International Center for Tropical Agriculture December 31,2005 and 2004 With Independent Auditor’s Report Thereon Contents Page Board of Trustees Members Statement by the Chairman of the Board of Trustees 1 Management Report 2 Independent Auditors' Report . . 3 Statements of Financial Position 4 Statement of Activity 5 Changes in Net Assets 6 Statements of Cash Flows 7 Schedule of Property and Equipment ' 8 Notes to Financial Statements 9 ' Note 1: Objective 9 Note 2: Summary of major accounting policies 9 Note 3: Cash and cash equivalents 13 Note 4: Accounts receivable - donors 15 . Note 5: Accounts receivable - others 15 Note 6: Inventories 16 Note 7: Property and equipment 16 Note 8: Accounts payable - donors ' 16 Note 9: Accounts payable - employees . 17 . Note 10: Accounts payable - others 17 Note 11: Accruals and provisions . ' 17 Note 12: Support to Partners Challenge Programs 18 Note 13: Funds in trust 18 Note 14: Net assets 19 Note 15: Other revenues and support 19 Note 16 Program - related expenses . . .19 Note 17: Management and general expenses 20 Note 18: Other expenses . 20 Note 19: Subsequent events 20 .Exhibit I: Schedule of Grant Revenue 21 Exhibit 11: Schedule I1 of Restricted Grant Revenue 25 Exhibit 111: Schedule of Direct and Indirect Costs Rates 42 Exhibit IV: Schedule of European Community Funding 43 Exhibit V-1: Supplemental Schedule 1 - Harvest Plus Challenge Program ' 4 4 Exhibit V-2: Supplemental Schedule 2 - Harvest Plus Challenge Program 45 Board of Trustees Members Prof. James W. Jones, Chair USA Chair,. Executive 86 Finance Committee Term end on 20 May 2006 Prof. Mary Scholes, Vice-Chair South Africa Chair, Audit Committee . . Dr. Yves Savidan, Term as Chair France Chair: of the Program Committee (outgoing) begins on 2 1 May 2006 Prof. Kenneth Giller . . ' United Incoming Chair of the Program Committee . Kingdom (as of 2 1 May 2006) Dr. Jenchyn Luh USA . . Dr. Nobuyoshi Maeno Japan Dr. David Miron USA Dr. Oscar Rojas Colombia Dr. Maria Jose Sampaio Brazil Dr. Victoria Tauli-Corpuz Philippines Dr. Barbara Valent USA %-Officio members: .Dr. Andres Felipe Arias Colombia Dr. Ramen Fayad* Colombia Chair Nominating .Committee Dr. Claudio Wernli Chile Dr. Arturo E. Vega Colombia Dr. Joachim Voss Canada Director General - Until 2010 Mrs. Carmen Gloria de Escobar Board Secretary Cali - Colombia March 23,2006 * Mr. Fayad will be replaced by Dr. Moises Wasserman on 2 May 2006. TeYfono: (57-214450000 ( d l ~ ~ (t1~-65l 0.) 833-6625 (vk USA) Fox: (57-23445-0073 (dlrecto]. (1- 650)833-6626 (via USA) Cone0 electrchico: ciot@cgiar.org Internet: w.clot.cgior.org Aportodo & r e o 671 3. Cali. Colombia International Center far Tropical Agilculture Statement by the Chairman of the Board of Trustees The mission of the International Center for Tropical Agriculture (CIAT) is to reduce hunger and poverty in the tropics through collabomtive research that improves agricultumlpmductivityty and ~ t u mrels ource management. CIAT's research program is designed in the context of the Future Harvest Centers of the CGIAR, focusing its research around three key Research for Development Challenges: Increasing and Sharing the Benefits of Agro-biodiversity; Restoring Degraded Agro-ecosystems; and Enhancing Rural Innovation. Research issues are developed in terms of medium to long-term funding, yet some donors can commit only short-term funding. The decreasing trend in unrestricted funding continued in 2005, coupled with unfavorable exchange rate movements of the Colombian peso. Unfortunately, in late October, CIAT was notifed that Japan would further reduce its contribution to CIAT by $0.22 million, and also Colombia cut its targeted contributions by $1.30 million. The Colombian peso revaluationagainst the U S dollar during the last two years generated additional costs by approximately one million. Unrestricted funding decreased 4 percent, while restricted funding increased 21 percent as a result of the confidence of donors in CIAT's work. Total revenue increased 12 percent in 2005, totaling US$41.46 million, compared with $36.97 million in 2004. Expenditures increased 16 percent, totaling US$42.36 million, compared with $36.44 million in 2004. This left a net deficit of US$O.90 million in 2005, compared to a surplus of $0.53 million in 2004. The level of reserves is now US$5.17 million. Even though the BOT provided the Secretariat and the CG Chair with a plan to improve the CGIAR ' financial targets in 2005 and to achieve the target in year 2008, due to the 2005 deficit and the higher daily cost originated by the higher implementation of restricted projects, the liquidity indicator decreased from 77 days in 2004 to 6 1 days in 2005, and the adequacy of reserves indicator decreased from 63 days in 2004 to 47 days in 2005. A s an effort to increase reserves and meet the financial indicators, in January 2006 CIAT initiated a structural adjustment process with the purpose of eliminating the gap between unrestricted expenditures and the income available to finance them. CIAT's Board of Trustees and Management Team are working together closely to implement the business plan for the period 2006-2009. This plan reduces 2006 unrestricted expenditures by $3.45 million with cuts across the board and strategic reductions in research projects and support/administrative services. Budget systems are being redesigned to include full cost budgeting. Some international and national staff will be moved from unrestricted budget to restricted budget and some IRS and NRS will be cut. A s stated in. Note 19, this process will imply compensation costs associated with the termination of staff contracts. Present estimates show that the phase out costs for 2006 will represent 75 percent of the total cuts. Therefore, a provision of $2.6 million is included in the 2006 approved business plan to finance the phase out costs. Starting 2007, CIAT is expected to be accumulating operational surpluses and reserves projected to reach $9.5 million by 2009, bringing reserves within the CGIAR targets. 1 Tek5fono: (57-2)4450000( dlreCt0). (1-650)833-6625'(vk USA) Fox: (57-23445€073 Idirectol. (1- 65018334626 Ivia UsAl cone0 &ctrblCo: c~o-t~&i~ar.ora_ ~ ~ internet: &.ciot.cgiar.org Centro InternaCionol de Agricuhm Troplcol &altodo &reo 6713, Cali, Colombia Internotional Center for Troplcal Agriculture Management Report CIAT management is responsible for the reliability of the financial statements. The 2005 Financial Statements expressed in US dollars have been prepared in accordance with the accounting policies of CGIAR Financial Guidelines No. 2- Accounting Policies and Reporting Practices Manual. CIAT maintains a system of internal controls designed to provide reasonable assurance that assets are safeguarded and the financial records of the Center are properly maintained. CIAT's Internal Audit System provides ongoing evalutions of the adequacy and effectiveness to management's policies and procedures. The Audit Committee of the Board of Trustees, the Independent Auditors, Management, and Internal Auditors periodically discuss internal accounting control, auditing and financial reporting matters. The accompanying report is based on the audit conducted by the firm Deloitte and Touche for a second consecutive year. The Management confirms that financial statements as of 31 of December 2005 present fairly the financial position, financial statement of activity, changes in net assets and cash flows of CIAT and that they are presented in compliance with the CGIAR Financial Guidelines. Director General Ahng 'Director of Finance 2 Deloitte. Deloitte & Touche Ltda. Edificio Corfivalle Calle 10 No 4 - 47 Pis0 26 A.A. 444513645 Nit. 860.005.813-4 Cali Colombia Independent Auditors’ Report Tel. +57(2) 8837027 Fax: +57(2) 8834836 www.deloitte.com To the Board of Trustees of International Center for tropical Agriculture - CIAT We have audited the accompanying statement of financial position of Centro Intemacional de Agricultura Tropical - CIAT, a nonprofit organization, as of December 31, 2005 and 2004 and the related statements of activity and cash flow for the years then ended. These financial statements are the responsibility of the Center’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards in conformity with international audit guidelines as issued by the International Federation of Accountants. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis four our opnion. As explained in Note 2. the Center.’s financial statements have been prepared in accordance with the accounting policies and reporting practices prescribed by the Consultative Group on International Agricultural Research (CGIAR) for international agricultural research centers. We concur that such practices conform with generally accepted accounting principles. In our opinion, the financial statements present fairly, in all material respects, the financial position of Centro Intemacional de Agricultura Tropical - CIAT as of December 31, 2005 and 2004 and the results of its operation and its cash flows for the years then ended, in conformity with the basis of accounting described in Note 2. CIAT is in the process of conducting a physical inventory of all i t s futed assets during 2006. with the purpose of updating its records. This procedure has not been carried out more than five years ago. CIATs financial statements do not include any adjustments that might result from the performance of such inventory. Our audits were made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary information included in Exhibits I to V is presented for purposes of additional analysis and is not part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material aspects when considered in relation to the basic financial statements taken as a whole. March 23,2006 Una firma miembro de Audit.Tax.Consulting.Financia1 Advisory. Delo*EteT ouche Tohmatsu 3 Appendix I Centro Internacional de Agricultura Tropical (CIAT) Statement of Financial Position As of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) Note 2005 2004 .Assets , Current .Assets Cash and cash equivalents 3 14,559 11.197 . Accounts receivable ' Donors . 4 7.181 6,011 Employees 357 259 Others 5 . 1,546 1,559 Inven toties 6 348 334 Prepaid expenses 176 173 Total current Assets 24,167 19,533 Non-Current Assets Property, and equipment 7 10,021 10,093 Other assets 6 11 Total Non-current Assets 10,027 10,104 Total Assets 34,194 29,637 Liabilities and Net Assets Current Liabilities Accounts payable Donors 8 8,551 7,179 Employees 9 774 ' 595 Others 10 3,417 3J098 Accruals and provisions 11 145 163 Support to partners Challenge Programs 12 3,620 852 Funds in trust 13 889 267 Total Current Liabilities - 17,396 12,154 Non-current Liabilities Accruals and provisions 11 1,091 860 Others 10 514 536 Total Non-current Liabilities 1,605 1,396 Total Liabilities 19,001 13,550 ~~ Net Assets 14 Ulrdesignated 4,068 5,041 Designated 11.125 11,046 Total Net Assets 15,193 16,087 Total liabilities and Net Assets 34,194 29,637 . The financial statements were approved by the Board of Trustees on 19 May, 2006 and we e signed on its behalf by: f&vPm &is Robert,o Safninlt g Cbirector General Acting Director of Finance See accompanying notes to the financial statements 4 Appendix I1 Centro Internacional de Agricultura Tropical (CIA") Statement of Activities For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) Restricted . Notes Unrestricted Temporary Challenge Total Total - Programs -2005 -2004 Grants Exhibit I & I1 10,981 25,182 4,053 40,216 36,008 Other revenues and support, net 15 1,248 - - 1,248 -968 Total revenues, gains, and other support 182 Program related expenses 16 8.85 1 24,543 3,918 37,312 31.688 Management and general expenses 17 6.87 1 639 135 7,645 6,420 Other expenses 18 198 - -198 -358 Total expenses and losses, net before indirect cost recovery 15,920 25,182 4,053 45,155 38,466 Indirect cost recovery . 2. (1) (2.797) - - (2.797) (2,025) Total expenses and losses, -- net 13,123 25,182 4,053 42,358 36,441 Net Surplus (Deficit) (894) - (894) -535 Memorandum items: Operating expenses by natural classification Personnel costs 10,939 8,110 . 1,590 20,639 18,584 Supplies and services 34 8.931 1,467 10.432 8,840 Collaborators - Partnerships costs 5.256 541 5,797 4,248 Operational travel 1,026 2,246 320 3,592 3,291 Depreciation of fixed assets 1,124 639 135 -1,898 -1,478 Total oper.- a-t ing expenses, net 13,123 25,182 4,053 -42,358 -36.441 See accompanying notes to the financial statements 5 ' Appendix I11 Centro Internacional de Agricultura Tropical (CIA") Changes in N e t Asse t s For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U. S. Dollars) ~~ ignated Undesignated Capital Reserve for Researcl leserve foi Sub- Total hvestec leplacemenl ktivitie letiremen1 Total In Fixec of Fixed 'rogram: f Nationa -Assets Assets Staff - Balance as of December 31. 2003 4.368 9.701 587 8 85 1 11.141 15,515 Depreciation for the year (1.478) 1.478 Additions during the year 2.314 (2.3 14) Disposal during the year (444) 444 Surplus of revenue over expenditure . 535 535 Transfer (fro-m) designated to undesignated 138 (1 34) (4) (1381 Transfer from accruals and prwlslons - 37 -31 37 Balance as of December 31. 2004 5.041 -10.093 61 4 888 -1 1,046 Depreciation for the year (1.898) 1,898 Additions during the year 2.543 (2.543) Disposal during the year U17) 717 Deficit of revenue over expenditure Transfer (from)u ndesignated to designated - 83 (4) ____ -. 79 Balance as of December 31. 2005 4.068 10,021 216 888 11.125 15.193 6 Centro Internacional de Agricultura Tropical (CIA") Appendix IV Statement of Cash Flows For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) 2005 2004 Cash Flows Used in Operating Activities Operating changes in net assets (894) 535 Adjustments to reconcile net cash provided by operating activities Depreciation 1,898 1,478 Recovery for doubtful accounts (207) . Loss on disposal of equipment 79 96 Write-off of account receivables from donors 50 Decrease (increase) in assets: Accounts receivable Donors Employees Others Inventories Prepaid expenses Other current assets Increase (decrease) in liabilities: Accounts payable Donors 1,372 (1,195) Employees 179 100 Others 297 1,268 Support to partners 2,768 (2.080) Accruals and provisions 213 199 Funds in trust 622 (2,472) Net cash provided by (used in) operating activities 5.267 377 Cash Flows from Investment Activities Acquisition of equipment (2,543) (2,314) . Proceeds from disposal of fNed assets 638 348 Net cash used in investment activities (1,905) (1.966) Increase in Net Assets 37 Net increase (decrease) in cash 3,362 (1,552) Cash at the beginning of the period . 11.197 12,749 A t the end of the period 14,559 11,197 See accompanying notes to the financial statements 7 Appendix V Centro Internacional de Agricultura Tropical (CIA") Schedule of Property and Equipment For the year ended as. of December 31, 2005 (expressed in thousands of U.S. dollars) COST ACCUMUUIlED DEPRECIATION Nm BOOK VALUE Dccember 31 Addltlonr Dlsposalr December 31 December 31 Charge for the year Dlsparals December 31 December 31 December 31. 2005 2004 Unrestrleted Restrlcted Unrestricted Restrlcted 2005 2004 Unrestrleted Restrlcted Unrestrleted Restrlcted 2005 2001 Unnstrlcted Restrlcted CATECORY A Physical Facllltles Research I92 192 68 6 74 124 I18 Admlnlstratlon 91 91 42 I 43 49 48 Land 490 490 490 490 Subtotal 773 713 110 7 I17 603 656 R Inrmstructum and Leasehold lnlrastructure 64 232 296 2 ' 2 64 294 ~ Subtotal 64 232 296 2 2 64 294 C Furnlture and equipment Farmlng 4,064 79 I9 213 3.949 2.945 62 19 I49 2.877 I.lI9 1.072 Laboratory and Sclentlne Equlpment 6.063 54 20 I 41 6.277 3.851 235 20 I 34 4.253 2.212 2.024 Omce equlpment and Furnlture 1.608 7 24 I7 1.622 1.394 12 24 14 1.416 214 206 Houslng and Kltchen equlpment 1.038 58 1 82 1.815 1.225 34 1 69 1.191 613 624 Computers 5.788 414 277 131 6.358 3.881 593 277 1 I3 4.738 1.817 1.620 Vchlcles 4.827 925 252 872 5.132 1.436 I79 252 260 1.607 3.391 3.525 Subtotal 24.198 1.537 . 774 1.356 _ . 25.153 14.832 1.115 774 639 - 16.082 9.366 9.07 1 Total 25.035 1.769 774 1358 - 28.222 14.812 1.124 774 638 - 16,201 10.083 10,021 Centro Internacional de Agricultura Tropical (CIAT) Notes to Financial Statements For the years ended as of December 3 1,2005 and 2004 (expressed in thousands of U.S. dollars) Note 1: Objective The International Center for Tropical Agriculture (CIAT) is a not-for-profit organization that conducts socially and environmentally progressive research that aims to: Reduce hunger and poverty in the tropics through collaborative research that improves agricultural productivity and natural resource management. CIAT is one of the 15 food and environmental research centers working towards these goals around the world in partnership with farmers, scientists, and policy makers. Known as the Future Harvest centers, they are funded mainly by 64 donors including countries, private foundations, and international organizations that make up the Consultative Group on International Agricultural Research (CGIAR). These include the World Bank, the Food and Agriculture Organization of the United Nations (FAO), the United Nations Development Programme (UNDP), and International Fund for Agricultural Development (IFAD). Under an agreement with CIAT, signed on May 5, 1987 and ratified by Law 29 of March 18, 1988, the Colombian Government recognizes CIAT as a not-for-profit international organization and grants it certain prerogatives, including exemption from Colombian taxes. Note 2: Summary of major accounting policies Beginning on January 1, 2005, the Center prepares its financial statements in accordance ' with the new accounting policies and reporting practices prescribed by the Consultative Group on International Agricultural Research (CGIAR) for international agricultural research centers. These policies established to Centers fully adoption and complying with all relevant IFRS. The major accounting practices followed at CIAT are summarized below: a. Accrual accounting The Center prepares its financial statements, except for cash flow information, under the accrual basis of accounting. Under the accrual basis of accounting, transactions and events are recognized when they occur (and not as cash or its cash equivalent is received or paid) and they are recorded in the accounting books and reported in the financial statements of 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. Transla tion of cunrencies CIATs financial statements are stated in U.S. dollars. Those assets and liabilities (but not including supplies, spare parts, property, and plant and equipment) denominated in other currencies are translated 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 at 31 December, at the market rate of exchange in effect at the year's end. 9 Incomes and expenses transactions in currency other than U.S. Dollars, as well as those related to properties, spare parts, plants, and equipment, are initially recorded at the official exchange rate on the dates of the transactions. Profits and losses arising on exchange are included in the results of operations. c. Cash and Cash equivalent Cash comprises cash on hand, petty cash funds, currencies awaiting deposit 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) so near their maturity date that the risk of changes in value due to changes in interest rates are insignificant. d Inuestments Investments are initially recorded at their acquisition cost (including brokerage and other transaction costs) if they were purchased, and 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. Interest, 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 from them within one year or less after their acquisition date are to be 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 three months but not exceeding one year. Investments acquired with the purpose of keeping them for more than one (1) year as from their acquisition date are to be classified as long-term investments. e. Inuentories Inventories of materials and supplies are stated at cost, using the moving average price method. Cost represents the purchase price of supplies and spare parts, plus freight and handling charges. Materials in transit are stated at invoice cost. Grants in the form of inventories are measured at fair value at the time of receipt. Inventories held a t the end of the financial period are stated at cost or net realization value, whichever is lower. $ Property and equipment Property, plant and equipment acquired through the use of restricted grants are recorded as assets and fully (100%)d epreciated, and the depreciation expense is charged directly to the appropriate restricted project in the same year of acquisition. Acquisitions of property, plant and equipment less than USDSOO are expensed. 10 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 to account as revenue on a systematic and rational basis over the life of the asset. The contract signed with the Colombian Government related to the land on which CIAT has its headquarters to the Center in commodatum was renewed until July 2010. This contract may be extended thereafter by mutual consent. At the end of 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”. According to the new accounting policies and reporting practices prescribed in March 2004 by the Consultative Group on International Agricultural Research (CGIAR),s ince January 1, 2004, all new facilities provided by host countries to the Center or constructed for the use of the Center, which will revert to the host country in the event the Center ceases to operate, are recognized as assets. Subsequent expenditures relating to property, plant and equipment that has 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 asset’s estimated useful life, except assets acquired with restricted grants. The basis for computing depreciation is the asset’s acquisition cost, less its estimated salvage value. According to the low costs recovery for the sale or written off of computers, starting from 1 January 2005, CIAT decided to modify their salvage value from 10% to 0%. This change does not have a material effect in the financial statements. The following list indicates the useful lives and estimated salvage percentages of the Center’s fmed assets: Category description Estimated life Estimated salvage in years value (%) Physical facilities: Building and improvements 40 - Infrastructure and leasehold: Site improvements 40 - Furniture and equipment: Farming 10 20 Laboratory 10 15 Office 10 10 Auxiliary units 10 15 Computers 5 Vehicles 5 ’ 60 11 g. 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 which are due and receivable by the Center and amounts due from restricted grants that have been negotiated between a donor and the Center. 'Accounts receivable - donors" are classified as follows: Unrestricted Grants: Receivables from unrestricted grants are recognized in full in the period specified by the donor. Restricted Grants: Receivables from restricted grants are recognized in accordance with the terms of the underlying contract. Restricted Grants include Intercenter Activities and Challenge Programs. h. Accounts payable - donors These include grants received from donors for which conditions are not yet met and amounts payable to donors when donors in respect of any unexpended funds received in advance for restricted grants. 'Accounts payable - donors" are classified as follows: Unrestricted Grants: Are those received from the unconditional transfer of cash or other assets to the Center. Restricted Grants: Are those received from a transfer of resources to the Center in return for future compliance relating to the operating activities of the Center. Restricted Grants include Intercenter Activities and Challenge Programs. i. Funds in trust and support to partners These funds have been provided by donors and are managed by CIAT for an ultimate beneficiary other than the Center. j. Net assets Net assets comprise the residual interest in an entity's assets after liabilities are deducted. They are classified as either unrestricted or restricted: Unrestricted net assets are those whose use is not restricted by the donors. They are subdivided as follows: - Undesignated net asset, the use of which is not designated by CIAT Management for special purposes. - Designated net a-set ,a re those that have been restricted by CIAT Management as reserve for replacing property and equipment and for retirement of National Staff. Restricted net assets are net assets whose use by the Center is limited by donors for later periods, after specified dates, or specified purposes. 12 k Revenue recognition Restricted grants are those received from a transfer of resources to the Center in return for pist or future compliance to the operating activities of the Center. Unrestricted grants are those received from the unconditional transfer of cash or other assets to the Center. The grants, whether restricted or unrestricted, are recognized until there is reasonable assurance that the Center will comply with the conditions attaching to: and the grants are received. Unrestricted grants in currencies other than U.S. dollars are recorded at exchange rates in effect at the time of receipt or, if outstanding at 31 December, at the exchange rate in effect at the year's end. 1. Indirect costs recovery Represents the indirect costs recovered from restricted projects based on the rates agreed and stated in each project document with donors. m Reclassifications Some figures of the financial statements as of December 31, 2004 have been reclassified to conform to the 2005 presentation. Note 3: Cash and cash equivalents Cash as of December 31 consisted of: 2005 2004 Cash on hand 360 1,036 Banks (1) 5,194 3,636 Investments cash equivalents (2) 9,005 6.525 Total 14.559 11.197 Restricted Cash The cash and cash equivalent balances include the following amounts considered restricted Cash. See Notes 12 and 13: ~ ~~~~ ~ 2005 2004 Funds in Trust to other institutions 889 267 Challenge Programs 3,620 852 Total 4.509 1.119 (1) This amount includes the following balances: (2) This amount includes the following balances: 13 2005 2004 Banco de Bogota (saving account) (1. 1 ) 1,000 Banco de Bogota (saving account) (1 2) 600 Other saving accounts for cash purpose 3,594 3,636 Total 5,194 3,636 (1.1) CIAT invested USD1,OOO equivalent to Col$2.272,500 at 6.25% local interest rate. At the same time, CIAT contracted a forward to protect the investment against exchange rate exposure at a cost of 0.65% resulting in a net interest rate of 5.60%. See Note 5. (1.2) CIAT invested USDGOO equivalent to Colt1.374.964 at 6.25% local interest rate. At the same time, CIAT contracted a forward to protect the investment against exchange rate exposure at a cost of 0.55% resulting in a net interest rate of 5.70%. See Note 5 2005 2004 J.P. Morgan Chase Bank - Time deposit 3,008 - Regions Bank - Time deposit 503 Leasing Banco de Occidente - Time deposit (2.1) 1,989 - Banco de Credit0 - Time deposit (2.2) 1,494 - Bancolombia - Colombian bonds (2.3) 1,991 Nicaragua Bond 20 Standard Chartered Bank - Time deposit - 3,000 Bancolombia - Time deposit - 2,000 Corfinsura - 1,525 'Total 9,005 6,525 (2.1) CIAT invested USD2,OOO equivalent to Co1$4.543,400 at 6.65% local interest rate. At the same time, CIAT contracted a forward to protect the investment against exchange rate exposure at a cost of 0.9% resulting in a net interest rate of 5.75%. (2.2) CIAT invested USDl.500 equivalent to co1$3,411,750 at 6.30% local interest rate. At the same time, CIAT contracted a forward to protect the investment against exchange rate exposure at a cost of 0.75% resulting in a net interest rate of 5.55%. (2.3) CIAT invested USD2,OOO equivalent to Co1$4.548.000 at 6.00% local interest rate. A t the same time, CIAT contracted a forward to protect the investment against exchange rate exposure at a cost of 0.7% resulting in a net interest rate of 5.30%. This operation was guaranteed with Colombian bonds. According to the international accounting standards, due to the no materiality coming from forwards with protection purpose, the above fohards are not valuated at present value, in i ts turn, investments related to these operations are measured at its carrying amount. 14 Note 4: Accounts receivable - donors As of December 31 consisted of (See exhibit I): ~~ ~ ~ _ _ _ ~ 2005 2004 Unrestricted 1,141 920 Restricted 5,302 4,838 Intercenter Activities 185 129 Challenge Programs 553 124 Total 7.181 6.01 1 Note 5: Accounts receivable - others Other accounts receivable as of December 31 consisted of: 2005 2004 Affiliated organizations 867 . 577 . Taxes 141 306 Advances to suppliers and contractors 190 315 Interests 43 ' 9 Various national clients 120 247 Various foreign clients 52 1 290 Forward (1) (net) 20 (36) Subtotal 1,902 1,708 Less: Allowance for doubtful accounts: (356) (14 9) Total 1,546 1,559 The following is the movement of the allowance for doubtful accounts: 2005 2004 Balance at the beginning of the year 149 149 Provisions 207 Balance at the end of the vear 356 149 ( I ) Corresponds to the net balance of Investment protection. The detail is as follows: 2005 2004 Forwards receivable 7,185 1,509 Less: Forwards payable 7,165 1,545 20 (36) The Center contracted these forwards in Colombian pesos as a protection against exchange rate exposure. See note 3. 15 Note 6: Inventories Inventories as of December 3 1c onsisted of: 2005 2004 Supplies 86 99 Cane 176 226 Spare parts 5 12 Goods in transit 103 19 Subtotal 370 356 Less: Allowance for inventory obsolescence (22) (22) Total 348 334 The movement of the allowance for inventory obsolescence is as follows: 2005 2004 Balance at the beginning of year 22 22 Write-off Balance at the end of the year 22 22 Note 7: Property and equipment Property and equipment as of December 31 is classified under the following accounts (See Appendix V): 2005 2004 costs Physical facilities 773 773 Infraestructure and leasehold 296 64 Furniture and equipment 25,153 24,198 26,222 25,035 Accumulated depreciation (16 ,201) (14 ,942) Total net book value 10.021 10.093 Note 8: Accounts payable - donors Donors payable as of December 31 consisted of (See exhibit I): 2005 2004 Unrestricted 62 1 234 Restricted 7,104 6.188 Intercenter Activities 65 27 Challenge Programs 76 1 730 ~~ Total 8,55 1 7,179 16 Note 9: Accounts payable - employees 2005 2004 Retirement fund 197 168 Vacations 573 427 Salaries 4 Total 774 595 This account corresponds to accrued salaries and benefits for locally recruited personnel Note 10: Accounts payable - others 2005 2004 Current Liabilities Suppliers 1,353 1,419 Donors - other accounts payable 1.06 1 698 Affiliated organizations 848 972 Withholding taxes payable 59 9 Short term Borrowings (Checks not submitted to cash) 96 - Subtotal 3,4 17 3.098 Non-current Liabilities Others (1) 514 536 Subtotal 5 14 536 Total 3,931 3.634 (1) Non-Current liability for USD 5 14 (USD5 36 in 2004) corresponds to the balance of thE accounts payable to The Foundation Restrepo Barco related to the purchase of the lands in Santander de Quilichao and Popayan. Note 11: Accruals and provisions 2005 2004 Current liabilities Social benefits: local staff 15 25 Social benefits: international staff 29 28 Other (1) 101 110 Subtotal 145 163 Non-current liabilities International staff: repatriation (2) 445 370 International staff: repatriation - restricted grants (2) 423 323 External program management review 223 167 Subtotal 1,091 860 Total 1,236 1,023 (1) Other provisions consist primarily of self-insurance reserves for theft, accidents, provision for national outposted staff. (2) The international staff reserves correspond to the estimated costs of repatriating members of the senior staff to their home countries, as specified in their appointment letters. 17 Note 12: Support to Partners Challenge Programs Currentyear . Agreements with donors: Balance movement Balance 2004 Receipts Pay ment s 2005 Harvest Plus Challenge Program 710 4,213' 3,053 1,870 Harvest Plus: End User Project - Gates Foundation - 1,750 - 1,750 Water and Food Challenge Program: lWMI 142 307 449 Total 852 6,270 3,502 3,620 These funds to Challenge Programs Partners are not reported as CIAT revenue in the Statement of Activities. Note 13: Funds in trust Agreements with donor: Current year Government of Colombia (TWWR) Balance movement Balance 2004 ReceiDt s Pavments 2005 No. 094/2000 10 - 10 - No. 078/2002 . 239 8 247 No. 044/2003 7 - 7 - No. 065/2003 11 - 11 - No. 026/2005 - 173 173 - No. 028/2005 - 1,307 418 . 889 Total 267 1,488 866 889 Agreement No. 094/2000, signed by the Government of Colombia and CIAT on 29 December 2000, coriesponds to funds that are currently being paid to Colombian institutions. A s of December 31, 2003 and 2004. the balance pending was to CORPOICA. Agreement No. 078/2002, signed by the Government of Colombia and CIAT on July 2, 2002. corresponds to funds being paid to CORPOICA. Agreement No. 044/2003. signed by the Government of Colombia and CIAT on May 29, 2003, corresponds to funds paid to Comit6s de Investigacidn Agricola Local (CIAL.) (USD34) and funds being paid to Colombian institutions. Agreement No. 065/2003, signed by the Government of Colombia and CIAT on December 26, 2003. corresponds to funds being paid to Colombian and international institutions authorized by the Federacldn Nacional de Cafeteros (FEDECAFE). Agreement No. 026/2005. signed by the Government of Colombia and CIAT on January 2 1, 2005, corresponds to funds being paid to CORPOICA. Agreement No. 028/2005. signed by the Government of Colombia and CIAT on January 21, 2005. corresponds to funds being paid to Colombian institutions. A s of December 31,2005, the outstanding balance corresponds to several Colombian institutions. 18 Note 14: Net assets Net assets as of December 31 are unrestricted net assets. These funds are available for the following purposes of periods: 2005 2004 ' Undesignat ed 4,068 5,04 1 Designated Capital invested in fixed assets 10,021 10,093 Reserve for replacement of fuced assets 216 61 Research activities programs - 4 Reserve for retirement of National Staff (1) 888 888 Total Desimated 11,125 11 ,046 1 Total Net Assets 15,193 16,087 Total Net Assets excluding Capital Invested in Fixed Assets 5,172 5,994 (1) Reserve for future local staff indemnity payments in case of unilateral termination of long term contracts according to the Colombian labor law and to cover bonus for retirement pension according to CIAT's policy. ' Note 15: Other revenues and support 2005 2004 Interest income 548 577 Foreign exchange gain, net (8 1) (247) Tax recovery 410 335 Vehicle rent 286 234 Food and housing surplus 41 19 Gasoline 41 . 40 Others 3 10 Total 1.248 968 Note 16: Program-related expenses 2005 2004 Research 34,729 28.972 Research support 948 1,052 Data management and network 60 1 530 Training 131 143 Communications 296 304 Library 311 302 Regional coordinators 186 283 Others 110 102 Total 37,312 3 1,688 19 Note 17: Management and general expenses 2005 2004 Financial Administration and Treasury 893 738 Personnel management 618 486 Purchasing 159 134 Executive Offcer 326 332 Board of Trustees 25 1 204 Director General 460 432 Internal/Extemal Audit 254 184 Project Office 316 24 1 Central Services 1,520 1,244 Institutional Protection 426 36 1 Insurance 257 227 Depreciation 1,898 1,478 Contingency (46) 37 Staff development and training 80 92 Provision for contract termination , 65 28 Others 168. 202 Total 7,645 6,420 Note 18: Other expenses 2005 2004 Bank charges 86 118 Account Receivables from donors exchange rate loss 42 Account receivables from donors written off 20 Loss on sale of fixed assets 78 96 Others 34 82 Total 198 358 Note 19: Subsequent events As an effort to increase reserves and meet the financial indicators established by the CGIAR, In January 2006 CIAT started a reorganization process with the purpose to eliminate the gap between the unrestricted expenditures and the income available to finance them. This process will consider full cost budgeting for all the Center projects. Some international and national positions will be eliminated from the unrestricted budget and in some cases this will imply compensation costs associated with the termination of staff contracts. 20 Exhibit I Centro Internacional de Agricultura Tropical (CIA") Schedule of Grant Revenue For the years ended as of December 31., 2005 and 2004 (expressed in thousands of U.S. dollars) 2005 Funds Accounts Advance Grant Grant Available Receivable Payment 2004 A. Unrestricted Government of Australia 191 191 Government of Belgium 230 230 98 Government of Brazil 100 100 121 Government of Canada 1,739 1,739 1,955 Government of Germany 324 324 309 Government of Japan 176 176 4 3 1 Government of New Zealand 210 210 514 Government of Norway . 922 922 883 Government of Sweden (SIDA) 678 210 468 513 Government of Switzerland (SDC) 827 827 1,029 Government of Thailandia 32 Government of the Netherlands 54 1 21 1 330 206 Government of the United States of America (USAID) 1,575 525 2.100 2,125 United Kingdom (DFID) 1.314 1,314 1,276 The World Bank 2,250 200 2,050 2,300 Total Unrestricted 10,461 1.141 621 10,981 11,792 B. Temporary Restricted African Appropiate Technology Foundation (AAFT) 16 16 Asian Development Bank (ADB) 746 106 21 83 1 418 Association for Strengthening Agricultural Research in Eastern and Central Africa (ASA REC A) 275 96 37 1 373 Australian Centre for International Agricultural Research (ACIAR) 168 61 14 215 135 Braun Wheatley Partners 37 8 29 54 Canadian International Development Agency (CIDA) 5,192 385 4,807 2.237 Centro de Investigacidn en Palma de Aceite (CENIPALMA) 9 9 8 Chile, Universidad de 13 3 ' 16 10 Colombia, Universidad Nacional de 9 4 5 Columbia University 22 22 Common Fund for Commodities (CFC) 60 1 36 106 53 1 476 Cornpanfa Agrfcola Colombiana Ltda (COACOL) 22 10 32 3 Consorcio Latinoamericano y del Caribe de Apoyo a la lnvestigacidn y Desarrollo de la Yuca (CLAYUCA) 142 15 67 90 56 Corporacidn Autdnoma Regional del Cauca (CRC) 46 54 100 Corporacidn Autdnoma Regional de 10s Valles del Sind y del San Jorge (CVS) 33 33 Corporacidn Centro de Investigacidn de la Acuicultura de Colombia (CENIACUA) 20 9 1 1 3 Corporacidn Colombiana de Investigacidn Agropecuaria (CORPOICA) (9) 21 12 42 European Commission (EC) 1,759 1,759 2.01 1 FARA 33 21 Exhibit I Centro Internacional de Agricultura Tropical (CIA") Schedule of Grant Revenue For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) 2005 Funds Accounts Advance Grant Grant Available Receivable Payment 2004 Federacidn Nacional de Avicultores (FENAVI)/ Fondo Nacional Avfcola (FONAV) 37 Federacidn Nacional de Cafeteros de Colombia 71 32 25 78 40 FONDEAGRO 17 Fondo Latinoamedcano para Arroz de Riego (FLAR) 615 58 557 4 00 FONTAGRO 23 72 7 88 50 Food and Agriculture Organization of the United Nations (FAO) 23 42 3 62 283 Fundaci6.n CHEMONICS (7) 9 2 37 Fundacidn para la lnvestigacidn y el Desarrollo Agrlcola (FIDAR) 18 8 10 7 FUNICA (40) 36 (4) 40 GENOPLANTE 103 52 51 67 Global Environment Facility (GEFJ 22 22 Gobernacidn del Valle del Cauca 47 5 28 24 Government of Australia (AusAID) 161 135 296 305 Government of Austria 343 74 269 166 Government of Belgium (AGCD) 102 127 229 315 Government of Colombia (MADR) 444 6 36 414 1,629 Government of Denmark (DANIDA) 4 Government of France (CIRAD) 178 178 191 Government of Germany (BMZ) 2,088 25 953 1.160 1.141 Government of Italy (7) 185 178 296 Government of Japan 200 200 240 Government of Mexico 35 Government of Norway 23 1 23 1 22 1 Government of Peru 50 25 25 49 Government of Sweden (SIDA) 47 Government of Switzerland (SDC) 1,782 20 414 1,388 1,923 Government of the Netherlands @CIS) 465 2 73 394 468 Government of the United States of America (USAID) 3.785 624 1,792 2,617 2.306 Instituto Colombiano de Desarroiio Rural (INCODER) 11 11 44 lnstituto Colombiano para el Desarrollo de la Ciencia y la Tecnologia (COLCIENCIAS) 121 1 3 119 8 lnstituto lnteramericano de Cooperacidn para la Agricultura (IICA) 143 36 63 116 61 Instituto Nacional de lnvestigacidn Agraria (INlA). Spain 300 161 139 lnstituto Peruano de Leguminosa de Grano (5) 5 15 International Development Research Centre (IDRC) 738 4 56 282 386 International Foundation for Science (IFS) 16 International Fund for Agricultural Development (IFAD) 345 49 29 1 285 International Services for National Agri.cultura1 Research (ISNAR) 21 IPlCS of Uppsala University 22 22 28 22 Exhibit I Centro Internacional de Agricultura Tropical (CIAT) Schedule of Grant Revenue For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) 2005 ~~~~ ~~ Funds Accounts Advance Grant Grant Available Receivable Payment 2004 K. U. Leuven 49 49 15 Kilimo Trust 50 50 Natural Resources lnternational Ltd (NRI) 68 68 Nigerian Starch Mills Ltda (NMS) 50 20 . 30 35 North Carolina State University 42 5 47 70 Palmar del Oriente 2 Papalotla (20) 388 368 342 POSAF-BID 51 21 ' 30 Programa Binacional de la Comunidad Europea (Mancomunidad de Municipalidades) 27 2 29 Programa Naclonal de Transferencia de Tecnologia Agropecuaria (PRONATTA) 2 Secretaria de Agricultura y Pesca del Valle del Cauca 5 5 Secretarfa Desarrollo Econdmico Alcaldia de Armenia 3 2 5 Syngenta-E mbrapa-Avebe 25 Stockholm Environment Institute (SEI) 3 Swiss Centre for International Agriculture (ZIL) 68 13 55 Swiss Federal Institute of Technology (ETH) 126 6 33 99 51 The Department for Environment Food and Rural Affairs (DEFRA) (8) Technical Centre for Agricultural and Rural Cooperation (CTA) 38 1 39 The Department for International Development (DFID) 1,572 72 589 1.055 786 The Ford Foundation 33 The Kellogg Foundation 706 1 327 380 35 1 The Nippon Foundation 527 319 208 189 The Ohio State University (1) 77 76 The Opec Fund for International Development (5) 18 13 24 The_ Rockefeller Foundation 2.398 107 783 1,722 1,451 The United Nations Institute for Training 'and Research (UNITAR) 30 30 10 The World Bank 60 8 - 1,56358 8 United Nations Environment Programme (UNEP) 1.517 18 1,588 United States Department of Agrtculture (USDA) 7 20 27 58 University of Arkansas 5 350 University of California 27 3 35 World Vision, Inc. (35) 229 194 74 Yale University 3 3 2 Other Donors 107 55 22 140 32 26.417 5,302 7,104 24,615 22.215 Intercenter Activit ies Centro Internacional de MeJoramiento de Maiz y Trigo (CIMMYT) 86 16 5 97 30 Consultative Group on lnternational Agricultural Research (CCIAR) 167 7 174 236 International Centre, for Research Agroforestry . (ICRAF) 6 79 85 63 23 Exhibit I Centro Internacional de Agricultura Tropical (CIAT) Schedule of Grant Revenue For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) 2005 Funds Accounts Advance Grant Grant Available Recelvable Payment 2004 International Crops Research Intitute for the Seed Add Tropic QCRISAT) 122 83 205 139 lnternational Livestock Research lnstitute QLRI) 48 48 International Plant Genetic Resources Institute (IPGRI) 18 12 6 10 International Water Management Institute QWMI) 17 447 185 65 567 495 Subtotal B Temporary Restricted 26.864 5.487 7,169 25.182 22.710 C. Challenge programs Harvest Plus Bill & Melida Gates FoundatiodThe World Bank/DFlD/ADB/USAID 2.441 498 1.943 836 International Food Policy Research Institute (IFPRI) 76 29 105 128 L Water and Food lnternational Food Policy Research Institute (IFPRI) 32 2 34 International Water Management Institute QWMI) 540 440 71 909 157 International Crops Research Intitute for the Seed Add Tropic QCRISAT) 31 31 Generation Centro Internacional de Mejoramiento de Maiz y Trigo (CIMMYT) 1,011 71 176 906 376 International Rice Research Institute (IRRI) 30 16 14 9 Sub-Saharan A f r i c a Association for Strengthening Agricultural ' Research in Eastern and Central Africa (ASARECA)/FARA 100 11 111 Subtotal C Challenge Programs 4.261 553 761 4.053 1,506 Total B+C: Temporary Restricted + Challenge Programs 31,125 6,040 7.930 29,235 24,216 Total Grants Revenue: Unrestricted + Temporary Restrlcted + Challenge Programs 41,586 7.181 8.551 40.216 36.008 24 Exhibl t I1 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project . Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Temporary restricted African Appropiate Technology Foundation' Striga Control In Western Kenya:Ralsing Awareness, Containlng; and Reducing the Infestation and Developing Strategies for EradicaGon 10/01/04 09/30/06 32 16 16 Subtotal AAFT 32 16 16 Asian Development Bank (ADB) lmprovlng Livellhoods Upland Farmers Uslng Participatory Approaches to Develop more Emcient Livestock System ' 01/01/03 12/31/05 950 668 320 988 Participatory lvestock Development Project 09/20/04 06/20/05 650 78 51 1 589 Subtotal ADB 1,600 746 831 1.577 Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA) NUI Eastern and Central Afrlca Bean Research Network (ECABREN] Phase I1 10/01/04 09/30/06 464 35 37 1 406 Subtotal ASARECA 464 35 371 406 Australian Centre for Internatlonal Agricultural Research (ACIAR) Development of a Knowledge System for the Selection of Forages for Farming Systems In the Tropics and Subtropics 07/01/02 06/30/05 142 68 61 129 Enhancing the Adoptation of Improved Cassava Productlon and Utilization Systems in lndonesla and East Tlmor 09/02/04 09/01 /07 263 14 110 124 Integrated Nutrient Management in Troplcal Cropping Systems: improved Capabilities in Modelling and Recommendations 07/01/03 06/30/05 42 35 8 43 Seeds of Lire-East Tlmor 11 / 01 /OO 06/30/05 66 53 36 89 Subtotal ACIAR 513 170 215 385 Braun Wheatley Partners lmprovlng Local Support Services for Agroenterprises in Yorlto. Honduras and Caldono Phase I1 02/01 /04 06/30/06 90 54 29 83 Subtotal Braun Wheatley so 54 2s 83 Canadian International Development Agency (CIDA) CCIAR-Canada Linkage Fund-Universlty of Brltish Columbia 04/01 /04 0713 1/ 07 74 14 44 58 Combatting Hidden Hunger in Latin America: Biofortlfled Crops with Improved Vitamln A.. Essential Minerals and Quality Protein 09/14/04 03/31/10 15,190 1.057 3.314 4.371 PRCA-Canada Funds for Afrlca-CFA 01 /01/03 07/31 106 1,008 577 343 920 The Pan Afrlca Bean Research Alllance PABRA Phase I11 07/08/03 05/31 /08 4.390 897 1,099 1.996 Using Market-Led Approaches to drive Investments In Soil Fertility Management and Improve Productlon and Incomes of Rural Communlties In Selected Areas of the Central Watershed of Ztmbabwe 12/20/04 1O / 17/06 68 7 7 Subtotal CIDA 20,730 2,545 4.807 7,352 Exhibit I1 Centro Internacional de Agricultura Tropical (CIAT) Schedule II of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledaed Prior years 2005 Total ~ ~ ~~ Centm de Investieacidn en Palma de Aceite (CENIPALMAI Servlclos de Aseiorlas del ClAT a traves de Yolanda Rublko 04/16/04 02/01/05 17 8 9 17 Subtotal CENIPALMA I7 8 9 17 Chile. Universidad de Colombia, Universidad Nacional de Obtencldn de Nuevas Varledades de Frijol Comdn con Atrlbutos de Rendlmlento y Potenclal para Nuevos Mercados. Utlllzando Seleccldn Convenclonaiy Aslstlda por Marcadores Moleculares 08/18/04 02/17/07 9 5 5 Subtotal Universidad Nacional de Colombia 9 5 5 Iu Columbia University Catalogue of Poverty Mapplng for Seven Countries 02/01/05 12/31/05 22 22 22 Subtotal Columbia University 22 22 22 Common Fund for Commodities (CFC) Brldglng the Yleld Gap In lrrlgated Rlce In Venezuela and Brazil No. CFC/FlCR/O9 05/29/03 05/28/06 885 367 268 635 Enhanced Use of Cassava In the Anlrnal and Balanced Fed Industries of Lath Amerlca and the Carlbbean Reglon: A Market Development for 11/01/03 02/28/06 383 124 154 278 lmproved Competltlveness (Phasel) Colombla/Haltl/Venemela Enhancing Beef Productlvity, Quallty, Safety and Trade In Central Amerlca 05/01/03 04/30/07 340 131 109 240 Subtotal CFC 1,608 622 531 1.153 Compaftia Agrlcola Colombiana Ltda (COACOL) Protocolo para el Monltoreo de Reslstencla para el Programa de Algoddn Bollgard y Mafz YleldCard en Colombla 11/01/05 10/31/08 143 3 3 Protocolo para el Monltoreo y Desarrollo de Reslstencla a la Tecnologfa BollgardO en Colornbla 09/20/04 12/31/05 31 3 29 32 Subtotal COACOL 174 . 3 32 35 Consorcio Latlnoamericano y del Caribe de Apoyo a la Investigacibn y Desarmllo de la Yuca (CLAYUCA) 04/ 12/99 Contlnuous 419 ,275 90 365 Subtotal CLAYUCA 419 275 90 365 Exhlbit I1 Centro lnternacional de Agricultura Tropical (CIAT) Schedule 11 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/proJect Grant period Grant bpenditu'kes . MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Corporacidn Autdnoma Regional del Cauca (CRC) Ublcacldn y Medldas de Control de Procesos Eroslvos de la Cuenca del Rlo Cauca 12/23/04 02/16/06 109 100 100 Subtotal CRC 109 100 100 Corporacidn 'AuMnoma Regional de 10s Valles del Sin& y del San Jorge (CVS) Valoraclbn Amblental y Econdmlca de Plantaclones Forestales Prototlpos en el Departamento de Cdrdoba 12/30/05 08/30/06 62 Subtotal CVS 62 Corporacidn Centn, de Investigacidn de la Acuicultura de Colombia (CENIACUA) 9 Technlcal and Sclentlflc Assessment Agreement wlth CENIACUA 04/01/02 12/31/05 34 14 11 25 Subtotal CENIACUA 34 14 11 25 N Corporacidn Colombiana de Investigacidn Agropecuaria (CORPOICA) -I Dlndmlca de Fuentes de Indculo y An6llsls de la Estructura de . las Poblaclones de 10s Agentes Causales de las Antracnosls en Especles de Frutales Promkorios 04/20/05 06/19/07 45 12 12 Subtotal CORPOICA 45 12 12 European Commission @C) EC-Latin America SB-1 : Genetic Resources 01/01/00 12/31/05 3.236 2.273 964 3,237 IP-4:I mproved FUce for Lath America and the Caribbean 01/01/00 12/31/05 3,818 3,426 392 3,818 Various 01/01/00 12/31/02 1,637 1,637 - 1.637 Subtotal BC-Latin America 8.691 7.336 1.356 8.692 EC-Africa IP-3:I mproved Cassava for the Developlng World 01/01/00 12/31/04 788 788 788 Various 01/01/00 12/31/01 498 498 498 Subtotal EC-Afrlca . 1,286 1,286 - 1,286 EC-Asia IP-3:I mproved Cassava for the Developlng World 01/01/00 12/31/05 1,770 1,367 403 1,770 Various 01/01 100 12/31 /01 74 1 74 1 74 1 Subtotal Ec-Asia 2.511 2,108 403 2.511 Grand subtotal EC 12,488 10.730 1.759 12.489 Exhibit 11 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/proJect Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Federacidn Nacional de Cafetems d e Colombia Apllcacldn de Mlcroarreglos al Estudlo de la Interaccldn Cafe-Broca 11/01/05 06/30/06 25 Inltlative to Study the Coffe Genome, the Coffee Borer and the Controlling Agents Beauverla Bassiana 01/01/04 03/31/05 43 40 3 43 Inlclatlva para el Estudlo del Genoma del Caf4. de la Broca y de su Agente Controlador Beauverla Basslana 06/10/05 12/31/05 86 75 75 Subtotal FEDERACAFE 154 4 0 78 118 FONTACRO a Desarrollo Tecnoldglco para el Fortaleclmlento del mane10 Postcosecha de Frutales Exdtlcos Exportables de Inter& para 10s Pakes Andlnos: Uchuva, Granadllla y Tomate de Arbol 07/25/05 01/24/08 20 3 3 a Mejoramlento de la Nutrlcfdn Humana en Comunldades Pobres de Arnerlca Latlna Utlllzando Malz (QPM) y Frljol ComQn) 09/08/04 09/07/07 350 50 85 135 Lu 00 Subtotal FONTAGRO 370 50 88 138 Food and Agriculture Organlzation of the United Nations (FAO) lnformatlon Management Resource Klt (IMAM) 01/01/04 03/15/05 33 10 26 36 Production and Commerclallzatlon of Improved and Diverslfled Artlzan Seed 05/01 /04 04/30/06 49 47 -10 37 Preparation of a Technical Guide for Cassava Processln Starch Analysls 09/24/04 11/30/05 14 7 6 13 Study on the Impact of the Rlse of Supermarkets on Small Holder Farmers in El Salvador and Honduras 10/15/04 10/14/05 60 7 40 47 Subtotal F A 0 158 71 62 133 Fondo Latinoamericano para Armz de Riego (FLAR) 01/01/95 Contlnuous 4,547 3.93 1 557 4,488 Subtotal F U R 4.547 3.931 557 4.488 Fundacidn CHEMONICS Evaluatlng EHte Cassava Germplasm and Establlshlng Seeds Banks for the Agrolndustrlal Development of the Cassava Crop 10/07/02 1 1/ 20/05 99 97 2 99 Subtotal CHEMONICS 99 97 2 9s Fundacidn para la Investigacidn y el Desarrollo Adcola WFIDARI Desarrolk de Mapas Ger&kos para el MejoramleGo del Contenid0 de Mlcronutrlentes (Fe y 24 en Frfjoles Andlnos, como Alternatlva para Reduclr las Deflclenclas Nutrlclonales de la Poblacldn Colomblana 01/01/05 12/31/06 25 8 8 Increaslng the Biodlverslty of Bean and Make 08/01/03 07/31/06 11 6 3 9 Tissue Culture Project 10/13/99 12/31/05 37 36 (1) 35 Subtotal FIDAR 73 42 10 52 Exhiblt I1 Centro Internacional de Agricultura Tropical (CIA") Schedule 11 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/prcject Grant pedod Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total FUNICA Integrated Watershed Management In 'CA+A20011co and Vlejo Rver' 03/01/04 04/30/05 75 40 (4) 36 Subtotal FUNICA 75 ' 4 0 (4) 36 CENOPLANTE Evaluatlon and Multlplicatlon 5000 llnes of T-DNA Mutants 09/01/02 12/31/06 229 12 6 51 177 Subtotal GENOPLANTB 229 126 51 177 Global Environment Facllitv (GEF) Blosafety In Centers of Blodlversl&: Building Techntcal Capaclty In L a t h Amerlca for Safe Deployment of Transgenlc Crops 11/22/05 07/31/06 260 22 22 Subtotal GEF 260 22 22 Government of Australia (AusAID) N Forages and Llvestock Systems Project (FLSP), Lao PDR 06/01/00 05/31/05 1,943 1,648 296 1,944 (0 Subtotal AusAID 1,943 1,648 296 1,944 Government of Austria Llnklng Farmers to Markets Developlng Sustainable Marketlng Systems to Improve the Competltiveness of Small Holder Organk Agrlculture 01/01/04 12/31/06 367 166 156 322 Spatlal Trade-off Analyses for Slte-Sensltlve Development Interventlons In Upland Systems of Southeast Asla 01/ 01/05 12/31/05 142 113 113 Subtotal Government Austria 509 166 269 435 Government of Belgium (AGCD) Bulldlng the Agrlcultural Assets and Marketlng Opportunities of Rural Women and the Poor, through Partlclpatory Research In a Resource to Consuptlon Framework 01/01/03 12/31/05 657 555 229 784 Subtotal ACCD 657 555 229 784 Government of Colombia O R ) Strengthening the Human Resource through the National System lnterventoy , 0710 1/02 1213 1/ 05 5 Intenentory Agreement No. 044 05/29/03 12/31/05 1 1 1 Desarrollo y Dlfusldn de Yucas Industrlales en Sels Polos de Desarrollo en Colombia. 04/19/04 1213 1/ 05 197 120 81 201 Evaluacldn de la Dlgestabllldad de la Yuca y la Batata c o r n Ingredtentes en la Dleta Comerclal de la Tilapia 05/ 11 /04 12/31/05 26 14 12 26 Plan Operatlvo para el Desarrollo y DIfusl6n de Yucas Industriales en Sels Polos de Desarrollo en Colombia 04/01 105 03/31 /06 173 156 156 Exhibl t I1 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/pro]ect Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior y e w 2005 Total Interventorla Convenlo No. 026 01/21 /05 12 /3 11 05 3 1 1 Interventorla Convenlo No. 028 01/21 105 12 /3 1/08 6 2 2 SB- 1: Cenetlc Resources 01/ 01/98 03/3 1/ 05 834 804 30 834 SB-2: Agroblodlverslty 01/ 01/99 12 /3 1/ 03 105 105 105 IP-3: Improved Cassava for the Developing World 01 /o 1/99 03/3 1/05 81 63 18 81 IP-4: improved Rlce for Lath Amerlca and the Caribbean 01/ O 1/ 98 12/31/04, 2,173 2.173 - 2.173 IP-5: Troplcal Grasses and Legumes 01/01 198 12/311 04 2,854 2,854 - 2.854 IP-6:T roplcal Fruits 0 1/ 01/02 03/3 1/ 05 280 249 31 280 PE-1: lntegrated Pest Management 01/01/04 03/3 1/ 05 121 47 74 121 PE-2: Soils 01 /01/98 12131 /04 1.089 1.090 - 1,090 PE-4: Land Use 01/ 01/98 12/3 1/ 02 444 444 444 PE-5: Sustalnable Systems for Smallholders 01/ O 1/98 12 /3 1/02 717 717 717 SN-1: Rural Agrwnterprlses 01/01/99 12/31/99 10 10 10 SN-2:L inkages wlth NARS 01/01/98 12 /3 1/02 1,497 1,497 - 1,497 S N k Information and Communications 01/ O 1/ 03 03/31/05 185 176 9 185 Tralnlng-Management 0 1/ 01/04 03/3 1/ 04 152 152 152 BP- 1: Impact Assessment 01/01/99 03/31/04 , 511 51 1 51 1 'Subtotal MADR 11,464 11.027 414 11.441 Government of France (CIRAD) Cassava, Rlce, Blotechnology, and Agroenterprise 01/01/98 12/31/05 3.978 3,817 178 3,995 Subtotal CIRAD 3,078 3,817 178 3,@@5 Government of Germany (BMZ) e A System of Drought Insurance for poverty Allevlatlon In Rural Areas 10/01/04 12/3 11 05 25 4 21 25 ' m Bean Genomics for lmproved Drought Tolerance In Afrlca and L a t h Amerlca 05/01/03 04/30/06 770 242 207 449 e Consultancy Juergen Hagmann 09/28/05 1O / 12/05 14 13 13 a Demand -Driven Use of Forages In Fragile. Long Dry Season Environments of Central Amerlca to Improve Livellhoods of Smalholders 02/01 /04 01/ 31/07 432 120 I 83 303 a Developing a Database and Retrleval System for Selectlng Tropical Forages for Farmlng Systems In the Troplcs and Subtroplcs 07/0 1/02 06/30/05 39 28 11 39 a Gene Flow Analysis for Environmental Safety In the Troplcs 01/01/05 06/30/06 574 154 154 a lntegrated Control of Subterranean Pests ln South America 04/01/02 12/311 05 714 536 176 712 a New Opportunltles for Hllislde Farmers: Matchlng Product Quality, Envlronments and Market Demand for Hlgh-Value Agricultural Products 01/01 /05 12/31/07 1,203 345 345 a Spatlal Insights: Aerlal Imagery for Slte-speclflc Agronomlc Management 07/01 103 011 31 /05 43 40 3 43 a Understanding and Catalyzing Learning-Selectlon Processes of Multl-Purpose Forage Based Technologies In Central-America wlth Focus on Dry Season Optlonss and Farmer-Led Seed Systems 04/01/05 03/31 108 215 47 47 Subtotal BMZ 4,029 970 1,160 2,130 Exhibi t I1 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/proJect Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Government of Italy Partlclpatory Research and Gender Analysls (SW) 01/01/97 12/31/04 1,493 1,315 178 1,493 Subtotal Government Italy 1.493 1,315 178 1,493 .Go vernment of Japan Role of Endophytes In Tropical Forages 03/01/95 12/31/04 1,865 1,865 - 1.865 IP-5:Development and Utllizatlon of lmproved Forages for Mlxed Crop-Livestock Systems 01/01/01 12/31/05 790 750 40 790 SN-4:lnformatlon an Essential Ingredient for Linking Farmers to Markets in Agrlcultural Supply Chains 01/01/01 12/31/05 790 750 40 790 PE-2:Exploltlng Nltrlflcatlon In Sol1 for the Beneflt of Agriculture and . the Environment 01/01/04 12/31/05 70 20 50 70 PE-2:Managlng Genetic Resources of Sol1 for Enchanced Productivity and Plant Health 01/01/04 12/31/05 40 20 20 40 w . PE-2:lntegrated Soil Fertility Management In the Tropics 01/01/04 12/31/05 110 60 50 110 I- Subtotal Government Japan 3.665 3.465 200 3.665 Government of Norway Partlclpatory Research Gender Analysls (SW) 01/01/03 12/31/05 660 429 231 660 Subtotal Government Nomay . 660 429 , 23 1 660 .Go vernment of Peru Agreement ClAT-Peru (Componentes de ManeJo lntegrado para Elevar la Rentabllldad y Competltlvldad del CulUvo de Arroz en el Perti) 01/01/02 12/31/07 20 1 151 25 176 Subtotal Government Peru 20 1 151 25 176 Government of Swltzerland (SDC) Lao-1RRI Rice Research and Training ProJect - Phase V 01/01/05 06/30/06 47 20 20 ManeJo de Cuenca con Jovenes lnvestlgadores en la Subcuenca del Rio Tascalapa. Yorlto. Yoro Honduras 07/01/05 06/30/06 30 11 11 Pan Afrlcan Bean Research Alllance (PABRA) 10/01/04 09/30/07 2,000 177 535 712 Partlclpatory Research and Gender Analysls (SW) 01/01 /98 121311 05 687 603 84 687 Small-Scale Agroenterprlse Development in the Uplands of Lao PDR and Vletnam 12/01/02 12/31/06 2.523 680 738 1,418 Subtotal SDC 5.287 1.460 1.388 2,848 Government of the Netherlands @CIS) Cassava Biotechnology Network 111 12/01/00 12/31/06 1.033 688 273 961 Partlclpatory Research and Gender Analysis (SW) 01/01/97 12/31/05 884 768 116 884 Soil, Water & Nutrient Management (SWNM) 01/01/95 12/31/05 . 1,133 1,131 5 1,136 Subtotal DGIS 3,050 2,587 394 2,981 Exhibit I1 Centro Internacional de Agricultura Tropical (CIAT) Schedule 11 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project Grant period Grant Expendltures MM/DD/YY MM/DD/YY pledged Prior yearn 2005 Total Government of the Unlted States of America RlSAIDl Agrlcultural Technology Development and Transfer ProJect for Increased Income and Sustainable Food Securlty In Rwanda 12/01/01 09/30/05 3.163 2,304 543 2,847 a Assesslng the Impact of Blotechnology on Dlverslty: The Effect of . Transgenlc Malze on Non-Target Soil Organlsms 01 /o 1 102 12/3 1 /05 99 79 20 99 Asslstlng Dlsaster-Affected and Chronlcally Stressed Communltles In East and Central Africa: Focus on Small Farmer Seed Systems 03/01/02 02/28/05 308 320 -6 314 Beta-Carotene Enhanced Mustard 01 / O 1/05 12/31 /06 350 205 205 BlFAD Long-Term Training 01 / O 1 /05 12/31/08 1,252 209 209 Blotechnology RCSA 12/01 / 05 12/3 1 /06 350 234 234 Expanding the Range of Uses of Cassava Starch A Source of Income Generation 01 / O 1 /03 12/31/06 600 430 99 529 a Food Safety Meeting 01/ 01/03 12/31/05 70 68 2 70 a Gene Flow Study 01 /01/05 12/31/06 188 63 63 W a Getting Hlgh-Yleldlng and Adapted Bean Varieties Into the Hands and N Flelds of Seed Stressed Ethioplan Farmers 10/01/03 02/2a/o5 188 150 29 179 a ICRAF Congo Llvelihood Improvement and Food Securlty Program 1 0/01 /03 09/30/05 141 52 82 134 a Increase Access to Exlstlng Distance Educatlon Programs for Environmental and Agrlcultural Sclences 01 /01/05 i2/3i/oa 190 1 ia 1 ia Maize - Vit A Blofortlflcactlon 01/01/03 12/31/05 1 moo0 747 253 1 , m Nutritional Genomlcs 01 / O 1 103 12/31/06 850 363 250 613 Southern Afrlca Blotechnology Program 03/01/ 05 02/2a/06 690 509 509 The ESRl User Conference 07/15/04 12/31/05 27 20 7 27 Subtotal USAID 8,466 4.533 2.617 7,150 Gobernaci6n del Valle del Cauca Allanzas de Acclbn: Fortaleclmlento Empresarlal de Organlzaclones de Pequefios y Medlanos Productores del Valle del Cauca 01/24/05 11/24/05 8 9 9 Fortaleclmiento de 10s Espaclos de Concertacldn del Desarrollo Sostenlble en el Departamento (CONSEA, CMDR. Cdmltes Departamentales) 09/23/05 07/23/06 17 1 1 lmplementar Metodologlas para la Creacldn de Cadenas de valor 09/23/05 07/23/06 14 3 3 Segurldad Allmentarla Parcelas de Produccldn Agrleola (Ansermanuevo, Argella. Callma. La Cumbre, La Unldn, Restrepo, TruJUlo,V ijes. Zanal, Dagua) 09/23/05 07/23/06 45 Talleres de Capacltaci6n a las UMATAS del valle del Cauca 01/11/05 07/10/05 10 1 1 1 1 Subtotal Cobernacidn Valle del Cauca s4 24 24 Instituto Colomblano de Desarrollo Rural (INCODER) Desarrollo Actlvldades de Colaboracldn entre el CIAT y el INCODER 04/21/04 05/30/05 55 44 1 1 55 Subtotal INCODER 55 44 11 55 Exhlblt I1 Centro Internacional de Agricultura Tropical (CIA") Schedule II of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of US. dollars) Donor and program/project Grant period Grant Expendltures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Instltuto Colombiano para el Desarrollo de la Ciencla y la Tecnologh (COLCIHNCIAS) 9 Characterlzlng Genetlc Varlablllty In Lulo Solanum Qultoense LAM as a Support for Developlng Breedlng Programs 05/08/02 04/30/05 16 12 4 16 Desarrollo e ldentlflcaclbn de Clones de Yuca con Rakes de Alto Valor Agregado 10/01/04 02/09/08 115 112 112 9 Upland Rlce for Hlllsldes: A New Optlon for Confrontlng Food Insecurlty In the Colomblan Montalns 12/12/02 03/12/05 25 19 3 22 Subtotal COLCIENCIAS 156 31 119 150 Instltuto Interamericano de Cooperacidn para la Agdcultura (IICA) Aumento de la Productlvldad del Cultlvo de Yuca a Traves del Manejo lntegrado de Plagas (U.T.) 03/01/05 02/28/07 83 37 37 Manejo lntegrado de Enfermedades del Cultlvo de la Yuca 03/01/05 02/28/07 83 40 40 Manejo Sostenlble del Suelo del Slstema Productlvo de Yuca con Base en W Practlcas Convenclonales - No Convenclonales y Evaluaclbn Adaptatlva de W Clones Elite de Yuca para la Produccclbn de Forraje y Harlnas como Materlas Prlmas con Mayor Valor Nutriclonal para la Cadena Avfcola y Porcfcola 03/02/05 02/28/08 124 16 16 Utlllzacldn de Varledades Reslstentes para Controlar la Enfermedad de Cuero de Sapo de la Yuca en las Zonas de la Costa Atlentlca y el Cauca 03/01/05 02/28/08 51 23 23 Subtotal IICA 34 1 116 116 lnstituto Nacional de Investigaci6n Agraria (INlA). Spain Strengthening Analytlcal Skills and lmplementatlon Capabllltles for Sustalnable Use of Natural Resources In the Amazon 01/01/05 12/31/05 150 13 9 13 9 Subtotal INIA 150 139 139 Intematlonal Development Research Centre (IDRC) Assesslng the Effects of Long-Term Seed Ald In Ethiopia 06/01/05 05/31/07 233 29 29 Bulldlng Capaclty In Soclal Gender Analysis In the Eastern Hlmalayas 01/01/03 01/13/05 188 188 188 Communlty-Based, lnteractlve Learnlng and Its Appllcatlon to Sol1 Fertility . Management (Kenya) 07/01/05 06/30/08 323 60 60 9 Dlverslfled Llvellhoods through Effectlve Agro-Enterprise lnterventlons 11/01/03 10/31/07 421 104 78 182 Gin&-Mera Memorlal Fellowshlp Fund for Postgraduate Studles In Blodlverslty 1010 1/ 02 09/30/07 455 52 25 77 lnstltutlonallzlng SA/CA for Poverty Allevlatlon In Agricultural Resaerch and Development in the Eastern Hlmalayan Region 03/30/05 03/29/08 163 50 50 Seed AID and Germplasm Restoratlon In Disaster Sltuatlons: Synthesls of . Lessons Learned and Promotlon of More Effective Practlces 06/01/03 03/31/05 140 100 40 140 Subtotal IDRC- 1.923 444 282 726 Exhlblt I1 Centro Internacional de Agricultura Tropical (CIAT) Schedule II of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/proJect Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total International Fund for Agricultural Development (IFAD) Acceleratlng Prosperlty of Rural Communltles In the Umatara Provlnce In Rwanda 11/01/05 10/31/08 78 30 30 Integrated Upland Development, Uslng ParUclpatory Approaches In Chlna. Lao PDR. and Vletnam 01/01/03 09/03/06 1.450 348 26 1 609 Subtotal IFAD 1,528 348 28 1 639 .lP ICS of Uppsala University The Cassava Molecular Dlverslty Network 01/01/00 12/31/05 133 110 22 132 Subtotal IPICS 133 110 22 132 K. U. Leuven Integrating Blofertlllzatlon In Bean Cultlvatlon by Optlmlzlng the Use of the Rhlmblum-Bean Symblosls 11/01/01 12/31/05 95 46 49 95 W Subtotal Leuven 95 46 49 85 lb Natural Resources International Ltd (NRI) Promotlon of Integrated Pest Management Strategles of MaJor Insect Pests of Phaseolus Beans in Hillside Systems in Eastern, Central and Southern Afrlca 04/01/05 01/31/06 101 68 68 Subtotal NRI 101 68 68 Nigerian Starch Mills Ltda (NMS) LOA Between the Nlgerlan Starch Mllls Llmlted the InsUtute the Investment of Troplcal Vlandas 01/26/04 12/31/05 74 35 30 65 Subtotal NMS 74 35 30 65 North Carolina State University Adoptlon of the Nutrlent Management Support System (NuMaSS) Software Throughout Latin Amerlca 10/01/02 09/30/07 121 79 47 126 Subtotal North Carolina 121 78 47 126 Papalotla 01 /O 1/ 01 12131 / 10 2,704 993 368 1,361 Subtotal Papalotla 2.704 993 368 1,361 POSAF-BID La Comunldad se Organlza para Hacer lnvestlgacldn en el ManeJo de 10s Recursos Naturales con Enfasls en el ManeJo Integral de Cuenca 04/ 15/05 1011 5 /06 108 30 30 Subtotal POSAF-BID 1o s 30 30 Exhlbit I1 Centro lnternacional de Agricultura Tropical (CIA") Schedule 11 of Restricted Grant Revenue For the year ended as of December 31, 2005 .(expressed in thousands of U.S. dollars) Donor and propram/project Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Programa Binaclonal de la Comunidad Europea (hlancomunidad de Munidpalldades) Programa Blnaclonal en Honduras 1 1 /O 1 /04 04/30/07 80 29 29 Subtotal Programa Blnaclonal 80 29 29 Secretaria de Agricultura y Pesca del VaUe del Cauca Cobernabllldad y Equldad en la Cadena Productlva de la Mora en el Valle del Cauca: Elementos para la Evaluacl6n de las Cadenas Productlvas en Colombia 01/31/05 07/31/05 5 5 5 Subtotal Secretadn de Agricultura 5 5 5 .Se cretada Desarrollo Econddco Alcaldia de Armenia Desarrollo y Transferencla de Medldas de Manejo del Moko 09/13/05 09/12/06 5 5 5 Subtotal Secretarla Alcaldia Armenia 5 5 5 Stockholm Environment Institute (SEI) 8 Local Case Study Consultancy to the Stockholm Envlronment Institute 10/01/02 05/31/05 22 22 22 Subtotal SEI 22 22 22 Swiss Centre for International Agriculture (ZKJ Development of an In Vltro Protocol for the Productlon of Cassava Doubled-Haplolds and Its Use In Breedlng 01/01/05 12/31/08 133 55 55 Subtotal ZIL 133 55 55 Swiss Federal Institute of Technology 0 Adaptatlon of Brachiaria Grasses to Low-P Solls 1 1 /28/O3 1 1 /27/06 99 7 35 42 Improved Feedlng Systems for Smalholder Dairy Cattle wlth Emphasis on Dry Season Feeding and I t s ElTect on Mllk Production and Quality 05/26/04 05/25/07 60 3 23 26 The Forage Potentlal of Trannlnnlferous Legumes: Search for Sustalnable . Ways to Cope wlth Nutritional Llmltatlons In Smallholder Llvestock 12/11/03 12/10/06 100 41 41 82 Subtotal ETH 259 51 99 150 Technical Centre for Agricultural and Rural Cooperation (CTA) Partlclpatory Approaches to Research and Scallng Up: An African Soil Biology and Fertility Nemork m e t ) T rahlng Workshop 05/01 /05 06/30/05 38 39 39 Subtotal CTA 38 38 39 .Th e Department for International Development (DFID) Boosting the Productlon and Marketlng- of HQ-h -Value Crops throunht I ICT-Enabled Networks of Producers, Consumers and Support-Servlce Providers 04/01/04 03/31/06 181 39 86 I25 Integrated Pest and Sol1 Management to Combat Strlga Stemborers and Declining Sol1 Fertility In the Lake Victoria Basin 10/01/02 12/31/05 64 48 33 81 Exhlbit I1 Centro Internacional de Agricultura Tropical (CIAT) Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project Grant pedod Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Knowledge and Tools for Modulating Postharvest Physlologlcal Deterloratlon In Cassava 04/01/02 03/31/05 143 123 20 143 Knowledge Sharing Methodologles for Pro-poor Agrlcultural lnnovatlon: from PITAS to Marglnal Farmlng Communltles 04/01/04 03/31/06 151 52 98 150 Natlonal Agricultural Innovation Systems that Work for the Poor: Buildlng on the Bolivian Experience 11/01/05 03/31/06 205 42 42 Partlclpatory Monltorlng and Evaluation for Rural lnnovatlon In Bollvla to Artlculate Poor Farmers' Demand for Agricultural Research wlth Supply, and to Increase the Accountablllty of Research Provlders to the Poor 09/01/02 08/31/05 462 397 141 538 Promotlon of lntegrated Pest Management Strategles of Major Insect Pests of Phaseolus Beans In Hlllslde Systems In Eastern and Southern Africa 02/01/01 03/31/05 459 327 78 405 Tropical Whltelly 1PM Project - Phase 111 04/01/05 03/31/08 2,542 557 557 Subtotal DFID 4.207 986 1,055 2.041 W The Kellogg Foundation Q, a Capaclty-of the Agrltech Centers to Serve Development Projects and Communltles by Exposing the Centers to the Leading Experience of CIAT Throught Organlzlng Slte Vlslts and a Workshop 08/17/04 01/31/05 96 56 8 64 Consultlng Agreement 07/01/05 10/31/05 78 47 47 El Fortaleclmlento lnstltuclonal de 10s CAIs: Una AHanza para el Co-Desarrollo Local 07/01/05 04/30/07 857 178 178 Evaluation Baseline of the Comprenhenslve Clusters In 3 Prioritles Ceographlcal Areas 03/22/04 03/31/05 171 132 40 172 Mejoramiento de la Cestldn de Conoclmlento para el Desarrollo Empresarial Particlpatlvo en Zonas Rurales 08/01/05 07/31/07 294 51 51 The Role of Youth Groups in Natural Resource Management Research: lrnprovlng Educatlon for Rural Development ,06/01/02 02/28/06 300 217 56 273 Subtotal Kellogg Foundation 1,796 405 380 785 The Nippon Foundation Irnprovlng Llvellhoods of Smallholder Upland Farmers In Lao PDR 02/01/04 12/31/05 686 160 208 368 Subtotal Nippon Foundation 686 160 208 368 The Ohio State University BloCassava Plus Program 07/01 /05 07/01 / 10 45 43 43 Metabolic Engineerlng of Cyanogen Metabollsm In Transgenic Cassava Generation of Safer more Marketable Cassava Food Products for Subslstence Farmers 04/01/05 03/31/06 48 33 33 Subtotal The Ohlo State University 93 76 76 Exhibi t I1 Centro Internacional de Agricultura Tropical (CIAT) Schedule 11 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/proJect Grant pedod Grant Expenditures MM/DD/YY MM/DD/YY pledged Pdor yeam 2005 Total The OPEC Fund for International Development lncreaslng Emclency of Legume Cover Crops Use In Selected Benchmark Sltes In Eastern Africa 07/01/03 06/30/05 70 55 13 68 Subtotal The Opec for International Development 70 55 13 68 The Rockefeller Foundation a A One-Month lntenslve Course In Cassava Breedlng for NARS Cassava Breeders from Uganda, Kenya, Tanzanla an Mozamblque 01/01/05 12/31/06 44 . 44 44 a An Exploratlon of Integrated Soil Fertllly Management for Banana . Productlon and Marketing In Kenya and Uganda. 10/01/03 03/31/06 174 81 91 172 Applylng Market-Assisted Selectlon and Farmer Particlpatory Methods to the Productlon of New Dlsease -and Insect- Resistant Cassava Varletles for Poor Farmers In Tanzanla 10/01/03 09/30/06 181 117 30 147 a Flowers, Fruits and Roots: ModIncation of Flowering to Improve Traits of Agricultural Importance 10/01/04 09/30/08 280 18 100 118 W a 4 Delivery of Transgenlc Rice Cultivars to Seed Producers and Farmers In Tropical Amerlca, Following a Multi-Step Approach Involvlng Blosafety 01/01/01 12/31/05 150 127 24 151 a Development and Use of Inbred Lines In Cassava Breedlng 01/01/04 12/31/06 1,009 139 266 405 a Enhancement of Cassava Productlvlty In Clat-Saharan Afrlca Through 07/01/05 06/30/08 55 7 7 a Exploring the Multiple Potentlals of Soybeans In Enhanclng Rural Llvellhoods and Small Industry In East Afrlca 07/01/04 06/30/05 179 70 142 212 a Extending the Lessons of Particlpatory Research from Afrlca and Latin Amerlca 11/01/02 10/31/05 327 28 1 45 326 a Graduate Level (M.Sc) Tarlnlng In Plant Breeding for NARs Sclentlsts from Mozambique 01/01/05 12/31/06 146 79 79 a Increaslng Food Securlty and Rural Incomes In Eastern, Central and Southern Africa through Cenetlc Improvement of Bush and Cltrnbhg Beans 04/01/05 03/31/08 288 28 28 a. Integrated Sol1 Fertlllty Management In the Tropics 01/01/05 12/31/07 900 417 417 Integrated Sol1 Productivity InltlaUve throught Research and Education (INSPIRB 06/01/03 05/31/05 251 . 168 64 232 a Quantitative and Molecular Cenetlc Analysls of Agronomlc Relevance In Cassava 04/01/02 03/31/05 60 59 59 a Quantltatlve and Molecular Cenetlc Analysls of Important Agronomlc Traits In Cassava 06/01/05 05/31/06 18 12 12 a Research to Expand the Productlon and Commerclallzatlon of Soybeans by Smallholders Farmers In East Afrlca 07/01/05 06/30/06 156 91 91 a Soybean Processlng and Utillzatlon for lmprovlng the Health and Nutrition of Rural Households In HIV/AIDS Affected Areas of Kenya 07/01/05 06/30/07 589 216 216 a Tropical Sol1 Biology and Fertility Instltute 03/01/04 02/28/05 400 448 1 449 a Valulng withln Farm Sol1 Fertility Cradlents to Enhance Agrlcultural Production and Envlronmental Service Functions In Smallholder Farms In East Africa 03/01/03 05/31/06 350 376 376 a TSBF to Publish Proceedlngs of the African Network for Sol1 Blology and Fertility lnternatlonal Symposlum Held In Yaound6, Cameroom, May 2004. 10/01/04 04/30/06 73 62 62 Exhlbit 11 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S..d ollars) Donor and program/project Grant period Grant Expend1t ures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total Workshop 'Program on Legume Research'to be Held In Kampala. Uganda August 2004 07/01/04 06/30/05 16 13 3 16 Subtotal Rockefeller Foundation 5,646 1.897 1.722 3,619 The United Nations Institute for Training and Research (UNITAR) Vulnerablllty and Adaptation Training and Tralners 09/27/04 07/30/05 40 10 30 40 Subtotal UNITAR 40 10 30 40 The World .Bank Development of the Prototype Weather Index for Brachlarla Seed Production In Thailand 08/15/05 09/19/05 16 16 16 ' CEFME-OPl 2-lntegrated Ecosystem 01/01/05 04/15/05 50 50 50 The ESRl User Conference 07/15/04 12/31/05 10 8 2 10 Subtotal World Bank 76 8 68 76 W 00 United Nations Environment Programme (UNEP) Conservatlon and Sustalnable Management of Below-Ground Blodlverslty 08/01/02 06/30/05 5.022 3.485 1.535 5.020 Subtotal UNEP 5,022 3.485 1,535 5,020 United States Department of Agriculture (USDA) Understandlng the Mechantsm of plant Resistance to Whiteflies 08/30/03 08/30/08 61 33 27 60 Subtotal USDA 61 33 27 60 University of Arkansas A Coordlnated Research, Education and Extenslon Prolect for the Appllcatlon of Genomic Dlscoveries to Improve Rlc;! In the Unlted States 09/01/04 08/08/06 17 5 5 Subtotal University Arkansas I7 5 5 University of California The lnteractlon Between Resource Quality and Aggregate Turnover Controls Ecosystem Nltrogen and Carbon Cydlng 04/01/04 03/31/06 68 35 30 65 Subtotal University Carolina 68 35 30 65 World Vlsion. Inc. Enhancing Food Securlty In Haiti: Grains. Roots and Forages for Sustainable Rural Llvellhoods 05/24/04 03/31/06 365 74 194 268 Subtotal World Vision 365 74 194 268 Yale University Rice Functlonal Cenomlcs Consortium 091 15/01 09/30/05 49 46 3 49 Subtotal Yale University 49 . 46 3 49 Exhibit 11 Centro Internacional de Agricultura Tropical (CIA") Schedule II of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project Grant pedod Grant Expenditures MM/DD/YY MM/DD/W pledged Prior years 2005 Total Others varlous projects 1,024 140 1.164 Subtotal Others - 1.024 140 1.164 Subtotal Temporary restricted 117.144 62,168 24,615 86,783 Intercenter Actlvltles Centro Internacional de Meioramiento de Ma12 v Triao ICIMMY~II- Cultlvos Blofortlncados (Sehlllas. Dlfusldn de Cukvarei) ~ 10/01/05 12/31/05 3 15 15 0 Identifying the Physlologlcal and Genetic Traits that Make Cassava One of the Most Drought Tolerant Crops 01/01/05 12/31/07 80 84 84 SOFECSA Characterlzatlon and Synthesis Actlvlties 07/15/04 02/28/05 30 30 (2) 28 W Subtotal CIMMYT 113 30 97 127 (0 Consultative Group on International Agricultural Research (CGIAR) Fosterlng a Learning-oriented Knowledge Management and Sharing Culture In the CCIAR 04/01/04 01/31/06 372 223 156 ' 379 Land Systems Analysls Tool for Troplcal Lowlands 06/01/04 05/31/05 32 13 18 31 Subtotal CGIAR 404 236 174 4 1 0 . International Centre for Research Agroforestry (ICRAF) Afrlcan Hlghland lnltlatlve (AHI) 09/01/98 12/31/05 477 440 85 525 Subtotal ICRAF 477 440 85 525 International Crops Research Intitute for the Seed Add Tropic (ICRISAT) Desert Margins Programme with CEF Local Areas on Bloloelcal Dlverslhsr wlth- Relevance Cllmaie Change and the Reduction of Land begradation In the Desert Margins Areas 06/01/02 05/31/08 209 153 76 229 Enhanclng Rainwater and Nutrient Use Emclency for Improved Crop Productivity, Farm Income and Rural Llvellhoods In the Volta Bash 08/19/04 08/18/07 22 1 11 114 125 Participatory Approaches to Research & Scaling Up 091 16/05 1013 1/ 05 15 15 15 Subtotal ICRISAT 445 164 205 369 International Livestock Research Institute (ILRI) Jump Startlng Smallholder Farmer Partlclpatlon In Publlc-Prlvate Partnership: Adapting Legume Forages for On-Farm Monogastrlc Production and the Feed Industry 10/11/05 06/30/06 48 Subtotal ILRI 48 Exhibit I1 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and progradproject Grant period Grant Expenditures MM/DD/YY MM/DD/YY pledged Prior years 2005 Total International Plant Cenetlc Resources lnstltute (IPGRl) lnstltutlonal Learnlng and Change QLAC) 07/05/04 04/30/05 15 10 6 16 Subtotal IPGRI 15 10 6 16 Subtotal Intercenter Activities 1.502 880 567 1,447 Total Temporary Restricted + Intercenter Act ivi t ies 118.646 63.048 25.182 88.230 Challenge programs Harvest Plus Bill & Mellda Gates Foundatton/The World Bank/DFID/ADB/USAID lmprovlng the Nutrltlonal Quallty of Cassava Roots to Improve the Llvellhoods of Mllllon of Farmers In Marginal Agrlculture Land 01/01/03 12/31/07 3.823 1.382 1.943 3,325 Subtotal 3.823 1,382 ' 1,943 3,325 International Food Policy Research Institute QFPRI) Challenge Program on Blofortlfled Crops for Improved Human Nutrltlon 01/01/04 12/31/05 233 128 105 233 l0b Subtotal IFPRI 233 128 105 233 Subtotal Harvest Plw 4.056 1,510 2.048 3.558 Water and Food International Food Policy Research Institute (IFPRI) Impact Assessment of Research In the CPWF A Bash Focal Project Impact Assessment Component 10/01/05 03/30/07 294 34 34 Subtotal IFPRI 294 34 34 International Water Management Institute (IWMI) Agreement Between ClAt and CPFW for Provlslon of Leader of Bash Focal Project Coordlnatlon 05/04/05 12/31/06 136 48 48 Companlon Modeling for Reslllent Water Management: Stakeholder's Perceptlons of Water Dynamics and Collectlve Learnlng a t the Catchment Scale) 09/01/05 08/30/08 1 1 1 Menagln Risk. Mltlgatlng Drought and Improvlng Water Productlvlty In the Water Scarce Llmpopo Bash 09/01/04 08/31/07 17 17 17 Payment for Envlronmental Servlces as a Mechanlsm for Promotlng Rural Development In the Upper Watersheds of the Tropics 01/15/05 01/14/08 483 131 131 Quesungual Slash and Mulch Agroforestry System (QSMAS): lmprovlng Crop Water Productlvlty. Food Securlty and Resource Quallty In the Sub-Humid Troplcs 09/01/04 08/31/07 755 13 181 194 Sustalntng Inclusive Collectlve Action that Llnks Across Economk and Ecologlcal Scales In Upper Watersheds (SCALES) 09/01/04 08/30/07 807 6 374 380 Theme Leader 2 -Multiple Use of Upper Catchments- Challenge Program 11/01/02 12/31/08 580 403 157 560 Subtotal IWMI 2,779 422 909 1,331 Exhiblt I1 Centro Internacional de Agricultura Tropical (CIA") Schedule I1 of Restricted Grant Revenue For the year ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Donor and program/project Grant period Grant Expenditures M. M~/DD/.Y~~ Y~ M~ M ~ /D~~ D/YY d.ede-ed Pdor years 2005 Total International Crops Research Intitute for the Seed Add Tropic QCRISAT) Increased Food Security and Income in the Llmpopo Basin t h r o u h Intenrated Crop, Water and Soil Fertility Options and Public-Private Partnerihlp - 01/01/05 12/31/09 35 31 31 Subtotal ICRISAT 35 31 31 Subtotal Water and Food 3.108 422 974 1,396 Generation Centro Internacional de Mejoramiento de Mafz y Tdgo (CIMMYT) CB5 Development of Reference Molecular Marker Kits to Analyse Diversity of Germpiasm for the Year 1 GCP Crops 06/01/05 12/31/05 13 13 13 Challenge Program Unlocking Genetic Diversity In Crops for the Resource Poor 09/01/03 05/31/05 778 673 103 . 776 Development of Low-Cost Technologies for Pyramiding Useful Genes from Wild Relatives of Cassava into Elite Progenitors 01/01/05 12/31/07 895 303 303 lca. Exploring Natural Genetic Variation: Developing Genomic Resources and Introgression Lines for Four AA Genome Rice Relatives 01/01/05 12/31/08 1,075 157 157 2005 Commissioned Research - GPC Consortium Members 01/01/05 12/31/06 330 330 330 Subtotal CIMMYT 3.091 673 906 1,579 International Rice Research Institute (IRRI) Evaluation and Deployment of Transgenic Drought-Tolerant Varieties 09/01/05 12/31/06 37 . 4 4 Generation Challenge Program, Subprogram 1 Cluster 2 Activities: Marker Analysis 05/07/04 04/30/05 20 9 10 19 Subtotal lRRI 57 9 14 23 Subtotal Generation 3.148 682 820 1.602 Sub-Saharan Africa Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA)/FARA 9 Sub-Saharan Africa Challenge Program 10/01/05 06/30/06 100 111 111 Subtotal Sub-Saharan 100 111 111 Subtotal Challenge programs 10.412 2,614 4.053 6,667 Total Restricted Grants 129,057 65.662 29,235 94.897 Exhibit I11 Centro Internacional de Agricultura Tropical (CIA") Schedule of Direct and Indirect Cost Rates For the years ended as of December 31, 2005 and 2004 (expressed in thousands of U.S. dollars) Expenditures 2005 2004 Direct C o s t . Research projects 3 1,933 27,099 Research support activities 1,594 1,705 Research management 989 859 ' Depreciation 174 446 , Total 35,290 , 30,109 Indirect Costs Management and administration 3.582 3.334 Internal services 2,362 1,966 Depreciation 1,124 1,032 Total 7,068 6.332 Total Costs . 42.358 36,441 Direct / total costs 83.3% 82.6% Indirect / total costs 16.7% 17.4% Indirect / direct costs 20.0% 2 1. O% 42 Exhibit IV Centro Internacional de Agricultura Tropical (CIAT) Schedule of European Community Funding Fr the years ended as of December 31, 2005 (expressed in thousands of U.S. dollars) Region/Projec ts Grant Grant Pledge Expenditures Funds period for 2005 2005 Receivable 3 1- 12-05’ Latin America and In 000’s In 000’s In 000’s In 000 ’s the Caribbean Euros US Dollars US Dollars U S Dollars SB2 Project: Conservation and Use of Tropical Genetic Jan 1 - Dec 31. Resources 2005 798 964 964 964 IP4 Project: Improved Jan 1 - Dec 31. Rice for Latin America 2005 325 392 392 392 Total for Latin America and the Caribbean Region: 1,123 1,356 1,356 1,356 Asia IP3 Project: Improved Cassava for the Developing Jan 1 - Dec 3 1, World 2005 334 403 403 403 Total 2005’ European Union Funding 1,457 1,759 1,759 1,759 1. CIAT received the 2005 EU’s funds in February 2006 43 Exhibit V-1 Centro Internacional de Agricultura Tropical (CIAT) Supplemental Schedule 1 Harvest Plus Challenge Program For the years ended as of December 31, 2005, 2004 and 2003 (expressed in thousands of U.S. dollars) Cash Receipts 2003 2004 2005 Total Donors The World Bank 1.500 1,250 1, OOo 3,750 Bill & Melinda Gates Foundation 3,500 5.250 8,750 DFID 238 238 ADB 117 117 USAID 1.200 1.200 Total receipts 5,000 1,250 7.805 14,055 Cash Disbursements CIAT 207 655 812 1,674' CIMMYT 133 512 582 1,227 CIP 78 398 445 92 1 ICARDA 40 84 85 209 ICRISAT 80 216 296 592 IITA 53 498 434 985 IRRI 60 378 324 762 University of Freiburg 298 302 600 EMBRAPA 82 196 278 MSU - Michigan State University 342 121 463 USDAIARS 308 198 506 WARDA - The Africa Rice Center 30 30 IPGRIANIBAP 40 40 Total disbursements For research 65 1 3,771 3,865 8,287 Disbursements for CIAT Programs and Management 339 473 1,191 2,003 Less: Interest Income (30) (40) (70) Net Disbursements For CIAT Programs and Management 339 443 1,151 1.933 Total Disbursements 990 4,214 5,016 10,220 Undisbursed Funds held by CIAT 4,010 (2,964) 2,789 3,835 Summary Cash Receipts 5,000 1,250 7,805 14,055 Cash Disbursements 990 4,214 5,016 10,220 Undisbursed Funds 4,010 (2,964) 2,789 3,835 Of which: Funds to Partners 2,932 (2,222) 1,160 1,870 Funds to CIAT Program 1,078 (742) (121) 215 Gates Funds: End User Project funds not allocated 1,750 1,750 Total 4,010 (2,964) 2,789 3,835 1. Spent US$ 1.391, the balance of $283 is included as a liability. 44 Exhibit V-2 Supplemental Schedule 2 Harvest Plus Challenge Program (in thousands) Schedule 2 sets out the transactions for the Harvest Plus Challenge Program recorded in the accounting records of IFPRI and CIAT from October 2002. date of program inception through December 3 1,2005. 2005 CUMULATIVE. (unaudited) (unaudited) Cash Receipts Total' IFPRI. CIAT Total. IFPRI' CIAT Asian Development Bank $ 234 S 234 t $ 234 $ 234 J Austria 54 54 Bill & Melinda Gates Foundation 8.750 7.000 1 ,750 15,750 14.000 1.750 Denmark 348 348 1,236 1,236 International Life Sciences lnstitute 200 200 200 ' 200 Sweden 189 189 298 298 United Kingdom 1,358 1,358 1,809 1,809 United States 2.400 ' 1,500 900 2,400 1,500 900 World Bank 2.000 2,000 7.500 7.500 Interest Income 224 184 40 314 244 70 Foreign Exchange Loss (61 ) (61 ) (36) (36) Total receipts before transfers 15,642 12.952 2.690 29,759 27.039 2.720 Transfers (5,155) 5,155 (11.405) 11.405 Total receipts S 15,642 $ 7,797 $ 7,845 S 29,759 $ 15.634 $14.125 Cash Disbursements Chinese Academy of Agricultural Sciences $ 28 $ 28 $ - $ 28 S 28 S Chinese Academi Sciences 10 10 10 10 China Agricultural University 20 20 20 20 CIAT 872 60 812 1.878 204 1,674' CIMMYT 654 72 582 1.407 180 1,227 CIP 509 64 445 1,038 118 920 Danish Institute of Agricultural Science 409 40 9 540 540 EMBRAPA 196 196 278 278 ICARDA 85 85 209 209 ICRISAT 304 7 297 600 7 593 IFPRI 1.631 1,631 2.294 2,294 IITA 540 106 434 1,153 169 984 Institute of Crop Sciences 74 74 74 74 IPGRIANIBAP 40 40 40 40 IRRl 509 185 324 1,019 257 762 Michigan State University 374 253 121 786 323 463 Ohio State University Research 40 40 40 40 Research Institute for Mindanao Culture 20 20 40 40 Royal Veterinary and Agricultural University 16 16 41 41 University of Adelaide 424 424 908 908 University of Freiburg 302 302 599 599 University of Natural Resources and AppUed Life Science 37 37 USDA 230 32 198 1,108 602 506 WARDA-Africa Rice Center 30. 30 30 30 WORLD VISlON 125 125 125 125 Zhejiang University, China 30 30 30 30 Other 55 55 108 108 Total disbursements for Research 7,527 3,661 3.866 14,440 6.155 8.285 Disbursements for Program Management 1,658 681 977 4.422 2.746 1.676 Administration Fee 295 81 214 478 150 328 Total Disbursements 9.480 4.423 5.057 19.340 9.051 10.289 Undisbursed funds held by IFPRIICIAT N 0 T A P P L 1 C A B L E $ 10,419 $ 6,583 0 3.836 1. Spent by CIAT US$1.39 1, the balance of $283 is included a s a liability. The financial statements of IFPRI are not audited by Deloitte & Touche, therefore are indicated a s unaudited. 45