IFC's operating income rose to a record $1.95 billion in FY05, from $982 million in FY04. The strong growth reflected significant realized gains on sales of investments, robust dividend income from the equity portfolio, greater loan portfolio income, and the positive impact of a release of loss reserves.
At June 30, 2005, IFC's committed portfolio was $19.3 billion, an increase of 7.6 percent over the previous fiscal year. IFC also held and managed for participants $5.3 billion in syndicated loans. The committed portfolio included 1,314 companies in 119 countries.