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WBG Finances One - Financial Statements

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class="container"><div class="slick-slider nav nav-wbg tab-inline tab-inline-wrp border-0 slick-initialized" dir="ltr"><button type="button" data-role="none" class="slick-arrow slick-prev slick-disabled" style="display:block"> <!-- -->Previous</button><div class="slick-list"><div class="slick-track" style="width:0px;left:0px"><div style="outline:none" data-index="0" class="slick-slide slick-active slick-current" tabindex="-1" aria-hidden="false"><div><div tabindex="-1" style="width:100%;display:inline-block"><a class="nav-link no-link active" href="/summaryinfo/overview">Overview</a></div></div></div><div style="outline:none" data-index="1" class="slick-slide" tabindex="-1" aria-hidden="true"><div><div tabindex="-1" style="width:100%;display:inline-block"><a class="nav-link no-link " href="/summaryinfo/ibrd">IBRD</a></div></div></div><div style="outline:none" data-index="2" class="slick-slide" tabindex="-1" aria-hidden="true"><div><div tabindex="-1" style="width:100%;display:inline-block"><a class="nav-link no-link " href="/summaryinfo/ida">IDA</a></div></div></div><div style="outline:none" data-index="3" class="slick-slide" tabindex="-1" aria-hidden="true"><div><div tabindex="-1" style="width:100%;display:inline-block"><a class="nav-link no-link " href="/summaryinfo/ifc">IFC</a></div></div></div><div style="outline:none" data-index="4" class="slick-slide" tabindex="-1" aria-hidden="true"><div><div tabindex="-1" style="width:100%;display:inline-block"><a class="nav-link no-link " href="/summaryinfo/miga">MIGA</a></div></div></div></div></div><button type="button" data-role="none" class="slick-arrow slick-next" style="display:block"> <!-- -->Next</button></div></div></div></div><div class="container"><div class="row padd-t-40 pb-4"><div class="col"><h2 class="page-title mb-0">Overview</h2></div><div class="col text-right"></div></div><div class="row row-20 mt-1"><div class="col-lg-6 col-md-6 col-sm-12"><div class="qa-results-card bg-white p-4"><a href="/summaryinfo/ibrd"><div class="qa-title mb-3">IBRD</div><p>The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. IBRD is the original World Bank institution. It works closely with the rest of the World Bank Group to help developing countries reduce poverty, promote economic growth, and build prosperity.</p></a><div class="qa-lists"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/3aa1fddca746b37d552230275cc3a2a6-0040012024/original/IBRD-Financial-Statements-September-2024.pdf">FY<!-- -->25<!-- --> <!-- -->Q1<!-- --> Financial Statements</a><a target="_blank" href="https://thedocs.worldbank.org/en/doc/c6882aa6d72e1da75e557f2df71bd2e9-0040012024/original/IBRD-Financial-Statements-June-2024.pdf ">FY<!-- -->24<!-- --> <!-- -->Q4<!-- --> Financial Statements</a></div></div></div><div class="col-lg-6 col-md-6 col-sm-12"><div class="qa-results-card bg-white p-4"><a href="/summaryinfo/ida"><div class="qa-title mb-3">IDA</div><p>The International Development Association (IDA) provides interest-free loans — called credits — and grants to governments of the poorest countries. IDA complements the World Bank’s original lending arm—the International Bank for Reconstruction and Development (IBRD). IBRD and IDA share the same staff and headquarters and evaluate projects with the same rigorous standards.</p></a><div class="qa-lists"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/b317432967a0a7088220abc76d02d7f1-0040012024/original/IDA-Financial-Statements-September-2024.pdf">FY<!-- -->25<!-- --> <!-- -->Q1<!-- --> Financial Statements</a><a target="_blank" href="https://thedocs.worldbank.org/en/doc/306d5e3f952ffc4cefb5dcdcceb0bb31-0040012024/original/IDA-Financial-Statements-June-2024.pdf ">FY<!-- -->24<!-- --> <!-- -->Q4<!-- --> Financial Statements</a></div></div></div><div class="col-lg-6 col-md-6 col-sm-12"><div class="qa-results-card bg-white p-4"><a href="/summaryinfo/ifc"><div class="qa-title mb-3">IFC</div><p>The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.</p></a><div class="qa-lists"><a target="_blank" href="https://www.ifc.org/content/dam/ifc/doc/2024/fy25-q1-mda-and-financial-statements.pdf">FY<!-- -->25<!-- --> <!-- -->Q1<!-- --> Financial Statements</a><a target="_blank" href="https://www.ifc.org/content/dam/ifc/doc/2024/IFC-FY24-Annual-MDA-and-FS.pdf ">FY<!-- -->24<!-- --> <!-- -->Q4<!-- --> Financial Statements</a></div></div></div><div class="col-lg-6 col-md-6 col-sm-12"><div class="qa-results-card bg-white p-4"><a href="/summaryinfo/miga"><div class="qa-title mb-3">MIGA</div><p>The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people’s lives. MIGA fulfils this mandate by offering political risk insurance and credit enhancement products to investors and lenders.</p></a><div class="qa-lists"><a target="_blank" href="https://www.miga.org/sites/default/files/2024-11/MIGA%20Condensed%20Quarterly%20Financial%20Statements%20September%2030%202024.pdf">FY<!-- -->25<!-- --> <!-- -->Q1<!-- --> Financial Statements</a><a target="_blank" href="https://www.miga.org/sites/default/files/2024-08/MIGA%20MD%20%26A%20and%20Financial%20Statement%20June%2030%202024.pdf ">FY<!-- -->24<!-- --> <!-- -->Q4<!-- --> Financial Statements</a></div></div></div></div><div class="finance-blue-card p-4 mb-4"><div class="row"><div class="col-xl-9 col-lg-9 col-md-8 col-sm-12"><div class="text-white fone-desc">Our goal is to make raw data publicly available in open data format as soon as it is approved for public release through other channels. Please check the Financial Statements.</div></div><div class="col-xl-3 col-lg-3 col-md-4 col-sm-12 text-right "><button type="button" class="btn btn-wrp-secondary btn btn-primary">Financial Statements</button></div></div></div><div class="row"><div class="col-xl-9 col-lg-12 col-md-12 col-sm-12 mb-5"><div class="mb-5 padd-t-40"><h3 class="qa-title mb-3">Trust Funds</h3><div class="fund-desc mb-3">Annually, management asserts on the effectiveness of internal controls over financial reporting, which is integrated with the audit of the combined financial statements of all modified cash basis trust funds administered by the World Bank Group (collectively referred to as the &quot;Single Audit&quot;).</div><div class="fund-desc-list"><div class="fund-desc mt-3"><a target="_blank" href=" https://thedocs.worldbank.org/en/doc/ec485eaacf4cd30b2ef3c706a63a7af7-0040012024/original/FY24-CFS-with-Audit-Reports.pdf">Year-end Single Audit Report for June 2024</a></div><div class="fund-desc mt-3"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/49d536581260271a62c8b27b3a50021f-0040012023/original/FY23-CFS-Annex-with-Signed-Audit-Reports.pdf">Year-end Single Audit Report for June 2023</a></div><div class="fund-desc mt-3"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/e1e8758f6a9978050da20fa073764a33-0040012022/original/FY22-SingleAudit.pdf">Year-end Single Audit Report for June 2022</a></div><div class="fund-desc mt-3"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/e4c5bfbba8a9eb525bc78b4efc836c27-0040012021/original/FY21SingleAudit.pdf">Year-end Single Audit Report for June 2021</a></div><div class="fund-desc mt-3"><a target="_blank" href="http://pubdocs.worldbank.org/en/554071599063148993/FY20SingleAudit.pdf">Year-end Single Audit Report for June 2020</a></div><div class="mt-3"><span class="fund-desc">View previous years: </span><a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/154151586363777223/FY19SingleAudit.pdf"> 2019</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/954351586363840244/FY18SingleAudit.pdf"> 2018</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/569881586363896832/FY17SingleAudit.pdf"> 2017</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/916691586363966220/FY16SingleAudit.pdf"> 2016</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/484001586364022500/FY15SingleAudit.pdf"> 2015</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/191191586364184882/FY14SingleAudit.pdf"> 2014</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/916311586364371419/FY13SingleAudit.pdf"> 2013</a>,<a class="fund-desc" target="_blank" href="http://pubdocs.worldbank.org/en/771951586364492077/FY12SingleAudit.pdf"> 2012</a></div></div></div><div class="mb-5 padd-t-40" id="sustainability"><h3 class="qa-title mb-3">Sustainability Reporting</h3><div class="fund-desc mb-3">The Bank is following the evolution of sustainability reporting to respond to the increasing demand from investors and other stakeholders for more transparency about climate and broader sustainability-related risks and opportunities.</div><div class="row mt-4"><div class="col"><div class="climate-text mb-3">Climate-Related Financial Disclosures 2024</div><div class="fund-desc-list flex-direction-column"><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/5178a3bf998d8ee94b74ea5c426c6975-0040012024/original/WB-AR-2024-Financial-Disclosures.pdf">World Bank</a></span></div><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://www.ifc.org/content/dam/ifc/doc/2024/ifc-annual-report-2024-climate-related-financial-disclosures.pdf">IFC</a></span></div><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://www.miga.org/sites/default/files/2024-10/MIGA_Sustainability_Report2024_R8_4 October FINAL.pdf#page=46">MIGA</a></span></div></div></div><div class="col"><div class="climate-text mb-3">Climate-Related Financial Disclosures 2023</div><div class="fund-desc-list flex-direction-column"><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://thedocs.worldbank.org/en/doc/b346f5862c0b8624becc551a8de1d438-0090012023/original/FY23-World-Bank-Climate-Related-Financial-Disclosures.pdf">World Bank</a></span></div><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://www.ifc.org/content/dam/ifc/doc/2023/ifc-annual-report-2023-reporting-under-the-tcfd.pdf">IFC</a></span></div><div class="fund-desc mt-1"><span class="d-block mb-3"><a target="_blank" href="https://www.miga.org/sites/default/files/2023-11/MIGA_Sustainability_Report2023.pdf#page=52">MIGA</a></span></div></div></div></div></div><div class="qa-title mb-3 padd-t-40 d-block">Public Financial Disclosure:</div><p class="fund-desc">The World Bank Group has a financial disclosure program to ensure that any conflicts of interest can be identified and managed in the best interests of the Bank Group.</p><p class="fund-desc">The World Bank Group has a declaration of interests program to ensure that any actual, potential, or apparent conflicts of interest arising from staff members’ financial interests, business relationships, other private affiliations or outside activities, or those of their immediate family members, can be identified and managed in the best interests of the Bank Group. Staff members are required to complete and submit a confidential declaration of interests on an annual basis. The Bank Group’s Office of Ethics and Business Conduct administers the program in accordance with Principle 3 under the Principles of Staff Employment and Staff Rule 3.03, Financial Interest and Disclosure.</p><p class="fund-desc">In the spirit and interest of good organizational governance and transparency, the declaration of interests program for the Bank Group’s Senior Management Team and Vice Presidents includes public disclosure of certain types of financial and other interests. Public disclosure of this information helps demonstrate to the Bank Group’s stakeholders that, in the discharge of their official duties and responsibilities, the Bank Group’s senior leaders are not, and do not appear to be, influenced by any consideration associated with their own private interests. 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