Our funding for 2010 was US$ 53.227 million, of which 98.5% came from CGIAR investors and 1.5% from other sources. Expenditure was US$52.959 million (net of indirect costs recovery of US$ 4.506 million), of which 83.7% was used for program expenses and 16.3% for management and general expenses.

The governments and agencies that provided the largest share of our funding in 2009 and 2010 are shown in Figure 1 (top 10 donors). Our 2009 and 2010 expenditures by MTP projects and CGIAR system priority are shown in Figures 2a, 2b and 3, respectively; while the performance indicators, as prescribed by the CGIAR, are reflected in Figure 4.

Figure 3. Expenditure by CGIAR System Priority: 2009 and 2010
2009 2010
System Priority Cost ($`000) % Cost ($`000) %
Agriculture and Health 1,870 3.7 1,658 3.1
Agrobiodiversity 6,073 11.9 6,978 13.2
Banana and Plantain Systems 5,254 10.3 4,780 9.0
Cereals and Legumes Systems 8,619 17.0 10,021 18.9
Opportunities and Threats 3,273 6.4 4,565 8.6
Horticulture and Tree Systems 9,055 17.8 9,390 17.7
Roots and Tubers Systems 16,312 32.1 15,063 28.4
Systemwide Program on Integrated Pest Management 365 0.7 504 1.0
Total 50,821 100 52,959 100
Figure 4. Performance Indicators: Financial health
2009 2010
Short-term solvency (or liquidity) 161 days 135 days
Long-term financial stability (adequacy of reserves) 161 days 135 days
Indirect Cost Rates 19.7% 19.3%
Cash management on restricted operations 0.09 0.06
Audit opinion Unqualified / Clean bill of financial health
List of IITA investors
Investors 2009 (in thousands US$) 2010 (in thousands US$)
African Agricultural Technology Foundation (AATF) 147 246
Austria 460 119
Belgium 1,740 1,544
BMZ, Germany 1,334 985
Canada 1,623 2,422
Catholic Relief Services (CRS) 1,083 756
Chemonics International 637 619
Centro Internacional de Agricultura Tropical (CIMMYT) 2,177 2,320
Commission of the European Communities 2,664 3,770
Common Fund for Commodities (CFC) 364 586
Denmark 1,160 803
Department for Int’l Development, UK 1,034 1,296
ECOWAS 0 248
Food and Agriculture Organization (FAO) 810 361
France 330 330
Gatsby Charitable Foundation 196 109
Global Crop Diversity Trust (GCDT) 244 528
International Centre of Insect Physiology and Ecology (icipe) 130 193
International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) 1,091 986
International Fund for Agricultural Development (IFAD) 1,362 686
International Food Policy Research Institute (IFPRI) 135 402
Ireland 681 1,114
Italy 10 0
Japan 390 602
Korea, Republic of 40 40
Netherlands 892 766
Nigeria 610 1,207
Norway 1,491 1,750
Rockefeller Foundation 117 0
Shell Petroleum Development Company of Nig. Ltd. 146 567
Sweden 476 512
Switzerland 501 478
United States Agency for International Development (USAID) 17,060 17,818
W. K. Kellogg Foundation 153 47
World Bank 2,211 2,026
Miscellaneous Projects 3,368 4,368
Challenge Programs 1,149 2,111
Grand total 48,410 52,448