For sustainable landscapes and prosperous societies Financial Statements December 31, 2014 Including Report of the Independent Auditors Contents Page Members of the CIAT Board of Trustees 1 Independent Auditor's Report 2 Statement by the Chair of the Board of Trustees 4 Management Report 6 Board Statement on CIAT Risk Management – 2014 7 Appendix I: Statement of Financial Position 8 Appendix II: Statement of Activity Appendix III: Statement of Changes in Net Assets 9 10 Appendix IV: Statement of Cash Flows 11 Notes to the Financial Statements 12 Note 1: Objective 12 Note 2: Summary of major accounting policies 12 Note 3: Cash and cash equivalents 16 Note 4: Investments and investment policy 16 Note 5: Accounts receivable – Donors 18 Note 6: Accounts receivable – Employees 18 Note 7: Accounts receivable – Other CGIAR Centers 19 Note 8: Accounts receivable, net – Others 19 Note 9: Inventories 19 Note 10: Property, plant, and equipment 19 Note 11: Other non-current accounts receivable 20 Note 12: Accounts payable – Donors 20 Note 13: Accounts payable – Employees 20 Note 14: Accounts payable – CGIAR Centers, accruals, and others 20 Note 15: Support to partners – Challenge Programs 21 Note 16: Funds in trust 21 Note 17: Provisions 21 Note 18: Net assets 22 Note 19: Other revenues and gains 22 Note 20: Research expenses 22 Note 21: Management and general expenses 22 Note 22: Other losses and expenses 23 Note 23: Financial instruments – Foreign currency risk management 23 Note 24: Contingent assets 24 Note 25: Contingent liabilities 24 Exhibit I: Schedule of Grant Revenue 25 Exhibit II: Schedule of Restricted Projects 28 Exhibit III: Schedule of Property, Plant, and Equipment 49 Exhibit IV: Schedule of Financial Indicators: Indirect Costs Rate & Center Reserves 50 Exhibit V: CRP Report by Natural Classification 51 Exhibit VI: CRP Funding Report 55 Exhibit VII: Consolidated CRP 7 - CCAFS Report by Natural Classification 59 Exhibit VIII: Consolidated CRP 7 - CCAFS Funding Report 60 Exhibit IX: Supplemental Schedule 1 HarvestPlus Challenge Program – CIAT 61 Exhibit IXa: Supplemental Schedule 2 HarvestPlus Challenge Program – CIAT & IFPRI 64 Exhibit X: Schedules of the European Commission, IFAD, and German contributions 69 Members of the CIAT Board of Trustees Updated on 1 January 2015 Member Wanda Collins (Female, USA) (Board Chair 1 Jan 2012 - 31 Dec 2015) Geoffrey Hawtin (Male, UK/Canada) (Vice Chair 1 Jan 2012 - 31 Dec 2016) Terms of membership Expertise 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1 May 2010 - 31 Dec 2015 International Agricultural Science Expert 1 Jan 2011 - 31 Dec 2016 International Agricultural Science Expert John Hamer (Male, USA) Program Focal Point 2014 Member of the Audit & Risk Committee GRiSP Representative Biotech, Private sector, Banking and Finance and Fundraising Experience Graham Joscelyne (Male, South Africa) (Audit & Risk Committee Chair 1 Jan 2011 - 31 Dec 2016) Juan Camilo Restrepo (Male, Colombia) Member of the Audit & Risk Committee Charles Rice Risk and Financial Management, Governance 1 Jan 2011 - 31 Dec 2016 1 Jan 2014 - 31 Dec 2016 Governance, Financial Management, Public Sector Experience 14 Feb 2013 - 31 Dec 2015 (Male, USA) CCAFS-ISP Representative Soils and Climate Change Expertise Ruth Oniang'o (Female, Kenya) Food Science and Nutrition, Gender Issues, Public Sector Experience Agnes Rola Social Science, Data and Policy Analysis (Female, Philippines) 18 Nov 2012 - 31 Dec 2015 1 Jan 2012 - 31 Dec 2017 1 Jan 2015 - 31 Dec 2017 Ex officio members Ruben Echeverría (Male, Uruguay) Director General, CIAT Aurelio Iragorri Valencia (Male, Colombia) Juan Lucas Restrepo (Male, Colombia) Member of the Audit Committee Ignacio Mantilla (Male, Colombia) Director General, Agronomy, Agricultural Economics, Rural Development, R&D Management Colombia's Minister of Agriculture and Rural Development CORPOICA Executive Director, Agricultural Development, Agric. Economics, Trade and Commercialization of Agricultural Products 24 Mar 2009 - 24 Mar 2019 19 Ago 2014 - ... 26 July 2008 ‐ ... 2 May 2012 - ... Rector, National University of Colombia 1 2 3 2014 Institutional Highlights By the Chair of the CIAT Board of Trustees All too often, strategic plans go on the shelf within months after they are completed. In contrast, CIAT’s strategy for 2014-2020 went on the road over the last year. We shared it widely with donors and partners, and engaged them in planning novel initiatives that flow from the strategy. This audience included many distinguished visitors to CIAT, among them Darren Walker, president of the Ford Foundation, and a group of science and industry leaders associated with the Latin America Conservation Council (LACC), which works in partnership with The Nature Conservancy (TNC). LACC held its fourth annual meeting at our headquarters in November. One strategic undertaking to which we are giving special attention involves the creation of a new plant genetic resources hub at Center headquarters in Colombia. For nearly four decades, CIAT’s genebank has resided at the heart of our efforts to make tropical agriculture more productive and resilient. By creating a new state-of-the-art genebank, we will be able to provide not only valuable seed but also digital genetic information that helps researchers harness the seed’s development power. CIAT’s host country, Colombia – considered the second most biodiverse country in the world, after Brazil – stands to gain significantly from the new genebank and is actively involved in its planning. The novel facility will conserve biodiversity and play a critical role in making Colombia’s agriculture more competitive, sustainable, and climate smart – key aims of our collaboration with the country’s Ministry of Agriculture and Rural Development (MADR) and Colombian Corporation of Agricultural Research (Corpoica). The German government recently provided funding for infrastructure that facilitates genebank functions, and this augurs well for our campaign to build further support. We believe the new hub will closely complement the efforts of the Global Crop Diversity Trust, whose executive director, Marie Haga, honored us with a visit this year. Center scientists are pursuing several other avenues opened up by the strategy, including these three forward-looking initiatives:  LivestockPlus – Fast-tracking tropical forages for twin-win agricultural systems  Ecosystem Action – Renewing rural landscapes for improved food security and livelihoods  FoodLens – Sharpening the focus of research on sustainable food systems The initiatives now have well-defined research agendas and are rapidly gaining buy-in through new partnerships. A widely publicized study on changes in global food supplies over the last 50 years – which appeared in the Proceedings of the National Academy of Sciences of the USA (PNAS) – stimulated global interest in our perspectives on food systems. Sizable grants have already been approved for LivestockPlus and Ecosystem Action, one of which (from Germany’s environmental ministry) supports development of sustainable land-use options for climate change adaptation and mitigation in the Colombian and Peruvian Amazon. Recent developments on another major front – climate-smart agriculture (CSA) – have cleared the way for rapid progress toward CIAT’s strategic objectives. Last October, Center experts presented profiles on CSA for seven countries across Latin America and the Caribbean to a standing-room-only audience at World Bank headquarters. The products prompted support for a similarly ambitious effort with African countries, to be conducted through the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS or CRP7), which CIAT leads. 4 In another climate coup, CIAT scientists were named one of two winners of the Big Data Climate Challenge, which the United Nations awarded at its high-level Climate Summit, held last September in New York City. The award recognized our collaborative work with MADR and Colombia’s National Rice Growers Association (Fedearroz) to help blunt the impacts of climate change in rice production through practical applications of big data tools. The other award winner was the Global Forest Watch system of the World Resources Institute (WRI), which has recently adopted CIAT’s Terra-i tool for near real-time monitoring of land-use change. We worked with WRI to showcase this joint effort at the Global Landscapes Forum (GLF) 2014, a major event held in December at Lima, Peru, alongside the 20th Conference of the Parties to the UN Framework Convention on Climate Change, or COP20. During GLF, CIAT also joined WRI and other partners in the high-level launch of Initiative 20x20, which aims to get the restoration of 20 million hectares of degraded land on track in Latin America by 2020. Attended by a half dozen agricultural and environmental ministers and an equal number of CEOs from private investment funds, the launch marked an auspicious beginning for this exciting effort. In relation to Initiative 20x20 and other partnerships, CIAT will work to heighten the profile of soil and ecosystem health throughout 2015, which the United Nations General Assembly has declared the International Year of Soils. CIAT also stood on solid ground financially in 2014. Total revenues reached US$133 million, compared to $114 million in 2013. The Center is now fully recovering all indirect as well as research and technical support costs. If additional and unbudgeted projects are executed, recovery is positive and allows further reduction of the indirect cost rate in the following year. Implementation of projects has advanced faster than anticipated, increasing daily expenditures to over $220,000 and thus affecting reserve days negatively, despite a surplus of $3.8 million. CIAT generates $2.2 million through sound financial management. In addition, the Center is making good progress toward full compliance with International Financial Reporting Standards. Wanda Collins Chair, CIAT Board of Trustees 16 March 2015 5 6 Board Statement on CIAT Risk Management – 2014 The Center’s Board of Trustees, primarily through its Audit and Risk Committee (ARC), has responsibility for overseeing the effectiveness of the risk management system that management has put in place to identify, manage, and monitor significant risks to the achievement of CIAT’s business objectives, and to ensure alignment with CGIAR principles and guidelines that have been adopted by all CGIAR Centers. These risks are operational, financial and reputational in nature and are inherent to the modus operandi and geographic spread of CIAT’s activities - including its duties and responsibilities as Lead Center for CCAFS (the CGIAR Research Program on Climate Change, Agriculture and Food Security) operations. Taken together, the risks are as dynamic as the environment in which CIAT operates. Some of the risks could result in loss. Other risks, if carefully and thoughtfully exploited could be used to CIAT’s advantage. Management has therefore drafted a risk management policy (for Board approval shortly) and has already put in place risk mitigation practices that have been communicated to all staff. These include a risk framework by which management identifies, evaluates and prioritizes risks and opportunities across the organization; assigns risk owners; develops risk mitigation strategies (including internal controls) which balance benefits with costs; monitors the implementation of these strategies; and periodically reports to the Board on its effectiveness. The ARC routinely receives an update on risk management and progress against agreed targets that will improve its efforts overall. Taken together, the ARC is satisfied with the attention paid by management to risk in CIAT’s own activities - as well as those related to CCAFS-CRP7. Thus assured, the ARC communicates to the Board on its views on the effectiveness and efficiency of CIAT’s management of risk. With regard to CIAT’s 2014 Annual Financial Statements and the effectiveness of internal controls over financial reporting, the ARC reviewed management’s assertions in its 2014 Management Letter of Representation (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 is adequate. Management’s assertion is complemented by the Internal Audit Unit’s (IAU) recent risk management audit that concludes that CIAT’s overall risk management system is Satisfactory. J. Graham Joscelyne Chair, CIAT Audit and Risk Committee 31 March 2015 7 8 Appendix II Centro Internacional de Agricultura Tropical (CIAT) Statement of Activity For the periods ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) 2014 Note Unrestricted Restricted CRPs 2013 Restricted Non-CRP Total 2014 Unrestricted Restricted CRPs Restricted Non-CRP Total 2013 Revenue and gains Grant revenue Windows 1 & 2 - Window 3 49 Bilateral Total grant revenue Other revenue and gains Exhibits I & II 19 Total revenue and gains 49 2,203 74,495 - 74,495 7,035 651 7,735 44,586 4,144 48,730 126,116 4,795 130,960 - - 78 78 68,939 - 68,939 5,155 873 6,106 31,461 6,052 37,513 105,555 6,925 112,558 2,203 1,730 2,252 126,116 4,795 133,163 1,808 105,555 - 6,925 - 114,288 1,730 Expenses and losses Research direct expenses 20 691 52,028 3,530 56,249 255 44,461 4,560 49,276 CGIAR collaborator expenses 20 - 44,689 - 44,689 - 39,033 103 39,136 Non-CGIAR collaborator expenses 20 19,024 714 19,808 - 12,461 1,517 13,978 General and administration expenses 21 (1,619) 10,375 551 9,307 9,600 745 9,451 Other expenses and losses 22 (711) Total operating expenses Surplus (deficit) for the year 70 (1,569) - - 126,116 4,795 (711) 129,342 (894) (639) 105,555 6,925 111,841 3,821 - - 3,821 2,447 - - 2,447 9,503 23,429 1,446 34,378 9,632 20,502 1,749 31,883 - 44,689 - 44,689 - 39,033 103 39,136 19,024 714 19,808 - 12,461 1,517 13,978 (2,560) 23,251 1,672 22,363 (2,982) 17,726 2,127 16,871 1,187 4,294 319 5,800 1,145 4,633 476 6,254 92 279 30 401 18 179 46 243 1,065 775 63 1,903 1,893 1,421 162 3,476 - (10,345) 9,600 745 (639) 105,555 6,925 Expenses by natural classification Personnel CGIAR collaboration Other collaboration Supplies and services Travel Cost sharing percentage Depreciation Indirect cost recovery Total operating expenses 70 (10,926) 10,375 551 (1,569) 126,116 4,795 See accompanying notes to the financial statements. 9 129,342 111,841 Appendix III Centro Internacional de Agricultura Tropical (CIAT) Statement of Changes in Net Assets For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Capital invested in fixed assets Balance as of January 1, 2013 Temporary net assets Designated Undesignated Reserve for replacement of fixed assets Reserve for research activities Reserve for future separation costs 1,270 1,864 Depreciation for the year - (3,476) 3,476 - - - - - Additions during the year - 4,280 (4,280) - - - - - Disposal during the year - - - - - - - 2,447 Surplus (deficit) of revenue over expenditure 2,361 - 599 Unrealized gain/(loss) - Hedging operations - - - - Reserves moved (from) designated to undesignated 800 - - - 17,123 7,739 1,428 1,351 - Depreciation for the year - (1,903) 1,903 - Additions during the year - 2,817 (2,817) - Disposal during the year - - Balance as of December 31, 2013 Surplus (deficit) of revenue over expenditure (235) 235 (513) (800) 86 - (165) (800) 25,359 (165) - - 10,518 - 27,641 - - - - - - - - - - - - - 3,821 3,739 - 669 Unrealized gain/(loss) - Hedging operations - - - - - - (559) (559) Actuarial gain/(loss) - Employees defined benefits - - - - - - (156) (156) 20,862 8,418 1,418 764 - 10,600 (715) Balance as of December 31, 2014 See accompanying notes to the financial statements. 10 (587) - 165 Total 7,298 363 11,232 Other comprehensive income 13,962 (363) 800 Subtotal - 82 30,747 Appendix IV Centro Internacional de Agricultura Tropical (CIAT) Statement of Cash Flows For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) 2014 2013 Cash flows used in operating activities Net surplus 3,821 2,447 1,903 (25) (177) - 2,636 (85) (142) 840 (194) 7,651 (73) (955) (2,545) 472 72 (7,589) 159 (789) (1,038) (218) 85 (291) (725) (199) 9,777 1,749 (1,006) (1,993) (361) (854) (1,670) 99 (653) (36) 3,431 (5,067) (545) 1,059 Net cash provided by operating activities 16,532 (7,561) Cash flows from investment activities Purchase of long-term investments Proceeds from sale of long-term investments Acquisition of equipment Proceeds from disposal of fixed assets (16,763) 12,762 (2,817) 412 (12,761) 10,200 (4,280) 505 (6,406) (6,336) (715) (165) Adjustments to reconcile net cash provided by operating activities: Depreciation Net change in provisions for bad debts Loss/(gain) on disposal of equipment Fixed assets written-off Net (gain)/Loss on sale of investments Decrease (increase) in assets: Accounts receivable Donors Employees Other CGIAR Centers Others Inventories Prepaid expenses Other non-current receivables Increase (decrease) in liabilities: Accounts payable Donors Employees Other CGIAR Centers Accruals Others Support to partners Funds in trust Provisions Net cash used in investment activities Cash flows from temporary net assets - Other comprehensive income Net increase (decrease) in cash 9,411 (14,062) Cash and cash equivalents at the beginning of the period 25,591 39,653 Cash and cash equivalents at the end of the period 35,002 25,591 See accompanying notes to the financial statements. 11 Centro Internacional de Agricultura Tropical (CIAT) Notes to the Financial Statements For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Note 1: Objective Mission To reduce hunger and poverty, and improve human nutrition in the tropics through research aimed at increasing the ecoefficiency of agriculture. Eco-efficiency vision CIAT develops technologies, methods, and knowledge that better enable farmers, mainly smallholders, to enhance ecoefficiency in agriculture. This means we make production more competitive and profitable as well as sustainable and resilient through economically and ecologically sound use of natural resources and purchased inputs. Research areas CIAT has global responsibility for the improvement of two staple foods, cassava and common bean, together with tropical forages for livestock. In Latin America and the Caribbean, we also conduct research on rice. Representing diverse food groups and a key component of the world’s agricultural biodiversity, those crops are vital for global food and nutrition security. In its work on agrobiodiversity, the Center employs advanced biotechnology to accelerate crop improvement. Progress in our crop research also depends on unique collections of genetic resources – 65,000 crop samples in all – which we hold in trust for humanity. Alongside its research on agrobiodiversity, CIAT works in two other areas – soils and decision and policy analysis – which cut across all tropical crops and production environments. Center soil scientists conduct research across scales – from fields and farms to production systems and landscapes – to create new tools and knowledge that help reduce hunger through sustainable intensification of agricultural production, while restoring degraded land and supporting decision making for climate-smart agriculture. CIAT’s work on decision and policy analysis harnesses the power of information to influence decisions about issues, such as climate change, linking farmers to markets, research impact assessment, and gender equity. Role in the CGIAR Consortium CIAT is a member of the CGIAR Consortium. CGIAR is a global partnership that unites organizations engaged in research for a food secure future. CGIAR research is dedicated to reducing rural poverty, increasing food security, improving human health and nutrition, and ensuring more sustainable management of natural resources. It is carried out by the 15 centers who are members of the CGIAR Consortium in close collaboration with hundreds of partner organizations, including national and regional research institutes, civil society organizations, academia, and the private sector. CIAT’s work contributes importantly to CGIAR Research Programs, which address the major agricultural challenges of our time. CIAT is lead center for the program on Climate Change, Agriculture and Food Security (CCAFS), which helps smallholder farmers adapt to and mitigate the effects of rising temperatures and increasingly unpredictable climate. International research organization Under an agreement with the Colombian Government, signed on May 5, 1987, and ratified by Law 29 of March 18, 1988, CIAT is recognized as a not-for-profit international organization and is granted certain prerogatives, including exemption from Colombian taxes. Note 2: Summary of major accounting policies Center Financial Statements are prepared in compliance with the CGIAR Financial Guidelines. These policies were established for Centers to fully adopt and comply with all relevant International Financial Reporting Standards (IFRS), except as established in the Financial Guidelines. Main accounting policies followed by CIAT are summarized below: a. Accrual accounting The Center prepares its financial statements, except for cash flow information, under the accrual basis of accounting. 12 Under the accrual basis of accounting, transactions and events are recognized when they occur (and not when cash or its cash equivalent is received or paid) and these are recorded in the accounting books and reported in the financial statements during the periods to which they relate. Expenses are recognized in the Statement of Activities on the basis of a direct association between the costs incurred and the earnings of specific items of revenue. b.   Currency conversion CIAT’s financial statements are provided in U.S. dollars. Those assets and liabilities (excluding supplies, spare parts, property, and plant and equipment) denominated in other currencies are converted at the exchange rate in effect at the end of each financial period. Grants received in currencies other than U.S. dollars are recorded at market exchange rates in effect at the time the grant is received or, if outstanding as of 31 December, at the market exchange rate in effect at the year end. Incomes and expenses in currencies other than U.S. dollars, as well as those related to properties, spare parts and plants and equipment, are initially recorded at the official exchange rate on the dates of the transactions. Profits and losses arising from exchange rate fluctuations are included in the operational results . c.   Cash and cash equivalents Cash comprises cash on hand, petty cash funds, currencies to be deposited, and local or foreign currency deposits in banks, which can be added to or withdrawn without limitation and are immediately available for use in the current operations. Cash equivalents are short-term, highly liquid investments that are both: i) readily convertible to known amounts of cash; and ii) less than 3 months to their maturity date, hence the risk of changes in value due to changes in interest rates are insignificant. d.   Investments The CIAT Investment Policy is regularly reviewed and approved by the Management Team and the CIAT Board of Trustees. For additional information see Note 4. e. Inventories Inventories are stated at cost, using the moving average price method. Cost represents the purchase price of supplies, plus freight and handling charges. Materials in transit are stated at invoice cost. Inventories held at the end of the financial period are stated at cost or net realization value, whichever is lower. Sugar cane inventory is valued according to the real cost invested and the average realizable value of each cultivated hectare. f.   Accounts receivable – donors These are claims held against donors for the future receipt of money, goods, or services. Receivables due from donors can arise from: unrestricted grants that are due as a receivable by the Center and amounts due from restricted grants that have been negotiated between a donor and the Center. • Unrestricted grants: Receivables from unrestricted grants are recognized in full in the period specified by the donor. • “Accounts receivable – Donors” are classified as follows: Restricted grants: Receivables from restricted grants are recognized in accordance with the terms of the underlying contract. Restricted grants include restricted projects, intercenter activities, Challenge Programs, and CGIAR Research Programs (CRPs). g.    Property, plant, and equipment Property, plant, and equipment acquired through the use of restricted grants are recorded as assets and fully (100%) depreciated, and the depreciation expense is charged directly to the appropriate restricted project in the same year of acquisition. As of 2013, acquisitions of property, plant, and equipment with a purchase price of $3 or less are expensed (see Note 2q). Property, plant, and equipment acquired through non-monetary grants are recognized at fair value at the date of the grant. Such grants are presented in the Statement of Financial Position as Deferred Revenue and are taken into account as revenue on a systematic and rational basis over the lifespan of the asset. The in-trust contract signed with the Colombian Government for the land on which CIAT has its headquarters was extended until July 2015. The new contract will be renewed for another 5 years, and thereafter it may be extended by mutual consent. If CIAT terminates the contract, CIAT is to return the land with its improvements, buildings, and installations, free of any kind of judicial actions or embargoes and without receiving any compensation. This land is not considered a contribution to “property, plant, and equipment.” 13 All new facilities provided by host countries to the Center or built for the use of the Center, which will revert to the host country in the event the Center is asked to cease its operation, are recognized as assets. Subsequent expenditures relating to property, plant and equipment that have already been recognized are added to the carrying amount of the asset, only if the expenditure improves the condition of the asset beyond its originally assessed standard of performance. All other subsequent expenditures are recognized as expenses of the period where incurred. Depreciation of assets owned by the Center is computed by the straight-line method over the estimated lifespan of the asset, except assets acquired with restricted grants. The basis for computing depreciation is the asset acquisition cost, less its estimated salvage value. The following table indicates the lifespan and estimated salvage percentages of the Center fixed assets: Estimated lifespan in years Estimated salvage value (%) Physical facilities: Building and improvements 40 - Infrastructure and leasehold: Site improvements 40 - 10 10 10 10 4 - 5 5 5 15 25 50 20 Category description Furniture and equipment: Farming Laboratory Office Auxiliary units Computers and other IT equipment Vehicles: Motorcycles Regional vehicles Headquarter vehicles Buses and trucks Estimated lifespan in years and salvage value for Headquarter vehicles, buses, and trucks are based on the Colombian market conditions. As from 2014, and based on the average market conditions in the regions where CIAT has operations, the salvage value for regional vehicles changed from 0% to 25%. h.   Accounts payable – Donors These include: 1) Grants received from donors for which conditions are not yet met and 2) amounts payable to donors of any unexpended funds received in advance for restricted grants. • Unrestricted grants: Are those received from the unconditional transfer of cash or other assets to the Center. • “Accounts payable – Donors” are classified as follows: Restricted grants: Are those received from a transfer of resources to the Center in return for future compliance relating to the operating activities of the Center. Restricted Grants include Intercenter Activities, Challenge Programs, and CGIAR Research Programs (CRPs). j. Funds in trust and support to partners These funds have been provided by donors, and are distributed by CIAT to executors based on the donors request. See Notes 15 & 16. k.   Net assets Net assets comprise the residual interest in the entity’s assets after liabilities are deducted. They are classified as either undesignated or designated and temporary: • • Pension bonus liability The liability is recognized based on the results of the actuarial report prepared by an external entity. Actuarial calculations are based on various assumptions, which in the future may differ from the actual circumstances. [See Note 17 (1)]. Undesignated net assets: Their use is not designated by CIAT Management for specific purposes. • i. Temporary net assets - Other comprehensive income: Includes the temporary valuation of the hedging operations accrued, but not realized. It also includes the actuarial gain/(loss) resulting from the valuation of the defined benefit plan for Colombian employees. Designated net assets: Those that have been restricted by CIAT as reserve for replacing property and equipment, retirement of national staff, and other activities or purposes. 14 l. Revenue recognition Restricted grants are those received from a transfer of resources to the Center in return for past or future compliance to the operating activities of the Center. Unrestricted grants are those received from unconditional transfers of cash or other assets to the Center. The grants, whether restricted or unrestricted, are not recognized until there is reasonable assurance that the Center has complied with the conditions attached to the grant. Unrestricted grants in currencies other than U.S. dollars are recorded at exchange rates in effect at the time of receipt or, if outstanding as of December 31, at the exchange rate in effect at the year’s end. Restricted grants in currencies other than U.S. dollars, with specific request to be paid in that currency as partner funds, are recorded as income and expenses at the exchange rate in effect at the time of payment. Challenge Programs are the means for the CGIAR system as a whole to take on global challenges in cooperation with a wide range of research partners. Grants are recognized as revenue to the extent of expenses incurred. Funds for research partners of the HarvestPlus Challenge Program (which is now integrated into CRP 4 - Agriculture for Improved Nutrition and Health) are managed as funds in trust. Starting in 2014 Harvest Plus funds executed by participant partners are also reported as CIAT revenue. According to the Advisory Notes provided by the Consortium, the Lead Center of a CRP is required to recognize all funds as revenues, including funds executed by CGIAR Centers and Collaborators. Under CIAT's policy, all payments to partners are initially recorded as advances, and expensed once funds are legalized, previous submission of the periodical technical and financial reports. Amounts transferred to partners amounting to less than US$25 are expensed once the payments are disbursed. Partner centers are required to include expenses incurred under each CRP, including the corresponding revenue in their Statement of Activity. m. Direct and indirect cost recoveries Institutional costs are recovered based on the Activity Base Costing (ABC) principles and the Financial Guideline No. 5 issued by CGIAR. According to the CIAT policy, direct costs are recovered on the basis of cost drivers and indirect cost or overhead is recovered on the basis of the rate calculated annually or as agreed in the grant agreements. Using the ABC methodology, institutional costs are also charged to unrestricted grants. n. Financial instruments CIAT may utilize derivative financial instruments in its management of exposures to fluctuations in foreign exchange rates. CIAT does not enter into derivative financial instruments for trading or speculative purposes. For transactions where hedge accounting is applied, CIAT formally documents relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking various hedge transactions. This process includes linking all derivatives to specific assets and liabilities on the balance sheet or to specific firm commitments or forecasted transactions. CIAT also formally assesses, both at inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in fair values or cash flows of hedged items. Gains and losses on contracts that constitute effective cash flow hedges to the extent of the effective portion are deferred in net assets and recognized in the Statement of Activity when the related transactions occur. The ineffective portion of a hedge is recognized in the Statement of Activities in the period it occurs. Any realized gains or losses are recognized in net income as realized gains or losses on derivative contracts in the period they occur. For transactions where hedge accounting is not applied, CIAT accounts for such instruments using the fair value method by initially recording an asset or liability, and recognizing changes in the fair value of the instruments in the Statement of Activities as unrealized gains or losses on derivative contracts. o. Reclassifications The Statement of Activities as of December 31, 2013, and relevant notes have been reclassified to conform to the 2014 Consortium reporting requirements. These reclassifications do not have any impact on the result and working capital of the Center. p. Significant accounting judgments, estimates, and assumptions Preparing CIAT´s financial statements requires Management to make judgments, estimates, and assumptions that affect the reported amounts of revenues, expenses, assets, and liabilities, and the disclosure of contingent liabilities, at the end of the reporting period. However, uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of the asset or liability in future periods. 15 q. Changes in accounting policies Following the FG-5 recommendations, in February 2014, the Board of Trustees approved two changes in the Fixed Assets Policy. 1) Backdated as of 2013, the minimum costs of a fixed asset are increased from $1 ($0.5 for IT costs) to $3; consequently, all fixed assets with a value equal or below $3 are expensed. The impact of this change is reported in Note 21. 2) To increase the residual value of vehicles located in the regions where CIAT operates from 0% to 25% in line with the average market conditions. From January 2014, HarvestPlus Challenge Program operations are reported as CIAT revenue and expenses. Previously, this was accounted for and reported as Funds in Trust. This is a reporting, rather than an accounting policy change and aligns with the accounting treatment by the HarvestPlus co-leader. r. International financial reporting standard transition CIAT will be transitioning from current Financial Guidelines to International Financial Reporting Standards (IFRS). In 2014, CIAT prepares its financial reports in both reporting standards (as per current Financial Guidelines and IFRS). However, External Auditors opinion for 2014 Financial Statements is based on the current Financial Guidelines. CIAT plans to fully comply with IFRS in 2015 as required by the Colombian government, agreed with the Consortium, and endorsed by the Board. During the year 2013, a comprehensive review of CGIAR Financial Guideline No. 2 was initiated and is pending for approval by the CGIAR Fund. Note 3: Cash and cash equivalents Cash and cash equivalents as of 31 December consist of: Cash on hand - HQ Cash on hand - Regional offices Cash in banks - Current accounts Short-term investments - Certificates of deposit with maturity less than 3 months Total Cash and cash equivalents include funds for third parties as follows (see Notes 15 & 16): 2014 2013 9 36 33,922 14 18 15,024 1,035 10,535 35,002 25,591 11,046 13,400 Note 4: Investments and investment policy Investments are initially recorded at their acquisition cost (including brokerage and other transaction costs) if they were purchased, and at fair value if they were received as a grant. Investments in equity securities with readily determinable fair values and all investments in debt securities shall be measured at fair value as of the date of the Statement of Financial Position. Investments received as grants from donors are to be recorded at their fair market value. Interests, dividends, losses, and gains relating to financial instruments are reported in the Statement of Activities as expense or revenue. Investments acquired with the purpose of disposing of them within one year or less after their acquisition date are classified as current investments. Furthermore, investments classified as current, as distinguished from cash equivalents, are those that are acquired with original maturities of more than 3 months but not exceeding one year. Investments acquired with the purpose of keeping them for more than one year from their acquisition date are to be classified as long-term investments. Investment guidelines summary: Responsible financial stewardship means making investment decisions that seek preservation of capital ahead of optimizing investment returns. In line with the aforementioned statement, the following shall be observed: a) A diversified investment portfolio shall be maintained. b) No more than 15% of the medium- and long-term portfolio shall be invested in securities of any one issuer or 25% in any entity with the exception of obligations and government-backed securities. Exceptions require Management approval. c) Prenotification to the Audit & Risk Committee Chair for changes in investment that exceed 10% of CIAT reserves as per the previous year's financial statement. Credit ratings provided by independent institutions shall be used in choosing investment vehicles. Minimum credit rating for International Financial Institutions rating "A" of Standard and Poor's or Moody's or equivalent ratings provided by other reputable and generally accepted companies and minimum local rating of "AA" for Colombian Financial Institutions. Quality of Asset, Liquidity, and historical performance shall be taken into consideration. Funds and reserves shall be allocated as follows: a) Liquid Funds: minimum required to cover one month of operation. b) Short term (investments with a maturity of less than 12 months): minimum 10%. c) Mid term (investments with a maturity of less than 3 years): maximum 70% of CIAT own funds. d) Long term (investments with a maturity of maximum 10 years): maximum 60% of CIAT own funds. e) Combined mid- and long-term: maximum 100% of CIAT funds that do not have contractual obligations with donors. Prohibited investments that include but are not limited to: commercial paper in form of stocks, speculative derivatives, floating-rate notes with any kind of maturity, structured notes, including collateralized mortgage operations, swaps, short selling and uncovered calls and puts, private placements, commodities, illiquid securities, securities of companies that filed for bankruptcy, factoring, property, real state, art, antiques, gems, borrowing, and leverage. 16 Given that U.S. dollar is the currency used by the Center in its records, no foreign currency investments different from U.S. dollar or Colombian Peso should generally be made. However, funds that are received in another currency may be invested in that currency as long as expected expenses in that currency justify such an investment. U.S. dollar shall not be converted into foreign currency for investment purposes. Investments in Colombian pesos are permissible to cover short-term operational requirements if the conversion rate and rates of return are favorable and subject to the other investment criteria related to capital preservation. If U.S. dollars are converted into Colombian pesos for investment purposes, a natural hedge between assets and liabilities shall be targeted. Currency forwards shall protect the value in U.S. dollars of the investment in Colombian currency if a natural hedge is not guaranteed. Holding of currencies (local and U.S. dollars) in regional offices accounts (checking or savings accounts) shall be limited to funds for operational purposes and should not exceed estimated 2 months worth of requirements. 2014 2013 9,400 5,000 Short-term investments Short-term investments with maturities of more than 3 months but less than 1 year Long-term investments Long-term investments with maturities of more than 1 year Total investments 17,594 17,993 26,994 22,993 These funds are invested as follows: Institution Short-term Occidental Bank Barbados Bancolombia Puerto Rico Yield Investments as of December 31, 2014 Type of Date of Date of Nominal investment investment maturity value Investment balance Premium 2.50% CD 11-Aug-14 11-Aug-15 5,000 - 5,000 2.25% CD 21-Aug-14 17-Nov-15 4,400 - 4,400 9,400 - 9,400 Short-term Long-term BanBogotá Coupon 5% 4.59% Bonds 24-Jan-12 15-Jan-17 3,000 30 3,030 BanBogotá Coupon 5% 3.77% Bonds 15-Jul-13 15-Jan-17 525 15 540 6.11% CD 16-Jul-14 16-Jul-17 1,254 3 1,257 5.99% CD 16-Jul-14 16-Jul-17 836 3 839 5.18% Bonds 21-Feb-14 2-May-18 1,600 (66) 1,534 GNB Sudameris Coupon 3.875% 3.95% Bonds 20-Jun-14 2-May-18 2,714 (6) 2,708 Davivienda Coupon 5.875% 5.82% Bonds 9-Jul-12 9-Jul-22 2,000 8 2,008 Davivienda Coupon 5.875% 5.76% Bonds 9-Jul-12 9-Jul-22 2,000 15 2,015 Davivienda Coupon 5.875% 5.53% Bonds 30-Jul-12 9-Jul-22 1,005 22 1,027 Davivienda Coupon 5.875% 5.62% Bonds 31-Jul-12 9-Jul-22 2,100 34 2,134 Sura Coupon 4.875% 4.81% Bonds 25-Apr-14 17-Apr-24 500 2 502 Long-term 17,534 60 17,594 Total investments 26,934 60 26,994 BBVA Colombia (in COP) Bancolombia Colombia (in COP) GNB Sudameris Coupon 3.875% 17 Institution Short-term Occidental Bank Barbados Long-term BanBogotá Coupon 5.0% Yield Long-term investments as of December 31, 2013 Type of Date of Date of Nominal investment investment maturity value Investment balance Premium 1.90% CD 7-Oct-13 7-Apr-14 5,000 - 5,000 4.59% Bonds 24-Jan-12 15-Jan-17 3,000 42 3,042 BanBogotá Coupon 5.0% 3.77% Bonds 15-Jul-13 15-Jan-17 525 21 546 C.A.F. Coupon 3.75% 0.91% Bonds 16-Jul-13 15-Jan-16 540 38 578 C.A.F. Coupon 3.75% 0.95% Bonds 17-Jul-13 15-Jan-16 530 37 567 C.A.F. Coupon 3.75% 0.98% Bonds 17-Jul-13 15-Jan-16 2,000 136 2,136 C.A.F. Coupon 3.75% 0.95% Bonds 17-Jul-13 15-Jan-16 3,680 254 3,934 Davivienda Coupon 5.875% 5.82% Bonds 9-Jul-12 9-Jul-22 2,000 8 2,008 Davivienda Coupon 5.875% 5.76% Bonds 9-Jul-12 9-Jul-22 2,000 16 2,016 Davivienda Coupon 5.875% 5.53% Bonds 30-Jul-12 9-Jul-22 1,005 24 1,029 Davivienda Coupon 5.875% 5.62% Bonds 31-Jul-12 9-Jul-22 2,100 37 2,137 Long-term 17,380 613 17,993 Total investments 22,380 613 22,993 Note 5: Accounts receivable – Donors As of December 31, accounts receivable from donors consist of (see Exhibit I): 2014 Unrestricted W3 2013 39 - Bilateral 3,302 4,038 2,682 3,478 CRP W1&2 7,969 16,839 15,348 22,999 Restricted W3 Total Accounts receivable from W1&2 Programs decreased due to payments received from CGIAR Fund and Lead Centers at the end of the 2014. Note 6: Accounts receivable – Employees `` As of December 31, accounts receivable from employees consist of: Loans Travel advances Personnel expenses Total 18 2014 2013 122 205 87 414 98 160 83 341 Note 7: Accounts receivable – Other CGIAR Centers 2014 AfricaRice Bioversity International CIMMYT CIP ICARDA ICRAF ICRISAT IFPRI ILRI IITA IRRI IWMI WorldFish Consortium Office Total 290 22 77 110 33 355 38 270 133 768 8 2,104 2013 5 7 5 7 42 1 5 272 114 2 673 16 1,149 Note 8: Accounts receivable, net – Others Other accounts receivable as of December 31 consist of: 2014 Partner organizations Taxes Advances to suppliers and contractors Accrued interests Clients - National Clients - International Subtotal Less: Allowance for doubtful accounts Total 2013 3,815 428 773 415 259 310 6,000 (240) 5,760 1,653 588 269 336 269 340 3,455 (265) 3,190 2014 2013 73 189 262 (2) 260 451 256 27 734 (2) 732 2014 2013 226 1,811 24,137 26,174 (17,756) 8,418 226 1,649 541 22,460 24,876 (17,137) 7,739 Note 9: Inventories Inventories as of December 31 consist of: Supplies Sugar cane Goods in transit Subtotal Less: Allowance for inventory obsolescence Total Note 10: Property, plant, and equipment, net Property, plant and equipment as of December 31 is classified under the following accounts (see Exhibit III): Costs Physical facilities Infrastructure Projects in process Vehicles - Equipment - Furniture Subtotal Accumulated depreciation (1) Total net book value (1) See Notes 2q & 21. 19 Note 11: Other non-current accounts receivable Other non-current accounts receivable as of December 31 consist of: Advances for the rent of the CIAT offices in Miami and ICIPE Loans to national staff through CRECIAT for acquisition of vehicles CLAYUCA Corporation Total 2014 2013 59 105 210 374 59 147 240 446 Reclassification of CLAYUCA Corporation separation payment from short to long term. CLAYUCA Corporation is fulfilling its obligation over a period of 7–10 years. Note 12: Accounts payable – Donors Accounts payable to donors as of December 31 consist of (see Exhibit I): 2014 2013 8,561 7,932 649 17,142 3,222 14,418 227 17,867 2014 2013 1 43 44 8 235 243 2014 2013 167 1,130 199 1,851 1,004 417 2,987 2,777 1,206 1,284 2,938 2,611 1,553 466 20,590 160 726 145 1,529 749 401 1,255 854 407 575 2,456 1,070 373 113 10,813 Subtotal 3,423 1,674 Subtotal Total 385 4,240 1 559 5,185 29,198 3,429 2,758 4 6,191 18,678 Restricted W3 Bilateral CRP W1&2 Total Note 13: Accounts payable – Employees Accounts payable to employees as of December 31 consist of: Payroll Benefits and official travel expenses Total Note 14: Accounts payable – CGIAR Centers, accruals, and others CGIAR Centers AfricaRice Bioversity International CIFOR CIMMYT CIP ICARDA ICRAF ICRISAT IFPRI IITA ILRI IRRI IWMI WorldFish Subtotal (1) Accruals Others Suppliers Affiliated organizations Withholding taxes payable Other accounts payable - Unrealized loss - Hedging operations (see Note 23) (1) Increase of the account payable to CGIAR Centers is mainly the result of the late disbursement of funds from the CGIAR Fund to CCAFS. 20 Note 15: Support to partners – Challenge Programs Balance 2013 11,264 Agreements with donors HarvestPlus Challenge Program Phase II & III Total 11,264 Current year movement Receipts Payments 12,147 14,140 Balance 2014 9,271 12,147 14,140 9,271 Starting 2014, the funds to support HarvestPlus partners are reported as CIAT revenue in the Statement of Activities. Note 16: Funds in trust Agreements with donors Government of Colombia (MADR) Agreement No. 054/2008 Government of Colombia (MADR) Agreement No. 104/2005 Funds - Embrapa Total Balance 2013 467 77 1,592 2,136 Current year movement Receipts Payments 161 62 138 361 Balance 2014 306 15 1,454 1,775 Agreement No. 054/2008, signed between the Government of Colombia and CIAT on January 10, 2008, corresponds to funds being paid to Colombian institutions. Agreement No. 104/2005, signed between the Government of Colombia and CIAT on November 23, 2005, corresponds to funds being paid to Colombian institutions. Agreement signed by Embrapa and CIAT on January 17, 2003, corresponds to funds being paid to other institutions. Note 17: Provisions Current provisions Fringe benefits - National staff HQ Fringe benefits - International staff Fringe benefits - Regional staff Severance costs - National staff HQ Vacations - National staff HQ Home leave tickets for international staff and their families Performance appraisal bonuses Bonuses for retirement of national staff HQ (1) Consortium fee Legal and other provisions Subtotal Non-current liabilities Repatriation costs - International staff (2) Bonuses for retirement of national staff HQ (1) Subtotal Total (1) 2014 2013 50 50 474 35 611 452 500 194 401 259 3,026 47 165 434 39 688 383 617 479 246 673 3,771 1,330 2,141 3,471 6,497 1,201 2,379 3,580 7,351 Provision to cover bonuses for retirement corresponds to a defined benefit to be paid to CIAT employees at Headquarters upon the employees retirement from CIAT. According to the CIAT Benefits Policy, the retirement bonus for each employee ranges from 1 to 1.4 months of the base salary for each 3 continuous years of service depending on the type of contract and the time worked at CIAT. This benefit applies only to employees hired before December 31, 2012. Based on the actuarial computation prepared for 2014 and 2013 by an independent actuary, this benefit has an actuarial liability of $2,335 for 2014 and $2,858 for 2013 (equivalent value of COP5,587 million for 2014 and COP5,507 million for 2013). During 2014, 22 employees entitled to the benefit retired from CIAT (2013, 12 employees). An actuarial loss amounting to US$156 for 2014 has been recognized as other comprehensive income. Estimated funds to be paid during the following year are classified as short-term provisions; the remaining amount is classified as long term. As indicated in the Financial Statement 2011, CIAT decided to change its pension provision from a 12-month forwardlooking calculation to an actuarial calculation. As a result, an additional provision in the amount of $2,800 was required over the short- to mid-term. After 3 years of increased partial provisions, CIAT has decided to fully provide for this amount, which resulted in an expense at the end of 2013 in the amount of $684 as mentioned in Note 21. (2) Corresponding to the estimated costs of repatriating members of the senior staff and their families to their home countries, as specified in their appointment letters. 21 Note 18: Net assets Net assets as of December 31 are available for the following purposes: 2014 2013 Total undesignated 20,862 17,123 Total designated 8,418 1,418 764 10,600 7,739 1,428 1,351 10,518 Total temporary Total net assets (559) (156) (715) 30,747 27,641 Total net assets base for calculating the reserve days indicator 22,329 19,902 Undesignated Designated Capital invested in fixed assets Reserve for replacing fixed assets Reserve for research activities Temporary net assets - Other comprehensive income Unrealized variance hedging operations Actuarial loss for defined benefit plan for CIAT staff - NRS Note 19: Other revenues and gains 2014 Interest income Realized variance in hedging operations Foreign exchange gain, (loss) net Farm income Net gain in sale of fixed assets (mainly vehicles) Fee charged to third parties Consultancies and other revenues Total 2013 1,186 284 170 222 177 144 20 1,213 53 1 139 142 180 2 2,203 1,730 Note 20: Research expenses Research expenses by Research Area as of December 31 consist of: Agrobiodiversity Soils Decision and Policy Analysis CGIAR Initiatives (HarvestPlus and CCAFS not included in other areas) Others Total 2014 2013 33,934 4,901 11,357 68,505 2,049 36,672 8,106 7,732 48,123 1,757 120,746 102,390 Note 21: Management and general expenses 2014 Financial Administration and Treasury Personnel Management Corporate Services: DDG-CS, Administration MADR Agreements Administration and Finance - Regional offices Central Services Management - DG office, BoT, Audits, Legal Office Others Bonuses for retirement - National staff HQ (see Note 17) Additional depreciation costs by change in the Fixed Assets Policy (1) Total (1) 2013 1,294 1,076 580 1,211 2,162 2,753 231 - 1,581 912 948 1,014 1,262 2,121 89 684 840 9,307 9,451 Due to the change in the Fixed Assets Policy, explained in Note 2 above, 2,285 fixed asset items costing less than $3 were written-off in 2013 . The book value of these items as of December 2013 was $840, broken out by year of acquisition as per the table below, recognized as expenditure in the SoA. Considering that half of the net book value of assets was acquired in 2013, no restatement of 2012 is deemed necessary. The following table shows the assets writtenoff: 22 Funding source Capital fund Restricted projects Total assets No. of asset items Acquisition costs depreciation 1,728 2,775 1,935 409 225 206 840 557 928 928 - - - - 2,285 3,703 2,863 409 225 206 840 2014 2013 Cumulated Net book value from assets acquired in 2012 2011 & before 2013 Net book value Note 22: Other losses and expenses Legal claims provision write-offs (see Note 25) Provisions for performance and other benefits write-offs (1) Total (217) (495) - (711) - (1) Corresponds to performance appraisal and other benefits for CIAT staff accrued in excess in the last 2 years. Note 23: Financial instruments – Foreign currency risk management CIAT is mainly exposed to U.S. dollar versus Colombian Peso (COP) currency fluctuations. CIAT manages these risks through periodic use of foreign exchange derivative instruments. To reduce its foreign currency exposure associated with operating expenses incurred in COP related to the non-research areas, at the end of 2014 year CIAT entered into currency risk management contracts, such as foreign exchange forward contracts and designated them as cash flow hedges to cover 75% of the planned non-research expenses in COP. Valuation of the outstanding contracts as of December 31, 2014 represents an unrealized net loss of $559 recorded as temporary net assets. CIAT does not have currency risk management contracts outstanding as of December 31, 2013. At maturity date, the results of the contracts are recorded in revenues and gains when gains or losses are realized (see Note 19). During the year ended December 31, 2014, a net gain of $284 is recorded as realized variance in hedging operations (2013 $53 gain). The forward foreign exchange rate contracts for 2015 valuated at the end of 2014 are detailed as follows: The amount of US$559 corresponds to the temporary variance resulting from the valuation of the forward operations. This temporary variation is accrued but not realized as of December 31, 2014, and according to the 95% effectiveness of the contracts the result is reported in Net Assets under Other comprehensive income. Net valuation in USD to Dec 31, 2014 (1) Date of contract 25-Nov-14 14-Jan-15 1,200 2,166 2,174.93 (261,036) (109) 91% 25-Nov-14 12-Feb-15 1,200 2,166 2,180.36 (254,520) (106) 91% 25-Nov-14 12-Mar-15 1,200 2,166 2,186.22 (247,488) (103) 91% 28-Nov-14 14-Apr-15 1,200 2,200 2,226.65 (198,972) (83) 93% 28-Nov-14 13-May-15 1,200 2,200 2,232.63 (191,796) (80) 93% 28-Nov-14 11-Jun-15 1,200 2,200 2,238.49 (184,764) (77) 94% 5-Dec-14 14-Jul-15 1,200 2,300 2,340.85 (61,932) (26) 98% 23-Dec-14 13-Aug-15 1,200 2,350 2,390.31 (2,580) (1) 100% 30-Dec-14 14-Sep-15 1,200 2,400 2,446.47 64,812 27 102% 10,800 2,239 2,268.5 (559) 95% Total/Average Contract value in USD Net valuation in COP as of Dec 31, 2014 (1) Maturity date Spot rate Forward rate (1,338,276) (1) Exchange rate used to the valuation as of December 31, 2014 is 2,392.46 COP per USD. 23 Effectiveness Note 24: Contingent assets Based on the requirement of the Colombian Government, in 2010, CIAT signed a Sponsorship Contract with the CIAT Employee Fund - CRECIAT, authorizing CRECIAT to manage and account for the resources from the CIAT Social Welfare Fund. Under this Sponsorship Contract, CRECIAT assumed the responsibility to manage the resources of the Social Welfare Fund while CIAT continues to manage the social welfare activities, which are supported by surpluses generated from the financial management of these resources. CRECIAT also assumed the responsibility of settlement of any balances due to or from employees with regard to the Sponsorship Contract on termination of employment with CIAT. The funds transferred to CRECIAT include the principal and earned interests of the participants as well as the reserves generated from loan interests to the CIAT employees and other operations, since the inception of the Social Welfare Fund in 1975. According to the Sponsorship Contract, these reserves and any earned interests are to be used for social activities in benefit of CIAT employees. In the event that CRECIAT ceases to exist or in the event that CIAT decides to cancel the Sponsorship Contract and such reserves might be left over at that time, they will be returned to CIAT for distribution as agreed in the constitution of the previous Social Welfare Fund and as reconfirmed in the Sponsorship Contract. The accumulated balance of the reserves as of December 31, 2014 is $2,632 (2013 $3,147). As the probability of CRECIAT ceasing its operation is remote, requiring that leftover reserves would need to be returned to CIAT, no accounting for this contingent asset has been recorded in the financial statements of CIAT. The reduction of the balance is due to the accelerated devaluation of the Colombian Peso occurred during the last quarter of 2014. Note 25: Contingent liabilities As of December 31, 2013, CIAT was confronted with two claims additional to another two from 2012. Following the advice of the Management and the Legal Counsel, CIAT accrued the estimated liability of the four claims as confirmed by the lawyers. One of the two legal claims from 2012 was successfully resolved in 2014. As a result of the agreement with the counterpart, US$217 accrued in excess in 2012 was reversed in 2014, and reported as a cost recovery (see Note 22). The remaining provisions of the other three active claims are included in Note 17 under legal and other provisions. 24 Exhibit I Centro Internacional de Agricultura Tropical (CIAT) Schedule of Grant Revenue For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Funds available Accounts Advance receivable payments Grants 2014 Grants 2013 A. Unrestricted W3 Chinese Academy of Agricultural Sciences (CAAS) - (W3) Thailand (W3) - 39 - 39 - - 10 10 39 - 49 78 10 10 Total Unrestricted 68 B. Restricted Projects: Window 3 (W3): Austria (ADA) Bill & Melinda Gates Foundation (BMGF) International Maize and Wheat Improvement Center (CIMMYT) European Commission (EC) International Fund for Agricultural Development (IFAD) International Crops Research Institute for the Semi-Arid Tropics (ICRISAT)BMGF International Institute of Tropical Agriculture (IITA) - USAID International Livestock Research Institute (ILRI) - USAID International Rice Research Institute (IRRI) - USAID International Water Management Institute (IWMI) Japan (MAFF) Mexico People's Republic of China United States of America (USAID) United States of America (USAID) - HarvestPlus Total W3 Bilateral African Agricultural Technology Foundation (AATF) Agrigenetics Inc. (DOW) Alliance for a Green Revolution in Africa (AGRA) Australia (ACIAR) Belgium (DGD) Bill & Melinda Gates Foundation (BMGF) Biotechnology and Biological Sciences Research Council (BBSRC) Brazilian Agricultural Research Corporation (EMBRAPA) Canada (DFATD) CARE International Catholic Relief Services, CRS/NI (CRS) Chemonics International Inc. CIMMYT - Generation Challenge Program (GCP) Climate and Development Knowledge Network (CDKN) Colombia’s National Petroleum Company (ECOPETROL) Colombian Agricultural Company (COACOL) Colombian Association of Horticultural and Fruit Crop Growers (ASOHOFRUCOL) Colombian Autonomous Regional Corporation (CAR) of Cundinamarca Colombian Autonomous Regional Corporation of the Valleys of Sinú and San Jorge Colombian Corporation for Agricultural Research (CORPOICA) Colombian Fund for Financing the Agricultural Sector (FINAGRO) Colombian Ministry of Agriculture and Rural Development (MADR) Colombian National Coffee Research Center (CENICAFÉ) Colombian National Federation of Rice Growers (FEDEARROZ) Colombian National Planning Department (DNP) Colombian Presidential Agency for International Cooperation (APC) Columbia University Common Fund for Commodities (CFC) Corporación Autónoma Regional del Valle del Cauca Donald Danforth Plant Science Center (DDPSC) 25 115 1,331 20 794 542 2,963 - 1,084 8 210 115 247 13 3,757 331 94 2,799 - 1,875 240 283 15 0 202 364 60 6,709 395 8 256 20 56 230 24 204 49 230 6,127 395 1,653 216 79 15 256 153 134 80 582 56 1,452 196 5 12 156 177 54 806 277 12,946 3,302 8,561 7,687 6,028 34 279 38 136 46 82 204 20 261 815 72 7 18 189 - 61 420 32 662 628 190 31 1,325 66 94 223 481 110 258 557 512 180 1,431 188 34 3,465 104 141 53 486 33 105 37 - - - 76 118 19 5,016 26 178 207 55 - 1,062 12 44 - 144 624 52 923 1,443 228 37 1,046 84 283 184 345 64 - 76 18 6 289 1 17 - 100 12 5,789 25 162 219 99 - 167 77 50 7 5,293 24 4 98 111 204 353 181 Exhibit I Centro Internacional de Agricultura Tropical (CIAT) Schedule of Grant Revenue For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Funds available Ensome Environment Canada (EC) Faculty of Life Sciences at University of Copenhagen (KU-LIFE) FARA - Sub-Saharan Africa Challenge Program (SSA-CP) Fiduciary Bogotá (FIDUCIARIA BOGOTA S.A.) Food and Agriculture Organization of the United Nations (FAO) Ford Foundation (FORD) Fondo para la Acción Ambiental y la Niñez Forum for Agricultural Research in Africa France French National Institute for Agricultural Research (INRA) Future Earth Germany Global Crop Diversity Trust Green Mountain Coffee Roasters (GMCR) (now Keurig Green Mountain, Inc.) HarvestPlus (HP) Ingredion Incorporated Instituto Colombiano para el Desarrollo de la Ciencia y la Tecnología (COLCIENCIAS) Inter-American Development Bank (IDB) International Centre for Research In Agroforestry (ICRAF) International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) International Food Policy Research Institute (IFPRI) International Fund for Agricultural Development (IFAD) International Institute of Tropical Agriculture (IITA) International Livestock Research Institute (ILRI) International Maize and Wheat Improvement Center (CIMMYT) International Potato Center (CIP) Iran IWMI - Water and Food Challenge Program Japan (MAFF) Japan International Cooperation Agency (JICA) Japan International Research Center for Agricultural Sciences (JIRCAS) Latin American Fund for Irrigated Rice (FLAR) Latin American Fund for Oil Palm Innovation (FLIPA) Macaulay Land Use Research Institute McKnight Foundation (MKF) Mexican National Institute for Forestry, Agriculture and Livestock Research (INIFAP) Michigan State University Natural Environment Research Council (NERC) Netherlands Development Organisation (SNV) OPEC Fund for International Development (OFID) Pennsylvania State University (PennState) Peru Pioneer Hi-Bred International, Inc. PricewaterhouseCoopers Services Regional Fund for Agricultural Technology (FONTAGRO) RiceTec, Inc. (RiceTec) Riograndense Rice Research Institute (IRGA) Rutgers University Solidaridad, The Netherlands Swiss Agency for Development and Cooperation (SDC) Syngenta Foundation for Sustainable Agriculture (SFSA) Syngenta S.A. The Nature Conservancy (TNC) The Nippon Foundation Tropical Agricultural Research and Higher Education Center (CATIE) Uganda Ministry of Education and Sports 26 15 Accounts Advance receivable payments 249 25 38 7 22 14 0 106 375 263 42 46 174 279 426 644 20 1 13 77 125 1,495 109 (18) 222 10 164 673 173 255 153 187 10 147 52 5 88 271 1,854 43 89 47 - 0 1,436 331 144 815 73 152 68 26 20 4,923 503 114 21,727 387 Grants 2013 0 108 60 246 57 13 2,843 25 42 214 15 1,685 223 109 569 73 190 11 33 7 2,102 492 72 21,727 278 483 1,685 1,053 176 353 207 105 32 1,185 574 56 7,338 306 103 8 219 309 30 35 34 23 132 0 18 - 332 78 77 8 149 65 1 50 15 154 43 288 49 46 97 490 277 889 49 36 13 27 34 149 1,612 109 68 31 83 215 237 600 377 531 93 52 11 11 215 1,464 178 298 - 356 9 6 83 94 23 5 178 25 - 10 257 317 163 288 70 93 27 136 52 88 93 1,990 41 79 89 23 7 50 134 138 91 55 3 20 58 362 191 53 49 921 83 77 13 - 94 39 17 12 136 41 37 7 - Grants 2014 Exhibit I Centro Internacional de Agricultura Tropical (CIAT) Schedule of Grant Revenue For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Funds available Unidad de Planificación de Tierras Rurales, Adecuación de Tierras y Usos Agropecuarios (UPRA) United Nations Environment Programme (UNEP) United Nations World Health Organization (WHO) United Nations University (UNU) United States Agency for International Development (USAID) University of California (UCLA) University of Cauca (UniCauca) University of Nebraska University of Sheffield University of Texas University of Princeton University of the Valley of Guatemala Vlaamse Instelling voor Technologisch Onderzoek (VITO) Wageningen University (WU) World Bank (WB) World Conservation Monitoring Centre (WCMC) World Meteorological Organization (WMO) World Resources Institute (WRI) Yale University (YALE) Other small projects 6 244 294 11 263 190 16 74 25 23 2,114 69 118 90 52,624 4,038 7,932 48,730 37,513 159 772 579 2,477 3,129 2,499 1,211 7,882 700 500 1,431 45,688 147 182 572 299 1,067 2,071 123 529 1,254 465 251 1,131 25 - - 94 476 - 341 1,344 878 3,478 5,187 2,622 1,740 9,136 1,166 751 2,468 45,237 147 426 1,195 980 3,531 4,600 2,958 1,297 7,666 1,633 301 2,232 42,044 73 3 Total CRP W1&2 from CGIAR Fund 67,175 7,969 649 74,495 68,939 Total restricted funding 132,744 15,309 17,142 130,911 112,480 Total funding 132,754 15,348 17,142 130,960 112,558 27 - Grants 2013 152 11 10 57 7 0 41 49 143 CRP W1&2 from CGIAR Fund ICARDA - CRP 1.1: Dryland Systems IITA - CRP 1.2: Humid Tropics IFPRI - CRP 2: Policies, Institutions and Markets IRRI - CRP 3.3: Global Rice Science Partnership (GRiSP) CIP - CRP 3.4: Roots, Tubers and Bananas ICRISAT - CRP 3.5: Grain Legumes ILRI - CRP 3.7: Livestock and Fish IFPRI - CRP 4: Agriculture for Improved Nutrition and Health IWMI - CRP 5: Water, Land and Ecosystems CIFOR - CRP 6: Forests, Trees and Agroforestry Global Crop Diversity Trust (GCDT) - CRP on Genebanks CGIAR Fund - CRP 7: Climate Change, Agriculture and Food Security (CCAFS) CCAFS Funds for CIAT subcontracted by ILRI CCAFS Funds for CIAT subcontracted by IRRI - Grants 2014 121 199 468 119 197 31 55 50 33 11 2 172 150 41 235 14 253 164 Total Bilateral 121 256 408 270 197 11 22 65 50 90 9 9 172 144 41 276 63 9 13 Accounts Advance receivable payments 15 61 9 3 - 73 66 13 - 23 96 - Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures Restricted projects: Bilateral, W1&2, & W3 European Government (EG) Austria (ADA) 2009/02 - Eco-efficient crop and livestock production for the poor farmers in the sub-humid hillside areas of Nicaragua Subtotal ADA France Funds, operations, resources - CIRAD - Cécile Grenier Subtotal France Germany Climate-smart crop-livestock systems for smallholders in the tropics: Integration of new forage hybrids to intensify agriculture and to mitigate climate change through regulation of nitrification in soil Contribution from Germany to the maintenance of CIAT's genetic resources collections (Genebank) Assessing the costs of land degradation and the value of sustainable land management Support to the agricultural genebank of CIAT Biodiversitat, Klimawandel und Nachtaltige Entwicklung PROCAMBIO: Análisis de la vulnerabilidad de centrales hidroeléctricas emblemáticas ante los efectos del cambio climático en siete subcuencas hidrográficas del Ecuador BMZ/GIZ - Scoping studies on soil research and management to enrich bilateral German development cooperation programs BMZ/GIZ - AGORA-Acting together now for pro-poor strategies against soil and land degradation BMUB/Sustainable development options and land-use based alternatives to: enhance climate change mitigation and adaptation capacities in the Colombian and Peruvian Amazon, while enhancing ecosystem services and local livelihoods BMUB/Sustainable development options and land-use based alternatives to: enhance climate change mitigation and adaptation capacities in the Colombian and Peruvian Amazon, while enhancing ecosystem services and local livelihoods EFG70 W3 CRP1.2 01/07/2010 31/03/2014 645 645 530 530 115 115 645 645 RGA04 Bilateral Non CRP 15/09/2011 31/12/2015 79 79 11 11 11 11 22 22 EFX73 Bilateral CRP3.7 01/03/2012 28/02/2015 1,560 578 546 1,124 GRG40 Bilateral Non CRP 01/01/2012 31/12/2014 1,553 1,022 553 1,575 TSC55 GRG42 SLG48 Bilateral Bilateral Bilateral CRP5 23/09/2013 30/06/2014 Non CRP 01/12/2014 30/11/2015 CRP5 16/06/2014 27/02/2015 275 1,797 128 110 - 165 54 275 54 SLG49 Bilateral CRP7 15/10/2014 12/06/2015 125 - - - TSC62 Bilateral CRP5 01/11/2014 31/08/2015 592 - 51 51 TSC57 Bilateral CRP5 01/02/2014 31/01/2017 1,648 - 287 287 SLB80 Bilateral CRP5 01/09/2014 30/06/2018 4,253 - 95 95 SLB80 Bilateral CRP6 01/09/2014 30/06/2018 1,235 - 6 6 28 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Project code Funding type CRP Starting date Ending date Grant pledged BMUB/Sustainable development options and land-use based alternatives to: enhance climate change mitigation and adaptation capacities in the Colombian and Peruvian Amazon, while enhancing ecosystem services and local livelihoods Carbon insetting in dairy value chains BMZ/GIZ- Addressing the challenges of smallholder farming communities: Restoring degraded agro-ecosystems Subtotal Germany SLB80 SLG15 Bilateral Bilateral CRP7 CRP7 01/09/2014 30/06/2018 01/02/2014 31/01/2016 557 79 TSL32 Bilateral CRP5 01/04/2013 31/03/2016 1,565 15,367 Switzerland (SDC) Pan-Africa Bean Research Alliance (PABRA) - Phase 2012-2014 Subtotal SDC BSC47 Bilateral CRP3.5 01/01/2012 31/12/2014 CPQ50 W3 CRP3.4 CCGC3 W3 BSB85 European Commission (EC) Emerging pests and diseases of cassava in Southeast Asia: Seeking eco-efficient solutions to overcome a threat to livelihoods and industries (through IFAD) Climate Change, Agriculture and Food Security (CCAFS), with a focus on East and West Africa (through IFAD) Subtotal EC Subtotal European Government (EG) Expenditures Prior years - Expenditures 2014 - Total expenditures 17 17 75 1,785 328 2,102 403 3,887 3,800 3,800 1,801 1,801 1,990 1,990 3,791 3,791 01/01/2011 31/08/2015 1,256 363 544 907 CRP7 01/01/2013 31/12/2015 9,000 10,256 30,147 2,518 2,881 7,008 3,213 3,757 7,975 5,731 6,638 14,983 Bilateral CRP3.5 01/04/2009 31/01/2015 14,473 14,473 13,170 13,170 1,325 1,325 14,495 14,495 BSF33 W3 Non CRP 01/05/2010 31/03/2016 382 127 53 180 BSF35 CRI CCU70 CCU71 CCU72 CCU73 CCU74 Bilateral W3 W3 W3 W3 W3 W3 CRP3.5 Non CRP CRP7 CRP7 CRP7 CRP7 CRP7 01/04/2012 01/01/2005 17/03/2014 03/07/2014 03/07/2014 04/11/2014 04/11/2014 31/03/2015 31/03/2016 31/03/2016 31/12/2015 31/03/2016 31/03/2016 31/03/2016 682 4,677 199 755 490 490 980 412 3,889 - 119 452 1 - 531 4,342 1 - CCU75 CCU76 W3 W3 CRP7 CRP7 04/11/2014 31/03/2016 04/11/2014 31/03/2016 1,624 147 - North American Government (NAG) Canada (DFATD) The Pan-Africa Bean Research Alliance (PABRA) - Phase IV Subtotal Canada United States of America (USAID) USAID-Maize/Bean Research in Uganda USAID-Effecting change in seed security response in crisis, chronic stress and developmental contexts Long-term training Proposal for USAID for joint CCAFS-AgMIP activities Support to Climate Services Partnership Mali IRI Climate Services Partnership Climate-smart agriculture integration and analysis Climate services for Africa Reducing and accounting for agriculture-driven GHG emissions in USAID's agriculture related work Climate Services Partnership: Climate & Malaria Data Analysis 29 - - Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Climate resiliency and index insurance for small farmers Climate-smart agriculture strategic support for feed the future stakeholders and national institutions Geo-spatial analytical tools for data-informed decision-making for missions in support of climate-smart agriculture Global Cassava Partnership Subtotal USAID Subtotal North American Government (NAG) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 - Total expenditures CCU77 W3 CRP7 04/11/2014 31/03/2016 196 - - SLU83 W3 CRP7 01/10/2014 31/03/2016 490 - 1 1 SLU87 GDN42 W3 W3 CRP7 01/10/2014 31/03/2016 Non CRP 17/12/2012 31/12/2014 490 98 11,700 26,173 47 4,475 17,645 22 51 701 2,025 22 98 5,176 19,671 EFD65 EFD66 Bilateral Bilateral CRP7 CRP3.7 01/12/2009 30/06/2014 24/06/2011 30/03/2014 460 60 258 50 202 10 460 60 EFP37 Bilateral CRP3.7 01/09/2010 31/03/2015 740 437 285 722 CPA56 EFA25 Bilateral Bilateral CRP3.4 CRP3.7 21/10/2013 30/06/2015 01/01/2013 31/12/2017 174 174 1,608 29 20 794 144 20 662 173 40 1,456 GDI43 W3 CRP3.7 01/04/2013 31/03/2014 176 115 61 176 EFM45 Bilateral CRP7 15/05/2014 31/03/2019 77 27 27 GDI44 W3 CRP3.7 01/04/2014 31/03/2015 141 394 2,002 92 180 842 92 295 1,751 Pacific Rim Government (PRG) Australia (ACIAR) Developing improved farming and marketing systems in rainfed regions of Southern Lao PDR The global impact of sown tropical grassland and forage plants Increased productivity and reduced risk in pig production and market chains. Component 2: Animal production Innovative agribusiness opportunities for profitable and sustainable cassava value chains in South East Asia International online journal: Tropical Grasslands/Forrajes Tropicales Subtotal ACIAR Japan (MAFF) 1. Improving nitrogen use efficiency of crops and reducing greenhouse gas emissions from agriculture. 2. Establishment of Asia cassava molecular breeding going food security project in Zambia. Phase II Environmental protection using traits associated with Biological Nitrification Inhibition (BNI) - Development of a productive and profitable cropping system using the BNI function of tropical forage grass Improving nitrogen use efficiency of crops and reducing greenhouse gas emissions from agriculture. 2. Establishment of Asia cassava molecular breeding going food security project in Zambia Subtotal Japan Subtotal Pacific Rim Government (PRG) 30 115 909 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures Developing Nations Government (DNG) Colombia (MADR) Comprehensive analysis of production systems in Colombia for climate change adaptation Technical and scientific collaborative agreement No. 20140115 (signed in 2014) Technical and scientific collaborative agreement No. 20140115 (signed in 2014) Subtotal MADR Empresa Brasileira de Pesquisa Agropecuária (Brazil - EMBRAPA) EMBRAPA-FUNARBE thermotherapy chamber: A rapid and massive propagation of cassava and plantain seed, within the scope of the Latin America-Caribbean-Brazil agricultural innovation marketplace Subtotal EMBRAPA Iran Improvement of Chitti bean in Iran Subtotal Iran Mexico TF069018 - To implement aspects of the Strategy and Results Framework of the CGIAR or in accordance with the common operational practice CCM1 Bilateral CRP7 07/12/2012 30/12/2014 8,260 3,268 4,217 7,485 LAM70 Bilateral Outside 24/01/2014 31/12/2014 1,339 - 1,338 1,338 LAM70 Bilateral CRP3.3 24/01/2014 31/12/2014 233 9,832 3,268 233 5,789 233 9,057 CPE83 Bilateral CRP3.4 07/11/2012 07/05/2015 58 58 20 20 31 31 51 51 BEA46 Bilateral CRP3.5 01/01/2011 31/12/2014 300 300 71 71 13 13 84 84 BEA52 W3 CRP3.7 01/10/2012 31/12/2015 392 28 134 162 392 28 134 162 Subtotal Mexico Ministry of Education and Sports, Uganda (MoES) Support to Higher Education, Science and Technology (HEST) AfDB funds Subtotal MoES Peru (Government of Peru) STC-CGIAR-PERU - Realizing the potential of Peruvian cassava by using higher genetic diversity and production and industrial processing technologies for adding value Varieties resistant to Pyricularia grisea to improve rice crop profitability in rainforests Subtotal Peru AFR42 Bilateral CRP3.5 09/09/2014 30/06/2018 505 505 - 7 7 7 7 CPP40 Bilateral CRP3.4 01/01/2013 31/12/2015 100 - 6 6 RGP31 Bilateral CRP3.3 01/01/2008 31/12/2014 250 350 164 164 87 93 250 256 31 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS People's Republic of China (China) Supporting the workshop of China and CIAT collaboration in projects initiation CIAT-CATAS technical cooperation Subtotal China Project code Funding type CRP Starting date Ending date Grant pledged GDC34 RAL16 W3 W3 Non CRP 01/01/2011 31/12/2014 Non CRP 01/01/2011 31/12/2014 118 20 138 11,574 GDK83 Bilateral CRP3.3 28/05/2014 31/03/2015 144 144 Subtotal Developing Nations Government (DNG) Expenditures Prior years Expenditures 2014 Total expenditures 57 57 3,608 60 20 80 6,146 117 20 137 9,754 61 61 61 61 1,890 247 100 100 100 15,617 23 Foundations African Agricultural Technology Foundation (AATF) Newest Rice Project (Funds from USAID) Subtotal AATF Bill & Melinda Gates Foundation (BMGF) BMGF - Double haploid breeding for cassava enhancement Double haploid breeding for cassava enhancement, Phase II BMGF - Endophytic biological control for cassava and beans GCE R8: Synthetic seeds for clonal propagation of disease-free cassava Engineering selective autophagy for virus elimination in cassava A globally integrated Africa Soil Information Service (AfSIS) Less is more: The 5Q approach Global Cassava Partnership: Third Global Cassava Conference and Network Support Subtotal BMGF Ford Foundation (FORD) Promoting business models for sustainable trading relationships among smallholder farmers in Eastern Africa Consultancy - Rural and agricultural economy dynamics and livelihood development potential in Mexico, Guatemala, El Salvador, and Nicaragua Public policies on linking farmers to markets in Colombia and the Latin American region: Farmers more competitive, less poor Evaluation of the impacts of the Fair Trade for All initiatives on smallholder producers and workers on large farms producing coffee certified by Fair Trade for All Informal markets for poverty reduction and food security: Exploring policy options in Nicaragua and Honduras Subtotal FORD - CPG5 CPG54 CPG65 GDN45 GDN48 TSB54 SLB15 Bilateral W3 Bilateral Bilateral Bilateral Bilateral Bilateral CRP3.4 CRP3.4 CRP3.4 CRP3.4 CRP3.4 Non CRP CRP7 15/03/2010 13/05/2014 01/11/2012 01/05/2012 01/11/2012 01/11/2008 01/05/2014 31/03/2014 30/04/2017 30/04/2014 30/04/2014 31/10/2014 18/07/2014 31/10/2015 1,890 1,358 100 100 100 15,696 100 1,497 71 80 35 15,557 - 393 247 29 20 65 60 23 GDN50 Bilateral CRP3.4 01/10/2014 30/09/2018 742 20,086 17,240 38 875 38 18,115 AFR37 Bilateral CRP3.5 01/07/2013 30/06/2015 230 8 152 160 SLF44 Bilateral CRP2 22/08/2013 31/01/2014 23 6 17 23 SLF91 Bilateral CRP2 01/07/2013 30/06/2015 504 107 331 438 SLF99 Bilateral CRP2 01/11/2013 31/10/2016 270 - 68 68 SLF66 Bilateral CRP4 01/01/2015 31/12/2015 200 1,227 569 690 32 121 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS McKnight Foundation (MKF) Improving bean production and utilization by smallholder farmers through integration of climbing beans in the smallholder farming systems in Malawi, Mozambique, and Tanzania Supporting investments in upscaling of grain legumes in Western Kenya through assessing and modeling the threat of biotic stressors Participation and social inclusion in research and development projects in rural areas Supporting investments in upscaling of grain legumes in Western Kenya through assessing and modeling the threat of biotic stressors Subtotal MKF Syngenta Foundation for Sustainable Agriculture (SFSA) Strengthening bean seed systems with focus on bio-fortified bean varieties to respond to bean farmers and market demand in Burundi, Kenya and Rwanda Subtotal SFSA The Nippon Foundation (NIPPON) Improving the livelihoods of smallholder upland farmers in Lao PDR Subtotal NIPPON Subtotal Foundations (FDN) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures BEA38 Bilateral CRP3.5 01/03/2011 28/02/2014 92 79 13 92 BEA53 Bilateral CRP3.5 01/09/2012 28/02/2014 160 157 4 160 SLM51 Bilateral CRP2 01/03/2011 31/05/2014 79 77 2 79 AFR40 Bilateral CRP3.5 01/06/2014 31/07/2017 504 835 313 49 68 49 380 41 41 41 41 AFR43 Bilateral CRP3.5 01/07/2014 31/12/2017 1,500 1,500 - CPI32 Bilateral CRP3.4 01/01/2009 30/04/2014 1,423 1,423 25,215 1,375 1,375 19,049 23 23 1,637 1,398 1,398 20,685 PCF51/52 Bilateral Non CRP 06/05/2010 31/10/2014 1,696 1,696 1,069 1,069 219 219 1,288 1,288 TSC58 Bilateral CRP1.1 01/01/2014 31/12/2014 190 190 - 190 190 190 190 SLF28 Bilateral CRP5 05/12/2013 14/02/2014 73 73 - 73 73 73 73 International or Regional Organizations (IRO) Common Fund for Commodities (CFC) Improving the competitiveness of small-scale oil palm farmers and production in Latin America and the Caribbean: Bridging the yield gap Subtotal CFC Forum for Agricultural Research Africa (FARA) Efficient water and nutrient use in cereal grains systems in marketbased conservation agriculture systems (CGIAR funds) Subtotal FARA Fondo para la Acción Ambiental y la Niñez Construyendo capacidades para la adaptación al cambio climático y la conservación de la biodiversidad y el agua en los Andes colombianos Subtotal FONDO ACCIÓN 33 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS FONTAGRO (Regional Fund for Agricultural Technology) Technology innovations for the integrated management of cassava frogskin Development of Bachiaria genotypes adapted to poor soil drainage to increase cattle production and adapt grazing systems to climate change in Latin America Developing and assessing Lycopersicon spp. genetic resources for use in Solanaceae breeding in the face of biotic and abiotic stresses (through INIA-Chile) Coffee responses and adaptation to climate change in Central America Subtotal FONTAGRO Food and Agriculture Organization of the United Nations (FAO) Assessment of current capacities and needs for institutional and individual participatory climate-smart agriculture scenario building Subtotal FAO Global Crop Diversity Trust (GCDT) Routine operation - Beans - The long-term conservation and sustainable utilization of the ex-situ bean and cassava germplasm collection held by CIAT Routine operation - Cassava - The long-term conservation and sustainable utilization of the ex-situ bean and cassava germplasm collections held by CIAT Adapting agriculture to climate change: Collecting, protecting, and preparing crop wild relatives Subtotal GCDT Inter-American Development Bank (IDB) Dissemination of successful technology innovations in plantain cultivation, for its eco-efficient management in Colombia, Ecuador, and Venezuela Expanding knowledge: Agrimonitor Producer Support Estimate (PSE) Agricultural Policy Monitoring System Elaboración de estudios sobre impactos indirectos: Pavimentación del tramo San Juan Nepomuceno - Ruta 6a - PR - L1080 Analysis of the effect of climate change on production and productivity of key crops in the region Subtotal IDB Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures CPF80 Bilateral CRP3.4 22/12/2011 22/06/2015 320 191 75 266 EFQ70 Bilateral CRP7 01/10/2009 31/07/2014 432 400 32 432 SLF38 SLF56 Bilateral Bilateral CRP7 CRP7 20/04/2011 19/04/2014 23/05/2011 23/05/2015 23 98 873 21 63 675 1 28 136 22 91 812 CCF70 Bilateral CRP7 16/07/2013 30/06/2014 238 238 104 104 109 109 213 213 GRA50 Bilateral Genebank01/01/2007 31/12/2016 1,500 1,090 180 1,270 GRA52 Bilateral Genebank01/01/2008 31/12/2016 1,181 779 125 904 SLG54 Bilateral CRP7 01/01/2014 31/12/2016 304 2,985 1,869 188 492 188 2,361 CPF81 Bilateral CRP3.4 03/07/2013 02/07/2014 32 16 16 32 SLB22 Bilateral Non CRP 01/10/2014 30/04/2015 67 - - - SLB28 Bilateral CRP6 02/12/2014 30/06/2015 54 - - - SLI17 Bilateral CRP7 14/08/2013 31/10/2015 615 768 273 288 288 319 34 15 31 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS International Fund for Agricultural Development (IFAD) Improved forage-based livestock feeding systems for smallholder livelihoods in the Cambodia-Laos-Vietnam (CLV) development triangle (IFAD) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures EFI50 Bilateral CRP3.7 9/16/2011 9/15/2015 1,500 703 469 1,172 SLI39 W3 CRP7 3/13/2014 3/13/2017 1,960 - 331 331 SLI47 Bilateral CRP7 10/15/2014 4/15/2015 53 3,513 703 21 821 21 1,524 SLO52 Bilateral CRP7 10/1/2013 1/31/2015 100 - 94 94 SLO12 Bilateral CRP2 10/1/2013 9/30/2014 150 - 150 150 TSC54 Bilateral CRP5 9/1/2013 1/31/2015 100 350 55 55 44 288 99 343 Making climate data relevant to decision making in Bangladesh: Spatial and temporal downscaling Climate-smart agriculture country Subtotal WB SLW58 SLW29 Bilateral Bilateral CRP7 CRP6 10/20/2014 2/10/2014 2/15/2015 6/25/2014 50 130 180 - 20 130 150 20 130 150 The World Meteorological Organization (WMO) Global framework for climate services adaptation Subtotal WMO CCW70 Bilateral CRP7 3/7/2014 12/31/2016 878 878 - 235 235 235 235 SLP83 Bilateral CRP7 6/1/2012 6/1/2014 200 135 65 200 SLP89 Bilateral CRP7 5/26/2014 5/26/2015 157 85 85 SLU76 CCUN70 Bilateral Bilateral Non CRP 8/15/2014 CRP7 11/27/2014 11/15/2014 12/31/2015 45 343 745 45 4 199 45 4 334 Increasing food security and farming systems for resilience in East Africa through wide-scale adoption of climate and smart agricultural practices Climate risk and vulnerability assessment of the smallholder´s cocoa and coffee production systems in Liberia Subtotal IFAD OPEC Fund for International Development (OFID) Climate-smart technologies and practices: Using science knowledge and expert feedback to accelerate local adoption in Tanzania New business models for the sustained inclusion of smallholder farm families in agribusiness in Nicaragua and Honduras Getting the basics right: Increasing prediction accuracy and reliability of soil health constraints, climate change mitigation potentials, and crop yield gaps in smallholder farms Subtotal OFID The World Bank (WB) United Nations Environment Programme (UNEP) Regional Gateway for Technology Transfer and Climate Change Action in Latin America and the Caribbean (REGATTA) Portal Regional para la Transferenca de Tecnología y la Acción frente al Cambio Climático en América Latina y el Caribe (REGATTA) y Microfinanzas para la Adaptación basada en Ecosistemas - MEBA Iniciativa Global de Conocimiento sobre Adaptación (Adaptation Knowledge Initiative), Portal Regional para la Transferencia de Tecnología y Acción frente al Cambio Climático en América Latina y el Caribe, REGATTA Climate and clean air coalition to reduce short-lived climate pollutants Subtotal UNEP 35 135 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS United Nations World Health Organization (WHO) The Rwanda nutrition, markets and gender survey Subtotal (WHO) Subtotal International or Regional Organizations (IRO) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures AFR39 Bilateral CRP3.5 20/03/2014 15/04/2015 447 447 12,935 4,641 468 468 3,668 468 468 8,310 Alliance for a Green Revolution in Africa (AGRA) A Globally Integrated Africa Soil Information Service (AfSIS) Subtotal AGRA TSB51 Bilateral Non CRP 01/11/2008 31/12/2014 2,930 2,930 2,878 2,878 32 32 2,910 2,910 Biotechnology and Biological Sciences Research Council (BBSRC) Pathogen distribution, characterization, and identification of resistance markers associated with root rot resistance in common bean (BBSRC funds) Modeling and manipulation of plant-aphid interactions: A new avenue for sustainable disease management of an important crop in Africa Subtotal BBSRC AFR36 Bilateral CRP3.5 01/11/2012 31/10/2016 62 7 20 27 BEA49 Bilateral CRP3.5 01/09/2012 31/08/2016 602 664 205 212 170 190 375 402 SLC9A Bilateral Non CRP 26/04/2012 25/04/2014 178 131 47 178 SLC9B Bilateral Non CRP 01/07/2014 30/06/2015 50 - 12 12 SLC93 Bilateral Non CRP 30/05/2013 30/03/2014 17 245 10 141 7 66 17 207 RAE31 SLB57 Bilateral Bilateral Non CRP 12/12/2010 31/12/2014 CRP2 01/09/2011 31/08/2016 55 552 45 115 7 64 52 179 SLC88 Bilateral CRP7 14/05/2014 28/02/2015 43 SLC25 Bilateral CRP2 01/10/2013 30/09/2015 246 896 Academic or Research Institutes (ARI) CARE International (CARE) Integrated technical assistance for developing the Sustainable Land and Water Management component of the PROSADE project Promoción de la seguridad alimentaria y desarrollo económico en la Cuenca de los Ríos Choluteca y Negro Contribution agreement for assessing four mother compounds of effective micro-organisms (EM) in maize and beans in the region of Gulf of Fonseca in Honduras Subtotal CARE Catholic Relief Services, CRS/NI (CRS) Contratos-Consultorías - CRS - Mark Lundy Borderlands Coffee Project Consultoría para estudio de línea de base. Proyecto de Roya a Resiliencia Plan of implementation - CIAT technical backstopping to the Rural Business Management, Health and Environment Program (PROGRESA) Subtotal CRS 36 - 160 - 24 94 - 24 254 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Columbia University (CU) ABES Project - Restoration and conservation of biodiversity in El Salvador through the adaptation and dissemination of slashand-mulch agroforestry system Subtotal CU CORPOICA (Colombian Corporation of Agricultural Research) Reducción del riesgo y adaptación al cambio climático Study on Exocortis in Tahiti acid lime to strengthen the diagnostic system and health in planting material (COLCIENCIAS) Subtotal CORPOICA Future Earth AUCC Future Earth Cluster Proposal Write-shop - Towards an integrated Africa climate research Subtotal Future Earth INIFAP (National Institute for Forestry, Agriculture and Livestock Research) Join efforts and resources to contribute to developing a strategy for sustainable use of forage resources in production systems in Mexico Subtotal INIFAP INRA (French National Institute for Agricultural Research) RICE CONNECTION "Connecting the biology of rice resistance to illnesses, its tolerance to drought and the blooming season" Subtotal INRA Japan International Cooperation Agency (JICA) Proyecto del Desarrollo y Adopción de un Sistema de Producción de Arroz de Bajo Uso de Insumos para Latinoamérica a través de Mejoramiento Genético y Tecnologías Avanzadas de Manejo del Cultivo - SATREPS Subtotal JICA Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures 162 162 366 366 88 88 12 100 22 110 7 7 7 7 TSL31 Bilateral CRP5 31/05/2012 31/05/2015 383 383 204 204 SLC96 Bilateral CRP7 21/01/2014 21/01/2016 221 - GDC35 Bilateral Non CRP 01/09/2012 31/08/2015 27 248 CCFE70 Bilateral CRP7 15/09/2014 30/04/2015 20 20 EFK52 Bilateral CRP3.7 16/11/2012 30/04/2014 60 60 50 50 10 10 60 60 GDK80 Bilateral CRP3.3 01/07/2012 30/06/2016 77 77 32 32 33 33 65 65 GDK85 Bilateral Non CRP 01/10/2014 31/01/2015 34 34 34 34 34 34 37 10 10 - - Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Japan International Research Center for Agricultural Sciences (JIRCAS) Quantifying the BNI-residual effect from B. humidicola on subsequent annual crops Evaluation of drought tolerance of upland rice transformed with environmental stress tolerance genes and selection of elite lines Evaluation of drought tolerance of upland rice transformed with environmental stress tolerance genes and selection of elite lines Subtotal JIRCAS Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures 76 26 102 75 75 EFQ80 Bilateral CRP7 02/05/2011 28/02/2014 102 GDK82 Bilateral CRP3.3 01/04/2014 01/03/2015 107 - GDK79 Bilateral CRP3.3 05/09/2013 01/03/2014 119 328 72 148 47 149 119 297 BEA54 Bilateral CRP3.5 01/01/2013 31/08/2016 523 68 197 265 SLM46 Bilateral CRP3.4 01/05/2014 30/06/2015 83 - - - TSC51 Bilateral CRP1.1 01/10/2012 30/09/2014 126 732 66 134 60 257 126 391 Nature Conservancy (TNC) Contracts - Consultancies - TNC - Peter Läderach Support of Evan Girvetz employment for their work in Africa Subtotal TNC SLT10 SLT92 Bilateral Bilateral Non CRP 09/07/2013 31/12/2014 Non CRP 01/01/2014 31/12/2014 18 71 89 18 71 89 18 71 89 Rutgers University (Rutgers) Spontaneous silvopastoral landscapes Subtotal Rutgers EFC36 Bilateral CRP1.2 15/08/2010 31/05/2014 139 139 88 88 138 138 SLW35 Bilateral CRP7 03/03/2014 31/10/2014 50 50 - 50 50 50 50 EFN50 Bilateral CRP7 01/10/2013 31/12/2015 68 68 - 33 33 33 33 Michigan State University (MSU) Developing and delivering common bean (Phaseolus vulgaris ) germplasm with resistance to the major soil-borne pathogens in East Africa (USDA funds) Organize the collection of crop germplasm improvement research related direct outcomes in south, southeast and east Asia (Funds for MSU are received from CGIAR Consortium, which receives the funds from BMGF) Transforming key production systems: Maize mixed East and Southern Africa: CIAT Subcontract (USAID) Subtotal MSU The Texas A&M University (TAMI) Identifying long-term variety trial locations, provide climate information to support world coffee research variety trials and support on trial data analysis Subtotal TAMI The Trustees of Princeton University PRINCETON The Agricultural Synergies Project: Guidance for Integrating REDD+ and Agricultural Emissions Reductions Subtotal PRINCETON 38 - 50 50 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Pennsylvania State University (PENNSTATE) An integrated program to accelerate breeding of resilient, more productive beans for smallholder farmers Development of "Nebraska" farm as a research platform for generation of new crop varieties and cropping systems adapted to the stressful soils of Eastern and Southern Africa Subtotal PENNSTATE University of Cauca (UNICAUCA) Consultancy for conducting soil and bromatological analyses Subtotal UNICAUCA University of the Valley of Guatemala (UVG) Small coffee producers and adaptive options for a changing climate: The risk and challenges of certification for ecosystem services Subtotal UVG University of California (UCLA) BREAD: Fast breeding for slow cycling crops: Double haploids in cassava and banana/plantain Subtotal UCLA University of Nebraska Epigetic breeding in crops Subtotal University of Nebraska University of Sheffield Genomic approaches to understanding resistance and virulence in the cereal-Striga interaction for targeted breeding of durable defence Subtotal University of Sheffield Wageningen University (WU) NforAfrica: Putting nitrogen fixation to work for smallholder farmers in Africa Subtotal WU World Resources Institute (WRI) The GFW-CIAT Terra- I Initiative Subtotal WRI Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures 69 69 2 70 30 99 BEA56 Bilateral CRP3.5 23/09/2013 22/09/2015 151 BEA37 Bilateral Non CRP 01/05/2009 30/04/2014 30 181 29 29 EFC38 Bilateral Non CRP 06/08/2013 27/08/2014 15 15 2 2 SLU25 Bilateral CRP7 01/04/2012 30/06/2014 53 53 40 40 11 11 51 51 GDN44 Bilateral CRP3.4 01/07/2011 30/06/2014 472 472 275 275 197 197 472 472 GDN49 Bilateral CRP3.4 29/10/2013 30/09/2016 290 290 - 31 31 31 31 RGU87 Bilateral CRP3.3 01/09/2012 31/08/2016 225 225 74 74 55 55 129 129 TSB49 Bilateral CRP5 29/09/2009 28/02/2014 9,811 9,811 9,639 9,639 172 172 9,811 9,811 SLW47 Bilateral CRP6 01/07/2014 30/06/2015 253 253 - 14 14 14 14 39 - - 2 2 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Yale University (YALE) BREAD: Hybrid technologies for heterosis in rice and related cereals (NSF) Hybrid technologies cereal crops (BMGF) Subtotal YALE Subtotal Academic or Research Institutes (ARI) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures RGY8 RGY84 Bilateral Bilateral CRP3.3 CRP3.3 15/04/2010 31/03/2014 01/01/2014 30/06/2015 685 481 1,165 19,427 481 481 14,559 23 230 253 2,199 504 230 734 16,757 EFO31 Bilateral CRP3.7 01/06/2011 31/05/2017 1,750 1,750 877 877 420 420 1,297 1,297 GDL4A Bilateral Non CRP 01/11/2005 31/03/2015 687 687 512 512 110 110 622 622 TSL33 Bilateral CRP5 01/10/2013 31/03/2015 646 646 105 105 481 481 586 586 ICI40 Bilateral Non CRP 20/12/2013 19/12/2014 82 2 38 40 CPF77 CPF76 Bilateral Bilateral CRP3.4 CRP3.4 05/09/2013 31/12/2019 01/09/2009 31/05/2017 408 750 1,240 257 259 26 214 278 26 471 537 GDL43 Bilateral Non CRP 11/09/2008 15/12/2014 269 269 241 241 27 27 268 268 Private Sector (PS) Agrigenetics Inc. (DOW) Research and distribution of B. humidicola and tetraploid B. ruziziensis x various accessions of B. decumbens or B. brizantha Subtotal DOW COACOL (Colombian Agricultural Company) Protocol for monitoring resistance under the Bollgard cotton and Yieldgard maize program in Colombia Subtotal COACOL ECOPETROL (Colombia's National Petroleum Company) ECOPETROL - MA 0031187 Scientific backstopping and technical assistance services conducive to conceptual design of an agroforestry irrigation system with 1.5 MBPDW current of production water from the Castilla field Subtotal ECOPETROL Ingredion Incorporated (INGREDION INCORPORATED) Technical and scientific collaborative agreement to support research, development, and innovation Technical and financial cooperation agreement for technology development with grant of a limited time exclusive remunerated license for commercial exploration of results, signed between CIAT-EMBRAPA-INGREDION-FUNARBE Cassava varietal development agreement Subtotal INGREDION INCORPORATED Pioneer Hi-Bred International, Inc. (Pioneer) Baseline susceptibility studies of Spodoptera frugiperda, Helicoverpa zea and Diatraea saccharalis to purified CryIF endotoxin protein Subtotal Pioneer 40 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS RiceTec, Inc. (RiceTec) Production of transgenic rice for evaluation of agronomic traits Phase II Subtotal RICETEC Syngenta S.A. Protocol for monitoring susceptibility of white pests of Syngenta Bt11 technology in four agro-ecological zones in Colombia Subtotal SYNGENTA Subtotal Private Sector (PS) Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures GDI31 Bilateral CRP3.3 01/08/2013 30/04/2014 90 90 38 38 52 52 90 90 GDL44 Bilateral Non CRP 01/11/2010 23/09/2015 394 394 5,076 226 226 2,258 79 79 1,448 305 305 3,706 SLC85 Bilateral CRP7 31/10/2014 31/10/2015 321 321 - 99 99 99 99 RGC58 Bilateral CRP3.3 07/02/2014 06/02/2018 626 626 - 43 43 43 43 SLN95 Bilateral Non CRP 31/01/2013 17/10/2014 15 15 - 15 15 15 15 BEA39 Bilateral CRP3.5 14/12/2011 13/12/2014 74 57 17 74 BEA47 Bilateral CRP3.5 28/05/2012 27/05/2015 110 12 22 34 ICI27 Bilateral CRP3.4 15/04/2013 22/05/2014 118 55 55 110 ICI22 Bilateral CRP3.4 25/11/2014 25/05/2016 7 1 1 Multi Donors (MD) Corporación Autónoma Regional del Valle del Cauca (CVC) Aunar esfuerzos y recursos humanos, económicos y técnicos para realizar acciones en el marco de la adaptación y la mitigación al cambio climático en el Valle del Cauca Subtotal CVC Instituto Colombiano para el Desarrollo de la Ciencia y la Tecnología Desarrollo e implementación de nuevas tecnologías que ayuden a aumentar los rendimientos del cultivo del arroz en Colombia, con el fin de mejorar la competitividad del cultivo a nivel regional Subtotal COLCIENCIAS ENSOME Servicio de Consultoría de Evaluaciones Subtotal ENSOME Fiduciary Bogotá (FIDUCIARIA BOGOTA) Endophytic entomopathogens in beans: Ecology, formulation, and potential insecticide (COLCIENCIAS) Associative mapping in common bean for drought tolerance (COLCIENCIAS) Developing an early diagnostic kit for certification of cassava seed free of frogskin disease (COLCIENCIAS) Grupo de investigación genética, mejoramiento, producción y tecnologías de post-cosecha en el cultivo de la yuca. Jóvenes Investigadores Convenio No. 0252 de 2014 (COLCIENCIAS) 41 - Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Characterizing, collecting, and micropropagating coconut hybrids from the Colombian Pacific Coast, and defining the entomological complex as strategies to resolve the phytosanitary problem of coconut in Colombia (COLCIENCIAS) Subtotal FIDUCIARIA BOGOTÁ Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures TFF77 Bilateral CRP6 1/23/2012 1/23/2015 420 729 197 321 129 223 326 544 FEDEARROZ (Colombian National Federation of Rice Growers) Assessing the genetic diversity of Hoja Blanca virus in Colombia Subtotal FEDEARROZ RGF52 Bilateral CRP3.3 1/1/2013 12/31/2014 30 30 4 4 25 25 29 29 FLIPA (Latin American Fund for Oil Palm Innovation) Latin American Fund for Oil Palm Innovation Subtotal FLIPA TFF59 Bilateral Non CRP 4/1/2007 10/31/2014 935 935 826 826 109 109 935 935 FLAR (Latin American Fund for Irrigated Rice) FLAR-DIRECCION Project HIAAL - Hybrid Rice for Latin America Subtotal FLAR HIL16 HIL22 Bilateral Bilateral CRP3.3 CRP3.3 Continuous Continuous 8,339 511 8,850 6,437 258 6,695 1,393 219 1,612 7,830 477 8,307 CPE50 Bilateral Non CRP 6/29/2012 8/1/2014 34 34 10 10 12 12 22 22 SLG77 Bilateral CRP7 7/19/2013 1/31/2014 42 37 4 42 SLG98 Bilateral CRP2 1/1/2014 4/15/2017 270 - 51 51 SLG53 Bilateral CRP7 6/1/2009 5/31/2014 200 512 182 220 17 72 200 292 SLN30 Bilateral CRP5 3/1/2012 2/29/2016 859 138 217 355 SLN30 Bilateral CRP6 3/1/2012 2/29/2016 252 1,111 52 190 100 317 152 507 FINAGRO (Colombian Fund for Financing the Agricultural Sector) Training for producers who wish to generate production projects with technology value Subtotal FINAGRO Keurig Green Mountain, Inc. Grant Letter No. 9094895 to revisit the CIAT coffee farmer welfare study Measuring and assessing impacts of Fair Trade for All on farmer, farmworkers and the overall Fair Trade Market System (Inc. Grant No. 9597531) Coffee under Pressure (CUP): Adapting to climate change in Mesoamerica Subtotal KGM Natural Environment Research Council (NERC) Managing ecosystem services for food security and the nutritional health of the rural poor at the forest-agricultural interface Managing ecosystem services for food security and the nutritional health of the rural poor at the forest-agricultural interface Subtotal NERC 42 1/1/2007 7/1/2012 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Solidaridad FSP SOLIDARIDAD - Competitive beef and dairy through sustainable intensification and specialized market access Subtotal FSP SNV (Netherlands Development Organisation) Inclusive business models to promote sustainable cassava production (IBC) Subtotal SNV VITO (Vlaamse Instelling voor Technologisch Onderzoek) Improving weather risk management in West Africa: Evaluation of remote sensing for index insurance Subtotal VITO UPRA (Unidad de Planificación de Tierras Rurales, Adecuación de Tierras y Usos Agropecuarios) Aunar esfuerzos técnicos, administrativos y financieros para generar instrumentos, criterios, metodologías y lineamientos para la orientación de la política en materia del ordenamiento productivo del suelo rural Subtotal UPRA World Conservation Monitoring Centre (WCMC) Biodiversity and commodities scenarios workshop and quantification Subtotal WCMC Project code EFS30 Funding type Bilateral CRP CRP3.7 Starting date Ending date 01/10/2013 31/10/2015 Grant pledged 338 338 Expenditures Prior years - Expenditures 2014 Total expenditures 93 93 93 93 CPA54 Bilateral CRP3.4 01/01/2013 30/06/2015 498 498 91 91 163 163 254 254 VIT70 Bilateral CRP7 19/02/2013 31/01/2014 32 32 23 23 2 2 25 25 SLU22 Bilateral Non CRP 30/01/2014 29/08/2014 121 121 121 121 121 121 CRP7 112 112 69 69 41 41 110 110 8,449 78,126 103 61 164 3,112 29,052 103 61 164 11,560 107,178 CCLAMU Bilateral 11/11/2013 31/03/2015 - Others Various projects Various projects Subtotal Others Subtotal Multiple Donors (MD) Subtotal Temporary Restricted - Bilateral Projects CRPs Non CRPs 14,261 146,811 43 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures 13 13 Intercenter Activities International Maize and Wheat Improvement Center (CIMMYT) JP Young researcher fellowship program La Panamericana: Supporting a more sustainable intensification of family agriculture in Central America Achieving sustainable Striga control for poor farmers in Africa (BMGF) Subtotal CIMMYT International Potato Center (CIP) Sweetpotato action for security and health in Africa Subtotal CIP International Centre for Research in Agroforestry (ICRAF) Secured landscapes: Sustaining ecosystem and carbon benefits by unlocking reversal of emissions drivers in landscapes 2013-2015 (NORAD) Baseline assessment and long-term monitoring of soil and rangeland health and Northern Rangelands Trust areas (NRT funds) Joint research attachment to support Ms. Maggie Munthali's research on the use of GIS for mapping soil and land health metrics and quantifying ecosystem services Subtotal ICRAF International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) Improving the livelihoods of smallholder farmers in drought-prone areas of sub-Saharan Africa and South Asia through enhanced grain legume production and productivity - Tropical Legumes II (Phase 2) (BMGF) Tropical Legumes-1 Workstream Continuation. Personnel/operations and cost (Mexico) Knowledge enhancement for modeling in climate change: Capacity building in South, West and East Africa (DFID) Subtotal ICRISAT International Food Policy Research Institute (IFPRI) Economists DAPA (HarvestPlus) Subtotal IFPRI GDK84 W3 CRP3.4 01/09/2014 28/02/2015 21 TSL35 TSC35 Bilateral Bilateral CRP1.2 20/06/2014 30/12/2014 Non CRP 01/05/2011 31/03/2015 30 60 111 40 40 30 19 62 30 59 102 BSK82 Bilateral CRP3.5 15/04/2011 30/04/2014 150 150 114 114 36 36 150 150 SLI26 Bilateral CRP6 01/08/2013 31/12/2015 121 - 40 40 TSC56 Bilateral CRP6 01/10/2013 31/01/2014 31 30 1 31 TSC59 Bilateral Non CRP 12/05/2014 30/09/2014 8 160 30 8 49 8 79 NSL40 W3 CRP3.5 01/09/2011 30/09/2014 4,542 2,647 1,575 4,222 NSL45 W3 CRP3.5 01/01/2014 31/12/2016 78 78 78 TSC44 Bilateral CRP5 01/03/2012 31/05/2014 300 4,920 253 2,900 46 1,699 299 4,600 SLE2 Bilateral Non CRP 01/12/2010 09/31/2016 579 579 357 357 97 97 454 454 44 - Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS International Institute of Tropical Agriculture (IITA) Strengthening partnerships for innovation in beans, groundnuts and sesame research and technology transfer in Mozambique (USAID) Transforming key production systems: Maize mixed East and Southern Africa "Identification of the key biophysical production constraints to crops and livestock at farm and landscape levels" (USAID funds) Transforming key production systems: Maize mixed East and Southern Africa "Identification of the key biophysical production constraints to crops and livestock at farm and landscape levels" (USAID funds) Land management strategies to intensify cereal-legume farming systems in Ghana (USAID funds) Trade-offs and synergies in climate change adaptation and mitigation in coffee and cocoa systems (Funds from GIZ) Subtotal IITA International Livestock Research Institute (ILRI) Harnessing husbandry of domestic cavy for alternative and rapid access to food and income in Cameroon and the Eastern Democratic Republic of the Congo (AusAID) Smallholder pig value chain project: Development of the Uganda smallholder pig value chain (IFAD funds) Linkage Program USAID Innovative programmatic approach to climate change in support of BecA's mission: Climate-smart Brachiaria grasses for improving livestock production in East Africa (SIDA funds) Africa RISING (Africa Research in Sustainable Intensification for the Next Generation Increasing the productivity of dual-purpose cattle in Nicaragua through use of appropriate breed types and application of best husbandry practices (ADA) Africa RISING (Africa Research in Sustainable Intensification for the Next Generation) Panamericana Initiative Enhancing dairy-based livelihoods in India and Tanzania through feed innovation and value chain development approaches (IFAD) Subtotal ILRI Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures BEA48 W3 CRP3.5 01/10/2011 30/06/2015 530 290 216 506 TSC49 Bilateral CRP5 01/01/2013 30/09/2015 285 95 111 205 TSC49 Bilateral Non CRP 01/01/2013 30/09/2015 121 14 94 109 TSC50 Bilateral CRP1.2 01/06/2013 31/03/2015 200 100 50 150 SLI98 Bilateral CRP7 01/11/2013 31/03/2016 146 1,281 499 23 493 23 992 EFP34 Bilateral Non CRP 01/08/2011 30/05/2014 233 206 27 233 EFP33 EFU37 Bilateral W3 CRP3.7 CRP3.7 01/01/2013 31/12/2014 01/01/2013 31/12/2014 141 68 8 5 94 43 102 48 EFP31 Bilateral Non CRP 22/11/2012 31/12/2015 1,096 230 297 527 AFR44 Bilateral CRP3.5 01/01/2014 30/06/2015 146 - 14 14 EFP47 W3 CRP3.7 01/07/2013 30/06/2016 340 - 36 36 TSC60 TSL34 Bilateral Bilateral CRP1.1 01/01/2014 30/06/2015 Non CRP 01/05/2014 30/11/2014 334 15 - 263 15 263 15 EFP8 Bilateral CRP3.7 154 603 178 968 332 1,571 45 04/11/2011 31/12/2014 333 2,706 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS International Rice Research Institute (IRRI) Development of diagnostic tools for Burkholderia glumae, an emerging rice pathogen of global importance (USAID) 2014 CGIAR Linkages with U.S. Universities and other partners (US University Linkage) Subtotal IRRI International Water Management Institute (IWMI) Water, land and ecosystems in Africa: Restoring degraded landscapes through selective investments in soil quality Subtotal IWMI Subtotal Intercenter Activities Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures RGI6 W3 Non CRP 01/07/2013 30/09/2014 15 12 3 15 GDK81 W3 Non CRP 30/03/2014 31/12/2014 12 27 12 12 15 12 27 TSC61 W3 CRP5 05/06/2014 15/03/2017 964 964 10,896 4,555 256 256 3,675 256 256 8,230 BEA29 BEA36 Bilateral Bilateral Non CRP 01/10/2011 31/12/2014 CRP3.5 15/10/2009 31/05/2014 89 100 61 89 28 10 89 99 PGC31 Bilateral CRP3.5 01/05/2010 31/05/2014 1,624 1,813 1,430 1,580 185 223 1,615 1,803 GPH30 GPB40 GPH6 GDN51 GPH53 Bilateral Bilateral W3 W3 W3 CRP4 CRP4 CRP4 CRP4 CRP4 01/01/2009 01/01/2014 01/05/2011 01/10/2014 01/09/2012 31/12/2014 31/12/2014 30/09/2014 30/09/2015 30/08/2014 31,970 18,529 936 245 245 51,925 25,317 619 181 26,117 6,653 15,073 56 21,782 31,970 15,073 619 56 181 47,899 SSB44 Bilateral CRP1.2 01/01/2013 31/12/2014 2,639 2,639 56,377 953 953 28,650 1,685 1,685 23,689 2,638 2,638 52,339 214,084 111,331 56,416 167,747 Challenge Programs Generation Challenge Program Generation Challenge Program (GCP) Product Delivery Coordinator (PDC), Dr. Steve Beebe Students for analysis of drought tolerance in common bean Phase II - TL1-Improving tropical legume productivity for marginal environments in sub-Saharan Africa and South Asia Subtotal GCP HarvestPlus (HP) HarvestPlus - Phase II HarvestPlus - Phase III USAID funds W3 Project Zambia USAID Harvestplus Rice Activities USAID - HarvestPlus Nutritional Genomics Subtotal HarvestPlus Sub-Saharan Africa Challenge Program (SSA-CP) through FARA Improving livelihoods and enhancing protected area buffer zone functions by integrating profitable nature-based agro-enterprises and natural resource management in the Lake Kivu pilot learning site Subtotal SSA-CP Subtotal Challenge Programs Subtotal restricted projects: Bilateral + W3 + Intercenter Activities + Challenge Programs 46 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures CGIAR Research Programs W1 & W2 funded by CGIAR Fund International Center for Agricultural Research in the Dry Areas (ICARDA) CRP 1.1: Dryland Systems Subtotal ICARDA CRP11 W1&2 CRP1.1 01/01/2012 31/12/2015 1,118 1,118 777 777 341 341 1,118 1,118 FG12 EFP48 W1&2 W1&2 CRP1.2 CRP1.2 01/07/2012 30/06/2015 01/11/2014 31/03/2015 2,186 20 1,338 - 846 - 2,184 - EFP46 FG13 FG14 W1&2 W1&2 W1&2 CRP1.2 CRP1.2 CRP1.2 01/12/2013 31/03/2014 01/01/2013 31/12/2014 01/01/2013 31/12/2014 35 680 147 3,068 279 84 1,701 35 400 63 1,344 35 679 147 3,045 DP20 BE40 W1&2 W1&2 CRP2 CRP4 01/01/2012 31/12/2015 01/01/2012 31/12/2014 2,575 18,759 21,334 1,697 8,297 9,994 878 9,136 10,014 2,575 17,433 20,008 RIS RIS1/9 RGI4/5 GDN47 RIS2A W1&2 W1&2 CRP3.3 CRP3.3 01/01/2011 31/12/2015 20/12/2011 31/12/2015 13,607 914 10,664 603 2,943 277 13,607 879 W1&2 CRP3.3 01/02/2012 01/05/2015 644 374 207 581 W1&2 CRP3.3 01/01/2014 31/12/2014 51 15,216 11,641 51 3,478 51 15,118 International Potato Center (CIP) CRP 3.4: Roots, Tubers and Bananas T.O. 02-2012 Priority settings Workshop: Next Generation Flagship T.O. 05 2012 Complementary funding for cross-cutting projects Complementary Funds L011 L016 RTB - DIP Impact assessment Subtotal CIP CA34 RTB02 RTB03 RTB05 RTB07 RTB08 W1&2 W1&2 W1&2 W1&2 W1&2 W1&2 CRP3.4 CRP3.4 CRP3.4 CRP3.4 CRP3.4 CRP3.4 01/01/2012 01/01/2012 01/07/2014 01/01/2012 01/01/2013 07/01/2014 31/12/2015 31/12/2015 31/12/2015 31/12/2015 31/12/2015 31/12/2015 8,193 522 114 1,427 2,608 105 12,969 5,919 462 824 508 7,713 2,274 60 85 624 2,052 92 5,187 8,193 522 85 1,448 2,560 92 12,900 International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) CRP 3.5: Grain Legumes Contribution from Mexico for bean research (through ICRISAT) Product Line Coordinators for the CRP on Grain Legumes Subtotal ICRISAT BE35 BEA55 BE36 W1&2 W1&2 W1&2 CRP3.5 CRP3.5 CRP3.5 01/01/2012 30/06/2014 01/01/2013 31/12/2014 01/08/2013 31/12/2014 6,711 250 181 7,142 4,316 149 48 4,513 2,387 101 134 2,622 6,703 250 182 7,135 International Institute of Tropical Agriculture (IITA) CRP 1.2: Humid Tropics Humidtropics Capacity Development Projects (IITA) Humidtropics Situation Analysis and platform setup. SRT 1 Development Triangle, Vietnam (IITA) Action Area Coordinator Strategic Research Theme Leader Subtotal IITA International Food Policy Research Institute (IFPRI) CRP 2: Policies, Institutions and Markets CRP 4: Agriculture for Improved Nutrition and Health Subtotal IFPRI International Rice Research Institute (IRRI) CRP 3.3: GRiSP - Global Rice Science Partnership PCCB-Other activities NFR - New Frontier Research MISTING Subtotal IRRI 47 Exhibit II Centro Internacional de Agricultura Tropical (CIAT) Schedule of Restricted Projects For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) DONOR AND PROGRAM PROJECTS International Livestock Research Institute (ILRI) Comprehensive livestock environmental assessment for improved nutrition, a secured environment and sustainable development along livestock value chains. Pilot study on smallholder dairy value chains in East Africa (CG funds) CRP 3.7: Livestock and Fish Subtotal ILRI International Water Management Institute (IWMI) CRP 5: Water, Land and Ecosystems SRP 2 Rainfed Leadership Funds Using ecosystems approach for securing water and land resources in the upper Tana Basin (CGIAR funds) CRP 5: Gender in national policy and implementation in Ghana (CG funds) Subtotal IWMI Center for International Forestry Research (CIFOR) CRP 6: Forests, Trees and Agroforestry Workshop Gender "Gendered access to forests and small farms in Latin America" Subtotal CIFOR Global Crop Diversity Trust (GCDT) Routine operation - In trust for the international community: Plan and partnership for managing and sustaining CGIAR-held collections (genebanks) Non-routine - GRIN-GLOBAL 2.0 pilot deployment Non-routine - CIAT plan for one-time upgrading the in-trust collections Subtotal GCDT Subtotal W1&2 from CGIAR Fund through Lead Centers + GCDT Project code Funding type CRP Starting date Ending date Grant pledged Expenditures Prior years Expenditures 2014 Total expenditures EFP38 FG37 W1&2 W1&2 CRP3.7 CRP3.7 01/04/2014 30/11/2014 01/01/2012 31/12/2014 50 4,344 4,394 2,472 2,472 50 1,690 1,740 50 4,162 4,212 CRP5 WLE2 W1&2 W1&2 CRP5 CRP5 01/01/2012 31/12/2014 01/01/2012 31/12/2014 3,155 164 2,074 107 1,081 57 3,155 164 TSC52 W1&2 CRP5 01/09/2013 31/03/2014 53 38 14 53 WLE3 W1&2 CRP5 01/10/2013 28/02/2014 27 3,399 14 2,233 13 1,166 27 3,399 DP60 W1&2 CRP6 01/07/2011 31/12/2014 1,332 581 751 1,332 DP6A W1&2 CRP6 25/07/2013 31/12/2014 10 1,342 10 591 751 10 1,342 GR8 GRA53 GRA54 W1&2 W1&2 W1&2 Genebank01/01/2011 31/12/2016 Genebank30/09/2013 31/03/2014 Genebank01/01/2014 31/12/2016 11,387 19 1,071 12,477 6,650 5 6,655 2,286 14 169 2,468 8,936 19 169 9,123 82,460 48,290 29,111 77,401 CGIAR Fund CRP7: Climate Change, Agriculture and Food Security (CCAFS) Subcontracting IRRI - SEA CCAFS Project: CGIAR Research Program 7: Climate Change, Agriculture and Food Security (IRRI) Subtotal CRP on Climate Change, Agriculture and Food Security Subtotal CGIAR Fund CCGC W1&2 CRP7 01/01/2011 31/12/2016 165,670 119,983 45,237 165,220 SLI84 W1&2 CRP7 01/11/2013 15/05/2014 150 165,820 248,280 3 119,986 168,276 147 45,384 74,495 150 165,370 242,770 462,364 279,607 130,911 410,518 Total restricted grants 48 Exhibit III Centro Internacional de Agricultura Tropical (CIAT) Schedule of Property, Plant and Equipment For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) COST CATEGORY January 1, 2014 Additions Unrestricted ACCUMULATED DEPRECIATION Disposals Restricted Unrestricted Adjustment Restricted December 31, January 1, 2014 2014 Unrestricted NET BOOK VALUE Disposals Charge for the year Restricted Unrestricted Restricted December 31, January 1, December 31, 2014 2014 2014 A. Physical facilities - - - - - 4 - - - - - - 4 Administration - - - - - - - - - - - - - - - Land 222 - - - - - 222 - - - - - - 222 222 Subtotal 226 - - - - 226 - - - - 226 226 1,811 718 35 121 874 931 937 718 35 121 874 931 937 - - - - - - - - - - 541 - - - - - - - 541 - 23 2,732 819 964 6,479 1,455 1,578 Research 4 - - 4 B. Infrastructure and leasehold Infrastructure Subtotal 1,649 41 121 - - 1,649 41 121 - - - - - - 1,811 - - C. Projects in process Laboratory construction OCS Project Subtotal 541 541 - - - - (541) - - - - (541) - - - - - D. Furnishing and equipment Farming 3,452 250 140 139 Laboratory and scientific equipment 7,442 347 408 128 - Office equipment and furniture 23 634 - 1 487 Housing and kitchen equipment 1,481 - 3 - Computers 3,517 499 106 79 3 Vehicles 5,934 669 232 424 230 Subtotal 22,460 1,765 890 1,257 262 Total 24,876 1,806 1,011 1,257 262 16 3,696 2,633 121 140 139 (12) 8,057 5,987 181 408 97 148 623 5 1 487 1,478 1,389 15 3 - 4,577 2,949 273 106 6,181 2,838 262 232 541 24,137 16,419 857 890 - 26,174 17,137 892 1,011 6 537 49 142 11 6 6 1,401 92 77 79 3 3,246 568 1,331 220 230 2,882 3,096 3,299 1,022 262 16,882 6,041 7,255 1,022 262 17,756 7,739 8,418 Exhibit IV Centro Internacional de Agricultura Tropical (CIAT) Schedule of Financial Indicators: Indirect Costs Rate & Center Reserves For the years ended as of December 31, 2014 and 2013 (expressed in thousands of U.S. dollars) Indirect Costs Rate 2014 2013 Direct operating expenses Research 56,249 49,276 Collaborators/Partnerships non-CGIAR Centers 19,808 13,978 Total direct expenses (excluding CGIAR collaboration costs) (A) 76,057 63,254 Indirect operating expenses General and administration expenses (1) Total indirect costs (B) Indirect (B) / direct costs (A) 9,307 9,451 9,307 9,451 12.2% 14.9% (1) Other expenses and losses generated in 2013 amounting US$1,613 were reclassified to General and administration expenses. CIAT Reserves: 2014 2013 Computation of daily cost for days of reserves Total expenses Less CGIAR collaboration costs Less depreciation costs Center expenses Daily costs 129,342 111,841 44,689 39,136 1,903 3,476 82,750 69,229 227 CIAT reserves excluding investments on fixed assets Number of days of operating reserves 50 190 22,329 19,902 98 105 Exhibit V Centro Internacional de Agricultura Tropical (CIAT) CRP Report by Natural Classification For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 1.1 - Dryland Systems Windows 1 & 2 (1) 210 Natural classification Personnel Bilateral funding 201 Window 3 - - - Collaborator/Partnership costs - Others - - 8 - 8 79 - 193 - 272 10 44 Operational travel Depreciation Subtotal of direct costs - - 34 - - - 2 - 2 299 - 438 - 737 Indirect costs Total - All costs - Total funding 411 Collaborator/Partnership costs - CGIAR Centers Supplies and services - Center funds - 42 - 75 - 117 341 - 513 - 854 Bilateral funding 226 Center funds Total funding 768 (1) Available budget in 2014 was affected by expenses from prior years. CRP 1.2 - Humid Tropics Windows 1 & 2 (1) 504 Natural classification Personnel Collaborator/Partnership costs - CGIAR Centers - Collaborator/Partnership costs - Others 150 Supplies and services Window 3 28 - 10 - - - 45 1,149 - 1,344 423 30 128 - 581 Operational travel 75 0 47 - 122 Depreciation 22 36 - Subtotal of direct costs 1,174 Indirect costs Total - All costs 103 1,586 170 12 243 1,344 115 1,829 10 10 58 2,873 425 3,298 (1) Includes USD35 of W1+2 other from ILRI. CRP 2 - Policies, Institutions and Markets Natural classification Bilateral funding 274 Center funds - Total funding 779 Windows 1 & 2 Window 3 Personnel 505 - Collaborator/Partnership costs - CGIAR Centers - - Collaborator/Partnership costs - Others - - 65 - 65 Supplies and services 214 - 190 - 404 51 135 Operational travel Depreciation Subtotal of direct costs Indirect costs Total - All costs - - - - 84 - - - 0 - 0 770 - 613 - 1,383 108 - 94 - 202 878 - 707 - 1,585 51 Exhibit V Centro Internacional de Agricultura Tropical (CIAT) CRP Report by Natural Classification For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 3.3 - GRiSP: Global Rice Science Partnership Windows 1 & 2 (1) 1,491 Natural classification Personnel Window 3 - Bilateral funding 1,249 Center funds 168 Collaborator/Partnership costs - CGIAR Centers - - Collaborator/Partnership costs - Others - - 54 - 54 Supplies and services - - Total funding 2,908 - 1,403 - 823 - 2,226 Operational travel 159 - 132 - 291 Depreciation - - 8 - 3,053 - 2,266 Subtotal of direct costs Indirect costs Total - All costs 168 - 8 5,487 425 - 310 3,478 - 2,576 168 6,222 735 Bilateral funding 387 Center funds 137 Total funding 2,801 (1) Includes the PCCB, NFR, and Misting funds. CRP 3.4 - Roots, Tubers and Bananas Natural classification Personnel Windows 1 & 2 (1) 2,089 Window 3 188 Collaborator/Partnership costs - CGIAR Centers - - 28 - 28 Collaborator/Partnership costs - Others 414 185 200 - 799 Supplies and services 1,657 132 665 Operational travel 163 80 50 - Depreciation 208 125 22 - 4,531 710 1,352 Subtotal of direct costs Indirect costs Total - All costs 16 153 2,470 293 355 6,746 656 94 174 23 947 5,187 804 1,526 176 7,693 (1) Includes PPA + T.O. 02-13 + T.O. 03-14 + T.O. 05-12 + T.O. 07-14. CRP 3.5 - Grain Legumes Natural classification Personnel Windows 1 & 2 (1) 1,130 Window 3 645 Collaborator/Partnership costs - CGIAR Centers - - Collaborator/Partnership costs - Others - Supplies and services Bilateral funding 1,633 Center funds 64 Total funding 3,473 - - - 476 1,144 - 1,620 1,104 361 1,249 - 2,713 Operational travel 22 164 501 - 687 Depreciation 42 - - - 1,646 4,527 Subtotal of direct costs Indirect costs Total - All costs 2,298 324 223 399 2,622 1,869 4,926 (1) In accordance to ICRISAT's instructions, USD101 from the Mexico Government are shown under W1+2. 52 64 64 42 8,535 947 9,482 Exhibit V Centro Internacional de Agricultura Tropical (CIAT) CRP Report by Natural Classification For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 3.7 - Livestock and Fish Natural classification Windows 1 & 2 Personnel 909 Collaborator/Partnership costs - CGIAR Centers - Collaborator/Partnership costs - Others - Supplies and services - Total - All costs Total funding 1,554 - - - - 606 573 186 580 - 1,339 38 40 124 - 202 12 - 12 1,881 - 3,713 - 1,520 Indirect costs Center funds - 578 - Subtotal of direct costs 58 Bilateral funding 587 28 Operational travel Depreciation Window 3 312 220 55 245 - 520 1,740 367 2,126 - 4,233 Bilateral funding 2,443 Center funds - Total funding 3,394 CRP 4 - Agriculture for Improved Nutrition and Health (A4NH) Natural classification Windows 1 & 2 Personnel 912 Collaborator/Partnership costs - CGIAR Centers Collaborator/Partnership costs - Others Supplies and services Operational travel Indirect costs Total - All costs 39 5,979 - 3,921 - 9,900 410 - 6,874 - 7,284 5,618 - 6,748 871 1,120 10 141 - 730 - 3 - 184 - 187 19,770 - 28,384 Depreciation Subtotal of direct costs Window 3 8,565 49 571 7 1,956 - 2,534 9,136 56 21,726 - 30,918 Bilateral funding 644 Center funds - Total funding 1,447 CRP 5 - Water, Land and Ecosystems (WLE) Natural classification Personnel Collaborators costs - CGIAR Centers Windows 1 & 2 (1) 627 1 Collaborators costs - Partners Supplies and services Subtotal of direct costs Indirect costs Total - All costs 176 - - - - - 389 - 390 353 40 595 - 988 41 9 186 - 236 - - - 1,814 201 2,015 - 3,061 Operational travel Depreciation Window 3 1,022 143 1,166 225 31 256 (1) Includes the additional SRP2 Leadership Funds, Gender Innovation Funds, and WLE Innovation Funds. 53 376 3,437 Exhibit V Centro Internacional de Agricultura Tropical (CIAT) CRP Report by Natural Classification For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 6 - Forests, Trees and Agroforestry Natural classification Windows 1 & 2 Window 3 Bilateral funding 198 Center funds - Total funding - Personnel 374 - Collaborators costs - CGIAR Centers - - - - 25 - - - 25 Supplies and services 151 - 70 - 221 Operational travel 100 - 9 - 109 9 - - - 9 659 92 751 - 277 50 327 - 936 142 1,078 Bilateral funding 1,383 Center funds - Total funding 4,398 Collaborators costs - Partners Depreciation Subtotal of direct costs Indirect costs Total - All costs 572 CRP 7 - Climate Change, Agriculture and Food Security (CCAFS) Natural classification Personnel Windows 1 & 2 (1) (2) 2,866 Window 3 149 15 67 150 - 232 Collaborators costs - Partners 4,115 1,522 1,186 - 6,822 Supplies and services 2,322 93 2,078 - 4,494 852 28 406 - 1,287 73 - 85 5,276 731 6,007 - 17,318 Collaborators costs - CGIAR Centers (3) Operational travel 12 Depreciation Subtotal of direct costs Indirect costs Total - All costs - 10,182 2,143 12,325 1,859 239 2,098 3,112.27 20,430 (1) Includes the expenditure of CIAT as Participating Center, Lead Center, CRP7 Management Fee, and the funds managed by the Universities of Columbia, Copenhagen, Leeds, and Vermont, which are reported in CCAFS through CIAT. (2) Includes USD147 of W1+2 other from IRRI. (3) Excludes $33,082 from W1&2 and $1,471 from W3 (EC/IFAD) executed by Participating Centers. CRP - Genebanks Natural classification Personnel Windows 1 & 2 (1) 1,060 Window 3 - Bilateral funding 244 Center funds Total funding 65 1,369 Collaborators costs - CGIAR Centers - - - - Collaborators costs - Partners - - - - - 1,036 - 57 - 1,093 Operational travel 13 - 3 - 16 Depreciation 19 - - - 19 2,128 340 2,468 - 304 304 65 65 Supplies and services Subtotal of direct costs Indirect costs Total - All costs (1) USD2,286 of Routine Operation, USD169 of Non-routine Upgrading Collections, and USD13 of Non-routine Grin Global. 54 - 2,496 340 2,837 Exhibit VI Centro Internacional de Agricultura Tropical (CIAT) CRP Funding Report For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 1.1 - Dryland Systems Description Windows 1 & 2 Opening balance (401) Cash receipts from Lead Center 560 Cash receipts from other Centers - Disbursements 341 Closing balance (182) CRP 1.2 - Humid Tropics Description Windows 1 & 2 Opening balance (314) Cash receipts from Lead Center 1,051 Cash receipts from other Centers 35 Disbursements (1) 1,344 Closing balance (572) (1) W1+2 other funds from ILRI. CRP 2 - Policies, Institutions and Markets Description Windows 1 & 2 Opening balance (214) Cash receipts from Lead Center 794 Cash receipts from other Centers - Disbursements 878 Closing balance (299) 55 Exhibit VI Centro Internacional de Agricultura Tropical (CIAT) CRP Funding Report For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 3.3 - GRiSP: Global Rice Science Partnership Description Windows 1 & 2 Opening balance (1,731) - Cash receipts from Lead Center 4,208 Cash receipts from other Centers - Disbursements (1) 3,478 Closing balance (1,001) (1) Includes the PCCB, NFR, and Misting funds. CRP 3.4 - Roots, Tubers and Bananas Description Windows 1 & 2 Opening balance (1,763) Cash receipts from Lead Center 4,892 Cash receipts from other Centers - Disbursements (1) 5,187 Closing balance (2,058) (1) Includes PPA + T.O. 02-13 + T.O. 03-14 + T.O. 05-12 + T.O. 07-14. CRP 3.5 - Grain Legumes Description Windows 1 & 2 Opening balance (1) (278) Cash receipts from Lead Center 2,777 Cash receipts from other Centers - Disbursements 2,622 Closing balance (123) (1) USD 101k were added to the initial balance since a grant from the Mexico Government was acknowledged as W1+2 in accordance with CRP 3.5 Lead Center. 56 Exhibit VI Centro Internacional de Agricultura Tropical (CIAT) CRP Funding Report For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 3.7 - Livestock and Fish Description Windows 1 & 2 Opening balance 65 Cash receipts from Lead Center 1,146 Cash receipts from other Centers - Disbursements 1,740 Closing balance (529) CRP 4 - Agriculture for Improved Nutrition and Health (A4NH) Description Windows 1 & 2 Opening balance (103) Cash receipts from Lead Center 7,985 Cash receipts from other Centers - Disbursements 9,136 Closing balance (1,254) CRP 5 - Water, Land and Ecosystems (WLE) Description Windows 1 & 2 Opening balance (1) (284) Cash receipts from Lead Center 985 Cash receipts from other Centers - Disbursements (2) 1,166 Closing balance (465) (1) Opening balance was changed from 309 to 284 due to CPWF project (SLC48) was mapped as non-CRP. (2) Includes PPA & SRP2 Leadership funds, Gender Innovation Funds, and WLE Innovation Funds. 57 Exhibit VI Centro Internacional de Agricultura Tropical (CIAT) CRP Funding Report For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) CRP 6 - Forests, Trees and Agroforestry Description Windows 1 & 2 Opening balance (39) Cash receipts from Lead Center 539 Cash receipts from other Centers - Disbursements 751 Closing balance (251) CRP 7 - Climate Change, Agriculture and Food Security (CCAFS) Description Windows 1 & 2 Opening balance (3,582) Cash receipts from Lead Center 14,532 Cash receipts from other Centers (1) 75 Disbursements (2) 12,325 Closing balance (1,300) (1) USD75 of W1+2 other from IRRI. (2) Includes the expenditure of CIAT as Participating Center, Lead Center, CRP7 Management Fee, and the funds managed by the Universities of Columbia, Copenhagen, Leeds, and Vermont, which are reported in CCAFS through CIAT. CRP - Genebanks Description Windows 1 & 2 Opening balance (1) (1,109) Cash receipts from Lead Center 2,540 Cash receipts from other Centers - Disbursements 2,468 Closing balance (1,037) (1) USD5 from Grin Global was added to the initial cash balance. 58 Exhibit VII Centro Internacional de Agricultura Tropical (CIAT) Consolidated CRP 7 - CCAFS Report by Natural Classification For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) Natural classification Personnel Windows 1 & 2 (1) Window 3 Bilateral funding Total funding 2,866 149 1,383 4,398 33,073 1,538 150 34,761 Collaborators costs - Partners 4,115 1,522 1,185 6,822 Supplies and services 2,322 94 2,081 4,497 853 28 407 1,288 73 85 Collaborators costs - CGIAR Centers Operational travel Depreciation Subtotal of direct costs Indirect costs Total - All costs 12 - 43,241 3,331 5,279 51,851 2,143 238 731 3,112 45,384 3,569 6,010 54,963 (1) Expenses from CGIAR Centers are based on amounts reported in the confirmation letters provided by External Auditors, except ICRAF which are based on a preliminary report. 59 Exhibit VIII Centro Internacional de Agricultura Tropical (CIAT) Consolidated CRP 7 - CCAFS Funding Report For the year ended as of December 31, 2014 (expressed in thousands of U.S. dollars) Total Description Opening balance (all partners) - Cash receipts from the Consortium 56,065 Cash receipts detail Concept Date USD 2013 (VI) tranche 15-Jan-14 2013 Last tranche 8-Apr-14 2,057 2014 (I) tranche 8-Apr-14 6,764 2014 (II) tranche 23-Sep-14 2014 (III) tranche 16-Oct-14 2,058 2014 Last tranche 23-Dec-14 21,943 11,107 12,136 Disbursements AfricaRice 359 Bioversity International 3,012 CIAT (1) 11,816 CIFOR 345 CIMMYT 2,858 CIP 1,342 ICARDA 868 ICRAF 2,285 ICRISAT 2,051 IFPRI 1,211 IITA 996 ILRI 5,920 IRRI 1,748 IWMI 1,743 WorldFish 462 Total disbursements 37,017 Closing balance held by CIAT 19,048 (1) Figures include the funds assigned to CIAT as Participating Center, Lead Center, and the funds disbursed to the Universities of Columbia, Copenhagen, Leeds, and Vermont, which are reported in CCAFS through CIAT. 60 Exhibit IX Centro Internacional de Agricultura Tropical (CIAT) Supplemental Schedule 1 HarvestPlus Challenge Program Phases I, II & III For the years ended as of December 31, 2003 to 2014 (expressed in thousands of U.S. dollars) Cumulated to 2012 Cash receipts 2013 2014 Total Donors Asian Development Bank 117 - - 117 3,150 3,881 50,507 Bill & Melinda Gates Foundation 43,476 CIDA 20,427 - - 20,427 DFID 11,341 7,985 8,015 27,341 IFPRI (Funds for CRP4) - 7,524 7,985 15,509 SIDA 501 - - 501 Stability Funds 2,500 - - 2,500 Syngenta Foundation 1,500 500 250 2,250 United Kingdom 3,659 - - 3,659 USAID 5,367 664 305 6,336 World Bank 9,450 - - 9,450 World Food Program (WFP) 153 - - 153 Zinc Fertilizer Group 734 - - 734 Interest Income (1) 406 7 7 420 99,630 19,830 20,444 139,904 Total receipts 61 Exhibit IX Centro Internacional de Agricultura Tropical (CIAT) Supplemental Schedule 1 HarvestPlus Challenge Program Phases I, II & III For the years ended as of December 31, 2003 to 2014 (expressed in thousands of U.S. dollars) Cumulated to 2012 2013 2014 Total Cash disbursements Aidenvironment 336 Akwa Ibom Agricultural Development Programme (AKADEP) - Australian Centre for Plant Functional Genomics 102 Banaras Hindu University - 48 Benue State Agricultural and Rural Development (BNARDA) - Bioversity International 647 Birsa Agricultural University (BAU) - Chinese Academy of Agriculture Sciences (CAAS) 74 18 336 88 - 161 102 33 38 119 73 112 185 105 126 878 18 36 54 - - CIAT 12,053 7,060 13,633 32,746 CIMMYT 10,744 2,788 3,118 16,650 CIP 18 4,941 120 193 5,254 CLAYUCA Corporation 100 210 150 460 Directorate of Wheat Research (DWR) - 51 10 60 - - 533 540 2,697 DUVILLA 22 EMBRAPA 1,624 EMVEST Farms (Zambia) 100 ENVOY Consult Agriculture Produce (Nigeria) 44 Farming for Food for Development Program - Eastern Uganda 39 94 22 - 100 120 258 - - 39 961 2,026 49 49 Flinders University 180 885 Forward Africa - - Fundit/ICTA - - 60 60 GB Pant University of Agriculture and Technology 147 58 71 276 ICARDA 814 242 218 1,273 ICRISAT 5,093 1,265 981 7,339 IITA 5,906 1,273 1,806 8,985 Institut des Sciences Agronomiques du Rwanda (RAB previously ISAR) 367 127 126 620 Institut National pour l'Étude et la Recherche Agronomiques INERA (DRC) 745 205 266 1,216 Iowa State University 112 - - IRRI 5,570 John Innes Centre 979 - Michigan State University 112 1,923 40 40 8,473 80 1,224 - - 1,224 Millennium Villages Project (Uganda) 83 - - 83 Motivaction 94 - - 94 National Agricultural Research Center (Pakistan) 66 - 97 31 National Agricultural Research Organisation (Uganda) 8 - - 8 National Crops Resources Research Institute (Uganda) 38 - - 38 National Orientation Agency (NOA) - National Root Crops Research Institute (Nigeria) 453 National Crops Resources Research Institute (Uganda) 62 52 106 158 201 141 795 11 - 11 Exhibit IX Centro Internacional de Agricultura Tropical (CIAT) Supplemental Schedule 1 HarvestPlus Challenge Program Phases I, II & III For the years ended as of December 31, 2003 to 2014 (expressed in thousands of U.S. dollars) Cumulated to 2012 2013 Nirmal Seeds India Pvt. 97 NORRACOL (Uganda) 50 - 49 - Oriri Strategy & Transformation 68 - Oyo State Development Programme (OYSADEP) 165 - 50 - 49 60 - Total - 74 1,876 PRAPACE 2014 - 134 1,876 Punjab Agricultural University 160 83 55 298 Purdue University 150 50 125 325 46 46 518 258 3,112 - - Redeemed Aids Programme Action Committee (RAPAC) - Sabanci University - 2,336 Sathguru Management Consultants Pvt Ltd. 169 Senator Adeyemo Women Empowermen Cooperative (SAWEC) - Smile Africa Network Ltd. - - Tempest Advertising Pvt Ltd. - - Universidade Federal do Rio Grande 200 - - 200 University of Aarhus 450 - 180 630 39 169 69 108 90 90 60 60 University of Freiburg 1,940 270 270 2,480 University of Greenwich 1,225 - - 1,225 334 University of Illinois 300 34 - University of Melbourne 140 70 224 434 University of Rhode Island 137 30 30 197 University of Tokyo 180 - - 180 University of Wisconsin-Madison 234 - - 234 USDA 1,207 - - 1,207 VEDCO (Uganda) 78 - - 78 WARDA 78 - - 78 - - 2,536 Yale University 2,536 298 140 - 438 Zambia Agriculture Research Institute 177 78 53 308 - Total disbursements for research 65,785 17,982 26,432 110,199 Disbursements for CIAT Programs and Management 14,438 3,050 3,460 20,948 Total disbursements (1) 80,223 21,032 29,892 131,147 Undisbursed funds held by CIAT 19,407 (1,202) (9,448) World Vision (1) $576 executed by CIAT in 2013, $5 from interest income and $435 executed by CIAT in 2014 are not included in the combined report (Exhibit IXa). 63 8,757 Exhibit IXa Supplemental Schedule 2 - Unaudited HarvestPlus Challenge Program (in thousands) Schedule 2 sets out the transactions for the HarvestPlus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002, date of program inception through December 31, 2014. (unaudited) 2014 (unaudited) Total* IFPRI* Cash receipts / Disbursements Receipts A4NH Asian Development Bank Austria BMZ-GIZ Bill & Melinda Gates Foundation Canada Denmark International Life Sciences Institute Stability Funding Sweden Syngenta Foundation United Kingdom United Kingdom/DFID (Zambia) United States USDA World Bank World Food Programme Others/Donations Zinc Project Group Interest Income (1) Foreign Exchange Gain (Loss) $ Total receipts before transfers $ Transfers Total receipts $ 10,885 505 500 16,358 3,055 1 20 173 31,497 31,497 64 $ 10,885 505 500 16,358 2,750 1 20 171 31,190 (20,131) $ 11,059 CUMULATIVE (2003 - 2014) (unaudited) (unaudited) CIAT $ - 305 2 307 20,131 $ 20,438 Total* $ $ $ 20,730 468 54 505 98,704 32,913 1,538 200 5,000 881 4,500 61,955 1,053 16,248 70 17,500 350 35 1,772 2,533 (9) 267,000 267,000 IFPRI* $ 20,730 468 54 505 92,704 32,913 1,538 200 5,000 881 4,500 61,955 1,053 12,150 70 17,500 350 35 1,772 2,118 (9) $ 256,487 (129,385) $ 127,102 CIAT $ - 6,000 4,098 415 $ 10,513 129,385 $ 139,898 Exhibit IXa Supplemental Schedule 2 - Unaudited HarvestPlus Challenge Program (in thousands) Schedule 2 sets out the transactions for the HarvestPlus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002, date of program inception through December 31, 2014. (unaudited) 2014 (unaudited) Total* IFPRI* Cash receipts / Disbursements Cash Disbursements Adelaide Research & Innovation Pty Ltd. Africa 2000 Network - Uganda Aidenvironment AKADEP (Nigeria) Arti Roller Flour Australian Centre for Plant Functional Genomics Banaras Hindu University Bioversity International (formerly IPGRI) Birsa Agricultural University BNARDA (Nigeria) BRAC Centre Chinese Academy of Agricultural Sciences Chinese Academy of Sciences China Agricultural University Children’s Hospital Oakland Research Institute CIAT CIMMYT CIP CIP (Uganda) Clayuca Corporation Community Enterprises Development Organization (Uganda) Cornell University Craft Technologies, Inc. CRA-ORL Cultural Practice Dalberg Consulting-US, LLC Danish Institute of Agricultural Science Delhi School of Economics Desert Medical Research Center Directorate of Wheat Research (India) DUVILLA EMBRAPA EMVEST Farms (Zambia) ENVOY Consult Agriculture Produce (Nigeria) ETH-Zurich FANCAP Farm Radio International (Uganda) Farming for Food for Development Program - Eastern Uganda Firetail Ltd Flinders University FNRI-DOST (Philippines) Forward Africa FUNDIT GB Pant University of Agriculture and Technology Groundwork LLC Health Development Initiative-Rwanda $ 83 88 56 38 126 36 112 14 266 13,200 2,953 208 227 150 102 440 6 92 15 10 543 120 100 44 45 961 4 49 30 71 84 65 $ 83 56 14 266 19 15 227 102 440 6 92 15 3 100 44 45 4 30 84 - CUMULATIVE (2003 - 2014) (unaudited) (unaudited) CIAT $ 88 38 126 36 112 13,200 2,934 193 150 10 540 120 961 49 71 - Total* $ 28 255 336 162 288 102 119 878 54 185 31 565 63 90 768 32,093 17,058 6,768 385 460 308 730 95 9 92 100 1,230 15 40 61 22 2,748 100 258 1,050 86 165 39 22 5,321 44 49 30 276 140 628 IFPRI* $ 28 255 288 31 547 63 90 768 304 592 1,514 385 308 730 95 9 92 100 1,230 15 40 51 1,050 86 165 22 3,295 44 30 140 628 CIAT $ 336 162 102 119 878 54 185 18 31,789 16,466 5,254 460 61 22 2,697 100 258 39 2,026 49 276 - Exhibit IXa Supplemental Schedule 2 - Unaudited HarvestPlus Challenge Program (in thousands) Schedule 2 sets out the transactions for the HarvestPlus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002, date of program inception through December 31, 2014. Cash receipts / Disbursements HealthBridge Hentges, Kahn, Strauss Hoima Caritas Development Organization (Uganda) Humanitas Global ICARDA ICDDR,B: Centre for Health and Population Research, Bangladesh ICRISAT ICTA IFPRI IITA Innovative Development Strategies Institut de Recherche en Sciences de la Santé - IRSS Institut de Recherche pour le Développement - IRD Institut des Sciences Agronomiques du Rwanda - RAB Institut National pour l’Etude et la Recherche Agronomiques - INERA (DRC) Institute for Development Strategy GmbH Institute for Development Strategy Consult Instituto Nacional de Salud Pública International Nutrition Foundation Iowa State University IRRI John Innes Centre Johns Hopkins University Jiangsu Xuzhou Sweet Potato Research Center Kahn Strauss LLC Kigali Institute of Science & Technology Kigarama Commodity Marketing Society Ltd KSD Partners, LLC London School of Hygiene and Tropical Medicine Makerere University Mbarara University of Science and Technology Michigan State University Millennium Villages Project (Uganda) Ministry of Public Health and Sanitation of Kenya Motivaction MS University of Baroda NOA (Nigeria) National Agricultural Research Center (Pakistan-PARC) National Agricultural Research Organization (Uganda) National Crops Resources Research Institute (Uganda) National Food and Nutrition Commission (Zambia) National Institute for Scientific & Industrial Research (Zambia) National Root Crops Research Institute (Nigeria) Nehru Medical College Nirmal Seeds India Pvt. NORRACOL (Uganda) North Dakota State University (unaudited) 2014 (unaudited) Total* IFPRI* 69 218 127 981 60 8,672 2,016 126 266 187 139 1,923 40 268 23 15 8 35 106 95 141 7 66 69 127 8,672 26 187 139 268 23 15 8 35 95 7 CUMULATIVE (2003 - 2014) (unaudited) (unaudited) CIAT 218 981 60 1,990 126 266 1,923 40 106 141 - Total* 173 119 212 60 1,274 661 7,348 60 40,095 10,091 104 144 182 620 1,216 424 237 573 127 507 9,483 80 3,124 144 83 41 36 90 90 238 65 1,682 172 34 94 129 158 97 62 253 647 10 816 84 165 50 25 IFPRI* 173 119 212 60 661 9 40,095 922 104 144 182 424 237 573 127 395 1,011 3,124 144 83 41 36 90 90 238 65 458 89 34 129 54 204 647 10 21 84 25 CIAT 1,274 7,339 60 9,169 620 1,216 112 8,472 80 1,224 83 94 158 97 8 49 795 165 50 - Exhibit IXa Supplemental Schedule 2 - Unaudited HarvestPlus Challenge Program (in thousands) Schedule 2 sets out the transactions for the HarvestPlus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002, date of program inception through December 31, 2014. Cash receipts / Disbursements Northwest Agriculture and Forestry University Nutrition Impact Solutions Inc. Obafemi Awolowo University (Nigeria) Ohio State University Oriri Strategy & Transformation OYSADEP (Nigeria) Pennsylvania State University PRAPACE Punjab Agricultural University Purdue University RAPAC Research Institute for Mindanao Culture Rothamstead Research Royal Veterinary and Agricultural University Sabanci University Samaritan's Purse (Uganda) Sathguru Management Consultants Pvt. Ltd. Satory Global SAWEC (Nigeria) SEAMEO-RECFON SERPRO, S.A. Smile Africa Network Ltd. SNDT Women's University Spitfire Strategies St. John's Research Institute Tempest Advertising Ltd. Tropical Diseases Research Center Tufts University Universidad Autónoma de Queretaro Universidade Federal do Rio Grande University Catholique de Kabgayi University of Aarhus University of Adelaide University of British Columbia University of California Davis University of Colorado University of East Anglia University of Freiburg University of Greenwich University of Hohenheim University of Illinois University of Melbourne University of Natural Resources and Applied Life Sciences University of Oklahoma University of Pretoria University of Rhode Island University of Tokyo (unaudited) 2014 (unaudited) Total* IFPRI* 70 16 60 24 55 125 46 258 94 150 69 8 90 16 60 12 180 377 26 21 270 78 52 224 16 30 - 67 70 16 24 94 150 8 16 12 377 26 21 78 52 16 - CUMULATIVE (2003 - 2014) (unaudited) (unaudited) CIAT 60 55 125 46 258 69 90 60 180 270 224 30 - Total* 25 70 197 291 49 134 64 1,876 413 436 46 40 59 87 3,216 251 169 270 108 33 77 90 547 110 88 60 250 75 79 200 30 855 2,239 377 1,055 486 21 2,480 1,795 52 334 434 52 189 138 197 180 IFPRI* 25 70 197 291 64 115 111 40 59 87 104 251 270 33 77 547 110 88 250 75 79 30 225 2,239 377 1,055 486 21 570 52 52 189 138 - CIAT 49 134 1,876 298 325 46 3,112 169 108 90 60 200 630 2,480 1,225 334 434 197 180 Exhibit IXa Supplemental Schedule 2 - Unaudited HarvestPlus Challenge Program (in thousands) Schedule 2 sets out the transactions for the HarvestPlus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002, date of program inception through December 31, 2014. (unaudited) Cash receipts / Disbursements University of Ulster University of Wisconsin-Madison USDA Virginia Polytechnic University VEDCO (Uganda) Wageningen University Waka Waka Estates Ltd. WARDA WHO World Vision World Vision International Uganda Yale University Yunnan Academy of Agricultural Sciences Zambia Agriculture Research Institute Zhejiang University, China Other Total disbursements for research $ Disbursements for Program Management (including Program Advisory Committee) Administration/Bank Fee Total disbursements (1) $ 2014 (unaudited) Total* 77 100 30 159 150 250 35 234 12 60 7 39,336 IFPRI* CUMULATIVE (2003 - 2014) (unaudited) (unaudited) CIAT 77 100 30 159 150 250 35 234 12 7 7 13,337 53 $ 25,999 4,807 933 1,863 419 2,944 514 45,076 $ 15,619 $ 29,457 Undisbursed funds held by IFPRI/CIAT $ Total* $ 22 984 3,784 45 396 486 50 78 250 3,085 740 438 31 345 185 290 188,058 $ 31,832 5,000 CIAT 22 750 2,577 45 318 486 50 250 549 740 31 37 185 290 78,816 234 1,207 78 78 2,536 438 308 $ 109,242 13,979 1,959 17,853 3,041 $ 224,890 $ 94,754 $ 130,136 $ 42,110 $ 32,348 $ * The Financial Statements of IFPRI are not audited by Ernst & Young; therefore are indicated as unaudited. (1) CIAT figures do not include $576 executed in 2013; nor $5 interest income and $435 executed in 2014. 68 IFPRI* 9,762 69 70 71 72 Member of the CGIAR Consortium www.ciat.cgiar.org www.cgiar.org CGIAR is a global research partnership for a food-secure future. Its science is carried out by the 15 research centers who are members of the CGIAR Consortium in collaboration with hundreds of partner organizations