Financial highlights for 2007 IN THIS REPORT

STATEMENT OF FINANCIAL POSITION as at 31st December 2007 and 2006 (in US Dollars '000)   2007 2006 ASSETS      Current Assets             Cash and cash equivalent 18,851 13,268        Accounts receivables              Donor 7,487 6,884            Employees 74 94           Other CGIAR Centers 576 875           Other 2,251 2,228       Inventories - net 91 88       Prepaid expenses 35 33       Total current assets 29,365 23,469 Non-Current Assets            Property, Plant and Equipment - net 5,444 5,993 Total Non-current assets 5,444 5,444 TOTAL ASSETS 34,809 29,462 LIABILITIES AND NET ASSETS     Current Liabilities           Accounts payable             Donor 8,943 6,588         Employees 967 1,143         Other CGIAR Centers 177 140         Other   1,304 1,795       Accruals 3,669 2,424 Total current liabilities 15,060 12,090 Non-Current Liabilities           Accounts payable              Employees 4,020 4,369 Total Non-current liabilities 4,020 4,369 TOTAL LIABILITIES 19,080 16,459 NET ASSETS     Unrestricted     Designated 9,168 9,168 Undesignated 6,561 3,835   15,729 13,003 TOTAL LIABILITIES AND NET ASSETS 34,809 29,462       STATEMENT OF ACTIVITIES for the year ended 31st December 2007 and 2006 (In US Dollars ’000) 2007 2006               2007 2006   Unrestricted Restricted       Temporarily Challenge Programs Total Total Grant Revenue 9,454 22,046 46 31,546 30,284 Other revenue & gains 1,571 - - 1,571 1,190 Total revenue and gains 11,025 22,046 46 33,117 31,474             Expenses and loses           Program related expenses 6,373 20,423 46 26,842 28,853 Management and general expenses 4,196 48 4,244 4,716 CGIAR Gender and Diversity program   1,575   1,575 1,071 Sub Total expenses and losses 10,569 22,046 46 32,661 34,640 Overhead cost recovery (2,270)     (2,270) (2,313) Total expenses and losses 8,299 22,046 46 30,391 32,327 Net Surplus / (Deficit) 2,726     2,726 (853)             F Prev Next L

MESSAGE From the chair Of the Board of Trustees and Director General RESEARCH HIGHLIGHTS From the forest to the farm Making the most of forest carbon Rewarding good behavior Can science save Africa's soil? Making carbon markets work for Kenya's rural poor Farming trees, banishing hunger Rewarding excellence in India An innovative approach to promoting agroforestry in Guinea Pseudo-adoption: new insight into an old but neglected problem HOW WE WORK Encouraging students to think scientifically A renaissance in forestry education? The seven billion tree campaign Our new strategy

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