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Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized

IFC InvestmentPortfolio1996
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FEE
20794

opy
Investment Portfolio
As of June 30, 1996

Original
commitments' Investments
heldforIFC
Fiscalyears Imillions
ofU.S.dollars) (millions
ofU.S.
dollars)
inwhich
commtments Total Total Equity Totalloans
Country,
regionorother
area,andobligor Sector weremade IFC syndicatons Loans fat cost) andequity

Sub-SaharanAfrica
Benin
Bank of Africa Benin (BOAB) Financial Services FY93, 94,95 0.3 - - 0.3 0.3
Equipbail S.A. Financial Services FY95 0.9 - 0.8 0.1 0.9
Societe Bninoise de Pche Food and Agribusiness FY92 0.3 - 0.1 0.1 0.1
Societe Fruitex Industrie Food and Agribusiness FY93 0.4 - 0.4 - 0.4
Union Beninoise d'Assurances-Vie (UBA-VIE) Financial Services FY96 0.1 0.1
- - 0.1

1.2 0.6 1.8


Botswana
Northern Textile Mills (Botswana) (PTY) Limited Textiles FY91 0.5 - 0.2 - 0.2
ULC (Proprietary) Limited Financial Services FY90, 93 0.8 - - 0.8 0.8

0.2 0.8 1.0


Cameroon
Alucam - Compagnie Camerounaise Mining and Extraction FY79 7.9 - - 0.9 0.9
de l'Aluminium Pechiney-Ugine of Metals and Other Ores
Complexe Avicole MVOG-BETSI Food and Agribusiness FY96 0.3 - 0.3 - 0.3
Cotonnire Industrielle du Cameroun (CICAM) Textiles FY86,93 6.5 - 4.7 - 4.7
Pecten Cameroon Cornpany Mining and Extraction FY92,96 54.5 99.5 36.3 - 36.3
of Fuel Minerals
Soci&e de Production, de Collecte, Food and Agribusiness FY94 1.1 - 1.0 - 1.0
de Tranformation et de Conditionnement
de Legumes
Societe des Palmeraies de la Ferme Suisse, S.A. Food and Agribusiness FY85 1.6 - - - -
United Transport Cameroon (UTC) Infrastructure FY94 1.1 - 0.8 - 0.8

43 0.9 44.0
CapeVerde
Empreendimentos Turisticos Limitada Hotels and Tourism FY95 1.0 - 1.0 - 1.0
Growela Cabo Verde, Limitada Manufacturing FY94 1.0 - 0.9 - 0.9

1.8 - 1.8
Congo
Congolaise des Bois Impregnes, S.A. Timber, Pulp and Paper FY87 2.1 - 2.2 - 2.2
Elf Congo Mining and Extraction FY95 50.0 - 50.0 - 50.0
of Fuel Minerals
Engen Congo Mining and Extraction FY96 44.2 25.0 41.2 2.9 44.2
of Fuel Minerals

93.4 2.9 96.3


Coted'Ivoire
Banque Atlantique - Cote d'Ivoire Financial Services FY94 5.3 - 5.3 - 5.3
Bereby-Finances S.A. Food and Agribusiness FY96 3.0 - - 3.0 3.0
Block Cl-Il Hydrocarbon Development Mining and Extraction FY93,95 38.7 - - 38.7 38.7
of Fuel Minerals
Compagnie Ivoirienne de Production Infrastructure FY95 19.1 - 17.2 1.0 18.1
dl'Electri cite
Etablissements R. Gonfreville, S.A. Textiles FY77, 87 12.0 - 0.8 0.9 1.7
Filtisac S.A. Manufacturing FY94 1.1 - 0.9 - 0.9

2 InternationalFinanceCorporation
Originalcommitments' Investments heldfor IFC
Fiscalyears (millionsofU.S.dollars) (millionsof U.S.dollars)
inwhich
commitments Total Total Equity Totalloans
regionorotherarea,andobligor
Country, Sector were made IFC syndications Loans (at cost) andequity

C6ted'lvoire(continued)
FTG - Filature et Tissage Gonfreville Textiles FY96 - - 1.8 - 1.8
Global Natural Resources (C6te d'Ivoire) Mining and Extraction FY96 7.5 10.0 7.5 - 7.5
Limited of Fuel Minerals
Industrial Promotion Services (C6te d'Ivoire) Financial Services FY88 0.8 - - 0.8 0.8
Laborex - C6te d'Ivoire Industrial and FY95 3.1 - 2.2 - 2.2
Consumer Services
Multi-Produits (SODIRO) Food and Agribusiness FY94 0.4 - 0.4 - 0.4
Omnium Chimique et Cosmetique Food and Agribusiness FY87, 94 7.0 - 4.8 0.2 5.0
(COSMIVOIRE)
P&hazur, S.A.R.L. Food and Agribusiness FY90, 93 1.1 - 0.5 - 0.5
Petro Ivoire S.A. Industrial and FY96 1.1 - 1.1 - 1.1
Consumer Services
Plantivoire Food and Agribusiness FY92 1.1 - 1.1 - 1.1
Pluspetrol C6te d'Ivoire Mining and Extraction FY96 7.5 10.0 7.5 - 7.5
of Fuel Minerals
Societe des Industries Alimentaires Food and Agribusiness FY88, 90 4.9 - 1.9 0.4 2.3
et Laitieres (SIALIM)
Societe Interagri S.A. Food and Agribusiness FY93 1.0 - 1.0 - 1.0
Texicodi S.A. Textiles FY96 - - 1.2 - 1.2
UMIC C6te d'Ivoire Corporation Mining and Extraction FY96 15.0 20.0 15.0 - 15.0
of Fuel Minerals
70.1 45.0 115.1

Gabon
Compagnie Miniere de l'Ogooue Mining and Extraction FY89, 92 36.0 - 8.5 - 8.5
of Metals and Other Ores
8.5 - 8.5

Gambia,The
Kombo Beach Hotel Limited Hotels and Tourism FY84,90 2.8 - 2.5 + 2.5
Lyefish Company Limited Food and Agribusiness FY95 0.4 - 0.4 - 0.4
Makumbaya Farms Limited Food and Agribusiness FY91 0.9 - 0.6 0.4 0.9
Ndebaan Medi-Services Company Limited Industrial and FY94 0.2 - 0.2 - 0.2
Consumer Services
Pelican Seafood (Gambia) Limited Food and Agribusiness FY91 1.1 - 1.1 - 1.1
Radville Cold Stores Limited Food and Agribusiness FY94 0.8 - 0.5 - 0.5

5.2 0.4 5.5

Ghana
Afariwaa Farms and Livestock Products Limited Food and Agribusiness FY94 0.4 - 0.3 - 0.3
Alugan Company Limited Mining and Extraction FY90 0.3 - 0.2 - 0.2
of Metals and Other Ores
Appiah Menka Complex Limited Chemicals and FY91 0.9 - 0.6 - 0.6
Petrochemicals
Billiton Bogosu Gold Limited Mining and Extraction FY88, 90, 21.2 29.0 13.9 1.9 15.7
of Metals and Other Ores 91,95
CAL Merchant Bank Limited Financial Services FY90, 91, 93 8.9 - 3.7 0.9 4.6
Combined Farmers Limited Food and Agribusiness FY93 0.4 - 0.3 - 0.3
Dupaul Wood Treatment (Ghana) Limited Timber, Pulp and Paper FY95 1.0 - 1.0 - 1.0
Ecobank Ghana Limited Financial Services FY93 2.0 - 1.1 - 1.1
Ghana Aluminium Products Limited Mining and Extraction FY92 0.4 - - 0.4 0.4
of Metals and Other Ores

Africa 3
Sub-Saharan
Investment Portfolio
As of June 30,1996

1
Original
commitments Investnents heldforIFC
Fiscalyears (millions
ofU.S.dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equity Totalloans
Country,
regionorotherarea,andobligor Sector weremads IFC syndications Loans (atcost) andequity

Ghana(continued)
Ghana Cement Works Limited Cement and FY94 3.0 - 2.8 - 2.8
Construction Materials
Ghana Household Utilities Manufacturing Manufacturing FY94 0.6 - 0.4 - 0.4
Company Limited
Ghana Leasing Company Limited Financial Services FY93, 94 5.8 - 4.1 0.8 4.8
Ghanaian-Australian Goldfields Limited Mining and Extraction FY90, 92,96 22.5 18.5 11.1 3.0 14.1
of Metals and Other Ores
Hotel Investments (Ghana) Limited Hotels and Tourism FY91, 92 4.2 - 2.8 - 2.8
Packrite Cartons and Packaging Timber, Pulp and Paper FY92 0.6 - 0.4 - 0.4
Industries Ltd.
Palm Royale Apartment Hotel Company Limited Hotels and Tourism FY94 1.0 - 1.0 - 1.0
Polytex Industries Limited Manufacturing FY93 0.4 - 0.2 - 0.2
Primewood Products Limited Timber, Pulp and Paper FY93 1.2 - 1.1 - 1.1
Securities Discount Company Financial Services FY91 0.2 - - 0.2 0.2
Shangri-la Hotel Hotels and Tourism FY95 0.3 - 0.3 - 0.3
Wahome Steel Limited Mining and Extraction FY90,93 5.2 - 1.2 0.4 1.7
of Metals and Other Ores

46.5 7.6 54.1


Guinea
Banque Internationale pour le Commerce Financial Services FY87 1.0 - - 1.0 1.0
et l'Industrie de la Guinee
Ciments de Guinee Cement and FY94 1.5 - 1.2 - 1.2
Construction Materials
Socit6 Aurifere de Guinee S.A. Mining and Extraction FY88 8.3 - 4.6 3.0 7.6
of Metals and Other Ores
Societe Guin&nne d'Hotellerie et Hotels and Tourism FY95 4.2 - 3.6 0.6 4.2
d'Investissements

9.4 4.6 14.0


Guinea-Bissau
Agribissau, S.A.R.L. Food and Agribusiness FY95 0.8 - 0.8 0.1 0.8

0.8 0.1 0.8


Kenya
Allpack Industries Limited Timber, Pulp and Paper FY92,93 0.4 - - 0.4 0.4
Aura Garments Manufacturing Limited Textiles FY94 0.3 - 0.3 - 0.3
Bawan Roses Limited Food and Agribusiness FY95 0.5 - 0.5 - 0.5
Capital Fish Kenya Limited Food and Agribusiness FY95 0.6 - 0.6 - 0.6
Development Finance Company of Kenya Limited Financial Services FY80, 84 6.4 - - 1.3 1.3
Diamond Trust of Kenya Limited Financial Services FY82 0.8 - - 0.8 0.8
East Africa Reinsurance Company Limited Financial Services FY94 1.1 - - 1.1 1.1
Equatorial Beach Properties Limited Hotels and Tourism FY86 3.7 - 5.2 - 5.2
Frigoken Ltd. Food and Agribusiness FY90 0.1 - - 0.1 0.1
Future Hotels Limited Hotels and Tourism FY93 0.5 - 0.4 - 0.4
Industrial Promotion Services (Kenya) Limited Financial Services FY82 0.5 - - 0.5 0.5
Industrial Promotion Services (Kenya) Limited* Financial Services FY87 0.6 - - 0.6 0.6
International Hotels (Kenya) Limited Hotels and Tourism FY95 6.0 - 6.0 - 6.0
Jacaranda Hotel Limited Hotels and Tourism FY96 0.5 - 0.5 - 0.5
Kihingo Roses Limited Food and Agribusiness FY95 0.5 - 0.5 - 0.5
Leather Industries of Kenya Limited Manufacturing FY84,92 1.9 - - 0.6 0.6
Magadi Soda Company Limited Chemicals FY96 9.0 - 9.0 - 9.0
and Petrochemicals

4 InternationalFinanceCorporation
Original
commhments' Investments heldforIFC
Fiscalyears ofU.S.dollars)
(millions of U.S.dollars)
(millions
in which
commitments Total Total Equaty Totalloans
regionorotherarea,andobligor
Country, Sector were made IFC syndications Loans (at cost) andequity

Kenya (continued)
Malaa Industries Limited Food and Agribusiness FY91 0.7 - 0.5 0.2 0.7
Mosi Limited Food and Agribusiness FY94 0.3 - 0.2 - 0.2
Novaskins Tannery Ltd. Manufacturing FY91 0.1 - - 0.1 0.1
Panafrican Paper Mills (E.A.) Ltd. Timber, Pulp and Paper FY70, 74, 77, 69.0 4.0 34.3 4.5 38.8
79, 81,88,90,
94,96
Premier Foods Industries Ltd. Food and Agribusiness FY89 0.1 - - 0.1 0.1
Premier Refrigeration and Engineering Ltd. Food and Agribusiness FY89 0.1 - - - -

Rift Valley Textiles Limited (RIVATEX) Textiles FY76 9.6 1.3 2.1 - 2.1
Tourism Promotion Services (Kenya) Ltd. Hotels and Tourism FY72 1.6 0.8 - + +
Vegpro Kenya Limited Food and Agribusiness FY95 1.0 - 1.0 - 1.0
Waterfront Hospitality Limited Hotels and Tourism FY94 1.0 - 1.0 - 1.0

62.1 10.4 72.5

Liberia
Liberian Bank for Development and Investment Financial Services FY66, 77,84 0.7 - - 0.1 0.1

- 0.1 0.1

Madagascar
Aquaculture de la Mahajamba (AQUALMA) Food and Agribusiness FY92, 93, 96 6.4 - 5.8 0.6 6.4
BNI-Credit Lyonnais Madagascar, S.A. Financial Services FY92 2.6 - - 2.6 2.6
Cotonniere d'Antsirabe (COTONA) S.A., La Textiles FY86,90 11.1 - 1.2 - 1.2
Financiere d'Investissement ARO Financial Services FY90, 91 0.5 - - 0.5 0.5
Pcheries de Nossi Be, S.A., Les Food and Agribusiness FY84,90 6.3 - 2.6 0.2 2.8
Societ6 d'Exploitation H-6teliere et Touristique Hotels and Tourism FY95 0.4 - 0.4 - 0.4
Societe Textile de Mahajunga S.A. Textiles FY77, 87 15.0 - 1.9 0.3 2.2

11.8 4.2 16.0

Malawi
Leasing and Finance Company of Financial Services FY86,90 0.2 - - 0.2 0.2
Malawi Limited, The
Stockbrokers Malawi Limited Financial Services FY95 0.1 - - 0.1 0.1
Viphya Plywoods and Allied Industries Timber, Pulp and Paper FY87 4.4 - 2.1 - 2.1
Limited
2.1 0.3 2.4

Mali
Grand H6tel de Bamako Hotels and Tourism FY94 1.0 - 1.0 - 1.0
Societe d'Exploitation des Mines d'Or de Mining and Extraction FY95 39.8 25.0 35.0 4.8 39.8
Sadiola S.A. of Metals and Other Ores
Societe Miniere de Syama Mining and Extraction FY94 26.8 - 25.4 1.4 26.8
of Metals and Other Ores
61.3 6.2 67.5

Mauritania
Mines d'Or d'Akjoujt, S.A. Mining and Extraction FY91 4.2 - - 0.8 0.8
of Metals and Other Ores
- 0.8 0.8

Africa 5
Sub-Saharan
Investment Portfolio
As of June 30, 1996

Originalcommitments' Investments held for IFC


Fscalyears (millionsof U.S.dollars) imflions of U.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor other area,andobligor Sector were made IFC syndications Loans (atcost) andequity

Mauritius
Big Game Fishing Company Limited Hotels and Tourism FY92 0.2 - 0.1 - 0.1
Consolidated Steel Limited Mining and Extraction FY92 0.7 - 0.2 0.2 0.4
of Metals and Other Ores
Dinarobin Inns and Motels Limited Hotels and Tourism FY71, 92 6.5 0.1 3.7 - 3.7
Mauritius Fund Limited Financial Services FY93 5.0 - - 5.0 5.0
Mauritius Venture Capital Fund Limited Financial Services FY96 1.7 - - 1.7 1.7
Socota Textile Mills Limited Textiles FY87 6.0 - 1.5 1.0 2.4
Textile Industries Limited Textiles FY90 3.1 - 1.5 - 1.5

7.0 7.8 14.8


Mozambique
Bonar Fisheries Holdings LDA Food and Agribusiness FY96 0.3 - 0.3 - 0.3
Companhia Agro-Industrial Lonrho - Food and Agribusiness FY87 2.7 - 1.0 - 1.0
Mozambique Limitada
Hotels Polana Limitada Hotels and Tourism FY93 3.5 - 2.6 - 2.6

3.9 - 3.9
Namibia
Pescanova Holdings of Namibia Limited Food and Agribusiness FY95 6.5 - 6.1 - 6.1

6.1 - 6.1
Nigeria
Arewa Textiles PLC Textiles FY64, 67,92 6.6 0.7 2.0 0.6 2.6
Bailey Bridges (Nigeria) Limited Infrastructure FY96 0.1 - 0.1 - 0.1
Canplas Limited Motor Vehicles FY93 0.6 - 0.3 0.2 0.5
and Components
Eterna Industries Limited Chemicals FY95 0.9 - 0.9 - 0.9
and Petrochemicals
Farbest Industries Nigeria Limited Food and Agribusiness FY94 0.2 - 0.2 - 0.2
First Securities Discount House Financial Services FY93 0.9 - - 0.9 0.9
Ikeja Hotel PLC Hotels and Tourism FY81, 85,88 12.3 - - 1.5 1.5
Mobil Producing Nigeria Unlimited Mining and Extraction FY91 75.0 95.0 37.5 - 37.5
of Fuel Minerals
Nigerian-American Merchant Bank Limited Financial Services FY91 7.6 - 1.1 - 1.1
Orman Industries Limited Food and Agribusiness FY93 0.1 - 0.1 - 0.1
Stark Industries Limited Timber, Pulp and Paper FY91 0.3 - 0.2 - 0.2
Tourist Company of Nigeria Limited Hotels and Tourism FY94 17.5 - 15.0 2.5 17.5
Vincent Standard Steel Industries Nigeria Mining and Extraction FY92 0.8 - 0.2 - 0.2
Limited of Metals and Other Ores
Vinfesen Industries Nigeria Limited Manufacturing FY96 1.0 - 1.0 - 1.0

58.6 5.5 64.2


Rwanda
Societe Rwandaise des Allumettes Timber, Pulp and Paper FY88 0.8 - 0.6 0.2 0.8
(SORWAL) S.A.R.L.

0.6 0.2 0.8

6 International Finance Corporation


commitments'
Original Investments heldforIFC
Fiscalyears ofU.S.dollars)
Imillions ofU.S.dollars)
Imillions
in which
commitments Total Total loans
Equity Total
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans lat cost) andequity

Senegal
Banque de l'Habitat du Senegal, S.A. Financial Services FY80 0.5 - - 0.5 0.5
Industries Chimiques du Snegal, S.A. Fertilizers and FY82, 88 15.1 - 4.8 - 4.8
Agricultural Chemicals
Societe d'Exploitation des Ressources Food and Agribusiness FY96 0.7 - 0.7 - 0.7
Thonieres (SERT)
Societe des Exportateurs du Senegal, S.A. Food and Agribusiness FY94 0.2 - 0.2 - 0.2
Societ Generale de Credit Automobile Financial Services FY94,96 0.3 - - 0.3 0.3
(SOGECA) S.A

5.7 0.8 6.5

Seychelles
Acajoux Hotel Limited Hotels and Tourism FY95 1.0 - 1.0 - 1.0
Beau Vallon Properties Ltd. Hotels and Tourism FY96 3.4 - 3.3 - 3.3
PTD Limited - The Paradise Hotel Hotels and Tourism FY93 3.8 2.5 3.2 - 3.2

7.4 - 7.4

SierraLeone
Sierra Rutile Limited Mining and Extraction FY92 10.3 - 9.0 - 9.0
of Metals and Other Ores _ __

9.0 - 9.0

South Africa
African Life Assurance Company Limited Financial Services FY95, 96 14.4 - - 14.4 14.4
South Africa Capital Growth Fund Financial Services FY96 20.0 - - 20.0 20.0
South Africa Franchise Equity Fund Limited Financial Services FY95 2.4 - - 2.4 2.4

- 36.7 36.7

Swaziland
Concrete Centre (Pty) Limited Cement and FY92 0.7 - - - -
Mbabane
Construction Materials
Natex Swaziland Limited Textiles FY85, 88, 93 12.6 - 8.3 3.7 12.0
Royal Swaziland Sugar Corporation Limited, The Food and Agribusiness FY78,86 10.0 - - 0.5 0.5
Spintex Holdings Swaziland Textiles FY90 3.7 - - 3.7 3.7
Swazi Paper Mills Limited Timber, Pulp and Paper FY95 5.0 - 5.0 - 5.0
Swaziland Industrial Development Financial Services FY87,93 3.3 - 1.4 1.0 2.4
Company Limited

14.7 9.0 23.6

Tanzania
Abercrombie & Kent Tanzania Limited Hotels and Tourism FY96 0.5 - 0.5 - 0.5
Eurafrican Bank (Tanzania) Limited Financial Services FY96 3.7 5.0 3.0 0.7 3.7
MIC Tanzania Ltd. Infrastructure FY96 1.0 - 1.0 - 1.0
Moshi Leather Industries Limited Manufacturing FY95 0.3 - - 0.3 0.3
Mufindi Tea Company Limited Food and Agribusiness FY91 1.7 - 1.3 - 1.3
Nomad Safaris (Tanzania) Limited Hotels and Tourism FY94 0.2 - 0.2 - 0.2
Raffia Bags Tanzania Limited Manufacturing FY95 0.5 - 0.5 - 0.5
Tanganyika Bus Service Company Limited Industrial and FY94, 96 0.8 - 0.6 - 0.6
Consumer Services
Tanganyika Sisal Spinning Company Limited Food and Agribusiness FY90 1.2 - 0.9 - 0.9
Tanzania Breeders and Feedmills Limited Food and Agribusiness FY95 1.0 - 1.0 - 1.0
Tanzania Breweries Limited Food and Agribusiness FY95 17.0 7.4 11.0 6.0 17.0

Sub-SaharanAfrica 7
Investment Portfolio
As of June 30, 1996

Orginalcommitments' Investments heldforIFC


Fiscalyears (millions
ofU.S.dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equity Total
loans
Country,
regionorotherarea,andobligor Sector weremade iFC syndications Loans (atcost) andequity

Tanzania (continued)
Tanzania Leather Industries Ltd. Manufacturing FY95 1.0 - 1.0 - 1.0
Tourism Promotion Services (Tanzania) Limited Hotels and Tourism FY94 9.1 - 8.0 1.1 9.1
Tourism Promotion Services (Zanzibar) Limited Hotels and Tourism FY95 1.4 - 1.3 0.2 1.4
Zainab Grain Millers Limited Food and Agribusiness FY96 1.0 - 1.0 - 1.0

31.2 8.2 39.4


Togo
Societe Togolaise des Produits Marins - STPM Food and Agribusiness FY92, 95 0.3 - 0.3 0.1 0.4
Togotex International S.A. Textiles FY90 1.7 - - 1.7 1.7

0.3 1.8 2.1


Uganda
Agro Management (Uganda) Limited Food and Agribusiness FY96 1.0 - 0.6 0.4 1.0
Clovergem Celtel Limited Infrastructure FY95 5.6 - 5.0 0.6 5.6
Clovergem Fish and Foods Limited Food and Agribusiness FY93 0.9 - 0.7 - 0.7
Development Finance Company of Uganda
Limited Financial Services FY85, 93 1.0 - - 1.0 1.0
East African Glass Works (1995) Limited Manufacturing FY96 6.5 - 6.5 - 6.5
Govinda-Kirinya Pulses Limited Food and Agribusiness FY96 0.2 - 0.2 - 0.2
Jubilee Insurance Company Uganda Limited Financial Services FY93 0.1 - - 0.1 0.1
Nile Roses Ltd. Food and Agribusiness FY93 0.3 - 0.3 - 0.3
Polypack Limited Manufacturing FY95 1.0 - 0.9 - 0.9
Rainbow International School Kampala Industrial and FY95 0.8 - 0.8 - 0.8
Limited Consumer Services
Rwenzori Properties Limited Industrial and FY94 1.0 - 0.8 0.2 1.0
Consumer Services
Skyblue Apart-Hotel Hotels and Tourism FY94 0.5 - 0.5 - 0.5
Sugar Corporation of Uganda Limited Food and Agribusiness FY84 8.0 - 6.0 - 6.0
Uganda Leasing Company Limited Financial Services FY95 0.3 - 2.0 0.3 2.3
Uganda Tea Corporation Limited Food and Agribusiness FY85 2.8 - - - -

24.3 2.6 26.9


Zaire
Grands H6tels du Zaire, S.Z.A.R.L. Hotels and Tourism FY85 15.0 - 7.8 - 7.8
Societe des Telecommunications Cellulaires Infrastructure FY92 6.0 - 2.4 - 2.4
(TELECEL)
Societe Textile de Kisangani, S.Z.A.R.L Textiles FY85 8.9 - 10.8 0.4 11.3
Utexafrica, S.P.R.L. and Usines Textiles Textiles FY88 13.5 - 14.7 - 14.7
Cotonni&res de Kinshasa (Utexco), S.Z.A.R.L.

35.8 0.4 36.2


Zambia
Big Five Car Hire Zambia Limited Industrial and FY94 0.6 - 0.6 - 0.6
Consumer Services
Kafue Textile of Zambia Limited Textiles FY80,85 10.5 - 6.0 - 6.0
Kaila Lodge Limited Hotels and Tourism FY95 0.2 - 0.2 - 0.2
Ubizane Investments Limited Food and Agribusiness FY96 1.1 - 1.1 - 1.1
Zambia Bata Shoe Company Limited Manufacturing FY72, 73 1.1 1.1 - 0.2 0.2
Zambia Hotel Properties Limited Hotels and Tourism FY84,91 7.5 13.5 6.0 - 6.0

13.9 0.2 14.1

8 International Finance Corporation


Originalcommitnents' Insestments heldforIFC
Fiscalyears (millionsof U.S.dollars) (millionsof U.S.dollars)
inwhich
commitments Total Total Equity Totalloans
Country,regionor other area,andobligor Sector weremade IFC syndications Loans (at cost) andequaty

Zimbabwe
Abercrombie & Kent Safaris (Private) Limited Hotels and Tourism FY95 0.5 - 0.4 - 0.4
Barclays Bank of Zimbabwe Limited Financial Services FY91 10.4 10.0 4.3 - 4.3
Bitumen Construction Services (Pvt) Ltd Industrial and FY95 1.2 - 1.0 - 1.0
Consumer Services
Chimwala Farm (Pvt) Limited Food and Agribusiness FY95 0.4 - 0.4 - 0.4
Chiparawe (Private) Limited Food and Agribusiness FY94 0.8 - 0.7 - 0.7
Crest Breeders International (Private) Limited Food and Agribusiness FY86, 94 6.0 - 2.9 0.7 3.6
First Merchant Bank of Zimbabwe Limited Financial Services FY91 15.6 15.0 6.3 - 6.3
First Merchant Bank of Zimbabwe Limited* Financial Services FY92 15.0 - 13.9 - 13.9
FMB Holdings Limited Financial Services FY91,92,95 3.5 - - 3.5 3.5
Hippo Valley Estates Limited Food and Agribusiness FY93 9.5 - 7.6 - 7.6
Interfresh (Private) Limited Food and Agribusiness FY94,96 3.9 - 2.4 1.5 3.9
Mat-tools and Forging (Private) Limited Manufacturing FY90 0.7 - 0.4 0.3 0.7
Meikles Consolidated Holdings (Private) Limited Hotels and Tourism FY92 8.3 - 6.7 - 6.7
Merchant Bank of Central Africa Limited Financial Services FY91 13.0 12.5 5.3 - 5.3
National Blankets Limited Textiles FY91 6.5 - 2.6 - 2.6
National Merchant Bank of Zimbabwe Ltd. Financial Services FY94 5.5 - - 0.5 0.5
Petrozim Line (Private) Limited Infrastructure FY92 16.7 16.0 11.1 - 11.1
Retrofit (Private) Limited Industrial and FY90 0.4 - - 0.1 0.1
Consumer Services
Standard Chartered Merchant Bank Financial Services FY91 15.4 15.0 6.3 - 6.3
Zimbabwe Limited
Stone Holdings (Pty) Ltd. Mining and Extraction FY96 1.5 - 1.5 - 1.5
of Metals and Other Ores
Syfrets Merchant Bank Limited Financial Services FY91 12.9 12.5 5.3 - 5.3
T.A. Trading Corporation Private Limited Hotels and Tourism FY91 2.0 - 1.0 - 1.0
Tedco Limited** Manufacturing FY94 - - 0.3 - 0.3
Triangle Limited Food and Agribusiness FY93 7.0 - 5.6 - 5.6
Tropico Zimbabwe (Pvt) Limited Food and Agribusiness FY94 0.3 - 0.3 - 0.3
udc Limited Financial Services FY85, 87,88, 96 12.4 - - 0.8 0.8
Venture Capital Company of Zimbabwe, Ltd. Financial Services FY91 0.8 - - 0.8 0.8
Victoria Falls Safari Lodge Hotel (Private) Ltd. Hotels and Tourism FY94 2.8 - 2.5 0.4 2.8
Wankie Colliery Company Limited Mining and Extraction FY81, 93 22.0 10.8 9.0 - 9.0
of Fuel Minerals
Zambezi Safari Lodges (Private) Limited Hotels and Tourism FY96 1.3 - 1.3 - 1.3
Zimtile (Private) Limited** Cement and FY93 - - 0.3 - 0.3
Construction Materials
99.4 8.5 107.9

Regional
Africa Emerging Markets Fund, The Financial Services FY94 7.5 - - 7.5 7.5
African Management Services Company Industrial and FY89 1.4 - - 1.4 1.4
Consumer Services
- 8.9 8.9

Totalfor Sub-SaharanAfrica $735.3 $175.7 $911.0

Sub-SaharanAfrica 9
Investment Portfolio
As of June30, 1996

Originalcommitments' Investments heldfor IFC


Foscalyears (millionsof U.S.dollars) imillionsof U.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor otherarea, andobligor Sector were made IFC syndicabons Loans (at cost) andequity

Asia
Bangladesh
Bata Shoe Company (Bangladesh) Limited Manufacturing FY85, 86 3.6 1.4 - 0.2 0.2
Dynamic Textile Industries Limited Textiles FY92 2.5 2.0 2.3 - 2.3
Industrial Development Leasing Company of Financial Services FY85, 96 3.2 - - 0.1 0.1
Bangladesh Limited
Industrial Promotion and Development Financial Services FY82 1.1 - - 1.1 1.1
Company of Bangladesh Limited

2.3 1.4 3.7


China
China Dynamic Growth Fund L.P. Financial Services FY94 12.4 - - 12.4 12.4
China Walden Management Limited Financial Services FY94 + - - + +
China Walden Venture Investments Limited Financial Services FY94 7.5 - - 7.5 7.5
Crown (China) Electronics Co. Ltd. Manufacturing FY89 15.0 - 4.7 - 4.7
Dalian Float Glass Company Limited Manufacturing FY95 32.9 30.5 20.5 2.4 22.9
Dupont Suzhou Polyester Co. Ltd. Textiles FY96 28.8 52.0 24.9 3.8 28.8
Guangzhou Peugeot Automobile Motor Vehicles and FY85,92 19.5 - 2.8 4.5 7.4
Company Ltd. Components
Nanjing Kumho Tire Co., Ltd. Motor Vehicles and FY96 19.8 45.5 16.0 3.8 19.8
Components
Nantong Wanfu Special Aquatic Products Co. Ltd. Food and Agribusiness FY95 9.2 8.2 6.4 2.7 9.2
Newbridge Investment Partners, L.P. Financial Services FY95 10.0 - - 10.0 10.0
Plantation Timber Products (Leshan) Limited Timber, Pulp and Paper FY96 11.0 20.0 10.0 1.0 11.0
Shenzhen China Bicycles Company Manufacturing FY88, 92,94 20.9 - 9.0 3.4 12.4
(Holdings) Limited
Shenzhen Tai-Yang PCCP Company, Limited Cement and FY93 5.0 - 3.8 1.0 4.7
Construction Materials
Shenzhen-YK Solar Energy Co., Ltd. (SSE) Manufacturing FY89 1.0 - - 1.0 1.0
Yantai Mitsubishi Cement Company Limited Cement and FY93 30.7 - 18.7 2.0 20.7
Construction Materials

116.8 55.6 172.4


Fiji
Ghim Li Fashion (Fiji) Limited Textiles FY93 1.7 2.5 1.0 - 1.0
Merchant Bank of Fiji Limited Financial Services FY87 0.3 - - 0.3 0.3

1.0 0.3 1.4


India
20th Century Asset Management Financial Services FY94 0.2 - - 0.2 0.2
Corporation Limited
20th Century Finance Corporation Limited Financial Services FY93 8.0 8.0 1.1 0.8 1.9
Ahmedabad Electricity Company, Limited, The Infrastructure FY89 20.8 - 17.0 - 17.0
Arvind Mills Limited Textiles FY92,93 20.9 - - 17.1 17.1
Bannari Amman Sugars Ltd. Cement and FY87 0.9 - 0.1 - 0.1
Construction Materials
Bihar Sponge Iron Limited Mining and Extraction FY85, 91 15.9 - 14.7 0.7 15.4
of Metals and Other Ores
BSES Limited Infrastructure FY91 50.0 18.0 50.0 - 50.0
Centurion Bank Limited Financial Services FY95 3.9 - - 3.9 3.9
Centurion Quantum Growth Scheme Financial Services FY94 2.4 - - 2.4 2.4

10 International Finance Corporation


commitments'
Original Investments heldforIFC
Fiscalyears ofU.S.dollars)
Imillions ofU.S.dollars)
Imillions
in which
commitments Total Total loans
Equity Total
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans lat cost) andequity

India (continued)
CESC Limited Infrastructure FY91,93 54.7 67.0 51.4 - 51.4
Chowgule Steamships Ltd. Infrastructure FY95 19.6 27.0 15.0 4.6 19.6
City Mills (Private) Limited Textiles FY87 0.7 - 0.5 - 0.5
Coromandel Engineering Company Cement and FY87 0.6 - + - +
Limited, The Construction Materials
Creditcapital Asset Management Company Financial Services FY94 0.3 - - 0.3 0.3
Creditcapital Venture Fund (I) Ltd. Financial Services FY93,95 1.0 - - 1.0 1.0
Creditcapital Venture Fund Limited (India)* Financial Services FY96 16.0 - 8.0 8.0 16.0
Deepak Fertilisers and Petrochemicals Fertilizers and FY80, 82, 89 11.7 - 0.3 - 0.3
Corporation Limited Agricultural Chemicals
DLF Cement Limited Cement and FY94 19.4 17.0 15.4 - 15.4
Construction Materials
Export-Import Bank of India Financial Services FY95 25.0 - 25.0 - 25.0
GKN Invel Transmissions Limited Motor Vehicles and FY88,95 1.4 - - 1.4 1.4
Components
Global Trust Bank Financial Services FY94 3.2 - - 3.2 3.2
Great Eastern Shipping Company Limited, The Infrastructure FY87, 93, 94 28.9 11.3 1.5 13.0 14.6
Gujarat Ambuja Cements Ltd. Cement and FY94 25.8 - - 8.2 8.2
Construction Materials
Gujarat State Fertilizers Chemicals and Petrochemicals FY89,92 37.4 - 17.3 - 17.3
GVK Industries Ltd. Infrastructure FY96 48.3 52.3 40.0 8.3 48.3
Herdillia Oxides and Electronics Limited Chemicals and Petrochemicals FY91 0.3 - - 0.3 0.3
Hindustan Motors Limited Motor Vehicles and FY87 15.3 - 10.6 - 10.6
Components
Housing Development Finance Financial Services FY78, 87, 91, 93 47.8 60.0 40.0 2.3 42.3
Corporation Limited
IFGL Refractories Limited Mining and Extraction FY92, 94 1.1 - - 1.1 1.1
of Metals and Other Ores
IL&FS Stockbroking & Investment Financial Services FY95 0.3 - - 0.3 0.3
Company Limited
India Direct Fund Financial Services FY96 7.5 - - 7.5 7.5
India Equipment Leasing Limited Financial Services FY86, 93, 3.8 - 0.7 0.8 1.5
94, 95
India Lease Development Limited Financial Services FY86, 91,95 4.6 - 1.7 0.9 2.6
Indian Rayon Corporation Limited, The Oil Refining FY82, 87 8.2 - 0.3 - 0.3
Indo Rama Synthetics Ltd. Textiles FY92, 94, 96 56.8 - 23.4 12.0 35.4
Indus Investments Mauritius Limited Financial Services FY96 + - - + +
Indus Venture Capital Fund I Financial Services FY92 1.0 - - 1.0 1.0
Indus Venture Investments Limited Financial Services FY96 5.0 - - 5.0 5.0
Indus Venture Management Limited Financial Services FY92 + - - + +
Information Technology Fund Financial Services FY94 0.6 - - 0.6 0.6
Infrastructure Leasing and Financial Financial Services FY91, 93,95 44.9 - 29.3 4.9 34.2
Services Limited
ITW Signode India Limited Mining and Extraction FY82, 86, 87, 4.5 - - 1.5 1.5
of Metals and Other Ores 91, 93, 96
J.M. Share & Stock Brokers Limited Financial Services FY90, 95 2.4 - - 1.2 1.2
Mahindra & Mahindra Ltd. Motor Vehicles and FY81,90,93 28.8 - 1.2 6.5 7.7
Components
Mahindra Ugine Steel Company, Ltd. Mining and Extraction FY64, 75, 14.2 0.1 - 1.5 1.5
of Metals and Other Ores 79,90
Modi Cement Limited Cement and FY85 13.0 - 19.0 - 19.0
Construction Materials

Asia 11
Investment Portfolio
As of June 30, 1996

Original
commitments' InvestmentsheldforIFC
Fiscalyears (millions
ofU.S.dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equity Total
loans
Country,
regionorotherarea,andobligor Sector weremade IFC syndications Loans latcost) andequity

India (continued)
Moser Baer India Limited Industrial and FY96 0.6 - - 0.6 0.6
Consumer Services
N B Footwear Limited Manufacturing FY87 0.5 - 0.2 - 0.2
Nicco-Uco Financial Services Limited Financial Services FY93, 96 3.4 - 2.3 0.4 2.6
Nippon Denro Ispat Limited (NDIL) Mining and Extraction FY92,95 75.8 60.0 64.3 5.8 70.1
of Metals and Other Ores
NSL Limited Mining and Extraction FY82 1.4 - - 0.1 0.1
of Metals and Other Ores
Paharpur Cooling Towers Limited Manufacturing FY87 0.9 - 0.3 - 0.3
Prism Cement Limited Cement and FY95 20.0 15.0 15.0 5.0 20.0
Construction Materials
Rain Calcining Ltd. Oil Refining FY96 24.7 - 19.3 5.4 24.7
SKF Bearings India Limited Manufacturing FY92 11.5 - 8.6 - 8.6
South Asian Regional Apex Fund Financial Services FY96 7.2 - - 7.2 7.2
SPIC Fine Chemicals Ltd. Manufacturing FY91, 95 1.9 - - 1.9 1.9
SRF Finance Limited Financial Services FY95 20.0 - 15.0 5.0 20.0
Switching Technologies Guenther Limited Manufacturing FY87 1.0 - 0.5 - 0.5
Tan India Limited Chemicals and Petrochemicals FY87 0.5 - 0.1 - 0.1
Tata Electric Companies Infrastructure FY90, 91,94 130.6 - 102.1 - 102.1
Tata Iron and Steel Company Limited, The Mining and Extraction FY81, 86, 89, 98.4 16.7 13.3 15.4 28.7
of Metals and Other Ores 93,94
Tata Keltron Ltd. Manufacturing FY89,90, 92 0.6 - - 0.6 0.6
Taurus The Starshare Financial Services FY94 7.2 - - 7.2 7.2
Technology Development and Information Financial Services FY91 2.1 - - 1.9 1.9
Company of India
Titan Watches Limited Manufacturing FY87, 89, 20.9 - 5.9 1.0 6.9
90, 93
Triveni Engineering & Industries Ltd. Mining and Extraction FY91, 93 1.1 - - 1.1 1.1
of Fuel Minerals
UCAL Fuel Systems Limited Motor Vehicles and FY90 0.6 - - 0.6 0.6
Components
United Riceland Ltd. Food and Agribusiness FY96 10.0 - 10.0 - 10.0
Varun Shipping Company Limited Infrastructure FY91, 96 22.4 6.0 14.4 1.3 15.8
Wires & Fabriks (S.A.) Limited, Jaipur Manufacturing FY87 0.4 - 0.1 - 0.1

654.9 180.9 835.8


Indonesia
P.T.AgroMuko Food andAgribusiness FY91 12.7 - 3.8 2.2 6.0
P.T. Argo Pantes Textiles FY91 43.0 53.0 18.8 13.0 31.8
P.T.Asia Wisata Promosindo** Hotels and Tourism FY94 - - 2.3 - 2.3
PT. Astra International, Incorporated Motor Vehicles and FY90, 91,94 33.3 - - 22.3 22.3
Components
PT. Asuransi Jiwa Dharmala Manulife Financial Services FY88 0.3 - - 0.3 0.3
P.T. Bakrie Kasei Corporation Chemicals and Petrochemicals FY92, 95 72.6 95.0 51.6 12.6 64.2
PT. Bakrie Kasei Pet Chemicals and Petrochemicals FY95 14.0 - 12.0 2.0 14.0
P.T. Bakrie Pipe Industries Manufacturing FY95 29.5 - 29.5 - 29.5
PT. Bali Holiday Village Hotels and Tourism FY88 3.5 2.0 0.4 - 0.4
P.T. BBL Dharmala Finance Financial Services FY93,96 20.0 35.0 15.8 - 15.8
PT. Bunas Finance Indonesia Financial Services FY95 10.0 6.0 10.0 - 10.0
PT. Citimas Capital Indonesia Financial Services FY95 2.6 - - 2.6 2.6
PT. Dharmala Agrifood Food and Agribusiness FY96 20.0 15.0 20.0 - 20.0

12 International Finance Corporation


commitments'
Original InvestmentsheldforIFC
years
Fiscal ofU.S.dollars)
{millions ofU.S.dollars)
(millions
inwhich
commitments Total Total Equity Totalloans
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans iatcost) andequity

Indonesia (continued)
P.T. Indo-Rama Synthetics Textiles FY90, 91,95 67.9 67.5 42.2 10.9 53.0
P.T. Indonesia Asahi Chemical Industry Textiles FY92 5.8 - 1.2 1.8 3.0
P.T. KDLC Bali BancBali Finance Financial Services FY94 16.1 - 15.0 1.1 16.1
P.T. KIA Keramik Mas Cement and FY92,94,96 39.7 91.0 26.0 9.3 35.3
Construction Materials
P.T. KIA Serpih Mas Cement and FY95 21.4 55.0 15.0 6.4 21.4
Construction Materials
PT. Mitracorp PacificNusantara Industrial and FY93,95 22.7 - 2.5 20.0 22.5
Consumer Services
PT. Nusantara Tropical Fruit Food and Agribusiness FY93 9.0 7.0 4.0 - 4.0
PT. Pama Indonesia Financial Services FY94 0.7 - - 0.7 0.7
P.T. Panin Overseas Finance Financial Services FY95 7.9 8.0 6.0 1.9 7.9
P.T. Rimba Partikel Indonesia Timber, Pulp and Paper FY92 10.5 10.0 8.6 0.6 9.2
PT. Samudera Indonesia Infrastructure FY93 17.0 3.0 2.5 5.0 7.5
P.T. Santika Hotels and Tourism FY96 14.0 - 14.0 - 14.0
PT. Saripuri Permai Hotel (SPH) Hotels and Tourism FY94 8.0 24.0 8.0 - 8.0
PT. Saseka Gelora Finance Financial Services FY82, 85, 94 1.9 - - 0.4 0.4
P.T. Semen Andalas Indonesia Cement and FY80, 88 33.5 28.5 10.3 10.0 20.4
Construction Materials
P.T.South Pacific Viscose Textiles FY93, 96 45.0 60.0 33.7 - 33.7
P.T.Swadharma Kerry Satya Hotels and Tourism FY92 35.0 51.0 26.4 - 26.4
P.T. Unitex Textiles FY71 1.6 1.8 - 0.3 0.3
Prudential Asia Indonesia Trust Financial Services FY94 6.8 - - 6.8 6.8
SEAVI Indonesia Aruba A.V.V. Financial Services FY93 1.5 - - 1.5 1.5

379.6 131.8 511.4

Korea,Republicof
Hana Bank Financial Services FY71, 74, 76, 13.9 - - 1.3 1.3
79, 80,82, 85,
89,91, 94
Korea Development Investment Corporation Financial Services FY83, 91 1.7 - - 1.7 1.7
Korea Development Investment Corporation* Financial Services FY85 2.2 - - 2.2 2.2
Korea Development Leasing Corporation Financial Services FY77, 79, 87, 90 6.8 10.0 - 1.2 1.2
Korea Long Term Credit Bank Financial Services FY68, 74, 76, 37.2 8.9 - 12.1 12.1
77, 78, 80,
90,94
Korea Zinc Company, Ltd. Mining and Extraction FY76,86, 88 24.6 - 0.9 - 0.9
of Metals and Other Ores
L.G. Electronics Manufacturing FY75, 76, 77, 47.5 10.0 - 11.6 11.6
79, 80, 84, 85,
87,88,89,91,
92, 93,96
Sam Kwang Chemical Company Ltd. Chemicals and Petrochemicals FY85 0.1 - - 0.1 0.1
Seoshin Electronics Company Ltd. Manufacturing FY85 0.3 - - 0.3 0.3
Seoul Cad Mold and Tool Company Ltd. Manufacturing FY85 0.1 - - 0.1 0.1

0.9 30.7 31.6

Malaysia
Malaysian Ventures (Two) Sdn Bhd. Financial Services FY92 1.0 - - 1.0 1.0
Malaysian Ventures Management Financial Services FY92 + - - + +
Incorporated Sdn. Berhad II

Asia 13
Investment Portfolio
As of June 30, 1996

commiatnents'
Original Invesatents
heldforIFC
Fiscal
years Imigions
ofU.S.dollars) (millions dollars)
ofU.S.
inwhich
comminments Total Total Equiy Totalloans
Country, orotherarea,andobligor
region Sector weremade IFC syndicatons Loans (atcost) andequity

Malaysia(continued)
SEAVIProject - Malaysian Ventures Berhad Financial Services FY85 0.8 - - + +
Twenty First Century Oleochemicals Sdn. Bhd. Chemicals and Petrochemicals FY90 5.2 3.4 3.7 0.7 4.4

3.7 1.7 5.4

Maldives
Villa Shipping and Trading Company Hotels and Tourism FY96 6.0 - 6.0 - 6.0
Private Limited
6.0 - 6.0

Nepal
Himal Power Limited Infrastructure FY96 31.0 - 31.0 - 31.0
Soaltee Hotel Limited Hotels and Tourism FY75, 93 3.9 - - 0.4 0.4

31.0 0.4 31.4


PapuaNewGuinea
ZZZ PNG Cannery Pty., Limited Food and Agribusiness FY94 13.0 - 12.0 1.0 13.0

12.0 1.0 13.0

Philippines
All Asia Capital Trust Financial Services FY80, 83, 89, 32.3 5.0 25.0 2.7 27.7
90, 95
All AsiaCapital Growth Ventures BVI - I, Ltd. Financial Services FY96 4.0 - - 4.0 4.0
All AsiaCapital Managers, Inc. Financial Services FY96 + - - + +
Asian Ventures Ltd. Financial Services FY96 + - - + +
Avantex Mill Corporation Textiles FY91 13.2 - 7.0 2.0 9.0
Bacnotan Cement Corporation Cement and FY93 23.6 - 7.7 5.6 13.3
Construction Materials
Best Chemicals and Plastics, Inc. Chemicals and Petrochemicals FY91 8.5 - - 2.0 2.0
General Milling Corporation Food and Agribusiness FY79, 90 5.7 - - 1.7 1.7
Hambrecht & Quist Philippine Ventures - II Financial Services FY94 2.5 - - 2.5 2.5
Hambrecht & Quist Venture Capital Fund Financial Services FY89 2.3 - - 2.3 2.3
Hopewell Energy (Philippines) Corporation Infrastructure FY91 11.0 - - 1.0 1.0
Hopewell Power (Philippines) Corporation Infrastructure FY93 70.0 11.0 60.0 10.0 70.0
Mactan Shangri-La Hotel & Resort Inc. Hotels and Tourism FY93 12.0 12.0 5.5 - 5.5
Makati Shanghri-La Hotel and Resorts Inc. Hotels and Tourism FY91 28.7 28.7 8.4 - 8.4
Manila Electric Company Infrastructure FY67,89 34.3 3.0 18.3 - 18.3
Maria Cristina Chemical Industries, Inc. Mining and Extraction FY74,79 2.2 - - 0.4 0.4
of Metals and Other Ores
Northern Mindanao Power Corporation Infrastructure FY92, 93 17.0 21.0 10.0 4.5 14.5
Pangasinan Electric Corporation Infrastructure FY96 30.0 196.0 30.0 - 30.0
Philippine Long Distance Telephone Company Infrastructure FY70, 87, 88, 90 88.5 40.0 41.6 - 41.6
Pilipinas Shell Petroleum Corporation Oil Refining FY93 38.8 65.9 11.6 - 11.6
Walden AB Ayala Management Co., Inc. Financial Services FY95 0.1 - - 0.1 0.1
Walden AB Ayala Ventures Co., Inc. Financial Services FY95 3.8 - - 3.8 3.8

225.1 42.6 267.7


Sri Lanka
C.K.N. Fund Management (Private) Ltd. Financial Services FY92 0.1 - - 0.1 0.1
Lanka Cellular Services (Private) Ltd. Infrastructure FY94 2.0 - - 2.0 2.0
Pyramid Unit Trust Financial Services FY92 0.3 - - 0.3 0.3

14 International Finance Corporation


Originalcommitments' Investmentsheldfor IFC
Fiscalyears ImillionsofU.S.dollars) (millionsof U.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor other area,andobligor Sector were made IFC syndications Loans (at cost) andequity

Sri Lanka (continued)


Taj Lanka Hotels Limited Hotels and Tourism FY81 8.4 10.2 - 0.6 0.6
Union Assurance Limited Financial Services FY88,95 1.0 - - 1.0 1.0

- 4.0 4.0

Thailand
Ayudhya Development Leasing Co., Ltd. Financial Services FY92, 93,96 1.5 - - 1.5 1.5
Bank of Asia Limited, The Financial Services FY92, 93, 95 7.2 - - 7.2 7.2
Bank of Asia Limited, The* Financial Services FY92 20.0 - 17.5 - 17.5
Bumrungrad Medical Center Industrial and FY94 27.2 35.0 25.0 2.2 27.2
Company Limited Consumer Services
Central Plaza Hotel Company Limited Hotels and Tourism FY93 13.9 - - 13.9 13.9
Central Sukhontha Company, Limited Hotels and Tourism FY93 7.0 - 2.0 - 2.0
Chao Khun Agro Products Company Limited Food and Agribusiness FY94 0.4 - - 0.4 0.4
Collection Industrial Associated (Bangkok) Ltd. Manufacturing FY90 0.5 - - 0.5 0.5
Dhana Siam Finance and Securities Public Financial Services FY94 30.0 - 26.0 - 26.0
Company, Limited
Finance One Public Company Limited Financial Services FY95 30.0 150.0 30.0 - 30.0
HMC Polymers Company Limited Chemicals and Petrochemicals FY88,96 17.1 11.0 3.2 2.1 5.4
Krung Thai IBJ Leasing Company, Limited Financial Services FY92 0.4 - - 0.4 0.4
Ladprao General Hospital Company Ltd. Industrial and FY90 0.3 - - 0.3 0.3
Consumer Services
National Finance and Securities Public Financial Services FY96 30.0 250.0 30.0 - 30.0
Company Limited
Peroxythai Limited Chemicals and Petrochemicals FY89 10.7 - 7.0 - 7.0
Saha Farms Company, Ltd. Food and Agribusiness FY96 44.9 25.0 35.0 9.9 44.9
Samui Beach Company, The Hotels and Tourism FY93 8.0 - 3.0 - 3.0
ISEAVIProject Financial Services FY85,91 1.5 - - 1.5 1.5
Seavi Thailand Venture Management Ltd. Financial Services FY91 + - - + +
Shin Ho Paper (Thailand) Company, Limited Timber, Pulp and Paper FY92,95 29.5 34.0 17.9 7.5 25.4
Siam Asahi Technoglass Co., Ltd. Manufacturing FY90 8.3 - - 8.3 8.3
Siam City Cement Co., Ltd. Cement and FY79, 81, 85, 59.4 152.0 20.0 - 20.0
Construction Materials 87,92
Soon Hua Seng Advance Agro Plantation Timber, Pulp and Paper FY94 10.0 - 10.0 - 10.0
Company Limited
Star Petroleum Refining Company, Limited Oil Refining FY94 100.0 350.0 100.0 - 100.0
Thai Baroda Industries Limited Textiles FY93 0.8 - - 0.8 0.8
Top Easy Company Ltd. Manufacturing FY90 0.2 - - 0.2 0.2
Tuntex Petrochemicals (Thailand) Public Co. Ltd. Chemicals and Petrochemicals FY94 24.9 137.5 12.0 4.9 16.9
United Palm Oil Industry Public Company Limited Food and Agribusiness FY95 - - - 1.1 1.1
Vinythai Public Company Limited Chemicals and Petrochemicals FY95 41.1 63.9 41.1 - 41.1
Wing Fat Group Company Ltd.** Manufacturing FY93 - - 2.5 - 2.5

382.2 62.9 445.0

Vanuatu
South West Pacific Investments Limited Hotels and Tourism FY96 5.5 - 5.8 - 5.8

5.8 - 5.8

Vietnam
Baria Fertilizer and Agricultural Forestry Products Infrastructure FY95 3.0 2.0 3.0 - 3.0
Import-Export Services Company
Hanoi Sofitel Metropole Hotel Hotels and Tourism FY94 8.5 17.5 8.5 - 8.5

Asia 15
Investment Portfolio
As of June 30, 1996

Original
commitmants' Investments
heldforIFC
Fiscal
years (millions
ofU.S.dollars) (millions
ofU.S.
dollars)
inwhich
commitments Total Total Equity Total
loans
Country,
region
orotherarea,andobligor Sector weremade IFC syndications Loans latcoot andequity

Vietnam (continued)
Morning Star Cement Limited Cement and FY96 30.0 66.6 30.0 - 30.0
Construction Materials
Tosac International Hotel Limited Hotels and Tourism FY96 3.4 2.8 3.4 - 3.4
Tourane Hotel Limited Hotels and Tourism FY96 8.3 6.0 8.3 - 8.3
Vina Kyoei Steel Limited Mining and Extraction FY96 15.0 - 15.0 - 15.0
of Metals and Other Ores

68.2 - 68.2
WesternSamoa
Ufi Sa Village, le Hotels and Tourism FY96 0.2 - - 0.2 0.2

- 0.2 0.2
Other (Taiwan,China)2
Asia Cement Corporation Cement and FY70 4.0 0.2 - + +
Construction Materials

Regional
Asian Infrastructure Fund Financial Services FY95 50.0 - - 50.0 50.0
Asian Infrastructure Fund Management Financial Services FY95 0.1 - - 0.1 0.1
Company Limited L.D.C.
Jardine Fleming Asia Select Limited Financial Services FY90 11.4 - - 10.5 10.5
KDLC Lease & Finance Limited Financial Services FY96 17.0 - 17.0 - 17.0
SEAVI Project - South Asia Financial Services FY85 1.0 - - + +
South East Asia Venture Investment Company III Financial Services FY94 10.0 - - 10.0 10.0
South East Asia Venture Investment Financial Services FY85 0.1 - - 0.1 0.1
Management Ltd

17.0 70.6 87.6

Totalfor Asia $1,906.4 $584.1 $2,490.5

16 International Finance Corporation


1
Original
commitments Investments heldfor IFC
Fiscalyears ofU.S.dollars)
(millions ofU.S.dollars)
(millions
inwhich
commitments Total Total Equity Totalloans
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans (atcost) andequity

Central Asia, the Middle East and North Africa


Algeria
Helios S.P.A. Chemicals and Petrochemicals FY93 10.0 - 8.7 - 8.7

8.7 - 8.7

Egypt
Abu Soma Development Company Hotels and Tourism FY94 0.6 - - 0.6 0.6
Al Bardi Paper Mill Company (S.A.E.) Timber, Pulp and Paper FY91 6.2 - 3.1 - 3.1
Alexandria Carbon Black Company, S.A.E. Oil Refining FY93 8.5 - 7.0 1.5 8.5
Alexandria National Iron & Steel Mining and Extraction FY84,91, 93, 31.4 - 20.0 11.4 31.4
Company S.A.E. of Metals and Other Ores 94,96
Apache Oil Egypt Inc. Mining and Extraction FY96 10.0 15.0 10.0 - 10.0
of Fuel Minerals
Club Ras Soma Hotel Company Hotels and Tourism FY94 8.0 4.2 5.6 2.4 8.0
Commercial International Bank S.A.E. of Egypt Financial Services FY94 15.6 - - 15.6 15.6
Crocodile Tourist Project Company S.A.E. Hotels and Tourism FY82, 89 3.0 - - 1.4 1.4
Delta Sugar Company S.A.E. Food and Agribusiness FY78, 83 14.5 8.0 - 2.5 2.5
Egyptian Tourism Investment Company, S.A.E. Financial Services FY92 2.0 - - 2.0 2.0
Ismailia Misr Poultry Company, S.A.E. Food and Agribusiness FY79, 83 7.6 - - - -
Meleiha Oil Development and Exploration Mining and Extraction FY87, 88, 93 41.7 - - 30.8 30.8
Project of Fuel Minerals
Misr Compressor Manufacturing Manufacturing FY92 12.6 - 8.8 3.8 12.6
Company (MCMC), S.A.E.
Misr Financial Investment Company Financial Services FY85 0.5 - - 0.1 0.1
Phoenix Resource Companies, Inc., The Mining and Extraction FY88, 96 50.0 30.0 20.0 10.0 30.0
of Fuel Minerals
Serena Beach Hotel S.A.E. Hotels and Tourism FY92 8.7 - 7.5 1.2 8.7

82.0 83.3 165.2

Jordan
Al Keena Hygienic Paper Mill Co. Ltd. Timber, Pulp and Paper FY95 8.0 - 8.0 - 8.0
Al-Hikma Pharmaceuticals (Jordan), Limited Chemicals and Petrochemicals FY87,91, 93,95 9.9 - 5.0 2.7 7.7
Indo-Jordan Chemicals Company Limited Fertilizers and FY95 30.0 - 30.0 - 30.0
Agricultural Chemicals
Jordan Mobile Telephone Services Infrastructure FY96 18.0 20.0 15.0 3.0 18.0
Company Limited
Modern Aluminum Industries Company Limited Manufacturing FY96 5.5 - 5.5 - 5.5

63.5 5.7 69.2


Kazakhstan
ABN-AMRO Bank (Kazakstan) Limited Financial Services FY94, 96 9.5 10.0 7.5 2.0 9.5

7.5 2.0 9.5


Kyrgyz Republic
Kumtor Gold Company Mining and Extraction FY95 40.0 - 40.0 - 40.0
of Metals and Other Ores

40.0 - 40.0
Lebanon
Bank of Beirut and the Arab Countries, S.A.L. Financial Services FY92,93 6.0 3.0 5.4 - 5.4
Banque Audi S.A.L. Financial Services FY92, 93 6.0 3.0 5.4 - 5.4

Central Asia, the Middle East and North Africa 17


Investment Portfolio
As of June 30, 1996

Originalcommitments' Investmentsheldfor IFC


Fiscalyears (millionsof U.S.dollars) Imillionsof U.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor other area,andobligor Sector were made IFC syndications Loans (at costl andequity

Lebanon (continued)
Banque du Liban et d'Outre Mer S.A.L. Financial Services FY93 3.6 1.8 3.2 - 3.2
Banque Libanaise pour le Commerce S.A.L. Financial Services FY94 6.0 3.0 5.6 - 5.6
Banque Libano-Fran,aise S.A.L. Financial Services FY92, 94 6.0 6.0 5.7 - 5.7
Byblos Bank S.A.L. Financial Services FY92, 93 6.0 3.0 5.4 - 5.4
Cimenterie Nationale Cement and FY95 20.0 30.0 20.0 - 20.0
Construction Materials
Fransabank S.A.L. Financial Services FY92,93,94 11.7 8.7 10.8 - 10.8
Lebanese Leasing Company Financial Services FY95 8.2 7.5 7.5 0.7 8.2
Societe Gdn6rale Libano-Europ4enne de Financial Services FY92, 94 6.0 6.0 5.7 - 5.7
Banque S.A.L.
Uniceramic S.A.L. Cement and FY93 4.0 2.0 2.8 - 2.8
Construction Materials

77.6 0.7 78.3


Morocco
Attijari Factoring Maroc Financial Services FY96 0.5 - - 0.5 0.5
Banque Marocaine du Commerce Exterieur, Financial Services FY92, 96 25.8 21.0 - 7.1 7.1
S.A. (BMCE)
Banque Nationale pour le Developpement Financial Services FY63, 78, 46.9 40.0 6.9 - 6.9
Economique 84,86
Ciments du Maroc Cement and FY92,94 25.2 8.7 21.6 - 21.6
Construction Materials
Compagnie Maritime Maroco-Norvegienne Infrastructure FY89 4.3 2.0 0.3 - 0.3
(COMARIT)
Credit Immobilier et H6telier Financial Services FY87, 90 67.5 78.4 43.0 - 43.0
Cerame Afrique Industries Cement and FY91 5.4 - - - -
Construction Materials
Euratlas Capital-Developpement Financial Services FY95 4.0 - - 4.0 4.0
Financiere Euratlas Financial Services FY95 0.1 - - 0.1 0.1
Internationale de Financement et de Participation Financial Services FY93 3.8 - - 3.3 3.3
Mediafinance S.A. Financial Services FY94, 96 1.2 - - 1.2 1.2
Settat Filature (SETAFIL) Textiles FY88, 93 4.7 - 3.4 1.2 4.6
Socitt ENNASR de P&he Food and Agribusiness FY91 2.5 - 1.3 - 1.3
Societe Miniere du Bou-Gaffer (SOMIFER) Mining and Extraction FY80 15.3 - - 2.3 2.3
of Metals and Other Ores

76.7 19.7 96.4


Oman
Oman ORIX Leasing Company SAOG Financial Services FY93 5.5 - 5.0 0.5 5.5
United Power Corporation Infrastructure FY95 19.0 57.0 15.0 4.0 19.0

20.0 4.5 24.5


Pakistan
AES Lalpir Limited Infrastructure FY95 49.5 - 40.0 9.5 49.5
AES Pak Gen (Private) Company Infrastructure FY96 29.5 50.0 20.0 9.5 29.5
Atlas Investment Bank Financial services FY96 8.5 2.5 8.5 - 8.5
Atlas Lease Limited Financial Services FY94 10.0 2.2 9.0 0.4 9.4
Bank of Khyber Financial Services FY96 10.0 - 10.0 - 10.0
Beaconhouse School System Industrial and FY96 7.0 3.0 7.0 - 7.0
Consumer Services

18 International Finance Corporation


Originalcommitments' Investments heldforIFC
Fiscalyears (millionsof U.S.dollars) (millionsofU.S.dollars)
in which
commitmnents Total Total Equity Totalloans
Country,regionorotherarea,andobligor Sector were made IFC syndications Loans iatcost) andequity

Pakistan (continued)
Bear Stearns Jahangir Siddiqui & Co., Limited Financial Services FY93, 96 1.1 - - 1.1 1.1
BRR Capital Modaraba Financial Services FY94 10.0 - 10.0 - 10.0
BSJS Balanced Fund (BBF), The Financial Services FY96 0.5 - - 0.5 0.5
BSJS-AIM Asset Management Company Financial Services FY95 0.3 - - 0.3 0.3
Central Depository Company of Pakistan Limited Financial Services FY93 0.2 - - 0.2 0.2
Crescent Greenwood Ltd. Textiles FY94 19.2 10.0 16.1 3.1 19.2
Crescent Investment Bank Financial Services FY96 16.0 5.0 16.0 - 16.0
D.G. Khan Cement Company Limited Cement and FY95, 96 30.5 40.0 25.0 5.5 30.5
Construction Materials
Equity International (Private) Limited Financial Services FY92 0.2 - - 0.2 0.2
Equity International Modaraba, Limited Financial Services FY92 0.8 - - 0.8 0.8
Exxon Chemical Pakistan Limited Fertilizers and FY91, 95 46.1 5.0 29.0 6.1 35.0
Agricultural Chemicals
Fauji Cement Ltd. Cement and FY94 29.0 20.0 24.0 5.0 29.0
Construction Materials
First Crescent Modaraba Financial Services FY96 5.0 3.8 5.0 - 5.0
First International Investment Bank Limited Financial Services FY90, 92, 96 10.0 2.5 8.5 1.5 10.0
First Leasing Corporation Limited Financial Services FY94 5.0 - 3.8 1.0 4.8
First UDL Modaraba Financial Services FY96 10.0 7.5 10.0 - 10.0
GeneralTyre and Rubber Company of Motor Vehicles and FY95 20.1 - 17.7 2.4 20.1
Pakistan Limited, The Components
GulAhmed Energy Limited Infrastructure FY96 31.1 35.0 27.0 4.1 31.1
Hala Spinning Limited Textiles FY89 3.9 - 4.0 - 4.0
Hoechst Pakistan Limited Chemicals and Petrochemicals FY94 - - 1.5 - 1.5
International Housing Finance Limited Financial Services FY92, 95 7.4 - 5.9 0.9 6.8
Kohinoor Energy Limited Infrastructure FY95 31.3 36.6 25.0 6.3 31.3
Maple-Leaf Cement Factory Limited Cement and FY94, 95 43.2 35.0 38.0 5.2 43.2
Construction Materials
Mari Gas Company Limited Mining and Extraction FY86,92 25.5 6.7 15.8 - 15.8
of Fuel Minerals
Millat Tractors Limited Motor Vehicles and FY88 4.9 - 1.5 - 1.5
Components
Mohib Textile Mills Limited Textiles FY94 2.4 - - 2.4 2.4
Muslim Commercial Bank Limited Financial Services FY93 15.0 10.0 14.1 - 14.1
National Development Leasing Corporation Financial Services FY85, 94 12.9 3.3 10.5 1.3 11.8
Limited
ORIX Investment Finance Company Financial Services FY96 0.6 - - 0.6 0.6
(Pakistan) Limited
Orix Leasing Pakistan Limited Financial Services FY94 12.5 3.3 10.5 1.3 11.8
Packages Limited Timber, Pulp and Paper FY65, 81, 82, 44.8 20.1 25.0 3.5 28.5
87,92, 94,95
Pak-Suzuki Motor Company Limited Motor Vehicles and FY90 11.0 - 5.9 - 5.9
Components
Pakistan Credit Rating Agency Financial Services FY94 0.2 - - 0.2 0.2
Pakistan Industrial & Commercial Leasing Limited Financial Services FY94 5.0 - 5.0 - 5.0
Pakistan Industrial Leasing Corporation Limited Financial Services FY91, 94, 95 15.5 2.2 11.6 1.0 12.7
Pakistan Petroleum Limited Mining and Extraction FY83, 85, 95 44.5 88.1 23.8 1.6 25.4
of Fuel Minerals
Pakistan Services Limited Hotels and Tourism FY93 15.0 - 12.0 3.0 15.0
Prudential Discount and Guarantee House Limited Financial Services FY91 0.4 - - 0.4 0.4
Regent Knitwear Limited Textiles FY94 15.5 4.8 15.0 - 15.0
Rupafab Limited Textiles FY96 12.2 - 11.0 1.2 12.2

Central Asia, the Middle East and North Africa 19


Investment Portfolio
As of June 30, 1996

1
Original
commitments Investments
heldforIFC
Fiscal
years (millions
ofU.S.
dollars) (millions
ofU.S.
dollars)
in which
commitments Total Total Equity Totalloans
Country,
region
orotherarea,andobligor Sector weremade IFC syndications Loans (atcost) andequity

Pakistan (continued)
Rupafil Limited Textiles FY93 17.0 - 12.5 0.3 12.9
Sarah Textiles Textiles FY93, 96 7.7 - 6.0 1.7 7.7
Second BRR Modaraba Financial Services FY96 5.0 3.8 5.0 - 5.0

546.3 81.8 628.1


Tunisia
Adwya S.A. Chemicals and Petrochemicals FY87,91 2.7 - 0.5 - 0.5
COMETE Engineering Industrial and FY87,93 + - - + +
Consumer Services
Iteal Sanitaire Cement and FY93 1.0 - - 1.0 1.0
Construction Materials
International Maghreb Merchant Bank S.A. Financial Services FY95 0.3 - - 0.3 0.3
Societe des Industries Textiles R6unies, S.A. Textiles FY88 2.1 - - 1.1 1.1
Societ6 Industrielle des Textiles (SITEX) Textiles FY86, 92 13.2 - 2.8 2.2 5.0
Soci&6 Miniere de Bougrine (SMB) Mining and Extraction FY92, 94 17.1 - 14.0 2.2 16.2
of Metals and Other Ores
Societ6 Monastirienne Internationale Textiles FY91 5.6 - 3.3 2.8 6.1
des Textiles
Soci6tes d'Etudes et de D6veloppement Hotels and Tourism FY73, 75 3.2 - - 0.6 0.6
de Sousse-Nord

20.6 10.2 30.8


Uzbekistan
Amantaytau Goldfields A.O. Mining and Extraction FY96 0.9 - - 0.9 0.9
of Metals and Other Ores
Uzbekistan Leasing Company Ltd. Financial Services FY96 0.6 - - 0.6 0.6

- 1.5 1.5
West Bank and Gaza
Arab PalestineInvestmentBank FinancialServices FY96 3.8 - - 3.8 3.8

- 3.8 3.8
Regional
Emerging Middle East Fund Financial Services FY95 7.2 - - 7.2 7.2
Framlington Maghreb Fund Financial Services FY95 6.1 - - 6.1 6.1
Framlington Maghreb, S.A. Financial Services FY95 + - - + +
Inter Arab Rating Company Financial Services FY96 1.0 - - 1.0 1.0
Middle East Capital Group Financial Services FY96 3.0 - - 3.0 3.0

- 17.3 17.3

Totalfor Central
Asia,theMiddleEastandNorthAfrica $942.8 $230.6$1,173.4

20 International Finance Corporation


Original
commitments' heldforIFC
Investnents
Fscal
years ofU.S.dollars)
(millions ofU.S.
(millions dollars)
inwhich
commitments Total Total Equoi Totalloans
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans (atcost) andequity

Europe
Bosnia and Herzegovina
Sour Energoinvest Manufacturing FY85 15.2 - 10.0 - 10.0
Tvornica Kartona I Ambalaze Cazin Timber, Pulp and Paper FY77 10.8 7.4 4.4 - 4.4

14.3 - 14.3

Bulgaria
EuroMerchant Balkan Fund SICAV Financial Services FY95 5.0 - - 5.0 5.0

- 5.0 5.0

Cyprus
Dome Investments Limited Hotels and Tourism FY83 1.5 - - 0.3 0.3
Leptos Calypso Hotels Limited Hotels and Tourism FY91 8.8 - 7.6 - 7.6

7.6 0.3 7.9


Czech Republic
Beronit a.s. Cement and FY95 5.0 - 4.6 - 4.6
Construction Materials
C.S. Cabot Spol. sr.o. Oil Refining FY93 15.0 - 13.2 - 13.2
Cementarny a Vapenky Mokra A.S. Cement and FY92 17.2 - - 17.6 17.6
Construction Materials
EZANOVA Sumperk a.s. Cement and FY95 5.6 - 5.3 - 5.3
Construction Materials
Hayes Wheels Autokola Nova Hut, a.s. Motor Vehicles and FY94 16.4 22.1 16.8 - 16.8
Components
Plzensky Prazdroj, a.s. Food and Agribusiness FY96 39.5 19.8 39.2 - 39.2
Zivnostenska Banka Financial Services FY92 6.4 - - 5.4 5.4

79.0 23.0 102.0


Estonia
Estonia Industrial Leasing Ltd. Financial Services FY95 0.3 - - 0.3 0.3
Kunda Nordic Cement A.S. Cement and FY94 10.0 - 6.0 4.0 10.0
Construction Materials
Oy RUDUS Ab Cement and FY95 1.5 - - 1.5 1.5
Construction Materials

6.0 5.7 11.7


Hungary
Agroferm Hungarian-Japanese Food and Agribusiness FY87 11.3 - 6.0 2.7 8.7
Fermentation Industry Ltd.
Albadomu Malatatermelo Es Kereskedelmi BT Food and Agribusiness FY94 7.4 - 5.4 2.0 7.4
Financial Services
Creditanstalt Advent Hungary Private Equity Fund FY96 2.5 - - 2.5 2.5
Dexter Mold Making Company Limited Manufacturing FY90 3.9 - - 0.9 0.9
Dunastyr Polisztirolgyarto Rt. Chemicals and FY89 18.0 14.4 8.4 3.8 12.1
Petrochemicals
Euroventures Hungary B.V. Financial Services FY92 2.7 - - 2.7 2.7
First Hungarian Investment Advisory Rt. Financial Services FY90 + - - + +
First Hungary Fund Limited, The Financial Services FY90 7.5 - - 3.8 3.8
Hungarian Telecommunications Company Limited Infrastructure FY94,96 78.5 50.0 50.0 28.5 78.5
Inter-Europa Bank RT Financial Services FY96 10.0 5.0 10.0 - 10.0

Europe 21
Investment Portfolio
As of June 30, 1996

Original
commitments' InvestmentsheldforIFC
Fiscal
years (millions
ofU.S.dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equity Total
loans
Country,
regionorotherarea,andobligor Sector weremade IFC syndications Loans (atcost) andequity

Hungary (continued)
Magyar Suzuki Corporation Motor Vehicles and FY91 38.7 - - 6.5 6.5
Components
Mirelite Budapest Frozen Food Company, Inc. Food and Agribusiness FY94 9.0 - 6.0 3.0 9.0
Papa Regional Telephone Company Rt. Infrastructure FY94 0.5 - - 0.5 0.5
Salgotarjan Glass Wool Limited Manufacturing FY88, 89,92 5.5 - 1.0 2.0 3.0
Unicbank Rt. Financial Services FY87,92 13.2 - 5.0 - 5.0
Westel 900 GSM Mobil Tavkozlesi Rt. Infrastructure FY95 39.0 - 35.0 4.0 39.0

126.7 62.9 189.6


Latvia
Tilts Communications A/S Infrastructure FY92, 95 19.1 - 5.4 13.7 19.1

5.4 13.7 19.1


Lithuania
Liteksas Ir Calw A.B. Textiles FY96 10.8 - 9.6 1.0 10.6

9.6 1.0 10.6


Poland
Amoco Poland Limited Liability Company Mining and Extraction FY95 8.7 - - 8.7 8.7
of Fuel Minerals
Bona Sp. z o. o. Food and Agribusiness FY94 2.0 - 2.0 - 2.0
Chemagev, Limited Industrial and FY92 3.9 7.6 1.6 0.9 2.5
Consumer Services
Export Development Bank* Financial Services FY90 19.1 - 12.3 - 12.3
Gaspol S.A. Infrastructure FY96 25.0 - 20.0 5.0 25.0
Globi Sp. z o.o. Industrial and FY95 10.0 - - 10.0 10.0
Consumer Services
Handlowy-Heller S.A. Financial Services FY94 0.6 - - 0.6 0.6
Huta L.W. Sp. z o.o. Mining and Extraction FY93 42.8 - 37.6 4.7 42.3
of Metals and Other Ores
Intercell Spolka z o.o. Timber, Pulp and Paper FY95 7.0 - - 7.0 7.0
International Bank in Poland (IBP) Financial Services FY91 3.2 - - 3.2 3.2
International Paper - Kwidzyn S.A. Timber, Pulp and Paper FY95 24.0 18.8 24.0 - 24.0
ITAL-POL Company Ltd.** Manufacturing FY90 - - + - +
Mariusz Malkiewicz** Food and Agribusiness FY90 - - + - +
Nesky Inc. Motor Vehicles and FY95 2.1 - 1.6 0.5 2.1
Components
Philips Lighting Poland S.A. Manufacturing FY92 15.0 - 11.3 - 11.3
Pilkington Sandoglass Sp. z o.o. Manufacturing FY93 44.7 26.7 33.6 8.3 41.8
Piotr Ostrowski Partnership in Wetlina Hotels and Tourism FY90 + - 0.1 - 0.1
Poland Investment Fund L.P. Financial Services FY95 2.3 - - 2.3 2.3
Przedsiebiorstwo Przemyslu Miesnego Food and Agribusiness FY94 5.5 - 4.5 1.0 5.5
W Opolu Spolka Akcyjna
Rybka Ironwork*' Mining and Extraction FY90 - - + - +
of Metals and Other Ores
Star Foods Limited** Food and Agribusiness FY94 - - 0.4 - 0.4
THF Hotel Orbis Bristol Limited Liability Hotels and Tourism FY91 10.7 - 8.0 - 8.0
Company

157.1 52.2 209.3

22 International Finance Corporation


Original
commitments' Investments
heldforIFC
Ftscal
years (millions
ofU.S.dollars) Imillions
ofU.S.
dollars)
inwhich
commiments Total Total Equity Totalloans
regionorotherarea,andobligor
Coustry, Sector weremade IFC syndications Loans tatcost) andequity

Portugal
Al Hikma Farmaceutica (Portugal), Limitada Chemicals and Petrochemicals FY91 2.0 - 1.4 - 1.4
Banco Finantia S.A. Financial Services FY88,90,91,94 10.1 - - 10.1 10.1
Banco Portugues de Investimento Financial Services FY82, 85, 87, 88, 22.7 2.0 0.6 - 0.6
88,90,91
Uniao Industrial Textil e Quimica, S.A. Chemicals and FY90 6.6 - 3.5 - 3.5
Petrochemicals

5.5 10.1 15.6


Romania
Alcatel Network Systems Romania S.A. Infrastructure FY92 2.6 - - 0.7 0.7
Romlease S.A. Financial Services FY95 5.5 - 5.0 0.5 5.5

5.0 1.1 6.1


RussianFederation
Alpha Cement Open Joint Stock Company Cement and FY96 13.3 - - 13.3 13.3
Construction Materials
Depsona z.a.o. Food and Agribusiness FY96 8.3 - 5.3 1.5 6.8
First NIS Regional Fund Financial Services FY95 15.0 - - 15.0 15.0
Framlington Russian Investment Fund Financial Services FY94 8.0 - - 8.0 8.0
International Moscow Bank Financial Services FY94 15.0 - 14.4 - 14.4
National Registry Company, The Financial Services FY95 1.5 - - 1.5 1.5
Nizhniy Newsprint Holdings Limited Timber, Pulp and Paper FY95 41.0 45.0 30.0 11.0 41.0
Polar Lights Company Mining and Extraction FY94 60.0 - 37.9 - 37.9
of Fuel Minerals
Russian Technology Fund Financial Services FY96 2.0 - - 2.0 2.0
Russian Telecommunications Development Infrastructure FY95 7.5 - - 7.5 7.5
Corporation
Savvinskaya-Seiyo Company Industrial and FY96 7.7 - 7.7 - 7.7
Consumer Services
Sector Capital Development Company Limited Financial Services FY96 0.5 - - 0.5 0.5
Sector Capital Fund Limited Financial Services FY96 4.5 - - 4.5 4.5
Vasyugan Services Joint Enterprise Mining and Extraction FY95 9.0 - 8.1 - 8.1
of Fuel Minerals
103.4 64.8 168.2
Slovenia
Delo Pre-Press Modernization Manufacturing FY91 3.9 - 1.3 - 1.3
ISKRA Manufacturing FY85, 89 23.5 10.6 1.2 - 1.2
L.B. Leasing D.o.o. Ljubljana Financial Services FY95 3.6 3.6 3.3 - 3.3
Ljubljanska Banka - Intermarket Factoring Financial Services FY95 0.2 - - 0.2 0.2
Salonit Anhovo Industrija Grad Materiala Cement and FY74, 90 10.1 7.5 2.9 - 2.9
Construction Materials
Slovenian Development Capital Fund Limited Financial Services FY95 5.0 - - 5.0 5.0
Tovarna Avtomobilov in Motorjev Motor Vehicles and FY71,87 36.0 0.9 4.4 - 4.4
Maribor/Klockner Humboldt-Deutz, A. Components
UNIAL - Tovarna Glinice in Aluminija Mining and Extraction FY87 35.6 - 6.0 - 6.0
Boris Kidric of Metals and Other Ores

19.0 5.2 24.2

Europe 23
Investment Portfolio
As of June 30, 1996

Orginal commitments' Investmentsheldfor IFC


Fiscalyears (millionsof U.S.dollars) Imillionsof U.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor otherarea,and obligor Sector weremade IFC syndications Loans (atcost) and equity

Turkey
Arcelik, A.S. Manufacturing FY96 48.0 40.0 48.0 - 48.0
Assan Demir ve Sac Sanayi A.S. Mining and Extraction FY94 15.4 - 15.6 - 15.6
of Metals and Other Ores
Aytac Dis Ticaret Yatirim Sanayi A.S. Food and Agribusiness FY94 10.0 10.0 7.3 2.0 9.3
Bank Ekspres Financial Services FY96 10.0 - 10.0 - 10.0
Borcelik Celik Sanayii Ticaret A.S. Mining and Extraction FY95, 96 32.6 - 25.0 7.6 32.6
of Metals and Other Ores
Cayeli Bakir Isletmeleri A.S. Mining and Extraction FY93 30.0 45.0 30.0 - 30.0
of Metals and Other Ores
CBS Boya Kimya Sanayii ve Ticaret A.S. Manufacturing FY95,96 0.7 - - 3.7 3.7
CBS Holding A.S. Manufacturing FY94 15.0 - 9.0 - 9.0
CBS Printas Baski Murekkepleri ve Gerecleri A.S. Manufacturing FY96 - - - 0.6 0.6
Cerrahogullari T.A.S. Infrastructure FY94 8.8 - 6.6 - 6.6
Coats (Turkiye) Iplik Sanayii A.S. Textiles FY89 7.7 - 0.9 - 0.9
Demirbank T.A.S. Financial Services FY94 15.0 35.0 10.7 - 10.7
Eczacibasi Ilac Sanayi ve Ticaret A.S.** Chemicals and Petrochemicals FY90 - - 0.8 - 0.8
Elbo Gaz Mamulleri ve Kontrol Cihazlari Manufacturing FY92 14.7 4.6 8.8 - 8.8
Sanayi ve Ticaret A.S.
Elginkan Holding A.S. Manufacturing FY88, 93 30.9 - 11.3 - 11.3
F S P Turizm ve Yatirim A.S. Hotels and Tourism FY90 12.2 - 12.0 - 12.0
Garanti Finansal Kiralama A.S. Financial Services FY95 7.0 - 7.0 - 7.0
Global Securities Inc. Financial Services FY94, 95, 96 2.8 - - 2.5 2.5
Guney Sanayi ve Ticaret Isletmereli A.S. Textiles FY87 16.5 - 2.8 - 2.8
Heller Factoring, A.S. Financial Services FY92 0.5 - - 0.5 0.5
Is Genel Finansal Kiralama A.S. Financial Services FY88, 90, 93 4.9 - 3.1 - 3.1
Isko Testil Sanayi ve Ticaret A.S. Textiles FY89 33.2 - 4.3 - 4.3
Kepez Elektrik T.A.S. Infrastructure FY91 20.2 - 18.2 - 18.2
Kiris Otelcilik ve Turizm A.S. Hotels and Tourism FY89, 90 21.9 - 24.9 - 24.9
Kirklareli Cam Sanayii A.S. Manufacturing FY81, 89 31.5 1.7 4.2 - 4.2
Koy-Tur Holding A.S. Food and Agribusiness FY91, 92 12.7 - 7.8 4.1 11.9
Kula Mensucat FabrikasiA.S. Textiles FY91 19.4 - 19.1 - 19.1
Medya Holding A.S. Manufacturing FY93, 96 28.6 - 14.5 - 14.5
Mis Sut Sanayii, A.S. Food and Agribusiness FY92, 96 15.9 - 6.0 5.9 11.9
NASCO Nasreddin Holding A.S. Textiles FY92 17.5 5.0 15.0 2.5 17.5
Pinar Entegre ET ve Yem Sanayii A.S. Food and Agribusiness FY84, 94 10.9 - 5.2 - 5.2
Pinar Sut Mamulleri Sanayii A.S. Food and Agribusiness FY94 7.5 - 5.6 - 5.6
Ram Dis Ticaret A.S. Financial Services FY89, 92 18.2 56.5 15.0 - 15.0
Sanko Santral Konfeksiyon Sanayii ve Ticaret A.S. Textiles FY89 6.4 - 5.3 - 5.3
Sariville Turistik Tesisler A.S. Hotels and Tourism FY89 4.8 - 1.2 - 1.2
Silkar Turizm Yatirim ve Isletmeleri A.S. Hotels and Tourism FY86, 90 19.3 9.8 6.4 4.9 11.3
Tekfen Investment Bank Financial Services FY96 5.0 - 5.0 - 5.0
Trakya Cam Sanayii A.S. Manufacturing FY79, 83, 84, 66.0 31.4 8.2 6.2 14.4
89,91,96
Turk Ekonomi Bankasi Financial Services FY95 12.5 12.5 12.5 - 12.5
Turkey Life Insurance Company A.S. Financial Services FY96 0.4 - - 0.4 0.4
Turkiye Garanti Bankasi A.S. Financial Services FY93 20.0 80.0 20.0 - 20.0
Turkiye Sinai Kalkinma Bankasi, A.S. Financial Services FY64, 67, 69, 19.7 45.0 - - -
72, 73, 75, 76,
80,83,92
Turkiye Sise ve Cam Fabrikalari A.S Manufacturing FY93 10.8 10.0 5.4 - 5.4
Turk Demir Dokum Fabriklari A.S. Manufacturing FY96 2.0 - 2.0 - 2.0

24 International Finance Corporation


Originalcommitments' Investments heldforIFC
Fiscalyears of U.S.dollars)
Imillions (millionsof U.S.dollars)
inwhich
commitments Total Total Equity Totalloans
regionorotherarea,andobligor
Country, Sector weremade IFC syndications Loans (atcost) andequity

Turkey(continued)
Yalova Elyafve IplikA.S. Textiles FY96 15.0 8.0 15.0 - 15.0
Yeditepe Beynelmilel Otelcilik Turizm ve Hotels and Tourism FY90,94 29.6 27.5 23.2 4.0 27.2
Ticaret A.S.

453.1 45.0 498.1

Ukraine
Ukraine Fund Financial Services FY94 2.0 - - 2.0 2.0

- 2.0 2.0

Yugoslavia,FederalRepublicof
(Serbiaand Montenegro)
Institut Za Fizikalnu Medicinu I Industrial and FY82, 88 19.1 - 11.1 - 11.1
Rehabilitaciju - Dr. Simon Milosev Consumer Services
Investiciona Banka Titograd-Udruzena Banka Hotels and Tourism FY80 21.0 - 2.0 - 2.0
Jugobanka - Udruzena Banka Beograd Financial Services FY86 25.4 10.4 5.6 - 5.6
Loan to Eight Banks for Small-Scale Financial Services FY80 26.0 4.2 1.1 - 1.1
3
Enterprises
Radoje Dakic Manufacturing FY80 18.7 - 1.2 - 1.2
Vojvodjanska Banka-Udruzena Banka Financial Services FY87, 89 56.0 31.2 52.3 - 52.3

73.2 - 73.2

Regional
Advent Central Europe Management L.P. Financial Services FY95 + - - + +
Advent Private Equity Fund - Central Europe L.P. Financial Services FY95 10.0 - - 10.0 10.0
Alliance ScanEast Fund, L.P. Financial Services FY94 4.0 - - 4.0 4.0
Central Europe Telecom Investments, L.P. Financial Services FY94 10.0 - - 10.0 10.0
Czech and Slovak Private Equity Fund L.P. Financial Services FY95 2.5 - - 2.5 2.5
New Europe-East Investment Fund Financial Services FY93 10.0 - - 10.0 10.0
Pam Gas BV Infrastructure FY93,94,95 13.5 - - 13.5 13.5
Renaissance Capital Financial Services FY94 5.0 - - 5.0 5.0

- 55.0 55.0

Total for Europe $1,064.9 $347.1 $1,412.0

Europe 25
Investment Portfolio
As of June 30, 1996

Originral
commitments' InvestmennsheldforIFC
Fiscalyears Imillions
ofU.S.
dollars) (millions
ofU.S.
dollars)
inwhich
commitamnts Total Total Equity Totalloans
Country,
regionorotherarea,andobligor Sector weremade IFC syndicatons Loans lotcoat andequity

LatinAmericaandthe Caribbean
Argentina
Aceitera General Deheza S.A. and Aceitera Food and Agribusiness FY95 25.0 15.0 15.0 10.0 25.0
Chabas S.A.
Acindar Industria Argentina de Aceros, S.A. Mining and Extraction FY60, 95 27.9 20.7 25.0 - 25.0
of Metals and Other Ores
Aguas Argentinas Infrastructure FY95,96 85.0 307.5 78.0 7.0 85.0
Algodonera Santa Fe S.A.** Textiles FY90 - - 0.4 - 0.4
Alpargatas S.A.I.C. Textiles FY77, 84, 86, 66.3 36.5 26.1 2.4 28.5
88,94
Alto Parana S.A. Timber, Pulp and Paper FY93, 96 4.2 - 2.5 19.5 22.0
Argentine Equity Investments I Limited, The Financial Services FY94 4.0 - - 4.0 4.0
Astra - Compafiia Argentina de Petr6leo Mining and Extraction FY89, 92 50.0 43.0 16.0 - 16.0
S.A. of Fuel Minerals
Banco de Cr6dito Argentino S.A. Financial Services FY91 10.0 - 2.5 - 2.5
Banco Frances del Rio de la Plata S.A Financial Services FY89 15.0 - 5.4 - 5.4
Banco General de Negocios S.A. Financial Services FY94 15.0 - 15.0 - 15.0
Banco Roberts S.A. Financial Services FY95 20.0 - 20.0 - 20.0
Banco Rio de la Plata, S.A. Financial Services FY88, 92 50.0 - 17.9 - 17.9
Bolland & Cia., S.A.** Hotels and Tourism FY89, 93 - - 0.3 - 0.3
Bridas S.A.P.I.C. Mining and Extraction FY93, 96 80.0 100.0 46.6 25.0 71.6
of Fuel Minerals
Buenos Aires New York Life Seguros de Financial Services FY95 3.6 - - 3.6 3.6
Vida S.A., La
Buenos Aires S.A. Retiro, La Financial Services FY95 1.2 - - 1.2 1.2
Bunge y Born S.A. Food and Agribusiness FY88,93 63.0 57.5 4.8 - 4.8
Cadipsa S.A. Mining and Extraction FY93 20.0 13.0 15.0 - 15.0
of Fuel Minerals
Cattorini Hnos. S.A.** Manufacturing FY86 - - 0.1 - 0.1
CCBA S.A. (Brahma-Argentina) Food and Agribusiness FY96 18.5 33.0 18.5 - 18.5
Cencosud, S.A.** Industrial and FY89 - - 0.1 - 0.1
Consumer Services
Cerveceria y Malteria Quilmes S.A. Food and Agribusiness FY94 15.0 15.0 13.4 - 13.4
Ceramica Zan6n S.A.C.I. y M. Cement and FY96 20.0 - 20.0 - 20.0
Construction Materials
Colortex S.A.*` Textiles FY88 - - 0.1 - 0.1
Comesi S.A.I.C.** Manufacturing FY89 - - 0.5 - 0.5
Compafifa Americana de Supermercados S.A. Industrial and FY95 28.0 - 28.0 - 28.0
Consumer Services
Compafiia Elaboradora de Productos Food and Agribusiness FY95 15.0 6.0 13.7 - 13.7
Alimenticios S.A.
Companaia General de Combustibles S.A. Mining and Extraction FY94 40.0 40.0 21.2 15.0 36.2
of Fuel Minerals
Corporaci6n de Inversiones y Privatizaci6n S.A. Financial Services FY90 0.1 - - 0.1 0.1
Corporaci6n General de Alimentos Food and Agribusiness FY88 - - 0.1 - 0.1
Noroeste, S.A.**
Cia. Industrial Lanera S.A. (Cilsa)** Textiles FY88 - - + - +
Empresa Distribuidora Norte S.A. Infrastructure FY94, 96 45.0 128.0 37.8 - 37.8
Emprigas S.A.** Infrastructure FY93 - - 0.6 - 0.6
Ferroexpreso Pampeano, S.A.C. Infrastructure FY93 13.0 20.0 11.4 - 11.4

26 International Finance Corporation


commitments'
Original Investments heldfor IFC
Fiscalyears of U.S.dollars)
(millions of U.S.dollars)
(millions
inwhich
commitments Total Total Equity Totalloans
regionorotherarea,andobligor
Country, Sector were made IFC syndications Loans (atcost) andequity

Argentina (continued)
Ferrum S.A.` Cement and FY94 - - 1.2 - 1.2
Construction Materials
Finca Flichman, S.A.** Food and Agribusiness FY88,89 - - 0.3 - 0.3
Fracchia Hnos. S.A.** Infrastructure FY89 - - 0.3 - 0.3
Frigorifico Rioplatense S.A.I.C.I.F. Food and Agribusiness FY92 13.0 4.0 7.3 1.0 8.3
Frigorifico Toba, S.A.*` Food and Agribusiness FY90 - - 0.2 - 0.2
Grunbaum, Rico y Daucourt S.A.I.C. y E Manufacturing FY96 10.0 5.0 10.0 - 10.0
Guilford Argentina S.A.`* Textiles FY91 - - 0.3 - 0.3
5 - - 0.4 - 0.4
Industrial Alimenticia S.A., La` Food and Agribusiness FY93
5 FY89 - - 0.5 - 0.5
Inta S.A." Textiles
5 Timber, Pulp and Paper FY93 - - 0.8 - 0.8
Interpack, S.A."
Juan Minetti S.A. Cement and FY78, 81, 86, 47.8 97.5 14.4 - 14.4
Construction Materials 87, 93, 94, 96
5 FY92 - - 0.1 - 0.1
Jugos del Sur, S.A.` Food and Agribusiness
Kleppe S.A. and El Caldero S.A. Food and Agribusiness FY95 6.0 - 6.0 - 6.0
Longvie Parana, S.A.** Manufacturing FY93 - - 0.6 - 0.6
Malteria Pampa S.A. Food and Agribusiness FY93, 96 19.0 12.0 14.6 - 14.6
Masisa-Argentina, S.A. Timber, Pulp and Paper FY94 11.0 - 10.3 - 10.3
Mastellone Hermanos S.A. Food and Agribusiness FY95 40.0 35.0 40.0 - 40.0
Maxima S.A. AFJP Financial Services FY95 14.2 - - 14.2 14.2
MBA Sociedad de Bolsa S.A. Financial Services FY92 0.2 - - 0.2 0.2
Mendoza Refrescos, S.A.*- Food and Agribusiness FY93 - - 0.6 - 0.6
Molinos Rio de la Plata S.A. Food and Agribusiness FY93, 94 2.3 - - 5.5 5.5
Nahuelsat S.A. Infrastructure FY95 35.0 - 30.0 5.0 35.0
Nuevo Central Argentino S.A. Infrastructure FY93 13.0 15.0 8.1 3.0 11.1
Oleaginosa Oeste, S.A. Food and Agribusiness FY92 20.0 15.0 13.4 - 13.4
Parafina del Plata, S.A.** Chemicals and FY89 - - 0.9 - 0.9
Petrochemicals
Petroken Petroquimica Ensenada S.A. Chemicals and FY90, 95 40.0 11.0 31.7 - 31.7
Petrochemicals
Petrolera Argentina San Jorge S.A. Mining and Extraction FY92, 93 42.0 35.0 11.3 27.0 38.3
of Fuel Minerals
Productos Pulpa Moldeada, S.A.I.C.** Timber, Pulp and Paper FY88 - - 0.1 - 0.1
Roberts Participaciones S.A. Financial Services FY86 0.1 - - 0.1 0.1
S.A. de Inversiones de Capital de Riesgo Financial Services FY86 1.0 - -

S.A. Genaro Garcia Limitada C.I.E. e. L** Food and Agribusiness FY92 - - 1.0 - 1.0
55 - - 0.1 - 0.1
San Sebastian S.A.I.C.I.R y A. Food and Agribusiness FY88
Sancor Cooperativas Unidas Limitada Food and Agribusiness FY95 40.0 30.0 40.0 - 40.0
Sideco Americana S.A. Infrastructure FY96 - - - 15.0 15.0
Socma Americana S.A. Infrastructure FY95 40.0 60.0 25.0 - 25.0
5 FY93 - - 0.1 - 0.1
Surfactan S.A." Chemicals and Petrochemicals
5 FY91 - - 0.3 - 0.3
TBR, S.A." Manufacturing
Terminal 6 S.A. Infrastructure FY87, 90, 91, 96 23.0 6.5 10.8 - 10.8
Terminales Portuarias Argentinas S.A. Infrastructure FY96 12.0 - 10.0 2.0 12.0
5 - - + - +
Tevycom Fapeco S.A." Manufacturing FY88
Tower Fund, L.P., The Financial Services FY95 20.0 - - 20.0 20.0
Tower Investment Management Company, The Financial Services FY95 0.2 - - 0.2 0.2
Valley Evaporating Company, S.A.*- Food and Agribusiness FY88 - - 0.1 - 0.1
Vandenfil, S.A.I.C.I.F. y A.** Textiles FY88 - - 0.1 - 0.1
U7illmor S.A." Food and Agribusiness FY90 - - 1.0 - 1.0
Yacylec S.A. Infrastructure FY94 20.0 45.0 9.9 5.0 14.9

757.3 185.9 943.2

Latin America and the Carribbean 27


Investment Portfolio
As of June 30, 1996

Original
commitnents' Investments
heldforIFC
Fiscal
years (millions
ofU.S.
dollarsl Imillions
ofU.S.
dollars)
inwhich
commitments Total Total Equity Total
loans
Country,
region
orotherarea.andobligor Sector weremade IFC syndicatons Loans (atcost) andequity

Barbados
Almond Resorts, Inc. Hotels and Tourism FY95 7.0 - 7.0 - 7.0
Caribbean Financial Services Corporation Financial Services FY84 0.3 - - 0.3 0.3

7.0 0.3 7.3


Belize
Belize Electric Company Limited Infrastructure FY93 15.0 11.0 14.5 - 14.5
Journeys End Caribbean Club Limited Hotels and Tourism FY91 1.0 - - - -

14.5 - 14.5
Bolivia
Banco Industrial, S.A. Financial Services FY76, 88, 91, 28.3 10.0 17.1 2.7 19.8
92,95
Banco Mercantil S.A. Financial Services FY96 10.0 - 10.0 - 10.0
Bermejo Petroleum Development & Mining and Extraction FY91 9.9 - 2.0 5.9 7.9
Exploration of Fuel Minerals
Central Aguirre Portuaria, S.A. Infrastructure FY92 2.5 - 1.5 0.4 1.9
Compafiia Boliviana de Gas Natural Chemicals and FY93 2.9 - 2.7 - 2.7
Comprimido S.A. Petrochemicals
Compatia Minera Concepcion S.A. Mining and Extraction FY88 1.2 - - 0.4 0.4
of Metals and Other Ores
Compania Minera del Sur, S.A. Mining and Extraction FY92,90, 30.6 5.0 21.2 3.0 24.2
of Metals and Other Ores 94,96
Empresa Minera Inti Raymi, S.A. Mining and Extraction FY92 40.0 - 25.0 - 25.0
of Metals and Other Ores
Minproc Bolivia S.A. Mining and Extraction FY92 1.0 - - 0.7 0.7
of Metals and Other Ores
Plasmar, S.A. Manufacturing FY73 0.4 - - 0.1 0.1

79.6 13.1 92.8


Brazil
Amapa Florestal e Celulose S.A. - AMCEL Timber, Pulp and Paper FY87 14.0 - 1.4 - 1.4
Bacell Servicos e Industria Limitada Timber, Pulp and Paper FY94 24.7 36.0 14.0 10.7 24.7
Bahia Sul Celulose, S.A. Timber, Pulp and Paper FY90,91,93 61.0 60.0 25.0 21.0 46.0
Bahia Sul Celulose, S.A.` Timber, Pulp and Paper FY94 - - 7.5 - 7.5
Banco Bozano, Simonsen S.A. Financial Services FY88 20.0 - 1.0 - 1.0
Banco Bradesco, S.A.* Financial Services FY92 60.0 - 26.0 - 26.0
Banco Itau, S.A. Financial Services FY88 29.1 - 1.7 - 1.7
Brasilpar Com6rcio e Participacoes S.A. Financial Services FY81 1.2 - - 0.2 0.2
Brazilian Investment Fund, Inc., The Financial Services FY92 3.0 - - 3.0 3.0
Cambuhy M.C. Industrial Ltda. Food and Agribusiness FY95 30.0 - 28.1 - 28.1
CerAmicaPortobello S.A. Cement and FY95 22.0 - 17.0 5.0 22.0
Construction Materials
Ceval Alimentos S.A. Food and Agribusiness FY93, 96 90.0 130.0 73.3 10.0 83.3
Chapeco Companhia Industrial de Alimentos Food and Agribusiness FY94, 96 31.9 5.0 25.0 - 25.0
Cimento Caue S.A. Cement and FY82, 87 23.3 20.0 - 3.3 3.3
Construction Materials
Companhia Brasileira deAgropecuaria - Food and Agribusiness FY81 7.5 - 0.7 - 0.7
COBRAPE
Companhia Central Brasileira Textiles FY93 10.0 - 4.2 4.0 8.2
de Acabamentos Texteis
Companhia Cervejaria Brahma Food and Agribusiness FY95 35.0 123.0 35.0 - 35.0

28 International Finance Corporation


Odginalcommitments' Investments heldfor FC
Fiscalyears (millions
of U.S.dollars) (millionsofU.S.dollars)
in which
commitments Total Total Equity Totalloans
Country,regionor other area,andobligor Sector were made IFC syndications Loans lat cost) andequity

Brazil (continued)
Companhia Petroquimica Camacari (CPC) Chemicals and FY92,95 12.9 - - 12.9 12.9
Petrochemicals
COPENE - Petroquimica do Nordeste S.A. Chemicals and FY89 45.0 5.0 18.2 - 18.2
Petrochemicals
CRP-Caderi Capital de Risco S.A. Financial Services FY95 2.0 - - 2.0 2.0
Dende do Para S/A- DENPASA - Food and Agribusiness FY80,94 5.3 - 0.7 1.1 1.8
Agricultura, Industria e Comercio de Olea
Duratex S.A. Timber, Pulp and Paper FY88 7.4 - 0.4 - 0.4
Eluma S.A. Industria e Com6rcio Mining and Extraction FY89 16.4 - 9.4 - 9.4
of Metals and Other Ores
Empresa de Desenvolvimento Mining and Extraction FY73,78,83 9.3 54.0 - 4.3 4.3
de Recursos Minerais (CODEMIN) S.A. of Metals and Other Ores
Engepol Engenharia de Polimeros Manufacturing FY91 3.5 - 2.2 - 2.2
Eucatex do Sul S.A."* Timber, Pulp and Paper FY95 - - 7.5 - 7.5
Gavea Hotelaria e Turismo S.A. Hotels and Tourism FY94 16.8 7.5 16.8 - 16.8
Globo Cabo S.A. Infrastructure FY95 45.0 80.0 35.0 10.0 45.0
GP Capital Partners, L.P. Financial Services FY94 20.0 - - 19.5 19.5
Hering Textile4* Textiles FY95 - - 7.5 - 7.5
Industrias Romi S.A.** Manufacturing FY93 - - 3.6 - 3.6
Ipiranga Petroquimica S.A. Chemicals and Petrochemicals FY80,87 21.0 28.0 - 6.0 6.0
J. Macedo Alimentos S.A. Food and Agribusiness FY93 24.0 10.0 22.4 - 22.4
Latas de Aluminio S.A. Manufacturing FY95 21.0 5.0 21.0 - 21.0
Lojas Americanas S.A. Industrial and FY96 33.0 20.0 33.0 - 33.0
Consumer Services
Mallory Limitada Manufacturing FY96 12.0 - 8.0 4.0 12.0
Minerac,es Brasileiras Reunidas S.A. Mining and Extraction FY88,92,93 55.0 27.0 31.2 - 31.2
of Metals and Other Ores
Nitroclor Produtos Quimicos S.A. Chemicals and Petrochemicals FY86 7.4 - - 5.6 5.6
OPP Petroquimica S.A. Chemicals and Petrochemicals FY80,88 32.6 - 2.8 1.6 4.4
Oxiteno Nordeste S.A. Industria e Comercio Chemicals and Petrochemicals FY75,96 39.6 - 30.0 - 30.0
Papel e Celulose Catarinense, S.A. Timber, Pulp and Paper FY66,69,89 19.5 2.6 3.5 - 3.5
Para Pigmentos S.A. Mining and Extraction FY95 39.0 35.0 30.0 9.0 39.0
of Metals and Other Ores
Perdigao S.A. Comercio e Inddstria Food and Agribusiness FY88,96 57.9 20.0 35.0 10.0 45.0
Petroflex Induistria e Comercio S.A.** Chemicals and Petrochemicals FY96 - - 7.5 - 7.5
PISA - Papel de Imprensa S.A. Timber, Pulp and Paper FY83,85,88 55.9 31.7 5.5 3.9 9.4
Politeno Indiustria e Comercio S.A. Chemicals and Petrochemicals FY96 19.0 - 19.0 - 19.0
Politeno Linear Indilstria e Comercio S.A. Chemicals and Petrochemicals FY89 23.6 - 7.3 5.1 12.4
Rhodia-Ster S.A. Chemicals and Petrochemicals FY92 26.0 - 14.3 6.0 20.2
Rhodiaco Industrias Quimicas Ltda. Chemicals and Petrochemicals FY96 30.0 30.0 30.0 - 30.0
Ripasa S.A. Celulose e Papel Timber, Pulp and Paper FY91 25.0 - 11.4 5.0 16.4
S.A. Induistria e Comercio Chapec6 Food and Agribusiness FY94,96 7.9 - 6.9 7.9 14.7
Sadia Conc6rdia S.A. Industria e Comercio Food and Agribusiness FY94,95 40.0 62.0 28.0 10.0 38.0
SOCOCO S/A - Agroinduistrias da Amazonia Food and Agribusiness FY83 5.5 - - 2.5 2.5
Sdo Paulo Alpargatas S.A. Textiles FY87 30.0 4.8 - 4.8
Unibanco - Uniao de Bancos Brasileiros S.A. Financial Services FY88,96 49.8 - 26.4 - 26.4
Votorantim Celulose e Papel S.A. Timber, Pulp and Paper FY93 24.0 15.0 19.4 - 19.4

758.5 183.5 942.0

Latin America and the Carribbean 29


Investment Portfolio
As of June 30, 1996

Original
commitments' Investments heldforIFC
Fiscalyears Imillions
ofU.S.dollars) Irnillions
ofU.S.dollars)
inwhich
commitments Total Total Equity Total
loans
Country,regionor otherarea,andobligor Sector weremade IFC syndicabons Loans (atcost) andequity

Chile
Bosques y Maderas S.A. (BOMASA) Timber, Pulp and Paper FY92, 94 10.3 6.0 2.8 4.8 7.5
Celulosa Arauco y Constituci6n S.A. Timber, Pulp and Paper FY87,88,89 85.0 45.5 21.2 - 21.2
Celulosa del Pacifico, S.A. Timber, Pulp and Paper FY90, 93, 94 55.5 33.0 15.2 15.5 30.7
Compantia de Carbones de Chile COCAR S.A. Mining and Extraction FY86 11.7 - - 2.2 2.2
of Fuel Minerals
Compantia de Telecomunicaciones de Chile S.A. Infrastructure FY91, 92,94 99.1 113.0 53.2 - 53.2
Empresa Electrica Pangue S.A. Infrastructure FY94 74.7 100.0 61.0 4.7 65.7
Exportadora Frutas Naturales de Chile Ltda.** Food and Agribusiness FY91 - - 0.1 - 0.1
Fibranova S.A. Timber, Pulp and Paper FY92,93 17.5 - 4.0 1.5 5.5
HidroelectricaAconcagua S.A. Infrastructure FY92, 93 16.1 6.0 1.9 8.1 10.0
Leasing Andino S.A. Financial Services FY91, 94 20.0 20.0 8.8 - 8.8
Mercado Mayorista de Santiago S.A. Food and Agribusiness FY96 10.0 - 10.0 - 10.0
Minera Escondida Limitada Mining and Extraction FY89, 91 67.7 - 20.1 7.5 27.6
of Metals and Other Ores
Moneda Asset Management S.A. Financial Services FY94, 96 0.3 - - 0.3 0.3
Nature's Farm Products (Chile) S.A.** Food and Agribusiness FY91 - - 1.8 - 1.8
Pionero Fondo de Inversi6n Mobiliaria Financial Services FY94 10.0 - - 10.0 10.0
Proa Fondo de Inversi6n de Desarrollo Financial Services FY96 8.4 - - 8.4 8.4
de Empresas
Reynolds Chile S.A. Manufacturing FY96 11.0 - 8.5 2.5 11.0

208.5 65.5 274.0


Colombia
Promotora de la Interconexi6n de los Infrastructure FY77, 89, 28.3 44.5 7.4 1.6 9.0
Gasoductos de la Costa Atlantica S.A. 93, 94
APEX, S.A. Financial Services FY93 1.4 - - 1.4 1.4
Compahia Colombiana de Tejidos Textiles FY63,91 22.9 1.7 12.6 - 12.6
Compafila Suramericana de Seguros S.A.* Financial Services FY93 8.0 - - 8.0 8.0
Corporaci6n Financiera de Santander S.A. Financial Services FY94, 95 6.4 - 4.8 1.4 6.2
Corporaci6n Financiera del Valle Financial Services FY69, 85, 88, 51.1 60.0 30.0 7.4 37.4
93,95
Corporaci6n Nacional y Suramericana S.A. Financial Services FY96 40.0 40.0 40.0 - 40.0
Enka de Colombia, S.A. Textiles FY67, 70, 74, 43.1 16.8 1.9 - 1.9
85, 86, 87, 89
Frigorificos Colombianos S.A. Food and Agribusiness FY83 1.6 - - - -
Industria Colombiana de Llantas S.A. Motor Vehicles and FY95 19.0 - 14.0 5.0 19.0
Components
Leasing Bolivar, S.A. Financial Services FY81, 85, 87, 15.4 6.3 7.0 0.3 7.3
90,91,92,95
Oleoducto de Colombia S.A. Mining and Extraction FY91, 92 55.0 75.0 20.2 - 20.2
of Fuel Minerals
Petr6leos Colombianos Limited Mining and Extraction FY81, 82 6.3 9.3 1.8 3.4 5.2
of Fuel Minerals
Productora de Derivados de la Sal, S.A. Chemicals and FY87 7.2 - - 0.6 0.6
(PRODESAL) Petrochemicals

139.7 29.1 168.8


Costa Rica
Banco Interfin S.A. Financial Services FY93 5.0 - 4.6 - 4.6
Corporaci6n Banex, S.A. y Banex Financial Services FY91 5.8 - 3.6 0.8 4.3
Internacional, S.A.

30 International FinanceCorporation
Original
commitments' InvestmentsheldforIFC
Fscalyears (millions
ofU.S.
dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equhiy Total
lsans
Country,
region
or otherarea,andobligor Sector weremade IFC syndications Loans (atcost) andequity

Costa Rica (continued)


HidroelctricaAguas Zarcas S.A. Infrastructure FY94 4.0 6.1 4.0 - 4.0
Hotel Camino Real, S.A. Hotels and Tourism FY93 7.0 - 7.0 - 7.0
Millicom Costa Rica, S.A. Infrastructure FY93 2.0 1.0 - 1.0 1.0
Ticofrut S.A. Food and Agribusiness FY96 5.0 5.0 5.0 - 5.0

24.2 1.8 25.9


Dominican Republic
Transamerican Hoteles, Dechiaro, Hotels and Tourism FY87 6.0 - 1.7 - 1.7
Siskind, Vincent & Co. S. en C. por A.
Cranberry Dominicana S.A. and Tlantimar S.A. Hotels and Tourism FY93 6.8 - 5.6 - 5.6
Desarrollos Turisticos del Caribe, S.A. Hotels and Tourism FY92,94 10.0 - 7.4 - 7.4
Smith/Enron Cogeneration Limited Partnership Infrastructure FY95,96 32.3 50.0 31.6 - 31.6
Zona Franca San Isidro S.A. Industrial and FY90 2.8 - 1.3 - 1.3
Consumer Services

47.6 - 47.6
Ecuador
CompanoiaFinanciera Ecuatoriana Financial Services FY69, 73, 77, 3.0 - - 0.3 0.3
de Desarrollo, S.A. (COFIEC) 81, 82,88
Rey Banano del Pacifico C.A. Food and Agribusiness FY94 10.0 5.0 9.4 - 9.4
Tripetrol Exploration and Production Mining and Extraction FY93 10.0 - 6.6 - 6.6
Company of Fuel Minerals

16.0 0.3 16.3


El Salvador
Telemovil El Salvador, S.A. Infrastructure FY94,96 9.9 14.5 9.4 0.2 9.6

9.4 0.2 9.6


Guatemala
Basic Petroleum International Limited Mining and Extraction FY94 14.0 6.0 10.0 4.0 14.0
of Fuel Minerals
Fabrigas S.A. Infrastructure FY95 7.0 - 7.0 - 7.0
Puerto Quetzal Power Corporation Infrastructure FY93,96 20.0 51.0 14.3 - 14.3
Vidriera Guatemalteca, S.A. Manufacturing FY93 11.0 - 10.3 - 10.3

41.6 4.0 45.6


Honduras
Electricidad de Cortes S. de R.L. de C.V. Infrastructure FY95 16.6 36.3 13.4 2.6 16.1
Textiles Rio Lindo, S.A. de C.V. Textiles FY78 4.8 6.0 0.5 1.0 1.5

13.9 3.6 17.5


Jamaica
Caribbean Cement Company Limited Cement and FY93 8.0 - 6.5 - 6.5
Construction Materials

6.5 - 6.5

Latin Americaand the Caribbean 31


Investment Portfolio
As of June 30, 1996

Odginalcommitments' Investments heldfor IFC


Fiscalyears (millionsofU.S.dollars) Imillionsof U.S.dollars)
in which
commitnents Ttal Total Equity Totalloans
Country,regionor otherarea,andobligor Sector weremade IFC syndications Loans (atcost) andequhiy

Me3ico
Aislantes de Le6n, S.A. de C.V. (ALSA) Motor Vehicles and FY92 16.1 - 7.0 - 7.0
Components
Alimentos Naturales Sabroza S.A.de C.V.** Food and Agribusiness FY94 - - 3.0 - 3.0
Apasco, S.A. de C.V. Cement and FY88, 91, 176.4 120.0 31.8 - 31.8
Construction Materials 92,93, 96
Arancia S.A. de C.V.** Food and Agribusiness FY95 - - 5.7 - 5.7
Aurum-Heller Factoraje, S.A. de C.V. Financial Services FY94, 96 2.0 - - 2.0 2.0
Banca Serfin, S.N.C. Financial Services FY89, 90 60.0 - 40.0 - 40.0
Banco Nacional de M6xico, S.N.C. Financial Services FY92, 90 60.0 - 26.8 - 26.8
Baring Venture Fund Financial Services FY95 6.5 - - 6.5 6.5
Baring Venture Partners de Mexico S.A. de CV. Financial Services FY95,96 0.2 - - 0.2 0.2
Calizas Industriales del Carmen, S.A. de C.V. Cement and FY88, 92 32.0 - 17.7 - 17.7
Construction Materials
Celular de Telefonia, S.A. de C.V. Infrastructure FY92 16.0 36.3 14.4 0.8 15.1
Celulosa y Derivados, S.A. de C.V. Textiles FY93 11.0 26.0 11.0 - 11.0
Cemex, S.A. Cement and FY89 20.0 - 5.6 - 5.6
Construction Materials
Cifunsa S.A. de C.V. Motor Vehicles and FY96 18.0 12.0 18.0 - 18.0
Components
Companiia Tratadora de Aguas Negras Infrastructure FY95 7.3 - 7.3 - 7.3
de Puerto Vallarta, S.A. de C.V.
Conductores Monterrey, S.A. Manufacturing FY79, 91 8.4 13.0 0.4 - 0.4
Fomento Economico Mexicano S.A. Food and Agribusiness FY89, 92 107.6 - 27.5 16.8 44.3
de C.V. (Visa)
Grupo Condumex S.A. de C.V. Manufacturing FY90,92 44.5 18.0 14.0 - 14-0
Grupo Financiero Probursa, S.A. de C.V. Financial Services FY92, 96 8.5 - - 8.5 8.5
Grupo Idesa S.A. de C.V. Chemicals and FY94 23.0 42.5 15.0 8.0 23.0
Petrochemicals
Grupo Industrial Bimbo, S.A. de C.V. Food and Agribusiness FY92, 96 65.0 175.0 52.0 - 52.0
Grupo Operador de Terminales Maritimas S-A. Infrastructure FY94 3.8 2.6 1.6 2.0 3.6
Grupo Posadas S.A. de C.V. Hotels and Tourism FY92,93, 95,96 48.7 58.5 32.7 5.0 37.7
Grupo Primex, S.A. de C.V. Chemicals and Petrochemicals FY85, 90 26.0 2.2 4.1 - 4.1
Hotel Camino Real Ixtapa, S.A. Hotels and Tourism FY79, 81,87 4.2 - - 4.2 4.2
Indelpro, S.A. de C.V. Chemicals and Petrochemicals FY90, 91,94 31.0 3.0 18.6 - 18.6
Internacional de Ceramica S.A. de C.V. Cement and FY94 21.0 17.5 21.0 - 21.0
Construction Materials
Masterpak, S.A. de C.V. Timber, Pulp and Paper FY93 12.0 28.0 12.0 - 12.0
Metalsa, S.A. Motor Vehicles and FY92, 84, 33.4 35.0 17.0 - 17.0
Components 88, 94
Mexicana de Cobre, S.A. de C.V. Mining and Extraction FY94, 95 50.0 45.0 47.4 - 47.4
of Metals and Other Ores
Mexico City Toluca Toll Road, The Infrastructure FY92 13.8 - 9.1 - 9.1
Mexplus Puertos S.A. de C.V. Infrastructure FY95 1.0 - - 1.0 1.0
Nemak S.A. Motor Vehicles and FY96 30.0 35.0 30.0 - 30.0
Components
Petrocel, S.A. Chemicals and Petrochemicals FY91 32.0 - 15.2 - 15.2
Pyosa, S.A. de C.V.** Manufacturing FY94 - - 7.6 - 7.6
Sigma Alimentos, S.A. de C.V. Food and Agribusiness FY88, 95, 96 48.0 32.0 20.5 5.0 25.5

32 International Finance Corporation


Original
commitments' Investnents
held
forIFC
Fiscal
years Imillions
ofU.S.dollars) Imillions
ofU.S.
dollars)
in which
commitments Total Total Equity Total
loans
region
Country, orother
area,
andobligor Sector weremade IFC syndications Loans iatcostl andequity

Mexico (continued)
Tereftalatos Mexicanos, S.A. Chemicals and Petrochemicals FY78,95 39.0 20.0 18.9 - 18.9
Vitro Flotado, S.A. de C.V. Manufacturing FY91 25.0 101.0 15.6 - 15.6
Vitro S.A. Manufacturing FY91, 92 18.2 - - 10.2 10.2
Vulica Shipping Company Ltd. Infrastructure FY88 18.0 - 13.5 - 13.5

582.0 70.1 652.1

Panama
Banco Continental de Panama, S.A. Financial Services FY93 5.0 - 4.9 - 4.9
Banco Latinoamericano de Exportaciones, S.A. Financial Services FY79, 85,86, 88 49.8 - - 2.1 2.1
Manzanillo International Terminal Panama, S.A. Infrastructure FY95 25.0 35.0 25.0 - 25.0

29.9 2.1 32.0

Peru
AFP Horizonte S.A. Financial Services FY94, 96 1.1 - - 1.1 1.1
Banco de Credito del Perut Financial Services FY95 15.0 - 15.0 - 15.0
Compahia de Minas Buenaventura, S.A. Mining and Extraction FY79, 83, 8.4 - - 2.4 2.4
of Metals and Other Ores 90,93
Minera Quellaveco S.A. Mining and Extraction FY93 6.2 - - 6.2 6.2
of Metals and Other Ores
Peru Privatization Fund Limited, The Financial Services FY95 20.0 - - 20.0 20.0
PPF Cayman Ltd. Financial Services FY95 + - - + +

S.A. Minera Regina Mining and Extraction FY85 2.7 - 2.3 - 2.3
of Metals and Other Ores
Sogewiese Leasing, S.A. Financial Services FY82, 92, 96 19.5 25.0 13.0 1.4 14.4
Yanacocha S.A. Mining and Extraction FY93, 95 22.7 19.0 18.2 0.3 18.5
of Metals and Other Ores __

48.5 31.5 80.0

Saint Lucia
Anse Chastanet Resort Hotel Hotels and Tourism FY96 6.2 - 6.2 - 6.2
Club St. Lucia (Smuggler's Village) Limited Hotels and Tourism FY91 3.7 - 2.4 - 2.4

8.6 - 8.6

Trinidadand Tobago
Caribbean Ispat Limited Mining and Extraction FY96 27.4 55.0 27.4 - 27.4
of Metals and Other Ores
Development Finance Limited Financial Services FY89,92 0.6 - - 0.6 0.6
Home Mortgage Bank Financial Services FY87 0.4 - - 0.4 0.4
Trinidad Nitrogen Company Limited Fertilizers and FY87 33.2 124.3 12.4 - 12.4
Agricultural Chemicals

39.8 1.0 40.8

Uruguay
Azucitrus S.A. Food and Agribusiness FY85, 93 12.7 - 10.4 2.4 12.8
Banco Comercial, S.A. Financial Services FY93 5.0 - 3.4 - 3.4
Banco Surinvest S.A. Financial Services FY80, 89 10.6 10.0 - 1.8 1.8
Consorcio Aeropuertos Internacionales S.A. Infrastructure FY96 8.0 10.0 8.0 - 8.0

Latin America and the Caribbean 33


Investment Portfolio
As of June 30, 1996

Original
commitments' lvestments heldforIFC
Fiscalyears (millions
ofU.S.dollars) (Inllions
ofU.S.dollars)
in which
commitments Total Total Equity Total
loans
Country,
regionorotherarea,and tbligor Sector weremads IFC syndications Loans (atcostl andequity

Uruguay (continued)
Granja Avicola Moro Food and Agribusiness FY92 3.8 - 2.3 0.8 3.0
Migranja S.A. Food and Agribusiness FY90 5.1 - 3.1 2.0 5.1

27.2 6.9 34.1


Venezuela
Compafiia An6nima Nacional Telefonos Infrastructure FY96 75.0 175.0 75.0 - 75.0
de Venezuela
Compafina An6nima Fdbrica de Papel Maracay"* Timber, Pulp and Paper FY94 - - 2.7 - 2.7
Consolidada Carabobo C.A. Cement and FY94 22.0 29.0 12.0 - 12.0
Construction Materials
Corporacid6n Corkem, C.A.** Chemicals and Petrochemicals FY91 - - 0.6 - 0.6
Corporaci6n Industrial Montana, C.A., S.A. Chemicals and Petrochemicals FY91, 92 21.1 - - 11.0 11.0
Eka Nobel de Venezuela C.A Chemicals and Petrochemicals FY91 14.3 18.0 11.1 - 11.1
Grupo Zuliano, C.A. Chemicals and Petrochemicals FY92, 94 14.1 - - 14.1 14.1
Mavesa, S.A. Food and Agribusiness FY92 9.0 - - 9.0 9.0
Metanol de Oriente, Metor S.A. Chemicals and Petrochemicals FY93 41.4 93.3 28.5 6.8 35.3
Operaciones Al Sur del Orinoco Mining and Extraction FY89 37.4 35.8 2.0 - 2.0
of Metals and Other Ores
Pentafarma Manufacturas A.S. Chemicals and Petrochemicals FY94 1.3 1.3 1.3 - 1.3
Polipropileno de Venezuela, S.A. Chemicals and Petrochemicals FY89 40.0 7.0 24.5 - 24.5
Productora de Alcoholes Hidratados, C.A. Chemicals and Petrochemicals FY91 39.4 2.0 21.1 8.5 29.6
Sider6rgica del Turbio S.A.** Mining and Extraction FY94 - - 4.5 - 4.5
of Metals and Other Ores
Sociedad Financiera Mercantil C.A. Financial Services FY91 16.0 - 6.7 - 6.7

189.9 49.4 239.3


Regional
IFC Latin America Index Fund Financial Services FY95 10.0 - - 10.0 10.0
Latin America Corporate Debt Fund Financial Services FY94 15.0 - - 15.0 15.0
Latin America Enterprise Fund, L.P., The Financial Services FY95 20.0 - - 20.0 20.0
Latin American Capital Fund Ltd. Financial Services FY92 2.0 - - 0.1 0.1
Scudder Latin American Trust Financial Services FY93 25.0 - - 25.0 25.0
for Independent Power

- 70.1 70.1

Totalfor LatinAmericaandthe Caribbean $3,050.3 $718.3 $3,768.6

34 International FinanceCorporation
Original
commitments' heldforIFC
Investments
Fiscal
years ofU.S.
(millions dollars) (millions
ofU.S.dollars)
inwhich
commitments Total Total Equity Totalloans
Country,
regionor ler area, andobligor Sector weremade IFC syndications Loans (atcoit) andequaiy

Worldwide
Emerging Markets Investment Fund Financial Services FY88 10.0 - - 1.5 1.5
Cr6dit Lyonnais (Multicountry Loan Facility)* Financial Services FY91 15.0 15.0 11.1 - 11.1
Algemene Bank Nederland N.V.* Financial Services FY90 10.0 10.0 7.0 - 7.0
Banque Nationale de Paris' Financial Services FY91 5.0 5.0 5.0 - 5.0
Emerging Markets Gold Fund Financial Services FY94 18.8 - - 17.3 17.3
Global Power Investment LDC Financial Services FY95 1.1 - - 1.1 1.1
Global Power Investments Company, L.P. Financial Services FY95 50.0 - - 50.0 50.0
IFC Latin America and Asia Trust 1995-A Financial Services FY96 20.0 - - 18.6 18.6
Internationale Nederlanden Groep N.V.* Financial Services FY90 15.0 18.0 8.9 - 8.9
State Street Bank & Trust Company IFC Financial Services FY94 10.0 - - 10.0 10.0
Emerging Markets Index Common Trust Fund

32.0 98.5 130.4

Totalfor Worldwide $32.0 $98.5 $130.4

Totalfor theInternational
Finance
Corporation $7,731.8$2,154.2$9,886.0

Totalfor theInternational
FinanceCorporation
4
(NetofWrite-OffAdjustments) $7,709.0$2,134.8$9,843.8

Notes and Definitions


1. IFC's fiscal year runs from July i to June 30.
2. Investment amounts are given in U.S. dollars, regardless of the original currency/ies,based on the exchange rate in effecton June30, 1996.
3. Commitments are loans, syndicated loans, and equity and quasi-equity investments for which agreements were signed during FY96.
4. Investmentsheld for IFC's account are loans, and equity and quasi-equity investments disbursed and outstanding, and undisbursed.
5. Totals may differ from the sum of individual figures because of rounding.
6. The operational investments are represented by loans and equity, as stated, In addition, in certain investments, IFC has the right to acquire shares and/or participate in the profits of
the enterprise.

Financialintermediary throughwhich IFC makes loans soand equity investments in varioussmall-scalecompanies.


Subprojectunder an agencyline or a multi-country loanfacility. The correspondingcommitment isshownfor the agent.
+ Lessthan $50,000.
1. Commitments includefunds to be providedby IFCfor its own account,funds to be providedbyparricipants through the purchaseofan interestin IFC's investment, andfunds to be pro-
vided by otherfinancial institutions in associationwith IFC,where IFC has renderedmaterial assistancein mobilizing thosefunds. Original commitmentsare composedof disbursedand
undisbursedbalances.The undisbursedportionis revaluedat current exchangerate while the disbursedportion representsthe cost ofthe commitment at the time of disbursement.toans
heldfor IFC are revaluedat the current exchangerates,Amounts shown arefor commitments outstandingatjune 30, 1996, net of cancellations.
2. Representsinvestments madeat a timewhen the authoritieson TaiwanrepresentedChina in the Corporation(beforeMay 15, 1980).
3. This investment comprises eight original loansthat were locatedin sixformer republicsand two autonomousprovincesof Yugoslavia.Three of these loans (one eachin Croatia,
theformer Yugoslavrepublicof Macedoniaand Slovenia) have been repaid.Thefive remaining loans arelocated in the FederalRepublicof Yugoslavia(Serbia and Montenegro)and
Bosnia and Herzegovina.
4. Ofthe total$51,535,498in write-offsforFY96, write-offadjustments are $22,803,277in loans and $19,328,233in equity (at cost) fora total of$42,131,510.

Worldwide 35
1850I Street, N.W.
1 IFC 1
Washington,
U.S.A.
DC 20433

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