MANAGEMENT'S DISCUSSION AND ANALYSIS AND FINANCIAL STATEMENTS Last year the IDB Group approved a record $9.6 billion in new financing operations. Disbursements for projects in execution reached $7.6 billion, the highest figure in four years.

MANAGEMENT'S DISCUSSION AND ANALYSIS* • Management's Discussion and Analysis: Ordinary Capital FINANCIAL STATEMENTS* ORDINARY CAPITAL* • Balance Sheet • Statement of Income and Retained Earnings • Statement of Comprehensive Income • Statement of Cash Flows • Notes to financial statements, and appendices FUND FOR ESPECIAL OPERATIONS* • Balance Sheet • Statement of Income (Loss) and General Reserve (Deficit) • Statement of Comprehensive Income (Loss) • Statement of Cash Flows • Notes to financial statements, and appendices INTERMEDIATE FINANCING FACILITY ACCOUNT* • Balance Sheet • Statement of Changes in Fund Balance • Statement of Cash Flows • Notes to financial statements, and appendix IDB GRANT FACILITY* • Balance Sheet • Statement of Changes in Fund Balance • Statement of Cash Flows • Notes to financial statements * All in PDF format

© 2009 Inter-American Development Bank. All rights reserved. Terms and Conditions