[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109748-en":3,"doc-seo-109748-105":30,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},109748,1099514067438,"River Wang","https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542",8,"Research & Report","International Finance Corporation (IFC) - Board of Governors Resolution No. 274 - Financial Statements, Accountants’ Report, Administrative Budget and Designation of Retained Earnings","This document outlines Resolution No. 274 of the International Finance Corporation (IFC) Board of Governors, concerning the adoption of financial statements, accountants' report, administrative budget, and the designation of retained earnings. The resolution confirms that the Consolidated Financial Statements and Independent Auditors’Report from the 2020 Annual Report, along with the Administrative Budget detailed in the Report to the Board of Governors on IFC’S FY20 Operational and Financial Results and FY21 Budget, satisfy the requirements of Article IV, Section 11 of the Articles of Agreement and Section 16 of the By-Laws. It further mandates the transfer of IFC’s FY20 Net Loss of US$1,672 million to undesignated retained earnings. Additionally, the Corporation is authorized to designate $44 million of retained earnings for IFC’s Creating Markets Advisory Window within its Fiscal Year 2020 financial statements. This resolution was adopted on October 15, 2020, signifying a key financial and administrative decision for the organization. The document provides critical updates on the financial standing and budgetary allocations of the International Finance Corporation for the specified fiscal year.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL FINANCE CORPORATION  \nBOARD OF GOVERNORS  \nResolution No. 274  \nFinancial Statements, Accountants’Report,  \nAdministrative Budget and Designation of Retained Earnings  \nRESOLVED:  \n1. THAT the Board of Governors of the Corporation consider the Consolidated Financial Statements and Independent Auditors’Report included in the 2020 Annual Report and the Administrative Budget contained in the Report to the Board of Governors on IFC’S FY20 Operational and Financial Results and FY21 Budget (the “Report”), as fulfilling the requirements of Article IV, Section 11, of the Articles of Agreement and of Section 16 of the By-Laws of the Corporation;  \n2. THAT the Corporation’s FY20 Net Loss of US$1,672 million shall be transferred to undesignated retained earnings; and  \n3. THAT the Corporation be authorized to conclude the designation of $44 million of retained earnings for IFC’s Creating Markets Advisory Window in IFC’s Fiscal Year 2020 financial statements.  \n(Adopted on October 15, 2020)","cbCaipN59nnkNpCe","https://ap.wps.com/l/cbCaipN59nnkNpCe","pdf",106212,4,1,"English","en",105,"# Resolution No. 274\n## Financial Statements, Accountants’ Report, Administrative Budget and Designation of Retained Earnings\n### Resolved","[{\"question\":\"What is the purpose of Resolution No. 274?\",\"answer\":\"Resolution No. 274 addresses the financial statements, accountants' report, administrative budget, and the designation of retained earnings for the International Finance Corporation (IFC).\"},{\"question\":\"How is the FY20 Net Loss of the IFC handled according to this resolution?\",\"answer\":\"According to Resolution No. 274, the IFC's FY20 Net Loss of US$1,672 million is to be transferred to undesignated retained earnings.\"},{\"question\":\"What authorization is granted regarding retained earnings for the Creating Markets Advisory Window?\",\"answer\":\"The Corporation is authorized to designate $44 million of retained earnings for IFC’s Creating Markets Advisory Window in its Fiscal Year 2020 financial statements.\"}]","International Finance Corporation (IFC) - Board of Governors Resolution No. 274 - Financial Statements, Accountants’ Report, Administrative Budget and Designation of Retained Earnings | PDF",1784482197,3,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":28},"international-finance-corporation-ifc-board-of-governors-resolution-no-274-financial-statements-accountants-report-administrative-budget-and-designation-of-retained-earnings","",{"@graph":36,"@context":84},[37,52,67],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":29},"https://docshare.wps.com/document/research-report/",{"item":51,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/international-finance-corporation-ifc-board-of-governors-resolution-no-274-financial-statements-accountants-report-administrative-budget-and-designation-of-retained-earnings/109748/",{"url":51,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":23,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":41,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What is the purpose of Resolution No. 274?","Question",{"text":74,"@type":75},"Resolution No. 274 addresses the financial statements, accountants' report, administrative budget, and the designation of retained earnings for the International Finance Corporation (IFC).","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How is the FY20 Net Loss of the IFC handled according to this resolution?",{"text":79,"@type":75},"According to Resolution No. 274, the IFC's FY20 Net Loss of US$1,672 million is to be transferred to undesignated retained earnings.",{"name":81,"@type":72,"acceptedAnswer":82},"What authorization is granted regarding retained earnings for the Creating Markets Advisory Window?",{"text":83,"@type":75},"The Corporation is authorized to designate $44 million of retained earnings for IFC’s Creating Markets Advisory Window in its Fiscal Year 2020 financial statements.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,109,114,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":105,"doc_module":4,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},5,"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":46,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":105,"slug":137},19,"General","general"]