2016 Financial Statements CGIAR CGIAR Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘The International Livestock Research Institute works to improve food security and reduce poverty in developing countries through research for better and more sustainable use of livestock.’ International Livestock Research Institute 2 International Livestock Research Institute 2016 Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2016 2016 Financial Statements 3 © 2017 International Livestock Research Institute (ILRI) This publication is copyrighted by the International Livestock Research Institute (ILRI). It is licensed for use under the Creative Commons Attribution 4.0 International Licence. To view this licence, visit https://creativecommons.org/ licenses/by/4.0. 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ISBN: 92–9146–505-4 Text by Lindsay Falvey, Jimmy Smith, Misja Brandenburg and Robert Nzioka. Statements prepared by head of finance and supply chain: Robert Nzioka, editors: James Stapleton and Paul Karaimu. Photo credits Front cover: Cows walk along an irrigation canal in Niolo, Mali: ILRI/Stevie Mann Inside front cover: Cattle kept in a communal dairy feeding centre in Yunnan, China: ILRI/Stevie Mann Kitengela rangeland, Maasai bracelet: ILRI/Stevie Mann. Goats in a household compound, in the Himalayan foothills of India: ILRI/Susan MacMillan. Board of Trustees photos: ILRI/Apollo Habtamu. Ugandan researcher and Africa Bioscience Challenge Fund fellow, Victoria Tibenda, at the BecA-ILRI Hub: ILRI/Alnoor Abdulla Farmer Celeste Sitoe, Lhate village, Chokwe, Mozambique: ILRI/Stevie Mann Camels in Metahara area, Mieso, Mirab Hararghe Zone of the Oromia Region, Ethiopia: ILRI/Apollo Habtamu A teenage girl and one of her family’s sheep at an urban farm in Bamako, Mali: ILRI/Stevie Mann Domesticated guinea fowl in the early morning in Muchamba Village, Tete Province, Mozambique: ILRI/Stevie Mann Heading home at dusk in Mozambique, A boy returns home with his family herd at dusk in Lhate Village, Chokwe, Mozambique: ILRI/Stevie Mann Goat in Finkola village, near Sikasso, Mali: ILRI/Stevie Mann A chicken in Ukambani, Kenya: ILRI/Susan MacMillan Goat farm in Lwengo district Uganda: ILRI/Apollo Habtamu ILRI thanks all donors that globally support its work through their contributions to the CGIAR system. Patron: Professor Peter C Doherty, AC, FAA, FRS Animal scientist, Nobel Prize Laureate for Physiology or Medicine–1996 Box 30709–00100, Nairobi, Kenya ilri.org Box 5689, Addis Ababa, Ethiopia Phone: + 254 20 422 3000 better lives through livestock Phone: + 251 11 617 2000 Fax: + 254 20 422 3001 Fax: + 251 11 667 6923 Email: ILRI-Kenya@cgiar.org ILRI is a member of the CGIAR Consortium Email: ILRI-Ethiopia@cgiar.org ILRI has offices in East Africa • South Asia • Southeast and East Asia • Southern Africa • West Africa ‘The International Livestock Research Institute (ILRI) envisions a world where all people have access to enough food and livelihood options to full their potential.’ ‘One of ILRI’s strategic objectives is to, together with partners, provide compelling scientific evidence in ways that persuade decision makers—from farms to boardrooms and parliaments—that smarter policies and bigger livestock investments can deliver significant socio-economic, health and environmental dividends to both poor nations and households.’ Jimmy Smith, Director general. Contents Organization information 1 Board of Trustees 2 Statement of purpose 8 Corporate governance 10 Six year financial review 13 Statement by the chairperson of the Board of Trustees 15 Statement of management responsibilities 18 ILRI Board statement on risk management 19 Independent auditor’s report 20 Financial statements Consolidated statement of financial position 23 Consolidated statement of activities 24 Consolidated statement of changes in net assets 25 Consolidated statement of cash flows 26 Notes to the consolidated financial statements 27 Exhibits Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable 45 Exhibit II Restricted grant revenue 52 Exhibit III CRP expenditure reports 70 Exhibit IV CRP W1 and W2 funding report 74 Organization information FOR THE YEAR ENDED 31 DECEMBER 2016 Board of Trustees Lindsay Falvey Australia Chair (from November 2015, joined April 2013) Jimmy Smith Canada Ex officio (Director general, joined October 2011) Chanda Nimbkar India Appointed November 2015 Cheikh Ly Senegal Appointed November 2011 Andrew Tuimur Kenya Host country representative (joined February 2016) Gebregziabher Gebreyohannes Ethiopia Host country representative (joined November 2015) Judith Lungu Zambia Appointed November 2015 Khatijah Yusoff Malaysia Appointed April 2010 (left April 2016) Lorne Babiuk Canada Appointed November 2010 Richard Golding UK Appointed April 2015 Rodney Cooke UK Appointed November 2012 Suzanne Petersen UK Appointed November 2012 Siew Fing Wong Malaysia Appointed November 2013 Elsa Murano USA Appointed November 2016 Jing Zhu China Appointed November 2016 Senior leadership team Jimmy Smith Canada Director general Appolinaire Djikeng Cameroon Director, BecA-ILRI Hub Chris Jones UK Program leader, Feed and Forage Development Iain Wright UK Deputy director general, Integrated Sciences Misja Brandenburg Netherlands Director of Corporate Services Shirley Tarawali UK Assistant director general, Planning and Partnerships Siboniso Moyo Zimbabwe Director general’s representative in Ethiopia Steve Kemp UK Program leader, Animal Biosciences Stella Kiwango Tanzania Director, People and Organizational Development Thomas Randolph USA Director, CGIAR Research Program on Livestock and Fish Vish Nene UK Director, Vaccines Platform Dieter Schillinger Germany Assistant director general, Biosciences (joined September 2016) Advocates Auditors Oraro & Co Advocates Ernst & Young LLP ACK Garden Annex, 6th Floor Certified Public Accountants 1st Ngong Avenue Kenya Re Towers, Upper Hill, off Ragati Road PO Box 51236–00200 PO Box 44286–00100 Nairobi, Kenya Nairobi, Kenya Address International Livestock Research Institute International Livestock Research Institute Box 30709, Nairobi 00100 Kenya Box 5689, Addis Ababa, Ethiopia Phone +254 20 422 3000 Phone +251 11 617 2000 Fax +254 20 422 3001 Fax +251 11 667 6923 Email ilri-kenya@cgiar.org Email ilri-ethiopia@cgiar.org ilri.org International Livestock Research Institute 1 Board of Trustees Falvey’s experience includes corporate governance, academic leadership and international research. He is fascinated by interactions between the social and technological sciences in livestock and animal welfare. Previously chair of the external review of ILRI in 2006, his career has also included: CEO of Coffey-MPW; Dean of Land and Environment at the University of Melbourne; and director of Hassad Australia. A Fellow of the Academy of Technological Sciences, and of Clare Hall at the University of Cambridge, Falvey holds three doctorates; a PhD from the University of Queensland, a higher doctorate from the University of Melbourne and an honorary doctorate from Thaksin University. Lindsay’s 15 books and more than 150 papers deal with livestock and socio-cultural subjects. Lindsay Falvey, chair Smith was appointed director general of ILRI in April 2011. Before joining ILRI, he worked for the World Bank leading the Bank’s Global Livestock Portfolio. Previously, he held senior positions at the Canadian International Development Agency (2001–2006). Earlier in his career, he worked at ILRI and its predecessor, the International Livestock Centre for Africa (1991–2001). Smith is a graduate of the University of Illinois where he completed a PhD in animal sciences. He is an ex-officio member of the Board of Trustees. Jimmy Smith, ex-officio, director general Prior to his appointment as principal secretary at the State Department of Livestock in the Kenyan Ministry of Agriculture Livestock and Fisheries in December 2015, Tuimur worked for the Agricultural Development Corporation for nearly 30 years, rising to be Managing Director. His career has spanned the government, private and academic sectors. In addition to his roles at the Agricultural Development Corporation, he was chairman of the National Standards Council (2000–2003). He has served on the Insurance Advisory Board of Directors (1999–2002) and on the board of the Agro-Chemical and Food Company Limited. He has an MSc from the University of Edinburgh, and a BVM from the University of Nairobi. He joined the Board representing the Government of Kenya in February 2016. Andrew Tuimur, trustee 2016 Financial Statements 2 Babiuk is vice-president for research at the University of Alberta, Canada. As vice-president, he has consistently fostered research that crosses traditional disciplinary boundaries by, for example, supporting collaborations between social scientists and medical, agricultural and engineering researchers. Before joining the University of Alberta, he built up a research institute—the Vaccine and Infectious Disease Organization (VIDO), at the University of Saskatchewan—which became internationally recognized as a leader in new vaccine development. He holds a master’s degree in soil microbiology and a PhD in virology from the University of British Columbia and a DSc from the University of Saskatchewan’s Department of Veterinary Microbiology. He joined the Board of Trustees in November 2010. Lorne Babiuk, trustee Khatijah is a professor at Universiti Putra Malaysia. She was formerly the Deputy Secretary General at the Ministry of Science, Technology and Innovation, Malaysia. Her major research interest is in the molecular biology of Newcastle disease virus (NDV) and other paramyxoviruses. Her research has further expanded into the understanding of virus-cancer cell interactions. She is a fellow of the Academy of Sciences Malaysia, the Islamic World Academy of Sciences and TWAS. She has received several honours including the 2005 Carlos Finlay Prize for meritorious work in microbiology by UNESCO. She joined the Board of Trustees in April 2010. Khatijah Yusoff, trustee Ly is animal production and health officer at the FAO Regional Office for Africa, in Accra. He holds a veterinary doctorate from the Inter-States School of Sciences and Veterinary Medicine, in Dakar and a master’s degree in agricultural economics from Michigan State University, USA. He first worked with the Senegalese Agricultural Research Institute and from 1988 as lecturer-researcher at the Rural Economics and Management Unit of EISMV. Earlier, he was chief of the Biological Sciences and Animal Productions Department of EISMV and director general of the International Trypanotolerance Centre in the Gambia. He joined the Board of Trustees in November 2011. Cheikh Ly, trustee International Livestock Research Institute 3 Petersen is a marketing, brand, business and product manager for Land O’Lakes Purina Feed, leading the company’s marketing of feed for cattle, dairy cows and swine. Trained in physiology and poultry feed research in the UK and Australia, she has considerable experience in the feed sector, including market analysis and strategy development in a private sector context in Switzerland and the United States. She brings a unique blend of private sector, feeds research, business development and marketing skills to ILRI’s Board. She joined the Board of Trustees in November 2012. Suzanne Petersen, trustee Gebregziabher was appointed State Minister for Livestock and Fishery in 2013. He has a profound experience in Ethiopia’s livestock sector. He has BSc and MSc degrees from Haramaya University. During his MSc studies, he was a graduate fellow in animal production at ILRI. After gaining research experience in animal production, he completed a PhD in dairy animal breeding at Kasetsart University. He has more than 25 years research experience, and he served in the Oromia and Tigray agricultural research institutes in different research and administrative positions. His most recent position was Director General of the Tigray Agricultural Research Institute. He joined the Board representing the Government of Ethiopia in November 2015. Gebregziabher Gebreyohannes, trustee Cooke is former director of the Policy and Technical Advisory Division (2000–2012) at the International Fund for Agricultural Research (IFAD). Before this, he was director of the Technical Centre for Agriculture and Rural Development (CTA). He brings a wealth of experience in agriculture and rural development, including aspects such as institutional appraisal, corporate planning and management of change; project identification, implementation, monitoring and evaluation; R&D management and technology transfer. He has worked in Latin America, Africa, India and Southeast Asia. He holds a PhD in biochemistry from the University of Bristol, UK. He joined the Board of Trustees in November 2012. Rodney Cooke, trustee 2016 Financial Statements 4 Golding is an independent management consultant specializing in providing governance and risk management advisory and facilitation services to multilateral and other international organizations. Until 2012, he worked for PricewaterhouseCoopers (PwC) Consulting for 25 years as a risk management consultant being admitted as a partner in 1994. From 2005-2012, he was the lead global partner for PwC’s relationships and work for the UN System and The Global Fund to Fight HIV/Aids, Tuberculosis and Malaria. He has lived in Geneva, Switzerland for 20 years. He is a chartered accountant, originally from the UK. Richard Golding, trustee Prof Jing Zhu, dean of College of Economics and Management, Nanjing Agricultural University (NAU)—a leading education and research institute in China—where she lectures and undertakes research on agricultural and rural development, particularly food security policy. Zhu obtained her PhD in Agricultural Economics from NAU in 2000 and then joined International Food Policy Research Institute as a post-doctoral research fellow. Dr Zhu has published widely in leading academic journals and was bestowed the prestigious Cheung Kong Scholar award by the Ministry of Education in China. She is currently the chair of the Agricultural and Forestry Economics and Management Disciplinary Appraisal Committee of the State Council Academic Commission of China, and a member of the Advisory Committee of Higher Education of the Ministry of Education of China, the Expertise Advisory Committee of E.O. Jing Zhu, trustee the Ministry of Agriculture of China, and the Global Future Council on Food Security and Agriculture of the World Economic Forum. She joined the Board of Trustees in November 2016. Wong is a director of two Singapore companies—Asia Venture Biotechnology Private Limited and Delafin Private Limited. She previously worked as senior financial analysis specialist at the Asian Development Bank where she led investments to improve energy efficiency in China and Mongolia. She brings expertise to the Board in the development and management of multilateral development projects, financial analysis of the viability of business models and information system conversion. She has an MBA from the University of Western Australia and is an associate chartered accountant. She joined the Board of Trustees in November 2013. Siew Fing Wong, trustee International Livestock Research Institute 5 Elsa Murano has been the director of the Norman E Borlaug Institute for International Agriculture at Texas A&M University since 2012. She joined Texas A&M in 1995 as an associate professor in the Department of Animal Science and as the associate director of the Center for Food Safety within the Institute for Food Science and Engineering. She later served as director of the centre from 1997 to 2001. During this time, Murano became a full professor and the holder of the Sadie Hatfield Professorship in Agriculture. Between 2001 and 2004, she served as Under Secretary of Agriculture for Food Safety for the US Department of Agriculture. Murano obtained her PhD in food science and technology at Virginia Polytechnic Institute and State University. Before joining Norman E Borlaug Institute, she held a number of leadership positions, including president of Texas A&M University System and dean and vice- chancellor of the College of Agriculture and Life Sciences. Murano Elsa Murano, trustee joined the ILRI Board in November 2016. Since 1998, Nimbkar has been director of the animal husbandry division of Nimbkar Agricultural Research Institute in India. She previously worked for seven years as a research scientist. She has served as board member in NGOs and private companies, including the Maharashtra Goat and Sheep Research and Development Institute, and as a member of the research advisory committee of the National Bureau of Animal Genetic Resources and the Taskforce on Animal Biotechnology. She has received a number of awards and fellowships including Government of India Award for ‘Science and Technology Innovations for Rural Development–2007. She has a PhD from the University of New England. She joined the Board in November 2015. Chanda Nimbkar, trustee Since September 2012, Lungu has been deputy vice chancellor of Mulungushi University in Zambia. Prior to this, between 1985 and 2012, she held a number of other academic positions, including head of the animal science department and dean of the School of Agricultural Sciences at the University of Zambia. In addition to serving on the Categorizing Poor Resource Farmers and Rising Food Prices taskforces, she has published over 20 academic papers and books and worked as a consultant for many international organizations. She has served on many boards, including those of the Bank of Zambia, Livestock Development Trust, the Kasisi Agricultural Training Centre, the advisory committee on science and technology of the Technical Centre for Agricultural and Rural Cooperation (CTA) and the sector advisory group of the Ministry of Science and Technology and Vocational Training in Zambia. She holds a PhD from the University of Manitoba. She joined the Board Judith Lungu, trustee in November 2015. 2016 Financial Statements 6 Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘ILRI is the co-founder, with the African Union new Partnership for Africa’s Development (AU-NEPAD), of the Biosciences eastern and central Africa (BecA-ILRI) Hub on its Nairobi campus where world-class facilities for biotechnology research are in use by ILRI, other international centres and many national partners.’ International Livestock Research Institute 77 Statement of purpose The International Livestock Research Institute roles, responsibilities and accountabilities. (ILRI) envisions a world where all people have Research by CGIAR centres is carried out in access to enough food and livelihood options to close collaboration with hundreds of partner fulfil their potential. organizations, including national and regional research institutes, civil society organizations, ILRI’s mission is to improve food and nutritional academia and the private sector. security and to reduce poverty in developing countries through research for efficient, safe and CGIAR Research Programs (CRPs): In 2011, sustainable use of livestock—ensuring better lives CGIAR introduced a new programmatic-based through livestock. approach to doing business. The donors to CGIAR, represented at that time by the Fund ILRI’s three strategic objectives are: Council, approved the creation of 16 CRPs 1. With partners, to develop, test, adapt and (including the CRP for Genebanks), each was promote science-based practices that—being led by a designated CGIAR centre (lead centre) sustainable and scalable—achieve better lives which was responsible, through a Program through livestock. Implementation Agreement (PIA), for overseeing 2. With partners, to provide compelling scientific the implementation of the CRP by - and for evidence in ways that persuade decision all payments to, and reporting from program - makers—from farms to boardrooms and participants. Program participants include other parliaments—that smarter policies and bigger CGIAR centres that are subcontracted by the lead livestock investments can deliver significant centre via a Program Participant Agreement (PPA) socio-economic, health and environmental or other suitable contracting arrangements. dividends to both poor nations and households. ILRI leads the CGIAR Research Program (CRP) 3. With partners, to increase capacity among on Livestock and Fish, and leads an important ILRI’s key stakeholders to make better use of component of the CGIAR Research Program on livestock science and investments for better Agriculture for Nutrition and Health that deals lives through livestock. with the prevention and control of agriculture- associated diseases. It also contributes to six ILRI is the co-founder, with the African Union other CGIAR Research Programs (www.ilri.org/ New Partnership for Africa’s Development (AU- crp). Staff members work in integrated sciences NEPAD), of the Biosciences eastern and central and biosciences programs that develop and Africa (BecA-ILRI) Hub on its Nairobi campus deliver science-based practices, provide scientific where world-class facilities for biotechnology evidence for decision-making and develop research are in use by ILRI, other international capacities of livestock-sector stakeholders. centres and many national partners. Partnership research CGIAR ILRI works with partners worldwide to enhance ILRI is one of 15 CGIAR research centres, a global the roles that livestock play in food security and research partnership that unites organizations poverty alleviation, principally in Africa and Asia. engaged in research for a food-secure future. The outcomes of these research partnerships help CGIAR research is dedicated to reducing poverty, people in developing countries keep their farm enhancing food and nutrition security, and animal’s alive, increase and sustain their livestock improving natural resources and ecosystem and farm productivity, find profitable markets services. CGIAR’s governance model distributes for their animal products, and reduce the risk of strategic direction, governing and advisory livestock-related diseases. functions among several entities, reflecting the diversity of stakeholders within the CGIAR System As a relatively small institute with a large global and the critical importance of ensuring that the mandate, partnership remains the institute’s voices of partners inform actions and decisions. fundamental modus operandi. The institute’s Built on a strong partnership between CGIAR current strategy requires that ILRI increases the centres and donors, the governance model range as well as the number of its partners. focuses on enabling the centres and partners to conduct high-quality research for development based on a solid foundation of clearly defined 2016 Financial Statements 8 Locations and staff using a three-window modality. For Window ILRI is co-hosted by the governments of Kenya and 1, funds are allocated to CRPs, payment of Ethiopia and has offices in 10 other countries in system costs and any other use required to Africa (Botswana, Burkina Faso, Burundi, Ghana, achieve CGIAR’s mission. Window 2 funds are Mali, Mozambique, Nigeria, Tanzania, Uganda, contributions designated by fund donors to one and Zimbabwe); 4 offices in Asia (China, India, or more specific CRPs. Window 3 funds are Pakistan, and Vietnam), and 2 other hosting contributions designated by the fund donors to locations: Costa Rica and Scotland. In 2016, individual CGIAR centres for specific pieces of ILRI had 693 permanent staff. Most of the staff work. Bilateral funds are from a large group of members (82%) are nationally recruited largely public, governmental, foundations and private from Kenya and Ethiopia. Out of the total number organizations from the North and South. In-kind of permanent staff, 127 were internationally support from national partners, particularly Kenya recruited staff comprising 34% female. An and Ethiopia, as well from other countries and increasing number of scientists at ILRI hold joint international collaborators, is substantial and appointments with other partner institutions. vital. This mix of generic, specific and in-kind resources is essential for the partnership research Governance ILRI conducts. The Board of Trustees (the Board) comprises 14 outstanding professionals with particular ILRI acknowledges the countries and expertise in the fields of livestock science, organizations that supported ILRI research in agricultural research, development, and corporate 2016, which are listed in Exhibits 1 through II. management. The Board serves as the governing The institute could not have advanced its mission body of the institute primarily through its without their intellectual as well as financial governance and oversight roles of ensuring that support. ILRI functions to the highest standard to execute its mission and deliver on its strategy. The Board Signed on behalf of the Board of Trustees by: ensures that plans and programs are appropriate for carrying out ILRI’s mandate, that they are in line with CGIAR priorities, and that they are aligned with the institute’s mission. The Board has fiduciary responsibility for ILRI’s financial resources. _______________________________ Funding ILRI is financed by CGIAR, major multilateral Jimmy Smith and bilateral donors, foundations, and Director general governments. Funding for the CRPs is disbursed 25 April 2017 693 82% STAFF NATIONALLY RECRUITED FROM KENYA & ETHIOPIA 127 34% FEMALE International Livestock Research Institute 9 Corporate governance The basic principles and rules concerning the safety practices of the institute. It avoids entering organization and operation of the Board of into matters that are properly the preserve of Trustees of the International Livestock Research management. Institute (ILRI) are laid down in the institute’s Constitution and in the Board’s rules of The Nominations and Governance Committee governance. advises the Board on its composition, functioning and governance and guides the processes for The Board comprises six committees: (a) Program selection and recruitment of the director general. Committee, (b) Finance Committee, (c) Audit and The Executive Committee acts for the full Board Risk Committee, (d) Human Resource Committee, in between Board meetings and on matters (e) Nominations and Governance Committee, and which the Board delegates to it. It is comprised (f) Executive Committee. of the Board chair, the committee chairs, and the director general. Purpose of the committees The Program Committee addresses all matters Membership of the Board committees regarding the conception, elaboration, The Program and Finance committees of the implementation and evaluation of the institute’s Board are made up of all Board members. The programs of research, training and information. Audit and Risk and Human Resource committees The committee provides directives concerning have members proposed by the Nominations program orientation or conduct for the benefit and Governance committee, and approved of the director general and senior management. by the Board. The Board Executive Committee It also advises on optimising program consists of the Board chair, and chairs of all implementation and related matters. other committees, and the director general. The nominations and governance committee is made The Finance Committee ensures that the Board up of chairs of all committees and is chaired by in fulfils its fiduciary responsibilities related to the Board chair. the budget preparation, budget execution, and financial systems and management reporting Frequency of Board meetings practices of the institute. The committee carries The Board of Trustees meets twice a year in April out its work against the backdrop of the institute’s and in November. In 2016, the April meeting was research strategies, its operating procedures, and held in Addis Ababa, Ethiopia and the November policies as approved by the Board. meeting in Nairobi, Kenya. The Audit and Risk Committee is responsible External audit for advising ILRI’s Board on all matters relating ILRI’s auditors are appointed by the Board for a to ILRI’s financial reporting and procedures, period of four years. The current auditors, Ernst & internal control and audit systems, standard Young LLP, were appointed in July 2015 for the operating procedures, external audit appointment first four-year term subject to performance. The and functions, compliance and risk assessment external auditors present and discuss the annual and management. The committee reviews and financial audited reports with the Audit and Risk recommends Board approval or rejection of the Committee in the April Board meeting. external audit report on the institute’s annual financial statement. The committee may request information or commission investigations into matters within its scope from internal and external auditors, and if necessary appoint independent consultants/counsel. Lindsay Falvey The Human Resource Committee provides Chair, Board of Trustees assistance to the Board in fulfilling its 25 April 2017 responsibilities related to policies concerning the human resources and occupational health and 1 The list of Board members includes those joining and leaving during 2016, thus more than 14 members are listed on page 1 2016 Financial Statements 10 Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘Livestock sustain most forms of agricultural intensification—from the Sahelian rangelands of West Africa to the mixed smallholdings in the highlands of East Africa to highly intensified rice production in Asia. Research is helping farmers exploit the potential of their animals to turn the nutrient cycling on their farms faster and more efficiently.’ International Livestock Research Institute 1111 2016 financial statements 2016 Financial Statements 12 Six-year financial review 2016 2015 2014 2013 2012 2011 CGIAR USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 benchmarks Income 76,181 76,734 87,033 67,788 58,158 43,869 Expenses (84,510) (81,541) (95,333) (73,562) (62,655) (46,722) Overhead recovery 7,485 6,946 9,309 8,195 6,087 3,765 Surplus/ (loss) (844) 2,139 1,009 2,421 1,590 912 Non-current 10,713 10,191 9,238 9,041 9,032 7,986 Current 82,420 88,311 94,845 93,721 86,619 72,545 Total assets 93,133 98,502 104,083 102,762 95,651 80,531 Net assets and liabilities Net assets 35,388 36,229 34,148 33,273 30,726 28,658 Non-current liabilities 5,220 5,200 4,818 3,898 3,601 3,310 Current liabilities 52,526 57,072 65,117 65,591 61,324 48,563 Total net assets and liabilities 93,133 98,502 104,083 102,762 95,651 80,531 Short-term stability indicator (days) CGIAR Min 165 173 142 157 186 212 (liquidity) 90-120 days CGIAR Min Long-term stability indicator (days) 113 120 101 119 136 144 75-90 days Cash management of restricted 20% 33% 23% 17% 15% 27% <100% operations Current ratio 1.6 1.5 1.5 1.4 1.4 1.5 International Livestock Research Institute 13 Expenses by natural classification USD’000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - 2009 2010 2011 2012 2013 2014 2015 2016 Personnel Collaborators - CGIAR Collaborators - Non CGIAR Supplies and services Travel Depreciation Net assets USD’000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 - 2009 2010 2011 2012 2013 2014 2015 2016 Undesignated reserves Designated reserves Liquidity-days 250 200 150 100 50 - 2009 2010 2011 2012 2013 2014 2015 2016 Short-term solvency (days)-{90} Long-term financial stability (days)-{75} 2016 Financial Statements 14 Statement by the chair of the Board of Trustees FOR THE YEAR ENDED 31 DECEMBER 2016 ILRI’s research portfolio in 2016 has remained as funding through Windows 1 and 2 remains a relevant and vibrant as ever, with highlights of the relatively small part (27%) of the institute’s total year including a number of high-profile media income of USD 76 million and thus, both the features on the institute’s work, not least of which Board and management consider that raising was the receipt of the 2016 Norman Borlaug new bilateral resources to ensure the institute Award for Field Research and Application by ILRI continues to deliver on its mandate and mission scientist Andrew Mude for his work with partners remains paramount. The Board is confident that on Index-Based Livestock Insurance. management has robust strategies to address these challenges, and that the consolidation of the Much of 2016, was devoted to developing a institute’s research programs agreed in late 2016 new portfolio of CGIAR Research Programs and to begin from 2017 will further strengthen its (CRPs) to begin in 2017. Alongside this, a new position and ability to raise resources. governance structure for CGIAR was put in place from 1 July 2016 and the ILRI Board chair In 2016, the Board held two Board meetings. and director general were closely involved in The first, in April in Addis Ababa, Ethiopia and deliberations that informed the final construct of the second in November in Nairobi, Kenya. these arrangements. In June 2016, the ILRI Board The former availed the opportunity for Board confirmed its approval of the System Charter members to visit the campus premises, where which came into effect from 1 July 2016, and 10 of the other CGIAR centres are hosted, and states that: ‘the “Consortium of International to learn about ongoing research in Ethiopia. The Agricultural Research Centers’ (Consortium) Independent Science and Partnership Council had will operate as the CGIAR System Organization, met in Addis Ababa the week prior to the Board with its constituent parts: (a) the CGIAR System meeting and ILRI had played a significant role in Management Board, and (b) CGIAR System facilitating the meeting and the Board chair had Management Office”’. The institute led the received, on behalf of ILRI, a plaque recognizing preparation of the proposal for the Livestock this. Agri-food Systems CRP, with the full proposal submitted in March 2016, followed by review and Two new members joined the Board in 2016: revision process between June and September. Jing Zhu, from China, is professor and dean, The Livestock CRP was among the portfolio of College of Economics and Management, programs approved by the System Council in Nanjing Agricultural University (NAU), Nanjing November 2016, with two of the five flagships and Cheung Kong Scholars chair, Ministry of (FP3 on Livestock Feeds and Forages and FP5 on Education and Elsa Murano, from USA, is director, Livestock Livelihoods and Agri-food Systems) not Norman E. Borlaug Institute for International supported with Window 1/2 funding for 2017. Agriculture, Texas A&M University. Khatijah Yusoff Processes to revise and reinstate the unsupported from Malaysia completed her two terms on the flagships will be developed during the early part Board in April 2016. of 2017. In addition to leading the Livestock CRP, ILRI is a tier 1 partner in Agriculture for Nutrition The Board addressed a number of important issues and Health and Climate Change Agriculture and in 2016 including the following: Food Security as well as the Genebanks platform. • Advising and reviewing the proposal and ILRI is a tier 2 partner in Policies, Institutions and subsequent revisions for the Livestock Agri- Markets, Water, Land and Ecosystems, and the food Systems CGIAR Research Program platforms on Excellence in Breeding and Big Data/ • Requesting management to conduct a ‘light’ ICT. It is likely ILRI will be a tier 2 partner in the review of the ILRI strategy in the first quarter Dryland Cereals and Grain Legumes CRP once of 2017. this is approved. • Policies approved: - Revisions to the supply management policy The new portfolio of CRPs to begin in 2017 including improved procurement processes present important opportunities for ILRI’s research that respond to changes in the internal and and indeed, the livestock sector to contribute to external environment in which ILRI operates. the Sustainable Development Goals. Nevertheless, International Livestock Research Institute 15 - Revised ILRI policies on anti-fraud and USD 76.2 million against expenditure of USD 77 anti-corruption (new clauses specifically on million resulting in a deficit of USD 0.8 million. fraud awareness, building fraud prevention The institute’s undesignated net assets at the end into program and project design/framework, of 2016 amount to USD 20.499 million (total net management of risk of fraud and corruption assets amount to USD 35.4 million) with liquidity and fraud risk assessment) and management and operational reserve levels above CGIAR policy which include new risk ratings and recommended ranges. score chart, policies and procedures, partners and related policies. The uncertainty of 2015, especially with regard to ILRI’s funding continued through 2016, and I certify that, to the best of my knowledge and management continues to execute responsive belief, and careful planning to ensure that the institute 1 All members of the Board of Trustees, and will remain in a robust position to deliver on its any centre staff as may be required under mission. The role of livestock in relation to global the centre’s policies, have made a signed development issues continues to become more declaration of conflicts of interests, whether prominent, reinforcing the Board’s confidence that perceived or actual, and appropriate action resources to support the institute’s agenda will has been taken to manage any such conflicts; be forthcoming. The Board would like to thank 2 The Board of Trustees has carried out an all ILRI staff for their continued commitment and annual evaluation of the director general’s hard work. performance in accordance with the centre’s human resource policies; On behalf of the members of the Board, I thank 3 The Board of Trustees has carried out an our investors and partners for their confidence annual evaluation of the performance of and support that is allowing the institute to fulfil the Board chair, the Board secretary and its mission. the overall functioning of the Board and its committees; and 4 The Board and all committees have complied with their respective mandate and terms of reference. ________________________________ The Board is pleased to note the continued financial health and stability and the sound and Lindsay Falvey prudent management of the institute’s financial Chair, Board of Trustees resources. In 2016, ILRI had an operating budget 25 April 2017 of USD 86 million. Revenue in 2016 amounted to 1 The list of Board members includes those joining and leaving in 2016, thus more than 14 members are listed on page 1 2016 Financial Statements 16 Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘The Board addressed a number of important issues in 2016 including advising and reviewing the proposal and subsequent revisions for the Livestock Agri-food Systems CGIAR Research Program.’ Lindsay Falvey, Chair, Board of Trustees. International Livestock Research Institute 1177 Statement of management responsibilities Management is required to prepare consolidated financial statements for each financial year, which give a true and fair view of the state of affairs of the institute and its subsidiary as at the end of the financial year and of the consolidated results of activities and cash flows of the institute and its subsidiary for that year. Management is also required to ensure that the institute keeps proper accounting records, which disclose with reasonable accuracy at any time the financial position of the institute and its subsidiary. They are also responsible for safeguarding the assets of the institute and its subsidiary. Management is responsible for the preparation and fair presentation of these financial statements in accordance with CGIAR Financial Guideline Series No. 2–Accounting Policies and Reporting Practices Manual (February 2006 and supplemented by the 2016 Advisory Note) and for such internal controls as Trustees determine are necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Management accepts responsibility for the annual financial statements, which have been prepared using appropriate accounting policies supported by reasonable and prudent judgements and estimates, in conformity with CGIAR Financial Guideline Series No. 2–Accounting Policies and Reporting Practices Manual. Management is of the opinion that the financial statements give a true and fair view of the state of the financial affairs of the institute and its subsidiary and of its consolidated results of activities and cash flows. Management further accepts responsibility for the maintenance of accounting records, which may be relied upon in the preparation of financial statements, as well as adequate systems of internal financial control. The Board of Trustees exercises its responsibility for these financial statements through its Finance, and Audit and Risk committees. The committees interact regularly with management, internal auditors and external auditors to review matters relating to financial planning, financial reporting, risk management, internal control, and auditing. Nothing has come to the attention of management to indicate that the institute and its subsidiary will not remain going concerns for at least the next 12 months from the date of this statement. Signed on behalf of management by: _______________________ ________________________ Jimmy Smith Misja Brandenburg Director general Director of Corporate Services 25 April 2017 25 April 2017 2016 Financial Statements 18 ILRI Board statement on risk management The ILRI Board has overall responsibility for overseeing the institute’s internal control and risk management systems and for reviewing their adequacy and effectiveness in alignment with CGIAR principles and guidelines that have been adopted by all centres. This process lends support to the role of management in implementing the various policies on risk and control, which have been approved by the Board. Due to limitations inherent in any system of internal controls, these systems are designed to manage and mitigate, rather than eliminate, the respective inherent risks that exist in achieving the institute’s objectives. Therefore, such systems of internal controls and risk management can only provide reasonable, and not absolute, assurance against material misstatement or loss. The Board has delegated its authority to the Audit and Risk Committee (A&RC) to review and determine the levels of different categories of risk, whilst management and unit/program heads are delegated the responsibility to manage risks related to their respective units/programs. The process requires the unit/ program heads to identify and assess the relevant risks in terms of likelihood and magnitude of impact (each on a four-point scale), as well as to identify and evaluate the adequacy and effectiveness of applying the mechanisms in place to manage and mitigate these risks and how these change over time. Key risks which include strategic, programmatic, operational, financial, reputational, staff and stakeholder risks inherent in the nature of the Institute’s activities are identified and assessed at unit and program level, then deliberated at the institute Management Committee and significant risks are communicated to the Board at their scheduled meetings. The institute endeavours to manage risk by ensuring that mitigation actions are undertaken, which include making sure appropriate infrastructure, controls, systems and people are in place throughout the Institute. Key practices employed in managing risks and opportunities include business environmental scans, clear policies and accountabilities, transaction approval frameworks, financial and management reporting, and the monitoring of metrics designed to highlight positive or negative performance of individuals and business processes across a broad range of key performance areas. To further enhance the institute’s risk management systems, the A&RC reviewed and the Board approved an updated Risk Management Policy in November 2016. The updates were primarily to introduce scoring risks in terms of impact and likelihood so as to prioritize interventions and management, and recognize that in many cases partners’ also have a role in the successful and efficient implementation of a sound risk management system. The design and effectiveness of the risk management system and internal controls is subject to ongoing review by the institute’s Internal Audit Unit, which is independent of the business and research units, and which reports on the results of its audits directly to the director general and to the Board through the A&RC. Taken together, the Board is satisfied with the attention paid by management to risk. With regard to ILRI’s 2016 Financial Statements and the effectiveness of internal controls over financial reporting, the A&RC reviewed management’s assertions in its 2016 Management Letter (provided to the external auditors) and Management’s Statement of Responsibility for Financial Reporting included as part of the annual financial statement and its assertions that internal control are adequate. The Board also remains very alert to the impact of external events over which the institute has no control over, other than to monitor and, as the occasion arises, to provide mitigation. __________________________________ Lindsay Falvey Chair, Board of Trustees 25 April 2017 International Livestock Research Institute 19 Independent auditor’s report We have audited the accompanying financial Our opinion on the financial statements does statements of the International Livestock not cover the other information and we do not Research Institute (ILRI) set out on pages 23 to express an audit opinion or any form of assurance 75, which comprise the consolidated statement conclusion thereon. of financial position as at 31 December 2016, and the consolidated statement of activities, In connection with our audit of the consolidated consolidated statement of changes in net assets financial statements, our responsibility is to read and consolidated statement of cash flows, for the the other information and, in doing so, consider year then ended, and notes to the consolidated whether the other information is materially financial statements, including a summary of inconsistent with the financial statements or our significant accounting policies. knowledge obtained in the audit, or otherwise appears to be materially misstated. If, based on In our opinion, the accompanying consolidated the work we have performed, we conclude that financial statements give a true and fair view of there is a material misstatement of this other the consolidated financial position of ILRI as at 31 information, we are required to report that fact. December 2016, and its consolidated financial We have nothing to report in this regard. performance and consolidated cash flows for the year then ended in accordance with the CGIAR Responsibilities of management and those Financial Guideline Series No. 2-Accounting charged with governance for the consolidated Policies and Reporting Practices Manual (February financial statements 2006) and the Advisory Note for 2016. Management is responsible for the preparation and fair presentation of the consolidated financial Basis for opinion statements in accordance with CGIAR Financial We conducted our audit in accordance with Guideline Series No. 2 Accounting Policies and International Standards on Auditing (ISAs). Our Reporting Practices Manual (February 2006), and responsibilities under those standards are further the Advisory Note for 2016, and for such internal described in the Auditor’s Responsibilities for the control as management determines is necessary Audit of the consolidated financial statements to enable the preparation of consolidated section of our report. We are independent of the financial statements that are free from material Institute in accordance with the International misstatement, whether due to fraud or error. Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code). In preparing the consolidated financial statements, We have fulfilled our other ethical responsibilities management is responsible for assessing the in accordance with the IESBA Code, and in institute’s ability to continue as a going concern, accordance with other ethical requirements disclosing, as applicable, matters related to going applicable to performing audits of consolidated concern and using the going concern basis of financial statements in Kenya. We believe that the accounting unless management either intend to audit evidence we have obtained is sufficient and liquidate the institute or to cease operations, or appropriate to provide a basis for our opinion. have no realistic alternative but to do so. Other information Those charged with governance are responsible The Trustees are responsible for the other for overseeing the institute’s financial reporting information. The other information comprises processes. the Organization Information, the Statement of Purpose, Corporate Governance, the Statement Auditor’s responsibilities for the audit of the by the Chairperson of the Board of Trustees, consolidated financial statements Statement of Management Responsibilities and Our objectives are to obtain reasonable assurance the ILRI Board Statement on Risk Management. about whether the consolidated financial The other information does not include the statements as a whole are free from material consolidated financial statements and our misstatement, whether due to fraud or error, auditor’s report thereon. and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of 2016 Financial Statements 20 assurance, but is not a guarantee that an audit obtained, whether a material uncertainty conducted in accordance with ISAs will always exists related to events or conditions that detect a material misstatement when it exists. may cast significant doubt on the institute’s Misstatements can arise from fraud or error and ability to continue as a going concern. If we are considered material if, individually or in the conclude that a material uncertainty exists, aggregate, they could reasonably be expected we are required to draw attention in our to influence the economic decisions of users auditor’s report to the related disclosures in taken on the basis of these consolidated financial the financial statements or, if such disclosures statements. are inadequate, to modify our opinion. Our conclusions are based on the audit evidence As part of an audit in accordance with ISAs, we obtained up to the date of our auditor’s report. exercise professional judgement and maintain However, future events or conditions may professional scepticism throughout the audit. We cause the institute to cease to continue as a also: going concern; • Identify and assess the risks of material • Evaluate the overall presentation, structure misstatement of the consolidated financial and content of the consolidated financial statements, whether due to fraud or error, statements, including the disclosures, and design and perform audit procedures whether the consolidated financial statements responsive to those risks, and obtain audit represent the underlying transactions evidence that is sufficient and appropriate and events in a manner that achieves fair to provide a basis for our opinion. The risk presentation. of not detecting a material misstatement resulting from fraud is higher than for one We communicate with the Trustees regarding, resulting from error, as fraud may involve among other matters, the planned scope and collusion, forgery, intentional omissions, timing of the audit and significant audit findings, misrepresentations, or the override of internal including any significant deficiencies in internal control; control that we identify during our audit. • Obtain an understanding of internal control relevant to the audit in order to design The engagement partner responsible for the audit audit procedures that are appropriate in the resulting in this independent auditor’s report is circumstances, but not for the purpose of CPA Nancy Muhoya Practicing Certificate No. expressing an opinion on the effectiveness of 2158. the institute’s internal control; • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees; • Conclude on the appropriateness of the 25 April 2017 Trustees use of the going concern basis of accounting and based on the audit evidence International Livestock Research Institute 21 Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘In our opinion, the accompanying consolidated financial statements give a true and fair view of the consolidated financial position of ILRI as at 31 December 2016, and its consolidated financial performance and consolidated cash flows for the year then ended in accordance with the CGIAR Financial Guideline Series No. 2-Accounting Policies and Reporting Practices Manual (February 2006) and the Advisory Note for 2016.’ 2016 Financial Statements 22 22 Consolidated statement of financial position AT 31 DECEMBER 2016 Note 2016 2015 Assets Consolidated Consolidated USD '000 USD '000 Current assets Cash and cash equivalents 6 63,133 65,141 Accounts receivable Donors (Exhibit 1) 7 6,895 13,113 Partners 8 4,064 3,492 Other CGIAR centres 9 1,221 456 Employees 10 554 847 Others 11 2,062 1,103 Inventories–net 12 643 764 Livestock 13 1,547 1,291 Prepaid expenses 2,301 2,104 Total current assets 82,420 88,311 Non-current assets Property and equipment–net 14 10,713 10,191 Total non-current assets 10,713 10,191 TOTAL ASSETS 93,133 98,502 Liabilities and net assets Current liabilities Accounts payable Donors (Exhibit I) 15 34,333 40,336 Partners 16 4,200 2,937 Other CGIAR centres 17 768 1,267 Employees 18 2,266 2,179 Others 19 6,149 5,165 Accruals 20 4,810 5,189 Total current liabilities 52,526 57,073 Non-current liabilities Accounts payable–employees 21 5,220 5,200 Total liabilities 57,746 62,273 Net assets Undesignated 20,499 21,672 Designated 14,541 14,131 Reserves in experimental farm (Kapiti) 347 426 Total net assets 35,387 36,229 TOTAL LIABILITIES AND NET ASSETS 93,133 98,502 The consolidated financial statements were approved by the Board of Trustees on 25 April 2017 and were signed on its behalf by: __________________________ __________________________ Jimmy Smith Misja Brandenburg Director general Director of Corporate Services 25 April 2017 25 April 2017 The notes and exhibits set out on pages 25-75 form an integral part of these consolidated financial statements. International Livestock Research Institute 23 2016 Financial Statements 24 Consolidated statement of activities FOR THE YEAR ENDED 31 DECEMBER 2016 2016 2015 Unrestricted Restricted-CRP Restricted - ILRI Unrestricted Restricted-CRP Restricted - ILRI Non CRP Consolidated Non CRP Consolidated Note USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 Revenue and gains Grant revenue (Exhibit I &II) Window 1 & 2 - 20,255 - 20,255 - 25,891 - 25,891 Window 3 118 19,265 8,293 27,676 462 10,090 2,944 13,496 Bilateral - 12,500 7,213 19,713 - 14,170 13,484 27,654 Total grant revenue 118 52,020 15,506 67,644 462 50,151 16,428 67,041 Other revenues and gains 22 6,445 - - 6,445 7,646 - - 7,646 Sale of livestock 5 236 - - 236 206 - - 206 Cost of sale of livestock 5 (153) - - (153) (143) - - (143) Fair value (loss) gain on livestock 5 231 - - 231 277 - - 277 TOTAL REVENUE AND GAINS 6,877 52,020 15,506 74,403 8,448 50,151 16,428 75,027 Expenses and losses Research expenses 1,327 32,475 11,656 45,458 1,092 33,828 12,502 47,422 CGIAR collaborator expenses 979 6,889 899 8,767 - 5,958 641 6,599 Non CGIAR collaborator expenses - 6,922 1,199 8,121 - 5,036 1,668 6,704 General and administration expenses 26 1,236 5,734 1,752 8,722 1,911 5,329 1,617 8,857 Other expenses and losses 27 4,032 - - 4,032 3,349 - - 3,349 Kapiti expenses 5 395 - - 395 418 - - 418 TOTAL OPERATING EXPENSES 7,969 52,020 15,506 75,495 6,770 50,151 16,428 73,349 Financial income 23 1,779 - - 1,779 1,707 - - 1,707 Financial expenses 23 (1,531) - - (1,531) (1,246) - - (1,246) Surplus (deficit) (844) - - (844) 2,139 - - 2,139 The notes and exhibits set out on pages 25-75 form an integral part of these consolidated financial statements. International Livestock Research Institute 25 Consolidated statement of changes in net assets FOR THE YEAR ENDED 31 DECEMBER 2016 Consolidated Designated Designated Designated Staff Adjustment of ILRI Adjustment of undesignated investment in replacement of Development investment in designated reserves in reserve fixed assets centre assets Fund subsidiary reserves Kapiti Total USD ‘000 USD ‘000 USD ‘000 USD‘000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 At January 2015 21,048 9,110 4,794 450 (1,816) 12,538 562 34,148 Surplus for the year 2,217 - - - - - (78) 2,139 Exchange translation - - - - - - (58) (58) Staff Development Fund transfer 450 - - (450) - (450) - - Total comprehensive income for the year 2,667 - - (450) - (450) (136) 2,081 Centre fixed assets replacement ** (1,110) - 1,110 - - 1,110 - - Net change in investment in fixed assets (933) 933 - - - 933 - - Balance as at December 2015 21,672 10,043 5,904 - (1,816) 14,131 426 36,229 At January 2016 21,672 10,043 5,904 - (1,816) 14,131 426 36,229 DeficitSurplus for the year (763) - - - - - (81) (844) Exchange translation * - - - - - - 2 2 Staff Development Fund transfer - - - - - - - Total comprehensive income for the year (763) - - - - - (79) (842) Centre fixed assets replacement 127 - (127) - - (127) - - Net change in investment in fixed assets (537) 537 - - - 537 - - Balance as at December 2016 20,499 10,580 5,777 - (1,816) 14,541 347 35,387 *Exchange translation on opening reserves in subsidiary and opening balance on assets ** Funds from sale of Arboretum house set aside for construction of residential houses in Nairobi campus. The notes and exhibits set out on pages 25-75 form an integral part of these consolidated financial statements Consolidated statement of cash flows FOR THE YEAR ENDED 31 DECEMBER 2016 Note 2016 2015 Consolidated Consolidated USD '000 USD '000 CASH FLOWS FROM OPERATING ACTIVITIES Change in net assets (844) 2,139 Depreciation of property and equipment 14 1,495 1,758 Loss/(gain) on disposal of property and 14 18 113 equipment Exchange difference on subsidiary’s opening reserves (2) 58 (Increase)/decrease in fair value of livestock - (130) Other fixed assets movement - (805) (Increase)/decrease in current assets: Accounts receivable Donors 6,218 (2,071) Advances to partners (572) (2,058) Other CGIAR centres (765) 118 Employees 293 (129) Others (959) (353) Inventories 121 (53) Livestock (256) (130) Prepaid expenses (197) (174) Increase/(decrease) in current liabilities: Accounts payable Donors (6,003) (7,555) Advances to partners 1,263 1,444 Other CGIAR centres (499) 667 Employees 107 166 Others 984 736 Accruals (379) (3,094) Net cash generated from/(used in) operating activities 23 (9,353) CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of property and equipment (2,031) (2,030) Net cash used in investing activities (2,031) (2,030) DECREASE IN CASH AND CASH EQUIVALENTS (2,008) (11,383) CASH AND CASH EQUIVALENTS At the beginning of the year 65,141 76,524 At the end of the year 6 63,133 65,141 The notes and exhibits set out on pages 25-75 form an integral part of these consolidated financial statements. 2016 Financial Statements 26 Notes to the consolidated financial statements 1. REPORTING ENTITY all payments to, and reporting from—program participants. Program participants included other Creation and status of ILRI CGIAR centres that were subcontracted by lead The International Livestock Research Institute centres via a Program Participant Agreement (PPA) (ILRI) was created as an international organization or other suitable contracting arrangements. This by an agreement dated 21 September 1994 programme came to an end in December 2016. signed in Berne, Switzerland, by the governments Much of 2016 was devoted to developing a of Switzerland, Denmark, Sweden, Kenya and new portfolio of CGIAR research programs to Ethiopia and the United Nations Environment begin in 2017. Alongside this, a new governance Programme. On 1 January 1995, all the activities, structure for CGIAR was put in place from 1 assets, liabilities and fund balances of the July 2016 and ILRI Board confirmed approval of International Laboratory for Research on Animal the System Charter which came into effect from Diseases (ILRAD) based in Nairobi, Kenya, and 1 July 2016, and states that: ILRI is a CGIAR the International Livestock Centre for Africa (ILCA) research centre, operating under the name CGIAR based in Addis Ababa, Ethiopia, were transferred System. The institute led the preparation of the to ILRI. proposal for the Livestock Agri-food Systems CGIAR Research Program which was among the ILRI operates under agreements entered into with portfolio of programs approved by the System the governments of the respective host countries Council in November 2016. In addition to leading (Kenya and Ethiopia). the Livestock CRP, ILRI is a tier 1 partner in Agriculture for Nutrition and Health and Climate The Government of Kenya (1974) and the Change Agriculture and Food Security as well as Government of Ethiopia (1976) made available to the Genebanks platform. ILRI is a tier 2 partner in ILRI leasehold land of approximately 70 hectares Policies, Institutions and Markets, Water, Land and and 32 hectares, respectively. Ecosystems, and the platforms on Excellence in Breeding and Big Data/ICT. It is likely ILRI will be ILRI is a CGIAR research centre, operating under a tier 2 partner in the Dryland Cereals and Grain the name CGIAR System Organization since 1 Legumes CRP once this is approved. July 2016. CGIAR System Organization is a global research partnership for a food-secure future. The financial statements of ILRI have been System Organization advances international consolidated with the financial statements of its agricultural research for a food-secure future by subsidiary–Kapiti Plains Estate Limited. integrating and coordinating the efforts of those who fund research and those who do the research. Subsidiary–Kapiti Plains Estate Limited The CGIAR System Organization is governed by Kapiti Plains Estate Limited is a wholly owned the Charter CGIAR System Organization, and in subsidiary of ILRI purchased in 1981 and collaboration with the CGIAR System Council, registered under the Companies Act of Kenya. provides governance to the CGIAR System. The company operates a ranch that was acquired primarily to support the research needs of ILRI. For more information see http://www.cgiar.org/ The subsidiary sells surplus livestock to third about-us/our-governance/system-organization parties. CGIAR Research Programs (CRPs) 2. SUMMARY OF SIGNIFICANT ACCOUNTING In 2011, CGIAR introduced a new programmatic- POLICIES based approach to doing business. The donors to CGIAR, represented by the Fund Council (a) Basis of preparation then approved the creation of 16 CRPs The financial statements have been prepared (including the CRP for Genebanks), each was in accordance with the Consultative Group on led by a designated CGIAR centre (lead centre) International Agricultural Research (CGIAR) which was responsible, through a Program Financial Guideline Series No. 2 - Accounting Implementation Agreement (PIA), for overseeing Policies and Reporting Practices Manual (February the implementation of the CRP by—and for 2006) and the annual Advisory Note issued by International Livestock Research Institute 27 Notes to the consolidated financial statements (cont’d) the CGIAR Consortium Office for 2016 financial (d) Use of estimates and judgments statements. CGIAR financial guidelines borrow The preparation of financial statements involves heavily from the International Financial Reporting the use of estimates and assumptions that affect Standards (IFRS). the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities The consolidated financial statements are at the date of the financial statements and the prepared under the historical cost basis and on reported amounts of revenues and expenses an accruals basis, except for biological assets during the reported period. Although these belonging to the subsidiary modified to include estimates are based on the management’s best the carrying of at fair value. knowledge of current events and actions, actual results ultimately may differ from the estimates. (b) Basis of consolidation The consolidated financial statements comprise The estimates and underlying assumptions are the financial statements of the institute and its reviewed on an ongoing basis. Revisions to subsidiary, Kapiti Plains Estate Limited, in which accounting estimates are recognized in the period the institute holds 100% of the voting rights as at in which the estimate is revised if the revision 31 December 2016. affects only that period or in the period of the revision and future periods if the revision affects Control is achieved when the institute is both current and future periods. exposed, or has rights, to variable returns from its involvement with the investee and has the ability In particular, information about significant areas to affect those returns through its power over the of estimation and critical judgement in applying investee. Specifically, the institute controls an accounting policies that have the most significant investee if, and only if, the institute has: effect on the amounts recognized in the financial statements are described in Note 4. • Power over the investee (i.e., existing rights that give it the current ability to direct the (e) Revenue recognition relevant activities of the investee). Revenue is recognized to the extent that it is • Exposure, or rights, to variable returns from its probable that the economic benefits will flow involvement with the investee. to the group and the revenue can be reliably • The ability to use its power over the investee measured, regardless of when the payment is to affect its returns. received. Revenue is measured at the fair value of the consideration received or receivable, Subsidiaries are entities controlled by the group. taking into account contractually defined terms The group controls an entity when it is exposed of payment and excluding taxes or duty. The to, or has rights to variable returns from its group assesses its revenue arrangements against involvement with an entity and has the ability to specific criteria in order to determine if it is acting affect those returns through its power over the as principal or agent. The group has concluded entity. The financial statements of the subsidiary that it is acting as a principal in all of its revenue are included from the date on which control arrangements. commences until the date on which control ceases. Revenue is the gross inflow of economic benefits during the period arising in the course of the Intra-group balances and any unrealized income ordinary activities of a CGIAR centre, where those and expenses arising from intra-group transactions inflows result in increases in net assets. The major are eliminated on preparing consolidated portion of a centre’s revenue is derived through financial statements. the receipts of donor grants–either ‘Unrestricted’ or ‘Restricted’. (c) Functional and presentation currency The consolidated financial statements are Unrestricted grant revenue arises from the presented in United States dollars and all values unconditional transfer of cash or other assets are rounded to the nearest thousand (USD ‘000), to ILRI. Restricted grant revenue arises from a which is the institute’s functional currency. transfer of resources to ILRI in return for past 2016 Financial Statements 28 Notes to the consolidated financial statements (cont’d) or future compliance related to the operating (h) Accounts receivable activities of the institute. Unrestricted grants These are non-derivative financial assets with are recognized upon receipt of confirmed fixed or determinable payments that are not commitment. Restricted grants are recognized as quoted in an active market. revenue upon the fulfilment of donor-imposed conditions. Revenue associated with the They are included in current assets, except for transaction is recognized by making reference maturities greater than 12 months after the end to the stage of completion of the transaction at of reporting period. Accounts receivable from the reporting date. When the outcome of the donors, partners, other CGIAR centres, employees transaction cannot be estimated reliably, revenue and other entities are carried at anticipated is recognized only to the extent of the expenses realizable value. An allowance is made for that are recoverable. Other revenues and gains are doubtful receivables based on a review of all recognized as they are earned. outstanding amounts at the year-end. Bad debts are written off during the year in which they (f) Currency translation are identified as irrecoverable. The write-off of The institute’s financial statements are presented receivables is carried out after all efforts to collect in United States dollars (USD). Transactions and have been exhausted. balances expressed in currencies other than the USD are treated as follows: i) Accounts receivable–donors Accounts receivable from donors consist of i) Non-USD grants and donations received amounts due from restricted grants that have in the year are converted to USD at the been negotiated between the donor and the exchange rates prevailing on the dates of CGIAR centre. It also pertains to claims from receipt. Non-USD grants and donations donors for expenses paid on behalf of projects pledged for the year but not received by in excess of cash received. the year-end are recognized in the financial ii) Accounts receivable–partners statements at the exchange rates prevailing at the year-end. This includes advances made to other ii) Non-USD denominated expenditures are organizations including CGIAR centres for recorded at the exchange rates prevailing for carrying out research. The balance reflects the month in which they are incurred and are balances not accounted for by 31 December accumulated in USD. 2016. iii) Assets and liabilities denominated in iii) Accounts receivable–other CGIAR centres This currencies other than the USD are translated includes amounts not paid by CGIAR centres into USD at the exchange rates prevailing at for hosting services in ILRI’s two campuses in the year end. Ethiopia and Kenya. iv) Gains and losses arising from changes in iv) Accounts receivable–employees exchange rates are charged to the statement of Accounts receivable from employees consist activities in the year in which they arise. of advances made to officers and employees v) On consolidation, exchange translation for travel, benefits, salary, loans, etc. on opening reserves in the subsidiary is v) Accounts receivable–others recognized in other comprehensive income Accounts receivable from others consist of and in the translation reserves in the net advance payments to suppliers, consultants assets. and other third parties. (g) Cash and cash equivalents (i) Property and equipment Cash equivalents are short-term, highly liquid Property and equipment whose full cost exceeds investments that are both readily convertible to USD 3,000 and which ILRI has purchased using known amounts of cash and so near maturity date unrestricted funds and can use in the production that they present insignificant risk of changes in or supply of goods or services or for administrative value. services for more than one year are capitalized and stated at acquisition cost less accumulated depreciation and accumulated impairment losses. International Livestock Research Institute 29 Notes to the consolidated financial statements (cont’d) Acquisition cost includes the direct purchase price Farm works 5% and incidental costs such as freight, insurance, installation and handling charges. Subsequent Buildings and land 3% (33 years) material expenditure that extends the useful life improvements or enhances the operating efficiency of an item of Laboratory and 10–15% (7–10 years) property and equipment is capitalized. The cost scientific equipment on an item by item of normal repairs and maintenance of existing basis property and equipment is recognized as an operating expense in the statement of activities. ICT equipment 33.33% (3 years) Office and household 20% (5 years) Any property and equipment acquired using furniture and restricted funds are expensed upon purchase as equipment guided by IAS 20 paragraph 20 and 21. Farm equipment 10% (10 years) Construction work in progress is capitalized as Motor vehicles 20% (5 years) work-in-progress but depreciation starts only Software 33.33% (3 years) when the work is complete and the facility is put into use. Depreciation of acquired assets starts in the month that the assets are placed in operation and All immovable assets constructed or carried on continues until the assets are fully depreciated leasehold land donated by host countries have or their use discontinued. Depreciation charge is been capitalized as assets of the institute. ILRI time-apportioned in the year of disposal of items has the right to negotiate for extension of leases of property and equipment. under the host country agreements upon expiry of the current leases. In accordance with the Property and equipment acquired using project- host country agreements, in the event that the restricted funds are fully depreciated when host country agreement is terminated or the host they are placed in operation under the specific country does not renew a lease upon expiry, all benefiting projects. immovable assets will be disposed of by CGIAR (in consultation with the governments of Ethiopia An item of property, plant and equipment is and Kenya). derecognized upon disposal or when no future economic benefits are expected from its use or Gains and losses on disposal of property and disposal. Any gains and losses upon disposal equipment are determined by reference to their of property and equipment are determined carrying amount and are accounted for in the by reference to their carrying amount and are Statement of Activities. accounted for in the Statement of Activities. (j) Depreciation and amortization Operating lease rentals relating to lease land are Depreciation is calculated on a straight-line basis amortized over the term of lease. at annual rates estimated to write-off the cost of each item of property and equipment over the (k) Intangible assets estimated term of its useful life. The annual rates Intangible assets of the Institute comprise acquired used are as follows: computer software. The cost of acquisition and installation of computer software is capitalized and amortized over the estimated useful life of the software, usually three years. The useful lives of intangible assets are assessed as either finite or indefinite. 2016 Financial Statements 30 Notes to the consolidated financial statements (cont’d) Intangible assets with finite lives are amortized average basis and includes purchase price, freight over their useful economic lives, usually three and other incidental costs. years and assessed for impairment whenever there is an indication that the intangible asset may The determination of obsolescence or expiration be impaired. The amortization period and the is based on the lower of the manufacturer’s amortization method for an intangible asset with recommendations and documented experience a finite useful life are reviewed at least at the end and knowledge of management. The amount of of each reporting period. Changes in the expected write-down of inventories to net realizable value useful life or the expected pattern of consumption and all losses of inventories are recognized as of future economic benefits embodied in the asset an expense in the period the write-down or loss are accounted for by changing the amortization occurs. period or method, as appropriate, and are treated as changes in accounting estimates. The (n) Livestock amortization expense on intangible assets with Livestock is stated at fair value less point of sale finite lives is recognized in the statement of costs. The fair value of livestock is determined activities in the expense category consistent with based on market prices for livestock of similar the function of the intangible assets. age, breed, and genetic merit. Changes in fair value are recognized in the Statement of Gains or losses arising from derecognition of an Activities. intangible asset are measured as the difference between the net disposal proceeds and the (o) Employee benefits carrying amount of the asset and are recognized i) Defined contribution plan in the statement of activities when the asset is The institute’s contributions are maintained as derecognized. a defined contribution plan for all categories of staff. Contributions to the defined (l) Impairment of non-financial assets contribution plan are charged to the Statement An impairment loss is recognized if the carrying of Activities as incurred. amount of an asset or its cash-generating ii) Short-term employee benefits Short-term unit exceeds its recoverable amount. A cash- employee benefits are expensed as the related generating unit is the smallest identifiable asset service is provided. A liability is recognized group that generates cash flows that largely for amounts expected to be paid if the group are independent from other assets and groups. has present legal or constructive obligation Impairment losses are recognized in profit or to pay this amount as a result of past service loss. Impairment losses recognized in respect of provided by employees and obligation can be cash-generating units are allocated first to reduce estimated reliably. the carrying amount of any goodwill allocated to iii) Termination benefits the units and then to reduce the carrying amount Termination benefits are expensed at the end of the other assets in the unit (group of units) on a of the employee contracts when the group can pro rata basis. no longer withdraw the offer of those benefits. Full provision is made for severance benefits The recoverable amount of an asset or cash- payable to employees at the end of their generating unit is the greater of its value in use contracts. Provisions are also made in respect and its fair value less costs to sell. In assessing of repatriation costs and outstanding leave value in use, the estimated future cash flows are days accruing to all staff. discounted to their present value using a pre- tax discount rate that reflects current market (p) Net assets assessments of the time value of money and the Net assets represent the residual interest in the risks specific to the asset. Institute’s assets remaining after liabilities have been deducted. (m) Inventories Inventory is carried at the lower of cost and net (q) Accruals realizable value. Cost is calculated on a weighted Accruals represent liabilities to pay for goods or International Livestock Research Institute 31 Notes to the consolidated financial statements (cont’d) services that have been received or supplied but bases of assets and liabilities and their carrying not yet invoiced or formally agreed with suppliers. values for financial reporting purposes. Deferred tax assets are recognized for all deductible (r) Accounts payable temporary differences, carry forward of unused tax These represent amounts due to donors, losses, and unused tax credits to the extent that employees and others for support services and/or it is probable that future taxable profits will be materials received prior to year-end but not paid available against which the deductible temporary for at the balance sheet date. differences, unused tax losses and the unused tax credits can be utilized. i) Accounts payable–donors These include amounts payable to donors in (u) Determination of fair values respect of any unexpended funds received in Fair value is the amount for which an asset could advance for restricted grants. be exchanged, or a liability settled, between ii) Accounts payable–partners knowledgeable, willing parties in an arm’s length These include amounts partners have transaction on the measurement date. accounted but whose payments or reimbursements have not been made by When available, the group measures the fair value Statement of Financial Position date. of an instrument using quoted prices in an active iii) Accounts payable–employees market for that instrument. A market is regarded These include unpaid salaries and bonuses, as active if quoted prices are readily and regularly leave credits and pension entitlements. available and represent actual and regularly iv) Accounts payable–others occurring market transactions on an arm’s length These include all other liabilities ILRI has basis. incurred and has been billed for, which remain unpaid as at the Statement of Financial If a market for a financial instrument is not Position date. active, then the group establishes fair value using a valuation technique. The chosen valuation (s) Provisions technique makes maximum use of market Provisions are recognized when the institute has inputs, relies as little as possible on estimates (a) a present legal or constructive obligation as specific to the group, incorporates all factors that a result of past events, (b) it is more likely than market participants would consider in setting a not that an outflow of resources will be required price and is consistent with accepted economic to settle the obligation and (c) a reliable estimate methodologies for pricing financial instruments. of the amount can be made. Provisions are measured at the present value of management’s 3. FINANCIAL RISK MANAGEMENT best estimate of the expenditure required to OBJECTIVES AND POLICIES settle the present obligation at the Statement of Financial Position date. Managing financial risk is one aspect of the risk management practice of ILRI, which considers all (t) Tax its operations. The institute’s activities expose it to ILRI: The governments of Kenya and Ethiopia have a variety of financial risks, including funding risks, undertaken to exempt ILRI from all local taxes variations of foreign exchange risk, interest risk, including customs duty on goods and services credit risk, banking risk and inflation. received by the institute. Consequently, the institute does not account for tax in its financial Risk management is carried out by the statements. management of the institute supported by the Internal Audit Unit under policies approved by the Kapiti Plains Estate Limited: Current taxation is Board of Trustees. A key element of the institute’s provided for on the basis of the results for the year risk management program is minimizing potential as shown in the financial statements, adjusted adverse effects on its financial performance. The in accordance with tax legislation. Deferred finance function identifies, evaluates and hedges taxation is provided using the liability method for financial risks. The various categories of risks are all temporary differences arising between the tax described overleaf; 2016 Financial Statements 32 Notes to the consolidated financial statements (cont’d) (a) Foreign exchange risk (f) Liquidity risk Foreign currency risk is the risk that the fair Effective cash flow and working capital value or future cash flows of a financial management is carried out to ensure that there is instrument will fluctuate because of changes a balance between operational and investment in foreign exchange rates. requirements. The organization is exposed to foreign Eighty per cent (80%) of cash in bank is exchange risk arising from various currency investment in short-term deposits and 20% is exposures, primarily with respect to the Kenya kept on call deposits for funding day-to-day cash Shilling, Ethiopian Birr, Uganda Shilling, requirements. ILRI maintains a conservative British Pound and the Euro. Foreign exchange investment strategy with investments limited to risk arises from future transactions and fixed-term deposits and short-term call deposits recognized assets and liabilities. Investment with a limited number of quality banks. To decisions are also guided by the foreseeable mitigate against political risk, our deposits are conditions of foreign exchange markets and a spread across several banks and currency areas, conservative investment policy. mainly the United States of America, the Euro zone, Kenya and Ethiopia. (b) Interest rate variations risk Interest rate risk is the risk that the fair value The table below analyses the institute’s financial or future cash flows of a financial instrument liabilities that will be settled on a net basis will fluctuate because of changes in market into relevant maturity groupings based on the interest rates. Interest rate risk to the group remaining period at the Statement of Financial is the risk of changes in market interest rates Position date to the contractual maturity date. reducing the overall return or increasing the The amounts disclosed in the table below are the cost of finance to the group. contractual undiscounted cash flows. Balances due within 12 months equal their carrying (c) Funding risk amounts as the impact of discounting is not ILRI manages funding risk through financial significant. planning systems, a conservative investment policy and its resource mobilization strategy. The bulk of the donor payables amounting to USD 34 million represent funds received in advance to (d) Inflation risk be spent within the next year. Inflation risk is managed through conservative budgeting and a conservative investment policy. (e) Credit risk Credit risk is the risk that a counterparty will cause a financial loss to the institute by failing to discharge a contractual obligation. This risk is managed in the following four ways: (i) Avoiding contracts with donors on a reimbursable basis; (ii) Minimizing advances to suppliers; (iii) Strict management of employee advances; and (iv) Stringent due diligence processes for bank selection and regular tenders for local banks and other suppliers. International Livestock Research Institute 33 Notes to the consolidated financial statements (cont’d) Fully Financial assets performing Impaired USD '000 USD '000 2016 Accounts receivable–donors 6,895 1,372 Advances to partners 4,064 596 Accounts receivable–other CGIAR centres 1,221 - Accounts receivables–others 2,062 17 Bank balances and deposits 63,133 - Total 77,375 1,985 2015 Accounts receivable–donors 13,113 1,462 Advances to partners 3,492 247 Accounts receivable–other CGIAR centres 456 - Accounts receivables–others 1,103 17 Bank balances and deposits 65,141 - Total 83,305 1,726 Over 3 Financial liabilities months USD ‘000 At 31 December 2016 Accounts payable–other centres 768 Accounts payable–others 6,149 Accruals 4,810 Donors 34,333 Total 46,060 At 31 December 2015 Accounts payable–other centres 1,267 Accounts payable–others 5,165 Accruals 5,189 Donors 40,336 Total 51,957 (g) Fair values and judgements are continually evaluated and The fair value of the financial assets and liabilities are based on historical experience and other approximate the carrying amounts shown in the factors, including expectations of future events Statement of Financial Position. that are believed to be reasonable under the circumstances. The critical areas of accounting 4. CRITICAL ACCOUNTING JUDGEMENTS estimates and judgements in relation to the AND KEY SOURCES OF ESTIMATION preparation of these financial statements are as set UNCERTAINTY out below: In the process of applying the institute’s and its (a) Critical judgements in applying accounting subsidiary’s accounting policies, management has policies made estimates and assumptions that affect the There are no critical judgments, apart from reported amounts of assets and liabilities within those involving estimations (see below) that current and future financial years. Estimates management has made in the process of 2016 Financial Statements 34 Notes to the consolidated financial statements (cont’d) applying the institute’s accounting policies Although management believes the estimates and that have significant effect on the amounts and assumptions used in the preparation of recognized in the financial statements. these consolidated financial statements were appropriate in the circumstances, actual results (b) Key sources of estimation uncertainty could differ from those estimates and assumptions. Impairment of assets At each reporting date, the institute reviews 5. INVESTMENT IN SUBSIDIARY–KAPITI the carrying amount of its assets to determine whether there is any indication that these This represents the cost of investment in Kapiti assets have suffered an impairment loss. If any Plains Estate Limited (Kapiti), a ranch that was such indication exists, the recoverable amount acquired for purposes of securing adequate of the asset is estimated in order to determine supplies of disease-free livestock to the institute the extent of impairment. for research. Kapiti is a wholly owned subsidiary of ILRI and operates as an experimental farm. Property and equipment The subsidiary’s net assets at 31 December 2016 Critical estimates are made in determining the amounted to USD 346,999 (2015: USD 427,645). useful lives and residual values to property The financial statements of Kapiti Plains Estate and equipment based on the intended use Limited are prepared in Kenya Shillings. Although of the assets and the economic lives of those the subsidiary has been making losses, tax returns assets. Subsequent changes in circumstances are filed annually. The Consolidated Statement of or prospective utilization of the assets Activities includes the subsidiary’s results for the concerned could result in the actual useful year as summarized below lives or residual values differing from initial estimates. 2016 2015 Investment in subsidiary USD '000 USD '000 Sales to third parties 236 206 Cost of sales to third parties (153) (143) Fair value gain/(loss) on biological assets 231 277 Gross profit 314 340 Expenses and overheads (395) (418) Loss for the year (81) (78) 2016 2015 Kapiti Plains Estate Limited expenses USD '000 USD '000 Personnel costs 127 76 Supplies and services 248 320 Depreciation 17 19 Travel 3 3 Total 395 418 International Livestock Research Institute 35 Notes to the consolidated financial statements (cont’d) 6. CASH AND CASH EQUIVALENTS 2016 2015 USD '000 USD '000 Certificates of deposits 53,276 50,338 Bank balances 9,720 14,680 Cash in hand and cash in transit 10 92 Subtotal 63,006 65,110 Kapiti 127 31 Total 63,133 65,141 7. ACCOUNTS RECEIVABLE–DONORS (see more details in Exhibit) 2016 2015 USD '000 USD '000 Donors 8,267 14,575 Less: provision for doubtful debts (1,372) (1,462) Total 6,895 13,113 8. ADVANCES TO PARTNERS 2016 2015 USD '000 USD '000 National Agricultural Research Stations 2,457 1,324 Universities 780 1,518 International non-governmental organizations 279 193 CGIAR centres 1,144 706 Less: provision for doubtful debts (596) (249) Total 4,064 3,492 9. ACCOUNTS RECEIVABLE–OTHER CGIAR CENTRES 2016 2015 USD '000 USD '000 International Potato Center (CIP) 478 - International Food Policy Research Institute (IFPRI) 347 62 Bioversity International (IPGRI) 141 - International Water Management Institute (IWMI) 103 - International Crop Research Institute for the Semi-Arid Tropics 102 - (ICRISAT) International Institute of Tropical Agriculture (IITA) 29 - International Center for Tropical Agriculture (CIAT) 21 - International Center for Agricultural Research in the Dry Areas - 63 (ICARDA) International Rice Research Institute (IRRI) - 30 International Maize and Wheat Improvement Center (CIMMYT) - 14 World Agroforestry Centre (ICRAF) - 274 Center for International Forestry Research (CIFOR) - 13 Total 1,221 456 2016 Financial Statements 36 Notes to the consolidated financial statements (cont’d) 10. ACCOUNTS RECEIVABLE–EMPLOYEES 2016 2015 USD '000 USD '000 Employee accounts receivable 571 864 Less provisions for employee accounts receivable (17) (17) Total 554 847 11. ACCOUNTS RECEIVABLE–OTHERS 2016 2015 USD '000 USD '000 AIARC for IRS salaries 22 31 Consultants and trainees 299 128 Others 1,741 944 Total 2,062 1,103 12. INVENTORIES 2016 2015 USD '000 USD '000 Engineering and maintenance parts 40 47 Laboratory and chemical supplies 382 564 Office and other supplies 225 250 Kapiti 21 21 Subtotal 668 882 Less: Allowance for obsolescence (25) (118) Total 643 764 13. LIVESTOCK 2016 2015 USD '000 USD '000 Fair value at the beginning of the year 1,291 1,161 Increases due to purchases 21 (135) Gain/(loss) arising from change in value 427 62 Decrease due to sales (192) 203 Fair value at the end of the year 1,547 1,291 International Livestock Research Institute 37 Notes to the consolidated financial statements (cont’d) 14. PROPERTY AND EQUIPMENT–2016 Balance at Unrestricted Restricted Balance at Cost 1 Jan 2016 additions additions Disposal 31 Dec USD '000 USD '000 USD ‘000 USD ‘000 2016 USD ‘000 Physical facilities, infrastructure and leasehold improvements 36,183 745 - - 36,928 Furnishings and equipment 32,468 377 627 (136) 33,336 Intangible assets (software) 362 - - - 362 Work in progress 1,521 909 4 - 2,434 TOTAL COST OF FIXED ASSETS 70,534 2,031 631 (136) 73,060 ACCUMULATED DEPRECIATION Physical facilities, infrastructure and leasehold improvements 31,831 463 - - 32,294 Furnishings and equipment 28,137 1,029 627 (118) 29,675 Intangible assets (software) 359 3 - - 362 TOTAL ACC. DEPRECIATION 60,327 1,495 627 (118) 62,331 NET BOOK VALUE Physical facilities, infrastructure and leasehold improvements 4,352 282 - - 4,634 Furnishings and equipment 4,331 (652) - (18) 3,661 Intangible assets (software) 3 (3) - - - Exchange translation (16) - - - (16) Work in progress 1,521 909 4 - 2,434 TOTAL NET BOOK VALUE 10,191 536 4 (18) 10,713 PROPERTY AND EQUIPMENT–2015 Balance at Unrestricted Restricted Other Balance at Cost 1 Jan 2015 additions additions movements Disposal 31 Dec 2015 USD '000 USD '000 USD ‘000 USD ‘000 USD ‘000 USD ‘000 Physical facilities, infrastructure and leasehold improvements 36,199 435 - 59 (510) 36,183 Furnishings and equipment 30,528 1,595 436 1,001 (1,092) 32,468 Intangible assets (software) 359 - - 3 - 362 Work in progress 754 - - 767 - 1,521 TOTAL COST OF FIXED ASSETS 67,840 2,030 436 1,830 (1,602) 70,534 ACCUMULATED DEPRECIATION Physical facilities, infrastructure and leasehold improvements 31,817 426 - 43 (455) 31,831 Furnishings and equipment 26,495 1,328 436 912 (1,034) 28,137 Intangible assets (software) 352 4 - 3 - 359 TOTAL ACC. DEPRECIATION 58,664 1,758 436 958 (1,489) 60,327 NET BOOK VALUE Physical facilities, infrastructure and leasehold improvements 4,382 9 - 16 (55) 4,352 Furnishings and equipment 4,033 267 - 89 (58) 4,331 Intangible assets (software) 7 (4) - - - 3 Exchange translation 51 - - (67) - (16) Work in progress 754 - - 767 - 1,521 TOTAL NET BOOK VALUE 9,227 272 - 805 (113) 10,191 2016 Financial Statements 38 Notes to the consolidated financial statements (cont’d) 15. ACCOUNTS PAYABLE–DONOR (see more details in Exhibit 1) 2016 2015 USD '000 USD '000 Donors 34,333 40,336 Total 34,333 40,336 16. ACCOUNTS PAYABLE–PARTNERS 2016 2015 USD '000 USD '000 National Agricultural Research Stations 293 198 Universities 495 386 International non-governmental organizations 166 - CGIAR centres 3,246 2,353 Total 4,200 2,937 17. ACCOUNTS PAYABLE–OTHER CGIAR CENTRES 2016 2015 USD '000 USD '000 International Maize and Wheat Improvement Center (CIMMYT) 228 - International Potato Center (CIP) 200 224 World Agroforestry Centre (ICRAF) 138 - Center for International Forestry Research (CIFOR) 82 - International Center for Agricultural Research in the Dry Areas 40 - (ICARDA) International Crop Research Institute for the Semi-Arid Tropics 21 83 (ICRISAT) International Food Policy Research Institute (IFPRI) 20 476 International Water Management Institute (IWMI) 18 56 International Rice Research Institute (IRRI) 14 - Bioversity International (IPGRI) 7 65 International Center for Tropical Agriculture (CIAT) - 52 CGIAR–Consortium Office - 52 International Institute of Tropical Agriculture (IITA) - 259 Total 768 1,267 18. ACCOUNTS PAYABLE–EMPLOYEES 2016 2015 USD '000 USD '000 Staff personal accounts 905 833 Staff accrued leave 1,361 1,346 Total 2,266 2,179 International Livestock Research Institute 39 Notes to the consolidated financial statements (cont’d) 19. ACCOUNTS PAYABLE–EMPLOYEES 2016 2015 USD '000 USD '000 Due to suppliers 2,834 2,781 Field offices/Kapiti 57 27 Consultants and trainees 728 658 Sundry payables* 2,530 1,699 Total 6,149 5,165 *The sundry payables include CGIAR Cost Sharing Percentage (CSP) balance of USD 357,022 as at 31 December 2016 (2015: USD 502,032). 20. ACCRUALS 2016 2015 USD '000 USD '000 Consultants' costs 303 187 Commercial suppliers 1,199 1,526 Project expenses 1,686 1,802 Other accruals 1,622 1,674 Total 4,810 5,189 21. EMPLOYEE LONG-TERM PAYABLE Severance Pay Repatriation costs Total USD '000 USD '000 USD ‘000 At 1 January 2015 2,351 2,467 4,818 Arising during the year 368 626 994 Utilized (179) (433) (612) Unused amounts reversed - - - At 31 December 2015 2,540 2,660 5,200 At 1 January 2016 2,540 2,660 5,200 Arising during the year 437 36 473 Utilized (69) (384) (453) Unused amounts reversed - - - At 31 December 2016 2,908 2,312 5,220 2016 Financial Statements 40 Notes to the consolidated financial statements (cont’d) 22. OTHER REVENUE AND GAINS 2016 2015 USD '000 USD '000 Rent income 2,551 1,525 Catering income 872 1,483 Gain/loss on disposal of stock and equipment 25 1,394 Other service income 2,997 3,244 Total 6,445 7,646 23. FINANCIAL INCOME AND EXPENSES 2016 2015 USD '000 USD '000 Interest income 1,465 973 Exchange gain 314 734 Total financial income 1,779 1,707 Financial expenses 1,531 1,246 24. EXPENSES BY FUNCTION 2016 2015 Unrestricted CRP Non CRP Unrestricted CRP Non CRP USD‘000 USD‘000 USD‘000 USD‘000 USD ‘000 USD‘000 USD ‘000 USD ‘000 Personnel costs 9,248 16,855 5,104 31,207 9,586 17,752 5,880 33,218 CGIAR collaboration costs 979 6,889 899 8,767 - 5,958 641 6,599 Other collaboration - 6,922 1,199 8,121 - 5,036 1,668 6,704 Supplies and Services 4,239 12,665 5,531 22,435 2,280 12,798 5,189 20,267 Travel 642 2,170 828 3,640 1,022 2,692 997 4,711 Depreciation 1,482 569 53 2,104 1,656 297 223 2,176 Cost sharing percentage - 217 140 357 - 289 213 502 Indirect cost recovery (7,485) 5,733 1,752 - (6,946) 5,329 1,617 - Subsidiary–Kapiti 395 - - 395 418 - - 418 Total operating expenses 9,500 52,020 15,506 77,026 8,016 50,151 16,428 74,595 25. PERSONNEL COSTS 2016 2015 USD '000 USD '000 Salaries and allowances 24,195 24,860 Pension contributions 2,679 2,810 Medical and life insurance 1,913 2,133 Relocation and leave expenses 1,230 2,010 Other personnel costs 1,190 1,405 Total personnel costs 31,207 33,218 International Livestock Research Institute 41 Notes to the consolidated financial statements (cont’d) 26. GENERAL AND ADMINISTRATION EXPENSES 2016 2015 USD '000 USD '000 Personnel costs 3,073 4,074 Supplies and services 5,300 4,297 Operational travel 349 472 Depreciation and amortization - 14 Indirect/institutional costs recovered from projects 8,722 8,857 27. OTHER EXPENSES 2016 2015 USD '000 USD '000 Facility costs 1,310 923 ICT costs 1,381 2,037 Business units costs 2,156 1,909 Research facility units costs 2,029 1,948 Other expenses and losses (2,844) (3,468) Total other expenses 4,032 3,349 28. COMPUTATION OF INDIRECT COST RATE 2016 2015 USD '000 USD '000 General and administration expenses 8,722 8,857 Research expenses (excluding all collaborator expenses) 44,131 46,330 Non-CGIAR collaborator expenses 8,121 6,704 Total cost (excluding CGIAR collaborator expenses) 52,252 53,034 Indirect cost/direct (rate excluding CGIAR collaborator expenses) 17% 17% Indirect cost/direct (rate excluding all collaborator expenses) 20% 19% Note on indirect cost rate computation Partnerships are a growing part of CGIAR business, but do not incur the same level of overhead as in-house research. Some centres use the more complex multi-tier overhead system that results in a higher overall centre indirect cost rate. Other centres use a single tier overhead system applying the same rate if fiduciary responsibility is assumed. It is a simpler method and results in a lower overall centre indirect cost rate. 29. COMPARATIVES Where necessary, the comparative figures have been adjusted to conform to changes in presentation in the current year. 30. EVENTS AFTER THE REPORTING PERIOD Management is not aware of events after the reporting date that require disclosure in or adjustments to the financial statements as at the date of this report. 2016 Financial Statements 42 Cattle coming in from the fields in the evening in Lhate Village, Chokwe, Mozambique (photo credit: ILRI/Stevie Mann). ‘Partnerships are a growing part of CGIAR business, but do not incur the same level of overhead as in-house research. It is a simpler method and results in a lower overall centre indirect cost rate.’ International Livestock Research Institute 4343 Exhibits 2016 Financial Statements 44 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant URG-CHN China 118 - - 118 108 URG-IND India-Indian Council of Agricultural Research 41 - 41 - - UNRESTRICTED GRANTS 158 118 41 118 108 CG1110 International Center for Agricultural Research in the Dry Areas 35 - - 35 807 CG1210 International Institute of Tropical Agriculture 398 66 - 464 1,000 CG2010 International Food Policy Research Institute 402 - 1 401 628 CG3710 CGIAR Fund 14,981 - 168 14,813 14,349 CG4010 International Food Policy Research Institute 290 558 - 848 3,493 CG5060 International Water Management Institute 50 18 - 68 120 CG7010 International Center for Tropical Agriculture 1,595 691 - 2,286 4,338 CGI001 CGIAR Fund 54 - 54 - - CGI002 CGIAR Fund 54 - 46 8 - GEN001 Global Crop Diversity Trust 883 - - 883 838 GEN002 Global Crop Diversity Trust 505 - 460 45 201 GEN003 Global Crop Diversity Trust 404 - - 404 117 RESTRICTED CRPs–WINDOW 1 & 2 19,651 1,333 729 20,255 25,891 ACI020 Australian Centre for International Agricultural Research 66 - 59 7 542 ACI021 Australian Centre for International Agricultural Research 557 - 275 282 (33) ACI022 Australian Centre for International Agricultural Research 86 - 80 6 188 AUT005 Austrian Development Agency 351 - 132 219 177 BMG012 Bill & Melinda Gates Foundation 6,291 - 3,165 3,126 2,162 BMG013 Bill & Melinda Gates Foundation 5,594 - 3,271 2,323 1,018 BMG018 Bill & Melinda Gates Foundation 3,217 - 2,126 1,091 51 BMG019 Bill & Melinda Gates Foundation 367 - 276 91 - BMG021 Bill & Melinda Gates Foundation 1,202 - 1,197 5 - CHN001 China 42 36 - 78 71 CHN003 China 77 - 58 19 6 ESP004 Instituto Nacional de Investigacion y Technologia Agraria y 1 - 1 - 23 Alimentaria GIZ013 Deutsche Gesellschaft für Technische Zusammenarbeit 3 - 3 - 288 GSA001 Republic of South Africa 164 - 118 46 72 IFA021 International Fund for Agricultural Research (692) 692 - - (13) IFA023 International Fund for Agricultural Research 339 - 166 173 240 IFA024 International Fund for Agricultural Research 311 315 - 626 95 IFA026 International Fund for Agricultural Research - 68 - 68 - IFA027 International Fund for Agricultural Research - 44 - 44 - MEX001 Government of Mexico 229 - 218 11 70 UOE006 University of Edinburgh 624 - 52 572 - International Livestock Research Institute 45 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant USA071 United States Agency for International Development 728 - - 728 3,829 USA072 United States Agency for International Development 143 - 4 139 1,343 USA075 United States Agency for International Development 261 - 199 62 170 USA080 United States Agency for International Development 526 - 202 324 112 USA081 United States Agency for International Development 15,066 - 7,520 7,546 154 USA085 United States Agency for International Development 753 - 392 361 - USA086 United States Agency for International Development - 10 - 10 - USA083 United States Agency for International Development 1,960 - 652 1,308 - RESTRICTED CRPs–WINDOW 3 38,266 1,165 20,166 19,265 10,565 BMG010 Bill & Melinda Gates Foundation 4 - 4 - 94 BMG011 Bill & Melinda Gates Foundation (34) 34 - - 411 BMG014 Bill & Melinda Gates Foundation 5,563 - 2,849 2,714 1,009 BMG015 Bill & Melinda Gates Foundation 4,680 - 1,721 2,959 574 BMG017 Bill & Melinda Gates Foundation 629 502 - 1,131 169 BMG020 Bill & Melinda Gates Foundation 380 - 342 38 - CHN002 China 30 - 3 27 27 ICA005 Indian Council of Agricultural Research 437 - 419 18 - PRP001 Portugal 185 - 176 9 16 USA077 United States Agency for International Development 301 - 78 223 174 USA078 United States Agency for International Development 4 - - 4 838 USA079 United States Agency for International Development 246 1 - 247 224 USA082 United States Agency for International Development 923 - - 923 57 RESTRICTED NON-CRPs–WINDOW 3 13,348 537 5,592 8,293 3,593 ACI016 Australian Centre for International Agricultural Research 10 - 10 - 66 ACI023 Australian Centre for International Agricultural Research 2 - 2 - 10 ACI024 Australian Centre for International Agricultural Research 42 10 - 52 36 AGR004 Agricultural Research Challenge Fund 124 8 - 132 247 AUI001 African Union Interafrican Bureau for African Resources (80) 80 - - 98 AUI002 African Union Interafrican Bureau for African Resources 186 - 40 146 65 BIV001 Boehringer Ingelheim Vetmedica GmbH - - - - 36 BMG008 Bill & Melinda Gates Foundation - - - - 76 CAB003 Cab International UK 560 - 48 512 262 CIA006 International Center for Tropical Agriculture 25 - - 25 11 CIA007 International Center for Tropical Agriculture 210 - 177 33 29 CIA008 International Center for Tropical Agriculture 50 - 41 9 - CIA009 International Center for Tropical Agriculture - 52 - 52 - CIA010 International Center for Tropical Agriculture - 1 - 1 - CIM005 International Maize and Wheat Improvement Center 1,724 - 137 1,587 1,013 CIM006 International Maize and Wheat Improvement Center 8 - 6 2 36 CIM008 International Maize and Wheat Improvement Center 94 12 - 106 60 CIM010 International Maize and Wheat Improvement Center 71 - 30 41 - 2016 Financial Statements 46 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant CIP002 International Potato Center 57 22 - 79 10 CSI003 Commonwealth Scientific and Industrial Research Organisation - - - - 130 CSI004 Commonwealth Scientific and Industrial Research Organisation 7 - 7 - 54 CTA004 Technical Centre for Agricultural and Rural Cooperation 14 - 14 - 28 DFI058 Department for International Development 545 273 - 818 1,928 EMU001 Emory University (1) 1 - - (1) EMU002 Emory University - 18 - 18 - EUR012 European Community (30) 30 - - (125) EUR013 European Community (62) 62 - - (12) EUR014 European Community (51) 51 - - 54 EUR015 European Community - - - - 17 EUR016 European Community 41 - 33 8 14 EUR017 European Community 50 31 - 81 14 FAO046 Food and Agriculture Organization of the United Nations (69) 70 - 1 99 FAO047 Food and Agriculture Organization of the United Nations 25 - - 25 - FFD002 Ford Foundation 3 - 3 - - FIN002 Ministry of Foreign Affairs Finland 161 20 - 181 350 FIN003 Ministry of Foreign Affairs Finland 10 42 - 52 197 FIN004 Ministry of Foreign Affairs Finland 46 - 1 45 158 FIN005 Ministry of Foreign Affairs Finland - 3 - 3 - GAV001 Global Alliance for Livestock Veterinary Medicines 50 - 50 - 1 GAV002 Global Alliance for Livestock Veterinary Medicines 212 - 111 101 28 GAV003 Global Alliance for Livestock Veterinary Medicines 265 - 92 173 14 GAV004 Global Alliance for Livestock Veterinary Medicines - 100 - 100 - GEF007 United Nations-UNEP-GEF/UNOPS/UNEP-Depi 54 - 14 40 152 GIZ003 Deutsche Gesellschaft für Technische Zusammenarbeit 52 - 51 1 522 GIZ005 Deutsche Gesellschaft für Technische Zusammenarbeit 369 151 - 520 509 GIZ006 Deutsche Gesellschaft für Technische Zusammenarbeit 2 - 2 - 21 GIZ008 Deutsche Gesellschaft für Technische Zusammenarbeit 98 - 49 49 162 GIZ009 Deutsche Gesellschaft für Technische Zusammenarbeit 664 - 294 370 319 GIZ011 Deutsche Gesellschaft für Technische Zusammenarbeit 43 - 6 37 37 GIZ012 Deutsche Gesellschaft für Technische Zusammenarbeit 591 - 115 476 323 GIZ014 Deutsche Gesellschaft für Technische Zusammenarbeit 739 - 165 574 36 GIZ015 Deutsche Gesellschaft für Technische Zusammenarbeit 57 - 45 12 - GIZ016 Deutsche Gesellschaft für Technische Zusammenarbeit 293 - 10 283 - GTZ031 Deutsche Gesellschaft für Technische Zusammenarbeit 34 - 34 - (60) HEI005 Heifer International project 397 - 40 357 432 ICA004 International Center for Agricultural Research in the Dry Areas 94 27 - 121 30 ICR005 World Agroforestry Centre 5 - 5 - 65 ICR006 World Agroforestry Centre 112 57 - 169 146 ICR007 World Agroforestry Centre 113 - 29 84 75 International Livestock Research Institute 47 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant ICS016 International Crop Research Institute for the Semi-Arid Tropics - - - - (2) ICS017 International Crop Research Institute for the Semi-Arid Tropics 158 - 12 146 9 ICS020 International Crop Research Institute for the Semi-Arid Tropics 9 - 9 - 31 ICS021 International Crop Research Institute for the Semi-Arid Tropics 31 - - 31 68 ICS022 International Crop Research Institute for the Semi-Arid Tropics 88 - 20 68 - IFA025 International Fund for Agricultural Research 60 - 11 49 - IFP034 International Food Policy Research Institute (52) 52 - - 50 IFP035 International Food Policy Research Institute - 53 - 53 46 IFP036 International Food Policy Research Institute - 9 - 9 - IIE001 International Institute for Environment and Development (2) 2 - - 24 IIE002 International Institute for Environment and Development - - - - 19 IIT020 International Institute of Tropical Agriculture - 43 - 43 171 IIT021 International Institute of Tropical Agriculture 52 43 - 95 163 IIT022 International Institute of Tropical Agriculture (1) 1 - - 39 IIT023 International Institute of Tropical Agriculture - - - - 133 IIT024 International Institute of Tropical Agriculture 87 - 2 85 63 IIT025 International Institute of Tropical Agriculture 41 - 14 27 79 IIT026 International Institute of Tropical Agriculture 159 - 18 141 8 IIT027 International Institute of Tropical Agriculture 170 - 0 170 - ILC002 The International Land Coalition 129 - 48 81 - IRD001 International Relief and Development (20) 20 - - 10 IRD002 International Relief and Development 7 10 - 17 2 IRE005 Ireland Embassy 370 - 137 233 507 IRE006 Ireland Embassy 688 - 264 424 506 IWM015 International Water Management Institute (223) 466 - 243 332 IWM016 International Water Management Institute 58 - 21 37 63 IWM017 International Water Management Institute 193 6 - 199 197 IWM018 International Water Management Institute 24 7 - 31 - JCV001 J. Craig Venter Institute (16) 16 - - 97 JCV002 National Science Foundation 73 34 - 107 33 JET001 Japan External Trade Organization - - - - 91 KFT001 Kifiya Financial Technology - 133 - 133 - KMT001 Kenya Markets Trust - 2 - 2 - KOR009 Rural Development Administration–Korea 77 - 75 2 66 KOR017 Rural Development Administration–Korea 58 - 3 55 14 KOR018 Rural Development Administration–Korea 32 - - 32 66 KOR019 Rural Development Administration–Korea 70 - - 70 - KSU001 Kansas State University 249 - 179 70 - LOL001 Land O'Lakes International Development Fund 10 10 - 20 - 2016 Financial Statements 48 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant LTG001 Global Crop Diversity Trust 124 - 58 66 167 NER002 Natural Environment Research Council (34) 34 - - 42 ODI001 Overseas Development Institute 12 - 12 - 46 OFI001 Opec Fund for International Development - Austria 75 - 72 3 - PME001 Pamoja Media (13) 13 - - 26 RCI002 Resource Conflict Institute 37 18 - 55 - RIA001 The Royal Institute of International Affairs 11 2 - 13 - RUC001 University of California 45 - - 45 144 SNV001 Netherlands Development Organisation (111) 111 - - 116 SRT004 Navajbai Ratan Tata Trust (13) 34 - 21 13 SRT005 Navajbai Ratan Tata Trust (26) 43 - 17 26 SRT006 Navajbai Ratan Tata Trust (9) 24 - 15 9 SYI001 Synergos Institute 53 - - 53 60 TEN002 Terra Nuova (95) 95 - - 96 TEN003 Terra Nuova 44 77 - 121 - TEX012 Texas A&M AgriLife Research 187 10 - 197 236 TEX013 Texas A&M AgriLife Research 5 16 - 21 - UNE002 University of New England 10 - 2 8 82 UOC001 Cornell University 25 - 25 - 11 UOE003 University of Edinburg (78) 169 - 91 283 UOE007 University of Edinburg 170 - 168 2 - UOL001 Biotechnology and Biological Sciences Research Council 50 217 - 267 34 UOM001 University of Melbourne 2 - 2 - - USA073 United States Agency for International Development 465 - 287 178 180 USD019 United States Department for Agriculture (2) - - (2) 29 USI001 Australian Agency for International Development - - - - 55 WAN002 Wageningen University 709 - 108 601 436 WAN003 Wageningen University (69) 103 - 34 283 WAN004 Wageningen University 25 - 25 - - WBA030 World Bank 20 180 - 200 - WBA031 World Bank 47 14 - 61 - WBA032 World Bank 80 119 - 199 - WEL012 Wellcome Trust - - - - 31 WEL013 Wellcome Trust 20 2 - 22 3 WEL014 Wellcome Trust - 30 - 30 - RESTRICTED CRPs–BILATERAL 12,558 3,339 3,397 12,500 13,065 ACI025 Australian Centre for International Agricultural Research 8 - - 8 - ASA021 Association for Strengthening - - - - 30 Agricultural Research in Eastern and Central Africa International Livestock Research Institute 49 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant BBS002 Biotechnology and Biological Sciences Research Council (6) 6 - - - BBS003 Biotechnology and Biological Sciences Research Council (44) 44 - - - BBS004 Biotechnology and Biological Sciences Research Council 286 - 130 156 109 BEC001 Syngenta Foundation and SIDA Capital funds 1,427 - 1,427 - - BEC002 Syngenta Foundation and SIDA Capital funds 17 - 17 - - BMG007 Bill & Melinda Gates Foundation (8) 8 - - 425 CID006 Canadian International Development Agency 2,429 1,343 - 3,772 3,771 CIL001 United Nations Economic Commission for Africa (2) 7 - 5 37 CORF002 CORAF/ WECARD 4 - 4 - - CSI002 Commonwealth Scientific and Industrial Research Organisa- - - - - 836 tion CSI005 Commonwealth Scientific and Industrial Research Organisa- 1,936 - 509 1,427 319 tion CTA005 Technical Centre for Agricultural and Rural Cooperation 3 1 - 4 18 DFG001 Borstel-German Research Foundation (5) 5 - - - DRE001 The Federal Democratic Republic of Ethiopia 246 - 226 20 - DTR001 Defense Threat Reduction Agency/J4C - 7 - 7 - GCP004 Generation Challenge Programme 50 - - 50 66 GUL001 Gulu University 60 - 44 16 - HEI004 Heifer International 1 - 1 - - HEI006 Heifer International 19 - 19 - - HTP001 International Maize and Wheat Improvement Center 47 - 47 - (1) IDR017 International Development Research Centre 27 - - 27 - IFP027 International Food Policy Research Institute 156 68 - 224 490 IFP029 International Food Policy Research Institute 100 - 67 33 - IRE004 Ireland Embassy (17) 17 - - - KAR002 Kenya Agricultural and Livestock Research Organization 82 - 41 41 70 KOR016 Rural Development Administration–Korea 31 - 31 - - KYM001 Kyeema Foundation 7 - 7 - - NMA001 The Nelson Mandela African Institution of Science and 48 - 25 23 - Technology PRG001 Various donors 1,070 - 1,070 - - PRG002 Various donors 155 - 155 - - SID003 Swedish International Development Cooperation Agency 1,676 - 555 1,121 1,489 SID004 Swedish International Development Cooperation Agency 66 8 - 74 2,965 SID005 Swedish International Development Cooperation Agency 22 29 - 51 1 2016 Financial Statements 50 Exhibit I Grant revenues (unrestricted and restricted) and accounts receivable/payable FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Agreement Donor Total funds Accounts Accounts Current Prior code available receivable payable year year grant grant SNV002 SNV Netherland Development Organisation 11 66 - 77 83 SRT003 Navajbai Ratan Tata Trust (96) 96 - - 19 SWE010 Ministry of Foreign Affairs Sweden (1) 1 - - 105 UOE004 University of Exeter 8 19 - 27 12 UOE005 University of Edinburg 2 - 2 - (9) UOF001 University of Florida - 50 - 50 - USA066 United States Agency for International Development - - - - 19 WBA024 World Bank 31 - 31 - - RESTRICTED NON-CRPs–BILATERAL 9,846 1,775 4,408 7,213 10,854 GRAND TOTAL 93,826 8,149 34,333 67,644 58,978 International Livestock Research Institute 51 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses A: RESTRICTED CRPs–WINDOW 1 & 2 CG1110 CRP on Dryland Systems Dryland 01/01/2012 31/12/2016 5,045 4,287 35 4,322 Systems CG1210 CRP on Humid Tropics Humidtrop- 01/01/2012 31/12/2016 8,655 6,931 464 7,395 ics CG2010 CRP on Policies, Institutions PIM 01/01/2012 31/12/2016 5,371 4,743 401 5,144 and Markets CG3710 CRP on Livestock and Fish Livestock 01/01/2012 31/12/2016 66,010 48,765 14,813 63,578 and Fish CG4010 CRP on Agriculture for Nutrition A4NH 01/01/2012 31/12/2016 15,449 12,927 848 13,775 and Health CG5060 CRP on Water, Land and Eco- WLE 01/01/2012 31/12/2016 902 670 68 738 systems CG7010 CRP on Climate Change, CCAFS 01/01/2011 31/12/2016 33,594 26,474 2,286 28,760 Agriculture and Food Security GEN001 Managing and Sustaining Crop Genebanks 01/01/2012 31/12/2016 3,438 3,107 883 3,990 Collection (Genebank) GEN002 Genebank support 2011 funds Genebanks 01/01/2014 31/12/2016 756 251 45 296 GEN003 Recommendation Action Plan Genebanks 01/01/2015 31/12/2016 521 117 404 521 (RAP) CGI001 CGIAR gender postdoctoral Livestock 01/01/2016 31/12/2018 108 - - - fellow–Social and Fish CGI002 CGIAR gender postdoctoral Livestock 01/01/2016 31/03/2018 108 - 8 8 fellowship and Fish Subtotal A: CGIAR FUND 139,957 108,272 20,255 128,527 B: RESTRICTED CRPs–WINDOW 3 Australian Centre for International Agricultural Research ACI020 Reducing disease risks and A4NH 01/06/2012 31/05/2017 2,066 1,440 7 1,447 improving food safety in small pig value chains in Vietnam ACI021 Integrating crop and livestock Dryland 01/06/2012 30/11/2017 4,576 3,252 282 3,534 for improved food security and Systems livelihoods in rural Zimbabwe ACI022 Competitive small livestock in PIM 01/09/2012 31/12/2015 1,372 1,302 6 1,308 Botswana ACIAR Subtotal 8,014 5,994 295 6,289 Austrian Development Agency AUT005 Increasing the productivity of Livestock 01/07/2013 28/02/2017 641 260 219 479 dual purpose cattle in Nica- and Fish ragua– More milk and meat through better breeds ADA subtotal 641 260 219 479 2016 Financial Statements 52 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Bill & Melinda Gates Foundation BMG012 Improved vaccines for the Livestock and 01/09/2013 30/11/2017 12,000 5,051 3,126 8,177 control of East Coast fever in Fish cattle in Africa BMG013 African Chicken Genetic Livestock and 05/11/2014 31/10/2019 11,000 1,018 2,323 3,341 Gains (APGG) Fish BMG018 Platform for African Dairy Livestock and 26/10/2015 30/10/2018 9,130 51 1,091 1,142 Genetic Gains (ADGG) Fish BMG019 A novel intervention to pro- Livestock and 04/03/2016 31/03/2018 588 - 91 91 tect cattle against East coast Fish fever through pre-infection with a related species BMG021 MilkMatters: Making the most A4NH 08/11/2016 30/09/2021 4,088 - 5 5 of milk BMGF subtotal 36,806 6,120 6,636 12,756 China CHN001 Support to Han Jianlin activi- Livestock and 17/05/2004 31/12/2016 313 313 78 391 ties in China Fish CHN003 Funds to support visiting Livestock and 17/05/2004 31/12/2016 138 60 19 79 scientist Fish China subtotal 451 373 97 470 International Fund for Agricultural Research (IFAD) IFA023 Innovative beef value chain PIM 01/02/2013 31/03/2017 942 560 173 733 development schemes in southern Africa IFA024 Improved productivity through Humidtropics 16/02/2015 15/03/2017 2,800 95 626 721 crop/livestock intervention in Burundi and the Eastern Democratic Republic of Congo IFA027 Improved productivity Humidtropics 24/06/2016 31/01/2020 3,761 - 44 44 through crop-livestock interventions in Eastern DR Congo and Burundi under program Putting Research into Use for Nutrition, Sustainable Agriculture and Resilience (PRUNSAR) IFA026 Greening livestock: Incentive- CCAFS 31/03/2016 31/03/2019 2,000 - 68 68 based interventions for reducing the climate impact of livestock in East Africa IFAD subtotal 9,503 655 911 1,566 International Livestock Research Institute 53 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Government of Mexico MEX001 Conservation, characteriza- Livestock and 01/01/2013 31/12/2016 294 212 11 223 tion and use of forage genetic Fish resources for priority grazing land ecosystem of Mexico Mexico subtotal 294 212 11 223 Republic of South Africa GSA001 South Africa funds for SA Dryland 01/02/2015 31/12/2016 176 72 46 118 region Systems GSA subtotal 176 72 46 118 United States Agency for International Development (USAID) USA072 Joint investment programming, Dryland 01/02/2012 29/02/2016 4,381 4,239 139 4,378 design of investment programs Systems for Long term development of arid and semi-arid lands (ASALs) in the greater Horn of Africa USA071 Feed the Future initiatives Humidtropics 01/09/2011 30/09/2016 10,016 9,288 728 10,016 USA085 Africa RISING Ethiopia Humidtropics 10/01/2016 30/09/2021 9,630 - 361 361 USA086 Africa RISING– Program level Humidtropics 01/10/2016 30/09/2021 1,074 - 10 10 communication USA075 USAID linkage funds Livestock and 01/01/2013 31/12/2016 647 170 62 232 Fish USA080 Scaling up the delivery of ITM Livestock and 08/07/2015 30/06/2017 1,000 112 324 436 in Tanzania through facilitation Fish of ITM delivery value chain USA081 Feed the Future Accelerated Livestock and 01/10/2015 30/09/2018 75,000 154 7,546 7,700 Value Chain Development Fish (AVCD) program management office USA083 Feed the Future Mali Livestock Livestock and 01/01/2016 31/12/2019 6,500 - 1,308 1,308 Technology Scaling Program Fish (FTF-MLTS) USAID subtotal 108,248 13,963 10,478 24,441 University of Edinburgh UOE006 Genomic tools to improve Livestock and 07/10/2015 30/09/2020 5,760 - 572 572 the productivity, efficiency, Fish resilience and health of trop- ical livestock owned by poor smallholder farmers UOE subtotal 5,760 - 572 572 SUBTOTAL B: 169,893 27,649 19,265 46,914 2016 Financial Statements 54 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses C: RESTRICTED OTHER–WINDOW 3 Bill & Melinda Gates Foundation (BMGF) BMG010 Exploring wide crosses Non-CRP 05/06/2013 31/12/2016 300 291 - 291 (sorghum and maize) in crop improvement BMG014 PEARL: Program support to Non-CRP 07/11/2014 31/12/2018 12,500 1,009 2,714 3,723 BecA BMG015 IGSS: Integrated Genotyping Non-CRP 07/11/2014 31/12/2019 9,750 574 2,959 3,533 Service and Support BMG017 Livestock development Non-CRP 27/10/2015 31/12/2016 1,251 169 1,131 1,300 planning support to Tanzania: Tanzania livestock master plan (LMP) BMG020 Global Livestock Advocacy for Non-CRP 18/08/2016 31/08/2018 687 - 38 38 Development (GLAD) BMGF subtotal 24,488 2,043 6,842 8,885 China CHN002 Funds to support joint lab Non-CRP 17/05/2004 31/12/2016 217 191 27 218 China subtotal 217 191 27 218 Indian Council of Agricultural Research (ICAR) ICA005 ILRI-ICAR funds Non-CRP 01/01/2016 31/03/2017 1,749 - 18 18 ICAR subtotal 1,749 - 18 18 Portugal PRP001 Portugal funds Non-CRP 01/01/2009 31/12/2017 438 304 9 313 Portugal subtotal 438 304 9 313 United States Agency for International Development (USAID) USA077 Strengthening agricultural pol- Non-CRP 01/10/2014 31/03/2017 500 189 223 412 icy analysis and coordination in Tanzania USA078 Scaling up ILRI/ReSaKKS Non-CRP 01/10/2014 30/09/2015 900 896 4 900 knowledge management ac- tivities in Supporting USAID/ EA and partners USA079 Strengthening agricultural Non-CRP 01/07/2015 31/03/2016 471 224 247 471 policy analysis, M&E and knowledge management in Kenya USA082 Scaling up ILRI/ ReSAKSS Non-CRP 01/10/2015 31/12/2016 1,000 57 923 980 knowledge management activities in support of USAID/ EA and partners USAID subtotal 2,871 1,366 1,397 2,763 SUBTOTAL C: 29,763 3,904 8,293 12,197 International Livestock Research Institute 55 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses D: RESTRICTED CRPs–BILATERAL African Union Interafrican Bureau for African Resources (AU-IBAR) AUI002 Strengthening the capacity of Livestock 22/07/2015 31/03/2018 908 65 146 211 African countries to conserva- and Fish tion and sustainable utilization of African animal genetic resources AUI001 Developing livestock A4NH 16/07/2013 31/12/2015 279 417 - 417 traceability system for domestic and export market in pastoral areas of East Africa (LTS-EA) AU-IBAR subtotal 1,187 482 146 628 Agricultural Research Challenge Fund AGR004 Evaluation of breed composi- Livestock 01/05/2014 30/11/2016 483 314 132 446 tion, productivity and fitness and Fish for smallholder dairy cattle in emerging dairy regions of Tanzania AgriTT subtotal 483 314 132 446 Australian Centre for International Agricultural Research (ACIAR) ACI024 Fodder markets in East Java Livestock 01/06/2015 30/09/2016 163 36 52 88 and Fish ACI026 Assessing competitiveness of Livestock 10/10/2016 30/06/2017 55 - - - smallholder pig farming in the and Fish changing landscape of north west Vietnam ACIAR subtotal 218 36 52 88 Biotechnology and Biological Sciences Research Council (BBSRC) UOL001 Zoonoses in livestock in Kenya A4NH 01/08/2015 30/11/2019 1,524 34 267 301 (ZooLINK) BBSRC subtotal 1,524 34 267 301 Cab International UK CAB003 Nutrition project: Improved A4NH 29/04/2014 28/02/2017 1,187 284 512 796 nutrition for the poor as a result of behaviour change promoted by accessible mobile-based ser- vices delivered at scale through sustainable business models CABI subtotal 1,187 284 512 796 Department for International Development (DFID) DFI058 Index Based Insurance Initiative, Dryland 30/07/2012 30/09/2016 6,144 5,325 818 6,143 as part of Kenya Hunger Safety Systems Net Program DFID subtotal 6,144 5,325 818 6,143 2016 Financial Statements 56 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Deutsche Gesellschaft für Technische Zusammenarbeit (GIZ) GIZ005 Modern approaches to Livestock 13/06/2013 31/10/2016 1,555 848 520 1,368 development of vaccines for and Fish African swine fever control GIZ009 Development of an improved Livestock 01/04/2014 31/03/2017 1,655 529 370 899 vaccine for progressive and Fish control of contagious bovine pleuropneumonia GIZ015 Enhanced understanding of Livestock 01/02/2016 31/01/2018 112 - 12 12 zoonotic pathogens in camels’ and Fish livestock systems. The case of MERS-CoV and hepatitis E GIZ003 Risk based approaches to A4NH 01/03/2012 31/12/2015 1,614 1,479 1 1,480 improving food safety and market access in smallholder meat milk fish value chains in four African countries GIZ011 mPig: Mobile SMS learn- A4NH 01/01/2015 30/09/2017 90 37 37 74 ing for pigs: An innovative information sharing platform for smallholder pig farmers, traders, pork butchers and consumers GIZ008 Piloting climate adaptive CCAFS 01/10/2013 31/05/2016 300 307 49 356 forage seed system in Ethiopia (FeedSeed) GIZ012 In situ assessment of GHG CCAFS 01/03/2015 28/02/2018 1,346 323 476 799 emissions from two livestock systems in East Africa: De- termining current status and quantifying mitigation options GIZ014 Innovative feed system CCAFS 01/12/2015 31/03/2017 850 36 574 610 management for improving smallholder dairy production GIZ016 Maintenance of the genetic Genebanks 01/01/2016 31/12/2016 296 - 283 283 resource collections (Gene- bank) GIZ subtotal 7,818 3,559 2,322 5,881 Emory University EMU002 Women's empowerment in A4NH 01/09/2015 31/08/2018 86 - 18 18 agriculture–IMMANA project Emory subtotal 86 - 18 18 International Livestock Research Institute 57 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses European Community (EC) EUR016 Bridging biobanking and bio- Livestock 01/07/2015 31/05/2018 118 14 8 22 medical research across Europe and Fish and Africa–B3Africa (‘action’) EUR017 Linking biodiversity, ecosystem A4NH 01/09/2015 30/09/2018 282 14 81 95 functions and services in the Great Serengeti-Mara Ecosys- tem (GSME)–drivers of change, causalities and sustainable man- agement strategies EC subtotal 400 28 89 117 Food and Agriculture Organization of the United Nations (FAO) FAO046 Looking beyond income: Livestock 01/07/2014 30/06/2016 100 99 1 100 Impact of dairy hubs on human and Fish nutrition in Tanzania FAO047 Gender-sensitive production Livestock 04/12/2015 29/07/2016 25 - 25 25 assessment of Tanzania dairy and Fish sector FAO subtotal 125 99 26 125 Global Alliance for Livestock Veterinary Medicines (GALVMED) GAV002 BEN-1 vaccine evaluation CBPP Livestock 02/09/2015 31/12/2016 300 28 101 129 immunological studies and Fish GAV003 Development of a novel and Livestock 07/09/2015 07/07/2017 463 14 173 187 robust live vaccine for conta- and Fish gious caprine pleuropneumonia (CCPP) GAV004 Malignant catarrhal fever (MCF) Livestock 01/01/2016 31/12/2016 58 - 100 100 vaccine trial and Fish GALVMED subtotal 821 42 374 416 Global Crop Diversity Trust LTG001 Long term funding of ex situ Genebanks 01/01/2011 31/12/2016 325 702 66 768 collections of germplasm GCDT subtotal 325 702 66 768 Heifer International Project HEI005 East Africa Dairy Development Livestock 08/11/2013 30/09/2018 2,360 687 357 1,044 (EADD) Phase II and Fish Heifer subtotal 2,360 687 357 1,044 International Center for Agricultural Research in the Dry Areas (ICARDA) ICA004 Improving the performance Livestock 13/04/2015 12/04/2018 351 30 121 151 of pro-poor value chains of and Fish sheep and goats for enhanced livelihoods, food and nutrition security in Ethiopia ICARDA subtotal 351 30 121 151 2016 Financial Statements 58 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses International Center for Tropical Agriculture (CIAT) CIA006 Global framework for climate CCAFS 01/05/2015 31/12/2016 78 11 25 36 services adaptation program in Africa CIA007 Climate services for Africa CCAFS 01/10/2015 30/09/2018 488 29 33 62 CIA008 Climate services for agricul- CCAFS 01/01/2016 30/09/2018 336 - 9 9 ture: Empowering farmers to manage risk and adapt to a changing climate in Rwanda CIA009 Gender postdoctoral fellow- CCAFS 23/05/2015 31/12/2016 96 - 52 52 ship–CIAT, CCAFS social science fellow CIA010 Reducing and accounting CCAFS 15/08/2016 31/05/2017 100 - 1 1 for agriculture-driven GHG emissions in USAID's agriculture related work. CIAT subtotal 1,098 40 120 160 International Crop Research Institute for the Semi-Arid Tropics (ICRISAT) ICS017 Improving rural livelihoods Livestock 01/04/2013 31/03/2017 200 32 146 178 through innovative scaling up and Fish of science led participatory research for development in Karnataka ICS021 Africa Rising: Sustainable Dryland 01/03/2015 28/02/2016 109 68 31 99 intensification of key farming Systems systems in the Sudano- Sahelian Zone of West Africa ICS022 Africa Rising: Sustainable Dryland 01/03/2016 28/02/2017 126 - 68 68 intensification of key farming Systems systems in the Sudano- Sahelian Zone of West Africa ICRISAT subtotal 435 100 245 345 International Food Policy Research Institute (IFPRI) IFP035 Collaboration–Policy PIM 01/05/2015 31/03/2017 110 46 53 99 Institutions and Markets IFP036 Mitigating aflatoxin for im- Livestock 20/08/2015 31/12/2016 3 - 9 9 proving child growth (MAICE) and Fish project IFPRI subtotal 113 46 62 108 International Fund for Agricultural Research (IFAD) IFA025 Program design for Livestock 10/03/2016 30/11/2016 60 - 49 49 public private producers’ and Fish partnerships in small ruminants’ value chain development in India IFAD subtotal 60 - 49 49 International Livestock Research Institute 59 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses International Institute of Tropical Agriculture (IITA) IIT020 Driving livelihood improve- Humidtropics 01/10/2013 31/12/2016 282 204 43 247 ments through demand-orient- ed interventions for competi- tive production and processing of RTBs (Under CRP on Roots, Tubers, and Bananas for Food Security and Income) IIT021 Legume CHOICE: Realizing Humidtropics 01/04/2014 28/02/2017 374 209 95 304 the underexploited potential of multi-purpose legumes towards improved livelihoods and a better environment in crop-livestock system in East and Central Africa IIT023 Theme 2. Integrated livestock Humidtropics 01/12/2014 31/10/2015 133 133 - 133 feed component: Fodder and feed as a key opportunity for driving sustainable intensifica- tion of crop livestock systems in Tanzania IIT024 Crop-livestock systems–Ghana Humidtropics 01/06/2014 31/03/2016 150 63 85 148 IIT025 Sustainable intensification Humidtropics 01/05/2015 31/12/2016 120 79 27 106 of mixed tree-crop-livestock systems in Western Ethiopia IIT026 Theme 2. Integrated livestock Humidtropics 01/12/2015 31/10/2016 167 8 141 149 feed component: Fodder and feed as a key opportunity for driving sustainable intensifica- tion of crop livestock systems in Tanzania IIT027 Intensification of integrated Humidtropics 01/04/2016 31/12/2016 170 - 170 170 crop-livestock systems in northern Ghana for sustainable increase in smallholder farm productivity IITA subtotal 1,396 696 561 1,257 International Maize and Wheat Improvement Center (CIMMYT) CIM005 Agricultural Innovation Pro- Dryland 01/03/2013 30/03/2017 5,665 1,951 1,587 3,538 gram Systems CIM008 SIMLESA-2 Dr code- Humidtropics 01/07/2014 30/06/2018 703 60 106 166 CSE/2009/024 CIM006 Superior dual-purpose maize Livestock and 01/01/2014 31/03/2016 100 81 2 83 hybrids for more and better Fish food and fodder: Phase 2 2016 Financial Statements 60 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses International Maize and Wheat Improvement Center (CIMMYT) (Continued) CIM010* The Pan-American Transi- CCAFS 01/04/2016 31/03/2017 80 - 41 41 tion: Embedding system in development project in Mesoamerica CIMMYT subtotal 6,548 2,092 1,736 3,828 * Lead centre has specified that this is a W1/2 although we have a bilateral agreement with CIMMYT. International Potato Center (CIP) CIP002 Expanding utilization of Livestock 01/11/2014 30/11/2016 90 10 79 89 sweet potato and other root and Fish and tuber crop residues for pig feeds in Uganda CIP subtotal 90 10 79 89 International Relief and Development (IRD) IRD002 REVALTER Multi scale assess- Livestock 01/01/2013 31/12/2016 85 68 17 85 ment of livestock develop- and Fish ment pathways in Vietnam IRD subtotal 85 68 17 85 International Water Management Institute (IWMI) IWM018 Conservation of biodiversity Livestock 01/12/2015 31/12/2016 33 - 31 31 and ecosystems functions and Fish and improved well-being of highland and lowland com- munities within the Bale Eco Region (BER) IWM015** Enhancing the value of eco- WLE 05/06/2014 15/03/2017 980 439 243 682 systems services in pastoral systems´ IWM016** Managing water and food WLE 01/08/2014 31/12/2016 136 63 37 100 systems in the Volta–Niger basins IWM017* V8: Realizing the full biomass WLE 15/12/2014 31/12/2016 699 197 199 396 potential of mixed crop-live- stock systems in rapidly changing Sahelian agro-eco- logical landscapes IMWI subtotal 1,848 699 510 1,209 * Lead centre has specified that this is a W1/2 although we have a bilateral agreement with IWMI. ** Lead centre has specified that these are W3 funds although ILRI received the funds directly from IWMI. International Livestock Research Institute 61 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Ireland Embassy IRE005 Support towards a project on: Livestock 01/03/2014 30/04/2017 836 593 233 826 Smallholder pig value chains and Fish development in Uganda IRE006 More milk by and for the poor: Livestock 01/04/2014 31/05/2017 2,050 740 424 1,164 adapting dairy hubs for small- and Fish holder value chains in Tanzania Ireland subtotal 2,886 1,333 657 1,990 Kansas State University (KSU) KSU001 Sustainable intensification Livestock 01/10/2015 15/09/2019 998 - 70 70 through better integration of and Fish crop and livestock productions systems for improved food security and environmental benefits in Sahelian Zone in Burkina Faso KSU subtotal 998 - 70 70 Kenya Markets Trust (KMT) KMT001 Improvement of the agency Dryland 17/10/2016 28/02/2017 40 - 2 2 model in distribution of In- Systems dex-Based Livestock Insurance (IBLI)–A study of Takaful Insur- ance of Africa model KMT subtotal 40 - 2 2 Kifiya Financial Technology KFT001 Integrating the Index-Based Dryland 15/03/2016 31/03/2017 200 - 133 133 Livestock Insurance program in Systems Borena into the Kifiya insurance and digital financial service platform KFT subtotal 200 - 133 133 Land O'Lakes International Development Fund LOL001 Land O’Lakes International Livestock 12/07/2016 30/09/2018 159 - 20 20 Development Fund and Fish LOL subtotal 159 - 20 20 Ministry of Foreign Affairs Finland FIN002 Improving food security in West Livestock 01/01/2012 30/06/2016 1,234 1,455 181 1,636 and East Africa through capacity and Fish building in research and in- formation dissemination–Food Africa-BT FIN005 Improving food security in West Livestock 12/07/2016 30/09/2018 131 - 3 3 and East Africa through capacity and Fish building in research and in- formation dissemination–Food Africa 2 2016 Financial Statements 62 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Ministry of Foreign Affairs Finland (Continued) FIN003 Inception phase of the A4NH 01/01/2012 30/06/2016 603 744 52 796 programme improving food security in West and East Africa FIN004 Inception phase of the A4NH 01/05/2013 31/05/2016 161 458 45 503 programme improving food security in West and East Africa Finland subtotal 2,129 2,657 281 2,938 National Science Foundation (NSF) JCV002 BREAD: Toward development Livestock 01/12/2014 30/04/2017 303 33 107 140 of a vaccine for contagious and Fish bovine pleuropneumonia (CBPP) NSF subtotal 303 33 107 140 Navajbai Ratan Tata Trust (NRTT) SRT004 TATA-ILRI partnership on: Livestock 01/01/2015 31/03/2018 218 13 21 34 Enhancing sustainable and Fish livelihoods of marginal communities through targeted livestock research– HIMMOTTHAN SRT005 TATA-ILRI partnership on: Livestock 01/04/2015 31/03/2018 249 26 17 43 Enhancing sustainable and Fish livelihoods of marginal communities through targeted livestock research–INEIDA SRT006 TATA-ILRI partnership on: Livestock 01/04/2015 30/10/2017 174 9 15 24 Enhancing sustainable liveli- and Fish hoods of marginal communi- ties through targeted livestock research–NAVAJBAI RATAN TATA TRUST NRTT subtotal 641 48 53 101 Opec Fund for International Development (OFID)–Austria OFI001 Improved sorghum and pearl Livestock 01/06/2016 30/11/2017 150 - 3 3 millet forage cultivars for and Fish intensifying dairy systems OFID subtotal 150 - 3 3 International Livestock Research Institute 63 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Pamoja Media PME001 Transition the Climate Exchange CCAFS 17/01/2014 30/11/2016 50 35 - 35 Network for Africa (CENA) into the regional learning knowledge platform sharing of knowledge by network partners and other actors engaged in climate change adaptation and mitigation in Africa PME subtotal 50 35 - 35 Public Health Foundation of India PHF001 Promoting health, livelihood, A4NH 09/05/2014 31/10/2017 - - 33 33 and sustainable livestock systems PHF subtotal - - 33 33 Resource Conflict Institute RCI002 Implementing rangeland Livestock 30/06/2016 30/04/2017 75 - 55 55 initiative global component and Fish supported by International Land Coalition (ILC) RCI subtotal 75 - 55 55 Rural Development Administration–Korea KOR009 RDA-seconded scientist Livestock 02/02/2007 31/12/2016 480 473 2 475 and Fish KOR017 Effects of feeding on methane Livestock 01/01/2014 31/03/2017 120 62 55 117 emission in ruminants and Fish KOR018 Investigation of expression Livestock 01/01/2014 31/12/2016 120 88 32 120 profiles and genetic networks and Fish related to heat stress for domestic animals KOR019 Development of new forage Livestock 01/12/2015 31/12/2020 350 - 70 70 genetic resources and their and Fish utilization Korea subtotal 1,070 623 159 782 Synergos Institute SYI001 Support to the Ethiopian Agri- PIM 01/10/2014 30/09/2016 90 90 53 143 cultural Transformation Agency SYI subtotal 90 90 53 143 Terra Nuova TEN003 Provision of Livestock Invest- PIM 03/03/2016 30/06/2018 436 - 121 121 ment and Vocational Education Program (LIVES) Somalia Terra Nuova subtotal 436 - 121 121 2016 Financial Statements 64 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses Texas A&M AgriLife Research TEX013 Evaluation of the relationship Livestock 01/10/2015 15/09/2019 21 - 21 21 between sustainably and Fish intensified production systems and farm family nutrition TEX012 Feed the Future Innovation WLE 01/11/2013 30/09/2017 842 431 197 628 Lab on Small-scale Irrigation in Ethiopia, Tanzania, and Ghana (ILSSI) Texas subtotal 863 431 218 649 The International Land Coalition ILC002 NES formulation Livestock 01/08/2016 31/05/2017 144 - 81 81 and Fish ILC subtotal 144 - 81 81 The Regents of the University of California RUC001 Assets and Markets Access Dryland 01/09/2014 30/09/2016 190 144 45 189 Collaborative Research Sup- Systems port Program RUC subtotal 190 144 45 189 The Royal Institute of International Affairs (RIIA) RIA001 Royal Institute of Internation- A4NH 01/04/2016 31/10/2016 15 - 13 13 al Affairs (RIIA) RIA subtotal 15 - 13 13 United Nations-UNEP-GEF/UNOPS/UNEP-DEPI GEF007 Development and application Livestock 01/03/2009 30/06/2016 1,983 1,753 40 1,793 of decision-support tools to and Fish conserve and sustainably use genetic diversity in indigenous livestock and wild relatives UNEP subtotal 1,983 1,753 40 1,793 United States Agency for International Development (USAID) USA073 Collaboration to advance Livestock 15/08/2012 14/08/2017 924 704 178 882 vaccine control of East Coast and Fish fever (Theileria parva) USAID subtotal 924 704 178 882 United States Department for Agriculture (USDA) USD019 Cooperation in animal pro- A4NH 30/09/2013 31/03/2016 30 31 (2) 29 duction and protection USDA subtotal 30 31 (2) 29 University of Edinburgh UOE007 Poultry genomic work under Livestock 01/10/2015 31/12/2016 170 - 2 2 CTLGH and Fish UOE003 MRC-ESEI project, awarded A4NH 01/12/2011 30/04/2017 453 461 91 552 UOE International Livestock Research Institute 65 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses University of New England UNE002 Global development grant No Livestock 28/08/2013 31/12/2016 488 479 8 487 OPP1071835 Dairy Genetics and Fish East Africa (DGEA) Phase 2 UNE subtotal 488 479 8 487 Wageningen University WAN002 Putting nitrogen fixation to work Humidtrop- 01/01/2014 01/11/2018 2,392 764 601 1,365 for smallholder farmers in Africa ics Phase II WAN004 Improving village chicken Livestock 01/04/2015 31/03/2019 49 - - - protection to elevate livelihoods and Fish of poor people in Ethiopia WAN003 Climate and clean air coalition CCAFS 04/08/2014 30/06/2016 419 389 34 423 to reduce short-lived climate pollutants (CCAC) WAN subtotal 2,860 1,153 635 1,788 Wellcome Trust WEL014 Reducing livestock's Humidtrop- 01/04/2016 30/11/2016 43 - 30 30 contribution to antimicrobial ics resistance in low- and middle- income countries WEL013 Catalyzing uptake of research Livestock 01/04/2015 30/11/2016 27 3 22 25 and Fish WEL subtotal 70 3 52 55 World Agroforestry Centre (ICRAF) ICR007 Drylands restoration Dryland 01/04/2015 31/01/2018 301 75 84 159 Systems ICR006 Local governance and adapting CCAFS 01/01/2015 31/12/2016 345 146 169 315 to climate change ICRAF subtotal 646 221 253 474 World Bank WBA030 Kenya Hunger Safety Net Livestock 31/01/2016 31/12/2016 200 - 200 200 Program and Fish WBA032 Kenya Livestock Insurance Livestock 04/10/2016 31/08/2018 800 - 199 199 Program and Fish WBA031 World Bank food safety risk A4NH 06/01/2016 30/09/2016 61 - 61 61 management study World Bank subtotal 1,061 - 460 460 SUBTOTAL D: 53,826 25,572 12,500 38,072 2016 Financial Statements 66 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses E: RESTRICTED OTHER–BILATERAL Australian Centre for International Agricultural Research (ACIAR) ACI025 Sponsorship contribution for Non-CRP 28/06/2016 31/08/2016 8 - 8 8 the advanced genomics and bioinformatics workshop ACIAR subtotal 8 - 8 8 Biotechnology and Biological Sciences Research Council (BBSRC) BBS004 Modelling and manipulation Non-CRP 01/11/2012 31/10/2016 468 385 156 541 of plant-aphid interactions: A new avenue for sustainable disease management of an important crop in Africa BBSRC subtotal 468 385 156 541 Canadian International Development Agency (CIDA) CID006 Livestock and Irrigation Non-CRP 01/04/2012 31/12/2018 19,258 11,011 3,772 14,783 Value Chain for Ethiopia Smallholders (LIVES) CIDA subtotal 19,258 11,011 3,772 14,783 Generation Challenge Programme (GCP) GCP004 Service as a regional hub Non-CRP 01/06/2014 30/11/2016 150 100 50 150 of the integrated breeding platform GCP subtotal 150 100 50 150 Commonwealth Scientific and Industrial Research Organization (CSIRO) CSI005 BecA-CSIRO partnership Non-CRP 01/07/2015 31/05/2017 754 319 1,427 1,746 CSIRO subtotal 754 319 1,427 1,746 Defense Threat Reduction Agency/J4C DTR001 Africa swine fever virus ge- Non-CRP 07/07/2016 07/07/2017 315 - 7 7 nome sequencing to underpin control DTR subtotal 315 - 7 7 Gulu University GUL001 Development and validation Non-CRP 15/05/2016 18/05/2018 100 - 16 16 of new diagnostic tools for detection and characteristics of sweet potato viruses in East Africa using next generation sequencing Gulu subtotal 100 - 16 16 International Livestock Research Institute 67 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses International Development Research Centre (IDRC) IDR017 An international Symposium for Non-CRP 19/05/2016 19/08/2017 30 - 27 27 cavy production IDRC subtotal 30 - 27 27 International Food Policy Research Institute (IFPRI) IFP027 Consolidation of the Regional Non-CRP 01/01/2011 31/12/2016 2,362 2,077 224 2,301 Strategic and Knowledge Support System in Eastern and Central Africa (ReSAKSS) Phase II IFP029 SNV-IFPRI project on evidence Non-CRP 01/07/2016 28/02/2017 150 - 33 33 based advocacy IFPRI subtotal 2,512 2,077 257 2,334 Kenya Agricultural and Livestock Research Organization (KALRO) KAR002 Bovine pleuropneumonia Non-CRP 20/05/2015 17/03/2018 134 70 41 111 Phase2 KALRO subtotal 134 70 41 111 SNV Netherlands Development Organization SNV002 Red meat value chain Non-CRP 01/01/2013 31/12/2019 2,073 83 77 160 development in Maputo and Limpopo corridors (Prosul Project) SNV subtotal 2,073 83 77 160 Swedish International Development Cooperation (SIDA) SID003 Climate-smart Brachiaria Non-CRP 01/11/2012 31/12/2017 5,556 4,154 1,121 5,275 grasses for improving livestock production in East Africa SID004 Sweden supplement: Brachiaria Non-CRP 22/11/2013 31/12/2016 6,154 6,049 74 6,123 SID005 Bio-innovate (Phase 1 closure) Non-CRP 01/12/2015 28/02/2016 120 1 51 52 SIDA subtotal 11,830 10,204 1,246 11,450 Technical Centre for Agricultural and Rural Cooperation (CTA) CTA005 CTA/ILRI African dairy value Non-CRP 04/04/2015 13/12/2015 27 18 4 22 chain conference CTA subtotal 27 18 4 22 The Federal Democratic Republic of Ethiopia DRE001 Baseline survey for regional Non-CRP 01/07/2016 31/03/2017 351 - 20 20 pastoral livelihood resilient project (RPLRP) DRE subtotal 351 - 20 20 2016 Financial Statements 68 Exhibit II Restricted grant revenue FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) Grant Project title CRP Start End Total Prior Expenses Total code date date pledged year 2016 expenses expenses The Nelson Mandela African Institution of Science and Technology (NM-AIST) NMA001 Global health, emerging Non-CRP 20/04/2016 19/11/2018 246 - 23 23 infectious diseases and food safety Implication of bushmeat consumption in Tanzania NM-AIST subtotal 246 - 23 23 United Nations Economic Commission for Africa (UNECA) CIL001 Development and promotion Non-CRP 01/10/2013 20/11/2014 70 58 5 63 of regional value chains for strategic commodities in West Africa UNECA subtotal 70 58 5 63 University of Exeter UOE004 Durable rice blast resistance Non-CRP 01/09/2012 30/09/2017 249 29 27 56 through genomic analysis of the host pathogen interaction UOE subtotal 249 29 27 56 University of Florida (UF) UOF001 Livestock Systems Innovation Non-CRP 01/03/2016 30/09/2020 1,528 - 50 50 Lab (LSIL) UoF subtotal 1,528 - 50 50 SUBTOTAL E: 40,103 24,354 7,213 31,567 GRAND TOTAL 433,542 189,751 67,526 257,277 International Livestock Research Institute 69 Exhibit III CRP expenditure reports FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON DRYLAND SYSTEMS Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 20 158 1,049 - 1,227 Collaboration costs–centres - 60 192 - 252 Collaboration costs–partners - 63 80 - 143 Supplies and services 8 110 991 - 1,109 Operational travel 2 26 141 - 169 Depreciation - - - - - Cost sharing percentage - - 24 - 24 Subtotal of direct costs 30 417 2,477 - 2,924 Indirect costs 5 50 291 - 346 Total–all costs 35 467 2,768 - 3,269 CRP ON INTEGRATED HUMID TROPICS Window 1 Bilateral Centre Total fund- Natural classification and 2 Window 3 funding funds ing Personnel 191 711 392 235 1,529 Collaboration costs–centres - 360 - - 360 Collaboration costs–partners 4 - 439 - 443 Supplies and services 194 386 236 - 816 Operational travel 20 92 96 - 208 Depreciation - - - - - Cost sharing percentage - - 26 - 26 Subtotal of direct costs 409 1,549 1,189 235 3,382 Indirect costs 55 221 108 - 384 Total–all costs 464 1,770 1,297 235 3,766 CRP ON POLICIES, INSTITUTIONS AND MARKETS Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 254 60 159 256 729 Collaboration costs–centres - - - - - Collaboration costs–partners - 41 - - 41 Supplies and services 81 52 42 62 237 Operational travel 14 10 - 9 33 Depreciation - - - - - Cost sharing percentage - - 5 - 5 Subtotal of direct costs 349 163 206 327 1,045 Indirect costs 52 17 22 - 91 Total–all costs 401 180 228 327 1,136 2016 Financial Statements 70 Exhibit III CRP expenditure reports FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON LIVESTOCK AND FISH Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 5,022 3,648 1,840 102 10,612 Collaboration costs–centres - 2,306 - 979 3,285 Collaboration costs–partners 360 4,538 616 - 5,515 Supplies and services 3,523 3,163 1,310 71 8,067 Operational travel 340 737 257 2 1,336 Depreciation - 474 - - 474 Cost sharing percentage - - 89 - 89 Subtotal of direct costs 9,245 14,867 4,113 1,153 29,378 Indirect costs 1,596 1,903 397 - 3,896 Total–all costs 10,841 16,770 4,510 1,153 33,275 Note: The W1/2 includes expenses of USD 8,000 for agreements on gender (CGI001 CGI002 grants) signed with the SMO. CRP ON AGRICULTURE FOR NUTRITION AND HEALTH Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 503 24 401 88 1,016 Collaboration costs–centres - - - - - Collaboration costs–partners - (38) 2 - (36) Supplies and services 203 14 546 28 791 Operational travel 31 10 67 - 108 Depreciation - - 33 4 37 Cost sharing percentage - - 25 - 25 Subtotal of direct costs 737 10 1,074 120 1,941 Indirect costs 111 1 138 - 250 Total–all costs 848 11 1,212 120 2,191 International Livestock Research Institute 71 Exhibit III CRP expenditure reports FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON WATER, LAND AND ECOSYSTEMS Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 18 - 305 - 323 Collaboration costs–centres - - - - - Collaboration costs–partners - - 217 - 217 Supplies and services 5 - 87 - 92 Operational travel - - 17 - 17 Depreciation - - - - - Cost sharing percentage - - 13 - 13 Subtotal of direct costs 23 - 639 - 662 Indirect costs 45 - 37 - 82 Total–all costs 68 - 676 - 744 Note; For reconciliation purposes the lead centre has specified that out of the total reported as bilateral funds USD 198,379 relates to W1/2 although ILRI has a bilateral agreement with IWMI and USD 279,528 was W3 grant although we received the funds directly from the lead centre. CRP ON CLIMATE CHANGE, AGRICULTURE AND FOOD SECURITY Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 870 36 605 364 1,875 Collaboration costs–centres - - - - - Collaboration costs–partners 373 - 149 - 522 Supplies and services 583 24 396 104 1,107 Operational travel 164 3 121 1 289 Depreciation - - - - - Cost sharing percentage - - 29 - 29 Subtotal of direct costs 1,990 63 1,300 469 3,822 Indirect costs 296 5 161 - 462 Total–all costs 2,286 68 1,461 469 4,284 2016 Financial Statements 72 Exhibit III CRP expenditure reports FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON MANAGING AND SUSTAINING CROP COLLECTIONS Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 524 - 65 - 589 Collaboration costs–centres - - - - - Collaboration costs–partners 77 - - - 77 Supplies and services 492 - 214 - 706 Operational travel 18 - 2 - 20 Depreciation 34 - 28 - 62 Cost sharing percentage - - 6 - 6 Subtotal of direct costs 1,145 - 315 - 1,460 Indirect costs 187 - 34 - 221 Total–all costs 1,332 - 349 - 1,681 Note: The total amount under W1 and 2 includes expenses for the 2011 Genebank funding and RAP CRP ON LIVESTOCK AND FISH–LEAD CENTRE Window 1 Bilateral Centre Total Natural classification and 2 Window 3 funding funds funding Personnel 5,022 3,648 1,840 102 10,612 Collaboration costs–centres 3,971 2,306 - 979 7,256 Collaboration costs–partners 360 4,538 616 - 5,515 Supplies and services 3,523 3,163 1,310 71 8,067 Operational travel 340 737 257 2 1,336 Depreciation - 474 - - 474 Cost sharing percentage - - 89 - 89 Subtotal of direct costs 13,216 14,867 4,113 1,153 33,349 Indirect costs 1,596 1,903 397 - 3,896 Total–all costs 14,812 16,770 4,510 1,153 37,245 Note: Full analysis of the CRP expenses is available in the L-series reports International Livestock Research Institute 73 Exhibit IV CRP WI and W2 funding report FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON DRYLAND SYSTEMS Window 1 CRP on Dryland Systems and 2 Opening balance (465) Add: cash receipts from lead centre 500 Less: disbursements 35 Closing balance - CRP ON HUMID TROPICS Window 1 CRP on Humid Tropics and 2 Opening balance 57 Add: cash receipts from lead centre 341 Less: disbursements 464 Closing balance (66) CRP ON POLICIES, INSTITUTIONS AND MARKETS Window 1 CRP on Policies, Institutions and Markets and 2 Opening balance 402 Add: cash receipts from lead centre - Less: disbursements 401 Closing balance 1 CRP ON AGRICULTURE FOR NUTRITION AND HEALTH Window 1 CRP on Agriculture for Nutrition and Health and 2 Opening balance (2,905) Add: cash receipts from lead centre 3,195 Less: disbursements 848 Closing balance (558) CRP ON WATER, LAND AND ECOSYSTEMS Window 1 CRP on Water, Land and Ecosystems and 2 Opening balance (47) Add: cash receipts from lead centre 97 Less: disbursements 68 Closing balance (18) 2016 Financial Statements 74 Exhibit IV CRP WI and W2 funding report FOR THE YEAR ENDED 31 DECEMBER 2016 (USD ‘000) CRP ON CLIMATE CHANGE, AGRICULTURE AND FOOD SECURITY Window 1 CRP on Climate Change, Agriculture and Food Security and 2 Opening balance (3,760) Add: cash receipts from lead centre 5,355 Less: disbursements 2,286 Closing balance (691) Window 1 CRP for Genebanks and 2 Opening balance (143) Add: cash receipts from lead centre 1,430 Less: disbursements 1,287 Closing balance - CRP ON LIVESTOCK AND FISH Window 1 Window 1 CRP on Livestock and Fish and 2 and 2 Opening balance held by lead centre 7,460 Add: cash receipts from Consortium Office* 7,521 Less: disbursements CIAT (1,700) ICARDA (650) World Fish (1,621) ILRI–lead centre* (10,842) Total disbursements (14,813) Closing balance held by lead centre 168 Note: * Income and expenditure for the gender Postdoc agreements (CGI001 and CGI002 grants) is excluded in the cashflow because it not part of PIA. International Livestock Research Institute 75 Notes 2016 Financial Statements 76 Notes International Livestock Research Institute 77 Notes 2016 Financial Statements 78 International Livestock Research Institute 79 2016 Financial Statements 80 The International Livestock Research Institute (ILRI) works to improve food and nutritional security and reduce poverty in developing countries through research for efficient, safe and sustainable use of livestock. Co-hosted by Kenya and Ethiopia, it has regional or country offices and projects in East, South and Southeast Asia as well as Central, East, Southern and West Africa. ilri.org CGIAR is a global agricultural research partnership for a food- secure future. Its research is carried out by 15 research centres in collaboration with hundreds of partner organizations. cgiar.org CCGGIIAAR 92–9146–505-4 R