The Financial Report 2016 includes the approved and audited financial statements required to be submitted under Article 27 of the Agreement Establishing the European Bank for Reconstruction and Development and Section 13 of its By-Laws.
The EBRD is investing in changing people’s lives and environments from central Europe to Central Asia, the Western Balkans and the southern and eastern Mediterranean region. With an emphasis on working with the private sector, we invest in projects, engage in policy dialogue and provide technical advice that fosters innovation and builds modern economies that are competitive, well-governed, green, inclusive, resilient and integrated.
Realised profit before impairment
Net profit/(loss) before transfers of net income approved by the Board of Governors
Transfers of net income approved by the Board of Governors
Net (loss)/profit after transfers of net income approved by the Board of Governors
Reserves and retained earnings
Total members’ equity
EBRD annual Bank investment 2012-161
Realised profit for the year before impairment 2012-162
Number of projects3
Annual Bank investment (€ million)
Annual mobilised investment (€ million)4
of which Private Direct Mobilisation
Total project value5 (€ million)
1 Volume of commitments made by the Bank during the year. This includes (i) new commitments (less any amount cancelled or syndicated within the year); (ii) restructured commitments; and (iii) trade finance (TFP)
amounts issued during the year and outstanding at year-end.
2 Realised profit before impairment is before unrealised fair value adjustments to share investments, provisions, loan write-offs, other unrealised amounts and transfers of net income..
3 The number of projects to which the Bank made commitments in the year.
4 The annual mobilised investment measure was first introduced in 2014. Figures for prior years comprise syndicated loans and EBRD-administered Special Fund amounts only. Annual mobilised investment is the
volume of commitments from entities other than the Bank made available to the client due to the Bank’s direct involvement in mobilising external financing during the year.
5 Total project value is the total amount of finance provided to a project, including both EBRD and non-EBRD finance, and is reported in the year in which the project first signs. EBRD financing may be committed over more
than one year with “Annual Bank Investment” reflecting EBRD finance by year of commitment. The amount of finance to be provided by non-EBRD parties is reported in the year the project first signs.
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