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2009-ADF Financial Statements
The resources of the ADF primarily comprise subscriptions by the State Participants and the Bank, as well as other resources received by the Fund including contributions by the Bank. The cumulative subscriptions to ADF amounted to UA 18.77 billion at December 31, 2009, compared to UA 18.37 billion at the end of 2008. The eleventh general replenishment of the Fund (ADF-XI) became effective in May 2008 and covers the three-year operational period starting in 2008 and ending in 2010. As of December 31, 2009, State Participants had subscribed a total of UA 3.37 billion representing 91.08 percent of the ADF-XI target replenishment level of UA 3.70 billion.