Page 64 - 國合會2016電子書-英文

for MOFA-commissioned projects. Both interest and Figure 4 Fund Revenue (2016)
revenues from development lending and investment
projects, and interest accrued on the Fund are mainly
used to support routine operations, including technical ETF Disposal .............. ...................... Other 4%
10%
cooperation projects, humanitarian assistance and
scholarship programs, as well as the TaiwanICDF’s
administrative and management expenses. Income Lending and
from MOFA-commissioned projects mainly supports Interest on ......... Investment
the operation of various overseas MOFA-commissioned Fund ......... 36%
technical cooperation projects. Investments
50%
In 2016, operating revenues and non-operating
income and gains amounted to NT$1.48 billion, of which
NT$1.15 billion was allocated for commissioned projects.
Revenue generated through the Fund was NT$328.95
million, of which interest and revenues from lending and
investment projects comprised 36 percent, interest on
fund investments 50 percent, gains on ETF disposals 10
percent and other revenues 4 percent.
Total expenditures for 2016 were NT$1.48 billion, of
which NT$1.15 billion was for MOFA-commissioned
projects, and expenditures made through the Fund
were NT$321.88 million. Deducting expenditure from Figure 5 Fund Expenditure (2016)
the revenue, net income in 2016 was NT$7.07 million.
Compared to the budgeted deficit of NT$56.93 million,
................ Other 7%
this surplus was mainly due to a gain of NT$33.66 million
........ Lending and
through the disposal of exchange-traded funds and
Investment 4%
will be used as operating capital. In addition, Nepal
earthquake relief funds were used for the implementation
of two humanitarian aid projects in the country, resulting Management International
in a reduction in expenditures of the Fund. In 2016, the and General ............ ......... Education and
TaiwanICDF successfully balanced income and expenses Affairs 43% Training 28%
through the above cost-saving and revenue generating
measures.
For 2012 to 2016 TaiwanICDF Fund income and
Humanitarian
expenditure structure and figures, please refer to Figures Assistance ..................... .................... Technical
Coopera-
4 to 6. 3% tion 15%
Fund Utilization and Net Worth
As of December 31, 2016, the net balance of the
Fund was NT$15.8 billion (including founding and
donated funds of NT$12.47 billion, accumulated earnings
of NT$3.33 billion and unrealized gains on financial
instruments of NT$1.14 million). This represents an
increase of NT$13.08 million or 0.08 percent from 2015.
Fund and Fund net balance since 1996 are shown in
Figure 7.

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