Financial Results

IFC

The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.

As of	June 30,2026	June 30,2025	June 30,2024	June 30,2023	June 30,2022
Assets
Cash, Deposits, Trading and other Liquid Asset Securities	49,320	51,419	40,314	47,478	46,350
Investments:
Loans, Net of Reserves against Losses	48,234	42,229	36,437	31,414	26,223
Equity Investments	13,485	11,777	11,121	10,778	11,137
Debt Securities	14,096	13,514	11,189	9,310	6,733
Total Investments	75,815	67,520	58,747	51,502	44,093
Other Assets, including Derivative Assets	12,383	10,801	9,126	11,567	8,567
Total Assets	137,518	129,740	108,187	110,547	99,010
Liabilities
Borrowings Outstanding	76,383	71,450	55,755	52,443	48,269
Other liabilities, including Derivative Liabilities	17,827	17,362	14,960	23,066	17,936
Total Liabilities	94,210	88,812	70,715	75,509	66,205
Capital
Paid-in Capital	24,296	24,009	23,220	22,596	21,749
Undesignated Retained Earnings	16,836	14,952	13,133	11,589	10,840
Designated Retained Earnings	504	350	162	221	298
Accumulated Other Comprehensive Income (Loss)	1,672	1,617	957	632	(82)
Total Capital	43,308	40,928	37,472	35,038	32,805
Total Liabilities and Capital	137,518	129,740	108,187	110,547	99,010

Expressed in millions of U.S. dollars.

For the period/fiscal year ended	June 30,2026	June 30,2025	June 30,2024	June 30,2023	June 30,2022
Income from loans and guarantees, including realized gains and losses on loans and associated derivatives	3,269	3,373	3,204	2,290	1,156
(Provision) release of provision for losses on loans, off-balance sheet credit exposures and other receivables	(308)	(56)	(9)	(22)	(126)
Income (loss) from equity investments, including realized and unrealized gains and losses on equity and associated derivatives	1,156	517	142	191	208
Income (loss) from debt securities, including realized gains and losses on debt securities and associated derivatives	819	819	811	518	414
(Provision) release of provision for losses on available-for-sale debt securities	10	6	(12)	(7)	(14)
Income (loss) from liquid asset trading activities	1,965	2,298	2,391	1,464	(413)
Charges on borrowings	(3,579)	(3,596)	(3,815)	(2,598)	(302)
Administrative expenses	(1,691)	(1,679)	(1,516)	(1,430)	(1,441)
Other income and expenses, net	414	367	347	297	261
Foreign currency transaction gains (losses) on non-trading activities	(60)	(43)	(115)	(86)	76
Upstream and Advisory services income	251	259	268	247	233
Upstream and Advisory services expenses	(378)	(373)	(339)	(317)	(287)
Income (loss) before net unrealized gains and losses on financial instruments	1,868	1,892	1,357	547	(235)
Net unrealized (losses) gains on loans, debt securities, borrowings and related derivatives	170	115	128	125	(229)
Net income (loss)	2,038	2,007	1,485	672	(464)

Expressed in millions of U.S. dollars.

For the period/fiscal year ended	June 30,2026	June 30,2025	June 30,2024	June 30,2023	June 30,2022
Net income (loss)	2,038	2,007	1,485	672	(464)
Net unrealized gains (losses) on borrowings	(372)	(268)	74	(50)	240
Net unrecognized net actuarial gains (losses) and unrecognized prior service credits (cost) on benefit plans	405	860	130	702	1,074
Net unrealized gains (losses) on debt securities	22	68	121	62	(278)
Total comprehensive income (loss)	2,093	2,667	1,810	1,386	572

Expressed in millions of U.S. dollars.

Expressed in millions of U.S. dollars

	FY26	FY25
Total Own Account Commitments	31,977	28,284
Total Private Capital Mobilization	73,583	45,074

Expressed in millions of U.S. dollars.

Expressed in millions of U.S. dollars

	FY26	FY25
Disbursements	24,023	23,026

Expressed in millions of U.S. dollars.

Expressed in millions of U.S. dollars

	Non-Performing Loans
FY26	1.4%
FY25	1.5%
FY24	1.8%
FY23	2.7%
FY22	3.9%
FY21	4.4%
FY20	5.5%
FY19	4.3%

As of	June 30,2026	June 30,2025	June 30,2024	June 30,2023	June 30,2022
Capital Utilization Ratio (CUR)	65%	62%	61%	61%	62%
Overall Liquidity Ratio	79%	72%	81%	104%	111%

Expressed in millions of U.S. dollars

	Capital Utilization Ratio
FY26	65%
FY25	62%
FY24	61%
FY23	61%
FY22	62%
FY21	67%
FY20	72%
FY19	78%

Financial Results

IFC

Consolidated Balance Sheets

Consolidated Statements of Operations

Summary Consolidated Statements of Comprehensive Income

Investment Program

Disbursements

Non-Performing Loans as a Percentage of Loans Disbursed and Outstanding

Key Ratios

Capital Utilization Ratio