IFC Financial Highlights
In FY19, IFC invested $19.1 billion, including $10.2 billion mobilized from other investors.
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IFC Operational Highlights
Dollars in millions, for the years ended June 30Long-Term Investment Commitments
FOR IFC’S OWN ACCOUNT
Number of projects
Number of countries
MOBILIZATION1
Syndicated loans
IFC initiatives & other
Asset Management Company (AMC) Funds
Public-Private Partnership (PPP)2
TOTAL INVESTMENT COMMITMENTS
Investment Disbursements
For IFC’s account
Syndicated loans
TOTAL INVESTMENT DISBURSEMENTS
Portfolio Exposure3
Number of firms
For IFC's account
Syndicated loans
TOTAL PORTFOLIO EXPOSURE
Short-Term Finance
Average outstanding balance
Advisory Services
Advisory Services program expenditures
Share of program in IDA countries4
- Defined as “core mobilization” — financing from entities other than IFC that becomes available to client due to IFC’s direct involvement in raising resources. Excludes $607 million of unfunded risk transfers that are accounted for under IFC’s own account.
- Third-party financing made available for public-private partnership projects due to IFC’s mandated lead advisor role to national, local, or other government entities.
- Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments. Effective July 1, 2018, to accommodate change in accounting standards impacting how IFC reports its equity holdings, IFC has introduced the new term “Portfolio Exposure,” which, instead of disbursed and outstanding balance, uses the fair market value of IFC’s equity investments. Therefore, FY19 Portfolio Exposure for IFC’s account and prior years are not directly comparable.
- All references in this report to percentages of advisory program expenditures in IDA countries and fragile and conflict-affected areas exclude global projects.
Financial Highlights
Dollars in millions, as of and for the years ended June 30*Net income (loss) attributable to IFC
Grants to IDA
Income before grants to IDA
Total assets
Loans, equity investments, and debt securities, net
Estimated fair value of equity investments
Key Ratios
Return on average assets (GAAP basis)
Return on average capital (GAAP basis)
Cash and liquid investments as a percentage of next three years’ estimated net cash requirements
Debt-to-equity ratio
Total resources required ($ billions)
Total resources available ($ billions)
Total reserve against losses on loans to total disbursed loan portfolio
*Financial results in 2019 are not directly comparable to the prior periods due to the adoption of a new accounting standard. A full explanation of the change and its implications is available in Management’s Discussion and Analysis and Consolidated Financial Statements. The document can be found at http://www.ifc.org/FinancialReporting.
For more information, see the Financial Performance Summary on page 108 of the IFC 2019 Annual Report PDF.
