World Bank2012-06-082012-06-0820050-8213-6421-9https://hdl.handle.net/10986/7530This World Bank Annual Report highlights the focus of the Bank activities in addressing worldwide poverty, describing the Bank work in promoting sustainable, economic growth, and in channeling needed services to poor people. Also detailed is the Bank's work toward achieving the Millennium Development Goals (MDGs); its institutional and global efforts toward effective development; and, its outreach to clients through Public Information Centers, and on the Web. Regional Perspectives are reviewed, through a breakdown of the Bank's lending and activities across the developing world, featuring highlights of projects in borrowing countries within each of the Bank's six regions. The Summary of Fiscal Year Activities provides a description of the Bank's development knowledge-sharing over the fiscal year 2005; a discussion of the Bank's approach to lending in low income, and middle-income countries; the Bank's resources; and a summary of the Bank's lending by region, theme, and sector, such as environmental programs and infrastructure projects. This section also describes the Bank's partnerships with public, private, and civil society stakeholders. The fiscal 2005 financial statements, organizational information, income by region, new operations approved in fiscal 2005, and various lending data are included on a CD inserted inside the back cover of this report.en-USCC BY 3.0 IGOACCOUNTINGADJUSTMENTASSETSASSURANCEBALANCE SHEETSBORROWERBORROWINGBORROWING COSTSBORROWINGSCAPACITY BUILDINGCENTRAL BANKSCOMMITMENTCOMMITMENT CHARGECOMMITMENT CHARGESCOMMITMENTSCORPORATE FINANCECOUNSELCURRENCY POOL LOANSDEBTDEPOSITSDERIVATIVESDEVELOPMENT ASSISTANCEDEVELOPMENT POLICYDISBURSEMENTDISBURSEMENTSDISCOUNT RATESECOECONOMIC COOPERATIONEQUITY CAPITALEXCHANGE RATESEXPENDITURESFINANCIAL ACCOUNTINGFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL MARKETSFIXED INCOMEFOREIGN EXCHANGEFORWARD CONTRACTSFUNDING SOURCESFUTURESGUARANTORINTEREST RATEINTEREST RATE CAPSINTEREST RATE SWAPSINTEREST RATESINTERNATIONAL CAPITAL MARKETSINTERNATIONAL DEVELOPMENTINVESTMENT ACTIVITIESINVESTMENT MANAGEMENTINVESTMENT MANAGEMENT SERVICESINVESTMENT PORTFOLIOINVESTMENT SECURITIESLENDING OPERATIONSLENDING RATELENDING RATESLIQUIDITYLOANLOAN AGREEMENTLOAN COMMITMENTLOAN COMMITMENTSLOAN DISBURSEMENTSLOAN INCOMELOAN LOSSESLOAN REPAYMENTSLOCAL CURRENCY LENDINGMAINTENANCE OF VALUEMARKET RISKMATURITYOFFERINGSPAID IN CAPITALPORTFOLIOPORTFOLIO MANAGEMENTPORTFOLIO RETURNSPORTFOLIOSRETAINED EARNINGSRISK MANAGEMENTRISK MANAGEMENT POLICIESRISK MITIGATIONSHAREHOLDERSSINGLE CURRENCY LOANSINGLE CURRENCY LOANSSPECIAL RESERVESTATEMENTSTATEMENTSSUBSCRIPTIONSUBSCRIPTIONSSWAPSTALTECHNICAL ASSISTANCETERMS OF LOANSVALUATIONWORKING CAPITALADMINISTRATIVE BUDGETSAUDITED FINANCIAL STATEMENTSEXECUTIVE DIRECTORSFINANCIAL STATEMENTSINTERNATIONAL BANK FOR RECONSTRUCTIONINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINVESTMENT DISPUTESMULTILATERAL INVESTMENT GUARANTEE AGENCYSETTLEMENT OF INVESTMENT DISPUTESSTATEMENTSWorld Bank10.1596/0-8213-6421-9