1.0 - Use of Resources Statement ¹ - PlaNet Finance NGO ²

USES	In euros	In %
Social missions	6 179 670	81 %
Technical assistance programs: grants and support to MFIs	5 913 920	77 %
Africa and the Middle East	2 529 883
Asia	1 771 324
Latin America	1 031 474
Europe	581 239
MFI financing	265 750	4 %
Africa and the Middle East	122 114
Asia	72 960
Latin America	57 008
Europe	13 668
Communication & Fundraising	490 719	6 %
Administration	717 388	9 %
Provision for depreciation of participations	302 476	4 %
Excess	-	-
TOTAL	7 690 252	-

REVENUES	In euros	In %
Private donations allocated to programs	1 529 333	20 %
Private donations allocated to the organisations' development	898 961	12 %
Public grants	1 484 477	19 %
Ordered services	1 722 834	22 %
Technical Assistance	1 571 262	20 %
Income from financing activities	56 910	1 %
Other (including expense transfer to affiliates)	94 663	1 %
Sales (greeting cards, books…)	205 570	3 %
In-kind revenues	1 225 337	16 %
Other revenues	174 352	2 %
Non-operational loss	302 476	4 %
Operational loss	146 913	2 %
TOTAL	7 690 252	-

With a total of 7,240,864 EUR in annual revenues, the 2006 fiscal year shows a 6% increase compared to 2005 (total revenues: 6,853,992 EUR). Nonetheless, the spin-off of the rating activity by mid-2005 had transformed the scope of the accounts. All program activities held constant, the growth of revenues would have shown a 10% increase for the 2006 fiscal year.

The net result shows a 449,389 EUR loss and is mostly a consequence of a prudential provision -without any effect on cashcaused by equity participation commercial subsidiaries still in their start-up phase (302,476 EUR).

In 2006, PlaNet Finance dedicated 81% of its budget to its social missions. Technical assistance programs, that include grants and support to MFIs, have risen significantly, with a 27% budget increase compared to 2005.

A few examples of programs set up in 2006: Setting up of a microfinance bank in Mexico (207,704 EUR), « Microfinance & Health program» in Benin (200,000 EUR), Reconstruction program in Sri Lanka (93,356 EUR), « Asia@ITC II - Broadband for Barefoot Bankers » in China (111,775 EUR) or « Entreprendre en Banlieue » (« Entrepreneurship in the suburbs ») in France (161,780 EUR).

Total equity for the NGO « PlaNet Finance » ³ (main legal structure with « PlaNet Finance ») reaches 794,527 EUR.

2.0 - Total yearly resources (in K EUR) - NGO PlaNet Finance

3.0 - PlaNet Finance NGO’s participations in the subsidiaries (in K EUR)

	Capital	Participation	%
Planet Rating	580	406	70 %
MicroCred Holding	5 795	500	9 %

¹ The Use of Resources Statement (URS) is a financial tool analysing all the elements shown in the income statement, to which are added the in-kind resources. The URS indicates where the resources of an organization come from and how they are used.

² N.B: « PlaNet Finance » refers to the NGOs’ head office and its affliates, offices and representative offices.

³ This structure is made of a single legal entity, including the French Head office and the PlaNet Finance offices in Benin, Senegal, Madagascar, UAE, Lebanon, Palestian Territories,Israel, en Jordan, China, Japan and Argentina (in 2006).