annual report - The Mohamed bin Zayed Species Conservation Fund

ANNUAL REPORT 2010 PAGE 80
MOHAMED BIN ZAYED
SPECIES CONSERVATION FUND
2010 FINANCIAL STATEMENT
ENDOwMENT:
The Fund’s endowment started on 7 April 2009 with a value of $29,202,745
Analysis Period: 31 December 2009 to 31 December 2010
Reporting Currency: US Dollars
Statement of Assets:
Begin value 34,634,189
Cash flow adjusted change in assets 4,267,312
Sum of cash flows -3,468,407
End value 35,433,094
Portfolio performance 13.73%
Note: Sum of cash flows consists of $2,000,000 for grants in 2010; $1,000,000 for operations
through 2011; and $468,407 for fund management fees and taxes.
The endowment is managed by Credit Suisse
Note: Historical information and financial-market scenarios are no guarantee for future performance
OPERATIONS:
Analysis Period: 31 December 2009 to 31 December 2010
Reporting Currency: US Dollars
Fund management fees 457,571
Payroll and related costs 372,279
Public relations expenses 132,129
Traveling expenses 85,702
Website development and related costs 46,625
Other expenses 38,764
Total operations disbursements 1,133,071
As audited by Grant Thornton (M.E.), 25 March 2011
TO FIND OUT MORE ABOUT
THE MOHAMED BIN ZAYED
SPECIES CONSERVATION FUND
Please visit:
www.mbzspeciesconservation.org
Mailing Address:
The Mohamed bin Zayed Species Conservation Fund
PO Box 131112
Abu Dhabi
United Arab Emirates