Financial Outlook

CG Annual MeetingMay 2016

Overview

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CGAP V

Update on member contributions

Cash Positions

FY16 and FY17 Projections

By Expense Category

By Work Area

Observations and Anticipated Trends

CGAP V Projected Member Contributions (US$ million)FY14-FY18 Estimate as of April 2016 vs Strategic Framework Resource Target

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Current projection for total member contribution to CGAP V is $118.7 million, or 98% of the CGAP V Strategic Framework Target. This is the result of an intensive fundraising drive during FY16, bringing significant additional contributions. Assumes that CGAP receives all pledged amounts and that current fundraising pipeline will be fully materialized.

FY14 FY15 FY16 FY17 FY18 Total CGAP V

CGAP V Strategy 16.9 25.5 26.2 26.2 26.2 121.02014 CG Meeting 24.0 23.6 20.8 17.0 16.7 102.12015 CG Meeting 23.4 24.4 19.8 16.8 16.7 101.1Current Estimate 23.0 20.6 26.5 22.5 26.1 118.7

$118.7 million

CGAP Financial Results Highlights

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FY16 on target…

FY16 Expenses: Projected FY16 expenses are expected to total $25.9 million-1% under CG approved budget of $26.3 million.

Member Contributions: Expected Member Contributions in FY2016 will total $26.5 million.

FY17 Outlook FY17 Plan: FY17 plan calls for budget of $28.9 million,

which represents increase of 10% compared with $26.3 million in FY16.

Member Contributions: Expected Member Contributions in FY2017 should total $22.5 million, building on strong fundraising pipeline and already pledged contributions.

CGAP V – Projected Member Contributions (US$ million)Updates since last CG meeting

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17%

20%

22%7%

4%

30%United KingdomThe MasterCard FoundationBill & Melinda Gates FoundationEuropean CommissionThe NetherlandsOther Donors

Who funds CGAP?Funders have evolved over time (US$ million)

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30.8 34.6 26.6

18.8 4.9

--

8.5 7.4

12.0

5.5

22.1 30.5 46.6

51.0 -

0.6

19.8

25.8 49.8

-

20.0

40.0

60.0

80.0

100.0

120.0

140.0

CGAP I CGAP II CGAP III CGAP IV CGAP V

WBG Other Multilats Reg Dev Bank Bilaterals Foundations

Funding Overview for FY17 and FY18-As April 2016

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(US$ million)

Disbursement by Category of Expense FY14 & FY15 Actual, FY16 Plan, FY17 Outlook (US$ million)

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FY17 Plan - Proposed Resource Distribution

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9%3%

5%

6%

6%

71%

Communications and Knowledge Products

Strategy, R&D

Information Technology

CEO Office and Governance

Budget& Administration

Initiatives

FY17 Plan - Initiatives

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(US$ million)

CGAP FY2016-end Projected Bank Balance on Hand Composition (US$000)Projected FY16-end Cash Balance US$ 43,85 million-Substential, but majority is already programmed, or with designated use….

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8,48519%

3,2958%

11,90027%

14,45533%

5,71713%

Core Funding for UndisbursedGrants/ Initiatives For ApprovedAllocations (not available to otheractivities)Core Funding Available forallocation

Designated Funding

Operating Reserve

Bank Balance-CGAP VI Related

CGAP V Financial Outlook

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Five-year outlook

Sound financial position with the current level of pledged contributions and strong fundraising pipeline.

CGAP V Strategy $121M - $ 118.7M Current Estimate

FY17 Priorities&Outlook

Funding is largely sufficient, but we continue with cost control measures in main areas of variables costs-travel, consultant fee, etc.;

Complete planned hiring and onboard new staff;

Mid-Term Evaluation;

Prepare for FY18 as the last year of CGAP V and start work on building a solid, sustainable funding model for CGAP VI.

Advancing financial inclusion to improve the lives of the poor

www.cgap.org