Annual Review 2013 - (Page 37)

Financials WWF International: Balance Sheet two-year summary 2012 and 2013 Financial year* 2012 CHF'000 2013 CHF'000 2013 EUR'000** 48,484 65,790 53,557 3,174 1,045 850 25,954 14,943 12,165 7,211 7,101 5,781 9,782 9,473 7,712 94,605 98,352 80,065 21,676 17,973 14,631 1,700 1,660 1,351 52,983 58,933 47,976 18,246 19,786 16,107 94,605 98,352 80,065 Assets Current assets - Cash - Short-term bank deposits - Marketable securities (1) - Recoverable taxes and other items Fixed assets (2) Total Liabilities and funds Accounts payable & accrued expenses Mortgage payable(3) Operating funds(4) Capital and endowment Total (5) *Financial years cover the period 1 July to 30 June **Exchange rate CHF 1.2284 = EUR 1, as at 30 June 2013 Notes to the accounts 1. Marketable securities Marketable securities are shown at market value. 2. Fixed assets Fixed asset purchases of land, buildings, building renovation, building equipment, software and IT equipment by WWF International Secretariat exceeding CHF50,000 are capitalized and depreciated as appropriate. 3. Mortgage payable Mortgage payable refers to the bank loan for the purchase and renovation of an office building in Gland, Switzerland. 4. Operating funds Operating funds are those funds available for expenditure on conservation, awareness and public policy, National Organization support, direct fundraising, administration and finance, and fixed asset expenditure. Audited financial statements are available on request 5. Capital and endowment Includes The 1001: A Nature Trust, a trust fund built up through individual membership contributions; the Sigvaldason Fund, a legacy from the late Mrs Gerda Sigvaldason; the Endowment Fund built up primarily from the proceeds of the WWF 25th Anniversary Coin Collection programme; the Prince Bernhard Scholarship Fund for Nature Conservation, the income from which will be used to achieve conservation worldwide, including to help build conservation capacity, and provide training and scholarships; and statutory capital of CHF20,000, representing the initial capital of WWF. WWF-INT Annual Review 2013 page 37

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Annual Review 2013