 1,975 - 1,975 PJ-001832: Improving Quality, Nutrition and Health Impacts of Inclusion of Cassava Flour in Bread Formulation in West Africa (Nigeria & Ghana) 11/03/2014 30/06/2016 450 419 - 419 PJ-001912: Youth Agribusiness Development Initiative (YADI): A Private-Public Partnership to Advance Participation of Youth in Agriculture 14/03/2014 13/03/2016 394 419 - 419 PJ-002299: Fight Cassava Brown Streak Disease and Cassava Mosaic Disease through the Deployment of New Resistant Germplasm and Clean Seed in Burundi and Rwanda 05/04/2017 31/03/2021 2,000 2,012 (0) 2,011 PJ-002860: Agricultural transformation in Nigerian federal states and Togolese regions towards achieving Zero Hunger 01/03/2021 31/01/2024 2,000 483 337 820 PJ-003036: Strengthening the Supply of Improved Seeds in Central Africa (SISCA) 08/04/2021 30/06/2023 1,000 13 182 195 12,992 9,828 518 10,346 68 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 69 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 ILRI PJ-002057: Improved productivity through crop-livestock interventions in Eastern DR Congo and Burundi (CLiP project) 01/03/2015 31/08/2019 2,247 2,395 - 2,395 2,247 2,395 - 2,395 JAPAN PJ-001320: Establishment of New Seed Yam Production System for Yam 01/04/2011 31/10/2023 681 630 24 653 PJ-001354: Improving the water and nutrient use efficiency of crops under dry savanna and Sahel regions in Africa 01/04/2011 31/03/2019 742 748 - 748 1,423 1,377 24 1,401 Nutrition International PJ-003000: Nigeria National Food Consumption and Nutrition Survey (Dietary Intake Pre-Survey Work) 19/02/2019 31/12/2020 156 189 - 189 156 189 - 189 SDC PJ-001598: Classical biological control of the papaya mealybug (Paracoccus marginatus) a new invasive and highly polyphagous pest spreading throughout West and Central Africa 01/11/2012 31/10/2016 2,330 2,083 - 2,083 2,330 2,083 - 2,083 USAID PJ-001369: Developing Transgenic Banana with Resistance against Xanthomonas wilt 01/10/2010 30/09/2021 2,400 2,398 - 2,398 PJ-001427: Development and commercialization of biological control and promotion of aflatoxins mitigation practices in maize value chain to improve public health, increase trade, augment smallholder income, and enhance food security in Zambia 01/05/2011 30/09/2015 1,489 1,538 - 1,538 PJ-001428: Mitigating Cassava Disease Threats for Improved Cassava Production in Zambia, with a Special Focus on Eastern Province 01/05/2011 30/09/2015 1,115 1,251 - 1,251 PJ-001463: Sustainable Intensification of Maize-Legume Systems for the Eastern Province of Zambia (SIMLEZA) 01/05/2011 30/09/2015 1,799 1,863 - 1,863 PJ-001488: The USAID-funded Zambia feed the future research and development program coordination unit 01/07/2011 31/12/2015 646 652 - 652 PJ-001503: Sustainable Intensification of Key Farming Systems in the Sudano-Sahelian Zone of West Africa 01/10/2011 31/03/2023 33,357 30,732 2,339 33,071 PJ-001504: Transforming Key Production Systems: Maize Mixed East and Southern Africa 01/10/2011 31/03/2023 42,871 40,780 2,314 43,094 PJ-001747: Aflatoxin Policy and Program for the East Africa Region (APPEAR) 01/07/2013 30/06/2017 4,333 4,656 - 4,656 PJ-001905: Enhancing Climate-Resilience of Agricultural Livelihoods (Education and Research to Improve Climate Change Adaptation- Uganda) 01/10/2013 30/06/2022 2,037 2,096 (58) 2,038 PJ-001973: Africa RISING: Impact of Sustainable Intensification on Landscapes and Livelihoods (Africa RISING Global Climate Change Mitigation) 01/10/2013 15/11/2018 400 399 - 399 PJ-002044: Making high quality soybean seeds accessible to smallholder farmers in Malawi {(Reseeding Malawi’s Smallholder Agriculture- Legumes) (Feed the Future Malawi Improved Seed System and Technologies-Legumes)} 09/12/2014 30/06/2019 2,544 2,762 - 2,762 PJ-002047: Taking cowpeas to scale in West Africa (Seed Scaling: Cowpea for West Africa) 01/10/2014 31/12/2017 5,840 5,842 - 5,842 PJ-002074: Enhancing partnership among Africa RISING, NAFAKA and TUBORESHE CHAKULA Programs for fast-tracking delivery and scaling of agricultural technologies in Tanzania 01/10/2014 30/09/2020 9,075 9,088 (0) 9,088 PJ-002118: Reseeding Malawi’s Smallholder Agriculture - Aflasafe (Feed the Future Malawi Improved Seed System and Technologies (Aflasafe Component)) 09/12/2014 30/06/2019 1,957 2,290 (0) 2,290 PJ-002153: Cassava Virus Disease Surveillance in Democratic Republic of Congo and Nigeria 01/03/2015 30/06/2017 230 240 - 240 PJ-002307: Feed the Future Mozambique Improve seeds for better Agriculture (SEMEAR) 01/10/2015 30/09/2021 13,346 13,946 (0) 13,946 PJ-002312: IITA Crops to End Hunger: Plantain 01/10/2015 30/09/2023 5,600 5,012 437 5,449 PJ-002313: IITA Crops to End Hunger: Cassava 01/10/2015 30/09/2023 5,100 4,635 440 5,076 PJ-002314: Genetic Improvement in Cowpea 01/10/2015 31/12/2021 3,241 2,761 51 2,812 PJ-002315: IITA Crops to End Hunger: Soybean 01/10/2015 30/09/2023 2,800 2,301 449 2,749 PJ-002461: Action to Control Cassava Brown Streak Disease in the Democratic Republic of Congo 01/11/2016 30/09/2022 6,644 6,003 691 6,694 PJ-003211: Genetic improvement of banana for control of bacterial wilt disease. 01/10/2021 30/09/2025 1,720 176 887 1,063 PJ-003246: Aflasafe mitigation efforts in Kenya and East Africa 01/06/2020 31/03/2022 300 290 10 300 PJ-003256: USAID - Enhancing Resilient and Adaptive Agriculture Livelihoods in Uganda – Scaling of Proven Climate-Smart Agriculture Technologies 01/10/2020 30/09/2025 3,500 1,362 1,280 2,642 PJ-003763: IITA Accelerated Innovation Delivery Initiative – AID-I: Great Lakes Highlands 01/10/2022 30/09/2024 20,000 - 689 689 172,345 143,074 9,529 152,603 Exhibit II (cont’d) 69 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 70 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE For the year ended 31 December 2022 Group Annual Reports and Financial statements Exhibit II (cont’d) For the year ended 31 December 2022 Total Grant Expenditure Expenditure Total Total Grant Expenditure Expenditure Total Project Title Project Title Start Date End Date Pledge PSrtioarr Yt eDarast e CurrenEtn Ydea Dr atEex penditureP ledge Prior Years Current Year Expenditure WWinindodwo w3 3 WORLD BANK ILRI PJ-002902: Technical analysis of the feasibility, opportunities, and obstacles of expanding the current Ebony Project 05/09/2018 31/12/2018 50 51 - 51 IPM NPETJW-0O0R2K0 57: Improved productivity through crop-livestock interventions in Eastern DR Congo and Burundi (CL iP project) 50 01/0531 /2015 3-1 /08/2019 51 2,247 2,395 - 2,395 Closed Projects - 17,71 3 - 17,713 2,247 2,395 - 2,395 JAPAN - 17,7 1 3 - 17,7 13 GrandP TJo-t0a0l 1320: Establishment of New Seed Yam Production System for Yam 446,462 013/509,47/429 011 303,181/81 0/20233 90,567 681 630 24 653 B ilateral PJ-001354: Improving the water and nutrient use efficiency of crops under dry savanna and Sahel regions in Africa 01/04 /2011 31 /03/2019 742 748 - 748 aBi Trust 1,423 1,377 24 1,401 Nutrition International AGRA PJ-003P1J4-20: 0a3Bi0 T0ru0s:t N, AiGgeRAri/aII TNAa -t Dioenveallo pFionog dan Cdo dnepsulomyinpgt iaoflnat oaxnind bNioulotgriictaiol cno nSturorvl peryo d(Ducitest faorry in Itnetgarakteed P arfela-tSouxirnv ey Work) 19/02/2019 31/12/2020 156 189 - 189 manag ement in Uganda accessible through priva 12/05/2020 11/05/2024 1,209 315 233 548 156 189 - 189 SDC 1,209 315 233 548 PJ-001598: Classical biological control of the papaya mealybug (Paracoccus marginatus) a new invasive and highly polyphagous pest CROP TRUST PJ-003s6p7r0e: aCRdOinPg T RthUrSoT/uIIgThAo - uLot nWg-teesrtm a fnudnd Cinegn otfr Eaxl SAitfur iccoall ections of germplasm held by IITA 01/01/2022 31/12/2023 1,000 01/1-1 /2012 35010/ 10/2016 500 2,330 2,083 - 2,083 1,000 - 500 500 2,330 2,083 - 2,083 USAID DiGeSA PJ-001369: Developing Transgenic Banana with Resistance against Xanthomonas wilt 01/10 /2010 30 /09/2021 2,400 2,398 - 2,398 PJ-001624: DiGeSA/IITA - Agreement for Collaboration in Research Activities 26/04/2012 28/02/2016 17 20 - 20 PJ-001427: Development and commercialization of biological control and promotion of aflatoxins mitigation practices in maize value1 7 20 - 20 chain to improve public health, increase trade, augment smallholder income, and enhance food security in Zambia 01/05/2011 30/09/2015 1,489 1,538 - 1,538 ETH PJ-001428: Mitigating Cassava Disease Threats for Improved Cassava Production in Zambia, with a Special Fo cus on Easte rn Province 01/05 /2011 30 /09/2015 1,115 1,251 - 1,251 PJ-003P6J0-80: 0E1TH4/6II3T:A S- uDsEtLaIBinERaAbTleE, I“nDtoeens sfoifoicda dteiomno corafc My maaiztete-rL?e Lginukminge tShye sdteelimbesr aftoivre t qhuea lEitay sotfe srony aPnrdo cvoinffceee voaflu Zea cmhabinias (SIMLEZA) 01/05/2011 30/09/2015 1,799 1,863 - 1,863 to ecological “foodprints” 01/01/2022 31/12/2025 51 - (10) (10) PJ-001488: The USAID-funded Zambia feed the future research and development program coordination unit 01/07/2011 31/12/2015 646 652 - 652 51 - (10) (10) PJ-001503: Sustainable Intensification of Key Farming Systems in the Sudano-Sahelian Zone of West Africa 01/10/2011 31/03/2023 33,357 30,732 2,339 33,071 IAEA PJ-001504: Transforming Key Production Systems: Maize Mixed East and Southern Africa 01/10 /2011 31 /03/2023 42,871 40,780 2,314 43,094 PJ-003P6J1-50: 0IA1E7A4/I7IT:A A -f Elaxtpoloxitiinn gP iondliuccye ad nmdu tPartoiognrsa tom u fnoear rtthh em Eolaesctu lAarf raiscsao cRiaetigoinosn fo (rA rPesPisEtAanRc)e to Maruca pod borer and 01/07/2013 30/06/2017 4,333 4,656 - 4,656 striga PreJs-i0st0a1nc9e0 i5n :c oEwnpheaan, cViin g Climate-Resilience of Agricultural Livelihoods (Education and Research to Improv1e1 C/0li3m/2a0t2e2 Ch3a0n/g04e/ 2A0d2a7p tation4-7 - 27 27 Uganda) 47 01/1-0 /2013 3207/ 06/2022 27 2,037 2,096 (58) 2,038 PJ-001973: Africa RISING: Impact of Sustainable Intensification on Landscapes and Livelihoods (Africa RISING Global Climate Change IPI PJ-003M20i5t:i gIPaIt/iIIoTnA) - Tracking storage root bulking of cassava under NPK fertigation and banding 01/06/2020 31/05/2022 30 01/1201 /2013 195 /11/2018 30 400 399 - 399 PJ-002044: Making high quality soybean seeds accessible to smallholder farmers in Malawi {(Reseeding Mala wi’s Smallho lder 30 21 9 30 Agriculture- Legumes) (Feed the Future Malawi Improved Seed System and Technologies-Legumes)} 09/12/2014 30/06/2019 2,544 2,762 - 2,762 MINAG P RJ-I,0 D0R2C0 47: Taking cowpeas to scale in West Africa (Seed Scaling: Cowpea for West Africa) 01/10 /2014 31 /12/2017 5,840 5,842 - 5,842 PJ-003661: MINAGRI, DRC/IITA - Projet de Transformation de l' Agriculture en Repuhlique Democratique du Congo dans Ie cadre du ProPgJra-0m0m2e0 d7e4 D: eEvnehloapnpceimnegn pt Laorctanl edressh ip among Africa RISING, NAFAKA and TUBORESHE CHAKULA Programs f0o1r/ 0fa2/s2t0-t2r2a ck3in1/g0 d1/e2l0iv3e0 ry an2d2 ,893 - 20,331 20,331 scaling of agricultural technologies in Tanzania 22,893 01/1-0 /2014 203,033/10 9/20202 0,331 9,075 9,088 (0) 9,088 PJ-002118: Reseeding Malawi’s Smallholder Agriculture - Aflasafe (Feed the Future Malawi Improved Seed System and Technologies (Aflasafe Component)) 09/12/2014 30/06/2019 1,957 2,290 (0) 2,290 PJ-002153: Cassava Virus Disease Surveillance in Democratic Republic of Congo and Nigeria 01/03/2015 30/06/2017 230 240 - 240 PJ-002307: Feed the Future Mozambique Improve seeds for better Agriculture (SEMEAR) 01/10/2015 30/09/2021 13,346 13,946 (0) 13,946 PJ-002312: IITA Crops to End Hunger: Plantain 01/10/2015 30/09/2023 5,600 5,012 437 5,449 PJ-002313: IITA Crops to End Hunger: Cassava 01/10/2015 30/09/2023 5,100 4,635 440 5,076 PJ-002314: Genetic Improvement in Cowpea 01/10/2015 31/12/2021 3,241 2,761 51 2,812 PJ-002315: IITA Crops to End Hunger: Soybean 70 01/10/2015 30/09/2023 2,800 2,301 449 2,749 PJ-002461: Action to Control Cassava Brown Streak Disease in the Democratic Republic of Congo 01/11/2016 30/09/2022 6,644 6,003 691 6,694 PJ-003211: Genetic improvement of banana for control of bacterial wilt disease. 01/10/2021 30/09/2025 1,720 176 887 1,063 PJ-003246: Aflasafe mitigation efforts in Kenya and East Africa 01/06/2020 31/03/2022 300 290 10 300 PJ-003256: USAID - Enhancing Resilient and Adaptive Agriculture Livelihoods in Uganda – Scaling of Proven Climate-Smart Agriculture Technologies 01/10/2020 30/09/2025 3,500 1,362 1,280 2,642 PJ-003763: IITA Accelerated Innovation Delivery Initiative – AID-I: Great Lakes Highlands 01/10/2022 30/09/2024 20,000 - 689 689 172,345 143,074 9,529 152,603 Exhibit II (cont’d) 69 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 71 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 PJ-003583: NRI/IITA - Improved Simulium capture for onchocerciasis elimination surveillance 01/11/2021 30/04/2023 113 - 92 92 113 - 92 92 St Andrews PJ-003168: St Andrews/IITA - Food Security and Health for East Africa 01/10/2019 31/12/2021 25 27 - 27 25 27 - 27 UI PJ-003293: UI/IITA - Characterizing tuber development of an underutilized legume crop, the African Yam Bean (Stenophylis stenocarpa) 01/06/2020 01/06/2021 4 4 - 4 4 4 - 4 AATF PJ-002887: TAAT Policy Support ENABLER: Enabling Policies for Technology Adoption 01/05/2018 31/10/2021 596 (49) - (49) PJ-003028: Technologies for African Agricultural Transformation (TAAT) MAIZE Compact (AATF subgrant) 01/05/2018 30/11/2021 734 323 (0) 323 PJ-003762: MAIZE EARLY GENERATION SEED PRODUCTION 01/08/2022 30/07/2024 100 - 14 14 PJ-000313: Ex-ante impact assessment of high-quality insect-resistant cowpea in West Africa: Baseline studies for consumer preferences, farm level benefits and seed sector performance 01/09/2005 30/06/2006 121 - - - PJ-000745: AATF/IITA - Improving Banana for Resistance against Xanthomonas wilt in Sub-Saharan Africa 01/01/2007 31/03/2015 714 62 - 62 2,265 336 14 350 aBi Trust PJ-001493: aBi Trust/IITA - Mapping Uganda’s coffee quality 20/12/2011 19/04/2013 33 36 - 36 33 36 - 36 ACIAR PJ-003692: ACIAR/IITA - Identifying potential biosecurity systems for Fusarium wilt TR4 with smallholder banana producers in Tanzania and Mozambique 26/04/2022 31/12/2024 294 - 42 42 294 - 42 42 ADA PJ-003148: ADA/IITA - Sofala Province Water, Energy, and Food Security Project (SWEF) 01/08/2020 31/07/2024 1,507 702 235 937 1,507 702 235 937 AfDB PJ-001371: The Multinational - CGIAR Project: Support to Agricultural Research for Development on Strategic Commodities in Africa (SARD-SC) 12/03/2012 31/12/2017 62,247 60,021 1 60,022 PJ-001942: Nigeria Agricultural Transformation Agenda Support Program - Phase 1 (ATASP-1 Outreach Program) 01/03/2015 30/03/2021 20,001 12,337 (17) 12,320 PJ-002403: Technologies for African Agricultural Transformation (TAAT): 02/02/2018 30/06/2022 40,000 17,865 1,415 19,280 PJ-003642: AfDB Special Emergency Assistance Fund (SEAF)– Helping Countries Building Resilient Food Systems 06/09/2021 05/09/2022 200 - 268 268 PJ-003678: Technical Assistance for Agricultural Transformation in Countries in Transition 06/07/2022 31/12/2023 2,860 - 54 54 PJ-003743: Technologies for African Agricultural Transformation Phase II 15/08/2022 31/03/2025 9,120 - 476 476 PJ-001424: AFDB-CBARDP/IITA - Community-Based Agricultural and Rural Development (CBARD) Project in Nigeria 01/06/2011 31/12/2013 823 818 - 818 135,251 91,041 2,198 93,239 AgBiome PJ-002925: Evaluation of microbial-based products for the control of Black Sigatoka in bananas and plantains. 04/09/2018 04/09/2020 71 59 - 59 PJ-002847: AgBiome/IITA - Microbial diversity collection from yam 23/05/2018 31/12/2021 101 111 (6) 105 PJ-003688: AgBiome/IITA - Screening AgBiome biocontrol agents for use in Africa 22/04/2022 17/01/2025 208 - 41 41 380 170 35 205 71 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 72 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 AGRA PJ-001567: AGRA/IITA - Dissemination of foundation seeds and planting materials of improved varieties of maize, soybean, and cassava to stimulate the product 01/09/2012 31/10/2017 400 411 - 411 PJ-001636: AGRA/IITA - Supporting Soil Health Consortia in West Africa- facilitating wider uptake of better adapted ISFM practices with visible positive imp 01/09/2013 31/03/2017 1,500 1,577 - 1,577 PJ-003521: Upscaling Farmer Productivity, Food Security and Resilience in the Maize-Rice-Soybean, Cowpea and Vegetable Value Chains in Kaduna State through strengthened Public- Private Extension System. 01/01/2022 31/12/2024 221 - 68 68 PJ-002919: AGRA/IITA - Making Biological Control Commercial Ready and Incorporating its Use in Integrated Management of Aflatoxin in Rwanda 15/12/2018 15/07/2022 734 658 59 717 PJ-003382: AGRA/IITA - Aflatoxin Management and Control Technical Assistance Program 10/12/2021 15/09/2022 163 - 163 163 3,018 2,646 290 2,936 Agrilife Research PJ-002217: Agrilife Research/IITA - BREAD PHENO: High Throughput Phenotyping Early-Stage Root Bulking in Cassava using Ground Penetrating Radar 15/06/2016 31/05/2020 108 135 1 136 108 135 1 136 Austria PJ-000004: FCDO (formerly: DFID), ADA/IITA - Enhancing livelihoods of poor livestock keepers through increasing use of fodder 01/10/2000 30/09/2005 300 326 - 326 PJ-000957: CGIAR System, ADA/IITA - 2009/05: Biological control of aflatoxins in maize for enhanced food safety and income in Burkina Faso 01/01/2010 28/02/2014 680 621 - 621 980 947 - 947 AWF PJ-001685: AWF/IITA - The development and expansion of sustainable agriculture activities in the periphery south of Faunal Reserve of Lomako Yokokala mainl 15/12/2012 29/09/2018 1,124 1,171 - 1,171 1,124 1,171 - 1,171 AXA PJ-002657: AXA/IITA - Improving Financial Inclusion of Smallholder Farmers in Northern Nigeria (AXA RF Post-Doctoral Fellowship Research) 01/03/2018 30/09/2019 86 81 - 81 86 81 - 81 BAYER PJ-002508: BAYER/IITA - Evaluation of Flupyradifurone against Bemisia tabaci whiteflies in East Africa 01/11/2016 30/04/2019 80 79 - 79 PJ-NA2910: Evaluate Monsoon Active for post-emergency weed control in cassava in 5 locations in Nigeria 13/08/2018 30/06/2021 57 56 0 56 PJ-003356: Bayer/IITA - TR4 Resistant Banana 04/11/2021 31/12/2022 65 - 65 65 202 135 65 200 BIOVERSITY PJ-002725: BIOVERSITY/IITA - Broadening the scaling of BXW management in East and Central Africa 01/11/2018 31/12/2020 40 43 - 43 PJ-003700: BIOVERSITY/IITA - Banana reference library construction for DNA fingerprinting 15/05/2022 31/03/2023 72 - 60 60 112 43 60 103 BMGF PJ-001135: BMGF/IITA - Biotechnology Applications to Combat Cassava Brown Streak Disease 05/11/2009 31/12/2016 4,639 4,643 - 4,643 PJ-001305: BMGF/IITA - Achieving sustainable Striga control for poor farmers in Africa 01/04/2011 30/06/2015 6,759 6,799 - 6,799 PJ-001565: New Cassava Varieties and Clean Seed to Combat Cassava Brown Streak Disease and Cassava Mosaic Disease (5CP) 01/06/2012 31/03/2017 6,222 6,393 - 6,393 PJ-001774: BMGF/IITA - Yam Transformation System 26/09/2013 30/04/2016 704 702 - 702 18,324 18,537 - 18,537 72 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 73 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE INTERNATIONAL GINrSoTuIpT UAnTEn uOaFl RTeRpOoPrItCs AaLn dA GFiRnIaCnUcLiaTlU sRtaEt ements Group Annual RepFoorrt st haen dye Fainr aenncdieadl s3t1a tDemeceenmtsb e r 2022 For the year ended 31 December 2022 Exhibit II (cont’d) Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End DTaottea l Grant PledEgxep endituPreri or YEexapresn ditCuurer rent YeTaort al Expenditure Window Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 3 Bristol University Bristol UnPivJ-e0r0s3it1y1 8: University of Bristol /IITA - Unifying CBSV Surveillance 01/08/2019 31/03/2020 49 45 5 50 PJ-003118 : University of Bristol /IITA - Unifying CBSV Surveillance 01/08/2019 31/03/2020 49 49 45 45 5 5 50 50 CAPEF 49 45 5 50 CAPEF PJ-002264: CAPEF/IITA - IITA Support to the chambre of Agriculture in Cassava Multiplication and Transformation in Cameroon 01/08/2015 31/07/2017 67 32 - 32 PJ-002264 : CAPEF/IITA - IITA Support to the chambre of Agriculture in Cassava Multiplication and Transformation in Cameroon 01/08/2015 31/07/2017 67 67 32 32 - - 32 32 CARE-ZAMBIA 67 32 - 32 CARE-ZAMPJB-0IA0 1981: CARE-ZAMBIA/IITA - An integrated approach to improve nutrition status of women and children under 2 years PJ-001981th: rCoAuRgEh- ZnAuMtriBtiIoAn/I IsTeAn s-i tAivne i natgergicrualtteudr ea pinp Eroaas ch to improve nutrition status of women and children under 2 years 01/09/2014 30/06/2017 946 810 - 810 through n utrition sensitive agriculture in Eas 01/09/2014 30/06/2017 946 946 810 810 - - 810 810 CARITAS Kongolo 946 810 - 810 CARITAS KPoJ-n0g0o3l7o4 2: CARITAS Kongolo/IITA - Projet d’appui à l’installation d’une mini unité de transformation des produits agricoles en PJ-003742fa: rCinAeRsI TinAfSa nKtoinlegso àlo h/aIIuTtAe -v Parleoujert n du’tarpitp ui à l’installation d’une mini unité de transformation des produits agricoles en 17/10/2022 16/04/2023 30 - 2 2 farines in f antiles à haute valeur nutrit 17/10/2022 16/04/2023 30 30 - - 2 2 2 2 CFC 30 - 2 2 CFC PJ-000855: CFC/IITA - Integration of Small-Scale Farmers into the Market Economy through Soybean Value Chains in Malawi and PJ-000855M: oCzFaCm/IbITiqAu -e I ntegration of Small-Scale Farmers into the Market Economy through Soybean Value Chains in Malawi and 08/04/2011 08/04/2015 1,757 1,882 - 1,882 Mozambi q ue 08/04/2011 08/04/2015 1,757 1,757 1,882 1,882 - - 1,882 1,882 CFEF 1,757 1,882 - 1,882 CFEF PJ-002711: CFEF/IITA - Technical assistance for the strengthening of the National Institute for Agricultural Study and Research PJ-002711(I:N CEFREAF)/ IoITrgAa -n Tizeacthionnicaal la ansdsi ts tance for the strengthening of the National Institute for Agricultural Study and Research 08/01/2018 31/03/2019 478 481 - 481 (INERA) o r ganizational and t 08/01/2018 31/03/2019 478 478 481 481 - - 481 481 CFFRC 478 481 - 481 CFFRC PJ-002625: CFFRC/IITA - Drought tolerance in Bambara groundnut 21/06/2016 31/12/2019 91 98 - 98 PJ-002625 : CFFRC/IITA - Drought tolerance in Bambara groundnut 21/06/2016 31/12/2019 91 91 98 98 - - 98 98 CGD 91 98 - 98 CGD PJ-003683: CONTEXT, MEDA/IITA - TECHNICAL ASSISTANCE AND BUSINESS ADVISORY SERVICES FOR GRANTEES OF THE RAPID PJ-003683B:A CNOANNTAE XPTR,O MGERDAAM/ IITA - TECHNICAL ASSISTANCE AND BUSINESS ADVISORY SERVICES FOR GRANTEES OF THE RAPID 13/04/2022 31/12/2022 49 - 13 13 BANANA P ROGRAM 13/04/2022 31/12/2022 49 49 - - 13 13 13 13 49 - 13 13 73 73 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 74 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 CGIAR System PJ-001291: IFPRI, LSHTM/IITA - CGIAR Research Program on Agriculture for Health and Nutrition: (CGIAR Research Program on Agriculture for Nutrition and Health Globa 01/01/2012 31/12/2021 14,852 - 116 116 PJ-001292: IWMI/IITA - CGIAR Research Program (CRP) 5: Water, Land and Ecosystems 01/01/2012 31/12/2016 4,501 - - - PJ-001294: CIAT/IITA - CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS): (CGIAR Research Program on Climate Change, Agricultu 01/01/2011 31/12/2021 7,373 - 101 101 PJ-001490: CGIAR System/IITA - CGIAR Research Program (CRP) 1.2 - Humidtropics: Integrated Systems for the Humid Tropics 01/07/2012 31/12/2016 69,267 - - - PJ-001544: CIP/IITA - CGIAR Research Program on Roots, Tubers, and Bananas: (CGIAR Research Program on Roots, Tubers, and Bananas Agri-Food Systems) 01/01/2012 31/12/2021 22,961 - 5 5 PJ-001662: CIP/IITA - CGIAR Research Program: Roots, Tubers; and Bananas for Food Security and Income Task Order No. 0412RTBTO: Project Profile: "Comple 01/01/2012 31/12/2016 1,907 2,189 - 2,189 PJ-001709: CROP TRUST/IITA - CGIAR Genebank Platform 01/01/2012 31/12/2021 21,615 9 355 364 PJ-001827: CIP/IITA - CGIAR Research Program: Roots, Tubers, and Bananas for Food Security and Income: Project Profile: Complementary funding for crosscut 01/01/2013 31/12/2016 2,889 3,597 - 3,597 PJ-001872: ICRISAT/IITA - CGIAR Research Program on Grain Legumes- Product Line 5 Coordinator (PLC) - Dr Manuele Tamo, IITA- Benin 02/08/2013 31/12/2016 160 153 - 153 PJ-002604: CIP/IITA - RTB CA4.2 Cassava processing 01/01/2017 31/12/2021 904 157 - 157 PJ-002605: CIP/IITA - CC4.1 – Demand-led approaches to drive post-harvest innovation and nutritious RTB products 01/01/2017 31/12/2021 384 - - - PJ-002606: CIP/IITA - BA3.3: Banana fungal & bacterial wilt (Foc/Bacteria) (W1/2 earmarked funds) 01/01/2017 31/12/2021 509 47 - 47 PJ-002608: CIP/IITA - DI1.2 - Discovery Research for Enhanced Utilization of RTB Genetic Resources (Next Generation Breeding) 01/01/2017 31/12/2021 206 219 - 219 PJ-002609: CIP/IITA - CC2.1 - Quality seeds & access to improved varieties- (Type 2 and Type 3) 01/01/2017 31/12/2021 725 676 - 676 PJ-002610: CIP/IITA - DI1.3. Genetically engineered RTB varieties with game-changing traits (DI1.3 GCT) 01/01/2017 31/12/2018 342 456 - 456 PJ-002611: CIP/IITA - CC5.4 – Enhancing the scaling readiness of RTB food systems 01/01/2017 31/12/2021 2,106 1,339 - 1,339 PJ-002612: CIP/IITA - DI 1.4: Cluster Genetic Diversity of RTB CRP 01/01/2017 31/12/2018 235 - 1 1 PJ-002614: CIP/IITA - CC5.1 Foresight and Impact Assessment 01/01/2017 31/12/2021 853 692 - 692 PJ-002615: CIP/IITA - DI1.1: RTB Breeding Community of Practice (Type 1 and Type 3) 01/01/2017 31/12/2021 1,055 908 - 908 PJ-002624: CIP/IITA - Scaling: CC 3.2 Sustainable RTB crop production systems 01/01/2017 31/12/2021 951 942 - 942 PJ-002656: CIP/IITA - CC3.1 Pest/disease management - (Type 2 and Type 3) 01/01/2017 31/12/2021 865 1,003 - 1,003 PJ-002658: CIP/IITA - BA3.4 Banana viral diseases (BBTV) 01/01/2017 31/12/2021 704 - 1 1 PJ-002659: CIP/IITA - CC5.3 Gender-equitable development and youth 01/01/2017 31/12/2021 263 230 - 230 PJ-002708: CIAT/IITA - CGIAR Platform for Big Data in Agriculture 01/01/2017 31/12/2021 262 143 - 143 PJ-003208: CIMMYT/IITA - Understanding the dynamics linking fall armyworm and climate change induced vulnerability to maize production for developing adaptati 01/01/2020 30/09/2021 115 115 - 115 PJ-003209: CIMMYT/IITA - Breeding for Native Resistance to Fall Armyworm at IITA 01/01/2020 31/03/2021 100 - 1 1 PJ-003344: CIAT/IITA - Citizen-H2D3 (Citizen-driven Individual/ Household Dietary Diversity Dynamics): Pilot in Rwanda 01/01/2021 31/12/2021 93 - 38 38 PJ-003417: ILRI/IITA - Antimicrobials utilisation (AMUSE) and antibiotics susceptibility patterns of E. coli and Salmonella isolates from different livestoc 15/11/2020 15/09/2021 44 44 - 44 PJ-003426: ILRI/IITA - Contribution to GENDER Platform resource center 01/01/2020 31/12/2021 215 246 - 246 PJ-003447: ILRI/IITA - Develop and validate innovative methods and tools for gender research 01/07/2021 31/12/2022 167 - 2 2 PJ-003481: IFPRI/IITA - Building a Resilient Post-COVID Food Systems in Nigeria 15/03/2021 20/12/2021 150 - - - PJ-003564: CIMMYT/IITA - Developing Product Profiles by Tracking Traits and Performance of Dominant Varieties 01/09/2021 31/12/2021 65 65 - 65 PJ-CF3696: CGIAR System/IITA - Regional Director West and Central Africa 01/01/2022 31/12/2022 614 - - - PJ-NA2394: CGIAR System/IITA - Gender Postdoctoral Fellowship (Grant Award Agreement 16/008) 01/01/2016 31/03/2018 108 129 - 129 PJ-NA2477: CROP TRUST/IITA - First Working Group Meeting of the CGIAR Germplasm Health Units & International Phytosanitary Conference 19/08/2016 30/11/2016 53 67 - 67 R4D Nil Nil - - 1 1 157,613 13,426 621 14,047 74 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 75 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 CHEMONICS PJ-002484: CHEMONICS/IITA - Development of Tools to Facilitate Uganda Coffee Farmers’ Adaptation to Climate Change #RFP 024 16/03/2017 31/12/2017 150 150 - 150 150 150 - 150 CHEMONICS, USAID PJ-001089: CHEMONICS, USAID/IITA - MARKETS: Increasing cassava productivity in selected states in Nigeria 29/04/2009 30/11/2010 1,584 1,103 - 1,103 1,584 1,103 - 1,103 CIDA PJ-001229: CIDA/IITA - Breeding for improved soybean symbiosis and rust resistance to the benefit of African farmers 01/04/2010 30/06/2013 68 85 - 85 68 85 - 85 CIFOR PJ-002673: CIFOR/IITA - The major agricultural value chains in the Tshopo province of the DR Congo 01/08/2017 31/01/2018 84 82 - 82 84 82 - 82 CIMMYT PJ-001533: CIMMYT/IITA - Development and Delivery of Combined Drought and Heat Stress Tolerant Maize Germplasm in Sub- Saharan Africa 11/07/2012 30/09/2015 600 612 - 612 PJ-001543: CIMMYT/IITA - CGIAR Research Program on Maize: (CGIAR Research Program on Maize Agri-Food Systems) 01/07/2011 31/12/2021 7,182 512 34 546 PJ-001910: CIMMYT/IITA - Technical Assistance for Aflatoxin Control 01/09/2013 31/12/2015 47 57 - 57 PJ-001923: CIMMYT/IITA - Assessment of the suitability for intercropping of contrasting maize and cassava varieties under intensified agronomic regimes along 15/02/2014 30/09/2017 318 320 - 320 PJ-003047: Application of agent-based modeling for policy prioritization in developing countries 01/09/2019 30/10/2020 40 40 - 40 PJ-002113: CIMMYT/IITA - Transformation of agronomic research and delivery services for smallholder farmers in maize-based systems of Sub-Saharan Africa with 04/11/2014 30/06/2020 2,706 2,680 26 2,706 PJ-002396: CIMMYT/IITA - Ensuring prevention of MCMV spread to West Africa and seting up a functional MLN Quarantine Facility for proactive breeding for resis 17/06/2016 31/12/2019 291 292 - 292 PJ-003099: CIMMYT/IITA - Module 3 Genotyping and Logistic support for West Africa 01/07/2019 31/12/2019 58 49 - 49 PJ-003197: CIMMYT/IITA - Co-validation of nutrient expert (NE) mobile-based tool in smallholder maize-based systems of Nigeria. 01/01/2020 15/09/2021 38 15 - 15 11,280 4,577 60 4,637 CIMMYT, GCP PJ-001136: CIMMYT, GCP/IITA - Improvement and evaluation of the existing cassava reference set for Africa (Development of a genetic resources base for drought and 01/04/2010 31/08/2014 303 295 - - 303 295 - - 75 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 76 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 CIP PJ-001915: CIP/IITA - Expanding utilization of RTB and reducing their postharvest losses 01/06/2014 30/11/2016 391 392 - 392 PJ-001945: CIP/IITA - Request for short term consultancy to mitigate Fusarium wilt TR4 in Mozambique (Task Order No. 01-14- RTB-TO) 01/01/2014 31/07/2014 20 - - - PJ-002051: CIP/IITA - Survey of potato pests: disease, nematodes, and insects in south-west Uganda 14/08/2014 31/10/2014 12 12 - 12 PJ-002117: CIP/IITA - Impact Assessment Studies under RTB: Assessing adoption and impacts of improved cassava varieties on poverty reduction in Nigeria (Ta 01/09/2014 31/12/2015 194 - - - PJ-002226: CIP/IITA - NextGen Phytosanitation: Rapid elimination of viruses from RTB plants for crop improvement and seed systems 01/10/2016 30/11/2020 673 674 - 674 PJ-002485: CGIAR Research Program: Roots, Tubers; and Bananas for Food Security and Income Task Order No. 01-16-RTB-TO: Project Profile: "Complementary funding for cross-cutting projects." 01/10/2016 30/12/2016 5,173 20 20 PJ-002340: CIP/IITA - Building Nutritious Food Baskets: Scaling up Biofortified Crops for Nutrition Security in Nigeria and Tanzania (Reaching Agents of Ch 01/02/2016 30/09/2018 432 464 - 464 PJ-002666: KULIMA Promoting farming in Malawi: Improving the access to and use of agriculture research innovations by Malawian farmers 15/05/2018 31/12/2019 316 326 (1) 325 PJ-003097: DeSIRA: Climate-smart innovations to improve productivity, profitability and sustainability of agriculture and food systems in Malawi through multidisciplinary research 10/12/2019 31/08/2024 596 259 152 411 PJ-003299: KULIMA Promoting Farming in Malawi: Improving the access to and use of agriculture research innovations by Malawian farmers 01/01/2020 30/06/2022 293 267 10 277 PJ-002665: CIP/IITA - Root and Tuber Crops for Agricultural Transformation in Malawi (RTC-Action Malawi) 01/08/2017 31/03/2023 2,393 2,165 100 2,265 PJ-003296: CIP/IITA - Integrated Seed Sector Development in Africa (ISSD Africa) 01/02/2020 31/08/2022 81 37 47 84 PJ-003783: CIP/IITA - Tools4SeedSystems: working towards resilience through root, tuber, and banana crops in humanitarian settings 01/09/2022 31/08/2023 100 - - - 10,674 4,616 309 4,925 CIRAD PJ-002933: Classical biological control against the Mango mealybug in French Guyana 01/01/2020 31/12/2020 23 29 - 29 PJ-002155: Preparation a comprehensive sample of Discorea alata accessions representative of ancient African varieties and originating from diverse and distant geographical origins in Africa (under the Agropolis project: Sunda or Sahul The Origin 01/01/2015 31/03/2018 11 14 - 14 PJ-003443: CIRAD/IITA - Dynamics of Soil Carbon Sequestration in Tropical and Temperate Agricultural systems (DSCATT) 01/01/2021 31/03/2023 112 43 49 92 146 86 49 135 CORAF/WECARD PJ-001615: CORAF/WECARD/IITA - Enhancing Cowpea productivity and income for sustainable livelihood of resource-poor farmers 25/04/2012 24/04/2014 75 64 - 64 PJ-001681: CORAF/WECARD/IITA - Capacity Strenthening Course for Innovations Platforms, Value Chains, and Mentoring Field Visits 18/01/2013 30/05/2015 298 390 - 390 PJ-002126: Developing Capacity for Agricultural Research for Development (C4R4D) in Sub-Saharan Africa: FROM SUPPLY- TO DEMAND-LED TRAINING 12/01/2015 19/01/2019 416 498 - 498 PJ-001794: CORAF/WECARD/IITA - West Africa Seed Program (CORAF/WECARD Cooperative Agreement No. AID-624-A-12- 00007) 15/06/2013 31/03/2017 435 420 - 420 1,224 1,372 - 1,372 76 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 77 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 CORNELL UNIV PJ-001375: CORNELL UNIV/IITA - BREAD - LOS - PREVIEW - Novel biomarkers that rapidly identify insect populations that are efficient vectors of circulative plant vir 01/07/2011 30/06/2015 187 198 - 198 PJ-001552: CORNELL UNIV/IITA - Next Generation Cassava Breeding 28/09/2012 31/03/2018 5,530 5,670 - 5,670 PJ-003386: Biotech and Genome Editing Communication Training 17/12/2020 31/10/2022 1,196 427 642 1,069 PJ-NA2409: Peer Effects, Organic Fertilizers, and Soil Health: The Impact of Experiential Learning and Information Transfers on Farmer Valuations of Agricultural Inputs. 01/05/2016 30/05/2017 38 38 - 38 PJ-001633: CORNELL UNIV/IITA - Improving bean yields by reversing soil degradation and reducing soil borne pathogens on small- holder farms in Western Kenya 01/09/2012 31/08/2016 674 - - - PJ-002732: CORNELL UNIV/IITA - Next Generation Cassava Breeding (Phase II) 01/04/2018 31/07/2023 11,460 6,163 3,010 9,173 19,085 12,496 3,652 16,148 CORNELL UNIV, USAID PJ-000061: CORNELL UNIV, USAID/IITA - Agricultural Biotechnology Support Project II 15/06/2003 29/09/2007 228 - - - 228 - - - Cornell University PJ-003480: CORNELL UNIV/IITA - Muhogo Bora: Plentiful Cassava for all 01/05/2021 30/04/2024 796 293 525 818 796 293 525 818 COWBIA PJ-001748: GPN/IITA - COWBIA: Multi-purpose cowpea inoculation for improved yields in small holder farms in Kenya 01/03/2013 31/08/2016 30 40 - 40 30 40 - 40 CRI PJ-002083: CRI - GHANA/IITA - Community action in improving the quality of farmer saved seed yam (CAY-seed) 21/11/2014 31/07/2018 657 524 - 524 657 524 - 524 CROP TRUST PJ-001914: CROP TRUST/IITA - Regenlntro: Introduction of accessions from the regeneration initiative into the international collections held by IITA 13/11/2013 31/12/2016 117 136 - 136 PJ-003418: CROP TRUST/IITA - Consulting Services on Review of Ghanas national genebank complementary site 09/11/2020 30/11/2020 14 48 - 48 131 184 - 184 CRS PJ-000877: CRS/IITA - Great Lakes Cassava Initiative 01/01/2008 30/06/2012 3,367 - - - PJ-001506: CRS/IITA - Sustainable Cassava Seed System in Nigeria 01/02/2013 31/01/2015 153 173 - 173 PJ-001868: CRS/IITA - The Soya ni Pesa (Soybean is Money) project 01/10/2013 30/09/2014 16 22 - 22 3,536 195 - 195 CTA PJ-001327: CTA/IITA - Co-publication of Les nematodes de plantes: Un guide pratique des techniques de terrain et de laboratoire 28/07/2010 31/12/2010 4 3 - 3 PJ-002174: Web 2.0 and Social Media Learning Opportunities and Monitoring, Democratic Republic of Congo 15/10/2015 14/11/2016 17 15 - 15 PJ-002482: Study on ICT use in the roots and tuber value chains in Central Africa 11/10/2016 10/05/2017 21 19 - 19 PJ-002766: Accelerating Innovative and Sustainable Cassava Business Models for Women and Youth in Central Africa 22/05/2018 30/06/2020 755 683 - 683 PJ-NA2617: Accelerating Youth e-agriculture entrepreneurship for improved livelihoods 10/04/2017 09/06/2017 196 38 - 38 PJ-003149: Digital Support for Youth Agribusiness Clubs in Africa 20/08/2019 30/04/2020 66 69 (0) 69 PJ-002950: CTA/IITA - Baseline study: Accelerating Innovative and Sustainable Cassava Business Models for Women and Youth in Central Africa 02/11/2018 30/09/2019 138 137 - 137 1,197 964 (0) 964 77 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 78 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 DAPP PJ-002020: DAPP/IITA - Scaling Out Integrated Soil Fertility Management Technologies in Zambia 16/02/2015 15/02/2018 304 353 - 353 304 353 - 353 DCI-IRELAND PJ-001216: DCI-IRELAND/IITA - Improvement of East African highland bananas: a staple crop of the poor (IITA PhD Research Project) 01/01/2010 31/12/2014 288 221 - 221 288 221 - 221 DDPSC PJ-002042: DDPSC/IITA - Virus Resistant Cassava for East Africa (VIRCA) 30/09/2013 29/05/2020 1,629 1,629 - 1,629 1,629 1,629 - 1,629 Deloitte PJ-001773: Deloitte/IITA - AgResults Initial Pilot Projects 01/10/2013 30/09/2019 5,962 4,987 - 4,987 5,962 4,987 - 4,987 EMBRAPA PJ-001775: FUNARBE/IITA - Exchange of Banana and Plantain (MUSA SPP.) Varieties and Hybrids between IITA and EMBRAPA - widening the genetic base for the develo 01/01/2014 20/05/2016 60 60 - 60 PJ-001970: FUNARBE/IITA - Enhancing soybean productivity through rapid diagnostics for soybean rust and determining pathogenic diversity to enhance resistance 27/11/2014 27/05/2017 68 85 - 85 128 145 - 145 ENSCADP PJ-002213: ENSCADP/IITA - Demonstration, Adoption and Commercialization of Aflasafe Maize in the Maize Value Chain for CADP Enugu State 01/05/2015 30/04/2016 10 4 - 4 10 4 - 4 ETH PJ-002938: ETH/IITA - The rural-urban nexus: Establishing a nutrient loop to improve city region food system resilience (RUNRES) 12/07/2019 30/04/2023 2,057 1,583 300 1,883 2,057 1,583 300 1,883 EU PJ-002262: EU/IITA - MycoKey- Integrated and innovative key actions for mycotoxin management in the food and feed chain 01/04/2016 31/10/2020 91 93 - 93 PJ-002400: EU/IITA - Microbial Uptakes for Sustainable management of major bananA pests and diseases (MUSA) 01/06/2017 30/11/2021 516 502 (2) 500 PJ-002837: EU/IITA - Coordination of International Research Cooperation on soil CArbon Sequestration in Agriculture (CIRCASA) 01/11/2017 28/02/2021 151 142 - 142 PJ-002990: Soil Information System for Africa (Soils4Africa) 01/05/2020 30/04/2024 2,435 192 393 585 PJ-003048: Synergistic Use and Protection of Natural Resources for Rural Livelihoods through Systematic Integration of Crops, Shrubs and Livestock in the Sahel 01/09/2020 31/08/2025 315 42 48 90 PJ-003716: Combating Malnutrition in Africa Through Diversification of the Food System (HealthyDiets4Africa) 01/01/2023 31/12/2028 866 - - - PJ-002874: EU, UCPH/IITA - Support to the implementation of the Long-term EU-AU Research and Innovation Partnership for Food and Nutrition Security and Sustaina 01/11/2018 31/10/2022 137 - 97 97 PJ-003655: EU/IITA - One health sustainability partnership between EU-Africa for food security 01/10/2022 30/09/2025 224 - - - PJ-003470: EU/IITA - Building Resilience to Enhance Food, Incomes and Nutrition Security in the Comoros and Madagascar 01/03/2022 28/02/2025 1,531 - 386 386 6,266 971 922 1,893 EXCHANGE PJ-003708: Exchange/IITA - IITA Assistance to HORTINET Malawi on Banana Seedling Production 07/06/2022 31/12/2022 3 - 1 1 3 - 1 1 78 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 79 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 FAO PJ-000414: FAO/IITA - Programme de relance de la recherche agricole et forestière en RDC (REAFOR) 22/03/2007 30/11/2010 1,319 - - - PJ-001332: FAO/IITA - Strengthening small-holder to agribusiness relationship in three oil palm producing cooperatives in Cameroon - Phase II 13/08/2010 31/12/2011 170 101 - 101 PJ-001384: FAO/IITA - Climate Change and Mcro-organisms relevant to Food and Agriculture: State of Knowledge, Risks and Opportunities 15/12/2010 15/08/2011 36 36 - 36 PJ-001584: FAO Kenya, FAO/IITA - Disaster Preparedness for Food Security Risks in the Great Lakes Region - lmproving responses to the threat of banana diseases under 13/03/2012 22/01/2015 74 13 - 13 PJ-002127: FAO/IITA - Assessing the impacts of improved cassava varieties on poverty reduction in Nigeria 10/06/2015 31/05/2017 200 208 - 208 PJ-002317: FAO/IITA - Quantifying the incidence of aflatoxin contamination in the maize and groundnut value chains to improve public health, increase trade 29/03/2016 30/09/2017 245 258 - 258 PJ-002451: Élimination des pesticides obsolètes y compris les POP et Renforcement de la gestion des pesticides dans les pays membres du Comité permanent inter-États de lutte contre la sécheresse dans le Sahel (CILSS) 15/09/2016 30/12/2020 614 543 0 543 PJ-003201: Technical cooperation to strengthen the linkages between knowledge, technical assistance, and development investments in meeting the targets of Feed Africa of the African Development Bank 03/12/2019 30/12/2021 200 111 3 114 PJ-003532: Biological control of mango mealybug in eastern Africa 28/07/2021 01/11/2022 86 16 67 83 PJ-003750: Expert advice on design and implementation of aflatoxin management strategies centered on use of aflatoxin biocontrol products 20/04/2022 20/11/2022 50 - 5 5 PJ-002456: Élimination des POP et des pesticides obsoletes, renforcement de la gestion du cycle de vie des pesticides 13/07/2016 31/05/2019 61 57 - 57 PJ-003140: International Innovation Award for innovations that empower youth in agriculture and food systems Nil Nil - 20 - 20 PJ-NA2701: Formation Sous régionale sur les stratégies de gestion de la chenille légionnaire d’automne, Spodoptera frugiperda, en Afrique Centrale 25/09/2017 30/10/2017 27 27 - 27 PJ-NA2286: Appui a la prevention et la gestion de la Maladie de Bunchy Top du Bananier (BBTD) au Cameroun, au Gabon et en Guinee Equitoriale 23/09/2015 19/08/2017 44 47 - 47 PJ-002466: FAO/IITA - Gestion durable des forêts par les communes du Cameroun (GCP/CMR/033/GFF) 11/07/2016 31/03/2017 49 49 - 49 PJ-002506: FAO Benin/IITA - Appui à la lutte contre la chenille légionnaire au Bénin (FAO support for the control of the Fall Armyworm) 28/05/2018 30/08/2018 20 15 - 15 PJ-002653: FAO/IITA - Improving food production in Southern Borno through the Deployment of Improved Varieties and Complementary Food Production Technologi 03/07/2017 28/02/2018 103 - - - PJ-002866: FAO/IITA - Climate Smart Agricultural Technologies for improved Rural Livelihoods and Food Security in Borno State 03/07/2018 30/04/2019 51 88 - 88 PJ-003106: FAO/IITA - Community based Seed Production and Promotion of Sustainable Nutrition Sensitive Agriculture in Southern Borno State, Nigeria 28/06/2019 31/10/2020 51 30 - 30 PJ-003135: FAO/IITA - Coordinating elucidation of science and effectiveness of Local Innovations for Managing Fall armyworm in Africa 26/08/2019 10/04/2020 60 60 - 60 PJ-003686: FAO/IITA - Integrated management strategy for the fall armyworm in Central Africa 15/06/2022 31/12/2022 10 - 11 11 PJ-003718: FAO/IITA - Stakeholder sensitization and implementation of demonstration plots/control trial experiments for aflatoxin mitigation in crops/foods 29/07/2022 20/12/2022 53 - 19 19 3,523 1,679 105 1,784 FAU PJ-002171: FAU/IITA - Metabolic engineering of carbon pathways to enhance yield of root and tuber crops 12/02/2015 31/10/2019 1,160 1,165 - 1,165 PJ-002355: Scaling up Improved Legume Technologies in Tanzania - SILT 05/02/2016 30/11/2017 152 149 - 149 PJ-003136: FAU/IITA - Renewal: Cassava Source-Sink (CASS) – Phase II 01/11/2019 30/04/2024 1,055 789 514 1,303 2,367 2,103 514 2,617 79 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 80 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 FH PJ-001630: FH/IITA - Promotion of improved and integrated crop management technologies to increase farm-level crop productivity, market opportunities and 22/05/2012 30/06/2016 397 411 - 411 397 411 - 411 FMARD PJ-001573: FMARD/IITA - Nationwide Crop Pest Survey on Ginger 01/09/2012 31/12/2013 209 - - - PJ-001579: FMARD/IITA - Nigeria Cassava Transformation Initiative. 01/03/2012 30/06/2015 3,693 4,413 - 4,413 PJ-002479: FMARD/IITA Cassava Seed Dissemination project 06/03/2017 31/12/2020 418 370 2 372 PJ-001656: FMARD/IITA - Nigeria Maize and Soybean Transformation Initiative 01/08/2012 31/12/2015 858 869 - 869 PJ-002775: Nation Wide Pest Survey for Yam in Nigeria 23/02/2018 22/02/2019 42 45 - 45 PJ-001988: Program on Training of Master Bakers on HQCF and Wheat Flour Bread Making to Federal Ministry of Agriculture & Rural Development –Nigeria 01/09/2014 31/12/2014 60 10 - 10 PJ-001669: FMARD/IITA - Nigeria Flood Crops relief interventions using residual moisture 10/10/2012 30/09/2013 625 131 2 133 PJ-001959: FMARD/IITA - Nationwide Cassava Pests and Diseases Survey to Identify and Assess the Status of Different Pests and Diseases of Cassava in Nigeria 08/12/2014 26/03/2022 259 240 - 240 6,164 6,078 4 6,082 FMOS PJ-001935: FMOS-MRTC/IITA - Understanding the impact of insecticide resistance on the efficacy of IRS and LLIN in 3 ecological settings of Mali, Benin and Nigeri 01/03/2015 30/09/2017 182 193 - 193 182 193 - 193 FMOS-MRTC PJ-003198: FMOS-MRTC/IITA - A pilot multisectoral intervention (OneHealth Approach) for controlling malaria vectors and mitigating insecticide resistance in sele 31/01/2021 31/01/2023 54 3 40 43 54 3 40 43 FSRDC PJ-002472: FSRDC/IITA - Acquisition de Boutures saines de varietes ameliorees de manioc dans le cadre du” Projet pour la stabilisation de l'est de la RDC pou 01/08/2016 30/06/2018 143 156 - 156 143 156 - 156 FUNAAB PJ-001877: FUNAAB, NRI/IITA - Cassava: Adding Value for Africa Phase II (CAVA II) 01/09/2014 31/01/2018 204 220 - 220 204 220 - 220 GBio PJ-003690: GBio/IITA - Bio-ethanol production in Kenya 01/05/2022 30/07/2023 1 - - - 1 - - - GCDT PJ-000870: CROP TRUST/IITA - Providing for the Long-term funding of Ex Situ collections of germplasm held by IITA 21/12/2007 31/12/2017 2,029 2,682 - 2,682 PJ-002344: CROP TRUST/IITA - Utilisation of wild relatives in the breeding of cowpea for improved adaptation to drought and heat 01/05/2016 30/09/2019 440 438 - 438 2,469 3,120 - 3,120 GCP PJ-001321: CIMMYT, GCP, UC RIVERSIDE/IITA - Improving Cowpea Productivity for Marginal Environments in Sub-Saharan Africa (Subaward No: S-000729) 01/05/2010 30/11/2015 496 129 - 129 496 129 - 129 80 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 81 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 GIZ PJ-001601: GIZ/IITA - Trade-offs and synergies in climate change adaptation and mitigation in coffee and cocoa systems 01/05/2013 31/12/2017 1,446 1,504 (2) 1,502 PJ-001275: Enhancing horticultural productivity, incomes, and livelihoods through integrated management of aphid pests on vegetables in sub-Saharan Africa 01/04/2011 31/12/2015 1,446 1,420 - 1,420 PJ-001442: Local Focus: safe and effective pest and crop management strategies to strengthen the vegetable value chain in the humid tropics (Contract No.: 81141842) 01/02/2012 31/07/2015 1,585 1,562 - 1,562 PJ-002499: Potential analysis of innovative approaches for the cocoa value chain in Cameroon 01/01/2017 30/06/2019 105 129 - 129 PJ-003145: Skill Development for Youth Employment in Nigeria Project 15/09/2020 30/11/2021 231 145 0 145 PJ-003415: Support the development of the maize and cassava value chains in the Federal States of Kaduna, Kano, Ogun, and Oyo of Nigeria 01/12/2020 31/05/2022 240 227 5 232 PJ-003492: Impact assessment for the project 'Climate-smart coffee and cocoa: from theory to practice' in Uganda 01/01/2022 31/12/2022 23 - 22 22 PJ-003502: Long-term biochar experiment Kenya 01/06/2021 28/02/2023 83 15 46 61 PJ-003746: Review of Existing GIAE Training Manuals (GAP and FBS) 12/09/2022 31/01/2023 45 - 34 34 PJ-003747: Building Climate Resilience in Rice and Livestock Systems in the Federal States of Benue and Nasarawa 01/12/2022 31/05/2024 525 - 1 1 PJ-001726: GIZ/IITA - Cassava web innovations in Nigeria: Assessment of food security, quality and safety impact of cassava biomass production, and process 01/07/2013 30/06/2016 241 - - - PJ-001764: GIZ/IITA - LegumeCHOICE: Realizing the underexploited potential of multi-purpose legumes towards improved livelihoods and a better environment i 01/04/2014 31/12/2017 1,446 - - - PJ-001989: GIZ/IITA - Rapid Functional Validation through Virus Induced Gene Silencing of Resistance Genes in Cassava for Impact on Productivity and Food S 01/04/2015 30/09/2018 1,282 1,412 - 1,412 PJ-002048: GIZ/IITA - Scaling Gender Equitable Impact of Cassava Biofortification to Cameroon and Ghana: Phenotyping and gender responsive assessment of ca 01/03/2015 31/08/2016 88 93 - 93 PJ-002133: GIZ/IITA - Improved Banana Production Systems in Burundi 27/11/2014 27/03/2015 34 - - - PJ-002136: GIZ/IITA - Genetic Resources Centre of IITA 01/01/2015 31/12/2015 624 - - - PJ-002139: GIZ/IITA - Commercialization and market development of the Zambian Aflasafe biocontrol product for improved public health, increased trade, and 01/11/2014 30/11/2015 62 - - - PJ-002256: GIZ/IITA - Fast-tracking adaptable preferred cassava varieties for industrial use in Malawi 01/01/2016 28/02/2019 112 114 4 118 PJ-002276: GIZ/IITA - Promoting Cassava Commercialization for Increased Income and Food Security in Malawi 01/12/2015 28/02/2019 656 665 - 665 PJ-002297: GIZ/IITA - Cameroon Cocoa-Eco+ - Sustainable cocoa intensification for increasing cocoa productivity, quality, and income 01/12/2015 30/06/2018 1,530 1,512 - 1,512 PJ-002414: GIZ/IITA - Climate smart coffee and cocoa: from theory to practice (CSCC) 01/01/2017 31/12/2019 1,250 1,363 - 1,363 PJ-002457: GIZ/IITA - Improving food security in Africa through increased system productivity of biomass-based value webs (BiomassWeb): Cassava web innovat 01/07/2016 30/06/2018 183 182 - 182 PJ-002490: GIZ/IITA - Minimizing aflatoxin risks and exposure: a comprehensive analysis of COMACO peanut and peanut products 01/07/2017 30/09/2019 236 250 - 250 PJ-002591: GIZ/IITA - Citizen Science and ICT for advancing the prevention and control of Banana Xanthomonas Wilt (BXW) in East and Central Africa. 01/01/2018 30/06/2021 1,415 1,296 (11) 1,285 PJ-002639: GIZ/IITA - Introducing natural enemies against the fall armyworm, a new alien invasive pest threatening maize production in Sub Saharan Africa ( 01/01/2018 31/12/2019 123 118 1 119 PJ-002723: GIZ/IITA - Market behavior and sales channels in coffee smallholder communities: understanding the role of side selling and intermediaries in th 01/12/2017 15/03/2020 111 117 - 117 PJ-002788: GIZ/IITA - Piloting and Upscaling Biorational and Biological Control Strategies for sustainable Fall Armyworm Management in Africa 01/06/2019 30/09/2023 1,353 389 320 709 PJ-003095: GIZ/IITA - Employment and Skills for Development in Africa (Developing strategies to reduce the Living Income Gap – Scaling up the Climate-Smart 01/02/2021 31/07/2023 322 89 104 193 PJ-003105: GIZ/IITA - Development of a basket of options for CSA measures in selected districts of Northern Uganda 15/10/2019 31/03/2020 76 55 - 55 PJ-003247: GIZ/IITA - Multiplatform delivery of co-developed tools for national control and prevention of Banana Xanthomonas Wilt (BXW) in Rwanda: Scaling 01/01/2021 31/12/2023 1,449 337 570 907 18,322 12,994 1,094 14,088 81 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 82 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 GRAD PJ-001965: GRAD/IITA - Enhancing competences and skills of innovation platforms actors in facilitation of functional IPs in value chains, food systems and t 30/06/2014 31/03/2016 275 268 - 268 275 268 - 268 GU PJ-002688: GU/IITA - Maize-based systems of Nigeria: An undervalued landscape for national food security 25/08/2017 31/12/2018 10 3 - 3 10 3 - 3 HRNS PJ-002071: HRNS/IITA - Climate Change Adaptation in Coffee Production in Uganda 01/07/2014 30/06/2015 12 11 - 11 12 11 - 11 HRNS CIAT PJ-002463: HRNS, CIAT, SFL/AIN/IITA - Identifying Opportunities for Action on Private Sector Engagement (Alliance for Resilent Coffee) 01/10/2016 30/09/2020 166 443 1 444 166 443 1 444 IAR PJ-002687: IAR/IITA - Genetic Improvement of Cowpea for Low Phosphorus Tolerance and High Yields 01/08/2017 31/08/2020 50 53 - 53 50 53 - 53 ICART PJ-002181: ICART/IITA - Strengthening livelihood strategies of vulnerable women in South Kivu, DR Congo 01/10/2016 31/03/2019 88 88 - 88 88 88 - 88 ICIPE PJ-002438: ICIPE/IITA - Establishing the status of potato cyst nematode (PCN) and other emerging potato diseases for a national intervention strategy in Keny 24/10/2016 31/03/2017 32 31 - 31 32 31 - 31 ICRAF PJ-001859: World Agroforestry/IITA - Bio - char Africa - A network for research collaboration and knowledge dissemination 01/12/2013 31/12/2013 10 - - - PJ-001924: World Agroforestry/IITA - SECURED LANDSCAPES: Sustaining Ecosystem and Carbon Benefits by Unlocking Reversal of Emissions Drivers in LANDSCAPES 2013-2015 01/08/2013 31/12/2015 214 227 - 227 PJ-NA2471: World Agroforestry/IITA - Characterization of Aflatoxin Producing Fungi with Implication for Aflatoxin Management in Africa (under the AWARD project) 13/07/2016 30/11/2016 10 - - - 234 227 - 227 ICRISAT PJ-001545: ICRISAT/IITA - CGIAR Research Program on Grain Legumes and Dryland Cereals (CRP-GLDC) 01/07/2012 31/12/2021 5,985 23 3 26 5,985 23 3 26 IDSNA PJ-003054: IDSNA/IITA - Root Analytical Data Acquired by Radar 01/01/2020 31/12/2022 399 274 368 642 399 274 368 642 IER-MALI PJ-002977: IER-MALI/IITA - Aflatoxin Mitigation with Emphasis on Biological Control in Mali 01/01/2019 31/12/2023 700 (4) - (4) PJ-003483: IER-MALI/IITA - Scaling aflatoxin management centered on biocontrol in Mali 01/05/2021 31/05/2024 573 89 193 282 1,273 85 193 278 82 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 83 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 IFAD PJ-002198: Advancing Productive Engagement in Agribusiness through the IITA Youth Agripreneur Approach to scale for rural youth in Nigeria, Kenya, and DR Congo (YADI 2) 22/09/2015 30/03/2018 500 490 - 490 PJ-002459: Enhancing Capacity to Apply Research Evidence (CARE) in Policy for Youth Engagement in Agribusiness and Rural Economic Activities in Africa 06/04/2017 30/06/2021 2,025 2,000 6 2,006 PJ-002556: Aquaculture Assessments and Value Chain Pilot Project to Improve Fish Supply, Employment and Nutrition in Angola and the Democratic Republic of the Congo (AQUACULTURE VALUE CHAIN DEVELOPEMENT IN D.R. Congo and Northern Angola) 03/04/2017 31/12/2020 2,400 2,448 0 2,448 PJ-003115: Creating Employment Opportunities for Rural Youth in Africa: Support to Integrated Agribusiness Hubs in Nigeria 15/06/2020 31/12/2024 2,539 710 566 1,276 PJ-003411: Supporting the recovery of priority food crop value chains from the effects of COVID 19 to strengthen community resilience, markets, and trade development in Tanzania 06/12/2021 06/12/2023 489 - 214 214 PJ-003188: AFD/IITA - Development and promotion of aflatoxin biological control in the groundnut, sorghum, sesame, and cottonseed value chains to improve p 15/10/2020 30/09/2025 3,235 575 364 939 11,188 6,223 1,151 7,374 IFDC PJ-002971: Conducting a Cost-Benefit Analysis (CBA) for Supporting Irrigation Infrastructure Development in the Potato Farming System of Kween and Kapchorwa districts 08/01/2019 31/05/2021 27 27 - 27 PJ-002943: IFDC/IITA - Survey and Management of potato pests in Uganda 07/11/2018 31/12/2019 100 87 - 87 127 114 - 114 IFPRI PJ-001289: IFPRI/IITA - CGIAR Research Program on Policies, Institutions, and Markets (PIM): (CGIAR Research Program on Policies, Institutions, and Markets 01/01/2012 31/12/2021 3,353 9 - 9 PJ-002567: Regional Strategic Analysis and Knowledge Support System in West Africa (ReSAKSS-WA Phase III, 2017-2021) 01/01/2017 30/06/2020 1,622 1,713 - 1,713 PJ-003453: Institutionalizing monitoring of crop variety adoption using genotyping (IMAGE) 15/02/2021 30/01/2023 25 15 (1) 14 PJ-000154: Consolidation of the Regional Strategic Analysis and Knowledge Support System in West Africa (ReSAKSS-WA Phase II, 2011-2015) 01/10/2004 30/09/2020 6,293 3,579 33 3,612 PJ-002389: IFPRI/IITA - Mapping adoption of ISFM practices 30/05/2016 15/06/2017 36 34 - 34 11,329 5,350 32 5,382 IIAM PJ-002076: IIAM/IITA - Improving and Sustaining Maize and Cowpea Productivity among Smallholder Farmers through use of conservation agriculture technologies 01/10/2014 30/09/2016 89 6 - 6 89 6 - 6 ILRI PJ-001795: ILRI/IITA - CGIAR Research Program: Climate Change, Agriculture and Food Security (CCAFS) (ILRI/IITA) 01/05/2013 30/08/2014 55 30 - 30.00 PJ-003536: ILRI/IITA - Analysis of pesticide residues in vegetables (Tomatoes) from the farm to market gates in Ouagadougou, Burkina Faso. 01/08/2021 31/08/2022 20 23 (5) 18 75 53 (5) 48 Innovate UK PJ-003160: Innovate UK/IITA - Development and assessment of nematode resistant potato cultivars for East Africa (Kenya) 01/11/2019 31/10/2021 62 51 11 62 62 51 11 62 IRAD PJ-002728: IRAD/IITA - Asergillus flavus strain characterization to develop and Aflasafe product for Cameroon. 15/11/2017 25/02/2018 10 10 - 10 10 10 - 10 IRD PJ-002511: IRD/IITA - Beyond climate, SOil CArbon sequestration to sustain family farming in the Tropics (SoCa) 01/01/2018 31/03/2023 60 66 - 66 60 66 - 66 83 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 84 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 IsDB PJ-002880: IsDB/IITA - Promotion of Climate Smart Agricultural Technologies for improved Rural Livelihoods and Food Security in Borno State, Nigeria 07/01/2019 06/01/2020 100 110 - 110 100 110 - 110 ISTRC PJ-000153: FAO, RF-KENYA, ISTRC-AB, RF/IITA - International Society for Tropical Root Crops - Africa Branch (ISTRC-AB) Projects 01/01/2000 31/12/2007 125 1 12 13 125 1 12 13 ISU PJ-002218: ISU/IITA - Genome-enabled Platforms for Yam 01/06/2016 31/03/2020 273 272 - 272 273 272 - 272 ITC PJ-002238: ITC/IITA - Improving the competitiveness of women entrepreneurs in the yam value chain in Ghana 25/08/2015 30/04/2016 100 66 - 66 100 66 - 66 IWMI PJ-001850: IWMI/IITA - Workshop to develop a workplan for long term trials for measuring the sustainability of Integrated Soil Fertility Management options 25/09/2013 31/12/2013 61 - 4 4 61 - 4 4 JAPAN PJ-001454: EMBASSY JAPAN, JAPAN/IITA - Increasing Productivity and Utilization of Food Yams in Africa 01/10/2011 31/03/2017 905 901 - 901 PJ-001486: MAFFS/IITA - Collaboration in the framework of the World Bank’s West Africa Agricultural Productivity Program (WAAPP - 1C Sierra Leone) 01/01/2012 30/06/2016 1,490 896 - 896 PJ-001793: JAPAN/IITA - Development of high-value-added cowpea varieties, speeding up in their dissemination with a seed production system, and inspection of 01/04/2013 31/03/2018 1,438 1,519 (1) 1,518 PJ-002437: JAPAN, MAFF, JAPAN/IITA - Increasing Productivity and Utilization of Food Yams in Africa (Phase II) 01/10/2016 30/09/2021 905 901 3 904 PJ-002774: MAFF, JAPAN/IITA - Development of simple assay techniques for nutritious cowpea varieties, and establishment of cowpea dense planting and high nutrient 01/06/2018 31/05/2021 622 548 - 548 5,360 4,765 2 4,767 JIRCAS PJ-002562: JIRCAS/IITA - Effective utilization of genetic diversity in regional crops through the use of generated evaluation tools and scientific information 01/11/2016 31/03/2021 58 97 - 97 PJ-003456: JIRCAS/IITA - Advanced utilization of genetic resources of yam and cowpea for food security and land sustainability under unfavorable environments 01/04/2021 31/03/2026 18 45 61 106 76 142 61 203 KNARDA PJ-001299: KNARDA/IITA - AGRA - Improving Productivity of smallholder Millet and Sorghum based production systems in the semi-arid region of northern Nigeria 01/05/2010 30/04/2013 432 464 - 464 432 464 - 464 KU LEUVEN PJ-002292: KU LEUVEN/IITA - Evaluation of drought tolerance in wild bananas from Malysia 01/12/2016 30/11/2018 16 10 - 10 16 10 - 10 LEEDS PJ-001690: LEEDS/IITA - Nematode drought interaction on rice 01/11/2012 28/02/2013 7 - - - 7 - - - 84 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 85 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 LEVENTIS FOUNDATION PJ-002667: Ornithological Monitoring Centre in Southwestern Nigeria 01/01/2018 31/12/2020 180 211 - 211 PJ-003263: Involving local communities to protect fragile, remnant forest ecosystems in the Ouémé flood plain in southern Benin 01/08/2021 31/12/2023 114 19 25 44 PJ-001186: Enhanced use of IITA forest resources at the IITA Ibadan Campus for conservation, research, and education 01/01/2010 31/12/2014 465 424 - 424 PJ-002091: a) Schools Forest and Tree Heritage Park in a small area of protected rainforest in southwest Nigeria. b) Ornithological Monitoring Project in IITA-Ibadan Campus. 01/01/2015 31/12/2017 156 160 - 160 PJ-000108: LEVENTIS FOUNDATION/IITA - Monitoring and Evaluation of LFN Agricultural Training Initiatives 01/04/2004 31/03/2008 300 - - - 1,215 814 25 839 LSTM PJ-002662: LSTM/IITA - Do agricultural insecticides utilisation in West and Central Africa select for insecticide resistance in the major malaria vector An. 01/05/2019 30/04/2024 469 - 92 92 469 - 92 92 LUND PJ-001990: LUND/IITA - Chemical ecology of Bemisia tabaci 07/05/2015 31/12/2020 146 193 - 193 146 193 - 193 MAFF, JAPAN PJ-003494: MAFF, JAPAN/IITA - Development of nutritional enhancement genetic materials for cowpea and yam crops, improved nutritional status in West Africa and dev 01/06/2021 31/05/2023 259 49 324 373 259 49 324 373 MAFSC, Tanzania PJ-001754: MAFSC, Tanzania/IITA - Community Action in Cassava Brown Streak Disease Control through Clean seed in Tanzania 01/03/2013 31/12/2016 243 317 - 317 PJ-002134: MAFSC, Tanzania/IITA - Fast-tracking the Access to Improved and Popular Varieties of Root Crops by Small Holder Farmers: A case of Sweetpotato and Cassava 01/01/2015 31/12/2018 1,309 1,315 - 1,315 1,552 1,632 - 1,632 MAL, Zambia PJ-001704: MAL, Zambia/IITA - Making cassava a transformation vehicle to improve food security and livelihoods in Zambia 10/08/2015 11/08/2017 311 410 - 410 311 410 - 410 MEAPE PJ-002956: MEAPE/IITA - Productivite des Exploitations Agricoles Familiales et Resilence 05/12/2018 31/12/2021 514 376 1 377 514 376 1 377 MECN-T PJ-001439: MECN-T/IITA - Capacity building of the Agriculture Sector in Democratic Republic of Congo (DRC) for planning and response to additional treats of t 23/04/2011 14/02/2013 72 41 - 41 72 41 - 41 MEDA PJ-002994: Seed Tracker™ Application for BEST CASSAVA 15/04/2022 04/11/2022 26 - 1 1 PJ-003349: MEDA/IITA - Cassava Yield Study 15/07/2020 30/12/2021 36 34 3 37 62 34 4 38 MEDA Tanzania PJ-002531: MEDA Tanzania/IITA - Building an Economically Sustainable Seed System in Tanzania for Cassava (BEST Cassava) 01/01/2017 31/12/2021 3,056 3,042 14 3,056 3,056 3,042 14 3,056 MERIDIAN PJ-001476: MERIDIAN/IITA - Partnership for Aflatoxin Control in Africa (PACA) – Expansion of Biological Control 01/12/2011 30/06/2016 3,281 3,291 1 3,292 3,281 3,291 1 3,292 85 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 86 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 MFA PJ-002862: MFA/IITA - Climate Smart Agricultural Technologies for improved Rural Livelihoods and Food Security in Niger 03/12/2018 02/12/2023 9,396 6,192 1,601 7,793 PJ-002863: MFA/IITA - Climate Smart Agricultural Technologies for improved Rural Livelihoods and Food Security in Mali 03/12/2018 02/12/2023 10,570 6,052 1,665 7,717 19,966 12,244 3,266 15,510 MINADER PJ-001142: MINADER/IITA - To support the "Programme de Relance de La Filière Plantain" (PRFP) in the Ministry of Agriculture and Rural Development (MINADER), C 07/06/2011 31/03/2015 105 130 - 130 PJ-001922: MINADER, PIDMA/IITA - Agricultural Investment and Market Development Project (AIMDP)- IITA 04/03/2014 30/04/2020 1,654 2,071 - 2,071 PJ-002252: ENABLE Youth Cameroun - Agricultural value chain development project (PD-CVA/ACV-DP) 17/05/2018 31/01/2024 12,688 2,850 233 3,083 PJ-003199: Integrated management of grain legumes in Cameroon 01/04/2020 31/12/2020 112 124 - 124 PJ-002206: MINADER/IITA - IITA Support to MINADER in the Implementation of its Strategy of Diffusion of Tissue Culture Plantain in Cameroon 01/01/2015 31/12/2016 500 494 - 494 15,059 5,669 233 5,902 MOA, Liberia PJ-001485: MOA, Liberia/IITA - Improving Rural Livelihoods through Integrated Production and Commercialization of Rice and Cassava (WAAPP Liberia) 12/09/2013 11/09/2015 751 282 - 282 PJ-001491: MOA, Liberia/IITA - Liberia: Smallholder Agricultural Productivity Enhancement and Commercialization (SAPEC) Project. 03/08/2015 31/12/2019 2,472 2,238 - 2,238 3,223 2,520 - 2,520 MONSANTO PJ-002367: MONSANTO/IITA - Mapping of corn/ maize pests across Nigeria 14/04/2016 28/02/2017 50 64 - 64 50 64 - 64 MSU PJ-001829: MSU/IITA - Development and Delivery of Sustainable Integrated Pest Management Strategies in Cowpea for West Africa 01/08/2014 31/05/2017 505 507 1 508 PJ-001849: MSU/IITA - Ghana Variety Adoption Study involving CRI, AI Consult and IITA for 500 households 01/10/2013 31/10/2014 30 - - - PJ-002503: Agrifood Youth Opportunity Lab - (Ag Youth Lab) 01/04/2017 21/03/2018 280 257 - 257 PJ-002842: MSU/IITA - Sustainable insect pest management for cowpea in West Africa 01/01/2019 30/06/2020 70 69 - 69 PJ-003052: MSU/IITA - Science-driven and farmer-oriented insect pest management for cowpea agro-ecosystems in West Africa 15/11/2019 15/06/2023 722 322 197 519 1,607 1,155 198 1,353 NARO PJ-001563: NARO/IITA - Developing Transgenic Banana with Resistance against Xanthomonas wilt (BXW) 01/09/2011 30/08/2015 302 343 - 343 PJ-002266: NARO/IITA - Improving scalable banana agronomy for small scale farmers in highland banana cropping systems in East Africa 31/08/2016 31/12/2021 2,090 2,289 116 2,405 2,392 2,632 116 2,748 NCSU PJ-002294: NCSU/IITA - Field trials assessment: Field Deployable Nutrient-Rich Biodegradable Matrix for Crop Protection 23/10/2015 31/08/2022 473 466 8 474 473 466 8 474 NESTLE PJ-001322: NESTLE-SWITZERLAND/IITA - Research Project on Aflatoxin Control in Maize Through Aflatoxin Resistant Maize Variety Breeding And Other Aflatoxin Management Meth 21/04/2011 31/03/2017 200 199 - 199 PJ-001323: NESTLE-SWITZERLAND/IITA - Development of Biofortified Cassava Varieties 21/04/2011 31/12/2014 200 210 - 210 PJ-003774: NESTLE-SWITZERLAND/IITA - Protein content determination in the IITA soybean varieties 01/09/2022 31/12/2023 6 - (2) (2) 406 409 (2) 407 86 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 87 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 Nestle Nigeria PJ-001450: Nestle Nigeria/IITA - Increasing cassava starch in Nigeria through the multiplication and distribution of IITA-improved varieties 01/04/2011 30/06/2014 524 610 - 610 524 610 - 610 NETHERLANDS PJ-001680: EKN/IITA - Policy action for sustainable intensification of Ugandan cropping systems (PASIC) RSBO117385 01/10/2013 30/06/2018 4,999 5,085 - 5,085 4,999 5,085 - 5,085 NIGERIA PJ-002953: NIGERIA/IITA - Home Grown School Feeding (HGSF) Supply Chain and Linkages to Small and Medium Scale Enterprises in Selected States-Expert Technical 13/11/2018 15/12/2020 46 3 - 3 46 3 - 3 NORAD PJ-002583: NORAD/IITA - Sustainable Production of Cocoa in West Africa (COCOASOILS) 01/11/2017 30/11/2022 11,656 9,172 1,983 11,155 PJ-003517: Chicken and Fish Feed and Organic Fertilizer Value Chain Development Using BSF-Based Urban Biowaste Processing in Ghana, Mali, Niger, and the Democratic Republic of Congo (DRC) 01/10/2021 31/10/2024 9,712 42 1,137 1,179 PJ-003180: NORAD/IITA - Gliricidia Impacts on Soil fertility, Crop yields and Nutrition in Zambia 01/11/2019 31/10/2022 69 72 42 114 21,437 9,286 3,162 12,448 NRC PJ-003372: CONVENTION DE COLLABORATION 30/08/2020 30/04/2021 15 13 2 15 PJ-002424: NRC/IITA - Food Security and Livelihoods Project in Fizi Territory 01/02/2016 31/12/2016 36 36 - 36 51 49 2 51 NRI PJ-001603: NRI/IITA - Development of low cost on-farm diagnostic toolkits for yam virus diseases 04/01/2013 31/07/2016 261 252 - 252 PJ-001813: NRI/IITA - Training Celestine Omohimi: PhD Student for Mycotoxin Analysis using the traditional method and development of the Neogen assay as pa 01/06/2013 31/08/2015 20 22 - 22 PJ-002480: NRI/IITA - Evaluation of Human Decoy Trap in Benin and Cameroon 01/02/2017 31/05/2019 278 398 - 398 PJ-003159: NRI/IITA - Test a novel trap design against standard surveillance techniques: Experiments to compare trapping efficacy of novel human decoy trap 01/12/2019 01/12/2020 15 16 - 16 574 688 - 688 NUIG PJ-003051: NUIG/IITA - Legume-based agroecological intensification of maize and cassava cropping systems in Sub-Saharan Africa for water-food-energy nexus s 17/10/2021 16/10/2026 1,184 - 197 197 1,184 - 197 197 NWO-WOTRO PJ-002172: NWO-WOTRO/IITA - Matching grain quality attributes to the requirements of soybean processors in Benin (File W 08.270.2015.214) 01/10/2015 31/03/2019 39 6 - 6 PJ-002393: NWO-WOTRO/IITA - Cocoa crop improvement, farms, and markets: a science-based approach to sustainably improving farmer food security in Ghana and Ivory 31/03/2017 30/06/2021 29 57 - 57 PJ-002796: NWO-WOTRO/IITA - Enabling agribusiness development for scaling quality cassava seed systems for control of major viral diseases in Rwanda and Burundi 01/04/2019 31/03/2022 1,117 924 130 1,054 1,185 987 130 1,117 87 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 88 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 OSU PJ-001147: OSU/IITA - The International Plant Diagnostic Network: Gateway to IPM Implementation and Enhanced Trade 01/10/2009 30/09/2014 89 92 - 92 PJ-002301: OSU/IITA - Vegetable Crops IPM for East Africa 01/01/2015 19/10/2018 30 29 - 29 119 121 - 121 Oxfam Uganda PJ-001607: Oxfam Uganda/IITA - Research on Climate Change and adaptation strategies of smallholder Arabica coffee farmers in Uganda 01/06/2012 30/08/2012 17 - - - 17 - - - PARRSA PJ-001975: PARRSA/IITA - PARRSA/IITA Training on Cassava Processing Techniques 03/03/2014 02/07/2014 70 - - - 70 - - - PDAR PJ-002037: PDAR/IITA - Cassava BBTD in Gabon 01/10/2014 31/01/2016 109 78 - 78 109 78 - 78 PhotosynQ PJ-002789: PhotosynQ/IITA - GWAS using cowpea minicore for photosynthetic traits under heat stress conditions 15/03/2018 31/05/2018 20 11 - 11 20 11 - 11 PIRAM PJ-002532: PIRAM/IITA - Supply of new cassava cultivars, Multiplication fields management and Processing of cassava-based products 01/12/2016 30/11/2018 132 137 - 137 132 137 - 137 PNDHD PJ-001817: PNDHD/IITA - Component of regeneration genetic material base of Banana and Cassava Comoros. 31/07/2013 30/06/2014 33 18 - 18 33 18 - 18 PNDP PJ-002440: PNDP/IITA - Conducting within the REDD+ context, a feasibility study and elaborating a Project Design Document (PDD) for Reducing Forest degradat 01/09/2016 31/12/2016 103 113 - 113 103 113 - 113 PRDAIGL PJ-002430: PRDAIGL/IITA - Projet Regional de Developpement Agricole Integre dans les Grands-Lacs 01/07/2020 30/11/2022 3,185 1,640 1,370 3,010 3,185 1,640 1,370 3,010 PRODADEKK PJ-002489: PRODADEKK, PRODAT, PRODAKOR/IITA - Développement du système semencier 15/09/2016 15/09/2018 240 210 - 210 240 210 - 210 PSMNR SWR PJ-001546: PSMNR SWR/IITA - Improved cassava production, research on soil fertility and commercialisation for PSMNR target villages (2014-2016) (Contract no: DEV 01/03/2012 31/08/2017 412 - 2 2 PJ-001978: PSMNR SWR/IITA - Plantain Production and Capacity Building for PSMNR Target Villages around Mount Cameroon National Park 01/06/2014 31/08/2017 511 456 - 456 923 456 2 458 PSSUB PJ-002381: PSSUB/IITA - BREAD ABRDC: Advanced Technologies to get Improved Yams in Farmers Hands 01/06/2016 31/05/2019 78 76 2 78 78 76 2 78 88 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 89 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 PURDUE PJ-001447: PURDUE/IITA - Technical Support to the Nigeria Capacity Building Program on Stored Commodities (Purdue Nigeria Grain Storage Cap. Build) 01/04/2011 30/09/2019 375 27 - 27 375 27 - 27 QUB PJ-002142: QUB/IITA - Neuropeptides as Transgenic Nematicides 02/11/2016 01/05/2019 525 603 - 603 525 603 - 603 QUT PJ-001808: QUT/IITA - Virus Resistant Bananas for Africa 17/02/2015 30/04/2019 1,514 1,521 - 1,521 1,514 1,521 - 1,521 RAB PJ-003248: RAB/IITA - Rwanda Soil Information Service 15/11/2019 30/04/2023 924 822 175 997 924 822 175 997 RHUL PJ-003066: RHUL/IITA - Developing combined interventions to address the Double Burden of Malnutrition 14/02/2020 13/02/2023 329 142 41 183 329 142 41 183 Rothamsted PJ-002743: Rothamsted Research/IITA - GLTEN Africa: Cropping system diversity, a cornerstone of sustainable intensification. 01/07/2018 30/06/2021 515 499 (6) 493 515 499 (6) 493 Royal Society PJ-003229: Royal Society, JIC/IITA - Integrating Transient Induction of Early Flowering and Speed Breeding (SB) for Accelerated Cassava Cycling and Breeding 01/05/2020 31/10/2022 347 257 112 369 347 257 112 369 Rubbercam PJ-002785: Rubbercam/IITA - Production of local and hybrid plantains for interplanting in newly established rubber plantations 01/06/2018 31/05/2019 67 73 - 73 67 73 - 73 SDC PJ-003059: SDC/IITA - Biological Pest Control against the Fall Army Worm 01/05/2019 31/01/2020 30 29 - 29 30 29 - 29 SFL PJ-003363: Exploring Agroforestry Diversification Strategies to reduce the living income gap for Arabica Producers in Kasese District 01/11/2020 31/08/2021 20 22 (0) 22 PJ-002234: SFL/AIN, SABMA/IITA - Develop, test, and refine metrics for measuring the occurrence of food loss and the impact of food loss reduction investments in smal 13/07/2015 30/05/2016 125 109 - 109 145 131 (0) 131 SHA PJ-003388: SHA/IITA - An Alliance towards a Commercial Seed System (CSS) for Cassava in Kenya 03/01/2022 30/11/2022 34 - 68 68 34 - 68 68 SIDA PJ-001355: SIDA/IITA - Making Agricultural Innovations Work for Smallholder Farmers Affected by HIV/AIDS in Southern Africa. 01/12/2010 30/06/2014 6,554 - - - 6,554 - - - 89 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 90 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 SLU PJ-001725: SLU/IITA - Bio-char and smallholder farmers in Kenya 01/07/2013 31/12/2015 164 180 - 180 PJ-001893: SLU/IITA - Evolving gender relations in transforming cassava value chains and implications for intrahousehold nutrition and health. The case of 01/10/2014 24/04/2017 127 32 - 32 PJ-002214: SLU, KTH, LUND/IITA - Biochar in Kenya - quality, soil fertility and crop production 01/07/2016 31/01/2021 402 412 - 412 PJ-002600: Towards sustainable cocoa production in Western Africa: High throughput phenotyping and new ’omics tools to study cocoa diseases 01/02/2018 31/12/2021 289 246 59 305 PJ-002960: Clean tomato - Identification, Selection and Conservation of natural enemies with pest suppression capacity focusing on the invasive tomato leafminer Tuta absoluta 01/01/2019 31/12/2022 37 48 (10) 38 PJ-NA2678: Consultancy Agreement Nzola Mahungu 15/08/2017 31/12/2017 5 5 - 5 PJ-002962: Identifying, exploring, and preserving diversity of beneficial arthropods for sustainable tomato production 01/01/2019 31/12/2022 125 91 45 136 PJ-002446: SLU/IITA - Biofortification of cassava 16/01/2017 31/12/2022 223 228 25 253 PJ-003067: SLU/IITA - Reviving taro production in Western Africa: High throughput phenotyping and omics approaches to study taro diseases 09/06/2020 08/05/2023 182 39 43 82 PJ-003103: SLU/IITA - The potential of biochar for improved soil fertility and carbon sequestration in sub-Saharan small-holder agriculture 01/04/2019 31/12/2019 15 14 - 14 PJ-003264: SLU/IITA - Identification of epigenetic variations influencing viral resistance and yield in cassava (Manihot esculenta) farmers' fields 29/01/2021 31/12/2023 261 36 93 129 PJ-003653: SLU/IITA - Insect farming for feed production and organic waste management in Benin 01/01/2022 31/12/2024 247 - 51 51 2,077 1,331 306 1,637 SNV PJ-001839: SNV/IITA - Cocoa-Eco Program: Increased Cocoa Productivity for Improved Ecosystem Services 01/09/2013 31/12/2015 300 288 - 288 300 288 - 288 St Andrews PJ-003253: St Andrews/IITA - Assessment of suitability of new potato lines 15/03/2020 31/07/2020 12 14 - 14 12 14 - 14 STDF PJ-003539: STDF/IITA - Regional approach towards addressing invasive quarantine pests of potato in East and Southern Africa, with a focus on Potato Cyst Nem 01/06/2022 31/05/2023 50 - 35 35 PJ-003547: STDF/IITA - Evaluating phytosanitary capacity to improve the plant health system in Nigeria 01/07/2022 30/06/2023 412 310 25 335 462 310 60 370 SWISS PJ-002705: ETH/IITA - Integrated soil fertility management for climate smart intensification of maize-based cropping systems in Kenya 01/07/2017 31/05/2022 98 101 2 103 98 101 2 103 Syngenta PJ-001968: Syngenta/IITA - Evaluation and Screening of Syngenta Maize and Vegetable Hybrids for Adaptation in Nigeria 14/07/2014 31/12/2017 1,502 569 - 569 1,502 569 - 569 TBS PJ-002948: TBS/IITA - Black Sigatoka resistant banana varieties 01/07/2019 03/08/2021 401 197 - 197 401 197 - 197 TFGH PJ-002310: TFGH/IITA - Assessment of Lymphatic Filariasis (LF) Risk in two Urban Settings of Benin (Cotonou and Porto-Novo) 05/02/2016 30/04/2017 97 98 - 98 97 98 - 98 90 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 91 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 TIDES PJ-003098: TIDES/IITA - Seed Tracker app for access to seed markets 17/05/2019 31/07/2021 125 125 - 125 125 125 - 125 TSL PJ-002664: TSL/IITA - To develop and test transgenic banana with EFR gene for resistance to bacterial wilt disease 15/07/2017 14/07/2020 10 9 - 9 10 9 - 9 TUA PJ-001313: TUA/IITA - Comparative assessment of seed yam propagation techniques 01/02/2011 31/03/2013 108 164 - 164 PJ-001366: TUA/IITA - Collaborative Studies on Root and Tuber Crops II 01/09/2010 31/03/2016 60 62 - 62 168 226 - 226 UC RIVERSIDE PJ-001740: UC RIVERSIDE/IITA - Feed the Future Innovation Lab for Climate Resilient Cowpea 12/09/2013 11/09/2019 365 365 - 365 365 365 - 365 UC-BERKELY PJ-002225: UC-BERKELY/IITA - BREAD ABRDC: Development of Genomic Resources in Water Yam (Dioscorea alata L.) for Accelerated Breeding and Improvement 15/05/2016 30/04/2021 313 321 - 321 313 321 - 321 UC-DAVIS PJ-001351: UC-DAVIS/IITA - BREAD: Fast breeding for slow crops: doubled haploids in cassava and banana/plantain 27/08/2011 30/06/2015 315 359 - 359 315 359 - 359 UG_LEGON PJ-002194: UG_LEGON/IITA - Climate smart cocoa systems for Ghana (CLIMCOCOA) 01/06/2016 30/11/2021 60 65 (1) 64 60 65 (1) 64 Ugent PJ-003383: UGent/IITA - Nematology Education in Sub-Sahara Africa 08/06/2021 31/12/2023 28 - 8 8 28 - 8 8 UI PJ-001870: UI/IITA - Sustainable Cowpea production for rural smallholder farmers in Nigeria through Integrated Pest Management approach (PEARL) 01/06/2015 31/12/2018 115 116 - 116 115 116 - 116 UILLINOIS PJ-001715: UILLINOIS/IITA - USAID Soybean Innovation Laboratory - Human Nutrition Sub award 04/11/2013 31/10/2022 1,120 1,097 77 1,174 PJ-001787: UILLINOIS/IITA - Biological Foundations of Management of Field Insect Pests of Cowpea in West Africa 01/10/2013 29/09/2017 406 515 (1) 514 PJ-002777: UILLINOIS/IITA - The Pan-African Soybean Variety Trial Program in Malawi (PASVTP) 20/12/2017 15/04/2022 243 232 42 274 1,769 1,844 118 1,962 UKRI PJ-003375: Cambridge/IITA - Peas'n Chips Entrepreneurs: Rehabilitating African Yam Bean for Food Resilience and Soil Health in Nigeria 01/08/2020 31/07/2021 27 25 3 28 27 25 3 28 UMB PJ-001766: NMBU/IITA - Controlling diseases in sweet potato and enset in South Sudan and Ethiopia to improve productivity and livelihoods under changing cli 01/11/2013 31/12/2020 523 336 - 336 523 336 - 336 91 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 92 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 UMN PJ-001939: UMN/IITA - Development of Herbicide Tolerant Cassava for Nigerian Smallholder Farmers (Subaward N003988802) 13/11/2013 31/10/2015 30 31 - 31 30 31 - 31 UNICEF PJ-003219: UNICEF/IITA - National Food Consumption and Micronutrient Survey 09/07/2020 31/07/2023 7,142 6,253 1,848 8,101 7,142 6,253 1,848 8,101 UNIGLASGOW PJ-003509: UniGlasgow/IITA - Investigating Microsporidia MB diversity and prevalence in An. gambiae sl. and An. funestus sl. populations in wet agricultural area 01/11/2021 31/10/2022 54 2 46 48 54 2 46 48 Univ of Warwick PJ-002879: Warwick/IITA - Potential of entomopathogenic fungi as biopesticides of cassava whitefly 04/01/2019 31/03/2020 8 10 1 11 8 10 1 11 UNIV.WEST OF ENGLAND PJ-003391: UWE Bristol/IITA - Investigating UAV-based Imaging For Monitoring Cassava And Yam Growth 15/07/2020 30/06/2023 10 2 - 2 10 2 - 2 UNIVERSITE OF LAUSANNE PJ-002341: UNIL/IITA - A microbial revolution: Improving mycorrhizal fungi to increase cassava productivity in Africa 01/04/2016 31/03/2020 704 672 - 672 704 672 - 672 UoE PJ-002735: UoE/IITA - Science-driven Evaluation of LEgume Choice for Transformed Livelihoods (LegumeSELECT) 01/07/2018 30/04/2022 898 428 4 432 898 428 4 432 UoL PJ-002551: UoL/IITA - Evaluating the safety and nutritional quality of a novel insect-based food product in Benin 01/05/2017 01/05/2019 20 35 - 35 20 35 - 35 UQ PJ-002182: UQ/IITA - BBTV Mitigation: Community Management in Nigeria, and Screening Wild Banana Progenitors for Resistance 01/04/2016 31/12/2021 555 562 15 577 555 562 15 577 USAID PJ-001405: USAID-EGAT/IITA - Identification of EST-SSR and SNP markers for linkage mapping in Dioscorea alata L. (Yam) 15/02/2011 28/02/2014 100 3,051 - 3,051 PJ-001736: USAID-MOZAMBIQUE, USAID/IITA - Aflatoxin mitigation using biocontrol and other management practices in the maize and groundnut value chain to improve public health, 11/02/2013 31/12/2018 2,476 1,358 - 1,358 PJ-002841: Feed the Future Nigeria Integrated Agriculture Activity 19/07/2019 31/12/2024 13,316 7,152 2,429 9,581 PJ-001789: USAID - TAPP /IITA - Development of sustainable healthy seedling systems for banana and plantain in Zanzibar using simple techniques 04/09/2013 31/12/2014 54 53 - 53 15,946 11,614 2,429 14,043 92 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 93 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 USDA PJ-001618: USDA/IITA - Aflatoxin Bio-Control Mitigation in Africa 23/04/2012 31/12/2021 3,772 3,910 - 3,910 PJ-001688: USDA-ARS/IITA - Aflatoxin Genetic Resistance in Maize 30/09/2012 30/09/2018 245 294 - 294 PJ-002119: USDA-ARS/IITA - Genomics-guided RNAi solutions for whitefly management in cassava and world food crops 01/02/2015 31/01/2020 876 876 - 876 PJ-002408: USDA/IITA - Strengthening Capacity to Implement Priority Actions for Achieving Resilient Food Security in Tanzania 09/05/2017 10/09/2021 2,326 2,342 - 2,342 PJ-002929: USDA/IITA - Development, promotion, and commercialization of biological control in the groundnut and maize value chains to improve public health, 01/01/2018 31/12/2020 1,052 1,053 - 1,053 PJ-003733: USDA/IITA - Building Capacity for Resilient Food Security Program in Tanzania 02/09/2022 05/08/2023 850 - 214 214 9,121 8,475 214 8,689 UVAMSTERDAM, NWO-WOTRO PJ-001044: UVAMSTERDAM, NWO-WOTRO/IITA - Classical Biological control of the invasive coconut mite in Africa and Asia 09/04/2008 30/04/2013 29 57 - 57 29 57 - 57 UWE Bristol PJ-003137: UWE Bristol/IITA - Rapid and inexpensive diagnostic tools for detection and surveillance of viruses in insect vectors and hosts in Africa 02/09/2019 30/06/2020 24 27 9 36 24 27 9 36 Venture37 PJ-003064: Venture37/IITA - Management of Fall Armyworm in Maize for Smallholder Farmers in the Democratic Republic of the Congo (DRC) 01/02/2020 30/04/2023 1,000 780 543 1,323 1,000 780 543 1,323 VIB PJ-003490: VIB/IITA - Managing the invasive pest Potato Cyst Nematode in East Africa with farmer preferred resistant varieties 12/07/2021 28/02/2023 26 5 15 20 26 5 15 20 WACCI PJ-001270: UG_LEGON, WACCI/IITA - WACCI PhD Plant Breeders Training 04/01/2010 31/12/2025 97 - 32 32 97 - 32 32 WAGENINGEN PJ-001947: WAGENINGEN, WVI, ZOA Uganda/IITA - Putting Nitrogen Fixation to Work for Smallholder Farmers in Africa (N2Africa) Phase II (BMGF Grant No. OPP1020032) 01/01/2014 30/06/2019 22,657 22,507 - 22,507 PJ-002646: The Missing Middle: Food system transformation pathways to link action at multiple levels to SDGs 2, 12, 13 and 15 in Tanzania and Vietnam 12/02/2018 31/12/2022 6 (2) 2 0 PJ-003058: Co-learning using NUANCES-FARMSIM in western Kenya 01/04/2019 30/09/2019 11 10 - 10 PJ-002235: WAGENINGEN/IITA - Sustaining food supplies and improving health: Integration of small farmers into modern value chains with food safety standards in Ke 01/09/2016 31/08/2020 198 206 (2) 204 PJ-002618: WAGENINGEN/IITA - Scaling of biocontrol of aflatoxin in Maize: lessons and pathways for improved food and nutrition security in Africa 15/08/2017 15/08/2019 72 81 - 81 PJ-002813: WENR/IITA - Food Prices CrowdSourcing In Africa (FPCA) 02/07/2018 30/07/2019 159 175 4 179 23,103 22,977 4 22,981 WASCO PJ-001390: WASCO/IITA - Provision of comprehensive information on the procurement of cassava starch for amino acid production 13/12/2010 31/03/2015 2,517 2,324 - 2,324 2,517 2,324 - 2,324 93 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 94 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 WCF PJ-001065: WCF/IITA - West Africa Cocoa Livelihoods Program: Site Selection Process and Criteria 09/03/2009 09/08/2009 100 - - - 100 - - - WORLD BANK PJ-002598: WORLD BANK/IITA - Projet d' Appui a la Competitivite du Secteur Cafe au Burundi (Project to support the Competitiveness of the Cafe Sector in Burundi) 01/01/2018 31/12/2023 1,328 1,247 (29) 1,218 1,328 1,247 (29) 1,218 WTO PJ-002675: WTO/IITA - Strengthening phytosanitary capacity in Nigeria for facilitating market access: Developing and integrating digital system for pest su 01/03/2018 20/11/2019 45 27 - 27 45 27 - 27 WUU PJ-001784: WUU/IITA - Gender study for ISSD programme in Uganda: research approach 06/05/2013 06/06/2013 8 17 - 17 8 17 - 17 WWF PJ-003471: WWF Deutschland/IITA - INtact and effectively managed FORests and BIOdiversity as natural barriers to mitigate climate change and risk of pathogen spillover 01/09/2022 31/05/2023 75 - 13 13 75 - 13 13 ZOA Uganda PJ-001830: ZOA Uganda/IITA - Research component AS4U Project 01/08/2013 30/11/2016 67 81 - 81 67 81 - 81 CIAT PJ-003357: CIAT/IITA - Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA-Ghana) 01/01/2021 31/12/2023 1,552 527 1,788 2,315 PJ-001092: Biofortification of Tropical Maize to Combat Micronutrient Malnutrition 01/01/2009 31/03/2022 5,628 5,724 15 5,739 PJ-001120: Mitigating hidden hunger with cassava as source of pro-vitamin A carotenoids 01/01/2009 31/03/2022 7,846 7,113 (202) 6,911 PJ-001264: Double Haploid Breeding for Cassava Enhancement, Phase II 15/03/2010 30/09/2017 302 294 - 294 PJ-001928: Identification of pVAC rich plantain varieties, plantain hybrids and orange fleshed diploids for early deployment and targeted breeding for more nutritious plantains 01/01/2014 31/12/2019 410 428 - 428 PJ-002291: Feed the Future Learning Community for Supply Chain Resilience 01/01/2016 30/09/2019 511 491 - 491 16,249 14,577 1,600 16,177 AgBiTech PJ-NA2876: Evaluation trials of AgBiTech’s biocontrol agent: Fawligen 20/06/2018 19/10/2018 8 9 - 9 8 9 - 9 MARS PJ-NA3133: Cocoa Breeders and Virologist Workshop 01/08/2019 31/10/2019 30 30 0 30 30 30 0 30 94 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 95 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 Mastercard PJ-003262: An innovative approach to agribusiness training and start-up for Nigerias young people within the Young Africa Works Program 27/05/2020 31/05/2025 12,414 2,462 1,945 4,407 12,414 2,462 1,945 4,407 MEAE PJ-003367: Support Women Entrepreneurship in the Agrifood sector in Nigeria (SWEAN) 01/09/2020 31/07/2022 386 150 89 239 386 150 89 239 PAK PJ-003395: Creation of agropastoral centers of excellence using the IITA BIP model 25/02/2022 24/02/2027 353 - 68 68 353 - 68 68 PDAC PJ-003648: Assistance technique de l’IITA au Projet d’Appui au Développement de l’Agriculture Commerciale (PDAC) 01/02/2022 30/06/2023 1,262 - 257 257 1,262 - 257 257 SAE PJ-NA3107: Collaboration between Group of Sustainable Agroecosystems at the Swiss Federal Institute of Technology and IITA 01/07/2019 30/06/2023 70 17 14 31 70 17 14 31 The Alliance PJ-003535: 1000Farms Trials Platform 01/11/2021 30/11/2025 500 - 156 156 500 - 156 156 UCLA PJ-003612: Positioning Shade-Grown Cocoa to Improve Conservation and Rural Livelihoods 01/09/2021 28/02/2023 213 - 112 112 213 - 112 112 ABN PJ-003519: PIDACC support: TAAT technologies catalogue and Training of extensionists 07/07/2021 06/01/2022 200 - 207 207 200 - 207 207 ABUAD PJ-002906: Youth Employment in Agri-business and Sustainable Agriculture 19/02/2019 31/03/2022 400 384 21 405 400 384 21 405 AG. LEVENTIS PJ-003340: Enhancing bird and forest conservation at the interface of agriculture and urbanization in south-western Nigeria 01/01/2021 31/12/2023 240 74 79 153 240 74 79 153 AKADEMIYA PJ-003359: Enhancing Capabilities for Better Data and Analytics to Improve Policy Implementation and Outcomes in Africa 01/07/2020 30/09/2021 544 561 - 561 544 561 - 561 ANADARKO PJ-002663: Implementation and Operation of Resettlement Agricultural Livelihoods Programs 04/05/2018 31/05/2023 11,652 4,310 817 5,127 11,652 4,310 817 5,127 95 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 96 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 ANPEJ PJ-002546: DE DEVELOPPEMENT DE L’ENTREPRENARIAT DES JEUNES DANS L’AGRICULTURE ET L’AGROALIMENTAIRE AU SENEGAL (PDEJAS) [ENABLE Youth Senegal] 26/04/2017 31/12/2018 427 431 - 431 427 431 - 431 APDC PJ-003685: Creating Sustainable Youth MSMEs through Urban Farming 01/10/2022 31/12/2024 257 - 1 1 257 - 1 1 ATAC PJ-003520: Agenda de transformation de l'agriculture au Congo (ATAC) 01/01/2022 30/11/2023 1,636 111 827 938 1,636 111 827 938 AU PJ-002844: Enhancing nutritional quality of plantain food products through improved access to endophyte primed and high pro vitamin A plantain cultivars under integrated soil fertility management practices in Nigeria, Cameroon, and Gabon 22/12/2018 31/12/2022 982 854 127 981 982 854 127 981 BATN PJ-001997: Cassava Enterprise Value Chain Development Project at Otu Ogbooro and Igboho Communities, Itesiwaju, Shaki East and Orelope LGAs, Oyo State 01/09/2014 31/12/2016 275 236 - 236 275 236 - 236 BATNF PJ-003312: Development of Training Manuals to Support Smallholder Crop and Fish Farmers 01/11/2020 30/06/2021 22 13 4 17 22 13 4 17 BATNL PJ-003300: Cassava and Maize agribusiness for Ex-BATNL farmers in Oke Ogun, Oyo State 16/11/2020 15/10/2023 514 329 233 562 514 329 233 562 BGCI PJ-003572: Enriching the Tree Heritage Park with rare and threatened native trees 01/01/2022 31/12/2023 5 - 5 5 5 - 5 5 BIOVERSITY PJ-003452: Institutionalizing, tracking, and monitoring the dissemination of Aflasafe in Africa 15/03/2021 31/05/2022 50 14 32 46 50 14 32 46 BUHLER PJ-NA2869: Supply of inoculated maize grains for investigating the potential of non-invasive predictive screening of infected grains 06/06/2018 05/06/2023 2 1 - 1 2 1 - 1 CEH PJ-002627: INMS Project: EAST AFRICA Demonstration 01/10/2017 01/06/2022 320 315 34 349 320 315 34 349 CEI PJ-003049: CropCoat for Prevention of Insect and Disease Damage in African Cocao (Study CC19-INS-FLD-NIG-CC-01) 01/05/2019 30/06/2020 33 33 - 33 33 33 - 33 CHEVRON PJ-002034: Harnessing the energy of youths in the Niger-Delta to be productively engaged in Agribusiness 01/08/2015 31/10/2020 587 590 3 593 587 590 3 593 96 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 CIRAPIP PJ-001400: Developpement des chaines de valeur de biocarburant a base de Jatropha au Benin - Phase II [Development of Jatropha-based biofuel value chains in Benin (Phase II)] 01/12/2010 31/10/2019 1,255 1,280 (0) 1,280 1,255 1,280 (0) 1,280 CSIRO PJ-003647: Isolation of Cercospora canescens for genome sequencing 17/10/2022 17/11/2022 5 - 0 0 5 - 0 0 DGDC PJ-003607: Mchare mutation breeding for Foc race 1 resistance: field evaluation 01/01/2021 31/12/2024 23 - 13 13 23 - 13 13 DINU PJ-003104: Building Resilience to Enhance Food and Nutrition Security, Incomes and Health in Northern Uganda 01/01/2020 30/06/2023 5,575 2,116 1,093 3,209 5,575 2,116 1,093 3,209 DIOBASS PJ-002056: Youth Agri-preneurs: Prospects, Opportunities and Challenges for Youth Engagement in Agro-processing Business in DR Congo 01/07/2015 31/03/2016 24 25 - 25 24 25 - 25 DTAC PJ-003755: Mechanistic understanding of diversity and roles played by MCVM co-infecting viruses in establishment and spread of Maize Lethal Necrosis Disease (MLND) 04/10/2022 31/12/2022 9 - 14 14 9 - 14 14 Ecolibrium PJ-002999: Bio-efficacy evaluation of a bacteria based biopesticide on fall armyworm 15/02/2019 18/05/2021 12 14 - 14 12 14 - 14 EKN, Nigeria PJ-003702: Youth In Agribusiness: enabling scaling of innovative technologies for sustainable food solutions 01/12/2022 30/11/2025 4,072 - - - 4,072 - - - ENABEL PJ-003711: MARCHE DE SERVICE RELATIF A LA FORMATION ET ACCOMPAGNEMENT DE JEUNES DANS LES METIERS DE GESTION, DE MACHINISTE ET D’OPERATEURS DE MAINTENANCE DES EQUIPEMENTS DE TRANSFORMATION DE PRODUITS AGRICOLES 01/07/2022 31/12/2022 167 - 76 76 167 - 76 76 FARA PJ-003592: Small scale dryers for post-harvest management enterprises in Africa 15/10/2021 31/03/2022 55 - 26 26 55 - 26 26 FH PJ-002502: Tuendelee Pamoja II Project (TP II) 01/10/2016 31/03/2021 1,400 1,462 0 1,462 1,400 1,462 0 1,462 FOUNDATION/IITA PJ-003373: Transformative approaches to livelihood and conservation (TALC): Learning from Indigenous women and youth 20/11/2020 31/12/2023 393 35 79 114 393 35 79 114 FPI PJ-003102: Projet Pilote de Tilapia en Cages/Sud-Kivu. 16/06/2019 31/12/2021 1,237 675 198 873 PJ-003384: Etude strategique pour le developpement de lagriculture commerciale dans la region du Kasai (FPI Kasai Strategic study for the development of commercial agriculture in the Kasai region) 09/09/2020 08/01/2021 938 893 1 894 2,175 1,568 199 1,767 97 97 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 GAIN PJ-003538: Reducing Post Harvest Loss (PHL) across Vitamin A Maize & Cassava Value Chains in the Federal States of Kaduna, Niger, Imo, and Oyo States (with focus on Vitamin A Maize) and Nasarawa, Cross River, Anambra, and Osun States 07/10/2021 20/12/2022 139 - 123 123 PJ-003675: Increasing Production and Consumption of Orange Fleshed Sweetpotato (rich in beta carotene) among Smallholder Farmers in 8 LGAs in Benue and Oyo States 01/09/2022 30/06/2025 95 - - - 234 - 123 123 Ghent University PJ-002832: Visual evaluation of soils with contrasting texture and under different soil management, Embu, Kenya” (VLIR-UOS Global Minds Programme) 01/01/2018 31/03/2020 29 30 - 30 29 30 - 30 GOPA PJ-003393: Drought Resilience Programme in Northern Kenya (DRPNK) 01/11/2020 31/12/2023 514 153 87 240 514 153 87 240 GOVT MADAGASCAR PJ-003090: Programme de Promotion de l’Entreprenariat des Jeunes dans l’Agriculture et l’Agroindustrie (PEJAA – PROJET 1) 12/06/2019 28/05/2022 801 597 203 800 801 597 203 800 Hello Tractor PJ-002372: Feed the Future Partnership for Innovation 01/06/2016 15/07/2018 103 96 - 96 103 96 - 96 HELVETAS PJ-002075: On-farm research to test the effectiveness and acceptance of different storage technologies for maize 22/09/2014 31/12/2015 76 63 - 63 76 63 - 63 IAEA PJ-003698: Sample collection and preparation of cassava leaves, and rainfall data collection in Democratic Republic of Congo (DRC) under CIALCA 08/06/2022 31/12/2022 18 20 20 18 - 20 20 IDH-OCP PJ-002674: Nigeria Cocoa Fertilizer Initiative 30/08/2017 31/10/2021 368 336 1 337 368 336 1 337 IDRC PJ-003071: Building the next generation of agribusiness leaders in Africa (STEP) 01/07/2019 30/06/2021 250 343 0 343 250 343 0 343 IDS PJ-002345: Agricultural Policy Research in Africa, APRA - Policy Study on Young people and agricultural commercialization (SCIPAAR) 15/05/2017 28/02/2019 39 50 - 50 PJ-003164: Challenges and Opportunities for Rural Youth Employment in Sub-Saharan Africa: A Mixed Methods Study to Inform Policy and Programmes 01/09/2019 31/03/2021 16 16 0 16 55 66 0 66 IPBO PJ-003578: Communication Support for IPBO Initiatives 26/10/2021 25/10/2022 35 - 33 33 35 - 33 33 IRG PJ-003155: Growth, Enterprise, Employment and Livelihoods (GEEL) Somali Sesame Sector Impact Assessment Study Scope of Work 15/12/2019 08/09/2021 72 212 - 212 72 212 - 212 98 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 98 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 JHI PJ-003749: Upscaling the delivery of pest resistant potatoes to East Africa 01/10/2022 31/03/2023 20 - 3 3 20 - 3 3 JRSBDF PJ-002533: The Pollinator Information Network for sub-Saharan two-winged insects 01/04/2017 31/12/2021 20 22 - 22 20 22 - 22 KSADP PJ-003487: Kano State Agro-Pastoral Development Project 26/04/2021 25/04/2025 548 47 162 209 548 47 162 209 MAA PJ-003693: Projet d’Appui au Programme Graine-Phase 1 (PAPG1) in Gabon 07/11/2022 31/12/2023 3,533 - 6 6 3,533 - 6 6 MAEP-MADAGASCAR PJ-003611: PROJET JEUNES ENTREPRISES RURALES DANS LE MOYEN-OUEST PROJERMO 06/05/2022 05/05/2023 650 - 247 247 650 - 247 247 MOFA, Sudan PJ-002521: Technical Assistance for the implementation of the ENABLE Youth Sudan Program (ENABLE YOUTH SUDAN) 28/04/2017 27/04/2022 1,425 1,502 - 1,502 1,425 1,502 - 1,502 MONUSCO PJ-002771: Réinsertion socio-économique des ex-combattants, des femmes vulnérables et des jeunes à risque dans la plaine de la Ruzizi (Kamanyola, Katogota et Luvungi) 01/02/2018 31/01/2019 89 100 - 100 89 100 - 100 MPAE PJ-002596: Projet pour l’entreprenariat des jeunes dans l’agriculture et l’agrobusiness (ENABLE Madagascar) 25/08/2017 31/12/2018 343 419 - 419 343 419 - 419 MPJEJSC PJ-002595: Assistance technique de l’IITA dans le cadre du PPF du Projet d’Emploi des Jeunes dans l’Agribusiness en Côte d’Ivoire 18/10/2017 31/12/2020 384 460 2 462 384 460 2 462 NCF PJ-NA3346: Restoration of the NCF Forest Reserve, Guzape, Abuja 01/03/2020 31/12/2021 26 24 (3) 21 26 24 (3) 21 NDFMH PJ-003414: National Food Consumption and Micronutrient Survey Project 23/09/2020 31/12/2022 2,500 1,884 568 2,452 2,500 1,884 568 2,452 NEPAD PJ-003579: Olokemeji Reforestation Project 01/07/2022 31/08/2024 150 - 25 25 150 - 25 25 NEPC-EEFP PJ-003603: NEPC-EEFP project for capacity strengthening for non-oil export of commodities. 01/01/2022 30/06/2023 121 - 61 61 121 - 61 61 NIBIO PJ-003697: Malawi Digital Plant Health Service (MaDiPHS) 30/06/2022 30/06/2027 819 - 20 20 819 - 20 20 99 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 99 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 Nigerian Breweries PJ-002062: Sorghum genotyping for Nigerian Breweries 19/08/2014 18/11/2014 9 9 - 9 PJ-003353: Olokemeji Reforestation Project 01/03/2021 28/02/2026 388 60 57 117 397 69 57 126 OFDL PJ-002333: llTA Assisted Obasanjo Farm Diagnostics Laboratory Project 01/10/2015 31/12/2015 91 52 - 52 PJ-003752: Establishment of an early generation cassava seed production facility at Olusegun Obasanjo Farms, Akinale Abeokuta 15/09/2022 14/09/2023 120 39 39 211 52 39 91 OGSG PJ-003516: World Bank Ogun State Economic Transformation Project -Value Chain Development in Ijebu Zone 01/09/2022 31/08/2023 296 - 60 60 PJ-003663: Development of the Ogun State Farmer Information Management system (OGFIMS) 11/04/2022 12/12/2022 300 - 48 48 596 - 108 108 OYO SG PJ-NA3141: Rapid Expansion of the Start Them Early Program in Oyo State 15/08/2019 30/12/2023 2,971 836 386 1,222 2,971 836 386 1,222 PADECAS PJ-003297: TAAT Cassava Compact Technical Assistance to PADECAS 05/10/2020 31/12/2023 534 53 80 133 534 53 80 133 PARRSA PJ-003132: Technical assistance to intensify cassava processing and women's and youth entrepreneurship in PARRSA-FA areas (L'ASSISTANCE TECHNIQUE A L'INTENSIFICATION DE LA TRANSFORMATION DU MANIOC ET DE L'ENTREPRENARIAT DES FEMMES ET DES J 01/07/2019 30/09/2020 600 616 (0) 616 600 616 (0) 616 PEJAB PJ-003339: Projet dEntreprenariat des Jeunes dans l'Agriculture et l'Agro-business 27/05/2020 26/05/2023 991 366 4 370 991 366 4 370 PHC PJ-003595: Fertility Assessment to Support Plantation Management for Productivity Increase 01/10/2021 31/01/2022 204 59 122 181 204 59 122 181 PICAGL PJ-002781: Integrated Project for Agricultural Growth in the Great Lakes (L' appui a la mise en oeuvre de la chaine de valeur manioc et creation de l'emploi des jeunes) (PICAGL) 10/01/2019 31/12/2021 7,107 6,934 138 7,072 PJ-003035: L' appui a la mise en oeuvre de l’ integration regionale des centres de recchereche et a la coordination regionale 25/03/2019 31/12/2021 8,835 8,113 478 8,591 PJ-003640: LA FINALISATION DE L' APPUI A LA MISE EN OEUVRE DE LA CHAINE DE VALEUR MANIOC ET CREATION DE L'EMPLOI DES JEUNES 07/10/2022 31/05/2023 3,706 - 836 836 PJ-003682: Finalisation d’appui a la mise en oeuvre de l’integration regionale des centres de recherche et a la coordination regionale 27/07/2022 31/05/2023 4,463 - 3,345 3,345 24,111 15,047 4,796 19,843 PRIMLAKS PJ-002040: Yam varieties for food Industry In Nigeria - Industrial Trials 18/06/2014 17/06/2015 49 35 - 35 49 35 - 35 PRINCE) AKINREMI/IITA PJ-003433: Cassava Processing Training 08/02/2021 15/03/2021 6 6 - 6 6 6 - 6 100 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 100 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 PRODEMA -FA PJ-002539: Productivite et de Developpement des Marches Agricoles / Agricultural Productivity and Markets Development Project 28/08/2017 31/01/2020 1,503 2,375 (11) 2,364 1,503 2,375 (11) 2,364 PURDUE PJ-001803: Purdue Improved Crop Storage (PICS3) Project in Ghana, Tanzania, and Nigeria 01/07/2014 30/04/2020 1,385 1,420 - 1,420 PJ-002505: lmproving Smallholder Tanzanian Farmers' Access to lmproved Storage Technology and Credit (PICS Credit Evaluation) 30/09/2016 30/09/2018 80 109 - 109 PJ-003290: Expanding Credit Access to Scale-up the Use of Hermetic Storage in Tanzania 25/09/2021 31/05/2023 40 3 39 42 1,505 1,532 39 1,571 SAA PJ-003508: IITA's support to SG2000 for the implementation of the KSADP project in Kano 03/05/2021 31/01/2023 229 73 143 216 229 73 143 216 SDN PJ-002972: Training of Ogoni youths and setting up of Cassava processing Facility in the Area in partnership with SDN 17/12/2018 31/08/2020 44 90 0 90 44 90.00 0 90 SWITZ PJ-001925: Operational scale multi-site testing with the optimal dose of the bioinsecticide Bba5653 (Research and Development of biopesticides for cotton and vegetable crops pests’ management) 01/01/2014 28/02/2017 110 116 - 116 110 116 - 116 TECHNOSERVE PJ-002908: Technical assistance services for the implementation of the ENABLE Youth Sub-component of REP 07/06/2018 30/04/2020 198 138 - 138 198 138 - 138 UCLA PJ-003147: CBI School for Indigenous Knowledge 01/11/2018 30/04/2023 397 287 28 315 PJ-003522: ASHA Project: Digital Learning and Training Center in Cameroon 31/03/2021 30/09/2024 400 3 33 36 PJ-003523: Preservation of the Endangered Traditional Cultural Heritage of the Baka Indigenous People of southern Cameroon 05/10/2020 30/09/2023 120 10 79 89 917 300 140 440 UHK PJ-002488: Habitat’s role in structuring climate change vulnerability: Thermal tolerance of Central African mycalesine butterflies 01/01/2018 30/06/2020 97 105 - 105 97 105 - 105 UN WOMEN PJ-003207: ONU Femmes/IITA Accord Standard Relatif au Project de Cooperation Entre Onu Femmes et une Organisation Non Governementale 01/02/2020 20/12/2021 144 133 2 135 144 133 2 135 UNI EVANS PJ-003030: Plot size Misperceptions and Input Optimization: Experimental Evidence from Kenya 01/06/2019 30/06/2021 64 65 - 65 64 65 - 65 UNIV OF FLORIDA PJ-002760: Collaboration between University of Florida and IITA 01/01/2018 31/01/2019 227 225 - 225 227 225 - 225 UNIVERSITY OF KEELE PJ-003089: Novel botanical formulations for treatment of virus vectors 01/12/2018 31/03/2020 25 28 - 28 25 28 - 28 101 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 101 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 US Embassy NGR PJ-003085: Enhancing environmental education through School Conservation Clubs in south-western Nigeria 01/10/2019 30/09/2020 9 9 - 9 9 9 - 9 WAAPP- Nigeria PJ-001811: Production and dissemination of breeder, foundation, and certified seeds of improved cassava varieties in Nigeria 01/09/2014 29/02/2016 230 185 - 185 PJ-001812: Production of High-Quality Seed Yam Tubers (SYT) to Enhance Yam Productivity in Nigeria 01/03/2014 28/02/2015 200 278 - 278 430 463 - 463 WCWC PJ-002985: GCRF Trade, Development, and the Environment (TRADE) Hub 13/02/2019 24/02/2024 934 580 179 759 934 580 179 759 WECA PJ-001999: Upgrading Ondo State Agricultural Village, Ore 01/07/2014 31/12/2016 385 778 - 778 385 778 - 778 WFP PJ-003704: Grain Management Training for WFP Kano Third Party managed warehouse 01/06/2022 30/06/2022 3 - 3 3 3 - 3 3 WORLDFISH PJ-003027: Technologies for African Agricultural Transformation (TAAT) Transforming Aquaculture in Africa through Up scaled technology (IITA Youth in Agribusiness subgrant) 05/12/2018 31/01/2021 142 141 - 141 PJ-003029: Technologies for African Agricultural Transformation (TAAT) Transforming Aquaculture in Africa through Up scaled technology (IITA DRC subgrant) 01/03/2019 30/06/2021 31 31 - 31 173 172 - 172 WUR PJ-003451: Crowdsourced price data for real-time geospatial analysis of Covid-related food security threats in Nigeria 12/02/2021 10/12/2021 26 17 8 25 26 17 8 25 WYG PJ-002357: S35- Achieving equitable benefits from Sustainable Agricultura Intensification through more effective tools and metrics 01/05/2016 31/03/2020 772 668 - 668 772 668 - 668 YARA Ghana PJ-003355: Sustainable Soyabean Production in Northern Ghana 01/05/2021 31/10/2024 2,918 359 681 1,040 2,918 359 681 1,040 BASF SE PJ-NA2913: ODYSSEY, RAPTOR / COWPEA / SELECTIVITY 19/08/2018 18/08/2019 7 6 - 6 7 6 - 6 NWO-WOTRO PJ-NA2893: Proposal elaboration workshop for the call for proposals on 'Seed Systems Development: Enabling and Scaling Genetic Improvement and Propagation Materials' 24/07/2018 25/07/2018 11 10 - 10 11 10 - 10 ADRA, DRC PJ-002509: Developing a community-based dissemination cassava seed system for increased productivity and market linkages in Uvira and Fizi territories, South Kivu province, Dr Congo 01/10/2016 31/07/2017 47 40 - 40 47 40 - 40 102 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 102 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 AfricaRice PJ-001750: Realizing the agricultural potential of inland valley lowlands in sub-Saharan Africa while maintaining their environmental services (RAP) Phase 2 01/02/2013 30/11/2013 119 220 - 220 119 220 - 220 ANDERMATT PJ-003004: Efficacy evaluation of LITTOVIR and Nomu-Protec against the armyworm on maize field 01/01/2019 28/02/2020 14 10 - 10 14 10 - 10 ASARECA PJ-001654: Enhancing adoption of harmonized standards to drive commercialization of root and tuber crops in Eastern and Central Africa - ASARECA/PAAP/2012/01 01/12/2012 30/11/2013 88 97 - 97 88 97 - 97 BGCI PJ-002284: Prioritising and protecting Nigeria’s most threatened trees 02/12/2015 31/12/2017 6 13 - 13 6 13 - 13 CABI - Africa PJ-002356: Gender and the Legume Alliance: Integrating multi-media communication approaches and input brokerage 05/10/2016 31/12/2019 31 30 - 30 31 30 - 30 CGC PJ-NA2377: NiSIS meeting to be held at Agriculture Research Council in Abuja from 17-18 February 2016 11/02/2016 05/04/2016 23 22 - 22 23 22 - 22 Columbia University PJ-NA2227: Training program on behalf of Columbia for 50 extension officers on effective use of SoilDoc Kits on Soil Management Procedures and Techniques in Real-time to facilitate the Implementation of the "Soildoc/Nigeria" project. 30/05/2015 31/12/2015 60 76 - 76 60 76 - 76 COSA PJ-002112: COSA Coffee Survey 01/11/2014 30/11/2015 202 205 - 205 202 205 - 205 DALBERG PJ-NA2388: Yield Wise Initiative (Cassava Innovation Challenge) 16/05/2016 31/01/2017 126 96 - 96 126 96 - 96 DAP PJ-002471: Establishing a centre of excellence and outreach for tree conservation and reforestation in Nigeria 07/12/2016 31/12/2017 41 40 - 40 41 40 - 40 FIRCA PJ-002620: L’APPUI DE L’IITA DANS LE CADRE DE L’ETUDE DE FAISABILITE POUR LA REALISATION DE DISPOSITIFS D’INCUBATION D’ENTREPRISES AGRICOLES AU PROFIT DES JEUNES DANS L’AGRIBUSINESS EN COTE D’IVOIRE 28/03/2017 28/05/2017 32 9 - 9 32 9 - 9 FUNAAB PJ-001571: Species identification of root-knot nematodes (RKN) through improved diagnostic techniques aimed at durable resistance in vegetables grown in peri-urban systems in Africa. 07/11/2012 07/05/2015 29 29 - 29 29 29 - 29 Good Nature PJ-002630: Feed The Future Partnering for Innovations (Private-Public partneship for Scaling and Marketing Agricultural Technologies (Partnering for Innovations) 15/04/2017 31/12/2018 76 36 - 36 76 36 - 36 103 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 103 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 IDS PJ-002800: Challenges and Opportunities for Rural Youth Employment in Sub-Saharan Africa 01/10/2018 01/10/2019 116 111 - 111 116 111 - 111 IFAR PJ-000428: IFAR 2006 fellowship Awardees - Ndungo VIGHERI, Flora OLUWAFEMI. 01/06/2006 31/12/2006 22 - - - 22 - - - ILRI PJ-002638: Integrated Genotyping Service and Support (IGSS) 01/01/2017 30/06/2018 79 87 - 87 79 87 - 87 IRD PJ-NA2812: The IVth International Cassava Conference 16/04/2018 31/12/2018 11 11 - 11 11 11 - 11 IRDP PJ-002064: Scaling Out Integrated Soil Fertility Management Technologies in Southern Highlands of Tanzania 01/02/2015 28/02/2018 250 252 - 252 250 252 - 252 JSG PJ-001659: Increasing food security and economic opportunities in Jigawa State Nigeria through sustainable cropping systems intensification, diversification, value addition and marketing 01/08/2012 31/01/2013 259 256 - 256 259 256 - 256 KU LEUVEN PJ-NA2761: KU Leuven field trial in Tanzania 01/01/2018 31/12/2019 20 22 - 22 20 22 - 22 LEAP PJ-NA2337: N.E. Borlaug LEAP program for Mr. Francis Onyilo 01/04/2015 31/05/2016 20 - - - 20 - - - LJMU PJ-003042: Workshop on barriers to information dissemination in rural agriculture—the case of Nigeria 15/03/2019 31/05/2019 11 12 - 12 11 12 - 12 MINAGRIDER, DRC PJ-001759: Redynamisation de la Recherche pour le Développement (R4D) en République Démocratique du Congo (RDC) [Reviving Agricultural Research for Development (R4D) in the Democratic Republic of Congo (DRC)] 29/06/2013 31/12/2017 2,979 2,975 - 2,975 2,979 2,975 - 2,975 MINAGRIPEL PJ-002376: Projet Entreprenariat des Jeunes dans L’Agriculture et L’Agro-business (PEJAB), Mecanisme de Financement de la Preparation des projets (PPF); (PPF-PEJAB) 27/07/2016 20/05/2017 548 555 - 555 548 555 - 555 MPAE PJ-002724: Assistance technique de l’IITA pour la coordination des études de faisabilité du Programme de Transformation de l'Agriculture Malgache 01/07/2017 31/12/2018 197 126 - 126 197 126 - 126 NCF PJ-002907: Funding support to enhance conservation initiatives of the Forest Center at the International Institute of Tropical Agriculture, Ibadan, Nigeria 17/12/2018 16/12/2019 6 6 - 6 6 6 - 6 104 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 104 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 OAU PJ-002561: CROSS-CUTTING: Nigeria Country Plan Baseline and Varietal Monitoring Survey 16/01/2017 31/07/2019 550 545 - 545 550 545 - 545 OCP S. A PJ-002375: Developing efficient and affordable fertilizer products for increased and sustained yields in the maize belt of Nigeria 29/12/2015 31/12/2017 708 705 - 705 708 705 - 705 OYO SG PJ-002931: Developing Oyo State Agricultural Policy Framework 01/05/2018 31/01/2019 55 59 - 59 PJ-002947: IITA BIP-Land and soil suitability assessment for Opara and Gambari FR for agribusiness development in Oyo State 01/10/2018 19/04/2019 97 96 - 96 152 155 - 155 PASL PJ-002914: ERADICOAT T Efficacy evaluation and non-target effect examination protocol for maize and cowpea 29/08/2018 31/08/2019 13 15 - 15 13 15 - 15 PBL PJ-002543: Supply and potential demand for micronutrients originating from African agriculture 01/10/2016 01/08/2017 32 29 - 29 32 29 - 29 PRIMLAKS PJ-002751: Production of white yam at kuta on 5ha of land for PRIMLAKS Nig. Ltd 09/05/2017 08/05/2020 11 - - - 11 - - - RA PJ-002564: Feasibility of a blended finance product to support landscape level transformation through the application of climate smart agricultural (CSA) practices in selected cocoa producing landscapes in Ghana 15/11/2016 10/02/2017 9 5 - 5 9 5 - 5 SHEFFIELD PJ-003112: Training on dsRNA bio manufacturing and management of cowpea bruchid Callosobruchus maculatus on stored cowpea in Kano, Nigeria 25/08/2019 25/07/2020 5 5 - 5 5 5 - 5 Syngenta PJ-001967: Skills Development Program for Syngenta Staff and Partners 14/07/2014 31/12/2017 100 99 99 100 99 99 TJCFML PJ-002568: Feasibility study on the proposed land for cassava production and cassava processing factory 21/02/2017 25/04/2017 3 2 - 2 3 2 - 2 UPL PJ-002770: Evaluation of Holdown and Lifeline for weed control in cassava in Nigeria 12/07/2018 31/12/2019 13 15 - 15 13 15 - 15 US EMBASSY NGR PJ-002786: Environmental Education through acquaintance with nature and School Conservation Clubs 01/09/2018 31/08/2019 10 12 - 12 10 12 - 12 WAAPP- Nigeria PJ-001810: Production and dissemination of breeder, foundation and certified seeds of improved maize varieties and hybrids in Nigeria 01/04/2014 31/03/2015 199 122 - 122 199 122 - 122 105 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 105 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Exhibit II (cont’d) Total Grant Expenditure Expenditure Total Project Title Start Date End Date Pledge Prior Years Current Year Expenditure Window 3 WASCAL PJ-002923: WASCAL GRP Climate Change and Biodiversity PhD student 17/08/2017 16/08/2019 12 - - - 12.00 - - - WCF PJ-001464: African Cocoa Initiative Project 01/08/2012 30/06/2015 402 289 - 289 402 289 - 289 Closed Projects 365,060 365,060 - 365,060 G rand Total 1,154,555 773,559 65,810 839,074 106 INTERNATIIONNTEARLN IANTSIOTNITAULT INE SOTFIT UTRTEO OPIFC TARLO APIGCRAILC AUGLRTIUCURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh aen yde aFri neandnecdia 3l 1s tDaetceemebnetrs 2 022 For the year ended 31 December 2022 Exhibit III Expressed in US $ Thousands 2022 Funds Accounts Advance Available Receivable Payments CY Grant PY Grant 2021 Window 3 BMGF 29,094 - (13,201) 15,893 16,952 CIMMYT 1,819 - (749) 1,070 - CIRAD 84 76 - 160 196 ICRISAT 1,196 374 - 1,570 5 IFAD 404 - (405) (0) 84 ILRI - - - - (0.42) JAPAN 44 - (20) 24 61 Austria (0) - - (0) 0 Belgium 1,533 - (1,288) 245 255 CIMMYT 1,584 66 - 1,650 2,779 CIP (69) 77 - 8 9 Closed Projects (416) 416 - - - IFAD 1,548 - (1,030) 519 496 Miscellaneous Projects (1,320) 1,471 - 151 536 Nutrition International (33) 33 - - - USAID 30,541 - (21,012) 9,529 15,483 Total Window 3 - Exhibit VI 66,010 2,513 (37,629) 30,818 36,856 107 106 INTERNATINIOTENRANLA ITNIOSNTAITLU INTEST OITFU TTRE OOPF ITCRAOLP AICGARL IACGURLITCUULRTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse a ynedar F einndaendc i3a1l Dsteacteemmbeenr t2s0 22 For the year ended 31 December 2022 Exhibit IV Expressed in US $ Thousands 2022 Funds Accounts Advance CY PY Grant Available Receivable Payments Grant 2021 Bilateral/Challenge Programs CORNELL UNIV 1,525 1,297 - 2,822 2,182 MFA 3,083 132 - 3,214 3,763 AATF 50 - (36) 14 - AfDB 3,498 - (2,961) 536 - AG. LEVENTIS 86 - (7) 78 - 74 AGRA 310 - (20) 290 39 BIOVERSITY 71 - (12) 60 - BMGF - - - - - CGIAR System - - - - - CIP 23 176 - 199 165 CIRAD (43) 92 - 49 43 Closed Projects 3,774 5,031 (1,646) 7,159 20,676 CROP TRUST 375 125 - 500 - ETH 204 85 - 290 478 EU 2,014 - (1,090) 924 178 FAO 49 41 - 91 16 GIZ 858 302 - 1,159 836 IFAD 1,351 - (303) 1,048 1,047 NORAD 6,793 - (3,673) 3,120 2,408 UNIV.WEST OF ENGLAND 7 - (7) - 2 USAID 2,521 - (92) 2,429 2,200 USDA 400 - (186) 214 - WAGENINGEN (4,095) 4,101 - 6 13 CIAT 2,559 - (769) 1,789 527 MINAGRI, DRC 40,683 - (20,352) 20,331 - IFPRI (91) 91 - - 4 ICRISAT 1,426 PURDUE 24 14 - 39 3 OFDL 120 - (81) 39 - FMARD (28) 28 - 0 (61) JRSBDF (1) 1 - - 5 MSU 95 102 - 197 170 IDH-OCP - 1 - 1 24 LEVENTIS FOUNDATION 66 - (40) 25 19 SLU 336 - (56) 281 144 ANADARKO 1,069 - (252) 817 1,199 MINADER (7) 240 - 233 653 AgBiTech - - - - 0 AGBIOME 60 - (19) 41 - - AU (20) 147 - 127 - 319 PICAGL 526 3,654 - 4,181 - 108 107 INTERNAITNITOENRNAALT IINOSNTAILT IUNTSET IOTUFT TER OOFP TIRCOAPLI CAAGLR AIGCURILCTUULTRUER E Group Annual Reports and Financial statements Group Annual RFeopro trhtes yaenadr eFnindaedn c3i1a lD setcaetmembeer n2t0s2 2 For the year ended 31 December 2022 Exhibit IV Expressed in US $ Thousands 2022 Funds Accounts Advance CY PY Grant Available Receivable Payments Grant 2021 Bilateral/Challenge Programs MEDA 26 - (26) 1 - UNIVERSITY OF KEELE (18) 18 - 0 2 SAE 6 8 - 14 7 OYO SG 378 8 - 386 515 UCLA 117 23 - 140 172 WCWC 105 74 - 179 237 DINU 1,206 - (113) 1,093 870 MASTERCARD 2,540 - (595) 1,945 1,853 PEJAB 248 - (244) 4 168 MEAE 87 2 - 89 126 SFL (16) 16 - - (1) BATNL 182 51 - 233 329 Nigerian Breweries 91 - (34) 57 59 PADECAS 22 58 - 80 53 GOPA 2 85 - 87 153 FOUNDATION/IITA 357 - (279) 79 35 KSADP 184 - (22) 162 47 YARA Ghana 640 41 - 681 359 SAA 126 17 - 143 73 CORAF - - - - 0 WACCI 7 4 - 11 - CRS - - - - 0 PSMNR SWR 8 - (6) 2 (0) PDAR - - - - - UNIV- CALIFONIA 2 - (2) - - IIAM - - - - 0 PRODADEKK 0 - (0) - - HRNS CIAT (20) 20 - - 1 NWO-WOTRO (18) 18 - - 1 Agrilife Research (108) 109 - 1 1 TSL - - - - 0 DCI-IRELAND 140 - (40) 100 427 MEAPE (162) 163 - 1 92 FAU 676 - (163) 514 440 UILLINOIS (1) 5 - 4 (1) Venture37 272 270 - 543 490 UNICEF 817 1,031 - 1,848 5,358 RAB 137 37 - 175 334 Royal Society 112 0 - 112 164 RHUL 34 7 - 41 96 aBi Trust AGRA 152 81 - 233 237 109 108 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 Exhibit IV Expressed in US $ Thousands 2022 Funds Accounts Advance CY PY Grant Available Receivable Payments Grant 2021 Bilateral/Challenge Programs ADA 296 - (61) 235 525 JIRCAS 57 4 - 61 45 Cornell University 643 70 - 713 305 MAFF, JAPAN 470 - (146) 324 49 IER-MALI 273 - (80) 193 89 FMOS-MRTC 27 13 - 40 3 VIB 13 1 - 15 5 Ugent 14 - (6) 8 0 NUIG 291 - (94) 197 - SHA 67 1 - 68 - NRI 87 5 - 92 - IAEA 9 18 - 27 - STDF 30 30 - 60 - GBio - 0 - 0 - ACIAR 98 - (56) 42 - EXCHANGE 4 - (3) 1 - WWF 13 - (0) 13 - NESTLE - - (2) (2) - CARITAS 30 - (28) 2 - ATAC 408 419 - 827 111 ABN 186 22 - 207 0 PHC 94 28 - 122 59 IPBO 20 13 - 33 - DGDC 11 2 - 13 - NEPC-EEFP 121 - (60) 61 - GAIN 127 - (4) 123 - PDAC 800 - (543) 257 - UCLA 64 48 - 112 - The Alliance 200 - (44) 156 - PAK - 68 - 68 - MAEP-MADAGASCAR 195 52 - 247 - NEPAD 45 - (20) 25 - WFP 3 0 - 3 - OGSG 209 - (101) 108 - ENABEL 50 26 - 76 - JHI - 3 - 3 - NIBIO 150 - (130) 20 - CSIRO - 0 - 0 - APDC - 1 - 1 - EKN 724 - (724) - - Total 82,409 18,629 (35,226) 65,812 - 52,445 110 109 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 Exhibit V: Expenses by Science Group Expressed in US$ Thousands Initiative W3 Bilateral Total Resilient Agri-food systems Personnel Costs 4,771 4,344 9,423 18,538 CGIAR Collaborations cots 455 1,825 1,139 3,419 Other Collaboration Costs 291 4,780 12,344 17,415 Supplies and Services 2,623 4,646 16,872 24,351 Operational Travel 393 651 2,240 3,284 Depreciation/Amortization 103 30 1,189 1,322 Cost Sharing Percentage - - 835 835 Total Direct Costs 8,636 16,276 44,042 68,954 Indirect Costs 1,399 2,229 5,532 9,160 Total Costs 10,035 18,505 49,574 78,114 Deferred depreciation - - - - Grand Total 10,035 18,505 49,574 78,114 System Transformation Personnel Costs 1,151 740 2,894 4,785 CGIAR Collaboration Costs - - 72 72 Other Collaboration Costs 157 - 1,710 1,867 Supplies and Services 372 1,578 3,859 6,044 Operational Travel 93 212 537 842 Depreciation/Amortization 2 - 36 20 - 14 Cost Sharing Percentage - - 132 132 Total Direct Costs 1,775 2,494 9,224 13,493 Indirect Costs 287 297 945 1,529 Total Costs 2,062 2,791 10,169 15,022 Deferred depreciation - - - - G rand Total 2,062 2,791 10,169 15,022 Genetic Innovation Personnel Costs 5,131 2,003 2,168 9,302 CGIAR Collaboration Costs - 122 - 122 Other Collaboration Costs 85 2,805 81 2,971 Supplies and Services 2,316 3,079 2,542 8,703 Operational Travel 309 217 390 916 Depreciation/Amortization 22 296 77 395 Cost Sharing Percentage - - 201 201 Total Direct Costs 7,863 8,522 5,459 21,844 Indirect Costs 1,274 1,000 609 2,883 Total Costs 9,137 9,522 6,068 24,727 Deferred depreciation - - - - Grand Total 9,137 9,522 6,068 24,727 111 110 INTERNATINIOTENRANLA TINIOSNTAITLU INTSET OITFU TTER OOFP ITCRAOLP AICGARL IACGURLICTUULRTEU RE Group Annual Reports and Financial statements Group Annual ReFpoor rtthse ayneadr F einndaendc i3a1l Dsteacteemmbeenr t2s0 2 2 For the year ended 31 December 2022 Exhibit V: Expenses by Science Group Expressed in US $ Thousands Total - Initiative, W 3 & Bilateral Personnel Costs 11,053 7,087 14,486 32,626 CGIAR CollaboratCosts 455 1,947 1,211 3,613 Other Collaboration Costs 533 7,584 14,136 22,254 Supplies and Services 5,316 9,303 23,273 39,098 Operational Travel 795 1,080 3,166 5,041 Depreciation/Amortization 127 290 1,286 1,703 Cost Sharing Percentage - - 1,168 1,168 Total Direct Costs 18,279 27,291 58,726 104,296 Indirect Costs 2,956 3,526 7,087 13,569 Total Costs 21,235 30,817 65,813 117,865 Deferred depreciation - - - - Grand Total 21,235 30,817 65,813 117,865 112 111 INTERNAINTITOENRNAALT IINONSTAILT IUNTSETI TOUFT TER OOFP TIRCOAPLI CAAGLR AIGCRUILCTUULTRUER E Group Annual Reports and Financial statements Group Annual RFeopro trhtes yaenadr eFnindaedn c3i1a lD setcaetmembeer n2t0s2 2 For the year ended 31 December 2022 Exhibit VI: Initiative Funding report Expressed in US$ Thousands Windows 1 & 2 INIT-11 Excellence in Agronomy Opening Balance - Add: Cash Receipts from Lead Center 3,863 Less disbursements: (3,885) Closing Balance (22) Windows 1 & 2 INIT-13 Plant Health Opening Balance - Add: Cash Receipts from Lead Center 1,856 Less disbursements: (2,026) Closing Balance (170) Windows 1 & 2 INIT-19 Mixed Farming Systems Opening Balance - Add: Cash Receipts from Lead Center 1,655 Less disbursements: (1,683) Closing Balance (28) Windows 1 & 2 INIT-12 Nature-Positive Solutions Opening Balance - Add: Cash Receipts from Lead Center 61 Less disbursements: (72) Closing Balance (11) Windows 1 & 2 INIT-16 Resilient Cities Opening Balance - Add: Cash Receipts from Lead Center 620 Less disbursements: (754) Closing Balance (134) Windows 1 & 2 INIT-15 Aquatic Foods Opening Balance - Add: Cash Receipts from Lead Center 94 Less disbursements: (38) Closing Balance 56 113 112 INTERNAINTITOERNNAALT IIONNSTAILT IUNTSTEI TOUFT TE ROOF PTIRCOAPLI CAAGL RAIGCRUICLTUULTRUER EGroup Annual Reports and Financial statements Group Annual RFeopr othrtes y aenadr eFnindeadn c3i1a Dl setcaetmebmeer n2t0s2 2 For the year ended 31 December 2022 Exhibit VI: Initiative Funding report Expressed in US$ Thousands Windows 1 & 2 INIT-31 Agroecology Opening Balance - Add: Cash Receipts from Lead Center 261 Less disbursements: (406) Closing Balance (145) Windows 1 & 2 INIT-29 Rethinking Food Markets Opening Balance - Add: Cash Receipts from Lead Center 171 Less disbursements: (304) Closing Balance (133) Windows 1 & 2 INIT-27 National Policies and Strategies Opening Balance - Add: Cash Receipts from Lead Center 187 Less disbursements: (250) Closing Balance (63) INIT-26 Gender Equality Opening Balance - Add: Cash Receipts from Lead Center 443 Less disbursements: (503) Closing Balance (60) INIT-25 Digital Innovation Opening Balance - Add: Cash Receipts from Lead Center 73 Less disbursements: (92) Closing Balance (19) INIT-24 Foresight Opening Balance - Add: Cash Receipts from Lead Center 37 Less disbursements: (50) Closing Balance (13) 114 113 INTERNAINTTIOERNNAALT IIONNSATLIT INUSTTEI TOUFT ET ROOF PTRICOAPLIC AAGL RAIGCRUICLUTULTRUER EGroup Annual Reports and Financial statements Group Annual RFeopr othrets y aeanrd e Fnidneadn 3c1ia Dl estcaemtebmere 2n0ts2 2 For the year ended 31 December 2022 Exhibit VI: Initiative Funding report Expressed in US$ Thousands Windows 1 & 2 INIT-03 Genebanks Opening Balance - Add: Cash Receipts from Lead Center 3,185 Less disbursements: (3,203) Closing Balance (18) INIT-01 Accelerated Breeding Opening Balance - Add: Cash Receipts from Lead Center 3,560 Less disbursements: (3,592) Closing Balance (32) INIT-04 Breeding Resources Opening Balance - Add: Cash Receipts from Lead Center 558 Less disbursements: (581) Closing Balance (23) INIT-06 Seed Equal Opening Balance - Add: Cash Receipts from Lead Center 966 Less disbursements: (1,083) Closing Balance (117) INIT-05 Market Intelligence Opening Balance - Add: Cash Receipts from Lead Center 840 Less disbursements: (678) Closing Balance 162 PLAT-01 Gender Opening Balance - Add: Cash Receipts from Lead Center 202 Less disbursements: (244) Closing Balance (42) INIT-32 Low-Emission Food Systems Opening Balance - Add: Cash Receipts from Lead Center 112 Less disbursements: (213) Closing Balance (101) 115 114 INTERNAINTTIOERNNAALT IIONNSTAILT IUNTSTEI TOUFT TE ROOF PTIRCOAPLI CAAGL RAIGCRUICLTUULTRUER EGroup Annual Reports and Financial statements Group Annual RFeopr othrtes y aenard e Fnidneadn 3ci1a Dl setcaetmebmeer n2t0s2 2 For the year ended 31 December 2022 Exhibit VI: Initiative Funding report Expressed in US$ Thousands Windows 1 & 2 INIT-22 West and Central African Food Systems Transformation Opening Balance - Add: Cash Receipts from Lead Center 1,182 Less disbursements: (1,153) Closing Balance 29 INIT-21 Diversification in East and Southern Africa Opening Balance - Add: Cash Receipts from Lead Center 346 Less disbursements: (424) Closing Balance (78) 116 115 INTERNAITNIOTENRANLA TINIOSNTAITL UINTSET IOTUF TTER OOFP TICRAOLP IACAGLR AICGURLICTUULRTUE RE Group Annual Reports and Financial statements Group Annual ReFporo trhtse ayenadr Feinndaendc 3ia1l Dsetacetemmbeern 2t0s 2 2 For the year ended 31 December 2022 IITA – BIP Statement of Financial Position. 31 December 31 December 2022 2021 USD USD Assets Non-current assets Property, plant and equipment 1,566 1,694 Deferred tax asset 312 312 1,878 2,006 Current assets Inventories 204 121 Trade receivables 50 13 Other receivables 88 25 Grant receivable 4 4 Receivable from CropNut Lab Ltd- for paid-up shares in Cropnuts 12 3 Receivable from IITA - - Cash and cash equivalents 402 442 759 608 Total assets 2,637 2,614 Equity Share capital 28 7 Share premium 1,526 1,547 Consolidation adjustment - re-GoSeed equity 28 28 Retained earnings (2,310) (1,987) Property, plant and equipment designated reserves 1,593 1,593 Property, plant and equipment gifts reserves 364 349 Attributable to: Equity holders of the parent 1,229 1,537 Non- controlling interest 0 (8) Total equity 1,229 1,529 Non-current liabilities Deposit for shares - - Borrowings - - - - Current liabilities Trade payables 30 30 Accruals 35 37 Other payables 630 525 Payables to IITA 710 489 Company income tax payable - - Deferred grant income 4 4 1,408 1,085 Total liabilities 1,408 1,085 Total equity and liabilities 2,637 2,614 117 116 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 IITA – BIP Statement of Comprehensive Income 31 December 31 December 2022 2021 Revenue Total Total USD USD Sale of goods 874 1,079 Fair value gains on inventories 107 112 Grant income earned - 50 Other income 165 31 1,146 1,273 Total Total USD USD Expenses Personnel 333 511 Supplies & Operations 703 799 Maintenance 125 128 Travelling & Accommodation 48 43 Others 88 54 Depreciation expense 156 160 Professional fees 17 17 Total expenses 1,470 1,713 Operating loss (323) (440) Pre-incorporation net loss (323) (440) Loss before tax 0 0 Loss for the year (323) (440) Revenue represents the net invoiced value of goods sold to third parties during the period, grant income earned and the fair value gain on inventory of agricultural produce at the end of the year. 118 117 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 118 INTERNATIONAL INSTITUTE OF TROPICAL AGRICULTURE Group Annual Reports and Financial statements For the year ended 31 December 2022 Notes to the financial statements. 13 c. BIP Fixed Assets Schedule Property, plant and equipment Office furniture Plant & Motor Computer and fittings machinery vehicles equipment Buildings Total USD USD USD USD USD USD Cost As at 01 January 2022 201 239 239 10 1,361 2,052 Additions - - 56 2 - 59 Disposals - (51) - - - (51) A s at 31 December 2022 201 188 296 13 1,361 2,059 Depreciation and impairment losses As at 01 January 2022 69 129 95 9 55 358 Charge for the year 34 31 62 2 27 156 Disposals - (20) - - - (20) As at 31 December 2022 103 141 156 11 82 493 Carrying amounts A s at 31 December 2021 132 110 145 1 1,306 1,694 As at 31 December 2022 98 47 139 2 1,279 1,566 119 INTERNATIOINNTEARLN IANTSIOTINTAULT IEN SOTFIT TURTOE POIFC TARLO APGICRAILC AUGLRTIUCRUELT URE Group Annual Reports and Financial statements Group Annual RepFoorrt st haen yde aFrin eanndceida l3 s1t Daetecemmebnetrs 2 022 For the year ended 31 December 2022 Exhibit VII: Direct and Indirect Cost Rates Expressed in US $ Thousands 2022 2021 Expenses Research Expenses 78,132 74,477 CGIAR Collaboration Expenses 3,613 4,104 NON-CGIAR Collaboration Expenses 22,254 14,048 Management and General Expenses 12,216 11,089 Total 116,215 103,718 Partners Management Cost Management cost for Partners is limited to 4% on non-CGIAR collaboration partnership payments, and computed as of 31 December were as follows; Expressed in US $ Thousands 2022 2021 General Admin Expenses on Partners Management 890 562 Computation of Indirect cost rate 2022 2021 In-house Partner Total In-house Partner Total Gen & Admin Exps 12,216 - 890 890 12,216 11,089 - 562 562 11,089 Rese arch Exps 78,132 22,254 78,132+22,254 74,477 14,048 74,477+14,048 Indir ect Cost Rate 14.50% 4% 12.17% 14.13% 4% 12.53% Indirect Cost Rate…1/ 16.50% 14.17% 16.13% 14.53% 1/ Includes 2 percent system administrative cost on bilateral projects 120 119 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 Acronyms and Abbreviations aBi Trust Agribusiness Initiative Trust A4NH Agriculture for Improved Nutrition and Health AATF African Agricultural Technology Foundation ADA Austrian Development Agency AfDB African Development Bank AGRA Alliance for a Green Revolution in Africa ANPEJ L' Agence Nationale pour la Promotion de I'Emploi des Jeunes, Republique du Senegal. AWF African Wildlife Foundation BATN British American Tobacco Nigeria Foundation BECOD le Bureau d'Etudes et Conseil en Développement intégré BMZ/GIZ Deutsche Gesellschaft für Internationale Zusammenarbeit BMGF Bill & Melinda Gates Foundation CAPEF Chamber of Agriculture, Fisheries, Livestock and Forestry of Cameroon CARE CARE International in Cameroon CCAFS Climate Change, Agriculture and Food Security CFC Common Fund for Commodities CGIAR Consultative Group on International Agricultural Research CFFRC Crops for the Future Research Centre CIAT Centro Internacional de Agricultura Tropical CIFOR Centre for International Forestry Research CIMMYT Centro Internacional de Mejoramiento de Maiz y Trigo CIP Centro Internacional de la Papa CORAF/WECARD Consel Ouest et Centre African pour la Recherche et le Development Agricule / West and Central African Council for Agricultural Research and Development COSA Committee on Sustainability Assessment CSP Cost Sharing Percentage CRI-Ghana Crop Research Institute - Ghana CRP CGIAR Research Program CRS Catholic Relief Services CTA Technical Centre for Agriculture and Rural Cooperation DAP Australian Government - Direct Aid Program DAPP Development Aid from People to People in Zambia DCI - Ireland Development Cooperation Ireland - Department of Foreign Affairs, Ireland (Irish Aid) DDPSC Donald Danforth Plant Science Centre DIOBASS La Plate forme Diobass au Kivu DGDC Directorate General for Development Co-operation DGIS Directorate General for International Cooperation of The Netherlands EIB Excellence in Breeding EMBRAPA Empresas Publicas de Medellin EU European Union FAO Food and Agriculture Organization FAU Friedrich-Alexander-University Erlangen-Nuremberg FH Food for the Hungry International FIRCA Le Fonds Interprofessionel pour la Recherche et le Conseil Agricole FMARD Federal Ministry of Agriculture and Rural Development, Nigeria GCDT Global Crop Diversity Trust GIZ Deutsche Gesellschaft fur Internationale Zusammenarbeit GU University of Gothenburg HPlus HarvestPlus HRNS Hanns R. Neumann Stiftung Africa HELVETAS HELVETAS Swiss Inter co-operation. 121 120 INTERNATIIONTNEARLN IANTISOTNITAUL TINES OTIFT UTRTEO OPFIC TARLO APIGCARLIC AUGLRTICUURLET URE Group Annual Reports and Financial statements Group Annual RepFoorrt tsh ae nydea Fri nenadnecdia 3l 1s tDaetceemebnert s2 022 For the year ended 31 December 2022 Acronyms and Abbreviations (cont’d) IDH IDH- the sustainable trade initiative IDS Institute of Development Studies, University of Dar es Salaam IITA International Institute of Tropical Agriculture IIAM Instituto de Investigacao Agraria de Mocambique ICART International Center for Advanced Research and Training, Bukavu, DRC icipe International Centre of Insect Physiology and Ecology ICRAF World Agroforestry Centre - formerly International Center for Research in Agroforestry, ICRISAT International Crops Research Institute for the Semi-Arid Tropics IFAD International Fund for Agricultural Development IFPRI International Food Policy Research Institute ILRI International Livestock Research Institute IRAD Institute of Agricultural Research for Development IRDP Institute of Rural Development Planning, Dodoma-Tanzania ISABU Institut des Sciences Agronomiques du Burundi ISTRC International Society for Tropical Root Crops - Africa Branch (ISTRC-AB) ITC International Trade Center JIRCAS Japan International Research Center for Agricultural Science JRSBDF J.R.S. Biodiversity Foundation KU Leuven Katholieke Universiteit, Leuven LUND Lund University MAFSC Ministry of Agriculture, Food Security and Cooperatives, Tanzania MARD Ministry of Agriculture and Rural Development, DRC (Ministere de L'Agriculture et du developpement Rural - MINAGRIDER, DRC) MEDA Tanzania MEDA Economic Development Associates MoFA Ministry of Agriculture, Upper East Region, Ghana MINADER Ministry of Agriculture And rural Development Yaounde - Ministere De L'agriculture Et Du Developpement Rural MPAE Ministère auprès de la présidence en charge de l’agriculture et de l’élevage, Madagascar. MPJESC Ministere de la Promotion de la Jeunesse, de I'Emploi des Jeunes et du Service Civique MSU Michigan State University NESTEC Nestle (NESTLE-SWITZERLAND) NORAD Norwegian Agency for Development Cooperation NRI Natural Resources Institute PIA Program Implementation Agreement PIM Policies, institutions, and markets for enabling agricultural incomes for the poor. PIRAM Le Programme Intégré de Réhabilitation de l’Agriculture dans la Province du Maniema PNDHD PROGRAMME NATIONAL DE DEVELOPPEMENT HUMAIN DURABLE PNDP National Community-Driven Development Programme PPA Program Participant Agreement PRILAKS Primlaks Nigeria Limited PSMNR Programme for Sustainable Management of Natural Resources PSSUB Pennysylvania State University PURDUE PURDUE University QUB Queen’s University Belfast QUT Queensland University of Technology RTB Roots, tubers and bananas for Food Security and Income SDC Swiss Agency for Development and Cooperation SLU Swedish University of Agricultural Sciences SNV Organisation Néerlandais de Développement SWITZ Elephant Vert TJCFML TJ Cassava Flour Mills Limited TUA Tokyo University of Agriculture TSL Sainsbury Laboratory 122 121 IITA is a member of CGIAR